GTA New Home Guide - March 3, 2012

Page 1

GTA Edition

March 3 - 17, 2012 Volume 20 Issue 05

Your Best Source for New Homes

Mattamy Offers Enticing Savings At Mount Pleasant North. Actual Skating Rink In Mount Pleasant North.

INSIDE THIS ISSUE

LOWRISE NEW HOME SALES MAKE A COMEBACK

CANADIAN BUILDERS STEAL THE SHOW AT U.S. AWARDS

HOW TO FIND THE RIGHT HOME FOR YOU


Coming soon to Richmond Hill. PRESTIGIOUS CLUB LIVING ON THE OAK RIDGES MORAINE. There’s a place reserved for you on the Oak Ridges Moraine, nestled within one of the largest collection of Kettle Lakes in Ontario and next to the Humber and Rouge River watersheds. Coming soon to Richmond Hill, the Kettle Lakes Club on Bayview Avenue, a collection of Executive Townhomes on a protected ravine setting starting from the 400’s. Register for a preview at aspenridgehomes.com

20

TM

T W E N T Y

Y E A R S

Make your move at

aspenridgehomes.com


DESIGNER MIKE NIVEN LUXURY MODEL HOME TO VIEW. Live in the lap of luxury amidst gracious surrounding greenery, while just minutes from every convenience King City has to offer: Memorial Park, the Community Centre Arena, the GO Train Station, and private, independent, public and secondary schools.

KING VAUGHAN ROAD

TESTON ROAD

DUFFERIN STREET

HWY 400

KEELE STREET

KING ROAD

SALES OFFICE

King City – King Oaks MIKE NIVEN MODEL East side of Keele St. south of King Rd. 60’, 70’ & 80’ Singles from 1.1 million 905.539.0181

MAJOR MACKENZIE DR.

20

TM

T W E N T Y

Y E A R S

aspenridgehomes.com


TWO MIKE NIVEN MODEL HOMES TO VIEW. Nestled into King Township, King Country Estates offers a lifestyle fit for royalty. In the midst of this area’s beautiful rolling hills and pastoral countryside, Nobleton’s first master-planned community is designed to preserve and enhance the environment. The neighbourhood will include picturesque ponds, parks, trails and lookouts that will keep residents connected with the breathtaking landscape of the adjacent Oak Ridges Moraine.

SALES OFFICE /MODEL HOMES

KING ROAD

HWY 427

ZENWAY

HWY 400

HWY 27

15TH SIDEROAD

Nobleton – King Country Estates TWO MIKE NIVEN MODELS East side of Hwy. 27 just north of King Rd. Singles from $680’s 905.558.0255

HWY 7 HWY 407

© Aspen Ridge Homes. Prices and specifications are subject to change. Renderings are artist’s concept and will change if required by site conditions, availability of materials, and architectural control. See sales representative for details. All Rights Reserved. E.&O.E. February 2012. 17511


Aspiring Communities.

ASPEN RIDGE NEW HOME FINDER. OUR COMMUNITIES. COUNTLESS SOURCES OF INSPIRATION. Brampton – Countryside Meadows NOW OPEN West side of Bramalea Rd. Just north of Sandalwood Pkwy. Towns from $420’s, Singles from $520’s 905.792.5118 Brampton – Credit Manor Heights NOW OPEN Mississauga Rd. & Steeles Ave. Towns from $370’s Singles from $590’s Register at aspenridgehomes.com King City – King Oaks MIKE NIVEN MODEL East side of Keele St. south of King Rd. 60’, 70’ & 80’ Singles from 1.1 million 905.539.0181

Kleinburg – Kleinburg Hills COMING SOON Hwy 27 & Major Mackenzie Dr. Singles Register at aspenridgehomes.com

Richmond Hill – Kettle Lakes Club COMING SOON Bayview Ave. & Bethesda Side Rd. Executive Towns Register at aspenridgehomes.com

Markham – Upper Cornell COMING SOON Northeast corner of 9th Line & Bur Oak Semis & Singles 905.554.3446 Register at aspenridgehomes.com

Richmond Hill – Macleod’s Landing TWO MIKE NIVEN MODELS Bathurst St. & Milos Rd., north of Jefferson Side Rd. Towns from $450’s 36’ Singles from $630’s 45’ & 50’ Singles from $720’s 905.508.8200

Nobleton – King Country Estates TWO MIKE NIVEN MODELS East side of Hwy. 27 just north of King Rd. Singles from $680’s 905.558.0255

Model Home Viewing Hours: Saturday – Sunday 11am – 6pm


contents

32

COVER STORY

Mattamy Homes

Great savings continue at the Blue Ribbon Sales Event at Mount Pleasant North

24

62

92

community focus features 24

Richmond Hill | Fieldgate Homes Fieldgate’s Bond Lake now under construction

62

Multi-site | Primont Homes Expect big things from Primont in 2012

92

Sutton | Ballymore Homes Year-round lakeside living at Lakeside Meadows

106


120 16

34

regular and special features IN EVERY ISSUE 4 10 110 118

EDITOR’S NOTE CONTRIBUTORS HOT DATES AD INDEX

46

The winners in 2011: GTA new-home builders —by Lloyd Martin & Mark Jin 120

BILD REPORT

Lowrise new home sales make a comeback —by Paul Golini Jr. 22

TAXING ISSUES

Investment issues in real estate —by Henry Choo Chong 36

IN THE NEWS 20

LEGALLY SPEAKING

An issue of trust —by Jayson Schwarz 42

44

MORTGAGE FINESSE

HOMEBUYERS’ HELP

Do you know how your mortgage provider gets paid? —by Calum Ross

30

MONEY MATTERS

34

Dealing with the dreaded B word – “budget” —by Gail Vaz-Oxlade

70

HOW TO FIND A HOME

The ideal community: factors and features to consider HOW TO FIND A HOME

Which home type might be best for you?

TRENDSPOTTING

Off the wall —by Elisa Krovblit 86

SMART SHOPPER

Exclusive discounts and deals for our readers 88

HOW TO FIND A HOME

Tips and advice for the first-time homebuyer 106

STYLE FINDS

Green envy —by Sara Duck

2012 NATIONALS

Canadian builders steal the show at US awards

DESIGNER ADVICE

Bathroom trends to make a splash —by Glen Peloso

LOWRISE SALES

GTA lowrise market gains ground 48

64

FUNDAMENTALLY SPEAKING

Pay attention to location, information and timing —by Wayne Karl

COLUMNISTS 16

MARKET RESEARCH

111

RESOURCE SECTION

Mortgage Calculator and Rate Table 115

GTA HOT SHEET

Two pages of new openings, new releases and preview registrations


EDITOR’S NOTE

GET IT IN WRITING

and have your lawyer review your agreement

B

uying a brand-new home offers you an opportunity to customize it to your liking. It can be a dream come true and an investment for the future – but don’t forget, it’s also legal transaction. The term “get it in writing” has never been more important in the case of the newhome purchase since such a document outlines everything your home will have in it, on it and around it. Otherwise known as the Agreement of Purchase and Sale, the contract spells out the terms and conditions between you and your builder. Without it, if there is a misunderstanding or disagreement, it’s impossible to prove what was agreed upon. Since building a home is much more complicated than a resale transaction where the unit and/or property likely already exists, there is no set Agreement of Purchase and Sale or standard contract for buying a new home. In some provinces, builders may have standard contracts prepared by the local home builders’ association or their new-home warranty program. Builders often prepare their own agreements so contracts can vary from one builder/developer to another and from province to province. Before you sign a contract, review it carefully with the builder and ask questions to make sure you fully understand what it contains. Your next step is to then take it to a real estate lawyer and have it reviewed. Once it is signed, it becomes a legal document and an agreed-upon contract, so seeking the services of an experienced real estate lawyer is an important step toward ensuring that your dream home becomes a reality. SUSAN LEGGE EDITOR-IN-CHIEF

homeTRADER.ca susan.legge@wall2wallmedia.com

Follow me on twitter: twitter.com/SusanLegge

SOLID OPTIONS IN LOWRISE Gains point to strong choices in location, value

T

he recent news (see pages 16 and 20) that lowrise sales in the GTA are making a comeback – or at least did so in January – may surprise at first. But upon closer examination, perhaps it really shouldn’t come as any surprise at all. What partly explains why lowrise sales captured 63 per cent of the market share in January 2012, compared to the same month the previous year, is the cyclical nature of the highrise business; builders typically sell off existing inventory early in the year before launching new projects in the spring. According to the Building Industry and Land Development Association (BILD), GTA lowrise sales in January 2012, at 1,128 units, held their own against the 2011 level of 1,137. What’s less visible in these sales trends is where, specifically, the lowrise growth is occurring – and therefore where the opportunities for buyers are. Statistics from RealNet Canada Inc. indicate most of the increase in lowrise sales occurred in Durham Region, which includes communities such as Pickering, Ajax, Whitby, Oshawa and Uxbridge; and York Region, home to Newmarket, Aurora, Vaughan, Markham and Richmond Hill. Many of these areas are also high performers; in our Outlook 2012 cover story in our Jan. 7 issue, we cited stats from Canada Mortgage and Housing Corp. which pointed out these areas were showing above average price appreciation over the last three years.

WAYNE KARL EDITOR

wayne.karl@wall2wallmedia.com

4 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Follow me on twitter: twitter.com/WayneKarl


MayÀeld Rd. Mississauga Rd.

Pond C

Wanless Drive

Pond

HS

V

Creditview Rd.

oods

Welcome to the Neighbourh

Pond Sandalwood Pkwy C

F

City Park

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Chinguacousy Rd.

Mississauga Rd.

V

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Pond Pond

Cr edi tvi ew

ing here, where Then picture yourself liv nd the corner. everything is right arou

Pond

Mississauga Rd.

It’s here! the Neighbourhoods The Community Plan of y for you. of Mount Pleasant is read trails, ponds, Take a tour of the parks, d channel and nature lookouts, woodlan ing boulevards, wetlands. And the welcom cular designs village squares and specta ill soon call home. that so many families w

E

Bovaird Dr.

Pond

Po nd

Rd .

Love, Mount Pleasant!

Bovaird Rd.

Landscape details are artist’s concept. Map not to scale. E.&O.E. January 2012

Register now at

LoveMountPleasant.com and receive all the latest updates including a larger community map!


Where will your life storey take you?

menkes.com 6 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


Your life storey starts here.

Phase 4 Grand Opening SOMERSET SOUTH

Now Open MILLSTONE ON THE PARK

30', 34', 37' & 42' Detached Homes Salem Rd. N. & Williamson Dr. E., Ajax

Back-to-Back Townhomes Dundas St. W., east of Bronte Rd., Oakville

Starting from $354,990 Visit us at menkes.com 905.428.0500

From the mid $300 ’s Visit us at menkes.com 905.825.3619

Coming Soon THE ENCLAVES OF UPPER CANADA

Coming Soon HUMBER MEWS

Coming Soon BLOOM PARK TOWNS

Semi Links & Detached Guelph St. & MacFarlane Dr., Georgetown Register at menkes.com 416.642.8955

Towns Browns Line & Evans Ave., Etobicoke Register at menkes.com 416.642.8955

Towns Bathurst St. & Finch Ave., North York Register at menkes.com 416.642.8955

Long before the communities are built, we start with an ideal – to create the best lifestyle experience in that neighbourhood, thereby raising the standard for the entire community. It’s how we’ve built an unrivaled reputation as an innovative builder over the last 50 years. And we’ve earned that reputation one storey at a time. Prices and specifications are subject to change. E.&O.E. January 2012. 17265.

facebook.com/MenkesLife

@MenkesLife

menkes.com MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 7


OHBA & BILD 2011 Home Builder Of The Year

Today We Present Great New Home Designs In Hawthorne Village On The Escarpment.

Mattamy Townhomes Offer Plenty Of Room For Entertaining

Today we present newly designed Series l and Series ll Urban Townhomes and Village Homes. You will find our new Urban Townhomes all come with 3 bedrooms and attractive, large kitchens. All our Townhomes are very affordably priced. Hawthorne Village On The Escarpment features parks and playgrounds scattered throughout the neighbourhood right at the foot of the Escarpment. Come and discover why more than 10,000 families have already chosen the friendly, family lifestyle of Hawthorne Village. This is a great time to find your new home in Milton. All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.


NOW OPEN. New Urban Townhomes And Village Homes.

Elev. ‘A’

Village Home, The Currant, Elev. ‘A’, 1,195 Sq.Ft., $266,990

Elev. ‘B’

Elev. ‘C’

Trafalgar To QEW

Winston Churchill

Sales Office

Trudeau Dr.

Village Homes From $256,990 Urban Townhomes From $297,990

James Snow Parkway

Urban Town Series II , Plan 7, Elev. ‘B’, 1,447 Sq.Ft., $308,990

4th Line

Urban Town Series I , Plan 1, Elev. ‘C, 1,523 Sq.Ft., $309,990

Derry Rd. E

www.mattamyhomes.com Presentation Centre Hours: Monday to Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm


CONTRIBUTORS

PAUL GOLINI JR bild report

Paul Golini Jr. is Chair 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, NATIONAL REAL ESTATE

Jacqueline Hill

SALES MANAGER, NEW HOME GUIDE GTA, NEW CONDO GUIDE, HOME DÉCOR & RENOVATIONS

Conni Robinson

ASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE SWO, LIFESTYLE COMMUNITIES

Susan Maxwell

EDITORINCHIEF, NATIONAL REAL ESTATE

Susan Legge

CALUM ROSS, THE MORTGAGE CENTRE mortgage finesse

Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds both a B. Comm and an MBA in Finance. He can be reached at 416.410.9905.

EDITOR

Wayne Karl ART DIRECTOR

Daiana Garay (on leave), Julie Yoo CONTRIBUTING EDITORS

Sara Duck (on leave) Elisa Krovblit Silvana Longo Lydia McNutt

SENIOR ACCOUNT EXECUTIVE

Nina Downs

HENRY CHOO CHONG, CGA taxing issues

Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Send your tax questions via email to Taxing Issues at: choochonghcga@yahoo.ca

SENIOR ACCOUNT EXECUTIVE

Dionne Fraser

SALES & MARKETING COORDINATOR

Terry Bassett

DISTRIBUTION & MERCHANDISING REPRESENTATIVE

Stephanie Moscattini (on leave) Sandra Begenisic, ADMINISTRATIVE ASSISTANT

Maria James (on leave), Antoinette Jackson MANAGER OF PRODUCTION

Bala Gnanapandithan

JAYSON SCHWARZ, SCHWARZ LAW BARRISTERS AND SOLICITORS

PRODUCTION COORDINATOR

legally speaking

GRAPHIC DESIGNERS

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

NATIONAL ACCOUNT MANAGER, MEDIATIVE

Sandra Hanak-Vujnovic

Daniel Mera, Sandra Hanak-Vujnovic Andrea Berry

NEW HOME GUIDE

#500-401 The West Mall, Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ADVERTISING Call 416.626.4200 for advertising rates and

GAIL VAZ-OXLADE

information.

money matters

boxes, stores, banks and financial institutions & select condominium sales offices. 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 Susan.Legge@ wall2wallmedia.com.

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

GLEN PELOSO, GLEN PELOSO INTERIORS

CIRCULATION Free distribution in select high-traffic street

Published by

designer advice Glen Peloso, principal designer of Glen Peloso Interiors, has been designing spaces for commercial, corporate and residential clients for more than 15 years. You’ll recognize Glen as the host of such television design shows as Restaurant Makeover, Take This House & Sell It and Renovate My Wardrobe, to name a few, as well as from speaking engagements at home shows across Canada. glenpelosointeriors.com

10 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

COPYRIGHT 2012 All rights reserved by New Home Guide, Toronto,

Ontario, Canada. 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.Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. Please recycle this magazine! Wall2Wall Media participates in the Partner’s In Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over two million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.


11


12 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 13


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BILD REPORT

LOWRISE NEW HOME SALES

make a comeback — By Paul Golini Jr. —

T

his week, we got the tally of new home sales across the GTA in the month of January from BILD’s source of new home market intelligence, RealNet Canada Inc. Typically, as compared to Januarys of the past, sales are just beginning to take off. Still, a total of 1,794 units is no small feat, especially since most builders use the month to sell off inventory as they prepare to launch new phases and projects in February and March. What’s interesting about the breakdown is that this is the first time in 12 months that the majority of units were sold in our lowrise sector. Lowrise sales totalled 1,128 — a nearly-identical figure to January 2011 sales — while capturing 63 per cent of the market share. Of the lowrise units sold last month, the majority of them were in York Region. It was pretty much the same story in January last year with lowrise sales outpacing highrise sales, and York being the most active region. If you’ve been following my column, you might recall that York Region is also a hot spot for highrise sales. In the months that followed January last year, highrise sales across the GTA increased steadily, and while the city of Toronto had the most units sold last year, York saw highrise sales more than double over 2010. So far this year, York remains desirable, as sales in the highrise sector continue strong, increasing from what we saw last January. I have to say that the dip in highrise sales across the GTA is to be expected in the first month of the new year. Last January, we saw similar statistics, and looking back now, it was just the start of a record-breaking year for highrise

sales. Every month in 2011, highrise sales climbed and the market share flipped. I don’t have a crystal ball (don’t we all wish we did sometimes?), so we’ll just have to wait and see how 2012 sales shape up, but as the market stabilizes over the next few months, what it really means for newhome buyers is more choice. Whether you’re looking for a detached or semidetached home, a townhouse or a condo – this could be your year. One more important result of the January sales numbers is jobs, jobs, jobs. As units are sold and projects move into the next phase of development, our industry mobilizes to turn those floorplans into real-life homes. That’s what I see when I look at our January sales, and the year is only just beginning.

PAUL GOLINI JR. is Chair 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).

16 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 17


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IN THE NEWS

GTA lowrise market

GAINS GROUND T he lowrise sector outsold its highrise counterpart for first time in 12 months this January, the Building Industry and Land Development Association (BILD) has revealed. According to RealNet Canada Inc., BILD’s official source of new home market intelligence, there were 1,794 new homes and condominium units sold in the GTA in January. Lowrise sales amounted to 1,128 sales – a nearly identical figure to that of

JAN ‘12

January 2011 – while capturing 63 per cent of the market share. The highrise sector took an expected dip in January as builders sell off existing inventory before launching new projects in the spring. “This time of year is typically used for developers to sell existing units while agencies put together new marketing campaigns and construct sales offices,” says BILD Chair Paul Golini Jr. “While the 40 per cent decline in the highrise sector might seem like a lot, it follows a record-breaking year in condominium sales, so it’s not a fair comparison.” The continuing trend of activity in the 905 regions carried into 2012, particularly in York, where highrise and lowrise sales both increased by a combined total of 12.5 per cent. The lowrise price index in the GTA rose seven per cent over January 2011 to $551,372 while the highrise price index went virtually unchanged at $445,854.

LOWRISE

HIGHRISE

TOTAL

REGION

2011

2012

% CHG

2011

2012

% CHG

2011

2012

% CHG

Durham

181

217

19.9%

12

3

-75.0%

193

220

14.0%

Halton

215

164

-23.7%

46

24

-47.8%

261

188

-28.0%

Peel

289

264

-8.7%

100

20

-80.0%

389

284

-27.0%

Toronto

47

23

-51.1%

841

485

-42.3%

888

508

-42.8%

York

405

460

13.6%

123

134

8.9%

528

594

12.5%

GTA

1,137

1,128

-0.8%

1,122

666

-40.6%

2,259

1,794

-20.6%

Source: RealNet Canada Inc.

20 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


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TAXING ISSUES

Investment

ISSUES — By Henry Choo Chong, cga —

Q.

Last month, I sold a $500,000 real estate investment that I purchased three years ago for a $120,000 profit. How much tax will I pay? Can I use the losses in my stock portfolio to offset these gains? Ricky, King City

A.

Not a shabby profit on a three-year investment. Real estate continues to set sale and price records, although many experts predict a slowdown and possibility of a price decline. Some factors that could cause a slowdown include an expected increase in interest rates over the next several months, the new harmonized sales tax, new mortgage qualification requirements, changes to MLS and house listings, and affordability by individuals. Pretty well all of these factors will happen. So hold on for the ride. Generally, an individual is taxed on half (50 per cent x $120,000 = $60,000) of a capital gain. A taxpayer in the 40-per-cent tax bracket would pay (40 per cent of $60,000) $24,000 income tax. A common strategy to reduce capital gains tax is to use offsetting capital losses. An unrealized loss from your stock portfolio cannot be used to reduce gains in your real

estate. There must be a disposition or a deemed disposition. The sale of the shares must occur to realize a loss for tax purposes. Therefore, you must sell your shares in order to offset your real estate gains. Excess gains can be carried back three years to recover taxes paid on prior years’ capital gains. However, a gift of shares to a child (a minor) at fair market value would be considered a deemed disposition and may be acceptable to the Canada Revenue Agency (CRA). Another tax benefit from the gifting tax loss shares to children occurs on the subsequent sale of the shares. Any future capital gains are taxed at the hands of the recipient (the child). For 2011, a child with no other income but capital gains of $20,640 would pay no taxes, due to the basic personal tax credits available to all taxpayers. That’s a handsome amount kept in the family. Although, the gifting parent is relieved of capital gains tax, dividends or interest are attributed back to the parent who must report this income, at least until the child turns 18 years old. Taxpayers should proceed with caution before executing these types of transactions or obtain professional advice.

Q.

Am I required to report my foreign investments in another country to CRA? The properties were gifted from my parents five years ago. Maria, Maple

A.

Canadian residents must report foreign property in excess of $100,000, when fi ling their income tax returns. You do not pay tax on this declaration but the amounts must be reported. In the event of a husband and wife, each can own $100,000 worth of foreign property and therefore not report the amounts to CRA.

HENRY CHOO CHONG is a Certified General Accountant. He sits on many committees, and provides accounting and tax advice to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be e-mailed to choochonghcga@yahoo.ca

The opinions and views expressed herein are those of the author and not those of New Home Guide. New Home Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation. 22 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


YOUR

FIVE-STAR

HOME

BUILDER

2 BRAND NEW COMMUNITIES

10th 0th Line

BRAMPTON

Bloomington Rd.

Main St. 10th Line

Stouffville Rd.

19th A Ave.

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Reesor esor Rd.

SALES OFFICE

from

$534,900* ON 38’ LOTS

SALES CENTRE

Hwy. y 7

Highway 50

Gore Rd.

38’ s 47’ s 55’ RAVINE LOTS

Castlemore Rd.

MacVean V Drr.

SINGLES

Countryside Dr. r

Hwy. y 407

FREEHOLD

TOWNS from $382,900*

30 ’ s 36’ s40’ s 50’

SINGLES from $433,900* ON 30’ LOTS

w w w. s t a r l a n e h o m e s . c o m facebook

twitter

*Limited quantities available to qualiďŹ ed purchasers. Prices and information correct at press time. Maps not to scale. Lots may have premiums. All illustrations reect artist impression E.O. & E. Ask a sales rep. for details.


COMMUNITY FOCUS

FIELDGATE HOMES bond lake village

Fieldgate’s Bond Lake NOW UNDER CONSTRUCTION

W

hen it comes to designing exceptional homes, Fieldgate Homes is one of the GTA’s very best. This is a company that is well known for creating homes that stand the test of time – in communities that offer magnificent locations, exceptional home styles and the highest standards of building quality. Fieldgate’s Bond Lake Village community in Richmond Hill is the perfect example. An exciting new release of townhomes, starting from the $389,990 is presently underway. This stunning collection of townhomes at Bond

Lake Village – an established family community located at Yonge St. and Old Colony Rd. offers a variety of all-brick three-storey towns from 1,485 to 1,902 sq. ft. built in a breathtaking ravine setting. There are nine different plans from which to choose, all three-bedroom designs with home offices and great rooms. And what an incredible community! Built around beautiful rolling terrain, forested ravines, lush natural surroundings and the vital amenities of Richmond Hill, it’s no wonder that Bond Lake is such a popular

LOCATION:

HOUSING TYPE:

SALES CENTRE:

Richmond Hill

All-brick three-storey townhomes 1,485 to 1,905 sq. ft. from $389,990

Northwest corner of Bayview Ave. and Old Colony Rd., open Monday to Thursday 1 to 8 p.m., weekends and holidays 11 a.m. to 6 p.m., closed Fridays

CONTACT 905.313.1021 | FIELDGATEHOMES.COM 24 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


25


COMMUNITY FOCUS continued

Holly, 1,758 sq. ft.

community. Bond Lake Village is a true family community – where neighbours know each other by name; the ideal neighbourhood for people who want a beautiful home in an exceptional community. Visit the Bond Lake Village sales centre on the northwest corner of Bayview Ave. and Old Colony Rd. in Richmond Hill. Open Monday to Thursday from 1 to 8 p.m., weekends and holidays 11 a.m. to 6 p.m., closed Fridays. Call 905-313-1021 to speak to a sales representative. Fieldgate Homes is a private family business with three generations working closely together. The company believes that building great communities is as important as building spectacular 26 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

homes. Fieldgate plans its sites with the utmost care to create great neighbourhoods that seamlessly blend with nearby parks, playgrounds and open greenspaces. At Fieldgate Homes, the values that exist at the very heart of the company are the same values that were there when the company first began more than five decades ago. Commitment to quality, uncompromising building standards and a sense of pride that permeates every aspect of their business are hallmarks of Fieldgate Homes. For more information about Fieldgate Homes, visit fieldgatehomes.com


MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 27


2012 EDITION FREE

G=C@ 47@AB

6=;3 1=<2= THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

MORTGAGES

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME " $ $ $ "&&' homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

28 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

N URBA LIVING

what are your

options?


“I am home.” That’s the feeling Rosehaven designs into some of the most unique and desirable homes in Southern Ontario. Homes that are as different as you are. So choose Rosehaven and every time you step through the front door you’ll say, I am happy, I am comfortable…

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Prices and specifications correct at press time. E. & O.E. Prices quoted are in $ thousands.


HOW TO FIND A HOME

The ideal community: FACTORS & FEATURES TO CONSIDER

W

hen choosing a new home, your choice involves more than the home itself. Often, homebuyers are so wrapped up in the home that they forget the importance of the surrounding community. Do you dream of a smaller community that is unique and charming? Or, are you willing to sacrifice peace and quiet to be closer to big-city amenities and other conveniences? Start by making a list of the desired lifestyle factors that are most important to you and your family. Consider location, proximity to work and schools, activities and local attractions in the community. “There are many factors involved in selecting the right community in which to buy your home,” suggests Sandra Webb, a senior executive at Royal LePage Canada. “Deciding what’s important to you and your family is the first step in finding your ideal match.” Knowing your requirements will help narrow your home search and save time. What are the most important amenities for you? Do you want to be close to parks and forests, or restaurants and shops? What types of activities are you and your family likely to be involved with? The answers to these questions will help you determine what type of neighbourhood or community is best for you and help you locate the perfect home. For further insight on buying a home, visit the website at royallepage.ca NC

“THERE ARE MANY FACTORS INVOLVED IN SELECTING THE RIGHT COMMUNITY IN WHICH TO BUY YOUR HOME. DECIDING WHAT’S IMPORTANT TO YOU AND YOUR FAMILY IS THE FIRST STEP IN FINDING YOUR IDEAL MATCH.” 10 IMPORTANT QUESTIONS TO ASK YOURSELF BEFORE YOU BUY: 10 Where will the kids go to school, and how will

they get there? 09 Are there parks, recreation centres, places of worship

close by? 08 Where will you do your grocery shopping? 07 Does the area offer easy access to banks, offices

and services? 06 Is the highway easily accessible? 05 How far away is the nearest public transportation stop? 04 How far are you from work? 03 What are the commuting costs to work, family

and friends? 02 Is there any major development planned for the area in

the future? 01 Can you see yourself living and growing in this

community for the next five, 10, 15 years?

30 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 31


COVER STORY

GREAT SAVINGS CONTINUE DURING THE BLUE RIBBON SALES EVENT IN

MATTAMY’S MOUNT PLEASANT NORTH

M

attamy has earned a great deal of praise for the unique living experience and style of its Brampton community of Mount Pleasant North. Families truly enjoy the well-planned, feature-rich nature of what this standout neighbourhood offers. And for anyone interested in exploring the many benefits of life in Mount Pleasant North, this would be a very good time to visit. Right now, for a limited time only, you can save $15,000 on all detached homes and $5,000 on all townhomes in Mount Pleasant North. The townhomes include air conditioning and three kitchen appliances. This is the perfect time to get connected to the special life of Mount Pleasant North at substantial savings. The Blue Ribbon Sales Event in Mount Pleasant North features a newly designed selection of Village homes, urban and three-storey townhomes, all offering modern, unique designs and savings of $5,000. Mattamy’s detached

32 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

selection includes a wide variety of 30-, 38- and 45-ft. homes all available at Blue Ribbon Sales Event savings of $15,000. Townhomes are available from $254,990 and detached homes from $347,990. Whatever your family requires can be found in Mount Pleasant North. These homes are the result of everything Mattamy has learned about home building in more than 30 years and in building more than 50,000 homes in over 150 communities throughout North America. Diversity of exterior styles and multiple floorplan arrangements make sure that each family can clearly find exactly what best serves their needs. If you’d like to show your family what life is like in this community, we invite you to stop by Mount Pleasant Village, which is adjacent to Mount Pleasant North and go for a stroll. You’ll quickly see the singular benefit of life here. It’s connected to everything you need, all within about a fiveminute walk of your front door.


MATTAMY HOMES mount pleasant north

ENJOY A FAMILY SKATE RIGHT IN YOUR COMMUNITY

PARKS ARE SCATTERED THROUGHOUT THE NEIGHBOURHOOD

When you visit, bring your skates because the open air skating rink in the Village Square is a very popular place to be right now. And as you go for a skate, you’ll see just about everything that makes this a special place to live. Right beside the rink is the neighbourhood library and community centre, and across the street you’ll find a nice selection of local shops and services. The GO station into the city is also just next to the Square and features a restored heritage train station. One of the great features of Mount Pleasant North is the sheer amount of wonderful park spaces and natural features that will be available. A massive greenbelt runs through the community, forming a natural corridor connecting all neighbourhoods. There will be wood lots, waterways, trails, parks, recreation areas and naturalized areas. More than 124,000 trees and shrubs will add to the naturalization and provide sanctuary for songbirds and wildlife. There will be about 30 kilometres of walking/biking trails. All levels of government, working with Mattamy, have created a truly livable community that focuses on the needs of family life. The Building

Industry and Land Development Association (BILD) has honoured Mount Pleasant Village as Project of the Year. And both BILD and the Ontario Home Builders’ Association have named Mattamy Homes 2011 Builder of the Year. It’s fitting that Mattamy would create such a forward-thinking, awardwinning community in the city of Brampton. There’s a strong industrial base, a great school system, superb recreational facilities and an abundance of local shopping, cultural venues, nightlife and fine dining. The time limited Blue Ribbon Sales Event is an attraction that’s hard to beat. Visit the sales centre and save $15,000 on a detached home or $5,000 on a townhome. Purchase your new home right now and when you move in, you’ll find a nice big blue ribbon on your front door. The Mattamy sales centre is located at 6 Worthington Ave., (corner of Bovaird and Worthington), call 905-846-3172. Open Monday to Thursday 1 to 8 p.m.; Friday 1 to 6 p.m.; Saturday and Sunday 11 a.m. to 6 p.m. For more information, visit mattamyhomes.com

LARGE FAMILY GATHERINGS ARE A JOY IN YOUR LARGE KITCHEN MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 33


HOW TO FIND A HOME

HOME OPTIONS

WHICH HOME TYPE MIGHT BE BEST FOR YOU?

I

f you’re about to go through the home-buying experience, particularly as a first-time buyer, no doubt you have a lot of questions in terms of what type of home to buy. What type of homes will you be visiting with the idea of buying? Do you see yourself living in a detached singlefamily home, or perhaps a townhouse? You may have a number of options to consider, depending on your area and your budget.

of the other. The buildings are usually attached in groups of four or more. Each unit has direct access from the outside. LINK OR CARRIAGE HOME: A link, or carriage home, is joined

by a garage or carport. The garage or carport gives access to the front and back yards. Builders sometimes join basement walls so that link houses appear to be single-family homes on small lots. These houses can be less expensive than singlefamily detached homes.

HERE ARE SOME BASIC SCENARIOS TO EXPLORE: SINGLE-FAMILY DETACHED: A single-family detached home

FORMS OF OWNERSHIP:

is one-dwelling unit. It stands alone, and sits on its own lot. This often gives the family a greater degree of privacy.

FREEHOLD: This means that one person (or two, such as joint ownership by spouses) owns the land and house outright. There is no space co-owned or co-managed with owners of other units. Freehold owners can do what they want with their property – up to a point. They must obey municipal bylaws, subdivision agreements, building codes and federal and provincial laws, such as those protecting the environment. Detached and semi-detached homes, duplexes and townhouses are usually owned freehold.

SINGLE-FAMILY SEMI-DETACHED: A semi-detached home is a single-family home that is joined on one side to another home. It can offer many of the advantages of a singlefamily detached home. It is often less expensive to buy and maintain. DUPLEX: A duplex is a building containing two single-family homes, located one above the other. Sometimes, the owner lives in one unit and rents the other. TOWNHOUSE: Also sometimes called row houses, these

homes are several similar single-family homes, side-byside, joined by common walls. They can be freehold or condominiums. They offer less privacy than a single-family detached home, although each has a separate outdoor space. These homes can cost less to buy and maintain, even though some are large, luxury units. STACKED TOWNHOUSE: Stacked townhouses are usually two-

CONDOMINIUM: Condominium ownership means you own the unit you live in and share ownership rights for the common space of the building. Common space includes areas such as corridors, the grounds around the building, and facilities such as a swimming pool and recreation rooms. Condo owners together control the common areas through an owners’ association. The association makes decisions about using and maintaining the common space. Condominium ownership is ownership of a unit, usually in a highrise but can also be a townhouse or in a lowrise.

storey homes. Two two-story homes are stacked one on top Source: Canada Mortgage and Housing Corp. 34 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


Markham

NEW RELEASE Tour our

Professio ally decoratn ed models

DON’T MISS OUT! Discover why over 800 families have made Cornell Rouge their new-home community of choice.

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Singles on 30’, 36’ & 40’ lots with attached garages from

525,990

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Sales office located at the S/E corner of Cornell Centre Boulevard and 16th Ave.

Open Monday to Thursday from 1 to 8 p.m.; Friday by appointment only; Weekends and Holidays from 11 a.m. to 6 p.m. Renderings are artist’s concept.* Specifications are subject to change without notice. E. & O. E. See Sales Representative for details.

35


LEGALLY SPEAKING

AN ISSUE OF

TRUST — By Jayson Schwarz —

DOES ANYONE WEAR A BLACK HAT IN THE RESIDENTIAL BUILDING PROCESS?

I like to think not. Many people worry and ask whether the builder is going to take advantage of them; whether their home will be delivered on time; whether the quality will be as promised; whether the sales agent is truthful or whether they will be deceived later. When purchasing a new home, what can go wrong? The real answer is as follows. When purchasing a new home, the purchaser and the builder are really entering into a partnership, not in the legal sense but on a moral and common sense basis. Like anything in life, there may be good and bad purchasers and good and bad builders, but on the whole, you have two distinct entities coming together for the accomplishment of a common goal. You, the purchaser, want your home to be completed on time and in accordance with the standards represented. The builder wants your home completed on time because he does not need the aggravation of delays, wants to maintain his good relationship with you and every day that goes by he is losing money on interest. Likely he is worried about quality both as a matter of pride in workmanship and in order that you will refer him to new customers. YOU BOTH HAVE THE SAME GOAL  QUALITY COMPLETION OF YOUR HOME

Problems can arise over which the builder has no control. Problems such as trades not showing up, showing up late, materials being delayed, shortage of critical experienced people, are all matters beyond the builder’s ability to simply wave a magic wand and repair. All of these items can and do cause delays, delays that cost everyone. Today, 36 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

because of the large demand for homes, this lack of experienced people to work on the projects can, beyond the delays, result in mistakes and poor workmanship. The builder does not want this but he is caught between the time demands to deliver the home and the need to do it right. “Not our problem,” the purchaser says, but truly the common sense answer is to work with the builder, explaining deficiencies and get them corrected. Generally speaking, material and workmanship quality are high and the builders care. So, what should one do? Use your Tarion inspections to deal with the difficulties. Speak to your builder rationally and respectfully. Almost always the builder will come forward, front and centre, to do the right thing. What is the moral of today’s story? Work with your builder, not against him; recognize you have the same objectives, but continue to protect your rights and safeguard your position with your lawyer and through Tarion. Perhaps the most difficult part of writing these articles relates not the actual writing, but thinking of a topic to address. Visit schwarzlaw.ca or email schwarz@ schwarzlaw.ca and give us your questions, concerns, critiques and quandaries. I will try to deal with them in print or electronic form.

JAYSON SCHWARZ LL.M. is a Toronto real estate lawyer and senior partner in the law firm Schwarz Law LLP. If you have a topic in mind, mail, deliver or fax letters to the magazine or to the firm, email (info@schwarzlaw.ca) and give us your questions, concerns, critiques and quandaries.


dreams

Where and families come together in 3 Superb Communities MARKHAM

MARKHAM

THORNHILL

ND G RANIN G E P O

Detached homes on 30’, 36’ and 40’ lots E

T DECOR A

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from

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from

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from

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905-417-1203

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Hours: Mon-Thurs. 1-8pm, Fridays by appointment, Sat., Sun. & Hol. 11am-6pm. *Specifications are subject to change without notice. E. & O. E. See Sales Representative for details.

37


Live steps to the lake in South Rouge

AC ACTUAL ACT A CTTU C UAL UA AL P A PHOTOS HO HOT HO OTTOS OS O OFF NEI N NE NEIGHBOURING GH OURING GHB N ROUGE VALLEY AND LAKE ONTARIO

38

#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ , 1 * $ , & 3 * / (


Move In This Year! Construction starts this spring at The Courts of South Rouge. Nestled within an enclave neighbourhood of just 26 homes, you can still choose from a fabulous array of all new designs. With the Rouge Valley almost at your door — and the lake, schools, shopping and more just minutes away — The Courts of South Rouge has it all.

Hurry! Only 4 Homes Remain! Ask about our $10,000 bonus package. 47.5 & 50 Ft. Lots

$ from

up to 3,819 Sq. Ft.

LOCATED AT: 375 Kingston Rd At Rougemount Dr.

K

+VE

6H

/MR

'X

RMXI

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DRIVE THE SITE TOD TODAY!

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IZE 8S]R

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0%/) 328%6-3

geraniumhomes.com *Available 4-year term to qualiďŹ ed purchasers. Conditions apply. Prices and speciďŹ cations subject to change without notice. SpeciďŹ c features are as per plan and series. Model home photography may include upgrades. The ENERGY STARÂŽ mark is administered and promoted in Canada by Natural Resources Canada. Used with permission. E. & O. E

39


Relax and unwind at Plaza Premium Lounge Toronto Pearson International Airport Vancouver International Airport

Sit back and enjoy our first class lounges before your next flight. Relax in comfort and escape the airport crowds. Comfortable seating, all day self-serve hot food entrées with soup and salad, self-serve bar, Wi-Fi, showers, magazines, newspapers and TV are all included. When compromise isn’t part of your vocabulary.* *a valid same day boarding pass is required to enter the lounges which are located post-security

3 hours single entry lounge use C$ 35 Tax Inclusive** ** Online bookings only; higher rates apply for walk-in lounge use

Or purchase our Network Lounge Pass 10-Visit Pass US$ 219 Unlimited Annual Pass US$ 399 40 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Book online at www.plaza-network.com or call 416-776-2652 to enquire

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www.plaza-network.com


41


MORTGAGE FINESSE

Do you know how your

MORTGAGE PROVIDER GETS PAID? — By Calum Ross —

I

n all the mortgages that I arrange, I find it surprising how few people actually ask me how I get paid. A recent study in the US indicated that less than 10 per cent of people could properly identify how different types of mortgage providers get paid during the transaction. Don’t you want to know whether that person who is so eager to sign you up has a financial advantage to selling a particular product? You definitely should care – and here is why. Almost every single provider in the mortgage marketplace has a potential financial gain by selling a particular mortgage product and rate. To make matters worse, that financial gain or pat-onthe-back is often gained at the expense of the consumer. Let’s take a look at your main mortgage providers to see what to watch for:

BANK BRANCH MANAGER This friendly and trusted advisor has a sales quota to hit just like everyone else (you did notice that Canadian banks do fairly well financially, right?). Their salary increase, bonus and promotion depends on results. Typically, bank managers have sales quotas for particular products as well as growth targets on the loan/investment portfolios. Their targets are often based on the size of their mortgage portfolio as well as the average term of the portfolio. The longer the term, and larger the size of the mortgage, the better the Christmas bonus. Furthermore, these managers are increasingly being graded on the profitability of these portfolios. When you go to your old bank branch and it has moved to a new location, where do you think one of the bank managers went? Which one do you think they kept with the bank? The one with the great discounted loans and mortgage rates, or the one that is making the bank the most money? BANK MORTGAGE REPRESENTATIVES These are typically contract employees of the bank who are usually paid on a straight commission basis. Most only sell one bank’s mortgages, while some sell several. The ones that sell other bank’s products are often only permitted to do so once they have met a quota of their own bank’s 42 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

products. These individuals are usually paid based on three criteria: the size of the mortgage, the term of the mortgage and the discount given. That means that these representatives can make more money by putting you in a longer term at a higher rate. MORTGAGE CONSULTANTS/MORTGAGE BROKERS These people are independent mortgage providers that theoretically work for you and not for one particular bank. They are paid a finder’s fee (or commission) from the institution that the mortgage is funded with. The problem is that not all banks are paying the same amount for each of the mortgage products. The lenders pay brokers based on the size of the loan and the term selected. The longer the term selected, the bigger the commission to the broker. On top of the different payoffs for the terms, some lenders also pay more for the same product. A broker could make more money funding a five-year term through one lender over another. Typically, there is no advantage to the broker if the consumer gets a higher rate, but there are exceptions to that rule. So now that you know how it works, who do you trust? When you go mortgage shopping, don’t believe that everyone is out to get you. While the incentive systems are there, many mortgage providers will look out for your best interest. A satisfied past client that refers family, friends and colleagues is worth a lot more than one big commission payout. Do your research, ask for testimonials, or ask your friends. A mortgage is a huge financial decision. Make sure it is a decision being based on your financial situation, and not your mortgage provider’s bank account. CALUM ROSS is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.


Ranked the #1 Team in Canada

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MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 43


MONEY MATTERS

ThIf thee mere dreaded B-word mention of the word “budget” makes you groan, maybe you haven’t given this old idea a fair shake — By Gail Vaz-Oxlade —

T

rying to get through life without a budget is like trying to drive a car with no steering wheel. You can lurch your way along, jamming on the breaks every time a threat looms, or you can put the pedal to the metal, but the whole time you’re careening down the road you’ll be worrying about what you’re going to hit. And if you’ve got any passengers, there will be some mess to clean up when you finally reach your destination. Everyone I know who lives on a budget couldn’t get by without it. And it seems it’s only the people who refuse to make a plan who end up bellyaching about getting to the end of the money before they get to the end of the month. If you were building a house, you wouldn’t dream of using an architect who declared, “Relax. I’ve done this before. I promise I’ll put everything in the right place.” Noooo. You’d insist on seeing some drawings. And here’s why you should, as the architect of your financial house, draw up a budget. Whether paper-based or electronic, the discipline of managing your budget will help to keep you organized. Annual bills, like car insurance, won’t surprise you, sending shock waves through your cash flow. And unexpected expenses, which have a category in a spending plan, won’t throw you for a loop. A spending plan is made up of two parts: income and expenses. Income is the money that comes in: your salary, commission, dividends or interest income, alimony, child support, pension, or disability income. It doesn’t include money you think you might get. So, if your bonus is not guaranteed, don’t include it in your budget. Keep it in reserve to boost your RRSP or take you to the sunshine next winter.

44 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Expenses are the items you have to pay for monthly. (Divide annual bills, such as insurance, by 12 to come up with a monthly amount.) The best way to figure out your expenses is to look at what you’ve been spending. Collect your bank statements, credit card bills, and whatever other records you have of where your money went over the past year. Put each bill in an appropriate category – utilities, food, clothing, childcare, gifts. Total the figures for each category and divide by 12. That’s your monthly average. Add the categories together. That’s what you’ve been spending. Now, for all you toads out there who can’t gather together two months’ worth of paperwork, never mind a year’s worth, here’s the other way to make a budget: You can use the nifty Gail’s Guide to Building a Budget along with the even niftier Gail’s Interactive Budget Worksheet, available on my website at gailvazoxlade.com If you think you can keep flying by the seat of your pants forever, good luck with that. If you’ve decided to take control of your financial future, congratulations. Create a budget that balances and you’ve taken the first step to making your money work for you.

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


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MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 45


MARKET RESEARCH

The winners in 2011:

GTA NEWHOME BUILDERS — By Lloyd Martin & Mark Jin —

L

ast year proved to be another banner year for the new lowrise housing market. The total market area witnessed 19,844 new home sales in 2011, which is 94.5 per cent of the Trimart forecast. This is an increase of 0.6 per cent over the 19,724 sales realized in 2010. Lowrise sales continue to show solid gains, achieving 892 sales in December. Despite serious lot shortages, planning delays and price pressure, the industry rallied to achieve this successful performance. By December 2011, The Top 20 builders realized 51 per cent of all lowrise year-to-date sales. The 2011 top builder goes to Mattamy Homes, with 2,011 sales, largely the result of sales at the Hawthorne Village site in Milton and Mount Pleasant North in Brampton. Fernbrook Homes takes second place with 729 sales and Aspen Ridge Homes in third place with 651 sales. Monarch Homes takes fourth place with 649. At year end, six top builders were in a close range between 555 to 651 annual sales. (See Figure 1). Overall, the end of 2011 brought good news for the new housing market where the new home industry was successful in introducing new types of product urban town homes and the four- and five-storey midrise residences which are gaining in stature, design, consumer acceptance and affordability. Despite lot shortages and price pressure, many new-home builders were able to achieve higher sales volume through aggressive marketing programs that accelerated the Total Market Area sales for the third consecutive year. (See Figure 2). In 2011, the total market witnessed an increase of 31 per cent more openings and releases compared to the previous year with more than 80 new openings and releases already scheduled for 2012, the market will continue to realize growth. In addition, the Bank of Canada will maintain its low interest rate with the Banks rapidly following with historically low mortgage rates. This affordability, coupled with new affordable product, will set the stage for further new home sales growth in 2012. According to a recent report from BMO Economics, sales will show positive activity, stable prices are anticipated throughout 2013, and low interest rates maintain affordability, allowing household income to catch up with prices. Strong sales will continue in Alberta, Saskatchewan, Newfoundland and Labrador, as well as in Toronto, Montreal, Winnipeg, Halifax and Ottawa with previously red-hot Vancouver softening. The report added that while household debt in Canada has been a point of concern, debt levels relative to income are not as troublesome as some suggest and will likely not trigger a severe market correction. Contrary to some reports, Canadians have nowhere near the debt burden of Americans at the peak of the housing bubble. Even today, after four years of US deleveraging, household debt ratios are lower in Canada.

46 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

TOP TEN BUILDERS 2011 YTD SALES 0

500

1,000

1,500

2,000

MATTAMY HOMES FERNBROOK HOMES ASPEN RIDGE HOMES MONARCH HOMES COUNTRYWIDE HOMES TRIBUTE HOMES GREENPARK HOMES GREAT GULF HOMES STARLANE HOMES BROOKFIELD HOMES

1: Top 10 builders: lowrise new home sales in GTA for 2011

ANNUAL SALES COMPARISON 25000

20000

15000

10000

5000

0

2008

2009

2010

2011

2: Year-over-year lowrise new home annual sales in GTA

Watch for our next report, which will discuss continuous stimulus of the new housing market. The market will be reinforced by many significant openings, and it will include the exclusive Trimart 2012 Forecast with summary of sales and site leaders for 2011. LLOYD MARTIN is principal with Trimart Management Corp., with 30 years in the business. His industry knowledge and professional experience leads the Trimart team to provide exceptional service and sales results. He can be reached at 905.660.7788

MARK JIN is Market research manager at Trimart Research Corp. He can be reached at 905.660.7788 or mark@trimart.ca


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IN THE NEWS

Canadian talent and excellence in sales, marketing and design recognized at

The Nationals in Orlando LOCAL BUILDERS, MOVERS AND SHAKERS STEAL THE SHOW

O

nce again, Canadians took the lead in showcasing the year’s most outstanding work in the fields of residential real estate sales, marketing and design in North America at the The Nationals, a sales and marketing awards gala held annually in the US at the International Builders’ Show (IBS). Hosted by the National Association of Home Builders (NAHB) in Orlando, the event attracted more than 500 building industry professionals during the 2012 IBS. A diverse panel of industry professionals from across the country selected the Gold award winners from more than 700

PICTURED TOP

Andrew Brethour, surrounded by several members of the PMA Brethour Group team, holds his Legends of Residential Marketing Award PICTURED LEFT

Design firm and decor studio, Decorenza and builder Signature Homes with their awards 48


entries. This included entries from local builders such as Monarch, Pemberton, Empire Communities, Lifetime Developments, Brandy Lane Homes, Lanterra Developments, Lindvest Properties Ltd., Andrin Homes, The Daniels Corp. and related associate companies such as In2ition Marketing, BILD, Montana Steele Strategic Marketing, LA Inc., Mike Niven Interior Design, Decorenza and Toronto Star. This year, proud Canadian Andrew Brethour of PMA Brethour Group received the Legends of Residential Marketing Award, which was instituted in 1992 to honour builders and consultants who stand apart as leaders in the field. The Legends are selected for their professional commitment to the industry and for their new-home community marketing innovations. Several Toronto-area builders and industryrelated companies also received Silver awards for their projects and innovative excellence. A few of the Canadian Silver and Gold award winners are highlighted here. For a complete list of The Nationals award winners, please visit thenationals.com.

PICTURED FROM TOP LEFT

Representing several Toronto-area builders, two agencies – LA Inc. (top right) and Montana Steele Strategic Marketing (right) – walked away with many of the evening’s Gold awards PICTURED BELOW

Liberty Developments (below) won a Building Industry Community Spirit Gold Award and Special Award of Excellence for its Markham Stouffville Hospital Expansion Campaign, while In2ition, BILD and Toronto Star (below right) won the Building Industry Community Spirit Gold Award for the Race for Humanity

49


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If you missed picking up this year’s issue, call 416.626.4889 to receive your FREE copy!

homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

50 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


March 3 - 17, 2012

Showcasing new homes in the GTA’s west region

IN THIS SECTION

• Maps and listings for new-home communities in the west region • Builder news and the latest in new homes in the west region


52

K

J

I

H

G

F

E

D

C

B

A

1

2

3

west region:

24

4

26

5

Mississauga

6

7

27

8

9

10

11

12

13

14

16

17

18

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

15

19


Derry Village Mississauga

905-795-8307

27

DEZEN HOMES

Ravines on Fletcher’s Creek

905-814-7846

1

BEAVERHALL HOMES

Shipp Place

905-896-1877

4

CONSERVATORY GROUP

Central Park North

905-890-0195

7

THORNRIDGE HOMES

Forest of Eden Clarkson Village

905-855-9393

9

REMINGTON HOMES

The Neighbourhoods of Churchill in Erin Mills

905-607-0660

9

BOND HOMES

The Neighbourhoods of Churchill in Erin Mills

416-625-3729

9

REGAL CRAFT HOMES

The Neighbourhoods of m

905-828-7888

14

EDEN OAK

Estates of Credit Ridge

edenoak.com

17

GREAT GULF HOMES

Garden Villas Three

905-858-7522

19

DEZEN HOMES

McLaughlin

905-696-7938

23

DUNPAR HOMES

Park View Trail

416-253-5888

24

BREMONT HOMES

Derry Chase

289-997-5571

26

BRANTHAVEN HOMES

Royal Britannia

1-877-912-9292

Price Range

from $490,000

63

8B

from $695,000

67

8B

from $590,000

9G

from $465,000

7F

from $410,000

5K

from $305,000

4F

from $516,000

4F

from $305,000

4F

from $450,000

8I

from $282,000

4E

from $544,000

8B

from $449,000

11F

from $290,000

4D

from $390,000

5E

Page No.

Mississauga

FOREST HILL HOMES

Tel

west region:

20

Site

Fi Map nd er

De ta Se ch m ed To i w Co nho nd m o e

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53


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34

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Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

sid

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Price Range

• • • • • • • • • • • • • •

• •

from from from from

• • • •

• • •

from $350,000 from $370,000 from $483,000

• • •

• • • • • • • • • • • • • • • • • • • • • • • • • •

• • • • • • •

• • •

• • •

• • • • • • •

• • •

• •

• •

• •

• • •

• •

• • •

• • •

$341,000 $420,000 $616,000 $255,000

from from from from from from from from from from

$410,000 $400,000 $400,000 $490,000 $490,000 $310,000 $495,000 $258,000 $290,000 $296,000

from from from from from from from from from from from

$250,000 $346,000 $258,000 $258,000 $406,000 $500,000 $460,000 $292,000 $350,000 $350,000 $434,000

from from from from from from from from from from from from from from from from from from from from from from from from from from from from

$250,000 $500,000 $504,000 $350,000 $550,000 $550,000 $190,000 $436,000 $690,000 $290,000 $334,000 $230,000 $270,000 $285,000 $270,000 $270,000 $520,000 $350,000 $310,000 $485,000 $270,000 $600,000 $355,000 $600,000 $270,000 $300,000 $310,000 $350,000

from $450,000 from $450,000 from $410,000 from $710,000 from $250,000

Page No.

11 8M 1 9M 69 10J BC 6P 67 9M 73 8K 1 7Q 71 11K 5 6P 5 6P 12&13 9K Insert 9O 65 8P 5A 9L 8O 9K 9M 9M 9M 9M 9M 9M 9M 9M 11L 11L 11L 6O 6N 6N 3D 10K 6P 7Q 7Q 7Q 7P 7P 8L 11K 11K 8L 9Q 5B 8M 10K 7O 7O 8K 6M 6M 11K 11K 6P 11L 5H 7O 10K 6P 11K 6Q 7Q 7Q 7P 7P 10K 3C

Brampton, Caledon, Bolton

Tel

905-893-3331 905-792-5118 905-793-5607 905-846-3172 AndrinTowns.com 905-584-2225 905-216-5155 acornhomes.ca lovemountpleasant.com LoveMountPleasant.com 905-770-7002 fieldgatehomes.com 416-798-7070 519-307-0566 905-794-9981 416-938-3804 905-794-5551 905-792-5118 416-746-1234 905-790-7321 905-789-6523 905-792-5118 countrysidemeadows.ca 905-792-5118 905-792-5118 416-410-0175 905-913-0158 416-322-3300 905-456-9398 905-799-0080 905-799-0080 Credit Springs 519-938-8449 Rivers Edge starlanehomes.com Walnut Grove in Spring Valley 905-455-2725 Copper Ridge 905-874-0195 Cobblestones 905-874-0195 The Estates of Credit Ridge 905-457-6841 The Estates of Credit Ridge ballantryhomes.com The Estates of Credit Ridge royalpinehomes.com Rosedale Village Golf & Country Club 905-799-5000 Estates of Valleycreek 905-794-0211 Estates of Valleycreek 416-736-6500 Willow Creek 905-840-3102 Terracotta Village at The Credit Valley 905-874-4741 Hansen Highlands 905-638-1111 Harvest Bramalea 905-996-0996 Castlemore Crossing 905-794-0366 Brampton 905-450-9984 Spring Valley 905-450-9984 Ravines of Castlemore 905-794-8875 Strawberry Fields 905-843-0707 Strawberry Fields 905-843-8989 Castlegate Castlemore 416-386-4726 Castlegate Castlemore 416-386-4726 The Estates of Credit Ridge 905-459-0611 Castlemore greenparkhomes.com Adena Ridge 905-584-6444 Fletchers 905-450-9984 Caslemore Crossing 905-794-3398 Timberbank Manors 905-230-4663 Castlemore Crossing 416-410-9111 The Estates of Credit Ridge 416-410-9111 Credit Manor Heights yourkingdom.ca Credit Manor Heights yourkingdom.ca The Estates of Credit Ridge 416-497-5005 The Estates of Spring Valley 905-216-4806 Riverstone’s Rivers Edge 416-410-0175 Meadowlands 519-942-3312

west region:

Site Landscapes Countryside Meadows Castlemore Crossing Mount Pleasant North Turnberry Townhomes Pathways Credit Manor Heights Castlegate The Neighbourhoods of Mount Pleasant The Neigbourhoods of Mount Pleasant Castlemore Valley Lands Credit Valley Manors Masters Creek Estates The Huntclub Of Castlemore Brownstones of Old Brampton Rivers Edge on Gore Road Gates of Countryside Gates of Countryside Gates of Countryside Gates of Countryside Gates of Countryside Countryside Meadows Gates of Countryside Gates of Countryside Mountainview Heights Rivers Edge Riverstone Golf & Country Club Fletcher’s Meadow Country Trail

Fi Map nd er

Builder TRIBUTE COMMUNITIES ASPEN RIDGE HOMES GREAT GULF HOMES MATTAMY HOMES ANDRIN HOMES BROOKFIELD HOMES ASPEN RIDGE HOMES ACORN HOMES ROSEHAVEN HOMES TOWNWOOD HOMES PRIMONT HOMES FIELDGATE HOMES MERIDIAN HOMES HIGHCASTLE HOMES GOLD PARK HOMES VANDYK GROUP OF COMPANIES GEORGIAN HOMES ASPEN RIDGE HOMES NATIONAL HOMES STARLANE HOME CORPORATION TOWNWOOD HOMES COUNTRY WIDE HOMES REGAL CREST HOMES GREENPARK HOMES ROYAL CLIFF HOMES ROSEHAVEN HOMES TOWNWOOD HOMES CACHET & SEQUOIA STANFORD HOMES DEZEN HOMES DEZEN HOMES BERKSHIRE HOMES STARLANE HOME CORPORATION CONSERVATORY GROUP H&R DEVELOPMENTS H&R DEVELOPMENTS ROYALPARK HOMES BALLANTRY HOMES ROYAL PINE HOMES PEMBERTON GROUP STARLANE HOME CORPORATION H&R DEVELOPMENTS ARISTA HOMES HEATHWOOD HOMES COUNTRY GREEN HOMES ASPEN RIDGE HOMES GOLD PARK HOMES DELPARK HOMES DELPARK HOMES FOREST HILL HOMES MONARCH CORPORATION COSCORP INC. H&R DEVELOPMENTS COUNTRY HOMES LAKEVIEW HOMES GREENPARK HOMES OXFORD HOMES DELPARK HOMES MARYDEL HOMES FALCONCREST HOMES MOSAIK HOMES MOSAIK HOMES REGAL CREST HOMES COUNTRY WIDE HOMES FALCONCREST HOMES MOSAIK HOMES ROSEHAVEN HOMES DEVONLEIGH HOMES INC.

De ta Se che m d To i w n Co ho nd me o

# Si te IFC-Inside front cover; IBC-Inside back cover

1 6 8 9 38 45 48 51 55 55 60 62 64 2 3 4 5 6 6 6 6 6 6 6 6 7 7 7 10 10 10 11 12 13 14 14 15 16 16 17 20 20 22 25 28 29 30 31 31 32 33 33 34 34 35 36 37 37 43 44 46 47 48 48 49 50 57 58

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20


Price Range

Page No.

5

FIELDGATE HOMES

Milton Trails

fieldgatehomes.com •

from $400,000

25

9H

17

MATTAMY HOMES

Hawthorne Village

905-875-2692

from $257,000

8&9

9G

33

MENKES

The Enclaves of Upper Canada

416-642-8955

6&7

9C

2

GREAT GULF HOMES

Edgewood

905-356-9408

from $289,000

12Q

3

DOUBLE OAK HOMES

Silver Creek Hollow

905-702-8388

from $600,000

9D

4

CONSERVATORY GROUP

Milton Heritage Homes

905-875-1953

from $275,000

9G

5

ARISTA HOMES

Milton Trails

905-864-3306

8

SUNFIELD HOMES

Spring Creek

905-690-6596

from $290,000

8M

8

EDEN OAK

Spring Creek

905-844-6215

from $238,000

8M

8

EDEN OAK

Spring Creek

905-844-6215

from $238,000

8M

11

TOBYN PARK HOMES

Village of Walkers Green

905-319-8455

from $270,000

11L

12

SUNDIAL HOMES LIMITED

Alton Village

905-319-0384

from $250,000

10K

13

HEATHWOOD HOMES

Traditions

905-876-3140

from $370,000

8H

13

LAKEVIEW HOMES

Morrison Village

1-888-746-2999

14

COSCORP INC.

Milton Brook

www coscorp.ca

15

ROSEHAVEN HOMES

Waterdown Meadows

waterdownmeadows.com •

15

ASPEN RIDGE HOMES

Waterdown Meadows

905-690-2324

18

PARKBRIDGE LIFESTYLE COMMUNITIES INC.

Antrim Glen

1-800-856-4318

20

PARKBRIDGE LIFESTYLE COMMUNITIES INC.

Cherry Hill at Vineland

22

COUNTRY GREEN HOMES

Park Place Village

24

9H

• •

11R from $386,000

9H 8M

from $330,000

8M

from $250,000

1O

1-800-479-9777

from $250,000

12R

905-690-7600

STARLANE HOME CORPORATION Maplewood Meadows

416-736-6500

26

EDEN OAK

Weaver’s Mill

weaversmill.com/nh

27

NORTH STAR HOMES

Valleygreen

northstarhomesinc.com •

28

INTRACORP

Foothills

905-864-8997

32

STARLANE HOME CORPORATION Mountainview Heights

8M

from $304,000

9G

from $290,000

6B

from $310,000

9H

from $490,000

8H

starlanehomes.com •

from $428,000

9M

from $696,000

5Q

34 PHELPS HOMES

Lakeside Estates

phelpshomes.com •

35 PHELPS HOMES

Jordan Village

phelpshomes.com

from $345,000

9R

36 PHELPS HOMES

Brookside

phelpshomes.com

from $236,000

7R

37 PHELPS HOMES

Streamside

phelpshomes.com •

from $316,000

6R

38 PHELPS HOMES

Magnolia

phelpshomes.com •

from $400,000

7R

Acton, Halton Hills, Milton, Burlington, Waterdown

west region:

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57


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15

MENKES

Millstone On The Park

905-825-3619

1

ORCHARD RIDGE HOMES

Tanglewood

905-469-9338

3

DAWN VICTORIA HOMES

North Morrison House

905-822-5000

8

FERNBROOK HOMES

Bronte Creek

905-847-6377

8

LEGEND CREEK HOMES

Bronte Creek

905-827-6441

8

BRANTHAVEN HOMES

Bronte Creek

905-847-5376

8

MONARCH CORPORATION

The Manors a Bronte Creek Enclave 416-495-3563

8

MONARCH CORPORATION

Bronte Creek

monarchgroup.net

9

NATIONAL HOMES

Glen Abbey at Westmount

416-746-1234

9

CENTURY GROVE HOMES

Upper Glen Abbey Estates

905-465-1379

14

TRIBUTE COMMUNITIES

The Courtyard Condominium Residences

905-257-6200

16

ROSEHAVEN HOMES

Woodland Trails

liveinoakville.ca

17

STARLANE HOME CORPORATION Woodland Trails

starlanehomes.com

Price Range

from $350,000

6&7

3G

from $300,000

3G

from $540,000

7D

from $550,000

3G

from $410,000

3F

from $470,000

3G

from $700,000

3G

3G

4G

Page No.

from $470,000

3G

from $260,000

5D

from $420,000

4D

from $391,000

4D

Oakville, Cambridge

Tel

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Site

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Builder

59


60 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


MISSISSAUGA

Prime Mississauga Location

Sensational Semis & Singles View our Decorated Model Homes Today!

The Celebration Model

Featuring t DFJMJOHT PO NBJO MFWFM t $BTFNFOU XJOEPXT t $MBTTJD CSJDL FYUFSJPST t 6QHSBEFE USJN QBDLBHF t 4QBDJPVT CFESPPN EFTJHOT t 1SFNJVN MPUT

498,990

$

Semis starting from

from 1,701 sq.ft.

THOUSANDS IN EXTRAS INCLUDED * On East side of McLaughlin Rd., just N. of Derry Road

foresthillhomes.ca 905-795-8307

Natural Oak Stairs Central Air Conditioning Hardwood Package in Living Room & Dining Room Pot Light Package Double Sinks in Main & Ensuite Bath LIMITED TIME OFFER

Hours: Mon. - Thurs. 1pm - 8pm, Fridays by appt, Sat., Sun. & Hol. 11am - 6pm "T QFS BQQMJDBCMF #POVT BOE n PPSQMBO BQQMJFT UP m SN QVSDIBTFT POMZ CFUXFFO .BSDI TU "QSJM UI .BZ OPU CF JODMVEFE JO m OJTIFE JOWFOUPSZ IPNFT 4FF TBMFT SFQSFTFOUBUJWF GPS EFUBJMT "MM SFOEFSJOHT BOE QIPUPHSBQIT BSF BSUJTU T DPODFQU 5P CF WBMJE #POVT NVTU CF JODMVEFE JO BO BDDFQUFE "HSFFNFOU PG 1VSDIBTF BOE 4BMF 1SJDFT QMBOT TQFDJm DBUJPOT BOE CPOVTFT BSF TVCKFDU UP DIBOHF XJUIPVU OPUJDF & 0 &

61


COMMUNITY FOCUS

Expect big things from

Primont in 2012 O

ver the years, Primont Homes has established itself as one of the premiere home builders in the GTA. With a number of exciting new communities on the roster for 2012, Primont seems poised to build on its already sterling reputation in the coming year. Primont’s continued position as a leader in the industry can largely be attributed to this home builder’s steadfast commitment to its core values of quality craftsmanship, customer care and the unyielding pursuit of professional excellence. The team at Primont knows that if it builds homes with pride, then homebuyers are sure to be proud to live in them. That’s why Primont is meticulous in its attention to detail at

62 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

every single stage of development – from community planning, to home design and beyond. Primont’s year is already off to a great start with the opening of a new release in Brampton’s iconic Castlemore Village. At Castlemore, potential homebuyers are sure to be impressed by the fine selection of stunning towns, semis and 36-, 40-, 50- and 65-ft. singles. This incredible northeast Brampton community offers inspiring vistas overlooking the West Humber ravines and Claireville conservation area. This natural setting is ideal for nature lovers, who can step out their front doors and enter into a world of hiking, cycling and more. Residents of Castlemore can also delight in


PRIMONT HOMES multi-site

the incredible combination of natural beauty and urban convenience, with Bramalea City Centre and a fine array of shops, schools, plazas and parks – all just minutes away. With homes starting from just $409,900, it’s never been a better time to make the move to this highly prestigious community. In Markham, Primont continues the success of its wildly popular Heirloom community with the grand opening of a new collection of manor townhomes. Heirloom Town Manors will offer an impressive selection of heritage-style freehold townhomes, starting from the very reasonable price of $379,900. The list doesn’t stop there, with another exciting new release coming soon to one of Primont’s finest Markham communities. Located right across from South Unionville Square, Harmony is an exclusive family community of stylish executive townhomes. The breathtaking homes in this established neighbourhood

THE TEAM AT PRIMONT KNOWS THAT IF IT BUILDS HOMES WITH PRIDE, THEN HOMEBUYERS ARE SURE TO BE PROUD TO LIVE IN THEM. offer homebuyers the rare opportunity to live in one of South Unionville’s most desirable areas. Primont will round out the year this fall with the opening of exciting new communities in Brampton and Richmond Hill. Brampton’s Mount Pleasant North will offer breathtaking towns and stunning two-car-garage singles in a beautifully planned neighbourhood atmosphere. Richmond Hill’s Bayview and 19th community will offer a great selection of executive 36- and 40-ft. singles on extra-deep lots in a highly exclusive enclave community. With so many great communities on the rise this coming year, it’s easy to see that Primont is a great choice for new homebuyers in 2012. For more information about any of these communities, visit primonthomes.com

LOCATION: Brampton, Markham

HOUSING TYPE: Brampton, selection of stunning towns, semis and 36-, 40-, 50- and 65-ft. singles; Markham, heritage-style freehold townhomes

CONTACT PRIMONTHOMES.COM

MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 63


DESIGNER ADVICE

Bathroom trends

to make a splash — By Glen Peloso —

T

he bathroom has had a long history and when you’re at a cottage with no indoor plumbing, you develop a whole new appreciation for that room. Essentially, the elements haven’t changed much over the years – a toilet, a sink, a tub and or shower, some storage. There is no doubt, however, that the way we organize those elements and what’s new in the world of bathrooms evolves year after year. The basic rules of form following function never change, and it is always important that you create a great plan, for fashion and function purposes. Before you get excited about all the new features that can be incorporated into the bathroom, determine what is most important to you and your family. You may find, for example, that members of your household prefer to shower as opposed to bathe, and as a result, you want to spend the majority of your “trend/ splurge” dollars on the shower. As a general trend, we are seeing the bathroom being tiled from floor to ceiling, all around the room or at the very least, a tiled feature wall. In the past, people might have tiled

only the walls in the shower and left the rest of the walls painted. But with the increased popularity of fully glassed-in shower stalls in order to keep the room looking as large as possible, it is now much more common to tile the shower stall and then continue that finish straight across the room onto the next wall. This is the less-expensive version of tiling the entire room from top to bottom. There are certainly many interesting damask patterns in tiles that look like wallpapers, but offer more durability. As many past trends in home design are experiencing a revival, we are again seeing lots of white and grey marble in the bathroom, both in countertops and tiles. Tiles like Carrara marble have made resurgences although this particular material has been around since the construction of St. Marco’s Cathedral in Venice. In the tile department, the sizes of marble tiles have increased dramatically since the last time they were popular. In the past, a six-by-six-in. tile may have been all the rage. However, we now are seeing tile sizes such as 12-by-24-, 24-by-24- and as large as 36-by-36in. The advantage of the larger format is that it allows for a Continued on pg.66

64 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


65


DESIGNER ADVICE continued

TILES LIKE CARRARA MARBLE HAVE MADE RESURGENCES ALTHOUGH THIS PARTICULAR MATERIAL HAS BEEN AROUND SINCE THE CONSTRUCTION OF ST. MARCO’S CATHEDRAL IN VENICE. smaller grout line and more tile surface. As I like to say, it used to be “a story about grout” and now the tiles take centre stage. Underfoot, the shock of bare feet on cold tiles has gone the way of the once-a-week bath – in other words, it’s rare. With companies such as NuHeat creating both off-the-shelf products and custom-made heating mats, today’s bathroom floors pamper your feet. The wall-mounted controls allow you to schedule when you want the floor heater to turn on, much like a furnace. You can even heat the stone seating in the shower – now, that’s a hot seat! Combine the heated floor with heated towel warmers, and you may never leave the bathroom. If it has been some time since you looked at plumbing fixtures, you will be amazed at the structural shapes of tubs, with high backs and lower front edges or a double back with central drain, Japanese-styled soaker tubs and tubs shaped like a large bowl. When it comes to the toilet, there is everything from basic to “complete service” with automated lids, heated seats and a built-in bidet with air-drying and self-flushing function. The only thing it doesn’t do, is get you the paper! Faucets are available in a variety of shapes, sizes and finishes to suit any taste. They are also available in touch-free models for residential applications. Electronics have also made their way into the room, with televisions set behind mirrors and surround sound installed in the ceiling scape. Try not to be overwhelmed with the vast selection, and when you’re ready to shop, head out with a plan and a budget in mind. Finally, the room is there to house a toilet and to allow you to get ready in the morning. Beyond that, it’s all the luxury you want. The trends in these kinds of rooms tend to last for many years before they change, so feel free to treat yourself to a few fun things but never lose sight of what your budget is. Happy showers!

GLEN PELOSO, design editor at Home Décor and Renovations and principal designer of Glen Peloso Interiors, has been designing spaces for commercial, corporate and residential clients for more than 15 years. You’ll recognize Glen as the host of such television design shows as Restaurant Makeover, Take This House & Sell It and Renovate My Wardrobe, to name a few, as well as from speaking engagements at home shows across Canada. glenpelosointeriors.com

66 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


COMING

SOON

Artist Concept

TOWNHOMES BY THE GOLF COURSE IN BRAMPTON

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REGISTER NOW: An dr i nTo w n s. c o m MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 67


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Final Release of Lots at Highway 50 and Castlemore in Brampton!

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40 ft. detached homes 2,850 - 3,600 sq. ft. from

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Hwy. 427

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GREATGULF.COM Prices and specifications subject to change without notice. E. & O.E. All square footages are approximate. Actual usable space varies from stated floor area.

69


TREND SPOTTING

OFFTHEWALL — By Elisa Krovblit —

Looking at wall décor, I’m starting to see more than your typical pretty pictures, matted and framed and formally hung. Pieces don’t just quietly cling to the walls, they’re becoming tactile, dimensional – coming off the wall and into the room – and I love the interaction! Sculptural elements are created through carving, printing on glass and metalwork – or through mixing media with unconventional elements, like hardware. Artists are also layering text onto the canvas, allowing pieces to tell their story. Try pieces like these to make your walls a little more interactive!

PJATTERYD Heart Street $59 VISIT IKEA.CA

Red Dazzle Mirror $119 VISIT PIER1.CA

Designer: Alan Wisniewski Garden Wall Decor $40 VISIT UMBRA.COM

Vintage Eye Charts: Letters $345 TO $595 VISIT RESTORATIONHARDWARE.COM

70 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Artist: Christopher Hayes, Rocket Large $250 VISIT ARTINTERIORS.CA

Dark Leaf Metal Wall Art $199 VISIT SEARS.CA


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AcornĘźs new standard of homes in Brampton continues to excite homebuyers. Families love AcornĘźs innovative home styles, exquisite standard appointments and, of course, CastlegateĘźs unbeatable location close to parks, schools and shopping. Visit us today and see the Acorn difference for yourself.

50

Hours: Mon. - Thur. 1pm - 8pm, Sat. & Sun. 11am - 6pm, Closed Fri.

Illustrations are artist concept. All quoted prices and specifications are subject to change without notice. E.& O.E.

71


Fall 2011 | FREE

A look at Ontario's top

ACTIVE-ADULT COMMUNITIES

hot

TRAVEL DESTINATION FOR THE COMING COLD SEASON

Design · Decor · Lifestyle · Travel

Focused on resort and golf course communities for today’s active adults. AVAILABLE THROUGHOUT THE GREATER TORONTO AREA AND SOUTHWESTERN ONTARIO.

FALL 2011 EDITION AVAILABLE NOW!

For your free copy please call 416.626.4889 72 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.


Execut Townhomive Now Ava es Limited P ilable ar Releasekside

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$300’s

from the mid

#VOHBMPX 5XP 4UPSFZ %FTJHOT

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Prices and specifications are subject to change without notice. The ENERGY STARÂŽ mark is administered and promoted in Canada by Natural Resources Canada. Used with permission. E.&O.E.

73


2012

SHOPPING GUIDE

LOVE TO SHOP? Our 2012 shopping guide profiles some of the GTA’s top home and dÊcor shops and services.

2012 ISSUE NOW AVAILABLE! >`]¿ ZW\U O aSZSQbW]\ ]T bVS 5B/¸a b]^ V][S R{Q]` aV]^a O\R aS`dWQSa

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homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

74 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


March 3 - 17, 2012

Showcasing new homes in the GTA’s central and north regions

IN THIS SECTION

• Maps and listings for new-home communities in the central and north regions • Builder news and the latest in new homes in the central and north regions


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RD

37

45

17

84

78

32

401 44 2A 53 26

Sheppard Ave E

58

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

n lva Sy

s ng Ki e v A

2

Galloway Rd

K

t Rd

14 35

18

Ki

in

Manse Rd

J

rlet

8

9 50

23

41

ev

18

Passmore Ave

17

Centennial

Lakeshore Blvd W

Ossington Ave. Dovercourt Rd. Dundas St. W.

Christie St.

Horner Ave

Spadina Bay St. University Ave.

Queen St. W. 58 King St. W. 49 Front St.

Don Valley Pkwy

86

Dufferin St

1

Logan Ave.

Danforth Ave.

83

42

St Clair Ave E

25

52

Eglinton Ave E

cL

M

16

East Ave

I

46

Keele St.

QEW 4

Bathurst St.

Evans Ave

28

Yonge St.

57

Pape Ave.

QEW

Jane St

27

Avenue Rd

12

Laird Dr

Bloor St.

Cosburn Ave

Woodbine Ave

Queensway

Dupont St.

O'Connor Dr.

Main St

H

47

Dufferin St

Davenport Rd.

48

Pharmacy Rd Victoria Park

20

Sca

Rd

55

Warden Ave

Dundas St W

d

an

Ave E

Brim

McCowan Rd

St Clair Ave.

Allen Expressway

43

Eglinton

Birchmount Rd

gh

Yonge St

56

38

15

Sheppard Ave E 7 Milner Ave

Progress Ave

Lawrence Ave E Brimley Rd

80 Rogers Rd

Dufferin St

Va u

Bathurst St

Eglinton Ave W

Leslie St

Eglinton Ave W

Rd

Rd

11

Ellesmere Rd

401

Huntingwood Dr

Finch Ave E

5

14

Bellamy Rd

Bloor St W

ay

w

ng s

kR

n

Caledonia Rd

Briar Hill Ave

Keele St

to

ee

ew ey

13 Steeles Ave.

McNicoll Ave

12

Markham Rd

Rathburn Rd

Ki

Cr

Th e

B

k lac

Tre th

y Pkwy

W es

Ave Lawrence Ave E

York Mills

401

11

Don Valle

427

Kipling Ave

30

51 Sheppard Ave E

10

Scarborough Golf Rd

G

Martin Grove Rd

54

1

40

40

9

Orton Park Rd

F

Islington Ave

Kennedy Rd

Westway

33

87

Finch Ave W

Drewry Rd

Pleasant Ave

8

Midland Ave

E

pressway

Dixon Rd

Allen Ex

401

7

Bayview

24

Jane St

Wilson Ave

39

6

Mills

31

400

21

5

Don

401

34

Weston Rd

409

Bv

Signet Dr

27

ale

6

4

McCowan Rd

D

C

Humberline Dr

xd

3

Dufferin St

Re

Rd

Finch Ave W

ion

Alb

2

Toronto, Etobicoke, York, North York, East York, Scarborough

Alness St

B

A

1

central region:

Tapscott Rd

7

Morningside Ave

42

Neilson Rd Morrish Rd

Rd

Sewells Rd Conlins Rd

h

Reesor Rd

rt

Beare Rd

fo

Meadowvale Rd

Da n

76 Port Union Rd

Coxwell Ave

Parliament St Sherbourne St Jarvis St.

Lansdowne Rd.

Roncesvalles Ave.

Park Lawn

Royal York Rd

Renforth Dr

19


35

BEAVERBROOK HOMES

The Printing Factory

416-406-5638

50

FIELDGATE HOMES

Corktown Mews

86

MENKES

Humber Mews

87

MENKES

1 2 3 5

Price Range

Page No.

from $190,000

21

from $400,000

45 10H

corktownmews.ca

from $550,000

416-642-8955

6&7

3I

Bloom Park Towns

416-642-8955

6&7

8B

CANALFA

Liberty Towers

416-537-0047

TIFFANY PARK HOMES

Botany Hill Townhomes

416-439-0789

CAMROST FELCORP

iLoft at Mystic Pointe

416-251-8888

TREASURE HILL HOMES

Goldhawk Gardens

treasurehillhomes.com •

• • •

25

5C 9H

from $256,000

7H

from $300,000

15D

from $273,000

4H 14B

6

OZ PROPERTIES

Garden Towns

416-898-5100

7

V.H.L DEVELOPMENTS INC.

Markham Place.com

416-321-8868

from $130,000

15C

3B

8

ASPEN RIDGE HOMES

416-970-9500

from $690,000

8H

9

LONGO CORPORATION

New Corktown

416-916-0011

from $400,000

9H

10

INAUGURAL SOURCE DEVELOPMENT

Cobblestone Lane

416-286-3888

from $250,000

16D

11

TRIBUTE COMMUNITIES

Canterbury

647-352-2130

12

PEMBERTON GROUP

The Uptown Residences

416-987-3500

from $700,000

9E

from $400,000

9G

14

INTRACORP

Rivertowne

416-406-1700

14

MARION-HILL DEVELOPMENT CORP Rivertowne

416-406-1700

from $385,000

10H

from $385,000

15

TRIBUTE COMMUNITIES

The Village at York University

416-739-0100

10H

from $334,000

18

REGAL CREST HOMES

Centennial Gardens

416-686-0556

6B

from $242,000

13G

20

BEAVERBROOK HOMES

Evolution

416-747-9691

21

CONSERVATORY GROUP

Oakdale Village

416-243-0511

from $270,000

3H

23

CONSERVATORY GROUP

Upper Beach

416-698-7796

24

FOREST GREEN HOMES

Lexington On The Green

416-235-0220

26

CONSERVATORY GROUP

Port Union

416-287-3128

27

CRESFORD DEVELOPMENT CORP.

Windermere by the Lake

416-977-5300

28

PEMBERTON GROUP

Park Lake Residences

416-769-4343

30

JOSH CONSTRUCTION

Westgate Gardens

905-660-3269

from $190,000

4E

33

ASPEN RIDGE HOMES

The Residences of Bathurst & Ellerslie 416-570-6300

from $499,000

8B

37

INAUGURAL SOURCE DEVELOPMENT

Windwood Village

416-603-7001

39

BEAVERBROOK HOMES

University Square

416-246-1202

39

BEAVERBROOK HOMES

Yorktowns

40

HALLSTONE HOMES

41

• •

from $323,000

5C

from $400,000

12H

from $208,000

4D

from $310,000

18E

from $200,000

5H

from $180,000

5H

from $265,000

16E

from $390,000

5C

647-259-0733

from $460,000

5C

Basswood Park

905-482-0270

from $620,000

8B

MONARCH CORPORATION

Evergreen

416-495-3526

from $395,000

14F

42

STAFFORD HOMES

The Bell Estate

416-693-6800

from $335,000

12G

42

BROOKFIELD HOMES

The Bell Estate

416-693-6800

from $335,000

12G

43

ASPEN RIDGE HOMES

Scenic On Eglinton

416-805-1781

from $350,000

10F

44

BALLYMORE HOMES

Carrington Place

416-287-8676

from $406,000

17D

45

SENTEX HOMES

Estates of Guildwood Village

416-266-5121

from $610,000

16F

46

DUNPAR HOMES

Islington Village

416-253-5888

from $469,000

3H

47

DUNPAR HOMES

Bloor Village

416-253-5888

from $515,000

3H

48

GEORGIAN HOMES

Clairlea Gardens

416-233-9000

from $218,000

12F

49

TRIBUTE COMMUNITIES

Queen and Portland

416-430-0011

from $350,000

8I

49

TRIBUTE COMMUNITIES

RCMI

416-363-4800

49

TRIBUTE COMMUNITIES

Queen and Portland

416-363-4800

from $350,000

8I

51

MENKES

Aria

416-493-8801

from $700,000

11C

51

FERNBROOK HOMES

Aria

416-493-8801

from $700,000

11C

51

CITYZEN

Aria

416-493-8801

from $700,000

11C

52

INAUGURAL SOURCE DEVELOPMENT

Arbour Green

416-920-4400

from $355,000

13F

54

TRIBUTE COMMUNITIES

1717 Avenue Road

416-430-1717

55

STAFFORD HOMES

Keystone Mews

416-757-6684

from $475,000

11F

56

INAUGURAL SOURCE DEVELOPMENT

Roehampton Lane

416-920-2900

57

ASPEN RIDGE HOMES

Studio

647-352-7736

70

MATTAMY HOMES

Cornell

905-471-1133

75

H&R DEVELOPMENTS

Berczy Square

hr-newhomes.com

77

ASPEN RIDGE HOMES

Seventy Seven Charles

416-203-7034

• •

8I

• •

• • • •

8C from $740,000

9E

from $350,000

8H

from $362,000

7G

from $1400,000

9H 17E

5I •

78

YOUR HOME DEVELOPMENTS

Nature’s Path

647-340-6972

from $280,000

80

BRANDY LANE HOMES

Village Mews

416-651-6555

from $470,000

6F

83

ARISTA HOMES

Lilly Factory Towns

416-792-4872

from $395,000

12G

84

GLEN ROUGE HOMES

Highland Creek

416-282-2296

from $785,000

17C

• •

Toronto, Etobicoke, York, North York, East York, Scarborough

hr-newhomes.com

central region:

Tel

Westown

Fi Map nd er

Site

H&R DEVELOPMENTS

De ta Se ch m ed To i w n Co hom nd e o

# Si te

Builder

34

77


Steeles Ave W

ence

K

Clar

J

7

Isl

e

Kipling Av

St

42

on 48

t ing

I

Huntington

Langstaff Rd

Teston Rd

46

2

21

8

24

400

11

39

36 6

40

18

Major Mackenzie

Cr

H

7

King-Vaughan Rd

6

Pine Valley

City of Vaughan

1

Kirby Rd

5

27

Weston Rd

G

4

400

9 King Rd

10

Rutherford Rd

26

Maple

7

52

51

49

25

3

5

20

12

10

22

Centre St

15

19

14

Clark Ave W

35

Thornhill

34

38

14

8

4

40

47

12 43

33 28

13

41

7

23 16

31 44 7

45

Langstaff Rd

32

37

11

Dufferin St

F

Nashville Rd

3

Jane St

E

2

Keele St

D

Cold Creek

C

B

A

1

central region: Vaughan, Maple, Woodbridge, Thornhill

Hwy. 27

78

Bathurst St

e Av

Rd

50

12 Line R

d

16

17

18

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

15

19


Price Range

Page No.

1

ASPEN RIDGE HOMES

Kleinburg Hills

aspenridgehomes.com

44

MADISON HOMES

Thornhill Ravines

905-417-1203

from $990,000

51

ASPEN RIDGE HOMES

King Oaks

905-539-0181

from $1100,000

IFC&1 12A

1

COUNTRY WIDE HOMES

Kleinburg Hills

KleinburgHills.com •

2

REGAL CREST HOMES

Vellore Village

905-653-2983

from $1300,000

8G

3

PRIMONT HOMES

Castle Springs

905-417-3386

from $450,000

11C

5

H&R DEVELOPMENTS

Thornberry Woods

hr-newhomes.com •

from $766,000

13G

5

TIFFANY PARK HOMES

Thornberry Woods

905-417-0076

from $530,000

13G

6

THE REMINGTON GROUP

Vellore Village

905-653-0104

from $481,000

8G

7

ASPEN RIDGE HOMES

Dufferin Ridge

aspenridgehomes.com

8

FIELDGATE HOMES

Thornhill Woods

416-623-1322

8

CITYVIEW HOMES

Thornhill Woods

416-837-9157

9

FALCONCREST HOMES

Vasari

905-850-1770

10

CENTURY GROVE HOMES

Ravines of Dufferin

905-417-4682

11

SUMMIT VIEW HOMES

The Summit of Valleybrooke

905-417-7980

12

CENTURY GROVE HOMES

Upper Thornhill Estates

905-585-3255

14

FOREST HILL HOMES

Promenade Park

905-709-3352

15

QUEENSGATE HOMES

Coronation

905-417-3002

1 4F 37 14G

4F

• •

• •

from $490,000

13G

from $460,000

14G

from $430,000

14G

from $400,000

6J

from $410,000

13F

from $300,000

8E

from $445,000

14D

from $400,000

14J

from $470,000

14G

from $590,000

13E

from $329,000

8F

from $846,000

14G

from $720,000

13F

16

GOLD PARK HOMES

Thornhill Estates

905-417-0985

18

ROSE VALLEY HOMES

Vellore Village

1-877-904-6402

19

MADISON HOMES

Legacy

905-303-1118

20

PRIMONT HOMES

Eagle Hills

905-305-8871

20

CENTURY GROVE HOMES

The Valleys of Thornhill

905-417-4682

21

CENTURY GROVE HOMES

Vellore

905-832-4585

from $525,000

8F

22

TOWNWOOD HOMES

Mackenzie Ridge Estate Homes

905-832-5202

from $870,000

13F

from $450,000

13E

from $480,000

9F

• •

13F

23

ASPEN RIDGE HOMES

Fairways at Eagles Nest

905-553-3401

24

FIELDGATE HOMES

Vaughan Valley Estates

905-303-4728

24

ARISTA HOMES

Vaughan Valley Estates

905-303-1929

28

MINTO COMMUNITIES INC.

Roxborough

905-832-8934

31

FOREST HILL HOMES

Bridle Path of Thornhill

905-417-8231

from $980,000

13F

32

ARTEN BUILDING URBAN LIFESTYLE Nouveau Town-Manors in Old Richmond Hill

905-653-7640

from $400,000

11E

32

MAREN GROUP

Nouveau Town-Manors in Old Richmond Hill

905-653-7640

from $400,000

11E

33

H&R DEVELOPMENTS

Roxborough in the Valleys of Thornhill hr-newhomes.com

from $423,000

14F

34

H&R DEVELOPMENTS

Thornhill Woods

from $374,000

14H

from $670,000

15K

hr-newhomes.com •

35

HALLSTONE HOMES

Clairtrell Mews

905-886-5757

36

STARLANE HOME CORPORATION Weston Woods

416-736-6500

37

FLATO DEVELOPMENTS INC.

Montebello

905-731-2000

38

LIBERTY DEVELOPMENT

Centre Park Townes

905-731-8302

39

TIFFANY PARK HOMES

Valleybrook Estates

905-303-1620

40

NATIONAL HOMES

The Valleys of Thornhill

416-746-1234

• •

• •

• •

from $410,000

9F

from $610,000

14F

from $555,000

8F

from $390,000

11D

from $399,000

13I

from $320,000

8E

from $600,000

14F

from $450,000

8F

from $519,000

5I

40

VILLA ROYALE HOMES

Vellore Village

905-653-6000

42

DUNPAR HOMES

Riverside Village

416-253-5888

43

PRIMONT HOMES

Rothbury Ravine Estates

905-305-8871

from $675,000

13F

44

FOREST HILL HOMES

Thornhill Ravines

madisonhomes.ca

from $690,000

14G

45

ELM DEVELOPMENTS

Baker’s Lane

905-771-8880

from $480,000

13H

46

COUNTRY WIDE HOMES

The Point at Woodbridge

905-907-1500

from $500,000

8E

47

COUNTRY WIDE HOMES

Upper Thornhill Estates

905-907-1500

from $800,000

14E

48

BEAVERHALL HOMES

Regency Estates

905-265-2634

from $1250,000

6H

48

GRAYWOOD DEVELOPMENTS LTD Regency Estates

905-265-2634

from $1250,000

6H

from $1100,000

12A

from $550,000

12A

51

GREAT GULF HOMES

King Oaks

greatgulfhomes.com •

52

ZANCOR HOMES

Royal Collection

905-833-0883

central region: Vaughan, Maple, Woodbridge, Thornhill

Tel

M Fi ap nd er

Site

De ta Se che m d To i w n Co hom nd e o

# Si te

Builder

79


1

2

3

4

5

6

7

8

9

10

11

12

A road

Side

5

4

D 22

G

17

Rd King 20 24

St Yonge

F

404

Ave

C

E

t

m

Bloo

Leslie S

on ingt

Bayview

B

3

9

oad

ider

S rson Jeffe

H

15 16 14

19th

Ave.

d

ble R

Gam

1

I J

23

d

ills R

nM Elgi

7

St

r

Neal D

St

8 18 19

K

404

Leslie

d Yorklan

21

13

L

ent

Reg

11

nzie

ath Str

acKe

rM Majo

ea

N

e Av rn

dW

ick R

O

404

r

Q R

. Ave

am D

P

dr Wel

16th

Denh

80

M

St

st St Bathur

central region: Richmond Hill

Mill

St

2

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554


905-508-8200

4

ASPEN RIDGE HOMES

Kettle Lakes Club

aspenridgehomes.com

14

ARISTA HOMES

Jefferson Forest

15

MADISON HOMES

Jefferson Forest

15

FOREST HILL HOMES

Jefferson Forest

16

FIELDGATE HOMES

Jefferson Forest

1

TRIBUTE COMMUNITIES

Inspiration

905-884-8323

2

PEMBERTON GROUP

The Royal at Bayview Glen

905-709-5700

5

QUEENSGATE HOMES

Fontainbleu

905-773-5213

7

PRIMONT HOMES

Heritage Hollow

905-884-7799

7

PRIMONT HOMES

The Estates at Heritage Hollow

8

DELPARK HOMES

9

Price Range

Page No.

from $450,000

1

4F

from $400,000

IFC&1

6D

from $500,000

95

4H

905-770-8661

from $500,000

95

4G

905-770-8661

from $500,000

95

4G

from $500,000

95

4H

from $625,000

5I

from $190,000

6Q

from $430,000

5E

from $347,000

8J

905-884-7799

from $339,000

8J

Valleybrook

905-737-7132

from $400,000

6K

LEBOVIC HOMES

Bond Lake Village

905-773-6549

from $390,000

6F

11

PRIMONT HOMES

Coronation

905-417-3386

from $498,000

4M

13

FAIRGATE HOMES

Amity Richmond Hill

905-640-1708

from $630,000

6H

17

HEATHWOOD HOMES

The Reserve at the Woodlands

416-637-3520

from $748,000

2D

18

HEATHWOOD HOMES

Silverwood Lane

heathwoodrichmondhill.com •

19

HEATHWOOD HOMES

Forestbrook

heathwoodrichmondhill.com •

from $583,000

4K

20

NORTH STAR HOMES

King’s Crossing

416-291-9666

from $440,000

2E

22

BEST HOMES

King’s Gate

905-773-5277

from $450,000

2E

22

BEST HOMES

King’s Gate

905-773-5277

from $450,000

2E

23

NORTH STAR HOMES

Silverwood Lane

416-744-0214

from $470,000

4J

24

COUNTRY WIDE HOMES

The Augustine Collection

905-907-1500

from $450,000

2F

4K

Richmond Hill

MacLeod’s Landing

Tel

central region:

ASPEN RIDGE HOMES

Site

Fi Map nd er

De ta Se che m d To i w n Co ho nd me o

# Si te 3

IFC-Inside front cover

Builder

81


grove

in Woodb

e Ave

les A

Alder

Hend

Stee

8

56

45

Dr

l d yT eroa err erb n Sid d l E ngto i m Bloo 63

St

Thornhill ve E

John St

62

Hwy. 4

St Denison

nald

ve 14 A

McDo

59

Van

d eroa Sid dorf

d St

Hwy 7

75

11 Con

26

Edwar

K

Ave

Hwy 7

w Ave.

404

dy Rd

Dr lock 61 Bul y7 Hw

Bayvie

404

Kenne

23

21

28

tE on S ingt

22 Well

9

.

e Rd

's Sid

hn St Jo

47

13

47

404

14

Town of Aurora

t

J

n Warde

Leslie S

I

n Rd

a McCow

24

ard

Orch

hts Heig

Dr

64

Gor

t

S ham

St

13

404

le ffvil Stou

Rd

Milla

15

34

19

rd St

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

ve 19 A

17 20

3

Rd ton ming Bloo

oa d

oad ider da S es Beth

r Side

18

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

404

oad

16

r Side

hn's St Jo

17

n Rd Vivia

Rd lbert 54 Mt A

16

orf d Van

a Rd or Aur

of Town rchhu c e t i e Wh ff vill Stou

15

an Rd

McCow

H

tS

Main S le Dr ymervil

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Ra

18

9 Line

30

ock Mul

Town of Newmarket

80

Spruce

G

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cessio

65

10 Con

67 6 35 57 41 11 70

19

4

51

Ea

t gle S

54

r

Elgin D avis

D

e

2 zie n acke or M j 53 a M 52 8 42 60 12

G

12

Bayview Av

Town of 50 Markham

46

11

.

ane

L reen

10

44 1 55 7 14

9

e Ave

d

8

in Woodb

25

sR Mill

7

y Rd

Kenned

n Elgi

10

6

McCow

ve 18 A

e

v 19 A

5

an Rd

F

4

Ave Warden

E

Thornhill

Town of Markham

Town of WhitechurchStouffville

3

t Yonge S

D

Town of Aurora

Town of Newmarket

2

St N

C

B

A

1

central region: Markham, Aurora, Newmarket, Whitchurch-Stouffville

48

Rd

Main

n Rd

en

82 cessio

Al d

9 Con

cessio nR

Dr

erson

Ave

S Yonge

t


PRIMONT HOMES MADISON HOMES

20

FIELDGATE HOMES

20

STARLANE HOME CORPORATION

30

MADISON HOMES

30

FOREST HILL HOMES

41

ASPEN RIDGE HOMES

42

NATIONAL HOMES

52

FIELDGATE HOMES

53

H&R DEVELOPMENTS

54

BEAVERBROOK HOMES

63

FIELDGATE HOMES

65

FIELDGATE HOMES

Heirloom in Markham Greensborough BlueSky Stouffville BlueSky Stouffville Cornell Rouge Cornell Rouge Upper Cornell Wismer Woods Potter’s Bend Castle Square Victoria in Mount Albert Bond Lake Village Victoria Manor

1

MARYDEL HOMES

Woodland Hills

2

ASPEN RIDGE HOMES

Pavo Point

2

COUNTRY WIDE HOMES

Pavo Point

3

B.G. SCHICKEDANZ

Woodlands of Camelot

4

H&R DEVELOPMENTS

Rhapsody

6

PRIMONT HOMES

Towne Manors at Heirloom

7

MONARCH CORPORATION

Heritage at Victoria Square

8

COUNTRY WIDE HOMES

Wismer Commons

9

COUNTRY WIDE HOMES

Bayview Meadows Aurora

9

ROYALCLIFF HOMES

Bayview Meadows Aurora

10

MONARCH CORPORATION

Heritage at Cathedraltown

10

MONARCH CORPORATION

Nichols Manor at Heritage

11

ROYALPARK HOMES

Greensborough

12

LAURIER HOMES

windsong

12

YORKWOOD HOMES

Windsong

12

LAURIER HOMES

windsong north

13

MENKES

Walker Farm Estates Stonehaven

14

BALLYGARVEN HOMES

Upper Canada Meadows

15

STARLANE HOME CORPORATION

Main Street Stouffville

15

TREASURE HILL HOMES

Main Street Stouffville

16

ASPEN RIDGE HOMES

Country Club Estates of Emerald Hills

17

CONSERVATORY GROUP

Heritage Estates

18

KYLEMORE COMMUNITIES

New Yorkton

18

KYLEMORE COMMUNITIES

Angus Glen West Village

19

ACORN HOMES

Summerhill Woods

21

KYLEMORE COMMUNITIES

The Aurora Sanctuary Town Manors

21

MINTO COMMUNITIES INC.

Spring Farm

22

ASPEN RIDGE HOMES

The Bayview Club

22

KYLEMORE COMMUNITIES

The Bayview Club

23

H&R DEVELOPMENTS

Grand Cornell

24

BALLANTRY HOMES

Cornell rouge

25

COUNTRY WIDE HOMES

The Residences at Victoria Square

26

ARISTA HOMES

Boxgrove

26

STARLANE HOME CORPORATION

Boxgrove

28

PRESTON HOMES

Copper Hills

28

STARLANE HOME CORPORATION

Copper Hills South

28

GREENPARK HOMES

Copper Hills South

29

BALLYGARVEN HOMES

Legacy Gates

31

LAKEVIEW HOMES

Cathedral Park

31

RODEO FINE HOMES

Symphony Park

35

FIELDGATE HOMES

Greensborough

41

BEAVERBROOK HOMES

Upper Cornell

44

ROSEHAVEN HOMES

Rhapsody

46

MINTO COMMUNITIES INC.

Harvest Hills

47

GARDEN HOMES

Stonehaven

47

GARDEN HOMES

Olde Towne Newmarket

50

GERANIUM HOMES

The Neighbourhoods of Cardinal Point

51

OXFORD HOMES

Coventry Valley

55

COUNTRY WIDE HOMES

Woodland Hills

57

TOWNWOOD HOMES

Greensborough Park

59

PRIMONT HOMES

Harmony

60

BEST HOMES

Wismer Gardens

62

NORTH STAR HOMES

Pacific Villas

64

FOREST GREEN HOMES

Highgate

67

PORTSIDE DEVELOPMENTS

Greensborough

80

NEW ERA HOMES

Landmark Estates

81

MONARCH CORPORATION

Garden Court

905-201-2804 madisonhomes.ca 905-640-0002 starlanehomes.com 905-472-9556 cornellrouge.com 905-554-3446 416-746-1234 fieldgatehomes.com hr-newhomes.com 905-473-3308 905-313-1021 fieldgatehomes.com 905-898-7380 905-554-5075 905-640-0344 905-853-3449 905-201-2804 416-495-3542 905-907-1500 bayviewmeadowsaurora.com bayviewmeadowsaurora.com 416-495-3564 416-495-3542 905-472-8095 905-201-5979 905-471-9022 905-201-5979 905-836-0882 905-395-1294 905-640-1237 416-987-5500 416-570-6300 905-640-2274 905-604-1800 905-887-9950 905-853-0777 905-726-4343 905-713-3254 416-805-0279 905-726-2116 905-471-8078 905-294-0221 905-907-1500 905-201-1102 905-201-0758 905-954-4050 starlanehomes.com greenparkhomes.com 905-887-5678 905-887-1516 905-475-9632 905-201-6106 905-472-7262 416-410-0175 905-235-3115 905-235-2570 905-235-2570 905-640-9999 905-836-8902 905-907-1500 416-587-8693 905-305-8871 905-479-9600 416-332-8115 905-853-5800 416-746-1234 905-953-9046 416-495-3564

• • • •

• •

Price Range

• • • • •

• • • • •

• • •

• • •

• • • • • • • • • • • • • • • • • • • • • • • • •

• • • • •

• •

• • • •

• • • • • • • • • • • •

• •

• •

• •

• •

• •

• • •

12&13

from $450,000

37

7F

from $443,000

25

18F

• • • • • • • • •

7F

from $383,000

23

18F

from $526,000

35, 37

8F

from $400,000

35, 97

8F

from $360,000

1

7F

from $650,000

31

6G

from $555,000

25

6G

from $546,000

21

6G

from $400,000

45

16B

from $390,000

25

12J

from $821,000

25

3G

from $400,000

10B

from $440,000

5F

from $400,000

5F

from $835,000

18C

from $426,000

10D

from $380,000

7F

from $800,000

9C

from $490,000

6F

from $550,000

13F

from $340,000

13F

from $550,000

2F

from $550,000

2F

from $329,000

7F

from $490,000

6G

from $320,000

6G

from $590,000

6G

from $540,000

13D

from $330,000

11C

from $287,000

19F

from $230,000

19F

from $739,000

16D

from $283,000

18E

from $450,000

5G

from $450,000

4G

from $298,000

10E

from $350,000

13F

from $441,000

13F

from $542,000

13F

from $400,000

13F

from $409,000

8G

from $400,000

8G

from $400,000

2F

from $432,000

8H

from $500,000

8H

from $500,000

14D

from $489,000

• •

from $380,000

from $489,000

Page No.

M Fi ap nd er

Tel

14D 14D

from $390,000

7I

from $400,000

3G

from $255,000

3G

from $586,000

7F

from $330,000

7F

from $350,000

9B

from $379,000

9B

from $327,000

13D

from $288,000

13D

from $370,000

7F

from $600,000

9C

from $400,000

10C

from $608,000

7G

from $470,000

5I

from $410,000

6G

from $337,000

6G

from $350,000

13C

from $329,000

7F

from $380,000

10D

from $290,000

2G

central region: Markham, Aurora, Newmarket, Whitchurch-Stouffville

6 11

Site

De ta Se che m d To i w n Co hom nd e o

# Si te

Builder

83


9

59

Mono Adjala 14

51

15

King

Schomberg

9

11 20

Keswick East Gwillimbury

50 45 34 16 17 400

32

Bradford Tecumseth and Tottenham

Beeton

12

0

10

Hwy 5

K

Shelburne

89

44

27

Alliston

47

25

48

Georgina

29

48

31

Lindsay

Uxbridge

Cannington

7 3

9

26

Scugog

Oshawa

Dr

14

401

42

S

15

27

49 E

16

400

Big

22

Dr

Ma

iew plev

18

30 Dr

18

19

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

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6

Orillia

11

10

St

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Wasaga Beach

93

69

9

Bracebridge

8

An

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38

27

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69

400

7

irv ia Rd

24

24 46 60 41 52

6

Huron Rd

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F

E

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Midland

5

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Fa

Thornbury

7

Georgian Bay

4

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Barrie, Collingwood, Wasaga, Innisfil, Keswick

th St

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en

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Fi Map nd er

Lakeside Meadows

1-877-455-0201

from $261,000

91

9G

14

ROSEHAVEN HOMES

King Country Estates

905-558-0098

from $730,000

41

7K

14

ASPEN RIDGE HOMES

King Country Estates

905-558-0255

from $680,000

IFC&1,41

7K

14

COUNTRY WIDE HOMES

King Country Estates

905-558-0098

from $700,000

41

7K

35

SENATOR HOMES

Lakeside Cove

705-797-1967

from $450,000

27 17C 89

Tel

Price Range

Page No.

58

LAKEVIEW HOMES

Greenbrook Village

1-888-746-2999

from $250,000

1

PACIFIC HOMES LIMITED

MarlLake Village

1-877-428-5115

from $210,000

1

RED BERRY HOMES

MarlLake Village

1-877-428-5115

2

STARCREST HOMES

Nottawasaga Village

1-877-534-4445

3

MASON HOMES

Cloverlea Lindsay

705-324-1653

4

MANCINI HOMES

Princeton Woods

705-730-1978

5

DEMOCRAT HOMES

Wasaga Sands

1-866-409-2724

from $275,000

5E

6

MARIPOSA HOMES

West Ridge

705-329-3330

from $155,000

8C

3I 4F

from $210,000

4F

from $200,000

6F

from $170,000

13H

from $330,000

14E

7

HERON HOMES & HEATHWOOD HOMES Raven Golf Club at Lora Bay

519-599-1900

from $347,000

1D

8

FANDOR HOMES

Hamptons on Big Bay Point

705-792-6807

from $250,000

18D

9

GRANDVIEW HOMES

Big Bay Point

705-735-0732

from $253,000

13E

9

GRANDVIEW HOMES

Bear Creek Hollow

1-866-386-1629

from $260,000

13E

10

BERKLEY HOMES

Wasaga Beach

1-877-422-1185

from $250,000

4D

11

BALLYMORE HOMES

The Simcoe

1-877-455-0201

from $316,000

9G

11

BALLYMORE HOMES

The Neptune

1-877-455-0201

from $300,000

9G

12

PREVIN COURT HOMES

Victorian Village

1-855-7PREVIN

from $280,000

6I

13

SOUTHPOINTE HOMES

Southpointe

1-888-431-1732

from $200,000

8G

15

KAITLIN GROUP LTD.

The Estates of King Valley Golf Club 1-866-242-2582

16

GREAT GULF HOMES

Summerlyn Village

905-775-3461

17

FERNBROOK HOMES

Grand Central

905-778-0873

17

BROOKFIELD HOMES

Grand Central

18

MELODY HOMES

18 19 20

from $750,000

8J

from $315,000

7I

from $270,000

8I

905-778-0873

from $300,000

8I

Sunflowers

705-721-7200

from $233,000

19E

ZANCOR HOMES

Sunflowers

705-721-7200

from $233,000

19E

PRISTINE HOMES

Timberwolf Lodge

905-851-1224

from $440,000

4E

OXFORD HOMES

Mount Albert Village

905-251-3203

from $330,000

9H

22

KINGSVIEW HOMES

Renaissance Collection

705-734-9518

from $250,000

17F

24

KAITLIN GROUP LTD.

Blue Shores

1-866-625-2583

from $284,000

2E

25

GRANDVIEW HOMES

Forest Beach Estates

1-866-386-1629

from $260,000

8H

26

B.G. SCHICKEDANZ

Lake Scugog Meadows North

1-877-878-9899

from $298,000

13I

27

ALLIANCE HOMES

RidgeHill

705-434-4433

from $550,000

6H

31

ALLIANCE HOMES

Jackson’s Landing

1-866-722-7771

from $290,000

9G

32

COUNTRY HOMES

Alcona by the Lake

1-866-531-3424

from $200,000

7G

33

MAPLE LANE HOMES

Wallace Mills

705-436-7215

from $200,000

7F

36

SUNFIELD HOMES

Centre Point

705-734-1887

from $280,000

6D

37

PRISTINE HOMES

Pebbleshores

705-436-5547

from $240,000

7G

38

BRANDY LANE HOMES

Mountain Trails

1-888-445-9608

39

STONEBRIDGE BUILDING GROUP Stonebridge by The Bay

1-877-420-0880

40

ROYALPARK HOMES

Emerald Forest

royalpark.com

41

DELPARK HOMES

Pretty River on Georgian Bay

1-888-257-1999

from $300,000

3F

from $200,000

5E

from $200,000

6I

from $298,000

3E

from $220,000

15E

42

MASON HOMES

Just 4U

masonhomes.ca/4U •

43

BREMONT HOMES

Centretown

1-877-855-1122

44

RAYMAC HOMES

Brennan Enclave

705-516-0681

45

ROSEHAVEN HOMES

Dreamfields in Bradford

416-410-0175

from $300,000

8I

45

REGAL CREST HOMES

Dreamfields in Bradford

dreamfieldsbradford.com •

from $311,000

8I

45

COUNTRY WIDE HOMES

Dreamfields in Bradford

dreamfieldsbradford.com •

from $310,000

8I

46

DEVONLEIGH HOMES INC.

Creekside

705-444-0555

from $277,000

3E

from $234,000

5E 6G

• •

from $275,000

6H

from $225,000

6G

16B

47

DEVONLEIGH HOMES INC.

Parkside by Devonleigh

705-435-9991

48

DEVONLEIGH HOMES INC.

Brownley Meadows

705-423-9662

49

DEMOCRAT HOMES

Maplewood

democrathomes.com •

from $300,000

50

BROOKFIELD HOMES

Park Central

905-778-0873

from $285,000

8I

52

FRAM BUILDING GROUP

The Shipyards

705-446-2626

from $340,000

3F

55

BRIARWOOD HOMES

Briarwood Estates

705-294-2288

from $310,000

7G

59

BROOKFIELD HOMES

Fieldstone

905-778-0873

60

BRIARWOOD HOMES

Pretty River Collingwood

1-888-257-1999

from $310,000

3E

5J

Barrie, Collingwood, Wasaga, Innisfil, Keswick

Site

north region:

De t Se ach m ed To i w n Co hom nd e o

# Si te

BALLYMORE HOMES

IFC-Inside front cover

Builder

11

85


ONESTOP SHOP

HD&R

EXCLUSIVE DISCOUNTS AND DEALS FOR OUR READERS!

SMART SHOPPER 1

1 DECORIUM

2 A SPECIAL PLACE

2

Elevate your home by adding this elegant faux leather bench adorned with pewter nailheads and Swarovski crystals to your ensuite bathroom, hallway or simply at the end of your bed. Regularly priced at $499, A Special Place is offering the special price of $379 until March 31. VISIT ASPECIALPLACE.CA FOR A LOCATION NEAR YOU 416.481.2077

86 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Thinking of refreshing your boudoir this spring with a brand new mattress? Visit Decorium’s new luxury mattress gallery and a bedding specialist will fit you to the perfect mattress for your body and your bed. And when you present this offer, you will get 25 per cent off all mattresses and bedding sets to March 23. Not to be combined with any other offer. 363 SUPERTEST RD. 416.736.6120 | VISIT DECORIUM.COM


3 ALTA MODA Choose from hundreds of fabrics and different finishes and customize your very own Brooklyn chair from Alta Moda for $1,150 until March 31. Regular price $1,495. Shown here in distinguished Herringbone.

3

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4 5 PLUMBING MART

4 X-TILE CANADA

The many benefits of soft water can be yours with this deluxe water softener from Plumbing Mart. Besides soft water tasting better, it also removes chlorine and harmful chemicals. The chlor-a-soft technology reduces unsightly surface stains caused by clean water iron. The advantages of switching to soft water are endless, and Plumbing Mart is backing this Canadian-made life enhancer with a lifetime equipment warranty. Only $1,749 with delivery and professional installation. Compare the regular price that ranges anywhere from $3,000 to $7,500.

5

If your floors have seen one too many winters, this is the perfect time to take advantage of a special, limited time X-Tiles offer to March 24. These 12-by-24-in. Serena Porcelain tiles available in four stunning colours can be used anywhere residentially or commercially. At $1.99 per sq. ft., your floors will get that much-needed facelift at a fraction of the cost. While supplies last.

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6 FURNITURE TORONTO Sink into this exquisite contemporary leather chair made with top grain Italian leather. It is sure to become your favourite chair all year-round as leather stays cool in the summer and warm in the winter. Available in different leather finishes it has a movable back cushion feature. Regular price $2,099, on sale for $1,749 until March 31.

6

700 KIPLING AVE. | 416.503.0009 VISIT FURNITURETORONTO.COM

MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 87


HOW TO FIND A HOME

Crossing the threshold: TIPS AND ADVICE FOR THE

first-time homebuyer T

raditionally, spring marks the busiest period of time for housing market activity in Canada. With the thaw only weeks away, BMO Bank of Montreal offers first-time homebuyers strategies for finding their ideal home while keeping financial priorities in check. Buying a home can be the largest and most important financial decision one can make, so it is important to be aware of all the factors that go into making a responsible purchasing decision. “The first step is figuring out how much you can afford to spend on homeownership, which means an honest assessment of the household balance sheet,” says Laura Parsons, mortgage expert, BMO Bank of Montreal. “Once you have a clear idea of where you stand financially, you can then make a responsible decision of what you can afford, including your down payment, monthly mortgage costs and other expenses like utility costs and property taxes.” BMO offers the following tips for Canadians looking to buy a home.

MAKING AN AFFORDABILITY ASSESSMENT

Parsons notes that there are two rules of thumb first-time homebuyers can use to determine what they can afford. “First of all, housing costs, including mortgage payments, utilities and taxes, should not take up more than one-third of your income. In addition to this, servicing 88 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Continued on pg.90


A lifetime of memories begins at Greenbrook Village A new community with family-friendly streets, parks, ponds and full-size homesites. It’s the start of the life you’ve always dreamed of.

40' Homes in Shelburne

FROM

A short drive, just over 30 min from Brampton, can save you $200,000!

Rockport 3000 Sq.Ft.

Q

Double car garage Rd124 County

10

N

SHELBURNE

10

Rd ort

ne 2nd Li

St Main

Airp

SALES OFFICE

89

ORANGEVILLE

9

CALEDON CALEDON EAST VILLAGE

nt ro Hu io ar

110 Ft. Deep lots

Sales Office 516102 Hwy 124 (on the westside) approx 1.5 km north of Hwy 89 Hours – Monday - Wednesday: 1pm - 8pm; Thursday - Friday - Closed Saturday, Sunday & Holidays: 11am - 6pm

$

341

ELEV. C

FROM

GreenbrookVillage.ca 519-217-5944

St

NORTH BRAMPTON

Q

990

89

Brokers protected (referral fee available). See sales representative for details. Prices and specifications are subject to change without notice. Illustrations are artists concept only. E.&O.E.


HOW TO FIND A HOME continued

your overall debt, including loans, credit card payments and lines of credit, should not account for more than 40 per cent. If you can land safely within these parameters, than homeownership is an affordable and realistic option.” COMING UP WITH THE DOWN PAYMENT

The larger the down payment you come up with, the less interest you’ll pay over the life of your mortgage. To increase your down payment, consider using funds from your RRSP. As a first-time homebuyer, you’re eligible to withdraw up to $25,000 tax-free from your RRSP to add to your down payment. Your spouse or partner can do the same, for a combined total of $50,000. You have 60 days after the second year of withdrawal to begin repayment and no taxes are payable if you repay the total amount within 15 years. Short-term investments vehicles, such as a Tax-Free Savings Account (TFSA), can also help grow your savings faster by tax-sheltering funds. CHOOSING THE RIGHT MORTGAGE FOR YOU

Your mortgage needs to fit in with the rest of your financial priorities – which could mean increased flexibility or security. Consider the following when choosing your mortgage: » Choose a shorter amortization period: The shorter the life of the mortgage, the lower the overall cost. Consider choosing a 25-year rather than a 30-year amortization to save you money on interest costs and help you become debt-free sooner. » Fixed vs. variable: Variable-rate mortgages have been a winning strategy over the long term, but fixed rate mortgages (currently at historic lows) provide cost certainty and peace of mind.

90 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

» Stress-test your mortgage payments: Use a mortgage payment based on a higher rate to stress-test your budget; total housing costs (mortgage payments, property taxes, heating costs) should not consume more than one-third of household income. APPLYING FOR PREAPPROVAL

A pre-arranged mortgage establishes the amount you can reasonably afford to pay for your first home. Consider the following benefits to getting pre-approved: » Protected from rate changes: The fixed rate you’re quoted is established up front and guaranteed for 90 days, giving you peace of mind if mortgage rates rise while you’re still searching. “What’s more, if rates fall during the 90-day guarantee period you may benefit from a lower rate.” » Have a good idea of your finances: You will receive a better idea of how much you are qualified to borrow, saving time looking at homes out of your affordability range. Your term and amortization, as well as estimated monthly payments, are set at approval so you can use these figures when planning your overall budget. » Moving quickly: If you are pre-approved for a mortgage, you’ll be able to move quickly to make an offer when you finally find the perfect home for you.

BUYING A HOME CAN BE THE LARGEST AND MOST IMPORTANT FINANCIAL DECISION ONE CAN MAKE, SO IT IS IMPORTANT TO BE AWARE OF ALL THE FACTORS THAT GO INTO MAKING A RESPONSIBLE PURCHASING DECISION.


GRAND OPENING of our PHASE 2 in Sutton

A VALUE PACKED, LUXURY FAMILY NEIGHBOURHOOD.

260

$

,900

FOR OUR TOWNHOME STARTING AT 1,305 SQ. FT.

%& ! & !$ %& - % !% &! & % !)% % & " $ & ! ' &* *!' ( !! !$ !$ & !% !! !$ #' & !' &$* % && & % % & !%& &'$ %"!& ! %! ,% ! & $ $% ! !' &$* ' " $ &$ % %'$$!' *!' % !)% ! $% &! *,% % $ ! '* $ - % & ! ! ! % $! ) &! !!% + !& %% &!) ! % % %" !'% % % ! , , !&%

THE NEPTUNE 2 storey design from $329,900

SUTTON Jackson’s Point

Surround yourself with parkland, trails, meadows, a lake and golf. SALES OFFICE: 4950 Baseline Road, Sutton, ON, L0E 1R0 Mon. - Wed. 1pm - 8pm. | Thurs. & Fri. by appt. only. | Sat., Sun. & Hol. 11am - 6pm

s LakesideMeadows.ca Prices and speciďŹ cations are subject to change without notice. Renderings are artist’s concept. E. & O. E.

91


COMMUNITY FOCUS

Year-round lakeside living for incredible prices

BALLYMORE HOMES

RELEASES PHASE TWO AT LAKESIDE MEADOWS

B

allymore Homes recently celebrated the grand opening of Phase Two at Lakeside Meadows in Sutton. Purchasers can choose from a beautiful selection of townhomes, starting from just $260,900, as well as bungalow and two-storey single detached models on 42-ft. lots, priced from $329,900. In addition to the new release, homebuyers enjoy quick closings, with a limited collection of inventory homes that are available on 42- and 50-ft. lots. These homes start at $358,900 and include a bonus offer of $6,500 in upgrades. Located just 40 minutes north of the GTA, Lakeside Meadows is a fourseason, resort-style community that is just minutes from the sandy shores of Lake Simcoe. Golf enthusiasts have plenty of excellent golf courses to choose from, including the world renowned Briars Golf Club. Dock your boat at one of several local marinas and indulge in water sports, such as canoeing, kayaking and fishing, or enjoy a sunny day lounging on the beach.

92 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

In keeping with the small town ambiance of Sutton, all homes at Lakeside Meadows display the charm of Old Ontario architecture. Homes feature all brick exteriors with accent cladding, vinyl shakes, keystones and stone sills, steeply pitched gables and front porches. Garages have carriagestyle doors and there are second floor balconies for some models. Interiors are as elegant as they are functional, with open concept kitchens and Great Rooms. Standard finishes include nine-ft. main floor


BALLYMORE HOMES lakeside meadows

ceilings, imported ceramic tile flooring in entries and wet rooms, and quality custom finished kitchen cabinetry. Singles feature luxurious master ensuites, complete with an oval soaker tub and separate shower stall, and a cosy gas fireplace in the Great Room. Some models feature kitchens with breakfast bars, French doors and stunning coffered ceilings. Homebuyers receive even more value, with a generous bonus package. Townhomes come with three stainless steel appliances in the kitchen, as well as a white front load washer and dryer. The 42-ft. single-detached homes include a natural oak staircase and 2.25-in. natural oak hardwood on the main floor, in lieu of carpet. Lakeside Meadows homes also have Energy Star certification, which provides homeowners with lower utility costs and contributes significantly to a reduction in harmful greenhouse gas emissions. Conservation features for each home include a programmable thermostat, high-efficiency furnace, a heat recovery ventilation unit, taped basement

ductwork, upgraded insulation, a drain water heat recovery system and an Energy Star hot water heater. Several other Green features improve the air quality and comfort of these homes, and increase their resale value. Lakeside Meadows offers the ideal town and country lifestyle, close to a wealth of amenities, but in a pastoral paradise of lush forests, farmlands and open greenspaces. Commuters will love the easy access to Hwys. 48 and 404, which is being expanded to make commute times even shorter. Residents are close to the quaint shops and restaurants of Sutton’s downtown core, and there is a high school and new elementary school within walking distance. Sibbald Point Provincial Park, Franklin Beach Conservation Area and Willow Beach Conservation Area are all close by, and big box shopping in nearby Keswick is just 10 minutes away. For more information, call 1.877.455.0201 or visit ballymorehomes.com

LOCATION Richmond Hill

LOCATION: Sutton

HOUSING TYPE luxury townhomes and single-family homes

SALES CENTRE east side of Yonge Street just north 19th Avenue, HOUSING TYPE: SALESof CENTRE: open Monday to 4950 Thursday fromRd., 1 toopen 8 p.m., FridaytobyWednesday appointment Townhomes from $260,900, bungalows Baseline Monday 1 to 8 p.m., only, weekends andand holidays 11 a.m. to 6only, p.m. Saturday, Sunday and two-storey singles and detached Thursday Fridayfrom by appointment models on 42-ft. lots from $329,900 and holidays 11 a.m. to 6 p.m.

CONTACT | VISIT MADISONHOMES.CA CONTACT 1.877.455.0201 | 905.770.8661 BALLYMOREHOMES.COM MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 93


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)&+#+'+#)--. 94 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

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RICHMOND HILL

GRAND OPENING THE WAIT IS OVER!

BAYVIEW

AVENUE

JEFFERSON REGIONAL FOREST

SUMMIT GOLF AND COUNTRY CLUB

E

IV

ST

DR

RE

PRESENTATION CENTRES

N

FO

O

RS

E FF

JE

MONTICELLO PARK

YO

NG

ES

T.

MONTICELLO PARK

THREE GREAT BUILDERS - ONE FABULOUS FOREST Freehold Townhomes from the

$500’S

Singles from the

$700’S

Freehold townhomes and detached singles on crescents and cul-de-sacs in a ravine setting.

IloveForest.ca

Ravine Lots Still Available DON’T MISS OUT!

SALES OFFICE: Mon. - Thurs. – 1pm to 8pm, Sat., Sun., & Hol. – 11am to 6pm Renderings are Artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.

95


F E AT U R I N G

NOW YOU CAN GET

HOME DÉCOR & RENOVATIONS DELIVERED TO YOUR DOOR!

> DESIGNER ADVICE > STYLE FILE > DESIGNER DISHES > SALES WATCH > TOP DESIGN TRENDS > STORE FOCUSES & MORE…

37.

29

$

FOR 12 ISSUES INCLUDES 13% HST, SHIPPING AND HANDLING

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CITY: TEL: HOME: ( PAYMENT:

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CARD HOLDER NAME: SIGNATURE:

CAN’T WAIT FOR THE MAIL? THEN FAX OUR SUBSCRIPTION DEPARTMENT. 416.789.9554 HOME DÉCOR AND RENOVATIONS PLEASE MAIL TO Home Décor and Renovations Subscription Services, 405 The West Mall, Suite 110, Etobicoke ON, M9C 5J1. All prices are in Canadian dollars and offer is valid only in Ontario. All rates apply to a 12 - issue yearly subscription. Please allow 6-8 weeks for delivery on your first issue.

96 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012



homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

98 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


March 3 - 17, 2012

Showcasing new homes in the GTA’s east region

IN THIS SECTION

• Maps and listings for new-home communities in the east region • Builder news and the latest in new homes in the east region


31

Bloor St.

Phillip Murr

Bloor St

Gibb St

Wentworth St

401

14 52 56

55 44 48 401

Kingston Rd

42 11

Magill Dr

Pickering Beach Rd

45

Harwood Ave

30

28

Shoal Point Rd

Finley Ave

Westney Rd S

To wn of Ajax

Church St S

Glenanna Rd

Granite Court

Liverpool Rd

Appleview Rd

57 n 65

tD

ou

em ug

K

Ro

Kin

gst

on

46 Rd

Whites Rd

15

Sheppard Ave

50

Stroud's

Spruce Hill

J

I

Altona Rd

401

58

Fairport Rd

Sandy Beach

Highview Rd

Dixie Rd

Brock Rd

Montgomery F

Squires Beach Rd

Dr Notion Rd

Brock Rd R aks rO o j Ma Valley Farm

a

ew

riv

Lak

51

41

Ajax-Whitby

eD

Riverside

3 Concession

47

49 Bayly St E

Dundas St E

Bv

43

Rossland Rd

Wentworth St

King S King St W Bond St W

Manning Rd

38 1 Rossland Rd

50 7 16

4 Concession Altona Rd

F

E

D

C

B

A

McQuay

Finch Ave

32 Sideline

Gordon St

Cochrane St

H

32 Sideline

Blair St Brock St S

Rosebank Rd

4 Concession

North Rd

5 Concession

7

North Rd

Hopkins St

Liverpool Rd

Whites Rd

1

30 Sideline

Brock Rd

G

28 Sideline

City of Pickering

7 Conncession

2

9 Concession

3

24 Sideline

Adelaide Ave

17

Rossland Rd

Dryden Bv

8 36 Taunton Rd W

23 24 4

Ravenscroft

16 Sideline

Whitevale Rd

5 4

20 Sideline

Olive Ave

10

Beatrice St

55 13 37 Taunton Rd E

Fifth Conces

Westney Rd N

Church St N

Brock Rd

Adelaide Ave

29

46

26

60 3

18

22

68

21

33

To wn of W hitb y

Salem Rd

Paddock Rd

16 Sideline Brock Rd Cen tral St

Thornton Rd

Kendalwood R

Audley Rd

Greenwood Rd

16 Sideline

Stevenson Rd

Townline Rd

Audley Rd

Salem Rd

Park Rd S

Park Rd S

Henry St

Delaney Dr

12 Sideline

Brock St N

Lakeridge Rd

7

7 Concession

8 Concession

9 Concession

7

Baldwin St S

4 Sideline R

6 Sideline

Ritson Rd S tS eS co Sim

Garden St Blair St

Garden St

Coronation R

6 Concession

4 Sideline

4 Sideline R

Conlin Rd

35

Halls Rd N

Anderson St

Country Lane

8

Columbus Rd

Brawley Rd

Country Lane

Rossland/Winchester R

Village of Bro oklin

Myrtle Rd W

Cochrane

9

Thickson Rd

Wilson Rd S

Centre St.

Garrard Rd

54

53

11 10

Ashburn Rd

6

Taunton Rd W

Church St E

Thornton Rd

Baldwin St N

Duffs Rd

Lake Ridge R

Pickering, Ajax, Whitby, Oshawa

tN

Garrard Rd

Garrard Rd

Cedarbrook T

east region:

Mary St N

eS

co

Sim

Harmony Rd S

Central Park

Stevenson Rd

12

100

40

34

Conlin Rd

City of Oshawa

8 Concession

13 12

Stevenson Rd

Ritson Rd N

tE

Attention Builders Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

19 18 17 15 14

Wilson Rd N

wS

devie

Gran

ly

Harmony Rd N

Grandeview S

Bay

16

Townline Rd. Grandeview S


4

MENKES

Somerset

905-428-0500

56

DELPARK HOMES

The Woods of Nichol Trail

905-665-9555

57

GERANIUM HOMES

The Courts of South Rouge

geraniumhomes.com •

Price Range

1

BEAVERHALL HOMES

Parkside Walk

905-430-1227

2

GREAT GULF HOMES

WE9-Keiffer Court

905-619-3637

7

H&R DEVELOPMENTS

Taunton Wood Estates

hr-newhomes.com •

8

GLEN ROUGE HOMES

River Edge

905-655-8777

10

ORCHARD RIDGE HOMES

Foxwood

905-725-3456

11

CONSERVATORY GROUP

Carruther’s Creek Village

905-426-8081

13

LIZA COMMUNITIES

Folkstone

1-877-365-9555

14

RIVERFIELD BUILDING CORP.

Champlain Landing

905-850-9550

15

ROSE VALLEY HOMES

Altona Ridge Estates

1-888-228-2271

16

CACHET ESTATE HOMES

Olde Winchester in Brooklin

416-410-4873

17

SUNDIAL HOMES LIMITED

Central Park Village

905-427-8255

107 15F

from $355,000

6&7

from $242,000 from $700,000

• • •

Page No.

from $252,000

7G

105 11I 38&39

2K

from $285,000

11H

from $418,000

9G

from $214,000

10H

from $498,000

11G

from $250,000

14H

from $247,000

7J

from $335,000

10G

from $236,000

11I

from $297,000

1K

from $280,000

11E

from $241,000

12H

18

MIDHAVEN HOMES

Forest Hills

905-579-7491

from $342,000

14G

21

GREAT GULF HOMES

Grandview Oshawa

1-888-579-7235

from $287,000

14F

23

DELTA RAE DEVELOPMENT CORP. Cochrane Estates

905-444-9909

from $646,000

10G

24

TRIBUTE COMMUNITIES

The Hamlet

905-619-2050

from $233,000

8G

24

TRIBUTE COMMUNITIES

Imagination

905-683-1228

from $269,000

8G

25

MELODY HOMES

Brooklin Winchester

1-888-679-5744

from $260,000

11E

26

LIZA COMMUNITIES

Horizons of Oshawa

1-866-811-3011

from $245,000

15G

28

GREENVILLA HOMES

Henderson Place

416-561-3088

from $250,000

6I

29

DURHAM CUSTOM HOMES

Kingsway Forest

905-576-6771

from $225,000

15H

30

TRADEMARK COMMUNITIES

Townsgate

905-239-6909

from $185,000

6I

30

RUNNYMEDE

Townsgate

905-239-6909

31

PRESTON HOMES

Prestonvale Heights

905-432-2800

33

TRIBUTE COMMUNITIES

The Neighbourhoods of Windfields Farm 905-436-7444

from $360,000

13F

34

TRIBUTE COMMUNITIES

The Neighbourhoods of Park Ridge 905-723-2344

from $270,000

15G

from $330,000

11E

35

TRIBUTE COMMUNITIES

The Village of Brooklin West

905-655-9979

35

TRIBUTE COMMUNITIES

The Village of Brooklin West Townhome Collection

905-655-9979

36

LIZA COMMUNITIES

Heritage Village

1-888-655-6188

37

LAKEVIEW HOMES

The Forest of Lyndebrook

1-888-816-0143

38

LAKEVIEW HOMES

Centretown

1-888-816-0143

43

HIGHCASTLE HOMES

Spring Meadow

905-239-5399

43

HIGHMARK HOMES

Spring Meadow

905-239-4920

44

TRIBUTE COMMUNITIES

Grove

905-239-0674

45

SUNDIAL HOMES LIMITED

Mulberry Meadows

905-427-8255

46

VISTA HOMES

Steeple Hill Pickering

905-837-5447

46

DELTA RAE DEVELOPMENT CORP.

Harmony Valley

289-240-5410

from $185,000

6I

from $350,000

15J

from $330,000

11E

from $325,000

11G

from $350,000

10G

from $250,000

10G

from $227,000

7G

from $230,000

7G

• •

47

LIZA COMMUNITIES

Shorelands at Whitby’s Water’s Edge

1-877-540-2543

48

ROCKPORT GROUP LTD.

Saddlewood

905-424-7597

49

SENATOR HOMES

Harbourside

905-430-5957

54

BAYCLIFFE HOMES

The Gates of Whitby

905-668-9828

55

JEFFERY HOMES

Kedron Park Ravines

905-433-2173

60

GREYCREST HOMES

the fields of conlin

905-725-4539

65

MIDHAVEN HOMES

Breeze

1-877-773-6888

65

BROOKFIELD HOMES

Rosebank By The Lake

PickeringRosebank.ca

from $260,000

7I

from $190,000

6J

from $290,000

2J

from $230,000

15H

from $170,000

10K

from $300,000

7I

from $270,000

9J

from $250,000

9G

from $580,000

14G

from $310,000

15G

• •

15F from $550,000

2K

Pickering, Ajax, Whitby, Oshawa

1-888-579-7235

east region:

Stonecrest

M Fi a nd p er

Site

GREAT GULF HOMES

D

Tel

et a Se ch m ed To i w Co nho nd m o e

# Si te

Builder

3

101


ach

Re

Parkhill Rd.

7B

7

28

24 16

Peterborough

7

t.

rS

te Wa

28

7

134

Durham 23

St

7

Bloor St.

2

36

Hwy

Oke

Rd

33

Nash Rd

9

Lindsay St. North

6

34

Major St.

Lorne St.

Lindsay

Courtice

King St.

Port Perry

Hwy #7

Kent St

8

Harmony Rd 32

401 14

.

LAKE

ONTARIO

.

n

St. Ridout W al to

St .

25

To Belleville Jocalyn St

401

Lake Ontario

Port Hope

Marsh Rd

t. H wy 2

gS

Kin

Concession St

Baseline Rd. E

37

Concession Rd 3

13

Bowmanville/ Newcastle

21

12

Hwy

39

8

401

14

16

7

7 12 7A

Lake Scugog

18

18

r ill D Mc G

17

Lake Scugog

15

1

LAKE ON TA

Port Hope

5

MacDonald Cartier Freeway

106

RIO

35

115

29

19

Cobourg

Hwy 2

Hwy 401

Reg. Rd. 74

* Due to scale restrictions locators are approximate. Please see builder’s ads for exact locations.

17

To Toronto

Hwy

20

y2

St. Hw

Baseline Rd. W

26

King

48

45

11

Mearns

10

.

28

115

9 31 38 Lansdowne Ave.

7A

7

35

2

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

7 y4 30 Hw 10 Goodwood Rd

Mill St

7

Rd

K

19

4

35 Colborne St

6

to

J

I

H

G

F

E

D

Quaker Village Dr

Uxbridge

Centre

Rd.

ng

mo

C

15

Brock St

Brock Rd To

Reg Rd 8

St

to

ro n

Che Monaghan Rd.

B

Hwy 134

Liberty St. N Liberty St. S

A

Elgin Park

Durham Reg

Main St

5

Varcoe Rd Darlington Blvd

4

le Rd

3

West Townline Rd. N.

St. Joseph's Rd onva

Waverly Rd

Lambs Rd Hains St

2

t.

n io Un

Regional Rd 57

1

.

Mill St.

oS

Angelina St North

Uxbridge, Lindsay, Bowmanville/Newcastle, Courtice, Peterborough, Port Hope, Cobourg, Port Perry

Hwy 28

Av e Trulls Rd

McLaughlin Rd ille Rd Janetv

east region:

Reg. Rd 34 Courtice Rd

Hwy #12 (From Whitby)

tari

Simcoe St. (From Oshawa)

ron To

On

y2

Prest

Reg. Rd. 18

102 Hw


Estates of Wyndance

905-649-8197

36

SENATOR HOMES

Courtice Village

905-723-5989

39

H&R DEVELOPMENTS

Gracefields

hr-newhomes.com

45

HIGHCASTLE HOMES

Northglen

northglen.ca

45

DELPARK HOMES

Northglen

northglen.ca

45

ESQUIRE HOMES

Northglen

northglen.ca

48

BROOKFIELD HOMES

BrookHill

Brook-Hill.ca

48

JEFFERY HOMES

BrookHill

905-697-0765

1

MASON HOMES

Port Hope Golf & Country Club

905-373-4149

2

PARKVIEW HOMES

Woodland Acres

4

FANDOR HOMES

Vintage Uxbridge

5

NEW AGE HOMES

Port Hope Heritage

6

MASON HOMES

Cloverlea Lindsay

705-324-1653

Price Range

Page No.

from $900,000

18&19

3E

from $239,000

27

7K

from $302,000

21 14B

from $217,000

109 11B

from $217,000

109 11B

from $217,000

109 11B

from $200,000

17 10B

from $200,000

17 10B

from $200,000

12K

705-748-4663

from $220,000

3G

905-852-4717

from $350,000

5B 15I

• •

from $210,000

7A

from $260,000

14E

from $351,000

14E

from $150,000

2I

from $303,000

2I

8

KAITLIN GROUP LTD.

Port of Newcastle

1-800-305-6849

8

KYLEMORE COMMUNITIES

Port of Newcastle

905-987-5146

9

PARKVIEW HOMES

Harmony

705-748-4663

9

PARKVIEW HOMES

Lyon’s Gate II

705-748-4663

9

PARKVIEW HOMES

Mapleridge Townhomes

705-741-1004

from $228,000

2I

9

PARKVIEW HOMES

Timberwoods

705-748-4665

from $228,000

2I

9

PARKVIEW HOMES

Valleymore

705-748-4663

from $199,000

2I

10

DEER PARK

Deer Park Estates

416-223-3777

from $600,000

2E

14

RICE DEVELOPMENTS

Willmot Creek On The Lake

905-697-5806

from $225,000

11D

15

ALLIANCE HOMES

Butternut Village

905-852-5254

from $290,000

3C

16

PARKVIEW HOMES

Foxmeadow Estates

705-748-2828

from $208,000

3H

• • •

17

HALMINEN HOMES

Maplewoods

905-697-2857

18

B.G. SCHICKEDANZ

Lake Scugog Meadows

1-877-878-9899

• from $298,000

17B

11A

19

HEATHWOOD HOMES

Country Lane

905-862-0474

from $571,000

3C

20

GERANIUM HOMES

Verandas

905-885-0555

from $250,000

10I

21

INTRACORP

Liberty Crossing

905-697-5999

from $205,000

11A

24

PARKVIEW HOMES

Thompson Bay Estates

705-748-2828

from $217,000

3H

25

WEST PARK VILLAGE HOMES

West Park Village in Port Hope

905-373-4149

from $210,000

13I

25

VANDYK GROUP OF COMPANIES West Park Village

905-373-4149

from $210,000

13I

26

KAITLIN GROUP LTD.

Aspen Heights

905-697-0513

from $165,000

10C

26

KAITLIN GROUP LTD.

Condominiums at Clarington Centre 905-697-4513

from $210,000

10C

26

KAITLIN GROUP LTD.

Country Classics

from $300,000

10C

1-866-514-3573

28

B.G. SCHICKEDANZ

Chateau Villas at Baxter Creek Estates

1-800-467-1766

29

WEST PARK VILLAGE HOMES

West Park Village in Cobourg

905-373-4149

31

PARKVIEW HOMES

The Meadows

705-741-1004

32

FANDOR HOMES

Nestings in Aspen Springs

905-623-2164

33

HALMINEN HOMES

Oke Woods

34

CARRINGTON HOMES

Woodlands of Upper Courtice

35

MASON HOMES

Avonlea

37

PRISTINE HOMES

38

MELODY HOMES

39

THORNRIDGE HOMES

from $185,000

3K

from $200,000

18J

from $288,000

3I

from $245,000

11C

905-433-8891

from $249,000

8J

905-434-7797

from $260,000

9I

1-866-443-7900

from $190,000

3H

Wildflower

905-419-2400

from $260,000

12A

Fairview Heights

1-800-932-5332

from $172,000

2I

Gracefields

905-987-4226

from $259,000

14B

• •

Uxbridge, Lindsay, Bowmanville/Newcastle, Courtice, Peterborough, Port Hope, Cobourg, Port Perry

EMPIRE COMMUNITIES

Tel.

east region:

30

Site

Fi Map nd er

De ta Se ch m ed To i w n Co hom nd e o

# Si te

Builder

103


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MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 105


STYLE FINDS

green

ENVY

Whether it’s kelly green, chartreuse or lime, we can’t get enough of green. It’s the perfect colour to brighten your home this spring. — By Sara Duck —

Arched Crown Bevelled Mirror. $2,660

New York Market Street Dinnerware in Green by Kate Spade. $95 to $120

VISIT BARRYMOREFURNITURE.COM

VISIT BEDBATHANDBEYOND.CA

Tender: A Cook And His Vegetable Patch by Nigel Slater. $40

French Press Coffee Maker in Lime Green. $30 for 34oz.

VISIT ANTHROPOLOGIE.COM

VISIT BODUM.COM

Emily Throw. $39 VISIT URBANBARN.COM Continued on pg.108

106 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


Great Gulf’s Oshawa – still the best home value in the GTA!

'BCVMPVT TFNJT BOE 36 ft. lot homes up to $200,000 MFTT UIBO 5PSPOUP QSJDFT 'SPN TFNJT UP TJOHMFT ZPVS IPNFCVZJOH EPMMBS HFUT ZPV TP NVDI NPSF JO (SFBU (VMG T IVHFMZ TVDDFTTGVM 4UPOFDSFTU OFJHICPVSIPPE JO 0TIBXB With 3 .JLF /JWFO EFTJHOFE NPEFM IPNFT OPX PQFO UIF UJNF JT SJHIU GPS ZPV UP EJTDPWFS UIF best new home value in the GTA.

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107


STYLE FINDS continued

Bamboo Papers BP 2147. $245 per roll VISIT FARROWBALL.COM

Photo courtesy of Louis Vuitton. VISIT LOUISVUITTON.COM

Egg Chair by Arne Jacobsen for Fritz Hansen. $6,548 US VISIT DWR.COM

Anjou Cookie Jar. $148 VISIT ANTHROPOLOGIE.COM 108 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

Paint in Peale Green. Starting at $35 VISIT BENJAMINMOORE.COM

Boka Lime Table Lamp. $230 VISIT CRATEANDBARREL.CA


MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 109


HOT DATES

MARCH 2012

CALENDAR OF EVENTS TAKING PLACE FROM MAR. 3 TO 17

MARCH 4

MARCH 9-11

Juno Concert Series 2012

MegaSpeed Custom Car and Truck Show

HORSESHOE TAVERN

INTERNATIONAL CENTRE

The Juno Concert Series returns to present Canadian music at the Horseshoe Tavern, featuring pop, rock, punk and hip-hop. The show is presented by North by Northeast and features The Arkells, The Beauties, The Order of Good Cheer and more to be announced.

The MegaSpeed Custom Car and Truck Show brings together performance, horsepower and style for car enthusiasts with more than 300 exhibitors, 2013 Miss MegaSpeed contest, special guests and over 20 clubs and associations with themed displays. Grand Marshall Mike Holmes, from Holmes on Homes, showcases his charitable foundation, the Make it Right – Holmes Foundation, which celebrates the training of youth in the skilled trades.

junoawards.ca

megaspeedcarshow.com

MARCH 9-17

MARCH 12-17

Game of Thrones: The Exhibition

Toronto Fashion Week

TIFF BELL LIGHTBOX

DAVID PECAUT SQUARE

HBO Canada and TIFF Bell Lightbox have joined forces to bring a free exhibit based on the hit show Game of Thrones. The exhibit will include six costumes, props, weaponry, tableware and banners from the different Houses. The never before seen costume of season two's Melisandre is on display, as well as one of Daenerys' dragon eggs and King Baratheon's stag crown. The infamous Iron Throne will be in the lobby of the Lightbox, where visitors can have their picture taken as King or Queen.

Canada’s premiere fashion event returns to Toronto, with media, industry, buyers and consumers coming together to view collections of some of the best Canadian independent and international fashions of the season. In past years, the show has included clothing from designers such as Pink Tartan, Joe Fresh, Jay Manuel, David Dixon and more.

tiff.net

110 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

worldmastercardfashionweek.com


HOMEBUYERS’ HELP

HOMEBUYERS’ RESOURCE SECTION YOU LOVE THE HOUSE, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart


HOMEBUYERS’ HELP

You love the home SEE WHAT YOU CAN AFFORD!

Use this rule-of-thumb to see if you’ll qualify for a mortgage on your dream home 1. Calculate the combined monthly before-tax income of you and your spouse. 2. Divide by three. This figure is the monthly payment you can afford to make on your house. 3. Take the total price of the house and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow. 4. Look to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization. 5. Multiply this figure by the amount you need to borrow. Divide by 1,000. 6. Add to this your estimated monthly heating costs and monthly property taxes. 7. If this figure is equal to or less than one third of your gross monthly income, (calculated in Step 2) you’ll qualify for a mortgage on your dream home. The table on the opposite page shows the monthly payment of principal and interest for each $1,000 of mortgage.

Bear in mind this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford, is to go to the lending institution of your choice and get pre-qualified.

EXAMPLE: The monthly principal and interest payment for a $300,000 mortgage with a 25-year amortization period at 5% is as follows: ($300,000 ÷ 1,000) X 5.82 = $1,746 At current rates you can get a three-year mortgage for 4.15%, and a one-year mortgage at 3.90% (correct as of February 21st, 2012).

CALCULATE YOUR MORTGAGE PAYMENTS INTEREST RATE

i.e.

AMORTIZATION PERIOD

CHART FIGURE

25 yrs

5.82

5%

112 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012

X

MORTGAGE AMOUNT ÷ 1000 (Mortgage Amount $300,000)

=

MONTHLY PAYMENTS

$1,746


MORTGAGE PAYMENT CALCULATION CHART INTEREST RATES %

AMORTIZATION PERIODS 10 YEARS

15 YEARS

20 YEARS

25 YEARS

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40 6.55

6.25%

11.19

8.53

7.26

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45 8.62

9.50%

12.84

10.33

9.20

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75%

14.59

12.28

11.31

10.85

Compliments of the Calum Ross Mortgage Consulting Team. Great care has been taken in the creation of this table, however there is no guarantee of complete accuracy. MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 113


HOME BUYERS’ HELP

COMPARE MORTGAGE RATES FOR YOUR BEST DEAL CHARTERED BANKS ATB Financial Alterna Svgs/Alterna Bk

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

3.8

4.45 6.30op 4 6.30op 4.45 6.30op 4.55 6.45op

3.5 6.30op 3.05 6.30op 3.2 6.30op 3.65 6.50op 5.25

3.55 6.50op 3.3

3.95

4.64

4.04

3.35

3.4

3.45

3.55

3.95

4.64

3.49

3.89

3.99

4.39

5.29

5.5

5.75

6

6.5

4.45 6.45op

3.2 6.30op 3.5 6.35op 3.6 6.35op 3.15

3.55

3.95

4.64

5.24

3

Bank of Montreal

3.1

Bank of Nova Scotia

3.1

Bank West Canadian Western Bank CIBC

3.1

HSBC Bank Canada

3.1

ICICI Bank Canada

3.05

ING Direct

6.70op 4.45 6.20op

3

Laurentian Bank

n/a

Manulife Bank

2.9

National Bank

n/a

President’s Choice Finan

3.1

Royal Bank

3.1

TD Canada Trust

3.1

4.4 6.70op 4.45 4.45 6.70op 4.05 6.30op

TRUST COMPANIES

3.29

4.05

3.39

4.04

3.95

4.45

4.99

5.39

3.65

3.64

3.69

3.44

3.09

3.15

3.19

3.25

3.49

3.5 6.50op 3 4.00op 3.5 6.30op

3.55

3.95

3.39

3.79

3.15

3.3

3.35

3.4

3.55

3.95

3.39

4.04

3.2

3.24

3.3

3.49

3.2 6.30op 3.2 6.30op

3.55

3.95

3.39

4.04

3.55

3.95

3.39

4.04

AGF Trust

n/a

3.04

3.2

3.24

3.39

3.49

Community Trust

n/a

4.45

3.5

3.85

4.05

4.99

5.29

Effort Trust

n/a

4.45 6.30op 2.89

3.45 6.30op 2.99

3.8

3.9

4.6

5.1

4.55 6.50op 4.55 6.45op 2.75 3.30op

3.2 6.30op 3.65 6.50op 3

6.6 8.40op 4.45

2.99 9.00op 2.94

3.25

3.29

3.09

3.49

3.15

3.19

3.25

3.39

3.38

3.38

2.98

3.38

3.55

3.95

4.64

5.24

3.95

4.35

4.89

5.24

3.09

3.19

3.4

3.25

Home Trust Company

3.2

Investors Group Trust

n/a

MTCC

3.1

MRS Trust

n/a

ResMor Trust Company

2.99

3.19

3.49

3.49

3.55

3.95

4.64

5.24

3.89

3.99

4.39

5.29

3.9

4.05

3.4

2.89

3.19

4.1 3.39

OTHER FINANCIAL INSTITUTIONS Comtech Credit Union

2.85

First National Fin. LP

3

FirstOntario C.U.

3.05

Parama Credit Union

2.85

3.24 6.34op 3.2 6.30op 3.6 6.30op 2.89 6.30op 3.1

London Life

n/a

3.25

3.3

3.5

3.6

Steinbach Credit Union

2.5

2.75

3

3.1

3.25

3.5

Teachers Credit Union

4

3.29 6.50op

3.49

3.69

3.39

3.89

MCAP

3

Meridian Credit Union

2.85

6.34op 4.55 6.50op 4.45

4.45 6.30op

Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. = RATES ON REQUEST R/O = RENEWALS ONLY OP = OPEN ——- = NOT QUOTING N/A = NOT AVAILABLE February 21st, 2012. Prepared By Fiscal Agents Financial Information Services 905-844-770, www.FiscalAgents.com/mortgage/rates.

114 NEW HOME GUIDE GTA | MARCH 3 - 17, 2012


GTA

BUILDERS: If you would like to include your new model home or site opening, email wayne.karl@wall2wallmedia.ca. Please say you saw it in New Home Guide!

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NEW OPENINGS MATTAMY HOMES BRAMPTON • MOUNT PLEASANT NORTH Blue Ribbon Sales Event now on for this selection of three-storey townhomes and detached homes on 30-, 38- and 45-ft. lots. mattamyhomes.com TRIBUTE COMMUNITIES WHITBY • THE VILLAGE OF BROOKLIN TOWNHOMES Grand opening of new designer showhomes of bungalow towns with lofts and twostorey designs in North Whitby. mytribute.ca ASPEN RIDGE/REGAL CREST COUNTRYWIDE BRAMPTON • CREDIT MANOR Grand opening of Phase 2 continues – towns and singles, only minutes from Hwys. 401 and 407. yourkingdom.ca ASPEN RIDGE/COUNTRYWIDE/ ROSEHAVEN HOMES NOBLETON • KING COUNTRY ESTATES Phase 2 now open – an exquisite community of majestic homes and charming streetscapes with six decorated models open. kingcountry.ca

FIELDGATE/MADISON/ARISTA/ FOREST HILL HOMES RICHMOND HILL • JEFFERSON FOREST The wait is over – freehold townhomes and detached singles on crescents and cul-de-sacs in a ravine setting. iloveforest.ca TRIBUTE COMMUNITIES LAWRENCE PARK • CANTERBURY Grand opening – an exclusive collection of townhomes with magnificent architecture, elegant finishes and so much more. canterburytowns.ca ASPEN RIDGE HOMES & GREAT GULF HOMES KING CITY • KING OAKS Now open – two magnificent designerfurnished models of 70-, 80- and 90-ft. estate lot homes on the Oak Ridges Moraine. aspenridgehomes.com & greatgulfhomes.com

STARLANE HOMES STOUFFVILLE • BLUESKY Grand opening of a brand new community of freehold towns and singles in Stouffville. starlanehomes.com FIELDGATE HOMES RICHMOND HILL • BOND LAKE Now open – a limited collection of townhomes in a convenient Yonge St. location. fieldgatehomes.com BALLYMORE HOMES SUTTON • LAKE MEADOWS Grand opening – Phase 2 of these classic townhome designs and spacious singles on 42- and 50-ft. lots. lakemeadows.ca GREAT GULF HOMES OSHAWA • STONECREST Now open – new phase of semis and 36-ft. singles in successful neighbourhood. greatgulf.com

EMPIRE COMMUNITIES BINBROOK • SUMMERLEA Grand opening of 30-ft.-wide semis with two-car parking in an established, mature community. empirecommunities.com

NEW RELEASES GREAT GULF HOMES BRADFORD • SUMMERLYN VILLAGE New phase/lot release of 36-, 40- and 50-ft. lots minutes to the GO train just 30 minutes north of Toronto. greatgulfhomes.com

LAKEVIEW HOMES SHELBURNE • GREENBROOK VILLAGE Grand opening of 40-ft. homes, a short drive and significant savings from Brampton. greenbrookvillage.ca

SENATOR HOMES COURTICE • COURTICE VILLAGE Final release of townhomes, plus 30-ft. singles in an established community. senatorhomes.com

PRIMONT HOMES MARKHAM • HEIRLOOM Now open – final release of freehold, twoand three-storey towns and semis with attached garages. primonthomes.com

FOREST HILL HOMES & MADISON HOMES MARKHAM • CORNELL ROUGE New release – freehold towns and singles on 30-, 36- and 40-ft. lots with attached garages. Eight models now open. cornellrouge.com

FIELDGATE HOMES STOUFFVILLE • BLUESKY New release now open – 50-ft. designs with four decorated models opening for viewing. fieldgatehomes.com

HR DEVELOPMENTS TORONTO • WESTOWN New release of only 25 affordable condo suites from 649 sq. ft. in a prime neighbourhood. hr-newhomes.com

TOWNWOOD HOMES MARKHAM • GREENSBOROUGH PARK New release of 35’, 41’ and 45-ft. singles now available. townwoodhomes.com

MADISON HOMES MARKHAM • GREENSBOROUGH Final phase release of freehold towns, semis and detached homes on 35- and 41-ft. lots. madisonhomes.ca COUNTRYWIDE HOMES RICHMOND HILL • AUGUSTINE COLLECTION Luxury semis and singles in a desirable neighbourhood. countrywidehomes.ca DEZEN HOMES MISSISSAUGA • RAVINES ON FLETCHER’S CREEK All new release in signature community of luxury enclave of select 40-ft. lots. dezenhomes.com PRIMONT HOMES BRAMPTON • CASTLEMORE Now open – prime towns, semis and singles in a ravine setting. primonthomes.com

MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 115


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PREVIEW REGISTRATION ANDRIN HOMES BRAMPTON • TURNBERRY TOWNHOMES Coming soon – townhomes by the golf course in Brampton. andrinhomes.com

BEAVERHALL HOMES WOODBRIDGE • REGENCY ESTATES Now under construction – enclave collection of just 34 estate manor homes on 60-, 65- and 70-ft. lots. beaverhall.com

FERNBROOK HOMES & MONARCH CORPORATION OAKVILLE • BRONTE CREEK Register now for luxurious townhomes in Bronte Creek, Oakville’s natural neighbourhood. mybronte.com

MATTAMY HOMES MILTON • HAWTHORNE VILLAGE ON THE ESCARPMENT Coming soon, exclusive new townhome designs on the Escarpment. mattamyhomes.com

FALCONCREST HOMES & INTERCITY BRAMPTON • THE ESTATES OF CREDIT RIDGE Coming soon – semis and 40- and 50-ft. singles redefining luxury living alongside the Credit River. creditridge.com BROOKFIELD HOMES & JEFFERY HOMES BOWMANVILLE WEST • BROOK HILL Buy now and save on pre-construction pricing in master-planned community in Bowmanville West. brook-hill.ca MOSAIK HOMES BRAMPTON • CASTLEMORE CROSSING & THE ESTATES OF CREDIT RIDGE Coming soon – semis and detached homes in two premier communities. mosaikhomes.com ROSEHAVEN HOMES & TOWNWOOD HOMES BRAMPTON • MOUNT PLEASANT Coming in spring 2012 – detached homes on 30-, 38-, 41- and 45-ft. lots, plus 25-ft. attached singles. lovemountpleasant.com ASPEN RIDGE HOMES RICHMOND HILL • KETTLE LAKES CLUB Coming soon to Richmond Hill – a collection of executive townhomes on a protected ravine. aspenridgehomes.com

BROOKFIELD HOMES CALEDON • PATHWAYS Register now for these executive townhomes on parkside homesites. brookfieldhomes.ca MENKES OAKVILLE • MILLSTONE ON THE PARK Coming in early 2012, back-to-back townhomes at Millstone on the Park in Oakville. menkes.com

COUNTRYWIDE/GREENPARK/ ROYALCLIFF/STARLANE/ TOWNWOOD BRAMPTON • GATES OF COUNTRYSIDE Register now for all new phase of semis and 38- and 47-ft. singles in an established, family-first neighbourhood. gatesofcountryside.ca GREENPARK & STARLANE HOMES NEWMARKET • COPPER HILLS SOUTH Coming soon – Phase 2 of semis and singles on 36-, 41- and 45-ft. lots. copperhillssouth.ca NATIONAL HOMES MARKHAM • WISMER WOODS Coming soon to Markham – homes up to 3,900 sq. ft. close to a 40-acre park with forest and other amenities. nationalhomes.com

MADISON HOMES RICHMOND HILL • JEFFERSON FOREST Grand opening coming soon! Register now for a collection of detached homes and freehold towns. madisonhomes.ca HR DEVELOPMENTS MARKHAM • CASTLE SQUARE Coming soon to Markham – new release of freehold townhomes and detached homes on 40-ft. lots. hr-newhomes.com EMPIRE COMMUNITIES STONEY CREEK • VICTORY RIDGE Pre-register now for a stunning collection of townhomes and two-car garage detached homes on the edge of the Escarpment. empirecommunities.com STARLANE HOMES BRAMPTON • RIVER’S EDGE Coming soon – 38-, 47- and 55-ft. singles. Register online for priority registration. starlanehomes.com

MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 117


ADVERTISERS INDEX

Acorn Homes - Castlegate

71

Empire Communities - Riverland

18&19

Andrin Homes - Turnberry Townhomes

67

Empire Communities - Summerlea

18&19

Arista Homes - Jefferson Forest

95

Empire Communities - Victory Ridge

18&19

18&19

Aspen Ridge Homes - Countryside Meadows

1

Empire Communities - Wyndfield

Aspen Ridge Homes - Credit Manor Heights

1

Esquire Homes - Northglen

109

Family of Magazines - Promo

116

Aspen Ridge Homes - Kettle Lakes Club

Aspen Ridge Homes - King Country Estates

Aspen Ridge Homes - King Oaks

IFC&1

IFC&1,41

IFC&1

Fieldgate Homes - BlueSky Stouffville

25

Fieldgate Homes - Bond Lake Village

25

Aspen Ridge Homes - Kleinburg Hills

1

Fieldgate Homes - Corktown Mews

25

Aspen Ridge Homes - MacLeod’s Landing

1

Fieldgate Homes - Jefferson Forest

95

Aspen Ridge Homes - Upper Cornell

1

Fieldgate Homes - Milton Trails

25

Ballymore Homes - Lakeside Meadows

91

Fieldgate Homes - Potter’s Bend

25

Beaverbrook Homes - The Printing Factory

45

Fieldgate Homes - Valley Lands

Beaverbrook Homes - Victoria in Mount Albert

45

Fieldgate Homes - Victoria Manor

25

Brookfield Homes - BrookHill

17

Forest Hill Homes - Cornell Rouge

35, 97

Brookfield Homes - Pathways

73

Forest Hill Homes - Jefferson Forest

Calendar - Promo

Country Wide Homes - King Country Estates

104

41

Geranium Homes - The Courts of South Rouge

95

38&39

Great Gulf Homes - Castlemore Crossing

69

68

Delpark Homes - Northglen

109

Great Gulf Homes - Model Hom of the Month

Delpark Homes - The Woods of Nichol Trail

105

Great Gulf Homes - Stonecrest

Dezen Homes - Ravines on Fletcher’s Creek

60

Empire Communities - Estates of Wyndance

18&19

118 NEW HOME GUIDE GTA | FEB 18 - MAR 3, 2012

Insert

107

H&R Developments - Castle Square

21

H&R Developments - Gracefields

21


H&R Developments - Westown

21

Monarch Corporation - Corporate

IBC

Heathwood Homes - Mikey On Board

14

National Homes - Wismer Woods

31

Plaza Premium Lounge - resource

40

Highcastle Homes - Northglen

Home Builders Annual - Resource

Home Decor & Renovations - Promo

Home Decor & Renovations - Subscription

109

50 Primont Homes - Castlemore

12&13

Primont Homes - Heirloom in Markham

12&13

94

96 Rosehaven Homes - Gibson Heights

homeTRADER.ca - Promo

98

Jeffery Homes - BrookHill

17

Lakeview Homes - Greenbrook Village

89

Lifestyle Communities - Resource

72

Rosehaven Homes - King Country Estates

Madison Homes - Cornell Rouge

35, 37

Madison Homes - Greensborough

37

Madison Homes - Jefferson Forest

95

Madison Homes - Thornhill Ravines

37

Mattamy Homes - Hawthorne Village

Mattamy Homes - Mount Pleasant North

29,41

29

Rosehaven Homes - The Neighbourhoods of Mount Pleasant

5,29

Rosehaven Homes - Tiffany Hill

29

Senator Homes - Courtice Village

27

Senator Homes - Derry Village

61

Senator Homes - Havelock Corners

27

Senator Homes - Lakeside Cove

27

Shopping Guide - Resource

74

Starlane Home Corporation - BlueSky Stouffville

23

The Mortgage Centre - Calum Ross

43

8&9

BC

Menkes - Bloom Park Towns

6&7

Menkes - Humber Mews

6&7

Menkes - Millstone On The Park

6&7

Menkes - Somerset

6&7

Menkes - The Enclaves of Upper Canada

6&7

Meridian Homes - Credit Valley Manors

Rosehaven Homes - Lyon's Creek

29

65

Townwood Homes - The Neigbourhoods of Mount Pleasant

5

Tribute Communities - Landscapes

11

Your First Home - Resource

28

FEB 18 - MAR 3, 2012 | NEW HOME GUIDE GTA 119


FUNDAMENTALLY SPEAKING

How to find a home?

Pay attention to location, information and timing — By Wayne Karl —

D

espite what you often hear, buying a home isn’t only about location, location, location. True, this is the time-tested first rule of real estate, but there are other determining factors you must consider as part of your selection process. Indeed, there’s a new rule of thumb for buying real estate.

LOCATION First, what does that old adage really mean? Of course, we’d all love a high-end home in the best neighbourhood. But that’s not always possible. For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home; the more of them your home has when you go to sell, the more desirable it will be to a greater number of people. This equates to demand – multiple offers and a higher price. INFORMATION Whether you’re a first-time homeowner, “buying up” to accommodate a growing family or “right-sizing” as an empty nester, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in this magazine or on our sister website, HomeTRADER.ca, to the resources available to you at Canada Mortgage and Housing Corporation (CMHC), to the local market expertise of your realtor, the

more knowledge you have, the better equipped you are to make informed decisions about buying, maintaining and eventually selling your home. TIMING Though your home is your primary residence, it is also an investment. Where you buy is usually determined largely by where you want to live, work and play. But when you buy and sell is also important. Like any financial instrument, real estate can fluctuate in value and your timing can determine how good of an investment it is. Given today’s challenging economic climate, there’s no shortage of media reports on the ups, downs, crashes and surges of the housing market. But if you’ve done your research, you won’t be spooked – or excited – by big-picture reports on short-term market performance. You know that real estate is not national or even regional – it’s very specific. You don’t buy the Canadian market and you don’t buy a provincial or even regional market. You buy a specific home, on a specific street in a specific neighbourhood. So, it’s not just about “location, location, location.” The new adage is “location, information and timing.” Do well with all three, and over the long haul your home is going to be one of the best lifestyle and investment decisions you ever made.

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. Email him at wayne.karl@wall2wallmedia.com or follow him at Twitter.com/WayneKarl

MARCH 3 - 17, 2012 | NEW HOME GUIDE GTA 120


THE MORE MONARCH EVENT. IT’S NOT JUST ABOUT SAVING MONEY, IT’S ABOUT LIVING BETTER. Limited time only. Select low-rise communities and locations.

monarchgroup.net Prices, specifications and promotions are subject to change without notice. Renderings are artist concept and images are for mood and impression only. Offer is valid for limited time only. Please see Sales Representative for full details. E.&O.E. March 2012. 17481


GET MORE MONARCH TODAY. IT’S NOT JUST ABOUT SAVING MONEY, IT’S ABOUT LIVING BETTER. Limited time only. Select low-rise communities and locations.

monarchgroup.net Like us on:

facebook.com/monarchcorporation Follow us on:

twitter@monarch_group

Prices, specifications and promotions are subject to change without notice. Renderings are artist concept and images are for mood and impression only. Offer is valid for a limited time only. Please see Sales Representative for full details. E.&O.E. March 2012. 17481


gs are e only.


Introducing The Blue Ribbon

Sales Event

On Now For a Limited Time. Right now in Mount Pleasant North we’re offering great savings on every single home.

Save $15,000 on all Detached Homes Save $5,000 on all Townhomes Townhomes include Air Conditioning and 3 Kitchen Appliances. Brampton’s most well-connected new community now connects you to great savings. Purchase your new home today and find a blue ribbon on your front door.

Elev. ‘A’

Elev. ‘B’

Village Home, Plan 5, Elev. ‘A’, 1,351 Sq.Ft. WAS $274,990, NOW $269,990

Urban Townhome, Plan 4, Elev. ‘B’, 1,931 Sq.Ft. WAS $341,990, NOW $336,990

38' WideLot™, Plan 3, Elev. ‘A’, 2,260 Sq.Ft. WAS $464,990 NOW $449,990

45' WideLot™, Plan 2, Elev. ‘D’, 2,648 Sq.Ft. WAS $546,990 NOW $531,990

Townhomes From $254,990 Detached Homes From $347,990

Bovaird Dr./Hwy.7

www.mattamyhomes.com Presentation Centre Hours: Monday to Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.


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