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• Surrounded by rich organic farmland, small-town charm and natural beauty
• Pickleball, golf, trails and conservation areas just minutes away
• Prime southwestern Ontario location: 10 minutes to the 401 and 20 minutes to Stratford
• So much more to come in Phase II — launching in spring 2025
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Nick Pope
Sales Representative
REVEL Realty Inc., Brokerage nickpope@revelrealty.ca
m 519-807-1757 | o 519-206-9555
WELLNESS-INSPIRED LIVING IN GEORGETOWN.
Remington Homes is thrilled to make their return to Georgetown, embodying the ethos of the community with their latest development, Juniper Gate. Nestled in the quaint town, this enclave of newly designed bungalows, bungalofts, and townhomes will seamlessly blend high-end style with
the idyllic, natural surroundings of the Niagara Escarpment. From new families looking for their perfect first home, to empty nesters looking for a quieter pace of living, Juniper Gate has something for everyone, at every stage of life.
CONTENTS
LUCCHETTA HOMES
BUILDING DREAM HOMES AND ENHANCING ACTIVE ADULT LIVING IN NIAGARA
DEPARTMENTS
8 Editor’s Note
More good news for housing
9 Contributors
10 In the Spotlight Industry applauds federal Housing Plan; more news on pages 11, 12 and 13
14 Active Life online
Catch up between issues at nexthome.ca
40 Maps & Amenity Charts
COLUMNS
19 Western View
Housing Summit discusses government-industry cooperation
20 Simply Tech
Upgrade your TV sound experience with ZVOX AV355 sound bar
22 In the Garden
Fine-tune your tools for a better lawn and garden
24 Legally Speaking
What is a Power of Attorney and what should it include?
25 Personal Finance
3 unexpected expenses to consider when buying a home
26 Home Realty
How transit impacts property values
28 Real Estate Pro TRESA a win-win for the real estate industry
32 TRREB Report
The social impact of housing unaffordability
38 Big Style
Why live in a townhome or condo?
50 Industry Report
Now is the time to start planning your renovation
FEATURES
16 Lucchetta Homes
Building dream homes and enhancing active adult living in Niagara
30 Mariposa Homes
Discover coastal living on Lake Huron
34 Silvergate Homes Lakeside living at Harbourtown Village in Fort Erie
36 Eco Homes
The Village Farm offers a building standard you won’t find elsewhere
MORE GOOD NEWS
FOR HOUSING
WAYNE KARL EDITOR-IN-CHIEF Active Life MagazineEMAIL: wayne.karl@nexthome.ca
TWITTER: @WayneKarl
We hesitate to sound like a broken record, but once again, good news for new homes and the housing industry overall bears repeating.
Last issue we highlighted the positive developments that were finally taking place in real estate. As early as February, we could see there was relief on the horizon for housing supply, interest rates, inflation, government policy and other issues that had been causes for concern.
In anticipation of spring, usually “busy season” in real estate, there was a growing number of reasons to feel optimistic. A pause in interest rate hikes from the Bank of Canada (BoC) – and anticipation of a drop as early as spring – and growing pent-up demand, signaled that homebuying conditions were becoming increasingly favourable.
Now, a number of sources are reporting very positive results. Royal LePage says the aggregate price of homes in the GTA rose 5.2 per cent year-over-year in the first quarter of 2024, and 4.8 per cent on a quarterly basis – including 1.4-per-cent growth in Toronto year-over-year. Even better, the realty firm forecasts GTA home prices to rise 10 per cent in the fourth quarter.
In terms of housing policy, both the provincial and federal government have announced major programs to address the housing supply shortage –including a highly anticipated Housing Plan that Ottawa included in Budget 2024.
One caution, perhaps, came from the Bank of Canada’s latest interest rate announcement on April 10, when BoC again held its overnight rate at five per cent.
With no announcement scheduled for May, this sets the stage for June 5, for what many experts believe will be the Bank’s first rate cut since its last hike in July 2023.
By then, we could well be deep into a frothing housing market in the GTA and elsewhere in Ontario, with new and resale home sales and prices returning to healthier levels.
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PERSONAL FINANCE | JESSE ABRAMS
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
WESTERN VIEW | MIKE COLLINS-WILLIAMS
Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.
HOME REALTY | DEBBIE COSIC
Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca
GARDENING | BEN AND MARK CULLEN
Mark Cullen is a Member of the Order of Canada, and provides gardening advice to more than two million Canadians each week. Ben Cullen’s specialty is food gardening. markcullen.com; Facebook @MarkCullenGardening and Pinterest @MarkCullenGardening.
TECH | GREG GAZIN
Greg Gazin is a syndicated tech columnist, blogger, podcaster, and contributes to canoe.com, Troy Media and Active Life magazine. gadgetguy.ca
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
BIG STYLE, SMALL SPACES | LISA ROGERS
Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com.
LEGALLY SPEAKING | JASON SCHWARZ
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.
INDUSTRY REPORT | DAVE WILKES
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.
SENIOR VICE-PRESIDENT, SALES, NEXTHOME
Hope McLarnon 416.708.7987 hope.mclarnon@nexthome.ca
DIRECTOR OF SALES, ONTARIO, NEXTHOME
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EDITOR-IN-CHIEF – GREATER TORONTO AREA
Wayne Karl wayne.karl@nexthome.ca
CONTRIBUTORS
Jesse Abrams, Mike Collins-Williams, Ben and Mark Cullen, Debbie Cosic, Greg Gazin, Barbara Lawlor, Linda Mazur, Lisa Rogers, Jayson Schwarz, Dave Wilkes
EXECUTIVE MEDIA CONSULTANTS
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INDUSTRY APPLAUDS FEDERAL HOUSING PLAN ANNOUNCEMENT
The Building Industry and Land Development Association (BILD) applauds the federal government for its recent housing supportive announcement and notes that the top-up of $400 million to the Housing Accelerate Fund and $6 billion for a new Housing Infrastructure Fund is exactly what is needed to support housing all Canadians.
“Challenges surrounding existing infrastructure and building new infrastructure, particularly water and waste-water, have created significant development bottlenecks in the Greater Toronto Area,” says Dave Wilkes, president and CEO of BILD. “This commitment by the federal government to invest in critical infrastructure is vital to unlocking housing supply to meet Canada’s rapidly growing population, enabling more homes to be built and will help address the housing affordability crisis.”
The conditions in the federal government’s announcement that municipalities must commit to implementing a three-year freeze on increasing development charges will also assist in further addressing affordability. For years, BILD had been signaling that increasing development charges are contributing significantly to affordability challenges for new owners. Added costs from fees, taxes and charges from all levels of government, add 25 per cent to the cost of an average single-family home in the GTA, and are therefore driving up housing costs. Freezing development charges will stop the upward trajectory of these costs and provide relief to new-home buyers.
BILD says it has urged all levels of government to prioritize investing the critical infrastructure that is needed to get shovels in the ground to build new homes to meet the ever-increasing demand. Coupled
with the provincial government’s housing infrastructure investment announcement in late March, BILD acknowledges the tremendous commitment from the federal and provincial governments to enhancing housing-supportive infrastructure, particularly water and wastewater. It is exactly this type of support and infrastructure that is needed to meet Ontario’s housing objective of building 1.5 million homes by 2031.
BILD says it looks forward to learning about additional measures to address housing supply and affordability, as further details of the federal government’s Housing Plan are released.
On the resale side, the Toronto Regional Real Estate Board (TRREB) calls Canada’s Housing Plan is a historic commitment to addressing the housing crisis that is projected to unlock 3.87 million new homes by 2031.
TRREB is among the industry voices calling for governments to step up and make it easier to build more homes people can afford in the Greater Golden Horseshoe. Canada’s Housing Plan delivers funding and support that will help provinces and local governments
end exclusionary zoning, freeze development charges, and build housing enabling infrastructure.
“TRREB is pleased to see that Canada’s Housing Plan commits to helping future homebuyers achieve their dreams through extending mortgage amortizations for firsttime home buyers and increasing the home buyers’ plan withdrawal limit to $60,000 for an individual or $120,000 for couples,” says Jennifer Pearce, TRREB president. “These are important changes that will help keep the dream of homeownership within reach for individuals and families.”
TREBB says it also welcomes the plan’s commitment to provide funding to build affordable rental units that meet everyone’s needs, including students and seniors, as well as leveraging under-utilized public lands to increase housing supply across the country.
TRREB says it encourages all levels of government to take a “Team Canada” approach to solving our housing affordability crisis.
“Finding an affordable place to call home cannot be a partisan issue that divides us,” says Pearce. “We must unite to meet this historic housing challenge.”
GTA TO LEAD THE WAY IN 2024 HOME PRICE GROWTH: ROYAL LEPAGE
Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9.0 per cent in the fourth quarter of 2024, compared to the same period last year – with the Greater Toronto Area among the leaders in growth.
According to the latest Royal LePage House Price Survey, the aggregate price of a home in Canada increased 4.3 per cent yearover-year to $812,100 in the first quarter of 2024.
On a quarter-over-quarter basis, the national aggregate home price increased 2.9 per cent, an indication that sidelined buyers are rebooting their real estate purchase plans ahead of expected interest rate cuts.
“Consistent with our previous forecast, the market did reach a critical tipping point in the first quarter of 2024, when home prices bottomed out and began to appreciate again,” says Phil Soper, president and CEO, Royal LePage. “Clearly, more and more buyers are motivated by the need to get ahead of rising home prices, rather than adopting the strategy of waiting for mortgage rates to fall.”
Within the first months of the new year, the Canadian housing market has already recorded solid price appreciation and higher sales activity. Starting in July of 2023, the Bank of Canada has held rates steady through six review periods. This has prompted many homebuyers to come off the sidelines in advance of what they expect will be a more competitive spring market that will drive home prices higher.
“Many consumers – particularly first-time buyers – who have the capacity to transact have accepted and adapted to the higher borrowing cost environment. Thus, the modestly-rising home prices we are experiencing today,” Soper says. “Once the central bank does
make a move, and that first highlyanticipated cut to rates is made, even if it is only by 25 basis points, I expect we will see the price appreciation curve steepen upwards when the highly rate-focused crowd jumps into the market.”
The Royal LePage National House Price Composite shows the national median price of a single-family detached home increased 4.5 per cent year-over-year to $845,300, while condominiums grew 3.5 per cent to $591,900. On a quarterover-quarter basis, the median price of a single-family detached home increased 3.6 per cent, while condominiums rose 1.4 per cent.
“Given the strong start to 2024, the cadence of the market for the balance of the year points to a normally busy spring market that will lead into an uncomfortably busy fall. It is clear we are rapidly transitioning away from a buyers’ market and back to an environment where the seller has the upper hand,” notes Soper.
The aggregate price of a home in the greater regions of Toronto and Montreal are forecast to increase 10 per cent and 8.5 per cent yearover-year, respectively, in the fourth quarter of 2024, outpacing price gains in the city of Calgary, which was previously expected to see the greatest increase in home values this year.
GTA HIGHLIGHTS
The aggregate price of a home in the GTA increased 5.2 per cent yearover-year to $1.17 million in the first quarter of 2024. On a quarterly basis, the aggregate price of a home in the GTA rose 4.8 per cent.
Broken out by housing type, the median price of a singlefamily detached home increased 3.9 per cent year-over-year to $1.45 million in the first quarter of 2024, while condominiums rose 3.7 per cent to $733,600.
“The first three months of the year were busier than expected in Toronto and the surrounding regions,” says Karen Yolevski, chief operating officer, Royal LePage Real Estate Services Ltd. “Warm winter weather and the anticipation of tight competition once the Bank of Canada reverses course on part of its steep interest rate hike campaign have prompted some buyers who had been sidelined last year to reenter the market with a renewed sense of purpose.”
In Toronto, the aggregate price of a home increased 1.4 per cent yearover-year to $1.16 million in the first quarter of 2024. During the same period, the median price of a singlefamily detached home increased 3.1 per cent to $1.70 million, while condominiums rose 1.3 per cent to $714,900.
TRREB PRAISES NEW ONTARIO BUDGET FOR ADDRESSING AFFORDABILITY
The Toronto Regional Real Estate Board (TRREB) praises the new Ontario budget, saying it provides key supports to address housing affordability crisis in the province.
Lack of housing affordability in Ontario is leaving individuals and families on the sidelines of the Canadian dream of homeownership, TRREB says. To reverse this trend, governments must prioritize bold policy changes that will speed up the building of thousands of new homes.
“The release of the 2024 Ontario Budget provides critical support to the province’s effort to save the Canadian dream of homeownership,” says Jennifer
Pearce, TRREB president. “Ontario is moving ahead with critical funding to connect developable land to water, sewer and other housing enabling infrastructure. This infrastructure funding will unlock thousands of new homes across the Greater Toronto Area.”
Pearce says the province is also following TRREB’s advice to go all-in on modular housing. Modular homes are built quickly and are a cost-effective option that will help Ontario meet its housing supply targets. The budget signals the province’s strong commitment to using modular housing and more innovative technologies to help solve the housing affordability crisis.
TRREB has worked with the Ford government and the Ontario real estate industry to introduce five pieces of legislation, including More Homes, More Choice; More Homes Built Faster; Affordable Homes and Good Jobs; Helping Homebuyers Protecting Tenants ; and Strong Mayors Build Homes
Each of these Acts have cut red tape and streamlined approvals to ensure the Greater Golden Horseshoe can meet the housing supply targets.
“We will continue to take action and work with policymakers to ensure homeownership and rental properties are affordable in our region for future generations,” says Pearce.
LUXURY MARKET SET FOR SURGE IN SPRING
Homebuying activity in most luxury markets across the country is slowly shifting into high gear, as buyers reap the benefits of softer housing values, according to a new report from ReMax Canada.
The company’s 2024 Spotlight on Luxury Report examined luxury home-buying activity in 10 markets across the country in the first two months of the year and found that, despite a disconnect between buyers looking for deals and sellers’ price expectations, almost all regions reported a strong start to the year. Ninety per cent of markets experienced an increase in high-end sales, with more than two-thirds recording double-digit growth. Toronto and London reported increases of 14.4 per cent and 9.4 per cent respectively.
“While figures remain off peak levels reported during COVID, the upswing in luxury sales
signals a return to overall health in the country’s major centres,” says ReMax Canada President Christopher Alexander. “The ripple effect is already underway, with stronger homebuying activity at lower price points pushing sales into the upper end. In some cities where inventory levels are particularly challenging at the lower end, multiple offers have returned with a vengeance. While that isn’t the case at the top end, pent-up demand does exist, and activity is gaining momentum.”
Condominiums have been a popular option this year, despite single-detached homes comprising the lion’s share of luxury sales. Condo activity was strongest in Metro Vancouver, where sales climbed close to 70 per cent in the first two months of the year (27 versus 16). Solid condo activity at the high-end price points was
also reported in London, fuelled by empty nesters and retirees, and in Ottawa and Montreal.
GREATER TORONTO AREA
The GTA luxury market has sprung back to life in the first two months of the year, with home sales above the $5-million price point leading the way. Thirty-two freehold and condominium properties changed hands between Jan. 1 and Feb. 29, up 77 per cent from the 18 sales reported during the same period in 2023. Of the 32 properties sold for more than $5 million to date, 17 sales occurred in the 416, while 15 were in the 905.
Interest rates remain the greatest roadblock to homeownership at present, ReMax says. It’s anticipated that once rates start to fall, Toronto’s housing market will be exceptionally robust, with pent-up demand the driving force.
MARCH STATS SHOW OPPORTUNITY FOR NEW-HOME BUYERS: BILD
GTA new home sales in March extended the slow start to 2024, with all three months of the first quarter having set record lows for new home sales, according to the Building Industry and Land Development Association (BILD).
There were 1,125 new home sales in March, down 16 per cent from March 2023 and 66 per cent below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.
“GTA new homes sales for March came in at a record low as buyers remained on the sidelines,” says Edward Jegg, research manager with Altus Group. “Builders have responded with fewer new launches until sales begin to recover.”
Condominium apartments, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, accounted for 601 units sold in March, down 38 per cent from March 2023 and 73 per cent below the 10-year average.
There were 524 single-family home sales in March, up 38 per
cent from March 2023 and 51 per cent below the 10-year average. Single-family homes include detached, linked and semi-detached houses and townhouses (excluding stacked townhouses).
Total new home remaining inventory decreased compared to the previous month, to 19,508 units. It included 16,318 condominium units and 3,190 single-family dwellings. This represents a combined inventory level of 13.5 months, based on average sales for the last 12 months. This remains one of the highest inventory levels for new homes seen in the last decade and, when combined with the decrease of 16 to 18 per cent in the benchmark price since the peak in 2022, this provides a unique buying opportunity for prospective newhome buyers. With ample choice due to high inventory levels, purchasing a pre-construction home today will allow buyers to lock in a price now, while benefiting from lower interest rates that may be on the horizon, when they close.
“While the current situation is very beneficial for prospective new-home buyers, it is a period of increased jeopardy for builders and developers that is becoming more critical with every passing day,” says Justin Sherwood, senior vice-president of communications and stakeholder relations at BILD. “At the very time when builders should be ramping up production, they cannot, due to a combination of high interest rates, elevated construction costs and slow demand. This is becoming a very concerning situation and persistence of these market conditions risks future housing supply.”
Benchmark prices increased in March for single-family homes and for condominium units compared to the previous month. The benchmark price for new condominiums was $1.05 million, down six per cent over the last 12 months and 16 per cent from the 2022 peak. The benchmark price for new single-family homes was $1.5 million, down 11 per cent over the last 12 months and 18 per cent since the 2022 peak.
ONLINE
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MOVE IN NOW
Step into a residence that’s pure Forest Hill; one of Toronto’s most elegant and well-appointed residences. Rest assured knowing that you are easily connected to any and every resource needed by our curated team of concierges and property managers, letting you enjoy the ease of boutique hotel style living 365 days a year.
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Step into a residence that’s pure Forest Hill; one of Toronto’s most elegant and well-appointed residences. Rest assured knowing that you are easily connected to any and every resource needed by our curated team of concierges and property managers, letting you enjoy the ease of boutique hotel style living 365 days a year.
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LUXURY RENTALS IN FOREST HILL
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LUXURY RENTALS IN FOREST HILL
BUILDING ON A LEGACY
CURATED RESIDENTIAL LIVING IN THE GTA
DBS Developments functions as a fully integrated real estate company. DBS, named a er its founder David Bela Salomon, has continued with real estate operations including project design, development, construction and management.
BUILDING ON A LEGACY
CURATED RESIDENTIAL LIVING IN THE GTA
CURATED RESIDENTIAL LIVING IN THE GTA
The company creates sophisticated residences with onsite sta that are experienced in all aspects of property operations and are equipped with the resources to deliver exceptional customer service to our residents. With over 60 years and three generations of development and management experience, DBS Developments sets out to create a new standard for residential living, with an unparalleled team. LEARN MORE
DBS Developments functions as a fully integrated real estate company. DBS, named a er its founder David Bela Salomon, has continued with real estate operations including project design, development, construction and management. The company creates sophisticated residences with onsite sta that are experienced in all
DBS Developments functions as a fully integrated real estate company. DBS, named a er its founder David Bela Salomon, has continued with real estate operations including project design, development, construction and management. The company creates sophisticated residences with onsite sta that are experienced in all
aspects of property operations and are equipped with the resources to deliver exceptional customer service to our residents. With over 60 years and three generations of development and management experience, DBS Developments sets out to create a new standard for residential living, with an unparalleled team.
BUILDING ON A LEGACY
aspects of property operations and are equipped with the resources to deliver exceptional customer service to our residents. With over years and three generations of development management experience, DBS Developments sets out to create a new standard for residential
LUCCHETTA HOMES
BUILDING DREAM HOMES & ENHANCING ACTIVE ADULT LIVING IN NIAGARA
The Niagara Region is emerging as a hotspot for growth, blending urban convenience with natural beauty, away from the hustle bustle of the GTA. For those seeking a slice of this lifestyle, local builders hold the key, especially those deeply rooted in the community. Builders such as Lucchetta Homes.
Established in 1960, Lucchetta Homes has remained committed to
crafting quality homes that families cherish. The company’s journey began with a vision to contribute to the fabric of Niagara, to create not just houses, but homes and communities where futures are built. With deep ties to the community, Lucchetta understands the nuances of Niagara living, from its vibrant culture to its stunning landscapes.
INTRODUCING WATERCREST AT HUNTERS POINTE
Lucchetta Homes is excited to unveil its final phase of its awardwinning Hunters Pointe community in Welland – WaterCrest at Hunters Pointe. Nestled within a picturesque and serene promontory, WaterCrest promises to captivate new homebuyers seeking the perfect retreat where tranquility meets
convenience and community thrives amidst natural beauty.
Situated at the confluence of the Welland Canal and the Welland River, WaterCrest offers unparalleled vistas and an atmosphere of tranquility. Designed with active adults in mind, the community features spacious single-family bungalow homes and bungalow towns. Select lots offer lucky homeowners spectacular views of the waterway, canal and natural surroundings.
Each home is meticulously crafted to harmonize with its surroundings, providing a retreat from urban chaos while maintaining access to essential amenities. Within the community, a 14,000-sq.-ft. community centre fosters a vibrant social scene. Here, neighbours evolve into friends, and each day presents fresh opportunities for adventure and relaxation.
“We’re extremely excited to launch WaterCrest,” says Rob Lucchetta, the second-generation principal of Lucchetta Homes. “There’s simply no location like this. And we certainly aim to craft outstanding homes that complement their exceptional surroundings.”
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At Lucchetta Homes, customer satisfaction is paramount. Home designs reflect the latest trends, with each element enhancing functionality and comfort.
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THE LUCCHETTA DIFFERENCE
At Lucchetta Homes, customer satisfaction is paramount. Home designs reflect the latest trends, with each element enhancing functionality and comfort. The Lucchetta Design Centre, staffed with knowledgeable specialists, assists homeowners in selecting finishes that align with their vision and budget, ensuring a seamless process from start to finish. It’s this dedication to personalized service that sets Lucchetta Homes apart, turning dreams into reality – one home at a time.
Quality is non-negotiable for Lucchetta Homes. The company’s commitment to elevated building standards results in homes that exceed expectations. From foundation to rooftop, every element of a Lucchetta home is
crafted with precision and care. Long-time partnerships with the best trades in the region ensure that quality workmanship and attention to fine detail are instilled throughout the construction process. It’s this attention to detail that has earned Lucchetta Homes recognition within the industry, with provincial honours and awards from industry associations.
Moreover, Lucchetta Homes is at the forefront of Green building practices, with certifications and accolades for energy efficiency and innovation. Each and every home constructed is Energy Star certified. The company understands the importance of sustainable living and is committed to reducing its environmental footprint. From energy-efficient appliances to eco-friendly building materials,
every aspect of a Lucchetta home is designed with sustainability in mind. The builder offers net-zero construction, making it a pioneer in sustainable housing in the region.
A LEGACY OF EXCELLENCE
With WaterCrest at Hunters Pointe and other notable new home communities throughout Niagara, Lucchetta Homes continues to raise the bar in quality, innovation, location and customer satisfaction. A legacy of excellence extends beyond the homes it builds, encompassing a commitment to community, sustainability and service.
To explore the company’s offerings further and discover the home of your dreams, visit lucchettahomes.com.
2024 HOUSING SUMMIT
DISCUSSES GOVERNMENT-INDUSTRY CO-OPERATION
MIKE COLLINS-WILLIAMSAs the Greater Toronto and Hamilton Area continues to experience the effects of the ongoing housing crisis, the development industry, alongside municipal, provincial and federal government partners, continues to advocate for policy changes to create opportunities that increase housing supply and affordability.
On March 25, in the spirit of collaboration, the Ontario Home Builders’ Association (OHBA), the West End Home Builders’ Association (WEHBA) and the Building Industry and Land Development Association (BILD), in partnership with Enbridge Gas, hosted the inaugural 2024 Central Ontario Housing Summit, in Burlington. Featuring several panel discussions, presentations by elected officials, and opportunities for open dialogue, the Central Ontario Housing Summit provided an opportunity for industry and government to engage in collaborative discussions on how to address the current housing shortage.
Beginning with opening remarks from WEHBA President John-Anthony Losani, Susan Cudahy of Enbridge, OHBA President Dave Depencier and Minister of Municipal Affairs and Housing Paul Calandra, both the private and public sector expressed commitment to working together, with a focus on “innovation, collaboration and forward thinking,” says Depencier. For the first session of the day, Conservative Shadow Minister of Housing MP Scott Aitchison, alongside WEHBA CEO Mike Collins-Williams, discussed the role of the federal government in housing policy, his
experience as a municipal councillor in Huntsville and how, if elected a Conservative federal government would move the needle on housing. During the second session, Provincial Associate Minister of Housing Rob Flack, MPP highlighted the province’s effort to make the dream of homeownership a reality for Ontarians, through creating an environment for the private sector to deliver housing.
The first discussion panel, titled “Housing Supply in Action” featured several professionals from the residential construction Industry at large. The panel explored data, demographics and the causes of the housing crisis, as well as the next steps, including increasing support for infrastructure and innovation. Burlington Mayor Marianne Meed Ward hosted the lunch session and outlined the steps Burlington has taken to facilitate housing supply, including improvements to housing permitting processes and emphasizing the need to “shoot for the stars” on housing policy.
For the afternoon program, Parliamentary Secretary of Housing MP Chris Bittle took the stage and further explored the federal role in increasing housing supply. Following lunch, two discussion panels, “Finding the Missing
Middle” and “Building Capacity,” explored the barriers and successes in building new housing. The panels also discussed the need for cities to reduce barriers that prevent certain types of housing and innovations taking place in modular housing, automation, AI and education to facilitate building more homes during a labour shortage.
For the last session of the day, Parliamentary Assistant to the Minister of Municipal Affairs and Housing, MPP Matthew Rae emphasized the need to make the dream of homeownership a reality, and outlined what the provincial government is doing to facilitate that dream. Cudahy of Enbridge and WEHBA’s CollinsWilliams closed the event, reiterating that the private and public sectors need to take drastic action to break down barriers to housing supply, and work in collaboration to ensure affordability, attainability and quality housing for all.
ZVOX AV355 ACCUVOICE SOUND BAR
UPGRADE YOUR TV SOUND EXPERIENCE AND SAY GOODBYE TO MISSED DIALOGUE
In the modern era of high-definition TVs and immersive entertainment, the struggle to hear words clearly amidst a cacophony of special effects and background noise is a familiar frustration for many. It’s a scenario that’s all too common: You’re engrossed in your favorite show or movie, only to find yourself rewinding scenes, straining to decipher muffled dialogue or opting to turn on subtitles or even close captioning.
For many, television viewing is a cherished escape from the hustle and bustle, and this challenge can no doubt detract from the enjoyment of the entertainment experience. Fortunately, there’s a solution tailored to address this precise issue: The ZVOX AV355 AccuVoice Sound Bar.
12 LEVELS OF DIALOGUE CLARIFICATION
This sleek and unobtrusive device offers a remedy for the age-old problem of unclear dialogue on television – even more so for those who may have some hearing challenges. It cleverly utilizes principles akin to those found in advanced hearing aids employing innovative technology to enhance voice clarity while maintaining the integrity of the overall sound. With 12 levels of dialogue clarification technology, it ensures that voices are heard with precision and clarity, even amidst a sea of ambient sound.
ACCUVOICE AND SUPERVOICE TECHNOLOGY
At the heart of the AV355’s capabilities lies its patented AccuVoice technology, which isolates voices from background noise, effectively lifting them out and sharpening the clarity of dialogue. Additionally, the sound bar features SuperVoice
technology, which identifies and intelligently reduces background sounds, ensuring the voices are prominent. Together, these technologies employ algorithms that elevate voice clarity without compromising the richness of the audio or soundtrack, making for a natural, balanced and immersive viewing experience.
AUTO LEVELED VIRTUAL 3D SOUND
One of the standout features of the AV355 is its Output Leveling functionality, which evens out the sound and addresses the common annoyance of sudden loud volume fluctuations, such as those that pop up during commercial breaks.
However, the benefits of the AV355 go beyond just dialogue clarity. Zvox’s PhaseCue virtual surround technology combined with its virtual subwoofer takes this seemingly innocent looking sound bar and delivers what feels like a deep three-dimensional (3D) audio experience that transports you
into the heart of the action. Whether you’re watching a gripping drama, The Shawshank Redemption, The Godfather or an adrenaline-fueled action sequence such as in the latest Mission: Impossible, or Top Gun: Maverick, the immersive sound quality of the AV355 adds an extra layer of depth and realism to your viewing pleasure making it feel like you’re in a movie theatre.
The ZVOX AV355 boasts a compact design that measures a mere 24 in. in width, 2.2 in. in height and 3.5 in. in depth, and connects easily with any home entertainment setup. It can also be used wirelessly with your smartphone or tablet. It comes complete with a large button wireless remote for convenient control and supports both analog and digital inputs, ensuring compatibility with a wide range of television models.
Let’s face it, some speakers that come with today’s flat-screen TVs provide subpar sound quality. And for some of us, back in the day, maybe some of us cranked up Led Zeppelin just a little too loud. Regardless, for those of us seeking to enhance the television viewing experience, the ZVOX AV355 AccuVoice Sound Bar offers a compelling solution. Fancy tech features aside, this impressive little sound bar focusses on clarity, immersion and user-friendly design. It looks good, too.
With all the combinations of sound enhancements available, the only challenge you might have, is initially, figuring out which setting is best for you. Once you do, paraphrasing the words of the famous, infomercial king Ron Popeil of days gone by – you can “Set it and forget it,” and now add “And au revoir to missed dialogue.”
You can find the ZVOX AV355 AccuVoice Sound Bar on Amazon $269. It’s a worthy addition to any home entertainment arsenal.
BUDGET FRIENDLY SIBLING
If you’re looking for something less fancy that is a little lighter on the budget, the ZVOX AV120 Bluetooth AccuVoice TV Speaker might be a consideration. At only 15 in. wide, it’s designed more as a compact low-profile streaming loudspeaker for casual listening rather than a sound bar offering a deeper 3D immersive experience. The AV120 has fewer connection options, yet does have two levels of AccuVoice, compared to 12 on the AV355, and can also be mounted on a wall. It also comes with a large button remote with the addition of standard audio controls, and is priced at just $119 on Amazon.
Greg Gazin is a syndicated tech columnist, blogger, podcaster, and contributes to canoe.com, Troy Media and Active Life magazine. gadgetguy.ca
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FINE-TUNE YOUR TOOLS
FOR A BETTER LAWN AND GARDEN
MARK AND BEN CULLENWe are at the start of the gardening season. At this time of year, we like to devote a Saturday morning to maintenance work on our garden tools.
We talk frequently about the joys of digging and hoeing; the rhythm of a spade digging into the soil, the smell of fresh earth, the feeling of a quality tool in your hands. All of this adds up to a satisfying digging experience. But what spoils it all too often is dull tools.
This is such an easy problem to solve: All you need is a good gardener’s file. I sharpen my hoe and my spade every time I take them into the garden. I just draw the file across
the top of the spade or the inside edge of the hoe three or four times and again across the opposite side once or twice – just to remove the burr of metal that occurs there.
A shot of WD40 or equivalent works wonders, too. It will keep the blade clean and discourage the buildup of soil on it.
LAWN MOWER
It’s time to sharpen the lawn mower blade. It is important to do this, otherwise you’re cutting your grass with dull blades, and that means bruised and torn grass blades (recognized by a brown hue over the surface of the grass). You will use more gas as your lawn mower works harder to do the job. Bruised and torn grass blades are more susceptible to drought and diseases. A clean cut with a sharp blade causes less stress on the plants.
Also: Clean up the cutting deck by removing the build-up of grass clippings that line the inside of the cutting deck. Be sure to replace the oil. If it’s a two-stroke engine (which requires mixing oil with gas) consider exchanging it for a four-stroke – a cleaner burning engine that does not require you to add oil to it.
CUTTING TOOLS
Your grass/hedge/pruning shears also need sharpening and lubricating. Use a hone for sharpening and WD40 or equivalent for lubricating.
Clean off any rust with the lubricant or, if it is stubborn, use a soapy abrasive pad to do the job.
WHEELBARROWS
Grease or oil the wheel and axle, paint the metal box if it is beginning to rust and paint or stain the wooden parts to prevent them from rotting.
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Soaker hoses deliver water at the soil level to reduce moisture loss through evaporation. You can save up to 80 per cent of the water you would otherwise apply with an oscillating sprinkler.
While we’re on the topic of tools, let’s look at our top five picks, based on our many years in the garden. We can attest that these tips will save you time, money and help you to produce a fabulous garden.
1. Push reel mower. A push mower is easier on the ears and your lawn responds much better to the cutting action of a push mower, which is more like a knife, than a rotary blade power model. Choose a model that allows for a cutting height of two and a half inches (higher grass height = deeper, healthier roots).
2. Hoe. Make it a daily routine to grab a sharp hoe and take a walk through your garden. A quick strike with the hoe helps to control young weeds before they become a more established problem. Allowing them to mature and put down a root always leads to more work.
3. Stainless steel spade. A quality digging spade is irreplaceable in the garden. The uses are endless: Planting, transplanting, edging… the stainless steel sheds soil, wet or dry, much better than other digging tools. Keep it sharp and the spade will do most of the work for you.
Mark sharpens his every time that he uses it with a bastard file.
4. Pruners. Slip a pair of hand pruners in your pocket for your daily walk through the garden. Deadhead spent flowers and cut back “leggy” growth on a regular basis for optimum plant performance.
5. Soaker hose. We believe that water conservation is a top priority. Soaker hoses deliver water at the soil level to reduce moisture loss through evaporation. You can save up to 80 per cent of the water you would otherwise apply with an oscillating sprinkler.
Now you’re ready for almost anything that this gardening season throws at you. And you will enjoy the experience of it all that much more.
Mark Cullen is a Member of the Order of Canada. He reaches more than two million Canadians with his gardening/ environment messages every week. Receive his free monthly newsletter at markcullen.com Ben Cullen is a professional gardener with a keen interest in food gardening and the environment. You can follow both Mark and Ben on Twitter @MarkCullen4, Facebook @MarkCullenGardening and Pinterest @MarkCullenGardening.
WHAT IS A POWER
OF ATTORNEY
AND WHAT SHOULD IT INCLUDE?
JAYSON SCHWARZ, LLMWhether you are a young or an older person, preparing Powers of Attorney and Wills is a necessary evil that everyone not only should do but must do. I stress this because I have seen so many times the mess that is left behind when an individual doesn’t take care of their affairs and a family is left trying to pull the pieces together.
This article is not about your Will, it is about preparing Powers of Attorney and not just using printed forms. This became glaringly obvious to me recently when a man suffered a brain aneurism, and his wife was put in the horrible position of having to decide whether to end all life support, effectively leading to the death of her husband.
The husband should have made that decision himself earlier, and spared his wife the horror and guilt. How do we do that?
There are two kinds of Powers of Attorney (POA) that each of us should sign. The first is for financial
matters. This POA allows the designated attorney to conduct all financial affairs, as if he or she were that person. This would help, for example, in a case where a person had two broken arms and couldn’t sign cheques. Even with this POA, if you want restrictions and specifics, you need to have the lawyer you retain include these details in the legal document.
The POA for personal care gets even more tricky. This is where you need to think about all of the potential problems that could occur, and how you want to make decisions on what happens in advance. As an example, here is one kind of clause: I do not wish to be kept alive for any significant period of time if I am in a vegetative state or I am being kept alive by artificial means, unless there is a reasonable chance of my recovery such that I will no longer be in a vegetative state or kept alive by artificial means. Where there is no reasonable chance of recovery, I direct that I be allowed to die and not be kept alive by medications, artificial means or “heroic measures,” and I direct that any such medications, means
or measures that would keep me alive in those circumstances be withheld or withdrawn. I do, however, ask that medication, means and measures be mercifully administered to me or medical or surgical procedures be taken to alleviate suffering even though this may shorten my remaining life.
Or, as an example, here is a list to consider: Health care, nutrition, shelter, clothing and hygiene. At our firm, we typically arrange for either a GP or surgeon to be available to review these issues, and be able to discuss them with our clients as part of the process in order that we might incorporate their desires into their POA.
Taking these steps and clarifying these matters now is the best gift you can give your loved ones. Don’t wait.
UNEXPECTED EXPENSES
TO CONSIDER WHEN BUYING A HOME
If you’re planning to purchase a home as a first-time buyer, it’s likely you’ve devoted your blood, sweat and tears to building up your down payment. Let’s say you’ve finally saved enough cash to buy your first home purchase. To ensure you get this process started on the right foot, it’s essential that you consider the other expenses that come with this investment beyond your down payment.
CLOSING COSTS
With most first-timers focused on their down payment, they sometimes forget about the expenses that come at the end of the homebuying process, also referred to as closing costs. These are the total fees and expenses homebuyers need to pay to finalize their home purchase, and they can add up quickly. Closing costs typically range from 1.5 to 4.0 per cent of a home’s purchase price. For example, if you’re buying a property worth $720,000, you could pay anywhere between $10,800 to $28,800 in closing costs. Generally, closing costs are paid when the property title is officially transferred from the seller to the buyer; however, there are some cases when these costs are incurred before the closing date.
Closing costs include appraisal fees, which provide an estimate of the property’s value and typically range from $250 to $350; home insurance to protect against the threat of fire or natural disasters; land transfer tax, which is a provincial tax calculated
based on the home purchase price; closing adjustments, which account for costs not included in your original home purchase price, such as a hot water tank rental; title insurance to protect against title fraud; and real estate lawyer fees.
HOME INSPECTION
When you’re on the brink of buying your first home, do not overlook the importance of a home inspection. Part of your total closing costs, the average cost of a home inspection ranges between $500 to $1,000. While it might appear like an additional expense in the grand scheme of your purchase, it has the potential to save you thousands of dollars down the line, along with peace of mind. The size and structure of your new home will generally dictate the cost of the inspection.
A home inspection is crucial as it can expose potential costly repairs or maintenance issues that you might have to deal with in the future. Not to mention, many lenders require a home inspection to assess the property’s condition before approving your mortgage. More than just ticking a box for your lender, a home inspection helps to ensure you are making an informed decision.
PROPERTY TAXES
Another expense for new homeowners to consider is property taxes. These taxes are calculated based on a percentage of your home’s value, can vary based on the city you live in and need to be paid on an annual basis. If you’re buying a resale home, you may have to repay the previous homeowner at closing if they paid the property taxes in full for the year.
Before buying, it’s important to research the property tax rates in your area and understand how they might affect your annual expenses. In some cases, property taxes can be included in your monthly mortgage payment, but in other situations, you may be required to pay them all at once. Overlooking this expense is an unpleasant surprise, that’s why it’s important to factor them into your budgeting from the start.
Understanding and preparing for these “other” expenses can significantly ease your transition into homeownership. It’s not just about having enough for your down payment but also being financially prepared for these additional expenses. Ensuring you have a comprehensive understanding of the total cost of buying a home will help you budget better and avoid any financial stress as you enter this new and exciting chapter of your life.
TRANSIT EVOLUTION: HOW TRANSIT IMPACTS PROPERTY VALUES
The Greater Toronto Area (GTA) is in an ongoing state of transformation, and nowhere is this more evident than in areas surrounding key transit developments. Toronto, Pickering and Mississauga stand as a few prime examples of regions experiencing a dynamic relationship between transit expansion and pre-construction property values.
Yorkdale Mall, renowned for its upscale shopping experience, has undergone a remarkable evolution in recent years, driven in part by transit enhancements. The opening of the Yorkdale subway station in 2017 as part of the Toronto-York Spadina Subway Extension not only improved accessibility to the mall but also boosted development in its vicinity. Pre-construction properties such as The Wilde by Chestnut Hill Developments launching this spring near the station have experienced heightened demand, with investors and homebuyers recognizing the
“
” The influence of transit developments on pre-construction property values extends beyond mere proximity to transit hubs.
appeal of seamless connectivity and urban conveniences.
Similarly, Pickering has emerged as a hub of transit-oriented growth, fueled by the development of the Pickering GO Station and plans for the Durham-Scarborough Bus Rapid Transit corridor. These transit initiatives have positioned Pickering as a strategic location for both residential and commercial development, with pre-construction properties such as the masterplanned community of Universal City by Chestnut Hill Developments benefitting from the promise of enhanced transit connectivity and future economic prospects.
In Mississauga, transit developments such as the Hurontario LRT project have reshaped the city and influenced property values. With plans for a new LRT line connecting Mississauga and Brampton, areas along the corridor have seen a
surge in interest from developers and prospective buyers. Preconstruction properties by Amacon and Branthaven in Mississauga’s growing neighbourhoods stand to benefit from improved transit access, fostering a vibrant urban environment and strengthening property values in the process.
The influence of transit developments on pre-construction property values extends beyond mere proximity to transit hubs. Transitoriented communities, characterized by mixed-use developments and pedestrian-friendly infrastructure, are becoming increasingly sought after. These neighbourhoods offer residents a blend of convenience, connectivity and amenities, driving up property values and fostering sustainable urban growth.
In conclusion, transit developments are exerting a profound influence on pre-construction property values
and as the GTA continues to evolve and expand its transit network, stakeholders must remain aware to emerging opportunities and trends in real estate markets. By leveraging the transformative power of transitoriented growth, investors and homebuyers can capitalize on the dynamic relationship between transit developments and property values, shaping the future of urban living in the GTA.
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
TRESA A WIN-WIN FOR REAL ESTATE
INDUSTRY
The Trust in Real Estate Services Act (TRESA) is an appropriate name for the legislation that now governs how real estate agents and brokerages can operate in Ontario. This consumer protection legislation governs our conduct, which is a positive thing. Our business is based on engendering
trust when it comes to representing clients, whether they are purchasing resale or new construction. TRESA has replaced the Real Estate and Business Brokers Act (REBBA) to build on our already established trust.
Phase 2 of TRESA took effect on Dec. 1, 2023. The amended Code of
Ethics now covers only the ethical requirements rather than technical and procedural requirements. The new Code is smaller in size, but truly outlines what is expected in the areas of integrity, quality of service and conflicts of interest. Plus, realtors must provide consumers with a new information guide, which is available at reco.on.ca – the same guide used by every realtor across Ontario. This new guide explains the benefits of working with a realtor for a real estate purchase, the risks of buying without representation, plus what obligations realtors owe to buyers and vice versa.
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” I consider what real estate professionals do a noble profession. After all, “home” has a special place in our hearts.
Among the many changes for agents and brokers is also a clarification of disclosure statements, as well as a definition of a transparent offer process. Increased communication with buyers and sellers is promoted, and of course, better communication in any scenario is best for everyone involved. For example, sellers can direct the brokerage to share details of competing offers with other buyers, as long as no personal information is disclosed to identify who is making the offer.
The Real Estate Council of Ontario (RECO) provides a new Continuing Education course regarding the Phase 2 legislative reforms. The course covers items such as competing offers, professional conduct, representation and resulting agreements, disclosures, and in general, relationships when trading in real estate. And a purchaser and agent do develop a relationship, so when the parties involved know where they stand from the beginning, there is more chance for a favourable outcome.
Like Ontario Building Code, which is reviewed regularly and amended to protect new-home buyers even more, REBBA, and now TRESA, have
made Ontario a leader in North America in professional standards for real estate professionals. In the long run, these higher standards for agents and brokers are bound to improve the market, with potential purchasers having more confidence in us. The last few years have shaken the markets, but historically, we bounce back from challenges even stronger than before.
I consider what real estate professionals do a noble profession. After all, “home” has a special place in our hearts. And real estate is still a solid, tangible and potentially lucrative life and financial investment. The markets are picking up, so this new professionalism standard has come at an ideal time. There will be a third phase of TRESA in the future. For more information, visit orea.com/tresa.
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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DISCOVER COASTAL LIVING ON LAKE HURON A STONE’S THROW
FROM THE SHORE
It’s what so many of us are looking for. Life by the lake, in a stunning home in a beautiful welcoming community where nature is at your door. Seashore is a master-planned community, coming this spring to the charming town of Kincardine, poised to redefine coastal living. This unique community will be built by Mariposa Homes and Beisel Contracting, with character-filled designs that are as beautiful as its surroundings.
Imagine waking up to the sound of the waves splashing on the shore. When you live this close to the water, the lake becomes a familiar voice and important part of your day. Originally named Karegnondi, a Huron word meaning “Freshwater Sea,” Lake Huron offers breathtaking views from its shores, where the sunsets are legendary for their beauty as the sun disappears below the horizon in the west. You’ll find great variety of
things to do, such as boating, fishing, paddleboarding, windsurfing and kayaking plus some of the best surfing on the Great Lakes at Station Beach, right in downtown Kincardine.
Seashore is a harmonious blend of lakeside tranquility and small-town charm and convenience, offering the best of both worlds. An extensive hiking and biking trail system runs right to your door. You’re just a short stroll away from the stunning
Penetangore Path through old cedars and hemlocks along the river. The Kincardine Golf and Country Club is next door and you’re walking distance from the harbour in historic downtown Kincardine, where the boardwalk, shops, restaurants, and services bring a true small-town sense of connection. There are great schools in the area including Fanshawe College, and you’re reassuringly right around the corner from the South Grey Bruce Health Centre.
There’s plenty to do in Kincardine, from tennis to lawn bowling; from curling to the fabulous Lions Club Splash Pad for kids, with half a dozen golf courses just a short drive away. There’s the Davidson Recreation Centre, the Tiverton and District Sports Complex, Bruce Avenue Soccer Fields and kilometres of incredible beaches. Kincardine has a rich history with a deep connection to its Scottish heritage and a renowned Scottish Festival and Highland Games every summer. That’s just one of the many yearly events that make this such a welcoming community.
Seashore will be much more than a beautiful place to live. The master plan is crafted to create a vibrant community where streetscapes are carefully designed to be as stunning as they are walkable. Timelessly elegant, the home designs are a perfect complement to their natural setting, reflecting their position as a unique coastal community. The aesthetics and character of the neighbourhood is guarded by development restrictions, put in place to uphold your investment and elevate your experience of living at Seashore. Homes will stand proudly on a fully detached lot, stretching 30-, 40- and even 50 ft. wide either backing onto, or a short stroll from parks or woodland leading down to the beach.
If you’re looking for coastal living in a master planned community; a special place that will only grow more
beautiful over time, then consider Seashore
Kincardine. From its captivating landscapes to its rich heritage and vibrant community spirit, Seashore offers an unparalleled opportunity to experience coastal living at its finest, where the echoes
of the past mingle with the promise of the future. Let your coastal dreams come true at Seashore.
To learn more about coastal living just steps from the shore of Lake Huron, visit myseashore.ca.
inTHE SOCIAL IMPACT OF HOUSING UNAFFORDABILITY
JENNIFER PEARCE
Households spending more than 50 per cent of their income on housing experienced a lower well-being score – comparable to some of the most significant health challenges faced by a society, including cancer.
TRREB’s must-read 2024 Market Outlook and Year in Review Report sheds light on the evolving landscape of the GTA housing market.
The pivotal research commissioned by TRREB, including the Canadian Centre for Economic Analysis (CANCEA)’s study Locked Out: The Social Value Cost of the GTA’s Housing Crisis, reveals profound insights into the implications of housing unaffordability.
CANCEA’s findings highlight residents who grapple with housing unaffordability challenges report lower overall satisfaction and heightened stress. A staggering negative social value cost for residents living beyond their means, amounting to $37 billion in 2023. According to the report, “The social value cost attributed to housing unaffordability in the GTA is approximately 1.75 times greater than that of cancer in the GTA.”
Most strikingly, the research reveals that the social value cost of housing unaffordability surpasses that of major chronic diseases such as cancer, diabetes and heart disease. This comparison underscores the severity of the housing unaffordability crisis and emphasizes its significant impact on individual well-being.
It’s clear that housing affordability is not only an economic issue, but also a societal one. By acknowledging the social value cost and its comparison
to major health challenges, we can advocate for meaningful solutions that prioritize the health and stability of our communities.
To read the full report and much more, explore TRREB’s 2024 Market Outlook and Year in Review. You can also check out our monthly Market Watch. We break down prices, sales, and new listings each month with an easy to glance report. Visit trreb.ca for the latest look into the housing market and to connect with a TRREB member realtor.
Jennifer Pearce, TRREB President, is a Broker and Owner with ReMax Rouge River Realty Ltd., a family owned and operated brokerage. She is a secondgeneration realtor and has been licensed since 2000. trreb.ca
Why Hire an NKBA Professional:
• Skills to Design and Plan Safe and Functional Kitchens and Baths
• Understand the Industry Environment, Future Trends & Consumer Lifestyles
The National Kitchen & Bath Association (NKBA)
industry. Established in 1963 as a
Model: BCKM1016KS06
The BLACK+DECKER kitchen wand™ is a cordless 6-in-1 kitchen multi tool that will be your new go-to kitchen assistant. This multi-functional tool is compact, simple to charge, has easy to control speed. It includes an immersion blender, whisk, milk frother, wine opener, can opener and a 2-in-1 salt and pepper grinder attachments. With up to 30 minutes of continuous runtime and a rechargeable battery, you’ll be able to complete all of your desired recipes.
Available at www.amazon.ca
• Go to renoanddecor.com/contests
• Select this contest within the listing and click Enter to Win.
For full contest details & rules visit the link above.
• Operate and adhere to a strict code of ethics under the guidelines of the NKBA
• Utilize Industry Information for Designing & Planning
• Research Building Codes and Current Industry Practices
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LAKESIDE LIVING AT HARBOURTOWN VILLAGE
DISCOVER SILVERGATE HOMES’ PREMIER LAKESIDE COMMUNITY IN FORT ERIE
The Niagara Region is one of the hottest destinations for new-home buyers, and one of Niagara’s most highly anticipated communities has officially launched and is now selling.
Harbourtown Village is building excitement from locals and out-oftowners alike. Locals because they understand what a rare opportunity and unique location the development represents. And out-of-towners are intrigued by the hidden gem that is Fort Erie, a small yet amenity-rich town without the hustle-bustle of the GTA.
Fort Erie offers residents quiet, beach town charm with superb access to big city conveniences. Toronto’s shows, professional sports, big events and mega malls are about an hour and half away, but locals gravitate to Buffalo more often than not, right across the Peace Bridge. In just five or 10 minutes, all the highpowered entertainment found in Toronto is at your footsteps in Buffalo.
For everyday conveniences, Fort Erie has it all. Major retail stores, grocery stores, restaurants and banks are all well established, and new
brands are setting up in town quite regularly. Plus, there are many quaint, independent boutique-style shops around town, offering unique wares for the discerning shopper.
For additional shopping options, Niagara Falls and St. Catharines are only 20 and 30 minutes away respectively, with big box stores and major shopping malls including the Outlet Collection at Niagara, the Pen Centre and Canada One Outlets.
For foodies, Fort Erie is a great place. Chinese cuisine has thrived here for decades, especially along the
waterfront, where celebrities such as Goldie Hawn, Robert Redford and Robert Duvall were known to dine while filming in Buffalo.
Celebrity chef Matty Matheson, who grew up in Fort Erie, recently opened an Italian style restaurant that’s been getting rave reviews.
Fort Erie’s growth in recent years was behind the site selection of the new Niagara South hospital. Construction has already begun on what will be Niagara’s largest hospital, located just five minutes outside the town’s northern boundary.
So, it’s no surprise that the town is now on the radar for many couples, families and downsizers choosing to set down roots in scenic, relaxed Niagara.
That’s where Harbourtown Village promises to shine. The community is comprised of a limited collection of 62 townhomes and 46 single-family homes.
Award-winning homebuilder Silvergate Homes is the catalyst behind Harbourtown Village, having considerable experience building in the Niagara area. Its Amuse by the Lake development in 2018 proved to be very popular in Fort Erie, thanks to its lakeview locale and exceptional product.
Harbourtown Village is in the same vicinity as Amuse, and like Amuse, its location is out of the ordinary: In a secluded area along Lakeshore Road, between Historic Fort Erie and sandy Waverly Beach.
Not only is it a short stroll to the beach, it’s also connected to the Friendship Trail, a great path to walk the dog, hike, jog, rollerblade or cycle. The trail starts in Port Colborne and ends in Fort Erie, where it hooks up with the Niagara River Recreational Trail. So, if you’re ambitious, you can keep going – past Niagara Falls and all the way to Niagara-on-the-Lake.
All along the Friendship Trail there are access roads to a number of beaches along the shores of Lake Erie. Bay Beach in Crystal Beach is the largest and most renown (even by beachgoers well outside Niagara), so if you prefer to avoid the crowds,
the town’s smaller, more secluded beaches are the ones for you.
Blessed by its geography, it’s no surprise that Fort Erie has a distinct beach-town atmosphere to it. Come summertime, locals and visitors flock to the beaches as well as numerous events, concerts and festivals. Water activities and watercraft abound on the lake and the Niagara River alike.
Harbourtown Village practically brings lakeside living to you. But these are no tiny cottages. It’s an upscale lakeview neighbourhood with a perfect synergy of modern design and luxury living. Passionately designed, Silvergate fuses striking exteriors, unique lines and exceptional spaces.
The second release at Harbourtown consists of detached homes, with both bungalow and two-storey designs available. The bungalows range between 1,245 and 2,163 sq. ft., while the two-storey offerings range from 1,848 to 2,981 sq. ft.
Experience a new level of comfort and style with exceptional home features that redefine modern living. Interior luxury features are aplenty, such as the timeless appeal of hardwood floors throughout the main living space.
The kitchen boasts stunning quartz countertops, combining beauty and effortless maintenance. Enjoy the convenience of customized cabinetry in the kitchen and bathrooms, providing ample storage space tailored to your needs.
The community itself has been carefully and masterfully planned to include a pond, gazebos, benches and greenspace for all to enjoy. These outdoor features blend nicely with the nearby trail and natural amenities.
Silvergate Homes sets a high bar when it comes to craftsmanship and attention to detail. A secondgeneration family business, the Passero family has been building quality homes in the Niagara region for more than 40 years, nurturing a strong reputation for homebuyer satisfaction.
Its one-on-one philosophy ensures that no item on a homebuyer’s wish list goes unexplored. This customerfocused approach to homebuilding has resulted in hundreds of dream homes in Niagara, built with materials of the finest quality, to the highest standards of construction.
A winner of almost 40 builder awards for excellence, design, marketing and environmental stewardship, Silvergate Homes is a Tarion Warranty builder and RenoMark contractor.
Phase 1 has completely sold out, and Phase 2 is now selling. Secure your sales appointment today by calling 905.680.6000, emailing harbourtown@silvergatehomes.com or visiting the sales office at Bassett Avenue and Dominion Road in Fort Erie.
For more information, visit silvergatehomes.com.
THE VILLAGE FARM
NATIONAL AWARDS FOR HOUSING EXCELLENCE FINALIST OFFERS A BUILDING STANDARD YOU WON’T FIND ELSEWHERE
Set aside any preconceptions you may have about small towns. At The Village Farm in Embro (population 1,000), Langlois Eco Homes is doing what other builders only dream of. Six new freehold townhomes have been engineered, built and certified to the Passive House standard – the world’s highest standard for energy efficiency, comfort and health. Only custom homebuilders offer this level of quality.
Designed for sophisticated buyers who demand superior design and
next-level building quality, these homes convey a message – inside and out – of novelty, innovation and distinction. An iconic house shape is complemented by a geometric pattern of windows and exterior elements for a thoroughly modern look, while the standing-seam steel roof is a timeless signifier of quality.
The interior showcases a natural palette of white walls, bleached-oak floors, a solid-oak staircase, quartz countertops and custom cabinetry.
Large windows, in soaring spaces, suffuse every room with gentle light. The airtightness of the building envelope works together with a stateof-the-art ventilation system to deliver consistently comfortable temperatures (no drafts or cold spots) and fresh, filtered air throughout.
With more than 2,200 sq. ft., three bedrooms and three full baths, these warm, elegant and spacious townhomes offer what every good home should –places to gather and places to retreat.
ACTIVE LIVING AT THE CENTRE OF EVERYTHING
Pickleball courts, golf, playing fields, arena, baseball diamond, playgrounds and conservation areas are just steps from The Village Farm. Local shops serve many of your needs, while Stratford, Woodstock and Ingersoll are just 20 short minutes away. A 40-minute drive takes you to Waterloo Region, and the nearest on-ramp to Hwy. 401 is only 11 minutes away.
Future plans for The Village Farm will bring urban and rural together. Naturalized shared-use trails, community gardens and the option to micro-farm on our certified organic farmland are just a few of the features that will lay the groundwork for a holistic, regenerative place to live and grow.
Only two of these award-nominated townhomes remain. Book your private appointment today by contacting Nick Pope, sales representative at Revel Realty Inc., Brokerage, nickpope@revelrealty.ca, 519.807.1757 or 519.206.9555.
WHY LIVE IN A OR TOWNHOME CONDO?
by LISA ROGERSThe opportunity to live in a townhome or condo has a lot of great benefits. It’s an ideal choice for a family who wants the feel of a single-family home without all of the many maintenance responsibilities that go along with it. Living in a
townhome or condo is also ideal for a single person or working couple that has little time for maintenance or just wants to enjoy their free time instead of mowing the lawn.
With Toronto new home prices soaring over the past several years,
many people can’t afford the deposit on a new home, while the idea of moving into a condo or an older, renovated home is equally as unattractive. What appears to be the best solution is a townhome with its own front door, parking spot, and in most cases private outdoor space.
If you’re thinking of buying a townhouse or condo, here are a few of the main reasons you may want to strongly consider it:
A CLASSIC THAT NEVER GOES OUT OF STYLE
There’s a certain historic and timeless quality of many townhomes or condos being built today. They’re found in virtually all great cities of the world – Paris, London, Boston, New York and now Toronto. They stand the test of time; they’re never victim to the trends of home builds and because of that, they just grow in value as time goes by. It’s a great investment.
ALL THAT GREENSPACE
Townhomes and the land they are on is owned entirely by the homeowner, so there is a certain joy in knowing this small plot of land is yours to do with as you please. Whether you’re hosting a backyard barbecue or creating your own little garden, your outdoor space is your small oasis. Plus, some townhome associations include snow shovelling, lawn maintenance and landscaping for a monthly fee – an amazing convenience for those who would prefer someone else do their yard work.
LOWER MAINTENANCE
The maintenance of a townhouse is far less than a single-family home. Typically, in a townhouse community, the homeowners’ association handles all the external maintenance to ensure a uniform appearance across all townhomes in the community and the owner is responsible for basic maintenance of the interior.
PART OF THE COMMUNITY
Because townhome residents tend to live in proximity to each other, you
have the opportunity to really get to know your neighbours and build that sense of community amongst yourselves. This can also give you peace of mind knowing you’re all looking out for each other.
MULTI-LEVEL IS A MAJOR PLUS
Unlike condo-style living, generally on one level, one of the nice benefits of living in a townhome is the multi-level floorplans. You will have plenty of space (and privacy) for you and your family with bedrooms upstairs, spacious kitchens and even the option of fully finished basements. In addition, with many of us spending some or all of our time working from home, having the
multi-floors makes it easy for two to work remotely without the risk of disturbing one another.
URBAN LIVING
Townhomes are designed for a convenient lifestyle. They’re located in urban centres with lots of amenities, shopping, restaurants, attractions and entertainment right close by. Good developers will often build in areas in proximity to public transit and easy driving access to the city, so homeowners are close to the necessities of everyday living. It really is the best of many worlds –convenience, community, space and no maintenance.
Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline. Follow Lisa’s blog at craftedbylisa.ca
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NOW IS THE TIME
TO START PLANNING YOUR RENOVATION
You meant to have your kitchen redone or your bathroom finished this winter, but spring is here and your renovation project is still only an idea. Not to worry, because now is the perfect time to start planning to make your renovation a reality.
With a generous lead time, you can afford to be thorough with every step in the renovation process, increasing your chances of success. The first step is to articulate what goals you want to achieve with your renovation and develop a clear description of what you want to change. Write down your priorities and items that would be nice to have if your budget allows. Make sure everyone in your home participates in the discussion so you have a complete picture of what is needed.
Next, find a professional renovator who will guide you through the process. The good ones get booked up months in advance. You will be putting a lot of trust in this person, so look for a renovator who is a member of BILD’s RenoMark program, which means that they have committed to the RenoMark code of conduct and BILD’s code of ethics. To find a RenoMark renovator, visit renomark.ca.
Price is an important consideration when choosing a renovator, but experience, construction schedule and references are just as crucial. Take the time to check three references to get a good understanding of how the company operates.
Once you have selected your professional renovator, he or she may bring in a designer or architect and together you will work through your project outline and create plans and specifications. These will help determine the budget estimate and any building permits and approvals you will need. In some municipalities, obtaining building permits and approvals can take many weeks and even months – another reason it’s good to start the process early.
When you are comfortable with the preliminary design, budget, and timetable, you’re ready to draw up a written contract with your renovator. The contract sets out the precise scope of the work, the price, a schedule of payments, a reasonable timetable for completing the work, product-specific details and a warranty clause. The contract should be reviewed by a lawyer.
A RenoMark renovator will provide a contract for all projects. Avoid renovators who offer to work without
a contract, even if they promise to skip the HST or offer another incentive. They may not be paying workers’ compensation or carry adequate insurance, leaving you at financial risk.
My final piece of advice is to spend some time on renomark.ca and read the articles – they cover various aspects of renovation in more detail.
Renovating your home is exciting and rewarding. And as you can see, there’s plenty you can do to make sure you’re prepared.
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.