Toronto Trump tower’s investor revolt bigger than thought


Ten months after hotel-condo units at the Trump tower were registered, fewer than 20 per cent of buyers have closed on their deals.

 Well over a year after Toronto’s Trump International Hotel & Tower officially opened, investors in more than 200 hotel-condo units have yet to close on their suites in the troubled project.

This fact, which is just hinted at in a recent court filing, means rookie developer Talon International has yet to collect final payments on all but about 50 of the 261 hotel-condo suites in the 65-storey luxury landmark.

It also means that Talon International is still on the hook for many of the day-to-day costs of running those units, including maintenance fees averaging well over $3,000 a month and commercial taxes on the roughly $800,000 units, which are three times the residential tax rates.

Since opening, the landmark lux hotel has been hobbled by an investor revolt and a $40-million lawsuit launched last fall by purchasers of some 25 units who claim they were victims of “an investment scheme and conspiracy.”

Talon, which is controlled by Russian steel magnate and rookie hotelier Alex Shnaider, has denied those allegations.

It has launched countersuits against investors, saying buyers were warned that real estate — and hotels — can be risky businesses.

Talon acknowledged Friday that “fewer hotel condominium units were closed than originally expected,” it but added that the hotel-condo units, which are rented out for overnight stays, “are a real estate investment of Talon and generate cash flow.”

The company noted it also has the investors’ deposit money.

It also stressed, through an email statement, that other condos in the building have closed or are up for sale. That refers to 118 more conventional residential units, although it’s unclear from Talon’s statement how many buyers of those units have taken title.

The hotel-condo units, on the other hand, are part of a rental pool, and investors had expected to get returns based on room rates of more than $500 per night and occupancy rates of at least 55 per cent, as set out in marketing materials graced by Donald Trump’s smiling face.

Instead many investors walked away because they can’t get mortgages on units that banks consider commercial rather than residential real estate or because they can’t afford the monthly maintenance fees.

“Trump International Hotel & Tower Toronto continues to be adequately financed, Talon continues to remain in control of the project with the full support of its lenders and there are absolutely no concerns whatsoever with respect to the financial condition of this project in any regard,” Talon said Friday.

“Since launching in 2004, Talon has made it its mission to ensure Trump International Hotel & Tower Toronto is a world-class building that will stand the test of time. Nothing has changed in that regard, and the company continues to provide the highest level of service and amenities to both residents and guests to the hotel.”

Last fall Toronto lawyer Javad Heydary launched a lawsuit, which seeks at least $40 million and the return of deposits, on behalf of some 38 investors who bought about 25 hotel-condos they expected to generate income.

Instead, the lawsuit alleges, they found themselves unwitting partners in a money-losing hotel operation, saddled with sizable costs — through their common element fees — of running a restaurant, spa and other amenities.

Lawyers for the investors have been asking Talon for months for detailed financial disclosures of those costs and others.

In an amended statement of defence filed July 26, Talon takes the view that because the plaintiffs have sought to rescind their deals they aren’t “owners” and therefore not privy to any financial details.

It’s in that document, filed with the Ontario Superior Court of Justice, that Talon hints at the magnitude of the investor revolt. Talon notes that the hotel-suites, which were registered as a condo corporation in October, 2012, have a condo board. But it still has no owners on it because “Talon has not at this time transferred 20% of the units in the corporation” to owners.

That is “unusual” for units that were registered so many months ago, said real estate lawyer Bob Aaron, who has clients who walked away from Trump hotel-condo units.

Two major Toronto condo developers said it’s almost unheard of to have so few titles on units transferred to owners 10 months after project has registered. (The hotel was officially opened in April, 2012 by Trump and his family.)

Closing monies are critical, they said, in satisfying lenders that the project is financially sound. The proceeds are used to repay construction loans.

Even the construction process has turned out to be costlier than Talon expected, according to other legal documents filed with the Ontario Superior Court of Justice.

At the peak, there 14 outstanding construction liens against Talon, the last of which was removed in January, 2012, after Talon had paid some $200,000 in costs.

In June, one of the co-founders of the project, Val Levitan, stepped down as CEO. He’s been replaced by Neil Labatte, a highly regarded former Fairmont Hotels executive.

Migraines Linked to Artery Networks in Brain


Migraine sufferers are more likely than other people to have an incomplete network of arteries that supply blood to the brain, researchers have found.

It was once believed that migraines were caused by dilation of blood vessels in the brain, while more recently it has been attributed to abnormal brain signal activity. This study suggests that blood vessels play a different role than previously suspected.

An incomplete network of arteries may increase a person's susceptibility to changes in brain blood flow, contributing to the abnormal brain signal activity that triggers migraines, according to the University of Pennsylvania researchers.

For the study, the investigators used a special MRI method to measure changes in blood flow in the brain, as well as magnetic resonance angiography to examine blood vessel structure.

"People with migraines actually have differences in the structure of their blood vessels -- this is something you are born with," study lead author Dr. Brett Cucchiara, an associate professor of neurology, said in a university news release.

"These differences seem to be associated with changes in blood flow in the brain, and it's possible that these changes may trigger migraine, which may explain why some people, for instance, notice that dehydration triggers their headaches," Cucchiara said.

The study included 170 people in three groups: those with no headaches, those with migraines with aura and those with migraines without aura. An incomplete network of arteries in the brain was found in 73 percent of people with migraines with aura, 67 percent of people with migraines without aura and 51 percent of those who were headache-free.

Arterial network abnormalities were most common in the back of the brain, where visual images are processed. This may explain why the most common migraine auras consist of visual symptoms such as seeing distortions, wavy lines or spots, the researchers said.

The study was published recently in the journal PLoS One.

Because both migraine headaches and the types of arterial structures seen in the study patients are common, Cucchiara's team noted that the association does not prove a cause-and-effect relationship. It is likely that the incomplete network of arteries is just one of many factors that could contribute to migraines, they said in the news release.

Taste of the Danforth

Dates: August 09, 2013 - August 11, 2013

Location: Danforth Avenue 

Price Summary: Tickets are not needed. Simply pay individual vendors. 

The Taste of the Danforth festival celebrates the multicultural diversity of Toronto. From mouth-watering Greek cuisine like souvlaki and spanakopita (spinach pie) to Thai, Indian and Cuban fare, this street festival in the heart of Toronto’s Greektown satisfies hungry mouths summer after summer.

There’s also tons of family-friendly activities at different stages across the Danforth. There’s musical performances, traditional Greek dancing, challenges from professional Toronto sports teams and more.

On August 10th at 1:40 p.m. there will be an attempt to set the Guiness World Record for the largest Zorba dance ever all along the Danforth!

For more information on all the fun events and celebrities that will be at the Taste of Danforth this year, take a lot on their website!

Family Fun in the City


Giant Pandas at the Toronto Zoo

Exhibit now open!
Go wild over Da Mao and Er Shun, the Toronto Zoo’s visiting giant pandas. Thanks to top-level “Panda Diplomacy” (a joint Chinese-Canadian conservation project), the breeding duo now call Toronto home for an extended stay.

Canada’s Wonderland
It’s where families come to spend quality time with each other and their good friends, g-forces.

Toronto Islands/Centreville
Centreville in now open.
A 10-minute ferry ride is all that stands between you and one of your most relaxing days in Toronto. Explore the Toronto Islands by bike, enjoy a picnic on Centre Island or spend the day with the kids in the Centreville amusement park.

Mesopotamia at the ROM
Royal Ontario Museum (ROM)
Travel back in time at the Royal Ontario Museum with an exciting exhibit that’s new for 2013. Bring the kids and learn about what life was like as you explore Mesopotamia.

Game On 2.0: An Exhibition
Ongoing
Ontario Science Centre
Play your way through the history and evolution of video games with over 150 influential games. Game On 2.0 focuses on key game developments between 1962 and today, and takes a global perspective at gaming’s fascinating past and limitless future.


FESTIVALS & EVENTS

Scotiabank Caribbean Carnival

July 9 – August 4
The Scotiabank Caribbean Carnival Toronto, formerly Caribana, is the largest cultural festival of its kind in North America. A true celebration of Caribbean culture, cuisine, and arts, the pulsating rhythms and melodies of Caribbean music can be heard throughout the city.

Canadian National Exhibition (CNE)
August 16 – September 2
From midway rides to the International Marketplace. From corn dogs to the iconic air show. The Canadian National Exhibition has been the highlight of summer for Torontonians for years. Young and old, big and small gather to take part in what has become a true cultural event.

- See more at: http://www.seetorontonow.com/attractions/family-fun-in-the-city/#sthash.OchRMzFh.dpuf

Muslims in Toronto & worldwide celebrate Eid al-Fitr


Muslims in Toronto and around the world are celebrating Eid al-Fitr, Thursday.

The celebration marks the end of the holy month of Ramadan in which most Muslims fast from sunrise to sunset for 30 days.

Eid is marked with three days of festivities, including prayers and savoury feasts.

In Toronto, around 15,000 people were expected to gather at the Metro Toronto Convention Centre to mark Eid.

The event featured a ritual morning congregational prayer, followed by a full day of carnival rides, shows, a bazaar, and of course, food.

Organizers collected donations to make sure 150 low-income families could join in on the party.

In Indonesia, the world’s most populous Muslim nation, cars were seen driving around the capital, Jakarta, handing out envelopes to the poor. Hundreds also gathered in a landmark traffic circle downtown to watch the impromptu firework displays.

In the Vietnamese capital, Hanoi, about 100 Muslims braved a stormy morning to pray at the city’s sole mosque on the edge of the city’s old quarter. The Vietnamese imam gave a sermon in Arabic and then English to the congregation, most of whom were expatriates. Vietnam is also home to some 60,000 indigenous Muslims, most of them in the south.

However, not all countries begin celebrations on the same day. India, Pakistan and Bangladesh, for instance, are expected to officially begin Eid on Friday after the moon is sighted there.

Muslims believe God revealed the first verses of the Qur’an to the Prophet Muhammad during Ramadan, which starts with the sighting of the new moon. The Muslim lunar calendar moves back through the seasons, meaning Ramadan starts 11 days earlier each year under the Western calendar.

http://www.gtaeid.com/index.html

Exodus to the burbs: why diehard downtowners are giving up on the city

The reasons to abandon the overcrowded, overpriced, not-so-livable city are beginning to outnumber the reasons to stay. More and more of us are tempted by the 905 and beyond. Screw Jane Jacobs. We’re outta here.


Brian Porter and Carrie Low thought they’d hatched the perfect plan to avoid the eight-lane gridlock they faced every week on their drive to the family cottage in the Kawarthas. Porter, a soft-spoken 41-year-old Toronto firefighter, would arrange his work schedule to be home on Friday. He’d pack the car at noon and pick up his daughters, Lily and Amelia, from daycare shortly after lunch. Then, rather than head from their home in the Beach to pick up Low downtown, he’d drive to a strategic pit stop in Oshawa. Low, a slim 41-year-old redhead, works as a lawyer with RBC in the financial district, her days and nights packed, respectively, with meetings and paperwork. Her role in the escape plan was to get off work early and catch the GO train to Oshawa Station. Often, she’d end up working a pressure-packed day until 5 p.m. anyway, leaving Porter and the girls waiting at the station for hours. In the end they never gained that much time—it could still be a challenge to get to the cottage before nightfall. But at least they’d avoided the worst hours on the DVP and the 401.

Porter and Low’s weekend escape strategy was symptomatic of their over-engineered city lives. To juggle all their needs and obligations—two careers, mortgage payments, bills, kid drop-offs and pickups, groceries, meals—they had built a life that resembled a Rube Goldberg machine, and any misstep threatened to collapse the entire contraption. Grandparents were often called in to shuttle the kids to lessons and play dates and birthday parties. “My mother-in-law would phone me at work and ask, ‘Where is Amelia’s dance outfit?’ and my stress level would go through the roof, ” recalls Low. “I’d say, ‘Why are you calling me at work for this? It’s in the house somewhere. Don’t ask me, ask Brian.’ ”

Porter’s more flexible hours allowed him to handle most of the household duties (he typically works seven 24-hour shifts every four weeks), while Low would often leave the house at 7 a.m. and return 12 hours later. When Porter was on shift Low would pick up the slack, but the moment he returned she’d play catch-up at work. They didn’t realize, at first, that the routine was taking a toll on their marriage. “Sometimes I’d come home from a shift and she’d hand me the baton and head out the door,” Porter recalls. “I’d barely be able to stand up, but I’d feed the girls and send them off on their day. Carrie and I were like two ships passing in the night.” You might even say they were behaving like an already-divorced couple sharing care of the kids. “If we kept it up, I could not be sure that we would still care about one another five or 10 years down the road,” says Low.

The problem, they decided, was not each other or their careers or their kids, but the city itself—a surprising diagnosis given that they had both grown up in Toronto, happily, in the Beach. They bought their 1,600-square-foot detached home on Benlamond because they wanted to raise their family there, too. “The Beach tends to keep people,” says Porter. “I can walk along Queen East any day of the week and meet friends from high school who run businesses on that street.” But living in the city required too many contortions. They decided to divorce it.

They spent months searching for a new home, pushing the outer boundaries of the GTA as they went. Low was adamant: “I didn’t want a suburban house.” In the end they moved as far away from Toronto as they possibly could for a couple whose livelihoods still depended upon the city: Cobourg, the Lake Ontario town with its own lovely beach and boardwalk, just this side of Prince Edward County. The only thing separating the gigantic walkout basement of their new, 2,700-square-foot detached house from the Lake Ontario waterfront is a municipal park. And the cottage run is a one-hour scenic drive along quiet secondary highways.

The New Suburbanites

Toronto enjoys a reputation as a very livable city, but that reputation doesn’t entirely reflect reality. The enduring illusion was born in 1971, the year the city killed a proposal to build a Spadina Expressway—a hard-won victory that endowed Torontonians with a set of shared ideas about what city life ought to be. We don’t merely walk Jane’s Walk, we talk Jane’s talk—the Jane in question being, of course, Jane Jacobs, the urban theorist, author of the 1961 seminal work The Death and Life of Great American Citiesand long-time resident of Albany Avenue. Jacobs was at the centre of the Expressway debate, which framed the issue of urban living in ethical terms—not just the questionable ethics of razing neighbourhoods to build freeways, but the higher morality of choosing to live with less space, no car, up high, on foot, on transit, in parks. These are downtown values, and those of us who share them are downtown people.

Downtown values—living with less space, no car, up high—have ossified into a rigid ideology. Its propagandists believe the suburbs are an inferior moral choice

Forty years later, those values have ossified into a rigid urban ideology, complete with its own propagandists—Spacing magazine, Christopher Hume, Metro Morning—to sing its praises. The roles of victim and villain are set in stone: the saintly city struggles to keep the evil suburbs at bay. Suburban living is not merely an inferior urban form, but an inferior moral choice.

And yet the suburbs just keep expanding. The suburbs of the Spadina Expressway era—Etobicoke, North York and Scarborough—are now “inner suburbs,” and the “outer suburbs” are in the back of beyond: Cobourg, Newmarket, Barrie, Burlington, any place where people can settle while still making a living off the big-city economy. You could argue that some of these places are small towns, not suburbs. But the march of sprawl swallowed Port Credit and Oakville, and it will swallow East Gwillimbury, too.

These 19th-century towns—our new suburbs—look nothing like the cookie-cutter, cul-de-sacky wasteland of the downtown imagination

It often comes as a shock, even to those of us who move to the suburbs, when we decide to leave. For 39-year-old Kaelin McCowan, a lifelong north Toronto boy, and his wife, Crystal Asher, an ebullient 38-year-old chef from New Zealand, it was an impulse decision. Five years ago, McCowan was a camera assistant on a film shoot in Dundas, a leafy valley town just down the escarpment from Hamilton’s McMaster University. Every night that week, he returned to his and Asher’s Playter Estates home raving about it. “Dundas reminded me of my neighbourhood when I was growing up in it,” McCowan recalls. “It made me realize how much the city has changed.”

A few days later, McCowan came home with photos of the elegant colonial homes for sale in Dundas. “I quickly realized this was a campaign,” recalls Asher, speaking in a lingering Kiwi drawl. “He was pushing the idea in his typically north Toronto passive-aggressive way. I gave him a look and said, ‘Dude, we’renot moving to fucking Dundas.’ ” She felt she had everything she needed on the Danforth: lots of parks and playmates for her kids, as well as good daycares and schools—as good a community as you can find to raise your daughters.

But McCowan refused to let the idea die. He took Asher to Dundas with her father when he came to visit. “Kaelin said, ‘Look, they have a Cumbrae’s. There’s a nice cheese shop. Let’s put together a picnic.’ After that day, I thought, this wouldn’t be so bad.” She was also smitten with the size and quaintness of the houses—in particular, one three-storey gingerbread Victorian with a big magnolia tree in the front yard. They put their Playter Estates home up for sale during the low season of July just to see what would happen. It sold in a flash. Before they’d had a chance to absorb the magnitude of the change they were making in their lives, they were prepping an offer sheet on the same Victorian Dundas home.

There are many Cobourgs and Dundases scattered across southern Ontario: 19th-century towns built of brick and stone, with elegant and durable housing stock shaded by giant leafy canopies, picturesque old city halls and quaint, lively downtown commercial avenues. They look nothing at all like the cookie-cutter, aluminum-clad, cul-de-sacky, Mississaugish, soulless wasteland of the downtown imagination.

Bigger houses and wide open yards are only two reasons people are leaving for the new suburbs. They’re also leaving because they feel Toronto is becoming less and less livable. The evidence is in school closures, the daily battle to get to work, and rising user fees and long waiting lists for daycares, hockey rinks and other community amenities. The constant bickering at city hall over what service to cut next—snow removal, park maintenance or recycling?—reinforces the impression that the cash-strapped city is in a downward spiral.

Last year, Statistics Canada published a study showing that, for every person who moved from a neighbouring municipality into Toronto, 3.5 people made the opposite move. That’s a heart-stopping figure. Were it not for the constant arrival of people from other regions, provinces and countries into Toronto’s city limits—that is, an influx of people who don’t know what they’re in for—the downtown would be emptying out in a hurry.

They’ve raised the white flag on the perpetual stress management and mortgage-driven indebtedness of big city life

According to the StatsCan data, people aged 25 to 44 were most likely to move out, and between 2001 and 2006 some 95,700 of them did. We’re more likely to leave if our household income is between $70,000 and $100,000 (after tax), if we hold a post-secondary degree or if we recently became parents. Which only makes sense: six figures makes you rich if you’re childless, but quickly drops you down to middle-class if you’re raising a family. The only people who fit the demographic and are likely to continue living the downtown life are arts professionals and university profs. Otherwise, Toronto is losing many of its young, middle-income, professional, two-parent families.

Including mine. My wife Lynn and I, with our five-year-old son and his two-year-old twin brothers, have given up our teetering century-old Riverdale semi for a detached home with a big yard on a sleepy street in Peterborough (not yet an official suburb, at least not until the 407 and the GO network expand there as planned). Lynn, a recently minted general surgeon, was looking to set up a practice, and hospital staff positions in Toronto are scant. Then Peterborough came calling. Lynn was assiduously recruited. Initially I resisted, fretting about the loss of my friends and my professional social network—even though, with three small kids, I had long since dropped off the cocktail party circuit. In truth, I was battling the nagging fear that moving out of downtown signified some kind of defeat. Which it does: I have raised the white flag on the perpetual stress management and mortgage-driven indebtedness of big city life. It’s a happy surrender.


The New Suburbanites

When downtown people flirt with the idea of moving outside the city, which we all do, we are usually motivated by the mortgage math. How much more house can we get outside the city, we wonder, for what we’re currently paying for property in the city? The quick answer: a lot.

Porter and Low bought their home on Benlamond for $399,000, completed $75,000 worth of renovations, sold three years later for $620,000 and got a bigger, newer place that needed no work in Cobourg for almost the same price they originally paid on Benlamond. McCowan and Asher bought in Playter Estates for $439,000, sold for $672,000 and upsized to their new home in Dundas, steps from the city’s major park, for $557,000.

Lynn and I did well, too: we sold our 1,300-square-foot Riverdale semi for $663,000, or $223,000 more than we paid for it four years ago. In Peterborough we bought a place more than twice the size with three times the yard for $510,000. We were the only bidders, and we paid $20,000 below list price. Had we bought the same house in a Riverdale bidding war we would have paid triple that, and the mortgage would have consumed us. Instead, we now have a bigger house with a smaller mortgage. And a driveway larger than our old backyard.

Only after the transactions were complete did I realize I had long been denying a universal truth: space is, in fact, the best thing money can buy. I initially felt guilty when I admitted it, because the axiom runs counter to downtown values, which hold that density is good, neighbours are nice, space is for sharing and paying extra to park your car on the street in front of your house (or three blocks away from your house in winter when snow and ice complicate things) is fine. But even in the city, the axiom is true. Why else would real estate prices in Toronto be so exorbitant?


The New Suburbanites

Doug and Margaret Dunlop, who are in their late 30s, came to much the same realization, but only after making the most of every inch of city space they could afford. Doug trains front-line social service workers, and Margaret recently left her job as a social worker at the Toronto District School Board. They are childhood sweethearts from Ottawa with an outdoorsy streak: in 2002, while renting in the Annex, they built their own cedar strip canoe. In 2003 they split the cost of a $445,000 Withrow Avenue semi with Doug’s brother and his wife. “We bought just at the start of the Riverdale craze,” says Doug. “The property was already divided into two apartments. It was massive by Riverdale standards.” With only a tiny shed in their postage stamp–sized yard, they stored the canoe in the rafters of a neighbour’s garage.

When Margaret became pregnant with their second child, they decided to build a three-storey, six-figure addition. “Even then, it wasn’t enough space,” says Doug. Downtown dogma holds that big yards are unnecessary because we have parks everywhere. Though Riverdale is replete with parks, Margaret found that using them came with its own set of hassles. “You have to pack your bags with diapers, bottles, snacks, changes of clothes, all that stuff,” she says, only to cut the outing short so you can come home and hurriedly fix lunch.

So they sold in 2008 for $725,000 and split the proceeds. Doug’s brother and his wife bought another Toronto semi, this time in Leslieville. Doug and Margaret moved to Uxbridge, another one of those leafy 19th-century towns, this one north of Pickering, and bought a 140-year-old house on a corner lot with a detached two-car garage—and lots of room for canoe storage—for $365,000. Their then four-year-old son, Jack, found the transition to the suburbs bewildering. “Jack’s a real city kid,” says Doug. “He loves books and restaurants. He stood in the middle of the yard like he didn’t know what to do with himself. I just thought, go ahead, be a kid! Throw a rock!”

The new suburbanite exodus has created a two-tier market in the outer GTA’s small towns. Prices are generally lower, but real estate agents assume people who earn their living in the city can afford much more. “There are prices for locals and prices for people with city jobs,” says Simon Heath, an entrepreneur and creative writer who coaches executives in public speaking and presentation skills (and whose novel, chapters of which are available on his website, is titled Escape From Toronto). He and his wife, Lilly Martin, a midwife, owned a semi at Greenwood and Gerrard. Their nine-year-old son, True, and four-year-old daughter, Evening, were bouncing off the walls in its tiny confines. The family felt the constant encroachments of the city into their private space. “The bus stopped right outside our house,” recalls Martin. “It was too noisy to have a conversation on our front porch.”

They sold their city home for $420,000, some $150,000 more than they’d paid three years earlier. They looked everywhere before settling on Creemore. “We thought we’d spend between 300 and 400 grand. What we found were lots of bungalows for around $220,000, and nothing at all in our price range.” They paid $600,000 for a 1950s ranch-style home on three acres of land, with glassed-in sitting rooms overlooking a guest house and an in-ground pool. Their driveway crosses an elegant bridge over a small river—the kind of features that are hard to find in the city. For that price, says Heath, “We could have moved two streets over in Leslieville and gotten maybe a bigger tree in our backyard.”

While Heath and Martin funnelled the dividend from the sale of their city home back into real estate, others made different investments. In Dundas, Asher and McCowan decided to sink some of their cash into their own start-up: Detour Roasters, a coffee-roasting business and café on King Street West in Dundas. Asher says the sale provided more than just seed money. “Living in Dundas gave us the mental space to come up with the idea,” she says. “And if it had failed, it wouldn’t have ruined us. You can’t afford to dream up ideas like that when you’re worried about making your next mortgage payment. Moving out here allowed us to be creative in ways we couldn’t in Toronto.”

Toronto’s exorbitant real estate prices aren’t just about buying space. They’re also about buying time. Proximity means shorter commutes, which means more time for other things. But Toronto is a terrible city in which to travel, its commuting times some of the worst in North America.

As a consultant, Heath found himself serving many CEO clients headquartered in Mississauga and others as far west as Brampton, which left him no choice but to commute 50 kilometres by car two or three times a week from Leslieville. “It was more stressful than I could ever have imagined. Even though it was a reverse commute, it took forever. You are constantly fighting for space, for position,” he says. “I’d be stuck in traffic on my way to pick up True from daycare. I’d have nightmares that he’d be sitting there by himself.”

Now that he lives in Creemore, his commute is longer—an 86-kilometre drive down Airport Road—but less stressful. “I cover more distance in the same time,” he says. His relationship with his car has changed as a result: the Prius is no longer a manned battle pod, but the luxury cockpit it was designed to be. “There’s one stretch of the drive that’s lined with trees on either side,” says Heath. “When I get there, I turn off the radio, open the windows and let the breeze wash through the car.”

Out in Cobourg, Carrie Low commutes on Via Rail. The Via pass is exorbitant—$316 for 10 round trips—but it’s an 80-minute ride like no other. “It’s like flying to work every day, without the airport hassle,” she says. “Those of us who make that commute all know each other.” It’s the opposite of the cramped TTC, where everyone is in their own bubble, no one makes eye contact, and even if you ride with the same people every day you never say hi to them. The 3:30 p.m. Via train back to Cobourg is for people who need to get home early; it’s a working train, with laptops open and BlackBerrys buzzing. Those who take the 5:30 p.m. train home have checked out of work for the day, so everyone chats over a glass of wine. Low now has a handful of “train buddies,” as they call each other. She and Porter and the girls went to another commuter’s horse farm for dinner earlier this year. Every year in mid-December, one of the 5:30 trains hosts a Christmas party with baked goods. And because she’s not battling for road space in the car or commuting on crowded, short-turning streetcars, she’s more relaxed when she gets home.

As enjoyable as her commute is, Low also changed her working life so she doesn’t need to be in the city every day. She arranged a job-share with another lawyer at RBC, enabling her to work from home half the week. It’s a common tactic with the new breed of urban defector: taking greater control of your working life. People move because they want to change their relationship with the city, which forces them to confront and re-evaluate how much time they spend at their job. Most people, once they move, find the will to set limits on how much they work—partly because the lower cost of living makes it possible, but mostly because they are no longer willing to be at their colleagues’ beck and call. Simon Heath, to keep his Creemore-to-Brampton drive manageable, tries to limit his appointments in the city to between the hours of 11 a.m. and 3 p.m.—boundaries he did not feel he could set until he moved. “When you live in the city, you have to be constantly available,” he says. He also finds that people are more willing to accommodate him because they know he has a long drive ahead.

In Uxbridge, Doug Dunlop also changed his working routine: he now runs his training business from his home, but a couple of times a week he still drives to midtown Toronto, where he works for Delisle Youth Services. During off-peak hours he can make it in 50 minutes, but if he has a 9 a.m. meeting, he’s out the door at 7 a.m. Even with the 407 shuttling him quickly through the easternmost reaches of the GTA, it’s a terrible drive. Two things make it bearable. The first, says Doug: “When it’s at its worst, I just tell myself, ‘It isn’t every day.’ ” The second is the sense of serenity that hits him when the drive is done. “The first thing you see when you get into Uxbridge is the Walmart sign. And it’s a funny thing to admit coming from Riverdale, but when I see that sign, I think, ‘I’m home.’ Living out here, I can leave the stress of the city behind in a way I never could before.”

Once out of the city, travel is so easy that time slows down. When I first arrived in Peterborough, a neighbour cautioned me about the city habit of setting aside too much time to get from one place to another. The next day I gave myself half an hour for a cross-town trip that took 10 minutes. I didn’t know what to do with myself.

Back in May, I called the City of Peterborough’s recreation department to inquire about registering my five-year-old son Luke for soccer camp, fearful there would be no spots left. The friendly woman at the other end of the phone welcomed me to Peterborough, assured me that there were spaces available for every week and offered to sign him up right away—and while I was at it, did I want to register him for hockey camp in September as well?

This level of service is rare in Toronto, where city-run recreation spaces are rationed like aid to war-ravaged populations. At 7 a.m. on registration day, which comes once every three months, frenzied parents attempt to simultaneously dial in and log on (many using multiple phones and computers) and sign their kids up for as many programs as possible. I still remember the afternoon conversation I had with a neighbouring Riverdale parent who told me all the city sports programs she’d successfully registered her child for that morning. I was stunned. It wasn’t just that I’d missed registration day; it’s that in the days leading up to it, she’d never mentioned it. Fewer parents dialing in, after all, means more opportunities for those who do.

Nothing exposes just how dated The Death and Life of Great American Cities has become than Jane Jacobs’ description of raising children in the city. “Mr. Lacey, the locksmith, bawls out one of my sons for running into the street, and then later reports the transgression to my husband as he passes the locksmith shop,” she wrote. “Mr. Lacey, with whom we have no ties other than street propinquity, feels responsible for him to a degree.”

That was 1961. In the years since, all the Mr. Laceys of the world have died and gone to downtown heaven. “Even just sitting on the front stoop requires supervision,” Margaret Dunlop says of her former Riverdale life. Or as Simon Heath recalls, “I’d be out in the back alley playing with True. When it was time to go in and make supper, he’d ask me, ‘Can I stay out here and play?’ And the answer, always, was no.”


The New Suburbanites

In Creemore, the answer is yes. I first met Heath and Martin on a Saturday morning at the Creemore farmers’ market. As we chatted at one end of the market, their kids wandered off among the vendors. Weren’t they worried? “It’s fine,” said Heath. “I know at least three sets of parents from here to the end of the market who will all have eyes on my kids.” I mentally compared that scene to a similar one at the Withrow Park farmers’ market: it’s roughly the same size in terms of vendors and space and is populated by my neighbours—great neighbours who are kind and wonderful to my kids—but I would never assume that they are taking responsibility for my children while I’m distracted by genteel adult conversation. “There is an expectation, in the city, that you will be self-sufficient,” agrees Heath.

The more kids you have, the more difficult that self-sufficiency becomes. Before the twins were born, whenever Lynn was on call, Luke and I would take the 505 streetcar downtown so he could run around in Yonge-Dundas Square—a real delight for both of us. But the double stroller won’t fit on the streetcar, and I would never dare try to keep watch over two unharnessed toddlers and a five-year-old at the city’s busiest intersection.

This is the real reason city parents turn into overprotective worrywarts. It is not, as the young and the childless often presume, because the media have brainwashed us into believing that our kids will at any moment be abducted or sexually assaulted or caught in the crossfire of gang-related gunplay. It is simply because it takes a village to raise a child, and city parents have no right to assume that any such village exists in their midst. The default assumption is that kids are an imposition. City parents can call upon the help of others, usually other parents, but they are busy and overwhelmed like everyone else with six o’clock meetings and pinging BlackBerrys. So most of the time, we’re on our own.

After moving to Uxbridge, Margaret and Doug had a third child, daughter Kate, last year. In Uxbridge, no one ever lives the nightmare of their kid being the last one left languishing in an empty school. “If I go to get the boys and there’s one other child who hasn’t been picked up, I stick around,” she says. “I wait until his or her parent shows up.”

There are things the city can offer that the new suburbs simply cannot. Ask downtown refugees what they miss most and the first thing out of their mouths is inevitably the same: the food. Once you’re in the 905 or the 705, gone are the days when you can go out and choose from dozens of restaurants, any one of which will prepare you a meal better than anything you could make for yourself at home.

Mind you, living in Cobourg, so close to Port Hope, Porter and Low have a few nice places to choose from—though they’ve been to all of them a few times already, so the novelty has worn off. In Uxbridge, Doug and Margaret frequent Frankie’s, a lovely bistro run by Donna van Veghel-Wood, a JK ROM alumnus. It’s slim pickings, but no one seems to mind. For people with children, eating out becomes less about the food and more about leaving the kids behind for a couple of hours and having someone else do the dishes. “We loved going up to the Danforth, eating at Allen’s or wherever,” says Doug, “but we found that those outings kept dropping down on our list of priorities. At a certain point, the lifestyle offered by the city becomes an illusion.”

But the biggest thing the city provides that a small community cannot is anonymity. Outside the city, everyone knows who you are and what you’re up to, and they never assume that you’re too busy to enjoy their company. “People just drop in,” Simon Heath says of life in Creemore. “They don’t call ahead, they don’t make plans for lunch. They just show up at your door, expecting to be let in.” Whenever Doug Dunlop calls a tradesperson to his house to fix something, there is an obligatory 15 minutes of small talk—in the city, plumbers are in as big a hurry as everyone else to get to the next thing.

Lilly Martin recognizes people by their cars and waves at them even when she can’t see who’s behind the tinted windshield. And she never drives too fast, because everyone is always concerned for the safety of the kids. Martin, when describing this loss of anonymity to city friends, has been met with the reaction: “Oh, I could never stand that.” But she says it’s no burden. As Martin puts it, “It’s the person I want to be.”

Therein lies the key difference between big city and small town life. In the city, we live every minute cheek by jowl. As a result, all the social conventions—don’t make eye contact, don’t eavesdrop, don’t assume someone else is watching your kids—are designed to protect privacy. In a small community and with a big yard, you’ve got all the privacy you need, so the conventions change—you must say your hellos and inquire about others and share news readily.

In the end, it is precisely the lack of anonymity—otherwise known as community—that allows Heath and Martin to set their kids free at the Creemore farmers’ market. The most tangible benefit that anonymity brings to most city dwellers is that it allows us all to set our inner asshole free in the streets. All my life I’ve been an upbeat person, but when I navigate the city I do it with a frown. I cut people off in my car, and on foot as I go through the TTC turnstile. I jaywalk. I litter. Because I can, because I’ll never see these people again and there will never be any repercussions. Everybody else behaves much the same way, because it is how we all cope with the constant encroachments of high-density living. But behaving this way never makes me feel any better at the end of the day. And I don’t like the example I’m setting for my kids.

Once Porter and Low decided they had to leave the Beach, and throughout the months they spent searching for a new place to settle, they did something remarkable: they didn’t tell a soul. Mostly, they didn’t want to deal with the strained discussions and arguments they would have to have with close friends. Once they announced they were moving, they had them anyway. “People were shocked,” Low says. “ ‘You’re downtown people! You can’t move! You’ll hate it!’ ” Everyone I spoke with had similar experiences. And to those who react with such dismay, there is no explaining the stress or the cost or the psychic toll that city life takes. We can all talk Jane’s talk, but some people are pickled in Jane’s brine.

Once the move is complete, some friendships evaporate immediately. Others die after one token trip. Some friends visit to indulge their rural fantasies. “One person called us up and said, ‘We want to come visit you and cut down our own Christmas tree,’ ” says Low. “So we set that up, and it was fun, until they had to drive home with a tree strapped to the roof rack.” Crystal Asher, in Dundas, says the friendships that survive are the ones that never depended too much on proximity in the first place.

Once you move out of the city, it becomes almost impossible to move back. Just as everyone who leaves Toronto makes a nice killing on the real estate transaction, everyone who returns gets killed. Once they’re gone, they’re gone.

With Toronto in the midst of a mini–baby boom, and with the data showing that young families are highly likely to move out, we may well be on the cusp of a new exodus the likes of which hasn’t been seen since suburbs were invented. Toronto will need to try to find a way to keep young families inside city limits to preserve its tax base and its urban fabric. A first step might be to stop moralizing about the evils of suburban life and put an end to Toronto’s homegrown culture war. When I moved to Toronto from Montreal, I thought I’d be leaving behind a polarized political culture. In Toronto, the lens through which every issue is filtered isn’t language, as in Montreal, but it’s no less polarizing.

In this phony war I feel less like a turncoat than a conscientious objector. The big city has its uses. It served me well, and I served it back. Living in Toronto enabled me to transform my life in ways I dearly wanted: marriage, fatherhood, career advancement. That transformation has brought with it needs that Toronto cannot adequately provide: personal space, affordability, an emphasis on community over privacy. The intensity and the anonymity of the city now hinder my life more than they help. Simple as that. I’m outta here.

MARKET WATCH: Strong Sales and Price Growth in July

August 2, 2013 -- Greater Toronto Area REALTORS® reported 8,544 residential sales through the TorontoMLS system in July 2013. Total sales were up by 16 per cent compared to July 2012. Over the same period, new listings added to TorontoMLS and active listings at the end of the month were up, but by a substantially smaller rate of increase compared to sales.

“Last month’s sales represented the best July result since 2009 and was the third best July result on record. Despite recent increases in average borrowing costs, home buyers are still finding affordable home ownership options in the GTA,” said Toronto Real Estate Board President Dianne Usher.

“We are a year removed from the onset of stricter mortgage lending guidelines and many households who put their decision to purchase a home on hold have reactivated their search. An increasing number of these households are getting deals done,” continued Ms. Usher.

Reflecting tighter market conditions, the average selling price for July sales was up on a year over-year basis by eight per cent to $513,246. The low-rise market segment continued to be the driver of overall price growth. It should be noted, however, that the average condominium apartment price was also up by more than the rate of inflation on an annual basis. The MLS® Home Price Index (HPI) was also up on a year-over-year basis for all major home types.

“We are forecasting continued average price growth for the remainder of 2013 and through 2014 as well. Months of inventory for low-rise homes remains near record lows, suggesting that sellers’ market conditions will remain in place in the second half of 2013. An increase in listings in 2014 would lead to more balanced market conditions and a slower pace of price growth next year, albeit still above the rate of inflation,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.


Caribana: Scotiabank Caribbean Carnival

Dates: July 17, 2013 - August 05, 2013

Location: Various Locations in Toronto 
Price Summary: free for most events. Prices vary for ticketed events 
Phone: 416-391-5608

Formerly Caribana, the Scotiabank Caribbean Carnival hits the streets and stages of Toronto this summer for its 44th year, featuring events that celebrate the music, cuisine and arts of the Caribbean region.

This popular event features some of the biggest highlights of the summer including the Caribana Grand Parade, Annual Gala and the new tent villages.

Known for drawing close to a million spectators in past years, the Caribbean Carnival is the largest cultural festival of its kind in North America.

The current schedule is as follows:

Grand Parade
August 3

Junior Carnival
July 20

Annual Gala
July 26

Calypso Monarch Finals
July 28

King & Queen Show
August 1

Pan Alive
August 2

Food Festival
August 4

http://www.torontocaribbeancarnival.com/

Fabulous location at 316 John Street, #117


Fabulous location in Old Thornhill Village. Bungalow Style Townhome. 2 bedrooms and 2 full bathrooms. Private terrace. Steps to Thornhill Community Centre, Shopping, Transit, Cham Shan Temple. Locker and Underground Parking. Low Maintenance Fees. Convenience of Visitor Parking in front of suite. Bright with a great Layout. Ensuite laundry. Original occupant, tastefully decorated, shows
pride of ownership.

316 John Street, #117

Type: Residential

Canadian home sales inch upwards

Home sales inched upwards in June as would-be buyers decided to jump into the market, the Canadian Real Estate Association says. Rising interest rates considered a key factor.

 Higher interest rates helped national home sales inch upwards in June, from May, buoyed by buyers holding pre-approved mortgages deciding not to wait any longer, the Canadian Real Estate Association reports.

Higher interest rates helped national home sales inch upwards in June, from May, buoyed by buyers holding pre-approved mortgages deciding not to wait any longer, the Canadian Real Estate Association reports.

The association says sales last month were up 3.3 per cent compared with May, but down 0.6 per cent in June from a year ago, when new mortgage rules were announced.

When compared with a year ago, sales in Toronto and Montreal were lower, but their declines are beginning to shrink. Vancouver, Calgary, and Edmonton were up compared with last June.

Gregory Klump, the association’s chief economist, noted interest rates were climbing in June, and he believes that was a factor in sales.

“Generally, when interest rates start to nudge up, those with pre-approved mortgages jump off the fence and into the market,” he said, noting those consumers don’t want to see their better rates expire.

“If the slightly higher mortgage rates persist, or edge a little bit higher, we expect to see those with pre-approved mortgages jump into the market,” Klump said.

However, these pre-approved mortgages generally expire after eight weeks, so higher interest rates will certainly have an impact on affordability in the months ahead, especially in expensive markets like Toronto or Vancouver.

“It’s borrowing a little bit of activity for the future,” Klump said of June’s numbers. “And for that reason we expect sales may well ebb as we come into the fall.”

BMO senior economist Robert Kavcic added that the increased sales show a bounce-back from tighter mortgage rules imposed by the federal government in July 2012.

Concerned about the possibility of an overheating real estate market, Finance Minister Jim Flaherty last year reduced the maximum amortization period from 30 years to 25 years on CMHC-insured mortgages.

“A lot of people were concerned that the Canadian housing would go through a weak period for sales and prices after mortgage rules were tightened,” Kavcic said.

“We did see a correction, and we were always of the view, that it was going to be temporary and the landing would be soft,” he said.

“The numbers we have seen in the past couple of months are suggesting we have seen a soft landing,” Kavcic said. “Sales are picking up again, and prices are picking up again at a pretty sustainable pace.”

The overall number of new listings for June was down 0.5 per cent on a month-over-month basis. They increased in busy markets like Hamilton-Burlington, Oakville-Milton, Vancouver, Edmonton, Saskatoon, Winnipeg and Quebec City.

But they were offset by a decline in new listings in cities like Greater Toronto, Calgary, Montreal, London-St. Thomas and Fredericton.

Klump added that the Greater Toronto market is large and varied – but called it a balanced market overall. That means when it comes to negotiation on price, both seller and buyer hold some cards at the negotiating table.

He cautioned though in some neighbourhoods, where homes rarely turn over, such as central Toronto, it’s still a seller’s market because there is little inventory on the market.

Despite the overall drop in sales from June 2012, the national average sale price last month was $386,585, up 4.8 per cent from the same month a year ago.

The association says some 240,068 homes have sold in Canada through its MLS system so far this year, down 6.9 per cent from the first half of 2012, when mortgage rules and guidelines had not yet been tightened.