Eastern Ontario New Home & Condo Guide - Jun 11, 2016

JUNE 11 - JULY 9, 2016 VOLUME 16, ISSUE 12, FREE (4 WEEK ISSUE)

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EASTERN ONTARIO EDITION

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YOU’VE IMAGINED YOUR DREAM HOME and now it’s here..

INSIDE THIS ISSUE

TRACKING NEW-HOME BUYERS WANTS AND NEEDS

5 INTERIOR DESIGN SECRETS FOR YOUR NEW HOME

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spotlight on condos

REASONS TO TEACH YOUR KIDS ABOUT REAL ESTATE

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mintoquinnspointe.com

GROWING FAST Join over 200 homeowners in Barrhaven’s premier community

Found the home design you like?

Take a tour of one of our fully decorated Show Homes in Avalon Encore, OrlĂŠans and Arcadia, Kanata

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

Register for premium lot selections and incentive offers mintoquinnspointe.com

THE GEORGIAN – 2,339 sq. ft.

SINGLE FAMILY HOMES FROM

$319,900

THE KINGHURST – 1,785 sq. ft.

TOWNHOMES FROM

$231,900

Quinn’s Pointe, Barrhaven is alive this summer with brand new designs for Single Family Homes and Townhomes.

Our community – located at Kilbirnie and Greenbank – is growing and we’d love you to be a part of it.

Call or visit our Quinn’s Pointe Sales Centre today

SALES CENTRE:

HOURS:

4005 Strandherd Drive

Monday - Thursday: 12pm to 8pm

Nepean ON, K2J 6E1

Friday: 12pm to 6pm

613-823-1900

Weekends & Holidays: 11am to 6pm

quinnspointesales@minto.com

TRADITIONS II INVITES WITH ELEGANCE & EXTRAS

STITTSVILLE Townhomes

From 299,990 $

Detached Homes

From 434,990 $

SALES CENTRE 1879 Stittsville Main Street • (613) 435-7171

ELEV. ‘A’

TOWNHOME, THE NEW EDINBURGH ‘A’ 1,884 SQ.FT. $299,990 INCLUDES: 3 STAINLESS STEEL APPLIANCES, BATH OASIS, FINISHED REC. ROOM IN BASEMENT & $25,000 AT DESIGN STUDIO

SALES CENTRE HOURS

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

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

The Lily Model Home in Monahan Landing, Kanata

Save Up To $25,000 In Design Studio Credits Plus Many Included Home Features Proud Partner of the Canadian National Track Cycling Team

38' HOME, THE MADISON ‘A’ 2,027 SQ.FT. $434,990 INCLUDES: LOOKOUT CONDITION & $25,000 AT DESIGN STUDIO

38' HOME, THE CHELSEA ‘A’ 2,429 SQ.FT. $454,990

38' HOME, THE SOHO ‘A’ 2,816 SQ.FT. $474,990

INCLUDES: LOOKOUT CONDITION & $25,000 AT DESIGN STUDIO

INCLUDES: LOOKOUT CONDITION & $25,000 AT DESIGN STUDIO

MATTAMYHOMES.COM

Iconic Homes and Communities METICULOUS SITE SELECTION

CLASSIC, TIMELESS, WITH A TOUCH OF MODERN

UNIQUE, ARCHITECT DESIGNED HOMES

BOUTIQUE APPROACH TO HOMEBUILDING

BEAUTIFUL NEW HOMES IN KANATA

ELEGANT NEW HOMES IN STONEBRIDGE

STUNNING ESTATE LOTS IN MANOTICK

ROCKCLIFFE

Wateridge Village is a new community minutes from downtown overlooking the Ottawa River.

It celebrates both the legacy of the former Canadian Forces Rockcliffe Lands and the brilliance of modern urban design. Building on its reputation for quality craftsmanship and design excellence, Uniform will offer an inspiring collection of single-family and semi-detached homes, designed by Barry J. Hobin.

NEW LANDMARK COMMUNITY – COMING SOON! SINGLE-FAMILY AND SEMI-DETACHED HOMES AVAILABLE

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Trending

Where does Ottawa place in the Worst Roads rankings?

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WAY TO GO TORONTO — for the first time in the history of CAA’s Worst Roads in Ontario campaign, your roads are not among the top five.

The distinction of the top spot in 2016 belongs to County Road 49 in Prince Edward County, bumping last year’s winner Algonquin Boulevard West in Timmins to second place.

But don’t get too excited, GTA and Hamilton — three of the top 10 roads are from the Greater Toronto and Hamilton Area. Dufferin Street in Toronto, which held the number one position on the provincial list for several years, has continued its descent on the top 10 list, falling to number nine this year.

“The results of CAA’s Worst Roads campaign show that more dedicated funds are needed from existing sources to address our growing infrastructure challenges,” says Raymond Chan, government relations specialist, CAA South Central Ontario (CAA SCO). “With a record number of roads from across Ontario nominated this year, the results highlight the growing need for infrastructure investment and prioritization in communities across the province.”

8 YPNEXTHOME.CA

“This year’s Worst Roads campaign once again solidified that although much work has been done across the province to maintain and repair Ontario’s roads, greater investments are needed to tackle the staggering municipal infrastructure deficit in Ontario,” adds Geoff Wilkinson, executive director of the Ontario Road Builders’ Association. “An efficient transportation system is essential for a vibrant economy and good quality of life — connecting our communities and enabling businesses to get their goods to market.”

WORST ROADS BY REGION

ONTARIO’S TOP 10 WORST ROADS, 2016

HAMILTON

1. County Road 49, Prince Edward County 2. Algonquin Boulevard West, Timmins 3. Balmoral Street, Thunder Bay 4. Algonquin Boulevard East, Timmins 5. Queenston Street, St. Catharines 6. Burlington Street, Hamilton 7. Lorne Street, Sudbury 8. Bayview Avenue, Toronto 9. Dufferin Street, Toronto 10. Riverside Drive, Timmins; Water Street, Thunder Bay (tied for 10th)

OTTAWA

1. Carling Avenue 2. St. Joseph Boulevard 3. Renaud Street 4. Main Street 5. Hunt Club Road TORONTO

1. Bayview Avenue 2. Dufferin Street 3. Lawrence Avenue East 4. Markham Road 5. Scarlett Road

1. Burlington Street East 2. Governors Road 3. Barton Street East 4. Main Street 5. Parkdale Avenue North KITCHENER-WATERLOO/ GUELPH

1. Franklin Boulevard, Cambridge 2. Radical Road, Port Dover 3. Bridge Street West, Waterloo 4. Gibbons Street, Goderich 5. York Road, Guelph

AN EXCEPTIONAL TOWNHOME OPPORTUNITY

NOW OPEN IN KANATA

NOW OPEN

*Based on mortgage amount of $224,990 amortized at 2.5% over 25 years paid in bi-weekly payments, plus $49.85 monthly maintenance fee. Mortgage lending rates and amounts may vary and subject to change without notice. Certain conditions apply. See mortgage lender for details. Prices, sizes and specifications are subject to change without notice. Rendering is artists concept. E.&O.E.

TOWNS

487

$

FROM ONLY

BI-WEEKLY!

S

Design your dream home Purchase a new Claridge home today and receive up to $10,000 in Design Center Dollars!*

Put your Design Centre Dollars to use Claridge is pleased to announce the launch of its new redesigned line of single-family homes across the city. In addition to a variety of luxurious features included with your new home, Claridge is giving you up to an additional $10,000* to spend at our design centre so you can design your home your way!

Combining top locations and exceptional value, we deliver the lifestyle you want, at a price you can afford.

View our new models Our newest set of 7 fully decorated single family model homes is available for viewing across the city today. Visit us at West Pointe Village (500 Peerless Street, Barrhaven), Summerhill (591 Summerhill St., Riverside South) and Spring Valley Trails (160 Esterbrook Drive, Navan).

*$10,000 design centre bonus on all singles and $3,000 on townhomes (new builds only)

Move in ready homes This summer Claridge Homes is kicking off the new season and the anniversary of our 30th year with our best offers yet. 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 16 weeks, we have homes big and small that will fit your unique lifestyle.

HELSINKI II B (Findlay Creek)

HORIZON (Riverside South)

Immediate Availability 2650 SQ FT Single Home (Lot 148) Over $45K in upgrades $529,900 Now $519,900

Available in 16 weeks 1985 SQ FT Townhome (Block 30 Unit 69) $3K Design Centre Bonus Only $335,900

TRILLIUM 3 BED (Barrhaven)

NEW LOTUS II (Orleans)

Available Jun 2205 SQ FT Townhome (Block 12 Unit 62) $3K Design Centre Bonus Only $342,900

Immediate Availability 1135 SQ FT Zen Urban Flat (Block A Level 1 Unit 7) Over $10K in upgrades $214,900 Now $204,900

QUEENSBY IV (Navan)

UNITY (Kanata)

Immediate Availability 1705 SQ FT Townhome (Block 36 Unit 189) Over $60K in upgrades $363,900 Now $339,900

Immediate Availability 1875 SQ FT Townhome (Block 10 Unit 53) Over $30K in upgrades $394,900 Now $388,900

THE MAJOR’S HILL (Hunt Club)

THE BREWER (Hunt Club)

Immediate Availability 1195 SQ FT 2 Bed Condo Flat (Block B Unit 103) Only $316,900

Immediate Availability 940 SQ FT 2 Bed Condo Flat (Block B Unit 101) Only $260,900

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

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contents JUNE 11 - JULY 9, 2016 | VOLUME 16 ISSUE 12

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Moe Lalani SALES MANAGER, EASTERN ONTARIO

Paul Bimm EDITOR

Wayne Karl

C06 ON THE COVER

22

EQ Homes

Clarence Crossing’s Grand Opening!

Condo Insert | C01-C20

Spotlight on Condos

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

014 Editor’s Note 028 Mortgage Rates 030 Hot Properties 032 Advertisers Index

008 Worst Road Rankings Where does Ottawa rank in Ontario’s Worst Roads?

026 Homebuying

Reasons to teach our kids about real estate sooner

129 Main Street – Ottawa’s authentic boutique condo

022 EQ Homes

Clarence Crossing’s Grand Opening!

Sonia Bell, Sara Duck (on leave), Elisa Krovblit, Jackie Marchildon, Lydia McNutt (on leave)

SALES CO-ORDINATOR, EASTERN ONTARIO

Sarah Khan

NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION MANAGER

advice

PRODUCTION CO-ORDINATOR

C12 GOHBA Report

GRAPHIC DESIGNERS

Dennis Ng

Tracking new-home buyers’ wants and needs

Miguel Cea Mike Terentiev

by John Herbert

C16 Home Smarts

Choosing the home type that’s right for you

by Marnie Bennett

Preparing for June 30 – the busiest moving day of the year

by Chuck Resnick

029 Fundamentally Speaking How to avoid your own moving horror story

by Wayne Karl

+ online

property profile

C06 Warlyn Construction

CONTRIBUTING EDITORS

Helen Pearce

034 Neighbourhood Profile 035 What’s Online

Megan Pike

trending

024 Make Your Move in every issue

ART DIRECTOR

NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

PUBLISHED Saturdays, 2016 Publishing Schedule:

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

CIRCULATION Free distribution in select hightraffic street boxes, stores, banks, financial institutions and select condominium sales offices.

COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

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

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 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.

Editors’ Notes

Important considerations

SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge

What are the critical things to consider when choosing a location? There are so many personal variables it’s really up to you to decide. As an example, if it is just as important to you to be close to your children’s school as it is to your place of work, then look for a place that offers you the best of both worlds. If you own a car and want to use public transportation whenever possible to save on parking and gas costs, a mass-transit location may be a better option for you. If you’re a walker, close proximity to major amenities should be a definite consideration. Doing errands such as grocery shopping and banking on foot has many health benefits and gives you a chance to meet your neighbours and discover new places too.

Make a list of your priorities first, and then take the time to assess each location for its merits and weigh your options.

Let us know what those priorities are. We’d love to hear from you!

GLEBE-DOWS LAKE

MORE PHOTOS ONLINE ypnexthome.ca/glebe-dows-lake

Attention, class

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

+ get social 14 YPNEXTHOME.CA

For many Canadian families, financial literacy begins with a piggy bank, maybe a childhood allowance and perhaps a first bank account.

Some may continue the education with somewhat more serious lessons – such as reviewing monthly bank statements and explaining how interest works.

Moving into the teen years, many families likely entrust the more important matters of personal finance to our education system.

But there, we venture to say, they might well be disappointed.

David Chilton lamented that fact more than 25 years ago in his bestseller, The Wealthy Barber. How

much has changed and how well have things improved?

Based on a number of considerations, not so much. And as our story on page 48 discusses, when it comes to real estate in 2016, the lessons are more important than ever.

Indeed, our real estate has been a top performer for years, but the resulting costs of living for millennials and other young Canadians are skyrocketing, in some cases, prohibitively high.

More and more organizations – from governments to banks and even to investment firms – see the need and are offering programs for finanicial literacy for youth.

Interact with us on social media: ypnexthome

GRAND OPENING

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TOWNHOMES, BUNGALOWS & CONDOMINIUMS STARTING FROM THE

300s

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235 L’etang St., Clarence-Rockland, ON K4K 1T2 T: 613.862.0167 E: sales@clarencecrossing.com

CLARENCECROSSING.COM * Limited time offer. See Sales Representative for further details. Prices and specifications are subject to change without notice. E. & O.E. All renderings are Artist’s concept.

W in your

MORTGAGE PAYMENTS F O R A YEAR! CONTEST

This is an amazing time to purchase your Valecraft Home!

Celebrate Canada’s 150th birthday by us making your 2017 mortgage payments Visit

valecraft.com for details and discover the community that best suits your needs and lifestyle.

GATINEAU AVIATION PRIVATE

OTTAWA

ORLEANS

BRADLEY ESTATES

KANATA TRAILWEST STITTSVILLE

WOODROFFE LOFTS BARRHAVEN

PLACE ST. THOMAS EMBRUN

RATHWELL LANDING

Limited time offer. See sales consultant for details. Prices, terms and specifications are subject to change without notice. E & O.E.

JUNE 11 - JULY 9, 2016 VOLUME 16, ISSUE 12, FREE

EASTERN ONTARIO EDITION

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

visit us to discover ottawa’s new standard

spotlight on condos

Located in the renowned arts court district, steps to the Parliament Buildings and in the heart of the city’s most desirable Byward Market neighbourhood

C2

50% soLd saLes gaLLery 264 Rideau Street, Ottawa Monday to Thursday: 12 : 00 pm to 6 : 00 pm Weekends and holidays: 12:00 pm to 5:00 pm (closed on Fridays)

arthauscOnDOS.cOM 613.909.3223 SALES@ARThAUScOnDOS.cOM

© DevMcGill All rights reserved 2016. Specifications are subject to change without notice. Rendering is artist’s concept.

Exclusive Listing Brokerage: TradeUp Real Estate Inc., Brokerage. Brokers Protected. E. & O.E. 2016.

S L E OW D O NN M E OP Revision

OPPORTUNITY IS CROPPING UP IN ORLÉANS Just off the beaten path where a proud French-Canadian dairy farm

Studio

once stood, spacious 2-bedroom condominiums are being built. Indulge in maintenance-free living with refined finishes and timeless design. Destined

3143 Navan Road At the crossroads of Navan and Renaud, by the old red barn 613-807-0316 cremehomes.ca

a domicile community

C3

Ad Number

Visit our model suites today.

spotlight on condos

Final Trim

Final Live

Final Bleed

Insertion date

Material Deadline

to be the best of what a neighbourhood can be, it could only be… Crème.

C4

spotlight on condos

spotlight on condos

C5

Property Profile | WARLYN CONSTRUCTION

condo cover story

129 Main Street Ottawa’s only authentic boutique condominium residence Location

spotlight on condos

Old Ottawa East

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Builder

Warlyn Construction Development

129 Main St. Home Type

Condominiums Sales Centre

190 Lisgar St. Contact

Bennett Property Shop By appointment only 613.233.8606 129main.com

RENZO PIANO, the famous Italian architect, once said, “When you walk 25-30 feet above ground it is a miracle, because you are still in the city, but you are in the middle of trees, and that is a moment of beauty.”

This quote perfectly epitomizes the luxurious boutique condominium suites at 129 Main St. Only steps from the excitement of the city core, this building is still nestled amongst nature, providing homeowners with the ideal active lifestyle.

In today’s market, it is rare to find a boutique, gallery-style building with only 29 suites. This four-storey building is bespoke, contemporary and an authentic boutique condominium residence that offers a

one-of-a-kind living experience in the city. This signature collection of suites is limited and certainly won’t last long in today’s market. Main Street is undergoing expansive renovations which will add to the appeal of the area and will also increase your investment as the years go by. Only a few months ago, more than 50 homes sold on Main St for more than $1 million. You now have the opportunity to live in this prestigious neighbourhood for only $369,000.

If you could pick just one neighbourhood that embodies the vibe Ottawa is famous for it would be the neighbourhood of Old Ottawa East on Main St. This area holds the highest concentration of that eclectic

mix of mother nature’s parkland and water ways (the Rideau canal and Rideau river) coffeehouses, $1-million homes, dining, shopping and entertainment venues. These gleaming boutique, limited edition residences are located in the sweet spot of Old Ottawa East. French writer,

Antoine Saint Exupery, once said: “You know you have reached perfection of design when you have nothing more to take away.” 129 Main St. will add a new level of perfection to this area.

Your new home at 129 Main St. allows for a more active and enjoyable lifestyle. Turn on your step

tracker in the morning, head out along the tree covered paths to the Rideau Canal where you can take a leisurely stroll, train for your next big race, or even participate in the Sunday Bike Days. There is also plenty of grass for you to enjoy a picnic, or you can rent a kayak and explore the waterways. 129 Main St offers more than simply a place to live. With the low purchase price, you’re also gaining a new lifestyle.

The boutique building is only fourstoreys with commercial retailers on the main floor. Grab a morning coffee, hit up a local boutique – there will be so much for you to explore.

Looking for something more exciting?

You’re only minutes from Lansdowne and the Byward Market.

Buyers can choose from onebedroom, two-bedroom, and twobedroom with a den floorplans. All plans come with expansive outdoor living spaces that are equipped with gas outlets for barbecuing. You can also enjoy the views of the Rideau River and the Rideau Canal from the rooftop terrace. What better place to sit out and enjoy the Canada Day fireworks and festivities?

The suites are extremely wellappointed with quartz countertops in the kitchen, high end stainless steel appliances, European cabinetry, and hardwood flooring throughout.

Buyers can also choose from three stylish decor designer packages.

With underground parking, storage lockers, security systems, electric car plugins, a carwash and even a pet spa, you will have everything you need right at your fingertips. These limited edition designs won’t last long so don’t delay.

129 Main St. is exclusively marketed

by Bennett Property Shop Inc. in conjunction with Roderick Lahey Architects and Warlyn Construction.

These 29 suites will hit the market within the next couple of weeks. A product this unique is sure to sell fast.

Register today for VIP priority access and special pricing. This is your chance to buy an amazing one-, twoor 2.5-bedroom designer collection signature condominium.

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7

* E !

F Y V O DA OF M O 0 T 0 IN ,0 UP TO

2 6 $

spotlight on condos

DEVELOPER’S FINAL INVENTORY

C8

SPRING SALE JUST 30 24 SUITES REMAIN! SUITE

BEDROOMS

SQ.FT.

PRICED FROM

SPRING SALE

LOFT 14

STUDIO

433

$229,900

$206,910

LOFT 8

STUDIO

497

$264,900

$227,814

SOLD

LOFT 01

1 BED

587

$303,900

$273,510

SOLD

LOFT 10

1 BED + DEN

648

$323,900

$291,510

SOLD

LOFT 11

1 BED + DEN

751

$355,900

$320,310

SOLD

LOFT 11

1 BED + DEN

751

$371,900

$334,710

LOFT 7

2 BED

922

$453,900

$408,510

LOFT 208

2 BED + DEN

1,300

$619,900

$557,910

224 LYON ST. (AT GLOUCESTER ST.)

MON-WED 11-5PM | SAT+ SUN 12-5PM | THURS + FRI APPOINTMENT ONLY

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

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

spotlight on condos

C9

Your new home on Dow’s Lake

spotlight on condos

Be a part of something Iconic

C10

Claridge Homes is raising the bar with a bold, organic tower rising 45 storeys above Ottawa. Claridge has been redefining Ottawa’s skyline for 30 years, and now we’re proud to bring Claridge_Icon to the community.

Find your new home in the heart of Little Italy, where stunning views of Dow’s Lake are available for as low as $291,000.

www.claridgeicon.com 485 Preston Street, Ottawa 613.695.1441

under ConstruCtion Available April 2019

moreValue

Move-in ready units. up to $10,000 in designer finishes included! sTIRLInG PARk | MERIvaLE Now occupying! 1 & 2 bedroom units starting from $247,000 330 Titan Private, Unit 107, Ottawa 613-224-0330 WATERsTREET | LOwERtOwN Now occupying! studio, 1 & 2 bedroom units starting from $192,000 316 Bruyère Street, Unit 112, Ottawa 613-680-6560 CLARIDGE PLAZA 3 | RIdEau stREEt Models now open! Move-in ready 1 & 2 bedroom units starting from $311,000 244 Rideau Street, Ottawa 613-241-3235 File is half size FINAL: 48” x 48”

CLARIDGE PLAZA 4 | RIdEau stREEt Now occupying! studio, 1 & 2 bedroom units starting from $230,000 244 Rideau Street, Ottawa 613-241-3235

fusIon | LEBREtON fLats Models now open! Move-in ready 1, 2 & 3 bedroom units starting from $288,000 300 Lett Street, Ottawa 613-232-2049 TRIbECA | dOwNtOwN MEtcaLfE Models now open! Move-in ready 1 & 2 bedroom units starting from $351,000 56 Nepean Street, Ottawa 613-234-1780 TRIbECA EAsT | dOwNtOwN MEtcaLfE Now occupying! studio, 1 & 2 bedroom units starting from $245,000 56 Nepean Street, Ottawa 613-234-1780

moreChoice

CLARIDGE ICon | LIttLE ItaLy Now under construction! 1 & 2 bedroom units starting from $291,000 485 Preston Street, Ottawa 613-695-1441

THE LofTs AT TRIbECA | dOwNtOwN MEtcaLfE Now under construction! 1 & 2 bedroom units starting from the mid $400s Includes underground parking 56 Nepean Street, Ottawa 613-234-1780

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

moreStyle

spotlight on condos

Now under construction. secure your new home and ask about our upgraded finishes at these locations.

C11

Advice | GOHBA REPORT

Tracking new-home buyers wants and needs

By John Herbert

MORE ADVICE ONLINE ypnexthome.ca/news/advice

UNDERSTANDING THE MARKET and customer base is essential for all industries and the companies therein.

In 2014-15, the Canadian Home Builders’ Association (CHBA) and Avid Ratings Canada conducted the first nationwide market preference study for the home building industry, surveying 12,386 new homeowners across six provinces of Canada.

The inaugural year of the study was tremendously successful in providing the Canadian home building industry with key insights regarding today’s home buyers.

To build upon this landmark research, a subsequent year of the study was deployed in 2015-16. The sample size for the second year of the study increased considerably, with 23,402 new-home owners being surveyed across eight provinces. The study uncovers who today’s Canadian homebuyers are and what they want in a new home.

A significant 13-per-cent response rate was generated in this second year of the study – average response rates in other countries for similar studies are around five per cent, such as the NAHB preference study in the U.S. Similar to the inaugural year, year two of the study was received well by consumers who were willing to take the time to provide valuable feedback to the Canadian home building industry.

A Landmark Study – Even Larger in Year Two Overall, the findings uncover important areas relevant to home builders looking to increase market C12 YPNEXTHOME.CA

share. These areas are grouped into three main sections: acquiring today’s homebuyer; home features and design preferences; and community amenities. On-Demand Reports and Data Mining Unique for an industrysponsored market study of its kind, Avid Ratings Canada releases its award-winning Avid Reports system, enabling industry professionals to dynamically drill down on the data that matters most to their organizations.

For example, by using the Avid Reports

system, a builder is able to narrow the data set to a city or province to reveal market data targeted to that geographical area. In addition, Avid Reports provides a variety of regional and local pre-set benchmarks, allowing builders who participated, to display their company’s market data compared to any of the local or national benchmarking databases.

The BPS is considered a “must have” for anyone who is involved …continued on page C14

DOWNTOWN LIVING RICHCRAFT STYLING

A STATEMENT THAT YOU’VE ARRIVED

NOVEMBER 2016 OCCUPANCY 255 BAY ST. Presentation Centre, 136 Bank St. 613.695.7577

spotlight on condos

Walk through the charismatic entrance doors and you’ll discover The Bowery’s sleek Lobby and Lounge.

thebowerycondos.ca C13

“58 per cent of respondents would spend an extra $3,000 to $5,000 on their next home to reduce utility costs by $1,200 per year” on several fronts, including high-efficiency windows, energyefficient appliances, an overall energy-efficient homes, » 59.5 per cent of respondents indicate that their motivation to seek energy-efficient features in their next home is to reduce utility costs » 58 per cent of respondents would spend an extra $3,000 to $5,000 on their next home to reduce utility costs by $1,200 per year A few of the items that increased in importance between the 2015 and 2016 study include: » Importance of social media as a resource for finding a builder » Formal living rooms » Smart home technology » Proximity to public transit

…continued from page C12

in any way with the development, marketing and sale of new homes in Ottawa. But there is also a lot of great information for consumers who wish to make sure that they are purchasing a new home that includes all of the most popular amenities and features going forward rather than features that are now waning in popularity. The report is 218 pages in length and can be purchased from the Canadian Home Builders’ Association at chba.ca/buyersurvey.aspx Some of the most interesting C14 YPNEXTHOME.CA

highlights from this year’s report are summarized below. » The “growing family with children” is the largest cohort buying new homes based on responses to the 2016 survey » Three key “themes” appear highest in the rankings in the 2016 study: » Kitchens are of paramount importance (open-concept, kitchen islands) » Storage spaces are must have features (walk-in closets, linen closets, pantries, two-car garages) » Energy-efficiency is highly desirable

A few of the items that declined in importance between the 2015 and 2016 study include: » Soaker tub in the master ensuite » Stone exteriors » Overall community landscaping » 72 per cent of respondents would be looking for a new home for their next home » As a trade-off to improve affordability, 22 per cent would accept a smaller home and 18 per cent would accept a location farther from work and amenities

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

spotlight on condos

C15

Advice | HOME SMARTS

Opening yourself to the possibilities:

Choosing the home type that’s right for you

By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice

BUYING A NEW HOME IS AN EXCITING

process with a happy outcome – but to be perfectly honest, it can be a bit of a roller coaster ride. In reality, few of us are able to find our dream home, delve into our bottomless pockets and move in the following day.

After 34 years in the real estate business, I’ve noticed certain patterns in homebuying behaviour. While most clients have a fixed idea of the type of home they want before they begin searching, it’s surprisingly common for buyers to change their minds mid-search. One client may realize that they’re not as eager to mow a large lawn as they’d thought; another may discover that the detached home they’d dreamed of is beyond their means.

I encourage my clients to become familiar with the different property types on the market, and to keep an open mindset as possibilities are everywhere!

Condominiums - Condos are often purchased by single people and couples without children, with good reason! They offer a maintenancefree style of living that’s ideal for those with busy work and social lives.

However, the owner pays a monthly maintenance fee for the privilege known as condo fees. Condominiums tend to come with smaller or no outdoor spaces, but they usually have an abundance of lifestyle amenities such as fitness studios, home C16 YPNEXTHOME.CA

theatres, hot tubs, roof top terraces and party rooms – an important consideration for downsizers and active singles.

While we often associate condos with downtown highrises, they are increasingly popular in suburban areas; they may be townhomes, semis or even detached homes, and are common in adult-oriented gated communities. Condominium is actually a legal definition referring to the method of ownership, not the type of building. When you purchase a condo, the interior space of your home belongs to you. “Common elements” such as elevators, recreational facilities and outside grounds are jointly owned by you and the other homeowners in your condominium community.

Detached homes - A fully detached home provides the most privacy and, often, the most space of any home type. New detached homes are commonly built on lot sizes between 35 and 60 ft., although some new home builders – particularly custom home builders – may offer larger lot sizes.

Semi-detached homes - A semidetached home is joined to another home on one side. If you’re having trouble finding a detached home in your budget, you’re likely to be pleasantly surprised with some of the semi-detached homes on the market.

They often offer similar layouts and features for a lower price, due to lower construction costs and marginally smaller lot sizes. If privacy is a concern for you, be sure to tour the builder’s homes to observe how sound travels from one home to the next. Most modern semis and townhomes provide good sound insulation.

Town homes - Like semi-detached homes, townhomes often offer more than you might expect. Many condominium townhomes are “executive-style,” boasting highend finishes. Condominium terrace townhomes are “stacked,” with upper units providing a large balcony or roof-top patio instead of a yard. Noncondominium townhomes, known as “freehold,” offer more freedom to change the landscaping and outer appearance of your home.

Happy hunting!

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 team leader 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

spotlight on condos

I N K A N AT A S O U T H

C17

$

0 deposIt upon sIgnature

Inventory sale or

12 months wIthout payment

•

petrIe’s landIng

petrIe’s landIng

3 years allowance on munIcIpal taxes and condo fees

loreka court

petrIe’s landIng

so ld 327,844 $239,800* condo avenue

486

Luxurious open-concept condo offering a contemporary kitchen with full height kitchen cabinets, granite countertop and ceramic backsplash.

1 120-104 Prestige Circle

Luxurious open-concept condo offering a contemporary kitchen with full height kitchen cabinets, granite countertop and ceramic backsplash.

2 120-117 Prestige Circle

Beautiful luxurious open-concept condo offering a large bathroom with glass door shower and a bathtub with ceramic surround.

2 120-316 Prestige Circle

Luxurious single family home with walk-out basement. Offers granite in the entrance and hardwood on the ground floor, on staircase and in the hallway on second floor.

3 171 Loreka Court

loreka court

carleton crossIng

carleton crossIng

carleton crossIng

560,889 $517,023* cambrIdge $

$

1,019

/mo. int *

425,960 $388,233* harvard $

$

770

/mo. int *

468,450 $413,511* yale $

$

/mo. int *

$

820

/mo. int *

541,550 $462,800* harvard

938

$

$

/mo. int *

379,295 $285,300* condo avenue

586

690 635$ 632 241$* condo avenue

$

$

451,040 $418,488* carnegIe $

$

/mo. int *

$

829

/mo. int *

Spacious single family home with walk-out basement. Features a gas fireplace with decorative facade and granite kitchen countertop with ceramic backsplash.

4 177 Loreka Court

Spacious single family home with granite in the entrance and hardwood flooring on the ground floor, on staircase and in the hallway on second floor.

3 111 Francis St.

Beautiful 2,005 sq.ft. single family home with plenty of windows, 9-foot smooth ceilings on the ground floor, high-end finishes and contemporary kitchen.

3 128 Francis St.

Spacious single family home with granite in the entrance and hardwood flooring on the ground floor, on staircase and in the hallway on second floor.

4 242 King St.

plateau du parc

plateau du parc

plateau du parc

plateau du parc

so ld 394,173 $328,800* Joran II

spotlight on condos

$

C18

$

665

/mo. int *

423,677 $366,800* herItage II $

$

743

/mo. int *

690 635$ 632 241$* herItage II

$

508,829 $398,800* sIrocco II

$

808

/mo. int *

Lovely single family home located on a private street just steps from Gatineau Park.

Offers plenty of windows plus a large open area.

3 44 rue Joran

Wonderful contemporary single-family home located on a large pie-shaped lot, offers 9-foot smooth ceilings and high-end finishes.

3 49 rue Joran

Luxurious single family home just steps from Gatineau Park. Offers hardwood on the ground floor, on staircase and in the hallway on second floor.

3 42 rue Joran

Luxurious single family home just steps from Gatineau Park. Offers hardwood on the ground floor, on staircase and in the hallway on second floor.

3 52 rue Joran

plateau du parc

plateau symmes

plateau symmes

rIvermead

643,228 $542,704* mIstral $

1,069 /mo. int *

Prestigious 2,242 sq.ft. single family home located on an oversized wooded lot. Features a large open area and a large-size gas fireplace with ceramic finish.

3 62 rue Sirocco

372,684 $299,800* herItage $

$

607

/mo. int *

Beautiful semi-detached home located on a wooded lot with no rear neighbours, offering plenty of windows, 9-foot smooth ceilings and high-end finishes.

3 31 rue des Scouts

217,558 $194,642* condo Ōra $

$

401

/mo. int *

Beautiful and contemporary open-concept condo with full height two-tone cabinets in the kitchen, quartz countertop and ceramic backsplash.

2 823-3 boul. du Plateau

690,635 $632,241* bordeaux $

$

1,242

/mo. int *

Luxurious 2,390 sq.ft. single family home on a 100 x 120 feet lot. Offers a quartz countertop in the kitchen plus hardwood floors and stairways.

4 63 rue Morley Walters

* Certain conditions apply. Prices are subject to change without notice. Contact one of our sales representative for details.

8700 Jeanne d’arC BLvd. n., OrLéanS

171 LOreka COurt, StittSviLLe

117 MCGreGOr St., CarLetOn PLaCe

COrner OF Ch. Pink & BOuL. deS GriveS, Gatineau

895-3 BOuL. du PLateau, Gatineau

63 rue MOrLey WaLterS, Gatineau

613.824.4059

613.831.0126

613.257.4079

819.776.4663

819.682.4663

819.317.0440

Visit brigil.com to see all our inventory homes

spotlight on condos

C19

OWN FOR AS LITTLE AS

5% DOWN

NOW uNDEr CONstruCtION

spotlight on condos

Minto Beechwood is a stylish modern midrise that offers unique condominium living for those that enjoy the finer things in life. With fantastic amenities including a well equipped fitness centre and steps to lush walking trails, Minto Beechwood offers something for everyone.

C20

stYLIsh CONDO LIVING IN thE hEart OF NEW EDINBurGh FrOM $303,900*

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*Prices and specifications are subject to change without notice. Tiered deposit structure based on unit purchased, see Sales Rep for details. Renderings are artist concept. E.&O.E.

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visit us at our model home & sales centre

Property Profile | EQ HOMES

cover story

Clarence Crossing’s grand opening!

An extraordinary new lifestyle in Rockland IMAGINE WAKING UP EACH MORNING

to the birds chirping in the nearby woods, the sound of rushing water, and the tranquility that most of us find only in cottage living. Now, with eQ’s anticipated release of its newest and most exciting development, Clarence Crossing in Rockland, your dreams can become a reality.

The first village is almost complete and is selling out fast. Occupancy is expected for sometime this summer.

With the ever growing urban intensification in the downtown core, many families and retirees are heading outside of the city’s centre for a more serene lifestyle – one that incorporates all the major amenities 22 YPNEXTHOME.CA

with your own personal oasis.

Clarence Crossing is the lifestyle community in Rockland that so many people have been waiting for. These beautifully designed homes are surrounded by nature and embraced

by Clarence Creek and The Ottawa River. Spectacular scenery, first-class social and recreational amenities, and pathways gently winding through the community are all in your backyard.

June 4 and 5 marked the grand opening of three new models at Clarence Crossing. The Alexander is a 50-ft. single-family bungalow home with 1,848 sq. ft. of living space with an optional sunroom. The Dumont, a 42-ft. single-family bungalow, offers

a spacious 2,020 sq. ft. of living space including the optional finished rec room in the basement. Lastly, the Augusta is an attached bungalow with 1,418 sq. ft. with an optional sunroom.

All three models include spacious master bedrooms with walk-in closets and the option for an ensuite bathroom. The open-concept designs come with a breakfast bar and modern finishes throughout. Clarence Crossing is only a short drive from the city and offers homes at a significantly lower price than the city suburbs.

The Foxwood collection condos start as low as $297,900; the attached bungalows start at $286,900, and the single-family bungalows start

Location

Rockland Builder

eQ Homes Development

Clarence Crossing Home Type

Condo, single-family bungalow, attached bungalow Sales Centre

235 L’etang St. Clarence-Rockland 613.862.0167 clarencecrossing.com

at $379,900. By moving out of the city, buyers get the space but save thousands on the purchase price.

The celebration continues throughout the month of June, which means buyers can take advantage of some spectacular incentives. Buyers of the singlefamily models will receive $25,000 to spend in the decor centre or the money can be put toward the cost of the house. Buyers of condos will receive $10,000 and of the townhomes $15,000. The money can all be spent in one place, or you can split it up as you choose.

Buyers can also choose the always popular Foxwood Collection. The

Foxwood Collection is a luxury lowrise condominium that is ideal for buyers who are tired of renting; buyers who want to downsize, and buyers who simply want the convenience of owning a home without having to worry about any of the outdoor maintenance. The Foxwood Collection is a one-of-akind building in Ottawa.

A new Town Centre with retail shops, a Community Centre and a beautiful new Marina are all proposed items for the master-planned community. A future Pedestrian Bridge over Clarence Creek will also link future existing villages of the community. The first village will also

see the opening of the new pathways.

An abundance of city amenities are just minutes away from the community, including local grocery and drug stores, parks and schools, as well as to numerous recreational facilities including the Outaouais Golf Club and the Canadian International Hockey Academy. eQ Homes are built to enrich your life. The eQ team builds with a passion for creating livable, sustainable and inspiring environments centred around you.

This local company has established a reputation for building landmark new home communities in Ottawa and surrounding areas. The staff bring decades of experience and have earned trust by building a top quality product. The name is synonymous with innovative designs, great masterplanned communities and a unique customer experience. eQ Homes makes your purchasing experience pleasurable from start to finish. Staff strive for the highest levels of achievement and are with you every step of the way. Their trademark is your assurance that you will love where you live.

For more information, visit the brand new presentation centre at 235 L’etang St., Rockland, email sales@clarencecrossing.com, call 613.862.0167 or visit clarencecrossing.com

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 23

Advice | MOVING ADVICE

June 30 is still the busiest moving day of the year

By Chuck Resnick

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THE BUSIEST MOVING DAY of the year is June 30. According to Two Men and a Truck – Canada, that day is particularly popular for several reasons.

Thousands of people will make their moves during the Canada Day weekend, which means movers will be going all out to provide the necessary services. It also means that each year, those who wait until the last minute to book moving trucks and/or movers for June 30 are disappointed when they find nothing available.

The school year is over by the end of June, and families with children usually want to wait to move rather than disrupt the kids’ routine. Of course, June 30 ushers in the Canada Day long weekend, which means an extra day to unpack and organize before going back to work.

Above all, even considering its unpredictability, weather makes June 30 an attractive moving date. Let’s face it: cold and snow add challenges to any move. By the end of June, the full heat of summer hasn’t kicked in yet, and the chance of rain is slim.

Practically speaking in the financial sense, this date represents the midyear renewal deadline for property taxes and rental leases, which also plays a role in people’s timing.

If you want to move on June 30, you may have to make several calls to make a booking, but every minute you wait lessens your chances.

Consider having your mover pack 24 YPNEXTHOME.CA

for you. Keep in mind that with time running short, professional movers can get your items ready to move quickly and efficiently.

Getting your possessions to your new home in excellent condition is just as important to us as it is to you.

If you still decide to pack yourself, you may want to purchase packing supplies from your mover. Our boxes are available in consistent sizes, which makes stacking them in the truck easier. And remember that it’s counterproductive to move items you will just throw out at the other end.

Take some time to sort and pitch.

A great way to be sure you are totally ready for your move is to use

a checklist. You have many things to think of, such as notifying pertinent people and companies of your change of address. You may have to enroll kids in their new schools; make arrangements for pets, babies and toddlers to be looked after on moving day; schedule the shut-off of utilities and phone at your old address and start-up at your new place … you get the picture.

You can find a moving day checklist at twomenandatruck.ca/ moving-checklist.

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

Trending

Reasons to teach your kids about real estate sooner than later

By Wayne Karl

IT’S JUNE AND SCHOOL will soon be out for the summer. What better time to teach your kids about real estate?

Why? There’s actually more than 500,000 reasons to do so. The number is actually 508,097 – as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association (CREA). This represents a 13.1-per-cent year-over-year price gain.

Need another reason? How about 45 – as in the percentage of millennials, in a survey conducted by New Home & Condo Guide, who don’t believe they will be able to buy a home in Canada within the next five years.

Just 25 per cent per cent believe they will be able to buy a home in the next five years, while 25 per cent say “with a lot of help, maybe.”

Not exactly the most encouraging stats.

Need more, still? A new poll by CIBC reveals 63 per cent of millennial respondents plan to buy a home in the next five years – but almost half of them have not even begun to save.

Faced with a myriad of financial challenges, 54 per cent of future millennial buyers say coming up with the required down payment is the biggest obstacle to homeownership, the CIBC poll says. About half are concerned that job security (53 per cent) and rising real estate prices (46 per cent) will impact their ability to buy.

Given such realities, teaching young Canadians financial literacy at an earlier age is increasingly important.

Sound familiar? It might, if you’ve ever read The Wealthy Barber, David Chilton’s 1989 best seller in which 26 YPNEXTHOME.CA

MILLENNIAL % who say “With a lot of help, maybe” (YPNextHome survey)

25%

25%

% who believe they will be able to buy a home in the next five years (YPNextHome survey)

45%

% of millennials who don’t believe they will be able to buy a home in Canada within the next five years (YPNextHome survey)

readers were implored to “pay yourself first” and max out your RRSP. The book also lamented that personal finance wasn’t a key part of the curriculum in our education system.

More than 25 years later, given the price of real estate in Canada these days and the now-documented challenges facing our millennials, you could make a case for teaching real

MORE TRENDING ONLINE ypnexthome.ca/news

SENTIMENTS % of future millennial buyers who say coming up with the required down payment is the biggest obstacle to homeownership (CIBC poll)

54%

% of Canadians who say something should be done to help the younger generation enter the housing market (CIBC poll)

56%

property courses in our schools.

Some organizations, such as the Financial Consumer Agency of Canada, major Canadian banks and even investor groups, are taking such

matters into their own hands, with programs for financial literacy for youth.

The CIBC poll underlines how strong the need is.

“Millennials want to own, and many plan to do so in the next few years, but they’re facing many obstacles and competing financial priorities,” says Barry Gollom, vice-president, mortgages and lending, CIBC. “It’s important that they sit down with an advisor and map out a realistic time frame for making their dreams of homeownership a reality – it’s not easy, but it’s attainable.”

Another CIBC poll finds Canadians are sympathetic to millennials’ struggles for homebuying. The majority (56 per cent) say something should be done to help the younger generation enter the housing market.

Three-quarters (77 per cent) believe buying a home is more difficult for young Canadians today than it was for previous generations.

“It’s not just young Canadians that feel that buying and maintaining a home is a challenge for their generation,” adds Gollom. “Canadians across the board regardless of age agree and a majority are calling out that something should be done to help.”

Because… those five years that millennials believe they need to save up for a down payment? If things continue as they are, prices could be further out of reach. In 2012, the average Canadian price was $363,606 – representing 39.7-per-cent gain to the current $508,0907. At that rate, in five years, the average would be about $709,811.

Mind you, the national average price is skewed by activity in Toronto and Vancouver. Take these two markets out of the equation, the average is a more modest $369,222 and year-over-year price growth 8.7 per cent, CREA says. There are markets in Canada that are more friendly to millennials.

Need another reason to teach your kids about real estate sooner than later? Here’s 150,000 – the Canadian average price back in 1992.

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 27

Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.6

Alterna Bank

2.35

Bank of Montreal

2.7

Bank of Nova Scotia

2.9

Canadian Western Bank CIBC

6 months

1 year

2 years

3 years

4 years

5 years

4 4.00op 4 6.30op 4 6.75op 4.55 6.45op 4 6.45op

2.94 4.00op 2.85 6.30op 2.89 6.75op 3.29 6.50op 3.14 6.30op 2.84 6.35op 3.14

2.64 4.00op 2.09

2.49

2.64

2.69

2.59

2.74

2.58

2.99

3.39

3.89

2.49

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.79

2.44

4.09

4.79

3.04

3.65

4.39

4.64

2.84 3 3.20op 3.14 6.70op

2.84 2.94

2.84 2.84

2.89 2.79

2.89 2.89

3.04

3.39

2.74

2.84

2.79 2.39

3.34 2.44

3.99 4.39

4.44 4.64

2.84

2.29

3.89

2.59

3.24

3.49

3.69

3.79

2.7 6.95op

Equitable Bank ICICI Bank Canada Manulife Bank

2.75 2.6

National Bank

n/a

President’s Choice Finan Royal Bank

2.70 2.6

TD Canada Trust

2.6

Tangerine

2.7

4.45 4.4 6.70op

6.75op

3.14 6.75op 2.99 6.30op 3.19

TRUST COMPANIES Community Trust Effort Trust

n/a n/a

Home Trust Company Investors Group Trust

2.35 n/a

MTCC

2.9

6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

3.25 3.5

3.95 3.7

4.39 4.3

4.64 4.35

2.14 3.09

2.34 3.39

2.59 3.89

2.59 2.74

3.09

3.39

3.89

4.49

4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op

2.85 6.30op 2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 2.84 6.30op 2.99 6.30op 2.8 2.95op 2.45

2.09

2.59

2.74

2.58

2.89

2.95

2.99

2.89

2.24 2.79

2.39 2.89

2.49 2.95

2.59 2.89

3.09

3.39

3.89

4.74

3.2

3.65

4

4.5

2.79

2.64

3.89

2.44

2.69

3.49

3.99

4.64

2.85

2.95

3.05

3.15

2.55

2.55

2.65

2.65

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.35

Comtech Credit Union

2.45

First National Fin. LP IC Savings

2.7

London Life

n/a

Luminus Financial

3.25

Meridian Credit Union

2.4

PACE Savings & C.U.

4 5 6.70op

Parama Credit Union

2.65

Steinbach Credit Union

2.25

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

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE June 6, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700

28 YPNEXTHOME.CA

Advice | FUNDAMENTALLY SPEAKING

How to avoid your own moving horror story

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHEN BUYING A HOME, you will

likely consult with a team of trusted professionals — a mortgage broker, a lawyer, perhaps a realtor or builder sales associate and maybe a home inspector. Then, assuming you move ahead with your purchase, eventually you will likely need a mover.

People often don’t consider a mover as an important member of their team of professionals.

However, given the critical role they perform — taking possession, at least temporarily, of all your worldly goods and moving them without loss or damage — it’s a function not to be taken for granted. Not doing your due diligence and taking the time to select a reputable mover can invite untold problems.

Case in point: the following example, which admittedly doesn’t involve a new-condo move, but the experience is all too common. So is the lesson learned — unfortunately, the hard way.

I recently contracted a “professional” moving company to carry out a last minute move of five pieces of furniture on behalf of my son, a university student. For a variety of reasons, we decided to hire movers rather than rent a truck.

After calling several firms — including large, well-known companies and smaller, independent ones — I selected a moving company in Whitby, where the pick-up was to take place. Drop-off would be in Waterloo.

We agreed on price ($350) and time

(9 a.m.) — after I was very clear the move would involve an out-of-town destination. All details were confirmed in a “contract” exchanged via email.

The crew was on time for the move the next morning, but almost immediately began talking about a higher rate — $360. Not a huge difference, but it immediately raised my suspicions.

I’ll spare you all the gory details, but it’s important to share the lowlights of what happened next: » The company I originally contracted the job to the night before was inexplicably unavailable to actually do the move the next morning, and apparently passed it off to another firm. » My original contact, who was easily available on cell phone repeatedly the night before, suddenly was nowhere to be found. » Once the truck was loaded, the fee increased to $450. » Upon arrival in Waterloo, the movers said the fee was $500. “It’s taking longer than we thought, and the furniture is heavier.” » “Sure,” I said, “right after I call the police.”

With that, the sordid tale ended.

The job not complete, left for us to move the furniture indoors, now the

victims of one of the top 10 scams monitored by the Better Business Bureau (BBB).

“I could write a thesis on this,” John Levi, president of the Canadian Association of Movers (CAM) told me.

CAM offers consumers the following tips on how to avoid being scammed by unscrupulous movers: » Find reputable movers through the CAM, BBB or provincial government consumer protection agencies » Ask three movers for estimates in writing » Get the terms and conditions in writing » Ensure your goods will be protected for loss or damage » Read customer reviews on movers’ websites and other forums “Consumers have recourse with their provincial government’s consumer affairs department and with the Better Business Bureau,” says Levi. “Both of these avenues are fraught with difficulties and often take many months to come to some form of resolution — satisfactory or otherwise. And often, the mover simply out-waits the consumer.

“It’s far simpler and more effective to engage a reputable mover in advance rather than trying to fix a bad situation after the fact.”

My example, though painful and infuriating, is minor compared to other common horror stories involving similarly unsuspecting clients.

Make sure you take the proper steps — and the time — to protect yourself.

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at twitter.com/ WayneKarl.

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 29

Hot Properties

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

LATEST LISTINGS

CLARENCE CROSSING BY EQ HOMES

YOUNG’S COVE

SPRING VALLEY TRAILS

GREYSTONE VILLAGE

By: Briarwood Homes City: Young’s Cove Housing type: Bungalow & 2 storey homes.

Contact: 905.737.4477 youngscove.ca

By: Claridge Homes City: Navan Housing type: Townhomes. claridgehomes.com

By: eQ Homes City: Ottawa Housing type: Singles, towns, semis and condos. greystonevillage.ca

ARTHAUS CONDOMINUMS PRINCE OF WALES ON THE RIDEAU By: Campanale Homes City: Ottawa South Housing type: Executive single-family homes.

Contact: 613.440.3750 campanale.com

RICHARDSON RIDGE KANATA By: Cardel Homes City: Kanata Housing type: Phase III in Richardson Ridge, popular home designs and several brand new models.

Contact: 613.435.5706 cardelhomes.com

30 YPNEXTHOME.CA

By: DevMcGill City: Ottawa - Downtown Housing type: Condominium.

Contact: 613.909.3223.

ArtHausCondos.com

CLARENCE CROSSING

THE CORNERS ON MAIN

LIV TOWNS

By: Domicile City: Old Ottawa East Housing type: Midrise condos comprising a mix of six- and four-storeys.

Contact: 613.806.6246. cornersonmain.ca

By: Glenview City: Kanata Housing type: Townhome Contact: 613.595.0591 sales@glenviewhomes.com glenviewhomes.com/liv

By: eQ Homes City: Rockland Housing type: Singles, towns and condos. clarencecrossing.com

129 MAIN BY Warlyn Construction

TEMPO

MINTO LANSDOWNE

GALLERY TOWNHOMES

By: Glenview City: Kemptville Housing type: Two-storey singles and bungalows with loft options.

Contact: 613.797.6763 sales@glenviewhomes.com glenviewhomes.com/tempo

By: Minto City: Ottawa Housing type: Condo Mintocondosale.com

By: Tamarack Homes City: Orleans Housing type: Townhomes tamarackhomes.com

UPPERWEST

THE ORCHARD

By: Minto City: Ottawa Housing type: Condo Mintocondosale.com

By: Uniform Urban Developments City: Barrhaven Housing type: Single-family homes and townhouses. uniformdevelopments.com

FINDLAY BY THE PARK By: Lemay Homes City: Leitrim Housing type: Singles, bungalows and townhomes Contact: 613.425.5255 lemayhomes.ca

WHITE TAIL RIDGE By: Phoenix Homes City: Almonte Housing type: Bungalows and singles.

Contact: Kellie Connors 613.461.0277 phoenixhomes.ca

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

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

Contact: phoenixhomes.ca

RICHARDSON RIDGE By: Uniform Urban Developments City: Kanata Housing type: Singles, townhome and condo flats.

Contact: 613.435.7751 uniformdevelopments.com

BRADLEY ESTATES

SOHO LISGAR By: Mastercraft Starwood City: Ottawa Housing type: Condominium.

Contact: 613.798.7646 soholisgar.com

THE BOWERY CONDOS & LOFTS

MINTO BEECHWOOD

RUSSELL TRAILS

By: Minto City: Ottawa Housing type: Condo Mintocondosale.com

By: Tartan Homes/Corvinelli Homes City: Russell Housing type: Singles, semis, bungalows russelltrails.com

By: Richcraft City: Centretown Contact: 613.695.7577 thebowerycondos.ca

By: Valecraft Homes City: Mer Bleue/Orléans Housing type: Single-family homes and executive townhomes. valecraft.com

129 MAIN By: Warlyn Construciton City: Old Ottawa East Housing type: Condominiums 129main.com

Builders

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

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 31

Ad Index

Builder Name

Site Name

Prices

D

Location

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

ADVERTISERS

Page

WEST Almonte

Phoenix

White Tail Ridge

x

Arnprior

Campanale

Callahan Estates

x

Barrhaven

Campanale

Longfields Station

x

Barrhaven

Minto

Quinn's Pointe

x

Hunt Club

Claridge Homes

Hunt Club Flats

Kanata

Cardel

Blackstone

Kanata

Claridge Homes

Kanata

From $370's

16, 17

From $274,900

20, 21

Inquire

20, 21

x

From $231,900

2, 3

x

From $316,900

10, 11

x

From $399,900

13

Bridlewood

x

From $388,900

10, 11

Glenview Homes

Liv Towns

x

From $254,990

9

Kanata

Mattamy

Traditions II

x

x

From $309,990

4, 5

Kanata

Phoenix

Fernbank

x

x

From $200's

16, 17

Kanata

Uniform Urban Dev.

Richardson Ridge

x

x

Inquire

6, 7

Ottawa West

Uniform Urban Dev.

Maple Creek

x

x

Inquire

6, 7

Young's Cove

Briarwood Homes

Young's Cove

x

From Mid 300's

25

Barrhaven

Claridge Homes

West Pointe Village

x

From $342,900

10, 11

Barrhaven

Phoenix

Felton Court

x

From $270's

16, 17

Barrhaven

Phoenix

Sawgrass Towns

x

From $290's

16, 17

Leitrim

Lemay Homes

Findlay by the Park

x

x

From $336,900

19

Ottawa South

Campanale

Longfields

x

From $191,900

20, 21

Ottawa South

Claridge Homes

Summerhill Village

x

x

From $353,900

10, 11

Ottawa South

Claridge Homes

Sundance

x

From $519,900

10, 11

Stonebridge

Uniform Urban Dev.

The Orchard

x

Inquire

6, 7

x

x

x

x

x

SOUTH

32 YPNEXTHOME.CA

x

x

x

Site Name

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

Builder Name

Prices

D

Location

Page

EAST Navan

Claridge

Spring Valley Trails

Orléans

Claridge

Orléans

x

x

From $399,900

10, 11

Royal Ridge

x

From $204,900

10, 11

Phoenix

Hillside Vista

x

From $260's

16, 17

Orléans

Tamarack

Gallery

x

From $281,900

BC

Ottawa East

Valecraft

Aviation Private

x

From $304,900

18

Rockcliffe

Uniform Urban Dev.

Waterridge Village

x

Inquire

6, 7

Rockland

EQ Homes

Clarence Crossing

x

From $300's

15

Downtown

Broccolini

The Slater

x

Inquire

C15

Downtown

Claridge Homes

Icon

x

From $291,000

C10, C11

Downtown

Claridge Homes

Tribeca

x

From $245,000

C10, C11

Downtown

DevMcGill

Arthaus Condos

x

Inquire

C2

Downtown

Lamb Development Corp.

Gotham

x

From $206,910

C8

Downtown

Richcraft

The Bowery

x

Inquire

C13

New Edinburgh

Minto

Beechwood

x

From $283,900

C20

Kanata

Cardel

Blackstone

x

Inquire

C17

Old Ottawa

Warlyn Construction

129 Main

x

From $369,000

C5

Orléans

Brigil

Petrie's Landing

x

From $181,800

C18

Ottawa Central

Claridge Homes

Claridge Plaza 3 & 4

x

From $230,000

C10, C11

Ottawa Central

Claridge Homes

Fusion

x

From $288,000

C10, C11

Ottawa Central

Claridge Homes

Waterstreet

x

From $192,000

C10, C11

Ottawa Central

Mastercraft Starwood

Soho Champagne

x

From $298,900

C19

Ottawa Central

Theberge Homes

Hunt Coub Homes

x

From $179,900

C4

Ottawa East

Domicile Development Inc

Crème

x

Inquire

C3

Ottawa West

Greatwise Development

Qualicum Woods Crossing

x

From $190,900

C9

West Nepean

Claridge Homes

Stirling Park

x

From $247,000

C10, C11

x x

CONDO

JUN 11 - JUL 9, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 33

Neighbourhood Profile

Glebe-Dows Lake One of the places to live in Ottawa

Fast facts

By Lindsay Foran

Average household income

$155, 538 THE GLEBE is one of Ottawa’s oldest

Family structure

suburban neighbourhoods, and it is still regarded as one of the places to live in Ottawa. The Glebe is bordered by the Rideau Canal to the south and the east, it runs as far as Dow’s Lake, and finishes at the Hwy 417.

The Glebe is Ottawa’s “it” place.

From trendy hair salons, to unique clothing stores, people want to shop here, but living here may be a challenge due to the cost. Most residents drive to their offices, but many also bike, walk or hop on the bus. This family-oriented community opens its arms to everyone who wants to walk the streets and hope that they too can one day move to this coveted neighbourhood.

Vibe The Glebe is one of the only places in Ottawa where suburbia meets the trendy hipster lifestyle. From one corner to the next the atmosphere changes. There are large, expansive, $1-million homes, to student complexes where residents sit on the grass strumming their guitars. From the busy and scenic Rideau Canal, to the hustle and bustle of Bank St, the Glebe has everything you could possibly need.

Meet the neighbours The Glebe is home to anyone from student renters to artists, families and retirees. The area attracts wealthy buyers who want to live downtown, but who are still in need of a suburban feel. Don’t be mistaken – the Glebe is anything but suburban. With an array of artwork, funky shops, and hip

FAMILIES

COUPLES

SINGLES

31%

34%

35%

Own vs. rent

59% OWNERS

41%

RENTERS Education levels

73%

9%

18%

UNIVERSITY

COLLEGE

HIGH SCHOOL

SOURCE: ENVIRONICS

TAKE A VIDEO TOUR ONLINE ypnexthome.ca/glebe-dows-lake

restaurants, this area is family-friendly with the trendy vibe that keeps you feeling young.

In the area To buy real estate in the Glebe, you need money – lots of it. The other option is to find a fixer-upper for cheap, then renovate it to your tastes and budget. Either way, this isn’t the place for someone on a budget. From coffee shops to hair salons, everything is above average in this area.

Planes, trains & automobiles The Queen Elizabeth Parkway is an

easy way to get across the Glebe.

This route leads you to Hwy. 417, downtown, or continue west. The best way to commute in this area?

Take your bike along the Rideau Canal, to wherever you need to go.

The good, the bad & the rest Constant energy pulses throughout the streets. Walk down Powel and into quiet suburbia. Head a few blocks west to Bank Street and you’ll find a rush of pedestrians, commuters and cyclists.

One major attraction: The Great Glebe Garage Sale. This event attracts thousands to the area each May.

Lindsay has lived in the Ottawa/Gatineau area her whole life. When she’s not touring the city in search of the hottest new neighbourhoods she’s busy writing fiction and enjoying life with her husband and two dogs.

34 YPNEXTHOME.CA

What’s Online

Trending now The latest real estate news from across Canada MILLENNIAL SENTIMENTS % of future millennial buyers who say coming up with the required down payment is the biggest obstacle to homeownership

% who say “With a lot of help, maybe” (YPNextHome survey)

(CIBC poll)

25% 54%

25%

% of Canadians who say something should be done to help the younger generation enter the housing market (CIBC poll)

% who believe they will be able to buy a home in the next five years (YPNextHome survey)

45%

Quiz: Can you guess the prices of these Canadian homes?

TAKE THE QUIZ ONLINE

56%

ypnexthome.ca/quiz-prices

500,000 reasons to teach our kids about real estate now % of millennials who don’t believe they will be able to buy a home in Canada within the next five years (YPNextHome survey)

READ THE STORY ONLINE ypnexthome.ca/500k-reasons

Medical marijuana: Living high in these neighbourhoods READ THE STORY ONLINE ypnexthome.ca/medical-marijuana

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MOVE IN THIS SUMMER! 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.

OVER

50% SOLD!

Starting From

$298,900

• 52 Units over 6 floors • Designed by Barry J. Hobin Architects • Next to the old Grace Hospital

TOUR OUR FULLY DECORATED MODEL SUITE TODAY

www.tamarackwellington.com

1140 Wellington St West