Eastern Ontario New Home & Condo Guide - Jun 24, 2017

JUN 24 - JUL 8, 2017 VOLUME 17, ISSUE 13, FREE

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EASTERN ONTARIO EDITION

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Something for everyone at Miller’s Crossing

INSIDE THIS ISSUE

CLOSING THE DEAL: WHAT YOU NEED TO KNOW

4 QUESTIONS TO ASK YOUR MORTGAGE BROKER

IT IE S

spotlight on condos

LITTLE ITALY: ENERGETIC, PROUD & WELCOMING

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ottawahomes.minto.com

SPOTLIGHT ON DESIGN BEAUTIFUL CONTEMPORARY HOMES

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

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

2 BRAND NEW DESIGNS THE CLAIRMONT 36’ Single Family Home

36’ CLAIRMONT C 2,188 sq. ft.

THE FRONTENAC 43’ Single Family Home

43’ FRONTENAC D 2,736 sq. ft.

Now available in these communities, visit ottawahomes.minto.com to view floorplans

ORLÉANS

36’ GEORGIAN SHOW HOME 2,339 sq. ft.

Take a Show Home tour in one of these Minto communities across the city

Avalon Encore, Orléans 2370 Tenth Line Road

Arcadia, Kanata 380 Huntmar Drive

GREAT HOME DESIGNS, GREAT INCLUDED FEATURES

ORLÉANS

UP TO $20,000 IN DESIGN STUDIO CREDITS PLUS INCLUDED UPGRADES

Townhomes

Detached Homes

From 239,990 From $358,990 $

SALES CENTRE 2496 Tenth Line Rd • 613-837-5056

ELEVATION ‘B1’

Village Home, The Appleby ‘B1’, 1,100 Sq.Ft. $241,990 Includes: 3 Stainless Steel Appliances & $7,500 at Décor

SALES CENTRE HOURS MODEL HOME HOURS

Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm

The Walnut Model Home in Summerside West, Orléans

30' Home, The Wintergreen ‘C’, 2,115 Sq.Ft. $427,990

36' Home, The Sycamore ‘B’, 2,317 Sq.Ft. $491,990

43' Home, The Westlynn ‘B’, 2,907 Sq.Ft. $522,990

Includes: 9' Ceilings on Main Floor, Hearth & Home, Rec. Room Ready, Premium Included & $20,000 at Décor

Includes: 9' Ceilings on Main & Second Floor, Rec. Room Ready, Next Step, Bath Oasis, Chef's Kitchen, Premium Included & $20,000 at Décor

Includes: $10,000 at Décor

ELEVATION ‘A’

Townhome, The Pristine Corner ‘A’, 1,752 Sq.Ft. $334,990 Includes: 3 Stainless Steel Appliances, Rec. Room Ready, Hearth & Home, Bath Oasis & $15,000 at Décor

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

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

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

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

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

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

SOPHIA II B (Findlay Creek)

THE MOONEY’S BAY (Hunt Club)

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

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

JACKSON (Barrhaven)

DUNHAM(Riverside South)

Immediate Availability 3030 sq ft Single Home (Lot 98) Over $30K in upgrades Only $633,530

Immediate Availability 2725 sq ft Single Model Home (Lot 9) Over $20K in upgrades Only $543,950

TRILLIUM 4 (Navan)

UNITY (Kanata)

Availabile Summer 2017 2205 sq ft Townhome (Block 49 Unit 253) Only $343,900

Immediate Availability 1875 sq ft Townhome (Block 10 Unit 53) Over $30K in upgrades, corner unit Only $394,900

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

contents JUNE 24 – JULY 8, 2017 | VOLUME 17 ISSUE 13

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES, NATIONAL

Moe Lalani DIRECTOR, CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds SALES MANAGER, EASTERN ONTARIO

Paul Bimm MANAGING EDITOR

Wayne Karl ART DIRECTOR

Tammy Leung CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit Lydia McNutt

20 ON THE COVER

Cardel Homes Something for everyone at Miller’s Crossing

C04 advice

SALES CO-ORDINATOR, EASTERN ONTARIO

Sarah Khan

SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

C10 Fundamentally Speaking

John Jenkins

3 reasons Americans won’t be buying up all our homes

PRODUCTION MANAGER

by Wayne Karl

PRODUCTION CO-ORDINATOR

C14 Home Smarts

Closing the deal on your new home purchase

Anthony Majetic Dennis Ng GRAPHIC DESIGNERS

Dennis Ng

by Marnie Bennett

018 Mortgage Advice Condo Insert | C01-C16

4 questions to ask your mortgage broker

Spotlight on Condos

by Alyssa Furtado

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

PUBLISHED Saturdays, 2017 Publishing Schedule:

neighbourhood profile

ADVERTISING Call 416.626.4200 for advertising

C12 Little Italy

rates and information.

Energetic, proud and welcoming

010 Editor’s Note 022 Hot Properties 024 Advertisers Index

NEIGHBOURHOOD

property profile

C04 Claridge Homes

Claridge Icon – the view is great from the top

020 Cardel Homes

Something for everyone at Miller’s Crossing

HOME SEARCH

CIRCULATION Highly targeted, free distribution

system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1-855826-4200 to discuss distribution opportunities.

COPYRIGHT 2017 All rights reserved by Yellow

+ online

026 What’s Online

Bi-weekly Jan.-June and Aug.-Nov. Monthly: July & Dec. 1

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

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

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DYNAMIC MAPS

LOOK FOR THE CIRCLE

parties will be considered. Email wayne.karl@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

NEW LOT RELEASE VISIT OUR MODEL HOME

THRIVE at eQuinelle Ta ke a c lose loo k at yo ur future!

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Enjoy life in a natural setting, steps from the community park and all the amazing amenities of eQuinelle’s spectacular Resident Club.

Visit this weekend and tour our 4 designer decorated model homes!

Single Family Homes in Kemptville starting from $349,000

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613-258-6488

*Prices and specifications are subject to change without notice. All renderings are artist’s concept. E. & O.E.

Editor’s Note

Where will we find the ‘missing middle’?

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

SO MUCH HAS BEEN MADE and written about the growing housing affordability challenges in Ontario. More and more people, declining supply of new homes, even fewer housing options – all of it leading to fast rising home prices. Make that, prohibitive price growth, at least in terms of future generations being able to buy a home in markets such as Toronto.

So, what’s the answer?

Builders continue to lobby government to loosen up policy to allow more new homes – particularly lowrise – to be built where they’re needed. The province seems to be listening, but this type of change will not happen overnight.

According to a new report by the Canadian Centre for Economic Analysis (CANCEA), part of the solution involves facilitating the increased supply of the “missing middle” – semis, townhomes and multi-plexes.

Even a minor increase in intensification of these property types, CANCEA says, would slow rapidly rising housing costs.

ONLINE

SEE MORE PHOTOS ONLINE

LITTLE ITALY IS the heart of Ottawa’s Italian community.

Founded in 1900 by Italian immigrants, it has grown into a strong, energetic community. Read the full story… ypnexthome.ca/little-italy

+ get social 10 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

MORTGAGE PAYMENTS F O R A YECOANTRES!T

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Live 10 minutes from downtown in a large Energy Star Certified move-in ready Condo, or customize your Townhome located next to shopping and green spaces. Enjoy the private balcony, hardwood flooring throughout the living/dinning rooms, and 2 private ensuites.** Our homes already include air conditioning and 6 appliances!

Prices start at $302,900 $312,900 602 Danaca Private, Ottawa

Monday - Thursday: 12pm - 7pm

Call: (613) 680-4771

Friday - Sunday: 12pm - 5pm

** See sales consultant for details. Prices, terms and specifications are subject to change without notice. E & O.E. * No purchase necessary. Internet access may be required. Enter December 13th, 2016 – December 12th, 2017 for a chance to win. Prize Draw Dec. 14th, 2017. Only open to homeowners who bought or will buy a new Valecraft Home in Ottawa or Embrun between December 13th, 2016 – December 12th, 2017, who will have a mortgage on it in 2018 and who are legal residents of Ontario over the age of majority. Limit of one (1) entry per Mortgagor as defined. Skill-testing question and Release required. One Prize of mortgage payments up to $1,500/month during 2018 (ARV $18,000). Odds of winning depend on number of eligible entries received. Restrictions apply. Full rules and entry information at valecraft.com.

JUN 24 - JUL 8, 2017 VOLUME 17, ISSUE 13, FREE

EASTERN ONTARIO EDITION

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

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spotlight on condos

EXCEPTIONAL CONDOMINIUM HOMES FROM $242,900

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

spotlight on condos

5% DOWN *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.

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Property Profile | CLARIDGE HOMES

spotlight on condos

condo cover story

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Claridge Icon The view is great from the top

Location

Little Italy Builder

Claridge BOLD, 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 Claridge Icon, set to open December 2019.

Indeed, Claridge Icon will be instantly iconic, rising above all other residential condo buildings in the city to be its tallest at 45 storeys (485 ft. tall). 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.

Claridge Icon is directly across the street from Dow’s Lake, the marina, and Commissioners Park, which is home to the annual Tulip Festival.

With breathtaking views of the city’s skyline, including Dow’s Lake, the canal, and the not so distant Gatineau Hills, Claridge Icon is one of the best places in the city to watch the Tulip Festival fireworks and the Canada Day fireworks. Your new home is only steps

Development

Icon Home Type

Condominiums Sales Centre

485 Preston St. Contact

613.695.1441 Icon@claridgehomes.com claridgeIcon.com

from a network of bike paths, plenty of greenspace and the indulgences of Little Italy.

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 preeminent firms, who raised the bar with their 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 22 floorplans to suit your lifestyle – from onebedroom suites starting at 610 sq. ft. to the 1,630-sq.-ft., two-bedroom plus den suite. The 320 suites come standard with hardwood, granite countertops, nine-ft. ceilings, and most suites include floor-to-ceiling windows.

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 one of the city’s largest condominium builder with more than 2,000 homes currently under construction, Claridge

has transformed 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.

JUN 24 - JUL 8, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C5

Meet

Karen

At The Corners on Main, you can count on her to help you find your perfect fit.

Large condos right around the corner.

Karen Watts

spotlight on condos

Lead Sales Associate The Corners on Main

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Plan your visit to the award winning presentation centre today.

Find Us: Mon-Thurs 12-6pm Sat-Sun 12-5pm 223 Main Street 613-806-6246

cornersonmain.ca

I live in

.

CARDELHOMES.COM SINGLE-FAMILY HOMES

CONDOMINIUMS

spotlight on condos

I live for simplicity.

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spotlight on condos

Your new home on Dow’s Lake

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Be a part of something Iconic 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

MOVE IN READY LOCATIONS

AROUND THE CITY $ 2OF

0KF*

0KF*

$ 2OF

WATERSTREET

TRIBECA EAST

Studio, 1 & 2 bedroom units starting from $335,000

1 & 2 bedroom units starting from $345,000

300 Lett Street 613-232-2049

112-316 Bruyère Street 613-680-6560

56 Nepean Street 613-234-1780

STIRLING PARK

CLARIDGE PLAZA

CLARIDGE ICON

1 & 2 bedroom units starting from $272,000

Studio, 1 & 2 bedroom units starting from $245,000

1 & 2 bedroom units starting from $291,000

107-330 Titan Private 613-224-0330

244 Rideau Street 613-241-3235

485 Preston Street 613-695-1441

0KF*

$ 2OF

N R TIO DEUC UNSTR N CO

FUSION 1, 2 & 3 bedroom units starting from $282,000

* 20K deals valid for corresponding buildings only. Valid until September 1, 2017 for 2 bedroom condos and Fusion Boutique Townhomes. Conditions apply, contact a sales representative for more details.

URBAN OASIS ON THE EDGE OF DOWNTOWN

SAVE $20,000

WHEN YOU PURCHASE ANY TWO BEDROOM CONDOMINIUM OR BOUTIQUE TOWNHOME! Purchase and close before September 1, 2017. Conditions apply, see sales representative for more details.

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

spotlight on condos

FIND YOUR

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Advice | FUNDAMENTALLY SPEAKING

3 reasons Americans won’t be gobbling up Canadian homes

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AS DONALD TRUMP continues to

make friends all over the world (insert winking emoji here), Americans may still be dreaming of moving to Canada and buying up homes here.

BUT, THEY SHOULDN’T BANK ON IT The “possibility” was well publicized leading up to the election last November, with search terms such as “How to move to Canada” and “How to become a Canadian citizen” skyrocketing on Google.

Royal LePage Canada and others more recently fanned the flames even more.

“American web traffic on royallepage.ca, has been highly correlated to recent U.S. political events. U.S.-originated sessions surged 329 per cent the day following the election and climbed 210.1 per cent year-over-year the week after Donald Trump’s victory,” a release from the realty firm said earlier this year.

We can’t blame Royal LePage for publicizing the web search trend. It’s the company’s job, after all, to sell homes.

But it’s a bit of a stretch that Canadians should batten down the hatches and prepare for an onslaught of Americans offering wheelbarrows full of U.S. greenbacks for their Canadian homes.

Here’s why: IMMIGRATION LAWS “We have express entry, and each

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province has numerous programs,” Robin Seligman, a Toronto-based a specialist in Canadian immigration law, told New Home Guide. “As well, we have options for work permits if the person has an employer in Canada, or under NAFTA if they are on the professional list.

“We also have the labour market impact stream, so employers in many cases must first try to hire a Canadian or permanent resident for the job,” she says. “However, there are many exemptions, including intra-company transfers and NAFTA exemptions.”

TAX ISSUES “For U.S., citizens, they will need to deal with various U.S. tax issues as a result of their U.S. citizenship,” says George Dube, a partner at BDO Canada LLP, Waterloo, Ont. “And, they will need to abide by different tax regulations while considered a non-resident of Canada versus as a resident, such as withholding taxes, filing requirements, eligibility for

deductions and credits.

“Owning a home for personal use, versus investing in a rental property, from a tax perspective, is easier to deal with. There are still issues such as changes to the principal residence exemption rules that came about last fall.”

MORTGAGE REGULATIONS “Foreign buyers – including Americans – will have a more difficult time qualifying for a mortgage than Canadians,” says James Laird, cofounder of RateHub and president of CanWise brokerage. “The down payment requirement is higher, and there are additional challenges around proving income.”

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

spotlight on condos

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Neighbourhood Profile

Little Italy Energetic, proud and welcoming

Fast facts

By Lindsay Foran

Average household income

$61,988 MORE PHOTOS ONLINE nexthome.yp.ca/little-italy

Family structure SINGLES

COUPLES

FAMILIES

52%

30%

18%

Own vs. rent

71%

RENTERS

ITALY IS LOCATED IN Centretown West and is the heart of Ottawa’s Italian community. Founded in 1900 by Italian immigrants, the neighbourhood has grown into a strong, energetic community.

Lifestyle Cultural pride is second to none in Little Italy. Whether it’s St. Anthony’s Feast, which draws more than 10,000 people to the steps of St. Anthony’s Church every year, or Italian Week, residents are proud to celebrate their traditions and happy to share them with Canadians of any nationality.

Soccer is like a religion for many residents of Little Italy.

Vibe Little Italy is one of Ottawa’s most vibrant and exciting neighbourhoods.

Entering through the archway on Preston Street (also known as Corso Italia), lit at night with the Italian flag, it feels as if you have entered another world, where fun and family are paramount. There isn’t a better place in the city to enjoy a soccer game at a local pub.

Meet the neighbours Historically, the neighbourhood was primarily made up of Italian families. In recent years, however, demographics have evolved, now offering a wider diversity and mix of heritages. This is a diverse neighbourhood ranging from young professionals in highrise condos to retirees in small bungalows.

Planes, trains & automobiles With access to many major bus routes and close to the O-Train, getting around on public transportation isn’t a problem. Very walkable, major landmarks and destinations, including downtown are a reasonable distance away. For drivers, parking can be a challenge in the evenings and on weekends.

The good, the bad & the rest Little Italy is a great jumping off point for many of Ottawa’s most important landmarks. Close to Dow’s Lake, the Rideau River, Carleton University and Le Breton Flats, Little Italy is a convenient area for outdoor enthusiasts, students and

29% OWNERS

Most common housing type HIGHRISE

Education levels

44%

UNIVERSITY

38%

HIGH SCHOOL

SOURCE: ENVIRONICS

professionals alike. For cultural exploration, start your adventure in Little Italy and continue into Chinatown, located just at the edge of Little Italy at Somerset Street.

Real estate The good? If you like to be part of the action, then Little Italy is the neighbourhood for you. You can participate in the year-round cultural activities or unwind in one of the many bars and clubs that line Preston Street. It can be a tad busy, but who doesn’t want to be at the centre of so much action?

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.

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18%

COLLEGE

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DOWNTOWN LIVING + RICHCRAFT QUALITY

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Advice | HOME SMARTS

Cheers: It’s closing time!

By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice I’VE NEVER THOUGHT the term “closing” did justice to that incredible day when buyers finally take possession of their new home. It’s the culmination of months of planning and waiting, and your excitement will be practically at a fever pitch.

Considering this is the day you’re handed the key to your front door, “opening” seems a more appropriate word for it.

Of course, the term actually refers to “closing” the deal. Technically, it’s the process whereby the title of the property will be transferred to your name, and the mortgage will be transferred from your lender to the builder. These are among the duties of your real estate lawyer, with whom you’ll meet on closing day.

These meetings often take place in the afternoon, and it’s more than likely you have spent the morning doing last-minute packing. While your head is buzzing with all there is to do, you’ll be asked to sign on the dotted line – many times.

You’ll be signing mortgage and title documents, each of which will be carefully explained by your lawyer.

Come prepared with personal ID and your cheque book, as well as bank drafts or certified cheques to cover various closing costs. (Your lawyer will have given you specific instructions.) I’ve talked about additional fees in detail before, but here, briefly, are some fees you may be expected to pay upon closing: legal fees, school levies, utility C14 YPNEXTHOME.CA

connections, Land Transfer Tax (part or all of which may be rebated) and the Tarion Warranty Corp. fee (which is often included in your home’s price, but sometimes paid upon closing). You may have already given funds to your lawyer in trust, in which case you’ll receive an itemized list of the fees paid.

The closing process is slightly more complicated for buyers of new condos, in that there are actually two different closing dates: The occupancy closing date, or “interim closing,” which marks the day that you may move in; and the final closing date, which is the day that the title is officially transferred to you – typically several months after interim closing. This delay occurs because the condo building must be inspected and registered by the

municipality before titles can be transferred.

The last piece of official business is the best: Opening your palm to receive your keys from your lawyer or builder’s representative. Jingling never sounded so good.

To receive a free copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars When You Buy” email sales@bennettpros.com Marnie Bennett is a broker and CEO of the Bennett Property Shop Realty, a full premium service real estate brokerage specializing in marketing and selling new and resale homes, condominiums and investment real estate. Marnie is the host of two weekly radio shows Marnie’s Real Estate Hour and The Real Estate Edge, a millionaire real estate investor and a wealth management coach. bennettpros.com

Live and Play ON THE

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spotlight on condos

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spotlight on condos

Grand Opening

MODELS OPEN JUNE 24 at NOON

Artists concept. E&OE

22 EURO TOWNES ON STITTSVILLE MAIN STREET

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

SINGLE FAMILY HOMES Luxury homes near Gatineau Park

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8865 Jeanne d’Arc Blvd. N., Orléans

29 KM FROM PARLIAMENT Loreka Court, Ottawa

26 KM FROM PARLIAMENT 126-4 Battersea Crescent , Ottawa

51 KM FROM PARLIAMENT 117 McGregor St., Carleton Place

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

LOTS You want to build your dream home?

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

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

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

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

Advice | MORTGAGE ADVICE

4 questions to ask your mortgage broker

By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

BEFORE SEARCHING for a home, you should get a mortgage pre-approval.

Getting one is a great start but it won’t guarantee you’ll get the best mortgage rates.

To ensure you’re getting the lowest mortgage rate, you should use a mortgage broker. A broker shops your application around to a variety of lenders before picking one with the lowest rate and the best terms.

However, finding a broker is similar to finding a real estate agent. You want the best but how do you know who’s right for you?

HERE ARE SOME QUESTIONS TO ASK:

of their business with just a few of them. That gives them the ability to get lower rates and volume discounts that are passed on directly to you.

Brokers can provide you with a list of the lenders they work with, including the ones they use the most.

1. How long have you been a broker?

If you’re a newcomer or a first-time homebuyer, you want someone with a lot of experience in the industry.

Someone with years of experience will recommend the best product for your situation instead of a standard five-year fixed mortgage. If a shorterterm mortgage is better for you, you’ll want a broker who will recognize what’s ideal for your circumstances.

2. How many lenders do you work with?

If you get a mortgage from your financial institution, you’ll only have one lender to choose from. However, brokers work with a number of lenders, which allows them to pick the lender who works best for your situation.

Although brokers work with many lenders, they tend to do the majority 18 YPNEXTHOME.CA

3. What’s the application process?

As we move away from face-to-face communications, you should use a broker whose communication style is similar to yours. Do they prefer to communicate over the phone, in person or through email? Do they accept electronic signatures or want you to come in to sign documents?

Your broker should take you through the steps to ensure the mortgage is suitable for you and explain anything you don’t understand. The way they communicate this to you should be in a way that you’re most comfortable with so the whole mortgage application process runs smoothly.

4. How are you paid?

You don’t have to pay mortgage

brokers for their services, but keep in mind they don’t work for free.

They’re paid by the lender who takes on your mortgage and the broker’s commission is usually between 0.5 and 1.2 per cent of the mortgage amount. Also, if the mortgage term is longer, they get paid a higher commission. Your broker should explain how they’re paid.

THE BOTTOM LINE

When you’ve found a mortgage broker you like, you can start the mortgage application process. Once you’ve been pre-approved, compare the mortgage rate quote you receive with the best rates. If it’s different, ask why. Your mortgage broker should be able to tell you why you do or don’t qualify for the lowest rate. If you’ve chosen the right broker, their answer should be clear.

Alyssa Furtado is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

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Property Profile | CARDEL HOMES

cover story

Miller’s Crossing Townhomes

Artist’s concept

The best time to buy Something for everyone at Miller’s Crossing IT COMES AS no surprise that Cardel Homes chose to return to Carleton Place for its latest development.

Only a short 20-minture drive to Kanata, this master-planned community offers a small town feel with big city amenities and an abundance of nature at its doorstep.

Miller’s Crossing offers new and affordable options in an area familiar to many buyers. When completed, this community will include a total of 288 homes, with townhomes, two-storey singles and bungalows on 43- and 47ft. lots and multi-family units to come later in the development.

Cardel is well known for its thoughtful plans and also offers several elevation styles for single-family 20 YPNEXTHOME.CA

homes. Buyers can opt for Canadiana, modern urban or traditional exteriors that enhance the streetscape and natural surroundings. The community is bordered by nature, parks, a pond and community centre; while the entire development lies adjacent to greenspace protected from future development.

With pre-construction pricing now in effect and three model homes coming this summer, now is definitely the best time to buy. Just a sampling of the 15 plans, the single-family model homes will feature stunning open plan designs, a two-storey Great Room and fireplace, butler pantry, walk-in shower and oversized windows. These stunning single-family

homes start at just the low $420’s.

Cardel’s new Balsa townhome comes complete with impressive features including air conditioning, humidifier, stainless steel appliances, hardwood and ceramic tile on the main and a finished basement rec room. The townhomes combine low-maintenance convenience and affordability from the $290’s – significantly less than comparable homes in nearby communities.

Come by and learn more by visiting Cardel’s sales centre located at the corner of McNeely and Hwy. 7 (just beside the Starbucks).

Visit cardelhomes.com for sales hours and registration updates.

“

The Cornell

Artist’s concept

”

Buyers can opt for Canadiana, modern urban or traditional exteriors that enhance the streetscape and natural surroundings.

Location

Carleton Place Builder

Cardel Homes Development

Miller’s Crossing Home Type

Single-family homes and townhomes Sales Centre

McNeely and Hwy. 7 Contact

cardelhomes.com

JUN 24 - JUL 8, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 21

Hot Properties

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

LATEST LISTINGS

MILLER'S CROSSING BY CARDEL HOMES

CARLETON CROSSING

MILLER'S CROSSING

TRIBECA LOFTS

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

By: Cardel Homes City: Carleton Place Housing type: Singles, Townhomes Contact: 613.836.9521 cardelhomes.com

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

STITTSVILLE WALK ON MAIN

ICON

THE CORNERS ON MAIN

By: Byrex City: Stittsville Housing type: Towns, Carriage homes Contact: 613.233.8606 stittsvillewalk.com

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

By: Domicile City: Ottawa Housing type: Condominium Contact: 613.806.6246 cornersonmain.ca

BLACKSTONE

SUNDANCE

eQUINELLE

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

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

By: eQ Homes City: Kemptville Housing type: Singles Contact: 613.258.6488 eqhomes.ca

22 YPNEXTHOME.CA

ICON BY CLARIDGE HOMES

TERRACES AT GREYSTONE

MAHOGANY

THE BOWERY CONDOS & LOFTS

By: eQ Homes City: Greystone Housing type: Condominium greystonevillage.ca

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

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

TIMBERWOOD TOWNS

HARMONY

GALLERY TOWNHOMES

By: Greatwise City: Ottawa West Housing type: Freehold Towns Contact: 613.693.0808 twtowns.com

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

GOTHAM

POTTER'S KEY

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

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

SOHO CHAMPAGNE

ST CHARLES MARKET

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

By: Modbox Developments City: Ottawa Housing type: Condominiums Contact: 613.301.7782 stcharlesmarket.com

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

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

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

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

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

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

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

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

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 24 - JUL 8, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 23

Ad Index

Builder Name

Site Name

Almonte

Phoenix Homes

White Tail Ridge

x

Carleton Place

Brigil

Carleton Crossing

x

Carleton Place

Cardel Homes

Miller's Crossing

x

Carp

Phoenix Homes

Diamondview Estates

x

Hunt Club

Claridge Homes

Hunt Club Flats

Kanata

Claridge Homes

Bridlewood Trails

Kanata

Phoenix Homes

Fernbank

Kanata

Phoenix Homes

Terra Flats

Stittsville

Byrex Developments Inc

Stittsville Walk

Stittsville

Mattamy

Traditions II

Stittsville

Minto

Barrhaven

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 x

From $390's

12, 13

x

From $290's

16, 17

x

Inquire

11

From $300's

12, 13

x

From $277,900

6, 7

x

From $391,900

6, 7

From $350's

12, 13

x

From $200's

12, 13

x

From $317,900

15

x

x

From $316,990

4, 5

Potter's Key

x

x

From $344,900

2, 3

Claridge Homes

West Pointe Village

x

x

From $602,900

6, 7

Barrhaven

Minto

Quinn's Pointe

x

x

From $254,500

2, 3

Barrhaven

Minto

Harmony

x

x

Inquire

2, 3

Barrhaven

Phoenix Homes

Felton Court

x

From $270's

12, 13

Findlay Creek

Phoenix Homes

Pathways

x

From $200's

12, 13

Kemptville

eQ Homes

eQuinelle

x

From $300's

9

Kemptville

Glenview Homes

Tempo

x

From $319,990

27

Ottawa South

Claridge Homes

Summerhill Village

x

From $536,900

6, 7

Ottawa South

Claridge Homes

Sundance

x

From $592,900

6, 7

Brigil

Plateau Du Parc

From $340's

16, 17

Navan

Claridge

Spring Valley Trails

x

From $292,900

6, 7

Orléans

Claridge

Royal Ridge

x

From $199,900

6, 7

Orléans

Minto

Avalon Encore

x

From $285,900

2, 3

Orléans

Phoenix Homes

Hillside Vista

x

From $250's

12, 13

x

x

x

x

SOUTH

x

x

NORTH Gatineau

x

EAST

24 YPNEXTHOME.CA

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

CENTRAL Ottawa

Valecraft

Aviation Private

Ottawa West

Greatwise

Timberwood Towns

Brockville

Fuller

Downtown

x

From $302,900

14

x

From $459,900

27

Tall Ships Landing

x

Inquire

C15

Lamb

Gotham

x

From 242,900

C3

Downtown

Claridge Homes

Icon

x

From $291,000

C8, C9

Downtown

Claridge Homes

The Lofts

x

From $400's

C8, C9

Downtown

Claridge Homes

Tribeca

x

From $345,000

C8, C9

Downtown

Richcraft

The Bowery

x

From $194,000

C13

Gatineau

Brigil

Domaine Du Vieux-Port

x

From $260's

16, 17

Gatineau

Brigil

Horizon

x

Inquire

16, 17

Gatineau

Brigil

Jardins McConnell

x

Inquire

16, 17

Kanata

Cardel

Blackstone

x

From $300's

C7

Orléans

Brigil

Petrie's Landing

x

From $230's

16, 17

Ottawa Central

Brigil

Kanata Lakes

x

Inquire

16, 17

Ottawa Central

Claridge Homes

Claridge Plaza 3 & 4

x

From $232,000

C8, C9

Ottawa Central

Claridge Homes

Fusion

x

From $282,000

C8, C9

Ottawa Central

Claridge Homes

Waterstreet

x

From $250,000

C8, C9

Ottawa Central

Mastercraft Starwood

Soho Champagne

x

From $302,900

C16

Ottawa Central

Modbox

St Charles Market

x

From Low $400's

C2

Ottawa East

Domicile Development Inc

The Corners On Main

x

From Low $300's

C6

Ottawa West

Tamarack

Wellington

x

From $299,068

BC

West Nepean

Claridge Homes

Stirling Park

x

From $279,000

C8, C9

West Ottawa

EQ Homes

Terrace At Greystone

x

From $199,900

C11

CONDO

JUN 24 - JUL 8, 2017 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 25

What’s Online

Trending now The latest real estate news from across Canada

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NOW IN FINDLAY CREEK VILLAGE!

Townhomes So Beautiful...

They’re Suitable For Framing!

Starting at just $299,900, it’s your space, your way. Designed for an active lifestyle, these fully upgraded townhomes make luxury standard and are ready for your artistic touch!

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

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