GTA New Condo Guide, Apr 12, 2014

Now its easier than ever to live in High Park

ALRE

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416.351.1844 danielshighpark.com

INSIDE THIS ISSUE

GOING GREEN FROM THE GROUND UP

5 THINGS CONDO INVESTORS SHOULD KNOW

A MORTGAGE THAT MEETS YOUR NEEDS

April 12 - 26, 2014 Volume 18 Issue 08

[ 3-WEEK ISSUE ]

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6.875" x 10.5" OGFfold

Tridel. Everywhere you want to be.

tridel.com

TRI 23481 CG GF IFC OBC Apr 14.indd 1 4/2/2014 10:19 AM

FOR THOSE IN THE KNOW.PREVIEW REGISTRATION | CUMBERLANDTOWER.COMPRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. ILLUSTRATION IS ARTISTS CONCEPT.

COMING SOON

A NEW SIGNATURE RESIDENCE

AT CUMBERLAND AND AVENUE ROAD

FROM $349,900

THIS IS YORKVILLE

AT ITS VERY BEST.

EDITORS NOTE

TAKING THE LEAP

LYDIA MCNUTTEDITOR

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/LydiasTweets

SUSAN LEGGEEDITOR-IN-CHIEF

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/SusanLegge

Like us on Facebook Search: Condo Guide

The Bank of Canadas latest announcement to hold its interest rate target at one per cent does not come as a surprise. The experts expect that to hold steady at the next BoC rate announcement coming up on April 16, and well into mid-2014. The rate has been holding at that level since September 2010, which is good news if youre in the market for a mortgage.

There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, youre protected if rates rise; if they go down, youll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you dont have to wait to get financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the conditional on financing clause could mean your offer is accepted first since you already have your financing in place.

So when will rates rise? Its anyones guess, but most experts agree its unlikely there will be any significant movement until mid-year.

However, we cant assume that will be the case, and you shouldnt wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier.

Start the spring season off right by taking advantage while you still can.

GREAT RATES HOLDING STEADY

A home is probably the biggest purchase youll make in your lifetime, and its also arguably the one that will bring you and your loved ones the most joy. In the long run, real estate is generally a sound investment that yields security and a good return, should you ever decide to sell. And if youre looking for immediate gratification, nothing beats the feeling of stepping through the door and knowing youve arrived home.

There are about as many different types of condos out there as there are types of buyers. Whether youre leaning toward a small-but-sweet loft in the downtown core, with every imaginable amenity steps from your front door, or you have your eye on a spacious townhome in a quiet part of town, rest assured that the perfect home is out there for you!

Its important to keep an open mind but also know what you want. You may have your heart set on a two-bedroom condo but can you live with one bedroom in the interest of a balcony or rooftop patio? You decide. You may be surprised at where you end up.

Heres where it helps to make a list. Note your must-haves and know what youre willing to compromise on. Dont forget to check out the amenity spaces. While not within your four walls, the lobby, fitness facilities, barbecue areas and the like are an extension of your living space, impacting your lifestyle while you live there as well as the resale value when you choose to sell.

Buying a home is an important purchase, but dont be a victim of over-analysis paralysis. Have fun and enjoy the ride!

002 NEW CONDO GUIDE APRIL 12 - 26, 2014

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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 BILDs official blog (bildblogs.ca).

DESIGNER ADVICE Yanic SimardYanic Simard is New Condo Guides 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 Citytvs 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

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

MONEY MATTERS Gail Vaz-Oxlade Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade

CITY SCENE Brad J. LambBrad J. Lamb is president of Lamb Development Corp. and Brad J. Lamb Realty. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb

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


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// BY BRYAN TUCKEY BILD REPORT

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

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

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

BILDs official blog (bildblogs.ca).

Imagine a world in which everyone has a similar vision of what it takes to build a great city. Thats the vision of the home building and land development industry.

The industry faces many hurdles in executing great city plans but believes it will take the power of alignment to get Toronto and GTA to the next level. That means aligning all of the stakeholders involved: politicians and senior civil servants at both the municipal and provincial level, the industry, new-home buyers and the public.

As you can imagine, the GTA was a different place 40 years ago and today all of our partners must share a common vision of policies, values and outcomes to ensure that our industry can continue to build quality, complete communities for up to 100,000 people and 50,000 jobs that come to this vibrant region every year.

Recently, BILD and the Ontario Home Builders Association submitted two papers to the province on the Development Charges and Land Use Planning and Appeals consultations that offer up some very worthy solutions to make the development process more efficient.

Among our solutions, we believe that there is a lack of fair and consistent application of provincial planning policy through municipal planning documents across Ontario.

Its difficult to set a course for that new vision of building complete communities when many zoning bylaws around the GTA date back to the

1980s and 1990s, with some even from the 1950s. The lands most affected by outdated planning policies are often in

downtown areas and transit corridors. Both areas are earmarked in the provincial Growth Plan, Places to Grow, to be the focus of intensification. The problem is that landowners must apply to rezone the land at a costly price in order to build there.

The province must do more to encourage municipalities to update zoning bylaws to reflect the intent of Places to Grow by pre-zoning and pre-designating lands, streamlining the process of building approval so that municipalities can create a city that lives up to the goal of the provincial plans vision.

If municipalities updated their zoning bylaws as they refreshed their Official Plans (OPs), they would reduce unnecessary processing delays, which would save new-home buyers a lot of money and help them achieve their dreams of home ownership. Best of all, this shift in priorities doesnt have to cost taxpayers a penny. Its simply a change in using the public resources that are already in place.

Legally, Official Plans must be updated every five years and zoning bylaws within three years of an OP update. The province must take on greater responsibility to ensure municipalities are meeting this legislative requirement. This will lead to more certainty, fewer building delays and fewer appeals to the Ontario Municipal Board.

We are all in this together and we should all be part of the solution. The industry, the consumer and government partners must work collaboratively for solutions and with integrity. It is time to imagine the city region in 40 years and make that vision happen. Thats alignment.

Together with our partners in government, BILD will continue to work toward building safe, quality, complete communities that new-home buyers can afford to purchase. Why do we care so much? Because we live here, too.

Great city building requires SHARED VISION

We are all in this together and we should all be part of the solution


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TABLE OF CONTENTS

Apr 12 26, 2014 VOLUME 18 ISSUE 08

20

002 EDITORS NOTE

COLUMNISTS

010 BILD REPORT Great city building requires shared vision BY BRYAN TUCKEY

016 HOME SWEET HOME Headlines and market predictions vs. your reality BY LYDIA MCNUTT

030 LEGALLY SPEAKING The importance of the Pre-Closing Inspection BY JAYSON SCHWARZ

032 CONDO SENSE Keeping people moving across the GTA BY DON KEARNEY

033 THE MORTGAGE MINUTE Whats all the fuss about a market correction? BY PETER KINCH

054 CONDO PRO Up on the roof: Green in looks and lifestyle BY BARBARA LAWLOR

062 MORTGAGE FINESSE Choosing the right mortgage for you BY CALUM ROSS

070 TAXING ISSUES Selling an investment property BY HENRY CHOO CHONG

080 INVESTOR ADVICE Five things to know before buying an investment condo BY ANDREW LA FLEUR

086 QUICK TIPS Dont let your stuff control you BY HELLEN BUTTIGIEG

089 MONEY MATTERS Fixing your credit history BY GAIL VAZ-OXLADE

116 DESIGNER ADVICE Bedside looks BY YANIC SIMARD

122 MAKE YOUR MOVE Unpack your common sense BY CHUCK RESNICK

IN THE NEWS

014 CONDO OUTLOOK Condo markets still tracking soft landing

028 THE DANIELS CORP. Junior Jazz Jam 2014 launches at Paintbox Bistro in Regent Park

038 THE DANIELS CORP. Daniels and Habitat for Humanity Toronto turn over key at Cinema Tower

056 HOME BUYING REPORT First-time buyers increase budgets, while rising prices cause delays

116

COLUMNS, NEWS &

FEATURES

Daniels invites you to LIVE THE

HIGHPARK LIFESTYLE

CONDO PROFILES

52 URBAN CAPITAL River City Phase 3 River City goes extreme

68 EDILCAN DEVELOPMENT CORP. Triumph at Valhalla New release offers last chance to buy in Triumph at Valhalla

74 TOWER HILL DEVELOPMENTS 2221 Yonge Condominiums Two-year rental leaseback and two years free maintenance at Yonge and Eglinton

90 LAMB DEVELOPMENT CORP. The Harlowe Living at The Harlowe will be a special experience. Heres why.

92 EMPIRE COMMUNITIES The HUB New release of seven spacious units now available from $599,990

96 STREETCAR The Carnaby Collection New two-storey towns and penthouse loft condos at Queen and Gladstone

066 ROYAL LEPAGE Toronto housing market posts strong price appreciation in first quarter of 2014

072 CMHC REPORT March housing starts

076 TRIUMPH DEVELOPMENTS Community and convenience combined at second phase of Howard Park

078 TRIUMPH DEVELOPMENTS Living clean and Green at Howard Park Condominiums

094 ALFRED Digital butler takes care of dry cleaning and shoe shines BY LYDIA MCNUTT

098 LEMINE & DEVRON DEV. Urgently needed residential opportunities coming to Morningside and Ellesmere

100 CONCERT PROPERTIES Ground-breaking ushers in construction of 88 Scott

104 CURATED PROPERTIES Torontos first Yarn Bombing BY SONIA BELL

HOMEBUYERS HELP

050 HOT DATES Whats happening in and around the GTA

082 HOMEBUYERS HELP Considerations when taking a less conventional approach to buying property

088 CONDO WATCH 416 Previews, new releases and grand openings in the 416

102 CONDO HUNTERS CHECKLIST

114 CONDO WATCH 905 Previews, new releases and grand openings in the 905

129 CONDO BUYERS RESOURCE SECTION You love the home, see what you can afford

134 INDEX OF ADVERTISERS

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IN THE NEWS

CONDO MARKETS STILL TRACKING SOFT LANDING Genworth Canada releases Winter 2014 Metropolitan Condo Outlook

CONDOMINIUM MARKETS IN MOST CITIES WILL AVOID PRICE DECLINES IN

2014 and 2015, according to the latest Conference Board of Canada condo report released by Genworth Canada. The Winter 2014 Metropolitan Condo Outlook forecasts that urban centres of higher risk, like Toronto, are expected to see the condominium market cool, but still expect a soft landing. The outlook is generally stronger in Western cities, including Calgary and Edmonton and even the Vancouver market is improving.

With a variety of price points and central locations, condominiums remain an attractive and affordable option for those who want to be close to all that urban life has to offer, says Brian Hurley, chair and CEO of Genworth Canada. For first-time buyers, well-maintained buildings with reasonable maintenance fees provide that balance between responsible debt investment and home ownership.

All eight cities covered in the report, along with Canada as a whole, are forecast to enjoy employment and population growth in 2014 and over the next few years. These gains, along with low mortgage interest rates, continue to underpin housing demand. An aging population and rising housing prices should help ensure that condominiums, popular

with both empty-nesters and budget-conscious first-time buyers, capture a larger share of this expanding market.

Although many commentators view the Canadian condominium market as an overvalued bubble about to burst, we think it is only slightly overheated and enjoys sound economic underpinnings, says Robin Wiebe, senior economist at the Centre for Municipal Studies at The Conference Board of Canada.

As such, markets are likely to cool gently. To potential homebuyers, monthly mortgage payments, rather than house prices, are what matter and these should remain moderate.

Resale prices for condominiums are expected to rise in both 2014 and 2015 in Canadas major cities. Toronto condominium resale transactions are forecast to remain flat in 2014, then rise modestly; while condominium starts fell over 40 per cent last year as builders faced higher inventories, stronger absorptions will lift starts both in 2014 and 2015. For 2014, Calgary will see the largest growth at 3.3 per cent, and Vancouver the slowest at 1.5 per cent.

The Winter 2014 Metropolitan Condo Outlook forecasts that urban centres of higher risk, like Toronto, are expected to see the condominium market cool, but still expect a soft landing.


DONT WAITANSWER THE CALL OF THE NORTH416.351.1844danielshighpark.com

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

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WHERE MODERN URBANMEETS MOTHER NATURESophisticated Suite Finishes Dog Spa

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

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If you read my column in the March 29 issue of New Condo Guide (titled For Sale: An objective approach to an emotional decision) then youll remember my dread of having to endure weeks (possibly months) of painful open houses and showings. Well, lucky for us, that For Sale sign turned to Sold quicker than expected.

Now, those worries about selling our home have shifted to buying one and meeting everything on our must-have list budget and timing included.

HOME SWEET HOME // BY LYDIA MCNUTT

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

Lydias love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media,

where real estate rules. Email [email protected],

and follow her on Twitter @LydiasTweets

In a casual chat with a real estate agent about our plan selling our home first, then buying he advised me and my husband to take the reverse route and buy first. Its a sellers market, he said. Selling wont be the problem, its buying that you should be more concerned with.

Well, the agent was right on one count our house sold in a matter of days. But buying before selling? While the idea of taking our time to house hunt, pack and move appealed to us (my husband are I are both meticulous planners; we had our whole wedding timed, right down to the minute!), the possibility of paying two mortgages simultaneously, or settling for less than list price on our home in the interest of a quick sale, were certainly not in the plan. Ultimately, our comfort level dictated that selling before buying was the way to go. We now know exactly how much equity we have to put toward our new house, and we wont get stuck paying two mortgages. To us, this peace of mind is worth the risk of possible bidding wars and being beaten out by a bigger, better offer. If fact, we almost expect that scenario. After all, it is a sellers market, right?

While its a good idea to pay attention to the headlines and all the advice offered professional and otherwise take it with a grain of salt. You can never really predict what will happen in the real estate market, though many may try. Experts guess at where the market is going based on trends and historic data. And while the picture may look a certain way from a national, provincial or city-wide perspective, what happens from one street to the next, from one price range to the next, can differ dramatically. Your guess as to what the housing market holds in your specific circumstances is as good as anyones.

Is it a buyers or sellers market? Will prices rise or drop in the next few weeks while we search for the best home and the best deal? What will happen to mortgage interest rates in the short term? Should we buy now, or wait until the feverish, spring-time frenzy blows over? Rather than losing sleep worrying about things you cant predict or control, think about your own circumstances and plan your future based on your personal facts.

Take an honest look at your financial situation. Review your assets and debts, including mortgage (current and expected payments), car loans, lines of credit, student loans and other bills. Are you secure in your job? Are you planning to grow your family? Will you be taking parental leave from work, and if so, can you afford to pay all your bills on your now-decreased income? Once you figure out what your reality is and where your comfort level lies, youll be better equipped to make a decision without being bombarded by the latest headlines.

The key message? Buy when youre ready for the market, not when the market is ready for you.

Pick up the next issue of New Condo Guide for more on my continuing saga of selling and buying a home.

Headlines & market predictions versus YOUR REALITY


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

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

Our Grand Opening takes place April 12th!

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

Waterfront Boutique Condos from the $300s*

Visit MonarchGroup.net

GARDINER EXPRESSWAY

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Marine Parade Dr.

Par

k La

wn

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Sales Centre located at 2167 Lake Shore Blvd. W.Etobicoke, ON M8V 0A8416-495-3544

Riva is making a splash on the Humber Bay Shores waterfront. Private, personal boutique chic.This is Riva del Lago! A personal, private, refined condominium residence right on the waterfront. Glorious views. Spacious suite designs. All on a scale that connects you to the waterfront. Be there early, because Riva is not like the rest.

Renderings are artists concept and images are for mood and impression only. E.&O.E.

GRAND OPENING

April 12th weekend

first.discover moreMonarchGroup.netVisitMONARCHGROUP.NET

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

Riva makesa splash

MONARCH COMMUNITIES

SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays(Epicurean Sales Office is closed on Thursdays and Fridays)

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

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

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

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

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

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

Our Grand Opening takes place April 12th!

*Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifications and promotions are subject to change without notice. Renderings are artists concept and images are for mood and impression only. E.&O.E. 9379

discover moreMonarchGroup.net

Monarchfirst.In the Kingsway

EPICUREAN SALES CENTRE 4195 Dundas Street West (Entrance on Prince Edward Dr.) Etobicoke, ON Tel: 416-495-3530

SALES CENTRE HOURS: Mon.- Wed. 12pm - 6pm, Weekend & Holidays 12pm - 5pmClosed Thursdays & Fridays

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Youre ready for The Kingsway and the many comforts of Etobicokes most prestigious address. Experience assured elegance just a short stroll from the Humber River Valley, minutes from a world of shops, services and restaurants. At a price that will make you visit Monarch first.

Studios to 2 bed+densfrom 430 sq.ft. to 1175 sq.ft., some with large terraces!

Priced from the mid $200,000s*

ASK ABOUT OUR LIMITED TIME INCENTIVES

TOO TIGHTor

JUST RIGHT

Kingston&Co is first and foremost a home and a community. Because of this, its been designed around two important principles: first, that you need places to put your things; and second, that quality of space matters. Its for these reasons that our homes have ample storage and laundry rooms, walk-in closets and foyers, and why each one has its own private outdoor terrace. You also have access to a community rooftop garden.

Call us biased, but we would say that this focus on space is just right.

Will my things fit into a condo?

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

CONSTRUCTION STARTING THIS SPRING

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Presentation Offi ce located at 2300 Yonge Street, Lobby

BAZI-ECO-A-AD-CONDOGUIDE-FEB4-2.indd 1 14-02-04 4:30 PM


COVER STORY

FOR NEW HOME VALUE IN A SPECTACULAR TORONTO LOCATION, The Daniels Corporation holds the compass and can point you in the right direction. Go north to HighPark Condominiums! Already under construction, this is one of Torontos most coveted new communities, and location tops the list of reasons why. It is situated in the established neighbourhood of Bloor West Village between Oakmount Road and Pacific Avenue and directly across the street from the citys largest urban park High Park. The residence is also steps to subway stops and fabulous Bloor West Village with its eclectic shops, markets, bakeries and eateries. City and park views from the suites will be breathtaking.

And if value is also on your list of must-haves, youre getting warmer. Prices begin from the $300,000s, which is phenomenal for a brand new condominium in this location. Plus, Daniels is making it easier than ever

to become part of this highly desirable neighbourhood. For a limited time all of the north-facing suites receive a cash incentive, free parking and locker, one year of free maintenance, and you can live free with no interim occupancy fees (some restrictions apply; see a sales representative for full details).

Once complete, residents at HighPark Condominiums will be able to enjoy 18,000 sq. ft. of amenities at The Parkside Club.

DANIELS INVITES YOU TO GO NORTH AND DISCOVER HOW EASY IT IS TO

LIVE THE HIGHPARK LIFESTYLE


Spanning three floors, this incredible club offers the opportunity to challenge yourself at the rock-climbing wall and weight studio, unwind in the sauna, enjoy a flick in the home theatre, and exercise your green thumb in the outdoor gardening plots. On the third floor, you will find a cardio studio, indoor/outdoor yoga and Pilates studio, party room, billiards room and outdoor barbecue lounge, sun deck and picnic area. The 10th floor will include the social room with a catering kitchen, and the outdoor terrace and indoor/outdoor fireside lounge and sun deck with panoramic views of High Park and city lights. Topping off the amenities list, Daniels has added a car-share program and a unique resident bike engagement/bike share program at HighPark Condominiums to encourage riding.

But thats not all, anchored by a landscaped courtyard on Bloor, the HighPark will feature a single-storey glass pavilion where over 15,000 sq. ft. of retail space will offer the epitome of convenience. In the lobby, residents will be welcomed home and can access 24-hour concierge service, and take advantage of the handy dog-washing station after walks in the park.

Suite choices range from studios to three-bedroom layouts in sizes from 320 to 1,047 sq. ft. Features

and finishes include stainless steel appliances and quartz countertops in the kitchen, marble countertops and porcelain flooring in the bathroom. ABOUT THE DANIELS CORPORATION The Daniels Corporation (danielshomes.ca) is one of Canadas preeminent builders/developers, building 30,000 new home communities across the Greater Toronto Area for 32 years. Daniels was named the Tarion Warranty Corporations 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park 69 acres in Torontos 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.

Its time to go north! Take advantage of these incredible incentives and a location Where Modern Urban Meets Mother Nature. Head to Daniels HighPark Condominiums presentation centre at 2150 Bloor St. W., open Monday, Tuesday and Thursday noon to 6 p.m.; Wednesdays noon to 8 p.m.; weekends and holidays from noon to 5 p.m. Call 416.351.1844, or visit DanielsHighPark.com.

For a limited time all of the north-facing suites receive a cash incentive, free parking and locker, one year of free maintenance, and you can live free with no interim occupancy fees


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7 M4101-1C.inddRoundJob Description: Mechanical Specifications: Contact:

Leo Burnett 175 Bloor Street E. North Tower, 13th Floor Toronto, ON M4W 3R9 (416) 925-5997

Client: TD BANKDocket #: 112-LTDCOFU4101Project: SMO MORTGAGE MAGAZINE Ad #: M4101-1C

Bleed: 8.5 x 11.25 Trim: 7.5 x 10 Live: 6.5 x 9File built at 100% 1 = 1

Acct. Mgr: GENEVIEVE/CHRISTIANCrea. Dir: LISA GREENBERGArt Dir: -Writer: -

Producer: BARRY DUROCHERStudio: GRAHAM BOWMANProofreader: PETER/RADYAH

Colours: 4C Start Date: 2-10-2014 4:39 PMRevision Date: 2-18-2014 1:46 PMPrint Scale: 100%

Comments: Calgary New Home Guide, Calgary Resale Home Guide, Edmonton New Home Guide, Edmonton New Condo Guide, Ontario New Home Guide-GTA, Ontario New Home Guide-Eastern, Ontario Condo Guide-GTA, Ontario Resale Home and Condo, New Home Guide-SWO, Vancouver

Publication: **see comments**

1 Conditions apply. See us for details. The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

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ontario.indd 1 2/19/14 12:29:52 PM


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

MOVE IN 90-180 DAYS!

*Deposit structure: $5000 with the offer, balance to 5% in 30 days, balance to 20% on occupancy. SOUTHAMPTON AND NOTTINGHAM ONLY, BALANCE TO 10% ON OCCUPANCY. ** Free Upgrades may vary depending on suite plan. (Suite 102 and 104 do not have gas hook up for fi replace and cook top). All promotions may be changed and/or cancelled at any time without notice. Prices and specifi cations subject to change without notice. *Please speak to Sales Representative for full details. Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifi cations subject to change without notice. Promotions may be changed and/or cancelled at any time without notice. Illustrations are artists concept. E.&O.E.

SPECIAL SUITE OF THE MONTH PROMOTION2 BEDROOM SOUTHAMPTON SUITE

1137 SQ. FT.*In addition to the current promotion

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

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

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


in the news

JUniOR JAZZ JAM 2014 LAUnChes At PAintBOX BistRO in ReGent PARKDaniels, Toronto Community Housing and JAZZ.FM91 make music together

AfteR A sUCCessfUL COnCeRt seRies in 2013, Jazz.FM91 together with presenting sponsors The Daniels Corporation and Toronto Community Housing are launching a new series of free monthly performances for children at Paintbox Bistro, in the heart of the Regent Park revitalization in Torontos Downtown East. The new series will run until August and feature six unique educational events for children and families.

Designed to foster an appreciation for the musical arts, the free series features a select group of exceptional entertainers who will present engaging musical concerts for children. Each Junior Jazz Jam will feature audience participation including singing, clapping and dancing, as well as the introduction of basic music concepts.

The Junior Jazz Jam series kicked off with the Sophia Perlman Quartet on Sat., Mar. 29 at the Paintbox Bistro during brunch service, offering families an enjoyable and engaging weekend activity in a relaxed and casual environment. The series will continue on Sat., Apr. 26 at 10 a.m. with Autorickshaw.

The free series features a select group of exceptional entertainers who will present engaging musical concerts for children

Additional series performances will follow on May 24 with Kwasi Dunyo; on June 14 with Thompson Egbo-Egbo Trio; on July 19 with Terra Hazelton Trio; and on August 16 with Lester McLean Trio.

028 new COndO GUide april 12 - 26, 2014

COMING THIS SPRING TO

Discover the most affordable homeownership opportunity in Toronto today! BUY WITH 5% DOWN PLUS... YOUR DOWN PAYMENT FROM 5% TO 15% INTEREST &PAYMENT FREE!*

SUITES FROM $199,900

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416.955.0559danielsoneparkplace.com

*The First Home Boost Program is only available on a limited number of suites. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

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for repairs. What does this all mean? Basically, when it is time to do the Pre-Closing Inspection, know that if you dont list it, you may not be able to compel the builder to fix it. Therefore, it is critical you list everything! Here is a minimum list of what I believe will help you in making sure you are covered:

01 Insist on having enough time to do the inspection and allow yourself enough time with no need to be anywhere else;

02 Write everything down yourself. Dont let the builders representative take charge;

03 Dont rush! Dont let the builders representative push you, and insist on moving at your own speed;

04 Write or mark down everything that is incomplete, broken or not working properly, no matter how small or seemingly insignificant;

05 Dont accept promises of repair during inspection if something is not right, mark it down;

06 Try every light, socket, tap, drain, toilet, door, lock, window, appliance, everything that could be defective now or go wrong later;

07 Watch for stains on carpets, scratches on wood floors, cracks in paint or drywall, and areas where the builder forgot a second coat of paint;

08 Look for water stains or spots on floors and walls, and if you see any, insist on knowing where they came from and why;

09 Houses: dont forget the exterior roof, drains, bricks, mouldings. Is there sod, is the grading complete and is your driveway in?

10 Condominiums: go check out the common areas lobbies, garbage rooms, parking areas, lockers, pools, tennis courts and health clubs. Remember, as a condo owner, you own part of these common areas, and if parts are incomplete or defective, put them on the list!

Remember that this inspection is, in all probability, the only chance you will have to deal with deficiencies, so make sure you check carefully. Some readers ask what happens if the builder rushes them or something happened and they did not get the opportunity to finish their inspection. The answer is to compile a complete list as soon as possible, and send it to the builder and to Tarion in order that the record is on file.

There is probably more to this, and I do not suggest that this list is complete. But I hope it helps in making you realize how important it is to

do a thorough job on the Pre-Closing Inspection.

legally speaking // by jayson schwarz

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

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

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

in this column, we are going to address a small but incredibly important part of the process of buying that new home, the Pre-Closing Inspection. As most of you know, included in the adjustments on the purchase of a new condo or house (but not a conversion or retrofit project) is the cost of your Tarion enrolment. Among the things you are covered for are defects in the completion of your new home. Most Agreements of Purchase and Sale make the deficiency list prepared as part of your final inspection the only basis

pre-closing inspection

The importance

of the

030

NEW PRICING FROM THE $300SONLY 5% DEPOSIT * UP TO $20,000 CASHBACK NEW FLOORPLANRELEASE10-FT CEILINGSAND ALL THAT CHAZ.The fantastic new floorplans at come with incredible views, 10-ft ceilings and premium features. Every ounce of style and grace youve come to expect from Yorkville, you can expect from the amenities and services that make up the Chaz Yorkville condominiums lifestyle. An upscale hotel style lobby. Landscaped private courtyard with barbecue deck. Library lounge with fireplace. High-tech gaming zone. State-of-the-art fitness facility. Pet spa. And the ultimate Chaz Club on the 36th and 37th floors with breathtaking views. Live steps from the subway, designer shopping, dining and culture. For prestigious Yorkville living, the

Sky is the limit. ACT NOW!

EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS.

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.

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

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CHAR 33088 Condo Guide.indd 1 04/04/14 2:45 PM


condo sense // by don kearney

Don Kearney is manager of customer communications and social media at

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

As the City of Toronto and the surrounding municipalities continue to grow, the need for improved methods of getting around also increases. We often hear of the importance of more transportation options and how we need new projects but we often forget there are a number of current projects on the go that will help move us to where we need to go for work and for play.

The Union Pearson Express will connect Terminal 1 at the Lester B. Pearson International Airport with Union Station in downtown Toronto and includes two stops at the Bloor and Weston GO Stations. A train will leave Pearson every 15 minutes and the trip will take approximately 25 minutes. One of the greatest benefits of this new rail line is that it will take 1.2 million cars off the road each year which will help ease traffic congestion and benefit our environment. The first Union Pearson Express vehicle will arrive in Toronto this summer and the line will be fully operational for the Pan Am Games in the summer of 2015.

The Billy Bishop airport is currently only accessible by a very short ferry ride which can be time consuming and certainly susceptible to inclement weather. Thankfully the Toronto Port Authority, which owns and operates the airport, is building a state-of-the-art pedestrian tunnel with moving walkways that will allow travellers to walk underground to the airport. The tunnel will be powered by 100 per cent Green energy and will be ready by winter 2014/2015 in plenty of time for the Pan Am Games.

Another great project that will keep people moving is the Crosstown LRT, which will traverse across Eglinton Avenue from Weston Road to Kennedy Station and travelling a total of 19 kilometres with 10 kilometres of the route underground. This new route will dramatically increase the speed of crossing midtown Toronto and will be operated by Metrolinx.

Finally, the Toronto-York Spadina Subway Extension will bring a subway to York University as well as up to York Region for the first time. Six new stations will be added and Downsview station will be renamed Sheppard West. Over 2,900 parking spaces will be added to the six stations to encourage people to take the subway downtown and the new extension will be operational by the fall of 2016.

These projects, as well as other planned and future projects, will help keep residents of Toronto and the GTA moving for years to come.

keeping people moving across the gta

The Billy Bishop airport is currently only accessible by a very short ferry ride which can be time consuming and certainly susceptible to inclement weather

032 new condo guide april 12 - 26, 2014

menkes.com

Life Storeysnow a best-seller.

Come home with the GTAs #1 homebuilder*For the last sixty years, Menkes has been a central chapter in the Life Storeys of so many. Menkes has always focused on building homes in the citys most desirable and accessible locations. Designing architectural landmarks, stylish amenity areas and modern

suites that speak to the needs of todays condominium lifestyle. And offering maximum value to the real #1 storey you.

menkes.commenkes.comPrices and speci cations are subject to change. E.&O.E. April 2014.

A downtown condominium overlooking the bustle of the city and the beauty of the

lake. Walking distance from Torontos most savoury restaurants, bars and cafes,

and a stones throw from incredible shopping, cultural attractions, Air Canada

Centre and the Rogers Centre. Rich with amenities. Enriched with possibility.

Introducing 87 Peter.

THE CITYS MOST CONNECTEDADDRESS.

C MINGS ON.

Register at menkes.com

menkes.commenkes.comPrices and speci cations are subject to change. E.&O.E. April 2014.







C MINGS ON.

Register at menkes.com menkes.commenkes.comPrices and speci cations are subject to change. E.&O.E. April 2014.







C MINGS ON.

Register at menkes.com

menkes.com

Life Storeysnow a best-seller.

Come home with the GTAs #1 homebuilder*For the last sixty years, Menkes has been a central chapter in the Life Storeys of so many. Menkes has always focused on building homes in the citys most desirable and accessible locations. Designing architectural landmarks, stylish amenity areas and modern

suites that speak to the needs of todays condominium lifestyle. And offering maximum value to the real #1 storey you.

menkes.commenkes.comFacebook.com/MenkesLife @MenkesLife

menkes.com*Top selling highrise builder in 2013 according to RealNet Canada Inc. Prices and speci cations are subject to change. E.&O.E. April 2014.

COMING SOON

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Yonge & Park HomeNorth York

Starting from $835,990 416.730.9722

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onesherway.com 416.695.3535

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Starting from $237,990 416.591.7700

UNDER CONSTRUCTION

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Starting from $396,000 416.323.0100

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the mortgage minute // by peter kinch

Peter Kinch is an award-winning mortgage broker and best-selling

author of The Canadian Real Estate Action Plan. Visit peterkinch.com or

contact him at [email protected]

Pick up any newspaper today and no one could blame you if you got a little worried about the state of the economy or the fear of a pending market correction in Canadian real estate. Are Canadians taking on too much debt? Have mortgage rules gone too far? Is there a housing bubble about to burst? What if there is a market correction?

The real question is, Do Canadian homeowners or prospective buyers need to be concerned? Every time there is talk about a market correction in

market correction?

Whats all the fuss about a

If you have no intention of selling soon and you can still afford your monthly payments, then all you need to do is sit and wait and go about your normal life until the market bounces back which it has done for the past 100 years

Canadian real estate, the tone is quite negative. But lets take a closer look at that situation: rather than argue about whether we may have a market correction, lets analyze what it really means to Canadians if there is one.

First-time homebuyers

If youre a first-time homebuyer, you have likely felt the pinch of the rising cost of housing. So a slight market correction would be welcome news. You can still get into home ownership with only five per cent down, but since your maximum amortization is limited to 25 years, a drop in pricing is exactly what youll need to be able to get into this market. ConClusion: A market correction is a good thing for you.

current homeowner buying or selling moving up or downsizing

It is rare that someone buys a home without selling their home first. If you are a homeowner and youre looking for the right time to sell your home so you can buy another, you may be concerned that the price of your current home is dropping. But lets take a closer look at that: assume the value of the home you are selling drops by 10 per cent. Lets also assume that you plan to buy another home (whether upsizing or downsizing). The key to remember in a downturn market is that the person selling their home to you is going through the exact same thing. In other words, if the value of your home dropped 10 per cent, so too did the value of the new home you are buying. Focus on what your bottom line net is, rather than what you thought or had hoped to sell your home for.ConClusion: in most cases, the net effect of a market correction is zero.

real estate investor or second-home buyer

If you are buying real estate as an investment either for cash flow or as a second home, then this is the perfect market condition for you. When there are more sellers than buyers, you have more bargaining power. If you can negotiate a better deal and pay less for the property you are looking for, it simply makes the deal that much more affordable.ConClusion: You should be hoping for a market correction.

april 12 - 26, 2014 new condo guide 033

current homeowner with no plans to sell

The majority of Canadians fall into this category, and lets be honest the single biggest reason we worry about a housing correction is the fear that it will erode our home equity and net worth. Over the last decade, a significant amount of the net worth of Canadians has been tied up in their home equity, and this has provided the foundation for a lot of retirement plans so there is obvious concern. But should there be?

For the majority of Canadians, the plan is to stay in their current home for at least three to five years. So heres a simple fact: equity is only gained or lost the day you sell. In other words, if the value of your home were to drop by 10 per cent tomorrow, you may feel anxiety over the drop in your net worth but it would only be on paper unless you actually sold your home tomorrow. If you have no intention of selling soon and you can still afford your monthly payments, then all you need to do is sit and wait and go about your normal life until the market bounces back which it has done for the past 100 years.ConClusion: A market correction may have zero impact on you.

In the end, the headlines will continue to talk of impending market corrections. The key for you is to decipher one of three things: 1. is this a real concern?2. is this an opportunity? or,3. Are you just getting worked up about nothing?The BoTTom line: A lot of people will fret about this topic over the water cooler tomorrow morning but the majority of them really dont need to.

Every time there is talk about a market correction in Canadian

real estate, the tone is quite negative. But lets take a closer

look at that situation: rather than argue about whether we may have a market correction, lets analyze what it really means to

Canadians if there is one.

the mortgage minute

034 new condo guide april 12 - 26, 2014

WorldOnYonge.ca | 905-771-7010 TerraceOnDanforth.ca | 416-987-7575RoyalGardensCondos.ca | 905-889-9997

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*Purchasers Deposit Bond. Restrictions apply. See Sales Representative for details.All illustrations are artists concept only. 2014 Liberty Development Corporation. All rights reserved. Brokers Protected.

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TCCF 32003 Condo Guide SOTM FA.indd 1 2014-02-11 11:28 AM


in the news

the Daniels Corporation anD habitat for humanity toronto turn over key to partner family at Cinema Tower

reCently, the Daniels Corporation anD habitat for

humanity toronto held a dedication ceremony that marked a life-changing event for the Zhang-Min family. To help make the dream of home ownership a reality for low-income families in downtown Toronto, Daniels and Habitat arranged for the contribution of two condominium suites in Cinema Tower. At the celebration, the Zhang-Min family was the first to receive a key to their new home. Since 2005, when Frank, his wife Ping and their teenage daughter, Alice, immigrated from China to make a better life for themselves, they have struggled to make ends meet while living in a basement apartment that lacks privacy, fresh air and sunlight. We are so happy to be moving into this brand new building, Ping says. Its close to my husbands workplace so its very convenient for us.

According to Ene Underwood, CEO of Habitat for Humanity Toronto, We are deeply appreciative of our ongoing partnership with Daniels. The Cinema Tower project is a great example of how innovative partnerships can push the boundaries of affordable housing and further our mission of mobilizing community partners, like Daniels, to make the dream of home ownership a reality for low-income families.

Daniels executive vice-president, Niall Haggart, adds, For us, successful business and social responsibility go hand in hand. Together with Habitat, we are demonstrating that affordable housing can be achieved, and we are thrilled to welcome the Zhang-Min Family home to Cinema Tower!

Daniels is a longtime supporter of Habitat for Humanity affiliates across the Greater Toronto Area. Among many other supporting initiatives, in 2008, the company donated land for the construction of 10 Habitat homes in Etobicoke the largest donation of land by a private company in Habitat Canadas history. The Cinema Tower key ceremony marked yet another milestone in the Daniels-Habitat affiliation.

Habitat for Humanity Toronto (TorontoHabitat.ca) marks its 25th anniversary this year as a non-profit, non-denominational Christian housing organization that

builds simple, decent affordable homes in partnership with low-income families. The Toronto branch was established in 1988 and has helped more than 250 families find the safety and security of a home in 2013.

Cinema Tower is Daniels highly successful condominium in Torontos Entertainment District, steps from TIFF Bell Lightbox, restaurants, shops and cultural venues. The Zhang-Min family will enjoy remarkable amenities in their 43-storey residence, as well as nearby access to public transportation. For more information, visit danielshomes.ca.

piCtureD top A happy occasion for all with (from left to right) Sean Gadon, Toronto director of Affordable Housing; partner family father Frank Zhang; Habitat CEO Ene Underwood; mother Ping Min; daughter Alice; and Daniels executive vice-president Niall Haggart

piCtureD bottom Habitat for Humanity partner family cuts the ribbon at their new home in Cinema Tower Condominiums by The Daniels Corporation, while Daniels executive vice-president Niall Haggart, Ward 20 City Councillor Adam Vaughan and Sean Gadon, Torontos director of Affordable Housing, look on

038 new ConDo GuiDe APril 12 - 26, 2014

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to TIFF Bell Lightbox in the heart of the Entertainment District.

SUITES FROM THE MID $400,000s

*Limited time offer conditions apply. See Sales Representative for full details. **Some exceptions apply. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifi cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

HOURS: Mon and Tues: 12-6pm Wed: 12-8pm Thurs and Fri: Closed Sat and Sun: 12-5pm

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

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

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

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

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042042

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REGISTER AT CANARYDISTRICT.COM OR CALL 416.603.7576

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

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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.Thats 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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WILSON AVE

TIPP

ETT

RD

WILSON SUBWAY

YORKDALE SUBWAY

ALL

EN R

D

HWY.401

YORKDALE MALL

CAN YOU AFFORD TO BUY AT THE STATION?

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A sweet corner unit An enormous 175 s.f. balcony Granite countertops Euro-style appliances A window in the master ensuite A place you wont grow out of

Just like that, in 13 months, your down payment will be done and youll 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 citys 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 Yorks award winningrecord-breaking development. Heres how it works.

SOUNDS SCARY, RIGHT? BUT HERES WHAT THE STATION WILL DO FOR YOU.

LETS SAY YOURE LOOKING AT ONE OF OUR EXCEPTIONAL 2 BED + 2 BATH SUITES. YOU GET:

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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 artists impression. **Source: theglobeandmail.com

WITH A $10,000 DISCOUNT OFFTHE PRICE OF YOUR CONDO.

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


LIVE AT STUDIOBE DOWNTOWN

SUITES FROM THE$300S

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

Richmond St.

PRESENTATION CENTRE

Adelaide St.

Nelson St.

Dun

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Uni

vers

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ve.

PRESENTATION CENTRE

Presentation Centre: 25 Nelson Street, TorontoMon. Thurs.: 1pm 7pm, Fridays: Closed

Sat., Sun. & Holidays: 12pm 6pm

UNDER CONSTRUCTIONEARLY 2015 CLOSINGS5%

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OFFER VALID ON ALL REMAINING SUITES.

UNDER CONSTRUCTIONEARLY 2015

CLOSINGS

hot dates

Apr 10 13

Toronto Art Expo

highlighTs

Apr 18 20

spring Fling F

GTA New Condo Guide, Apr 12, 2014

Documents

Transcript of GTA New Condo Guide, Apr 12, 2014