gta new condo guide, feb 1, 2014

fold

6.875" x 10.5" OGF7.25" x 10.5" OFCfold

7.5" x 10.5" OBC

tridel.com*Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. January 2014. Facebook.com/Tridel Twitter.com/Tridel

TOUR NEW DESIGNER DECORATED MODEL SUITES, LOBBY AND RECREATIONAL AMENITIES.

MOVE IN NOW

MOVE IN NOW

A Tridel Built Green. Built for Life.® community.

[email protected]

CONTACTUS

PHONE416.620.1887

WEB TRIDEL.COM

Parking Included

PRICES

SUITES FROM $290,000*

PRESENTATION CENTRE

6 EVA ROADETOBICOKE

North of Bloor St. West, off The West Mall

Tridel. Everywhere you want to be.

tridel.com

TRI 22947 CG Cover + GF(IFC) + OBC Jan 14.indd 4-6 14-01-23 4:29 PM

INSIDE THIS ISSUE

TAX TIPS FOR HOMEBUYERS

TORONTO: NORTH AMERICA’S CONDO BOOMTOWN

STYLE FILE: SPLURGE VS. SAVE

February 1 - 15, 2014 Volume 18 Issue 03

[ 3-WEEK ISSUE ]

CG_Cvr_Feb-01-2014-FIN.indd 1 14-01-27 3:41 PM

fold

6.875" x 10.5" OGF7.25" x 10.5" OFCfold

7.5" x 10.5" OBC



MOVE IN NOW

MOVE IN NOW


[email protected]

CONTACTUS

PHONE416.620.1887

WEB TRIDEL.COM

Parking Included

PRICES


PRESENTATION CENTRE

6 EVA ROADETOBICOKE



tridel.com


COMING SOON

A NEW SIGNATURE RESIDENCE AT CUMBERLAND AND AVENUE ROAD

PREVIEW REGISTRATION AT THECUMBERLAND.CABROkERS PROTECTED.

This is Yorkville at its best.

FOR THOSE IN THE KNOW.

editor’s note

SuSan Leggeeditor-in-chief

Wall2Wall [email protected]

follow me on twitter at twitter.com/susanLegge

Like us on facebook search: condo Guide

Money Matters, and your condo purchase

Lydia Mcnutteditor

Wall2Wall [email protected]

follow me on twitter at twitter.com/Lydiastweets

Shopping for a home online is a great way to narrow your search, but there’s nothing like visiting the sites, sales offices and model suites to get down to the nitty-gritty. Before you venture out, here are some pointers:First, be clear on what you want and expect in a new home and in your builder. Remember, the range of prices in the new-home market generally reflects differences in location, features and home styles. If a builder’s pricing seems out of whack with others in the area, ask for an explanation. Higher prices could mean better quality materials, finishings, features and service. Make sure that the price you are paying reflects the quality you want.

Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a “spec” sheet that clearly lists what is included, as well as any upgrade options.Third, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Hearsay comments should not be included as part of your evaluation process. Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail – then take it to a lawyer before signing on the dotted line.

BuyinG Made easy Three simple steps

This time of year is fraught with reviews of the past year, and predictions of what lies ahead. With recent reports calling for a seller’s market to kick off 2014 before balancing out mid-year, some homebuyers may be tempted to put their purchasing plans on hold and wait out the storm – or, more aptly, the bidding wars.

Buying a home is a huge commitment, financial and otherwise. Here are some tips to follow, regardless of the market conditions.

Buy with your head, not your heart. The more you know about the real estate market, your needs and your wants, the more confidence you’ll have in your home purchase.

Meet with your financial adviser and mortgage professional to determine what you can – and can’t – afford, and learn about the different types of mortgage products available to you. By simply rounding up your mortgage payments, or switching to an

accelerated bi-weekly payment schedule, you can shave years off the life of your mortgage, and potentially save a bundle in interest payments.

Stress-test your mortgage against higher interest rates. It’s anyone’s guess how long the current low rates will last. Consider your other payments as well, such as car and student loans, and other debts you may have. And don’t forget to factor in your lifestyle. If you enjoy dinners out, or winter-time vacations to the sunny south, will you still be able to afford these things while making your mortgage payments?

At the end of the day, most of us buy a home because we need a place to live. This will still be the case, regardless of what is happening in the world of real estate. Buy when you’re ready for the market, not when the market is ready for you. By sitting on the fence and waiting for conditions to ripen, you could be missing out on some sweet opportunities.

002 neW condo Guide february 1 - 15, 2014

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 003

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

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

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

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

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

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

SaLeS & MaRketing co-oRDinatoR Terry BassettaDMiniStRative aSSiStant Antoinette Jackson

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

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

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

contributors neW conDo guiDe

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

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

Published By

quick tipS Hellen ButtigiegHellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-book on how to find more time, energy and inner peace. Call 905.829.2219 or email [email protected]

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

StyLe fiLe Paul SemkuleyPaul Semkuley is an interior stylist and principal of Re:Source Lifestyles. His love of art, fashion and design brings a unique aesthetic to everything he touches. Visit online at resourcelifestyles.com and follow him on Twitter at @resourcelifestyles.

funDaMentaLLy Speaking Wayne Karl Wayne Karl is an award- winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email [email protected] or follow him on Twitter at Twitter.com/WayneKarl

004 neW conDo guiDe FEBRuARY 1 - 15, 2014

1YORKVILLE.CA

COMING SOON

RENDERING IS ARTIST’S CONCEPT ONLY@BazisInc

CONDOMINIUM RESIDENCES

AT YORKVILLE & YONGE

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


SKY

WATER

SUCCESS

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MARKHAM9560 Markham Rd.

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kham

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

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Prices sizes & specifi cations are subject to change without notice. *Limited time offer, please see sales representative for details. Some restrictions apply to cash back incentive, new release sales program, special deposit program, Easy Buy Program and other incentive and sales programs which are site specifi c. Renderings are artist concept. Exclusive listing brokerage. TFN Realty Inc. Brokers Protected. E.&O.E

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EMPC 32029 Condo Guide DPS Ad.indd 1 2014-01-09 9:34 AM

006 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

SKY

WATER

SUCCESS

THE BIGGEST CONDOMINIUM SUCCESS OF 2013!Following the outstanding success of Sky Tower at Eau Du Soleil CondosNOW OPEN: Water Tower, the next phase of this iconic community.Fantastic suites are still available, so be part of the success!

WATERFRONT CONDOS FROM THE LOW $300’S VISIT THE PRESENTATION GALLERY FORAN OPENING BONUS OF UP TO $80,000*

EMPIREWATERTOWER.COM | 416.503.33282183 LAKE SHORE BLVD. W. MON-FRI: 12PM-6PM SAT, SUN AND HOLIDAYS: 12PM-5PM

WHERE IN THE EMPIRE DO YOU WANT TO LIVE?

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

EMPIRECOMMUNITIES.COM

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

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

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

MARKHAM9560 Markham Rd.

905.554.5015

16th Ave.

Bur Oak Ave.

Mar

kham

Rd.

N

TORONTO1603 Eglinton Ave. W.

416.784.3482

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

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

SUITES FROM THE MID $200’sNOW OPEN empirethehub.com

Eglinton Ave. W.

Dufferin St.

Glenholme Ave.

Oakwood Ave.

Allen Rd.

Subway St.

N

Prices sizes & specifi cations are subject to change without notice. *Limited time offer, please see sales representative for details. Some restrictions apply to cash back incentive, new release sales program, special deposit program, Easy Buy Program and other incentive and sales programs which are site specifi c. Renderings are artist concept. Exclusive listing brokerage. TFN Realty Inc. Brokers Protected. E.&O.E

OAKVILLE521 Kerr St.

905.845.7246HWY 403/QEW

Lakeshore Rd.

Cornwall Rd.

Wyecroft Rd.

Speers Rd.

Dorval Dr.

Kerr St.

Trafalgar Rd.

Lake OntarioLake Ontario NNOAKVILLE’S HOTTEST NEW RELEASE!

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

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

EMPC 32029 Condo Guide DPS Ad.indd 1 2014-01-09 9:34 AM


Ten93 Queen West is coming soon to the southwest corner of

Queen West and Dovercourt Road. Embracing a raw, organic lifestyle,

this exceptional Pemberton Group condominium will be in the heart

of an unscripted neighbourhood known for its cutting-edge dining,

music and nightlife, theatres, fashion boutiques, and art galleries.

Ten93 Queen West is an easy stroll to The Drake and Gladstone

Hotel. TTC service is conveniently located at its doorstep, and the

Gardiner Expressway is a short drive away. Nearby are the many

recreational facilities at 14.6-hectare Trinity Bellwoods Park. Within

steps are hot spots where you can enjoy drinks at the Dog & Bear,

and the fabulous food at Samuel J. Moore. Other local favourites

include Julie’s Cuban and Luna Café on Dovercourt, and the

burgeoning restaurant strip along south Ossington.

Destined to become an iconic fusion of art, fashion, culture, creativity

and style, Ten93 Queen West offers 134 suites in a striking 9-storey

building. Amenities include a trend-setting party room with

catering kitchen, a fitness room, and a landscaped terrace garden

with barbecues for al fresco dining. Residents will benefit from

concierge services during service hours, and new retail opportunities

on the ground floor.

Priced from the $280’s, choices at Ten93 Queen West will include

studios, one-bedroom, one-bedroom + den, two-bedroom, two-

bedroom + den, plus two-storey urban suite designs. Suites will

range in size from 470 to 1,160 sq. ft. – all with high-quality features

and finishes.

With over 50 years of experience creating successful residential

and commercial developments, Pemberton Group has earned

a reputation for building outstanding communities across the

Greater Toronto Area. For an overview of the company’s many

fine communities, visit PembertonGroup.com. You can also follow

Pemberton on Facebook and Twitter.

To register now for Pemberton’s newest condominium, Ten93 Queen

West, please visit Ten93QueenWest.com, or call 905-326-4100

THE NEIGHBOURHOOD.RAW. ORGANIC. UNSCRIPTED.coming soon CONDOMINIUMS AT QUEEN WEST & DOVERCOURT FROM THE $280’s

Feel the vibe – an eclectic fusion of art, fashion, culture, creativity and style.

Live the life you love at the heart of everything Queen West.

RegisteR now to Join oUR PRioRitY PReView List

ten93QUEENWEST.com905 326 4100

Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. it’s all about you®

Ten93QueenWest.com

RICHIE SMITH EVERYONES FAVOURITE BARTENDER AT DOG & BEAR,1100 QUEEN WEST AT DOVERCOURT

TEN93 QUEEN WEST RESIDENTS WILL ENjOY

THEIR TREND-SETTING pARTY ROOM

LIvE IN THE HEART Of QUEEN WEST AT PEMBERTON GROUP’S ExCITING NEW CONDOMINIUM COMING SOON

All suites include Pemberton’s high-quality features and finishes

ADVERTORIAL008 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

Ten93 Queen West is coming soon to the southwest corner of

Queen West and Dovercourt Road. Embracing a raw, organic lifestyle,

this exceptional Pemberton Group condominium will be in the heart

of an unscripted neighbourhood known for its cutting-edge dining,

music and nightlife, theatres, fashion boutiques, and art galleries.

Ten93 Queen West is an easy stroll to The Drake and Gladstone

Hotel. TTC service is conveniently located at its doorstep, and the

Gardiner Expressway is a short drive away. Nearby are the many

recreational facilities at 14.6-hectare Trinity Bellwoods Park. Within

steps are hot spots where you can enjoy drinks at the Dog & Bear,

and the fabulous food at Samuel J. Moore. Other local favourites

include Julie’s Cuban and Luna Café on Dovercourt, and the

burgeoning restaurant strip along south Ossington.

Destined to become an iconic fusion of art, fashion, culture, creativity

and style, Ten93 Queen West offers 134 suites in a striking 9-storey

building. Amenities include a trend-setting party room with

catering kitchen, a fitness room, and a landscaped terrace garden

with barbecues for al fresco dining. Residents will benefit from

concierge services during service hours, and new retail opportunities

on the ground floor.

Priced from the $280’s, choices at Ten93 Queen West will include

studios, one-bedroom, one-bedroom + den, two-bedroom, two-

bedroom + den, plus two-storey urban suite designs. Suites will

range in size from 470 to 1,160 sq. ft. – all with high-quality features

and finishes.

With over 50 years of experience creating successful residential

and commercial developments, Pemberton Group has earned

a reputation for building outstanding communities across the

Greater Toronto Area. For an overview of the company’s many

fine communities, visit PembertonGroup.com. You can also follow

Pemberton on Facebook and Twitter.

To register now for Pemberton’s newest condominium, Ten93 Queen

West, please visit Ten93QueenWest.com, or call 905-326-4100

THE NEIGHBOURHOOD.RAW. ORGANIC. UNSCRIPTED.coming soon CONDOMINIUMS AT QUEEN WEST & DOVERCOURT FROM THE $280’s

Feel the vibe – an eclectic fusion of art, fashion, culture, creativity and style.

Live the life you love at the heart of everything Queen West.

RegisteR now to Join oUR PRioRitY PReView List

ten93QUEENWEST.com905 326 4100

Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. it’s all about you®

Ten93QueenWest.com

RICHIE SMITH EVERYONES FAVOURITE BARTENDER AT DOG & BEAR,1100 QUEEN WEST AT DOVERCOURT

TEN93 QUEEN WEST RESIDENTS WILL ENjOY

THEIR TREND-SETTING pARTY ROOM

LIvE IN THE HEART Of QUEEN WEST AT PEMBERTON GROUP’S ExCITING NEW CONDOMINIUM COMING SOON

All suites include Pemberton’s high-quality features and finishes

ADVERTORIAL 009

// By Bryan tuckey Bild report

The future of Ontario’s land-use planning and development charges is now in the very

capable hands of Linda Jeffrey.The Minister of Municipal

Affairs and Housing launched public

provincial consultation

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

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

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

BILD’s official blog (bildblogs.ca).

consultations in October on the Land Use Planning and Appeals system and development charges which came to a close recently. BILD and the Ontario Home Builders’ Association hosted forums and worked diligently on this project with our provincial government partners to find new ways that Ontario can become even better at building our cities and towns.

This was not an easy process, in no small part because the 80 days that were allotted for public input went by quickly. For this kind of work, 80 days is a short period to provide information that is vital to shaping the future of the Greater Golden Horseshoe in accordance with the provincial Growth Plan.

There are many things that we have brought up in this space along the way. Firstly, it is becoming more difficult for people to afford a new home.

About 20 per cent of the cost of a new home comes from development charges (DCs) and other government fees, such as Section 37 and parkland dedication fees, according to a report by Toronto-based global real estate consultants Altus Group.

The study involved Toronto, Markham, Oakville, Bradford West Gwillimbury, Ajax and Brampton. Since 2004, those municipalities have increased DCs between 143 and 357 per cent.

Fees need to be used consistently within each municipality. The Altus report says the City of Toronto charged Section 37 fees ranging from as low as $66 per condo unit to $11,806.

When government fees are added to new-home buyers’ mortgages, this also leads to higher interest and HST payments.

In 2012, about $1 billion in DCs and other government fees was paid by the industry and new-home buyers, which contributed to Ontario municipalities’ growth-related infrastructure such as sewers, roads and transit.

In addition to taxes on new housing, outdated zoning bylaws are another concern. Some date back to the 1950s, and most do not conform to the provincial Growth Plan. This can mean months or even years of delays which slow down the process of construction and leads to more costs for new-home buyers.

In this market, relying on new-home buyers to contribute more means there’s a need for a conversation about fairness. Without new-home buyers, the 202,700 jobs created in 2013 and $10.8 billion in wages wouldn’t exist.

The role of the Ontario Municipal Board was also discussed in the consultation. It is responsible for several success stories, including the Distillery District, “The Kings” at King and Parliament and King and Spadina, and 18 Yorkville. It’s essential that the OMB is allowed to do its important work of adjudicating on municipal development planning.

The province has planned for growth in the Greater Golden Horseshoe up to 2031. We feel strongly that municipalities should conform to the Growth Plan whenever possible so we can meet the demands of the 3.7 million new residents and 1.8 million new jobs expected in that period.

Now, we look forward to the next step.

Plenty of work put into

010 new condo Guide february 1 - 15, 2014

See The Britt from a Different Point of View!

CONSTRUCTION STaRT

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columns, news &

features

table of contents

feb 1 – 15, 2014

volume 18 issue 03

WEST VILLAGE

Tour Tridel’s West Village and

Experience the Best of the West

20

002 editor’s note

columnists

010 bild report Plenty of work put into provincial consultation by bryan tuckey

026 designer Advice Energize your highrise by yanic Simard

034 tAxing issues Deductions, deductions by henry choo chong

038 investor Advice The year for condo investors by andrew la Fleur

044 condo pro Make a list and check it twice by barbara lawlor

045 legAlly speAking Financing: What happens if it goes wrong? by jaySon Schwarz

048 money mAtters RRSPs: They’re not just for retirement anymore by gail Vaz-oxlade

060 mAke your move Combining households for the first time by chuck reSnick

068 FundAmentAlly speAking Buying your first home? Four tips to guide your decision by wayne karl

072 Quick tips If you don’t use it, lost it! by hellen buttigieg

in the news

014 urbAnAtion Toronto condo market ends 2013 on a high note

032 reAlnet 2013 new-home market analysis reveals low supply, high price gap and a road to recovery

046 emporis Highrise in North America: Toronto continues to lead going into 2014

054 brAndy lAne Homes Wyldewood Cove offers affordable four-season living

homebuyers’ help

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

017 Hot topic Homebuyers’ tax tips

022 Homebuyers’ Help 10 tips for new-condo buyers

064 book review New book reveals the real risks and rewards of real estate investing by SuSan legge

076 Hot topic Tax tips for the young and restless

079 style File Splurge vs. save by Sara duck

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

092 condo cHecklist

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

106 style File Contemporary fireplaces by khai Foo

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

114 index oF Advertisers

condo profiles

62 rockport group

the nestTake flight and land

at The Nest, the newest residence

at Hillcrest Village

condo living

40 tHe dAniels corp.

Builder’s commitment to urban agriculture

continues to grow

94 piAnosi

development corp. Perspective condos Get the White Glove treatment, right-size

your future at Perspective Condos

62 94

79

In The news

A ToTAl of 4,299 new condomInIum ApArTmenTs were

sold In Q4-2013, up 12 per cent from last year — the best quarterly result since Q2-2012, according to Urbanation Inc., a leading source of information and analysis on the Toronto condominium market since 1981. Total sales for 2013 came in at 13,797 units, representing a 22-per-cent decline from 2012. Percentage declines in 2013 were magnified due to the record sales volumes recorded in the first half of 2012. The five-year annual average of 19,090 sales remained above the longer-term 10-year average of 17,727 sales per year.

“The market displayed noticeable improvement in the final months of the year. The adjustments made by the industry throughout 2013 to make projects more competitive have begun to pay off. This momentum is expected to help usher in more new projects during the first half of 2014 and boost up sales,” says Shaun Hildebrand, Urbanation’s senior vice-president.

The average price for sold units in development grew by 1.3 per cent annually in the fourth quarter to an average of $543 per sq. ft., the slowest pace of growth since 2005. Asking prices for unsold units declined by 0.9 per cent year over year in Q4 to an average of $563 per sq. ft.

“While we saw a soft landing in the new condo

market in 2013, condo resale and rental activity strengthened last year. This should help improve confidence for new condo buyers, which is believed to be the biggest factor impacting the market,” Hildebrand adds.

Resale condominium apartment sales totaled 15,698 units in 2013, up 2.7 per cent from 2012. Meanwhile, rental condo transactions grew by 28 per cent to 19,628 units – a higher level than resale transactions for the second consecutive year. Condo resale prices increased by an average of two per cent in 2013, ending the year at $418 per sq. ft. Condo rents grew by an average of 4.2 per cent in 2013, reaching $2.37 per sq. ft. in Q4-2013.

Urbanation’s Condominium Market Survey is a quarterly report that tracks new, resale and future condominium projects. The newest report from Urbanation is UrbanRental, which tracks activity in the condominium rental market. Urbanation also provides the development community with essential consulting services, which include site and topic specific market studies and surveys.

ToronTo condo mArKeT

ends 2013 on a high note

“The adjustments made by the industry throughout 2013 to make projects more competitive have begun to pay off. This momentum is expected to help usher in more new projects during the first half of 2014 and boost up sales.”

014 new condo GuIde february 1 - 15, 2014

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

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hot dates

Until Feb 13

Winterlicious

highlights

Feb 14 & 15

Casablanca

Feb 14 – 23

Canadian international

Auto show

Until Mar 14

ice skating at Natrel Rink

FebrUary 2014Calendar of events taking place from

February 1 – 15

Until Feb. 13WinterliciousAt VARioUs VeNUes ACRoss toRoNtoThis annual winter foodie event is your chance to indulge in creative cuisine from around the world. Three-course menus for lunch and dinner offer something new and exotic, or tried and true favourites, dished up at more than 200 of Toronto’s top restaurants at great prix-fixe value. Visit online for a list of participating restaurants and for additional information.winterlicious.com

Feb. 14 – 23Canadian international auto ShowMetRo toRoNto CoNVeNtioN CeNtReCanada’s largest auto show is back, showcasing over 1,000 new cars, trucks, SUVs, luxury vehicles, motorcycles and more! Shop for future purchases, or see your dream car in the flesh. You’ll also find the latest technologies, and over 100 exhibitor booths for the newest and hottest car products and services. Tickets are $17 in advance, $23 at the door. Visit online for details.autoshow.ca/cias2014

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

Feb. 14 & 15Casablanca with the tSORoy thoMsoN hAll, 60 siMCoe st.Cosy up with your sweetheart as the Toronto Symphony Orchestra is showing of one of the most beloved movies of all time, Michael Curtiz’ 1942 classic Casablanca, accompanied by the TSO’s live performance of Max Steiner’s iconic score. Of all the orchestras, in all the towns, in all the world, the TSO is the one to see! Tickets are $39 to $110. For more information and to purchase tickets, visit the website.tso.ca

016 new Condo Guide february 1 - 15, 2014

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

DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM $403,990 Sales Centre located at 256 Queen St. W.416-495-3549

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

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

SCARBOROUGH | ENCORE | MOVE IN READY | FROM $236,990 Appointment OnlyOnly 1 Suite Remaining416-495-3544

ETOBICOKE WATERFRONT | RIVA DEL LAGO | COMING THIS SPRING | FROM MID $300’sSales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

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MONARCHGROUP.NETPrices, specifications and promotions are subject to change without notice. E.&O.E.

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MARKHAM | GARDEN COURT | UNDER CONSTRUCTION | FROM $394,990 Appointment Only416-495-3595

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

DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM $403,990 Sales Centre located at 256 Queen St. W.416-495-3549

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

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

SCARBOROUGH | ENCORE | MOVE IN READY | FROM $236,990 Appointment OnlyOnly 1 Suite Remaining416-495-3544

ETOBICOKE WATERFRONT | RIVA DEL LAGO | COMING THIS SPRING | FROM MID $300’sSales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

Tax credits to ease the pain of this big-ticket purchase

hot topic

tax tips for the homebuyer

buying a home is a big investment and a financial commitment – especially as a first-time homebuyer.

Many first-time homebuyers are generally recovering from the first year of moving into their dream home, and all the associated fees, unanticipated closing costs and expenses to maintain the home.

There are a couple of tax credits that homeowners should be aware of when filing their 2013 tax returns.

the home buyers’ plan (HBP) is a program that allows you to withdraw up to $25,000 from your Registered Retirement Savings Plan (RRSP) to buy a qualifying home for yourself or for a related person with a disability.

RRSPs aren’t just for retirement anymore. This plan lets first-time homebuyers access their retirement savings tax-free, to increase their down payment and decrease their mortgage amount – and interest paid.

The HBP withdrawal limit is $25,000 – tax-free – for each you and your spouse, for a combined total of up to $50,000 toward your down payment or other home-purchase related costs.

In order to take advantage of this plan, your RRSP contributions must remain in the RRSP for at least 90 days before you can withdraw them under the HBP. Generally, you will be required to repay all the withdrawals to your RRSPs within a period 15 years to avoid paying tax on that sum. You will have to repay an amount to your RRSP each year until your HBP balance is zero. If you do not repay the amount due for a year, that amount will have to be included in your income for that year, and you will be taxed.

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 from your Registered Retirement Savings Plan (RRSP) to buy a qualifying home for yourself or for a related person with a disability

february 1 - 15, 2014 new condo guide 017

The federal government introduced the HBTC to give Canadians some much-needed tax relief.

As part of the Government of Canada’s $62-billion economic stimulus announced in the Economic Action Plan, first-time homebuyers can get this non-refundable tax credit to help offset legal fees, disbursements and land transfer taxes.

People with disabilities who move to a more accessible home may also qualify for the tax credit.

The HBTC makes it a little easier to make one of the largest purchases of our lives – a new home.

For more information and tax tips, visit online at cra-arc.gc.ca.

why the home buyers’ tax credit is good for canada

the homebuyer’s tax credit (HBTC) is a federal tax credit of up to $750 is available to qualified first-time homebuyers or homeowners who have not owned a home in the previous four years. This tax credit was introduced in 2009 to ease the burden of closing costs for first-time buyers.

Do you qualify for the HBTC?» Neither you, your spouse or common-law

partner may have lived in a house that either of you owned in the year of purchase or any of the four preceding years.

» If you are a person with a disability or are buying a house for a relative with a disability, you don’t have to be a first-time homebuyer to qualify. However, the home must be purchased to allow the person with a disability to live in a more accessible dwelling or in an environment better suited to their needs and care.

» A qualifying home is a housing unit located in Canada that already exists or is being built.

» A share in a co-operative housing corporation that entitles you to possess, and that gives you an equity interest in a housing unit located in Canada, also qualifies. However, a share that only provides you with a right to tenancy in the housing unit does not qualify.

The HBTC is a federal tax credit available to qualified first-time homebuyers or homeowners who have not owned a home in the previous four years

018 new condo guide february 1 - 15, 2014

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cover story

Move in today to

WEST VILLAGE TAkE A Tour of TrIdEL’S

WEST VILLAGE And ExpErIEncE ThE BEST

of ThE WEST End

construction of the first phase

of West Village is now complete and the doors are open at Tridel’s highly anticipated new Etobicoke condominium.

With occupancies underway, potential residents have the opportunity to tour and experience firsthand the soaring two-storey lobby, the outstanding amenities and the designer-decorated model suites at West Village.

“West Village truly is Etobicoke living at its best,” says Jim Ritchie, Tridel’s senior vice-president of sales and marketing. “We encourage everyone to drop by our presentation centre and tour the building, along with our four new model suites.”

Ideally situated for today’s urban villager, West Village’s Eva Road location, near Hwy. 427, makes it an easy commute by car or transit to downtown Toronto, and it puts residents just minutes away from Pearson International Airport.

West Village Tower 1, standing at 28-stories tall, features a wide range of floor plans – from 565 to 991 sq. ft. – available in one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den configurations. Prices start at $290,000.

Impeccably designed suites offer eight- or nine-ft. ceiling heights, premium plank laminate floor throughout foyer, living and dining areas along with plush broadloom in bedrooms and a high-speed wiring connection point. Well-designed kitchens feature stainless steel finish appliances, stone countertops and ceramic tile backsplash, while the bathrooms boast deep soaker tubs.

020 new condo Guide february 1 - 15, 2014 february 1 - 15, 2014 new condo Guide 021

Residents will also enjoy recreational amenities that feature a party room complete with entertainment bar and kitchen, a theatre, and a boutique fitness facility that includes state-of-the-art cardio and weight equipment, an indoor swimming pool, whirlpool and sauna.

“West Village is a community that offers an elegant design, remarkable features, finishes and amenities, and a commitment to energy efficiency,” says Ritchie.

“Yet, its greatest asset may just be its prime Etobicoke location.”

As a community within a community, West Village is surrounded by some of the best that Etobicoke has to offer: Centennial Park, Stadium and Golf Centre, Sherway Gardens and Etobicoke Civic Centre. Local restaurants and boutiques are nearby, and the development is set amid parks, ravines and nearby green spaces.

With its mix of smart design, well-appointed suites, outstanding amenities, beautifully landscaped grounds, and its proximity to shopping and recreational facilities, West Village is well situated to take advantage of everything Etobicoke has to offer.

To tour the model suites and amenities, or for more information about West Village, visit the presentation centre at 6 Eva Rd., suite 201, open Monday to Thursday from 11 a.m. to 7 p.m., and on Saturday, Sunday and holidays from noon to 6 p.m. Call 416.620.1887 or visit tridel.com for more details.

“ West Village is a community that offers an elegant design, remarkable features, finishes and amenities, and a commitment to energy efficiency.” Jim Ritchie


Homebuyers’ Help

10 tips for new-condo buyersbuying a Home is tHe biggest purchase most of us will make so it is vital to do your homework to ensure your new home fits your lifestyle and meets your expectations.

An important part of this preparation process is to learn more about all the benefits and resources available through Tarion Warranty Corp., a private company established in 1976 to provide protection

for all consumers who purchase a new home or condominium in Ontario. Tarion does this by licensing and regulating Ontario’s home builders and managing a guarantee fund to ensure that consumers receive the new-home warranty coverage they are entitled to.

Tarion has provided the following tips to help guide new-home buyers through the purchasing process:

continued on page 24…

Read up on local real estate for information about what’s coming up. (Editor’s note: New Condo Guide is the best source for new and coming condo projects around the GTA.) Visit builders’ websites, tour the models, and take photos!

Call 1.877.9TARION or visit tarion.com for information on registered home builders in Ontario, including their customer service record with Tarion. When you find a builder you like, talk to them about previous developments, and go straight to the source by asking current homeowners questions about their homes and neighbourhoods.

Meet with a financial representative to determine a mortgage amount that you can comfortably afford. This ensures that you spend your time wisely on homes within your price range. You should also consider getting a pre-approved mortgage.

Understanding Warranty Coverage is an online seminar designed to help you understand your statutory warranty coverage and the process for addressing warranty-related matters. View it at your convenience and quickly move through the presentation to topics that interest you most. Visit the Tarion website for details.

1

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a home style that meets your lifestyle

research your builder

determine what you can afford

View tarion’s online education seminars


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Homebuyers’ Help continued…

It’s important that you meet with a real estate or condominium lawyer before signing an Agreement of Purchase and Sale to make sure you understand exactly what is and is not included in the price of your new home.

Be prepared for the pre-delivery inspection (PDI). It’s your chance to do a thorough inspection of your new home to identify any items that are incomplete, damaged, missing or not operating properly, and have them taken care of before you move in. This is also a prime opportunity to ensure that everything has been built according to your Agreement of Purchase and Sale.

It’s important to remember that ongoing maintenance helps to ensure that your statutory warranty is protected. So, after you’ve moved in, follow an annual maintenance routine and help keep your new home in top shape.

Take the time to review Tarion’s Homeowner Information Package, which your builder will give to you before or during the pre-delivery inspection for your new home. This brochure, available at tarion.com, explains your new home’s statutory warranty, and the responsibilities of you and your builder.

Familiarize yourself with the statutory warranty by visiting tarion.com. You’ll find out more about what is and what isn’t covered by the warranty, as well as time lines and procedures to follow should a warranty-related issue need attention. You can also register for MyHome, a web-based service that will allow you to manage your warranty online.

You’ve done a lot of research, decision-making and waiting by the time you reach this point. Now it’s time to enjoy all the wonderful things your new home has to offer. Tarion has a wealth of resources available for new-home buyers at tarion.com. nc

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talk with a real estate lawyer

the pre-delivery inspection

maintain your home through the seasons

read the Homeowner information package

become familiar with the warranty

enjoy all your new home has to offer!


HOMEOWNERSHIP AT YOUR FINGERTIPS

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fOR A LIMITED TIME

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

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Designer ADvice

inhAbiting A smAll spAce doesn’t have to mean living light on character. To keep your home in the sky feeling like a home of your own, here are a few ways to inject a little edge.

Dining› A single accent wall can be all you need (especially in a compact

space) to dramatically change the look, even with wall coverings. Bouclair Home recently added a line of affordable wallpapers in many modern prints for a high-end look at under $30 a roll.

› A custom integrated table makes a strong statement while saving space by meeting a wall. Pairing it with transparent chairs (a trendy choice) lets the architectural shape stand out.

› For big impact from just a little paint, coat your interior doors in a dark gray to add sophisticated interest. I like using Benjamin Moore’s #2121-10 Gray.

› Carpet tiles can be laid in virtually any sized area, either wall-to-wall or as an area rug, and when an inevitable spill takes out a tile or two, they can be easily replaced without

photo by Stacey brandford

Energize

// by yAnic simArD

your highrise

continueD on pAge 28…

026 new conDo guiDe february 1 - 15, 2014

heavy re-investment. The “Hide & Batik” series from FLOR continues to dazzle in my design studio, but I also love their Jitterbug Memories for a modern, playful take on a classic chevron.

› Consider using an arcing floor lamp over a dining table for the hip retro-modern look, but they’re also very practical if you want the effect of a pendant lamp without the electrical work (or long-term commitment).

Kitchen› Remove the doors on a cupboard (try the under-used cabinet over

the fridge if you have limited space) and create a miniature gallery for photos, books and sculptural art. You’ll need less storage anyway once you invest in some warm-hued copper cookware and display it proudly on an open shelf or hanging rack – mixing metals is a hot trend so now is the perfect time.

› The knobs and pulls in your kitchen are an oft-overlooked detail that can be easily switched up to add a dash of personality.

› Having your upper and lower cabinets painted two different colours lends variety and a high-end, European look. Try painting the uppers a

lighter shade to open the space, or the lowers a bold hue (such as a raspberry red) to add flavour without overwhelming.

› In an open-plan space with wallpaper, here’s how I keep the look consistent from kitchen to dining area: use a single wallpaper in both, and even as the backsplash. Just have a sheet of glass laid over the paper in the kitchen to create a durable surface.

remove the doors on a cupboard (try the under-used cabinet over the fridge if you have limited space) and create a miniature gallery for photos, books and sculptural art

continueD on pAge 30…

Designer ADvice continueD…


bAthroom› Visitors will always be impressed by a beautiful

bathroom, especially when they find something other than the everyday builder’s standard. Consider upgrading your sink to add a huge punch of colour or texture. Check out Roman Bath Centre for a bright blue porcelain piece, or their sexy black-lace transparent vessel, for some inspiration.

› Painting the ceiling a bold colour in a small powder room adds drama without bringing in the already tight walls. In fact, in a high ceiling condo, this can actually make the space feel more proportionate. I recently used Benjamin Moore’s #2054-20 Beau Green for a project and it turned out beautifully.

› Replacing a plain mirror with one sporting an intricate frame or modern etched detail adds visual interest in the place you’re already looking the most often. You can even layer a smaller mirror over a large one to get the best of both.

› If you have the room, a small piece of unexpected furniture can make your bathroom feel less utilitarian and more like a private spa – a garden stool gives a place to perch a book while soaking in the tub, and a floor lamp (wired safely) adds an extra layer of light and a decorative detail your guests won’t expect.

living› Gallery-style art collections are very trendy right

now, with people embracing the variety and easy elegance of a mismatched collection. Gather your framed pieces, replace any of the frames that stick out too much with minimal black, white or wood options (or paint them out) and hang them one by one from the centre of the wall outward (starting at eye level) until none are left or the composition feels complete.

› Replacing the legs or feet on your furniture, or simply remove the existing pieces and painting them a bright shade, adds a custom detail in an unexpected place.

› Freestanding lamps aren’t the only easy option for improved lighting – plug-in sconces install quickly and typically come with covers that mask the wires trailing down (no need to open the drywall). For a modern industrial vibe consider leaving the wire exposed and painting it red or another high-contrast colour.

› Combine your book shelf and side table by simply stacking the biggest books right on the floor. Pile them to about 18 in. next to your favourite reading chair, and top it with a transparent tea-tray for a modern, space-saving look that’s 100 per cent unique to you.

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

Designer ADvice continueD…


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A strAtegic review of the GTA’s 2013 new-home market conducted by RealNet Canada Inc. and the Building Industry and Land Development Association (BILD) reveals near 10-year low levels of new home supply and sales

and a near-record high price gap between lowrise and highrise homes, but monthly sales results that suggest a market in the early stages of recovery.

“In a market where the supply of new homes must precede sales, a lack of product, obviously, results in a lack of sales,” says George Carras, president of RealNet Canada Inc. “Simply put, you can’t sell what you don’t have. Our study of the 2013 housing market proved lower supply in the highrise sector due to greater developer discipline, and declines in lowrise supply caused by structural restrictions imposed on the market by government intensification policies.”

Among the 2013 figures released in the Strategic Review, RealNet confirmed that 2013 saw the second-lowest number of total sales for the decade, at 28,406. This sales total, which reflects 16,201 highrise units sold and 12,205 lowrise sales, was down 23 per cent from the 10-year industry average, and down 13 per cent year over year.

The near-record low number of sales in 2013 was driven by a dramatic slowdown in the number of units introduced to the market. The year saw only 30,054 new units (12,256 lowrise and 17,798 highrise) brought to market, a 22-per-cent reduction year over year, and the second-lowest level of new supply in the last 10 years.

“The GTA remains challenged by constrained land supply and an outdated development approvals process which delays the introduction of new inventory into the market,” says Bryan Tuckey, president and CEO of BILD. “Sales of new homes today will define the jobs of tomorrow, and now is the time for the industry, consumers and government to watch the market, and watch it carefully.”

in the news

AnAlysis of 2013 new-home mArket reveAls low supply, high price gAp And A roAd to recovery

“Our analysis of the 2013 housing market data suggests growing

evidence that a recovery is underway,” says Carras. The

company’s Strategic Review shows monthly sales data collected for the total new-home sales in December

pointed to a fifth consecutive month of improved year-over-year results.

“New home sales in December 2013 totaled 1,711, up 79 per cent from the

previous year,” adds Carras. continued on pAge 33…


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Among the conditions identified in the report, 2013 sales totals show that more than half, or 57 per cent, of all new-home sales in the GTA were highrise, however the total number of highrise units sold was down 13 per cent from 2012, and off 11 per cent from the 10-year average. The 2013 condominium sector also saw average unit sizes reduced by one per cent, to 796 sq. ft., and average unit prices climb by 1.1 per cent to $548 per sq. ft.

The 12,205 lowrise homes sold in 2013 represented the second-lowest total in the last decade, with just two sales more than was recorded in the industry’s nadir of 2008, and 12 per cent from 2012.

Last year’s lowrise sales figures were down 34 per cent from the 10-year average.

The 2013 Strategic Review also confirmed the widening gap between lowrise and highrise pricing, a worrisome trend first identified by RealNet and BILD last year.

Prior to 2011, the average gap in prices between single-family and multi-unit housing was $75,806. In 2013 the price gap grew to a record $226,016 in September and ended the year at $217,583, a condition Carras calls “extreme.”

“This price gap between highrise and lowrise housing is continuing to grow, a market condition that is the result of intensification policies in action,” says Carras. The Strategic Review’s pricing data analysis shows that the Lowrise Price Index was $654,147, up nearly 3.5 per cent from last year, while the Highrise Price Index only climbed by 0.1 per cent year over year, to $436,564.

“In today’s market, prices for the types of homes we are building less of (lowrise) are rising, while prices for the more prevalent housing type (highrise) remains flat,” says Carras. “The numbers demonstrate that highrise development has become the market’s last, best hope for new-home affordability in the GTA.”

Tuckey adds that there are other factors impacting the industry’s ability to deliver homes that people can afford, noting that, “BILD and the Ontario Home Builders’ Association made a submission to the Ontario government advocating for a land-use planning system as well as the development charges system that provides an opportunity to consider streamlining

improvements and ensure that municipalities are implementing provincial policy, while enhancing accountability and transparency.”

While 2013 proved to be a challenging year with forces contributing to low inventory levels, price increases and fewer product launches, the RealNet Strategic Review does show some positive signs for the sector’s near future.

“Our analysis of the 2013 housing market data suggests growing evidence that a recovery is underway,” says Carras.

The company’s Strategic Review shows monthly sales data collected for the total new-home sales in December pointed to a fifth consecutive month of improved year-over-year results. “New home sales in December 2013 totaled 1,711, up 79 per cent from the previous year,” adds Carras.

“ In today’s market, prices for the types of homes we are building less of (lowrise) are rising, while prices for the more prevalent housing type (highrise) remains flat,” says Carras. “The numbers demonstrate that highrise development has become the market’s last, best hope for new-home affordability in the GTA.”

Pb new condo guide february 1 - 15, 2014 february 1 - 15, 2014 new condo guide 033

// By henry choo chong

QLast year, my wife and I welcomed her elderly

parents into our home. They lived in north Simcoe and we are in Richmond Hill. They loved their home; unfortunately they can no longer maintain it on their own. We can financially and physically help them in their senior years. Can we deduct the money we give them for living expenses? Where and how on our tax return? Ron and Beth, Richmond Hill

AThe baby boomer generation may have to put personal indulgence on hold for several years, with the financial responsibility of not

just university kids but aging parents, too. Our generation (myself included) are blessed with having the people closest to us at home – children and parents.

Unfortunately, neither Mr. Harper nor Ms. Wynne provide a deduction for your financial assistance. However, they do provide a “caregiver” tax credit, which offers a bit of a break on your 2013 taxes owed. You should note: parents must be at least 65 years old and mentally or physically dependant on adult children.

QMy kids attend pre-school and elementary private institutions. The cost is astronomical but my wife and I believe it is best for

them. How much of the tuition may I deduct, and how? Wong, Toronto

A Generally, private school tuition is not tax deductible. An attempt was made several years past to deduct private school tuition; however

it was politically unpopular and was reversed the following year. Fees to education institutions may be deductible as childcare and

claimed by the lower income spouse. A receipt must be provided by the school for the portion of the fees that are considered “childcare.” Additionally, depending if there is some religious affiliation, part of the fees may be allocated as a charitable donation. Again, the institution must provide a receipt and qualify for charitable status.

Q I recently sold a condo investment property. How much income tax will I pay? I calculated that I earned approximately $80,000.

Karim, Mississauga

A Generally, real estate that is sold for more than its cost may result in a capital gain for the individual. Fifty per cent of the gain must be

included in your income tax return in the year of sale. Using your figures and assuming you have other income, such as from

employment, we can use a 40-per-cent tax rate. Therefore, the $80,000 capital gain is reported. Forty thousand (50 per cent of the gain) must be included in income. This is taxed at 40 per cent. Your tax obligation on the gain is $16,000 ($40,000 x 40 per cent) to Canada Revenue Agency.

Consult your accountant/tax adviser before committing to pay any income taxes.

deductions,deductions

tAxing issues

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

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

Please consult a tax professional for advice specific to your

particular situation.

Henry Choo Chong is a certified general accountant. He sits on many committees and provides accounting and tax services

to individuals and businesses in the GTA. Call 416.485.5225 or email

[email protected]


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pre-construction condo. Condos bought this year will complete between 2017 to 2019 – after the current construction boom is over and demand for rentals and resales will once again outstrip supply.

3. Leverage of time Again, you can buy in 2014, at 2011 pricing, for a project that will not be completed until 2018 or 2019. So you have seven to eight years of potential price and rent appreciation in only four to five years of actual time. This is a huge reason to buy a condo in 2014. Let’s run some basic math to show you an example.

Let’s say that the condo market averages a conservative four per cent increase in average prices each year. In other words, the prices in 2019 will be 32 per cent higher than the prices in 2011.

So, if you buy a condo today for $300,000, in 2019 it would be worth 32 per cent more, or $96,000 in price appreciation.

Original deposits of $60,000 (20 per cent) means that you will have an appreciation on your investment of 160 per cent, or 32 per cent per year Not too bad!

pre-construction condo investor

investor advice // by andrew La fLeur

I strongly believe that 2014 will be the best time to invest in a pre-construction condo in Toronto

since the recession in 2009. Here are three key reasons why:

1. developers finally got the memo – the balance of power has shifted We are in a buyer’s market right now. This has not been the case since 2008/2009 during the recession. Developers know that they have to work extra hard to get your attention as a buyer, and so many are acting accordingly with amazing pricing and incentives that once again have made pre-construction condo investing hot.

In 2012 when the market started to slow down, developers were still living in the realities of the past, trying to force sales of overpriced

Why 2014 will be the

year for the

If you buy a condo today for $300,000, in 2019 it would be worth 32 per cent more, or $96,000 in price appreciation

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

expertise is in helping investors make money in the Toronto Condo Market.

Visit TrueCondos.com/NewCondoGuide for a free gift.

Contact Andrew at 416.371.2333 or [email protected]

condos. In early 2013, a few developers started launching new projects at 2011 prices, which performed really well. By late 2013, I would say just about every developer in town figured out that the market was just fine and sales were great – as long as you had great prices to offer your investors!

There are several projects in the pipeline for 2014 that will be priced much lower than resale.

Ultimately, I believe it’s about respect – respect for the condo investor and their role in building this great city, and making all these condo towers a success for the developer and their stake holders. It’s in the developer’s best interest to give the condo investor a strong and compelling reason to tie up their money for four to five years – and I’m happy to say that many great developers have got the message and are going to rock in 2014 as a result.

2. fewer sales mean fewer completions and future shortages We need around 40,000 new homes in the GTA every year to keep up with population growth. In 2013 we only sold about 28,000. In 2014 and 2015 I’m projecting we will probably also sell between 28,000 and 30,000.

The current crop of new condos from the boom of 2010- 2012 will all be completed over the next three years. Based on the low number of sales in 2012 onwards, we will be facing a shortage of new condos in Toronto in 2017. Which makes 2014 the perfect time to buy a


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

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condo living

dAniElS’ URBAn AgRicUlTURE commitment continues to grow

within the Canadian building industry, The Daniels Corporation is

leading the urban food revolution through trailblazing initiatives that incorporate urban agriculture opportunities such as gardening plots, greenhouses, edible landscaping and gardening programs into their new home communities across the Greater Toronto Area – and is inspiring other developers to do the same. Gardening invites green-thumbs to come together, establish a deeper sense of community, and help residents feel connected to the earth in an interactive way.

In 2009, Daniels first introduced urban agriculture with their community gardening plots at OneCole Condominiums in Toronto’s Regent Park. Proving to be a success, they have since taken

this concept to NY2 Condominiums at NY Towers in North York with the incorporation of gardening plots and an edible landscape where residents can enjoy apple trees, Echinacea plants and much more. HighPark Condominiums in Toronto also showcases Daniels’ commitment to an environmentally sustainable and healthy lifestyle with an array of community gardening plots that will be located on the second-floor gardening terrace.

Moving west to Mississauga, Daniels was the first to introduce community gardening into condominium landscaping by designing a unique interwoven labyrinth of gardening plots for residents to enjoy at Limelight Condominiums. Recently, Daniels welcomed community gardening and a greenhouse to FirstHome Hazelton Place in Erin Mills. Centrally located within the community, and incorporated into the landscaping, the gardening plots have proven to be a great success with new homeowners of this neighbourhood.

Where gardening plots aren’t feasible for every community, Daniels is constantly coming up with innovative solutions to expand their urban agriculture initiatives. At OnePark West Boutique Condominiums and Townhomes in Regent Park, Daniels collaborated with the Dixon Hall Mill Centre (dixonhall.org ), a non-profit agency that teaches at-risk youth carpentry skills, to create balcony planter boxes for the residents.

Providing not only unique gardening platforms in their communities, Daniels provides urban gardening workshops and seminars to ensure that residents maximize the opportunity to grow herbs, vegetables and

picTUREd The Backyard Farm & Market at Erin Mills

040 nEw condo gUidE FEBruary 1 - 15, 2014 FEBruary 1 - 15, 2014 nEw condo gUidE 041

flowers – and the response has been phenomenal. Daniels has partnered with Ontario urban agriculture specialists to teach, develop and implement plans to assist residents in using their gardening plots efficiently. At the well-attended sessions, residents receive the tools to start and maintain successful gardens that will thrive.

Daniels and Toronto Community Housing, partners in the 69-acre Regent Park revitalization, have come together to create a Food Partnership within Regent Park with community organizations and FoodShare Toronto. The Regent Park Food Partnership will increase residents’ access to local, fresh food in addition to hands-on educational programs through a greenhouse, community oven and community gardens in the community’s new six-acre park.

In the summer of 2013, Daniels also launched two highly successful farmers’ markets: The Regent Park Farmers’ Market, which brought together small-plot growers and artisan-food purveyors with local farmers to offer residents and visitors the best summer produce, baked goods, spices, cheeses, flowers and more. The Regent Park Farmers’ Market also helped nurture the community by providing new business opportunities for local residents. It was also the site of musical performances and artistic activities.

In Erin Mills, Daniels launched The Backyard Farm & Market located on the site of their upcoming master-planned community at Erin Mills Parkway and Eglinton Avenue West. The Backyard Farm & Market featured meats, eggs, cheeses and baked goods from local and sustainable farmers and artisanal producers, plus kids’ educational programs, therapeutic garden mazes, waste-free kitchen demonstrations and musical performances.

And, Daniels urban agriculture commitment keeps growing as the company is also collaborating with Highmark Farms to operate Winter Box Programs at their presentation centres located at Daniels Erin Mills in Mississauga and Regent Park in Toronto’s Downtown East. The Winter Box Program consists of baskets containing chemical-free, locally grown veggies and additional goods filled with six to 16 items weekly – it’s a healthy and smart way for customers to pick up fresh produce, breads, meat pies and other items to stock their pantries. For more information on the Winter Box Program email [email protected].

The Daniels Corporation is one of Canada’s preeminent builders/developers, building more than 24,000 new home communities across the Greater Toronto Area for over 31 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and is the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park

– 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. In 2012, the company was invited to participate in Ryerson University’s Urban Agriculture Summit.

Including urban agriculture opportunities in community designs is a natural offshoot of the Daniels motto, “Love Where You Live.” Visit danielshomes.ca.

In 2009, DanIels fIrst IntroDuceD urban agrIculture wIth theIr communIty garDenIng plots at onecole conDomInIums In toronto’s regent park

picTUREd residents gardening at Paintbox Condominiums in regent Park

040 nEw condo gUidE FEBruary 1 - 15, 2014 FEBruary 1 - 15, 2014 nEw condo gUidE 041

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condo pro // by barbara lawlor

Buying a new home is one of the most exciting steps you can take in your life. It’s

also one of the biggest financial investments you will ever make, so choosing wisely is important.

There’s so much to consider, from location right down to your kitchen counters, and of course, there are many condominiums on the market offering phenomenal choices.

A great way to narrow down your search is to make a list – or in the case of savvy computer users, a

spreadsheet – that includes the items you really have to have, and those that would be nice, but are negotiable. Then, compare apples and apples to get the most for your condominium dollar!

Start with the big picture. Where do you want to live? Under your “location” column, note how far buildings are from your work, your family and the places you go regularly, such as sports venues, club meeting halls, places of worship, etc. Keep in mind that the distance from point A to point B on a map is only part of the picture. It’s a good idea to actually do the drive to these spots and find out how much time it takes with road twists and turns, traffic and the like. If the condo is close to public transportation, you will save a lot of money on gas mileage and wear and tear on your vehicle – and maybe you don’t need to own a car at all.

Keep an open mind, too. Buying in an established area is great, but it can also be wise to consider purchasing in an up-and-coming area where real estate values are likely to rise as the neighbourhood becomes more established – it’s a great way to gain equity.

You’ll also want to consider the exterior of the condominiums you look at. Are they part of a master-planned community that encompasses parks, landscaping, courtyards and retail venues? Or are you looking for something on the lake? Does the exterior architecture appeal to you? Figure out a rating system and jot notes on your list accordingly.

Don’t forget about the amenities. Today’s common areas are uncommonly beautiful, and you should think of them as an extension of your living space. Your list could include a pool, fitness room, party room, games room, guest suite, theatre room, rooftop garden, virtual golf and any other amenity you come across. Having these spaces in the building enables you to entertain a crowd, barbecue or play pool with friends, hold a Grey Cup party for the gang and host overnight visitors, regardless of how compact your suite may be. Remember that even if you think you may not use a specific amenity, these can all add to the resale value of your suite if and when you move in the future.

Next on your list should be features and finishes, and here’s where you need to watch comparing apples and oranges. Your brochure package should have a Schedule A of appointments. Study it carefully. For example, most condos offer hardwood in the main living area, granite kitchen countertops and stainless steel appliances with the purchase price. Those that don’t may carry a lower price tag, but if these items are on your must-have list, then you’ll have to pay to upgrade.

Nowadays you’ll find incentives galore. Again, look at the big picture. Receiving free upgrades with your purchase price may be just the thing that tips the scale toward one condo over another.

Remember, every piece of real estate you buy is an investment, whether you live in it or not. When you shop, compare fairly, and the best way to do that is to make a list, and check it twice. You’re sure to end up with something nice!

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 sales of condominium developments in

the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

Make a list and check it twice

If you have a taste for the modern, you will probably be happiest coming home to a sleek condo with clean lines.


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Waterfront Living from $316,000

Rising dramatically above Canada’s most iconicintersection, One Bloor is poised to become Toronto’sfi rst truly global address. And not surprisingly, given both the location and the attention paid to everydesign detail, as of today only 43 of One Bloor’soriginal 789 suites remain. It’s an opportunityunmatched by any other in the city.

legally speaking // by jayson schwarz

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

the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email

[email protected] and send your questions, concerns,

critiques and quandaries.

Before you go new-home shopping, visit your bank, trust company or other

financial institution to see what amount of mortgage you qualify for. Take your significant other, if you have one, because everyone’s income and assets help. Once you know how much you can borrow, secure the best rate you can and lock it in for as long a period as possible. Don’t be afraid to negotiate – the banks want and need your business. Shop around for rates and lock-in periods.

You should also visit the condo sales centre armed with your knowledge and check what mortgage rate and term the builder is offering. Take note that the builder may have brought the rate down to make his package more attractive or forced his bank

as part of his deal with them to offer special rates. Remember, if your bank’s offered rate and terms are close, you may be able to negotiate a better deal with the builder. If you do not take the builder mortgage you may be able to get some leverage in your overall negotiations as the builder may save money by not having to pay his bank for the better rate. Question this and make sure you understand all of the financing details. Regardless of where you go to get financing, get your commitment in writing!

When we walk into that sales centre, all ready to buy our beautiful new home, perhaps the most important piece of the puzzle we need to have is security in our financial arrangements. A tragedy waiting to happen occurs when you sign an unconditional offer, give your hard-earned, harder-saved deposit to the builder and later find out you do not qualify for the mortgage. In other words, don’t buy the home unless you have a mortgage commitment or a conditional deal. This leads us into the next part of the discussion – what happens if your financing goes wrong?

An Agreement of Purchase and Sale for the purchase of land is a contract, and once it is signed it binds both parties to certain obligations. If either party does not hold up to their end of the arrangement, they can be held liable to the other party for either specific performance or damages. Firstly, if the purchasers default, they will likely lose their deposit. The builder will then have the option of suing to force them to close the deal and pay all legal fees related thereto, or sue them for any damages the builder might suffer before he resells the condo (for items such as interest, changes and price differential) and legal fees. Sometimes, in a booming market, kindhearted builders will release purchasers who have made a mistake or encountered personal tragedies. But don’t count on it!

The moral of the story is to make sure you have financing or that the offer is conditional for a few days on both financing and review by a lawyer. It is critical you get the right advice, and only a lawyer can provide legal advice – that is the law. When you select a lawyer, find one who cares about you and a long-term relationship.

Financing: What happens if it goes wrong?

Before you go new-home shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for

february 1 - 15, 2014 new condo guide 045

In The news

Highrise in North America:

ToronTo conTInues To lead goIng InTo 2014ToronTo remaIns norTh amerIca’s hIghrIse boomTown goIng InTo 2014. With its impressive total of 130 projects, the city heads a ranking compiled by Emporis (emporis.com), the international provider of building data, of the North American cities with the most skyscrapers and highrises currently under construction. New York City, the “real” centre of North American highrise architecture, only appears in second place with 91 buildings. Montreal then follows some distance behind, with 25 highrises.

Even if the gaps between the top three cities are substantial, New York has in fact been making up ground: Since 2012, the city has recorded a growth in highrise construction projects of 26 per cent, while Toronto’s numbers have receded slightly. While 2012 saw over twice as many highrises under construction in Toronto than in the “Big Apple,” the gap is now only just under a third – and the trend seems to be continuing.

“On the basis of current developments, we assume that New York will catch up with Toronto as early as 2015,” says Matthew Keutenius, senior data analyst at Emporis.

There is one aspect, however, that is common to all the cities in the ranking (with the exception of Houston): The majority of the highrises under construction are residential buildings. In Toronto, Burnaby and Markham, the proportion is 92 per cent, and it is at least 65 per cent in the others. It is notable, too, that current residential highrise construction in Canada comprises almost exclusively condominiums, while in the U.S. it includes a relatively large proportion of rental apartments. By way of

example, in Chicago, 80 per cent of the residential highrises currently under construction are to contain rentals. The sole exceptions to the U.S. trend are the cities of Miami and New York, where the residential towers currently underway will offer condominium ownership in 69 and 54 per cent of cases respectively.

Despite Toronto’s significant growth in terms of highrises, set to become clearly noticeable on the city’s skyline in the coming years, New York remains the city with the most completed highrises in North America. As of today, 6,069 of these structures reach for the sky above the “Big Apple” – three times as many as in Toronto.

In compiling the ranking, both highrises and skyscrapers were considered. Emporis defines the former as multi-story buildings of at least 35 metres in height, or of 12 to 39 floors if the height is not known. Highrises of 100 metres or more, or that have at least 40 stories, are categorized as skyscrapers.

abouT emporIs

Emporis is a leading database of information about building and construction projects, based in Germany. For over a decade Emporis has helped companies, organizations and individuals stay informed about the building industry.

skyscrapers and hIghrIses currenTly under consTrucTIon by cITy

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046 new condo guIde february 1 - 15, 2014

money matters

With tax season just around the corner, you may be thinking about your RRSP

contribution. There was a time when the only thing an RRSP was used for was saving for retirement, but this is no longer the case.

These days, you can use your RRSP as a savings plan for a down payment on a home, among other things. It’s fair to say that the RRSP has become Canadians’ favourite savings account.

The problem with RRSPs being all things to all people is that its wider scope, its greater flexibility, its move from a hands-off-don’t-ever-touch-this-money retirement plan to a you-can-use-it-whenever-you-can-justify-it savings account is that the process of identifying your investment strategy has become more complex. Most people say they don’t have enough money to maximize their RRSP and set aside

// By Gail Vaz-oxlade

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

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

Twitter.com/GailVazOxlade

a non-registered emergency fund, which explains the overlap between retirement savings and other types of savings that take place within an RRSP.

The first question to ask yourself when choosing investments for your RRSP is, “When am I going to use this money?” If you’re using a portion of your RRSP savings as your emergency fund, then keep that portion of the RRSP assets fairly liquid so you can access the money in an emergency. If you’re tapping into your RRSP to buy a home, you’ve got a short- to medium-term investment horizon and must choose investments that suit. So you’ll have to forgo equities in favour of a more-conservative investment portfolio. Since you don’t have the time to wait out the bumps in the road that are part of the equity-investment experience, you have to settle for less return.

Being clear on how you plan to use your RRSP dollars is especially important when those dollars are being contributed to a spousal plan or the contributing spouse could find money withdrawn from that plan taxed in his or her hands. The rules for withdrawals from a spousal RRSP state that if money is taken from a spousal plan within three calendar years of a contribution, that money could be taxable at the hands of the original contributor, defeating the original income-averaging strategy.

Make spousal contributions by the end of the calendar year as opposed to in the first 60 days of the new year, since spousal contributions are measured on a calendar-year basis. If you delay your contribution, you’ll end up extending the withdrawal period by another calendar year.

Perhaps the toughest part about using your RRSP for myriad purposes is keeping track of which of your RRSP dollars is for what. Here, consolidation may work against you. Instead, consider opening a separate RRSP for each of your purposes and file your statements based on what you’re trying to accomplish. Separate accounts will not only help you stay focused on the purpose for which you are saving, it will allow you to keep your time horizon in perspective.

While the money in your RRSP is yours and you decide how to spend it, don’t sacrifice your long-term goals for short-term ones. It’s easy to get focused on a single objective to the exclusion of all others. To be balanced, look at what you want your savings to do for you long-term, medium-term and short-term. If you’re saving for a home, instead of putting this year’s total RRSP contribution into your “Home Ownership RRSP,” consider dividing it equally between home ownership and retirement. It will take a little longer to get into your dream home, but when you do, you won’t be behind in terms of retirement planning.

The first question to ask yourself when choosing investments for your RRSP is, “When am I going to use this money?”

rrsPs: They’re not just for retirement anymore


LIVE AT STUDIOBE DOWNTOWN

SUITES FROM THE$300’S

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

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“BILD’s timely communications regarding government issues and their seminars and networking opportunities result in our company getting 10 times more from our membership than the volunteer time we spend at BILD. We prefer to work with members so I always ask potential suppliers “are you a member of BILD?”

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Fieldgate Homes Builder / DeveloperMember Since 1960

I AM 052

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053

In The news

AvId skIers And snowboArders

look forward to this time of year, and Blue Mountain is an ideal destination for Southern Ontario residents wishing to frequent the slopes. For those seeking a value-packed resort-style condominium that will mean less road time in the future, Brandy Lane Homes can help achieve that dream.

Register now for the Winter Grand Opening of Wyldewood Cove – Brandy Lane’s newest Collingwood condominium community. Priced from just $169,990 with the vast majority under $250,000, these beautiful homes will be in Ontario’s ‘Ski and Golf Country.’

“Wyldewood Cove presents a rare opportunity for homebuyers to realize their dream of affordable four-season living right on Georgian Bay and only minutes to Blue Mountain,” says David Hirsh, president of Brandy Lane Homes.

Wyldewood Cove is cradled by a

15-acre nature preserve. On-site amenities include a shore-side trail with a Lighthouse Lookout waterfront pergola, winter skating rink, and year-round pool with change facilities.

Intimate manor-style buildings offer one-, one-plus den, two-, and three-bedroom layouts with sun-filled Great Rooms, a cosy gas fireplace, and open-concept areas perfect for entertaining. Gourmet kitchens are complete with stainless steel appliances and granite countertops.

Spectacular loft-style designs have a full bathroom on the upper level, so they are ideal for teens, guests, or as a master retreat. All homes have recreational equipment storage at the front door, and a spacious terrace with a gas-ready barbecue hook-up.

Since 1985, Brandy Lane Homes has specialized in unique, infill residential development projects, and has earned a reputation for challenging traditional condominium thinking and design. Building upon the success of Wyldewood, the company’s completed Collingwood trail-side community, Wyldewood Cove priced from $169,990 is sure to be another resounding success.

To learn more about Wyldewood Cove and register now for the Winter Grand Opening, visit wyldewoodcondos.ca or call toll free 1.888.445.9608.

wYLdewood cove offers affordable four-season living

PIcTUred

The Wyldewood Cove skating rink transforms into a landscape feature in summer

054 new condo GUIde february 1 - 15, 2014

WILSON AVE

TIPP

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

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

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

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

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

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Condo Guide7.5"x10.5"

057

make your move

Brides & grooms: Combining households

for the first time

Valentine’s Day is approaching, and love is in the air. But if you’re moving in together for

the first time, it can be stressful.These days, first-time brides and

grooms are older than ever before, according to recent census figures. The median age for men marrying for the first time is now 28 and it’s 26 for women – that’s 30 per cent older than in 1960.

Because today’s first marriages are occurring later in life – not to mention second or third marriages

– more often the modern dilemma is whose couch stays and tallying how many flat-screen TVs the couple has between them.

When couples married 40 years ago, they were barely into their 20s and often still living at home. The traditional wedding shower carried great value as it supplied newlyweds

// By ChuCk resniCk

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

Truck Canada. twomenandatruck.ca

with all the necessities married life required, including dishes, cookware and bedding.

For the “new couple” combining households for the first time, proper planning is key to starting off on the right foot in the early years of marriage.

here are some tips for ComBining households:

›› go through each house together, and identify which items are duplicates. Talk about each item honestly. If you can legitimately use two of something in your new life, such as televisions or stereos, go ahead and keep both, but don’t wait to have the discussion on moving day. ›› do the same evaluation for small items, such as silverware, as you do for the larger items. These smaller items can add up quickly, and often produce the most basement or attic clutter. ›› organize with boxes and coloured markers, and purchase a variety of box sizes before you begin, so you can appropriately tag and box those items that you’ll keep and those that you no longer need or want. ›› think about donating to those in need. If a garage sale isn’t of interest, consider donating to local churches or synagogues, homeless shelters or the Salvation Army.

Experts agree that couples can successfully blend two households if they take time on the front end to address the move. The key, as with all organizing projects, is proper planning.

060 new Condo guide february 1 - 15, 2014

Now releasing the city’s most sophisticated new residence. With oversized terraces,modern design and an unbeatable midtown St Clair West address, The Nest, Residencesof Hillcrest Village is the perfect place to land. Define your way to live surrounded by allthe conveniences at your door step including transit. FROM THE MID $200’S.

REGISTER FOR THE EARLY BIRD EVENT

Where luxury takes wing.

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TheNestCGfinalJan.final:Layout 1 14-01-25 9:39 AM Page 1


condo profile

Take flight and land at

The nesT, the newest residence

at Hillcrest Village

there’s a new migration in Toronto – to The Nest in Hillcrest Village, a nine-storey midrise that offers

unobstructed bird’s-eye views all around, especially to the city skyline from its perch, surrounded by quiet residential neighbourhoods.

The Nest sits proudly on the southwest corner of St. Clair Ave. West at Hendrick Ave., the newest component of the ever-changing, ever-evolving Hillcrest Village. Lush tree-lined streets, older homes and a close-knit community make this established neighbourhood feel like a small and vibrant village. It’s where residents can escape the bustle and

the stress of the city – without ever having to leave town. Friendly people, wonderful restaurants, excellent shopping, big green spaces and a hopping (but not intrusive) nightlife make this the neighbourhood Torontonians are re-discovering in flocks.

The Nest is big on style, thanks to the collaborative efforts of the award-winning design and development team of The Rockport Group, RAW Design architects, interior design firm II BY IV Design, and landscape architects Janet Rosenberg & Studio. The Rockport Group is in its 57th year as a developer with a long list of successful residential communities as it leads the way in the development of innovative infill urban communities.


“We pride ourselves on achieving a human scale in our projects,” explains Jack Winberg, Rockport’s president and CEO. “We’ve got third- and fourth-time purchasers buying from us. That’s because we contribute to the community when we build. We’re part of it all – shopping, parks, residences. With The Nest, we’re kick starting a resurgence to bring in new people who want to move here, to be a part of it all.”

Hillcrest Village is definitely part of it all, as home to trendy shops, boutiques, popular restaurants and cafés like The Rushton, The Stockyards and Chocoalatte. Wychwood Barns is the heart of this regenerated neighbourhood – a unique and treasured complex offering artist live/work space, conference and event space, public growing areas, as well as a covered street for markets and shows.

Hillcrest Village is nestled among Toronto’s most noteworthy

neighbourhoods – the Annex and Forest Hill, with its venerable institutions, Upper Canada College and Bishop Strachan School, and growing areas like Oakwood, Humewood, and Corso Italia running along St. Clair Avenue West. Hillcrest Park and Wychwood Barns Park provide green space within a stroll of The Nest. The St. Clair streetcar is at your doorstep, offering ease and convenience to reach the downtown core.

The Nest invites residents to spread their wings and live large in an open-concept space that’s sleek, stylish and intimate. Many suites offer oversized terraces and balconies with enviable city views. You can also enjoy the expansive rooftop terrace with friends and family.

In addition to suites that vary in size from 444 to 1,250 sq. ft., there are fabulous, one- and two-storey penthouses with a handful having private rooftop terraces. All suites feature European-inspired kitchens with granite or quartz counters and integrated appliances, along with hardwood throughout. Penthouses will have ceiling heights of 10 ft. with nine-ft. ceilings in the balance of the suites.

Building amenities include a stunning lobby, main-level lounge/flex space with a library and fireplace, and a spectacular rooftop terrace showcasing unobstructed panoramic city views, destined to be a gathering spot for residents living within this intimate building of only 122 suites. There will also be the convenience of retail shops at street level, a pet mud room and gym.

On its exterior, the contemporary, tiered styling of The Nest features a façade of clay brick, Fibre C and floor-to-ceiling windows. The south elevation of The Nest reveals expansive outdoor spaces by virtue of its stepped design. It will include a green roof with water conservation features along with geothermal heating and cooling on site providing long-term benefits to residents and the environment. Construction is expected to begin in the fall of 2014 with occupancy in early 2016. Suites are priced from the mid-$200’s.

The site will open in the fall at 784 st. clair Ave. west. sign up for The nest’s early-bird registration at thenestcondos.com or call 416.223.0003.

Hillcrest Park and WycHWood Barns Park Provide green sPace WitHin a stroll of tHe nest


Book Review

You’ve seen how easY renovating and flipping real estate properties is on TV, and you think you’d make the perfect landlord while making piles of money, right? Now give your head a shake and check out Julie Broad’s new book or change the channel.

Broad’s book, More Than Cashflow: The Real Risks & Rewards of Profitable Real Estate Investing, puts some much-needed advice into the hands of wannabe real estate investors considering making a career out of building a profitable portfolio of properties.

A Canadian investor herself, Broad took a step-by-step approach with her new book – which went to number one on Amazon.ca – by providing some basic strategies and fundamentals about the investment real estate market, and she did it without pulling any punches.

“We help you get into real estate investing without the hype that comes with far too many newsletters, blogs and programs in the market today. But you will

have to work for it,” says Broad. The book covers plenty of ground, including ways to increase cash-flow using rent-to-own strategies, tips on finding and keeping tenants, the low-down on property managers and ideas about where to invest. There’s even a chapter on female intuition – love that! Much of the advice comes from the real-life adventures of Broad’s own investments with (and without) her husband, Dave. Interestingly, the couple’s most successful investments were mutually agreed upon at the outset.

In terms of the time commitment an income property demands, Broad says it depends on how many properties you have and whether you hire someone to oversee tasks such as finding tenants and property maintenance. “It may take an hour or two a month, or it could be a full-time job,” she says. And costs can add up. Placement management fees, for example, can take a chunk of cash out of your pocket, but the time you save on getting the right tenant may be well worth the investment, particularly if you’re looking at a property that’s difficult to rent or if you can’t spare the time yourself to show the property to potential tenants.

Overall, investors should look at a property before purchasing it based on three strategies:> Will the property appreciate over time?> Will you be paying down the mortgage quickly

using the rental income?> Will you be creating cash flow?

new Book offeRs the low-down on the real risks and rewards of investing in real estate

// BY susan legge



EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED, BROKERAGE. BROKERS PROTECTED.

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When you live here, you can go anywhere.Yonge Street, Yorkville, The Village, College Park,Yonge-Dundas Square, The Annex, U of T andRyerson are just steps away. IN FACT, THE WALK SCORE IS A PERFECT 100! Plus, you’ve got sleek, modern suites, beautifulrooftop amenities and direct access to yourown subway entrance.

This is TOTEM. FROM THE MID $200’S

A series of illuminated boxes, carefully stacked.Spaces shifted gently left and right, geometry thatdraws the eye skyward. Totem, a building that’spoised to be iconic, is about great design and alocation that fits you to a T.

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Rent-to-own

The rent-to-own strategy of purchasing a home is still an option, as people see that the Canadian real estate market is strong and the likelihood that home prices will increase is high. The rent-to-own scenario is a good one if you’re thinking about buying a property with the idea of selling to the tenant using the rental income, but you need to be sure to have a proper legal agreement in place, says Broad. “If the tenant suddenly decides the property isn’t worth buying, what recourse do you have if they walk away?”

get educated

When it comes to getting more info and a better understanding of your local investment market, Broad suggests websites such as meetup.com, which often have specific networking opportunities for investors.

“ We help you get into real estate investing without the hype that comes with far too many newsletters, blogs and programs in the market today. But you will have to work for it,” saYs BRoad.

Hearing about others’ experiences is the best way to learn, and getting suggestions from those who have been there and grown from the experience is a great way to avoid pitfalls. Since it takes more than the length of an average TV show to become an investment expert, people like Broad who offer their own real-world accounts of both successful and unsuccessful strategies are essential to any future flipping star.

Broad’s book is available on her website, revnyou.com or online at indigo.ca and amazon.ca

continued… Book Review


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067

fundamentally speaking // by wayne karl

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

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

[email protected] follow him on Twitter at

Twitter.com/WayneKarl

and other amenities is among the key determinants that affect your property’s appeal, and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home. The more of them your place has when you go to sell, the more attractive it will be to a greater number of people.

While experts suggest you take a long-term view when buying a home, it’s also important to not look too far down the road.

Let’s be honest, your first home may not be your dream home, and your needs and desires are sure to change through the various stages of home ownership.

So, while the answers to the above questions are specific to your circumstances, there are also some common guidelines you can follow.

01 How much can you afford? Experts agree it is never a good idea to make yourself house-poor, and it is a very common mistake, particularly of first-time buyers, to buy more home than they can really afford. Meeting with a mortgage broker or your banker will help determine your full financial picture, assessing everything from your credit rating to how much you have saved for a down payment. Experts also suggest you “stress-test” your plan to see how well you could cope with higher mortgage payments brought on by rising interest rates.

02 How much will it really cost? Another common mistake is not being prepared for all the closing costs involved: lawyer fees, land transfer taxes, utilities, insurance, and insurance. All of these costs add up, and ultimately should factor into your overall home-shopping budget.

03 Where do you want to live? This question is becoming more important for a number of reasons, though influenced primarily by where you work, how much of a commute you want, and whether your transportation options include mass transit or only driving. Indeed, especially with gas prices on the rise, proximity to mass transit is something more and more people are looking for in their new home location. It may not be as simple as choosing to live in the city, suburbs or a small town.

04 What type of home do you want? Once you have determined your options for cost and location, you can then assess what types of homes are available in your price range and desired neighbourhood: condos, townhomes, semi-detached or single-family?

Some many questions, so many choices. The good news is, homebuilders today are in sync with customer preferences for location and amenities, and with market realities with regard to pricing and needs for energy efficiency, so your options for new-home product have never been better.

When you’re buying your first home, you are sure to be filled with many important

questions. How much can you afford? How much will it all cost? Where do you really want to live, and can you afford the area? And, finally, what type of home do you want? The answers are very individual: it really depends on your situation, from the amount of your down payment to where you work to whether you have kids, among other considerations.

For your enjoyment while you live in your home, as well as for future resale potential, proximity to transportation, shopping, schools

Four tips to help guide your decision

buying your first home?


Real Estate Brokerage


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quick tips // by hellen buttigieg

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

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

it’s time to lose it

If you don’t use it,

There are many charities that will take things you no longer need, so don’t hold on to items just because you have them. If they’re of no use to you, it’s time they stopped taking up your space and moved on to a

home where they’re needed. Hold a garage sale if you have the time. The money you earn can go toward new purchases once you’ve carved out some extra space.

get a jump-start on de-cluttering

Books collecting dust?

Although I keep a collection of books that I re-read or refer back to, I make it a habit to use the one-in/one-out rule. I love books and my house would be overrun with them if I didn’t employ this habit a long time ago. Any time I’m tempted to buy a new book, I remind myself that if I do, I will have to let one go. This encourages me to borrow books from the library when possible. I often get questions about what to do with books that are no longer used and are taking up space. Donate books in good condition to your local library, hospitals or schools. There is even a great program that sends books to troops (Books for Soldiers BooksForSoldiers.com).

Toy toss Put aside time with the kids to go through their old toys and decide what they want to donate. Remind them they need to make space if they want new toys. Drive to the charity together and drop off the toys. Remind the kids how kind and giving their gesture was, and that less-fortunate children will truly appreciate their donation. It’s never too early to start teaching children about charity.

Clean out your storage space If your storage area is cluttered, it’s a good time to tackle it. Empty out the entire space, or work in sections (depending on the amount of clutter and the amount of time you have to clear it). Place like items together in categories. Also create a pile for things that you no longer need or want. Heavy-duty shelving units and clear bins work great for storing these items within their categories. Brackets and hooks work for large items. Don’t forget to take the discarded items to the dump if they cannot be sold or donated.

Have you been storing items for

years with the intention of having a garage sale, but never get around to it? Pull out your

calendar today and book a definite

date to have it.


072 new condo guide feBruary 1 - 15, 2014

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Have you been putting off your garage sale? Have you been storing items for years with the intention of having a garage sale, but never get around to it? Pull out your calendar today and book a definite date to have it. Blocking the time now increases the likelihood of following through with it later. Another option is to forgo the garage sale entirely and donate these items instead.

Has your clutter expired? If you can’t quite bring yourself to let go of certain items, even though you aren’t using them, consider packing them in a box and writing a ‘best before’ date on it six months away. Put this date on your calendar as a reminder. If you don’t go into that box again before the expiry date, donate it to charity without opening it again. This provides you with a cooling-off period, making it easier to detach.

Out with the old, in with the new Is your outdated home office equipment slowing you down? Maybe it’s time to upgrade or replace it. Or, have you replaced your equipment but kept the old laptop or printer ‘just in case?’ Take back your space and give your office a fresh start by letting go of the old. Do this and I predict your productivity will increase in the years ahead!

Having trouble deciding? Clutter is the result of postponed decisions. When you are de-cluttering, make the keep/ toss/donate decisions easier by asking yourself whether the item serves a purpose or adds beauty or meaning to your life. Getting organized is not about getting rid of all your stuff, it’s about honouring what truly serves you and letting go of what’s just taking up space. If you don’t love it or use it, it’s time to lose it.

Put aside time with the kids to go through their old toys and decide what they want to donate. Remind them they need to make space if they want new toys.

Have you replaced your equipment but kept the old laptop or printer ‘just in case?’ Take back your space and give your office a fresh start by letting go of the old. Do this and I predict your productivity will increase in the years ahead!

continued… quick tips

074 new condo guide feBruary 1 - 15, 2014

Hot toPIC

For CanadIans under 35, it is likely that last year brought at least one major life change, such as finishing school, starting a family, or moving homes. All of these events can affect a tax return. Cleo Hamel, a tax specialist at H&R Block, offers the following tips to maximize your return:

tax tIPs for the young and restless

If you have packed the truck and travelled more than 40 kilometres to a new job last year, then you may be able to claim moving expenses such as transportation, storage and meals. Moving expenses are one of the most commonly reviewed credits, so make sure you keep your receipts in case Canada Revenue Agency asks for proof.

Parents can claim the Child Tax Credit for each child under the age of 18. If one parent cannot use the entire amount, the unused portion can be transferred to a spouse or common-law partner.

Don’t miss out on the tax credits you are entitled to claim, says Hamel. Take the pain out of doing your taxes by using tax preparation software. It gives you step-by-step tips to identify every possible deduction or credit, and it ensures you get the maximum refund. NC

relocated for work or school?

Had a bundle of joy?

If you’re a recent college or university graduate, chances are you have racked up some student loans. Did you know the interest paid on government loans is a tax credit? Also many low-income Canadians, like students, qualify to use tax software for free. For example, if you earn less than $20,000 a year, H&R Block At Home Online allows you to prepare and file your return for free, when it is convenient for you.

Graduated with student loans?

076 new Condo GuIde february 1 - 15, 2014

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balcony73 sq.ft.

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splurge vs save

bedroom

style file

Paul semkuley is an interior stylist and principal of Re:Source Lifestyles. His love of art, fashion and design brings a unique aesthetic to everything he touches. Visit online at resourcelifestyles.com and follow him on Twitter at @resourcelifestyles.

If you’re buying a new condo, you’re probably on a tight budget. Don’t fret! With free expert advice from interior stylist paul semkuley, we show you where to save and where to splurge for each room in your home.

// by sara duck

Emmie Spets Sheet Set in White. $45. Visit ikea.ca

Table Lamp. $70. Visit bouclair.com

Seagrass Block Headboard. $200-$390. Visit pier1.ca

mattress and box sPringaPProx: $1,500 – $3,000Although it is the least glamorous item to buy for the bedroom, it is the most important. A good mattress will make all the difference in getting your beauty sleep each night. “The mattress should last you at least 10 years,” says Semkuley. “Especially when you purchase it with the coordinating box spring, [which] absorbs up to 50 per cent of the body’s impact.” Semkuley also suggests getting comfy and cosy in store by laying on the mattress like you would normally sleep, to see if the mattress is a right fit. Whether you prefer one that is firm, made of organic material, or one that comes with a pillow top for extra comfort, buy the best one you can afford.

tiP Don’t try to save money by using an old box spring with your new mattress. A mattress and its accompanying box spring work together for better support, keeping the mattress in good shape longer.

fact A study conducted in Canada, the U.S., Mexico, UK, Germany and Japan found that a comfortable sleep surface and cosy sheets and bedding were rated the most important romantic elements in all six countries.

Hemnes Three Drawer Chest in Gray-Brown. $150. Visit ikea.ca

splurge save

continued on Page 80…

kitchen

living room

Gourmet Settings Non-Stop Flatware. $50 for 20-piece. Visit bedbathandbeyond.ca

Bodum Chambord Four Cup French Press with Locking Lid. $50. Visit thebay.com

Royal Doulton Gordon Ramsay Maze White Dinnerware. $100 for 16-piece set. Visit bedbathandbeyond.ca

sofa aPProx: $3,500 – $5,000The living room is the main hub of any home. It’s where you will do most of your entertaining, and it’s the place you will go to snuggle and watch movies together. It’s important, then, that you invest in a sofa that not only looks good, but is comfortable, durable and functional for your space. Paying a little extra now, means a sofa will last through the years. “When you have great bones in a sofa, you can always reupholster it, knowing that you will have the same comfort that you have enjoyed for so many years,” says Semkuley.

Hamilton Beach 1.7L Dome Electric Kettle.

$60. Visit thebay.com

splurgefree-standing range aPProx: $2,000 – $5,000Appliance shopping can be daunting – especially when you are deciding on a big purchase like a free-standing range (hot plate on top, oven underneath). But this important appliance will make your cooking life easier if you spend a little more on a quality piece that is tailored to your needs. “Having a gourmet range will make a huge statement in your kitchen. It will definitely add value to your home while you live there, and especially if you plan to sell your home,” says Semkuley.

tiP There are plenty of options when it comes to your range, such as gas, electric and induction. Determine which type of fuel you will use based on what you have available and your personal cooking preference.

fact A study conducted by Visa Canada suggests 60 per cent of Canadians dine out once or more per week.

splurge

save

save

Sequined Striped Pillow. $49. Visit chapters.indigo.ca

Bendale Rug by Korhani Home. $134 for 5x7. Visit rona.ca

style file continued…

080 new condo guide febRuaRy 1 - 15, 2014 febRuaRy 1 - 15, 2014 new condo guide 081

bathroom

Royal Doulton Gordon Ramsay Maze White Dinnerware. $100 for 16-piece set. Visit bedbathandbeyond.ca

Vanity and countertoP aPProx: $2,500 – $4,000You may think this is an odd pick to invest your money in, but the vanity is a key item for the bathroom. Don’t forget you will be using the vanity every day, multiple times, opening and closing doors and exposing it to moisture. “The most important need of the vanity must be function,” says Semkuley. “Spending more on cabinetry that is made of solid wood will last much longer in a ‘wet’ environment than those made of a pressed wood compound.”

tiP Buy a vanity that is proportionate to your space. You may have room for a big vanity but little room for anything else.

fact In 1890, the Scott Paper Company first manufactured toilet paper on a roll, much as we know it today.

splurge save

Simply Fine Lenox Chirp Bath Ensemble. $50. Visit bedbathandbeyond.ca

Fiona Bath Towels in Coral. $14. Visit bedbathandbeyond.ca

The Beverly Mirror by Tangerine Mirror Co. $80 for 24 by 26 in. Visit homedepot.ca

Heritage Aged Iron Chandelier by Hampton Bay. $99. Visit homedepot.ca

Floor Lamp. $140. Visit bouclair.com

Box Frame Coffee Table in Mango Wood. $429. Visit westelm.com

tiP When sofa shopping, look for a sturdy frame that does

not wobble or creak, but sits squarely on the floor. Also, pay attention to fabric detail – you

want a fabric that will wear well for every day use.

fact According to BBM Canada, the average Canadian

adult watches 30 hours of television a week.

080 new condo guide febRuaRy 1 - 15, 2014 febRuaRy 1 - 15, 2014 new condo guide 081

new releases & grand openings

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

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

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

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

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

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

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

Imperial Plaza by Camrost Felcorp Now under construction. Visit the new sales centre at 1499 Yonge St., north of St. Clair. Web: ImperialCondos.ca

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

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

condo watch

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

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

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

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

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

Harbour Plaza by Menkes Register now to connect with Toronto’s ultimate love/work/play address. Web: Menkes.com

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

previews & registrations

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

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

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

The Britt by Lanterra Developments Condos with European flair now open at Bay and Wellesley. Register now. Web: LanterraDevelopments.com

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

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

Cinema Tower by The Daniels Corp. World-class condo in the heart of the Entertainment District. Register now. Web: CinemaTowerCondos.com

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

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

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

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

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

082

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

Your complete source for condos, lofts and townhomes in Toronto

GTA EditionFebruary 1 - 15, 2014

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

*TH: Townhomes, C: Condo

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

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

084

6 CRESFORD DEvELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $350,000 116 & IBC 14E7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 15 8L8 CRESFORD DEvELOPMENT CORP. NXT 416-977-5300 • • from $350,000 IBC 8N10 EMPIRE COMMuNITIES The HUB 416-784-3482 • from $250,000 6 9F15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $286,000 IFC 14D17 ROCKPORT GROuP The Nest 416-223-0003 • from $250,000 61 11H23 TRIBuTE COMMuNITIES The College 416-363-4800 • from $320,000 47 M1425 TRIDEL CORPORATION Spadina Queen 416-661-1949 • from $350,000 IFC 15D26 BAzIS INC. No1 Yorkville 1yorkville.ca • 5 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $200,000 39 18K28 EMPIRE COMMuNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 7 25B31 WORSLEY uRBAN PARTNERS Totem Condominium 416-792-1877 • from $250,000 65 15H35 MENKES DEvELOPMENTS INC. 87 Peter menkes.com • Insert 15M 37 CRESFORD DEvELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 IBC 14L52 CRESFORD DEvELOPMENT CORP. CASA 2 416-977-1100 • from $290,000 IBC 15L52 CRESFORD DEvELOPMENT CORP. CASA III 416-486-2272 • from $250,000 IBC 15L58 GREAT GuLF HOMES Monde 416-466-8885 • from $316,000 Insert 17M99 GREAT GuLF HOMES One Bloor Residences 416-922-0081 • from $550,000 Insert 15I140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $350,000 31 16J140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J149 CAMROST - FELCORP Imperial Plaza 416-925-2501 • from $986,000 3 15I155 LIFETIME DEvELOPMENTS The Bond Condominiums 416-546-7525 • • 27 15G162 PIANOSI DEvELOPMENTS Perspective Condos 416-242-3500 from $280,000 93 4H190 CRESFORD DEvELOPMENT CORP. 1000 Bay 416-485-3000 • from $360,000 IBC 15J192 MINTOuRBAN COMMuNITIES INC. 30 Roe 416-915-3812 • from $350,000 73 14D199 FIELDGATE HOMES 90 Niagara 90niagara.com from $350,000 53 14O202 BAzIS INC. E Condos 416-243-8688 • from $300,000 19 14E202 RIO CAN E Condos 416-243-8688 • from $300,000 19 14E202 METROPIA E Condos 416-243-8688 • from $300,000 19 14E215 DuNDEE KILMER DEvELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 43 18L217 PEMBERTON GROuP TEN93 Queen West 905-326-4100 • from $280,000 8-9 12F217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 8-9 12F218 MALIBu INvESTMENTS INC. Smart House 416-292-0219 • from $230,000 51 15L218 uRBAN CAPITAL Smart House 416-292-0219 • from $230,000 51 15L222 LAMB DEvELOPMENT CORP. The Harlowe 416-363-1771 • from $260,000 71 15M1 GOLDMAN GROuP & LASH DEv. CORP. 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H1 GOLDMAN GROuP & LASH DEv. CORP. the rushton rushtonliving.com • from $344,000 12H2 GREAT GuLF HOMES Yonge+Richmond 416-499-8883 • from $278,000 16K3 CONCORD ADEx Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M3 CONCORD ADEx ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M3 CONCORD ADEx Quartz 416-813-2999 • • 15M3 CONCORD ADEx Spectra 2 416-813-2999 • • 15N3 PINNACLE INTERNATIONAL The Marquee Townhomes on thePark pinnacleuptown.com • from $700,000 20K3 CONCORD ADEx Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M4 GAIRLOCH INvESTMENTS 383 Sorauren 383sorauren.com 9L4 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 16E5 ONNI GROuP OF COMPANIES Garrison at the Yards 416-260-2600 • from $190,000 14N5 ONNI GROuP OF COMPANIES West Lake 416-260-2600 • from $240,000 14N8 CRESFORD DEvELOPMENT CORP. NxT 2 416-977-5300 • • from $300,000 8N8 CRESFORD DEvELOPMENT CORP. NxT2/Phase Two 416-977-5300 • • from $210,000 8N9 ASPEN RIDGE HOMES vu 416-970-9500 • • from $370,000 16L11 MENKES DEvELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $382,000 14I11 MENKES DEvELOPMENTS INC. 365 Church 416-591-7700 • from $250,000 14I12 NORTH DRIvE INvESTMENT The High Park 416-670-3699 • from $300,000 8L13 STREETCAR DEvELOPMENT Trinity Lofts 416-690-2988 • from $330,000 19L14 CANALFA GROuP Liberty Place 416-537-0047 • • from $170,000 12N16 FREED 155 REDPATH 416-996-5428 • from $210,000 14D18 uRBAN CAPITAL River City 416-862-0505 • • from $250,000 18L18 uRBAN CAPITAL River City 2 416-862-0505 • • from $250,000 18L19 KINGSTONE ROAD DEvELOPMENT The Glen 416-694-3333 • from $255,000 23H20 MENKES DEvELOPMENTS INC. Fabrik 416-591-7700 • from $250,000 14M20 TOWER HILL DEvELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $200,000 14E21 EASTON’S GROuP King Blue Condominiums 416-599-1355 • from $200,000 12N21 REMINGTON GROuP King Blue Condominiums 416-599-1355 • from $200,000 12N21 EASTON’S GROuP Westinghouse Lofts 416-599-1355 • from $200,000 12N21 REMINGTON GROuP Westinghouse Lofts 416-599-1355 • from $200,000 12N22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • 14M

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Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 085

22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F24 GREENPARK HOMES Axiom Condominiums 647-352-4077 • from $225,000 17L26 BAzIS INC. One Yorkville 1yorkville.ca • 15I29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 17M30 TOWER HILL DEvELOPMENT CORPORATION Churchill Park Condominiums 416-966-9080 • from $900,000 13H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEvELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L34 CENTRE COuRT DEvELOPMENT Core Condos 416-598-2673 • from $220,000 16L41 CONCORD ADEx Infinity The Final Phase 416-214-1988 • from $300,000 16M46 CONSERvATORY GROuP Milan 416-928-7409 • from $520,000 15I54 TIMES DEvELOPMENTS INC. The 500 Condos + Lofts 416-960-0606 • from $400,000 17I55 MINTOuRBAN COMMuNITIES INC. King West 416-367-5464 • from $210,000 14M55 MINTOuRBAN COMMuNITIES INC. 775 King West 416-367-5464 • from $330,000 14M57 LANTERRA DEvELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B59 LINDvEST B Streets 416-532-6636 from $320,000 13J60 CANALFA GROuP Liberty Central by the Lake 416-537-0047 • • 12N62 PEMBERTON GROuP The uptown Residences 416-987-3500 • from $950,000 16J64 LAMB DEvELOPMENT CORP. The Brant Park 416-368-5262 • from $262,000 14M66 E-PARK DEvELOPMENT Foundry Lofts 416-531-7760 from $399,000 9I66 EMSATEC CANADA INC The Brownstones 5 416-531-7760 • from $350,000 9I66 NEuDORFER CORPORATION Brownstones 416-531-7760 • from $305,000 9I70 MADISON HOMES The upper Canada Condominium 416-489-5194 • from $1800,000 14G70 STATE BuILDING GROuP The upper Canada Condominiums 416-489-5194 • from $1.8,000 14G78 EMPIRE COMMuNITIES Schoolhouse 416-979-1333 • from $595,000 13I81 LAMB DEvELOPMENT CORP. Flatiron Lofts 416-368-5262 from $243,000 20J83 TRIDEL CORPORATION 300 Front Street West 416-217-0300 • from $324,000 15M85 HARHAY DEvELOPMENTS One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M85 CARTTERA One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M88 FERNBROOK HOMES/CITYzEN DEv. Pier 27 Waterlink 416-367-3456 • from $800,000 17N94 DHD DEvELOPMENTS Condos at The Distillery 416-361-1322 • from $400,000 18L101 LAMB DEvELOPMENT CORP. The King East 416-368-5262 • from $435,000 18L101 HARHAY DEvELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 18L102 PLAzA King West 647-341-1731 • from $346,000 13N103 MENKES DEvELOPMENTS INC. Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I103 LIFETIME DEvELOPMENTS Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I104 ASPEN RIDGE HOMES Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J106 CONTExT DEvELOPMENT INC. Market Wharf 416-861-8181 • from $260,000 17M106 CONTExT DEvELOPMENT INC. Library District Condominiums 416-861-8181 • from $222,000 17M109 THE BROWNSTONE GROuP OF COMPANIES Brownstones in Davenport village 416-531-7760 from $245,000 9J109 THE BROWNSTONE GROuP OF COMPANIES Brownstones on the Park 416-531-7760 • from $260,000 9J110 GREAT GuLF HOMES Charlie 416-927-9772 • from $251,000 14M114 PLAzA Ivory On Adelaide 647-341-1731 • from $279,000 17L117 BAzIS INC. Exhibit 416-967-7778 • 14I117 METROPIA Exhibit 416-967-7778 • 14I117 PLAzA Exhibit 416-967-7778 • 14I118 PEMBERTON GROuP u Condominiums 416-546-6605 • from $2500,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 18J120 THE DANIELS CORPORATION One Park Place Condominiums 416-955-0559 • from $200,000 18J122 THE DANIELS CORPORATION Festival Tower 416-203-2020 • from $350,000 M14124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $334,000 15M126 GREAT GuLF HOMES x2 416-927-0080 • from $303,000 16J126 LIFETIME DEvELOPMENTS x2 416-927-0080 • from $303,000 16J128 LIFETIME DEvELOPMENTS Bisha Hotel & Residences 416-637-2211 • from $274,000 16M129 CONCERT PROPERTIES 88 Scott 416-216-8588 • 17M130 TRIANGLE WEST DEvELOPMENT Art Condos 416-535-7775 • from $530,000 12N131 LANTERRA DEvELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $520,000 5L131 TRIDEL CORPORATION Two Old Mill 416-645-7022 • from $356,000 5L131 TRIDEL CORPORATION Old Mill 416-645-7022 • from $450,000 5L133 TRIBuTE COMMuNITIES RCM I on university 647-351-9247 • from $393,000 14M134 TRIBuTE COMMuNITIES Queen & Portland 416-363-4800 • from $315,000 15I135 GRAYWOOD DEvELOPMENTS 5 St. Joseph 416-928-0555 • • from $250,000 16J135 MOD DEvELOPMENTS INC. 5 St. Joseph 416-928-0555 • • from $250,000 16J136 CANDEREL/STONERIDGE DNA 3 416-929-1030 • from $220,000 12N137 ALTERRA HOMES/FINER SPACE Post House Condominium 416-964-2777 • from $350,000 16L141 BSAR LTD 12 Degrees 416-408-1200 • from $350,000 15L142 ANDRIN HOMES The Berwick 416-922-9425 from $280,000 14D148 GRAYWOOD/BEAvERHALL DEvELOPMENT The Mercer 416-597-6940 • from $350,000 15M150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 15M151 CITYzEN Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES vero 416-798-7070 from $250,000 17M153 uRBAN CAPITAL Tableau Condominiums 416-591-8887 • • from $450,000 15L153 MALIBu INvESTMENTS INC. Tableau Condominiums 416-591-8887 • • from $350,000 15L153 ALIT DEvELOPMENTS Tableau Condominiums 416-591-8887 • • from $350,000 15L154 TRE MEMOvIA DEvELOPMENTS Carmelina 416-423-8500 • from $325,000 23J155 LIFETIME DEvELOPMENTS The Yorkville Condominiums 416-987-3344 • • from $550,000 15G157 CASTLEPOINT/CITYzEN/FERNBROOK L Tower 416-777-2533 • from $410,000 17L165 SORBARA GROuP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEvELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12171 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • • from $350,000 14H173 MIzRAHI | KHALILI DEvELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROuP 210 Simcoe 416-217-0210 • from $200,000 15M179 GRAYWOOD DEvELOPMENTS Five Condos 416-928-0555 • • from $375,000 15J179 MOD DEvELOPMENTS INC. Five Condos 416-928-0555 • • from $375,000 15J184 RESERvE PROPERTIES Rise 416-546-7399 • • from $290,000 12H184 RESERvE PROPERTIES Model Suite of the Month • 12H185 PEMBERTON GROuP Neon 416-987-7878 • from $470,000 14D186 STREETCAR DEvELOPMENT The Carlaw 416-690-8588 • from $200,000 19K188 GREENPARK HOMES Allure Condominiums 416-487-7600 • from $350,000 14F189 THE DANIELS CORPORATION Cinema Tower Condominiums 416-203-2020 • from $450,000 14M191 TRI-WIN DEvELOPMENTS INC FAD Condos 416-815-1818 • from $250,000 14M193 BuRNAC CORPORATION South Hill on Madison southhillonmadison.com • from $200,000 13I195 LIFETIME DEvELOPMENTS INDx 416-987-4639 • 16M195 CENTRE COuRT DEvELOPMENT INDx 416-987-4639 • 16M197 STREETCAR DEvELOPMENT The Carnaby 416-690-9009 • from $250,000 12M198 MENKES DEvELOPMENTS INC. Noir 416-977-8780 • from $250,000 15M200 FREED SIxTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIxTY Colborne 416-598-7775 • from $300,000 16L201 SOLOTEx upper Beach Townes • 24G206 MOD DEvELOPMENTS INC. The Massey Tower 416-966-0197 • • from $320,000 16L207 RESERvE PROPERTIES 109Oz 416-531-4844 • from $300,000 12M210 CASTLEPOINT/NuMA The Sterling 416-777-2533 • • from $230,000 9L217 TORBEL GROuP Wallace Walk 416-531-1818 • from $210,000 9L219 TAS DESIGNBuILD Duke Condos junctionlife.ca 8K220 LAMB DEvELOPMENT CORP. King Charlotte 416-368-5262 • from $416,000 15M221 LAMB DEvELOPMENT CORP. Theatre Park 416-368-5262 • from $537,000 16M FREED Thompson Residences 416-360-0600 • from $280,000 MANSOuRI LIvING The Perry 416-926-7555 • from $390,000 MENKES DEvELOPMENTS INC. Harbour Plaza menkes.com •

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086

5 LINDvEST Grand Cornell Brownstones in Markham lindvest.com from $350,000 97 4C

96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $256,000 75 24C

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

122 LANTERRA DEvELOPMENTS Treviso III 416-787-8882 • from $250,000 23 12F

123 BRANDY LANE HOMES The Station 416-398-9777 • from $420,000 55 12D

124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $258,000 IFC 24C

128 THE DANIELS CORPORATION NY2 416-221-3939 from $220,000 25 19C

1 CONCORD ADEx Opus 416-813-2999 • • 22C

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

3 YYzED PROJECT MANAGEMENT vISTO vistocondos.ca from $220,000 8E

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

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

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

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

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

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

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

8 CONSERvATORY GROuP Pearl 2 Condominiums 416-512-1818 • 17C

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

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

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

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

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

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

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

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

50 DEvRON DEvELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C

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

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

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

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

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

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

101 KANTIuM DEvELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A

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

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

125 FRAM BuILDING GROuP LIv Lofts 416-445-5638 • from $250,000 22F

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

130 TRIBuTE COMMuNITIES Canterbury 647-352-2130 • • from $700,000 19F

132 FRAM BuILDING GROuP/CADILLAC FAIRvIEW Flaire Condos 416-445-8868 • from $320,000 22F

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Huntingwood Dr

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Etobicoke

Scarborough






10 LASH GROuP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $220,000 99 22B18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $350,000 Insert 24C25 QuEENSCORP RESIDENCES Watermark 416-354-2221 • from $307,000 91 19D28 LIBERTY DEvELOPMENT CORP. Terrace on Danforth 416-987-7575 • from $235,000 35 2F38 CITY CORE Harmony Village Sheppard Harmonyvillage.ca from $238,000 67 2C44 TRIDEL CORPORATION West Village 416-620-1887 • from $290,000 IFC & BC 21F1 ESQuIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D1 WINDCATCHER DEvELOPMENT CORPORATION Atwater Condos 905-271-5038 • from $280,000 12B2 HENDERSON DEvELOPMENT LIMITED Centro 416-296-1898 • from $185,000 6D2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 23C2 STANTON RENAISSANCE On The Go 647-692-8417 • from $250,000 23C4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 23F6 CONSERvATORY GROuP Altitude 416-321-1659 • from $230,000 25H7 GREAT GuLF HOMES One Sherway Condominiums 416-695-3535 • 16G7 MENKES DEvELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 16G8 PEMBERTON GROuP Palais at Port Royal Place 416-239-8200 • from $260,000 23F10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $240,000 22B11 CAMROST - FELCORP ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G11 CAMROST - FELCORP California Condos 416-251-8888 • from $242,000 25G15 GRAYWOOD/BEAvERHALL DEvELOPMENT Ocean Club 416-255-4663 • from $250,000 24C18 MONARCH CORPORATION Lago 416-495-3544 • from $200,000 24C20 DAvIES SMITH Eleven Superior 416-259-8882 • from $220,000 23C29 MONARCH CORPORATION Encore 416-495-3544 • 5D33 EMPIRE COMMuNITIES Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H34 AvERTON HOMES Evolution 416-747-9691 • from $250,000 22G35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G37 AMExON DEvELOPMENT CORPORATION South Beach 416-252-3000 from $209,000 25H39 MONARCH CORPORATION Waterscapes 416-495-3544 • 26H42 TRIDEL CORPORATION ventus at Metro Gate 416-293-5535 • from $314,000 4C45 EDILCAN DEvELOPMENT CORP. One valhalla 416-233-5554 • from $239,000 21F46 REMINGTON GROuP Park Towers at IQ 416-253-5838 • from $220,000 22G50 PEMBERTON GROuP vivid Condos 416-239-8200 • from $250,000 23F51 ALTERRA HOMES/FINER SPACE Westwood Condominiums 416-239-9888 • from $250,000 23F55 TRIDEL CORPORATION Avani At Metrogate 416-293-5535 • from $240,000 4C56 PHANTOM DEvELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 24G60 YOuR HOME DEvELOPMENTS Nature’s Path 416-745-6686 • • from $270,000 11E61 vHL DEvELOPMENTS LTD. 2150 Condos 416-750-2150 • 3E61 vHL DEvELOPMENTS LTD. Haven On The Bluffs 416-2611-9555 • from $160,000 3E62 ROYALE GRAND WOODBINE DEvELOPMENTS Lexington 416-638-8444 • from $240,000 21C65 MINTOuRBAN COMMuNITIES INC. South Shore 416-913-2136 • from $350,000 22H70 FIRST AvENuE PROPERTIES Qube Condos 647-351-7823 • from $200,000 24G71 LASH GROuP OF COMPANIES Me Condos 416-430-0003 • from $150,000 8D

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Dufferin

Spadina Rd

Gerard St E

Cosburn AveO'Conner Ave

Laird Dr Victoria ParkCoxw

ell Ave

Woodbine A

ve

St Clair Ave E

Don Valley

Parkway

Don V

alley

Park

way

Don V

alley

Park

way

Jane St

Keele St

Rogers Rd

Dufferin St

Vaughan RdEglinton Ave W

Eglinton Ave W

Weston Rd

Lakeshore

Blvd WQEWQEW

Landsdowne

Gardiner Expressway

1

2

1829

11

21

9

412

816

17 14

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

Toronto Waterfront

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

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

*Th: Townhomes, c: condo

highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information.088


58 greAT gULf Monde 416-466-8885 • • from$304,000 insert 17M

1 PeMbertonGrouP ParkLakeresidences 416-769-4343 • • from$250,000 3f

3 concord Adex grand Parade 2 at concord cityPlace 416-813-0999 • 15M

3 concord Adex Quartz 416-813-0999 • • 15M

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

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

4 trideLcorPoration aqualinaatbaysidetoronto 416-514-2710 • 16e

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

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

8 concord Adex ParadetWotowerresidences 416-813-0999 • from$287,000 14f

8 concord Adex grand Parade at concord cityPlace 416-813-0999 • from293,000 14f

8 concord Adex PanoramaatconcordcityPlace 416-813-0999 • from$389,000 14f

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

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

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

8 cresforddeVeLoPMentcorP. nXtatWindermerebytheLake 416-977-5300 • • from$300,000 11f

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

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

11 caMrostfeLdcorP californiacondominiums sunsetcondos.ca • from$242,000 25G

14 cAnALfA groUP Liberty on the Park condominiums 416-537-0047 • from$363,000 10f

15 MaLibuinVestMentsinc. Ltd 416-601-2223 • from$200,000 12f

18 fernbrookhoMes/cityzendeV. Pier 27 residences on The Lake 416-367-3456 • from$300,000 11f

18 urbancPitaL rivercity2 416-862-0505 • from$250,000 18L

29 PinnacLeinternationaL 33bayresidenceatPinnaclecentre 416-925-3325 • • from$375,000 17M

60 canaLfaGrouP LibertycentralbytheLake 416-537-0047 • 12n

wate

rfro

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

401

409

QEW

Horner Ave

Queensway

Ro

yal York R

d

Evans AveGardiner Expressway

Lakeshore Blvd E

Park Lawn

Mill Rd

Ran

forth

Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin

Gro

ve Rd

Albion Rd

Hu

mb

erline D

r

Finch Ave W

Rexdale Bv

Kip

ling

Ave

Isling

ton

Ave

Dixon Rd

Westway

27

25

11

16 28

20

1421815

Brampton

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bova

ird D

r.

Coun

trysid

e Dr

Airport Rd

Winston Churchill Blvd

Wan

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wy

Queen

St W

Queen

St W

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Hwy 10

Stee

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ve W

Kennedy Rd S

McMurchy Ave SHwy 7

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bova

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r.

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Wan

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Sand

alwoo

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Queen

St W

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Stee

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Mor

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Drew

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Brita

nnia

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Mat

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ton

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Burn

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Cawthra Rd

Queen

St E

Ridgeway Dr

Colonial Dr

The C

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Erindale Station Rd

Mavis Rd

Wolfedale Rd

Winston Churchill BlvdRa

thbu

rn R

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Hurontario St10 Line Rd

Edenwood Dr

Derry

Rd W Millcreek Dr

Erin Mills Pkwy

Mississauga Rd

Erin Mills Pkwy

Creditview Rd

4 Line Rd

Burn

ham

thor

pe R

d W

Bronte Rd

6 Line Rd

Burn

ham

thor

pe R

d E

Dund

as St

WUp

per M

iddl

e Rd

Tremaine Rd

Nottinghill Gate

9 Line Rd

Lake

shor

e Rd

E

4 Line Rd

Spee

rs Rd

Lake

shor

e Rd W

Burloak Rd

Mac

Dona

ld R

d

Kerr St

Trafalgar Rd

8 Line Rd Ford Dr

Devon Rd

Corn

wall

Rd

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ge Rd

410

401

QEW

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403

401

403

25

Mississauga

11

6

10

912

Oakville

1

etobicoke Waterfront

WhitbyWaterfront

East Gwillimbury

Bradford

Uxbridge

Scugog

Lindsay

Manvers

Newcastle

Georgina Island 33

AngusLisle

Everett

Lake Scugog

Bobcaygeon

Georgina

Sunnidale

VespraWasaga Beach

Mara

Orillia

Bracebridge

Schomberg

Tecumseth and Tottenham

Adjala

MonoShelburne

King

Essa

Tosorontio

Thornbury

Lake Si

mcoe

Cannington

Barrie

Georgian Bay

Midland Tay

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400

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400

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7

69

69

93

27

27

9

910

24

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oakvilleWaterfront

further north Waterfront

MississaugaWaterfront

# 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. 089


25 QueenscorPresidences Watermark 416-354-2221 • from$307,000 91 19d

28 eMPirecoMMunities Water Tower at Eau Du Soleil 416-503-3328 • from$320,000 7 25b

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

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

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

8 chestnuthiLLdeVeLoPMent sanfranciscobythebay 905-831-3631 • • from$180,000 23J

10 PeMbertonGrouP bluwatercondominiums 416-987-8800 • from$350,000 5J

11 MonarchcorP. Waterscapes 416-495-3544 • from$390,000 25c

13 GreenhiLLhoMes PrincetonManor 905-849-1818 • from$210,000 6G

14 PhantoMdeVeLoPMents JadeWaterfrontcondos 416-251-0707 • from$250,000 24G

15 GrayWooddeVeLoPMents oceanclub 416-255-4663 • from$250,000 24c

18 MonarchcorP. Lago 416-495-3544 • 24c

20 daViessMith elevensuperior 416-259-8882 • from$220,000 23c

401401

401

4 Sidelin

e R

9 Concession

12 Sidelin

e

8 Concession

6 Sidelin

e

4 Sidelin

e

Lake Rid

ge R

Brawley Rd

Myrtle Rd W

Co

chran

e

Columbus Rd

Ash

bu

rn R

d

Halls R

d N

Co

un

try Lane7 Concession

4 Sidelin

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6 Concession

20 Sidelin

e

16 Sidelin

e

Central StB

rock R

d

16 Sidelin

e

Padd

ock R

d 7

Bro

ck Rd

28 Sidelin

e

30 Sidelin

e

9 Concession

24 Sidelin

e

No

rth R

d

7 Conncession

32 Sidelin

e

Whitevale Rd

32 Sidelin

e

No

rth R

d

5 Concession

16 Sidelin

e

Bro

ck Rd

Green

wo

od

Rd

Ch

urch

St N

Fifth Conces

Lakeridg

e Rd

Salem R

d

Au

dley R

d

Westn

ey Rd

N

Co

ron

ation

R Co

un

try Lane

Salem R

d

Taunton Rd E

Ro

seban

k Rd

Alto

na R

d

Wh

ites Rd

4 Concession4 Concession

Alto

na R

d

3 Concession

Fairpo

rt Rd

Dixie R

d

Liverpo

ol R

d

Major O

aks R

Valley Farm

Bro

ck Rd

Rossland Rd

Riversid

e Dr

No

tion

Rd

Bro

ck Rd

Squ

ires Beach

Rd

Sand

y Beach

Montgomery F

Highview Rd

Ap

pleview

Rd

Stroud'sGlenanna Rd

Liverpo

ol R

d

Bayl

y

Granite CourtWh

ites Rd

Rougemount D

Lake Drivew

a

Harw

oo

dA

ve

Westney Rd S

Finley

Ave

Delaney Dr

Magill Dr

Kingston Rd

Raven

scroft

Bayly St E

Tow

nlin

e Rd

Dundas St E

Au

dley R

d

Ajax-W

hitb

yTaunton Rd W

McQ

uay B

v

Rossland Rd

Gard

en St

Bald

win

St S

Tho

rnto

n R

d

Thickso

n R

d

Conlin Rd

Stevenso

n R

d

Taunton Rd W

Conlin Rd

Ritso

n R

d N

Tow

nlin

e Rd

.

Mary St N

Beatrice St

Cen

tral Park

Gran

deview

S

Adelaide Ave

King St EHarm

on

y Rd

S

Gran

deview

S

Wentworth St

Park Rd

S

Adelaide Ave

Bond St W

Cen

tre St.

Olive Ave

Bloor St.

Garrard

Rd

King St W

Rossland Rd

Ken

dalw

oo

d R

Gibb St

Manning Rd

An

derso

n St

Gard

en St

Ho

pkin

s St

Phillip Murr

Stevenso

n R

d

Park Rd

S

Bloor St

Simcoe St S

Wilso

n R

d S

Bro

ck St S

Wentworth St

Blair St

Tho

rnto

n R

d

Hen

ry StB

rock

St N

Blair St

Ced

arbro

ok T

Bald

win

St ND

uffs R

d

12

Garrard

Rd

Harm

on

y Rd

N

Wilso

n R

d N

Stevenso

n R

d

Garrard

Rd G

rand

eview S

8 Concession

Rossland/Winchester R

Church St E

7

Finch Ave

Go

rdo

n St

Sho

al Poin

t Rd

Pickering

Beach

Rd

Ch

urch

St SSpru

ce Hill

Kingston Rd

Sheppard Ave

Ritso

n R

d S

Dryden Bv

Simcoe St N

Co

chran

e St

8

City ofPickering

Town ofAjax

Town ofWhitby

Village ofBrooklin

Town ofOshawa

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME416.626.4889

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queenscorp.com | 416.354.2221

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

PRESENTAT ION CENTRE

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

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

$306,900START ING FROM

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

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

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

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

Sq. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. Footage:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. Footage:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. Footage:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

homebuyers’ help


perspectivecondos.ca | 416.242.3500* On select suites only. Limited time only, see sales representatives for details. Prices and specifications subject to change without notice. Renderings and images are for mood and impression only. E.&O.E 2013.

NEW PREVIEW CENTRE: 2893 BLOOR ST. W. (AT PRINCE EDWARD DR.)Hours: Monday - Thursday: 12pm - 6pm, Saturday - Sunday: 12pm - 5pm, Friday: Closed

EGLINTON AVE. W

DUNDAS ST. W

PRIN

CE

EDW

ARD

DR

.

SCAR

LETT

RD

.

BLOOR ST. W

SALESCENTRE

SITE

ISLI

NG

TON

AVE

.

427

401

DISCOVER PERSPECTIVE TODAYPerspective Condominiums is Etobicoke’s Landmark community at Scarlett Road & Eglinton. Overlooking the Humber Valley with spectacular panoramic park and city views, hiking and biking trails, golf courses and parks. Inspired and spacious interiors, club like amenities including podium rooftop with outdoor dining and lounging areas.

OCCUPANCY SPRING 2015

$279900

$395900

1 BED FROM

2 BED FROM

UNDER CONSTRUCTION& UNDER PRICED

093

condo profile

Get the White Glove treatment at

perspectiveRight-size your future with the caring professionals at Perspective Condos

pianosi Development Corp. is bringing an innovative White Glove Right-Size program to Perspective Condominiums, its successful west-end community.

With an impeccable location in an established Etobicoke neighbourhood overlooking the gorgeous Humber Valley, Perspective Condominiums is the ideal move for so many homeowners who are feeling the allure of condo living. Whether you’ve got too much space now that the kids are gone, or you’re simply too busy to mow the lawn, shovel the snow and wash the windows, you can take advantage of the equity in your home to build an idyllic new life.

094 february 1 - 15, 2014 new condo Guide 095

Get the White Glove treatment at

perspectiveRight-size your future with the caring professionals at Perspective Condos

But moving – especially downsizing – can be a daunting task, and that’s where the White Glove Right-Size program and the knowledgeable advisers at Perspective come in. It’s as easy as 1, 2, 3!

1Get in touch and let them know you’re ready for a

more carefree life.

2Let them help you with every aspect of your move,

whether that means matching up closing dates, getting interim financing, or finding a selling agent, condo lawyer, decorator to advise which pieces of furniture you should incorporate into your new life, home stager, art appraiser, mover or personal organizer

— whatever you need, their caring staff can help, and with no financial interest in the choices you make, you’ll never feel pressured.

3Come home to Perspective, and start

enjoying the multitude of amenities and conveniences this building and this neighbourhood have to offer!Sometimes having equity tied

With an impeccable location in an established etobicoke neiGhbourhood overlookinG the GorGeous humber valley, perspective condominiums is the ideal move for so many homeoWners Who are feelinG the allure of condo livinG

up in your home likely means it may be difficult to come up with a down payment. The experts at Pianosi will work with you to tailor a solution that suits, starting with just a five-per-cent deposit.

Timing the market is often a concern, too, but the GTA is perfectly positioned right now to make such a move. Prices in the condo market are stable, while resale home prices continue to climb. That means you can lock in the best possible price on your new condominium now, and then enjoy the appreciation of your current home for at least another year.

The neighbourhood beckons with flowing water and endless green vistas, countless golf courses, the Humber Valley trail system and charming James Gardens on the doorstep, and yet it’s minutes from Sherway Gardens, Pearson Airport, Hwy. 401, the future Eglinton Crosstown LRT and the downtown core. You’ll love every day at Perspective, especially when it starts with a swim in the sparkling indoor pool or putting a bucket of balls in the golf simulator, and ends with a game of billiards or a movie in the media lounge with your favourite guests. With the first phase already under construction, you can be enjoying your carefree condo life by the spring of 2015.

Experience the White Glove Right-Size program, and you’ll wonder why you stayed put this long! From the classical Turner Fleischer Architects-designed exterior to the warm, sumptuous Bryon Patton-designed interior, Perspective takes pride of ownership to new heights. The suites at Perspective Condominiums start in the $200’s for up to nearly 1,200 sq. ft. in one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den layouts.

visit perspectivecondos.com to find out more, or visit the presentation centre in person at 2893 Bloor st. w., open Monday to thursday from noon to 6 p.m.; saturday and sunday from noon to 5 p.m. call 416.242.3500 or email [email protected].

094 february 1 - 15, 2014 new condo Guide 095

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

Search yourfavourite neighbourhood

Find out about nearbyservices and amenities

View new construction projectsand register to get the latest info

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

IN THE MARKET FOR A

NEW HOUSE OR A CONDO?

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cloud9condos.ca • 416.747.0199* Offer is for a limited time only and may be withdrawn at any time without notice. See Sales Representative for complete details. Prices and specification subject to change without notice. Exclusive listing broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E.&O.E. 2014.

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

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

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

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

The Clairington by Castleridge Homes Active adult living in a park-side condominium in Brampton. Web: TheClairington.com

Courtyards of Maple by Marino/Intercity/TriAxis European-inspired condos coming soon to Maple. Register now to stay informed. Web: CourtyardsOfMaple.com

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

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

previews & registrations

new releases & grand openings

Marquee Townhomes at Pinnacle Uptown by Pinnacle International Limited collection of 100 townhomes now on sale at Hurontario and Eglinton. Web: PinnacleUptown.com

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

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

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

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

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

The Towns at Parkside Village by Amacon Developments Offering the convenience of downtown living with the tranquility of a suburban context. Now open. Web: LifeAtParkside.com

Upper Village Markham by Greenpark North Tower now selling at UV2 in Markham. South Tower is sold and occupied. Web: uv2.ca

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

coNdo watch

100 New coNdo GuIde february 1 - 15, 2014

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

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

GTA EditionFebruary 1 - 15, 2014

905

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A

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

Brampton

Mississauga

Oakville

Caledon

Bolton

Hurontario St

25th

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1st Line W

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Mississauga Rd

Creditview Rd

Chinguacousy Rd

Heart Lake Rd

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20th

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Sixth Line

9th Line

10th Line

3rd Line2nd Line

5th Line4th Line

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Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

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Colonial Dr

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Erindale Station Rd

Mavis Rd

Wolfedale Rd


Rath

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Edenwood Dr

Derry

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Millcreek Dr

Erin Mills Pkwy

Mississauga Rd

Erin Mills Pkwy

Creditview Rd

38

4 Line Rd

Burn

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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

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d41

0

401

QEW

QEW

403

401

403

25

27

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3

32

344

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3

5

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17

16

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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

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Cannington

Barrie

Georgian Bay

Midland Tay

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Alliston,

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400

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7

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69

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27

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24

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Key Maps

North

LAKE ONTARIOLAKE ONTARIO

HaldimandHaldimand

401

401

QEW

QEW

QEW

7

403

403

CAMBRIDGE

Puslinch

Guelph

Ayr

6

68

6

3

3

3

Oakville

Milton

BurlingtonCarlisle

Flamborough

ParisStoney Creek

Dundas

Grimsby

Port Dover

Glanbrook

Ancaster

West Lincoln

Virgil

Niagara-on-the-Lake

Beamsville Vineland

Port Dalhousie

Lincoln

Thorold

Chippawa

Scotland

St. George

Fonthill

Fort Erie

Welland

Nanticoke

New Credit

Dunnville Port Colborne

Halton Hills

HAMILTON

ST. CATHARINES

NIAGARA FALLS

BRANTFORD

To LONDON

MISSISSAUGA

BRAMPTON

15

Key Maps

Further West

102

905

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2 GREAT GuLF HOMES Corporate greatgulf.com • Insert 16K

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

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

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

4 CONSERvATORY GROuP Mirage 905-232-2400 • from $270,000 20K

5 AMACON PSv2 905-273-9333 • 18M

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

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

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

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

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

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

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

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

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

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

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

27 INzOLA GROuP Park Place 905-451-7001 • from $310,000 14G

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $250,000 20L

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

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

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

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

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

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

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

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

Town ofMarkham

ThornhillMarkham

Richmond HillMaple

404

404

400

400

7

407

407407 4077

77

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McC

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Ken

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18 Ave

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Major Mackenzie

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Ald

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Denison St

11 Co

ncessio

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Carlton Rd

Hwy 7

14 Ave

Yon

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Hen

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ve

John St

Steeles Ave E

404

9 Line

16 AveW

oo

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Bullock Dr

Kirby Rd

12 Line R

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Nashville Rd

King-Vaughan RdCo

ld C

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Hw

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7

Hu

ntin

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n

Langstaff Rd

50

Islington Ave

Steeles Ave W

Clarence St

Kip

ling

Ave

Teston Rd

Westo

n R

d

Pine V

alley Cr

Major Mackenzie

Jane St

Langstaff Rd

Rutherford Rd

Keele St B

athu

rst St

Du

fferin St

Clark Ave W

Centre St

King Rd Yon

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Jefferson Sideroad

Bloomington Sideroad

Leslie St

Bayview

Ave

19th Ave.

Yorklan

d St

Neal D

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Elgin Mills Rd

Regent St

Major MacKenzieMill St

Gamble Rd

Den

ham

Dr

Weldrick Rd W

Strathearn

Ave

16th Ave.10

13

3231

2

15

45

3412

62

22

40

2641

20

2925

11

124

4

8

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14






City ofPickering

Town ofAjax

Town ofWhitby

Town ofO shawa

401

401

401

28

Key MapsEast

104

13 LIBERTY DEvELOPMENT CORP. Legacy Park 905-731-8302 • from $280,000 37 10G

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

43 GuIzzETTI DEvELOPMENTS Grand Palace 905-907-4370 • from $295,000 105 12E

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

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

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

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

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

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

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

11 TRIAxIS DEvELOPMENT INC/MARINO DEvELOPMENTS Courtyards of Maple 416-798-7070 • from $390,000 8E

12 GREENPARK HOMES uv2 905-554-6501 • from $253,000 22F

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

14 REMINGTON GROuP The Signature Condominium 905-948-9900 • from $250,000 18F

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

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

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

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

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

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

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

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

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

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

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

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

41 QuADCAM DEvELOPMENT GROuP INC vista Parc Condominiums 905-850-8883 • from $260,000 3F

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

$295,000*STARTING FROM

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style file

there are few things more traditional than a hearth at the heart of a home. Whether you prefer a Colonial style, industrial loft look or Zen minimalism, the image of family and friends gathered around a crackling fire is universally appealing. Although central heating has been commonplace for the better part of a century, the fireplace still holds a place of honour in our homes. Regardless of whether we live in a condo on the 22nd floor of a highrise or a sprawling suburban split-level, fireplaces are iconic features of domestic design.

Changing technologies have radically altered fireplace aesthetics. Natural gas, propane, ethanol and even electricity have replaced the traditional wood-burning fireplace, making for

easier installations and flexible placements within modern living spaces. Masonry structures that were once a fire-safety essential are no longer necessary for many wood-burning fireplace inserts. Although the design options for fireplaces are now endless, it is important to remember the hearth’s traditional role within a home. Here are some tips to help you turn your fireplace into a feature with substance:

1. Choose the right fireplaCe for your needsConsider both aesthetics and function when selecting a fireplace. Size is the first factor, as the fireplace should be proportional to the wall and the space. It is also important to obtain the

Contemporary fireplaces

Using tradition to design fire features with substance// by khai foo

106 new Condo guide february 1 - 15, 2014 february 1 - 15, 2014 new Condo guide 107

Contemporary fireplaces

Using tradition to design fire features with substance// by khai foo

dimensions of the fireplace opening that will be visible after the unit is installed and the wall is finished. The fire “viewing area” is often much smaller than the size of the unit may suggest. If you are retrofitting, determine how much you want the fireplace to project into the room. From the functional side, consider how often you will use the fireplace, how much heat you want it to provide, and if the heat output is appropriate for the room size. If you want a large fireplace in a small room, you may be able to work around the heat output by choosing an ethanol fire over natural gas. There is a wide range of options so it is a good idea to explore online resources and visit local fireplace dealers for more information.

2. Build it inMost contemporary fireplaces can be installed with minimal modification to the existing structure; some can be even be hung on the wall, which is a great option for condo living. The design challenge however, is making your fireplace look like a solid, central component of your home, rather than an afterthought. Fireplaces tend to look best when they appear to be built in. Again, there are firebox choices available to suit most needs, including models for rooms with no access to a gas line or exterior venting. If a fireplace must project into a room, consider building floor-to-ceiling, rather than creating a build-out around just the firebox. All fireplace types, regardless of fuel, offer options that can be built right into walls.

3. use materials that Convey mass and suBstanCeThe benefits of installation flexibility come with potential design pitfalls. Where traditional hearths require massive structures by necessity, contemporary fireplaces are the opposite. The consequent aesthetic risk is that fireplaces can end up looking insubstantial or even illogical if boxed in drywall. Choosing a material like concrete, stone or even porcelain to clad the wall around the firebox, will naturally communicate weight and bring a strong material presence to a room.

4. respeCt teCtoniCsDesign elements look best when they appear to obey the basic rules of construction. For example, heavy stone veneer looks out of place floating above an insubstantial wood screen, and

Most contemporary fireplaces can be installed with minimal modification to the existing structure; some can be even be hung on the wall, which is a great option for condo living

106 new Condo guide february 1 - 15, 2014 february 1 - 15, 2014 new Condo guide 107

even applied motifs like columns and lintels should obey the laws of physics. Although modern materials make for unlimited design options, following the logic of traditional building forms tends to give the best results and helps you to avoid designs that look strange.

For example, when cladding a fireplace feature wall in a concrete tile, the tile should go floor-to-ceiling and corner-to-corner when possible and avoid arbitrary breaks. Tile patterns should allow pieces to bear down on each other, and ultimately, the floor. This emulation of a traditional chimney chase will “feel more right” when compared with allowing a fireplace insert to determine the structure.

While modern heating and ventilation systems continue to lessen the “need” for fireplaces in homes, our love of the hearth persists and more options exist with greater installation ease and flexibility than ever before. You can now put a fireplace in virtually any room in any home.

Paloform president Khai Foo prides himself on fostering a company that practices meticulous attention to detail and a culture of care, embodied in the principles behind the brand. The Vancouver native worked as a visual artist for five years. Switching canvas for concrete in 1995, he began creating custom cast concrete décor, including everything from countertops to fireplace surrounds, tiles to architectural details. Growing up, Khai experienced the fireplace as the primary source of heat and saw the beauty in gathering around a home’s hearth or backyard bonfire. In 2010, he moved from Vancouver to Toronto and founded the modern fireplace and fire pit manufacturing company, Paloform. Using Canadian materials and manufacturing just outside Toronto, Paloform produces fireplace façades, claddings and fire pits that are hand-crafted from high-performance concrete and steel. Visit paloform.com.

When designing a fireplace, remember the hearth’s historic purpose and create a feature that speaks to both substance and style.


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

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

homebuyers’ help

condo buyers’

february 1 - 15, 2014 new Condo Guide 109

Calculate your mortgage payments

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

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

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

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

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

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

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

interest rate

example: 5%

chart figure

5.82

mortgage amount ÷ 1,000

125 (mortgage amount $125,000)

monthly payment

$25 years

amortization period

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

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

homebuyers’ help

110 new Condo Guide february 1 - 15, 2014 february 1 - 15, 2014 new Condo Guide 111

3.00% 9.65 6.90 5.54 4.73 4.21

3.25% 9.76 7.02 5.66 4.86 4.34

3.50% 9.88 7.14 5.79 4.99 4.48

3.75% 9.99 7.26 5.91 5.13 4.61

4.00% 10.11 7.38 6.04 5.26 4.76

4.25% 10.23 7.50 6.17 5.40 4.90

4.50% 10.34 7.63 6.30 5.53 5.04

4.75% 10.46 7.75 6.44 5.67 5.19

5.00% 10.58 7.88 6.57 5.82 5.34

5.25% 10.70 8.01 6.74 5.96 5.49

5.50% 10.82 8.14 6.85 6.10 5.64

5.75% 10.94 8.27 6.98 6.25 5.79

6.00% 11.07 8.40 7.12 6.40 5.95

6.25% 11.19 8.53 7.26 6.55 6.11

6.50% 11.31 8.66 7.41 6.70 6.26

6.75% 11.43 8.80 7.55 6.85 6.42

7.00% 11.56 8.93 7.69 7.00 6.59

7.25% 11.68 9.07 7.84 7.16 6.75

7.50% 11.81 9.21 7.99 7.32 6.91

7.75% 11.94 9.34 8.14 7.47 7.08

8.00% 12.06 9.48 8.28 7.63 7.25

8.25% 12.19 9.62 8.44 7.79 7.42

8.50% 12.32 9.76 8.59 7.95 7.59

8.75% 12.45 9.90 8.74 8.12 7.76

9.00% 12.58 10.05 8.86 8.28 7.93

9.25% 12.71 10.19 9.05 8.45 8.10

9.50% 12.84 10.33 9.20 8.62 8.28

9.75% 12.97 10.48 9.36 8.78 8.45

10.00% 13.10 10.63 9.52 8.95 8.63

10.25% 13.24 10.77 9.68 9.12 8.80

10.50% 13.37 10.92 9.84 9.29 8.98

10.75% 13.50 11.06 10.00 9.46 9.16

11.00% 13.64 11.22 10.16 9.63 9.34

11.25% 13.77 11.36 10.32 9.80 9.52

11.50% 13.91 11.52 10.49 9.97 9.70

11.75% 14.04 11.66 10.65 10.15 9.88

12.00% 14.18 11.82 10.81 10.32 10.06

12.25% 14.32 11.97 10.98 10.49 10.25

12.50% 14.46 12.13 11.15 10.67 10.43

12.75% 14.59 12.28 11.31 10.85 10.61

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

% amortization periods

inTeresT raTes

10 years

15 years

20 years

25 years

30 years

mortgage payment calculation chart

110 new Condo Guide february 1 - 15, 2014 february 1 - 15, 2014 new Condo Guide 111

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MOVE IN NOW


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PHONE416.620.1887

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6 EVA ROADETOBICOKE



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INSIDE THIS ISSUE

TAX TIPS FOR HOMEBUYERS

TORONTO: NORTH AMERICA’S CONDO BOOMTOWN

STYLE FILE: SPLURGE VS. SAVE

February 1 - 15, 2014 Volume 18 Issue 03

[ 3-WEEK ISSUE ]

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INSIDE THIS ISSUE

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STARTING THE NEW YEARWITH A NEW ATTITUDE

THE MYTH OF THE CONDO BUBBLE

TIPS TO OPERATE YOURNEW HOME IN WINTER

COME HOME TO NATURE AT

Spring Valley

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CharTered banKs Variable 6 months 1 year 2 years 3 years 4 years 5 years

aTb financial 2.7 2.94 2.89 2.99 3.39 3.69 6.30op 6.30op 6.50op

alterna Svgs/alterna bk 3 4 3.09 3.14 3.19 3.35 3.59 6.30op 6.30op

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

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

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

Cff bank 3.69 3.75 3.79 3.79 3.69

CIbC 3 3.09 2.79 2.99 3.39 3.69 6.70op 6.35op

HSbC bank Canada 3 4.45 2.7 3.95 3.13 4.99 3.69 6.20op 6.35op

ICICI bank Canada 3.05 3.15 3.65 3.64 3.69 3.89

ING Direct 3 3.19 3.24 3.59 3.69 4.09

Manulife bank 2.7 4.45 3 3.05 3.1 3.4 3.59 4.00op

National bank n/a 4.4 3.14 3.14 3.95 4.64 5.24 6.70op 6.70op

President’s Choice financial 3 3.24 3.59 3.69 4.09

royal bank 3 3.14 3.04 3.75 3.39 3.69 6.30op 6.30op

TD Canada Trust 3 3.09 2.89 3.75 4.64 3.69 6.30op

TrusT Companies

Community Trust n/a 6.5 3.14 3.25 3.95 4.74 5.34

effort Trust n/a 4.45 3.25 3.6 3.95 4.7 4.95 6.30op 6.30op

Home Trust Company 2.6 3.95 2.89 2.89 3.09 3.39 3.49

Investors Group Trust n/a 4.2 3.14 3.14 3.9 4.64 5.24 6.50op 6.30op

MTCC 2.6 4.55 3.75 2.79 3.99 4.39 3.49 6.45op 6.50op

oTher FinanCial insTiTuTions

airline financial C.u. 4 3.01 3.1 3.33 3.65 3.99 6.25op

Comtech Credit union 2.95 6.2 2.99 3.25 3.29 3.24 3.59 6.40op 6.30op

first National fin. LP 3.95 2.99 2.69 2.99 3.39 3.49

firstOntario C.u. 2.7 3.09 3.14 3.29 3.34 3.49 6.34op 6.34op

London Life n/a 4.2 3.14 3.14 3.95 4.74 5.34 6.50op 6.30op

Luminus financial 2.95 3.2 2.8 2.95 3.55 3.6 6.3

MCaP 2.65 3.6 3.95 4.35 4.89 5.14 7.00op

Meridian Credit union 2.75 4 3.09 3.14 3.65 3.49 3.59 6.30op

Parama Credit union 2.85 3.05 3.1 3.25 3.4 3.6

Steinbach Credit union 2.5 2.7 3 3.1 3.25 3.45

homebuyers’ help

Compare mortgage rates for your best deal

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. all rates are prime rates and subject to change without notice.r.o.r. raTeS ON reQueST op OPeN ----- NOT QuOTING n/a NOT aVaILabLeJan. 27, 2014. Prepared by fiscal agents financial Information Services 905.844.7700

february 1 - 15, 2014 new Condo Guide 113

45 Charles Ltd. - Chaz Yorkville Condos 31

Baywood Homes - TEN93 Queen West 8-9

Bazis Inc. - E Condos 19

Bazis Inc. - No1 Yorkville 5

Brandy Lane Homes - The Station 55

Camrost - Felcorp - Imperial Plaza 3

Camrost - Felcorp - The Cumberland 1

Chinese Home & Condo Guide - Promo 42

City Core - Harmony Village Sheppard 67

Concord Adex - FWD Condominiums 29

Cresford Development Corp. - 1000 Bay IBC

Cresford Development Corp. - CASA 2 IBC

Cresford Development Corp. - CASA III IBC

Cresford Development Corp. - Lofts 399 IBC

Cresford Development Corp. - Merton Yonge Condominiums 116 & IBC

Cresford Development Corp. - NXT IBC

Digital Device - Promo 115

Dundee Kilmer Developments - Canary District Condominiums 43

Eden Shaw - Chaz Yorkville Condos 31

ELAD Canada - Emerald City Condominiums 75

Empire Communities - Rain Condominiums 6

Empire Communities - The HUB 6

Empire Communities - The Mark 6

Empire Communities - Water Tower at Eau Du Soleil 7

Family of magazines - Promo 112

Fernbrook Homes/Cityzen Dev. - Garrison Point 57

Fieldgate Homes - 90 Niagara 53

Fieldgate Homes - BILD 52

Great Gulf Homes - Corporate Insert

Great Gulf Homes - Monde Insert

Great Gulf Homes - One Bloor Residences Insert

Guizzetti Developments - Grand Palace 105

Home Decor & Renovations - Promo 98

Lamb Development Corp. - The Harlowe 71

Lanterra Developments - The Britt 11

Lanterra Developments - Treviso III 23

Lash Group of Companies - Cloud 9 Condominiums 99

Liberty Development Corp. - Centro Square Condos 2 36

Liberty Development Corp. - Legacy Park 37

Liberty Development Corp. - Royal Gardens 35

Liberty Development Corp. - Terrace on Danforth 35

Liberty Development Corp. - World on Yonge 35

Lifetime Developments - The Bond Condominiums 27

Lindvest - Grand Cornell Brownstones in Markham 97

Luxury Condos - Promo 78

Malibu Investments Inc. - Model Suite of the Month 50

Malibu Investments Inc. - Smart House 51

Menkes Developments Inc. - 87 Peter Insert

Menkes Developments Inc. - Corporate Insert

Metropia - E Condos 19

MintoUrban Communities Inc. - 30 Roe 73

Monarch Corporation - Corporate Insert

Monarch Corporation - Riva del Lago Insert

Neilas Inc./ Brad J. Lamb Realty Inc. - Free First Time Buyer Workshop 69

Neudorfer Corporation - Fuse Condos 77

Pemberton Group - TEN93 Queen West 8-9

Pianosi Developments - Perspective Condos 93

Pinnacle International - Corporate 58-59

Queenscorp Residences - Watermark 91

Rio Can - E Condos 19

Rockport Group - The Nest 61

Shopping Guide - Promo 56

The Daniels Corporation - High Park Condominiums 15

The Daniels Corporation - NY2 25

The Daniels Corporation - One Park Place South Tower 39

Tribute Communities - The College 47

Tridel Corporation - 101 Erskine IFC

Tridel Corporation - Spadina Queen IFC

Tridel Corporation - Trio at Atria IFC

Tridel Corporation - West Village IFC & BC

Urban Capital - Smart House 51

Worsley Urban Partners - Totem Condominium 65

Your First Home & Condo - Promo 90

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NEWCONDOGUIDE.COMFEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 115

Move in Now Yonge & Merton

Urban TownhomesFrom the mid $500’s

Tower Suites From the mid $300’s

416.484.1900

Under Construction Yorkville

From the high $200’sPenthouses Coming Soon

416.486.CASA (2272)

Under Construction Bay & Bloor

From the high $300’s 416.485.3000

1THOUSAND BAYCONDOMINIUMS ON THE PARK

Move in NowWindermere by the Lake

From the mid $300’s416.977.5300

Move in Now King West

From the high $500’s 416.867.3999

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FroM CoveTed LoCATionS To FAShion-ForWArd deSign

To SophiSTiCATed AMeniTieS, CreSFord deveLopMenTS

deFineS The eSSenCe oF LUxUrY CondoMiniUM Living.

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deTAiL. A TrUSTed nAMe in The MArKeT For over 30 YeArS,

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VISIT OUR PRESENTATION CENTRE AT 170 MERTON ST.

BroKerS proTeCTed. priCeS And SpeCiFiCATionS Are SUBjeCT To ChAnge WiThoUT noTiCe. iLLUSTrATionS Are ArTiST ConCepT. e.&o.e.

CRESFORD.LOCATION.DESIGN.DETAIL.INSPIRATION.FASHION.STYLE.TRUST.

cresford.com

M E R T O N Y O N G E T O W N H O M E S

view

StyliSh CondoS & townS at 1815 yonge Street.Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. It’s your life, your style, your way. Visit the Presentation Centre at 170 Merton Street.

Penthouse from the $800’sTownhomes from the mid $500’sTower Suites from the mid $300’s

BrokerS ProteCted. PrICeS and SPeCIfICatIonS are SuBjeCt to Change wIthout notICe. IlluStratIonS are artISt ConCePt. e.&o.e.

EGLINTON

DAVISVILLE

YO

NG

E

TTCSUBWAY

N

➤

SITE

MERTON

ST. CLAIR

PRESENTATIONCENTRE

aCtual South VIew

416.484.1900 myccondo.com

Move in now!

6.875” x 10.5” IGF 7.25” x 10.5” IFC

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tridel.com*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. January 2014.

AN URBAN OASIS AT YONGE & EGLINTON.

ETOBICOKE’S NEW VILLAGEMOVE IN NOW.

Maximize your living space with a smartly designed suite. Open-concept living and dining rooms with modern styling fl ow into designer kitchens featuring built-in appliances. 101 Erskine is conveniently located mere steps from prestigious shopping, dining and entertainment.

West Village is getting ready to welcome you. A vibrant urban community close to great shopping, dining and entertainment, plus nature trails. From West Village you can get anywhere with ease: near major highways, TTC and the airport.

Facebook.com/Tridel Twitter.com/Tridel

ONE OF TORONTO’S MOST DRAMATIC NEW CONDOS.Discover a modern, geometric design that steps away from the typical condo aesthetic in the epicentre of downtown Toronto. SQ is where people in the know want to live. Inventive, imaginative and inspiring.


THE NEXT GREAT PHASE OF THE ATRIA COMMUNITY.Located within the master planned Atria community, TRIO is the most desirable new place to live in North York. Close to Fairview Mall and the proposed Sheppard Avenue East LRT**. An exquisite residence adjoining a lush park.

GRAND OPENING GRAND OPENING GRAND OPENING MOVE IN NOWSuites from $258,000* Suites from the Mid $300’s* Suites from $290,000*Suites from $286,000*

Signature and Penthouse Collection Suites also available from $854,000*

Nine Signature Townhomes available from $895,000*

PRESENTATION CENTRE:2255 Sheppard Ave. E., Unit 120, North York

PRESENTATION CENTRE:519 Queen Street West, Toronto

PRESENTATION CENTRE:6 Eva Road, Etobicoke (north of Bloor Street W., off The West Mall)

PRESENTATION CENTRE:2611 Yonge Street at Sheldrake Blvd., Toronto


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6.875" x 10.5" OGF7.25" x 10.5" OFCfold

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MOVE IN NOW

MOVE IN NOW


[email protected]

CONTACTUS

PHONE416.620.1887

WEB TRIDEL.COM

Parking Included

PRICES


PRESENTATION CENTRE

6 EVA ROADETOBICOKE



tridel.com


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