Eastern Ontario New Home & Condo Guide - Mar 17, 2018

MAR 17 – 31, 2018 | nexthome.ca

EASTERN ONTARIO EDITION

SPE CI A

Connecting Canadians to new HOMES & CONDOS for more than 25 years L

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BEECHWOOD VILLAGE

INSIDE:

2018 SPRING DECOR TREND FORECAST

A BEGINNER’S GUIDE TO ARRANGING A MORTGAGE

Sign up for the latest news and incentives at mintobeechwood.com

Westward Model Suite | 2,059 sq. ft.

SALES CENTRE 411 MacKay Street Ottawa, ON K1M 2C5 *See sales representative for details. E.&O.E.

HOURS Monday – Wednesday: 11 am to 7 pm Thursday & Friday: Closed Weekends & Holidays: 11 am to 5 pm

Don’t compromise on space at Minto Beechwood Large, move-in-ready suites with Designer Selected finishes are almost sold out at Minto Beechwood. Get a feel for stylish, open-concept condo living in the heart of charming New Edinburgh, today!

Steps from the Rideau River and a thriving neighbourhood of shops and restaurants, you are at the centre of the best that Ottawa has to offer.

Almost Sold Out $32,000 move-in bonus or free parking and locker*

Tour Designer Decorated Model Suites at 411 MacKay Street.

mintobeechwood.com

GREAT VALUE ON GORGEOUS DETACHED DESIGNS

LIVE IN STYLE WITH $5,000 IN DESIGN STUDIO DOLLARS & $25,000 OFF THE PURCHASE PRICE

38' Detached Home, The Madison ‘A’, 2,027 Sq.Ft. $459,990

A Mattamy home is a HOME YOU’LL VALUE for a lifetime

Walnut Model Home in Summerside West, Orléans

38' Detached Home, The Granville ‘B’, 2,206 Sq.Ft. $473,990

38' Detached Home, The Chelsea ‘A’, 2,429 Sq.Ft. $479,990

STITTSVILLE

Detached Homes From $459,990

SALES CENTRE 1879 Stittsville Main Street 613.435.7171 38' Detached Home, The West Ridge ‘B’, 2,994 Sq.Ft. $512,990

ALL 38' DETACHED HOMES INCLUDE: 3 Stainless Steel Appliances, Over the Range Stainless Steel Microwave Hood Fan, Ceramic Tile Throughout, Hardwood on Main Floor, Granite Countertops in Kitchen, Kitchen Backsplash, A/C, Oak Staircase, Smooth Ceilings on Main & Second Floor, 6 Pot Lights, Garage Door Opener, Upgraded Interior Doors Throughout, Upgraded Glass Shower & 5 1/2" Colonial Baseboards.

SALES CENTRE HOURS

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

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

MATTAMYHOMES.COM

3 STOREY TOWNHOMES TWO NEW MODELS NOW OPEN Visit our Sales Centre 591 Summerhill Street, Riverside South 613-822-6444

Summerhill Village Nestled on River Road in Ottawa’s south end, Summerhill Village is a picturesque community offering three-storey townhouses exclusively in its final phase. Each home is designed with careful attention to architectural detail in this community centered plan. Surrounded with parks and pathways, Summerhill Village is an oasis for nature lovers, exercise enthusiasts, and recreationalists.

Units starting at $341,000*

591 Summerhill Street, Riverside South 613-822-6444 Monday - Wednesday: 1 - 8 pm Saturday & Sunday: 12 - 5 pm

*Brisbane model. 1515 Sq Ft. Price subject to change at any time, 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.

GREENWICH B (Findlay Creek)

THE STRATHCONA (Hunt Club)

Immediate Availability 2635 sq ft Single Home (Lot 156) Only $601,900

Immediate Availability 1270 sq ft 2 Bed Condo Flat (Block B Unit 105) Only $348,900

CHARLESTON (Rockcliffe)

PERTH (Riverside South)

Available Now 1835 sq ft Townhome (Block 11 Unit 34) End Unit Only $598,400

Available in June 2018 1815 sq ft 3 Storey Townhome (Block 4 Unit 13) End Unit Only $377,900

HORIZON (Navan)

BLISS (Kanata)

Available in February 2019 1985 sq ft Townhome (Block 47 Unit 32) Only $364,900

Available in November 2018 1775 sq ft Townhome (Block 18 Unit 96) Mid Unit Only $356,900

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

MAR 17 - 31, 2018 | VOLUME 18 ISSUE 6

CONTENTS

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds ASSOCIATE PUBLISHER

Anne-Marie Breen MANAGING EDITOR

Wayne Karl ART DIRECTOR

Megan Pike CONTRIBUTING EDITORS

Marisa Baratta Sara Duck Marlene Eisner SALES MANAGER, EASTERN ONTARIO

Paul Bimm paul.bimm@nexthome.ca SALES & MARKETING CO-ORDINATOR

Sarah Khan SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION MANAGER

Anthony Majetic PRODUCTION CO-ORDINATOR

Dennis Ng

ON THE COVER:

Modbox

St. Charles Church in Beechwood: Iconic residences reimagined on a historic site

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

ADVICE

C2 Home Smarts

A beginnger’s guide to arranging a mortgage

BY MARNIE BENNETT

C6 Moving

When planning a move, it’s all about the timing

BY CHUCK RESNICK

8 NextHome.ca

16

18

Fundamentally Speaking

Is it Ontario’s turn for a ‘housing election’?

BY WAYNE KARL

26

Mortgage Intel

Buyers may postpone purchase plans: CMHC

BY ALYSSA FURTADO

INSPIRATION

20 Trends

2018 spring home decor trends forecast

IN EVERY ISSUE

10 22 24 27

Editor’s Note Hot Properties Advertisers Index What’s Online

GRAPHIC DESIGNER

Dennis Ng Published by

A brand of Yellow Pages Homes Ltd. #500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 nexthome.ca

Advertising Call 416.626.4200 for advertising 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.

Call 1.855.826.4200 to discuss distribution opportunities.

Copyright 2018 All rights reserved by Yellow Pages Homes Ltd. 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.

Terms Advertisers, Editorial content 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 editor at wayne.karl@nexthome.ca

EDITOR’S NOTE

MAKE IT SO IT’S TIME TO ASK POINTED QUESTIONS

WAYNE KARL MANAGING EDITOR NextHome

Now that we know Doug Ford is the new leader of the Ontario PC Party, and a challenger to Premier Kathleen Wynne, we have an idea of what to expect.

Ford has a track record of fighting for lower taxes on homeownership, and has taken a strong stand against the second land transfer tax in Toronto.

Provincial government policy and its effect on land supply and housing costs is not only a major issue facing builders – and therefore buyers – it is almost certain to increasingly become a hot-button topic leading up to this election.

We need to know more from Ford. Indeed, from all candidates.

Over the next three months, we need to ask pointed questions of all three major parties: • What do you plan to do about the housing affordability issue in Ontario?

• How will you address the growing affordability crisis in markets such as Toronto?

• How will you work with municipalities and developers to tackle these issues?

These are fair questions already on the minds of many Ontarians, and with barely three months to go to June 7, they’re expecting meaningful answers.

EMAIL: Wayne.Karl@nexthome.ca TWITTER: @WayneKarl

+ + get social 10 NextHome.ca

2018 spring decor trends Page 20

Interact with us on social media: nexthome

Find your bliss.

Come home to a Cardel.

Carleton Place Crystal Beach Kanata Richmond Stittsville

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SALES CENTRE SALES CENTRE 605 Bruxelles St., Embrun ON 605 Bruxelles St., Embrun ON (613) 370-0288 (613) 370-0288

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

*An estimate, certain restrictions apply. Prices, terms and specifications are subject to change without notice. E & O.E. *An estimate, certain restrictions apply. Prices, terms and specifications are subject to change without notice. E & O.E.

SPOTLIGHT ON

L

CIA SPE

UT L-O N L U P CTIO SE

IN THIS SECTION

YOUR PULL-OUT GUIDE TO HIGHRISE, CONVERSION, LOFT, TERRACE & TOWNHOME CONDO PROJECTS

ADVICE | HOME SMARTS

GIVE YOURSELF CREDIT:

A BEGINNER’S GUIDE TO ARRANGING A MORTGAGE

SPOTLIGHT ON

MARNIE BENNETT Over the years, I’ve worked with clients whose ease with numbers would make your head spin – from accountants to engineers. But, in my experience, such “mathletes” are far outnumbered by those of us who face financial calculations with apprehension.

Thank heaven for mortgage specialists. Whether you opt to go through a broker or your financial institution, a good specialist will guide you through the intricacies of choosing a mortgage with patience and know-how.

Remember that mortgage pre-approval is the way to go.

This means visiting your specialist before shopping for a home, and obtaining a realistic budget to work from. Pre-approval also speeds up the purchasing process once you’ve found your perfect home.

In comparison with the early 1980s, when mortgage rates surpassed 20 per cent, today’s rates – which tend to hover below four per cent – seem astonishingly low. But substantial savings can still be found by choosing certain mortgage features over others.

Here are some of the most basic options you’ll encounter: Term Length: A term is a set length of time, typically ranging from one to ten years, in which a certain mortgage rate applies. At the term’s end, you’ll renew your mortgage for another term. The shorter the term, the lower the interest rate; however, by choosing a longer term, you’re insuring

C2 NextHome.ca

yourself against the possibility of skyrocketing mortgage rates in the future.

Fixed rates, variable rates and capped rates: A fixed interest rate remains the same throughout the term, while a variable rate rises and falls along with prime rate.

While the second option means accepting some unpredictability, it may yield greater savings than a fixed rate. A capped rate is a type of variable rate that cannot exceed a set upper limit. If interest rates are low but you’re facing a longer closing date, you may choose to be locked into a capped rate, which will apply once your mortgage payments begin.

Frequency of payments: Most lenders offer weekly, bi-weekly, semi-monthly or monthly payments. While, at first glance, the difference between bi-weekly payments (every other week) and semi-monthly (twice a month) may seem unimportant, it works out to two more payments per year. Ultimately, those extra

installments could take a couple of years off the life of your mortgage.

Of course, there are many more mortgage features that your specialist can introduce to you. Trust me: by the end of the process, you’ll feel like a specialist yourself.

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 a weekly radio show “The Real Estate and Wealth Show” on 580 CFRA, a millionaire real estate investor and a wealth management coach. bennettpros.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

Old Ottawa

a neighbourhood with character, a condo to match

SPOTLIGHT ON

11 des Oblats Ave | Mon-Thurs: 12-6pm | Sat-Sun: 12-5pm | 613-806-6246 cornersonmain.ca

CONDOS

Visit the brand new condominium and stunning model suite, just off Main Street:

C3

CONDOS SPOTLIGHT ON C4

Be a part of something

_ICONIC Find your new home in the heart of Little Italy where stunning views of Dow’s Lake are available for as low as $306,000.

www.claridgeicon.com 485 Preston Street, Ottawa 613.695.1441

UNDER CONSTRUCTION

Available April 2020

MOVE IN READY LOCATIONS

AROUND THE CITY $ 2OF

0KF*

0KF*

$ 4OF

WATERSTREET

TRIBECA EAST

Studio, 1 & 2 bedroom units starting from $360,000

1 & 2 bedroom units starting from $367,000

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 $381,000

1 & 2 bedroom units starting from $291,000

1 & 2 bedroom units starting from $306,000

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 2 & 3 bedroom units starting from $484,000

* 20K and 40K deals valid for corresponding buildings only. Valid until May 1, 2018.

Conditions apply, contact a sales representative for more details.

316

ON THE RIDEAU RIVER

Ask sales representative for more details.

Purchase and close before May 1, 2018.

Conditions apply.

CONDOS

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

SPOTLIGHT ON

BRUYÈRE ST.

SAVE $20,000

C5

ADVICE | MOVING

WHEN IT COMES TO MOVING, IT’S

ALL ABOUT TIMING transfer. The following is a handy reference for what to do when.

SPOTLIGHT ON

CHUCK RESNICK

When it comes to ensuring a successful move, timing is everything.

Careful planning and forethought helps “everything” happen efficiently. As soon as you decide to move, start your thinking process, explore your options and take action.

The first question is are you moving yourself, or will you hire movers?

Book the moving company or truck at least a month ahead, if not more. Late spring, early summer and early fall are the most popular times of the year for moves. If you wait too long to book, you may have trouble getting someone during those seasons. June 30 is the busiest moving day of the year!

Next, are you going to pack or take advantage of professional packing services? If you are thinking DIY, start collecting/ buying boxes and packing material.

Professional movers usually sell standard-size boxes that are sturdy and easy to stack, as well as paper that can protect your items without leaving newsprint behind.

Finally, which of your belongings do you want/need to move? Why not purge all of those unnecessary items you don’t need? The less “stuff” you move, the easier and less expensive the

C6 NextHome.ca

A MONTH BEFORE THE MOVE …

›› De-clutter, pitch, give away, donate to charity — whatever — but pare down your goods. ›› Obtain change-of-address cards from the post office. ›› Notify magazines, insurance companies, banks, credit card companies, schools and employers of your change of address. ›› If you are moving to a new home or condo that includes appliances, ask for the owner’s manuals ahead of time.

TWO TO ONE WEEK IN ADVANCE…

›› Make a “survival closet” of items you will need to clean the place once furniture is moved (such as broom, dustpan and cleansers). ›› Either start packing or make sure your mover begins. Label boxes as you pack with the contents and which room each will go into at your new digs. Write the destination room on the top and sides of each box. ›› Schedule disconnects for utilities and phone, but make sure you still have the use of your phone line on moving day. At the same time, arrange for hook-ups at the other end. ›› Cancel newspapers, cable TV, security system monitoring and any companies you use for services. ›› Send change-of-address cards.

THE DAY BEFORE THE MOVE…

›› Clean out and dry the fridge and freezer. ›› Get to a bank or bank machine and take out enough cash to tide you over. ›› Pack a last-minute essentials bag/box. ›› Arrange for children and pets to be looked after elsewhere on moving day.

ON MOVING DAY…

›› Double and triple check rooms, closets, the garage, basement, etc. to ensure that you have all of your things and the areas are left clean. ›› Don’t forget to carry your own (family’s) valuables to the move and all other important documents.

Chuck Resnick is vice-president, marketing and operations at Two Men and a Truck – Canada. twomen.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

70% SOLD

OLD OTTAWA EAST’S MOST COVETED CONDOMINIUM – HURRY WHILE A SUPERB SELECTION OF SUITES IS STILL AVAI BLE

The River Terraces at Greystone, nestled between the Rideau River and the Rideau Canal. A nine-storey condominium featuring designerappointed bachelor to two bedroom plus den residences with expansive terrace views. Savor gracious living at an address surrounded by all that Greystone Village has to offer, just minutes from downtown.

Illustrations are Artist’s Concept.

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

CONDOS

VISIT THE PRESENTATION CENTRE DESIGNER MODEL SUITE TODAY GREYSTONEVILLAGE.CA

SPOTLIGHT ON

CONDOMINIUMS BY THE RIVER FROM THE LOW $200’s

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SPOTLIGHT ON

CONDOS

READY SET MOVE!

C1 C8

YOU CAN BE IN YOUR NEW CONDO IN ONLY 2 WEEKS! DOWNTOWN LIVING + RICHCRAFT QUALITY • Rooftop pool, lounge, gym, and incredible views • Steps from LRT • European stainless steel appliances • Quartz counters • Hardwood throughout

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THEBOWERYCONDOS.CA • 613.695.7577

200,000

* FF O 0 00 5 $1

PLATEAU DU PARC 9 KM FROM PARLIAMENT Corner of ch. Pink & boul. des Grives, Gatineau

CO RIV M ER M SI UN D IT E Y

From the

360’s

$

*

DOMAINE DU VIEUX-PORT

9 KM FROM PARLIAMENT 1400 boul. St-Joseph, Gatineau

CO N NO ST W RU IN CT IO N

From the $760’s*

DOMAINE DU VIEUX-PORT

9 KM FROM PARLIAMENT 1400 boul. St-Joseph, Gatineau

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

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CONDOS A waterfront paradise with urban lounge on the top floor

80TO % WE SO R LD II

From the $260’s*

PETRIE’S LANDING 21 KM FROM PARLIAMENT

8865 Jeanne d’Arc Blvd. N., Orléans

From the $199’s*

819.303.0137

819.303.1809

CONDOS New luxury condos with rooftop terrace, leisure room, gym, indoor parking, elevators, pool & spa.

CO N NO ST W RU IN CT IO N

613.706.7731

CARLETON CROSSING 51 KM FROM PARLIAMENT

117 McGregor St., Carleton Place

AL LI N CL US IV E

From the $259’s*

460 ST-LAURENT 6,5 KM FROM PARLIAMENT 460 St-Laurent Blvd., Ottawa

RE N T

N O W

Rent from $1,350*/mo.

KANATA LAKES

26 KM FROM PARLIAMENT 126-4 Battersea Crescent , Ottawa

Rent from $1,150*/mo.

SINGLE FAMILY HOMES Luxury homes in a quiet neighbourhood CONDOS Rent your contemporaty suite now

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

Included 5-star amenities and services.

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

613.706.4118

613.706.0906

613.706.4013

*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.

brigil.com

ADVICE | FUNDAMENTALLY SPEAKING

MAKING IT COUNT IS 2018 ONTARIO’S TURN FOR A ‘HOUSING ELECTION’?

WAYNE KARL

The 2015 federal election, you may recall, was much ado about housing. An improved Home Buyers’ Plan, better data collection on foreign buyer activity, more affordable housing and the creation of a National Housing Strategy were tops among the agenda items. Three years later, eventual winner of that “housing election,” Justin Trudeau has addressed many of these issues.

As Ontario prepares for its own election on June 7, housing is quickly emerging as a hot topic.

“It’s no secret that many young Ontarians and first-time buyers are feeling squeezed by the rising cost of homeownership,” says OREA CEO Tim Hudak. “This year, governments have focused on chasing buyers out of the market with policies like making mortgages tougher to get and new taxes. If the government wants to make meaningful change for Ontario homebuyers, they need to instead focus on more effective policies, like tax relief and increased housing supply.”

Indeed, research from the OREA shows Ontario homeowners and aspiring homeowners could well make housing a huge election issue. In a recent survey, a majority of them said if a provincial party promised to help homeowners improve their home’s energy efficiency and make homeownership more affordable 16 NextHome.ca

for young people, it would have the biggest positive impact on voting for that party.

Home builders and developers are also speaking up on the topic.

“There have been some valiant efforts to address the housing supply issue and rising prices.

Any one course of action is not enough, and we need to tackle the issue from many different angles,” Paul Golini Jr, executive vice-president, Industry Relations, Empire Communities, told NextHome in an interview for an upcoming feature.

“However, there is a glaring issue that’s obvious to us on the development side: Development timelines of new projects.

Due diligence, revisions and community consultations are all necessary parts of the approval system. They ensure we build well-planned projects that serve the community, but when new homes and condos take five to 10 years to be approved, it’s time to acknowledge there’s an issue with the system. Inventory is being left for years ‘in the process’ and isn’t being delivered to market. As a

result, the supply issue worsens.

“The province, municipalities and developers need to get on the same page and work together to tackle housing and infrastructure issues. We can’t afford to be on opposite sides, we have to make use of public-private partnerships to find ways that benefit homeowners, renters and the economy.”

You can bank on hearing more about these issues from voices on all sides in the coming months.

Whether you’re a homeowner or prospective homebuyer, you might want to keep abreast of these developments, and make your vote count come June 7.

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

+MORE ADVICE ONLINE nexthome.ca/news/advice

NOW OPEN

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PROPERTY PROFILE

St. Charles Market, Beechwood Ave.

ICONIC RESIDENCES REIMAGINED ON A HISTORIC SITE The presence of St. Charles Church in Beechwood Village speaks to more than 100 years of community, heritage and tradition.

The property has hosted a century of precious family gatherings, baptisms and funerals, weddings and dances. St. Charles was also the birthplace of a secret society known as the Order of JacquesCartier. Founded in 1926 by a small group of men, including parish priest Father Barrette, its mandate was to further the social, economic, and religious interests of French-speaking Catholics in Canada. A cornerstone of the area’s francophone heritage, St. Charles Church is a living symbol of the francophone presence in Beechwood Village.

FORWARD-THINKING DESIGN

Developer ModBox and architect Linebox Studio were determined to respect the original architecture of the church, while reinvigorating the site, making it relevant once again to surrounding communities.

18 NextHome.ca

The architecture is conceptually forward thinking, with a unique design that fosters community interaction and a high quality of living. The church will be repurposed as a restaurant and marketplace, surrounded by 56 thoughtfully-designed condominiums. The forecourt and landscaped spaces, which together represent nearly 50 per cent of the site, will remain open to the public.

The connection between the church and the residential building is energized by a “Starry Night” wall – a seemingly random arrangement of windows and backlit boxes that provides a stunning backdrop, while flooding the interior spaces with natural light. Its design is a testament to the unique attention to detail and passion for beauty that exemplifies St. Charles Market.

Old and new blend seamlessly together at St. Charles Market.

Coloured glass will identify the lobby, townhomes and ground-

floor commercial spaces to complement the stained-glass windows of the church. The facade of the new building will be terracotta, a contemporary interpretation of the church brick.

Steel balcony railings will feature cut-outs that echo the rosette window patterns that grace the original neoclassical structure.

This same rosette pattern is the logo for a series of unique character objects designed for St. Charles residents and created by local mastercraftsmen. Every detail has been carefully planned and will be exceptionally executed.

BE PART OF THE TRANSFORMATION

The transformation of Beechwood Village is well underway. With 55 per cent of the units sold, groundbreaking at St. Charles Market is fast approaching.

Register at stcharlesmarket.ca to book a private tour.

St. Charles Market, Lobby

+

LOCATION Ottawa DEVELOPER Modbox DEVELOPMENTS St. Charles Market and The Grid Lofts HOME TYPE Condominium PRESENTATION GALLERY 135 Barrette St. Open Tuesday to Friday: Noon to 6 p.m., Weekends: Noon to 5 p.m.

CONTACT Chantal Smith 613.301.7782 info@modbox.ca stcharlesmarket.ca

“Starry Night Wall” and Terrace

MAR. 17-31, 2018 19

INSPIRATION | TRENDS

2018

TREND FORECAST SÉBASTIEN FAUTEUX, CREATIVE DIRECTOR AT URBAN BARN, GIVES US THE LOWDOWN ON THIS SEASON’S HOTTEST DESIGN TRENDS All products found at urbanbarn.com

IN FULL BLOOM After a trip to the botanical gardens in Singapore, I wanted to recreate a lush, colourful vibe.

Floral textiles are a perfect way to add foliage – with the added bonus that they never wilt!

O’Keefe toss cushion. $39 20 NextHome.ca

GET KNOTTY Adding textures is one of the best ways to add a luxe feel to your home, and the naturally warm tones of macrame can add luxury and comfort to any space.

Carly macrame pouf and toss cushion, from $59

INTO THE BLUE Blue is colourful but neutral, so if adding colour scares you, blue will help ease the transition. It’s a way to be adventure-ish with your decor.

Ari accent rug, from $29.

Corde basket, from $36.

MID-CENTURY MODERN DETAILS Mid-century modern elements are always a good choice when space is at a premium and you don’t want to sacrifice on style. Whether your taste is traditional or modern, mid-century modern clean lines and design elements are sure to complement your look.

Sawyer round dining table in Thompson pine. $699

ALL-WEATHER FURNITURE Canadian summers are short – so maximizing your enjoyment of the outdoors is key! Whether it’s a garden or a condo balcony, your outdoor space should be an extension of your inside living space.

That’s also why having furniture that looks just as good indoors as it does outside helps – you can use it inside in the winter as an occasional chair!

Choose pieces with unexpected angles and shapes to give extra dimension and interest to your room. Just like adding texture, adding sculptural details boosts the design quotient of a space instantly.

Fresno chair in natural. $249

Orion coffee table in antique brass. $799

STATEMENT PIECE

MAR. 17-31, 2018 21

HOT PROPERTIES

FIND YOUR NEXT HOME This page features the latest properties to keep your eye on in the Eastern Ontario area.

ST. CHARLES MARKET BY MODBOX

22 NextHome.ca

AVALON ENCORE

GREYSTONE

ORLÉANS VILLAGE

By: Minto City: Orleans Housing type: Singles, townhomes Contact: 613.834.6400 minto.com

By: eQ Homes City: Old Ottawa East Housing type: Singles, Condo, Townhomes Contact: 613.569.3043 greystonevillage.ca

By: Caivan Communities City: Orléans Housing type: Singles, townhomes Contact: caivan.com

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

BARRHAVEN By: Caivan Communities City: Barrhaven Housing type: Singles, townhomes Contact: caivan.com

BLACKSTONE By: Cardel Homes City: Kanata Housing type: Singles, Towns, Condos Contact: 613.836.9521 cardelhomes.com

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

DIAMONDVIEW By: Phoenix Homes City: Carp Housing type: Singles Contact: 613.461.0277 phoenixhomes.ca

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

FOX RUN By: Caivan Communities City: Richmond Village Housing type: Singles, townhomes Contact: caivan.com

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

+

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

ICON By: Claridge Homes City: Ottawa Housing type: Condominium Contact: 613.695.1441 claridgeicon.com

KOL By: Cardel Homes City: Blackstone Housing type: Condominiums Contact: 613.592.0062 cardelhomes.com

MILLER’S CROSSING By: Cardel Homes City: Kanata Housing type: Singles, townhomes Contact: 613.253.1959 cardelhomes.com

MINTO BEECHWOOD By: Minto City: Ottawa Housing type: Condominiums Contact: 613.696.8188 minto.com

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

PATHWAYS By: Richcraft City: Findlay Creek Housing type: Singles, townhomes Contact: 613.822.7247 richcraft.com

POTTER’S KEY By: Minto City: Stittsville Housing type: Singles Contact: 613.788.2761 minto.com

RATHWELL LANDING By: Valecraft Homes City: Stittsville Housing type: Bungalows, townhomes Contact: 613.435.8141 valecraft.com

ST. CHARLES MARKET By: Modbox City: Ottawa Housing type: Condominiums Contact: stcharlesmarket.ca

STIRLING PARK By: Claridge Homes City: Nepean Housing type: Condominiums Contact: claridgestirlingpark.com

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

THE BOWERY CONDOS & LOFTS By: Richcraft City: Centretown Housing type: Condominiums Contact: 613.695.7577 thebowerycondos.ca

THE CORNERS ON MAIN By: Domicile City: Ottawa Housing type: Condominium Contact: 613.806.6246 cornersonmain.ca

TRIBECA LOFTS By: Claridge Homes City: Ottawa Housing type: Condominium Contact: 613.234.1780 claridgetribecalofts.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@NEXTHOME.CA

MAR. 17-31, 2018 23

et a

Builder Name

Site Name

Almonte

Phoenix Homes

White Tail Ridge

x

Carleton Place

Brigil

Carleton Crossing

x

Carp

Phoenix Homes

Diamondview Estates

x

Hunt Club

Claridge Homes

Hunt Club Flats

Kanata

Cardel Homes

Miller's Crossing

Kanata

Claridge Homes

Bridlewood Trails

Kanata

Phoenix Homes

Fernbank

Kanata

Phoenix Homes

Terra Flats

Kanata

Cardel Homes

Blackstone

Stittsville

Mattamy

Stittsville

D

Location

c Se he m d B i un g To alo w w n A h om du e/ lt Li Co fe n st do yl e

INDEX OF ADVERTISERS

Prices

Page

WEST x

From $390's

12, 13

From $279's

15

From $400's

12, 13

x

From $277,900

6, 7

x

From $310's

x

From $394,900

6, 7

From $350's

12, 13

x

From $200's

12, 13

x

x

Inquire

11

Traditions II

x

x

From $321,990

4, 5

Minto

Potter's Key

x

x

Inquire

2. 3

Barrhaven

Claridge Homes

West Pointe Village

x

x

From $602,900

6, 7

Barrhaven

Mattamy

Half Moon Bay

x

x

Inquire

4, 5

Barrhaven

Minto

Harmony

x

x

Inquire

2, 3

Barrhaven

Phoenix Homes

Felton Court

x

From $270's

12, 13

Barrhaven

Phoenix Homes

Strandherd Meadows

x

Inquire

12, 13

Ottawa South

Claridge Homes

Summerhill Village

x

From $369,900

6, 7

Ottawa South

Claridge Homes

Sundance

x

From $592,900

6, 7

Ottawa South

Richcraft

Pathways

x

x

Inquire

17

Richmond Village

Caivan Communities

Fox Run

x

x

Inquire

9

Brigil

Plateau Du Parc

From $360's

15

x

x x

x

x

x

11

SOUTH

x

NORTH Gatineau

24 NextHome.ca

x

c Se he m d B i un g To alo w w n A h om du e/ lt Li Co fe n st do yl e

Site Name

et a

Builder Name

D

Location

Prices

Page

EAST Navan

Claridge

Spring Valley Trails

x

x

From $343,900

6, 7

Orléans

Minto

Avalon Encore

x

x

Inquire

2, 3

Orléans

Phoenix Homes

Halo Flats

x

From $200's

12, 13

Rockcliffe

Claridge

Wateridge Village

From $748,900

6, 7

Barrhaven

Valecraft

Woodroffe Lofts

x

From $238,461

14

Crystal Beach

Cardel Homes

KEEL Condos

x

From $440's

11

Downtown

Claridge Homes

Icon

x

From $301,000

C4, C5

Downtown

Claridge Homes

The Lofts

x

From $400's

C4, C5

Downtown

Claridge Homes

Tribeca

x

From $345,000

C4, C5

Downtown

Richcraft

The Bowery

x

From $194,000

C8

Gatineau

Brigil

Domaine Du Vieux-Port

x

From $260's

15

Gatineau

Brigil

Horizon

x

Inquire

15

Gatineau

Brigil

Jardins McConnell

x

Inquire

15

Orléans

Brigil

Petrie's Landing

x

From $199's

15

Ottawa Central

Brigil

Kanata Lakes

x

Inquire

15

Kanata

Cardel Homes

KOL Condos

x

From $330's

11

Ottawa Central

Claridge Homes

Claridge Plaza 3 & 4

x

From $232,000

C4, C5

Ottawa Central

Claridge Homes

Fusion

x

From $282,000

C4, C5

Ottawa Central

Claridge Homes

Waterstreet

x

From $250,000

C4, C5

Ottawa East

Domicile Development Inc

Corner On Main

x

Inquire

C3

Ottawa East

EQ Homes

Greystone Village

x

From low $200's

C7

Ottawa East

Minto

Minto Beechwood

x

From $354,900

2,3

Ottawa West

Tamarack

Wellington

x

From $299,068

BC

West Nepean

Claridge Homes

Stirling Park

x

From $279,000

C4, C5

x

CONDO

MAR. 17-31, 2018 25

ADVICE | MORTGAGE INTEL

A MARKET PAUSE? SURVEY SHOWS BUYERS MAY POSTPONE HOME PURCHASE PLANS

ALYSSA FURTADO

Prospective home buyers are entering 2018 confident and eager to purchase, but rising interest rates and home prices could postpone those plans, according to a new survey by Canada Mortgage and Housing Corp.

(CMHC).

The first-ever 2018 Prospective Home Buyers Survey compares the intentions, attitudes, and awareness of housing expectations, readiness to buy, affordability and impact of changes to the housing industry among three segments of people: First-time buyers, previous owners and current owners.

While the majority of the survey’s 2,507 respondents agree homeownership is a good longterm financial investment, 76 per cent of first-time buyers, 73 per cent of previous owners and 63 per cent of current owners say they would delay their purchase due to steep increases in home prices.

Interestingly, it’s not concerns about interest rate increases or stricter mortgage regulations motivating first-timers and previous owners to buy – the desire to stop renting is cited by those groups as one of the top three drivers to purchase a home.

The survey was conducted 26 NextHome.ca

among prospective buyers who plan to purchase a home within the next two years, yet only onethird of respondents say they’ve prepared a detailed budget, six months to a year before a home purchase.

When it comes to home prices and affordability, the majority of those surveyed agree they have a good understanding of how much mortgage they can afford.

Unsurprisingly, current owners were the most confident at 83 per cent, followed by previous owners at 79 per cent and firsttime buyers at 69 per cent. In a similar vein, only 66 per cent of first-time buyers say they have a good understanding of the full cost of homeownership (including mortgage payments, property taxes, condo fees, utility and maintenance costs) compared to 85 per cent of current owners and 79 per cent of previous owners.

All three groups agreed they will take extra steps to pay down their mortgage as soon as possible.

While the majority of prospective homebuyers are confident in their ability to find a suitable home they can afford, that level of confidence is markedly higher among current owners (83 per cent) than first-time buyers (68 per cent).

Despite being confident about affordability, only 36 per cent of first-time buyers surveyed were aware of the federal government’s mortgage qualification rule changes made in 2016, compared to a little more than half of current

“

When it comes to home prices and affordability, the majority of those surveyed agree they have a good understanding of how much mortgage they can afford.

”

owners and previous owners.

Among those not previously aware of the mortgage qualification rule changes, 20 per cent of first-time buyers say this change will affect their decision to purchase in some way, compared to 14 per cent of current owners.

Given their relative unfamiliarity with mortgage qualification rules, it’s unsurprising the vast majority of buyers from all three groups – including 80 per cent of first-time buyers – plan to consult a mortgage broker before purchasing a home.

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.

+MORE ADVICE ONLINE nexthome.ca/news/advice

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Visit our website: MAR. 17-31, 2018 27

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