GREATER GOLDEN HORSESHOE EDITION
OCT 28 - NOV 11, 2017 | nexthome.ca
Connecting Canadians to new HOMES & CONDOS for more than 25 years NOWING: ER COV ENTIRE H T E GOLDEN ER R G EAT SESHOE HOR
Pinnacle International will transform this legendary address Coming Soon
INSIDE:
GETTING DOWN TO BRASS TACKS
BETTING ON CONDO GROWTH
HOUSING DENSITY AROUND TRANSIT
CRESFORD. ALWAYS IN FASHION. Over the last four decades, Cresford has defined the Toronto skyline with iconic landmarks in the city’s most sought-after locations. Cresford’s legendary designs, attention to detail and affinity for high-fashion labels have produced one successful condominium after another. As one of Toronto’s biggest and most trusted developers, Cresford provides superior service, quality assurance, a sense of security and the finest product on the market. Visit our Condominium Gallery at 170 Merton Street or call 416.485.3000 to arrange your private appointment.
COMING SOON
residences on yonge
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
The Residences of 33 Yorkville Lobby to be furnished with Bottega Veneta 416.486.2272 33yorkville.com
Halo Residences 480 Yonge Street Penthouses & 3 Bedrooms Coming Soon Inspired by Baccarat 416.485.3000 haloresidences.com
The Clover 595 Yonge Street Penthouses Coming Soon Under Construction Inspired by Van Cleef & Arpels 416.485.3000 thecloveronyonge.com
Vox | SOLD OUT Yonge & Wellesley Under Construction Furnished with Diesel Living 416.485.3000 voxcondominiums.com
Casa III | MOVE IN DECEMBER Yorkville Penthouses Remaining Under Construction Lobby to be furnished with Hermés 416.486.CASA (2272) casacondominium.com
Coming Fall 2017
An Exclusive Release of Thirty-Five Single Family Homes in Beamsville. Become a VIP – Register Now!
LosaniHomes.com
Pricing and specification subject to change. E.&O.E.
mi r Fa l y Fr i
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Make the most of every minute.
VISIT US TODAY! Condominiums from the $400s SALES CENTRE 5475 Dundas Street West
(Between Hwy 427 and Kipling)
PinnacleEtobicoke.ca 416.596.1600
PinnacleInternational.ca TORONTO . SAN DIEGO. VANCOUVER . Rendering is artist's impression. Prices and specifications are subject to change without notice. E.&O.E.
peter & adelaide made in toronto
Coming soon Condos from the $300s Register now at peterandadelaide.com Exclusive listing brokerage: Baker Real Estate. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E. & O. E.
Final Release of Suites at Musée Move In Now – Your Final Opportunity At Our Cosmopolitan New Condominium. Don’t miss your final opportunity to become a part of the vital new force in urban living at Bathurst & Adelaide. We’ve just released the final suites at Musée. Construction is complete, the building is registered, and all closing costs are included in the purchase price. Find your place between the energy of King Street West and the vibrant Queen West street scene, also near the attractions of Kensington Market and Chinatown.
VISIT THE PRESENSATION CENTRE NOW 525 Adelaide Street West, Ground Floor • 416.551.9449
You call it entertaining in style. We call it Pemberton.
Everything a home should be. The Pemberton difference. It begins with building in the GTA’s most coveted locations. From there, we bring together design creativity, superb craftsmanship, quality features and outstanding amenities. It’s through this process we develop communities that go beyond the standard. Reinventing the way you live, one community at a time. That’s the Pemberton difference.
Learn more at pembertongroup.com Illustration is artist’s concept E. & O. E.
Union Station
Pearson Airport
York University
Vaughan Mills
GO ANYWHERE FROM HERE Situated in Maple, GO.2 offers large family-friendly suites and townhomes and top quality features and fi nishes. GO.2 is directly adjacent to the Maple GO station - a mere 30 minutes from downtown. This prime location ensures you can get almost anywhere, anytime, in nearly no time.
From the mid $300,000’s One Townhome remains $903,900 Limited time saving offers, plus 20% deposit before closing
MAJOR MACKENZIE DR W
Exclusive Listing Brokerage, Royal LePage - Your Community Realty. Brokers Protected. Illustration is artist concept E.&O.E.
DUFFERIN ST
pembertongroup.com
EAGLE ROCK WAY
MCNAUGHTON RD E
905.553.1430
MCNAUGHTON RD
KEELE ST
Presentation Centre Now Open 1860 Major Mackenzie Dr., Unit 7 & 8
OCT 28 – NOV 11, 2017 | VOLUME 25 ISSUE 20
CONTENTS
20
ON THE COVER:
Pinnacle International PINNACLE ONE YONGE: COMING SOON TO THE FOOT OF YONGE STREET
10 NextHome.ca
Q&A: 100 IN CONVERSATION WITH MICHAEL KLASSEN, CO-OWNER ELEVEN ELEVEN REALTY
32 Fundamentally
33 News Habitat for Humanity contest; Canadian housing starts
40 Condo Tour Pictorial tour of some of Toronto’s newest condos
Geranium Homes food drive; The Scoop breaks ground
PROPERTY PROFILES
24 The Daniels Corporation Removing barriers with an Accessibility Designed Program
34 The Remington Group Gallery Square Condominiums: An art-inspired condominium
54 Tribute Pre-construction pricing at Max Condos and Towns at Rouge Valley
66 Delpark Homes The Brooke Phase 2: 25 signature homes in north Oshawa
82 Explore New release at Explore by Ballantry Homes and Branthaven Homes
TRENDING
18 Great Gulf
BY WAYNE KARL
48 Mortgage Intel How to cut the costs of carrying a mortgage
50 News
40
Speaking
Betting on the condo market to continue to grow
52 Housing Market Canadian home sales edge up again in September
78 Homebuying Saving for a down payment? You’ll have to give this up...
88 Southwestern Ontario Home prices see an increase in the third quarter
92 Fall Getaways Six fun fall getaways in Ontario
BY ALYSSA FURTADO
72 Legally Speaking Can a condo association forbid pets? BY JAYSON SCHWARZ
INSPIRATION
58 Cooking with Chuck Helpful hints from Canadian chef, Chuck Hughes
60 Shop Talk Find the perfect flooring with Allan Rug. Co.
62 Scoop the Look It’s time to get down to brass tacks
ADVICE
16 BILD Report Density around transit maximizes public investment BY BRYAN TUCKEY
22 Stat Chat Consider demographic data before investing in a condo
IN EVERY ISSUE
12 Editor’s Note 14 Contributors 74 Hot Properties GTA
BY BEN MYERS
Great Gulf acquires Mirvish Gehry landmark project in Toronto
NEIGHBOURHOOD PROFILES:
28 Harbourfront
90 Red Hill OCT 28 - NOV 11, 2017 11
EDITOR’S NOTE
SLOWER GROWTH MAY NOT BE SUCH A BAD THING AFTER ALL
WAYNE KARL MANAGING EDITOR NextHome
Let’s be honest: If you’ve been fortunate enough to own a home in the Toronto area over the last few years, you’ve done all right. Sure, this year has seen some slowing and uncertainty in the housing market, thanks largely to government policy. But it’s likely a blip. Indeed, Toronto is a perennial powerhouse. The city is expected to boast the fastest-growing metropolitan economy outside of Alberta this year, and is forecast to be a growth leader again in 2018, according to The Conference Board of Canada’s Metropolitan Outlook: Autumn 2017. “Toronto’s economy was firing on all cylinders during the first half of 2017, but growth has moderated since then, and this trend will continue through 2018, as government housing market cooling policies have their desired effect,” says Alan Arcand, associate director at the Board’s Centre for Municipal Studies. Toronto’s real GDP is forecast to grow 3.7 per cent this year, the fourth year in a row at higher than three per cent, and a still decent 2.5 per cent in 2018. What does it all mean for real estate? Economic strength equals jobs, which lead to population growth, which means demand for housing. Evern if the performance is a little slower, it’s still among the best in Canada.
EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl
Cooking with Chuck 58
GET ED! PIR INS
Down to brass tacks 62
+ get social 12 NextHome.ca
Interact with us on social media: nexthome
E C N A H C LTOARESGISTTER FOR VIP ACCESS ITES
SU tion • SMART a c o L rt a m S 300s Smart Value • $ ID M e th m o fr ned Smartly Desig
TM
Coming Fall 2017 to Stoney Creek
A NEW VISION ARISES FROM THE MYST OF LAKE ONTARIO This is life MY way. Smartly designed Terrace, Garden and Village Towns, just steps to the shores of Lake Ontario in Stoney Creek. Located at Lakeview Drive and Fruitland Road, close to all of the things that make MY life easy. Myst. Urban Towns By The Lake. Easy access to the Stoney Creek Confederation Station (at Centennial Parkway) slated for completion 2019. Prices and specifications subject to change without notice. Go Transit is a registered trademark of Metrolinx and is not affiliated with Homes by DeSantis or Myst. E.&O.E.
REGISTER NOW
CONTRIBUTORS
BILD REPORT | BRYAN TUCKEY
Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca)
VICE-PRESIDENT & CHIEF PUBLISHING OFFICER
Caroline Andrews PUBLISHER & GENERAL MANAGER
Shawn Woodford ASSOCIATE PUBLISHER
Anne-Marie Breen DIRECTOR OF CONTENT & EDITOR-IN-CHIEF
Jennifer Reynolds MANAGING EDITOR
LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LL.M. 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.
Wayne Karl ART DIRECTOR
Daiana Garay CONTRIBUTING EDITORS
Sonia Bell Marlene Eisner Elisa Krovblit Keay SENIOR ACCOUNT EXECUTIVE
STAT CHAT | BEN MYERS Ben Myers is senior vice-president of market research and analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @BenMyers29.
Nina Downs nina.downs@nexthome.ca MEDIA CONSULTANT
Maris Langer maris.langer@nexthome.ca MEDIA CONSULTANT
Rose Anne Bonanno roseanne.bonanno@nexthome.ca SALES & MARKETING CO-ORDINATOR
Terry Bassett
MORTGAGE INTEL | ALYSSA FURTADO Alyssa Furtado is the Founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
SENIOR MANAGER, DISTRIBUTION
Dwayne Rutherford NATIONAL CIRCULATION MANAGER
John Jenkins PRODUCTION MANAGER
Anthony Majetic PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic
INSPIRATION | SARA DUCK Sara Duck is a self-proclaimed magazine junkie and trend hunter. Sara brings her love of all things design and decor to you with an expert eye for what’s on trend.
GRAPHIC DESIGNERS
Sandra Hanak-Vujnovic, Mike Terentiev, Miguel Cea Published by
A brand of Yellow Pages Homes Ltd.
CONDO PRO | BARBARA LAWLOR Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas.
INSIDER INSIGHT | 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
14 NextHome.ca
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 nexthome.ca Advertising Call 416.626.4200 for advertising rates and information. Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1.855.826.4200 to discuss distribution opportunities. Copyright 2017 All rights reserved by Yellow Pages Homes Ltd. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Terms Advertisers, Editorial content 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. Please submit to the editor at wayne.karl@nexthome.ca
o l l e h y a S to Wesley Mississauga’s tall, good-looking newcomer
Coming soon to Mississauga, Daniels will introduce the newest addition to their iconic master-planned community – Wesley Tower at Daniels City Centre. Wesley Tower will offer an amazing location, innovative one bedroom to familyfriendly three bedroom suite designs and well-thought-out functional amenities. Don’t miss out on Mississauga’s best new homeownership opportunity introduce yourself to Wesley today!
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905.819.8889
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Presentation Centre
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SUITES FROM THE MID $200,000s
Exclusive Listing: City Life Realty Ltd., Brokerage. Brokers protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
ADVICE | BILD REPORT
DENSITY AROUND TRANSIT MAXIMIZES PUBLIC INVESTMENT
BRYAN TUCKEY
What would you build on a prime piece of land near a GO station? In a region such as the GTA, which is growing by about 100,000 people a year, this is a vital question. Building density around transit hubs means more people and more businesses have easy access to transit, which maximizes our public investment in it. BILD has long been an advocate for more density near transit and for updating municipal zoning bylaws to make building such density easier. A group of young builders gathered recently to discuss what they would build on a piece of land near the Aurora GO station, a site slightly less than 6,000 square metres. The provincial Growth Plan mandates minimum density targets for areas near major transit stations, such as this one, but Aurora’s Official Plan restricts building height in the area to a maximum of six storeys. The two innovative proposals for the site put forward by the young builders envisioned a combination of townhouses, stacked townhouses and midrise buildings of eight and nine stories. Despite the modest heights proposed, both projects exceed the maximum allowed in Aurora’s Official Plan. 16 NextHome.ca
One proposal, presented by Tyler Grinyer, a senior associate at Bousfields, featured a threestorey townhouse and a ninestorey midrise with retail space and a daycare on the ground floor. The development included a playground, a dog run and wash station and a coffee shop in a converted heritage house.
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Building density around transit hubs means more people and more businesses have easy access to transit, which maximizes our public investment in it.
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With the goal of offering family housing at an affordable price, Grinyer proposed eliminating resident parking spaces to allow for family-friendly three-bedroom units at a lower price. The development would only have a few visitor parking spots and residents could use onsite car sharing if they needed to drive. This is a creative solution, but Aurora’s Official Plan requires a minimum of one parking space for every unit.
The other proposal, presented by Barry Gula, vice-president of development and engineering at Freed Developments, aimed to minimize complications in the approvals process by staying close to Aurora’s zoning by-laws. The project featured four-storey stacked townhouses and threestorey townhouses on all sides of the base of an eight-storey midrise. A gym onsite would serve both GO riders and residents. Aurora tries to strike a balance between revitalization and preserving its unique small-town character, according to town Councillor Tom Mrakas, who participated in the discussion. Residents are more comfortable with taller buildings when they can understand how density benefits the community. Transit-oriented density is essential to maximize the investments we are making in transit. We all need to work together to educate residents and local decision-makers about its benefits.
Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and is a land-use planner who has worked for municipal, regional and provincial governments. He can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILD’s official online blog (bildblogs.ca).
+MORE ADVICE ONLINE nexthome.ca/news/advice
GO.2 / Maple
We call it Pemberton. Mills Square / Mississauga
Social / Toronto
GO.2 Condominiums / Maple
Illustrations are artist’s concept. E. & O. E.
Current Communities
Coming Soon
Everything a home should be. The Pemberton difference. It begins with building in the GTA’s most coveted locations. From there, we bring together design creativity, superb craftsmanship, quality features and outstanding amenities. It’s through this process we develop communities that go beyond the standard. Reinventing the way you live, one community at a time. That’s the Pemberton difference.
Learn more at pembertongroup.com
You call it your corner office.
a meeting place, a living space. be part of it. steps from Dundas Square. minutes from Ryerson University. moments until your next experience. Condos coming soon to Church + Dundas
register at pembertongroup.com
GTA
IN THIS SECTION
SHOWCASING NEW PROJECTS IN THE GTA
GREATER TORONTO AREA
NEIGHBOURHOOD: HARBOURFRONT
MAPS & LISTINGS OF NEW COMMUNITIES
TRENDING
GREAT GULF TO ACQUIRE MIRVISH GEHRY LANDMARK PROJECT IN TORONTO
Great Gulf and Ed Mirvish Enterprises have reached an agreement for Great Gulf to acquire the site of the proposed landmark Mirvish+Gehry project in the heart of Toronto’s downtown Entertainment District. “I am pleased to have concluded a transaction with Great Gulf that will see the realization and fulfillment of my vision for Mirvish+Gehry Toronto,” says David Mirvish, president, Ed Mirvish Enterprises. “I am delighted to have completed the development process that allows Great Gulf to create a wonderful addition to the Toronto skyline. In Great Gulf, we have selected a developer who is capable of executing Frank Gehry’s vision, and will work well with him 18 NextHome.ca NextHome.ca | GTA
to bring the project to realization,” says Mirvish. “I believe the project will do honour to the history of the people in the city who built it to what it is today and will continue to project Toronto’s possibilities onto the world stage. Ed Mirvish Enterprises and Projectcore will move forward to support Great Gulf’s efforts throughout the process as they fulfill Gehry’s vision for Toronto.” The development on the site located at the intersection of King Street and Duncan Street will feature among the tallest residential structures in Canada. The development will comprise two towers with 82 storeys in the East Tower and 92 in the West Tower anchored by a multilevel podium. The site is zoned
for mixed use, including retail, office, institutional, hospitality and condominium suites in the towers. “We are very excited to add this signature project to our Great Gulf development portfolio,” says Great Gulf Homes President Christopher Wein. “It will be Toronto’s first internationally acclaimed development from one of the world’s most celebrated architects, Frank Gehry. It’s a magnificent development opportunity and aligns well with our vision to build iconic state-of-the-art developments. Toronto is truly a global city and this development will continue to build our reputation on the world stage. The entire team at Great Gulf is excited to work with Frank Gehry to realize the bold vision and legacy of David Mirvish.”
THE PENTHOUSE COLLECTION
EXPERIENCE THE NOBU LIFESTYLE AT T H E H I G H E S T L E V E L I N T O R O N T O ’ S E N T E R TA I N M E N T DIS T R I C T C OM I N G S O O N NOBURESIDENCES.CA
MADISON GROUP
IN PARTNERSHIP WITH Marketed by International Home Marketing Group. Brokers protected. Renderings are artist’s concept only. E & O.E.
20 NextHome.ca NextHome.ca | GTA
COVER STORY
PINNACLE ONE YONGE COMING SOON TO THE FOOT OF YONGE STREET One of Toronto’s most highly anticipated developments, Pinnacle One Yonge by Pinnacle International, will be commencing its inaugural phase of this intricately designed mixed-use community. Pinnacle One Yonge will transform a legendary address into one of the world’s most vibrant go-to places to live, work, play, shop and pursue your passions. Located at the foot of Yonge Street, Pinnacle One Yonge is conveniently accessible to your favourite places, any day of the week! It is the perfect stress-free commute for those who want to walk, bike, drive or TTC to work. For those efficient weekend getaways, Via Rail, UP Express, Billy Bishop Airport and the ferry to Centre Island are only minutes away and allows you to maximize your time to explore! Pinnacle One Yonge is the beginning of a fabulous downtown lifestyle filled with sports, concerts, festivals and theatre productions, not to mention popular destinations such as the St. Lawrence Market, the Distillery District and Toronto’s Waterfront, all a part of your bustling neighbourhood. There is never a dull moment. This complete community will include extensive residential, office, retail, restaurants and hotel components tied in with the PATH network and pedestrian connections throughout, creating an energetic and vibrant environment. Integrated into this development, and operated by the City of Toronto, will also be a 50,000-sq.-ft. community centre equipped with a six-lane, 25-metre swimming pool, double
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This is your chance to live in a modern and complete community where you can truly live, work and play
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gymnasium and numerous activity rooms. With the community centre complementing Pinnacle One Yonge’s own array of recreational spaces, there is something for all ages and you will never run out of exciting things to do. Residents will experience more than 100,000 sq. ft. of combined indoor and outdoor amenity spaces. Highlights include a 10,000-sq.-ft. dog run with dog wash stations, a walking track with a fitness circuit, barbecues with outdoor dining areas, gyms, spin studio, party room and many more programmed spaces! There are also indoor and outdoor play areas designed for kids to enjoy. Pinnacle’s family-friendly program continues in this development with a tremendous focus on layouts and livability. In the first phase, 40 per cent of the units are two-bedrooms or larger, and 15 per cent are dedicated to three-bedroom and larger suites, perfect for growing families. With this outstanding location, along with the wide range of transportation options, and an
abundance of amenities, there is no reason not to call Pinnacle One Yonge home. This is your chance to live in a modern and complete community where you can truly live, work and play. Coming soon, the inaugural tower is set to shape this magnificent community. Pinnacle International is one of Canada’s leading builders of luxury condominium residences, hotels and commercial developments. Based in Vancouver, Pinnacle has been involved in development, design, construction and management for over four decades. Pinnacle’s portfolio includes landmark locations and master-planned communities in Vancouver, Toronto and San Diego. A Pinnacle property is always place-perfect, with an elan of its own. Visit pinnacleoneyonge.ca to register for your chance to live in one of Canada’s most recognizable addresses.
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LOCATION Toronto DEVELOPER Pinnacle International DEVELOPMENT Pinnacle One Yonge HOME TYPE Mixed-use condominium community CONTACT pinnacleoneyonge.ca
OCT 28 - NOV 11, 2017 21
ADVICE | STAT CHAT
TORONTO CONDO BOOM DOES THE DEMOGRAPHIC DATA SUGGEST IT WILL CONTINUE?
BEN MYERS
In early October, BILD had Avid Ratings and Environics Analytics present at its highrise forum. Environics, a marketing analytics company, presented data on the typical resident of a condominium apartment in the Toronto Census Metropolitan Area (CMA). They presented some interesting figures, which showed that 34 per cent of condo residents are under the age of 35 in the Toronto CMA, 44 per cent are one-person households, and 49 per cent have a university degree. The more surprising figures showed that 56 per cent of condo households drive to work, and 61 per cent were born outside Canada. These are important demographics to consider if you’re in the market for a condominium as an investment property. The data suggests a fairly young population, skewed toward oneperson educated households. In a suburban highrise project, you should consider buying a parking spot, as the 56 per cent of residents who drive to work is likely heavily influenced by residents in the “905” markets. One interesting point made by Environics is that they expect the “under 35” age demographic to decrease in the 2021-26 period, which is noteworthy given that 22 NextHome.ca NextHome.ca | GTA
is the time frame that almost all pre-construction condominium projects launching in 2017 or 2018 will likely see their first occupants. Will there be enough young folks available to rent all the investorheld units? This could potentially impact the rent you could charge. It is worth reiterating these statistics: More than half of all Toronto CMA condo residents were born outside of Canada. With that in mind, it is difficult to
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More than half of all Toronto CMA condo residents were born outside of Canada
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predict the level of immigration in Canada and Toronto, and the Liberal government has stated its intent to increase immigration in the coming years. Economists underestimated the level of population growth in Canada and the Toronto CMA in 2017, so if they can underestimate population in the short-run, there is a very good chance they would also do so for 2021-26. As with the weather, it should be easier to forecast the temperature tomorrow, but harder to forecast next week. Avid Ratings reported that 80 per cent of new-condominium
buyers in Canada would recommend buying a unit to family and friends. They also reported that 78 per cent of new-homebuyers looking at condominiums for their next purchase would choose a highrise building (11 or more storeys). Avid Ratings data also shows that people will sacrifice space in their home, but not the level of interior finish. They are willing to sacrifice common building amenities, but less willing to increase their commute. All of these factors are worth considering if you are buying a unit as an investment, or you’re buying for personal use and want to maximize your resale value. Avid Ratings survey findings also reveal that energy-efficient appliances and open-concept kitchens are two of the biggest must-haves in a new highrise home. Hopefully, this data helps you narrow your choice in the new condo market, helps you attract the right tenant or maximizes the value you receive when you eventually sell your suite. Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian Housing Market at fortressrealdevelopments.com or follow Ben on twitter at @BenMyers29
+MORE ADVICE ONLINE nexthome.ca/news/advice
coming soon |
F R O M T H E H I G H 3 0 0 ’s
TO R O N TO ’ S M O S T E XOT I C NEW ADDRESS AT YO N G E - D U N DA S S Q UA R E A sleek 30 storey tower that balances yin and yang, as it rises above the city’s most vibrant neighbourhood. A place where Ryerson University is just a short 2 minute walk away.
PA N DACO N D O S .CO M Prices & specifications subject to change without notice. E. & O. E. Illustration is artist’s concepts. Brokers protected. Exclusive broker listing: Baker Real Estate Incorporated.
T R A N S I T S CO R E 1 0 0 WA L K S CO R E 1 0 0 Work, restaurants, shops, transit, and an array of exciting cultural institutions are right at your doorstep. This is where your good fortune is written in black & white.
PROPERTY PROFILE
Alternate kitchen example
REMOVING BARRIERS AND DESIGNING POSSIBILITIES WITH
DANIELS’ ACCESSIBILITY DESIGNED PROGRAM The Daniels Corporation recently made history in the real estate industry, with an announcement that takes the concept of inclusive building to a new level. The Accessibility Designed Program (ADP) was officially launched earlier this month at DuEast Condominiums in Regent Park and Wesley Tower in Mississauga City Centre. The ADP provides standard suites designed specifically for people who have mobility needs, with features that exceed Ontario Building Code (OBC), at no extra cost. NO BETTER TIME THAN NOW
Jake Cohen, Daniels’ vice-president of project implementation, emphasized both the urgency and necessity of this initiative. It is reported that one in seven people in Ontario has a disability, including 24 NextHome.ca NextHome.ca | GTA
more than 40 per cent of people over the age of 65. Until now, those with mobility needs have been faced with a lack of new residences that offer comfortable, maneuverable surroundings. The ADP is based on the principles of the Accessibility for Ontarians with Disabilities Act: Independence, dignity, integration and equality of opportunity – characteristics that are in line with Daniels’ corporate philosophy. According to Cohen, “Daniels is committed to creating vibrant and inclusive communities that offer homes to the broad spectrum of the market, including people who find mobility difficult in traditional layouts. Rather than retrofit existing layouts, we designed the ADP suites from the outset to enhance their lives.” Daniels’ ADP suites are available in one-, two- and
Alternate kitchen example
three-bedroom layouts. Standard features include roll-out/low-threshold balconies with a swing door and large roll-in showers with mosaic tile flooring; a rough-in for a power-operated door; wider doors (minimum 34-in. clearance) throughout; a minimum 1,100-mm clearance between the kitchen cabinets and island; and at least one standard bath with the roll-in shower with handheld faucet, grab bars and seat, under-sink knee clearance and additional clearances (beside toilet and shower).
BARRIER-FREE LIVING
Barrier-free living continues throughout the amenity spaces and common areas as well, such as power door operators, larger turning radii, lowered concierge desks enabling direct eye-to-eye contact from a seated level and accessible kitchens in party rooms. Recognizing that mobility needs vary among individuals, Daniels offers purchasers the opportunity to consult with the ADP team to further upgrade their suite to meet their specific requirements. “People who use mobility devices should be able to select from homes designed with contemporary styles and finishes, yet are functional,” Cohen says. HOUSING INCLUSION
Daniels offers an alternate kitchen, for example, with under-sink clearance, counter heights lowered to 34 in., side-opening oven, pull-out counter below the stove, double-door fridge, cook-top with knee clearance and dishwasher drawer. “It has always been Daniels’ mission to eliminate barriers to homeownership, be they financial or physical,” Cohen adds. “The ADP represents our continued commitment to work toward greater overall housing inclusion.” The Daniels Corporation is one of Canada’s preeminent builder-developers, building more than 27,000 new homes across the Greater Toronto Area for over 34 years. Roll-in shower example
For more information, visit danielshomes.ca or email accessibilitydesigned@danielscorp.com OCT 28 - NOV 11, 2017 25
Now Releasing
Podium Suites
NEIGHBOURHOOD PROFILE
HARBOURFRONT A TRENDY MULTI-CULTURAL, ARTSY COMMUNITY HOT SPOTS
MEET THE NEIGHBOURS
BRANDON BASTALDO
Once the hub for Toronto’s shipping and industrial import/ export industry, this expansive lakeside neighbourhood known as Harbourfront has undergone a massive transition. Stretching from Lower Bathurst Street to York Street in the east, Harbourfront is an area that sees its east-west boundaries constantly expanding. With a large population of condo dwellers, Harbourfront features numerous community amenities. VIBE
There is a wealth of paid and free programming catering to everyone. For culinary aficionados to music and theatre fanatics, Harbourfront sports a vibrant neighbourhood feel. There’s always something going on – whether it’s on water or dry land. On sunny days and cool afternoons, teens, couples and families walk, bike and blade along the boardwalk, while buskers and local merchants cater to their every need. 28 NextHome.ca NextHome.ca | GTA
With its roots deeply set in the condo boom that began to take Toronto by storm more than a decade ago, the Toronto Harbourfront is seasoned with both the old and the new. You can catch young edgy artists, kids and senior citizens co-existing along this lakeside hot spot on any given day.
LAVAZZA Lavazza is a cafe guaranteed to satisfy the caffeine needs of all lake-side coffee connoisseurs. Brews are ecoconscious and these caffeine experts provide the perfect cup, every time.
PLANES, TRAINS & AUTOMOBILES
The area has immediate access to The Gardiner Expressway and Lakeshore Blvd., the city’s southern traffic arteries. There are marinas for boaters, the ferry terminal, water taxis and it’s a short hike to Billy Bishop Airport. Regular streetcar service along Queens Quay Blvd. now has dedicated lanes. Cycling is a great way to get around the area and the dedicated bike path is heavily utilized.
AMSTERDAM BREWHOUSE By merging the best of beer, food and scenery, this iconic Toronto-based brewing company quenches thirsts and brings relaxation to lake-side lovers in its tavern-like brew house located in the heart of Toronto’s Harbourfront.
DOLLARS & SENSE
Toronto Harbourfront is an all out wonderland in the summer time, but winter conditions cause its outdoor amenities to go mostly unused. Aside from the Harbourfront Centre skating rink, this area becomes more lonely. Alternatively, no matter what the weather conditions, this area continues to be a photographer’s paradise year round.
LITTLE NORWAY PARK Located near the most westerly border of the Harbourfront, Little Norway Park is a great place to get away from the Harbourfront’s bustling and tourist-heavy attractions. It’s a local favourite.
OCT 28 - NOV 11, 2017  29
N OW S E L L I N G .
Things are looking up. Way up. At Kipling + Dundas, a Central Etobicoke neighbourhood with deep roots is growing up. Improvements are abound; making way for pedestrians, cyclists, new businesses and new neighbours. Adjacent to Kipling Station, The Kip District is in the middle of this revitalization. And with the first phase now sold out, the community is unfolding fast. Discover quick commutes, great amenities and local flavour. Here is where life starts.
Wh e re l i fe sta r ts. t h e k i p d i st r i c t.co m
DU
ND AS
ST
W
Priced from the low $300’s.
B LO
OR
ST W
KIPL ING KIPLING TTC / GO
Sales Centre 5143 Dundas Street W. 416.207.1919 Mon to Thurs noon - 6pm / Sat + Sun 11am - 5pm / Closed Fri Illustration is artist’s impression. Prices, availability, design and specifications subject to change without notice. E.&O.E. November 2017.
COMING SOON TO HAMILTON FALL 2017
TELEVISION CITY MODERN HIGH RISE HOMES FROM THE LOW 200’s
REGISTER NOW FOR A CHANCE TO BUY! Visit online or email for more details, info@televisioncity.ca
TELEVISIONCITY.CA 905.512.4700
DEVELOPER
EXCLUSIVE BROKER
Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected. Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
ADVICE | FUNDAMENTALLY SPEAKING
CONDO MARKET TO CONTINUE TO GROW? YOU CAN BET ON IT
WAYNE KARL
Well, this is different. The performance of the Toronto real estate market is so strong, that one local investment firm is betting on it – literally. Toronto-based Connect Asset Management has issued a challenge to the investment community at large, wagering that the downtown Toronto condo market will outperform any other investment. The real estate investment firm is betting $40,000 to go headto-head with any investment, putting its money on The Daniel Corporation’s DuEast Condominiums. DuEast is located at the northeast corner of Dundas Street and Sumach Streets in the Regent Park area of Toronto. “Not investing in downtown Toronto real estate is a huge mistake,” says Matt Elkind, co-founder of Connect Asset Management, who is also a realtor and real estate investor. “If you aren’t investing in the market, you should think again.” How exactly will such a challenge work? Takers will make a $40,000 investment and track it for four years. The “winner” will be the investment that realizes the largest gains, net of all expenses except tax. The winning investor then gets to donate the loser’s profit to a charity of their choice. 32 NextHome.ca NextHome.ca | GTA
“We believe that investing in the downtown Toronto condo real estate market will yield far higher returns than any investment fund, hands down,” Elkind says. “Toronto has an expanding economy and job growth, is a popular destination for new Canadians and is a business centre for the entire country. The demand for housing is increasing faster than new homes can be built, and that’s why the rental market is incredibly strong, with a one-percent vacancy rate, and prices have been consistently appreciating.” Connect Asset Management chose Daniel’s DuEast as the investment target for three reasons: the condo is well priced, beginning from the high $200’s; Elkind expects DuEast units to be attractive as rentals; and the massive revitalization currently under way in the area bodes well for value appreciation as the neighbourhood matures. As for the investment strategy to be used with DuEast, Elkind says
the initial purchase will close, the unit will be rented for one year and then sold. “While we don’t recommend selling, it’s necessary in order to get an accurate profit,” since the investment will be measured against stocks and mutual fund portfolios, which are easier to track. As of mid-October, no one has stepped up to take on the challenge, Elkind told NextHome, but some investment advisors he deals with are so impressed with DuEast they’re buying their own units.
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@nexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
+MORE ADVICE ONLINE nexthome.ca/news/advice
TRENDING
CONTEST GIVES KIDS A CHANCE TO HELP BUILD MORE HABITAT FOR HUMANITY HOMES They say the pen is mightier than the sword. For Canadian elementary school students, sharing their stories may give them the power to help make the world a better place for those who don’t have a safe, dependable and affordable space they can call home. For the 11th year, Genworth Canada has launched its Meaning of Home contest to give grade 4, 5 and 6 students the opportunity to share their stories, videos and poems about what home means to them in support of Habitat for Humanity and local Habitats in communities across the country. The winning student will be awarded a $50,000 donation toward a Habitat build of their
choice, in addition to a $1,000 donation to their school. There are also 10 secondplace grants of $5,000 toward the winner’s local Habitat, plus for every entry received, Genworth will make a $10 donation to local Habitats from coast to coast. “I believe it is important that our
youth recognize the power they have to help change the world we live in not just tomorrow, but today as well,” says Mark Rodgers, president and CEO, Habitat for Humanity Canada. “Genworth Canada’s Meaning of Home contest allows students the opportunity to think about and to articulate what a home means to them.” Since 2007, Genworth Canada’s Meaning of Home contest has provided more than $1 million in funding to Habitat for Humanity across Canada. The contest began Oct. 10 and ends Nov. 30, 2017. For more information on contest rules, or to submit an entry, visit meaningofhome.ca —Marlene Eisner
CANADIAN HOUSING STARTS SHOWED DOWNWARD TREND IN SEPTEMBER Canadian housing starts trended downward in September with 214,821 units compared to 220,573 units in August, according to the Canada Mortgage and Housing Corporation (CMHC). This measured a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. In Toronto, although total housing starts decreased by seven per cent in September from the previous month, the overall pace of new home construction remained stable as strong demand for new homes in the Toronto Census Metropolitan Area (CMA) continued to persist. The decrease was led by lower apartment starts. Monthly variations in highrise starts were typical given delays in getting largescale projects off the ground, while lowrise starts remained strong. Meanwhile, in Brantford, single-
detached starts were high, and in London, both single-detached and multiple housing starts posted the highest levels for the month of September since 2006. Out west, housing starts in the Vancouver CMA trended downwards in September as fewer multi-family home projects got underway. The high level of housing starts over the past year has led to a record number of units being under construction in the
region, leaving little spare capacity to start additional projects. The standalone monthly SAAR of housing starts for all areas in Canada was 217,118 units in September, down from 225,918 units in August. The SAAR of urban starts decreased by 5.1 per cent in September to 198,910 units. Multiple urban starts decreased by 10.7 per cent to 131,388 units during the same time period. Single-detached urban starts increased by 8.2 per cent, to 67,522 units. “Housing starts were trending lower in September after increasing for eight consecutive months,” says Bob Dugan, CMHC’s chief economist. “Nevertheless, new home construction remains very strong as the seasonally adjusted number of starts was above 200,000 units for four straight months.” —Marlene Eisner OCT 28 - NOV 11, 2017 33
PROPERTY PROFILE
GALLERY SQUARE MODERN URBAN CONDOMINIUMS SURROUNDED BY ART, COMMERCE AND NATURE Gallery Square Condominiums is an art-inspired condominium with creativity at its heart. Imagine modern urban condominiums in one of North America’s most environmentally conscious master-planned communities, and surrounded by art, culture, commerce, nature and education with North America’s largest urban park – Rouge National Urban Park – just steps away. Right next door, you’ll find the 905 region’s first condo hotel, Toronto Marriott Markham and Signature Condominiums. This is the setting for one of downtown Markham’s 34 NextHome.ca NextHome.ca | GTA
most exciting new projects, to open in 2021. Gallery Square Condominiums is comprised of three towers, offering a diverse selection of more than 600 spacious one-, two- and three-bedroom suites, with ample underground parking and a beautiful central piazza that will create an animated outdoor public realm. In keeping with the overall vision of its master-planned downtown core, The Remington Group has forgone traditional condominium retail in its plans for Gallery Square, which will feature 150,000 sq. ft. of unique dining
and shopping options, including an urban grocer and innovative food hall. The Remington Group has enlisted industry leaders Beauleigh and GH+A design studios to craft the most dynamic and interactive retail experience for downtown Markham’s diverse, trend-conscious clientele. Downtown Markham is a vibrant urban centre, seamlessly connected to public transit, adjacent to exciting retail and dining districts already open for business, with 72 acres of landscaped greenspace and a $25-million public art initiative at
the heart of it all. Situated between two major regional roadways (Hwy. 407 to the south and Hwy. 7 to the north) and between Warden Avenue and Kennedy Road, downtown Markham enjoys proximity to the Markham Pan Am Centre, Bill Crothers Secondary School, Unionville GO Station and York University’s new Markham Centre campus (opening 2021) and is now home to Cineplex Cinemas VIP and IMAX and new 24-hour GoodLife Fitness. At full build out, this ambitious downtown core will be North America’s largest collection of LEED-certified buildings and will house more than 10,000 residents, 3.7 million sq. ft. of award-winning retail, 2.4 million sq. ft. of premium office space; all powered by Markham District Energy. It’s no wonder why downtown Markham was named Best New Community (Built) at the 2017 BILD Awards and scored Maple Leaf Gold at last year’s ICSC Canadian Shopping Centre Awards. Gallery Square draws inspiration from Remington’s industryleading commitment to public art, anchored by the Remington Contemporary Art Gallery (RCAG), which will inhabit all 243 acres of downtown Markham. Remington has introduced urbanity and a sense of community by injecting untraditional forms of art in notso-usual places; at its epicentre is The Pride of Canada Carousel, a rideable work of sustainable art that has quickly become a destination for the surrounding community. Visitors will encounter underground parking garages
adorned with colourful street art, interactive sculptures and pieces cleverly integrated into building facades and public spaces. New to the collection this year is HALOZ WUZ HERE, a 50-ft. hand-painted street art mural by Queens-based graffiti artist Kidlew, located on the east side of The Origin (169-
179 Enterprise Blvd). Intended as downtown Markham’s next major hub, Gallery Square Condominiums will feature its own body of thoughtprovoking public art for residents and visitors to discover. Visit downtownmarkham.ca to find out more about contemporary living at Gallery Square Condominiums. OCT 28 - NOV 11, 2017 35
this is
LIFE AT THE GALLERY COMING SOON. CREATIVE LIVING IN DOWNTOWN MARKHAM Life imitates art. Coming soon, Gallery Square in Downtown Markham. An art-inspired community with creativity at its heart. Modern urban condos in a master- planned setting, surrounded by art, culture, commerce, nature, education and more. It’s contemporary living raised to an art form. Register now for a priority preview.
register at downtownmarkham.ca
36 NextHome.ca NextHome.ca | GTA
Exclusive listing brokerage, Intercity Realty Inc. Brokers protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E. & .O. E.
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*Price and information correct at press time. Illustration is artist impression. Map not to scale. E. & O. E.
TREASUREHILL.COM OCT 28 - NOV 11, 2017 37
PICKERING
Your HOME,, your year round HOLIDAY.
GRAND OPENING Located steps from the shores of Lake Ontario by quaint Frenchman’s Bay. Launch into a new lifestyle in a familyfriendly village surrounded by beaches, trails, parklands, marina and boardwalk. With both the GO Station and the 401 just minutes away, it is a quick commute to Toronto!
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MadisonFB.com PRESENTATION CENTRE: 1635 Bayly St., Pickering, ON FBSales@MadisonGroup.ca 905.839.0038 Renderings are artist’s concept only. Marketed By International Home Marketing Group. Brokers protected. E & O.E. September 2017.
CONDO TOUR
TOURING SOME OF
NEWEST CONDOS by WAYNE KARL
Looking to buy a condo? Join us on this pictorial tour of some of Toronto’s latest and greatest projects, in various stages of completion
HARBOUR PLAZA By Menkes Developments 88 & 100 Harbour St., South Core Financial District Occupancy underway; now previewing penthouse collection menkes.com North view from the 62nd floor
The towers of Harbour Plaza
Common amenities area
South view from the 62nd floor
40 NextHome.ca NextHome.ca | GTA
OUR 25TH ANNIVERSARY COMMUNITIES: CURRENT COMMUNITIES TIFFANY HILL - ANCASTER GRAND OPENING 45’ & 40’ Singles, Freehold Towns Starting from the low $600’s AFFINITY CONDOMINIUMS ALDERSHOT / BURLINGTON Two Contemporary Mid-Rise Condominiums Starting from the upper $300’s NEIGHBOURHOODS OF MOUNT PLEASANT - BRAMPTON Freehold Traditional Towns and Contemporary Townhaus Collection Starting from the mid $700’s
LOVE
PLATINUM COLLECTION RANDALL RESIDENCES - OAKVILLE Suites from $2.2 million By appointment only RandallResidences.com COMMUNITIES COMING THIS FALL NEIGHBOURHOODS OF MOUNT PLEASANT - BRAMPTON Contemporary Courtyard Towns from $699,990 Coming November 2017 Register at RosehavenHomes.com COMMUNITIES COMING 2018
It’s the spark that brings us together. It’s a warmth that glows brighter as your family grows. It’s the home that welcomes us and protects us from the world outside. It’s the space that surrounds us and makes moments into memories. Love is the place we put our hearts; reflected in the beauty of a red, red rose. Red roses mean love
GRIMSBY
High-Rise Condominiums
NORTH OAKVILLE Singles & Towns
BRAMPTON/MT. PLEASANT Mid-Rise Condominiums
BRADFORD/DREAMFIELDS Singles & Towns
HOLLAND LANDING/ ANCHOR WOODS Singles & Towns
Visit RosehavenHomes.com For directions, maps, hours and community information call our hotline
(1-888/416) 410-0175
Prices and specifications correct at press time. Prices quoted are in thousands except for Randall pricing. E. & O.E. OCT 28 - NOV 11, 2017 41
BISHA By Lifetime Developments 56-88 Blue Jays Way, Entertainment District 98 per cent sold, occupancy underway
bisha.com
Looking up from the front facade at Bisha
Front entrance Main bedroom in sample unit
Kitchen in sample suite
42 NextHome.ca NextHome.ca | GTA
NOBU RESIDENCES By Madison Group 15 Mercer St., Entertainment District For sale, construction beginning next summer, scheduled for completion summer 2022; Penthouse Collection coming soon noburesidences.ca
Robert De Niro, a partner in Nobu
Inside Nobu presentation centre Kitchen in model suite
Living room in model suite
OCT 28 - NOV 11, 2017  43
ANDRIN HOMES Building Communities, One Exceptional Home at a Time. Andrin Homes’ unsurpassed quality and innovative designs play an integral part in every home we build.
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Visit our website for the most up-to-date information on our exciting communities.
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Exclusive listing brokerage, MarketVision Real Estate Corporation. Brokers protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E. & .O. E.
GIBBS RD.
THE EAST MALL
The Valhalla La la Love Affair
HWY 427
N SALES CENTRE
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PRESENTATION CENTRE: 2 GIBBS RD. MONDAY-THURSDAY: 12-6PM FRIDAY: CLOSED SATURDAY, SUNDAY & HOLIDAYS: 12-5PM 416.233.5554
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Allen Rd
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Register today at expresscondos.ca
Gramercy Park, Park, Southside and now Express Express,, the next great phase in Malibu’s successful Yorkdale Neighbourhood Community.
Exclusive Listing: Cornerstone Marketing Realty Inc., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.
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ADVICE | MORTGAGE INTEL
HOW TO CUT THE COSTS OF CARRYING A MORTGAGE
ALYSSA FURTADO
The Bank of Canada has already raised interest rates this year. And there’s speculation that as the economy heats up, we can expect further rate hikes, sooner rather than later, and lenders will pass the full cost of those hikes on to borrowers. BMO Bank of Montreal projects the key lending rate will rise to two per cent by the end of 2018. Here are some tips to help you beat the cost of higher mortgage payments: GO FIXED
A variable rate is lower, but the spread between rates on variable and fixed mortgages has already shrunk since the Bank of Canada rate hikes. Although the rate on a fixed mortgage is higher, it offers peace of mind if you’re concerned that interest rates are rising. If you’re renewing your mortgage, it might be wise to consider a switch to a five-year fixed rate. Borrowers with variablerate mortgages are already feeling the impact, with more of their payments going to cover interest. Anyone searching for a home should get a mortgage pre-approval, which guarantees the current fixed rates for up to 120 days. PAY OFF YOUR MORTGAGE AS QUICKLY AS YOU CAN
Go for the five-year fixed term and plan to pay off your mortgage sooner by making a concerted 48 NextHome.ca NextHome.ca | GTA
effort to make extra payments whenever you can. Most mortgages come with annual prepayment options of between 10 and 20 per cent on the anniversary of the mortgage or throughout the year. If you’re diligent with your prepayments, you can shorten your 25-year amortization schedule by a number of years. The prepayment privileges come with a cost, but it’s often worth paying off your mortgage early. Any time you get some extra money, such as a tax refund or bonus, kick it into your mortgage. This prepayment goes directly towards paying down the principal of your mortgage. Even minimum prepayments as little as $100 can add up pretty quickly. Make bi-weekly payments instead of monthly. Instead of making 12 payments a year, paying your mortgage every two weeks comes to a total of 26 payments each year instead of 12. This means you make one extra monthly payment a year, allowing you to pay off your mortgage ahead of schedule.
GET OUTSIDE ADVICE
When in doubt, see an expert who knows more than you do. A mortgage agent can be of great assistance in evaluating the options that can lower your monthly payments. Financing rules and strategies can change at anytime. A mortgage broker can save you a lot of money by keeping you informed and helping you understand your options While many bankers should be looking out for your best interest, they work for the bank, not for you. Talk to a mortgage broker for an alternative opinion. It’s their job to help you.
Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.
+MORE ADVICE ONLINE nexthome.ca/news/advice
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OCT 28 - NOV 11, 2017 49
TRENDING
GERANIUM SUPPORTS STOUFFVILLE FOOD BANK Geranium Homes once again headed up a food drive to benefit the Stouffville Food Bank. Every year, the Markhambased home builder promotes the food drive to residents of The Neighbourhoods of Cardinal Point in Stouffville. The company’s construction team and other employees collect donations from trades and suppliers of its active Stouffville building sites, which are added to the donations from suppliers working on Geranium’s new home developments, as well as other industry suppliers. This year, the total was $8,890, which includes $100 per home closed between Oct. 1, 2016 and late September 2017, at Geranium’s estate home neighbourhoods.
Geranium’s team, along with representatives of SCS Consulting Group, MQ Energy, Golder Associates and PACE Credit Union, with Anand Date, chairman of the Stouffville Food Bank, and WhitchurchStouffville Mayor Justin Altmann, for the annual Thanksgiving donation of funds and non-perishable food items.
“We thank Geranium for their annual food drive contributions to the Stouffville Food Bank,” says Anand Date, chairman of the Stouffville Food Bank. “We feel it’s important to
contribute to the communities within which we build and our joint contribution makes a big difference to the Food Bank,” says Stephanie Lane, Geranium’s marketing and sales manager.“
SCOOP CONDOS BREAKS GROUND IN WEST ST. CLAIR WEST On Oct. 12, just 18 months after launching, Graywood Developments broke ground on Scoop Condos – the first midrise, multi-residential building along this stretch of West St. Clair W. The Graywood team was joined by Councillor Cesar Palacio, Scoop purchasers and community members for a ceremony to mark the beginning of construction. “Everything about Scoop has been driven by this neighbourhood… Graywood and our team of designers and consultants have carefully considered each detail to deliver a building that integrates into this community,” says Stephen Price, CEO of Graywood Developments. “Cities like Toronto develop in pockets, and this stretch of St. Clair, from Old Weston Road to Caledonia is primed for community-oriented developments such as this. As we break ground on Scoop, we do so 50 NextHome.ca NextHome.ca | GTA
From the left: Adidharma Purnomo, Graywood Developments’ vice-president, development project management; Stephen Price, president and CEO; Heather Lloyd, vice-president, sales and marketing and Cesar Palacio, Ward 17 Davenport councillor
with the ambition of setting the bar for what development can and should be like along this corridor.” The neighbourhood places Scoop in proximity to St. Clair Gardens, restaurants, art galleries, Corso Italia, Wynchwood Barns and the Junction. The six-storey building comprises 72 units,
offering one- and two-bedroom layouts ranging from 550 to 1,200 sq. ft. Scoop also includes features such as a library that backs onto a shared courtyard, complete with community gardens. For more information, visit scoopcondos.com
52’ & 61’ Luxury Homes Set On Mature Treed Lots
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geranium.com Prices and specifications are subject to change without notice. Rendering is artist’s concept. Brokers protected. E.&O.E. October 2017.
TRENDING
CANADIAN HOME SALES EDGE UP AGAIN IN SEPTEMBER National home sales edged up in September with a modest 2.1-per-cent increase from the previous month, according to statistics released by the Canadian Real Estate Association (CREA), but remained down from levels recorded one year ago. Actual (not seasonally adjusted) activity stood 11 per cent below last September’s level. As well, the MLS Home Price Index (HPI) was up 10.7 per cent year-over-year in September while the national average home sale price climbed by 2.8 per cent in the same time period. The small gain in September builds on an even smaller increase in August, but leaves national home sales almost 12 per cent below the record set in March. Activity was up between August and September in about half of all local markets, led by Greater Vancouver and Vancouver Island, the Greater Toronto Area (GTA), London and St. Thomas, and Barrie. In and around the Greater Golden Horseshoe region, some markets posted monthly sales gains while activity in others remained near recent lows or fell further. “National sales appear to be stabilizing,” says CREA President Andrew Peck. “While encouraging, it’s too early to tell if this is the beginning of a longer-term trend. The national result continues to be influenced heavily by trends in Toronto and Vancouver, but housing market conditions vary widely across Canada.” “Further tightening of federal regulations aimed at cooling housing markets in Toronto and Vancouver risks creating collateral damage in markets elsewhere in 52 NextHome.ca NextHome.ca | GTA
“
Further tightening of federal regulations aimed at cooling housing markets in Toronto and Vancouver risks creating collateral damage in markets elsewhere in Canada
”
Canada,” says Gregory Klump, CREA’s chief economist. “It also jeopardizes Canadian economic growth, which is already showing signs of fading.” While price trends continue to vary widely by region, benchmark home prices were up from year-ago levels in all 13 markets tracked by the MLS HPI – something that has not happened in close to seven years. Price gains slowed further on a year-over-year basis in Greater
Toronto, Oakville-Milton and Guelph; however, prices in those markets remain well above year-ago levels with 12.2 per cent in Greater Toronto, 8.8 per cent in OakvilleMilton and 17.3 per cent in Guelph. Elsewhere: After having dipped in the second half of last year, benchmark home prices in the Lower Mainland of British Columbia have recovered and now stand at new highs at 10.9 per cent in Greater Vancouver and 16.2 per cent in Fraser Valley year-over-year. Benchmark home price increases have slowed to about 15 per cent on a year-over-year basis in Victoria, while still running at about 20 per cent elsewhere on Vancouver Island. Calgary benchmark prices had a small .6 per cent increase on a year-over-year basis in September. Meanwhile, benchmark home price growth accelerated in Ottawa by 6.2 per cent, led by a 7.2 per cent increase in one-storey single family home prices, the largest gain since November 2010.
OCT 28 - NOV 11, 2017  53
PROPERTY PROFILE
LAST CHANCE FOR PRE-CONSTRUCTION PRICING AT TRIBUTE’S
MAX CONDOS & TOWNS AT ROUGE VALLEY When Tribute Communities announces a new home community or condominium, homebuyers get excited. That’s because Tribute has been creating exceptional GTA residences for more than 35 years. This fall, Tribute is breaking ground on the construction of two of its most acclaimed recent developments – Max Condos, and Towns at Rouge Valley. Pre-construction pricing is ending soon. Homebuyers should act now to take advantage of great value at Tribute’s next two great success stories. 54 NextHome.ca NextHome.ca | GTA
MAX CONDOS
The groundbreaking at Max Condos signals your chance to move in as early as 2020, in one of Toronto’s most dynamic neighbourhoods. Live steps from the corner of Church and Dundas in downtown’s most central areas. Every aspect of Max Condos has been designed to let you get the most out of life. Spectacular suite designs. Elite architecture. Convenient area amenities. You can enjoy a world of maximum possibility and potential here.
The fresh and functional suite designs at Max are among the best the city has to offer. This collection boasts highly livable suites of remarkable style and sophistication. Large open concept main areas. Chef-inspired kitchens. Inviting living and dining areas. Lavish ensuite bathrooms with refined features and finishes. It’s the luxury lifestyle that is only fitting in the heart of downtown Toronto. There’s also a range of impressive building amenities to enrich your urban lifestyle. Health and wellness amenities include a fitness centre, cardio room and yoga studio. You and your guests can enjoy the residents’ outdoor terrace, sun lounge and party room with kitchen. If your guests are spending the night, beautifully appointed guest suites are available for their comfort. There’s also a billiards and games room, media room and more! To take advantage of pre-construction pricing at Max Condos, visit the presentation centre at 475 Yonge Street. Learn more at maxcondos.ca TOWNS AT ROUGE VALLEY
Within moments of arriving here, you’ll understand why Towns at Rouge Valley is so special. It’s a place that combines the pristine beauty of an expansive national park and incredible urban convenience. This elegant townhome enclave is set moments away from the rich forestlands of Rouge Park. It also boasts some of the finest urban conveniences to be found anywhere in the GTA. Great shopping and dining. Easy access to transit. Elite postsecondary education at University of Toronto’s Scarborough Campus. Towns at Rouge Valley really has it all. Homes are situated on quiet private streets and cul-de-sacs. Limited thoroughfare traffic makes it the perfect place for children to play and explore. Striking exterior architecture and landscaped grounds create a welcoming community atmosphere. Inside, open concept main floorplans are the perfect place for you to spend time with family and friends. Upstairs, bedrooms are carefully positioned to give your family members the privacy they crave. Tribute really has thought of everything – from clever storage solutions to all the most stylish contemporary features and finishes. In every detail, these homes have been expertly crafted to make your life easier and better. Visit the towns at Rouge Valley Presentation Centre at 9390 Sheppard Ave. E, Unit 3, Scarborough. Learn more at townsatrougevalley.com OCT 28 - NOV 11, 2017 55
Photo: IKEA.ca
INSPIRATION
IN THIS SECTION
COOKING WITH CHUCK
THE PERFECT FLOORING
DOWN TO BRASS TACKS
INSPIRATION
Cooking with
CHUCK
Writer Sara Duck spends a morning in the LG kitchen with cool Canadian chef Chuck Hughes
Chef, television personality and restaurateur Chuck Hughes was recently in Toronto to showcase LG’s stellar, chef-calibre line of black stainless steel appliances. What’s interesting about these appliances is that they are fabricated from stainless steel, painted in a darker hue and treated with a protective coating to make them fingerprint- and smudge-resistant. Brilliant, right? Not to mention on trend as well, with the move towards darker and more dramatic kitchens predicted for 2018. 58 NextHome.ca
Chef Hughes took the opportunity to highlight the impressive features of the LG black stainless steel LSE5613BD electric range (which features a bluecoloured oven to better conduct heat) by whipping up a super quick and yummy chicken dish. Of course, for a big-time chef, cooking food that is quick and easy isn’t necessarily top-of-mind or Michelin Star worthy. But, since having children of his own, Chef Hughes confides that he understands how quick, easy and healthy meals for families are a priority.
PHOTOS: HAMISH BIRT
by SARA DUCK
Chef Hughes’ Roasted Chicken with Fresh Tomato and Black Olives INGREDIENTS 1 bunch of fresh basil 1 bulb of garlic 1 handful of black olives 4 free-range chicken breasts 3 large, very ripe tomatoes (about 1.5 lbs.) 2 shallots, roughly chopped 2 tsp. small capers Olive oil 1-2 tsp. red pepper spread
1. Preheat the oven to 375 F. Use a cast iron roaster big enough to fit all the chicken in one layer. 2. Pick the basil leaves. Break the bulb of garlic into cloves, leaving them unpeeled. Destone the olives. 3. In the cast iron roaster, pile all the vegetables, garlic and herbs into the middle and drizzle with high quality olive oil. Season with salt and freshly ground black pepper. 4. Place the chicken on top of vegetables, drizzle with good quality olive oil and season well with salt and freshly ground black pepper. Bake in the oven, turning the chicken after 30 minutes. 5. After 30 minutes check for doneness*. To finish, place under the broiler to brown the chicken. And he offers a solution. “When it comes to cooking at home, it’s about using the right tools and knowing your kitchen gadgets well, to help quicken your meal prep,” says Chef Hughes. He mentions tools such as the convection mode on your oven to speed up cooking time. Most people think of convection for use in baking, but Chef Hughes insists it’s a great way to cook food faster and it’s also more energy efficient. One of his favourite accoutrements in the kitchen is a cast iron braiser from Le Creuset – cookware that can easily move from stovetop to oven, creating one-pot meals. True to his word, in less time than it takes me to dry my hair, Chef Hughes prepared a meal bursting with flavour, using only one pot. With a few trade secrets, I guess we can all learn to be master chefs in our own kitchens.
Sara Duck is a self-proclaimed magazine junkie and trend hunter. She brings her love of all things design and decor to you with an expert eye for what’s on trend.
*Checking for doneness: Ensure juices run clear or insert thermometer into the breast. It should register 165 F.
LG LSE5613BD electric range
Braiser in cerise (1.4L)
$2,900 | lg.com
$200 | lecreuset.ca
+MORE INSPIRATION ONLINE nexthome.ca/news/inspiration
OCT 28 - NOV 11, 2017 59
SHOP TALK
ALLAN RUG CO. HELPING YOU FIND THE PERFECT FLOORING Looking for the perfect carpet or flooring for your home or office can be a daunting task for some, but Allan Rug Co. is here to help. A family-operated business since 1958, Allan Rug prides itself on assisting customers to find their exact flooring needs, every time.
“We can make suggestions that fit your lifestyle and budget, whether it’s one room or the entire house,” says Alan Montekio, director of Allan Rug Co. A visit to the company’s 13,000-sq.-ft. showroom will reveal thousands of samples, ranging from hand-knotted and machine-made rugs to hardwood, luxury vinyl, cork, laminate and even window coverings. With such an impressive variety of stock available, a store with knowledgeable and experienced staff can help make the selection
SPONSORED CONTENT / SHOP ALL ITEMS TODAY AT ALLANRUG.COM
60 NextHome.ca
process seamless. “We have built our business on word of mouth, and we acquire repeat and referral business from our many satisfied customers,” says Montekio. When it comes down to it, the carpet or flooring you choose should be an extension of your personality and lifestyle, and Allan Rug is your one-stop shop to make it happen. Allan Rug Co. 103 Miranda Ave., Toronto Phone: 416.639.2545 allanrug.com
ARE YOU PLANNING A FLOORING UPDATE? Consider your options! ALLAN RUG CO. offers five great tips 1 When choosing flooring or
carpet, remember the material should suit your lifestyle. Take into account your current decor, and select flooring or carpet that complements your furniture and current colours. 2 Hardwood flooring is durable
for most homes. However, hardwood can also show scratches and is not ideal for areas that can get wet. Vinyl planks that look like hardwood are the newest and most durable flooring
for high traffic areas or places where moisture is an issue. They are waterproof and less expensive than real wood. 3 When it comes to rug size,
choosing one that is too small is one of the most common decorating mistakes. At a minimum, the front legs of all the furniture should be placed on the carpet. Ideally, all the furniture should sit on the carpet.
4 There are lots of carpets made
from recycled materials, making them durable for high traffic areas such as halls and stairs, family and playrooms. Most are also pet stain resistant and have lifetime stain and wear warranties. 5 Want to make a powerful
design statement in your space? The right area rug can act as artwork for the floor. Allan Rug’s showroom has a never-ending variety of options, from modern to traditional, to choose from.
OCT 28 - NOV 11, 2017  61
INSPIRATION
GETTING DOWN TO Decor isn’t just gorgeous furniture and a great shade of paint. To achieve a style, many elements are layered into decor – from the prominent pieces to the smallest details. The current trend is all about brass. It’s a warm and elegant feature. Look for brass in hardware and accessories. This muted metal makes a great finishing touch!
by ELISA KROVBLIT KEAY
3
2
1 | Umbra Cappa decorative curtain rod ball caps $18/set of 2. bedbathandbeyond.ca 2 | Alpha brass chair $299. cb2.ca 3 | Feiss Quorra indoor/ outdoor chandelier $1,198. lowes.ca 4 | Vintage style cupboard lion ring pull handles $15/set of 2. walmart.ca
1
4
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6
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7 5 | TILLAGD 20-piece flatware set $60. ikea.ca 6 | Launis toilet paper holder $48. anthropologie.com 7 | Victorian mirror $325. simons.ca 8 | Brushed brass bar cart $300. homesense.ca
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64  NextHome.ca
Markham tour o ur
New Release! New Designs!
8
deco mod rated el hom es
FREEHOLD TOWNHOMES AND SINGLE FAMILY HOMES WITH NEW COACH HOME DESIGNS SUPERB HOME FEATURES*: • bonus bathrooms • central air conditioning • laundry chutes • oak stairs and hardwood flooring • convenient side door entries and much, much more…
AMAZING AMENITIES AT YOUR DOORSTEP • • • • • •
new cornell community centre & library markham stouffville hospital new shopping centres & retail shops excellent public & private schools parks, playgrounds & woodlots easy access to 401, 404, 407 & GO transit
cornellrouge.com 905.472.9556 SALES OFFICE LOCATED AT
655 Cornell Centre Boulevard (at 16th Avenue) Open Monday to Thursday from 1 to 8 p.m. Friday by appointment only Weekends & Holidays from 11 a.m. to 6 p.m. BROKERS PROTECTED * As per applicable plan/lot. Renderings are artist’s concept. Prices and specifications are subject to change without notice. See sales representatives for details. E & O.E.
MARKHAM
PROPERTY PROFILE
DELPARK HOMES RELEASES… 25 SIGNATURE HOMES IN NORTH OSHAWA Well-known and loved for its unique home plans and handson approach, Delpark Homes has built thousands of homes across southern Ontario, including Ajax, Barrie, Brampton, Bowmanville, Etobicoke, Markham, Mississauga, Richmond Hill, Sutton, Toronto and Whitby. Delpark Homes’ latest community, The Brook Phase 2 in Oshawa, offers just 25 exclusive, beautiful homes on 36-, 40- and 45-ft. lots. For those who missed out on The Brook Phase 1, this is
the final opportunity to own in this Delpark community. The Brook Phase 2 is nestled in a stunning natural setting amidst a myriad of urban comforts that provide every imaginable amenity a family could need. From exceptional schools, churches, shopping, dining, parks and entertainment, The Brook Phase 2 offers convenience as well as a truly beautiful, forested surrounding. All of the homes at The Brook Phase 2 are four-bedroom
detached that offer between 2,251 and 3,576 sq. ft. of impeccable living space. These magnificent, quality-crafted homes are loaded with exclusive features and finishes you’ll only find in a Delpark home. Homes include refinements such as natural oak staircases, soaring ceiling heights, customdesigned cabinetry and beautiful master bedroom retreats with spastyle ensuite bathrooms. In today’s cookie-cutter style communities, it is rare to find a gem like The Brook Phase 2 that has …continued on page 68
66 NextHome.ca
NOW OPEN 843 King St., W., Oshawa
45’ • STAFFORD 3 ELEV. C • 2,722 SQ.FT.
LIMITED RELEASE OF JUST 25 EXCLUSIVE HOMES NORTH OSHAWA
Starting From The $800s On 36', 40' & 45' Lots (Conservation lots available)
Delpark Homes is returning to North Oshawa with a stellar collection of 4-bedroom home designs ranging from 2,251 sq. ft. to 3,576 sq. ft. These magnificent, quality-crafted homes are loaded with exclusive features and finishes you’ll only find in a Delpark home. Your family will love living in this superb established neighbourhood close to great schools, shopping, parks, playgrounds and transit.
A Place To Call Home. CONLIN RD. E
33
GRANDVIEW ST. N
HARMONY RD. N
WILSON RD. N
THORNTON RD.
THICKSON RD.
BROCK ST. 412
TAUNTON RD. E
PRESENTATION CENTRE: 843 King Street West, Unit 10, Oshawa T. 416.342.1685 thebrook2sales@delparkhomes.ca
ROSSLAND RD. DUNDAS ST.
401
PRESENTATION CENTRE 843 King Street, Unit 10, Oshawa
KING ST. W
delparkhomes.ca
SITE LOCATION
Prices, specifications and information subject to change without notice. Renderings are artist concept. Map not to scale. E.&O.E.
OCT 28 - NOV 11, 2017 67
…continued from page 66
been carefully designed to preserve the individuality of each home. And while there is a streetscape synergy that offers a pleasing architectural ambiance, each of the 25 homes are unique and different. There are a variety of different home designs from which to choose. The Emerson line of homes has been designed for 36-ft. lots and offers models from 2,251 to 3,210 sq. ft. Each home has a two-car garage, covered portico with double door entry and charming all-brick or brick and stone facades. Inside a flowing main floor layout maximizes space and achieves outstanding transition from the formal to the casual areas of the homes. Designed for 40-ft. lots, The Mill collection of homes feature between 2,465 to 3,576 sq. ft. There are five different models from which to choose. All are brick and stone designs with soaring ceilings and truly inspired layouts designed for real family living. These homes offer chef-style kitchens with beautiful family rooms and lots of space for active families.
The 45-ft. lots offer two Stafford models from 2,752 to 3,046 sq. ft. These exquisite homes are chock full of magnificent features that make living here a beautiful and convenient experience. Punctuated with oversized gourmet kitchens, outstanding master retreats, spacious bedrooms and beautifully appointed bathrooms, these homes truly exist in a class all their own. No detail has been left out in the design of all of the homes at The Brook Phase 2. Delpark
Homes has imprinted its unique and memorable signature on each of the homes offered. They are singularly beautifully and together they comprise a community of just 25 exclusive homes that anyone would be proud to own. Homes at The Brook Phase 2 start from the upper $800’s. The presentation centre is located at 843 King St., Unit 10, Oshawa. Call 416.342.1685 or visit delparkhomes.ca for more information.
+
LOCATION Oshawa DEVELOPER Delpark Homes DEVELOPMENT The Brook HOME TYPE Detached homes on 36-, 40- and 45-ft. lots
SALES CENTRE 843 King St., Unit 10 CONTACT 416.342.1685 delparkhomes.ca
68 NextHome.ca NextHome.ca | GTA
ADVICE | LEGALLY SPEAKING
SCRATCHING THE NO PETS POLICY
EXCEPTIONS TO THE RULE
JAYSON SCHWARZ
The emotional aspects of buying a condominium are often as important as the legal ones, and the two are inexorably intertwined. This comes up due to a question posed to me recently. Why can the condominium corporation stipulate no pets when you own your condominium? The answer is simple. If the declaration and by-laws specify “no pets,” you can’t have any. This is because the Condominium Act allows a corporation to make rules to promote the safety, security and welfare of unit owners, and prevent unreasonable interference in the common elements. For example, in January 1997, the case of Peel Condominium Corporation No. 499 and Amy Elizabeth Frances Hogg was heard and decided in the Ontario Courts of Justice. She wanted to keep her dog Jazz in her highrise condo, even though the declaration stated no pets were allowed. Hogg had a lawyer when she purchased the condo, had a disclosure statement, knew about the rule, but saw that others were breaking it. The judge found she had to obey the rules. An argument in equity or fairness was tried, and the judge referred to eight considerations. The chances of qualifying on all eight considerations were very unlikely, and Amy had to give up Jazz. 72 NextHome.ca NextHome.ca | GTA
Sometimes condominium rules may be struck down by the court. There have been a few decisions that ruled in favour of condo owners with a provable handicap who demonstrated they needed the pet to assist with said handicap, like a seeing-eye dog. Human Rights considerations can override condominium bylaws and rules. In YCC No. 26 v Ramadani, the courts confirmed it would review the board’s conduct to ensure their discretion has been used properly. In June, 2003 Justice Flynn made a decision in Waterloo North Condominium Corp. No. 186 v. Weidner, where he upheld the integrity of the Declaration and its “reasonableness”. He found that in this case, unless the owner was dependent on the dog or needed the dog in order to live in the unit, the Human Rights Code would not assist. He said a total ban on pets is not unreasonable. However, in 2005, in the Waddington decision, the landlord sought an order for the removal of Waddington’s two cats. The condominium’s rules provided that, “no pet should be permitted in the building.” The court decided that a blanket rule banning all pets was not enforceable as it was not reasonable. Another way to keep your pets may be through equitable reasons. In Staib v Metropolitan Toronto Condominium Corp., a provision in the declaration absolutely prohibiting any pets was held by the trial judge to be unenforceable
for equitable reasons. The court found that the condominium corporation failed to enforce the no-pet policy for 10 years, despite having knowledge of the cat’s presence. The judge refused to enforce the declaration due to the length of time the cat was allowed to remain, the tenants’ attachment to the cat and the age of the cat. THE MORAL OF THE STORY
Know that owning a condominium is different than owning a freehold home. You must be prepared to be part of the community and recognize that the rules are in effect to respect all residents, and you should expect no exceptions. Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.
+MORE ADVICE ONLINE nexthome.ca/news/advice
Your nexthome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.
HOT PROPERTIES
FIND YOUR NEXT HOME The latest properties in the Toronto area to keep your eye on
9. GLENWAY
18. THEORY CONDOMINIUMS
GTA PREVIEW REGISTRATION
By: Andrin Homes & Lakview Homes City: Newmarket Housing type: Townhomes and detached bungalows glenwayliving.com
By: Parallax Development Corporation City: Toronto Housing type: Condominium suites theorycondos.com
1. ALLEGRO
10. HILLSBOROUGH
By: Geranium Homes City: Aurora Housing type: 52- and 61-ft. cul-de-sac homes from more than $2 million allegroaurora.com
2. BIANCA By: Tridel City: Toronto Housing type: Luxury condominiums Tridel.com
3. BOXGROVE VILLAGE By: Arista Homes City: Markham Housing type: Family sized freehold townhomes and live/work towns boxgrovevillage.com
4. CITYLUX TOWNS By: Fieldgate Homes City: Thornhill Housing type: Urban townhomes in Thornhill Woods fieldgatehomes.com
5. COBBLESTONES SOUTH By: Fieldgate Homes City: Brampton Housing type: 36-ft. singles up to 3,481 sq. ft. fieldgatehomes.com
6. CONCORD CANADA HOUSE By: Concord Adex City: Toronto Housing type: Condominium suites ConcordCanadaHouse.ca
7. CYPRESS By: Pinnacle International City: Etobicoke Housing type: Condominium suites PinnacleEtobicoke.ca
8. DOWNSVIEW PARK By: Stafford Homes City: Toronto Housing type: Townhomes staffordhomes.ca
74 NextHome.ca NextHome.ca | GTA
By: Great Gulf & Andrin Homes City: Holland Landing Housing type: Detached homes andrinhomes.com • greatgulf.com
11. KINGSWAY BY THE RIVER By: Urban Capital City: Toronto Housing type: Condo lofts kingswaybytheriver.ca
12. LOGGIAS IN RICHDALE By: Senator Homes City: Richmond Hill Housing type: Luxury detached homes senatorhomes.com
13. M CITY CONDOS By: Rogers Real Estate Development & Urban Capital City: Mississauga Housing type: Condominium suites mcitycondos.com
14. MISSISSAUGA SQUARE By: Plaza City: Mississauga Housing type: Condominium suites pureplaza.com
15. QUEEN’S COMMON By: Mattamy Homes City: Whitby Housing type: Detached and townhomes mattamyhomes.com
16. SUMMIT CITY CENTRE By: Summitview Homes City: Mississauga Housing type: Two-storey urban towns summitviewhomes.com
17. SUPERSONIC By: Lindvest City: North York Housing type: Condominium suites lindvest.com/supersonic
19. TIME AND SPACE By: Pemberton Group City: Toronto Housing type: Condominium suites PembertonGroup.com
20. UPPER VALLEYLANDS By: Fieldgate Homes City: Brampton Housing type: Singles, semis and towns fieldgatehomes.com
21. VICTORY HEIGHTS By: Treasure Hill Homes City: Vaughan Housing type: 40- and 42-ft. luxury singles treasurehill.com
22. WESLEY TOWER By: The Daniels Corporation City: Mississauga Housing type: Condominium suites DanielsCityCentre.com
23. WHITBY MEADOWS By: Fieldgate Homes City: Whitby Housing type: Towns and singles fieldgatehomes.com
24. VITA ON THE LAKE, VITA TWO By: Mattamy Homes & Biddington Homes City: Etobicoke Housing type: Condominiums mattamyhomes.com
NEW OPENINGS 25. AQUABELLA By: Tridel & Hines City: Toronto Housing type: Condominium suites from 1,767 to over 4,000 sq. ft. Tridel.com
26. CHELSEA MAPLE STATION
36. PACE ON MAIN
By: Aspen Ridge Homes City: Vaughan Housing type: Townhomes aspenridgehomes.com
By: Geranium City: Stouffville Housing type: Condo towns paceonmain.com
MAPS
27. CONDOMINIUMS OF CORNELL
37. QUEENSWAY PARK
By: Mattamy Homes City: Markham Housing type: Condominium suites from 725 to 1,302 sq. ft. mattamyhomes.com
By: Urban Capital & Rosewater City: Etobicoke Housing type: Condominium suites queenswayparkcondos.ca
Locate properties using the map on the following page
28. CORNELL ROUGE
By: Fieldgate Homes City: Richmond Hill Housing type: Towns and singles fieldgatehomes.com
By: Madison Group and Forest Hill Homes City: Markham Housing type: Freehold towns and singlefamily homes cornellrouge.com
29. FOXBAR COLLECTION AT BLUE DIAMOND By: Camrost Felcorp City: Toronto Housing type: Two- and three-bedroom luxury suites and townhomes thefoxbar.ca
30. IMPRESSIONS By: Fieldgate Homes City: The Village of Kleinburg Housing type: Towns, semis and singles fieldgatehomes.com
31. KLEINBURG SUMMIT By: Mattamy Homes City: Vaughan Housing type: Detached and townhomes mattamyhomes.com
32. MADISON LANE By: Reid’s Heritage Homes City: Bowmanville Housing type: Luxury condos madisonlanecondos.com
33. NEIGHBOURHOODS OF MOUNT PLEASANT By: Rosehaven Homes City: Brampton Housing type: Freehold townhomes rosehavenhomes.com
34. NEWTOWNS AT MOUNT PLEASANT By: Primont Homes City: Brampton Housing type: Townhomes primonthomes.com
35. ORCHARD WEST By: Treasure Hill City: Bowmanville Housing type: 37-, 40- and 45-ft. singles treasurehill.com
+
38. RICHLANDS
39. TIME By: Treasure Hill Homes City: Aurora Housing type: Urban townhomes treasurehill.com
40. THE MET By: Plaza City: Vaughan Housing type: Townhomes pureplaza.com
41. TOWNS AT ROUGE VALLEY By: Tribute Communities City: Scarborough Housing type: Urban townhomes mytribute.ca
42. VALLEYLANDS By: Fieldgate Homes City: Brampton Housing type: Single-detached fieldgatehomes.com
43. VISTA By: Geranium Homes City: Stouffville Housing type: Condominium one-storey flats and two-storey towns vistaflatsandtowns.com
44. FRENCHMAN’S BAY By: Madison Group City: Pickering Housing type: Townhomes and singles madisongroup.ca
45. NOBU RESIDENCES By: Madison Group City: Toronto Housing type: Condominium suites noburesidences.ca
46. FOREST GATE By: Kaneff City: Mississauga Housing type: Luxury town manors across from Lionhead Golf Club kaneff.com
OTHERS (NOT FEATURED ON MAP) ALCONA SHORES By: Bayview-Wellington Homes City: Innisfil Housing type: Luxury singles on 32-, 45- and 48-ft. lots myalcona.com
GEORGIAN SANDS By: Elm developments City: Wasaga Beach Housing type: Towns and singles georgiansands.com
RADIANCE By: DIAM Developments City: Innisfil Housing type: Townhomes radianceinnisfil.ca
VILLAGES OF KILLARNEY BEACH By: Ballymore Homes City: Innisfil Housing type: Detached homes ballymorehomes.com
WHITE PINES By: Mattamy Homes City: Bracebridge Housing type: Detached homes mattamyhomes.com
YOUNG’S COVE By: Briarwood Homes City: Carrying Place Housing type: Detached homes youngscove.ca
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO WAYNE.KARL@NEXTHOME.CA
OCT 28 - NOV 11, 2017 75
HOT PROPERTIES / GREATER TORONTO AREA
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TRENDING
SAVING FOR A DOWN PAYMENT? HERE’S WHAT YOU NEED TO SACRIFICE
Prospective homebuyers will often have to make some lifestyle changes in order to save enough funds for a down payment. But, how much do you really need to sacrifice? Ratehub.ca, a financial product comparison website, conducted a study to see how everyday luxuries impact Millennials’ savings. The methodology: The average cost of a home in Canada was $472,247 in August 2017, according to the Canadian Real Estate Association (CREA). Mortgage Broker CanWise Financial found that Canadian homebuyers put down an average down payment of 10 per cent. Using these figures, ratehub.ca calculated that Canadian homebuyers will need to save $47,225 for a down payment. So, what do you have to give up? Millennials love the finer things in life, but the costs of these luxuries add up. For example, a specialty beverage at Starbucks costs an average of $4; takeout meals cost approximately $15; Every Uber ride you take will amount to about $16.40; brunch costs approximately $25; and nights out will set you back $65. Here is how long it would take you to save for a down payment if you were to redirect the funds you would normally spend on these luxuries.
STARBUCKS Price:
$4
Times per week:
3
11,806 Time to reach goal: 76 years # of drinks to sacrifice:
78 NextHome.ca NextHome.ca | GTA
TAKEOUT Price:
$15
Times per week:
3
3,148 Time to reach goal: 20 years # of takeout meals to sacrifice:
BRUNCH Price:
$25
Times per week:
1
1,889 Time to reach goal: 36 years # of brunches to sacrifice:
UBER $16.40 Times per week: 3 Price:
2,880 Time to reach goal: 18 years # of Uber rides to sacrifice:
NIGHT OUT Price:
$65
Times per week:
2
727 Time to reach goal: 7 years # of nights out to sacrifice:
SWO
SOUTHWESTERN ONTARIO
IN THIS SECTION
SHOWCASING NEW PROJECTS IN SWO
NEIGHBOURHOOD TOUR: RED HILL
MAPS & LISTINGS OF NEW COMMUNITIES
80 NextHome.ca NextHome.ca | GTA
branthaven.com
COMING soon TO east Hamilton
EXPLORE / STYLE / DESIGN / VALUE / FEATURES / SELECTION / QUALITY TOWNS AND SEMI’S FROM THE upper $400’S
REGISTER NOW FOR VIP ACCESS TO EXPLORE
EXPLOREtowns.com PRICES, SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.& O.E.
OCT 28 - NOV 11, 2017 81
PROPERTY PROFILE
A LIFE A WELL-LIVED BALLANTRY HOMES AND BRANTHAVEN HOMES OFFER AN ADVENTUROUS LIFESTYLE AT EXPLORE Ballantry Homes and Branthaven Homes are releasing an all-new, amenity-rich community nestled at the base of the Hamilton Mountain, opening for VIP pre-release sales this month. New-home buyers looking for a higher standard of living in Hamilton’s surging real estate market will enjoy a naturally better neighbourhood for every stage of life. Located directly beside the Sir Wilfrid Laurier Recreation Centre, just off the King Street exit of the Red Hill Valley Parkway, this new home community is unlike 82 NextHome.ca NextHome.ca | SWO
any other, offering pathways to everything an active family is looking for. The plentiful natural attributes of the community are perfect for homebuyers looking to “discover living” within steps of their front door. From the existing Red Hill Valley Trails with links to the Bruce Trail and Conservation Lands, to breathtaking scenic vistas, renowned waterfalls, nearby golf courses and large-scale destination sports complexes, this community truly has something for everyone. “The Explore community is
perfect for anyone aspiring to live a quality, outdoor active lifestyle in a highly sought-after, but still affordable location,” says Mark Lawrence, sales and marketing manager for Ballantry Homes. “Explore is unlike any other new home community in the region. It offers attainable new home living in an established community designed around a rare escarpment setting.” So, if it’s exceptional affordability you are looking for, both Ballantry Homes and Branthaven Homes offer a range of townhome and
semi-detached options to suit your lifestyle and budget; Explore has plenty to choose from. Branthaven Homes offers an award-winning lineup of new home designs, with classiccontemporary style on the outside and plenty of upgraded features at no extra cost on the inside – a Branthaven home is a perennial favourite across the Hamilton and Stoney Creek regions. “With prices starting from the upper $400’s, these are a great choice for first time and move-up buyers alike,” says Kristen Bellamy, marketing
manager at Branthaven. “We are seeing a lot of people moving west from the GTA to communities like Explore for its extraordinary value.” At Ballantry Homes, an all-new collection of homes has plenty of naturally-better benefits too. “We are finding many single and newly married young professionals are attracted to and investing in Hamilton. These well-designed homes are an attractive and affordable way to get into the housing market,” adds Lawrence. Branthaven and Ballantry agree that the pre-registrants
for Explore share the same excitement and anticipation for many built-in community features. “They value the convenient location off the Red Hill Valley Parkway and ‘Linc’ Expressway, and the abundance of surrounding trails, parks, schools and shopping are a real bonus,” adds Bellamy. Visit exploretowns.com to pre-register for your exclusive pre-sale opportunities and limited-time offers from both Branthaven and Ballantry.
+
LOCATION Hamilton DEVELOPER Ballantry Homes and Branthaven Homes DEVELOPMENT Explore HOME TYPE Townhomes CONTACT exploretowns.com
OCT 28 - NOV 11, 2017 83
ENJOY THE NIAGARA LIFESTYLE
the
TOWNHOMES FOR THOUSANDS LESS THAN IN THE GTA!
DINING ROOM 10'0" X 11'4"
OPT. GAS FIREPLACE
8’ SLIDING DOOR
GREAT ROOM 16'10" X 12'8" OPT. CATHEDRAL CEILING
DON’T MISS OUT — FIRST RELEASE INCLUDES A LIMITED OFFERING OF JUST 24 BUNGALOW TOWNHOMES
BREAKFAST BAR DW
BEDROOM 2 10'0" X 10'0"
S
HYDRO METER
F
D
ONE PIECE TUB W/SHOWER
W LAUND.
BATH
FOYER
673 sq. ft.
RAILING
DN
HALF WALL
OPT. DOOR WHERE GRADE PERMITS
HALF WALL W/GLASS
ENSUITE
AT NO EXTRA CHARGE
DRESSING
8’ SLIDING DOOR
Quality features include: Open concept designs • Great rooms with optional fireplaces • Gourmet kitchens with island/breakfast bar • Soaring 9 foot main floor ceilings • Handy main floor laundry • Direct access garage • 3-piece basement rough-in • And more!
GARAGE 13'0" X 19'0"
DINING ROOM 10'0" X 11'4"
FINISHED BASEMENT AREA
GREAT ROOM 16'10" X 12'8"
OPT. CATHEDRAL CEILING
MASTER BEDROOM 14'0" X 13'0"
BREAKFAST BAR DW
BEDROOM 2 10'0" X 10'0"
CATHEDRAL CEILING
KITCHEN 16'6" X 8'0"
S
HYDRO METER
OPT. 3 PC. R/I UNFINISHED MECHANICAL
HWT.
HRV. COVERED PORCH
OPT. SHARED FOYER
ONE PIECE TUB W/SHOWER
LAUND. BATH
FOYER RAILING
DN UP
BTH-4 ‘B’ Ext. End Unit
F
D W
FURN.
GROUND FLOOR B
HALF WALL
UNEXC.
OPT. DOOR WHERE GRADE PERMITS
HALF WALL W/GLASS
1,871 SQ. FT.
(Including 673 sq. ft. Finished Basement Area)
DRESSING
BUNGALOW TOWNHOMES 1651 -1871 SQ. FT. ENSUITE
UNEXCAVATED
GARAGE 13'0" X 19'0"
UNFINISHED BASEMENT AREA
MASTER BEDROOM 14'0" X 13'0" CATHEDRAL CEILING
Bunting Rd.
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2-STOREY TOWNHOMES COMING SOON!
Bunting Rd.
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BASEMENT B
84 NextHome.ca NextHome.ca | GTA
OPT. GAS FIREPLACE
COVERED PORCH
OPT. SHARED FOYER
Located just steps from shopping, dining, entertainment and more, this intimate collection of bungalow and two storey Bonus executive townhomes takes full advantage of an unbeatable Includes Up To St. Catharines’ address. Located just minutes to the Q.E.W. you’re 1/2 hour to the U.S. and under an hour to the GTA! FINISHED BASEMENT SPACE
KITCHEN 16'6" X 8'0"
Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
905-682-4441 | ENCLAVENIAGARA.COM 583 Welland Avenue St. Catharines
Coming Fall 2017
An Exclusive Release of Thirty-Five Single Family Homes in Beamsville. Become a VIP – Register Now!
LosaniHomes.com
Pricing and specification subject to change. E.&O.E.
TRENDING
SOUTHWESTERN ONTARIO HOME PRICES SEE Q3 INCREASE
The market is looking brighter for some sectors in the Southwestern Ontario housing market, according to the latest Royal LePage House Price Survey. The aggregate price of a home in the Kitchener-WaterlooCambridge region rose 28 per cent year-over-year to $483,133 in the third quarter of 2017, while the aggregate price of a home in Hamilton also saw significant double-digit growth, increasing by 27.9 per cent year-over-year to $548,521. When broken out by housing type, in the KitchenerWaterloo-Cambridge region, the median price of a standard two-storey home increased 28.4 per cent year-over-year to $511,674 in the third quarter, while the median price of a bungalow climbed 28.9 per cent year-over-year to $443,726. During the same period, the median price of a condominium rose 15.4 per cent to $286,356 when compared to the same time last year. In Hamilton, the median price of a standard two-storey home increased by 30 per cent year-over-year to $582,639. Over the same period, the median price of a bungalow rose by 24 per cent year-over-year to $487,268 while condominiums rose four per cent to $317,999. “It is still a sellers’ market in Kitchener, Waterloo and Cambridge,” says Keith Church, broker of record, KITCHENER/WATERLOO/CAMBRIDGE Home type % increase Median price Two-Storey 28.4 % $511.674 Bungalow 28.9% $443,726 Condominium 15.4% $286,356 HAMILTON Home type Two-Storey Bungalow Condominium
% increase 30% 24.0% 4.0%
Median price $582,639 $487,268 $317,999
NATIONAL Home type Two-Storey Bungalow Condominium
% increase 13.9% 9.5% 15.2%
Median price $748,049 $525,781 $413,670
Source: Royal LePage Real Estate Services 88 NextHome.ca NextHome.ca | SWO
Royal LePage Grand Valley Realty. “However, towards the end of this quarter, we did see inventory levels improve, shifting the region to a more balanced market.” In Hamilton, Joe Ferrante, broker of record, Royal LePage State Realty says, “We are still seeing multiple offers and the average days on market hasn’t changed much from last year.” Ferrante noted that although he expects increased inventory will result in more sales during the remainder of the year, homes are expected to maintain current price levels. Across the country, the Royal LePage National House Price Composite, compiled from proprietary property data in 53 of Canada’s largest real estate markets, showed that nationally, the price of a home increased 13.3 per cent year-over-year to $628,411 in the third quarter. When broken down by housing type, the median price of a standard twostorey home rose 13.9 per cent year-over-year to $748,049, and the median price of a bungalow grew 9.5 per cent to $525,781. During the same period, the median price of a condominium rose 15.2 per cent to $413,670. Meanwhile, on a quarter-over-quarter basis, home prices in Canada’s five most populated housing markets are rising at a similar, healthy pace – the first time this has occurred in six years. “For now, the Toronto and Vancouver housing markets have returned to earth,” says Phil Soper, president and CEO, Royal LePage. “After a period of unsustainable price inflation and sharp market corrections, we are seeing low single-digit appreciation in each. Calgary has shaken off the oil-bust blues and Montreal appears to be at the beginning of a new era of economic prosperity. Rounding out the ‘big five,’ the Ottawa market is behaving like it usually does – a picture of healthy market growth.” “For the first time since 2011,” says Soper, “we are seeing real estate in all five of our largest cities appreciate at a manageable, healthy clip. Canadian housing is enjoying a Goldilocks moment – not too hot, and not too cold.”
PHASE II
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ST
SITE
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INE
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112 KING ST E, HAMILTON, ON L8N 1A8 905.645.0450 S A L E S C E N T R E H O U R S : M O N - T H U R S : 1 2 - 7 P M F R I : B Y A P P O I N T M E N T O N L Y, W E E K E N D S : 1 2 - 5 P M
royalconnaught.com
Prices, sizes and specifications are subject to change without notice. E.&O.E. Renderings are artist’s concept.
NEIGHBOURHOOD PROFILE
HAMILTON’S RED HILL A GREAT OPTION FOR FAMILIES HOT SPOTS
GLENCASTLE PARK Glen Castle Park is a neighbourhood playground and park with a view of the escarpment.
by CHRISTINE OTTONI Red Hill is a neighbourhood in Hamilton East and borders King Street East to the north, the Red Hill Valley Parkway to the west, Red Hill Creek to the east and Mount Albion Road to the south. Red Hill is made up largely of detached houses on generous lots, and is home to couples and young families. THE VIBE
Red Hill is a slow-paced, residential community. The neighbourhood is isolated from the hustle and bustle of downtown and residents have access to affordable, centrally located amenities. With parks, schools and lots of families, Red Hill gives residents the suburban experience just a 20-minute drive from downtown. PLANES, TRAINS & AUTOMOBILES
Red Hill is serviced by Hamilton transit buses. Residents also have access to the Red Hill Valley Parkway at Greenhill Avenue. The Parkway was built in 2007 and runs 90 NextHome.ca NextHome.ca | SWO
north-south for eight kilometres, connecting with the Queen Elizabeth Parkway and the Lincoln M. Alexander Parkway. DOLLARS & SENSE
Red Hill is an affordable option for homebuyers. With lots of detached options in the $300,000 range, Red Hill is a popular neighbourhood for young families and couples who are purchasing their first homes. Red Hill itself isn’t a high spending area, and residents will have to leave the neighbourhood for restaurants and major amenities.
GLENDALE GOLF AND COUNTRY CLUB The Glendale Golf & Country Club, located at the southern end of Red Hill, offers east Hamilton a sprawling golf course, dining and events space.
IN THE AREA
Red Hill is known for its affordable family housing and centrally located schools. It is bordered to the south-east by the Red Hill Creek and is known for its parks and green spaces. Many residents choose Red Hill for its proximity to downtown and suburban feel. As a largely residential community, residents won’t find many shopping amenities within walking distance, but have lots of options for leisurely walks and outdoor activities.
OUR DOG HOUSE Dog House is a local bar that is known for its welcoming ambiance, kind staff and great food.
+STREET CORNER
There’s very nice neighbourhood parks for the kids. We have a safe community here. Esther, teacher
PLANT YOUR ROOTS IN BEAUTIFUL WELLAND
NOW SELLING! BEAUTIFUL
FAMILY-INSPIRED TOWNHOMES AND SINGLES ON 40’, 45’, AND 50’ LOTS! YOU’LL FALL IN LOVE WITH THE IDYLLIC SMALL-TOWN SETTING, BIG-CITY AMENITIES AND EXCEPTIONAL LIVING IN WELLAND!
REGISTER NOW FOR
NEXT PHASE!
(905)714-0647 www.sparrowmeadows.ca WEBBER RD
S. PELHAM RD
TORONTO
SHOW HOME: 511 SILVERWOOD, WELLAND NIAGARA FALLS
EFFINGHAM ST
SILVERWOOD AVE GAISER RD
HOURS: Monday 12-5 p.m. Wednesday 12-5 p.m. Thursday 12-5 p.m. Saturday 12-5 p.m. Sunday 12-5 p.m. Tuesday & Friday by appointment Prices are subject to change without notice. E.&O.E.. Subject to availability. Starting prices exclude lot and construction premium.
EVENTS
6 FUN FALL GETAWAYS by MARISA BARATTA Whether you’re looking for a fun day trip or a weekend getaway, Ontario offers a multitude of spots for autumn leaf-gazing, historic adventures and guided ghost tours. Here are six fun getaways to plan this fall. BELOVED NIAGARA-ON-THE-LAKE
Located along the beautiful Niagara Escarpment, Niagara-on-the-Lake is one of the best vacation spots in Ontario thanks to its wineries, shops and charming downtown. Stay at one of the many beautiful B&Bs and picnic by the lake at Queen’s Royal Park, home to the iconic gazebo built for the set of Stephen King’s The Dead Zone. It’s easy to get in the Halloween mood via guided ghost tours of NOTL or nearby Fort George. HISTORIC HAMILTON
Hamilton is a one-stop shop for fall. And we mean waterfalls, too – the city is home to more than 90 waterfalls made even more spectacular against a backdrop of red, orange and yellow leaves. After exploring Hamilton’s many museums – don’t miss Dundurn Castle, a national historic site featuring an impressive 1830s home – take a ghost tour of downtown Hamilton, the Hermitage Ruins or the 120-yearold Scottish Rite. SERENE STRATFORD
Once in Stratford, centre your visit around the Avon River, bordered by trees displaying their changing colours. You can stroll along the path, rent a boat or bike, cruise along the river or picnic at Upper Queen’s Park. After a relaxing walk through the Shakespearean 92 NextHome.ca NextHome.ca | SWO
gardens or a visit to Justin Bieber’s favourite spots, check out the Stratford Perth Museum, located on seven sprawling acres off Huron Road. Should the fall air turn brisk, browse the many local shops, restaurants and cafes. CRAVING CULTURE IN THE WATERLOO REGION
There’s something about fall that makes us think of pioneer villages. Travel back in time to early Canada when you explore 35 historical buildings in Rockton’s Westfield Heritage Village. Whether you head over to Cambridge, Kitchener or Waterloo, you’ll find there are many conservation areas and parks perfect for autumn nature walks. OTTAWA, OUR NATION’S CAPITAL
In autumn, our greenspaces wear some of the most colourful clothes in their wardrobes, so come see some fantastic fall foliage at Ottawa’s many beautiful parks and gardens. The Ottawa River provides a picturesque starting point not far from Parliament Hill, where you can take a free tour of one of our country’s most iconic buildings.
Stop at the Byward Market for lunch and continue along the Rideau Canal. The whole family will love the Canadian Museum of Nature and the unique experience located a one-hour drive away at the Diefenbunker, Canada’s Cold War Museum. SO MUCH TO SEE AND DO IN KINGSTON
History, restaurants, a lakefront – Kingston’s got it all. Start downtown with a walk by the lake, a self-guided tour of City Hall and lunch at one of the many nearby restaurants. You can drive over to Fort Henry for a guided tour or take the trolley over to Bellevue House to visit the home of our first prime minister, Sir John A. Macdonald. Hop in the car for a quick visit to Canada’s Penitentiary Museum and book a tour to the Kingston Penitentiary across the street. Your evenings will be adventurous, too, with plenty of options for 1000 Islands cruises and guided ghost tours of downtown Kingston or Fort Henry. From YP.ca. More tips and city guides: yp.ca/tips
Now Open inWaterdown
WAT E R D O W N
TOWNS
SEMIS
FROM
FROM
$658,990*
$698,900*
SINGLES FROM
$888,900*
LIFE WITH A NEW VIEW BRANT ST.
MILL ST. DUNDAS ST. E. WATERDOWN RD.
HIGHWAY 6
PARKSIDE DR.
SITE
407
PRESENTATION CENTRE
403
QEW
PRESENTATION CENTRE LOCATED IN WATERDOWN
501 DUNDAS STREET EAST
BLOCK 210 • HIGHGROVE
PRESENTATION CENTRE HOURS: MONDAY - THURSDAY: 1PM - 8PM FRIDAY: CLOSED • SATURDAY, SUNDAY & HOLIDAYS: 11AM - 6PM
ASCOT 1 & 2 • ELEV. 1
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MOUNTAINVIEWHEIGHTS.CA
*Price and information correct at press time. Map not to scale. E. & O. E.
• CE LE BR ATING 25 YE AR S •
HOT PROPERTIES
FIND YOUR NEXT HOME The latest properties in Southwestern Ontario to keep your eye on
9. LIFE
SWO PREVIEW REGISTRATION 1. 140 CALEDONIA By: The Tricar Group City: Stratford Housing type: Four-storey boutique style condominiums tricar.com
2. AQUAZUL By: Homes by DeSantis City: Grimsby Housing type: Condominium suites aquazulcondo.ca
3. AVALON By: Empire Communities City: Caledonia Housing type: Townhomes and detached homes empireavalon.com
By: Losani Homes City: Lincoln Housing type: Single-detached homes losanihomes.com
11. ON THE RIDGE By: Rosehaven Homes & Homes by DeSantis Location: Stoney Creek Housing type: Freehold townhomes liveontheridge.ca
12. ONE TWENTY CONDOMINIUMS By: Mountainview Homes City: Fonthill Housing type: Condominiums mountainview.com
13. PASSAGES ON THE CANAL
By: Losani Homes City: Brantford Housing type: Towns and singles brantwest.com
By: Bayview-Wellington Homes City: Welland Housing type: Luxury freehold townhomes on the Canal mypassages.ca
5. CLAIR MEADOWS
14. SAPPHIRE
By: Gatto Homes City: Guelph Housing type: Towns and singles gattohomesinc.com
By: New Horizon City: Stoney Creek Housing type: Waterfront condominiums sapphirecondos.ca
By: New Horizon City: Brantford Housing type: Townhomes focustowns.ca
7. FOOTHILLS OF WINONA By: DiCenzo Homes City: Winona Housing type: Townhomes, semis and singles dicenzohomes.ca
8. GRANGE HILL POINT
94 NextHome.ca NextHome.ca | SWO
10. LINCOLN ESTATES
4. BRANT WEST
6. FOCUS TOWNS
TELEVISION CITY BY LAMB DEV. CORP.
By: Branthaven Homes City: Winona Housing type: Luxury townhomes branthaven.com
By: Reid’s Heritage Homes City: Guelph Housing type: 1- and 2-bedroom condos reidsheritagehomes.com
15. STEPPING STONES By: Phelps Homes City: Smithville Housing type: Two-storey townhomes phelpshomes.com
16. SUMMERLEA WOODS By: Empire Communities City: Binbrook Housing type: Townhomes and detached homes summerleawoods.com
17. TELEVISION CITY By: Lamb Development Corporation City: Hamilton Housing type: Condominium suites televisioncity.ca
18. THE GATSBY By: New Horizon City: Hamilton Housing type: Condominium suites gatsbycondos.ca
19. THE MCKENZIE By: Losani Homes City: Caledonia Housing type: Towns and singles mckenziecaledonia.ca
20. THE PENINSULA By: Losani Homes City: Paris Housing type: Towns, semis and singles parispeninsula.com
21. TREND LIVING By: New Horizon City: Waterdown Housing type: Modern condo suites trendliving.ca
22. TIFFANY HILL By: Rosehaven Homes & Chiaravalle Developments Location: Ancaster Housing type: Freehold towns, semis and detached homes tiffanyhill.ca
23. VICTORIA ON THE RIVER By: Stonecrest Homes City: London Housing type: Single-family homes stonecresthomes.ca
24. VISTA CONDOS By: VanKleef Development Group City: Hamilton Housing type: Condominium suites vistaoncharlton.ca
25. VISTA RIDGE By: Losani Homes City: Beamsville Housing type: Towns and singles myvistaridge.ca
26. WESTWOOD MEWS By: CountryGreen Homes City: Kitchener Housing type: Urban townhomes countrygreenhomes.com
27. WILDFLOWERS By: Mattamy Homes City: Kitchener Housing type: Townhomes and 30and 36-ft. detached homes. mattamyhomes.com
+
WILDFLOWERS
NEW OPENINGS 28. AFFINITY CONDOMINIUMS By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Condominium suites affinitycondo.com
MAPS Locate properties using the map on the following page
29. BALDWIN PLACE
34. HAVELOCK CORNERS
By: Tillsonburg Developments City: Tillsonburg Housing type: Detached freehold bungalows baldwinplace.ca
By: Senator Homes City: Woodstock Housing type: New release of 42and 50-ft. singles senatorhomes.com
30. CASTLE ROCK PLACE
35. STATIONWEST
By: Rembrandt Homes City: London Housing type: Condo townhomes rembrandt-homes.ca
By: Adi Developments Location: Burlington Housing type: Three-storey townhomes adidevelopments.com
31. CLAIRITY By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums reidsheritagehomes.com
32. ELEMENTS
36. THE ENCLAVES OF UPPER CANADA By: Menkes City: Georgetown Housing type: New release of sngle-detached homes on 40-ft. lots menkes.ca
By: Mountainview Homes City: St. Catharines Housing type: Luxury one- and two-bedroom luxury condos elementscondo.com
37. THE PRESERVE
33. FOX FIELD
38. THE WEST
By: Fusion Homes City: London Housing type: Single-family homes from $482,900 fusionhomes.com
By: Mattamy Homes City: Oakville Housing type: Townhomes mattamyhomes.com
By: Adi Developments Location: Burlington Housing type: Luxury boutique condos adidevelopments.com
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO WAYNE.KARL@NEXTHOME.CA
OCT 28 - NOV 11, 2017 95
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Schisler Rd
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OCTOBER 2017
THE LAST WORD
Q+A WITH MICHAEL KLASSEN, CO-OWNER, ELEVEN ELEVEN REALTY, TORONTO by WAYNE KARL have greatly appreciated over the last few years, which has enticed them to sell their single-family homes and use their equity to purchase more affordable homes in SWO and put the rest into their retirement funds. NH: What trends do you see
emerging in terms of geographic interest, product types and price points? ael Mich en s s Kla ner, w O Co even n El e v e El lty, Rea to n o r To NextHome: As a full-service real estate brokerage focusing on project management and preconstruction sales, how is business these days? Michael Klassen: Business is great. We’ve found the slowdown in the market to have more of an effect on our builder clients not releasing inventory, than an actual drop in buyer demand. However, things are already bouncing back. We have five new sites launching and there is a strong demand for all. NH: What are you seeing in market
conditions and trends? MK: Recent Brantford Regional
Real Estate Association numbers show that local home sales have set records in 2017, with a 4.4-per-cent increase from 2016. The average price of homes is up 100 NextHome.ca
eight per cent over last year for August, and for 2017 to date, up 22 per cent over 2016. However, the overall supply of homes is low. As for trends, many people near Toronto’s downtown core are moving to Southwestern Ontario to capitalize on more affordable home prices. When you can purchase a townhouse, semi or detached home with a real backyard for the price of a small condo downtown, a lot of young families and fist-time buyers are seeing real value in making that move. Newer subdivisions in the suburbs are beautifully built and buyers have access to local existing amenities such as parks, schools, planned and existing infrastructure and new retail – all of which are extremely attractive to young families. Many empty nesters are also making the move. Their homes
MK: There’s a huge demand for townhouses, semi-detached and detached homes. Investors are price-sensitive and they gravitate towards the townhouse, semi and smaller detached product. For the larger detached product, the GTA downsizer and young families are driving the market. Price points in SWO are still very attractive, so GTA investors are moving to those markets much faster than ever before. There’s still a lot of room for price appreciation in these markets compared to Toronto. NH: A lot of the projects you’re involved with are in Southwestern Ontario. Why SWO, and which areas are proving increasingly popular among new-home buyers? MK: The QEW makes commuting between the SWO cities easy, as they’re all off the highway and only about an hour drive from Toronto. Even better is the GO extension along the QEW. Brantford is becoming a hot spot for young buyers and families.
Its location along Hwy. 403 and a short distance from the 401 make commuting to Hamilton, Kitchener-Waterloo, London and the GTA very convenient. Brantford is also sought after for its post-secondary institutions such as Conestoga College, Nipissing University and Wilfrid Laurier University. The City is working with these educational institutions to implement infrastructural changes required for substantial expansion. Like Brantford, KitchenerWaterloo’s post-secondary institutions definitely have an impact on popularity. In addition to locals, many international students are looking for places to live close to campus, which is a draw for investors to purchase and rent out units. Furthermore, the continuously growing tech industry the KW region has led to a large amount of skilled workers in this field relocating to the area. NH: What is the biggest challenge
facing the business these days? For example, the approvals process and the lack of land availability are some of the issues impacting builders…
MK: These unethical agents don’t represent the majority of realtors. These practices are unethical and also illegal. Anyone who does this should have their license revoked. If you are a purchaser, remember to do your research and ask for references when possible. Never give cash – it is a red flag and a sign that this is not the realtor you should be working with. NH: Do developers you work with
have guidelines against such ways of doing business, or does Eleven Eleven itself?
MK: Outside of Toronto, lack of
available land is not an issue. And, luckily, the approval process is much faster than in Toronto. However, it’s still slow even in SWO. Once the land is finally serviced, it sells, as there is still high demand for lowrise product, but there is lack of control over how long it takes for approval. NH: The unsavoury practices of
some realtors – charging buyers exorbitant fees for preferential access to preconstruction condo units – has been in the news recently. What are your views on this issue?
MK: There are laws that govern registered real estate agents in Ontario. Cash transactions are not allowed, and if an agent receives any benefit from a transaction (for example, a referral from a mortgage broker), it has to be disclosed to all parties including the purchaser, seller and developer. At Eleven Eleven, we are 100 per cent transparent, as are the developers we conduct business with. We believe that all parties are entitled to know what is happening, to ensure that the rules are being followed.
All parties, including real estate developers, brokers and sales agents, are required to complete transaction and property reports to help prevent illegal and unethical practices. NH: How has the Ontario Fair
Housing Plan affected the market, and buyers’ dispositions? MK: Across SWO, both the resale and pre-construction markets have cooled as a result of an emotional reaction of purchasers who are fearful of recent measures such as the 15 per cent foreign buyers’ tax. However, the biggest concern is that the Ontario Fair Housing Plan measures do not actually address the real issues of housing unaffordability – slow approval processes and lack of housing inventory. Lack of product to sell, stemming from slow approval times, created a pent-up demand of buyers resulting in significant overall price appreciation. I am fairly confident the market will bounce back by spring 2018, and when this happens, people will question the Ontario Fair Housing Plan measures. OCT 28 - NOV 11, 2017 101
INDEX OF ADVERTISERS Andrin Homes - Corporate
44 & 45
Homes By Desantis - Myst
13
Ballymore Homes - Woodhaven
69
Lamb Development Corp. - Televison City
31
Bayview Wellington Homes - Alcona Shores
70
Lifetime Developments - Panda
23
Bayview Wellington Homes - Passages
86 & 87
Branthaven Homes - Corporate
80
Branthaven Homes - Explore
81
Briarwood Homes - Young’s Cove
71
Brookfield Homes - Woodhaven
Camrost - Felcorp - The Foxbar Collection at Blue Diamond
Losani Homes - Lincoln Estates
Madison Group - Cornell Rouge
Madison Group - Frenchman’s Bay
Mattamy Homes - Cornell
BC
69
104 & IBC
29
Cosmopolitan Homes - The Enclave
84
Insert
Pemberton Group - GO.2
8&9
Pemberton Group - Mills Square
8&9
Pinnacle International - Cypress
3
Plaza - Musee
7
IFC
1
Delpark Homes - The Brook Phase 2
67
Dunpar Homes - Trafalgar
49
Edilcan Development Corp. - Valhalla Town Square
47
Geranium Homes - Allegro
51
Graywood Developments - Peter & Adelaide
91
26 & 27
Concord Adex - Saisons
Cresford Development Corp. - YSL
Insert
30
Pemberton Group - Corporate
Cresford Development Corp. - Corporate
38 & 39
19
Mountainview Homes - Sparrow Meadows Concord Adex - Canada House Condos
65
Madison Group - Nobu Toronto
Menkes Developments Inc. - Corporate Concert Properties - The KIP 2
2 & 85
6
Remington Group - Gallery Square Condos
36
Rosehaven Homes - Corporate
41
Spallacci Group - Royal Connaught - Phase II
89
Starlane Home Corporation - Mountainview Heights
93
Great Gulf - Corporate
4&5
The Daniels Corporation - Wesley Tower
15
Great Gulf - Trafalgar Landing
4&5
Treasure Hill Homes - Trendi Towns in Markham
37
Tribute Communities - Corporate
53
Greenpark Homes - Mountainview Heights 102 NextHome.ca NextHome.ca | GTA
93
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Visit our website: OCT 28 - NOV 11, 2017 103
FINAL RELEASE OF LUXURY TOWN HOMES ALONG FOXBAR RD.
Presenting a limited collection of Luxury Town Homes at Avenue Rd. and St. Clair. These special 3-storey designs include private elevators, outdoor courtyards and the finest luxury finishes and appointments. This is a unique opportunity to enjoy the benefits of a stand alone residence, while relishing the security, conveniences, and hotel-inspired amenities of a carefree condo lifestyle.
From $2.95 Million B O O K YO U R P R I VATE P R EVI EW AP P O I NTM ENT TO DAY
416.323.1999 or thefoxbar.ca
Brokers Protected. Sales Representative: Kevin Crigger. Broker. Johnston & Daniel a division of Royal LePage Real Estate Services Ltd. Brokerage. Consultant: Barberry (DP) Inc. Prices and specifications are subject to change without notice. Illustrations are artist’s concept. E. & O.E.
SAVINGS UP TO $30,000 ON SELECT SUITES Own for as little as $1,503* per month
BALCONY
Living in this highly desirable community has never been so affordable.
HVAC
86 S.F.
BALCONY W/RETRACTABLE GLASS
• 1-Year Included Condo Fees MASTER BEDROOM
• 1 Bed + Den to 2 Bed + Den, ranging from 725 SQ.FT. to 1,212 SQ.FT.
SPACIOUS LIVING/ DINING AREA
LIVING/DINING 12'8"x12'8"
10'0"x11'8"
FLUSH BREAKFAST BAR
• Amenities include: Fitness Centre, Party Room & Roof Top Terrace with BBQ, Fully Retractable Solarium-Style Balcony Enclosures
DW
725 SQ. FT. 1 BEDROOM + DEN
Condos Starting
From $394,990
KITCHEN
8'11"x 8'10"
LINEN
HWT S
F
D OPT. DOOR
W
DEN
BATH
6'6"x6'10"
Brokers Protected. Sales Centre 3150 Bur Oak Avenue 905-888-8282
CANARY
A Mattamy home is a HOME YOU’LL VALUE for a lifetime • 2017 BILD Home Builder of the Year SALES CENTRE HOURS
Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm
MODEL SUITE HOURS
Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm *Based on 25% down payment, 3.65% 3-year fixed rate amortized over 25 years. All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.