Eastern Ontario New Home & Condo Guide - Jun 14, 2014

[ 4-week issue ] Jun 14 - July 12, 2014 Volume 14 Issue 12

Eastern Ontario Edition

Your Best Source for New Homes and Condos

Q West vision becomes reality

inside this issue

DEVELOPMENT CHARGES SET FOR SIGNIFICANT HIKE

CUSTOMIZING YOUR HOME: THINK OUTSIDE THE BOX

HOW TO ESTIMATE YOUR HOME INSURANCE PREMIUMS

Stylish bathrooms feature contemporary finishes and vanity

CFL lighting throughout saves you money

Stunning open-concept design with 9’ ceilings

LEED® certified features are good for the environment

Spacious single-car garages offer plenty of room for storage

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NOW SELLING AT OUR 2 PERFECT COMMUNITIES

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ORLÉANS

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Monday to Thursday: 12-8pm Friday: Closed Weekends & Holidays: 11am-6pm

OTTAWAHOMES.MINTO.COM *Prices and specifications are subject to change without notice. **Carry cost varies depending on unit type. Carry Cost includes CMHC Insurance.

Based on 2.97% 4 year term. Certain restrictions apply. See Sales Rep for details. Rendering is artist concept. E.&O.E.

Monarch first.

Since 1917, Monarch has been at the heart of so many family histories.

First homes. First memories. First accomplishments. First friends. And first loves. For almost a century, the reassuring welcome of a Monarch home on a Monarch street has brought thousands and thousands of families closer together. So if you’re looking for a new home, trust the oldest, strongest and most respected name in Canadian homebuilding.

Choose Monarch. First.

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MORE FAMILIES CHOOSE MONARCH. first.

NEPEAN | Stonebridge | Save up to $20,000 on select inventory Townhomes from the low $300,000’s Singles from the mid $400,000’s Sales Centre 610 Kilbirnie Drive (Kilbirnie Drive & Dundonald Drive) 613-692-9284

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TOUR BEAUTIFUL MODELS AT ALL OUR COMMUNITIES

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first.

Other promotional offers do not apply with this promotion. Prices and specifications subject to change without notice. Please see sales associate for additional details. E. & O.E. 11241 5

You’ll Find Mattamy Communities

Half Moon Bay, The Parkside Model Home.

BARRHAVEN

A Whole New Release Of Townhome Designs Now Available In Popular Half Moon Bay!

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Sales Centre: 3454 Greenbank Rd., ON, K2J 4H7 613.825.7932

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Come Discover How To Live Naturally In Our New Release Of Well-Appointed Townhomes! yer Saw ay W

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Sales Centre: 7 Summitview Dr., ON, K2M 2V9 613.271.0636

Townhomes From $231,990 Detached Homes From $324,990

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Now Available, Pie-Shaped Lots & Walk-Out Basements!

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Sales Centre: 1776 Maple Grove Rd., ON, K2V 1B8 613.831.9369

Townhomes From $232,990 Detached Homes From $325,990

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In All The Right Places.

BARRHAVEN Elev. ‘A1’

Elev. ‘B1’

Village Home, The Appleby, Elev. ‘B1’, 1,100 Sq.Ft., $230,990 Includes: 3 Stainless Steel Appliances. & Granite Countertops In Kitchen.

WideLot™ Townhome, The Berrygrove, Elev. ‘A1’, 1,126 Sq.Ft., $259,990 Includes: 3 Stainless Steel Appliances. & Granite Countertops In Kitchen.

34' Home, The Forestlane, Elev. ‘C’, 2,050 Sq.Ft., $374,990

Includes: Granite Countertops In Kitchen, Hardwood In Lieu Of Carpet on Main Floor & Rec. Room Ready PPO.

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Village Home, The Berryhurst, Elev. ‘A1’, 1,263 Sq.Ft., $244,990

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2 Storey Townhome, The Oak End, Elev. ‘A’, 1,729 Sq.Ft., $299,990

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30' Home, The Birchgrove, Elev. ‘E’, 1,490 Sq.Ft., $324,990

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KANATA

Elev. ‘A’

WideLot™ Townhome, The Fernwater End, Elev. ‘A’, 1,517 Sq.Ft.,$277,990 Includes: 3 Stainless Steel Appliances Granite Countertops In Kitchen, & $5,000 at Décor.

30' Home, The Marigold Corner, Elev. ‘A’, 1,710 Sq.Ft., $349,990

Includes: Granite Counter Tops In Kitchen, Hardwood Floors In Lieu Of Carpet On Main Floor & $10,000 at Décor.

43' Home, The Sandpiper, Elev. ‘A’, 2,966 Sq.Ft., $479,990

Includes: Granite Counter Tops In Kitchen, Hardwood Floors In Lieu Of Carpet On Main Floor & $20,000 at Décor.

Follow us:

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

7

UNIQUE, ARCHITECT-DESIGNED HOMES

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*Prices and speciďŹ cations are subject to change without notice. Rendering is artist concept. E.&O.E. 10

4 GREAT COMMUNITIES, 1 PERFECT OPPORTUNITY! Minto offers 4 beautiful communities to choose from. Enclave is a stunning collection of homes located within the charming Trailsedge community. Arcadia, a 200-acre master planned community in Kanata, is set amidst natural green space. Avalon in Orléans offers picturesque streetscapes, landscaped greenways and parkettes. And Chapman Mills, a short walk to schools and close to the area’s best recreational, retail, and entertainment amenities.

SINGLE FAMILY HOMES PERFECTLY PRICED FROM THE MID $300’s*

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SALES CENTRE:

SALES CENTRE:

204 MONACO PLACE

102 SOUTHAM WAY

ORLÉANS

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Monday to Thursday: 12-8pm Friday: Closed Weekends & Holidays: 11am-6pm

FIND YOUR PERFECT HOME TODAY! OTTAWAHOMES.MINTO.COM 11

12

starting at $283,900 SPrIng Valley traIlS – naVan liVe where NATure will AlwAys

lIft your SPIrIt

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

//EDITOR’S NOTE

Get it in writing and have your lawyer review your agreement

B

SUSAN LEGGE

EDITOR-IN-CHIEF Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook. Search: New Home Guide

uying a brand-new home offers you an opportunity to customize it to your liking. It can be a dream come true and an investment for the future – but don’t forget, it’s also legal transaction.

The term “get it in writing” has never been more important in the case of the new-home purchase, since such a document outlines everything your home will have in it, on it and around it. Otherwise known as the Agreement of Purchase and Sale, the contract spells out the terms and conditions between you and your builder. Without it, if there is a misunderstanding or disagreement, it’s impossible to prove what was agreed upon.

Since building a home is much more complicated than a resale transaction where the unit and/or property likely already exists, there is

no set Agreement of Purchase and Sale or standard contract for buying a new home. In some provinces, builders may have standard contracts prepared by the local home builders’ association or their new-home warranty program. Builders often prepare their own agreements, so contracts can vary from one builder/ developer to another and from province to province.

Before you sign a contract, review it carefully with the builder and ask questions to make sure you fully understand what it contains. Your next step is to then take it to a real estate lawyer and have it reviewed. Once it is signed, it becomes a legal document and an agreed-upon contract, so seeking the services of an experienced real estate lawyer is an important step toward ensuring that your dream home becomes a reality.

How is your builder handling DCs Home builders getting creative to give buyers a break on rising Development Charges

W

WAYNE KARL

EDITOR Wall2Wall Media Wayne.Karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl Like us on Facebook. Search: New Home Guide

e and other industry sources in New Home & Condo Guide (see page 28) have been writing more and more recently about Development Charges, trying to bring attention to this increasingly important topic – and what buyers might be able to do about it. DCs are the fees applied by various levels of government when homes are built, to pay for new roads, transit and other infrastructure.

Now, we’re happy to report, home builders are getting creative, looking for ways to give buyers a break on rising new home costs. In one example in Toronto, Edilcan Development Corp., found a way to freeze DCs at 2013 levels at one its

14 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JUN 14 - JUL 12, 2014

projects – a master-planned community that involves townhomes and three condominium towers.

We don’t expect that all home builders will be able to find similarly innovative solutions, but the initiative is a shining example of what can be done – while home builder associations across the country lobby government on behalf of new-home buyers.

Given that these rising fees are almost always transferred right on to you, the new-home buyer – along with your associated mortgage costs – such creative efforts should be applauded.

As you’re out there scouting about for your new home, ask your builder how it is handling DCs, and if there are any opportunities to save.

contents

JUNE 14 - JULY 12, 2014 || VOLUME 14 ISSUE 12

COVER

p. 24 ASHCROFT HOMES

Q West vision becomes a reality

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

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31

DIRECTOR OF SALES, NATIONAL

Josh Heppner

SALES MANAGER, EASTERN ONTARIO

Paul Bimm

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge ART DIRECTOR

Tammy Leung EDITOR

Wayne Karl CONTRIBUTING EDITORS

Sara Duck, Elisa Krovblit, Lydia McNutt

CONDO INSERT | C01-C32

SALES CO-ORDINATOR, EASTERN ONTARIO

Nash Kamaludin

SPOTLIGHT ON CONDOS: Your guide to new condo

communities in the Gatineau and Greater Ottawa Area

regular features 14 Editor’s Note C30 Home Smarts

The custom home: thinking outside the box

by Marnie Bennett

18

Fundamentally Speaking Buyers should act now to avoid rising Development Charges

Dennis Ng

GRAPHIC DESIGNER

31 38

28

Insurance Needs & Options Do you need mortgage loan insurance?

GOHBA Report Development Charges to increase 31 per cent

by John W. Herbert

Insurance Needs & Options How to estimate your home insurance premiums

Two pages of community previews and openings

C06 CLARIDGE HOMES 24 34

Mike Terentiev

Published By

Hot Sheets

community focus features

by Wayne Karl

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Bala Gnanapandithan PRODUCTION CO-ORDINATOR

C22 In the News

Canadians still optimistic about housing market: BMO

MANAGER OF PRODUCTION

Claridge Icon – transforming Ottawa’s skyline ASHCROFT

HOMES

Q West vision becomes a reality MONARCH

CORPORATION

Monarch first – with the perfect community for you!

newhomeandcondoguide.com 1 Raymond St., Ste. 300 Ottawa, Ontario K1R 1A2 Phone: 613.729.1221 Published Saturdays, 2014 Publishing Schedule: Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1

CIRCULATION: Free distribution in street boxes, stores, banks and financial institutions.

TERMS: Advertisers, editorial content and New Home & Condo Guide are not responsible for typographical errors, ­mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL: Submissions from interested parties will be considered. Please submit to the address shown. The views and data expressed by columnists do not necessarily represent those of the publication.

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

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

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

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//FUNDAMENTALLY SPEAKING

BUYERS SHOULD ACT NOW TO AVOID RISING

Development Charges » by WAYNE KARL

WAYNE KARL

is an award-winning writer and editor with experience in real estate and business.

In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property.

He can be reached at

wayne.karl@wall2wallmedia.com

or follow him on Twitter at Twitter.com/WayneKarl

If you’re looking to buy a new home or condo, you might want to hurry: prices in many markets are about to take a bit of a jump, and it has nothing to do with supply and demand. Nor will you get any more bang for your buck.

The cause of the increases? Development Charges.

The City of Ottawa, for example, is proposing a whopping 31-per-cent increase to Development Charges – the fees applied by various levels of government when new homes are built, to pay for new infrastructure such as roads, transit and other necessities (see page 28). Builders pay the charges, but typically pass on the cost to buyers.

With the increases, the new fees will increase $8,500 per home, to a total of almost $34,000.

It’s not just an Ottawa problem, either. In Mississauga, Ont., prospective buyers of new lowrise homes in that market are looking at a 54-per-cent increase in Development Charges – to an average of about $26,000, up from $16,000. For condos, buyers will be on the hook for more than $17,000 in DCs, rather than $13,000.

In Toronto, City Council late last year voted to increase Development Charges by 75 per cent, to almost $30,000 for a semi or single-detached home. These new fees began to be phased in on Feb. 1, 2014 and are to be fully implemented

by Feb. 1, 2016.

Development Charges are even steeper further out in the GTA. According to a recent report from Altus Group, an economic consulting firm, municipal fees and charges collected by Toronto, Markham, Oakville, Brampton, Bradford-West Gwillimbury and Ajax average out to about $116,200 on a new single-detached home, representing 22 per cent of the cost. For a new highrise, the fees average $64,000 – or 20 per cent.

In Vancouver, the various government taxes, fees and levies range from 16 to 27 per cent of the cost of a new home, depending on the city and the type of housing.

“Development Charges are a tax,” Bryan Tuckey, president of the Building Industry and Land Development Association (BILD), Toronto, told New Home & Condo Guide. “The rates have increased exponentially, and it has shifted the burden of paying for critical infrastructure onto the newest residents and businesses moving into a neighbourhood. It is not fair that new homeowners are the only ones paying for new and upgraded infrastructure when all residents – new and old – will be using it.”

18 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JUN 14 - JUL 12, 2014

Though the problem may differ slightly from one city and province to the next, with critics arguing the fee increases are largely arbitrary, the concern is universal: new-home buyers are picking up a disproportionate part of the tab for infrastructure development.

“As costs associated with building new communities increase, it is becoming increasingly difficult for buyers to find a new home they can afford to purchase,” says Tuckey. “While we understand that growth must pay for growth, the building industry has expressed the need for these fees to remain reasonable, fair and accountable to new-home purchasers.”

Some builders are even resorting to freezing the Development Charges they pass on to buyers at the existing rates, even while the increases take place, to give consumers a break.

So, as you’re out there scouting for your prospective new home or condo, ask your builder about DCs, and if there’s a tangible benefit to buying sooner than later.

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

Singles and towns in Barrhaven

Singles and towns in Kanata South

Singles and towns in Kanata

Singles in Carleton Place

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

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20 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

321 Bobolink Ridge

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spotlight on condos Eastern Edition

June 14 - July 12, 2014

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

IMMEDIATE OCCUPANCY

It’s your time.

For travelling, shopping, golfing, skiing, dining out and everything else you love to do. Cardel condos make life a breeze.

2 BEDROOM CONDOS STARTING FROM

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spotlight on condos

INCL HST

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Visit us online for location and hours.

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GRAND UNVEILING New layouts released by popular demand

BY THE RIDEAU

Live the lifestyle of your dreams.

Discover the undiscovered! Sonia puts the ‘WOW’ back into condo living with fabulous design, low condo fees and great features wrapped up in prices so good we dare you to compare. See the fully decorated model suite and get a taste of the Sonia Lifestyle.

STARTING FROM JUST $219,900.

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350 Montgomery Street. Access from McArthur Avenue just west of the Vanier Parkway.

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M O N TA G E

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montagecondos.ca

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now you’re home

Urban Convenience Appease your inner foodie at famed local eateries, or host friends in your famed urban space. If your guests decide to stay over, they’ll feel right at home in the Kavanaugh guest suite.

Urban condos in Beechwood Village

Features: roof-top terrace & lounge · fitness facility ground floor retail & courtyard · guest suite Unique selection of 1 bedroom and 1 bedroom + den suites starting at $280,700 Move in Spring-Summer 2015

spotlight on condos

See the full-size model suite shown above at our sales centre · 84/86 Beechwood thekavanaugh.ca • Urban condos by Domicile • 613.868.7597

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SPOTLIGHT ON CONDOS

CLARIDGE ICON:

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Transforming Ottawa’s skyline

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old, luxurious, awe-inspiring: three words that embody what it means to be iconic. Claridge Homes is poised to transform Ottawa’s iconic skyline with the addition of their latest, most ambitious residential project.

Indeed, Claridge Icon will be instantly iconic, rising above all other residential condo buildings in the city to be its tallest at 45 storeys. Located at the juncture of Preston Street and Carling Avenue, Claridge Icon will offer luxurious living in one of Ottawa’s most sought-after neighbourhoods, with breathtaking views of Dow’s Lake and Commissioners Park, and easy access to all the delicious indulgences Little Italy has to offer.

CLARIDGE HOMES | Claridge Icon But it takes more than stature to be truly iconic – it takes style. Claridge Icon marks the official Ottawa debut of Hariri Pontarini Architects, one of Canada’s pre-eminent firms, which raised the bar with its bold, geometric tower design. The balconies arc gracefully around the building’s façade, creating organic curves inspired by the swaying reeds on the banks of Dow’s Lake. Granite, travertine, aluminum and wood materials are used throughout for an organic sense of flow; copper accents throughout the building pay homage to the Ottawa’s iconic Parliament Buildings and Chateau Laurier, and casting every space in a warm glow.

Whether you’re a young professional, a family or a retiree, Claridge Icon features an array of floorplans to suit your lifestyle – from one-bedroom suites starting at 625 sq. ft. to the 6,000-sq.ft., three-bedroom family suite. But no matter which suite you choose to call home, you’ll have full access to all of Claridge Icon’s amenities, including the concierge, ground level retail, an indoor pool, a yoga studio, a movie theatre, indoor and outdoor party rooms and a games room – all available to you 24/7.

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 the Ottawa’s iconic skyline with innovative projects such as 700 Sussex, LeBreton Flats, Tribeca, Tribeca East, and Claridge Plaza 1, 2, 3 and 4.

Claridge Homes was selected by Tarion as Ottawa’s 2012 Highrise Builder of the Year for Customer Service.

For more information about Claridge Icon, please visit the sales centre or call a sales representative.

LOCATION Ottawa SALES CENTER 505 Preston St., open Monday to Thursday noon to 7 p.m., closed Friday, open Saturday, Sunday and holidays noon to 5 p.m.

CONTACT 613.695.1441 icon@claridgehomes.com claridgeicon.com

JUN 14 - JUL 12, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7

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spotlight on condos

MOVE-IN THIS FALL OWN WITH 5% DOWN M O D E L S U I T E N OW O P E N

RESORT-STYLE CONDOS

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PR ESEN TATI ON CEN TR E

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spotlight on condos C10

Visit the Gluckstein desiGned furnished model suite. sales centre at 300 lisGar st.

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over

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

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

C12

START YOUR NUOVO LIFE.

that having convenient access to quality food is essential. Introducing La Bottega Nuovo.

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Domicile nuovo condos in Little Italy. Visit our sales centre at: 445 Preston 613.728.7873 Building location: Rochester at Pamilla nuovocondo.ca 2014 Finalist: High-Rise Builder of the Year, and 2011 Winner: High-Rise Builder of the year.

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Food, water, shelter and extra virgin olive oil. The Italian condo philosophy. At Nuovo, we believe

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spotlight on condos

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

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6 Appliances

Storage locker

spotlight on condos

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

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ALL YOU NEED IS LOVE

OWN FROM JUST

$1099/MONTH* Stunning one and two bedroom suites in a fabulous location within walking distance of everything that matters

LOVE TO INDULGE IN THE

GOOD THINGS IN LIFE

and own a prestigious address in one of Ottawa’s most desirable neighbourhoods?

Make your move to Minto Beechwood now and enjoy a SPRING BONUS of up to $15,000 OFF the purchase price.† Newly released floors and suites from over 600 sq. ft. to 1900 sq. ft., starting from the low $300s

LIFE IS SHORT. OWN THE MOMENT.

spotlight on condos

DON’T WAIT: Spring Bonus available for a limited time only!

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Visit our Sales Office at: 7 Beechwood Ave. (Beechwood and MacKay) Monday to Thursday Noon - 7pm.

Weekends and Holidays 11 am to 5 pm.

Fridays closed.

*Carry cost is based on $288,900 purchase price and does not include condo fees and taxes. †

Incentive based on unit and suite type.

See sales representative for details.

mintobeechwood.com 613.696.8188 Prices, sizes and specifications are subject to change without notice. Illustrations are artist’s concept. E. & O. E.

LIVE FRONT ROW CENTRE WITH ONLY 5% DOWN*

YOUR FRONT YARD

YOUR BACK YARD

Now Under Construction - Move in Fall 2014 • A prestigious address on the Rideau Canal & Bank Street

• In your backyard, enjoy the beautiful Lansdowne Park, fine dining and shopping, including LCBO & Whole Foods • Spectacular 1 & 2 bedroom designs featuring open concepts and stunning features and finishes

Luxury condos in The Glebe from the mid $300’s**

Visit the Sales Centre today!

Fifth Avenue Court, 831 Bank St. Monday - Thursday: 12pm - 7pm Weekends & Holidays: 11am - 5pm Closed Friday

mintolansdowne.com I 613.788.2784 *Available on suites in the Vibe only. **Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E.

spotlight on condos

• New stadium in your front yard, watch the CFL Ottawa REDBLACKS & Ottawa Fury FC

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Choose your ClARIDGe Style tRIbeCA – Downtown Tribeca is a world-class complex in a world-class neighbourhood.

Just minutes from your front door, you’ll find a cultural hotbed of fabulous shops, clubs, bistros, restaurants and cafés. Explore Elgin Street and all its charms. Model suites are available for viewing!

Occupancy now available. STARTING FROM $329,000

ClARIDGe plAzA 3&4 – RIDeau StReet With Claridge Plaza just steps away from it all, you’ll be happy to leave your car and walk where you’re going to. Live, work, play... at Claridge Plaza, you’re at the heart of it all.

Now available. STARTING FROM $208,000

StIRlInG pARk – MeRIvale You’ll be surrounded by all the stores and services you’d ever need. Parks and community centres dot the area, as do schools, daycares and medical centres. Public transit and the Queensway are close at hand.

Under construction. STARTING FROM $233,000

WAteRStReet – loweRtown Waterstreet is Ottawa’s best-kept secret: surrounded by some of the best cafes and restauraunts, you can sample fine fare at one of the local spots or stroll through the rest of the Byward Market to pick up fresh produce.

Under construction. STARTING FROM $192,000

spotlight on condos

lA tIffAnI 2 – new eDInBuRGH

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Located in the historic New Edinburgh neighbourhood, LA TIFFANI 2 is just minutes from Ottawa’s downtown core. Its breathtaking views extend in every direction, and include the Parliament Buildings, the Gatineau Hills, the Ottawa River, the Rideau River and the city skyline.

Move in today! STARTING FROM $249,000

Come Home to Style With 6 different locations around the city, we build to suit everyone’s needs. Visit us today!

Prices and specifications are subject to change without notice. e.& o.e.

fuSIon leBReton FlatS at Fusion, all of life’s pleasures come together in one eco-friendly living environment. leBreton Flats is ideal for walkers and cyclists, with 65 hectares set below the western edge of the escapement on which the Parliament Buildings perch. within this picturesque green space 40% of the land will be kept green and open, enhanced only with ottawa’s parks, courtyards and walkways.

STARTING FROM $266,000

a fusion of spotlight on condos

ClaridgeHomes.com

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Voted The Best Low Rise Condominiums in Ottawa

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

That’s why Foxwood Collection won the coveted 2013 SAMMY Award for Best Condo Low-rise,

spotlight on condos

as presented by the Greater Ottawa Home Builders’ Association.

KEMPTVILLE 416 5 416

Foxwood Condos Starting from

Foxwood Condos

279,000

$

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

2

43

44 43 44

24

416

613.258.6488

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

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STITTSVILLE

416

5

Starting from

284,000

$

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

Prices and specifications are subject to change without notice.

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

613.404.8075

eqhomes.ca

spotlight on condos

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//in the news

Canadians still optimistic

about housing market: BMO

According to the 2014 BMO Housing Confidence Report, 44 per cent of homeowners intend to buy a property in the next five years. This represents a slight drop from 2013, but still signals a high level of confidence in Canada’s housing market – particularly among those under 30 years of age.

However, results vary widely in Canada’s major city centres: » I ntent to buy has surged in Montreal, with 63 per cent planning to purchase a property in the next five years – up 13 points from last year » Half of those in the Greater Toronto Area (51 per cent) plan to buy in the next five years, a decline of eight points from 2013 » Further west, intent to buy in Calgary is up five points to 54 per cent, while Vancouver is down four points to 54 per cent » A fter seeing an increase of 15 points last year, Atlantic Canada dropped notably; intent decreased by 18 points to 29 per cent.

“The dip in overall intent could reflect expectations of higher interest rates, while the drop in the GTA likely reflects concerns about valuations and a possible price correction,” says Sal Guatieri, senior economist, BMO Capital Markets. “The improvement in buyer confidence in Montreal should help to absorb a moderate overhang of condos in that market.”

After seeing an improvement in affordability between fall 2012 and spring of last year, this measure has flattened in 2014, with 45 per cent of homeowners cutting back or dipping into their savings to pay their mortgage.

“Seeing consistency in terms of affordability year over year is encouraging, however, interest rates are likely to begin moving up in the near future, resulting in households potentially facing some strain down the ...continued on pg 24

C22 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

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According to the 2014 BMO Housing Confidence Report, 44 per cent of homeowners intend to buy a property in the next five years.

This represents a slight drop from 2013, but still signals a high level of confidence in Canada’s housing market – particularly among those under 30 years of age.

Price sensitivity and expectations: homeowners expect modest increases in property value

›N ationally, a 15-per-cent rise in

road,” says Sameh Elrefaei, head of mortgage products, BMO Bank of Montreal. “It’s important that Canadians make responsible choices when financing their home, and part of that is stress testing against a higher rate to ensure affordability remains stable.”

Elrefaei adds that for Canadians looking to buy a home – particularly first-time buyers – choosing a fixed rate mortgage and a lower amortization period can help to increase financial stability.

The report, conducted by Pollara, tracks confidence in Canada’s housing market among Canadian homeowners by measuring intentions to buy or sell, price expectations and overall mortgage affordability.

Young Canadians most likely to buy; investment properties more attractive in 2014

›O verall, intent to buy a property is highest among younger Canadians. Three› ›

quarters (75 per cent) of those between the ages of 18 and 29 plan to buy in the next five years, along with 67 per cent of homeowners aged 30 to 39.

W hile more than half (54 per cent) of those considering a property purchase in the next five years are looking at houses, this is down eight points from 2013.

Subsequently, the intention to buy a condo is up five points to 22 per cent.

A s with 2013, 10 per cent of those planning to buy are looking at recreational properties. Meanwhile, nine per cent plan to purchase an investment property, up three points from a year ago.

12 Month Price Expectations (Per Cent) Spring 2014 Spring 2013

›

Percentage of mortgage holders dipping into savings decreases in 2014

› Th e number of those dipping into

›

REGION Nationa l

BC

A B

MB/SK ON QC

ATL Mont GTA Ca l

Van

+2.3

+1.8 +3.0

+3.0

+2.9 +1.3 +2.4

+0.3

+3.1

+3.5

+1.6

+2.2

+1.2 +1.9

+3.0

+2.4 +2.2 +2.5

+2.5

+2.4

+2.1

+1.5

C24 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

prices would dampen plans to buy in the next five years by eight points (44 per cent to 36 per cent), showing that property values would have to rise sharply for long term buying intent to cool significantly O n average, homeowners expect property values to grow by 2.3 per cent in the next year, and 13.2 per cent over the next 10 years.

›

their savings to afford their mortgage payments in the past year has decreased by three points to 12 per cent. Furthermore, this measure has decreased by five points since 2012.

A dditionally, the total percentage of mortgage holders needing to cut spending to make their payments has stayed flat year over year.

H owever, mortgage holders who have needed to cut appear to be doing so in the appropriate places, with a four-point increase in those decreasing their spend on vacations.

spotlight on condos

25

QUALITY CONDO WITH MARVELLOUS VIEW OF THE RIVER

PRICE STARTING AT $275,000

Gatineau - 611, boul. Alexandre-Taché

Open for showing: Saturday and Sunday between 13 hrs and 16 hrs 2 BEDROOMS • ELEVATOR • GARAGE PARKING • STEEL AND CEMENT STRUCTURE • ONLY MINUTES AWAYS FROM CHAMPLAIN BRIDGE, DOWNTOWN OTTAWA, GATINEAU PARK, BICYCLE PATH, MARINA ETC…

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•

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STÉPHANE BISSON PAULA BORGES

819.743.2922

819.329.4994

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{

PROJECT CLOSEOUT

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+ Endless pool & sauna

aNy

reasonable

OFFEr

aCCEpTED + Gym

2 YEARS

WITHOUT

CONDO FEES

+ Rooftop Terrace

75%

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on MUnICIPAL TAXEs

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spotlight on condos

+ In front of Jacques Cartier Park + Minutes from Byward Market + Miles of Cycling roads at proximity + Marina de Hull accross the street

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//home smarts

The custom home:

Thinking outside the box

» by marnie bennett

Marnie Bennett

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

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

As a broker, I pride myself on finding the right home for the right client. But, on occasion, a client comes along whose demands are so specific and uncompromising that a custom home is the only way to satisfy them.

When most of us hear the term “custom home,” we think of a home that has been designed specifically for the buyer from the ground up. Custom-built homes tend to be associated with luxury – and, truthfully, the buyer who can afford to design and build a dream home probably has fairly deep pockets.

It’s important to recognize that, among builders who market themselves as custom builders, there may be great contrast. Some provide the client with a limited number of home plans to use as a framework, to which the client can request any number of alterations. Others employ an architect or designer who will work with you to draw up plans from scratch, strictly according to your wishes. These professionals generally provide valuable input about layouts and building materials.

There are obvious advantages to purchasing a custom home: you get exactly the home you want, on exactly the plot of land you want. Your home will be one-of-a-kind, the perfect expression of your personal taste. On the “con” side, you can expect to pay more than you would for a typical new home, and the planning stages will certainly require more of your time.

C30 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

Because you’ll be spending far more time in discussions with your builder’s team, it’s extremely important to choose a builder whom you like and respect. In your initial discussions, be sure that you feel you’re being listened to; the last thing you want is to feel pressured into making certain decisions. A good custom builder will do everything in his or her power to realize your vision; and if certain aspects of that vision are unrealistic or beyond your budget, they will take the time to explain these limitations and present you with appealing alternatives.

A custom-built home is the kind of investment – of both time and money – that should be made only when you’re planning to live in a house for years to come. But then, if you find yourself in the fortunate situation of being able to build your dream home, why would you ever want to leave?

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

For nearly 25 years, Samcon has relentlessly pursued its mission to redevelop Montreal’s urban landscape by constructing quality condominiums at affordable prices.

Its passion and commitment to ameliorating the quality of life across Montreal has resulted in Samcon constructing over 60 PROJECTS and winning 10 DOMUS AWARDS, receiving the esteemed BUILDER OF THE YEAR AWARD IN 1999, 2001, 2009, and 2012.

It is with great pride that Samcon announces SUMMERHILL AT DOWS LAKE, a TWO-PHASE DEVELOPMENT and its first project in Ottawa.

The sales office doors will open Thursday, April 24th, 2014 and SUMMERHILL’S ambassadors welcome all to visit, inquire, and learn more about Samcon’s latest condominium project.

Unit:

Quarter: Dows Lake-Glebe (Ottawa) Condominium project of 39 units over six storeys

- Elevator - Zen landscape - Private terrace/balcony for each unit - European-influenced kitchen - Granite and quartz countertops in kitchen and bathrooms - 9-foot ceilings - Air-conditioning in each unit - Electrical appliances included - Private garage-level storage - Indoor parking (optional) - Tarion guarantee

Price: Starting at $283,900 Types of units: 3 ½, 4 ½ Layout: Between 585 and 1370 sq.ft Delivery: Early 2016

SALES OFFICE : 613.569.5565 | SUMMERHILL@SAMCON.CA 774, BRONSON AVENUE, OTTAWA, ON, K1S 4G4 WWW.SUMMERHILLCONDOS.CA

spotlight on condos

PROJECT CHARACTERISTICS

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ARTIST’S CONCEPT

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

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

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

PRESENTATION RD CENTRE D ON HM C RI

Ravenhill Common townhomes now under construction 60% sold | Summer/fall 2014 occupancy | Choice locations still available Prices from $599,900 (includes 1 heated underground parking)

AVE

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ILL

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PRESENTATION CENTRE HOURS Monday to Friday Noon to 6 p.m.

Weekends and holidays Noon to 5 p.m.

VEN RA

ISO ED

613-825-0080 | RavenhillCommon.com

RAVENHILL COMMON

AVE

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(corner of Churchill and Richmond)

L HIL

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Presentation Centre located at 329 Richmond Road

VE NA

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jun 14 - JUl 12, 2014 | New home & Condo guide eastern Ontario 23

//cover story

Ashcroft Home’s Q West vision becomes reality

Location 108 Richmond Road Housing Type Condominiums: 599 sq. ft. to 1632 sq. ft. price: Low $300,000s to just under $900,000 Occupancy: fall, 2014 Sales Centre 101 Richmond Road Hours: Monday-Thursday 12 noon to 6 p.m.

Friday-Sunday 12 noon to 5 p.m.

Contact 613.221.5926 ashcroft-homes.com

L

ive the dream at Q West, the much-anticipated new Westboro condominium development by Ashcroft Homes. This fabulous Ashcroft offering is rapidly taking shape. The beautiful breezeway has now been unveiled and occupancy starts in August, 2014. This summer and fall!

Q West is a spectacular condominium building featuring exclusive studio suites, one-bedroom and two-bedroom units. Westboro is one of Ottawa’s most sought-after locations, and no wonder. Near the majestic Ottawa River and nestled in this

24 New home & Condo guide eastern Ontario | jun 14 - jul 12, 2014

long-established urban neighbourhood the location offers everything.

Fantastic dining, shopping and recreational experiences abound. Drop in at The Royal Oak, Bella’s Bistro Italian, The Table Vegetarian Restaurant, The Works, Keg Steakhouse, Starbucks, Bridgehead, or shop at Trailhead, Mountain Equipment Co-op, the Superstore, Metro, or the Parkdale Farmers’ Market, just to name a few options.

Visit the many parks in the area, or stroll the river shore. Attend the latest production at the Great Canadian

Ashcroft Homes | Q West and re Theatre Company, enjoy yoga, sports clubs, music festivals, or simply sit on the rooftop terrace and admire the view.

The Gatineau Hills, the Ottawa River, the urban forest of Westboro are all visible to you, not only on the roof but from your panoramic windows too.

The suites, designed by Roderick Lahey and inspired by the vision of David Choo, boast quartz countertops, ceramic flooring, stainless steel appliances, gourmet range, oversized showers, nine-ft. ceilings, and amenities similar to a boutique hotel.

The building’s former use as a convent enhances your home with the incredible rooftop terrace, outdoor kitchen, breathtaking view, concert space and 20-ft. lobby ceiling.

Purchase now at construction prices and save thousands of dollars.

Another spectacular luxury condominium development awaits at the re. Made for the most discerning clients – the new re condominiums is becoming a Canadian icon. This luxury five-star condominium in the Parliamentary Precinct gazes down upon the Hill and out across the magnificent Ottawa River and Gatineau Hills.

The re sits at the centre of everything that is of national importance. Between Sparks and Queen Streets, just west of Metcalfe, the historical façade fronts Sparks; while behind are glass curtain walls and the highest quality finishes. Only blocks from Parliament Hill, the Supreme Court of Canada, and the National Arts Centre, the re’s prominence and class befits its marquee location. The Rideau Canal, the Byward Market, Rideau Centre, and the charming urban neighbourhoods surrounding Ottawa’s hub are all within easy walking distance. Residents will be in awe of the glorious views. Parties will shine at the Sky Lounge on the 12th floor.

Ashcroft communities include; Central Park (only six designer homes remain), The Next Condominiums (across from the Experimental Farm), Eastboro (offering mixed use with lofts, single detached homes, and townhouses), Citiplace (off Prince of Wales and Colonnade Rd.), Opus (with luxury

“ Attend the latest production at the Great Canadian Theatre Company, enjoy yoga, sports clubs, music festivals, or simply sit on the rooftop terrace and admire the view.” two-storey penthouses for sale), and Glebe Court (only a handful of luxury lofts and condominiums remain).

Ashcroft also has commercial and retail spaces across the city.

Ashcroft consistently earns top ratings from the Greater Ottawa Home Builders’ Association. To learn more call 613.221.5926, visit ashcroft-homes.com, or visit the Q West sales office at 101 Richmond Road, Monday-Thursday 12 noon to 6 p.m. and Friday-Sunday 12 noon to 5 p.m.

Live the dream with Ashcroft Homes. jun 14 - jul 12, 2014 | New home & Condo guide eastern Ontario 25

//insurance needs & OPTIONS

Do you need

mortgage loan insurance?

Buying a new home and not sure if you need mortgage loan insurance? Well, if you’re making a down payment of less than 20 per cent of the purchase price (what’s known as a high-ratio mortgage), your lender will almost certainly require you to have mortgage loan insurance.

What many consumers don’t realize, however, is that this insurance doesn’t protect you, the homeowner – it protects your lender against mortgage default.

But since the mortgage is insured – essentially guaranteed by Canada Mortgage and Housing Corp. – this program also enables consumers to purchase homes with a minimum down payment of five per cent.

What many consumers don’t realize, however, is that this insurance doesn’t protect you, the homeowner – it protects your lender against mortgage default.

26 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

Mortgage loan insurance is not to be confused with mortgage life insurance, which guarantees that your remaining mortgage at the time of your death will not be a burden to your estate.

The CMHC Mortgage Loan Insurance premium is calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house price/value that you borrow, the higher percentage you will pay in insurance premiums.

If you’re putting down five per cent as a down payment and mortgaging the balance, your loan-to-value (LTV) ratio is then 95 per cent. Generally speaking, the higher the LTV, the greater the premium for mortgage loan insurance. For example, for an LTV of 95 per cent, the standard premium is 2.75 per cent of the purchase price; for an LTV of 90 per cent, it’s two per cent; for an LTV of 85 per cent, the premium is 1.75 per cent, and so on.

The premium can be paid in a single lump sum or it can be added to your mortgage and included in your monthly payments.

Without mortgage insurance, you may avoid the insurance premium, but you could also pay higher interest rates for the mortgage, as well as additional administrative fees. At the end of the day, for the vast majority of borrowers, the cost of CMHC Mortgage Loan Insurance is more than fully offset by the savings achieved.

Under the CMHC Green Home program, buyers may qualify for a 10-per-cent premium refund and extended amortization period without surcharge, for mortgages used to finance an energy-efficient home.

For more information, visit cmhc-schl.gc.ca

//GOHBA REPORT

Development Charges to increase 31 per cent » by JOHN W. HERBERT

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

Why does a new home in Ottawa cost so much?”

Readers might be surprised to learn that about half the price of a new home is comprised of land and taxes, and the profit margin is very small.

Housing affordability is becoming a serious problem, and many people are beginning to ask why. Parents whose millennial aged children are still living at home are concerned – and they should be. During the period from 1981 to 2011, the number of 25- to 29-year-olds living at home increased by 123 per cent. Over the same period, the number in this age group living independently as couples fell by a third.

In many cases, house prices have been increasing faster than people’s ability to save the down payment. Another contributing factor has been the federal government’s concern with what it believed to be an overheated housing market and its consequent tightening of mortgage rules.

We often say that hindsight is 20/20, because sometimes it’s only when we look back that we can accurately understand how we arrived at today’s dilemma. Some might say Ontario’s housing affordability problem began as early as 1961 with the introduction of the first sales tax. This tax moved up and down slightly over the following decades, but by itself was manageable.

In January 1991, the federal government introduced its own seven-per-cent GST, and housing taxation began to get complicated. Initially, new-home buyers were assured the new tax would be indexed to insure that taxes would not increase with housing prices. Unfortunately, that didn’t happen. The Canadian Home Builders’ Association continues to lobby on this issue, but given government’s need for increased tax revenue, it’s unlikely indexing will ever happen without greater public pressure.

In the late 1980s, Ontario introduced the Land Transfer Tax, which allows the government to take a percentage of the transaction cost for every piece of land sold in the province.

Also in the late 1980s, the province introduced the Development Charges Act, which allows municipal government to collect a tax on every new home to fund municipal infrastructure. It started out small, averaging about $2,000 per home, but quickly grew into the biggest tax of all.

The combined effect of all federal, provincial

28 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JUN 14 - JUL 12, 2014

and municipal new taxes over the past 25 years is an increase from about three per cent of the total cost of a new home to today’s 24 per cent.

Development Charges are reviewed every five years when major increases can be made, but they also increase annually based on Statistics Canada’s construction price index. In Ottawa, the Development Charge Review was just finalized and approved by City Council. If the increase is calculated based on the charge adopted in 2009, it is 47 per cent; if calculated based on the most recent inflationary increase, it’s 31 per cent, or $8,500 per home, bringing the total charge to almost $34,000.

Ottawa’s 31-per-cent Development Charge increase perpetuates government’s inability to grasp the alarming difference between constant tax increases and people’s ability to pay. Timing is also an important factor when considering the introduction of large tax increases. In Ottawa this year, new home starts are down by 38 per cent compared to last year. This is the largest decline in more than 10 years, and CMHC does not expect any significant recovery next year. More than 25,000 men and women are employed in the residential construction industry here, and many are naturally concerned about their jobs in this environment. So the question begs: is this a good time implement such an increase in DCs? The challenge in housing affordability isn’t just in Ottawa. From 2005 to 2011 the average price of a new home in Canada increased by 58 per cent, but the salaries of millennials, who represent the biggest percentage of new-home buyers, increased by only six per cent. The affordability gap continues to widen at an alarming rate.

Instead of continuing to increase taxes, government needs to start controlling its spending. A recent article by the Canadian Federation of Independent Business noted that while population in Canadian municipalities has grown by 12 per cent since 2000, inflation adjusted spending over the same period has exploded by 55 per cent.

Pride in homeownership is something Canadians have always enjoyed. But unless government begins to rein in its spending and gets taxation down to manageable levels, it’s clear that an increasing percentage of future generations in Ontario will be restricted to a lifetime of renting.

IMMEDIATE OCCUPANCIES AVAILABLE*

Spring Bonus*

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

FREEHOLD TOWNS

FROM $316,900*

Claude Tessier

ctessier@maisonslemayhomes.ca

Leitrim Road

Loosestrife Way

Sales Office

Rotary Way

Also SINGLES & BUNGALOWS

Bank Street

Rotary Way

Teasel Way

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

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

LEMAYhomes.ca

IT’S NOT TOO LATE TO...

DISCOVER EASTERN ONTARIO’S HOME BUILDERS — ONE STORY AT A TIME

• Industry Insights by Eastern Ontario’s Home Building Leaders • Detailed Home Builder Stories • Mortgage and Legal Advice

2014 Home Builders’Annual Now Available!

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

30 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

//insurance needs & options

How to estimate your

home insurance premiums Like all insurance premiums, how much you pay for home insurance depends on a number of factors related to risk.

Insurers analyze these risks, and figure out how likely it is that you – or a group of people with the same set of circumstances – will make a claim, and how much that claim will cost.

break-ins. The cost of home insurance, therefore, varies from neighbourhood to neighbourhood, from city to countryside, and is based on knowledge and experience.

These factors typically affect what you pay for home insurance:

» Proximity to water Insurers are concerned about fire, and will look at how far your home is from a source of water (fire hydrant, fire station). If you live in an urban area, this is generally not a problem. If you live in the country and the distance is great, however, this will influence the cost of your home insurance. The sooner a potential fire can be put out, the lower the cost of restoring your home.

» Where you live Insurers keep records about such items as the number, type and cost of claims by neighbourhood. They can tell from past experience what the circumstances are in your neighbourhood, and how likely it is that you will have to make a claim. For example, if you live in an area where most people commute to work and homes are left unoccupied during the day, the statistics may show your neighbourhood has more

» Replacement cost The factor that will make the biggest difference in the cost of your home insurance is simply the size and composition of your house – as well as your contents. The larger the home and the more contents you have, the more it will cost to replace. In addition to the square footage, insurers take into account such matters as the quality of construction used to build your house, as that can vary greatly from home to home. » Heating Not usually an issue with new homes, oil tanks have the potential for causing costly environmental hazards, so your insurance representative will ask questions about the age and condition of your tank. There is far less risk with forced-air gas furnaces or electric heat, so you may pay more for your home insurance if your home is heated by oil. ...continued on pg 32 jun 14 - JUl 12, 2014 | New home & Condo guide eastern Ontario 31

//insurance needs & options...continued

» Electricity There are several factors concerning electricity. Do you have breakers or fuses? What is the flow of electricity coming into your house? And what kind of wiring do you have?

Insurers know from experience that breakers pose less risk than fuses, and that a minimum of 100-amp service is better than a lower level of service, as a lower amp can lead to overloading and fire. » Pipes Galvanized or lead piping usually means that the plumbing is older, and older plumbing is more likely to crack, leak or run into other problems. Insurance companies generally prefer homes where the plumbing is made of copper or plastic. » Age of roof Not usually an issue with new homes, insurers generally prefer a roof that has been updated within the last 20 years. Some policies will pay only depreciated values, as low as 25 per cent of the replacement cost, for damaged roofs that are near the end of their designated service life. » Other uses of your home Insurers will want to know if you have built or are planning to build a secondary rental suite in your home; begin operating a business there; or make any other significant alterations to the structure or the way your home is used. » Other factors Insurers will ask if you have a security alarm and a fire alarm, and whether they are monitored by an outside service. They will also want to know if you have a swimming pool and other structures on your property, such as pool houses or storage sheds, that are worth more than 10 per cent of the insured value of your home.

Insurers analyze these risks, and figure out how likely it is that you – or a group of people with the same set of circumstances – will make a claim, and how much that claim will cost.

32 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

» Basic or full coverage Once all of the above is taken into consideration, you can choose the types of coverage you’d like – which will also influence the cost you pay. While there are government regulations dictating how much insurance drivers must have, there are no such laws when it comes to home insurance. The only requirement may be one set by your bank or mortgage holder.

From there, it’s up to you to decide whether you prefer basic or more comprehensive coverage. And this is something your independent insurance representative can help you with.

The following factors typically do not affect what you pay for home insurance:

» Gas versus electric appliances The types of appliances in your home do not affect the cost of your home insurance.

» Brick exterior versus aluminum siding Most insurance companies do not use type of construction as a rating factor when calculating home insurance premiums. However, construction type is used when calculating the building replacement cost (what it would cost to rebuild the dwelling with materials of like kind and quality, if it were destroyed).

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//COMMUNITY PROFILE

MONARCH FIRST

with the perfect community for you!

M

onarch has the perfect community for everyone. Whether you are buying your very first home, moving up to a larger home or downsizing to a smaller one, there is something for everyone!

The needs of new-home buyers are particularly important to Monarch. The company is committed to helping first-timers make an investment in their future.

After all, a home is usually the largest investment anyone ever makes. That’s why we are committed to being there for families, to provide information and helpful guidance every step of the way.

All of Monarch’s communities have valuable incentives to help new buyers with the purchase of their first home. But aside from the financial incentives each community provides, Monarch offers a New Home Buyers Seminar as part of its Summer Seminar Series. Topics include financing your home, interior decorating ideas and gardening tips. For more information on our Summer Seminar Series, email info@monarchgroup.net or call 1.800.268.3389 and ask for Jen at extension 3584.

34 NEW HOME & CONDO GUIDE EASTERN ONTARIO | JUN 14 - JUL 12, 2014

MONARCH | Multi-Site

There are three Monarch communities in the Ottawa area that feature exceptional homes for first-time buyers.

LONGFIELDS COURTYARD Located in the popular Barrhaven community, Longfields offers semis and townhomes from the affordable low $300,000s. These homes feature up to 2,251 sq. ft. with finished recreation room. Plus double car garages, impressive brick exteriors with exquisite architectural detailing, lots of windows and natural light, charming courtyards, gas fireplaces, nine-ft. ceilings on the main level and gourmet kitchens with breakfast bars. The community is located close to schools and parks and all of the conveniences.

Take advantage of summer savings with a Limited Time Bonus on select inventory homes. $5,000 off purchase price, PLUS $5,000 Design Studio Dollars, PLUS Hardwood on the main level PLUS 4 stainless steel appliances.

See sales for complete details.

BLACKSTONE This beautiful neighbourhood in Kanata offers parks, playgrounds, tranquil ponds and pathways and is just steps to great hiking and the Trans Canada Trail. Monarch’s collection of townhomes features elegant brick exteriors and spacious floorplans up to 2,402 sq. ft., including a finished family room in lower level.

STONEBRIDGE Monarch offers a collection of stunning townhomes in its award-winning golf course community of Stonebridge in Nepean. This is the last chance to own in this coveted, established community. Spacious townhomes up to 2,182 sq. ft. with finished space in lower level.

Presently, home buyers can take advantage of our incredible incentives on select inventory townhomes.

Right now, Monarch’s feature townhome is The National End which includes the following bonus package.

$10,000 off purchase price, PLUS $5,000 Design Studio Dollars PLUS Main level hardwood, PLUS Air conditioning.

See sales for complete details.

$7,500 off purchase price PLUS $5,000 Design Studio Dollars PLUS Main level hardwood PLUS Air conditioning.

See sales for complete details.

LOCATION Kanata

LOCATION Nepean

HOUSING TYPE Townhomes from the upper $200,000s

HOUSING TYPE Townhomes from the low $300,000s

LOCATION Barrhaven

SALES CENTRE 110 Westphalian Ave.

HOUSING TYPE Townhomes from the low $300,000s

CONTACT 613.831.2619

SALES CENTRE 610 Kilbirnie Dr. (Kilbirnie Drive & Dundonald Drive)

SALES CENTRE 280 Longfields Dr. (Longfields Drive & Beatrice Drive) CONTACT 613.569.5313

CONTACT 613.692.9284

First-Time Buyer Seminar and Summer Seminar Series, call Jen at 1.800.268.3389 ext. 3584 for more details.

Each of these communities have model homes to tour. For first-time buyers looking for the right home to invest in, visit Monarch first. Contact these communities soon!

JUN 14 - JUL 12, 2014 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 35

homebuyers’help

Calculate your mortgage payments interest rate

amortization period

chart figure

example: 5%

25 years

5.82

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

125

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

01

05

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

Multiply this figure by the amount you need to borrow.

Divide by 1,000.

02

06

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

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

03

07

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

04

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

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

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

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

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

36 New home & Condo guide eastern Ontario | jun 14 - jul 12, 2014

monthly payment

$

Mortgage payment calculation chart %

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40

6.25%

11.19

8.53

7.26

6.55

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45

9.50%

12.84

10.33

9.20

8.62

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75%

14.59

12.28

11.31

10.85

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 jun 14 - jul 12, 2014 | New home & Condo guide eastern Ontario 37

ottawa

HOt SHEET ashcroft Homes

Central Park • the next Live where downtown spirit meets community character, your prime location is your pathway to the best of Ottawa, and bountiful greenspace blends naturally. The Next brings it all together – smart condo living at the heart of Central Park. Starting at mid $200’s. Register now for VIP pricing at benext.ca Westboro • QWesT A stroll under the arches and along Sisters’ Walk will be enough to convince you of how greenspaces and good design make life beautiful at Q West. The Q West team’s inspired vision both preserves and enhances this landmark property. Just released, second floor terrace suites! Visit our model suite located at the corner of Richmond Rd. and Leighton Terrace in Westboro or call 613.221.5926. liveqwest.com

CAMPANALE HOMES

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

Campanale Homes presents the centrepiece of its Longfield’s Station project, a four-story luxury condominium with one- and two-bedroom units. Visit the presentation centre, located in the model homes at 420 Via Verona Ave. Phone 613.440.3570 or visit the website for floorplans and more information at campanale.com

BARRHAVEN • LONGFIELDS STATION • TOWNHOMES • AND MORE

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

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

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

This award-winning community features magnificent executive singlefamily homes, surrounded by more than 50 acres of greenspace and park bordering the Rideau River. Only a few lots remain. Call 613.440.3750 for more information or visit campanale.com ARNPRIOR • CALLAHAN ESTATES Just west of the scenic Madawaska River in old world Arnprior, this stunning location offers the best of both worlds. Enjoy the timeless charms of smaller town living while being a scant 20 minutes from major urban amenities in neighboring Kanata and Ottawa. Starting as low as $221,900.

Visit the sales centre located at 2 Tom Gavinski, Arnprior, open Monday to Thursday 11 a.m. to 7 p.m., Saturday, Sunday and holidays noon to 5 p.m. Call 613.622.0033 or visit campanale.com

CARDEL HOMES

Barrhaven • LONGFIELDS • Singles • Townhomes Longfields in Barrhaven – Cardel’s Courtyard Towns now available.

Longfields in Barrhaven – Cardel’s affordable patio towns now launched.

Longfields in Barrhaven – Cardel’s Rear lane singles just released. Visit the sales centre at 100 Longfields Dr. or contact nick.karrandjas@cardelhomes.com, 613.290.4703 or cardelhomes.com

kanata • kol at blackstone • condos Great for those starting out or move out, move down clients. Heated underground parking, elevators to all floors, nine-ft. ceilings, appliances all included. Affordable family oriented development of Blackstone has a product for every lifestyle. Visit the sales centre at 104 Westphalian Ave., Kanata (South of Hazeldean on Terry Fox) or contact harley.wallin@cardelhomes.com, 613.836.9521 or cardelhomes.com

Carleton Place • Stonewater Bay New model opening soon. Cardel’s Denali model situated on the banks of the Mississippi River is expected to open in April 2014. Come visit the award-winning community of Stonewater Bay, Carleton Place. Now 95 per cent sold. Don’t miss your opportunity to live in this great community.

Contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com

Carleton Place • Miller’s Crossing Register for future information. Cardel is developing a new site in Carleton Place called Miller’s Crossing. Visit cardelhomes.com to register for upcoming information or contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com Notting Hill South • Orleans • condos Panmount II Condos – New Models Just opened. Immediate occupancy; $5,000 down, underground parking, six appliances, storage, elevator to all floors. Low maintenance and much more. Visit the sales centre at 141 Potts Private Orleans, off Trim Road, south of Innes. Contact nick.karrandjas@cardelhomes.com, 613.424.6780, cardelhomes.com 38 New home & Condo guide eastern Ontario | jun 14 - jul 12, 2014

Richardson Ridge Kanata Limited number of new lots just released. Visit this spectacular community and see first hand why you will fall in love with the Ridge! Cardel’s Magnificent models will want to make you take off your shoes and move right in. A limited amount of new lots have just been released. Visit the sales centre at 290 Huntsville Dr., Kanata North on Terry Fox or contact dale.laurie@cardelhomes.com, 613.435.5706 or visit cardelhomes.com Ridgewood Estates • Stittsville Two- and three-acre estate lots now available. Buy the lot and build your own home or have Cardel design and build the home of your dreams.

Located west of Stittsville on Fernbank Rd. Lots now available for sales. Contact bill.waters@cardelhomes.com or at 613.444.0440 or visit cardelhomes.com Towns of Blackstone • Kanata Just released, newest townhome product. These newly designed towns are meant for those who want space, luxury and distinction. Models are now under construction. Some great early signing bonuses. Visit the sales centre at 104 Westphalian Ave., Kanata (South of Hazeldean on Terry Fox) or contact harley.wallin@cardelhomes.com 613.836.9521, cardelhomes.com

DOMICILE

BEECHWOOD VILLAGE • The Kavanaugh The Kavanaugh offers village life in the city: quaint but with cachet – and just minutes from Parliament Hill. Famed bistros and bakeries line a streetscape surrounded by greenspaces, bike paths and landmarks.

613.897.7873. thekavanaugh.ca

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

by Domicile. This Barry Hobin design, situated in the heart of Little Italy, will offer unrivalled options for customization and personalization, allowing you to create a home that is truly yours. 613.728.7873. nuovocondo.ca ORLEANS • BERGERON TERRACE Introducing Bergeron Terrace, set in Chapel Hill. Beautifully designed, quality built and affordably priced one-, two and three-bedroom terrace homes and urban flats. Conveniently located at the corner of Meadowglen and Orleans Blvd., Bergeron Terrace offers you all the best that Domicile has to offer. 613.223.5803. bergeronterrace.ca Ottawa • HŌm Introducing HŌM, nestled beside Ottawa’s Little Italy and Dow’s Lake.

Everything’s within reach – including the price.

613.728.7873. domicile.ca wellington west • ONE3ONE one3one is at the centre of the urban, tasteful and cultural Wellington West. All units with access to a rooftop terrace, rear courtyard, guest suite, fitness room, yoga room and a party room/entertainment room.

Pre-register online or call 613.728.7873. domicile .ca

LEMAY HOMES

Ottawa South • FINDLAY BY THE PARK New community offering singles, bungalows and townhomes. Just a few steps to greenspace, park, recreational arena and soccer fields. Quick access to shops, restaurants and services. Starting from $316,900. Limited time bonus offer. 613.425.5255. lemayhomes.ca

LONGWOOD

KANATA • DEEVY’S HOMESTEAD Model home now open! Adult lifestyle attached bungalow townhomes on Equestrian Drive in Kanata. Sales office on site. deevyshomestead.com or email salesdeevys@longwoodbuilders.com Call 613.435.2155 for more information.

HUNT CLUB • NEIGHBOURHOODS OF HUNT CLUB New adult lifestyle attached bungalow community in Hunt Club. New decorated model home and sales office on site at 204 Pondview Cres. neighbourhoodsofhuntclub.com d.greene@longwoodbuilders.com or call 613.738.1349 for information.

CENTRAL OTTAWA • SONIA BY THE RIDEAU New 70 unit condominium building in Central Ottawa. Sales office with decorated model suite with unique European Extenzo ceiling. soniacondos.com E-mail salessonia@longwoodbuilders.com or call 613.421.9736.

OTTAWA SOUTH • MONTAGE Fully built 36-unit condominium building in Ottawa South. Two model suites open. Move in now! Only six suites remain. Located at corner of Clementine and Ohio off bank south of Billings Bridge. montagecondos.ca Call 613.897.0044 or d.greene@longwoodbuilders.com ORLEANS • DORIMA TERRACE HOMES Models now open! Perfect for the first-time buyer or investor. Terrace homes off Innes at 10th line. For more information dorima.ca or 613.424.2901 or d.mcfee@longwoodbuilders.com

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

Ottawa / Eastern Ontario / Gatineau Regions ORLEANS • MONDAVI COURT • TOWNS AND SEMIS Now open – off Trim Road just north of Innes. 24 Townhomes and semidetached towns. Selling from Dorima Sales Office – Innes at Dorima.

Register mondavicourt.ca

ROCKLAND • MORRIS VILLAGE Best value single-family homes and bungalows. Perfect for growing families. Decorated model home and sales office. For more information longwoodbuilders.com/morrisvillage or 613.446.1506 or salesmorris@longwoodbuilders.com RICHMOND • RICHMOND GATE New! Just opened! Bungalow semis in the town of Richmond.

Sales office on site. longwoodbuilders.com/RichmondGate or salesrichmond@longwoodbuilders.com 613.444.0494

Phoenix Homes

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

SPRINGCRESS

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

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

MASTERCRAFT STARWOOD

WEST CENTRAL • SOHO CHAMPAGNE Mastercraft Starwood’s SoHo Luxury Condominiums is pleased to announce its third Ottawa location: SoHo Champagne – just one block west of Preston St. in Little Italy. Register today to get an invite to our spring sales launch. sohochampagne.com Ottawa • SOHO LISGAR New release of suites on the 12th to 15th floors. the ultimate hotel-inspired lifestyle in a designer condominium, in the heart of downtown. Call 613.798.7646. soholisgar.com

Metric Homes

Carp • Westlake South Estates Westlake Estates offers 22 estate lots on two to four acres on a private cul-de-sac and most lots are tree-covered.

Mustang Rd • NAVAN Metric Homes’ last country estate lot in the East: beautiful fully treed and private 1/2 acre lot available to build your unique custom designed single family home. Meet the Metric team and let them design your new home at no charge to you. stittsville • deer run Metric introduces the Maplewood 1 model to its Deer Run community lineup. At 3,200 sq. ft. plus open space, this home features a open loft at the second floor, circular staircase and walk in closet in most bedrooms.

Visit the sales office on Rockson Crescent Saturdays and Sundays between noon and 5 p.m. or call 613.296.7000. Deer Run model home now open. metrichomes.com WESTBORO 529 Broadhead Ave. two custom designed semi-detached homes on a 168-ft. deep infill lot. Innovative street friendly and appealing design. Two proposed concepts. The first purchaser will decide which concept will be built and will customize its new home. Priced in the $700,000s.

Minto

THE GLEBE • MINTO@LANSDOWNE Make your home in one of Ottawa’s premier neighbourhoods – the Glebe. Enjoy the best of modern living in harmony with historic surroundings, with all life’s essentials right at your doorstep. Move in as early as 2014. 613.788.2784. lansdowne.minto.com

Minto/Canderel

Westboro • UpperWest A 25-storey landmark address in the heart of Westboro – just steps from upscale dining and shopping. Choose from stunning open concept suite designs, with sun drenched rooms and spectacular interior finishes. Enjoy state-of-the-art fitness centre, entertainment lounge plus an expansive outdoor terrace. 613.788.2786. liveupperwest.com NEW EDINBURGH • MINTOBEECHWOOD New Edinburgh is one of Ottawa’s finest neighbourhoods. Where tradition meets modern, old meets new, home to eclectic shops and restaurants.

Spectacular new condominiums coming this September available from the mid $200,000s. Register now for priority preview: mintobeechwood.com

MONARCH CORP

Monarch Summer Seminar Series June 21st, 2014 Email info@monarchgroup.net or call 1.800.268.3389 and ask for Jen at extension 3584.

Kanata • Blackstone Executive 46-ft. singles from $441,990. Two-storey townhomes from the high $200,000s. 32-ft. singles with double car garages from the high $300,000s. 110 Westphalian Ave., Kanata, 613.831.2619. Register at monarchgroup.net Barrhaven • Longfields Courtyard townhomes with double car garages from the low $300,000s.

Semi-detached homes with double car garages from the high $300,000s.

280 Longfields Dr., Nepean, 613.569.5313.

Nepean • Stonebridge Ottawa’s award-winning golf course community. Luxurious singles from the mid $400,000s. Executive townhomes from high $200,000s.

Stacked townhomes from the low $200,000s. 610 Kilbirnie Dr., Nepean.

613.692.9280. monarchgroup.net

Tamarack Homes

Leitrum • Findlay Creek Grand opening! Five new decorated townhome models in Findlay Creek Village. Call 613.247.0081 or visit tamarackhomes.com Orleans • Chaparal Grand opening, new gallery townhomes from $279,900 Call 613.837.1511 or visit tamarackhomes.com Ottawa • Cardinal Creek Village Grand Opening! Cardinal Creek Village. Discover a land rich in heritage and lush with vistas... a rolling landscape of walking trails and rugged ravines. Where the views of distant hills and nearby waterways frame each day, Discover Cardinal Creek Village, Ottawa’s next great community. Singles, bungalow and townhomes. Contact: Noella Francoeur at nfrancoeur@tamarackhomes.com Joy Kerr at jkerr@tamarackhomes.com 613.573.8228. Sales Centre 1123 Old Montreal Rd. Visit tamarackhomes.com Ottawa • Tamarack Wellington Grand Opening! Tamarack Wellington. Historic industrial meets artistic modern in the heart of Ottawa’s hippest neighbourhood. Steps from an eclectic mix of galleries, boutiques and eateries, Tamarack Wellington’s design pays homage to the history of Hintonburg, for an industrial loft look that’s crisp, urban, and unabashedly modern.

52 units over 6 floors in first phase. Designed by Barry J. Hobin Architects. Next to the old Grace Hospital. Contact: Anna Paquette at apaquette@tamarackhomes.com 613.422.5925. Sales Centre 1140 Wellington St W, Ottawa, ON, K1Y 2C5. Visit tamarackhomes.com

Uniform Urban Developments

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

Single-family homes starting from $519,000. 3699 Jockvale Rd. uniformdevelopments.com

Manotick • Maple Creek Estates Stunning estate lot community with a close connection to the city – the best of both worlds. Two model homes open for viewing.

Call 613.491.2277.

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

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

Hours: Monday to Thursday noon to 7 p.m., Friday to Sunday noon to 5 p.m., holidays noon to 5 p.m.

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

valecraft Homes

Mer Bleue/Orléans • bradley estates New release of single-family homes and executive townhomes. New to Bradley Estates: nine redesigned models with full-brick fronts and stone skirts. valecraft.com

jun 14 - jul 12, 2014 | New home & Condo guide eastern Ontario 39

Builder Name

Site Name

Prices

De t

Location

ac Se hed m Bu i ng al To wn ow ho Ad me/ C ul t L o nd ife o sty le

advertisers index

Page

WEST Arnprior

Campanale

Callahan

x

x

Inquire

17

Arnprior

Campanale

Riverwood Estates

x

x

Inquire

17

Carleton Place

Cardel

Stonewater Bay

Inquire

19

Carp

Metric

Westlake South Estate

x

Inquire

18

Kanata

Cardel

Richardson Ridge

Inquire

19

Kanata

Glenview

Monahan Landing

x

x

From $280's

27

Kanata

Mattamy

Fairwinds

x

x

From $224,990

6,7

Kanata

Mattamy

Monahan Landing

x

From $224,990

6, 7

Kanata

Minto

Arcadia

x

x

Inquire

3,11

Kanata

Monarch

Blackstone

x

Inquire

4,5

Kanata

Phoenix

Fernbank Crossing

x

From $383,400

Kanata

Uniform Developments

Richardson Ridge

Kanata

Uniform Developments

The Orchard

Kanata

Valecraft

Trailwest

Kanata

cardel

Stittsville

Metric

Stittsville

x

x

x x

21

Inquire

8, 9

Inquire

8, 9

From $299,400

22

Blackstone

Inquire

19

Arbourbrook Estates

x

inquire

18

Tamarack

Jackson Trails

x

Inquire

BC

Stittsville

cardel

Deer Run

x

Inquire

19

westboro

Springcress

Ravenhill Common

From $599,400

23

x

SOUTH Barrhaven

Cardel

Longfields

Barrhaven

Claridge Homes

West Pointe Village

x

Barrhaven

Mattamy

Half Moon Bay

x

Barrhaven

Monarch

Longfields

x

Barrhaven

Phoenix

Sawgrass

Barrhaven

Tamarack

The Meadows

Barrhaven

Valecraft

Woodroffe Lofts

Leitrim

Lemay Homes

Findlay by the Park

x

Leitrim

Tamarack

Findlay Creek

x

Nepean

Monarch

Stonebridge

x

Nepean

Monarch

The Links

Richmond

Metric

King's Grant

South Ottawa

Campanale

Longfields

South Ottawa

Campanale

South Ottawa

HN Homes

40 New home & Condo guide eastern Ontario | jun 14 - jul 12, 2014

x

x

Inquire

x

From $281,900

10, 11

$219,990

6, 7

x

From $329,990

4, 5

x

From $285,900

21

x

Inquire

BC

x

From $258,900

22

x

From $316,900

29

Inquire

BC

x

Inquire

4, 5

x

Low $200's

4, 5

x

Inquire

18

x

Inquire

17

Prince of Wales on the Rideau

x

Inquire

17

Bridlewood

x

Inquire

16

x

x

x

x

x

19

x

x

x

x

Builder Name

Site Name

Prices

De t

Location

ac Se hed m Bu i ng al To wn ow ho Ad me/ C ul t L o nd ife o sty le

advertisers index

Page

Central Central

Ashcroft

The Next

x

Inquire

Central

Valecraft

Aviation Private

x

From $299,900

IBC 22

EAST Cumberland

Metric

Camelot Estates

x

Inquire

20

Embrun

Valecraft

Place St Thomas

x

From $303,900

22

Navan

Claridge

Spring Valley Trails

x

x

From $276,900

10, 11

Orleans

Metric

Notting Hill

x

x

Inquire

20

Orleans

Minto

Avalon

x

Inquire

IFC

Orleans

Tamarack

Chaperal

x

x

Inquire

BC

Orleans

Valecraft

Bradley Estates

x

From $301,900

22

x

x

x

x

x

CONDO Barrhaven

Valecraft

Woodroffe Lofts

x

From $258,900

C25

Central

Claridge Homes

Icon

x

Inquire

C11

Central

Domicile

Nuovo

x

Inquire

C13

Central

Domicile

The Kavanaugh

x

Inquire

C5

Central

Samcon Ltd

Summerhill

x

From low $300's

C31

Central

Soho Parkway

Soho Champagne

x

Inquire

C17

Central

Soho Parkway

Soho Lisgar

x

Inquire

C10

Central

Theberge Homes

Alta Vista Ridge

x

Inquire

C14

Central

Valecraft

Avaition

x

From $299,900

C25

Downtown

Broccolini Construction

The Slater

x

From $198,900

C32

Downtown

Urban Capital

Hideaway

x

From $219,900

C9

Gatineau

Le Group Heafy

The VIU

x

Inquire

C29

Gatineau

Olivex

Corp

x

From $275,000

C26

Kanata

cardel

Kol At Blackstone

x

Inquire

C2

Orleans

Cardel

Notting Hill

x

From $249,900

C2

Orleans

Domicile

Bergeron

x

Inquire

C12

Ottawa Central

Longwood

Sonia

x

Inquire

C4

Ottawa Central

Minto

Beechwood

x

Inquire

C16

Ottawa Central

Minto

Landsdowne

x

Inquire

C17

Ottawa Central

Richcraft

The Galleria

x

Inquire

C15

South Ottawa

Linden Developments

Distillery Warehouse

x

From $238,000

C18

South Ottawa

Theberge Homes

Hunt Club

x

Inquire

C28

West Ottawa

Qualicum

Woods Crossing

x

Inquire

C8

West Ottawa

Westboro Point Development

The Azure

x

From $280,000

C3

jun 14 - jul 12, 2014 | New home & Condo guide eastern Ontario 41

Please see advertisers ads for Site locations

42 New home & Condo guide eastern Ontario | jun 14 - Jul 12, 2014

7

Darling

17

almonte

west

15

north Gower

richmond

south

29

416

manotick

16

Vernon

Russell

embrun

Iroquois

Morrisburg

31

east

rockland

Morewood

Cardinal

osgoode

greely

Kemptville

Nepean

smith Falls Merrickville

7

Vanier

Cumberland

orleans

CeNtraL gloucester

ottawa

hull

aylmer

gatineau

stittsville Barrhaven

Kanata

Carp

South Elmsley

Carleton Place

Bathurst

Mcnab

arnprior

gatiNeau

QueBeC

417

Casselman

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

401

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

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West and

the excitement.

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

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

the new you.

ashcroft-homes.com benext.ca

613-221-5913

SALES CENTRE: 300 Central Park Drive

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