BOOKS

Finding the yuks in bucks

DEIRDRE McMURDY November 16 1998
BOOKS

Finding the yuks in bucks

DEIRDRE McMURDY November 16 1998

Executive Real Estate Advertising Supplement

MACLEAN'S TORONTO EDITION - NOVEMBER 16, 1998

Condominiums on Toronto's waterfront have been a sales success. At 5SO Queen's Quay, over 130 condos were sold since June '98 and traffic to the sales office is still strong.

A look at various

CONDOMINIUM

LIFESTYLES

FOR TODAY’S BUSY EXECUTIVE

Condominiums offer a lifestyle that places an emphasis on maximizing one's leisure time. Imagine not cutting the grass, shovelling the snow, painting the garage door, fixing your roof, raking the leaves, etc. Instead you can be enjoying a relaxing whirlpool,

working out or even playing virtual reality golf. Today's condominium builders offer an array of lifestyles for any age. We will look at locations on the waterfront, uptown Toronto and in the suburbs. Each location offers its own unique lifestyle. ►

There is a pride of performing at the top of your class.

There is the joy of playing at the top of your game.

There is the satisfaction of climbing to the top of your world.

But nothing compares to the pleasure of living at Newport Beach.

The beachfront condominium community that everyone is talking about has only a select number of its penthouse and townhome residences left.

Spaciously designed. Lavishly appointed. With lakefront views that go on forever. Newport Beach. For those who can live anywhere...but choose the waterfront.

TOWNHOMES FROM THE PENTHOUSES FROM THE

$450’s $330’s

FOR YOUR PERSONAL APPOINTMENT CALL 251-2599

OR USE THE FORM ON THE RIGHT

www.baker-re.com/newporthtm Exclusive Agent: Baker Real Estate

Prices and specifications are subject to change Building Magazine’s without notice. E. & 0. E.

Developer of The Year 1997

CANDEREL

STONERIDGE

Please send me more information about Newport Beach...

I I Penthouses Q Townhomes Q Other Canderel/Stoneridge developments '

Name________________i

Address____________________1

City/Town_ Postal Code_

Fax or mail this Confidential Information Registration card to:

Baker Real Estate Corporation 1320 Yonge St., Ste. 110, Toronto, Ontario M4T 1X2

Tel:(416) 923-4621 Fax:(416)924-5321 ¡

Executive Real Estate Advertising Supplement TORONTO EDITION

LEISURE

i) the SPICE of LIFE

The growing pressures of modern day life have made condominium living a preferred lifestyle for childless professional couples. The demand for more convenience and service has prompted condominium developers to be creative to attract purchasers to their locations. Today, the confidence by builders is enormous, according to Patrick O'Hanlon, an industry veteran and President of the Angus Glen Development Limited. "In 1997, there were 400 new home developments in the Metro GTA. In 1998, this has mushroomed to 600." The vast selection available can confuse and perhaps intimidate a buyer as they make their decision to purchase a condominium.

The first step is to determine the location and lifestyle desired. The purchase of a condominium lifestyle is a matter of personal taste. A review of six condominium developments will provide a sample of the different lifestyle choices available to purchasers.

Toronto's waterfront is undergoing a major redevelopment, with parks and beaches being created to revitalize this once-industrial area of Toronto. You can visit Newport Beach on Lakeshore Blvd. and Parklawn Rd. in Etobicoke to experience the beauty of waterfront living. This waterfront location has luxurious townhomes, apartments and superb penthouses to choose from. The lifestyle here offers romantic walks on the boardwalk, beautiful sunsets and

Tridel is Canada 's leading developer and builder of condominium residences, having produced more than 60,000 homes in its 60 years of operation.

Condominium townhouses provide the best of both worlds - the convenience of a condominium with the privacy of a house. The builder of Newport Beach, Canderel-Stoneridge, was awarded the Developer of the Year honor in 1997 from Building Magazine.

stunning lakeside views. Some of the more interesting amenities at this project are the cigar lounge, hobby/crafts room and guest suites for out of town family and friends. This project is a like an oasis in the city as it is 10 km from downtown Toronto and minutes from the airport. Andy Kowalsky, salesperson for Newport Beach, expects the site to be sold out by the end of the year, since more than 80 per cent of the suites are sold.

Ihis sales success has also been seen at Pacific Century's 550 Queen's Quay between Bathurst St. and Spadina Rd. in downtown Toronto. Here, you can dock your boat at Marina Key West (a public facility), and then jump into your outdoor hot tub to relax after a day of boating. Jane Mehlenbacher, Director of Sales states, "The vision for the project was to ensure that all residents will enjoy life to the maximum. You can live like a millionaire without the wait." The designs are an efficient use of space that provide buyers good value and they are romantcally inspired layouts.

Ilf you want to live near all the action, you can look to 123 Eglinton Ave. East by Tridel, one of the leading builders of condominiums in Toronto. This building is located three blocks east of Yonge St. and Eglinton Ave. This is right in the middle of one of Toronto's premier nightlife areas that includes restaurants, shopping and movie theatres. The prime location was formerly home to the Union Carbide building, which is slated for demolition. There is a limited selection of ground-level homes with their own outdoor patios, with street access through wrought iron gates.

The view from the sales office balcony at Newport Beach must be seen to be believed.

A Style Of Life

No. 10 Old York Mills Road offers 10 consummate reasons to own a residence in tke perfect neiglibourkocn

LOCATION — in Toronto s exclusive Hogg s Hollow, adjacent to superb amenities that compliment your lifestyle.

SETTING — an historic site, overlooking acres of York Mills Parkland and tbe Don River, with lovely views of town & country.

STATELY SUITES ~ a superb selection of outstanding residences (ranging from 817 to 2,750 sq. ft.)

FINEST STANDARDS ~ 9’ ceilings, premium

50 ounce broadloom, deluxe cornice mouldings, signature kitchen cabinetry with granite countertops, luxurious master ensuites with deep soaker bathtubs and much more.

24-1IOI R CONCIERGE ~ peace of mind features

including state-of-the-art electronic security systems.

AMENITIES ~ a sublime array of shops, fine dining and entertainment. Convenient to everything and just steps to the Yonge subway.

PARK TOWNHOMES ~ elite two level homes with

high ceilings and terrace walkouts.

INTIMATE SIZE — an elegant condominium residence of neo-classical design, built on a more human scale, offering 118 exceptional homes.

from $215,000 t0’over ^ 1 f000\000 y/1 BUILT BY TRIDEL ~ the last word in condominium

FOR AN EXCLUSIVE APPOINTMENT CALL 416.322.228^1_opAX:_

...A Life Of Style

CANADA'S LEADING BUILDER OF CONDOMINIU M CO M MUNITI ES FOR O V E^R

Executive Real E,itate Advertising Supplement TORONTO EDITION

Tridel offers a heated outdoor pool and barbecue area with patio seating and sundeck. The area will be landscaped with verdant shrubs, trees and plant life to provide a relaxing setting for the residents.

Ilf you are not a city person, but wish to live in a country-like setting, you can look to Daniels' Wellington Hall in Markham. Here, your suite can overlook the Rouge River Valley or you can walk through lush gardens on the landscaped grounds. To keep condo fees low the amenity package has been kept to a minimum. Another suburban development called Skymart West in Mississauga (by Tridel) offers a more active lifestyle. Here you can enjoy a vast array of amenities that include virtual reality golf, billiards, bowling, tennis, squash and racquetball.

NEIGHBORHOOD WATCH

A new neighborhood in Rosedale available for sale

Lifetime Homes opened 47 homes on November 7 in the posh neighborhood of Rosedale. These homes are located off Pricefield Ave. and Price St. to the east behind the Yonge and

Summerhill L.C.B.O. location. It offers a selection of semidetached and single-family homes. The sales office is located at 980 Yonge St and the phone number is (416) 960-1499. This is your chance to create a Rosedale dream home without the hassle of renovations and it has a newhome warranty. Imagine that!

Whatever lifestyle you aspire to there is most likely a condominium that suits your needs in the location you want. Most of the sites reviewed have a private club for the residents and all can accommodate a home office for the busy executive. There is even a boardroom available in some buildings. The sites reviewed in this article are just an indication of what to expect when you start your shopping. The advantage of condominium living stresses leisure, as owners are no longer burdened with the day-to-day upkeep of a traditional home.

33 DELISLE AVENUE

If you are an executive who has made it to the top, you can visit 33 Delisle Ave. at Yonge St. at St. Clair. This mid-rise building, just recently opened, offers elegant and richly appointed suites for the discriminating buyer. There are private terraces in the penthouse suites and the townhomes have patios. Many suites have unique bow windows and French doors that lead you to your balcony or terrace. You can also have a fireplace in your suite, a lovely feature not often found in high-rise condominiums. The architect is the internationally renown firm of Page & Steele, that has designed other prestigious landmarks in the city that including the Prince Arthur in Yorkville and the Windsor Arms. The architecture is reflective of the Georgian character of the commercial buildings nearby.

The model suite at 33 Delisle creates an ambience of refinement and sophistication from an earlier era. The interior of the building has been designed by Alex Chapman Design, a firm that has won numerous design awards.

■ Sales of condos in 1996 were 5,909 suites. In 1997, it was 9,253 suites - a 57 per cent increase. In the first half of 1998, sales were 5,797 - a 25 per cent increase over the first half of 1997.

To date, in 1998,38 per cent of all new homes sold are condominiums.

Source: Greater Toronto Home Builders Association

■ “Today the condominium lifestyle is as popular with empty nesters as it is with single professionals and couples buying their first homes. For those wanting a downtown address at an affordable price, condominiums are a great alternative.”

Kent Wengler, Greater Toronto Home Builders Association

■ Veronica Lord, vice-president of Baker Real Estate Corporation states: "Condos are popular amongst families that own multiple homes. They want a home that is easy to care for while they are away." She estimates that 10 per cent of the over four million residents in the Metro GTA fit this description.

ALLEGRO

Striked the right note on Bay St. in

DOWNTOWN TORONTO

llegro is the newest building / % of a spectacular, five-phase luxury development in the heart of downtown Toronto at Bay and Wellesley, nestled around its own neighborhood park.

This 27-storey tower has 16 suite designs ranging from a unique 476 sq. ft. bachelor, to a 1,480 sq. ft., three-bedroom masterpiece. Suites have balconies or terraces, ceramic and marble accents and individually controlled heating and air conditioning. Each suite is also hard-wired for high-speed Internet access.

Several brand new studio and corner one-bedroom designs have just been released, along with a limited number of luxury penthouses.

As an Allegro resident, you will love coming home to your elegant lobby and being greeted by the 24-hour concierge.

There is a comprehensive security system and a host of social, fitness and recreational amenities.

Allegro's great location means world-class shopping. BloorYorkville is just minutes away, as are theatres and fine dining, university campuses and north-south/eastwest subway connections.

Allegro at Opera Place is being created by two of Canada's finest developers; Goldlist Properties Inc. and Korank Development Corporation...your assurance of the finest quality in every detail.

Prices range from $100,000 to $326,900. Visit the Sales Centre at 909 Bay Street at Wellesley, call (416) 928-6999, or log on to www.operaplace.com/allegro.

A Summary of Recreational Amenities of the Six Featured Condominiums

imagine a personal spa bath to luxuriate in every day.

imagine customized floorspaces ... designed for your individual lifestyle.

indulge in it at 550 Queens Quay West.

where innovative space design meets the ultimate waterfront location.

at prices that are

wonderfully

attainable.

wish YOU were here.

PANORAMIC LAKE VIEW SUITES WITH OVERSIZED BALCONIES FROM

$186,000

FABULOUS DOWNTOWN VIEW SUITES FROM

$109,000

UNIQUE CUSTOM DESIGNS

DINNER-FOR-FOUR BALCONIES

-GOURMET ISLAND KITCHENS

» ACTIVE RESORT-LIKE LIVING

PERSONAL SPA BATHS

THIS IS YOUR ACTUAL LAKE VIEW.

.PHOTOGRAPHY1 SHOWS ACTUAL VIGNETTES IN SALES CENTRE

Queens Quay West

VISIT OUR WEBSITE AT: www.500qqw.com

PRICES AND INFORMATION CORRECT AT TIME OF PUBLICATION HOURS'. MON-THURS NOON TILL 7.00/ SAT-SUN NOON TILL 5.00 OR BY APPOINTMENT

NEW SALES OFFICE AND 2 FABULOUS NEW FURNISHED MODEL SUITES

AL.LL.ÇÏZ.Û

AT OPERA PLACE

BAY & WELLESLEY TORONTO

INCREDIBLY

PRICED

FROM THE LOW

$100,000s

www.operaplace.com/allegro

928-6999

Sales Office:

925 Bay,

At Wellesley

A Goldlist/Korank Development Baker Real Estate Exclusive Broker

Prices and specifications subject to change without notice. E. & O. E. Brokers protected.