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Del Condominium Rentals

In Conversation With… Shanker Narayanan, General Manager, Del Condominium Rentals

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In Conversation With… Shanker Narayanan, General Manager, Del Condominium Rentals

Shanker Narayanan, general manager, Del Condominium Rentals
Shanker Narayanan, General Manager, Del Condominium Rentals

Condominiums are booming in the GTA, with an increasing number of owners choosing to rent out their units for investment purposes.

Del Condominium Rentals, setting a standard in suite rental management in the GTA since 1986, offers such owners suite leasing services without having to worry about the day-to-day concerns related to being a landlord. From marketing, tenant screening, leasing, maintenance and repair, accounting, insurance coverage, compliance enforcement and revenue retrieval, the company does it all.

We spoke to Shanker Narayanan, general manager of Del Condominium Rentals to learn a little more about this growing business.

Condo Life: What is the scope of the management services you offer to condo unit owners? Is it a one-size fits all package, or is there a range of services owners can choose from…?

Shanker Narayanan: We provide day-to-day management of the suites, including complete research and marketing for new owners, arranging insurance, utility transfers and other services – all for a fee of six per cent of the monthly rental. We plan to also introduce a tiered system involving additional services, such as rent guarantee, suite inspections and maintenance.

Del Condominium Rentals

CL: How much of a growing business category is this for Tridel? We’re hearing so much about the investor element in condominium ownership these days…

SN: We have 2,550 condos in our portfolio today and are planning to grow to 3,500 by 2024. We were primarily a company that provides leasing services for Tridel suite owners, and about 78 per cent of our business comes from their new builds. We have evolved over the past five years into a leading condo rental management company in the GTA. We are aggressively trying to grow the non-Tridel portfolio. If this happens, we would look at increasing the overall portfolio to hopefully 5,000 suites in five years.

For Tridel new builds, we provide lease-up services from interim occupancy to eventual unit registration. This period might vary from building to building. We are currently leasing about 35 to 40 per cent of the inventory in all new builds.

CL: What is your typical client profile? Investor-owners who want to be completely hands off? First-time investors who really need the help being a landlord…?

SN: About 90 per cent of our owners are first-time homeowners or single unit owners, who don’t have the time to self-manage their units. We do have a lot of seasoned investors who have multiple suites in their portfolio. On average, a homeowner stays in our program for five years. They usually have an investment cycle that culminates in either them selling, -self-occupying or in rare cases self-managing the unit.

Del Condominium Rentals

CL: What are the main benefits of using your services, that perhaps suite owners couldn’t do on their own?

SN: Most owners don’t know that there are a million things that could go wrong when managing a condo unit. We know this from experience and from managing a portfolio of more than 2,500 condos over the past decade. Most owners who self-manage condos have a belief that “this won’t happen to me.” Things get complicated at times, and that’s when expert knowledge comes handy. For example, an owner might have a new condo but there might be a water leak from a unit above and that causes water damage in suites below. There could be resulting claims from owners against this owner even though the problem isn’t with their unit. We manage these complex scenarios with the insurance adjusters and the condo property management.

We are a one-stop shop for homeowners, providing turnkey management and peace of mind.

CL: How do you arrive at the end cost to clients for these services? Does it depend on the unit size, rental rate, specific services they’re using…?

SN: Our management fees are very competitive. We have always been a market leader and have been looked upon as setting the benchmark. We also have preferred rates with vendors for services such as plumbing, electrical, HVAC and handyman work. In addition, we co-ordinate works for window coverings, flooring and window and door installation. We have synergies with Tridel and ensure that we pass on the benefits to suite owners.

CL: And how do you determine the rental rate for units?

SN: We do a thorough market evaluation. We are the rental experts, and as such, Tridel sets the rental benchmark for any community. Our expert team looks at trends on MLS and third-party Internet sites and comes up with the best practices to research and tabulate rentals.

CL: Ideally, suite owners would want to be cash-flow positive when renting out their investment condo. How do you help them achieve this goal?

Del Condominium Rentals

SN: Most suite owners have a set financial cycle that will allow them to realize market potential. We save them costs and the hassles of day-to-day management and they see the benefits over a period of time. While cash flow is key for many owners, they see the merit of us ensuring that the unit is well maintained and the equity grows over time.

CL: And when it comes time that they wanted to sell, how can you assist in that transaction, say, to another potential investor-owner?

SN: We typically refer owners back to their agent when they consider selling. This is our partnership with our realtor colleagues. We do, however, ensure the transaction and unit transition go smoothly. For example, we make sure all necessary restorations are completed and that things are co-ordinated with residents and property management.

CL: Any other key pieces of information potential clients should know about your services?

SN: We are leaders in the rental business. What sets us apart from others is that we are part of Tridel. We bring synergies from other group companies such as Del Property Management, DelSuites, Tridel Customer Care and Deltera (construction). This is invaluable and often beneficial for homeowners.

For more information, contact Del Condominium Rentals at the website, 4800 Dufferin St., Toronto, or call 416.296.RENT (7368).

 

 

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The Humber by Options For Homes

The Humber is an upcoming condo community from Options For Homes

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The Humber is an upcoming condo community from Options For Homes

Rare is the opportunity to live next to unbridled nature while having easy access to the urban vitality of downtown Toronto. The Humber is an upcoming condo community that offers just that – and a down payment boost that makes homeownership more accessible for everyone.

Nestled on the banks of the Humber River at Lawrence Ave. W. and Weston Rd., The Humber is a riverside oasis in Weston Village, one of Toronto’s up-and-coming neighbourhoods. With 13-km of lush parkland trails at its door and uninterrupted, Instagram-worthy southwest views on the river’s bend that will never be obstructed, this 232-unit, 22-storey condo is an outdoor enthusiast’s dream.

Meanwhile, it’s located a mere three-minute walk from the Weston UP Express stop and is only a quick 15-minute zip to Union Station or 12 minutes to Pearson, putting all the city has to offer within easy reach, making The Humber’s location the best of both worlds.

With The Humber, which is developed by Options for Homes and built by Deltera (part of the Tridel Group of Companies), you can be assured of high-quality condos at more affordable prices. It’s something that Options has been doing for 25 years (including the first three buildings in The Distillery District and a development in The Junction). Prices are kept as low as possible by forgoing costly amenities such as pools, while investing in beautiful common spaces and environmental features such as solar panels. This helps keep maintenance fees low and stable, which are a city-low of $0.49 per sq. ft. Options also brings homeownership within reach with its down payment boost of up to 24 per cent for families making their first purchase, and requiring only 5 per cent total down payment.

“We’re able to help families who can afford the carrying costs of homeownership by giving them an extra down payment boost,” says Options for Homes Director of Sales and Marketing Mary Pattison. “That’s often all someone needs to become a homeowner.”

Because Options sells only to homeowners and not to investors, life at The Humber is ideally suited for families and those who value community. Sheena McDonald, who along with her husband purchased a three-bedroom suite at The Humber, says this focus on building community was an important factor in their decision to buy. “I feel like it’s rare. We have a number of friends who live at Heintzman (in The Junction) and I’ve learned through them that that sense of community actually does exist in Options developments,” she says. “It seems like it’s not your typical condo situation in Toronto.”

With a large percentage of two- and three-bedroom suites, The Humber is designed to suit the needs of families of all sizes. It’s also pet-friendly, as homeowners are able to own up to two pets, and its smokeless policy – which permits only vaping of tobacco or cannabis in the building, including private homes – mitigates the negative impacts of smoking for all of The Humber’s residents.

Speaking of community, The Humber is set amid a neighbourhood bustling with urban renewal. Weston already boasts renowned community events and amenities such as the Weston Farmers’ Market (the city’s oldest), its own Santa Claus parade, Weston Lions Park and Arena, but now it’s getting a cultural boost with the Artscape Weston Commons, which is home to artist housing, Urban Arts and Shakespeare in Action.

Quality, community and unparalleled natural beauty are hallmarks of The Humber. With excellent transit options, a rejuvenating neighbourhood, and down payment support that makes homeownership possible, The Humber is a perfect place to call home.

Visit the presentation centre, located at 1984 Weston Rd. For further information call (416.867.1501) or visit the website.


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The Well

Urban luxury arrives on Wellington Street as Tridel introduces the Signature Series at The Well

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Urban luxury arrives on Wellington Street as Tridel introduces the Signature Series at The Well

Indulge in timeless beauty within Tridel’s Signature Series at The Well. Nestled along the tree-lined, quiet end of Wellington Street – one of Toronto’s most historic corridors – the luxurious 14-storey Signature Series by Tridel is the most exclusive residential opportunity at The Well.

Comprised of seven thoughtfully choreographed mixed-use buildings, The Well is easily one of the most ambitious master-planned communities in Canada. Optimally located along the corridor between Front and Wellington Streets, west of Spadina Avenue, The Well is composed of more than one million sq. ft. of premium office space, 500,000 sq. ft. of retail and food experiences, and 1,700 residential units.

An upscale, modern complement to the highly-anticipated lifestyle destination that is The Well, the Signature Series midrise will feature 98 spacious, high-end suites in a variety of two-bedroom, two-bedroom plus den, and three-bedroom layouts. With polished, contemporary designs, suites range in size from over 1,000 sq. ft. to more than 3,200 sq. ft. and start at $1.5 million, with occupancy slated for late 2022.

A sidewalk view of the Signature Series reveals a premium residence that effortlessly blends with the iconic, historic façades of Wellington Street. Inside, residences feature captivating views of the city and streetscape, providing a calm yet alluring reprieve from the urban landscape, while the generously-sized terrace suites overlook the grand promenade along Wellington.

Great design sets the tone for a well-balanced lifestyle, and Signature Series at The Well embodies the best of luxury city living within its modern aesthetic. Meticulously selected by Toronto interior design firm II BY IV Design, the sleek interiors throughout the amenity spaces feature glass elements, marble tiling and metal hardware paired with touches of modern sophistication, as seen in earthy hardwood floors, cabinetry and amenity furniture.

The Signature Series is outfitted with an array of exclusive amenities, including a generous outdoor terrace where residents can enjoy a swim in the private pool, relax under the sun in stylish cabanas, or host and entertain by the fire at the lounge. A private dining room, fitness studio and sophisticated entertainment lounge reserved solely for Signature Series residents awaits inside, perfect for any entertaining opportunity at home.

Tridel at The Well also includes another distinct living opportunity – urban living in two highrise condominium towers along Front Street. Tridel’s Classic Series I and Classic Series II are 38 and 22 storeys, respectively, and are expected to both begin occupancy, also in late 2022.

The Well sets the stage for meaningful experiences that connect like-minded people together, to live, eat, shop, work, and play within a one-of-a-kind community in the heart of Toronto. At The Well, premium offices, green spaces, and exclusive residential opportunities are complemented by fine shops and restaurants, leisure spaces, and a European-inspired food marketplace, all coming together in an ambiance of discovery.

For further information about this unparalleled lifestyle opportunity and the variety of residential opportunities available at The Well, visit the presentation centre, located at 4800 Dufferin St. or visit the website.


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The Well

Tridel introduces Toronto’s most anticipated lifestyle opportunity at The Well

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Tridel introduces Toronto’s most anticipated lifestyle opportunity at The Well

The Well is one of the most ambitious mixed-used endeavors in Canada, a bold reflection of Toronto’s energy and diversity and an extension of the urban vibrancy of King West. Bordering Front, Spadina and Wellington, The Well brings a unique mix of shops, restaurants, fresh food markets, work spaces and residences, spanning seven acres and three million sq. ft. of culture, entertainment and community in downtown Toronto’s west side.

With construction of the transformative community already well under way, Tridel, a leader in condominium living, is preparing to launch one of the most anticipated condominium lifestyle opportunities in the city, in just a few weeks.

Choreographed mix

“The Well is a choreographed mix of urban experiences, dynamic architecture and interconnected public spaces. There is simply no other development that offers this breadth and scale of integrated uses,” says Jim Ritchie, executive vice-president, sales and marketing at Tridel. “Residents will experience the full spectrum of urban living without needing to leave the community. And when they do leave, they’ll find themselves in the middle of one of Toronto’s most dynamic and energetic neighbourhoods.”

The condominiums by Tridel at The Well will offer residents two distinct living opportunities. The Classic Series I and II consists of two towers along Front Street at 38 storeys and 22 storeys, respectively. A boutique 14-storey midrise known as the Signature Series will be located along the revitalized and historic Wellington Street. Each of the three buildings will feature Tridel’s unwavering commitment to quality and sustainability, as well as its own independent amenity spaces, including party rooms, outdoor terraces with pools, fitness centres and more.

With a pedestrian-centric focus, Tridel at The Well sets the stage for incredible experiences and responds to some of the strongest desires of downtown Toronto today: Walkability, community-building, the ability to create connections while seamlessly blending old and new. More than a collection of buildings, The Well is an amenity-rich, urban streetscape and a vital, fully functioning environment that puts the things people want most within easy reach. Perfectly situated between King West and the Entertainment District, Tridel at The Well offers established connections to public transit, airports, trains, buses and highways.

Highly anticipated

The highly anticipated launch of Tridel at The Well will include 400 suites in Classic Series I, the first of Tridel’s two urban condominium towers on Front Street, and 98 suites in the Signature Series boutique residence on Wellington.

Register online for more information and regular updates.


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Chateau at Auberge on the Park

Chateau is the third and most luxurious phase of Tridel’s community at Auberge on the Park

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Chateau is the third and most luxurious phase of Tridel’s community at Auberge on the Park

Chateau, the third, final, and most luxurious phase in the prestigious Auberge community by Tridel and Rowntree, offers residents an unparalleled lifestyle, close to Toronto’s most exclusive neighbourhoods.

Rising above lush green parkland, proclaiming its distinction with dramatic, cascading levels of terraces, Chateau is a showcase of magnificent contemporary architecture. Now selling, Chateau is your opportunity to live in a spacious suite, immersed in elegant, French-inspired design.

From the moment you enter the exquisitely decorated, two-storey grand lobby, you’re enchanted by the aura of exclusivity that infuses every part of Chateau. With its majestic white stone floors, intricate woodwork, and soft accents of gold, white, and blush, this entryway enfolds you in a welcoming aura and a subtle “je ne sais quoi.”

Stunning interiors

Modern and elegantly chic, every suite at Chateau is brilliantly designed for comfort and convenience, with top-of-the-line appliances, spa-style bathrooms, expansive windows offering incredible views, and generous private balconies and terraces for entertaining and relaxing.

Elevated entertaining

However you choose to entertain or relax, Chateau accommodates with a lavishly decorated, large party room, private dining room, and two outdoor terraces. The North Terrace, with its vines and French-style plantings, is a gracious venue for barbecues and alfresco dinner parties. The South Terrace makes for a most amenable outdoor gathering place, with unobstructed city and park views, gas fire tables, and textured planters with a profusion of greenery.

Invigorating amenities

Chateau’s fitness facilities encourage healthy activities. A fully outfitted gym with state-of-the art cardio and weightlifting equipment, a dedicated yoga studio, and an indoor swimming pool make it easy to feel renewed or find respite. Tastefully decorated spaces replete with natural wood paneling, curved ceilings, and art mirrors create a perfect ambience for refreshment.

Superbly situated

Perfectly positioned at Leslie and Eglinton, Chateau is surrounded by a vast network of interconnected parks, including the lovely 150-acre Sunnybrook Park across the street where you can wander along forested hiking trails for hours.

Chateau is steps from the new Sunnybrook Park LRT station on the upcoming Eglinton Crosstown line, and for drivers, the Don Valley Parkway is just minutes away.

For your chance to live in the beautifully master-planned Auberge on the Park community, visit the Presentation Centre. For further information call (416.649.2323) or visit the website.


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In conversation with Jim Ritchie of Tridel

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In conversation with Jim Ritchie of Tridel

It’s always a pleasure to spend time with the smart and insightful Jim Ritchie, executive vice-president of sales and marketing at Tridel, one of Canada’s largest and best condominium builders. In its eight decades, Tridel has built more than 80,000 homes, and that’s something to celebrate!

Tridel was founded by Jack DelZotto in 1934, when he built his first single-detached home near Dufferin and Bloor Streets. Jack, who arrived in Canada from Italy in 1927, was a stonemason by trade who worked in the mines in Timmins before coming to Toronto. (He helped lay the bricks at the Park Plaza Hotel. How’s that for history?).

Jack’s three sons — Angelo, Elvio and Leo — were brought into the company, and continued to grow the organization into what it is today. The name of the company evolved to Tridel (after the three DelZotto brothers).

The DelZottos have always been known as innovators and built their first rental apartment complex in 1961, featuring twin towers, a swimming pool, a recreation centre and landscaped grounds — quite luxurious for the times — the forerunner of today’s modern condo.

Today, the DelZotto brothers and their lifelong business partner Harvey Fruitman — along with their families — have carried on the tradition set by Jack of complete communities, environmental awareness and technical innovation. And it has grown.

As Ritchie tells me, Tridel manages every part of the development of a condominium project.

“We handle the entire process — land purchase, planning, approvals, marketing, selling, building, customer service and management. Overall, we control the customer experience from purchase to residency.”

In fact, in addition to Tridel, the Tridel Group of Companies consists of Deltera (construction services and management), Del Realty (real estate brokerage), Del Property Management (condominium property management), DelSuites (long-term furnished executive accommodations), Del Condominium Rentals (full-service condo rentals), Delmanor Retirement Living (seniors’ accommodations), Delcare (long-term seniors’ care facilities) and Del Management Solutions (residential and commercial property management).

Q: Did Tridel make a conscious decision to move from ground related housing to apartments and condominiums?

A: The transition from single-family homes to building rental apartments was an evolution. Tridel built a rental apartment complex complete with amenities and landscaping, which essentially became a model for the condominium we know today.

In 1967, when condos became a legal entity in Ontario, Tridel embraced the concept and started developing its first condominium the following year.

Q: What are your thoughts on the condo market in the GTA?

A: Toronto has the largest new condo market in North America. The market was outstanding in 2017, which was an exceptional year fuelled by many factors. But that record-breaking year couldn’t be sustained, and with a number of government interventions, including new mortgage rules, the market has levelled somewhat as compared to previous years.

We see consistent and long-term growth in the GTA housing market, especially with a strong economy and continuing growth in population. But it’s really very difficult to make predictions.

The success of the industry is predicated on relative affordability and more recently condos have become very popular because of the increasing cost of other forms of housing — 25 per cent of the cost of a home is various fees and taxes.

Q: What is Tridel’s philosophy of building condo communities?

A: We are city builders — actually all highrise builders are city builders — and at Tridel we put more focus on architecture and the public realm. Architecture matters and consumers understand that. Today’s consumers are well informed on these matters.

But it’s not easy, there are no easy projects anymore. No longer can we raze a parking lot and build a condo. There just aren’t any of these types of sites left. And creating real communities, which means mixed-use developments, brings more complexity.

Q: How have you seen suite design and amenity space changed over the years?

A: Architecture matters to Tridel and that includes suite designs that can optimize the use of space, and user-friendly amenities, which have changed over the years and now include more family-oriented spaces.

Evermore at West Village in Etobicoke offers some of the most current amenities and suite designs, including two- and three-bedroom suites for family living with larger entrances and bigger laundry rooms with more storage.

Some of the more in-demand amenities include shared workspaces and study pods, kids and youth zones and large outdoor terraces.

We’ve also found that putting the larger units in one area of the building — at Evermore they are in the podium — means that families can live near each other and that creates a sense of community.

Q: Tridel has a reputation for being in the forefront of green technology. Has that always been the case?

A: Tridel has always been on the leading edge of new construction methodology and energy-efficient building practices. These include the fundamentals of building design, including the building envelope and mechanic al systems. In 2005, we brought our first LEED building into the marketplace, and now we lead sustainable residential condominium development in Canada.

Q: What new innovations does Tridel have in the works?

A: I’m very excited by Tridel Connect, an innovative range of integrated smart home features, which we recently rolled out very successfully at our Ten York community. Some of the features of Tridel Connect include the ability to set the temperature, security alarm and receive notifications about community events through an in-suite wall pad or remotely with a smartphone app. Suite locks are also dig ital, opened with a personalized code, and additional codes can be programmed for service people, like a cleaner or dog walker.

You can also use the wall panel to connect visually with the concierge and select common areas, and you can open common-area doors with your smartphone, so no more key fobs. That also applies to the garage door, where a camera uses license plate recognition to provide entry.

We had this technology developed about six years ago, but we wanted to make sure we had worked out all the kinks before announcing it. It will be included in many Tridel condos going forward.

PORTFOLIO

  • Evermore at West Village, Eva Road & Hwy. 427
  • Aqualuna at Bayside, Queens Quay & Sherbourne
  • Auberge on the Park, Leslie & Eglinton
  • Auberge II on the Park, Leslie & Eglinton
  • Bloor Promenade, Bloor & Islington
  • Bloorvista, Bloor & Islington
  • Islington Terrace, Bloor & Islington
  • Bianca, Dupont & Bathurst
  • Via Bloor, Bloor & Parliament
  • Via Bloor 2, Bloor & Parliament
  • Aquabella at Bayside, Queens Quay & Sherbourne
  • Ten York, York & Harbour
  • Alto and Parkside at Atria, Sheppard & Hwy. 404
  • Trio at Atria, Sheppard & Hwy. 404
  • Parfait at Atria, Sheppard & Hwy. 404
  • Aqualina at Bayside, Queens Quay & Sherbourne
  • Aquavista at Bayside, Queens Quay & Sherbourne
  • Alter, Church & Carlton
  • 101 Erskine, Yonge & Eglinton
  • Avani 2 at Metrogate, Kennedy & Hwy. 401
  • Selene at Metrogate, Kennedy & Hwy. 401
  • SQ2 at Alexandra Park, Spadina & Queen
  • FORM, Queen & McCaul
  • Scala, Leslie & Sheppard
  • Sherwood at Huntington, Bayview & Lawrence

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Evermore: Grand Opening! Experience Tridel's Newest Etobicoke Condominium

Experience Tridel’s newest Etobicoke condominium – Evermore

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Experience Tridel’s newest Etobicoke condominium – Evermore

Condominium living should inspire ways for residents to live more, and that’s exactly what Tridel is offering at Evermore, its latest condominium in Etobicoke.

“When designing Evermore, we were driven by this ‘more is more’ concept, and designed flexible suite layouts that can be uniquely tailored to the needs of our homeowners,” says Jim Ritchie, Tridel’s executive vice-president, sales and marketing.

Empty nesters, families, and young professionals were among the potential purchasers whose lifestyle choices influenced and impacted the design decisions at Evermore. Some of the design considerations Tridel has incorporated into the suites at Evermore include larger suite entryways (perfect for avid cyclists, passionate luggage-toting travellers, or parents with strollers) and doubling the laundry area (for storage or extra space for linens).

“We really examined how one suite layout could be customized in many different ways, depending on the person living in it, whether that be for more closet space, an at-home office, a craft room or a nursery,” notes Ritchie.

The amenity offerings at Evermore were also carefully considered to allow for maximum versatility and usability by a diverse range of residents, and to help create a sense of community as a natural extension of the home.

Amenities include a sound-proofed music room, a youth hub for teens to hang out with friends or do homework, a kids’ zone for young children, along with more traditional amenities such as a party room for entertaining, a fitness centre for the young at heart, and a rooftop terrace.

While there are many reasons to stay at home, jet-setting or commuting residents will find getting to and from home a breeze. Located at Eva Road and Highway 427, Evermore is minutes from the TTC Kipling Station, Pearson Airport and has convenient access to major transit routes including the 427, 401, QEW and Gardiner Expressway. There are also a number of restaurants, cafes and shops, including Sherway Gardens and IKEA.

Visit the Presentation Centre, located at 3326 Bloor St. W.. The Presentation Centre is open from 11 a.m. to 7 p.m. Monday to Thursday, and from noon to 5 p.m. weekends; closed Friday.

416.620.1887

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Evermore

Evermore

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Evermore

Introducing Tridel’s Newest Condominium Coming This Fall

More room to live. More room to play. More ways to celebrate with friends and family. More opportunities to connect.

Condominium living should inspire ways to live more, and that’s exactly what Tridel is offering at Evermore, its latest condominium in Etobicoke.

“Driven by this ‘more is more’ concept, Evermore offers larger suites with flexible designs that can be tailored to the needs of our homeowners,” says Tridel’s Jim Ritchie, Executive Vice President, Sales and Marketing. “Today’s buyers have been conditioned to believe that to purchase the condo of their dreams, sacrifices have to be made. That they can’t have it all. That size, amenities and lifestyle must be compromised for affordability. But we don’t agree. We think today’s buyers deserve it all, plus a little more.”

The amenity offerings, location of suite-mix types, and the floorplan layout designs at Evermore have each been carefully considered to allow for maximum versatility and usability by a diverse range of residents. Empty nesters, young families, and millennials were among the potential purchasers whose lifestyle choices influenced and impacted the design decisions at Evermore.

“We really examined how one suite layout could be customized in many different ways, depending on the person living in it, whether that be for more closet space, an at-home office, a craft room or a nursery,” notes Ritchie.

Considering the residents, Tridel has made design decisions like allowing for larger suite entryways (perfect for avid cyclists, passionate luggage-toting travellers, or parents with strollers), doubling the laundry area (for storage or extra space for linens) and the creation of multiple amenity spaces that appeal to specific building demographics, including a sound-proofed music room, a youth hub for teens to hang out with friends or do homework, a kid’s zone for young children, a fitness centre for the young at heart, and a rooftop terrace for residents who prefer more reasons to stay at home.

“At Evermore, there is something for everyone and through the thoughtfully-designed suites and amenities, we’re really hoping to inspire our residents to live a little more,” says Ritchie.

Visit the Presentation Centre, located at 3326 Bloor Street West. The Presentation Centre is open from 11 a.m. to 7 p.m. Monday to Thursday, and from noon to 5 p.m. weekends; closed Fridays.

416.620.1887

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Aqualuna

Aqualuna

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Aqualuna

Hines and Tridel introduce their new condo offering luxury and lifestyle by the lake

Imagine your mornings spent overlooking the lake, as sunlight dances over the water. Picture yourself surrounded by friends and family on the terrace enjoying drinks at sunset, the views unparalleled.

This is lakeside living at its finest – a rare opportunity to revel in the relaxed, urban lifestyle available to the residents at Aqualuna. Located at Queens Quay East and Lower Sherbourne, Aqualuna is the final phase of the master-planned Bayside Toronto community by Hines and Tridel. Featuring an architecturally stunning exterior of cascading terraces, Aqualuna is truly a crowning achievement, redefining luxury by the lake.

Inspired by the lake below, the wave-like terrace and balcony design for Aqualuna is the result of masterful geometric planning and a stunning blend of amenities and aesthetic. And nowhere is that more on display than in the exquisitely designed Terrace Collection.

Integral to the design of the Terrace Collection suites, was an expansive view of the waterfront and the city skyline. In response, the celebrated architects of Danish firm 3XN twisted the peaks of the two towers ever so slightly, allowing each to front onto the water, and for the angled facades to look past one another.

Due to the unique architectural shape of the towers, the majority of the floorplan designs in the Terrace Collection at Aqualuna are one-of-a-kind. The luxurious suites allow for ample natural light and are designed perfectly for entertaining, both indoors and out. The suite interiors range from 1,807 square feet to 4,622 square feet, and are available in a mix of two- and three-bedroom layouts, many with the option of a den.

But it’s the outdoor space that earns the terrace suites the distinction of being Aqualuna’s hallmark collection. Most suites feature multiple outdoor spaces in a mix of balcony and terrace options, with some terrace areas totaling up to 1,683 square feet.

And while the Terrace Collection delivers on elegance and luxury, the high quality of living doesn’t end at the front door of the suite. Aqualuna’s two luxurious lobbies are beautifully appointed, and the sixth floor amenities are first class; these sophisticated spaces allow residents to entertain alongside an outdoor terrace, complete with pool.

Bayside Toronto’s award-winning mixed-use community has clearly defined the future of lakeside living in Toronto. And Aqualuna’s arrival on the edge of the community, with the water gracing it on two sides, is the exclusive opportunity for which Torontonians have been waiting. Aqualuna elevates the everyday to the extraordinary, and the Terrace Collection truly redefines luxury by the lake.

Visit the Presentation Centre, located at 261 Queens Quay East. The Presentation Centre is open Monday to Thursday from 11 a.m. to 7 p.m., and from noon to 6 p.m. weekends; closed Fridays.

416.514.2710

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Tridel Unveils Smart Condominium

Tridel Unveils Smart Condominium

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Tridel Unveils Smart Condominium

Integrated wireless technology provides convenience, connectivity and peace of mind

Leading Canadian condominium developer Tridel unveiled its first smart condominium at Ten York, a newly completed 69-storey community in Toronto’s downtown core. Ten York features Tridel Connect, an innovative range of integrated smart home features designed to make condo living as convenient as possible.

Tridel Connect makes it easier to do everyday tasks like enter and exit your home, manage temperature settings and security, host guests and receive packages. It also allows homeowners to rely on voice and data connectivity within the building, a benefit that has become very important as a growing number of consumers no longer have landlines or cable and require robust wi-fi.

“Toronto is fast becoming a global technology hub and Tridel is keeping pace by introducing a range of tech-savvy amenities which are available to our customers today,” said Jim Ritchie, executive vice president of sales and marketing at Tridel. “With erratic schedules, 24/7 work demands and the nature of living in a bustling city, people are increasingly looking for ways to simplify their lives. A more connected home and community is one way to accomplish that.”

“Tridel Connect is the result of a collaboration with real estate technology company SmartONE Solutions, which helped us elevate Ten York beyond standard condo living, using smart building features,” explained Bruno Giancola, Tridel senior vice president, project management/innovation & sustainability. “Their platform uses a central network and integrates multiple systems to enable shared services and individual features for each suite. Ten York received industry recognition recently with a Multifamily/Residential Digi Award for Most Intelligent Building Project at the Realcomm conference held in Las Vegas in June 2018.”

Tridel Connect at Ten York offers the following features:

Home Connectivity

Adjust the temperature, set the security alarm and receive notifications about community events and services through an in-suite wall pad or remotely via a smartphone app.

Welcome Guests

A wall pad lets homeowners see and speak with guests before allowing them entry.

Suite Entry

No more keys. Digital door locks use a personalized access code for entry. Additional codes can be programmed for family members, friends, or service providers, like a dog walker. Homeowners can also assign nicknames to friends and family to keep a record of who has entered their suite, using the wall pad.

Manage Security

A camera view of select common areas and direct video communication with the concierge provides added security for residents (video is one-way to protect resident privacy).

Community Access

A personalized Bluetooth smartphone app unlocks common area doors as a resident approaches.

License Plate Recognition

License plate recognition provides automated entry to the parking garage for residents and registered guests—no fob or door opener is required.

Automated Parcel Delivery

Given the popularity of e-commerce, an automated smart locker system has been installed. When a package arrives, residents are sent a digital message and their package is held until it’s convenient for them to pick it up.

Managed Network

A dedicated team monitors and manages the sophisticated network infrastructure in the building to keep the system connected and running smoothly.

Robust, Reliable Connectivity

A distributed antenna system enhances voice and data connectivity for mobile devices within the building to ensure residents on even the highest floors stay connected.

Advanced Wi-Fi

All suites at Ten York include unlimited, ultra high-speed 500 mbps internet as a utility and high-speed guest internet is available in the building’s common amenity areas.

“Innovative, smart home technologies have benefits for all types of condo residents—from millennials for whom technology is second nature, to seniors looking for added security features, to families with young kids who can use a smartphone rather than a fob to come and go,” added Ritchie.

About Tridel

Tridel is Canada’s leading developer and builder of condominium residences with more than 80 years of homebuilding experience. To date, the Tridel Group of Companies is responsible for producing over 80,000 homes. Tridel is determined to develop condominium communities that meet the needs of today’s homeowners while safeguarding the well-being of future generations. The company is working to meet this goal by focusing on innovation including environmentally sustainable design, performance in construction and corporate stewardship.

Tridel is deeply committed to building the highest quality condominiums possible and has won virtually every award in the industry for design, customer service, sales, marketing, green building and construction excellence. Tridel looks forward to continuing this long, proud history of award winning excellence with over 20 new condominium communities currently under development in the Greater Toronto Area.

About SmartONE

SmartONE Solutions is a Toronto-based company that develops and integrates leading-edge digital solutions that allow builders and developers to advance digital living by offering customers secure, sustainable and convenient next-generation smart communities. Their technology agnostic approach supports collaboration with a variety of partners and enables solutions which are selected as an integral part of the next generation community experience.

Tridel.com


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