GTA New Condo Guide - Jul 4, 2015

THE GTA’S GREATESTCONDO homeshow

BY LIBERTY DEVELOPMENT

10 MODELS FOR VIEWINGINSIDE

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July 4 - Aug 1, 2015 Volume 19 Issue 14

[ 4-WEEK ISSUE ]

INSIDE THIS ISSUE

WHY FOREIGN INVESTORS LOVE CANADIAN REAL ESTATE

BRING COTTAGE STYLE TO THE CITY

THE 10 COMMANDMENTS OF MOVING DAY

tridel.com

SQ2: A WORLD CLASS COMMUNITY

Stretching 5.6 kilometres, Queen West is a patchwork of urban pathways connecting neighbourhood folk and friends from abroad to a heaping platter of diversity, culture, colour and creativity.

LIVE EN ROUTE

When you need to get around or out-of-town, Queen West offers connection at all corners. From subway stops to the streetcar, travelling afar or a few blocks has never been so convenient.

WEST OF EXPECTATION

it’s along Queen Street West where the fashion-forward can fi nd a pair of vintage levis, the latest look in espadrille sandals and the perfect lamp for an offi ce den.

The Queen West Eff ect.From Vogue and The New York Times to the Lonely Planet, Queen West’s cool has offi cially become universal. #yass

Pick up your SQ Magazine at the TRIDEL STORE at 519 Queen Street West.

6.875" x 10.5" ogfTRI 27079 Condo Guide SQ2 (IFC & GF) + IT Grand Opening OBC June 15_V2.indd 1 2015-06-25 5:31 PM

FOLLOW US: @CAMROST CAMROST FELCORP

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED

DIAMONDS ARE FOREVER JUST LIKE

OUR VIEWS

SALES CENTREGRAND OPENING

VISIT US TODAY SALES CENTRE: 1499 YONGE ST. (N OF ST. CLAIR)

BLUEDIAMONDCONDOS.CA | 416-925-2501

Blue Diamond at Imperial Plaza, a new 26-storey tower in the dazzling Forest Hill neighbourhood, brings new intensity to

condominium luxury. Sublime amenities, superlative fi nishes and Toronto’s most radiant views. Experience the brilliance.

COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S

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2 NEW CONDO GUIDE JUL 4 - AUG 1, 2015 JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 3

SUSAN LEGGEEditor-in-chief

[email protected]

Follow me on Twitter atTwitter.com/SusanLegge

Like us on FacebookSearch: Condo Guide

LYDIA MCNUTTEditor

[email protected]

Follow me on Twitter atTwitter.com/LydiasTweets

EDITOR’S NOTE

THINK YOU CAN’T AFFORD A HOME? THINK AGAIN.Much like that bank commercial that says, “You’re richer than you think,” a new home may be more a� ordable than you originally thought. Perhaps you need only to change your defi nition of “home” to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among fi rst-time buyers and empty nesters in the market for new place to call “home.”

Not only do townhomes and condos a� ord you the opportunity to live in a prime neighbourhood at a great starting price, but when it’s time to up-size your home, you can often opt to remain in the same neighbourhood, which isn’t always the case for buyers in the single-detached market.

Today’s communities generally have a range of sizes and prices that start at the “a� ordable” end of the spectrum. Many builders and developers are celebrating grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity.

Have a look through this issue and see what you think. The home of your dreams is waiting.

HOMEWORK FOR THE HOME HUNTA home is one of the biggest fi nancial investments you’ll make in your lifetime, so it’s understandably intimidating for fi rst-time buyers. But it doesn’t have to be. Get some professional help to ease the stress.

Start the process by speaking with a fi nancial adviser to determine how much home you can realistically a� ord. This does not necessarily mean spending the amount you get pre-approved for by your bank or mortgage broker. If you enjoy dinners out or travels abroad, factor your lifestyle into the budget.

Next, think “location.” Where you choose to settle down will impact your lifestyle while you live there, and it will also a� ect the resale value if you ever choose to sell.

Condos are king across the GTA, from central downtown locations to the suburbs, so the pickings are plentiful. Again, factor lifestyle into your decision. Do you rely on public transit to get around? Do you wish for greenspace nearby? Perhaps you’d like to live close to family, or your workplace. Choose wisely – while you can change the look and layout of your home relatively easily, you can’t change its location.

And speaking of layout, study the fl oor plans and tour the model suites to evaluate the fl ow of space. If the layout doesn’t suit your lifestyle, either keep looking, or see if changes can be made. The beautiful thing about buying pre-construction is that your suite hasn’t been built yet, which means your preferences can often be built right in.

There are many more advantages to living in a brand new home. Read on and discover everything that new condo living has to o� er!

1YORKVILLE.CA PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY. *SEE SALES REPRESENTATIVE FOR DETAILS @BazisInc

CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE

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JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 3


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

DESIGNER ADVICEYanic SimardYanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com

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

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan LeggeDIRECTOR OF SALES

Moe LalaniASSOCIATE PUBLISHERSWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana GarayEDITOR

Lydia McNuttCONTRIBUTING EDITORS

Wayne KarlElisa KrovblitSara Duck (on leave)DESIGN EDITOR

Yanic Simard

SENIOR SALES MANAGER

Conni RobinsonSENIOR ACCOUNT EXECUTIVES

Dionne [email protected] [email protected]

SALES & MARKETING CO-ORDINATOR

Terry BassettADMINISTRATIVE ASSISTANT

Antoinette Jackson

NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION MANAGER

Bala GnanapandithanPRODUCTION CO-ORDINATOR

Sandra Hanak-VujnovicGRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Hannah YarkonySandra Hanak-Vujnovic, Mike Terentiev

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

ADVERTISING Call 416.626.4200 for advertising ratesand information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. 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 CondoGuide are not responsible for typographical errors,mistakes or misprints. All prices are correct as of presstime and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to [email protected] views and data expressed by columnists do not necessarily represent those of the publication.

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

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

STAT CHATBen MyersBen Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on twitter at @BenMyers29

CONTRIBUTORS NEW CONDO GUIDE

FUNDAMENTALLY SPEAKINGWayne Karl Wayne Karl is an award-winning writer and editor with experience in real estate and business. Email him [email protected] follow him on Twitter at Twitter.com/WayneKarl

MORTGAGE ADVICEAlyssa RichardAlyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

MAKE YOUR MOVEChuck ResnickChuck Resnick is vice-president of marketing and operations for Two Men And a Truck - Canada, a division of Heron Capital Corp. Visit online at twomen.ca or call 416.204.0007.

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For over 20 years, Empire Communities has been at the forefront of creating

award-winning urban condominiums in prime GTA locations. With iconic

architecture, elegant interiors and vibrant amenities, an Empire condominium

offers an extraordinary fusion of luxury and style.

Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artist’s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.

Live more at empirecommunities.com

A condominium that lets you indulge all your senses. Magnificent suites

with panoramic views and luxurious amenities designed to let you live

life to the fullest. Luxury Condos from $229,990.

PRESENTATION GALLERY OAKVILLE KERR ST. & SHEPHERD RD. 905 845 7246 EMPIRESENSES.COM

Own a piece of Toronto’s Waterfront with breathtaking, water-facing

vistas and unrivaled resort inspired amenities. Luxury waterfront living

from the mid $300’s.

PRESENTATION GALLERY TORONTO 2183 LAKE SHORE BLVD. WEST 416 503 3328 EAUDUSOLEILCONDOS.COM

URBAN LUXURY REIMAGINED

6 NEW CONDO GUIDE JUL 4 - AUG 1, 2015

For over 20 years, Empire Communities has been at the forefront of creating

award-winning urban condominiums in prime GTA locations. With iconic

architecture, elegant interiors and vibrant amenities, an Empire condominium

offers an extraordinary fusion of luxury and style.

Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artist’s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.

Live more at empirecommunities.com

A condominium that lets you indulge all your senses. Magnificent suites

with panoramic views and luxurious amenities designed to let you live

life to the fullest. Luxury Condos from $229,990.

PRESENTATION GALLERY OAKVILLE KERR ST. & SHEPHERD RD. 905 845 7246 EMPIRESENSES.COM

Own a piece of Toronto’s Waterfront with breathtaking, water-facing

vistas and unrivaled resort inspired amenities. Luxury waterfront living

from the mid $300’s.

PRESENTATION GALLERY TORONTO 2183 LAKE SHORE BLVD. WEST 416 503 3328 EAUDUSOLEILCONDOS.COM

URBAN LUXURY REIMAGINED


Exclusive Listing Brokerages: Circle M Realty Corporation, Brokerage and Milborne Real Estate Inc. Brokers Protected. Prices and specifi cations are subject to change without notice. Illustration is artist’s concept E.&O.E

REGISTER NOW FOR THE EXCITING SECOND TOWER WITH NEW SUITE DESIGNS, AT YONGE & EGLINTON FROM $199,990

Following the spectacular success of CityLights’ North Tower we are now introducing the South Tower with gorgeous panoramic views, magnifi cent amenities and modern urban suites, just steps to all the excitement and energy of the neighbourhood.

CityLightsCondos.ca • 416.546.6605

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SOUTH TOWERAT CITYLIGHTS

INTRODUCING THE


FOR A LIMITED TIME ONLY, MISSISSAUGA’S HIGHLY SUCCESSFUL MASTER-PLANNED URBAN COMMUNITY IS NOW EVEN GREATER VALUE! LOCATED JUST STEPS TO VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF CONDOMINIUM DESIGNS WITH OUTSTANDING FINISHES AND INSPIRED AMENITIES.

905.603.6300PEMBERTONGROUP.COMSALES CENTRE: 4635 METCALFE AVE. HOURS: MON. - THURS. 12-7 PM, SAT. & SUN. 12-6 PM, FRI. CLOSED

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NOW UNDER CONSTRUCTION!

EMCC 41172 Condo Guide.indd 1 2015-06-25 10:52 AM



JULY 4 – AUGUST 1, 2015 VOLUME 19 ISSUE 14

2 Editor’s Note

4 Contributors

12 BILD ReportBuilding communities where people playby Bryan Tuckey

14 Home Sweet HomeAn aff ordable alternative tothe GTA’s detached dilemmaby Lydia McNutt

16 Condo ProLive the vacation lifestyle, all year roundby Barbara Lawlor

18 In The NewsLanterra Developments welcomes you to Toronto’snext great park

32 In The NewsGibson Square now home to a beautifully landscaped park and garden

33 Investor AdviceRisks and rewards of buying pre-constructionby Andrew la Fleur

34 Homebuyers’ HelpBuyers of condo conversions beware by Wayne Karl

38 Make Your MoveTen commandments and one golden ruleby Chuck Resnick

42 Q&AMaking tracks in Midtown:We chat with Capital Developments’ Todd Cowanby Lydia McNutt

44 Mortgage AdviceWhat fi rst-time homebuyersneed to know before gettinga mortgageby Alyssa Richard

20

COLUMNS / NEWS / FEATURES

Liberty Development launches The GTA’s Greatest CondoHome Show website, condohomeshow.ca

COVER STORY

CONTENTS


46 In The News Price gap between lowrise and highrise continues to widen by Lydia McNutt

48 Stat Chat Record unsold condo units? There’s more to that story by Ben Myers

49 Legally Speaking Why foreign investors love Canadian real estate by Jayson Schwarz with files from Evonne Finnegan LLB and Ernest Wong LLB

64 Tarion Report Common concerns of new-home owners by Howard Bogach

68 In The News Emerald City unveils pencil-crayon inspired art by Sonia Bell

70 In The News $60K – what Canadians pay in mortgage interest by Wayne Karl

74 In The News Canadians choose the cottage over city getaway by Olivia Bowden

78 Designer Advice Cottage country in the city by Yanic Simard

84 Homebuyers’ Help What all new home buyers need to know

88 Condo Watch 416 Previews, new releases and grand openings in the 416

90 In The News Sail Condominiums launching soon at Victoria Park and Sheppard Avenues

92 Fundamentally Speaking Toronto’s SmartTrack transit gets a big boost with federal funding by Wayne Karl

96 In The News Your custom lifestyle awaits at Barrington condominium flats

104 Condo Watch 905 Previews, new releases and grand openings in the 905

106 In The News Empire Communities reaches new heights at Rain Condos in Oakville

108 Neighbourhood Profile Inside Mississauga City Centre by Lydia McNutt

113 Condo Buyers’ Resource Section

118 Advertiser Index

CONDO PROFILES

CONTENTS

GERANIUM HOMES Pace on Main Inspired condo living in downtown Stouffville

66

BROOKFIELD RESIDENTIAL The Arbors Condos Coming this fall, register now for A-list access

76


By Bryan Tuckey

BILD REPORT

Bryan Tuckey is president and CEO of the Building Industry

and Land Development Association and a land-use planner who has worked for

municipal, regional and provincial governments. Follow

him on Twitter @bildgta, facebook.com/bildgta and

bildblogs.ca

Building communities where people play

In every complete community, there are special places where people play. Whether it’s a trail system to cycle on, parks where children run and climb or recreation centres that allow a range of activities for all ages – these

spaces are major hubs and often the heart of their communities.Let’s take a look at places where people play and explain that many come

as a result of newly built communities. There is a common misconception that new parks, trails and recreation

centres are paid for by current residents through their property taxes. However, in most cases across the GTA, that’s just not true. They are often funded through development charges, and other government fees, paid by new-home buyers when they purchase a new home.

Development charges are a tax imposed by local municipalities, as well as GO Transit and education boards, and are paid for by new-home buyers to help offset capital costs of growth-related municipal services like roads, sewers and parks. BILD advocates for fair and reasonable government fees and charges, and increased transparency and accountability around how the funds are collected and applied.

The building and land development industry also designs and builds, and in some cases pays for, play spaces for people to enjoy in the communities that are constructing.

For example, The Daniels Corporation’s City of the Arts project on Toronto’s waterfront will feature new arts and cultural spaces for businesses and non-profit organizations, as well as new shops, restaurants, a new pedestrian promenade and park that will provide a public gathering space for markets, festivals and more.

Committing space and dollars to recreational projects is not confined to the city core.

In the western GTA, the Town of Milton is now home to the new Mattamy National Cycling Centre and it’s one of two internationally sanctioned timber tracks in Canada. The track will first be used as a venue during the Toronto 2015 Pan Am Games and then open for public use.

The capital costs for the facility were primarily funded through development charges, federal grants and private donations, including a $2 million donation by Mattamy Homes. Specifically, about 25 per cent of the $56-million project budget came from development charges generated by new-home buyers, Mattamy Homes and other local developers and builders.

GOLD WINNER INTERNATIONAL COMMUNITY

OF THE YEARBY THE NORTH AMERICAN HOME BUILDERS ASSOCIATION

WHERE EAST MEETS WEST

In the heart of the city, in the midst of it all, a new spirit rises. TeaHouse 2 is the next phase of the award-winning condominium development that is re-imagining urban living with a distinctly Asian fl air. Inspired by the cultures and traditions of the east, fashioned for modern life in cosmopolitan Toronto – welcome to your world in perfect harmony.

ASIAN INSPIRED CITY LIVING AT 501 YONGE FROM $280,900VISIT THE NEW SALES CENTRE LOCATED AT 925 BAY ST.

TEAHOUSECONDOS.COM 416.861.1111

Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifi cations subject to change without notice. Illustrations are artist’s concept. E.&O.E.

80% SOLD

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Houses in Toronto and Vancouver have become very expensive, and according to RBC’s latest Housing Trends and A� ordability Report – or

‘Una� ordability Report,’ as of late – prices for single-detached homes in these markets continued on their upward trajectory through the fi rst quarter of 2015, with no end in sight. But that’s not the case across the map or for all housing types.

The trend? The hotter the market, the cooler the a� ordability rating. Albertans, Quebecers and Maritimers are faring better than Ontarians and our west-coast counterparts. So are condo buyers, including those in Canada’s hottest markets.

The ups and downsThere were two big stories that dominated the headlines with a ripple e� ect on the housing market: “Oil prices hit the fl oor” and “Mortgage rates reach record lows.”

The oil slump softened home prices and eased a� ordability in oil-producing provinces, particularly in Edmonton and Calgary, says Craig Wright, senior vice-president and chief economist at RBC. Low lending rates coupled with lower prices are making these markets a buyer’s paradise.

Meanwhile, in Toronto and Vancouver which are showing strong price gains, a� ordability took a hit as a result of increased activity and high demand due, in part, to low lending rates. RBC expects an eventual normalization of monetary policy, starting in Q2 of 2016, which means costs will rise and the a� ordability rating will continue to fall.

A� ordability in OntarioRBC’s housing a� ordability index captures the proportion of pre-tax household income required to own and operate a home at current market value. The greater the measure, the worse the a� ordability. For example, a measure of 50 per cent means owning a home – including mortgage payments, utilities and property taxes – will eat up 50 per cent of a typical household’s pre-tax income. The higher the measure, the worse the a� ordability.

In Ontario, the measure for bungalows and two-storey homes rose by 0.3 percentage points to 45.5 and 51.7 per cent, respectively. Condos dropped by 0.2 percentage points, to a much more a� ordable 28.9 per cent.

Translation: Owning a two-storey home in our province will eat up 51.7 per cent of your budget. According to Canada Mortgage and Housing Corp.,

By Lydia McNutt

An aff ordable alternative to the GTA’s detached dilemma

HOME SWEET HOME

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

Guide. Lydia’s love of architecture, interior design and the written

word have landed her happily at home at Yellow Pages NextHome,

where real estate rules. Email [email protected],

and follow her on Twitter@LydiasTweets

A� ordability Rule #1 is that your monthly housing costs shouldn’t exceed 32 per cent of your gross monthly income.

RBC attributes the a� ordability gap to the increase in multi-unit construction, “with about half as many single-family homes being built compared to 10 years ago. The relative scarcity of single-family homes in the face of growing demand, therefore, has fuelled stronger price increases compared to the well supplied condo segment.”

An a� ordable alternative With lending rates expected to rise and single-detached homes

“inching towards risky levels,” as RBC notes in its report, what does this mean for homebuyers in Toronto? You’d be wise to buy now, while you still can. And with an a� ordability rating of 28.9 per cent, condos provide a viable, a� ordable alternative to the over-priced, over-coveted and increasingly out-of-reach single-detached.

PRESENTATION CENTRE: 2167 Lake Shore Blvd. W. Etobicoke, ON

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HOURS: Monday - Thursday: 12 - 6pm Weekends & Holidays: 12 - 5pm Closed Friday

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Waterscapes | Ready NowEtobicoke Waterfront Move In Now - Only 3 Suites Left!Up to $30,000 Move-in Bonus*1 bed+den from the $400,000’s2 bed+den from the high $1,100,000’s

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Picasso | Ready 2016Downtown Toronto Under Construction2 years free maintenance fees* and 1% off*Size from 844 sq.ft. from the $500,000’sBy Appointment: 416-495-3549

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*Limited time offer, some conditions apply. Please ask a sales representative for details. 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. June 2015.

Uplifting news from Monarch.

Riva del Lago Sales Centre: 2167 Lake Shore Blvd. W. Etobicoke

Mon - Thurs: 12pm – 6pm, Weekends & Hol: 12pm – 5pm,

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Waterfront Boutique Condos from the $300,000’s

Riva del Lago is now under construction! To celebrate, visit the Presentation Centre today where you can receive up to $35,000 Move-in Bonus* along with FREE parking and locker.

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*Limited time offer. Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. June 2015.


An icon of the past gives way to a landmark of the future on Toronto’s Waterfront. This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts and culture, and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, will introduce a new era of living, offering residents panoramic lake and city views, exceptional amenities, luxurious suites, and endless conveniences at your doorstep, including Sugar Beach North, a beautiful promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.

SUITES FROM $279,900

DANIELS IS CHANGING THE

WATERFRONTFOREVER

ARRIVING THIS FALL! THE EVOLUTION OF ART, CULTURE, INNOVATION & LIFE. INTRODUCING...

Get an inside look at an arts-inspired life on the waterfront.Visit our presentation centre for a sneak peek!

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifi cations are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form,

without prior written permission of The Daniels Corporation, is strictly prohibited.

REGISTER NOW!DANIELSWATERFRONT.COM 416.221.3939

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PRESENTATION CENTRE:162 Queens Quay EastMon to Thurs: 11am-7pm, Weekends & Holidays: 12pm-6pm,Fridays: closed

WATF 41131 CONDO GUIDE FP_FA.indd 1 6/23/15 9:41 AM



By Barbara Lawlor

CONDO PRO

Barbara Lawlor is president and CEO of Baker Real Estate Inc.,

and an in-demand columnist and speaker. A member of the Baker

team since 1993, Barbara oversees the marketing and sale of condominium developments

in the GTA and overseas.

Live the vacation lifestyle,all year round

If buying and maintaining a cottage or vacation property outside of the GTA is fi nancially and physically out of the question, consider purchasing a condominium instead. Yes, a condo can serve as a wonderful second home,

whether it is nestled adjacent to a lake or golf course, or in an urban setting. Use it as a pièd-a-terre for special times with family and friends, minus the worry and hassle of maintaining the property and its amenities.

And oh, the amenities! In addition to being the a� ordable choice in real estate, today’s new condos o� er magnifi cent extensions of your living space in the forms of fi tness facilities, theatres, party rooms, landscaped terraces, indoor and/or outdoor pools, games rooms. You get the beautiful picture. And remember that even if you purchase a compact suite, you have equal access to these common areas as the penthouse dwellers. Imagine being able to host a baby or wedding shower, birthday or anniversary party, or any other celebration in a glorious multi-purpose room right under your roof. There is no need to plan space for exercise equipment in your suite, when professional machines and aerobics/yoga/Pilates spaces are but an elevator ride away. Most condos even have a guest suite if you invite family or friends to stay over.

Vacation mentality reigns in the spectacular rooftop terraces many buildings feature nowadays. These urban oases can include anything from pools to outdoor kitchens, lounge chairs, cabanas, barbecues, dining areas, trellises, water features and more. Standing on a condo rooftop looking out over a lake, golf course, forested area, people bustling in and out of stores and restaurants, or brilliant city lights is magical.

Taking resort-style living to an all-time high, you might even choose a condo atop a fi ve-star hotel as your vacation home base. How luxurious it is to tap into hotel amenities such as food delivery, valet, turn-down service, etc. from your own home!

Where to look for a condo? You will fi nd condominiums going up close to highways and public transportation routes, which means they are likely a lot easier to get to than fi ghting cottage and airport tra� c throughout the seasons. Once you are at your condo, chances are, you will be able to walk to the very attractions that attract you, whether they involve playing a round of golf, sailing into the sunset, or indulging in dinner and a show in downtown Toronto. At the most, these fabulous venues are a quick cab or subway ride away. Think of a condo as your home base for fun.

The condo you select can also be a great home base for your furry friends, and let’s face it – many people consider their pets part of the family and would not consider holidaying without them. Most condominiums are situated close to parks and green spaces where you can take your dog for walks, and many even o� er pet grooming rooms and spas among their amenities. It’s great to clean o� your pet’s paws before entering your suite.

You can own the luxury of a condo for a� ordable prices, which is especially important if this is your second residence. Check out what a detached home anywhere in the GTA, a cottage in Muskoka, a residence on the beach in

Florida or a ski chalet in Whistler would cost you.

Best of all, a condo in the GTA a� ords you more opportunity to enjoy whatever leisure time you have, rather than eating it up with traveling, mowing lawns, shoveling snow, cleaning pools, etc. It’s the perfect vacation property!

Taking resort-style living to an all-time high, you might even choose a condo atop a fi ve-star hotel as your vacation home base

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IN THE NEWS

Lanterra Developments welcomes you to Toronto’s

next great park NEW 1.5-ACRE PARK AT 11 WELLESLEY GROWS

FROM DREAM TO REALITY

Known as one of Toronto’s most prolific condominium developers, Lanterra Developments has created some of the city’s most iconic buildings including Ice

Condos, Maple Leaf Square and the Toy Factory Lofts. But their latest project, 11 Wellesley on the Park, is redefining downtown living with a bit of colour – green to be exact.

Located in the heart of Toronto’s Bay Yonge Wellesley District, Lanterra teamed up with Toronto City Councillor Kristyn Wong-Tam and local residents on a unique development agreement that allowed for the creation of a 1.5-acre urban public park at the base of 11 Wellesley – a striking new 60-storey tower designed by KPMB Architects and Page + Steele/IBI Group Architects.

Prior to the Lanterra acquisition, the site on Wellesley between Yonge and Bay was the focus of tremendous effort by local residents and politicians who advocated for the vacant lot be dedicated as park land. As a result of the unique development agreement, Lanterra was able to utilize a small portion of the site for its condo tower while allocating the majority of the land into a lush, urban green space.

The result? The best of all worlds – a satisfied developer, happy councillor and thrilled community.

“The ability to deliver a park of this magnitude in the heart of the city is a rare victory,” says Barry Fenton, president and CEO of Lanterra Developments. “Working hand-in-hand with the local community and City staff, we were able to create what will one day be the crown jewel of this exciting neighbourhood and the downtown core.”

The recent start of construction at 11 Wellesley marks the first step toward realizing the park as it embarks on the design process, which will feature input from the developer, its landscape architecture firm NAK Design Group, as well as the councillor’s office and local stakeholders.

Once complete, the urban park will feature an elegant public promenade and beautifully landscaped pathways surrounded by flower gardens and open lawn space. Ground-floor retail will animate the space and create a harmonious relationship between the park and the building.

Launched in early 2013, 11 Wellesley was one of the most successful condos of the year. Its distinct exterior

boasts curved corners and a series of sloping balconies that gracefully transition to the space below. From above, residents will enjoy one-of-a-kind views of the park and open sightlines to the city.

With interior designs by Munge Leung, each of the 739 suites will feature open-concept layouts with organic finishes and access to the uniquely curved balconies or terraces. 11 Wellesley on the Park offers a wide variety of suite layouts, ranging from a functional 300-sq.-ft. studio to a spacious 924-sq.-ft. two-bedroom-plus-den design.

In addition to the inviting park right outside their doors and the endless entertainment options along Yonge Street, residents at 11 Wellesley on the Park will enjoy access to an abundance of amenities including a fitness centre complete with a yoga and aerobics studio, a spa facility with dry sauna and steam rooms, an indoor pool, and a pet spa to name just a few.

“11 Wellesley on the Park sets a new standard for downtown living,” adds Mark Mandelbaum, Lanterra Developments’ chairman. “Its striking design, modern interiors, upscale amenities, and access to a notable greenspace has left other buildings envious and made potential buyers take notice.”

For your chance to live the park life, visit the presentation centre at 925 Bay St., or go to 11wellesley.com

LIVE IN A MODERN DAY MASTERPIECE

*Deposit structure: $5000 with the offer, balance to 5% in 30 days, balance on closing. *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. Gift Card for The Old Mill Inn & Spa may be limited to specifi c services. Illustrations are artist’s concept. E.&O.E.

30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED

BLOOR STREET WEST

OLD MILL INN

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416.766.7343 www.riverhousecondos.ca

ONLY 3 SUITES REMAIN! BUY WITH JUST 5% DEPOSIT*An aristocratic residence on the banks of the Humber River where history and nature co-exist in harmony. Magnifi cent

suites with grand interiors, gourmet kitchens and luxurious ensuites. Gorgeous amenities include the sophisticated lobby, indoor pool, terrace, party room with caterer’s kitchen, fi replace lounge, exercise, steam and change rooms.

CONDOMINIUM COMPLETED AND REGISTERED - MOVE IN NOW

THE BELVEDERE2002 sq.ft. | 2 bedroom + den

Starting from $1,591,900 (includes parking)Magnifi cent views of the river and waterfall

BONUS PACKAGE1 Additional FREE Parking Space

2 FREE Storage Lockers $2,000 Gift Card at the Old Mill Inn & Spa

03

2nd - 7th Floor

BALCONY

WINDOWS AT 2ND FLOOR ONLY

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COVER STORY

Liberty Development launches The GTA’s Greatest Condo Home Show website

CONDOHOMESHOW.CA OFFERS PURCHASERS A SECOND CHANCE AT THEIR FIRST CHOICE

LIBERTY DEVELOPMENT IS AMONG the leading developers of new condominium communities in the GTA, with multiple industry awards, and thousands of pre-construction sales. Liberty’s buyers have seen the benefits of buying brand new while enjoying the security and peace of mind that builder warranties and Tarion certification provides.

However, while Liberty continues to enjoy record sales figures for pre-construction units, the developer recognizes that some of today’s

potential buyers looking for shorter occupancy schedules remain reluctant to buy. These buyers often see the resale marketplace as their only option, despite knowing that with resale, they sacrifice the consumer protections available only through builder sales.

“Unfortunately, there are still some potential buyers looking for immediate occupancy that are willing to risk the protections that come with buying direct from the developer,” says Marco Filice, senior vice-president and general counsel at Liberty Development. “We believe that those seeking immediate gratification – the ability to buy and move into their new homes within days – shouldn’t be forced into the secondary market to find satisfaction.

“Liberty is in the unique position of having a variety of prime suites – ready for immediate occupancy – in some of the GTA’s most desirable locations. Brand new, never occupied residences that offer the protections and warranties buyers deserve.”

Designer Model Suite at Royal Gardens by Liberty Development


For more information on Liberty Development’s ‘move-in ready’ suites at World on Yonge, Royal Gardens, and Terrace on Danforth,

visit condohomeshow.ca

With an unparalleled selection of move-in ready product at its World on Yonge, Royal Gardens, and Terrace on Danforth communities, Liberty is making the process for those ready to move even easier by introducing a unique, web-based platform, called The GTA’s Greatest Condo Home Show (condohomeshow.ca).

A content rich, multi-media website for new homebuyers and sales agents alike, The GTA’s Greatest Condo Home Show allows potential buyers to ‘virtually’ visit a range of Liberty developed condos, all ready for occupancy.

With easy navigation, the user-friendly site acts as a ‘virtual’ sales centre, giving visitors an intimate glimpse into their future home. With actual photos and video clips, The GTA’s Greatest Condo Home Show offers potential buyers all the information they may need, including suite sizes, layouts, pricing data and incentive or promotional information, combined with real-time capabilities to book an appointment with a trained sales professional.

“Move-in ready suites were the condo industry’s best kept secret, until now,” says Jeanne Kim, a sales associate at Liberty’s award-winning World on Yonge site. “With Liberty’s new site, the secret is getting out!

“Those of us in the condo sales industry know that there’s a segment of the market that wants to touch and feel the product, negotiate their purchase, and occupy right away. They also want to enjoy full new home warranty protections. For this type of buyer, The GTA’s Greatest Condo Home Show represents a tremendous opportunity.”

Pointing to World on Yonge, Jeanne Kim explains that while construction is finished “there are still a handful of amazing suites to buy. Through the Condo Home Show, interested purchasers will be able

to virtually tour the community, connect with a sales representative, buy and move in… within days!”

With a large selection of move-in-ready Liberty Development condo suites on the website, visitors to condohomeshow.ca will be provided with a wealth of information upfront. Upon making an inquiry or booking a showing, Liberty intends to have a dedicated senior sales agent respond within hours, ready to help buyers purchase their new home immediately.

“Liberty Development is committed to helping individual buyers and agents succeed,” says Anita Woo, broker of record of City Plus Realty Inc. Brokerage. “Their new website delivers electronic registrations and booking requests directly to their experienced sales agents, provides detailed suite information to customers within hours, and offers customized appointments.”

To help celebrate the launch of The GTA’s Greatest Condo Home Show, Liberty Development will offer $500 toward moving truck expenses to the first 10 purchasers who use the site.

Model Suite at Parkside Towers, B1/B2 at World on Yonge by Liberty Development

Designer Model Suite at Terrace on Danforth by Liberty Development

Visit condohomeshow.ca for more information on Liberty Development’s ‘move-in ready’ suites

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*The 5% deposit program, parking and locker combination, as well as cash incentives ($20,000 cash back on studio and one bedroom suites, $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions may apply. See Sales Representative for full details. Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.

SEEING IS BELIEVING AT DANIELS HIGHPARK!COME EXPLORE OUR DESIGNER MODEL SUITES!

PHOTOGRAPHY OF ACTUAL MODEL SUITE

MODEL TOURS EVERY WEDNESDAY AND SATURDAY BY APPOINTMENT ONLY! BOOK YOUR TOUR TODAY! 416.351.1844 [email protected]

PARKING & LOCKER

$9,800UP TO $25,000CASH BACK*$ BUY WITH

5%DOWN* *

NEW DESIGNER MODEL SUITES NOW OPEN Explore our fully-furnished, theme-decorated suites, intended to suit a variety of lifestyles – from nature enthusiasts to world travelers, and even dog lovers!

Overlooking Toronto’s largest urban park, nestled on the edge of the trendy Bloor West Village, and up the street from two TTC stations, we think you’ll find HighPark Condominiums’ smorgasbord of conveniences truly sweet! And, for a limited time only, we’re offering some pretty “suite” deals on selected suites…up to $25,000 cash back, 5% down, and a parking and locker combination for only $9,800!

MOVE INTHIS YEAR!SUITES FROM $299,900

PRESENTATION CENTRE: 2150 BLOOR STREET WESTMon, Tues and Thursday: 12-6pm | Wed: 12-8pm | Sat, Sun & Holidays: 12-5pm | Fri: Closed

DANHPK15039 Summer Model Suite Ad CondoGuide Ad.indd 1 2015-06-23 2:21 PM

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YONGE & BLOOR QUEENS QUAY & SHERBOURNE YONGE & RICHMOND

$580,000s $340,000s$320,000s• Only 10% down• Direct access to subway lines• Now under contruction• Move in next year!

• Last chance at pre-construction pricing • Steps to the PATH, Eaton Centre and subway• BILD and OHBA project of the year• Construction starts fall 2015

• Now under construction • Experience the best of city and waterfront living• OHBA High-rise of the year

LOCATION IS EVERYTHING.

For over 35 years Great Gulf has been building homes. Over 40,000 families acrossOntario are now living in a Great Gulf community. Visit our sales centres today.

Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E.Exclusive Listing: Backer Real Estate Incorperated, Brokerage, Brokers protected. Offers valid on select suites only and are limited time only.Offer subject to change or withdrawal without notice. See sales representative for details.

By appointment


MOVE IN NOWUPGRADE TO A NEW STANDARD AT CHAZ YORKVILLE, WHERE WE’VE RAISED THE BAR

WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TO A NEW HIGH.

THE PREMIUM IN-SUITE EXPERIENCE IS ONLY MATCHED BY THE INCREDIBLE BUILDING

AMENITIES SUCH AS THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH FLOOR,

HOTEL-STYLE LOBBY, LANDSCAPED COURTYARD AND MORE. ADD A FANTASTIC LOCATION,

STEPS TO 2 SUBWAY LINES, UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS.

THIS IS CHAZ YORKVILLE LIVING AT ITS MOST SUBLIME.

SALES CENTRE AT 45 CHARLES ST. EAST: SUITE 203

MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED

CHAZYORKVILLE.COM | 416.922.0045

MODEL SUITE NOW OPEN!SOPHISTICATED YORKVILLE LIVING FROM THE $400’s CLOSING CREDIT & FURNITURE PACKAGE VALUED UP TO $35,000*

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FOR A COMPLETE LIST OF THE

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PLEASE VISIT CHAZYORKVILLE.COM

Exclusive Broker Baker Real Estate Inc. Brokers protected. *Speak to a sales representative for more details. Prices, promotions and specifications are subject to change without notice. E&O.E.

MOVE IN NOW TO YORKVILLE LUXURY

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CHAR 40038 Condo Guide Ad_FA.indd 1 5/4/15 12:16 PM


One of Toronto’s top condominium builders with over 3,200 sales in the last three years.*Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. June 2015. 25654

Pure opportunity.

Pure convenienceA truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.

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Pure luxuryYou’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.

Pure freedomA cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, d ining and a s tunning pale t te o f exceptional lifestyle amenities.

Pure Choice.Pick your preferred destination

today and MOVE IN NOW! PLAZA COMMUNITIES:

MOVE IN NOWKing West - Building Now Registered65, 75, 85 East Liberty St., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731

The Tower - Building Now Registered125 Western Battery Rd., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731

York Harbour Club35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517

Ivory on Adelaide400 Adelaide St. East, TorontoSales Office located at 125 Western Battery Rd. 647.341.1731

Edge 2-6 Lisgar Street, TorontoSales Office Located at 1151 Queen Street West 416.516.5848

NOW UNDER CONSTRUCTIONEPIC - Occupancy Date January 201548 Abell Street, Toronto Sales Office located at 1151 Queen Street West 416.516.5848

Musée - Occupancy Date July 2016Pre-construction Pricing 525 Adelaide Street West, TorontoSales Office located at 50 Wellesley St. East 416.862.0888

NOW OPEN50 at Wellesley Station - Occupancy Date June 201750 Wellesley St. East, Toronto Sales Office located at 50 Wellesley St. East 416.862.0888

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

COMING SOONThe Met at Vaughan Metropolitan CentreVaughan across from the NEW TTC Subway Station

Theatre District Toweron Adelaide

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Presentation Centre Hours: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm

register at pureplaza.com

Keep updated by following us:



Gibson Square now home to a beautifully landscaped park and garden

IN THE NEWS

Menkes Developments has earned a reputation for being a leading Green developer, committed to innovative and sustainable environmental initiatives – and now, they’ve taken green building to

the next level. At the corner of Yonge Street and Park Home Avenue, the award-winning

developer has created a spectacular 0.75-hectare public park as part of the successful Gibson Square development. Set against the vibrancy of Yonge Street, this spectacular greenspace adds much-needed tranquility to the heart of North York.

“It’s not every day that you get the opportunity to create a lush and inviting park in one of Toronto’s most sought after neighbourhoods,” says Alan Menkes, president of Highrise Residential, Menkes Developments Ltd. “We recognized how important greenspace is for urban homeowners, and working together with City staff and the local community, we managed to deliver a magnificent public space that exceeds expectations.”

Designed by Sibylle von Knobloch and her team at award-winning landscape architecture firm NAK Design, Gibson Park is comprised of a parkette at the corner of Yonge and Park Home Avenue, and a larger park and garden space to the west.

As an ode to the site’s history as a former apple orchard, the original Tolman Sweet Apple tree now sits at the centre of the parkette, surrounded by ample seating.

The larger park situated along Park Home Avenue features pathways meandering through three distinct spaces: an apple orchard that acts as a forecourt to the Gibson House Museum; a central plaza that features colourful perennial gardens and heirloom roses; and an open lawn ideal for family picnics or an afternoon break.

And while this beautiful greenspace was created for the enjoyment of the entire neighbourhood, it is the residents of Gibson Square who will reap the greatest rewards.

“Outdoor space for residents at Gibson Square won’t be confined to their balcony, but instead will have a park as their backyard,” adds Alan Menkes. “More importantly, homeowners will enjoy spectacular views overlooking the park and gardens – especially from impeccably designed penthouse suites.”

Designed by Rafael Bigauskas Architects Inc., the two 42-storey towers bring the ultimate in penthouse living to the heart of North York. Boasting superior features and finishes and stunning panoramic views overlooking Gibson Park and the Toronto city skyline, the penthouse collection at Gibson Square includes some of the building’s best layouts and will be buyers’ last chance to join the community.

Located on floors 35 through 42, penthouse suites will feature soaring nine- and 10-ft. ceilings, expansive terraces or balconies, a choice of plank laminate flooring in principal rooms, top-of-the-line appliances, and ensuite stacked washer and dryer, with superior interior finishes to complete the upscale suites.

Ranging in size from a spacious 1,313 sq. ft. to an expansive 1,926, sq. ft., prices for this exclusive collection range from $836,990 to $1,350,990.

In addition to more than 20,000 sq. ft. of recreational and entertainment amenity space available within the condominium and the public park, Gibson Square is at the centre of a vibrant and cosmopolitan city centre. Surrounded by restaurants, cafes, banks, shopping and more, Gibson Square boasts convenient underground access to the North York Centre subway station making getting around the city a breeze.

For more information or to experience the brand new penthouse model suites designed by Bryon Patton and Associates, visit the presentation centre located at 4954 Yonge St., visit menkes.com, email [email protected], or call 416.730.9722.

MAKINGOWNERSHIPVERYEASY

MOVE IN NOW!

MMMMMMAKINGAKINGAKINGOOOOOOWNERSHIPWNERSHIPWNERSHIPVVVERYERYERYEEEASYASYASYASYASYASY

MEN 27094 GIB Four Pager Condo Guide July 2015.indd 1 2015-06-29 3:22 PM

Register your interest at menkes.com

Prices and speci� cations are subject to change. E.&O.E. July 2015. [email protected]/MenkesLife

Your life storey starts here.

Coming SoonYonge & Eglinton, Toronto

Register now at menkes.com

Construction StartingPeter & King, Toronto

Starting from $343,990 416.591.7700

Under ConstructionRichmond & Spadina, TorontoStarting from the mid $300’s

416.591.7700

Move In This SummerAvenue & Davenport, Toronto

Starting from $420,000 416.323.0100

Construction StartingChurch & Carlton, Toronto

Starting from $248,990 416.591.7700

Under ConstructionYork & Harbour, Toronto

Starting from the mid $300’s 416.591.7700

New ReleaseEvans Ave. + Brown’s Line, Etobicoke

Starting from the mid $500’s 416.259.2525

Move In NowYonge & Park Home, North York

Starting from $429,990 416.730.9722

MEN 27094 GIB Four Pager Condo Guide July 2015.indd 4 2015-06-29 3:23 PM

MAKING OWNERSHIP VERY EASY

OUR M.O.V.E. PROGRAM IS BACK

Bryon Patton Designed suites

AVAILABLE FOR TOURING!Gibson Square is North York’s perfect condo address, with direct access to Empress Walk

Shopping Centre and North York Centre Subway Station.

MENKES SALES CENTRE4954 Yonge Street, South of Mel Lastman Square

HOURS:Mon - Thurs 12 - 6 pm | Closed FridaySat & Sun 12 - 5 pm

416.730.9722 | menkes.com

@MenkesLife

facebook.com/MenkesLife

LIMITED NUMBER OF LOWER LEVEL UNITS AVAILABLE

746 sq.ft. to 1,025 sq.ft.

Starting from $429,990

SPACIOUS PENTHOUSE RESIDENCES AVAILABLE

1,313 sq.ft. to 1,926 sq.ft.


See sales representative for details. Prices and specifications are subject to change. E.&O.E. July 2015.

MOVE IN NOW!

MEN 27094 GIB Four Pager Condo Guide July 2015.indd 2-3 2015-06-29 3:22 PM

MAKING OWNERSHIP VERY EASY

OUR M.O.V.E. PROGRAM IS BACK

Bryon Patton Designed suites

AVAILABLE FOR TOURING!Gibson Square is North York’s perfect condo address, with direct access to Empress Walk

Shopping Centre and North York Centre Subway Station.

MENKES SALES CENTRE4954 Yonge Street, South of Mel Lastman Square

HOURS:Mon - Thurs 12 - 6 pm | Closed FridaySat & Sun 12 - 5 pm

416.730.9722 | menkes.com

@MenkesLife

facebook.com/MenkesLife

LIMITED NUMBER OF LOWER LEVEL UNITS AVAILABLE

746 sq.ft. to 1,025 sq.ft.


SPACIOUS PENTHOUSE RESIDENCES AVAILABLE

1,313 sq.ft. to 1,926 sq.ft.


See sales representative for details. Prices and specifications are subject to change. E.&O.E. July 2015.

MOVE IN NOW!

MEN 27094 GIB Four Pager Condo Guide July 2015.indd 2-3 2015-06-29 3:22 PM


By Andrew La Fleur

INVESTOR ADVICE

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]

Risks and rewards of buying pre-construction

Investing in a pre-construction condo is not without risk. You are e� ectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you paid for it.A lot can happen in three to fi ve years while your condo is being built.

Here are two tips to help ensure your investment is a successful one.

1 | Always buy below market valueYour goal should always be to buy something that will increase in value, and the best way to do that is to buy something that is priced below the current market value of a similar resale property. For example, if a one-bedroom across the street in a brand new completed building sells at $300,000, and you can buy a similar one-bedroom in a pre-construction condo at $285,000, then you are well insulated from any market fl uctuations over the next few years and you are positioned to have a property that is worth more when completed than when you bought it before construction start.

2 | Always buy cash-fl ow positiveInvesting in real estate is not a get rich quick scheme, but it is how most of the world’s wealthiest people have earned their fortunes. The best real estate investors always buy for the long term. I always encourage my clients to take the long-view approach when buying pre-construction and to plan on renting their unit out for at least one year (preferably more) after the completion of the building. Flipping before project completion (assignment) is a highly risky strategy and should be considered only as a back-up plan.

With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash fl ow with the standard 20 to 25 per cent downpayment. If at the current valuation and given current market

rates for rents, you cannot reasonably expect to cover all your expenses, then stay away!

If you do your homework before buying by following these two tips you will be in great shape for years to come.

You are e� ectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you paid for it


HOMEBUYERS’ HELP

Buyers of condo conversions bewareBy Wayne Karl

Condo conversions can be an inviting purchase – often beautiful, old and dormant

heritage buildings with lots of character brought back to life as modern condominiums. But buyers of these units should beware – you are not covered by Tarion Warranty Corp.

Toronto has plenty of examples of condo conversions, from the Tip Top Lofts to the Toy Factory Lofts to the Union Lofts. Even Guelph and Hamilton are getting in on this increasingly popular housing option. There are lots of benefits – including retaining the historical context and unique characteristics of a building. But there can also be challenges – from limitations in design to approvals and construction issues.

And even though recent proposed changes to the Condominium Act may provide some protection in the future, there’s no guaranty that will happen.

“The recent proposed changes to the Condo Act, announced in May, include that Tarion will be providing limited coverage on condominium conversion units in the future (if and when proclaimed),” Howard Bogach, president of Tarion, told YPNextHome.

“As an increasingly popular home-buying option that contains many new components, Tarion believes that these homebuyers should also receive protection, similar to that of all new homes in Ontario. We will work with the government on this initiative.”

Currently, many buyers are not aware that Tarion doesn’t cover condo conversions. So when owners call the organization’s contact centre looking for assistance, there’s very little Tarion can do – other than recommend they discuss the issue with their builder, and failing that, a condominium lawyer. There are protections in the Condo Act that may apply to condominium conversions.

“It depends what stage of ownership they are at,” Bogach says. “If they are considering a condo conversion unit, they should read all agreements carefully. We recommend working with an experienced real estate agent and a lawyer.

“If they have recently moved in, owners should always contact their builder for assistance first. They may also contact their lawyer in certain circumstances if it appears a satisfactory resolution to an issue can’t be achieved.”

It’s important for buyers of any new home to research their builder, but especially so for those thinking of buying a condo conversion.

“Although there is currently no statutory warranty coverage for conversion projects, check the Ontario Builder Directory on tarion.com to see if your builder is registered,” says Bogach. “You may also want to speak to other homebuyers and ask about the builder’s after-sales service. Finally, homebuyers should ask their builder if they provide their own warranties on these projects.”

Buyers should also inquire about what aspects of the building are new and which will incorporate existing features. Ask about reserve funds – money set aside for special, unknown expenditures in the future – and whatever is set aside to address depreciation.

“I would always recommend you review your Agreement of Purchase and Sale with an experienced condominium lawyer prior to the mandated cooling off period expiring.”

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*All prices, fi gures, sizes, specifi cations and information are subject to change without notice.

E.&O.E. All illustrations are artist’s concept only. ©2015 Liberty Development Corporation.

Brokers Protected. All rights reserved.

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By Chuck Resnick

MAKE YOUR MOVE

10 commandments and one golden rule

Even at the best of times, moving day can be stressful for everyone involved. Whether you are moving into or out of a condominium, lowrise home or a commercial property, a move involves trucks, boxes, packing

materials, workers and a certain amount of organized chaos.As with any major event, preparation is key. There are certain things

to do on moving day to make things go as smoothly as possible. The first is to be sure to bring your manners with you. Think of the following tips as your 10 commandments on moving day:

1. Let your neighbours at both ends know when to expect the movers to pull into your place. Ensure that the movers park and unload to avoid blocking anyone else’s driveway or trespassing on other property while items are being carried into or out of your new place. It is important to respect your neighbours’ privacy and property.

Continued on page 40

*The First Home Boost Program is only available on a limited number of suites.**Conditions apply. Parking and locker incentive are only available on a select number of home types. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s 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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Two Men And a Truck - Canada. Visit twomen.ca

2. If you are booking a residential move and have the choice, select 9 or 10 a.m. for your truck to arrive. This is a time when people who work the 9-to-5 shift are not at home, and you are less likely to cause them any inconvenience.

3. Everyone wants to move at the same time, but this can tie up the elevators and make it impossible for residents to come and go, so instead of chaos, the property management will book a block of time for you to move. Book the elevators well in advance – in both the building you are leaving and the building you will be moving into – so that you can have the benefi t of arranging your time comfortably. You should also check to see if movers are restricted to using specifi c doors. Sometimes there are service areas to use for moving so that the rest of the tenants aren’t disturbed or inconvenienced, or to accommodate large, heavy pieces of furniture.

4. Make arrangements for your pets to be cared for elsewhere. The very nature of a move means that doors will be open for long periods, and having animals wandering in and out can be dangerous for them and for those carrying your belongings.

5. If the movers are playing a radio, ask them to keep the volume down to avoid bothering small children or elderly neighbours who may want peace and quiet.

6. The physical nature of moving means that your movers will get thirsty and hungry. Although it is not necessary, off ering cool drinks and some snacks is always greatly appreciated. Cold water and pop during the summer can go a long way to keeping movers refreshed and energized.

7. Most people wonder about whether to tip movers. Tipping is not compulsory in our industry, so it is totally up to you. If you feel your moving crew has done an exemplary job, by all means, show your appreciation that way. Whether or not you tip, you should expect excellent service.

8. Most moving companies are good about removing packing materials, crates, boxes, etc. when they leave. If anything is left behind, collect it yourself and dispose of it.

9. As items are moved out of rooms, take advantage of the opportunity to sweep, mop and clean what you can. Think about how you would like to fi nd the place you are moving into and act accordingly. Some people hire cleaners to come in and work their magic before turning in the keys over to the landlord or the new owners. You may even want to check your lease – some leases and tenant agreements stipulate the condition of cleanliness and you don’t want to be sent a bill from your old landlord because you didn’t fulfi l your obligations at your old home when leaving.

10. Keep your cool. By moving day, you are likely to be tired and worried about all your items arriving at your destination without any damage.

So, it’s all about common courtesy – treating others the way you would like to be treated – and it works both ways. That’s why at Two Men and a Truck we follow the golden rule. We treat everyone the way we would want our grandmothers to be treated.

MAKE YOUR MOVE...continued


Q&A

By Lydia McNutt

YP NextHome: Why has Yonge & Eglinton become so popular for new condo and offi ce development? (Capital Developments should know, with three projects now in the works.)

Todd Cowan: It’s become such a hot spot as a result of a convergence of a few factors:• Public transit: The Eglinton Crosstown is the cornerstone of the $8.4-billion investment being made by the Government of Ontario. Once complete, it will make Yonge & Eglinton one of few anchor transit hubs in the GTA, and will signifi cantly elevate and transform its level of importance within the City of Toronto.• City planning: Yonge & Eglinton is one of few areas planned as an urban growth centre, whereby the planning guidelines support signifi cant intensifi cation.• Vibrant neighbourhood: While many other parts of the city poised to experience signifi cant population growth may lack the necessary neighbourhood infrastructure to support the boom, Yonge & Eglinton is one of Toronto’s most established neighbourhoods. It is home to some of the city’s greatest public and private schools, community centres, public parks, and a wealth of entertainment, retail and service amenities.• Employment growth: Yonge & Eglinton is already home to many signifi cant Canadian employers, and this number will continue to grow as new offi ce builds are developed in the area. When the Eglinton Crosstown is completed, the neighbourhood will be easily accessible from anywhere in the city.

YPNH: Do you foresee traffi c issues with all thisnew high-density development coming soon?TC: The density associated with the future development at Yonge & Eglinton will be signifi cantly less than other parts of the city, including the downtown core, which exist without major traffi c problems.

The typical residents of the newly built condos in the Yonge & Eglinton area are not heavily dependent on cars for their personal transportation. The completion of the Eglinton Crosstown, in addition to the existing Yonge-University subway line, will further alleviate this situation and we don’t foresee any long-term traffi c problems.

YPNH: How do you envision the neighbourhood in10 years? 20 years?

Midtown is the talk of the town, thanks to its roster of amenities,

employment, transit links, and the rising value of real estate. Yonge & Eglinton’s transformation has been nothing short of awesome, and even so, it’s still in its infancy. YP NextHome chatted with Todd Cowan, managing partner at Capital Developments, about this new development hot spot, traffi c and transit, and what lies ahead.

Making tracks in midtown


TC: I forecast Yonge & Eglinton to be considered the new Toronto midtown hot spot, especially as it is far closer to the rapidly growing suburban areas north of Toronto in the GTA. There will be major improvements in the caliber of retail, restaurants and services operating in the area, and stronger vendors will continue to open new locations to capitalize on the growing population. A great example of this is Loblaws opening a large-format store at Eglinton, just east of Yonge Street. This is just the beginning.

YPNH: Why did the company – originally CD Capital – decide to rebrand as Capital Developments? Is anything else changing for you, beyond your name?TC: The strategy is part of an over-arching initiative that places “people

and relationships” at the core of our business. Capital Developments is a people-first company and the brand’s tag line, “Relationships Matter,” clearly articulates this and differentiates the brand in a crowded market.

The addition of “Developments” better explains who we are, which is a company with a strong financial background and track record (critical in the industry), as well as extensive experience accumulated through the development of significant mixed-use developments in Europe (the root of our development organization) and North America, where we have been active for many years.

We forecast Capital Developments to continue its rapid growth as we become one of Canada’s leading development companies with a reputation of placing “people and relationships” at the core of our business.

Midtown is the talk of the town, thanks to its roster of amenities, employment, transit links, and the rising value of real estate

150 Redpath Condos is coming soon to the Yonge & Eglinton neighbourhood


By Alyssa Richard

MORTGAGE ADVICE

Alyssa Richard is the founder and CEO of ratehub.ca, a

mortgage rate comparison site that aims to empower

Canadians to make smart financial decisions.

What first-time homebuyers need to know before getting a mortgage

Continuing low interest rates present a window of opportunity for first-time homebuyers, but before you begin touring homes and hiring a real estate lawyer,

you need to get pre-approved for a mortgage.Once you’ve been pre-approved, remember that this is

the absolute maximum amount a bank or mortgage broker would be willing to give you – and the mortgage payment at that top price is often outside of people’s comfort zones, when it comes to their personal budgets. To ensure you’re not strapped for cash and become house poor, try to buy something at a lower price point. Your budget will especially thank you when – not if, when – interest rates go up.

Finance officials and economists have said for years that an interest rate hike was on the horizon. Since our economy follows the U.S.’s, the Bank of Canada will watch what the Federal Reserve does then go from there. It’s predicted that our prime rate could go up by as much as 1.25 to 1.50 per cent, though, which would affect anyone who had a loan attached to prime (variable mortgage, bank loan or line of credit). First-time homebuyers thinking of taking advantage of a low variable mortgage rate this year, should first run the numbers to see if you could afford this potential increase.

According to the Canadian Real Estate Association, the average home price in Canada is slightly more than $413,000. If we plug that number into a mortgage calculator, put down 20 per cent and choose a five-year variable rate (2.09 per cent, for example), your monthly mortgage payment would be $1,413. Now, if prime went up by 1.50 per cent, so would your mortgage rate. If yours went up from 2.09 per cent to 3.59 per cent, your monthly mortgage payment would go up to $1,665 – that’s $252 per month or $3,024 per year extra that you’d need to find in your budget.

Imagine how difficult that would be to come up with, if you’d already purchased something at the top of your max budget. And fixed-rate mortgage holders won’t be immune to the interest rate increase, either – those will likely go up, too, but you’d be protected from that until your mortgage came up for renewal. Still, I wouldn’t be surprised if we saw more people go fixed this year, in light of this potential

interest rate increase. Even if it weren’t on the horizon, it’s always best to stress test a mortgage before you buy. A good rule of thumb: if you can’t afford a two-per-cent interest rate hike, you may want to look at a home within a more appropriate price range.


Price gap between lowrise and highrise continues to widen

IN THE NEWS

By Lydia McNutt

The price gap between new lowrise and highrise homes in the GTA has broken a record, again. This, after hitting a 10-year high in April – an

indication that demand for lowrise is outstripping supply, according to the Building Industry and Land Development Association (BILD).

The price difference between lowrise and highrise in the GTA is now a staggering $343,492. Just one year ago, that gap was over $100,000 less, at $237,301.

“As the price of ground-related housing continues to grow at a record pace, it’s becoming increasingly difficult for GTA residents to afford a lowrise home,” says BILD president and CEO Bryan Tuckey.

The average price of a lowrise home (detached, semi-detached and townhome) reached $783,955 at the end of May – up 16 per cent over May 2014, and an increase from April when the average price was $775,419.

Meanwhile, highrise homes saw a slight dip in price month-over-month, averaging $440,463 in May over $448,760 in April.

As Tuckey notes, these prices are reflective of availability. At the end of May, there were 5,198 new lowrise homes available for purchase across the GTA, representing just 20 per cent of total new-home inventory in the region. That’s a lot of condos up for grabs.

“The effect of new-home pricing is also trickling down to resale homes, which is something that affects all homebuyers,” Tuckey adds. “As inventory borders on record low level, we need an adequate supply of lowrise homes to ensure healthy levels of housing choice that are necessary to accommodate the needs of our expanding region.”

$783,955

High RiseLow Rise

$440,463

MONTHLY REALNET NEW HOME PRICE INDEXGreater Toronto Area – January 2004 to May 2015

$800,000

$700,000

$600,000

$500,000

$400,000

$300,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

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BOND WITH TORONTO’S MOST THRIVING NEIGHBOURHOOD AND CONNECT TO COMMUNITY, CULTURE, CONVENIENCE,

AND AN ADDRESS THAT’S PLUGGED INTO EVERYTHING.

oronto’s Entertainment District has been through a dramatic evolution. Beginning as a booming industrial district, then developing into a lively

neighbourhood with a dynamic nightlife, the Entertainment District has just undergone what may be its most significant transformation yet.

Beckoning residents to the city’s core, Toronto’s decade-long condo boom has replaced clubs with condos, and the Entertainment District has been redefined as one of the city’s most sought after locations to live. Surrounded by cultural landmarks and exciting attractions, the Entertainment District now o�ers people the opportunity to live where their life is.

“The transformation of the Entertainment District has been spectacular. The area has exploded with new restaurants and an evolving nightlife scene, as well as the services and features of a residential neighbourhood” says Brian Brown, Vice President of Lifetime Developments. “Being able to live where you work and play has become increasingly important to buyers, and we are thrilled to be able to o�er this opportunity in one of Toronto’s liveliest neighbourhoods.”

Located at the corner of Adelaide and John Street, The Bond Condominiums by Lifetime Developments is one of the area’s most successful and highly anticipated projects. O�ering buyers a final opportunity for home ownership in this energetic neighbourhood, Lifetime has just announced the release of the Connected Collection – an exclusive selection of suites on the two top floors, and a limited number of newly released terrace suites.

“This will be buyers’ last chance to live at The Bond,” adds Brian Brown. “Steps away from the John Street Cultural Corridor, The Bond really o�ers residents the chance to live at the centre of it all with an excellent pricing o�er.”

To celebrate the release of the Connected Collection and the final suites at The Bond, Lifetime is o�ering a limited time promotion for $15,000 cash back on the purchase of

T

THE BOND UNVEILS THE CONNECTED COLLECTIONLIFETIME DEVELOPMENTS OFFERS ONE LAST CHANCE TO OWN IN THE COVETED ENTERTAINMENT DISTRICT

studio, 1-bedroom or 1-bedroom plus den layouts, and $30,000 cash back on the purchase of 2-bedroom and larger layouts. Purchasers can also look forward to only a 15% deposit.

Designed by Charles Gane of Core Architects, the tower’s 42-storey dramatic glass and steel façade will be anchored by a bold geometric podium. The stunning suite interiors are designed by Thomas Pearce Interior Design Consulting, and feature 9’ ceiling heights, floor to ceiling windows and spacious balconies in each suite – amplifying the suite’s panoramic views of the city and lake.

Kitchens boast custom-designed cabinetry, a choice of natural stone or quartz countertops, tile backsplash and state of the art European appliances. Bathrooms will also feature custom-designed contemporary cabinetry and the choice of natural stone or quartz countertops in addition to a 5’ white soaker tub and a glass shower stall adorned with chrome fixtures.

With two levels of amenity space on the seventh and eighth floors, residents will enjoy the Urban Retreat featuring a private lounge complete with a wet bar, event kitchen and dining room, elegant double sided fireplace; billiards lounge; golf simulator; and an outdoor terrace. Upstairs, the Fitness Retreat features a weight and cardio training room, double-height yoga studio, outdoor pool and hot tub, plus a sun lounge equipped with a juice bar.

“We have long known that the Entertainment District was an area on the rise and given the right attention to detail and design, would be appealing to buyers,” says Brian Brown, “With a landmark location and desirable amenities, this new collection of suites won’t be available for long.”

Visit Lifetime’s Inventory Boutique at 373 King St. West, Suite 302; call (416)546-7525; or go to www.thebond.ca for more information.

42ND FLOOR PENTHOUSE

Welcome to The Ravine, a master-planned community overlooking the Don Valley. Join us as we showcase our spectacular Model Suite designed by award-winning Ceccone Simone. Discover our exclusive H.O.T. Program (Home Ownership Today) a truly easy and affordable home buyer’s program. Take advantage of our special Grand Opening pricing and an additional $1,000.00 upgrade bonus.

1, 2 & 3 Bedroom Condominiums from the mid $200s

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By Ben Myers

STAT CHAT

Ben Myers is senior vice-president of Market Research

and Analytics at Fortress Real Developments. Ben assists in

evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian

housing market at fortressrealdevelopments.com/news or follow him on twitter at

@BenMyers29

Record unsold condo units? There’s more to that story

If you follow me on Twitter (@BenMyers29), you know that I’m a big baseball fan. Imagine for a second that Toronto Blue Jay Jose Bautista hits three home runs and strikes out once in a game, and the Jays win by fi ve runs.

The next day the headline in the newspaper reads: “Bautista strikes out in Jays win.” Of course that would never happen. However, strangely, this type of news reporting actually happens all the time when it comes to residential real estate in Canada. A new housing report comes out or new statistics are released, and the major focus of the report or data trend is ignored, while a smaller negative piece of information becomes the main focus.

For example, the May 2015 Canada Mortgage and Housing Corp. (CMHC) housing fi gures for the Toronto Census Metropolitan Area (CMA) were released showing that housing starts were up 57 per cent in May and 24 per cent year-to-date (YTD), condo absorptions were up four per cent in May and 133 per cent YTD, and pricing for new single-detached houses were up six per cent annually. Much of the coverage did not focus on this data. Instead the focus was on the increase in the completed and unabsorbed condominium supply (to 2,803 units). Although this is a record high, it represents less than 10 per cent of the completed condo supply over the past 12 months, well below many other major cities in Canada on a percentage basis.

The context for those 2,800 units was not mentioned, and there were more issues with the way the data was reported. In certain instances these units were listed as vacant, which is not necessarily the case, as many developers rent out their unsold units. CMHC also noted that just 69 per cent of CMA condominium apartment units that completed construction in May were sold. That seems very low, and it is. A condo absorption rate of under 85 per cent has only occurred in four months over the past 10 years! Condominium market research fi rm Urbanation pointed out that the CMHC numbers must be miscalculated, because the area of the Toronto CMA they claim had a big jump in unsold units, actually had no completed condos in May! It is true that even a high-quality organization like CMHC can make an error now and then.

Keep in mind many developers have no problem having unsold inventory at completion, as they believe that can achieve a price premium for a unit that a potential purchaser can walk through. Other developers keep units and rent them out, as they want to grow their stock of rental properties, knowing they can sell them at any time for more than it cost to build them.

My goal in writing this article is for the readers to think more carefully about what they read and the conclusions that are made, as there may be a lot more to the story.

The Toronto condo market has done much better than my beloved Toronto Blue Jays over the past decade, but the statistics actually point to a strong fi nish for both of them in 2015.


By Jayson Schwarz with files from Evonne Finnegan LLB and Ernest Wong LLB

LEGALLY SPEAKING

Why foreign investors love Canadian real estate

Toronto was the “hottest” city in the world last year, among the growing number of rich

and sometimes famous looking to purchase real estate. According to Christie’s International Real Estate, the luxury housing market in Toronto saw a staggering 37-per-cent surge in purchases from so called “high-net worth” individuals in 2014.

Toronto was tops for growth among desirable urban destinations from more than 80 global markets examined by Christie’s. Toronto was capitulated into the Top 10 “Best of the Best” cities in the world along with Dubai, Hong Kong, London, Los Angeles, Miami, New York, Paris, San Francisco and Sydney. Home prices here continue to soar with an average detached house price of $1.04 million.

For many foreign investors familiar with the cost of real estate in New York, London or Hong Kong, this demonstrates that values in Toronto have not yet reached their peak.

What do you need to know about purchasing property in Canada and Toronto in particular? First and foremost, there is no restriction on foreign individuals purchasing property in Canada, unless it affects the national interest. Let’s take a closer look:

Tax treaties Depending on your country of residence, there may be an international tax treaty in place between your country and Canada. In that case, there will be provisions governing the effect of income



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

partner in the law firm Schwarz Law LLP. Visit schwarzlaw.caor email [email protected]

and give us your questions, concerns, critiques

and quandaries.

earned on rental and sale proceeds of property in Canada. This translates to withholding tax and other questions being answered, and allows you to avoid double taxation. This also allows you and your advisers to properly plan and structure your transaction.

Legal structuresThere are various legal structures available to foreign investors in Canada:» Real Estate Investment Trust – this is a trust established to consolidate

capital for the purpose of investment in real estate.» Joint Venture – these are advantageous due to fl exibility in allowing for

varied and non-proportionate sharing of profi ts.» Partnership, Limited Partnership» Corporation» Personal Ownership

In order to ascertain which structure is best for you, consult your lawyer or accountant with expertise in real estate.

Getting taxed in Ontario...A purchase of new residential property in Ontario is subject to a 13-per-cent HST. Rebates are available for resident Canadians that either will occupy the premises or rent them out. Non-residents may not qualify in all situations for the rebates, so check with your lawyer or accountant.

The purchase of new residential property in Toronto is also subject to LTT from two levels of government, Municipal and Provincial, and average about 1.5 per cent each. Outside of Toronto, only the Provincial LTT is payable. Non-residents should consult their lawyer or accountant with expertise in real estate law and tax to reduce or avoid withholding tax.

Real estate brokersFor those wishing to buy or sell property, a qualifi ed real estate broker is essential. Real estate brokers are subject to special regulation in Canada. In Ontario, the Real Estate Council of Ontario is responsible for regulating real estate and administering the Real Estate and Business Brokers Act, 2002. A broker can assist in identifying a target for acquisition, preparing off ers and negotiating the deal. Once a qualifi ed broker understands his client’s requirements, he has access to one of the best multiple listing services in the world and can quickly hone in on the right property.

UK investors, for example…Tax treaties between Canada and the UK make Canada an attractive investment prospect for UK developers. The 1980 Convention between Canada, the UK and Northern Ireland prevents double taxation, exempts a resident of one of the contracting countries from Capital Gains Tax, when the tax has been paid, exempts in the other country on the disposal of assets.

The double taxation treaty means that subject to certain criteria, investors will not be taxed on income gained in one of the contracting states. If tax rates are diff erent in the two countries, you get credit for tax paid, and an adjustment if the tax in your home country is less than where you are earning the income. A company resident in Canada which receives income from interest, royalties, pensions or purchased annuities from UK sources may be able to apply for relief from UK tax and vice versa. With the benefi t of double taxation treaties, companies can take advantage of the booming real estate market in Canada.

Depending on your country of residence, there may be an international tax treaty in place between your country and Canada

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By Howard Bogach

TARION REPORT

Howard Bogach is president and CEO of Tarion Warranty Corp.

For more information about how Tarion helps new-home buyers, visit tarion.com or find us on Facebook at facebook.com/

TarionWarrantyCorp.

Common concerns of new-home owners

It’s a fact that new homes and condos are not perfect. The home building process is the work of craftsmanship, where many tradespeople collaborate to bring your new home to life. This is why it isn’t uncommon for a new home

to have some imperfections. While an imperfection in a new home is no cause for concern, a defect in construction is something your builder should repair.

All new homes in Ontario come with a warranty that lasts seven years from the date of the first possession, guaranteed by Tarion. The warranty was created to ensure homeowners receive a new home that is constructed in a workmanlike manner, is free from defects in material, is fit for habitation and is constructed in accordance with the Ontario Building Code.

Let’s have a look at the most common issues that homeowners are concerned about, and whether they are considered defects that fall within the new home warranty coverage.

Flooring One of the most common concerns raised by homeowners is issues with flooring. Homeowners mention uneven finishes, visible gaps between boards, scratches, crowning or cupping (creating an uneven floor).

Hardwood floor problems can arise from defects in material or poor installation. Often, however, deficiencies can be traced back to moisture content. Builders can avoid such problems by acclimatizing the wood and ensuring that the subfloor is not wet before installation. Homeowners also need to do their part to ensure that hardwood flooring problems do not arise because of excessive or insufficient humidity levels in the home. Maintaining a proper interior climate is essential to the health of your hardwood floor. If your new home includes hardwood flooring, I encourage you to speak to your builder and visit Tarion’s website to view our videos on how to control the moisture levels in your home.

If you notice any flooring deficiencies or damage during your Pre-Delivery Inspection (also known as the PDI), note them in the PDI Form. If deficiencies become apparent later, contact your builder as soon as possible. It is also a good idea to keep photographic records with date and time stamps if you start to see damage on your floors after you move into your new home.

Interior finishing New-home owners commonly complain about paint – streaks and brush marks, poor quality paint, poor workmanship, and drips and splatters. Generally, paint is covered under the one-year warranty. Where paint finish is specified, exposed surfaces are to be properly painted.

Doors are another common issue with new-home owners. The most common complaints include doors that are inadequately installed, sticking or improperly finished. Defects in doors and improper installations are covered under the one-year warranty.

Managing interior climate control Controlling a home’s moisture level is an essential part of keeping your new home healthy. Today’s energy-efficient homes are built tightly to seal out the cold weather in winter and keep in the air

conditioning in summer. However, lack of proper ventilation or humidity control by the homeowner can lead to damage that would not be covered by the statutory warranty.

The good news is that as a homeowner, you can follow some simple steps to keep your interior climate healthy. At your PDI, it is a good idea to ask your builder how to maintain proper moisture levels in your home. As a general rule, the healthy range is 30 to 50 per cent. You can also visit Tarion’s website to view videos on how to control moisture, and tips on how to maintain your new home.

And remember, Tarion is always here to help. If you have any questions about your new home warranty visit tarion.com or call 1.877.9TARION.

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CONDO PROFILE

PACE ON MAIN:Inspired condo living in downtown Stouffville

Everything this vibrant and historic town has to offer is within a short stroll of Pace on Main condominiums in Stouffville. Since 2009 award-winning builder,

Geranium Homes, has played a pivotal role in the growth of Stouffville and is now selling the first condominium to be located right on Main Street.

“Stouffville is becoming an impressive alternative over Markham for condo seekers. It feels a world away from Markham’s bustle and congestion, yet it’s only 10 minutes north,” says Stephanie Lane, marketing and sales manager for Geranium.

Pace on Main has an unbeatable location, within walking distance to a variety of restaurants, shops and a weekly farmers’ market. Nearby, Memorial Park is a hub for outdoor activities, and the adjacent Leisure Centre houses fitness

facilities, as well as the main library branch. Lebovic Centre for Arts and Entertainment is a popular venue for live performances, and Latcham Gallery has long been an integral part of Stouffville’s thriving arts community. And, to travel into Toronto, or for visits by friends, you’ll appreciate the GO station is just steps away. Getting around by car is easy and Hwys. 407 and 404 are only a few minutes away.

Pace on Main is a midrise, boutique-style condominium residence that is designed to reflect

Pace on Main will become a new condo destination


Visit the sales centre, which features a model kitchen vignette, at 6212 Main St. in Stouffville. Hours are 1 to 6 p.m. Monday to Thursday;

and noon to 5 p.m. weekends and holidays; closed Fridays; or by

appointment. Call 905.591.1071 or visit paceonmain.com

You owe it to yourself to get exactly what you’ve been looking for – a brand new condo in a downtown location at Pace on Main

the history of its neighbourhood. On the corner of Main and Lloyd Streets, the elegant facade featuring a combination of brick and stone will rise to five storeys with a new branch of Pace Credit Union occupying the ground floor.

Envisioned by renowned interior design team Bryon Patton & Associates, the building’s amenities include a welcoming lobby, The Main Street Lounge with two fireplaces, three televisions, a convertible billiards table, and a kitchen and bar. Doors lead out to the terrace where barbecues and seating areas create the perfect space for summer entertaining and alfresco dining.

An excellent selection of suites remains for every lifestyle. Choices range from one- to three-bedroom suites in sizes from 650 to 1,571 sq. ft. Classic interiors feature Geranium’s quality finishes with nine-ft. ceilings, engineered hardwood flooring, granite countertops and full-sized stainless steel-finish kitchen appliances, as well as a private balcony. Prices start at $329,900 and include an underground parking space.

For 38 years Geranium has taken numerous master-planned communities from conception to completion, creating neighbourhoods with families in mind, and establishing a solid reputation for quality design and construction. Geranium was proud to receive the industry’s 2014 Places to Grow Community of the Year Award, and in 2012, the Home Builder of The Year and Canadian Home Builder Association’s Grand Sam awards.

You owe it to yourself to get exactly what you’ve been looking for – a brand new condo in a downtown location at Pace on Main.

A kitchen vignette showcases quality finishes

Live in the heart of Stouffville


Emerald City unveils pencil-crayon inspired art

IN THE NEWS

By Sonia Bell

Emerald City is bringing a whole lot of colour to the Parkway Forest community with its pencil crayon-inspired public art display. ELAD, the developer

behind Emerald City, unveiled the art installation at a public event on Jun. 20. The master-planned community, located at Don Mills and Sheppard Avenue, is now another step closer to completion.

The public art displays, created by world-renowned artist, Douglas Coupland, are big, bold and incredibly colourful. The first collection, deemed “The Four Seasons,” includes a 60-ft. “fall” cone with autumn colouring situated at the corner of Sheppard Avenue East and Don Mills Road. The other three cones stand 48 ft. high, and represent the remaining three seasons – spring, summer and winter – and are positioned in a line through the Emerald City site.

The second collection, dubbed “Cylinders,” consists of seven cylinders spanning between 24 and 48 ft., which

are located throughout the various facilities and towers. Emblematic of Laurentian pencil crayons, the art instillations create a playful and upbeat atmosphere throughout the entire neighbourhood.

Adding character to the community, the public art is one of the final touches to the entire vision for Emerald City. According to Len Abelman, principal, WZMH Architects, “The public art has really complemented the master-planned vision that we set out to create. [It] enhances the neighbourhood, [and] fits in and blends in beautifully.

“Now with this public art in place, I don’t think it could’ve looked any better ... Toronto can be proud to have another really successful public art installation in the city.”

Emerald City has something for everyone, and the new art installation is just one facet that will draw people to the developing Parkway Forest neighbourhood.

Ori Belavin, manager of development and planning, notes “Emerald is part of the larger community of Parkway Forest. We’ve revitalized the neighbourhoods adding condominium projects, rental buildings, 50,000-sq.-ft. community centre, day care facility, aquatic centre, outdoor pool. We also have townhouses, so we really do cater to every kind of buyer or renter in the neighbourhood.” To find out more, visit online at emeraldcitylife.ca or call 416.492.0001.

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$60K – what Canadians pay in mortgage interest

IN THE NEWS

By Wayne Karl

It’s a scary question many homeowners are afraid to answer: how much will your mortgage interest total over the lifetime of your mortgage? Well, wonder no

more – a recent poll from BMO Bank of Montreal has the answer: $60,000.

But that’s the average for Canada. Some will pay more, some less.

» While the average amount Canadians expect to pay in mortgage interest is $57,938, the figure rises to its highest in Canada for residents in BC at $95,891. Homeowners in Atlantic Canada expect to pay the least, at $35,454

» Canadians expect an increase in interest rates over the next five years (60 per cent), with 48 per cent expecting a small increase and 12 per cent a large increase

» Most Canadian mortgage holders (67 per cent) currently hold a fixed-rate mortgage, sheltering them against any potential upswings

“It’s quite telling of the extended low-rate environment that a sizeable percentage of respondents [40 per cent] do not expect interest rates to go up in the next five years,” says Sal Guatieri, senior economist, BMO Capital Markets. “Hopefully, many have not been lulled into thinking that rates will never go up, as they could be tempted into taking on too much debt.”

It’s not surprising that British Columbians are paying the most mortgage interest, as house prices in that province are the highest in the country, he says. The average was $623,000 in April, compared with $437,000 nationwide and $456,000 in Ontario.

“In any interest rate environment, it’s important that Canadians stress-test their mortgage against a higher rate to ensure they can afford it over the long term,” says Martin Nel, vice-president of personal lending and investment products, BMO Bank of Montreal. Average age of mortgage freedom inches higher: On average, Canadians expect to become mortgage-free by the age of 59 – up from 58 in the last two years. One-third (31 per cent) expect to still be making mortgage payments on their 65th birthday.

3 tips to become mortgage-free faster:

Think carefully about fixed versus variable:

While variable-rate mortgages have been a winning strategy over the long term, fixed-rate mortgages (currently near historic lows) come with the peace of mind of being insulated against rate increases.

1Stress-test your mortgage: Gauging

the stability of your mortgage by stress testing it against a higher interest rate can help establish a plan to ensure long-term affordability.

2Understand every step of the home-

buying journey: The BMO Home Buyers Guide provides advice and information to guide buyers through the process of financing, choosing and buying a new home. Visit bmo.com for more information.

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Canadians choose the cottage over city getaway

IN THE NEWS

By Olivia Bowden

Canadians may be looking to trade in those plane tickets for a long weekend up north,

according to a new survey from ReMax. When given the option, Canadians choose the cottage.

The 2015 ReMax Recreational Property Report showed almost 68 per cent of Canadians were in favour of spending their weekend at the cottage or cabin, as opposed to a big-city getaway. Canadians were also willing to make sacrifices to afford their dream recreational property, with 21 per cent responding they would downsize their current home to afford a second one.

Recreational property markets across Canada are seeing the benefit of the low Canadian dollar, which is motivating Canadians to keep their spending within the country.

Some Canadians are also following a trend of selling their U.S. recreational properties, which may have increased in value since the 2008 recession.

The report highlighted price appreciation in some recreational property markets year-over-year including an increase in sales. Markets such as Muskoka, Whistler, Peterborough and The Kawarthas, Haliburton and Wasaga all saw a rise in median market prices, with Peterborough and The Kawarthas experiencing a 27.9-per-cent increase.

The explanation for these increases is a hike in sales in the upper-end of the market, with GTA buyers looking to less developed areas such as Stony Lake and Clear Lake instead of Muskoka.

Looking to the east and west coasts of the country, the low price of oil has had some effect on markets where many purchasers are oil industry employees. However, some Newfoundland waterfront properties outside of St. John’s are seeing steady sales giving the market a fair start.

According to ReMax, the buying market for recreational properties this season has begun strong and is expected to continue into the summer due to low interest rates and high demand.


CONDO PROFILE

THE ARBORS CONDOS IN AURORA COMING THIS FALL BY BROOKFIELD RESIDENTIALRegister now for A-list access

This fall, the opportunities to live at The Arbors will expand, when Brookfield

Residential introduces The Arbors Condominiums to this highly successful master-planned community in

Aurora. Now is the time to register for this intimate, four-storey residence, where nature will be your neighbour. Live adjacent to parkland, protected woodlots, nature trails — just imagine the striking views you will enjoy. You will also live close to a multitude of existing amenities in the established surroundings. It’s the best of all possible worlds.

When The Arbors Condominiums goes on sale, you will be able to choose from one- and two-bedroom suites priced from just the $300,000s


To register for A-list access and priority information including floor plans and your preview invitation for The

Arbors Condominiums, visit LiveArborsCondos.ca

(including parking). The value is incredible, especially for this prime area. Situated just north of Wellington Street, off of Leslie Street, The Arbors offers convenience. Hwy. 404, the GO train and a transit bus stop in the neighbourhood make it handy for commuters to get around the GTA, with Toronto being only 30 minutes away.

Nestled into the rolling hills of the Oak Ridges Moraine, with its rich valley land, forested areas, pastoral terrain and pedestrian trail system, the Town of Aurora is home to shops, grocery stores, banks, day care centres, eclectic restaurants, parkland, excellent schools, championship golf courses and popular entertainment venues. A trip to downtown Aurora is a unique experience, with stores and services cradled in preserved historic buildings along tree-lined streets. Plus, The Arbors community itself includes several parks and a trail system.

In Brookfield Residential’s sought-after Arbors community, the condos will feature a variety of amenities including a party room for entertaining, an outdoor barbecue patio lounge, billiards room, pet mudroom, exercise room and yoga studio, just to name a few. The building will also offer a concierge, as well as bike and flex storage space. Host get-togethers, exercise, relax and have fun without ever leaving the building. All this and more is close to proposed walkable amenities including grocery stores, retail and restaurants.

Focused on the utmost in customer care, Brookfield Residential is a premier home builder with almost 60 years of experience making home-ownership dreams real for families across Ontario. Known for its exceptional communities, Brookfield Residential applies the highest possible standards in creating neighbourhoods that speak to the aspirations of homebuyers from every walk of life. Since 1956, Brookfield Residential has built more than 25,000 fine new homes in dozens of signature communities across Ontario, all prime examples of the company’s quality, value and integrity. When you purchase a Brookfield Residential home, you’re getting the best value – and a lifestyle you’re going to love for years into the future.

The Arbors Condominiums will be yet another testament to Brookfield Residential’s commitment to excellence, and the opportunity is exciting. Be among the first to explore all that this brand new condominium has to offer.

In Brookfield Residential’s sought-after Arbors community, the condos will feature a variety of amenities including a party room for entertaining, an outdoor barbecue patio lounge, billiards room, pet mudroom, exercise room and yoga studio, just to name a few


DESIGNER ADVICE

By Yanic Simard photos by Ted Yarwood

Whether or not you can find the time for a true cottage getaway this summer, a

sense of relaxed living can be infused into your home through the power of decor. To get the best of lake-side living, even in your urban abode, here’s my guide to the essential details of cottage-inspired decor:

Let wood reign: Naturally, wood is one of the first materials you think of when you think “cottage” – but you must know how to use it right.⊲ To create a feeling of consistency,

run wood floors continuously throughout, even into the kitchen. It can survive the occasional spill if you treat it properly. Embrace wood with visible graining, such as Mir Hardwood’s Reclaimed Parquet collection (which mixes woods for rich character).

⊲ For those who prefer a hard surface, consider an inset tile “mat” for the kitchen, entry, or other wet areas – it keeps the floor flush (and there’s no sisal rug to try to wash the mud or red wine out of).

⊲ Plank walls give the textural look of a cottage cabin interior, but unless you live directly on the water, you may find this much wood a bit overwhelming. Paint it out a white or pale colour to maintain an airy, relaxed vibe, or go for a deep espresso stain and break up the wood with white accents such as art and drapery.

Cottage country in the city



Cottage decor often comes down to celebrating the basic essentials, such as beautiful plates, vintage servingware, and stunning pots and pansTimeless tile: Subway tile is a versatile classic that can appear either modern or traditional, depending on the details.⊲ The most popular form of

contemporary subway tile is crisp white porcelain, but you don’t have to go so minimal. Consider a tile with a more organic surface shape and subtle, uneven colouring, to bring in some traditional warmth, or choose a style with a bevelled edge for a sleek touch of class.

⊲ A cottage-inspired kitchen is also a great place to play with the colour of your tile grout. The geometric patterns of subway tile (or any other shape) can be highlighted with dark, contrast grout, or you could even choose one with a colour infused to add a playful accent.

Focus on faucets: Even in the most humble cottage, a slight hit of sparkle usually appears in the form of an eye-catching kitchen faucet.⊲ Whether your goal is a transitional

or traditional style, a “bridge” faucet (which sits above the counter on two widespread arms rather than one in the centre) adds an uncommon graceful touch.

⊲ If you find yourself often filling large pots (for soups or pastas, for example), a wall-mounted faucet placed over the stove is extremely practical, and makes the fixture even more of a standout feature.

DESIGNER ADVICE...continued


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Yanic Simard is New Condo Guide’s design editor, principal

designer of award-winning Toronto Interior Design Group

(tidg.ca), and regular guest expert on City’s Cityline. Check

out Yanic’s accessory line, Yanic Simard Selected, by visiting

online at ysselected.com

Cottage colours: It’s hard to imagine a cottage-inspired colour scheme without the calming essence of a clean, fresh white.⊲ For an earthy, Zen atmosphere, pair white with off-white

neutrals (greys, beiges, or both) and let texture and materials become the focus – it recalls the simple beauty of sandy shores and pebbled paths without feeling too stark.

⊲ For a livelier nautical vibe, blue can’t be beat as a cottage-inspired favourite. In general, a cottage interior tends to choose a limited palette and stick to it, so pick one hue to repeat in smaller or larger doses from room to room (and if you want a little extra punch in a key area, try small hits of red for spice).

Soft and strong: Seating in a cottage-inspired home tends toward two timelessly practical (and beautiful) categories: wood and slipcovered.⊲ Sturdy wood barstools, dining chairs, and benches are

perfect options for bringing in a sense of natural strength, as their open frames still allow for an airy and relaxed look, and they contrast soft upholstery beautifully.

⊲ Whether or not you find yourself regularly tracking sand inside, slipcovered furniture is practical for its ease of washing and for the ability to swap out looks between seasons. Plus, a skirted front on a sofa or chair communicates the relaxed cottage vibe,

especially in a heavy natural fabric (such as a linen blend).

Everyday beauty: Cottage decor often comes down to celebrating the basic essentials, such as beautiful plates, vintage servingware, and stunning pots and pans.⊲ Open shelving is a popular trend

which suits the most rustic spaces (think simple wood plank shelves) or even more modern schemes (try vanishing floating glass). However, if you prefer to keep your storage behind closed doors, consider varying the heights of your cabinets – this creates neatly framed niches at the ceiling where you can display party serveware you use occasionally (such as elegant porcelain pitchers).

⊲ If you have precious plates you won’t use often (or even favourite ones that you do!) an artful arrangement over your dining table makes a classic cottage-inspired display – choose all white pieces if you want to keep the look modern. Similarly, cool copper pots hung on an open rack make a trendy metallic statement in between recipes.

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DESIGNER ADVICE...continued

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HOMEBUYERS’ HELP

What all new home buyers need to know

One of the many advantages of buying a new house or condo – aside from the benefits of being able to pick and choose the features and

finishes to suit your taste – is that almost all new homes in Ontario come with a warranty.

In fact, the province’s new home warranty program offers coverage up to a maximum of $300,000 on each property. This warranty is administered by Tarion Warranty Corp. and covers your new home for up to seven years. In the event a sale can’t be completed, there is also deposit protection up to a maximum of $40,000 for new houses and $20,000 for new condos. (Excess deposit amounts are also protected by the trust provisions of the Condominium Act.)

The warranty is broken out over one-, two-, and seven-year coverage periods during which time purchasers can apply to Tarion and their builder to remedy any problems that may have arisen since taking possession of their new home.

The one-year warranty protects against defects in workmanship and materials and any violations to the Ontario Building Code. The two-year warranty protects against defects in the electrical, plumbing and heating systems, any water penetration issues, and defects in the exterior cladding. During the seven-year warranty period you are protected against major structural defects that could affect the safety of the dwelling, such as the failure of a load bearing wall.

A complete overview of the home warranty program is found in a document called the Homeowner Information Package. You can access this document anytime at tarion.com. Your builder is also required by law to provide you with access to a copy of it before, or at, the closing of your new home.

The law dictates that all new homes in Ontario come with this mandatory warranty coverage. It is also required by law that all new home builders in the province be registered with the Tarion Warranty Corp. Every registered new home builder in the province is listed on the Ontario Builder Directory pages at tarion.com. If your builder does not readily provide you with requested warranty rights information, and you do not find their name on the directory, you are advised to think twice about purchasing that home.

More information is available online at tarion.com. NC

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2015-05-05 5:53 PM

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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 the GTA

GTA EditionJuly 4 – August 1, 2015


CITYLIGHTS ON BROADWAYBy Pemberton GroupRegister now for the south tower with new suite designs in the popular Yonge and Eglinton neighbourhood.Web: CityLightsCondos.ca

VIDABy Castle Group DevelopmentCondos coming soon to the luxe Bayview Village area, steps from the subway.Register today.Web: VidaCondos.com

150 REDPATHBy Freed Dev./Capital Dev.Coming this fall to Yonge and Eglinton. Register today to stay in the know.Web: RedpathCondos.com

STANLEYBy Tribute CommunitiesRegister now to live at one of Toronto’s most iconic locations, at Church and Carlton.Web: MyTribute.ca

previews & registrations


new releases & grand openingsISLINGTON TERRACEBy TridelGrand opening at this new, master-planned community minutes from Islington Villageand Kingsway on Bloor.Web: Tridel.com

BLUE DIAMOND AT IMPERIAL PLAZA By Camrost FelcorpThe sales centre is now open for thisdazzling new condo coming soon toAvenue and St. Clair.Web: BlueDiamondCondos.ca/cg

THE BOND CONDOMINIUMSBy Lifetime DevelopmentsFinal release of The Bond’s Connected Collection offers suites on the two top floors, plus a limited number terrace suites.Web: TheBond.ca

THE SOUTHWOODBy StreetcarPhase 2 now open – the Ravine Collection, minutes from downtown on the water’s edge, in The Upper Beach. Web: TheSouthwood.com

EAST FIFTY FIVEBy Lamb Dev. Corp. & Hyde Park HomesNow open. Spectacular modern residences coming soon to Toronto’s lower east side. Web: East55condos.ca

THE RAVINEBy Urban Capital & ALIT DevelopmentsModel suite now open in North York, where city and nature come together.Web: TheRavine.ca

TEAHOUSEBy Lanterra DevelopmentsPhase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Register now.Web: TeaHouseCondos.com

AQUALINA AT BAYSIDEBy TridelConstruction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open.Web: Tridel.com/aqualina

RIVERCITY 3By Urban CapitalPresentation centre and model suite now open at Urban Capital’s new condominium coming to the revived West Don Lands.Web: RiverCityToronto.com

CONDO WATCH

DANIELS WATERFRONTBy The Daniels Corp.Dive into an arts-inspired life on Toronto’s waterfront. Register today.Web: DanielsWaterfront.com

BRIAR HILL CITY TOWNSBy Madison HomesBungalow and two-storey city towns comingto Briar Hill at Dufferin. Register now.Web: MadisonHomes.ca

SAIL CONDOMINIUMSBy Opearl DevelopmentsThe new wave of design is here! Modern urban condos coming soon to Victoria Park and Sheppard. Register for priority preview.Web: SailCondos.ca

GRID CONDOSBy CentreCourt DevelopmentsGet schooled on smart condo living inToronto’s “Learning District.” Register now.Web: GridCondos.com

MARQUETTEBy Kubo DevelopmentsNow previewing, boutique urban townsnear Bathurst and Wilson. Visit the salescentre today.Web: Marquette.ca

CONNEXIONBy North Star HomesPreviews continue in this prime Bloor and Islington community. Register now for first priority preview.Web: NorthStarHomesInc.com

LIBERTY CENTRAL TWOBy CanAlfaPresentation centre now open. The sequelto Liberty Central By The Lake showcases spectacular lake and city views in the popular Liberty Village neighbourhood.Web: LiveInLiberty.com

EAST UNITED By SigNature CommunitiesRegister now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King.Web: eastunitedcondos.com

JOY CONDOSBy GemterraComing soon to this prime Scarborough location, near Kennedy and Sheppard.Register now to stay up to date.Web: JoyCondos.com

Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]

416

Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected.

Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. March 2015

don’t miss out on this amazing opportunity.the oneeleven condominium residences are now over 75% sold!

register today at oneeleven.ca or call 647 351 4111.

CONDOMINIUMS + LOFTS

the amenity floor at oneeleventhe open-concept indoor/outdoor social space encompasses a variety

of entertainment, dining + lounging areas featuring an expansive, multi-use patio, library, lounge with mini-theatre, barbeque + fire pit.

oneeleven is under construction

live at the heart of king & bathurst beginning Winter 2016

111_NCG_04-16_ad2.indd 1 2015-05-14 3:50 PM



Sail Condominiums launching soon at Victoria Park and

Sheppard Avenues

IN THE NEWS

Rising soon near Victoria Park and Sheppard Avenue will be one of the most distinctive condominium projects in the city, Sail

Condominiums, now being developed as a modern and urban living environment by Opearl Developments. The 18-storey building, designed by Keith Loffler McAlpine Architects, is a gracefully curving tower giving the impression of a yacht headed out to open sea, and will become a notable landmark in the area’s growing skyline.

Sail Condominiums will be the perfect combination of affordable luxury in one of Toronto’s best locations, situated near existing transit and the proposed Sheppard LRT, with Hwys. 401, 404 and the Don Valley Parkway only minutes away for commutes to downtown or for weekend escapes.

The project will be surrounded by shopping and dining options, being walking distance away from the high fashion of Fairview Mall and Victoria Park Square across the street. The Victoria Park and Sheppard Avenue area is one of Toronto’s most desirable and mature neighbourhoods for affordable urban living, with many established schools, Wishing Well Park and Vandenburg Park offering nearby open greenspaces.

Sail Condominiums will offer a full suite of amenities, all designed to promote engagement and a socially active lifestyle amongst residents, and to utilize these amenities as extensions of their personal living spaces. There is a multi-purpose party room in which to entertain family and friends, and in the nicer weather, the room opens up to a fully landscaped outdoor courtyard. There is also a fully equipped fitness centre, complete with the latest cardio, aerobics and weights equipment.

Resident suites have been meticulously crafted with great attention to even the smallest detail. The features and finishes are of an exceptionally high quality and suites are available including studio, one-bedroom, two-bedroom and three-bedroom layouts.

Designed by award-winning interior design firm Gordana Car, some suites include balconies and each offers large windows for an abundance of natural light, with flexible and functional floor plans with well-thought out spaces to maximize efficiency in everyday living.

Sail Condominiums are developed by Opearl Developments, a family-owned and operated development business. Opearl has had extensive and successful operations in mainland China and has been in business for 40 years. They pride themselves in developing high-quality residences for all of their purchasers and operate with a business philosophy of being fair and honourable with all of their clients in all of their businesses.

To learn more about the value and luxury at the distinctive Sail Condominiums, visit sailcondos.ca or call 416.756.SAIL (7245).

THENEW WAVE OF DESIGN IS HERE

C O N D O M I N I U M S

COMING SOON TO VICTORIA PARK & SHEPPARDMODERN URBAN CONDOS FROM $199,900 Introducing Sail Condos. Magnifi cent architecture inspired by the graceful contours of a sail. Sophisticated amenities including a chic Lobby Lounge, elegant Party Room and modern Fitness Centre. Superb location in a vibrant neighbourhood, minutes from major highways, Sheppard subway & LRT, Fairview Mall, Seneca College, parks, schools and more. This is the new shape of condominium living. Welcome home.

REGISTER NOW FOR A PRIORITY PREVIEW SAILCONDOS.CA

EXCLUSIVE LISTING BROKERAGE MILBORNE REAL ESTATE INC. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

D E V E L O P M E N T S

VICP 40660 CONDO GUIDE.indd 1 2015-05-28 4:05 PM



By Wayne Karl

FUNDAMENTALLY SPEAKING

Wayne Karl is an award-winningwriter and editor with experience

in real estate and business. In Fundamentally Speaking,

Wayne explores the basicsof buying property. Email Wayne at [email protected]

or follow him on Twitter at Twitter.com/WayneKarl

Toronto’s SmartTrack transit gets a big boost with federal funding

Major John Tory and the city of Toronto received a big boost to the SmartTrack transit plan yesterday, with the federal government committing $2.6 billion to the expansion.

Ottawa’s contribution amounts to about one-third of the cost for SmartTrack transit, a regional express rail surface line intended to provide relief for the overcrowded Yonge-University-Spadina subway line, and connect Toronto to major employment centres in Mississauga and Markham.

The funding is to come from the new Public Transit Fund, the federal government’s largest dedicated, permanent infrastructure program, announced in the Economic Action Plan 2015.

What is SmartTrack?

» SmartTrack transit is a Regional Express Rail (RER) surface subway, providing service from the Airport Corporate Centre in the west, southeast to Union Station and northeast to Markham. It will have 22 new station stops and fi ve interchanges with the TTC. The line is scheduled to begin service in 2021.

» All-day, two-way, frequent express service across the city, reducing a commute from Kennedy subway to Union Station to less than 30 minutes, from the current 40 via subway.

» An estimated ridership of 200,000 per day, equivalent to about half the daily ridership of the existing Bloor-Danforth line.

» 53 kilometres in length, and is mainly a retrofi t of two existing GO lines operated by Metrolinx. Approximately 90 per cent of its length will be on existing GO trackage. It will not displace any existing roadway.

» The same fares as regular TTC rides, and will have integrated faring with TTC. No new fares will be needed at interchange points with the TTC network.

» Will use new electric multiple unit vehicles (EMUs), and no diesel locomotives.

Since 2006, Ottawa has provided support for a number of major public transit projects across Canada:

» $697 million for the Toronto-York Spadina Subway Extension project in Toronto. This project is extending the current Spadina line by 8.6 kilometres into the city of Vaughan, connecting to GO train services and six new subway stations, including one at York University in North York.

» $265 million for a new LRT line between Waterloo and Kitchener, as well as a rapid bus transit from Kitchener to Cambridge.

» $600 million for the construction of the Confederation Line in Ottawa, a 12.5-kilometre electric light rail system that will cross the city, currently under construction and scheduled for start up in 2018.

» $416.7 million for the construction of the Evergreen Line in Metro Vancouver, currently under construction, to link to the existing Millennium Line, with connections to other transit lines and regional bus networks.

» $400 million for the construction of the Edmonton Valley Line (Stage 1) Southeast LRT in Edmonton, integrating into existing LRT and other transportation networks.

Ottawa’s contribution amounts to about one-third of the cost for SmartTrack transit...

SOUL CONDOS AT FAIRVIEW PARK

CONNECT CONDOS AT FAIRVIEW PARK

*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Exclusive Listing Brokerage; Cornerstone Marketing Realty Inc., Brokerage. ©FRAM 2015. All rights reserved. E.&O.E. JUNE 2015.

Shop, skip and a jump

Discover a dynamic, master-planned community in the heart of North York before it’s too late. Steps from Fairview Mall, minutes from the Don Mills Subway Station and TTC, enjoy a 1-acre on-site park in Fairview Park’s backyard and urban amenities at home’s doorstep.

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IN THE NEWS

Your custom lifestyle awaits at Barrington condominium flats

NEW FLOOR PLANS AND COMBINED SUITE OPTIONS NOW AVAILABLE

If you’ve dreamt of a custom residence in one of the city’s finest neighbourhoods, Lash Group of

Companies and The Goldman Group have an exciting opportunity you need to know about – The Barrington Condominium Flats. With new floor plans just released and the option to combine suites, The Barrington has it all!

Located at St. Clair Avenue West and Bathurst Street, this exceptional community is steps from the St. Clair West subway station, easily accessible to highways, and a mere 15-minute commute to the downtown core. The neighbourhood itself contains a wealth of eateries, shops, libraries, parks, trails and bike lanes for a perfectly balanced life. Plus,

there’s ZipCar parking right on site for those times when the call of the open road just can’t be ignored.

The Barrington brings condominium buyers a rare opportunity to combine suites, allowing for a customized living space that caters to your particular needs and wants. Larger, busy families who crave a city home can enjoy the maintenance-free condominium lifestyle in spacious suites.

The Barrington brings buyers two suite collections – The London Flats and The Knightsbridge Flats. While both will impress with open living spaces and careful attention to every detail, The London Flats Collection lets you own a home of your own from just $1,750 a month. The Knightsbridge Collection come with a $20,000 designer upgrade bonus. Both feature newly designed floor plans with attractive, convenient entryways, spacious bedrooms and ample storage. The value is exceptional.

Each incredible suite, with sizes that range from 555 to more than 2,200 sq. ft., offers the finest in indoor/outdoor living, with a balcony or terrace (sometimes both!) expanding your private space. Natural light streams in through the floor-to-nine-ft.-ceiling windows too.

Interiors were designed by Toronto’s renowned Tanner Hill and Associates with elegant touches noticeable, right down to the extra-deep baseboards. Fitting its upscale location, as well as its striking contemporary architecture by EI Richmond Architects, each unit offers designer features including pre-engineered hardwood floors, stainless steel appliances and sinks, designer ceiling fixtures and spa-inspired bathrooms.

The Barrington provides residents with every desirable amenity, including an attentive concierge and an extensive list of beautifully designed spaces to share with friends and family. Helping to grow your personal space by thousands of square feet are a multipurpose room with catering kitchen and spacious dining area; a sophisticated lounge area with multi-media wall and billiards table; and an expansive outdoor terrace with barbecues and stunning views. You’ll enjoy multiple entertaining options, so you can gather in the ones you love the most to celebrate this incredible lifestyle – in ease and style.

The Lash Group of Companies and The Goldman Group have already changed the streetscape with their landmark communities at 500, 530 and 743 St. Clair Avenue West, and their track record is your quality assurance. Together, these family-owned builders bring more than a century of experience to your custom home-buying experience at The Barrington Condominium Flats.

Find out more about The London Flats and The Knightsbridge Collection today with a visit to the Presentation Centre at 522 St. Clair Ave. W., open Monday to Wednesday from noon to 6 p.m.; Thursdays from noon to 8 p.m.; and weekends from noon to 5 p.m. Call 416.410.444 or visit online at barringtoncondos.com

*Some restrictions and exclusions apply. Please speak to a sales rep for more details. Exclusive listing brokerage Baker Real Estate Incorporated. Brokers protected. Prices and specifi cations are subject to change without notice. Illustration is artist concept. E.&O.E.

Site Location: 3260 Sheppard Ave. E.Toronto, ON M1T 3K3

DON’T MISS OUT!UP TO$50KCASHBACK!*

NOW UNDER CONSTRUCTION

For more information call 416.493.0123

HarmonyVillage.ca

EXTENDED FOR A LIMITED TIME ONLY:Pre-Construction Promotions and Free Parking!*

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

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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.

2 GREAT GuLF Yonge+Richmond 416-499-8883 • from $340,000 25 16K7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 23 8L11 MENKES DEvELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I11 MENKES DEvELOPMENTS INC. 365 Church 416-591-7700 • from $249,000 Insert 14I16 FREED 150 REDPATH redpathcondos.com • 41 14D16 CAPITAL DEvELOPMENTS 150 REDPATH redpathcondos.com • 41 14D17 ROCKPORT GROuP The Nest 416-223-0003 • from $250,000 71 11H18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $300,000 Insert 24C18 uRBAN CAPITAL RC3 416-862-0505 • • from $220,000 45 18L20 MENKES DEvELOPMENTS INC. Fabrik 416-591-7700 • from $350,000 Insert 14M22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M25 TRIDEL CORPORATION SQ2 416-661-1949 • IFC & BC 15D26 BAzIS INC. No1 Yorkville 416-519-2911 • from $408,000 3 15I28 EMPIRE COMMuNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B35 MENKES DEvELOPMENTS INC. 87 Peter 416-591-7700 • from $344,000 Insert 15M35 MENKES DEvELOPMENTS INC. The Eglinton Yonge at Heart menkes.com • Insert 15D48 MADISON HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J48 FIELDGATE HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J49 LANTERRA DEvELOPMENTS Teahouse 416-861-1111 • from $281,000 13 16K49 TRIBuTE COMMuNITIES Stanley mytribute.ca • from $200,000 61 16K52 CRESFORD DEvELOPMENT CORP. CASA 2 416-486-2272 • from $1000,000 IBC 15L58 GREAT GuLF Monde 416-466-8885 • from $320,000 25 17M60 CANALFA GROuP Liberty Central by the Lake - Phase One 416-537-0047 • from $409,000 73 11F65 ARAGON PROPERTIES Enigma on the Park 416-516-1551 • from $234,000 95 9L67 PEMBERTON GROuP Citylights on Broadway 905-326-4100 • from $200,000 8 14D68 LAMB DEvELOPMENT CORP. East Fiftyfive 416-861-9559 • from $280,000 59 17L75 CANALFA GROuP Liberty Central by the Lake Two 416-537-0047 • • from $250,000 62-63 12N85 HARHAY DEvELOPMENTS One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 89 13M99 GREAT GuLF One Bloor Residences 416-922-0081 • from $580,000 25 15I114 FERNBROOK HOMES/CITYzEN DEv. 158 Front Condominiums 158front.com • 79 17L120 THE DANIELS CORPORATION One Park Place Condominiums 416-955-0559 • from $200,000 39 18J131 LANTERRA DEvELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $1592,000 19 5L140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J149 CAMROST - FELCORP Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 51 15M155 LIFETIME DEvELOPMENTS The Bond Condominiums 416-546-7525 • • Insert 15G190 CRESFORD DEvELOPMENT CORP. 1000 Bay 416-485-3000 • from $350,000 120 15J201 SOLOTEx Upper Beach Townes 416-693-7500 • from $450,000 86 24G215 DuNDEE KILMER DEvELOPMENTS Canary Park Condominiums 416-603-7576 • from $250,000 54 18L218 MALIBu INvESTMENTS INC. Smart House 416-292-0219 • from $442,000 22 15L222 LAMB DEvELOPMENT CORP. The Harlowe 416-363-1771 • from $294,000 55 15M2 CONCORD ADEx FWD at Concord CityPlace 416-813-0999 • • 13F3 CONCORD ADEx Quartz at Concord CityPlace 416-813-2999 • • 15M3 CONCORD ADEx Spectra at Concord CityPlace 416-813-0999 • • 15N3 CONCORD ADEx Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M3 CONCORD ADEx Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M4 GAIRLOCH INvESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M4 CENTRESTONE uRBAN DEvELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L5 ONNI GROuP OF COMPANIES Garrison at the Yards 416-260-2600 • from $190,000 14N5 ONNI GROuP OF COMPANIES West Lake 416-260-2600 • from $240,000 14N5 CONCORD ADEx Newton at Concord CityPlace 416-813-0999 • 12F6 CRESFORD DEvELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $450,000 14E6 CRESFORD DEvELOPMENT CORP. NxT2/Phase Two 416-977-5300 • • from $210,000 5F6 CRESFORD DEvELOPMENT CORP. NxT at Windermere By the Lake 416-977-5300 • • from $350,000 5F7 THE DANIELS CORPORATION The Parkside Collection 416-351-1844 • from $700,000 8L8 CRESFORD DEvELOPMENT CORP. NxT 2 416-977-5300 • • from $300,000 8N9 ASPEN RIDGE HOMES vu 416-970-9500 • • from $370,000 16L9 CITYzEN Riverside in Pine Grove 416-746-1234 3F10 EMPIRE COMMuNITIES The HuB 416-784-3482 • from $250,000 9F11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G12 NORTH DRIvE INvESTMENT The High Park 416-670-3699 • from $300,000 8L12 STREETCAR DEvELOPMENT RC3 416-750-7506 • from $300,000 23D13 STREETCAR DEvELOPMENT Trinity Lofts 416-690-2988 • from $330,000 19L14 CANALFA GROuP Liberty Place 416-537-0047 • • from $170,000 12N15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $286,000 14D16 FREED 155 REDPATH 416-996-5428 • from $210,000 14D18 uRBAN CAPITAL River City 416-862-0505 • • from $250,000 18L18 uRBAN CAPITAL River City 2 416-862-0505 • • from $500,000 18L19 KINGSTONE ROAD DEvELOPMENT The Glen 416-694-3333 • from $255,000 23H19 STREETCAR DEvELOPMENT The Southwood 416-750-7506 • from $300,000 23H21 GREENLAND GROuP King Blue Condos 416-599-1355 • from $215,000 12N22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F23 TRIBuTE COMMuNITIES The College 416-363-4800 • from $350,000 M1424 GREENPARK HOMES Axiom Condominiums 647-352-4077 • from $225,000 17L

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25 TRIDEL CORPORATION Spadina Queen 416-661-1949 • from $350,000 15D26 BAzIS INC. One Yorkville 416-519-2911 • from $475,000 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $320,000 18K28 EMPIRE COMMuNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 25B29 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 17M31 WORSLEY uRBAN PARTNERS Totem Condominium 416-792-1877 • from $320,000 15H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEvELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L36 NEuDORFER CORPORATION Fuse Condos 416-534-4444 from $220,000 9K37 CRESFORD DEvELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 14L38 EASTON’S GROuP Dundas Square Gardens 416-645-8575 • from $200,000 17K38 CENTRE COuRT DEvELOPMENT Grid Condos 416-477-4743 • from $250,000 17K39 GREAT GuLF Brocton Commons greatgulf.com/brocton • from $370,000 11L40 FERNBROOK HOMES/CITYzEN DEv. Garrison Point garrisonpoint.ca • from $250,000 13N41 LASH GROuP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $333,000 12H42 TRIuMPH DEvELOPMENTS Howard Park 2 416-873-0989 • 9L43 K-CAP LAIRD INC. The upper House Condos in Leaside 416-425-1800 from $350,000 18D44 TRIDEL CORPORATION Alter 416-645-4599 • from $250,000 16J45 PINNACLE INTERNATIONAL Palatial Collection 416-925-3325 • from $800,000 16M46 CONSERvATORY GROuP Milan 416-928-7409 • from $520,000 15I47 PINNACLE INTERNATIONAL The PJ pinnacleinternational.ca • from $300,000 15L48 MINTO COMMuNITIES INC. Yorkville Park mintoyorkvillepark.com • • from $420,000 14J50 CRESFORD DEvELOPMENT CORP. vOx 416-485-3000 • 15J51 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 18N51 TRIDEL CORPORATION Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 18N52 CRESFORD DEvELOPMENT CORP. CASA III 416-486-2272 • from $390,000 15L53 LANTERRA DEvELOPMENTS 11 Wellesley 416-861-1111 • from $250,000 15J54 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 14M56 STREETCAR DEvELOPMENT Riverside Square 416-466-4466 • from $200,000 19L57 LANTERRA DEvELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B59 LINDvEST B Streets 416-532-6636 from $635,000 13J61 MINTO COMMuNITIES INC. West Side mintowestside.com • • from $220,000 13M62 PEMBERTON GROuP The uptown Residences 416-987-3500 • from $950,000 16J63 FERNBROOK HOMES/CITYzEN DEv. The Selby theselbycondos.com • 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 9I69 SHIu PONG DEvELOPMENT LTD. Design Haus mydesignhaus.ca • from $250,000 14K70 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 14G71 TOWER HILL DEvELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $320,000 14D72 HARHAY DEvELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 16M73 DIAM DEvELOPMENTS On The Danforth onthedanforthcondo.com • from $250,000 23G74 THE DANIELS CORPORATION The Bartholomew Downtown East 416-955-0559 • from $300,000 18K76 THE DANIELS CORPORATION RC3 416-221-3939 • from $280,000 17M77 ANDIEL HOMES INC. East united Toronto Condos 905-273-9333 • from $200,000 18L77 BERKSHIRE AxIS DEvELOPMENT East united Toronto Condos 905-273-9333 • from $200,000 18L77 SIGNATuRE COMMuNITIES East united Toronto Condos 905-273-9333 • from $200,000 18L78 EMPIRE COMMuNITIES Schoolhouse 416-979-1333 • from $595,000 13I79 FREED Art Shoppe Condos artshoppecondos.com • from $200,000 14D81 LAMB DEvELOPMENT CORP. Flatiron Lofts 416-368-5262 from $243,000 20J83 TRIDEL CORPORATION 300 Front Street West 416-217-0300 • from $324,000 15M84 TRIDEL CORPORATION Atmosphere 416-217-0300 • from $1200,000 15M85 CARTTERA One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M88 FERNBROOK HOMES/CITYzEN DEv. Pier 27 Waterlink 416-367-3456 • from $800,000 17N94 DHD DEvELOPMENTS Gooderham Condos at The Distillery 416-361-1322 • from $390,000 18L101 LAMB DEvELOPMENT CORP. The King East 416-368-5262 • from $435,000 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 Charlie 416-927-9772 • from $960,000 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 $750,000 15K118 PEMBERTON GROuP The urban Townhome Collection 416-546-6605 • from $1899,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 18J122 THE DANIELS CORPORATION Festival Tower 416-203-2020 • from $350,000 M14124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $350,000 15M126 GREAT GuLF x2 416-927-0080 • from $500,000 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 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 16J137 ALTERRA HOMES/FINER SPACE Post House Condominium 416-964-2777 • from $350,000 16L140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $400,000 16J141 BSAR LTD 12 Degrees 416-408-1200 • from $350,000 15L142 ANDRIN HOMES The Berwick 416-922-9425 from $280,000 14E148 GRAYWOOD/BEAvERHALL DEvELOPMENT The Mercer 416-597-6940 • from $350,000 15M149 CAMROST - FELCORP Imperial Plaza 416-925-2501 • from $986,000 15I149 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • 15I149 CAMROST - FELCORP Yorkville Plaza II 416-966-3003 • 15I151 CITYzEN Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES vero 416-798-7070 from $250,000 17M153 uRBAN CAPITAL Tableau Condominiums 416-591-8887 • • from $450,000 15L153 MALIBu INvESTMENTS INC. Tableau Condominiums 416-591-8887 • • from $350,000 15L153 ALIT DEvELOPMENTS Tableau Condominiums 416-591-8887 • • from $350,000 15L154 TRE MEMOvIA DEvELOPMENTS Carmelina 416-423-8500 • from $325,000 23J155 LIFETIME DEvELOPMENTS The Yorkville Condominiums 416-987-3344 • • from $550,000 15G157 CASTLEPOINT/CITYzEN/FERNBROOK L Tower 416-777-2533 • from $410,000 17L162 PIANOSI DEvELOPMENTS Perspective Condos 416-242-3500 from $300,000 4H165 SORBARA GROuP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEvELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12173 MIzRAHI | KHALILI DEvELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROuP 210 Simcoe 416-217-0210 • from $420,000 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 14M192 MINTOuRBAN COMMuNITIES INC. 30 Roe 416-915-3812 • from $397,000 14E195 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 15M199 FIELDGATE HOMES 90 Niagara 416-981-0036 from $347,000 14O200 FREED SIxTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIxTY Colborne 416-598-7775 • from $300,000 16L206 MOD DEvELOPMENTS INC. The Massey Tower 416-966-0197 • • from $320,000 16L207 RESERvE PROPERTIES 109Oz 416-531-4844 • from $300,000 12M210 CASTLEPOINT/NuMA The Sterling 416-777-2533 • • from $230,000 9L215 DuNDEE KILMER DEvELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 18L217 TORBEL GROuP Wallace Walk 416-531-1818 • from $210,000 9L217 PEMBERTON GROuP TEN93 Queen West 416-546-6355 • from $280,000 12F217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 12F218 uRBAN CAPITAL Smart House 416-292-0219 • from $442,000 15L219 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 16M223 CONCORD ADEx FWD at Concord CityPlace 416-813-0999 • • 15M

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1 FRAM BuILDING GROuP 128 Connect Condos connectfairview.com 93 24C6 CONCORD ADEx Omega On The Park 416-813-2999 • • 28-29 22C7 FRAM BuILDING GROuP SOUL mysoulcondos.ca from $250,000 93 25C12 GHODS BuILDERS INC. 5959 Yonge Street 416-222-5959 • from $289,000 26 18A13 CASTLE GROuP DEvELOPMENTS Vida at Bayview Village 416-304-1212 from $200,000 52 20D13 LIBERTY DEvELOPMENT CORP. The Village Residences www.villageResidences.ca • 35 20D16 uRBAN CAPITAL The Ravine 416-850-2489 • • from $250,000 47 25E16 ALIT DEvELOPMENTS The Ravine 416-850-2489 • • from $250,000 47 25E19 MADISON HOMES Briar Hill madisonhomes.ca • • from $350,000 56-57 12F40 MENKES DEvELOPMENTS INC. Gibson Square 416-730-9722 • from $837,000 Insert 17C96 ELAD CANADA The Colours of Emerald City coloursofemeraldcity.com • from $250,000 69 24C121 LIBERTY DEvELOPMENT CORP. World on Yonge CondoHomeShow.ca • from $284,000 37 18A123 BRANDY LANE HOMES The Station 416-398-9777 • from $305,000 24 12D1 CONCORD ADEx Opus 416-813-2999 • • 22C2 TORBEL GROuP The Avanti Condominiums 416-636-0400 from $390,000 17C3 YYzED PROJECT MANAGEMENT vISTO vistocondos.ca from $220,000 8E3 TIFFANY PARK HOMES Westhaven 416-792-6655 • from $633,000 23G4 TRIDEL CORPORATION Hullmark Centre 416-733-2883 • from $524,000 18D4 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 • from $383,000 18D5 LINDvEST The Brownstones at Westown lindvest.com from $330,000 4C6 CONCORD ADEx Tango at Concord Park Place 416-813-2999 • • from $236,000 22C6 CONCORD ADEx Discovery at Concord Park Place 416-813-2999 • 22C6 CONCORD ADEx Discovery II at Concord Park Place 416-813-2999 • • from $210,000 22C6 CONCORD ADEx Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C8 CONSERvATORY GROuP Pearl 2 Condominiums 416-512-1818 • 17C9 SORBARA GROuP Beacon beaconcondos.ca • from $290,000 17C10 BAzIS INC. Emerald Park 416-221-8802 • from $188,000 17C10 METROPIA Emerald Park 416-221-8802 • from $188,000 17C10 PLAzA Emerald Park 416-221-8802 • from $188,000 17C11 CASTLE GROuP Insignia Residences at Bayview village 416-304-1212 from $350,000 20C14 TORBEL GROuP Diva Condo DivaCondo.com from $225,000 11C15 PHANTOM DEvELOPMENTS Tea Garden Condos teagardencondos.com • from $250,000 19C17 CHESTNuT HILL DEvELOPMENT Lotus Condominiums 416-222-8338 • from $299,000 19C18 KuBO DEvELOPMENTS Marquette urban Towns 416-551-9767 • from $300,000 14E21 TRIDEL CORPORATION Argento 416-663-1818 • from $562,000 22E25 CONTExT DEvELOPMENT INC. The Yorkdale Condominiums 416-781-9990 • from $170,000 12E25 METROPIA The Yorkdale Condominiums 416-781-9990 • from $170,000 12E28 TRIDEL CORPORATION Alto at Atria 416-645-8866 • from $288,000 25D33 CASTLE ROYALE DEvELOPMENT The Palm Condominium Residences 416-306-1000 • from $400,000 17B37 NORSTAR GROuP OF COMPANIES Portrait Condominiums 416-282-9600 • from $300,000 13C50 MINTOuRBAN COMMuNITIES INC. 88 416-915-3805 • from $330,000 18C50 DEvRON DEvELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • 23G96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $250,000 24C96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $248,000 24C96 ELAD CANADA Biyu Emerald City biyucondos.com • from $250,000 24C101 KANTIuM DEvELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A122 LANTERRA DEvELOPMENTS Treviso Condominiums 416-787-8882 • from $203,000 12F122 LANTERRA DEvELOPMENTS Treviso II 416-787-8882 • from $250,000 12F122 LANTERRA DEvELOPMENTS Treviso III 416-787-8882 • from $250,000 12F124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $255,000 24C125 FRAM BuILDING GROuP LIv Lofts 416-445-5638 • from $250,000 22F128 THE DANIELS CORPORATION NY Place 416-221-3939 • from $250,000 19C128 THE DANIELS CORPORATION NY2 416-221-3939 from $250,000 19C130 TRIBuTE COMMuNITIES Canterbury 647-352-2130 • • from $700,000 19F132 FRAM BuILDING GROuP/CADILLAC FAIRvIEW Flaire Condos 416-445-8868 • from $320,000 22F

401

427

409

QEWHorner Ave

Queensway

Royal York Rd

Evans AveGardiner Expressway

Lakeshore Blvd W

Park Lawn

Mill Rd

Ranforth Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin G

rove Rd

Albion Rd

Hum

berline Dr

Finch Ave W

Rexdale BlvdKipling

Ave

Islington A

ve

Dixon Rd

W estway

27

62

10

46

35

34

58

2

50

70

617

4 397

12

65 25

22

44

21

18

51

56

16

19 24

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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

401401

EastA

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rt Un

ion

Rd

Cen

tenn

ial

Mo

rrish R

d 2A

Gallo

way R

d

Sheppard Ave ECo

nlin

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Kingston RD

Man

se Rd

Scarbo

rou

gh

Go

lf Rd

Orto

n Park R

d

Milner Ave

Mo

rnin

gsid

eA

ve

Bellam

y Rd

Sylvan Ave

Brimorton Dr

Markh

am R

dMcC

ow

an R

d

Brim

ley Rd

Pharm

acy Rd

Ward

enA

ve

Ken

ned

y Rd

Danfo

rthAve

Eglinton Ave E

St. Clair Ave Kingston Rd

Birch

mo

un

t Rd

Lawrence Ave E

Mid

land

Ave

Beare R

d

Reeso

r Rd

Sewells R

d

Mead

ow

vale Rd

Passmore Ave

Neilso

n R

d

McC

ow

an R

d

Tapsco

tt Rd

McLevin Ave

Finch Ave E

McNicoll Ave

Ellesmere Rd

Sheppard Ave E

Huntingwood Dr

401

Progress Ave

Victo

ria Park

1

914

28

13 23

60

15

11

3

61

29 7120

55

26

Etobicoke

Scarborough






8 TRIDEL CORPORATION Islington Terrace 416-645-8862 • from $250,000 IFC 23F13 OPEARL DEvELOPMENTS Sail Condominiums sailcondos.ca • from $200,000 91 2C16 CONCERT PROPERTIES The KIP District thekipdistrict.com • from $233,000 58 22F18 MONARCH CORPORATION Lago 416-495-3544 • from $250,000 Insert 25C22 MENKES DEvELOPMENTS INC. Humber Mews 416-259-2525 • from $550,000 Insert 20H23 CITYCORE Harmony Village 416-493-0123 • 97 2C28 LIBERTY DEvELOPMENT CORP. Terrace on Danforth CondoHomeShow.ca • from $260,000 37 2G39 MONARCH CORPORATION Waterscapes 416-495-3544 • from $400,000 Insert 26H1 INSOHO DEvELOPMENTS Imagine Condos 416-367-7303 from $235,000 4F2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 23H3 DEvRON DEvELOPMENTS The Academy academycondos.com • from $220,000 10D3 LEMINE INvESTMENT GROuP The Academy academycondos.com • from $220,000 10D4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 24F6 CONSERvATORY GROuP Altitude 416-321-1659 • from $230,000 25H7 GREAT GuLF One Sherway Condominiums 416-695-3535 • from $280,000 20G7 MENKES DEvELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 20G9 WILKINSON DEvELOPMENTS Hunt Club Terrace 416-698-3020 • 2H10 LASH GROuP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $230,000 22B10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $230,000 22B11 SCOLLARD DEvELOPMENT Guildwood 416-266-3655 • from $200,000 8F12 NATIONAL HOMES Richview 416-746-1234 • from $570,000 23D13 AvERTON HOMES Jasmine Condominiums 416-702-1234 • from $250,000 2C14 INFINITY DEvELOPMENTS Residences at The Hunt Club 416-699-1711 • from $300,000 2G15 ESQuIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 12D17 TIMES GROuP CORP. Key West Condominium keywesttorontocondo.com from $320,000 25H19 ICON HOMES Royal York urban Towns 416-901-0206 • from $220,000 24H20 HENDERSON DEvELOPMENT LIMITED Centro 416-296-1898 • from $185,000 5D21 MENKES DEvELOPMENTS INC. Dwell City Towns 416-259-2525 • from $390,000 20F24 DAvIES SMITH Eleven Superior 416-259-8882 • from $300,000 24H25 QuEENSCORP RESIDENCES Watermark 416-354-2221 • from $350,000 23H26 GEMTERRA Joy Condos joycondos.com • from $220,000 4C29 MONARCH CORPORATION Encore 416-495-3544 • 6D34 EDILCAN DEvELOPMENT CORP. Triumph at valhalla 416-233-5554 • from $250,000 21F35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G44 TRIDEL CORPORATION West village 416-620-1887 • from $290,000 20F46 REMINGTON GROuP IQ Condos Phase 2 416-253-5838 • from $170,000 23G50 PEMBERTON GROuP vivid Condos 416-239-8200 • from $250,000 23F50 NORTH STAR HOMES Connexion at Islington northstarhomesinc.com • from $320,000 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 4C55 TRIDEL CORPORATION Avani 2 At Metrogate 416-293-5535 • from $220,000 4C56 PHANTOM DEvELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 25G60 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 $250,000 8D

Lakeshore

Blvd W

SpadinaA

ve

University

Ave

Avenue Rd

Jarvis St

Dufferin

Spadina Rd

Gerard St E

Cosburn AveO'Conner Ave

Laird Dr Victoria ParkCoxw

ell Ave

Woodbine

Ave

St Clair Ave E

Don

Valley

Parkway

DonVa

lley P

arkw

ay

DonVa

lley P

arkw

ay

Jane St

Keele St

Rogers Rd

Dufferin St

Vaughan RdEglinton Ave W

Eglinton Ave W

Weston Rd

Lakeshore

Blvd WQEWQEW

Landsdowne

Gardiner Expressway5 29

11

12

2110

2360 1

154

8

58

wate

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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.102


1 MenkeS develoPMenTS Inc. Harbour plaza 416-591-7700 • from$350,000 Insert 14f

15 The dAnIelS corPorATIon Daniels Waterfront 416-221-3939 • from$280,000 15 16f

18 UrbAn cAPITAl RC3 416-862-0505 • from$220,000 4516F

58 greAT gUlf Monde 416-466-8885 • • from$320,000 25 17E

60 cAnAlfA groUP Liberty Central by the Lake Two 416-537-0047 • from$250,000 62-63 11f

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

3 concord Adex QuartzatConcordCityPlace 416-813-0999 • • 12f

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

4 MonArch corPorATIon NautilusatWaterview- 416-203-6636 • from$400,000 25H

4 TrIdel corPorATIon AqualinaatBaysideToronto 416-514-2710 • 16e

4 TrIdel corPorATIon Aquavista at bayside Toronto 416-514-2710 • from$1,000,000 16e

5 creSford develoPMenT corP. NXTatWindermereByTheLake 416-977-5300 • • from$350,000 11f

5 creSford develoPMenT corP. NXT2/PhaseTwo 416-977-5300 • • from$210,000 4E

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

10 greAT gUlf TwentyLombard 416-499-8883 • from$492,000 16k

11 CAMROSTFELCORP CaliforniaCondominiums sunsetcondos.ca • from$242,000 25G

18 URBANCAPITAL RiverCity2 416-862-0505 • from$276,000 16F

29 PInnAcle InTernATIonAl 33 bay residences at Pinnacle centre 416-925-3325 • from$375,000 15f

401

409

QEW

Horner Ave

Queensw ay

Royal Yo

rk Rd

Evans AveGardiner Expressw ay

Lakeshore Blvd E

Park Lawn

Mill Rd

Ranforth

Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin

Grove R

d

Albion Rd

Humberlin

e Dr

Finch Ave W

Rexdale Bv

Kipling Ave

Islington Ave

Dixon Rd

W estw ay

27

25

28

23

5

18

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rfro

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Brampton

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bovaird Dr.

Countryside Dr

Airport Rd

Winston Churchill Blvd

Wanless Drive/Conservation Dr

Embleton Rd

Sandalwood Pkwy

Queen St W

Queen St W

Main St N

East Dr

Hwy 10

Steeles Ave W

Kennedy Rd S

McMurchy Ave SH

wy 7

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bovaird Dr.

Countryside Dr

Airport Rd


Wanless Drive/Conservation Dr

Embleton Rd

Sandalwood Pkwy

Queen St W

Queen St W

Main St N

East Dr

Hwy 10

Steeles Ave W

Kennedy Rd S

McMurchy Ave SH

wy 7

Morning Star Dr

Drew Rd

Derry Rd E

Airport Rd

Courtney Park Dr

Britannia Rd E

Kennedy Rd Tomken Rd

Matheson Blvd E

Eglinton Ave

Britannia Rd W

Hurontario St

M athe

son Blvd E

Ceremonial Dr

Central Pkw y E

Burnhamthorpe Rd W

Rathburn Rd E

Dundas St E

Fieldgate Dr

The Queensway

Dixie Rd

Q EW

Speakman Dr

Sheridan Park Dr

Truscott Dr

Lakeshore Rd W

Royal W

indsor Dr

Queen St W

Indian

Rd

Caw thra Rd

Queen St E

Ridgew ay Dr

Colonial Dr

The Collegeway

Erindale Station Rd

Mavis Rd

Wolfedale Rd


Rathburn Rd W

Hurontario St10 Line Rd

Edenwood Dr

Derry Rd W

M illcreek Dr

Erin Mills Pkw

y

Mississauga Rd

Erin Mills Pkw

y

Creditview Rd

4 Line Rd

Burnhamthorpe Rd W

Bronte Rd

6 Line Rd

Burnhamthorpe Rd E

Dundas St W

Upper M

iddle Rd

Tremaine Rd

Nottinghill Gate

9 Line Rd

Lakeshore Rd E

4 Line Rd

Speers Rd

Lakeshore Rd W

Burloak Rd

MacDonald Rd

Kerr St

Trafalgar Rd

8 Line RdFord Dr

Devon Rd

Cornwall Rd

Bridge Rd

410

401

QEW

QEW

403

401

403

25

Mississauga

11

6

912

Oakville

1

4

etobicoke Waterfront

WhitbyWaterfront

East Gwillimbury

Bradford

Uxbridge

Scugog

Lindsay

Manvers

Newcastle

Georgina Island 33

AngusLisle

Everett

Lake Scugog

Bobcaygeon

Georgina

Sunnidale

VespraWasaga Beach

Mara

Orillia

Bracebridge

Schomberg

Tecumseth and Tottenham

Adjala

MonoShelburne

King

Essa

Tosorontio

Thornbury

Lake Si

mcoe

Cannington

Barrie

Georgian Bay

Midland Tay

Oro

OshawaWhitby

Alliston,

Beeton,

Hw

y 50Keswick

400

11

11

400

400

400

48

401

48

7

69

69

93

27

27

9

910

24

89

90

oakvilleWaterfront

further north Waterfront

Mississauga Waterfront

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

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

*Th: Townhomes, c: condo

highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information. 103


11 MonArch corP. Waterscapes 416-495-3544 • from $400,000 INSERT 13B

18 MonArch corPorATIon Riva Del Lago 416-495-3544 • from $300,000 INSERT 24C

28 eMPIre coMMUnITIeS Eau Du Soleil - Waterfront Condominiums 416-503-3328 • from$320,000 6-7 25B

1 WIndcATcher develoPMenT corP. Atwater condos 905-271-5038 • from$280,000 12c

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

3 dAvIeS SMITh eleven Superior 416-259-8882 • from$300,000 23c

4 dUnSIre develoPMenTS Anchors at lakeview 905-990-1745 • from$420,000 13b

5 dAvIeS SMITh hearthstone by the bay 416-259-4466 • 24C

8 cheSTnUT hIll develoPMenT SanFranciscoByTheBay 905-831-3631 • • from$180,000 23J

25 qUeenScorP reSIdenceS Watermark 416-354-2221 • from$350,000 19D

401401

401

4 Sideline R

9 Concession

12 Sideline

8 Concession

6 Sideline

4 Sideline

Lake Ridge R

Brawley Rd

Myrtle Rd W

Cochrane

Columbus Rd

Ashburn Rd

Halls Rd N

Country Lane

7 Concession

4 Sideline R6 Concession

20 Sideline

16 Sideline

Central StBrock Rd

16 Sideline

Paddock Rd

7

Brock Rd

28 Sideline

30 Sideline

9 Concession

24 Sideline

North Rd

7 Conncession

32 Sideline

Whitevale Rd

32 Sideline

North Rd

5 Concession

16 Sideline

Brock Rd

Greenwood Rd

Church St N

Fifth Conces

Lakeridge Rd

Salem Rd

Audley Rd

Westney Rd N

Coronation R Country Lane

Salem Rd

Taunton Rd E

Rosebank Rd

Altona Rd

Whites Rd

4 Concession4 Concession

Altona Rd

3 Concession

Fairport Rd

Dixie Rd

Liverpool Rd

Major Oaks R

Valley Farm

Brock Rd

Rossland Rd

Riverside Dr Notion Rd

Brock Rd

Squires Beach Rd

Sandy Beach

Montgomery F

Highview Rd

Appleview Rd

Stroud'sGlenanna Rd

Liverpool RdBa

yly

Granite CourtWhites Rd

Rougemount D

Lake Drivewa

HarwoodAve

W estney Rd S

FinleyAve

Delaney Dr

Magill Dr

Kingston Rd

Ravenscroft

Bayly St E

Townline Rd Dundas St E

Audley Rd

Ajax-Whitby

Taunton Rd W

McQuay Bv

Rossland Rd

Garden St

Baldwin St S

Thornton Rd

Thickson RdConlin Rd

Stevenson RdTaunton Rd W

Conlin Rd

Ritson Rd N

Townline Rd.Mary St N

Beatrice St

Central Park

Grandeview S

AdelaideAve

King St EHarmony Rd S

Grandeview S

W entworth St

Park Rd S

AdelaideAve

Bond St W

Centre St.

OliveAve

Bloor St.

Garrard Rd King St W

Rossland Rd

Kendalwood R

Gibb St

Manning Rd

Anderson StGarden St

Hopkins St

Phillip Murr

Stevenson Rd

Park Rd S

Bloor St

Simcoe St S

Wilson Rd S

Brock St S

W entworth St

Blair St

Thornton Rd

Henry St

Brock St N

Blair St

Cedarbrook T

Baldwin St N

Duffs Rd

12

Garrard Rd

Harmony Rd N

Wilson Rd N

Stevenson Rd

Garrard Rd Grandeview S

8 Concession

Rossland/Winchester R

Church St E

7

FinchAve

Gordon St

Shoal Point Rd

Pickering Beach Rd

Church St S

Spruce Hill

Kingst

on Rd

SheppardAve

Ritson Rd S

Dryden Bv

Simcoe St N

Cochrane St

8

City ofPickering

Town ofAjax

Town ofWhitby

Village ofBrooklin

Town ofOshawa


PACE ON MAINBy Geranium HomesNow open, one-, two- and three-bedroom suites in Stouffville’s only boutique condominium; just 10 minutes north of Markham. Web: PaceOnMain.com

OAKVILLAGE By Minto, Branthaven and EmshihNow open: master-planned townhome community coming to Dundas Street East and Trafalgar Road.Web: Oakvillage.ca

LEGACY PARK By Liberty Development Corp.Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com

URBAN TOWNDOMINIUMSBy Rosehaven HomesGrand opening continues at thesesensational homes located at Mississauga Road and Sandalwood Parkway.Web: RosehavenUrban.com

HOT CONDOMINIUM By Great GulfPhase 3 final release of this stylishboutique condominium is now on saleat Winston Churchill and Eglinton. Web: GreatGulf.com

THE CRAFTSMAN CONDOMINIUMBy VandykNew sales centre and model suite now open. Check out these artisan-inspired condo residences, coming to Clarkson Village.Web: CraftsmanCondo.com

PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca

new releases & grand openings


THE ARBORS CONDOMINIUMSBy Brookfield ResidentialLive an A-list lifestyle in an A-list location in Aurora. Register now for A-List Access to exclusive updates and your VIP Preview Invitation.Web: LiveArborsCondos.ca

BLOCK NINEBy AmaconComing soon to the heart of Mississauga. Register now to secure your spot. Web: LifeatParkside.com

SENSES CONDOMINIUMS By Empire CommunitiesSenses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Streetin Oakville. Register for VIP access. Web: SensesCondos.com

UNIONVILLE GARDENSBy Wyview GroupGracious living coming soon to Hwy. 7and Village Parkway. Register for yourprivate appointment. Web: UnionvilleGardens.com

AMBERBy Pinnacle InternationalCondominium residences coming soon to Pinnacle Uptown, in Mississauga’s Hurontario and Eglinton neighbourhood. Register today. Web: PinnacleUptown.com

VILLE CONDOMINIUMS By Forest Green HomesRegister now for the best of urban livingand small-town charm, right in the heartof Streetsville in Mississauga.Web: VilleCondos.ca

THE SORRENTOBy Armour Heights DevelopmentsRegister now for this four-storey condominium offering European-style living in Richmond Hill.Web: TheSorrento.ca

THE MET CONDOSBy PlazaThe Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com

CONDO WATCH

9 5Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]


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 GTA

GTA EditionJuly 4 – August 1, 2015


Empire Communities reaches new heights at

Rain Condos in Oakville

IN THE NEWS

Empire Communities has marked a significant milestone in construction at

its Rain Condos in Oakville. Empire celebrated construction reaching the top of the building with a topping-off event that saw guests ride a construction elevator to the top level to take in the views of surrounding Oakville.

“Rain has already proven to be Oakville’s most successful condo community,” says Paul A. Golini Jr., co-founder and executive vice-president, Industry Relations.

“The success of Rain Condos is a testament to the trust that purchasers have in the communities we build, and we’re excited to mark this occasion and bring to life our first project in Oakville.”

Rain is a dynamic, urban design of two towers at 19 and 21 storeys, connected by a five-storey podium. The master-planned community located on the northeast corner of Kerr Street and Speers Road will become the northern gateway to the vibrant, revitalized Kerr Village. Elegant suites range from functional studios to luxurious two-bedroom-plus-den layouts. Senses Condos is the latest release of Empire’s successful Rain Community.

Architects Enzo Corazza and Domenic Biase, from the award winning firm Graziani + Corazza, designed the community to provide suites with maximum access to sunlight and panoramic views, while

also giving residents privacy. All suites feature expansive glass balconies or terraces and high-quality features and finishes.

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

Located in the revitalized Kerr Village, residents will experience an eclectic array of quaint shops and upscale restaurants. To the south is the charm of historic downtown Oakville with designer clothing destinations, charming cafes and gourmet restaurants.

For those commuting outside of Oakville, the Oakville GO Transit and Via Rail stations are within walking distance with the commute to Union Station in downtown Toronto taking no more than 45 minutes on the GO Train. The transit-rich location also offers quick access to the QEW.

Prices for suites at Rain and Senses start from $229,990.

Learn more at empirecommunities.com, or visit the presentation gallery at the corner of Kerr St. and Shepherd Rd., or call 905.845.7246.

Executives from Empire Communities and partners celebrating the topping off – a milestone in the construction of Rain Condos in Oakville

NOW OPEN

905-637-3885 • theberkeleycondo.com

IN THE HEART OF DOWNTOWN BURLINGTON

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

BURLINGTON

SALES CENTRE: 2107 OLD LAKESHORE ROAD, L7R 1A4SALES CENTRE HOURS:MON-THURS 4 PM-8 PMSAT & SUN 1 PM-5 PM

CLOSED FRIDAYS

Located on Maria Street, a nice quiet residential tree-lined neighbourhood area right downtown, The Berkeley is away from the

hustle and bustle of the lakeshore yet within easy walking distance of all downtown Burlington’s shops, restaurants and entertainment.

HOTEL INSPIRED CONDO LIVING

CARR-BER-A-AD-CONDOGUIDE-JUNE29-5.indd 1 6/29/15 11:42 AM


By Lydia McNutt

NEIGHBOURHOOD PROFILE

Mississauga City Centre

Forty years ago Mississauga was little more than farmland. Today, it is among the fastest-growing areas of the GTA. And while for downtown

Torontonians, this west-end ‘hood may still be considered a sleepy suburb, Mississauga City Centre is far from it. And like any notable “downtown,” the area boasts eye-popping architecture in the form of the Absolute World towers, whose sultry silhouettes have made their mark on Mississauga’s skyline, and the international architectural stage.

The first thing that jumps out at you as you stroll the streets of Mississauga City Centre are its gleaming glass towers which mingle with lush, leafy trees on the jagged skyline. While you may need a car to get here (unless you’re lucky enough to call it “home”), once you’re here you’ll find that downtown Mississauga is highly walkable and livable, with employment, shops, services, dining and entertainment within a short stroll. For trips further afield, Mississauga City Centre is also a public transit hub, and also boasts easy access to Hwy. 403, the 401 to the north and the QEW to the south.

The vibe Mississauga Village Centre immediately evokes the feel of a new city, reflected in glistening glass towers (and seemingly ever-present cranes and construction), young trees lining the streets, and the young residents to match – ‘new’ either in age, or in Canadian residency. Meet the neighbours Young single professionals, ‘new’ couples just starting out, downsizers and empty-nesters, as well as some small families (think one kid and a little dog). Culturally speaking, it’s a pot pourri. In the area The neighbourhood boasts some of Mississauga’s better-known landmarks, like Square One Shopping Centre, the Living Arts Centre and Celebration Square. It’s also home to a wide range of cultures which

flavour its leisure landscape with a veritable world-tour of restaurants and festivals to take in. Planes, trains and automobiles The City Centre Transit Terminal is the hub for Mississauga’s MiWay public transit. You can also catch a Zum bus into Brampton, or connect to the TTC Islington subway station. GO Transit from the Square One terminal takes you beyond the city limits. Driving? Hurontario is the living spine of the city, and Hwy. 403 marks the neighbourhood’s northern boundary. Dollars and sense Mississauga is still relatively affordable when you compare its downtown real estate to that of Toronto. And the gap between lowrise homes is even greater. Aside from price, you get more bang for your buck out west, where the homes generally offer more square footage than its Toronto counterparts. Visit YPNextHome.ca for more photos and neighbourhood profiles.

Average household income: $125,503

Family structure: 40% families, 35% couples,

25% singles

Own or rent: 93% own versus 7% rent

On the tube: Suspense/crime dramas, movies, news/current affairs

On tap: Coors Light (21%), Stella Artois (18%) and Alexander Keith’s (17%)

FAST FACTS

Source: Environics

HOW WOULD YOU SPEND$20,000?*

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VISIT OUR SALES CENTRE: 9612 YONGE STREET 905.907.4370 www.grandpalace.ca

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FOR A LIMITED TIME:


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5 AMACON Block Nine 905-273-9333 • 81 20L

17 PEMBERTON GROuP Downtown Erin Mills Condominiums 905-630-6300 • from $300,000 9 18M

20 CARRIAGE GATE HOMES The Berkley Downtown Burlington theberkeleycondo.com • 107 5M

34 PINNACLE INTERNATIONAL Pinnacle Uptown 905-568-9000 • from $250,000 5 19K

1 vANDYK COMMuNITIES The Craftsman craftsmancondos.com from $310,000 21N

2 WINDCATCHER DEvELOPMENT CORPORATION Atwater Condos 905-271-5038 • from $280,000 24L

3 CASTLERIDGE HOMES The Clairington 905-793-0002 • from $230,000 16E

3 PINNACLE INTERNATIONAL The Marquee Townhomes on the Park 905-568-9000 • from $700,000 20K

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

6 FOREST GREEN HOMES ville Condominiums villecondos.ca • from $220,000 16L

7 GREAT GuLF HOT 905-828-4257 • from $330,000 16M

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

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

9 EMPIRE COMMuNITIES Senses Condominiums 905-845-7246 • from $230,000 17Q

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

12 ALTERRA HOMES Renaissance in Olde Brampton 416-710-1010 • from $490,000 13H

14 PEMBERTON GROuP Rosedale village Golf & Country Club 905-799-5000 • • from $346,000 13F

15 ADI DEvELOPMENT GROuP Link2 Condos+Lofts 905-592-2028 • from $195,000 5M

16 vANDYK COMMuNITIES Windows on the Green 905-822-3333 from $300,000 19N

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

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 14H

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $200,000 20L

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 905-276-3981 • from $300,000 20L

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

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

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

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

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

47 THE DANIELS CORPORATION Daniels Erin Mills 905-306-6996 • from $250,000 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

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McCowan Rd

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Kirby Rd

12 Line R

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King-Vaughan RdCold Creek R

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50

Islington Ave

Steeles Ave W

Claren

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Kipling Ave

Teston Rd

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Langstaff Rd

Rutherford Rd

Keele St

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King Rd Yonge St

Jefferson Sideroad

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City ofPickering

Town ofAjax

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401

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13 LIBERTY DEvELOPMENT CORP. Legacy Park 905-731-8302 • from $265,000 36 10G

32 LIBERTY DEvELOPMENT CORP. Royal Gardens CondoHomeShow.ca • from $303,000 37 15F

43 GuIzzETTI DEvELOPMENTS Grand Palace 905-907-4370 • 109 12E

1 MONARCH CORPORATION Garden Court 416-495-3595 • from $400,000 16D

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

3 TRIBuTE COMMuNITIES varley 905-604-1477 • from $520,000 19F

4 TRIDEL CORPORATION Renaissance of Richmond Hill 416-736-9500 • from $740,000 14E

5 LINDvEST Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F

6 ARMOuR HEIGHTS DEvELOPMENTS The Sorrento 289-637-1777 • from $390,000 13B

7 MINTOuRBAN COMMuNITIES INC. WaterGarden 416-915-3800 • from $369,000 12F

8 WYvIEW GROuP unionville gardens unionvillegardens.com • 18F

10 GREAT LANDS CORP. The Beverly Hills Resort Residences 905-882-6636 • from $250,000 12E

11 TRIAxIS DEvELOPMENT INC/MARINO DEvELOPMENTS Courtyards of Maple 416-798-7070 • from $390,000 7D

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

14 REMINGTON GROuP The Signature Condominium 905-948-9900 • from $300,000 18F

14 REMINGTON GROuP Model Suite of the Month 905-948-9900 • from $300,000 18F

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

22 QuADRA MGT. & SCEPTRE DEvS. Renaissance Court at Woodbridge Gates 905-851-4220 • from $505,000 2F

22 WYCLIFFE HOMES Fairground Lofts 905-605-5900 • from $340,000 2F

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 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 15F

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

34 SIERRA HOMES 68 Main Street 905-305-0822 • from $250,000 21E

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

44 LIBERTY DEvELOPMENT CORP. Centro Square Condos 2 905-851-8877 • from $399,000 5F

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

46 EMPIRE COMMuNITIES The Mark 905-554-5015 • from $250,000 22E


condo buyers’ resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal

Calculate your mortgage payments


Calculate your mortgage payments

01 Determine the appropriate five-year fixed mortgage rate, which is easiest to qualify for.

02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).

03 Choose your desired amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for first-time homebuyers).

04 At the intersection of the column and row is your mortgage payment per month per $100,000 borrowed.

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


2.50% $666 $529 $448 $394

2.75% $678 $541 $461 $407

3.00% $690 $554 $473 $421

3.25% $702 $566 $486 $434

3.50% $714 $579 $499 $448

3.75% $726 $591 $513 $461

4.00% $738 $604 $526 $476

4.25% $750 $617 $540 $490

4.50% $763 $630 $553 $504

4.75% $775 $644 $567 $519

5.00% $788 $657 $582 $534

5.25% $801 $671 $596 $549

5.50% $814 $684 $610 $564

5.75% $827 $698 $625 $579

6.00% $840 $712 $640 $595

6.25% $853 $726 $655 $611

6.50% $866 $741 $670 $626

6.75% $880 $755 $685 $642

7.00% $893 $769 $700 $659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, [email protected] and calumross.com

% Amortization Periods

INTEREST RATES

15 YEARS

20 YEARS

25 YEARS

30 YEARS

Mortgage payment calculation chart

The Urban Townhome Collection, TorontoThe Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace

MODEL SUITECALENDAR

PEMBERTON GROUP

An exclusive collection of the GTA’s most beautiful new condos

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An exclusive collection of SWO’s most beautiful new homes and condos

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HOME&CONDO

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EXPERT ADVICE Top tips to guide you through the homebuying process THE ALLURE OF LUXURY CONDO LIVING

HIGHLIGHTING THE top builders & new-home

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MATGTA - Builders Annual- Single Page Magazine Ad Due: 26/02/2015

File Name: MATGTA-Builders Annual_Magazine Ad Publication: NH&C Builders Annual

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Bleed: .25 Colours: CMYK Built: 25/02/2015 - KA

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EXPERT ADVICETop tips to guide you through

the homebuying process

BEYOND MORTGAGE RATESHow accelerated payments can save you thousands

HIGHLIGHTING THE TOP builders & developers in Ottawa

MONARCH IS WHEREYOU WANT TO BE


六月二十日至七月二十五日 / Jun 20 - Jul 25, 2015 Volume 4 Issue 5

各式電子工具都可瀏覧網上參閱 ChineseHomeGuide.com

出租柏文復興對投資人仕的影響 • 多倫多楓葉園社區 • 窗戶粉飾代表你的設計品味

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INSIDE THIS ISSUE

OUTDOOR LIVINGIN YOUR NEW HOME

TOP 5 NEW-HOMEWARRANTY QUESTI0NS

FINDING THE HOMETHAT’S RIGHT FOR YOU

Apr 15 - May 15, 2015 Volume 03 Issue 3

GTA Edition

GRAND OPENING

Detached homes on 38, 40 and 45 ft. lots

ANDR-HIL-A-AD-NHC-COVER-JUNE15-2.indd 1 6/16/15 12:37 PM

June 27 - July 25, 2015 Volume 23 Issue 13

[ 4-WEEK ISSUE ]

INSIDE THIS ISSUE

COMMON CONCERNSFOR NEW-HOME OWNERS

BUILDING COMMUNITIESWHERE PEOPLE PLAY

SMARTTRACK TRANSIT GETSFEDERAL FUNDING BOOST

THE GTA’S GREATESTCONDO homeshow

BY LIBERTY DEVELOPMENT

10 MODELS FOR VIEWINGINSIDE

THIS ISSUECORUM VOLORER IAEPERO INCTUR

OBIS AUT QUI ODIS EXPLIQUAS VOLO IUR REM

LAB IUM ACES QUISQUISQUI CUSA QUE NUS ODIT

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July 4 - Aug 1, 2015 Volume 19 Issue 14

[ 4-WEEK ISSUE ]

INSIDE THIS ISSUE

WHY FOREIGN INVESTORS LOVE CANADIAN REAL ESTATE

BRING COTTAGE STYLE TO THE CITY

THE 10 COMMANDMENTS OF MOVING DAY


INSIDE THIS ISSUE

GUELPH: CONTINUINGTHE TRANSFORMATION

SWO BUILDERS SHINE AT TARION AWARDS

HELPING HEALTH CAREACROSS NIAGARA

A WATERFRONT LIFESTYLE COMMUNITY IN ROCKLAND

Eastern Ontario Edition


[ 4-WEEK ISSUE ]

INSIDE THIS ISSUE

SWIMMING POOLS: COOLCHOICE OR WAY TO GET SOAKED?

HOW PLANNING LAWS ARE AFFECTING OTTAWA

WHY SIZE DOESN’T MATTERFOR NEW-HOME OWNERS

Ontario’s best source of real estate information to

buy, rent, sell or renovate


CHARTERED BANKS Variable 6 Months 1 Year 2 years 3 years 4 years 5 years

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 AVAILABLEPrepared by http://www.FiscalAgents.com/mortgage/rates

TRUST COMPANIES

OTHER FINANCIAL INSTITUTIONS

HOMEBUYERS’ HELP

ATB Financial 2.35 4 2.94 2.64 2.54 2.69 2.74 4.00op 4.00op 4.00op Alterna Svgs/Alterna Bk 2.55 4 2.85 2.85 2.59 2.94 2.98 6.30op 5.30op Bank of Montreal 2.85 4 2.89 2.84 3.39 3.89 2.74 6.30op 6.30op Bank of Nova Scotia 2.85 4.55 3.29 3.09 3.39 3.89 4.49 6.45op 6.50op Canadian Western Bank 4 3.14 3.04 3.65 4.2 4.74 6.45op 6.30op CFF Bank 2.99 2.79 2.49 2.89 2.69CIBC 2.85 1.99 2.84 3.55 2.69 4.79 6.70op 6.35op ICICI Bank Canada 2.9 3.15 3.65 3.64 3.69 3.69Manulife Bank 2.55 4.45 3 2.94 2.84 2.79 2.79 3.35op National Bank n/a 4.4 2.89 2.84 3.39 2.74 2.84 6.70op 6.70op President’s Choice Financial 2.5 2.29 3.49 2.67 4.44Royal Bank 2.85 3.14 3.04 3.65 4.39 4.64 6.30op 6.30op TD Canada Trust 2.85 2.89 2.24 3.39 3.89 2.74 6.30op Tangerine 2.85 3.19 3.24 3.49 3.69 3.79

Community Trust n/a 6.5 3.14 3.25 3.95 4.39 4.64Concentra Financial n/a 5 2.89 2.59 3.39 3.89 4.64 6.70op 6.30op Effort Trust n/a 4.45 3.35 3.5 3.7 4.3 4.35 6.30op 6.30op Home Trust Company 2.35 3.95 2.69 2.35 2.39 2.59 2.59Investors Group Trust n/a 4.2 3.14 3.09 3.39 3.89 2.99 6.50op 6.30op MTCC 2.85 4.55 3.29 3.09 3.39 3.89 4.49 6.45op 6.50op

Airline Financial C.U. 4 3.01 3.1 3.33 3.65 3.13 6.25op Comtech Credit Union 2.45 6.2 2.89 2.89 2.95 2.99 2.69 6.40op 6.30op First National Fin. LP 3.1 2.29 2.19 2.34 2.54 2.69FirstOntario C.U. 2.85 2.89 2.59 2.69 2.84 2.69 6.34op 6.34op IC Savings 2.85 6.15 2.89 2.69 2.89 2.79 2.89 6.50op 6.50op London Life n/a 4.2 3.14 3.09 3.39 3.89 4.74 6.50op 6.30op Luminus Financial 2.8 2.95 2.9 3.4 3.9 4.45 6.25op Meridian Credit Union 2.65 4 3.09 3.09 3.55 3.29 2.69 6.30op Parama Credit Union 2.65 2.8 2.85 2.95 3.05 3.15 2.95op Steinbach Credit Union 2.4 2.45 2.55 2.55 2.65 2.65

Alit Developments - The Ravine 47

AMACON - Block Nine 81

Aragon Properties - Enigma on the Park 95

Aspen Ridge Homes - Studio on Richmond 51

Bazis Inc. - No1 Yorkville 3

Brandy Lane Homes - The Station 24

Brookfield Homes - The Arbors 75

Camrost - Felcorp - Blue Diamond at Imperial Plaza 1

Canalfa Group - Liberty Central by the Lake - Phase One 73

Canalfa Group - Liberty Central by the Lake Two 62-63

Capital Developments - 150 REDPATH 41

Carttera - One Eleven Condominiums & Lofts 89

Carriage Gate Homes - The Berkley Downtown Burlington 107

Castle Group Developments - Vida at Bayview Village 52

Children’s Discovery Centre - Come Play 85

Citycore - Harmony Village 97

Concert Properties - The KIP District 58

Concord Adex - Omega On The Park 28-29

Cresford Development Corp. - 1000 Bay 120

Cresford Development Corp. - CASA 2 IBC

Dundee Kilmer Developments - Canary Park Condominiums 54

Eden Shaw - Chaz Yorkville Condos 27

ELAD Canada - The Colours of Emerald City 69

Empire Communities - Eau Du Soleil Waterfront Condominiums 6-7

Family of magazines - Promo 116

Fernbrook Homes/Cityzen Dev. - 158 Front Condominiums 79

Fieldgate Homes - Zigg St.Clair West 53

Fram Building Group - 128 Connect Condos 93

Fram Building Group - SOUL 93

Freed - 150 REDPATH 41

Geranium Homes - Pace on Main 65

Ghods Builders Inc. - 5959 Yonge Street 26

Great Gulf - Monde 25

Great Gulf - One Bloor Residences 25

Great Gulf - Yonge+Richmond 25

Guizzetti Developments - Grand Palace 109

Harhay Developments - One Eleven Condominiums & Lofts 89

Lamb Development Corp. - East Fiftyfive 59

Lamb Development Corp. - The Harlowe 55

Lanterra Developments - Riverhouse at the Old Mill 19

Lanterra Developments - Teahouse 13

Liberty Development Corp. - Legacy Park 36

Liberty Development Corp. - Royal Gardens 37

Liberty Development Corp. - Terrace on Danforth 37

Liberty Development Corp. - The Village Residences 35

Liberty Development Corp. - World on Yonge 37

Lifetime Developments - The Bond Condominiums Insert

Luxury Living Magazine - Promo 60

Madison Homes - Briar Hill 56-57

Madison Homes - Zigg St.Clair West 53

Malibu Investments Inc. - Smart House 22

Menkes Developments Inc. - 365 Church Insert

Menkes Developments Inc. - 87 Peter Insert

Menkes Developments Inc. - Fabrik Insert

Menkes Developments Inc. - Gibson Square Insert

Menkes Developments Inc. - Harbour Plaza Insert

Menkes Developments Inc. - Humber Mews Insert

Menkes Developments Inc. - Pears on the Avenue Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart Insert

Mobile App - Promo 72 & 94

Monarch Corporation - Lago Insert

Monarch Corporation - Model Suite of the Month 17

Monarch Corporation - Picasso on Richmond Insert

Monarch Corporation - Riva del Lago Insert

Monarch Corporation - Waterscapes Insert

Opearl Developments - Sail Condominiums 91

Pemberton Group - Citylights on Broadway 8

Pemberton Group - Downtown Erin Mills Condominiums 9

Pinnacle International - Pinnacle Uptown 5

Plaza - Corporate 30-31

Rockport Group - The Nest 71

Solotex - Upper Beach Townes 86

T.D. Bank - Corporate 83

The Daniels Corporation - Daniels Waterfront 15

The Daniels Corporation - High Park Condominiums 23

The Daniels Corporation - One Park Place Condominiums 39

Tribute Communities - Stanley 61

Tridel Corporation - Islington Terrace IFC

Tridel Corporation - SQ2 IFC & BC

Urban Capital - RC3 45

Urban Capital - The Ravine 47

YP Next Home - Promo 119

index of advertisers

Whether you’re renting or buying, finding your next home has never

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tridel.comEight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.®*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. June 2015.

Built to diSQover.SQ2 is the second stage in a grand production that’s revitalizing one of toronto’s

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rEgistEr noW

Visit the Presentation Centre

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toronto, Ontario

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DESIGN.LOCATION.STYLE.PASSION.TRUST.The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defi ned. For over 40 years Cresford has been at the forefront of the luxury condominium market. The fi rst developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style.

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

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INTRODUCING THE

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Eight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.®

*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. June 2015.

Built for a grand opening.bloor strEEt WEst at islington subWaY station

Discover islington terrace, tridel’s new master planned condominium community just steps from the subway and minutes from islington Village plus the Kingsway on Bloor. Join us at our new Presentation Centre for the Grand Opening and tour the stunning designer model suite. Embrace the new spirit of living at Bloor and islington. grand oPEning

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GTA New Condo Guide - Jul 4, 2015

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