Tag Archives: Condominium

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The Davis Residences celebrates grand opening success in Newmarket

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The Davis Residences celebrates grand opening success in Newmarket

The Davis Residences at Bakerfield recently celebrated its official grand opening in Newmarket. The successful event attracted many excited potential homebuyers interested in discovering unprecedented modern urban condo living in Newmarket.

Excited crowds attend The Davis Residences’ official grand opening in Newmarket. Photo: Greg King

Rising 15 storeys, The Davis will be located on Parkside at Davis, in the heart of Uptown Newmarket’s urban centre. The Davis is the first phase of a 4.4-acre master-planned community that will consist of three towers rising above a beautifully landscaped courtyard and a new urban park. The residential community will boast approximately 500 new suites.

The Davis celebrates its official sales office grand opening with a ribbon-cutting ceremony. Left to right: The Rose Corporation’s President Daniel Berholz; CEO Sam Reisman; Vice-President Andrew Webster; and Milborne Group’s Vice-President Brian Shew. Photo: Arthur Mola

Developed by The Rose Corporation, the modern condominium is designed by Toronto architecture firm RAW to meet LEED Silver requirements incorporating the latest in advanced energy-efficient building methods and materials. The building presents a sleek and sophisticated urban design with spacious, liveable suite layouts ranging from one- to three-bedroom configurations. The building will be surrounded by a communal 20,000 sq. ft. park with a children’s playground, which will help to enhance the public realm while at the same time provide a health-conscious and safe social space for local area residents.

Photo: Arthur Mola

The condominium will also feature outstanding indoor amenities, including a stunning designer lobby and modern lounge with a fireplace and gallery; state-of-the-art fitness centre and yoga studio; elegantly-appointed party room with kitchen; furnished guest suites; kids play room; landscaped rooftop terrace; pet spa and bike racks for those who intend to explore the many attached local bike trails.

The Davis’ future residents will be in the heart of it all placing them walking distance to a wealth of boutique shops, restaurants, galleries and local services along Main St. Centrally located along a VIVA Rapidway route, just steps to Newmarket GO station, and close to Hwys. 404 and 400, The Davis will be at the heart of this emerging region that is naturally poised for a residential density boost.

The elegant one- to three-bedroom condo residences are priced from the $400’s to more than $600,000.

For more information register at thedaviscondos.com. Those interested in ownership opportunities at The Davis should email sales@thedaviscondos.com, call 905.235.9200 or visit the sales office at 693 Davis Dr., Newmarket. Hours are Monday to Thursday, 1 to 7 p.m.; Saturday and Sunday noon to 5 p.m.

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Odyssey – your journey leads here to Grimsby

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Odyssey – your journey leads here to Grimsby

Journey through a day of living at Odyssey – begin the morning with a cup of coffee on your balcony watching the sun rise over the escarpment. Around 9 a.m., you stroll along the waterfront with your dog, taking in the peace and serenity of Lake Ontario. Before bringing the dog back to your suite for a nap, you make a pitstop at the pet spa on the main level to wash up. Next is lunch at one of the many great restaurants in downtown Grimsby, followed by shopping at one of countless quaint boutiques on Livingston Avenue. End your day hosting friends and family at the rooftop entertainment lounge, which offers direct access to the Lakeview Terrace.

This paints a pretty picture of experiencing life at Odyssey, yet it still doesn’t match the unrivaled experience of actually living in this idyllic community in the heart of Grimsby. Designed by Kirkor Architects, Odyssey is the first of its kind on the Grimsby waterfront. A brilliant 20-storey condominium residence, Odyssey by Rosehaven Homes brings an innovative vision to life.

Odyssey is set to be an icon of modern style, featuring a beautiful glass façade full of light and life. As one of the tallest condominium buildings in Grimsby, it will be highlighted by a circle of townhomes, retail shops and patios. Patton Design Studio, the interior designers for this project, used the nautical inspiration of the waterfront to create grand, dynamic spaces that bring into harmony the lake and Odyssey’s interiors.

Glitz, glamour and dreamy views are truly the epitome of Odyssey. Whether you are in the impressive lobby, the fully-equipped fitness and yoga room or the rooftop entertainment lounge, the atmosphere is larger than life. Your new favourite spot will surely be the stunning Lakeview Terrace or Sunset Boulevard – two rooftop terraces where you can take in the surrounding scenery while enjoying a barbeque and al fresco dining.

In addition, every suite at Odyssey has a spectacular view. Each south-facing condo within the building reveals an extraordinary display of the Niagara Escarpment. You will never tire of watching the sunset and sunrise over the striking landscape.

The Ripple suite in particular is a standout, offering views of both the water and the escarpment. This suite is 982 sq. ft. with two bedrooms and two bathrooms, as well as two separate balconies facing different directions for ultimate scenic sights. The entire space is highlighted by the open floorplan with windows spanning the main living area, bringing in plenty of natural light.

The rest of the building is just as remarkable. With a dedicated bicycle parking area, Wi-Fi enabled amenity areas, surveillance cameras throughout various spaces and the virtual concierge for added security, every aspect of your living experience has been thought out and implemented for ultimate convenience.

Odyssey is located steps from the shores of Lake Ontario, on Windward Drive. Enjoy the natural spaces Grimsby has to offer with a walk, bicycle ride or run along the waterfront. Explore the Bruce Trail, stunning caves and lookout areas across the Niagara Escarpment. Grimsby, located just East of Stoney Creek, and minutes from world-class golf courses is the gateway to Ontario’s prestigious wine country.

Grimsby is home to many unique shops, as well as an abundance of big-box stores, providing an unparalleled shopping experience only moments from your doorstep. Several restaurants with mouthwatering menus within walking distance of Odyssey, with many more only requiring a quick drive. For the urban urge you may be looking for, the future Grimsby GO Station will bring you to downtown Toronto in just over an hour.

Odyssey is fresh, modern and convenient. Your journey has led you to the right place.

For more information about Odyssey, visit odysseylife.ca
or visit the sales centre at
10 Windward Dr., Grimsby, Ont.
T. 289-235-7430
Monday to Thursday noon to 7 p.m.
Fridays closed
Saturday, Sunday and holidays noon to 6:00 p.m.
odysseycondos@rosehavenhomes.com | rosehavenhomes.com

For more information about Rosehaven Homes, visit rosehavenhomes.com or stay connected at:

Facebook: facebook.com/rosehavenhomes

Instagram: instagram.com/rosehavenhomes/

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Start the new year with a new condo!

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Start the new year with a new condo!

Affinity and Odyssey Condos
Affinity and Odyssey Condos, Rosehaven Homes.

Why start the new year with a new condo?

  1. Condominiums across Toronto and the Greater Toronto Area have proven to be excellent additions to people’s lifestyle and financial portfolios. According to Urbanation, new condo prices hit an all-time high in the third quarter of 2018, while sales volume hit the third-highest Q3 total in the past 10 years. Think of the return on investment condominium owners who bought years ago have enjoyed. Get into the condo market now, while prices are still on the rise.
  2. You will find superb condominiums in remarkable locations close to amenities, public transit and parks. Some offer direct access to transit, which eliminates the need to own a vehicle. First-time buyers, in particular, find this tremendously helpful in affording an urban condo. Buyers of all ages appreciate the convenience of owning within walking and biking distance to run errands, and for some people, to their workplace.
  3. Today’s condominium architecture is stunning, whether the building is a sleek, modern point tower, an intimate boutique midrise, or anything in between. Traditional, transitional, contemporary… when you shop for a condo, you will find a variety of exteriors available to please a variety of sensibilities. Your condo should feel like “home” from first glance.
  4. Lifestyle in a condo is one of luxury, whether you move into a studio or compact one-bedroom suite or a sprawling penthouse. Beautiful building amenities span the gamut from party rooms to boardrooms, fitness centres to yoga studios, ground-level courtyards to rooftop oases with pools, barbecues, dining areas and/or lounges.
  5. The lifestyle is also one of ease as well, as residents’ maintenance fees cover the exterior upkeep such as landscaping and snow removal, as well as the cleaning and repair of all common areas in the building. Imagine the time that frees up to spend more time with family, traveling or enjoying hobbies.
  6. Suite interiors are masterpieces of design, with functional layouts that are flexible as well. With open-concept main living spaces, residents can delineate “rooms” to their preference using furniture groupings and area rugs. Gorgeous linear kitchens become part of the main living area and free up space. Dens can double as guest rooms, nurseries, home offices and anything else your imagination can conjure up.
  7. Today’s features and finishes rival those of condominiums around the world. In fact, our condominium purchasers here have much more choice than they do in the U.S. Even buyers who choose to appoint their suites with standards appreciate their beauty and quality.
  8. In Toronto and the GTA, we are fortunate to have some of the finest builders and developers in Ontario offering condominium communities. They enlist award-winning design firms to help bring their vision to reality.
  9. New condominiums in Ontario are still protected by Tarion Warranty Corp. Last year, the Minister of Government and Consumer Services announced proposed changes to enhance consumer protection, and Tarion is committed to supporting the province in this transition.

Those are just some of the reasons to start 2019 with a brand new condominium. Happy New Year!

BARBARA LAWLOR is president and CEO of Baker Real Estate Incorporated, winner of the pinnacle 2017 Riley Brethour Award from BILD, and an in-demand columnist and speaker. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

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Do YOU know what Kind of Condo You’re Buying?

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Do YOU know what Kind of Condo You’re Buying?

Condominiums can come in all shapes and sizes. You could, for example, purchase a condominium townhouse, or perhaps a one bedroom unit in a highrise. They are both classified as “condominiums” because you own your unit while at the same time sharing access (and the associated fees) for facilities ranging from pools and parking garages to elevators and driveways (otherwise known as common elements). However, just because the townhouse and highrise unit are both condos does not necessarily mean that they are defined the same way when it comes to warranty coverage.

There are several types of condos but the most common are “standard condominiums” and “common elements condominiums.” The determination of how a condominium project will be designated happens during the planning stage when the builder proposes the project and the municipality approves it.

When it comes time to buy, you need to know how your condo is classified because it affects the warranty coverage under the Ontario New Home Warranties Plan Act. Standard condominiums have warranty coverage for units and common elements, but common elements condominiums only have unit coverage.

9th & Main Condos + Towns
Pemberton Group’s 9th & Main Condos + Towns in Stouffville.

So what would this mean to you as an owner? Let’s say you’ve bought a townhouse that is part of a complex that has underground parking. If there’s a problem in the parking garage – maybe leaks, drainage issues or a faulty door – the condo designation will determine whether there’s warranty coverage. If your unit is a standard condominium development, then the common elements warranty will apply. If it’s a common element condominium development, then repairs might have to be covered by the condo corporation’s insurance, which could impact your condo fees, or it could require a special assessment on all the owners.

How your condo is designated also matters when it comes to how Tarion can help. If a builder is not taking steps to resolve common element issues, we can only assist in situations where there is warranty coverage.

For the sake of both your peace of mind and your wallet, you should have a real estate lawyer review the Declaration and Description attached to your purchase agreement to be sure that you know the designation and boundaries of the unit you’re looking to purchase. And if you have questions about the types of condos and their coverage, our customer service team can help. Contact us at customerservice@tarion.com or call 1.877.9TARION.

Howard Bogach

HOWARD BOGACH is president and CEO of Tarion Warranty Corp., a private corporation established to protect the rights of new homebuyers and to regulate new home builders. Tarion.com

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THE INDUSTRY INSIDER: Affordability is a challenge

Affordability is a challenge: The prices of condos have been rising

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Affordability is a challenge: The prices of condos have been rising

The prices of condos, which used to offer homebuyers a more affordable choice, have been rising, reducing the advantage of this option.

Every fall, BILD invites experts on economics and housing to join us for breakfast and speak to our members about what the GTA housing market will look like in the coming year. This fall was no exception and I was heartened by much of what I heard about current and future trends from Patricia Arsenault of Altus Group and Dana Senagama of the Canada Mortgage and Housing Corporation (CMHC). I also saw we have much left to do around housing supply and affordability in our region.

There’s no doubt we have a lot to look forward to in the GTA. Economic conditions are expected to be solid in the short term, with the employment growth rate projected to be 1.8 per cent in 2019, according to Arsenault, who is Altus Group’s executive vice president, data solutions. More GTA households than last year are planning renovations of over $5,000 in the next year, and the percentage of GTA households that currently rent but plan to buy a home in the next year has rebounded after softening last summer, according to Altus Group’s survey.

But these survey results only indicate what homeowners and potential new homebuyers intend to do, not what they are ultimately able to do, and Arsenault noted that households may take longer to save for that first home in the face of new mortgage hurdles and housing affordability challenges. The prices of condo apartments, which used to offer potential homebuyers a more affordable choice than single-family homes, have been rising, reducing the advantage of this option. In September, the benchmark price of new condo apartments was $789,643 and the benchmark price of new single-family homes at $1,119,533.

Despite rapid price gains in both ownership and rental markets, the supply response has been weak or inelastic, said Senagama, who is CMHC’s manager of market analysis. That means our housing supply is not rising in response to increased demand for housing and the corresponding increase in the prices of homes, as the law of supply and demand would lead us to expect. In fact, Senagama showed that Toronto is one of the markets in Canada that are not at the risk of overbuilding.

I was not surprised to hear this. BILD has consistently delivered the same message. We have said that we are not building enough housing to accommodate the 115,000 new residents who are arriving in our region every year. We should be building 50,000 homes every year, and last year we only built 38,000. A big reason for this supply shortfall is the lengthy development process that housing projects face in the GTA, slowed down by outdated regulation and red tape.

We should be updating zoning bylaws and official plans and streamlining the list of conditions for municipal approvals, so that we can build the housing our growing region needs. Only then will potential homebuyers be able to afford to make their dream of owning a home a reality.

David Wilkes is president and CEO of BILD.

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Marking the groundbreaking and start of construction of Davpart's Avro Condominiums in Toronto are, left to right, Skygrid Executive Vice-President-Residential, Danny Tito; Baker Real Estate President, Barbara Lawlor; Davpart’s Ari Hofstedter and Zev Hofstedter; Brisbin Brook Beynon Architects Partner, Greg Alexander; Baker Real Estate Vice-President, Jeff Clark. Photo: Spencer Wynn

Davpart begins construction at Avro Condominiums

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Davpart begins construction at Avro Condominiums

Davpart Inc. recently broke ground at  Avro Condominiums, a 14-storey, 180-unit development located at 10 De Boers Dr., just north of Allen Road and Sheppard in Toronto.

Featuring a sleek contemporary design and eye-catching rooftop expression, Avro offers sophisticated living complete with landscaped entry terraces.

Marking the groundbreaking and start of construction of Davpart's Avro Condominiums in Toronto are, left to right, Skygrid Executive Vice-President-Residential, Danny Tito; Baker Real Estate President, Barbara Lawlor; Davpart’s Ari Hofstedter and Zev Hofstedter; Brisbin Brook Beynon Architects Partner, Greg Alexander; Baker Real Estate Vice-President, Jeff Clark. Photo: Spencer Wynn
Marking the groundbreaking and start of construction of Davpart’s Avro Condominiums in Toronto are, left to right, Skygrid Executive Vice-President-Residential, Danny Tito; Baker Real Estate President, Barbara Lawlor; Davpart’s Ari Hofstedter and Zev Hofstedter; Brisbin Brook Beynon Architects Partner, Greg Alexander; Baker Real Estate Vice-President, Jeff Clark. Photo: Spencer Wynn

While the lobby is double-height and full of light, the top of the building is capped off with a wing-shaped roof that pays homage to the Avro heritage.

The structure is made up of high-efficiency glazing, white pre-cast concrete, and decorative metal features at the lower levels to frame entrances, canopies and fencing.

Architects are Brisbin Brook Beynon; amenities and interiors provided by Tomas Pearce Interior Design Consulting Inc.

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Condo Market: With New Condos, The ‘Big Picture’ is a Masterpiece

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Condo Market: With New Condos, The ‘Big Picture’ is a Masterpiece

Making decisions by looking at the big picture is wise, especially when shopping for a new condominium suite. Across Toronto and the Greater Toronto Area, you will find a myriad of amazing choices, locations and designs available. By North American standards, the appointments that come with our condos here in Canada are far and beyond what builders offer south of the border. Overall when you purchase new, you benefit from the latest design and construction standards, as Ontario Building Code is regularly amended to increase quality and energy efficiency.

As you shop for a new condominium, again, look at the big picture, then hone in on the details. Where would you like to live? “Location, location, location” became a cliché because it is so true, it is used all the time. Consider where you work, where your friends and family live, and places you like to frequent. You may base your location decision on being fairly close to any or all of these. Then again, purchasing for less in an up-and-coming neighbourhood that is a little farther out may well be worth the money you save over the course of your amortization.

Of course price is a big factor in your big picture. Be sure to look at prices realistically, and be fair when you compare. What does your purchase price include? Check which appointments are standard and which you will have to upgrade. The developer may be offering incentives that include upgrades or price reductions.

Next, look at the buildings you are considering from the outside-in. Do you like the architecture? Will the building make you feel “at home”? And amenities – do they satisfy your personal lifestyle and add to your future resale value? Thinking ahead is a great idea, because at some point, sometime, you will likely want to sell for whatever reason. If you are an investor, that’s even more reason to look at the big picture wisely and compare fairly.

One of the most exciting things about buying new is the colour selection appointment. This is where you choose the standards and upgrades (if desired) that transform your surroundings to reflect your personality and tastes. If you do decide to spend extra for options and want to maximize your potential return-on-investment, look at what the experts say: focus on the kitchen and bath(s) first. The breadth of the selection is remarkable. Among the tantalizing choices you will find items such as quiet self-closing drawers, wine fridges, pasta water taps, cabinetry with glass fronts, cornice moulding, extended islands, you get the detailed picture. And in the bathroom, with soaker tubs, marble flooring, rainwater showerheads and more, you can turn your ensuite into your own personal spa.

New home shoppers in the Greater Toronto Area are among the luckiest in the world. So, enjoy your shopping, consider the details and remember the big picture. Then place yourself into it in a beautiful new condo.

BARBARA LAWLOR is president and CEO of Baker Real Estate Incorporated and an in-demand columnist and speaker. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

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Life is an Odyssey in Grimsby

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Life is an Odyssey in Grimsby

Waterfront condominium and townhome community coming soon from Rosehaven

Each of us has our own individual style and views, but the water calls us home. Rosehaven is poised to bring luxury waterfront living with Odyssey. A brilliant 20-storey condominium complemented by 2 and 3-storey condo townhomes launching this summer by the shores of Lake Ontario in Grimsby.

Known as the gateway to Niagara, the gorgeous Grimsby waterfront is no longer the neighbourhood’s own secret. New home buyers have discovered the wonderful lifestyle and beautiful surroundings of this charming historic town. Set amidst everything that makes the Niagara Region appealing, Grimsby is a vibrant and growing town with a lively arts-and-culture scene, shopping, dining and more.

Here you will discover waterfront parks and conservation areas, with miles of tree-lined trails to explore. The Lookout Trail in the Beamer Conservation Area offers panoramic view of Grimsby and the lake and leads to Upper Beamer Falls. Coronation Park has the Lions Community Pool with a playground and splash pad as well as the Forty Mile Creek Trail, and a fun summer festival event called Happening at the Forty. The Bruce Trail runs through Beamer Valley, over the Forty Mile Creek and up to the escarpment where it has four lookouts offering an excellent lake views. Odyssey residents will love the Waterfront Trail at their door.

Odyssey’s 20-storey high-rise condominium residence will feature amazing views of Lake Ontario and the Niagara Escarpment. Condo suites offer a choice of lakeview or Escarpment views overlooking this spectacular neighbourhood where the Escarpment meets the Lake.

Residents can enjoy the carefree ‘lock-and-leave condo lifestyle with brand new amenities, and no upkeep or maintenance chores. Feel comfortable going away on vacation without worrying about your home.

Because Rosehaven knows that everyone’s life story is unique, the innovative builder is creating a wide selection of condo suite designs, with spacious open concept interiors with contemporary finishes to complement your personal style.

The condo townhomes at Odyssey are fresh and contemporary both inside and out – Rosehaven designs not see before. Three-storey townhomes will feature rooftop patios with views of the Escarpment. Two-storey townhomes are set on the second and third floor above ground floor retail and will have views of the lake.

Living in Grimsby with the lake right across the street feels like another world. It’s hard to believe that it’s only 30 minutes to Oakville, Burlington and St. Catharines.

A few minutes away are world famous wineries to tour, beautiful Niagara On The Lake and all the attractions of Niagara. The new Grimsby GO Station opening soon will connect to the Lakeshore West line that runs all the way from Niagara to Toronto’s Union Station.

Those who love waterfront condo living surrounded by natural beauty are urged to register online for Odyssey right away. For more information, visit www.myodysseylife.com

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Report: Questions to Ask a Real Estate Lawyer

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Report: Questions to Ask a Real Estate Lawyer

When Buying a Newly Built Condominium

If you’re in the market for a new condo, your real estate lawyer can be a good source of advice and of important information about your warranty rights and responsibilities.

Before you sign your Agreement of Purchase and Sale — a critical first step toward becoming a condo owner — here are a few common questions to ask your real estate lawyer:

1 Is my entire deposit protected?

Under the Condominium Act, the whole deposit must be held in trust or alternate security provided. So, your entire deposit is likely protected in the event that the builder cannot complete the project. Tarion provides deposit protection of $20,000 in the rare instance where trust money is improperly released.

2 Why is it taking so long to build my condominium?

Condominium projects can take a long time to build. To better understand the anticipated timeline for your condo, carefully review the Addendum to your Agreement of Purchase and Sale with your real estate lawyer. Here’s what to look for: On page one of the Addendum, you’ll find a few key dates:

  • The first date (listed as either “Firm” or “Tentative”) is called the “Occupancy Date.” Think of this as the builder’s first and best estimate for when your condo will be ready for occupancy. With proper notice, this date can be moved by the builder.
  • The second date is the “Outside Occupancy Date.” This is the builder’s estimate for completion in the event there are unanticipated delays. This date cannot be moved unilaterally by the builder because it is a firm commitment and is usually set years in the future.

On page two of the Addendum you’ll find information on the status of the project at the time of signing. For example, the builder must check off if he/she has obtained formal zoning, and if construction has commenced. If neither of these boxes are checked “yes,” the project may be years away from completion. Keep in mind, however, that money held in trust doesn’t get released until the project gets finished.

3 Are upgrades covered by my warranty?

Almost all new condos in Ontario are protected under warranty. But that warranty only covers what is contained in your Agreement of Purchase and Sale. Extras — such as upgrades that are not included in your contract — will not be covered under the warranty. What’s more, anything agreed to on a handshake or verbal promise will not be protected. So if you request additional items, work with your real estate lawyer to make sure everything is in writing!

For more tips for condo buyers and to learn more about new condo warranties, visit Tarion.com

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Video : Concord Park Place – Seasons

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Video : Concord Park Place – Seasons

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