#InsidetheGTA – what's happening in and around Toronto

By Susan Legge
December 17, 2020

Those looking for an affordable respite from the GTA will find the community of VineRidge in Prince Edward County very appealing. This boutique townhome project by FLC Investments is located close to wineries, Sandbanks Provincial Park and Picton Golf and Country Club. It’s also less than five minutes away from the essential amenities of Picton’s charming downtown core. Prices start from $275,000 according to the website. vineridgetowns.ca

A peek at Reina’s family-friendly amenities

New details about Reina, the new condo community coming to Etobicoke designed by Canada’s first-ever all-female development team, have just been released. The amenity spaces, which are based on consultation with Toronto women from all different walks of life, include family-friendly spaces that women actually want and need in a condo. reinacondos.com

1 Stroller parking
No more obsessing about where to park a double stroller

2 Thicker walls
Ensuring nap time offers quiet time for everyone

3 Space for multi-generational living
Room for everyone – such as grandparents and in-laws

4 Kids’ playroom
Integrated into the condo gym with a “loud room” with soundproof wall

5 Snack shack
A place to find healthy and basic food items when you need them

Did you know?

Our 2021 calendar is here! We hope you enjoy this year’s selection of designs.

Lanterra seminar series features top economist

Lanterra Developments’ Chairman Mark Mandelbaum recently checked in with one of Canada’s top economists, Benjamin Tal, deputy chief economist for CIBC World Markets.

Tal talks about what he calls the “most asymmetrical recession ever” and how important government policy is, particularly for those industries that were not able to recover in the summer, as we head into what he calls “the darker days of winter.”

The good news? The number of industries heavily impacted by the pandemic is much lower than what we’ve seen in any other recession, he says, and the real estate industry is one of them. Tal believes we will get to the other side of the crisis by the second half of 2021 and that the small decline in housing sales has made this “a housing-market friendly recession.”

You can watch the seminar, entitled “The Virus, The Economy, and The Housing Market,” on Lanterra Developments’ YouTube channel. Future webinars are planned as part of this ongoing series and there are several others to view.

3 condos coming to Yorkdale

A new condominium development may be replacing the Holiday Inn across the road from Yorkdale Shopping Centre.

According to The Gupta Group’s website, plans are afoot to replace the 50-year-old hotel with three new condominiums which would include more than 900 residential suites and townhomes.

The location offers excellent access to transit and Hwy. 401, as well as Yorkdale — one of Toronto’s biggest shopping malls.
A daycare for the community and private indoor and outdoor amenity spaces are also planned.

The Perch sales office on Kingston Road under construction in November

Parkland is a plus at Perch

Where “vibrant city meets the outdoors,” the brightly painted Perch condominium sales office is beginning to taking shape on Kingston Road in Scarborough. The new community is located in the Highland Creek area of Toronto, known for the winding trails, ravine and scenic look-outs around Colonel Danforth Park and Rouge National Urban Park. The 168-suite condominium is being built by Firmland, a Toronto-based multi-discipline real estate firm. The project will include one-, two- and three-bedroom suites with scenic and city views. Registration is happening now. perchcondos.com

I’m always looking for events and new happenings to explore. Send your tips to: susan.legge@nexthome.ca

About Susan Legge

During her journeys around world of real estate, Susan has seen the good, the bad and the unbelievable as an investor, renovator and homeowner.

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