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Ontario housing markets to lead Canada heading into 2021

Ontario housing markets to lead Canada heading into 2021

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Ontario housing markets to lead Canada heading into 2021

Housing markets across Canada are expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels – with price growth in Ontario leading the way, according to a new report from ReMax Canada.

The ReMax Fall Market Outlook Report forecasts the average sale price in Canada could increase by 4.6 per cent during the remainder of the year, compared to the 3.7 per cent increase that was predicted in late 2019.

The pandemic has prompted many Canadians to reassess their living situations. According to a survey conducted by Leger on behalf of ReMax, 32 per cent of Canadians no longer want to live in large urban centres, and instead would opt for rural or suburban communities. This trend is stronger among Canadians under the age of 55.

Pent-up demand

“The classically hot spring market that was pushed to the summer months due to the COVID-19 pandemic created a surprisingly strong market across Canada and across all market segments,” says Christopher Alexander, executive vice-president and regional director, ReMax of Ontario-Atlantic Canada. “Looking ahead, government financial aid programs may be coming to an end in September, which could potentially impact future activity. However, the pent-up demand and low inventory dynamic may keep prices steady and bolster activity for the remainder of 2020. Overall, we are very confident in the long-term durability of the market.”

Not only are Canadians more motivated to leave cities, but changes in work and life dynamics have also shifted their needs and wants for their homes. According to the survey, 44 per cent of Canadians would like a home with more space for personal amenities, such as a pool, balcony or a large yard.

Ontario housing market

With Ontario one of the provinces hit hardest by the pandemic, markets such as Niagara, Mississauga and Kitchener-Waterloo experienced significant drops in activity, but bounced back aggressively in June as economies began to reopen. Toronto continues to be a sellers’ market, with low listing inventory and high demand. An uptick in new listings is anticipated for fall, now that buyers and sellers are more comfortable engaging in the housing market. ReMax estimates a five-per-cent increase in average residential sale price in Toronto for the remainder of the year, with the potential for modest price increases of up to six per cent in regions such as Hamilton, Brampton and London.

Luxury market thriving

Canada’s overall luxury market has remained strong throughout the pandemic, with market conditions unchanged from the beginning of the year in most regions.

The luxury segment in Toronto is considered balanced, with Vancouver pushing into a sellers’ market. Vancouver is beginning to see more interest from move-up buyers instead of the foreign buyers who drove demand in Vancouver’s luxury market prior to COVID-19. This was likely due to travel restrictions brought on by the pandemic. In Toronto, activity was slower than usual this spring as buyers did not have any urgency to transact during the pandemic.

Luxury housing in secondary markets such as Hamilton is seeing a slight uptick in activity, with high-end buyers seeking more square footage and larger properties outside of city centres. Hamilton has experienced an increase in buyer interest from residents from Brampton and Mississauga looking to relocate to the region.


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Local Focus: Mississauga

Mississauga stands out from the crowd

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Mississauga stands out from the crowd

Mississauga has always been a city of noteworthy accomplishments, from its inception as a city in 1974 combining the former townships of Lakeview, Cooksville, Lorne Park, Clarkson, Erindale, Sheridan, Dixie, Meadowvale Village, Malton, Port Credit and Streetsville; to being home to Canada’s longest-serving mayor, Hazel McCallion, from 1978 to 2014.

You might expect such a track record of ambition from one of the most populous – and fastest-growing – municipalities in Canada.

Covering a huge swath of land – 288 square kms, 13 km of which front Lake Ontario – Mississauga comprises many distinct neighbourhoods and communities. The former town of Port Credit, for example, once a sleepy little industrial locale, home to the iconic – and smelly – St. Lawrence Starch Co. plant from 1890 to 1990, today is a much sought-after residential area, thanks to its prized waterfront location.

Local histories

Many of these areas host annual festivals that pay respect to local histories. Streetsville, for example, holds its annual Bread and Honey Festival, paying homage to the area’s roots as a mill town. And Port Credit’s Mississauga Waterfront Festival and the Southside Shuffle blues and jazz festival display everything that the community has to offer.

With McCallion running the show over 12 consecutive terms, until she stepped aside and Bonnie Crombie won the election in 2014, Mississauga was known as a city of growth. McCallion consistently boasted she oversaw among the lowest taxes in Canada and made it easy for companies to do business there. Today, the area is home to more than 60 Fortune 500 companies, including Laura Secord Chocolates, Honeywell Aerospace, Walmart Canada and Kellogg’s Canada.

Getting around Mississauga is, well, you are travelling over a vast area, and traffic these days… But Hwys. 401, 403, 410 and the QEW all run for stretches through the city, and there’s no shortage of GO Transit and Mississauga MiWay Transit options.

Waterfront recreation

For sports and recreation, again Mississauga is blessed with numerous recreational winter and summer sports leagues with decades of local history. Using the Streetsville example again, the Vic Johnston Community Centre dates back to 1961, and sits adjacent to Memorial Park and the Credit River.

And, following the Credit River down to Port Credit, Memorial Arena is another beautiful old barn, sitting adjacent to Memorial Park and facing Lake Ontario. The park itself serves as host location for some of the area’s largest festivals.

Then there’s the Paramount Fine Foods Centre (formerly Hershey Centre), where the Ontario Hockey League’s Mississauga Steelheads play, and which also is home to a number of community rinks.

Location, location, location

More than 288 square kms, 13 kms fronting Lake Ontario; bounded by Oakville, Milton, Brampton, Toronto and Lake Ontario.

Key landmarks

  • Living Arts Centre
  • Mississauga Celebration Square
  • Paramount Fine Foods Centre
  • Sheridan College Business School
  • Square One Shopping Centre
  • University of Toronto Mississauga

Select housing developments

20/Twenty Towns by Consulate Development Group

Eleven 11 Clarkson by Saxon Developments

4Hundred East Mall by Haven Developments

Jewels of the Meadows by Ideal Developments

Lakeview Village by Lakeview Community Partners

Port Credit West Village by Port Credit West Village Partners


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Parkland lifestyle residences is luxury living reinvented

Parkland lifestyle residences is luxury living reinvented

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Parkland lifestyle residences is luxury living reinvented

Modern, refined accommodations, great people and service excellence are the foundation of Parkland’s success. A Canadian family-owned and operated business, Parkland has been providing accommodations and specialized services for active adults for more than 30 years. With experience in the sector, an in-house construction and design team and a commitment to quality, everything at Parkland is designed to exceed expectations. With a location in Mississauga, a new community opening in Etobicoke in late September 2020, and expansion plans in Ajax and Ancaster, Parkland is making its mark in Ontario, and reinventing what it means to live luxuriously.

Parkland's famous seafood chowder, a testament to their Maritime roots.
Parkland’s famous seafood chowder, a testament to their Maritime roots.

Karen Dixon, Parkland’s interior designer, carefully selects all building elements. Her design approach is to create environments inspired by nature, with plenty of natural light, and colours and textiles that represent vitality and a sense of calm. With every new building, Parkland takes learnings from the last ensuring that each new residence is optimized to help residents live their best life.

A commitment to placing residents first means that your needs are met and exceeded by team members who are committed to learning about you and your interests. Parkland also features a unique Harmony wellness program that takes a holistic, personalized approach to wellness. Onsite wellness coaches take time to understand each resident’s goals and passions, creating customized plans. With a long list of amenity spaces such as a movie theatre, swimming pool, fitness and yoga studio, onsite spa and multiple dining venues, you are sure to find plenty to do, and meet other like-minded individuals to share your time with.

Beautiful, modern suites in a variety of layouts.
Beautiful, modern suites in a variety of layouts.

Parkland’s dining experience is paramount to the organization’s success. Chief Culinary Officer, Dana Schiefer, says the key is offering choice. “We offer multiple dining venues, with all-day dining and menu options that change regularly. All menus are seasonally inspired, with input from the residents on the options they would like incorporated.” Menu items can also be customized to meet residents’ dietary requirements, and the executive chef may even make a dish not on the menu if requested by a resident.

Fitness centre with scheduled classes and recreation activities.
Fitness centre with scheduled classes and recreation activities.

Being a family-owned business means that residents and team members are treated like family, and the safety of those living and working at Parkland is something the organization takes very seriously. Parkland has its own in-house infection prevention and control specialist, along with an occupational and clinical health team, who ensure that Parkland has the most relevant and up-to-date information to protect each community. Parkland’s organizational procurement lead ensures all front-line teams have the resources and PPE necessary to meet the needs of residents each day.

Parkland on the Glen in Mississauga is now undergoing renovations and has updated suites available. Parkland on Eglinton West will open in late September, offering a continuum of lifestyle options to suit a variety of needs.

To learn more about Parkland and upcoming developments in Ontario visit the website.


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Solmar introduces the new Podium Collection at ORO

Solmar introduces the new Podium Collection at ORO

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Solmar introduces the new Podium Collection at ORO

Just when you thought you’d missed your chance, ORO in Mississauga’s City Centre is back with a new opportunity!

Hot on the heels of the extraordinary success of sales at Edge Towers, Solmar Developments is announcing a brand new release of suites within ORO, the crowning achievement of the Edge Towers community. This surprising new release is a thrilling last chance to live in the height of luxury in Mississauga’s City Centre, the premier location for condo living.

Saving the best for last, this stunning Podium Collection offers an attractive selection of suite sizes and layouts to give buyers versatility in their purchase without missing out on this golden opportunity. This is the first opportunity to purchase a one-bedroom suite at ORO, with additional options of one-bedroom plus den, two-bedroom, or two-bedroom plus den, all featuring the premium features and amenities that Edge Towers is known for.

In addition to private oversized balconies and terraces, this Podium Collection has an advantage rarely seen in condominiums. Some of these exclusive suites include a parking spot located on the same level for the ultimate convenience. No more waiting for elevators, no more climbing stairs after a long day; only the most exclusive luxury condominium experience.

This opportunity is a limited release in Mississauga’s landmark community. ORO is the third and final tower of the highly acclaimed Edge Towers, and construction of Tower 1 and 2 is well underway. Sleek modern architecture meets the timeless elegance of ORO’s distinguished interiors, creating the gold standard of luxury living. An elevated lifestyle begins with this 50-storey monument to the Mississauga skyline.

Life at ORO is infused with luxury, embodying the perfection of this exclusive community with a magnificent grand lobby and Galleria featuring marble flooring and Venetian columns, inspired by renowned international hotels. ORO stands as a 50-storey tribute to luxury living, featuring two outdoor terraces for both active and relaxing lifestyles, barbecue areas for al fresco dining, a premium fitness centre, party room, and a full range of lifestyle amenities. A 24-hour premium concierge service meets your every convenience, and every amenity you deserve or desire is right here waiting for you.

But luxury isn’t limited to just your home. This master-planned community is the only new condominium development located steps from the Mississauga City Centre, right on the new Hurontario LRT line to connect homeowners directly to Toronto. Shopping, dining, and entertainment are all within reach at Square One Shopping Centre and beyond, and the Port Credit waterfront is only minutes away to bring you to the beauty of Lake Ontario. Mississauga’s dynamic City Centre brings natural greenspace to the urban core in the perfect blend, creating an unmatched neighbourhood.

Solmar Developments has crafted this community to perfection by using its 30 years of experience to create the pinnacle of luxury living. Known for workmanship and European-inspired design, Solmar’s excellence is second to none. In these unprecedented times, buying with confidence is more important than ever. Solmar Developments is a leading developer in the GTA, building communities that you can trust. The company’s dedication to the health and safety of its staff and clients has led to the implementation of digital buying and selling processes, displaying a commitment to its communities. Available for private appointments and virtual purchasing, a home at ORO has never been more attainable.

Register now to be first to preview the new Podium Collection at ORO. For further information visit the website.


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In Conversation With Brian Sutherland, Director of Development, Argo Development Corp.

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In Conversation With Brian Sutherland, Director of Development, Argo Development Corp.

There’s something big happening in Mississauga, specifically in the Lakeview area of Port Credit.

Perhaps you’re familiar with Lakeview, the former location of the Lakeview Generation Station, demolished in 2007. Or maybe you’ve been following the development plans for this prized, expansive lakefront location.

More likely, if you’ve driven by the area recently, is that you’ve noticed some new activity on the site – notably a striking, 1,600-ft. hoarding featuring the works of local artists. It’s an immediately noticeable sign that things are on the move for this development, and that soon, Lakeview Village, eventually comprising 8,000 new homes and 20,000 residents, will come to life.

Brian Sutherland, director of development for Argo Development Corp., the lead developer for Lakeview Village, discusses the plans for the transformation of Mississauga’s waterfront into Canada’s most innovative and sustainable mixed-use community.

And we have to say, impressive doesn’t do it justice.

The recent unveiling of the art installation is a significant step for Lakeview Village – a symbol of what’s to come and a signal to area residents that things are on the move. Why was it so important to make such a noticeable statement, and involving local artists?

Creating a hub for arts and culture is deeply embedded in the vision of Lakeview Village. Through this artist collaboration, we created in partnership with Artscape Atelier, and launched a platform for artists during the construction process while laying the groundwork for the future community. Our team is very passionate about the concept of placemaking, and these bold, beautiful artistic works make the site a vibrant and enjoyable place for locals and visitors. And although our original plan did not anticipate a global pandemic, we felt even more dedicated to this project and the employment opportunities it presented for artists to earn income during this particularly difficult period.

The murals also significantly enhance our sunflower program: One million sunflowers have been planted next to the art installations and are set to bloom alongside the works in late August. This is the second year in a row for the sunflower program, and we’re excited to welcome people back to experience their impressive beauty.

What will be the next noticeable sign of activity? Your project timeline shows the Discover Centre opening in late 2020…

The Lakeview Village Discovery Centre will a be a modern, welcoming space where we will showcase the vision for the project and its exciting regional impact, as well as the work of our neighbours and partners, including the adjacent Jim Tovey Lakeview Conservation Area. We also envision the Centre being a safe gathering place for the community that we can offer for activities and events throughout the construction phase. This exciting space will also serve as our future sales centre.

Implications of the pandemic have delayed our original plans to open the Discovery Centre by the end of this year. We’re now aiming to open its doors in the spring of next year.

The timeline also shows breaking ground in Q1 2021 for phase one… Is that still on track, and what will be included in phase one?

We still anticipate earthworks occurring in 2021. Our goal for the first phase is to start with excavations, followed by beginning to install key servicing infrastructure. These foundations will be key components to bringing the community to life.

What are the timelines for the other phases?

The project will be developed in multiple phases and our focus right now is on Phase 1. By 2025, we anticipate first occupancies occurring in our first phase blocks, which will be in sync with the completion and opening of the project’s many parks and the adjacent Jim Tovey Lakeview Conservation Area. We are currently evaluating and advancing plans and timelines for future phases. We hope that businesses are drawn to Lakeview in the near future and we (in partnership with the City of Mississauga Economic Development Office) can start construction within the Lakeview Innovation District and establish this district in the early phase of development as well.

What is the breakdown of housing types, highrise versus mid- and lowrise, and the approximate timelines?

The 177-acre project will combine diverse high-quality housing options for all lifestyles and life stages. The council-endorsed master plan allocates approximately 60 per cent of residential builds to be midrise, 10 per cent townhouses and 30 per cent highrise, creating around 8,000 residential units.

As a true mixed-use community, residential areas will be integrated alongside retail, commercial and recreational areas. This will include almost two million sq. ft. of office and institutional space, plus thousands of sq. ft. in retail, hotel and educational spaces.

As for the timeline, we’re working with the City of Mississauga through our development approval process right now with hopes of securing planning approvals by the end of 2020, allowing us to begin detailed engineering design, earthworks and servicing in 2021. This will be a multiphased project with a buildout over 10 years or more.

When can prospective buyers expect to be able to actually purchase at Lakeview Village?

We are hopeful that the first phase of unit sales will go forward in fall 2021.

Lakeview Village’s homebuilding partners include Branthaven Homes and Greenpark Group. What other builders might be involved?

Lakeview Village’s development is led by Lakeview Community Partners Limited (LCPL), which is an unprecedented collaboration between five community builders, including TACC Construction Ltd, Greenpark Group, CCI Development Group, Branthaven Homes and Argo Development Corp. Each developer plays an important role in the project. I find it incredibly rewarding to work with true innovators and leaders in the industry on something as unique and exciting as Lakeview Village. We are seeking to create Canada’s most transformative mixed-use waterfront community, bringing new life to Mississauga and connecting residents to this portion of Lake Ontario for the first time in decades.

The list of amenities for this new community looks very impressive. What are the top highlights, in your view?

What we’re creating at Lakeview Village will rival the world’s most acclaimed waterfront developments. One thing that really jumps out at people when they visit the site or look at the plan is the pier. We have one of the longest piers on Lake Ontario in our development. It was created to bring coal to the power plant, but we’re going to reimagine it as a place for the community to gather and to draw tourism and events. It will be fully open to the public, and it’s something no other community can match.

We’re planning on delivering more than 67 acres of land back to the city through the waterfront park, the pier, cultural lands and space for employers across sectors. This is in addition to several new parks, more than three kilometres of waterfront trails, and connections to bordering parks in the surrounding regions. After years of being cut off from Lake Ontario, we want residents and visitors to be able to reconnect with the water and create an unparalleled urban waterfront experience.

Our commitment to reviving the natural landscape also includes the collaboration with Credit Valley Conservation (CVC). This includes restoring Serson Creek – an extensive project that will realign and restore the creek back to its original and natural location as part of the conservation area, revitalizing habitat for wildlife and nature in the region. We are also supporting CVC, which is building the Jim Tovey Lakeview Conservation Area, a 64-acre coastal conservation area that attract both wildlife and fish species back into the rebuilt habitat. Another exciting and vital component of the project is the Lakeview Innovation District, which will be a new business corridor with a variety of employment, institutional and educational uses. The District presents the opportunity to bring 9,000 jobs and attract innovative companies to the region, creating a true mixed-use community with significant economic impact. The city of Mississauga has so much potential and we strongly believe this hub will attract top talent, new employers and innovation to the city’s already established business sector.

How will Lakeview Village pay homage to the Lakeview Generation Station, the decommissioned coal-fired power plant whose former site the community will be built on? The plant, with its smokestacks known locally as the “Four Sisters,” had been a part of the local history since the early 1960s…

This site has a rich and interesting history – something we very much respect and keep top of mind as we plan for the future of this community. The former power plant delivered electricity to the region, which helped facilitate the considerable growth of Mississauga and the Region of Peel over the past 60 years. But it also produced heavy pollution in the form of smog days and contributed to the disconnect between the community of Lakeview and their access to Lake Ontario. We’ve been given this once-in-a-lifetime opportunity to transform this former polluting utilitarian site and make it a vibrant, sustainable place to live by the lake.

One of the most exciting outcomes of the plant’s demolition is that we were able to donate more than 200,000 tonnes of concrete from the former foundations of the power plant to the Jim Tovey Lakeview Conservation Area being built next to our project. The former foundations of a polluting coal burning powerplant will forever be the foundation to a new coastal conservation area. This creates an incredible start to the revitalization of the waterfront in southeast Mississauga.

What would you like to say to potential buyers, who may be watching all this unfold, perhaps have lived in the area, and are looking to see what buying opportunities there might be coming at Lakeview Village?

To either future buyers, locals or people who have been following Lakeview’s story, I would say get excited and get vocal! Our team is incredibly enthusiastic and dedicated to the vision for Lakeview Village – an urban experience that will transform Mississauga’s waterfront into Canada’s most innovative and sustainable mixed-use community. It will be waterfront revitalization done right, and be a place to live, work, play, learn and enjoy.

We always encourage people who are interested in the project to use their voice, whether that’s to share their visit to the murals on social or connecting with local government representatives to share their thoughts and support for the future of this community.

mylakeviewvillage.com

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Lakeview Village springs to life with hoarding showcasing local artists

Lakeview Village springs to life with hoarding showcasing local artists

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Lakeview Village springs to life with hoarding showcasing local artists

Lakeview Community Partners Ltd., the consortium behind the massive development Lakeview Village in Mississauga, has erected an extensive hoarding around the site featuring the art of 19 selected GTA artists.

Lakeview Community Partners and Artscape Atelier enlisted the local artists for more than $100,000 in paid work opportunities at Lakeview Village, the transformative 177-acre mixed-use community coming to Mississauga’s waterfront. The completed pieces comprise more than 1,600 linear feet of artistic works situated near a massive field of sunflowers set to bloom at the project site this summer.

Mississauga Mayor Bonnie Crombie, centre, with the Lakeview Community Partners Ltd. team, at the site of Lakeview Village.
Mississauga Mayor Bonnie Crombie, centre, with the Lakeview Community Partners Ltd. team, at the site of Lakeview Village.

“We are excited to collaborate with Artscape and local artists to create a beautiful and immersive way for community members and visitors to enjoy the Lakeview Village site during the construction process and beyond,” says Brian Sutherland, drirector of development, Argo Development Corp., and development lead for Lakeview Village. “We are passionate about placemaking and look forward to welcoming the community back to experience the magic of a horizon of sunflowers at our site again this summer, this time with the stunning integration of original art honouring the waterfront.”

For more on the project, which ultimately will deliver 8,000 new housing units, read the In Conversation With … Brian Sutherland, Director of Development, Argo Development Corp. article.

“We were impressed with the caliber of submissions by each of these artists,” says Assaf Weisz, chief strategy officer, Artscape. “Now more than ever, artists have an important role to play in bringing our shared spaces to life. Together, these pieces will anchor the site in its historical roots, convey messages of healing for our present condition, and introduce a hopeful image of the future. We look forward to seeing their work at the Lakeview Village site throughout the summer months.”

Each of the artworks are installed on the redevelopment site of Lakeview Village, a sustainable mixed-use community and four-season waterfront destination on the former site of the Lakeview Generation Station. Arts and culture will be a central component of the future development, which will combine diverse housing options, with office space, retail and restaurants, trails, parks and greenspace, and cultural and recreational amenities – all connected to transit and the nearby 64-acre Jim Tovey Lakeview Conservation Area.

mylakeviewvillage.com


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Emblem Developments aims to make its mark in condo development

Emblem Developments aims to make its mark in condo development

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Emblem Developments aims to make its mark in condo development

Walking into Emblem Developments, the first thing that strikes me is the intersecting glass walls of the company’s 42nd floor Bay St. offices, which overlook the most expensive office space in Canada. I think to myself, this is no average builder. A writer in real estate for more than 20 years, I am more than intrigued, and want to learn more.

Emblem Developments aims to make its mark in condo development
Artform co-working lounge

I’m greeted by a background out of the TV show, Billions, a calm white environment, reminiscent of an art gallery, combined with the high energy of a stock trading floor. Incredible original art adorns the walls, set against a myriad of people focused on their computer screens. I can’t help but wonder, who is Emblem Developments and why have I never heard of them?

 

Emblem Developments
Artform condos south of Square One in Mississauga, by Emblem Developments 

As I sit in a comfortable boardroom overlooking the financial district of Canada, in comes the impeccably dressed Kash Pashootan, CEO and brand maven of Emblem Developments. He greets me warmly with a strong handshake and a genuine welcome. At first, I’m taken aback, maybe a little intimidated by his calm demeanour, and direct, let’s-get-to-it attitude.

Kash Pashootan, CEO and brand maven
Kash Pashootan, CEO, Emblem Developments

Pashootan is the visionary and leader of Canada’s fastest growing entrant to the condominium development market. A space for those with a keen sense of what people want and need in an ever-changing landscape. I ask him why condominium developments? He warmly smiles, and with a tone of incredible confidence replies, “We recognized that this industry would be a growth market in Canada for many years to come. As the cost of living rises, the demand for living ‘up’ will become more pronounced. This landscape, combined with $1 billion-plus of capital our investment management arm, First Avenue, manages, means we are able to take advantage of this for the benefit of our clients and firm.

“Investors want and need to be able to pursue growth in their portfolio outside of simply the stock market,” Pashootan adds. “In 2018, the stock market was down double digits and our real estate investments were up double digits. March of 2020 we saw most stocks drop as much as 30 per cent, but our real estate holdings held steady. And that makes a blue-chip investor, like myself and my clients, sleep very well at night.”

First Avenue has been featured in Wall Street Journal, Bloomberg, Globe and Mail, Maclean’s, Hong Times and Washington Post, to name a few. The company has built its reputation on its long term portfolio performance during good and bad markets.

“Managing stocks will always be a core focus for us, but first and foremost is protecting and growing the wealth of our clients,” says Pashootan. “When one’s portfolio is able to pursue growth and not have it solely reliant on stocks, given our exposure to real estate, it achieves an effective portfolio approach that up until recently only billionaire families were able to access.”

Emblem Developments has sites ongoing across Ontario, with more than 1,600 condominium units currently under construction, pre-sale and planning, in four distinct markets – Toronto, Ottawa, Hamilton and Mississauga.

“The expansion is at a rapid pace because, like most pension funds or REITs, we don’t require third party financing to acquire a new development site,” says Pashootan. “With more than $1 billion of permanent capital under our management we are able to move faster than our competitors. Which places us in a very enviable position.”

Emblem Developments has already started construction on Robinson Village in Ottawa, comprising 291 units of purpose built rental living. Style and design are the pillars the Emblem brand is built on.

“Regardless of the market we are building in, you will feel the soul behind our brand when you see the buildings or walk through them. Our brand comes through in our design and our finished product,” says Shamil Jiwani, associate director of real estate for Emblem Developments. “We are obsessed with exceptional design, recognizing that it is the main factor that determines quality of life for a homeowner.”

Shamil Jiwani, director of real estate
Shamil Jiwani, associate director of real estate, Emblem Developments

Emblem’s next project in Mississauga is no exception to this unique philosophy. The new project is aptly named Artform, and located south of Square One. Emblem has spared no expense in its creative design of a timeless, cool and luxury feel in the heart of Mississauga.

The icing on this project is that the new community will be set against the new Dundas Connects transit system, which links Dundas from Oakville to Toronto in one line.

“This is a unique and incredible opportunity for condominium buyers to get in on the ground floor of this change that is happening in Mississauga,” says Hunter Milborne of Milborne Group.

“Emblem Developments is a full-service condominium developer,” adds Raki Raoufi, vice-president of construction, Emblem Developments. “We will design, build and service all of our units, which makes us care a little more, give a little more and hope you come back for a lot more.”

Raki Raoufi, vice-president of construction
Raki Raoufi, vice-president of construction, Emblem Developments

Raoufi brings with her more than 20 years of highrise building expertise to the Emblem brand.

“The Mark of Exceptional Design” is the Emblem mantra, and it seems to be spot-on. It becomes evident very quickly that no corners are being cut with any facet of the company’s business, most noticeably the quality and commitment of the experienced professionals I spoke to.

“I love design,” says Pashootan. “There is no substitute for great design. I am passionate about Emblem creating spaces that give you that intangible feeling of you don’t know why, but ‘it feels right.’ That feeling is not achieved by what kind of floors you have or the colour of cabinets. It is achieved by how all parts of the design interact, behave and work together. Exceptional design is not just our slogan, it’s our belief as an organization.”

I leave this interview with the conclusion that: Stocks and real estate can mix well together, not all Bay Street professionals are only number crunchers, and most interestingly, that Kash is a killer but more humble than most with a fraction of his success.

With more than $1.1 billion in real estate assets, Emblem’s mindset, and the strength of an award-winning team, the developer is truly making a mark in this industry.

Cooksville - BEFORE
Artform in Cooksville, today
Cooksville - AFTER
Artform in Cooksville, tomorrow

Click here to view video.

emblemdevcorp.com

This story previously appeared in Toronto Life magazine. 


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An update on Dunpar Homes' communities throughout the GTA

An update on Dunpar Homes’ communities throughout the GTA

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An update on Dunpar Homes’ communities throughout the GTA

In these challenging times, Dunpar Homes remains fully committed to serving its customers safely and responsibly. Construction is continuing and is nearing completion at Dunpar’s Lake Shore Village in south Etobicoke, where homeowners have started moving in. Dunpar is also continuing to sell luxury townhouses at its Streetsville Centre community virtually, using digital technology.

At Lake Shore Village Collection, landscaping is underway and Dunpar is putting the finishing touches on this exclusive community of 73 beautiful, yet affordable, townhomes surrounded by mature trees and stately older homes.

Just a few homes remain available for sale for those aspiring to live in this gem of a neighbourhood close to shopping at Sherway Gardens Mall, schools, parks and greenspace. South Etobicoke is within the city of Toronto, consisting of Mimico, Port Credit, New Toronto and Long Branch. It is becoming a desirable place to live, thanks to its proximity to Lake Ontario and Humber Bay Park. It’s easy to get anywhere within the city from here or to more distant points, thanks to GO Transit and TTC routes servicing the neighbourhood, and its proximity to the Gardiner Expressway.

Lake Shore Village’s three-storey English Georgian Manor-style towns feature three bedrooms, two-car garages and are available in plans from 1,580 to 1,785 sq. ft. Standard features include engineered hardwood flooring in main living areas and upper hallways and nine-ft., six-in. main-floor ceilings. Dream kitchens are outfitted with custom crafted cabinetry, granite countertops and backsplash, extended height upper cabinets and undermount kitchen sinks. A luxury stainless steel appliance package is included.

The homes are within a stone’s throw of the waterfront with its kilometres of trails, sailing clubs and tranquil beaches. Residents will enjoy running, walking the dog and cycling. Five minutes away, Lakeshore Boulevard is being rejuvenated with new eateries, gourmet shops, medical services and grocery stores. Long-time neighbourhood businesses Tom’s Dairy Freeze and SanRemo Bakery & Cafe are still operating, too. Sherway Gardens and Dixie Outlet Mall are a short drive away.

Streetsville is another wonderful gem of a neighbourhood in Mississauga, dubbed “The Village in the City.” The area is named for Timothy Street, who surveyed the last piece of land along the Credit River ceded to the British government in 1818 and who was granted 1,000 acres where Streetsville exists today.

Dunpar Homes’ Streetsville Centre is a collection of 201 classic luxury townhomes just a two-minute walk from the Streetsville GO station and close to schools and recreation facilities.

Homebuyers don’t have to wait to purchase one of these exquisite two-bedroom plus den or three-bedroom townhouses in this great location, as all elements of the sales process can be completed electronically. Dunpar Homes quickly responded to the current market conditions by providing virtual tours of sites, floorplans, master plans, sales presentations, one-on-one virtual meetings and electronic document filing.

Streetsville Centre’s English Georgian Manor-inspired townhomes are spaciously designed, each with two-car garage, beautiful landscaping and many upgraded standard finishes, such as custom natural Indiana Limestone exterior accents and ledger rock Kingston Hue Stone planter boxes. Interior features include nine-ft., six-in. main-floor ceilings, nine-ft. loft ceilings and open-concept layouts, with appointments such as engineered oak flooring, Berber carpet, granite kitchen countertops and backsplash, luxury stainless steel appliances and undercabinet lighting. Ensuite bathrooms come with custom vanity, marble countertop, soaker tub and frameless glass shower door.

As well as the GO, Streetsville Centre’s residents will be able to walk to shops, services, restaurants and entertainment venues in the vibrant neighbourhood. They’ll also enjoy the convenience of being in a location in the heart of the GTA, close to major transit, highways, airports, and Mississauga and Toronto downtowns.

For more than 35 years, Dunpar Homes has been building thoughtfully designed and architecturally unique homes and communities across the GTA. It has built a reputation as a premier builder specializing in luxury townhomes with elegant design, quality craftsmanship and contemporary features. Now it’s demonstrating its ability to adapt to the evolving industry by offering homebuyers comprehensive virtual tools to help them achieve their ownership goals.

DUNPAR HOMES

For further information on Dunpar’s various new communities, visit the website.


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Dunpar Homes offers an exclusive collection of classic townhomes at Streetsville Centre

Dunpar Homes offers an exclusive collection of classic townhomes at Streetsville Centre

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Dunpar Homes offers an exclusive collection of classic townhomes at Streetsville Centre

Homebuyers at Streetsville Centre, an exclusive collection of classic townhomes by Dunpar Homes, won’t have to wait long to enjoy life in ‘The Village in the City.’

Streetsville is a prestigious pocket in the city of Mississauga with a long, colourful history. It’s named for Timothy Street, who in 1818 was tasked with surveying the last tract of land along the Credit River ceded to the British government. He was granted 1,000 acres and in 1824, the area became known as Streetsville. Modern-day Streetsville residents enjoy the community’s smalltown nostalgic charm while having all the benefits of living in bustling Mississauga, world-renowned for its arts, architecture and diversity.

Owners of Streetsville Centre’s 201 luxury townhouses will have just a two-minute walk to the Streetsville GO Station. From their neighbourhood between Mississauga Rd. and the Credit River, they can also walk to the stores, services, entertainment venues and eateries in Streetsville’s vibrant business district. As well as Mississauga’s largest collection of heritage buildings (including Timothy Street’s 1825 home), Streetsville has more than 300 restaurants, cafes and shops.

“Streetsville is a great community for all families,” says Cynthia Del Peschio, Dunpar’s manager of sales and marketing, citing the proximity to public transit, great shops and restaurants, excellent schools and recreation facilities, including Memorial Park with trails and picnic areas, and the Vic Johnston Community Centre, where people can enjoy activities year-round.

As well as old-time charm, Streetsville Centre residents will appreciate being in Mississauga’s strategic location in the heart of the Greater Toronto and Hamilton areas, served by transit and an extensive network of major highways. Pearson International Airport is minutes away. The city has a skilled, well-educated workforce and is home to world-class post-secondary institutions, including the University of Toronto Mississauga and Sheridan College’s Pilon School of Business.

Whether enjoying the laidback vibe of their own neighbourhood or all the urban excitement that downtown Mississauga or Toronto have to offer, Streetsville Centre residents will relish coming home to the sophisticated, stylish surroundings of their own luxury townhouse.

“We at Dunpar believe in building a quality product. To us, that means making sure the use of space is very functional and is used at its best possible capacity,” says Del Peschio. “We’ve done this at Streetsville and a 1,500-sq.-ft. townhouse feels like a 2,000-sq.-ft. home.”

Streetsville Centre’s three-bedroom townhouses are spaciously designed, each with a two-car garage, beautiful landscaping and many upgraded finishes included as standards. The towns’ architecture is inspired by English Georgian Manors, and uses genuine Custom Natural Indiana Limestone.

Inside, the homes have open-concept layouts with dramatic nine-ft., six-in. main-floor ceilings and nine-ft. loft floor ceilings. Finishes include engineered oak flooring in the main floor living room and second-floor hallway, with Berber carpet in all bedrooms, den and stairs.

Gourmet kitchens boasts quality custom crafted cabinetry with extended height upper cabinets, granite countertops with eight-in. granite backsplash, ceramic tile floors, and under-cabinet lighting. A luxury stainless steel appliance package is included. Luxury ensuite bathrooms include custom vanity, marble countertop, soaker tub and glass shower door.

A few townhomes are still available in this special neighbourhood, priced from the mid $800,000s.

Dunpar has been building for more than three decades, and its specialty is creating luxury townhomes of character and distinction. Its beautiful enclave communities, characterized by timeless design, modern features and outstanding finishes, can be found in Etobicoke, as well as in Oakville, Mississauga and Vaughan. Dunpar has established a reputation for excellence in customer service, and it works with every homebuyer individually to help them bring their dream home to reality.

DUNPAR HOMES

For further information on Streetsville Centre or other Dunpar communities, visit the website.


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20/Twenty Townhomes coming this fall to South Mississauga

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20/Twenty Townhomes coming this fall to South Mississauga

Your first home could be your dream home – and why shouldn’t it be?

Nestled between the lake and uptown Mississauga, 20/Twenty Townhomes is a collection of urban townhomes offering inspired living at an affordable price. Ideal for couples, young families, busy professionals or empty nesters, this spectacular development features spacious open concept interiors, private outdoor patios or rooftop terraces, contemporary exteriors and attractive greenspaces where neighbours can relax in comfort and style. Take your kids to the parkette after dinner or walk your dog through well-maintained community spaces. 20/Twenty offers two- to three-bedroom townhome options starting from just $599,000.

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This exclusive development is situated in the prestigious Camilla Park neighbourhood of South Mississauga, just minutes from beautiful Port Credit. Convenience is everywhere you look, from inside your home to the lifestyle this desirable area provides. Walk to shops and restaurants or take a short drive to Square One, the largest shopping centre in Ontario, with more than 360 stores and services. Close to excellent schools, two nearby GO Train stations and the Mississauga Hospital, 20/Twenty offers easy access to all major highways and is just a 15-minute drive from Pearson International Airport. The planned Hurontario LRT system will be just steps from your door, allowing residents to seamlessly connect with downtown Toronto.

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You can take a walk to the waterfront with ease or explore one of the many nature trails nearby. Cooksville Park, Camilla Park and Hancock Woodlands Park are all within walking distance while Erindale Park and the expansive David Culham Trail are just a short drive away. The charming village of Port Credit offers additional lakeside trails, scenic parks and restaurants, great shopping and endless entertainment options – all just five minutes from home.

Enjoy the benefits of a vibrant city lifestyle in a quiet, modern community by the lake. It’s the perfect place to grow your family or retire in style – a great investment in your future.

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20/Twenty has it all. The team at Consulate Development Group, one of the most trusted names in Mississauga, is proud to present this incredible real estate opportunity to discerning buyers.

Live your best life, no matter what chapter you’re in. Register now for your advanced preview at 2020towns.com.

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