GTA Homes Magazine - February 11, 2023

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CONTRIBUTORS

WESTERN VIEW | MIKE COLLINS-WILLIAMS

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

REVENUE OFFICER

CHIEF

Jacky Hill

jacky.hill@nexthome.ca

EXECUTIVE MEDIA CONSULTANT

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca

HOME REALTY | DEBBIE COSIC

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

REALTY INSIDER | MICHAEL KLASSEN

Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential pre-construction listing brokerage. 1111realty.ca

MANAGING EDITOR Rise Levy

CONTRIBUTORS

Jesse Abrams, Linda Mazur, Amanda Pereira, Lisa Rogers, Jayson Schwarz, Dave Wilkes

SENIOR VICE-PRESIDENT, SALES, NEXTHOME Hope McLarnon

416.708.7987, hope.mclarnon@nexthome.ca

DIRECTOR OF SALES, ONTARIO, NEXTHOME

Natalie Chin 416.881.4288, natalie.chin@nexthome.ca

SENIOR MEDIA CONSULTANT

Amanda Bell

416.830.2911, amanda.bell@nexthome.ca

VICE-PRESIDENT, MARKETING – GTA

Leanne Speers

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

STAT CHAT | BEN MYERS

Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsulting.ca

Josh Rosset

DISTRIBUTION distributionteam@nexthome.ca

ACCOUNTING INQUIRIES accountingteam@nexthome.ca

DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs

VICE-PRESIDENT, PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

BILD REPORT | DAVE WILKES

Dave Wilkes is president and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony

GRAPHIC DESIGNERS

Johannah Lorenzo, Mike Terentiev

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BIG PICTURE, LONG TERM

Now that we’re midway through the second month of 2023, we can begin to look forward to improving market conditions and brighter, warmer and longer days.

Indeed, last year wasn’t the easiest for prospective homebuyers, as higher interest rates, concerns for the economy and inflation conspired to impart a chill over the real estate market.

According to the latest Royal LePage House Price Survey, for example, the aggregate price of a home in Canada decreased 2.8 per cent yearover-year to $757,100 in the fourth quarter of 2022. This was the first such decline recorded since the end of 2008 during the global financial crisis. On a quarter-over-quarter basis, the aggregate price of a home in Canada decreased 2.3 per cent – the third consecutive quarterly decline, though the smallest of the year.

But as we often discuss in HOMES and on nexthome.ca, you should view real estate locally, over the long term and even by property type. Case in point: Those Royal LePage numbers are for Canada overall, and of course when you buy a home, you don’t buy a national market; you buy one property on one street in one location.

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

EMAIL: wayne.karl@nexthome.ca

TWITTER: @WayneKarl

For the GTA, specifically, the aggregate price of a home decreased 4.6 per cent year-over-year to $1.06 million in the fourth quarter of 2022. On a quarterly basis, the aggregate price decreased 2.7 per cent; the third consecutive quarterly decline recorded.

Broken down by housing type, the median price of a single-family detached home decreased 6.7 per cent year-over-year to $1.32 million in the fourth quarter of 2022, while the median price of a condominium increased 2.7 per cent to $683,100.

Again, perhaps not spectacular numbers, but when we take a longer view, we get a different picture. The Toronto Regional Real Estate Board reports that the average aggregate selling price for 2022 was $1.18 million – up 8.6 per cent compared to $1.09 million in 2021. And underlining the need to examine specific property types, condo prices actually finished 11.3 per cent higher for the year.

Looking at specific markets, aggregate home prices for 2022 increased four per cent in Oakville, and seven per cent in Vaughan, according to Royal LePage.

For all the talk of doom and gloom, single-digit quarterly declines in some categories don’t seem so tragic. There are reasons to be optimistic, even positive, about the road ahead this year and into 2024 and beyond.

If you look at the big picture, long term.

INTEREST RATES, MONETARY POLICY AFFECT GTA NEW HOME SALES IN 2022

The GTA saw the lowest level of new home sales last year since 2018, the Building Industry and Land Development Association (BILD) reports.

Overall, in 2022, there were 25,400 new homes sold in the GTA, according to Altus Group, BILD’s official source for new home market intelligence. This was 29 per cent below the 10-year average.

Sales of condominium units, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, with 20,917 units sold in 2022, were 12 per cent below the 10-year average.

Single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 4,483 new home sales in 2022. This was 64 per cent below the 10-year average.

“The hesitation new home buyers showed in the latter half of 2022 was no doubt largely the result of continued high interest rates and tightening monetary policy,” says Dave Wilkes, BILD president and CEO. “With interest rates at the top of the cycle, the further two per cent imposed by the minimum qualifying rate will almost certainly prove to be an insurmountable hurdle for thousands of new home buyers trying to finalize financing this spring. The federal government needs to reconsider its approach to monetary policy so families can purchase the homes they need without artificial obstacles.”

“GTA new home sales started strongly in 2022 before easing in the second half of the year with annual sales sitting at a four-year low,” adds Edward Jegg, research manager with Altus Group. “However, prices steadied in December after months of declines, as buyer demand

and builder supply were more closely aligned.”

December contributed only 563 new home sales to the 2022 total. It was the second lowest level of new home sales for the month of December after December 2008. With 398 condominium unit sales, it was also the second lowest level of condo sales for December, since December 2008.

After five months of declining prices, the benchmark price for new condominiums rose in December, compared to the previous month, to $1.13 million. This is down 2.8 per cent over the last 12 months. The

benchmark price for new singlefamily homes rose, after four months of declining prices, to $1.75 million, down 4.2 per cent over the last 12 months.

With few new projects opening in December, as is typical for the month, total new home remaining inventory decreased compared to the previous month, to 13,320 units. This included 11,590 condominium suites and 1,730 single-family units, representing 6.6 months and 4.6 months of inventory respectively, based on average sales for the last 12 months. A balanced market would have 9-12 months of inventory.

DECEMBER NEW HOME SALES BY MUNICIPALITY

SLOW START

TO NEW YEAR BUT POSITIVE SIGNS ON THE HORIZON

As we moved from 2022 into 2023, the GTA housing market unfolded as expected, with January sales and overall average selling price similar to December 2022. On a year-overyear basis, both sales and prices were down, continuing to highlight the impact of higher borrowing costs on affordability over the last year.

“Home sales and selling prices appear to have found some support in recent months,” says Toronto Regional Real Estate Board (TRREB) President Paul Baron. “This, coupled with the Bank of Canada announcement that interest rate hikes are likely on hold for the foreseeable future, will prompt some buyers to move off the sidelines in the coming months. Record population growth and tight labour market conditions will continue to support housing demand moving forward.”

GTA realtors reported 3,100 sales through TRREB’s MLS System in January 2023 – in line with the December 2022 result of 3,110, but down 44.6 per cent from January 2022. The average selling price for January 2023 at $1.03 million was slightly lower than the December 2022 result, and down by 16.4 per cent compared to the January 2022 average price reported before the onset of Bank of Canada interest rate

hikes. The MLS Home Price Index (HPI) Composite Benchmark was in line with the December result, but down by 14.2 per cent compared to January 2022.

“Home prices declined over the past year as homebuyers sought to mitigate the impact of substantially higher borrowing costs,” says TRREB Chief Market Analyst Jason Mercer.

“While short-term borrowing costs increased again in January, negotiated medium-term mortgage rates, like the five-year fixed rate, have actually started to trend lower compared to the end of last year. The expectation is that this trend will continue, further helping with affordability as we move through 2023.”

“All three levels of government have announced policies to enhance housing affordability over the long term, including many initiatives focussed on increasing housing supply in the ownership and rental markets,” adds TRREB CEO John DiMichele. “Most recently, we were encouraged to see Toronto city council support the mayor’s 2023 Housing Action Plan as part of the City’s overall $2-billion commitment to housing initiatives.”

HOUSING MARKET RISK LOW DESPITE SHORT-TERM PRESSURES

While interest rate hikes served to destabilize most major Canadian housing markets beginning in 2022, homeowners are well-positioned to ride out the coming storm in large part due to lower loan-to-value ratios on new mortgages, according to a report from ReMax Canada.

The ReMax Canada 2023 Canada Housing Barometer Report examined average price and new mortgage values published by CMHC-Equifax Canada in 12 major markets from British Columbia to New Brunswick, to compare loan-to-value (LTV) ratios between Q3 2012 and Q3 2022. The report found that LTV ratios had declined in 67 per cent of markets (eight) over the past decade, with the greatest drops noted in London and Moncton (21 per cent), Halifax (15 per cent), Hamilton (14 per cent), Toronto (10 per cent) and Ottawa-Gatineau (nine per cent). Four markets, including Calgary, Edmonton, Saskatoon, and Regina, were up over 2012 levels, a trend that is set to reverse in the years ahead as Alberta and Saskatchewan’s economic engines gain momentum and drive homebuying activity. The lowest loan-to-value ratios were found in the most expensive markets, including Vancouver (50 per cent), Toronto (53 per cent), and Hamilton (54 per cent), while the highest loanto-value ratios were found in Regina (88 per cent) and Edmonton (83 per cent). Nationally, loan-to-value ratios hovered at 57 per cent.

“While challenges certainly exist in today’s high interest rate environment, risk factors for the overall housing market are greatly reduced when homeowners own a larger proportion of their homes,” says Christopher Alexander, president, ReMax Canada. “With half of loan-to-value ratios within the 50and 60-per cent range in Canadian

markets, homeowners are better able to withstand downward pressure on housing values and fewer will find themselves underwater, carrying upside down loans.”

Three factors were largely responsible for the downward pressure on loan-to-value ratios over the past decade, according to the report: Equity gains, the pandemic facilitating the ability to work remotely in smaller markets, and the transfer of intergenerational wealth, particularly in the latter half of the last decade and the early 2020s.

“Government implemented measures to reduce risk to the country’s housing markets, including the much-maligned stress test, have also gone a long way in maintaining the overall health of the Canadian market,” says Elton Ash, executive vice-president, ReMax Canada. “The housing market in Canada has a reputation for stability relative to other international markets, and prudent policy plays a substantial role.”

Rapid population growth was identified as a primary catalyst in driving homebuying activity over the past decade, with the quarterly population estimate rising 12.1 per

cent nationally from Q3 2012 to Q3 2022. Interest rates also played a starring role over the 10-year period, with the overnight rate dropping to 0.25 per cent in May of 2009 and maintaining relatively low levels throughout the 2010s, climbing in 2018 and 2019 only to fall again to 0.25 per cent in 2020.

Population growth is expected to continue in the years ahead, given the federal government’s commitment to increase immigration levels, but interest rates will likely remain relatively high in the foreseeable future, which should temper homebuying activity to some extent, particularly in the first half of the year.

“The bottom line is that the dream and desire for homeownership is unmistakable,” says Alexander. “The mechanisms in place to underpin stability are working, and although more challenging conditions in 2023 may cause some to temporarily take pause, the longer-term outlook remains positive. Once the Bank of Canada has signalled that it is done with quantitative tightening, the market is expected to return to more normal levels of homebuying activity overall.”

WE’RE HERE NOW… BUT WHAT’S

OVER THE HORIZON?

targets yet laid out by the Canadian federal government, due to this influx of new residents, Wein believes this market will continue to be highly active. Following, we touched on several topics impacting the future of Toronto’s development landscape.

deployed more efficiently to where they’re needed.

AfforDAbIlIty

When the pandemic started in 2020, many people wondered when it would end, or if it would end. The Bank of Canada lowered interest rates to emergency levels and left them there. This ultimately resulted in bubble-like conditions in many housing markets across the country.

Since then, to combat high prices and inflation, the Bank of Canada has raised rates aggressively, driving down housing demand and average pricing. What does this mean for the real estate market in 2023? I asked a prominent developer for his opinions on a recent episode of my podcast: Where is Toronto going in the shortand long-term, and what should we know along the way?

Chris Wein, president and CEO of Lanterra Developments, has been in the trenches of Canadian development for more than 25 years. He has seen where we’re coming from, and has plenty of thoughts about where we might be heading. In our recent discussion, one of the first things he mentioned was the GTA’s unique position in North America, absorbing 70 per cent of the new Canadian immigrants.

Wein made the anecdote that if New York City did the same thing, it wouldn’t be 12 million people, it would be closer to 75 million. He sees Toronto more like a European capital, absorbing significant swaths of newcomers more attuned to London, England, than New York City.

What does this mean? It means with the most ambitious immigration

Work AnD thE rEturn to thE offICE

Wein has faith in downtown Toronto and calls it vibrant and resilient. He noted that while Lanterra already has brought people back to the office and many other places are making similar moves, the former office system design is due to change. The amount of space used previously will be reduced. He envisions what he calls “boutique” commercial, a fusion of residential and commercial uses in a single building, typically with office space in the podium. Wein believes we’ll see fewer purpose-built office towers.

MobIlIty

Wein talked of a future where cities embrace more dynamic, in his own words, “micro-mobility” options. Micro-mobility involves transportation options such as electric scooters and bike shares, helping bridge the gap of those last few blocks that traditional public transit does not deliver its ridership to directly (often referred to as “the last mile”). Putting skin in the game beyond just idle chat, he noted that Lanterra buildings are now committed to providing their residents with micro-mobility options.

Wein was lukewarm on autonomous individual vehicles and electric cars, and he felt that autonomous public transit was the way forward. Without the need to have drivers, these vehicles could be

On the always pertinent topic of affordability, Wein proposes several changes. First, reduce taxes and levies on developers, which are the highest in North America. Continue increasing density in the GTA and outlying areas to increase housing stock in high-demand areas. And finally, streamlining Toronto’s zoning policies. He feels a housing czar could help with Toronto’s confusing and sometimes combative (between government agencies) zoning policies. He also said that streamlining much of the process and not making it as beholden to the decision-making of individual councillors could help get more shovels in the ground. He wants to see areas of Toronto have preapproved density limits.

Wein has operated in many Canadian and U.S. markets, and offers valuable opinions on the future of the market. I would suggest you read as much as you can from several different sources before you make a purchase decision in 2023. Surround yourself with an experienced team and do your homework. Good luck.

Ben Myers is the President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. Contact him at bullpenconsulting.ca and @benmyers29 on Twitter.

THE HOMEBUILDING INDUSTRY

IS THE ENGINE THAT DRIVES ONTARIO’S ECONOMY

The homebuilding industry is the engine that drives the provincial economy, supporting a remarkably wide range of businesses across various sectors. Residential construction at large creates thousands of jobs at a local level, and helps local communities grow and thrive. In fact, in 2021, a total of 1.44 million on- and off-site jobs were created in new home construction, renovation and repair across the country, making the sector one of Canada’s largest employers.

In Ontario alone, the residential construction industry supported approximately 555,000 on- and offsite jobs in careers as wide-ranging as architecture and engineering to carpentry and plumping. This work resulted in $37.7 billion in wages that show up in other consumer spending across the entire economy and which helps increase economic activity:

• New home construction in Ontario created more than 220,000 jobs, resulting in $15 billion in wages

• The home renovation and repair industry created close to 334,000 jobs with $22.7 billion in wages that significantly contribute to an active and healthy local economy.

Residential construction also brings a healthy amount of economic ripple effects. Large projects not only provide employment for thousands of local workers, but also contribute to the preservation and growth of other local businesses that directly or indirectly

cater to their needs. From suppliers, manufactures and subcontractors, to restaurants, coffee shops, retail stores and home services.

Think about all the components of a new home – from appliances to flooring, bricks and the roof to the furniture and electronics – that are purchased when people move in. Each new building brings new jobs, increased local spending, neighbourhood improvements, infrastructure and more.

The homebuilding industry leads Ontario’s socioeconomic growth and is also the largest single wealthbuilder for most families, as it provides for $76.9 billion in economic investment. Homeownership is a long-term investment that provides financial stability. It functions like an automatic savings mechanism that helps families build wealth through home value appreciation and by building home equity.

The residential construction and renovation industry is an investment-led sector that generates employment, research and development, commerce and infrastructure, and is vital for economic growth and prosperity. It is a major pillar of our economy on both provincial

and national levels. On a local level, the economic impact of the industry is outstanding. In fact, the economic output of just the West End Home Builders’ Association (WEHBA) members – which are based in Hamilton, Burlington and the surrounding regions – is larger than the entire province of Saskatchewan’s residential construction economic output.

A building is just the starting point of an unravelling ribbon of business agreements that touches thousands of different professionals by the time it is unfolded. When the WEHBA embarked on our rebranding exercise, the main goal was to think of a brand that reflects the inclusiveness and business diversity of our industry. The emphasis on “WE” connotes strong collaboration, and it recognizes all the various trades, services and other intermediaries that come together to make the industry such a strong foundation in our community.

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

MIKE COLLINS-WILLIAMS

building small town canada.

We start with location. We let the land decide what our communities should look like. We create simple yet remarkable amenities to bring families together. That sense of place helps to determine the design and character of each community’s Master Plan.

Ask yourself if what you’re looking for is a place to live – or a place to Live Remarkably.

GROWING RENTAL MARKET

THE PERFECT OPPORTUNITY FOR INVESTORS

renting-over-buying trend will continue for some time, with the lack of supply, affordability challenges, demographic preferences and other factors raising roadblocks to ownership.

According to the Organisation for Economic Co-operation and Development (OECD), Canada now has the most expensive housing market among the G7 nations. OECD is an international organization that existed for 60 years working to address social, environmental and environmental challenges and establish evidence-based standards.

With a home price-to-income ratio of 148.16 in the third quarter of 2022, it’s no wonder that Canada leads the way in costly housing. For comparison, that figure in Italy is 92.4. It is also easy to understand why renting in Canada is at an all-time high. In 2021, two-thirds (66 per cent) of Canadian households were owned, which is close to the OEDC average of 64 per cent. Since that time, however, the number of renters in Canada has increased more than three times the rate of homeowners.

Interestingly, these renters come in all ages and backgrounds, but especially in baby boomers who live in smaller cities. Statistics from the 2021 Census tell the story, with nearly five million households across the country being rented, and renters accounting for most of the growth over the past decade.

What does it all mean? The market is hot right now for savvy investors who understand how to make the most of timing. It is likely that the

Two examples show the win-win situation for both renters and ownerinvestors, considering the current 5.49 per cent mortgage interest rates (and keeping in mind that the 10year average is 3.3 per cent). At Voya Condos in Mississauga, a 709-sq.-ft., two-bedroom condo would carry for $4,337 per month at 5.49 per cent, and rent for $2,900. It would carry for $3,476 per month at 3.3 per cent, and would rent at $2,900 as well. At The Grand in Pickering, a 719-sq.-ft., twobedroom suite carries at $3,820 at 5.4 per cent and $3,062 at 3.3 per cent, and would rent for $2,650 in both cases. Renting obviously appeals to dwelling-seekers who find purchasing a home financially unattainable.

Millennials are renting for longer periods than their parents and grandparents did. Remarkably, though, between 2011 and 2021, Baby Boomers became the fastest-growing group of renters. This means that investors have the spectrum of ages to rent to. Remember that Canada just welcomed a record number of immigrants in 2022, with even more expected this year. Usually, these newcomers rent for the first few years of living here.

Then let’s look at our aging population, which live in nearly a quarter of tenant-occupied dwellings in Canada. This is happening for numerous reasons. In the case of condominiums, older tenants can

say goodbye to the worries of repairs and major maintenance, and take advantage of beautiful amenities right in their buildings. Single people of all ages find it more economical to rent, as they don’t have two incomes to rely on. It all adds up to now being a great time to invest in real estate.

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

“

” Millennials are renting for longer periods than their parents and grandparents did.

DEBBIE COSIC

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Branthaven will unveil its latest collection of brand new luxury townhomes in the coveted West Oak Trails Oakville neighbourhood this year.

Perfectly located where Upper Oakville’s sought-after West Oak Trails and Glen Abbey communities meet, West&Post is an intimate enclave of two- and three-storey townhome collections with stunning two-, three-, four- and even fivebedroom options – designed to

accommodate today’s new-home buyers throughout the various stages of their family life and home buying journey.

At West&Post, Branthaven will introduce FlexFit, a collection of flexible floorplan options designed to address the needs of everyone’s unique homebuying criteria.

“Today’s homebuyers want smart spaces that really work for their lifestyles and home ownership aspirations,” says Steve Stipsits,

president of Branthaven. “With West&Post, we have explored a number of smart spatial configurations and unique living arrangements that are just right for today’s savvy homebuyers.”

Just starting out? Why not consider the advantages of shared homeownership? Enjoy the dedicated space, respectful privacy and financial freedom of dual primary layouts – featuring two separate spacious primary bedrooms

with their own boutique-chic ensuites – ideal for balancing shared homeownership, or even as a smart rental investment opportunity. Dual primary suites offer the best of both worlds – being together yet apart.

West&Posts’ three-, four- and five-bedroom options make plenty of sense for growing families and multigenerational family living.

“There is a real demand for smart floorplans that celebrate family connectivity – especially with the rising costs of housing, childcare and aging parents who want to be together and benefit from family support,” adds Stipsits. “Buyers can choose from a variety of three- and four-bedroom layouts with family baths and handy second floor laundry. Parents will enjoy the refuge of a generous primary suite with walk-in closets and choice of standard four-piece or luxury fivepiece spa-like ensuites.”

Need even more space? The options for FlexFit finished basements are endless. Flexible, innovative layouts mean growing families can “stay and play” together by selecting the lower-level options to best suit their own specific needs. Choose from FlexFit’s recreation room/bedroom/powder room or full bath combinations – terrific for a playroom, teen hangout, yoga/ exercise room or even a quiet home office. Or, consider the opportunity for adult children or in-laws to live together, but have a personal retreat. The five-bedroom/bath

option does that, and is perfect for multi-generational families to live independently and in harmony.

“Branthaven is renowned for our smart, spacious and functional floorplans,” says Dan Marois, sales manager for Branthaven. “We are consistently re-thinking floorplans to deliver the enhanced lifestyle and attainable luxury our buyers want. West&Posts’ new traditional townhome collections are sure to please.”

Whether your choice is a two- or three-storey townhome, West&Posts’ main floor living spaces have been designed for openness and simplicity – just what today’s families want. Enjoy a welcoming foyer, discreet powder room, soaring nine-ft. ceilings and warmth of the large rear windows and oversized patio sliders for easy access to the outdoor patio, or fullwidth terrace (depending on plan).

Seamless circulation of the Great Room, formal dining or casual breakfast room and adjacent kitchen area means great flow with no wasted space. The flexible layouts allow plenty of room for furniture options and functional places like work from home stations and artful display areas. “Homebuyers can select the best plan to suit their lifestyle needs,” says Marois.

Branthaven has earned its reputation for high-quality built-in standard features. These designforward “Fresh Thinking” features and finishes are included, so there’s no need for costly upgrades. West&Posts’ kitchens are packed with smart ideas and stylish good looks for today’s multi-tasking families and busy social life. There are many valueadded features buyers will truly appreciate, such as the furniture-style cabinetry, deep drawers, high arc faucet and double sinks, solid surface countertops, backsplash and lots of gourmet options to personalize your good taste should you wish.

West&Posts’ “Fresh Thinking” main bath and luxury ensuites are stylishly appointed with hotel-inspired good looks and family-friendly functionality. The modern-style elevated vanity has plenty of drawers and counter storage for everyday essentials. Spa-like tub and shower enclosure, single-lever faucets, solid surface countertops and custominspired options for double sinks that make busy family morning routines calm and collected.

West&Post boasts Branthaven’s signature architecture style, while marrying new materials and old-world craftsmanship. High performance, maintenance-free materials such as easy-care craftsman vinyl shakes,

quality clay brick and chic black windows that not only define their architectural styles, but their low-E coating provides additional insulation and warm and inviting interiors.

Whether a two-storey townhome or the three-storey double-garage rear-lane collection, West&Posts’ exteriors are handsomely clad in architecturally authentic materials –rich brick and rustic stone for instantly discernible architectural style and curb appeal.

With just 54 homes, West&Post is a very rare intimate enclave within the mature West Oak Trails community. Residents will enjoy the boutique ambience of the two landscaped entry features, pretty parkette, internal walkways and enclave setting.

Located in Upper Oakville at the crossroads of Westoak Trails Boulevard and Postmaster Drive, West&Posts’ established location puts you in the centre of it all. Step out to every amenity you’ve always wanted. You’re surrounded by abundant greenspaces – premium playgrounds,

meandering walking paths, pretty ponds and lots of people places and dog parks. Westoak Trails’ dedicated bike lanes are at your doorstep, so getting around is safe for the whole family. You’re also in Uptown Oakville’s top ranked elementary and secondary school districts, with top sports fields and state-of-the-art community centres. The Bronte GO Station, Hwy. 407 and the QEW are all handy for commuters. Find

UP-AND-COMING LOCATIONS

POPULAR FOR SUBSTANTIAL ROI

In a recent column, I mentioned keeping an eye out for up-andcoming areas when looking for a preconstruction home or condominium. As an area builds up, residential real estate will increase in value, creating an attractive return on investment. Plus, if you are willing to live or invest outside the GTA, you can find amazing deals.

Stratford, for example, is known for its theatre and arts focus, with the Stratford Festival attracting more than a million people each year – but it is also home to a robust automotive industry and technology clusters. This forward-thinking city invested in fibreoptics to make the entire municipality “connected.” Residents can use their devices anywhere, even walking down the street. For years, the City has been bidding for technology contracts from government and private companies to bring in work opportunities for highly educated tech employees. The area features great restaurants and a culinary school, as well. Average townhome prices range from the low- to mid-$600,000s to the $800,000s; and detached from about $950,000 to $1.2 million. Stratford has extremely low vacancy rates for residential rentals (less than one per cent) and commercial venues. Home prices are on the rise, so wise home shoppers are buying now.

Niagara Falls also offers some of the best home prices in the Golden Horseshoe. Townhomes tend to run from the $700,000s to the $900,000s, and detached homes from $1 million to about $1.4 million. Condos range from $650 to $900 per sq. ft. These prices are $50,000 to $150,000 less than comparable homes in the GTA. People in the industry are calling Niagara “the new Brampton,” because you can still find 45- and 50-ft. lot sizes there. A 2,600-sq.-ft. home on a 45-ft. lot will go for about $1.2 million in Niagara, whereas in Richmond Hill, it would be $2.5 million. Niagara residents enjoy great highway access and the GO train with day service available to take riders to Union Station in Toronto. In two years, the new University of Niagara Falls Canada will open, making the city even more desirable. Besides being a natural wonder, the region is also home to renowned hospitals and outstanding wineries. It’s an amazing place to live, work and play.

Another area to consider is Grand Bend, offering beautiful beachfront

communities on Lake Huron. The beach feeling is enhanced by a boardwalk with shops, eateries and entertainment, as well as boating and other water sports. Because of this, Grand Bend is often referred to as “Florida North.” With the population swelling to about 50,000 each summer, rentals near the water can average about $6,000 per week. Even with higher interest rates, the ROI for investors is substantial. Average lowrise home prices in Grand Bend range from the $700,000s to $1.1 million for detached, and those include a high level of features and finishes.

For outstanding real estate deals, think outside the GTA.

mIChAeL KLASSeN

Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential preconstruction listing brokerage. 1111realty.ca

DISCOVER THE ENDLESS POSSIBILITIES

TO FINDING YOUR DREAM AT FIELDGATE HOME’S SIGNATURE GTA COMMUNITIES

For more than 65 years, Fieldgate Homes has been building awardwinning master-planned communities and residences – cherished by families for generations – changing and shaping the GTA and southern Ontario landscape. Every home is designed to reflect the contemporary needs and wants of the homebuyer through consistent community engagement. The company’s exceptional quality is marked by superior construction, innovative designs, unmatched attention to detail, attentive customer service and the assurance that when you own a Fieldgate home, you are family.

Fieldgate Homes is now open for purchasing by virtual sales appointments across the GTA. You can connect by phone, video chat or email for a secure and convenient homebuying experience. Sales teams are waiting to help you find your perfect Fieldgate home. Explore these featured communities and contact the company today.

NORTH YORK: KENNETH & HOLMES

Move-in ready townhome available now – only one remains for sale

Make the most of your opportunity to own in the heart of North York with a move-in ready townhome, with two parking spaces and two lockers included, now available at Kenneth & Holmes. Live steps from Yonge and Finch in this boutique residential enclave connected to everything that matters.

Register now at fieldgatehomes. com for your chance to own in this limited release before it’s too late.

THE CRESCENTS: BRAMPTON

Coming soon – grand opening of freehold townhomes and singles

Experience a master-planned community that surrounds you with Brampton’s finest at The Crescents. A collection of 30-, 38- 45- and 50-ft. singles and freehold townhomes

– on mostly cul-de-sac streets –just steps from Conservation Drive Park and Heart Lake Conservation Park. Immerse yourself in the city’s unmatched urban amenities, schools and services. Forge new connections with the convenience of Ontario’s fastest transit network, or stroll through the incredible greenspace

with woodlands, parks and trails. Find the perfect place for your growing family in the city, against a vibrant backdrop of culture and energy.

Register now at fieldgatehomes.com.

IMPRESSIONS: NEW KLEINBURG

Coming soon – grand opening of freehold townhomes, semis and singles

New Kleinburg is a community of inspired family residences in a beautiful setting just moments from the heart of historic Kleinburg. With the future Hwy. 427 extension just minutes away, a new community school and excellent urban amenities close at hand, life in Kleinburg has never been more convenient. Coming soon, discover a remarkable collection of expansive one- and two-car freehold townhomes, semis and singles in this beautiful master-planned community.

Register now at fieldgatehomes.com.

PICKERING: SEATON

Now open — freehold townhomes with one-and two-car garages now available

A serene natural landscape merges with the convenience of incredible big city amenities at Pickering’s awaited Seaton community, now open. Live at the crossroads of classic and contemporary with a remarkable collection of freehold two- and single-car garage townhomes with up to four bedrooms in a skillfully designed community setting. This new community truly has something for everyone with Pickering Town Centre, beautiful Lake Ontario, shopping, greenspaces, restaurants, Toronto’s eastern border and so much more just minutes away.

Be first to own during the Seaton Grand Opening by registering now at fieldgatehomes.com.

AJAX: ATOWNS

Ajax final release – urban townhomes

The final release of stunning urban townhomes at the aTowns Park Collection in Ajax is now open. At Bayly Street and Salem Road, discover new family-sized residences backing onto open greenspace, a series of parkettes, sports court and more, all connected by winding walking trails weaved throughout. Better still, live surrounded by modern amenities and mere moments to Lake Ontario. Get the most out of Ajax’s bustling downtown area and enjoy great shopping, tasteful dining, convenient GO Transit, easy access to Hwy. 401 and so much more all nearby.

Register now at fieldgatehomes.com.

MILTON: VALLEYLANDS OF SIXTEEN MILE CREEK

Coming soon to Milton – executive 30-, 36- and 43-ft. detached singles

Introducing executive riverside living in a natural enclave setting with Valleylands of Sixteen Mile Creek, coming soon to Milton. Take advantage of your rare opportunity to own 30-, 36- and 43-ft. detached riverside residences with lots backing onto Sixteen Mile Creek. Moments to southern Ontario’s most acclaimed golf courses and protected greenspaces, retail and restaurants,

schools, services and access to the most convenient transit options, embrace a lifestyle unlike any other in Milton.

Register now at fieldgatehomes. com for exclusive updates and priority purchase opportunities on Valleylands of Sixteen Mile Creek.

SHELBURNE: EMERALD CROSSING

Shelburne final release – 36- and 40ft. singles

The final release at Emerald Crossing is now open. Discover a beautiful country landscape surrounded by every modern convenience imaginable in Shelburne’s most anticipated new home community. Enjoy a collection of 36- and 40-ft. singles available now just minutes from big brand outlets, remarkable restaurants, breathtaking greenspaces, ski hills, golf courses and much more. Shelburne has been Canada’s second-fastest growing municipality, so there’s no better time to get in on its best new home opportunity.

Register now at fieldgatehomes.com.

WEST WHITBY: WHITBY MEADOWS

Grand Opening coming soon – new release of freehold townhomes, semis and singles

A new release is coming soon with the Grand Opening of Whitby Meadows Phase 3. Take advantage of spectacular residences in one of the GTA’s most popular communities with all-new townhomes, semis and 36and 42-ft. detached designs. Find a master-planned community offering west Whitby’s best lifestyle near shopping, restaurants, Iroquois Park Sports Centre, Whitby GO Station, Heber Down conservation area, excellent schools and more.

Register now at fieldgatehomes.com.

STOUFFVILLE: CITYSIDE

Coming soon – Grand Opening of 36- and 40-ft. singles Make your dream home come true in an incredible community setting

just moments from Stouffville’s best amenities. Featuring a new release of 36- and 40-ft. singles, embrace city sophistication and country charm from an ideal neighbourhood located close to Markham, Hwys. 404 and 407, and the Stouffville GO Station.

Register now at fieldgatehomes.com.

NORTH OSHAWA: DREAMSCAPE

Register for the Grand Opening of townhomes, 30-, 36- and 42-ft. detached singles. Enjoy affordable living in north Oshawa with the incredible residences of Dreamscape, now open. This highly anticipated new home community offers a superb mix of expertly designed and crafted townhomes, 30-, 36- and 42-ft. singles moments to the best modern amenities Durham has to offer. Big box stores, bespoke boutiques, delicious dining, great schools, trails and conservation areas await those who call Dreamscape “home.”

Register now at fieldgatehomes.com.

SPRING VALLEY VILLAGE

NATURAL LIVING FROM BALLANTRY HOMES

Life between the woods, the stream and the pond. Can you picture it? The trees swaying gently overhead, while the stream softly beckons. Skipping stones on the pond on a summer’s day, or exploring the nature all around you. It’s not just a dream. This is life at Spring Valley Village.

A rare, magnificent collection of all-detached homes nestled within its own private enclave, Spring Valley Village recalls a lifestyle rooted in connection. Where the streets are safe for children to play, and schools are just walking distance away. Where spectacular detached homes come with private backyards, with greenspace just beyond. Where a well-established neighbourhood provides the comfort you crave, and the convenience you need. This exclusive collection offers the prestige you’ve been seeking, in the location you love.

THE ULTIMATE BRAMPTON SETTING

Close to the junction of Queen Street West and James Potter Road, everything you need is close to home. Two major grocery stores, just down the road. A highly-rated public elementary school within a 10-minute walk, with a secondary school right across the street. Catholic school options are just a short drive. Parks. Playgrounds. Walking trails and community centres. The lifestyle you’ve always wanted for your children, with the convenience of everyday amenities. What more could you ask for?

Of course, Brampton’s urban energy is always ready to rise to that challenge. Between trendy restaurants, upscale shopping opportunities, and a vibrant local culture, it’s a city that has made a name for itself within the dynamic

urban landscape of the GTA. Stop to shop at the Bramalea City Centre, just 15 minutes away. Cultural landmarks at the Rose Theatre and Peel Art Gallery are both only 10 minutes from home. And when you’re looking to go farther afield, Hwys. 401, 407, and 410 are always close by for a quick commute into Toronto.

LIMITED RELEASE, UNLIMITED LUXURY

A community of all-detached homes within a city setting has become a rarity, but at Spring Valley Village, this is the blueprint for every home. Artful architecture enhances the neighbourhood through a welldeveloped streetscape of natural clay brick, with traditional stone, stucco and aluminum accents. Stately columns to create an elegant entrance. And of course, beautiful landscaping to integrate

the community into the rich natural backdrop of Spring Valley Village.

Stepping inside, breathtaking interiors transform your home into a showstopping masterpiece, expertly tailored to your tastes. Sleek modern kitchens showcase custom-quality cabinetry with extended-height uppers, gleaming quartz countertops with a bold modern profile, and some with a convenient walk-in pantry. Luxurious bathrooms with frameless glass showers, engineered hardwood flooring throughout the main living spaces, and pristine ceramic tile for durability in all bathrooms, laundry and kitchen. And with exceptional craftsmanship in every detail, the quality and comfort is all but guaranteed.

Of course, a home isn’t just about looks. A home has to work for your lifestyle. Spring Valley Village has been carefully designed to support the needs and wants of modern homeowners, with spacious layouts of more than 3,000 sq. ft. inviting you and your family to grow and thrive. Open-concept living spaces create natural flow throughout the home, and encourage the family to come together. Floorplans of four to six bedrooms offer space for the whole family, and add versatility to every design, with the opportunity for a home office, den or guest room. Whatever your needs, these dynamic layouts are here to provide.

BUILDING DREAMS ACROSS THE GTA

Like the quality houses it builds, Ballantry Homes is a company with a solid foundation built upon a commitment to consistently delivering award-winning homes and communities.

In 1989, two men made the commitment to pursue a dream they both shared – to create and bring to fruition a new-home building company which met and exceeded every expectation of the modern homebuyer. David Hill and Bobby Bhoola were a perfect pairing for this enterprise, with extensive expertise

in homebuilding and land and commercial development, preparing them for success.

The partners shared a goal which has become the cornerstone of Ballantry Homes: To build with the finest quality in design, materials, construction and especially to offer exceptional customer service that cultivates long-lasting homeowner relationships.

Having built some of the finest homes and master-planned communities in and around the GTA, Ballantry’s reputation for meticulous

attention to detail and craftsmanship has earned the trust of thousands of satisfied homeowners across more than 35 communities, and 10,000 beautiful homes.

Today, Ballantry Homes is bringing modern family living to one of Brampton’s finest neighbourhoods. Live between the woods, the stream and the pond in an amazing alldetached community at Spring Valley Village.

PREVU, PRONTO AND LOSANI

TRANSFORMING HOMEBUYING FOR A BETTER EXPERIENCE

Losani Homes is revolutionizing the homebuying experience in Canada with its cutting-edge tech and customer-first approach. When it comes to peace of mind, Pronto Homes on Demand by Losani Homes has you covered, with built-in builder discounts, numerous upgrades and a guaranteed price and closing. This

means that you’ll have a stressfree homebuying experience, making Pronto the smart choice for homebuyers who want to bypass the traditional, lengthy, and often stressful homebuying process.

With the ability to purchase highquality homes in as little as 30 days, the Pronto Homes on Demand

program offers unparalleled flexibility and convenience. The homes are constructed to a drywall stage or fully finished, allowing you to tour your dream home and watch it come to life right before your eyes. This means that you can start moving in much sooner than with conventional homebuilding methods.

Losani Homes takes the homebuying process to the next level with its exclusive PreVU visualization software. This advanced technology provides a true-to-life, 3D tour of your new home, giving you the ability to visualize every aspect of your kitchen, bathroom and other living spaces with stunning detail. With PreVU, you’ll be able to confidently make informed decisions, eliminating any surprises or unwanted changes, and ensuring that your new home meets all of your wants and needs.

PreVU is designed to enhance every stage of the home-buying journey. During the early stages of searching for a new home, PreVU allows you to tour every Losani floorplan, giving you a realistic view of what your new home will look like. This level of transparency and peace of mind is unmatched by conventional homebuying methods. When it comes to designing your dream home with the help of Losani’s in-house consultants, you’ll have a crystal-clear understanding of your new home, making the design process seamless and stress-free.

Even after you close on your new home, PreVU continues to be a valuable tool as you shop for furnishings and accessories. With its visualization capabilities, you can make sure everything is the perfect fit, making the entire process of

buying a home more enjoyable, more informed and less stressful.

Losani Homes is committed to making the homebuying process as easy and stress-free as possible. The purchasing a home is typically the largest purchase of someone’s life – Losani is dedicated to delivering a positive and seamless experience. With Pronto Homes on Demand and PreVU, the company has achieved this goal and more, providing homebuyers with the solution they need to turn their dream home into a reality.

In addition to developing innovative homebuying programs, Losani Homes is renowned for its commitment to quality construction and attention to detail over its 50-year history. The team of experts ensures that every home built meets a high standards of

excellence. These homes are not only beautiful, but also built with the latest construction techniques, making them durable and long-lasting.

Losani Homes is also focused on creating vibrant and dynamic communities. The company builds homes in areas that are wellconnected and offer easy access to shopping, dining and recreational amenities, making them the ideal choice for anyone looking for a new place to call home.

Losani Homes currently offers homes for sale in Brantford, Hamilton and Paris, where they are quickly becoming the preferred choice for homebuyers.

Visit the website or sales offices to see for yourself – losanihomes.com.

A T RE E FO R EVE RY HER O.

Join us in planting 2 million trees along the 401 Highway of Heroes, a tribute to the men and women who fought for Canada in our wars, and a living memorial to the 117,000 who died for freedom.

Get involved today:

As part of Trees for Life’s Tree Coalition, we are proud to work collaboratively with GrandTrees Climate Solutions.

HOMES Magazine salutes the following companies for their dedication to customer service.

After-Sales Service is an essential component of a healthy new home industry. These builders are proud of their commitment to the principles of excellent customer service.

CUSTOMER SERVICE

by BILHA KANGETHE

Spotlight on spring

It’s not all gloom and doom for 2023 — there is some light to help you get through what is anticipated to be a challenging economic time. We combed through the trend diaries and noticed an overarching theme in mind.

This year is all about celebrating your authenticity and focusing on sustainability, paving the way to establish new connections within the spaces in your home and most importantly, with your loved ones.

Whether you are looking to spend this spring decluttering, choosing to refresh your space or renovating and making major changes, why not plan ahead and enhance your interiors with what we have discovered?

Freedom of expression

Functional maximalism is taking centre stage this spring, allowing you to express yourself fully through colour, texture and

material, all the while helping with your daily rituals. Multisensory touchpoints infused in a space — for example, wallpaper, incorporating a bold couch with rich colour schemes, or mixing pieces from the past and present — will be ruling our interiors with a focus on high-low design in the home. It’s a pared-back design, with the classic and the timeless taking a back seat to usher in an era of expressionism and individuality.

Photo : TThe Lifestyle loft

Buckle up – spring is fast approaching, and with it, the excitement to usher out the old and bring in the new

Furniture fundamentals

It was in 2020 that we began to see a shift in the furniture and decor industry. Manufacturers and designers began to dive deep into recreating furniture collections, blending clean lines, elegant shapes, and materiality, pushing the boundaries of what we have been acustomed to see over the previous years.

In 2023, there has been an upswing, with different eras expressed through modernity. Working with rich velvets, bouclé, hair on hide, mohair and vegan leather, the trends are predicting that this industry is going to continue to shift and elevate in design and functionality, while making these pieces approachable.

We have loved and lived with bleached woods, but we are noticing that designers and manufacturers are veering away from the Scandi influence and beginning to use darker, richer tones. Everything from walnut to black mango wood, wood veneer and rich marble, we are loving all the moody vibes that this trend is giving. All you need is one statement piece that will be the conversation starter at a dinner party or barbecue you will host this spring.

Tantalizing tables

The devil is in the details, and yes, our dinnerware, silverware and serving ware will have its moment. Form, uneven organic shapes, rustic textures, and warm woods converted to sculptural serving essentials are all designed with one goal in mind — to intentionally spark some gleam when serving your most coveted foods and recipes. An inexpensive way to refresh your space and decor, this spring’s trends enable you to create a delightful tablescape to reflect the freshness and vibrance of the season and celebrate a new and exciting year ahead.

SPRING TRENDS TO OWN NOW!

Bilha Kangethe is founder and creative director of The Lifestyle Loft. As a certified designer and interior decorator, she has created a company that focses on the needs of each client and customer and helps them curate a lifestyle that is comfortable and economical. thelifestyleloft.com

Tondo SERVEWARE collection. crateandbarrel.ca

Bowtie green velvet SOFA. cb2.ca

Everett ACCENT CHAIR madegoods.com

Shutter high-gloss walnut MEDIA CONSOLE. cb2.ca

Pile parfait MUG crateandbarrel.ca

Jass marble SIDE TABLE. cb2.ca

Kulti BOWL thelifestyleloft.com

Shibori PLATE thelifestyleloft.com

The latest properties in the Greater Toronto Area to keep your eye on FIND YOUR NEXT HOME

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

MAPS

Locate properties using the map on the following page

HOT PROPERTIES

The latest properties in the Southwestern Ontario Area to keep your eye on FIND YOUR NEXT HOME

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

MAPS

Locate properties using the map on the following page

MAPS

Niagara

From knockdown to knockout

The National Home Show Returns!

Come see the largest North American display of all things home. Hang out with chefs and sample delicious food in the Outdoor Kitchen, walk through the Bonneville Feature Home + Garden Suite, learn from experts in the Speaker’s Lounge, and discover innovative products and great deals from more than 500 vendors!

Tickets and info at nationalhomeshow.com

BUILDING THE HOMES WE NEED REQUIRES

EMBRACING CHANGE

Every great achievement begins with a goal, and our industry has a monumental one: To build 1.5 million homes in Ontario in the next decade. This is the number of new homes that Ontario’s Housing Affordability Task Force identified last year as necessary to address our housing supply shortage and bring back affordability and balance. Meeting this goal will require our industry and decision-makers to embrace change in four areas – people, productivity, processes and policy – this year and in the decade to come.

To build 1.5 million new homes in 10 years, we need to increase the number of annual housing starts in Ontario by 50 per cent over the highest number we have been able to achieve since 1987 – approximately 100,000 in 2021 – and maintain that level for 10 years. Hundreds of thousands of workers are required for the task, not only skilled trades but also managers, planners, architects, designers, lawyers and other professions.

Like all other sectors, the building industry is facing the urgent challenge of attracting and retaining workers as boomers retire. We need to cultivate all pipelines of talent, including those who may not traditionally have considered careers in construction and development. The federal government can help by ensuring that some of the nearly 500,000 new immigrants to arrive in Canada annually are in the skilled trades.

However, simply replacing the existing workforce will not be enough to meet the ambitious target of building 1.5 million new homes in 10 years. We need to embrace new technologies, new methods and automation to increase the productivity of each worker in our sector.

Building housing and offices involves many interrelated processes across multiple jurisdictions, regulatory bodies and authorities. The provincial government has brought in legislation to help streamline many of the processes that have been delaying the approval and building of new homes, particularly at the municipal level. Even as the effects of these process enhancements begin to be felt, we must remain proactive. Continually seeking innovations and efficiencies in all processes will help us speed up getting shovels in the ground.

Finally, sound housing policy is essential to addressing our housing supply and affordability crisis. All stakeholders must work with

municipalities on implementing the new policies put in place by the province, and we must collectively assess and not be afraid to call for changes or new policy where required.

As 2023 begins, our industry is looking forward to the challenge ahead of us: Building the housing and work spaces future residents of the GTA will need. We invite policymakers at all levels of government to join us in embracing the change necessary for this great achievement.

Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.

Dave

DavE WILkES

PHASE 2

Coming Spring 2023

Whether it’s Elm & COnservation, Elm & COnvenience, Elm & COmmuting, or just Elm & COmfortable, what will Elm & CO. mean to you?

Situated amongst lush protected conservation areas, yet minutes to GO Transit and the amenities of Stouffville’s Main Street, Elm & CO. offers something for everyone.

Featuring 2, 3 and 4 bedroom townhomes.

Starting from the high $800s