Link Condos + Towns Exterior
In the burgeoning City of Burlington, ADI Development Group offers The Link Condos + Towns, and at Baker Real Estate Incorporated, we are extremely excited to be preparing for the launch of Phase 2 at this popular community. The first phase has been hugely successful for many reasons. The condominium market in Burlington is relatively new, and obviously, there is pent-up demand for carefree living in the area. The condominium is attracting buyers from a variety of backgrounds, all of whom are delighted to have this kind of residential option in the city they love.
Situated at Dundas Street and Sutton Drive, The Link is “linked” to Bronte Creek Provincial Park and boasts the beautiful Bronte Creek as part of its setting. RAW Design is the architect for this beautifully modern condominium in a one-of-a-kind location. The Link offers luxury through and through. A well-appointed two-storey amenity centre will house party room, kitchen, lounge, dining room, fitness facilities, pools, sauna and terrace.
Sales are brisk, so if you would like to be part of this incredible condominium community, act now. The Presentation Centre is located at 5210 Dundas Street West. For more information, visit www.adidevelopments.com.
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A recent media report has pointed out that optimism about Canada’s real estate market is stronger than it has been in over six years. Bloomberg, the trusted site for business and financial market news, conducted a poll in collaboration with Nanos Research Group and discovered that the number of Canadians predicting higher home prices over the next six months rose to 47 per cent – 10 percentage points higher than April, and the highest since the survey was initiated in 2008. Apparently, Canadians are rejecting the idea of the market slowdown some experts predicted.
The Canadian Real Estate Association reported that across Canada, home prices rose 8.1 per cent during the first five months of this year. If this consumer confidence continues, we may see them climb higher. Buyers are interested in capital gains, and they are taking advantage of historically low mortgage interest rates. In 2012, we saw a temporary slowdown when the government tightened the rules for borrowing, but the market quickly recovered. When you consider stocks, Canadian lenders have proven among the best performers in the world, and they hold more than $1 trillion worth of mortgages. Within that context, over the past year, Canada’s six largest banks have ranked among the top-10 stock performers of banks across North America.
The message is clear: owning a home in Canada is still one of the best investments people can make in their financial portfolios.
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If you are looking for a condominium in the burgeoning west end of Toronto, check out the fabulous mid-rise residences Streetcar Developments has to offer. Both are located in the city’s dynamic Art & Design District around Queen Street and Gladstone Avenue. Life in this vibrant area teems with activity in and around its bistros, cafés, bars, boutique shops and galleries, and residents appreciate the area’s handy transit links. For each residence, Streetcar has teamed up with Dundee Realty Corporation, TACT Architecture and Seven Haus Design to provide unparalleled quality and design.
The Carnaby is part of Streetcar’s collection of residences that will be centred around a European-inspired courtyard. The company’s popular 2 Gladstone and 8 Gladstone paved the way for The Carnaby, which features an 11-storey loft residence with some two-storey suite designs, and a 20-storey tower with spectacular penthouses. A dark-clad podium anchors the mid-rise tower, which is highlighted by vertical balcony detailing that culminates in lobby highlights at the lower levels. Visit CarnabyLofts.com.
Streetcar also offers seven-storey TWENTY Gladstone, the final addition to the company’s Queen West neighbourhood. Residents will enjoy outstanding amenities including an outdoor rooftop terrace and a state-of-the-art gymnasium. Reminiscent of Soho, TWENTY Gladstone is connected to the other towers by a courtyard and European-inspired, pedestrian-friendly landscaped mews where residents can walk pets, push carriages, jog, cycle and even shop in the ground-level retail and studios lining the laneway. Among these are the Metro grocery store and gallery space in The Carnaby’s ground floor. An urban park forms part of the appealing surroundings. Visit TwentyGladstone.ca.
Guided by the motto “Rethink Urban Living,” Streetcar is known for creating beautiful modern buildings in emerging neighbourhoods. The Carnaby and TWENTY Gladstone are exciting examples that are a must-see for savvy condo shoppers.
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In Toronto’s West Don Lands, the fabulous Canary District community is well under construction, and the site is a hotbed of activity. It is rare in our city that developers build before launching sales, but Dundee Realty and partner Kilmer Van Nostrand did just that. This visionary neighbourhood has certainly captured the imagination of both investors and end-users for numerous reasons, especially the community’s connection with the 2015 Pan Am & Parapan American Games.
If you are thinking of visiting the site to have a look, now is the perfect time, as the new Presentation Centre at 398 Front Street East is a sight to behold! As you walk up to it, you will notice how wide the community boulevard is and really gain an appreciation for the impact Canary District is having on the area. You will also realize why this community has such a high Walk Score® when you notice how many amenities are just steps away, and why it was chosen BILD’s 2014 Community of the Year – High-Rise!
One of the major draws to Canary District is its proximity to newly opened Corktown Commons park, which features a playground, amphitheatre, splash pad, pavilion and hundreds of trees! This fits well with the developers’ master plan, which promotes health and wellness. The pedestrian-friendly neighbourhood’s tree-lined boulevards and walkways will encourage residents to leave their vehicles at home. Just steps away, they will have a YMCA, George Brown College student residences, retail stores, cafés, restaurants, recreational services and other parks. The recently restored Distillery District is also just a brief stroll away.
Two LEED® Gold-certified buildings will house the athletes before being repurposed as a condominium residence. Sales thus far involve the spectrum of buyers from first-time, move-up, re-sizing and investors. The one, two and three-bedroom (some with dens) suites come with high-quality standard finishes. The newest building, Canary Park Condominiums, is attracting major attention.
To find out more about your current residential choices, visit CanaryDistrict.com or call 416-603-7576.
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Condominium shoppers who love to travel should check out the opportunities at 2221 Yonge, the incredibly successful residence at Yonge and Eglinton. For a limited time, Tower Hill Developments is offering an incredible “Be-a-Jetsetter Sales Event.” Purchase a suite with a 10 per cent down payment, and receive a free trip to a world-class city! This is a wonderful incentive, especially as the suites in this beautiful tower are named for wonderful cities around the world. Buyers will be flown to the city their suite is named after. Ask as well about Tower Hill’s current two-year rental leaseback and two-year free maintenance programs, which have attracted a lot of attention.
2221 Yonge is being created by an all-star design team. For the exterior, Tower Hill enlisted Manhattan-based Pei Partnership Architects and Toronto’s Quadrangle Architects to design the interiors, and the result is stunning. Rising to 50 storeys from a six-storey podium, the building will feature recessed terraces and beautiful balconies, adding tremendous visual interest to midtown Toronto’s residential landscape. Munge Leung has designed the spectacular interiors to appeal to savvy young buyers.
In addition to retail venues at ground level, residents will have access to fabulous amenities in the 56th floor lounge called Halo. For more information, visit 2221 Yonge in person; check out the website at 2221yonge.com or call 647-350-2221.
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Yonge + Rich
In one of Toronto’s most exciting locations, Great Gulf offers a unique and multi-faceted opportunity to live close to an amazing array of amenities. Named the 2014 “Project of the Year – High-Rise” by BILD, Great Gulf’s Yonge + Rich community at Yonge and Richmond Streets is steps from Air Canada Centre, Rogers Centre, shops, restaurants, Toronto Eaton Centre, Dundas Square, St. Lawrence Market, TIFF Bell Lightbox, access to the PATH System … I could go on and on.
You just have to see the architecture that will set these condominiums apart as something special in the city. Created by acclaimed architect Peter Clewes of architectsAlliance, the exterior has wraparound balconies that are staggered in an almost Aztec pattern in some areas, and on the south side of the community, a pair of four-storey red-brick 19th-century heritage buildings will be restored and incorporated. This marriage of the old and new is incredible. Residents will enter through a breathtaking double-height lobby, and the numerous amenities extend to Movement Haus, a programmed full-service fitness/health and wellness centre.
The Presentation Centre is open for Yonge + Rich, the first of the two distinct condominiums that will inhabit this same location. Yonge + Rich offers chic suites on floors 2 through 33, priced from $280,990. Coming soon, 20 Lombard will feature 150 private residences from the 34th floor up. The layouts of these suites are truly gorgeous, and there is something for everyone.
The selection of suites is great, too, and the prices are fantastic. Remember that suites in the podium often offer more space for better prices, because as you go up in floors, you pay a premium. To check out the beautiful possibilities, visit www.yongeandrich.com or www.baker-re.com.
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Twenty-five years ago, who would have thought that Canadian home-buyers would someday be receiving mortgage rates under 3, and even 2 per cent? For those of us who purchased when rates were into the double digits, it’s incredible. I mean, those are the kinds of rates our parents and grandparents had when they bought homes. What’s even more unbelievable is that many experts predict these low rates will be a reality for a long time to come.
I say Bravo to Canada for upholding stringent banking fundamentals that require mortgage insurance if the principal amount of the mortgage results in a loan-to-value ratio greater than 80 per cent. Our Canadian lenders typically keep mortgages on their books rather than selling them, and our conservative underwriting standards have set the bar for half of the world. We are so fortunate to live in a country that avoided the sub-prime debacle our friends south of the border experienced.
Whether you are a first-time buyer, move-up buyer, right-sizing empty-nester or investor, if there was ever a great time to buy a new home or condo, it’s now!
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