THEY SELL YOU THE SIZZLE, by Charles Laurie Hanes
To quote a famous Southerner, Ruth Chris (founder of Ruth's Chris Steakhouses) "I
learned decades ago that to sell a steak youve got to "sell the sizzle"
(meaning people will come and eat your steaks based on the smell or senses of the steak
and not necessarily on the steak itself).

A good example of this philosophy being applied to the
local condo scene is what is going on in Torontos west end in an area that has long
been touted as "the last lakefront available in the city" . . . Humber Bay
Shores.
Its not that condo development is new to this area
that has for decades been known for its seedy "by the hour" motel
strip. One of the citys finest high-rise luxury addresses "Palace Pier" with its private
restaurant, valet parking, tennis and magnificent lake views all just minutes from
downtown. Hey public transit is right at the front door and will take you right downtown
and back in under a half hour, as if Palace Pier residents take public transit and after
all Palace Pier has its own private residents shuttle service to Union
Station.
In the 80s a second tower "Palace Place" built by
Bramalea just before its demise, kind of stole some of Palace Piers views
introducing yet another very successful upscale residential development with absolutely
the best panoramic views of Toronto that money can buy. Not too far west a couple other
quality developments, "Marina Del
Ray" and "Grand
Harbour", both high end quality developments adorned Lake Ontarios
shoreline.
In the closing phases of 1998-99, with the majority of
sleazy motels succumbing to developers lucrative offers, the seedy strip introduced Newport Beach, another upscale
quality residential address with its two domed towers and large townhomes to
overlook a park. These spacious condos have all of the modern amenities like fitness area,
saunas, a boardroom, party room and private dining room with a specialty feature, a cigar
smokers room. The southern most tower offers some of the best waterfront views imaginable.
And then came the recent onslaught of development with the
introduction of Nevis, Players Club, Grenadier Landing, Waterford, Waterview (8 high rise towers) that
are destined to consume all frontage running between Palace Pier on the eastern end of
Humber Bay Shores clear through to Grand Harbour on its
western end. Like all other areas of Toronto, condo development is running at a
fevers pitch!
Thats where the "Sizzle" aspect of this
article comes in. I visited the sites on the weekend and managed to capture a couple of
quick photographs of the placement of a handful of these developments. I am not able to
address the entire Humber Bay Shores development plan in this article but would advise you
to tune in regularly as I am committed to fulfilling my pledge to pave the way to bring
you the information that you need as an informed purchaser. Today we are looking only at
the eastern end, approximately 1,000 yards of development into which has been crammed 4
high density developments.
Presales are marketed and sold with the use of
"renderings" which always have printed in small print at the bottom of the page
"subject to change without notice" or some modified version of this notice.
Take particular notice to the environment as
represented in the rendering appears to be unobstructed views in all
directions. This leads to another topic that we will be discussing another
day but allow it to suffice that these ads appear in two main magazines in the city of
Toronto and both carry a definite bias toward developers.
You will find one page article format (advertorials) which are really just
propaganda for developers. You will see what appears to be an editorial (usually written
by the developers PR department) exposing the merits and uniqueness of absolutely
every paying customer and later in the same magazine find that developers full page
ad. This is not to say that there is anything wrong with this. It is just important that
you, the Buyer fully understand that the great reviews, awards and ceremonies are all as a
direct result of buying advertising.
I am not paid by any of the developers to have them appear
on my site. I put them on my site and write about them honestly and objectively. Many
times I am badgered by developers and/or their agents because I am not saying what they
want said but the truth is what the public wants, expects and deserves and it is the truth
that you will find on simplycondos.com.
This series of photographs (shot August 2002) shows the
actual delivery (or almost delivery) of these condo developments. Ill
let the pictures speak for themselves but quite clearly there is a disparancy between the
renderings used to motivate buyers to purchase and the reality into which these buyers
move into when occupancy day arrives.
This does not assert any "bait and switch" or
devious activity on the part of the developer and/or their marketing companies. They are
doing their job, and, hey, dont forget about the disclosure at the bottom of the
page.
I am inviting all purchasers of these Humber Bay Shores condos to write in and express their level of
satisfaction with how the area is being developed, how satisfied you are with the
developer and how accurate you feel the sales material and representations of the
developers sales agents at the sites actually was. If you have a complaint, well
publish it (we see this as a great way for the buying public to be able to police the
industry). We will be giving each developer the opportunity to respond with assurance that their position will also
be published on simplycondos.com.
We are also running a survey of consumers to find
out your views on how you are dealt with at sales sites, how accurate you find the content
of MLS.ca as we have received numerous complaints over sold listings clogging up the
system and remaining offered for sale for weeks and months. As a Realtor, it is not my
position nor would it be appropriate for me to comment on such matters and I, therefore
respectfully will present only your completed questionnaires with comments.
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compensation for making available these meaningful insights is through buyers and renters
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learn what it is that you absolutely need to know when considering buying property in
Toronto. The information alone, however, is insufficient to insure that you get the right
condo at the right price, terms and conditions. The information is designed to enable you
to become sufficiently informed regarding the market to be able to make your own informed
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present to you qualifying properties and arrange viewings for you to inspect each
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