HOMES Magazine – Greater Toronto Area – July 12, 2025
SIMCOE WOODS: SINGLES & TOWNS JUST MINUTES FROM LAKE SIMCOE.
The model home hours:
The Bridges Estates, Tillsonburg’s New Premier Community, set in The Bridges Golf Course where every detached home either backs onto a ravine lot, treed lot, or backs directly onto the golf course.
Phase 1 is now open for viewing and includes a limited selection of 10 Executive Townhomes.
When it comes to making that all important decision of buying a home, what matters most to you? A detached home on a nice lot with the proverbial white picket fence? Condo in a central location close to desired amenities? Proximity to transit, work and schools? Yes, those items still dot the wish lists of many prospective buyers, but a new report from ReMax Canada (see page 9) underlines just how shoppers’ desires are changing.
ReMax’s Next Neighbourhoods Report explores how high population growth and significant infrastructure investments, especially in transportation, are leading to improved neighbourhood quality across traditionally undervalued urban and suburban areas.
Focusing on the GTA and Vancouver, an Angus Reid survey commissioned by ReMax Canada found that 37 per cent of Canadians have made compromises to live closer to urban centres, including accepting a higher cost of housing. Almost half (41 per cent) of GTA residents compromised on price to land a location closer to an urban centre.
“New transportation links, often developed alongside housing, are transforming once overlooked and undervalued neighbourhoods into magnets for buyers seeking shorter commute times while achieving better affordability,” says Don Kottick, president of ReMax Canada.
“Livability is important to Canadians, and many buyers know what they’re willing to compromise on, in order to get more on their must-have list,” he adds. “Every market has something for everyone, but not all things. Compromise has always been part of the buying process, which includes managing expectations and setting realistic goals.”
Based on the criteria of affordability, quality of life and return on investment, two types of emerging neighbourhoods are highlighted in the report: Up-and-coming communities seeing advanced development, and regions that have traditionally been undervalued due to a lack of transportation access.
For the GTA, the report identifies the following hidden gem neighbourhoods: Aldershot South (Burlington), Clairlea-Birchmount (Toronto), Crown Point (Hamilton), Don Mills – Victoria Village (Toronto), Downtown Markham (Markham), Seaton (Pickering) and Wexford-Maryvale (Toronto).
Not all these areas have new home options, but what’s most important is what makes them appealing: Affordability, proximity to amenities such as restaurants and shopping, and public transit. In short, livability
Indeed, developers and new-home builders are fully aware of changing homebuyer demands, and are doing their part to cater to them as best they can.
As you research your new home destination, keep such criteria top of mind. Know what you want, what’s important to you, and what will make your new neighbourhood your own hidden gem.
HOME DESIGN | MARIAM ABOUTAAM
An award-winning interior designer, Mariam Aboutaam is Director, Sales and Marketing, Interior Design at Kylemore, Markham, Ont., a builder known for master-planned communities and luxury homes. kylemoreliving.com.
PERSONAL FINANCE | JESSE ABRAMS
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
WESTERN VIEW | MIKE COLLINS-WILLIAMS
Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.
TRREB REPORT | ELECHIA BARRY-SPROULE
Elechia Barry-Sproule is President of the Toronto Regional Real Estate Board (TRREB) and Broker/Owner of Red Apple Real Estate Inc. She is committed to mentoring and supporting real estate professionals across the industry. trreb.ca.
HOME REALTY | DEBBIE COSIC
Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca
REAL ESTATE PRO | BARBARA LAWLOR
Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com
BILD REPORT | DAVE WILKES
Dave Wilkes is president and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca
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SENIOR VICE-PRESIDENT, SALES, NEXTHOME
Hope McLarnon
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hope.mclarnon@nexthome.ca
DIRECTOR OF SALES, ONTARIO, NEXTHOME Natalie Chin 416.881.4288 natalie.chin@nexthome.ca
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EDITORIAL DIRECTOR Amanda Pereira
EDITOR-IN-CHIEF – GREATER TORONTO AREA
Wayne Karl wayne.karl@nexthome.ca
CONTRIBUTORS
Mariam Aboutaam, Jesse Abrams, Elechia Barry-Sproule, Mike Collins-Williams, Debbie Cosic, Barbara Lawlor, Linda Mazur, Ben Myers, Dave Wilkes
EXECUTIVE MEDIA CONSULTANTS Jacky Hill, Michael Rosset
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INTEREST RATE CUTS AND TRADE CERTAINTY WOULD
FURTHER IMPROVE HOME
Ownership housing affordability continued to improve in June, as average selling prices and borrowing costs remained lower than last year’s levels, according to the Toronto Regional Real Estate Board (TRREB). However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty.
“The GTA housing market continued to show signs of recovery in June,” says TRREB President Elechia Barry-Sproule. “With more listings available, buyers are taking advantage of increased choice and negotiating discounts off asking prices. Combined with lower borrowing costs compared to a year ago, homeownership is becoming a more attainable goal for many households in 2025.”
GTA realtors reported 6,243 home sales through TRREB’s MLS system in June 2025 – down by 2.4 per cent compared to June 2024. New listings amounted to 19,839 – up by 7.7 per cent year-over-year.
On a seasonally adjusted basis, June home sales increased monthover-month compared to May 2025. New listings declined compared to May. The monthly increase in sales coupled with the monthly decline in new listings continued the tightening trend experienced during the spring.
The MLS Home Price Index Composite benchmark was down by 5.5 per cent year-over- year in June 2025. The average selling price, at $1.10 million, was down by 5.4 per cent compared to June 2024. On a month-over-month seasonally adjusted basis, the MLS HPI Composite and average selling price both edged lower compared to May 2025.
“A firm trade deal with the United States, accompanied by an end to cross-border sabre rattling, would go a long way to alleviating a weakened economy and improving consumer confidence,” says TRREB Chief Information Officer Jason Mercer. “On top of this, two additional interest rate cuts would
SALES: TRREB
make monthly mortgage payments more comfortable for average GTA households. This could strengthen the momentum experienced over the last few months and provide some support for selling prices.”
“It is important to highlight that housing is not just impacted by economic and financial issues,” adds TRREB CEO John DiMichele. “Canadian residents, both homeowners and renters alike, are increasingly having to deal with the nightmare of violent home invasions and carjackings.
“TRREB is encouraged by the recent federal announcement to table a crime bill this fall introducing stricter bail conditions and sentencing for these disturbing crimes,” he says. “While this is a good first step by the federal government to strengthen public safety, more is needed, such as working with provinces to increase law enforcement funding and improve capacity and efficiency in the court system.”
TRANSIT AND HOUSING BOOST APPEAL AND AFFORDABILITY: REMAX CANADA
Greater Toronto and Greater Vancouver are experiencing population growth of more than three per cent annually, and significant infrastructure investments, especially in transportation, are leading to improved neighbourhood quality across traditionally undervalued urban and suburban areas, according to the Next Neighbourhoods Report from ReMax Canada.
“Canada’s urban population is growing at an astonishing pace,” says Don Kottick, president of ReMax Canada. “Municipalities need to work with their provincial and federal counterparts to increase transit and housing infrastructure –which is already happening in some pockets of the Greater Toronto and Greater Vancouver Areas. New transportation links, often developed alongside housing, are transforming once overlooked and undervalued neighbourhoods into magnets for buyers seeking shorter commute times while achieving better affordability. Expanding access strengthens connectivity in community and creates excellent potential for long-term liveability and value.”
Benjamin Tal, deputy chief economist at CIBC says, “population growth normally tracks at one per cent annually, but Canada has consistently seen upwards of 3.6-per-cent growth year-over-year. Governments, at all levels, are underprojecting the population increases and consequently, could repeat past mistakes if they don’t pivot to reality. The Canadian government has realized
they can have too much of a good thing, and need to have sustainable, measured growth.”
An Angus Reid survey commissioned by ReMax Canada found that 37 per cent of Canadians have made compromises to live closer to urban centres, including accepting a higher cost of housing.
Almost half (41 per cent) of GTA residents compromised on price to land a location closer to an urban centre.
“Livability is important to Canadians, and many buyers know what they’re willing to compromise on, in order to get more on their must-have list,” Kottick adds. “Every market has something for everyone, but not all things. Compromise has always been part of the buying process, which includes managing expectations and setting realistic goals.”
Based on the criteria of affordability, quality of life and a buyer’s return on investment, two types of emerging neighbourhoods surfaced: Up-andcoming communities seeing advanced development, and regions that have traditionally been undervalued due to a lack of transportation access and misconceptions.
The survey reports that 37 per cent of Canadians valued affordability as a top factor in choosing their neighbourhoods, followed closely by proximity to amenities such as restaurants, shopping and grocery stores (36 per cent) and convenient access to public transit (31 per cent). Canadians want to spend more time in their neighbourhoods shopping
at local stores (58 per cent), dining out (52 per cent) and socializing with friends, family and neighbours (43 per cent), underpinning the impact a chosen community has on day-to-day liveability.
As governments at all levels invest in infrastructure and community revitalization, most Canadians say they feel these policies bring added benefits to their communities, with more businesses (88 per cent) and restaurants (87 per cent) having the greatest impact. New infrastructure, especially transit development, ranks lower at 41 per cent, but arguably has the biggest impact on the emergence of a “next neighbourhood.”
As population increases, governments have begun investing in transit infrastructure – often a precursor to new businesses flocking to communities and facilitating growth. “Communities often experience transit development before and alongside new residential housing,” says Kottick. “In Ontario, we’ve seen rapid housing developments labeled TransitOriented Communities hugging the new Ontario Line actively under construction.”
Tal adds, “Canada needs to look at alternative housing models including factory-made construction to drastically increase housing starts to address the ongoing supply issue. Expanding transit and other infrastructure is also just as important, as it adds affordability and connectivity to traditionally less-accessible communities.”
‘NEXT NEIGHBOURHOODS’ IN THE GTA
• Clairlea-Birchmount (Toronto)
• Wexford-Maryvale (Toronto)
• Crown Point (Hamilton)
• Aldershot South (Burlington)
• Downtown Markham (Markham)
• Seaton (Pickering)
• Don Mills – Victoria Village (Toronto)
NEW COMMUNITY
Build your future at The Block on Clair in Guelph
Reid’s Heritage Homes is changing the game with a groundbreaking new initiative – the RHH BUILD Program, in partnership with RBC – at its new community, The Block on Clair in Guelph.
LUXURY LOWRISE
Welcome to The Bridges Estates – a new premier development by Tillsonburg Developments
Looking for relaxed golf course living in a quaint little town, yet still with all the amenities you’ll ever need? Welcome to The Bridges Estates in Tillsonburg, Ont.
– a premier community of luxury detached and freehold townhomes nestled alongside The Bridges Golf Course – by Tillsonburg Developments Inc.
HOMEBUILDING
2025 BILD Awards celebrate homebuilding excellence in GTA
The Building Industry and Land Development Association recently recognized excellence in the design, construction, marketing and sales of new homes in the GTA at its 2025 BILD Awards Gala.
Visit nexthome.ca
INSIGHT
Navigating media hype and finding your own path in the condo market
If you’ve been paying attention to the Toronto housing market over the past two decades, you’ve probably noticed a shift – not just in prices or construction activity – but in how the market is portrayed in the media. With wildly divergent takes on where the market is headed, who to trust?
HOME DESIGN
Designing dream bathrooms
A bathroom isn’t just a necessity, it’s a space to retreat, refresh and reset. That’s why it’s important to prioritize spacious, functional ensuites, while also considering the layout and convenience of secondary bathrooms.
INSPIRED LIVING BEGINS HERE
Rosehaven Homes has built more than homes – it has built communities designed to elevate everyday living. With more than three decades of experience, every home the company delivers stands as a promise of enduring quality, thoughtful design and better living.
SIMCOE WOODS – A NATURAL RETREAT WITH URBAN ACCESS
NOW SELLING IN INNISFIL
Escape the city without leaving behind convenience. Simcoe Woods in Innisfil is a charming community of 20-ft. freehold towns, 33- and 39-ft. singles – with prices starting from the
$700,000s – located just five minutes from the sparkling shores of Lake Simcoe.
This thoughtfully planned neighbourhood offers a serene lifestyle surrounded by parks, walking trails and greenspaces, while remaining well connected to urban conveniences. Enjoy the local shops, restaurants and waterfront attractions of Alcona, with quick access to Hwy. 400 and the proposed Innisfil GO Station ensuring you’re never far from Toronto or the rest of the GTA.
Whether you’re enjoying a day at the beach, spending time in your newly designed home or discovering
local gems, Simcoe Woods gives you the freedom to live at your pace – all while enjoying Rosehaven quality every step of the way.
The presentation centre and model home is located at 2153 Donnelly Cres., Innisfil. Call 249.388.8561 or email simcoewoods@rosehavenhomes.com.
DISCOVER IVY ROUGE BY ROSEHAVEN HOMES
NOW SELLING IN OAKVILLE
Oakville has always been a place of distinction – from the grandeur of its lakeside estates to the charm of its downtown boutiques and the
Rosehaven Homes’ Simcoe Woods model home, Innisfil
convenience of its rapidly expanding uptown core. Now, in the heart of North Oakville, Ivy Rouge continues this legacy of prestige.
Located at Sixth Line and Burnhamthorpe, Ivy Rouge is a sophisticated new community of singles, semis and freehold townhomes starting from $1.1 million. Now in its highly anticipated third phase, every home here is a showcase of timeless architecture, elegant design and thoughtful functionality – built with the unparalleled craftsmanship that has made Rosehaven Homes a trusted name in homebuilding for more than 30 years.
Enjoy an abundance of nearby amenities, from high-ranking schools and major retail centres to trails, parks and golf courses. Ivy Rouge places you in the centre of Oakville’s best –an ideal setting for growing families, working professionals and those seeking both luxury and lifestyle in one address.
Visit the presentation centre at 310 Randall St., Oakville, call 905.844.8795 or email ivyrouge@rosehavenhomes.com.
THE MAYFIELD COLLECTION –PRESTIGE IN A PASTORAL SETTING NOW
SELLING
IN CALEDON
Set against the backdrop of Caledon’s rolling countryside, The
Mayfield Collection is a refined offering of spacious singles on expansive lots, starting from $1.3 million. Located just north of Brampton, this community blends the tranquility of rural living with the conveniences of urban life.
Here, tree-lined streets and elegant home designs define the streetscape. Inside, open-concept layouts, designer kitchens and luxurious finishes come standard – a testament to Rosehaven’s commitment to exceptional quality and livability.
With nearby amenities, including shopping centres, schools, parks and easy connections to major highways, The Mayfield Collection offers the best of both worlds – countryside calm and city convenience. It’s prestige living, perfected.
The presentation centre and model homes are located at 22 Stratford St., Caledon. Call 905.216.1163 or email mayfieldcollection@rosehavenhomes.com.
THE REBECCA – DOWNTOWN LIVING WITH DESIGNER FLAIR
NOW SELLING IN
HAMILTON
In the heart of downtown Hamilton, The Rebecca is a striking new condo residence offering exceptional value, modern style and vibrant city living –with suites starting from the $400s.
This contemporary midrise building puts you at the centre of Hamilton’s cultural scene – just steps from
restaurants, cafes, galleries, transit and more. Thoughtfully designed suites feature smart layouts, large windows, premium finishes and access to boutique amenities, including a fitness centre and rooftop terrace.
With limited-time incentives available – including no GST (see sales representative for details) – The Rebecca is a rare opportunity for firsttime buyers, young professionals and investors to own in one of Ontario’s fastest-growing cities.
Visit the presentation centre at 212 King William St., Hamilton, call 905.529.8383 or email rebeccacondos@rosehavenhomes.com.
Find the home that’s right for you. Learn more at rosehaven.com.
The Rebecca Condos, Hamilton
Mayfield Collection model home, Caledon
Ivy Rouge, Raymar El. C, Oakville
INVENTORY IS GROWING, RATES ARE EASING…
IS NOW A GOOD TIME TO BUY?
JESSE ABRAMS
As homebuyers across Canada wait and wonder, a quiet shift is underway. After years of bidding wars, recordlow listings and rising interest rates, the 2025 housing market looks a little different, particularly in major centres such as the GTA, Vancouver, Calgary and Edmonton. Across these markets, inventory is climbing, sellers
are adjusting and interest rates have begun trending downward. For many, this begs the question: Is now finally a good time to buy? Let’s break it down.
A MARKET WITH MORE CHOICE
According to recent data from the Canadian Real Estate Association, housing inventory in key urban markets has grown steadily over the past six months. New listings are up, and active inventory levels, especially in Alberta and Ontario, are giving buyers more breathing room than they’ve had in years.
“ ” If you’re a buyer who was priced out by rate increases in 2023 or 2024, now might be the time to revisit your numbers.
Why the shift? A mix of factors:
• More homeowners are listing ahead of mortgage renewals
• Pre-construction completions are hitting the market
• Buyers are more cautious, giving sellers less leverage This has created what some would call a “balanced market,” and in certain neighbourhoods, even a buyers’ market as prices have dropped in some areas quite significantly from the height of the market in early 2022. Translation: More negotiating power, less pressure to waive conditions and actual time to think before you sign.
MORTGAGE RATES: SLOWLY BUT SURELY, THEY’RE MOVING
After two years of aggressive interest rate hikes, we’ve finally started to see some movement in the other direction.
In June 2024, the Bank of Canada made its first rate cut since 2020, a symbolic shift that could continue if inflation remains under control. While fixed mortgage rates had already
started to edge lower in anticipation, this move may signal more favourable borrowing conditions ahead.
If you’re a buyer who was priced out by rate increases in 2023 or 2024, now might be the time to revisit your numbers. With mortgage approvals becoming more flexible and options more competitive, monthly affordability is improving – even if prices haven’t dropped dramatically.
PRICES ARE STABLE, BUT NOT SOARING
Contrary to some expectations, we haven’t seen a crash in home prices. Instead, while some markets have seen prices drop 10 to 15 per cent from the peak in 2022, many markets have seen flat or slightly softened prices, especially in suburban areas or higher-density housing types such as condos and townhomes.
This stability can actually be good news. It suggests a healthier, more sustainable market – one that isn’t driven by frenzied speculation or fear
of missing out. For buyers, that means a clearer picture of what they’re walking into. No guessing games. No wild swings.
SO, IS NOW A GOOD TIME TO BUY?
There’s no universal answer, but here’s a good framework:
YES, NOW COULD BE A GOOD TIME TO BUY IF:
• You have a stable income and a down payment in place
• You plan to stay in your home for at least three to five years
• You’re buying a property that meets your long-term needs
• You’re getting a mortgage rate that aligns with your monthly comfort zone
If that’s you, the current market could offer more selection, less competition and improving borrowing conditions.
At Homewise, we work with first-time buyers and seasoned homeowners every day, helping them compare mortgage options from more than 30 lenders. What we’re seeing right now is slightly renewed optimism, especially among those who were sidelined last year due to rates or limited inventory. That doesn’t mean it’s a race. But it does mean opportunity is creeping back in.
FINAL THOUGHT
Markets don’t always send a clear signal. But growing inventory plus easing rates equals a compelling combination. For buyers who are prepared, thoughtful and financially ready, this could be a window worth considering. And if you’re not quite ready to jump in, that’s okay, too. The market is shifting toward balance. Which means, for once, time may be on your side.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm. thinkhomewise.com
+MORE CONTENT ONLINE nexthome.ca
WHY A PAUSE ON INTEREST RATES, MARKET MOMENTUM
AND BUYER CONFIDENCE REPRESENTS WINDOW OF OPPORTUNITY
DEBBIE COSIC
Another rate hold from the Bank of Canada on June 4 underscores the delicate balancing act between taming inflation and sustaining economic momentum. For the housing market, this continued pause places further strain on affordability, especially for first-time buyers and variable-rate mortgage holders who were holding out hope for relief this summer.
While some were anticipating that a series of rate cuts would unlock pent-up demand and reignite activity, the most recent announcement suggests a slower-than-expected rebound. We can expect real estate decisions – from home purchases to development launches – to remain measured and cautious through the summer months.
However, I have to express a degree of personal disappointment.
Canada is in the midst of a housing and affordability crisis that is not only persistent, but increasingly urgent. We’re seeing more families sidelined from homeownership, more developers hesitating to bring projects to market, and more young people wondering if they’ll ever build a future in a system that feels out of reach.
While I respect the Bank’s cautious stance in battling inflation, the current pace of monetary policy adjustment feels misaligned with the severity of
the housing challenge on the ground. At a time when Canadians are feeling squeezed from all angles, the need for a more responsive, coordinated approach has never been greater.
What we need now is not only responsible rate policy, but real, multi-level government intervention that supports housing supply, affordability and access. That means:
• Enhanced support for first-time homebuyers (especially when it comes to down payments)
• Re-evaluation of restrictive lending criteria that lock out qualified buyers
• Acceleration of development approvals and smarter zoning policy
• Access to flexible financing tools that empower families and investors alike
Despite the short-term pause, there is still reason to feel cautiously optimistic.
The next Bank of Canada announcement on July 30 may
land at just the right time to bring momentum back into the market and set the stage for a strong, active fall. But the wise buyer or investor won’t wait for a headline to act. With attractive deals already circulating –particularly in pre-construction and value markets, this summer presents an important window of opportunity. In real estate, timing is everything and smart decisions start before the headlines change.
Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca
NOW IS THE PERFECT TIME
FOR OPTIMISM
Want to help improve the economy?
Buy a new home or condo. Consumer confidence has a lot to do with making an economy thrive.
The more optimistic consumers are about their financial situations, the more spending we see happening. In turn, this drives economic growth and encourages investment and job creation. In fact, consumer spending is a significant driver of our economy by contributing to our GDP (gross national product) and employment.
According to the Canadian Construction Association, the construction industry employs more than 1.6 million workers in Canada and contributes approximately $162 billion to our economy each year. This accounts for 7.5 per cent of Canada’s GDP.
The construction industry also involves numerous related services, including sales and marketing brokerages, heavy and civil engineering, trade contracting, property management firms, ad agencies, public relations firms, cabinet companies, roofing contractors and numerous construction suppliers, representing thousands of jobs.
Real estate is also a foundation of wealth creation for homeowners and has been for decades because of the appreciation of properties. Canadian investment dollars also make for substantial rental income for investors. Currently, forces have conspired to make this an excellent time to buy a new home or condominium.
First, pricing has come down out of necessity, especially when you consider the generous incentives developers are offering nowadays. Ask about low and extendedpayment deposits, up to five years free maintenance fees, cashback on closing, moving costs paid and zero closing costs.
For example, at The Dawes by Marlin Spring, Condos in the Danforth, purchasers of threebedroom suites receive a payment from the developer after closing of $4,000 per month for two years; twobedroom $3,000 per month for two years, and one-bedroom and onebedroom plus den $2,700 a month for two years. This amounts to up to $96,000 in total savings and helps pay the carrying costs each month for the duration. In addition, there are reduced development charges and levies, and owners have the right to lease during interim occupancy.
Mortgage interest rates are still historically low, and this has a massive effect on how much in monthly payments buyers can make. And
remember the new government help for affordability (elimination of GST for first-time buyers up to $1 million; lower GST for up to $1.5 million). In addition, there is talk of expanding this benefit to all new home buyers, not just first-time purchasers.
One of the best things about buying a new home or condominium is that you can find something that fits your lifestyle and timing. Move in now or in a couple of years – and be the very first to live in your beautiful space. Warranty coverage is another benefit of buying new.
When our housing market booms, there are ripple effects that contribute to a healthy economy. If you are thinking of buying your first home or you are an experienced homebuyer, consider taking a good look around right now for incredible deals. Become an economic driver for your financial future and that of Canada’s. But new, and buy now.
Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com
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BARBARA LAWLOR
The Winston by INSOHO
IS NOW THE RIGHT TIME TO BUY A HOME?
FOR MANY, THE ANSWER IS YES
ELECHIA BARRY-SPROULE
Have you been waiting for the right time to buy a home? You’re not alone. Over the past year, many would-be buyers have watched the market closely, waiting for conditions to shift in their favour.
That shift began in May.
Across the Greater Toronto Area (GTA), more homes came on the market, prices eased compared to last year, and borrowing costs improved. For buyers who were ready – and working with a knowledgeable realtor – that meant more choice, stronger negotiating power and the ability to move forward with confidence.
According to TRREB’s latest Market Watch report, GTA realtors recorded 6,244 home sales in May 2025, a 13.3-per-cent decline from May 2024. At the same time, new listings were up by 14 per cent year over year. This signals a shift toward a more balanced market – which gives buyers more leverage.
AFFORDABILITY IS GAINING GROUND
Housing affordability has improved. The average selling price in May was $1.12 million – down four per cent compared to May of last year. The MLS Home Price Index Composite benchmark also declined by 4.5 per cent year-over-year.
Combined with lower borrowing costs than this time last year, these changes are helping more buyers find a way into
the market. For many, the numbers now work where they didn’t before.
However, real estate is never onesize-fits-all. While some areas are heating up, others still offer room for negotiation. That’s where local expertise becomes invaluable. A realtor who understands your target neighbourhood and property type can help you navigate today’s evolving market and make informed decisions.
SIGNS OF A REBOUND
Sales and average prices both ticked up from April to May on a seasonally adjusted basis. This was the second month in a row that sales improved, suggesting that buyers are starting to re-engage.
Still, some households remain cautious, especially in light of broader economic uncertainty and interest rate trends. As TRREB CEO John DiMichele notes, “With the federal government’s housing commitments reiterated in the Throne Speech, we now need concrete actions that will restore housing affordability across the GTA and the rest of Canada.”
We’re watching closely for further interest rate cuts, faster housing approvals, and relief from high taxes and fees – all of which are critical to unlocking supply and keeping homeownership within reach.
READY TO MAKE A MOVE?
Whether you’re buying your first home or looking to smart-size, now is the time to explore your options. Increased inventory, improved affordability and less competition may make this the opportunity you’ve been waiting for.
A professional realtor can guide you through the numbers, help you assess your choices and ensure you’re positioned for success.
For more housing insights and the latest Market Watch reports, visit trreb.ca.
Elechia Barry-Sproule is President of the Toronto Regional Real Estate Board (TRREB) and Broker/Owner of Red Apple Real Estate Inc. She is committed to mentoring and supporting real estate professionals across the industry. trreb.ca.
BROWNSTONES AT ANGUS GLEN
– A PRIVATE ENCLAVE FOR MODERN FAMILIES
Nestled beside lush valleylands and overlooking the prestigious Angus Glen Golf Club, Brownstones offers a rare opportunity for families to move into a newly completed luxury townhome community this fall. Designed with nature, privacy and lifestyle in mind, this intimate Unionville enclave seamlessly blends classic architectural elegance with the tranquility of surrounding woodlots and trails.
Spacious three-storey townhomes, priced from $1.48 million, cater to move-up buyers, young families, professionals and
downsizers alike. Refined exteriors of brick and stone, paired with superior interior finishes such as 10-ft. ceiling heights, stone countertops, premium appliances and an array of energy-efficient features create a durable home with built-in value.
Residents enjoy four parkettes, including a playground, pedestrian pathways and a new trail system that meanders past ponds and mature trees. The neighbourhood is a short walk to an incredible multi-faceted community centre and minutes to Unionville’s Main Street.
With nearby schools and transit, and walkable access to shops and dining, Brownstones is more than just a place to live, it’s where nature, luxury and convenience meet. Purchasers who act fast will choose their own interior finishes and be able to move in this fall where they can call this one-of-a-kind community home.
For more information, visit the Kylemore Presentation Centre at 4500 Major Mackenzie Dr. in Markham, call 905.887.9950 or visit kylemoreliving.com.
TITLE INSURANCE: HOW LESS THAN $500
CAN PROTECT YOU FROM TITLE FRAUD
MIKE COLLINS-WILLIAMS
Buying a home is one of life’s most exciting milestones. Amid the joy of choosing paint colours and booking movers, there’s one important protection homeowners often overlook: Title insurance. For a onetime cost of about $250 to $500, title insurance can shield you from legal and financial nightmares, including the growing threat of title fraud.
Title insurance provides peace of mind by protecting homeowners from issues that may not surface during the property closing process. These issues can include errors in public records, undisclosed liens and – most alarmingly – title fraud. In cases of title fraud, criminals steal your identity and use it to illegally sell or refinance your property without your knowledge. Homeowners typically don’t find out until they try
to sell their home or receive overdue mortgage payment notices.
Those most vulnerable to title fraud include homeowners who have paid off their mortgages and landlords who rent out their properties. However, anyone who owns a home can become a target. Fraudsters are becoming increasingly sophisticated, using forged documents and fake identification to gain access to a property’s legal title. Once that happens, they can remortgage or even sell the home, leaving the rightful owner in a costly and emotionally distressing situation.
Title insurance is a one-time premium paid at the time of closing, though it can also be purchased later as a homeowner policy. While postclosing policies may have certain limitations, they can still provide crucial protection, particularly in private transactions or estate sales.
While title insurance cannot prevent fraud, it can help mitigate the damage. In the event of title theft, it can cover legal expenses required to restore your ownership rights and defend against fraudulent claims.
Some policies even include coverage for legal services, but it’s important to read the fine print and ask your real estate lawyer for clarification on what your policy includes.
Although title insurance is optional in Ontario, it’s a smart investment considering the risks. For less than $500, you can protect what is likely your most valuable asset. In a housing market where title issues and fraud are not completely uncommon, this small one-time expense offers substantial long-term security. Before finalizing your home purchase, or even if you’ve already closed, speak with your lawyer about title insurance. It may be one of the most important steps you take to safeguard your home – and your peace of mind.
Mike Collins-Williams, RPP, MCIP, is CEO
INSPIRATION | decor
floors GET INSPIRED WITH YOUR
by LINDA MAZUR
With the start of each renovation project, it’s easy to get caught up in the fun details of colours, furnishings and finishes. The aesthetics of your home are obviously of great importance and should reflect your personality, as well as how you live. We constantly explore design magazines and Pinterest for inspiration and the latest trends to give us a direction for our next renovation. Not wanting to compromise, we aim to create a magazine-worthy look in our homes,
while being true to our budgets. When designing a space, many of us look to fabrics and colours as our inspiration… why not look down and get inspired by your floors instead? Flooring is one important aspect of your home and should not be overlooked. Whether you consciously notice or not, flooring can make a large impact to the overall aesthetic of your space. When it comes to the more permanent finishes in your home, such as flooring, it is important to find materials, styles and colours
that suit your functional needs, while complementing your style and budget.
For several years, we have witnessed a huge expansion in flooring products. With advancements in quality, durability and applications, as well as colours and finishes, there seems to now be endless choices to suit all budget levels. We are all familiar with traditional hardwood and engineered flooring. Traditional hardwood, due primarily to the installation method, is not a
customary option for condo living. Engineered wood, on the other, hand can be a great option for condo flooring. Much like natural hardwood, engineered wood floors add wonderful warmth and elegance to a space, but with the added benefit of being lighter in weight for condos and have varying installation methods that are just not suitable for solid hardwood. Engineered also has the added benefit of reduced shrinkage and expansion that is more customary with solid hardwood, offering greater stability with less warping and gaps.
Trends have been moving more towards softer and naturally warmer organic tones for flooring. Rich walnuts, lighter natural white oaks and a resurgence of rich, deeply saturated espresso browns to name a few. While the lighter tones are a perfect neutral foundation that integrates well with anything from a more minimalist, modern style to traditional, these warmer yet richer tones can create a sense of luxury, drama and sophistication.
With technological advancements, “faux” flooring options look more and more like the real thing, and can be a less costly option for your home. They are not only highly durable with waterproof options, but beautifully
texturized to appear natural looking, while being low maintenance.
Laminate, which has been around for a while, is a hard surface flooring that is manufactured using material such as medium or high-density fibreboard to form the core.
Luxury vinyl, on the other hand, is a soft surface flooring product that is flexible. It comes in a variety of installation options, providing not only a great look, but comfort as well. Luxury vinyl is available in an abundance of fantastic options that have the look of wood, stone or other natural material.
Vinyl composite core is a flooring option that combines the best features of laminate and luxury vinyl. Boards are rigid planks that click together like laminate, but are constructed from a water-resistant vinyl composite material that gives them the flexibility of vinyl flooring that can be installed anywhere – even bathrooms and laundry rooms. By using longer, wider boards for your flooring, regardless of the product type, you are not only creating a more contemporary feel that draws inspiration from European design, but it can also give the illusion of making your space appear larger – especially if you continue the same floor
throughout your entire space. This is especially alluring in smaller spaces such as condos, so don’t be afraid to think big in your flooring selection. As for “wood” floors, we should not eliminate parquet as an option. Parquet flooring is pretty much a mosaic of wood pieces combined to create a pattern. The most common patterns for parquet are basketweave, diagonal and herringbone. Parquet flooring was trendy in the 1970s and 1980s, however, we have seen a resurgence in recent years. The modern version of parquet is a classic, luxurious “Euro” look that is durable and affordable.
Flooring often does not get the attention it deserves. In fact, given all the options available, it could be the basis of design for your space. Beautifully worn, 100-year-old floors tell a story of their previous life while still inspiring a vibe of eclecticism and current design trends. Herringbone floors feel elegant, sophisticated and well-curated. Warm toned, wideplank floors can create an inviting and cosy vibe, while the lighter blonde tones can convey a more contemporary feel. Whatever style, texture and colour of flooring you choose, let it inspire the look and feel of your home.
Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multidisciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com @LindaMazurGroup
windows
A WORLD IN THE FINISHING TOUCH THAT TRANSFORMS A HOME
Wherever you choose to buy your new home, one essential step in creating a beautiful interior is deciding how to treat your windows. If you’ve purchased from Kylemore, you’ll enjoy an abundance of large, light-filled windows designed to make every room feel brighter and more open.
I’m often asked for advice on adding blinds and drapes, and it’s an important finishing detail I prioritize when designing our model homes. Window treatments aren’t
by MARIAM ABOUTAAM
just functional; they’re a powerful design element that shapes how a space feels.
DRESS YOUR WINDOWS, DEFINE YOUR STYLE
The right window coverings bring warmth, personality and a sense of completion to a room, just like the perfect piece of furniture or a stunning piece of artwork. Drapes, sheers and shades do more than cover glass; they help express your style.
SO MANY CHOICES, SO MUCH POTENTIAL
Today’s options for window treatments are nearly endless, with lots of innovative and exciting choices. From side panels and flowing drapery to sleek shutters, classic blinds and shades, you can create any mood you desire. There are equally as many varieties of materials from rich fabrics to natural textures, such as wood, bamboo and rattan, as well as metal and high-tech plastics. Your budget and
personal style will help determine the direction you take.
Tip: In an open-concept floorplan, for example, where the kitchen, breakfast and family or great room are adjoining, choose a palette that is consistent through this space but need not be all the same type of window covering.
WORKING WITH COLOUR: KEEP IT SOOTHING OR LET IT POP
When styling our model homes, I often select neutral shades for window treatments. This creates a versatile foundation, letting bold furniture or vibrant accessories take centre stage.
If you love bold patterns or rich colour, try layering. For example, a subtle blind inside the window frame paired with patterned fixed drapery panels on either side. This will give you the impact you’re looking for without locking you into one look for the long-term.
Tip: If your room already has strong patterns – think wallpaper or statement tile – a solid curtain or blind in a coordinating neutral tone helps calm the visual noise.
PRIVACY WITH PERSONALITY
Privacy is key, especially in bedrooms, bathrooms and perhaps also in rooms facing streets or close neighbouring homes. Silhouette shades are a stylish solution, offering both soft light and obscuring views into the room when you want it.
Tip: For bedrooms, consider blackout fabrics or room-darkening blinds; these can make a real difference in sleep quality and overall comfort.
UNDERSTATED ELEGANCE, LAYERED LUXURY
Modern window treatments are all about blending form and function. I’ve been using many distinctive styles to suit the interior design in model homes, from soft fabric Roman shades and textured sheers to tailored tab-top curtains.
Pinch-pleated or ripple-fold drapery works beautifully in transitional homes, while wooden blinds, used alone or with fabric panels, bring warmth and character to a more contemporary themed home.
Want a more luxurious touch? Try layering curtains: Pair a sheer or linen for softness and privacy, topped with velvet or silk drapes in a bold pattern for extra richness.
Tip: Hang curtain rods at ceiling height and let drapes fall to the floor; this draws the eye upward and makes the room feel taller. For everyday functionality, motorized tracks are worth the upgrade.
BATHROOM WINDOWS
Bathrooms deserve beautiful window treatments too. Light-diffusing shades, bold drapes or simple linen panels can balance privacy with style. Bring each bathroom to life with a brightly painted chair, decorative side table or lush green plant, simple additions that turn a bathroom into a personal retreat.
Whatever mood you want to create – serene, sophisticated or vibrant – your window treatments help bring that vision to life, completing the appearance with a practical and functional element.
COMING UP NEXT… LET’S TALK FLOORING
In my next column, we’ll explore another critical design element: Flooring. From timeless hardwood to stylish vinyl and my new favourite –porcelain tile – you’ll discover how to ground your home’s interior design with beauty and durability.
An award-winning in-house designer, Mariam Aboutaam is Director, Sales and Marketing, Interior Design at Kylemore, Markham, Ont., a builder known for masterplanned communities and luxury homes. kylemoreliving.com.
FIND YOUR NEXT HOME
AJAX
1. Time Rossland Road marshallhomes.ca
AURORA
2. Queen’s Grove Collection Yonge St. & Bloomington Rd. northstarhomes.com
3. Allegro 36 Klees Cres. geranium.com
4. Shinning Hill 24 St John’s Sideroad countrywide.ca
32. Courts of King’s Bay Near Port Perry geranium.com
RICHMOND HILL
33. Jefferson Reserve 363 Jefferson Side Road countrywide.ca
34. Observatory Hill Bayview Ave. & 16th Ave. myobservatoryhill.ca
TORONTO
35. Lambtown Towns 2650 St. Clair West dunparhomes.com
36. 2650 St. Clair Ave W. 2650 St. Clair Ave W dunparhomes.com
37. Westbend Residences Bloor & High Park mattamyhomes.com
THORNHILL
38. The Elms Steeles Ave W brightstone.ca
WHITBY
39. Country Lane Taunton Rd. & Country Lane countrylanewhitby.com
40. Wellings of Whitby 372 Taunton Road E wellingsofwhitby.com
WOODBRIDGE
41. Sora Vista Pine Valley & Teston Rd soravista.ca
42. Woodend Place Major MacKenzie & Pine Valley Dr. woodendtowns.ca
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
BURLINGTON/ WATERDOWN
1. Northshore Condo 484-490 Plains Rd. E. nationalhomes.com
2. Tyandaga Heights Burlington nationalhomes.com
4. Northshore Towns 490 Plains Rd. E. nationalhomes.com
5. Martha James Condominiums Martha and James St mattamyhomes.com
CAMBRIDGE
6. Modal at Main 840 Main St, Cambridge modalatmain.ca
ELORA
7. South River 133 South River Rd. granitehomes.ca
18. Port Hope Lakeside Village 415 Lakeshore Rd. masonhomes.ca
19. Kingswood Cobourg 425 King St. E. masonhomes.ca
20. Meadow Heights 82 Hillcrest Road, Port Colborne dunsire.com
SHELBURNE
21. Emerald Crossing Hwy. 89 & Hurontario St. fieldgatehomes.com
THE FEDERAL GOVERNMENT’S GST/HST LEGISLATION
MUST MEET THE NEEDS OF THE GTA HOUSING MARKET
The federal government recently tabled its proposed GST/HST reduction measures on new homes. Unfortunately, like many federal housing policies, the proposal to exempt first-time new homebuyers from the GST for homes of less than $1 million and provide a declining exemption to homes for $1.5 million does not recognize the realities of the Greater Toronto Area (GTA) and will have little impact on housing supply and affordability in this region.
The fact that the government is proposing even this limited measure is a tacit acknowledgement that the tax, along with the other myriad of government fees and taxes heaped onto new homes, is one of the barriers to affordability. This is compounded by the failure to keep structural mechanisms, such as the GST/HST new housing rebate program current to market property values. However, the current federal proposal is lacking in many ways.
First, is the comparatively small number of new-home buyers who are first-time buyers in the GTA. While the number may be higher in other jurisdictions, in the GTA, estimates of first-time buyers as buyers of new homes are between five and 10 per cent. Recognizing that resale homes do not attach GST/ HST means that the total number of people who would benefit in
the GTA ranges between 1,500 and 3,000 in an average year, and a paltry 500 to 1,000 people based on 2024 annual sales. In a metropolitan area that represents 20 per cent of the Canadian population – and is one of the fastest growing regions in North American – this is a symbolic drop in the bucket.
Second, the dollar figures used are geographically biased. While $1 million will buy a very well-heeled detached single-family home in almost every other part of Canada, except the GTA and the lower mainland of BC, the average price for a new condominium in the GTA in April was $1.01 million and $1.53 million for a single-family home (including townhomes, semis and detached). So, while a purchaser in Ottawa can buy a fully detached single-family home in the mid-$800,000s and pay no GST, a comparable product in the GTA would cost in excess of $1.5 million and attract nearly $70,000 in GST. And before you say, “but salaries in the GTA are higher,” the average annual household income in Ottawa is $125,700 and in the GTHA it is $129,000. By selecting dollar thresholds that are not reflective of high-property value jurisdictions, the federal government is basically ignoring the regions where the need is the greatest.
Last, when the GST was introduced, it had a corresponding rebate program that applied to 95 per cent of purchasers so that it would “not pose a barrier to the affordability of new housing in Canada.” Now, with properly values effectively excluding
anyone in the GTA from a GST rebate, and such a narrow federal proposal, effectively 90 to 95 per cent of homes are subject to the GST and receive zero rebate. This means less incentive to move up in new housing as families grow and expand, or down in new housing as seniors age and look to downsize, limiting mobility within existing housing stock and impeding the addition of appropriately sized new supply.
As the federal government continues to benefit by collecting billions in excess GST/HST on new homes, the time has come for the federal government’s actions to match its rhetoric. A viable solution for Canada must include the GTA and Lower Mainland BC and that means making any GST relief apply to all new homes (including substantially renovated homes – such as renewing existing housing stock by replacing greater than 90 per cent of the building) and having dollar thresholds that meet the needs of the region.
Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.
DAVE WILKES
MARKHAM’S PREMIER LIFESTYLE COMMUNITY
Situated in the heart of Unionville, this collection includes elegant detached homes ranging from 2,500 to 6,000 square feet, and luxurious townhomes from 2,000 to 2,700 square feet — all with the highest standards of design and construction.
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