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Aoyuan launches M2M Spaces collection at master-planned North York community

Aoyuan launches M2M Spaces Collection at master-planned North York community

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Aoyuan launches M2M Spaces Collection at master-planned North York community

Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M. One of the first projects to launch in Toronto this spring, M2M Spaces includes two- and three-bedroom townhomes and tower suites, located in the vibrant Yonge and Finch community.

Functional and private

“When we created the Spaces Collection, it was really important to us that the residences feel like single-family homes,” says Vince Santino, senior vice-president, development, Aoyuan International. “People are spending more time at home nowadays, and we recognize how important residences which are both functional and private are.

“That’s why we’re so thrilled to launch Spaces, an exciting offering which can support multigenerational families and working parents who are seeking an urban living experience without compromising space and privacy. We know that families of all sizes will enjoy the larger units, added flex spaces, exterior terraces and incredible amenities unique to M2M.”

The M2M Spaces collection consists of 25 spacious townhomes ranging from 1,000 to 1,300 sq. ft. and an additional 12 sub-penthouse units beginning at 703 sq. ft. Designed to maximize greenspace for residents, suites feature street-level entrances and views of a future new public park in the Park Collection, face inward towards private courtyard terraces in the Courtyard Collection, or offer personal rooftop terraces with an elevated park or courtyard view in the Rooftop Collection. Every suite will have access to fresh air and lush outdoor spaces, an increasingly important element in today’s urban environment.

Flexible floorplans

Flexible floorplans at M2M Spaces give residents the choice of an extended living, kitchen, and dining area. In the townhomes, another option incorporates sliding panels that open into a family room on the main level. Inside, abundant natural light streams in through large windows overlooking the greenery of the future new public park or the city skyline beyond.

To further support privacy and the needs of diverse families, residents will also benefit from the inclusion of Aoyuan’s switchable smart glass feature in the Sky Collection of sub-penthouse units. By simply flipping a switch, residents can change the transparent glass panels to transform to opaque, allowing for quiet time or increased concentration.

aoyuaninternational.com

 


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GTA homebuilders upbeat, foresee post-COVID-19 recovery

GTA homebuilders upbeat about post-COVID-19
recovery

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GTA homebuilders upbeat about post-COVID-19
recovery

The beginning of 2020 was looking especially bright in the new and resale home markets in and around the GTA. The economy was sailing along, interest rates were low, homebuyer appetite looked insatiable and everything that was built or put up for sale seemingly was snapped up in an instant.

Then COVID-19 hit, and everything changed.

Here we are now, mid-year and a few months into the pandemic, and while some insecurity remains, there are growing reasons for optimism.

The Conference Board of Canada, for example, reports that while major metropolitan economies may contract in 2020, assuming the virus’ spread is contained and companies can return to normal operations over the summer months, a recovery should begin in the second half of the year. Sharp rebounds should follow, and in the case of Toronto, GDP growth of 3.2 per cent from 2021 to 2024 could lead the country.

Another source, Altus Group, points out that the unique nature of this economic slowdown means the impact on housing markets will likely be mild and short lasting.

Altus Group Vice-President and Chief Economist Peter Norman says a relaxing of containment measures through early summer should bring a sharp resumption in new home sales activity.

Later in the year, home prices will likely return to their upward path, and expectations are for a five- to 10-per-cent year-over-year gain, nationally, by year-end.

The pandemic has been a challenging time for the homebuilding industry, an important economic driver. Construction was halted for a period, and though now allowed to resume, there is still some uncertainty in the market. Builders, however, remain largely upbeat.

Here’s how GTA area homebuilders are feeling:

Altree Developments

Jordan Debrincat
Director of Operations

We are very excited that construction can now continue on our sites. For our Thirty Six Zorra project in Etobicoke, we were at the point in our construction where we were just about to begin shoring and excavation before the shutdown took place, and we have to make some adjustments to our daily operations for this site. Now that construction is back up and running, we are ready to begin – full steam ahead. We were already ahead of schedule, so the provincial shutdowns didn’t affect our timing at all.

Construction resuming has put a lot of people at ease. This has allowed a number of people to return to work, developers to continue their operations, and purchasers the comfort that their home is going to be delivered on time.

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Aoyuan International

Vince Santino
Senior Vice-President of Development

M2M in North York is actively under construction. We’ve learned some great lessons about best practices and how to interact with each other when it comes to social distancing and providing a safe, informative sales experience. Part of that is adopting virtual sales tools, and leaning a little more on digital technology. We’re optimistic, and have plans to release a collection of townhomes and upper tower suites at M2M as part of M2M Spaces. These will be larger, more livable units, with a variety of outdoor spaces depending on the suite. There is a real emphasis on wellness, and pairing more spacious suites with the urban setting at Yonge and Finch.

The 8.6-acre M2M development will be one of Aoyuan’s largest master-planned communities in Canada and really gives us the opportunity to bring our healthy lifestyle vision to life. Everything from our amenity package, which includes a yoga and fitness area, indoor and outdoor kids play area and infinity pool, to our urban location, is geared around promoting healthy, active lifestyles. This corporate-wide focus on health and wellness positions us well in our collective, new reality. We’re thinking about the people who will be living at M2M, offering a range of suites sizes to accommodate a diverse cross-section of residents. We’re even providing homes for multi-generational families. I think space is going to be a cherished amenity for a lot of buyers, and we’re proud to be bringing a range of options to market.

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Carriage Gate Homes

Nick Carnicelli
President

Construction continues at Gallery Condos + Lofts in Burlington, with occupancy scheduled for 2022.

We moved the launch date for the first phase of our new large masterplanned community in Hamilton – Roxboro – from spring to the fall. Like many builders, we are continuing to plan for our launch, and may begin to change the way we launch projects in future. More virtual technology, no large crowds, with all appropriate COVID-19 measures in place.

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Flato Developments

Shakir Rehmatullah
President

We are very optimistic, as we’re already witnessing renewed confidence from homebuyers. We’re increasing our use of technology, as meeting virtually will become the new norm. For us, it’s business as usual. Our sites are under construction as planned, and more sites are beginning construction as per the government’s direction. We have been active in marketing, even though we couldn’t do physical sales events, and we have been conducting online webinars with good results. For new launches, we’ll likely adopt new technologies such as virtual openings for certain projects, to make sure vulnerable groups such as seniors are safe.

We believe the demand for lowrise homes and small buildings will increase as people embrace social distancing. And since more people will be working from home, many will invest more in their homes. Home offices will be a must.

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Menkes Highrise

Jared Menkes
Executive Vice-President

We are seeing signs of pent-up demand and positive sentiments among buyers, with the number of inquiries and people resuming their housing research growing every week. We expect that as the economy continues to reopen, buyers will regain confidence in their financial stability and capacity to buy.

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NATIONAL HOMES

Deena Pantalone
Principal

We have taken the COVID-19 situation very seriously, with offices open only via video or telephone. Now that the provincial government has opened up construction, we will continue to put the safety of our employees and our buyers first with strict protocols and social distancing.

Construction servicing is beginning at The Forest in Bradford, and in Brampton at Three Rivers Claireville. We are also beginning to book design studio appointments for this summer, with an even more personal, one-on-one approach to keep us all safe and healthy.

The demand is clearly still there for real estate. If anything positive can be said to have come from COVID-19, it’s that this virus has refocused our attention on the importance of our families, and the homes we live in.

Many people just need more from their residence; more space, different features, or even a different neighbourhood. That’s why we expect to see a strong market come back later this summer and fall. In fact, we have two new communities we are working towards launching, in Burlington and in Courtice, and we are incorporating unique features and technology that we believe people will want post-pandemic. So, homebuyers should look forward to not just new launches, but new innovations.

From recycling to renewable materials to energy-efficient features and Green products, to innovative new prefabricated wall systems, National is helping our buyers reduce their “Greenprint.

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Pinnacle International

Anson Kwok
Vice-President, Sales & Marketing

The market definitely took a quick pause to look both ways but people are now back to crossing the street, which is positive for the marketplace. Our construction teams were active and our projects continue to rise.

Pinnacle has a diverse offering of projects that can suit any prospective homebuyer. We have four active constructions sites and pre-construction developments, so there are opportunities to move in as early as this fall to the next five years. These master-planned communities are located in desirable neighbourhoods in Toronto, Etobicoke and Mississauga.

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Regal Crest Homes

Art Rubino
Contracts Manager/Marketing Manager

Construction has never stopped for us since the province declared residential construction as an essential service. New construction starts only follow up last year’s sales. The real story will be the coming weeks, as we slowly open up sales offices.

We are here to fulfill homebuyers’ dreams, and with interest rates still so low, it’s an excellent time to buy.

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Solmar Development Corp.

Angela Marotta
Director of Marketing and Sales

We are fortunate that our current projects are more than 80 per cent sold, as we launched well before COVID-19. The other projects we have coming up are still in preliminary stages, however they have been pushed back as consultants and city officials have yet to resume full-time scheduling. We are focusing on the planning process for Park Avenue Tower 3, and Bellaria Phase 2 in Vaughan, as they’ve been delayed.

We are continuing with the construction of Edge and Oro towers in Mississauga and Park Avenue towers 1 and 2. Our goal is to catch up and get our purchasers moved in. Many of them are renting, so this investment is giving them something to look forward to. It’s evident that as other markets show so many variables and uncertainties given the current climate, real estate remains a secure investment.

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Tridel

Samson Fung
Vice-President, Marketing

We were fortunate to be able to continue construction and delivering homes to our homeowners. We implemented strict enhancements to our health and safety protocols on our construction sites to help safeguard the well-being of our employees and the communities we’re building, and these will remain in place as things begin to open up. Generally, we remain optimistic and see the industry as a whole preparing to adopt new measures and stabilize within this new environment. We’re proud of our efforts over the last few months, and our resilience as we come back stronger as leaders in both real estate and construction, and we’re looking forward to a strong finish in 2020.

As we move into the second half of 2020, we’re eagerly preparing to bring new communities to the marketplace. In the meantime, our design appointments and pre-delivery inspections with homeowners have continued through the spring and we’re looking forward to welcoming our homeowners back when we can. This new era forced us to be innovative in a different way. We are putting new safety measures in place for all of our customer-facing environments and discovering new ways to connect with our audiences. Our new digital experience, called Tridel Live, brings more information directly to the consumer; from a live chat with our sales team and virtual tours of our model suites, to access to more digital assets for our sales team, and more. This is just the beginning of a new way of meeting our clients’ needs and finding new ways to meet them.

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M2M by Aoyuan International

M2M by Aoyuan International focuses on healthy living in Toronto

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M2M by Aoyuan International focuses on healthy living in Toronto

When translated, Aoyuan, means “Olympic garden.” Founded in 1996, Aoyuan International‘s trademark philosophy is building healthy lifestyles. As an international developer, with projects in China, Hong Kong, Australia, Vancouver and Toronto, the company’s mission is to integrate residential real estate, with sports and recreational amenities. To date, M2M is the largest master-planned community by this developer in Canada.

M2M is not only a two-minute walk from the Yonge-Finch subway, but it will have underground access to the future Yonge and Cummer subway stop. Replacing an outdated plaza, this infill community will encompass the full 8.6 acres, and will include 1,650 residences, a daycare, a community centre, and more than 180,000 sq. ft. of office and retail space.

Well-equipped work space.
Well-equipped work space.

Weaving an urban fabric

Recognizing the need for larger, family friendly suites, Aoyuan wanted to create a condo community that appealed to a wide range of buyers. Not only will residents have the use of the 30,000-sq.-ft. community centre, but exclusive outdoor areas will be designated as quiet, or active, zones. These zones will be positioned over a two-level internal courtyard – ideal for reading, mediating or yoga. In addition to the two-storey fitness centre, the rooftop pool will offer spectacular city views. The project also includes a well-equipped work space with a boardroom for private meetings and presentations for those who prefer to work from home.

M2M block party
M2M block party

A public park and a public right-of-way will connect residents and adjacent neighbours with an east-west pedestrian laneway off of Yonge Street, which, in turn, will be connected to a network of smaller scaled streets that wind throughout the M2M community.

Steps from the subway line and 24-hour transit, this Yonge Street location is truly a transportation hub, making it easy for those who have offsite destinations, including work, school and entertainment, as well as all that the city has to offer. Within this all-encompassing environment, M2M residents have access to onsite services, retail and recreational amenities.

Retail space and pedestrian laneways.
Retail space and pedestrian laneways.

Planning and design

Toronto’s Wallman Architects had their work cut out for them, as it was Aoyuan’s mission to integrate M2M with the surrounding community, while giving it a distinctive presence. An eight-storey residential podium will include much-needed shops and services on the western side of Yonge Street. A lower podium, with integrated townhomes, will directly face a park for a more intimate streetscape. Here, townhomes will include front patios and gardens that are in tune with the landscaped park.

Gym and yoga studios
Gym and yoga studios

On the exterior facade, ceramic materials will be embedded in glass for a translucent, textured appearance. The visually appealing technique, not only helps to maintain privacy, while still allowing for natural light, but it also strategically camouflages those levels that require mechanical equipment.

Gym and yoga studios
Gym and yoga studios

Working closely with one of Toronto’s top interior architecture and design studios, U31, Aoyuan was adamant about integrating natural elements into modern living spaces. The healthy community concept ensures that maximum natural light is complemented with organic forms and materials for a serene, Zen-style environment.

It takes a village

With more than 300 major residential and commercial properties in China, Australia and Canada, it’s important to the major players that Aoyuan communicates their healthy living and intelligent lifestyle values to the community at large. Part of this includes their direct involvement with local initiatives and sports teams, as well as engaging the public in real-time activities.

Indoor/outdoor children's play area.
Indoor/outdoor children’s play area.

More than 600 people came out to the M2M Block Party that was held in a 9,000-sq.-ft. parking lot. Aoyan transformed the lot into a pop-up park and playground, with real grass, cedar trees and a variety of lawn games. Complimentary yoga, Tai Chi and stretch classes were also offered. And like their target market, young families and seniors were able to embrace the healthy living concept.

The model suite and sales office are now open at 5851 Yonge St.

m2mcondos.com

416.901.2720


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M2M Condos

Aoyuan launches T1 – the highly anticipated south tower at M2M Condos

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Aoyuan launches T1 – the highly anticipated south tower at M2M Condos

Aoyuan‘s transformation of Yonge and Finch into a complete live-work-play community is currently underway. The demolition of the former Newtonbrook shopping plaza began in December 2018. The 8.6-acre arterial site will become home to M2M, a fully integrated community that will add five residential towers, 180,000 sq. ft. of new office and retail space, a daycare centre, community centre and new public park to the neighbourhood.

“M2M will become a new destination for Yonge and Finch – a vibrant residential community, with rich retail and office and interconnected greenspaces to support a healthy urban lifestyle,” says Vince Santino, senior vice-president, development (Eastern Canada), Aoyuan Property Holdings (Canada) Ltd.

Following the sold-out success of M2M’s north tower, Aoyuan is bringing the south tower to the market this spring. Located on the southern edge of the new community, steps from Yonge and Finch subway and GO Stations, T1 at M2M will have 36 floors, two penthouse levels.

Last year Aoyuan celebrated the launch of The M2M Community with a neighbourhood Block Party, inviting local residents to partake in a day full of health and wellness activities.
Last year Aoyuan celebrated the launch of The M2M Community with a neighbourhood Block Party, inviting local residents to partake in a day full of health and wellness activities.

The M2M Community is designed with Aoyuan’s healthy lifestyle intelligence baked into the master plan. Purchasers will benefit from a variety of fitness and wellness amenities as well as thoughtfully-designed greenspaces. Third floor condo amenities include a theatre, children’s play area and a double height yoga and fitness studio facing an internal courtyard. The ninth floor features a barbecue, party room, and waterfall infinity pool with prime western exposure. The ninth floor features a barbecue, party room, waterfall infinity pool with prime western exposure and a co-working lounge with large format printer and scanner.

“Aoyuan’s approach to creating healthy communities was central to the design, strongly influencing our use of natural materials and form and ensuring maximum access to natural light throughout the building,” says Kelly Cray, principal of U31 Design.

Inside the suites, kitchens are designed for high utility and include fully integrated appliances with upgraded Kohler plumbing fixtures as the standard offering. Carefully thought-out layouts maximize efficiency, with storage needs provided by walk-in closets in select units. Multiple finish options suit diverse personalities and tastes.

Showcasing distinctive architecture by Toronto’s Wallman Architects, a series of geometric glass forms frame the site with playful textures to differentiate different faces of the building. “We are very excited about the way the building is addressing the new park to the east,” said Rudy Wallman. “Functionality and views from the suites were another key focus of the design. Balconies face the park while light-filled living spaces take advantage of views of an internal courtyard.”

Suites in T1 at M2M range from 427 to 1,400 sq. ft. Visit the newly completed presentation centre including model suite, located at 5851 Yonge St. The presentation centre is open from 11 a.m. to 6 p.m. Monday to Thursday, and from noon to 6 p.m. weekends; closed Fridays. To register call or visit the website.

416.901.2720

m2mcondos.com


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