Why renting beats buying in a housing bubble

 

To buy, or not to buy? That is the question plaguing many Torontonians these days. As our hot real estate market stays sizzling year after year, young people are questioning whether it is more profitable to save up a sizeable down payment and build equity in a home or invest that money elsewhere and free themselves from the burden and responsibility of home ownership.

 

Many people who call Toronto home grew up in an era where real estate was the smartest and safest bet you could make. It was accepted wisdom that owning a home is an investment and renting is simply throwing money away. In today’s super-inflated Toronto real estate market, is the old wisdom still as wise?


A first-time home buyer today cannot necessarily expect the same return on investment that the baby boomers enjoyed. The housing market has changed dramatically, yet many of our attitudes and emotions about the market haven’t changed along with it. The dreaded term “bubble” has often been used to describe the real estate market in Toronto. We are often told that the market is overdue for a “correction”. So far, the bubble hasn’t burst. Even with the slight cooling of housing prices, and bidding wars becoming less common, the market continues to rise.


People often feel that the value of real estate only moves in one direction, that real estate prices will always go up in value. There are a great many factors that contribute to the cost of house and condo prices. The location of the building and the age and condition of the building are important factors to consider. When all factors and expenses are considered, including inflation, maintenance costs and all the rest, the actual value of many homes and condos can remain relatively stagnant or even drop over time. It’s been a long time since real estate values decreased in the GTA, but that doesn’t mean it can’t happen. It means a decrease is overdue.


Toronto is in the midst of a condo boom. The cranes that dot our skyline are a sign of the constant construction our city is enduring. With more product on the market every day, condo owners looking to sell and buy a larger home may find themselves outpaced. Condo prices simply don’t rise as fast as those of detached houses.


When you choose to rent rather than buy, your monthly expenses are lower. Investing that money in a diversified portfolio means that you could build your wealth at about the same rate through compounding interest, rather than building equity in your home.


The average price of a 2-bedroom condo in Toronto is roughly half a million dollars — according to the Financial Post. The new lending rules in Ontario means buyers must pass a ‘stress test’, meaning in order to qualify for the mortgage, applicants must prove that they can afford to make the payments if interest rates increase. This makes borrowing more difficult and is simply pricing many people out of the market. To qualify for that average mortgage you would require a six-figure income.


A minimum down payment of 5% is required to qualify for a mortgage. If you are putting down less than 20% you are required to purchase mortgage insurance for the full amortization period. That can mean an additional few hundred dollars a month over the next 25 years — not to mention rising mortgage interest rates. Then there’s your closing costs and home insurance to factor in. Property taxes, utilities as well as maintenance and repair costs are expenses that stay with you and increase, even after your mortgage is paid off.


Let’s take a look at some rough numbers. A 20% down payment on a $500,000 home works out to $100,000. If you only have the minimum of 5% to put down, that leaves you with a mortgage of $475, 000. That translates into a mortgage payment of approximately $2500 per month at the current average interest rates. Add in all of the additional expenses and you could be looking at a monthly payment of roughly $3500. The average price of a 2-bedroom rental suite is about $2500 per month but without all the additional expenses. That’s a savings of about $1000 per month. What could you do with that extra money?


Buying in a city like Toronto is like playing a game of real estate roulette. You’re putting your hard-earned money down on red or black, to rent or to buy. Saving every penny you can for a decent down payment, plus keeping on top of ownership responsibilities, maintenance and unexpected repair costs means most of your money may be tied up in one place, leaving you more vulnerable to the market and its corrections and fluctuations. The first thing you learn in money management is to diversify. Keeping all your eggs in the real estate basket may make for a fragile financial future. It’s all about opportunity cost. The money that is freed up by renting could be invested in a diversified portfolio to help protect against the ebb and flow.


But your life isn’t just about money, is it? Opportunity costs aren’t exclusively financial. In addition to freeing up money to be invested in areas other than real estate, renting also frees up your life. If you are absolutely certain that you are going to live in the same home for a decade or more, and you are reasonably confident that the real estate market will outpace inflation over the same time period, then buying may be the right choice for you.


If you hoped that travelling, or living for a time in a different city, or even the same city in a different home, was in the cards for you — then renting is tough to beat. Renting can buy you more freedom. The freedom to move, the freedom to travel, or the freedom to work fewer hours in order to upgrade your skill set, continue your education or simply spend more time doing things you love.


Life, as well as markets, can be unpredictable. The unknown can be positive or negative. An illness in the family or a job opportunity in another city can change your life circumstances quite considerably overnight. Renting gives you the freedom and flexibility to adapt to whatever unexpected or unavoidable situations life throws your way.


Ultimately, everyone must decide what is right for them, at this moment. How much are you willing to bet on the housing market? What is your freedom and flexibility worth to you?


Greenrock Property Management Limited wants you to enjoy all the freedom, flexibility, comfort and convenience that you can. For information on Greenrock Communities in Toronto, including Greenrock at Davisville Village (77 Davisville Avenue, 45 Balliol Street and 225 Davisville Avenue) and Village Green (50 Alexander Street, 40 Alexander Street and 55 Maitland Street), please visit our website.



 

 

Minimalist decor ideas for your apartment

 

Clutter can compromise the look and feel of your home. If you like clean lines and an open aesthetic, modern and minimalist interior design might be the right style for you.

 

To pull off a minimalist aesthetic, you’ll need to ensure your decor involves a small amount of furniture, decor and detail. Pay special attention to shape, colour and texture when cultivating a minimalist look and feel. Modern minimalism allows for maximum personal expression without needing to draw too much attention to any one piece. Here are some minimalist decor ideas for your apartment, and where to shop in Toronto to pull off the look.

 

Urban Outfitters Home

Credit: Urban Outfitters Home

 

Urban Outfitters has always been where the cool kids shop — and as those cool kids grew up, they started to need some cool stuff to display in their beautiful homes. Urban Outfitters responded by launching a line of home furnishings for small-space living. Visit them to pick a few pieces. Everything in the line is designed to simplify and not overwhelm. An oversized Hub Mirror or a new rug can really tie a room together, and help you pull of your minimalist look with less. There are a couple of locations nearby — their downtown store at 235 Yonge Street and their west-side store at 481 Queen Street West.

 

H&M Home

Credit: H&M Home

 

H&M is a well-established source for affordable, trendy fashion. They’ve extended that same sensibility to their home decor line. If you want to save money on sleek and stylish home furnishings and achieve a modern minimalist decor aesthetic, you need to check out H&M Home.

 

The right accessories can really change the look and feel of a room. You can find bathroom decor pieces from $6.99! Less is more, so if you’re looking to get rid of some clutter, be sure to replace it with only what you need and love. This understated throw rug can create a whole new feel in a room. You can complete the transformation for just a few bucks by adding a brass candlestick, a cozy crinkled cotton throw and a few new pillow covers. If “less is more” is your motto, you’ll love that this store gives you more for less.

 

CB2

Credit: CB2

 

CB2 is Crate and Barrel’s more modern and affordable sister store. The design aesthetic here leans toward the minimalist and mid-century modern look. The eclectic sensibility of the shop means that practically everything in the store goes with everything else in the store. This can either make shopping simple, or incredibly complex. You may be overwhelmed with options. There is a lot of opportunity to mix and match pieces to create your perfect style. From Parisian-inspired sofas to minimalist dining tables, they’ve got everything a trend-savvy Toronto minimalist could hope for.

 

If you can’t find what you’re looking for, their associates will help you locate it and/or order it in from their full online collection which includes contemporary furniture, modern lighting, sculpture and much more. If you still don’t see what you’re looking for, you can work directly with their team to custom-design sofas, chairs and headboards to fit your design dreams and dimensions to a T.

 

Downtown Toronto dwellers can consider themselves fortunate as the 651 Queen Street West location of CB2 is the only one in Ontario. Pay them a visit Monday to Saturday from 10 am to 8 pm, and Sunday from 11 am to 7 pm.

 

West Elm

Credit: West Elm

 

West Elm is a Brooklyn-based branch of Williams-Sonoma Inc. It was established in 2002 in order to focus on affordable modern design. West Elm prides itself on working with local makers and allowing local store managers to tailor their inventory to suit the community. From sofas with clean lines, to colour pop throw pillows and rugs, bedding and lighting — everything West Elm designs and sells is created with the goal of helping you express your personal style. Over 90% of what they sell is designed in-house using organic, handcrafted materials and Fair Trade Certified™ products whenever and wherever possible. Shop their store in Liberty Village (109 Atlantic Avenue) Monday to Friday from 10 am to 9 pm, Saturday from 10 am to 7 pm, and Sunday from 11 am to 6 pm.

 

IKEA

Credit: IKEA KALKGRUND SERIES

 

IKEA may not have invented modern Scandinavian minimalism, but they certainly played a big part in popularizing it and making it affordable and accessible. From simple and clean looking chrome accessories for kitchens and bathrooms,  to living room furniture and more. If you can use an allen-key, you can enjoy and assemble their affordable modern furniture.

 

There are two Toronto area locations to serve you. You’ve probably visited them at 1475 The Queensway in Etobicoke, open Monday to Friday from 10 am to 9 pm, Saturday 9 am to 9 pm, and Sunday 10 am to 6 pm. You might not be familiar with their location at 15 Provost Drive in North York, open 10 am to 9 pm on weekdays, 9 am to 9 pm on Saturday, and 10 am to 7 pm on Sunday. Take advantage of the free IKEA Shuttle Bus that serves Downtown Toronto and Kipling Station. It takes people to the Etobicoke location every weekend.

 

Stroll through their vast show rooms to plant clever design ideas in your head. If you can’t carry home what you’ve purchased, delivery and even assembly options are available.

 

We hope this article helps you do less with more and cultivate your own understated style.

 

Greenrock Property Management Limited wants you to experience all the style and creativity that your community has to offer. For information on Greenrock Communities, including Village Green (50 Alexander Street, 40 Alexander Street and 55 Maitland Street), please visit our website.

Green up your balcony this summer

 

A balcony garden is a simple and beautiful way to add some colour and life to your balcony. There is nothing quite like the act of planting something, nurturing it properly, and watching it grow. If you weren’t born with a green thumb, Greenrock wants to help you green up your balcony this summer.

 

They’re are several options when it comes to balcony gardens. First, you should determine what your light conditions are. This will determine the type of plants that will thrive in that environment. There is no point in purchasing new plants, only to watch them struggle to survive.

The Sunny Side

If your balcony gets a lot of sunshine, you will want to choose sun-loving plants, such as Geraniums. If you hang plants in baskets, they will dry out faster. Make sure to water them regularly and check on them daily. Lots of full sun plants are also naturally drought resistant, making them perfect for potted environments and busy lifestyles. Rosemary is a good choice for a fragrant, low maintenance herb that can also enhance the flavour of your cooking. With any balcony garden, you will have to ensure proper drainage to avoid damaging the plants, or your rental property.

The Shady Side

If your balcony is on the shadier side, without much direct sunlight, you still have many beautiful options for a balcony garden. Fuchsia flowers are lovely, colourful, and exotic flowers that don’t like too much sun. They will do best in hanging baskets or balcony boxes. Look for hanging basket brackets that do not require any drilling or permanent fixtures. Some other great options are Begonias, Violets and Double Impatiens. If those aren’t to your taste, there are many more!

Once you’ve determined your light conditions (or if you need some help determining that) it’s time to head to a local garden centre to purchase your plants, soil, and supplies. And get some advice on how to proceed. You’ve got a few great neighbourhood resources nearby.

Bob’s Garden Centre

Credit: Bob’s Garden Centre

 

Bob’s Garden Centre (959 Mt Pleasant Road) is a family run business that has been serving the community since 1976. This small, corner-store-style shop is open Monday to Saturday, from 9:30am to 7pm, and Sundays from 9:30am until 6pm. You can count on the folks at Bob’s for fast, friendly service, and helpful advice. From plant selection, care advice and optimal arrangement for your light conditions, let Bob’s help make your living balcony come to life for a reasonable price.

 

Sheridan Nurseries

Credit: Sheridan Nurseries Toronto Garden Centre

 

Sheridan Nurseries (2827 Yonge Street) is your source for the largest selection of plants in the area. There prices may be on the higher end, but so is their service and selection. Plant warranties are honoured. Many plants can be returned within 90 days of purchase, and they offer a complimentary Personal Shopping Service. That means their knowledgeable personal shoppers will help you create your personal horticultural masterpiece, offering the best options to suit your light conditions and lifestyle. You can rely on their custom design services to help you select the best plants, planters, containers and hanging baskets.

 

They’re open year round, 7 days a week (with the exception of Christmas Day, New Year’s Day and Family Day). Their summer/fall hours are Monday to Wednesday, 9am to 6pm, Thursday and Friday, 9am to 8pm, Saturdays from 9am to 6pm, and Sundays 9am to 5pm.

 

Davenport Garden Centre

Credit: @DavenportGarden

 

Davenport Garden Centre (1466 Bayview Avenue), at the corner of Davisville and Bayview, is only steps away from home, at Davisville Village. This independently owned, seasonal garden centre is open from April until December 24th. There are 3 locations in Toronto. Their Bayview location is open daily from Monday to Friday, from 9am to 7pm, and weekends from 9am until 6pm. Davenport Garden Centres specializes in providing plants that thrive in Toronto gardens, including condominium and apartment containers. They are advocates of organic and sustainable gardening. They purchase from growers and suppliers that apply these principles whenever possible.

 

Whether you’re looking for hanging baskets, balcony boxes, or potted plants suitable for sun or shade, they’ve got what you need. Their location at 368 Davenport Road offers in-store design services from Monday to Friday. An appointment is recommended for this service.

 

Ready to get growing?

 

Greenrock Property Management Limited loves to connect you to all the vibrant life your community has to offer, and to help you grow.  For information on Greenrock Communities in Toronto, including Greenrock at Davisville Village (77 Davisville Avenue, 45 Balliol Street and 225 Davisville Avenue), please visit our website.

DIY home office ideas for small spaces

 

Whether you’re a telecommuter, freelancer, student, or simply need a spot to sit down and pay the bills, you need a dedicated space in your home in order to be productive. Using the kitchen or dining room table can work for a little while, but it becomes cumbersome and cluttered if you’re working during meal times. Trying to be productive while sitting on the couch, crouched over the coffee table, or with your laptop balanced on your lap is no better (laptop is a bit of a misnomer). A dedicated workspace helps you to cut down on distractions and get down to business. Even in small spaces, there is usually a creative way to use the space more efficiently. If you need to carve out a corner, or find a bit of wall space to work at, we’re here to help optimize your options.

 

Designed carpet and grey pouf on glossy white floor. Home office design concept

 

Rethink and Rearrange

 

You may think that the placement of your furniture is just perfect. You may be right, or you may be depriving yourself of some prime, yet hidden, home office space. If you move the couch more toward the centre of the room, rather than against the wall, you can take advantage of the new found wall space. Place a small desk or narrow table there, and presto! You’re in business! The desk could face the wall for a distraction-free workspace, or face the back of the sofa. If the sofa is facing the TV, you can enjoy some entertainment while you work.

 

Cozy up to corners

 

A chair and small desk, table or shelving unit, tucked into a corner, can create a cozy spot to get productive in. Look for a small desk with built in storage, so you don’t have to have any extra shelves that could make the corner feel cramped. Separate the space with simple design tricks. A framed piece of art or even a motivational poster, or a change in tone or colour can make a big difference. The desk itself could provide the colour shift — paint it any colour you choose.

 

Up against the wall!

 

A section of wall in a hall, kitchen, next to furniture or between bookcases or shelving units, can be optimized for your workspace. To avoid having your creative centre clash with its surroundings, keep the colours uniform or complimentary for a continuous flow.

 

Fold it and forget it

 

If you’re really tight for space, and don’t require your workspace to take up any when you aren’t working, a wall mounted drop leaf table can work well. It folds almost flat when not in use, and you can use a kitchen chair, folding chair, or even your yoga ball to sit on. If you’d rather not mount anything to the wall, a folding TV tray can do the trick. When you’re not in work mode anymore, fold it up, put it in the closet and enjoy your free time!

 

Refashion your closet

 

If you’d rather not keep your office folded up in the closet as we suggested above, what about foregoing the fashions in your closet and fashioning an office space in the closet? If you can consolidate your clothes, you can create a spare space. All you need is a small desk, lamp  and chair. When you’re done with work, simply close the door. It’s a great way to keep your work life and home life separate, all in the same space.

 

With a little creativity, you can create a home workspace in any small space. Look around, use your imagination, and then get down to work!

 

For information on Greenrock Communities in Toronto, including Greenrock at Davisville Village (77 Davisville Avenue, 45 Balliol Street and 225 Davisville Avenue) and Village Green (50 Alexander Street, 40 Alexander Street and 55 Maitland Street), please visit our website.

A week in the life near Church and Wellesley

 

There is no place quite like Church and Wellesley Village. Home to the hip, the happening and the “what the heck?!”. From great food and bars, to world class theatre, games rooms and much more. You could say there is an almost overwhelming list of options for a night or day out in the neighbourhood. To help you make the most of your good times in the village, we have some fun ideas for a week in the life near Church and Wellesley. Enjoy!



Monday


Mondays can be a little dreary. When you need a beginning of the week escape plan, head to Riddle Room (579 Yonge Street). Riddle Room is a live escape room and board games cafe, all in one. An escape room is a live action game you play with your friends. Participants are ‘locked’ in a room and must solve puzzles, find clues and use their wits to escape before the clock runs out!



Riddle Room is also a no-cover board games cafe. They only ask that you buy a drink, then you can hang out and play a selection of over 200 board games and video games with your friends for as long as you like. They’re open daily from 2pm until midnight (10pm on Sundays). Find out more about Riddle Room in our feature article and interview.


Tuesday

Credit: @BuddiesTO

 

Let the good times roll at Buddies In Bad Times Theatre (12 Alexander Street). This black box theatre is a great choice thanks to its ever-changing program of experimental and envelope-pushing theatre in the heart of the Village. Buddies believes that “theatre plays a vital role in the educational, social, and economic health of a community.” It’s hard to disagree with that! Rush tickets are available during the week, as well as Pay-What-You-Can shows every Sunday.

 

Wednesday

Credit: elmspa

 

Even with all the fun you’re having this week, it’s possible that by Wednesday, you’ve got some stress knots to work out. Ease the tension with a midweek trip to Elmspa (557 Church Street). Treat yourself to a selection of massages including Bamboo, Deep Tissue and Siam Herbal Massage. They also offer a variety of facials, as well as manly mani and pedi options in a serene and welcoming atmosphere. Learn more about Elmspa in our feature article.

 

Thursday

Credit: CAA Theatre and Mirvish.com


Living at Village Green means you’re always only a hop, skip and jump from world class theatre and musicals at CAA Theatre at 651 Yonge Street (formerly the Panasonic). With a new season of shows just announced, it’s the perfect time to plan a grand night out. Learn more about special dinner and show packages, to save money while you celebrate.


Friday


In a landscape of constantly changing clubs and bars, Woody’s (465-467 Church Street) has managed to remain a favourite since 1989. A lot has changed in the world since they first opened their doors, but Woody’s keeps on top of things with a great roster of special events. There is something for everyone at Woody’s. They feature 5 different bars, each with a different vibe, so there really is something for everyone. No special occasion is required, stop by and see what all the fuss is about.


Saturday

Credit: @StrykeRange

 

Burn off some steam, and set your sights on pure fun this Saturday at Stryke Target Range (738 Dundas Street East). It’s more fun than you can throw an axe at! Your group can choose from a list of super fun and surprisingly stress-relieving activities, including archery, axe throwing, knife throwing and air guns.

 

Sunday


It’s been a super fun week, and you’ve earned some serious down time! Sundays are designed for getting cozy at home with your favourite Netflix shows. You’ll need to keep your strength up for all this lounging around, so why not take a walk around the corner and enjoy a great brunch at Lola’s Kitchen (634 Church) before you commit to some couch time. Learn more about Lola’s in our feature post about them. If you’re vegan or vegetarian, you won’t go hungry in this joint.


There is so much to do in the Church and Wellesley neighbourhood that trying to fit it all in can be the hardest part. We hope these fun activity ideas get you excited about a week in this awesome neighbourhood you call home.


Greenrock Property Management Limited wants to help you connect with the fun and excitement that is all around you. We hope this post inspires you to explore your neighbourhood and discover what your community has to offer. For information on Greenrock Communities, including Village Green (50 Alexander Street, 40 Alexander Street and 55 Maitland Street), please visit our website

The top 5 home decor shops in Toronto

 

What makes your home, home? Without your personality and personal touches, an apartment is just empty space. Pure potential.  Every item you possess, use and display, says something about you. When it comes to finding new (or vintage) pieces to add to your home decor, you have many options. Rather than simply filling up space, it’s about expressing who you are and how you feel about your space. To help you connect with retailers who understand this, here are the top 5 home decor shops in Toronto.

 

Credit: EQ3

 

EQ3

 

EQ3 offers mid-century modern furniture suitable for stylish urban living. The clean lines and streamlined look may feel a little like Ikea at first glance. The aesthetics may be similar but there is a big difference in quality. EQ3 is in the middle of the market. That means quality pieces without the price tag trauma associated with some high end home decor stores.  All of EQ3’s upholstered furniture is made in Canada – Winnepeg to be exact. This allows for more quality control and full customization options that can still be delivered within a few weeks, for a reasonable price. In their overseas production facilities — whether it’s Indonesia, where their solid wood pieces are made, rugs from India, or lighting from China, there are teams and offices on the ground to ensure their standards of quality are met. You can create a stylish space, with pieces designed to last. There are 2 Toronto locations to choose, 3- 51 Hanna Avenue in Liberty Village, and 222 King Street East (at Sherbourne Street).

Credit: Hopson Grace

 

Hopson Grace

 

Your home can be an extension of your personality. Hopson Grace (1120 Yonge Street) can help set the table and the tone for your space, with the perfect piece of decor that you’d be hard pressed to find anywhere else in the city – or the world! Owners Andrea Hopson and Martha Grace McKimm have made it their mission to provide a retail space dedicated to originality and individuality. Their HG Originals line offers a wide range of items and a wide range of prices. Find anything from whimsical, decorative story tiles ($45), all the way up to handmade designer wood bowls ($1750) and everything in between.

Credit: @urbanbarn

 

Urban Barn

 

You owe it to yourself and your home to make a trip to Urban Barn (610 Queen Street W). The store features a tasteful selection of pieces for every room in your home. From living room, dining room and bedroom furniture, to wall décor, accessories, rugs and drapery. Best of all, you can design and plan your room online. See how it looks before making any decisions with the Urban Barn Room Planner. Once you’ve created your new virtual space, you can save it, email it, or print it to use as a shopping list.

Credit: Absolutely Inc

 

Absolutely Inc.

 

Absolutely Inc. (1132 and 1236 Yonge Street) is a pair of boutique shops located four blocks apart from each other on the Rosedale strip of Yonge Street. Paying them a visit is like going on a treasure hunt. You never know what you’ll find, but you know it will be amazing. Find unique items that you just have to have, likeTibetan Lamb Pillows ($249), Coral Brain Specimens ($669) or a Peace Sign Ring Holder ($18). They also carry high end furniture, lighting and more.

Credit: GUFF

 

GUFF

 

Owner John Jakeman started out as a buyer for stores along the antique row of Queen Street East. He stepped up his game and opened his own shop called GUFFat 1 Davies Avenue in Leslieville. It stands for Great Used Furniture Finds and it lives up to its name. This is the home of all things vintage, with prices that are easily 10 to 30 percent less expensive than other stores in the city. With new items constantly coming in, it’s never the same store twice. If you need to make some room in your space before adding anything new, sell your stuff to GUFF. The shop is always on the lookout for interesting pieces so you don’t have to be. Just stop by and see their collection for yourself. Keep in mind, because it’s a vintage store, all sales are final.

 

Your personality can’t be summed up by the things that you purchase. However, the right items can help you transform your living space into a home.

 

Greenrock Property Management Limited wants to connect you with your community and all that it has to offer. For information on Greenrock Rental Communities in Toronto, including Greenrock at Davisville Village (77 Davisville Avenue45 Balliol Street and 225 Davisville Avenue) and Village Green (50 Alexander Street, 40 Alexander Street55 Maitland Street), please visit our website. Welcome home.

Village Green’s New Generator

 

The Village Green community is currently under construction and we want to thank our residents for their support and positive feedback while we improve your property. In case you are out of the loop, Greenrock is undertaking several exciting construction projects to improve our Toronto properties. At Village Green we currently have such projects underway, including installing a new power generator.

 

WHAT WE’RE DOING
A new Village Green generator is currently being installed inside a room in our underground parking garage. This location was chosen to ensure that the noise when running is kept to a minimum.. This massive green machine is designed to provide back up power to help ensure the comfort and safety of our residents during a power outage. Aside from the normal emergency lighting and fire pump back up, this generator will also provide power to Village Green’s elevators, domestic water pumps and heating circulation and boilers.

 

 

WHY WE’RE INSTALLING A GENERATOR

We have  installed the generator so we ca provide more comfort, safety and security to Village Green residents during power outages.

 

WHAT CAUSES POWER OUTAGES?

Extreme weather conditions can cause power outages year-round. Here are the different Toronto weather conditions that can lead to power outages:

 

  1. High winds can bring down trees and branches onto power lines.
  2. Lightning can strike equipment or cause trees to fall into power lines.
  3. Winter storms can create freezing rain and heavy snow that cause damage to electrical equipment.
  4. Heat waves can increase demand for electricity from air conditioning, which can overload the system.
  5. Rain and flooding can damage overhead and underground equipment.

As any Torontonian knows, these weather conditions are not uncommon and could easily result in power outages year round. Unpredictable weather is a major reason why Greenrock decided to invest in and install a backup generator at Village Green.

 

Bad weather isn’t the only thing that can lead to a power outage. Here are a few other potential causes:

 

  1. Toronto Hydro equipment failure can trigger an outage, even though Toronto Hydro regularly maintains and updates aging infrastructure.
  2. Vehicle or construction accidents can knock down hydro poles or bring down lines.
  3. Animals, like squirrels, birds and raccoons, can damage power lines and equipment.
  4. Cable dig-ins can cause outages when construction crews accidentally hit a buried line while excavating.
  5. Trees can come into contact with a power line if they are not trimmed properly.
  6. Planned Outages are occasionally scheduled to allow Toronto Hydro crews to safely do repair work, maintenance or upgrades on our equipment.

 

Greenrock is excited that the generator project is almost complete. We are confident that this generator will keep our residents safe, secure and comfortable at Village Green in the event of a power outage.

 

Love the Yonge and Wellesley area in downtown Toronto? Check out our website to learn more about Village Green, a vibrant purpose-built rental community. www.greenrockpm.ca

Chicken, five ways

Chicken, five ways

Tired of the chicken recipes you make for dinner all the time? If you’re looking to shake up your recipe repertoire atWingreen Court, the Greenrock Property Management blog team has five new chicken recipes you’re going to love.

 

Ginger Teriyaki Chicken

 

This chicken recipe features a Ginger Teriyaki sauce for spicy and exotic flavour. Infused with ginger, garlic and a hint of bourbon, this sauce is great for chicken, pork chops, ribs, and steak. You may want to make some extra sauce since it will keep in the fridge for up to a week. Best of all, it’s super easy to whip up.

 

Lemon and Garlic Roast Chicken

 

This Lemon and Garlic Roast Chicken is the perfect Sunday dinner. A whole roasted chicken is stuffed with lots of garlic, lemon and fresh thyme.You can feed a crowd with this recipe or enjoy it solo all week long. It requires only about 20 minutes of hands-on preparation time and it’s ready in an hour and fifteen minutes.

 

Butterflied Grilled Whole Chicken

 

Roasting isn’t the only way to prepare a whole chicken. Before you give up grilling for the season, make this Butterflied Grilled Whole Chicken. Its seasoned with your favourite herbs and spices and is ready in far less time than a traditional roasted chicken. This recipe requires about 10 minutes of prep time and only 40 minutes of cooking time.

 

Poached Whole Chicken

 

Poached Chicken goes a long way. It makes a tasty chicken dinner and a delicious broth at the same time. You can use that broth for many other recipes. All you need to do is place the chicken in a pot, cover it with water and add whatever seasonal vegetables and herbs that you have on hand. Bring it all to a boil and simmer for about an hour an and twenty minutes.

 

Slow Cooker Whole Chicken

 

What could be better than coming home after a long day to the delicious smell of chicken that is ready to eat?! This Slow Cooker Whole Chicken makes that dream a reality and only takes about 5 minutes to prepare. You can season it anyway you like before placing the whole bird in your slow cooker. If you want a crispier skin, simply pop the cooked chicken in a pot under the broiler in your oven for a 3 to 5 minutes until crispy.

 

The Greenrock Property Management blog team hopes these chicken recipes make dinner time a little more interesting this winter. For more information on Greenrock’s rental communities, including Wingreen Court (2, 4, 6, 8, 9, 10 & 11 Wingreen Court) – please visit our website.

Nuit Blanche is tonight!

Tonight, beginning at sunset, Toronto will be transformed into a creative playground. Don’t miss Nuit Blanche, a truly one-of-a-kind experience happening near Toronto apartments and featured today by the art enthusiasts a part of the Greenrock Property Management blog team.

 

The fun begins at sunset

 

From sunset to sunrise on Saturday, October 1st, Toronto will host a free, all-night art event called Nuit Blanche. Explore art installations, displays and exhibits at various locations scattered across the city.

OBLIVION

 

Start your Nuit Blanche experience with OBLIVION, a special project curated by Janine Marchessault and Michael Prokopow. Held at Nathan Phillips Square and City Hall (100 Queen Street West), it will take you 15 minutes to drive here from Davisville Village Apartments (77 Davisville Avenue, 45 Balliol Street, 225 Davisville Avenue). Focused on the premise that someday the sun will die, three artists have come together to create a moving masterpiece that “examines the elemental aspects of our cosmic existence.”

 

Facing the Sky

 

Experience the true magic of Nuit Blanche with Facing the Sky. This exhibit explores artists’ relationships with the world above. Head to the Waterfront — the exhibit stretches from Bay Street to Harbourfront Centre (235 Queens Quay West). This exhibit includes numerous projects, from October Sky to Ascension, 2016. To get to the heart of the activity at the Harbourfront Centre, expect a 10-minute drive from Village Green Apartments (50 Alexander Street, 40 Alexander Street, 55 Maitland Street).

 

Independent Projects

Alongside the city-run exhibits are dozens of Independent Projects happening at various venues in Toronto. Start with Laneway Canopy at 25 Kensington Avenue, a project designed to show how leftover spaces can be utilized to birth new energy into a community.
The blog team at Greenrock Property Management hopes you enjoy an exciting evening in Toronto at Nuit Blanche. For more information about our Toronto apartments and the incredible arts and culture events that happen nearby, please visit our website.

How to save energy this Fall

How to save energy this Fall

When it comes to saving energy—and money—it’s the little things that make the biggest difference. Learn more about how to save energy at Davisville Village Apartments (77 Davisville Avenue, 45 Balliol Street, 225 Davisville Avenue) with this helpful checklist from the Greenrock Property Management blog team.

 

Check your light bulbs

 

Since heat is included in your rent at Davisville Village Apartments, a bigger concern for your budget than heat might be your electricity bill. As the days get shorter, you’ll depend on your lights more—but that doesn’t need to cost you more money. Make sure that each and every light bulb in your home is an energy-efficient model, such as a compact fluorescent light bulb. You can find these at pretty much any local hardware store. From Davisville Village Apartments, bike less than 10 minutes to Home Hardware (1420 Yonge Street).

 

Unplug electronics

 

Between your laptop, desktop, toaster and curling iron, you might be surprised by how many appliances in your house are currently absorbing energy. Cut back today by unplugging these electronics when you are not using them. After all, even in power-saving modes these things still waste small amounts of energy.
Start saving energy today, using today’s blog post from Greenrock Property Management as your guide on how to begin. For more information about eco-conscious Davisville Village Apartments, simply visit our website.