GTA Homes Magazine - April 9, 2022

Greater Toronto’s Finest NEW HOME GUIDE

Greater Toronto Area April 9–May 7, 2022

Coming Soon 50’ Estate Homes Find Your Gem in Kleinburg

INSIDE:

SPECIAL REPORT: HOW TO PREPARE FOR THE HOT SPRING MARKET

FOUR THINGS TO LOOK FOR IN YOUR NEW HOME CONTRACT

BY

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AtAt National Homes, wewe rethink everything, every day.

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APRIL 9–MAY 7, 2022

CONTENTS COVER STORY

28 TESORO COLLECTION COMING SOON STATEVIEW HOMES BRINGS THIS LUXURY HOMES TREASURE TO KLEINBURG VILLAGE SOON 8

HOMES Magazine | April 9–May 7, 2022

48 25

Personal Finance What you need to know about the mortgage pre-approval process

27

Legally Speaking Four things to look for in your new home contract

31

Real Insight What buyers and sellers are saying about the months ahead

38

37

Western View Industry accomplishments at first in-person Industry gathering in two years

42 Real Estate Pro

Builder profiles 38

Fieldgate Homes Announcing new openings in Stouffville, Shelburne, North York and Ajax

40 Flato Homes First-time buyers benefit from new program at Edgewood Greens

48 Lucchetta Homes Lusso Urban Towns is Niagara’s newest hip community

A new home or condo for every lifestyle

DEPARTMENTS

12

Editor’s Note

43 Realty Insider

Ontario, yours to rediscover

13

HOMES Magazine Online

18

In The Spotlight GTA new home and condo prices hit record highs in February; more news on pages 20, 21 and 22

26 Inside The GTA 32

Special Report The Power Seat

COLUMNS

24 Home Realty The tax benefits of owning a rental property

Where is your down payment coming from?

66 Industry Report National Home Show returns in April

IN EVERY ISSUE

10

Contributors

44 North Region 47 Southwestern Region 54 Maps & Charts for new home communities 64 Index of Advertisers nexthome.ca 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

EDITOR-IN-CHIEF – GREATER TORONTO AREA

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

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

Rise Levy

CONTRIBUTORS

Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Michael Klassen, Barbara Lawlor, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES, NEXTHOME

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

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

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 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

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca 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.

DIRECTOR OF PRINT MEDIA

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 GRAPHIC DESIGNERS

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

Johannah Lorenzo, Jean Fay Rodriguez, Mike Terentiev

Published by

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HOMES Magazine | April 9–May 7, 2022

Copyright 2022 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time.

Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.

EDITOR’S NOTE

ONTARIO YOURS TO REDISCOVER

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

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

+ get social 12 HOMES Magazine | April 9–May 7, 2022

If you’re a long-time resident of Ontario, you know full well all the province has to offer, despite the current challenges presented by COVID, inflation, the political climate and other concerns.

If you’ve also been fortunate enough to be a homeowner here for years, and perhaps are now looking to downsize, relocate or buy a recreational property, you may be rediscovering Ontario. The appeal of cities, towns and small communities all over the province is undeniable; so, too, is the strength of its real estate markets.

Indeed, as our Special Report: The Power Seat and other content in this issue illustrates, Ontario is a star performer in Canada when it comes to real estate. Whether it’s the varied and growing markets in the Niagara Region – boasting, believe it or not, some of the strongest price growth in the province – or more traditional ones in and around the GTA, there doesn’t seem to be any signs of letting up.

ReMax Canada, in fact, forecasts over the next five years in Ontario and most of Canada, markets will not just remain stable, but will see continuing strong price growth.

Regardless of your demographic or homebuying plans, 2022 is somewhat more complicated by extraneous factors: The conflict in Europe, the effect of inflation on the prices of fuel, food and just about everything else, the pandemic…

For insights on their potential impact, our experts in The Power Seat offer some advice on how to navigate these issues, complete with hot lists of upcoming launches of new home projects for you to explore as you rediscover Ontario.

Interact with us on social media: nexthome

Catch up between issues at nexthome.ca and enjoy these popular stories

Q&A

NEW RELEASES

Fieldgate Homes announces limited releases in North York, Shelburne and Ajax Fieldgate Homes is now open for purchasing by virtual sales appointments at these featured communities across the GTA.

In Conversation With Mike P. Moffatt, Smart Prosperity Institute The Greater Toronto Area and Hamilton has dropped the ball on housing need forecasts.

Mike Moffatt offers his further insights on where governments, homebuilders and even buyers go from here.

HOUSING MARKET

NEW COMMUNITY

Braestone Estates – final chapter of Georgian Community has heart and soul in every home Braestone Estates is a unique community that tells a tale of connection with the land, with history and with each other – the hallmarks of every Georgian Communities home.

Building industry approves of housing affordability task force report It was a long time coming and rife with potentially controversial challenges, but the report from the Housing Affordability Task force is being met with early approvals from the industry.

INSIGHT MORTGAGES

4 factors to consider when looking for a mortgage – besides the interest rate Many people think that locking in a good interest rate is the best way to save money on your mortgage. However, it’s actually the features that will help you save the most money in the long run.

Visit or check us out on

@HOMESMagazineON

Data points to consider for buying a home during a housing shortage What data points should you consider when planning to buy a home during a housing shortage? Housing market consultant Ben Myers breaks it all down.

nexthome.ca @HOMESMagazine.Ontario

@homesmagazine nexthome.ca 13

COMING THIS SPRING. LIVE THE LIFE ™ IN OAKVILLE

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THE GREENWICH, BRANTHAVEN’S LATEST CONDOMINIUM IN THE MULTIPLE AWARD-WINNING OAKVILLAGE COMMUNITY. With its stunning architecture and engaging streetscape, The Greenwich is perfectly situated at the gateway to Uptown Oakville. Enjoy spacious one to three bedroom plans with generous balconies and Branthaven’s signature Fresh Thinking™ designer features and finishes included. The Greenwich’s sophisticated amenities and spectacular rooftop terrace provide exceptional living spaces to Live the Life™.

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We start with location. We let the land decide what our communities should look like.

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In the spotlIght

GTA NEW HOME AND CONDO PRICES HIT RECORD HIGHS IN FEBRUARY The GTA new home market saw another busy month in February, with benchmark prices for both singlefamily and condominium units hitting record highs in February, the Building Industry and Land Development Association (BILD) reports.

There were 3,630 total new home sales in February, which was 17 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.

Sales of new condominium units, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, with 3,048 units sold, were up 78 per cent from February 2021 and 67 per cent above the 10-year average. It was a new monthly high for condo sales for February.

New single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), accounted for 582 units sold in February, which was 54 per cent below the 10-year average.

The benchmark price for new condominium apartments was $1.17 million, up 13 per cent over the last 12 months, while the benchmark price for new single-family homes was $1.85 million, up 35.3 per cent.

“The steep increases in benchmark prices that we have seen over the last few years reflect our region’s critically low supply of new homes,” says Dave

Wilkes, BILD president and CEO. “If this trend continues unchecked, we are all going to feel the effects, as more and more families make the difficult choice to leave the GTA in search of housing and our region loses out on economic growth, jobs and tax revenues. Now is the time for all parties to come together and act decisively to address our housing supply and affordability crisis.”

“GTA benchmark new home prices set record highs in February in both the single-family and condominium apartment sectors,” adds Edward Jegg, manager of research consulting at Altus Analytics, Altus Group. “Low available inventory, particularly for

single-family homes, continues to exert upward pressure on prices.”

Single-family remaining inventory was at a record low of 546 units in February. Total remaining inventory rose slightly compared to the previous month, to 9,165 units, as several new condominium apartment projects opened that month. This still represented only three months of total 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.

February new home sales by munIcIpalIty regIon Durham Halton Peel Toronto York GTA

2022 467 329 377 1,579 296 3,048

hIghrIse 2021 56 397 122 852 284 1,711

2020 76 262 574 1,413 257 2,582

2022 136 118 48 48 232 582

lowrIse 2021 511 120 404 75 764 1,874

2020 489 391 313 18 1,087 2,298

2022 603 447 425 1,627 528 3,630

total 2021 567 517 526 927 1,048 3,585

2020 565 653 887 1,431 1,344 4,880 Source: AltuS Group

18 HOMES Magazine | April 9–May 7, 2022

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IN THE SPOTLIGHT

FIVE MORE YEARS OF STABILITY BUT ALSO HIGH PRICES: REMAX Housing markets in Canada over the next five years will be typified by stability but also continuing high prices, according to a new report from ReMax Canada, in partnership with CIBC Capital Markets and The Conference Board of Canada.

The first chapter of Unlocking the Future: A 5 Year Outlook, a series of reports in collaboration with relevant area experts to be issued over the next year, leverages specific “what if” scenarios related to economic policy decisions, climate change, the future of on-premise work and technology.

Chapter one examines economic scenarios across interest rates, immigration policy and taxation, in cooperation with Benjamin Tal, deputy chief economist, and Jamie Golombek, managing director, tax and estate planning, CIBC; and The Conference Board of Canada. The chapter concludes, with caveats, that despite economic headwinds, the Canadian housing market is more stable than many perceive and is likely to remain so over the next five years. Though residential prices will likely remain expensive, price growth may be less extreme than in the last three years.

“Extraordinary housing activity over the past two years has caused a great deal of uncertainty and anxiety among many Canadian homebuyers, sellers, and those who aspire to enter the market,” says Christopher Alexander, president ReMax Canada.

“To help ease some of the worries and concerns that come with today’s social and economic volatility, we wanted to give Canadians more longterm context and clarity – to be more informed – about their most precious possession and one of their most valued assets.”

The report, as well as the ones that follow, tries to provide something that will help Canadians take a longerterm view of their investments by

20 HOMES Magazine | April 9–May 7, 2022

taking into consideration possible hypothetical outcomes based on historical learnings, and current and near-future market conditions.

The intention, ReMax says, is to have Canadians come into this idea “sandbox,” without trying to predict the future.

“As a scenario-based exercise, chapter one also looks at the scenarios that could potentially ‘upset the applecart,’ should the Bank of Canada overreach in fighting inflation, politicians fail to tie immigration policy to our labour market needs, or our governments seek to rein-in deficits with aggressive new taxes,” Alexander adds. “While we anticipate it could be a stable five years ahead, it’s by no means assured.”

HIGHLIGHTS OF THE REPORT

• Interest rate increases at a reasonable schedule of four times a year would create a stable and more relaxed housing market over the next five years.

• Current immigration policy is focused significantly on accepting new Canadians on the basis of their economic and social capital characteristics (education, French/ English language skills and previous Canadian work or study experience).

However, the policy could be more clearly linked with national labour

market demands, especially relating to construction trades, potentially addressing housing supply issues driven by skill shortages.

• While the deployment of taxes such as the foreign buyers’ tax has been front and centre over the last few years as a tactic to calm Canada’s housing prices, removing the exemption on capital gains for principal residences could have a greater impact on market disruption.

The report also notes that over the next five years, Canadians say taxation (50 per cent), rising interest rates (46 per cent), and the possibility of an economic recession (42 per cent) rank as their top three worries when it comes to buying a home.

Thinking ahead five years, 37 per cent of Canadians say their preferred community would be suburban, while 30 per cent want to live in an urban environment, and 27 per cent say rural.

While 61 per cent of Canadians agree that real estate is the best longterm investment they could make (which they don’t see changing over the next five years), rising propertyrelated taxes (64 per cent), rising interest rates (58 per cent) and a possible capital gains tax (55 per cent) are factors that would cause barriers or concerns when it comes to buying a home in that time frame.

In the spotlIght

GTA BUILDERS AMONG THE FINALISTS AT 2022 CHBA NATIONAL AWARDS FOR HOUSING EXCELLENCE GTA homebuilders are among the finalists for the Canadian Home Builders’ Association’s (CHBA) 2022 CHBA National Awards for Housing Excellence.

The annual competition recognizes the best in Canadian new homes, home renovations, community development and residential marketing. This year a record-setting 800 entries were submitted from eight different provinces, showcasing a variety of housing types, from large cities and small towns.

Forty-eight awards for excellence in housing will be presented on May 13. For a complete list of finalists, visit chba.ca/housingawards.

Best long vIdeo

Armour Heights Development, Richmond Hill – The Hill on Bayview, with U31 Design Brookfield Residential, Toronto – Drawn Home Tridel and Pureblink, Toronto – The Dupont, with Gladstone Media and U31 Design Best InterIor decorAtIng (model/show home)

Best prInt Ad

Altree Developments and Gladstone Media, Toronto – Forest Hill Private Residences, with Graziani + Corazza Architects Inc. and U31

gtA fInAlIsts Include: Best vIrtuAl tour experIence Best sIgnAge

Collecdev and Montana Steele Advertising, Toronto – Cielo Condos Best Brochure/KIt

Acorn Developments and Gladstone Media, Toronto – Sincerely, Acorn, with VA3 Design and GCB Interiors Architecture Inc. Cortel Group and Impact North Inc., Vaughan – Abeja District, with Quadrangle StateView Homes, Toronto – The Enclave, with 52 Pick-up Inc. Best dIgItAl AdvertIsIng cAmpAIgn

Branthaven Homes, Burlington – The Fifty, with Roc Media Inc. Camrost Felcorp Inc. and Gladstone Media, Toronto – EX3, with IBI Group Collecdev and Montana Steele Advertising, Toronto – Cielo Condos Cortel Group and Impact North Inc., Vaughan – Abeja District, with Quadrangle

Geranium, Markham – Courts of Canterbury, with Builder Insight Group Inc. and RN Design ELAD Canada and Pureblink, Toronto – Galleria on the Park, with DesignAgency Tridel and Aareas Interactive Inc., Downsview – Westerly Condos Virtual Scale Model Best sAles offIce

Aoyuan International, Toronto – M2M Community, with Figure3 ELAD Canada, Toronto – Galleria, with U31 Reid’s Heritage Homes and Calibrex Developments, Cambridge – Lackner Ridge Rosehaven Homes, Oakville – The Vincent Best short vIdeo

Menkes Developments, Toronto – ADAGIO, with The Brand Factory Treasure Hill Homes, Vaughan – McMichael Estates, with 52 Pick-up Inc.

Altree Developments, Toronto – Forest Hill Private Residences, with U31 Kylemore, Markham – Kennedy Manors, with The Brand Factory Best BrAndIng And IdentIty

Acorn Developments and Gladstone Media Inc., Toronto – Sincerely, Acorn, with VA3 and GCB Interior Architecture Inc. Branthaven Homes, Burlington – Upper West Side Condos 2 (UWSC2), with Kirkor Architects & Planners Camrost Felcorp Inc. and Gladstone Media Inc., Toronto – EX3, with IBI Group RioCan Real Estate Investment Trust and Gladstone Media Inc., Toronto – VERGE Rosehaven Homes, Oakville – The Vincent, with McOuat Partnership Best mId- to hIghrIse BuIldIng (plAnned)

Armour Heights Developments, Toronto – 89 Avenue Yorkville Branthaven Homes, Burlington – Upper West Side Condos 2 (UWSC2), with II BY IV Design and Kirkor Architects & Planners Modern Skyline Corp., Toronto – Modern Skyline, 160 Trafalgar, with Figure3 Rosehaven Homes, Oakville – The Vincent, with McOuat Partnership nexthome.ca 21

IN THE SPOTLIGHT

WHAT TO EXPECT AT THE 2022 NATIONAL HOME SHOW After spending so much time looking at the same four walls, there’s never been a better time for Canadians to think about renovating and making the most out of their home. The National Home Show, presented by ReMax, is back to help attendees realize the potential of their space. The 10-day event takes place April 15 to 24, 2022 at Toronto’s Enercare Centre.

Whether looking for the perfect contractor to complete a dream renovation, or the expertise to finally tackle that DIY that’s been on your bucket list for ages, the National Home Show has the inspiration, advice and hands-on experiences to get your space working for you.

“It’s that time of year when homeowners start to consider a refresh of their space, and with all the challenges we’ve endured over these past few years, it’s clear most homes may need more than a simple new coat of paint,” says Denise Hayward, show manager.

“Lifestyles have changed, so whether it’s working from home, or carving out a study space, a home gym or an entertainment lounge, our homes need to work for our lifestyles indoors and out. It’s time to create your space your way and The National Home Show has the info, trends and advice you need to make that happen, regardless of size or budget.”

With small businesses being hit hard by the pandemic, the National Home Show has introduced Shop Small, presented by RBC Royal Bank.

The new space will feature local small businesses from Toronto and the GTA – all selected because they enrich and reflect their communities.

Attendees can meet, browse, shop and connect with local makers, as well as hear their stories.

The National Home Show will also help attendees prep for summer, with a new Outdoor Kitchen Stage featuring live cooking

22 HOMES Magazine | April 9–May 7, 2022

demonstrations, wine pairings, mixology seminars and everything needed to make entertaining at home a breeze. Hear from numerous experts, experience hands-on demonstrations, and can sign up for workshops to learn the best shortcuts for grilling, and charcuterie boards.

Making its debut at the National Home Show, My LivABLE Home explores the design movement dedicated to extending independent living for as long as possible, not just for seniors, but for everybody. This feature area, led by designer Linda Kafka of Livable Canada, integrates thoughtful design, best practices and improved solutions for homes that reflect ageless functionality, accessibility and wellness.

Also new in 2022, showgoers can take learning to a whole new level with a new Workshop series.

Attendees will have the opportunity to get more in-depth and hands-on in a more intimate setting, with a variety of experts and brands.

Making its debut at The National Home Show this year, the Natur-C

Dream Home, designed by Bonneville Homes, is set to wow attendees. With work and personal spaces blurred due to the pandemic, this 1,600-sq.ft., single-storey, coastal-inspired design includes spaces that promote a healthy work-life balance, including nine-ft. wood ceilings with exposed structural beams above the common living areas.

Have a design dilemma? Get the advice needed with one-onone, free 15-minute consultations with design experts at Design Intervention, presented by RENO & DECOR Magazine, or visit Destination Renovation, presented by RenoMark to speak with a RenoMark Renovator before your next renovation. There are also plenty of opportunities to get hands-on in DIY Centre to get the basics down before starting any DIY project, and you can even try your hand at wiring an electrical circuit, plumbing, or even bricklaying with the Skilled Trades Showcase.

For more information, visit torontohomeshows.com.

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ADVICE | HomE REAlty

THE TAX BENEFITS OF OWNING A RENTAL PROPERTY

DEbbIE COsIC

This time of year, it’s impossible to avoid thinking about income tax.

Savvy investors understand that a diversified portfolio is usually key to making money, and many are turning to real estate to round out their initiatives. It’s the old “don’t put all your eggs in one basket” philosophy.

Owning a rental property can be a stable and lucrative practice for numerous reasons. For one, wise investors know that putting their funds into a property that will increase in value over time is important, and in today’s market, that’s pretty much a given. Relatively speaking, even with current prices, if you can eventually sell at a higher price, then you are buying “low.”

Real estate is also easy to get into if you have the down payment. Everyone understands owning a property, as opposed to buying stocks, RRSPs and mutual funds, which in essence, represent owning something on paper.

Banks also realize that owners of rental properties enlist renters to pay their mortgage debt and earn equity, so are eager to lend money to potential landlords. Of course, the best scenario is that rental income exceeds your mortgage payment on the property plus related expenses – making it cash-flow positive. With the average rent in Toronto hovering around $1,900, that’s an achievable goal.

For a smart investment, it is important to understand all the parameters that come along with renting out your property, including the tax implications. Canada Revenue

24

HOMES Magazine | April 9–May 7, 2022

VOYA

Agency offers guides to taxation for owners of rental property at canada. ca, and they are well worth consulting if you are considering real estate investment, either on your own or with a co-owner(s). These guides cover everything from determining whether the income you earn is considered rental or business income, to what you can and cannot deduct.

For example, you can write off related expenses such as interest and bank charges, repairs and maintenance, advertising, management and administration fees, travel costs and property taxes, to name just a few. You cannot deduct land transfer taxes, utilities paid by you, mortgage or loan principal repayments, penalties shown on your notice of assessment or reassessment, or the value of your own personal labour.

You must also be realistic about the work involved in bookkeeping, property maintenance and dealing with renters. Every province has its own regulatory body that protects

the rights of tenants and outlines the responsibilities of landlords. You can find the Ontario rules at ontario.ca.

Overall, real estate is considered a relatively safe investment in everchanging economic conditions, especially when it rounds out a wellthought-out financial portfolio. As with all real estate purchases, the more equipped you are with information, the more likely you are to make a wise deal. Do your homework, play by the rules, deduct what you can and pay your fair share of taxes – and owning a rental property may be the best move you ever make.

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

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ADVICE | PERSONAL FINANCE

WHAT YOU NEED TO KNOW ABOUT THE MORTGAGE PRE-APPROVAL PROCESS IN CANADA

From starting your home search to qualifying for a mortgage, buying your first home can feel daunting. To reduce some of the stress, mortgage pre-approval is a great way to kickstart the homebuying process.

help you budget and account for any other household expenses, including closing costs and carrying costs.

A common mistake many buyers make is forgetting to factor these additional costs into their initial budget, often leaving them in a financial bind down the road. Preapproval encourages buyers to capture all the unforeseen costs and plan better from the start so there’s no surprises.

WHAT IS MORTGAGE PRE-APPROVAL?

PROTECT YOURSELF FROM RISING INTEREST RATES

In simple terms, a mortgage preapproval is a commitment your lender makes to hold a rate and a mortgage product for up to 120 days. If you buy a home within that period, a preapproval can turn into a mortgage approval, pending certain conditions are met. Getting pre-approved means your lender has reviewed your credit history, employment income and other key factors to verify your financial stability and conditionally approve your eligibility for a mortgage. Essentially, lenders do this to get a better sense of your level of risk as a borrower to determine whether they should provide you a mortgage loan.

As previously mentioned, your lender will hold your initial interest rate for a 120-day period when you get pre-approved. This saves you from unpredictable rate increases and guarantees that you’ll receive the initial agreed upon rate at the time of your pre-approval. This also gives buyers the ability to make a purchase without rushing or delaying the transaction.

Currently in Canada, we’re seeing interest rates rise for the first time since 2020, with the expectation that further increases are possible. If you are planning to buy in 2022, getting pre-approved is a smart move to ensure you’re locking in a mortgage at a favourable rate.

JESSE ABRAMS

GET INSIGHT INTO YOUR HOME AFFORDABILITY

Getting pre-approved sets the record straight on what you can afford from the get-go. It saves time and helps to guide your home search so that you’re shopping in neighbourhoods you can actually afford to buy in. It also manages your expectations and doesn’t put you in a position where you’re going to overspend. Based on what your down payment is, it can

MOVE ONE STEP CLOSER TO FINAL APPROVAL

It’s important to remember that preapprovals are conditional and never 100 per cent promised. If you fail to maintain the requirements set by your lender, you can be denied final mortgage approval. To ensure that you meet all of your lender’s criteria, it’s recommended to avoid: • Making large purchases on credit

• Applying for new credit • Leaving or switching your job • Failing to respond to lender requests • Agreeing to co-sign a loan Avoiding these mistakes will make the mortgage process easier and bring you one step closer to becoming a homeowner.

HOW DO YOU GET PRE-APPROVED FOR A MORTGAGE IN CANADA?

If you’re thinking about getting preapproved for a mortgage, the first step would be to head to a mortgage company that can help. They should be able to walk you through the process, explain all the steps involved and get you pre-approved in a matter of days. At Homewise, we’ve brought the entire mortgage process online – and made it simple, quick and free.

After understanding your financial situation and long-term goals, our team of dedicated mortgage advisors work with more than 30 banks and lenders to find you the best options available in the market so you can lock in a mortgage that aligns with your needs.

As a first-time homebuyer, the mortgage process can appear to be complex – but it doesn’t have to be.

The key is to educate yourself on what’s involved so that you can be fully prepared and confident in the journey ahead.

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

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nexthome.ca 25

#InsidetheGTA

by SUSAN LEGGE

GTA

LAKEVIEW VILLAGE

LAKEVIEW VILLAGE in Mississauga was recently awarded the Award of Excellence in Sustainable Development at the 2022 National Urban Design Awards. The jury commended the project, recognizing its meaningful and long-standing commitment to sustainability. The brownfield site, which is located just east of Lakeshore Road and Cawthra Road on the site of the former Lakeview Generating Station, will soon be home to Canada’s first “15-minute city” – a connected, environmentally conscious and socially responsible community.

This transformative 177-acre revitalization project will revolutionize the way people live, visit and experience the waterfront through its thoughtful design and curated collection of housing, retail, office and recreational programming. mylakeviewvillage.com Andrew Brethour appointed to Abraham Global Peace Initiative board of governors The Abraham Global Peace Initiative (AGPI) has appointed PMA Brethour Executive Chairman, Andrew Brethour, to its Board of Governors.

The Abraham Global Peace Initiative is the voice for the oppressed and all who call out for freedom, democracy and human rights. Its exclusive purpose is to contribute and advance the moral and ethical development of the community, work to preserve human life and 26 HOMES Magazine | April 9–May 7, 2022

uphold the administration and enforcement of Canadian law in all this entails.

“I am deeply honoured to be appointed to AGPI’s Board of Governors,” says Brethour.

“AGPI is a leading Canadian advocacy organization, and I am humbled to play a small part in their fight to uphold and advance human rights globally.” agpiworld.com

ADVICE | LEGALLY SPEAKING

FOUR THINGS TO LOOK FOR IN YOUR NEW HOME CONTRACT JAYSON SCHWARZ, LLM and HAMZA AHMAD, JD

The length of a pre-construction contract will leave you reminiscing about the complications in Lord of the Rings. Schedules, addendums and page-long paragraphs can leave any reader feeling overwhelmed.

Here’s a guide to four important things to watch out for and make sure you understand.

1. IS IT ASSIGNABLE?

Your closing date will likely be years away, so consider that circumstances change, unforeseen events occur, and your position in life might change so much that as closing approaches, you may not wish – nor be able – to close.

An assignable contract will help you sleep better at night, because if life throws you a curveball, you can hit it right back by assigning your contract to a new buyer who can step into your shoes. If the market is anything like the last few years, you might even end up with some profit from the assignment.

If your contract is not assignable, you may have no choice but to close – and that will mean closing costs, builder’s adjustments, occupancy fees and mortgage approvals, and more cash down.

Review the assignment clause in your agreement. Not all assignment clauses are the same; some may require builder consent and approval, some may require that a significant

fee is paid, and some may have other restrictions attached.

to understand your rights as well as the builder’s.

2. EARLY TERMINATION CONDITIONS

4. COOLING OFF PERIODS

We’ve all heard the stories about projects being cancelled, and buyers facing the choice of having to pay more for their new home, or have their deposits returned.

Builders cannot cancel your contract for any reason, but they may do so if they cannot meet certain listed conditions in your contract, such as meeting a sales threshold or obtaining their own financing for construction.

Being informed may not prevent your contract from being cancelled, but you will be aware of important deadlines and the reasons for which your builder can cancel the project. Most of this information is contained in the Tarion Addendum that is attached to your agreement.

It is important that you read this and understand all your rights.

3. DELAYED CLOSING TIMELINE

Your closing is scheduled for, let’s say, 2025. It’s worth it, you tell yourself as you think about the next few years.

COVID slowed everything. What if your closing is delayed to 2026, 2028 or 2030? Highrise projects can be delayed a long time. Construction can be complicated, and your contract may allow your builder to delay the closing for several years to deal with those complexities.

In lowrise construction, there may be material shortages or other legitimate reasons for delay. Again, refer to your Tarion Addendum

New home purchase contracts are exceptionally long and complicated.

Condominium contracts come complete with a Disclosure Statement that can be extremely complex. You want to ensure that you are protected and informed, so taking it to an experienced lawyer for their review should be your next step. Reread articles, such as the ones on our website, speak to others who have purchased both types of products, and focus on the things that are important.

Condominiums have a 10-day cooling off period that provides you a right in law to rescind the contract, if your expectations are not met.

Freehold purchases, on the other hand, are firm when you sign and you must close – unless you insert a conditional clause.

The best advice we can give you is to invest in a review with a knowledgeable professional to advise you. It may be the best investment you ever made. Remember, you are spending a large amount of money.

Do not scrimp in ensuring it is the right investment.

Jayson Schwarz, LLM, is managing partner of Schwarz Law Partners LLP. Hamza Ahmad, JD, is lead partner in residential real estate. schwarzlaw.ca, info@schwarzlaw.ca

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nexthome.ca 27

COVER STORY

STATEVIEW’S TESORO COLLECTION TREASURE OF LUXURY HOMES COMING SOON TO KLEINBURG VILLAGE Coming soon to the rolling hills, meandering rivers and lush forests of Kleinburg is The Tesoro Collection, StateView Homes’ limited release of just 12 heritageinspired estate style homes. The name Tesoro is appropriate for this community as the word means “treasure” in Spanish and Italian, and with spacious 50-ft. homes on a private cul-de-sac surrounded by greenspace and wooded grounds, this collection is set to be the true gem of Kleinburg.

28 HOMES Magazine | April 9–May 7, 2022

With the community located just a short three-minute walk from downtown Kleinburg, homeowners can indulge in the village’s unique mix of small-town charm and classy sophistication. Enjoy fine dining experiences at upscale Avenue Cibi E Vini, The Doctor’s House, Belsito Trattoria or Villagio Ristorante just minutes from your door. Take a leisurely 15-minute stroll to BinderTwine Park or tee off at Copper Creek Golf Club, just five minutes from home. Tour The McMichael Canadian Art Collection or simply soak in

the natural beauty of the surrounding area that has inspired artists for so many years.

Highly sought-after Kleinburg is a culturally vibrant heritage village that carries with it a certain cachet, and by design, Tesoro upholds that prestige. Gracious exteriors that blend seamlessly with their surroundings frame remarkably well-crafted interiors with the contemporary elements that enable today’s families to thrive. Measuring in at more than 4,000 sq. ft., these estate homes will offer spacious four-bedroom designs and five-bedroom options, and in addition, a 3,000-plus-sq.-ft. bungaloft plan is available for convenient ground-floor living.

These refined modern retreats feature soaring 10-ft. ceiling heights on the main floor with the option for truly magnificent 12-ft. heights, and nine-ft. ceilings on the second floor. These luxurious homes also include a variety of other convenient benefits (as per plan) such as private elevators to every level of the home, mud rooms with a walk-in closet, a walk-in pantry off the kitchen, private den, second-floor laundry and walk-in closets in all bedrooms, to name just a few highlights.

Luxury abounds at The Tesoro Collection, with standard features such as a majestic double-sided fireplace separating the dining room and Great Room, and fivein. hardwood floors. Homeowners who like to flex their culinary skills will adore the oversize gourmet kitchens, with dream features such as Wolf and Sub-Zero appliances, built-in pantries, granite or quartz countertops and expansive islands up to eight by six ft. Decadent primary ensuites will provide a relaxing retreat and pamper with granite or quartz countertops and a deep freestanding

soaker tub. Among the other luxurious appointments throughout the home will be smooth ceilings throughout, elegant oak stairs, coffered ceilings, double-height and Palladian windows, and more (as per plan).

In keeping with today’s enlightened and savvy homebuyers, StateView provides the Comfort Plus Package designed to improve the life of homeowners by helping with maintenance, security and home efficiency. These features include a central Smart Home Automation Hub with touchscreen at the entrance to the home, a smart door lock on the inside garage door leading to the home, a smart lighting control, one smart water leak sensor, one preconstruction homeowner design consultation, a customer service training session and a personal appointment with a qualified technical contractor to explain and coordinate any additional technology requested.

29

In addition, StateView’s Harmony Package includes features and finishes that save energy, conserve water, help lower monthly bills and ensure these homes are built from sustainable, ethically sourced materials that promote an eco-friendly lifestyle. Homeowners will enjoy enhanced comfort and peace of mind from a reduced environmental footprint. The icing on the StateView cake is the company’s iCare program, which ensures an enduring commitment from all levels of the company to performing for its homeowners with Integrity, Commitment, Accountability, Responsibility and Experience.

Multi award-winning StateView Homes’ tagline “Live Inspired” is realized in every one of its neighbourhoods.

For more than 10 years, StateView has provided old-world craftsmanship, forward-thinking architecture and design, open-minded innovation, superior customer service and philanthropy. Giving back to the greater community is as important as creating new home communities. One example is the company’s ongoing support of Toronto’s Hospital for Sick Children (SickKids). StateView has been supporting fundraising efforts for the hospital since the firm was founded in 2009, and has since donated more than $800,000 to help fund important research and construction at the hospital.

Last year, StateView also began supporting Mission Stadiums for Multiple Sclerosis (MS4MS), a non-profit organization dedicated to raising awareness of the disease and funding research. The company’s Director of Sales, Julian Uccello, is the inspiration for StateView’s involvement. Uccello was a pro soccer player in Italy until 30 HOMES Magazine | April 9–May 7, 2022

he was diagnosed with MS in 2011. Today, he is the Lead Soccer MS Warrior Ambassador for MS4MS. With more than $100,000 raised for the organization, fundraising efforts go toward helping the families of loved ones who have the disease, and to the advancement of research at Johns Hopkins Project Restore MS Research Center, in the hopes of one day finding a cure.

The Tesoro Collection is the culmination of StateView’s experience in creating superb homes and communities.

Priced from $3 million, there are just a dozen of these estate-style 50-ft. homes available. To “Live Inspired” with StateView Homes at The Tesoro Collection, reserve your opportunity today at stateviewhomes.com.

ADVICE | REAL INSIGHT

WHAT BUYERS AND SELLERS ARE SAYING ABOUT THE MONTHS AHEAD

JASON MERCER

The latest consumer buying and selling intentions are in. Each year, TRREB and Ipsos poll GTA residents to gauge consumer sentiment on the housing market, including buying and selling intentions in the upcoming year.

GTA overall. When we drill down a bit deeper, we see that while there were fewer prospective first-time buyers in the suburban regions surrounding the city of Toronto, the number of intending first-timers actually increased year-over-year in the 416 area code. Stronger first-time buyer intentions in Toronto will continue to support a resurgent condo market.

The bottom line is that those who are looking to buy a home will do so in 2022. However, some may put their decision on hold, partially due to higher borrowing costs.

next four months. This is down one point from last year and four points from 2020. A high number also shared they wouldn’t consider selling because they are satisfied with their current home. The poll also found that moving costs, land transfer taxes, and mortgage qualification rules will also prevent new homes from hitting the market. This means the supply of listings will remain constrained in 2022, resulting in continued competition between buyers and very strong upward pressure on home prices.

HOMEOWNERS STAYING PUT

DISCOVER MORE DRIVERS

On the supply side of the market, results showed fewer homeowners are likely to sell. Overall, 35 per cent of homeowners who took the survey said they would consider selling in the

AND TRENDS

BUYERS REMAIN STEADY

The number of buyers who said they were very likely to purchase a home in 2022 was similar to results from 2021. But, when it comes to first-time buyers, their intentions to take the plunge into the market dipped for the

If you’re interested in delving deeper into the latest buying and selling intentions, discover TRREB’s 2022 Market Outlook & 2021 Year in Review report. Inside, you can uncover more trends in the new home, condo and commercial markets. Or, explore the digital digest for sought-after takeaways, plus access the full report.

You can also visit trreb.ca to 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. trreb.ca

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nexthome.ca 31

SPECIAL REPORT | THE POWER SEAT

SPRINGING INTO SUMMER HOW TO PREPARE FOR A HOT – AND POSSIBLY EXTENDED – BUSY SEASON

by WAYNE KARL

Ah, spring… when temperatures rise, flowers bloom and the real estate market explodes in a frenzy. And this year, we have the added complications of a lingering pandemic, interest rates on the rise, uncertainty due to the conflict in Europe, ongoing supply and demand issues, and growing concern over affordability.

Despite it all, some economists and other sources expect the Ontario economy to continue humming along, and that the usually hot spring housing market might extend into summer.

It’s a lot to digest. Who could blame prospective homebuyers if they were feeling a little unsure?

“With the volatile state of the world right now, which has been furthered by the suffering from the war overseas, rising inflation and economic levers being pulled by governments to increase interest rates, it leads many potential homebuyers to question if now is the time to buy a home,” Jesse Abrams, co-founder and CEO of Homewise, a Toronto-based mortgage advisory and brokerage firm, told HOMES Magazine.

“When volatility like this happens in the market, it’s often one of the best times to look for a home, because many others decide to wait on the sidelines,” he adds. “This often leads to lower competition and more inventory on the market to choose from. We are already starting to see signs of home prices flattening out, and new government policies.

So, we could be looking at a very interesting time for potential homebuyers to enter the market and finally buy the home they have been dreaming of.”

To help make sense of such factors, and how buyers can best prepare, we’ve enlisted a select group of homebuying experts to share their insights. (Visit nexthome.ca for the full story.)

32 HOMES Magazine | April 9–May 7, 2022

THE HOT LIST

NEATT CONDOMINIUMS Condominium Milton

By Neatt Communities neatcommunities.com RED OAKS Detached luxury homes Richmond Hill

By Trinity Point trinitypoint.com

JOSEPH BOZZO

Partner Spectrum Realty Services Inc., Brokerage Vaughan, Ont. spectrumrealtyservices.com

RIVER RIDGE Detached luxury homes Aurora

By Lindvest lindvest.com TAG Townhomes Newmarket

By Andrin Homes andrinhomes.com

BE READY TO PULL THE TRIGGER

MARK COHEN

Managing Partner TCS Marketing Systems Toronto tcsms.ca

Don’t get caught up in the hysteria. Ensure that the purchase you A key place to start is are prepared to make to ensure you are living is sustainable, and within your means and within your financial be open to purchasing means. Too many outside of your number people are shooting one desired community. for the max with our We are now in a current historically low period where rate hikes interest rates. Mortgage are inevitable. The real rates are on the rise, so estate market, be it preremember to plan for construction or resale that “what if” scenario. within, will experience It’s important to be its ups and downs over flexible as to where you time, but the trajectory wish to purchase and will always continue to be on the upside. An influx of live. We all aspire to call The Annex, Leaside new immigrants, nextgeneration purchasers and or The Kingsway our limited supply will continue home, but Toronto and to sustain price points, and the Hamilton area have so many other great most likely cause upward neighbourhoods. pressure on prices.

PREPARE AND BE FLEXIBLE

Upcoming new home and condo launches

The flurry of the GTA spring market has been well documented, and demand continues to outpace supply in 2022.

Prices continue to rise, and interest rates are beginning to inch up, as well.

The past two years have been marred by uncertainty, but if you are looking to buy, now is the time. Buying a home is one of the biggest decisions a person will make, and there are a few important things to do in advance. Do your research, get your financing in place, and keep an open mind.

If you are determined to get into the market, you have to act fast.

Research what you want

in a home, what area and amenities are important to you, and know your financial position.

While many turn to the “bank of mom and dad” for assistance in making their first home purchase, there are several options available to new-home buyers. It is important to be armed with all the information to make sure you are ready when it is time to sign.

Keep an open mind. If you want a detached home, consider searching in up-and-coming neighbourhoods. If you are looking for a condo with more space, maybe consider markets outside the core. The key is to be ready to pull the trigger.

THE HOT LIST Upcoming new home and condo launches BRONTE LAKESIDE Condominium Oakville

By Alliance United brontelakeside.ca DEBUT CONDOS Condominium Barrie

By Silverberg Real Estate Inc. debutcondos.com MONZA CONDOS Condominium Toronto

By The Benvenuto Group monzacondo.com ROSSMONT GREEN Condominium Whitby

By Star Residence rossmont.ca

nexthome.ca 33

THE HOT LIST

BUY AND WAIT –

Upcoming new home and condo launches

DON’T WAIT TO BUY

THE DEANE CONDOS Condominium Oakville

By Rise Developments thedeane.com THE GREENWICH Condominium Oakville

By Branthaven branthaven.com

DEBBIE COSIC

Founder and CEO In2ition Realty Mississauga in2ition.ca

VERDE LIVING Condominium Kitchener

By JD Developments verdeliving.ca

We hear continually about new home supply lagging behind demand in the GTA and beyond in Ontario. Even with recent government initiatives to ease the situation, things will not change in the near future. Anyone thinking of getting into the new home market is wise to act now, while interest rates are still very low. Yes, prices have risen dramatically over the past decade, but people are still finding ways to buy.

We’re in the spring market now, which is typically a hot time in real estate. People are pulling out all the stops to afford down payments, including using some of their RRSP savings,

welcomed 250,000 ECONOMIC AND POLITICAL INDICATORS new Canadians every

R. SCOTT DAVIE

President Broker of Record Davie Real Estate Inc. davierealestateinc.com

34 HOMES Magazine | April 9–May 7, 2022

Timing is everything.

With prices rising and elevated inflation, the simple answer is – buy as soon as you are ready.

The deeper answer has to do with economic and political factors, and historical data.

Political uncertainty in Ukraine creates a pause in consumer confidence, and a rise in interest rates exacerbates that hesitation.

The market is being driven by an imbalance between the number of new Canadians coming to Canada, and the amount of zoned land available to build. Before the current government took power, Canada

year. The GTA, where 60 per cent of the newly arriving Canadians typically call home, could not keep up with the demand for new homes and condos.

This imbalance driving supply and demand and pushing prices skyward is destined to become much stronger as the federal government plans to welcome more than 400,000 new Canadians in 2022, and in the following years.

The message is simple.

Buy now, because in the near future, we will not be able to afford to buy the same size new home and condo in the same location.

co-purchasing and even receiving financial gifts from their parents to help.

Keep an eye out for what we call up-and-coming neighbourhoods, meaning areas that are just now developing with amenities and transportation. Get in early if you can for the optimum prices.

If you are working from home and will continue to do so, you can look farther afield for your new home or condominium, where prices are likely to be lower. Lastly, be realistic about what you can afford, and remember that today’s condominium suites are beautifully designed to make use of every square foot. You may not need as big a space as you think.

My advice is to buy and wait – don’t wait to buy.

THE HOT LIST Upcoming new home and condo launches BRISTOL PLACE Condominium Main and Queen, Brampton

By Solmar Development Corp. solmar.ca BRISTOL PLACE TOWER 2 Condominium Main and Queen, Brampton

By Solmar Development Corp. solmar.ca ORO, AT EDGE TOWERS Condominium Hurontario and Burnhamthorpe, Mississauga

By Solmar Development Corp. solmar.ca

THE HOT LIST

LACKNER RIDGE CONDOMINIUMS Midrise condominium Kitchener

By Reid’s Heritage Homes reidsheritagehomes.com SPLENDOUR Freehold townhomes, semis and detached homes Niagara Falls

By Mountainview Building Group mountainview.com

MICHAEL KLASSEN

Broker of Record & Partner Eleven Eleven Realty Services Toronto 1111realty.ca

ST. CLAIR WEST Midrise Condominium St. Clair Avenue, Toronto

By Kultura Development livekultura.com

to buy when you find something that fits your My advice for prospective needs and pocketbook.

If a single-family home new-home buyers is no different now from what is out of your price range it has been for years: Buy for now, getting into the market sooner rather than new and buy now. Even though interest rates have later is more important than waiting. Prices inched up, they are still will not go down in the historically low. There foreseeable future, and is no telling how long these attractive rates will once you own a home or condo, equity begins to last. The best approach build. This opens a world is to go into home of opportunity for your shopping prepared. future housing needs.

Knowing where you Watch for upcoming stand financially is the product launches of first consideration. Get interest and get yourself pre-approved for a mortgage, and then start on registration lists right away. Pull out all your shopping. Spring the stops; check into is typically a hot season for real estate, and many government programs to help with your down experts are saying this payment. You can year will be busier than become a homeowner – ever. It is important to it will be one of the best do your homework and steps you’ll ever take. jump at the opportunity PULL OUT ALL THE STOPS

BARBARA LAWLOR

CEO Baker Real Estate Inc. Toronto baker-re.com

your new home or condo shopping. Once you’ve narrowed down where My advice for prospective new-home and the type of home buyers is to be prepared you want, the key is to get access to whatever to act quickly when a great opportunity arises. inventory developers are In this hot market, there’s offering.

Doing your homework not much time to hem ahead of time is more and haw over whether important now than ever to buy. Being prepared before. That includes means many things. initiating follow-up with First, know how much the builder or your listing you can afford. If you brokerage, to make sure are a first-time buyer, you’re still top of mind get pre-approved for a when new inventory mortgage. If you have launches. Realize a property to sell, look that even with slight realistically at what you may get for that and plan mortgage rate increases, today’s rates are still appropriately. You need an idea of what you can historically low. Buy now, and lock into these rates comfortably afford. and today’s prices before Of course, location is paramount when you do we see them rise again.

BE PREPARED, ACT QUICKLY

Upcoming new home and condo launches

THE HOT LIST Upcoming new home and condo launches CELESTE CONDOMINIUMS Condominium Richmond and George Streets, Toronto

By Alterra and Diamond Corp. celeste.ca M.CITY 5 Condominium Mississauga

By Rogers Real Estate Development and Urban Capital mcitycondos.com THE DAWES Condominium Dawes Road, Danforth Village, Toronto

By Marlin Spring thedawes.com

nexthome.ca 35

THE HOT LIST

BUY NOW, THEN LOOK BACK

Upcoming new home and condo launches DEERHURST CONDOS Condominium Huntsville

By Freed Developments freeddevelopments.com MUSKOKA BAY Detached homes Gravenhurst

By Freed Developments freeddevelopments.com MUSKOKA BAY VILLAS Villas Gravenhurst

By Freed Developments freeddevelopments.com

HERSH LITVACK

Broker of Record Hersh Realty Group Inc. Brokerage Toronto hersh.ca

THE FIFTH AT CHARISMA Condominium Vaughan

By Greenpark Group greenparkgroup.ca

PREPARATION AND INFORMED PURCHASING

CHRISTOPHER MARKOVIC

CEO PMA Brethour Markham, Ont. pmabrethour.com

36 HOMES Magazine | April 9–May 7, 2022

With all areas of the country experiencing heated market conditions in recent months, it can be very easy to get caught up in the frenzy if illprepared. To avoid costly missteps, it is important to step back and do your homework before heading out to buy your brand-new home.

Before you begin to narrow your target communities and make virtual sales appointments, step back and reflect. Make a list of the need to haves versus the nice to haves.

Think about what style home works for you, and create a journal of features you really want in your new home.

What may seem expensive today may turn out to be the ultimate housing bargain. As we emerge from the pandemic, housing prices will continue to rise through 2022, and the initial hike in interest rates will have little or no effect on slowing the market.

Further increases in price will be eminent, as the industry deals with new legislation requiring builders to allocate a certain percentage of their developments to affordable housing initiatives. These costs will inevitably

Reach out to your bank and have a meaningful conversation about your budget and homebuying goals. More and more developers and homebuilders are requiring a firm mortgage approval and commitment when you sign your agreement (or shortly after).

Remember, not only does the home have to be within your budget, but you are also buying into the new neighbourhood.

Do your research: Are there schools already in the area? Is it close by to family and area activities? Does the community offer the amenities you need and want? Consider all these factors so you can avoid outgrowing your new home too fast.

be passed on to consumers, increasing the overall price per sq. ft. throughout the GTA. It’s called Inclusionary Zoning.

This spring, purchasers should take advantage of the very low mortgage rates, ranging from sevenyear fixed for 2.97 per cent, to variable rates of 1.24 per cent.

There is a truth I have come to grips with in the real estate industry.

It doesn’t matter when you buy real estate. The day you buy it, it always seems expensive. It’s only when you look back that you realize how well you did.

THE HOT LIST Upcoming new home and condo launches COUNTRYLANE Towns and singles Whitby

By Andrin Homes andrinhomes.com HOMEWARD HILLS Singles and townhomes Oshawa

By Sorbara Group of Companies sorbara.com MIRABELLA CONDOS Condominium Toronto

By Mirabella Development Corp. mirabella.ca S2 PRIVATE RESIDENCES Condominium Mississauga

By United Lands s2condos.ca

ADVICE | WESTERN VIEW

WEHBA CELEBRATES INDUSTRY ACCOMPLISHMENTS AT FIRST IN-PERSON GATHERING IN TWO YEARS MIKE COLLINS-WILLIAMS

More than 320 leaders from the home building and construction industries recently attended the West End Home Builders’ Association (WEHBA) Annual Industry Luncheon. After two years of small get togethers and virtual experiences, guests were pleased to be back in person for one of the largest events in the industry.

Keynote Speaker, The Honourable Steve Clark, Minister of Municipal Affairs and Housing, delivered strong remarks about all levels of government needing to take coordinated action to address the housing crisis. “We need to make it easier and less expensive to build all types of housing faster, so that hard-working Ontarians can find a home that meets their needs and budget. It’s crucial that all levels of government take coordinated, prohousing action to make it easier for all Ontarians to find the home that’s right for them.”

Three weeks after the Ontario government introduced several initiatives to accelerate the construction of new homes and increase supply and affordability options, Clark highlighted the urgent need to identify and implement additional measures to address the housing supply crisis.

“We know Ontario is the best place to live, start a business, and raise a family,” Clark said. “But we can only build on our progress if all hardworking Ontarians are able to find a home they can afford. Once the ink was dry on More Homes,

More Choice, I was hard at work planning for our second housing supply action plan because we know there is no silver bullet to the housing crisis.”

WEHBA President Bianca Bruzzese also addressed the assembly, and delivered updates on the association’s growth and transformation over the past two years. “Our membership has thrived. Corporate support from our partners is greater than ever. And we have seen significant growth and diversification within our builder member group, providing an excellent representation of the homes that our members build for this community and the homes that buyers aspire to purchase.”

Bruzzese also discussed the housing supply crisis and the importance of providing a safe and accessible community for our children and generations to come.

“We, as an association, want to collaborate with all stakeholders and all levels of government to provide attainable housing options for home buyers today and for generations to come. We need to build 1.5 million homes over the next 10 years. So, let’s work together to get it done.”

Every year during the Industry Luncheon, the West End Home Builders’ Association recognizes a distinguished member, by inducting them into the Association’s Hall of Fame. The WEHBA Hall of Fame was instituted in 1990 for the purpose of recognizing those members who have historically made outstanding and lasting contributions to the Association, the community or the industry. The 2022 Inductee, Diane Murray, made history as the first woman to be inducted into the WEHBA Hall of Fame. Murray, who

Steve Clark

served as a board member between 2002 and 2004, and also served for many years on the executive of the Ontario Home Builders’ Association (OHBA), is also the recipient of multiple association awards.

This year, the West End Home Builders’ Association is also celebrating the 80th anniversary of its founding in 1942. WEHBA was formed in a time period when new home growth in the Hamilton-Halton region exploded and the need for a professional association that would establish high standards for new homebuilding was prominent.

This year, in the midst of one of the gravest housing crisis the province has ever seen, WEHBA has been working closely with Industry partners and the provincial government to provide more housing attainability and choice.

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

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BUILDER PROFILE

FIELDGATE HOMES ANNOUNCES NEW RELEASES IN STOUFFVILLE, NORTH YORK, SHELBURNE, AJAX & WHITBY Fieldgate Homes is now open for purchasing by virtual sales appointments across the GTA. You can connect with them by phone,

38 HOMES Magazine | April 9–May 7, 2022

video chat or email for a secure and convenient homebuying experience.

Its teams are waiting to help you find your perfect Fieldgate home. Explore these featured communities and contact Fieldgate today!

and country charm from an ideal neigbourhood located close to Markham, Hwys. 404 and 407, and the Stouffville GO Station.

STOUFFVILLE: CITYSIDE

NORTH YORK: KENNETH & HOLMES

Grand Opening – new release of 36and 40-ft. singles Make your dream home come true in an incredible community setting, just moments from Stouffville’s best amenities, with the Grand Opening of Cityside Phase 3. Featuring a new release of 36- and 40-ft. singles, embrace city sophistication

Move-in ready townhomes available now Make the most of your opportunity to own in the heart of North York with move-in ready townhomes, each with two parking spaces included, now available at Kenneth & Holmes. With this limited release of contemporary urban towns, live steps from Yonge

Register now at fieldgatehomes.com.

and Finch in an intimate residential enclave connected to everything that matters.

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

AJAX: ATOWNS

The Park Collection now open – urban townhomes from $1.1 million This is the final release of stunning urban townhomes at the aTowns Park Collection in Ajax. At Bayly Street and Salem Road, discover new family-sized residences backing onto open greenspace, a series of parkettes, sports court, and more, all connected by winding walking trails weaved throughout. Better still, live surrounded by modern amenities mere moments to Lake Ontario.

Get the most out of Ajax’s bustling downtown area and enjoy great shopping, tasteful dining, convenient GO Transit, easy access to Hwy. 401 and so much more, all nearby.

Register now at fieldgatehomes.com.

SHELBURNE: EMERALD CROSSING

Now open by virtual appointment only – 36- and 40-ft. singles from $1.7 millon The new release at Emerald Crossing is now open, meaning now’s the time to discover a beautiful country landscape surrounded by every modern convenience imaginable, in Shelburne’s most anticipated new home community.

Enjoy a collection of 36- and 40-ft. singles available now, just minutes from big brand outlets, remarkable restaurants, breathtaking greenspaces, ski hills, golf courses, and so much more. Shelburne has been Canada’s second-fastest growing municipality, so there’s no better time to get in on its best new home opportunity.

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

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

Register now at fieldgatehomes.com.

Register now at fieldgatehomes.com.

PICKERING: SEATON IMPRESSIONS: NEW KLEINBURG

Coming soon – new release of freehold townhomes New Kleinburg is a community of inspired family residences in a beautiful setting just moments from the heart of historic Kleinburg. With the future Hwy. 427 extension just minutes away, a new community school and excellent urban amenities close at hand, life in Kleinburg has never been more convenient.

Coming soon, discover a remarkable collection of expansive townhome designs in this beautiful masterplanned community.

Register now at fieldgatehomes.com.

Register now at fieldgatehomes.com.

WEST WHITBY: WHITBY MEADOWS

NORTH OSHAWA: DREAMSCAPE

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

Register for the next release of townhomes, 30-, 36- and 42-ft. detached singles

Register for the next release of freehold townhomes Discover a serene natural landscape and the convenience of incredible big city amenities at Seaton by Fieldgate Homes.

Contemporary modern living arrives at the crossroads between old and new, offering a remarkable collection of freehold two-car garage towns in a skillfully designed community setting. This new community truly has something for everyone, with Pickering Town Centre, sparkling Lake Ontario, shopping, greenspaces, restaurants, Toronto’s eastern border and so much more just minutes away.

Seaton by Fieldgate Homes is temporarily sold out, so register at fieldgatehomes.com to be notified the next release. nexthome.ca 39

BUILDER PROFILE | DUNDALK

EDGEWOOD GREENS YOUR FIRST TIME BUYING IS SIMPLY EASIER WITH FLATO The GTA housing market continues to defy gravity, with prices going up and no sign of them coming down.

Housing affordability has long been a challenge in this red-hot market, and the effect of the pandemic plus the rising cost of living have only made the issue more pronounced.

For new-home builders, the cost of materials is also at an all-time high. However, these won’t stop Flato from developing ways to assist its customers in buying a new home, with greater affordability and flexible payment plans.

While today’s market might be accessible to those who already have built up equity in an existing home, saving for a down payment is a difficult task for first-time buyers. It’s a concern at Flato Developments, which is why the company has come up with an innovative first-time homebuyer’s program at its Edgewood Greens community in Dundalk to specifically address this issue.

40

HOMES Magazine | April 9–May 7, 2022

The overall framework of the firsttime homebuyer’s incentive involves you needing to invest less money upfront and making gradual, bitesized payments up till the time of possession, to keep that hard-earned money in your savings account longer. Flato will also be offering

cash back at multiple junctures in the process, providing buyers extra cash infusions that can be used toward some of your future down payments.

The bottom line is that Flato wants to see happy and comfortable homebuyers living easily in its master-planned Edgewood Greens

community. Located just a short drive north of Brampton, the Village of Dundalk is a quaint and quiet community filled with worlds of possibility. It’s a place that brings back that family-friendly vibe experienced generations ago, when children could ride their bikes to a friend’s house and knock on the front door for them to come out and play; and where neighbours greet one another by their first names and stop for a chat because you can always make time for a good friend.

At Edgewood Greens, families are treated to big homes on larger lots, so there’s always room to kick a ball around or throw a frisbee in the backyard. A unique hidden gem, here you can enjoy greater value for a smaller price – with spacious homes up to 4,000 sq. ft. Many firsttime visitors to Dundalk are pleased to see how much the village has to offer. Groceries and hardware stores, charming cafes and restaurants, and the obligatory Tim Hortons are all within easy distance from Edgewood Greens. The village also boasts an energizing array of lifestyle amenities, including soccer fields and baseball diamonds, a community arena and swimming pool, lush parklands and forests, and walking and biking trails.

Flato has a long and distinguished history of building within Dundalk, and has been instrumental in the village’s successful family-friendly atmosphere.

In addition to Edgewood Greens, the company has introduced Carriage House, a master-planned community of townhomes and detached homes; and Edgewood Suites, an innovative adult lifestyle community.

Conveniently close to Edgewood Greens, Flato is also developing Edgewood Plaza, which will further support Dundalk’s retail tapestry.

Proof that Flato is deeply invested in the communities in which it builds, the company recently donated $1 million to Dundalk to build the South East Grey Community Health Centre, a stateof-the-art interdisciplinary health clinic that will provide primary care, mental health, social and home care

services to residents of Grey and Bruce Counties.

“Building communities is more than just building homes,” says Shakir Rehmatullah, president and founder of Flato Developments.

“We see this (donation) as an extension of building complete communities and are proud to help found the new health clinic that will deliver expanded services

to the residents of Dundalk and nearby communities.”

To learn more about the firsttime homebuyer incentive in Edgewood Greens, contact Christine Brayford (christineb@ronanrealty. com, 705.435.8698), or Sabina Morell (sabina@therealedge.com, 416.433.2141) to book an appointment at the sales office in Beeton. nexthome.ca 41

ADVICE | REAL ESTATE PRO

A NEW HOME OR CONDO

FOR EVERY LIFESTYLE BARBARA lAWlOR

“Home” means something different to everyone. Many new homebuyers opt for a condominium for the sheer convenience it offers, with exterior maintenance and the cleaning and upkeep of shared amenities handled for them. It means immersing themselves in vibrant, bustling urban surroundings, just a walk or quick bus or subway ride to local amenities.

They enjoy walking out of their private cocoon into an animated street life, with shoppers and diners hurrying to their destinations. For others, home refers to a house on a spacious country lot with room for a playset and a pool. They may choose a large single-family home with back and front yards where they can garden to their heart’s content. Still others prefer suburbia, where kids can ride their bikes along familiar streets to play with their friends. The great news is that nowadays, across Toronto and the GTA, you can find an array of new homes and condos that fit just about any lifestyle.

Then consider design. Some buyers prefer the clean lines of modern styling; others gravitate to the more traditional or contemporary.

Again, you will find a wide variety of architectural designs and interior layouts. Look around at what looks like “home” to you. When you purchase new, as long as you buy early in the selling cycle, you also have the opportunity to select the features and finishes that extend that feeling to your immediate surroundings.

42 HOMES Magazine | April 9–May 7, 2022

The Georgian

I know that today’s prices are high, but I still suggest buying as much new home as your wallet will allow. This goes for both investors and endusers. Investors want to appeal to as broad a spectrum as possible when it comes to renters. If you plan to live in your new home, remember that someday you or someone will sell it, so you also want to appeal to the broadest market possible.

So, what does this mean when you shop? As an example, if you are looking at a condo, the price between a one-bedroom and one-bedroom plus den is likely fairly small. If you are able, go for the plan with the den, which can someday be someone’s office, studio or nursery. Think about it from the eyes of future potential purchasers. Think about location, as well. New homes and condos in up-and-coming areas that are more financially feasible right now are sure to increase in value once the surroundings are built up, with shopping and other amenities. By all means, shop according to what will

fit best with your commute, but think about others, as well. Is public transit and/or access to highways nearby?

How about schools for families with children? Proximity to medical care will be important to seniors, so if that is your target market, how close is the nearest hospital or clinic?

When you look at new homes and condos, by all means search for the perfect idea of “home” to you. And for the future, give a thought to who else might want to purchase it someday.

Regardless, in the long run, real estate will likely be the best investment you ever make.

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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ADVICE | REALTY INSIDER

THE DOWN PAYMENT WHERE IS YOURS COMING FROM?

MICHAEL KLASSEN

With the January 2022 Altus Group statistics for the Greater Toronto Area showing the benchmark price of a new single-family home sitting at $1.77 million, and of a new condominium at $1.15 million, you have to wonder how so many people are affording down payments of up to 20 per cent.

Nowadays, down payments are as much as homes used to cost a few decades ago. Of course, many purchasers still use traditional methods, such as saving over long periods of time or using the equity they’ve earned on an existing house to buy a new one. Some people are co-purchasing to make the deposit and mortgage more affordable for those involved. First-time buyers can also take advantage of government programs that help, such as Canada’s Home Buyers’ Plan, which enables them to draw up to $35,000 from their RRSPs toward their purchase.

Another avenue for buyers is to receive financial help in the form of gifts from their parents, and that practice is trending today in more ways than one. In October 2021, CIBC issued an Economics in Focus report that said about 30 per cent of first-time buyers (up 10 per cent from 2015) and slightly less than nine per cent of existing homeowners received financial help from their families during the previous year. Across Canada, the average amount firsttime buyers received was $82,000 (up from $52,000 in 2015), and the average gift to move-up buyers reached $128,000 in September 2021.

Of course, those are averages. In fact, during the first three quarters of 2021, the average gift to first-time buyers in Toronto was more than $130,000, and to move-up buyers nearly $200,000. In Vancouver, those figures were $180,000 and $340,000, respectively.

According to Benjamin Tal, CIBC’s deputy chief economist, overall, this financial gifting amounted to a whopping $10 billion in Canada, representing 10 per cent of total down payments. At least two-thirds of first-time buyers who received help reported that it was the primary source of their down payments.

So, how are parents finding all this money to help their kids?

Surprisingly, only 5.5 per cent of the helping parents are going into debt to do so. A substantial percentage of them are drawing from their savings for those gifts – savings that grew quite a bit during the pandemic, when Canadians weren’t traveling and using up disposable income as usual. There are billions of dollars that would normally be in circulation but aren’t because of people staying

home and curbing spending. Another approach some parents are taking is to release money that would eventually be considered part of their children’s inheritance. The number of parents co-signing for mortgages has increased as well.

Combined with ongoing low mortgage interest rates, this trend is making it financially feasible for more Canadians to get into and move up in the real estate market.

Remember that many gifting parents paid double-digit mortgage rates during the late 1980s and early 1990s, so they see an optimum window of opportunity for their kids to tap into our current low rates. It will be interesting to see how this trend plays out in the long run, but for now, it’s a lifeline for would-be buyers.

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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HOMES MAGAZINE

NORTH REGION FEATURING PROFILES OF NORTH REGION ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF GEORGIAN COMMUNITIES. FOR MORE INFORMATION SEE PAGES 16-17.

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach 44

HOMES Magazine | April 9–May 7, 2022

RIVERSIDE LIVING Classic, award-winning designs with modern finishes in Angus Ontario.

Understated & elegant, Riverside Living is an urban escape, tucked in among protected green space. The comfort of city amenities with the serenity of a country getaway is right at your doorstep. Modern country living at its best.

Prices starting from mid $1.3 MM Spacious 50' lots ENERGY STAR Certified Homes 90 minutes from Toronto 30 minutes from Wasaga Beach Steps away from Nottawasaga River & Pine River Sales Team Amanda Parent amanda@sandiego-homes.ca 705-436-5445 x. 107

Debbie Quadros debbie@sandiego-homes.ca 705-436-5445 x. 109

16 Bank St. Angus, ON | www.sandiego-homes.ca @sandiego.homes.inc

HOMES MAGAZINE

SOUTHWEST REGION FEATURING PROFILES OF SOUTHWESTERN ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF LUCCHETTA HOMES. FOR MORE INFORMATION SEE PAGE 50.

Brantford • Burlington • Cambridge • Georgetown • Guelph Halton Hills • Hamilton • Kitchener-Waterloo • Milton Niagara • Oakville • Stoney Creek • And Surrounding Areas nexthome.ca 47

BUILDER PROFILE | ST. CATHARINES

Lusso Urban Towns

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 crafted homes and award-winning communities throughout the Niagara Region since 1960. Lucchetta Homes is relentless in its pursuit of “legendary luxury,” a standard they insist upon for each and every home they build.

Lusso will continue that tradition.

“Our passion is evident in each beautifully designed home, with stunning quality features, in awardwinning developments. At Lucchetta, we not only build exceptional 48 HOMES Magazine | April 9–May 7, 2022

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 Hwy. 406, these beautiful homes are near all amenities, including schools, 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. Our 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.

Hunter’s Pointe

HUNTER’S POINTE

Another Lucchetta community is the award-winning and highly successful The Residences at Hunter’s Pointe.

This is an active adult, 55 plus, lifestyle community, located in a truly unique

setting along the Welland Canal in the heart of the Niagara Region.

Rich with activities and amenities, the residences at Hunter’s Pointe is ideal for independent adults who value a vibrant social and physical

Loving the Lusso lifestyle

lifestyle. Open-concept bungalows are loaded with Lucchetta Homes’ architectural elements, upgraded finishes, over-sized windows, and striking design features.

Lucchetta Homes will be releasing a New Phase in their exclusive collection of luxury homes this fall. You can choose any one of a number of stunning detached bungalow or bungalow townhome floorplans ranging in size from 1405 to 1734 sq. ft.

Overlooking the Canal, residents here often relax while ships meander slowly towards their destination. With its landscape dotted by wineries, world renowned Niagara Falls, casinos, spas, marinas, spectacular dining, golf courses and trails for walking or cycling, Hunter’s Pointe is the perfect destination for those seeking to live life to the fullest, without compromising the conveniences of modern living.

For further information visit lucchettahomes.com. For a personal appointment call, text or e-mail Paul Snack. 416.605.3885 lussosales@lucchettahomes.com

nexthome.ca 49

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

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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

52 HOMES Magazine | April 9–May 7, 2022

CUSTOMER SERVICE

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 Impressions ..................................................... Hwy. 27 & Major McKenzie Dr. W. ........................................ fieldgatehomes.com

30.

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

31.

Kleinburg .......................................The Tesoro Collection ............................................ 410 Chrislea Rd. .......................................................................stateviewhomes.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 | April 9–May 7, 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.

North York .....................................Kenneth & Holmes .................................................. Kenneth & Holmes ........................................................................fieldgatehomes.ca

42.

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

43.

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

HOT PROPERTIES | GREATER TORONTO AREA

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MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca 57

HOT PROPERTIES | OUT OF TOWN EAST

FIND YOUR NEXT HOME L

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Cameron in the Out of Town East Area to keep your eye on The latest properties

h

erso n

La k

e Dr

MAP wy W

1.

2.

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 | April 9–May 7, 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

2 15

16

9

6 11

14

1

8

4

CARTOGRAPHY: MARKETMAPS.COM

7

12 13 3 10

MAP 1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

LOCATION

SITE

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

Get the inside scoop Subscribe to our newsletter Visit https://nexthome.ca/newsletter

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.

Grimsby..........................................Century Condos ....................................................... Main St. East & Baker Rd. South ............................................. desantishomes.com

7.

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

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 | April 9–May 7, 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 | April 9–May 7, 2022

81 31

Mississauga

32

30

63 57

51 55 65 66

56

52

64 Oakville 54

58 64

53

MAPS Burlington

7

39 46 6

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

nexthome.ca 63

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64 HOMES Magazine | April 9–May 7, 2022

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ADVICE | INDUSTRY REPORT

NATIONAL HOME SHOW RETURNS IN APRIL

DAVE WILKES

The National Home Show is back!

What a pleasure it is to write those words after the last two challenging years, when the pandemic forced us to cancel this annual showcase of home design, renovation and construction. The 2022 National Home Show, presented by ReMax, will take place April 15 to 24 at the Enercare Centre in Toronto. The event will abide by all public health recommendations to keep consumers and vendors safe.

In addition to hosting more than 500 exhibitors, the show will bring back many of its popular features, including Design Intervention, the DIY Centre and the Dream Home

by Bonneville Homes. The lineup of fantastic speakers on the Main Stage will include Scott McGillivray and Debra Salmoni from HGTV’s Vacation House Rules, gardening expert Carson Arthur, and designers Kate Davidson and Diana Rose.

An exciting event taking place on April 22 will be a celebration of the winners of BILD’s 2022 Renovation & Custom Home Awards, which recognize RenoMark renovators and custom homebuilders for outstanding design, customer service and industry leadership. We recently announced the finalists in 23 categories. In the category of Renovator of the Year, the finalists are Golden Bee Homes, Lifestyles by Barons, Master Edge Homes and The Finishers Toronto Renovations, while in the category of Custom Home Builder of the Year, the finalists are Golden Bee Homes and

66 HOMES Magazine | April 9–May 7, 2022

Luxor Homes. For a full list of finalists, visit renoawards.ca.

Many of the finalists and winners will be among the RenoMark renovators exhibiting at the Home Show. You will recognize them by the RenoMark symbol in front of their booths. These renovation professionals, all of whom have committed to RenoMark’s renovation-specific code of conduct, will be happy to answer any questions you may have about your next renovation. The RenoMark Code of Conduct gives homeowners peace of mind, as it requires renovators to offer a minimum one-year warranty on all work, carry a minimum of $2 million in liability insurance and provide a detailed written contract.

You can also meet RenoMark renovators at the Destination

Renovation exhibit, where they will be offering free 15-minute renovation consultations. Make the most of your time by bringing pictures and floorplans.

We look forward to welcoming you back to the National Home Show. Get your ticket now at nationalhomeshow.com.

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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