Today's Homes and Condos, June 1, 2017

Page 1

INSIDE: BRADFORD, INNISFIL, BARRIE

homes&CoNDos T O D AY ’ S

NEW HOME BUYER’S GUIDE SErviNg TOrONTO & YOrk rEgiON JUNE 1 - JUNE 14 2017

distribUtioN: 195,000

A fabulous new selection of home on 40’, 50’ & 60’ LOTS

NOW OPEN IN INNISFIL

BallymoreHomes.com 2 and 0 3 for more details. See Page 0


Today’s Homes York • Thursday June 01 to Wednesday June 14 2017 • 2

cover story

P

GRAND OPENING OF KILLARNEY BEACH PHASE 2 SPURS EXCITEMENT IN INNISFIL!

hase 2 at The Villages of Killarney Beach Innisfil community is officially open for sale, and is being received enthusiastically by new home shoppers seeking value in an exceptional setting. Buyers can choose from a new release of 40’, 50’ and 60’ lots near the corner of 20th Side Road and Killarney Beach Road. The 50’ and 60’ lots are nestled on a cul-de-sac backing onto green space. With Lake Simcoe just a stroll away and home prices beginning from the low-$800,000s, the opportunity is being snapped up by a variety of purchasers, including young families wanting to raise their children in a place where small-town values are the norm.

Imagine the benefits of living this close to Lake Simcoe, one of Ontario’s most popular fishing spots in both summer and winter. Boat enthusiasts appreciate the fact that this lake harbours several sailing yacht clubs that host regattas, and families love the beaches that dot the shoreline. And did you know that Kempenfelt Bay is known for excellent scuba diving?

The 50’ and 60’ lots are nestled on a cul-de-sac backing onto green space.

The Town of Innisfil is graced with 43 km of shoreline, a 9-km stretch of the TransCanada Trail and scenic community parks. Access to Highway 400 is convenient, making Toronto and the GTA a quick trip. Plus, the GO stop at Highway 11 links commuters to the Bradford Train Station. Innisfil itself is home to restaurants and stores. Avid shoppers also love living minutes to the Cookstown Outlet Mall. Among Innisfil’s inviting amenities is a recreation centre with programs for residents of all ages. Within this inviting area, Ballymore Homes’ The Villages of Killarney Beach offers family-friendly, open-concept designs with luxurious features and finishes. Enjoy spacious gourmet kitchens with generous amounts of counter space and cabinets. Among the designs, you will find varying (as per plan) kitchen highlights such as pantries, breakfast bars and even window seats. The great rooms are truly great, and the master bedrooms magnificent. In addition, families can have fun, fun, fun in their big backyards. All of this can be yours for prices thousands less than equivalent homes in Newmarket, which lies just 15 minutes to the south.

TO bOOK YOur AD, CAll YOur TODAY’s hOMes & CONDOs sAles TeAM: :

homes&C CoNDos

Shelley Thompson

T O D AY ’ S

YOUR NEW HOME BUYER’S GUIDE

sthompson@yrmg.com 416-500-5982

Publisher:

GeNerAl MANAGer:

905-853-8888 dana.robbins@metroland.com

905-853-8888 ssauve@metroland.com

Dana Robbins

Shaun Sauve

Monika Madden

mmadden@yrmg.com 905-717-0382

You can purchase with peace of mind from Ballymore Homes, a company led by principals who have had a hand in building fine new home communities in Toronto, across the Greater Toronto Area and beyond since 1994. This 20+ year track record of excellence includes homes in Ajax, Aurora, Ballantrae, Brampton, Markham, Pickering, Richmond Hill, Scarborough, Stouffville, Sutton and Tottenham. The culmination of this expertise shines through at Killarney Beach. Homeowners enjoy the benefits of Ballymore’s commitment to offering enviable selection, quality, value and award-winning trademark craftsmanship. Meticulous attention to detail in design and construction combine with impeccable customer service to create a whole that is much greater than the sum of its parts! The homes at The Villages of Killarney Beach Phase 2 are selling quickly. To find out more and avoid being caught in a standingroom-only position, stop by the Sales Office at 1490 Killarney Beach Road, visit Ballymorehomes.com; follow Ballymore on Facebook, Twitter and Instagram; or call 1-844-785-0181.

Members of B.I.L.D. BUILDING A GREATER GTA

ADVerTisiNG PubliCATiON/ sAles MANAGer: sPeCiAl FeATures eDiTOr:

Amanda Smug

Dorothea Helms

905-853-8888 asmug@metroland.com

905-852-9294 writer@wsws.ca

Building Industry and Land Development Association

Visit their website at: www.bildgta.ca

Today’s Homes & Condos and its advertisers are not responsible for errors made in advertisements or editorial. All prices are correct at press time, however, due to the lead time required to publish Today’s Homes & Condos, prices and other conditions may have changed. Please note prices and conditions are subject to change without notice.


BARRIE, INNISFIL AND BRADFORD

Dorothea Helms Connects people and ideas, and can be reached at writer@wsws.ca

Beckon with superb residential destinations!

S

outhern Ontario is home to some of the most coveted residential destinations in the world. Certainly, York Region is a prime area for new home communities, and so are the municipalities that lie just outside its borders. Barrie, Innisfil and Bradford are examples. They continue to attract new residents because of their beauty, convenience and the competitive price points of the new homes being offered there.

Watch for the Barrie Boat Show coming July 16-18 (Photo courtesy of the City of Barrie)

The Town of Bradford West Gwillimbury www.townofbwg.com When a Town offers an annual event called “Carrot Fest,” you know it’s located amid fertile farmland. Bradford West Gwillimbury is home to the world-famous Holland Marsh. The Town’s main intersection is King’s Highway 11 and Highway 88, a short distance from Yonge and Highway 400. Bradford is home to comprehensive modern amenities – the perfect spot for raising a family. The Town of Innisfil www.innisfil.ca

Upcoming EvEnts in BraDforD WEst

Residential hotspot Innisfil is popular with all ages, especially watergWillimBUry lovers. The Town features 43 km of Lake Simcoe shoreline, scenic community parks, plus a 9-km stretch of the Trans-Canada Trail. July 1 Innisfil is also home to a dynamic recreation centre, Georgian Downs canada Day parade, 1:50 to 2:50 p.m. and Sunset International Speedway. Commuters find access to Highway Newmarket The parade starts in front of Bradford District 400 convenient. The City of Barrie www.barrie.ca Four-season, resort-style living is the norm in Barrie, which is less than an hour’s drive to Toronto and mere minutes from York Region. This City boasts gorgeous trails along Kempenfelt Bay, plus sandy beaches, water sports opportunities and parkland. Nicknamed “Myrtle Beach North,” the Barrie area is also home to numerous golf courses. Commuters love the fact that the city offers convenient access to Highways 400, 90, 27, and 11, as well as GO Train stops.

High School and ends at the Bradford & District Memorial Community Centre, where from 4:30 to 10:00 p.m., there will be entertainment, activities and fireworks! August 23-25 carrot fest, Downtown Bradford This event has been voted one of the Top 100 in Ontario by Festival & Events Ontario for the past seven years! Activities take place downtown and at the Bradford & District Memorial Community Centre. www.CarrotFest.ca

Upcoming EvEnts in innisfil June 23-25 innisfil ribfest The Inaugural Innisfil Ribfest & Music Festival Presented by INNISFIL COMMUNITY EVENTS will take place at Innisfil Recreation Complex. Produced by Ontario Festival Group, the event will feature 5 of North America’s Best Rib Teams coming from Texas, Florida, Alabama, BC and Ontario. There will be a variety of other festival foods and cold beer. Midway, rock climbing, games and live music. http://ontariofestivalgroup.com/event/innisfil-ribfest/ July 1 canada Day in innisfil Check Innisfil.ca for details on Canada Day celebrations that will include street festivals, vendors, performers and fireworks! www.innisfil.ca

Upcoming EvEnts in BarriE June 8-19 Kool fm Barrie Jazz & Blues festival at Heritage park This celebration of jazz and blues will feature free concerts and an onsite barbecue, plus proximity to children’s splash pools, day slips for boaters, lakeside fishing, restaurants, trails and free parking. www.barriejazzbluesfest.com/Web-Page%20Links.html July 16-18 Barrie Boat show at Heritage park This in-water boat show is a must see for nautical types. Check out www.Barrieboatshow.com

3 • Today’s Homes York • Thursday June 01 to Wednesday June 14 2017

community profile


Today’s Homes York • Thursday June 01 to Wednesday June 14 2017 • 4

a vibrant address meets an extraordinary opportunity

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5 • Today’s Homes York • Thursday June 01 to Wednesday June 14 2017

NOW OPEN! IN INNISFIL

Detached Homes with more of everything 40’, 50’ & 60’ LOTS STARTING FROM THE LOW $800’S

INNISFIL

• Waterfront parks, marinas and spectacular Lake Simcoe • Shop at the Outlet mall in Cookstown or the Upper Canada Mall • Newmarket is just 15 minutes away • Vaughan Mills, Toronto and the GTA are a short hop down Hwy. 400 • GO Stop at Hwy. 11 links you to the Bradford Train Station • Sophisticated urban amenities and the lifestyle of your dreams are within your reach

BallymoreHomes.com Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.

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


Today’s Homes York • Thursday June 01 to Wednesday June 14 2017 • 6

news from BILD

% ITS E 5EPOS

*

EIYVOUR D C E ON

DemanD for new homes continues to outpace supply anD Drive prices in the Gta

REST

R TE

IN

SPACIOUS I NEW DESIGNS Stouffville 7 storey building adjacent to conservation lands, 878 sq. ft. to 1,900 sq. ft. all with balconies or terraces

n April, demand for new homes in the GTA continued to outpace supply, and prices for all types of available new homes were up significantly, the Building Industry and Land Development Association (BILD) announced.

Last month, the average asking price for available new detached homes in the GTA reached $1,810,232, while the average for available semi-detached was $856,036 and for townhomes was $946,496.

There were 4,680 new homes sold in the GTA last month, an increase of seven percent from a year ago according to Altus Group, BILD’s official source for new-home market intelligence. Year-to-date sales of new homes in the GTA have been exceptionally strong. In the first four months of this year, 17,977 new homes were sold, 24 percent more than during the same period in 2016 and 48 percent above the 10-year average.

Prices of available new multi-family homes, condo apartments in high-rise and mid-rise buildings and stacked townhomes, were up nearly 24 percent from a year ago. The average price of available units hit $570,226 in April, with the average price per square foot at $685, and the average unit size 832 square feet.

“Builders are not able to keep up with the demand for new housing,”

A condominium with a variety of spacious and unique plans Residences starting from the

500’s

Prices of available condo apartments were up due to both an increase in average unit size and a substantial increase in average price per square foot. Average price per square foot was up 17.5 percent from a year ago.

$

Meanwhile the supply of new homes, the number of homes available to buyers in builders’ inventories at the end of the month, continued its unabated decline. At the end of April, there were only 9,387 new homes available to buyers across the entire GTA. This is the first time that overall inventory has dropped below 10,000 units since BILD and Altus Group began tracking such data more than a decade ago. A year ago there were 21,056 new homes available for purchase in builders’ inventories.

VISIT OUR LUXURIOUS MODEL SUITE*

royalpinecondos.com Sales Office: 5402 Main St., Unit #7 Stouffville, Ontario, L4A 1H3 905-591-8600 hamptonplacecondo@gmail.com

STOUFFVILLE

Sales Office Hours: Monday - Thursday: 1pm to 6pm Friday: BY APPOINTMENT ONLY Saturday, Sunday & Holidays: 12pm to 5pm

“Builders are not able to keep up with the demand for new housing,” says BILD President and CEO Bryan Tuckey. “The product that builders are able to bring to the market is quickly purchased and prices for all types of new homes keep increasing as a result.” In April, the average price of available new low-rise single-family homes, which includes detached, semi-detached and townhomes, was $1,212,297. That is 40 percent more than the average price of such homes in April 2016.

“The declining number of new homes available to purchase is not a question of less product being brought to market,” says Patricia Arsenault, Altus Group’s Executive Vice President of Research Consulting Services. “There were more than 11,000 units in projects opened in the first four months of this year – that’s about onethird higher than the average for the previous two years. But new product is selling well. For example, for projects opened in the first quarter of this year, only one in five units were still available to purchase at the end of April; for the same period in 2015, that proportion was about double (two in five).” Approximately 70 per cent of the new homes that were purchased in the GTA in April (3,265 units) were multi-family condo apartments in high-rise, mid-rise or stacked townhomes, while 30 percent (1,415) were new single-family lowrise homes including detached, semi-detached and townhomes. Single-family low-rise sales were down 39 per cent from a year ago while sales of multi-family condo apartments were up 61 percent from April 2016.

ApRiL New-Home SALeS by muNicipALiTy: Feb '17

High Rise

Low Rise

Total

Region

2017

2016

2015

2017

2016

2015

2017

2016

Durham Halton Peel Toronto York GTA

19

33

16

362

356

441

381

389

2015 457

129

87

123

84

342

476

213

429

599

872

170

106

474

908

822

1,346

1,078

928

1,621

1,391

1,262

52

119

88

1,673

1,510

1,350

624

351

294

443

611

868

1,067

962

1,162

3,265

2,032

1,801

1,415

2,336

2,695

4,680

4,368

4,496

Source: AlTuS GrouP *See sales representative for details. Prices and specifications are subject to change without notice. E. & O.E. Rendering is artist’s concept.

With more than 1,450 members, BILD is the voice of the land development, home building and professional renovation industry in the Greater Toronto Area. BILD is proudly affiliated with the Ontario and Canadian Home Builders’ Associations.


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Illustrations are artist’s concept. Sizes, prices and specifications are correct at press time and subject to change without notice. E. & O. E. June 2017

7 • Today’s Homes York • Thursday June 01 to Wednesday June 14 2017

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Today’s Homes York • Thursday June 01 to Wednesday June 14 2017 • 8

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