GTA Homes Magazine - December 19, 2020 by NextHome

nexthome.ca | myhomepage.ca

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

Toronto’s Finest NEW HOME GUIDE

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INSIDE:

HOMEBUYER INTENTIONS STILL STRONG: SURVEY

WHERE MORTGAGE RATES ARE HEADED IN 2021

“We’re in the business of not just building homes, but communities.” - Flato President, Shakir Rehmatullah

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As per plan. Renderings are artist's concept. Prices, terms and specifications are subject to change without notice. E. & O.E. AsAs per per plan. plan. Renderings Renderings are areartist's artist'sconcept. concept.Prices, Prices,terms terms and and specifications specifications are are subject subject to tochange changewithout withoutnotice. notice.E.E.&&O.E. O.E.

Wishing You All The Best Please Stay Healthy & Stay Safe! Wishing You You All All The The Best BestPlease PleaseStay StayHealthy Healthy&&Stay Stay Safe! Safe!

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live remarkably. It all begins with a sense of place. Understand the land, and you can see the community. We listen to what nature tells us, before we put pen to paper. That sense of place helps to determine the design and character of each community’s inspiring architecture and thoughtful amenities that are true to its setting. Ask yourself if what you’re looking for is a place to live – or a place to Live Remarkably.

GEORGIAN CO MMUNI T I ES

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DEC. 19, 2020–JAN. 30, 2021

CONTENTS COVER STORY

20 Mountainview Building Group MASTERFULLY DESIGNED HOMES DESIGNED WITH FAMILIES IN MIND 8 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

30 Legally Speaking Estate planning during the pandemic

42 Personal Finance Where interest rates are headed in 2021

Editors choice

43 Home Realty Now is the ideal time to enter the real estate market

44 Real Insight

24 GERANIUM HOMES Model Home Feature: Allegro Downtown Aurora

Strong single-family home resales in the GTA in November

66 Industry Report

36 DEPARTMENTS

Editor’s Note Prepare for the boom

HOMES Magazine online

Inside the GTA In and around the city

26 Special Report Survey: Homebuyer intentions still strong

COLUMNS

29 Stat Chat Where is the next hot spot for housing in the GTA?

Why BILD supports Ontario’s changes to housing regulations

HOMES NEWS

Minto Communities takes home multiple OHBA awards

Aoyuan International launches M2M Phase Two

Home price growth to continue in 2021

IN EVERY ISSUE

Contributors

45 North Region 49 Southwestern Region 54 Maps & Charts for new home communities 64 Index of Advertisers

GEORGIAN COMMUNITIES Establishing neighbourhoods inspired by nature

34 FLATO HOMES Community minded builder gives back all year round

36 STATEVIEW HOMES Helping families through support of SickKids Hospital

PLAZA Award-winning condo developer goes lowrise with King East Estates in Richmond Hill

40 FIELDGATE HOMES New communities have something for everyone

46 DEMOCRAT HOMES Forest Heights Estates a winter wonderland in Horseshoe Valley

nexthome.ca | myhomepage.ca 9

CONTRIBUTORS

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

CHIEF REVENUE OFFICER

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

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

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

Rise Levy

CONTRIBUTORS

Jesse Abrams, Debbie Cosic, Ben Myers, Lisa Patel, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES NEXTHOME

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

Jessica Wilson 416.873.1049, jessica.wilson@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@nexthome.ca DIGITAL SALES MANAGER

STAT CHAT | BEN MYERS

Amanda Bell

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

VICE-PRESIDENT MARKETING/MEDIA/PROMOTION

Leanne Speers

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset

REAL INSIGHT | LISA PATEL Lisa Patel is President of the Toronto Regional Real Estate Board, a professional association that represents 54,500 professional realtor members in the Greater Toronto Area. You can contact her at trebpres@trebnet.com. trreb.ca

DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs

VICE-PRESIDENT PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

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

Hannah Yarkony GRAPHIC DESIGNERS

Johannah Lorenzo, Mike Terentiev, Alice Wu

Published by

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

Advertising Call 1.866.532.2588 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 – $30 (inc. HST) 2 years = 26 issues – $45 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416. Copyright 2020 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.

10 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Crafting Distinctive Niche Communities StateView Homes is a different kind of builder fusing innovative design and meticulous craftsmanship with unprecedented customer service to create an exceptional experience for homeowners. But that’s just part of the story. StateView also seeks to inspire hope in people who need it most, whether it’s donating a percentage of every home sold to SickKids, or supporting local organizations in the communities they build. Inspiration. It’s at the heart of every StateView home and every StateView community. Live Inspired in a StateView Home. NAO Towns - Markham

The Enclave - Kleinburg

On The Mark - Markham

Now Selling - Detached Homes Starting From $1.3M

Now Selling - 93 Townhomes From The High $900s

stateviewhomes.com Renderings are artist’s concepts only. Prices and specifications are subject to change without notice.E.&O.E.

EDITOR’S NOTE

PREPARE FOR THE BOOM

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

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

+ get social

It may be hard to see at this point as we approach the end of a very challenging year and, at time of writing, Toronto and other parts of the GTA are in lockdown, but… good things are coming. First and most importantly would be the beginning of resolution to the COVID-19 pandemic, whether it’s a gradual reduction of cases through the restrictions and other health measures, or – and this can’t come soon enough – a vaccine that helps protect us all from the virus. While no one can predict the exact timing, it’s reasonable to conclude that we will get to a point where life can return to normal – or, a permanent new normal – in 2021. And then will come a return to the stability, eventual growth and prosperity in the economy, and all that follows in the housing market. Keep in mind that before COVID-19 struck in early 2020, the economies and housing markets in the GTA and elsewhere in Ontario were the envy of much of Canada. And even throughout the pandemic, real estate in the province has continued to excel, judging by the home price growth in many areas – in many cases in double digits. Understandably, the uncertainty has caused some homebuyers to pause their plans, waiting to see how everything plays out. Others, however, confident in their finances and employment and who have been following the housing markets, know that it’s a good time to buy. But don’t take our word for it. “When we look at the overall numbers so far in this very unusual year, it’s clear that the demand for the homes our industry builds is not going anywhere,” David Wilkes, BILD president and CEO, writes in the Industry Report on page 66. “In spite of the challenges brought on by the pandemic, year-to-date new home sales in the GTA are up 11 per cent compared to the same period last year and two per cent above the 10-year average.” Adds Debbie Cosic, CEO and founder of In2ition Realty: “This is a rare opportunity to jump into a market with great offerings of historical low interest rates as low as 1.65 per cent, and some excellent incentives being offered by developers. You want to buy your new home or investment property today – prior to the 450,000 projected immigrants entering the country, which will create even more pressure on supply and pricing.” There are plenty more comments from other experts in the content in this issue – some of them even use the word boom. Then there’s the insights in our Real Estate Survey on page 26. It’s clear from this report that prospective buyers in the GTA and surrounding areas are paying close attention to the markets and changing consumer trends. And they know what they want. And they’re using this time to prepare.

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12 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

You are the Greenprint

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

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

NEW COMMUNITY

StateView Homes offers stately residences in Markham for those who value the finer things in life Known for crafting distinctive niche new home communities, StateView Homes’ tagline “Live Inspired” is realized in every neighbourhood the company creates.

PROFILE

In Conversation With... Lee Piccoli, Founder and CEO, Fusion Homes. When Lee Piccoli founded Fusion Homes in Guelph, Ont. 20 years ago, his goal was to build “a company that earned customer trust by combining quality with an unparalleled customer experience.” Safe to say he’s done that, in style.

MORTGAGES

How to get the right mortgage while rates are at all-time lows Mortgage rates are at all-time lows, but it’s important to look beyond just the rate and understand the different mortgage options and features that can save you thousands of dollars over the long term.

Need some home shopping advice? These recent new-home buyers share their experiences These recent happy GTA new home and condo buyers share their experiences – what and where they bought, and what went into their decision-making process. Visit or check us out on

@HOMESMagazineON

14 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

INSIGHT

We’re not building enough housing... yeah, you heard me The only way to prevent the housing crisis in the GTA from getting much worse is to continue to build at a record pace. Housing industry consultant Ben Myers explains.

nexthome.ca @HOMESMagazine.Ontario

@homesmagazine

IN THE SPOTLIGHT

GTA NEW HOME SALES KEEP PACE IN

OCTOBER September was another busy month for the GTA new home market, according to the Building Industry and Land Development Association (BILD). Sales of new single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), with 2,334 units sold, were up 168 per cent from last September and 110 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. It was the strongest September for new single-family home sales since 2003. Condominium units, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 2,603 new home sales, up 15 per cent from September 2019 and 33 per cent above the 10-year average. “While demand for both highrise and lowrise homes was strong in

September, the clear insight of the last few months is how quickly consumer demand can evolve,” says David Wilkes, BILD president and CEO. “We need to make sure that policy and regulations are flexible and adaptable enough to accommodate market demands, from increased demand for lowrise homes to condo units that reflect current market conditions both in size and built form. Recent changes made by the provincial government bring an increased market focus, but

translating that to the market at the municipal level will take time. This is why BILD is encouraging municipalities to start now with the implementation of these new provincial directions.” The benchmark price for both single-family homes and condominiums rose in September. The benchmark price for new condo units was $1.01 million, which was up 20.9 per cent over the last 12 months. The benchmark price for new single-family homes was $1.17 million, up 9.1 per cent over the last 12 months.

OCTOBER NEW HOME SALES BY MUNICIPALITY Region Durham Halton Peel Toronto York GTA

Condominium units 2020 2019 2018 47 44 64 113 438 318 434 498 172 954 1,753 2,968 792 684 95 2,340 3,417 3,617

Single-family homes 2020 2019 2018 501 250 48 215 292 71 385 423 148 33 20 69 780 344 118 1,914 1,329 454

Total 2020 2019 2018 548 294 112 328 730 389 819 921 320 987 1,773 3,037 1,572 1,028 213 4,254 4,746 4,0718 Source: Altus Group

MINTO COMMUNITIES TAKES HOME MULTIPLE OHBA AWARDS OF DISTINCTION Minto Communities GTA, one of Ontario’s leading real estate development companies, was recognized with a series of wins at the recent Ontario Home Builders’ Association (OHBA) awards, including the coveted Prestige Award for Lowrise Project of the Year for Markham master-planned community Union Village, created in collaboration with Metropia. Downtown Toronto property 123 Portland took home top honours in architectural design, winning Highrise Building (11-Plus Storeys), and Union Village was recognized for its design, winning the Production Built Home (Two Storeys up to 2,500 Sq. Ft.) award. Both projects received recognition for branding and advertising, with Union Village winning Lowrise Project

Sales Brochure (One to Three Storeys) in the image and advertising category, while 123 Portland took home Highor Midrise Ad Campaign (Four-Plus Storeys) and High- or Midrise Project Logo Branding (Four-Plus Storeys). “It’s an honour and a privilege to be recognized by the Ontario Home Builders’ Association Awards of Distinction for such marquee awards in both the lowrise and highrise categories,” says Dave Robins, division president, Minto Communities GTA. “Despite the challenging year we’ve all faced, we’ve received an incredible response to projects like Union Village and 123 Portland. Now, more than ever, we recognize that our home is everything, and we’re proud to offer community members

superior quality developments in both urban and suburban markets.” Master-planned community Union Village will comprise 1,200 homes once completed, offering a mix of single-family, back-to-back townhomes, rear-lane townhomes and traditional townhomes. The community features two parcels of development split down the middle by the Bruce Creek. Drawing inspiration from the stunning natural landscapes of the area, the teams at Minto Communities GTA and Metropia prioritized sustainability, green and community gathering spaces, and striking architecture and design in a wide range of styles through the planning process. minto.com nexthome.ca | myhomepage.ca 15

IN THE SPOTLIGHT

AOYUAN INTERNATIONAL LAUNCHES M2M PHASE TWO Aoyuan International continues its transformation of the former Newtonbrook Plaza, the 8.6-acre development near Yonge and Finch subway after submitting a site plan application for the second phase of the project. The submission details Aoyuan’s plans to rebuild the arterial site to become a complete mixed-use community and family-friendly destination for both residents and adjacent neighbours. Phase Two will include commercial office space, retail frontage on Yonge Street, a new park, a city-operated community centre and daycare spaces, alongside residential condominium units. “The vision for M2M has always been a complete community designed to promote a healthy lifestyle,” says Vince Santino, senior vice-president, development, Aoyuan International. “For us, that means a diversity of uses, more liveable spaces and a real connection to the surrounding area. With Phase Two, we’re going to see a lot of our community-focused elements materialize, with the community centre, daycare spaces and the

public park all scheduled to be delivered. We’re really excited, because that’s when you start to see the real integration between our development and the surrounding neighbourhood.” Designed by Wallman Architects, Phase Two comprises a two-tower project, with a shared podium. With design details still being refined, the early focus was on organizing the individual uses in the building and expanding the community centre to maximize the offering of services and planned programming to serve the Yonge-Finch area residents. In terms of the residences, Santino says Phase Two will continue to emphasize a range of options for purchasers, with a focus on delivering more liveable spaces. Suites will range from one- to three-bedrooms as well as twostorey townhouses, with a greater mix of two-bedroom units throughout. aoyuaninternational.com

DUNPAR SUPPORTS TORONTO FAMILIES FOR HOLIDAY SEASON Families try to support one another, and this year, Dunpar Homes and the John Zanini Foundation did just that. The company supported the Second Annual Kelly Marie Atyeo Holiday Toy Drive, a cause that is close to the hearts of a new Dunpar resident family. Kelly Marie Atyeo and her husband, Joshua Fick, purchased a Dunpar Home in Lake Shore Village in 2018. Kelly had recently started a toy drive to donate gifts at the holiday season to children in need in Toronto. When Kelly suddenly passed away last year at the age of 31, Kelly’s husband, her sister Carolyn and her mother Lena knew they had to continue on with Kelly’s dream of collecting toys for the Salvation Army’s Toy Mountain. Dunpar reached out to all its staff and residents and followers on social media who generously filled three large boxes, placed at different locations throughout the city, with toys for all ages. On Saturday, Nov. 28 Michael DiPasquale, COO of Dunpar, delivered them to Kelly’s family, who presented them to the Salvation Army. dunparhomes.com 18 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Left to right, Michael DiPasquale, Joshua Fick, Carolyn Atyeo and Lena Atyeo and Lucia get ready to load toys into the U-Haul for the Salvation Army’s Toy Mountain toy drive.

IN THE SPOTLIGHT

HEALTHY HOME PRICE GROWTH TO CONTINUE IN 2021: REMAX ReMax Canada is anticipating healthy housing price growth in 2021, with move-up and moveover buyers continuing to drive activity in many regions. An ongoing housing supply shortage is likely to continue, presenting challenges for homebuyers and putting upward pressure on prices. Due to these factors, the 2021 ReMax Housing Market Outlook Report estimates average residential sales prices in Canada will increase between four and six per cent. “We’ve seen a lot of anecdotal evidence since the summer that households are considering significant lifestyle changes by relocating to less dense cities and neighbourhoods,” says Christopher Alexander, executive vice-president and Regional Director, ReMax of Ontario-Atlantic Canada. “This has sparked unprecedented sales this year in suburban and rural parts of Canada and we expect this trend to continue in 2021.” Despite the disruption of the virus, consumers are feeling optimistic, according to a Leger survey conducted on behalf of ReMax Canada, with 52 per cent of Canadians eyeing real estate as one of the best investment options in 2021, and expressing confidence that the market will remain steady next year. An increase in housing market activity that came post-lockdown during the first wave of the pandemic last summer is a good indication of what may lie ahead. Despite a second round of lockdowns this fall, ReMax brokers and agents across OntarioAtlantic and western Canada continue to be optimistic about the housing market in 2021.

COVID-19 IMPACT

While many economists predicted employment disruptions would negatively impact the Canadian housing market, the pandemic directly influenced only six per cent of Canadians to sell their home, according to the survey. Furthermore, 40 per cent of Canadians realized that their home needed renovations during the pandemic, and 29 per cent discovered that they need more space. When it comes to where Canadians would prefer to live – urban, suburban or rural – they are evenly split, with roughly three in 10 preferring to live in each area. In fact, many suburban markets across the country have been heavily impacted by out-of-town buyers, a segment that is expected to drive market activity in 2021. Unsurprisingly, younger Canadians (less than 35 years of age) are significantly more likely to have realized they need more space and are motivated to move out of their current neighbourhood. ONTARIO MARKET

According to the ReMax broker network in Ontario, market activity

across the province is estimated to remain very steady in 2021, with the potential for average sale price increases of between seven and 12 per cent in regions such as London (10 per cent), Kitchener-Waterloo (seven per cent), Hamilton-Burlington (seven per cent), Niagara (12 per cent), and Kingston (10 per cent), Cornwall (10 per cent) and Thunder Bay (10 per cent). This is being attributed to high demand and low supply, coupled with shifting home-buying trends toward local liveability factors such as more space, larger yards and closer proximity to amenities like parks. The urban-to-suburban buyer interest in Ontario has impacted Toronto’s downtown core, specifically for condos, which is currently a buyer’s market. Supply levels throughout Toronto are continuing to drop and are not expected to improve in 2021, which will impact average home prices. Immigrants are also expected to drive some market activity next year, which alludes to those coming to Toronto for education purposes, along with the expected influx of immigration from outside the country.

AVERAGE PRICES, SELECT ONTARIO MARKETS MARKET

2019

2020

2021 EST.

Barrie

$492,779

$547,621

$569,525

Brampton

$727,035

$835,088

$876,830

Durham Region

$611,342

$696,351

$717,241

Hamilton-Burlington

$569,919

$651,418

$697,017

Kitchener-Waterloo

$530,376

$630,820

$674,977

Mississauga

$760,345

$880,374

915,588

Niagara

$449,410

$533,198

$597,181

Oakville

$1.026M

$1.169M

$1.227M

Toronto

$819,832

$918,883

$974,015

SOURCE: REMAX 2021 CANADIAN HOUSING MARKET OUTLOOK

nexthome.ca | myhomepage.ca 19

COVER STORY

MOUNTAINVIEW BUILDING GROUP MASTERFULLY DESIGNED HOMES BUILT WITH FAMILIES IN MIND AT WEST COMMUNITY IN THOROLD Imagine a home in a beautiful, family-friendly community in one of Ontario’s most beautiful regions. A home where your family can play, laugh and grow. One where you can make memories to last a lifetime. That’s what you’ll find in West Community — a quiet community with big-city amenities; it’s all you need and more. West Community is Thorold living at its best. Phase 8 of West Community is coming soon to Thorold. Located in the heart of Niagara region, this 20 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

collection of single-family homes and townhomes sits in a beautiful, family-friendly neighbourhood just minutes to St. Catharines, Niagara Falls, and the U.S. border, and an hour to bustling Toronto. The area has plenty for everyone, including a quaint downtown, shopping, dining, entertainment and stellar education options such as Brock University. Greenspaces are abundant for recreation, and you’re just a short distance from the lake for summertime outings.

Inspired by families, every home in West Community offers modern floorplans with open-concept kitchens, luxurious master suites, and mudrooms designed with family living in mind. The care and attention to detail that Mountainview Building Group is known for is evident in the quality finishes, exceptional building standards, and functional spaces. At West Community, your family will find the perfect home to make memories in. To ensure your new home meets your family’s every need, you’ll visit the Design House and browse more than 3,000 sq. ft. of luxury finishes and design options to customize your home. Your dedicated Design House consultant will be there for you every step of the way, ensuring that the final result is a home that fits your style and your budget. Phase 7 sold quickly, so don’t miss your opportunity to make your home in Thorold’s West Community. For more information or to arrange a time to visit the sales centre, contact westcommunity@mountainview.com or call 905.227.1044.

DISCOVER FOUR STOREYS OF SOPHISTICATION AT ONE TWENTY CONDOMINIUM, PART OF THE ONE FONTHILL CONDOMINIUM COLLECTION BY MOUNTAINVIEW BUILDING GROUP

Welcome to sophisticated condominium living in beautiful Fonthill. One Twenty is where luxury and carefree living meet. Where country charm and big city amenities are blended. Where your suite is a perfect reflection of you. Welcome home to One Twenty by Mountainview Building Group, where you’ll discover your dream lifestyle. One Twenty, the first phase in the coveted One Fonthill Condominium Collection, offers 50 residences and nine thoughtfully designed floorplans – each crafted with easy, sophisticated living in mind. One Twenty starts from the low $500,000s, and closings are expected to be April 2022. Limited suites remain, so don’t wait to discover open concept living, luxury finishes, open-air balconies, chef kitchens and modern suites ranging from one bedroom with den, two bedroom and two bedrooms with den. nexthome.ca | myhomepage.ca 21

The masterfully designed exterior of clean lines, modern wood panel siding, and sleek shades of grey, combined with impressive amenities, including a private party room, elegant lobby and underground parking garage, make this community highly sought after. Residents will enjoy maintenance-free, sophisticated living at its best! At One Twenty, residents are part of a neighbourhood where they can walk out their door and be surrounded by shops, restaurants, trails, Fonthill’s newest community centre, and more. Fonthill is one of Niagara Region’s most coveted communities. Offering truly remarkable living, it’s where small-town charm meets an elegant lifestyle. Where fruit trees, vineyards and modern-day conveniences all live in harmony. It’s no wonder One Twenty has received such accolades. Fonthill is a community ideally situated just a short drive from Toronto and Buffalo, and minutes to Niagara Falls, Niagara’s wineries, Peninsula Lakes Golf Course, and other incredible amenities. Nature lovers will appreciate the fruit orchards and nature trails such as Lathrop Nature Preserve. Downtown Fonthill is a charming historic place where foodies will revel in restaurants, as well as boutiques and more. Golf lovers will appreciate the proximity to golf courses only minutes away. Fonthill is a place you’ll be proud to call home. Don’t wait, these are selling fast! Contact Mountainview Building Group today to set up a virtual tour or to schedule your private appointment, where all safety guidelines put out by the government during the COVID-19 pandemic are practiced. Visit onetwentycondos.ca to learn more or call at 289.897.8548. MOUNTAINVIEW BUILDING GROUP – PROUD TO BE HONOURED WITH THE HIGHLY COVETED DIAMOND AVID AWARD

Mountainview has had strong roots in the Niagara region for more than 40 years and takes great pride in creating communities that complement the area’s unique features and culture. Over the years, Mountainview has been the recipient of many industry awards, and most recently they were named the Diamond Award winner of the 17th Annual Avid Awards. The best industry leaders are picked every year, honouring their hard work and dedication for scoring highest with customers on homebuying experience surveys. The highly regarded awards are a trusted benchmark of customer service performance in the homebuilding industry, based on recent customer evaluations. With impeccable attention to detail and quality standards, combined with award-winning customer service, it’s no wonder residents from Niagara and beyond have chosen a Mountainview community to call home. With beautiful homes built for living your best life, Mountainview knows how to combine the perfect home with large open spaces and luxurious standards with the best location Niagara can offer. For more information, visit mountainview.com. 22 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

#InsidetheGTA by SUSAN LEGGE

GTA

VINERIDGE

THOSE LOOKING FOR AN AFFORDABLE RESPITE from the GTA will find the community of VineRidge in Prince Edward County very appealing. This boutique townhome project by FLC Investments is located close to wineries, Sandbanks Provincial Park and Picton Golf and Country Club. It’s also less than five minutes away from the essential amenities of Picton’s charming downtown core. Prices start from $275,000, according to the website. vineridgetowns.ca

Lanterra seminar series features top economist

Lanterra Developments’ Chairman Mark Mandelbaum recently checked in with one of Canada’s top economists, Benjamin Tal, deputy chief economist for CIBC World Markets.

Tal talks about what he calls the “most asymmetrical recession ever” and how important government policy is, particularly for those industries that were not able to recover in the summer, as we head

into what he calls “the darker days of winter.” The good news? The number of industries heavily impacted by the pandemic is much lower than what we’ve seen in any other recession, he says, and the real estate industry has performed quite well. Tal believes we will get to the other side of the crisis by the second half of 2021 and that the small decline in housing sales has made this “a housing-market friendly recession.” You can watch the seminar, entitled “The Virus, The Economy, and The Housing Market,” on Lanterra Developments’ YouTube channel. Future webinars are planned as part of this ongoing series and there are several others to view. nexthome.ca | myhomepage.ca 23

MODEL HOME FEATURE

ALLEGRO IN DOWNTOWN AURORA BY GERANIUM TWO SHOW-STOPPING MODELS IDEAL FOR FAMILY LIVING A symphony of architecture and interior design is on display at Geranium’s two model homes at Allegro in downtown Aurora. The new multi-phase cachet neighbourhood is set on lush green, mature-treed expanses of a former golf course, spanning from Yonge Street to 24 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Bathurst Street. A fantastic selection of 61-ft. lots with four-bedroom homes, each with shared or private ensuite, remain in Phase 1. Elegance is in the details of these two stately residences, revealing the impeccable styling of Patton Design Studio. The Vivaldi is a stunning

4,407-sq.-ft. four-bedroom plus media room and elevator layout with an Art Deco flare. Glamour and opulence prevail in sculptured furniture and geometric lines, paired with sublime finishes. The palette of bordeaux, camel, cream and taupe mixed with luxurious materials,

infuses the open-concept layout with warmth. The second model, The Forte, offers a spectacular 3,673-sq.ft. four-bedroom home with a desirable balance of gathering and private spaces in a modern, contemporary style. Luxurious features are poured into each Allegro home, including 10-ft. main floor ceilings, oversized windows, coffered ceilings and covered Loggias. Sub-Zero and Wolf kitchen appliances are included, and custom options, such as dog spas, elevator and additional cold cellars are available.

+ LOCATION Allegro in Downtown Aurora BUILDER Geranium SALES CENTRE By appointment only 36 Klees Cres., Aurora CONTACT 905.503.6300 or allegroaurora.com

nexthome.ca | myhomepage.caâ&#x20AC;&#x192; 25

SPECIAL REPORT

HOMEBUYER INTENTIONS STILL STRONG THOUGH BUYERS REMAIN CAUTIOUS – AND DISCERNING by WAYNE KARL Prospective homebuyers in and around the GTA may be somewhat cautious with their purchasing intentions as 2021 approaches, given all that continues to unfold with COVID-19. Still, it’s clear that the “pent-up demand” many observers cite is out there, according to the NextHome Real Estate Survey. And buyers seem to be using this time of uncertainty to figure out what they want, where they want it, and what they’re willing to pay for it. And let’s just say they appear to be becoming a little more discerning. RESULTS OF THE SURVEY HIGHLIGHT A NUMBER OF INTERESTING POINTS:

• Aside from COVID, affordability is the greatest concern among prospective homebuyers, as 33.9 26 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

per cent cite it as the top reason they may not buy a home in 2021 • Single-detached homes are the ideal home type, with 54.83 per cent saying that’s what they’re planning to buy; followed by condominiums at 21.38 per cent • Areas outside the 416 and 905 area codes are of growing interest, as 53.29 per cent indicate that’s their target market • COVID is giving some buyers pause, but still, 39.74 per cent of respondents, the largest group, say they plan to move forward with their plans, but are making doubly sure their finances and employment are secure; the next largest group, 24.04 per cent, say the pandemic is not affecting their plans at all • Look, touch and feel of a potential new home are still important, as

only 6.7 per cent of respondents say they are comfortable buying completely virtually • Fully 46.3 per cent of respondents say they are planning to buy a new home or condo in 2021 • Proximity to greenspace and other natural amenities is top of mind for 51.61 per cent of buyers – the second most important determining factor after price It’s difficult to compare the results of this latest survey with polls conducted earlier by NextHome and Condo Life, given the state of flux of the COVID restrictions and their impact on the economy and housing. But one thing is clear: When the pandemic is over, homebuyers still hope to achieve their new-home dreams – though their demands may be changing.

NEXTHOME REAL ESTATE SURVEY

WHAT THE EXPERTS ARE SAYING For additional context, we went to some industry experts, though not specifically on survey results

1. ARE YOU PLANNING TO BUY A NEW HOME OR CONDO IN 2021?

• •

No 53.67% Yes 46.33%

2. IF YOU WERE BUT ARE NO LONGER PLANNING TO BUY A HOME IN 2021, WHAT IS THE REASON?*

• •

Affordability 33.94% Concern about the economy due to COVID-19 26.70% • Concern about my finances 13.57% • Concern about my employment 8.14% *Respondents who answered this question skipped Q3 below 3. IF YOU DO PLAN TO BUY, WHERE ARE YOU LOOKING?

• • • •

Outside of 416 and 905 53.29% City of Toronto 15.57% 905 23.18% 416 7.96%

4. WHAT ARE YOU PLANNING TO BUY?

• • • • •

Single-detached home 54.83% Condominium 21.38% Townhome 14.14% Semi-detached home 6.21% Stacked townhome 3.45%

5. WHEN ARE YOU PLANNING TO BUY?

• • •

Not sure, some time in 2021 85.26% In the next six months 9.47% In the next three months 5.26%

6. WHAT ARE THE KEY THINGS YOU LOOK FOR WHEN SEARCHING FOR YOUR NEW HOME OR CONDO?

• • • • • •

Price that suits my budget 84.84% Greenspace and other natural amenities 51.61% Proximity to highway access 28.71% Proximity to transit 28.39% Work-from-home spaces 30.32% Other 14.84%

7. HOW IMPORTANT IS PRICE TO YOU WHEN LOOKING TO BUY A NEW HOME OR CONDO?

• • • •

Important, but not my number one concern 69.06% It’s everything; this is my first purchase 26.71% Not very important, as I am ‘moving up’ 2.62% Not important at all 1.63%

8. HOW IS COVID-19 AFFECTING YOUR PLANS?

•

I am making doubly sure my finances are sound and my employment secure 39.74%

The recent lockdown won’t affect sales because we have adopted new technology to run a virtual sales office since the first lockdown. Flato has put a lot of effort into building our name and brand in the communities we build. Now they mean more to homeowners on the home purchase journey. By providing services online, we are able to sell homes while keeping customers safe. We suggest homebuyers use digital tools for their new home purchases and to help them stay safe during COVID-19. Shakir Rehmatullah President Flato Developments Our industry is fuelled by purchasers visiting our sales offices, learning about the location, floorplans, and conversing with our sales teams about special features of the homes. At CountryWide Homes, we have made the innovative decision to provide full transparency of our homebuying experience online. Understanding many buyers are now educating themselves at home online, we’ve created a virtual sales experience powered by SaleFish consisting of virtual appointments, online pricing and complete virtual walkthrough tours of our model homes. The icing on the cake was to provide a completely safe, comfortable and touchless experience, by allowing the purchasers to sign the agreement of purchase and sale digitally while being in the comfort of their own home. The reality is, people are doing more pre-purchase research and self-educating online today more than ever. The homebuilding industry has been lagging behind this concept for too long. The pandemic has forced many industries to become more tech-savvy with online sales platforms, which also made us more environmentally friendly; by going digital, we’ve saved tons of paperwork. In the end, buyers get a better user experience and the builder saves countless hours while reducing paper processing. Richard Mariani Manager, Sales and Marketing CountryWide Homes The latest lockdown should be similar to what happened in the spring, when sales took a pause and then restarted once things began reopening. …continued on page 28

nexthome.ca | myhomepage.ca 27

…continued from page 27

• • •

Not affecting my plans at all 24.04% I am waiting until the pandemic is fully over 19.55% I was planning to buy in 2020, but the pandemic delayed my plans 16.67%

9. WHAT SAFETY PROTOCOLS ARE MOST IMPORTANT TO YOU?

• • •

Virtual appointments first, then a site visit 49.03% I am willing to visit sales centres by appointment only 44.19% I am comfortable buying completely virtually 6.77%

10. HOW IS COVID-19 CHANGING WHAT YOU LOOK FOR IN A HOME?

• • •

Not affecting my wish-list of inclusions at all 57.88% I want smart work-from-home spaces and the latest home tech 25.08% I am looking for a larger home with more space 17.04%

11. IF COVID IS AFFECTING YOUR PLANS, WILL YOU:

• • •

Buy a smaller lowrise home (ie. townhome or semi vs single-detached)? 51.04% Buy a condo (mid- or highrise) instead of a lowrise home? 28.22% Buy with a friend or relative to ensure affordability? 20.75%

12. HOW CONCERNED ARE YOU ABOUT NEW HOME AFFORDABILITY?

• • • •

Very 51.46% Somewhat 38.19% Not very 5.50% Not at all 4.85%

13. DO YOU PLAN TO GET MORTGAGE PRE-APPROVAL?

• • •

Yes 52.90% Not sure 28.71% No 18.39%

14. WHERE DO YOU PLAN TO SECURE A MORTGAGE?

• • •

Bank 40.98% Not sure 36.72% Mortgage broker 22.30%

15. WHAT ARE YOU EXPECTING FROM NEW HOME AND CONDO BUILDERS IN THESE UNPRECEDENTED TIMES?

• • • •

Offer pricing discounts and other incentives 58.22% Offer free upgrades and other incentives 23.68% Offer pricing discounts 15.13% Other 2.96%

16. IF NEW HOME AND CONDO BUILDERS DON’T OFFER PRICING DISCOUNTS AND OTHER INCENTIVES:

• • •

I’ll buy resale instead 45.57% Supply is low, I’ll buy what I am happy with 28.52% I’ll buy only from those that do 25.90%

28 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Though this time, we are seeing end-users actively go through the decision-making process right now. We have made our information, such as current pricelist, floorplans and brochures, much more readily available and can easily be downloaded from our website. There’s also a search function that may help buyers narrow what you’re looking for. Our advice to prospective homebuyers is to really take a close look at layouts, as they need to suit your lifestyle today and what you had a year ago to maintain the flexibility you ultimately want in your purchase. Anson Kwok Vice-President, Sales and Marketing Pinnacle International During this second lockdown and approaching the end of the year, it reminds us once again of the severity of the COVID situation. Despite this, there is great optimism as we get ready to head into 2021. A vaccine is coming and we expect life to return to more normal by the middle of next year. What does this mean for people looking for condos to buy today? Now is the time to buy! Brian Brown Prinicpal Lifetime Developments It’s business as usual for us – with strict COVID-19 protocols in place. We are in the middle of two brand new launches and have exceeded our projected sales numbers. Both Dylan Condos by Chestnut Hill Developments (located on the Glencairn subway stop), and The Villages of Highland Creek semis and townhomes by Your Home Developments are set up to accommodate selling virtually. We have been conducting approximately 50 per cent of the sales online and the balance in person by private appointment. Both builders were prepared for the pandemic market with what we call “PPM” – pandemic proof measures – to help facilitate sales. In2ition has launched more than a dozen communities during the pandemic, with exceptionally strong sales for both highrise and lowrise product. This is a rare opportunity for homebuyers to jump into a market with great offerings of historical low interest rates as low as 1.65 per cent, and some excellent incentives being offered by developers. You want to buy your new home or investment property today – prior to the 450,000 projected immigrants entering the country, which will create even more pressure on supply and pricing. Debbie Cosic CEO & Founder In2ition Realty

ADVICE | STAT CHAT

WHERE IS THE NEXT HOT SPOT FOR

HOUSING IN THE GTA? BEN MYERS

One question I get asked regularly is: Where is the next hot spot for real estate in the Greater Toronto Area? I’m trying not to think too short term, but COVID-19 has certainly impacted my opinion, especially about prime downtown locations. If you’re an investor looking at the highrise market in downtown Toronto, there is certainly a lot of inventory coming in 2021 via completions, based off the record 35,000 new condominium sales that occurred in 2017. Those buildings launched in 2017 are just now coming to completion and occupancy, and they have a high share of investor purchasers who plan to rent them out. According to data from rentals.ca, the average rent for condo units in the downtown core has declined by 18 per cent annually – an unprecedented one-year drop. I fundamentally believe that people will return to downtown, and to office towers, and the market will pick up again. But I would recommend being cautious when looking at condo product for more than $1,300 per sq. ft. The demand for new groundoriented housing – meaning singledetached, semis and townhomes – in the outer-suburban markets has taken off again. The average price for unsold new single-family housing increased by about 45 per cent annually in 2017. Demand and pricing declined significantly following the introduction of the Fair Housing Plan in April of that year, which was intended to deflate the

housing bubble. After a couple of years of price flatness and tepid sales absorption, those markets are strong again, as prospective buyers in need of more space due to the work-fromhome phenomenon are scooping up the homes. These purchasers are less concerned about commuting times. However, some of those markets lack the type of amenities and proximity to activities that many young families crave. And while some of these sleepy and quaint communities may look appealing during COVID when a lot of things are closed, demand might drop off like it did in 2018 when the world gets back to some sense of normalcy. There might not be a big correction, but be cautious. Promising areas appear to be in the “soft middle” on the outskirts of the amalgamated city of Toronto, or in the more walkable areas of the innersuburban municipalities. Markets in south Mississauga are primed to take off, with greater appreciation in places such as Port Credit and Mineola. Take a look at the recentlylaunched Brightwater community and upcoming Lakeview Village development – huge master-planned waterfront communities. In addition, the land around the Mimico GO station is going to be transformed, and there is clearly an opportunity to get in on the first phase at an attractive valuation; developers need to start these big projects with an immediate sales success and price the first phase accordingly. Some food for thought: Chestnut Hill Homes launched a new highrise condo in 2007 near the Pickering GO station at less than $250 per sq. ft. The company’s latest project, its sixth building in the area, launched last year for more than $700 per sq. ft. That’s

an annual increase of more than 15 per cent. My top choice right now is Scarborough, as it is about the only place in Toronto where you can buy a unit for less than $850 per sq. ft. There is an amazing new community in the planning stages near the Scarborough GO station by Republic Developments, comprising more than 6,500 units. Another area slipping under the radar is Highland Creek, with projects such as Perch Condos on the ravine system, minutes from the University of Toronto’s Scarborough Campus. Enrollment at that campus is growing by more than three per cent per year, and investors should take note of the need for high-quality housing for students. The vaccine is coming and will be ready in 2021. I believe the market will return in full force in the second half of next year, which is saying something given how strong it’s been during the pandemic. If you’re in the market for a new home, surround yourself with an experienced team, including a realtor familiar with the new home market, and a mortgage broker who can find you the best deal. Buy what you can afford, buy for the long-term, and do your research. Good luck. Ben Myers is President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. bullpenconsulting.ca Twitter@benmyers29

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nexthome.ca | myhomepage.ca 29

ADVICE | LEGALLY SPEAKING

ESTATE PLANNING DURING THE PANDEMIC JAYSON SCHWARZ LLM JACQUELINE MONETA

One of the questions we receive frequently is, “Why do I need a will?” People stammer and start, don’t want to discuss it and avoid the topic completely. These days, it’s more important than ever. All of us who love our families have an obligation to take this simple step to ensure their continuity, if something should happen to them. It is important that you make a will for the following reasons: • To prevent your estate from going to the provincial government • To make sure the people you want to leave specific items actually receive them • To avoid leaving your relatives with costly issues after your death • To allow you to choose people to act as adoptive parents or guardians, if you have young children COVID-19 has brought with it a unique set of challenges when it comes to the preparation and signing of wills and Powers of Attorney As of April 7, wills can be witnessed by video conference. Previously, two witnesses had to be physically in the presence of the testator (the person making the will) when a typed will is signed. The emergency order from the government of Ontario now confirms that the “presence” may be by audio-visual communication technology. Please note that at least one of the two witnesses must be a licensee of the Law Society of Ontario (a lawyer or a paralegal) (the “Licensee”). This will likely require a different affidavit of execution than pre-COVID-19. We

30 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

recommend two separate affidavits of execution, one for the Licensee and one for the second witness. The new emergency order now confirms that Wills and Powers of Attorney can now also be witnessed in counterpart (than means signed at different times). By using video conferencing and counterpart, wills and powers of attorney can be fully executed remotely, giving immediate validity to the documents. These new processes allow for lawyers and clients to adapt in these unprecedented times, but increase work for everyone. All instructions need to be in writing and signed off. Clients need to review their will and ask questions on the phone or virtually. Finally, signing using audio video technology requires the lawyer to keep detailed notes, likely through the use of a checklist, or record the meeting. Whether signing one copy

of the will via video conference, or using counterparts, it’s important that both the witnesses actually see the testator, sign the will, and that the testator actually see both witnesses subscribe the will. This may require up to two additional video conference calls with the testator to ensure compliance and validity. As you can see, the entire process may not exactly be easy, but it’s certainly doable.

Jayson Schwarz LLM & Jacqueline Moneta are with Schwarz Law LLP. To suggest topics for future columns or ask questions, visit schwarzlaw.ca or email info@schwarzlaw.ca.

+MORE CONTENT ONLINE nexthome.ca

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BUILDER PROFILE | SOUTHERN ONTARIO

INSPIRED BY NATURE GEORGIAN COMMUNITIES ESTABLISHES NEIGHBOURHOODS THAT ARE PURPOSEFUL AND MEANINGFUL As one of the most reputable land developers and builders in the Simcoe and Grey County Regions, Georgian Communities deliberately establishes neighbourhoods that are purposeful and meaningful. The company’s award-winning real estate projects have created quite the buzz. A passion for nature and community have influenced its vision for three current unique neighbourhoods and expanding to brand new upcoming communities as it continually invests in the future of southern Ontario and its rich culture.

32 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Neighbourhoods in small town Canada hold unique bonds within their communities. Your neighbours become friends, and friends become family. Georgian Communities strives to elevate this sense of togetherness to its highest potential by creating master-planned communities that focus on bringing people together. Amenities inspired by nature and the surrounding landscapes have a special place in these communities, creating a place for adventure, dreams and simplistic values. Each of Georgian’s thoughtfully designed

communities starts with a beautiful Canadian landscape, and is carefully nurtured until it becomes something truly remarkable. The beauty in simplicity is the core of every one of Georgian’s communities. Everything comes back to nature, and the intrinsic value in a more simplistic lifestyle. From planning and construction to purchasing and decor selections, Georgian works hard to keep things simple, thoughtful and reliable. The company works with local trades to build their communities. Volunteer for community initiatives. Sponsor sports leagues. By deliberately investing in neighbourhoods to foster meaningful life, Georgian invests in the future of the land and the families who will live there. This is what sets Georgian apart, making it one of the most trusted developers in Ontario. Connecting people to the land, and to each other, is what Georgian does. The company celebrates the rich, fertile soil across Canada and the deep roots of tending the land, and offers homeowners a chance to

experience this organic, meaningful lifestyle. After all, how many communities have a sugar shack just around the corner? Or a berry patch just for you? How about a vibrant gathering place known as “the shed”? Georgian Communities, through the parent company of Georgian International, cultivates the history of its communities, and turns it into something new, inspired, meaningful and unique. From the classic homes of Windfall and chic chalets of Mountain House to the charming farmhouse inspired homes of Braestone, each of Georgian’s communities reflect its surroundings. The story of Windfall brought to life the Georgian Bay cottage reimagined in a close-knit community true to the history of The Blue Mountains in a many-chaptered book that has become well loved by homeowners as it grew. The newest chapter at Windfall, Mountain House, added a new twist to the region with its chalet-inspired condos and spa-style amenities. Though Mountain House is coming to a close, the story of Windfall continues with a new phase on the way. Braestone moves away from the mountains and into the classic setting of Oro-Medonte, where rolling fields and gentle woodlands seem painted right out of a storybook. Nestled among this picturesque location is a community of timeless farmhouse estates, with a series of amenities unbelievable in their scope, all focused on wellness, togetherness and nature. Keeping in line with its communities, Georgian Communities puts thought and care into each of its hospitality amenities. Braestone

Club, for example, is an extension of the Braestone brand in Oro-Medonte. Braestone Club is a welcoming 18hole Golf Club inspired by the rolling hills and glorious sunsets that grace the region, creating a course so in tune with its surroundings that it becomes a timeless part of the land. With its farmhouse-styled Clubhouse and the “Ktchn” restaurant, Braestone Club upholds the values of nature, community, and wellness that one expects from the Braestone branding. By cultivating this brand across Oro-Medonte, a clear image has been made of Georgian International, its values and passion. Braestone started with a farm. As the backbones of our country, farms cultivate life. As homes sprouted from the rich earth, homeowners drawn to the idyllic lifestyle that Braestone’s remarkable amenities offer, this community grew into something bigger. Classic farmhouse architecture returning to the roots of the region. A golf club, where sunny mornings on the green are surrounded by the whispers of the wind in the trees as the sun breaks the horizon. Food comes from the earth straight to your table, the stars shine brightly overhead at night – best viewed from Starfall, the hilltop observatory of Braestone – and every day brings a new adventure in the rolling fields and winding trails. All of this can be followed back to Georgian Communities and their passion for creating meaningful lifestyles across Ontario, growing into something greater than the sum of their parts. The uniquely meaningful communities that Georgian creates is something you’ll never find elsewhere. Nature-inspired amenities

such as an apiary are not likely to be found in a city. Wellness is an afterthought to many developers, and small town Canada seems like a thing of the past to those who don’t dream of shady woodlands and friendly neighbours. Georgian Communities knows that small town Canada holds the secret to life – the way it is meant to be lived. Urban communities have their appeal, but will never have the charm and inspiration that lives up at Blue Mountain, or within OroMedonte. These are places where living has new meaning, and it can be found at a fraction of the price of inner-city communities. The last chapter at Mountain House has come to a close, as this mountainside community has sold with incredible success. But you can still experience life one with nature, as Georgian is preparing to offer new homes to southern Ontario. New releases are coming this year to Windfall and Braestone, as well as an exciting boutique project being introduced in Collingwood very soon. In addition, a new community in Craighurst is in the works, set to be introduced within the next few years. Both of these new projects are sure to carry the inspirational values that Georgian imbues in all of its communities as it brings a wave of new opportunities to experience the life you were meant to live. Explore these brand new prospects by visiting the Georgian Communities website, and learn more about what makes Georgian one of the most recognized companies in the Simcoe Region. For more information, visit georgiancommunities.ca

nexthome.ca | myhomepage.ca 33

BUILDER PROFILE

COMMUNITY-MINDED FLATO DEVELOPMENTS GIVES BACK ALL YEAR ROUND Around this time of year, we are compelled to give back, carefully selecting charities to support and offering to volunteer our time. To Shakir Rehmatullah, president and founder of Flato Developments, it is integral that his team maintain such community spirit all year round. “Philanthropy is ingrained in our corporate culture,” he says. “I’m proud of how our team has found so many ways to give back in many different communities across Ontario throughout the year.” From year-round food drives for numerous local food banks, to donating $1 million to build a health clinic, to helping local Rotary Clubs build a new splash pad, and donating crates of PPE during the pandemic, Flato Developments is finding ways to help in the areas where the company has built and is building new communities.

out of two new communities in Beeton, just north of Tottenham, and two more in Dundalk, just this year alone. Homeowners were taken with the initial phase of Beeton Village, a community of family homes and townhomes where signature country living melds seamlessly with carefully laid out floorplans to create a sophisticated, convenient and modern collection of new homes. Nearby in Beeton, GreenRidge also sold out the first phase of family homes and townhomes. Tree-lined streets, distinctive facades and deep corner lots, this community with modern, spacious homes will be perfect for growing families. In Caledon, Flato’s community of luxury estates, Palgrave Estates, is sold out and Markham’s new Canvas on the Rouge condominium is about 90 per cent sold and has started construction.

BUILDING COMPLETE COMMUNITIES

It’s been a busy year for Flato. The award-winning community builder in southern Ontario, launched a flagship residence for seniors in Dundalk, started construction on a Markham condominium, and sold out of a luxury community in Palgrave. The builder also sold 34 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

LAUNCHING A FLAGSHIP RESIDENCE

This year, the company launched its flagship residence for seniors in Dundalk, north of Orangeville. Unique and located in a safe, established neighbourhood, Edgewood Suites offers beautiful, spacious studio, one- and two-

bedroom rental suites. This adult lifestyle community is designed for those who want to spend the best years of their life engaged in active, social, healthy and independent living. Construction of Edgewood Suites is starting now. Plus, Flato is building Dundalk Plaza nearby, with retail shops and services to serve the residents and greater community there. Not to be outdone, Edgewood Greens, a masterplanned community in Dundalk, sold out Phases 1 to 8 of beautiful detached family-sized homes, and the first two phases of townhomes and detached homes in Dundalk’s Carriage House community also sold out this year. NEVER TOO BUSY TO GIVE BACK

The Flato team believes in giving back and makes it part of what they do every day. With the COVID-19 pandemic affecting so many families this year, the team decided to contribute a total of $500,000 toward a variety of important community support initiatives. Flato programs included donating Personal Protective Equipment (PPE) to frontline health workers, distributing 7,000 tubes of hand sanitizer and supporting local Ontario food banks such as Shepherds Cupboard Food Bank, Daily Bread Food Bank, The Mississauga Food Bank and others in Beeton, Alliston and Shelburne. “There is a great need, now more than ever, to support our communities that have been impacted by this pandemic,” Rehmatullah says. “We want to help the communities where we build and operate in, the local families and neighbours.” Just this past November, Flato also contributed $10,000 to the Alliston Out of the Cold community support program to help provide a safe haven and warm meals for the homeless population in New Tecumseth and surrounding areas. $1-MILLION DONATION FOR NEW HEALTH CLINIC

Dundalk’s need for a new health clinic presented the company with the chance to make a real difference in residents’ lives. In May, Flato donated $1 million to build a state-of-theart interdisciplinary health clinic that will provide primary care, mental health, social and home care services to residents of Grey and Bruce Counties. “We see this as an extension of building complete communities and are proud to help found the new health clinic that will deliver expanded services to the residents of Dundalk and nearby communities,” Rehmatullah says. This incredible gift is just one way the company has continuously supported the communities where Flato builds and operates. In Shelburne, Flato donated $100,000 to help build a home for an organization that creates multidisciplinary arts programs for youth.

Launched three years ago, the Streams Community Hub has served more than 250 kids from around Dufferin County, and the Town of Shelburne has designated a space beside the Centre Dufferin Recreation Complex for the group’s future home. Also in Shelburne this year, Flato donated $5,000 to The Rotary Club to help bring a new splash pad to the families in the community. “Building communities is more than just building homes,” Rehmatullah says. “There’s no greater joy than watching families move into their new home and settle into their new neighbourhood knowing that they will be safe, happy and able to make memories there for many years to come. nexthome.ca | myhomepage.ca 35

BUILDER PROFILE

STRONGER NEW HOME COMMUNITIES STATEVIEW HOMES HELPS FAMILIES THROUGH SUPPORT FOR SICK KIDS HOSPITAL When it comes to the concept of “home,” StateView Homes has an abiding commitment to building top-quality residences in excellent locations with attentive customer service. The team at StateView also understands that it is people who transform a house into a home. For families with children who have serious injuries or illnesses, a temporary home is often Toronto’s Hospital for Sick Children (SickKids). Since it was founded 11 years ago, StateView has donated and pledged more than $600,000 to the hospital. “There are many families and children in need, especially in this major hospital, which is known worldwide for its outstanding work,” says Julian Uccello, StateView’s vice-president of Operations. “We know that by donating to SickKids, the money will be used for the right reasons, such as research and initiatives to help fulfill high-priority needs.” One of the ways StateView upholds this commitment is through the

JULIAN UCCELLO, Vice-President, Operations, StateView Homes.

36 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Left to right, Lisa Walker, manager, Cause Marketing, SickKids Foundation; Nancy Horvath, director, Major Gifts, SickKids Foundation; Carlo Taurasi, CEO and president, StateView Homes; Dino Taurasi, president, StateView Homes; Julian Uccello, vice-president of operations, StateView Homes; Karima Karmali, The Hospital for Sick Children; Adam Starkman, vicepresident, corporate partnerships, SickKids Foundation.

donation of $5,000 for every home sold, on behalf of the purchasers. StateView’s team also takes part in SickKids fundraising initiatives each year. In the fall, the company got involved with the SickKids GetLoud program presented by PCL Construction. StateView matched all donations raised between Sept. 22 and 25, for a total of $98,000. This initiative raised more than $1.5 million. Earlier in 2020, StateView partnered with SickKids and RBC Capital Markets to hold the fifth annual Bubble Hockey Night (now Fantasy Hockey in light of COVID). “Guests, supporters and players, including some past NHLers such as Darryl Sittler, raised more than $420,000 for SickKids Foundation at this table-top tournament,” Uccello says. “We had a lot of fun, and it was all for a great cause.” Seanna Millar, senior vice-president of corporate and community

partnerships at SickKids Foundation, says, “Since 2011, StateView Homes has generously donated $257,000 to help improve the lives of children and families affected by serious illness or injury. During this time of crisis, StateView Homes has stepped up incredibly and pledged to donate another $350,000 to support SickKids’ fight against the greatest challenges in child health… a huge thank you to StateView Homes for their commitment and hope during this especially challenging time.” “Children are our most vulnerable residents, and we want to help make sure that the services they need at SickKids are always available,” adds Uccello. “If the kids have a smile on our faces, so do we.” StateView’s communities always sell out quickly. To find out more, visit stateviewhomes.com.

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BUILDER PROFILE | RICHMOND HILL

KING EAST ESTATES AWARD-WINNING CONDO DEVELOPER PLAZA’S FIRST MAJOR LOWRISE COMMUNITY A RESOUNDING SUCCESS After establishing itself as a premiere condominium developer in Toronto and the GTA, Plaza is bringing the same standards of excellence to the lowrise world. Plaza’s new lowrise division’s first major project, King East Estates in Richmond Hill on King Rd. just east of Bathurst St., has been a resounding success. Eighty per cent of the homes in the first release sold and Phase 2 is coming soon. The development has 255 lots on 30 acres, including 79 luxury freehold townhomes, semis and detached homes on 40-, 50- and 60-ft. lots. Prices range from $1.025 million to more than $2 million for homes 1,980 to more than 4,000 sq. ft. in size. Plaza has another lowrise project on the books: Fairfield Towns, a luxury 14-unit townhome project now selling in Etobicoke. Though COVID-19 has accelerated the trend of more people looking to the 905 and beyond for ground-level housing and fuelled hot demand, 38 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Plaza’s decision to create a lowrise division was in the works well before the pandemic. “We were looking to get into the lowrise business to expand our brand,” says Plaza senior vicepresident Scott McLellan. Plaza hired top consultants with a wealth of experience in the lowrise world and hired very experienced staff to facilitate its seamless expansion into that market. Plaza has specialized in building condominiums, primarily in Toronto and in key growing cities such as Vaughan and Mississauga. As well as the same dedication to excellence in customer service – Plaza was recently named Tarion’s Highrise Builder of the Year in the Homeowners’ Choice Awards for the second time in three years – the company is as discriminating about choosing its lowrise sites as it is with condo sites. “We look for sites in a community that’s established, with schools and parks, plenty of amenities and easy

access to major highways, GO or existing transit hubs,” says McLellan. “One thing that was intriguing about the King East Estates location is it may be the last 30 acres within an established neighbourhood.” While homebuyers will have Richmond Hill’s extensive suburban amenities close to home, they’ll also be just a five-minute drive from charming King City, with its excellent restaurants, cafes and boutique shops. Coppa’s Fresh Market, Oak Ridges Food Market and Food Basics, and several bakeries are within minutes of King East. Another advantage of the location is its proximity to nature, as it’s on the Oak Ridges Moraine, surrounded by rolling hills, woodlands and kettle lakes. King East Estates will be within minutes of parks and greenspace including Lake Wilcox Park with its biking and hiking trails, picnic area and playground. Just to the east of the community is Parker Park where

visitors can walk through the forest, along the marsh boardwalk and take in views of the East Humber River. Bond Lake, the King Trail at Seneca College and Bruce’s Mill Conservation Area are other popular spots nature lovers can explore. Golfers will enjoy having more than a half dozen golf courses close to home, as well as the Maple Leaf Cricket Grounds. Parents will appreciate having top-rated public and private schools in the area, as well as the King campus of Seneca College for post-secondary studies. Commuters will have a quick drive to Hwys. 404, 400 and 407 for travel to downtown Toronto or across the GTA. The King City GO station is undergoing major improvements, including more parking, a second track and platform and improved biking amenities to prepare for two-

way, all day train service. The area is also served by York Region and Viva transit. The homes at King East Estates will have the same attention to detail and well-designed floorplans that characterize Plaza’s highrise residences. Single homes will have brick exteriors and interior features such as coffered ceilings, winding staircases, generous storage and private study areas. The semis will have brick and stone facades with wood-panelled garage doors and a flowing floorplans, while townhomes will have three bedrooms, two full bathrooms, walk-in master closet and

wooden patio deck. Closing dates will be July to December 2021. King East buyers will also have the benefit of the same dedication to customer service Plaza is known for. “We will still offer awardwinning customer service and communication and aim for zero deficiencies,” says McLellan. “When homeowners do their pre-delivery inspection, we’ll have a handyperson with them to fix any issues right away. We are bringing the same philosophies and principles into the lowrise world that we did in highrise and will have their residence almost hotel-ready when they move in.”

Virtual appointments are available for anyone interested in learning more about King East Estates and can be booked through pureplaza.com. Visit the sales office, now open at 1 Toscanini Rd. in Richmond Hill, open 1 to 8 p.m. Monday to Thursday, and 11 a.m. to 6 p.m. weekends; Friday by appointment. 416.532.0238. pureplaza.com nexthome.ca | myhomepage.ca 39

BUILDER PROFILE | MULTI-SITE

FIELDGATE HOMES INSPIRED DESIGNS IN COMMUNITIES ACROSS THE GTA Fieldgate Homes is now open for purchasing by virtual sales appointments across the GTA. Connect by phone, video chat or email for a secure and convenient homebuying experience. Fieldgate’s teams are waiting to help you find your perfect home. Explore these featured communities and contact the company today. PICKERING: SEATON

Freehold towns, semis, 30- and 36-ft. singles from $779,990

Enjoy the quiet side of north Pickering and the convenience of big city amenities at Seaton by Fieldgate Homes. Experience modern living at the crossroads between old and new, with an incredible collection of 30- and 36-ft. singles, freehold towns and semis in a cherished community setting. With shopping, greenspace, restaurants and more always close by, Seaton is quickly becoming Durham’s most affordable option in the GTA. Pickering Town Centre, shimmering Lake Ontario and only minutes to Toronto’s eastern border, this new community has something for everyone.

homes at Blue Sky, featuring 36and 40-ft. singles adjacent to an incredible protected greenbelt. Explore a diverse array of inspired home designs near an established community, moments to essential modern amenities. Enjoy quaint country comforts, great local shopping and easy city access with Hwys. 404, 407 and the Stouffville GO station all within an arm’s reach. Call 905.640.0002 or email bluesky@fieldgatehomes.com to book your online appointment. STOUFFVILLE: CITYSIDE

Email whitbymeadowssales@ fieldgatehomes.com or call 905.666.1217 to book your online appointment today. STOUFFVILLE: BLUE SKY

A collection of remarkable singles backing onto a protected greenbelt Now open – 36- and 40-ft. singles from the low $1 millions Blue Sky is now open. Enjoy a remarkable collection of stunning 40 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Coming soon – live/work freehold towns Fieldgate Homes will be offering a selection of live/work freehold townhomes in this wonderful community. This is your chance to make your dream home come true in an incredible community setting, just minutes from all amenities. Cityside is located just minutes from Markham, Hwys. 404 and 407, and the Stouffville GO station.

Call 905.640.0002 or email bluesky@fieldgatehomes.com to book your online appointment. KLEINBURG: NEW KLEINBURG

38-, 40-, 44- and 50-ft. detached homes coming soon 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. This release offers new designs for the 44- and 50-ft. detached homes in exclusive cul-de-sac locations. Choose from traditional and contemporary home exteriors for an elegant residence that reflects your personal style. Register today. Call 905.893.9500 or email impressionssales@fieldgatehomes.com to book your online appointment. RICHMOND HILL: RICHLANDS

Now open – freehold townhomes from the low $1 millions Richmond Hill’s acclaimed Richlands community is now open. Discover an incredible selection of single-garage freehold townhomes in a prime Richmond Hill location. Situated adjacent to Richmond Green Sports Park, Richlands won the hearts of GTA homebuyers in its previous releases thanks to the community’s beautiful collection of detached homes and the remarkable community vision. Both contemporary and traditional designs are available. Call 905.237.1730 or email richlandssales@fieldgatehomes.com to book your online appointment. WHITBY: PARK VISTA

Now open – 30-, 36- and 42-ft. spacious singles in a park-like setting from the $700,000s Park Vista is now open. Explore large 30-, 36- and 42-ft. singles available now in a stunning new

community of family residences surrounded by acres of protected greenspaces, just west of Brock St. N. and Taunton Rd. W. A wonderful family atmosphere fills the air of this curated master-planned community, just a short drive from the shores of Lake Ontario and moments to numerous hiking trails, a fantastic lifestyle and many leisure amenities. Find value and luxury in incredible detached homes near essential transit options such as Hwys. 412, 407. 401 and the Whitby GO station. Call 905.666.1217 or email parkvistasales@fieldgatehomes.com to book your online appointment.

west Whitby’s best lifestyle, close to shopping, restaurants, Iroquois Park Sports Centre, Whitby GO station, excellent schools and more. And with an all-new release coming in Phase 2, browse an exceptional selection of 21-ft., two-car garage rear-lane towns, 22-ft. towns, semis and 30-, 36- and 42-ft. detached designs in west Whitby’s finest natural setting. Register now at fieldgatehomes. com, and call 905.666.1217 or email whitbymeadowssales@ fieldgatehomes.com to book your online appointment today.

WHITBY: WHITBY MEADOWS

Coming soon – new release of freehold towns, semi-detached homes and singles from the $700,000s Find stunning towns and singles coming soon to one of the eastern GTA’s most popular communities during Whitby Meadows’ anticipated Phase 2 release. Enjoy a masterplanned community that offers nexthome.ca | myhomepage.ca 41

advice lorem| |personal ipsum if needed finance

outlook 2021 where mortgage rates are headed in 2021

jesse abrams Mortgage rates have been a popular topic of conversation among Canadians, as they have continued to drop over the last 20 years – especially this year. Although rates temporarily increased above the three-per-cent mark at the beginning of 2019, they quickly came back down by the end of the year. Adding a global pandemic into the mix, and we have seen rates consistently drop for the majority of 2020. Given that the housing market in Canada is a keystone to the economy, the Bank of Canada has stepped in to purchase mortgage bonds, which lowered interest rates to stimulate homebuying. Today, as we continue to navigate through this pandemic, mortgage rates continue to sit at record lows. Where Will rates go in 2021?

During normal times, interest rates can be impacted by a series of social, political and economic factors, as well as rate changes from our U.S. neighbours. For example, the five-year Canada bond yield recently increased six basis points to 0.46 per cent on positive news of a potential COVID-19 vaccine and Joe Biden’s presidential win. Oftentimes, increases in bond yields are a leading indicator of rate increases. Conversely, in a pandemic environment, where unemployment is high and economic growth is weak, interest rates tend to be lower to stimulate homebuying, which is what we’ve seen over this last year. As a 42 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

result, the government introduced a series of stimulus efforts that have led to consistent interest rate decreases. As we head into 2021, the outlook remains uncertain, as the prospect of a viable vaccine has made things a little more optimistic than expected. If this vaccine works and decreases the number of COVID-19 cases in the first half of the new year, this could increase employment and positive sentiment in the marketplace, while decreasing the need for stimulus efforts. In this scenario, this could lead to slightly higher rates, but nothing too drastic, as recovery takes time. Given the effect COVID-19 has had on Canadians and the marketplace at large, it’s unlikely we’ll see major changes in interest rates as we head into the new year. Instead, it’s more likely that we will see stability and maybe slight increases or decreases based on seasonality. should you buy noW While rates are loW, or Wait?

Many homebuyers will pay close attention and try to time their home purchase around mortgage rate increases or decreases. However, if you’re ready to buy a home, you shouldn’t let rates be the main determining factor. The truth is, no one has a crystal ball and you could find yourself spending more money by waiting things out. Home prices have consistently gone up over the last 20 years, and rates can unexpectedly increase at any time, so waiting for a decrease in interest rates might actually cost you more. That’s why the best thing to do is buy a home when you’re ready, and really focus on locking in a holistic fullfeature mortgage that will save you the most money.

consider key features With your mortgage

While being conscious of interest rates is astute, you also want to take into consideration the features of your mortgage. Having a full-feature mortgage that includes prepayment privileges and low penalties is essential. It’s one of the best ways to save more money in the long-run and provide more flexibility with your mortgage. While a rate can save you hundreds, key features can save you thousands. Choosing the wrong lender or option can leave you with high penalties if you ever need to break your mortgage, whether you’re refinancing or selling your home. Further, these penalties can cost you tens of thousands of dollars. That’s one of the reasons why our team at Homewise works with more than 30 banks and lenders. We actively shop around for borrowers to find them the best tailored options and provide a holistic view of what’s available to ensure cost savings today and into the future. At the end of the day, there is an old adage that says, “The best time to buy a home was yesterday.” Cheeky lines aside, trying to time the market is never a simple science. While rates could fluctuate in the coming months and years, homebuying is a longterm decision. So, it’s important to buy when you are ready and consider all variables.

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

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ADVICE | HomE REAlty

ACT SOONER RATHER THAN LATER NOW IS THE IDEAL TIME TO ENTER THE REAL ESTATE MARKET

DEbbIE COSIC

The year 2021 is approaching quickly, and as we look back on 2020, we wonder what the future will bring – especially in the GTA real estate market. Despite the havoc that COVID-19 caused, the market is doing well. Whether you are thinking of buying a residence to live in, or you are an investor seeking to expand your financial portfolio, you would be wise to act sooner rather than later. For one thing, we are still experiencing historically low mortgage interest rates. Our grandparents would be envious at how reasonable it is to borrow money these days. And, as with most things, this will not be the case forever. If you think you cannot afford to get into the real estate market – think again. Do your research. Yes, at 20 per cent down, you need a $100,000 deposit on a $500,000 residence. Remember, however, that 20 per cent is often stretched over a few years in increments of three to five per cent. This can be $15,000 on a $500,000 residence. This is one of the major advantages of purchasing new construction early in the selling cycle: You have more time to save for your down payment. The other thing to consider is help from the government. First-time buyers can take advantage of CMHC’s Home Equity Sharing, or use portions of their RRSPs to help. There are also programs that enable amassing

a down payment that is payment free until you sell or move: Trillium Housing (trilliumhousing.ca) is a prime example of this. Together with a bank and credit union, Trillium and the financial institutions provide you with the first and second mortgage required to help you become a homeowner. Of course, there are prequalifying factors that play a part in this equation; you cannot own any properties at the time of your purchase, you must live and work in Canada, this must be your primary residence and cannot be rented out, and you must have a 10 per cent down payment. Many people check all of these boxes and are now homeowners at Trillium and VanMar projects such as The Loop in Toronto and Maxx Urban Towns in Pickering. Think cooperation, as well. Perhaps you can co-purchase with a friend, parent or other family member to invest in your futures. If you do, hire a lawyer who is familiar with real estate, and clarify upfront who is responsible for what in the arrangement. In any real estate transaction, you want to know where you stand so there are no unpleasant surprises. Many people who already own a home are refinancing to enable them to buy an additional one as an investment. With our lifestyle evolving and individual needs so varied, you might also want to consider hiring a real estate agent to help you search for the perfect home or condominium. These professionals know and understand the market, and it is to their advantage to find you the deal that best fits your lifestyle and wallet.

Keep an open mind, too. If you have always owned lowrise homes, consider investing in a condominium. These suites will always be in demand, especially in the GTA, as more immigrants continue to join the population over the next few years. Around the world, apartment-style living is the norm, even for families. So, what’s on the horizon? Parameters and prices fluctuate, but if real estate could thrive during 2020, the possibilities are limitless for 2021. As the market and the economy continue to evolve, the answer to “When is the best time to buy real estate?” will always be now. 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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nexthome.ca | myhomepage.ca 43

ADVICE | REAl INSIGHt

GTA SINGLE-FAMILY RESALE MARKET

STRONG IN NOVEMbER LISA PATEL

The story of single-family home sales in November is no different from what we’ve seen in the latter half of 2020. GTA realtors reported 8,766 residential sales to TRREB’s MLS System, which is an increase of 24.3 per cent when compared to November 2019. GTA realtors also listed 11,545 new properties, up by 33.5 per cent from last year.

Generally speaking, year-overyear growth in sales was stronger for single-family homes in the GTA regions surrounding the city of Toronto, but annual single-family growth rates remained robust in the 416 area code as well. Homebuyers continue to take advantage of very low borrowing costs, especially those looking to buy some form of single-family home. The competition between buyers for ground-oriented homes is extremely strong in many neighbourhoods throughout the GTA. Market conditions tightened in many single-family market segments,

NOVEMBER

2020

by the Numbers

$955,615 8,766 Average Selling Price

Total Residential Transactions

11,545

FOR SALE

Total New Listings Seasonally Adjusted Figures

Seasonality refers to a monthly (or quarterly) pattern that occursin roughly the same manner from one year to the next, e.g., salesare highest in the spring and lowest in the winter each year.

76%

Sales

$14K $10K $8K $6K $4K $2K $0

‘10 ‘11

Sales-to-New Listings Ratio

* Ratio between the number of homes sold and new listings entering the market. Sales-to-listings ratio is normally around 50% during a balanced market. A higher ratio implies a seller’s market, while a lower ratio implies a buyer’s market.

44 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Seasonally Adjusted Sales

$12K

‘12 ‘13 ‘14

‘15

‘16

‘17 ‘18 ‘19 ‘20

resulting in double-digit year-overyear increases in average selling prices for detached, semi-detached homes and townhomes. In November, the overall average selling price was $955,615, up by 13.3 per cent when compared to last year. CoNDo mARKEt moRE BAlANCED

On the other side of the market, condominiums are certainly more balanced than in previous years, with some buyers benefitting from lower selling prices when compared to last year. In addition, the number of new condominium apartment listings was almost double that reported in November of last year. More options in the condo market translated into a small year-over-year decline in the average unit selling price in the 416 area. However, this may be somewhat of a short-term phenomenon. Once we move into the postCOVID period, we will start to see a resumption of population growth, both from immigration and a return of non-permanent residents. This will lead to an increase in demand for condominium apartments in the ownership and rental markets.

Lisa Patel is President of the Toronto Regional Real Estate Board, a professional association that represents 54,500 professional realtor members in the Greater Toronto Area. You can contact her at trebpres@trebnet.com. For updates on the real estate market, visit trreb.ca.

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HOMES MAGAZINE

HOMES MAGAZINE NORTH NORTH REGION REGION

FEATURING BUILDERS AND AND COMMUNITIES COMMUNITIES FEATURINGPROFILES PROFILESOF OFNORTH NORTHREGION REGION ONTARIO ONTARIO BUILDERS

PICTURES ARE COURTESY OF DEMOCRAT HOMES. FOR MORE INFORMATION SEE PAGE 48. PICTURES ARE COURTESY OF DEMOCRAT HOMES. FOR MORE INFORMATION SEE PAGE 35.

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

nexthome.ca | myhomepage.ca 45

BUILDER PROFILE | ORO-MEDONTE

FOREST HEIGHTS ESTATES DEMOCRAT HOMES PRESENTS A WINTER WONDERLAND IN HORSESHOE VALLEY Horseshoe Valley has long been associated with winter activities – from skiing and snowmobiling to snowshoeing and ice fishing. Now, Democrat Homes is creating an exclusive and picture-perfect community, set in the centre of all the excitement. Situated just one hour north of Toronto between Orillia and Barrie, Oro-Medonte is a snow-lover’s paradise! But that’s only half the story. Forest Heights Estates offers brick and stone bungalow and two-storey single-family homes on treed ravine lots, nestled in nature but surprisingly close to all modern amenities. Big box stores, boutiques, restaurants, waterfront, schools, hospitals and a major university are a short drive nearby. Whether it’s winter or summer, the lifestyle is fantastic… towering pines and maples, oak trees and white birch dot the landscape. Breathe in the clean, fresh air as you listen 46 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

to the sound of serenity, interrupted only by the gentle chirping of birds. Now picture the home of your dreams framed against the greens, reds and browns of the Simcoe County Forest. This isn’t a fantasy or a pipe dream. This is the reality Democrat Homes is building for a fortunate few in the brand new Forest Heights Estates community in Horseshoe Valley. To match the stunning natural – and sometimes snowy – beauty of the nature all around, Democrat has raised the bar by offering exceptional standard features, bringing elegance and luxury inside every home it builds. Incredible standards include engineered hardwood floors, nine-ft. ceilings, oak stairs, insulated steel garage doors, upgraded trim and kitchen cabinets, 200-amp service, pot lights, tankless water heaters and more. Democrat wants to set every house apart with

a uniqueness and individuality that will speak to your refined taste. Bold brick and brick with stone elevations are dramatically silhouetted against the verdant greenery just outside your back door. Democrat Homes’ custom-style elevations feature architecturally refined exteriors, which include high-pitched roofs, classic masonry, decorative columns and pre-cast detailing (such as key-stones, banding and sills), giving every model a regal stature. Each lot is special, ranging from a minimum half-acre to private cul-de-sacs boasting premium lots that approach three acres of treed beauty. And then there are the homes. Classic two- or three-garage bungalows with nine-ft. ceilings, upgraded kitchens and finishes, sited on sprawling 100-by-200-ft. (minimum) sized lots. These single level homes range from 1,615 to 2,821 sq. ft. and incorporate large picture windows with ample views of the stunning landscape... of your own backyard! Other standard features include hardwood flooring, gas fireplace, granite counters, superior ceramics and designer finishes. Whether you just like the one-floor convenience or have had with climbing stairs, these are the perfect models for you. Of course, who can argue with the unmatched beauty, refinement and elegance of a classic two-storey estate home – especially in Forest Heights. The refined townand-country homes have found a perfect placement in picturesque Horseshoe Valley. These stunners offer highpitched roofs, two- and three-car garages, large verandas

and distinct windows on their brick and stone exteriors. Step inside to discover sizeable foyers, nine-ft. ceilings (some with vaulted and cathedral treatments), wood, tile and berber carpeted floors, large master bedrooms plus two or three additional generous bedrooms, and so much more. There are six exceptional models to choose from, ranging in size from approximately 2,400 to 3,500 sq. ft., one more beautiful than the other. Forest Heights is a real neighbourhood with fantastically fit empty-nesters and forever young families coming together in a celebration of fine living and fabulous surroundings. All homeowners will enjoy convenient access from Horseshoe Valley Road. And the homes are perfectly situated on a quiet main road as well as several one-of-a-kind cul-de-sacs. Democrat wants Forest Heights to be the place you choose for now and forever. It’s like no other community and the limited 80 lots truly make it truly exclusive. It is a special place that will remain a jewel in the heart of Oro-Medonte for years to come. Finally, you should know that these estate homes are available at about half the Toronto price, starting from the mid $700,000s. The first phase is almost sold out, but now is the time to register for Phase 2. Winter is the perfect period to find your forever home in Forest Heights. Sales manager, Mark Palumbo, handles every purchase personally and will help you navigate your new-home buying experience with ease. From the initial purchase to colour charts, electrical layouts and kitchen design, he will assist you with every aspect of your new home. For more information and to register, visit democrathomes.com or email mark@democrathomes.com.

nexthome.ca | myhomepage.ca 47

DON’T MISS OUT...50% SOLD! ORILLIA

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HOMES MAGAZINE

HOMES MAGAZINE SOUTHWESTERN

SOUTHWESTERN ONTARIO ONTARIO FEATURING AND COMMUNITIES COMMUNITIES FEATURINGPROFILES PROFILESOF OFSOUTHWESTERN SOUTHWESTERN ONTARIO ONTARIO BUILDERS AND

PICTURES ARE COURTESY OF DUNPAR HOMES. FOR MORE INFORMATION SEE PAGE 51. PICTURES ARE COURTESY OF DUNPAR HOMES. FOR MORE INFORMATION SEE PAGE 37.

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

Halton Hills • Hamilton • Kitchener-Waterloo • Milton Niagara • Oakville • Stoney Creek • And Surrounding Areas

nexthome.ca | myhomepage.ca 49

Refresh Reset Much like our lives, our spaces need a reset too! At D.O.T. Furniture, we have stylish and practical furniture and decor to spruce up your space and get you organized for a fresh new year.

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BURLINGTON

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705-737-5500

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416-787-0504

BRACEBRIDGE

CAMBRIDGE

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705-645-8686

519-622-9696

519-963-0350

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905-427-2025

905-856-7204

BRAMPTON

HAMILTON

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WHITBY

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905-789-7796

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416-241-1511

BARRIE

CLEARANCE MISSISSAUGA

905-238-3448

HOMES Magazine salutes the following companies for their dedication to customer service. After-Sales Service is an essential component of a healthy new home industry. These builders are proud of their commitment to the principles of excellent customer service.

DEDICATED TO

EXCELLENT

52 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

CUSTOMER SERVICE

nexthome.ca | myhomepage.caâ&#x20AC;&#x192; 53

HOT PROPERTIES

FIND YOUR NEXT HOME

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

MAP LOCATION 1.

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.......................................Vales of the Humber Estates ................................. McVean Dr. & Countryside Dr.............................................. regalcresthomes.com

10.

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

11.

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

12.

Brampton.......................................Claireville Urban Towns ......................................... The Gore Rd. & Queen St. ..................................................... royalpinehomes.com

13.

Brampton.......................................Upper Valleylands of the Credit River ................ Mayfield St. & Chinguacousy Rd. .......................................... fieldgatehomes.com

14.

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

15.

Brampton.......................................Mayfield Village ........................................................ 4585 Mayfield Rd. .................................................................countrywidehomes.ca

16.

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

17.

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

18.

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

19.

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

20.

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

21.

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

22.

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

23.

Caledon .........................................Palgrave Estates ....................................................... Mount Pleasant Rd. & Hunsden Rd. .................................................905-479-9292

24.

Caledon .........................................Pathways Caledon East .......................................... Old Church Rd. & Innis Lake Rd. .......................................................905-533-0439

25.

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

26.

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

27.

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

28.

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

29.

Former City of York .....................2650 St. Clair Ave W. ............................................... 2650 St. Clair Ave W .................................................................... dunparhomes.com

30.

31.

North York .....................................Saturday in Downsview Park 2 & Parkside Towns at Saturday......... 2995 Keele St. ............................................................................mattamyhomes.com

32.

North York .....................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. ......................................... fieldgatehomes.com

33.

North York .....................................Origins of Don Mills ................................................ Don Mills Rd. & Lawrence Ave. .............................................mattamyhomes.com

34.

North York .....................................Hounslow Station .................................................... Yonge St. & Hounslow Ave. ...................................................mattamyhomes.com

35.

North York .....................................Park Place on Patricia ............................................. Bathurst St. & Patricia Ave ......................................................mattamyhomes.com

36.

North York .....................................Linbury Hill ................................................................ Linelle St. & Franklin Ave. .......................................................mattamyhomes.com

37.

Kleinburg .......................................Kleinburg Summit Gallery On The Park............. Kipling Ave. & Teston Rd. ........................................................mattamyhomes.com

38.

Kleinburg ......................................New Kleinburg - An Impressions Community.......... Major Mackenzie & Highway 27................................................newkleinburg.com

39.

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

40.

Markham and Unionville ...........Canvas on the Rouge ............................................. 9700 Ninth Line ...........................................................................canvasmarkham.ca

41.

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

42.

Markham and Unionville ...........Cornell Rouge........................................................... 655 Cornell Centre Blvd. .............................................................. madisongroup.ca

54 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

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

MAP LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

43.

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

44.

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

45.

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

46.

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

47.

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

48.

Newmarket....................................Glenway Urban Towns ........................................... Bathurst St. & Highway 9 .............................................................andrinhomes.com

49.

Oshawa ..........................................Symphony Parkside Towns ................................... 250 Harmony Rd. S. ............................................................... symphonytowns.com

50.

Oshawa .........................................Southpointe Towns ................................................. Dean St. & Ritson Rd. ........................................................northstarhomesinc.com

51.

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

52.

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

53.

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

54.

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

55.

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

56.

Pickering ........................................Seaton ......................................................................... 1075 Taunton Rd. ......................................................................mattamyhomes.com

57.

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

58.

Pickering ........................................Seatonville ................................................................. Brock Rd. & Taunton Rd. ............................................paradisedevelopments.com

59.

Richmond Hill ..............................Centerfield ................................................................. Leslie St. & Stouffville Siderd. .............................................. royalpinehomes.com

60.

Richmond Hill .............................921 Bayview & Nineteenth .................................... Bayview Ave. & 19th Ave. ....................................................... royalpinehomes.com

61.

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

62.

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

63.

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

64.

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

65.

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

66.

Richmond Hill .............................Rosedale Greens ...................................................... Leslie St. & 19th Ave. .........................................................northstarhomesinc.com

67.

Richmond Hill .............................Bayview Gates .......................................................... Bayview Ave. & Bloomington Rd. ...................................... regalcresthomes.com

68.

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

69.

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

70.

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

71.

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

72.

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

73.

Scarborough .................................Twelve on The Ravine ............................................ 1379 Military Trail ....................................................................................905-477-1177

74.

75.

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

76.

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

77.

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

78.

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

79.

Whitby ...........................................The Hamptons at Country Lane .......................... Taunton Rd. & Country Lane ......................................................... heathwood.com

80.

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

81.

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

82.

Whitby ...........................................Waterside Villas ........................................................ Gordon St. & Scadding Ave. .................................................. fieldgatehomes.com

83.

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

84.

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

85.

Woodbridge ..................................Pine Valley.................................................................. Pine Valley Dr. & Major Mackenzie Dr. .....................................marlinspring.com nexthome.ca | myhomepage.ca 55

HOT PROPERTIES | GREATER TORONTO AREA

7 4 5 3

60 66

62 63 24

65 46 38 39

40 18 9

76 36 32

11 10 14

13 21 22 19 20 30 29

16 17 25 28 26

56 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

84 83 81

78 79

43 47

56 80

1 2 55

53 70

33 69 74

71 72

MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca | myhomepage.caâ&#x20AC;&#x192; 57

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..............Tyandaga Heights .................................................... Havendale Blvd. & Grant St. .................................................... nationalhomes.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..............Plains Rd. .................................................................... 484 Plains Rd. E.......................................................................... nationalhomes.com

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

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

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

10.

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

11.

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

12.

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

13.

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

14.

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

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

21.

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

22.

London ...........................................RiverBend Park ......................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

23.

London ...........................................Warbler Woods ......................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

24.

London ...........................................The Avenue ............................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

25.

26.

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

27.

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

28.

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

29.

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

30.

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

31.

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

32.

Milton .............................................Panorama................................................................... Tremaine Rd. & Steeles Ave. ........................................................andrinhomes.com

33.

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

34.

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

35.

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

36.

Mississauga ..................................National Homes Mississauga ................................ 1240 Britannia Rd. W. ................................................................ nationalhomes.com

37.

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

38.

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

39.

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

40.

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

41.

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

42.

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

43.

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

44.

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

58 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

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

MAP LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

45.

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

46.

Niagara Region ............................Riverside at Hunters Pointe................................... 71 Kyntre Trail............................................................................ lucchettahomes.com

47.

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

48.

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

49.

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

50.

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

51.

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

52.

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

53.

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

54.

Niagara Region ............................Harbourtown Village .............................................. Lakeshore Rd. & Bardol Ave. .................................................silvergatehomes.com

55.

Niagara Region ............................Great Blue Resorts ................................................... 612A Welland Ave., St. Catharines .......................................greatblueresorts.com

56.

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

57.

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

58.

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

59.

Oakville ..........................................Glen Ashton Estates in Joshua Creek................. Dundas St. & Trafalgar Rd. ..................................................................... menkes.com

60.

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

61.

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

62.

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

63.

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

64.

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

65.

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

66.

Oakville ..........................................Ivy Rouge ................................................................... Sixth Line & Burnhamthorpe Rd. ............................................................ivyrouge.ca

67.

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

68.

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

69.

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

70.

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

71.

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

72.

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

73.

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

74.

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

75.

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

76.

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

77.

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

78.

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

79.

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

80.

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

81.

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

82.

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

83.

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

84.

West Region ..................................Reflections Caledonia ............................................ 1437 McKenzie Rd .................................................................... ballantryhomes.com nexthome.ca | myhomepage.ca 59

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph 18

Waterloo 17 16

Kitchener

Milton 32

14 19

33 20

Cambridge 1 3 72

74 71

79 81

Brantford

Hamilton

75 10 11

LONDON

28 73 21 25

70 85

London 27 26

76 30 29

60 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

Mississauga

67 61 65 59 60 68 Oakville 58

62 64

MAPS Burlington

7 8

43 50

45 41

49 38

St Catharines

Niagara Falls 48 44

42 52

51 46 47

Welland

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca | myhomepage.caâ&#x20AC;&#x192; 61

HOT PROPERTIES | OUT OF TOWN EAST

FIND YOUR NEXT HOME L

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La k

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MAP wy W

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

LOCATION

SITE

ADDRESS

CONTACT

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

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

62 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

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

2 17 12 5 6

10 11

CARTOGRAPHY: MARKETMAPS.COM

15 16 3 4 13

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

LOCATION

SITE

8 9 7

ADDRESS

CONTACT

Barrie ..............................................Yonge & Mapleview................................................. Yonge St. & Mapleview Dr....................................................................greatgulf.com Bracebridge ..................................White Pines ................................................................ 39 Clearbrook Trail ...................................................................mattamyhomes.com Bradford .........................................Summerlyn Village .................................................. Downey Emerald Dr. & Summerlyn Trail .........................................greatgulf.com Bradford .........................................DreamFields .............................................................. McCann Cres. & Vipond Way ........................................................... rosehaven.com Collingwood Area .......................Mountain House at Windfall ................................. Mountain Rd. & Crosswinds Blvd ..............................georgianinternational.com Collingwood Area .......................Waterstone Modern Townes................................. Mountain Rd. & High St. ................................................................dicenzohomes.ca East Gwillimbury..........................Hillsborough ............................................................. Old Yonge St. & Yonge St. ....................................................................greatgulf.com Horseshoe Valley.........................Forest Heights Estates ............................................ 2 Diamond Valley Dr., Oro Medonte ................................. democrathomes.com Holland Landing ..........................AnchorWoods ........................................................... Leslie St. & Mount Albert Rd................................................ rosehavenhomes.com Innisfil .............................................Friday Harbour Resort ............................................ Big Bay Point Rd. & 13th Line.............................................................geranium.com Innisfil .............................................Innisfil Sandiego Home.......................................... 1655 Webster Blvd. .....................................................................sandiego-homes.ca 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 ................................................... 300 Hagan St. E. ..................................................................................flatogroup.com North Region ................................Edgewood Suites ..................................................... 270 Hagan St. E., Dundalk ................................................................flatogroup.com Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com

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ADVERTISER INDEX — Find ads easily inside this edition Activa.................................................. 52

FocalPoint.E-News............................65

Mountainview.Building.Group........... 3

Andrin.Homes.................................... 53

Georgian.International.............6,.7,.53

National.Homes........................... 13,.52

Ballantry.Homes................................ 52

Geranium.Homes........................ 53,.67

North.Star.Homes.............................. 52

Black.&.Decker...................................64

Great.Blue.Resorts............................64

Paradise.Developments................... 53

Branthaven.Homes.......................16,.16

Great.Gulf........................................... 53

Regal.Crest.Homes........................... 53

Brookfield.Homes............................. 53

Heathwood.Homes............................ 52

Rosehaven.Homes............................. 53

Country.Homes.................................. 53

Hotel.Vie............................................... 4

Royal.Pine.Homes............................. 52

D.O.T..Furniture..................................50

Lucchetta.Homes.............................. 52

SanDiego.Homes............................... 52

Democrat.Homes...............................48

Madison.Group.................................. 52

Sifton................................................... 52

Dunpar.................................................51

Marlin.Spring...................................... 53

Silvergate.Homes.............................. 53

Epoch.Times........................................31

Mason.Homes..................................... 53

Stateview.Homes.......................... 11,.53

Fieldgate.Homes...........................5,.52

Mattamy.Homes................................. 53

Tribute.Communities........................ 53

Flato.Developments.Inc........ 2,.52,.68

Menkes................................................ 52

64 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

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ADVICE | INDUSTRY REPORT

WHY BILD SUPPORTS ONTARIO’S CHANGES TO HOUSING REGULATIONS

AND YOU SHOULD, TOO DAVE WILKES

Finding a home to purchase or rent within a specific budget is more challenging in the GTA than in other parts of Ontario, whether one is looking for a highrise condominium or a single-family home. Fortunately, the provincial government has taken action and made regulatory changes that will help. Before the impact can begin to be felt, however, municipalities must update their bylaws and processes to meet the new requirements. This is why the Building Industry and Land Development Association (BILD) is calling on municipalities to take swift action and adopt the changes. A shortage of supply of new homes is at the heart of the GTA’s housing crisis. Simply put, the population of the region is growing faster than new homes are being added. Increasing housing supply is not easy, as building housing takes too long and costs too much. There is red tape, unexpected changes and government fees that add years of paperwork and can contribute tens of thousands of dollars to the cost of an average home.

“

Simply put, the population of the region is growing faster than new homes are being added.

”

66 HOMES Magazine | Dec. 19, 2020–Jan. 30, 2021

The current provincial government has recognized the housing supply challenge and its impact on Ontarians and has taken action. It has identified the root causes and have moved quickly to find solutions, while preserving Ontario’s agricultural sector and employment lands, protecting sensitive areas such as the Greenbelt and preserving cultural heritage. These changes streamline the new home building process, increase transparency and accountability, and require planning for growth and needed land for a longer time horizon using a market-driven lens. The government’s actions are very positive for the region. They will allow new home supply to better match demand, meeting the housing needs, for purchase or rent, of future generations, and will ensure that the GTA remains a welcoming place to call home. That’s why BILD and our members support the government’s changes. The Ontario government has done its job, and now it’s the municipalities’ turn. Many of the changes introduced by the

government require municipalities to update their processes and bylaws to achieve the intended outcome. Municipalities have up to two years, depending on the change, to come into compliance with the new provincial rules and regulations. The GTA’s housing supply challenge has been decades in the making and addressing it will take a concerted effort by municipalities, the provincial government and industry working in partnership over many years. To learn more about what needs to be done and how you can show your support, visit bildgta.ca. Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.

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