GTA New Condo Guide - Mar 12, 2016

MARCH 12 - 26, 2016VOLUME 20, ISSUE 6, FREE

INSIDE THIS ISSUE

DISCOVERING DEER PARK BLUE SKY IS THE LIMIT! CONDOS: FINDING THE BEST FIT

GTA EDITION

M A K E

Y O U R

FOREST HILLFIRST HOME

START AT THE TOP

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INSIDE THIS ISSUE


GTA EDITION

M A K E

Y O U R


START AT THE TOP


001 CG_Cvr_03-12-16.indd 1 3/7/16 1:51 PM


INSIDE THIS ISSUE


GTA EDITION

M A K E

Y O U R


START AT THE TOP


001 CG_Cvr_03-12-16.indd 1 3/7/16 1:51 PM

fold

6.875" x 10.5" OGF

tridel.com

Boutique condo living coming soon to Sheppard east of 404.

GRAND OPENING

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File Name: TRI 29028 Parfait CG Inside GF V2Cyan Magenta Yellow Black

Finished Size: OGF 6.875in x 10.5FOLD OUT IFC 6.875in x 10.5in IFC 7.25in x 10.5in

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Medium: Print

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LS Date: March 2, 2016 10:08 AM

Writer: Designer Social: Studio Manager:

Production Artist: Proofreader: Creative Director: Account Manager: Production Manager:

*See sales Representative for details. Offer is applicable to the purchase of select units only and valued to $5,000 as a gift card exclusively for The Market by Longos at Imperial Plaza. For alimited time only. Prices andspecifications are subject to change without notice. All images are artists concept only. E&O.E. BLOOR ST.

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DEER 45368 Condo Guide The Market FA.indd 1 2/19/16 9:37 AM001-Camrost-BlueDiamond 02-27-16.indd 1 2016-03-08 10:42 AM

MARCH 12 - 26, 2016 | NEW CONDO GUIDE 3 2 YPNEXTHOME.CA

Smaller household smaller homeCanadian households are defi nitely

shrinking, according to Stats Canada.

Seven decades ago the average

household consisted of 4.3 people, by

2011, the average size had dropped

to 2.5 people per household, albeit,

theres plenty more of us to house.

While the majority of Canadian

homes built over the last century

were created to support larger

households, traditionally comprised

of two parents with children,

nowadays one or two people make

up the majority of households, which

is why apartment and condo living, in

urban areas in particular, has become

increasingly popular.

The impact of smaller families on

the Canadian housing market has

been signifi cant, spurring a dramatic

change. The introduction of more

housing options of all shapes and

sizes is e ectively servicing smaller

households who need a ordable

options. While larger dwellings are

still a need, the next time you see

another crane in the air keep this

new demographic dynamic in mind.

While Canada continues to grow,

new housing needs will continue to

reshape the cities and homes that we

live in.

You know that conversation people

have when theyre getting to know

you? It always steers itself to What do

you do? And as soon as I tell people

Im the editor of New Condo Guide,

they always want to know the inside

scoop for their next purchase or

investment.

I love real estate, and Ive always

looked at it in three ways: as a

property for an owner to call home,

as a fi nancial investment, and as a

place for renters to occupy. Condos

are really the only form of real estate

that have mass appeal to every kind

of end user. Its fascinating, and it

amazes me that so many di ering

needs and expectations are being

fulfi lled in a single development.

I see the vitality in our market and

think our condo developments are

strong and forward thinking. Theyre a

great foundation and continue to help

our city fl ourish. But I leave investing

advice to the professionals, and weve

got articles from several of the best.

If youre looking to buy, to live or to

invest, youll fi nd some great advice in

our magazine, and online. Enjoy this

issue of New Condo Guide and check

out ypnexthome.ca.

+ get social

Editors' Notes

EXPLORE DEER PARK

Interact with us on social media: ypnexthome

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

ELISA KROVBLITSenior EditorYellow Pages NextHomeEmail: [email protected]: @ElisaKrovblit

MORE PHOTOS ONLINEypnexthome.ca/deer-park

The investment

002 EditorsNotes_March 12.indd 2 2016-03-08 4:10 PMTCG 03-12-16 master.indd 2 2016-03-08 5:09 PM

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

CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE

STEPS TO SUBWAY AND PATH STARTING FROM $455,000

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

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MARCH 12 - 26, 2016 | NEW CONDO GUIDE 3

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Contributors

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

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

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

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

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

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

MORTGAGE ADVICEALYSSA RICHARDAlyssa Richard is the founder and CEO of RateHub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.

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

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES

Moe Lalani

ASSOCIATE PUBLISHER

Anne-Marie Breen

ASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE SOUTH WESTERN ONTARIO

Susan Maxwell

ART DIRECTOR

Daiana Garay

SENIOR EDITORS

Elisa Krovblit Lydia McNutt (on leave)Jackie Marchildon

EDITOR

Sonia Bell

CONTRIBUTING EDITORS

Wayne KarlSara Duck (on leave)

DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

Dionne [email protected] [email protected]

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Bala Gnanapandithan

PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic

GRAPHIC DESIGNER

Miguel Cea

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

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

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

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5

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LUXURY WATERFRONT CONDOS FROM THE MID $300sOne of Canadas tallest waterfront condos, Eau Du Soleil offers spectacular views and fabulous amenities like the infinity rooftop terrace, indoor salt water pool, fitness centre, outdoor sports court and more.

Learn more at eaudusoleiltoronto.com

Prices, sizes and specif ications are subject to change without notice. Actual view may not be exactly as shown. Please see a Sales Representative for details. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.

1 Spectacular lake and city skyline views

2 Bright master retreat with walk out to balcony

3 Expansive open concept living and dining area

4 Multi-purpose tech space perfect for home of ce

5 Modern L shaped kitchen with stainless steel appliances

6 Luxurious spa-inspired bathroom

SKY 12480 SQ.FT.ONE BEDROOM + TECH

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EAU2 45467 Condo Guide DPS-FA.indd 1 3/7/16 12:26 PM

6 YPNEXTHOME.CA

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LUXURY WATERFRONT CONDOS FROM THE MID $300sOne of Canadas tallest waterfront condos, Eau Du Soleil offers spectacular views and fabulous amenities like the infinity rooftop terrace, indoor salt water pool, fitness centre, outdoor sports court and more.

Learn more at eaudusoleiltoronto.com

Prices, sizes and specif ications are subject to change without notice. Actual view may not be exactly as shown. Please see a Sales Representative for details. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.

1 Spectacular lake and city skyline views

2 Bright master retreat with walk out to balcony

3 Expansive open concept living and dining area

4 Multi-purpose tech space perfect for home of ce

5 Modern L shaped kitchen with stainless steel appliances

6 Luxurious spa-inspired bathroom

SKY 12480 SQ.FT.ONE BEDROOM + TECH

Life is better at the top! Enjoy spectacular

views, an open concept design and a

large balcony. This perfectly designed one

bedroom plus tech suite offers a fantastic

layout and exceptional nishes.

NOW UNDER CONSTRUCTIONVISIT THE PRESENTATION GALLERY TODAY

2183 LAKE SHORE BLVD. WESTTORONTO

416 503 3328

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Learn more at pembertongroup.com

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*Limited time offer. See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artists concept E.&O.E.

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DOVE 45590 Condo Guide AD Issue 12_final.indd 1 2016-03-03 2:28 PM







DOVE 45590 Condo Guide AD Issue 12_final.indd 1 2016-03-03 2:28 PM







DOVE 45590 Condo Guide AD Issue 12_final.indd 1 2016-03-03 2:28 PM009-Pemberton-Ten93 03-12-16.indd 9 2016-03-08 12:40 PM


Camrost-FelcorpBlue Diamond off ers everything you need to live life to the fullest

ON THE COVER

property profi les

46 Malibu InvestmentsSouthside at Gramercy Park off ers a convenient location in the Yorkdale community

64 Madison Homes and Fieldgate Homes

Zigg Condo off ers best of urban living in Forest Hill

72 Geranium Homes PACE on Main will soon break ground

80 Rockport Group The Nest off ers a chance to take ight in Hillcrest Village

trending

16 Pemberton GroupNow previewing Downtown Erin Mills Tower 2

62 TREB report2015 stats show condos are hot

68 2016s top colourBlue Sky is the limit

+online

SEARCHHOME

NEIGHBOURHOOD

WITHDYNAMIC

MAPSLOOK FOR THE CIRCLE

+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING

MORE

contentsMAR 12 MAR 26 2016 | VOLUME 20, ISSUE 6

20

010-011 CG GTA TOC Mar 12.indd 2 2016-03-08 4:15 PM

80

4648 Investment advice

Are you meeting condo insurance requirements?by Kara Kuryllowicz

54 Quick tipsSolving the stuff problemby Hellen Buttigieg

58 Stat chatGhost neighbourhoods and highrise oversupply? Wrong againby Ben Myers

66 Condo senseThe 10 commandments of elevator etiquetteby Jane Herman

Inspiration

40 Spring cleaning Why you ought to be doing thisby Elisa Krovblit

76 Designer adviceThe fully furnished bathroomby Yanic Simard

neighbourhood profile

25 Deer ParkThe perfect place to enjoy a live-work-play lifestyle

buyers resource section

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


in every issue

02 Editors note

04 Contributors

102 Advertiser index

103 Whats online

district maps

90 Toronto and Waterfront

96 905 region

70 Market newsHomes sales off to a slow start in January

84 Kylemore CommunitiesNew presentation centre featuring model suite

advice

12 BILD reportNew stormwater control techniques key to community developmentby Bryan Tuckey

14 Condo proCondos a good first choice for a first homeby Barbara Lawlor

18 Mortgage adviceThree steps required to get into the marketby Alyssa Richard

24 Fundamentally speakingOntario 201s budget good, not great, for housingby Wayne Karl

30 Investor insightsFour reasons why pre-construction is a good investment by Andrew la Fleur

34 Legally speakingWhy foreign investors love Canadian real estate by Jayson Schwarz

38 Make your moveWith a move, its all in the timingby Chuck Resnick

44 Money mattersThe dreaded B-wordby Gail Vaz-Oxlade

010-011 CG GTA TOC Mar 12.indd 3 2016-03-08 4:16 PMTCG 03-12-16 master.indd 10 2016-03-08 5:09 PM


Camrost-FelcorpBlue Diamond off ers everything you need to live life to the fullest

ON THE COVER

property profi les

46 Malibu InvestmentsSouthside at Gramercy Park off ers a convenient location in the Yorkdale community

64 Madison Homes and Fieldgate Homes

Zigg Condo off ers best of urban living in Forest Hill

72 Geranium Homes PACE on Main will soon break ground

80 Rockport Group The Nest off ers a chance to take ight in Hillcrest Village

trending

16 Pemberton GroupNow previewing Downtown Erin Mills Tower 2

62 TREB report2015 stats show condos are hot

68 2016s top colourBlue Sky is the limit

+online

SEARCHHOME

NEIGHBOURHOOD

WITHDYNAMIC

MAPSLOOK FOR THE CIRCLE

+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING

MORE

contentsMAR 12 MAR 26 2016 | VOLUME 20, ISSUE 6

20

010-011 CG GTA TOC Mar 12.indd 2 2016-03-08 4:15 PM

80

4648 Investment advice

Are you meeting condo insurance requirements?by Kara Kuryllowicz

54 Quick tipsSolving the stuff problemby Hellen Buttigieg

58 Stat chatGhost neighbourhoods and highrise oversupply? Wrong againby Ben Myers

66 Condo senseThe 10 commandments of elevator etiquetteby Jane Herman

Inspiration

40 Spring cleaning Why you ought to be doing thisby Elisa Krovblit

76 Designer adviceThe fully furnished bathroomby Yanic Simard

neighbourhood profile

25 Deer ParkThe perfect place to enjoy a live-work-play lifestyle

buyers resource section



in every issue

02 Editors note

04 Contributors

102 Advertiser index

103 Whats online

district maps

90 Toronto and Waterfront

96 905 region

70 Market newsHomes sales off to a slow start in January

84 Kylemore CommunitiesNew presentation centre featuring model suite

advice

12 BILD reportNew stormwater control techniques key to community developmentby Bryan Tuckey

14 Condo proCondos a good first choice for a first homeby Barbara Lawlor

18 Mortgage adviceThree steps required to get into the marketby Alyssa Richard

24 Fundamentally speakingOntario 201s budget good, not great, for housingby Wayne Karl

30 Investor insightsFour reasons why pre-construction is a good investment by Andrew la Fleur

34 Legally speakingWhy foreign investors love Canadian real estate by Jayson Schwarz

38 Make your moveWith a move, its all in the timingby Chuck Resnick

44 Money mattersThe dreaded B-wordby Gail Vaz-Oxlade

010-011 CG GTA TOC Mar 12.indd 3 2016-03-08 4:16 PMTCG 03-12-16 master.indd 11 2016-03-08 5:09 PM


New stormwater control techniques key to community development

Advice | BILD REPORT

DURING A RAINSTORM or after

the snow melts, have you ever

wondered where all that water

goes?

Its a good question and engineers

and environmental science

professionals use many techniques

to help control stormwater within a

neighbourhood to ensure water fl ows

to the right places.

Prior to the 1980s, not a lot of

attention was paid to stormwater

management. The main challenge

then became water quantity

containing and redirecting water,

especially during major storms. A

common strategy used then was

dry stormwater ponds that could

be incorporated in parks, soccer

pitches or baseball diamonds. These

recreation facilities do double duty by

controlling stormwater during major

storms when the parks arent being

used due to inclement weather. You

can still fi nd them in places such as

the Ada Mackenzie Park in Richmond

Hill, the Aldergrove Park in Markham

and the Copland Park in Aurora.

Since then, things have changed.

Rules and regulations for water quality

control and environmental protection

have been legislated and a variety of

stormwater management techniques

have been invented and integrated

into new communities across the GTA.

As the focus of stormwater

management techniques shifted to

water quality, one of the most visible

tools used has been wet stormwater

ponds. Found in many communities

across the GTA, they are designed to

look like a natural greenspace, while

collecting, retaining and treating

stormwater.

The building and development

industry designs and builds

them as part of developing new

communities and municipalities are

responsible for maintaining them.

The maintenance alone can be

challenging and expensive.

In recent years, engineers and

environmental scientists have been

innovative in creating alternative

strategies to collect, move and treat

stormwater after a rainstorm or

snow melt.

One such alternative is referred to

as low impact development (LID). It

is a planning and engineering design

approach that seeks to mitigate

the impact of stormwater and is a

toolkit of sorts with technologies and

techniques to harvest, fi lter, detain

and infi ltrate stormwater.

Its an attractive approach

because the technology and

techniques can use both private

and public property and many

help to achieve environmental

sustainability targets.

The industry sees an opportunity

in enhancing and evolving the use

of recreational parks. Improving on

the techniques used in the 1980s,

integrating stormwater management

and LID tools while maximizing the

land use can be a win-win.

One of the fi rst new neighbourhoods

to integrate this improved technique

is The Vales of Glenway project, a

residential development with 185

new homes now under construction

in Newmarket.

The team led by developers Bazil

Developments and builders Mosaik

Homes worked closely with municipal

and conservation authority sta to

fi nd innovative solutions to manage

stormwater using LID techniques

on both private and public property,

including a park, setting a new

precedent for years to come.

By Bryan Tuckey

MORE ADVICE ONLINEypnexthome.ca/news/advice

Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and is a land-use planner who has worked for municipal, regional and provincial governments. He can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILDs o cial online blog (bildblogs.ca).

012 Advice_BILD Report_MT_TL-WK-JM.indd 2 2016-03-08 10:03 AMTCG 03-12-16 master.indd 12 2016-03-08 5:09 PM

THE NEW SHAPECOMING TH I S S PR ING

OF ER IN M ILLS

DANIELS IS SHAPING THE FUTURE OF ERIN MILLS!

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

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

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concept. 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.

GAIN EXCLUSIVE ACCESS TO SUITES, FLOORS, VIEWS AND THE FIRST ADVANCE SALE



EMI2 45416 Condo Guide Ad FA.indd 1 2/22/16 4:05 PM


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Advice | CONDO PRO

TIME AND AGAIN, owning real estate

has proven to be a wise investment.

If you have not yet entered the

homeownership marketplace, now

would be a good time. Mortgage

interest rates continue at low

levels, and this single-digit rate

phenomenon will come to an end

some day.

When you shop for a condo,

think ahead and do some research

so you fi nd the best fi t for your

budget and lifestyle. Spend some

time online checking out builders

and communities in the area where

you would like to live. Location is

important in so many ways, from how

convenient it is to get to shopping,

schools and other amenities, to

your work commute. Explore

each buildings proximity to public

transportation and highways. Will the

condo feature a car-share program

and facilities to store bicycles? Even

better, can you walk to local shops and

services? If you do not have to own a

vehicle, that leaves a lot more potential

for how much condo you can a ord.

Consider the architecture as

well. You need to feel comfortable

coming home to your building. Pay

careful attention to the amenities

included in the building. Remember

that amenities are one of the major

reasons why condominium living is

so much fun. You can access fi tness

facilities, party rooms, theatres, pools

and/or a raft of other common areas

that are uncommonly beautiful. These

amenities expand on your living space

Condos: fi nding the best fi tA good fi rst choice for a fi rst home

By Barbara Lawlor


and eliminate the need to leave home

to entertain, exercise and socialize.

When you are deciding what you

can a ord in a condo, be careful to

count square footage as only one of

the parameters. The layout of your

suite will actually be more critical to

how livable it is for you. If the builder

has provided a model suite or two,

all the better! Walk through models

in person whenever you can to get

a true idea of the suites practicality

and potential.

When it comes to the bottom line,

ask questions. Is the builder o ering

any special incentives, capped

mortgage rates or bonus o ers?

Take advantage of every fi nancial

opportunity that comes your way.

Whatever you decide, my advice

is to buy new and buy now. Your

options depend on your budget, and

remember that you may be able to

create your perfect surroundings with

standard options. Remember that

when you sell someday, all things

being equal between two suites,

buyers will choose the one with

better fi nishes.

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

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SPECTACULAR CITY VIEWS STEPS FROM THE WATER. OWN THE BEST OF BOTH.

GARDINER EXPY

QUEENS QUA

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LAKE SHORE BLV

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LOWER JARVIS ST

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GARDINER EXPY

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LOWER JARVIS ST

YONGE ST

RICHARDSON ST

LAKEONTARIO

GARDINER EXPY

QUEENS QUA

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LOWER JARVIS ST

YONGE ST

RICHARDSON ST

LAKEONTARIO

GARDINER EXPY

QUEENS QUA

Y E

SUGARBEACH

LAKE SHORE BLV

D E

LOWER JARVIS ST

YONGE ST

RICHARDSON ST

LAKEONTARIO

GARDINER EXPY

QUEENS QUA

Y E

SUGARBEACH

LAKE SHORE BLV

D E

LOWER JARVIS ST

YONGE ST

RICHARDSON ST

LAKEONTARIO

162 Queens Quay East Monday to Thursday: 11am - 7pmWeekends & Holidays: 12pm - 6pmFridays: closed

VISIT THE PRESENTATION CENTRE TO VIEW OUR FULLY FURNISHED MODEL SUITE

CALL OR VISIT TODAYDANIELSWATERFRONT.COM WATERFRONT.COM WATERFRONT416.221.3939

The Daniels Corporation proudly introduces the west facing suites of Lighthouse Tower at Daniels Waterfront City of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, ushers in a new era of living, with awe inspiring views, exceptional amenities, luxurious suites and endless conveniences at your doorstep, including Sugar Beach North, a promenade featuring retail and public art, linking to Canadas iconic sandy Sugar Beach to the south.

NOW ON SALE I SUITES FROM $279,900

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

WATF 45572 Condo Guide Ad FA.indd 1 3/1/16 10:02 AM


015-Daniels-Waterfront 03-12-16.indd 15 2016-03-08 10:42 AM


REGISTER NOW TO BE among the

fi rst to have the opportunity to own a

spacious suite in the second tower at

Pemberton Groups master-planned

Downtown Erin Mills Condominiums.

Situated at Erin Mills Parkway

and Eglinton Avenue West in a

coveted Mississauga neighbourhood,

Downtown Erin Mills is steps from

Erin Mills Town Centre where the

$100 million dollar renovation is

nearing completion. The much-

anticipated Mississauga Transitway

local station is already in operation,

and the Hurontario-Main LRT station

will also service the community.

Residents will have easy access to

Mississauga Transit and GO Bus

service. Highways 403, 407, and 401

and the Streetsville GO Station are

also all close by. This established

area also has schools, parks, trails,

recreation facilities, theatres, super

stores and Credit Valley Hospital.

The second tower will rise to

18 storeys and contain 179 suites.

Open-concept layouts include one-

bedroom plus den, two-bedroom,

two-bedroom plus den, and family

friendly three-bedroom designs in

sizes from 650 sq. ft. to 955 sq. ft.

Prices start from the low-$300s, and

parking and locker are included in

prices.

Pembertons features and fi nishes,

all as per plan, include modern

fi ve-inch-wide laminate fl ooring

in living room, dining room, den

and bedroom(s), hall/foyer; nine-

foot-high smooth-fi nish ceilings in

the principal rooms; kitchens with

contemporary-designed cabinetry

with 40-inch-high uppers, choice of

Caesarstone or granite countertops,

Trending

Now previewingDowntown Erin Mills Tower 2Spacious suites next to shopping and transit

MORE TRENDING ONLINEypnexthome.ca/news

glass mosaic backsplash, quality

stainless steel appliance package

(fridge, self-cleaning range,

dishwasher, and a combination

microwave and range hood).

Bathrooms have contemporary

vanity cabinetry, porcelain fl oor tiles,

a choice of Caesarstone or granite

countertops, a soaker tub, and

frameless glass shower enclosure,

all as per plan. Suites come with a

stacked washer and dryer, plus a patio

or balcony.

The separate two-storey

recreational centre, totaling more

than 17,000 square feet, will be

delivered with Tower 2! Amenities

include a large indoor pool and

poolside retreat with saunas and

steam rooms; a cardio fi tness studio;

yoga/Pilates area; two party rooms

with a bar; a dining room with

kitchen; and barbecue terrace with

panoramic views.

To register visit PembertonGroup.com

016 TR Pemberton-DEM 2 new.indd 2 2016-03-08 12:40 PMTCG 03-12-16 master.indd 16 2016-03-08 5:09 PM

We call it Pemberton.

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


All illustrations are artist concept.

SkyCity Condos / Richmond Hill

Ten93 Queen West / Toronto

The Urban Townhome Collection / Toronto

Downtown Erin Mills / Mississauga

Indigo Condominiums / Maple

CityLights on Broadway / Toronto

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

You call it a place to relish life.

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

T 905.603.6300

Dont miss your opportunity to be a part of Mississaugas highly successful master planned condominium community. Located just steps to vibrant Erin Mills Town Centre, parks, trails, public transit and schools. Tower 2 o ers all-new open concept designs with outstanding fi nishes and inspired amenities.

Register today for Tower 2, the newest release at Downtown Erin Mills | Tower 1 under construction

Mississaugas most stylish condominiums from the low $300s

Coming soon Downtown Erin Mills Tower 2

DOWNTOWNERIN MILLS

C O N D OM I N I U M S

DOWNTOWNERIN MILLS

C O N D OM I N I U M S


Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artists concept E.&O.E.

OOAK_S16_CondoGuide_FP_v2.indd 1 2016-02-29 4:21 PM

017-OneOfKind 03-12-16.indd 17 2016-03-08 10:42 AM



PURCHASING A HOME will be one of

the biggest investments youll ever

make. If youre just starting to look,

there are a few steps youll need to

take before you can buy a home.

Determine how much you can a ord

First, you have to determine what you

can a ord. Your a ordability is based

on your household income, your

current monthly debt payments and

the costs associated with owning a

home (such as property taxes, heating

costs, and condo fees).

A lender will also look at two

ratios to fi gure out how large your

mortgage can be. The fi rst is called

the gross debt service ratio. Your

monthly housing costs for (principal

and interest, taxes, and heating costs)

shouldnt be more than 32 per cent

of your gross income. The second

is called the total debt service ratio,

which includes your housing costs

as well as any loan expenses (such

as credit card and line of credit

payments, and car loans or leases).

This ratio shouldnt be higher than 40

per cent of your gross income.

You also have to come up with

enough money to make a down

payment. Youll need to have a

minimum of fi ve per cent. If youre

able to come up with a down

payment of 20 per cent or more, you

wont need mortgage loan insurance.

You should also have money saved

for closing costs, which could be

between 1.5 and four per cent of the

purchase price of your property.

First-time homebuyers Three steps required to get into the market

Dip into savings

Once youve determined how much

youll need, youll have to fi nd a

source for your down payment and

closing costs, one of which can be

your RRSP.

Under the Home Buyers Plan,

you can withdraw up to $25,000

from your RRSP on a tax-free basis

as long as the funds have been

in the plan for more than 90 days.

If youre purchasing a property

with a partner whos also a fi rst-time

buyer, youll each be able to withdraw

$25,000.

Keep in mind that the money

has to be paid back starting the

second year after you make the

withdrawal and you have up to

15 years to repay the amount. If

you dont make an annual payment,

youll have to declare it as taxable

income on your tax return for

that year.

If your RRSPs or other savings

arent enough, your family may

be able to help you. In fact, an April

2015 BMO survey found 42 per cent

of fi rst-time buyers expect their

parents or relatives to help pay for

their fi rst home.

Shop for a mortgage

It can pay to shop around. If you

and your partner go with the

fi rst mortgage rate you fi nd, you

could end up paying a lot more.

Lets assume the following: you

plan on buying a $500,000 home

with a $400,000 mortgage, your

amortization period will be 25 years,

and you have a fi ve-year fi xed rate

of 3.5 per cent. That means your

total mortgage payment will be

$1,997 a month.

But if you do a little research, you

could save some money. If youre

able to get a mortgage with a fi ve-

year fi xed rate of 2.5 per cent, your

payments will be $1,792, a di erence

of $205 a month or $2,460 a year.

Thats why you should look for the

best mortgage rates.

You need to be ready fi nancially

before youre able to purchase a

property. Knowing what steps are

involved to become a fi rst-time

homebuyer will allow you to start

your search for buying a home.

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.

Advice | MORTGAGE ADVICE

By Alyssa Richard

018 Advice Alyssa Richard Mortgage Advice_MC_TL-WK-JM.indd 2 2016-03-08 10:06 AMTCG 03-12-16 master.indd 18 2016-03-08 5:09 PM

* The 5% deposit program, free locker, no closing costs, as well as the $20,000 cash back on studio suites, are available 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 artists concepts. E. & O.E.

416.351.1844 danielshighpark.com

in HIGH PARKChill Out

Presentation Centre:1830 Bloor St., W,

Suite 440

Street parking available

Mon/Tues: 12-6pm Wed: 12-8pm

Wknds & Holidays: 12-5pm

Thurs/Fri: closed

LIVING / DINING / SLEEPING104 x 911

ISLANDW

D

BATHDW

SEE THE WANDA STUDIO AT OUR OPEN HOUSE THIS WEEKEND. ONLY $284,900

TOTAL AREA: 419 SQ. FT. EAST VIEW

Cleverly designed, the Wanda suite is the perfect place to relax. It features meticulous finishes, 9 ft. ceilings, ensuite conveniences such as a washer and dryer, plus access to outstanding amenities. And, if you want to get out, youre right across the street from the park and minutes away from the shops and restaurants of Bloor West Village.

BLOOR ST.

W.

PARKSID

E DR.

DUNDAS ST W

DUNDAS ST W

DUNDAS ST W

DUNDAS ST W

DUNDAS ST W

PARKSID

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WINDER

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E AVE

S KINGSW

AY

S KINGSWAY

PARK LA

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WINDERM

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THE QUEENSWA

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LAKESHORE BLVD

LAKESHOR

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GARDINE

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LANSD

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QUEEN ST

W

KING ST W

HIGH PARK

HIGH PARK ZOO

HOWARDPUBLIC

SCHOOL

ST. JOSEPHSHEALTH CENTREWEST PO

ND THE QUEENSWAY

HIGH PARKSWIMMING POOL

THE GRENADIER

SWANSEATENNIS CLUB

ST. VINCENTDE PAULSEPARATESCHOOL

BISHOP

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CO

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S

MERTON

CATHOLIC

SECONDA

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BLOOR

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SWANSEA PUBLIC SCHOOL

HUMBERCINEMAS

ANNETTE

ST

BABY POIN

T RD

ANNETTE

ST

BLOOR ST W

JANE ST

KEELE ST.

RUNNYM

EDE RD

BLOOR ST

W

SUNNYSIDEPARK

RENNIEPARK

SOUTHHUMBER

PARK

GRENADIERPOND

HUMBERRIVER

LAKE ONTARIO

ST. PIUS XSEPARATE SCHOOL

DUPONT ST

N

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POOL BUDAPESTPARK

BLOOR WE

ST

VILLAGE

THE

JUNCTION

OLDMILL

RONCESVA

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VILLAGE

SWANSEA

LITTLE

MALTA

Mountview

Ave.

Oakm

ount Rd.

Pacific Ave.

High Park A

ve.

Quebec A

ve.Clendenan A

ve.

Glendonw

ynne Rd.

PRESENTATIONCENTRE

$20,000 OFF*FREE LOCKER*

($3,500 value)

5% DOWN*no closing costs*

30-day move-ins

DANHPK16018 CondoGuide Canada Blooms Insert.indd 1 2016-02-18 3:51 PM019-Daniels-HighPark 02-27-16.indd 19 2016-03-08 10:42 AM


Property Profile | CAMROST-FELCORP

MORE THAN EVER BEFORE, people want to work, play and

live their lives within one great location of the city, and

award-winning developer Camrost-Felcorps master-

planned communities have set the standard for how these

lifestyle desires can be combined seamlessly.

Located on St. Clair Avenue West between Avenue Road

and Yonge Street, Blue Diamond is the second phase of the

developers Imperial Plaza master planned community, and

it is poised to be a shining addition to the already iconic

condominium development.

We appreciate that time is a precious commodity for

busy city dwellers, and commuting all over the city

whether for business or leisure can be a drain on that

commodity, says Camrost-Felcorps President and CEO,

David Feldman. This is why we work so hard to build

luxurious projects like Blue Diamond as part of skillfully

planned communities like Imperial Plaza. We help ensure

residents have everything they need right at their doorstep,

all within the citys foremost neighbourhoods.

Designed by internationally renowned Diamond

Schmitt Architects (DSAI), Blue Diamond offers buyers

the opportunity to live luxurious lifestyles nestled

amongst Forest Hill, Moore Park and Casa Loma. The

neighbourhood offers convenient access to a wealth of

shops, restaurants and schools, not to mention close

proximity to an abundance of lush, natural greenspaces.

In addition to enjoying a full gamut of local features and

conveniences, residents have great options and amenities

located right within the Imperial Plaza community,

including The Market by Longos and a flagship LCBO store

in the grand lobby of Imperial Plaza.

With an underground connection between the adjacent

developments, Blue Diamond residents can pick up their

groceries, grab a coffee from Starbucks and select a bottle

of wine, all without ever stepping outside. Residents can

also enjoy access to the communitys Imperial Club. Over

20,000 square feet, this recreational facility features a

state-of-the-art fitness centre, indoor pool, whirlpool spa

and steam rooms. The Imperial Club also houses squash

cover story

Blue Diamond Condominiums Offers residents everything to live life to the fullest, right where they are

020-021 COVER - Blue Diamond March 12 -FINAL_MCek.indd 2 2016-03-08 2:43 PM

courts, movie theatres, a yoga/Pilates

studio and a golf simulator.

It truly is modern, urban living at

its best, says Feldman. Residents will

live every day with the amenities of a

five star resort.

Perfectly set at the top of the Forest

Hill Escarpment, the unobstructed

city skyline and downtown views

from Blue Diamond will be truly

breathtaking.

The suites in Blue Diamond

have been meticulously designed,

considering every detail necessary to

create a refined, yet contemporary

lifestyle. Featuring suites designed

for both buyers who are looking

for a cozy one-bedroom suite to

those who are looking for a large

three-bedroom penthouse, Camrost-

Felcorp wanted to make luxury a

standard for everyone.

Suites feature a custom designed

chefs kitchen, sleek European-style

custom cabinetry, elegant stone

countertops, high-end appliances and

lavish bathrooms. Generous principal

rooms and unobstructed views of

Torontos cityscape add further luxury

and modern appeal.

Blue Diamonds masterfully designed

residences range from 485 sq. ft to

more than 2,000 sq. ft, and start from

the mid-$300s offering all types

of buyers the opportunity to live in a

luxurious master planned community

that caters to their lifestyle needs.

Camrost-Felcorp has delivered

countless successful high-end luxury

condominium residences over their 40

years of building. Most recently, The

Avenue, located at Avenue Road and

St. Clair, has become one of the most

desirable high-end boutique residences

in the city, until possibly now with

Camrost-Felcorps newest vision.

Located south of the Imperial

Plaza community in the heart of

Torontos much-coveted Yorkville

neighbourhood, is another exclusive

development in Camrost-Felcorps

portfolio of luxurious real estate

communities: Yorkville Private Estates.

Rising from floor 26 to the ultra-

spacious 8,000 sq. ft. penthouse

and terrace at floor 40, crowning

Camrost-Felcorps Cumberland

Tower, the Private Estates will be a

separate condominium, having their

own exclusive lobby, concierge, valet

and porter service, elevators and

private fitness facilities, among other

elite features and amenities.

The Yorkville Private Estates were

inspired by the world-class residential

real estate markets of London, Paris

and New York, says Feldman. Were

proud to say they are unlike anything

else available on the Toronto market

so much so, that we needed to create

a new term to define the quality

service and experience residents

of the Private Estates will come to

expect. Enter the rise of superluxury.

Magnificently designed to the

smallest detail, the Yorkville Private

Estates offer a triple-A location,

an incredible level of finishes from

exclusive suppliers (Miele, Waterworks,

Downsview Kitchens), not to mention

a superior level of service from a team

of customer relations experts including

valets, concierge staff and porters.

Estates range from two bedrooms

to three-plus-dens and a general

floor area of 1,025 square feet to a

sprawling 8,000 sq. ft., with prices

starting at $1.5 million.

Visit the Blue Diamond sales centre

at 1499 Yonge St. Monday to

Thursday noon to 6pm, weekends

noon to 5pm. Call 416.925.2501 or

visit bluediamondcondos.ca. For

information on Yorkville Private

Estates, visit theprivateestates.com

or make a private appointment to

view the Private Estates Lifestyle

Experience Centre at 155 Yorkville

Avenue. For information on

Camrost-Felcorp developments, visit

camrost-felcorp.com.

LocationForest Hill/Deer Park

BuilderCamrost-Felcorp

DevelopmentBlue Diamond Condominiums

Home TypeOne-bedroom suite to three-bedroom penthouse

Sales Centre1499 Yonge St.

Contact416.925.2501 bluediamondcondos.ca

020-021 COVER - Blue Diamond March 12 -FINAL_MCek.indd 3 2016-03-08 2:44 PMTCG 03-12-16 master.indd 20 2016-03-08 6:14 PM


Property Profile | CAMROST-FELCORP

MORE THAN EVER BEFORE, people want to work, play and

live their lives within one great location of the city, and

award-winning developer Camrost-Felcorps master-

planned communities have set the standard for how these

lifestyle desires can be combined seamlessly.

Located on St. Clair Avenue West between Avenue Road

and Yonge Street, Blue Diamond is the second phase of the

developers Imperial Plaza master planned community, and

it is poised to be a shining addition to the already iconic

condominium development.

We appreciate that time is a precious commodity for

busy city dwellers, and commuting all over the city

whether for business or leisure can be a drain on that

commodity, says Camrost-Felcorps President and CEO,

David Feldman. This is why we work so hard to build

luxurious projects like Blue Diamond as part of skillfully

planned communities like Imperial Plaza. We help ensure

residents have everything they need right at their doorstep,

all within the citys foremost neighbourhoods.

Designed by internationally renowned Diamond

Schmitt Architects (DSAI), Blue Diamond offers buyers

the opportunity to live luxurious lifestyles nestled

amongst Forest Hill, Moore Park and Casa Loma. The

neighbourhood offers convenient access to a wealth of

shops, restaurants and schools, not to mention close

proximity to an abundance of lush, natural greenspaces.

In addition to enjoying a full gamut of local features and

conveniences, residents have great options and amenities

located right within the Imperial Plaza community,

including The Market by Longos and a flagship LCBO store

in the grand lobby of Imperial Plaza.

With an underground connection between the adjacent

developments, Blue Diamond residents can pick up their

groceries, grab a coffee from Starbucks and select a bottle

of wine, all without ever stepping outside. Residents can

also enjoy access to the communitys Imperial Club. Over

20,000 square feet, this recreational facility features a

state-of-the-art fitness centre, indoor pool, whirlpool spa

and steam rooms. The Imperial Club also houses squash

cover story

Blue Diamond Condominiums Offers residents everything to live life to the fullest, right where they are

020-021 COVER - Blue Diamond March 12 -FINAL_MCek.indd 2 2016-03-08 2:43 PM

courts, movie theatres, a yoga/Pilates

studio and a golf simulator.

It truly is modern, urban living at

its best, says Feldman. Residents will

live every day with the amenities of a

five star resort.

Perfectly set at the top of the Forest

Hill Escarpment, the unobstructed

city skyline and downtown views

from Blue Diamond will be truly

breathtaking.

The suites in Blue Diamond

have been meticulously designed,

considering every detail necessary to

create a refined, yet contemporary

lifestyle. Featuring suites designed

for both buyers who are looking

for a cozy one-bedroom suite to

those who are looking for a large

three-bedroom penthouse, Camrost-

Felcorp wanted to make luxury a

standard for everyone.

Suites feature a custom designed

chefs kitchen, sleek European-style

custom cabinetry, elegant stone

countertops, high-end appliances and

lavish bathrooms. Generous principal

rooms and unobstructed views of

Torontos cityscape add further luxury

and modern appeal.

Blue Diamonds masterfully designed

residences range from 485 sq. ft to

more than 2,000 sq. ft, and start from

the mid-$300s offering all types

of buyers the opportunity to live in a

luxurious master planned community

that caters to their lifestyle needs.

Camrost-Felcorp has delivered

countless successful high-end luxury

condominium residences over their 40

years of building. Most recently, The

Avenue, located at Avenue Road and

St. Clair, has become one of the most

desirable high-end boutique residences

in the city, until possibly now with

Camrost-Felcorps newest vision.

Located south of the Imperial

Plaza community in the heart of

Torontos much-coveted Yorkville

neighbourhood, is another exclusive

development in Camrost-Felcorps

portfolio of luxurious real estate

communities: Yorkville Private Estates.

Rising from floor 26 to the ultra-

spacious 8,000 sq. ft. penthouse

and terrace at floor 40, crowning

Camrost-Felcorps Cumberland

Tower, the Private Estates will be a

separate condominium, having their

own exclusive lobby, concierge, valet

and porter service, elevators and

private fitness facilities, among other

elite features and amenities.

The Yorkville Private Estates were

inspired by the world-class residential

real estate markets of London, Paris

and New York, says Feldman. Were

proud to say they are unlike anything

else available on the Toronto market

so much so, that we needed to create

a new term to define the quality

service and experience residents

of the Private Estates will come to

expect. Enter the rise of superluxury.

Magnificently designed to the

smallest detail, the Yorkville Private

Estates offer a triple-A location,

an incredible level of finishes from

exclusive suppliers (Miele, Waterworks,

Downsview Kitchens), not to mention

a superior level of service from a team

of customer relations experts including

valets, concierge staff and porters.

Estates range from two bedrooms

to three-plus-dens and a general

floor area of 1,025 square feet to a

sprawling 8,000 sq. ft., with prices

starting at $1.5 million.

Visit the Blue Diamond sales centre

at 1499 Yonge St. Monday to

Thursday noon to 6pm, weekends

noon to 5pm. Call 416.925.2501 or

visit bluediamondcondos.ca. For

information on Yorkville Private

Estates, visit theprivateestates.com

or make a private appointment to

view the Private Estates Lifestyle

Experience Centre at 155 Yorkville

Avenue. For information on

Camrost-Felcorp developments, visit

camrost-felcorp.com.

LocationForest Hill/Deer Park

BuilderCamrost-Felcorp

DevelopmentBlue Diamond Condominiums

Home TypeOne-bedroom suite to three-bedroom penthouse

Sales Centre1499 Yonge St.

Contact416.925.2501 bluediamondcondos.ca

020-021 COVER - Blue Diamond March 12 -FINAL_MCek.indd 3 2016-03-08 2:44 PMTCG 03-12-16 master.indd 21 2016-03-08 6:14 PM

For Priority PreviewREGISTER TODAY

LIVE AMIDST A 848 ACRE CONSERVATION AREA

COMING SOON TO GOREWAY DRIVE & HWY 7Presenting Cocoon Condos, the GTAs most outstanding new home value and a revitalizing place

to call home. Youll be surrounded by 848 acres of protected picturesque forest, yet mere minutes

from all the shopping, dining and amenities you desire from Brampton and Woodbridge. Whether youre a

first-time buyer or an empty-nester downsizing, you can choose from an inspiring selection of suites and

lofts featuring breathtaking views and cutting-edge green building design and construction.

Cocoon Condos is the perfect place to spread your wings and soar.

RUTHERFORD RD.

CLAIREVILLECONSERVATION

AREA

YORK

LAND

BLVD.

HWY 7

HW

Y 27

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27

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CocoonCondos.ca

$200sFROMTHE HIGH

O P EN I NG TH I S S P R I NG

Prices and specifications are subject to change without notice. Illustrations are artists concept. Map is not to scale. E.& O.E.

CAH 021 Cocoon Condo Ad_FNL.indd 1 2016-03-04 4:36 PM022-Castleridge-Cacoon 03-12-16.indd 22 2016-03-08 10:42 AM

Construction starting Fall 2016

Suites from the $400s to over $2.5 million

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

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

L E A R N M O R E

aspenridgehomes.com

SCENIC3 STUDIO SUITESThe Scenic studios offer an incredible opportunity for rst-time buyers to break into the market. Theyre spacious, easily affordable and given Scenics incredible location, make a wonderful investment.

Condos and Towns from the $300s

Condos and TownsFrom the $300s

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

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

23

023-Aspen-Corp 12-05-15.indd 23 2016-03-08 10:42 AM


Advice | FUNDAMENTALLY SPEAKING

WITH A FOCUS OF Jobs for today and

tomorrow, the 2016 Ontario budget

aims to do just that by growing

the economy and employment

opportunities. For that it scores

passing marks from the housing

industry and other sources.

Where it may come up a little

short is a couple years down the

road as it tries to balance the books.

Proof that its plan is working, the

Ontario ministry of finance points to:

Ontarios economic growth is

outpacing national growth and is

expected to continue to be among

the strongest in Canada for the

next two years.

Ontario has created more than

600,000 jobs since the recession

in 2009 and is projected to create

more than 300,000 additional jobs

by the end of 2019, bringing total

job creation to more than 900,000

net new jobs over a 10-year period.

For 2015-16, the defi cit is forecast to

be $5.7 billion, which is $2.8 billion

lower than projected in the 2015

Budget. The government is projecting

a defi cit of $4.3 billion in 2016-17.

Ontario says it will balance

the budget in 2017-18, while

continuing its focus on investments

that stimulate economic and

employment growth.

Ontario 2016 budget good, not great, for housing

By Wayne Karl


There wasnt much in the budget

specifi cally on housing, with the

exception of giving more people access

to adequate and a ordable housing

through a three-year investment of

$178 million, as part of the Long-

Term A ordable Housing Strategy.

In addition, the Green Investment

Fund will help almost 40,000 families

conduct energy audits and retrofi ts on

their homes, reducing their energy bills.

Another focus was reducing

commute times and making travel

more convenient by implementing

Regional Express Rail, improving

GO Transit services and continuing

to roll out the PRESTO fare card

system on Toronto transit.

For its part, the Ontario Home

Builders Association (OHBA) says

it appreciates the climate change

initiatives to shift towards a low-

carbon economy. The infrastructure

investments and transit funding

will support the development

of complete communities and

reduce greenhouse gas emissions

from both the building and the

transportation sector.

People need better transportation

options in communities across

Ontario and the provinces massive

transit investment should support

the creation of location e cient

and complete communities, says

OHBA CEO Joe Vaccaro. Building

complete communities along

transit lines makes sense and these

investments in transit are a golden

opportunity for municipalities to do

the pro-active planning work and

pre-zone appropriate intensifi cation

along transit corridors. The quid

pro quo for provincial investment

in transit should be a requirement

for municipalities to modernize

decades out-of-date zoning to

properly align land-use planning

with transportation planning.

The Conference Board of Canada,

while acknowledging the economy

has improved over the last three

years and is now among the growth

leaders in Canada says there are

risks with this budget.

Among them is that, beginning in

2017, households and businesses will

begin paying more for gasoline and

home heating under the governments

plan to fi ght climate change. This, at a

time when consumer spending, a robust

housing sector and business investment

are key drivers of the economy.

On the expenditure side, the

government has been able to keep

spending under control as it had

budgeted, the Board says. However,

the toughest cuts are still to come.

Budget 2016 allows for small

increases in spending on health care,

social services, and education over

the next two years. But in order to

rein in spending even more than what

was achieved in the last two years,

other program spending will have to

be cut by four per cent in 2016-17.

The budget provides few

details on how these cuts will be

implemented, the Board says.

Indeed, one of the biggest

challenges going forward as the

province attempts to balance

its books will be sticking to its

ambitious spending targets.

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

024 FS NEW Ont budget_MT_TL-WK ek.indd 2 2016-03-08 12:42 PM

DEER PARK CHECKS all three boxes

of the real estate mantra location,

location, location! It is bounded by

the Beltline Trail to the north with

Avenue Road and Oriole Parkway

to the west, Farnham Avenue to the

south, enclosed by the Vale of Avoca,

Alvin Avenue, Glen Avenue and Yonge

Street to the east.

Lifestyle

This was once a grazing meadow

for deer, and in 1837 the Heath

family named it Deer Park. Since

then, it has metamorphosed into a

quiet, tree-lined residential area with

eastern arteries that spill into the

commercially active and bustling life

of the Yonge Street corridor. This is

the perfect place to enjoy a live-

work-play lifestyle.

Vibe

With nightlife, restaurants, pampering

Neighbourhood Profi le

services and trendy shops within

walking distance, this neighbourhood

is a blend of old and new, the uber

rich and the aspiring. Skyscrapers,

like the Imperial Oil building and the

Wittington Tower, are comfortably

contrasted by church facades,

sprawling school compounds,

parkettes, public art installations,

ravines and manicured cemeteries.

One also never loses sight of the CN

Tower in the cityscape.

Meet the neighbours

The past home to a handful of

artists such as Glenn Gould, Margaret

Avison and Joy Fielding, Deer Park

presents an eclectic and diverse

mix. Residents are upwardly mobile

families or white-collared single

young professionals with lofty

incomes. This area also has a healthy

elderly population of 65 years and

older.

In the area

Yonge Street is Deer Parks

entertainment, business and

commercial lifeline, and

conveniences abound. Retail

staples around the Yonge and St.

Clair hub are coupled with banking

conveniences, shopping centres,

dining and more. Recreational options

such as Oriole Park, Rosehill Reservoir

Park and David Balfour Park are

perfect for joggers and walkers.

Planes, trains & automobiles

A commuters dream, area amenities

are extensive. Most amenities are a

fi ve- to ten-minute walk away so

running errands, quite literally, is the

best here. The St. Clair subway station

is located in the heart of Yonge

and St. Clair, and streetcars carry

commuters along St. Clair Avenue

West. TTC buses ply regularly as well.

Downtown Toronto is just 15 minutes

away by car.

The good, the bad & the rest

The area o ers all the luxuries of

suburbia, mixed with a good dose

of a bustling city life, surrounded by

swatches of beautiful lush greens.

Real estate

Average home prices in Deer Park

commence at $1.5 million, while rents

for bachelor suites start at $1,000.

Grocery prices range from moderate

to upscale. A ordable dining options

range from $5 to $25 per person

thanks to the area pubs, burger joints,

and Chinese and Indian takeout

places.

Sohini Bhattacharya is a freelance writer for YP NextHome. She is also co-founder and managing partner of a freelance writing business, Allegoro Communications.

Deer ParkThe perfect place to enjoy a live-work-play lifestyle

By Sohini Bhattacharya


025 NP Deer Park_JM-SB.indd 2 2016-03-08 10:07 AMTCG 03-12-16 master.indd 24 2016-03-08 5:09 PM

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

H E R E

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

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

PRO

JEC

T IN

FO

Client: Menkes

CO

LOU

R IN

FO

FIN

ISH

ING

N/A

File Name: MEN 29049 Menkes Fabrik 4 pg Condo Guide AdCyan Magenta Yellow Black

Finished Size: 15"w X 10.5" (DPS)

Flat Size: 7.5"w X 10.5" (1st & last page)

Output Scale: 100%

CO

ATIN

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NO

TES 4 PAGE AD

Medium: Print

APP

ROVA

LS Date: March 2, 2016 11:50 AM

Writer: Creative Director: Studio Manager:

Production Artist: Designer: Account Manager: Production Manager:

365 CHURCH

FABRIK HARBOUR PLAZA

PEARS

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

87 PETER PETER & KINGUNDER CONSTRUCTIONSUITES FROM $735,990416.591.7700

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

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

365 CHURCHCHURCH & CARLTONUNDER CONSTRUCTIONFROM $248,990416.591.7700

PEARSAVENUE & DAVENPORTMOVE IN NOW FROM $399,000416.323.0100

THE EGLINTON

87 PETER

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

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

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

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

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

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

shopping never stops with Queen Street West, Spadina, Kensington

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

hottest nightclubs, bars and fashionable lounges nearby. The rich

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

wide-eyed vitality.

MOVE IN SUMMER 2016 ONLY 10% DOWN

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

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

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

S TA R T TO S T Y LE

YOUR L I FE AT A DW TN

LO C AT IO N TH AT

ME A SUR E S UP.

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

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

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

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

shopping never stops with Queen Street West, Spadina, Kensington

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

hottest nightclubs, bars and fashionable lounges nearby. The rich

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

wide-eyed vitality.

MOVE IN SUMMER 2016 ONLY 10% DOWN

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

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

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

S TA R T TO S T Y LE

YOUR L I FE AT A DW TN

LO C AT IO N TH AT

ME A SUR E S UP.


Advice | FUNDAMENTALLY SPEAKING

WITH A FOCUS OF Jobs for today and

tomorrow, the 2016 Ontario budget

aims to do just that by growing

the economy and employment

opportunities. For that it scores

passing marks from the housing

industry and other sources.

Where it may come up a little

short is a couple years down the

road as it tries to balance the books.

Proof that its plan is working, the

Ontario ministry of finance points to:

Ontarios economic growth is

outpacing national growth and is

expected to continue to be among

the strongest in Canada for the

next two years.

Ontario has created more than

600,000 jobs since the recession

in 2009 and is projected to create

more than 300,000 additional jobs

by the end of 2019, bringing total

job creation to more than 900,000

net new jobs over a 10-year period.

For 2015-16, the defi cit is forecast to

be $5.7 billion, which is $2.8 billion

lower than projected in the 2015

Budget. The government is projecting

a defi cit of $4.3 billion in 2016-17.

Ontario says it will balance

the budget in 2017-18, while

continuing its focus on investments

that stimulate economic and

employment growth.

Ontario 2016 budget good, not great, for housing

By Wayne Karl


There wasnt much in the budget

specifi cally on housing, with the

exception of giving more people access

to adequate and a ordable housing

through a three-year investment of

$178 million, as part of the Long-

Term A ordable Housing Strategy.

In addition, the Green Investment

Fund will help almost 40,000 families

conduct energy audits and retrofi ts on

their homes, reducing their energy bills.

Another focus was reducing

commute times and making travel

more convenient by implementing

Regional Express Rail, improving

GO Transit services and continuing

to roll out the PRESTO fare card

system on Toronto transit.

For its part, the Ontario Home

Builders Association (OHBA) says

it appreciates the climate change

initiatives to shift towards a low-

carbon economy. The infrastructure

investments and transit funding

will support the development

of complete communities and

reduce greenhouse gas emissions

from both the building and the

transportation sector.

People need better transportation

options in communities across

Ontario and the provinces massive

transit investment should support

the creation of location e cient

and complete communities, says

OHBA CEO Joe Vaccaro. Building

complete communities along

transit lines makes sense and these

investments in transit are a golden

opportunity for municipalities to do

the pro-active planning work and

pre-zone appropriate intensifi cation

along transit corridors. The quid

pro quo for provincial investment

in transit should be a requirement

for municipalities to modernize

decades out-of-date zoning to

properly align land-use planning

with transportation planning.

The Conference Board of Canada,

while acknowledging the economy

has improved over the last three

years and is now among the growth

leaders in Canada says there are

risks with this budget.

Among them is that, beginning in

2017, households and businesses will

begin paying more for gasoline and

home heating under the governments

plan to fi ght climate change. This, at a

time when consumer spending, a robust

housing sector and business investment

are key drivers of the economy.

On the expenditure side, the

government has been able to keep

spending under control as it had

budgeted, the Board says. However,

the toughest cuts are still to come.

Budget 2016 allows for small

increases in spending on health care,

social services, and education over

the next two years. But in order to

rein in spending even more than what

was achieved in the last two years,

other program spending will have to

be cut by four per cent in 2016-17.

The budget provides few

details on how these cuts will be

implemented, the Board says.

Indeed, one of the biggest

challenges going forward as the

province attempts to balance

its books will be sticking to its

ambitious spending targets.

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

024 FS NEW Ont budget_MT_TL-WK ek.indd 2 2016-03-08 12:42 PM

DEER PARK CHECKS all three boxes

of the real estate mantra location,

location, location! It is bounded by

the Beltline Trail to the north with

Avenue Road and Oriole Parkway

to the west, Farnham Avenue to the

south, enclosed by the Vale of Avoca,

Alvin Avenue, Glen Avenue and Yonge

Street to the east.

Lifestyle

This was once a grazing meadow

for deer, and in 1837 the Heath

family named it Deer Park. Since

then, it has metamorphosed into a

quiet, tree-lined residential area with

eastern arteries that spill into the

commercially active and bustling life

of the Yonge Street corridor. This is

the perfect place to enjoy a live-

work-play lifestyle.

Vibe

With nightlife, restaurants, pampering

Neighbourhood Profi le

services and trendy shops within

walking distance, this neighbourhood

is a blend of old and new, the uber

rich and the aspiring. Skyscrapers,

like the Imperial Oil building and the

Wittington Tower, are comfortably

contrasted by church facades,

sprawling school compounds,

parkettes, public art installations,

ravines and manicured cemeteries.

One also never loses sight of the CN

Tower in the cityscape.

Meet the neighbours

The past home to a handful of

artists such as Glenn Gould, Margaret

Avison and Joy Fielding, Deer Park

presents an eclectic and diverse

mix. Residents are upwardly mobile

families or white-collared single

young professionals with lofty

incomes. This area also has a healthy

elderly population of 65 years and

older.

In the area

Yonge Street is Deer Parks

entertainment, business and

commercial lifeline, and

conveniences abound. Retail

staples around the Yonge and St.

Clair hub are coupled with banking

conveniences, shopping centres,

dining and more. Recreational options

such as Oriole Park, Rosehill Reservoir

Park and David Balfour Park are

perfect for joggers and walkers.

Planes, trains & automobiles

A commuters dream, area amenities

are extensive. Most amenities are a

fi ve- to ten-minute walk away so

running errands, quite literally, is the

best here. The St. Clair subway station

is located in the heart of Yonge

and St. Clair, and streetcars carry

commuters along St. Clair Avenue

West. TTC buses ply regularly as well.

Downtown Toronto is just 15 minutes

away by car.

The good, the bad & the rest

The area o ers all the luxuries of

suburbia, mixed with a good dose

of a bustling city life, surrounded by

swatches of beautiful lush greens.

Real estate

Average home prices in Deer Park

commence at $1.5 million, while rents

for bachelor suites start at $1,000.

Grocery prices range from moderate

to upscale. A ordable dining options

range from $5 to $25 per person

thanks to the area pubs, burger joints,

and Chinese and Indian takeout

places.

Sohini Bhattacharya is a freelance writer for YP NextHome. She is also co-founder and managing partner of a freelance writing business, Allegoro Communications.

Deer ParkThe perfect place to enjoy a live-work-play lifestyle

By Sohini Bhattacharya


025 NP Deer Park_JM-SB.indd 2 2016-03-08 10:07 AMTCG 03-12-16 master.indd 25 2016-03-08 5:09 PM

026-Aragon-81Wellesley 03-12-16.indd 26 2016-03-08 10:42 AM

Life happens between the lines at the WhitehausFrom the $300sWelcome to Whitehaus, midtowns most connected condominium community, steps to the subway, restaurants and all the excitement and energy of Yonge and Eglinton. With its defi ning architecture and inspiring amenities, Whitehaus is set to be an iconic new destination in this vibrant neighbourhood.

Register now I whitehaus.ca Prices and specifications subject to change without notice. E. & O. E. Illustration is artists concepts. Brokers protected. Exclusive broker listing: Baker Real Estate Incorporated.


027-Lifetime-Whitehaus 02-27-16.indd 27 2016-03-08 10:42 AM

416-813-0999TheLakeShoreCondo.ca

A COMBINATION RARELY OFFERED.AN ICON RARELY SEEN.

Located on the northeast corner of Lake Shore Blvd. and Bathurst St. in downtown Toronto, rising majestically above an iconic structure, The LakeShore will be one-of-a-kind. Exceptional lake and city views. 50,000 sq. ft. Loblaws flagship supermarket, 11,000 sq. ft. restaurant, and 88,000 sq. ft. of additional retail. Refined suite design. Inspired features and finishes and a compendium of life, health, and fitness amenities like none other. This is The LakeShore. Life in full.

Visit TheLakeShoreCondo.ca.

28 YPNEXTHOME.CA

028-029-Concord-Lakeshore 11-07-15.indd 28 2016-03-08 12:58 PM

416-813-0999TheLakeShoreCondo.ca

A COMBINATION RARELY OFFERED.AN ICON RARELY SEEN.

Located on the northeast corner of Lake Shore Blvd. and Bathurst St. in downtown Toronto, rising majestically above an iconic structure, The LakeShore will be one-of-a-kind. Exceptional lake and city views. 50,000 sq. ft. Loblaws flagship supermarket, 11,0

GTA New Condo Guide - Mar 12, 2016

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Transcript of GTA New Condo Guide - Mar 12, 2016