Bazis has played an influential role in the transformation of Toronto’s landscape and skyline. It is our innovative architectural design, our signature style that has contributed to this and set us apart from other real estate developers.
Over the last decade, we have worked with renowned architect Rosario Varacalli to create inspired designs paying close attention to every detail, inside and out. Details that are distinctive, contemporary and classic and make a statement.
These innovative designs are apart of each one of our projects: The standout and luminous green glass towers of Emerald Park that punctuate the monochromatic skyline of North York. Two towers with distinctively flared tops that share a three-story podium which houses office and retail space.
A single tower, enveloped in faceted metallic ribbons that glitter against the cityscape is the distinctive 1 Yorkville. Incredibly luxurious details such as the rooftop theatre, spa and pool.
A unique tower made up of four cubes is perfectly juxtaposed with the design of the Royal Ontario Museum directly across from Exhibit. One of its most distinguishing features is a stunning urban outdoor oasis.
Modern beauty takes shape at Yonge and Eglinton with eCondos, the first building in Toronto to have a glass cantilevered pool lounge.
Crystal BLU, a statement of sophistication rises from a six-storey podium inset with awe-inspiring blue glass crystal that adds an extraordinary dimension to the city skyline.
These are some of the distinctive exterior details of our communities. Each unique residence, built with a clear vision of interior details marrying seamlessly with the exterior theme of the building. Functional living spaces with an open concept layout, each unit features luxurious interiors with signature designer finishes.
Some of the striking features that have become synonymous with the BAZIS signature style include high ceilings, expansive windows offering panoramic views; wrap around terraces; and European inspired kitchens with top of the line appliances.
In addition to these are the incredible amenities built-in to every one of our projects as well. Fitness galleries with yoga studios and lounges, sparkling indoor and outdoor pools, elegant entertainment rooms, rooftop gardens and beautiful lobbies.
Features and amenities such as these have all contributed to the signature BAZIS style.
As we near Canada’s 150th birthday, the red of our national flag may be shining a little brighter from blushing so hard as the world takes note of just home amazing Canada is.
For the second year in a row, our Home and Native Land took the #2 spot in the annual “Best Countries” survey conducted by the U.S. News & World Report, in conjunction with Young & Rubicam BAV Consulting and the Wharton School of the University of Pennsylvania.
The Great White North also led the pack with a #1 worldwide ranking in the “Quality of Life” category thanks to perfect marks in areas such as healthcare, politics and the economy.
To top it off, world renowned travel guide Lonely Planet also made Canada their #1 choice for travellers in 2017.
With so much recognition around the world, it’s not hard to see why so many people see Canada as a great place to live and invest.
From our stable politics and regulated banking industry to our spot on the global markets as a significant exporter of energy, minerals and food, Canada is seen as a safe haven to live, bank and invest in by buyers from abroad.
Here are a few of the reasons why Canada Continues to be a great place to invest in real estate:
Continued Increasing Real Estate Values
House prices rose by a record 2.2% across Canada in May, compared to April according to Teranet, with Toronto leading with a 3.6% increase.
This was the largest May gain in the index’s 19-year history, hitting another record high for the 16th month in a row.
Across Canada, prices were up 13.9% over May 2016, nearly reaching the record annual increase of 14.1% set back in September 2006.
Continued Low-Interest Rates
For the past decade, Canada has enjoyed a period of historically low-interest rates. And while the days of minus prime mortgages are gone, many Canadians are still enjoying low rates that have made investing in real estate that much easier.
Strong Rental Markets
As hot as Canada’s real estate market has been, the rental market has also continued to show strong legs.
According to the CMHC, a higher number of rental apartment units were occupied in in a year over year comparison “primarily due to much higher international migration to Canada and the continued ageing of the Canadian population”.
In fact, rental housing demand was up in most areas across Canada. Over the past year, demand for rentals in Ontario, in particular, grew with vacancy rates in Toronto around 1.5%, which was bolstered by higher immigration and fewer renters making the leap to homeownership.
Strong job growth across Canada and the desire to live in the GTA has also pushed rental prices to new heights. Recently, the Toronto rental market hit a new milestone as the rent on an average 700 square foot condo broke the $2,000 mark, and renters entering into bidding wars over high demand buildings.
With prices rising and affordability a factor in the sizzling GTA real estate market, condos and apartments are becoming more and more popular as alternatives to homeownership. This, in turn, is providing upwards pressure on rental rates as the demand for condos and rental apartments steadily increases.
Condo market still hot as key factors continue to drive prices up – at a more moderate rate
Reports indicate that while the GTA real estate market has cooled a little, the indicators are still projecting healthy 2017. With only 2 months’ housing supply, low-interest rates, and high demand, it’s still a good time to buy.
While skyrocketing prices have been the norm for the better part of a year, the hot Toronto market is starting to show signs that it may be starting to stabilise.
New resale listings in the GTA surged 48.9% in May on a year-over-year comparison according to the Toronto Real Estate Board (TREB) it does not cause concern. According to Toronto Real Estate Board President Larry Cerqua, the GTA’s supply of (resale) product as of the end of May is only about two months worth. This continuation of low inventory levels suggests that home prices in the GTA are not headed downwards, but will have a more subtle cooling. TD’s economic-research department now forecasts that GTA prices will rise 12% in 2017, just slightly down from its previous estimate of a 15% increase.
The fundamentals that have driven the Toronto condo market to its current heights, despite analysts suggestions, are still there. Low-interest rates, a lack of inventory, and high demand will continue to keep prices rising in the condo market, albeit at a more moderate rate.
When it comes to luxurious Toronto neighbourhoods, there are a few that spring to mind – Rosedale, Forest Hill, Yorkville, the Bridle Path. Among those is also Bayview Village, the location of one of our upcoming developments that we’d like you to meet: Estates on Bayview. Continue reading
Who said that you can’t have some fun in uptown Toronto? There’s plenty to do without having to take the whole family downtown. With our new luxury homes coming at Estates on Bayview coming soon, we’re looking forward to showing off what the Bayview area has to offer. Also, colder weather is coming and let’s face it, sometimes it can be difficult to find things to do with the family once winter hits. We’ve put together an outline of our ideal way to spend a day with the family to help avoid the winter blues – ready? Let’s go…
Morning: Start off with brunch at Origin North
Starting the day with brunch is a must. You’ve got to fuel up for the day and there’s no better place for brunch in the area than Origin North. The menu offers a variety of french toast, smoked salmon eggs benedict, a delicious frittata, and a lot of other delicious items. You can’t really go wrong and you’ll be starting the day on a good note and full stomachs.
Afternoon: Choose your own adventure: bowling, trampolines, or an escape room
When it comes to things to do as a family, there are some really fun activities nearby. And when we say fun, we mean fun for everyone involved. We loved all of these options so we couldn’t choose just one! Here are your options:
- The classic afternoon of bowling at Bowlerama Newtonbrook. Slip on some bowling shoes and put your skills to the test!
- If you want to do something a little different, you can try out Skyzone. Imagine a room full of trampolines and the fun that will undoubtedly ensue!
- Ever done an escape room before? They’re all the rage right now and being locked in a room with your family may not sound like the best idea (kidding!) but we promise that it’s lots of fun to work together as a team to figure out the puzzles. Check out iEscaped to learn more!
Dinner: Fuel up at Paradise Farms
Are you ready for one of the best burgers that you’ve ever had? Or if you’re not feeling a burger, there’s plenty of other delicious options on the menu. After a busy afternoon, you’ve earned it. This is one of the best local spots that everyone tells their friends about so check it out! But seriously, those burgers.
Evening: Lace up your skates at Mel Lastman Square
When the cool weather hits, is there anything better than hitting up an outdoor rink? Night skating is one of the best activities and come November, the rink at Mel Lastman Square will be back in business. It’s nestled in at the back of the square and not too busy so it’ll be perfect for the whole family to hit the ice together.
Want to hear more about Estate on Bayview? Register for updates!
Summer 2015 has been great for us! We’re making tons of progress on our active sites, and we’re thrilled to be announcing a new project – Estates on Bayview! These ultra-modern townhomes on beautiful Bayview Avenue will feature contemporary architeture, terraces, and large, full backyards! We can’t wait to start unveiling these townhomes as they take shape – don’t forget to register for updates! – but first, we want to show you around this amazing area.
As you can see, our site is in the centre of a lot, with easy proximity to shopping, dining, amenities, transit and the 401! Here’s five reasons we can’t wait to dig in at Bayview and York Mills!
1. Proximity to schools
This area is full of amazing education options, both public and private. Your options will include the renewed Toronto French School, Crescent School, York Mills Collegiate Institute and tons more options in Ward 13. These schools are all rated far higher in quality than the citywide average, and they’ll be right in your backyard.
2. Ravine & Hiking Access
As you can see from the above map, our site backs onto one of Toronto’s notorious ravine systems. Green space is harder and harder to come by in Toronto, but these townhomes not only offer full grass lawns, but access to lots of space to explore! It even connects to the beautiful and historic Edwards Gardens.
Bayview & York Mills can feel like an enclave, but it’s perfectly positioned to access everything you’ll need in the city. A short walk to the subway and TTC ground service, 5 minutes from the 401, and close to Yonge or Lawrence – you’ll never feel isolated, but you’ll be insulated from the city’s busiest hubs.
4. Neighbourhood Amenities
Errands are a snap at Bayview and York Mills, with close access to groceries, pharmacies, pet groomers & vets, coffee shops and everything else you’ll need to keep your to-do list short and sweet. Plus, both Yorkdale and Bayview Village malls are close at hand for a quick stop-in or a Saturday with the kids.
What did we miss? Tell us your favourite Bayview and York Mills spots on Twitter!
Interested in learning more about Estates on Bayview? Register for updates!