GTA Homes Magazine - June 4, 2022 by NextHome

Greater Toronto’s Finest NEW HOME GUIDE

Greater Toronto Area June 4–July 2, 2022

Shelter Cove building tranquility on the shores of Lake Erie

INSIDE:

SAVING THE DREAM OF HOMEOWNERSHIP

4 SIGNS IT’S TIME TO REFINANCE YOUR MORTGAGE

A COLLECTION OF A COLLECTION OF MODERN TOWNHOMES MODERN TOWNHOMES

Prices and speciﬁcations are subject to change without notice. E.&O.E.

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WHAT IF? We made your ideas fly.

SINCE 1992, WE’VE LISTENED TO YOUR DREAMS, AND BROUGHT THEM TO LIFE IN OUR HOMES. Three ground-breaking decades. This year, we are very proud to celebrate 30 years of putting the needs of our buyers first. Since 1992, National has brought families and their dreams together by reimagining what is possible. In focus groups, surveys, and workshops, we’ve listened to your needs and made your ideas fly with Bright Ideas like family centres, smart technology, and designs that inspire health and wellness. Every National home is built with you in mind. You Are the Blueprint and that’s been our commitment for the past 30 years.

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JUNE 4–JULY 2, 2022

CONTENTS COVER STORY

24 SHELTER COVE TRANQUILITY BY THE LAKE

6 HOMES Magazine | June 4–July 2, 2022

40 COLUMNS

Realty Insider There are several good reasons to buy new over resale

26 Legally Speaking Should you worry about the condo docs when buying?

34 Personal Finance Four signs it’s time to refinance your mortgage

Real Estate Pro Spring into action for a new residence this season

36 Home Realty First-time buyers get a boost in Federal Budget 2022

46 Western View

Property profile 40 Fieldgate Homes Grand opening of freehold towns in Seaton

DEPARTMENTS

Editor’s Note

IN EVERY ISSUE

Addressing housing for today and tomorrow

Spotlight Online

48 North Region

In The Spotlight

50 Southwestern Region

GTA market slows in April; more news on pages 18, 20 and 21

54 Maps & Charts for New Home Communities

42 Braestone Estates Final chapter of Georgian community has heart and soul in every home

44 Edgewood Greens Live family-friendly in Flato’s community in Dundalk

Province must address housing crisis for today and tomorrow

Product Spotlight QuickStyle

Inside the GTA

In Conversation With...

Contributors

64 Index of Advertisers

Shaun Levy, Flato Developments

Product Showcase

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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 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 DIRECTOR OF SALES, ONTARIO, NEXTHOME

Natalie Chin 416.881.4288, natalie.chin@nexthome.ca SENIOR MEDIA CONSULTANT

Amanda Bell 416.830.2911, amanda.bell@nexthome.ca VICE-PRESIDENT, MARKETING – GTA

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

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

distributionteam@nexthome.ca REAL ESTATE PRO | BARBARA LAWLOR Barbara Lawlor is President and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas. baker-re.com

ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs

VICE-PRESIDENT, PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM 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.

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony GRAPHIC DESIGNERS

Johannah Lorenzo, Jean Fay Rodriguez, Mike Terentiev

Published by

nexthome.ca Advertising Call 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038 Circulation Highly targeted, free distribution network aimed at real estate buyers using street level boxes, racking and Toronto Star in-home delivery. Canadian subscriptions 1 year = 13 issues – $70 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416.

HOMES Magazine | June 4–July 2, 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

ADDRESSING HOUSING FOR TODAY AND TOMORROW

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

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

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HOMES Magazine | June 4–July 2, 2022

By the time you read this issue of HOMES, the provincial election will have passed and we will have re-elected the Conservatives, or chosen to go in a new path with a different premier. However Ontarians voted, it’s clear that housing will be part of the province’s agenda for years to come, and rightly so. Perhaps you’re an experienced homeowner who has benefited from years of homeownership, and are now in a position to downsize, right-size, or you’re a first-time buyer taking your inaugural step into the housing market. Some of the most pressing issues facing the housing industry in Ontario – namely supply and affordability – may or may not affect you too directly. But they absolutely do impact the homebuying wishes and abilities of your kids, grandkids and other future generations. Indeed, the issues matter to them, to you, to all of us. And regardless of whether your chosen candidate won on June 2, or how you felt about the various party leaders’ proposals to address the housing issues, the conversation will continue. It matters. For further context, see our Western View column on page 46 in this issue. Mike Collins-Williams, CEO of the West End Home Builders’ Association, explains the extent to which these issues are hurting all of us. “One-and-a-half million homes,” he writes. “That’s how many homes need to be built over the next decade, just to keep up with Ontario’s expected population growth. At our current rate, we are simply not building enough to keep up with that demand.” The numbers – not just the amount of homes we need to build, but the price growth that has resulted from our housing policy to date – are staggering. And they affect us all. Assuming you’re moving ahead with your new-home purchase, enjoy the experience. You’ve earned it. And, hopefully, as the housing industry challenges are addressed, future generations can, too.

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

SPECIAL REPORT HOMEBUILDING

National Homes celebrates 30 years of putting customers first A 30th anniversary is something worth celebrating, and when that relationship involves thousands of families across the GTA for generations, that continuous timeline of commitment takes on an even deeper meaning.

How to prepare for the hot – and possibly extended – busy homebuying season Inflation, interest rates, the pandemic... Who could blame homebuyers if they’re a little unsure during the hot spring – and possibly summer – housing market?

INSIGHT

What first-time buyers need to know about your Land Transfer Tax refund In today’s real estate market, buying your first home can sometimes be daunting. However, there are some advantages, such as the refund on Land Transfer Tax that is only available to individuals who have not previously owned real estate.

DEVELOPMENT

Homebuying opportunities approach at Lakeview Village in Mississauga A major new master-planned community in Mississauga is inching closer to reality, with new-homebuying opportunities set to begin in the coming weeks at Lakeview Village. NEW COMMUNITIES

StateView Homes brings its unique approach to several new communities across the GTA Since its founding in 2010, award-winning homebuilder StateView Homes has been offering meticulously designed homes and superior customer service, along with an ability to create distinctive niche communities that cater to each homeowner’s individuality, design preferences and lifestyle aspirations. Visit or check us out on 14

HOMES Magazine | June 4–July 2, 2022

@HOMESMagazineON

nexthome.ca @HOMESMagazine.Ontario

@homesmagazine

IN THE SPOTLIGHT

GTA NEW HOME MARKET SLOWS IN APRIL The GTA new home market showed signs of slowing in April, from the exceptionally strong pace of the past year, the Building Industry and Land Development Association (BILD) reports. Total April new home sales of 3,645 units were down 29 per cent from April 2021 though still six per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. Single-family homes, including detached, linked and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 571 units sold, down 47 per cent from last April and 54 per cent below the 10-year average. Sales of new condominium apartments, including units in low-, mid- and highrise buildings, stacked townhouses and loft units, with 3,074 units sold, were down 24 per cent from April 2021, but 40 per cent above the 10-year average. It was the fourth highest number of condominium apartment sales for April since Altus Group started tracking in 2000. “The unpredictability in construction costs, the supply chain disruptions

and the strikes our industry is currently experiencing are expected to impact housing supply in the GTA in the coming months,” says Dave Wilkes, BILD president and CEO. “Combined with the factors affecting the larger economy, we are likely to see some volatility in the housing market in the months ahead.” “New condominium apartment sales are down from last year, but would have been viewed as robust in the pre-COVID world,” adds Edward Jegg, research manager at Altus Analytics, Altus Group. “The headwinds of rising interest rates and soaring inflation are starting to

act as a drag after an exceptional 16 months. Meanwhile, singlefamily sales continue to languish as affordability issues persist.” The benchmark price for new singlefamily homes in April was $1.78 million, which was up 28.1 per cent over the last 12 months. New condo units rose to $1.19 million, up 12.3 per cent over the last 12 months. Due to a number of new project openings in April, total new home remaining inventory increased, compared to the previous month, to 9,327 units, comprised of 7,936 condominium units and 1,391 singlefamily lots.

APRIL NEW HOME SALES BY MUNICIPALITY Highrise

Lowrise

Total

Region

2022

2021

2020

2022

2021

2020

2022

2021

2020

Durham

257

141

288

352

429

Halton

714

330

104

747

434

Peel

258

733

190

261

448

994

Toronto

1,620

1,779

338

1,622

1,795

351

York

225

1,051

251

411

119

476

1,462

205

GTA

3,074

4,034

494

3,645

5,114

808

6,719

9,148

808 SOURCE: ALTUS GROUP

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In the spotlIght

MAJORITY SUPPORT EXPANDING INFRASTRUCTURE TO SUPPORT MORE HOUSING: POLL New public opinion research by IPSOS, released by the Building Industry and Land Development Association (BILD), demonstrates that 71 per cent of those surveyed agree with expanding municipal boundaries to enable more housing to be built at the periphery of GTA municipalities. Similarly, 78 per cent of those surveyed support the building of more roads and highways to support residents and growth in the GTA. “It is not a question of choosing between building more homes to accommodate a growing population and protecting the environment,” says Dave Wilkes, president and CEO of BILD. “While those opposed to taking the necessary steps to accommodate the GTA’s present and future growth like to present these as stark ‘either-or’ decisions, the reality is that with modern land development, building techniques and regulatory requirements, we know it is possible to balance both.” The survey found that less than half of GTA residents (44 per cent) are aware of the regulatory framework that governs the environmental aspects of building new homes and that only onethird of GTA residents (35 per cent) felt that building a new housing community is bad for the environment. When these groups were made aware of the regulatory requirements and industry environmental practices, more than a third were less likely to believe building homes harms the environment and this rose to over half when informed of the energy efficiency of new homes. “There is a clear disconnect between perception and reality,” says Sean Simpson, senior vice-president,

18 HOMES Magazine | June 4–July 2, 2022

Ipsos Public Affairs. “The majority of GTA residents clearly favour the addition of more housing supply and transportation infrastructure. Of the minority who believe that building homes is bad for the environment, a large percentage (56 per cent) are not aware of the regulations and practices already in place to protect the environment, and many report that their opinion shifts when presented with the facts.” The research found that a majority of GTA residents (92 per cent) agree that we are in the middle of a housing affordability crisis. Four in five also agree that we are in the middle of a housing shortage crisis (81 per cent) and that we must balance environmental regulation with the need to build more homes more quickly (81 per cent). However, local opposition to adding housing supply within existing communities remains strong, with more than half

(55 per cent) of residents opposing the construction of a highrise condo within a half-km of their residence, and slightly less than half (47 per cent) of residents opposing a midrise building within a half-km of their residence. “There is almost unanimous agreement that the GTA is suffering from a housing supply and affordability crisis and that adding supply is the solution,” says Wilkes. “This must be done by adding gentle density in existing communities and enabling new, denser, more land-efficient development at the peripheries of GTA municipalities. “This research demonstrates to our leaders that the public supports the idea that growth and environmental protection can be balanced. By taking action now, a legacy can be created to meet the needs of a rapidly growing population and preserve our collective quality of life.”

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IN THE SPOTLIGHT

REALTORS CALL ON ALL PROVINCIAL LEADERS TO SAVE THE DREAM OF HOMEOWNERSHIP Leading up to the June 2 provincial election, Ontario realtors were calling on all party leaders to prioritize housing policies that will ensure future generations have a shot at owning a home. Released by the Ontario Real Estate Association (OREA), the 2022 Election Housing Platform: A Home for Everyone puts forward solutions to save the dream of homeownership in Ontario. “As of March, 10 out of 36 real estate markets in Ontario had an average home price over a million dollars, and six others are on the verge of breaking the million-dollar mark,” says OREA CEO Tim Hudak. “High prices are driving young families right out of the province to find a home they can afford. Ontario stands to lose its edge as one of the most attractive places to raise a family or start a business because of the runaway cost of housing. For a political party to win in June, they need to show voters they have the solutions for Ontario’s housing affordability crisis.” OREA’s platform offers eight bold solutions to address Ontario’s housing affordability crisis, including: • Doubling the Land Transfer Tax (LTT) Rebate for First-Time Home Buyers: To keep pace with the rapid increase to housing prices, the LTT should be indexed to inflation and doubled from $4,000 to $8,000. • Ending Exclusionary Zoning: Local zoning rules continue to hold back much needed starter homes that people can afford. The Province should use the Planning Act to implement as-of-right zoning in Ontario’s highest-demand urban neighbourhoods to allow for the building of duplexes, triplexes and fourplexes on lots traditionally zoned for single-family housing.

20 HOMES Magazine | June 4–July 2, 2022

• Getting dirty money out of Ontario Real Estate: The government of Ontario should create an Ontariomade public beneficial ownership registry that would require home purchasers to identify themselves to land titled authorities to reduce instances of money laundering through real estate. “What used to be a GTA issue, is now a province-wide problem,” says OREA President Stacey Evoy. “Smaller, more rural communities are seeing rapid increases in housing prices unlike any other time in history. The housing affordability crisis will not fix itself. We are at a turning point and Ontario needs significant leadership from the government to ensure more

Ontarians can find a great place to call home.” Limited housing supply, pandemicrelated factors and changing demographics have resulted in skyrocketing housing prices across the province. Ontario home prices have tripled in the last 10 years, OREA says, but average household incomes have increased only 30 per cent. According to a recent affordability report from the National Bank of Canada, it would take 26.5 years – or 318 months – for a Toronto resident (making $195,000) to save a down payment on an average priced home in the city. For more information, visit ahomeforeveryone.info.

IN THE SPOTLIGHT

WEHBA CONFERS 2021 AWARDS OF DISTINCTION Best Bathroom Concept in a Mid- to Highrise New Horizon Development Group Bridgewater Residences on the Lake Best Kitchen Concept in a Mid- to Highrise New Horizon Development Group Bridgewater Residences on the Lake Best Exterior Concept on a Highrise DeSantis Homes Muse Branthaven Homes

The West-End Home Builders’ Association recently held its annual Awards of Distinction gala in Hamilton, covering building, design, promotion and marketing in the new home, renovation, and sales field in the Hamilton and Halton area. The Awards of Distinction winners are selected from more than 200 nominees by third-party judges from Toronto, Guelph, Kitchener, Niagara and London area members of the Ontario Home Builders’ Association. For a complete list of winners, visit westendhba.ca. CREATIVE AWARDS

Best Project Logo Carriage Gate Homes BeauSoleil Best Signage DeSantis Homes Muse

Best Virtual Tour DeSantis Homes Muse Best Ingenuity in Marketing DeSantis Homes Muse Marketing Award of the Year DeSantis Homes Muse ACHIEVEMENT AWARDS

BHT Award New Horizon Development Group Parallel Towns Consumer Choice Award Low Volume Marz Homes

Best Condominium Concept Under 750 Square Feet New Horizon Development Group Bridgewater Residences on the Lake Best Condominium Concept 750 to 1,200 Square Feet New Horizon Development Group Bridgewater Residences on the Lake Best Condominium Concept 1,200 Square Feet & Over New Horizon Development Group Bridgewater Residences on the Lake Best Townhome/Semi-Detached Home Branthaven Homes Millcroft Towns | Knightsbridge Select Best in Housing Affordability New Horizon Development Group Peachy Towns

Consumer Choice Award High Volume Branthaven Homes PRODUCT AWARDS

Best Website Branthaven Homes Millcroft Towns

Decor/Design Centre DeSantis Homes Design Studio

Best On-Site Sales & Marketing Package Branthaven Homes Millcroft Towns

Best Interior Merchandising Model Home or Suite Mid- to Highrise DeSantis Homes AquaZul

WEHBA CEO Mike CollinsWilliams, left, and Nick Carnicelli, Carriage Gate Homes

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ADVICE | REALTY INSIDER

WHY BUY PRE-CONSTRUCTION? HERE ARE SEVERAL GOOD REASONS TO BUY NEW OVER RESALE

MICHAEL KLASSEN

Why buy a pre-construction home or condominium? This is possibly the number one question I get from first-time buyers and investors alike. My opening response is always the same: When you purchase new, you choose the lot you want your home built on or the floor in the condominium building that fits your needs. There’s no bidding – the price is the price, and you know right away whether the residence you want is available. Think of the headaches and stress that eliminates. And speaking of price, purchasing new means you can take advantage of competitive deposit structures rather than having to be “close-now ready” with resale. You have anywhere from two to four-plus years to save for the down payment, and in that period of time, the value of your new residence will likely have gone up. You can buy at today’s prices and move into tomorrow’s value. It’s easier to plan for the future with this flexibility. Keep in mind that when you buy resale, you may think you know where you stand financially, but you never know what kind of unforeseen problems you may have – especially if you purchase without a home inspection. We’ve all heard horror stories about problems that arise after taking possession of a resale home. 22 HOMES Magazine | June 4–July 2, 2022

Also keep in mind that “new” is the only form of real estate that comes with a warranty. Ontario’s Tarion protection coverage comes with a seven-year warranty, and it provides protection regarding deposits, delayed closings and substitutions of finishes and materials. Last year, Tarion increased several of those coverage limits for even more protection. This brings up another advantage of buying pre-construction: You get to select the colours, features and finishes you like – the items that will make your surroundings feel like “home.” Maybe you have a minimalistic modern sensibility, or perhaps you prefer more traditional surroundings. You’ll find your builder will offer all the above, and more. Of course, every builder will offer upgrades, but today’s standards are so impressive that you may well not need to upgrade to get what you want. Lowrise layouts are more efficient than ever, and condominiums are stylish from the lobby up.

Buying pre-construction means you get the very latest in building techniques and materials according to the Ontario Building Code. That guide is updated every few years to ensure new home buyers in the province get modern and energyefficient surroundings. Many resale buyers end up spending tens of thousands of dollars to bring their homes up to their standards of living, so this is a major reason to select preconstruction over pre-owned. And here’s a bonus: When you move into your new home or condo, you will be the first to use your appliances, fixtures and everything else. In other words, when you buy new, it’s all new. 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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COVER STORY

TRANQUILITY BY THE LAKE LIVE THE LIFESTYLE YOU DESERVE AT

SHELTER COVE Shelter Cove is a year-round waterfront community on the Shores of Lake Erie, adjacent to the Forests of Selkirk Provincial Park. Nestled at the mouth of Sandusk Creek, Shelter Cove has a rare location for a protected marina within a short distance to Lake Erie boating, picturesque vistas, easy access to hiking and biking trails and a charming small-town atmosphere that offers serenity and tranquility, as well as a host of fun recreational activities. 24

HOMES Magazine | June 4–July 2, 2022

ALL THAT YOU NEED AND WANT…

Privacy and security are paramount at Shelter Cove, and controlled access provides residents with peace of mind. As a land lease gated community, Shelter Cove offers maintenancefree living that provides peace of mind. For a very low maintenance fee starting from $140 per month, the grass is cut and snow is shovelled, providing you with more time to do the things you enjoy most.

The community produces its own drinking water sourced through reverse osmosis, and there’s no need for septic tanks, since Shelter Cove owns a state-of-the-art water and wastewater plant, and the residents benefit from the convenience of natural gas. Currently under construction is a residents only Club House, which will feature more than 5,000 sq. ft. of on-site amenities. In addition, there is a large outdoor swimming pool, extended walking trails, private

marina and dog park, with plans for future amenities. There is an abundance of amenities surrounding Shelter Cove, including supermarkets, healthcare, hospitals, golf courses, quaint towns and boutiques, as well as a variety of restaurants and service clubs in nearby Port Dover and Simcoe. PRICING WITHIN REACH…

Prices are very affordable at Shelter Cove. Lots range from 65 to more than 100 ft., with premium forest, waterview and open space lots still available. The completely customizable manufactured modular bungalows include many luxury features. Pricing starts from

the high $200,000s to more than $400,000 with leasehold tenure. Homes can be used as a vacation and recreational property for seasonal use, or as permanent residences year-round. Leasehold tenure provides a financial advantage because it saves purchasers the capital outlay of a serviced building lot, which can run as high at $150,000 to $200,000. Investing this money wisely has the

potential of paying the annual cost of the lease, while the principal remains intact. Resale homes sell quickly. Experience a well-deserved lifestyle lakeside at Shelter Cove. Enjoy relaxed mornings, funfilled days and tranquil evenings by the lake. Visit sheltercove.ca for virtual tours, aerial views and to view open concept plans.

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ADVICE | LEGALLY SPEAKING

SHOULD YOU WORRY ABOUT THE CONDO DOCS WHEN BUYING?

JAYSON SCHWARZ, LLM and GREG DUBECKY, JD

Should you have a professional review the status certificate and other supporting documents before making an offer on a condominium unit? Or should you make the offer conditional on a satisfactory review? While this notion might seem like a luxury in a sellers’ market, with a great deal of pressure on buyers to purchase quickly and waive conditions, note that with rising interest rates and an inflationary spiral, it seems the market is more balanced than it has been in a long time. Understanding what you are getting into is critical to your future. You are not buying minor consumer goods such as a toaster, and what you do could affect the rest of your life. Lawyers and accountants with specialized practice experience in this area can often offer valuable insight into the presence or absence of financial warning signs, restrictions or rules you might not notice, and a myriad of other matters that you may not understand. There may be rules precluding pets, or worse, only small dogs and you have a beautiful 80-pound golden retriever that cannot move in with you. Or perhaps there are no rules about noise, and your condo is located beside a heavy metal band member who practices all night. What kind of financial warning signs? Is the corporation involved 26 HOMES Magazine | June 4–July 2, 2022

in any major lawsuits? Is the current owner of a unit you’re considering up to date on fees owing? If it’s an older building, what repairs may be needed? It is the longer-term management of reserve funds and repairs that could represent the largest financial implications and issues with respect to these matters. There could be significant implications for the monthly fees associated with ownership in a condominium, as well as the possibility of special assessments (one-off requirements to pay a sum of money to the condominium corporation to help it cover a shortfall or ongoing repair costs), something that’s more likely where a reserve fund has been poorly managed. What is a reserve fund? All condominiums must have at least one reserve fund account where the funds collected from a portion of the maintenance fees owners pay are banked and held in reserve to finance the major repairs and renovations of the common elements of the condominium corporation. Items such as exterior walls and roofing, hallways, elevators, reception, pipes, plumbing, conduits, electrical rooms, security or recreational facilities; all these will have to undergo major repairs and replacement at some point. When you buy a condominium unit, you are also committing to contribute a share of the funds necessary to keep those common element assets in safe and working shape. This includes not only their current operation and upkeep, but also the cost of their future repair and replacement. That can amount to a

significant portion of your monthly fees, perhaps even the majority, particularly where governing boards of the condominium corporations have sought to delay the cost of fund accumulation disproportionately onto future owners. While your share of that obligation as an owner is limited, the total dollar figure it could represent has no limit. The forecasting of those major projects and the accumulation of the funds necessary to finance them are essential to the long-term viability of the condominium, and to ensuring that the burden of those projected costs is spread as evenly as possible over time. Pertaining to the documents received, the package is called a “Disclosure Statement,” and there is much more than the Status Certificate. There is the Declaration, and all the attachments, such as Bylaws and Rules. Most packages are in the 60- to 80-page range. There is so much information, that you really need to consider retaining someone to review it all, so you at least get the highlights. You need to read them yourself as well. On our website, schwarzlaw.ca, there are many articles dealing with the various parts of the Disclosure Statement. Jayson Schwarz, LLM, is managing partner, and Greg Dubecky, JD, is senior real estate associate at Schwarz Law Partners LLP. schwarzlaw.ca, info@schwarzlaw.ca.

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SPOTLIGHT DEVELOPMENT BRINGS BOLD NEW AFFORDABLE HOUSING DEVELOPMENT MODEL TO TORONTO

From left to right: Dahabo Ahmed-Omer, The BlackNorth Initiative; Mwarigha, WoodGreen Community Services; Sherry Larjani, Spotlight Development; Shelton Mpala, The BlackNorth Initiative; and Ene Underwood, Habitat for Humanity GTA.

PRIORITIZING HOME AFFORDABILITY at an ambitious scale, Spotlight Development is planning to transform a 3.5-acre site in the Black Creek and Lawrence neighbourhood of Toronto into a mixed-use community that provides much-needed affordable housing with supporting retail, childcare, and other community amenities to an underserved area of the city. Replacing a shopping plaza and parking lot, the project is to feature a progressive and inclusive model, and the development team has invited a series of not-for-profit agencies as partners. On the housing side, this includes Habitat for Humanity, WoodGreen Community Services, The BlackNorth Initiative, and Trillium Housing. The developer is proposing approximately 1,470 residential units. Part of the project aims to provide housing for families with low to moderate incomes that fall below $75,000 annually, with the goal of providing as much affordable housing as possible, for rental and ownership. spotlightdevelopment.com nexthome.ca

IN CONVERSATION WITH...

SHAUN LEVY VICE-PRESIDENT, FINANCE AND OPERATIONS FLATO DEVELOPMENTS BY WAYNE KARL

If you’re looking for a new-home builder known for constructing quality homes, the housing industry in the GTA and surrounding area is blessed with many of them. If it’s also important to you that such a company develop complete communities, not just build houses, and give back to the community in meaningful ways, well, you can’t do much better than Flato Developments Inc.

In our 2022 Builders’ Annual, you said you saw 2022 still as a year of homebuying opportunities for new-home buyers. With recent developments (inflation, rising interest rates…) how would you characterize things now? We see a levelling out for a few months, and it will be very challenging for new-home buyers, especially first-time homebuyers. However, due to short supply, we still foresee strong demand outstripping supply. What new-home buying opportunities does Flato have in the pipeline? We have new projects coming online where there will be exciting opportunities for buyers. We plan

Edgewood Greens

32 HOMES Magazine | June 4–July 2, 2022

to launch a new project called GreyStone Village in Owen Sound, a master-planned community with singles, traditional towns and backto-back towns, commercial buildings and rental apartments. Another project that may come this year is the new phase of Carriage House in Dundalk, with singles and towns. A few more projects are planned down the pipeline. What is it about your company or projects that differentiates you in the marketplace, that you’d like to stress to prospective buyers? Flato is a community builder, we build communities. The projects we focus on are all master-planned communities, which include multiuse products, such as residential, commercial, and adult lifestyle rental buildings. We do not just look at the homes we build, we look at the potential growth of the communities. We offer different products to make sure people can live, work and retire in the community. Flato also supports all different types of charities, activites and events in the communities where we build to make sure we are deeply involved there. A recent example is the Fleming College campus in Lindsay, where we donated $1.2 million to support the education in the area. How is your company addressing the affordability issue? Flato always strives to increase affordability for homeowners. We always offer a unique and affordable bite-sized monthly payment structure

Edgewood Greens

up to closing. Flato has offered a new cashback incentive, where firsttime homebuyers can use deposits towards equity in their homes. 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. How did this program come about? In consultation with our agents and buyers, Flato has been focused on addressing the needs in the market. 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 an issue that concerns us deeply at Flato Developments, which is why we’ve collectively brainstormed and

innovated a first-time homebuyer’s program in our Edgewood Greens, Dundalk, community to specifically address this issue. The overall framework of our first-time homebuyer’s incentive involves you needing to invest less money up front, and making gradual, bite-sized payments up till the time of possession, to keep that hard-earned money in your savings account longer. We will also be offering cash back at multiple junctures in the process, providing you with extra cash infusions that can be used toward some of your future down payments. By the time this interview publishes, we will have wrapped up the provincial election, and housing supply and affordability were central parts of all the major parties’ platforms. What are your views on how well government can influence change in these areas?

Government needs to speed up the process and issue permits in order to address the shortage of supply. In addition, government needs to address the lack of trades and open immigration to bring in people who can work in the industry. If you had the opportunity to speak directly to the Premier of Ontario on this topic, what would your advice be? I can’t speak for the premier, but I do know that he or she would do all in their power to help address the chronic shortages in the construction industry. Flato is doing some great things in Dundalk and other locations. What’s next for the company? Flato has exciting developments coming in Beeton, Lindsay and Owen Sound. flatogroup.com

on a personal note Who or what is the biggest inspiration for what you do? Nelson Mandela, as his spirit of forgiveness resonated with me. We can all be more helpful and forgiving in our day to day lives. How have you adjusted your life as a result of the pandemic? For example, putting more emphasis on wellness, new hobbies or interests… I am definitely getting good use out of my Peleton bike, which I acquired during the pandemic. I quite enjoy being able to work out at home. What’s on your reading list these days? Jeffrey Archer, A Prisoner of Birth, and Phil Knight’s story about building Nike.

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ADVICE | PERSONAL FINANCE

4 SIGNS IT’S TIME TO REFINANCE YOUR MORTGAGE

JESSE ABRAMS

The days of record-low interest rates are almost behind us and you’re probably wondering what the impending rate hikes will mean for you and your current mortgage. With inflation and prices rising across the board, you’re likely seeing your monthly expenses inch higher, too. If you’re looking for ways to access additional funds, pay down some debt or lock in a lower rate while they’re still available, it might be time to consider refinancing your mortgage. A mortgage refinance occurs when a homeowner breaks their mortgage before the end of their term (such as year three of their five-year term) to secure a new one. Or, if at the end of their term, they decide to change their mortgage, such as by borrowing more or increasing their amortization period. This can be done with your current, or a different one altogether. Most homeowners will look to refinance for any of the following reasons: TO LOWER YOUR MORTGAGE PAYMENTS

With prices of fuel and food rising, you have likely noticed a spike in your monthly household spending and are trying to budget better as a result. One way to take the burden off your monthly expenses is through a mortgage refinance. Doing this allows you to change the terms of your mortgage contract and increase the length of your amortization, which can help to lower your monthly mortgage payments. 34 HOMES Magazine | June 4–July 2, 2022

For example, let’s say you have 14 years left on your mortgage with a balance of $593,000 remaining. If you want to lower your monthly mortgage payments, you can simply increase your amortization to 25 years. At a 3.7 per cent fixed rate, this will reduce your payments from $4,527.87 to $3,032.68. This saves you $1,495.19 per month and increases the amount of interest you pay over the remainder of your mortgage term.

looking to break your mortgage and refinance, it’s a good idea to do it sooner rather than later. If interest rates have dropped since you first bought your home, you may want to consider a refinance to lock in a better rate. However, before you make any sudden moves, you’ll want to revisit your mortgage contract and see if breaking your mortgage will result in any prepayment penalties. TO BORROW FUNDS

TO CONSOLIDATE DEBT

After two years of a pandemic and the inflationary outlook ahead, we know that life is both unpredictable and expensive. If you or your partner experienced a job loss and have debts piled up, you’re not alone. If you’re paying into a mortgage every month, it’s important to remember how multi-faceted it is and how it can be used to help us achieve various goals, including paying down debt. Through a refinance specifically, you can combine your mortgage with other major debts into one secured loan that makes up to 80 per cent of your home’s value. If you find yourself with highinterest loans such as credit card debt or personal loans, debt consolidation through a mortgage refinance gives you an opportunity to budget better and pay down your debt faster at a much lower interest rate. This can also lower your monthly payments substantially and make it easier for you to pay your debts on time and in full, and thus improve your credit score. TO LOCK IN A LOWER INTEREST RATE

The days of record low interest rates appear to be ending, so if you’re

If you’re looking to borrow funds – whether it’s to pay off lingering expenses or even use the equity to invest in another property – but want to do so at a much lower interest rate, a mortgage refinance could be a great way to do this. Refinancing allows you to access up to 80 per cent of your home’s appraised value in cash, giving you the flexibility to borrow additional funds without the black cloud of a 19.99 per cent interest rate from your credit card. PRO TIP: BE SURE TO SHOP AROUND FOR THE BEST MORTGAGE OPTION

When it comes to refinancing your mortgage, the best thing you can do is shop around to get a feel for what different lenders are offering. Although it is possible to refinance with your existing lender, at Homewise, we always encourage homeowners to explore their options. Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm. thinkhomewise.com

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ADVICE | REAL ESTATE PRO

SPRING INTO ACTION FOR A NEW RESIDENCE THIS SEASON

BARBARA LAWLOR

I have said it before, but it bears repeating: When it comes to shopping for a home or condo, buy new, and buy sooner rather than later. Buying new or preconstruction means you enjoy a multitude of advantages, such as coverage by Ontario’s Tarion Warranty Corp. (tarion.com). The one-, two- and sevenyear coverages protect buyers, depending on the type of defect. Tarion regulates home builders by administering the Ontario New Home Warranties Plan Act. In addition, new homes and condos today have to be constructed according to the standards set out by the Ontario Building Code, so you get the most advanced residence with regard to quality and energy savings. Just think of the money you would likely have to spend to bring a resale home up to these standards. Then have a look at location, which is at the top of most buyers’ must-have lists. Nowadays, newhome builders and developers are selecting properties that are close to amenities and are near to, or even on, public transportation routes. As we emerge from the pandemic and people return to their workplaces, this adds to the appeal of buying new. Buying new also means you reap the benefits of the very latest in architecture and design. On the outside, developers create beautiful facades that may evoke the character of traditional, contemporary, modern

or even avant-garde. And inside, today’s designers make clever use of space, so even the most compact residences “live” larger than their square footage. You can select the home or condo that speaks to your aesthetic sensibility. Of course, buying preconstruction also means you get to choose the colours, features and finishes that satisfy that same sense of aesthetics, as well as the functionality, you require. Your choices truly transform your house or condo suite into your home. Even today’s standard features are more elegant and well made than they were a decade or two ago. Buying pre-construction also typically means you have a few years before occupancy to save toward your down payment. Buyers tend to make use of this period to evaluate what possessions they will take with them and what they might need to purchase. As a bonus, buyers are likely to earn equity even before taking possession. This is an important point, whether you buy purely as an investment or you intend to move in. Either way, owning real estate is a terrific addition to your portfolio. Also, consider the feeling of walking into a brand-new home or condo suite as a big attraction. Like sitting in a new car, you can breathe in that “never-been-used” smell of pristine, freshly painted surroundings. Despite the naysayers who love to predict doom and gloom, the new home and condo market across Toronto and the Greater Toronto Area is strong and steady. This is why I suggest purchasing sooner rather than later. Just look at how properties have increased in value over the years. With immigration

Celeste

numbers on the rise, demand is sure to grow as well. If you have a new residence in mind, don’t wait – spring into action this spring. 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 | HomE REAlty

FIRST-TIME BUYERS GET A BOOST IN FEDERAL BUDGET 2022

DEBBIE COSIC

I hear it all the time: How can firsttime buyers possibly get into the homeownership market with prices the way they are?

The Greenwich in Oakvillage, Branthaven 36 HOMES Magazine | June 4–July 2, 2022

In fact, first-time purchasers continue to find ways – and the recent Federal Budget 2022 has kicked in some perks to help make it even more possible. Potential purchasers now have a Tax-Free First Homes Savings account that enables them to save up to $40,000 toward a down payment. That’s on top of the government of Canada’s Home Buyers’ Plan, which allows them to use up to $35,000 from their RRSPs. The First-Time Home Buyers’ Tax Credit has now been doubled to $10,000, which means qualified buyers who purchased homes after Jan. 1 of this year can claim that amount on their tax returns. This will bring a rebate of up to $1,500, instead of the previous $750. In addition, Canada Mortgage and Housing Corp.’s First-Time Home Buyer Incentive has been extended to 2025. This offers a great opportunity to take advantage of a shared-equity mortgage with the government of Canada, making the down payment more attainable and lowering monthly costs. Those who buy a new home may also qualify for a GST/HST New Housing Rebate to recover some of the GST, or the federal part of the HST paid on their primary place of residence. In Ontario, first-time buyers can also look into receiving a rebate on portions of their land transfer tax. All of this adds up. If, however, buying a first home is still a financial challenge, there are other options to consider, especially while mortgage interest rates are still low. First, get yourself pre-approved for a mortgage at a financial institution. Then, if you need to find more to make your down payment, you might be able to turn to what’s often

referred to as “the bank of mom and pop.” This form of gifting is becoming more common. According to a report by CIBC, about 30 per cent of first-time homebuyers received this form of financial help in 2020. We also see an increasing number of parents co-signing for their children’s mortgages. Having gone through the skyrocketing interest rates during the late 1980s and early 1990s, these parents realize how important it is to get into the market now before interest rates jump more. There is also the option of multiple ownership to help afford the down payment and monthly costs. This may involve family members co-purchasing or friends going in together to own a home or condominium. These buyers can be roommates until they decide to sell someday and split the profits. My main advice is do whatever you can to get yourself into the market. Buying new is ideal, as you avoid moving in and having all kinds of renovation headaches to deal with. Just ask anyone who has bought an older residence. The new budget definitely helps, but you can also do some creative thinking and planning to make your dream of owning a home come true. 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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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

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BUILDER PROFILE

GRAND OPENING FREEHOLD TOWNS WITH 2-CAR GARAGES IN SEATON Fieldgate Homes is now open for purchasing by virtual sales appointments across the GTA. You can connect with by phone, video chat or email them for a secure and convenient homebuying experience. Sales teams are waiting to help you find your perfect Fieldgate Home. Explore these featured communities and contact the company today. PICKERING: SEATON

Grand Opening – freehold towns with two-car garages from the mid $900,000s Make the most of a serene natural landscape and the convenience of incredible big city amenities with the Grand Opening of Seaton in Pickering. Contemporary modern living arrives at the crossroads between old and new, offering a 40

HOMES Magazine | June 4–July 2, 2022

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. Be first to own during the Seaton Grand Opening by registering now at fieldgatehomes.com. MILTON: VALLEYLANDS OF SIXTEEN MILE CREEK

Coming soon to Milton – executive 30-, 36- and 43-ft. detached homes Introducing executive riverside living in a natural enclave setting with Valleylands of Sixteen Mile Creek, coming soon to Milton. Take

advantage of your rare opportunity to own 30-, 36- and 43-ft. detached riverside residences with lots backing onto Sixteen Mile Creek. Moments to southern Ontario’s most acclaimed golf courses and protected greenspaces, retail and restaurants, schools, services and access to the most convenient transit options, embrace a lifestyle unlike any other in Milton. Register now at feldgatehomes. ca for exclusive updates and priority purchase opportunities on Valleylands of Sixteen Mile Creek. NORTH YORK: KENNETH & HOLMES

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 and Finch in an intimate residential enclave connected to everything that matters. Register now at fieldgatehomes. ca for your chance to own in this limited release before it’s too late.

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. Register now at fieldgatehomes.com.

AJAX: ATOWNS

The Park Collection now open – urban townhomes from $1.1 million 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 and mere moments to Lake Ontario. Get the most out of Ajax’s bustling downtown area and enjoy great shopping, tasteful dining, convenient GO Transit, easy access to Hwy. 401 and so much more all nearby.

WEST WHITBY: WHITBY MEADOWS

SHELBURNE: EMERALD CROSSING

STOUFFVILLE: CITYSIDE

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

Coming soon – 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. Featuring a new release of 36- and 40-ft. singles, embrace city sophistication and country charm

Grand Opening coming soon – new release of freehold townhomes, semis and singles 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 townhomes, semis and 36- and 42-ft. 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.

from an ideal neigbourhood located close to Markham, Hwys. 404 and 407, and the Stouffville GO station. Register now at fieldgatehomes.com. 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. NORTH OSHAWA: DREAMSCAPE

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

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BUILDER PROFILE | SOUTHERN ONTARIO

BRAESTONE ESTATES THE FINAL CHAPTER TO A REMARKABLE STORY Enter a world unlike any other at Braestone Estates. This unique community tells a tale of connection – with the land, with history and with each other. These are the hallmarks of Georgian Communities, which puts heart and soul into every new home. Builders of quality homes across southern Ontario, it’s not simply the attention to detail or superior craftsmanship that sets Georgian Communities apart. Driven by the desire to provide incredible neighbourhoods that embody the timeless values of community, the 42 HOMES Magazine | June 4–July 2, 2022

company strives to build homes in unique locations carefully selected for their proximity to nature and connection to an enriched lifestyle. Over the past two years, countless families have left the GTA in search of a community in touch with nature, and have found homes with Georgian Communities. Because these are places where families and friendships will grow, and where every resident can live remarkably. Inspired by the rolling hills and lush countryside of the OroMedonte region of Horseshoe

Valley, Braestone was designed as a reimagining of the classic Country Estate. The keystone of this community is Braestone Farm, a fully functional working farm that sets the tone for the entire neighbourhood. Horses graze in greenfields, crops grow year after year, and the beautiful landscape transports you to a simpler time. Every element of this neighbourhood touches on the inspiration of the farm, from architecture and interiors to amenities – even the street names reflect these values, each chosen for

the horses that were so integral to the history of the land. More than 560 acres of tranquil countryside. Incredible estate lots averaging one acre for every family. Panoramic views of nature. Combined with the unique character of the modern farmhouse architecture and unparalleled amenities, life at Braestone sounds too good to be true. Yet from planning to production and beyond, it continues to live up to every promise. Its nature has been praised by countless happy homeowners, but also recognized for various awards on an international level, including Best New Home Community from the prestigious CHBA Awards. The truest sense of community and connection is built here, where families live together around the berry patches, orchards and nature preserves. Residents of Braestone have access to the neighbouring Braestone Farm and its bounty, with fresh produce and honey available for purchase to make eating locally grown food easier than ever. Starfall Park brings you closer to the stars, a series of ponds can be enjoyed throughout the seasons,

and an extensive trail system invites exploration. These are just a taste of Braestone’s Remarkables, born of the natural landscape to offer residents an enriching lifestyle leagues beyond the experiences that can be found in a big city. From a toboggan hill and a Christmas tree farm and beyond, the Remarkables are even bigger than your imagination. With so much available right at home, residents of Braestone have everything they need, and more. But not far from the farm are even more opportunities for an incredible lifestyle. Horseshoe Valley and Copeland Forest are just around the corner, with Braestone Club – where an extraordinary new clubhouse and The Ktchn restaurant offer yet another remarkable amenity – only minutes from home. Opportunities to ski, golf, explore and dine are as endless as the horizons, and between Barrie and Orillia, city conveniences are never far. Many exciting things are happening at Braestone in 2022. Just last winter, for example, the inaugural Braestone Winter Classic pond hockey tournament took place at Braestone Farm. This resident-based, volunteer-run fundraiser, supported by Georgian International (the parent company of Georgian Communities) and Braestone Farm itself, as well as The Kitchn Restaurant, raised an incredible $70,000 for the Simcoe Muskoka Regional Cancer Centre. Scheduled to return in February 2023, this annual fundraising event displays exactly how the values of community at Braestone have already grown strong in the first phases of the neighbourhood.

As the community continues to grow, Georgian Communities has released the very last phase of Braestone. Phase 8 is a uniquely private enclave of just 16 homesteads located on Friesian Court, where it will be separate, but also inclusive to the rest of the neighbourhood. Residents will still have convenient access to all of Braestone’s Remarkables from a short path through the trail networks across the property, yet benefit from a quiet, secluded cul-de-sac. This will be the grand finale of this incredible community, but its story will live on in every family that calls Braestone home and every beloved memory made here. To learn more about Braestone’s Remarkables, its beautiful modern farmhouse architecture, and the release of Phase 8 of Braestone Estates, visit braestone.ca.

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BUILDER PROFILE

EDGEWOOD GREENS LIVE FAMILY-FRIENDLIER IN THE VILLAGE OF DUNDALK

The beauty of introducing a masterplanned community to an open, country-like setting is that the building team has a relatively blank canvas to work with when crafting and sculpting the land to their unique vision. Such is the honour that Flato Developments has enjoyed with its Edgewood Greens community in Dundalk, which is located just a short drive north of Brampton. Flato’s vision is to build the perfect suburban community. A place where the air feels fresher, the sun shines brighter, the grass is always greener and there’s a proud spirit that connects the local community. That’s why Flato has gone to great lengths to incorporate a number of familyfriendly amenities within Edgewood Greens’ environs. 44

HOMES Magazine | June 4–July 2, 2022

The overall community design focuses on uplifting the natural greenspaces, waterways and ponds to provide an engaging trail network throughout Edgewood Greens. These linkages serve to interconnect the various active and passive activities designed to appeal to residents of all ages. Amenities include a charming kid’s playground, two mini soccer fields so children can grow up with a natural joy for the beautiful game, open fields where families can throw a frisbee or football around, and a formal gathering area highlighted by a gazebo. The meandering community trail is lined by beautiful trees like maples, oaks and pines, along with shrubs such as sumac and red dogwood. These plantings have been designed

to enhance the location’s biodiversity and maintain the feeling of a countryside community that brings people together over life’s simple pleasures. Another exciting feature that Flato is incorporating into Edgewood Greens is two heritage pedestrian bridges that the township no longer needed. Originally scheduled to be decommissioned, Flato was delighted to preserve these historic treasures and incorporate them within the trail system so residents can cross over the creek that runs through Edgewood Greens. In delightful contrast to Dundalk’s country-like setting, there’s a surprisingly modern energy to this charming village. Many first-time visitors to Dundalk are pleased to see

how much the village has to offer: Groceries and hardware stores, charming cafes and restaurants, plus the obligatory Tim Hortons. 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. In Edgewood Greens, families are treated to big homes on bigger lots so there’s always room to kick a ball around in the backyard. A unique hidden gem, here purchasers can enjoy greater value for a smaller price – with spacious homes up to 4,000 sq. ft. Flato always strives to help homebuyers purchase the home of their dreams easier with progressive financing plans such as a flexible deposit payment structure. For the recent launch of Edgewood Greens in April, Flato also introduced a first-time buyers incentive program aimed at helping them make that big, gratifying leap into homeownership. The flexible down-payment structure enables purchasers to invest less money upfront and make gradual, bite-sized payments up till the time of possession, to keep that hard-earned money in their savings account longer. Monthly payments can be as low as $2,500. The first-time homebuyer’s incentive for Edgewood Greens will also feature cash back opportunities of up to $40,000 at multiple junctures in the process before closing, providing purchasers with extra cash infusions that can be used toward future down payments or closing.

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, Flato 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. To learn more about all of Edgewood Greens’ gracious amenities and Flato’s innovative first-time homebuyer incentive, contact Christine Brayford and Sabina Morell at edgewoodgreens@christineandsabina.com or 1.844.952.1535 to book an appointment at the sales office in Beeton.

nexthome.ca

ADVICE | WESTERN VIEW

FEWER LOCKS, MORE DOORS PROVINCE MUST ADDRESS HOUSING CRISIS FOR TODAY AND TOMORROW

MIKE COLLINS-WILLIAMS

One-and-a-half million. Read that again. One-and-a-half-million. That’s how many homes need to be built over the next decade, just to keep up with Ontario’s expected population growth. At our current rate, we are simply not building enough to keep up with that demand. “We must dramatically increase housing supply and variety, to ensure everyone has a fair shot at attaining a home that works for their needs,” says Bob Schickedanz, president of the Ontario Home Builders’ Association. “Now is the time for political parties to commit to fixing the endless process, regulation and restrictions that have made it impossible to build more homes at the rate we need.” The numbers are staggering – and not just home prices. Ontario’s Ministry of Finance projects the population will grow by 2.27 million

46 HOMES Magazine | June 4–July 2, 2022

people over the next decade, leading to approximately 910,000 net new households, primarily couples planning on having children. Of those households, it’s estimated that 195,000 of them will live in highrise units, while the rest will live in all other home types, at a time when Canada has the lowest amount of housing per population of any G7 country. Those are needs for 10 years from now, but if we look a decade back, the average price of a home in 2011 was $329,000. Today, you have to reverse the “9” and the “3” for an average 2022 price of $923,000. That’s a 180-per-cent price jump, while the average income has increased by only about 38 per cent. One can only imagine what it will be in another 10 years if we don’t build more housing, starting right now. “We won’t be able to regulate or tax our way out of this shortage; we’ll only be able to build out of it,” Schickedanz says. And he means not just detached homes for single families; it’s townhouses, duplexes and triplexes, so that we have the right mix of homeownership. Building more homes for the future will mean voting and governing to change red tape laws today, particularly around zoning regulations. For example, in medium-sized cities such as Hamilton and Burlington, a huge percentage of land has zoning restrictions limiting housing options to only singledetached homes. Combine those zoning rules, the average price

increase gaps between homes and wages, and it’s no surprise that between July 2019 and July 2020, 60,000 people left Toronto and Peel Region for other parts of the province, driving to qualify for family-friendly housing that met their needs. Now prices have increased in those areas outside of the GTA as well, and with demand only growing, all parties need to have housing as their top priority. “If you go back five years, about 100,000 people have left the Greater Golden Horseshoe to find homes elsewhere, and here is where the housing crisis affects everyone,” Schickedanz says. “Migration like that affects everything – employment, labour availability, the buying power of locals who are pushed out of the market.” The OHBA says the provincial election campaign marks a critical point in the crisis. All parties must show not only how they will increase supply to get those million homes built, but also that it is the right mix of housing, which will require addressing those outdated red tape regulations. Otherwise, Schickedanz says, the numbers may be much, much more difficult to digest 10 years from now. Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

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Greater Toronto Area Dec. 19, 2020–Jan. 30, 2021

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HOMEBUYER INTENTIONS STILL STRONG: SURVEY

WHERE MORTGAGE RATES ARE HEADED IN 2021

HOMES MAGAZINE

NORTH REGION FEATURING PROFILES OF NORTH REGION ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF DEmOCRAT HOmES. FOR mORE INFORmATION SEE PAGE 49.

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach 48 HOMES Magazine | June 4–July 2, 2022

HOMES MAGAZINE

SOUTHWESTERN ONTARIO FEATURING PROFILES OF SOUTHWESTERN ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF DUNPAR HOMES. FOR MORE INFORMATION SEE PAGE 51.

Brantford • Burlington • Cambridge • Georgetown • Guelph Halton Hills • Hamilton • Kitchener-Waterloo • Milton Niagara • Oakville • Stoney Creek • And Surrounding Areas 50 HOMES Magazine | June 4–July 2, 2022

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INSPIRATION |

product showcase

n o i t a r i p s in

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CoMposite deCKiNG You’ve probably heard about composite decking. Composite deck boards are known for their durability. Compared to wood, they require far less maintenance, offering long-lasting colours and finishes that never need to be sanded, stained, or painted. The experts at Deckmart are happy to answer any questions you have about low-maintenance decking products. They offer a full line of composite decking selections, and invite you to stop into their showroom or visit their website to see first-hand the quality and durability of products DeckMart supplies. DECKMART BUILDING SUPPLIES | deckmart.ca

Sustainable innovations

Silestone by Cosentino, first introduced in 1990, focuses on maximizing nature’s resources from its origins. A consistent in the industry, Silestone brings colour into kitchens across the globe, has a hygienic countertop, and a continued focus on environmental initiatives. Using a high-performance blend of premium minerals, quartz, and recycled materials, the innovative new HybriQ technology marks an entirely new product composition and manufacturing method, a highly efficient sustainable manufacturing process. COSENTINO | cosentino.com

52 HOMES Magazine | June 4–July 2, 2022

A beautiful oasis

Create a beautiful oasis from the heat and sun with the Multifunction Stellar Parasol. The canopy conveniently opens and closes by using a crank-lift system, and features a 360-degree rotating function. This parasol will turn or tilt exactly as you want it and it comes with solar LED lights! D.O.T. FURNITURE | dot-furniture.com

MooNstoNe CoLLeCtioN Moonstone is a coloured body porcelain stoneware collection available in five colours and two different patterns: stone and vein. Inspired by Brazilian quartzite, Moonstone reproduces the original textures and unique attributes of these remarkable stones. Offered in three finishes, lappato, natural and outdoor, as well as a wide range of formats, Moonstone is ideal for adding character to floors and coverings, giving spaces a natural appearance. Ideal for interior and exterior applications on walls and floors, in residential and commercial projects. CIOT INC. | ciot.com

Keep outside out Combat the summer heat with energy-efficient JELDWEN windows from the Northern Tri-Pane Collection. This cutting-edge collection offers exceptional benefits such as improved insulation and noise reduction, superior home comfort and greater durability. Northern Tri-Pane Collection windows qualify for all provincial and federal rebates, including the Canada Greener Homes Grant. JELD-WEN WINDOWS & DOORS | keepoutsideout.com

Geometrical game changer It’s time to think outside the box. The new geometrical HEX shower drain by Serenity is definitely a game changer. In a world with infinite possibilities, why settle for ordinary? This six-sided beauty comes in four trending finishes, including brushed gold, matte black, brushed nickel and gold. There are also custom split-finish options available. SERENITY LUXURY | serenity.luxury

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HOT PROPERTIES

FIND YOUR NEXT HOME

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

MAP

LOCATION

SITE

ADDRESS

CONTACT

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

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

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

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

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

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

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

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 | June 4–July 2, 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.

Newmarket....................................Elia ............................................................................... Leslie & Gorham St. .................................................................stateviewhomes.com

41.

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

42.

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

43.

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

44.

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

45.

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

46.

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

47.

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

48.

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

49.

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

50.

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

51.

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

52.

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

53.

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

54.

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

55.

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

56.

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

57.

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

58.

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

59.

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

60.

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

61.

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

62.

Stouffville ......................................Cityside ....................................................................... 12466 Ninth Line ...................................................................... fieldgatehomes.com

63.

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

64.

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

65.

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

66.

Vaughan .........................................The Manors ............................................................... Teston Rd. & Pine Valley Dr. ...................................................goldparkhomes.com

67.

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

68.

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

69.

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

70.

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

71.

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

72.

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

73.

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

74.

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

75.

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

76.

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

HOT PROPERTIES | GREATER TORONTO AREA

7 4 5 3 58

57 49

50 56

52 53 24

55 37 30

75 64

29 17 65

11 10 13

12 20 25 18 19

28 9

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16 25 27 26

56 HOMES Magazine | June 4–July 2, 2022

62 42

74 73 71

32 39

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47 70

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MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca

HOT PROPERTIES | OUT OF TOWN EAST

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

erso n

La k

e Dr

MAP wy W

1. 2. 3. 4. 5. 6. 7. 8.

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 Newcastle ......................................Belmont ...................................................................... West Coast ...........................................................................................treasurehill.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 | June 4–July 2, 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

6 11

CARTOGRAPHY: MARKETMAPS.COM

12 13 3 10

MAP 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

LOCATION

SITE

ADDRESS

CONTACT

Barrie ..............................................Hampton Heights .................................................... Essa Rd. & Ardagh Rd. .............................................................stateviewhomes.com Barrie ..............................................FOUR10 Yonge ......................................................... 410 Yonge Street ............................................................................... masonhomes.ca 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 North Region ................................Shelter Cove .............................................................. 15 Cricklewood Cres., Nanticoke ..................................................... sheltercove.ca Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com Owen Sound.................................Greystone Village..................................................... 1800 2nd Ave. E...................................................................................flatogroup.com

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nexthome.ca

HOT PROPERTIES

FIND YOUR NEXT HOME

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

MAP

LOCATION

SITE

ADDRESS

CONTACT

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

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

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

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

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

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

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

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

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 .............................................The Valleylands ........................................................ Mayfield Rd. & Chinguacousy ............................................... fieldgatehomes.com

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 | June 4–July 2, 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

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA 27

KITCHENER–WATERLOO

Guelph 17

Waterloo 12 Kitc

16 15

hener

Milton

13 18

32 34

33 19

Cambridge 1 5

3 70 67

75 77

Brantford

Hamilton

71 9 10

LONDON

23 69 20

66 85

London 22 21

26 72

25 24

62 HOMES Magazine | June 4–July 2, 2022

81 31

Mississauga

63 57

51 55 65 66

64 Oakville 54

58 64

MAPS Burlington

39 46 6

41 37

45 34

St Catharines

50 33

Niagara Falls 79 44 40

38 48

47 42 43

36 35

Welland

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca

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64 HOMES Magazine | June 4–July 2, 2022

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