Tag Archives: Toronto

BILD Outlook 2020

Outlook 2020 – what’s in store for GTA housing next year?

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Outlook 2020 – what’s in store for GTA housing next year?

Global and even some Canadian economic and political uncertainty shouldn’t derail growth in the GTA housing market next year, according to experts at the Building Industry and Land Development Association’s (BILD) recent Outlook 2020 event.

Craig Wright, senior vice-president and chief economist at RBC, and Peter Donolo, political and communications strategist with Hill + Knowlton Canada, said that overall, the fundamentals for the economy and housing market in Ontario and the GTA bode well for 2020. There are some challenges, however – namely the ongoing new home supply issue.

With Justin Trudeau’s Liberals re-elected as a minority government, Canada will see a relatively stable left-leaning federal government that will focus on environmental issues, affordability and redistribution rather than on economic growth, Donolo says.

BILD Outlook 2020
Left to right, Dave Wilkes, Peter Donolo and Craig Wright

Globally, geopolitical uncertainty and softening economic growth mean that Canada faces challenges with export and investment, leaving the heavy lifting to the consumer, according to Wright. Economic growth is expected to be modest and in line with employment and income, at about 1.7 per cent, and interest rates will likely continue to be low.

Strong employment growth

For Ontario, GDP growth will likely be a notch below, about 1.5 per cent, with housing starts for 2019 and 2020 at about 72,000 units, compared to about 79,000 in 2018, Wright says.

“That reflects a number of factors,” Wright told HOMES Publishing. “We continue to see strong employment gains, Ontario is leading Canada in terms of employment growth on a year-over-year basis, and strong population growth. So, strong fundamentals supporting it, in a low rate environment.”

BILD Outlook 2020 Craig Wright
Craig Wright, senior vice-president and chief economist, RBC

The GTA’s robust population growth will continue to drive demand for both ownership and rental housing, Wright says. Municipal and provincial governments are shifting to supply-side solutions for balancing the housing market.

“As you look at the structural reality of the GTA market, where we have immigration coming in… we have 140,000 to 150,000 people coming to this region each and every year,” adds BILD President Dave Wilkes. “That really does bode well for our industry.”

The mortgage stress test needs to be revisited in light of the continued low interest rates, Wright says.

Millennial attitudes

Another issue that might affect the Canada and the building industry is Millennials and their views on the environment and the economy – attitudes Donolo describes as “absolute.”

BILD Outlook 2020 Peter Donolo
Peter Donolo, political and communications strategist, Hill + Knowlton Canada

“When I say absolute, you talk about the oil sands and it’s like you’re talking about the Medellin drug cartel,” he says. “They’re not conscious or interested in the fact that the oil sands and Canada’s oil and gas sector is a kind of the backbone of the Canadian economy, that millions of jobs depend on it… They’re not interested in a kind of slow transition or weaning away from it. They think it’s immoral… and this is a very widespread view.”

Millennial views on homeownership are also different, Donolo says.

“Do Millennials look differently at what homeownership is about? Are they less interested in owning a traditional detached house with a backyard and property? If you look at rates of drivers licenses among Millennials, there is perhaps an indication.”

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Briar Town II

Buildcrest and Algar combine their talents to create a beautifully realized project in The Briar Town II

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Buildcrest and Algar combine their talents to create a beautifully realized project in The Briar Town II

Location, location, location are often repeated real estate buzzwords because they really do define the difference between a nice place to live and a great way of life. The Briar Town ll Modern Townhome Collection succeeds on all fronts; spacious impeccably designed townhomes plus a location in Bayview Village that puts you within steps of every amenity you could desire.

You are a five-minute walk from the best of high-end shopping and dining at Bayview Village; you are a seven-minute walk to TTC stations and are close to major highways and GO trains for quick access to downtown. The area is bordered by the East Don Valley Parklands and the development is close to tennis courts, bike trails, golf courses and some of the city’s most highly ranked private schools. All this and your stunning town home will be situated away from the bustle in a tranquil enclave on a safe and quiet tree-lined street.

The Modern Townhome Collection is a beautifully realized project. The exterior is an elegant blend of Classic and Post-Modern architecture with an emphasis on outdoor spaces. The ground floor residences open to a private garden where you can test out your green thumb and relax with friends. The private rooftop terraces are designed with subtle elegance and are finished with concrete pavers, outdoor lighting and gas fire pits. The perfect spot for a family barbecue or sunny day lounging.

The interiors are truly a space enclosed by light and the design and finishes are Architectural Digest spectacular. The windows in the open loft style living areas and the master bedrooms are walls of glass with such subtle, almost invisible, support struts that the outside and the inside seem to merge. The soaring 9.6-ft. height of the concrete ceilings in the principal rooms combined with the glass window walls of sparkling light visually expand the already generous rooms. These residences range in size from a comfortable 840 to a luxurious 1,600 sq. ft.

The waterfall staircases are sculptural show stoppers. The kitchens are fitted with sleek custom designed European cabinets, Caesarstone countertops, designer backsplash and stainless-steel appliances. In the larger townhomes, the layout and creative design touches in the kitchens turn these stylish but functional rooms into the aesthetic focal point of the whole living area.

The flooring is engineered hardwood in all rooms other than the bathrooms and laundry closet where you have a choice of porcelain 12-by-24-in. tiles for flooring and shower walls. The bathrooms are sleek and contemporary with white fixtures a clear glass fixed panel shower enclosure and the very chic touch of black faucets and shower heads.

After the success of Bold Towns at Danforth and Broadview Avenue, Briar Town ll is the latest project of the residential development company Buildcrest, working alongside interior design firm Algar Developments Inc. The units range in size from 840 to 1,600 sq. ft., and prices range from mid $700,000 to more than $1 million.

Briar Town II is located at 12 to 16 Dervock Cres. By appointment only. For further information, call (647.280.1902), email or visit the website.


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cl_nov19_condo_pro_fi

Why are condos selling like hotcakes in Toronto and the GTA?

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Why are condos selling like hotcakes in Toronto and the GTA?

To say that condominiums have become the new home of choice for most buyers in Toronto and the Greater Toronto Area is an understatement. Even in the face of rising costs, the new condo market is continually robust.

The first reason is, of course, price. The cost of single-family homes has skyrocketed to the point that first-time buyers, in particular, are just not able to afford them. Even with prices of condos rising, they are still typically more financially attainable. People are also coming up with creative ways to afford condos, such as co-purchasing. Parents of college and university age children also often find buying a condo for their kids to live in while attending post-secondary school is more economical than paying for them to stay in a dorm. At the end, these parents have earned equity as well. Just look at how well condo owners who purchased a few years ago are doing. Savvy investors will also tell you that a condominium suite is a great addition to a financial portfolio. The nice thing is that exterior maintenance and amenity repair and upkeep are handled for them.

Lifestyle also has a lot to do with the trend toward condominiums. People of all ages today are just plain busy. Their lifestyles are hectic, so eliminating exterior maintenance from their lives frees up time for family, friends and leisure activities. And in a condo, they have wonderful amenities just an elevator ride away. Today’s beautiful common areas range from chic party rooms to equipped fitness centres, technologically advanced theatres, glorious swimming pools, spectacular barbecue terraces, children’s play centres and more!

Here is another reason – for most people, condominium living is fun. With people passing each other in hallways and meeting in elevators and common areas, they get to know their neighbours. There are so many options for relaxing, exercising and interacting in areas such as games rooms, that the building is truly a vertical community. In fact, condo purchasers have told me they rarely knew their neighbours in their single-family home communities, and that they find it easier to make friends in their building.

The icing on the condominium ownership cake is location. Nowadays, buildings are situated close to public transit and local amenities. In fact, many condo owners do not even need to own a vehicle, which frees up thousands of dollars to put toward their other expenses. There is a certain freedom that comes with being able to walk or hop on a bus or subway to go to work or run errands. Toronto and the GTA locations are all home to superb shopping, cultural venues, schools, parks, recreation centres… you get the picture.

If you are looking for a new home, and even if you can afford a single-family residence, consider a condo for any or all of the above reasons. Around the world, apartments and condominiums are the norm for everyone from singles to young couples, emptynesters and even families. Toronto and the GTA are catching up. Viva the condo!

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

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Neighbourhood Watch: South Core

South Core is lively, lakefront, prized and prestigious

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South Core is lively, lakefront, prized and prestigious

If a lively and active downtown lifestyle is what you’re after, check out Toronto’s South Core. It might also help if you work in the nearby financial district, as residency in this prestigious neighbourhood has its price.

So-called for its proximity to the downtown core but, obviously south… from the railway lands to Lake Ontario, and bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street.

Indeed, Toronto is blessed with a prized waterfront location, which in recent years has seen billions of dollars in development, from public spaces to new residences to new commercial and retail opportunities. And the South Core is a prime example of this growth.

Looking northwest from the common terrace at Menkes' Harbour Plaza.
Looking northwest from the common terrace at Menkes’ Harbour Plaza.

Sustainable and connected

Consider, for instance, the Southcore Financial Centre (SFC), a major mixeduse, sustainable complex. Designed to exceed the expectations of today’s globally connected businesses and sophisticated urban travelers, SFC comprises two striking LEED Gold certified office towers totaling 1.4 million sq. ft. and The Delta Toronto – a premium four-star, 560- room, next generation hotel.

Or One York Street by Menkes Developments, a 35-floor, 800,000- sq.-ft. Class AAA building at York and Harbour targeting LEED Platinum certification.

The sustainability and connectivity of these projects typify the redevelopment underway in the South Core. Both buildings boast direct and enclosed access to the PATH to Union Station for TTC, GO Transit the UP Express and more, and beyond through Toronto’s underground network. Within easy walking distance are landmarks such as Scotiabank Arena, the Rogers Centre, Ripley’s Aquarium of Canada, world class restaurants and the city’s Entertainment and Theatre districts.

Then there’s Maple Leaf Square, a multi-use complex and public square next to Scotiabank Arena, with a newly expanded video screen for live outdoor public broadcasts of Leaf and Raptors games, and home to Real Sports Bar & Grill, one of North America’s largest sports bars.

Residential opportunities

But the South Core isn’t all about office towers and commerce, as residential opportunities are also part of the development. New condominiums have sprouted up, along with the office towers, including Harbour Plaza by Menkes Developments, located at 88 Harbour St. and 100 Harbour St. Here, along with similar connectivity to the underground PATH, residents enjoy a 30,000-sq.-ft. health club, outdoor terrace with tanning deck and other top-drawer amenities.

Also nearby, slightly to the west at Spadina, is CityPlace by Concord Adex, one of the first major condo developments in the area.

Now that the west and central portions of the waterfront are well along in development, and you can’t go any further south into the lake, condo growth is spreading east. Menkes has Sugar Wharf Condominiums at Sugar Beach, and Tridel is building Aqualuna at Bayside, at Merchants Wharf and Queens Quay East.

And then, a little further east and perhaps a few years down the road, there’s the proposal for Sidewalk Labs, the 12-acre, smart-city site at Quayside, which is planned to include a mix of housing types, public spaces and other high tech amenities.

Location, location, location

South from the railway lands to Lake Ontario, bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street

Key landmarks

  • Harbourfront
  • Maple Leaf Square
  • Queen’s Quay Terminal
  • Redpath Sugar Refinery
  • Ripley’s Aquarium of Canada
  • Scotiabank Arena
  • Southcore Financial Centre
  • The Power Plant Art Gallery

Select condo projects

162 Queens Quay by Empire Communities

Aqualuna at Bayside by Tridel

Harbour Plaza by Menkes Developments

One Yonge Condos by Pinnacle International

Sugar Wharf by Menkes Developments

Ten York by Tridel


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ADI Development Group

Adi Developments is reimagining the urban landscape

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Adi Developments is reimagining the urban landscape

When brothers Tariq and Saud Adi started Adi Development Group in 2007, they knew they wanted to approach the development business differently than the rest by bringing world-class architecture to suburban communities that hadn’t seen it before.

“I think what has set us apart from other developers is the fact that we went into the industry knowing we wanted to shake it up, to be changemakers and to have a different approach,” says Tariq Adi, the company’s co-founder and CEO. “We bring a vibrancy to communities you don’t see elsewhere. You know an Adi building when you see one.”

Adi Development Group, most well-known for its numerous residential developments in Halton Region, was just named one of Canada’s 10 fastest growing companies by the Globe and Mail. Today, Adi is behind 12 different projects across the Greater Toronto Area – each at different stages of the development process, representing more than 3,800 residential units. These range from stylish townhomes with modern facades situated in master-planned communities, to elegant highrise buildings with imaginative amenity spaces.

Being disruptors in the real estate industry is central to the way that Adi does business. From the beginning, the brothers have set out to build unique and memorable communities that stand out amongst the rest, with thoughtful details included at attainable price points. By challenging the status quo, Adi has made innovative, design-forward thinking standard in each of its projects. “When you look around at new developments, you see a lot of the same; it’s becoming predictable. When we started Adi, we knew we wanted to deliver something that was the opposite of predictable. Something that was cool, visionary, and interesting – to create the kind of communities that we could envision living in ourselves.”

Adi plans to bring its signature approach to other markets. The company’s first expansion will take shape in 2020, when it launches its inaugural projects in Toronto. The first of these will be 135 Portland Street – a desirable address near shopping, entertainment, and transit. “What we’re doing along Portland is an extraordinary fusion of heritage and a modern vision for Toronto.

The team at Adi has put a lot of work into reimagining this location into a vibrant community that fits seamlessly into the King West neighbourhood,” explains Saud Adi, the co-founder and COO of Adi Developments. “It’s a great introduction to the energy we will bring to our other developments in Toronto.” Following 135 Portland Street, Adi has a second Toronto project in the works, also anticipated to launch in 2020, at 64 Prince Arthur Avenue in the Annex. Together, the brothers make a strong, well-balanced team – with Tariq imagining new ways to transform the urban landscape, and Saud discovering innovative ways to improve the quality and speed of construction on every Adi project.

One thing that unites the pair is their shared vision for the future of real estate and their entrepreneurial spirit, which earned them a spot on Canada’s Top 40 Under 40 in 2019.

Adi has a great selection of suites currently available. Nautique Lakefront Residences offers luxurious condominium suites overlooking the waterfront in downtown Burlington. Pricing starts from the $500,000s for one-bedroom and $700,000s for two-bedrooms. Luxurious and penthouse suites available. Grand opening continues at Stationwest, with a limited collection of Terrace Townhomes, each boasting two storeys of living space, a private rooftop terrace, and a two-car garage. Pricing starts from the mid $600,000s, located steps from the Aldershot GO station. Watch for the new release of Townhomes at Valera, coming in late 2019. Valera is a masterplanned community in Alton Village.

Learn more about Adi Developments and their communities by registering at the website.


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The United Building Condos

The United Building Condos offers a luxurious oasis in the heart of the city

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The United Building Condos offers a luxurious oasis in the heart of the city

When residents move into The United Building at 481 University Ave., they will enjoy one of Toronto’s most luxurious and convenient lifestyles. To ensure that the building amenities uphold the quality and reflect the styling of North America’s largest architectural heritage development, Davpart Inc. enlisted the prestigious firm Tomas Pearce Interior Design Consulting Inc. In all, The United Building will have more than 15,000 sq. ft. of amenity space spread over several floors.

According to Tomas Pearce, principal partner Melandro Quilatan, “The sophisticated urbanites we’re designing for include everyone from young professionals to well-travelled empty-nesters. They want to live in the heart of Toronto where the action is, and they want to come home to a welcoming cocoon away from the hustle and bustle. We designed the amenities as calming extensions of their private living spaces.”

For example, the change rooms on the 14th floor feature rain rooms and saunas overlooking the indoor pool, deck and landscaped courtyard on the level below. The lap pool is set off by glazing panels that open like a garage door. It’s gorgeous. That space is very Zen and very spa.”

Quilatan adds that purchasers at The United Building appreciate culture. “Local artists will be commissioned to provide art and culture statements throughout the amenity areas, which include an 11th-floor gallery. We will encourage sculptors to take inspiration from the bas relief being preserved on the exterior. I have always been mesmerized by its detailing. In fact, for the interior design, we took cues from the beautiful classically contemporary exterior by B+H Architects and heritage consultant ERA Architects. Their design preserves the exteriors of two of the original Maclean Publishing buildings constructed in 1928 and 1961, which inspired us to incorporate Art Deco influences. By tapping into that design era, we appeal to both traditionalists and modernists. One piece we’re excited about is a backlit glass installation behind the concierge desk featuring hand-blown glass fringe. It will be a standout.”

Among the other amenities are a chic party room with kitchenette, lounge with fireplace, three-tiered theatre, sports lounge with billiards, video gaming lounge and golf simulator. There is also an idea space, which Quilatan says is there for socializing or working privately. It features sofas, booths, sectioned-off desks and a coffee area.

Purchasers can select from studio to one-bedroom, two-bedroom and three-bedroom designs. For further information, stop by the presentation centre, located at 481 University Ave., or visit the website.


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Lake Suites at Lakeside

Lake Suites at Lakeside

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Lake Suites at Lakeside

Dan Menchions
Dan Menchions, Partner, II by IV Design

What influences are we seeing today with regard to amenity spaces in new condos?

In the current market, expectations are so much higher than what they use to be. People want authenticity and quality. We have also seen a considerable trend that is giving more emphasis on incorporating hospitality features into condominium interiors. For example, at Lakeside, we focused on creating interior spaces with comforts and qualities reminiscent of a boutique hotel. The lobby warmly welcomes all residents; the party room is complete with dining, kitchenette, lounge, fireplace, a games area and access to exterior amenities; the theatre and lounge spaces are designed with a bar and island; and the fitness room and yoga/personal training studio offer a luxurious retreat from the comfort of your own home.

You describe II by IV Design as “experts at interpreting current and emerging consumer behaviours, attitudes and expectations.” What exactly are you hearing and seeing?

We are always researching new design trends and travelling the world to be inspired. There is always innovation happening, and our job is to identify the best option for a particular project. We don’t have a signature style and we really work hard to understand each of our projects in depth, and offer unique design solutions best suited for the client’s needs.

At Lakeside, for example, the aesthetic feels modern, but with classic detailing, which will uphold their style and remain visually significant for many years.

What are the key features at Lakeside, and what kind of spaces have you designed?

Lakeside is a highrise community in quite a significant location in the city, south of the Gardiner, across from Sugar Beach, steps from Lake Ontario. It’s a key project for the emerging East Bayfront neighbourhood that is poised to become a key live/ work/play district in downtown Toronto. It will offer a mix of sustainable residential communities, state-of-the-art workplaces and renewed connections to the water and parklands, creating tranquility in a busy city. Everyone – people of all different ages and stages, including families – will want to live here. The area is also being planned to become a true extension of the downtown core.

At Lakeside, we designed the interior spaces for the third building, Lake Suites, which sits at the most southern portion of the site and is the residence closest to the water.

How is Lake Suites’ unique location reflected in the amenity spaces?

Tying into the recreational culture of the waterfront, outdoor condo amenities include a rooftop putting green, outdoor dining and barbecue spaces, as well as a fireside lounge with picturesque views of Lake Ontario.

The rooftop putting green is very different and unique for downtown living. Being so close to the water, it provides an opportunity for residents to enjoy an outdoor recreational culture on the waterfront from the comfort of their own home. Residents will also have access to a rooftop swimming pool on the podium of the adjacent Park and Sky building, as part of the masterplanned development.

Lobby interiors are inspired by the surrounding waterscape, with colours such as warm woods, cool blues and accents of grey. Light wood panelling is contrasted by dark, full height custom doors and hardware. Other features include integrated millwork and bespoke lighting, as well as an art program inspired by the waterfront. The contemporary appeal of the lobby extends through the design of all amenity spaces and residential suites.

For further information on Lakeside or to register call (416.968.9196) or visit the website.


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Signature Series at The Well

Signature Series at The Well offers luxury in the middle of an urban playground

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Signature Series at The Well offers luxury in the middle of an urban playground

With only 98 suites in a boutique condominium, Signature Series at The Well boasts a rare combination of exclusive, modern luxury within one of the most ambitious, dynamic mixed use developments anywhere in North America.

Purposefully designed as an escape from the everyday, the spacious, terraced suites overlook the revitalized grand promenade of Wellington, stretching from Victoria Memorial Square all the way to Clarence Square. One of Toronto’s most historic corridors, this re-imagined stretch of Wellington will fulfill a 100-year-old plan to connect the two squares with a linear park and walkway when completed.

Residents at Signature Series gain access to a private collection of meticulously crafted amenities designed by award-winning interior design firm II BY IV Design. Stunning natural materials and the ambient light of a fireplace adorn the luxurious entertainment lounge, while restrained opulence and dark and light contrasts encourage you to entertain friends and family in grand style in the dining room. On the amenity terrace, a swimming pool, contemporary cabanas, and outdoor fireplace conspire to create a private oasis in downtown west, coloured by sparkling blue waters.

Ranging in size from more than 1,000 sq. ft. to more than 3,200 sq. ft. and starting at $1.8 million, the interior suites feature Miele appliances and engineered hardwood floors throughout. Vast glass windows provide stunning views of the city and abundant natural light. The pinnacle of understated, elegance, the Signature Series may be nestled on the quiet end of Wellington, but a series of pedestrian walkways and alleys connect residents to the cutting-edge restaurants, premium retail, future-proofed workplaces and boundless entertainment options that are set to transform downtown Toronto’s west end. Conceived as a natural extension of the vibrancy of King West, The Well is a choreographed mix of urban experiences, dynamic architecture and interconnected public spaces that will combine one million sq. ft. of premium office space with 420,000 sq. ft. of retail and food experiences, and 1,700 residential units.

The Signature Series at The Well features two-bedroom, two-bedroom plus den, and three-bedroom layouts, with occupancy slated for July 2022. Residences at The Well by Tridel will also have another distinct living opportunity – urban living in two condominiums along Front Street. Tridel’s Classic Series I and Classic Series II are two highrise condominiums comprised of 38 and 22 storeys, respectively. Occupancy for both towers is expected to begin in 2022.

For further information on Tridel’s The Well visit the website.


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411 King

411 King brings unparalleled living to King & Spadina

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411 King brings unparalleled living to King & Spadina

It’s no secret that Toronto’s King West strip has long been a world-class location for condominium purchasers and investors. Those who live and work in the area are part of a thriving downtown community, known for its unique energy, vibrancy, and plethora of opportunities for food, drinks, culture, entertainment, and ease of transit connections.

Those in the know have been longing for something special to rise on the corner of King and Spadina, also known as the heart of King West. This pinnacle location presents a rare and one-time opportunity to plant roots in the core of downtown Toronto, where location is, has been, and always will be, everything.

Great Gulf, one of North America’s premier real estate organizations, and Terracap, a private equity real estate group with a portfolio of properties that include 4 Million+ square feet of real estate across North America, have come together to bring an incredible residential condominium vision to fruition.

Illustrations are artist's concepts. Specifications are subject to change without notice E. & O.E.
Illustrations are artist’s concepts. Specifications are subject to change without notice E. & O.E.

411 King is a new condominium of 1-bedroom to 2-bedroom+ suites, from 400 to 1,000+ square feet, with an exciting offering that’s bringing unparalleled living to King & Spadina.

Great Gulf has a well-respected history along the King West strip, with a wide list of projects that continue to garner raving reviews from both owners and renters for everything from amenities programs to quality craftsmanship of suite features. Over the past 20 years, Great Gulf has developed a reputation for being the premier builder in the King West neighbourhood.

Terracap is a 1.5 Billion private equity group with a 30- year history developing multi-residential properties, retail and office spaces. This exciting partnership locks in a solid vision for this special location. With a very limited amount of real estate along King West, 411 King presents one of the last pre-construction developments, on the best corner, at the most premier destination in downtown Toronto.

With a perfect walk and transit score of 100, King West attracts visitors from across the GTA and around the globe, for its wealth of top-rated cuisine, theatre, culture, shopping, and entertainment. If there was ever an appropriate moment to use the cliché “location, location, location,” this is the time. Those who live in the area enjoy the conveniences of the very best of Toronto at their door. Whether using the many transit connections or walking to the wide spectrum of popular venues or hidden King Street gems, area residents are privy to a lifestyle of opportunity, convenience, and unlimited indulgences.

Key arts and cultural landmarks include the TIFF Bell Lightbox, Rogers Centre, and Roy Thompson Hall. This booming neighbourhood is home to some of the city’s most coveted attractions, restaurants, wellness retreats, businesses, spas, trendy cafés, high fashion boutiques, and so much more. It’s no wonder King West is a world-renowned destination that hosts international stars and the “who’s who” of sports, entertainment, and Toronto’s elite. In fact, with the development of 411 King, King Street is finally getting the crown it deserves.

411 King is unparalleled in the exciting opportunity it presents on the most prominent corner of King West. The building itself presents a unique dichotomy of styles by combining the aesthetics of an iconic modern tower with the industrial revolution design sensibility of a heritage brick façade that echoes old-world elegance. In fusing the two, the architecture embodies a mindfulness and respect for the ways in which this building will enter the existing King streetscape. The architecture creates a timeless and stunning exterior that combines modern architectural forms with historic charm.

What does unparalleled living look like for purchasers and future residents of 411 King? With a lifestyle of accessibility and abundance, there’s no limit to the range of possibilities to indulge, delight, inspire, and thrive – from day to night. Whether it’s the ease of a commute that begins and ends conveniently at your front door, or the selection of Toronto’s best restaurants, arts & culture, and entertainment venues only a quick stroll away, an unmatched lifestyle awaits at this exciting residential condominium, coming soon. Backed by the solid foundation of experience and expertise from two of North America’s foremost names in real estate development, 411 King is set to be the crowning jewel of King West. And, if rumours are true, an exciting impending announcement is set to make this limited opportunity unparalleled as well!


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Jim's Place - Eco-Conscious Design

Jim Caruk builds his own dream home in Toronto

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Jim Caruk builds his own dream home in Toronto

Photography by Alex Lukey

There’s an old line about the cobbler’s kids going barefoot, the idea being that he or she is too busy repairing shoes for their customers to make shoes for their own children. Lucky for Jim Caruk’s daughters, this was never the case. The homebuilder and star of HGTV’s Real Renos (among other shows) has always viewed his own house as a showcase for the high-quality design and craftsmanship he always puts into the homes he builds for his clients, and his latest home is no exception.

Jim Caruk designed his home with an intentionally masculine, industrial look. The exterior features a mix of red brick, limestone, and black-accent panelling, capped with a Vicwest metal roof that has a 50-year warranty.
Jim Caruk designed his home with an intentionally masculine, industrial look. The exterior features a mix of red brick, limestone, and black-accent panelling, capped with a Vicwest metal roof that has a 50-year warranty.

Jim’s style takes centre stage

The four-bedroom, 3,800-sq.-ft. home is located in Humber Valley in the west end of Toronto. Now that his daughters are grown and have families of their own, (Caruk’s known as “Papa Jim-Jim” to his four grandchildren) he was free to indulge in some of the more masculine, industrial touches he favours. The exterior façade features a mix of red brick, limestone, and black-accent panelling. The lofty, industrial-looking windows bring in plenty of light, while the Vicwest metal roof will withstand the elements for decades with its 50-year warranty.

The maple and leather bench in the entrance foyer is from Toronto-based Objects & Ideas (ObjectsAndIdeas.com). All their pieces are designed and made in Toronto, using Canadian materials. The floor-to-ceiling wainscotting is typical of Caruk's "tricked out" trim.
The maple and leather bench in the entrance foyer is from Toronto-based Objects & Ideas (objectsandideas.com). All their pieces are designed and made in Toronto, using Canadian materials. The floor-to-ceiling wainscotting is typical of Caruk’s “tricked out” trim.

Inside, Toronto-based design company and retail outlet, 36 Knots helped burnish and furnish the look. “We were going for a contemporary, masculine look,” says 36 Knots’ Yvonne Tristani. “We used solid pieces, such as the heavier-set walnut chairs with blackened steel panels in the living room, offset with light leather cushions and very neutral carpets.”

The imposing piano converted into a coffee table in the living room is actually a double salvage. Caruk picked it up from a former client who was going to throw it out.

Jim Caruk’s favourite space in the home is the combined kitchen and dining room that span across the entire rear of the house, and leads to the covered back porch.

Outdoor oasis

“My favourite space is the dining room/kitchen. It’s the entire back of the house, and it leads out to the covered porch,” says Caruk.

The porch is a cosy covered seating area that looks out over the surprisingly secluded, tree-shrouded yard. The tongue-and-groove ceiling features embedded pot lights and a ceiling fan over the dining table. Glass railings provide an unobstructed view of the 12-by-20-ft. in-ground pool. In the basement, there is a guest room, or nanny room, with an ensuite bathroom.

The covered rear porch looks out on to the secluded, tree-shrouded yard with an in-ground pool. A ceiling fan over the dining table and a gas fireplace provide three-season comfort.
The covered rear porch looks out on to the secluded, tree-shrouded yard with an in-ground pool. A ceiling fan over the dining table and a gas fireplace provide three-season comfort.

Next-level energy efficiency

While the design, finishes and furniture reflect Caruk’s personal tastes, it’s what is behind the walls that he feels makes the biggest impact.

“The best feature of the house was working with Owens Corning to create a net-zero ready home,” says Caruk. Net-zero ready homes use the latest in building materials and design to minimize energy consumption. These features include insulation with R-values exceeding the current building code as well as sealing all the air gaps inside and out to prevent wasting heating and cooling energy. By adding a sufficient amount of solar panels, or other green energy options, a home can be classified as net-zero, meaning that it produces at least as much energy as it consumes every year.

The solid walnut and blackened steel living room chairs are contrasted with light leather cushions and very neutral carpets. Jim Caruk salvaged the coffee table made from the guts of a piano from a past client who was going to get rid of it.
The solid walnut and blackened steel living room chairs are contrasted with light leather cushions and very neutral carpets. Jim Caruk salvaged the coffee table made from the guts of a piano from a past client who was going to get rid of it.

“Building net-zero is still in the fairly new stages and it costs more upfront. But, in the long run, you’ll get that money back,” says Caruk. “My gas bill was cut almost in half.”

With more than 45 years’ experience building high-end homes for himself and his clients, Caruk has spent just as long learning how to build better homes from the inside out. His latest personal project showcases how you can combine attractive esthetics – matched to the homeowner’s particular tastes – with the latest innovations in energy efficiency.

Freelance writer Allan Britnell is the managing editor of our sister publication Renovation Contractor, and the editor of the Canadian Home Builders’ Association’s members’ magazine, Building Excellence.

SOURCES:
Builder and Designer: Jim Caruk, Caruk Hall Construction, Architect: David Small Designs, Styling: Christine Hanlon, Carpets and Furnishings: 36 Knots The Style and Staging House


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