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Tridel presentation centre opens at Royal Bayview with private bookings and virtual appointments

Tridel presentation centre opens at Royal Bayview with private bookings and virtual appointments

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Tridel presentation centre opens at Royal Bayview with private bookings and virtual appointments

Located off Bayview Avenue along Royal Orchard Boulevard – an esteemed Thornhill neighbourhood – you’ll find the elegant residences of Royal Bayview. Overlooking the private Ladies’ Golf Club of Toronto*, Royal Bayview offers a serene reprieve from the hustle and bustle of city living, while remaining conveniently connected to vibrant urban amenities and outstanding recreational experiences. With grounds best described as a green oasis, the property connects sophisticated residences to expertly designed and maintained golf courses, providing breathtaking views from every angle.

“Demand for residences north of the 401 continues to grow, and we’re extremely excited to be welcoming purchasers back to Royal Bayview with private appointments and virtual showings,” says Samson Fung, vice-president of marketing, Tridel. “Between the lush grounds of the Ladies Golf Club of Toronto, the stunning views and private outdoor space included with every residence, and the connectivity to extensive amenities, Royal Bayview is an incredible luxury boutique condominium that residents will be thrilled to call home.”

Royal Bayview features a lavish two-tower condominium with 167 suites designed by Kirkor Architects and the award-winning interior design firm II By IV Design. To maximize the serene scenery of the immersive natural landscapes, suites feature private outdoor spaces, offering countless opportunities to bask in the beautiful views. The grand lobby juxtaposes bold with soft and sumptuous details, incorporating a curvaceous layout for a timelessly elegant feeling. Residents will be able to relax and recharge through a series of amenities aimed at holistic wellness. Amenities include a refreshing indoor pool and whirlpool with abundant natural light, an outdoor area with a barbecue for al fresco dining and entertaining, and a fitness and yoga studio designed to support mindfulness through neutral colours and natural wood surfaces.

Home-sized suites are offered with interiors that align seamlessly with the peaceful, luxurious vibes of II By IV’s common design elements. Residents will revel in the spa-inspired bathrooms, with frameless glass showers and quartz countertops, the expansive windows and the harmonious feelings of openness and flow with layouts carefully selected to maximize space. From high-end appliances to contemporary lighting, no detail was spared to create an exquisite design and retreat-like atmosphere in each suite.

Stepping outside of the luxurious suites and onto the scenic grounds, residents will benefit from easy access to the outdoors, providing numerous opportunities to maintain an active lifestyle and enjoy leisure time. Surrounded by lush parklands, Royal Bayview is also connected to an extensive trail system which features some of nature’s finest such as forests, meadows, wetlands and local wildlife. Nine nearby parks provide the ideal setting to create personal peaceful moments, spend time with loved ones, bond with furry friends, or enjoy recreation activities such as tennis and other sports. Luxury condominium residences starting from $1.2 million.

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* Royal Bayview, the condominium development, is not affiliated with Ladies’ Golf Club of Toronto. Prices and specifications subject to change without notice. E &O.E

For more information about Royal Bayview, visit the Tridel website to book your private appointment.


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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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Outlook 2020 – Samson Fung, Vice-President Marketing, Tridel

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Outlook 2020 – Samson Fung, Vice-President Marketing, Tridel

Part of our series of Outlook 2020 Q&As with building industry executives

Condo Life: What is the outlook for the new home industry in 2020?

Fung: Last year saw the return to a more stable market, after the huge period of growth in 2017 and the year of uncertainty in 2018. The new home industry introduced a number of prominent new communities, many of which achieved a favourable reception. With interest rates still at historic lows and an ever-growing population, the GTA continues to be a prime destination for all. We would expect this trend to continue into 2020, with pent-up demand driving more developers to introduce new developments and communities into the marketplace.

Samson Fung
Samson Fung, Vice-President Marketing, Tridel

CL: And for Tridel?

Fung: We are very excited to introduce a number of new projects in the early half of 2020. These communities will be located throughout the GTA, including Toronto and Markham, with a focus on designing for the end-user. With prime locations and a variety of amenities, these new condominiums will suit the lifestyles of urban professionals, families and downsizers, as well.

In addition, we will be delivering keys to approximately 1,600 homeowners at our SQ2 community downtown Toronto, at Islington Terrace and Bloorvista in Etobicoke, at Selene and Avani2 at Metrogate in Scarborough, and finally in North York, to homeowners at Parfait, the final phase of our Atria community.

We will also be opening the doors to our Innovation Suite at Ten York. This tech-focused suite was designed to transform the way people live; showcasing technologies that were created to make life easier, more comfortable, and quite simply, better at home. The suite will also serve as a learning hub for the industry to learn about what’s new in housing technology.

CL: What is your company doing to address the issues facing the homebuilding industry – namely, affordability and new home supply?

Fung: Tridel is actively working with city planners to find solutions to the issues facing our industry. In the shorter term, the several launches we are planning for 2020 will comprise approximately 850 suites; therefore, increasing the overall supply for new homes available within the GTA. We are also partners with the Toronto Community Housing Corp. (TCHC), and we are working together to revitalize the Alexandra Park and Leslie Nymark communities. The TCHC townhomes at Leslie Nymark are well under construction; and at Alexandra Park we will be delivering occupancy to the townhomes early into the new year. In addition, we will be launching our third phase to this community, which will include a market condo tower with 174 suites, and include an affordable homes tower.

CL: What more could the industry do to address these issues?

Fung: The development industry needs to address them directly, and with a united voice. While BILD and other organizations can help to bring these matters to the attention of the City and other legislative bodies within the GTA, the developers and builders of the industry all need to come together, identify the issues and agree to tackle them together so that we can support and implement the changes needed to make improvements.

CL: What should prospective new-home buyers know about your company for 2020?

Fung: It’s going to be a busy year! We will be launching four or five new projects within the GTA – specifically in Toronto, Markham and Etobicoke. We will be starting construction on four projects, including the condominium portion of The Well Signature Series at Wellington and Spadina, and on our Aqualuna project in the Bayside Toronto community. In Etobicoke, we’ll be starting construction on Evermore at our West Village community, and finally, on Chateau, the third phase of the Auberge on the Park community in North York. Final closings will be taking place at Avani2, Bloorvista, Islington Terrace, Parfait and Selene.

CL: Why should prospective new-home buyers consider buying from your company in 2020?

Fung: Our “Built for Life” motto reflects our commitment to quality in all that we build and do, from the homes we deliver to the lifelong relationships we build with our homebuyers. We have been building homes for more than eight decades, and we take our leadership role and responsibility seriously. Our reputation as one of Canada’s leading highrise developers is rooted in our dedication to customer service, innovation, environmentally sustainable designs, construction excellence, and most importantly, quality. All of this earned us the distinction as the 2019 Builder of the Year awarded by the Ontario Home Builders’ Association.

Our relationships with strong, highly-skilled trades have helped us deliver more than 85,000 homes in the GTA. Our trades share our commitment to quality, and we work together to deliver spectacular products to our homeowners at closing, with all of our suites undergoing rigorous quality assurance checks before residents receive their keys.

The communities we introduce in 2020 will be well-suited for an array of homebuyers, in a range of locations from serene greenery to the trendiest urban areas.

Special Report: Outlook 2020

Outlook 2020 – 5 things you need to know about real estate this year

Outlook 2020 – Angela Marotta, Director of Sales & Marketing, Solmar Development Corp.

Outlook 2020 – Jared Menkes, Executive Vice-President, Menkes High Rise

Outlook 2020 – Anson Kwok, Vice-President Sales & Marketing, Pinnacle International

Outlook 2020 – Samson Fung, Vice-President Marketing, Tridel

Outlook 2020 – Nick Carnicelli, President, Carriage Gate Homes

Outlook 2020 – Fan Yang, Deputy General Manager, Aoyuan

Outlook 2020 – Jordan DeBrincat, Director of Operations, Altree Developments

 

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