Eastern Ontario New Home & Condo Guide - 23 Feb., 2013

Eastern Ontario Edition

Feb 23 - Mar 9 2013 Volume 13 Issue 04

Your Best Source for New Homes and Condos

Exceptional Homes

in Two Beautiful Communities

inside this issue

TODAY’S WOMAN IN REAL ESTATE

TAX MATTERS: TIPS FOR RRSP CONTRIBUTIONS

New models opening February 23rd in Barrhaven and Navan

MORTGAGES: SEPARATING FACT FROM FICTION

606 Birchland Cres. (off Westridge Dr. between Abbott St. & Fernbank Rd.) Stittsville 613 831 3711

Only 3 lOts left!

Bungalows, main floor master homes and two-storey homes priced from $488,900. Beautiful 46’– 50’ wide lots are the last ones available in town!

ere, you can enjoy classic craftsmanship in modern design

yOur fInAl OppOrtunIty In stIttsvIlle.

IMMeDIAte OCCupAnCy HOMes AvAIlABle WItH sIGnInG BOnus.

This model home is for sale.

w w w.holitzner.com ViSit A holitzneR SAleS CentRe & touR ouR moDel home toDAy! Mon. to Thurs.: noon to 7pm • Fri., Sat., Sun. & Holidays: noon to 5pm otheR holitzneR CommunitieS

neW HOMes COMInG sOOn!

Build your perfect home in the elegantly historic community of Carleton Place.

Picturesque properties in this small town outside ottawa are one-of-a-kind and border the mississippi River.

139 Charlie’s Lane, Carp • 613 839 6675

lAst CHAnCe tO OWn!

immediate occupancy available with signing bonus. two-storey homes and bungalows from $514,900.

All feature walkout basements facing a beautiful pond.

139 Charlie’s Lane, Carp • 613 839 6675

ENERGY STAR® standard in all Holitzner homes.

The ENERGY STAR® mark is administered and promoted in Canada by Natural Resources Canada.

3

ALWAYS HOME. EXPERIENCE COMMUNITY

LIKE NEVER BEFORE MONARCHGROUP.NET

PLUS Chef’s Kitchen with quartz countertops, extended upper cabinetry, pots and pan drawers and more PLUS Air conditioning****

CELEBRATE 95 YEARS WITH MONARCH.

Eagleson Rd.

PLUS Hardwood flooring on Main level***

Dr.

For a limited time receive $10,000 Design Studio Dollars*

t.

• Single-family homes ranging from 1,826 to 3,606 sq. ft. from $439,990

EXPERIENCE CENTRE Westphalian Ave.

Terr y Fox

• Superior features and finishes include 9' ceilings, gourmet kitchen, spa-inspired ensuites, stunning exteriors and much more

Hwy. 417

Hazeldean Rd.

Stittsville M ain S

A master planned community of distinction offers the finest selection in features and finishes.

Huntmar Dr.

NEW RELEASE NOW AVAILABLE.

Fernbank Rd.

N

EXPERIENCE CENTRE 110 Westphalian Ave., Kanata 613.831.2619 ALSO AVAILABLE Two-storey Townhomes from 1,621** to 2,402**sq. ft. priced from the high $200,000’s

MODEL HOMES TO VIEW Follow us on:

twitter @monarch_group

Like us on:

facebook/monarchcorp

MONARCHGROUP.NET 4

Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specified by Vendor. Some restrictions may apply. Extras to be chosen at Monarch’s Home Design Studio. **Includes Finished space in Lower Level. *** Hardwood on the Main Level is in lieu of Carpeted area and main floor bedrooms. Hardwood flooring is as specified by Vendor as per the Vendor’s standard samples. ****Size of air conditioner to be determined by heat calculation study. Restrictions may apply. Please see Sales Representative for full details. E.& O.E. February 2013. 20299.

MONARCH COMMUNITIES. MONARCH, CANADA’S OLDEST AND MOST EXPERIENCED BUILDER.

NEPEAN STACKED TOWNHOMES from the $190,000’s

THE LINKS · MODEL HOME

DISCOVER GOLF COURSE LIVING.

EXPERIENCE CENTRE: 610 Kilbirnie Dr., Nepean 613.692.9284

NEPEAN EXECUTIVE SINGLES from the mid $400,000’s EXECUTIVE TOWNHOMES from the mid $200,000’s THE EVERGREEN · ELEV. B

LIVE ON THE GREEN.

EXPERIENCE CENTRE: 610 Kilbirnie Dr., Nepean 613.692.9284

KANATA EXECUTIVE TOWNHOMES from the high $200,000’s

OTTAWA’S LEADING SMART COMMUNITY. THE ALLIANCE · ELEV. A

VISIT US AT OUR NEW EXPERIENCE CENTRE TODAY EXPERIENCE CENTRE: 110 Westphalian Ave., Ottawa 613.831.2619

KANATA TWO-STOREY TOWNHOMES from the high $200,000’s OLD WORLD CHARM. NEW WORLD LUXURY. BLACKSTONE · MODEL HOME

EXECUTIVE 46' SINGLES from $439,990 EXPERIENCE CENTRE: 110 Westphalian Ave., Ottawa 613.831.2619

HOURS: Mon. – Thurs. 1pm – 8 pm, Fri.,Weekends & Holidays 12pm – 5pm

DESIGNER DECORATED MODEL HOMES TO VIEW AT ALL COMMUNITIES. 5

mattamyhomes.com

Introducing Homes With Special Savings!

Cash Savings And Included Upgrades Available Right Now. In all Mattamy communities across Ottawa, you’ll find special cash savings and impressive home upgrades on many of our early move in homes. So not only will you have a truly affordable home with many upgrades that make it special, you also get to enjoy your home sooner rather than later.

Visit mattamyhomes.com or any of our Sales Centres to find your new home.

6

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

BARRHAVEN

KANATA

KANATA

Townhomes From $219,990 · Detached Homes From $309,990

Townhomes From $219,990 · Detached Homes From $306,990

Townhomes From $219,990 · Detached Homes From $346,990

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Sales Office

Monahan Landing Sales Centre: 4845 Hope Side Road, Kanata, 613.271.0636

Fairwinds Sales Centre: 1776 Maple Grove Road, Kanata, 613.831.9369

Lot 56 – Single Car Garage, The Ridgemont ‘B’, 1,770 Sq.Ft., 3 Bedroom, Was $341,990 Now $329,990 Includes: $10,000 In Design Upgrades, 9' Ceilings On Main Floor, Rec. Room Ready, Bath Oasis, Hardwood Floors On Main & Granite Countertops In Kitchen.

Move-In May 27, 2014

Lot 48 – Double Car Garage, The Oakriver Corner ‘A’, 2,097 Sq.Ft., 3 Bedroom, Was $409,990 Now $397,990 Includes: 9' Ceilings On Main Floor, Rec. Room Ready, Bath Oasis, Hardwood Floors In Living/Dining Room, Granite Countertops In Kitchen & Air Conditioning.

Move In July 4, 2013

Elev. ‘A’ End

Lot 216-5 – Village Home, The Thornbury End ‘A’, 1,391 Sq.Ft., 2 Bedroom, Was $256,990 Now $246,990 Includes: $5,000 In Design Upgrades, 3 Appliances, Granite Countertops In Kitchen,Ceramic Tile In Lieu Of Vinyl Throughout & Hardwood Floors On Main.

Move In March 27, 2014

Sales Centre Hours: Monday to Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm

7

Room to grow.

Built for real life.

CARDELHOMES.COM

8 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

Uniform Urban Developments is proud to present Richardson Ridge in Kanata, our newest single-family development. Designed by Barry Hobin, this collection of unique and elegant homes is just minutes from the Kanata Centrum shopping complex, golf, schools, Scotiabank Place and the 417. Sales Centre now open.

STUNNING NEW LOTS!

homes starting from $497,000

613.853.4302 | uniformdevelopments.com 9

contents

Feb 23 - Mar 9, 2013

||

volume 13 issue 04

cover story

p.20

CLARIDGE HOMES Exceptional homes and communities – by design

C06

34

vice-president, Wall2wall media

Jacqueline Hill

Sales Manager, Eastern Ontario

Paul Bimm

editor-in-chief, national real estate

Susan Legge art director

Daiana Garay editor

Wayne Karl contributing editors

Janine Druery, Sara Duck, Elisa Krovblit, Lydia McNutt (on leave)

regular features Condo Insert | C01-C28

sales co-ordinator, eastern Ontario

Spotlight on Condos: Your

guide to new condo communities in the Gatineau and Greater Ottawa Area

Nash Kamaludin

national account manager, mediative

Paul Slizys

Manager of production

C22 home smarts

Taking the reins: today’s woman in real estate

by Marnie Bennett

C24 in the news

30 on the move

Technology on the move

by Dan Hopkins

by Wayne Karl

12 editor’s note 28 gohba report

graphic designer

Viosa Barileva

34 the mortgage minute

Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

Separating fact from fiction for firsttime homebuyers

1 Raymond St., Ste. 300 Ottawa, Ontario K1R 1A2 Phone: 613.729.1221

by Peter Kinch

36 hot sheet

Two pages of community previews and openings

by John W. Herbert

community focus features Daly Square

Dennis Ng

Published by

Canadians relying on RRSPs for retirement but not necessarily contributing

2013 Official Plan review process

C06 phoenix developments Extraordinary living begins at

Production Co-ordinator

33 tax matters

Ontario home builders ready to work with Premier Wynne

C26 Fundamentally speaking Watch the changing retail landscape to see if your neighbourhood is on the rise

Bala Gnanapandithan

20

claridge homes

Exceptional homes and communities – by design

Published Saturdays, 2013 Publishing Schedule: Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1 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 2013: 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.

Final Phase

UndEr consTrUcTion

a smar t investment

Tarion award of ExcEllEncE finalisT

Executive towns

Semi-detached homes

from the high

613.592.2425

Loblaws $ 200’s

monarchgroup.net

613.435.5400

valecraft.com

from the high

$ 200’s

RD HM ON

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Visit our website for hours.

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$ 300’s

SALES CENTRES & MODEL HOMES Cope Dr. off Eagleson Rd., Kanata

SON RD

ROBERT

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EAGLESON RD

O RY F

TER E DR

COP K RD

from the low

6 beautiful model homes available for viewing

417

MICHAEL COWPLAND DR

613.831.6255

tartanhomes.com

Executive towns

E. & O. E. Specifications and prices subject to change without notice.

Trailwest.ca

e d i t o r ’s n o t e

Taking advantage while you can Use low interest rates to your benefit

T

he Bank of Canada’s latest 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 are likely lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a preapproval 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 approval on a home when you put in an offer. This is an especially good tool to have in markets that are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place.

So, when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be much movement until early 2014. The Bank will make its next scheduled rate announcement on March 6. Don’t wait until then to get pre-approved for a mortgage. It can take a few days. Many lenders now offer online pre-approvals to make the process faster and easier.

Susan Legge Editor-in-chief Wall2Wall Media, Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

Know your builder – and warranty

New-home buyers in Ontario should take comfort in knowing every home is backed by Tarion

I

magine buying a new car, TV or other big-ticket item without first inquiring about the manufacturer’s warranty. You wouldn’t dream of it, would you? But when it comes to buying a new home, many consumers are not always as diligent.

Perhaps it’s a matter of some people being so excited about buying a new home that they’re more interested in choosing finishes than reading the fine print of a sales agreement or warranty. Or maybe they assume all builders are created equal, and that certain things are covered, when in fact they may not be. Or it might be a lack of awareness of just how new-home warranties work in Ontario.

Welcome to Tarion Warranty Corp. – a non-profit, private company designed to protect the rights of new-home buyers and to regulate new-home builders. With four main responsibilities – homeowner education, warranty enforcement, builder licensing, and identifying and prosecuting illegal building – it is, unfortunately, a necessary but extremely valuable body. It is also one you should get to know.

That’s why, beginning next issue, we’re going to run regular content on Tarion, to help educate readers on what the organization does and how it can help.

Just like for cars or electronic devices, all manufacturers and products are not created equal. Learning about your new-home builder and warranty is a crucial part of the homebuying process.

Wayne Karl Editor Wall2Wall Media, wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

12 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

Feb 23 - mar 9, 2013 | New home & Condo guide eastern Ontario 13

EXPLORE THE POSSIBILITIES! Actual Photo of One Bedroom Model Suite with European Extenzo®Ceiling

SPECIAL - Free Extenzo® Ceiling in next ten units sold.

Details at Sales Centre. McArthur Avenue west of Vanier Parkway.

Live Outside the Box. One and two bedroom condominums starting from $249,900 www.SoniaCondos.com 613. 421.9736 l.rivington@longwoodbuilders.com

16

For over a quarter century Longwood has been building some of the most successful family and adult lifestyle communities in the Ottawa Region.

New home designs are carefully planned and drawn to meet the needs of all lifestyles, from singles buying their first home to professional couples looking to downsize from a large home.

Quality is not just a word at Longwood, it’s a way of thinking.

Longwood has learned not just to appreciate the difference quality makes, but to insist upon it.

M O N TA G E

of Hunt Club NEIGHBOURHOODS

MONTAGE Condominiums Off Bank south of Billings Bridge 613.897.0044 d.greene@longwoodbuilders.com montagecondos.ca Move in this Spring!

NEIGHBOURHOODS of Hunt Club Adult Lifestyle Bungalows 613.738.1349 d.greene@longwoodbuilders.com longwoodbuilders.com/huntclub Under construction.

DEEVY’S HOMESTEAD in Kanata Adult Lifestyle Bungalows 613.435.2155 c.gervais@longwoodbuilders.com deevyshomestead.com Pre - construction pricing. Act now!

MORRIS VILLAGE in Rockland Single Homes / Bungalows 613.446.1506 c.brown@longwoodbuilders.com longwoodbuilders.com/morrisvillage Best value for growing families.

DORIMA Terrace Homes Tenth Line at Innes in Orleans 613.424.2901 d.mcfee@longwoodbuilders.com dorima.ca Priced for First Time Buyers!

Quarter Century Builder

www. longwoodbuilders.com

EXCLUSIVE COLLECTION OF 8 EXECUTIVE TOWNHOMES BY THE CANAL! eQ Homes is delighted to offer you this opportunity to be among the very first to purchase Canal East, an exclusive collection of 8 executive townhomes designed by Ottawa’s award-winning Barry J. Hobin & Associates Architects Inc. On a choice, professionally landscaped site, these modern 3-bedroom residences feature expansive floor-to-ceiling windows, open concept kitchens/great rooms, living areas with private balconies, and master bedrooms with rooftop terraces.

Each features 2.5 bathrooms, parking (single car garage), and easy access to Highway 417, shopping, dining and the best of downtown.

From

$

655,000

Be among the First to Purchase these Luxury Townhomes.

For a Private Appointment Call or Visit:

canaleast.ca • 613-697-2990 Prices and specifications are subject to change without notice. E. & O.E. Rendering is artist’s concept.

coverstory

Exceptional homes and communities

– by design

location Ottawa housing type Singles, bungalows, townhomes sales centre West Pointe Village 118 Maravista Dr. | 613.823.6767 Monday to Wednesday 1 to 8 p.m.

Thursday and Friday closed Saturday, Sunday and holidays noon to 5 p.m.

Spring Valley Trails 422 Dovehaven St. | 613.841.0560 Monday to Wednesday 1 to 8 p.m.

Thursday and Friday closed Saturday, Sunday and holidays noon to 5 p.m.

W

ith so many options, Ottawa’s housing market can be difficult to navigate. Ultimately, the home you choose should be tailored to suit your lifestyle – not the other way around.

At Claridge, we’ve been working diligently to implement a company-wide design methodology that touches every aspect of what we do. We’re proud of our distinctive approach to home building in which designs are inspired by the most important part of our company: you.

Now, as we transition into the next generation, Claridge Homes is excited to integrate this client-based approach to design that has redefined the way we do business. Welcome to the new generation of Claridge Homes where everything we do is by design.

Our new model homes in West Pointe Village and Spring Valley Trails are the latest additions to Claridge Homes’ repertoire, and they illuminate our cutting-edge approach to design. But don’t take our word for it – come experience our beautiful models yourself, opening Feb. 23. Visit claridgehomes.com for more information.

In the meantime, here’s a sneak-peak into our two newest developments, homes that will not just suit, but also complement your lifestyle.

20 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

Claridge Homes Multi-site

WEST POINTE VILLAGE: SINGLES, BUNGALOWS, TOWNHOMES Combining the natural beauty of a rural setting and quick access to a variety of amenities, West Pointe Village is the perfect blend of rustic and modern living. Featuring 36- and 44-ft. single-detached homes, as well as townhomes and bungalows, this charming community is just a short jaunt from the shopping centres in Barrhaven. Designed to fit your lifestyle, all of our Claridge Homes are highly customizable.

West Pointe Village not only showcases the fine craftsmanship and attention to detail upon which Claridge Homes has built its reputation, it also incorporates our new approach to client-centered design. These carefully crafted homes incorporate various new features as part of their base price, including nine-ft. ceilings on the main floor, .75-in. granite kitchen countertops (in singles) and ceramic flooring, to name a few.

Come experience exceptional living, by design.

SPRING VALLEY TRAILS: SINGLES, BUNGALOWS, TOWNHOMES Amidst the landscapes of the Mer Bleue conservation area in the picturesque village of Navan, Spring Valley Trails’ new model homes are among our newest developments offering exceptional living, by design. Nestled between sprawling parkland and countless walking trails, this quiet community feels more like a retreat than a mere stone’s throw from Orleans.

As with West Pointe Village, this unique community showcases the latest and greatest that the Ottawa home market has to offer.

Our distinguished homes and interior finishings are customizable to suit your taste and complement your lifestyle. High in quality and value, these homes feature our updated floorplans and new detailing all as part of the package.

If the fresh air and nature in this community don’t take your breath away, we’re confident that our stunning homes will.

We’re proud to showcase our gorgeous model homes in both communities on Feb. 23.

Come envision exceptional living with Claridge Homes in West Pointe Village and Spring Valley Trails!

Welcome to the new generation of Claridge Homes where everything we do is by design.

feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario 21

22 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

spotlight on condos

Eastern Edition Feb 23 - Mar 9, 2013

Extraordinary living at

Daly Square

by Phoenix Developments

Your Pull-Out Guide to highrise, conversion, loft, terrace & townhome condo projects

C2

spotlight on condos

JUST LIKE YOUR LIFE NOW. BUT WITH A CONCIERGE. And a fitness centre.

And an executive boardroom.

And an electric car charging station.

AND A WHOLE LOT MORE. Who says you have to downsize when you move to a condo?

Learn more about our amenities and the luxury lifestyle you could be living at Cathedral Hill.

Visit our sales centre at 440 Sparks St.

CATHEDRALHILL.CA | 613.566.7010

Step out of the current and into The Eddy — six storeys of green, urban condos that set new standards for architecture, design and smart, healthy living.

Visit our sales centre at 1000 Wellington St. W.

THEEDDY.CA | 613.701.0600

spotlight on condos

WE’RE LOWERING THE SKYLINE. AND RAISING THE BAR.

C3

C4

spotlight on condos

spotlight on condos

C5

spotlight on condos C6

Extraordinary living begins at

Daly Square D

aly Square is more than 80 per cent sold and only has eight suites remaining.

Daly Square is where you’ll experience irresistible design, rich details and living spaces that are both fashionable and unique.

The Daly Square lifestyle is unquestionably urban and active. Situated in the heart of historic Sandy Hill in downtown Ottawa, Daly Square puts your well-being, your convenience and your social life front and centre in its plan. You’re just minutes away from the vibrant Byward Market, Rideau Centre, Rideau and Elgin St., and steps to the entertainment district with its bistros, gourmet restaurants, pubs and nightclubs. The university campus is close by, making Daly Square an ideal home for professors, or a great investment for students heading to school in Ottawa.

For the quiet moments of your day, you can enjoy the natural beauty of Strathcona Park, or take an active approach and jog, walk or bike along the trails of the Rideau River or the Rideau Canal.

Phoenix Developments designed Daly Square as a boutique condo with only 47 suites (only eight suites remaining). The first two levels are reminiscent of brownstone townhomes with walk-up entrances, while the suites on the remaining three floors have interior hallway access with elevator service. Prices start from $322,900, and parking is included in the price of select suites. Why rent when you can own?

The exterior has been architecturally designed to embrace the historical appeal of this neighbourhood, with an all-brick façade reminiscent of the 18th-century architecture prevalent in Sandy Hill. From the outside in, Daly Square defines the way

Phoenix Developments Daly Square

Daly Square is the perfect place to work and play, and to avoid the expense of a car with public transportation found at every turn. you live with upscale finishes and fixtures like gourmet kitchens with exotic granite countertops, stainless steel appliances, gleaming hardwood floors, imported ceramic flooring plus spa-like bathrooms.

Remaining suites range from 739 to 750 sq. ft. Each floorplan places form and function first, with a choice of one-bedroom plus den and two-bedroom suites. Each suite has been designed with flexibility in mind – dens are large enough to be considered a bedroom, perfect for student accommodations or ideal for a working professional or young couple.

The side courtyard offers a tranquil sanctuary – a Zen-like garden in the centre of the urban core where residents can retreat for some quiet time. For the outdoor enthusiast who wants to be on top of the world, hit the rooftop terrace to lounge in the sun or entertain friends in the outdoor kitchen. You’ll find a barbecue for your use in the side courtyard and on the rooftop.

Daly Square is the perfect place to work and play, and to avoid the expense of a car with public transportation found at every turn. Underground parking is available for specific suites, but with this central location, who needs to drive? Better yet, take advantage of the Vrtucar service, so there’s always a car when you need it. Bicycles will also be available to all the residents of Daly Square.

A vibrant lifestyle awaits for you at Daly Square, ready for occupancy this fall. Call Bennett Property Shop Realty 613.233.8606 or visit bennettpros.com for more details.

Location Ottawa housing type Condos from 739 to 750 sq. ft.

Priced from $322,900 Occupancy: Fall 2013 sales office 190 Lisgar Street contact 613.233.8606 | bennettpros.com

feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario C7

You’ve never seen anything like it, and it’s how you want to live now.

Visit LiveQWest.com today to learn how.

This is your Q.

spotlight on condos

Furnished suites from low $240s.

C8

ONE-bedroom Junior Suites from $323,150

Your Home Near The Hill

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.

ashcroft-homes.com LiveQWest.com benext.ca 613.221.5926 613.221.5913

rehotelandresidences.com 613.221.5926

now releasing

t he pr i me s ui tes AT THE SLATER

SCAN TO LEARN MORE

presentation centre and fully furnished model suite now open at 199 slater, just east of bank don’t miss your opportunity from $198,900

CONDOMINIUM&HOTEL

SOPHISTICATED LIVING FROM $198,900 — THESLATER.CA 613.230.0199 Presentation Centre at 199 Slater Street (between bank and o’connor) Mon & Tues 12-6pm • Wed & Thurs 11-7pm • Friday 12-6pm • Saturday 12-5pm BROCCOlini construction • richard chmiel architect & associates • bennett property shop realty • ii by iv interiors RENDERINGs are AN ARTIST’S IMPRESSION. PRICES, SIZES AND SPECIFICATIONS ARE SUBJECt TO CHANGE WITHOUT NOTICE. E.&O.E.

spotlight on condos

MORE THAN AN ADDRESS

C9

C10

spotlight on condos

urbancapital.ca

HIGH DESIGN URBAN LIVING

NOW SELLING HIDEAWAY hideawayatcentral.ca

PRESENTATION GALLERY AT 455 BANK ST., UNIT #2 AT McLEOD 613.789.5475 MON-WED 12-6 PM | THURS 3-8 PM | SAT 12-5 PM | SUN 1-5 PM

spotlight on condos

NOW SELLING CENTRAL 1 + 2 central2.com

C11

spotlight on condos

IT’S ALL HERE

C12

A new way of living is coming to Ottawa. Picture an active, authentic neighbourhood experience, right in the middle of a renowned landmark. You’re surrounded by excitement. You’re steps from the best restaurants and cafés. There’s something to do everywhere you go, and something to see wherever you look. With a collection of condominium suites and spectacular views, you’ve got a new place to call home.

Condos still available starting at $301,900

Learn more at lansdowne.minto.com Sales Centre: 5th Avenue Court 831 Bank Street 613 788 2784

A landmark move.

Welcome home to a true landmark – UpperWest. 25 storeys of stunning architecture by Wallman Architects.

Lifetime views overlooking the Ottawa River Parkway.

Steps from Westboro’s upscale dining and shopping.

One of a kind. Once in a lifetime.

One and two bedroom suites available from $240,000 to over $700,000.

liveupperwest.com New model suite coming this spring.

Register today.

O

tt

a aw

r ve Ri

Parkway

UPPERWEST Richmond Rd. Churchill Ave.

Roosevelt Ave.

Broadview Ave.

Sales Centre Hours: Monday to Thursday 11:00AM – 7:00PM A joint development with:

Friday, Weekends & Holidays 11:00AM – 5:00PM

All areas and stated dimensions are approximate; sizes and specifications are subject to change without notice. All illustrations are artist’s concepts only and not to scale. E. & O. E.

spotlight on condos

SALES CENTRE

C13

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28th Floor Parkdale Club Terrace

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homesmarts

Taking the reins: Today’s woman in real estate

by Marnie Bennett

I love introducing women to the world of real estate.

Since I began my career, the opportunity has been arising more and more often. The fact is, more single women are buying homes today than ever before.

This can be chalked up to several factors. Many younger women are choosing to focus on their careers rather than getting married and starting families in their twenties. Such financially independent women see no reason to postpone home ownership. On the other side of the coin, it’s the unfortunate truth that approximately 50 per cent of marriages lead to divorce, leaving many women to house hunt solo for the first time. Finally, women live seven to ten years longer than men on average, which translates to a significant number of widows finding themselves in the market for a smaller home.

This adds up to a lot of women who are faced with making crucial financial decisions about matters such as mortgages, insurance and investments, for the first time in their lives. Having been raised by a single mother, this is an issue that’s close to my heart. I watched my mom struggle financially and long ago decided that, married or not, I would take control of my personal finances; for me, real estate investment was key. I strongly believe that engaging with the real estate market can be an excellent way to leverage your current funds.

Many people give their savings over to financial advisors, acquiring paper assets; but such investments give them little control over their own finances.

Property investment, on the other hand, gives the owner complete control: real estate can be leveraged, improved or rented out as you see fit.

Interestingly, 15 per cent more single women are buying homes as compared with single men. This may be connected with a nesting instinct, with a heightened desire for security, or with a preference for investing in something tangible as opposed to paper assets. Whatever the explanation, it’s a trend I’m C22 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

Marnie Bennett is the marketing consultant 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

happy to see. When women overcome their initial apprehensions about investing, they tend to do very well; in fact, studies have shown that allwomen investment clubs regularly out-perform all-men investment clubs by as much as 20 per cent.

The reason for this? I believe that, just as women are more willing than men to ask for directions, they’re not afraid to ask questions when it comes to learning something new. They’ll listen to professionals and weigh in all the factors, whereas men are more likely to want to do things their way.

Women are also often more moderate risk-takers; having succeeded, they’ll take their money and move on to the next endeavour. Applied to real estate investment, these traits stand women in good stead.

Unlike some career ventures, I believe there is no glass ceiling in the world of real estate investment.

Given the motivation and the proper know-how, there’s nothing holding women back from finding significant financial success through property ownership.

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

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inthenews

“Together we worked to update the Ontario Building Code and explore opportunities to improve Ontario’s land-use planning system.”

Ontario home builders ready to work with

Premier Wynne The Ontario Home Builders’

Association (OHBA) congratulates Kathleen Wynne on her election as the new leader of the Ontario Liberal Party and Ontario’s 25th Premier of Ontario.

“OHBA has a long and productive history with Premier Wynne,” says Joe Vaccaro, COO of OHBA. “Premier Wynne, in her various roles as Minister, has always found time to meet with OHBA and discuss issues of mutual concern. We welcome Premier Wynne’s plan to govern and believe that in order to build a stronger Ontario we must have a healthy economy and a stable government. We look forward to continued communication and dialogue with the Premier.”

OHBA’s past president, Doug Tarry, and current president, Leith Moore, were among the first among industry leaders to meet with the premier following her apC24 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

pointment as the Minister of Municipal Affairs and Housing.

It was slightly more than a year ago that Premier Wynne served as the keynote speaker at OHBA’s 2012 Annual Industry Leaders’ Dinner, addressing more than 300 industry leaders as the Minister of Municipal Affairs and Housing.

“Together we worked to update the Ontario Building Code and explore opportunities to improve Ontario’s land-use planning system,” says Vaccaro, adding, “OHBA is ready and eager to work on these and other issues including the College of Trades and fighting the underground economy.”

OHBA will continue working with the Premier to build a stronger economy, improve infrastructure across the province and deliver necessary transit across Ontario while focusing on improve housing affordability and choice.

The Ontario Home Builders’ Association is the voice of the residential construction industry in Ontario representing 4,000 member companies organized into 30 local associations across the province. The industry contributes more than $42 billion to Ontario’s economy, employing more than 325,000 people across the province.

BRAD J. LAMB

LIVE RENOWNED MEGA BROKER, REAL ESTATE DEVELOPER, REAL ESTATE INVESTOR Real estate sales of over $7 billion and over 20,000 properties sold $1.3 Billion of condominiums developed in Toronto, Ottawa, Montreal, and Calgary Canada’s most quoted real estate expert

“Toronto’s undisputed condo king”

Star of the reality TV show “Big City Broker”

– Macleans Jan 2008

FREE CONDOMINIUM INVESTMENT WORKSHOP LEARN HOW TO BECOME A MULTI-MILLIONAIRE THROUGH BRAD J. LAMB’S P.O.W.E.R. INVESTING Saturday April 6, 1-4 pm at Confederation Ballroom I

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Brad Lamb is a force to be reckoned with in the condo world. — Toronto Star, April, 2012 Toronto real estate mogul — CBC News, March, 2012

Known in this city as the King of Condos — 24 Hours Toronto, 2009 The real estate super salesman who personified the condominium boom in downtown Toronto over the past decade — The Globe and Mail, Report on Business, Feb, 2009

Brad Lamb: the condo king — The Grid TO, August, 2011 Toronto’s undisputed condo king — Macleans, Jan 2008 His name has become synonymous with condominiums — National Post, March, 2010

Toronto’s biggest condo broker — Financial Post, May, 2008

Toronto’s biggest champion of condo living

The city’s most prominent real estate agent

— Canadian Business Magazine, April 2008

— The Globe and Mail, May, 2008

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TO BOOK YOUR SEAT: ryan@torontocondos.com or call 416.368.5262

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fundamentallyspeaking

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

Watch the changing retail landscape to see if your neighbourhood may be on the upswing

by Wayne Karl MARCH 2013 IS JUST AROUND THE CORNER, AND with

that comes the first of Target Corp.’s approximately 125 store openings in Canada. The U.S. retail giant announced in 2011 it is moving north with its $1.8-billion acquisition of up to 200 Zellers store leases.

Most of the initial openings are to come from renovating previous Zellers locations, requiring an investment of $1 billion and creating thousands of new jobs. But, importantly, Target does not rule out “greenfield” expansion – building completely new stores from the ground up to its own specifications.

For home ow ner s a nd prospective homebuyers, this is all Large retailers a very good reason to pay attention, as experts say it will change and commercial Canada’s retail landscape forever. ventures don’t just Such major retail developments pop up in the are also a significant influence on middle of nowhere land development and housing.

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

C26 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

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. T hey 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 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.

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23

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gohbareport

2013 Official Plan review process

by John W. Herbert Most residents of Ottawa are fortunate in never having to become involved with Official Plans, because they can be extremely complex and open to a range of interpretations. For anyone interested in urban growth, however, an intimate knowledge of the Official Plan is compulsory. Every city in Ontario must update its Official Plan under the Provincial Planning Act every five years in order to ensure that it remains current and keeps government, industry and residents all working together towards common objectives.

An Official Plan is the highest level road map for growth that a city requires, and must be synchronized with a Comprehensive Zoning Bylaw in order to facilitate orderly development. The Official Plan needs to be conceptual in nature in order to facilitate creativity and unique solutions that recognize special circumstances.

Conversely, a Zoning Bylaw needs to be more prescriptive in order to define how an Official Plan can be implemented.

Some Official Plans are game changers in that they chart a completely new direction for urban growth, while others are simple course corrections. Ottawa’s 2003 Official Plan implemented an “intensification” strategy that attempted to direct future grow into the city centre and limit suburban growth. The 2008 Official Plan continued with the intensification theme, but the negative impact on housing choice and affordability had become so great that industry felt it had no choice but to appeal the matter to the Ontario Municipal Board, and fortunately for new buyers, ended up winning a major victory.

The suburban land shortage created by Ottawa’s intensification strategy has dramatically driven up the cost of housing and caused a high number of what would otherwise be Ottawa taxpayers to seek opportunities and more affordably priced housing in smaller outlying communities. This results in a double negative for Ottawa in that it causes a significant increase in the number of commuters who must use Ottawa’s roadway network more extensively than ever before, but they pay the development charge on their new home to another jurisdiction so that it is not available to Ottawa to construct and maintain roadways. This increase in commuting traffic also contributes to environmental problems, particularly during peak hours when vehicles are backed up and idling on the Queensway.

The 2013 Official Plan policy objectives are rather thoughtful and in many ways represent a unique approach in proposing some solutions to past problems, while openly raising the issue of affordability when it comes to making various choices related to future growth. Where past documents ignored the economic impact of proposed strategies, this Official Plan puts the issue front and centre. Some purists might suggest that an Official Plan should not concern itself with such mundane issues as cost, but we believe that most tax payers would feel otherwise.

This Official Plan challenges us to make decisions based on what we believe the future holds when it comes to issues such as transportation. The City openly states that it intends to spend less money on roadway maintenance and new construction and more on various means of mass transit. Some believe this is the 28 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

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

right direction, while others believe it is naive and that the automobile will always be with us and pretending otherwise will create massive future inefficiencies that will put Ottawa at a serious competitive disadvantage.

On one hand, the documents suggest that our transportation infrastructure needs to be utilized more efficiently in the future, but then goes on to state that more dedicated bicycle lanes will be built.

Following the 2003 Official Plan, the Greater Ottawa Home Builders’ Association began asking for a Comprehensive Zoning Bylaw in order to implement it. This never happened, and the disconnect that has existed ever since has caused increasing conflict between builders who have no clear idea about where highrise structures will be approved and residents who are increasingly upset with the manner in which intensification is transforming their neighbourhoods. Depending upon how it is implemented, the City’s announcement that the 2013 Official Plan process will include the development of a Comprehensive Zoning Bylaw to implement it is good news for builders and residents alike.

Councillor Peter Hume has been the driving force behind this approach to the Official Plan review, and he should be congratulated for the innovative direction taken to date. Residents who are interested in some of the higher level urban growth issues dealt with in this review should take a few minutes to review the preliminary proposals and complete a survey that is available at ottawa.ca/liveableottawa

29

onthemove

TECHNOLOGY

on the move by dan hopkins

Dan Hopkins is COO at Two Men and a Truck – Canada. Visit twomen.ca

chaotic on moving day to be trying to find any instruction manuals. The best plan when preparing for your move is to take the TVs off the walls yourself ahead of time and have them ready to be packaged properly.

Here’s a tip for anyone disassembling electronics for a move. Get your digital or phone camera and take photos of the wiring connections on the backs of the TVs, cable boxes, DVD players and the like.

When it comes time to reassemble them, it will be much easier to reference how they were set up originally, saving time, stress and frustration.

The same goes for stereos and gaming systems. Many teenagers leave their entire gaming systems hooked up until moving Let’s face it – your electronic devices make the world day. It’s up to them to disassemble their go round, and in the moving business, we realize how important those systems and hopefully place them into the items are to families. packing they arrived in. If not, the best One of the most common questions we get is… how to transport thing to do is wrap consoles in anti-static electronics safely, especially big-screen TVs. bubble w rap and place them into During a move, whether it’s across town or across Canada, it is appropriately sized boxes so they won’t important to give these items special treatment so they arrive in one move around during the trip. In fact, this piece and in good working order. The best is the best way to treat advice we have for accomplishing this goal most electronics items.

The best advice we have requires some forethought: to keep the That includes for accomplishing this goal original boxes and foam spacers the electronic computers – especially requires some forethought: desktop units. We have items came in. That is truly the safest method for moving them. specialty boxes to keep the original boxes Of course, people rarely keep these boxes, designed specifically and foam spacers the so at Two Men and a Truck Canada, we have for them that can be electronic items came in. That bought specialty boxes and crates designed specifically separately. If is truly the safest method to move big-screen TVs safely. People who do you choose not to go for moving them. their own packing and moving should be aware that route, then of how easy it is to damage one of these units. surround the unit with Spending a few dollars extra to purchase or rent one of these special boxes anti-static bubble wrap, and again, place can make all the difference. They can accommodate any size TV, so there it into an appropriate sized box. is a solution for every unit.

And here’s a handy tip: pack the Another thing to remember is that most of these television sets are associated hardware with it. Place the mounted on wall brackets – and moving companies are reluctant to mouse, keyboard, power cord, scanner and disassemble the wall mounts or assemble them at the other end. Usually, printer cables, all into the same box. When if something is going to go wrong, that’s when it will happen – and again, these cartons arrive at your new digs, you’ll people rarely keep the installation instructions for the brackets. It’s far too be very glad you did!

30 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

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32 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

taxmatters

Canadians relying on RRSPs for retirement but not necessarily contributing: Scotiabank Poll

With the RRSP contribution deadline just weeks away,

Scotiabank’s annual Investment Poll found that two-thirds of Canadians who plan to retire say their RRSPs will be their source of retirement funding (65 per cent), yet half of Canadians say they do not plan to contribute to their RRSPs this tax season (49 per cent).

“We want to encourage as many Canadians as possible to consider contributing to an RRSP and take advantage of this important investment opportunity as part of their overall financial plan,” says Mike Henry, senior vice-president, retail payment, deposits and lending, Scotiabank.

“It is a bit worrying that people might be relying on investments that they have yet to make. Even making small contributions every month or year can really help your plans down the line.”

In addition to their RRSPs, top sources of retirement funding for Canadians include their savings (60 per cent), the government (57 per cent), work pension (52 per cent) and selling their home (22 per cent).

Two-thirds of those who expect to retire say they are concerned about not having enough money to support their retirement (68 per cent).

Four in 10 of those who expect to retire in the future (41 per cent) think they will need less than $300,000 for their ideal retirement. Over the past five years, Canadians say they have saved an average of $24,469 (this is down from the $31,824 they reported saving over a five year period in 2011).

The study also found that four-in-10 Canadians who are currently saving for retirement (44 per cent) have been doing so for the past one to 10 years. As well, more people are setting aside less than $200 each month (43 per cent versus 34 per cent in 2011).

“As I like to tell my pre-retirement clients, there is no one dollar amount that you’ll need for your retirement as every person’s idea of retirement is unique,” says Bev Moir, senior wealth advisor, retirement planning at

ScotiaMcLeod. “The key is to start investing early, invest regularly and stay invested. Having a financial plan in place to help you map out what you can do throughout the year is a simple way to stay on track and look forward to making that all-important RRSP contribution worryfree. From automatic contributions to your RRSPs to choosing financial products that help you save as you spend, a financial advisor can help you develop a plan to suit your lifestyle.”

Additional findings from the study found that while many Canadians say they are optimistic about the future of the Canadian economy (46 per cent), a growing number of Canadians who have yet to retire say they have pushed back their planned retirement age because of the state of the economy (33 per cent versus 27 per cent in 2011).

The majority of those planning to hold off on retiring say they have pushed their retirement back by five to nine years (58 per cent). A smaller group of Canadians say they plan to push it back by 10 or more years (27 per cent).

Feb 23 - mar 9, 2013 | New home & Condo guide eastern Ontario 33

themortgageminute

Mortgage smarts separating fact from fiction for first-time buyers by peter kinch If you’re a first-time homebuyer,

you’re hearing a lot of talk in the real estate market these days. Will prices go up? Will the market crash?

Will I ever be able to afford a house?

How will the new mortgage rule changes affect me? How will I ever pay off this debt?

It’s easy to get caught up in all the noise, but harder to separate the fact from the fiction. As I edge closer to celebrating my first half century on this planet, I find myself using the phrase “If I knew then…” more and Time is your ally. more – which got me thinking about the Time can turn wave of firstany bad real estate next time homebuyers, decision into a and what pearls of good one. wisdom I could bestow on them.

34 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

I had an interesting conversation with a colleague the other day regarding property values in Vancouver. He relayed me a story of a friend who had bought a house on the west side of Vancouver in the mid 1990s and it is now worth more than four times the amount he paid. In terms of equity, it was the equivalent of winning the lottery. We pondered the question, what will people be saying 20 to 25 years from now? Is it quite possible that a young 25-yearold couple today might look back in the year 2033 and say “If only we had bought that house back in 2013? Why didn’t we? Oh yeah, there were new mortgage rules and a lot of global uncertainty….”

Here are a few things that I’ve learned about real estate 1 Real estate has peaks and valleys, but there has never been a future peak that is lower than the past one. Just give it time.

2 Time is your ally. Time can turn any bad real estate decision into a good one.

3 Equity is your safety net. It can supplement a pension and give you financial options in later years.

4 Your mortgage is a forced savings program.

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

housing market. Again, this is to the advantage of firsttime buyers because it will help to bring house prices back within your range.

So let’s assume that 20 to 25 years from now, you’ll be looking back and saying to yourself one of two things ›› I’m sure glad I bought that first house, or ›› I wish I had just bought something back in 2013 A lot of people are in this situation today and paralyzed by all the noise around them. And in the absence of facts or perspective, fear will take over. So what are the factors that are influencing your decisions today?

Global uncertainty There is no doubt that we live in an age of global uncertainty and face the threat of financial chaos in Europe and a pending credit crisis in the U.S. However, this is not the first time our world has faced these challenges, and it won’t be the last. The key factor to look at is what you can control in your world. Ask yourself about your own employment options – your own employment future. The key to creating long-term wealth in real estate through equity is your ability to afford your monthly mortgage payments and making them consistently over a long period of time – regardless of what is happening on the other side of the world. If you do so, one day you’ll wake up and realize two things: 1 Your mortgage is paid off, and 2 Your house is worth more than the day you bought it – regardless of what happened during the years in between.

New mortgage rules Yes, there are new mortgage rules that have been implemented over the past Your mortgage is paid few years, but in some respects, this could be to your advantage. Many off, and your house is So if you’re a first-time homebuyer in first-time homebuyers are unaware here’s my advice to you: create worth more than the 2013, that you can still buy a home with as a budget that you can afford and be day you bought it – little as five per cent down. The main comfortable with. Buy a home that regardless of what rule change that impacts your ability does not put a strain on your budget. to afford a home is that you can no happened during the Focus on taking baby steps and don’t longer access a 30-year amortization. get overwhelmed by the big picture. years in between.

Your payments will now be determined Make the monthly payments into that based on you paying off that mortgage forced savings program called a over a maximum 25-year period. Although this does make mortgage, and then let time be your friend and real estate your payments a little higher in the beginning, it increases will do what it has done for many generations before – the amount of equity you build with each payment eventually go up as your mortgage goes down – and that (remember your forced savings plan). is what we call “creating equity.”

In addition, the rule changes imposed by the government And then maybe, just maybe, as you’re about to have had the exact effect they were hoping to accomplish, celebrate your first half century on this planet, you‘ll look which was to slow what was becoming an overheated back and say, “I’m glad I got started in 2013.”

feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario 35

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Ottawa Eastern Ontario Gatineau Regions

ashcroft Homes Central Park • the next You want to live where downtown spirit meets community character.

Where your prime location is your pathway to the best of Ottawa. Where bountiful greenspace blends naturally into your day. Where smart design shapes the experience outside and in. Where everything just clicks. The Next brings it all together – brilliantly. 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. It’s a marvel of community planning and building design, highlighted by inviting courtyards and communal spaces, and a grand centrepiece in Abbey Court, the upscale dining, shopping and leisure destination. 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 CARDEL HOMES KoL CONDO • Blackstone New condos coming soon in Blackstone! We’re excited to bring a sleek collection of modern condos to, Kanata’s newest master-planned community, Blackstone. Featuring top-quality finishes in a contemporary building, KoL at Blackstone will offer the best of low-maintenance living. Register today to receive updates on this exciting new community. cardelhomes.com LONGFIELDS • Barrhaven New community coming soon In Barrhaven! Featuring new home design surrounded by greenspace with quick access to shops, services, recreation and schools. Register today to receive updates on this exciting new community, coming soon. cardelhomes.com Cartier wellington Gatineau • Cartier wellington A striking new landmark exterior composed of metal, glass and masonry built to rigid LEED ecological standards, contemporary architecture offers you energy efficient, ecological and innovative 14-storey modern structure. Huge windows engineered for thermal efficiency give abundant natural light in every living space. Already 50 per cent sold. Preconstruction pricing still in effect! cartierwellington.ca Construction Chabitat Gatineau • Les Vieux Moulins Our splendid condos, condoclimat, designed for you by professionals.

Come visit the sample unit at 14 - #2, des Alluchons Gatineau St., Gatineau (Aylmer Sector). chabitat.com DOMICILE 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

Ottawa • HŌm Introducing HŌm, nestled beside Ottawa’s Little Italy and Dow’s Lake. Everything’s within reach – including the price. 613-728-7873. hombydomicile.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. one3one.ca EQ Homes Carp • Village Walk Offering bungalow townhomes and bungalow semis. eqhomes.com Ottawa • Canal East Coming soon – 10 executive townhomes, by the Rideau by EQ Homes.

Designed by Barry Hobin. Located on the corner of Greenfield and Montclam. canaleast.ca KEmptville • eQuinelle & The Legends at eQuinelle Offering: Single-family detached bungalows and condo apartments.

A new adult-lifestyle bungalow townhome model is now open in the master-planned golf-course community of eQuinelle, 15 minutes south of Barrhaven. eqhomes.com

Kanata • Fernbank Crossing Site location, 5611 Fernbank Rd. Sales trailer location, corner of Tillsonburg and Terry Fox Dr. Opening soon – Fernbank Crossing: an exciting new master-planned community with parks and open greenspace within easy walking distance of shopping. Discover an array of detached bungalows on 42- and 50-ft. lots, as well a limited release of semis.

Contact: sales@fernbankcrossing.com eqhomes.com 36 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

Kanata • Foxwood Offering condo apartments. eqhomes.com Holitzner Homes CARP • HIDDEN LAKE Offering the only large lot development in the West End, this private enclave features award-winning single-family homes, bungalows and twostorey homes built on spacious fully serviced sites surrounded by natural landscaped settings. Greenspace lots are also available with lake views. holitzner.com

High street in Carleton Place • Highgate Two storey homes and bungalows on 50 and 60 foot lots. We offer pie shaped lots in a quite cul de sac and some lots backing onto greenspace.

The lots are from 110’ to 175’ deep. We have increased the width and depth of the garages to accommodate a SUV. All the homes are Energy Star Qualified, hardwood living and dining room, ceramic vestibule, all bathrooms, kitchen, eating area, and laundry room. All plywood exterior sheeting and floors and roof. Discover the best location in Carleton Place. Starting in the low $ 400’s. www.holitzner.com, sales office located at 139 Charlie’s Lane in Carp. 613-839-6675 or highgate@ holitzner.com.

Stittsville • Deer Run Final Phase now open – your last opportunity in Stittsville. Your choice of bungalows, main floor master homes and large two-storey homes on beautiful 46- to 50-ft. pie-shaped or wide lots backing onto greenspace.

LA Group EAST OTTAWA • UPPER EAST SIDE Final block under construction, only 12 executive stacked towns remain.

Prime parkside location still available. June 2012 occupancies.

Call 613-747-8863. uppereastside.ca

Kemptville • Kemptville Meadows Discover higher value at a lower price! Stacked townhomes from 1,138 sq. ft. from only $219,500. Due to overwhelming demand, Phase 3 is now also under construction! Ask about our ZERO Down Payment Program and Limited Time Bonus Offer! Come tour our Model Home.

206 Fir Lane, Kemptville. 613-366-2007. kemptvillemeadows.ca Lamb Developments OTTAWA • Gotham Coming soon to centretown. gothamottawa.com Larco homes Barrhaven • Longfields Innovative semi-detached and single-family homes in Barrhaven – models now open – watch for ads! larcohomes.com

Central • huntclub • Solera Inventory Sale - Save Thousands. larcohomes.com OTTAWA • Accolade Larco presents Accolade, 23 Upscale Townhomes in Craig Henry form $385,000 Model homes now open! larcohomes.com Les Placements Riviere Gatineau Ottawa • the viu Ultra modern condominium opening. theviu.ca Linden Developments Distillery Warehouse • Authentic Lofts Warehouse inspired lofts, with industrial kitchens, brick walls and pioneering design to celebrate Ottawa’s industrial past with prices from the mid $200’s. Register now at distillerywarehouse.com to receive updates and an invitation to the VIP event. Downtown goes Southside!

Call 613-793-5500.

LONGWOOD Deevy’s Homestead Opening Soon • Kanata Adult Lifestyle Attached Bungalow Towns Equestrian Drive in Kanata.

Pre-register now. deevyshomestead.com or call 613-738-1349 for appointment.

HUNT CLUB • NEIGHBOURHOODS OF HUNT CLUB We have a new adult lifestyle attached bungalow community coming up in Hunt Club. Coming soon: Adult lifestyle attached bungalows – for priority pre-pegister at: neighbourhoodsofhuntclub.com or call 613-738-1349 for appointment.

ottawa • Sonia by the rideau New 70 Unit Condo in Ottawa East. e-mail d.greene@longwoodbuilders.com OTTAWA SOUTH • MONTAGE 36-unit condo building in Ottawa South. Sales centre now open and located at corner of Clementine and Ohio. Call 613-897-0044 or d.greene@longwoodbuilders.com

ottawa

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!

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. Experience all the fine restaurants and boutique shopping that Little Italy has to offer and pamper yourself with a hotelinspired SoHo Luxury condo. 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 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.

stittsville • deer run Metric is pleased to introduce one of our five new models the Maplewood 1 modified to our Deer Run community line up. Opening soon. At 3,200 sq. ft. plus open space, this home features a open loft at the second floor, circular staircase, walk in closet in most bedrooms, open to below area, laundry mudroom on main floor. The large kitchen, family room is able to entertain large groups of family or friends. Please visit us at 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 • Qwest 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 Landsdowne • Minto A new world of possibilities is opening at the heart of Ottawa.

Centrally located between the Rideau Canal and the beautiful Glebe neighbourhood, Minto@lansdowne is an urban oasis at the heart of a bustling city. An exciting collection of high-rise suites and townhomes on sale this fall. Register today for our exclusive preview at: lansdowne.minto.com Minto/Canderel Westboro • UpperWest This 25-storey distinctive new residence offers stunning condos with the best views in Westboro. Located on the Ottawa River Parkway, UpperWest boasts dramatic, expansive views of greenery, water, the Ottawa skyline and miles of unobstructed scenery. Condo suites and townhomes on sale this fall – register now for an exclusive preview at: liveupperwest.com MONARCH CORP KANATA • BLACKSTONE Executive 46-ft. singles from $439,990. Two-storey townhomes from the high $200,000s. monarchgroup.net

KANATA • Trailwest Executive townhomes from the high $200,000s. monarchgroup.net

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

Stacked townhomes from the low $200,000s. Call: 613-692-9284 monarchgroup.net 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 settlers’ grant KEMPTVILLE • PHASE 6 Estate lots fully treed with mature maples, birch, spruce, pine and Tamarack Custom built homes starting at $430,000 and premium lots priced for an additional $5,000 to $40,000. admin@settlersgrant.com settlersgrant.ca SPRINGCRESS WESTBORO • RAVENHILL COMMON 19 Freehold Towns, designed by Barry J. Hobin & Associates Architects Inc., a striking harmony of heritage & contemporary design. Located just 2 blocks from the heart of Westboro, stunning open concept 2 & 3 bedroom homes from 1360 to 1930 sq. ft. feature as direct access from underground parking garage, 2 storey galleries & open lofts, private rear terrace & roof top decks. Get it all, lock and leave lifestyle, steps from all your favourite Westboro shops and restaurants Ravenhill Common, Contemporary Brownstones - 450 Churchill Ave. North, one block south of Byron at Ravenhill Sales Centre and Model now open, entrance from 461 Edison Ave. corner of Ravenhill Prices from $599,400. ravenhillcommon.com Sales info: (613) 825-0080 salesinfo@ravenhillcommon.com

hot sheet

TALOS HOMES ARNPRIOR • RIVER RIDGE Single-family homes – Visit our sales centre located at 979 Shefford Rd., Ottawa. Saturday and Sundays from noon to 5 p.m. or anytime by appointment. 613-270-0777. taloshomes.com

Beacon Hill • EUPHORIA TOWNS Freehold townhomes – Visit our sales centre located at 979 Shefford Rd., Ottawa. Saturday and Sundays from noon to 5 p.m. or anytime by appointment. 613-270-0777. taloshomes.com

Carleton Place • HighGate Coming soon - Single family homes, both bungalow and 2 storeys will be offered on 50’ and 60’ lots. Talos will be keeping some of their popular models and introducing some new models to their line up. Call 613-270-0777 or visit www.taloshomes.com to register for more info.

Richmond • Richmond Gate Coming soon - Single family homes, both bungalow and 2 storeys will be offered. Talos will be keeping some of their popular models and introducing some new models to their line up. Call 613-270-0777 or visit www.taloshomes.com to register for more info.

Tamarack Homes Leitrum • Findlay Creek Grand opening! Five new decorated townhome models in Findlay Creek Village. Call 613-247-0081 or visit tamarackhomes.com The slater Broccolini • The Slater • Condominium Amenities: Fitness centre, lounge and dining room, terrace with hot tub and outdoor kitchen, theatre and games room. Interior suite features: kitchen islands are standard, five-ft. glass walk-in shower, stainless steel appliance package, hardwood throughout, quartz counters, nine-ft. ceilings, suites still remaining with views of the Ottawa River. Suites range from studio to two-storey penthouses with private terrace. Starting at $190s. 199 Slater St. Ottawa.

613-230-0199 theslater.ca Uniform Urban Developments 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. urbandale construction Kemptville • Equinelle New 44-ft. lots now released on the golf course. View our two model homes. urbandale.com

Kanata Lake Visit our modern elevations model homes called the Horizon Collection.

Singles and townhome models available for viewing. 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 WINDMILL DEVELOPMENTS OTTAWA • CATHEDRAL HILL CONDOMINIUMS Ottawa’s newest, most innovative condominiums are located on Sparks Street, west of Bay. With stunning views of the Ottawa River, Gatineau Park and Parliament Hill, these urban condominiums (targeting LEED Gold minimum) combine the vibrancy and convenience of downtown living with the calmness and serenity of a green oasis. For more information and to register, visit cathedralhill.ca or call 613-566-7010.

Hintonburg • The Eddy Step out of the current and into The Eddy – six storeys of green, urban condos built for life in Hintonburg. Featuring a shared rooftop social space, this is the hippest address in Ottawa’s hippest neighbourhood.

The Eddy – by Windmill Development Group, Canada’s greenest developer. Pre-register now at theeddy.ca

feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario 37

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.

38 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

monthly payment

$

Mortgage payment calculation chart %

Amortization Periods

Interest Rates

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 feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario 39

Builder Name

Site Name

Prices

De t

Location

ac Se hed m Bu i ng al To wn ow ho Ad me/ C ul t L o nd ife o sty le

advertisers index

Page

WEST Carp

Holitzner

Hidden Lake

x Inquire

2

Kanata

Cardel

Blackstone

x Inquire

8

Kanata

Mattamy

Fairwinds

x

x

From $224,990

6, 7

Kanata

Mattamy

Monahan Landing

x

From $222,990

6, 7

Kanata

Monarch

Blackstone

Kanata

Monarch

Trailwest

Kanata

Phoenix

Fernbank Crossing

Kanata

Tartan

Trailwest

Kanata

Uniform Developments

Richardson Ridge

Kanata

Valecraft

Trailwest

Stittsville

Cardel

Deer Run

x Inquire x

x x

x x

4, 5

From high $200's

11

From $380,900

29

From low $300's

11

$497,000 From high $200's

x Inquire

9 11 8

Central Craig Henry

Larco

Accolade

x

From $369,000

Downtown

Eq Homes

Canal East

x Inquire

18

Westboro

Springcress

Ravenhill Common

x

25

From $599,400

3

SOUTH Barhaven

Claridge Homes

West Pointe Village

x

x

x Inquire

14, 15

Barrhaven

Campanale

Longfields

x Inquire

13

Barrhaven

Holitzner

Fraser Fields

x Inquire

2

Barrhaven

Larco

Longfields

x

3

Barrhaven

Mattamy

Half Moon Bay

x

Barrhaven

Tamarack

The Meadows

x Inquire

Findlay Creek

Claridge Homes

Sundance

x

Hunt Club

Claridge Homes

Huntclub Flats

Hunt Club

Larco

Solera

Hunt Club

Longwood

Huntclub Bungalows

Kemptville

Settlers' Grant

Leitrim

x Inquire x

x

$219,990

6, 7 BC

x Inquire

14, 15

x Inquire

14, 15

x

From mid $600,000

3

x Inquire

19

Settlers' Grant

x Inquire

26

Tamarack

Findlay Creek

x

x Inquire

BC

Nepean

Monarch

Stonebridge

x

x Inquire

4, 5

Nepean

Monarch

The Links

x

4, 5

Richmond

Metric

King's Grant

x

Riverside South

Claridge Homes

Summerhill Village

x

24

x Inquire

14, 15

x Inquire

BC

x Inquire

31

x

Findlay Creek

South Ottawa

Prince of Wales on the Rideau

40 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

x

Low $200's

x Inquire

South East Ottawa Tamarack Campanale

x

Builder Name

Site Name

Prices

De t

Location

ac Se hed m Bu i ng al To wn ow ho Ad me/ C ul t L o nd ife o sty le

advertisers index

Page

EAST Central

Valecraft

Aviation Private

x Inquire

19

Cumberland

Metric

Camelot Estates

x Inquire

24

Navan

Claridge Homes

Spring Valley Trails

x

x

x Inquire

14, 15

Orleans

Claridge Homes

Royal Ridge

x Inquire

14, 15

Orleans

Mattamy

Summerside

x

Orleans

Metric

Notting Hill

x

Orleans

Phoenix

Hillside Vista

Orleans

Tamarack

Chaperal

x

x

x

From $272,990

6, 7

x Inquire

24

x Inquire

23

x

BC

x

x Inquire

CONDO Aylmer

Construction Katasa

Chateau Cartier

x Inquire

C2

Central

Ashcroft

Qwest/HotelRe/The Next

x Inquire

C8

Central

Claridge Homes

Multiple Sites

x Inquire

C14, C15

Central

Domicile

The Kavanaugh

x

From $271,800

C17

Central

Gateway Homes

On Coronation

x

From mid $200’s

C10

Central

Minto

Lansdowne

x

From $301,900

C12

Central

Soho Parkway

Soho Champagne

x Inquire

C18

Central

Soho Parkway

Soho Lisgar

x Inquire

C27

Downtown

Broccolini Construction

The Slater

x

From $198,900

C9

Downtown

Lamb Developments

Soba

x

From $179,900

C19

Downtown

Richcraft

The Edge

x

From $232,000

C20

Downtown

Richcraft

The Galleria

x

From $276,000

C21

Downtown

Urban Capital

Central 2/Hideaway

x Inquire

C11

Downtown

Windmill Developments

Catherdral Hill

x Inquire

C3

East Ottawa

L.A. Group

Upper East Side

x Inquire

C23

Hintonburg

Windmill Developments

The Eddy

x Inquire

C3

Ottawa Central

Urbandale Corporation

99 Parkdale

x Inquire

C16

Ottawa West

Minto

Upper West

x Inquire

C13

Ottawa West

Phoenix

Pointe West

x

From $221,600

C28

West Ottawa

Qualicum

Woods Crossing

x

From $169,900

C4

feb 23 - Mar 9, 2013 | New home & Condo guide eastern Ontario 41

Please see advertisers ads for Site locations

42 New home & Condo guide eastern Ontario | Feb 23 - Mar 9, 2013

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

Phase Two Coming Soon

Where town meets country

Nestled between Orleans and Blackburn Hamlet, minutes south of the Blackburn Hamlet bi-pass. Eastboro offers a perfect blend of country comfort and style with city amenities nearby.

Surrounded by fertile farmlands and miles of country roads, this self-contained family oriented community features bountiful parks, a school, and a romantic promenade, all brilliantly integrated to create the perfect urban-rural balance.

Get the home of your dreams, in a picturesque rural setting, with all the conveniences of city living nearby.

Sales Center located at

earLY occUpancY event Move Quick and get up to $15,000 in a Design Centre Bonus!

Limited time only, see sales representative for details.

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ORlEANs 613-837-1511

BARRHAVEN 613-6 92-0 5 00

l E itR i m 613-247-00 81