Ottawa New Home + Condo Guide - Aug. 3, 2019

Ottawa August 3–31, 2019

The first and only complete guide to pre-construction homes and condos

AT FINDLAY CREEK

NEW LOT RELEASE

INSIDE:

Q&A WITH GOHBA PRESIDENT ROY NANDRAM

TAKING POSSESSION OF YOUR CONDO

NEW R ELEASE OF TWO-STOR EY TOWNS, 32' & 46' DETACHED HOMES

SALES CENTRE

We’re offering more amazing new homes in our established Blackstone South community in Kanata. Enjoy an evening stroll in this family-friendly community. Take a bike ride or a nature hike along a community path, or enjoy time with the kids in one of our parks and playgrounds. A great life awaits you in Blackstone South.

5505 Fernbank Road 613.836.7437

2-Storey Townhomes From $393,990 Detached Homes From $475,990

2-Storey Townhome, The Fir ‘Craftsman’, 1,451 Sq.Ft., $393,990 Includes: 3 Stainless Steel Appliances and $10,000 at Décor

2-Storey Townhome, The Oak End ‘Transitional’, 1,765 Sq.Ft., $431,990 Includes: 3 Stainless Steel Appliances and $10,000 at Décor

32' Detached Home, The Arlington ‘Craftsman’, 1,682 Sq.Ft., $475,990 Includes: $5,000 at Décor

46' Detached Home, The Clydesdale ‘Craftsman’, 2,565 Sq.Ft., $622,990 Includes: Hardwood Throughout Main Floor Including Kitchen, Hardwood Stairs (1st Floor to 2nd Floor), Granite Countertops & Undermount Sinks in Kitchen & Bathrooms, Upgraded Railing Stain, Pot Light Package, Upgraded Kitchen Package & Kitchen Backsplash

Learn More About Blackstone South At mattamyhomes.com Please visit mattamyhomes.com for Sales Centre hours $OO LOOXVWUDWLRQV DUH DUWLVWœV FRQFHSW $OO GLPHQVLRQV DUH DSSUR[LPDWH 3ULFHV VSHFLƇ FDWLRQV WHUPV DQG FRQGLWLRQV VXEMHFW WR FKDQJH ZLWKRXW QRWLFH ( 2 (

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Monday to Thursday: 12pm - 7pm Friday to Sunday: 12pm - 5pm

*Certain restrictions apply. Prices, terms and specifications are subject to change without notice. E & O.E.

AUGUST 3–31, 2019 | VOLUME 19, ISSUE 15

CONTENTS

CHIEF REVENUE OFFICER

Jacky Hill Jacky.Hill@nexthome.ca EDITOR-IN-CHIEF

Susan Legge Susan.Legge@nexthome.ca ART DIRECTOR

Tammy Leung

COVER STORY

EDITOR

Marlene Eisner CONTRIBUTING EDITORS

Sara Duck Amanda Pereira MEDIA CONSULTANT

Julie DeBoer 613.875.6673 julie.deboer@nexthome.ca SALES & MARKETING CO-ORDINATORS

Gary Chilvers Sarah Khan

18

DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

Claridge Homes NEW RELEASE OF TOWNHOMES AND SINGLES IN PHASE 3 IN SUNDANCE VILLAGE 14

TRENDING

10

Legally Speaking

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony GRAPHIC DESIGNERS

Sandra Hanak–Vujnovic, Johannah Lorenzo, Mike Terentiev, Kathleen Walker, Alice Wu

It’s time to take possession of your new condo

Published by

HSBC Study Canadian Millennials anxious about becoming homeowners

BY JACQUELINE MONETA JD & JAYSON SCHWARZ LLM

nexthome.ca

20 Industry Intel

26 Keehn on Money

Q&A with GOHBA president Roy Nandram

What the heck is a HELOC?

BY KELLEY KEEHN

BY MARLENE EISNER

IN EVERY ISSUE INSPIRATION

02 Market Place Bring cottage-inspired decor into your city home

7

Editor’s Note

22

New Homes & Condo Developments Index

BY SARA DUCK

C7 What’s Online ADVICE

06 Condo Smarts Condo living and being single

BY MARNIE BENNETT

6

Lauren Reid–Sachs

+

C1-C8: SPOTLIGHT ON CONDOS Your guide to new condo communities in the Gatineau and Greater Ottawa Area

New Home + Condo Guide |

August 3-31, 2019

Advertising Call 1.866.532.2588 for advertising rates and information.

Fax: 1.888.861.5038 Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking. Call 1.866.532.2588 to discuss distribution opportunities.

Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.

Copyright 2019 All rights reserved.

Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time.

Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.

EDITOR’S NOTE

CONDO LIVING AND THE SINGLE LIFE If I were writing this editor’s note 10 years ago, the headline would likely read ‘Condo living and the single woman.’ Back then, condos were seen as a sweet and affordable alternative for single women who desired to be homeowners, but didn’t feel safe in a single-family home, or want the lawn work and maintenance that went with it.

These days, however, the condo lifestyle is an attractive choice for singles from all walks of life, regardless of gender. Still affordable, they offer an easy, lock-and-leave lifestyle. Many have 24-hour concierge service for added security.

In Ottawa’s booming new-home market, there are so many options from which to choose: Urban flats, mid-rise and highrise buildings, stacked townhomes and more. But don’t take my word for it. Industry expert, Marnie Bennett, lays it all out in her column on page C6. Read what she has to say and then you can decide if a new condo, and the lifestyle that comes with it, is in your future.

In the meantime, we hope you enjoy this issue of New Home + Condo Guide. Happy house hunting.

MARLENE EISNER EDITOR New Home + Condo Guide EMAIL: marlene.eisner@nexthome.ca TWITTER: @MarleneEisner

It’s time to take possession of your condo.

Page 14

+ get social

+

Interact with us on social media: nexthome

nexthome.ca 7

TRENDING

SHARED GOALS FOR PROPERTY IMPORTANT FOR MILLENNIALS: REPORT According to a report by Beyond the Bricks, the majority of Canadian Millennials (61 per cent) feel anxious about buying a property – so much so that shared financial (39 per cent) or property (33 per cent) goals were more important than looks when considering a potential future partner for daters.

As well, this cohort is more likely to say they had stayed in a bad relationship due to property (16 per cent) than Canadians on average (six per cent). The report is based on an HSBCsponsored annual global survey of close to 12,000 adults in 10 countries, including 1,077 adults in Canada, exploring attitudes to homeownership.

More than half of all Canadian Millennials feel overwhelmed about buying a property compared to one in five Baby Boomers.

The applications, land surveys, 10

New Home + Condo Guide |

August 3-31, 2019

fees and contracts associated with the mortgage process were the biggest source of tension for all age groups in Canada (25 per cent), although this was most pronounced for Millennials (33 per cent).

However, once they got past the stressors and found the right partner, 68 per cent of Canadian Millennials said financial considerations drove their last house move.

The top two reasons were getting more house for their money (25.5 per cent), or a lower cost of living (23.4 per cent).

Interestingly, 14 per cent said the biggest source of tension was accepting money from their parents to purchase a home.

“The anxiety Millennials (and others) feel is justified. Close to 70 per cent of Canadians own their home but less than 30 per cent do so without a mortgage. It’s

good to be a little nervous about the biggest purchase you’ll likely ever make. But you shouldn’t be overwhelmed,” says Barry Gollom, senior vice-president of retail banking and wealth management products and propositions at HSBC Bank Canada.

OTHER FINDINGS INCLUDE:

Ŕ To afford their new home, 30 per cent of Canadians were more likely than their global peers to cut back on day-to-day spending; 20 per cent on major expenditures like car purchases and luxury items; 29 per cent cut or curtailed their social life. Ŕ Globally, respondents similarly cut back on major expenditures and socializing but 35 per cent (versus six per cent) were far more likely to delay having a child and 11 per cent were far less likely to cut back on day-today spending than Canadians.

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Townhomes: Carlton, Gregoire, Penrose, Whitney

New model homes opening soon!

www.claridgehomes.com *See sales representative for details.

Specifications are subject to change without notice. E.&O.E.

ADVICE | LEGALLY SPEAKING

TAKING POSSESSION OF YOUR CONDOMINIUM

BY JACQUELINE MONETA, J.D. AND JAYSON SCHWARZ, LL.M.

Despite the excitement of getting handed the keys to your new condominium, many new purchasers of new development condominiums are surprised to find out that title to their property may not be transferred at the same time.

New construction condominiums in Ontario have two closings: The interim occupancy closing, and the final closing.

INTERIM OCCUPANCY CLOSING

When you buy a new development condominium, you may be required to take possession before construction is complete on some of the units or after completion 14

New Home + Condo Guide |

August 3-31, 2019

but before registration. This is called interim occupancy and it is governed by the Condominium Act (the “Act”).

As buildings are ready for occupancy, the builder will advise you of your interim occupancy date.

Once the interim occupancy date arrives, you must take occupancy. However, it is important to understand that you don’t own the unit until final closing; you are in effect a tenant in your soon-to-be-owned unit.

Ownership can only be transferred if the condominium has been registered on title, which

occurs once the majority of units are occupied.

Interim occupancy periods can be a few weeks or a month, or up to years.

All is dependent on the completion of construction, and occupancy depends on how quickly construction is complete on all units.

INTERIM OCCUPANCY FEES

During the interim occupancy period, you must pay your builder or seller an interim occupancy fee, whether you move into the unit or not. …continued on page 16

IN THIS SECTION

YOUR GUIDE TO HIGHRISE, CONVERSION, LOFT, TERRACE & TOWNHOME CONDO PROJECTS

L IA N EC IO SP CT SE

#CondoCity

URBAN Cottage INSPIRATION |

market place

by SARA DUCK

If you can’t escape to a cottage this summer, bring the cottage-vibe into your home with these key elements.

1

Photo courtesy of HomeSense. Homesense.ca

NATURAL

details

#CondoCity

3

C2

2

| 1 | Ulriksberg rattan armchair. $99. Ikea.ca | 2 | Sinnerlig pendant lamp in bamboo. $99. Ikea.ca | 3 | Nila Coffee Table. $340. Lowes.ca New Home + Condo Guide | August 3-31, 2019

FLORAL &FAUNA

6

| 4 | Floral print cushion cover. $26. Zarahome.com | 5 | Chelsea Dinner Plate. $30. Cb2.ca | 6 | Faux fern. $20. Homesense.ca

4

5

7

COSY

9

| 7 | Shaggy faux-fur throw in adobe rose. $49. Indigo.ca | 8 | Pacey ivory and gold rug (8 by 10). $1,009.

Cb2.ca | 9 | Scented candle in glass holder. $15. Hm.com nexthome.ca

#CondoCity

8

C3

OCCUPY OTTAWA’S TALLEST #CondoCity

45 stories of impeccably designed suites

C4

Find your new home in the heart of Little Italy where stunning views of Dow’s Lake are available from $336,000.

www.claridgeicon.com 485 Preston Street, Ottawa 613.695.1441

UNDER CONSTRUCTION

Occupancy October 2020

URBAN LIVING ABOVE THE LRT

NOW OPEN

SALES CENTRE

613.218.8536 383 Albert Street moon.claridgehomes.com

C O N V E N I E N C E

C O N N E C T I O N

claridgehomes.com Prices and specifications are subject to change without notice. E.&O.E.

#CondoCity

V I E W S

C5

ADVICE | homE smArts

Condo living and being single

#CondoCity

marnie bennett

C6

Every day, I meet intelligent, independent and motivated single men and women who are no longer waiting for the perfect partner before settling down: They’re taking the reins. These men and women come from every age bracket and all backgrounds.

Some are young and just starting out, while others, with a wealth of experience behind them, are looking for a place to call their own after a change in their career or marital status.

Thankfully, dated notions about being single have gone out the window. There’s no denying that financially, double-income purchasers have an advantage; most singles aren’t prepared to spring for a giant house complete with a giant mortgage. But the great news is that the Ottawa market is just popping with incredible condominium options.

New condos of every description – traditional, open-concept, townhome, loft-style – are available at a variety of price points.

Many of today’s condos put an emphasis on features that may have been overlooked by builders in the past – smart technology, for instance, chef-inspired kitchens and beautiful spa-like bathrooms.

Security is a major concern these days for many people.

Condominiums can provide this in varying degrees, from buzzer

New Home + Condo Guide | August 3-31, 2019

systems to security cameras to a 24-hour concierge service, depending on one’s personal comfort level.

In accordance with monthly condo fees, amenities may range from basic to over-the-top. Many people choose condos with equipped fitness centres, allowing them to forgo the cost of a gym membership and to work out in the comfort and convenience of their own buildings. Party rooms are another popular amenity. By reserving these spaces for special occasions, a homeowner needn’t feel they can’t entertain in large numbers because their unit is a compact one-bedroom.

After a long day at work, most of us would rather not scoop leaves from the eavestroughs. A lot of single women and men are drawn to condos for the maintenancefree, and lock and leave lifestyle it offers.

Finally, condos tend to be situated in vibrant neighbourhoods and attract people with similar

lifestyles. After all, “single” isn’t a synonym for “isolated”.

Condominium living offers the comfort of knowing you’re surrounded by neighbours and, at its best, provides a sense of genuine community.

To receive a FREE copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars When You Buy” email sales@bennettpros.com

Marnie Bennett is a broker and CEO of Bennett Property Shop Realty, a full premium service real estate brokerage specializing in marketing and selling new and resale homes, condominiums and investment real estate. Marnie is the host of “The Bennett Real Estate and Wealth Show” every Saturday at 1 p.m. on 580 CFRA radio. bennettpros.com

+more adVICE online nexthome.ca/news/advice

WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

TINY HOME, TINY SPACE, INSPIRED INTERIOR DESIGN

GEOTHERMAL ENERGY: A BETTER QUALITY OF LIFE

nexthome.ca/tiny-home-decor

nexthome.ca/geothermal-energy

THE PROS AND CONS OF OWNING VERSUS RENTING

FAMILY-SIZED CONDOS BECOMING A POPULAR TREND

nexthome.ca/renting-versus-owning

nexthome.ca/family-condos

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C7

C8 

#CondoCity

we offer luxurious homes for sale Choose one of our riverside communities

WATERFRONT CONDOS

SINGLE FAMILY HOME & WATERFRONT CONDOS

Brigil delivers high-quality product to the owners who chose the banks of the Ottawa River to live the good life. The luxurious condominiums located in front of Petrie Island have superior finishes, large windows and balcony and are crowned with an urban lounge on the roof comprising a pool, a spa, a leisure room and a fitness centre.

Prestigious houses in front of the river. Choose amongst five remarkable models which will help you spend quality time with your family and simply enjoy life… Brigil will also build many luxurious condominium towers in the next years, in a superb 32 acres wooded area along the Gatineau River. The roof will be embellished by a pool, a gym and a jacuzzi, so the residents will enjoy the spectacular view.

> Starting at $249,900*

> Starting at $299,000*

8865 JEANNE D’ARC BLVD N., ORLEANS

613.702.2415

*Subject to change without notice. Conditions apply.

819.412.0717

…continued from page 14

The monthly interim occupancy fee is based on: The interest (calculated on a monthly basis) on the unpaid balance of the purchase price at the prescribed interest rate (set out in the Act and Regulations thereto); estimated monthly municipal taxes for the unit; projected common expense fees for the unit.

DELAYED OCCUPANCY

Construction can sometimes be unpredictable and this could result in delays in condominium development projects, and you may be unable to move into your unit as expected or close within the time frames set forth in the Agreement of Purchase and Sale (“APS”).

Your APS must include a Tarion Addendum that sets out important dates for your agreement, including your occupancy date.

These are set out in the statement of critical dates.

16

New Home + Condo Guide |

August 3-31, 2019

You need to determine when you are buying whether you are buying with a Firm or a Tentative Closing Date.

There are two addendums available from Tarion: READ THEM CAREFULLY, as they set forth exactly what can happen and what delays can accrue if any.

Delays can affect financing, accommodation notices, budget, etc. In this market, you need to be prepared to deal with the results if an extension occurs.

If the builder complies with Tarion, you will have no remedy to compensate yourself for the inconvenience or the additional expense. The consequence of these delays can be quite upsetting.

I recommend that everyone buying a new home prepare himself or herself when they make the original offer and continuously thereafter, for

extensive delays and that way, you face no surprises.

Remember, most builders want to give you what you contracted for and will work with you to achieve mutual satisfaction.

In closing, please use your lawyer to the fullest extent, and remember, only your lawyer can give you legal advice.

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.

+MORE ADVICE ONLINE nexthome.ca/news/advice

LIVE STEPS FROM IT ALL Welcome to The River Terraces II The River Terraces II at Greystone, nestled between the Rideau River and the Rideau Canal. A nine-storey condominium featuring designer-appointed bachelor to two bedroom plus den residences with expansive terraces and views. Savor gracious living at an address surrounded from downtown.

OLD OTTAWA EAST

613.569.3043 Learn more at greystonevillage.ca Prices and specifications are subject to change without prior notice. Renderings are artist’s concept. E. & O.E.

Ride au R

iver

. n St Mai

Suites from 300 to 2,000 sq. ft.

79

SALES SALES CENTRE CENTRE . k St Ban

300’s

$

FROM THE HIGH

417 Ave son Bron

CONDOMINIUMS

175A MAIN STREET

COVER STORY

Lockport model

SUNDANCE VILLAGE WILL CAPTIVATE YOUR FAMILY INTRODUCING PHASE 3 Welcome to Sundance Village, a new-home community by Claridge Homes. This idyllic location offers new-home buyers the choice of a variety of building types and price points in an ideal environment that blends nature with access to urban living.

Lush with greenery and the hum of community life, this area is quickly becoming Ottawa’s number one choice for families. Here, you can stop and listen to the murmurs of Findlay Creek, or walk on the nearby trails and feel the warm 18

New Home + Condo Guide |

August 3-31, 2019

summer’s breeze. Your entire family will be captivated by this charming community.

The recently released Phase 3 in Sundance Village offers up Claridge’s popular Landmark Series models, a new line of home finishes designed for today’s buyers and inspired by today’s trends.

Up for grabs are townhomes and singles, perfect for every family size and need. In this lot release of Phase 3, the 31 available townhomes range in size from 1,825 sq. ft. to 2,315 sq. ft., with prices starting from $420,900.

Floorplans include three- or four-bedroom options, with modern touches and finishes such as quartz counters in the kitchen, nine-ft. smooth ceilings and hardwood on the main floor and finished basements. The Carlton model townhome has a doublecar garage.

Singles on 40-ft. or 50-ft. lots are perfect for a growing family, with plans up to 3,500 sq. ft. Highlights include quartz counters in the kitchen and powder room, hardwood floors throughout the main floor, gas fireplaces, chimney hood fans,

Colvin model

Lockport model

nine-ft. ceilings, smooth ceilings on the first and second floor, and a finished basement. Prices start at $671,900.

Whether you desire a townhome or a single, Phase 3 of Sundance Village offers a host of enviable options and incentives, such as a choice of three different elevation styles (Craftsman B, Craftsman C or Contemporary), and a Design Centre Bonus ranging from $3,000 to $10,000.

Not only is it comforting to know your new home will be built by a quality developer with years of experience building homes in the Ottawa region, but it will be located in a neighbourhood in

Colvin model

which you and your family can live, play and grow.

You won’t have to go far to shop, eat or be active, as there are lots of retail and services nearby.

Findlay Creek has everything you need, including restaurants, banks, play centres, and a medical centre.

With many schools, bus routes, and its close proximity to 417, it’s an easy commute to and from work, making Sundance Village the place you’ll want to call home.

And the best news? Buy now, and closings start in a year. Visit the sales office today located at 779 Fiddlehead Street, Findlay Creek.

Open Mon.-Wed. 1 p.m–8 p.m., Sat. and Sun. 12 p.m.–5 p.m.

+ LOCATION Findlay Creek BUILDER Claridge Homes HOME TYPE Townhomes, Singles, Zen Urban Flats SALES CENTRE 779 Fiddlehead Street Findlay Creek CONTACT 613.425.1332

nexthome.ca 19

INDUSTRY INTEL

Q+A WITH ROY NANDRAM, PRESIDENT OF THE GREATER OTTAWA HOME BUILDER’S ASSOCIATION

by MARLENE EISNER

New Home + Condo Guide spoke with Roy Nandram, president and project manager at RND Construction and the newly elected president of the Greater Ottawa Home Builder’s Association.

Here is what he has to say about his role as president of the GOHBA and the Ottawa new-home market

increasing value of membership, especially in participation.

NHCG: For people looking for

NHCG: We hear a lot about the

an industry professional to either

‘missing middle’ when it comes to

build their new home or renovate

home ownership and affordability.

or extend an existing one, how

What does this mean and how

New Home + Condo Guide:

does it benefit them to consider

does it affect homebuyers?

Congratulations on your position

hiring a member of GOHBA? RN: The missing middle is ground-

as the new president of the GOHBA. Can you tell us

RN: There are two great reasons

two of your major goals for the

why it’s a good idea to hire a member of GOHBA. Our members commit to a Code of Ethics, which includes having all the appropriate liability coverage, as well as dealing with customers honestly and fairly. As well, a GOHBA membership reflects a company or individual’s commitment to professional development and dedication to improving the

GOHBA? Roy Nandram: The first thing I’d

like to do is have the Association help members offer innovative services and products, especially in energy efficiency. Secondly, I’d like to expand the Association’s membership by highlighting member benefits and the 20

industry, as well as ensuring that Ottawa residents are the besthoused people in the country.

New Home + Condo Guide |

August 3-31, 2019

oriented, low-rise housing that still has high-density. This means building types such as semis, townhomes, stacked and backto-back, triplexes, four-plexes and apartments up to four storeys high. This type of housing is highly desired by families because it’s still affordable, provides the kind of lifestyle they want, but achieves the kind of density that supports complete, walkable communities.

The Phoenix, located at 446 Fraser Ave., Ottawa, is a Net Zero home.

NHCG: When it comes to being able to afford a single-family or detached home, some people just miss the mark. A mortgage helper like a basement apartment to be rented out can make all the difference. Can you discuss the concept of a flexible design plan?

RN: Flexible designs means that

a house can easily serve more than one purpose. For example, at some point it may be occupied by a single family, say with kids, and later on when the kids move out, the homeowner can have a basement apartment or a multifamily home with some simple modifications. We are also seeing an increase in flexible home design for those staying in their home as they get older, where the house

“

A GOHBA membership reflects a company or individual’s commitment to professional development …

”

can be adapted to better support their needs.

NHCG: The environment is a great concern for many people. How available are Net Zero energyefficient homes and what should

homeowners look for when trying to make their new home more ‘green.’

RN: Net Zero homes are available now, however, the issue is that they are not mass-market enough yet, meaning there is a price premium for their high level of performance. But as the knowledge of how to build a NZ home becomes more widespread and the specialized products within that home become more common, the price difference will become less and less.

We have larger production builders who are working on offering Net Zero homes on that mass scale. By reducing the amount of energy it takes to heat or cool a house, a builder can make it more green for homeowners. To do this, the design and the building envelope are the most critical parts. nexthome.ca 21

NEW HOME & CONDO DEVELOPMENTS

FIND YOUR NEXT HOME These listings offer a comprehensive overview of new-home and condo developments currently available throughout the Greater Ottawa Area and the Gatineau.

Legend: D = Detached SD = Semi–Detached B = Bungalow TH = Townhome TR = Terrace C = Condo = Highlighted listings are advertised in this issue of New Home + Condo Guide. Please refer to page number for more information.

LOCATION

BUILDER

SITE NAME

PROPERTY TYPE

FROM

Almonte

Phoenix Homes

White Tail Ridge 1590 Diamondview Rd., Carp

D

–

B

–

–

–

$457

Almonte

Parkview Homes

Almonte Mews

–

–

–

TH

–

–

–

Almonte

Neilcorp

Mill Run, Marshall’s Bay Meadows

D

SD

B

TH

–

–

Arnprior

Campanale

Callahan Estates 3 Mona McBride

D

SD

TH

–

–

Carleton Place

Brigil

Carleton Crossing 235 King Street

D

–

–

TH

Carleton Place

Cardel

Miller’s Crossing 2 Flegg Way

D

–

–

Carleton Place

Longwood Builders

Jackson Ridge

D

–

Carp

Phoenix Homes

Diamondview Estate 1590 Diamondview Rd., Carp

D

Carp

Doyle Homes

Salisbury Estates

–

Kanata

Cardel

Blackstone 106 Westphalian

D

–

–

TH

–

–

Kanata

Claridge Homes

Model Homes 178 Overberg Way

D

–

–

–

–

Kanata

HN Homes

Kanata Lakes

D

–

–

TH

Kanata

Mattamy

Blackstone South 5505 Fernbank Road

D

–

–

Kanata

Mattamy

Fairwinds 950 Terry Fox Drive

–

–

Kanata

Minto

Arcadia, Morgan’s Creek

D

Kanata

Metric Homes

Trail View

Kanata

Richcraft

Kanata Kanata

CONTACT

PG.

West

22

613-461-0277 phoenix.ca

8,9

–

–

–

–

–

–

–

613-622-0033 campanale.com

–

–

–

$324’s

613-909-5315 brigil.com

15

TH

–

–

Inquire

613-253-1959 cardelhomes.com

11

–

–

–

–

–

–

–

–

B

–

–

–

$455’s

–

–

TH

–

–

–

613-461-0277 phoenix.ca

8,9

–

–

Inquire

613-836-9521 cardelhomes.com

11

–

Inquire

613-617-0001 claridgehomes.com

FC, 12, 13

–

–

–

TH

–

–

$312’s

613-836-7437 mattamyhomes.com

2, 3, BC

–

TH

–

–

$300’s

613-790-2082 mattamyhomes.com

2, 3, BC

–

–

TH

TR

–

–

–

–

D

–

–

TH

–

–

–

–

–

Bradley Commons 343 Haliburton Heights

D

–

B

TH

–

–

$410’s

613-435-1183 richcraft.com

C8

Uniform

Richardson Ridge

D

–

–

TH

–

–

–

–

–

Urbandale

Bradley Commons

D

–

–

TH

–

–

–

Richmond

Caivan

Fox Run 6350 Perth Street

D

–

–

–

–

–

Richmond

Cardel

Creekside 764 Kirkham Crescent

D

–

–

–

–

–

New Home + Condo Guide |

August 3-31, 2019

–

–

–

–

Inquire

613-518-2364 caivan.com

4

Inquire

613-444-0440 cardelhomes.com

11

Legend: D = Detached SD = Semi–Detached B = Bungalow TH = Townhome TR = Terrace C = Condo = Highlighted listings are advertised in this issue of New Home + Condo Guide. Please refer to page number for more information.

LOCATION

BUILDER

SITE NAME

PROPERTY TYPE

Richmond

Cedarstone

Kings Creek, Richmond Oaks

D

–

–

–

–

–

FROM –

CONTACT –

PG. –

Richmond

Metric Homes

Fox Run

D

–

–

–

–

–

–

–

–

Stittsville

Cardel

EdenWylde 106 Westphalian

D

–

–

TH

–

–

Inquire

613-435-5704 cardelhomes.com

11

Stittsville

eQ Homes

Fernbank Crossing 632 Cope Drive

D

–

B

TH

–

C

$300’s

613-404-8075 eqhomes.ca

17

Stittsville

Phoenix

Fernbank Crossing 332 Haliburton Heights

–

–

–

TH

–

C

$400’s

613-435-7062 phoenixhomes.ca

8, 9

Stittsville

Richcraft

Fernbank Crossing, Westwood 343 Haliburton Heights

D

–

B

–

–

–

$550’s

613-435-1183 richcraft.com

C8

Stittsville

Tartan

EdenWylde

D

–

–

TH

–

–

–

–

–

Stittsville

Tamarack

Westwood, Poole Creek Village

D

–

B

TH

–

–

–

–

Valecraft

Rathwell Landing 670 Parade Drive

D

–

B

–

–

–

Nepean

Claridge

Stirling Park #107-330 Titan Private

–

–

–

–

–

Nepean

Maple Leaf

The Village at the Schoolyard

–

–

–

–

Westboro

Surface Condos

Westboro Lofts

–

–

–

West Centretown

Claridge

Icon 485 Preston Street

–

–

Centretown

Ashcroft

eResidences

–

Centretown

Brad Lamb Realty

SoBa

Centretown

Claridge

Centretown

–

$440’s

613-435-8141 valecraft.com

5, IBC

C

$289’s

613-224-0330

C4, C5

–

–

–

–

–

–

–

–

–

–

–

–

–

–

C

$336

613-695-1441 claridgehomes.com

FC

–

–

–

–

–

–

–

–

–

–

–

–

–

–

–

–

Claridge Plaza 4 244 Rideau Street

–

–

–

–

–

C

$319

613-241-3235 claridgehomes.com

C4, C5

Claridge

Fusion Lebreton Flats 300 Lett Street

–

–

–

–

–

C

$579

613-233-6030 claridgehomes.com

C4, C5

Centretown

Richcraft

The Bowery 255 Bay Street

–

–

–

–

–

C

$296

613-695-7577 richcraft.com

C8

Centretown

Dream Investment

Zibi

–

–

–

–

–

–

–

–

–

Lowertown

Claridge

Waterstreet 316 Bruyere Street

–

–

–

–

–

C

$339

Old Ottawa East

eQ Homes

Greystone Village II 175A Main Street

D

–

–

TH

–

C

Inquire

Old Ottawa East

The Properties Group

129 Main

–

–

–

–

–

–

Old Ottawa East

Uniform

Echo

–

–

–

–

–

Barrhaven

Caivan

The Conservancy #115-4100 Strandherd Drive

D

–

–

TH

Barrhaven

Mattamy

Half Moon Bay 3454 Greenbank Road

D

–

–

TH

Barrhaven

Uniform

Grandview Court

–

–

B

Barrhaven

Minto

Harmony, Quinn’s Pointe

D

–

–

Stittsville

Central

613-241-3235 claridgehomes.com

C4, C5

613-569-3043

17

–

–

–

–

–

–

–

–

–

Inquire

613-518-2364 caivan.com

4

–

–

$250’s

613-825-7932 mattamyhomes.com

–

–

–

–

TH

TR

–

–

South

Findlay Creek

Claridge

Sundance 779 Fiddlehead Street

D

–

–

TH

–

–

$250’s

–

2, 3 –

– 613-425-1332 claridgehomes.com

– FC, 12, 13 nexthome.ca 23

Legend: D = Detached SD = Semi-Detached B = Bungalow TH = Townhome TR = Terrace C = Condo = Highlighted listings are advertised in this issue of New Home + Condo Guide. Please refer to page number for more information.

LOCATION

BUILDER

Findlay Creek

Claridge

Findlay Creek

eQ Homes

Findlay Creek

SITE NAME Lilythorne 4789 Bank Street

PROPERTY TYPE

FROM

CONTACT 343-961-9106 claridgehomes.com

PG. 12, 13

D

–

B

TH

–

–

$400’s

Pathways at Findlay Creek 122 Dun Skipper Road

D

SD

B

–

–

C

$300’s

613-822-7247 eqhomes.ca

17

Phoenix

Pathways at Findlay Creek 114 Dun Skipper Road

D

–

B

TH

–

–

$400’s

613-219-6862 phoenixhomes.ca

8, 9

Findlay Creek

Richcraft

Pathways at Findlay Creek 126 Dun Skipper Road

D

–

–

TH

–

–

$412’s

613-822-9714 richcraft.com

C8

Findlay Creek

Tartan

Findlay Creek Village

D

–

B

TH

–

–

–

–

–

Findlay Creek

Tamarack

Findlay Creek Village

D

–

–

TH

–

–

–

–

–

Findlay Creek

HN Homes

Cowan’s Grove

D

–

–

TH

–

–

–

–

–

Findlay Creek

Urbandale

Cowan’s Grove

D

–

B

TH

–

–

–

–

–

Greely

Phoenix

Shadow Ridge

D

–

B

TH

–

–

Inquire

Greely

Bulat

The Quinn Farm

D

–

B

–

–

–

–

–

–

Greely

Parkview Homes

Lakeland Meadows

D

–

–

–

–

–

–

–

–

Kemptville

eQ Homes

Equinelle 74 eQuinelle Drive

D

SD

–

TH

–

–

$300’s

613-258-6488 eqhomes.ca

17, IBC

Manotick

eQ Homes

Riverwalk 78 eQuinelle Drive

–

–

B

–

–

–

$450’s

613-618-3204 eqhomes.ca

17, IBC

Manotick

D

–

B

TH

–

–

–

Minto

Mahogany

Ottawa South

Valecraft

Deerfield Village II 195 Meandering Brook Drive

–

–

–

TH

–

C

Riverside South

Claridge

Summerhill Village 591 Summerhill Street

–

–

–

TH

–

Riverside South

Claridge

River’s Edge 769 River Road

D

–

–

TH

Riverside South

Richcraft

Riverside South 744 Brian Good Ave

D

–

–

Riverside South

Richcraft

Jade Flats 3789C Canyon Walk Drive

–

–

Riverside South

HN Homes

Riverside South

D

Riverside South

Urbandale

Riverside South

Riverside South

Urbandale

ClarenceRockland

613-823-9227 phoenixhomes.ca

8, 9

–

–

$260’s

613-421-8142 valecraft.com

5

–

$388’s

613-822-6444 claridgehomes.com

FC, 12, 13

–

–

$394’s

343-961-9202 claridghomes.com

FC, 12, 13

TH

–

–

$540’s

613-491-0834 richcraft.com

C8

–

–

–

C

$290’s

613-425-0891 richcraft.com

C8

–

–

TH

–

–

–

–

–

D

–

–

TH

–

–

–

–

–

Jazz Condos, Allora Condos

–

–

–

–

–

–

–

–

–

eQ Homes

Clarence Crossing 235 L’etang Street

D

–

B

TH

–

C

$290’s

ClarenceRockland

Longwood Builders

Morris Village

D

–

B

–

–

–

–

–

–

ClarenceRockland

CH Clement Construction

Morris Village

–

–

–

TH

–

–

–

–

–

Embrun

Valecraft

Place St. Thomas 605 Bruxelles St

D

–

B

–

–

–

$370’s

Embrun

Devcore

Fauberge Ste–Marie

–

–

–

–

–

–

–

East

24

New Home + Condo Guide |

August 3-31, 2019

613-862-0167 eqhomes.com

613-370-0288 valecraft.com –

17, IBC

5, IBC –

Legend: D = Detached SD = Semi-Detached B = Bungalow TH = Townhome TR = Terrace C = Condo = Highlighted listings are advertised in this issue of New Home + Condo Guide. Please refer to page number for more information.

LOCATION

BUILDER Melanie Construction

SITE NAME

PROPERTY TYPE

Ste–Marie Hamlet

D

–

–

Embrun

SACA Homes

Place St. Thomas

D

SD

–

Orleans

Ashcroft

Eastboro

D

–

Orleans

Brigil

Petrie’s Landing 8865 Jean d’Arc Blvd.

–

–

Orleans

Caivan

Orleans Village 3490 Innes Road

D

Orleans

Claridge

Spring Valley Trails 247 Joshua Street

Orleans

Minto

Avalon Encore

Orleans

Richcraft

Trails Edge, Axis Court 203 Shinleaf Crescent

D

–

–

TH

–

–

$260’s

Orleans

Tamarack

Cardinal Creek

D

SD

B

–

–

–

–

Ottawa East

Mattamy

Wateridge Village at Rockliffe 895 Montreal Road

–

–

–

TH

–

–

$299’s

Ottawa East

Uniform

Wateridge Village at Rockliffe

–

–

–

TH

–

–

–

Gatineau

Brigil

Plateau du Parc 534 boul. Des Grives

D

–

B

–

–

–

Inquire

819-776-4663 brigil.com

15

Gatineau

Brigil

Plateau Symmes 895-3 boul. Du Plateau

D

–

B

TH

–

–

Inquire

819-571-4663 brigil.com

15

Gatineau

Brigil

Domaine du Vieux–Port 1400 St-Joseph Blvd

D

–

–

–

–

–

Inquire

819-777-4663 brigil.com

15

Gatineau

Brigil

Le Columbia 376 St. Joseph Blvd.

–

–

–

–

–

C

Inquire

613-454-1578 brigil.com

–

Gatineau

Groupe Heafey Group

NIU 2

–

–

–

–

–

–

–

–

–

Chelsea

Hendrick

Hendrick Farm

D

–

–

TH

–

–

–

–

Richcraft

La Croisee Aylmer 137 Rue du Golf

–

819-682-7000 richcraft.com

C8

Embrun

FROM –

–

–

–

CONTACT –

PG. –

TH

–

–

–

–

–

TH

–

–

–

–

–

–

–

–

C

Inquire

613-706-4262 brigil.com

15

–

B

TH

–

–

Inquire

613-518-2364 caivan.com

4

D

–

–

TH

–

–

$300’s

613-841-0560 claridgehomes.com

D

–

–

TH

–

–

–

FC, 12, 13

–

–

613-424-6600 richcraft.com

C8

– 613-421-7127 mattamy.com

– 2, 3, BC

–

North

Gatineau

D

–

–

–

–

Inquire

Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started.

nexthome.ca 25

ADVICE | KEEHN ON MONEY

DO YOU UNDERSTAND HOW A

HELOC WORKS? MANY CANADIANS DON’T: SURVEY

KELLEY KEEHN

Let’s take a little quiz.

If you make interest-only payments on a line of credit, you’ll have it paid off: A. B. C. D.

In two years In five years In 22 years Never

Think about it for a moment. I hope you got the correct answer, which is D. Paying the interest only on a line of credit will leave you with that debt forever.

Unfortunately, according to a report by the Financial Consumer Agency of Canada, for many Canadians, their knowledge and use of home equity lines of credit (HELOC) is putting their well-being at risk.

Some standout findings by the report are: Ŕ Most respondents used their HELOC as planned, but one in five borrowed more than intended. Ŕ Most scored less than 50 per cent on their knowledge of HELOCS. Ŕ The results also show that more than 25 per cent surveyed made mainly interest-only payments on their HELOC. But, 62 per cent of those interest-only payers expected to repay their HELOC in full within five years, 26

New Home + Condo Guide |

August 3-31, 2019

an overly optimistic result considering more than three million Canadians holding a HELOC owe an average of $65,000.

Shannon Lee-Simmons, fee-only Certified Financial Planner and author of Worry Free Money; the guilt-free approach to managing your money and your life, says HELOCS can be difficult to manage for some people.

“I find that they can spiral during the maternity leave and daycare years when incomes take a hit and expenses skyrocket,” says LeeSimmons. “Families tend to have to dig themselves out of that for some time once daycare is over.

I often say the only financial goal young families need during those

very expensive years is to try to not go into debt or as little as possible so that when the daycare expenses are gone, you can put that money towards savings.”

If you’re struggling to pay off your debt, reach out to a nonprofit credit counsellor or Certified Financial Planner in your area. You can find one at FindYourPlanner.ca.

Kelley Keehn is an award-winning, best-selling author and personal finance educator. She’s also the Consumer Advocate for the Financial Planning Standards Council. Find her at kelleykeehn.com.

+MORE ADVICE ONLINE nexthome.ca/news/advice

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5505 Fernbank Road 613.836.7437

2-Storey Townhomes From $393,990 Detached Homes From $475,990