JULY 8 – AUG 5, 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 O HR
register at pandacondos.com
INSIDE:
GRAND ENTRANCE: GIVE YOUR FOYER THE SPECIAL TREATMENT IT DESERVES
CHECK OUT OUR GREAT NEW LOOK!
July 8-Aug 5, 2017 | NextHome.ca 1
Welcome to Vista Ridge! This master-planned community is located on the beautiful Beamsville Bench, a few minutes’ drive to Beamsville’s town centre. The community will consist of four distinct neighbourhoods with a community park. The first neighbourhood with singles & townhomes opens summer 2017!
TOWNS & SINGLES from the $400’s
ONTARIO
REGISTER NOW MyVistaRidge.ca LN
HILLSIDE DR
ABERDEEN RD
SITE LAVE NDER
st
hixon st
MO UN TA IN
st
st CASSANDRA DR
kin g
4008 Mountain Street, Beamsville
COMING SOON.
T H E Q U E E N S WAY, R E G A L L Y R E D E F I N E D . Contemporary design and luxury comes to The Queensway in this signature collection of Modern Towns. Royal Q offers handsome brick-clad exteriors complemented with spacious light-filled interiors styled by celebrity designer Mike Niven. Private backyards and delightful rooftop terraces inspire alfresco living while a landscaped courtyard adds a regal dimension. Located close to the lake, steps to parklands, quality schools, shops and restaurants and with convenient access to highways and transit, this exciting new home will be your crowning achievement. RESIDENCES FROM UNDER $900s L I M I T E D E D I T I O N . R E G I S T E R T O D AY.
R O YA L Q T O W N S . C O M Prices and specifications are subject to change without notice. E.&.O.E.
NOW OPEN THE FINAL PHASE OF THE ICONIC RIVER CITY COMMUNITY
QUEEN ST E
RIVER ST
Harris Square is now available for sale. Don’t miss out on Saucier + Perrotte’s design masterpiece in the West Don Lands. Construction is starting this fall.
KING ST E
X
Sales Centre: 51 Trolley Cres, Toronto, ON Hours: Mon. to Thurs.: 12pm to 6pm, Sat. & Sun.: 12pm to 5pm N
harris-square.com • 416.862.0505 Rendering is artist concept only. Prices and specifications subject to change without notice. See sales representative for details. E. & O.E.
July 8-Aug 5, 2017 | NextHome.ca 7
Union Station
Pearson Airport
York University
Vaughan Mills
GO ANYWHERE FROM HERE When you choose to live at GO.2 your dynamic new community brings you close to major highways, premium shopping, dining, entertainment, and plenty of lush parkland. Being a part of a Pemberton master-planned condo community also means you’ll enjoy the benefi ts of thoughtful, spacious design. At GO.2 you’re living completely connected, directly adjacent to the Maple GO station ensures you can get almost anywhere, anytime, in nearly no time. When you’re here at GO.2, you really have arrived.
Presentation Centre
MAJOR MACKENZIE DR W
DUFFERIN ST
pembertongroup.com
EAGLE ROCK WAY
MCNAUGHTON RD E
905.553.1430
KEELE ST
1860 Major Mackenzie Dr., Unit 7 & 8
MCNAUGHTON RD
Exclusive Listing Brokerage, Royal LePage - Your Community Realty. Brokers Protected. Illustration is artist concept E.&O.E.
a vibrant address meets an extraordinary opportunity
coming soon Urban condominiums in the heart of Richmond Hill. Steps to GO Transit, VIVA, YRT, parks, schools, theatres and shopping. Great location, designer suites and outstanding amenities. Condos at Yonge & Highway 7. Register today at pembertongroup.com Exclusive Listing Brokerage, Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E.&O.E.
JULY 8 – AUG 5, 2017 | VOLUME 25 ISSUE 14
CONTENTS
21
ON THE COVER:
PandaCondos LIFETIME DEVELOPMENTS, ARCHITECTSALLIANCE AND CECCONI SIMONE CREATING A LEGEND AT YONGE AND DUNDAS 10 NextHome.ca | July 8-Aug 5, 2017
specialfeature:
where&what TO BUY IN THE GREATER GOLDEN HORSESHOE
PROPERTY PROFILES
26 Fieldgate Homes Find your dream home in the GTA’s best locations this summer!
72
NEXTHOME EXCLUSIVE
Corporation
Creating jobs as well as communities BY BRYAN TUCKEY
42 Mattamy Homes
PAGE 100: Q&A
with Jennifer Keesmaat, City of Toronto Chief Planner
CASA II in BloorYorkville is the pinnacle of Cresford style
How upgrades and options can pay off BY BARBARA LAWLOR
33 Mortgage
Group
16 Greater Golden
Advice
PAGE 58: RISKS & REWARDS of buying pre-construction
Where are we growing?
BY ALYSSA FURTADO
34 Fundamentally Speaking
BY WAYNE KARL
18 Real Estate
56 Tarion Report
Round-Up
Homebuyers hunger for information
News and events from across GTA
BY HOWARD BOGACH
38 Recreational
Canadians getting creative to finance recreation property
Four tricks to boost your down payment
Water – the next best thing
Horseshoe
Property Report
2017 new condo sales could set all-time high, again!
32 Condo Pro
88 Adi Development
TRENDING
28 Stat Chat
BY BEN MYERS
Developments
Your last opportunity to own at Adi’s Station West in Burlington
News and events from across Southwestern Ontario
24 BILD Report
New residential opportunities coming to Mississauga City Centre
52 Cresford
Round-Up
ADVICE
36 The Daniels
New release at Queen’s Common
82 Real Estate
PAGE 46: FAIR OR FOUL?
Making sense of Ontario’s housing plan
66 Insider Insight Questions to ask about buying new BY DEBBIE COSIC
68 Money Matters
Owning or renting: Which is right for you? BY GAIL VAZ-OXLADE
70 Legally Speaking
Rights and responsibilities of a condo dweller BY JAYSON SCHWARZ
80 HHHBA Report
Reno projects: Do it right, get it in writing! BY SUZANNE MAMMEL
86 News & Views
The sunny side of the suburbs BY LYDIA MCNUTT
INSPIRATION
62 Design Secrets
Make a grand entrance BY JANE LOCKHART
94 Inspiration Lazy days of summer
IN EVERY ISSUE
12 Editor’s Note 14 Contributors 78 Hot Properties 416
98 Hot Properties SWO
102 Advertiser Index 103 What’s Online
NEIGHBOURHOOD PROFILES:
20 Yonge + 92 Downtown Dundas Burlington
94
NEXTHOME
EDITORS’ NOTE OPENING UP TO THE POSSIBILITIES
LYDIA MCNUTT SENIOR EDITOR EMAIL: Lydia.McNutt@ypnexthome.ca TWITTER: @LydiasTweets
WAYNE KARL MANAGING EDITOR EMAIL: Wayne.Karl@ypnexthome.ca TWITTER: @WayneKarl
+ get social 12 NextHome.ca | July 8-Aug 5, 2017
WHEN WE FIRST SET OUT to plan NextHome – a rethink of the former New Condo Guide GTA, New Home Guide GTA and New Home & Condo Guide Southwestern Ontario – our team jumped at the opportunity. Change is part of business, part of life, and increasingly part of the homebuying process. Indeed, the home hunt has evolved thanks to land use policy, housing supply, double-digit price growth and other factors. Buyers are expanding their search area as well as the type of property, in order to get the lifestyle they want at a price they can afford. Here’s where we step in. With more than 25 years in the real estate business, we’re still your source for all things “home.” What’s changed?
• We have a new name; • Our new area of coverage spans from Niagara to Oshawa, and all points in between; • Everything you want to know about lowrise, highrise and other housing types; • We have a fresh new look, with articles designed to inform, educate and entertain you. Changes aside, our goal is still to give you the right tools to navigate the homebuying landscape. In this first issue, we sat down with Jennifer Keesmaat, chief planner for the City of Toronto, to talk “Growing Up Vertical.” Flip to page 100 for the exclusive scoop on this hot topic. You’ll also want to check out our top picks of where and what to buy in the Greater Golden Horseshoe, on page 72. There’s lots more to take in, so sit back, relax and enjoy. You’re just getting started.
Interact with us on social media: nexthome
July 8-Aug 5, 2017 | NextHome.ca 13
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
HHHBA REPORT | SUZANNE MAMMEL
Suzanne Mammel is Executive Officer of the HamiltonHalton Home Builders’ Association, the voice of the local construction industry for more than 70 years, with more than 230 members in all facets of new home construction.
Wayne Karl SENIOR EDITOR
Lydia McNutt ART DIRECTOR
Daiana Garay CONTRIBUTING EDITORS
Sonia Bell Elisa Krovblit
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.
CONTRIBUTING ART DIRECTORS
Megan Pike Tammy Leung SENIOR ACCOUNT EXECUTIVE
Nina Downs nina.downs@ypnexthome.ca SALES & MARKETING CO-ORDINATOR
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.
Terry Basset SENIOR MANAGER, DISTRIBUTION
Dwayne Rutherford NATIONAL CIRCULATION MANAGER
John Jenkins PRODUCTION MANAGER
Anthony Majetic
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.
PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNERS
Miguel Cea Sandra Hanak-Vujnovic Published by
A brand of Yellow Pages Homes Ltd.
DESIGNER SECRETS | JANE LOCKHART
Jane lockhart is Founder and Principal Designer of Jane Lockhart Interior Design in Toronto. She can be reached at 416.762.2493 or visit janelockhart.com.
TARION REPORT | HOWARD BOGACH
Howard Bogach is President and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion.com or find us on Facebook at facebook.com/TarionWarrantyCorp.
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.
14 NextHome.ca | July 8-Aug 5, 2017
#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., Toronto, Ont. 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 lydia.mcnutt@ypnexthome.ca
Coming this Fall, we invite you to Make Your Way Home by heading EAST to DuEast Condominiums.
REGISTER TODAY
416.955.0559 D U E A S T T O . C A Join the
Exclusive, early access to suites, floors & views
As the sun rises in the east, so does a brand new condominium in one of Toronto’s most desirable and fastest growing neighbourhoods. Situated at the corner of Sumach and Dundas Streets, in the heart of the award-winning Regent Park revitalization, this new, landmark residence will feature studio to three bedroom suite designs, outstanding resident amenities and a location that’s surrounded by a 6-acre park, aquatic centre, 2.8-acre athletic grounds, schools, shopping, dining, and easy transit options. Don’t wait. Head DuEast today!
Suites from the high
$200s
Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Illustration of DuEast Condominiums, along with the surrounding buildings and landscape, are artist’s concept, subject to change without notice, and may not be representative of the final product. Please speak to a Sales Representative regarding future developments. Pricing and specifications are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. E. & O. E.
TRENDING
WHERE ARE WE GROWING IN THE GREATER GOLDEN HORSESHOE?
PETERBOROUGH ORILLIA
SIMCOE
4% KAWARTHA LAKES
CITY OF PETERBOROUGH
CITY OF BARRIE 3% DURHAM DUFFERIN
YORK
NORTHUMBERLAND
12%
20%
WELLINGTON 2%
PEEL CITY OF GUELPH
16%
2%
TORONTO 13%
HALTON
WATERLOO
11%
7%
OTHER
4%
The Greater Golden Horseshoe (GGH) is expected to witness incredible growth over the next dozen years. But where are people most likely to live and work? This map outlines the forecasted population growth in each municipality in the GGH between 2001 to 2031. Source: Neptis Foundation
4% HAMILTON CITY OF BRANTFORD
NIAGARA
2%
TOTAL POPULATION GROWTH: 3,710,000
TOTAL EMPLOYMENT GROWTH: 1,750,000
HALDIMAND
+
GGH FAST FACTS 16 NextHome.ca | July 8-Aug 5, 2017
STRETCHES FROM NIAGARA TO
NORTHUMBERLAND
COUNTY
GGH IS HOME TO TWO-THIRDS OF THE POPULATION OF ONTARIO
POPULATION IS FORECAST TO GROW TO 11.5 MILLION BY 2031 GGH IS HOME TO NEARLY ONE-THIRD OF THE POPULATION OF CANADA
Time and Space / Toronto
We call it Pemberton. Mills Square / Mississauga
Time and Space / Toronto
GO.2 Condominiums / Maple
YongeParc2 / Richmond Hill
The Urban Townhome Collection / Toronto
Illustrations are artist’s concept. E. & O. E.
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 time. That’s the Pemberton difference.
Learn more at pembertongroup.com
You call it a poolside retreat.
it’s time. Condominiums at Front and Sherbourne.
Sales Centre Now Open 183 Front St E, Toronto Sales Centre Hours: Monday – Thursday: 12pm – 6pm Friday: Closed Saturday & Sunday: 12pm – 5pm
P E M B E R TO N G R O U P.C O M
GTA
IN THIS SECTION
SHOWCASING NEW PROJECTS IN GTA
GREATER TORONTO AREA
ON TOUR AT YONGE & DUNDAS
MAPS & LISTINGS OF NEW COMMUNITIES
TRENDING
REAL ESTATE ROUNDUP
3 MINUTE WALK TO WILSON SUBWAY STATION NEAR YORKDALE AND DOWNSVIEW SUBWAY STATIONS
15 MINUTES TO BLOOR STREET DURING MORNING RUSH HOUR
SOUTHSIDE RESIDENCES AT GRAMERCY PARK BREAKS GROUND BUILDER: MALIBU HOMES LOCATION: ALLEN ROAD AND WILSON AVENUE HOME TYPE: CONDOS TRANSIT SCORE: 95
FOUR PROMINENT BUILDERS
fourth floor
LAUNCH RICHLANDS
ROOFTOP TERRACE
SONIC CELEBRATES
72.94
THE START OF CONSTRUCTION
hectares of total community space (including homes)
BUILDER: LINDVEST LOCATION: EGLINTON AND DON MILLS
BUILDER: FIELDGATE HOMES, ARISTA, OPUS AND DECO LOCATION: ELGIN MILLS AND LESLIE AVENUE HOME TYPE: 800-HOME DEVELOPMENT COMPRISING SINGLE-DETACHED HOMES, SEMI-DETACHED AND TOWNHOMES
$
START PRICE: $1 MILLION
18 NextHome.ca | GTA | July 8-Aug 5, 2017
HOME TYPE: CONDOS
$
START PRICE: $300’S BUILDING AMENITY SPACE: 25,000 SQ. FT.
TRENDING
TREASURE HILL HOMES: CYCLE WARRIORS SURPASS $1 MILLION IN FUNDS RAISED ON JUNE 11, PRESIDENT NICHOLAS FIDEI AND HIS TEAM, THE CYCLE WARRIORS, coasted across the
finish line of the 220-kilometre Enbridge Ride to Conquer Cancer. CYCLE WARRIORS HIGHLIGHTS: 2017 funds raised: $450,000 Five-year total: More than $1 million Sixth place: For overall team fundraising efforts $20.5 million: Total funds raised for the 2017 Enbridge Ride to Conquer Cancer
KYLEMORE PRESIDENT WINS G. RAYMOND CHANG OUTSTANDING VOLUNTEER AWARD PATRICK O’HANLON, president of Kylemore Communities, was honoured for his volunteer contributions to the Centre for Urban Research and Land Development. The G. Raymond Chang Outstanding Volunteer Awards celebrate the exemplary generosity and contribution of alumni and friends to Ryerson University.
MORE TRENDING ONLINE nexthome.ca/news
July 8-Aug 5, 2017 | GTA | NextHome.ca 19
NEIGHBOURHOOD PROFILE
DOWNTOWN YONGE THE HEART OF TORONTO HOT SPOTS
MORE PHOTOS ONLINE
nexthome.ca/downtown-yonge
JACK ASTOR’S: Located at 10 Dundas East, Jack Astor’s is hailed for its balcony overlooking the Square.
IN THE AREA
SONIA BELL EDITOR, NEXTHOME
DOWNTOWN YONGE, home to
the esteemed Yonge-Dundas intersection, is the epicentre of Toronto. Home to an eclectic mix of retailers, restaurants and services, it’s a must-see attraction for tourists and an ideal location for urban buyers and renters. THE VIBE
Downtown Yonge is urban living personified, where fashion, food and entertainment are all rolled into one buzzing intersection. While located on the heels of other well-established neighbourhoods such as ChurchWellesley, Discovery District and Garden District, Downtown Yonge has its own foothold in the city, often described simply as “the heart of Toronto.”
Downtown Yonge has it all – shopping and restaurant options, a school campus and the city’s largest mall, to name a few. A key highlight is Yonge-Dundas Square – or “Toronto’s Time Square” – a large public outdoor space. For shoppers and foodies, there’s 10 Dundas East, a large retail and entertainment complex, and the Toronto Eaton Centre. Students are also a short walk away from Ryerson University. REAL ESTATE
Living in the centre of it all comes at a price – and it’s high. High-density housing reigns here. Due to its central location, access to public transit and a roster of amenities, the area demands a higher price compared to other downtown neighbourhoods.
+
ED MIRVISH THEATRE: An iconic building in downtown Toronto, this is a popular film and play theatre circa 1920s.
To rent a two-bedroom:
$2.5K — $3.6K To buy a two-bedroom:
$720K — $850K *based on current listings
Sonia Bell is a writer and editor at NextHome. She has her Masters in Communication Studies and loves exploring all things real estate. 20 NextHome.ca | GTA | July 8-Aug 5, 2017
ADIDAS: The Toronto flagship store offers the latest and greatest from the popular brand.
+DID YOU KNOW? Downtown Yonge is about to get even better! Toronto’s Neon Museum is launching here, comprising refurbished neon signs.
COVER STORY
PANDA CONDOS
LAUNCHING THIS FALL LIFETIME DEVELOPMENTS, ARCHITECTSALLIANCE AND CECCONI SIMONE CREATING A LEGEND AT YONGE AND DUNDAS IT’S NOT SURPRISING THAT AS THE JUNE WEATHER STARTS TO HEAT UP,
the condo market continues its steady boil, with demand for condominium projects that offer transit-centric locations, luxurious designs and dynamic amenities continuing to set new records with every launch. While sale results are scorching heading into the summer, the only thing hotter is the anticipation levels among brokers, agents and their clients for the next condo super-launch. “The recent success of condo launches across the GTA, from Mississauga to Vaughan, are demonstrating that not only is the condo market not slowing down, but projects are reaching near sell outs, faster than ever,” says leading
July 8-Aug 5, 2017 | GTA | NextHome.ca 21
COVER STORY Toronto sales and marketing
approach, which is why we have curated a team of award-winning
professional Barbara Lawlor, of
professionals which represents the best in modern architecture and
Baker Real Estate. “But, even
interior design.
though the market is breaking new
“The teams at architectsAlliance and Cecconi Simone have, in
ground, some age-old principles of
our opinion, created something timeless and unique that will be an
economics still apply, including the
incredible addition to Toronto’s skyline. We can’t wait to introduce their
law of supply and demand.
efforts to the market.”
“It’s playing out before our eyes,”
Peter Clewes, architectsAlliance principal, has designed a building
Lawlor adds. “With every sale of a
that places emphasis not just on what is happening in the sky, but
unit in a new project, there’s a list
also what happens at ground level. “Panda will make the street more
of buyers left out, unable to secure
pedestrian-friendly and vibrant,” says the architect. “The transparent,
the home of their dreams. This
open ground floor will contrast with the opacity of the other buildings
has led not only to unparalleled
lining Edward Street, while the corner café space will animate the
sales, but never-before-seen levels
mid-block walkway between Edward and Elm Street, creating a much
of excitement for the next new
warmer neighbourhood character away from Yonge Street.” Describing
project.”
the tower itself, Clewes adds that its “graphic character will operate on
Lawlor’s right, as the market is primed and ready for what is anticipated to be the project-
a different scale, cutting through the visual ‘noise’ and giving the project impact on Yonge Street.” As with any design-focused project, the relationship between exterior
of-the-year – Lifetime’s Panda
architecture and interior design is key both to the aesthetic success of
Condos, expected later this fall.
the project, but also to the livability and holistic experience of living,
Given its iconic location just steps from Yonge-Dundas Square
visiting or working in the building. This relationship was key in inspiring the design work of Cecconi
and Ryerson University, Panda
Simone, which founding partner Anna Simone notes was very much
Condos is now in the final stages
influenced by both the architecture, and the branding of the project
of the city’s planning process,
(created by agency of record, Montana Steele).
and its developers are expecting to introduce the 30-storey, architectsAlliance-designed tower, which will feature interior designs by the award-winning Cecconi Simone, just a few short months from now. Currently accepting preregistrations, the excitement for the launch of Panda is building. “We’ve received overwhelmingly positive responses to Panda so far, and are thrilled by the market’s reaction to a project we haven’t even begun to market,” says Brian Brown of Lifetime Developments. “This is in large measure due to the iconic location and signature opportunity to design a project at the heart of Canada’s most dynamic intersection – Yonge and Dundas. We appreciate how special the site is, and recognize how this location demands an exceptional
22 NextHome.ca | GTA | July 8-Aug 5, 2017
“There’s a seamlessness between the architecture, branding and interior design at Panda,” says Simone. “Where one discipline ends,
Artist’s concept
+
another begins. Driven to address the duality of design, in which modern spaces must be multi-functional, we have pushed ourselves to redefine living for today’s consumer. Not merely limited to personal spaces, but
LOCATION Toronto
with the design of the amenity and common spaces as
DEVELOPER Lifetime Developments
today’s condo residents truly live.
DEVELOPMENT Panda Condos
communal and interactive, functioning as an extension
HOME TYPE Condominiums CONTACT pandacondos.com
well, we have sought to extend our approach to how “By understanding the target consumer – young Millennials – we have created spaces to be social, of the end-user.” With a team of industry-best consultants doing some of the best work of their careers, and a site which boasts the best location in the city, it’s no wonder that excitement – and not just the temperature – is rising this summer. Get on the list to be one of the first to get details about the market’s hottest launch yet – the launch of Panda Condos. For your chance to feel the heat, go to pandacondos.com to register.
July 8-Aug 5, 2017 | GTA | NextHome.ca 23
ADVICE | BILD REPORT
CREATING JOBS AS WELL AS COMMUNITIES
BRYAN TUCKEY
THE HOME BUILDING, land
development and professional renovation industry builds cities and creates jobs. We are the industry that designs, develops, constructs and renovates the buildings and communities where people live, work, play and shop, and are one of the largest employers in the region, providing jobs for thousands of GTA residents every year. In 2016, our industry was responsible for 173,719 on-site and off-site jobs in new home construction, renovation and repair, according to estimates prepared for the Canadian Home Builders’ Association based on Statistics Canada and Canada Mortgage and Housing Corp. data. RENO VS NEW CONSTRUCTION
While last year’s job numbers were down almost 23,000 from 2015, they were well above the 155,300 on-site and off-site jobs of 2014. In 2016, the renovation and repair side of the industry accounted for nearly as many jobs as the new home construction component. About 85,876 people in the GTA worked in jobs in residential renovation and repair, while 87,843 were in on-site and off-site jobs in new home building. The number of jobs in the new home construction area of the industry is directly influenced 24 NextHome.ca | GTA | July 8-Aug 5, 2017
by new housing starts. In 2016, there were 40,277 new housing starts in the GTA, compared with 44,092 in 2015. Given our housing supply woes in this region and the challenges the industry faces bringing product to market, it is not surprising that starts were down last year. Nearly half – 19,617 – of last
“
Every construction crane represents up to 500 jobs.
”
year’s new-home starts were in the city of Toronto, and Toronto was one of the few areas of the GTA, where starts were up from 2015. In York Region, there were 8,926 starts last year, down from 9,775 in 2015. Meanwhile, in Peel Region, construction began on 5,362 new housing units last year, significantly fewer than the 8,100 in 2015. None of this is surprising, given that the industry is building to the province’s intensification policies and we are selling and building significantly fewer lowrise homes and far more midrise and highrise homes than we did a decade ago. The building of new homes and communities is a multi-faceted process involving the hard work of hundreds of industry professionals. Every construction crane represents up to 500 jobs. The process of developing homes and communities begins long before the shovels reach the
ground and requires the expertise of a wide range of professionals. Urban planners, architects, engineers, financiers and lawyers are just some of the many experts needed to bring development projects to life. Designers, marketers, brokers and salespeople are a few of those needed to bring new homes to the market. Then there are the numerous skilled tradespeople such as carpenters, masons, drywallers and electricians who construct new homes. ECONOMIC DRIVER
Our industry is a major employer and key driver of our economy. Last year in the GTA, the many professionals involved in new home construction earned about $5.2 billion in paid wages, while the numerous professionals working in residential renovation and repair earned $5 billion in wages. In total, the industry paid $10.2 billion in wages, and those wages were used to purchase consumables such as groceries, clothes and cars, and thereby support growth in other industries and contribute to the economic prosperity of our region. 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
PROPERTY PROFILE
CELEBRATING 60 YEARS OF MAGIC MOMENTS WITH
FIELDGATE HOMES FIND YOUR DREAM HOME IN THE GTA’S BEST LOCATIONS THIS SUMMER! THIS YEAR, FIELDGATE HOMES IS PROUD to celebrate its 60th anniversary!
Over the past six decades, Fieldgate has worked hard to provide the finest-quality family homes and communities to thousands of satisfied homeowners across the GTA and beyond. With their most popular current communities now open, and even more exciting new releases opening in the coming months, you can discover the home that is right for you and your family this summer with Fieldgate Homes. WEST BRAMPTON: 38-, 41- & 50-FT. SINGLES NOW AVAILABLE AT VALLEYLANDS
Since it opened, Valleylands has been a top choice among homebuyers in West Brampton. Ideally located on the west side of Chinguacousy Road, north of Steeles Avenue West, this is a place where the valleys surrounding the Credit River offer a breathtaking outdoor playground of lush green parkland, with major conveniences all just moments away. Fieldgate Homes is pleased to continue the success of Valleylands with the current release of 38-, 41- and 50-ft. singles in this picture-perfect setting. With a wide range of floor plans with four and five bedrooms, you can find something that is the right choice for your family, right here. STOUFFVILLE: 30-, 36- & 40-FT. SINGLES NOW AVAILABLE AT BLUE SKY
Stouffville’s Blue Sky is the new-home community you’ve been waiting for, offering a refreshing way of life full of old-fashioned charm, set in a
26 NextHome.ca | GTA | July 8-Aug 5, 2017
dynamic, modern and convenient community of mostly detached homes just five minutes north of Markham. More than 1,300 families already call Blue Sky “home,” and with this latest release of 30-, 36and 40-ft. singles, there has never been a better time to call Blue Sky your home, too . KLEINBURG: 36- & 44-FT. SINGLES NOW AVAILABLE AT IMPRESSIONS
With a new release now available, there’s never been a better time to discover Impressions. Families from all over the GTA are falling in love with Impressions – a breathtaking master-planned community that features more than 70 acres of greenspace, community parks, ponds and two proposed community schools. Featuring an ideal location minutes
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Over the past six decades, Fieldgate has worked hard to provide the finest-quality family homes and communities to thousands of satisfied homeowners across the GTA and beyond.
from the heart of the historic village of Kleinburg, this is without a doubt one of the finest newhome communities in the GTA. The current release at Impressions features a wonderful collection of 36- and 44-ft. detached homes of unparalleled style and distinction. With a number of floor plans to choose from, homebuyers are sure to find something that meets their families’ lifestyle and needs.
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collection of solid brick and stone homes to choose from, you are certain to find something that is perfect for your family. Enjoy Brampton’s most convenient lifestyle with major amenities nearby, including parks, schools, shopping, dining, easy access to Hwys. 407 and 401, Brampton and GO Transit and more. RICHMOND HILL; RICHLANDS COMING SOON
Fieldgate is excited to offer 36- and 43-ft. singles over 4,600 sq. ft., semis over 3,000 sq. ft., and freehold townhomes over 3,100 sq. ft. at Richlands, a new master-planned community at Elgin Mills and Leslie. Register for the next release at fieldgatehomes.com today. WHITBY: WHITBY MEADOWS COMING SOON
WEST BRAMPTON: 36-FT. SINGLES NOW AVAILABLE AT COBBLESTONES
At Cobblestones South, you can discover an exquisite selection of 36-ft. designs, many of which feature optional lofts that will bring the total interior space up to more than 3,400 sq. ft. With a wonderful
Fieldgate Homes’ next master-planned community is Whitby Meadows. It will feature an exceptional selection of 30-, 36-, 42-ft. single-detached homes and freehold townhomes in west Whitby’s finest natural setting. For more information on any of these remarkable communities, sales centre locations, phone numbers and floor plans, or to register for upcoming communities, visit fieldgatehomes.com or follow on Facebook or Twitter. July 8-Aug 5, 2017 | GTA | NextHome.ca 27
ADVICE | STAT CHAT
2017
NEW CONDO SALES COULD SET ALL-TIME HIGH, AGAIN!
BEN MYERS WHEN TALKING ABOUT new condominium sales in the Greater Toronto Area, I sound like a broken record. Every couple of years the previous record high for transactions is broken, and 2017 could topple that record again. In 2016, there were 29,186 new condo sales in the GTA, topping the previous record high set in 2011. Through the first five months of 2017, there have been 17,200 sales according to data from Altus Group, a 58-per-cent increase over the pace set last year. However, sales in May were down 12 per cent year over year. Some will blame Ontario’s Fair Housing Plan for cooling the market, but the majority of new condominiums that have launched after the announcement on April 20 have experienced sales success, with 13 of the 17 projects selling over 40 per cent of their units, and 10 of 17 selling over 60 per cent. In the past, new-home market trends have followed resale housing trends and there has been a slight cooling in the resale 28 NextHome.ca | GTA | July 8-Aug 5, 2017
housing market, however many buyers see a new pre-construction condominium purchase as a long-term investment, as many of these towers will not be ready to occupy until 2020 or 2021 at the earliest, and no one knows what resale market conditions will be at that time. PRE-CONSTRUCTION
Many investors and end-users looking at the new-home market like the advantages that preconstruction condominiums provide. New units include stateof-the art common amenities and interior finishes, the ability to customize a suite and choose the flooring, countertops and appliances, as well as the peace of mind that comes with having a new-home warranty. Now, some of you might be waiting for many of the new condominium projects to complete to snap up the last of the unsold developer inventory when construction wraps up. There might not be any. According to Altus Group, 97 per cent of the 58,000 new condominium apartments under construction in the GTA are already sold. Many investors
who purchased have not been “flipping” the units at registration either, as the red-hot market for condominium rentals is about to get even hotter. New condo completions are down 21 per cent in 2017, and the introduction of rent control in Ontario will incentivize some renters to stay put, and many others who contemplated buying to put-off that decision. If you are looking at a new condominium, surround yourself with a capable team that includes a knowledgeable realtor, a mortgage broker, and a real estate lawyer. Your team will help to ensure you’re getting the best deal, and you’re familiar with all the costs and benefits of buying new. 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 him on twitter at @BenMyers29
+MORE ADVICE ONLINE nexthome.ca/news/advice
Discover a home for your vision.
BE RIGHT THERE. AT MISSISSAUGA SQUARE. COMING SOON. Just north of Square One, Plaza’s Mississauga Square is waiting for you to call it home. Beyond access to world-class amenities, you’ll find yourself strategically located. Near the proposed Hurontario LRT, and between highways 401 & 403, you’re easily connected to everything the GTA has to offer. Register now.
pureplaza.com
30 NextHome.ca | GTA | July 8-Aug 5, 2017
July 8-Aug 5, 2017 | GTA | NextHome.ca 31
ADVICE | CONDO PRO
UPGRADES & OPTIONS: HOW A SMALL INVESTMENT CAN REALLY PAY OFF BARBARA LAWLOR
IF YOU’RE ANTICIPATING choosing
the features and finishes for your new condo, know that many buyers don’t have to look beyond the builder’s standard features. Today’s “standard” appointments are anything but standard. The features and finishes that come with today’s condo suites are far and above what builders offer south of the border. Buying new also brings with it the chance to upgrade the items that will make your home even more beautiful, comfortable, and potentially worth more on resale – if and when you decide to sell. Like what? HARDWOOD FLOORING Often an upgrade, but it’s worth the cost. It’s easy to clean, and your options for colours and textures is phenomenal. In an open-concept space, area rugs placed atop wood flooring are beautiful and help to delineate space. KITCHENS AND BATHS Time and again, they yielded the biggest return on investment in the long run. You’ll be amazed at the kitchen options available, which may range from paneled appliances that give them a furniture-finish look, to cabinetry with glass fronts for displaying 32 NextHome.ca | GTA | July 8-Aug 5, 2017
If your condo suite is a stepping stone to another home someday, opt for neutral finishes that will make for an easy resale.
distinctive dishes or glassware, quiet self-closing drawers, tall upper cabinets, extended islands, cornice mouldings and even wine fridges. When it comes to bathrooms, think “spa-inspired” upgrades like marble flooring, luxe rain-shower heads and soaker tubs. As for the rest of the suite, higher baseboards, builtin shelving – the list of possibilities is long and tempting.
surroundings with standard options. As someone who has travelled extensively, I can tell you that our local builders offer amazing choices relative to the rest of the world. Do some research before your selection appointment to find out what’s new and innovative. When you sell someday, all things being equal between two suites, buyers will choose the one with better finishes.
ECO UPGRADES Not only will they cut your energy costs, they will also help sustain the planet. Upgrades like natural stone countertops are both gorgeous and environmentally conscious.
Barbara Lawlor is president 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 condominium developments.
Your options depend on your budget, and remember that you may be able to create your perfect
+MORE ADVICE ONLINE nexthome.ca/news/advice
COMING SOON.
ADVICE | MORTGAGE INTEL
4 TRICKS TO BOOST YOUR DOWN PAYMENT ALYSSA FURTADO YOU’VE BEEN SAVING AND SAVING
for the down payment on your first home, but things just never seem to move fast enough – except for rising home prices, that is. But as you’re building this large amount of cash, you might be itching to find ways to make it grow. Investing seems like it could be the answer, but where do you start? The stock market is constantly fluctuating. Even professionals who study different stocks aren’t always lucky enough to make the right calls. Should you really gamble with your savings? There are ways to make your money work harder for you, and not simply sit in your chequing account earning miniscule interest.
and make sure you’re saving with an institution that gives you the best rate. Keep in mind, Canada is in a historically low interest rate environment, so the difference between rates may seem tiny. But if your savings are large enough, that tiny difference can have a decent impact over time.
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There are ways to make your money work harder for you, and not simply sit in your chequing account earning miniscule interest.
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GUARANTEED INVESTMENT HIGH-INTEREST SAVINGS
CERTIFICATES (GICS)
ACCOUNTS
This investment vehicle provides plenty of peace of mind. The guarantee the name refers to doesn’t mean you’ll definitely make a lot of money. It guarantees you definitely won’t lose money, which is a promise you can’t get from most other investments. GICs let you lock in a certain sum (a minimum investment of $500 or $1,000 is typical) for a specific period of time, usually one to five years. The longer you keep money in the GIC, the higher the interest rate is and the more interest you’re likely to earn. This makes GICs an excellent option for people looking to grow their savings over
When choosing where to park your cash, there are a number of factors to consider. One key component in your choice of bank should be the interest rate of your savings account. Highinterest savings accounts have different interest rates depending on the financial institution. If you’re shopping for a new bank, be sure to compare interest rates with other banks or credit unions. Many financial institutions will often have promotions encouraging you to switch that involve a high interest rate either for a set period, or permanently. Do your research
the long term, but who don’t want to take on risk. THE HOME BUYERS’ PLAN
An RRSP is a type of account that holds a variety of investments, such as GICs. RRSPs have three advantages. First, everything you contribute to your RRSP is tax deductible. Second, you can invest from an RRSP and any profits from those investments remain tax free as long as they stay in the RRSP. Third, if you’re a first-time homebuyer, you can withdraw up to $25,000 from your RRSP tax-free to put toward your first home when you participate in the Home Buyers’ Plan. If you’re purchasing your first home with a partner or spouse, you can withdraw as much as $25,000 from each of your accounts for a total of $50,000 to put toward your home. But there’s a catch: The Home Buyers’ Plan essentially works as a loan to yourself, so you must contribute at least one-fifteenth of the amount in your RRSP over a 15-year period or the money withdrawn will be taxed. THE BOTTOM LINE
Investing your down payment in stocks can be risky if you’re buying a home within the next few years, since there’s a chance you could lose money. A safe investment option, such as a high-interest savings account or a GIC, can give you a better return on your money. 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
July 8-Aug 5, 2017 | GTA | NextHome.ca 33
ADVICE | FUNDAMENTALLY SPEAKING
WATER – THE NEXT BEST THING WAYNE KARL
For buyers in the GTA and Southwestern Ontario, the good news is that there are a number of waterfront developments you should pay attention to.
BUYING A HOME near transit is a
proven winning strategy. You can even attach quantifiable numbers to it – a 10- to 20-per-cent premium on property values, research shows. And in the case of a downturn, values will drop by 10 to 20 per cent less. Pretty good deal, if you can find it. As much as municipalities in the Greater Golden Horseshoe (GGH) are spending literally billions of dollars on infrastructure improvements, adjacent homebuying opportunities are usually snapped up in a hurry. More and more people appreciate the lifestyle and convenience advantages of being close to transit, if not the property value benefits. But if you’re looking for the next best thing, look south – in the case of the GGH, toward Lake Ontario. Indeed, properties near water have always been in high demand. And it’s not just about lakeside views or waterfront access. It’s also because this demand usually equates to strong value appreciation. “It is very difficult to place a premium value on proximity to water or water view,” Elton Ash, regional executive vice-president, Re/Max of Western Canada, told NextHome. “I wouldn’t be surprised, though, if it is comparable to the transit premium value.” 34 NextHome.ca | GTA | July 8-Aug 5, 2017
The Etobicoke Waterfront The downtown Toronto Harbourfont gets all the attention, but there’s an amazing story developing in the Lake Shore and Park Lawn area. This former motel strip is a burgeoning new
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...there are a number of waterfront developments you should pay attention to.
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condo community, with dozens of projects from some of the biggest and best builders around. All of it is alongside the Humber Bay waterfront, with extensive paths, parkland and amenities, and improving TTC options. And there may be more to come. Pending development applications for lands on the north side of Lake Shore could bring more future development for residential and employment opportunities. Hamilton West Harbour The City has committed to a $140-million redevelopment of its West Harbour, to transform
it into a vibrant, mixed-use and pedestrian-friendly community. New housing projects, revamped public spaces and a developing downtown core could attract thousands of residents to the city’s waterfront. Among the housing developments are the CityHousing Hamilton Jamesville Redevelopment and the Brock Street Urban Towns. Complementing public spaces include the Pier 8 Development and Bayfront Park Beach. Port Credit This historic neighbourhood in Mississauga, already in demand for being doubly blessed with adjacency to Lake Ontario and the Credit River, is about to see a lot more action. A proposal by West Village Partners (WVP) to develop a 72-acre former industrial site at Lakeshore Road West and Mississauga Road will eventually bring about 2,500 housing units, including townhomes, midrise and highrise condos. Site studies are now underway, with the goal of beginning site work this fall, and pending approvals, construction in 2019. 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@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl
+MORE ADVICE ONLINE nexthome.ca/news/advice
nership w o e m o H f o m a e r D Discover the Coming this August to Mississauga, Daniels will introduce the newest addition to their iconic master-planned community – Wesley Tower at Daniels City Centre. Not only will Wesley Tower offer an amazing location, innovative suite layouts and well thought-out functional amenities, but Daniels is going one step further by introducing the most powerful FIRST-TIME BUYER homeownership program in Mississauga today!
COMING
it's as easy as 1...2...3: 1. $5,000 upon signing your Agreement of Purchase and Sale 2. 30 days after signing your Agreement of
Purchase and Sale, top up your deposit to 5% of the purchase price
3. 120 days after signing your Agreement of Purchase and Sale, start paying down the remaining 5% of your total deposit with Daniels Gradual Deposit Payment Plan IT’S THAT EASY!
Enjoy exclus Wesley Tow
Learn more about our FirstHome 10% Deposit Program* – Register today to attend our Homeownership Seminars taking place this July. TM
905.819.8889
DANIELSWESLEYTOWER.ORG
SUITES FROM THE MID $200,000s
To become an Inne membership fee o purchase of your n **Daniels’ 10% Deposit Program and Gradual Deposit Payment are subject to availability and are only available on a limited number of suites within Daniels City Centre - Wesley Tower, may end at any time, and are subject to change without notice. Conditions apply. *Please speak to a Sales Representative for more information. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers protected. Illustrations are artist’s concept. Prices, specifications and programs are subject to change without notice. All brand names, logos, images, text and graphics are the copyrightat of the an refunded owners, The Daniels Corporation. E. & O. E.
PROPERTY PROFILE
WESLEY TOWER DANIELS TO INTRODUCE NEW RESIDENTIAL OPPORTUNITIES AT MISSISSAUGA CITY CENTRE A TRAIL-BLAZER IN CITY AND
STYLE FACTOR
COMMUNITY-BUILDING, The
Designed by Rafael & Bigauskas Architects, Wesley Tower will be a 43-storey residence that will take its place in Daniels’ architecturally award-winning community. Daniels established the first master-planned community here in 2004 with The Capital Condominiums, and today, the cityscape is lined with unique buildings including the gargoyle-festooned One Park Tower and Limelight Condominiums with its glowing green rooftops. Wesley Tower interiors by Figure 3 include family-friendly amenities ranging from an allencompassing gym to kids’ play spaces, co-working areas and an outdoor terrace. Choose from well-appointed one-bedroom, one-bedroom-plus-den, twobedroom, two-bedroom-plusden suites, and three-bedroom layouts.
Daniels Corporation has a long and successful history in Mississauga. Soon, Wesley Tower will go on sale to offer outstanding residential condominium choices in Mississauga’s City Centre. Within this urban hub, Daniels City Centre is a mixed-use, master-planned community that spans 23 acres. The newest condominium in Daniels’ collection, Wesley Tower, is hotly anticipated by purchasers of all ages who appreciate value in a superb locale. LOCATION, LOCATION, LOCATION
Wesley Tower will be situated at Confederation Parkway and City Centre Drive, well-placed in one of the most convenient, soughtafter locations in the Greater Toronto Area. A three-acre public park graces the community, as does a central pedestrian mews and striking public art. The new condominium is steps to Square One, Ontario’s largest mall, as well as a dynamic YMCA and award-winning Celebration Square, which hosts events throughout the year and transforms to an ice rink in winter. The Mississauga Living Arts Centre features performing arts, educational, community and corporate events. Public transportation is handy, with Mississauga Transit and GO Transit close by, as are Highways 403, 401 and 407. 36 NextHome.ca | GTA | July 8-Aug 5, 2017
LIFESTYLE
“Love Where You Live” is much more than a buzz phrase for Daniels. Wesley Tower is designed to satisfy the lifestyle needs of the spectrum of purchasers, from first-time buyers to families, and even empty-nesters – all of whom want to live in a prime location close to amenities. THE CONFIDENCE-BUILDER
Named the 2016 and 2017 Tarion High Rise Builder of the Year, The Daniels Corporation
(danielshomes.ca) is one of Canada’s preeminent builders/ developers, building more than 27,000 new homes across the Greater Toronto Area for over 34 years. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. THE ‘CLINCHER’
For the best chance to purchase, registrants can join the Daniels City Centre Inner Circle. Membership entitles you to be among the first to purchase, with an invitation to Daniels’ Preview Event including the First Advance Sale before the general public. Inner Circle members will have the most comprehensive selection of suites, floors and views to choose from. To join, a $300 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase. To find out more, or join the Inner Circle, register today at danielscitycentre.com or call 905.819.8889. THE ICING ON THE CAKE
Soon Daniels will be announcing an exciting First Time Buyer Deposit program – available only at The Wesley Tower at Daniels City Centre. Register today to be among the first to learn more.
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LOCATION Mississauga City Centre DEVELOPER The Daniels Corporation DEVELOPMENT Wesley Tower HOME TYPE One-bedroom, onebedroom-plus-den, two-bedroom, twobedroom-plus-den and three-bedroom layouts CONTACT 905.819.8889 danielscitycentre.com
37
TRENDING
CANADIANS GETTING CREATIVE TO BUY RECREATION PROPERTY BY WAYNE KARL SUMMER TIME, and the living is
easy… So the saying goes. And this may lead you to dream of owning a cottage or other recreation property. Well, you’re not alone. More and more Canadians, it seems, share the same hope, and are getting more creative to find ways to make it reality. As real estate prices remain high in Canada’s urban centres, young families especially are looking for unique ways to purchase recreational property. In a recent survey conducted by Leger, more than a quarter (28 per cent) of Canadians with children under the age of 18 indicated they would consider selling their primary residence in the city in which they live in order to purchase a cottage, cabin or ski chalet. “Many Canadians with young families are determined to own a cottage or cabin and are willing to explore avenues to turn this dream into a reality,” says Christopher Alexander, regional director, ReMax Integra Ontario-Atlantic Canada Region. “As real estate prices in areas of Canada remain high, more buyers are exploring unique financing options such as fractional ownership in a shared property, purchasing a recreational property with a friend and even selling their primary residence and putting the equity into a cottage or cabin.” In a separate survey of ReMax brokers and agents, 73 per cent of regions indicated that young families with children were a key driver of demand in their market, including established recreational regions such as the Okanagan Valley in BC, Canmore, Alta., Collingwood, Ont. 38 NextHome.ca | GTA | July 8-Aug 5, 2017
and the Laurentians in Quebec. Retirees were also a key driver of demand across Canada, with more than half (55 per cent) of regions surveyed reporting an increase in retiree buyers this year compared to last year. “Large numbers of retirees and Baby Boomers nearing retirement are putting the equity they received from the sale of their home in cities like Toronto and Vancouver into the purchase of a recreational property,” says Elton Ash, regional executive vice-president, ReMax of Western Canada. “Significant price appreciation in those regions has made recreational property ownership a relatively affordable option for many retirees. This has in turn resulted in the price appreciation that we’ve seen in popular recreational property markets such as Whistler in BC and Haliburton in Ontario.” As much as Canadians love the thought of owning a rec property, they should take note that this category is usually the first to feel the impact of any downturn in the economy. Of the areas monitored in the 2017 ReMax Recreational Property Report Omnibus Survey, those in economically challenged Alberta show among the weakest yearover-year price growth. Properties in Canmore grew less than one per cent, while those around the lakes of Edmonton declined 4.1 per cent. This reality puts an emphasis on research and making the right purchase. “Our advice over the years has always been very consistent when it comes to discretionary spending
on real estate,” Ash told NextHome. “Always invest within your financial means. “Real estate, in all categories, should be viewed as a long-term investment. Recreational property even more so. Never invest with a speculative mindset, but always with the view to a long-term hold that will enhance your family’s lifestyle. Always ensure all the additional costs of property ownership are accounted for in a budget and stay within your personal financial means.”
JUST THE FACTS • More than a quarter of Canadians with children under the age of 18 would consider selling their primary residence in the city in which they live to help finance the purchase of a cottage or cabin • Young families are fueling demand: 73 per cent of regions surveyed reported that young families with children drive demand for recreational properties • Buyers are increasingly selling their homes in Canada’s two largest urban centres and using the equity from the sale to purchase a cottage, cabin or ski chalet • Almost two-thirds (65 per cent) of Canadian Millennials (18 to 34 years old) would consider buying a recreational property in the next 10 years • Peace and quiet rated as the most important feature to Canadians when considering spending time at a cottage or cabin, beating out spending time with friends and family
OUR 25TH ANNIVERSARY COMMUNITIES: CURRENT COMMUNITIES AFFINITY CONDOMINIUMS ALDERSHOT / BURLINGTON
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Calculations are approximate and may vary slighlty. Prices and specifications correct at press time. Prices quoted are in thousands except for Randall pricing. E. & O.E.
July 8-Aug 5, 2017 | GTA | NextHome.ca 39
PICKERING
TOWNHOMES AND SINGLES Located steps from the shores of Lake Ontario by quaint Frenchman’s Bay. Launch into a new lifestyle in a family-friendly village surrounded by beaches, trails, parklands, marina and boardwalk. With both the GO station and the 401 just minutes away for a quick commute to Toronto.
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MadisonGroup.ca Renderings are artist’s concept only. Marketed By International Home Marketing Group. E & O.E. April 2017.
PROPERTY PROFILE
MATTAMY HOMES NEW RELEASE AT QUEEN’S COMMON
MATTAMY HOMES RECENTLY
announced an exciting new release at its thriving Queen’s Common community in Whitby. Coming this summer, a brand new collection of Village Homes and Rear Lane Towns will be available in this popular community. Connecting its residents to all the modern, everyday essentials, this community still maintains the natural calm of the surrounding landscape. Queen’s Common offers an extensive variety of fresh, innovative home styles and designs, creating streetscapes with real character for a truly inviting, neighbourly feel. This community handily delivers on the needs and desires of modern families. Access via Hwy. 401, the 407 east extension and Hwy. 412 makes it easy to get anywhere and back home again. Naturally, there’s plenty of access to shopping, entertainment and the charms of downtown Whitby.
For recreation you’ll find the Iroquois Park Sports Centre, and a remarkable 114 local parks with more than 900 acres of active parkland and 60 kilometres of inviting trails. Mattamy’s thoughtful design approach means the company’s homes are designed to always be cheerful and bright. Whether a Village Home or a Rear Lane Town, these open-concept homes maximize the feeling of spaciousness, and are designed for how people will actually use the space. Mattamy has a history of building successful communities in the GTA – and the immense popularity 42 NextHome.ca | GTA | July 8-Aug 5, 2017
of Queen’s Common showcases the style and innovation in home and community design for which Mattamy has become known. Mattamy’s exclusive Architect’s Choice options give homeowners real personal choice in designing their home to suit specific needs and wants. Purchasers have the opportunity to make structural changes to their home before construction even begins. Additionally, Mattamy’s extraordinary design studio offers a magnificent array of finishes and features that allow homeowners to create a home that reflects their personal tastes. Known for attention to superior customer service, Mattamy assigns all buyers their own Design Studio consultant to provide expert guidance through the wealth of options in colours, textures and styles. Mattamy has built more than 90,000 homes in hundreds of communities throughout Canada and the United States, earning the honour of being North America’s largest privately owned home builder. Mattamy was recently named the 2017 GTA Builder of the Year for an unprecedented seventh time. Mattamy has never lost sight of how it has achieved success. It is based on one objective – to create homes and communities people love to live in. This new release in Queen’s Common will open this summer. To be a part of this established desirable neighbourhood, register today at mattamyhomes.com
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LOCATION Whitby DEVELOPER Mattamy Homes DEVELOPMENT Queen’s Common HOME TYPE Village homes and rear lane townhomes CONTACT mattamyhomes.com
July 8-Aug 5, 2017 | GTA | NextHome.ca 43
44 NextHome.ca | GTA | July 8-Aug 5, 2017
July 8-Aug 5, 2017 | GTA | NextHome.ca 45
TRENDING
FAIR OR FOUL: MAKING SENSE OF ONTARIO’S HOUSING PLAN BY WAYNE KARL
IS ONTARIO’S NEW FAIR HOUSING PLAN, comprising 16 measures designed to stabilize the real estate market while protecting homeowners’ investments, actually fair? Or foul? Or is it a fail, even? Well, that depends on what part of the housing market you’re in.
years – prohibitive price growth and, in resale homes, multiple offer situations and bidding wars. HOMEOWNERS
HOMEBUYERS
Homebuyers will like the plan, if it has the desired cooling effect on the market. After two consecutive years of double-digit gains, average house prices in the Toronto region reached $916,567 in March 2017, up 33.2 per cent from a year earlier. Even in, the pause lasts only a few months, as some sources suspect, would-be buyers may catch a break from the norm of the past couple
Homeowners will probably be okay with the measures, if they don’t lead to any precipitous drop in prices. Even if price growth – currently at double digits in the GTA – slows to somewhere between five and 10 per cent, as some suggest, those …continued on page 48
46 NextHome.ca | GTA | July 8-Aug 5, 2017
MADISON GROUP IN PA RT N E RS HIP W IT H
C OM I N G S O O N T O 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 REGISTER NOW NOBURESIDENCES.CA Marketed by International Home Marketing Group. Brokers protected. Renderings are artist’s concept only. E & O.E.
July 8-Aug 5, 2017 | GTA | NextHome.ca 47
…continued from page 46
are still handsome gains. Judging from the number of “for sale” signs out there this spring, however, it looks like some owners believe the market may be peaking. SELLERS
Sellers, on the other hand, may not love the plan, as it may reduce buying activity and price growth, even if only in the short term.
“It is very clear from the announcement that Kathleen Wynne fails to understand the psychology of real estate economics for the typical landlord (real estate investor),” Calum Ross, broker and wealth planner, The Mortgage Management Group, told NextHome. “How the government can issue a statement that in one point states, ‘In March 2017, real estate values are up 33.2 per cent from a year earlier,’ then follows up by suggesting they will increase rent control – and not see the coming rental crisis, is laughable. “The provision for allowable rent increase for 2017 is 1.5 per cent under the current Residential Tenancies Act,” says Ross. “It tells me the government basically has no understanding of investor math or longterm economic implications of their policies.”
OVERALL MARKET
Single-digit price appreciation in a housing market is healthy. What’s been happening in Ontario is unsustainable, and many have been saying it for months. The return of some normalcy to the market would be a good thing. “Given the frothy real estate price growth across the Greater Golden Horseshoe, policy action was needed to reduce the growing risks to the Ontario and national economy,” says Craig Alexander, senior vice-president and chief economist, The Conference Board of Canada. “More sustainable and moderate price growth is in the interests of buyers, sellers, the financial system and the economy. In recent years, the federal government has delivered several rounds of housing policy tightening that impacted real estate markets from coast-to-coast. The next logical step was regional policy actions where the imbalances are greatest. It was time for Ontario to act.” The true impact of these new measures, however, may not be seen for many months, particularly when it comes to rentals. 48 NextHome.ca | GTA | July 8-Aug 5, 2017
REALTORS
Many realtors believe the plan is mostly positive news. While the foreign investor tax garnered much of the headlines, those buyers’ actual influence in the market is negligible – about five per cent of purchases in the GTA. Therefore, the market will largely continue to work itself out, for primary homebuyers, while speculation activity (those who buy properties, especially multiple properties) with the sole hope of cashing in on the value increase, will cool. “There is limited data on how many foreign speculators are active in the GTA market, but it is fair to assume that a foreign speculators tax will impact the middle-class, and not just buyers in the upper-end of the market,” says Christopher Alexander, regional director, ReMax OntarioAtlantic Canada. “In the short-term, potential sales may fall through as buyers adjust to the changes, which in turn could create a ripple effect throughout the market.” BUILDERS
Before the release of the plan, builders generally were leery of any type of knee-jerk reaction from the province, especially in terms of new taxes and their unintended consequences. Their primary concern, however, remains supply. “As the industry that builds 95 per cent of new housing in Ontario, we are pleased that the government has accepted our recommendations to create a housing advisory group and Housing Supply Team to resolve land-use approvals issues and red tape, which prevent housing from coming onto the market for new home buyers,” says Joe Vaccaro, CEO of the Ontario Home Builders’ Association. “We look forward to working with our provincial and municipal partners and continue to promote solutions, such as pre-zoning, fast-tracking approvals, and fixing the EA process, in order to bring more housing supply and housing choice to consumers.”
July 8-Aug 5, 2017 | GTA | NextHome.ca 49
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50 NextHome.ca | GTA | July 8-Aug 5, 2017
ANDRIN HOMES July 8-Aug 5, 2017 | GTA | NextHome.ca 51
PROPERTY PROFILE
CASA II lobby furnished with MissoniHome
YORKVILLE CHIC MEETS MISSONI MAGIC CASA II IN BLOOR-YORKVILLE IS THE PINNACLE OF CRESFORD STYLE
THIS IS THE FINAL CHANCE to live in the iconic CASA II Condominium at Yonge and Bloor with one Signature Penthouse remaining. CASA II is the second residential tower in the CASA brand of condominiums from Cresford Developments. Complete and occupied for one year now, CASA II boasts all of the architectural grandeur and sophisticated style that Cresford is known for. The sculptural, 56-storey tower designed by the acclaimed Peter Clewes of architectsAlliance presents a dramatic façade with a stunning ensemble of tall, vertical stilts supporting the two-storey podium. A vibrant courtyard with tranquil water feature and landscaping connects CASA II with the third tower in the CASA trilogy, which is well under construction and near completion. The magnificent atrium lobby makes a distinguished statement of arrival, with a soaring 20-ft. ceiling, sleek white concierge desk and interior decor bursting with the exuberant colour, texture and artistry of MissoniHome. The distinctive criss-cross bands, geometric patterns and tonal gradations can be seen in the plush seating, the cushions, the wall accents and the light fixtures. The MissoniHome touch is carried through into the elegant amenity spaces,
52 NextHome.ca | GTA | July 8-Aug 5, 2017
which include a magnificent outdoor pool, two luxuriously appointed guest suites, a fully equipped fitness facility with his/her change rooms, a large outdoor terrace with barbecue and cabana-style seating, a cosy and comfortable residents’ lounge and an elegantly designed party room with catering kitchen for stylish entertaining. Cresford uses top-of-theline designers and suppliers to create one-of-a-kind interiors that not only speak to high style and high fashion, but also create practical spaces that pronounce livability and urban sophistication. You can see this philosophy at work in CASA II, especially in the Signature Penthouses. Expect the ultimate in luxury living, with over 10-ft. ceilings and upgraded finishes selected by Brian Gluckstein Design, including marble, Caesarstone and rich wood accents. The lavish master ensuite has designer cabinetry and Kohler fixtures, while the chef-inspired Scavolini kitchen comes with Gaggenau appliances. Gorgeous wrap-around balconies and floor-to-ceiling windows offer unobstructed views of the city. CASA II exterior
CURRENT PROJECTS CASA III: THE NEXT LEVEL OF YORKVILLE LIVING
Designed by Peter Clewes of architectsAlliance, CASA III marks the final tower of the CASA trilogy on Charles Street. Occupying in early 2018, residents will enjoy interiors designed by Brian Gluckstein and furnished by Hermès. VOX CONDOMINIUMS: LIVE OUT LOUD
Located at Yonge and Wellesley, VOX Condominiums follows Cresford’s unique tradition of integrating design and fashion with urban living, with three levels of Diesel-inspired amenity spaces. VOX is well under construction. THE CLOVER ON YONGE: AN EXCLUSIVE ADDRESS
Inspired by the beauty and craftsmanship of Van Cleef and Arpels, The Clover on Yonge, located near Yonge and Bloor, offers unprecedented luxury, privacy and prestige at Yonge and Gloucester. The Clover is now under construction. HALO RESIDENCES: TIMELESS LUXURY INSPIRED BY BACCARAT
Halo Residences will be a rare jewel in an incomparable setting. The hallmark of Baccarat is the inspiration behind yet another Cresford landmark at Yonge and College. Demolition begins this summer. Stay tuned for three-bedroom suites coming soon.
COMING SOON YSL: CANADA’S TALLEST RESIDENTIAL CONDOMINIUM
Yonge Street is poised to receive a truly ground-breaking Cresford landmark. YSL Residences. Canada’s tallest and most iconic residential tower. What all of Toronto will look up to.
For more information on Cresford and its upcoming projects, visit cresford.com CASA II guest suite furnished with MissoniHome
July 8-Aug 5, 2017 | GTA | NextHome.ca 53
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54 NextHome.ca | GTA | July 8-Aug 5, 2017
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BallymoreHomes.com Renderings are artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
OFFICE LOCATION 1490 Killarney Beach Rd., Lefroy, ON L0L 1W0 705-290-0181 Toll Free: 844-785-0181 killarney@ballymorehomes.com OFFICE HOURS Mon - Thu: 1pm - 8pm Fri: by appointment only Weekends: 11am - 6pm
ADVICE | TARION REPORT
HOMEBUYERS HUNGER FOR INFORMATION HOWARD BOGACH
LAST YEAR, TARION ENROLLED
more than 58,000 homes, bringing the total number of homes under warranty to more than 375,000. We also regulate more than 5,000 registered builders. One of the biggest challenges we face as an organization is making sure as many Ontarians as possible – prospective new home and condominium buyers – know about Tarion, the new home warranty, and issues they should be concerned about, such as illegal building or deposit protection. We commissioned a survey earlier this year with Forum Research Inc. to measure consumer awareness of the new home warranty program. Practically one in two Ontarians are not aware that all builders must be registered, and too many consumers do not understand that there is a new home warranty program in this province. Understanding your rights and responsibilities as a new-home buyer is difficult in that context. AWARENESS & ACCESSIBILITY
One way to tackle this awareness and accessibility challenge would be to hold our first-ever virtual Annual Public Meeting (APM). This webcast allowed us to use technology in an innovative way, expand our reach and be more transparent about how we operate to protect new-home buyers. It was so successful – we won an Honourable Mention from PR Daily for organizational 56 NextHome.ca | GTA | July 8-Aug 5, 2017
transparency – that we decided to hold this year’s APM as a webcast only event as well. Like last year’s event, our 2017 webcast was a resounding success. We connected with more than 1,800 consumers and builders across the province, the country
“
One in two Ontarians are not aware that all builders must be registered.
”
and even across the globe. Tarion’s Warranty Services staff handled about 100 incoming enquiries during the two-hour webcast and the APM panel itself – composed of Tarion management, board Vice-Chair Lea Ray and Tarion Ombudsperson Ian Darling – answered 28 questions during the live event. Our staff also responded to an additional 140 questions sent in advance. Many of the queries were from homeowners asking about different aspects of the warranty and how to resolve issues with their builder. Other topics included illegal building, conciliation inspection fees, Tarion’s financing model and board governance. One question about the size of Tarion’s Guarantee Fund generated significant discussion. As panel members noted, the fund protects consumers by, among other things, ensuring that sufficient resources exist to deal with unforeseen
catastrophic events that may require large payouts to protect new-home owners – without creating a burden on taxpayers. Panelists reminded viewers of previous catastrophic events, such as the leaky condo crisis in British Columbia in the 1980s and, more recently, pyrite issues in concrete foundations under Quebec’s warranty program. In both provinces, there were insufficient funds available to address the warranted repairs. REVIEWING PROTECTION
We also confirmed during the APM that we are working, with the support of the Ontario government, on reviewing deposit warranty protection for freehold homes. Based on a survey of those who registered and participated in the webcast, the extended Q&A was appreciated, as was the panelists’ openness, depth of knowledge and professionalism. If we’ve learned anything from this, it’s that Ontarians are hungry for more information and like the fact that they can access Tarion in ways they’ve not been able to before. That’s why we’re committed to holding more webcasts this year on specific subjects that can benefit consumers, no matter where they live in the province. Howard Bogach is president and CEO of Tarion Warranty Corp For more information, visit tarion.com or find on Facebook at facebook.com/ TarionWarrantyCorp.
+MORE ADVICE ONLINE nexthome.ca/news/advice
SPECIAL FEATURE
RISKS & REWARDS OF BUYING PRE-CONSTRUCTION BY
THE PRE-CONSTRUCTION PHASE is
a popular time to buy a new home or condo, for a number of reasons. Usually at this stage in the game, the home builder offers more competitive pricing, to raise the funds needed to the get shovels in the ground faster. This is also the time for buyers to get their choice of lot, floor and exposure, as well as customize their home to their personal preferences. But every reward carries some element of risk – the really good ones do, anyway. With a pre-construction purchase, one of those risks is that the development could fail. How often does this actually
58 NextHome.ca | GTA | July 8-Aug 5, 2017
LYDIA MCNUTT
happen? The risk is relatively small, according to Debbie Cosic, founder and CEO of Mississauga-based In2ition Realty, but it does happen. “In 2016, there were five cancelled projects totaling 400 units,” she says. Cosic is quick to add that in the same year there were a total of 90 projects completed, with just over 18,500 units. But for those 400, the repercussions can be devastating. Recently in the news, a new Mimico condo was once touted as a transit-friendly hot-spot, now making headlines after being placed in court-ordered receivership. In this particular case, as reported by the CBC back in April, condo
buyers who found and purchased their not-yet-built dream homes as far back as 2011, could well find themselves priced out of the 2017 Toronto housing market altogether. We compared condominium apartment prices from 2017 and 2012. The average condo in the City of Toronto sold for $318,600 in January 2012. As of June 5, 2017, that price was $477,600 – a difference of $159,000 (source: Toronto Real Estate Board). That’s gotta hurt. This begs the question, why do people purchase pre-construction? That’s a lot of money to put down on a plan and a promise that it will be built in a few years. …continued on page 60
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July 8-Aug 5, 2017 | GTA | NextHome.ca 59
All prices, are subject to change without notice. E.&O.E. All illustrations are artist’s concept only.
…continued from page 58
THE REWARDS
“Timing is everything when it comes to purchasing,” says Barbara Lawlor, president of Baker Real Estate Inc. “Particularly, when in the marketing cycle you choose to sign on the bottom line can affect everything from your lifestyle to future resale value. For example, if you purchase from plans early in the cycle, you will get the best price and selection of floors and suites.” The lower price and greater choice afforded by the pre-construction phase is certainly a big selling point, especially in Toronto’s hot housing market. But not everyone’s buying into the idea. “For some buyers, seeing the finished product eliminates any doubts they may have,” Lawlor points out. “We notice a rise in sales once construction begins. People often experience peace of mind, knowing the developer has secured enough sales to obtain financing and begin the construction process.” THE RISKS
“Be aware that you are buying from plans and there is usually a provision in all agreements that permits a declarant to change the plans for various reasons,” warns Jonathan Fine, condominium specialist lawyer with Fine & Deo. “I have seen many instances where the unit as finished is not what the purchaser envisioned. There may or may not be recourse, depending upon many factors. Make sure that anything important that a sales person has told you is in writing. Otherwise, it is not necessarily part of deal.” Fine also cautions, “it has happened in the past, usually where there is a hot market like we see presently, when, for example, inexperienced ‘wouldbe’ developers enter the market.” How do you avoid this scenario? Cosic’s advice to prospective homebuyers is simple: research your builder. Fine adds, “Read and understand the disclosure statement, the proposed condominium documents and the proposed budget statement. Finally, remember that you have a 10-day cooling off period during which you should consult your lawyer.”
60
HERE ARE SEVEN QUESTIONS TO ASK, COURTESY OF CANADA MORTGAGE AND HOUSING CORP.: 1 | Where are you building? Determine your area of choice, and which builders are active in the community. Ask people you trust for recommendations. Nothing beats first-hand experience. 2 | What’s your experience? If this is starting to sound like a job interview, then you’re on the right track. How long has the builder been in business? How many homes or condos do they build each year? What kind of background and experience do they have? Get references. 3 | Are you licensed with the proper registrations? If they don’t take care of their own house, how can you trust them to take care of yours? 4 | Is there a model? Take a tour, noting what you like and what you don’t. Take your time, and if you feel you don’t know enough about construction to make a decision, bring someone with you who does. 5 | Can I get a site tour? This isn’t always possible, but it’s definitely worth asking. You can tell a lot about a builder by seeing them in action. 6 | Can I see the master plan? Request this from the builder as well as the municipality. A brand-new community will look very different in 10 years than it does today. Know the future plan for retail, schools and services, public spaces and infrastructure. These all affect the value of your home.
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Open Monday to Thursday from 1 to 8 p.m. Friday by appointment only Weekends & Holidays from 11 a.m. to 6 p.m. Renderings are artist’s concept. Prices and specifications are subject to change without notice. See sales representatives for details. E & O.E.
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INSPIRATION | DESIGN SECRETS
MAKE A GRAND ENTRANCE Give your foyer the special treatment it deserves CALL IT WHAT YOU WILL – foyer, foy-yay, vestibule, lobby, entryway or dumping zone… In modern times, they all mean the same thing – it’s the area we land in when we enter our home. It can be tiny and efficient or over-the-top grand. The word “foyer” has been used to describe a waiting room, corridor or lobby to a large space like a concert hall, hotel, theatre or corporate head office. It’s basically a chamber or area between the indoors and outdoors of a structure, accessed by an exterior door.
62 NextHome.ca | GTA | July 8-Aug 5, 2017
BY JANE LOCKHART
We’ve adopted the French pronunciation here in Canada where the word loosely translates to, “place for fire,” or fireplace. Because the grand old theatres from the 1700s to 1900s were large, drafty buildings, the gathering area inside the entrance
usually had a large fireplace to warm audiences between acts. It was called the foyer. Way before that, the elite classes in ancient Rome would generally live in two homes: A grand villa in the countryside or on the seashore, and a domus (where the word domestic came from), in the walled city. The hallway-like vestibule led to an open atrium that was sparsely furnished, but was filled with marble decorations, artwork on the walls and painted ceilings. This space served as the meeting room for the home. Few windows existed, so an open portico in the ceiling allowed rainwater to fall into a small indoor pool and allowed sunshine to light up the interior, much like a skylight today. The entrance simply acted as an air lock to hold heat in the winter, and cooler air in the summer. But like the thresholds to the theatre, this gave way to today’s symbols of wealth – the power lobbies we see in hotels, government buildings and large corporations. All portend the wealth to be discovered beyond greater and grander entry ways. How does that translate into today’s homes? If we look at the ever-diminishing examples of 1950s post-war era homes, the entrance ways are small, efficient spaces to get you in from the outdoors. As suburbs started to give way to the ex-urbs, bigger and grander homes began to dot the horizon and the foyer set the prosperity tone for the whole home. The elegant two-story high entry with a sweeping staircase was no longer just a Disney castle fantasy. It was being replicated in multiple homes, in new communities, everywhere. As Canadians, most of us grew up being told to use the side door, back door and mud rooms to transition from indoors to out. We tend to see the foyer as a “guest space,” not something we use every day. So, it’s time for an attitude adjustment. It should be considered a tone-setting, design-able space that represents who we are (or at least we could be)! It may go against our very nature to use anyone’s front door, but I say just do it. It may be one of the few times it gets used. No matter how grand or how small your entry space, decorate it to reflect your taste and treat yourself to the front door treatment as often as you can – no matter what you call it.
MORE INSPIRATION ONLINE nexthome.ca/inspiration
Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit janelockhart.com
July 8-Aug 5, 2017 | GTA | NextHome.ca 63
AWARD-WINNINGBUILDER BUILDER AWARD-WINNING
*Information correct at price time. Illustration is artist’s concept. E. & O. E.
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ADVICE | INSIDER INSIGHT
QUESTIONS TO ASK YOURSELF ABOUT BUYING NEW CONSTRUCTION
DEBBIE COSIC
AS THE FOUNDER of a brokerage
that sells new homes and condos on behalf of builders, I see the merits of buying new construction daily. If you think I am biased, you’re right – I am. But rather than spewing out a bunch of boring facts about why you should buy new, ask yourself the following questions and decide for yourself. Are you concerned about the environment? Virtually no older home or condo will offer the same standard of efficiency, as only newly built residences are required to meet the latest national building code standards for energy efficiency and consumption. Do you want a “turn-key” move-in experience? Buying new means you’ve selected all your favourite colours, finishes and fixtures in advance of construction. When you open the door on movein day, your home should be in brand-new, ready-to-live-in condition. There should be no need to spend time or money on home improvements, except for decorating – that’s the fun part! 66 NextHome.ca | GTA | July 8-Aug 5, 2017
Do you like the idea of having a home warranty? Coverage for new homes and condos is done by province. Standard home warranties vary, but they generally protect you against issues such as delayed closings, defects in construction including basement foundations and structural issues, and more. Yes, many older homes were built to last, with incredible workmanship and sturdy materials, but new homes take advantage of the latest advances in materials, technology and construction standards, and products are covered by a manufacturer’s guarantee.
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It’s an investment in our economy and our future.
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Do you like the idea of choosing the lot and view? If so, then when a new community or phase is released, try to get in to buy as early as possible, to pick your preferred view and the floor you want to be on in the case of a condo. When buying lowrise, many people have a preference as to whether their home catches more of the morning or afternoon sun, so buying new is your opportunity to decide. There is a site plan at the builder’s sales office to review as part of your
selection process. This is a distinct advantage that you do not have in the resale home market. Do you want a competitive advantage in the real estate market? Inventory in the resale market has dwindled considerably in many areas over the last few years. New construction can be a great alternative, as you’ll see from the selection in this magazine. Keep in mind, you’re looking at a waiting period of up to 18 months to build a new home, and up to four years or more in the case of a condominium. You’ll need a place to live during construction. Make sure it’s flexible, as occupancy dates can change. That longer waiting period means your down payment structure will be spread out, allowing you more time to save up for a larger down payment. There are lots of advantages, but I can’t fit them all into this space! What does buying from a trusted builder mean for Canadians? It’s an investment in our economy and our future. 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
NOW UNDER CONSTRUCTION!
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Prices &July specifications subject to| change notice. E. & O.E.67 8-Aug 5, 2017 GTA without | NextHome.ca
ADVICE | MONEY MATTERS
OWNING VERSUS RENTING WHICH IS RIGHT FOR YOU?
GAIL VAZ-OXLADE
THE HOUSING MARKET HAS GONE WILD with people panting for
good investments opportunities. Slow down and consider all the angles before you dive into home ownership. SOMETHING ABOUT MONEY
Did you see that? The issue has shifted from “shelter” to “profit.” That’s because people believe that a home is a good investment. While money is a key consideration, it shouldn’t be the only consideration. If you’re going to make the move from renting to buying, look at the dollars and cents. First there’s the straight calculation that compares the cost of carrying your own home (your principal and interest payments and property taxes) with the cost of renting one. Renters aren’t responsible for maintenance. Homebuyers also need to consider closing costs which include legal fees, land transfer tax, and other miscellaneous expenses that you avoid by renting. First and last months’ rent is also less than the typical down payment on a home. 68 NextHome.ca | GTA | July 8-Aug 5, 2017
Of course, when you own, no matter how small the principal portion of your mortgage is (and it’s miniscule in the early years), as long as the market is stable, and you’re not looking to make a quick sale, homeowners are building equity and increasing their net worth with every mortgage payment. And when you sell your principal residence one day, the money earned is tax-free.
“
As long as the market is stable, and you’re not looking to make a quick sale, homeowners are building equity IT’S A WONDERFUL LIFE
”
When I was in my 20s, I lived in a neighbourhood that was suited to a single girl hell bent on a good time. Back then, renting was the perfect solution: one of limited responsibilities and commitment. Renting is virtually a worry-free existence – assuming you have a decent landlord. Home ownership is a responsibility that also brings a ton of warm, fuzzy feelings. It means you can put down roots. You have complete control of your environment so, yes, you can paint your living room red.
LOCATION, LOCATION
Buying a home in a neighbourhood you don’t know well is one a common mistake. If you’re new in town, consider renting for six months or a year to get a feel for the area. If you like living there, you’ll feel more comfortable buying a home. STEADY AS SHE GOES
Your employment prospects should be stable before you consider buying a home. Home ownership requires a number of regular payments – mortgage, property taxes, utilities, maintenance and insurance. Missing any of these payments can trigger dire consequences. There are a number of financial factors to consider when it comes to the buying versus renting. But the decision involves much more than just running the numbers. You’ve also got to look at the emotional rewards and challenges of each alternative. I’ve been a renter and I’ve been an home owner, and overall I like ownership more. Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
+MORE ADVICE ONLINE nexthome.ca/news/advice
ADVICE | LEGALLY SPEAKING
RIGHTS & RESPONSIBILITIES OF A CONDO DWELLER
JAYSON SCHWARZ
LET’S ADDRESS A COMMON fear for
would-be condo dwellers: noise from above. What do I mean? There you are sleeping in your bed at 1 a.m. when the Flamenco dancer who lives upstairs commences to practice on her wooden floors. The rapid machine-gun sound raises you like Lazarus from your bed. You get dressed, go upstairs and rap politely on the door. After a lengthy conversation with your neighbour, you realize nothing is going to change and you’re faced with an unbearable future of sleepless nights, interrupted dinners and a home life that is a mess. WHAT ARE YOUR RIGHTS?
Check the bylaws of your condominium corporation provide. I hope that the lawyer you hired when you purchased your condominium reviewed with you the things you needed to understand. The bylaws should provide that the condominium corporation has an obligation to deal with these kinds of issues: most do. This whole issue in the end comes back to the time of purchase. Make sure you retain a lawyer that understands condominiums and advises you of 70 NextHome.ca | GTA | July 8-Aug 5, 2017
the things you need to know at the time of review of the agreement of purchase and sale (the offer) or when the status certificate is received.
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You have a right to quiet enjoyment of your unit.
”
WHAT DO YOU DO?
The first thing to do is what you already did: you speak to the offending occupant and then put your complaint in writing. Wait a reasonable time and then send a second letter, keeping copies of each. If you get no results the time has come to write to the condominium corporation and ask them to enforce the rules and make the noise stop. Generally, the condo has the full power to require the offensive unit holder making excessive noise to install carpet, cease and desist, change hours of dance, etc. Give the condo corporation a reasonable time to effect compliance and send another letter. If, after a number of attempts, the condominium corporation does not comply, it is time to seek a lawyer. Your lawyer will force the condominium corporation to
enforce its bylaws. On January 18, 2013 the Supreme Court of Ontario decided this point. In the case of Dyke v. Metropolitan Toronto Corp. No. 972 [2013] O.J. No. 301 Mr. Justice E.M. Morgan dealt with such an issue. The facts in their simplest form were that a unit holder on the floor below was subjected to the unit occupant above running a dance studio on wooden floors. Justice Morgan found that the condominium corporation “breached its duty to ensure compliance with its own bylaws and rules.” Justice Morgan ordered the condominium corporation to take all reasonable steps to ensure compliance with its bylaws and rules. In other words: make the offending unit occupant comply. The condominium corporation was ordered to pay special damages in this case. The conclusion is this: you have a right to quiet enjoyment of your unit provided the bylaws or rules support your position. Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@ schwarzlaw.ca with your questions, concerns, critiques and quandaries.
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SPECIAL FEATURE
TOP PLACES TO BUY IN THE
GREATER GOLDEN HORSESHOE BY WAYNE KARL & LYDIA MCNUTT, WITH FILES FROM SONIA BELL HOUSING AFFORDABILITY – it’s the stuff our water-
The GGH covers almost 32,000 square kilometres
cooler conversations are made of these days. This was
and is home to large cities such as Toronto and
also a hot topic in the most recent Financial System
Hamilton, rapidly growing suburban municipalities like
Review by the Bank of Canada, in which Governor
Kitchener-Waterloo, and mid-sized centres and small
Stephen Poloz pointed out, “large price increases are
towns such as Barrie, Guelph and Oshawa.
now being seen across the region, from Niagara to Peterborough.” This sizeable swath of land is referred to as the
The GGH is Canada’s largest urbanized area and the economic engine of Ontario. With 9.1 million residents in 2011 (forecast to grow to 11.5 million by 2031 and
Greater Golden Horseshoe (GGH) – a relatively
13.5 by 2041), the GGH is home to two-thirds of the
new name that’s replacing “GTA” in the home hunt,
population of Ontario and nearly one-third of the total
as buyers increasingly venture beyond the big city
Canadian population.
borders in hopes of finding greater affordability and more options.
72 NextHome.ca | GTA | July 8-Aug 5, 2017
Those in search of their next home in the GGH will want to check out these hot spots.
HAMILTON
SITES TO SEE… • River Mill townhomes by Mattamy Homes
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$407,685
$480,279
+17.8%
BUNGALOWS
$355,303
$409,360
+15.2%
CONDOS
$279,288
$343,421
+23.0%
Hamilton real estate has finally made it to the big time. Long in the shadow of neighbouring Toronto, 60 kilometres down the QEW, and that city’s strong economy, booming condo market and skyrocketing housing values, Hamilton has been quietly building a
• Westwood Mews townhomes by CountryGreen Homes • Victoria Common townhomes by Losani Homes
MILTON HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$591,986
$700,972
+18.4%
BUNGALOWS
$562,191
$656,621
+16.8%
CONDOS
$340,311
$365,382
+7.4%
reputation of its own as an up-and-coming real estate market for years. But no longer. Hamilton, you’ve arrived!
Mass population growth, residential development and a declining vacancy rate has earned Milton a top spot as a
SITES TO SEE…
place to buy, live and invest. With its population expected
• Vista Condos by VanKleef Development Group
to double over the next 20 years, Milton has been dubbed
• Television City condominium by Lamb Development
the fastest-growing city in Canada. To be expected, it's also experiencing some growing pains, with its population
Corp. & Movengo Developments • Central Park townhomes by Losani Homes
outpacing infrastructure such as transit and schools. On the
• Summerlea Woods townhomes and detached homes
plus side, this could present an opportunity for homebuyers to get in on this market, before these amenities are further
by Empire Communities
introduced and prices go up.
KITCHENER-WATERLOO -CAMBRIDGE HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$368,376
$423,258
+14.9%
BUNGALOWS
$324,173
$365,625
+12.8%
CONDOS
$229,399
$255,724
+11.5%
SITES TO SEE… • Panorama townhomes and detached by Andrin Homes • Pure freehold townhomes by Branthaven Homes • Hawthorne South Village Condos by Mattamy Homes • Saddle Ridge townhomes and detached homes by Greenpark & Starlane Homes
MISSISSAUGA
Population: 721,599
Economic growth in Kitchener-Waterloo-Cambridge has outpaced Ontario as a whole for 10 of the last 11 years, according to the Conference Board of Canada, making it a top destination for newcomers. Indeed, demand for homes here is up, with 816 homes trading hands in May – another record month, according to the Kitchener-
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$644,506
$769,292
+19.4%
BUNGALOWS
$591,343
$718,798
+21.6%
CONDOS
$285,027
$316,429
+11.0%
Waterloo Association of Realtors. Prices are following suit, so get in while you can!
Mississauga is far from the sleepy suburb it was a few decades ago. It’s Canada's sixth-largest city, boasting
Bonus: KWC dwellers will soon have access to a new LRT
a population of 721,599 as per the 2016 census. There
and improved GO Transit connections with Toronto and
are some big developments underway, set to transform
beyond.
the city even further – the Hurontario LRT and M City
July 8-Aug 5, 2017 | GTA | NextHome.ca 73
FEATURE
Condos, Rogers Real Estate Development’s $1.5-billion residential development coming to downtown
• Daniels FirstHome Brampton at Sunny Meadow townhomes by The Daniels Corp.
Mississauga. These projects will heighten connectivity and spark further residential, commercial and employment growth – key ingredients to a booming
TORONTO
real estate market. The city’s biggest downfall is similar to many others in the GTA – prices are seeing doubledigit growth year over year.
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$915,382
$1.09 M
+19.8%
SITES TO SEE…
BUNGALOWS
$682,163
$807,552
+18.4%
• Mississauga Square condominium suites by Plaza
CONDOS
$403,039
$444,809
+10.4%
• Wesley Tower at Mississauga City Centre condominium suites by Pemberton Group • Perla Towers by Pinnacle International,
Toronto is the place to be for employment, education and entertainment. Who wouldn’t want to live here?
condominium suites
We’ve got some of North America’s top-ranked schools; we’ve got the TTC; we’ve got the Toronto
BRAMPTON
Maple Leafs. The economy is humming along nicely. The challenge for homebuyers here is rising prices, dwindling supply and the recently announced Fair
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$549,585
$657,895
+19.7%
BUNGALOWS
$458,981
$555,911
+21.1%
CONDOS
$257,796
$305,097
+18.3%
Housing Plan – though the true effects of the latter remain to be seen.
SITES TO SEE… • Panda Condos by Lifetime Developments
Strong population growth has lured bigger and better
• Bianca condominiums by Tridel
job opportunities, with a growing roster of blue chip
• Foxbar Collection at Blue Diamond condominium
employers such as Coca-Cola, Barcardi Canada,
suites and townhomes by Camrost Felcorp
Rogers Communications, Air Canada and Canon
• Concord Canada House condominiums by
Canada setting up shop here. Improving transit infrastructure will come via the Hurontario LRT, a 23-kilometre line running between Mississauga and Brampton GO Transit stations.
Concord, • Time and Space condominiums by Pemberton Group • Fleur condominiums by Menkes
Like many Toronto suburbs, Brampton prices are rising rapidly, up nearly 20 per cent in a year-overyear comparison. This bodes well for existing owners
RICHMOND HILL
and sellers looking to cash in, while creating greater demand for condos and townhomes among the firsttime buyers.
SITES TO SEE… • Mount Pleasant midrise condominium suites by
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$988,122
$1.31 M
+33.2%
BUNGALOWS
$882,448
$1.09 M
+23.8%
CONDOS
$331,518
$349,387
+5.4%
Rosehaven Homes • Cobblestone South single-detached homes by Fieldgate Homes 74 NextHome.ca | GTA | July 8-Aug 5, 2017
The city was recently named sixth most-lucrative place in Canada to do business, with its large and growing
population, high household incomes and educational
A large network of community centres, golf courses,
levels. A thriving technology cluster, combined with
schools and libraries make life in one of Canada’s most
professional, scientific and technical services, finance
multi-cultural cities also rewarding, all contributing to
and insurance, healthcare and other industries, bode
a family-friendly nature.
well for continued growth. York Region's population is expected to grow to 1.8 million people and 900,000 jobs by 2041, the York Region Transportation Master Plan is key. Also, the
SITES TO SEE… • Cornell Rouge freehold townhomes and singlefamily homes by Madison Group & Forest Hill Homes
Yonge North Subway Extension is planned to take
• Trendi townhomes by Treasure Hill
commuters to Hwy. 7 in Richmond Hill, affording
• Pace on Main condominium townhomes by
residents and commuters more transit options to
Geranium Homes • Boxgrove Village townhomes by Arista Homes
alleviate traffic congestion. The one challenge with Richmond Hill is high average home prices, which puts property selection and strategy at a premium.
OSHAWA
SITES TO SEE… • Richlands by Arista Homes, freehold townhomes, semis and singles • YongeParc by Pemberton Group, condominium suites
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$407,581
$533,539
+30.9%
BUNGALOWS
$361,036
$437,226
+21.1%
CONDOS
$195,742
$249,503
+27.5%
• Jefferson Forest by Forest Hill Homes, townhomes and single-detached homes • Observatory Hill by Regal Crest Homes, townhomes and single-detached homes
Cities outside of Toronto are experiencing high residential price growth, with Oshawa at the forefront. This smaller city saw among the biggest increases – up
MARKHAM-STOUFFVILLEUNIONVILLE
28 per cent year over year, keeping pace with Toronto’s runaway prices. So, what makes this such a hot spot? Although home values are increasing (and fast), average prices are reasonable compared to Toronto
HOUSING TYPE
2016
2017
Q1 16 VS Q1 17
TWO-STOREYS
$844,156
$1,039,633
+23.2%
BUNGALOWS
$869,090
$1,210,438
+39.3%
SITES TO SEE…
CONDOS
$349,143
$384,238
+10.1%
• Kingsview Ridge townhomes and single-detached
standards.
homes by Treasure Hill This area is one of the most affluent in the GTA, with high demand leading to fast rising prices. Average home prices grew 23.2 per cent in the first quarter of 2017, compared to the same period last year,
• Harmony Creek townhomes and single-detached homes by The Conservatory Group • U.C. & U.C. Towns 2 single-family homes and townhomes by Tribute Communities
according to the Royal LePage National House Price Survey. New condo and townhome developments are increasing homebuying opportunities at various prices
*Sales data: Royal LePage National House Price Survey,
points, including for first-timers.
Q1 2017 July 8-Aug 5, 2017 | GTA | NextHome.ca 75
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HOT PROPERTIES
Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto area. Find more properties at nexthome.ca
LATEST LISTINGS
14. KINGSWAY BY THE RIVER
GTA PREVIEW REGISTRATION
By: Urban Capital City: Toronto Housing type: One- to three-bedroom condo lofts kingswaybytheriver.ca
1. ALCONA SHORES
15. LOGGIAS IN RICHDALE
By: Bayview-Wellington Homes City: Innisfil Housing type: Luxury singles on 32-, 45- and 48-ft. lots myalcona.com
By: Senator Homes City: Richmond Hill Housing type: Luxurious 40-, 50- and 60-ft. detached homes on deep lots senatorhomes.com
2. ALLEGRO
16. M CITY CONDOS
By: Geranium Homes City: Aurora Housing type: 52- and 61-ft. cul-de-sac homes from more than $2 million allegroaurora.com
By: Rogers Real Estate Development & Urban Capital City: Mississauga Housing type: Condominium suites mcitycondos.com
3. BIANCA By: Tridel City: Toronto Housing type: Luxury condominiums Tridel.com
4. BOXGROVE VILLAGE By: Arista Homes City: Markham Housing type: Family sized freehold townhomes and live/work towns boxgrovevillage.com
5. CITYLUX TOWNS By: Fieldgate Homes City: Thornhill Housing type: Urban townhomes in Thornhill Woods fieldgatehomes.com
6. COBBLESTONES SOUTH By: Fieldgate Homes City: Brampton Housing type: 36-ft. singles up to 3,481 sq. ft. fieldgatehomes.com
7. CONCORD CANADA HOUSE By: Concord Adex City: Toronto Housing type: Condominium suites ConcordCanadaHouse.ca
8. CYPRESS By: Pinnacle International City: Etobicoke Housing type: Condominium suites PinnacleEtobicoke.ca 78 NextHome.ca | GTA | July 8-Aug 5, 2017
17. MISSISSAUGA SQUARE FIELDGATE HOMES
9. DOWNSVIEW PARK By: Stafford Homes City: Toronto Housing type: Three- or four-storey townhomes staffordhomes.ca
10. FRENCHMAN’S BAY By: Madison Group City: Pickering Housing type: Townhomes and singles madisongroup.ca
11. GLENWAY By: Andrin Homes & Lakview Homes City: Newmarket Housing type: Two- and three-storey townhomes and bungalow detached homes on 50- and 55-ft lots glenwayliving.com
12. HILLSBOROUGH
By: Plaza City: Mississauga Housing type: Condominium suites pureplaza.com
18. QUEEN’S COMMON By: Mattamy Homes City: Whitby Housing type: Detached and townhome designs mattamyhomes.com
19. SUMMIT CITY CENTRE By: Summitview Homes City: Mississauga Housing type: Two-storey urban towns summitviewhomes.com
20. SUPERSONIC By: Lindvest City: North York Housing type: Condominium suites lindvest.com/supersonic
By: Great Gulf & Andrin Homes City: Holland Landing Housing type: Detached homes in a master-planned community andrinhomes.com • greatgulf.com
21. THEORY CONDOMINIUMS
13. JACKSON SQUARE
22. TIME AND SPACE
By: Gold Park Homes City: Maple Housing type: Townhomes goldparkhomes.com
By: Parallax Development Corporation City: Toronto Housing type: Condominium suites theorycondos.com
By: Pemberton Group City: Toronto Housing type: Condominium suites PembertonGroup.com
23. VICTORY HEIGHTS
31. MADISON LANE
40. VALLEYLANDS
By: Treasure Hill Homes City: Vaughan Housing type: 40- and 42-ft. luxury singles treasurehill.com
By: Reid’s Heritage Homes City: Bowmanville Housing type: Luxury condos from 650 to 1,200 sq. ft. madisonlanecondos.com
By: Fieldgate Homes City: Brampton Housing type: 38-, 41- and 50-ft. singles fieldgatehomes.com
24. WESLEY TOWER
32. NEIGHBOURHOODS OF MOUNT PLEASANT
By: The Daniels Corporation City: Mississauga Housing type: Condominium suites DanielsCityCentre.com
41. VISTA
By: Rosehaven Homes City: Brampton Housing type: Freehold townhomes rosehavenhomes.com
By: Geranium Homes City: Stouffville Housing type: Condominium one-storey flats and two-storey towns vistaflatsandtowns.com NOT ON MAP
NEW OPENINGS
33. NEWTOWNS AT MOUNT PLEASANT
GEORGIAN SANDS
25. AQUABELLA
By: Primont Homes City: Brampton Housing type: Townhomes primonthomes.com
By: Elm developments City: Wasaga Beach Housing type: Towns and singles georgiansands.com
By: Tridel & Hines City: Toronto Housing type: Condominium suites from 1,767 to over 4,000 sq. ft. Tridel.com
26. CHELSEA MAPLE STATION By: Aspen Ridge Homes City: Vaughan Housing type: Townhomes aspenridgehomes.com
27. CONDOMINIUMS OF CORNELL
34. ORCHARD WEST By: Treasure Hill City: Bowmanville Housing type: 37-, 40- and 45-ft. singles treasurehill.com
35. PACE ON MAIN By: Geranium City: Stouffville Housing type: Condo towns paceonmain.com
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
28. CORNELL ROUGE
37. TIME
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. KLEINBURG SUMMIT By: Mattamy Homes City: Vaughan Housing type: New 60-, 30-, 40- and 50ft. homes and townhomes mattamyhomes.com
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36. QUEENSWAY PARK
By: Treasure Hill Homes City: Aurora Housing type: Urban towns up to 1,500 sq. ft. treasurehill.com
38. THE MET By: Plaza City: Vaughan Housing type: Townhomes pureplaza.com
RADIANCE By: DIAM Developments City: Innisfil Housing type: Townhomes with up to five bedrooms from the upper $400’s radianceinnisfil.ca
VILLAGES OF KILLARNEY BEACH By: Ballymore Homes City: Innisfil Housing type: Detached homes on 40-, 50- and 60-ft. lots ballymorehomes.com
WHITE PINES By: Mattamy Homes City: Bracebridge Housing type: Bungalows and two-storey homes on 66-ft. lots mattamyhomes.com
YOUNG’S COVE By: Briarwood Homes City: Carrying Place Housing type: Bungalows and two-storey homes on 65- and 150-ft. lots youngscove.ca
39. TOWNS AT ROUGE VALLEY By: Tribute Communities City: Scarborough Housing type: Urban townhomes mytribute.ca
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO LYDIA.MCNUTT@YPNEXTHOME.CA
July 8-Aug 5, 2017 | GTA | NextHome.ca 79
ADVICE | HHHBA REPORT
RENO PROJECTS DO IT RIGHT, GET IT IN WRITING!
SUZANNE MAMMEL
IF YOU’RE CONSIDERING A RENOVATION – perhaps of your
existing home to prepare to list it for sale, or a minor tweak to a new home – there are ways to do it right. We’ve all heard stories about renovations gone bad – or worse, renos turned nightmares. What can you do to protect yourself and ensure a successful project?
THE BEST RENOVATIONS FOLLOW A THREE-STEP PROCESS: Step 1: Get informed Step 2: Hire a professional Step 3: Most importantly, get it in writing!
There are lots of resources out there, and sometimes it’s tough to know who to trust, or how to make your project successful. Most homeowners focus on the obvious: how do I want the end product to look and feel, and how much will it cost me? But there is so much more to it than that. Other important considerations: • What building codes apply and do I need a permit? Local building departments can certainly help you understand 80 NextHome.ca | GTA | July 8-Aug 5, 2017
this, and it is important that if a building permit is required, you or your contractor obtain one. Not only does this ensure the project meets the codes required for your safety, you may be required to provide the information should you resell your home, or should something go wrong and you need to deal with your insurance company. • Insurance should be provided by your contractor for the work they are doing. Contact your own insurance company to see what impacts there may be should something happen to a worker while on your project, or should something go wrong or be damaged in the process. • Workers’ Compensation: Discuss these issues with the professional you hire to ensure that any worker who may be hurt on your project is properly covered, so this responsibility does not fall to you. • Liens: These are in place to ensure that suppliers are paid by the contractor. You should understand how you are impacted by these rules. • Warranties: What happens after the contractor has left? What warranty has he provided? All of this leads to an important question: Who will you hire? Many people focus on getting several quotes, and going with the lowest
bid. Price is an important part of the process, but make sure you are comparing apples to apples. And the reality is, you need to ensure that who you are working with is legit, and that they can discuss all these items with you. Like in marriage, communication is key. Not only should you pick a contractor you get along with and who shares your vision, make sure you get your quote in writing. A contract is key. Be sure it includes: • A full description of work, including products and materials to be used • Start and end dates • A clear payment schedule • The contractor’s warranty • Confirmation of liability insurance and WSIB coverage And don’t sign the contract unless you are confident it covers everything you need.
Suzanne Mammel is executive officer of the Hamilton-Halton Home Builders’ Association, the voice of the local construction industry for more than 70 years, with more than 230 members in all facets of new home construction. The residential construction industry in HamiltonHalton is a major economic driver, responsible for creating more than 32,000 jobs.
+MORE ADVICE ONLINE nexthome.ca/news/advice
SWO
SOUTHWESTERN ONTARIO
IN THIS SECTION
SHOWCASING NEW PROJECTS IN SWO
ON TOUR: DOWNTOWN BURLINGTON
MAPS & LISTINGS OF NEW COMMUNITIES
TRENDING
LAMB DEVELOPMENT REVEALS TELEVISION CITY IN HAMILTON LAMB DEVELOPMENT CORP., in partnership with Movengo Developments, has revealed plans for Television
City, a large-scale development to be built in Hamilton. Designed by Peter Clewes of architectsAlliance, with interiors by Kelly Cray of Union 31, the development is the largest plan proposed in Hamilton to date.
THE NITTY-GRITTY OF TELEVISION CITY
44,000 $360 million The value of Television City
618 The number of units available
485,424 sq. ft. of usable space in the towers
In square feet, footprint of development
11,344 sq. ft.
2
35% lower prices than comparable Toronto condos
connected highrise towers
of retail space
474,080 sq. ft. dedicated to residential units
$220,000
Comprising one 30-storey tower and one 40 storeys
starting price of units
For more information, visit lambdevcorp.com
WEST HARBOUR’S $140-MILLION REDEVELOPMENT HAMILTON’S WEST HARBOUR is in the midst of a major resurgence. A $140-million revitalization project will
transform Hamilton’s waterfront into a vibrant, mixed-use and pedestrian-friendly community.
KEY HIGHLIGHTS OF THE WEST HARBOUR REVITALIZATION Pier 8 development
UPCOMING HOUSING PROJECTS
UPCOMING PUBLIC SPACES
1. CityHousing Hamilton Jamesville
1. Pier 8 Development 2. Central Park 3. Bayfront Park Beach
SITE PLAN: CITY OF HAMILTON
Brock Street Urban Towns
Redevelopment 2. Brock Street Urban Towns 3. Tiffany Square
82 NextHome.ca | SWO | July 8-Aug 5, 2017
For more information, visit hamiltoncity.ca
Welcome to Vista Ridge! This master-planned community is located on the beautiful Beamsville Bench, a few minutes’ drive to Beamsville’s town centre. The community will consist of four distinct neighbourhoods with a community park. The first neighbourhood with singles & townhomes opens summer 2017!
TOWNS & SINGLES from the $400’s
ONTARIO
REGISTER NOW MyVistaRidge.ca LN
HILLSIDE DR
ABERDEEN RD
SITE LAVE NDER
st
hixon st
MO UN TA IN
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4008 Mountain Street, Beamsville
branthaven.com
84 NextHome.ca | SWO | July 8-Aug 5, 2017
What we know is that today’s home buyers are even more sophisticated than previous generations. They’re more knowledgeable of their needs and expectations. Blurring the lines between urban and suburban, and replicating the best of modern life with more space and more value. Possibly the most interesting thing we’ve experienced is that many of their decisions are often comprised of a distinct sense of personal style and practicality, looking for a home built with quality construction and offering lower maintenance costs. They want authenticity in the design, and that’s no surprise to us. It’s these buyer values that have helped Branthaven make responsive decisions in homebuilding. Pushing toward life-centric designs and purpose driven living spaces. Plans that promote a much more contemporary way of living, much more simplified, and designed with a purpose. It’s Branthaven’s dedication to be innovative that also speaks to the quality people are looking for and expect.
In the past 45 years, nothing has changed. We’re always re-thinking and re-imagining every aspect of home building to improve how you live life. The more we know about our customer, the better home builder we become.
The last 45 years have helped us understand what it takes to provide authentic communities with purpose-built homes, making life easier and more rewarding. Visit us online and experience what it means to Live The Life
TM
FIND MORE INSPIRATION
BRANTHAVEN.COM
July 8-Aug 5, 2017 | SWO | NextHome.ca 85
ADVICE | NEWS & VIEWS
THE SUNNY SIDE OF THE
SUBURBS GREENSPACE GALORE!
LYDIA MCNUTT
SENIOR EDITOR
I BECAME A SUBURBANITE a few years ago, and I continue to be pleasantly surprised by my community and everything it has to offer. Here are a few things I didn’t expect, but have happily embraced, by buying new in the ‘burbs. EVERYTHING’S NEW
“
Okay, this one’s obvious, but let me stress: everything’s new. Your new home comes with a new roof, windows, appliances, heating, plumbing and electrical systems. Nothing requires repair or replacement at your cost. Thanks, Tarion warranty! This benefit extends beyond the home itself. The infrastructure all around me is new – I can’t remember the last time I landed in a pothole in my neighbourhood. Highways, streets and sidewalks, retail, public transit stations, sewage, water and electric systems – all new. The schools, parks and community centres are all stateof-the-art facilities that impress me at every turn. My kid’s skating arena, for example, has three NHLsized ice pads, 20 change rooms, two community rooms, two shooter pads, theatre-style seating for 1,500, and an upper-level viewing gallery – complete with a Starbucks and a pub. Cheers!
86
Urban developers do their best to incorporate greenspace wherever and whenever they can, such as rooftop gardens. But you’ll be hardpressed to find too many Toronto homes backing onto designated greenspace, let alone afford and actually snag one. Meanwhile in the suburbs, my whole town is planned around a system of pathways, parks and forests, mere steps from home.
The infrastructure all around me is new – I can’t remember the last time I landed in a pothole.
”
PARK IT HERE – OR ANYWHERE
A chat with a downtown-dwelling colleague revealed her frustrations at grocery shopping in her neighbourhood, which regularly involves fruitless efforts to find a nearby parking spot, and ultimately lugging bags of groceries to her car that’s parked nowhere nearby. As a suburbanite, I never have trouble finding a parking spot. Ever. However, this also speaks to the fact that a suburban lifestyle is typically a car-dependant one, with two parked in every driveway. WE’VE GOT AFFORDABILITY!
Prospective homebuyers are
increasingly looking to the suburbs in search of affordability – however, the gap is getting smaller. Canada Mortgage and Housing Corp. recently reported that Toronto’s hot housing market is spreading, with price impacts reaching as far as St. Catharines and Niagara. That being said, some things are still cheaper in a newer community, such as my property tax, daycare and home and car insurance. On the down side, car and commuting expenses increase in the suburbs, and some argue that groceries and entertainment are also pricier – though I haven’t seen evidence of that myself. FAMILY-MINDED FOLKS
Downtown living has changed to accommodate families seeking urban convenience, but the suburbs continue to be a hot spot for families who still want the square footage, yard and picket fence. Ultimately, the decision between city and suburbs depends on your needs and preferences, budget, current lifestyle and future plans. Suburban living isn’t for everyone, but I’m glad I made the move. Lydia McNutt is an award-winning writer and editor with love for architecture, interior design and the written word. Email Lydia at Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets
+MORE ADVICE ONLINE nexthome.ca/news/advice
STYLISH TOWNS IN A FORESTED SETTING
COMING SOON TO BRANTFORD
REGISTER TODAY
54 Blackburn Dr. Brantford
Copyright © 2017 New Horizon Development Group. All rights reserved. Prices and specifications subject to change without notice E&O.E
July 8-Aug 5, 2017 | SWO | NextHome.ca 87
PROPERTY PROFILE
YOUR LAST OPPORTUNITY TO OWN SPACIOUS, LUXURY TOWNHOMES AT ADI’S STATION WEST IN BURLINGTON ADI DEVELOPMENT GROUP has introduced the final release at its highly successful Stationwest community located steps to the Aldershot GO station. Designed by ICON Architects, this collection of only 16 executive townhomes offers spacious, luxury homes in the GTA’s most desired master-planned community. “Stationwest is Burlington’s most successful community and these limited-edition townhomes present the last opportunity to own here,” says Tariq Adi, CEO of Adi Development Group. “With a continued growing demand for family-friendly developments, this exclusive release will be a popular choice for purchasers looking to invest in an established and transit-oriented residential area where you can be at Union Station in less than an hour. The space and luxury finishes you get for the price is unrivaled in the GTA.”
88 NextHome.ca | SWO | July 8-Aug 5, 2017
STYLE FACTOR
Each townhome is thoughtfully designed with Adi’s IntelliSpace philosophy in mind, ensuring that living space is maximized while embracing natural light through a modern style aesthetic. Highquality, luxe features and finishes are appointed by award-winning design firm U31 Inc., and include modern, open-concept plans with soaring nine-ft. ground- and main-floor ceilings, wide plank laminate floating floors throughout entries, kitchens and living areas. Purchasers will also enjoy spainspired bathrooms and gourmet kitchens featuring contemporary stainless-steel appliances and polished quartz countertops. Starting from the $900’s, the Milan Collection will feature double-car garages and rooftop terraces. Unit sizes range between 2,390 and 2,525 sq. ft., and configurations will include three-bedroom layouts with the option to add a fourth bedroom.
Construction will start soon, and anticipated occupancy is Sept. 2019. LOCATION, LOCATION, LOCATION
Stationwest is in one of the most established neighbourhoods in Burlington. The community is walkable, bikeable and transit-oriented. Directly connected to Burlington’s full-service Aldershot GO station, Toronto’s downtown core is easily accessible via train in less than an hour. Residents will also have easy access to Hwys. 403, 407 and the QEW, and an on-site car share program means you can ditch your car altogether. “Commuting to Toronto has never been easier with the expansion of the GO train, and many of our buyers at Stationwest are emerging from central Toronto where housing affordability is out of their reach,” says Saud Adi, COO of Adi Development. “We anticipate this trend to continue as the Hamilton-Burlington market is not showing signs of slowing down.” LIFESTYLE
From the Village of Waterdown’s quaint downtown, to the shopping areas along Aldershot’s Plains Road, Stationwest offers urban accessibility while being immersed in celebrated parkland. The famous Royal Botanical Gardens and the waterfront trails at LaSalle Park are just a few of the many surrounding natural sites that can be enjoyed year-round. With only 16 townhomes available, they are sure to go fast. For more information, drop in at the presentation centre located at 101 Masonry Crt., at Waterdown and Plains Roads in Burlington, adjacent to the Aldershot GO station. Office hours are Monday to Thursday 2 to 7 p.m.; Saturday, Sunday and holidays noon to 5 p.m.; Fridays by appointment. Call 905.681.7743, email stationwest@adidevelopments.com or visit adidevelopments.com.
+
LOCATION Burlington DEVELOPER Adi Development Group DEVELOPMENT Stationwest HOME TYPE Executive townhomes
SALES CENTRE
101 Masonry Crt., Burlington CONTACT 905.681.7743 adidevelopments.com
July 8-Aug 5, 2017 | SWO | NextHome.ca 89
90 NextHome.ca | SWO | July 8-Aug 5, 2017
July 8-Aug 5, 2017 | SWO | NextHome.ca 91
NEIGHBOURHOOD PROFILE
DOWNTOWN BURLINGTON A DESIRABLE LAKEFRONT NEIGHBOURHOOD
HOT SPOTS
MORE PHOTOS ONLINE
Toronto’s Union Station in about an hour.
SONIA BELL
THE GOOD, THE BAD & THE REST
EDITOR, NEXTHOME
THIS AFFLUENT NEIGHBOURHOOD
manages to maintain a pretty down-to-earth vibe, exuding vitality and a strong sense of solidarity among residents.
Although there are great benefits to living in downtown Burlington, keep in mind that the main highways to get out of the city (the 403 and QEW) are among the busiest in the region. THE BOTTOM LINE
IN THE AREA
There are plenty of restaurants, pubs, ice-cream shops and cafes along the main streets of the area. Brant Street is a shopaholic’s paradise, and Brant Pier, a popular spot for residents and visitors, extends 137 metres over Lake Ontario. PLANES, TRAINS & AUTOMOBILES
nexthome.ca/downtown-burlington
As a waterfront community, downtown Burlington is in high demand, which can present affordability challenges. Proximity to the lake comes at a cost, but real estate is not as pricey as properties along the Toronto Waterfront.
+
Residents have direct access to the QEW and Hwy. 403. There is a Burlington GO station located at Fairview and Brant streets, which will get you to
To rent a two-bedroom:
$1.5K — $2.1K To buy a two-bedroom:
$650K — $1.3M *based on current listings
Sonia Bell is a writer and editor at NextHome. She has her Masters in Communication Studies and loves exploring all things real estate. 92 NextHome.ca | SWO | July 8-Aug 5, 2017
KELLY’S BAKE SHOP This mother-daughter owned bakery is full of vegan goodies, from elaborate cupcakes to fabulous cookie sandwiches.
BEAVER AND BULLDOG This restaurant offers a beautiful view of the lake. Although it’s a little more upscale than your typical pub, there are tons of dishes to choose from.
SPENCER’S AT THE WATERFRONT Experience fine dining at its finest, in a glass-walled dining room with a panoramic view of the lake.
+DID YOU KNOW? Jim Carrey and Ryan Gosling are among the well-known celebrities who grew up in the downtown Burlington area.
A FIRST FOR
WATERDOWN Introducing trend living , a modern and stylish condominium development in the highly sought-after town of Waterdown. Trend is conveniently located just minutes from restaurants, shops, Brant Street, Go Transit, major highways and more. This is one
you’ll want to be a part of!
STARTING FROM
$239,990 Join the trend today at
Illustration is artist’s concept. Prices and specifications subject to change without notice. E.&O.E. July 8-Aug 5, 2017 | SWO | NextHome.ca 93
INSPIRATION Palm Plates & Platters $3-$12 walmart.ca
Pineapple Swizzle Sticks $15/set of four crateandbarrel.ca
LAZY
DAYS OF
COOL DOWN THIS SUMMER WITH THESE HOT OUTDOOR ESSENTIALS
Glass Beer Pitcher and Matching Beer Tumbler pitcher $33, tumbler $10 cb2.ca
The Bear Chair Company White Pine Muskoka Chair $147 (delivered) lowes.ca
Raskog Bar Cart $35 ikea.ca
94 NextHome.ca | SWO | July 8-Aug 5, 2017
Absolut Vodka Canada 150 Limited Edition Bottle by Libs Elliott $28 absolut.com
COMINGSOON!
SOPHISTICATED CONDOLIVING in the coveted village of Fonthill NIAGARA FALLS
TORONTO
06
RICE R
RD
20
HWY 4
STATION
HWY
D PORT ROBINSON RD
REGISTERNOW! www.onetwentycondos.ca July 8-Aug 5, 2017 | SWO | NextHome.ca 95
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Dominion Rd
Gilmore Rd Qew Buffalo Rd
son Rd Ni G a i g h Rd
Ce Bertie St Rosehill Rd
Killaly St E
Port Colborne Sugarloaf St
B owen Rd
Barker Ave
58 ence St W C lar
3rd Conc
140 2 nd Conc Miller Rd
rrick Rd
Townline Rd
Stevensville
Ridge R
F
E
Netherby R d
Ott Rd
o
T unnel Rd orks Rd
E liza b e th S t
Ct
n
Haist St
S Pelham St
s ide
Riv er
McCabe St
Townline
Forks Rd W
Ba
N
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r
On ta
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Rd S
Park n St Stat io
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Freeman
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Win
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Mill en R Dew d itt R d
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La ke Av eN
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Dr
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Clin
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Yokum Rd
Ridge Rd
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Schisler Rd
Silver Bay Rd
C
Glover R d
Moote Rd
St
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Rd Dil tz Rd
n
Welland
Q
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Sodom Rd
org
Lyo
Willoughby Dr
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House Rd
Ge
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Or t R d
Jo t h Ced n St ar St
Fe r n
Brown Rd
Burg er Rd
Tamara c St
M cLe
V
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Ro bin so n
Margaret St
Qe w
Rd
w
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Niagara Falls
Av e
Turner Rd
Westwood St
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Rd
Moyer Rd
Sm
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Frederica St
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Wes tbro
Pettit Av
Rd
Franklin Ave
Lundy's L n
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Beav e rdam s
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Drummond Rd
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Falls Rd gara Nia
Queenston St Davids
Sinnic ks Ave
Thorold Stone Rd
Beechwood Rd
Talb Sh
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Po
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2nd Rd W
St
Line 1
w
Pine St S
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Bunting Rd
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Wellington St
3
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Virgil
York Rd
t
Niece Rd
Ontario Rd
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Cha
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Collier Rd S
d
Major St
Welland St Hagar St
Lincoln St E
Wainfleet
ncession 1 Rd
Lowbanks
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Ha rtzel Rd
d
Masterson Ave
Summit Ave
Fitch St
Concession 2 Rd
Golf Course Rd
a al B Can
d
King's Rd
r Rolling Acr es D
K ing St Steele St
nk R
R
Dr uth
Rd der Fee
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ve
So
r Rd
Woodlawn Rd
Elm St
de Fee
B u la Dr
li n
Rd
Concession 3 Rd
se
ra ga
Fonthill
Niagara St
Forks Rd
Bir dR
w A ve
River R
Concession 5 Rd
Forks Rd
Line 3
14
Thorold Rd E
Webber Rd
Bell Rd
r
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Sumbler Rd
Chantler Rd
Wilford Rd
tT
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Fo r k
Foss Rd
Penner St
Rd Rd rook Robinson boro Ridgeville Port Grass y B Merritt Rd Can ar Rd Welland Rd Bi g g Quaker Rd Fenw 406 Carl Rd
Concession 6 Rd
Dunnvill
vi e
River Rd
Pelham
Station St
Rd rough Canbo
Wellandport
er
Tice Rd
Elcho Rd
Hu tc
St
Metler Rd
Vaughan Rd
k Rd
16 Rd
Rice Rd
d
2R d
406
Kilman R d
Concession 4 Rd
Qew
e tch
r Glen Morris D
Merrittville Hwy Cataract Rd
t
Eas
Rd
N Pelham St
3R
Vansickle Rd
Rd
er S
nc ess ion
Rd
Haist St
a
Co
nc ess ion
Po
ore Rd
Co
16 Rd
16 Rd
St Anns
ee
Aikens Rd
ke
hip paw
Rd
La
Silv SC
ville D u nn
d
Rd
Haldimand-Dunnville Townline Rd
R i v er
5R d
St ch
Thorold D ecew
Sawmill Rd
ile Rd
Victoria Ave
Rd
ess i on
Cr
ald-Dunn Twl Rd
Canfield
Co nc
T wenty M
Boyle Rd
H
56
Townline Rd
Pelham
Rd
re
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St Catharines 9th St
d
Yonge St
Smithville
Rd
West Lincoln Caistor Gainsboro Townline Rd
R on 2
Caistorville Rd
essi Conc
Caistor Centre
Rd
15th St Jordan Rd 19th St
16
20
Campden
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Hunti n gto
s ho
d ll R we
35
thy St Doro
Station Jordan Station Vineland
M arli
Rd E
You
18
St
Fly Rd Tintern R d
Kirk
20 Rd E
K ing
e si e Av
Q ew S Service Rd
Cherry Av e
Binb roo k
St
Mountain Rd
Binbrook
Mu d
Dalhou
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Genev a St
Lincoln
Hixon St
Grassie
28
D orc h este rD r
O n ta r i o
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23rd St
Mud St E M ud S t
Sann Rd Bartlett Rd
f Clu b Rd
ain Rd E
N
Gol
HW Y-20
W
Gat t es
L ak e
Cindy Dr
Lak eS t Mai Qew n S t Beam E sville Queen Elizabeth Way Green Lane Rd Elm Tree Rd E Vineland
Rd
side D r Lake
vingston A ve
Read Rd
Chilton Dr
ston Rd
Concession 4 Rd
50 R d
W in
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Dr
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Fruitland 17 2 11 Ston Ridg ey Creek Qew e Rd 12 na 8 8 Wino Gre en Grim M ou Vinemount Ridgesby Rd nt
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Main St E
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Grac eA ve Mead Ave
Beach Rd
Bart on St
pbe ll Av e
Ridgeway
Crystal Beach
START YOUR SEARCH
DOWNLOAD THE APP July 8-Aug 5, 2017 | SWO | NextHome.ca 97
HOT PROPERTIES
Find your next home! This page features a few of the latest properties to keep your eye on in Southwestern Ontario. Find more properties at nexthome.ca
LATEST LISTINGS
STATIONWEST BY ADI DEVELOPMENTS
5. CENTRAL PARK
SWO PREVIEW REGISTRATION
By: Losani Homes City: Hamilton Mountain Housing type: Townhomes mycentralpark.ca
1. 140 CALEDONIA
6. CLAIR MEADOWS
10. ISHERWOOD AVENUE CONDOS By: Activa Group City: Cambridge Housing type: Condo community activagroup.ca
By: The Tricar Group City: Stratford Housing type: Four-storey boutique style condominiums tricar.com
By: Gatto Homes City: Guelph Housing type: Townhomes and single-detached homes gattohomesinc.com
11. LAKE HOUSE
2. AQUAZUL
7. FOCUS TOWNS
12. LIFE
By: Homes by DeSantis City: Grimsby Housing type: Final phase of condominium suites aquazulcondo.ca
3. AVALON
By: New Horizon City: Brantford Housing type: Townhomes in a forested setting focustowns.ca
By: DiCenzo Homes City: Winona Housing type: Towns, semis and singles dicenzohomes.ca
4. BRANT WEST
9. GRANGE HILL POINT
98 NextHome.ca | SWO | July 8-Aug 5, 2017
By: Branthaven Homes City: Winona Housing type: Luxury townhomes branthaven.com
13. ON THE RIDGE 8. FOOTHILLS OF WINONA
By: Empire Communities City: Caledonia Housing type: Townhomes and detached homes empireavalon.com
By: Losani Homes City: Brantford Housing type: Townhomes and single-detached homes brantwest.com
By: Branthaven Homes Location: Grimsby Housing type: Waterfront townhomes and condos lakehouselife.ca
By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominium suites reidsheritagehomes.com
By: Rosehaven Homes & Homes by DeSantis Location: Stoney Creek Housing type: Freehold townhomes liveontheridge.ca
14. ONE TWENTY CONDOMINIUMS By: Mountainview Homes City: Fonthill Housing type: Condominiums mountainview.com
15. PASSAGES ON THE CANAL
25. TIFFANY HILL
By: Bayview-Wellington Homes City: Welland Housing type: Luxury freehold townhomes on the Canal mypassages.ca
By: Rosehaven Homes & Chiaravalle Developments Location: Ancaster Housing type: Freehold towns, semis and detached homes tiffanyhill.ca
16. PURE
26. VICTORIA ON THE RIVER
Location: 3444 Singleton Ave., off Southdale Housing type: Two-storey and multilevel condominium townhomes rembrandt-homes.ca
34. CLAIRITY By: Branthaven Homes City: Milton Housing type: Two-storey freehold townhomes branthaven.com
17. SAPPHIRE By: New Horizon City: Stoney Creek Housing type: Waterfront condominiums sapphirecondos.ca
By: Stonecrest Homes City: London Housing type: Single-family homes stonecresthomes.ca
By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums reidsheritagehomes.com
27. VISTA CONDOS
35. ELEMENTS
By: VanKleef Development Group City: Hamilton Housing type: Condominium suites vistaoncharlton.ca
28. VISTA RIDGE 18. STEPPING STONES By: Phelps Homes City: Smithville Housing type: Two-storey townhomes phelpshomes.com
By: Losani Homes City: Beamsville Bench Housing type: Single-detached homes myvistaridge.ca
29. WESTWOOD MEWS 19. SUMMERLEA WOODS By: Empire Communities City: Binbrook Housing type: Townhomes and detached homes summerleawoods.com
By: CountryGreen Homes City: Kitchener Housing type: Urban townhomes up to 1,365 sq. ft. countrygreenhomes.com
20. TELEVISION CITY
30. WILDFLOWERS
By: Lamb Development Corporation City: Hamilton Housing type: Condominium suites televisioncity.ca
By: Mattamy Homes City: Kitchener Housing type: Townhomes and 30and 36-ft. detached homes. mattamyhomes.com
21. THE GATSBY By: New Horizon City: Hamilton Housing type: Condominium suites gatsbycondos.ca
22. THE MCKENZIE By: Losani Homes City: Caledonia Housing type: Townhomes and single-detached homes mckenziecaledonia.ca
23. THE PENINSULA By: Losani Homes City: Paris Housing type: Townhomes, semis and singles parispeninsula.com
24. TREND LIVING By: New Horizon City: Waterdown Housing type: Modern condo suites trendliving.ca
+
NEW OPENINGS
By: Mountainview Homes City: St. Catharines Housing type: Luxury one- and two-bedroom luxury condos elementscondo.com
36. FOX FIELD By: Fusion Homes City: London Housing type: Single-family homes from $482,900 fusionhomes.com
37. HAVELOCK CORNERS By: Senator Homes City: Woodstock Housing type: New release of 42and 50-ft. singles senatorhomes.com
38. STATIONWEST By: Adi Developments Location: Burlington Housing type: Three-storey townhomes adidevelopments.com
& RELEASES
39. THE ENCLAVES OF UPPER CANADA
31. AFFINITY CONDOMINIUMS
By: Menkes City: Georgetown Housing type: New release of sngle-detached homes on 40-ft. lots menkes.ca
By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Condominium suites affinitycondo.com
40. THE PRESERVE 32. BALDWIN PLACE By: Tillsonburg Developments City: Tillsonburg Housing type: Final phase of detached freehold bungalows baldwinplace.ca
33. CASTLE ROCK PLACE By: Rembrandt Homes City: London
By: Mattamy Homes City: Oakville Housing type: Townhomes mattamyhomes.com
41. THE WEST 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, PLEASE EMAIL LYDIA.MCNUTT@YPNEXTHOME.CA
July 8-Aug 5, 2017 | SWO | NextHome.ca 99
THE LAST WORD
Q&A WITH
JENNIFER KEESMAAT CHIEF PLANNER, CITY OF TORONTO BY WAYNE KARL
FOR JENNIFER KEESMAAT, MORE CONDOS, BETTER TRANSIT, ADDITIONAL BIKE LANES, GREENER LIVING AND IMPROVED WALKABILITY AREN’T JUST HOPES OR DREAMS. THEY’RE ACTUAL AGENDA ITEMS SHE’S CROSSING OFF HER TO-DO LIST. NEXTHOME:
You’re approaching five years as chief planner. How would you characterize your time in the chair? KEESMAAT:
Fast and furious! We’ve made inroads in so many previously neglected areas in planning that it feels like a different place. NEXTHOME:
Midrise development is something we’re hearing more about. How much progress are you making in this area? KEESMAAT: KEESMAAT:
This is such a ripe opportunity that in June one of the largest developers in the city indicated it is creating a new company to focus only on midrise. We have 68 projects approved or under construction in the city. A dedicated staff team could make a real impact, and one of my goals is to make a big leap forward in this building typology. NEXTHOME:
The Bloor Street bike lanes have received strong support from residents, but the pilot project was reported to also lead to significant increases in travel times for drivers. What are the key learnings?
100 NextHome.ca | July 8-Aug 5, 2017
Significant travel times for drivers? I’m pretty sure the number was three minutes. The goal in our city as we get denser and Greener is to focus on using the road right of way that we have to move more and more people. NEXTHOME:
Toronto has a serious housing affordability issue. You’re a mom: How hopeful are you that your kids’ generation will be able to become homeowners in Toronto? KEESMAAT:
It is precisely because I am a mom that I feel so passionately about our new guidelines, Growing Up Vertical. The objective is to ensure that “vertical” communities offer
a desirable quality of life with the right amenities for families. We know that a key part of our future as a city is going to be vertical living – whether in towers or midrise buildings. If we design these communities right, they offer an excellent quality of life where parents are not trapped in a long, expensive commute. If my kids choose to stay in Toronto – and I hope they will – the odds are that they will raise their families in a smaller space and in an even denser community than they were raised. My goal is to ensure that this is their first choice!
+FULL Q&A ONLINE nexthome.ca/keesmaat
Your nexthome is here!
Whether you’re renting or buying, finding your next home has never been so easy.
INDEX OF ADVERTISERS Andrin Homes - Corporate
50/51
Andrin Homes - Hillsborough
57
Ballymore Homes - Killarney Beach
54/55
Bayview Wellington Homes - Focus
69
Bayview Wellington Homes - Passages
90/91
Branthaven Homes - Corporate
84/85
Camrost - Felcorp - Blue Diamond at Imperial Plaza
1
Camrost - Felcorp - Corporate
1
Camrost - Felcorp - The Foxbar Collection at Blue Diamond
1
Concord Adex - Canada House Condos
Madison Group - Nobu Toronto
47
Mattamy Homes - Queens Common
BC
Menkes Developments Inc. - 365 Church
Insert
Menkes Developments Inc. - 87 Peter
Insert
Menkes Developments Inc. - Fleur
Insert
Menkes Developments Inc. - Harbour Plaza
Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart
Insert
Mountainview Homes - Corporate
95
New Horizon Homes - Focus Towns
87
New Horizon Homes - Trend Living
93
30/31/44/45
Cresford Development Corp. - Corporate
104
Cresford Development Corp. - YSL
IBC
Parallax Development Corporation - Royal Q
Parallax Development Corporation - Theory Condominium ELAD Canada - The Point
49
Fieldgate Homes - Blue Sky
25
Fieldgate Homes - Cobblestones
25
Fieldgate Homes - Impressions
25
Fieldgate Homes - Richlands
25
Fieldgate Homes - Valleylands
25
Fieldgate Homes - Whitby Meadows
25
Forest Hill Homes - Cornell Rouge
61
Pemberton Group - Corporate
Pemberton Group - GO.2
Pemberton Group - Time and Space Condominiums
Great Gulf - Corporate
Homes By Desantis - Aquazul
Losani Homes - Brantwest
4/5
13
2
8
Insert
Pinnacle International - Perla at Pinnacle Uptown
3
Plaza - Mississauga Square
29
Reid’s Heritage Homes - Madison Lane
67
Rosehaven Homes - Affinity Condominiums
39
The Daniels Corporation - DuEast
15
The Daniels Corporation - Wesley Tower
35
Treasure Hill Homes - Trendi
Madison Group - Cornell Rouge
61
Tridel Corporation - Bianca
102 NextHome.ca | July 8-Aug 5, 2017
Insert
9
83
40/41
59
Pemberton Group - Yonge Parc
Losani Homes - Vista Ridge
Madison Group - Frenchman’s Bay
6
Urban Capital - Harris Square
64/65
IFC
7
WHAT’S ONLINE
TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA
SEEKING YOUR NEXT INVESTMENT OPPORTUNITY? HERE’S WHERE TO LOOK
FACING SOME STIFF COMPETITION? HERE’S HOW TO WIN A BIDDING WAR
nexthome.ca/where-to-invest
nexthome.ca/bidding-war
CANADA’S FASTEST-GROWING CITIES ARE...
HIGH-DENSITY HOUSING: THE NEXT BIG THING IN THE GREATER GOLDEN HORSESHOE
nexthome.ca/fastest-growing-cities
+
nexthome.ca/high-density-housing
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104 NextHome.ca | July 8-Aug 5, 2017
A NEW RELEASE OF TOWNHOMES COMING TO QUEEN’S COMMON Village Homes & Rear Lane Townhomes Coming Summer 2017 A brand-new selection of Village Homes and Rear Lane Townhomes are coming soon to our popular Queen’s Common Community. Mattamy’s thoughtful designs consider the needs of modern, energetic families. Situated for easy access to the 401, this master-planned community connects you to modern shopping, dining, plus established schools at all levels. Queen’s Common is designed to be a wonderful place to call home.
TUDOR
Rear Lane Townhome, The Hannon I ‘Tudor’, 1,842 Sq.Ft.
ENGLISH MANOR
REGISTER NOW AT
mattamyhomes.com
FOLLOW US:
Village Home, The Tansley I ‘English Manor’, 1,549 Sq.Ft.
A Mattamy home is a HOME YOU’LL VALUE for a lifetime 2017 BILD Home Builder of the Year