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Hyatt Place Hotel Proposed near Pearson Airport

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With all of the expansion coming to Toronto’s Pearson International Airport in the coming years, the area surrounding the hub is expected to flourish. Although the area is currently Canada’s 2nd largest employment zone (Downtown Toronto is the largest), the area still largely carries itself as an airport-anchored district. Increasing demand has lead Manga Hotels, which currently owns and operates the Toronto Airport Crowne Plaza at the same site, to submit documents to repurpose some of the surface parking lot to build a Hyatt Place Hotel on the property at 33 Carlson Court.

33 Carlson St, Manga HotelsThe parking garage on site at 33 Carlson Ct

The 8-Storey Hyatt Place will bring 196 guest rooms to an area that currently already has 45 hotels nearby – the demand is quite a testament to the sheer volume of travellers using Pearson daily. The Hyatt Place brand focuses on the future of  ‘select-service’ – a typically ‘no frills’ style of Hotel that Hyatt has upgraded for mid- to upper-income business and leisure travellers. A hotel under the same brand name was recently announced to be built onsite at Canada’s Wonderland.

The massing of the Chamberlain Architect Services Limited-designed hotel itself is broken up into a number of distinct volumes, each with a unique cladding style. Grey Lexastone and brown Equitone panels frame the majority of the building’s vision glass windows.

In addition to the construction of the new hotel, the developer has proposed an open air garage to replace the surface parking spots lost in the construction of the new hotel. The garage will add 277 spaces and uses a similar design language to the newly constructed hotel.

33 Carlson St, Manga HotelsThe parking garage on site at 33 Carlson Ct

The existing Crowne Plaza Hotel onsite will will be updated with an addition along the west side of the building. Clad primarily in curtain wall glazing, metal panels and wooden support beams, the addition will house just under 4,000 ft² of meeting space and conference facilities. 

Drawing of the conference centre addition to the Crowne Plaza, image courtesy of Manga Hotels

We will be back with updates as this proposal progresses through the planning process. In the meantime, additional information and images can be found in our database file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum thread, or leave a comment in the field provided at the bottom of this page.

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Real Estate

Do you know what kind of condo you’re buying?

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(NC) Condominiums can come in all shapes and sizes. But it’s important to know that not all condos are created equal when it comes to warranty coverage.

Whether you’re buying a condominium townhouse, loft-style two-bedroom or a high-rise studio, they are all classified as condominiums if you own your unit while at the same time share access (and the associated fees) for facilities ranging from pools and parking garages to elevators and driveways, otherwise known as common elements.

The most common types of condos are standard condominiums and common elements condominiums. The determination of how a condominium project is designated happens during the planning stage when the builder proposes the project and the municipality approves it.

When you’re in the market to buy, you need to know how your chosen condo is classified because it affects the warranty coverage under the Ontario New Home Warranties Plan Act. Standard condominiums have warranty coverage for units and common elements, but common elements condominiums only have unit coverage.

How could this affect you as the owner? If your condo complex has underground parking and, for example, there are problems with leaks or a faulty door, the condo designation will determine whether there’s warranty coverage.

If your unit is a standard condominium development, then the common elements warranty may cover the repairs. If it’s a common element condominium development, then repairs might have to be covered by the condo corporation’s insurance, which could impact your condo fees or require a special assessment on all the owners.

To avoid surprises, you should have a real estate lawyer review the Declaration and Description attached to your purchase agreement to be sure that you know the designation and boundaries of the unit you’re looking to purchase. Find more information on the types of condos and their coverage at tarion.com.

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5 savvy renovations to make your kitchen look like new

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(NC) The kitchen is the heart and focal point of any home. But if yours is looking a little tired, a few simple renovations can change the feel of the entire space.

Whether you’ve just moved in, have been meaning to update for years or are experiencing life changes, remember that a kitchen uplift doesn’t have to come with a huge price tag. These small-scale projects could be the change your kitchen needs:

  1. Brighten it up.Adding LED lights below your cabinets will brighten your backsplash and counter and provide a warm glow. Place your favourite containers below to act as focal points – those copper canisters that are hiding under the island and the marble coasters you couldn’t resist can now all be on display.
  2. Swap the old with the new.The backsplash is the first thing you see, so replacing it can be enough to give the space a whole new look. Try a unique shape or colour to change things up, like turquoise or patterned tiles, hexagon-shaped tiles or even a full slab of stainless steel.
  3. Rework what you have.People often think new cabinets are necessary for a kitchen reno, but a lot can be done with what you’ve got. Repainting the cabinets and switching out the knobs to chic new handles will do wonders for a makeover.
  4. Don’t hide away.Try adding some open shelving in an unused spot, such as above the sink or window, or next to the cabinets. Display your most beautiful dishes and add some decorative pieces to give the space a modern, airy feel.
  5. Add new materials into the mix.Changing the island to a butcher-block counter adds warmth and practicality.

Taking on a renovation can often feel overwhelming. But if you talk to your contractor about budgeting and spreading out payments through services like The Home Depot Project Loan, it can be easier than you think. The service allows you to finance any home projects, big or small and is available at locations across Canada.

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How to afford a home renovation that fits your life

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(NC) Changing seasons always bring about the desire to update our living spaces. But your life stage and budget can influence what kind of upgrades you can make. Here are some tips to get you started.

Assess the investment. The first step is to gauge how much value your investment will bring, whether you’re looking to sell or grow into a family home. A common misconception among home owners is that all renovations will increase a home’s value; unfortunately, this is not always the case. It’s always a good idea to strategically renovate the space to fit your life plan and goals.

Plan for both long- and short-term value. As a homeowner, it is important to assess what kind of value items can contribute to your life plan. Searching for products that are energy efficient, like an eco-friendly washing machine or water filtration system, can help you save on your monthly bills. A long-term investment, such as hardwood floors or bathroom tiles, can spruce up a living space for years to come. While sometimes this require a larger budget, the project can be both appealing to future buyers and stand the test of time in a family home.

Create a renovation budget. Once you have a clear plan, you’ll need to create a budget to align with your financial goals. Always ensure your budget includes any interest you’ll be paying. Ask multiple sources for competitive quotes.

Use a payment plan. For those high-ticket investment items, consider using a payment plan. Payment solutions such as The Home Depot Project Loan can help with bigger renovations. This allows you to stick to your budgeting goals while using a flexible payment plan to make larger purchases more accessible.

Use DIY to offset costs. In addition to using a payment plan, taking on a few safe and simple renovation projects yourself is an easy way to offset renovation costs. Your local hardware store can help source materials and provide helpful tips to make those do-it-yourself projects, such as refinishing cabinets or sanding old hardwood floors, a breeze.

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