Eastern Ontario New Home & Condo Guide - Mar 31, 2018

MAR 31 – APR 14, 2018 | nexthome.ca

EASTERN ONTARIO EDITION

SPE CI AL

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

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T LIGHOS T O SP COND ON EATURING O INIUM C

BR I N GI N G FA M I L I ES TO G ET H ER .

INSIDE:

HOW TO CREATE THE PERFECT HOME OFFICE

THE BENEFITS OF OWNING AN INCOME PROPERTY

MM

Mackenzie Model Home | 2,995 sq. ft.

Avalon Encore OrlĂŠans

Designed to inspire a lifetime of memories.

Welcome to the timeless collection of bright, open and contemporary Minto homes.

Lovingly built, down to every last detail — designed for the way you live now.

Harmony Barrhaven

Mahogany Manotick

Potter’s Key Stittsville

ottawahomes.minto.com

INSPIRING DESIGNS, INCREDIBLE FEATURES

LIVE IN STYLE WITH UP TO $10,000 AT DÉCOR ORLÉANS

Townhomes

From $294,990

Detached Homes From $361,990 Sales Centre 36' Detached Home, The Parkside ‘A’, 2,669 Sq.Ft. $489,732

Includes: 9' Ceilings on Main Floor, Curved Staircase, Rec. Room Ready & $10,000 at Décor

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

2496 Tenth Line Rd. 613-837-5056

Elderberry Model Home in Summerside West, Orléans

36' Detached Home, The Sycamore ‘A’, 2,317 Sq.Ft. $460,123 Includes: 9' Ceilings on Main Floor, Bath Oasis, Rec. Room Ready & $10,000 at Décor

30' Detached Home, The Wintergreen ‘A’, 2,115 Sq.Ft. $405,725

Includes: 9' Ceilings on Main Floor, Hearth & Home, Rec. Room Ready & $10,000 at Décor ELEVATION A

2-Storey Executive Townhome, The Lilac ‘A’, 1,577 Sq.Ft. $316,990

Includes: 9' Ceilings on Main Floor, 3 Stainless Steel Appliances, Bath Oasis, Hearth & Home, & $10,000 at Décor

MATTAMYHOMES.COM

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

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

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.

DUNHAM C (Findlay Creek)

THE STRATHCONA (Hunt Club)

Available in March 2019 2725 sq ft Single Family Home Only $547,200

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)

SUMMIT (Kanata)

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

Available in May 2019 2325 sq ft Townhome Corner Unit Only $416,900

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

MAR 31 - APR 14, 2018 | VOLUME 18 ISSUE 7

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:

Claridge Homes

Summerhill Village: Bringing families together

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

ADVICE

C2 Home Smarts

The benefits of owning an income property

BY MARNIE BENNETT

26 Mortgage Intel

Good vs bad: How debt can affect you

BY ALYSSA FURTADO

8 NextHome.ca

TRENDING

18

C6 Housing Market

Ottawa the top city for real estate investment in Ontario

16 Tarion Awards

Tarion announces finalists for Ontario’s best home builders

INSPIRATION

20 Style File

How to create the perfect home office

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

GRAND OPENING April 28 TH at 9:00 AM LARGE SINGLE FAMILY HOMES FROM THE HIGH $300’s

6350 Perth Street In Historic Richmond Village

REGISTER NOW AT CAIVAN.COM

EDITOR’S NOTE

WELL DONE, OTTAWA THINGS ARE LOOKING UP – FOR THE RIGHT REASONS

WAYNE KARL

The real estate market in Ottawa has not exactly been cited as among Canada’s hottest or priciest in recent years. If anything, it has mostly been referred to as a slow and steady performer.

And that’s a good thing.

Indeed, some of the housing supply and pricing issues faced by markets such as Toronto and Vancouver have buyers there facing some serious challenges.

But now, a new report from the Real Estate Investment Network (REIN) names Ottawa – yes the nation’s capital, not Toronto or anywhere else – as the top area in the province for real estate market performance over the next five years.

To what does the city owe such a distinction?

Namely, its economic growth, diversity and strength, among other factors.

The report – REIN’s Top 10 Ontario Cities – helps homebuyers, sellers, developers and investors decide whether now is a good time to buy, or sell, a property in their target city.

For Ottawa, it appears things are looking up – for all the right reasons.

MANAGING EDITOR NextHome EMAIL: Wayne.Karl@nexthome.ca TWITTER: @WayneKarl

+ + get social 10 NextHome.ca

Creating the perfect home office Page 20

Interact with us on social media: nexthome

Find your bliss.

Come home to a Cardel.

Carleton Place Crystal Beach Kanata Richmond Stittsville

CARDELHOMES.COM

THE LANESBOROUGH

BARRHAVEN CONDO LOFTS LIVING IN BARRHAVEN MAINTENANCE-FREE

Starting at $238,461 includes 6 appliances and central air conditioning

Choose from 2 bedroom lofts with ELEVATOR. Visit our 2 model homes.

Visit valecraft.com 340 Tribeca Private Call (613) 440-0304 * See sales consultant for details. Prices, terms and specifications are subject to change without notice. E & O.E.

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Parking space included

SPOTLIGHT ON

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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

BEYOND THE FAMILY HOME: THE BENEFITS OF AN INCOME PROPERTY

SPOTLIGHT ON

CONDOS

MARNIE BENNETT

I love it when my clients share my passion for real estate. Lately, I’m finding that more and more of them are expressing interest in income properties and other real estate investment opportunities.

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

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

Assuming you don’t have the cash to pay for an income property outright – and few of us do – you may wonder how taking on an additional mortgage can possibly make good financial

C2 NextHome.ca

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

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

As with any investment, it’s important to be well-informed before you begin. I strongly

recommend speaking with a real estate expert who understands the Ottawa real estate investment market, someone who can help you to evaluate your timing, as well as the location and type of rental property or other real estate investments that will serve you best.

To receive a FREE copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars When You Buy” email sales@ bennettpros.com Marnie Bennett is a Broker and CEO of 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 Bennett Real Estate and Wealth Show” every Saturday @ 1:00pm on 580 CFRA, a millionaire real estate investor and a wealth management coach. bennettpros.comm

+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 $311,000.

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 $311,000

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

TRENDING

OTTAWA TOPS IN ONTARIO

SPOTLIGHT ON

CONDOS

CITY RANKED NUMBER ONE PLACE TO INVEST IN REAL ESTATE IN PROVINCE Ottawa, you’re number one. In all of Ontario. Yes, you read that right.

A new report shows the nation’s capital has the growth, diversity and strength required to lead the province in real estate market performance over the next fiveyear period. The report – REIN’s Top 10 Ontario Cities – helps homebuyers, sellers, developers and investors decide whether now is a good time to buy, or sell, a property in their target city.

For 26 years, the Real Estate Investment Network (REIN) has been providing independent research and analysis reports on housing markets across Canada and has earned its reputation as a dependable source in providing unbiased research and analysis.

Studying 36 economic and market factors, REIN identifies Ontario real estate markets that are poised to outperform over the rest of the province. The detailed report provides additional analysis that concludes where each market is in the real estate cycle and what to expect as the cycle continues.

“This is the first time in the over 26 years of producing these reports that there are so many wild-cards in play each of which can have a direct impact on the housing markets across the province,” says Don R. Campbell, REIN’s senior analyst. “That is why now, more than ever, it is important for home-buyers, investors and developers to dig deeper in their research before

C6 NextHome.ca

Ranked in order of potential for housing market strength over the coming five-year period:

OTTAWA

1.

KITCHENER - WATERLOO - CAMBRIDGE

2.

HAMILTON

3.

BARRIE

4.

BRAMPTON

5.

DURHAM REGION

6.

TORONTO

7.

KINGSTON

8.

ORILLIA

9.

GRIMSBY & ST. CATHARINES making a decision. That is why we have factored in 36 different components for each city as we uncover the least risky markets in the province.”

The report looks beyond the economic fundamentals and market influencers, digging deeper to reveal where, when, and how to invest: • Where each city sits in the technical phase of REIN’s real

10.

estate cycle.

• For investors: Given each city’s phase in REIN’s real estate cycle, the report shares which investment strategies and tactics will be the most, or least, effective.

• For homebuyers: The report provides answers to the key question on whether now is a good time to sell, given a city’s position in the cycle.

75% SOLD

NOW UNDER CONSTRUCTION

Condominiums overlooking the River in Old Ottawa East

SUITES FROM 300 TO 1,200+ SQ.FT. STARTING FROM THE MID

$200’s

Illustrations are Artist’s Concept.

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

PRESENTATION CENTRE 175A MAIN STREET GREYSTONEVILLAGE.CA

CONDOS

TOUR OUR DESIGNER MODEL SUITE TODAY!

SPOTLIGHT ON

Greystone Village VOTED Ottawa’s Community of the Year 2017: The River Terraces at Greystone Village, offers boutique condominium living with expansive terraces overlooking the Rideau River. All just minutes from the arts, culture, sports and shopping in Downtown Ottawa.

C7

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

255 BAY

MODERN STUDIO 1+2 BDRM + 2 STORY LOFTS FROM $

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

PRESTIGE HOMES High-end single-family home in one of the most sought-after community

819.303.1809

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

TRENDING

ONTARIO’S BEST

TARION ANNOUNCES FINALISTS FOR BEST HOME BUILDERS AS CHOSEN BY CUSTOMERS Tarion has announced the finalists for the 2018 Homeowners’ Choice Awards, the only awards that give Ontario’s new-home buyers the power to have their builder recognized for excellent customer service.

Presented by Tarion, the awards recognize outstanding customer service in four builder categories: Small, Medium, Large Volume and Highrise.

“The journey to homeownership can be bumpy or smooth depending in large part upon the builder,” says Howard Bogach, Tarion president and CEO. “These awards are an opportunity for owners of newly built homes to recognize the builders who made that journey rewarding and enjoyable through service excellence.”

Every fall, Tarion engages a third-party research firm to conduct a province-wide customer satisfaction survey of new-home owners in their first year of ownership – specifically, homeowners who took possession between Oct. 1, 2016 and Sept. 30, 2017.

Survey questions focused on homeowners’ satisfaction with their builder, covering every stage in the homeowner-builder relationship – from the signing of the Agreement of Purchase and Sale, through construction and the pre-delivery period, to after-sales service.

Award recipients will be announced at a luncheon in Woodbridge on May 1, 2018.

16 NextHome.ca

The following new home builders are finalists in the four award categories: Small, Medium, Large Volume and Highrise.

SMALL VOLUME CATEGORY

LARGE VOLUME CATEGORY

(5-20 possessions per year)

(More than 100 possessions per year)

• C. Kelos Homes, Thunder Bay • Gordon Tobey Developments, Brighton • Kolody Homes, Belle River • Lockwood Brothers Construction, Oxford Station • Stinson Builders Ltd., Belleville • Terry Waito Homes Inc., Petawawa

• Arista Homes Ltd., Vaughan • Devonleigh Homes Inc., Orangeville • Hayhoe Homes, St. Thomas • Mountainview Homes, Thorold • Sorbara Group of Companies, Vaughan • Tartan Homes Corporation, Ottawa

MEDIUM VOLUME CATEGORY

HIGHRISE CATEGORY

(21-100 possessions per year)

(More than 100 highrise possessions per year)

• • • •

Heisler Homes, Kitchener Klemencic Homes, Trenton OPUS Homes, Vaughan Sal-Dan Developments Ltd., Sault Ste. Marie • Talos Custom Homes Ltd., Richmond • Triple T Holdings Limited, Peterborough At the luncheon on May 1, Tarion will also be presenting the second annual Ernest Assaly Award, recognizing Ontario new-home builders that are leaders in quality home building, innovation and community service.

The Ernest Assaly Award is named after Tarion’s first Board Chair (1976 to 1988). He was a passionate voice for the builder’s warranty program, a highly respected award-winning

• Edilcan, Concord • Menkes Developments Ltd., Toronto • Plazacorp Investments, Toronto • The Daniels Corporation, Toronto • The Tricar Group, London • Tridel, Toronto builder and a leader in Ontario’s residential construction industry.

THE FOUR FINALISTS selected by Tarion’s Board of Directors are: • Armour Heights Developments Inc., Vaughan • Swank Construction Ltd., Iroquois • Terry Waito Homes Inc., Petawawa • Tridel, Toronto

NOW OPEN

STRONG TRADITION, FRESH DESIGN Richcraft's newest community in Findlay Creek. Discover our collection of award-winning Singles & Towns.

4824 Bank St. | Mon - Wed: 12pm - 8pm| Weekends: 12pm - 5:30pm | 613 822 9714

PROPERTY PROFILE

CLARIDGE HOMES’ SUMMERHILL VILLAGE Claridge Homes believes in delivering a living space that suits your lifestyle and that you’re proud to call home. But what really defines a lifestyle? A lifestyle is how you raise your kids, it’s how you spend your leisure time, it’s late evening bikes rides and early morning school drop-offs. It’s your community, your access to services and conveniences, your way of life.

When buying a home, lifestyle is truly everything. And in Summerhill Village, a quality lifestyle is waiting for you.

Located on River Road in Ottawa’s south end, Summerhill Village is a charming community that offers three-storey townhouses exclusively in its final phase. Six gorgeous 18 NextHome.ca

home options are available, all designed with careful attention to architectural detail and style. You can choose from the variety of spacious floorplans ranging from 1,515 to 1,860 sq. ft., with three- or two-bedroom with loft options, starting at just $341,000.

Homes feature open concept living on the main floor, with nine-ft. ceilings and large windows allowing for lots of natural light. Backyards and balconies provide even more living space and allow you to revel in the outdoors in privacy. Each home includes a garage on the first floor, with basements that provide you with ample storage space.

Enjoy bonuses of three kitchen

appliances included, as well as hardwood on the main living floor and ceramic tile in the kitchen, bathroom, laundry and entry.

Also benefit from a $3,000 design bonus to truly create the finishes and stylings that will turn your house into your home.

Summerhill Village homes are Energy Star-certified and feature contemporary interior trim, cabinets and railings. Lots are fully sodded and include asphalt paved driveways and pre-cast patio stone walkways.

Summerhill Village is located in a developed community with established amenities and services close by, including many schools, both public and private, English

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LOCATION Ottawa South DEVELOPER Claridge Homes DEVELOPMENTS Summerhill Village HOME TYPE Townhouses PRESENTATION GALLERY 591 Summerhill St., Manotick, Ont., open Monday to Wednesday 1 to 8 p.m., Saturday and Sunday, noon to 5 p.m.

CONTACT 613.822.6444 summerhillvillage@ claridgehome.com

and French, elementary and high school. Outdoor enthusiasts will love the natural pathways and bike trails that weave through the community. Located just a short drive from historic Manotick, where your family will find fun community activities throughout the year along with small town charm and boutique retail options.

Claridge Homes delivers the

lifestyle you want, at a price you can afford. In addition to delivering some of the best locations for new homes in Ottawa, Claridge is a well-known builder offering exceptional style. Including a variety of luxurious features as part of a standard package – not upgrades – is just one way Claridge stands out to new buyers in delivering the best new homes

and condos in Ottawa.

By combining top locations and exceptional value, Claridge Homes emerges as one of Ottawa’s premier builders and the natural choice for buyers pursuing exceptional living.

For more information, please visit the website at claridgehomes.com or stop by the sales centre.

MAR. 31-APR. 14, 2018 19

INSPIRATION

style file

HOME

OFFICE

DESIGNER JO ALCORN CREATES A STREAMLINED OFFICE WITH MASCULINE TOUCHES 20 NextHome.ca

During my design career, I have worked on many office spaces, but this particular project was very exciting for me because my client wanted a streamlined space with masculine details.

The space was in dire need of a transformation because it was used to store the “unwanted.” You know, the stuff you accumulate in life but just can’t throw away.

Here is how I tackled the project.

First things first – I wanted to set the tone of the room by creating a dramatic wall treatment. I used MDF shiplap

by Metrie (metrie.com), which covered almost all the walls in the office. I installed baseboards from the Pretty Simple Collection to finish off the room, and all the trim was painted with Benjamin Moore’s Decorator’s White – CC20 (benjaminmoore.com).

The only wall that I didn’t add shiplap to was the back wall; here, I installed a stunning, open bookshelf. I made this wall really stand out by painting a dark colour behind it in Benjamin Moore’s Wolf Gray – 2127-40.

Next, it was time to choose the furniture, and I aimed to keep things custom and masculine. I worked with Harkel Office (harkeloffice.com) and its new West Elm Workspace line, produced exclusively with Inscape. I was able to completely customize everything. From choosing among many different patterns for the chair and sofa upholstery, to the finish on the bookshelves, I was able to find exactly what would work for my client.

In today’s busy and everchanging world, it’s a must to have a TV in an office. For this space, I chose a Sharp 55-in. 1080p HD TV by Roku (roku.com). It has a great remote control, but it also has a mobile app, so you can control everything from your

smartphone, and even cast music, photos and videos to the big screen.

While the design of any space is important, an office has to be equipped for function. In this office, I installed the new Velop Whole Home Wi-Fi system (Linksys.com). This system blankets an entire home or office with Wi-Fi, no matter the size and shape. I also love the look of the system, as it can be easily incorporated into the decor.

I love to include personalized artwork into offices. I chose to get all the artwork in this space from Posterjack, Canada’s photo art experts (posterjack.ca). I uploaded gorgeous personal photos from the client’s recent vacations and fun memories from their cottage.

Of course, you can see my love of dogs also shines through in this space with photos of their family pooch. I used a myriad of Posterjack’s different options, like its canvas minis, lacquer frames, woodstand prints, acrylic blocks, and more. It allowed me to create a great diversity of photo art in this space.

I then swapped out a small ceiling light for a stunning, artistic piece from Harkel office. It has a dimmer option, so my client can adjust, depending on the natural light coming in from the large windows behind the desk.

My favourite part of any design project is the finishing touches! I had so much fun shopping at HomeSense (homesense.ca), where my budget went a long way. I was able to find a wide-assortment of masculine accessories such as bookends, globes, greenery and more. Finally, I topped it off with the perfect cushions and curtains that were made for this space.

Jo Alcorn is a design specialist and designer on HGTV’s Home to Win, out this spring. She has her own furniture collection, signature pillow and dog bed line, and is known for her savvy design concepts. Visit Jo at whitewashco.ca

MAR. 31-APR. 14, 2018 21

HOT PROPERTIES

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

SUMMERHILL VILLAGE BY CLARIDGE HOMES

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

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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

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

SUMMERHILL VILLAGE By: Claridge Homes City: Ottawa South Housing type: Condominiums Contact: claridgehomes.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. 31-APR. 14, 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 $259's

15

From $400's

12, 13

x

From $348,900

6, 7

x

From $310's

x

From $394,900

6, 7

From $390'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 $341,000

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

From high $300's

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 $364 ,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 $311,000

C4, C5

Downtown

Claridge Homes

The Lofts

x

From $400's

C4, C5

Downtown

Claridge Homes

Tribeca

x

From $367,000

C4, C5

Downtown

Richcraft

The Bowery

x

From $200,000

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 $291,000

C4, C5

Ottawa Central

Claridge Homes

Fusion

x

From $484,000

C4, C5

Ottawa Central

Claridge Homes

Waterstreet

x

From $360,000

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 low $300'S

BC

West Nepean

Claridge Homes

Stirling Park

x

From $381,000

C4, C5

x

CONDO

MAR. 31-APR. 14, 2018 25

ADVICE | MORTGAGE INTEL

GOOD

vs

BAD

UNDERSTANDING HOW DIFFERENT TYPES OF DEBT AFFECT YOU INVESTMENT LOANS

ALYSSA FURTADO

We’ve been taught to believe debt is bad. However, that’s not always the case. Good debt will often increase your future net worth, while bad debt will do the opposite.

Here’s a quick overview of what kind of debt is good or bad: STUDENT LOANS

A student loan is a good debt because an investment in higher education usually leads to greater earning potential and the ability to find a good-paying job. That additional income will add up over your lifetime. And if you get a federal or provincial loan to help pay for your education, the Canada Revenue Agency allows you to claim the interest paid on your tax return.

A loan to start a business or used for investment purposes is another example of good debt. Having a business on the side or a full-time basis can pay off over the long run if you’re successful or you find a buyer. Another option is to borrow to invest in a number of different types of investments, such as stocks. The CRA will usually allow you to deduct your interest costs if the investment produces interest income or dividends.

“

Good debt will often increase your future net worth, while bad debt will do the opposite.

CAR LOAN CREDIT CARD DEBT

This is probably the worst kind of debt because the rates can be very high. Many rewards cards are around 20 per cent, while department store cards can be closer to 30. If you make only the minimum payment, it can take years for you to pay off your credit card debt. And you’ll end up paying back a lot more than you actually borrowed. Missing a payment or two will hurt your credit score. Make sure to pay off your balance on time every month or it may be harder to qualify for a mortgage in the future.

26 NextHome.ca

”

A car loan is usually considered bad debt because the vehicle is a depreciating asset. In fact, it loses value as soon as you drive it off the lot. While a vehicle helps you get around, it’s hard to see how a vehicle improves your net worth – especially if you consider the annual cost of gas and insurance.

However, a car may be a necessity if you don’t live in the city or if public transportation is difficult to access.

MORTGAGES

A mortgage is mostly considered good debt because a home will

likely appreciate in value. But a mortgage can be a bad debt if you buy something that’s barely affordable. While a financial institution may approve you for a large mortgage, it doesn’t mean you should spend as much as you can. Doing so will possibly leave you house poor with little left over for necessities or emergencies.

A better kind of mortgage is for a rental property. Buying a home for rental purposes will give you an extra stream of income and can help pay down the mortgage faster. If the property increases in value, it will turn out to be an even better investment.

THE BOTTOM LINE

While good debt does exist, keep in mind that it might not be the case all the time. Whatever you do with your money, you should be responsible and don’t take on more debt than you can handle.

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. 31-APR. 14, 2018 27

MODEL HOMES GRAND OPENING! TOUR THEM TODAY IN FINDLAY CREEK!

Townhomes So Beautiful...

They’re Suitable For Framing!

Starting from the low $300,000s, it’s your space, your way.

Designed for an active lifestyle, these fully upgraded townhomes make luxury standard and are ready for your artistic touch!

The best of Findlay Creek Village is right outside your door — shopping, restaurants, transit, and health care are just steps away. Plus for a limited time, you’ll receive 6 appliances, air conditioning, and a $5,000 design centre bonus!

Sales Centre 112 Helen Rapp Way, Ottawa ON Monday - Thursday: 1-8pm Friday: Closed Saturday, Sunday & Holidays: 12-5pm

613-822-1101

Starting From the

Low $300,000s