Eastern Ontario New Home & Condo Guide - Mar 18, 2017

MAR 18 - APR 1, 2017 VOLUME 17, ISSUE 6, FREE

-O PULL UT SEC AL TI CI

N O

SP E

EASTERN ONTARIO EDITION

CO

FEATURING

N

DO M

IT IE S

spotlight on condos U INIU M COMM

N

NEW SHOW HOMES

NOW OPEN

in

MAHOGANY, MANOTICK INSIDE THIS ISSUE

EQ AWARDS CELEBRATE ONTARIO’S GREEN BUILDERS

WHY A NEW HOME MIGHT BE RIGHT FOR YOU

CANADA’S EVOLVING HOUSING MARKET

Sign up now for special offers, incentives and latest news at mintomahogany.com

Your new home in Manotick

439,900

from

$

Elderberry Show Home | 3,028 sq. ft.

Check out our Show Home galleries online at showhomes.minto.com

DISCOVER OUR NEW SHOW HOMES – NOW OPEN

3 New Show Homes

New 38’ Collection

Brand New Lots

Explore our three brand new

Discover our new

View our recently released

Show Homes from the 47’

collection of 38’ lots,

Single Family Homes on

and 60’ Collections.

starting at $439,900.

new 47’ and 60’ lots.

Find out more at mintomahogany.com

38’ Brierwood A | 2,108 sq. ft.

Mahogany Sales Centre 108 Moretto Court, Manotick

Hours: Monday: 12pm to 7pm Tuesday-Thursday: 11am to 7pm Friday: Closed Weekends & Holidays: 11am to 5pm Price and specifications are subject to change without notice. E.&O.E.

GET $15,000 TOWARDS PERSONALIZING YOUR NEW HOME IN BARRHAVEN

The Valleyfield Model Home in Half Moon Bay, Barrhaven

SALES CENTRE HOURS

Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm

MODEL HOME HOURS

Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm

Today Get Up To $15,000 In Design Studio Credits Or Up To $10,000 Off The Purchase Price

BARRHAVEN Townhomes

From $239,990

Detached Homes

From $344,990

SALES CENTRE 3454 Greenbank Road • 613-825-7932

ELEVATION ‘A’

Village Home, The Thornbury End ‘A’, 1,391 Sq.Ft. $266,990 Includes: $15,000 at Décor or $10,000 Off Purchase Price & 3 Stainless Steel Appliances

ELEVATION ‘A’

2-Storey Townhome, The Chestnut ‘A’, 1,242 Sq.Ft. $279,990 Includes: $12,000 at Décor or $8,000 Off Purchase Price & 3 Stainless Steel Appliances

30' Home, The Marigold Corner ‘B’, 1,710 Sq.Ft. $384,990 Includes: $15,000 at Décor or $10,000 Off Purchase Price

36' Home, The Elm ‘B’, 1,902 Sq.Ft. $416,990 43' Home, The Westlynn ‘B’, 2,907 Sq.Ft. $507,990 Includes: $10,000 at Décor or $10,000 Off Purchase Price Includes: $15,000 at Décor or $10,000 Off Purchase Price

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

MATTAMYHOMES.COM

Exclusive Zen Urban Flats Deal your new Zen Urban Flat when you SAVE $10,000 on purchase and close before JUNE 2017!*

Sundance Zen Urban Flats Sundance is the perfect blend of nature and convenience of urban living. Rife with greenery, playgrounds, and community life, this area is quickly becoming Ottawa’s number one choice for families. One listen to the murmurs of Findlay Creek, or the feeling of a warm summer’s breeze on nearby trails will have your entire family enamoured with this charming community. Coupling proximity to schools and bus routes with forests and creeks, Sundance is the perfect community in which to live, play, and grow.

Visit our sales centre and ask our representative for more details on how you can save $10,000 on your purchase today!* 779 Fiddlehead St., Bank St South 613-425-1332

*Exclusive Zen Urban Flat deal applies to units in Building E only. Conditions apply, please contact a sales representative for more details.

Move in ready homes across the city As Ottawa’s largest builder of homes and condominiums we have plenty of move in ready homes waiting for you across the city. Ready immediately, or in as little as 4 months, we have homes big and small that will fit every unique lifestyle.

SOPHIA II B (Findlay Creek)

THE MOONEY’S BAY (Hunt Club)

Immediate Availability 3400 sq ft Single Home (Lot 124) Over $55K in upgrades Only $592,900

Immediate Availability 990 sq ft 2 Bed Condo Flat (Block C Unit 104) Only $277,900

JACKSON (Barrhaven)

DUFFIELD(Riverside South)

Immediate Availability 3030 sq ft Single Home (Lot 98) Over $30K in upgrades Only $602,900

Immediate Availability 2725 sq ft Single Model Home (Lot 5) Over $35K in upgrades Only $536,900

AZURE (Navan)

UNITY (Kanata)

Availabile Summer 2017 1620 sq ft Townhome (Block 46 Unit 239) Only $292,900

Immediate Availability 1875 sq ft Townhome (Block 10 Unit 53) Over $30K in upgrades, corner unit Only $391,900

*Prices and specifications are subject to change without notice. E.&O.E. Some conditions may apply.

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

contents MAR 18 - APR 1, 2017 | VOLUME 17 ISSUE 6

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES, NATIONAL

Moe Lalani SENIOR MANAGER, CONTENT

Jennifer Reynolds SALES MANAGER, EASTERN ONTARIO

Paul Bimm EDITOR

Wayne Karl ART DIRECTOR

Tammy Leung CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit Lydia McNutt

ON THE COVER

18

C04

SALES CO-ORDINATOR, EASTERN ONTARIO

Sarah Khan

NATIONAL CIRCULATION MANAGER

trending

John Jenkins

C12 EQ Awards

EnerQuality Awards celebrate Ontario’s Green builders

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

Dennis Ng

Minto

Mahogany – new designs and decorated models

advice

GRAPHIC DESIGNERS

C10 Home Smarts

Miguel Cea Mike Terentiev

Why a new home might be the right choice for you

by Marnie Bennett

Condo Insert | C01-C16

Spotlight on Condos

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

016 Fundamentally Speaking

Why a new home might be the right choice for you

by Wayne Karl

026 GOHBA Report Canada’s evolving housing market

010 Editor’s Note

by John Herbert

021 Mortgage Rates 024 Advertisers Index

+ online

027 What’s Online NEIGHBOURHOOD

property profile

C04 Claridge Homes

Tribeca Lofts – premium urban living

018 Minto

Mahogany – new designs and decorated model homes

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1 ADVERTISING Call 416.626.4200 for advertising

in every issue

022 Hot Properties

PUBLISHED Saturdays, 2017 Publishing Schedule:

LOOK FOR THE CIRCLE

rates and information.

CIRCULATION Highly targeted, free distribution

system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

COPYRIGHT 2017 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

TERMS Advertisers, editorial content and New 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. Email wayne.karl@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

Editor’s Note

Hello, Queen’s Park.

Are you listening?

IT’S A CLASSIC CASE of Catch-22. Residents of the Greater

WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

Toronto and Hamilton Area (GTHA) who are fortunate enough to already own homes are loving the double-digit price growth. Prospective homebuyers, on the other hand, cringe; they face barriers to entering the housing market that seem to multiply on a monthly basis.

Why does this matter to homeowners or buyers in Eastern Ontario? Because, as Greater Ottawa Home Builders’ Association Executive Director John Herbert explains on page 26, it’s only a matter of time before the dynamics unfolding in the GTHA begin to impact the market in Ottawa and surrounding areas.

The issue at hand? Ontario government land-use policy that, in short, restricts the supply of lowrise homes.

And since demand isn’t diminishing, prices are rising – prohibitively high and fast.

The home building industry in the GTHA has been speaking out on the issue for months, if not years. Other important voices recently chimed in, including the Ontario Real Estate Association and the Ontario Home Builders’ Association. The associations are urging Queen’s Park to create a housing experts task force to provide ideas for increasing housing supply in Ontario, thus alleviating the growing home affordability challenges facing Ontarians.

We’ll see if the provincial government is listening.

ONLINE

SEE MORE PHOTOS ONLINE

One of Ottawa’s oldest suburbs, Sandy Hill is best known for its proximity to the University of Ottawa as well as its many steep hills, perfect for a neighbourhood walking workout. Read the full story… ypnexthome.ca/sandy-hill

+ get social 10 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

b r e a k f a s t a r o u n d t h e c o r n e r.

FLOOR PLAN HIGHLIGHT

MOVE-IN READY MACLAREN UNITS

THE MACLAREN

TERRACE HOME 2 BEDROOMS 2.5 BATHROOMS 1440 SQ. FT. • Energy Star certified • 6 Appliances included • Large private balcony • Hardwood flooring throughout living room & dining room • Ceramic tile flooring throughout kitchen/breakfast, all bathrooms & mechanical rooms • Both bedrooms feature a private ensuite bathroom

2 NEW MODEL HOMES Be the first to view our newly designed model homes in Aviation Private and take advantage of the limited-time incentives.

Prices Reduced by $10,000 +

$3,500* Shopping Spree at Dufresne Furniture +

Win Your Mortgage Payments for a Year Contest*

602 Danaca Private, Ottawa Call: (613) 680-4771 * See sales consultant for details. Prices, terms and specifications are subject to change without notice. E & O.E.

Monday - Thursday: 12pm - 7pm Friday - Sunday: 12pm - 5pm

MAR 18 - APR 1, 2017 VOLUME 17, ISSUE 6, FREE

EASTERN ONTARIO EDITION

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

% 95 !

Ld so Luxury suites starting from the $230’s

spotlight on condos

Come visit our new luxury model suites today

C2

Nestled on the edge of the Ottawa River, in Orléans, Petrie’s Landing harnesses the natural beauty of its surroundings in order to provide residents with a unique balance of rural and urban living.

Housing types ›

Condominiums

Petrie’s Landing

21 KM froM parliaMent 8865 Jeanne d’Arc Blvd. N. Orléans, ON

613.824.4059

spotlight on condos

C3

Property Profile | CLARIDGE

condo cover story

Tribeca Lofts Premium urban living

spotlight on condos

LOCATED IN CENTRETOWN, Tribeca Lofts is

C4

one of Claridge’s premium buildings in the downtown core. These exclusive lofts offer luxurious and stylish suites for those with impeccable taste. Best of all – these lofts are only steps from the Parliament Buildings and Sparks St. The eighteen remaining lofts for purchase won’t last long.

Your new loft is at the heart of one of Canada’s most exciting urban centres.

Shopping, nightlife, restaurants, transit and all of the amenities of a global capital surround Tribeca. These 20 premium-designed lofts give you the freedom to experience it all or escape to the outdoor terrace and relax. Custom crafted kitchens and designer finish packages mean you don’t have to compromise quality for location or style, while proximity to the Confederation Line LRT makes all of Ottawa’s core just a short walk away.

Just minutes from your front door, you’ll find a cultural hotbed of fabulous shops, clubs, bistros, restaurants and cafes. Taste all the top notch restaurants along Elgin Street, hit up the boutiques on Bank Street, and party the night away in the ByWard Market. On the ground floor of Tribeca, there is downtown Ottawa’s newest grocery store, the Sobeys Urban Fresh, which means you don’t even need to leave the building to do your groceries. There are endless possibilities when you make Tribeca your new home.

With many OC Transpo routes, bike lanes, and bike paths, you’ll quickly find you don’t need a car; Tribeca is the epitome of urban living The new LRT line will also be opening at the corner of O’Connor and Queen Street and will run through the atrium of the Sun Life building. Steps from Parliament Hill and at the centre of Ottawa’s downtown

Location

Centretown, Ottawa Builder

Claridge Development

Tribeca Lofts Home Type

Condos/Lofts Sales Centre

56 Nepean St., open Saturday, Sunday & holidays noon to 5 p.m., Monday to Thursday noon to 7 p.m., closed Friday Contact

Ron Deangelis 613.234.1780 tribeca@claridgehomes.com claridgetribecalofts.com

business district, this new underground station supports the highest projected use on the Confederation Line.

Amenities are in abundance at Tribeca. On the second floor, you’ll find recreation and fitness facilities, including swimming pools and an on-site gym. There are meeting rooms and community rooms for hanging out. Catch a glimpse of your city from the landscaped terraces on the south side and never worry about having space for visitors as Tribeca offers two bookable guest suites that you can reserve for any occasion.

Tribeca Loft will put you right at the centre of the action for Canada’s 150th birthday celebration. Whether you have tickets to the 1,000 person dinner along Wellington Street, or you’re looking to enjoy the fireworks and concerts on Canada Day, your new home will be the perfect place from which to enjoy the show.

An award-winning leader in the Ottawa residential development market, Claridge Homes was incorporated in 1986 by founder and President Bill Malhotra. As the city’s largest condominium builder, with more than 2,000 homes currently under construction, Claridge has transformed Ottawa’s skyline with innovative projects such as 700 Sussex, LeBreton Flats and the Claridge Plaza Towers. Claridge Homes was recognized by Tarion in 2012 as a Customer Service finalist for High Rise Builder of the Year.

For more information on Tribeca Lofts, please visit the sales centre or call a sales representative. You can also pre-register at claridgetribecalofts.com MAR 18 - APR 1, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C5

spotlight on condos C6

TWO SHOW SUITES. TWO STYLES. ONE CRĂˆME. Are you looking for sleek, vibrant and contemporary? Or maybe warm, rich and classic is more your style? Visit the flats at the Crème presentation centre for a taste of both. Each offer spacious 2-bedroom suites, heated underground parking, elevator access and a maintenance-free lifestyle. Starting at only $299,000.

Revision Studio Material Deadline Insertion date Final Bleed Final Live Final Trim

613 - 807 - 0316 Mon - Thurs: 12pm - 6pm, Sat - Sun: 12pm - 5pm, Fri: Closed

Ad Number

3413 Navan Road At the crossroads of Navan and Renaud, by the old red barn

spotlight on condos

Presentation Centre

cremehomes.ca C7

YOUR LOFT IS HERE Downtown Ottawa is transforming; make your own transformation a part of it. Your new loft is at the

spotlight on condos

heart of one of Canada’s most exciting urban centres. Shopping, nightlife, restaurants and transit are

C8

all of the amenities of a global capital surrounding Tribeca. These twenty premium-designed lofts give you the freedom to experience it all. Custom crafted kitchens and designer finish packages mean you don’t have to compromise quality for location or style.

VISIT OUR SALES CENTRE TODAY AND BE ONE OF THE FIRST TO SEE OUR NEW MODEL!

56 Nepean Street | 613 234 1780 •

TAKE ADVANTAGE OF UPGRADED FINISHES AND NEW LOW PRICES IN EVERY TRIBECA LOFT www.ClaridgeTribecaLofts.com

•

MOVE IN READY LOCATIONS

AROUND THE CITY $ 5OF

0KF*

0KF*

$ 5OF

WATERSTREET

TRIBECA EAST

Studio, 1 & 2 bedroom units starting from $286,000

Studio, 1 & 2 bedroom units starting from $255,000

300 Lett Street 613-232-2049

112-316 Bruyère Street 613-680-6560

56 Nepean Street 613-234-1780

STIRLING PARK

CLARIDGE PLAZA

CLARIDGE ICON

1 & 2 bedroom units starting from $272,000

Studio, 1 & 2 bedroom units starting from $232,000

1 & 2 bedroom units starting from $291,000

107-330 Titan Private 613-224-0330

244 Rideau Street 613-241-3235

485 Preston Street 613-695-1441

0KF*

$ 2OF

N R TIO DEUC UNSTR N CO

FUSION 1, 2 & 3 bedroom units starting from $278,000

* 50K & 20K deals valid for corresponding buildings only. Valid for 2 bedroom condominiums, not valid for Fusion Boutique Townhomes. Conditions apply, contact a sales representative for more details.

Claridge Homes

BUILDER

NO DOWN PAYMENT? NO PROBLEM! Claridge Homes now allows you to BUILD YOUR DOWN PAYMENT during your first year of possession! Some conditions apply. This offer is only valid for select move in ready condos at the following properties: Tribeca, Fusion, Plaza, Stirling Park and Waterstreet. Contact a sales representative for more information!

ClaridgeHomes.com

spotlight on condos

DOWN PAYMENT

C9

Advice | HOME SMARTS

The art of selection Why a new home may be right for you

By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AS A REALTOR, I can’t help but

notice the distinct decision-making processes my clients face depending on whether they’re buying a new or a resale home. The differences are striking.

Clients looking at resale homes generally wait to fall in love with a specific house on a specific lot, or a specific condo in a specific building.

They need to develop the ability to see past the (often unfortunate) decorating choices of previous owners, and to envision how possible renovations might make the place more suitable for their own needs.

Those of you in the new home market face entirely different decisions. Your options are far greater, which is wonderful. Of course, this also means that you have more decisions to make. Rather than making the best of another family’s choices, you’re able, in essence, to create the home in which you want to live – from layout to finishes to exterior appearance. In addition, you’re able to place that home on the site of your choice, whether it’s an extra-deep lot, a cul-de-sac or a south-facing location on the eleventh floor.

Shopping for both new and old homes requires creativity and vision, but new homes provide the advantage of a clean canvas from which to work.

As so many television programs demonstrate, just about any older house can be transformed into a beauty with the help of some dramatic renovations – but those C10 YPNEXTHOME.CA

same shows are often honest in their depictions of the dust, headaches and unforeseen difficulties that can be encountered. There’s no doubt that the results are rewarding, but even minor renovations require patience and determination. A new home is a gift to those of us who simply don’t have the time and energy to expend on such projects, or who have children running underfoot.

On occasion, I encounter clients who have been pounding the pavement for months – or even years – before finally coming to the realization that their list of “musthaves” can only be met by purchasing new. Once they’ve found the right builder, they begin to become excited by the range of possibilities and the degree of control they have over the

ultimate appearance of their home.

Consider this: a choice as basic as the colour of exterior brick is an expression of your personal taste, and it will stand for a hundred years. That’s an inspiring thought.

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 Marnie Bennett is a broker and CEO of the 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 two weekly radio shows Marnie’s Real Estate Hour and The Real Estate Edge, a millionaire real estate investor and a wealth management coach. bennettpros.com

Live and Play ON THE

SOUTH COAST OF CANADA TALL SHIPS LANDING IS LOCATED IN BROCKVILLE, CITY OF THE WORLD FAMOUS 1000 ISLANDS. TALL SHIPS COTTAGE-INIUMS™ COMBINE CAREFREE CONDO LIVING IN AN EXTRAORDINARY COASTAL RESORT, AFFORDING YOU MORE TIME FOR MAKING MEMORIES WITH FAMILY AND FRIENDS.

NEW

UP TO

S” TE

OMIZATION S UST UI “C

$100,000 CASH BACK

WH

IL E

QUANTITIES L

AS

T

BEST RECREATIONAL WATERFRONT LIFESTYLE IN CANADA

613-498-7245 (SAIL) | TALLSHIPSLANDING.COM |

Co-operating Brokers Welcome

spotlight on condos

To book a viewing contact TallShipsLanding@Fuller.ca

C11

Trending

EQ Awards celebrate Ontario’s best Green home builders ONTARIO’S BEST GREEN HOME builders

were recently celebrated at the EnerQuality EQ Awards Gala, following EQ’s annual Innovation Forum.

“Innovation is ideas brought to life.

Ideas that change the world. With these awards we celebrate the changemakers – the innovators and leaders who have put their ideas into practice,” says Corey McBurney, president of EnerQuality.

The theme of the Innovation Forum was New, Now, and Next and focused on new thinking, new products and new techniques for advancing Green building performance.

In addition to celebrating winners in 16 categories, the Awards Gala also saw Paul Golini Jr., co-founder and

executive vice-president of Empire Communities, inducted into the EnerQuality Hall of Fame. Empire Communities is one of Canada’s largest real estate development companies, having built more than 10,000 new homes and condominiums in Canada and the U.S. New this year was the Impact Award, recognizing a builder’s significant voluntary progress in reducing carbon emissions and outstanding achievements through energy efficiency and sustainability practices.

The recipient of the inaugural Impact Award was Mattamy Homes, one of North America’s largest privatelyowned home builders. …continued on page C14 Paul Golini Jr., left, co-founder and executive vice-president of Empire Communities, receives the EnerQuality Hall of Fame Award from EnerQuality President Corey McBurney

1

2

C12 YPNEXTHOME.CA

1. Arista Homes – Vaughan 2. The Minto Group – Toronto and Ottawa

ELS D O M N OPE

DOWNTOWN LIVING RICHCRAFT STYLING THEY’RE HERE. The fabulous model suites at the Bowery, 255 Bay St. Limited-time bonus includes European stainless steel appliances, in-suite washer + dryer, quartz counters, storage locker and hardwood throughout.

On the rooftop: Club B, a place to gather, lounge, eat, swim and workout.

MODERN STUDIO, 1+2 BDRM + 2 STORY LOFTS FROM $194,000

THEBOWERYCONDOS.CA • 613.695.7577

spotlight on condos

condos + lofts

C13

2016 EQ Award Winners: Building Innovation – Lowrise Arista Homes – Vaughan

Building Innovation – Mid/Highrise Times Group – Valleymede Towers, Richmond Hill

Energy Star for New Homes Builder of the Year - Small 3

Castleform Development Inc. – Toronto

Energy Star for New Homes Builder of the Year - Mid

3. Great Gulf Homes – Active House Centennial Park, Toronto 4. Reid’s Heritage Homes Cambridge 5. Geranium Homes – Markham 6. Mattamy Homes – Toronto

Mason Homes – Concord

Energy Star for New Homes Builder of the Year - Large The Minto Group – Toronto and Ottawa

Best Green Marketing Campaign Great Gulf Homes – Active House Centennial Park – Toronto

Green Renovation Project of the Year RND Construction – Ottawa 4

Ontario Green Builder of the Year Reid’s Heritage Homes – Cambridge

Energy Star Champion of the Year Lisa Bergeron, JELD-WEN – Quebec City

R-2000 Builder of the Year Sloot Construction – Guelph (Arkell)

Net Zero Home Builder of the Year Reid’s Heritage Homes – Cambridge

Evaluator of the Year Jack Zhou – Markham 5

Builder Achievement Award (Sponsored

by JELD-WEN) Doug Tarry – St. Thomas

Leader of the Year Jennifer Weatherston, Reid’s Heritage Homes – Cambridge

Savings by Design (Sponsored by Enbridge) Geranium Homes – Markham

Impact Award Mattamy Homes – Toronto 6

C14 YPNEXTHOME.CA

FINAL DEVELOPER RELEASE

UP TO

$60,000 OFF DEVELOPER PRICES!*

EXCEPTIONAL CONDOMINIUM HOMES

FROM $242,900

224 LYON ST. (AT GLOUCESTER ST.) MON-WED 11-5PM | SAT+ SUN 12-5PM | THURS + FRI APPOINTMENT ONLY

*Based on a promotional discount of the current purchase price of the suite. Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected.

Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

spotlight on condos

JUST A FEW SUITES REMAIN

C15

C16

spotlight on condos

Y VE SA NT LE OR

IN

PLATEAU DU PARC 9 KM FROM PARLIAMENT

Corner of ch. Pink & boul. des Grives, Gatineau

N E FOW C R O RE ND N O T S

From the

370’s

$

*

JARDINS McCONNELL 11 KM FROM PARLIAMENT

235-3 Chemin Vanier, Gatineau

N E FOW C R O RE ND N O T S

Rent from $795*/mo.

HORIZON

8 KM FROM PARLIAMENT

W C AT O E M R M FR U O N N IT T Y

Corner of ch. Pink & boul. des Grives, Gatineau

DOMAINE DU VIEUX-PORT 9 KM FROM PARLIAMENT

1400 boul. St-Joseph, Gatineau

3

LO ON TS LY LE FT

From the $260’s*

LOREKA COURT 29 KM FROM PARLIAMENT Loreka Court, Ottawa

IM O OR M C F ED C U IA U T T PA U E N R C Y

From the $160’s*

KANATA LAKES 26 KM FROM PARLIAMENT

C N NE O O W N W P ST U H RU N AS C DE E TI R O N

126-4 Battersea Crescent , Ottawa

SINGLE FAMILY HOMES Luxury homes near Gatineau Park CONDOS Rent your suite with loft & rooftop terrace

CONDOS New luxury condos with loft, rooftop terrace & indoor parking. Offers PVC kitchen cabinets & quartz countertops.

819.669.4663 CONDOS New hotel-inspired luxury condos ideal for professionals and young active retirees.

Offers common area including a large rooftop terrace.

CONDOS A waterfront paradise with urban lounge on the top floor

LOTS You want to build your dream home?

40 x 147 feet lots located on a private street

CONDOS New luxury condos with common rooftop terrace & indoor parking. Also offers a fitness centre and amelitie room with kitchenette

SINGLE FAMILY HOMES Luxury homes in a quiet neighbourhood

117 McGregor St., Carleton Place

CONDOS Rent your contemporaty suite now

From the $279’s*

819.776.4663

PRESTIGE HOMES High-end homes in one of the most sought-after community

CARLETON CROSSING 51 KM FROM PARLIAMENT

819.776.4663

*See Sales Representative for details. Prices, specifications, features and offerings are subject to change without notice.

E & O.E. Promotions may be changed and/or cancelled at any time without notice.

819.777.4663

613.831.0126

613.317.2438

613.257.4079

brigil.com

Advice | FUNDAMENTALLY SPEAKING

More first-time buyer assistance, please

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHEN WE HAVE double-digit price

growth in some markets, supply shortages reaching “crisis” levels and people having little choice but to drive further into the suburbs for housing options other than condos… who could blame firsttime homebuyers if they feel a little discouraged?

In the GTA, the Building Industry and Land Development Association (BILD) has been speaking out on the issue for months, if not years.

President and CEO Bryan Tuckey recently said the supply shortage has reached crisis levels.

And more recently, mayors and other municipal leaders – notably former mayor of Mississauga Hazel McCallion – throughout in the Greater Golden Horseshoe Area have joined the chorus.

Now another important voice is speaking out.

“If first-time buyers, young families, newcomers to our province, are going to have any chance at homeownership, provincial and municipal governments must focus on increasing housing supply,” says Tim Hudak, CEO of the Ontario Real Estate Association.

Prime Minister Justin Trudeau has promised to address homeownership affordability and other issues through the federal government’s Home Buyers’ Plan (HBP) and other tools.

This has yet to happen. Hopefully, we’ll see some measures in the federal budget to be tabled on March 22, or in the National Housing Strategy, coming later this year.

16 YPNEXTHOME.CA

“If first-time buyers, young families, newcomers to our province, are going to have any chance at homeownership, provincial and municipal governments must focus on increasing housing supply.”

So, until then, first-time buyers can only save as best they can, and take advantage of whatever programs are available, besides the HBP. Thankfully, lenders are increasingly doing their part.

With the new B.C. Home Owner Mortgage and Equity Partnership (B.C. HOME Partnership), created to help first-time homebuyers in the province with repayable assistance loans, BMO recently announced its own cash incentive on a national scale. It provides up to $1,000 to eligible firsttime buyers.

“The introduction of this offer is

timely, considering the program the B.C. government has put into effect to assist with the costs associated with home ownership,” says Michael Bonner, senior vice-president and regional head, B.C. & Yukon Division, BMO Financial Group. “We are committed to helping our customers meet their home ownership dreams.

While the provincial government’s offer is exclusive to B.C., our hope is to support all Canadians who come to us for this important milestone and investment.”

Builders are also doing what they can, with first-time buyer assistance programs that afford buyers some flexibility with respect to down payment schedules.

With some sources saying the chances of the Ontario government changing its land use policy is “zero,” we need a lot more of this creativity from all parties.

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@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl

GRAND OPENING 4 SPECTACULAR MODEL HOMES

MAKING ROOM FOR FAMILIES TO THRIVE. Discover the home of your dreams when you tour our four fabulous new Models at Fernbank Crossing from eQ Homes. With a brand new selection of beautiful single family homes in both contemporary and craftsman styles, you’ll find room after room where families can thrive. Imagine a 2-storey home with a unique “bonus room” offering 2nd floor hideaways featuring expansive ceilings, an abundance of natural light, and the ability to change according to your family’s growing needs. All in a superb Stittsville location, close to everything and an easy commute to Ottawa.

A Life-Enriching Community Grand Opening Bonus of up to $20,000*

in Décor Dollars.

Singles from the low $400’s 632 Cope Drive, Stittsville off Fernbank Rd. 613.404.8075 *See sales representative for further details. Not valid with any other offers.

Bonus based on 2-storey homes only. For a limited time only. Prices and specifications are subject to change without notice. E. & O.E.

eqhomes.ca

Property Profile | MINTO

cover story

The Butternut – Mahogany, Manotick

Minto’s Mahogany New designs and decorated model homes of Manotick, Mahogany by Minto is an oasis for homeowners in search of a quiet and serene neighbourhood.

Only a short drive from the city’s centre, Manotick is a quaint village with over a century of history. Walk along Main Street and visit the local museums, restaurants, cafes and craft stores. Perfect for families and retirees alike, Manotick offers the feel of a cottage escape, with the convenience of city life.

On Saturday, March 4, Minto unveiled three new designer decorated showhomes at Mahogany.

These models are from the collections of homes that fit on 47and 60-ft. lots.

The Butternut This bungalow design is the perfect home for empty-nesters looking to 18 YPNEXTHOME.CA

move from their two-storey home to a bungalow. The Butternut features two bedrooms plus den, and in this model there is a spacious finished basement with an additional bedroom and bathroom for guests.

The heart of the home is the open concept kitchen, dining room and Great Room space with large windows and fireplace. The classic kitchen is located in the centre of the home with extended island and breakfast bar, perfect for cooking or spending time with family and friends. The main floor also includes a laundry room for easy access and a covered deck off the dining room for relaxing or a barbecue.

The traditional decor of the home is complemented with contemporary touches, done in a palette of charcoal, olive and pale pink blush.

A classic look and feel nods to

the past, but is made current with contemporary finishes and colours.

The Heartwood Growing families are the inspiration behind the Heartwood design – those who are looking for more space to suit the needs of parents and kids to accommodate their busy lifestyle. The Heartwood features four bedrooms, 2.5 bathrooms and a main floor den.

Families will love the Heartwood’s separate formal dining room when friends and family come to visit for a meal. For day to day, the main hub of the home and gathering space for the family is the bright and airy open kitchen with oversized island, breakfast area and Great Room.

The showhome in Mahogany has been designed with modern aesthetics – clean lines, geometric shapes, neutral colours and soaring

PHOTO BY GORDON KING PHOTOGRAPHY

NESTLED IN THE IDYLLIC community

Location

Manotick Builder

Minto Development

Mahogany Home Type

Single-family homes Sales Centre

108 Moretto Crt., Manotick, open Monday noon to 7 p.m., Tuesday to Thursday 11 a.m. to 7 p.m., closed Friday, open weekends & holidays 11 a.m. to 5 p.m.

Contact

613.788.2776 mahoganysales@minto.com

The Elderberry – Mahogany, Manotick

10-ft. ceilings. Finishes in metal, stainless steel and light, reflective finishes lend to the open and uncluttered decor, with small touches of vibrant colour.

On the second floor, the huge master bedroom ensuite includes ample closet space and a luxurious four-piece ensuite. Three bedrooms decorated with fun and contemporary colours, as well as a laundry room, complete the second floor.

The Elderberry A family with a full house will appreciate the Elderberry, a home that accommodates the needs of busy working parents, active kids and their family and friends who are often visiting.

The formal living room and dining

The Elderberry – Mahogany, Manotick

room spaces are surrounded by oversized modern windows, and accented with decorative ceilings, with handy access to a butler’s pantry, adjacent to the kitchen, to help keep food, drinks and dishware nearby.

Pass the gorgeous curved staircase to the great room, kitchen and breakfast area – the nucleus of the home. The kitchen is finished with distressed cabinetry, creating a sense of history. There is a modern industrial vibe in the home, with luxurious influences such as velvet, deep colours and a mix of metals.

The overall colour scheme is deep and rich in autumn tones of chocolate, muted golds and black.

The focal point of the home, the Great Room fireplace, is finished floor-to-ceiling with porcelain

tile influenced by a light calacatta marble. Just off the Great Room is a private study at the back of the home, for quiet reading or homework.

These new designs were launched in April 2016 and received an overwhelmingly positive response from buyers, with more than 50 homes sold since the release. March 4 also marked the opening of a new phase to Mahogany, with more 47- and 60-ft. lots available plus a brand new series of designs for 38-ft. lots. With just 16 lots available in the 38-ft. series, and a starting price of $439,900, these designs are sure to sell out quickly.

For more information on Mahogany please contact the Sales Centre or visit mintomahogany.com

The Heartwood – Mahogany, Manotick MAR 18 - APR 1, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 19

Canadian

PROPERTY INVESTOR

Vancouver | Toronto | Ottawa | Calgary | Edmonton

ON STANDS NOW!

Find your next investment with exclusive real estate opportunities, insider insights and expert tips designed for the savvy investor PICK UP A COPY TODAY OR READ ONLINE AT

canadianpropertyinvestor.com

Read the digital issue on

Available at these locations: • YP NextHome street boxes

• Airport lounges • Transportation hubs

• Newspaper insertions

• Selected retail racks

• Select hotels

• Direct mail

Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.35

Alterna Bank

2.25

Bank of Montreal

2.6

Bank of Nova Scotia

2.9

CIBC

2.7

6 months

1 year

2 years

3 years

4 years

5 years

4.1 4.10op 4 6.30op

3.04 4.10op 2.79 6.30op 3.09 6.95op 3.29 6.50op 2.84 6.35op 3.14 3.14 6.35op 2.64 3 3.20op 3.14 6.70op

2.39 4.10op 2.74

2.64

2.69

2.84

2.59

2.65

2.68

3.19

3.59

4.09

2.89

3.09

3.39

3.89

4.49

2.79

2.74

4.09

4.79

3.04 2.15

3.65 3.39

4.39 4.09

4.64 2.35

2.64 2.94

2.64 2.84

3.19 2.94

3.29 2.99

3.04

3.39

2.79

2.94

2.79 2.49

3.34 2.74

3.99 2.84

4.44 2.89

2.84

3.44

2.74

2.89

3.24

3.49

3.69

3.79

6.95op 4.55 6.45op 6.95op

Equitable Bank HSBC Bank Canada

2.35

ICICI Bank Canada Manulife Bank

2.75 2.7

National Bank

n/a

President’s Choice Finan Royal Bank

2.7 2.7

TD Canada Trust

2.6

Tangerine

2.7

4.45 6.20op 4.45 4.4 6.70op

7.00op

2.99 7.00op 3.04 4.00op 3.19

TRUST COMPANIES Community Trust Effort Trust

n/a n/a

Home Trust Investors Group Trust

2.35 n/a

MTCC

2.9

6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

3.25 3.5

3.95 3.7

4.39 4.3

4.64 4.35

2.14 3.09

2.34 3.39

2.59 3.89

2.69 2.84

3.09

3.39

3.89

4.49

4 6.30op 6.2 6.40op 3.1 4.25 6.50op

2.79 6.30op 2.84 6.30op 2.64 2.89 6.50op 3.25 6.25op 2.84 6.30op 3.14 2.8 2.95op 2.39

2.74

2.59

2.84

2.84

2.89

2.95

2.99

2.89

2.64 2.99

2.64 2.99

2.84 3.1

2.89 3.14

3.2

3.65

4

4.5

2.79

3.39

3.89

2.64

3.04 2.85

3.15 2.95

3.89 3.05

3.89 3.15

2.39

2.49

2.59

2.69

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.6

Comtech Fire C.U.

2.6

First National Fin. LP IC Savings

2.7

Luminus Financial

3.25

Meridian Credit Union

2.4

PACE Savings & C.U. Parama Credit Union

2.65

Steinbach Credit Union

2.25

5.05

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Feb 27, 2017. Prepared By Fiscal Agents Financial Information Services 905.844.7700

MAR 18 - APR 1, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 21

Hot Properties

Find your next home! This page features a few of the latest properties to keep your eye on in the Eastern Ontario area. Find more properties at ypnexthome.ca

LATEST LISTINGS

MAHOGANY BY MINTO

CARLETON CROSSING

SUNDANCE

FERNBANK CROSSING

By: Brigil City: Stittsville Housing type: Singles Contact: 613.257.4079 brigil.com

By: Claridge Homes City: Ottawa Housing type: Singles Contact: 613.425.1332 claridgehomes.com

By: eQ Homes City: Stittsville Housing type: Singles Contact: 613.404.8075 eqhomes.ca

BLACKSTONE

TRIBECA LOFTS

TEMPO

By: Cardel Homes City: Kanata South Housing type: Singles Contact: 613.836.9521 cardelhomes.com

By: Claridge Homes City: Ottawa Housing type: Condominium Contact: 613.234.1780 claridgetribecalofts.com

By: Glenview City: Kemptville Housing type: Singles Contact: 613.258.0970 glenviewhomes.com

FUSION

CRÈME

GOTHAM

By: Claridge Homes City: Ottawa Housing type: Condominium Contact: 613.232.2049 claridgefusion.com

By: Domicile City: Ottawa Housing type: Bungalows and lofts Contact: 613.807.0316. cremehomes.ca

By: Lamb City: Ottawa Housing type: Condominiums Contact: 613.257.8887 gothamottawa.com

22 YPNEXTHOME.CA

TRIBECA LOFTS BY CLARIDGE HOMES

SOHO CHAMPAGNE

POTTER'S KEY

TALL SHIPS LANDING

By: Mastercraft Starwood City: West Central Housing type: Luxury condominiums Contact: sohochampagne.com

By: Minto City: Stittsville Housing type: Singles Contact: 613.788.2761 minto.com

By: Thomas Fuller Construction Ltd. City: Brockville Housing type: Condominium Contact: 613.498.7245 tallshipslanding@fuller.ca tallshipslanding.com

ON HALF MOON BAY By: Mattamy City: Barrhaven Housing type: Singles, townhomes Contact: 613.825.7932 mattamyhomes.com

WHITE TAIL RIDGE By: Phoenix Homes City: Almonte Housing type: Bungalows and singles Contact: Kellie Connors 613.461.0277 phoenixhomes.ca

AVALON ENCORE By: Minto City: Orléans Housing type: Singles, townhomes Contact: 613.834.6400 minto.com

FELTON COURT

MAHOGANY

THE BOWERY CONDOS & LOFTS

By: Minto City: Manotick Housing type: Singles Contact: 613.788.2776 mintomahogany.com

By: Richcraft City: Centretown Housing type: Condominiums Contact: 613.695.7577 thebowerycondos.ca

HARMONY

GALLERY TOWNHOMES

By: Minto City: Barrhaven Housing type: Singles, townhomes Contact: 613.789.7977 mintoharmony.com

By: Tamarack Homes City: Orléans Housing type: Townhomes Contact: 613.422.5925 tamarackhomes.com

AVIATION PRIVATE By: Valecraft Homes City: Ottawa Housing type: Terrace Home Contact: 613.680.4771 valecraft.com

WOODROFFE LOFTS

By: Phoenix Homes City: Barrhaven Housing type: Townhomes Contact: phoenixhomes.ca

By: Valecraft Homes City: Barrhaven Housing type: Condominium Contact: 613.440.0304 valecraft.com

Builders

If you would like to include your preview registration, new release or site opening in this feature, just email the details to sarah.khan@ypnexthome.ca

MAR 18 - APR 1, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 23

Ad Index

Builder Name

Site Name

Prices

D

Location

et a Se che m d i Bu ng To alo w w n Ad hom ul t L e/C ife on st do yl e

ADVERTISERS

Page

WEST Almonte

Phoenix

White Tail Ridge

x

Carleton Place

Brigil

Carleton Crossing

x

Carleton Place

Cardel

Miller's Crossing

x

Carp

Phoenix

Diamondview Estates

x

Hunt Club

Claridge Homes

Hunt Club Flats

Kanata

Claridge Homes

Bridlewood

Kanata

Phoenix

Fernbank

x

Kanata

Phoenix

Springfield

Stittsville

eQ Homes

Barrhaven

x

From $390's

12, 13

From $290's

15

Inquire

11

From $300's

12, 13

x

From $277,900

6, 7

x

From $391,900

6, 7

x

From $200's

12, 13

x

Inquire

12, 13

Fernbank Crossing

x

Inquire

17

Claridge Homes

West Pointe Village

x

x

From $602,900

6, 7

Barrhaven

Phoenix

Felton Court

x

From $280's

12, 13

Barrhaven

Mattamy

On Half Moon Bay

x

From $239,990

4, 5

Findlay Creek

Phoenix

Pathways

x

From $200's

12, 13

Kemptville

Glenview Homes

Tempo

x

From $314,990

9

Manotick

Minto

Mahogany

x

From $439,900

2, 3

Ottawa South

Claridge Homes

Summerhill Village

x

From $549,900

6, 7

Ottawa South

Claridge Homes

Sundance

x

From $592,900

6, 7

Brigil

Plateau Du Parc

From $340's

15

Navan

Claridge

Spring Valley Trails

x

From $324,900

6, 7

Orléans

Claridge

Royal Ridge

x

From $199,900

6, 7

Orléans

Phoenix

Hillside Vista

x

From $250's

12, 13

Valecraft

Aviation Private

Inquire

14

x

x

x

x

SOUTH

x x x

x

NORTH Gatineau

x

EAST x

CENTRAL Ottawa

24 YPNEXTHOME.CA

x

Site Name

et a Se che m d i Bu ng To alo w w n Ad ho m ul t L e/C ife o st nd yl o e

Builder Name

Prices

D

Location

Page

CONDO Brockville

Fuller

Tall Ship Landing

x

Inquire

C11

Downtown

Lamb

Gotham

x

From 242,900

C15

Downtown

Claridge Homes

Icon

x

From $291,000

C8, C9

Downtown

Claridge Homes

The Lofts

x

From $400's

C8, C9

Downtown

Claridge Homes

Tribeca

x

From $245,000

C8, C9

Downtown

Richcraft

The Bowery

x

From $194,000

C13

Gatineau

Brigil

Domaine Du Vieux-Port

x

From $260's

15

Gatineau

Brigil

Horizon

x

Inquire

15

Gatineau

Brigil

Jardins McConnell

x

Inquire

15

Kanata

Cardel

Blackstone

x

From $300's

C3

Orléans

Brigil

Petrie's Landing

x

From $230's

C2

Ottawa Central

Brigil

Kanata Lakes

x

Inquire

15

Ottawa Central

Domicile Development Inc

Crème

x

From $299,000

C6, C7

Ottawa Central

Claridge Homes

Claridge Plaza 3 & 4

x

From $232,000

C8, C9

Ottawa Central

Claridge Homes

Fusion

x

From $288,000

C8, C9

Ottawa Central

Claridge Homes

Waterstreet

x

From $195,000

C8, C9

Ottawa Central

Mastercraft Starwood

Soho Champagne

x

From $302,900

C16

Ottawa West

Tamarack

Wellington

x

From $299,068

BC

West Nepean

Claridge Homes

Stirling Park

x

From $247,000

C8, C9

MAR 18 - APR 1, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 25

Advice | GOHBA REPORT

Canada’s evolving housing market

By John Herbert

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHEN IT COMES to the new housing

market in Canada, the Chinese expression that “we live in interesting times” would seem to be an apt description. Toronto and Vancouver have been the two hot spots for many years, but the vast majority of markets in the rest of the country have already corrected and are experiencing average or below average growth. Even Vancouver has finally started to cool with the recent imposition of a sales tax on international buyers.

There’s almost daily speculation on the reasons behind Toronto’s continued growth, as well as concern about how it’s all going to end.

Toronto’s new home market is experiencing unbridled growth for the same reason that any product or service does – decreasing supply in the face of increasing demand. Any time demand outstrips supply, prices go up. This phenomena was unfolding in Toronto for decades as its population worked its way towards critical mass and began spinning off an increasing number of local new-home buyers.

A disproportionately high number of immigrants who chose to settle in the GTA further contributed to the shortage. The problem accelerated dramatically with the imposition of a greenbelt by the Government of Ontario in 2005.

Creation of the greenbelt eliminated a massive amount of land that would have otherwise been used for housing but did nothing to dampen every young Canadian family’s dream of owning their own single family home.

The marketplace responded in several 26 YPNEXTHOME.CA

different ways. One was for people to simply drive until they could afford a home. This is the same reaction that has occurred in every Canadian city where political action has been taken to reduce land supply. Ottawa residents have been watching this happen since the mid 1950s when a greenbelt was imposed which forced growth into suburban communities of Kanata, Orleans and Nepean.

People then had to spend increasing amounts of unproductive time on longer commutes. The societal downside is that demands on transportation infrastructure have increased dramatically and resulted in ever increasing taxation.

A second reaction to higher housing prices in the GTA has been an increase in highrise condo production, allowing people to continue living in proximity to their workplace. This means smaller living spaces and the loss of yards to entertain friends and family. The result has been increased demand for public transit, which requires a disproportionately high amount of taxes paid by all Ontario residents and raises questions about tax fairness.

The challenges in the GTA are important because it’s only a matter of time until they impact every Canadian city in some way.

The changes in Toronto are going

to be truly transformative. At some point in the near future, even the bank of mom and dad will not be enough to get young families into their own homes in Toronto. In fact, this prohibition will even extend to some forms of multi-family homes. When that happens, the rental market will be the only affordable option left for many families to put a roof over their heads and their dream of owning a home will be gone for good.

Some observers have been talking about a correction in the Toronto housing market for years and nothing has happened. But recently, Douglas Porter, chief economist at Bank of Montreal, said Toronto was in a housing bubble driven by foreign wealth, coupled with record-high demand and a shortage of detached properties.

There are a range of fixes the Ontario government could adopt, but it has consistently demonstrated an unwillingness or a lack of understanding about the seriousness of the problem. Whenever the Toronto housing market does hit the wall, it will be important to ask whether it was the Ontario government’s policies that created the problem in the first place.

John W. Herbert is executive director of the Greater Ottawa Home Builders’ Association. He can be reached at 613.723.2926, ext. 224, or visit gohba.ca

What’s Online

Trending now The latest real estate news from across Canada

Why 2017 is a great year to buy a home READ THE STORY ONLINE

Regional supply and demand issues skew Canadian market

nexthome.yp.ca/homebuying-2017

READ THE STORY ONLINE nexthome.yp.ca/supply-demand

How to stage your home... to stay!

READ THE STORY ONLINE nexthome.yp.ca/staging-to-stay

More Canadians, more competition, more common sense please

Want more great articles like these delivered directly to your inbox?

SIGN UP FOR OUR NEWSLETTER

READ THE STORY ONLINE nexthome.yp.ca/more-competition

Twitter @ypnexthome

Facebook ypnexthome

Visit our website:

nexthome.yp.ca/newsletter

Instagram ypnexthome

Pinterest ypnexthome

FINISHED SUITES NOW AVAILABLE FOR VIEWING

WHY THE HEART OF HINTONBURG IS

BEATING A LITTLE LOUDER TODAY

Warm, light-filled spaces, luxurious finishes and fantastic views await the final few.

GREAT SUITES ARE STILL AVAILABLE and ready for your personal tour now!

www.tamarackwellington.com

10 Rosemount Avenue

Starting From $

299,068