Eastern Ontario New Home & Condo Guide - Aug 9, 2014

Aug 9 - 23, 2014 Volume 14 Issue 14

Eastern Ontario Edition

Your Best Source for New Homes and Condos

Get moving with Monarch.

New Summer Incentive Program on all “Ready Soon” Townhomes

INSIDE THIS ISSUE

FINDING THE RIGHT BUILDER FOR YOU

IS THE LOWEST MORTGAGE INTEREST RATE ALWAYS BEST?

MOVING TIPS TO SAVE TIME AND TROUBLE

HURRY,

FINAL FEW HOMES REMAIN! The window of opportunity is closing at Avalon, Minto’s perfect community!

Hurry in and check out the last remaining Singles and Condo Flats in this established community only steps away from all the amenities your family loves. Don’t delay, limited numbers available!

ASK ABOUT OUR FANTASTIC INCENTIVES. ELEGANT SINGLES from $355,400* ONLY 19 SINGLES REMAINING!

CONDO FLATS from $199,900* ONLY 25 CONDO FLATS REMAINING! QUICK OCCUPANCY

mintoavalon.com | 613-834-6400 *Prices and specifications are subject to change without notice. Renderings are artist’s concept. E.&O.E.

VISIT THE SALES CENTRE TODAY! 204 Monaco Place, OrlĂŠans Monday to Thursday: 12 pm - 8 pm, Friday: Closed Weekends & Holidays: 11 am - 6 pm

Monarch first.

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First homes. First memories. First accomplishments. First friends. And first loves. For almost a century, the reassuring welcome of a Monarch home on a Monarch street has brought thousands and thousands of families closer together. So if you’re looking for a new home, trust the oldest, strongest and most respected name in Canadian homebuilding.

Choose Monarch. First.

MORE FAMILIES CHOOSE MONARCH. first.

NEPEAN | Stonebridge | Save up to $30,000 on select inventory Townhomes from the low $300,000’s Singles from the mid $400,000’s Sales Centre 610 Kilbirnie Drive (Kilbirnie Drive & Dundonald Drive) 613-692-9284

KANATA | Blackstone | Save up to $25,000 on select inventory Townhomes from the upper $200,000’s 32’ Singles from the upper $300,000’s 46’ Singles from the mid $400,000’s Sales Centre 110 Westphalian Avenue 613-831-2619

NEPEAN | Longfields | Grand Opening of New Urban Towns Urban & Courtyard townhomes from the low $300,000’s Semi-detached from the upper $300,000’s Sales Centre 280 Longfields Drive (Longfields Drive and Beatrice Drive) 613-569-5313

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Other promotional offers do not apply with this promotion. Prices and specifications subject to change without notice. Please see sales associate for additional details. E. & O.E. 12093.

Come Discover Huge Savings And Incentives On Select Towns And Detached Homes In All 3 Mattamy Communities.

Don’t miss your opportunity to get more home for less in all three of our master-planned communities across Kanata and Barrhaven.

BARRHAVEN

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Follow us:

All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

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//EDITOR’S NOTE

Taking advantage while you can Low interest rates still in your favour

T

SUSAN LEGGE

EDITOR-IN-CHIEF Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook. Search: New Home Guide

he Bank of Canada’s recent announcement to hold its interest rate target at one per cent does not come as a surprise. The rate has been holding at that level since September 2010, which is good news if you’re in the market for a mortgage.

There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since

it means you don’t have to wait to get financing, and can be an especially good tool to when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place.

When will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant movement this year.

However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. Take advantage while you still can.

Are we being spoiled by low rates?

Expected age to become mortgage-free slowly creeping up

A

WAYNE KARL

EDITOR Wall2Wall Media

s discussed in the column above, Canada’s continuing ultra-low interest rate environment does provide homebuyers with an excellent opportunity.

But, according to one study, it may also be lulling some buyers into something of a false sense of security.

A new mortgage poll from CIBC reveals that the percentage of Canadians who are taking steps to repay their mortgage faster is down from 68 per cent last year to 55 per cent this year.

And of those taking such action, in two out of three CIBC measurements, fewer people are planning to pay down sooner than later, compared to 2013.

Is this an opportunity lost, or a case

Wayne.Karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl Like us on Facebook. Search: New Home Guide

14 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

of some homeowners being spoiled by the continuing low rates? CIBC seems to think both; Canadians are spending a lot more on home renovations and summer vacations this year.

“With mortgage rates remaining relatively stable and at historic lows for the last few years, some Canadians may not be as focused on paying down their mortgages as when interest rates are higher,” says Barry Gollom, vicepresident at CIBC. While balancing your mortgage against other financial goals, CIBC advises homeowners to increase payment amounts, accelerate payment frequency and make pre- or lump-sum payments whenever possible.

contents

AUGUST 9 - 23, 2014 || VOLUME 14 ISSUE 14

COVER

p. 26 MONARCH CORPORATION

Get moving with Monarch’s summer incentive program

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

CONDO INSERT | C01-C28

DIRECTOR OF SALES, NATIONAL

Josh Heppner

SPOTLIGHT ON CONDOS: Your guide to new condo

communities in the Gatineau and Greater Ottawa Area

SALES MANAGER, EASTERN ONTARIO

regular features 14 Editor’s Note C08 In the News

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Ontarians among tops in Canada in paying down their mortgages

C10 Home Sweet Home

Susan Legge ART DIRECTOR

C20 Smooth Move

Boomers, here’s why our kids can’t afford to buy new homes

by John W. Herbert

31 Fundamentally Speaking

Watch the retail landscape for neighbourhoods on the upswing

32

Smart moving tips to save you time and trouble

C24 Home Smarts

Compatibility testing: Finding the right builder for you

by Marnie Bennett

C25 In the News

EnerQuality announces new training for builders and trades

C26 Mortgage Advice

Is the lowest mortgage interest rate always for you

by Alyssa Richard

24

35

Sara Duck, Elisa Krovblit, Lydia McNutt SALES CO-ORDINATOR, EASTERN ONTARIO

Nash Kamaludin

PRODUCTION CO-ORDINATOR

Bala Gnanapandithan Dennis Ng

GRAPHIC DESIGNER

Mike Terentiev

Published By

In the News The top places to invest in real estate in Ontario

newhomeandcondoguide.com

Et Cetera Serving up style

1 Raymond St., Ste. 300 Ottawa, Ontario K1R 1A2 Phone: 613.729.1221 Published Saturdays, 2014 Publishing Schedule: Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1

Hot Sheets

Two pages of community previews and openings

community focus features C06 GREATWISE

Read and understand your contract for a successful move

26

28 Make Your Move

CONTRIBUTING EDITORS

Tarion Report Renovations and repairs can affect your warranty

by Elisa Krovblit

38

Wayne Karl

MANAGER OF PRODUCTION

by Howard Bogach

34

EDITOR

by Wayne Karl

In the News Job market becoming increasingly stable: CIBC

by Chuck Resnick

Tammy Leung

29 GOHBA Report

Moving: do it yourself or go with a pro?

by Lydia McNutt

Paul Bimm

Qualicum Woods Crossing: Live in the heart of west end Ottawa MONARCH

CORPORATION

Get Moving with Monarch’s summer incentive program

CIRCULATION: Free distribution in street boxes, stores, banks and financial institutions.

TERMS: Advertisers, editorial content and New Home & Condo Guide are not responsible for typographical errors, ­mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL: Submissions from interested parties will be considered. Please submit to the address shown. The views and data expressed by columnists do not necessarily represent those of the publication.

COPYRIGHT 2014: All rights reserved by New Home & Condo Guide, Toronto, Ontario. Reproduction in any form is prohibited. Contents of this publication are covered

by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

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

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 15

ANNOUNCING THE CAMPANALE HOMES ADVANTAGE

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20 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

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SPOTLIGHT ON CONDOS EASTERN EDITION

Aug 9 - 23, 2014

YOUR PULL-OUT GUIDE to highrise, conversion, loft, terrace & townhome condo projects

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L I V E L I F E B E A U T I F U L LY

The Pacific Heights The Pacific Heights Suite 1 Bed + Study + 1 Bath + Water Closet

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SPOTLIGHT ON CONDOS

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SPOTLIGHT ON CONDOS

SPOTLIGHT ON CONDOS

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QUALICUM WOODS CROSSING Live in heart of west end Ottawa for less than rent with only 5% down LOCATION Ottawa HOUSING TYPE Studio, one, two and threebedroom condominiums, 403 to 1,117 sq. ft.

PRICE $199,900 OCCUPANCY Summer, 2015 SALES CENTRE Morrison Drive/Baseline Road, open Monday to Thursday noon to 6 p.m., Saturday and Sunday noon to 5 p.m.

CONTACT 613.693.0808 qwcrossing.com

N

ow under construction – move in 2015 – if you have been searching for the best buy in condos, the best designs, the best location, and the best price your search is finally over!

Qualicum woods has it all!

Qualicum Woods Crossing is vibrant, exciting – just steps away from coffee shops, spas, boutique shopping and restaurants. Located on a tree lined street, in a mature neighbourhood surrounded by estate homes and Georgian styled townhomes. This location cannot be duplicated – it is so conveniently located – urban styled living in one of Ottawa’s most desirable neighbourhoods. These unique condos are selling quickly and won’t last long. This is the perfect address for smart homebuyers who want more for less! Gorgeous floorplans, timeless, with modern and industrial touches – reward yourself and check out the amazing model suite.

Qualicum Woods Crossing offers a one of a kind lifestyle surrounded by mature trees and the most magnificent courtyard with Zen-style garden. Come home from a stressful day at work and meditate by the dry pond, or relieve stress in the state of the art fitness centre.

GREATWISE | Qualicum Woods Crossing

There are three designer packages to choose from with high end finishes, plus there is an industrial Warehouse decor with brick walls.

Invite your family and friends over for a barbecue on the terrace, watch the big game in the home theatre or have a great night with foodies in the urban kitchen and Great Room. It all happens and Qualicum Woods Crossing.

Whether you want to work out in the fitness centre, have a quiet, tranquil space or socialize with neighbours, Qualicum Woods Crossing is the perfect fit. Backyards are huge – more than 460 sq. ft. Upper units provide oversized wraparound balconies – perfect for entertaining. With spacious and open-concept living areas and an abundance of natural light, most suites have stunning extra long kitchens, five appliances and finished hardwood floors. Our design centre designers will help you choose your finishes, adding your personality and style to your new home.

Customize a condo to fit your budget and esthetic needs.

There are 32 floorplans to choose from and three different style collections. There are three designer packages to choose from with high end finishes, plus there is an industrial warehouse decor with brick walls. These loft style condos are modern, sleek and very urban. Thanks to the design team of Kiki Interiors, the warehouse-industrial feel has incorporated rich brick while contrasting dark, metallic industrial textures and sharp, white edges. Enjoy wood plank flooring, authentic brick walls, industrial lighting, oversized islands and more. With prices starting as low as $199,900, it has never been so affordable to purchase in Ottawa’s west end.

“The price was totally reasonable and the location was awesome,” says first-time homebuyer Jennifer. “I could not

believe the value and the low condo fees. I visited a lot of new developments in Westboro, Downtown and Kanata, but this was the best – plus I saved over $75,000 as compared to others. The main feature I loved was the huge backyards – which is so great because I have two dogs and this is a feature you don’t see in a lot of condos. It’s so terrific for barbecuing and outdoor entertaining.”

“First feature is location – proximity to my work at the hospital,” says Casey, who is downsizing. “Second – it’s not a highrise, you don’t have to spend a lot of time in the elevators, and then there are amenities like barbecuing on the balcony.

Very few apartment condos allow that, which was the main selling feature. I love the idea of condo living, not having to shovel the driveway and cut the grass, so I can spend time doing things I like to do – and the underground parking.”

“I had shopped around the city and the enthusiasm of the sales people and knowledge of the condo was excellent,” says investor Brent. “I bought one of the one-bedrooms – at a tremendous price such a really good deal. The location is close to Algonquin College, Queensway Carleton Hospital and I’m looking forward to it being a new building. It is an amazing investment ” The project is underway with expected occupancy in summer 2015. These properties are expected to sell quickly, so don’t miss out!

As a special limited promotional offer, the next three buyers of the Premier or Contemporary packages will save $8,000 off the purchase price. The next three buyers who purchase the Warehouse lofts will save $3,000. Plus an Extra Construction Bonus up to $10,000 will be given on select suites. Come by and see the models. Register now at qwcrossing.com, or call the Qualicum Woods office at 613.693.0808.

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7

//IN THE NEWS

Ontarians among tops in Canada

IN TERMS OF PAYING DOWN THEIR MORTGAGES FASTER A new CIBC poll finds there has been a significant decrease in the number of Canadians using today’s low interest rates as an opportunity to accelerate repayment of their mortgages.

Ontario residents, however, are among the tops in the country at taking actions to pay down their mortgages faster.

While more than half of Canadians with mortgages (55 per cent) are taking one or more actions to pay their mortgages down sooner, a similar poll last year found that more than two-thirds (68 per cent) were taking steps to accelerate their repayments. The poll also finds Canadians with mortgages saying, on average, that they will be 58 years of age before they become mortgage-free.

KEY FINDINGS OF THE POLL INCLUDE:

» 5 5 per cent of Canadians with mortgages are taking one or more actions to repay their mortgage faster, down from 68 per cent in a similar poll last year » A mong those taking some action: • 3 2 per cent accelerated their payment frequency (down from 42 per cent in 2013) • 2 8 per cent increased their payment amount (compared to 30 per cent last year) • 1 8 per cent made a prepayment / lump sum payment (15 per cent in 2013) » 5 8 is the average age that Canadians with mortgages expect to be mortgage-free, a small increase from age 57 in last year’s poll “A mortgage is the largest debt most Canadians will take on in their lifetime, and being mortgage-free is an important goal for many,” says Barry Gollom, vice-president, secured lending and product policy, CIBC. “With current low interest rates, this may be an opportune time to make progress against your mortgage – even a few small changes can make a big difference in the length of time it takes to pay off your mortgage and the amount you pay in interest charges.”

Recent research from CIBC shows that Canadians are spending more this year on other items such as home renovations (up 30 per cent from a year ago), and summer vacations (up 20 per cent from last year).

“With mortgage rates remaining relatively stable and at historic lows for the last few years, some Canadians may not be as focused on paying down their mortgages as when interest rates are higher,” says Gollom. “Generally, paying off debt as quickly as possible is a smart decision, but you do need to ensure you’re not focusing on your mortgage at the expense of your other financial plans, or by increasing debt elsewhere.”

Paying off your mortgage sooner can result in significant savings, which can have a large impact when applied to your other financial goals.

C8 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

Here are some specific examples to show how the savings can add up, using a mortgage of $250,000 (the Canadian average), with a 4.99-per-cent interest rate and a 25-year amortization, and regular monthly payments of $1,453: » I ncrease payment amount: Taking the regular monthly payment amount and topping it up by $147 per month would save you four years and $34,362 in interest on your mortgage. »A ccelerate payment frequency: Most Canadians are paid every two weeks; aligning your mortgage payments with your pay deposit and making accelerated bi-weekly payments of $726 would result in saving four years off the life of your mortgage, and a reduction of $30,970 in interest charges. Combining this with increased payments as above (an extra $74 bi-weekly) would together save you seven years and $57,182. »M ake pre-payments/lump sum payments: Not a lot of families have a few thousand “extra” dollars lying around, but even using your annual tax refund towards your mortgage can make a difference. The average Canadian tax refund is $1,600 – applying that amount to your mortgage each year would reduce the amortization by four years and save you $33,103 in interest. Using all three of these strategies in combination would shave nine years off the life of your mortgage, and result in total savings of $73,785.

“Employing one or more of these strategies does take some planning and discipline,” says Gollom. “If becoming mortgage-free sooner is something you want to achieve, it’s important to look at your mortgage as part of your overall financial picture, and to balance your mortgage payment plan against your other goals.”

AVERAGE AGE CANADIANS EXPECT TO BE MORTGAGE-FREE, BY REGION:

National 58 Atlantic Canada 57 Quebec 56 Ontario 57 Manitoba and Saskatchewan 58 Alberta 55 British Columbia 66

PERCENTAGE OF CANADIANS WHO HAVE TAKEN SOME ACTION TO REPAY THEIR MORTGAGE FASTER, BY REGION:

National 55% Atlantic Canada 48% Quebec 48% Ontario 61% Manitoba and Saskatchewan 51% Alberta 65% British Columbia 47%

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SPOTLIGHT ON CONDOS

PR ESEN TATI ON CEN TR E

C9

//HOME SWEET HOME

Do-it-yourself or go with a pro? » by LYDIA MCNUTT

LYDIA MCNUTT

is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@ wall2wallmedia.com, and follow her on Twitter @LydiasTweets

Right on track with what the busiest moving season in Canada, my own family is packing up and moving out.

Over the past couple of months, I have experienced all that comes with the home selling and buying process, and now I find myself at the peak of all the excitement.

I’ll admit that I haven’t changed homes very many times in my life. I can count my moves on one hand. And after going through the process of packing, clearing and cleaning a whole house worth of stuff – or “junk,” as my husband affectionately calls it – I can honestly say that moving officially tops my “mosthated things to do” list. The fact that my husband and I opted for a do-it-yourself move doesn’t help matters.

What also complicates things is the fact that my sale and purchase close on the same day. So, between running to my lawyer’s office, renting vans – yes, plural – packing up the last of our “junk,” moving out and moving in, it’ll be a hectic day to say the least. I must say, my husband and I are on track with it all, but I can certainly see why many choose to go with a pro rather than taking the DIY route.

Sure, doing it yourself gives you some control – of your stuff, your timing and your costs. Unless you’ve made errors in judgement, in which case, all that goes out the window.

You’ve “eyeballed” your house and its contents, and you’ve chosen a truck that “should be big enough.” But halfway through loading it, you realize you’ve packed only a quarter of your stuff and now your options are to rent a second truck, run about 20 loads of boxes to Mom and Dad’s place, or get rid of a lot of stuff. It’s not a decision you want to make at the last minute, which is when the realization that you’re not properly

C10 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

prepared usually sets in.

If you’ve ever moved, you’ll likely agree that using a professional moving company is worth every penny.

Many moving companies offer services far beyond just loading the truck and driving it across town. Movers can help plan your moving day, pack and even unpack for you. They will assess the size of truck you’ll need, the amount and type of packing materials, and they know how to handle awkward and heavy pieces that might otherwise leave you scratching your head. Professional movers know to expect the unexpected, ensuring you’re not stuck at crunch time.

When you’re shopping for a moving company, don’t expect to find one at the last minute – especially if you’re moving at the end of June or July, like many other Canadians also are. Do your research and hire a reputable company well in advance.

The Canadian Association of Movers offers some tips when shopping for a moving company: » Find reputable movers through the Canadian Association of Movers. » Check with the Better Business Bureau (BBB), and/or your provincial government’s consumer protection agency. » Ask three movers for estimates in writing. » Get the terms and conditions of your move in writing. » Ensure you know how your goods will be protected for loss or damage.

The next time we move – which won’t be for a very, very long time – we will seriously consider hiring a professional mover to literally shoulder some of the burden.

ONLY ONLY * * DOWN DOWN

AA VISION. VISION. AA STATEMENT. STATEMENT. ANAN ICON. ICON. Extraordinary Extraordinary architecture. architecture.

Uncompromising Uncompromising design. design.

An incredible An incredible view, view, and an and unbeatable an unbeatable location location next to next Dow’s to Dow’s Lake.Lake.

RightRight on your on doorstep your doorstep find the findO-train, the O-train, kayaking, kayaking, running, running, greatgreat restaurants restaurants and nightlife. and nightlife.

Then Then comecome homehome to an to indoor an indoor pool,pool, yoga yoga studiostudio and aand a 24 hour 24 concierge. hour concierge.

Now is Now theistime the to time make to make your move your move and find andyour find new yourhome new home in theinnew theheart new heart of Little of Little Italy. Italy.

Visit us Visit today. us today.

STUNNING STUNNING VIEWS VIEWS STARTING STARTING ATAT $272,000 $272,000

claridgeicon.com claridgeicon.com 613.695.1441 613.695.1441

SPOTLIGHT ON CONDOS

* Upon *signing.

Upon signing.

Some conditions Some conditions apply. See apply. sales See repsales for details. rep for Prices details.and Prices specifications and specifications are subject are to subject change to change without without notice. E. notice. & O. E. & O. E.

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over

50% sold

2014 Finalist: High-Rise Builder of the Year 2011 Winner: High-Rise Builder of the Year

An urban village nestled in the heart of Chapel Hill Beautifully designed, quality built 2+3 bedroom towns + 1 bedroom flats Construction starting this spring Occupancy starting January 2015

BergeronTerrace.ca

SPOTLIGHT ON CONDOS

Drop by our sales centre 5911 Meadowglen at Orleans Blvd 613•223•5803

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Discover the many colours of Little Italy.

Domicile nuovo condos in Little Italy. Building location: Rochester at Pamilla.

Visit our sales centre at: 445 Preston 613.728.7873

nuovocondo.ca

SPOTLIGHT ON CONDOS

As many shades as you.

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SPOTLIGHT ON CONDOS

Purchase one of our ready-to-move-in condos.

Only 5% down payment.

start at $282,000.

SALES CENTRE: 238 BESSERER ST. 613.232.7333 Located between Cumberland St. & King Edward Ave.

BONUS Granite counters throughout

6 Appliances

Storage locker

SPOTLIGHT ON CONDOS

Discover downtown living at its best with a tour of the bright and airy, beautifully decorated models at Galleria 2. This is your opportunity to live and play close to Parliament Hill, University of Ottawa, ByWard Market, and all that Canada’s capital has to offer.

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Upper West Choice G ELLINT! S P O C O’S TM PROJE R O B T U WES DOMINI CON

Way! FOR A LIMITED TIME WE’LL GIVE YOU $25,000* TO USE TOWARDS YOUR CHOICE OF:

SPOTLIGHT ON CONDOS

• A PARKING SPACE • UPGRADES • CASH BACK* OR ANY COMBINATION

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TIMELESS DESIGN, PRICELESS LOCATION, A ONCE-IN-A-LIFETIME OPPORTUNITY. This superb collection of fresh urban suites complements an incredible array of lifestyle amenities at Westboro’s most vibrant new condominium community. You can use the money on a parking space, upgrades, cash back or any combination of these.

How you spend the $25,000* is totally up to you.

MY KIND OF COMMUNITY. MY UPPERWEST. CONDOS FROM THE MID $200S**

LIVEUPPERWEST.COM 613 788 2786 SALES CENTRE: 400 Richmond Rd. Mon - Thurs: 12PM - 7PM, Closed Friday, Sat & Sun: 11AM - 5PM *$25,000 on select 2 bedrooms, $20,000 on select 1 bedroom + dens.

The cash back will be credited on closing. Some conditions apply.

See Sales Rep for details. **Prices and specifications are subject to change without notice.

Rendering is artist concept. E.& O.E.

LIVE FRONT ROW CENTRE WITH ONLY 5% DOWN*

YOUR FRONT YARD

YOUR BACK YARD

Now Under Construction - Move in Fall 2014 • A prestigious address on the Rideau Canal & Bank Street

• In your backyard, enjoy the beautiful Rideau Canal by walking the waterside trails

• Spectacular 1 & 2 bedroom designs featuring open concepts and stunning features and finishes

Luxury condos in The Glebe from the mid $300’s**

Visit the Sales Centre today!

Fifth Avenue Court, 831 Bank St. Monday - Thursday: 12pm - 7pm Weekends & Holidays: 11am - 5pm Closed Friday

mintolansdowne.com I 613.788.2784 *Available on suites in the Vibe only. **Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E.

SPOTLIGHT ON CONDOS

• New stadium in your front yard, watch the CFL Ottawa REDBLACKS & Ottawa Fury FC

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Choose your ClARIDGe Style tRIbeCA – Downtown Tribeca is a world-class complex in a world-class neighbourhood.

Just minutes from your front door, you’ll find a cultural hotbed of fabulous shops, clubs, bistros, restaurants and cafés. Explore Elgin Street and all its charms. Model suites are available for viewing!

Occupancy now available. STARTING FROM $329,000

ClARIDGe plAzA 3&4 – RIDeau StReet With Claridge Plaza just steps away from it all, you’ll be happy to leave your car and walk where you’re going to. Live, work, play... at Claridge Plaza, you’re at the heart of it all.

Now available. STARTING FROM $208,000

StIRlInG pARk – MeRIvale You’ll be surrounded by all the stores and services you’d ever need. Parks and community centres dot the area, as do schools, daycares and medical centres. Public transit and the Queensway are close at hand.

Under construction. STARTING FROM $233,000

WAteRStReet – loweRtown Waterstreet is Ottawa’s best-kept secret: surrounded by some of the best cafes and restauraunts, you can sample fine fare at one of the local spots or stroll through the rest of the Byward Market to pick up fresh produce.

Under construction. STARTING FROM $192,000

SPOTLIGHT ON CONDOS

lA tIffAnI 2 – new eDInBuRGH

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Located in the historic New Edinburgh neighbourhood, LA TIFFANI 2 is just minutes from Ottawa’s downtown core. Its breathtaking views extend in every direction, and include the Parliament Buildings, the Gatineau Hills, the Ottawa River, the Rideau River and the city skyline.

Move in today! STARTING FROM $249,000

Come Home to Style With 6 different locations around the city, we build to suit everyone’s needs. Visit us today!

Prices and specifications are subject to change without notice. e.& o.e.

fuSIon leBReton FlatS at Fusion, all of life’s pleasures come together in one eco-friendly living environment. leBreton Flats is ideal for walkers and cyclists, with 65 hectares set below the western edge of the escapement on which the Parliament Buildings perch. within this picturesque green space 40% of the land will be kept green and open, enhanced only with ottawa’s parks, courtyards and walkways.

STARTING FROM $266,000

a fusion of SPOTLIGHT ON CONDOS

ClaridgeHomes.com

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//SMOOTH MOVE

MOVING MADE EASY

Smart planning tips to save time and trouble

Moving comes with a mix of emotions that can be overwhelming. You may feel excited to live in a new home, but getting all your possessions moved can be stressful. The key to having a smooth move is staying organized and following a schedule similar to what the pros use.

The first step is to not worry about your upcoming move. If you follow this simple timeline and valuable advice, any move can be quick, easy and organized:

THREE TO FOUR WEEKS PRIOR TO MOVE DAY 1. Estimate how large a rental truck you’ll need. In general, allow 150 cu. ft. of truck space for each fully furnished room. For example, a 12-ft. truck offers 450 cu. ft. while a 26-ft. truck offers 1,400 cu. ft. for your items.

2. Get the packing supplies you need.

Save time by ordering your moving ...continued on pg C22

C20 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

Urban Convenience Appease your inner foodie at famed local eateries, or host friends in your famed urban space. If your guests decide to stay over, they’ll feel right at home in the Kavanaugh guest suite.

Urban condos in Beechwood Village

Features: roof-top terrace & lounge · fitness facility ground floor retail & courtyard · guest suite Unique selection of 1 bedroom and 1 bedroom + den suites starting at $280,700 Move in Spring-Summer 2015

SPOTLIGHT ON CONDOS

See the full-size model suite shown above at our sales centre · 84/86 Beechwood thekavanaugh.ca • Urban condos by Domicile • 613.868.7597

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//SMOOTH MOVE...continued

Did you know you can use your smartphone to quickly and easily rent a moving truck with Penske’s new mobile rental option?

supplies like boxes, labels, bubble wrap and packing tape online early. Sometimes, you can collect boxes at work or ask your local grocery store if they have any you may have.

3. Start packing. Begin with out-of-season and non-essential items. Remember to label boxes clearly. This is also a good time to lighten your load. If you haven’t worn or used it in a year, donate it to charity.

4. U tilize technology. Did you know you can use your smartphone to quickly and easily rent a moving truck with Penske’s new mobile rental option? Simply access pensketruckrental.com from your smartphone and the site automatically becomes an easy-to-use mobile version. A few clicks and you’ll reserve the perfect moving truck for your moving day, saving you time and headaches.

TWO WEEKS PRIOR TO MOVE DAY 1. Change your address with the post office. Remember to update your address with other important contacts such as banks, credit card companies, magazines and professional associations.

2. C all service providers and utilities to discontinue cable TV, trash collection, water, gas and electricity. If your move date is flexible, consider scheduling cut-off for a day or two after you move, just in case there is a delay and you still need those services.

3. Ask for help. Get a crew of family and friends to save the date to help on moving day. You’ll need some strong folks to help move boxes and appliances, and some others that are willing to watch children and pets so they don’t get in the way.

ONE DAY PRIOR TO MOVE DAY 1. Finish any remaining packing. Reserve one box for essentials which will be the last box you pack and likely the first one you open at your new destination. Include items like checkbooks, credit cards, IDs, glasses, prescription drugs, house keys and other necessities.

C22 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

2. Pick up your truck rental the day or evening before the move to save time on moving day. Penske professionals will get you familiarized with your vehicle and help you verify the best driving directions to your new home. They’ll even check the upcoming weather and give you any necessary driving advice.

MOVE DAY 1. Pack the truck. Put the heaviest items on the truck first.

When loading and unloading, be sure to bend your knees and lift with your legs, not your back. Work diligently, but be sure to take breaks and stay hydrated.

2. Leave early in the morning. You’ll run into less traffic and you’ll leave yourself extra time to unload at your destination. Take turns driving and take breaks once every two to three hours.

3. Get help unpacking. After a long drive you’ll appreciate assistance unloading the moving truck. If possible, have friends or relatives ready to help at your destination.

By using this schedule, you’ll have an easy and smooth move without headaches so you can enjoy your new home and look forward to the future.

* Offer on selected units, subject to availability and change without notice. Offer may be withdrawn at any time. Purchaser must close before Aug. 31, 2014. E. & O.E.

SPOTLIGHT ON CONDOS

Visit the Gluckstein desiGned furnished model suite. sales centre at 300 lisGar st.

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//HOME SMARTS

COMPATIBILITY TESTING

Finding the builder who rings your bell » by MARNIE BENNETT

MARNIE BENNETT

is a broker and the marketing director for 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 weekly radio show the Real Estate Hour, a millionaire real estate investor and a wealth management coach. bennettpros.com

You probably already suspect this, but random guesswork really isn’t the best method of choosing a builder. (Just remember how long it’s taken you to find the right hairdresser.)

So, how can you go about ensuring that you’re putting your eggs in the right basket?

First of all, you can narrow down your options fairly quickly by looking at your list of must-haves. Publications such as New Home & Condo Guide are terrific for zeroing in on possible builders according to neighbourhood, housing type and budget. Some builders specialize in features you may be looking for, such as wide lots, Green technology or R-2000 construction. The Internet is another excellent tool for finding builders to meet your requirements.

But making the shortlist is the easy part. When it comes to actual research, the most important piece of advice I give my clients is this: don’t be afraid to be nosy!

In your day-to-day conversations with friends, acquaintances and co-workers, dig around. You may not realize it, but you have a network of important contacts at your disposal – even if no one in your immediate circle has had recent experience with a builder, they all know someone who does.

When you speak with a builder’s sales representative, work from a list of prepared questions: for instance, how open is the builder to adapting their plans to suit your personal needs? What is the builder’s rating for after-sales service with the Tarion warranty program? Ask for references from previous clients.

C24 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

When you tour a model home, inspect every nook and cranny: if the model can’t withstand the closest scrutiny, you can be fairly sure that your home won’t, either. If there are no models, request a tour of a customer’s home. As wonderful as the plans may look on paper, you need solid evidence of good workmanship.

Talk to people in your prospective neighbourhood. If you’re too shy to knock on doors, stop and chat with people on the street. You’ll find that most people are glad to share their stories, whether they love their builder to bits or encountered issues. Be sure to speak with more than one owner.

And remember: whatever may have happened to the cat, there are some situations where curiosity pays!

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

//IN THE NEWS

EnerQuality

ANNOUNCES NEW TRAINING FOR BUILDERS, CONTRACTORS AND TRADES EnerQuality has announced a series of online Canadianmade building science courses that are designed to increase the knowledge and credibility of those working in the residential home construction industry.

Building Science Basics and Envelope Specialists courses developed by Canadian energy efficiency experts Blue House Energy (BHE) can be taken 24/7 over a period of several weeks and graduates receive a certificate of completion. Participants can register through EnerQuality at enerquality.ca/training “Understanding the ‘why’ behind energy efficiency improves the quality of the work to be done. These new e-learning courses address this major challenge across the industry, and our certificate of completion ensures proof that trades are well-versed in quality production practices that are unique to our climate,” says Corey McBurney, president, EnerQuality.

“We are very excited to partner with EnerQuality, who has helped to transform the marketplace for energy efficiency and high performance homes,” says Shawna Henderson, CEO of Blue House Energy, “EnerQuality has the highest standards for trainers and their training programs. We’re pleased to have our online courses added to EnerQuality’s curriculum, and to have graduates carry a certificate of completion from both of our organizations.”

EnerQuality has the highest standards for trainers and their training programs. We’re pleased to have our online courses added to EnerQuality’s curriculum, and to have graduates carry a certificate of completion from both of our organizations.

These graphically rich videos also feature downloadable content and interactive practice exercises that contain real site-based examples.

BENEFITS OF TR AINING INCLUDE:

›› Reduce callbacks and rework ›› Bring the workforce up to speed on energy efficiency standards and code changes ›› Get trades and contractors up to speed quickly and inexpensively ›› Augment face-to-face training ›› Recognize achievement – graduates get a certificate upon completion ›› Boost employee confidence by ensuring workforce can provide the best solutions to customer needs ›› Support self-directed learning, especially for people who have been away from school for a long time or who cannot take time away from their workday EnerQuality designs and delivers Green building programs to the residential construction industry. A social enterprise, EnerQuality is working to transform Ontario’s housing into the most energy efficient and sustainable in the world. Our programs are voluntary and market-based, designed to support builders and include Energy Star for New Homes, GreenHouse Certified Construction, The Green Renovator Project and LEVEL.

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C25

//MORTGAGE ADVICE

Is the lowest rate always best? » by ALYSSA RICHARD

ALYSSA RICHARD

is the Founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

While at ratehub.ca we’re in the business of comparing mortgage rates, we know there’s more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promotional rates to bring in new clients, but many of those offers come with serious restrictions and penalties.

Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:

While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others.

C26 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

» LOW PREPAYMENT PRIVILEGES. Most products give mortgage holders the option to increase their monthly mortgage payment amount once per year and/or make lumpsum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lump-sum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage debtfree fast, this may not be the right product for you. » COLLATER AL CHARGE. If the lowest rate ends up being for a collateral mortgage, you’ll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage, you would need to hire a real estate lawyer (and pay legal fees). » C LOSED MORTGAGE. While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product Investors Group offered a couple months ago didn’t allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you.

Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate.

SPOTLIGHT ON CONDOS

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SPOTLIGHT ON CONDOS

ARTIST’S CONCEPT

Live in the heart of Westboro Westboro’s most exciting new enclave of only 19 two- and three-bedroom contemporary townhomes, ranging from 1,756 to 1,948 sq. ft., beautifully designed by Barry J. Hobin & Associates Architects.

Enjoy the comfort and lock-and-leave convenience of heated underground parking with direct access to your home. Ample storage space is included in each home. These freehold townhomes include a low monthly cost for yard maintenance and snow removal.

All this and an enviable urban lifestyle in the heart of Westboro—live within a two-block walk of your favourite cafés, shops and restaurants, and just minutes from the Sir John A. Macdonald Parkway, Queensway, downtown and Gatineau Park.

PRESENTATION RD CENTRE D ON HM C RI

Ravenhill Common townhomes now under construction 65% sold | Choice locations still available Prices from $699,900 (includes 1 heated underground parking)

AVE

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PRESENTATION CENTRE HOURS Monday to Friday Noon to 6 p.m.

Weekends and holidays Noon to 5 p.m.

VEN RA

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613-825-0080 | RavenhillCommon.com

RAVENHILL COMMON

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Presentation Centre located at 329 Richmond Road

VE NA

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BY

//IN THE NEWS

Job market becoming increasingly stable: CIBC REPORT

Job stability in Canada, which was projected to be a thing of the past, is stronger than it ever has been with those holding a job with the same employer for five years or longer sitting at a record high, finds a new report from CIBC World Markets.

The CIBC report found that there is a near-record high 60 per cent chance that Canadians with stay with an employer after completing their first year on the job with the retention rate hitting nearly 95 per cent for those having five or more years at a company.

“This stable and boring job market is the complete opposite of what was envisioned not too long ago,” says CIBC Deputy Chief Economist Benjamin Tal, who coauthored the report with CIBC economist, Nick Exarhos. “The job market of the ‘new economy’ was supposed to permanently alter employeremployee relationships and workers were seen as becoming increasingly disposable, with the implication that job stability would tumble.”

But Tal says the opposite is happening, driven by the changing needs of employers in the country that has seen vacancy rates rise without a corresponding decrease in unemployment.

“Rising survival rates between years of employment and increased stability makes sense in a world where there is a low supply of newly unemployed – and presumably still qualified – individuals. The situation today keeps employers motivated to keep workers they have. At the same time, a large overhang of long-term unemployed reduces the motivation of lower skill employees to branch out.”

Looking closer at the unemployed in Canada shows a diverging pattern between those with in-demand skills and those without. The share of those unemployed for roughly three months or less has been approaching cycle and all-time lows recently. On the other hand, the number of those who have been unemployed for 27 weeks and longer remains at elevated levels. The authors conclude that this means the sticky unemployment rate of the past couple of years is largely due to stagnation in long-term unemployment as opposed to an increase in the number of newly unemployed.

“The abnormal relationship between recent vacancy rates and unemployment suggests that large swaths of those unemployed are not what employers are seeking,” says Tal. “A discontinuity between the types of workers desired and those that are available in the ranks of the unemployed would explain how a growing number of unfilled vacancies could co-exist with a higher level of

The job market of the ‘new economy’ was supposed to permanently alter employeremployee relationships and workers were seen as becoming increasingly disposable, with the implication that job stability would tumble.

24 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

unemployed – and potentially unemployable – individuals.”

And for those individuals who have been unemployed for longer stretches, the trend of people staying in their jobs longer makes it even more difficult to find a vacancy they are qualified to fill.

He notes that, unlike past recoveries, this one has also seen stronger pay increases amongst higher paid professions relative to others.

Canadians with higher levels of relevant education and training – who are unlikely to be those stuck in unemployment – have more bargaining power than those who are engaged in less remunerative professions.

These changes are taking place at the same time that an aging Canadian workforce has driven a decrease in the country’s labour market participation rate. Canadians 55 and over have seen their share of the country’s working age population climb nearly four per cent since 2008, with those 25 to 54 falling by roughly 2.5 per cent over the same time. An overall aging population has driven this change but this understates a deeper deterioration as working Canadians 55 and over are rapidly reducing their level of jobmarket engagement. Since 2007, the number of older self-employed individuals has risen much faster than in any other age group, seeing their share in total self-employment rise strongly.

Tal notes that Canadians have to go a little higher these days to climb over the employment bar with an aging population shrinking the workforce coupled with a growing skills mismatch. “But the current environment also suggests that once that higher bar is cleared, a career featuring higher stability lies ahead.”

Dear Mortgage, I’m taking time off to cook up a new career.

Take time off from your mortgage payment.

A flexible mortgage from TD allows you to concentrate on something you’ve always wanted to do. Just add a little extra to your regular payments and then have the option to take a payment vacation for up to four months1.

It’s just one of TD’s flexible mortgage features.

Visit a branch or tdcanadatrust.com/paymentvacation

1

Conditions apply. See us for details. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

//COVER STORY

GET MOVING WITH MONARCH’S SUMMER INCENTIVE PROGRAM

Thousands in savings!

26 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

N

ew-home buyers in Ottawa are being offered the perfect chance right now to get into the townhome of their dreams this year.

Monarch has just announced the new Get Moving program at its Longfields and Stonebridge communities in Nepean and at Blackstone in Kanata.

The trusted builder has put together what they are sure will be an irresistible incentives package on their “Ready Soon” townhomes.

Incentives currently being offered are

MONARCH CORPORATION | Multi-Site

LOCATION Nepean, Kanata HOUSING TYPE Townhomes SALES CENTRE/CONTACT Blackstone, 110 Westphalian Ave., Kanata, call 613.831.2619.

Longfields, 280 Longfields Dr., Nepean, call 613.569.5313.

Stonebridge, 610 Kilbirnie Dr., Nepean, call 613.692.9284

valued at thousands of dollars, making now the ideal time for buyers to take advantage of the low interest rates and own more home for the money. Adding to the appeal, these stunning townhomes will be available to move in this year! At select communities, first-time buyers will be especially excited that they can get into ownership at amazingly low prices starting from the upper $200,000s.

There is a wide selection of “Ready Soon” townhomes available to choose from at all three Ottawa communities.

Visitors to all three communities can tour the stunning designer-decorated model homes.

Monarch’s Get Moving program ends Aug. 31, so if you’re looking for great value in a townhome, you’d better get moving

and visit Monarch’s Sales Centre right away.

The sales centre for Monarch’s master-planned community of Blackstone is located at 110 Westphalian Ave. in Kanata.

For more information, call 613.831.2619. Longfields Sales Centre is located at 280 Longfields Dr. in Nepean, or call 613.569.5313. Stonebridge Sales Centre is located at 610 Kilbirnie Dr., or call 613.692.9284. For more information on these and other Monarch communities, visit monarchgroup.net For 96 years, families have trusted the oldest, strongest and most respected name in Canadian homebuilding. Now with the Get Moving program, once again Monarch is there for families. First.

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 27

//MAKE YOUR MOVE

READ AND UNDERSTAND YOUR CONTRACT

for a successful move » by CHUCK RESNICK

CHUCK RESNICK is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

There’s an old rule in business: what is not in writing was never said.

Although some agreements may need just a handshake, others that involve a multitude of variables require a contract so that all the parties understand what is expected of them.

This is particularly true when you hire professional movers. You’re obviously the “who,” but we also need to know exactly “what,” “where” and “when” in order to transport your items to your new place. Within those general categories, there can be many details, and finding out about them on moving day is counterproductive. Think ahead.

The first thing to do is find a reputable mover. You can check online with the Better Business Bureau or the Canadian Association of Movers, and of course, find out who friends and family members have used. Select a company that has a tried-and-true track record.

Then ask questions, and remember that the movers should be asking you a lot of questions as well to determine exactly what the move will entail.

When we meet customers to arrange their move, we need to know about everything they expect to take so we can prepare and accurate an estimate as possible.

In many ways, estimating is a science.

Computers help, but the results are only

28 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

as good as the information we input. Telling us on moving day that you forgot you want to take the shed in the backyard can hold things up for hours. It will also add to your costs.

And speaking of costs, we need to know well ahead of time if you want us to provide the service of packing.

Deciding this two days before the move likely won’t work. In addition, if we have quoted only on moving and not on packing, a new contract will have to be drawn up with a higher price. If you do the packing yourself, read the contract as to whether or how much your items are covered, should damages occur.

We also have to know whether you have anything other than Point A to Point B in mind for moving day. If you forgot to tell us that your dining room set has to be dropped off somewhere else first, it’s like the meter running in a taxicab.

You will pay more for unexpected side trips. Plus, unless we know in advance, we may pack the dining set in an awkward place for unloading partway to your destination. Again, this will cost you time and money – two things that are precious commodities on moving day.

It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us. A contract protects you as much as the movers, but only if you read it, understand it and abide by it.

At Two Men and a Truck Canada, we follow The Grandma Rule: we treat everyone the way we would want our grandmothers to be treated – with dignity, courtesy, respect, honesty and trust We all want everything to go smoothly on moving day – and when we communicate and work together, it does!

Chuck Resnick is Vice President, Marketing & Operations at Two Men and a Truck – Canada. Visit twomen.ca

//GOHBA REPORT

BOOMERS:

Here’s why our kids can’t afford a home in Ottawa » by JOHN W. HERBERT

JOHN W. HERBERT

is executive director of the Greater Ottawa Home Builders’ Association.

He can be reached at 613.723.2926, ext. 224, or visit gohba.ca

Congratulations Boomers, today’s Millennials are doing all the right things. They’ve graduated from university or college.

They are paying off their student loans. They work hard and are building lives. They save their money. Yet, they can’t afford to buy a home (at least not without your help). So, why can’t our kids afford new homes in Ottawa, and what can you do about it?

available for housing. This intensification is driving up the cost of land and therefore the cost of new homes.

FAMILY INCOMES AREN’T KEEPING UP In 1989, the average price of a new single-family home was $155,000. Today, the average price is $440,000. That’s a 185-per-cent increase in the price of a new single-family home in Ottawa over the last 25 years. To get a better sense of what this means, let’s compare the increase in new home prices to the increase in our family incomes.

Twenty five years ago, Ottawa’s median family income was $49,995, today it’s $97,010 – a 97-per-cent increase. During that time, the cost of new homes has risen by 185 per cent.

Put another way, families in Ottawa today are earning twice as much as they did 25 years ago, but the cost of a new home is three times what it was back then. When it comes to the price of new homes, boomers had it much easier than Millennials.

Homebuilders require permits and licences to build homes. The challenge for today’s new homebuyer is that the number of permits required from various levels of government is adding years to the building process. In 1989, it used to take two years for a builder to go from an application for subdivision approval to sales of homes in a new area. Twenty-five years later, it takes five years to go from subdivision application to the sale of new homes.

During those three extra years, the homebuilder is required to finance the cost of the land and carry on their business.

Homebuilders have no choice but to pass these costs on to new-home buyers.

CITY OF OTTAWA DECISIONS ARE INCREASING THE COST OF NEW HOMES While it’s hard for the City of Ottawa acting alone to increase our incomes, there are three things that it can do to help Millennials afford new homes.

1. Reduce the tax burden on new-home buyers Each new-home buyer pays a tax of more than $30,000 in the suburbs outside of Ottawa’s Greenbelt. This includes the suburbs of Orleans, Kanata and Barrhaven, where most of Ottawa’s new tract housing is being built. As of Oct. 1, 2014, this tax will rise to about $38,000. These Development Charges cover the cost of the infrastructure needed to support the home (such as roads, sewers, police and fire services).

Boomers buying a new home in 1989 in Ottawa-Carleton paid no or minimal development charges.

2. Expand the supply of land available for new homes Insufficient land supply adds $25,000 to the cost of a new home.

Twenty-five years ago in Ottawa, land was selling for $80,000 per acre, today the figure is $225,000 per acre – a 180-per-cent increase. The supply of land for housing in Ottawa is controlled by the City of Ottawa. In 2009, the City decided to promote growth inside the Greenbelt, by limiting the supply of new land

3. Reduce delays caused homebuilding permits and regulations

WHAT YOU CAN DO ABOUT HOUSING AFFORDABILITY IN OTTAWA? Today’s historically low interest rates and help from parents are the main reasons why the Millennial homebuyers can afford new homes. As a society, we cannot rely forever on the kindness of parents and low interest rates to support new-home buyers. Low interest rates will not last forever and not everyone has parents who can help.

A municipal election is coming in October 2014. Our elected officials can make decisions that will affect the cost of housing. Boomers and Millennials, ask your candidate about her/his position on: » New-home buyer taxes » Expanding the supply of land for new homes » Streamlining red tape for new-home building

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 29

IT’S NOT TOO LATE TO...

DISCOVER EASTERN ONTARIO’S HOME BUILDERS — ONE STORY AT A TIME

• Industry Insights by Eastern Ontario’s Home Building Leaders • Detailed Home Builder Stories • Mortgage and Legal Advice

2014 Home Builders’Annual Now Available!

Contact nashrun.kamaludin@wall2wallmedia.com 613.729.1221 to receive your FREE copy!

30 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

//FUNDAMENTALLY SPEAKING

Watch the changing retail landscape

TO SEE IF YOUR NEIGHBOURHOOD MAY BE ON THE UPSWING » by WAYNE KARL

WAYNE KARL

is an award-winning writer and editor with experience in real estate and business.

In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property.

He can be reached at

wayne.karl@wall2wallmedia.com

or follow him on Twitter at Twitter.com/WayneKarl

Target Corp.’s 2013 expansion into Canada – and subsequent retrenching this year – represent an important exercise in economic and community development. The U.S. retail giant announced in 2011 it was moving north with a $1.8-billion acquisition of up to 200 Zellers store leases, with most of the initial openings coming from renovating existing Zellers locations.

While the expansion may not have gone quite as planned, with Canadian consumers not exactly enthralled with Target’s product offerings and pricing strategy, there’s no question the move will continue to have a significant impact on the Canadian retail landscape – particularly as the company builds greenfield outlets in new locations.

Wal-Mart also recently announced plans to spend $500 million completing 35 supercentre projects over the next year.

The U.S. retailer says it will spend more than $376 million to build, expand, relocate or remodel stores, as well as invest additional funds on operational improvements.

For homeowners and prospective homebuyers, this is all good news – and a very good reason to pay attention. Such major retail developments are a significant influence on land development and housing.

When the likes of Target, Walmart, Costco and other major players set up shop, particularly in a new location, it’s a good sign an area could be on the upswing.

Like proximity to mass transit, schools and other amenities, being close to shopping is a major attraction for builders and, of course, prospective homebuyers. These features are among the key determining factors to enjoying your home while you live there, as well as for potential resale value in the future.

Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods.

These companies make careful, long-range and well plannedout decisions in lockstep with municipalities and developers, based on hard data, research and demographic information.

This is why major retail expansion is good news: it’s an indicator the economy continues to strengthen; and, for those looking to buy a home, it’s a sign to look out for new or

Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods.

expanding neighbourhoods and solid buying opportunities.

Such retail developments, combined with the associated employment gains and economic and infrastructure improvements, point to new and expanding homebuying options.

So, while you’re out there looking for your new home, look around for the big box stores. If they see a bright future for your prospective neighborhood, chances are it will make a sound buying decision for you.

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 31

//TARION REPORT

Renovations and repairs can affect your warranty

WORK WITHIN THE RULES TO PRESERVE YOU WARRANTY RIGHTS » by HOWARD BOGACH

HOWARD BOGACH

is President and CEO of Tarion Warranty Corp. His column appears monthly in New Home Guide.

For more information about how Tarion helps new-home buyers, visit tarion.com or find us on Facebook at facebook.com/ TarionWarrantyCorp.

All warranties come with limitations and rules, and your new home’s warranty is no exception. The purpose of the warranty is to provide homeowners with protection against defective workmanship and materials. But if you make significant changes to your home through renovations or repairs, you may be forfeiting your warranty rights.

The scenario usually goes something like this: A homeowner notices an issue with his new home and submits a statutory warranty form. Not wanting to wait the 120-day builder repair period, the homeowner completes the repairs.

However, any alterations, deletions or additions made by the homeowner are excluded from your warranty, and Tarion cannot cover such defects.

In addition to performing their own renovations or repairs, there are a few ways homeowners can forfeit their warranty rights, such as failing to properly maintain their home and not submitting their forms on time. These are the most common ways to jeopardize your warranty rights.

covered – for example, if you install pot lights and the alterations cause issues with the electricity.

WAIT TO MAKE RENOVATIONS

Owning a new home comes with a responsibility to manage and maintain it. By conducting regular and proper maintenance, you will help to ensure that your statutory warranty rights are protected. Your Homeowner Information Package, provided by your builder and available on Tarion’s website, includes a complete home maintenance checklist that can ensure your home stays healthy.

Finally, one of the simplest ways to preserve your warranty rights is to file your statutory forms on time. Register for MyHome by visiting tarion.com. You will receive email alerts with personalized warranty timelines, including key due dates for form submission and inspection requests.

Most homeowners can’t wait to put their mark on their new home by decorating and renovating. Before making any renovations to a new home, read your Agreement of Purchase and Sale.

Builders often include a clause that states you should not finish your basement within the first two years of possession – when you should be watching for foundation cracks or water leaks. If there is water penetration, unless the builder finished the basement, they’re not responsible for the damage.

If renovations damage an item under warranty, the item will no longer be 32 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

JEOPARDIZING YOUR WARRANTY

Health and safety concerns can cause panic in any homeowner.

This can include issues with heating, plumbing, electricity and your water supply. Homeowners often feel they must take matters into their own hands if the situation is urgent.

This could involve calling a plumber or electrician to get an immediate repair. However, you may forfeit your warranty if you hire a contractor to fix a system that is under warranty.

Once the repair is complete, your builder may not be able to assess if the issue was caused by a defect in construction or installation – both warrantable.

Both your builder and Tarion have emergency contact information and procedures in place to handle these situations, and Tarion has technical representatives available.

So, before you attempt to fix the issue yourself, contact your builder’s emergency number and then Tarion. Only if you cannot reach your builder or Tarion should the emergency condition be corrected.

Homeowners should obtain a detailed written report of the problem, and an invoice that sets out the repair methods used by the contractor, as soon as possible after completing the repair. In these cases, limit the repair to the emergency condition and not subsequent damage that may have been caused.

MAINTAIN YOUR HOME

For questions about your new home warranty or how to register for MyHome, contact Tarion at 1-877-9TARION or info@tarion.com

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Home & Condo Guide magazines online using any smartphone, tablet or desktop device.

NEWHOMEANDCONDOGUIDE.COM

//IN THE NEWS

SWO towns top investment spots IN ONTARIO

Towns in Southwestern Ontario dominate the top spots of best places in the province to invest in real estate, according to a new report from the Real Estate Investment Network (REIN). Some of the GTA’s hottest new home and condo communities also made the list, including Brampton, Vaughan, Durham Region and Toronto – but tying for top spot were Kitchener and Cambridge.

The report, entitled Top Ontario Investment Towns 2014, analyzes the current and future prospects for real estate investment opportunities in Ontario, and identifies the top regions that will outperform others in the province over the next five years.

REIN’s findings are based on in-depth research, analysis of the latest statistics, economic and social trends, and on-the-ground reports from REIN’s research staff and members, along with reports and statistics from organizations such as Canada Mortgage and Housing Corp. (CMHC), Statistics Canada, Multiple Listing Service (MLS), Canadian Home Builders’ Association, city and regional real estate boards and local economic development offices.

THE REPORT ANALYZES FACTORS SUCH AS:

» Is the area’s population growing faster than the provincial average? » Are new infrastructures being built to handle that growth? » Is the area creating new jobs and taking steps to maintain current employment levels? » Will the area benefit from an economic or real estate ripple effect? » Has political leadership created an economic growth atmosphere? » Are there major transportation improvements in the works?

Don R. Campbell, president of REIN, states in the report, “Kitchener and Cambridge have once again topped our Top Ontario Investment Towns report. The presence of world-leading companies such as Microsoft and Google attest to the R&D capabilities and significant competitive advantage the region has to offer. Major transportation improvements over the next five years will entice even more businesses to locate within the region as commute times and inner-city congestion are reduced. In-migration is strong, average incomes are strong, the available older housing stock is there and overall job growth continues. The two communities will remain part of the ‘economic Alberta of Ontario’ in the foreseeable future.”

34 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

“ Kitchener and Cambridge have once again topped our Top Ontario Investment Towns report.”

THE TOP ONTARIO COMMUNITIES OF 2014:

01 Kitchener & Cambridge 02 Hamilton 03 Barrie 04 Waterloo 05 Brampton 06 Ottawa 07 Vaughan 08 D urham Region (Whitby, Pickering and Ajax) 09 Toronto 10 Milton 11 Orillia ABOUT REIN

Founded in 1993, The Real Estate Investment Network Ltd. (REIN) has grown over the years to become Canada’s leading real estate research and education organization for investors and homeowners across North America.

REIN does not sell or market real estate to its members or the general public, but instead conducts objective and unbiased research, analysis and investor education.

For further information on REIN, visit reincanada.com

//ET CETERA

style

Serving up

A last word on a hot trend

Fresh and light, this classic tray has an easy to clean surface. Klack Tray. $13.

Visit ikea.ca

» by ELISA KROVBLIT

A great serving tray is the all-important accessory for outdoor entertaining. Match your tray to your outdoor decor for added sophistication.

Tip!

A tray with handles is easier to manage. Stronger materials will be more sturdy, leaving you in control with less of a balancing act. Higher edges keep items from rolling or sliding off. And practice before piling it on!

Showing off its grains, this American walnut tray offers contemporary style. Willoughby Large Tray. $75.

Visit crateandbarrel.com

➺

A pop of bright yellow for some summer fun. Square Hi-Gloss Yellow Tray. $35. Visit cb2.com

Hand woven and rustic, this is a perfect fit for entertaining outdoors. Nito Oval Serving Tray. $95.

Visit williams-sonoma.com

Don’t forget the little extras: Napkin weight, ice bowl, citrus slices, bottle opener, fresh flowers AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 35

homebuyers’help

CALCULATE YOUR MORTGAGE PAYMENTS INTEREST RATE

AMORTIZATION PERIOD

CHART FIGURE

EXAMPLE: 5%

25 YEARS

5.82

MORTGAGE AMOUNT ÷ 1,000 (MORTGAGE AMOUNT $125,000)

125

FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFY FOR A MORTGAGE ON YOUR DREAM HOME

01

05

Calculate the combined monthly before-tax income of you and your spouse.

Multiply this figure by the amount you need to borrow.

Divide by 1,000.

02

06

Divide by three. This figure is the monthly payment you can afford to make on your home.

Add to this your estimated monthly heating costs and monthly property taxes.

03

07

Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

04

Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice.

(Most first-time buyers take the 25-year amortization.)

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less.

Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

36 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

MONTHLY PAYMENT

$

MORTGAGE PAYMENT CALCULATION CHART % INTEREST RATES

AMORTIZATION PERIODS 10 YEARS

15 YEARS

20 YEARS

25 YEARS

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40

6.25%

11.19

8.53

7.26

6.55

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45

9.50%

12.84

10.33

9.20

8.62

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75% 14.59 12.28 11.31 10.85 This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 37

OTTAWA

HOT SHEET ASHCROFT HOMES

CENTRAL PARK • THE NEXT Live where downtown spirit meets community character, your prime location is your pathway to the best of Ottawa, and bountiful greenspace blends naturally. The Next brings it all together – smart condo living at the heart of Central Park. Starting at mid $200’s. Register now for VIP pricing at benext.ca WESTBORO • QWEST A stroll under the arches and along Sisters’ Walk will be enough to convince you of how greenspaces and good design make life beautiful at Q West. The Q West team’s inspired vision both preserves and enhances this landmark property. Just released, second floor terrace suites! Visit our model suite located at the corner of Richmond Rd. and Leighton Terrace in Westboro or call 613.221.5926. liveqwest.com

CAMPANALE HOMES

THE STATION • BARRHAVEN Complete with elevator and underground parking, and 12 unique designs to choose from, you can live in the “Jewel of Barrhaven.”

Campanale Homes presents the centrepiece of its Longfield’s Station project, a four-story luxury condominium with one- and two-bedroom units. Visit the presentation centre, located in the model homes at 420 Via Verona Ave. Phone 613.440.3570 or visit the website for floorplans and more information at campanale.com

DOMICILE

BARRHAVEN • LONGFIELDS STATION • TOWNHOMES • AND MORE

You know you’ve arrived when you’re living in your new home built by Campanale Homes, an award-winning builder with more than 30 years of experience. Condo flats and terrace homes starting from $259,900.

Loaded executive townhomes priced from $330,000. Visit the new model homes and sales centre located at 420 Via Verona Ave. in Barrhaven. Call 613.440.3750 or visit campanale.com OTTAWA SOUTH • PRINCE OF WALES ON THE RIDEAU Located just minutes to downtown via the scenic Colonel By Drive, and an easy bike ride to the scenic Hog’s Back Falls and Vincent Massey Park.

This award-winning community features magnificent executive singlefamily homes, surrounded by more than 50 acres of greenspace and park bordering the Rideau River. Only a few lots remain. Call 613.440.3750 for more information or visit campanale.com ARNPRIOR • CALLAHAN ESTATES Just west of the scenic Madawaska River in old world Arnprior, this stunning location offers the best of both worlds. Enjoy the timeless charms of smaller town living while being a scant 20 minutes from major urban amenities in neighboring Kanata and Ottawa. Starting as low as $221,900.

Visit the sales centre located at 2 Tom Gavinski, Arnprior, open Monday to Thursday 11 a.m. to 7 p.m., Saturday, Sunday and holidays noon to 5 p.m. Call 613.622.0033 or visit campanale.com

CARDEL HOMES

BARRHAVEN • LONGFIELDS • SINGLES • TOWNHOMES Longfields in Barrhaven – Cardel’s Courtyard Towns now available.

Longfields in Barrhaven – Cardel’s affordable patio towns now launched.

Longfields in Barrhaven – Cardel’s Rear lane singles just released. Visit the sales centre at 100 Longfields Dr. or contact nick.karrandjas@cardelhomes.com, 613.290.4703 or cardelhomes.com KANATA • KOL AT BLACKSTONE • CONDOS Great for those starting out or move out, move down clients. Heated underground parking, elevators to all floors, nine-ft. ceilings, appliances all included. Affordable family oriented development of Blackstone has a product for every lifestyle. Visit the sales centre at 104 Westphalian Ave., Kanata (South of Hazeldean on Terry Fox) or contact harley.wallin@cardelhomes.com, 613.836.9521 or cardelhomes.com CARLETON PLACE • STONEWATER BAY New model opening soon. Cardel’s Denali model situated on the banks of the Mississippi River is expected to open in April 2014. Come visit the award-winning community of Stonewater Bay, Carleton Place. Now 95 per cent sold. Don’t miss your opportunity to live in this great community.

Contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com CARLETON PLACE • MILLER’S CROSSING Register for future information. Cardel is developing a new site in Carleton Place called Miller’s Crossing. Visit cardelhomes.com to register for upcoming information or contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com NOTTING HILL SOUTH • ORLEANS • CONDOS Panmount II Condos – New Models Just opened. Immediate occupancy; $5,000 down, underground parking, six appliances, storage, elevator to all floors. Low maintenance and much more. Visit the sales centre at 141 Potts Private Orleans, off Trim Road, south of Innes. Contact nick.karrandjas@cardelhomes.com, 613.424.6780, cardelhomes.com

38 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

RICHARDSON RIDGE KANATA Limited number of new lots just released. Visit this spectacular community and see first hand why you will fall in love with the Ridge! Cardel’s Magnificent models will want to make you take off your shoes and move right in. A limited amount of new lots have just been released. Visit the sales centre at 290 Huntsville Dr., Kanata North on Terry Fox or contact dale.laurie@cardelhomes.com, 613.435.5706 or visit cardelhomes.com RIDGEWOOD ESTATES • STITTSVILLE Two- and three-acre estate lots now available. Buy the lot and build your own home or have Cardel design and build the home of your dreams.

Located west of Stittsville on Fernbank Rd. Lots now available for sales. Contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com TOWNS OF BLACKSTONE • KANATA Just released, newest townhome product. These newly designed towns are meant for those who want space, luxury and distinction. Models are now under construction. Some great early signing bonuses. Visit the sales centre at 104 Westphalian Ave., Kanata (South of Hazeldean on Terry Fox) or contact harley.wallin@cardelhomes.com 613.836.9521, cardelhomes.com

BEECHWOOD VILLAGE • THE KAVANAUGH The Kavanaugh offers village life in the city: quaint but with cachet – and just minutes from Parliament Hill. Famed bistros and bakeries line a streetscape surrounded by greenspaces, bike paths and landmarks.

613.897.7873. thekavanaugh.ca LITTLE ITALY • NUOVO • UNITED BY ORIGINALITY Nuovo is Ottawa’s latest urban condo development brought to you

by Domicile. This Barry Hobin design, situated in the heart of Little Italy, will offer unrivalled options for customization and personalization, allowing you to create a home that is truly yours. 613.728.7873. nuovocondo.ca ORLEANS • BERGERON TERRACE Introducing Bergeron Terrace, set in Chapel Hill. Beautifully designed, quality built and affordably priced one-, two and three-bedroom terrace homes and urban flats. Conveniently located at the corner of Meadowglen and Orleans Blvd., Bergeron Terrace offers you all the best that Domicile has to offer. 613.223.5803. bergeronterrace.ca OTTAWA • HŌM Introducing HŌM, nestled beside Ottawa’s Little Italy and Dow’s Lake.

Everything’s within reach – including the price.

613.728.7873. domicile.ca WELLINGTON WEST • ONE3ONE one3one is at the centre of the urban, tasteful and cultural Wellington West. All units with access to a rooftop terrace, rear courtyard, guest suite, fitness room, yoga room and a party room/entertainment room.

Pre-register online or call 613.728.7873. domicile .ca

LEMAY HOMES

OTTAWA SOUTH • FINDLAY BY THE PARK New community offering singles, bungalows and townhomes. Just a few steps to greenspace, park, recreational arena and soccer fields. Quick access to shops, restaurants and services. Starting from $324,900. Limited time bonus offer. 613.425.5255. lemayhomes.ca

LONGWOOD

KANATA • DEEVY’S HOMESTEAD Moden homes now open! Adult lifestyle attached bungalow townhomes on Equestrian Drive in Kanata. Sales Office on site. deevyshomestead.com or email salesdeevys@longwoodbuilders.com Call 613.435.2155 for more information.

HUNT CLUB • NEIGHBOURHOODS OF HUNT CLUB New adult lifestyle attached bungalow community in Hunt Club. New decorated model home and sales office on site at 105 Dean Martin. neighbourhoodsofhuntclub.com d.greene@longwoodbuilders.com or call 613.738.1349 for information.

CENTRAL OTTAWA • SONIA BY THE RIDEAU New 70 unit condominium building in Central Ottawa. Three new plans just released! Sales office with decorated model suite with unique European Extenzo Ceiling. soniacondos.com E-mail salessonia@longwoodbuilders.com or call 613.421.9736.

OTTAWA SOUTH • MONTAGE Fully Built. 36-unit Condominium building in Ottawa South. Five Model open for viewing. Move in Now only six suites remaining. Located at corner of Clementine and Ohio off bank south of Billings Bridge. montagecondos.ca Call 613.897.0044 or d.greene@longwoodbuilders.com ORLEANS • DORIMA TERRACE HOMES Model homes now open – 50 per cent sold – final phase released. Perfect for the first time buyer or investor. Terrace homes off Innes at 10th line. For more information dorima.ca or 613.424.2901 or d.mcfee@longwoodbuilders.com

BUILDERS: If you would like to include your new model home or site opening, email Nashrun.Kamaludin@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!

OTTAWA / EASTERN ONTARIO / GATINEAU REGIONS

ORLEANS • MONDAVI COURT • TOWNS AND SEMIS Now open – Off Trim Road just north of Innes. 24 Townhomes and semi-detached Towns. Selling from Dorima sales office – Innes at Dorima.

Register mondavicourt.ca or 613.424.2901 or email d.mcfee@longwoodbuilders.com ROCKLAND • MORRIS VILLAGE Best value Single Family Homes and Bungalows. Perfect for growing families. NEW decorated Model Home and Sales Office. For more information longwoodbuilders.com/morrisvillage or 613.446.1506 or salesmorris@longwoodbuilders.com RICHMOND • RICHMOND GATE New! Just opened! Bungalow semis in the town of Richmond.

Sales office on site. longwoodbuilders.com/richmondgate or salesrichmond@longwoodbuilders.com 613.444.0494

PHOENIX HOMES

ALMONTE • WHITE TAIL RIDGE Small town feel with all the amenities of a big city and the largest lots available anywhere. Contact Liane McKinley 613.369.5842.

SPRINGCRESS

WESTBORO • RAVENHILL COMMON Only seven remain available. Freehold towns for fall 2014 occupancy.

Designed by Barry J. Hobin & Associates Architects Inc. Located just two blocks from the heart of Westboro, stunning open concept two- and three-bedroom homes from 1,756 to 1,948 sq. ft. Direct access from underground parking garage, two-storey galleries and open lofts, private rear terrace and roof top decks. Ravenhill Common, Contemporary Brownstones – Churchill Ave. North, one block south of Byron at Ravenhill Presentation Centre located at 329 Richmond Rd. at the corner of Churchill Ave. North. ravenhillcommon.com. Sales information: 613.825.0080 or email salesinfo@ravenhillcommon.com

MASTERCRAFT STARWOOD

WEST CENTRAL • SOHO CHAMPAGNE Mastercraft Starwood’s SoHo Luxury Condominiums is pleased to announce its third Ottawa location: SoHo Champagne – just one block west of Preston St. in Little Italy. Register today to get an invite to our spring sales launch. sohochampagne.com OTTAWA • SOHO LISGAR New release of suites on the 12th to 15th floors. The ultimate hotel-inspired lifestyle in a designer condominium, in the heart of downtown. Call 613.798.7646. soholisgar.com

METRIC HOMES

TAMARACK HOMES

THE GLEBE • MINTO@LANSDOWNE Make your home in one of Ottawa’s premier neighbourhoods – the Glebe. Enjoy the best of modern living in harmony with historic surroundings, with all life’s essentials right at your doorstep. Move in as early as 2014. 613.788.2784. lansdowne.minto.com

UNIFORM URBAN DEVELOPMENTS

MINTO/CANDEREL

WESTBORO • UPPERWEST A 25-storey landmark address in the heart of Westboro – just steps from upscale dining and shopping. Choose from stunning open concept suite designs, with sun drenched rooms and spectacular interior finishes. Enjoy state-of-the-art fitness centre, entertainment lounge plus an expansive outdoor terrace. 613.788.2786. liveupperwest.com NEW EDINBURGH • MINTOBEECHWOOD New Edinburgh is one of Ottawa’s finest neighbourhoods. Where tradition meets modern, old meets new, home to eclectic shops and restaurants.

Spectacular new condominiums coming this September available from the mid $200,000s. Register now for priority preview: mintobeechwood.com

MONARCH CORP. KANATA • BLACKSTONE

LEITRUM • FINDLAY CREEK Grand opening! Five new decorated townhome models in Findlay Creek Village. Call 613.247.0081 or visit tamarackhomes.com ORLEANS • CHAPARAL Grand opening, new gallery townhomes from $279,900 Call 613.837.1511 or visit tamarackhomes.com OTTAWA • CARDINAL CREEK VILLAGE Grand Opening! Cardinal Creek Village. Discover a land rich in heritage and lush with vistas... a rolling landscape of walking trails and rugged ravines. Where the views of distant hills and nearby waterways frame each day, Discover Cardinal Creek Village, Ottawa’s next great community. Singles, bungalow and townhomes. Contact: Noella Francoeur at nfrancoeur@tamarackhomes.com Joy Kerr at jkerr@tamarackhomes.com 613.573.8228. Sales Centre 1123 Old Montreal Rd. Visit tamarackhomes.com OTTAWA • TAMARACK WELLINGTON Grand Opening! Tamarack Wellington. Historic industrial meets artistic modern in the heart of Ottawa’s hippest neighbourhood. Steps from an eclectic mix of galleries, boutiques and eateries, Tamarack Wellington’s design pays homage to the history of Hintonburg, for an industrial loft look that’s crisp, urban and unabashedly modern.

52 units over six floors in first phase. Designed by Barry J. Hobin Architects. Next to the old Grace Hospital. Contact: Anna Paquette at apaquette@tamarackhomes.com 613.422.5925. Sales Centre 1140 Wellington St. W., Ottawa, ON, K1Y 2C5. Visit tamarackhomes.com

CARP • WESTLAKE SOUTH ESTATES Westlake Estates offers 22 estate lots on two to four acres on a private cul-de-sac and most lots are tree-covered.

MUSTANG RD • NAVAN Metric Homes’ last country estate lot in the East: beautiful fully treed and private 1/2 acre lot available to build your unique custom designed single family home. Meet the Metric team and let them design your new home at no charge to you.

STITTSVILLE • DEER RUN Metric introduces the Maplewood 1 model to its Deer Run community lineup. At 3,200 sq. ft. plus open space, this home features a open loft at the second floor, circular staircase and walk in closet in most bedrooms.

Visit the sales office on Rockson Crescent Saturdays and Sundays between noon and 5 p.m. or call 613.296.7000. Deer Run model home now open. metrichomes.com WESTBORO 529 Broadhead Ave. two custom designed semi-detached homes on a 168-ft. deep infill lot. Innovative street friendly and appealing design. Two proposed concepts. The first purchaser will decide which concept will be built and will customize its new home. Priced in the $700,000s.

MINTO

NEPEAN • STONEBRIDGE Ottawa’s award-winning golf course community. Luxurious singles from the mid $400,000s. Executive townhomes from high $200,000s.

Stacked townhomes from the low $200,000s. 610 Kilbirnie Dr., Nepean.

613.692.9280. monarchgroup.net

Executive 46-ft. singles from $441,990. Two-storey townhomes from the high $200,000s. 32-ft. singles with double car garages from the high $300,000s. 110 Westphalian Ave., Kanata, 613.831.2619. Register at monarchgroup.net BARRHAVEN • LONGFIELDS Courtyard townhomes with double car garages from the low $300,000s.

Semi-detached homes with double car garages from the high $300,000s.

280 Longfields Dr., Nepean, 613.569.5313.

BARRHAVEN • THE ORCHARD Grand opening for The Orchard in Barrhaven South, near Stonebridge.

Single-family homes starting from $519,000. 3699 Jockvale Rd. uniformdevelopments.com MANOTICK • MAPLE CREEK ESTATES Stunning estate lot community with a close connection to the city – the best of both worlds. Two model homes open for viewing.

Call 613.491.2277.

KANATA • RICHARDSON RIDGE Single-family homes starting from $497,000. Sales centre located at the corner of Terry Fox Drive and Richardson Side Road. Call 613.853.4302.

KANATA • RICHARDSON RIDGE Three stunning model homes now open. 100 Grand Manan Circle (corner of Hunstville Drive and Grand Manan Circle.) 613.435.7751.

Opern Monday to Thursday noon to 7 p.m., Friday to Sunday noon to 5 p.m., holidays noon to 5 p.m.

BARRHAVEN • THE ORCHARD Stunning new townhome product now available for sale along with a new lot release. 3699 Jockvale Rd. 613.608.8079. Open Monday to Thursday noon to 7 p.m., Friday to Sunday noon to 5 p.m., holidays noon to 5 p.m.

VALECRAFT HOMES

MER BLEUE/ORLÉANS • BRADLEY ESTATES New release of single-family homes and executive townhomes. New to Bradley Estates: nine redesigned models with full-brick fronts and stone skirts. valecraft.com

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 39

ac he d i m

Site Name

Se

Builder Name

De t

Location

Bu ng To alo w w nh Ad om ul e/ t C Li on fe d st o yl e

ADVERTISERS INDEX

Prices

Page

WEST Almonte

PHOENIX

White tail Ridge

x x

From $353,900

16

Arnprior

CAMPANALE

Callahan

x x

Inquire

17

Arnprior

CAMPANALE

Riverwood Estates

x x x x

Inquire

17

Carleton Place

CARDEL

Stonewater Bay

Inquire

19

Carp

METRIC

Westlake South Estate

x

Inquire

20

Kanata

CARDEL

Blackstone

Inquire

19

Kanata

CARDEL

Richardson Ridge

Inquire

19

Kanata

GLENVIEW

Monahan Landing

x x

From $280's

18

Kanata

MATTAMY

Fairwinds

x x

From $224,990

6, 7

Kanata

MATTAMY

Monahan Landing x

From $224,990

6, 7

Kanata

MINTO

Arcadia

x

Kanata

MONARCH

Blackstone

x

Inquire

4, 5

Kanata

TAMARACK

Pool Creek Village

x x

Inquire

BC

Kanata

UNIFORM DEVELOPMENTS

Richardson Ridge

Inquire

8, 9

Kanata

UNIFORM DEVELOPMENTS

The Orchard

$497,000.00

8, 9

Kanata

VALECRAFT

Trailwest x

Stittsville

CARDEL

Deer Run

Stittsville Westboro

x

x

From mid $200's

10, 11

From $302,400

22

x

Inquire

19

METRIC

Arbourbrook Estates x

Inquire

18

SPRINGCRESS

Ravenhill Common x

From $699,900

23

SOUTH Barhaven

CLARIDGE HOMES

West Pointe Village

x x x

Barrhaven

CARDEL

Longfields x

Barrhaven

MATTAMY

Half Moon Bay

Barrhaven

MONARCH

Barrhaven

13

Inquire

19

$219,990.00

6, 7

Longfields x x

From $329,990

4, 5

PHOENIX

Felton court x

From high $290,000s

21

Barrhaven

TAMARACK

The Meadows

Inquire

BC

Barrhaven

VALECRAFT

Woodroffe Lofts x

From $258,900

22

Leitrim

TAMARACK

Findlay Creek

x x

Inquire

BC

Manotick

MINTO

Mahogany

x

Inquire

3

Nepean

MONARCH

Stonebridge

x x

Inquire

4, 5

Nepean

MONARCH

The Links x

Low $200's

4, 5

Richmond

METRIC

King's Grant

South Ottawa

CAMPANALE

South Ottawa

CAMPANALE

40 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

x x

From $281,900

x x x x

x x x

Inquire

20

Longfields x

Inquire

17

Prince of Wales on the Rideau x

Inquire

17

ac he d i m

Site Name

Se

Builder Name

De t

Location

Bu ng To alo w w nh Ad om ul e/ t C Li on fe d st o yl e

ADVERTISERS INDEX

Prices

Page

CENTRAL Central

ASHCROFT

The Next x

Inquire

Central

VALECRAFT

Aviation Private x

From $299,900

IBC 22

EAST Cumberland METRIC

Camelot Estates

x

Inquire 20

East Orleans TAMARACK

Cardinal Creek Village

x x x x

From $322,900 BC

Embrun VALECRAFT

Place st Thomas

x

From $303,900 22

Navan CLARIDGE

Spring Valley Trails

x x x

From $276,900 13

Orleans METRIC

Notting Hill

x x

Inquire 20

Orleans MINTO

Avalon x

Inquire IFC

Orleans TAMARACK Chaperal

x x x x x

Inquire BC

Orleans VALECRAFT

x x

From $301,900 22

Bradley Estates

CONDO Central

CLARIDGE HOMES

Icon x

Inquire

C11

Central

DOMICILE

Nuovo x

Inquire

C13

Central

DOMICILE

The Kavanaugh x

Inquire

C21

Central

SOHO PARKWAY

Soho Champagne x

Inquire

C4

Central

SOHO PARKWAY

Soho Lisgar x

Inquire

C23

Central

THEBERGE HOMES

Alta Vista Ridge x

Inquire

C14

Downtown

URBAN CAPITAL

Hideaway x

From $219,900

C9

Kanata

CARDEL

Kol At Blackstone x

Inquire

C2

Orleans

CARDEL

Notting Hill x

Inquire

C2

Orleans

DOMICILE

Bergeron x

Inquire

C12

Ottawa Central

MINTO

Landsdowne x

Inquire

C17

Ottawa Central

RICHCRAFT

The Galleria x

Inquire

C15

Ottawa Central

URBAN CAPITAL

Smarthome x

From $179,900

C28

Ottawa West

MINTO

Upper West x

Inquire

C16

South Ottawa

THEBERGE HOMES

Hunt Club x

Inquire

C27

West Ottawa

QUALICUM

Woods Crossing x

Inquire

C5

West Ottawa

WESTBORO POINT DEVELOPMENT

The Azure x

From $280,000

C3

AUG 9 - 23, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 41

Please see advertisers ads for Site locations

42 NEW HOME & CONDO GUIDE EASTERN ONTARIO | AUG 9 - 23, 2014

7

Darling

17

Almonte

WEST

15

North Gower

Richmond

SOUTH

29

416

Manotick

16

Vernon

Russell

Embrun

Iroquois

Morrisburg

31

EAST

Rockland

Morewood

Cardinal

Osgoode

Greely

Kemptville

Nepean

Smith Falls Merrickville

7

Vanier

Cumberland

Orleans

CENTRAL Gloucester

OTTAWA

Hull

Aylmer

Gatineau

Stittsville Barrhaven

Kanata

Carp

South Elmsley

Carleton Place

Bathurst

McNab

Arnprior

GATINEAU

QUEBEC

417

Casselman

KEY MAP Stittsville, Carlton Place, West Carlton, Nepean, Kanata, Richmond, Riverside South, Barrhaven, North Gower, Greely, Kemptville, Morewood, Orleans, Embrun, Russell, Rockland, Aylmer, Hull, Gatineau.

401

PURCHASE TODAY AT 2013 RATES. THIS OPPORTUNITY WILL NOT LAST LONG.

You want to live where downtown spirit meets community character.

Where your prime location is your pathway to the best of Ottawa.

Where bountiful green space blends naturally into your day.

Where smart design shapes the experience outside and in. Where everything just clicks.

SMART CONDO LIVING AT THE HEART OF CENTRAL PARK ON MERIVALE. STARTING AT MID $200s.

QWest READY for Occupancy this Fall.

Purchase today at 2013 prices.

Jump the Q to savings!

RICHMOND & I S L A N D PA R K

Purchase a suite at 111 Richmond Road with only a $1,000.00 deposit.

Visit the Presentation Centre today for details.

LiveQWest.com Discover

West and

the excitement.

This revolutionary community is set to redefine living space in Ottawa. the beauty: brilliantly well-planned spaces, sleek finishes, beautiful views. the inspiration: art, culture and some of the city’s best shopping, restaurants and cafés right at your doorstep. Q the luxury: innovative features and services built in to a seamless residential experience.

At Q West in Westboro, it all comes together to create an entirely new, vibrant lifestyle. You’ve never seen anything like it, and it’s how you want to live now.

the new you.

ashcroft-homes.com benext.ca

613-221-5913

SALES CENTRE: 300 Central Park Drive

LiveQWest.com 613-221-5926 SALES CENTRE: 101 Richmond Road Monday–Thursday noon–6, Saturday & Sunday noon–5, Closed Fridays

taste of

HINTONBURG Tantalizing tastes, arousing aromas and tempting treats!

It's the Taste of Hintonburg and it's drawing foodies from all over. Make yourself at home at Tamarack Wellington and they're all but a short stroll away.

Tour our fabulous Model Suite and we'll reward you with a $25 gift card for a Taste Of Hintonburg. Hurry, this offer is for a limited time only, and only one gift card per family. See sales representative for details.

FREE!

52 URBAN SUITES IN THE HEART OF HINTONBURG FROM $271,900

www.tamarackwellington.com 1140 Wellington West