Eastern Ontario New Home & Condo Guide - Jan 24, 2015

Jan 24 - Feb 7, 2015 Volume 15 Issue 02

Eastern Ontario Edition

INSIDE THIS ISSUE

THE BENEFITS OF AN INCOME PROPERTY

RESTORING BALANCE TO CITY PLANNING

OTTAWA MARKET POISED FOR GROWTH

THIS PLACE FEELS RIGHT

At Minto, we understand the importance of family traditions. We’ve been helping Ottawa families create homes for more than 60 years.

Quinn’s Pointe is Minto’s newest community in Barrhaven - Ottawa’s fastest-growing area. Conveniently located near shopping and mature neighbourhoods, but minutes away from scenic countryside, Quinn’s Pointe is a place that just feels right.

The point is – This is made for you.

GRAND OPENING SPRING 2015 Register now for exclusive offers and lot selections

MintoQuinnsPointe.com

Monarch’s Make Your Move Event!

GET MOVING WITH INCREDIBLE INCENTIVES ON ALL OUR READY SOON HOMES

MOVE IN BY SPRING AND SAVE THOUSANDS AT EVERY COMMUNITY NEPEAN | Finale at Stonebridge | Awarded GOHBA’s 2014 Community of the Year Singles from the upper $400,000’s Sales Centre 610 Kilbirnie Drive (Kilbirnie Drive & Dundonald Drive) 613-692-9284

KANATA | Blackstone | New Galloway Model Home 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 | Only $5,000** Down on Select Homes 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 HOURS: Monday – Thursday: 1pm – 8pm, Friday, Weekends & Holidays: 12pm – 5pm

discover more

MonarchGroup.net

first.

Other promotional offers do not apply with this promotion. Availability, prices and specifications subject to change without notice. **Restrictions apply, please see a sales associate for additional details. E. & O.E. January 2015. 14567.

Set Your Sights Higher, Discover Mattamy Communities.

Towns And Detached Designs In Lovely, Livable Communities.

Elev. ‘A2’

Lot 229 - 5: Village Home, The Berryhurst, Elev. ‘A2’, 1,263 Sq.Ft., $239,990.

Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hardwood In Lieu Of Carpet On Main Floor, Ceramic In Lieu Of Vinyl Throughout, Kitchen Backsplash & Master Ensuite.

Closing Date: June 3rd 2015

Elev. ‘B’

Lot 226 - 3: 2 Storey Townhome, The Oak End, Elev. ‘B’, 1,776 Sq.Ft., $302,990.

Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hardwood In Lieu Of Carpet On Main Floor, Ceramic In Lieu Of Vinyl Throughout, Hearth & Home, Rec Room Ready, Bath Oasis, Upgraded Kitchen Package, Kitchen Backsplash & Potlights In Kitchen.

Closing Date: July 28th 2015 Saw

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Follow us: MODEL HOME HOURS: Monday - Thursday 1pm-7:30pm; Friday 1pm-5:30pm; Saturday, Sunday and Holidays 11am-5:30pm

Elev. ‘A’

Lot 217-5 : 2 Storey Townhome, The Berrygrove, Elev. ‘A’, 1,126 Sq.Ft., $254,990.

Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hardwood In Lieu Of Carpet On Main Floor & Ceramic In Lieu Of Vinyl Throughout.

Closing Date: October 28th 2015

Lot 167: 30' Home, The Marigold Corner, Elev. ‘B’, 1,710 Sq.Ft., $359,990.

Includes: $12,500 At Décor, Granite Countertops In Kitchen, 9' Main Floor Ceiling & Rec Room Ready.

Closing Date: March 3rd 2016

KANATA

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Lot 153-3: Village Home, The Appleby, Elev. ‘A1’, 1,100 Sq.Ft., $229,990.

Includes: $5,000 At Décor, 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hardwood In Lieu Of Carpet On Main Floor & Ceramic In Lieu Of Vinyl Throughout.

Closing Date: September 29th 2015

Lot 5: 36' Home, The Elm, Elev. ‘A’, 1,902 Sq.Ft., $369,990.

Includes: $12,500 At Décor, Granite Countertops In Kitchen, Rec Room Ready & 9' Main Floor Ceiling.

Closing Date: December 3rd 2015

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FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

Iconic Homes and Communities

UNIQUE, ARCHITECT DESIGNED HOMES

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STONEBRIDGE

Conveniently located near Stonebridge in Barrhaven, Manotick Village and the Rideau River, this idyllic neighbourhood features classic, Barry J. Hobin designed homes surrounded by natural, open spaces and flowering trees. Just released – 8 new Town lots!

TOWNHOME MODELS NOW OPEN STARTING FROM $355,900

SALES CENTRE HOURS Mon – Thurs: 12 – 7pm Fri – Sun: 12 – 5pm Holidays 12 – 5pm Located at 3699 Jockvale Road | 613.608.8079

URBAN LIVING IN WESTBORO ONLY 1 UNIT LEFT

uniformdevelopments.com

Talbot

Townhomes from the $240s Up to $5,000 cash-off PLUS 3 stainless steel appliances Single Family Homes from the $330s Up to $10,000 Design Centre Bonus

Sales Centre - 2370 Tenth Line Road MintoAvalon.com

Buy now, and move in 2015!

E. & O.E. Prices and specifications are subject to change without notice. Restrictions apply.

Get to know our townhomes Design, quality and attention to detail. Everything you love about our singles in a town. New models now open in Kanata and Barrhaven.

Visit us online for full details. cardelhomes.com/ottawa

106-225 WinterFeLL Private, OttaWa 613-249-0704

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Aspire Townhomes

Singles, Bungalows & Townhomes

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191 Overberg Way

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376 antigOnish ave, OrLéans

613-591-0448

613-841-0560

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Findlay CreeK Singles, Bungalows, Townhomes & Zen Urban Flats

riverSide SOUtH

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Singles, Bungalows & Townhomes

Singles, Bungalows & Townhomes

401 Fernside st.

585 sUMMerhiLL st.

118 Maravista dr.

613-822-6444

613-823-6767

613-425-1332

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

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JAN 24 - FEB 7, 2015 || VOLUME 15 ISSUE 02

COVER

p. C22 MINTO BEECHWOOD New design of two-bedroom suites

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

DIRECTOR OF SALES, NATIONAL

Josh Heppner

SALES MANAGER, EASTERN ONTARIO

Paul Bimm

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

28

34

Susan Legge ART DIRECTOR

Victoria Cigan EDITOR

Wayne Karl CONTRIBUTING EDITORS

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

Nash Kamaludin

MANAGER OF PRODUCTION

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

CONDO INSERT | C01-C28

Dennis Ng

GRAPHIC DESIGNER

SPOTLIGHT ON CONDOS: Your guide to new condo

Miguel Cea

communities in the Gatineau and Greater Ottawa Area

regular features 16 Editor’s Note C6 Fusion Condominiums Green living, prime location, ready now

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Home Smarts

The benefits of owning an income property

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30 32

by Marnie Bennett

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In the News

Healthy Ottawa market to see more home price growth this year

GOHBA Report

New Ottawa council must restore balance to city growth

by John W. Herbert

Ottawa housing outlook – steady as she goes

34

newhomeandcondoguide.ca

Designer Advice

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

by Sara Duck

Published Saturdays, 2015 Publishing Schedule: Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1

It’s a colourful life

In the News

Five things to watch in Canadian real estate in 2015

Designer Advice

Bringing home mid-century modern design

by Yanic Simard

38

Published By

by Wayne Karl

by Wayne Karl

by Wayne Karl

24

Fundamentally Speaking

Hot Sheets

Two pages of community previews and openings

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 2015: 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.

Reward Yourself.

W L I O I N TH U A D BO P ED N TO HO US $ M FE 160 ES AT ,0 UR 0 ES 0 !

OPEN HOUSE 217 and 219 Madhu Cresent

Visit our Brand New Homes at 217 and 219 Madhu Cresent

The Trinity 4 3,035 sq. ft.

The Trinity 4 3,049 sq. ft.

2 LUXURIOUS HOMES PRICED FOR

Now Now ly ly IMMEDIATE OCCUPANCY! On $889,900 On $894,900

OPEN HOUSE LOTS OF AVAILABLE INVENTORY PRICED FOR

IMMEDIATE OCCUPANCY! visit us at our New Models and Sales Centre in BARRHAVEN (Off Longfields Dr. across from South Nepean Park)

visit us at our Models in PRINCE OF WALES 217 and 219 Madhu Cresent Open Weekends: Noon to 5:00 p.m.

613-440-3750

or 613-809-5116 for an exclusIve Viewing.

//EDITOR’S NOTE

New home experience Make wise choices and enjoy the process

W

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

hen only a new home will do, those in the market will be pleasantly surprised by the exceptional value and attention to detail a new home offers.

When you buy new, you don’t inherit somebody else’s worn carpeting, personal taste in kitchen appliances or paint colour preferences. You get a fresh, clean space that’s waiting for your personal imprint.

If you’ve always fantasized about buying a brand new home, here are a few tips that can help you make the process a pleasant one: » Shop the mortgage market to see what you can afford before you start your hunt; » Obtain a lawyer who is willing to review your offer and close the deal; » Don’t be persuaded by high pressure sales tactics while you’re out shopping;

» Determine which options and upgrades you want as part of your offer and ensure your lender will finance what’s required, if needed; » To save money, consider which upgrades you could purchase and install yourself after the sale closes.

Some upgrades such as rough-ins and wiring inside the walls are easier to do before construction.

Factors such as the cost of the home, neighbourhood, lot size and special features play a big role in your final decision. Determining which your new house absolutely must have, and which you could live without, should be among your first steps in the homebuying process.

We hope you enjoy this issue of New Home & Condo Guide. Let us know what you think!

Buy ‘low’ and enjoy your decision Your home is a prized possession over the long term

F

WAYNE KARL

EDITOR Wall2Wall Media Wayne.Karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl Like us on Facebook. Search: New Home Guide

orget what you might have heard recently about houses in Canada being overvalued by 30 per cent (Bank of Canada) or, worse, more than 60 per cent (Deutsche Bank).

In Ottawa, at least, real estate is proving to be a prized possession, indeed.

This is particularly true with new homes.

There’s that old adage in real estate – and the stock market – urging you to “buy low, sell high.” Who wouldn’t love to do that? But how would you ever know when “low” is, and when “high” is actually the highest?

Perhaps the most realistic, if humorous, suggestion for how to look at this equation comes from Toronto-based

16 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

mortgage broker Calum Ross: “There are two times that real estate values matter – when you buy and when you sell.

What happens in between is no more relevant than the total cash you have in the middle of a game of Monopoly.”

So, if you’re looking at the long term with your home purchase, which experts advise you do, you’re not likely to be affected by any short term fluctuations in value.

Various stories, quoting various sources, in this issue (and at newhomeandcondoguide.ca) provide evidence of the long-term performance of housing. So take heart in knowing you’ve made a good decision.

Brilliant. Beautiful. Bungalows.

If you want the best, go straight to – EQ Homes, Ottawa’s bungalow specialists.

At both eQuinelle and Fernbank Crossing, you’ll find the finest bungalow floor plans in the region, offering the convenience of single level living with all the luxury features and exceptional value that you’d expect from an award-winning builder like EQ!

Visit one of our sales offices today, for a tour of our Model Homes!

STITTSVILLE

KEMPTVILLE 416

5

416 5

1,175 – 2,010 sq. ft.

416

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416

1,175 – 1,710 sq. ft.

from $334, 900

from $386,900

613 • 258 • 6488

613 • 404 • 8075

88 Equinelle Dr., Kemptville, off County Rd. 44

339 Bobolink Ridge, Stittsville off Fernbank Rd.

TWO MORE INNOVATIVE DEVELOPMENTS FROM THE REGIONAL GROUP OF COMPANIES INC.

Prices and specifications are subject to change without notice. E. & O.E. All renderings are Artist’s concept. *See Sales Representative for further details.

eqhomes.ca

Express Yourself Arriving Early 2015 to New Stittsville, Towns, 38’ and 46’ Singles Monarch has started a whole new tradition at Traditions II so you can express your own personal style. Choose from our Timeless Collection of traditional designs or our Expressions Collection with contemporary flare. Both offer features such as 9’ ceilings, gas fireplaces, hardwood on the main level, large kitchen islands, spa-inspired ensuites, walk in closets, home offices and lofts are available, too.

Enjoy the charm of a village setting just close enough to Kanata’s bustling urban centre, with it’s big box stores and fashion outlets. Set on a secluded enclave offering wooded lots and lots backing onto neighbouring estate homes, Traditions II is the perfect family neighbourhood with excellent schools and the Goulbourn Recreation Complex. Down the road are local shops, cafes, ice cream parlours – and the friendly welcome of downtown Stittsville! Discover Traditions II, the perfect expression of you!

Register today at MonarchGroup.net

Timeless Collection

Expressions Collection

Renderings are artist’s concept and images are for mood and impression only. E & O.E. January 2015. 14599.

F O R

H O W

A Lifestyle Refined

Y O U

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HN Homes and award-winning architect Christopher Simmonds

D E S I G N E D

T O D A Y

are redefining modern living in Ottawa.

HNhomes.com E. & O. E. Rendering is artist’s concept.

WE WON'T CHARGE YOU EXTRA FOR YOUR CUSTOM DESIGN Choose one of our many models Bring us your design Custom modifications to any models or designs Creation of a new custom design just for you ... all this as part of our service at NO EXTRA CHARGE.

Meet directly with owner Pierre, owner Michel or VP Stephan

LOCATED OFF CARP RD BETWEEN STITTSVILLE AND CARP D

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• 22 lots in a Private Cul-de-sac • 2 to 4 acres country Estate Lots (well & septic) • Underground services with Natural Gas and High Speed Internet • Open and partially or fully treed lots • Walking trails with access to lake and creek • 5 minutes from Kanata Centrum

4+ LOCATIONS • NAVAN: Mustang St.: ½ acre fully treed private Estate Lot. From the high $600's.

• OTTAWA: Westboro: 2 luxury semi-detached homes. From the high $600's.

• STITTSVILLE: Deer Run: 41’ to 54’ wide lots in a private crescent. From the mid $400's.

• CARP: Westlake South Estates: 2 to 4 acres private Cul-de-sac Estate Lots. From the mid $500's.

• ON YOUR OWN LOT

(613) 296-7000 2 QUICK OCCUPANCY HOMES FOR SALE

IN STITTSVILLE FROM $529,900

MetricHomes.com 2 MODEL HOMES OPEN FOR VIEWING (CARP AND STITTSVILLE)

CENTRAL EAST OTTAWA Off Montreal Road and the Aviation Parkway

Executive Terrace Homes Luxurious Rearlane Townhomes

AMAZING BONUSES

SPOTLIGHT ON CONDOS EASTERN EDITION

Jan 24 - Feb 7, 2015

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

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SPOTLIGHT ON CONDOS

KEEP YOUR NEW YEAR’S RESOLUTION TO LOSE A FEW INCHES C R È M E P R E S E N TAT I O N C E N T R E

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Monday – Thursday, 12 PM – 6 PM | Saturday – Sunday, 12 PM – 5 PM

cremehomes.ca 1224_Creme_NEWYEAR_7x10.5.indd 1

Ad Number

SPOTLIGHT ON CONDOS

You’ve been thinking about moving into a more manageable sized home, but you’re worried that you’ll lose the luxuries that you’re accustomed to. At Crème, you’ll still have all the perks so you can live life comfortably. | Starting from $275,900

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Insertion date

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It’s your time.

For travelling, shopping, golfing, skiing, dining out and everything else you love to do. Cardel condos at Notting Hill South make life a breeze.

2 BEDROOM CONDOS STARTING FROM

249,

SPOTLIGHT ON CONDOS

$

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IMMEDIATE OCCUPANCY

900 INCL HST

INCLUDING UNDERGROUND PARKING + ELEVATOR

Visit us online for full details. cardelhomes.com/ottawa

OTTAWA’S OTTAWA’STALLEST TALLESTAND ANDMOST MOSTREMARKABLE REMARKABLEHIGH-RISE HIGH-RISEISIS

NOW NOWUNDER UNDERCONSTRUCTION CONSTRUCTION

485 485 Preston Preston Street, Street, Ottawa Ottawa 613.695.1441 613.695.1441 www.claridgeicon.com www.claridgeicon.com

ClaridgeHomes.com ClaridgeHomes.com Prices Prices and and specifications specifications areare subject subject to to change change without without notice. notice.

E.&O.E. E.&O.E.

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SPOTLIGHT ON CONDOS

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FUSION CONDOMINIUMS Green living, prime location, ready now

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SPOTLIGHT ON CONDOS

magine living a short walk from the Parliament Hill with kilometres of bike trails at your doorstep. Wake up each morning with breathtaking views of the Ottawa River and the Gatineau Hills, walk to work and skip the stress of traffic.

With the introduction of Claridge’s Fusion condominiums at LeBreton Flats, your dreams can become a reality.

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LeBreton Flats is a prime piece of real estate that has been left untouched and is primed for a renaissance under the guidance of the NCC. Construction has now begun, transforming this unused space into what will soon be the most sought after real estate in the city.

Located just outside of the downtown core, with easy access to greenspace, you can’t ask for anything better!

Situated at the eastern edge of LeBreton, Claridge’s Fusion development is a luxurious complex which offers three residential components, perfectly fused together.

Buyers can choose from a six-storey condominium wing, an eight-storey condominium wing, and a collection of stacked boutique townhomes nestled in between. Fusion is a marvelous collection of home styles, each offering buyers comfort, modern elegance and choice.

Inventory ready units are available for immediate move in and come in a number of different finish packages

CLARIDGE| Fusion

Within this picturesque greenspace 40 per cent of the land will be kept green and open, enhanced only with Ottawa’s parks, courtyards and walkways. with some enticing designer upgrades. Choose from a wide array of floorplans, from one-bedroom, one-bathroom suites starting at $264,000, and two-bedroom, two-bathroom suites starting at $443,000. There is also the option for larger three-bedroom, three-bathroom homes with a garden, or two-bedroom, two-bathroom homes with a rooftop terrace.

At Fusion condos, 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 greenspace 40 per cent of the land will be kept green and open, enhanced only with Ottawa’s parks, courtyards and walkways.

LeBreton Flats has always been an underappreciated jewel of Ottawa and is about to undergo a major rejuvenation bringing a truly landmark development to the area. Your new home at Fusion will only be steps from the new Pimisi Light Rail Transit (LRT) station, which means you’ll have quick and easy access the rest of the city.

Claridge has been building homes in Ottawa for almost 30 years, and the family run company is proud that Fusion will target silver certification within the Leadership in Energy and Environmental Design (LEED) program.

Buyers are now, more than ever, concerned with their carbon footprint and Claridge has gone above and beyond to

ensure that Fusion is a green, sustainable and energy efficient development.

Fusion also offers residents private recreation facilities, such as an outdoor pool surrounded by a beautiful wood deck, a clubhouse ideal for summer lounging with a perfect cocktail, and a fully equipped fitness room. At Fusion, residents can also take advantage of the spectacular sixth floor rooftop terrace and private garden oasis with amazing views of the city’s skyline.

You can be a part of this amazing development starting at just $264,000. For more information on this offer or to inquire about the Fusion condos, please contact the sales centre at 613.232.2049 or visit the website claridgefusion.com Model suites will be opening soon!

LOCATION

LeBreton Flats HOUSING TYPE One-bedroom, one-bathroom and two-bedroom, two-bathroom suites.

Three-bedroom, three-bathroom with a garden and two-bedroom, twobathroom rooftop terrace homes SALES CENTRE 250 Lett St. Ottawa, open Saturday, Sunday and holidays noon to 5 p.m., Monday to Wednesday noon to 7 p.m.

Closed Thursday and Friday CONTACT 613.232.2049 claridgefusion.com

JAN 24 - FEB 7, 2015 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7

//HOME SMARTS

BEYOND THE FAMILY HOME:

The benefits of an income property » 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

I love it when my clients share my passion for real estate. Lately, I’m finding that more and more of them are expressing interest in income properties and other real estate investment opportunities. They are looking to supplement their pensions and collect passive income or they are considering buying a new property from paper for equity income. These types of investments in real estate are one of my firm’s specialties for a good reason: I’m a firm believer that, when done responsibly, investing in real estate can pave the way to financial independence, and buying real estate is a smart choice – asset class diversification and wealth creation.

I can’t lie – I get pretty excited when I’m approached about this topic. Having worked in the Ottawa region for more than 30 years, I’ve seen it blossom into one of the country’s most promising areas for this type of investment, and as a millionaire real estate investor, I know how important it is to have a diversified portfolio. It is a fi xed asset, you can leverage it, you can buy with other people’s money, or you can rent it, fl ip it, re-finance it or sell it for a profit.

Assuming you don’t have the cash to pay for an income property outright – and few of us do – you may wonder how taking on an additional mortgage can possibly make good financial sense. There is good debt and bad debt. In simple terms, there are various ways to finance your investment.

C8 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

You can give your current home a job and help finance this investment, your mortgage payments will be covered or substantially covered by your tenant’s rent, and there are tax advantages and other opportunities. Over the years, the mortgage will be paid off, and you’ll own a property that has increased substantially in value and you are on your way to financial freedom.

One of the most significant differences between real estate investment and conventional investment in stocks and bonds, lies in the amount of money you need to begin. To invest in $200,000 worth of stocks, you need to have $200,000 at your disposal. To purchase an investment condo for $200,000, you need only 25 per cent of that amount.

As with any investment, it’s important to be well-informed before you begin. I strongly recommend speaking with a real estate expert who understands the Ottawa real estate investment market, someone who can help you to evaluate your timing, as well as the location and type of rental property or other real estate investments that will serve you best.

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

plus ENJOY FREE CONDO FEES FOR TWO YEARS!*

H I D E AWAY ’ S SA LT WAT E R P O O L

WILL BE OPEN IN JUNE BUT, YOU CAN TAKE ADVANTAGE OF

OUR OPEN HOUSE NOW! START ING F ROM $ 2 19,9 00

MOVE-IN THIS YEAR

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BANK ST

McLEOD ST

455 BANK ST AT MCLEOD NEXT TO STARBUCKS MON 12-5 | THURS 3-7 SATURDAY-SUNDAY 12-5 OR BY APPOINTMENT

HideawayatCentral.ca 613.789.5475 *SEE SALES REPRESENTATIVE FOR MORE INFORMATION. CANNOT BE COMBINED WITH OTHER PROMOTIONS.

SPOTLIGHT ON CONDOS

GLADSTONE AVE

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//IN THE NEWS

Healthy and confident Ottawa market TO SEE MORE HOME PRICE GROWTH THIS YEAR » by WAYNE KARL Other cities in Canada may experience more spectacular home price growth, but slow and steady is the name of the game in Ottawa. Coming off a year in which prices grew an average 1.4 per cent, Ottawa is in line for an even higher clip this year, according to the latest Royal LePage House Price Survey and Market Survey Forecast.

Across the country, average home prices showed modest to healthy year-over-year gains in most markets in the fourth quarter of 2014. During the quarter, the average price of a home in Canada increased between 4.5 per cent and 6.7 per cent year-over-year.

Nationally, the average price of detached bungalows rose 6.7 per cent $406,218, while standard two-storey homes increased 6.0 per cent to $443,379, and standard condominiums saw a 4.5 per cent increase to $257,624. Against the backdrop of a decidedly mixed macroeconomic environment at home and abroad, Royal LePage expects home prices to increase moderately in 2015, forecasting a 2.9 per cent national increase for the year ahead.

In Ottawa, a healthy and confident housing market saw moderate gains in spite of supply continuing to outstrip demand, Royal LePage says. Detached bungalows and standard two-storey homes increased 2.2 per cent year-overyear to $404,708 and 2.1 per cent to $407,440, respectively. Standard condominiums saw a slight decline in price, dropping 0.6 per cent to $258,817.

For 2015, Royal LePage forecasts average home price growth of 1.8 per cent to $370,000, up from $363,600 in 2014. Th is compares to a 1.3-per-cent

increase from $358,876 for 2013.

By comparison, Toronto is expected to lead Canada in home price growth at 4.5 per cent this year, while at the bottom end, Regina is forecast to decline 1.3 per cent.

supply and demand set price, and it is a long established fact that “While some markets have continued to defy gravity, notably the economically robust, supply constrained cities of Vancouver, Calgary and Toronto, by and large, house prices across the country are now strolling versus bounding forward,” Phil Soper, president and chief executive of Royal LePage, told New Home & Condo Guide. “We believe this moderating trend will characterize the 2015 market, and that in normal course, even our hottest markets will see

eroding affordability ease overheated demand, bringing balance and more rational price increases.”

The recent freefall in the value of oil is impacting the national and some provincial economies, he adds, and will act as a drag in some regions of the country.

“Specifically, the natural slowing of home price appreciation should be accelerated in Alberta, Saskatchewan, and Newfoundland, and delayed in Central Canada – particularly in Ontario.”

And what should homeowners and prospective buyers make of recent statements by Deutsche Bank, and even the Bank of Canada, that Canada’s house prices are seriously inflated?

“Will prices collapse, as a few foreign investment banks have prophesized?

That seems highly unlikely in a future characterized by low interest rates and a healthy economy, which is what we see,” says Soper.

2015 ROYAL LEPAGE MARKET SURVEY FORECAST AVERAGE HOUSE PRICE % CHANGE

Market Halifax

Montreal

Province NS

QC

Ottawa

ON

Winnipeg

MB

Calgary

AB

Vancouver

BC

Toronto Regina

Edmonton National

C10 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

ON

2015/14 % Change

2015 Forecast

0.6%

331,000

0.5% 1.8% 4.5% 0.4%

SK

-1.3%

AB

2.5%

2.4% 2.8% 2.9%

2014

2013

277,000

275,500

274,880

370,000

363,600

358,876

592,000 275,000 311,000 472,000 371,000 835,000 419,318

329,000 566,500 274,000 315,000 461,000 362,000 812,000 407,500

320,490 524,089 268,382 312,355 437,036 344,977 767,765 382,466

SPOTLIGHT ON CONDOS

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Hintonburg, Arts District

CONSTRUCTION STARTS IN THE SPRING

"NEW IDEAS MUST USE OLD BUILDINGS

NINE LOFTS, ONE OPPORTUNITY.

SPOTLIGHT ON CONDOS

Only once in a very long while does a building like this become available. Morley Hoppner offers you a rare opportunity to get on board as they transform this historic building, established in 1933, into “hard” lofts. These are not “loft-styled condos”, or “nouveau industrial”. YARD & STATION IS THE REAL DEAL; made up of nine large, authentic, tailor-made lofts founded on the past and designed for your future.

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Live the coveted Hintonburg life; the vibrant arts district and lively community spirit continues to enable this Ottawa neighbourhood to retain a small village feel despite being only a few blocks away from the city

center. Make your home in this thriving urban quarter by living in a historic building that will be interconnected with soaring light-filled spaces, epic sky-line views and rooftop getaways. Enter your loft via secure underground parking and a semi-private elevator.

Choose one of the spacious loft layouts of Yard & Station or connect with your inner artist and work with Morley Hoppner Group to design and build your very own.

Custom lofts 1755 to 2255 sq. ft.

YardAndStation.com • 613.831.5490 • 12 Stirling Avenue, Hintonburg

www.MorleyHoppner.com | 613.831.5490

W E B U I L D O N Y O U R T R U S T . It is a simple statement, and one that Morley Hoppner stands by. A dynamic, Ottawa-based firm, Morley Hoppner has more than 25 years of experience building some of Eastern Ontario’s most innovative projects. Their work includes the award-winning Westboro Station condominiums, a three-phase masterpiece of modern living, as well as the Bell Sensplex, a world-class recreational facility.

CONSTRUCTION STARTS IN THE SPRING

A LIFE IN THE PARK Old Kanata

Mature Neighbourhood, Modern Condo Two the Parkway is nestled in the mature green landscape and granite outcroppings of one of the most unique and coveted neighbourhoods in Kanata.

The early community of Beaverbrook was designed as a garden city and is full of parks, walking paths, plenty of open green spaces and close to all amenities. We invite you to come and visit the area and drop into the Sales Office to see what we offer.

In addition to a quality build and features, each condominium home includes the following at no extra charge:

Your home choices range from 893 to 1388 sq. ft. and are priced from $396,999 to $589,999.

· Exterior Entry & Exit Building Security · Outdoor guest parking

· Indoor Parking Spot · All Appliances · Fully Equipped Fitness Room · Richly appointed Common Space with hadjacent patio

��

· Furnished guest room reservable for hovernight visitors.

These boutique projects are being scheduled for construction this coming spring! Visit our website to learn more and benefit from pre-construction pricing.

SPOTLIGHT ON CONDOS

TwoTheParkway.com • 613.747.2462 • 2 The Parkway, Kanata, ON

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moreLocations ready for occupancy

MOve in tOMOrrOw!

With 8 different locations around the city, we build to suit everyone’s needs. Visit us today!

DOwntOwn Now available starting from $343,000

nEw EDInBUrGH Limited availability starting from $361,000

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613-232-2049

Building now, completing soon. Secure your new home starting from $192,000!

SPOTLIGHT ON CONDOS

EAST

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MErIVaLE under construction starting from $236,000

DOwntOwn under Construction starting from $233,000

LOwErtOwn under construction starting from $192,000

LIttLE ItaLy under construction starting from $278,000

613-224-0330

613-234-1780

613-680-6560

613-695-1441

Live at the tOp with Ottawa’S #1 COndO BuiLder!

Claridge’s condominiums have redefined Ottawa’s skyline. With more than 20 high-rise developments situated in prime locations across the city, Claridge Homes has become the developer of choice for the region’s residents. We are proud to be named the winner of the 2014 Consumer Choice Award in the category of Commercial Builder, three 2014 Sammy Awards, and winner of Best Condominium Unit at GOHBA’s 31st Annual Housing Design Awards,

SALES CENTRE rer

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SPOTLIGHT ON CONDOS

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244 Rideau StReet, Ottawa 613-241-3235

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

ge Kin

mb

View our decorated model suites and find out how you can get more value from our upgraded units!

Starting FrOM $213,000

Cu

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t eS

org

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SPOTLIGHT ON CONDOS

SPOTLIGHT ON CONDOS

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OFF PRICES

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Slater St Laurier Ave W

Gladstone Ave

Catherine St Queensway/Hwy417

Elgin St

Metcalfe St

O’Connor St

Bank St

Somerset St W Kent St

SPOTLIGHT ON CONDOS

*

SPOTLIGHT ON CONDOS

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THE STATION

the jewel of barrhaven.

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play here.

relax here.

work here. visit us at our NEW sales centre

COMING FEB 21ST NEW SUITE DESIGNS NEW RELEASE

2

BEDROOM EVENT YOURS2LOVE FROM * $299,900

NS T

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NOW UNDER CONSTRUCTION!

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MINTO BEECHWOOD

CH

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STYLISH CONDO LIVING IN THE HEART OF NEW EDINBURGH. 7 Beechwood Avenue Mon. - Thurs. 12pm - 7pm, Weekends & Holidays 11am - 5pm, Fri. Closed *Prices and speciямБ cations are subject to change without notice. Rendering is artist concept. E.&O.E.

SALE STARTS FEB 21ST. REGISTER FOR PRIORITY CHOICE.

mintobeechwood.com | 613.696.8188

SPOTLIGHT ON CONDOS

M AC

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//COVER STORY

MINTO BEECHWOOD

New Design of 2 Bedroom Suites

Q

uaint, eclectic, vibrant and charming: New Edinburgh is quickly rising as Ottawa’s next hot spot. Within walking distance to downtown, this quiet, yet thriving community is home to an eclectic mix of retirees, students, families and young professionals.

Located at the crossroads of MacKay Street and Beechwood Avenue, Minto Beechwood offers you a chance to live in this coveted neighbourhood. With its enviable location situated between the Ottawa River, the Rideau River and Rideau Hall, buyers are jumping on this prime real estate opportunity. Minto Beechwood is a prestigious address in the heart of New Edinburgh, just minutes from everything that matters.

C22 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

To meet the demands of the market, Minto is introducing a limited collection of brand new two-bedroom, two-bathroom floorplans. Starting from only $299,900 these plans offer unbelievable value and will be an incredible opportunity for investors and end users alike.

The new two-bedroom floorplans, offer open concept living with master retreats, walk-in closets, high-end finishes, two luxurious bathrooms, gourmet kitchens and chic designs throughout.

Complementing the well-designed layouts is the modern, chic lobby that beckons you home with luxurious seating areas complemented by distinctly unique accents. A dedicated mail room and two high-speed elevators are conveniently located in the lobby. Outside, a beautiful port-cochere awaits your arrival protecting you and your guests beneath its cover no matter what the weather.

Relax, socialize, recharge and breathe.

The terrace space at Minto Beechwood is a seamless continuation of the rich and clean design palette communicated throughout the building. An exciting extension of the indoor lounges, the

PRIVACY PRIVACY SCREEN SCREEN

Levels Levels

2-5F 2-5F

MINTO | Beechwood

LIVE 14'4" x 10'1"

BALCONY

LIVE

5' X 7'

BALCONY

MASTER 10'0" x 9'0"

MASTER

DW DW

S S

LIN

D

LIN

KITCHEN 9'9" x 12' KITCHEN

D

ENSUITE ENSUITE

terrace is anchored by strong architectural expressions, including an outdoor kitchen, fireplace, feature wall and roof garden.

Construction has started at Minto Beechwood, and the sales centre will be closing on Feb. 28 and relocating to 831 Bank St. Minto will be releasing its brand new floorplans at a special sales event on Feb. 21. With only a limited number available, this new release is expected to sell quickly.

For more information and to register for Feb. 21, visit mintobeechwood.com

WD

BEDROOM 2

LAUNDRY WD

8'0" x 8'6" BEDROOM 2

LAUNDRY

FOYER

BATH

FOYER

BATH

WELCOME HOME WELCOME

Glenwood - 707 sq .ft.

HOME

A prestigious address in the heart of New Edinburgh, just minutes from everything that matters

LOCATION

New Edinburgh ee a y S tr

R

MacK

ay S

ay S MacK

Beechwood Beechwood Avenue Avenue

Minto is committed to providing first-class service to buyers, while also ensuring sustainability. Minto Beechwood, a candidate for LEED certification, will be the next condominium in Minto’s celebrated Green building portfolio – incorporating innovative technologies that improve energy and water efficiency and empower homeowners to reduce their costs and environmental impact. Minto Beechwood will only further enforce Minto’s commitment to building better, Greener buildings – a commitment that includes Radiance@MintoGardens, the first LEED certified multi-unit residential building and MintoMidtown, North America’s largest LEED Gold condominium.

t

MacK HOUSING TYPE eet a y S tr Two-bedroom, two-bathroom MacK condominium, starting at 707 sq. ft.

One-bedroom, one-bathroom plus den and two-bedroom plus den also available R

SALES CENTRE 7 Beechwood Avenue, ROttawa Open Monday to Thursday noon to R 7 p.m., weekends and holidays 11 a.m.

R to 5 p.m. Closed Friday R

CONTACT 613-696-8188 Floor 2 mintobeechwoodsales@minto.com Floor 2 minto.com

Specific floor information and location may vary between floors. Balcony and window conditions my vary by suite. Please see sales representative for com JAN 24 - FEB 7, 2015 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C23

Actual usable floor space may vary from the stated floor area. Specifications are subject to change without notice. Some features may vary by suite design. Furniture not included. E

Specific floor information and location may vary between floors. Balcony and window conditions my vary by suite. Please see sales representative for com

Actual usable floor space may vary from the stated floor area. Specifications are subject to change without notice. Some features may vary by suite design. Furniture not included. E

move in NOW

SPOTLIGHT ON CONDOS

h i g h s t y l e c o n d o m i n i u m s f r o m $233,900

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4 fully furnished model suites!

BUY WITH ONLY 5% DOWN GOTHAMOTTAWA.COM 613.257.8887 Renderings are an artist’s impression.

All prices, size and specifications are subject to change without notice. E&O.E.

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SPOTLIGHT ON CONDOS

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SPOTLIGHT ON CONDOS

Live Life BeautifuLLy. Soon.

CONSTRUCTION COMMENCING SPRING 2015!

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C27

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SPOTLIGHT ON CONDOS

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Live in Westboro’s most exciting new enclave of two- and three-bedroom contemporary townhomes, ranging from 1,756 to 1,948 sq. ft., beautifully designed by Barry J. Hobin & Associates Architects. Enjoy lock-and-leave convenience and ample storage space in each home. Just two blocks from your favourite shops and restaurants in the heart of an established neighbourhood, and minutes from the Ottawa River, Queensway, Tunny’s Pasture and downtown.

Presentation Centre and Show Home RIC

RAVENHILL COMMON SHOW HOME 453 EDISON AVE

AVE ILL

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BY

ON

ILL

CH

UR

IS ED

AVE

AVE

HOURS Monday to Friday noon to 6 p.m.

Weekends/holidays noon to 5 p.m.

Or by appointment

RD

CH

613-825-0080 RavenhillCommon.com

Located at 453 Edison Avenue, one block south of Byron Avenue and one block west of Churchill Avenue North

ND

O HM

//GOHBA REPORT

NEW OTTAWA COUNCIL must restore balance to city growth » by JOHN W. HERBERT There are eight new city councillors in place at Ottawa City Hall. That means, with 24 councillors in total, one in three councillors are in a position to bring new perspectives, ideas and energy to the decision-making table.

Now is the time for Ottawa to adopt a balanced approach to how our city grows and develops.

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

BUDGET 2015: NEW-HOME BUYERS ARE PAYING THEIR FAIR SHARE

One of the first orders of business for city council will be the coming city budget. Ottawa’s previous council made a commitment to limit increases in property taxes. They honoured this promise and should be applauded for their efforts to have the City live within its means.

When governments do not raise taxes, they often look to fees as a way to generate revenues. Here’s a few facts for councillors to keep in mind when considering any increase to the building permit fees paid by homebuyers and homeowners.

This year, new-home buyers are facing an average increase of 30 per cent in the development charge levied on every new home built in Ottawa.

Anyone buying a new townhome in Kanata, Orleans or Barrhaven will now pay $18,973 in development charges. If buying a single-family home outside the Greenbelt, it means paying up to $37,304 in development charges.

When building permit fees are raised, these are passed on to the new-home buyer, putting homeownership out of reach for many young families and first-time buyers.

24 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

Ask younger Ottawans and parents about the challenges facing Millennials. Career-track jobs are hard to find. Many Millennials are working in service industry jobs, struggling to pay off their $40,000-plus student loans. Half of Millennials live with their parents well into adulthood. Now is not the time to increase the cost of new homes for first-time buyers.

When building permit fees are raised, these are passed on to the new homebuyer, putting home ownership out of reach for many LESS POLITICS IN PLANNING

In the city of Ottawa, a councillor’s approval for a new development is required before a building permit is issued in his or her ward. While the permitting process is managed by the planning department, the process is not complete until the ward councillor has approved the plans.

Changes to the zoning of land, the rules which govern what we can and cannot do with land in Ottawa, must be approved by the planning committee of city council, which is comprised of councillors. While the zoning amendment process is handled by the planning department, land and property owners need planning committee approval if they want to do something that often is in complete conformance with City of Ottawa policy.

By bringing elected officials into the land use decisionmaking process, we have introduced politics into what was traditionally a planning and engineering process. Land use decisions can now be influenced by the people affected by these decisions. This is not a bad thing, but unfortunately, we find ourselves in a situation where the political considerations of a proposed plan or development often outweigh the planning considerations.

BUILDING PERMIT DELAYS HAVE A REAL COST

One of the practical results of the increasing politicization of planning is the increased time required for approvals. Delays in permitting and zoning changes are more common and longer

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613-425-5255 Rotary Way Sales Office

Rotary Way

Prices, sizes and promotions are subject to change without notice. Renderings are artist’s concept. See Sales Representative. E.&O.E.

//GOHBA REPORT continued

than ever. Today, it takes two to five years to secure the approvals and permits for a plan of subdivision. Prior to the City of Ottawa amalgamation (2001) it was common for a plan of subdivision to be approved within six months.

While delays may seem like a minor bother and are often treated as such by decision-makers, they are, in fact, a major problem for homeowners, builders and developers. Delays are about time, and time costs money.

For homeowners and new homebuyers, permitting delays are an endless source of frustration. Delays are also driving up the cost of their new homes.

For a small builder working on an urban infill project, a delay can place his or her entire business in jeopardy.

For a larger builder, delays cost millions of dollars. During delays, builders must carry the cost of land, they must pay salaries and wages to their employees and they must continue to operate their businesses. All of these resources sit idle while permits are delayed. Long delays will lead to job losses for the men and women who work in home building.

While it may be good politics to keep taxes low by increasing development charges and building fees, these decisions have a direct impact on Ottawans

26 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

HOME BUILDING IS A MAJOR PART OF OTTAWA’S ECONOMY

Lastly, when making decisions about home building and land development, it’s important to remember that 25,000 people in the national capital region work in the home building industry. While it may be good politics to keep taxes low by increasing development charges and building fees, these decisions have a direct impact on Ottawans working in the home building industry and on our local economy. When the price of new homes goes up, sales drop. When sales drop, there is less work for people and less money being pumped into Ottawa’s economy.

KEYS TO A BALANCED APPROACH

The time has come for Ottawa to adopt a balanced approach to growth and development in our neighbourhoods, our communities and in our city. Practically speaking, this means: keeping building fees at current levels, reducing delays in building permits and approvals and, considering the contribution of home building to our local economy at the planning decision-making table.

AllowAnce

MunicipAl TAxes * › › › ›

condo Fees

for

Units available for quick occupancy; Limited time offer. Subject to change without notice; 32 communities in the National Capital Region; Towns, semis, single family homes & condos.

3 years

* Maximum taxe value $10,000. Certain conditions apply. Contact our housing consultants for more information.

HeriTAge Hills

HeriTAge Hills

$ 1 /169 mo.

278 520$ 263 245$

condo (a)

**

122-1 Battersea Cr.

condo (b)

oxford

$ 1 /462 mo. **

409 548$ 329 000$

raMsayville

**

680 boul. des Grives

sirocco

héritage

**

92 rue Georges-Lebel 3

242 201$ 226 000$

oxford b

**

héritage

613.831.0126

3

**

415 794$ 349 000$

Périgord b

**

819.246.4663

238 086$ 226 570$

st-Michaels

**

819.682.4663

3

riverMeAd

$ 1 /006 mo. **

1220-1 ch. d’Aylmer 2

$ 1 /550 mo.

173 rue Polder

819.682.4663 cHâTeAu golF

$ 1 /003 mo.

**

oxford b

plATeAu syMMes

$ 1 /325 mo.

332 354$ 298 368$ 3

$ 1 /817 mo.

507 337$ 409 000$ 163 Loreka Court

23 rue des Scouts

st-Michaels 2

**

613.831.0126

3

**

613.824.4059

2

plATeAu syMMes

1236-2 ch. d’Aylmer

819.669.4663

$ 1 /817 mo.

518 637$ 409 000$

cHâTeAu golF

$ 1 /198 mo.

st-Michaels

$ 1 /309 mo.

lokerA courT

159 Loreka Court

819.776.4663

3

JArdins Mcconnell

312 446$ 269 800$

**

76 rue Joran

819.776.4663

1

$ 1 /462 mo.

$ 1 /598 mo.

488 434$ 359 800$

313 943$ 294 763$ 90-6 Prestige Circle

613.824.4059

2

plATeAu du pArc

$ 642 /mo.

**

lorekA courT

613.257.4079

3

plATeAu du pArc

condo

st-Michaels

$ 1 /309 mo.

100-5 Prestige Circle

24 McGregor Rd.

613.257.4079

160 670$ 144 600$

313 943$ 294 763$

cArleTon crossing

109 McGregor Rd. 3

**

613.317.2438

2

cArleTon crossing

416 177$ 329 000$

$ 1 /345 mo.

314 871$ 293 145$ 25-4 Earlton Pvt.

613.317.2438

2

peTrie’s lAnding

peTrie’s lAnding

819.246.4663

728 095$ 579 000$

Phare (Furnished)

$ 2 /572 mo. **

91 ch. Morley-Walters

819.595.4663

4

** Payment includes equity/interest, municipal taxes & condo fees for 3 years. 2,89% interest rate, 5 year term, 25 year amortization, 5% down payment.

BRIGIL.COM

//FUNDAMENTALLY SPEAKING

Ottawa housing outlook – steady as she goes » 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

If you’re looking to buy a home in the Ottawa area, good news: conditions are in your favour. If you recently bought here, well… you may not be thrilled with the short-term market performance.

But don’t worry, you’re in one of the most stable markets in Canada – void of the huge price gains seen in other areas, but also absent of wild market swings the other way. Indeed, steady as she goes is the pace in Ottawa.

The Ottawa existing home market is expected to remain balanced in 2015, with price growth and slowing sales, Sandra Perez Torres, Canada Mortgage and Housing Corp.’s (CMHC) senior market analyst for Ottawa, said at the CMHC Housing Outlook Conference.

Unlike other parts of Canada, such as Toronto and Vancouver, the condo sector may seem some cooling next year.

Starts in this housing category will moderate in 2015, as high inventories are constraining apartment price growth.

“In general, weaker employment conditions in Ottawa this year explain the drawback in housing activity,” Perez Torres told New Home & Condo Guide.

Public administration jobs, which represent about 20 per cent of employment in Ottawa, continued to weaken in 2014, and most job growth in the city came in part-time jobs.

In addition, “employment of the fi rst-time homebuyer age group, those 25 to 44, has declined (in 2014), and this has affected housing market activity. The slowdown in the condo market is a reflection of softer employment conditions for this age group as they are the potential buyers of this dwelling type. That said, employment of the move-up-buyer age group, those 45 to 64, has seen robust gains.

Th is age group can afford the single-detached homes in both the new and resale home market.

Housing starts are expected to drop by two per cent in 2015 before bouncing back in 2016. “Ottawa has seen a record number of condo apartment starts both in 2012 and 2013, so it is not surprising that builders are expected to scale back construction activity over the 2014 to 2016 period,” says Perez Torres. “Over the next two years, the condominiums that were

28 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

started between 2012 and 2014 will be coming on the market and will still need to be absorbed before more foundations are poured.”

For those looking to buy a home in the Ottawa area this year, multi-family may represent a strong opportunity, CMHC says. Demand for this housing type is expected to be stronger, given that it is more affordable than singledetached homes. The price difference is approximately between $70,000 and $100,000 between each of the dwelling types, singles to condos.

As for areas of the city, Perez Torres says Orleans/East Ottawa will continue to be more affordable than the city core and the western side of Ottawa.

//DESIGNER ADVICE

colourful IT’S A

LIFE

» by SARA DUCK » photo by MAURA MCEVOY

POTTER, DESIGNER AND AUTHOR JONATHAN ADLER IS A DESIGNING POWERHOUSE ON A MISSION TO SHAKE UP BORING DECOR WITH HIS DAZZLING, COLOURFUL CREATIONS. WE RECENTLY CAUGHT UP WITH THIS MULTI-TALENTED DESIGNER.

30 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

You seem to be a designing chameleon these days with your continued successful and diverse lines of pottery, furniture, home accessories, apparel and more. Where do you draw inspiration from?

J: Creativity is an audacious and magical undertaking, and I try not to think about it too much, but I always keep my mind and my eyes wide open.

Describe your design philosophy in three words.

J: Style, craft and joy.

You’re known and loved for your use of colour. What are your favourite colour combinations?

J: Lemon yellow and blue is an “always” combination for me, and I’ll never say no to a dash of prep-tastic red, white and blue.

Describe your home’s aesthetic.

J: Shelter Island is where my husband Simon and I built our dream home. We wanted warm, rustic modernism.

It’s a little California, a little Japanese and a little Swedish.

There are a lot of decorating/design rules out there.

What’s one that you think people should just totally ignore?

J: All of them. Don’t worry about rules: if you love it, it will work.

How can homeowners bring a “wow factor” to a room?

J: Start with a bold, graphic rug and you won’t look back.

In addition to being a successful author, a collaborator with companies such as Kravet, Starbucks and Lacoste, and creator of must-have home items, you’ve had great success as an interior designer. What’s next for you?

J: I just finished re-envisioning the Eau Palm Beach resort in Florida – all 309 guest rooms and corridors – and I’m launching a collection with Formica Laminate this spring. I’m a restless designer, so the more I make, the more I want to make. More stores, more products, more projects!

SOME OF OUR FAVOURITE Jonathan Adler pieces!

Worth Avenue Bargello Throw Pillow. $175.

Visit jonathanadler.com

Amsterdam Side Dining Chair. $495.

Visit jonathanadler.com

What are some of your favourite decor stores to shop at?

J: Well, mine! But when I’m in Toronto, I like to pop into Artifacts and Elte.

What are some of your favourite pieces you’ve designed for 2015?

J: I’m having a love affair with our new modular Ultra Sectional. It is glamour, glamour, glamour. And brass – anything brass. Our brass hand nutcracker is surreal – and chic – and will make you want to be constantly surround by a pile of walnuts needing to be de-shelled.

What’s a new trend you think people should embrace in the new year?

J: Mixing metals. Break your allegiance to just silver or gold and embrace metallic mixing.

Jacques Desk. $3,495.

Visit jonathanadler.com JAN 24 - FEB 7, 2015 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 31

//IN THE NEWS

FIVE THINGS TO WATCH IN

Canadian real estate in 2015 » by WAYNE KARL By all accounts, 2014 was a good year in Canadian real estate – and in some areas a great year. Here are five things to watch in Canadian real estate in 2015.

‘OVERHEATING’ IN THE HOUSING MARKET Bank of Canada Governor Stephen Poloz spooked many Canadians in December when, in releasing the Bank’s semiannual Financial System Review, he said that house prices could be overvalued by as much as 30 per cent – 30 per cent.

Only weeks previous, the chief economist for Canada’s housing agency, Canada Mortgage and Housing Corp., reassured Canadians that overheating wasn’t a serious concern.

“The housing market does have a fairly bright outlook,” Bob Dugan told New Home Guide.

“We don’t see overheating as being a problem in any of the markets across Canada,” he says. “Some markets are stronger than others, particularly in western Canada.”

We also sought insight and reaction from a leading mortgage broker, Calum Ross.

“Respectfully, the Bank of Canada is no more qualified to talk about the specifics of the housing markets than the Canadian Real Estate Association is qualified to comment on monetary policy,” he told New Home & Condo Guide.

“Saying there is a Canadian housing market is not that dissimilar from saying there is a Canadian temperature – the term itself is irrelevant.”

MORTGAGE RATES In its December interest rate announcement, the Bank of Canada once again held its influential overnight target rate at one per cent – where it has sat since September 2010.

Most economists don’t expect any notable rate increase in 2015, including BMO’s chief economist Douglas Porter. But if rates do begin to inch up, the impact will be interesting to watch.

“The chances of a two percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter told New Home & Condo Guide. “We do believe that at long last rates will begin to creep higher, but we are only looking for quarter-point hike by the Bank of Canada.”

32 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

Calgary, Toronto and Vancouver – which have seen significant price gains in the last few years – are among the markets most vulnerable, he says.

BoC’s next rate announcement was scheduled for Jan. 21.

OIL AND GAS Canadians are loving the cheap gas at the pumps these days – freeing up coin for us to spend on other consumer goods – but falling oil prices could cause a farther reaching economic shake-up.

Is it a short-term blip or a more prolonged development that could lead to dramatic change? TD Economics, for one, forecasts downgrades in economic growth in the oil-rich economies of Alberta, Newfoundland and Labrador and Saskatchewan.

In its latest Provincial Economic Forecast in December, TD said real GDP growth in Alberta is expected to fall from its recent trend rate of more than four per cent to 2.3 per cent over the 2015-16 period. Accordingly, after topping the 2014 growth charts by a wide margin, Alberta is expected to trail Ontario (2.5 per cent) and BC (2.4 per cent), where activity is expected to gain a step relative to 2014.

A prolonged oil and gas slump could also affect the real estate markets in Alberta – but experts say any slowdown will only bring the province more in line with growth in the rest of Canada.

MATTAMY HOMES’ ACQUISITION OF MONARCH CORPORATION “Buy land, they’re not making it any more.” This famous Mark Twain quote rings true in the recent announcement by Mattamy Homes that it is acquiring Monarch Corporation.

It’s huge news in the home building industry, but it’s also interesting from a general business and consumer news perspective.

Why? First, it’s a success story: a Canadian company buying the Canadian division of U.S. builder, in this case Taylor Morrison Home Corp., which builds homes in Arizona, California, Colorado, Florida and Texas. Mattamy builds homes in the

Greater Toronto Area, Ottawa, Calgary and Edmonton.

Second, the motivation for the deal: land. Land availability and rapidly rising acquisition costs are a growing issue for builders – and therefore buyers. A run-up in land prices in Ontario in the last few years, for example, is one of the reasons Taylor Morrison decided to sell Monarch.

By acquiring Monarch, Mattamy quickly gains Monarch’s existing land tracts, most of which have been approved for development.

Mattamy, primarily a lowrise builder, also gains an immediate foothold in the fast-growing highrise market.

TORONTO, SPECIFICALLY MAYOR JOHN TORY As if being mayor of Canada’s largest city isn’t difficult enough – some say it’s the toughest job in Canadian politics, certainly at the municipal level – Rob Ford drew a lot of negative, unwanted attention TO’s way.

On the one hand, Mayor John Tory can’t help but present the city and the mayor’s office in a brighter light. On the other, his predecessor left him with quite a mess.

Among Tory’s challenges: uniting a previously divided council, improving relations with the provincial and federal governments, and – the big one – transit. If Tory has his way, by the time his first term is up in four years, construction of his SmartTrack transit system will be well underway.

Toronto’s real estate market, meanwhile, is expected to continue humming along, though affordability is becoming a growing concern.

JAN 24 - FEB 7, 2015 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 33

//DESIGNER ADVICE

Bringing Home

Mid-Century modern design I

» by YANIC SIMARD » edited by SARA DUCK » photo by BRANDON BARRÉ

knew right away that this space would host an eclectic mix of furnishings, including those inspired by the mid-century modern era.

When my firm Toronto Interior Design Group first came in, the white walls were bare and there was little furniture in the room. The possibilities were endless, as the clients allowed us to really let our imagination run wild with this project and trusted us completely with whatever we wanted to do. The first task was

34 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

Our starting point in terms of the design was painting the walls in Benjamin Moore’s OC-23 Classic Gray. Visit benjaminmoore.ca

Atelier - Modern Cottage - Wood Side Table with Metal Base. $120.

Visit bouclair.com

SHOP the

LOOK

Artisanal Soup Bowl in Herbal Green. $12. Visit chapters.indigo.ca

Atelier - Floor Lamp with Trunk Base. $300. Visit bouclair.com

Koldby Cowhide. $300. Visit ikea.ca

Armen Living Eden Sofa in Cement Gray. Starting at $1,372. Visit ebay.ca

determining the floorplan and flow of the space. After the homeowners fell in love with the floorplan, it was time to create a design they would fall in love with, too.

We brought in a mix of chrome and brass, which really balanced out the entire look, while also adding the edge and sophistication. For a hint of exotic, a natural cowhide rug hugs the floor, while extremely textural horse sculptures linger in the background near the retro looking walnut lamp. But the element that we all felt really brought life to the room was this amazing art piece by world photographer Tony Koukos.

YANIC SIMARD

is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Yanic has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca

JAN 24 - FEB 7, 2015 | 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 | JAN 24 - FEB 7, 2015

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 JAN 24 - FEB 7, 2015 | 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

BARRHAVEN • LONGFIELDS STATION • SINGLES, TOWNHOMES & MORE! Award-winning builder Campanale Homes offers new-home buyers the opportunity to find their Dream Home that is within their budget.

With condo flats and terrace homes staring at $256,900, and loaded executive townhomes priced from $334,000, you’re bound to find the perfect home that fits your lifestyle. The Station is the answer, priced from $251,900, with 12 unique designs to choose from. The four-story luxury condominium features one and two-bedroom apartments, and is the ‘Jewel of Barrhaven.’ Visit our model homes at 420 Via Verona Ave. Phone 613.440.3570 or visit our web site for floorplans and more info at 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

BLACKSTONE • KANATA Phase II Single family homes are now released with value added incentives.

Cardel has also introduced a brand new lineup of modern townhomes.

Town showhomes are now open. Visit our sales centres and showhomes: Singles – 100-104 Westphalian Ave. Harley Wallin, harley.wallin@ cardelhomes.com, 613-836-9521. Townhomes – 139 Westphalian Ave. Jennifer Dean, jennifer.dean@cardelhomes.com, 613-435-5704, cardelhomes.com LONGFIELDS • BARRHAVEN Cardel has a brand new lineup of 3 and 4 bedroom patio and courtyard townhomes. Two new Courtyard showhomes are now open. Single family homes with rear lane entry are now available with limited time incentives.

Discover all there is to love about Longfields. Visit our sales centre and showhomes: 435 Sweetflag Street or contact Dale Laurie, dale.laurie@ cardelhomes.com, 613-440-5767, cardelhomes.com 38 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

NOTTING HILL SOUTH CONDOS • ORLEANS Panmount II Condos – Heated underground parking, elevator, 6 appliances, radiant in-floor heating, air conditioning, large storage space and much more. Only 10 units left for immediate occupancy.

Maintenance-free living has never been more affordable. Visit our sales centre and showhome: 141 Potts Private or contact Lynne Freitag, lynne.

Freitag@cardelhomes.com, 613-424-6780, cardelhomes.com

DOMICILE

BEECHWOOD VILLAGE • THE KAVANAUGH The Kavanugh offers village life in the city: quaint but with cachet – and just minutes from downtown. Famed bistros and bakeries line a streetscape surrounded by green spaces, bike paths and landmarks. 613.868.7597. thekavanaugh.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

ORLEANS • CRÈME Introducing Crème homes in Orleans at the corner of Navan and Renaud.

Beautifully designed 2-bedroom bungalows, lofts, and flats. Register today to get an invite to our fall sales launch. cremehomes.ca 613.807.0316.

GLENVIEW

KANATA • MONAHAN LANDING Award-winning Glenview Homes’ development Monahan Landing is family affordable with homes for everyone! Just released are new large family sized lots and premium wood backing lots. Choose from towns and singles, double and single car garages. Move in this Fall to one of their smart and stylish ready builts, or buy now for delivery in 2015! Value priced from the $280’s, discover more at glenviewhomes.com

GREATWISE

QUALICUM WOODS CROSSING Just released – our newest VIP one bedroom collection – Visit our sales centre and be the first to view this amazing limited series! Whether you are single, a young couple or downsizing from your empty nest, Qualicum Woods Crossing, offers an affordably great lifestyle experience with a beautiful full-scale park right in the heart of the community. 2781 Baseline Rd. qwcrossing.com 613.693.0808.

HN HOMES

KANATA • BRIDLEWOOD Three fully furnished model homes now open. Visit us at 157 Stonemeadow Dr. 613.435.8848. Open Monday to Thursday noon to 7 p.m., Friday to Sunday noon to 5 p.m.

RIVERSIDE SOUTH • RIVERSIDE SOUTH Single-family homes and townhomes coming to Riverside South. Preregister today to attend our fall launch. hnhomes.com 613.435.8848.

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

ORLEANS • MONDAVI COURT • TOWNS AND SEMIS Now under construction – off Trim Road just North of Innes. 24 townhomes and semi-detached towns. Selling from Dorima sales officer – Innes at Dorima. MondaviCourt.ca or 613.424.2901 or email: 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 RICHMOND • RICHMOND GATE New! Just opened! Bungalow semis in the town of Richmond. Sales office on site. longwoodbuilders.com/RichmondGate or email: SalesRichmond@longwoodbuilders.com. Call 613.444.0494.

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

MUSTANG RD • NAVAN Metric Homes’ last country estate lot in the East: beautiful fully treed and private half-acre lot available to build your unique custom designed singlefamily home. Meet the Metric team and let them design your new home at no charge to you. 613.296.7000. 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.

613.296.7000. metrichomes.com

MINTO

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

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 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.

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

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.

BARRHAVEN • FELTON COURT Nestled in the corner of Fallowfield Road and Strandherd Drive, with convenient access to the 416 and 417, Felton Court is a commuter’s dream. phoenixhomes.ca

RICHCRAFT

BARRHAVEN • FIELDSTONE & RIVERSIDE Discover modern urban living in Riverside South & Fieldstone in the heart Barrhaven. These freehold energy star certified townhomes have open concept design, gourmet kitchens, private decks and a whole lot more from $268,900. Call 613.491.0834, Riverside Sales Centre at 744 Brian Good Ave or Call 613.440.5225, Fieldstone Sales Centre at 302 Longfields Dr. CENTRETOWN • THE BOWERY CONDOS & LOFTS The Bowery Condos and Lofts by Richcraft – from $178,000 – NOW UNDER CONSTRUCTION. Located in the heart of Downtown, steps from Bank St. with rooftop pool, terrace and brilliant design. Discover condominium living with distinctly urban vibe. Own for as little as $1000 a month. Learn MORE at thebowerycondo.ca. Visit our award winning Presentation Gallery at 136 Banks Street.

SPRINGCRESS

WESTBORO • RAVENHILL COMMON Freehold Towns for fall 2014 occupancy. Still time to customize and select your interior finishes. Located just two blocks from the heart of Westboro, stunning open concept two- amnd three-bedroom homes from 1,756 to 1,948 sq. ft. wRavenhill 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. Showhome now oppen! Visit: ravenhillcommon.com Sales Info: 613.825.0080. Email: salesinfo@ravenhillcommon.com

TAMARACK HOMES

KANATA • POOLE CREEK VILLAGE • SINGLES AND TOWNHOMES Grand Opening! Tour seven decorated models today. In Poole Creek Village, we’ve created the perfect community for growing families. Quiet moments are as close as your backyard while the city’s best amenities are just around the corner. Visit tamarackhomes.com ORLEANS • CHAPARAL • GALLERY TOWNHOMES Grand Opening! Tour our new decorated models today. These spacious, upgraded townhomes have been designed for an active lifestyle. Discover them today in Chaparal. Orleans’ most convenient community. Visit tamarackhomes.com

UNIFORM URBAN DEVELOPMENTS

BARRHAVEN • THE ORCHARD The Orchard in Barrhaven South, near Stonebridge. Single-family homes and townhouses starting from $353,900. 3699 Jockvale Rd. uniformdevelopments.com

KANATA • RICHARDSON RIDGE Three stunning model homes now open. 100 Grand Manan Circle (corner of Hunstville Drive and Grand Manan Circle.) 613.435.7751. 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 JAN 24 - FEB 7, 2015 | 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

Inquire

12

Inquire

21

From $334,900

18

WEST Carleton Place

CARDEL

Stonewater Bay

Carp

METRIC

Westlake South Estate

Kamptville

EQ HOMES

eQuinelle

Kanata

CARDEL

Blackstone

Inquire

12

Kanata

CARDEL

Richardson Ridge

Inquire

12

Kanata

GLENVIEW

Monahan Landing

x

x

From $280's

17

Kanata

MATTAMY

Fairwinds

x

x

From $224,990

6, 7

Kanata

MATTAMY

Monahan Landing

x

From $224,990

6, 7

Kanata

MONARCH

Blackstone

Inquire

4, 5

Kanata

PHOENIX

Fernbank

Kanata

TAMARACK

Pool Creek Village

Kanata

UNIFORM DEVELOPMENTS

Richardson Ridge

Kanata

VALECRAFT

Trailwest

Ottawa West

CAMPANALE HOMES

Prince of Wales

Stittsville

CARDEL

Deer Run

Stittsville

EQ HOMES

Fernbank

Stittsville

METRIC

Arbourbrook Estates

Westboro

SPRINGCRESS

Ravenhill Common

Barhaven

CLARIDGE HOMES

West Pointe Village

Barrhaven

CARDEL

Longfields

Barrhaven

MATTAMY

Half moon Bay

Barrhaven

MONARCH

Longfields

Barrhaven

TAMARACK

The Meadows

Barrhaven

VALECRAFT

Woodroffe Lofts

Kanata

UNIFORM DEVELOPMENTS

The Orchard

x

Leitrim

LEMAY HOMES

Findlay by The Park

x

x

Leitrim

TAMARACK

Findlay Creek

x

x

Nepean

MONARCH

Stonebridge

x

Nepean

MONARCH

The Links

Richmond

METRIC

King's Grant

x x

x x x

x

From $369,900

29

From $328,900

BC

Inquire x

8, 9

From $303,400

22

x

From $889,900

15

x

Inquire

12

From $386,900

18

x

Inquire

21

x

From $699,900

23

x

From $281,900

13

x

Inquire

12

x

SOUTH

40 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

x

x

x

x x

x

x

x

x

x

$219,990

6, 7

x

From $329,990

4, 5

x

Inquire

BC

x

From $259,900

22

x

Inquire

x

From $324,900

25

Inquire

BC

x

Inquire

4, 5

x

Low $200's

4, 5

x

Inquire

8, 9

21

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

IBC

Central

BRIGIL

121 Parkdale

x

Inquire

27

BRIGIL

Domaine du Vieux-port

x

From $252,800

27

Cumberland

METRIC

Camelot Estates

x

Inquire

21

East Orleans

TAMARACK

Cardinal Creek Village

x

Navan

CLARIDGE

Spring Valley Trails

Orleans

METRIC

Notting Hill

Orleans

MINTO

Avalon

Orleans

TAMARACK

Chaperal

Orleans

VALECRAFT

Bradley Estate

Ottawa East

VALECRAFT

Vanier West Orleans

QUEBEC Quebec

EAST x

x

From $322,900

BC

x

x

x

From $276,900

13

x

x

Inquire

21

x

Inquire

10, 11

x

Inquire

BC

x

From 302,900

22

Aviation Private

x

From 299,900

22

BRIGIL

Jardins McConnell

x

From $260,781

27

BRIGIL

Petrie's Landing

x

From $181,800

27

Barrhaven

CAMPANALE

Longfields Station

x

Inquire

C20

Central

CLARIDGE HOMES

Icon

x

Inquire

C5

Central

THEBERGE HOMES

Alta Vista Ridge

x

Inquire

C17

Downtown

BROCCOLINI

Slater

x

From $215,000

C2

Downtown

LAMB DEVELOPMENTS

Gotham

x

From $233,900

C24

Downtown

LAMB DEVELOPMENTS

SOBA

x

Inquire

C18

Downtown

URBAN CAPITAL

Hideaway

x

From $219,900

Gatineau

LE GROUP HEAFY

The VIU

x

Inquire

C26

Hintonburg

MORLEY HOPPNER

Yard & Station

x

Inquire

C12, C13

Kanata

CARDEL

Kol at Blackstone

x

Inquire

C4

New Edinburgh

MINTO

Beechwood

x

From $299,900

Orleans

CARDEL

Notting Hill

x

Inquire

C4

Orleans

Domicile

Crème

x

Inquire

C3

Ottawa Central

MASTERCRAFT STARWOOD

Soho Champagne

x

Inquire

C25

Ottawa Central

RICHCRAFT

Urban Towns

x

Inquire

C28

Ottawa Central

URBAN CAPITAL

Smarthome

x

From $179,900

C19

South Ottawa

LINDEN DEVELOPMENTS

Distillery Warehouse

x

From $246,500

C11

South Ottawa

THEBERGE HOMES

Hunt Club

x

Inquire

C16

Westboro

WESTBORO POINT

Azure

x

From $280,000

C27

x

x

x

CONDO

C9

C21

JAN 24 - FEB 7, 2015 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 41

Please see advertisers ads for Site locations

42 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JAN 24 - FEB 7, 2015

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

The DREAM is now a REALITY Seize the opportunity NOW!

Meticulously crafted suites with expansive indoor and outdoor amenities coupled with a new marketplace, all designed and envisioned

by Ashcroft Homes for this iconic landmark.

An unrivaled lifestyle with an abundance of opportunity and leisure at your doorstep. Q West defines “Live Work and Play”.

SAVE THOUSANDS OF DOLLARS TODAY!

Purchase a 1 or 2 bedroom suite or Penthouse by Feb 14, 2015 and Ashcroft Homes will tailor your agreement

JUST FOR YOU.

Visit the Sales Centre today and inquire about YOUR exclusive offer. We urge you not to miss this opportunity.

101 Richmond Rd (Near Island Park)

613-221-5926

sales@liveqwest.com Mon-Thurs Noon-6pm, Sat & Sun Noon-5pm (If more convenient: by appointment)

LiveQWest.com

Luxury Suites in WESTBORO

NOW UNDER CONSTRUCTION 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.

Starting From

$271,900

• 52 Units over 6 floors in first phase • Designed by Barry J. Hobin Architects • Next to the old Grace Hospital

Sales Centre & Model Now Open

www.tamarackwellington.com

1140 Wellington West