Eastern Ontario New Home & Condo Guide - Mar 8, 2014

March 8 - 22, 2014 Volume 14 Issue 5

Eastern Ontario Edition

inside this issue

TIPS TO HELP YOU FIND THE PERFECT HOME

Your Best Source for New Homes and Condos

INSPECT YOUR HOME BEFORE YOU BUY

GREAT SPACES FOR AGING GRACEFULLY

MOVE FAST!

SEMI-DETACHED INVENTORY CLEARANCE Amato only 2 left- 1955 sq.ft. - 3bdrs/2.5bths Was $389,900 Now $359,900 Save $30k!

Verona bungalow only 1 Left - 1982 sq.ft. - 3bdrs/2.5bths Was $409,900 Now $374,900 Save $35k!

Verona Model Home- 1982 Sq.ft. - 3bdrs/2.5bths Loaded with Upgrades Now $439,900

Move in just 60 days and Save up to $35,000 FIELD

FALLOW

IDGE DR AR

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Standard finishings include: Brick & Stucco front elevations, Hardwood flooring on main floor, Gas Fireplace, Granite Countertops, Oak handrails and Spindles, Custom Crafted Kitchen and Bathroom Cabinetry, 9ft. ceilings in the Finished Lower Level and More!

DHERD STRAN

Sales Centre Open: Mon - Thurs 12 - 7pm Fri - Sun & Holidays 12 - 5 pm

Call 613-668-7207 3

Monarch first.

Before the ‘60’s changed the world.

Before the Baby Boom began. Before the Roaring ‘20’s took us dancing to the Charleston or out to the movies, Monarch was here. First. For 96 years, families have trusted Monarch for the most important investment of their lives.

So choose the one builder who has always been there for Canadian families.

And visit Monarch. First.

4

INCREDIBLE INVENTORY INCENTIVES AT ALL MONARCH COMMUNITIES NEPEAN | LINKS AT STONEBRIDGE $15,000 OFF PRICE ON SELECT STACKED TOWNS INVENTORY STACKED TOWNHOMES FROM THE LOW $200,000’s Sales Centre located at 610 Kilbirnie Drive (Kilbirnie Drive & Dundonald Drive) 613-692-9284

NEPEAN | STONEBRIDGE $20,000 OFF PRICE ON SELECT INVENTORY SINGLES EXECUTIVE TOWNHOMES FROM THE LOW $300,000’s EXECUTIVE SINGLES FROM THE MID $400,000’s Sales Centre located at 610 Kilbirnie Drive (Kilbirnie Drive & Dundonald Drive) 613-692-9284

KANATA | BLACKSTONE $30,000 BONUS VALUE ON SELECT INVENTORY HOMES TRADITIONAL TOWNHOMES FROM THE UPPER $200,000’s ALL NEW 32’ SINGLES FROM THE UPPER $300,000’s EXECUTIVE 46’ SINGLES FROM THE MID $400,000’s Sales Centre located at 110 Westphalian Avenue 613-831-2619

NEPEAN | LONGFIELDS $10,000 OFF PRICE ON ALL INVENTORY HOMES COURTYARD TOWNHOMES FROM THE LOW $300,000’s SEMI-DETACHED FROM THE UPPER $300,000’s Sales Centre located at 280 Longfields Drive (Longfields Drive and Beatrice Drive) 613-569-5313

MOVE IN SOON & SAVE THOUSANDS

HOURS: Monday – Thursday: 1pm – 8pm, Friday, Weekends & Holidays: 12pm – 5pm

discover more

MonarchGroup.net

first.

Other promotional offers do not apply with this promotion. Prices and specifications subject to change without notice. *Extras noted above are as per plan and as specified by Vendor and as per Vendor’s delineated and graded samples. Some restrictions may apply. Extras to be chosen at Monarch’s Home Design Studio. Please see sales associate for additional details. E. & O.E. 9635 5

mattamyhomes.com

Live In Style In Barrhaven & Kanata.

Take A Tour Of Our New Model Homes In Half Moon Bay & Monahan Landing.

Today find well appointed style and affordabilty in our 3 Mattamy communities.

You have the choice of 3 established neighbourhoods all with parks and playgrounds, walking/biking trails and plenty of greenspace in each.

Both Monahan Landing and Half Moon Bay have brand new model homes open to tour. Come visit any or all of our 2 Sales Centres to find the home that best suits your family’s style of living.

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 - Only 7 Detached Homes Remaining!

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Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hardwood Floors In Lieu Of Carpet On Main, Hearth And Home PPO & Rec. Room Ready PPO.

Double Car Garage Home, The Elm ‘A’, 1,902 Sq.Ft., $374,990

Includes: 9' Main Floor Ceilings PPO, Granite Countertops In Kitchen, Hardwood Floors In Lieu Of Carpet On Main & Rec. Room Ready PPO.

Townhomes From $264,990·Detached Homes From $314,990 Half Moon Bay Sales Centre: 3454 Greenbank Road, Barrhaven, 613.825.7932

KANATA - 3 New Model Homes Now Available To Tour!

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3-Storey Townhome, The Tulip End ‘B’, 1,903 Sq.Ft., $299,990

Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Bath Oasis PPO, Finished Laundry PPO & Hearth And Home Great Room PPO.

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Double Car Garage Home, The Riverport ‘A’, 2,194 Sq.Ft., $411,990

Includes: $10,000 To Spend At Décor, 9' Main Floor Ceilings, Granite Countertops In Kitchen, Hardwood Floors In Lieu Of Carpet On Main, Glass Shower Enclosure, Upg. Kitchen Package, 6 Pot Lights & Rec. Room Ready PPO.

Townhomes From $264,990·Detached Homes From $329,990 NEW Monahan Landing Sales Centre: 7 Summitview Drive, Kanata, 613.271.0636

KANATA

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Village Home, The Appleby ‘B2’, 1,100 Sq.Ft., $224,990

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Includes: 3 Stainless Steel Appliances & Granite Countertops In Kitchen.

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WideLot™ Townhome, The Fernwater End ‘A’, 1,524 Sq.Ft., $284,990 Includes: 3 Stainless Steel Appliances, Granite Countertops In Kitchen, Hearth And Home PPO & Rec. Room Ready PPO.

Townhomes From $224,990 Temporary Fairwinds Sales Centre: 7 Summitview Drive, Kanata, 613.271.0636

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

7

BARRHAVEN

P RE S E N T E D B Y AWA R D - WIN NIN G U N IFORM U RB A N DEV EL OPMEN TS

Conveniently located near Stonebridge in Barrhaven, Manotick Village and the Rideau River, this idyllic neighbourhood features thirty classic, Barry J. Hobin designed homes surrounded by natural, open spaces and flowering trees. Singles starting from $519,000

BEAUTIFUL TOWNHOMES NOW ON SALE Visit our Sales Pavilion

Mon. – Thurs. 12pm to 7pm | Fri. – Sun. 12pm to 5pm | Holidays 12pm to 5pm 3699 Jockvale Road

613.608.8079 uniformdevelopments.com

KANATA

P RE S E N T E D B Y AWA R D - WIN NIN G U N IFORM U RB A N DEV EL OPMEN TS

This stunning collection of unique homes designed by Barry J. Hobin & Associates Architects is built on a dramatic rising site, with exposed Cambrian Shield granite and expansive views. Starting from $519,000

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3 STUNNING MODEL HOMES NOW OPEN Visit our new Sales Pavilion Mon. – Thurs. 12pm to 7pm | Fri. – Sun. 12pm to 5pm | Holidays 12pm to 5pm 100 Grand Manan Circle (corner of Hunstville Drive and Grand Manan Circle)

613.435.7751 uniformdevelopments.com

417

NAVAN

422 doVehaVen sT.

613 841 0560

Located in Navan’s magnificent Mer Bleue conservation area, this unique community of single detached homes, bungalows and townhomes is perfect for the outdoor enthusiast.

Contact our sales centre today and discover which one is the perfect place for you. Quick move-ins available.

Tour our SIX TowNhome and three desigNer decorATed model homes TodaY!

TowNs from

siNgles & BuNgAlows from

$276,900

$366,900

Quick move-ins now available across the city. Enjoy up to $20,000 in Decor Dollars.

Prices and specifications are subject to change without notice. E.& O.E. 10

liVe where NATure will AlwAys

lIft your SPIrIt

VisiT our oTher communiTies & model homes

BArrhAVeN

613 823 6767

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613 425 1332

riVerside souTh

613 822 6444

KANATA 613 591 0448

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orleANs

613 834 3488

claridgehomes.com 11

LONGWOOD MAKES THE ADULT BUNGALOW LIFESTYLE AFFORDABLE FOR YOU !

THREE SPECTACULAR LOCATIONS.

The Thornhill

NOW OPEN IN RICHMOND!

Semi-detached Bungalows from $324,900

Sales Office on Perth Street at Huntley in Richmond Saturday and Sunday : 12:00 to 5:00 pm Phone: 613-444-0494 SalesRichmond@longwoodbuilders.com The Thornhill

of Hunt Club NEIGHBOURHOODS

613-738-1349

d.greene@longwoodbuilders.com

HOURS: Sat.| Sun. 12 pm to 5 pm

Model Open

Model Open

Longwood’s sought-after Hunt Club location.

Only 9 opportunities remain to purchase including designs for four ‘wide lots’ with rear garages.

Mon.-Wed. 12 pm to 6 pm

w w w. n e i g h b o u r h o o d s o f h u n t c l u b. c o m

12

www.longwoodbuilders.com/richmond.html

613-435-2155

t SalesDeevys@longwoodbuilders.com

HOURS: Sat.| Sun. 12 pm to 5 pm

Bungalow Townhomes on Private Enclave off Equestrian Drive in Bridlewood.

FIFTEEN homes still available.

Mon.-Wed. 12 pm to 6 pm

w w w. d e ev y s h o m e s t e a d . c o m

Terrace Homes from the low $200’s

MODELS NOW OPEN a HOME to call OUR OWN

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Mon. to Wed. 12 pm to 6 pm

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613•424•2901

NT

HOURS Sat. / Sun. 12 pm to 5 pm

www.dorima.ca

Artist Concept TE

2 Storey 2 Bedroom Living / Dining 1½ Bath Large Kitchen

SITE AND SALES CENTRE

M O N TA G E

5 minutes walk from Billings off Bank at Ohio.

Two and Three Bedroom Condominiums from $355,900

IMMEDIATE OCCUPANCY

ON LAST SIX SUITES HOURS: Sat.| Sun. 12 pm to 5 pm

Mon.-Wed. 12 pm to 6 pm

move in

NOW!

www.montagecondos.ca 613.897.0044

SalesMontage@longwoodbuilders.com

13

Westminster model, Chapman Mills

Move in fast and take the summer slow QUICK OCCUPANCY HOMES FROM THE MID $300s

There’s never been a better time to buy a new Minto home. Choose from a range of models in fine communities across Ottawa. Close to all the amenities, including parks, schools and shopping, each quick-occupancy home includes free upgrades plus a generous Design Centre bonus. Best of all, you’ll move in this summer!

14

ARCADIA SALES CENTRE 360 Huntmar Drive, Kanata 613.788.2770

DESIGN CENTRE BONUS OF UP TO $15,000* FROM THE LOW $400s Hudson model, Chapman Mills

CHAPMAN MILLS SALES CENTRE 102 Southam Way, Nepean 613.823.1900

DESIGN CENTRE BONUS OF UP TO $20,000* FROM THE MID $400S Rockliffe model, Avalon

AVALON SALES CENTRE 204 Monaco Place, Orléans 613.834.6400

DESIGN CENTRE BONUS OF UP TO $20,000* FROM THE MID $300s Griffin model, Chapman Mills

ottawahomes.minto.com Monday–Thursday 12–8 pm | Closed Fridays | Weekends & Holidays 12–5:30 pm *Subject to change without notice. E & OE

15

//editor’s note

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

Wayne Karl

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

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

16 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

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 C18, our regular monthly column – the Tarion Report, by Howard Bogach, president of Tarion Warranty Corp. – offers some insights into the importance of the Pre-Delivery Inspection.

With his contribution and other related content, we hope you’ll begin to determine your own answers to these questions.

contents

march 8 - 22, 2014 || volume 14 issue 5

cover

p. 30 monarch

It’s finally here – Finale at Stonebridge in Nepean

C22

C06

vice-president, Wall2wall media

Jacqueline Hill

Director of sales, national

Josh Heppner

Sales Manager, Eastern Ontario

Paul Bimm

editor-in-chief / director of content

Susan Legge art director

regular features Condo Insert | C01-C24

Bianca DiPietro editor

Wayne Karl

Spotlight on Condos: Your guide to new condo communities

in the Gatineau and Greater Ottawa Area

16 C08

Editor’s Note Make

10 tips for moving with dogs

Take time for yourself

Features to consider when looking for your new home

28

F undamentally Speaking

Location, information and timing a new real estate adage

by Wayne Karl

C18

26 How to Find a Home

Q uick Tips

by Hellen Buttigieg

C16

CMHC announces mortgage insurance premium increase

Your Move

by Chuck Resnick

C12

25 In the News

by Howard Bogach

32 34

C22 Home Smarts

After the family home – great spaces for aging gracefully

by Marnie Bennett

community focus features C06 THEBERGE HOME

Huntclub Town: far from ordinary, but close to everything

U.S. tapering and its effect on Canadian mortgage rates

Sara Duck, Elisa Krovblit, Lydia McNutt sales co-ordinator, eastern Ontario

Nash Kamaludin

Manager of production

Bala Gnanapandithan Production Co-ordinator

Dennis Ng

graphic designer

Mike Terentiev

Published By

by Alyssa Richard

T arion Report

Inspect your new home carefully – before you move in

Mortgage Advice

contributing editors

Money Matters

newhomeandcondoguide.com

by Gail Vaz-Oxlade

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

Creating the illusion of scarcity

The Tax Man

To incorporate or not: strategies for investors

by George Dube

38

Hot Sheets

Two pages of community previews and openings

30 MONARCH CORPORATION It’s finally here – Finale at Stonebridge in Nepean

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

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

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

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

D

SOL

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SOL

D

SOL

D OLD S

SOL

D SOL

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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

6 LOCATIONS • CUMBERLAND: Camelot Estates: 2 acres Estate Lots. From the high $600's. sold out • 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

MetricHomes.com

2 QUICK OCCUPANCY HOMEs FOR SALE IN STITTSVILLE FROM $529,900

18 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

All over Ottawa, there’s a Cardel to call home.

Singles in Carleton Place

Singles, towns and condos in Kanata

1 lot left – quick occupancy at Richmond

613.444.0440

613.836.9521

613.444.0440

1 lot left – quick occupancy in Stittsville

Singles and towns in Kanata

Singles and towns at Barrhaven

613.435.5706

613.435.5706

613.290.4703

Visit us online for community details, interactive floorplans and much more.

SINGLE FAMILY

CONDOS + TOWNS

CUSTOM HOMES

Built for real life.

CARDELHOMES.COM

20

21

22

spotlight on condos Eastern Edition

March 8 - 22, 2014

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

spotlight on condos

IMMEDIATE OCCUPANCY

C2

there’s a lot to love in notting Hill South. Come home to comfort and convenience in a friendly, relaxed community, just 15 minutes from ottawa.

- 9' ceilings - Hardwood and ceramic tile (opt.)

- Elevator - 6 appliances

2 BEdroom CondoS Starting from tHE LoW

250s

$

SINGLE FAMILY

- Private balcony - radiant heated floors - Zero-maintenance lowrise building

great reasons. great neighbours. inCL HSt

Sales Centre: 151 Potts Private, Unit 103 Hours: mon – thu: 12 pm – 7 pm | fri - Sun + Holidays: 12 pm – 5 pm

Prices subject to change without notice. E. & O. E.

CONDOS + TOWNS

- Secure, heated underground parking (opt.)

- 5' x 8' storage room (opt.)

CUSTOM HOMES

Built for real life.

CARDELHOMES.COM

spotlight on condos

C3

play here here.

32 APARTMENTS AVAILABLE! JUST RELEASED! | ONLY 36

work here. relax here.

THE STATION

the jewel of Barrhaven.

spotlight on condos

bullet • canadian • commander • commodor • crusader • empire • euro star • golden arrow • grand central • north star • orient express • traveller

C4

live here.

VISIT WWW.CAMPANALE.COM TODAY! | EMAIL: LONGFIELDS@CAMPANALE.COM

visit us at our NEW sales centre

spotlight on condos

C5

Huntclub Town

spotlight on condos

Far from ordinary, but close to everything

C6

T

heberge Homes, in collaboration with The Bennett Property Shop Realty and Roderick Lahey Architect Inc., is excited to announce their latest project, Huntclub Towns. Located at the corner of Uplands Drive and Downpatrick Road, this newest addition to the Ottawa market is sure to attract buyers looking for a chic, urban, boutique-style townhome.

Just minutes from downtown, Huntclub Towns offers shopping, great dining and entertainment all at your fingertips.

These homes are in an ideal location, providing buyers with the perfect urban lifestyle. This new development provides unparalleled convenience with unlimited stores, cafes, restaurants, parks and activities just steps away. Buyers have the perks of urban living, without having to sacrifice greenspace; there are parks, trails and bike paths all nearby, providing you with the perfect setting to relax and unwind.

Take one look at the plans for this new build and you will at once be impressed with the shockingly-chic exterior design.

With modern and sleek dramatic angled rooflines, wood and metal accents and elegant brick veneers, Huntclub Towns defines sophisticated modern styling. These upscale town and terrace homes feature innovative floorplans with interior finishes that are sure to impress. Contemporary-styled town and terrace homes offer the latest in kitchen and bath design the leaves nothing to the imagination.

With 18 different floorplans to choose from, you are sure to find the one that fits your needs. You can choose from a

Location Ottawa Housing Type Freehold towns and terrace towns Sales Centre 3700 Downpatrick Rd. Contact 613.680.5795 sales@huntclubtowns.com

two-bedroom to a three-bedrooms plus a den, with square footage ranging from 882 to 1,520. You can opt for a terrace townhome, or a freehold townhome plan for more space. All townhomes have a single-car garage, and all homes come with outdoor terraces or balconies, and majority of the homes have exterior yards perfect for entertaining family and friends.

The project has 45 homes for sale in a number of different blocks. Occupancy will be as early as December 2014. There is also commercial space included in the plans, providing buyers with many of their shopping needs.

Theberge Homes | Huntclub Towns

Huntclub Towns offers the perfect modern lifestyle and the convenience of low maintenance ownership without the high monthly condo fees normally associated with upscale urban condos.

Prices start at $225,900, which includes parking and appliances.

Theberge Homes is known for its meticulous attention to detail with a contemporary finish. The company builds homes with the buyer in mind.

Huntclub Towns aren’t simply homes, they provide buyers with a new lifestyle.

You are stepping into a new community where neighbourhood barbecues are not just an expression, they are a reality. You have amenities and greenspace, all right outside your front door. This is urban living at its finest.

HuntClub Towns offers the very best in upscale contemporary townhomes and terraces. You have the opportunity to live in the city with all the conveniences life has to offer, right at your doorstep. If it’s heading out to catch a flight for business or a dream vacation, or maybe just the next bus or train downtown, HuntClub Towns has a location that can’t be beat.

Don’t miss out on your opportunity to own your own modern-chic home only minutes from downtown. Buy now and receive a $10,000 décor package on any home at Huntclub Towns. But Hurry this incredible bonus won’t last long.

Visit the website at huntclubtowns.com or come and visit the sales centre at 3700 Downpatrick Rd. For more information, please call 613.680.5767.

Just minutes from downtown, Huntclub Towns offers shopping, great dining and entertainment all at your fingertips.

mar 8 - 22, 2014 | New home & Condo guide eastern Ontario C7

//make your move

10 tips for

moving with dogs » by Chuck Resnick

Moving can be one of the most stressful events in life, so why should that be any different for your pets?

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

Here are 10 tips on how to move with your dog:

01

Under no circumstances should you place your dog in the back of a moving truck. Even “safely” tucked in a well-ventilated pet carrier, the truck is almost always hot (even in winter) and, of course, the doors are closed.

02

Your dog will most likely want to play with the movers and everyone else, so take him or her to a kennel, dog spa or have a friend or relative dog-sit at their home. Those will be the best places for your furry friend; then you can devote your total attention to your moving activities.

03

If your dog must be with you during your move, keep him or her outside or out of the movers’ way.

Dogs crave the attention of strangers and can create obstacles which will impede the move.

04

Have treats on hand for moving day to keep the dog quiet. It’s also a good way to get your dog to listen and obey. And, it’s a great idea to have water and nutritious human treats for your movers as well.

C8 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

05

Pack a separate box of your dog’s favourite toys. Once at your new condo, your dog may be frightened of the new surroundings, so having familiar playthings ready will reduce stress levels.

06

Don’t forget that your dog will be excited on moving day and will need plenty of water. Exercise is the best way to get your dog ready, more relaxed and calm for when the movers arrive. Depending on your dog’s age and size, draining his or her energy level may not be easy, so plan frequent walks.

I know that a 30-minute walk barely makes a dent in my dog’s energy level.

07

Make sure you let your pet out for bathroom breaks.

Nothing will ruin your moving day experience more than a “surprise” from your dog inside your new abode.

08

If your dog will be around during the move, let your movers know ahead of time. You’d be surprised how many people are afraid of dogs, whether large or small, and some people suffer from allergies.

09

After the move you will be busy unpacking, but don’t ignore your dog. Take regular and long walks if you can to explore your new neighbourhood together, or even take short breaks from unpacking to play. Time together will help your dog be better behaved during this change in environment.

10

Have fun – moving into new digs is a time to celebrate. Have the movers take a picture of you, your family and your dog in your new condo. What a perfect reminder of the day you just shared.

Voted The Best Low Rise Condominiums in Ottawa

Only three storeys in height, eQ Homes’ exclusive Foxwood Collection condominiums are much more intimate than a high-rise. And with just four units per floor, every suite is a corner suite, loaded with luxury features and square footage ranging from 1,040 up to 1,430.

That’s why Foxwood Collection won the coveted 2013 SAMMY Award for Best Condo Low-rise, as presented by the Greater Ottawa Home Builders’ Association.

STITTSVILLE

416

5

416 5 416

Foxwood Condos Starting from

Foxwood Condos

279,000

$

88 Equinelle Drive Sales Centre Hours: Mon. - Thurs. 10am - 5pm Fri. 11am - 5pm. Sat. & Sun. 12pm - 5pm

2

43

44 43 44

24

416

613.258.6488

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

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$

339 Bobolink Ridge Sales Centre Hours: Mon. - Thurs. 10am - 5pm Fri., Sat., & Sun. 12pm - 5pm

Prices and specifications are subject to change without notice.

E. & O.E. All renderings are Artist’s concept. *See Sales Representative for further details.

613.404.8075

eqhomes.ca

spotlight on condos

KEMPTVILLE

C9

NOW

60% SOLD

C10

Elgin St

Metcalfe St

O’Connor St

Bank St

Somerset St W Kent St

spotlight on condos

Slater St Laurier Ave W

EXCLUSIVE BROKER

Gladstone Ave

Catherine St Queensway/Hwy417

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

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start at $282,000.

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

BONUS Granite counters throughout

6 Appliances

Storage locker

spotlight on condos

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

C11

//Quick TipS

Take time for Yourself » by Hellen Buttigieg Sometimes we get bogged down with all the things on our “to-do” list that we forget to take time for ourselves.

Here are some tips to help simplify your life:

Hellen Buttigieg

Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, weorganizeu.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at info@weorganizeu.com

›› Live in the moment. We have become a society of multi-taskers, but in an effort to be more efficient, we have robbed ourselves of the pure pleasure that comes from performing simple tasks. The next time you wash dishes, fold laundry or set the table, focus only on the task at hand.

Engage your senses. Notice the fresh smell of clean laundry, the rainbow colours in the soap bubbles, the beauty of a table set with care (candles, flowers and cloth napkins). You’ll feel less frazzled and more peaceful. ›› Let go of the “shoulds.” The next time you catch yourself thinking guilt-inducing thoughts like “I should go to the gym,” or “I have to wash the windows,” shift your perspective. Find a way to make the task more enjoyable so you can replace the “should” and “have to” with “like to,” “want to” or “could.” Re-framing your thoughts in this manner puts you in control because you are deciding to do the task out of desire, not criticism. Another option is to re-evaluate the task to see if it really is a necessity, or if you can drop it from your “to-do” list altogether. ›› Put yourself out there. Life has a way of flowing effortlessly when we put ourselves out there. If there’s something you’ve been wanting in your life, take one small action toward it and notice how other things fall into place. It could be a simple phone call you’ve been putting off, a book you’ve been meaning to read or a website you’ve wanted to visit.

Do it now and have faith in the power of taking that first step. ›› Tie up loose ends. Regularly schedule one hour a week to devote to tying up loose ends. These little “to-dos” take less time to complete than you think and yet, left undone, eat away at you, draining your energy and clouding your mind. If you finish in less than an hour, use the extra time to reward yourself with a special indulgence.

C12 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

›› Eliminate catalogue clutter and enjoy mental freedom.

Are catalogues piling up on every flat surface in your office? If you’ve had them for more than three months and still haven’t read them, it’s time to take an honest look at whether they are adding value or complicating your life.

Go online and remove your name from catalogues you don’t read, and cancel magazine subscriptions that clutter your life, drain your energy and rob you of peace-of-mind. You can always purchase the odd magazine or two when you have some extra time to devote to reading. ›› Make bill paying easier by synchronizing due dates.

Paying bills can be time consuming and difficult to keep track of, especially if they are due at various times throughout the month. Consider calling all your creditors and having the due dates on your monthly bills changed to either the 1st or the 15th of the month. Put a reminder on your calendar to ensure that they’re paid on time. Consolidating tasks saves time and mental energy. ›› Create kits to make life easier. Items that are used together should be stored together to make tasks easier and save you time. Store all your knitting supplies in one bin; your gardening supplies in another. Imagine how much easier it will be to wrap gifts when your gift bags, cards, scissors, bows, tape and pen are all stored together!

NEW YEAR

2014

NEW DESIGN PRESENTATION CENTRE NOW OPEN. Come visit us and see the incredible new floor plans at Claridge Icon.

Uncompromising design. Extraordinary architecture. And brilliant views of the city skyline and Dow’s Lake.

N

Carling Dows Lake

claridgeicon.com _ T 613.695.1441 Sales Centre_505 Preston St. [at Carling] Mon-Thurs 12-7_Fri Closed_Sat, Sun & Holidays 12-5

*Some conditions apply. See sales rep for details. Sizes and specifications subject to change without notice. E. & O. E. Illustration is artist’s impression.

spotlight on condos

Preston

ONLY 5% DOWN AT SIGNING.* STARTING AT $263,000.

C13

over

50% sold

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

BergeronTerrace.ca

spotlight on condos

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

C14

Define your style.

Create your nuovo.

Is uptown loft your style? We can do that.

Visit the Nuovo sales centre in Little Italy to explore the possibilities.

spotlight on condos

Sales centre: 445 Preston 路 613.728.7873 路 Building location: Rochester at Pamilla 路 nuovocondo.ca

C15

//fundamentally speaking

How to find a home? pay attention to location information and timing » by wayne karl 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.

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

Location First, what does that old adage really mean? Of course, we’d all love a high-end 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.

C16 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Timing 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.

Is classic your style? We can do that.

Visit our sales centre in Little Italy. See how our designers can help you create your personal and unique space.

Sales centre: 445 Preston 路 613.728.7873 路 Building location: Rochester at Pamilla 路 nuovocondo.ca

spotlight on condos

Define your style.

Create your nuovo.

C17

//tarion report

Inspect your new home carefully –

before you move in » by howard bogach One distinction between buying a new home in Ontario, versus an older resale, is the mandatory warranty that most single-family homes and condominiums come with – supplied by your builder and guaranteed by Tarion. The warranty

Howard Bogach

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

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

ensures that homeowners receive a new home that is constructed in a workmanlike manner, is free from defects in material, is fit for habitation and is constructed in accordance with the Ontario Building Code. The first chance home buyers get to inspect their new home is during the Pre-Delivery Inspection, also known as the PDI, which takes place before you move in.

Your builder is required by Tarion to conduct a PDI with you on or before the day you take possession. This is your opportunity to view your home in its entirety, learn about how to maintain it and take stock of anything that may be damaged, incomplete, missing, or not working properly.

The New Home Buyer section on tarion.com has a number of resources to help you prepare for your PDI such as the PDI checklist and a guide to Getting Ready for the PDI.

You may be excited to show it off to your friends and family, but this is not the time. The PDI is an important part of taking possession of your new home and deserves your full attention. If you are not able to attend yourself, you can ask someone you trust to be there on your behalf.

During the PDI, you should carefully examine your home both inside and out. Look for things such as chips in bathtubs and sinks, scratches on countertops, damage to floors, walls, cabinetry or other finishings, and doors and windows that are not secure or do not open and close easily.

Outside, check things such as the quality of brickwork and siding, whether window screens have been installed, and the appearance of the driveway and landscaping.

Your builder’s representative will note everything down on a PDI form. Review the form carefully to make sure it’s complete. This will become the official record of the condition of your home before you moved in. In case of a disagreement between you and your builder over whether any damage occurred before or after you took possession, we will refer to the notes on your PDI form.

If for any reason, the condition of the home makes it impossible to accurately assess its condition – for example, if there is still too much construction dust or debris covering the surfaces, you should ask the builder’s representative to reschedule the inspection until the home is cleaned. Sometimes, due to weather or other factors, you may not be able to inspect a certain item. If you are unable to assess something during the PDI, simply make note of it on the form.

Use the PDI as an opportunity to ask questions and learn about how your home functions. Your builder will show you how to operate your home’s systems, such as heating, electrical, air conditioning and plumbing, and provide you with operating manuals.

The New Home Buyer section on tarion.com has a number of resources to help you prepare for your PDI such as the PDI checklist and a guide to Getting Ready for the PDI. You’ll also find the Homeowner Information Package, or HIP, which your builder will provide on or before your inspection date. I always recommend buyers read the HIP before their inspection. Being informed and well prepared is the best way to start your homeownership experience!

If you have questions about your warranty, visit tarion.com or find us on Facebook at facebook.com/tarionwarrantycorp

C18 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Whatever your personal style, at Domicile’s Nuovo you can create your perfect urban condo.

Visit our sales centre and see what life in vibrant Little Italy can be.

Sales centre: 445 Preston · 613.728.7873 · Building location: Rochester at Pamilla · nuovocondo.ca

spotlight on condos

Define your style.

Create your nuovo.

C19

IT’S NOT TOO LATE TO… DISCOVER EASTERN ONTARIO’S HOMETO… BUILDERIT’S NOT TOO LATE ONE STORY AT A TIME 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

2013 Home Builders’Annual Now Available!

Contact nashrun.kamaludin@wall2wallmedia.com 613.729.1221 to receive your FREE copy! homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

C20 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

spotlight on condos

C21

//home smarts

After the family home:

Great spaces for aging gracefully » by marnie bennett

Marnie Bennett

is a broker and the marketing director for Bennett Property Shop Realty, a full premium service real estate brokerage specializing in marketing and selling new and resale homes, condominiums and investment real estate.

Marnie is the host of the weekly radio show the Real Estate Hour, a millionaire real estate investor and a wealth management coach. bennettpros.com

You may be familiar with the term “aging in place,” which refers to the appealing idea of staying in one’s own home as one gets older, as opposed to entering a retirement home. While our futures don’t always unfold the way we’d planned, I do encourage my downsizing clients to consider homes that are the most likely to gracefully accommodate them in their elder years.

For instance, a flight of stairs may not present a problem to an able-bodied couple in their 60s. A decade later, they may be wishing they’d chosen differently. Highrise and lowrise condominiums with elevator service are by far the most popular housing choice among my clients who move to the city after retirement. Freedom from upkeep is a huge selling feature, while safety and recreational amenities also play key roles.

But there are certainly other options out there. Many of my baby boomer clients love to garden, play outside with grandchildren and entertain friends outdoors. They’re simply not prepared to sacrifice a private lot. Some communities offer condo ownership of semi- or fully-detached bungalows, taking the burden of yard maintenance and snow removal from your shoulders. Alternately, freehold owners may hire yard help when it’s needed.

In addition to their lack of stairs and bright main floor laundry rooms, today’s bungalows can easily be built with features that make them more accessible to people with mobility issues. Most builders are happy to widen doors and hallways, substitute lever door handles and add sleek-looking handrails in bathtubs and showers.

You’ll also want to weigh the benefits of living in an adult lifestyle community versus a more diverse neighbourhood. Some baby boomers thrive in a community of peers who share similar interests, finding their social lives completely reinvigorated.

C22 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Others prefer to be surrounded by families of all ages, in neighbourhoods where Halloween brings dozens of miniature princesses and superheroes to the door.

For a small percentage of downsizers, an in-law suite is the answer.

When grown children have a larger home, and are able to provide parents with the type of surroundings – and relationships – they desire, both parties can benefit financially and emotionally.

Whatever path you choose, take it from me: once you have a plan for the future, it’s easier to live in the moment.

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

spotlight on condos

C23

PRESENTATION GALLERY

SLATER ST.

136 BANK ST.

LAURIER AVE. W. BANK ST.

KENT ST.

LYON ST.

BAY ST.

NOW OPEN

PRESENTATION GALLERY

GLOUCESTER ST. BOWERY SITE

255 BAY STREET NEPEAN ST.

SLATER ST. PRESENTATION GALLERY

136 BANK ST.

LAURIER AVE. W. BANK ST.

KENT ST.

LYON ST.

BAY ST.

GLOUCESTER ST. BOWERY SITE

255 BAY STREET

PRESENTATION GALLERY

136 BANK ST.

LAURIER AVE. W. BANK ST.

KENT ST.

thebowerycondos.ca 613.695.7577

SLATER ST.

LYON ST.

C24

Condominium living with a distinctly New York vibe From $176,000

BAY ST.

spotlight on condos

NEPEAN ST.

GLOUCESTER ST. BOWERY SITE

255 BAY ST. NEPEAN ST.

MON-THURS: 11 - 7 SAT, SUN & HOLS: 11 - 4:30 FRIDAYS: CLOSED Brokers protected. Sizes, prices and specifications subject to change at any time. Illustration is Artist’s Concept. E.&O.E.

you´ve arrived.

from low

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visit us at our NEW sales centre

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visit us at our NEW sales centre

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ACT EARLY FOR YOUR BEST SELECTION! www .campanale.com

OF DESIGN CENTRE BONUSES IN EVERY INVENTORY HOME!

Dear Mortgage, I’m taking time off to make memories.

Take time off from your mortgage payments.

A flexible mortgage from TD lets you focus on what’s really important to you. Just add a little extra to your regular payments and you could have the option to take a payment vacation for up to four months1. It’s just one of TD’s flexible mortgage features.

Visit a branch or tdcanadatrust.com/paymentvacation

1

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

24 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

//In the news

CMHC to increase mortgage insurance premiums Following the annual review of its insurance products and capital requirements, CMHC will increase its mortgage loan insurance premiums for homeowner and one to four unit rental properties, effective May 1, 2014.

The increase applies to mortgage loan insurance premiums for owner occupied, self-employed and one to four unit rental properties, including low-ratio refinance premiums. This does not apply to mortgages currently insured by CMHC. CMHC’s capital management framework is consistent with international practices and Canadian guidelines for mortgage insurers. Increased capital targets are consistent with Canadian and international industry trends and makes the financial system more stable and resilient.

“The higher premiums reflect CMHC’s higher capital targets,” says Steven Mennill, CMHC’s vice-president, insurance operations. “CMHC’s capital holdings reduce Canadian taxpayers’ exposure to the housing market and contribute to the long term stability of the financial system.”

95% Loan-to-Value

For the average Canadian homebuyer requiring CMHC insured financing, the higher premium will result in an increase of approximately $5 to their monthly mortgage payment, CMHC says. This is not expected to have a material impact on the housing market.

Effective May 1, CMHC mortgage insurance premiums will increase by approximately 15 per cent, on average, for all loan-to-value ranges.

CMHC reviews its premiums on an annual basis and, going forward, plans to announce decisions on premiums in the first quarter of each year. The homeowner premium increase follows changes CMHC made to its portfolio insurance product earlier this year.

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions that will continue to create vibrant and healthy communities and cities across the country.

Loan Amount

$150,000

$250,000

$350,000 $450,000

Current Premium

$4,125

$6,875

$9,625

$12,375

New Premium

$4,725

$7,875

$11,025

$14,175

Additional Premium

$600

$1,000

$1,400

$1,800

Increase to Monthly Mortgage Payment

$3.00

$4.98

$6.99

$8.98

Based on a 5-year term @ 3.49% and a 25-year amortization *Premiums in Manitoba, Ontario and Quebec are subject to provincial sales tax — the sales tax cannot be added to the loan amount.

85% Loan-to-Value Loan Amount

$150,000

$250,000

$350,000 $450,000

Current Premium

$2,625

$4,375

$6,125

$7,875

New Premium

$2,700

$4,500

$6,300

$8,100

Additional Premium

$75

$125

$175

$225

Increase to Monthly Mortgage Payment

$0.37

$0.62

$0.87

$1.12

Based on a 5-year term @ 3.49% and a 25-year amortization

GENWORTH CANADA ALSO ANNOUNCES NEW MORTGAGE INSURANCE PREMIUM RATES Effective May 1, 2014, Genworth Canada will also increase its mortgage insurance premium rates by an average of 15 per cent.

“We believe this new pricing is prudent and more reflective of increased regulatory capital requirements,” says Brian Hurley, chairman and CEO of Genworth Canada. “These pricing actions are supportive of the long-term safety and stability of the Canadian housing market.”

The new premium rates for standard owneroccupied purchase applications submitted on or after May 1, 2014 are:

Standard

Premium Loan-to-Value Ratio (Current)

Standard Premium (Effective May 1, 2014)

Up to and including 65% Up to and including 75% Up to and including 80% Up to and including 85% Up to and including 90% Up to and including 95%

0.60% 0.75% 1.25% 1.80% 2.40% 3.15%

0.50% 0.65% 1.00% 1.75% 2.00% 2.75%

mar 8 - 22, 2014 | New home & Condo guide eastern Ontario 25

//how to find a home

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 26 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

“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 W here will the kids go to school, and how will they get there?

09 A re there parks, recreation centres, places of worship close by?

08 W here 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 W hat 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?

Liv e in t h e h e a r t of We st boro ARTIST’S CONCEPT

Westboro’s most exciting new enclave of only 19 two- and three-bedroom contemporary townhomes, ranging from 1,360 to 1,948 sq. ft., beautifully designed by Barry J. Hobin & Associates Architects.

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

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

PRESENTATION RD CENTRE D ON HM C I R VE NA

O YR

B

RAVENHILL COMMON

VE LA

HIL

VE LA

VE NA

ISO

IL CH

ED

UR

CH

VEN RA

TOWNHOMES NOW UNDER CONSTRUCTION

60% sold | Summer 2014 occupancy

Presentation Centre located at 329 Richmond Road (corner of Churchill and Richmond)

613-825-0080 RavenhillCommon.com

designed by

Choice locations still available.

Prices from $599,900. (includes 1 heated underground parking) PRESENTATION CENTRE HOURS Monday to Friday Noon to 6 p.m.

Weekends and holidays Noon to 5 p.m. mar 8 - 22, 2014 | New home & Condo guide eastern Ontario 27

//mortgage advice

U.S. tapering and its effect on Canadian mortgage rates » by alyssa richard What are “quantitative easing” and “tapering”? Over the last couple of months, you’ve likely read the words “quantitative easing” and “tapering” in any news story about the U.S. economy. What you may not have read about yet is the impact this has had on Canadian mortgage rates. Here’s a look at what’s been happening and what it could mean for mortgage rates in the future.

In the midst of the financial crisis, the U.S. Federal Reserve lowered its short-term overnight interest rate all the way to zero. This effectively left them with little power to further stimulate the economy. So, the central bank essentially printed more money to buy bonds and other financial assets from banks, in a program known as quantitative easing.

The banks, now flush with cash, were then able to loan more money to Americans, helping the economy grow. The bond-buying spree drove up bond prices and lowered yields (which have an inverse relation with prices). Lower yields then lowered borrowing costs, which stimulated the economy further.

The central bank repeated this a few times, until it eventually took its balance sheet to slightly more than $4 trillion – from roughly $800 billion pre-financial crisis.

In the first half of 2013, the U.S. Federal Reserve started talking about “tapering off ” the quantitative easing program. The taper was officially announced in December, with a plan to purchase only $75 billion of debt securities in January and to reduce the purchases in future months.

Alyssa Richard

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

The effect on Canadian mortgage rates So, what does this all have to do with Canadian mortgage rates?

Under quantitative easing, the 10-year Treasury yield jumped from 1.65 per cent before any talk about tapering to 2.80 per cent in late August 2013. In January, it was sitting at 2.86 per cent.

U.S. markets often act as something of a “price setter” for the Canadian market, and Canadian bond yields tend to follow U.S. bond yields. Generally speaking, higher U.S. bond yields will result in higher Canadian bond yields.

Furthermore, Canadian fixed mortgage rates follow Canadian bond yields with a strong correlation. Since last May, both the five-year Canadian bond yield and average five-year fixed mortgage rate have risen substantially (shown in chart).

Overwhelmingly, economists expect U.S. bond yields to keep rising in 2014, as a result of an allegedly stronger U.S. economy and further (expected) tapering by the U.S. Federal Reserve; this would in turn push Canadian mortgage rates up even further.

4

3

2 1 May ‘13

Jun ‘13

Jul ‘13

Aug ‘13

Best 5-Year Fixed

28 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Sept ‘13

Oct ‘13

Nov ‘13

5-Year Government Bond Yields (BoC)

Dec ‘13

Jan‘14

Mortgage rates by: ratehub.ca

IMMEDIATE OCCUPANCIES AVAILABLE*

Signing Bonus*

6 1 3-4 2 5 - 5 2 5 5 Sales representative:

FREEHOLD TOWNS

FROM $316,900

Claude Tessier

ctessier@maisonslemayhomes.ca

*

Leitrim Road

Loosestrife Way

Sales Office

Rotary Way

Also SINGLES & BUNGALOWS

Bank Street

Rotary Way

Teasel Way

*Prices subject to changes without notice. E. & OE. See Sales representative.

995 Rotary Way (off Bank Street near Leitrim Road) Sales office hours: Mon – Thurs: 12pm – 7pm, Friday: Closed, Sat – Sun: 12pm – 5pm

LEMAYhomes.ca

//cover story

It’s finally here Finale at Stonebridge

F

inale, the last and final phase of Monarch’s highly coveted, established neighbourhood of Stonebridge in Nepean, will be opening for sale this spring. As the name implies, once Finale is gone, Stonebridge is gone forever, so be sure you visit.

Here, Monarch will offer an exquisite enclave of prestigious homes on 40- and 50-ft. lots, elegantly designed for today’s modern and sophisticated family. Deep lots are available, providing the perfect playground for active families and outdoor entertaining. The exclusive enclave of detached homes is located on a safe and quiet crescent, where traffic is local and neighbours are friendly. The homes range in size from 1,633 to 3,580 sq. ft. and feature richly textured old century brick with Heritage and Victorian-inspired architectural detailing.

The Stonebridge community is set within 700 acres of rolling countryside, wooded areas and generous park space, and was voted Community of the Year by the Ottawa Carleton Home Builders Association. Across from the 180-acre Stonebridge Golf Club, Finale at Stonebridge is just a 25-minute drive from downtown Ottawa in the 30 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Location Nepean Housing Type Detached homes on 40- and 50-ft. lots with two-. three-, fouror five-bedroom designs from 1,633 to 3,580 sq. ft.

Sales Centre 610 Kilbirnie Dr. Contact 613.692.9284 stonebridgesinglesSLS@monarchgroup.net monarchgroup.net twitter.com/monarch_group facebook.com/monarchgroup

monarch homes| Stonebridge

community of Barrhaven. This growing neighbourhood offers residents all the modern amenities, including big box stores in the Town Centre complex, grocery and other retail shopping malls, sports centres, libraries and several public and Catholic schools. It is also adjacent to the charming heritage village of Manotick on the Rideau River.

This popular family-oriented master-planned community is the perfect choice for those who love the outdoors and spending quality time together hiking and biking. A network of open parks and walking trails meanders along the picturesque Jock River.

For more than 96 years, Canadian families have trusted Monarch for their most important decision of buying a home.

This wealth of building expertise and knowledge has made the Monarch name synonymous for dependability and design.

Headquartered in Toronto, Monarch is Canada’s oldest and one of its largest home builders. Monarch has consistently been recognized in the home building industry and by its customers for superior quality and outstanding customer satisfaction. Monarch builds and develops single-family detached and attached homes in Toronto and Ottawa, and builds highrise condominiums in the Greater Toronto Area. Monarch focuses on style, design, quality and livability in all of its homes and is the Canadian brand of Taylor Morrison Home Corp.

For more information on Monarch and Finale at Stonebridge visit monarchgroup.net or call 613.692.9284

As the name implies, once Finale is gone, Stonebridge is gone forever so be sure you visit.

mar 8 -22, 2014 | New home & Condo guide eastern Ontario 31

//money matters

Creating the illusion of scarcity » by Gail vaz-oxlade One of the reasons so many people are up to their eyeballs in debt is that they’ve had access to gobs of credit. Whether lenders threw a dozen credit cards

Gail Vaz-Oxlade

is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com.

Follow Gail on Twitter at twitter.com/GailVazOxlade

at us, offered us big, fat lines of credit, or let us buy now and pay later, we’ve been living a life where we could have whatever we want whenever we want. It’s been a life of abundance.

Then came the economic change. Creditors stopped throwing credit at every Tom, Dick and Mary regardless of their ability to actually pay back that credit. The government got into the swim creating legislation that said lenders couldn’t just raise a person’s credit limit without telling them – further exposing them to credit risk. And people started losing their jobs.

The abundance of the previous years has turned to forced scarcity. Some people took steps to prepare for the worst and are holding on through the tough times. Others have found their debt loads too high and are headed to bankruptcy trustees to see what they can off-load. Still others are just drowning with no idea what to do next.

If you’re the kind of creature who routinely spends every penny you make, maybe you need to implement the illusion of scarcity to keep yourself in check 32 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

With less money to “blow” on stuff, you’ll actually end up achieving some of those goals that have always been so elusive

How do you create the illusion of scarcity?

Well…

First, you make a budget that balances.

You transfer all the money that must be used to pay your fixed and variable expenses to a “house” account, so you know those bills are covered and you can’t spend that money on stuff.

Second, you set some goals you want

to achieve. It may be paying down your mortgage annually, taking a fabulous family vacation, or going back to school.

I’m sad for all the people who can’t keep it together – people who are missing their rent or mortgage payments, falling behind on their car payments, pulling their kids out of sports or other extra-curricular activities. While things were good and they were constantly being offered more and more credit, they never imagined there would ever be an end to their ability to have what they wanted. I’ve worked with more than a few people who are totally astounded at the place they are currently in. How could this happen? You probably know a body or two who are scratching their heads.

I’m hoping that forced scarcity teaches an extremely important lesson about money: there may not be more money, and you better have some set aside just in case. It doesn’t take a world economic crisis to throw your budget into a tailspin if you have no money saved. It only takes a few weeks off work with a sick child, a call to jury duty, or a cut-back in your hours at work to make a house of cards fall down.

I wonder how many people will actually learn the lesson. And I wonder if anyone has figured out that you can create your own sense of scarcity to keep you constantly on your toes when it comes to managing your money.

Abundance has a way of permeating our very being and making us feel invulnerable. But we are all vulnerable, whether we want to accept that fact or not. And creating the illusion of scarcity may be what it takes to stay true to a sound financial plan.

I’m not talking about creating such a sense of scarcity that you’re always whining about what you can’t do or can’t have. And I’m not suggesting you use the illusion of scarcity to cheap out on life. But if you’re the kind of creature who routinely spends every penny you make, maybe you need to implement the illusion of scarcity to keep yourself in check. And maybe if you move your money where you can’t touch it, leaving yourself with less to “blow” on stuff, you’ll actually end up achieving some of those goals that have always been so elusive.

Third, you set up savings accounts for

each of the goals you want to achieve, and have the money you want to save moved automatically to those accounts so that money is out of sight.

Now you only have money left in your first account that you can actually spend on all that stuff you so love to buy: coffee, lunches out, another tool, magazines, DVDs, more clothes… name your weakness here. For me it’s houseplants and books. When I look at the money in my account, because I’ve made most of it disappear to places I don’t look regularly, I’m more cautious about just how I blow what’s left. I prioritize. I consciously decide to spend (or not to spend) the money. I don’t feel like I have so much money I’ll never run out so I can just have this one little thing.

And that’s the point of creating the illusion of scarcity: to recognize that money is an exhaustible resource so you better be sure your spending isn’t just a knee-jerk reaction to your sense of abundance.

mar 8 -22, 2014 | New home & Condo guide eastern Ontario 33

//THE TAX MAN

To incorporate or not to incorporate: ownership

strategies for real estate investors » by George E. Dube

When buying real estate today, think about what your situation will be in 10, 20 and more years.

George E. Dube,

CA, CPA, LLP, is a veteran real estate investor, author, and speaker on real estate accounting who is a partner in the firm, Dube & Cuttini Chartered Accountants LLP. He also developed the accountant in-a-box program for real estate investors, and is a member of the Real Estate Investment Network (REIN) Faculty. georgedube@dubecuttini.com

dubecuttini.com @dubecuttini.com 1.877.475.3823

Will you have adequate resources available after taxes are paid? If all goes according to plan, you will age along with your investments. Discussing the appropriate ownership structure for your family, and how it will change over time, can save untold grief and taxes.

In the early stages, having the higher income spouse own properties and receive the deductions common to the early years of investment property ownership provides some tax advantages. As you earn additional income and sell properties, splitting properties between spouses may lower rates of tax within the family. But, changing property ownership can produce expensive tax consequences.

34 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

Considering alternative forms of ownership now, such as corporations and family trusts, is prudent. While alternative ownership may be completely inappropriate now, from a tax perspective it may be far more effective to allow for the benefits of a structure to accrue over time. For example, creating a family trust for real estate ownership while your children are five years old may provide an excellent vehicle to pay for post-secondary education while potentially protecting assets.

The more time you have to plan and implement, the more benefits are available. You just don’t want to go overboard in setting up an elaborate structure that generates additional costs and complexity to operate.

However, this is not a do-it-yourself project. While splitting income between family members is generally a good thing from a tax perspective, Canada Revenue Agency restrains certain activities with, for example, the “attribution” rules. In essence, in some situations the CRA believes that income earned by a family member truly belongs to another who contributed the funds for the investment or previously owned the investment.

We like to discuss structuring real estate investments within a framework of five major categories. Your priorities within the framework mean you can make the best decision for today, and tomorrow. Often, we provide completely different recommendations for very similar situations.

Ultimately, you must decide what is best for you and your family, but you need the input from your advisors to appreciate the choices and ramifications. Unfortunately, your advisors may have differences of opinion and so get them to explain why they believe in one course of action over another. Armed with this information, you can make more knowledgeable decisions.

Ideally, your advisors can have a brief discussion with each other and with you to highlight areas of agreement and disagreement. Then you can weigh the choices.

Generally, we consider our recommendations in the following order, allowing that priorities may differ. A quick overview of these priorities is provided.

1. Flexibility Personally, we like having as many choices as possible. Choices of how to remunerate owners, how to structure investments with co-investors without negatively affecting the co-investors, when to remunerate owners, who amongst the owners can be remunerated, how much owners should be remunerated, how properties within the portfolio may be disposed and changing the specific investors in a particular property. Corporations with joint ventures tend to provide more choices as compared to personal ownership or partnerships, for example.

2. Legal issues While this is the domain of lawyers and their advice is paramount, liability concerns are often critical for many investors, so we offer some general comments. From our perspective, we don’t believe that anything approaching a universal opinion exists amongst the legal profession with well respected lawyers on both sides of the “should I incorporate?” question. While not generally an initial concern for investors, discussions of using family trusts in the legal context often takes place for some purchases once you own a base level of real estate. Advisors often talk about limited partnerships in the context of attracting multiple investors.

3. Taxation impact From a tax perspective, no one answer exists concerning forms of ownership with accountants in a similar position to lawyers regarding universality. This is further exasperated by the fact that a structure may be better or worse for you in different cases. For example, your timeline for investment, objectives of your investments, nature of your investments, other business and financial activities currently and in the future, plus family situation, all play a role. For someone unconcerned with flexibility and legal issues, who earns reasonable employment income and who is interested in a “buy and hold” strategy there is little tax incentive to incorporate. Alternatively, someone who wants to flip or develop properties, has more family members interested in owning real estate, or currently earns business income through a corporation may be more inclined to incorporate. Further, someone wanting to attract multiple investors may prefer to remain more neutral from a tax perspective. This can be accomplished using the “flow-through” capabilities of a limited partnership because the investors can themselves decide how they prefer to own their partnership units (for example, personally or through a corporation).

Considering alternative forms of ownership now, such as corporations and family trusts, is prudent.

4. Financing considerations With the guidance of your mortgage broker or financial institution representative, consider the impact of the potential structure on receiving financing for current and future properties. Various financing programs are often restricted to personal ownership, for example. Again, we’ve encountered a wide range of opinions from financing professionals but wish to emphasize that many legal and ethical ways exist to attract financing.

5. Professionalism and organizational issues Generally speaking, we think a corporation provides a more professional image and an ability to segregate personal from corporate activities. This level of professionalism may, however, scare off potential vendors or co-investors.

Similarly some people find it much easier to understand and track their real estate portfolio when everything is basically in the same pot, or owned personally as compared to having separate little “shelves” with one or more entities.

This brief synopsis shows that many choices exist, and in fact many more considerations and combinations are available, for ownership. But don’t get taken in by the sexiness of a fancy structure that you don’t understand and fails to meet your needs. You can grow into a structure when you’re ready. Changing your structure in the future may cost a little more, but you will have additional assets and cash flow to address these costs.

mar 8 -22, 2014 | New home & Condo guide eastern Ontario 35

homebuyers’help

Calculate your mortgage payments interest rate

amortization period

chart figure

example: 5%

25 years

5.82

mortgage amount ÷ 1,000 (mortgage amount $125,000)

125

Follow these steps to see if you’ll qualify for a mortgage on your dream home

01

05

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

Multiply this figure by the amount you need to borrow.

Divide by 1,000.

02

06

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

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

03

07

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

04

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

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

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

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

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

36 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

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 8 -22, 2014 | New home & Condo guide eastern Ontario 37

ottawa

HOt SHEET ashcroft Homes

Central Park • the next Live where downtown spirit meets community character, your prime location is your pathway to the best of Ottawa, and bountiful greenspace blends naturally. The Next brings it all together – smart condo living at the heart of Central Park. Starting at mid $200’s. Register now for VIP pricing at benext.ca

Westboro • QWesT A stroll under the arches and along Sisters’ Walk will be enough to convince you of how greenspaces and good design make life beautiful at Q West. The Q West team’s inspired vision both preserves and enhances this landmark property. Just released, second floor terrace suites! Visit our model suite located at the corner of Richmond Rd. and Leighton Terrace in Westboro or call 613.221.5926. liveqwest.com

CAMPANALE HOMES

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

Campanale Homes presents the centerpiece of their Longfield’s Station project, a four-story luxury condominium with one and two-bedroom apartments. Experience our customer service and quality craftsmanship by visiting our presentation centre, located in our model homes at 420 Via Verona Ave. Phone 613.440.3570 or visit our web site for floor plans and more info at campanale.com BARRHAVEN • LONGFIELDS STATION • TOWNHOMES • AND MORE

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

Loaded executive townhomes priced from $330,000. Visit our new model homes and sales centre located at 420 Via Verona Ave. in Barrhaven. Call 613.440.3750 or visit campanale.com

OTTAWA SOUTH • PRINCE OF WALES ON THE RIDEAU Located just minutes to downtown via the scenic Colonel By Drive, and an easy bike ride to the scenic Hog’s Back Falls and Vincent Massey Park.

This award-winning community features magnificent executive singlefamily homes, surrounded by more than 50 acres of greenspace and park bordering the Rideau River. Only a few lots remain. Call 613.440.3750 for more information or visit campanale.com

ARNPRIOR • CALLAHAN ESTATES Your distinctive destination. Just west of the scenic Madawaska River in old world Arnprior, this stunning location offers the best of both worlds.

You can 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

LONGFIELDS • Barrhaven – Singles • Townhomes Now selling singles and townhomes in Longfields at Barrhaven.

Visit 100 Longfields Dr. or contact Nicholas at Nicholas.karrandjas@cardelhomes.com, 613.290.4703. cardelhomes.com

kol at blackstone • kanata • condos KoL Condos coming soon to Blackstone. Register online at cardelhomes. com and be the first to receive insider updates. For more information, contact Harley Wallin at 613.836.9521, harley.wallin@cardelhomes.com

Notting Hill South • Orleans • condos Enjoy designer selected finishes in a brand new condo. Every single condo includes underground parking, six appliances, storage room, radiant heated floors, elevator and zero-maintenance comfort and convenience!

Contact Nicholas at 613.424.6780, nicholas.karrandjas@cardelhomes.com cardelhomes.com

38 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

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

LITTLE ITALY • NUOVO • United by Originality Nuovo is Ottawa’s latest urban condo development brought to you

by Domicile. This Barry Hobin design, situated in the heart of Little Italy, will offer unrivalled options for customization and personalization, allowing you to create a home that is truly yours. 613.728.7873. nuovocondo.ca

ORLEANS • BERGERON TERRACE Introducing Bergeron Terrace, set in Chapel Hill. Beautifully designed, quality built and affordably priced one-, two and three-bedroom terrace homes and urban flats. Conveniently located at the corner of Meadowglen and Orleans Blvd., Bergeron Terrace offers you all the best that Domicile has to offer. 613.223.5803. bergeronterrace.ca

Ottawa • HŌm Introducing HŌM, nestled beside Ottawa’s Little Italy and Dow’s Lake.

Everything’s within reach – including the price.

613.728.7873. domicile.ca

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

Pre-register online or call 613.728.7873. domicile .ca

Larco homes

Barrhaven • Longfields Innovative semi-detached homes in Barrhaven – models now open. larcohomes.com

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 $316,900. Limited time bonus offer. 613.425.5255. lemayhomes.ca

LONGWOOD

KANATA • DEEVY’S HOMESTEAD MODEL HOME NOW OPEN! Adult lifestyle attached bungalow townhomes on Equestrian Drive in Kanata. Sales Office on site. deevyshomestead.com or email SalesDeevys@longwoodbuilders.com Call 613.435.2155 for more information.

HUNT CLUB • NEIGHBOURHOODS OF HUNT CLUB New adult lifestyle attached bungalow community in Hunt Club. New Decorated Model Home and Sales Office on site at 204 Pondview Crescent. neighbourhoodsofhuntclub.com d.greene@longwoodbuilders.com or call 613.738.1349 for information.

CENTRAL OTTAWA • SONIA BY THE RIDEAU New 70 unit Condominium Building in Central Ottawa. Salesd office with Decorated Model Suite with unique European Extenzo Ceiling. soniacondos.com E-mail SalesSonia@longwoodbuilders.com or call 613.421.9736.

OTTAWA SOUTH • MONTAGE Fully Built. 36-unit Condominium building in Ottawa South. Two Model Suites open. Move in NOW! ONLY SIX SUITES remaining.

Located at corner of Clementine and Ohio off bank south of Billings Bridge. montagecondos.ca Call 613.897.0044 or d.greene@longwoodbuilders.com

ORLEANS • DORIMA TERRACE HOMES MODELS NOW OPEN! Perfect for the first time buyer or investor.

Terrace homes off Innes at 10th line. For more information dorima.ca or 613.424.2901 or d.mcfee@longwoodbuilders.com

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

Ottawa / Eastern Ontario / Gatineau Regions ORLEANS • MONDAVI COURT • TOWNS AND SEMIS OPENING SOON – Off Trim Road just north of Innes. 24 Townhomes and semi-detached Towns. Pre-register now to get advance information mondavicourt.ca

ROCKLAND • MORRIS VILLAGE Best value Single Family Homes and Bungalows. Perfect for growing families. Decorated Model Home and Sales Office. For more information longwoodbuilders.com/morrisvillage or 613-446-1506 or SalesMorris@longwoodbuilders.coma

RICHMOND • RICHMOND GATE NEW! Just Opened! Bungalow Semis in the town of Richmond.

Sales office on site. longwoodbuilders.com/RichmondGate or SalesRichmond@longwoodbuilders.com 613-444-04944

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

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

Phoenix Homes

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

SPRINGCRESS

WESTBORO • RAVENHILL COMMON 19 freehold towns, now under construction for summer 2014 occupancy.

Located two blocks from the heart of Westboro, stunning open concept two- and three-bedroom homes from 1,361 to 1,948 sq. ft. feature as direct access from underground parking garage, two-storey galleries and open lofts, private rear terrace and roof top decks. Ravenhill Common, Contemporary Brownstones, Churchill Ave. North, one block south of Byron at Ravenhill. Sales centre now open at 329 Richmond Rd. at the corner of Churchill Ave. ravenhillcommon.com. Call 613.825.0080 or email salesinfo@ravenhillcommon.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.

LENA St. • ARNPRIOR Three large 60-ft.-wide lots in a private 10-lot cull-de-sac on the Madawaska River. Each lot has access to the Madawaska river via a private pathway. Each lot has its own private dock on the Madawaska, with direct access to the Ottawa River. Price starting in the mid-$500’s.

The construction of a spec model home (for sale for summer 2014 occupancy) will start this fall.

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

Visit the sales office on Rockson Crescent Saturdays and Sundays between noon and 5 p.m. or call 613.296.7000. Deer Run model home now open. metrichomes.com

WESTBORO • 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

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

Tamarack Homes

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

Orleans • Chaparal Grand opening, new gallery townhomes from $279,900 Call 613.837.1511 or visit tamarackhomes.com

Uniform Urban Developments

Minto/Canderel

Westboro • UpperWest A 25-storey landmark address in the heart of Westboro – just steps from upscale dining and shopping. Choose from stunning open concept suite designs, with sun drenched rooms and spectacular interior finishes. Enjoy state-of-the-art fitness centre, entertainment lounge plus an expansive outdoor terrace. 613.788.2786. liveupperwest.com

Leitrum • Findlay Creek Grand opening! Five new decorated townhome models in Findlay Creek Village. Call 613.247.0081 or visit tamarackhomes.com

barrhaven • The Orchard Grand opening for The Orchard in Barrhaven South, near Stonebridge.

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

Call 613.491.2277.

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

Kanata • Richardson Ridge Three stunning model homes now open. 100 Grand Manan Circle (corner of Hunstville Drive and Grand Manan Circle.) 613.435.7751.

Hours: Monday to Thursday noon to 7 p.m., Friday to Sunday noon to 5 p.m., holidays noon to 5 p.m. barrhaven • The Orchard Stunning new townhome product now available for sale along with a new lot release. 3699 Jockvale Rd. 613.608.8079. Hours 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 mar 8 -22, 2014 | 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

Callahan

x

x

Inquire

23

Arnprior

Campanale

Riverwood Estates

x

x

Inquire

23

Barrhaven

Monarch

Longfields

x

x

From $329,990

4, 5

Barrhaven

Valecraft

Woodroffe Lofts

x

From $258,900

22

Carp

Metric

Westlake South Estate

x

Inquire

18

Kanata

Mattamy

Fairwinds

x

x

From $224,990

6, 7

Kanata

Mattamy

Monahan Landing

x

From $224,990

6, 7

Kanata

Monarch

Blackstone

x

Inquire

4, 5

Kanata

Phoenix

Fernbank Crossing

x

From $383,400

Kanata

Uniform Developments

Richardson Ridge

Kanata

Uniform Developments

The Orchard

Kanata

Valecraft

Stittsville

x

x

21

Inquire

8, 9

x

$497,000

8, 9

Trailwest

x

$296,400

22

Metric

Arbourbrook Estates

x

Inquire

18

Stittsville

Tamarack

Jackson Trails

x

Inquire

BC

Stittsville

cardel

Deer Run

x

Inquire

2

Westboro

Springcress

Ravenhill Common

x

From $599,400

27

SOUTH Barhaven

Claridge Homes

West Pointe Village

x

x

From $281,900

Barrhaven

Cardel

Homes

x

Inquire

2

Barrhaven

Larco

Longfields

x

x

Inquire

3

Barrhaven

Mattamy

Half Moon Bay

x

x

$219,990

Barrhaven

Tamarack

The Meadows

x

x

x

Inquire

BC

Hunt club

Longwood

Huntclub Bungalows

x

Inquire

12, 13

Leitrim

Lemay Homes

Findlay By The Park

x

x

From $316,900

29

Leitrim

Tamarack

Findlay Creek

x

x

Inquire

BC

Manotick

Minto

Mahogany

x

Inquire

26

Nepean

Monarch

Stonebridge

x

x

Inquire

4, 5

Nepean

Monarch

The Links

x

Low $200's

4, 5

Richmond

Metric

King's Grant

x

Inquire

18

South Ottawa

Campanale

Longfields

x

Inquire

23

South Ottawa

Campanale

Prince of Wales on the Rideau

x

Inquire

23

40 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

x

x

x

x

x

x

10, 11

6, 7

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

Central Central

Valecraft

Aviation Private

x

From $299,900

Craig Henry

Larco

Accolade

x

Inquire

22

3

EAST Cumberland

Metric

Camelot Estates

x

Inquire

Navan

Claridge

Spring Valley Trails

x

x

From $276,900

Orleans

Metric

Notting Hill

x

x

Inquire

18

Orleans

Tamarack

Chaperal

x

x

Inquire

BC

Orleans

Valecraft

Bradley Estates

x

x

Inquire

22

Rockland

Longwood

Morris Village

x

Inquire

12, 13

x

x

x

x

18

10, 11

CONDO Barrhaven

Campanale

Longfields Station

x

Inquire

C4

Central

Claridge Homes

Icon

x

Inquire

C13

Central

Domicile

Nuovo

x

Inquire

C15, C17, C19

Central

Soho Parkway

Soho Champagne

x

Inquire

C23

Downtown

Lamb Developments

Soba

x

Inquire

C10

Downtown

Richcraft

Bowery

x

Inquire

C24

Orleans

Cardel

Notting Hill

x

Inquire

C2

Orleans

Domicile

Bergeron

x

Inquire

C14

Ottawa Central

Richcraft

The Galleria

x

Inquire

C11

South Ottawa

Theberge Homes

Hunt Club

x

Inquire

C5

Stittsville

Equinelle

Foxwood Collection

x

Inquire

C9

West Ottawa

Qualicum

Woods Crossing

x

Inquire

C23

West Ottawa

Westboro Point Development

The Azure

x

From $280,000

C3

mar 8 -22, 2014 | New home & Condo guide eastern Ontario 41

Please see advertisers ads for Site locations

42 New home & Condo guide eastern Ontario | mar 8 - 22, 2014

7

Darling

17

almonte

west

15

North Gower

richmond

south

29

416

manotick

16

Vernon

russell

embrun

Iroquois

morrisburg

31

east

rockland

morewood

Cardinal

osgoode

greely

Kemptville

Nepean

smith Falls merrickville

7

Vanier

Cumberland

orleans

CeNtraL gloucester

ottawa

hull

aylmer

gatineau

stittsville Barrhaven

Kanata

Carp

South Elmsley

Carleton Place

Bathurst

mcNab

arnprior

gatiNeau

QueBeC

417

Casselman

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

401

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

You want to live where downtown spirit meets community character.

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

Where bountiful green space blends naturally into your day.

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

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

Ready to occupy by Fall 2014 — or buy next door at 111 West and move in now!* *Visit the sales centre for more details.

RICHMOND & I S L A N D PA R K

LiveQWest.com Discover

West and

the excitement.

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

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

the new you.

ashcroft-homes.com benext.ca

613-221-5913

SALES CENTRE: 300 Central Park Drive

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

Designer Homes!

Upgraded homes ready for quick occupancy Call for details: (613) 692-0500

Call for details: (613) 247-0081

Call for details: (613) 837-1511

Call for details: (613) 545-2500