Eastern Ontario New Home & Condo Guide - Aug 20, 2016

AUG 20 - SEPT 3, 2016 VOLUME 16, ISSUE 15, FREE

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Cardel Returns to Carleton Place Miller’s Crossing Launches INSIDE THIS ISSUE

3 THINGS TO CONSIDER FOR YOUR FIRST MORTGAGE

HOW TO ELIMINATE FEAR OF BUYING A NEW HOME

WHERE ARE THE SAFEST CITIES IN CANADA?

Sign up today for pre-event pricing and early lot selection mintopotterskey.com

Mackenzie Show Home | 2,995 sq. ft.

There’s a Potter’s Key waiting for you.

Come on in...

Introducing Minto Potter’s Key - designed and crafted around the Feedmill Creek conservation area.

This unique community has oversized lots, quiet crescents, 2 community parks and kilometres of walking trails.

It’s a community 60 years in the making from Ottawa’s most trusted home builder.

Don’t miss your opportunity to live in Stittsville’s signature neighbourhood.

Community Grand Opening

SATURDAY

SEPT 17

TH

Potter’s Key Sales Centre – Opening September 17th 6111 Hazeldean Road, Stittsville, ON K2S 1B9

LIFE BY THE RIVER JUST GOT MORE APPEALING

Receive Up To $15,000 In Design Studio Credits Plus Many Included Home Features BARRHAVEN Townhomes

From $231,990

Detached Homes

From $324,990

Proud Partner of the Canadian National Track Cycling Team

SALES CENTRE 3454 Greenbank Road • (613) 825-7932 ELEV. ‘B’

VILLAGE HOME, THE THORNBURY END ‘B’ 1,391 SQ.FT. $244,990 INCLUDES: $10,000 AT DESIGN STUDIO, 3 STAINLESS STEEL APPLIANCES & MASTER ENSUITE

SALES CENTRE HOURS

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

MODEL HOME HOURS

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

The Parkside Model Home in Half Moon Bay, Barrhaven

30' HOME, THE MARIGOLD CORNER ‘C’ 1,710 SQ.FT. $361,990

36' HOME, THE PARKSIDE ‘A’ 2,669 SQ.FT. $459,990

INCLUDES: $15,000 AT DESIGN STUDIO, 9' MAIN FLOOR CEILINGS, REC. ROOM READY, HEARTH & HOME & BATH OASIS

INCLUDES: $15,000 AT DESIGN STUDIO, 9' MAIN FLOOR CEILINGS, REC. ROOM READY & NEXT STEP ELEV. ‘B’

WIDELOT TOWNHOME, THE BERRYGROVE ‘B’ 1,126 SQ.FT. $264,990 INCLUDES: $10,000 AT DESIGN STUDIO, 3 STAINLESS STEEL APPLIANCES & REC. ROOM READY

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.

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

NEW COMMUNITY COMING SOON

KANATA

Stunning one-of-a-kind lots with natural rock features and unprecedented privacy.

BROWNSTONES COMING SOON STARTING FROM $475,000

E. & O. E.

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SALES PAVILION HOURS

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Mon – Thurs: 12 – 7pm Fri – Sun & Holidays: 12 – 5pm 100 Grand Manan Circle (corner of Huntsville Drive and Grand Manan Circle) 613.435.7751

Sign up online to receive Community Updates and exclusive access to new releases!

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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)

RHAPSOdy (Riverside South)

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

Model Home Available Immediately 2085 sq ft Townhome (Block 18 Unit 10) Over $28K in upgrades Only $364,700

TRILLIUM 3 BEd (Barrhaven)

NEw LOTUS II (Orléans)

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 $199,900

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 1295 sq ft 3 Bed Condo Flat (Block B Unit 306) Only $372,900

Immediate Availability 940 sq ft 2 Bed Condo Flat (Block B Unit 101) Only $270,900

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

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contents AUG 20 - SEPT 3, 2016 | VOLUME 16 ISSUE 15

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 ART DIRECTOR

Tammy Leung CONTRIBUTING EDITORS

trending

ON THE COVER

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Cardel Homes Miller’s Crossing launches Aug. 22

Condo Insert | C01-C16

Spotlight on Condos

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

014 Editor’s Note

C06

Finalists for Awards of Distinction announced

024 Crime Rates

Does Ottawa rank among the safest cities in Canada?

028 Personal Finance

Reducing debt Canadians’ top financial priorities

John Jenkins

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

Dennis Ng GRAPHIC DESIGNERS

Miguel Cea Mike Terentiev

inspiration

031 Design Secrets

How to choose furniture that fits your new home

036 Designer Advice Under-foot focus

C12 Mortgage Advice

property profile

NATIONAL CIRCULATION MANAGER

New couples – don’t avoid the ‘money talk’

034 Hot Properties

043 What’s Online

Sarah Khan

038 Personal Finance

advice

042 Neighbourhood Profile

SALES CO-ORDINATOR, EASTERN ONTARIO

020 OHBA

030 Mortgage Rates 040 Advertisers Index

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

3 things to consider before getting your first mortgage

by Aylssa Furtado

C14 Home Smarts

How to overcome your fear of buying a new home

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.

by Marnie Bennett

C06 Claridge Homes

Fusion Condos – Green living, prime location, available now

026 Cardel Homes

Miller’s Crossing in Carleton Place to launch Aug. 22

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 LITTLE ITALY

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

MORE PHOTOS ONLINE ypnexthome.ca/little-italy

Targeted info for your benefit We recently brought a formal focus group of Canadians together to ask about real estate. We specifically questioned what factors in someone’s life would make them want to move. One of the top three reasons was the desire to live in a different neighbourhood.

Respondents said they wanted access to better schools and amenities such as transit, shopping, greenspace and parks.

With so many areas for you to choose from, we created a Canadawide resource of neighbourhood

information and listings — on a local level. On YPNextHome.ca, you’ll find statistical information on more than 2,700 neighbourhoods, featuring data, listings, fun facts and more.

We’ve got a ton of interesting info on key residential neighbourhoods, including photos and video tours. Check out Little Italy, for example.

We hope you’ll explore a few of the neighbourhoods we’ve curated for you on our website. Drop us a line or send a photo to tell us what you love about your favourite neighbourhood.

Land-use rules adding costs

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

+ get social 14 YPNEXTHOME.CA

The issue might be more pressing in Toronto and Vancouver, where housing affordabilty is more seriously challenged, but municipal land-use regulations are having an impact elsewhere in Canada.

This, according to a new study from the independent think-tank the Fraser Institute. The Impact of Land-Use Regulation on Housing Supply in Canada cites Toronto, Vancouver and Calgary as the markets having the most negative impacts.

The first of its kind in Canada,

the study analyses the impact of construction approval times, timeline uncertainty, regulatory costs and fees, rezoning and the effect council and community groups have on development – on the growth of housing supply.

Essentially, the longer the approval process, the more the growth of new housing is reduced, and the more expensive it becomes.

Even in Eastern Ontario, changes to ease the new home approval and construction process would be welcomed, indeed.

Interact with us on social media: ypnexthome

CLOSE ENOUGH T O B E C I T Y,

FAR ENOUGH T O F E E L A N Y T H I N G B U T.

COMING SOON RIVERSIDE SINGLES & TOWNS IN OLD OTTAWA EAST A limited collection of homes alongside the Rideau River, where hiking, biking, and water sports are right outside your doorstep. Connected to downtown with arts, culture, shopping, sports, and entertainment, all just minutes away.

REGISTER AT GREYSTONEVILLAGE.CA

Renderings are Artist’s Concept. E. & O. E.

TWO STOREY, TWO BEDROOM + 100 SQ. FT. BALCONY from only

6

Artist’s Rendering of the Urban Terraces shown.

Appliances Included!

Please Register to view additional renderings and floorplans. E. & O.E.

elevator • underground parking • 6 appliances • granite kitchen countertops • upgraded light fixtures

1 & 2 Bedroom Condos

* Prices subject to change without notice.

visit us at our NEW sales centre & model home

600 Via Campanale Avenue

INTRODUCING THE

VISIONARY SERIES

PRE- LIMITE CON D TIME Inq STRUC OFFER uire TIO !

Tod N BO ay! NU S

The Lincoln 1,400 sq. ft. | Bungalow

The Aristotle 1,275 sq. ft. | Bungalow 2 STOREYS & BUNGALOWS | Choice of look-out or walk-out lots!

*Prices subject to change without notice.

No Rear Neighbours!

Really! visit us at our model home & sales centre

Trending

OHBA names finalists for 2016 Awards of Distinction THE ONTARIO HOME BUILDERS’

Association (OHBA) has named the finalists for its 2016 Awards of Distinction.

Judged by a panel of industry professionals from across Canada, the entries encompass 39 categories of building, design, sales and marketing with submissions from all over Ontario. A complete list of finalists can be found at ohbaaod.ca Winners of the OHBA Awards of Distinction will be announced on Sept. 20 at the Blue Mountain Resort in Collingwood. This year marks the 25th anniversary of the OHBA Awards and the association will reflect on 25 years of building excellence, and the gala awards ceremony will highlight the 2016 OHBA Conference.

In addition to the individual category awards, OHBA will also announce the winner of the coveted 2016 Ontario Home Builder of the Year. Finalists are: Minto Communities – BILD/Durham Region HBA/Greater Ottawa HBA Reid’s Heritage Homes – Guelph & District HBA/Waterloo Region HBA Tridel – BILD

20 YPNEXTHOME.CA

Finalists for the 2016 Ontario Renovator of the Year award are: Amsted Design-Build – Greater Ottawa HBA Eurodale Developments – BILD OakWood Renovation Experts – Greater Ottawa HBA OHBA also invites consumers to vote for the People’s Choice Award.

Anyone can vote, including the general public, by visiting ohbaaod. ca/peopleschoice.php. People’s Choice Award voting goes from Aug. 16 to 26. Finalists for this award, which include the six best projects of the year in both the high- to mid- and lowrise categories, are: Branthaven Homes for: Lake House in Grimsby Fusion Homes for: Solterra Community in Guelph Great Gulf for: Summerlyn Village in Simcoe County Haven Developments for: SIX25BV in Toronto Minto Communities for: Bside at Minto Westside in Toronto Tridel for: Scala in North York

“The Awards of Distinction program recognizes excellence in building, renovations and sales and marketing in Ontario,” says OHBA President John Meinen. “The Awards program is an opportunity for the industry to come together and pay tribute to the creativity, design and technological advances that are happening at every level of building – from single-family homes to midrise and highrise projects. The building industry continues to be a major driving force in our province’s economy and OHBA proudly celebrates the achievements of our members.”

The Ontario Home Builders’ Association is the voice of the building, land development and professional renovation industry in Ontario representing 4,000 member companies organized into 30 local associations across the province.

Our members have built more than 700,000 homes in the last 10 years in more than 500 Ontario communities.

The industry contributes more than $43 billion to Ontario’s economy annually, employing more than 325,000 people across the province.

W in your

MORTGAGE PAYMENTS F O R A YECOANTRES!T

New homes are

waiting to win your heart Brand new designs and layouts are being unveiled in Embrun. Only a handful of Pond Lots available for our new designs. If you need to move in fast we have Early Occupancy homes ready for you.

Don’t miss the opportunity to move into your dream home at $100,000* less than the city.

Bungalows starting at $319,900 2 Storey Single Homes starting at $331,900

Fall in love WITH A A NEW WITH NEW VALECRAFT VALECRAFTHOME HOME

(613) 370-0288 605 Bruxelles St. Embrun ON Limited time offer. See sales consultant for details. *An estimate. Prices, terms and specifications are subject to change without notice. E & O.E.

AUG 20 - SEPT 3, 2016 VOLUME 16, ISSUE 15, FREE

EASTERN ONTARIO EDITION

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

GET UP AND GO WHEREVER AND WHENEVER YOU WANT TO GET YOUR OWN PARKING AT YOUR FRONT STEPS TODAY

GARAGE SALE GET AN INDOOR PARKING

FREE FOR PENTHOUSES*

spotlight on condos

1/2 PRICE FOR 2 BEDROOMS AND UP * FROM AUGUST 1ST TO AUGUST 31ST, 2016

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VISIT US AT OUR SALES GALLERY TO BENEFIT FROM THIS PROMOTION: 264 RIDEAU STREET, OTTAWA MONDAY TO THURSDAY: 12 : 00 PM TO 6 : 00 PM | WEEKENDS: 12:00 PM TO 5:00 PM (CLOSED ON FRIDAYS)

ARTHAUSCONDOS.COM | 613.909.3223 | SALES@ARTHAUSCONDOS.COM *Offer limited to qualified purchasers of 2 bedroom units or more at ArtHaus Condominiums. Limited time offer that is subject to change and may be withdrawn without notice. Offer may not be combined with any other offers. Savings shall be applied as an adjustment on final closing. Ask sales representative for details. Valid for a new purchase only, from August 1st to August 31st, 2016. © 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.

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 C3

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Our showroom shows more than just trims and fixtures.

a domicile development

Visit our condo Presentation Centre at 223 Main Street, Ottawa: MON - THURS: 12 PM - 6 PM SAT - SUN 12 PM - 5 PM

cornersonmain.ca

spotlight on condos

Red Bench from Tim desClouds’ Angling For The North Star series

The Corners on Main is the perfect intersection of culture and craftsmanship. Our condo presentation centre has already become a hot spot for many local artists and community events. Stop by to see what’s going on and get a glimpse of what the future holds for Old Ottawa East.

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Property Profile | CLARIDGE HOMES

condo cover story

Location

LeBreton Flats Builder

spotlight on condos

Claridge Homes

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Development

Fusion Home Type

One-bedroom, one-bathroom and two-bedroom, two-bathroom suites.

Three-bedroom, three-bathroom with a garden and two-bedroom, twobathroom rooftop terrace homes Sales Centre

250 Lett St., Ottawa, open Saturday, Sunday and holidays noon to 5 p.m., Monday to Wednesday noon to 7 p.m., closed Thursday and Friday Contact

613.232.2049 claridgefusion.com

Fusion Condominiums Green living, prime location, ready now IMAGINE LIVING a short walk from Parliament Hill, with kilometres of

bike trails at your doorstep. Wake up each morning with breathtaking views of the Ottawa River and the Gatineau Hills, walk to work and skip the stress of traffic. With the introduction of Claridge’s Fusion condominiums at LeBreton Flats, your dreams can become a reality.

LeBreton Flats is a prime piece of real estate that has been left untouched and is primed for a renaissance under the guidance of the NCC. Construction has now begun, transforming this unused space into what will soon be the most sought-after real estate in the

“At Fusion condos, all of life’s pleasures come together in one eco-friendly living environment”

city. Located just outside the downtown core, with easy access to greenspace, you can’t ask for anything better.

Situated at the eastern edge of LeBreton, Claridge’s Fusion development is a luxurious complex which offers three residential components, perfectly fused together.

Buyers can choose from a six-storey condominium wing, an eight-storey condominium wing, and a collection of stacked boutique townhomes nestled in between. Fusion is a marvelous collection of home styles, each offering buyers comfort, modern elegance and choice.

Inventory-ready units are available for immediate movein and come in a number of different finish packages with some enticing designer upgrades. Choose from a wide array of floorplans, from one-bedroom, one-bathroom suites starting at $288,000, and two-bedroom, twobathroom suites starting at $447,000. There is also the option for larger three-bedroom, three-bathroom homes with a garden, or two-bedroom, two-bathroom homes with a rooftop terrace.

At Fusion condos, all of life’s pleasures come together in one eco-friendly living environment. LeBreton Flats is ideal for walkers and cyclists, with 65 hectares set below the western edge of the escapement on which the Parliament Buildings perch. Within this picturesque greenspace, 40 per cent of the land will be kept green and open, enhanced only with Ottawa’s parks, courtyards and walkways.

LeBreton Flats has always been an under-appreciated jewel of Ottawa and is about to undergo a major rejuvenation, bringing a truly landmark development to the area. Your new home at Fusion will be only steps from the new Pimisi Light Rail Transit (LRT) station, which means you’ll have quick and easy access to the rest of the city.

Claridge has been building homes in Ottawa for almost 30 years, and the family-run company is proud that Fusion will target silver certification within the Leadership in Energy and Environmental Design (LEED) program. Buyers are now, more than ever, concerned with their carbon footprint, and Claridge has gone above and beyond to ensure that Fusion is a green, sustainable and energy efficient development.

Fusion also offers residents private recreation facilities, such as an outdoor pool surrounded by a beautiful wood deck, a clubhouse ideal for summer lounging with a perfect cocktail, and a fully equipped fitness room.

At Fusion, residents can also take advantage of the spectacular sixth floor rooftop terrace and private garden oasis with amazing views of the city’s skyline.

You can be a part of this amazing development, onebedroom starting at $288,000, two-bedroom starting at $447,000. For more information on this offer or to inquire about the Fusion condos, please contact the sales centre at 613.232.2049 or visit claridgefusion.com Model suites are now open.

AUG 20 - SETP 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO C7

Live at Stirling Park for as low as $900/month!* At home with comfort Stirling Park is the perfect spot for your refined lifestyle. Whether you’re starting the next chapter in your life or looking for your first home, Stirling Park provides the comfort and convenience you want starting from $247,000.

spotlight on condos

330 titan Private 613.224.0330

C8

www.claridgestirlingpark.com

*Exclusive with desjardins based on purchase price $247,000, 20% down, interest rate of 2.64% for 53 months, 25 yr amortization. Prices and specifications are subject to change without notice. E.&O.E.

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 $195,000 316 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.

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spotlight on condos

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

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SUMMER

PROMO

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UP TO

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$50,000 OFF * $1,000

TO SPEND AT

mobilia

* Selected suites only. Discount based on unit type. Conditions subject to change without notice.

Valid for a limited time only. Contact or visit a Slater sales representative for details.

WWW.THESLATER.CA / 613.230.0199 All images presented in this document are for illustration purposes only and are subject to change without notice.

Absolute Realty Inc. Brokerage

Independently owned and operated

Live and Play ON THE

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Co-operating Brokers Welcome

spotlight on condos

To book a viewing contact TallShipsLanding@Fuller.ca

C11

Advice | MORTGAGE ADVICE

3 things to consider for your first mortgage

By Alyssa Furtado

MORE ADVICE ONLINE

ratios result in a more comfortable lifestyle. Use these calculations to help determine your purchase price limit. A mortgage affordability calculator can help you determine how much you can afford before visiting your lender.

ypnexthome.ca/news/advice

WHILE THE PROSPECT OF HOME

ownership is exciting, securing a mortgage can be overwhelming for first-time homebuyers. There are many things to consider and unraveling the process can be complicated. If you’re in the early stages of buying, ask yourself these questions to make the dream of home ownership a reality.

How much can I afford?

Every prospective first-time homebuyer asks the question: “How much can I afford?” While factors like income, credit history and employment play a role in the amount that can be borrowed, many lenders use two simple calculations to gauge how much to lend: The gross debt service (GDS) and total debt service (TDS) ratios.

The GDS ratio is made up of potential housing costs, which includes mortgage payments, property taxes, and utility costs. The combined sum of these monthly expenses shouldn’t exceed 32 per cent of monthly income before taxes.

The TDS ratio adds all other forms of debt into the GDS ratio. Loans, lines of credit, car payments and credit card balances all apply. The second rule of affordability is that your entire debt load shouldn’t be more than 40 per cent of your gross monthly income.

It’s important to note that these percentages are maximums and lower C12 YPNEXTHOME.CA

What about the down payment?

Down payments provide security to lenders and are expressed as a percentage of the total value of the home. Homebuyers are required to put a minimum five per cent% down payment on any property under $500,000. For properties costing between $500,000 and $1 million, you need to put down five per cent on the first $500,000 and 10 per cent on the remaining amount (for example, on a $600,000 property, you’d need to put down $35,000). If you put down less than 20 per cent, you’ll need to pay mortgage default insurance, which is commonly known as CMHC Insurance. But if you purchase a property that costs more than $1 million, you need to make a minimum 20 per cent down payment and you don’t need mortgage default insurance.

While typical down payments come from cash savings, government programs can help.

If you’re a first-time homebuyer, you can take advantage of the Home Buyers’ Plan (HBP), which allows up to $25,000 saved in an RRSP to be withdrawn tax-free. If you’re buying with a partner who’s also a first-time homebuyer, they can also withdraw up to $25,000.

The HBP is considered a loan and you must start repaying it two years after you withdrew the money over a 15-year period. If you miss a payment, the amount you don’t pay back is considered taxable income.

Can I pay off the mortgage faster?

Large down payments have the benefit of reducing monthly payments over the amortization period, or the time it takes to pay off the entire mortgage. Most mortgages are amortized over 25 years. Reducing the amortization period to 15 or 20 years will mean your regular payments will increase but you’ll pay off your mortgage faster and save thousands of dollars in interest payments.

Prepayment options can help further reduce the mortgage before the full length of the amortization period. Depending on the type of mortgage, lenders will let you increase your monthly payments or allow lump-sum payments.

And instead of making monthly payments on your mortgage, you can choose to make them weekly or accelerated biweekly. This can reduce the amortization period by a few years.

The bottom line Debt service ratios can help to determine the right price, while a higher down payment and additional prepayments can serve to reduce the amortization period. Striking a balance between price, payments and amortization is the key to affordable homeownership.

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

spotlight on condos

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

C13

Advice | HOME SMARTS

New homes are where the fear is Asking a sales representative the right questions

By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHETHER WE ARE talking about purchasing a TV or a luxury home, I’ve found there are two basic types of shoppers in this world. There are those of you who zero-in on a salesperson, describe exactly what you’re looking for, and wait to be shown what is available. And then, there are those of you who want nothing more than to browse in peace, lining up with your purchase when ready or sneaking out unnoticed if you haven’t found what you are looking for.

Now, I can understand why some of you are apprehensive when approached by a sales representative.

You are afraid of the hard sell. Fair enough. But it’s important to realize that, firstly, the hard sells have pretty much gone with the wind, so there is no need to fear. Secondly, talking to the sales representative can actually yield some useful information you would otherwise miss. If you are unsure as to what you are looking for, a good sales representative can narrow your focus by answering the right questions.

You may ask yourself what kind of questions should I ask? Well, in the case of new homes think of the house in particular, but also think beyond the structure; for instance, “When will the new elementary school be opening?” or “When will the roads be paved?”

When shopping around at sales sites, consider broaching such topics as:

House plans: How flexible is the builder when it comes to altering C14 YPNEXTHOME.CA

floorplans or architecture? Can you turn those two closets into one large walk-in closet?

Finishes: Are samples available of the standard finishes of countertops, cabinets and flooring? Can pot lights or additional outlets be added? Is the builder willing to install crown molding, for an additional cost?

Beyond the home: Are grass and paving included? Are there plans for additional phases? What are the neighbourhood amenities?

Substitutions: According to the contract, is the builder obliged to inform you if one of your chosen finishes is substituted with another?

Can the purchaser supply materials to be substituted and installed?

As the old adage goes, no question is a dumb question. Be sure to bring a list of questions with you, and write down the answers. After visiting a few sales sites, it’s amazing how the information can begin to blend together. A good sales representative will take the time to go through every detail and leave you feeling confident that all aspects of the home and purchase have been addressed.

Price: What is included in the purchase price? Are appliances included? Is the hot water tank rented or purchased?

Are their additional common fees?

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

Visits: How often and under what circumstances can you visit and inspect your home as it is being built?

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

Timeline: What kind of move-in date can you expect? What happens in the case of construction delays? Am I protected in cases of lengthy delays?

spotlight on condos *Offer on selected suites to qualified purchasers. Price subject to change without notice. Offer expires September 18, 2016 or may be withdrawn at any time prior without notice. E&OE.

C15

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PLUS OWN WITH AS LITTLE AS

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spotlight on condos

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TOUR THE BUILDING AND SEE THE SPECTACULAR VIEWS! MOVE IN THIS YEAR Limited number of river front suites in the heart of Westboro, steps to transit, cafés, shops, bike paths, trails and beaches! 80% sold, great selection still available - 1 bedroom, 1 bedroom + den and 2 bedroom suites!

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*Prices and specifications are subject to change without notice. Deposit structure and incentives dependent on unit purchased. Based on 15% down payment at 2.94% 5 year fixed term. Conditions apply. See Sales Rep for details. Renderings are artist’s concept. E.&O.E.

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Trending

CRIME RATES

What are the safest cities in Canada?

By Sonia Bell

TOP 10 SAFEST CITIES IN CANADA …and they’re all in Ontario and Quebec

QUEBEC

10

ONTARIO

1 6 9 4

Crime Severity Index 1. Quebec ............................. 41.8 2. Barrie ................................ 43.3 3. Toronto ............................ 45.7 4. Ottawa .............................. 46.5 5. Guelph .............................. 48.4 6. Sherbrooke ...................... 49.2 7. Hamilton .......................... 50.5 8. St. Catharines-Niagara ... 52.2 9. Gatineau ........................... 53.6 10. Saguenay .......................... 53.8

2 3

5 7

8

SOURCE: Statistics Canada

THE SAFETY OF AN AREA IS ALWAYS

top of mind when searching for a new home. Statistics Canada recently released its study on police-reported crimes in 2015. The 2015 report examines the Crime Severity Index (CSI), which measures the volume as well as the seriousness of each crime 24 YPNEXTHOME.CA

in comparison to others.

This year marked the first time in twelve years that Canada experienced an increase in the CSI – up five per cent year over year.

The overall volume and severity of violent crime was up six per cent, while non-violent crime was up four

per cent. The significant increase in Alberta’s police-reported crime contributed to the national increase.

On a positive note, however, the CSI is still 31 per cent lower when compared to ten years ago in 2005.

This rise in the CSI is largely attributed to more incidences

“Saskatoon and Regina had the highest increase in CSIs, a trend that has sustained itself since 2010, with a 112.5 and 107.6 CSI respectively.”

Police-reported Crime Severity Index and crime rate, by census metropolitan area Crime Severity Index 2015

Crime Severity Index 2014-2015

Crime Rate 2015

Crime Rate 2014-2015

index

% change

rate

% change

Victoria

72.6

16

6,059

10

Vancouver

96.2

1

7,407

1

Abbotsford–Mission

96.2

14

7,452

15

Kelowna

98.0

9

8,170

10

Edmonton

101.6

16

7,625

12

78.3

29

5,279

25

Saskatoon

112.5

2

8,427

2

Regina

107.6

5

8,146

3

Calgary

0 0s

Winnipeg

87.2

8

5,738

6

Thunder Bay

80.1

-11

6,078

-6

Greater Sudbury

59.4

-3

4,319

-5

Barrie

43.3

-1

3,581

-5

Windsor

62.0

8

4,470

5

London

65.4

0

s

5,305

-3

Guelph

48.4

-1

3,811

1

Brantford

77.1

3

5,731

2

Kitchener–Cambridge–Waterloo

59.8

7

4,558

6

St. Catharines–Niagara

52.2

2

3,544

0s

Hamilton

50.5

-1

3,483

-2

Toronto

45.7

2

2,892

2

Peterborough

55.0

3

4,287

-4

Kingston

56.5

2

4,793

-4

Ottawa

46.5

4

3,329

-2

Gatineau

53.6

-5

3,725

1

Montréal

59.1

-2

3,572

-4

Trois-Rivières

56.7

4

3,417

-2

Sherbrooke

49.2

-6

3,204

-3

Québec

41.8

-6

2,959

0s

Saguenay

53.8

-3

3,194

-1

Saint John

56.3

1

4,693

-2

Moncton

78.5

20

6,771

21

Halifax

62.8

-5

4,819

-9

St. John’s

74.1

1

5,885

3

CANADA

69.7

3

5,198

3

True zero or a value rounded to zero Value rounded to 0 (zero) where there is a meaningful distinction between true zero and the value that was rounded

of fraud, breaking and entering, robbery, and homicide. Alberta experienced the largest increase, while other provinces including British Columbia, Ontario and Saskatchewan also experienced small increases. Overall, eight out of 13 provinces and territories reported an increase in the CSI by the end of last year.

Out of the 33 census metropolitan areas (CMAs), 20 reported an increase in CSI. Moncton had a 20-per-cent increase in CSI, Victoria and Edmonton both experienced a 16-per-cent increase, and Abbotsford-Mission had a 14-percent increase. Calgary was up 29 per cent – the largest yearover-year increase. This jump was largely attributed to an increase of breaking and entering, theft under $5,000 and motor vehicle theft.

These types of crime were also responsible for the uptick in New Brunswick, Saskatchewan and the Northwest Territories.

Saskatoon and Regina had the highest increase in CSIs, a trend that has sustained itself since 2010, with a 112.5 and 107.6 CSI respectively.

These cities also experienced an increase in traditional crime rate, which looks at the volume of police-reported crime relative to the population size, and led to a national increase of three per cent. The highest increases were found in Calgary, with a 25-percent increase, and Moncton, experiencing a 21-per-cent increase. However, similar to the CSI, crime rates have also been on a downward trend since the early 90s.

In light of all these increases, what cities came out on top? Here are the top ten safest cities based on CSI. Interestingly, the safest cities all reside in Ontario and Quebec.

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 25

Property Profile | CARDEL HOMES

cover story

Cardel Homes returns to Carleton Place Miller’s Crossing launches Aug. 22 CARDEL HOMES is coming back

to Carleton Place! Building on the success of its Stonewater Bay community, Cardel is poised to launch 15 new single-family designs in Miller’s Crossing this summer, with townhomes and condos soon to follow. Upon completion, Miller’s Crossing will showcase 288 homes, making it the largest master-planned community in Carleton Place.

Cardel is no stranger to this haven on the Mississippi. Its Stonewater Bay community was a big hit with buyers looking to embrace an executive 26 YPNEXTHOME.CA

riverside lifestyle. Now, with the arrival of Miller’s Crossing, even more families can enjoy the tranquil charm of Carleton Place, surrounded by urban conveniences. Featuring brand new plans exclusive to this special community, Miller’s Crossing will offer a range of affordable options for buyers new to the area or looking to move within a town they already love.

Surrounded by nature, including parks, a pond and a community centre, Miller’s Crossing is located adjacent to greenspace protected from future development.

Residents can take advantage of nearby shopping within walking distance, including Canadian Tire, Starbucks, Walmart, Tim Hortons and Independent Grocer. With its full calendar of local events and year-round recreation opportunities, Carleton Place has a sense of community all its own.

Miller’s Crossing will launch with 15 new single-family floorplans, expected to start in the low $400’s.

Plus include four bungalow designs plus a variety of two-storey layouts available on two lot sizes, with several

Location

Carleton Place Builder

Cardel Homes Development

Miller’s Crossing Home Type

Singles and Towns Sales Centre

Unit 1C, 515 Mc Neely Avenue, Carleton Place Contact

cardelhomes.com marc.lincez@cardelhomes.com 613-253-1959

“Featuring brand new plans exclusive to this special community, Miller’s Crossing will offer a range of affordable options for buyers new to the area or looking to move within a town they already love.”

elevation styles to choose from, including Canadiana, contemporary and traditional exteriors. Each home style is designed to complement the nature-draped surroundings and contribute to attractive neighbourhood streetscapes.

For those looking to embrace the easy life, Cardel’s townhomes will combine low-maintenance convenience and affordability. With seven floorplans to choose from, townhomes in Miller’s Crossing include high specification standards and come loaded with features – a great way to enjoy Cardel craftsmanship at a low price point.

Regardless of the style they choose – a single-family home, townhome or a condo (coming soon) – Miller’s Crossing buyers will find lower prices than those for comparable homes in nearby communities like Kanata or Stittsville, without sacrificing a convenient commute or neighbourhood charm. The community’s location is sure to be popular with DND employees moving to the new Kanata HQ, just a short drive from home.

Cardel’s sales centre will open on Aug. 22 at noon at Unit 1C, 515 McNeely Ave., next to Starbucks in the commercial park at McNeely and Hwy. 7. For sales centre hours and to register for updates, visit cardelhomes.com

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 27

Trending

Reducing or eliminating debt is Canadians’ top financial priority: BMO STUDY

CANADIANS’ SINGLE-MOST important financial priority is to reduce or eliminate debt, according to a new BMO Wealth Management report.

The Personal Balance Sheet examined how Canadians adapt financially as they move through different life stages – balancing saving, investing, borrowing and spending to reach their financial goals.

The report found almost onethird (30 per cent) of Canadians said their single-most important financial priority is to reduce or eliminate debt. According to Statistics Canada, the debt-to-disposable income ratio 28 YPNEXTHOME.CA

was 165.3 per cent for the first three months of 2016. This is the amount Canadians owe for every after-tax dollar they earn, that is – $1.65 for every dollar earned.

The BMO report found Canadians’ other financial priorities include:

• Effective investing and tax efficiency, 24 per cent • Saving more, 23 per cent • Budgeting, 14 per cent • Spending on personal needs or goals, four per cent Priorities shifted depending on the age of respondents. While the most

“Financial needs and goals are always changing as people move from one life stage to the next, so it’s important to have the flexibility to adapt your financial strategy accordingly”

“If you experience a financial setback, a financial professional can help you re-establish control over your finances by re-orienting your strategy” important priority for Boomers (ages 35 to 54) is to reduce or eliminate debt (34 per cent), the number one priority for Millennials (ages 18 to 34) is saving more (26 per cent).

Canadians aged 55 and over prioritize effective investing and tax efficiency (29 per cent).

“Financial needs and goals are always changing as people move from one life stage to the next, so it’s important to have the flexibility to adapt your financial strategy accordingly,” says Chris Buttigieg, senior manager, Wealth Planning Strategy, BMO Wealth Management.

“It’s a good idea to re-evaluate your financial plan on a regular basis to ensure your saving, investing, borrowing and spending are in balance as priorities shift over time.”

Conquering financial fears

The report also found that almost one third of Canadians (29 per cent) are concerned they will not be able to save enough to reach their financial goals. Millennials are more likely to have this concern (35 per cent) than Boomers (29 per cent).

Canadians reported the following events had made it difficult for them to save or invest to achieve their financial goals:

• Stock market losses (36 per cent) • Failed business ventures (23 per cent) • Divorce or separation (18 per cent) • Financial loss on a property sale (13 per cent) “These types of financial losses weigh on people’s minds and may make them more tentative, fearful or hesitant to prepare for the future,” says Buttigieg. “If you experience a financial setback, a financial professional can help you re-

establish control over your finances by re-orienting your strategy. This can include introducing plans to reduce, consolidate or eliminate specific debts, or recommending different approaches to saving and investing to help you refocus your financial goals.”

FINANCIAL PLANNING TIPS FOR CANADIANS AT VARIOUS LIFE STAGES:

New Grads: Putting a plan in place to

achieve future goals, such as saving for a down payment for a home or reducing outstanding student debt, is most important. By establishing a budget that focuses on saving and reducing borrowed amounts as opposed to spending on current wants, it may be possible to achieve these goals more quickly.

Parents: When gifts are given to

children on birthdays and holidays, parents may wish to use this tradition as an opportunity to teach children about the importance of balancing between spending on current wants and the desire for future needs.

Parents should also consider life, creditor, critical illness and disability insurance to protect their families in the event the unexpected occurs.

Retirees: Reducing expenses and having a consistent cash flow or income stream in retirement is important to help make accumulated savings last. This is a good time to consider scaling back on financial support paid to younger family members. If one’s goal in retirement is to travel, financial plans should be built with this expectation in mind – including the cost of travel medical insurance.

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 29

Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.6

Alterna Bank

2.45

Bank of Montreal

2.9

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

2.94 4.00op 2.79 6.30op 3.09 6.95op 3.29 6.50op 3.14 6.30op 2.84 6.35op 3.14 3.14 6.35op 2.84 3 3.20op 3.14 6.70op 2.79 3.14 6.75op 2.99 6.30op 3.19

2.29 4.00op 2.34

2.44

2.49

2.59

2.4

2.69

2.48

3.19

3.59

4.09

2.69

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 2.7

3.65 3.39

4.39 4.09

4.64 2.7

2.84 2.94

2.84 2.84

2.89 2.79

2.89 2.89

3.04

3.39

2.64

2.74

3.34 2.34

3.99 2.44

4.44 4.39

4.64

2.84

3.39

2.39

2.59

3.24

3.49

3.69

3.79

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

2.49 2.59

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

2.79 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 2.39

2.34

2.4

2.69

2.48

2.89

2.95

2.99

2.89

2.24 2.79

2.39 2.89

2.49 2.95

2.54 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

4.54

2.85

2.95

3.05

3.15

2.39

2.39

2.49

2.49

6.95op 4.55 6.45op 4 6.45op

2.7 6.95op

Equitable Bank HSBC Bank Canada

2.79

ICICI Bank Canada Manulife Bank

2.75 2.6

National Bank

n/a

President’s Choice Finan 2.70 Royal Bank

2.6

4.45 6.20op 4.45 4.4 6.70op

6.75op TD Canada Trust

2.6

Tangerine

2.7

TRUST COMPANIES Community Trust Effort Trust

n/a n/a

Home Trust Company Investors Group Trust

2.3 n/a

MTCC

2.9

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.45

Comtech Fire C.U.

2.6

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 ypnexthome.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 Aug 15, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700

30 YPNEXTHOME.CA

Inspiration | DESIGNER SECRETS

How to choose...

FURNITURE FOR YOUR NEW HOME THAT FITS

By Jane Lockhart

Much has been written in general terms about the importance of buying the right furniture for your home. But it’s my mission to provide the best, practical advice about shopping for the rightsized furniture so everything fits and functions properly. Basically, I’m going to divulge the design information you usually only get when you pay for it. Listen up.

Although style selection can be challenging, when it comes to sofas, there are really only a few sofa styles. Some have fitted backs, while others are pillowed. Some have curved or rounded arms and yet other sofas have square arms.

So select your style based on how you will be using the sofa. …continued on page 32

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 31

…continued from page 31

It’s all about the arms If you plan to entertain a lot and need a room to feel more open or casual go for a lower arm that’s the full depth of the sofa and square in shape.

This won’t block natural light and it is the most comfortable arm for guests to use. If you plan to lie down a lot on the sofa (watching TV), use a rounded arm that is also a bit lower so it’s easier to rest a pillow against the arm for ultimate comfort.

For formal entertaining which often happens in the living room a sofa with a higher arm keeps guests more upright and more forward facing. It’s harder to lean over and chat with someone else when the arm is higher so this styles works best when it’s set directly across from another sofa or 32 YPNEXTHOME.CA

set of chairs to keep conversation straight ahead, and back and forth.

Sofa or loveseat?

The love seat, or two-seater, was popular decades ago when everyone “bought the set” and everything coordinated perfectly but today we tend not to decorate this way.

Generally, we advise most customers to look for a full-sized sofa combined with a pair of chairs.

This combo allows seating for the most number of guests during a large gathering. Whereas loveseats tend to be “oversized and underused” single chairs, with only one person using it at a time. It can also be too close for comfort for two people to share, especially if they don’t know each other well.

The standard sofa has morphed

into the sofa-chaise combo. Smaller than a sectional, it fits into a room generally the same way that a full three-seater sofa does making it a very versatile piece.

The sofa-chaise has one end of a regular sized sofa extended beyond a regular seat depth. It is usually about 56- to 60-in. long and acts as an ottoman, so one less piece of furniture is required. This also works as an additional seat for casual entertaining, guests will often perch on the end of the chaise as they would an ottoman.

Standard sizes of furniture A typical sofa ranges in size from 84 to 88 in. Any longer than this range would be considered oversized by today’s standards.

In the 1980s, sofas were up to

“The key to measuring for your sofa is not just the sofa size itself but also the furniture that needs to go on either side of it.“ 96 in. long, but with people living in smaller spaces in general, oversized furniture is not only less popular it’s also less useful.

Condo sized sofas are about 72 in. long although some can be as small as 68 or as long as 76 in. The key to measuring for your sofa is not just the sofa size itself but also the furniture that needs to go on either side of it.

Remember that you will need at least

24 in. or two ft. on either side of a sofa for a side table. Although a sofa size may seem small initially, by time you add other pieces around it will look right.

Chairs tend to be in the same size category, from at the smallest at 30 to 36 in. wide, and about 32 to 36 in. in depth. Any smaller and the chair is either a dining chair or it wont be comfortable for really

hunkering in to read or watch TV. For tight spaces consider an armless chair, but remember this chair style may not work for long term sitting, most people prefer an arm to lean into.

Size really does matter when selecting furniture.

For more information, visit janelockhartinteriordesign.com

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 33

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

YOUNG’S COVE

SPRING VALLEY TRAILS

GREYSTONE VILLAGE

By: Briarwood Homes City: Young’s Cove Housing type: Bungalow and two-storey homes Contact: 905.737.4477 youngscove.ca

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

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

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 of popular home designs and several brand new models Contact: 613.435.5706 cardelhomes.com

34 YPNEXTHOME.CA

ARTHAUS CONDOMINUMS By: DevMcGill City: Downtown Ottawa Housing type: Condominium Contact: 613.909.3223 arthauscondos.com

CLARENCE CROSSING

THE CORNERS ON MAIN

TALL SHIPS LANDING

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

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

FUSION BY CLARIDGE HOMES

LIV TOWNS

MINTO BEECHWOOD

RUSSELL TRAILS

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

By: Minto City: Ottawa Housing type: Condo Contact: mintocondosale.com

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

MINTO LANSDOWNE

GALLERY TOWNHOMES

By: Minto City: Ottawa Housing type: Condo Contact: mintocondosale.com

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

UPPERWEST

THE ORCHARD

By: Minto City: Ottawa Housing type: Condo Contact: mintocondosale.com

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

TEMPO By: Glenview City: Kemptville Housing type: Two-storey singles and bungalows with loft options Contact: 613.797.6763 sales@glenviewhomes.com glenviewhomes.com/tempo

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

WHITE TAIL RIDGE

SOHO CHAMPAGNE

FELTON COURT

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

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

SOHO LISGAR

THE BOWERY CONDOS & LOFTS

By: Mastercraft Starwood City: Ottawa Housing type: Condominium Contact: 613.798.7646 soholisgar.com

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

By: Phoenix Homes City: Almonte Housing type: Bungalows and singles Contact: Kellie Connors 613.461.0277 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 By: Valecraft Homes City: Mer Bleue/Orléans Housing type: Single-family homes and executive townhomes Contact: valecraft.com

129 MAIN Builders

By: Warlyn Construciton If you would like to include your preview registration, newEast release or site opening City: Old Ottawa in this feature, just email the details to Housing type: Condominiums sarah.khan@ypnexthome.ca 129main.com AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 35

Inspiration | DESIGNER ADVICE

UNDER-FOOT

FOCUS

By Yanic Simard

CHOOSING BEAUTIFUL NEW WOOD flooring can dramatically change the mood of your home’s interior — brightening, deepening, modernizing or warming up your decor and more! However, after you’ve decided between material compositions and tantalizing tones, there is another huge decision to make — one that can make or break the impact of your important investment: the layout.

Here’s my guide to choosing the right installation pattern to suit your space, so that regardless of what material you choose, you make the most of it!

36 YPNEXTHOME.CA

Straight The most common layout for flooring planks, a straight pattern is typically the easiest to do — especially in standard rectangular or nearly rectangular spaces. In this format, installation usually begins aligned to the longest straight wall, with the planks (or tiles) laid in parallel rows running from one end of the room to the other.

In a straight lay, long lines are created that can help a room appear longer. The linear format of the boards acts like stripes, visually lengthening the axis of the space.

This layout also typically involves the fewest cuts (since many boards will be installed with no cuts at all), resulting in low material waste and fewer hours of work — perfect for DIYers or those sticking to a strict budget.

Because a straight scheme is so classic, it will never go out of style. However, some other options can create a lot more drama, or extend the illusion of a vast space even further.

Try this: If a space is actually too long or narrow, such as a tight hallway or kitchen, laying the boards or tiles perpendicular to the long axis will help widen the look instead of lengthening it even further, bringing proportion to the space.

Diagonal A variation on a straight layout, a diagonal layout either follows one angled wall (if your unit has a less typical shape) or simply runs from corner to corner of the largest room, refusing to be tied down to any wall at all!

A diagonal layout takes the lengthening power of a straight lay

and maximizes it, creating the longest line possible to highlight the full size of an open plan. Diagonal lines also naturally create a dynamic energy, helping the eye move about the space for a livelier atmosphere.

Because a diagonal layout meets all or most walls at an angle, more cuts will need to be made, and the room for error will be higher, lengthening the construction time (and making work tricky for DIY installers).

This look works well in more complex floor plans with no one “best” wall to start from, and elegantly connects adjacent spaces.

Try this: Rather than running the diagonal line directly from corner to corner, use a simple 45-degree angle to keep all the cuts consistent.

Herringbone A herringbone pattern is both a traditional staple and a returned trend, making it a popular choice for creating that high-end look. It’s important though to understand the differences between true herringbone and its cousin, the “chevron” pattern.

The primary difference between the two variations comes down to cutting: a herringbone layout places boards at right angles to each other, creating repeated zig-zag patterns that recall the weave of a classic suiting material. Chevron layouts create the same zig-zag, but with the boards cut to meet at a 45-degree angle, for a more clean and contemporary effect.

Both of these patterns create a bold statement and a powerful feeling of motion. The preference for chevron’s crisp perfection or herringbone’s more subtle charm comes down to personal taste.

This installation naturally

requires more time and patience to achieve than the previous two options. However, the extra cost can be balanced by choosing a less expensive material and letting the layout deliver the drama.

Try this: Consider a herringbone treatment for just a key area, such as an entry vestibule or bathroom tile, to create a moment of interest without committing to the look everywhere.

Complex While it’s often considered safe to stick to the popular standbys, unique designs can have their place in your contemporary condo if you keep an open mind. Here are a few more ideas to get your creative flooring juices flowing: » In a square room, try a square layout. Let the wood start from the edges and work into the centre in concentric layers (meeting at a 45-degree angle in the corners.)

Just make sure the installer plans ahead to achieve a perfect centrepoint! This look is ideal for a dining area with a central table. » An inset tile treatment can make a perfect visual break in an entryway or kitchen, and will stand up to mucky winter boots or the occasional dropped pot. » Patterns will read as more intentional when applied at a larger scale, so if you’re planning a playful parquet, consider using a larger plank to keep the look less busy and more confident. » If your unit is L-shaped (especially if the bend is a more unusual angle), you can change the flooring direction at the intersection — just don’t change it more than once if you can help it, so the look stays mostly consistent.

Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out tidg.ca.

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 37

Trending

New couples – don’t avoid having the ‘money talk’: CIBC Poll WITH AUGUST THE MOST POPULAR

month in Canada for weddings, a new CIBC poll finds that only a third of couples about to get hitched or enter a common-law relationship actually had a serious talk about money. Yet, nearly everyone (99 per cent) admits it’s important to discuss how to plan and manage their finances together as a couple.

“While couples will spend several months planning, in great detail, their ‘big day,’ our poll reveals that very few people actually broach the topic of how to plan and handle their finances once they begin their lives together,” says Jamie Golombek, managing director, tax and estate planning, Wealth Strategies Group, CIBC. “When you’re caught up in the bliss of getting married, talking about money isn’t particularly romantic, but, it shouldn’t be a taboo topic.

Before saying ‘I do,’ it’s important to make sure you are on the same financial page, otherwise you’re setting yourself up for problems down the road.”

In his new report, For richer or poorer: Financial Planning Tips for Newlyweds, Golombek offers advice to couples whether they’re about to tie the knot or simply considering moving in together on when and how to have that money talk and how best to “marry” your money personalities.

KEY POLL FINDINGS INCLUDE:

» Two-thirds (66 per cent) of those who plan to marry or live common law are entering their relationship in debt, including either student, personal, credit card or mortgage debt. Yet, their top financial goal within the first two years of tying the knot is to save up for a trip or vacation (46 per cent).

38 YPNEXTHOME.CA

» One-third (35 per cent) who plan to marry or live common law say they’ve had the money talk in detail, with 40 per cent saying they’ve only discussed how to manage finances together as a couple “briefly.” » Of those who admitted they haven’t talked about money before the big day or the move-in date, most (83 per cent) said they didn’t know either how or when to address the topic or said they plan “to play it by ear.” » 99 per cent say it’s very or somewhat important to discuss how they will plan and discuss their finances as a couple.

Be open and honest The poll findings also show that nearly two-thirds (63 per cent) do not plan to sit down with a financial advisor after their honeymoon or enter into a common-law relationship. Yet, almost a third (31 per cent) say it hadn’t even occurred to them and admit it’s probably a good idea.

“There’s a reason why it’s called a marriage ‘contract,’ but unlike typical contractual arrangements, marriage comes with emotion,” says Golombek. “As couples get caught up in the whirlwind of excitement before their wedding, talking about money can be a delicate, very emotional topic, so it does really help to talk to someone who can be impartial, like a financial advisor, to help with difficult questions and concerns.”

It’s important to have an open and sincere discussion about finances before you take the big step and have it early in your relationship so your relationship has a solid financial footing, he says.

“Perhaps the springboard for

having the ‘big talk’ about money is identifying your and your partner’s philosophies on handling finances,” says Golombek. “If you’re an impulse buyer, and your partner-to-be is a super-saver, he or she may feel your shared goals of saving for the future – for kids, a house, or a car – will be undermined.

“You and your partner don’t need to have the same personality for your relationship to be successful, but discussing your personality differences in advance may prevent tension and stress down the road.”

TIPS TO REDUCE FINANCIAL STRESS IN YOUR RELATIONSHIP

Don’t avoid the money talk: Once you decide to marry and where you will live together, it is important to talk about how you’re going to manage your household expenses.

Share everything: Most useful if you and your partner do in fact share everything. This includes having one joint account and having all of your money deposited into that account.

Share expenses: Create a common plan as a couple for all household expenses and fund a shared joint account so that shared expenses are paid from this account.

One-third (35 per cent) who plan to marry or live common law say they’ve had the money talk in detail, with 40 per cent saying they’ve only discussed how to manage finances together as a couple “briefly.”

expenses, typically three-to-six months’ living expenses

Assign expenses: While less common in first-time marriages, you may decide in advance which expenses each of you will cover.

Speak to a financial advisor: While couples carefully select a professional to record their wedding, supply their flowers and do the makeup, most have no plans to work with a professional to help set up their joint finances. This is a common mistake that can set your marriage back

Plan for savings: Beyond expenses, talk about your future together and saving for common goals, such as buying a car, a home, big-ticket items such as appliances, starting a family or saving for retirement.

Also, set aside money for emergency

A financial advisor can take the emotions out of the money talk by helping couples understand their real priorities and create a joint financial plan based on realistic goals and budgets. These plans are provided free of charge by most banks.

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 39

Ad Index

Builder Name

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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

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21

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40 YPNEXTHOME.CA

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 $339,900

10, 11

Royal Ridge

x

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10, 11

Phoenix

Hillside Vista

x

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16, 17

Orléans

Tamarack

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BC

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EQ Homes

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x

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6, 7

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Downtown

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x

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C8, C9

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x

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Downtown

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C13

Orléans

Domicile Development Inc

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C5

Ottawa Central

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Claridge Plaza 3 & 4

x

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C8, C9

Ottawa Central

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x

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C8, C9

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x

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C8, C9

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x

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C15

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Greatwise Development

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x

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West Nepean

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x

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C8, C9

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Minto

Upperwest

x

From $269,900

C16

x

CONDO

AUG 20 - SEPT 3, 2016 | NEW HOME & CONDO GUIDE EASTERN ONTARIO 41

Neighbourhood Profile

Little Italy Energetic, proud and welcoming

By Lindsay Foran

Fast facts Average household income

MORE PHOTOS ONLINE ypnexthome.ca/little-italy

$61,988 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.

42 YPNEXTHOME.CA

18%

COLLEGE

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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

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1140 Wellington St West

Starting From

$299,068

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