Eastern Ontario New Home & Condo Guide - Dec 10, 2016

Page 1

DEC 10, 2016 - JAN 7, 2017 VOLUME 16, ISSUE 23, FREE (4 WEEK ISSUE)

-O PULL UT SEC AL TI CI

N O

SP E

EASTERN ONTARIO EDITION

CO

FEATURING

N

DO M

IT IE S

spotlight on condos U INIU M COMM

N

NOW SELLING...

The North Shore at Greystone Village INSIDE THIS ISSUE

4 TRICKS TO SAVING FOR A DOWN PAYMENT FASTER

HOLIDAYS WITHOUT HASSLE: 10 SEASONAL SURVIVAL TIPS

CELEBRATING THE BEST IN OTTAWA’S NEW HOME SALES & MARKETING



Wishing you and your family all the very best this holiday season With joy and laughter and the most precious gift of all — time spent with the ones you love. Happy holidays from our family to yours.

ottawahomes.minto.com


AFFORDABLE LIVING MEETS INCREDIBLE STYLE IN SUMMERSIDE WEST

SUMMERSIDE WEST – YOUR IDEAL PLACE FOR MODERN FAMILY LIVING Summerside West is our thriving new community in Orléans. Ideal for energetic, modern families, your community is centred around a 27-acre park & pond complex. You’re also conveniently close to great recreation, entertainment and shopping. Make your best choice, visit our Sales Centre today.

ELEV. ‘A1’

VILLAGE HOME, THE APPLEBY ‘A1’ 1,100 SQ.FT. $229,990

SALES CENTRE HOURS

Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm

MODEL HOME HOURS

Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm


The Walnut Model Home in Summerside West, Orléans

Townhomes

From 229,990 $

Detached Homes

SALES CENTRE 2496 Tenth Line Rd 613-837-5056

From 322,990 $

Proud Partner of the Canadian National Track Cycling Team

30' HOME, THE MARIGOLD CORNER ‘A’ 1,710 SQ.FT. $354,990 36' HOME, THE PARKSIDE ‘A’ 2,669 SQ.FT. $451,990

43' HOME, THE WALNUT ‘A’ 3,218 SQ.FT. $524,990

All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.


Iconic Homes and Communities METICULOUS SITE SELECTION

CLASSIC, TIMELESS, WITH A TOUCH OF MODERN

UNIQUE, ARCHITECT DESIGNED HOMES

BOUTIQUE APPROACH TO HOMEBUILDING

BEAUTIFUL NEW HOMES IN KANATA

EXCITING NEW FLATS AND BROWNSTONES IN KANATA

ELEGANT NEW HOMES IN STONEBRIDGE

STUNNING ESTATE LOTS IN MANOTICK


ROCKCLIFFE

Wateridge Village is a new community minutes from downtown overlooking the Ottawa River. It celebrates both the legacy of the former Canadian Forces Rockcliffe Lands and the brilliance of modern urban design. Building on its reputation for quality craftsmanship and design excellence, Uniform will offer an inspiring collection of single-family and semi-detached homes, designed by Barry J. Hobin.

SALES PAVILION NOW OPEN

SALES PAVILION HOURS Mon – Thurs: 12 – 7pm Fri – Sun & Holidays: 12 – 5pm Hemlock East off St. Laurent 613.552.1004

Sign up online to receive Community Updates and exclusive access to new releases!

uniformdevelopments.com


Buyers are saving BIG and you can too*!

3 incredible eQ Homes’ communities. 3 home styles to choose from. 30 days to save.

Find your Dream Home at any of these three fabulous communities ROCKLAND

SINGLES – HIGH $300’S TOWNS – HIGH $200’S CONDOS – HIGH $200’S 235 L’etang Street, Clarence-Rockland

613.862.0167

KEMPTVILLE

SINGLES – LOW $400’S TOWNS – MID $300’S 88 Equinelle Drive, Kemptville, Off County Road 44

613.258.6488

STITTSVILLE

SINGLES – MID $400’S TOWNS – HIGH $300’S CONDOS – HIGH $200’S 339 Bobolink Ridge (off Fernbank Rd.)

613.404.8075

THREE FULLY FURNISHED, DESIGNER DECORATED MODEL SUITES

GOHBA AWARDED

2016

The

COMMUNITY OF THE YEAR

THREE FULLY FURNISHED, DESIGNER DECORATED MODEL SUITES

Learn more at

*Promotion extended until December 23rd, 2016. See sales representative for details. Not to be combined with any other offer. Prices and specifications are subject to change without notice. E. & O. E.

eqhomes.ca


WINNER OF THREE 2016 GOHBA SAM AWARDS


Award winning homes Claridge Homes was honoured with three awards from the Greater Ottawa Home Builders’ Association at the 2016 SAM Awards ceremony this year! Our Doyle model located at Spring Valley Trails in Navan won Best Single Family Home Model (2,000–2,4990 sq. ft.), The Strathcona model at Hunt Club Flats won Best Low Rise Condo Model, and The York model located at Waterstreet won Best High Rise Condo Model!

30th Anniversary Celebration In honour of Claridge’s 30th Anniversary, and in addition to the variety of luxurious features already included in the new Diamond Series single family homes, purchasers will receive a BONUS finished rec room in the basement. Plus, design your home your way with up to $10,000* to spend at the Design Centre!

*Prices and specifications are subject to change without notice. E.&O.E. Some conditions may apply. Not available for inventory or move-in ready homes. See sales representative for more details.


Move in ready homes This winter Claridge Homes is wrapping up the anniversary of our 30th year with our best offers yet. As Ottawa’s largest builder of homes and condominiums we have plenty of move in ready homes waiting for you across the city. Ready immediately, or in as little as 4 weeks, we have homes big and small that will fit your unique lifestyle.

SOPHIA II B (Findlay Creek)

THE BREWER (Hunt Club)

Immediate Availability 3400 sq ft Single Home (Lot 124) Over $55K in upgrades Only $592,900

Immediate Availability 940 sq ft 2 Bed Condo Flat (Block C Unit 101) Only $270,900

JACKSON (Barrhaven)

CHESTER 4 BED (Riverside South)

Immediate Availability 3030 sq ft Single Home (Lot 98) Over $30K in upgrades Only $602,900

Immediate Availability 2265 sq ft Single Model Home (Lot 111) Over $70K in upgrades Only $549,900

QUEENSBY IV (Navan)

UNITY (Kanata)

Immediate Availability 1705 sq ft Townhome (Block 36 Unit 189) Over $60K in upgrades Only $324,900

Immediate Availability 1875 sq ft Townhome (Block 10 Unit 53) Over $30K in upgrades, corner unit Only $391,900

ClaridgeHomes.com


contents DEC 10, 2016 - JAN 7, 2017 | VOLUME 16 ISSUE 23

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill SENIOR MANAGER, CONTENT

Jennifer Reynolds DIRECTOR OF SALES, NATIONAL

Moe Lalani SALES MANAGER, EASTERN ONTARIO

Paul Bimm

C05

trending

C05 GOHBA

The SAM Awards – building to impress in Ottawa

ON THE COVER

26

eQ Homes

The North Shore at Greystone Village

032 Housing Strategy

Can Ottawa deliver on a National Housing Strategy?

036 Year in Review

A look back at the major newsmakers of 2016

EDITOR

Wayne Karl ART DIRECTOR

Tammy Leung CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit Lydia McNutt

SALES CO-ORDINATOR, EASTERN ONTARIO

Sarah Khan

NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

Dennis Ng

advice

GRAPHIC DESIGNERS

C10 Home Smarts

Downsizing – making the most of smaller spaces

Miguel Cea Mike Terentiev

by Marnie Bennett

Condo Insert | C01-C16

Spotlight on Condos

Your guide to new condo communities in the Gatineau and Greater Ottawa Area in every issue

014 Editor’s Note

024 GOHBA Report

Reform at the Ontario Municipal Board by John Herbert

PUBLISHED Saturdays, 2016 Publishing Schedule:

028 Quick Tips

Holidays without hassle: Tips to survive the season by Hellen Buttigieg

031 Mortgage Advice

030 Mortgage Rates

4 tips to save for a down payment faster

034 Hot Properties

by Alyssa Furtado

040 Advertisers Index 042 Neighbourhood Profile

+ online

043 What’s Online NEIGHBOURHOOD

property profile

026 eQ Homes

The North Shore at Greystone Village

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1 ADVERTISING Call 416.626.4200 for advertising rates and information. CIRCULATION Free distribution in select hightraffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to wayne.karl@ ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.



Editor’s Note

Can 2017 possibly equal 2016? Maybe

WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

WILL 2017 EQUAL 2016 in terms of housing market performance in the GTA and elsewhere in Canada? Of course, the answer depends on which area you’re talking about. But in the case of Toronto and the surrounding area? It’s quite possible. This year was certainly a milestone for Canadian real estate. Record prices in Vancouver and Toronto have affordability in those markets generating national discussion. Another round of mortgage rule changes could leave first-time buyers on the outside looking in. Donald Trump’s recent U.S. election victory has many people speculating that Americans will head north en masse, causing further issues with demand and pricing of our real estate. And our federal government is working on presenting, some time next year, Canada’s first National Housing Strategy – itself a near impossible task. Indeed, 2016 was quite the year. But all you really need to be concerned with is what’s going on in your market. And in Ottawa, most forecasts call for slow and steady growth. A variety of factors will lead to fewer new detached homes, and an increasing supply of townhomes – providing buyers with an affordable lowrise housing option in desirable areas.

ONLINE

SEE MORE PHOTOS ONLINE

The Byward Market is the place to be if you’re looking for constant stimulation. There is an electric buzz of people, music, traffic and bicycle bells. Read the full story…

ypnexthome.ca/byward-market

+ get social 14 YPNEXTHOME.CA

Interact with us on social media: ypnexthome


NT

RE

TO

DA Y!

N

N OP OW E

Welcome to Northshore at Greystone Village, a limited collection of Riva Towns and Vista Singles alongside the Rideau River, steps to hiking, biking and water sports and minutes to downtown. Featuring urban two-bedroom plus den Townhomes with contemporary features and two to three bedroom plus den Singles with meticulously finished and wellappointed spaces.

VI

SI

T

TH

E

SA

LE

S

CE

RIVERSIDE SINGLES & TOWNS IN OLD OTTAWA EAST

417

y swa een Qu

ve. sA Lee

St. gg Cle

Rideau River

GREYSTONEVILLAGE.CA

ve. te A OblaSITE

St. Main

Rideau Canal

Colonel By Dr.

Queen Elizabeth Dr.

t. aS bell Isa ve. ia A r o t Pre

Renderings are Artist’s Concept. E. & O. E.

SALES CENTRE 175A MAIN ST.

Lees Ave. Exit

Metcalfe Exit

MON-FRI 11AM - 6PM SAT & SUN 12PM - 5PM




you’ve arrived

luxury condo in barrhaven

1 & 2 bedroom

Steps from Longfields Transit Station. Facing South Nepean Park. granite kitchen countertops • upgraded light fixtures • elevator • underground parking • 6 appliances

*Artist’s Rendering of the Euro Star shown. See Sales Consultant for details. E. & O.E.

*Artist’s Rendering of the Traveller shown. See Sales Consultant for details. E. & O.E.

Doctor’s Clinic, Physiotherapist, Pharmacy and a Dentist’s Office.

Only 1 Commercial Unit Available — Inquire Today!

CONSTRUCTION ALMOST COMPLETE! Longfields Station Sales Centre | Model Homes 600 Via Campanale Avenue

campanale.com/station

email: longfields@campanale.com


CALLAHAN ESTATES | VISIONARY SERIES The Lincoln 1,400 sq. ft.

*Artist’s Rendering of the Lincoln shown. See Sales Consultant for details. E. & O.E.

Bungalows priced from the

LOW LO

$300’s

Choice of look-out or walk-out lots!

The Edison 2

1,263 sq. ft.

*Artist’s Rendering of the Edison 2 is shown. See Sales Consultant for details. E. & O.E.

visit us at our model home & sales centre

Sales Centre Hours: Mon. – Wed. 11am – 7pm Weekends:12– 5pm (Closed Thursdays & Fridays)

campanale.com/visionary


$

0% 0 d iN o te WN re + st *

PLATEAU DU PARC 9 KM FROM PARLIAMENT

Corner of ch. Pink & boul. des Grives, Gatineau

$

0% 0 d iN o te WN re + st *

From the $320’s*

PLATEAU SYMMES 11 KM FROM PARLIAMENT 895-3 Boul du Plateau, Gatineau

$

0% 0 d iN o te WN re + st *

From the $200’s*

DOMAINE DU VIEUX-PORT 9 KM FROM PARLIAMENT

1400 boul. St-Joseph, Gatineau

$

0% 0 d iN o te WN re + st *

From the $320’s*

PETRIE’S LANDING I 21 KM FROM PARLIAMENT

8865 Blvd. Jeanne d’Arc, Orléans

$

0% 0 d iN o te WN re + st *

From the $190’s*

PETRIE’S LANDING II 21 KM FROM PARLIAMENT

8865 Blvd. Jeanne d’Arc, Orléans

$

0% 0 d iN o te WN re + st *

From the $280’s*

LOREKA COURT 29 KM FROM PARLIAMENT

171 Loreka Court, Ottawa

$

0% 0 d iN o te WN re + st *

From the $420’s*

CARLETON CROSSING

51 KM FROM PARLIAMENT 117 McGregor street, Carleton Place

From the $260’s*

• Hardwood floors • 9 foot smooth ceilings • PVC kitchen cabinets & quartz countertops • Glass-panel shower & freestanding bath

• High end finished • 9 foot smooth ceilings • PVC kitchen cabinets & granite countertops • Glass-panel shower & freestanding bath

• Hardwood floors • 9 foot smooth ceilings • PVC kitchen cabinets & quartz countertops • Glass-panel shower & freestanding bath

• Engineered hardwood floors • 9 foot smooth ceilings • PVC kitchen cabinets & granite countertops • Glass-panel shower & luxurious soaker tub

• High end finished • 9 foot smooth ceilings • PVC kitchen cabinets & granite countertops • Glass-panel shower & luxurious soaker tub

• Hardwood floors • Gas fireplace with surround • PVC kitchen cabinets & granite countertops • Glass-panel shower & luxurious soaker tub

• Hardwood floors • Gas fireplace with surround • PVC kitchen cabinets & granite countertops • Glass-panel shower & luxurious soaker tub

*See Sales Representative for details. Prices, specifications, specifications, features and offerings offerings are subject to change without notice. E & O.E. Promotions may be changed and/or cancelled at any time without notice.

819.776.4663

819.682.4663

819.777.4663

613.824.4059

613.824.4059

613.831.0126

613.257.4079

brigil.com


Hotel-inspired luxury condos 121 Parkdale symbolizes the ultimate blend of urban design in a hip and cool environment with cultural vibrancy, just steps from one of light rail station, greenspaces and riverside pathways.

register At 121 PArkdAle.com

121 PArkdAle 121 Parkdale Ave. Ottawa, ON

613.627.2970


Fall in love WITH A NEW VALECRAFT HOME

$100,000 less than the city *

Move into your dream home for $100,000 less than the city. Brand new designs and layouts are being unveiled in Embrun with only a handful of Pond Lots available.

Bungalows starting at $319,900 2 Storey Single Homes starting at $331,900

The Steel

The Morgan

The Alexander

The Steel

If you need to move fast we have move-in homes ready for you.

The Normandy $409,900 $399,900 Move-in Ready 4 beds & 2.5 baths

The Hartin $419,537 Move-in Ready 4 beds & 2.5 baths

(613) 370-0288 605 Bruxelles St. Embrun ON Limited time offer. See sales consultant for details. *An estimate. Prices, terms and speciďŹ cations are subject to change without notice. E & O.E.


DEC 10, 2016 - JAN 7, 2017 VOLUME 16, ISSUE 23, FREE

EASTERN ONTARIO EDITION

SAM AWARDS 2016 WINNERS

YOUR PULL-OUT GUIDE to highrise, conversion, loft, terrace & townhome condo projects


GET UP TO

$10,000* GIFT-CARDS ON AN ARTHAUS CONDOMINIUM PURCHASE** FROM NOVEMBER 10TH TO DECEMBER 31ST, 2016

spotlight on condos

ONE OF A KIND PIECES, INSPIRING AMBIANCES AND WORLD TREASURES FOR THE HOME

C2

IT’S IN OUR NATURE

SALES GALLERY 264 RIDEAU STREET MONDAY TO THURSDAY: 12:00 PM TO 6:00 PM WEEKENDS AND HOLIDAYS: 12:00 PM TO 5:00 PM (CLOSED ON FRIDAYS)

REGISTER NOW ARTHAUSCONDOS.COM 613 909 3223

*Get a $5,000 Artemano gift-card on a studio or a one-bedroom unit, and a $10,000 Artemano gift-card on a one-bedroom + DEN suite or larger with your purchase at Arthaus condominiums. Penthouse (23rd floor) NOT included in this promotion. Valid for new purchases between November 10th and December 31st, 2016. **Eligible Purchasers must successfully complete 10-day rescission period, have initial 10% deposit clear trust account, provide mortgage approval and ALL post-dated cheques required. Payable 30 days prior to Occupancy and after all above-noted items have been satisfied. Promotion is subject to change without notice and is offered while supplies last. Incentive is not available in conjunction with any other promotions or incentives and may not be combined with any other special offers and are not transferable. See Sales Representative for details. TradeUp Real Estate Inc., Brokerage. Brokers Protected. E. & O.E. November 10th, 2016.


Revision Final Bleed

Insertion date

Material Deadline

Studio

Anything but mainstream

613 806 6246 | CornersOnMain.ca

C3

Ad Number

Sales Centre, 223 Main St. at Hazel, Mon – Thurs 12 – 6pm, Sat – Sun 12 – 5pm

spotlight on condos

Final Trim

Final Live

There is much to love about the revitalization of Main Street in Old Ottawa East. But when choosing a new home, only Domicile can give you a condo with just as much character as the street itself. Discover a new way of life, and a new way of living, at the Corners on Main presentation centre. Phase 2 is now selling, but won’t be for long.


E IN MOV YEAR THIS

spotlight on condos

DOWNTOWN LIVING RICHCRAFT STYLING

C4

condos + lofts IT’S ON ITS WAY. The Bowery Condos by Richcraft. Located at 255 Bay — just steps from the Lyon Street LRT station. European appliances, quartz counter tops, hardwood a place to gather, lounge, eat, swim and workout. Presentation Gallery: 136 Bank street. MODERN STUDIO, 1+2 BDRM + 2 STORY LOFTS FROM $194,000

THEBOWERYCONDOS.CA • 613.695.7577


Greater Ottawa Home Builders’ Association | TRENDING

condo cover story

SAM Awards THE SAM AWARDS celebrates the

Greater Ottawa Home Builders’ Association’s (GOBHA) best in sales and marketing innovation. At this year’s awards ceremony, many of Ottawa’s top builders received recognition for outstanding work. Judges had 102 contenders (up from 97 in 2015) to choose from in awarding the most accomplished sales staff, the best sales centres, and the best marketing teams. This

year, the GOBHA added four new categories (best radio ad, best digital ad, best social media ad, best social media ad industry partner) bringing the total number of trophies to 35, including the Grand SAM. The GOBHA is thrilled to see attendance, submissions and interest continue to grow for this event. The SAM Awards are a recognized event in the city – an event local builders excitedly await each season.

spotlight on condos

Building to impress in Ottawa

C5


spotlight on condos

Best Community eQ Homes is setting its mark on the Ottawa home building stage. It swept into the SAM Awards and took home the Best Community trophy for its lifestyle community, eQuinelle, in Kemptville. Only minutes south of Ottawa and 250 metres from the Rideau River, eQuinelle surrounds the exceptional eQuinelle Golf Course. Bracketed by parks and nature trails, the course is a mere two km from the heart of Kemptville. The convenience of urban living combines perfectly with this lifestyle community. “We’re honoured that eQuinelle won best community at the SAM awards,” says Katherine Toms, digital marketing co-ordinator for eQ Homes. “This award in particular means a lot since we pride ourselves on enriching lives, and to us that means promoting a strong sense of community.” eQ is currently developing an exciting new project, GreyStone Village, which is a spacious new community on Main Street only

C6

The Grand SAM Uniform Urban Development, a boutique builder, took home the GRAND SAM Award at this year’s event. For more than 25 years, Uniform has built iconic homes and communities in some of Ottawa’s finest neighbourhoods, including Kanata, Manotick and Barrhaven. “Uniform is thrilled to win this year’s Grand SAM award,” says Ryan MacDougall, Uniform’s marketing co-ordinator. “Our brand is very important to us, so being recognized amongst our peers for our marketing efforts means a lot.” Uniform is currently building stunning projects in Rockliffe, Manotick and Kanata. Uniform is known for choosing some of the most pristine and sought after locations in the city for its communities. The GOHBA represents the home building and renovation professionals in the Greater Ottawa, Ontario region. Builders, renovators, designers, trade contractors, suppliers and financial

MORE TRENDING ONLINE ypnexthome.ca/news

blocks from the Canal. eQ also won the award for Best Bungalow model attached for their model, The Augusta. This spacious bungalow offers 1,329 sq. ft. of living space with two bedrooms and two bathrooms. The Augusta is located in eQ’s family-friendly community of Clarence Crossing.

institutions are the core of the association’s membership. GOHBA members have benefited in many ways through their membership. Being a successful entrepreneur in the housing industry means being a member of the GOHBA.


SAM Awards

2016 Winners

Best Builder Sales Assistant

Best Builder Social Media Ad

Best Builder Marketing Campaign

Cristina Crothers Glenview Homes

*TIE* Campanale Homes Richcraft Group of Companies

Fineline Perspective with Lépine

Best Industry Partner Social Media Ad

TRUEdotDESIGN with Urban Quarry

Best Bungalow Model Attached

TRUEdotDESIGN with Marchand Lighting and Electrical

Best Builder Website

eQ Homes The Augusta

Best Builder Sales Representative Thomas Speckmann PMA Breathour Realty Group

Best Industry Partner Sales Representative Dan Kosabek Royal Bank of Canada

Best Industry Partner Marketing Campaign

TRUEdotDESIGN with Uniform Urban Developments

Best Builder Project Logo/Identity TRUEdotDESIGN with Northwood Custom Built

Best Industry Partner Website

Glenview Homes

Best Industry Partner Project Logo/ Identity

Best Industry Partner Sales Team

TRUEdotDESIGN with Henrietta Southam

Best Town Home Model 1,500 sq. ft. and under

TRUEdotDESIGN with Henrietta Southam

Best Builder Sales Team

Amsted Design-Build

Richcraft Group of Companies The Cambie

Best Builder Sales Centre Best Design Centre Consultant

Domicile Developments

Leah Wellstein Glenview Homes

Best Town Home Model Over 1,500 sq. ft.

Best Builder Design Centre

Richcraft Group of Companies The Stillwater

Tartan Homes

Best Builder Print Ad Fineline Perspective with Lépine

Best Industry Partner Showroom

Tartan Homes The Cambridge

Best Bungalow Model Single – over 1,500 sq. ft. Uniform Urban Developments The Douglas Loft

Best Condo Model Low Rise Claridge Homes The Strathcona

Best Condo Model High Rise Claridge Homes The York

TRUEdotDESIGN with Urban Quarry

Best Single Family Home Model 2,000–2,499 sq. ft.

Best Builder Brochure

Claridge Homes The Doyle

eQ Homes eQuinelle

Best Single Family Model Home 2,500–2,999 sq. ft.

Most Environmentally Friendly Builder

Best Builder Radio Ad *TIE* Campanale Homes Urbandale Construction

Best Single Family Home Model 3,000 sq. ft. and over

Domicile Developments

Best Builder Digital Ad

Best Marketing Innovation (Open Category)

TRUEdotDESIGN with Uniform Urban Developments

TRUEdotDESIGN with Uniform Urban Developments

RND Construction The Orchard

Best Community

RND Construction

Industry Partner of the Year TRUEdotDESIGN

GRAND SAM Uniform Urban Developments

DEC 10, 2016 - 7 JAN, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7


Buy at CLARIDGE FUSION and save $50,000 on your purchase price* Your Own Urban Oasis At Claridge Fusion, all of life’s pleasures come together in one eco-friendly living environment. Fusion is LEEDŽ Silver certified, and incorporates our most comprehensive array of green initiatives yet. Buy a 2 bedroom unit now and close in 2016 to receive a limited time offer of $50,000 off your purchase price, plus a free parking spot! Visit our sales centre today for more details.

spotlight on condos

300 Lett Street 613.232.2049

C8

www.claridgefusion.com

* Excludes boutique townhomes, parking spot included with purchase. Must close before December 31, 2016 to receive offer. Prices and specifications are subject to change without notice. E.&O.E.


moreValue

Move-in ready units. Up to $10,000 in designer finishes included! STIRLING PARK | MERIVALE Now occupying! 1 & 2 bedroom units starting from $272,000 330 Titan Private, Unit 107, Ottawa 613-224-0330 WATERSTREET | LOWERTOWN Now occupying! Studio, 1 & 2 bedroom units starting from $195,000 316 Bruyère Street, Unit 112, Ottawa 613-680-6560 CLARIDGE PLAZA 3 | RIDEAU STREET Models now open! Move-in ready 1 & 2 bedroom units starting from $339,000 244 Rideau Street, Ottawa 613-241-3235 File is half size FINAL: 48” x 48”

CLARIDGE PLAZA 4 | RIDEAU STREET Now occupying! Studio, 1 & 2 bedroom units starting from $232,000 244 Rideau Street, Ottawa 613-241-3235

FUSION | LEBRETON FLATS Models now open! Move-in ready 1, 2 & 3 bedroom units starting from $278,000 300 Lett Street, Ottawa 613-232-2049 TRIBECA EAST | DOWNTOWN METCALFE Now occupying! Studio, 1 & 2 bedroom units starting from $248,000 56 Nepean Street, Ottawa 613-234-1780

moreChoice

CLARIDGE ICON | LITTLE ITALY Now under construction! 1 & 2 bedroom units starting from $291,000 485 Preston Street, Ottawa 613-695-1441

THE LOFTS AT TRIBECA | DOWNTOWN METCALFE Now under construction! 1 & 2 bedroom units starting from the mid $400s Includes underground parking 56 Nepean Street, Ottawa 613-234-1780

ClaridgeHomes.com

spotlight on condos

Now under construction. Secure your new home and ask about our upgraded finishes at these locations.

C9


Advice | HOME SMARTS

The downsizers Making the most of smaller spaces By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice

A SPACIOUS TWO-STOREY on an ample lot: it’s what many of us aspire to. But a sprawling estate home isn’t for everyone. Many of my returning clients have found that, once the children have grown up and moved away, the family home is far too large for their needs. A few have found themselves obliged to move due to a change in financial circumstances. And a small but growing group are interested in decreasing their ecological footprint: they want to live within walking distance of work and amenities, in a smaller home that requires less energy to run. Now, smaller doesn’t necessarily translate to more modest. I’ve seen jewel box condominiums that are incredibly luxurious and inviting, in part because of an intelligent use of space. Over my years in the business, I’ve seen thousands of home interiors, exquisite and otherwise. I’ve seen what works and what doesn’t. And when I’m working with clients who are clearly nervous about moving to a smaller home, I like to pass along what I’ve learned. The most frequent mistake I’ve seen stems from downsizers’ reluctance to part with their large-scale furniture. Even the most expensive and beautiful chesterfield will look awkward if it dwarfs the rest of the room. As a rule, smaller rooms are complemented by furniture with slender lines, whether traditional or modern in design. Some furniture lines are designed specifically with smaller spaces in mind; seek these out. For many downsizers, storage presents the biggest challenge. C10 YPNEXTHOME.CA

Investing in closet organizers, beds with built-in drawers and pieces such as storage ottomans can make a big difference. One tremendous benefit of purchasing a new home is that you’re usually presented with various storage options. If you feel daunted by limited kitchen and bathroom space, select extra-tall kitchen cabinets and vanities rather than pedestal sinks. Finally, I can’t stress enough how important it is to unload your excess possessions before you move. Difficult as it is, you must be merciless: if you haven’t used something in the last year, it should be donated to your local thrift store, or sold. For those who have difficulty parting with things, I strongly recommend hiring a personal

organizer. These professionals are whizzes at simplifying your life. And then, surrounded only by things you truly love, you can happily welcome the next chapter in your life! To receive a free copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars When You Buy” email sales@ bennettpros.com Marnie Bennett is a broker and team leader for Bennett Property Shop Realty, a full premium service real estate brokerage specializing in marketing and selling new and resale homes, condominiums and investment real estate. Marnie is the host of two weekly radio shows Marnie’s Real Estate Hour and The Real Estate Edge, a millionaire real estate investor and a wealth management coach. bennettpros.com


Live and Play ON THE

SOUTH COAST OF CANADA TALL SHIPS LANDING IS LOCATED IN BROCKVILLE, CITY OF THE WORLD FAMOUS 1000 ISLANDS. TALL SHIPS COTTAGE-INIUMS™ COMBINE CAREFREE CONDO LIVING IN AN EXTRAORDINARY COASTAL RESORT, AFFORDING YOU MORE TIME FOR MAKING MEMORIES WITH FAMILY AND FRIENDS.

NEW

UP TO

S” TE

OMIZATION S UST UI “C

$100,000 CASH BACK

WH

IL E

QUANTITIES L

AS

T

BEST RECREATIONAL WATERFRONT LIFESTYLE IN CANADA

613-498-7245 (SAIL) | TALLSHIPSLANDING.COM |

Co-operating Brokers Welcome

spotlight on condos

To book a viewing contact TallShipsLanding@Fuller.ca

C11


C12

spotlight on condos


spotlight on condos

C13


C14

spotlight on condos


spotlight on condos

C15


HOME FOR THE

Limited number of riverfront suites in the heart of Westboro, steps to transit, cafés, shops, bike paths, trails and beaches. 85% sold, great selection still available.

MOVE IN NOW** CONDOS IN WESTBORO FROM $269,900* TOUR THE MODEL SUITES TODAY! a aw

r ve Ri

Parkway

tt

O

UPPERWEST Richmond Rd. Churchill Ave.

Roosevelt Ave.

C16

BUY TODAY AND CELEBRATE THE HOLIDAY SEASON IN YOUR NEW HOME AT MINTO UPPERWEST!

Broadview Ave.

spotlight on condos

Holidays

485 RICHMOND ROAD MON – THURS: 11AM – 7PM | CLOSED FRIDAY SAT & SUN: 11AM – 5PM LIVEUPPERWEST.COM | 613.788.2786

*Prices and specifications are subject to change without notice. **On select suites. See Sales Representative for details. Rendering is artist’s concept. E.&O.E.



Advice | GOHBA REPORT

Ontario Municipal Board reform

By John Herbert

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THE PROVINCIAL GOVERNMENT has commenced a review of the scope and effectiveness of the Ontario Municipal Board (OMB), an important part of the province’s land use planning system. The OMB is a quasi-judicial administrative body that acts as a court of appeal and renders decisions based on planning documents which are primarily the Ontario Planning Act and two municipal documents being an 24 YPNEXTHOME.CA

Official Plan (OP) and Comprehensive Zoning bylaw (ZB). These planning “rules” are public information so that citizens know what can be done. The Planning Act generally describes how land use controls may be established in the province including who may establish the rules, the processes and procedures that must be used. The Official Plan is a “road map” for land use and generally describes what the city would like to achieve over the next five years and beyond according to the horizon stated in the official plan. Finally, the zoning bylaws provide the details needed to implement the OP, including specific land use controls, and so these two documents must be well synchronized to achieve the desired results. It is important to note that, as

with the court system, the decisions made by the OMB are based on planning evidence, provided by expert witnesses under oath, which ensures that long-term public policy objectives, rather than short-term local political calculations, are upheld. Without an independent tribunal that specializes in planning law, such as the OMB, it would be more difficult to achieve provincial and municipal policy goals. Without an administrative body for third party review, land use related disputes would end up in the court system. We believe that the court system would not have the same level of planning expertise, which could lead to inconsistent and unpredictable results that are not in the best interest of the public, while increasing the costs of participation


MORE ADVICE ONLINE ypnexthome.ca/news/advice

for everyone including public opponents. Furthermore, the existence of an informed tribunal to adjudicate planning appeals has a positive role in focusing the work of everyone to work within the established planning regime with integrity. The fact that the OMB makes its decisions based on objective, fact based planning rules and evidence has resulted in a consistently high quality of urban growth across Ontario. The province and cities get to make the planning rules and the OMB has the responsibility of enforcing them. As with any court or adjudication system, there will always be perceived winners and losers or degrees thereof. Those who do not obtain the result they want, often become understandably emotional and look for ways to get what they want by having the rules changed. Objections to the OMB are not made on the basis that it made a bad planning decision based on the evidence. The objections are based on some people not getting what they want and preferring to uphold a political decision which is likely not based on the established planning rules. This is the difference between an objective planning based process and a political decision and forms the basis of the review. There are two categories of changes currently being considered for the OMB. The first category deals with making the operations of the OMB more efficient and user friendly and are generally supported by residents, government and industry alike. One proposal is to increase the OMB’s resources so it may offer more assistance in matters in order to achieve better, faster, more efficient decisions. Residents and Community Associations could receive professional planning advice up front through an enhanced Community

Liaison Office which would give them better information on making a determination about their chances of success or failure. Another proposal is to consider or require mediation for all appeals to reduce the number of full hearing cases that must be dealt with by the OMB. Almost 50 per cent of the appeals before the OMB are from Committee of Adjustment

“The fact that the OMB makes its decisions based on objective, fact based planning ’rules’ and evidence has resulted in a consistently high quality of urban growth across Ontario.” decisions dealing with very site specific issues such as the location of a deck and yard setbacks – another proposal is to create new local appeal bodies to deal with these issues rather than going through the Board process. The second category of changes being considered would alter the nature of the OMB by revising its responsibilities and its authority. Instead of acting as a quasi-judicial body able to make evidence based planning decisions it would be revised, some would say reduced, to a highly subjective, role to determine whether council decisions are reasonable. Consider for a moment, the opinions that exist in today’s diverse culture on any matter whatsoever and what the challenges would be in determining whether any of them were reasonable. This form of highly subjective, decision making

is what we must try to avoid, not what we should be striving to create. The City of Ottawa Council recognized this clearly in its OMB discussion of Wednesday, Nov. 23 when it voted 14-9 against a motion that would require the OMB to review Municipal Council decisions on a standard of reasonableness. Another change being considered proposes provincial government funding to cover the costs of individuals or CAs who launch appeals. This would grant favoured status to one party in what is supposed to be a fair and level playing field for all participants. As with any court system case, individuals, companies or organizations must weigh the costs of pursuing legal action against the odds of winning or losing. This is the basis of all legal activity and should be no different for OMB operations. The Board is already, according to many, overly accepting of frivolous and vexatious appeals in not awarding costs to proponents. Free funding of appeals going forward would result in a dramatic increase of appeals, bog down an already overloaded system and require further taxpayer support. There are a number of wellintentioned residents and elected officials who feel that their decisions should prevail at all costs. The majority believe that any system requires checks and balances to ensure that fair and equitable solutions can be assured. We can only hope that those who make the final decisions believe in a balanced approach to resolving urban growth issues but if not, then we should have the OMB to provide the needed checks and balances. John W. Herbert is executive director of the Greater Ottawa Home Builders’ Association. He can be reached at 613.723.2926, ext. 224, or visit gohba.ca

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 25


Property Profile | EQ HOMES

cover story

The North Shore at Greystone Village Stunning collection of towns and singles alongside the Rideau River NESTLED BETWEEN the Rideau River

and Rideau Canal, Greystone Village is a 26-acre mixed-use, masterplanned community inspired by the area’s 100-year old history. Phase 1, launched in September of 2015, has been a tremendous success. When completed, Greystone Village will have more than 900 superbly designed homes along with shops, pedestrian-friendly boulevards, a central event plaza, beautiful greenspaces and a scenic waterfront. Main Street holds more than a century of history, and the homes 26 YPNEXTHOME.CA

that branch off this street stand as classically built houses with character. The Oblates land is no exception. The picturesque laneway that leads to the heritage building is lined with stately overarching trees that carry a history of their own. It is this beauty and history that will be maintained in the redevelopment of the land. In the fall of 2016, eQ Homes launched The North Shore at Greystone with great success. The North Shore is a stunning limited collection of towns and singles alongside the Rideau River, where hiking, biking and water

sports are right outside your doorstep. Smart simplicity and unique features make city living imaginable in a more relaxed riverside setting. The North Shore is conveniently connected to downtown. Arts, culture, shopping, sports and entertainment, are all just minutes away. Homes designed by Barry J. Hobin Architects reference the natural textures and landscaping found throughout Greystone Village, while efficient, open-concept interiors mean that families can take advantage of the living space. The Phase 2 collections


Location

Ottawa Builder

eQ Homes Development

Greystone Village Home Type

Singles, townhomes and condominiums Sales Centre

175A Main St., open Monday to Friday 11 a.m. to 6 p.m., Saturday and Sunday noon to 6 p.m. Contact

613.569.3043 sales@greystonevillage.ca

include 36 Riva townhomes and 13 Vista single-detached homes. The North Shore at Greystone Village is home to some of the most intelligent and elegantly-crafted townhomes in the city. Careful, thoughtful design was infused into each of the three-storey Riva Towns. Unique two-bedroom plus den homes are designed with pride of craftsmanship and the best in contemporary interior features and finishes. From rear-lane access garages, to rear-facing barbecue decks and

landscaped front yards, no detail has been overlooked in the Riva Towns. The Vista Collection in The North Shore welcomes you with naturaltone exteriors that feature extra-large windows and front porches graciously overlooking the streetscape and frontage beyond. Two- to threebedroom plus den interiors are bright and open, with state-of-the-art, meticulously finished, and wellappointed spaces, including gourmet kitchens and designer ensuites.

Each unique Vista detached home features easily accessible rear-lane garages and all of the thorough design considerations that are characteristic of the homes at Greystone. Located just minutes from the downtown core in a scenic and historic setting, Greystone Village is quickly becoming one of Ottawa’s most desirable communities to live, work, play, shop and more. Greystone Village is also Ottawa’s only public LEED-ND candidate community! The Regional Group & eQ Homes are proud to lead the way in green design principles in Ottawa. The North Shore had a successful launch in the fall of 2016. There is still a great selection of homes remaining. Don’t miss out on the chance to own one of these spectacular homes. Visit eQ Homes today at greystonevillage.ca or drop by the presentation centre for more information.

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 27


Advice | QUICK TIPS

Holidays without hassle 10 tips to get you through the festive season

By Hellen Buttigieg

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THE HOLIDAYS ARE A WONDERFUL

opportunity to see old friends, enjoy time with family, celebrate the events of the year past and dream about the year approaching. But it’s also hectic, with shopping, wrapping, traveling, entertaining, and cleaning up after it all. The worst thing that can happen is to wish it all away, thinking you’ll be happy when it’s all over. It’s a lot of work, but these 10 tips will help keep you organized – and sane – putting the pleasure and joy back in this time of year. » Create a gift-wrapping zone. Save time and make wrapping presents a pleasure by transforming a spare room (or part of a room) into a giftwrapping centre for the holidays. Set up a table or use a rolling cart to put out your supplies (gift wrap, scissors, tape, pen, cards and bows) and keep everything you need in one place. Create the right atmosphere by adding some festive music, a scented candle and a cup of hot chocolate to get you into the holiday spirit. » Store items near their point of use. Save steps and precious time by storing things close to where you use them. For example, save yourself a trip up the stairs to the linen closet by keeping your tablecloths in a drawer, cupboard or chest in the dining room. It makes entertaining a breeze! 28 YPNEXTHOME.CA

» Repurpose your gift-wrap tubes. Use your empty gift-wrap tubes to store mini-lights. Put a slit in each side of the tube. Insert the plug at one end and wrap the cord all the way around the tube, tucking the bottom of the light strand in the slit at the other end. Store the tubes in a garment bag hanging from a hook on the wall, or the ceiling in the basement or garage. » Run errands efficiently. Keep a collapsible crate in the trunk of your car for easily transporting items to a dinner party or for things to return like library books or storebought items you want to take back. It folds out of the way quickly when not in use.

» Get unplugged to create more time over the holidays. Do you feel like there’s so much to do and so little time? Challenge yourself to unplug the TV for one full week and notice how much more you can do in all the free time you’ll have. » Let go of the excess – you don’t have to keep decorations forever! When you are unpacking your holiday decorations, consider letting go of the items you no longer enjoy looking at. Our tastes change and styles come and go. There’s no rule that says you have to keep every decoration forever – especially that tacky plastic flower arrangement your ex-mother-in-law gave you 20 years ago! Give some away to


Donyaxt-imon as Merr

charity, or if you have family or friends who have recently moved into their own place, ask if they’d like to have them until they accumulate their own collection. » Gift certificate? What gift certificate? Gift certificates are easy to give and great to receive, but are often lost and forgotten until they expire. Keep your gift certificates in an envelope in your purse or your car and put a reminder on your calendar one week before the expiry date so you can use and enjoy them. » Return items in a timely fashion to save money and space. Whether it is buyer’s remorse or dissatisfaction with an item after we’ve brought it home, we all have things to return to the stores at some point – especially after the holidays. A

problem arises when these “to be returned” items accumulate in every part of our home and we forget we have them. Most store return policies only allow seven to 14 days for a full refund. To recoup money and reclaim space, designate a small area (preferably near the exit you use most) to place things that are on their way out. A box or basket may be helpful if you have several items. Tape the receipts to the purchases and schedule a time in your planner to take them back before it is too late. » Pay yourself first. Block time now to give yourself a break later. Choose a day (or at least half a day) during the holidays to do what’s fun for you. You can spend it skating, relaxing at the spa, or taking in a

movie. The important thing is that you feel renewed and refreshed because you gave the gift of pleasure and relaxation to yourself. » Avoid holiday over-load. Limit social engagements to only those you truly want to attend. Book some downtime between social events so you don’t feel overextended. Schedule only 75 per cent of your day to allow for traffic delays, long line-ups and other unexpected occurrences.

Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit weorganizeu.com and sign up for the free newsletter.

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 29


Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.5

Alterna Bank

2.45

Bank of Montreal

2.6

Bank of Nova Scotia

2.9

Canadian Western Bank CIBC

6 months

1 year

2 years

3 years

4 years

5 years

4.1 4.10op 4 6.30op

3.04 4.10op 2.79 6.30op 3.09 6.95op 3.29 6.50op 3.14 6.30op 2.84 6.35op 3.14 3.14 6.35op 2.94 3 3.20op 3.14 6.70op

2.39 4.10op 2.74

2.59

2.69

2.79

2.59

2.84

2.59

3.19

3.59

4.09

2.79

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.79

2.54

4.09

4.79

3.04 2.45

3.65 3.39

4.39 4.09

4.64 2.65

2.94 2.94

2.94 2.84

2.99 2.79

2.99 2.89

3.04

3.39

2.74

2.89

2.79 2.54

3.34 2.64

3.99 2.74

4.44 2.89

2.84

3.44

2.54

2.84

3.24

3.49

3.69

3.79

6.95op 4.55 6.45op 4 6.45op

2.7 6.95op

Equitable Bank HSBC Bank Canada

2.65

ICICI Bank Canada Manulife Bank

2.75 2.6

National Bank

n/a

President’s Choice Finan Royal Bank

2.7 2.7

TD Canada Trust

2.6

Tangerine

2.7

4.45 6.20op 4.45 4.4 6.70op

7.00op

2.99 7.00op 3.04 4.00op 3.19

TRUST COMPANIES Community Trust Effort Trust

n/a n/a

Home Trust Investors Group Trust

2.35 n/a

MTCC

2.9

6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

3.25 3.5

3.95 3.7

4.39 4.3

4.64 4.35

2.14 3.09

2.34 3.39

2.59 3.89

2.69 2.45

3.09

3.39

3.89

4.49

4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op

2.79 6.30op 2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 2.84 6.30op 3.14 6.30op 2.8 2.95op 2.39

2.74

2.59

2.84

2.59

2.89

2.95

2.99

2.89

2.49 2.79

2.59 2.89

2.69 2.95

2.79 2.89

3.09

3.39

3.89

4.64

3.2

3.65

4

4.5

2.79

2.64

3.89

2.54

3.04

3.65

4.39

4.64

2.85

2.95

3.05

3.15

2.39

2.39

2.49

2.49

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.45

Comtech Fire C.U.

2.45

First National Fin. LP IC Savings

2.7

London Life

n/a

Luminus Financial

3.25

Meridian Credit Union

2.4

PACE Savings & C.U.

5 6.70op

Parama Credit Union

2.65

Steinbach Credit Union

2.25

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Dec 5, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700

30 YPNEXTHOME.CA


Advice | MORTGAGE ADVICE

4 ways to save your down payment faster By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

Trying to save for a down payment on a home can be a difficult task. To speed things up, here are some tips to make saving easier. Set a savings goal When you decide to set a savings goal, it’s best to have an exact number in mind. You don’t want to start your home buying journey with an inaccurate estimate of how much you’ll need. Once you have an idea of what the prices are for homes in your target area, you’ll have a much clearer picture of how much you’ll need to save. And a mortgage affordability calculator will show you the maximum purchase price you can qualify for. When you know that amount, you can determine how much you’ll need to save each year, month or week. Find other sources for your down payment If the savings goal seems difficult to reach, there are likely other sources you can tap to reach your target faster. Lump-sum contributions can be from a range of sources such as: » Income tax refunds » An RRSP (be sure to take advantage of the Home Buyers’ Plan) » Selling assets (such as a car) » Parents or family members Next, look at other ways to save. Examine your monthly spending and see where you can cut back. If

you have an aggressive savings goal, you may need to cut expenses by a large amount. Canceling your TV subscription, moving to a cheaper place, or giving up a second car can lead to significant savings. Keep track of your progress When you want to check how close you are to your savings goal, it helps to monitor your progress. You can do this in a spreadsheet and update it each time you make a contribution. It’s also helpful to create projections and see whether you’re on track. As you see how much closer you are to your goal, it can be quite motivating. You can create your own savings spreadsheet or choose from a number that are available online. If it’s not perfect, you can always make some changes and customize it to suit your needs. To motivate yourself, consider giving yourself a reward if you can reach your monthly or quarterly savings goals. Reaffirm your motivation Motivation is key to any savings goal. But staying motivated can sometimes be difficult if you’re trying to save

more than the minimum five per cent down payment in a short time. For example, if you don’t want to pay mortgage insurance, you’ll need to save 20 per cent of the purchase price. This is a significant amount of money, but it’ll save you a lot of money because your interest costs will be even lower in the long run. Make sure to get the best mortgage rate to save even more money. Knowing that a larger down payment can reduce the amount required for monthly mortgage payments is often enough to motivate some homebuyers to save more for a down payment. The bottom line Saving for a down payment can be daunting but it shouldn’t take decades to save. If you use these tips, you’ll be able to cut down the amount of time you need to save and become a homeowner sooner.

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 31


Trending

Can Ottawa deliver on issues raised for the National Housing Strategy? By Wayne Karl CANADIANS SPOKE LOUD and clear. They want a strong, collaborative National Housing Strategy to facilitate housing for those most in need, address the unique challenges facing indigenous peoples, eliminate homelessness, make housing more affordable and improve data collection, analysis and research. These are among the central themes summarized in What We Heard, the federal government’s report, tabled Nov. 22 after months of consultations with the provinces and territories, industry experts and everyday Canadians as part of the Let’s Talk Housing initiative. Whether Ottawa can deliver on this complex wish list as it works toward a National Housing Strategy, to be released next year, remains to be seen. The issues are varied and challenging, involving differing provincial and regional economies, housing markets and conditions, from affordable housing to rental markets to homeownership. On National Housing Day Nov. 22, Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corp. (CMHC), and CMHC President and CEO Evan Sidall, released What We Heard via a press conference on Facebook Live. “Ensuring that Canadians have access to affordable housing, with all of the socio-economic benefits that come with it, is a key priority for the government of Canada,” says Duclos. “The input and ideas we received from Canadians will be invaluable in helping to shape a National Housing Strategy that delivers better housing, socioeconomic and environmental outcomes for all Canadians.” 32 YPNEXTHOME.CA

The report takes stock of the consultations, identifies emerging themes and highlights exciting ideas to help define the future of housing in Canada. The national consultations explored new and innovative ways of responding to persistent housing challenges, including ways to improve housing outcomes for Canadians as a cornerstone for achieving broader

socio-economic objectives. It’s early days yet, but judging from What We Heard, one area that is likely to be addressed is low income and affordable housing. The most important housing themes cited in the report are: » Low income and groups with distinct housing needs, cited by 37.9 per cent of respondents » Cost of housing in Canada’s largest


MORE TRENDING ONLINE ypnexthome.ca/news

cities, 14.4 per cent » Building a stronger affordable housing sector, 12.9 per cent » Social housing renewal and subsidized housing, 10.3 per cent “The hard work continues,” the report says. “Needless to say, broad consultations indulge peoples’ expectations, as they should. However, policy makers

must balance these against fiscal constraints. Our objective will be to develop a (National Housing Strategy) that employs finite government funds to maximum effect, yielding the best outcomes. Duclos says the hope is that CMHC will likely play an increased role in providing better information and bridging the data and research gaps. “In the following months, we

will continue to consider your suggestions and innovative solutions that a National Housing Strategy may include and to explore ways to work with our partners and stakeholders to bring it to action. We will work with our partners on a housing strategy that is national in nature but that recognizes regional housing conditions.” This latter point is critical, according to Shawn Zigelstein, agent at Royal LePage Your Community Realty, Richmond Hill, Ont. “Consultation and dedication is the key to successful implementation, and by using all of the data compiled by real estate boards, economists and builders, the focus of such a policy can be useful, consistent and well thought out,” Zigelstein told New Home & Condo Guide. “With this in mind, it is imperative that the government consult industry experts, as well as stakeholders from across the nation – not just from hotter markets like Vancouver and Toronto – about the viability and effectiveness of any proposal put forward.” As for affordable housing, Zigelstein suggests some of the funds collected through Land Transfer Taxes and non-residency taxes be put it towards programs to help those in need. First-time buyers should also be a priority with any strategy. “In some regions across the country, first-time homebuyers are able to purchase property with a ‘traditional’ amount of savings,” he says. “However, in larger urban areas, it is very difficult for many to come up with the necessary financing based on the new mortgage regulations. While everyone likes to be overly cautious, and plan for the worst, it would be interesting to see the number of first-time buyers defaulting on mortgage payments. Not only would this demonstrate the effect of newly imposed policies, but if the rate is low, it would show that further restrictions and requirements for funding may not be needed. These would serve only to create roadblocks for young people seeking their first home, and negatively impact the market over the long term.”

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 33


Hot Properties

Find your next home! This page features a few of the latest properties to keep your eye on in the Eastern Ontario area. Find more properties at ypnexthome.ca

LATEST LISTINGS

GREYSTONE VILLAGE BY eQ HOMES

CARLETON CROSSING

SPRING VALLEY TRAILS

GREYSTONE VILLAGE

By: Brigil City: Stittsville Housing type: Singles Contact: 613.257.4079 brigil.com

By: Claridge Homes City: Navan Housing type: Townhomes claridgehomes.com

By: eQ Homes City: Ottawa Housing type: Singles, towns, semis and condos Contact: 613.258.6488 greystonevillage.ca

ARTHAUS CONDOMINUMS LONGFIELDS STATION By: Campanale Homes City: Barrhaven Housing type: Condominium Contact: 613.440.3750 campanale.com

By: DevMcGill City: Downtown Ottawa Housing type: Condominium Contact: 613.909.3223 arthauscondos.com

THE CORNERS ON MAIN BLACKSTONE By: Cardel Homes City: Kanata South Housing type: Single Contact: 613.836.9521 cardelhomes.com

By: Domicile City: Old Ottawa East Housing type: Midrise condos comprising a mix of six- and four-storeys Contact: 613.806.6246. cornersonmain.ca

eQUINELLE By: eQ Homes City: Kemptville Housing type: Bungalow Contact: 613.258.6488 eqhomes.ca

LIV TOWNS By: Glenview City: Kanata Housing type: Townhome Contact: 613.595.0591 sales@glenviewhomes.com glenviewhomes.com/liv


THE CORNERS ON MAIN BY DOMICILE

FINDLAY BY THE PARK

WHITE TAIL RIDGE

TALL SHIPS LANDING

By: Lemay Homes City: Leitrim Housing type: Singles, bungalows and townhomes Contact: 613.425.5255 lemayhomes.ca

By: Phoenix Homes City: Almonte Housing type: Bungalows and singles Contact: Kellie Connors 613.461.0277 phoenixhomes.ca

By: Thomas Fuller Construction Ltd. City: Brockville Housing type: Condominium Contact: 613.498.7245 tallshipslanding@fuller.ca tallshipslanding.com

FELTON COURT SOHO CHAMPAGNE By: Mastercraft Starwood City: West Central Housing type: Luxury condominiums Contact: sohochampagne.com

By: Phoenix Homes City: Barrhaven Housing type: Townhomes Contact: phoenixhomes.ca

THE BOWERY CONDOS & LOFTS ABBOTTSVILLE CROSSING By: Mattamy City: Kanata Housing type: Singles, townhomes Contact: 613.790.2082 mattamyhomes.com

AVALON ENCORE By: Minto City: Orléans Housing type: Singles, townhome Contact: 613.834.6400 minto.com

UPPERWEST By: Minto City: Ottawa Housing type: Condominium Contact: 613.788.2786 liveupperwest.com

By: Richcraft City: Centretown Contact: 613.695.7577 thebowerycondos.ca

GALLERY TOWNHOMES By: Tamarack Homes City: Orléans Housing type: Townhomes Contact: tamarackhomes.com

HUNT CLUB TOWNS By: Theberge Homes City: Ottawa Housing type: Townhomes Contact: 613.680.5767 huntclubtowns.com

THE ORCHARD By: Uniform Urban Developments City: Barrhaven Housing type: Single-family homes and townhouses Contact: uniformdevelopments.com

RICHARDSON RIDGE By: Uniform Urban Developments City: Kanata Housing type: Singles, townhome and condo flats Contact: 613.435.7751 uniformdevelopments.com

BRADLEY ESTATES By: Valecraft Homes City: Mer Bleue/Orléans Housing type: Single-family homes and executive townhomes Contact: valecraft.com

Builders

If you would like to include your preview registration, new release or site opening in this feature, just email the details to sarah.khan@ypnexthome.ca


Trending

A YEAR IN REVIEW

NEWSMAKERS OF 2016 By Lydia McNutt

THERE’S AN OLD SAYING in journalism: if it bleeds, it leads.

When it comes to Canada’s real estate landscape, 2016 certainly had its ups and downs. Here are our top 10 newsmakers of 2016 – some good news, some bad, but all essential reading for the smart home buyer in 2017.

1.

The 2016 leap year

If you’ve been keeping up on the real estate headlines in 2016, then you already know that a big newsmaker was the rising home prices. Markets such as Greater Vancouver and Greater Toronto saw the price of an average detached home skyrocket to more than $1 million. Semis, townhomes and condos also made big gains. With 2016 being a leap year, we analyzed home price growth in four-year intervals, dating back to 1984, market by market. Strong historical home price growth might be expected, given that real estate is a proven performer over the long term. But looking at the growth in these four-year windows shows some pretty staggering appreciation. Here are the average prices in Canada’s biggest markets, across all housing types:

CITY

AVERAGE PRICE

VANCOUVER

1984: $113,722 2016: $897,158

CALGARY

1984: $86,724 2016: $453, 936

EDMONTON

1984: $79,215 2016: $370,010

WINNIPEG

1984: $58,755 2016: $279,365

GTA

1984: $95,423 2016: $622,707

HAMILTON/BURLINGTON:

1984: $65,995 2016: $443,388

SAINT JOHN:

1984: $53,257 2016: $164,155

HALIFAX-DARTMOTH

1984: $78,474 2016: $282,672

NEWFOUNDLAND & LABRADOR

1984: $60,629 2016: $276,302

SOURCE: CREA, figures as of Dec. 2015

36 YPNEXTHOME.CA

2.

BC implements foreign buyers tax

While on the topic of rising home prices, the British Columbia government introduced a controversial 15-percent property transfer tax on foreign nationals who buy real estate in Metro Vancouver, with the aim of curbing low vacancy rates and reigning in the out-of-control home prices. So, why the controversy? Also known as Bill 28, the new tax was criticized by the real estate industry due to: 1. lack of industry consultation and no warning that this was coming down the pipe; 2. the size of the tax; 3. a lack of a grandfather clause, which left many presales buyers on the hook and introduced unnecessary uncertainty into the market; 4. and how the government failed to take into account the fact that it appeared that the market was slowing down previously, regardless of the new tax. On the up-side, the new tax seems to have spurred governmental interest in creating more rental and affordable housing. The new tax took effect on Aug. 2, but as of Dec. 2, the Greater Vancouver Real Estate Board reported that home buyer and seller activity remained near historical averages.

3.

Mortgage rule changes

Again, rising home prices and low lending rates prompted our third newsmaker of 2016 – the mortgage stress test. On Oct. 17, the federal government implemented changes to Canada’s mortgage lending rules to help reduce the risk of a housing market crash. Under the new rules, homebuyers with a high-ratio mortgage (which is required when buyers have less than 20 per cent of the purchase price) must qualify at a rate that is much higher than what is currently being offered by mortgage lenders. At the time of writing, the best rate for a five-year fixed mortgage was 2.34 per cent (source: Rate Hub). Under the new rules, buyers would have to qualify at the Bank of Canada’s benchmark rate of 4.64 per cent. This, all in an effort to shield highly indebted Canadians from spending more than they can afford in a more realistic rate environment.


4.

Trump takes the win, Immigration Canada site crashes

When the U.S. sneezes, Canada catches a cold. So, after a year of dominating the headlines, when Donald Trump won the presidential election in November – much to the chagrin of many Americans and people around the world – the ripple effect was immediate. With the election results revealed, Citizenship and Immigration Canada’s website crashed due to a traffic surge. Could our American neighbours be planning a move to Canada in an attempt to escape Trumpdom? But it’s not as easy as packing your bags and taking a road trip. The Government of Canada plans to welcome 300,000 immigrants in 2017. Of these, 172,500 will be taken in on economic grounds, which includes applicants and accompanying family members in federal and provincial programs, business immigrants, caregivers, and skilled workers and business immigrants. Another 84,000 will be family members of existing residents. Then, 40,000 will be refugees and protected persons, and 3,500 another will be taken in on humanitarian, compassion and “other.”

5.

PM Justin Trudeau’s 2016 Budget:

Wait a minute… We had a little election of our own recently, didn’t we? Since revealing his inaugural 2016 Budget, we thought it might be a good time to grade former teacher and current Prime Minister Justin Trudeau, on his housing promises – and delivery. HOME BUYERS PLAN Currently, the HBP allows first-time buyers to withdraw up to $25,000 from their RRSP to put toward a down payment

on a home. They have up to 15 years to repay the funds. » What was promised: To modernize the existing HBP to allow Canadians impacted by sudden and significant life changes to buy a house without tax penalty. Trudeau said this will ease the burden on Canadians facing job relocation, the death of a spouse, marital breakdown or a decision to accommodate an elderly family member. » What was delivered: Nothing. Any update or revision to the HBP is nowhere to be found in Budget 2016. Through other measures, however, it is clear he’s keeping an eye on the housing market, which is increasingly important given economic and affordability challenges in some areas. RENTAL/AFFORDABLE HOUSING » What was promised: To encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing. This will provide an estimated $125 million per year in tax incentives to grow and renovate the supply of rental housing. » What was delivered: Budget 2016 proposes to invest $2.3 billion over two years, starting in 2016-17. Of this amount, $2.2 billion reflects the government’s commitment to invest in social infrastructure, including $739 million for First Nations, Inuit and northern housing. A significant portion of the $2.3 billion will be allocated to provinces and territories, which can identify communities where the need for affordable housing is greatest. To encourage the construction of affordable rental housing, Budget 2016 proposes to invest $208.3 million over five years, starting in 2016-17, in an Affordable Rental Housing Innovation Fund administered by Canada DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 37


Mortgage and Housing Corp. (CMHC). Funding would be used to test innovative business approaches – such as housing models with a mix of rented and owned units – to lower the costs and risks of financing affordable rental housing projects. The investment is expected to support the construction of up to 4,000 new affordable housing rental units over five years. CMHC is also to consult with stakeholders on an Affordable Rental Housing Financing Initiative to provide low-cost loans to municipalities and housing developers to build new affordable rental housing projects. Up to $500 million in loans would be available each year for five years, supporting the construction of more than 10,000 new rental units over this period. HOUSING POLICY » What was promised: To direct CMHC and the new Canada Infrastructure Bank to provide financing to support the construction of new, affordable rental housing for middle and low income Canadians. To review escalating home prices in high-priced markets such as Toronto and Vancouver, and consider policy tools that could keep homeownership within reach for more Canadians. » What was delivered: Budget 2016 proposes to address this data gap by allocating $500,000 to Statistics Canada in 2016-17 to gather data on Canadian housing purchases by foreign buyers. This initiative could involve collaboration with the provinces, such as BC, which recently announced its intention to have homebuyers disclose whether they are citizens or permanent residents of Canada or another country. Also promised to consult with the provinces and territories, Indigenous and other communities, and key stakeholders in the coming year to develop a National Housing Strategy.

6.

Rogers Real Estate drops $1.5 billion on downtown Mississauga development

Those who have driven by the vacant, prime piece of property near on Burnhamthorpe just west of Hurontario learned earlier this year that Rogers Real Estate will be developing the site into a 10-tower, 15-acre, 4.3 millionsq.-ft. master-planned community that will also include more than two-acres of public parkland in Mississauga’s downtown hub. The cost? A whopping $1.5 billion. Dubbed M City, this will be the first major residential condominium development by the Rogers family. The project has been quietly in the works since 2007, when Rogers Real Estate Development enlisted developer Urban Capital Property Group to manage the process of turning this long-held family asset into a legacy community.

7.

CMHC raises the red flag on Canada’s housing market

This was all over the news before Canada Mortgage 38 YPNEXTHOME.CA

and Housing Corp. (CMHC) even made the official announcement. The federal housing agency upgraded its risk rating for Canada’s housing markets from “moderate” to “strong” in its Housing Market Assessment, citing problematic conditions overall due to four key factors: 1. overheating, when sales greatly outpace new listings in the market for existing homes; 2. acceleration of housing prices; 3. overvaluation of house prices in comparison to levels that can be supported by housing market fundamentals; 4. and overbuilding when the rental market vacancy rate and/or the inventory of new builds that are unsold is elevated. Of Canada’s 15 major markets assessed, nine – or 60 per cent – showed moderate or strong evidence of overvaluation, seven showed evidence of overbuilding, and four showed evidence of price acceleration and overheating. CMHC highlighted that this problem isn’t exclusive to Canada’s priciest markets – Toronto and Vancouver – but is slipping into the suburbs. For example, check out the price growth in Victoria, Abbotsford, Kelowna outside of Greater Vancouver, or Greater Toronto’s Hamilton, Oshawa and Barrie communities, which are also experiencing double-digit price growth.


8.

Fort Mac wildfires

A wildfire had been reported southwest of Fort McMurray, Alberta on May 1. That, in itself, is not unusual. Fort McMurray is an area in the Regional Municipality of Wood Buffalo in northeastern Alberta, surrounded by the Athabasca oil sands and boreal forest. By May 3, the fire had quickly spread through the town, destroying 2,400 homes and buildings and forcing Alberta’s largest wildfire evacuation. The fires continued to burn across northern Alberta and into Saskatchewan. When they were finally deemed “under control” on July 5, it was two months, 1.5 million acres, and a cost of $3.58 billion – the costliest insured natural disaster in Canadian history, as per the Insurance Bureau of Canada. The effect on real estate in The Prairies was doubly dark, adding to the area’s existing economic woes due to prolonged low oil prices.

9.

Top 50 real estate investment cities

For those looking to invest in Canadian real estate, we pinpointed the top 50 investment hotspots based on vacancy and rental rates for a two-bedroom unit, complemented by data on population, employment and wage growth, average home prices and economic development. Drumroll please… 1. Brampton, Ont. 2. Richmond Ont. 3. Milton, Ont. 4. Barrie, Ont. 5. Orillia, Ont. 6. Surrey, BC 7. Maple Ridge-Pitt Meadows, BC 8. Abbotsford-Mission, BC

Wood Buffalo at a glance

9. Squamish, BC

» Number of private dwelling units: Approximately 31,240

11. Winkler, Man.

» New home construction 2015: 193 units, lowest level

12. Aurora-Newmarket-Whitchurch-Stouffville, Ont.

10. Okotoks, Alta.

in more than 20 years; 13 units started in first 4 months

13. New Westminster, BC

of 2016

14. Burnaby, BC

» Peak new home construction: 2,175 single- and multifamily homes started in 2007. » Unsold new inventory: 16 completed but unoccupied

15. Richmond, BC 16. Coquitlam, BC 17. St. Catharines-Niagara, Ont. 18. Kelowna, BC

new homes in April, down from 17 in March and 80 in

19. Oshawa, Ont.

April 2015.

20. Etobicoke South-Lakeshore, Ont.

» New home prices: $838,000 for typical new singlefamily home built in last three years; new semidetached homes about $686,000 » MLS Sales 2015: Declined 43.5% from 2014 to 974 units » MLS Sales 2016: Sales declined 23% for Q1 2016 to 155 units » MLS Prices 2015: Average decrease of 6.2% from previous year to $560,794; this followed a 5% decline in 2014 » MLS Prices 2016: For Q1 2016, average fell 11.8% to $504,097 compared to same period in 2015. » Rent: $1,842 per month for 2-bedroom apartment (October 2015), down from $2,118 the year before; by comparison, 2-bedroom apartment rented for $1,355 in Calgary and $1,260 in Edmonton Wood Buffalo Census Agglomeration includes the Fort McMurray and nearby smaller centres (SOURCES: CHBA – Alberta, Canada Mortgage and Housing Corp., Statistics Canada, Canadian Real Estate Association, Insurance Bureau of Canada)

For investment areas #21-50, visit ypnexthome.ca and browse Canadian Property Investor online.

10. What should our National Housing Strategy look like? Wrapping up our list for 2016, but perhaps tops for 2017, the National Housing Strategy is a biggie. The federal government recently kick-started efforts to begin building a National Housing Strategy that addresses issues, from affordable housing to rental housing to homeownership, and create a plan that is equitable across differing economies, markets and conditions. This resulted in consultations with provincial bodies, industry experts and others – including everyday Canadians. Job 1: tackle the affordable housing issue. The hope is that the consultative process – dubbed “Let’s Talk Housing” – yields solutions that make more sense than unilateral policy changes, such as the latest round of mortgage rule changes. We’ll see what the new year brings on this front.

With files from Wayne Karl and Sonia Bell DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 39


Ad Index

Builder Name

Site Name

Prices

D

Location

et a Se che m d i Bu ng To alo w w n Ad hom ul t L e/C ife on st do yl e

ADVERTISERS

Page

WEST Almonte

Phoenix

White Tail Ridge

Arnprior

Campanale

Longfield Station

Carleton Place

Brigil

Carleton Crossing

x

Carp

Phoenix

Diamondview Estates

x

Hunt Club

Claridge Homes

Hunt Club Flats

Kanata

Cardel

Blackstone

Kanata

Claridge Homes

Bridlewood

Kanata

eQ Homes

Fernbank Crossing

Kanata

Glenview Homes

LIV Towns

Kanata

Mattamy

Abbottsville Crossing

x

Kanata

Phoenix

Fernbank

x

Kanata

Uniform Urban Dev.

The Elements

Kanata

Uniform Urban Dev.

Richardson Ridge

Ottawa West

Uniform Urban Dev.

Stittsville

x

x

From $380's

16, 17

x

Inquire

18

x

From $290's

20, 21

Inquire

16, 17

From $260,900

10, 11

Inquire

13

x

From $391,900

10, 11

x

From high $200's

8

x

From mid $200's

9

x

From $227,990

4, 5

x

From $200's

16, 17

x

From $253,000

6, 7

x

x

Inquire

6, 7

Maple Creek

x

x

Inquire

6, 7

Brigil

Loreka Court

x

From $467,207

20, 21

Barrhaven

Claridge Homes

West Pointe Village

x

x

From $342,900

10, 11

Barrhaven

Phoenix

Felton Court

x

From $270's

16, 17

Barrhaven

Minto

Chapman Mills

x

From $189,900

2, 3

Barrhaven

Valecraft

Woodroffe Lofts

x

From $224,900

22

Findlay Creek

Phoenix

Pathways

x

x

From $200's

16, 17

Kemptville

eQ Homes

eQuinelle

x

x

x

From low $300's

8

Ottawa South

Campanale

Prince of Wales

x

Inquire

19

Ottawa South

Claridge Homes

Summerhill Village

x

From $335,900

10, 11

Ottawa South

Claridge Homes

Sundance

x

From $519,900

10, 11

Stonebridge

Uniform Urban Dev.

The Orchard

x

Inquire

6, 7

x x

x x

x

x

x

x

SOUTH

40 YPNEXTHOME.CA

x

x

x


et a Se che m d i Bu ng To alo w w n Ad ho m ul t L e/C ife o st nd yl o e

Builder Name

Site Name

Prices

D

Location

Page

CENTRAL Old Ottawa East

eQ Homes

Greystone Village

Ottawa Central

Theberge Homes

Hunt Club Homes

Clarence/Rockland

eQ Homes

Clarence Crossing

x

Navan

Claridge

Spring Valley Trails

x

Orléans

Minto

Orléans

x

x

From mid $500's

15

x

From $179,900

23

x

From high $200's

8

x

From $339,900

10, 11

Avalon Encore

x

From $184,900

2, 3

Claridge

Royal Ridge

x

From $199,900

10, 11

Orléans

Phoenix

Hillside Vista

x

From $250's

16, 17

Rockcliffe

Uniform Urban Dev.

Waterridge Village

x

Inquire

6, 7

Brockville

Fuller

Tall Ship Landing

x

Inquire

C11

Downtown

Richcraft

The Bowery

x

From $194,000

C4

Downtown

Claridge Homes

Icon

x

From $291,000

C8, C9

Downtown

Claridge Homes

The Lofts

x

From $400's

C8, C9

Downtown

Claridge Homes

Tribeca

x

From $245,000

C8, C9

Downtown

DevMcGill

Arthaus Condos

x

Inquire

C2

Kanata

Cardel

Blackstone

x

From $300's

C13

Gatineau

Junic

Le Central Condominiums

x

Inquire

C14, C15

Old Ottawa East

eQ Homes

Terraces at Greystone Village

x

From low $300's

15

Ottawa Central

Brigil

One Twenty-One Parkdale

x

Inquire

20, 21

Ottawa Central

Domicile Development Inc

The Corners on Main

x

Inquire

C3

Ottawa Central

Claridge Homes

Claridge Plaza 3 & 4

x

From $232,000

C8, C9

Ottawa Central

Claridge Homes

Fusion

x

From $288,000

C8, C9

Ottawa Central

Claridge Homes

Waterstreet

x

From $195,000

C8, C9

Ottawa Central

Mastercraft Starwood

Soho Champagne

x

From $302,900

C12

Ottawa Central

Minto

Upperwest

x

From $269,900

C16

Ottawa West

Tamarack

Wellington

x

From $299,068

BC

West Nepean

Claridge Homes

Stirling Park

x

From $247,000

C8, C9

EAST

x

x

x

CONDO

DEC 10, 2016 - JAN 7, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 41


Neighbourhood Profile

Byward Market Alive and buzzing with activity

Fast facts Average household income

$87,826

Most common housing type

By Lindsay Foran

Highrise

Family structure

SINGLES

COUPLES

FAMILIES

61%

32%

7%

Own vs. rent

40% OWNERS

60% RENTERS

MORE PHOTOS ONLINE Education levels

ypnexthome.ca/byward-market

63% THE BYWARD MARKET is the place to be if you’re looking for constant stimulation. There is an electric buzz of people, music, traffic and bicycle bells. In this area, cars are a nuisance, which only lead to more noise, pollution and congestion. When you have everything you could need at your fingertips, why drive?

Vibe At all hours of the day and night, there is a palpable pulse to the streets of The ByWard Market. During the day, vendors, local farmers and artists set up shop throughout the area. At every corner, there are musicians, actors, and performers of all kinds sharing their talent with the public. Meet the neighbours People of every lifestyle, income and age share this small neighbourhood and make it their own. With proximity to the University of Ottawa, the

Market is the central gathering ground for students and professors, greenspaces filled with study groups or artists painting the scenery. Surrounding federal buildings fill local bars and restaurants with suits toting briefcases rubbing elbows with the local artists and merchants. In the area The ByWard Market appeals to a range of residents, from the poor penny-pinching student who lives on a budget, to the six-figure-income professional. You can find anything from a hotdog street stand to the best five-star restaurant. Planes, trains & automobiles Hwy. 417 is within a kilometre, offering quick access to the city. There are two bridges leading to the Outaouais and its many scenic bike paths and hiking trails. For those without a vehicle, the transitway is within blocks and has a

22%

UNIVERSITY HIGH SCHOOL

SOURCE: ENVIRONICS

heavy flow of buses at all hours. The good, the bad & the rest There is no other area in Ottawa where you will find more than 50 restaurants, ranging from pub food, to vegan raw, to high-class steakhouses. There’s also museums, churches, schools, groceries and the Rideau Centre, with all the stores you could possibly need. There is an off-leash dog park, plenty of grass to sunbath, the Ottawa River for scenic walks and the many bike paths for jogging. Real estate If you’re looking for a quiet oasis, this may not be the place for you. But you can’t beat the energy on the streets – the constant buzz is contagious and invigorating.

Lindsay has lived in the Ottawa/Gatineau area her whole life. When she’s not touring the city in search of the hottest new neighbourhoods, she’s busy writing fiction and enjoying life with her husband and two dogs.

42 YPNEXTHOME.CA

15% COLLEGE


What’s Online

Trending now The latest real estate news from across Canada

Top home automation products for your home READ THE STORY ONLINE

The Starbucks Effect: Spotting the next “it” neighbourhood

nexthome.yp.ca/home-automation

READ THE STORY ONLINE nexthome.yp.ca/Starbucks-effect

All kinds of neighbours – which one are you? READ THE STORY ONLINE nexthome.yp.ca/neighbour-types

On the fence about home ownership? Don’t wait too long!

Want more great articles like these delivered directly to your inbox? SIGN UP FOR OUR NEWSLETTER

READ THE STORY ONLINE nexthome.yp.ca/homeownership-timing

Twitter @ypnexthome @ypnexthome_EO

Facebook ypnexthome

Visit our website:

nexthome.yp.ca/newsletter

Instagram ypnexthome

Pinterest ypnexthome


FINISHED SUITES NOW AVAILABLE FOR VIEWING

THE 1ST RESIDENTS ARE NOW HOME IN TAMARACK WELLINGTON AND THE

REVIEWS ARE SPECTACULAR!

Warm, light-filled spaces, luxurious finishes and fantastic views await the final few. GREAT SUITES ARE STILL AVAILABLE and ready for your personal tour now!

www.tamarackwellington.com

1140 Wellington St West

Starting From $

299,068


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.