GTA Homes Magazine - February 12, 2022

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FEB. 12–MARCH 12, 2022

CONTENTS COVER STORY

24 The Greenwich by Branthaven Homes LIVE THE LIFE IN OAKVILLE 8

HOMES Magazine | Feb. 12–March 12, 2022

22

46 52

Big Style Create a sense of peace in your home for 2022

66 Industry Report Will 2022 be the year we fix housing supply in the GTA

IN EVERY ISSUE

10

Contributors

41

North Region

45 Southwestern Region

42 DEPARTMENTS

12 13

HOMES Magazine Online

14

In The Spotlight GTA new home sales exceptionally strong in 2021; more news on pages 16, 18 and 19

Inside The GTA

28

COLUMNS

20 Stat Chat New home price growth becoming a problem

23

Personal Finance New to Canada? Here’s how to quality for a mortgage?

Marketing Edge 2022... two elections, one focus... housing supply

29 Western View Women represent a long-term solution to labour shortages

34 Real Insight Housing supply solutions: Better land use and more mixed density housing

30 In Conversation With....

Nicolos Fidei, Treasure Hill

Guest Column Keep selling in mind when buying a new home or condo

Editor’s Note Opportunity knocking

22

27

35

Legally Speaking Should you add your kids to the title of your home?

36 Home Realty Choose up and coming new home destinations in southern Ontario for great value

40 Real Estate Pro 2021 set momentum for a successful 2022

54 Maps & Charts for new home communities 64 Index of Advertisers

Property profile 38

Edgewood Suites Flato’s master-planned project in Dundalk has a strong connection to the community

42 Forest Heights Estates Democrat Homes embraces winter in Horseshoe Valley

46 Lusso Urban Towns Niagara’s newest hip community from Lucchetta Homes

50 Lambtown Towns New Dunpar project offers lowrise living sin vibrant St. Clair West

9

CONTRIBUTORS PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca THE MARKETING EDGE | ANDREW BRETHOUR Andrew Brethour is Executive Chairman PMA Brethour Realty Group. pmabrethour.com

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

Rise Levy

CONTRIBUTORS

WESTERN VIEW | MIKE COLLINS-WILLIAMS Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca

Jesse Abrams, Andrew Brethour, Mike Collins-Williams, Debbie Cosic, Michael Klassen, Barbara Lawlor, Jason Mercer, Lisa Rogers, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES, NEXTHOME

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca SENIOR MEDIA CONSULTANTS

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

Amanda Bell 416.830.2911, amanda.bell@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@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

REAL ESTATE PRO | BARBARA LAWLOR Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

REAL INSIGHT | JASON MERCER Jason Mercer is TRREB’s Chief Market Analyst. His sought-after market analysis helps realtors and their clients understand housing trends and underlying economic drivers in the GTA.

Lauren Reid–Sachs

VICE-PRESIDENT, PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

GRAPHIC DESIGNERS

Johannah Lorenzo, Jean Fay Rodriguez, Mike Terentiev

Published by

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

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HOMES Magazine | Feb. 12–March 12, 2022

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EDITOR’S NOTE

OPPORTUNITY KNOCKING

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl

+ get social 12 HOMES Magazine | Feb. 12–March 12, 2022

Oh, great. When forecasting anything, accurate data is kind of important, eh? (If this column was in digital format, you’d see a sarcasm emoji here.)

A new report conducted for the Building Industry and Land Development Association (BILD) by Smart Prosperity Institute shows that, if you can believe it, inaccurate and outdated Growth Plan forecasting has contributed to housing supply and affordability challenges in the Greater Toronto Area and Hamilton (GTAH) and surrounding communities.

Forecast for Failure: How a Broken Forecasting System is at the Root of the GTAH’s Housing Shortage and How It Can Be Fixed, highlights that over the last seven years, forecasts have underestimated population growth and overestimated housing completions. Think about that for a second. The two major data inputs for such forecasting have been dead wrong.

This means, BILD says, that municipalities have been planning for growth using inaccurate or outdated assumptions and, predictably, ending up with a shortage of needed infrastructure and a shortfall in housing to support new residents. The annual housing supply shortfalls have compounded, leaving the region with a structural supply deficit.

“Forecasts of population growth and housing completions are the foundation on which municipalities base their projections of future housing requirements,” says Dave Wilkes, BILD president and CEO. “The entire GTAH is facing unprecedented housing supply challenges, and achieving balance with the present demand will require roughly 30 per cent more new housing units per year,” adds Mike Collins-Williams, chief executive officer of the West End Home Builders’ Association. “In the absence of that, more people, and in particular young families looking for room to grow, will continue leaving more expensive cities to look further afield to find housing they can afford. The phenomenon of drive until you qualify is spreading the GTAH supply and affordability challenge across southern Ontario.”

Clearly, getting such forecasting right is critical. Dr. Mike Moffatt, senior director of policy and innovation for Smart Prosperity Institute and author of the report, calls it a “Herculean task.”

Our news coverage on pages 18 and 19 discusses some of the initiatives underway in the province to address such challenges. And industry expert Andrew Brethour highlights, on page 28, just how important the 2022 provincial and municipal elections are.

“There will be no more important elections in our lifetime than these two in 2022,” he says. We need leaders who truly understand these challenges and who will take action with short- and long- term supply side solutions.

It’s an opportunity we can’t overlook.

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NEW COMMUNITY

Branthaven’s new townhome collections coming soon to Brampton and Burlington Branthaven has not one, but two exciting homebuying opportunities in early 2022, with unparalleled luxury townhome collections in Burlington and Brampton.

INSIGHT

Whose name should you put on the sales agreement?

When considering the purchase of property for investment or other purposes, but not your principal residence, you need to consider whether to purchase in your own name, or through another vehicle such as an incorporated company.

DEVELOPMENT

Treasure Hill designs perfectly orchestrated communities and new homes Treasure Hill has gone to great lengths to ensure a harmony of innovative design, fine craftsmanship and desirable features and finishes in its exciting releases coming this year.

ADVICE OUTLOOK 2022

GTA real estate poised for another strong year Housing supply, the pandemic, the economy, interest rates... 2022 will present its challenges, but it’s poised to be another strong year for GTA real estate.

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4 important steps if buying a home is your New Year’s resolution If buying a new home happens to be on this list, there are many factors to consider, especially if interest rates. To ensure you’re prepared, here are four key steps to navigate the homebuying process with ease.

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IN THE SPOTLIGHT

GTA NEW HOME SALES EXCEPTIONALLY STRONG IN 2021 AS INVENTORY HITS NEW LOW The GTA new home market saw extremely robust levels in 2021, the second highest on record after 2002, the Building Industry and Land Development Association (BILD) reports.

Overall, in 2021, there were 46,651 new homes sold in the GTA, according to Altus Group, BILD’s official source for new home market intelligence. This was 27 per cent above the 10-year average.

Sales of condominium units, including in low-, mediumand highrise buildings, stacked townhouses and loft units, were particularly strong in 2021. At 32,919 units sold, condominium apartment sales were 40 per cent above the 10year average and only 125 units short of 2017’s all-time record.

Single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 13,732 new home sales in 2021.

This was four per cent above the 10-year average.

The month of December contributed 2,739 new home sales to the annual total. With 2,170 condominium apartment units sold, it was the second highest December for condo sales after 2016.

“The record low inventory levels and record high benchmark pricing

languish in the face of chronic low supply and soaring pricing.”

Benchmark pricing hit new records in December. The benchmark price for new condominium apartments in December was $1.16 million, up 13.5 per cent over the last 12 months, while new single-family homes soared 38.5 per cent to $1.8 million.

With few new projects opening in December, as is typical for the month, total new home remaining inventory dipped from the previous month to 8,922 units, the lowest level since Altus Group began recording in January 2000, and representing about 2.3 months of inventory based on average sales for the past 12 months. A balanced market would have nine to 12 months of inventory.

Remaining inventory includes units in preconstruction projects, in projects currently under construction, and in completed buildings.

we saw in December illustrate perfectly why housing supply and affordability will rank among the defining issues in this year’s provincial and municipal elections,” says Justin Sherwood, BILD’s senior vice-president of communications and stakeholder relations.

“Insufficient housing supply is driving the GTA’s housing affordability challenge while exacerbating inequality, slowing down economic growth and threatening our collective quality of life. Voters will demand meaningful platforms and policy ideas from candidates and parties.”

“New condominium apartment sales were impressive in December, pushing the total for 2021 to just shy of 2017’s record,” adds Edward Jegg, analytics team leader at Altus Analytics, Altus Group. “Singlefamily new home sales continued to

DECEMBER NEW HOME SALES BY MUNICIPALITY Condominium units

Single-family homes

Total

Region

2021

2020

2019

2021

2020

2019

2021

2020

2019

Durham

157

19

64

203

406

118

360

425

182

Halton

377

164

61

107

216

49

484

380

110

Peel

330

109

185

43

91

115

373

200

301

Toronto

704

458

1,303

19

27

8

723

485

1,311

York

602

202

330

197

413

185

799

615

515

GTA

2,170

952

1,943

2,739

2,105

2,419

4,909

3,057

4,362 SOURCE: ALTUS GROUP

14

HOMES Magazine | Feb. 12–March 12, 2022

IN THE SPOTLIGHT

PRICE GROWTH CONTINUES ACROSS CANADA WITH GTA LEADING THE WAY The aggregate price of a home in Canada increased 17.1 per cent yearover-year to $779,000 in the fourth quarter of 2021. Markets across the country have sustained another year of record prices, as strong buyer demand continues to outpace supply coast to coast, according to the Royal LePage House Price Survey.

“Like a bad dream that disrupts your sleep for months on end, we ushered in 2022 with a fresh round of pandemic restrictions designed to combat a new wave of infections” says Phil Soper, president and CEO of Royal LePage.

“Asked to stay away from the workplace and unable to travel even locally for entertainment, thousands of Canadians have been redirecting their growing savings into improving living conditions, as the family home doubles as an office, restaurant and schoolroom. It has been a busy winter in the housing industry, and a very busy spring looms ahead.”

Broken down by housing type, the national median price of a single-family detached home rose 21.1 per cent year-over-year to $811,900, while the median price of a condominium increased 15.8 per cent to $553,800. Price data, which includes both resale and new build, is provided by Royal LePage’s sister company, RPS Real Property Solutions.

“The shortage of homes available for sale or rent is one of the major social and economic challenges of our times,” says Soper. “Policy makers at all levels of government may take comfort from 2022’s very modest improvement in the supply of available properties relative to demand, yet we see home prices rising at double-digit levels again this year.”

Canada’s chronic housing shortage pre-existed the pandemic, and with growing household formation and more newcomers to Canada adding

16 HOMES Magazine | Feb. 12–March 12, 2022

to demand, affordability threatens to erode again.

“Everywhere, in our largest urban centres, and in the nation’s small and medium-sized towns and cities, new homes are not being built fast enough to satisfy growing demand,” says Soper. “In addition to the slow and expensive regulatory processes that burden builders, construction has been hampered by pandemicspecific challenges, including labour shortages and the increased cost of construction materials as suppliers struggle with supply chain issues.

Some developers have been hesitant to commit to new projects.”

Canada’s inflation rate reached an 18-year high at the end of 2021, driven by increased costs to consumer goods, including gasoline and food, and significant delays in the supply chain. The Bank of Canada is expected to begin increasing its overnight lending rate incrementally later this year, which could result in higher mortgage rates.

“Many industry watchers expect the inevitable rise in borrowing costs will abruptly end the current seller’s market with its characteristic rising home values,” Soper says. “We are experiencing the first expansionary housing cycle, which began in the second quarter of 2020, since the introduction of the federal mortgage stress test. Buyers have had to qualify

for a loan at a rate much higher than what they will actually pay, creating a significant buffer before they reach their capacity to manage larger payments.”

While rising interest rates slow house price appreciation, higher borrowing costs will be coming off historical lows and the increases may not be enough to offset the significant upward price pressure from Canada’s housing supply crisis.

GREATER TORONTO AREA

The aggregate price of a home in the GTA increased 17.3 per cent year-over-year to $1.12 million in the fourth quarter of 2021. Broken out by housing type, the median price of a single-family detached home increased 22.4 per cent to $1.42 million, while the median price of a condominium increased 14.8 per cent to $665,400.

In Toronto, the aggregate price of a home increased 8.1 per cent year-over-year to $1.14 million in the fourth quarter of 2021. During the same period, single-family homes increased 12.5 per cent to $1.58 million, while condominiums rose 13.8 per cent to $711,200.

Royal LePage forecasts that the aggregate price of a home in the GTA will increase 11 per cent in the fourth quarter of 2022, compared to the same quarter in 2021.

IN THE SPOTLIGHT

PROVINCE PLEDGES TO SPEED UP APPROVALS,

BUILD MORE HOMES WITH NEW INITIATIVE After years of warnings from homebuilders and others involved in Ontario’s housing industry – pointing to the worsening supply and affordability challenges – the provincial has pledged to cut red tape and speed up approval processes.

Following the Housing Summit on Jan. 19, Premier Doug Ford announced more than $45 million for a new Streamline Development Approval Fund to help Ontario’s 39 largest municipalities modernize, streamline and accelerate processes for managing and approving housing applications. The move allows municipalities to begin implementing online systems that make it easier for applicants to navigate the development approvals

HOUSING AFFORDABILITY TASK FORCE Jake Lawrence Chief Executive Officer and Group Head, Global Banking and Markets, Scotiabank – Chair Lalit Aggarwal President, Manor Park Management David Amborski Professional Urban Planner and Professor, Ryerson University’s School of Urban and Regional Planning Julie Di Lorenzo President, Diamante Urban Corp.

Andrew Garrett Senior Principal, Real Estate Investment Management Corporation of Ontario Tim Hudak Chief Executive Officer, Ontario Real Estate Association Justin Marchand Chief Executive Officer, Ontario Aboriginal Housing Services Ene Underwood Chief Executive Officer, Habitat for Humanity Greater Toronto Area David Wilkes President and CEO, Building Industry and Land Development Association

18 HOMES Magazine | Feb. 12–March 12, 2022

process, manage their applications and receive timely status updates.

Ford and Steve Clark, minister of municipal affairs and housing, met with big city mayors and regional chairs to discuss the housing crisis and coordinate efforts to increase the supply of homes across the province. The virtual summit provided provincial-municipal leaders with an opportunity to share best practices, identify persistent issues and collaborate on ways to build the right mix of housing.

“Young families, seniors and all hardworking Ontarians are desperate for housing that meets their needs and budget,” says Ford. “At a time when our province is growing, our government will continue to use every tool we have to help municipalities get more homes built faster to help more families realize the dream of homeownership.”

“After a decade of mismanagement and inaction under the previous government, the housing crisis in Ontario will not be solved overnight or in one meeting – addressing housing supply is a long-term strategy that requires long-term commitment, collaboration, and coordination,” says Clark. “(The) Summit was an important next step to identify what additional measures we can take to increase the supply of housing and make it easier for Ontarians and their families to find a home that meets their needs and budget. As we continue this dialogue, our government will ensure municipalities have the tools and resources they need to unlock housing in every community across Ontario.”

The government also announced more than $8 million through the Audit and Accountability Fund to help large urban municipalities identify potential savings and efficiencies through third-party reviews to further accelerate the creation of new housing and modernize municipal services.

As an additional measure to help build more homes faster, the province also committed to work with the municipal sector to develop a data standard for planning and development applications to help accelerate approval timelines. Built with municipalities, data standardization will help improve the quality of data, create consistency across systems, make it easier

to measure results, reduce costs for business and governments, and support municipalities’ transition to digital service delivery and digital approvals.

The government’s housing policies under More Homes, More Choice: Ontario’s Housing Supply Action Plan, are working to increase the supply of the full range of housing options, from single-family homes to midrise housing to purpose-built rental apartment buildings.

In 2020, the year after More Homes, More Choice was implemented, Ontario saw the highest level of housing starts in a decade and the highest level of rental starts since 1992.

The government is working with municipalities to ensure they have the tools they need to unlock housing through the Summit, as well as a Rural Housing Affordability Roundtable with rural, remote and northern municipalities on Jan. 23. It is also engaging with industry experts on the Task Force, and recently held an online public consultation to communicate the province’s next steps on additional measures that will help more Ontarians find the home that is right for them.

“We are very encouraged and supportive of the Provincial Housing Summit held with municipalities from across Ontario, and thankful to the Province for its leadership,” says Dave Wilkes, president and CEO of the Building Industry and Land Development DAvID WILkES Association (BILD), and a member of the Task Force. “Housing affordability and supply is a top issue, particularly in the GTA, and having a common approach to tackling this crisis is vital.

“We are also pleased to see the municipal reactions to the summit, like that of Mayor of Markham, Frank Scarpitti, who yesterday put forward some innovative ideas on how to tackle parts of the issue. BILD and its members look forward to partnering with the province and municipalities of the GTA to build the new homes our dynamic and growing region requires.”

“It is often said that in real estate, it’s location, location, location,” Scarpitti says. “In planning for growth and housing supply, it’s process, process, process.

“It’s time to update provincial legislation and regulations to give municipalities more autonomy so that we can bring housing units to market more efficiently. This does not mean turning our backs on the environment, nor does it mean lowering design standards.”

BUILDING INDUSTRY APPROVES OF CHANGES TO DEVELOPMENT PLAN The Residential Construction Council of Ontario (RESCON) is encouraged that the provincial government is taking a leadership role to help municipalities cut red tape and develop a data standard for planning and development applications that will speed up approval timelines and accelerate the production of new housing.

“We are delighted that the government is moving to modernize and streamline the system and assist municipalities transition towards digital service delivery and approvals,” says RESCON President Richard Lyall.

“Municipalities need a standardized development approvals process and e-permitting system to help reduce the amount of time it takes to get housing projects approved in Ontario.

“The housing crisis has been growing and shows no sign of abating. The more than $45 million announced for a new Streamline Development Approval Fund will help municipalities digitize their services, reduce costs for developers and governments, and lead to increased supply of housing.”

Ontario has taken steps to improve the situation via the More Homes, More Choice plan as well as a new Housing Affordability Task Force, RESCON says, but more action is needed as the population is growing and housing prices are rising.

Canada’s population-adjusted housing stock is the lowest of any G7 country. Another 650,000 homes would have to be built to get Ontario to the same level of homes per capita as the average in other provinces. An additional 1.2 million homes would have to be built for Ontario to catch up to international peers.

“We are in desperate need of new housing, so the initiative is a good fit,” says Lyall. “The province needs a standardized development approvals process and streamlined e-permitting system to help reduce the amount of time it takes to get housing projects approved. Bottlenecks in the systems are slowing development approvals. This initiative would give municipalities the tools to enable homes to be built faster.”

nexthome.ca 19

ADVICE | STAT CHAT

HOW MUCH IS

TOO MUCH? NEW HOME PRICE GROWTH BECOMING A CONCERN

BEN MYERS

If you happen to be reading my column for the first time, let me reintroduce myself. I am a housing market analyst, and I help builders, developers, lenders and land owners evaluate the potential revenue that could be generated from a development site. In layman’s terms, I tell them what the homes and condos could sell for based on available market data.

My job has gotten a lot more difficult over the last year, as both new single-family and condominium unit prices have skyrocketed, with some areas seeing growth in excess of 40 per cent annually. Projects are selling out in a matter of days, and in many instances, I can’t even get my hands on a price list before it does.

According to the Altus Group, the benchmark price for condominium units in the GTA increased to $1.08 million in November 2021, up eight per cent over the last 12 months.

This is significant growth, but tame in comparison to what is happening in the single-family and townhome segments. The Building Industry and Land Development Association (BILD) recently reported that inventory for single-family homes remains close to historic lows. The tight inventory contributed to another record in the benchmark price for new single-family homes of $1.67 million in November, which was up 33 per cent annually.

In a market study I conducted for a lender, Kitchener townhouse prices

20 HOMES Magazine | Feb. 12–March 12, 2022

rose 20 per cent over the last nine months. In another one on Whitby, the average single-detached home price was about $910,000 in the first quarter of 2021, but rose to $1.36 million in the fourth quarter. These increases are absurd.

I am reluctant to bring up the “B” word, but we are certainly in a time of exuberance. When conditions got this frothy in 2017, the government stepped in to try to tame the market, and it took years it to recover. Some buyers got stuck with homes that were worth less than they paid for them, and they were forced to get mortgages from alternate lenders.

I’d be lying if I told you I knew when the party would end, and I’ve certainly been wrong before when making housing market forecasts. I would strongly advise against being a shortterm investor, as well as buying a preconstruction condominium with the sole purpose of assigning it prior to completion. I would also suggest that prospective buyers be careful about purchasing new properties in areas that are untested, and which lack the type of amenities and employment opportunities coveted by renters.

The last point above was aimed at investor-buyers, but is worth discussing in further detail. Is the area walkable? Is transit nearby? Is there a college or university, hospital or any other major employment centre close by? Is the area attractive for either young singles and couples, or for move-down empty-nesters? If the answer is not yes for at least two or three of these items, you better be getting a really good deal.

In times of excessive price growth, it can’t hurt to be a little more careful, to do more due diligence. If you’re

being too cautious and miss the latest project release, there will be others.

When the market is strong, developers push up their launches, as they want to strike while the iron’s hot.

Surround yourself with an experienced team, a broker who specializes in new home sales and who can properly advise you on market values, and a mortgage broker who can assess your financial situation and tell you what you can afford. Do your own research – a lot of it. Know the neighbourhood, the developer, the product you’re buying, and read the contract. Good luck.

Ben Myers is 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. bullpenconsulting.ca Twitter@benmyers29

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#InsidetheGTA

by SUSAN LEGGE

GTA

CHERRY STREET SOUTH BRIDGE DOCKS IN TORONTO This brilliant white bridge with the sunny yellow interior arrived last month from Dartmouth, N.S. and will be the new Cherry Street South Bridge in the Portlands area of east Toronto. This is the second of four bridges to travel along the St. Lawrence Seaway for the project. They will connect the yet-to-be-constructed community of Villiers Island, says portlandsto.ca. #BridgewatchTO

Downtown Hamilton project celebrates its unique history The former CHIQ-AM radio station building in downtown Hamilton is about to undergo a revival.

Located at 206 King St. W. at the corner of Caroline Street, the new Radio Arts condominium celebrates the cultural footprint of the former CHIQ radio station while providing new opportunities to be part of the city’s growing community.

The distinct 14-storey highrise includes a four-storey podium 22 HOMES Magazine | Feb. 12–March 12, 2022

that pays homage to the original 1908 building design in its masonry details and arched windows.

“Ever since my work on the Pigott Building, I have been fascinated by the homegrown creative energy and entrepreneurial spirit that is reshaping Hamilton,” says Vernon Shaw, founder and president of Canlight Realty Corp. radioarts.ca

ADVICE | PERSONAL FINANCE

NEW TO CANADA? HERE’S HOW TO QUALIFY FOR A MORTGAGE

JESSE ABRAMS

If you’re new to Canada and looking to apply for a mortgage, you’re probably wondering where to even begin. Buying a home, especially in a new country, can be overwhelming.

But it’s important to know that in Canada, there are plenty of helpful resources to get you on the right path.

NEWCOMERS TO CANADA PROGRAM

A great place to start is “Newcomers to Canada” at cmhc-schl.gc.ca, a housing program offered by Canada Mortgage and Housing Corp. (CMHC) that provides financial assistance and makes it easier for new immigrants to purchase a home. If you qualify, you can make a down payment as low as five per cent on a home worth up to $1 million. If you’re looking to buy a home for more than $1 million, you’ll likely be paying a down payment of 35 per cent or higher. When it comes to credit, permanent residents must have at least one borrower with a minimum credit score of 680 to qualify. If you don’t have credit history, CMHC may consider alternative ways to verify your credit.

WHERE CAN YOU GET A MORTGAGE IN CANADA AS A NEWCOMER?

When it comes to getting a mortgage, there are A and B lenders. Traditional lenders, such as banks, monoline lenders and credit unions, are considered A lenders. They focus on customers with strong credit scores (or proof of credit) and a reliable source of income. On the other hand, there are B lenders, who typically offer a lower barrier of entry to qualify

for a mortgage, with the possibility of a higher interest rate. B lenders are suitable for homebuyers who don’t have a strong credit history, can’t provide guaranteed income, or may have trouble qualifying for a mortgage with an A lender.

WHAT IS THE MAXIMUM MORTGAGE AMOUNT YOU CAN GET?

Technically, there is no maximum amount you can receive from the “Newcomers to Canada’’ program.

The amount you’re eligible to receive will depend on the size of your down payment. Another thing to note is that your down payment can come from various sources, such as savings, the sale of another property or a financial gift from a family member or friend.

HOW LONG WILL IT TAKE TO GET THE MORTGAGE?

If you’re a new Canadian with a working permit, you need to be in Canada for at least three months to prove that you can make your mortgage payments. If you’re a permanent resident, you need to provide proof of full-time employment for three months. If you’re self-employed, you need to provide proof of employment and two years of tax documentation.

WHAT DOCUMENTS DO YOU NEED TO APPLY?

When applying, lenders will initially request a list of personal documents to verify your financial stability and other key factors that determine your eligibility for a mortgage. These documents include: • Photo ID • Proof of income • At least three months of bank statements that validate your income stream

• A letter from your employer explaining your job position, length of employment and salary/hourly wage • Work permit or permanent residency card in Canada • Proof of down payment Depending on your down payment, you may require additional documentation: 1. If your down payment is between five and 9.99 per cent You will need to provide a copy of an international credit report with a strong credit score that proves you can support your monthly mortgage payments. You could also validate your credit through rental payment history or utility bills such as your gas or water bills.

2. If your down payment is 10 per cent or more You will need six months of bank statements or a letter of reference from a Canadian financial institution.

This information will validate whether you’re eligible and able to make your monthly payments.

WHAT HAPPENS IF YOU HAVE NO CREDIT HISTORY IN CANADA?

If your home country is the U.S., U.K. or South Africa, and you don’t have credit history in Canada, some lenders will consider your mortgage application. For all other countries, where your credit can’t be verified through an international credit record, you’ll likely need to get a letter of reference from your financial institution in your country of origin.

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

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COVER STORY

INTRODUCING THE GREENWICH, CONDOS AT OAKVILLAGE COMING SOON TO OAKVILLE

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HOMES Magazine | Feb. 12–March 12, 2022

Did you miss out on the extraordinary success of the Upper West Side Condos in Oakville? Here’s your opportunity to be part of this in-demand condo community.

Branthaven is pleased to announce its exciting new condominium project, The Greenwich, which will be coming soon to its coveted Oakvillage masterplanned neighbourhood.

Following Upper West Side Condos 1 and 2’s, soldout success and Project of the Year status (as awarded by the West End Home Builders’ Association for two consecutive years), the Greenwich is destined to be Uptown Oakville’s most dynamic new condominium and exciting homeownership opportunity this spring.

“We are excited to be launching our latest development in Oakvillage, with a luxury condo opportunity savvy new-home buyers won’t want to miss,” says Steve Stipsits, president of Branthaven. “The Greenwich will occupy a prominent gateway location in Oakville. Our vision is to develop a signature architectural statement for the Uptown Oakville neighbourhood.”

The Greenwich will boast a spectacular silhouette on the booming Trafalgar Road skyline. The 19-storey podium and tower design will be anchored by an eye-catching corner arch that envelops the ground level and welcomes residents with a warm reception. The condo tower itself will be defined by its continuous corner curve, subtly torqued terraced levels, rounded edges and warm metallic palette and materiality.

The Greenwich’s interiors are decidedly modern luxury.

II BY IV Design, inspired by the exterior’s arch motif, have designed the amenities spaces with nuanced details that celebrate the sensuous curve and its inviting embrace.

“Everything at the Greenwich has been considered for residents to live, work and entertain in amenity areas that are sophisticated yet approachable and deliver Branthaven’s attainable luxury credo,” says Keith Rushbrook, principal of II BY IV. Condo residents and their guests can enter through either the front or rear entrances into the inviting reception areas. These well-appointed lobbies boast artisan feature walls, custom concierge desks, bespoke banquettes and luxury lighting.

The Greenwich’s ground level common areas flow from the lobby via a series of double height portals – artisan arches that visually link the amenity rooms across the entire breadth of the Trafalgar streetscape. The design and development team have ensured that everything has been considered for residents to live, work and entertain, in amenity areas that are approachable, and attainable luxury.

Working from home is here to stay, and residents will be pleased, productive and professional with the Greenwich’s flexible co-working lounge and private meeting room.

Everything from smart ports, ergonomic seating, credenza/kitchenette and audio visual are built-in for convenient connectivity. The media room with its wet bar, cosy fireplace and built-in banquette will be the perfect place to unwind after work.

nexthome.ca 25

Engaging and entertaining with friends, family and neighbours is elegant and enjoyable with the Greenwich’s Village Lounge – a stunning kitchen/bar with dual fireplaces, conversation-starting curvy couches, and club seating.

The fitness studio sports a lofty locker room, bright state-of-the art cardio equipment area plus a separate New York-style movement studio with ballet barre and custom-arched mirror for the ultimate dynamic space in which to dance, stretch, do yoga or Pilates.

The Greenwich’s rooftop terrace and outdoor amenity are the epitome of boutique-hotel style and Greenwich Village rooftop vibes. The wraparound terrace is a chic playground featuring outdoor movie theatre, barbecues and bar areas, multiple dining and lounge seating, sheltered areas and even warming fire pits. This outdoor oasis will be the perfect perch to take in the stunning views, sunrise or sunset.

From pet spa to parcel lockers, bike storage and EV ready parking, every day conveniences are built-in for your carefree condo lifestyle.

When it comes to the suite designs, new-home buyers at the Greenwich have plenty to choose from.

Floorplans range from smart one-bedroom to spacious two-bedrooms plus dens, and there’s even some New York style two-storey loft-like suites. With open-concept layouts, nine-ft. ceilings and expansive windows (especially the corner suites with sweeping views) and furniture-sized balconies, The Greenwich is quality indoor-outdoor living.

Branthaven’s signature Fresh Thinking kitchens and baths include upgraded interior features, and are filled with enhanced details, built in at no extra cost. Kitchens

26

will offer upgraded cabinetry choices, quartz countertops, textured tile backsplash, extended uppers, deep pot and pan drawers, charging ports and more thoughtful details that improve the way you live. Bathrooms are boutique-hotel chic, with modern vanities, storage drawers and designer details that add a spa-like ambience.

Branthaven’s BH Home Technology allows residents at The Greenwich to access their suites’ tech hub from anywhere. Suite security, digital smart lock, parcel delivery notifications, energy saving modes – everything’s at your fingertips with the convenient smart device app.

Greenwich residents will enjoy a carefree urban condo lifestyle with easy access to Oakvillage’s destination Central Park and Village Green. It’s just around the corner and the perfect place to walk the dog, meet up or connect into Oakville’s extensive trails and bike path system. Whether golfing or hiking, everything Green is close by and ready for you to explore.

Getting around is easy, too, with quick connections to Oakville Transit and the GO Express train to Toronto.

Commuter access is a breeze, with Hwys. 401, 401 and 407 nearby. Walk to every urban convenience and essentials such as groceries, shops, and services at Dundas and Trafalgar’s new retail centres.

The Greenwich offers everything today’s condo buyers are looking for – an award-winning community, vibrant village lifestyle, attainable luxury and the peace of mind of Branthaven’s 50-year tradition of homebuilding excellence.

Condos starting from the $600,000s.

Don’t miss this opportunity. Register now at branthaven.com.

ADVICE | GUEST COLUMN

KEEP SELLING IN MIND WHEN BUYING A NEW HOME OR CONDO

MICHAEL KLASSEN

So, you’re shopping for a new home or condominium suite. Maybe you’re an investor, or perhaps you intend to live in your purchase. Regardless, you want to select the right home or condo that fits your needs. In addition, when you go to sell in the future, you want your choice to appeal to the next buyers.

That’s why you should keep selling in mind when buying.

The first consideration is location.

The three main proximities that present the most appeal are highways, public transit and hospitals. You may own a vehicle, but if you’re looking at buying in an urban area, the next purchasers may rely on transit.

I recently wrote a column advising buyers to “go where the GO is going.”

The 25-year GO expansion program will add more service, faster trains, and more stations and connections across the Greater Golden Horseshoe Area. Many up-and-coming neighbourhoods that are financially attainable now will spike in value as transportation infrastructure goes in.

Once your desired location is determined, look around at what is available there. This will vary greatly, depending on the area. For example, in Niagara Falls, you’ll find a lot of beautiful townhomes for great prices.

Peel Region in the GTA will offer larger townhomes and condos. In Toronto, more compact highrise condos are the most common dwelling of choice.

Next, be careful when you select features and finishes. If you are an investor, select according to the likely tenants you will rent to in the future. For students, your choices will differ from those you would select for seniors. The same goes for end-users. One approach is to go for neutrals when it comes to the colour palette, then add pops of colour with accessories. If you can afford to do some upgrading, I suggest focusing on kitchens and flooring. Higher upper kitchen cabinets will make the room look grander. Take a good look at high-end laminate flooring.

It looks fantastic and wears like a dream, especially for families with children and pets.

And let’s talk exteriors. Many lowrise builders offer a landscape package. The conservative estimate among experts is that well-planned and maintained landscaping can add up to 15 per cent to your home’s value. Some builders even offer fencing as an upgrade. It’s hard to

find anyone to install fencing, so it may be wise to spend that money up front. And pay attention to little things. Can you get a gas bib for a barbecue outside your house or on your condo balcony?

Some people find it difficult to buy into a condominium that features amenities they don’t plan to use, such as a swimming pool or fitness room.

Be realistic. Those amenities may be the things that tip the scales in your favour when you go to sell someday.

Whether you buy a lowrise home or condo, keep it clean and well maintained so when you go to sell, potential buyers will feel comfortable that their investment is a solid one.

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

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ADVICE | THE MARKETING EDGE

2022… TWO ELECTIONS, ONE FOCUS…

HOUSING SUPPLY ANDREW BRETHOUR

I can’t remember in my more than 44 years in this business when housing supply reached such a crescendo.

It’s at the centre of all media reports, political debates at all levels and in every backyard or balcony conversation. Most of the discussion is focused on affordability.

We have failed miserably in the provision of affordable housing, as supply has fallen woefully behind need and demand.

The supply of market housing was seriously impacted by the introduction of the Growth Plan by the McGuinty provincial government in 2004-05.

The seemingly good intention at the time was to “intensify” housing development into higher density forms, thereby creating cost efficiency and containing urban sprawl. It worked – the market absorption stayed at 40,000 units per year, but quickly flipped to 60 per cent high density.

The unintended consequence was the direct restriction of lowrise suburban housing; an artificial containment of supply drove the underlying value of the land skyward. The average price of all housing in the GTA in 2004 was just $315,000. At the beginning of 2022, it is a whopping $1.09 million – a 350-per-cent increase in 17 years, or 20 per cent per year.

The real issue npw is where are our children going to live? How can the GTA compete for new employment, industry and technology investment when our housing prices have the dubious distinction as the fifth most expensive in the world?

28 HOMES Magazine | Feb. 12–March 12, 2022

Market housing supply must increase dramatically in the 905, 519 and 705 areas in order to stabilize price escalation, and to provide critical choice of “affordable” product.

There are four basic policy initiatives required to increase supply: 1. Political will: It is crucial to elect leaders who support managed growth and who are willing to say YIMBY – Yes in My Backyard.

2. Streamlined approval process: It takes 10 years to bring vacant land to development. With the cost of money doubling every five years, is it any wonder our housing is so expensive?

3. Infrastructure investment: The joint levels of government, together with private partnerships, need to expand our capacity for roads, sewers, water and transit.

4. Foster innovation: We need to reward creativity, and in delivering more affordable product, we encourage innovation. Review and eliminate restrictive zoning, and watch housing innovation soar.

There are both short- and longterm solutions to the supply crisis: SHORT-TERM SOLUTIONS

1. Release surplus employment lands adjacent to existing residential.

2. Release identified surplus government agency lands.

3. Free up zoning restrictions to afford the immediate conversion of neighbourhood strip malls to be converted to residential.

4. Allow the private sector to bring lands into an urban boundary – if companies will front the infrastructure costs.

5. Establish the office of the Development Ombudsman to unclog the process and be arbiter between opposing forces.

LONG-TERM SOLUTIONS

1. Review approval processes and create new approval targets. We must reduce the time it takes for project approvals to two years.

2 Review municipal financing methodology. We have burdened new-home buyers with the inclusion of infrastructure costs approaching 25 per cent of home prices. This needs to be shared by a broader constituent, including the private sector, but with a much more efficient structure, and ultimately lower home price.

3. Modify the Growth Plan and provincial policy statements to encourage suburban housing growth. Even today, the GTA homebuilding industry is developing suburban tracts at higher densities than comparable urban neighbourhoods.

4. Create and meet housing production targets.

We have two upcoming elections, but with one focus – housing.

But, you have to vote. Vote – provincially in June, and municipally in November – for leaders who understand the challenges and who will take action with short- and long-term supply side solutions.

There will be no more important elections in our lifetime than these two in 2022.

Andrew Brethour is Executive Chairman PMA Brethour Realty Group. pmabrethour.com.

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ADVICE| |IPSUM WESTERN VIEW LOREM IF NEEDED

WOMEN REPRESENT A

LONG-TERM SOLUTION TO INDUSTRY LABOUR SHORTAGES

MIKE COLLINS-WILLIAMS

Women’s participation in the construction and skilled trades industries has been steadily increasing over the last few decades.

However, female representation in male-dominated professions such as trades, construction and STEM industries (science, technology, engineering and mathematics) remains low. According to Statistics Canada, women make up only 13 per cent of the total workforce in construction, and only five per cent of skilled trades workers.

There are several factors that help explain this significant gender gap, including social pressures, unconscious gender bias, career advancement bias, lack of information, lack of training, or a negative perception of women working in traditionally male occupied industries.

Despite these barriers and troubling statistics, women continue to steadily build their path in the construction and skilled trades Industries. Numerous women in leadership positions across various organizations are making efforts to educate and encourage more women to follow the career of their dreams, regardless of the industry they are in.

The West End Home Builders’ Association (WEHBA) Women in Industry Committee is one of these groups, and aims to do exactly

that: To support, educate, connect and empower women to grow and succeed in non-traditional roles.

The WEHBA’s Women in Industry (WIN) Committee was founded in 2018 and is the first women’s group within a homebuilders association in Canada. Through educational series and events, the committee brings individuals, companies and organizations together to advance gender diversity in STEM, construction, development and the trades industries.

On Oct. 28, 2021, more than 120 women attended the 4th Annual WEHBA Women in Industry Luncheon in Hamilton, under strict health and safety measures. The event’s guest speaker, Jill Dunlop, Minister of Colleges and Universities, talked about the importance of creating better conditions that allow women to succeed and thrive in the workforce, as well as about the need to make the workforce more inclusive for everyone by removing barriers to opportunity and success.

The committee is planning several virtual and in-person events for 2022, including a full-day, handson, educational event that aims to introduce female middle school students to different trades and STEM professions. Through an interactive, one-on-one experience, students from Grades 7 and 8 will be exposed to different, non-traditional career possibilities, and will have the opportunity to learn from established professionals in the various fields.

“In the Women in Industry Committee, we aim to spread awareness and encourage young women to follow a career in the

construction industry,” says Kailey Corby, 2022 Women in Industry Chair.

Through the past couple of years, the committee kept an active digital presence through the hosting of educational webinar series and virtual events. This year, the group is looking to invigorate their virtual programming to keep engagement strong, reach bigger crowds, and consequently make a larger impact.

The skilled trades and construction industries will continue to face major labour shortages. This gap could potentially be a tremendous opportunity for job-seeking women to find employment and establish a successful career, either by entering the homebuilding industry or by transitioning into different roles.

Buildforce Canada estimates that Canada will need to recruit more than 300,000 new workers over the next decade to keep pace with construction demand. It is crucial that we start making steps toward positive, cultural change that will increase inclusion and gender diversity in the industry. During the Second World War, women helped close the labour gap by occupying traditionally male operated jobs; in 2022, it is high time we see women workers as a long-term solution and an equally accepted and capable option.

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

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nexthome.ca 29

IN CONVERSATION WITH...

NICHOLAS FIDEI PRESIDENT TREASURE HILL

by WAYNE KARL When striving to build high quality homes for increasingly discerning homebuyers, experience counts. So does a clear vision. Driven by sourcing in-demand locations and developing communities that exude excellence in every way, Treasure Hill has a track record that speaks for itself. That, and a commitment to give back to the greater community which underlines everything the company does.

President Nicholas Fidei discusses how Treasure Hill maintains such high standards – and why he’s hoping to hit the road this summer.

It’s hard to believe we’re a month into 2022. What kind of a year was 2021 for Treasure Hill?

The Altus Group statistics for 2021 showed that the total GTA new home sales were the second highest on record since 2002. Though it was both fortunate and unexpected, 2021 turned out to be one of the best in Treasure Hill history. At one point last year, we made the decision to hold off on new sales openings for a while so we could focus on building the homes we had already sold in 2020 and 2021. With the delays and challenges our industry was experiencing throughout the pandemic right up to present day due to labour and materials shortages, we felt that fulfilling our commitments to existing purchasers took priority over new sales.

We wanted to focus on delivering our quality homes in a timely manner.

And how’s 2022 looking, in a general sense?

Overall, the outlook for this year is promising. To begin with, many 30 HOMES Magazine | Feb. 12–March 12, 2022

Canadians want to enter the market or find new homes and condos to meet their changing lifestyle needs.

When you look at immigration, Canada will be welcoming thousands of permanent residents when the borders reopen. One of the major goals of many immigrants is to own a home, so there is added pressure on our industry to increase supply to meet the increasing demand. I hope the rest of 2022 will bring us all less stress and a positive outlook on life.

Even if interest rates go up, they will still be considered relatively low. Most new Canadians have homeownership as one of their main goals in coming here, and they will do what it takes to get into the market.

At Treasure Hill, we’re in the process of ramping up sales this year, as we expect to introduce six new communities. We’re looking at different ways to make the whole process more efficient so we can shorten our timeline from the point of sale to completion date without sacrificing quality. We’re also adjusting our house plans to accommodate the needs of people who are working from home, and we’re streamlining our interior features and finishes selection process. We’re working with

a prestigious interior design firm to help us put together pre-selected packages. In addition to making purchasers’ decor selections easier, they will have the opportunity to work with an outstanding designer to place their personal stamp on their home. Each decor package tells a cohesive story, and buyers can select the bundle that best fits their lifestyles and preferences.

Treasure Hill is blessed with some prized locations outside of the city, and you’re building housing types that many people are looking for these days. This isn’t just a fortunate circumstance… when did you first foresee this demand and begin to act?

When it comes to buying land and establishing communities in the outskirts of Toronto, we didn’t just jump on the recent pandemicrelated “escape” bandwagon; we’ve been focusing on these areas since 2015 and 2016, when we developed in Bowmanville, Oshawa and Georgina. We knew that people would feel it was worth the drive to afford a better home for their families. COVID has accelerated the demand in these areas, with people

working from home. Infrastructure expansions across southern Ontario have also fueled this demand, as it’s becoming easier to travel to and from these areas.

This year, we have communities opening across the GTA and beyond.

We have a 700-home collection coming to Oshawa, a return to north Oakville with townhomes, 300 lots in Newcastle, beautiful three-car garage 60-ft. homes backing onto a ravine in King City, two communities in Richmond Hill, and an exciting community in Cambridge. We’re also excited to be bringing our fine quality homes to new communities in the United States. Working in partnership with Greenpark, we’re now building in five communities in Florida.

You mention returning to north Oakville – another signature location. What’s the most exciting thing about this community, and when can prospective buyers begin to purchase?

Oakville’s new uptown core is an extremely prestigious area. It’s just minutes to comprehensive amenities, including the new state-of-the-art Oakville Trafalgar Memorial Hospital.

GO Transit, Oakville Transit and access to major highways are handy, as well as neighbourhood parks, shopping and even the famous Glen Abbey Golf Club. We’ll open this year with a collection of affordable townhomes called The Treasury on

Dundas. We recently completed our first collection, The Oakes, in this location, and we’re thrilled to be able to offer home buyers another Treasure Hill quality-built community in Oakville.

What are the hallmarks of Treasure Hill homes? What is it that helps you stand out from other builders in your market?

Every Treasure Hill home stands out among the competition because we offer discerning homebuyers a higher standard. We’re driven by finding and developing excellent locations, providing top quality, meticulous details, superior craftsmanship, unparalleled service and giving back to the greater community.

Our standard features, such as 10-ft. ceiling heights and upgraded baseboards, are considered upgrades with other builders. Buyers today are sophisticated and do their research.

Our focus on what buyers want has earned us a strong brand standing.

A great example of a standard we offer that makes us stand out in the industry is our Genius Package. This technology package, designed with partners such as Amazon, allows homeowners to control many features through their smart phones, such as being notified of a home delivery and being able to open the garage door so the parcel can be placed in it. Genius has been a terrific showstopper for us for a few years now.

Affordability is such a growing concern these days. What are your insights on this issue, generally speaking, and in terms of what Treasure Hill is doing to address such challenges?

To address affordability, we’ve been offering different product types.

For example, instead of traditional townhomes, we have built several stacked townhome communities.

We’re also developing in outlying municipalities such as Oshawa, Bowmanville and Newcastle, where people can find single-family homes more financially attainable. In addition, we’re looking at higher density where it hasn’t been done before.

What else is Treasure Hill focused on these days that you can share?

What’s next…?

An ongoing focus for Treasure Hill is innovation. We continually look at ways to make our homes more affordable and our construction process more efficient. Overall, we’re finding new ways to improve our environment, social and governance (ESG) practices.

Sustainability is critical nowadays, for the environment and for homeowners’ health and cost savings. We feel strongly about offering a better product each year to make sure Treasure Hill remains best in class in the market. treasurehill.com

on a personal note Are you planning on doing the Ride to Conquer Cancer again this year? Why is this cause so important to you? I gather it’s a cause that’s also been adopted by a lot of your employees, trades, suppliers and others who make up your large team of riders for the event…

After virtual rides the last two years, we’re excited at the prospect that we might be doing the Ride to Conquer Cancer in person this year. I formed a team called Cycle Warriors, and this will be my 10th year taking part in the two-day ride. This cause is important to me, because cancer is a disease that has touched nearly every family I know. I feel that funding toward research for a cure is critical. Our group has 35 to 40 members participating each year, and I’m grateful to all of them for adopting this cause along with me. We make it a lot of fun. Giving back to the greater community means a lot to me, and to everyone at Treasure Hill. We enjoy working together for this great cause, because it’s fun, and it’s the right thing to do.

nexthome.ca 31

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.

DEDICATED TO

EXCELLENT

TM

32 HOMES Magazine | Feb. 12–March 12, 2022

CUSTOMER SERVICE

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ADVICE | REAL INSIGHT

HOUSING SUPPLY SOLUTIONS: BETTER LAND-USE AND MORE MID-DENSITY HOUSING

JASON MERCER

What makes Toronto one of the most unaffordable cities to live in? Immediately, a tight supply of homes and a high demand from buyers comes to mind. But, there are two solutions on the table to help build more new homes in our communities.

In a recent episode of TRREB’s Ready to Real Estate podcast, I spoke with David Amborski and Frank Clayton, researchers at the Ryerson University Centre for Urban Research, about how policymakers can improve current policies to boost supply in our growing region.

The CUR argues that the Greater Toronto Area needs improved land-use planning systems – the framework through which municipalities manage their growth and development while addressing important social, economic and environmental concerns. In the episode, we learned that several municipalities do not regularly report on available land for housing development. Amborski and Clayton point out frequent reporting and a review of available development land will help policymakers better respond to shortfalls in supply across the GTA. This is also a critical step to understanding how land is currently used and how it can be used.

Incentivizing mid-density housing should be another key initiative to 34 HOMES Magazine | Feb. 12–March 12, 2022

address the lack of housing supply and provide a greater diversity of housing types. There needs to be a strong effort to increase building homes such as townhomes, duplexes and lowrise walk-up apartments.

Policymakers must address the needs of all people in the city and bridge the gap between detached homes and condominiums. That’s why Amborski and Clayton recommend consulting with buyers who might benefit from mid-density homes. It comes down to hearing from more voices in the early stages of rezoning on a neighbourhood-by-neighbourhood basis to help evaluate how to increase supply, as well as ways to support affordability for those entering homeownership.

If you’re interested in tuning into more conversations on housing

supply, search for TRREB’s Ready to Real Estate podcast. Hear what industry experts have to say to meet the growing needs of the GTA. Stay up to date with our monthly Market Watch. We break down prices, sales, and new listings each month with an at-a-glance report. Visit trreb.ca to explore the latest on the housing market. Plus, connect with a TRREB member realtor and search listings in real time on any device.

Jason Mercer is TRREB’s Chief Market Analyst. His sought-after market analysis helps realtors and their clients understand housing trends and underlying economic drivers in the GTA.

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ADVICE | LEGALLY SPEAKING

SHOULD YOU ADD YOUR KIDS TO

THE TITLE OF YOUR HOME? JAYSON SCHWARZ, LLM & GREG DUBECKY, JD

As people age, they tend to worry.

And when it comes to real estate, a common concern is what to do about their home. For example, should you leave it to your kids in your will?

Your inclination might be “yes,” but what you may not know is that they would need to pay probate tax on the fair market value. Today, that’s a lot of money.

The process of probate grants or confirms the authority of the Estate Trustee (Executor) to handle the affairs of the estate and is required in most cases for the transfer or sale of any real estate owned by the deceased, that now forms a part of their estate.

When you die, your lawyer applies to the court to issue a certificate.

Subject to where you live, probate applications can take anywhere from more than a month to more than a year before the courts issue a certificate. The worst part is that there is a 1.5-per-cent tax payable up front with the application on the value of all estate assets exceeding $50,000. On a $1-million home, that’s $15,000.

Now, if you add your kids to the deed and you die, they still have the house. Will that work? It sounds like a good idea, because if you registered as joint tenants, whomever is left owns the property without tax. But nothing is that easy.

First of all, when you die, your principal residence has no capital gains when it goes to your kids. If you add someone, the portion that belongs to them attracts tax as the

value goes up after they were added.

Clearly, this is not ideal.

Secondly, if you add your children, they are real owners and could make your life difficult. If you want to sell or take out a mortgage, for example, they could interfere. Also, their problems become yours, in cases of divorce, or adding an in-law suite, for instance.

Thirdly, it might not even be your child you’re dealing with in such instances. While it is not a scenario any parent wishes to consider, you should think through what happens if a child added to the title should predecease you or become significantly disabled.

Depending on several factors, including how they have structured their affairs, you may not simply receive full ownership back, and could instead find yourself negotiating with someone acting under a Power of Attorney or the Trustee of a deceased child’s estate, their spouse, sibling or your grandchildren.

As much as you’d like a clear answer to these questions and scenarios, there really isn’t one. There is no universal panacea. With record high valuations of real estate relative to the incomes of many people, the planning considerations that go into transferring

one’s real estate requires you to consult the appropriate professionals to get an accurate overview of your options. Every person’s situation is different, and usually requires a specific approach.

Initial steps would be to holistically review your estate situation and come up with a plan to minimize tax and maximize any benefits. Sometimes, it is as easy as selling the house to the kids and taking back a life interest; as simple as doing nothing; or as complicated as setting up an estate plan involving freezes, rollovers and other considerations.

The bottom line is – take your planning seriously. Consult experts and make decisions that provide peace of mind and security that you have taken care of your family the best you can.

Jayson Schwarz, LLM and Greg Dubecky, JD, are with Schwarz Law Partners LLP. To suggest topics for future columns or ask questions, visit schwarzlaw.ca or email info@schwarzlaw.ca.

+MORE CONTENT ONLINE nexthome.ca

nexthome.ca 35

ADVICE | HomE REAlty

CHOOSE UP-AND-COMING DESTINATIONS IN SOUTHERN ONTARIO FOR

GREAT VALUE

DEbbIE COSIC Savvy new home and condominium buyers know that purchasing in an up-and-coming area is a wise move. Once local amenities are completed in an area, prices rise.

One big factor in this equation involves transportation options. With the proposed Hwy. 404 extension, the expansion of the Ontario Line, and the Greater Golden Horseshoe Transportation Plan, locations that used to be considered too far from Toronto to be feasible for living are now well within the range of consideration. In that light, consider how well buyers who chose locations close to subway and other public transit lines have done financially.

You will find several up-andcoming locations in southern Ontario. One example is Pickering (pickering.ca). Part of the GTA, this city has been growing and booming.

It is the westernmost municipality in the region and is adjacent to Scarborough. With Hwy. 401 bisecting the city and Durham Region Transit and GO Transit available, commuting to Toronto is convenient. And Pickering home prices are more attainable than they are in Toronto right now. Check out Pickering communities such as master-planned Universal City by Chestnut Hill Developments, Cobie townhomes near Cobourg Beach by Marshall Homes, and Maxx Urban Towns (adjacent to Pickering Golf Club) by VanMar, to name just a few.

36 HOMES Magazine | Feb. 12–March 12, 2022

Another option is to head north to the City of Barrie (barrie.ca), which is one of Canada’s fastestgrowing municipalities. We have seen tremendous increases in home values over the past 10 years, as transportation offerings increase. In addition to featuring lower home prices than the GTA, the city is famous for four-season resort-style living within easy access to highways.

GO trains leave for Union Station regularly, and downtown Toronto is just a one-hour ride. Barrie is expected to double its population by 2051, so the new homes and condos of today will be in demand for years to come. A couple examples of the high quality of new homes you will find in Barrie are LakeVu, overlooking Little Lake, by JD Developments, and Everwell single-detached homes and freehold towns in South Barrie, by Sorbara Group.

Further west, Kitchener-Waterloo has been named the second-fastest growing community in Canada for three years straight. Already considered a tech corridor and home to the ION Light Rail Transit, the area is becoming increasingly desirable, as the GO expansion from nearby London, St. Mary’s and Stratford to Union Station is underway. The VIA rail line to the Kitchener GO line is part of the pilot program, making commuting from London to Kitchener as handy as it is from Toronto to Kitchener.

The Kitchener GO expansion is transforming the line into a frequent rapid transit experience, with train service that will run outside rush hour.

A pre-construction home in this city is 69 per cent less expensive than a comparable home in Toronto. Watch

Universal City,

by Chestnut Hill Developments

for the introduction of Verde Living

by JD Developments, the beautiful new condominium coming soon to Kitchener.

Now is the time to think outside the Toronto box and look at buying your next home or condo where your return-on-investment will likely be more substantial over time.

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

+mORE CONTENT ONlINE nexthome.ca

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BUILDER PROFILE | DUNDALK

EDGEWOOD SuitES FLAtO CREATES A MAStER-PLANNED COMMuNitY IN THE ViLLAGE OF DuNDALK Home is about more than just the bricks and mortar.

It’s about the neighbourhood, local parks, convenient amenities and a sense of community. For Flato Developments, designing and building a master-planned community begins by creating a sense of place and a strong connection to the community.

“We believe that building communities is more than just building homes,” says Shakir Rehmatullah, president of Flato Developments. “That is why we strive to create dynamic and vibrant neighbourhoods, for homeowners at all stages of their lives, while giving back to the communities we operate and build in.”

From York Region to Simcoe County, and most recently in the Village of Dundalk, a burgeoning community in Grey County, Flato Developments has a proven record of keeping community needs in mind when creating complete communities with rich amenities and services.

DIscOvERINg DUNDALK’s NEwEst cOmmUNIty

Flato is the biggest developer in the Village of Dundalk, with two premier lowrise residential projects underway, 38 HOMES Magazine | Feb. 12–March 12, 2022

Edgewood Greens and Carriage House. Edgewood Greens is the perfect place to put down roots. With 1,200 new spacious homes up to 4,000 sq. ft., families looking for more space can find homes with elegant living and dining areas, plenty of room to create a home office or study area and large private backyards. Interested homebuyers are encouraged to register to learn more about new phases coming soon.

Carriage House is an exquisite collection of well-crafted townhomes and detached homes that offer magnificent heritage exteriors and the kind of interior features and finishes families love. With designer kitchens, nine-ft. ceilings throughout, custom stonework and so much more, the homes have been meticulously designed to make a statement in a community that is truly like no other.

“We listened to local residents’ needs when we worked on the plan for this new community,” says Rehmatullah. “We worked with our stakeholders and the municipality to find the best plan for the township and the community.”

Flato learned there was an urgent need for an apartment for seniors, so instead of creating a plan that included only

lowrise residential homes, the company included an adult lifestyle apartment in the master plan.

Residents at Edgewood Suites can choose from studio rentals, and one- or two-bedroom suites to discover safe, carefree and comfortable living at its finest. The building is nearing completion and will be a welcome addition to the community.

Flato also looked at the healthcare facilities in the area and worked with the township and Grey Bruce Health Services to build a new full-service clinic right in heart of Dundalk, donating $1 million to make it happen. “In 2020, Flato donated $1 million to South East Grey Community Health Centre, a charity organization providing health care services and programs to the residents of Grey County. This gift will help build a full-service health clinic in Dundalk, expanding access to primary care, mental health, social and home care services to area residents,” says Rehmatullah.

As the charming village continues to grow, there is a need for more retail, grocery and services. Realizing this, Flato converted the plan for townhomes to a commercial plaza, Edgewood Plaza, right off Hwy 10. Edgewood Plaza features 700- to 5,000-sq.-ft. units.

With more diverse residential housing, an apartment for seniors, a new retail/commercial plaza, healthcare services, and enhanced parks and nature trails, Flato is building a complete community in Dundalk that is a result of unparalleled community engagement. cOmmIttED tO cOmmUNIty sERvIcE

Since its founding in 2005, Flato has been committed to supporting charities and causes in places where Flato operates and builds new communities.

From giving to local hospitals and clinics to promoting arts and culture, Flato is dedicated to positive change in our communities. Flato has actively supported arts, healthcare, foodbanks and others in the community.

For example, Flato is the Honourary Patron of the Flato Markham Theatre, and the company has committed a $1.37-million donation over the next 15 years to help the Academy Theatre in Lindsay plan for sustainable, longterm growth. This theatre is now called the Flato Academy Theatre Lindsay.

Flato built the Shakir Rehmatullah Cancer Clinic of Markham Stouffville Hospital. The company also actively supports Markdale Hospital in Grey County, as well as the South East Grey Community Health Centre, Headwaters Hospital in Dufferin County, Stevenson Memorial Hospital in New Tecumseth, and Ross Memorial Hospital in Kawartha Lakes.

DEDIcAtED tO BUILDINg cOmPLEtE cOmmUNItIEs

Flato Developments has introduced a new and refreshing spirit to community building across southern Ontario.

The homebuilder has established a reputation for paying meticulous attention to the finest details.

Understanding the unique needs of each community is how Flato excels at seamlessly integrating a new neighbourhood into an existing one, how the builder offers distinctive homes with innovative designs, and how the company goes above and beyond to ensure customer and community satisfaction.

“This is all part of our corporate mission, not just building homes but enhancing the complete communities we develop,” says Rehmatullah.

To learn more about Flato Developments, and register for information about upcoming communities, visit flatogroup.com.

nexthome.ca 39

ADVICE REAL ESTATE PRO LOREM | IPSUM IF NEEDED

2021 SET MOMENTUM FOR A SUCCESSFUL 2022

BARBARA LAWLOR

According to Altus Group statistics, in 2021, new home and condominium sales for the Greater Toronto Area were the second highest on record after 2002, and were 27 per cent above the 10-year average.

Condominium sales were particularly robust – a full 40 per cent above the 10-year average, and just a few units short of the all-time record set in 2017. December sales alone were four per cent above the 10-year average for lowrise homes, and condo sales were the second highest after 2016.

In addition, in December, benchmark prices hit new record highs for both types of product, and inventory hit the lowest level ever for that month.

To say the industry is on a roll is an understatement. Momentum has carried into 2022, and sales are starting out strong, especially with supply still outpacing demand. We hear a lot about interest rates possibly rising, but even so, they will still be historically low. The ability to arrange mortgages at these incredible rates will continue to fuel new home and condo sales.

Then consider immigration and its effects on demand. A recent report commissioned by the Building Industry and Land Development Association (BILD) claims that the Greater Toronto Area and Hamilton should have 30 per cent more new home units per year to accommodate rising populations. It also points out 40

HOMES Magazine | Feb. 12–March 12, 2022

that populations have unfortunately been underestimated by Ontario’s Growth Plan for the Greater Golden Horseshoe. That plan was established before Canada’s federal government enabled international students to work here while studying, and of course, many of them stayed. It was also before Harper’s Express Entry program that helped skilled workers come here with an expedited immigration process. Even the pandemic hasn’t dampened demand.

Trust me, builders and developers want to build more new homes and condos. They face obstacles in the form of building approvals processes that are taking longer than ever, as well as exorbitant development charges and other fees and taxes.

Previous timelines are now many months, and sometimes years, longer.

The Greater Toronto Area remains the most populous metropolitan area in Canada. The Toronto Metropolitan Area has a current population of 6.3 million, with the city of Toronto home to slightly less than three million of those, and every year those numbers increase. We attract so many newcomers because of the high quality of life we enjoy. Just think of how much safer life is here than in many other countries around the globe. We have work-class educational, recreational, cultural, sporting, medical and shopping venues. Our new homes and condos are built to an amazingly high standard, and purchasers have more choice than practically anywhere else in the world.

We also have relatively stable governments, but we need more creative input into housing from

X02, Lifetime Developments

all three levels. I long for the day when demand outpacing supply is no longer an issue in the GTA. In the meantime, we continue to sell new homes and condos amid a strong and resilient industry.

Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com

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HOMES MAGAZINE

NORTH REGION FEATURING PROFILES OF NORTH REGION ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF GEORGIAn COmmUnITIES. FOR mORE InFORmATIOn SEE PAGES 6-7.

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach nexthome.ca 41

BUILDER PROFILE | ORO-MEDONTE

FOREST HEIGHTS ESTATES DEMOCRAT HOMES EMBRACES WINTER IN HORSESHOE VALLEY Horseshoe Valley is a place where winter is celebrated with traditional open-air activities – from skiing and snowmobiling to skating, snowshoeing and ice fishing. Now, Democrat Homes is creating an exclusive and picture-perfect community, set in the centre of all the icy excitement. If you love the great outdoors and everything winter has to offer, then Forest Heights Estates is definitely the place for your family.

Situated just one hour north of the city between Orillia and Barrie, Oro Medonte is a snow-lover’s paradise.

42 HOMES Magazine | Feb. 12–March 12, 2022

But that’s only half the story. Forest Heights Estates offers brick and stone bungalow and two-storey singlefamily homes on treed ravine lots, nestled in nature, but surprisingly close to all modern amenities. Sports facilities, ski hills, woodland trails… as well as big box stores, boutiques, restaurants, waterfront, schools, hospitals and a major university are a short drive away.

Whether it’s winter or any season, the lifestyle is incredible… towering pines and maples, oak trees and white birch dot the landscape. Breathe in the clean, fresh air as you listen to the sound of serenity, interrupted only by the gentle chirping of birds. Now picture the home of your dreams framed against the greens, reds and browns of the Simcoe County Forest.

This isn’t a fantasy or a pipe dream.

This is the reality Democrat Homes is building for a fortunate few in the brand-new Forest Heights Estates community in Horseshoe Valley.

To match the stunning natural – and sometimes snowy – beauty

of nature’s bounty, Democrat has raised the bar by offering exceptional standard features, bringing elegance and luxury inside every home it builds. Incredible standards include engineered hardwood floors, nine-ft. ceilings, oak stairs, insulated steel garage doors, upgraded trim and kitchen cabinets, 200-amp service, pot lights, tankless water heaters and more. Democrat wants to set every house apart with a uniqueness and individuality that will speak to your refined taste.

Bold brick and brick with stone elevations are dramatically silhouetted against the green, snow-covered woods, just outside your back door.

Democrat Homes’ custom-style elevations feature architecturally refined exteriors, which include high-pitched roofs, classic masonry, decorative columns, and pre-cast detailing (such as key-stones, banding and sills), giving every model a regal stature.

Each lot is unique in size and appearance, ranging from a minimum

half acre to premium lots on private cul-de-sacs that approach three acres of treed beauty.

Democrat has designed classic two- or three-garage bungalows with nine-ft. ceilings, upgraded kitchens and finishes, sited on sprawling 100-by-200-ft. (minimum) sized lots.

These single level homes range from 1,615 to 2,821 sq. ft. and incorporate large picture windows with ample views of the stunning landscape... of your own backyard. Other standard features include hardwood flooring, gas fireplace, granite counters, superior ceramics and designer finishes. Whether you prefer the onefloor convenience or have had it with climbing stairs, these are the perfect models for you.

Of course, who can argue with the unmatched beauty, refinement and elegance of a classic twostorey estate home – especially in Forest Heights. The refined townand-country homes have found a perfect placement in picturesque Horseshoe Valley. These stunners offer high-pitched roofs, two- and three-car garages, large verandas and distinct windows on their brick and stone exteriors. Step inside to discover sizable foyers, nine-ft. ceilings (some with vaulted and cathedral treatments), wood, tile and berber carpeted floors, large master bedrooms plus two or three

additional generous bedrooms, and so much more. There are six exceptional models to choose from, ranging in size from approximately 2,400 to 3,500 sq. ft., one more beautiful than the other.

Forest Heights is a real neighbourhood with fantastically fit empty-nesters and forever young families coming together in a celebration of fine living and fabulous surroundings. All homeowners will enjoy convenient access from Horseshoe Valley Road. And the homes are perfectly situated on a quiet main road as well as several one-of-a-kind cul-de-sacs. Democrat wants Forest Heights to be the place you choose for now and forever. It’s like no other community and the limited 80 lots make it truly exclusive.

It is a special place that will remain a jewel in the heart of Oro-Medonte for years to come.

Sales manager Mark Palumbo handles every purchase personally and will help you navigate your newhomebuying experience with ease.

From the initial purchase to colour charts, electrical layouts and kitchen design, Palumbo will assist you with every aspect of your new home.

Finally, you should know that these Estate Homes are available at about half the Toronto price, starting from the $1.5 millions. The first and second phases are entirely sold out, but now

is the time to register for Phase 3.

Winter is the perfect period to find your forever home in Forest Heights.

For further information and to register, visit Democrat Homes website at democrathomes. com or email Mark directly at:mark@democrathomes.com.

nexthome.ca 43

hoMeS MAGAZINE

SouthweSt ReGIoN FEATURING PROFILES OF SOUTHWESTERN ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF LUCCHETTA HOMES. FOR MORE INFORMATION SEE PAGE 48.

Brantford • Burlington • Cambridge • Georgetown • Guelph Halton Hills • Hamilton • Kitchener-Waterloo • Milton Niagara • Oakville • Stoney Creek • And Surrounding Areas nexthome.ca 45

BUILDER PROFILE | ST. CATHARINES

LUSSO URBAN TOWNS NIAGARA’S NEWEST HIP COMMUNITY Lucchetta Homes has designed a chic, contemporary collection of urban townhomes conveniently located within the city of St. Catharines. Welcome to Lusso Urban Towns, a distinctive enclave destined to become a one-of-kind “signature community” found in the heart of Niagara.

The Lucchetta family continues their tradition of building finely 46 HOMES Magazine | Feb. 12–March 12, 2022

crafted homes and award-winning communities throughout the Niagara Region since 1960. Lucchetta Homes is relentless in its pursuit of “legendary luxury,” a standard the company insists upon for each and every home it builds. Lusso will continue that tradition.

“Our passion is evident in each beautifully designed home, with stunning quality features in award-

winning developments. At Lucchetta, we not only build exceptional homes, but foundations to ‘live your best life,’ according to Robert and Edward Lucchetta.

Living at Lusso means you have everything right at your doorstep.

Conveniently located with easy access to the QEW and 406, these beautiful homes are near all amenities, including schools,

“

Scenic areas such as the shores of Lake Erie in the south and historic Niagara-On-TheLake to the north are close by.

”

Brock University, Niagara College, churches and sports facilities.

Within minutes of your front door, you will find a complete array of shops, entertainment, services, restaurants, the regional hospital, scenic parks, world class wineries and spectacular golf courses. The area’s very own wonder of the world, Niagara Falls, is a just short drive away!

Lusso is one hour from Toronto, and the Buffalo International Airport is just 50 minutes away. Scenic areas, such as the shores of Lake Erie in the south and historic Niagara-On-TheLake to the north, are close by.

This outstanding collection of exceptional two-storey, threebedroom homes range in size from 1,817 to 2,252 sq. ft. Lusso’s inspiring exteriors include luxurious stone, modern brick, stucco and attractive Hardie Planking. Finely finished openconcept interiors are spacious, well designed and bright. Details can be found on the Lucchetta website at lucchettahomes.com/lusso.

Don’t be disappointed. These homes will sell fast. With construction well underway, Lucchetta Homes invites you to see more at its on-site sales centre at 24 Grapeview Dr. in St. Catharines. Open every Saturday and Sunday afternoon, prospective buyers are asked to visit by appointment only at this time.

For further information or to make your personal appointment, call or text Paul Snack at 416.605.3885, or email at lussosales@lucchettahomes.com. nexthome.ca 47

Build Your Future in Niagara Exclusive urban towns in the heart of St. Catharines starting from the high $900K’s

Artist’s Concept

REGISTER TODAY

lucchettahomes.com/lusso PRICES & SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E.

Boutique living, by the Shore.

Coming Soon to Etobicoke Starting from $1.4 million Discover Lake Shore’s next luxury boutique residence. Located in the heart of waterfront Etobicoke, the Boutique Towns are a curated collection of back-to-back townhomes defined by a rich selection of standard features and finishes.

Elevated living has reached new heights.

Boutique luxury 2-bedroom & Den Back to Back Towns Register today at dunparhomes.com

BRO WN IN ’S L E

* Please ask sales representative for details. Prices, terms & speciications are subject to change without notice. E.&.O.E.

LAK

ESH

ORE

D B LV

W

BUILDER PROFILE | MIDTOWN

LAMBTON TOWNS OFFER RARE LOWRISE LIVING IN VIBRANT ST. CLAIR AVENUE WEST For homebuyers with a wish list for a walkable neighbourhood, easy access to transit and shopping plus a beautiful home, Dunpar Homes’ Lambton Towns checks all the boxes.

The collection of 96 back-to-back townhouses at 2650 St. Clair Ave. W. provides a rare opportunity to enjoy lowrise living in this up-and-coming neighbourhood.

Dunpar continues its tradition of bringing thoughtfully designed and well-constructed residences to vibrant communities with this collection of 94 luxury back-toback towns.

As a more affordable option to downtown, many millennials and families are choosing the St. Clair West midtown neighbourhood. The area’s undergoing a massive revitalization with many new condo towers. The Lambton Towns offer an alternative to highrise living in 50 HOMES Magazine | Feb. 12–March 12, 2022

this pedestrian-friendly neighbourhood rich in amenities and close to transit. The 512 St. Clair streetcar stop is just a six-minute walk away and other nearby transit options include the subway from the Old Mill station, TTC buses to downtown and GO Transit and the UP (Union Pearson Express) from Bloor Station. Hwys. 401 and 427 and the Gardiner Expressway are a short drive away. The location is convenient to downtown Toronto as well as to North York and Mississauga.

Lambton Towns residents will be able to walk to numerous stores, restaurants and services. St. Clair West’s existing retail scene has been enhanced with new boutique shops, specialty grocery markets, salons, fitness studios and gyms, restaurants and cafes as the revitalization continues. Residents will enjoy proximity to major chain stores such as Loblaws, Shoppers Drug Mart,

LCBO and Walmart. There are elementary and secondary schools, as well as childcare centres and recreation facilities for families.

It’s easy to connect with nature with an abundance of parks and proximity to the Humber River Recreational Trail. Smythe Park is a 15.3-hectare park with biking and walking trails, three ball diamonds, outdoor pool, splash pad and children’s playground. Marie Baldwin Park offers community gardens, summer camps and learning events and it’s adjacent to a leash-free dog park. The Humber River Recreational Trail is a favourite among locals for walking and biking. It follows the river and is dotted with benches, small waterfalls and fountains and provides connection to the Lake Ontario Waterfront Trail.

Malta Park is a small park with beautiful trees that’s a nice place to have a picnic and James Gardens, a former estate on the Humber River, is renowned for its gardens, stone pathways, spring-fed ponds, streams and mature trees. It’s where people can lawn bowl, cross country ski or enjoy views of downtown Toronto from a scenic lookout.

When they aren’t out and about in the neighbourhood, Lambton Towns residents can relax at home in residences with quality construction and functional floorplans.

Dunpar is as discriminating about its homes’ design and quality as it is about the neighbourhoods it chooses to build in. Exteriors are modelled on English Georgian Manors, utilizing genuine Custom Natural Indiana Limestone features and planter boxes crafted with ledger rock Kingston Hue Stone.

Interiors feature open-concept main-floor layouts at a generous 1,569 sq. ft. with three bedrooms, two baths, single car parking and rooftop decks.

Dunpar will soon launch another much-anticipated townhouse collection, Boutique Towns on Lake Shore at 80 Thirtieth St. in Etobicoke. This collection will appeal to buyers who enjoy proximity to the Lake Ontario Waterfront and to shopping, salons and spas, restaurants, transit, parks and recreation facilities. For families, childcare facilities, elementary and secondary schools are in the neighbourhood, as well as Humber College’s Lakeshore campus with its extensive post-secondary program offerings. Golfers can tee off at the private Toronto Golf Club or the public Lakeview Golf Course. Sailors can dock at the private Port Credit Yacht Club, a year-round private club, or enjoy recreational sailing with the non-profit Port Credit Sailing Club.

For more than 40 years, Dunpar Homes has been building superbly designed and architecturally unique homes and communities across the GTA. It has established a reputation as a premier builder specializing in luxury townhomes. It has demonstrated its ability to adapt to the evolving industry by offering homebuyers comprehensive virtual tools to help them achieve their ownership goals.

For more information or to register for Lambton Towns or Boutique Towns on Lake Shore, visit dunparhomes.com.

51

INSPIRATION |

big style

SENSE OF PEACE HOW TO CREATE A

IN YOUR HOME FOR 2022

by LISA ROGERS

More and more evidence suggests that our homes directly influence our moods, overall health and well-being, and this couldn’t be more accurate than in this “new normal” we continue to adapt to this new year.

Our homes are our sanctuaries, refuges and our way to escape the chaotic world around us, and it’s essential we create spaces that feel peaceful and harmonious.

Is it any surprise that in 2022 – our third year in a global pandemic — interior trends are slanting towards ways to make us feel less pressured and more emotionally relaxed? Here are 52 HOMES Magazine | Feb. 12–March 12, 2022

some of my favourite interior design trends for 2022 that focus on calm.

Think of anything that feels warm and cosy, such as nature-inspired surfaces (marble, stoneware and terracotta), accents such as cashmere throws and oversized pillows, vintage bulbs in your lighting fixtures, or incorporating shades of brown (chocolate, camels and caramels) into your soft furnishings, a kitchen backsplash or decorative accessories.

Stay close to hues you would find in nature to create an environment that feels soothing and mimics the calming effect of the outdoors.

CREATE A MEDITATION NOOK

When it comes to maintaining a healthy sense of self, more and more people are going for an inside-out approach. A big part of that is incorporating meditation and mindfulness practice into their daily routines. Pre-pandemic, we may have looked at taking time out of our busy days to meditate as a luxury.

Now it’s become a necessity: We need an outlet to relieve stress and develop coping mechanisms that preserve our mental health during one of the most trying times we have been through.

You can transform any room in your home into a peaceful mediation nook: Find a comfortable corner (ideally, near a window) and create a cosy sanctuary with soft floor pillows, a small carpet and a comfortable bench for sitting.

Whether you meditate for three minutes or 30, carve out time in your day to focus on yourself outside of your daily distractions. Meditation works wonders in keeping us in the moment, and it can be effective in reducing our heart rates, cortisol levels and anxiety.

working from home and possibly having the option to continue once this pandemic is over, we will need to be more creative with designing our spaces to accommodate our working from home lives.

Many open-plan kitchens will reconfigure into alternative workspaces with shelves, spacesaving features and maximized corners. Kitchen nooks are the new workspace: They can work double duty as a workspace instead of the living room.

CURVED FURNITURE

CREATIVE WORK-FROMHOME SOLUTIONS

Home offices are a must these days, and I don’t see this need dying down anytime soon. With many people

Curved furniture is massive for 2022, and as we continue to shift away from cold minimalism towards cosier interiors, our furniture is also moving towards softer and curvier lines.

Organically-shaped furniture (no hard

edges!) and round-edged pieces will dominate, giving comfort and calm.

SUSTAINABLE PIECES

People have begun to shop more sustainably, and I don’t expect that to end anytime soon. Vintage is such a strong storyteller, and it has the power to create a beautiful narrative in any room. Still, aside from the inherent intrigue and history in antique furniture and pieces, vintage also supports sustainability, which we should all commit to in an even more significant way this new year.

Whether you commit to shopping locally or buy responsibly-sourced items, people are keen to stay Green as much as they can. By repurposing old, reworked or antique pieces, we reduce our footprint and create a warm environment.

Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline. Follow Lisa’s blog at craftedbylisa.ca nexthome.ca 53

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Greater Toronto Area to keep your eye on

MAP

LOCATION

SITE

ADDRESS

CONTACT

1.

Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ....................................................... fieldgatehomes.com

2.

Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ..........................................paradisedevelopments.com

3.

Aurora.............................................Queen’s Grove Collection..................................... Yonge St. & Bloomington Rd. ............................................... northstarhomes.com

4.

Aurora.............................................Allegro Downtown Aurora .................................... 36 Klees Crescent .................................................................................geranium.com

5.

Aurora.............................................Woodhaven ............................................................... 14222 Yonge St. ................................................................brookfieldresidential.com

6.

Aurora.............................................Shining Hill ................................................................ Yonge St. & St. John’s Siderd. .............................................. regalcresthomes.com

7.

Aurora.............................................Aurora Townhomes................................................. George St. & Wellington St. .........................................................andrinhomes.com

8.

Aurora.............................................Paradise Aurora ........................................................ Mavrinac Blvd. & Wellington St. ...............................paradisedevelopments.com

9.

Brampton.......................................DUO Condos............................................................. 245 Steeles Ave. W.. .............................................................................. duocondos.ca

10.

Brampton.......................................Spring Valley Estates ............................................... 1364 Queen St. ........................................................................ springvalleyestates.ca

11.

Brampton.......................................Mayfield Village ........................................................ Bramalea Rd. & Mayfield Rd. ................................................. royalpinehomes.com

12.

Brampton.......................................The Sandalwood ...................................................... 120 Sandalwood Parkway East ............................................. royalcliffhomes.com

13.

Brampton.......................................Three Rivers Claireville........................................... Goreway Dr. & Humberwest Pkwy ....................................... nationalhomes.com

14.

Brampton.......................................Queens Lane Townhomes .................................... Mississauga Rd. & Queen St. ....................................... branthavenbrampton.com

15.

Brampton.......................................Cleave View Estate By The Credit ........................ Queen St. & Mississauga Rd. ................................................ regalcresthomes.com

16.

Brampton.......................................Westfield..................................................................... Mississauga Rd. & Steeles Ave. ...........................................................greatgulf.com

17.

Brampton.......................................The Estates of West River Valley........................... McVean Dr. & Countryside Dr............................................... royalpinehomes.com

18.

Brampton.......................................Mount Pleasant North & UNION Mount Pleasant .... Remembrance Rd. & Edenbrook Hill Dr. ............................mattamyhomes.com

19.

Brampton.......................................High Point .................................................................. Mississauga Rd. & Mayfield Rd. ................................paradisedevelopments.com

20.

Brampton.......................................Beechwood ............................................................... Chinguacousy Rd. & Mayfield Rd. ...........................paradisedevelopments.com

21.

Caledon .........................................Ellis Lane .................................................................... Mayfield Rd. & Chinguacousy Rd. ........................................mattamyhomes.com

22.

Caledon .........................................Palgrave Estates ....................................................... Mount Pleasant Rd. & Hunsden Rd. ...............................................flatogroup.com

23.

Caledon .........................................Pathways Caledon East .......................................... Old Church Rd. & Innis Lake Rd. .....................................................flatogroup.com

24.

Etobicoke.......................................Vita On The Lake 2 .................................................. 2167 Lake Shore Blvd. W. ........................................................mattamyhomes.com

25.

Etobicoke.......................................Lake Shore Village ................................................... 68 Daisy Ave. ................................................................................. dunparhomes.com

26.

Etobicoke.......................................Lake & Town .............................................................. Islington Ave. & Lake Shore Blvd ......................................................... menkes.com

27.

Etobicoke.......................................Boutique Towns ....................................................... 80 Thirtieth St. .............................................................................. dunparhomes.com

28.

Etobicoke.......................................2650 St. Clair Ave W. ............................................... 2650 St. Clair Ave W .................................................................... dunparhomes.com

29.

Kleinburg .......................................New Kleinburg .......................................................... Hwy. 27 & Major McKenzie Dr. W. ........................................ fieldgatehomes.com

30.

Kleinburg .......................................The Enclave on Nashville ...................................... 99 Nashville Rd. .......................................................................stateviewhomes.com

31.

Kleinburg .......................................Pine Valley ................................................................ Pine Valley & Teston Rd ...........................................................goldparkhomes.com

32.

Markham and Unionville.............Cornell Markham ..................................................... Bur Oak Ave. & Hwy 7 .............................................................. ballantryhomes.com

33.

Marham and Unionville .............Union Glen ................................................................ Kennedy Rd. & Major McKenzie ............................................ fieldgatehomes.com

34.

Markham and Unionville ...........Riverwalk Meadows ................................................ Ninth Line & 14th Ave. .......................................................................flatogroup.com

35.

Markham and Unionville ...........Angus Glen South Village ...................................... 9980 Kennedy Rd., #200. .........................................kylemorecommunities.com

36.

Markham and Unionville ...........Kennedy Manors ...................................................... 4500 Major Mackenzie Dr East. ...............................kylemorecommunities.com

37.

Markham and Unionville ...........Nao Phase 2 .............................................................. 14th Ave. & McCowan Rd.......................................................stateviewhomes.com

38.

Markham and Unionville ...........On The Mark Phase 2.............................................. 16th Ave. & Woodbine Ave. ...................................................stateviewhomes.com

39.

Markham and Unionville ...........Minu Towns ............................................................... Donald Cousens Pkwy. & Ninth Line ..................................stateviewhomes.com

54 HOMES Magazine | Feb. 12–March 12, 2022

+ MAP

MAPS

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

LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

40.

Newcastle ......................................Belmont ...................................................................... West Coast Forest ..............................................................................treasurehill.com

41.

Oshawa ..........................................Kingsview. Ridge ...................................................... Taunton Rd. & Townline Rd. N........................................................treasurehill.com

42.

Oshawa ..........................................Dreamscape .............................................................. Conlin Rd. & Harmony Rd. ..................................................... fieldgatehomes.com

43.

Oshawa .........................................Winchester Estates .................................................. Ritson Rd. & Winchester Rd................................................................... menkes.com

44.

Oshawa ..........................................Park Ridge .................................................................. Conlin & Townline Rds. ................................................... tributecommunities.com

45.

Pickering ........................................Geranium in Pickering............................................ Altona Rd. & Twyn Rivers Dr. .............................................................geranium.com

46.

Pickering ........................................Nutowns ..................................................................... Brock Rd. & Whitevale Rd. ............................................................ madisongroup.ca

47.

Pickering ........................................Edgewood Pickering............................................... Altona Rd. & Finch Ave. .......................................................................geranium.com

48.

Pickering ........................................Seaton ......................................................................... 1075 Taunton Rd. ...................................................................... fieldgatehomes.com

49.

Pickering ........................................Frenchman’s Bay...................................................... Liverpool Rd. & Bayly St. ...................................................................madisonfb.com

50.

Richmond Hill ..............................The Bond ................................................................... Yonge & King.............................................................................stateviewhomes.com

51.

Richmond Hill ..............................King’s Landing .......................................................... Oak Ridges ................................................................................stateviewhomes.com

52.

Richmond Hill .............................Ivylea ........................................................................... Leslie St. & 19th Ave. ......................................................................marlinspring.com

53.

Richmond Hill ..............................Richlands.................................................................... Leslie St. & Elgin Mills Rd. ...................................................... fieldgatehomes.com

54.

Richmond Hill .............................Millbrook Park........................................................... Elgin Mills & Leslie St..........................................................northstarhomesinc.com

55.

Richmond Hill .............................Park Lane Place ........................................................ Elgin Mills & Leslie St..........................................................northstarhomesinc.com

56.

Richmond Hill .............................Observatory Hill ....................................................... Bayview Ave. & 16th Ave. ........................................................myobservatoryhill.ca

57.

Richmond Hill ..............................Richlands.................................................................... 10961 Leslie St. ..................................................................................opushomes.com

58.

Richmond Hill ..............................Emerald Crossing..................................................... 8854 Yonge Street .................................................................... fieldgatehomes.com

59.

Richmond Hill ..............................King East Estates ...................................................... King Rd. & Toscanini Rd...................................................................... pureplaza.com

60.

Scarborough .................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. ......................................... fieldgatehomes.com

61.

Scarborough .................................Valleyview Garden................................................... 3012 Kennedy Rd. ...................................................................valleyviewgardens.ca

62.

Scarborough .................................Upper Summerside ................................................. 743 Warden Ave. ......................................................................mattamyhomes.com

63.

Scarborough .................................2787 Eglinton Ave. E................................................ 743 Warden Ave. ......................................................................mattamyhomes.com

64.

Toronto ..........................................Lambtown Towns .................................................... 2650 St. Clair West....................................................................... dunparhomes.com

65.

Thornhill ........................................Citylux Towns at Thornhill Woods ...................... Dufferin St. & Rutherford Rd. ................................................ fieldgatehomes.com

66.

Vaughan .........................................Hotel Vie..................................................................... 8440 Hwy. 27............................................................................................hotelvie.com

67.

Vaughan .........................................Evoke ........................................................................... Dufferin St. & Rutherford Rd. ..........................................................treasurehill.com

68.

Whitby ............................................Queen’s Common ................................................... 1075 Taunton Rd.. .....................................................................mattamyhomes.com

69.

Whitby ...........................................Country Lane ............................................................ Taunton Rd. & Country Lane ........................................... countrylanewhitby.com

70.

Whitby ............................................Whitby Meadows ..................................................... Cochrane St. & Taunton Rd. ...........................................................opushomes.com

71.

Whitby ...........................................The Boatworks Towns in Whitby ......................... Brock St. S. & Victoria St. W. ........................................................andrinhomes.com

72.

Whitby ...........................................Park Vista/Whitby Meadows ................................. Cochrane St. & Taunton Rd ................................................... fieldgatehomes.com

73.

Whitby ............................................The Landing in Whitby Harbour........................... Brock St. South & Victoria St. ................................................................ carttera.com

74.

Whitechurch/Stouffville ............Blue Sky ...................................................................... 9th Line & Millard St. ................................................................ fieldgatehomes.com

75.

Whitechurch/Stouffville ...........Cityside Stouffville................................................... Tenth line & 19th Ave. ............................................................. fieldgatehomes.com

76.

Woodbridge ..................................Pine Valley.................................................................. Pine Valley Dr. & Major Mackenzie Dr. .....................................marlinspring.com

77.

Woodbridge ..................................The Enclave ............................................................... 410 Chrislea Rd. .......................................................................stateviewhomes.com nexthome.ca 55

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Match the map numbers with property listings on the previous Hot Properties page

nexthome.ca 57

HOT PROPERTIES | OUT OF TOWN EAST

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1.

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3.

4.

5.

6.

7.

LOCATION

SITE

ADDRESS

CONTACT

Courtice .........................................The Vale ...................................................................... Prestonvale Rd. & Bloor St....................................................... nationalhomes.com East Region ...................................Newbrook .................................................................. North St. & Concession Rd. ......................................................brookfieldhomes.ca East Region ...................................Haven on the Trent .................................................. Forest Hill Rd. & Riverside Trail................................................................. sifton.com Peterborough ...............................Parklands & The Condo Arbour Villas ................ 1224 Chemong Rd. .......................................................................... masonhomes.ca Port Hope/Cobourg ...................Port Hope Lakeside Village ................................... 415 Lakeshore Rd. ............................................................................ masonhomes.ca Port Hope/Cobourg ...................Kingswood Cobourg............................................... 425 King St. E. .................................................................................... masonhomes.ca Port Perry.......................................Courts of Canterbury .............................................. Simcoe St. & Country Estates Dr. ......................................................geranium.com

Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started.

58 HOMES Magazine | Feb. 12–March 12, 2022

HOT PROPERTIES | OUT OF TOWN NORTH

FIND YOUR NEXT HOME

The latest properties in the Out of Town North Area to keep your eye on 5

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ADDRESS

CONTACT

Barrie ..............................................Hampton Heights .................................................... Essa Rd. & Ardagh Rd. .............................................................stateviewhomes.com Bracebridge ..................................White Pines ................................................................ 39 Clearbrook Trail ...................................................................mattamyhomes.com Horseshoe Valley.........................Forest Heights Estates ............................................ 2 Diamond Valley Dr., Oro Medonte ................................. democrathomes.com Horseshoe Valley.........................One Twenty Fonthill Condominium Residences .... North Pelham atHwy. 20 ...........................................................mountainview.com Muskoka .........................................Highcrest in Muskoka ............................................. 46 Hanes Rd. ...................................................................... edgewoodmuskoka.com North Region ................................Craighurst .................................................................. Horseshoe Valley Rd. & Hwy. 93................................georgianinternational.com North Region ................................Mountain House at Windfall ................................. Mountain Rd. & Crosswinds Blvd, Collingwood ...georgianinternational.com North Region ................................Emerald Crossing..................................................... Hwy. 89 & Hurontario St., Shelburne .................................. fieldgatehomes.com North Region ................................Braestone Horseshoe Valley ................................. 3246 Line 9 North, Oro Medonte..............................georgianinternational.com North Region ................................GreenRidge & Beeton Village ............................... 41 Main St. W., Beeton .......................................................................flatogroup.com North Region ................................Midhurst Heights...................................................... Russel Rd. & Craig Rd...........................................................................geranium.com North Region ................................Edgewood Greens ................................................... Hwy. 10 & Main St. East, Dundalk ...................................................flatogroup.com North Region ................................Edgewood Suites ..................................................... 270 Hagan St. E., Dundalk .........................................................edgewoodsuites.ca North Region ................................Collingwood ............................................................. Maple & Sixth Street ..........................................................georgianinternational.ca Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com Owen Sound.................................Greystone Village..................................................... 1800 2nd Ave. E...................................................................................flatogroup.com

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nexthome.ca 59

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Southwestern Ontario Area to keep your eye on

MAP

LOCATION

SITE

ADDRESS

CONTACT

1.

Burlington/Waterdown..............The Towns at Valera ................................................ 4858 Thomas Alton Blvd. ...................................................adidevelopments.com

2.

Burlington/Waterdown..............Nautique Lakefront Residences ........................... 375 Brant St. ............................................................................adidevelopments.com

3.

Burlington/Waterdown..............National Homes in Burlington, ............................ 484-490 Plains Rd. E. ............................................................... nationalhomes.com

4.

Burlington/Waterdown..............Affinity Condominiums .......................................... Plains Rd. E. & Filmandale Rd. ............................................ rosehavenhomes.com

5.

Burlington/Waterdown..............Millcroft Towns ......................................................... Appleby Line & Taywood Dr........................................... branthavenmillcroft.com

6.

Hamilton-Wentworth .................Losani Homes at Barton & Glover ....................... Barton St. & Glover Rd. ..................................................................losanihomes.com

7.

Hamilton-Wentworth .................On The Ridge ............................................................ Mud St. & First Ave. ......................................................................... liveontheridge.ca

8.

Hamilton-Wentworth .................Central Park: Midtown & Soho ............................. Upper Red Hill Valley Pkwy & Rymal Rd. .................................. MyCentralPark.ca

9.

Hamilton-Wentworth .................Tiffany Hill Phase 3.................................................. 288 Raymond Rd. ............................................................................... rosehaven.com

10.

Hamilton-Wentworth .................Monterey Heights .................................................... Shaver Rd. & Garner Rd. W. ..........................................................dicenzohomes.ca

11.

Hamilton-Wentworth .................Stonegate Park ......................................................... Upper Wellington St. & Stone Church Rd. E. ...........................dicenzohomes.ca

12.

Kitchener/Waterloo ....................Wallaceton ................................................................. Huron Rd. & Fischer-Hallman........................................................ heathwood.com

13.

Kitchener/Waterloo ....................River Ridge................................................................. 90 Deer Creek St. ............................................................................................. activa.ca

14.

Kitchener/Waterloo ....................Vista Hills.................................................................... 259 Sweet Gale St............................................................................................ activa.ca

15.

Kitchener/Waterloo ....................Avenue M ................................................................... 40 Margaret Ave. .................................................................................. avenuemkw.ca

16.

Kitchener/Waterloo ....................Young Condos at City Centre ............................... King West & Young St. ...................................................................andrinhomes.com

17.

Kitchener/Waterloo ....................Trailside at Grey Silo Gate...................................... 243 Grey Silo Rd............................................................................................... activa.ca

18.

Kitchener/Waterloo ....................Riverwood ................................................................. 90 Deer Creek St. ............................................................................................. activa.ca

19.

Kitchener/Waterloo ....................Doon South & Ormston at Doon South ............ 653 Thomas Slee Dr. ....................................................................................... activa.ca

20.

London ...........................................RiverBend Golf Community.................................. 2200 Jack Nash Dr. ..................................................................................... sifton.com

21.

London ...........................................Victoria Flats.............................................................. Commissioners Rd. E. & Hamilton Rd. ................................................... sifton.com

22.

London ...........................................Victoria On The River.............................................. Sheffield Blvd. & Commissioners Rd. E. ................................................. sifton.com

23.

London ...........................................Caverhill ..................................................................... Clarke Rd. & Kilallay Rd. ............................................................................. sifton.com

24.

London ...........................................Hudson Park.............................................................. Colonel Talbot Rd. & Pack Rd. .................................................................. sifton.com

25.

London ...........................................Liberty Crossing ....................................................... Wonderland Rd. S. & Hamlyn St............................................................... sifton.com

26.

London ...........................................Middleton................................................................... Wharncliffe Rd. & Exeter Rd. ..................................................................... sifton.com

27.

Milton .............................................West Country Milton ............................................... Regional Rd. 25 & Brittania Rd. ................................................... countryhomes.ca

28.

Milton .............................................Milton Village ............................................................ Tremaine Rd. & Britannia Rd. ..............................................................greatgulf.com

29.

Milton .............................................Soleil............................................................................ Louis St. Laurent Ave. & Bronte St. S. ...................................mattamyhomes.com

30.

Mississauga ...................................5150 Ninth Line ........................................................ 5150 Ninth Line .........................................................................mattamyhomes.com

31.

Mississauga ..................................Whitehorn Woods.................................................... 1240 Britannia Rd. W. ................................................................ nationalhomes.com

32.

Mississauga ..................................Streetsville Centre ................................................... Mill St. & Queen St. S................................................................... dunparhomes.com

33.

Niagara Region ............................Millennium................................................................. Portage Rd., Niagara Falls ..........................................................mountainview.com

34.

Niagara Region ............................Lusso Urban Towns ................................................. Martindale Rd. & Grapeview Dr, St. Catharines. .............. lucchettahomes.com

35.

Niagara Region ............................Lyon’s Creek .............................................................. 4382 Mann St ................................................................................mountainview.com

36.

Niagara Region ............................Portview Estates ....................................................... Simcoe St. & Canal St..............................................................silvergatehomes.com

37.

Niagara Region ............................Vista Ridge & Vibrant at Vista Ridge .................... 4008 Mountain St. ..........................................................................losanihomes.com

38.

Niagara Region ............................Davis Heights ............................................................ 1535 Haist St, Pelham. ............................................................ lucchettahomes.com

39.

Niagara Region ............................Grimsby Waterfront ................................................. 398 N Service Rd. ...........................................................................losanihomes.com

40.

Niagara Region ............................Saffron Estates .......................................................... Port Robinson Rd. & Rice Rd., Fonthill ...................................mountainview.com

41.

Niagara Region ............................Lincoln Estates.......................................................... Lincoln Ave. & King St. ...................................................................losanihomes.com

42.

Niagara Region ............................The Residences at Hunters Pointe ...................... 71 Kyntre Trail............................................................................ lucchettahomes.com

43.

Niagara Region ............................Edgewater Trails ....................................................... Daimler Pkwy & Magnolia Ln, Welland. .............................. ballantryhomes.com

44.

Niagara Region ............................One Twenty Condos ............................................... Canboro Rd. & Rice Rd., Fonthill .............................................mountainview.com

60 HOMES Magazine | Feb. 12–March 12, 2022

+ MAP

MAPS

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

LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

45.

Niagara Region ............................Village on the Twelve ............................................. 21 Willow Bank Common St. ................................................silvergatehomes.com

46.

Niagara Region ............................River Estates .............................................................. Lametti Dr., Pelham.....................................................................mountainview.com

47.

Niagara Region ............................Timberwood Estates ............................................... Merritt Rd. & Grisdale Rd., Thorold .........................................mountainview.com

48.

Niagara Region ............................Ryan’s Grove ............................................................. 13 Tanner Dr. ............................................................................. lucchettahomes.com

49.

Niagara Region ............................Legends On The Green .......................................... Niagara Pkwy & Legends Way ............................................... silvegatehomes.com

50.

Niagara Region ............................West Community ..................................................... 44 Elderberry Rd., Thorold........................................................mountainview.com

51.

Oakville ..........................................The Greenwich at Oakvillage ............................... Trafalgar Rd. & Dundas St. East ..................................................... branthaven.com

52.

Oakville ..........................................Oakville Ravine Townhomes ................................ Sixth Line & Germorda Dr.......................................................... dunparhomes.com

53.

Oakville ..........................................Bronte Meadows ...................................................... Bridge Rd & Warminster Dr. .............................................................flatogroup.com

54.

Oakville ..........................................Randall Residences ................................................. Trafalgar Rd. & Randall St..................................................... rosehavenhomes.com

55.

Oakville ..........................................Upper West Side Condos 2.................................... 351 Dundas St. East .......................................................................... branthaven.com

56.

Oakville ..........................................Trafalgar Ridge.......................................................... River Oaks Blvd. & Namron Gate ............................................. dunparhomes.com

57.

Oakville ..........................................White Oaks Ravine................................................... 1429 Dundas St. ........................................................................... dunparhomes.com

58.

Oakville ..........................................The Preserve & East Preserve .............................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

59.

Oakville ..........................................The Preserve Woodland Estates .......................... Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

60.

Oakville ..........................................5North The Preserve,.............................................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

61.

Oakville ..........................................The Villages of Oak Park ........................................ Trafalgar Rd. & Dundas st. E. ................................................. ballantryhomes.com

62.

Oakville ..........................................West & Post................................................................ 2714 Westoak Trails Blvd. ..................................................branthavenoakville.com

63.

Oakville ..........................................Upper Joshua Creek ............................................... 9th Line & Dundas St. ..............................................................mattamyhomes.com

64.

Oakville ..........................................La Réserve.................................................................. 153 Reynolds St. ..................................................................... rosehavenhomes.com

65.

Welland ..........................................Sparrow Meadows ................................................... 335 Hillsdale Rd.. ................................................................... rosehavenhomes.com

66.

West Region ..................................The McKenzie Towns .............................................. 1535 McKenzie Rd. ......................................................................mountainview.com

67.

West Region ..................................Sifton Homes ............................................................ Hyde Park Rd. & Ilderton Rd. .................................................................... sifton.com

68.

West Region ..................................Boulder Creek ........................................................... Cleaver Rd. & King Edward St. .................................................................. sifton.com

69.

West Region ..................................St. George Village .................................................... Concession 2 & Woodhill Rd. ......................................................losanihomes.com

70.

West Region ..................................HarrisView.................................................................. 34 Hollingshead Rd..................................................................................... sifton.com

71.

West Region ..................................Brant West .................................................................. 562 Shellard Ln ....................................................................................brantwest.com

72.

West Region ..................................Magnolia Trails .......................................................... Modeland Rd. & Michigan Lane ............................................................... sifton.com

73.

West Region ..................................Rosewood.................................................................. Nissouri Rd. & Thorndale Rd..................................................................... sifton.com

74.

West Region ..................................Soleil St. Clair ............................................................ Corunna ......................................................................................................... sifton.com

75.

West Region ..................................Seasons & Watercolours at Simply Grand ......... 1039 Rest Acres Rd. ........................................................................losanihomes.com

76.

West Region ..................................Knightsbridge ........................................................... Graff Ave. & Mornington St. ...................................................................... sifton.com

77.

West Region ..................................Hazelwood on the Grand ...................................... Hardy Rd......................................................................................................... sifton.com

78.

West Region ..................................Cottonwood.............................................................. Dingle St. ........................................................................................................ sifton.com

79.

West Region ..................................Hawthorne Park ....................................................... Oakwood Dr. & Byron Ave. ....................................................................... sifton.com

80.

West Region ..................................Reflections Caledonia ............................................ 1437 McKenzie Rd .................................................................... ballantryhomes.com

81.

West Region ..................................Lakeside Landing Wellington................................ 411 Main St., Wellington.......................................................... royalcliffhomes.com nexthome.ca 61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph 17

14

Waterloo 12 Kitc

16 15

hener

Milton

13 18

32 34

76

33 19

Cambridge 1 5

68

3 70 67

4

75 77

Brantford

Hamilton

71 9 10

LONDON

8

73

23 69 20

11

66 85

London 22 21

80

26 72

25 24

74

78

62 HOMES Magazine | Feb. 12–March 12, 2022

81 31

Mississauga

32

30

63 57

51 55 65 66

56

52

64 Oakville 54

58 64

53

MAPS Burlington

6 7

39 46

41 37

45 34

St Catharines

50 33

Niagara Falls 79 44 40

38 48

65

47 42 43

36 35

49

Welland

CARTOGRAPHY: MARKETMAPS.COM

2

Match the map numbers with property listings on the previous Hot Properties page

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64 HOMES Magazine | Feb. 12–March 12, 2022

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ADVICE | INDUSTRY REPORT

WILL 2022 BE THE YEAR WE FIX HOUSING SUPPLY IN THE GTA?

DAVE WILKES

This year will bring both provincial and municipal elections in Ontario.

In the GTA, with housing inventories at near-historic lows, high demand for homes and rapid price escalation, housing supply and affordability will rank alongside COVID-19 recovery as defining election issues.

Insufficient housing supply exacerbates inequality, places a drag on economic growth, and threatens the collective quality of life in the region. Voters should demand meaningful platforms and policy ideas from candidates and parties.

After almost a decade of debate, the broad consensus is that lack of housing supply is driving the GTA’s affordability challenge. A 2021 Scotiabank report found that Canada had the lowest number of housing units per 1,000 people among G7 countries. In the GTA, the causes of the supply dilemma are multifactorial and complex, but are rooted in constrained land supply, lengthy building times driven by unnecessarily complicated and bureaucratic approval processes and a tight supply of skilled labour.

Layered on top of this is consistently strong demand as a result of rapid population growth due to intra-provincial and rural-tourban migration and immigration, resulting in tough competition for limited housing supply, which drives up prices. Fees and taxes charged by all three levels of government also add costs, amounting to 25 per cent

66 HOMES Magazine | Feb. 12–March 12, 2022

of the cost of a new housing unit in the GTA. Solutions tend to be divided into two camps – those focusing on demand and those that focus on supply. Any long-term solution must be firmly rooted in supply, rather than the tax-and-restrict approaches of trying to cool demand for housing.

Past attempts to cool demand have had short-term, muted impacts at best. Burdensome stress tests have kept young families off the property ladder, have caused difficulty in mortgage renewals for countless home buyers, and pushed those facing challenges to more expensive, higher-risk sources of financing.

Foreign buyer taxes, another way governments have attempted to cool demand, have yielded paltry returns to the government coffers and negligible impacts on housing affordability. The true cause of the issue is supply constraints, not foreign buyers.

Voters should be wary of political candidates who claim that adding taxes or other restrictions will increase affordability. Instead, they should be looking for candidates and parties to put forward solutions that will increase supply by addressing the root causes of land supply and approval times and solutions that cap or lower the already large tax burden placed on new homes and homeowners.

Dave 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.

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