Eastern Ontario New Home & Condo Guide - Mar 9., 2013

Eastern Ontario Edition

March 9 - 23, 2013 Volume 13 Issue 05

Your Best Source for New Homes and Condos

Holitzner Homes’ New Community

in Carleton Place inside this issue

LOOKING LONG TERM AT YOUR NEW HOME

TIPS TO HELP YOU SELECT A COMMUNITY

WHAT DOES YOUR WARRANTY COVER?

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,

is your last chance to own a Holitzner 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

COMING THIS SPRING TO BARRHAVEN! EXPERIENCE COMMUNITY

LIKE NEVER BEFORE MONARCHGROUP.NET

AN EXCEPTIONAL NEIGHBOURHOOD OF TOWNHOMES AND SEMI DETACHED HOMES. Find your haven. Beautiful new home designs set in a quiet family neighbourhood with charming streetscapes, an abundance of nearby parks, fabulous amenities and shopping nearby. Plus, excellent schools at your doorstep and the convenience of easy access to major routes and local transportation. Up to 2,160 sq.ft. with finished recreational room in lower level.

BUILDING SITE LOCATED NEAR LONGFIELDS AND WOODROFFE AVE 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. 20674.

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

ONLY 10 HOMES REMAIN. MODEL HOME FOR SALE

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

THE ALLIANCE · ELEV. A

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

Special Savings & Upgrades Available On Select Homes In All Communities.

Special 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 Townhomes From $219,990 Townhomes From $219,990 · · · Detached Homes From $309,990 Detached Homes From $306,990 Detached Homes From $346,990 Rd

r.

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

R ve ro eG

l

D

d.

son R

Eagle

ld

fie

ow

r. d.

ar

1 y4

w

l Fal

Half Moon Bay Sales Centre: 3454 Greenbank Road, Barrhaven, 613.825.7932

7

H .

Rd

D

Rd.

Rd

ox

Side

Dr.

tm

Hope

dium

a Pall

416

un

.

Rd

nk ba ia e ot lac c S P

Rd.

H

an

de

zel

Ha

r.

Rd

C

n ria

D ox yF

e al

J

b am

r Ter

Rd

6

Sales Office r

ve

Ri

7

Sales Centre

Club

F ry

ank

d

k oc

417

Joc kv

Rd

1 d y4 an Hw Str

iew arv Ced

he rd R

unt

WH

r Te

enb

Gre

d

iel

f low Fal

ap

M

Sales Office

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

Elev. ‘A1’

Lot 216-9 – Village Home, Lot 80 – Double Car Garage, The Sweetriver ‘A1’, 1,325 Sq.Ft., 2 Bedroom, The Regal ‘A’, 2,631 Sq.Ft., 4 Bedroom, Was $250,990 Now $244,990 Was $478,990 Now $449,990 Includes: $5,000 In Design Upgrades, 3 Appliances, Includes: $10,000 In Design Centre Upgrades, Rec. Granite Countertops In Kitchen, Room Ready, Bath Oasis, Glass Shower Enclosure, Ceramic Tile And Hardwood Floors On Main Floor.

Oak Stairs, Hardwood Floors On Main Move In February 27, 2014 & Granite Countertops In Kitchen.

Move In November 21, 2013

Lot 5 – Double Car Garage, The Sandfield ‘B’, 2,268 Sq.Ft., 4 Bedroom, Was $430,990 Now $419,990 Includes: 9' Ceilings On Main Floor, Alternate Kitchen, Rec. Room Ready, Air Conditioning, Granite Countertops In Kitchen & Hardwood Floors In Living/Dining Room.

Move InAugust 29, 2013

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

7

WE ARE DIFFERENT EL

OD ope EST een ) 2 M ES OK etw ille M O , b sv HO RBR p RdStitt N ).

U Car d RU le BO ff an ER vil (o arp DE tts C ti (S

AR

n

ES AT

» Choose one of our many models « » Bring us your model «

» Custom modifications to any models or designs « » Creation of new custom design just for you « …. all this without paying a premium for our service:

CUSTOM DESIGNED HOMES AT NO EXTRA COST !!!!

5 existing locations: Cumberland, Navan, Westboro, Stittsville & Carp. or on your own land

BUNGALOWS & 2-STOREYS FROM the $400’s

NEW RELEASE: 2 Semi-Detached homes

in WESTBORO.

(613) 296-7000 8 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

o ls jor ns A e a tio W M a o d ov n Re

www.MetricHomes.com

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

March 9-23, 2013

||

volume 13 issue 05

cover story

p.20

holitzner HOMES

Take advantage of the opportunity to own a Holitzner home in Carleton Place

C06

C30

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-C32

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

Investing in your home: Take the long-term view

by Marnie Bennett

C26 HOW TO FIND A HOME

Factors and features to consider in looking for the ideal community

C28 Finances

Tax time: Be aware of new provincial tax changes

12 editor’s note 26 tarion report

Your new home comes with a Tarion-backed warranty

29 tax matters Retirement planning: Canadians embracing DIY investing

33 fundamentally speaking

How to find a home? Pay attention to location, information and timing

Production Co-ordinator

Dennis Ng

graphic designer

Viosa Barileva Published by

by Wayne Karl

34 feature

Buying that first home with advice from Mother of the Bride

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

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

by Elisa Krovblit

36 hot sheet

Two pages of community previews and openings

by Howard Bogach

community focus features C06 greatwise developments Qualicum Woods Crossing ‘no tax event’ in Ottawa’s West End

Bala Gnanapandithan

C30 theberge homes

AV Ridge – urban convenience with the Alta Vista lifestyle

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

D

Visit our website for hours.

DR

MOODIE DR

STONEHA VE

N

R XD N

NBA

FER

$ 300’s

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

SON RD

ROBERT

RIC

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

Long-term commitment will afford you peace of mind

W

hether you’re relocating from one coast to the other or moving to your first place, changing homes can be hectic, exciting and certainly stressful. But, relax.

You can eliminate the anxiety associated with moving by taking control of the situation with confidence.

Understanding the market is just part of the story. Knowing what you need and what you can afford is the more important part of the equation. Making a prudent purchasing decision that doesn’t keep you up at night when interest rates rise or market news becomes the talk of the town is up to you.

Any expert will tell you that buying a home or condo is a long-term commitment. This issue is full of great tips from the experts as well as the latest news designed to help you make a wise purchasing decision.

Along with our Community Focus features, which outline the specifics on many fine communities, there’s lots to take in – so kick back, relax and enjoy.

You’re in the driver’s seat.

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

How to find the right home?

Knowing what to look for – and where – are crucial parts of your new-home search

O

nce you’ve decided to buy a new home, the excitement begins to build immediately. Where to buy? What type of home? Is now the right time?

The answers to such questions will vary from person to person, depending on individual circumstances and needs. Choosing the type of home you can afford, and what finishes and design features you want, might be the easiest part of the process. A little more challenging, but nonetheless equally important, are matters such as finding a community in proximity to amenities such as shopping and schools, commuting times and transit options, and if your new home will still be suitable in three, five or 10 years.

As for the timing of your purchase, it’s natural to wonder whether now is the best time, given all the discussion about market conditions. But if your employment and finances are secure, you’re best served looking at the long term – say seven years. Where are new-home prices likely to be then? Higher or lower?

And if you missed out on building equity by delaying your purchase, would you be better off?

Another factor to consider is your new-home warranty. This issue, on page 26, we introduce a new monthly column – the Tarion Report, by Howard Bogach, president of Tarion Warranty Corp., the company charged with protecting the rights of new-home buyers. With his contribution and other related content, we hope you’ll begin to determine your own answers to these questions.

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

COME HOME TO MONTAGE Main Lobby

M O N TA G E

The Essex Suite

MOVE IN THIS SPRING! MAGNIFICENT OTTAWA SOUTH LOCATION. Combine lifestyle with location, location, location and Montage is Longwood’s answer to cosmopolitan living in Ottawa’s desirable Alta Vista area. Exciting, four-level building with only 36 suites places residents in touch with everything and everywhere from a setting that overlooks a wooded ravine.

MONTAGE Condominiums Off Bank south of Billings Bridge d.greene@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.

613.897.0044 www.montagecondos.ca 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.

SONIA BY THE RIDEAU Urban Condominiums 613. 421.9736 l.rivington@longwoodbuilders.com www.SoniaCondos.com ‘Must-see’ Model Suite

of Hunt Club NEIGHBOURHOODS

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

homes Phase 6, Don’t miss the best lots, build your custom home on a gorgeous treed estate lot.

Book today to ensure we can build your custom home in 2013 WE BUILD CUSTOM HOMES TO SUIT YOUR LIFESTYLE! 150 Day Delivery

At Settlers’ Grant a two storey 2000 sq. ft. custom home will cost approx. $167.00 per sq. ft. and 2000sq. ft bungalows at $170.00 per sq. ft. *lot is not included.

North Gower

416

ars

K To

Rideau River

Our Standards Are High

Our Standard Finishings are other builders’ upgrades; we invite your input throughout the process and expect to see you many times during the Building of Your Home.

Minimum Lot Size Of 1 Acre

With access to 12,000 plans and the technical expertise to customize to your exact specifications, no two homes are alike.

Viewing By Appointment Only Contact George Pollman or Kathleen Pulfer (613) 258-7550

44

South River Rd

Settlers Grant

18

Kemptville

43

www.settlersgrant.ca

Just South of Ottawa

*price per sq. ft. varies with the size of home.

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

R-2000 is an official trademark of Natural Resources Canada. Used with permission.

coverstory

Take advantage of the opportunity to own a

Holitzner Home

Y

in Carleton Place

es, Holitzner Homes is breaking new ground in the lovely town of Carleton Place, and it’s your opportunity to get in early!

The HighGate community in Carleton Place will be a one-of-a-kind location, with very big lots, fully customizable homes and prices that just can’t compare.

Here, you can own a beautiful customized home with your own special modifications on a lot that’s 50- or 60-ft. wide and 110- to 175-ft. deep, with prices starting in the low$400,000s. That is $50,000 less than Stittsville and $100,000 less than Kanata, and you get lots of land, too.

The site borders High Street and Townline in Carleton Place, and sits only five or 10 minutes away from the

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

Mississippi River and lake. You can walk to the beach, be at the boat launch in no time, stroll the exceptionally beautiful river walk, fish, swim, canoe and just enjoy being near the deep, clear water.

Only 20 minutes from Kanata/Stittsville, travel is a breeze now that Hwy. 7 is expanded to four lanes.

Holitzner offers a wide range of exciting designs.

Choose from bungalows, mid- to large-size two-storey homes, then enjoy customizing your plan and making your house totally your own. A visit to their design centre with its great standard selections will truly create your own interior finishes.

The fully-customizable homes offer nine-ft. main floor

builder

Holitzner HomeS Carleton Place

Holitzner Homes Location Carleton Place starting price Single family homes: 1,693 to 3,289 sq. ft.

Priced from low-$400s Closings late fall 2013 sales office 139 Charlie’s Lane, Carp, (Hidden Lake) contact 613.839.6675 holitzner.com

ceilings, hardwood in the living and dining rooms, ceramic flooring in the vestibule, kitchen, laundry and bathrooms, and 39-in. upper cabinets in the kitchen. Rooms are spacious, windows oversized and basements insulated. Quality doesn’t stop where visibility ends either. Holitzner homes have all-plywood sheathing, meaning durability for generations, and all Holitzner’s homes are Energy Star rated for daily energy savings.

Thoughtful touches from Laurysen kitchens make entertaining easy, while gorgeous oversized windows welcome the light. Holitzner designs beautiful outdoor spaces as well, like covered porches, sunrooms and screened rooms to help enjoy your gorgeous backyard.

Carleton Place is also a long-established, self-contained business community with almost all the professional services of the city. As for shopping, on the edge of town visit all the big stores, such as Canadian Tire, The Home Depot, Walmart and more, or head downtown to charming Bridge Street and enjoy the friendly personal service small independent vendors provide.

Schools, community groups, clubs, recreational facilities, churches, parks and local hospital provide all the supports a family needs. Quaff beverages by the water in a quaint pub, try a variety of eateries, play golf or soccer, or head further west into lake and ski country. Everything you need is right here in HighGate, and Kanata/Ottawa is just next door.

Now is the time to get in on the ground floor of this exciting new development.

Call 613.839.6675 or visit holitzner.com for more information on the incredible range of designs. The HighGate sales office is currently located at 139 Charlie’s Lane in Carp (Hidden Lake). For directions, visit highgate@holitzner.com. Sales office open Monday to Thursday noon to 7 p.m., Friday, Saturday, Sunday and holidays noon to 5 p.m. mar 9 - 23, 2013 | New home & Condo guide eastern Ontario 21

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

spotlight on condos

Eastern Edition March 9 - 23, 2013

Qualicum Woods Crossing

by Greatwise 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

SHARE

LOVE

We value the referrals that come from our friends. To show our appreciation, we’re offering a chance to share the joy and

THE

spotlight on condos

cash in while doing it.

C4

If your referral results in an unconditional sale of a new Cardel condo at Notting Hill South, we’ll gladly present a $1,000 reward to split between you and the buyer you referred.

You’ll get $500 cash, and the buyer will receive $500 in Design Centre credits.

Be sure to tell your colleagues, friends and family members who are considering purchasing a new condo, then speak to a Notting Hill South Sales Consultant for full details.

Cash in on your Cardel referral reward today.

Offer valid on new sales from January 31 - May 31, 2013. Cannot be combined with any other offer.

Built for real life.

CardelHomeS.Com

Sales Centre: 151 Potts Private, Unit 103 | 613.424.6780 Hours: Mon - Thurs: 12 pm – 7 pm Friday - Sun + Holidays: 12 pm – 5 pm

spotlight on condos

C5

Qualicum Woods Crossing No tax event

We pay your taxes for you*

spotlight on condos

C

C6

onstruction is now under way. For a limited time only, buyers have the opportunity to receive up to $28,000 including no taxes and bonuses including granite counter tops, five appliances and more. Come see why Qualicum woods Crossing is one of Ottawa’s fasted selling developments.

Visit our model suite today!

If you have been searching for a chic, boutique new home in the heart of the city and close to all amenities, your search is finally over!

Greatwise Developments is proud to reveal Ottawa’s first of its kind, resort style living, Qualicum Woods Crossing, located off Baseline Road just west of Greenbank Road. This five acre development is the perfect setting to start planning your dream home.

Qualicum Woods Crossing offers the feel of a quiet suburb with plenty of natural surroundings, without

sacrificing on the excitement and convenience of urban living.

Qualicum Woods Crossing is only steps away from public transit, Hwys. 417 and 416. With Canada’s largest Ikea a few blocks away, and plenty of casual dining and coffee shops, you will feel as though you are in the heart of it all. Buy a home here and you will quickly discover what you have been missing up until now: a sense of community at the most affordable prices starting for $169,900.

Qualicum Woods Crossing includes six stately four-storey condo buildings nestled in the heart of a mature neighbourhood with an abundance of parkland, mature trees and your very own Zenstyle garden. Come home from a stressful day at work and meditate by the gardens or relieve stress in the gym. Invite your family and friends over *Some conditions apply, see sales centre for details

Greatwise Developments Qualicum Woods Crossing

Location Ottawa’s West End housing type condominiums and terrace homes sales centre Monday to Thursday noon to 6 p.m., Saturday and Sunday noon to 5 p.m., closed Friday contact 613-693-0808 | qwcrossing.com

for a barbecue on the terrace or watch the game in the home theatre on the big screen. Whether you are in search of a quiet, tranquil space or in the mood to socialize and get to know your neighbours, Qualicum Woods Crossing is the perfect fit for you.

Qualicum Woods Crossing is nothing like a typical highrise condominium complex. Phase 1 now under construction includes studio suites, oneand two-bedroom suites, one- and two-bedroom suites plus den, from 403 to 1,117 sq. ft. You are sure to find the layout and size that fits your needs. Take a deep breath and admire the spacious and open-concept living space and the abundance of natural light. Each suite has stunning extra-long kitchens, and for a limited time only, save up to $28,000 on select suites with bonuses including six appliances, hardwood floors in the living/dining area, storage locker and granite counter tops. Qualicum Woods Crossing bungalow collection offers private fenced backyards for the gardener’s delight. The upper suites also provide plenty of outdoor space with spacious wrap around terraces, perfect for entertaining. You will be invited to the design centre where a designer will assist you in choosing all of your finishes, allowing you to add your own personality and style to your new home.

With prices starting as low as $169,900, it has never been so affordable to purchase a stylish, brand new home in Ottawa’s west end. The site is now under construction with expected occupancy in fall 2014.

Come home to Qualicum Woods Crossing and discover a lifestyle that is second to none.

Unit Type B: One-bedroom plus den, 677 sq. ft.

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

JUST RELEASED

t he p r i m e sui 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

Learn more

urbancapital.ca

Develops innovative green buildings, including its threephase LEED Gold Central development at Bank & McLeod

Has developed over 4,000 loft-style condominiums, including 1,200+ in Ottawa

Is a leader in revitalizing our cities’ urban cores, with trail-blazing developments since 1996 in Toronto, Ottawa, Montreal and Winnipeg

Sells most of its condominiums to repeat customers

Gives back to its local communities, including donating $100,000 to the Taggart Family downtown YMCA

Brings in top architects, interior designers, product designers and fashionistas from around the country to speak at its annual Trends in Design series

Did you know

Urban Capital...

Was the first to bring high-design newconstruction lofts to Ottawa with the East Market back in 2001

Supports local businesses.

Want proof? Check out urbaina.com, their customer loyalty program

Loves urban living

Is working on a number of new developments today for an even better Ottawa tomorrow

CHECK OUT THEIR CURRENT DEVELOPMENTS

central2.com

hideawayatcentral.ca

spotlight on condos

Loves to party.

A launch, groundbreaking, topping off, move-in… give them an excuse and they will bring the cocktails

Is a big supporter of design, sponsoring the Design Exchange, Canada’s Design Museum; Azure Magazine’s annual AZ Design Awards; and Canada’s entries to the Venice Biennale

SALES CENTRE 455 Bank St at McLeod, next to Starbucks 613.789.5475 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

spotlight on condos C14

28th Floor Parkdale Club Terrace

A new luxury condominium is coming. Get ready to be awed and amazed by over 12,000 square feet of luxurious indoor and outdoor amenity space. Indulge your senses with an exquisite podium garden, state-of-the-art fitness centre, elegant dining rooms, expansive lounges and rooftop terraces with sweeping views across the city and river. Register today for our preview opening.

spotlight on condos

C15

C18

spotlight on condos

Meet Ottawa’s Hottest New Project

Sales Centre with Fully Furnished Model Suite 203 Catherine St (East of Bank) One Bedroom, Two Bedroom and Penthouses from $179,900

Slater St Laurier Ave W

Sat + Sun 12-5 | Mon - Wed 12-6 | Thu 3-8 | Fri Closed

twitter.com/bradjlamb

For more info, call 613.257.8887

Gladstone Ave

Catherine St

Queensway/Hwy417

N

Elgin St

O’Connor St

Kent St

SoBaOttawa.com

Somerset St W Metcalfe St

EXCLUSIVE BROKER

Bank St

DEVELOPER

spotlight on condos

Now Open!

C19

C20

spotlight on condos

spotlight on condos

C21

homesmarts

Investing in your home: Take the long view

by Marnie Bennett If you’re reading this magazine, chances are you have

the intention of finding the perfect home for you and your family; a place to live happily and put down roots. Whether you’re new to the market or an experienced homeowner, that’s a worthwhile goal.

Now, I’d like to help you look at that goal from a slightly different perspective: your home is also likely the largest financial investment you’ll ever make.

When the time comes to move on, the increased value of your home will yield money you can put in the bank – or, better yet, towards your next real estate investment.

Thinking of real estate with an eye to its future worth can help you to make important decisions during the new home search. It may encourage you to purchase a home in an up-and-coming part of town rather than a wellestablished area, with the knowledge that property values will rise as the neighbourhood is gentrified. It may mean looking into the zoning for nearby undeveloped land to ensure that your home won’t wind up next to an industrial park, bringing property values down.

Helping your investment stand the test of time may mean choosing a neutral kitchen backsplash rather than a trendier option. It may even mean selecting design features that you personally don’t consider important: just because you favour showers over baths, for instance, doesn’t mean it’s a good idea to skip the bathtub in your master en-suite. Ten years down the road, that missing bathtub may be a deal-breaker for many prospective purchasers.

Once you’re settled, it’s Real estate is one of the few important to keep the investments you can enjoy from value of your investment beginning to end. While stocks high. That means proper and bonds put your assets out upkeep and getting of reach until you decide to feedback from your real cash them in, a home is a estate agent before tangible investment that undertak ing any renovations. Landscaping surrounds your family with is a terrific, cost-effective comfort every day.

C22 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

Marnie Bennett is a broker and 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

way to add value to your home: a sapling costs very little, but in time it will grow to be a beautiful, irreplaceable asset.

Real estate is one of the few investments you can enjoy from beginning to end. While stocks and bonds put your assets out of reach until you decide to cash them in, a home is a tangible investment that surrounds your family with comfort every day.

To receive a FREE copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars W h e n Yo u B u y ” e m a i l sales@bennettpros.com

LIVE ON THE PARK WALK TO THE RIVER

PARKSIDE EXECUTIVE STACKED TOWN HOMES

Model Open Weekday Mon.–Wed. 4–7pm Weekends 12pm to 4pm

Upper Eastside

Montreal Rd. Queensway

Immediate Closings Upgrades Included SEE AGENT FOR DETAILS ON UNITS AND CONDO FEE PROGRAM.

spotlight on condos

LY N O Y R T R F E U L H MES 6 HO

Hemlock Rd.

C23

C24

spotlight on condos

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

THE WESTIN OTTAWA 11 Colonel By Drive, Ottawa, ON K1N 9H4

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

spotlight on condos

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

C25

howtofindahome

The ideal community: Factors & features to consider When choosing a new home, your choice

involves more than the home itself. Often, homebuyers are so wrapped up in the home that they forget the importance of the surrounding community. Do you dream of a smaller community that is unique and charming? Or, are you willing to sacrifice peace and quiet to be closer to big-city amenities and other conveniences?

Start by making a list of the desired lifestyle factors that are most important to you and your family.

Consider location, proximity to work and schools, activities and local attractions in the community.

“There are many factors involved in selecting the right community in which to buy your home,” suggests Sandra Webb, a senior executive at Royal LePage Canada. “Deciding what’s important to you and your family is the first step in finding your ideal match.”

Knowing your requirements will help narrow your home search and save time. What are the most important amenities for you? Do you want to be close to parks and forests, or restaurants and shops? What types of activities are you and your family likely to be involved with? The answers to these questions will help you determine what type of neighbourhood or community is best for you and help you locate the perfect home.

For further insight on buying a home, visit the website at royallepage.ca NC C26 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

“There are many factors involved in selecting the right community in which to buy your home.

Deciding what’s important to you and your family is the first step in finding your ideal match.”

10 important questions to ask yourself before you buy: 10 Where will the kids go to school, and how will

they get there?

09 Are there parks, recreation centres, places of

worship close by?

08 Where will you do your grocery shopping?

07 Does the area offer easy access to banks, offices

and services?

06 Is the highway easily accessible?

05 How far away is the nearest public transportation

stop?

04 How far are you from work?

03 What are the commuting costs to work, family

and friends?

02 Is there any major development planned for the

area in the future?

01 Can you see yourself living and growing in this

community for the next five, 10, 15 years?

spotlight on condos

C27

finances

TAX TIME

Be aware of new provincial tax changes The Certified General Accountants

of Ontario advise of a number of provincial tax changes for filers this year: Increased threshold for all income tax brackets

›› Taxable income thresholds in all three Ontario provincial tax brackets were increased by 3.3 per cent in 2012, reflecting changes to Canada’s consumer price index (CPI) in Ontario. All indexed non-refundable tax credits also increased by 3.3 per cent.

New high income tax bracket

›› The Ontario government has introduced a new tax bracket. Beginning in 2012, individuals will be taxed at a rate of 12.16 per cent on that portion of their income in excess of $500,000 annually. That will increase to 13.16 per cent in 2013. ›› T his is supposed to be a temporary tax bracket until Ontario’s deficit has been eliminated in several years.

Ontario Trillium Benefit

›› Effective July 2012, the Ontario Trillium Benefit combines payments from the Ontario sales tax credit, Ontario energy and property tax credit, and Northern Ontario energy credit. Further details are available on page 117 in the chapter on Ontario Provincial Tax. Healthy homes renovation tax credit

›› In 2012, Ontario introduced a refundable Healthy Homes Renovation Tax Credit, which is designed to assist senior citizens with the cost of permanent home modifications required to improve accessibility or assist with mobility to and within their home.

C28 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

The Certified General Accountants of Ontario advise of a number of provincial tax changes for filers this year ›› This credit is calculated as 15 per cent on up to $10,000, or $1,500, to cover eligible annual expenses (wheelchair ramps, widening passage doors, hand rails in corridors), among other qualifying expenditures. ›› Couples who are living together may only claim up to $10,000 in qualifying expenses in total. Family members who live with an elderly relative may claim this expense on behalf of the household. Couples who live separately because of medical or other reasons may each claim up to $10,000. ›› F or the 2012 tax year, eligible expenses will qualify for this credit if they were incurred between Oct. 1, 2011 and Dec. 31, 2012. In future years, expenses can only be incurred within the corresponding calendar year.

Additional information regarding federal and provincial tax changes is available online at cga.ontario.org NC

spotlight on condos

C29

feature

AV Ridge

Urban convenience with the Alta Vista lifestyle

A

V Ridge in the long-established Alta Vista neighbourhood offers beautiful urban flat condominiums from Ottawa’s fastest growing boutique builder, Theberge Homes. These euro flats and terrace townhomes offer entry-level homebuyers the perfect opportunity to invest in homeownership with the low starting price of $199,900!

Theberge Homes discovered this property pocket surrounded by traditional homes and mature trees, enabling them to partner location, C30 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

affordability and lifestyle. Located just off St. Laurent Blvd., near the world-renowned Canada Museum of Science and Technology, Alta Vista is one of Ottawa’s most established neighbourhoods.

This popular development is large enough to form a community of its own, yet has quick access to all the city’s amenities. Shopping is minutes away at St. Laurent Shopping Centre, as well as the Trainyards, Elmvale Acres and the big box stores including Costco and HomeSense. There are grocery stores, restaurants

and all the services you need, along with proximity to four of Ottawa’s major hospital campuses: the Riverside, the General, the Children’s Hospital of Eastern Ontario – all on Smyth and the Montfort near Aviation Parkway.

You can be downtown in minutes, and have easy access to major roadways such as the Queensway. The train station is literally just up the road. Take Riverside Drive the other direction and the airport is close by.

Bus routes are plentiful. Recreation facilities such as parks and pools abound, and some of Ottawa’s famous athletic facilities are nearby, including The Athletic Club at the Trainyards, the Ottawa Athletic Club with their excellent tennis and golf schools, and the Minto Sportsplex, home to many of Canada’s greatest skaters.

And what a price point! This is a rare opportunity to move straight into homeownership. Urban flats start at a mere $199,900. With Phase 3 Terrace Towns just being released, homebuyers still have the opportunity to take advantage of this location. The new floorplans offer something for everyone, with square footages ranging from 729 to 1,262 (including balconies).

Says Theberge Homes President Joseph Theberge, “It’s no wonder AV Ridge is 80 per cent sold. It’s a large site with its own neighbourhood and this is the last chance for preconstruction prices.”

That’s right, construction has started and prices are anticipated to increase shortly.

So get in on the ground floor now and save thousands. Excellent location, easy access, established neighbourhood and affordable prices – your new home could be a reality soon.

The urban flats have one or two bedrooms, one or two bathrooms and a large terrace in each unit. Buildings are lowrise with landscaped grounds and exteriors that grace the neighbourhood.

Interiors feature contemporary open-concept designs and gorgeous finishes such as ceramic flooring in kitchen and bath, Berber carpeting and gourmet kitchens for entertaining.

Theberge Homes also offers terrace townhomes at AV Ridge, which offer additional space. Lower units also get a good-sized backyard.

Theberge Homes AV Ridge

To view AV Ridge model homes, visit the sales office on St. Laurent Blvd. near Smyth Road, Monday to Wednesday noon to 6 p.m., or Saturday and Sunday noon to 5 p.m. Call 613.680.4744, or visit avridge.com or thebergehomes.com. But act fast! Other recent Theberge Homes products such as Westwood Hills, East Central and Wellington at Island Park are sold out. West Pines has only two units remaining starting at $269,900.

Exclusive Brokerage – Bennett Property Shop Realty 613.233.8606 | bennettpros.com Location Alta Vista, Ottawa housing type Urban flats 729 to 1,048 sq. ft., terrace townhomes 1,055 to 1,262 sq. ft. starting price Starting at $199,900 sales office St. Laurent Blvd. between Smyth and Industrial contact 613.680.4744 |avridge.com | thebergehomes.com

mar 9 - 23, 2013 | New home & Condo guide eastern Ontario C31

C32

spotlight on condos

Unique in Westboro Have you dreamed of living in a gracious brownstone townhome, in a lovely old neighbourhood, surrounded by families and retirees and young professionals? Have you wished for something in Westboro, but without the old house hassle? Have you wanted to stroll along quiet tree-lined streets until you come to the old church, and your home?

Barry J. Hobin & Associates Architects Inc.

Artist’s Concept

Ravenhill Common A private enclave of 19 freehold towns designed

by Barry J. Hobin & Associates Architects Inc. will create a striking harmony of heritage and contemporary design.

Located just two blocks from the heart of Westboro, these stunning open concept two- and three-bedroom homes range in size from 1,360 to 1,930 sq. ft. and include such features as direct access from underground garage, two-storey galleries and open lofts, private rear terraces and roof-top decks.

50% sold! Choice locations still available. Prices from $599,400.

Spring 2014 occupancy.

Sales Centre and Decorated Model 461 Edison Avenue ravenhillcommon.com Monday to Wednesday Noon to 7 p.m.

Weekends and holidays Noon to 5 p.m.

Thursday and Friday Closed ND

RD

VE NA

RO

O HM

BY

C RI

613-825-0080

AVE ILL

H

AVE

VE NA

ILL

ISO

CH

ED

UR

CH

VEN RA

mar 9 - 23, 2013 | New home & Condo guide eastern Ontario 25

tarionreport

Your new home comes with a

Tarion backed warranty by howard bogach

Welcome to my first column in New Home & Condo

Guide. I’m excited to have this opportunity to share information about your home’s new warranty. If you have questions about what you read or there’s a topic you’d like me to cover, please drop us at note on our Facebook page at facebook.com/TarionWarrantyCorp.

When buying a new home, there are many decisions to make; downtown or suburbs, two bedroom or three, hardwood or laminate? But the one decision you don’t have to make is about your new home’s warranty.

That’s because almost every new home sold in Ontario comes with a builder’s warranty, backed by Tarion.

The warranty process starts before your builder even breaks ground, and lasts for seven years from when your new home is completed and ready for possession. Although it is often lumped into one warranty for simplicity’s sake, in reality, just about all new homes in Ontario come with deposit and delayed closing protection in addition to three separate warranties that provide different types of coverage at different points in the life cycle of your home.

Your deposit protection and delayed closing protection begins before you move in. Deposits are protected up to a maximum of $40,000 for freehold homes in the event that your builder goes bankrupt, breaches the purchase agreement or in situations where you are legally entitled to back out of the purchase agreement before closing.

Deposits made on condominiums are protected for similar circumstances, up to a maximum of $20,000. Deposit amounts exceeding that are protected under the Condominium Act. The delayed closing and occupancy provision means your builder guarantees that your home will be ready for move in either by a date specified in the purchase agreement or by a date that has been properly extended if circumstances occur that delay the home’s completion. In many cases, your builder will be required to compensate you if a delay occurs.

The one-, two- and seven-year warranties begin when your home is complete and ready for possession. The one-year warranty covers defects 26 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

Howard Bogach is President and CEO of Tarion Warranty Corp. His column appears monthly in New Home & Condo Guide. For more information about how Tarion helps new-home buyers, visit tarion.com or Facebook at facebook.com/TarionWarrantyCorp.

in work and material, protects against unauthorized substitutions and ensures your home is fit for habitation and constructed according to the Ontario Building Code. The first year warranty includes almost everything inside and outside your home that was provided by the builder, from flooring to drywall to heating and air conditioning systems and is in place for one year from your home’s date of possession.

The two-year warranty protects against water penetration through the basement or foundation walls; defects in materials that affect windows, doors and caulking and defects in work that result in water penetration into the building envelope. It also covers defects in work or materials in the electrical, plumbing and heating delivery and distribution systems, and defects in work or materials that result in the detachment, displacement or deterioration of exterior cladding, such as brickwork, aluminum or vinyl siding. It continues to provide protection against violations of the Ontario Building Code that affect health and safety and applies for two years, beginning on the home’s date of possession.

The seven-year warranty, referred to as the Major Structural Defect Warranty, provides coverage for any defect in work or materials that results in failure of a structural, load-bearing element of the building or one that would reduce the expected life span of a structural element.

It also includes protection against a defect that adversely affects the use of the home.

If you’re looking to buy a condo, you’ll also have extra warranty coverage for the common elements of your condominium.

mar 9 - 23, 2013 | New home & Condo guide eastern Ontario 27

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property.

That’s why we put you right in the middle of the search process.

Search your favourite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

Powered by

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

inthenews

Retirement planning at the click of a mouse: Canadians embrace DIY investing

One in five Canadians now

manage their investments the same way they make common lifestyle purchases: they go online. The TD Direct Investing Poll found the majority of Canadians now book travel (60 per cent), research car purchases (59 per cent) and buy event tickets (58 per cent) online. Many also enjoy the ease and convenience of the Internet to manage their financial future, with 41 per cent researching investment options online and 22 per cent managing their investments online. In addition, 13 per cent said they invest online more frequently than they did five years ago.

“Self-directed investing is a great way to plan and manage your retirement nest-egg – and it’s never too early to start planning for your golden years,” says Rowena Chan, vice-president, TD Direct Investing. “There is a wide variety of innovative tools and resources available to support investors in their long-term strategies and help them make informed decisions. That’s one of the reasons we recently changed our name to TD Direct Investing from TD Waterhouse Discount Brokerage – to reflect that our services enable investors to personally navigate the markets, and help them become confident and successful investors.”

Going online to maximize your time When you’re busy, you look for ways to make the best use of the limited hours in the day, and cut down unnecessary activities. The poll found that Canadians who perform tasks online rather than the traditional way, say the greatest benefits are: saving time (82 per cent), doing things on their own timeline (75 per cent) and having access to lots of information (55 per cent).

There is a wide variety of innovative tools and resources available to support investors in their long-term strategies and help them make informed decisions.

C O N T I N U E D on p a g e 3 0 . . . mar 9 - 23, 2013 | New home & Condo guide eastern Ontario 29

inthenews |

CONTINUED

“Even with everything Canadians have on the go, it’s essential to prioritize planning and saving for retirement. The earlier you start, and make it a part of your lifestyle, the easier it will be to accumulate your retirement savings. There are many benefits to managing your own investments – including the ability to view and make changes to your portfolio where and when it’s convenient for you – you have power and control over investing for your financial future.”

With the start of a new year, many are open to trying new things to improve their lifestyle. Chan offers some tips and online resources that can help you get started and meet your financial goals: Decide what you want, and how you’ll get there: There are helpful tools online such as calculators that will help determine what you need to save for retirement.

There is also a variety of research resources online including articles, webinars and online videos.

“When you’re familiar with the investment products available and how they can fit within your portfolio and your retirement savings strategy, you can feel confident that you’re making informed decisions,” says Chan.

Make your financial future a priority: It’s important to invest the time to research, determine your strategy and get comfortable with the different products and platforms at your disposal, especially if you’re a new investor. This will give you greater control and flexibility to manage your portfolio when and where it’s convenient for you, either at home, at work, or on the go with the TD Mobile App. “When you invest online, you control your portfolio, and you still have access to tools and resources, so you can be confident you are taking the right steps towards a comfortable retirement,” says Chan.

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

Start slowly, then work your way up at your own pace: You can start by moving one or a few of your investments online until you’re familiar with the platform and tools. When you’re comfortable, you can use direct investing to more actively control your entire portfolio.

“There is a variety of online resources and platforms available, tailored to investors at any level, from new investors, to experienced and active traders,” adds Chan. “If you have questions, we have 24/7 support available online and by phone, as well as in-person support in our 33 investor centres.”

SO MUCH for so little!

ONLY $802/mth

Stop dreaming, start owning!

P BOHA N SE US 1

own with 5% D sive lu c x and our E

/5yr.

3.25% g Package

Financin

††

RECEIVE

7500

$

†

IN UPGRADES Limited time offer.

IMMEDIATE OCCUPANCY!

ONLY 2

UNITS LEFT IN PHASE 1

See for yourself why first-time homebuyers are flocking to take advantage of the new home value at Kemtpville Meadows! With only 5% down, you’ll get the incredible value of a new home plus, Kemptville Meadows puts you close to urban conveniences such as shopping, schools, hospitals, parks and more.

Just 25 Minutes to HWY 417/Bayshore.

Stacked Townhomes from 1138 sq.ft.

219,500

$

from

*

Sales Office Hours: Monday to Thursday 12pm - 8pm, Friday Closed, Saturday, Sunday & Holidays 11am - 5pm 206 Fir Lane [Follow the signs from Hwy 416 (Exit 34 for Hwy43)]

kemptvillemeadows.ca | 613 366 2007 †Limited time offer. †† Monthly Payment based on principal and interest. See sales representative for details. *Prices and specifications are subject to change without notice. E. & O. E. mar 9 - 23, 2013 | New home & Condo guide eastern Ontario 31

IT’S NOT TOO LATE TO…

DISCOVER EASTERN ONTARIO’S HOME BUILDERONE STORY AT A TIME • Larger Format • Industry Insights by Eastern Ontario’s Home Building Leaders • Detailed Home Builder Stories • Mortgage and Legal Advice

2012 The Only Complete Resource Directory of Eastern Ontario Home Builders

Discover Ottawa/Gatineau’s top builders and developers – one success story at a time ›› EXPERT PANEL: Why now is a great time to buy ›› MORTGAGE ADVICE: Beware of mortgage rate fixation

2012 Home Builders’Annual Now Available!

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

2012 ANNUAL Cover_EO-FINAL.indd 1

3/8/12 1:48:31 PM

homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

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

fundamentallyspeaking

How to find a home?

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

Pay attention to location, information and timing

by Wayne Karl

Timing

Despite what you often hear, buying a home isn’t only

about location, location, location. True, this is the time-tested first rule of real estate, but there are other determining factors you must consider as part of your selection process. Indeed, there’s a new rule of thumb for buying real estate.

Location

First, what does that old adage really mean? Of course, we’d all love a highend home in the best neighbourhood. But that’s not always possible. For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home; the more of them your home has when you go to sell, the more desirable it will be to a greater number of people. This equates to demand – multiple offers and a higher price.

Information

Whether you’re a first-time homeowner, “buying up” to accommodate a growing family or “right-sizing” as an empty nester, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in this magazine, to the resources available to you at Canada Mortgage and Housing Corp. (CMHC), to the local market expertise of new-home sales staff and realtors, the more knowledge you have, the better equipped you are to make informed decisions about buying, maintaining and eventually selling your home.

Though your home is your primary residence, it is also an investment.

Where you buy is usually determined largely by where you want to live, work and play. But when you buy and sell is also important. Like any financial instrument, real estate can fluctuate in value and your timing can determine how good of an investment it is. Given today’s challenging economic climate, there’s no shortage of media reports on the ups, downs, crashes and surges of the housing market. But if you’ve done your research, you won’t be spooked – or excited – by big-picture reports on short-term market performance. You know that real estate is not national or even regional – it’s very specific. You don’t buy the Canadian market and you don’t buy a provincial or even regional market. You buy a specific home, on a specific street in a specific neighbourhood.

So, it’s not just about “location, location, location.” The new adage is “location, information and timing.” Do well with all three, and over the long haul your home is going to be one of the best lifestyle and investment decisions you ever made.

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

feature

Buying that first home

With advice from Mother of the Bride

by Elisa Krovblit W hen you’re planning your

wedding, it feels like there are a million things to think about and no time to get them all done. In reality, the average engagement is somewhere between a year and a year-and-a-half, so the time between “Will you marry me?” and “I do” is Many newlyweds find action-packed decisions they have a decent down with and appointments. payment, providing a While some of window of opportunity to them may not be get into the real terribly critical – estate market. Should the linens be white? Which limo company has the best vintage cars? – others are more crucial – Where are we going to live once we’re married? What’s the bride’s mother 34 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

going to wear?

Okay, so maybe the bride’s mother’s dress isn’t the most important matter to think about for the wedding, but you better believe it will be a hot topic.

Having premiered on Slice in January, Mother of the Bride is proving that mom’s dress selection is nearly as critical as the big white gown.

Barbara Tibbetts and her daughter Terrie own wedding salon T. Carolyn Fashions. Terrie’s husband Dante also works in the shop, ensuring everyone is perfectly accessorized, down to the last rhinestone. Each episode of Mother of the Bride presents the trials, tribulations and family frustrations surrounding that ever-important dress selection.

This mom and daughter duo have sold more than 100,000 dresses over more than 21 years in the business, and they’ve seen it all. Since life is often stranger than fiction, this emotionally charged purchase makes for great TV. As they say, “Mother knows best.” While finding the perfect dress is important, these mothers of the bride are

also the go-to advisers for other pressing decisions – such as where to live after the wedding.

Where once upon a time a woman was expected to move from her parents’ place into the marital home, modern reality is much different.

People are dating longer, getting married older. Couples aren’t waiting to tie the knot before they begin living together. But whether renting, owning, cohabitating or waiting to move out from mom and dad’s, for a large number of couples, the logistics and living arrangements after the wedding are big decisions. Many newlyweds find they have a decent down payment, providing a window of opportunity to get into the real estate market.

Whichever threshold the bride gets carried over, couples need to take the time to find the right home: ensure it’s the perfect place to hang those beautiful wedding photos showing of the happiest day of their life – and of course pictures of the beaming and beautiful mother of the bride!

Marion Bates’ daughter Mandy chose to move into the home her fiancé – now husband – already owned when they met. But it’s an older house with small closets, and the guest bathroom has dated pink tile throughout. As Marion sees it, “It would be nice if Mandy and Jeff had a large home with room to entertain. They have many friends and relatives who love to drop in, and love to have parties. Mandy has a dinner party at least once a week.

Since she is a dietician, she enjoys cooking and trying new recipes, so a highly functional kitchen is absolutely necessary.”

Kari Grey-Smith is seeing history repeat itself as daughter and new sonin-law are not even in the same area code, let alone the same home. These newlyweds’ jobs necessitate a long-

distance arrangement, which Kari says she went through with her own husband when they were first married.

Because of their employment situation, the couple continues to spend some time apart. And since they’re not together, they continue to rent – but Kari hopes they’ll be together very soon, and hopes a purchase, somewhere closer to her, is in the near future.

When they are able to balance location and careers, a condo near mom might be the perfect answer if they choose an urban location. If they settle on the suburbs, the choice more likely would be a new home. Cash wedding gifts provided a nice down payment, making homeownership possible.

While mother may think she knows best, the market more so dictates what new couples can afford. Lifestyle choices also come into play. A downtown condo and a suburban two-storey detached home may carry a similar price tag. The answer to the cohabitation question has to respond to lifestyle needs and wants. It may take a compromise on commute. It may be the need for space to start a family. It may be the idea of enjoying the honeymoon period with something smaller and then buying larger in the future. Or it may be a combination of both.

With many couples waiting until later for their first marriage, or moving onto their second marriage, those who are more established financially and in their careers have different options.

Whichever threshold the bride gets carried over, couples need to take the time to find the right home: ensure it’s the perfect place to hang those beautiful wedding photos showing of the happiest day of their life – and of course pictures of the beaming and beautiful mother of the bride!

Mother of the Bride airs on Slice Fridays with back-to-back episodes at 9 and 9:30 pm. slice.ca

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

ottawa

hot sheet

Ottawa Eastern Ontario Gatineau Regions

ashcroft Homes Central Park • the next 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. 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 New landmark exterior composed of metal, glass and masonry built to LEED ecological standards, contemporary architecture offers you energy efficient, ecological and innovative 14-storey modern structure. Windows engineered for thermal efficiency give abundant natural light in every living space. Already 50 per cent sold. Pre-construction pricing still in effect! cartierwellington.ca Construction Chabitat Gatineau • Les Vieux Moulins 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 Opening soon – Fernbank Crossing: a new master-planned community with parks and open greenspace within easy walking distance of shopping.

Detached bungalows on 42- and 50-ft. lots, as well a limited release of semis. Site location, 5611 Fernbank Rd. Sales trailer location, corner of Tillsonburg and Terry Fox Dr. Contact: sales@fernbankcrossing.com eqhomes.com 36 New home & Condo guide eastern Ontario | mar 9 - 23, 2013

Kanata • Foxwood Condo apartments. eqhomes.com Holitzner Homes CARP • HIDDEN LAKE The only large lot development in the West End, this private enclave features award-winning single-family homes, bungalows and two-storey 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-ft. lots, from 110- to 175-ft. deep. Pie shaped lots in a quite cul de sac and some lots backing onto greenspace. All homes are Energy Star qualified. Starting in the low $400’s. 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 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 on 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 introduces the Maplewood 1 model to its Deer Run community lineup. At 3,200 sq. ft. plus open space, this home features a open loft at the second floor, circular staircase, walk in closet in most bedrooms, open to below area, laundry mudroom on main floor. Visit the sales office on Rockson Crescent Saturdays and Sundays between noon and 5 p.m. or call 613-296-7000. Deer Run model home now open. metrichomes.com

WESTBORO • 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 highrise 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. Located two blocks from the heart of Westboro, open concept two- and three-bedroom homes from 1,360 to 1,930 sq. ft., with direct access from underground parking garage, two-storey galleries and open lofts, private rear terrace and roof top decks. 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 – 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 – 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 two-storeys on 50- and 60-ft. lots. Talos will be keeping some popular models and introducing some new models to its lineup. Call 613-270-0777 or visit taloshomes.com to register.

Richmond • Richmond Gate Coming soon – single-family homes, both bungalow and two-storeys.

Talos will be keeping some popular models and introducing some new models to its lineup. Call 613-270-0777 or visit taloshomes.com to register.

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 include fitness centre, lounge and dining room, terrace with hot tub and outdoor kitchen, theatre and games room. Suite features include standard kitchen islands, five-ft. glass walk-in shower, stainless steel appliance package, hardwood throughout, quartz counters, nine-ft. ceilings, views of the Ottawa River. Suites range from studio to twostorey 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 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

mar 9 - 23, 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 | mar 9 - 23, 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 mar 9 - 23, 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 Arnprior

Campanale

Riverwood Estates

x

x

x

x

Carp

Holitzner

Hidden Lake

Kanata

Claridge Homes

Bridlewood Trails

x

From $199,900

14, 15

Kanata

Mattamy

Fairwinds

x

x

From $219,990

6, 7

Kanata

Mattamy

Monahan Landing

x

From $219,990

6, 7

Kanata

Monarch

Blackstone

Inquire

4, 5

Kanata

Monarch

Trailwest

Kanata

Phoenix

Fernbank Crossing

Kanata

Tartan

Trailwest

Kanata

Uniform Developments

Richardson Ridge

Kanata

Valecraft

Trailwest

x

From high $200's

11

Kemptville

Stanley Fields

Kemptville Meadows

x

From $219,500

31

Stittsville

Holitzner

Deer run

Stittsville

Metric

Stittsville

Tamarack

x

x x

Inquire

22

Inquire

2

From high $200's

11

x

From $383,400

29

x

From low $300's

11

x

$497,000

9

x

Inquire

2

Arbourbrook Estates

x

Inquire

8

Jackson Trails

x

Inquire

BC

Central Craig Henry

Larco

Accolade

x

From $369,000

3

Westboro

Springcress

Ravenhill Common

x

From $599,400

25

SOUTH Barhaven

Claridge Homes

West Pointe Village

x

x

x

Barrhaven

Holitzner

Fraser Fields

x

Inquire

2

Barrhaven

Larco

Longfields

x

Inquire

3

Barrhaven

Mattamy

Half moon Bay

x

Barrhaven

Tamarack

The Meadows

Findlay Creek

Claridge Homes

Hunt club

x x

From $281,900

14, 15

$219,990

6,7

x

Inquire

BC

Sundance

x

From $285,900

Larco

Solera

x

Hunt club

Longwood

Huntclub Bungalows

Kemptville

EQ Homes

Kemptville

x

Kemptville

Settlers' Grant

Leitrim

x

x

3

Inquire

16, 17

x

Inquire

15

Settlers' Grant

x

Inquire

18

Tamarack

Findlay Creek

x

x

Inquire

BC

Nepean

Monarch

Stonebridge

x

x

Inquire

4, 5

Nepean

Monarch

The Links

x

Low $200's

4, 5

Richmond

Metric

King's Grant

x

x

Inquire

Riverside South

Claridge Homes

Summerhill Village

x

x

From $280,900

x

Findlay Creek

South Ottawa

Prince of Wales on the Rideau

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

x

x

x

South East Ottawa Tamarack Campanale

x

From mid $600,000

14, 15

8 14, 15

x

Inquire

BC

x

Inquire

27

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

8

Navan

Claridge Homes

Spring Valley Trails

x

x

x

From $274,900

Navan

Ashcroft Homes

Eastboro

x

Inquire

IBC

Orleans

Claridge Homes

Royal Ridge

x

Inquire

14, 15

Orleans

Metric

Notting Hill

x

Inquire

8

Orleans

Phoenix

Hillside Vista

Orleans

Tamarack

Chaperal

x

Rockland

Longwood

Morris Village

x

x

x

x

14, 15

x

From $247,000

23

x

Inquire

BC

Inquire

16, 17

x

CONDO Aylmer

Construction Katasa

Chateau Cartier

x

From $280,500

C2

Barrhaven

Campanale

Longfields

x

Inquire

C24

Central

Ashcroft

Qwest/HotelRe/The Next

x

Inquire

C8

Central

Claridge Homes

Fusion

x

From $264,000

C14, C15

Central

Claridge Homes

Tribeca

x

From $227,000

C14, C15

Central

Claridge Homes

Waterstreet

x

From $192,000

C14, C15

Central

Domicile

The Kavanaugh

x

Inquire

C15

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

Claridge Homes

Claridge Plaza 3 & 4

x

From $201,000

C14, C15

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

Hunt club

Claridge Homes

Huntclub Flats

x

From $332,900

C14, C15

Nepean

Claridge Homes

Stirling Park

x

From $257,000

C14, C15

Orleans

Claridge Homes

Royal Ridge

x

From $205,900

C14, C15

Ottawa Central

Urbandale Corporation

99 Parkdale

x

Inquire

C14

Ottawa West

Minto

Upper West

x

Inquire

C13

Ottawa West

Phoenix

Pointe West

x

From $221,600

C32

South Ottawa

Theberge Homes

Alta Vista Ridge

x

From $199,900

C29

Vanier

Claridge Homes

La Tiffani 2

x

From $240,000

C14, C15

West Ottawa

Qualicum

Woods Crossing

x

From $169,900

C5

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

Please see advertisers ads for Site locations

42 New home & Condo guide eastern Ontario | mar 9 - 23, 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.

Upgrade YoUr Life!

ORlEANs 613-837-1511

BARRHAVEN 613-6 92-0 5 00

l E itR i m 613-247-00 81