GTA New Home Guide - Feb 3, 2018

GREATER GOLDEN HORSESHOE EDITION

FEB 3 - 17, 2018 | nexthome.ca

Connecting Canadians to new HOMES & CONDOS for more than 25 years NOWING: ER COV ENTIRE H T E GOLDEN ER R G EAT SESHOE HOR

COMING SOON

STEPS AWAY FROM EVERYTHING THAT MATTERS DOWNTOWN TORONTO

INSIDE:

KITCHEN STYLING WITH SARAH RICHARDSON

WHAT IF… TORONTO IS CHOSEN FOR AMAZON HQ2?

ANOTHER CHAPTER IN MENKES’ DOWNTOWN STORY.

Lively. Vibrant. Convenient. in.DE is a great new address in the heart of the city. Set in a dynamic neighbourhood, steps from public transit, it’s close to work, schools, shopping, dining and everything that matters. in.DE is made for those who enjoy city living.

Coming Soon. Register menkes.com

365 CHURCH CHURCH & CARLTON Move-In This Fall Now Previewing Townhomes from the mid $900’s

THE EGLINTON YONGE & EGLINTON Under Construction From the high $400’s

HARBOUR PLAZA HARBOUR & YORK Move-In Early 2018 Now Previewing Penthouses from $2.1 million

87 PETER PETER & KING Under Construction Penthouses from the low $800’s FLEUR CHURCH & SHUTER

Construction Starting This Fall 1, 2 & 3 bedrooms from the low $500’s

LEARN MORE AT THE MENKES CONDO CENTRE AT 770 BAY ST, TORONTO 416.591.7700 @MENKESLIFE See sales representative for details. Prices and specifications are subject to change. Illustrations are artist’s concept only. E.&O.E. 2018.

NOW

MAKE YOUR MOVE

MADIS N CE N T R A L PA RK in HAMILTON

TOWNS 300’s $

from the high

LosaniHomes.com

life illuminated.

Introducing Lumina at Emerald City.

A beacon of elegance in the Fairview Mall Community.

CONDOMI N IUMS FROM THE HIGH $300s REGISTER AT EMERALDCITYLIFE.CA 416.492.0001

Exclusive Listing: Baker Real Estate Incorporated Brokerage. BROKERS PROTECTED. The rendering is an artist’s impression only. Certain design elements are subject to change without notice. The rendering includes a commercial component which is not a part of the condominium.

SKYSPA ON 68TH FLOOR

SKYLOUNGE ON 79TH FLOOR

ICONIC. TIMELESS. CANADIAN. SKYGYM ON 68TH FLOOR

SKYLOUNGE ON 79TH FLOOR

WINE LOCKERS

INDOOR SWIMMING POOL & LOUNGE

PREMIUM HEATED BALCONY IN EVERY SUITE

SKATING RINK IN WINTER, REFLECTIVE POND IN SUMMER

Illuminated maple leaf adorned towers, iconic features like a Rideau Canal inspired skating rink, the luxury of four-season outdoor living spaces and the highest residential amenity in Canada to take in the spectacular views whenever you wish – Concord Canada House is a magnificent celebration of Canada, and is destined to become an iconic and timeless landmark.

CONCORDCANADAHOUSE.CA

| 416.813.0999

The developer reserves the right to make modifications, substitutions, sizes, colours, materials, features, finishes and other specifications without prior notice. Illustrations and renderings are artist’s impressions.

This is not an offering for sale, and any of such can only be made with the applicable offer to purchase and agreement of sale. E&OE.

PLANT YOUR ROOTS IN BEAUTIFUL WELLAND

NOW SELLING! BEAUTIFUL FAMILY-INSPIRED SINGLES AND TOWNS FROM THE MID $300s!

YOU’LL FALL IN LOVE WITH THE IDYLLIC SMALL-TOWN SETTING, BIG-CITY AMENITIES AND EXCEPTIONAL LIVING IN WELLAND!

(905) 714-0647 www.sparrowmeadows.ca WEBBER RD

S. PELHAM RD

TORONTO

SHOW HOME: 511 SILVERWOOD AVE., WELLAND NIAGARA FALLS

EFFINGHAM ST

SILVERWOOD AVE GAISER RD

HOURS: Monday 1-6 p.m.

Wednesday 1-6 p.m.

Thursday 1-6 p.m.

Saturday 1-6 p.m.

Sunday 1-6 p.m.

Tuesday & Friday by appointment Prices are subject to change without notice. E.&O.E.. Subject to availability.

Starting prices exclude lot and construction premium.

FEB 3 – 17, 2018 | VOLUME 26 ISSUE 3

CONTENTS

42

INSPIRATION:

2018 KITCHEN TRENDS FROM JO ALCORN

20

ON THE COVER:

MENKES in.DE CONDOMINIUMS TO LAUNCH AT DUNDAS EAST AND JARVIS 12 NextHome.ca

TRENDING: WHAT IF...

TORONTO GETS AMAZON HQ2?

32

PROPERTY PROFILES

ADVICE

INSPIRATION

20 Menkes

16 BILD Report

38 Style File

An exciting new address coming to Dundas East and Jarvis

56 Empire Communities Love Design, Live Empire inspires homeowners to live beautifully

TRENDING

22 Events Top eight events to look forward to in the GTA in 2018

52 Homebuying Homebuyers favour government that gives first-time buyers a break

58 Housing Market Housing affordability at its worst level since 1990

BILD members do a lot more than just build new homes

BY DAVE WILKES

It’s all in the details –with Sarah Richardson

40 Marketplace Nordic-inspired kitchen essentials

18 Fundamentally Speaking

How to avoid a common moving horror story

42 Design File 2018 kitchen trends from designer Jo Alcorn

BY WAYNE KARL

24 Mortgage Intel

44 Design File The future is now – with these 10 home tech options

What do the recent interest rate hikes mean for you?

BY ALYSSA FURTADO

26 Condo Pro Luxury a standard feature in today’s condo suites

THE LAST WORD

68 Q&A David Wilkes, new BILD president and CEO

BY BARBARA LAWLOR

30 Insider Insight Canada – home of the successful

BY DEBBIE COSIC

46 Legally Speaking The importance of the predelivery inspection

BY JAYSON SCHWARZ

IN EVERY ISSUE

12 Editor’s Note 48 Hot Properties GTA 62 Hot Properties SWO 70 Advertiser Index 72 What’s Online

NEIGHBOURHOOD PROFILES:

36 THE BEACHES 59 DURAND

INSPIRATION:

NORDIC-INSPIRED KITCHEN ESSENTIALS

40 FEB 3 - 17, 2018 13

EDITOR’S NOTE

AMAZON HQ2 TORONTO MAY NOT WIN, BUT IT CAN’T LOSE

WAYNE KARL MANAGING EDITOR NextHome

When one of the world’s largest employers says it may come to town – and bring along tens of thousands of jobs and billions of dollars in investment – people tend to get excited.

That’s exactly what happened last month when Amazon announced that Toronto made the shortlist of 20 potential sites for its second corporate headquarters, dubbed HQ2.

Everyone from Ontario Premier Kathleen Wynne to Toronto Mayor John Tory and countless others began singing the city’s praises. It’s almost as if we’re all saying, with Sally Field Oscar acceptance speech flair, “You like me, you really like me!”

And while the whole HQ2 thing has a bit of an air of an Olympic bid, what’s left standing if Toronto doesn’t win won’t be mountainous debts attached to white elephant facilities. What will remain are the characteristics that helped the city make the cut in the first place: An educated workforce, leading research and educational institutions, a competitive investment climate, quality of life and vibrant, diverse communities.

Even if Toronto doesn’t score HQ2, it still wins.

EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl

GET ED! IR NSP

I

+ get social 14 NextHome.ca

The future is NOW 44

The Q&A 68

Interact with us on social media: nexthome

Community e m o h n w o T w test Selling Ne s a F ’s n to il m a MARTSUITES H S • n o ti a c o L • Smart Smart Value s the LO W $ m o fr d e n ig s e D y tl r Sma

400

TM

artist’s Rendering is

concept

NOW OPEN • 80% SOLD DON’T MISS OUT!

A NEW VISION ARISES FROM THE MYST OF LAKE ONTARIO This is life MY way. Smartly designed Terrace, Garden and Village Towns, just steps to the shores of Lake Ontario in Stoney Creek. Located at Lakeview Drive and Fruitland Road, close to all of the things that make MY life easy.

Myst. Urban Towns By The Lake.

Easy access to the Stoney Creek Confederation Station (at Centennial Parkway) slated for completion 2019.

LAKE ONTARIO SALES CENTRE 461 GREEN RD.

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ICE R D

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PRESENTATION CENTRE 461 Green Rd., Stoney Creek Mon-Thu: 1pm-7pm Fri: By Appointment Only Sat-Sun: 12pm-5pm Phone: (905) 930-7446 Email: Myst@homesbydesantis.com

Prices and specifications subject to change without notice. Go Transit is a registered trademark of Metrolinx and is not affiliated with Homes by DeSantis or Myst. E.&O.E.

CONTRIBUTORS

BILD REPORT | DAVE WILKES

Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta, or visit bildgta.ca

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds ASSOCIATE PUBLISHER

STAT CHAT | BEN MYERS

Ben Myers is president of Bullpen Research & Consulting, a boutique real estate firm that advises land owners, developers and lenders on housing market conditions that can impact their development projects. Follow Bullpen on Twitter at @BullpenConsult or visit bullpenconsulting.ca

Anne-Marie Breen MANAGING EDITOR

Wayne Karl ART DIRECTOR

Megan Pike CONTRIBUTING EDITORS

Sonia Bell Sara Duck Marlene Eisner

LEGALLY SPEAKING | JAYSON SCHWARZ

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

MEDIA CONSULTANT

Maris Langer maris.langer@nexthome.ca MEDIA CONSULTANT

Rose Anne Bonanno roseanne.bonanno@nexthome.ca SALES & MARKETING CO-ORDINATOR

Terry Bassett

INSIDER INSIGHT | DEBBIE COSIC

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

John Jenkins PRODUCTION MANAGER

Anthony Majetic PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic

MORTGAGE INTEL | ALYSSA FURTADO

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.

GRAPHIC DESIGNERS

Sandra Hanak-Vujnovic, Mike Terentiev, Miguel Cea Published by

A brand of Yellow Pages Homes Ltd.

CONDO PRO | BARBARA LAWLOR

Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas.

INSPIRATION | SARA DUCK

With more than a decade of experience in the magazine world, Sara Duck brings her passion for writing and expert eye for what’s on trend to our pages.

16 NextHome.ca

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 nexthome.ca Advertising Call 416.626.4200 for advertising rates and information.

Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

Call 1.855.826.4200 to discuss distribution opportunities.

Copyright 2018 All rights reserved by Yellow Pages Homes Ltd. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice.

E. & O. E. Editorial Submissions: Please send to wayne.karl@nexthome.ca

Final Release of Suites at Musée Move In Now – Your Final Opportunity At Our Cosmopolitan New Condominium.

Don’t miss your final opportunity to become a part of the vital new force in urban living at Bathurst & Adelaide. We’ve just released the final suites at Musée. Construction is complete, the building is registered, and all closing costs are included in the purchase price.

Find your place between the energy of King Street West and the vibrant Queen West street scene, also near the attractions of Kensington Market and Chinatown.

VISIT THE PRESENSATION CENTRE NOW 525 Adelaide Street West, Suite 1016, 416.551.9449

ADVICE | BILD REPORT

COMMUNITY CARE BILD MEMBERS DO A LOT MORE THAN JUST BUILD NEW HOMES DAVE WILKES BILD member companies and the people behind them are truly inspiring. Their philanthropic contributions to our communities are one source of this inspiration.

Here are a few examples of how these efforts make the GTA a better place to live.

Health care in our region receives a boost thanks to our members. For example, Mackenzie Health Foundation is able to help build and equip Mackenzie Vaughan Hospital and enhance care at McKenzie Richmond Hill Hospital, due in part to donations from at least six BILD member companies. In Toronto’s west end, St. Joseph’s Health Centre is a few steps closer to meeting its goals of improving spaces for patients, purchasing new technology and delivering specialized care because of a significant contribution from the owner of a BILD member company.

Education in the GTA receives generous support from our members. For instance, the renovation and expansion of the heritage building at One Spadina Crescent, the new home of the University of Toronto’s John H. Daniels Faculty of Architecture, Landscape and Design, was possible because of a substantial gift from the founder and CEO of a BILD member company and numerous contributions from other members.

People in need get a greater number of safe, affordable places to live, thanks to our members.

As an example, a housing project in Kensington Market by St. Clare’s Multifaith Housing Society received contributions from several BILD member companies as part of an initiative by the Residential Construction Council of Ontario. The project will provide 22 new apartments for people experiencing homelessness.

Many BILD members join forces with Habitat for Humanity Greater Toronto Area to help provide

affordable housing. In December, four families received new homes on Kennedy Road in Caledon, a Habitat project that included seven BILD member companies as sponsors and partners.

I could fill many columns with examples of how our members strive to make the GTA a better place to live through their philanthropy. If you would like to see more examples, follow BILD on Twitter, @bildgta, where we regularly share about our members’ contributions to our communities.

Our members take their commitments to our communities very seriously, but to be able to fulfil these commitments, they must be healthy as businesses. BILD will always advocate for fairness, accountability and transparency when we look at the taxes, fees and charges that our members pay to municipalities, so that they can continue to contribute to the health and vitality of our GTA communities.

Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta, or visit bildgta.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

18 NextHome.ca

GTA

IN THIS SECTION

SHOWCASING NEW PROJECTS IN THE GTA

GREATER TORONTO AREA

NEIGHBOURHOOD PROFILE: BEACHES

MAPS & LISTINGS OF NEW COMMUNITIES

FEB 3 - 17, 2018  19

ADVICE | FUNDAMENTALLY SPEAKING

HOW TO AVOID A MOVING HORROR STORY

WAYNE KARL

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

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

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

Case in point: the following example admittedly doesn’t involve a new-home move, but the experience is all too common.

So is the lesson learned – unfortunately, the hard way.

I recently contracted a “professional” moving company to carry out a last-minute move of five furniture pieces on behalf of my son, a university student.

After calling several firms, I selected a local moving company, explaining that drop-off would be about 100 kilometres away.

We agreed on price ($350) and time (9 a.m.), and all details were confirmed in a “contract” exchanged via email.

The crew was on time the next 20 NextHome.ca | GTA

morning, but almost immediately began talking about a higher rate – $360. Not a huge difference, but it immediately raised my suspicions.

I’ll spare you all the gory details, but it’s important to share the lowlights of what happened next: • The company I originally contracted the job to was inexplicably unavailable to actually do the move the next morning, and apparently passed it off to another firm.

• My original contact, who was easily available the night before, suddenly was nowhere to be found.

• Once the truck was loaded, the fee increased to $450.

• Upon arrival at the destination, the movers said the fee was $500. “It’s taking longer than we thought, and the furniture is heavier.”

• “Sure,” I said, “right after I call the police.”

With that, the sordid tale ended.

The job was not complete and we were left to move the furniture indoors, becoming the victims of one of the top 10 scams monitored by the Better Business Bureau (BBB).

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

CAM offers the following tips on how to avoid being scammed by unscrupulous movers: • Find reputable movers through the CAM, BBB or provincial government consumer protection agencies

• Ask three movers for estimates in writing • Get the terms and conditions in writing • Ensure your goods will be protected for loss or damage • Read customer reviews on movers’ websites and other forums “Consumers have recourse with their provincial government’s consumer affairs department and with the Better Business Bureau,” says Levi. “Both of these avenues are fraught with difficulties and often take many months to come to some form of resolution – satisfactory or otherwise. And often, the mover simply out-waits the consumer.

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

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

Make sure you take the proper steps to protect yourself.

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

+MORE ADVICE ONLINE nexthome.ca/news/advice

IN KESWICK

REGISTER NOW

40’ & 50’ SINGLES $

FROM

659,900 *

Georgina Heights is coming soon to Keswick promising a more relaxing life north of the GTA. Treasure Hill is proud to present this upcoming

IN KESWICK AT CHURCH ST. & WOODBINE AVE.

development featuring stunning designs in a spectacular location, minutes from the new 404 extension. Discover Living with Treasure Hill.

*Price and information correct at press time. E. & O. E.

TREASUREHILL.COM

COVER STORY

in.DE

CONDOMINIUMS MENKES SET TO LAUNCH EXCITING NEW DOWNTOWN ADDRESS AT DUNDAS EAST AND JARVIS With temperatures this cold, Torontonians couldn’t be blamed if all they wanted to do was spend more time indoors. Waking up to a frigid and snowy morning has everyone wishing they could shorten their commute time without the stress of bad weather delays.

Savvy citizens won’t have to worry about their commute for long, because Menkes is set to launch in.DE, the newest condominium tower steps from everything downtown, at Dundas Street East and Jarvis.

Set within easy walking distance of the Financial District, the Eaton Centre, Ryerson University, St. Michael’s Hospital, the DMZ, Distillery District, Queen, Dundas and Union Subway stations, St. Lawrence Market, Massey Hall, Yonge-Dundas Square and Toronto City Hall, there is no doubt that in.DE is in a prime and exciting location that meets the needs of any urban dweller.

“This is such a special project because it really offers amazing convenience,” says Mimi Ng, vicepresident of sales and marketing at Menkes. “From in.DE, you are literally a four- or five-minute walk away from everything you need. This location works for so many different buyer groups on so many levels – whether you are a business professional who works in the central business district, a medical professional in the downtown hospital network, 22 NextHome.ca | GTA

or someone attending Ryerson University or the University of Toronto, this is the perfect location.”

Further confirmation of in.DE’s ideal location is indicated by the property’s mobility ratings in terms of walking, biking and transit service. On a scale of one to 100, in.DE has a near perfect 97 walk score and a perfect 100 bikers and transit score. in.DE’s design, like the area surrounding it, also seeks to represent the best of everything.

From unique architecture, to elegant interior designs, Menkes has turned to the industry’s most creative consultants to create a residential community that will stand out in a changing neighbourhood.

Designed by the talented team at Turner Fleischer Architects, the building’s exterior complements the curve of the road and its location at the end of a view corridor. The distinctive threestorey glass and brick podium, with its strong rectilinear form, has a gradual curve along its entire length. Its brick and glass façade marries the old with new to create a distinctive structure.

Rising from the podium is a 21-storey glass tower that amplifies the bend and creates a focal point where the view corridor ends on Dundas East. The sleek design of the tower with different setbacks and angles along each exposure of the building combine to create a striking silhouette on the city skyline.

Inside the building, Patton Design Studio, one of Canada’s most celebrated interior design teams has taken a modern, yet chic approach, which reflects the social atmosphere of the neighbourhood. in.DE’s lobby and deluxe amenity areas have been designed to encourage a sense of community, while staying naturally elegant.

The designers have thoughtfully

used a variety of textures, materials and furnishings – to create an inviting and common space that will complement the lives of residents, including a chic and cosy event lounge, a private dining room, a fully equipped catering kitchen with luxurious finishes, and amenities such as a tech lounge, meeting rooms and communal workspace to make remote working easy.

Rich with amenities, impeccable design, and an unbeatable location, in.DE offers residents more than a place to live their life; it offers a chance to foster a new community lifestyle, in an exciting new address.

Register now to be among the first to receive information about in.DE. Visit menkes.com FEB 3 - 17, 2018 23

EVENTS

TOP 8 EVENTS TO LOOK FORWARD TO IN 2018

by JOSÉ GONZALEZ

TOWNS & SINGLES COMING SOON TO

As 2017 fades into a lovely memory, it’s time to think about having fun in Toronto in 2018

CALEDONIA See page 2 for more information

International Autoshow Feb. 16 to 25 This year’s auto show includes an exhibition featuring the art and icons of automotive design, a look at the evolving technology of the automobile and a display of exotic cars.

Yayoi Kusama: Infinity Mirrors March 3 to May 27 This Japanese artist’s multireflective infinity mirror rooms finally arrive in Toronto, and if its popularity in other cities is any indication, you might want to book your tickets early. There are six rooms in total, and you’re only allowed entry once for about 20 to 30 seconds. Be prepared for an immersive art experience.

Hot Docs Film Festival April 26 to May 6 Toronto’s second most popular film festival is still one of the biggest festivals for documentary films in the world, welcoming nearly 200 films from documentarians from around the globe.

LosaniHomes.com

24 NextHome.ca | GTA

NXNE June 8 to 17 One of the premiere musical festivals in the city, NXNE is moving back to its old home

at Yonge-Dundas Square.

Headliners are still in the works, so stay tuned.

Pride Weekend June 22 to 24 Toronto’s LGBT+ community has a whole month of celebrating planned, but the real highlight is a weekend-long party that includes the downtown annual Pride parade.

Masters Indigenous Games July 12 to 15 Toronto receives the honour of being the site of the inaugural Masters Indigenous Games, welcoming Indigenous athletes to compete in a number of traditional and contemporary sporting events.

Toronto Caribbean Carnival July 13 to August 9 One of the biggest parties of the year, and perhaps better known to Torontonians as Carabana, this annual tradition includes a massive parade filled with costumes and music fresh from the Caribbean. This year marks the festival’s 50th anniversary.

Nuit Blanche Sept. 29 This Parisian transplant in Toronto continues to dazzle art lovers with innovative installations across the city. This year Nuit Blanche expands even further, with art to be displayed for the first time in Scarborough.

From YP.ca. For more tips and city guides, visit yp.ca/tips

ADVICE | MORTGAGE INTEL

ON THE RISE

HERE’S WHAT THE RECENT RATE HIKE COULD MEAN FOR YOU

ALYSSA FURTADO

per cent) – an increase of 25 basis points over the previous lowest rate just prior to the Bank of Canada’s rate hike.

BUT WHAT ABOUT FIXED RATES?

Getting a mortgage this year will be more difficult – and pricier – than it would have been just a few short months ago. Here’s what potential buyers need to know.

Rates are on the rise. The Bank of Canada announced an increase to its target interest rate on Jan. 17, hiking it 25 basis points to 1.25 per cent, citing strong economic data.

“In Canada, real GDP growth is expected to slow to 2.2 per cent in 2018 and 1.6 per cent in 2019, following an estimated three per cent in 2017,” the Bank said.

“Growth is expected to remain above potential through the first quarter of 2018 and then slow to a rate close to potential for the rest of the projection horizon.”

The country’s largest banks – RBC, CIBC, Scotiabank, and TD – correspondingly increased their prime lending rates by 25 basis points to 3.45 per cent.

WHY SHOULD HOMEBUYERS CARE?

Whenever the Bank of Canada tweaks its policy rate, banks incorporate the change into their prime rates; and prime rates have a major impact on variable rate mortgages.

So the best five-year variable rate mortgage in Ontario now sits at 2.20 per cent (prime less 1.25 26 NextHome.ca | GTA

They’re also increasing. The bond market – which banks use to price their fixed rate mortgages – has been inching higher recently due to Canada’s improving economic outlook. Bond yields are expected to enjoy even greater gains following the Bank of Canada’s rate decision.

So, the best available five-year fixed rate available in Ontario is now 2.94 per cent as of Jan. 19, 2018 – up from 2.79 per cent a day prior to the Bank’s rate hike.

This means pricier mortgages.

LET’S DIG INTO THE MATH

The average home price in Canada sold for $496,500 in December 2017, according to the Canadian Real Estate Association.

Assuming a down payment of 20 per cent, and a mortgage amortized over 25 years, let’s look at what mortgage payments would cost before and after the latest rate increase.

Today, the monthly payments – assuming a buyer qualifies for the lowest available fixed mortgage rate – would be $1,868. That same home would have cost $1,837 just one week earlier.

An increase of $31 per month or $372 per year. Not the most unmanageable price increase, but a price increase nonetheless.

However, those looking to buy shouldn’t be too put off by the rate increase – we’re still in what is considered a record-low rate environment. You may, however, want to speak with a lender or mortgage broker to get a preapproval, which would allow them to lock in a rate for up to 120 days and protect them against any further rate increases within that timeframe.

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

+MORE ADVICE ONLINE nexthome.ca/news/advice

Now Open inWaterdown

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SINGLES FROM

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LIFE WITH A NEW VIEW BRANT ST.

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BLOCK 210 • HIGHGROVE

PRESENTATION CENTRE HOURS: MONDAY - THURSDAY: 1PM - 8PM FRIDAY: CLOSED • SATURDAY, SUNDAY & HOLIDAYS: 11AM - 6PM

ASCOT 1 & 2 • ELEV. 1

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*Price and information correct at press time. Map not to scale. E. & O. E.

ROSEWOOD 6 • ELEV. 3

ADVICE | CONDO PRO

LUXURY STANDARD IN YOUR NEW CONDO SUITE

BARBARA LAWLOR

When it comes to ultra-luxurious condominiums, Toronto is home to some of the finest in the world. Among these are posh penthouses and spacious suites situated atop five-star hotels. With Toronto coming into its own as an international cosmopolitan city, we are attracting wealthy purchasers who have discretionary income in the millions, and they appreciate the value – yes, value – they find in real estate here compared to the rest of the world.

We also have an aging baby boomer population, with individuals and couples who have enjoyed transference of wealth and can afford the most luxurious of condos. These folks are ready for some pampering, and they want to leave physical labour in the form of upkeep and maintenance to someone else.

They also have so many amenities under their roofs that they rarely

28 NextHome.ca | GTA

need to drive to exercise, be entertained or run errands.

When it comes to luxury, however, keep in mind that all of today’s condominiums are graced with superb architecture, exquisite design and elegant features and finishes – no matter what their square footage. Owners of brand new condominium suites definitely live a more luxurious lifestyle than those who purchased condos decades ago.

For one thing, when you purchase any new home, you benefit from the latest design and construction standards, as Ontario Building Code is regularly amended to increase quality. You also enjoy a higher energy-efficiency standard than ever before.

In addition, by North American standards, the appointments that come with our new homes here are far and beyond what builders offer south of the border.

Our builders offer numerous standard appointments that were once included only as upgrades.

Nowadays, it is common to see granite and quartz countertops, porcelains, marbles, woods, energy-efficient appliances (some even stainless) as standard. You may find everything you could wish for right in your Schedule A without having to upgrade.

One of the most exciting things about buying new is the colour selection appointment, where you choose the standards and upgrades (if desired) that transform your surroundings to reflect your personality and tastes. With future

resale in mind, you might decide to spend extra for options, and the breadth of the selection is remarkable. For the best returnon-investment, focus on the kitchen and bath(s) first. Next on your list should be flooring, which can have a major effect on resale value someday. Hardwood may be included as standard, but if not, consider it carefully. For so many families today, allergies are an issue, and hardwood is simply healthier than carpeting.

It’s easy to clean, and today’s open-concept spaces can be transformed with area rugs.

When you start with a new home or condo, even if you go for standard features and finishes across the board, you will enjoy a level of luxury that is the envy of people around the globe.

Whatever their life circumstances, many new homeowners today actually move up in luxury and comfort when they choose a condominium. I say go for luxury.

Go condo!

Barbara Lawlor is president and CEO of Baker Real Estate Incorporated, winner of the pinnacle 2017 Riley Brethour Award from BILD, and an in-demand columnist and speaker.

A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

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See sales representative for details. Promotional offer is subject to change without notice. Rendering is artist’s concept.

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Marketed By International Home Marketing Group. Brokers protected. E & O.E. November 2017.

ADVICE | INSIDER INSIGHT

CANADA, HOME OF THE SUCCESSFUL DEBBIE COSIC

For this issue, I was inspired to write about Canadian housing from a different perspective, spotlighting some of Canada’s most recent successes and how they’re starting to reshape the cities and communities in which we live. It’s a very exciting time to be Canadian!

Over the last few months, we’ve witnessed a slew of announcements about top tech companies moving to and investing in Canada. Take Montreal, for example: Google and Microsoft have already set up shop and invested millions of dollars to study artificial intelligence (AI). According to news reports, Google believes Montreal is a bourgeoning “super-cluster” of AI knowledge and technology and hopes its investment will attract more startups and talent to the area. This likely prompted Facebook to open its own AI lab, called Facebook AI Research (FAIR) in Montreal last September. These facilities have close ties to academic communities such University of Montreal and McGill University and the company plans to commit sizable grants to build academic labs in the city.

The growth in opportunities there could be endless.

For Toronto, the buzz about 32 NextHome.ca | GTA

the city appearing on Amazon’s shortlist of places to locate its second global headquarters rippled across the nation and the world. News reports claimed that Toronto did not offer any cash incentives to get on the list (unlike some other cities) and that the city earned its spot on the list due to our quality of life here.

Factors such as public transit, low crime rate, proximity to techsavvy educational institutions and an international airport were in our favour, and the promise of providing affordable housing was also a big factor, which got me thinking.

That last promise is an important one, and not just for Toronto. Builders and developers across the country will tell you it’s up to cities and governments at every level to work more closely with them to come up with the right solutions as Canada continues to grow and prosper.

Canada’s unemployment plunged to its lowest recorded rate in 40 years. With both job growth and immigration at an all-time high, household formations will be fierce, which means we need housing – all types of housing, including rental properties and affordable entrylevel homes and condominiums for those who want to invest in real estate.

Last fall, Sidewalk Labs, owned by Alphabet, a Google innovation company, decided to invest $50 million in planning

a neighbourhood designed as an urban life model for the 21st century. It’s a step in the right direction, but Canadians should be supporting and owning their own large-scale innovative housing models and partnering with top Canadian tech firms, such as Ottawa’s Shopify and Vancouver’s Hootsuite, to lead the way.

With our enviably diverse culture and new-found successes on the world stage, Canada will continue to attract attention and skilled workers, and net migration will continue to be high. Now is the time to build on our success and ensure it continues by building it a real home.

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

Markham tour o ur

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cornellrouge.com 905.472.9556 SALES OFFICE LOCATED AT

655 Cornell Centre Boulevard (at 16th Avenue) Open Monday to Thursday from 1 to 8 p.m.

Friday by appointment only Weekends & Holidays from 11 a.m. to 6 p.m.

BROKERS PROTECTED * As per applicable plan/lot. Renderings are artist’s concept. Prices and specifications are subject to change without notice. See sales representatives for details. E & O.E.

MARKHAM

TRENDING

What if...

TORONTO WAS CHOSEN FOR AMAZON HQ2?

by WAYNE KARL

Amazon, you had us at... hello!

– 50,000 jobs and a potential $5billion investment! What city in its right mind wouldn’t welcome a company and its second headquarters, with all those jobs and dollars at stake?

Toronto may be a long shot among the 20 final candidates chosen from the 238 proposals from across the U.S., Canada and Mexico to host HQ2. But, wow, wouldn’t it be great?

“All jobs at HQ2 will be corporate positions, with an average annual compensation of $100,000,” Amazon spokesperson Adam Sedo told NextHome. “We expect to create 50,000 high-paying jobs in 15 to 17 years.”

Jobs are crucial to the economy, so adding 50,000 of them of this stature in one city alone? It would be the Powerball of employment jackpots.

“We’re excited to have this opportunity and to be able to tell Toronto’s unique story,” Mayor John Tory said at a press conference after hearing his city was shortlisted. “There is no other 34 NextHome.ca | GTA

place in North America that can boast the same talent, the same quality of life, the same vibrancy, the same economic strength.”

“I’m not just being sugary sweet when I say we have already won with respect to Amazon HQ2,” tweeted former City of Toronto Chief Planner Jennifer Keesmaat. “I really mean it. We’ve already won this process. We sold our quality of life proposition on our own merits.

(And in light of that, I could kind of care less where they locate.) #Integrity.”

“Amazon’s decision to keep Toronto in the running is good news for the city,” says Christopher Alexander, executive vicepresident, ReMax Integra, Ontario Atlantic Region. “It further solidifies Toronto’s position as a world-class destination. This will attract even more Canadians and immigrants to the area and overall, and it will have a positive impact on real estate prices.”

Quite likely, sources say, you can count on rising rents and property values.

However, for a city already

struggling with a housing affordability issue, would Amazon coming here actually be a good thing?

“Awarding it to Toronto would be a big economic and political win for Toronto. However, at the same time it would make the region even less affordable whether for renters or homebuyers,” says Don Campbell, real estate expert and senior analyst of the Real Estate Investment Network (REIN).

Currently in Canada, there are more than 300,000 job openings, Campbell adds, and employers in cities such as Vancouver and Toronto are having difficulty filling some positions. “One reason is the unaffordability of some cities, where workers can no longer afford the rents and purchase prices in these centres. So, even as the economies grow, there is a cap on the number of workers who can afford to fill the jobs. Hence the reason we are witnessing a resurgence in other regions, such as Hamilton, the Niagara Region, Barrie and Kingston, with employers going to where they can

“

WE’RE EXCITED TO HAVE THIS OPPORTUNITY AND TO BE ABLE TO TELL TORONTO’S UNIQUE STORY.

”

— MAYOR JOHN TORY

begin to attract the workers.

“Would it be a fantastic win (optically) for the region? For sure.

Would it help the current federal and provincial Liberal governments in their upcoming election bids?

Absolutely. Would it become a fantastic economic driver for the area, first for construction jobs, then for these many thousands of operations jobs? No question.

“However, if it does get awarded to Toronto, it would actually go against some of the current federal and provincial legislation and concerns about an overheated housing market,”

Campbell says. “It would bring a lot of additional upward pressure on rents, especially given the already low vacancy rate of the region.

And, over the following years, it would put upward pressure on the demand (and therefore price) of homes, as these higher-paying job holders would wish to enter the purchase market sooner than most.”

For the housing industry, Amazon in Toronto would put pressure on home builders and government policy makers to make sure they have the right framework to accommodate such

growth, according to David Wilkes, president and CEO of the Building Industry and Land Development Association (see page 68).

“The growth anticipated for the Greater Toronto region is going to be significant,” he told NextHome. “There’s going to be many new people moving into the region, many new jobs created, the requirement for new homes and offices, and renovating existing stock, is going to become even greater.

“Whether it’s Amazon or anybody else, we need to make sure that we get it right.”

FEB 3 - 17, 2018 35

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JOIN THE CONVERSATION

NEIGHBOURHOOD PROFILE

THE BEACHES A FAMILY FRIENDLY, LAID-BACK VIBE HOT SPOTS

REMARKABLE BEAN You can’t miss out on this neighbourhood staple! It is well-loved for its organic and fair-trade roasted coffee and super delish in-house baked goods.

MEET THE NEIGHBOURS

SARA DUCK

The Toronto Beaches is an uber popular east-end neighbourhood, officially known as The Beach, but long-time residents still refer to it as “The Beaches.” The area is celebrated for its swimmable sandy beaches, quaint specialty shops, great restaurants and chillaxed atmosphere.

THE VIBE

Think beach town meets city living. People are drawn to this neighbourhood because of its laid-back vibe, family-friendly atmosphere and walkable amenities. You can ditch your car and walk to almost everything you need.

38 NextHome.ca | GTA

Residents are very protective of this community’s small-town feel, and many know each other and get involved. On any given weekend, you can find the community getting together for a charity event or street party of some sort.

ED’S REAL SCOOP This ice cream and treat shop is known and loved for its homemade ice cream, gelati and other delectable desserts, all made with high-quality, natural ingredients.

TRAINS, PLANES & AUTOMOBILES

This neighbourhood has everything you need within walking distance. Streetcars are a favoured mode of transit, with the Queen Street 501 providing easy downtown access. The area is also well-connected via six bus routes.

IN THE AREA

It’s a coveted place to live, which ultimately drives up house prices.

But, being such a desirable area, buying real estate here is likely a smart investment.

GREEN EGGPLANT An upscale restaurant that is family friendly and brimming with food everyone will love!

This restaurant specializes in fresh fish, aged steak, big salads, grilled sandwiches and home-style cooking, all from scratch.

INSPIRATION

PHOTO: STACEY BRANDFORD

IN THIS SECTION

SARAH RICHARDSON’S IDS KITCHEN

THE LATEST HOME TECH OPTIONS

TOP KITCHEN TRENDS FOR 2018

FEB 3 - 17, 2018 39

INSPIRATION | STYLE FILE

Oversized lighting in the kitchen, like this mid-century modern fixture, is a big trend for 2018.

International design celebrity

IT’S ALL IN THE

by SARA DUCK

DESIGN DARLING SARAH RICHARDSON COLLABORATED WITH PROFESSIONAL KITCHEN APPLIANCE BRAND MONOGRAM CANADA AT THIS YEAR’S INTERIOR DESIGN SHOW, TO CREATE A RESORT-INSPIRED KITCHEN WITH AMAZING DETAILS. 40 NextHome.ca

We can’t get enough of Sarah’s latest wallpaper design, which launches in May 2018. Wallpaper in the kitchen is unexpected but a great way to bring colour and pattern to your space.

Sarah’s design highlights the Monogram Columns refrigeration; customizable integrated refrigeration for a truly seamless look.

Display your beautiful pots. A set of copper pots will add a pop of shine to any kitchen.

Beautiful woven details on these chairs give this kitchen a beachy feel, with a hint of sophistication.

PHOTOS: MONOGRAM CANADA AND STACEY BRANDFORD INTERIORS

Sarah used millennial pink paired with grey and copper details for a warm, dreamy, getaway look.

Succulents and big tropical leaves add to the resort feel, but can easily be adapted to fit any kitchen style.

FOR MORE INFORMATION ON PROFESSIONAL STYLE APPLIANCES BY MONOGRAM CANADA, VISIT MONOGRAM.CA SEE MORE DESIGN INSPIRATION AT SARAHRICHARDSONDESIGN.COM FEB 3 - 17, 2018 41

INSPIRATION | MARKETPLACE

THINK MONOCHROMATIC, NATURAL TOUCHES AND STREAMLINED DESIGN FOR A QUINTESSENTIAL SCANDINAVIAN LOOK

by SARA DUCK

2

3 1

5

4

1 | Artisan soup bowl. $12. indigo.ca 2 | Aero black 5-piece flatware place setting. $90. crateandbarrel.com 3 | ABC porcelain plates by Arne Jacobsen for Design Letters. $49. themodernshop.com 4 | Kobenstyle casserole 4-quart in black by Dansk. $215. amazon.ca 5 | Alfredo egg cups. $45. torpinc.com

42  NextHome.ca

7

8 6

10

9

6 | 13-oz Edge mug in graphite by Artisanal Kitchen Supply. $6. bedbathandbeyond.ca 7 | Alfredo glass 1L carafe by Georg Jensen. $98. themodernshop.com 8 | Collar espresso maker by Stelton. $135. themodernshop.com 9 | Marta double old-fashioned glasses. $20 for set of 8. cb2.com 10 | Stemmed wine glass. $13. hm.com

13

11

12

14

15

11 | Alfredo peppermill in oak by Georg Jensen. $173. torpinc.com 12 | Barbry tray by Georg Jensen. $173. torpinc.com 13 | Mud pie slate and wood board. $30. indigo.ca 14 | The burbs wood salad serving set by Dansk. $47. amazon.ca 15 | Rundling serving bowl. $15. ikea.com

FEB 3 - 17, 2018  43

2018 INSPIRATION | DESIGN FILE

KITCHEN TRENDS DESIGNER JO ALCORN CREATED A BEAUTIFUL, FRESH COOKING SPACE WITH SOME OF 2018’S TOP KITCHEN TRENDS

PHOTOS BY: JASON HARTOG

by SARA DUCK

44 NextHome.ca

WOOD ELEMENTS Mixing wood into kitchen design (think stools, countertop, feature wall) is a great way to bring a natural, outdoor feel indoors and can bring balance to a simple palette.

Add a touch of wood to your kitchen with items from structube.com

POPS OF COLOUR One-shade kitchens are getting a modern update with pops of bright colour. Whether you choose to incorporate brightly-hued drapery, small appliances or a backsplash – your space will look current and cheery without a huge revamp.

BUILT-IN LOOK The trend of building in your appliances such as a microwave and fridge is an easy way to give a space a custom, streamlined look. “The built-in look keeps the space looking organized, which is important in a busy household,” Alcorn explains.

Visit bouclair.com for colour inspiration

Want a built-in look? Visit finelinekitchens.ca

DOUBLE DUTY APPLIANCES

LARGE ISLAND “A large island is always the gathering/ hangout place in a kitchen. Also, it’s very functional, as it adds more countertop work space and storage, while keeping your kitchen open and airy,” says Alcorn.

Get more bang for your buck by choosing appliances that go the extra mile. Everything from energy efficient refrigerators that have built-in water filtration, to espresso makers with grinders and ranges that you can control remotely.

It’s all about choosing appliances that suit your lifestyle needs.

For the latest in design and technology check out samsung.ca FEB 3 - 17, 2018 45

INSPIRATION | DESIGN FILE

THE

IS

NOW

10 HOME TECH OPTIONS THAT WOULD MAKE THE JETSONS JEALOUS!

by SARA DUCK 360 Eye robot vacuum by Dyson. $1,300. dysoncanada.ca Boasting twice the suction of any robot vacuum on the market, this all-seeing dirt cleaning machine uses infrared sensors to map out where it is going and avoids obstacles. With the Dyson Link app, you can control the robot, assign a task and monitor its progress.

1|

Google Home. $180. walmart.ca A voice-activated speaker powered by Google. Ask it realtime questions such as the latest weather, traffic and more. Play music and podcasts, set alarms, timers and sync compatible home products like your thermostat and TV. 2|

4 | Sonos Play:5 wireless speaker system. $649. sonos.com Touted as the ultimate in listening experience. This wireless speaker streams your favourite music, movies and TV (via WiFi) easily and can move from room to room seamlessly.

46  NextHome.ca

WEMO Mini smart plug. $50. bestbuy.ca Plug any device into the WEMO Mini and you can turn it on and off from across the room or across the world.

From lamps and heaters to appliances, this smart plug will bring you convenience and peace of mind.

3|

5 | Tea maker by Breville. $240. amazon.ca Fully automated and programmable for all kinds of tea, water temperatures and steep times, this tea maker will brew the perfect cuppa every time.

Smart lock home kit in dark grey by August. $350. amazon.ca Never have that feeling that you forgot to lock your door after you leave the house with this smart lock.

Your phone acts as a smart key, where you can lock and unlock your door from anywhere. There is also an activity log, so you know who is coming and going at all times.

7|

6 | HR1000 wifi enabled air cleaner by Winix. $500. bedbathandbeyond.ca Keep your home air clean and safe with this Energy-Star certified air purifier for rooms up to 400 sq.ft.

With a sleek look and great features including control through the Winix Smart App — it will easily blend into any room in the house.

8 | Nest Protect. From $119. nest.com Protecting your home from fire and carbon monoxide is a serious matter and Nest Protect promises to help.

Not only does it check its batteries and sensors over 400 times a day, it speaks and sends alerts to your phone if there is a problem. Bonus, you can also hush the alarm from your phone.

9 | Ecobee 4 smart thermostat. $329. ecobee.com This smart thermostat can manage hot and cold spots in your favourite rooms, find you the right recipe and latest news via its built-in Amazon Alexa Voice Service and is hardwired, which means it’s built to last.

Curved 4K ultra HD smart LED 65-in TV (un65mu6500) by Samsung. $2,850. amazon.ca This TV has four times more pixels, which means you are getting four times the resolution for a vibrant, pure colour experience. Not only does the curved screen look esthetically cool, it adds a dimension of depth from the front and centre of the screen as well.

10 |

FEB 3 - 17, 2018 47

ADVICE | LEGALLY SPEAKING

THE PRE-DELIVERY

INSPECTION JAYSON SCHWARZ

The pre-delivery inspection, or PDI, is a small but incredibly important part of the new-home buying process. Included in the adjustments when you are closing your new home or condo (but not a conversion) is the cost of your Ontario New Home Warranty Program enrolment, which covers defects in the completion of your new home. Any item that is damaged, incomplete, missing or not operating properly should be noted on the builder’s PDI form to verify that these conditions existed prior to occupancy.

Most Agreements of Purchase and Sale make the deficiency list prepared as part of your final inspection the only basis for repairs, subject to the major items such as foundation cracks. What does this all mean?

When it’s time for the PDI, know that if you don’t list it, you may not be able to compel the builder to fix it. It’s critical to include everything!

The following list will help you make sure you are covered. Visit Tarion.com for a more definitive checklist.

01 Insist on having enough time to do the inspection and allow yourself enough time with no need to be anywhere else.

02 Write everything down yourself. Don’t let the builder’s representative take charge.

48 NextHome.ca | GTA

03 If something has not been installed or completed, this should be noted.

04 Don’t rush! Insist on moving at your own speed.

05 Write everything down, no matter how seemingly small or insignificant.

06 Do not accept promises of repair during inspection. If something is not right, mark it down.

07 Try every light, socket, tap, drain, toilet, door, lock, window, appliance – everything that could be defective now or go wrong later.

08 Watch for stains on carpet, scratches on wood floors, cracks in paint or drywall, areas where they forgot a second coat of paint, etc.

09 Look for water stains or spots, and if you see them, insist on knowing why they’re there, and where they came from.

10 Check out the condominium’s common areas. You own part of them and if parts are incomplete, wrong or defective, list it!

Remember, this inspection is extremely important to establish your position as it relates to deficiencies, so that no one can say a defect happened after possession. Make sure you check carefully.

Some readers ask what happens if the builder rushes them or they did not get the opportunity to finish their PDI. The answer is to immediately complete your list and send it to the builder and to Tarion. You have an opportunity to raise these issues in Tarion’s 30day form, which is submitted to

Tarion during the first 30 days of possession. According to Tarion, “It should list any unresolved warranty items from the PreDelivery Inspection and any new items that have come up since you obtained possession of the home.”

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES

FIND YOUR NEXT HOME The latest properties in the Toronto area to keep your eye on

GTA PREVIEW REGISTRATION 1. ALLEGRO By: Geranium Homes City: Aurora Housing type: 52- and 61-ft. cul-de-sac homes from more than $2 million allegroaurora.com

2. BIANCA

9. GLENWAY

18. THEORY CONDOMINIUMS

By: Andrin Homes & Lakview Homes City: Newmarket Housing type: Townhomes and detached bungalows glenwayliving.com

By: Parallax Development Corporation City: Toronto Housing type: Condominium suites theorycondos.com

10. HILLSBOROUGH By: Great Gulf & Andrin Homes City: Holland Landing Housing type: Detached homes andrinhomes.com • greatgulf.com

11. KINGSWAY BY THE RIVER

By: Tridel City: Toronto Housing type: Luxury condominiums Tridel.com

By: Urban Capital City: Toronto Housing type: Condo lofts kingswaybytheriver.ca

3. BOXGROVE VILLAGE

12. LOGGIAS IN RICHDALE

By: Arista Homes City: Markham Housing type: Family sized freehold townhomes and live/work towns boxgrovevillage.com

13. M CITY CONDOS

4. CITYLUX TOWNS By: Fieldgate Homes City: Thornhill Housing type: Urban townhomes in Thornhill Woods fieldgatehomes.com

5. COBBLESTONES SOUTH By: Fieldgate Homes City: Brampton Housing type: 36-ft. singles up to 3,481 sq. ft. fieldgatehomes.com

6. CONCORD CANADA HOUSE By: Concord Adex City: Toronto Housing type: Condominium suites ConcordCanadaHouse.ca

7. CYPRESS By: Pinnacle International City: Etobicoke Housing type: Condominium suites PinnacleEtobicoke.ca

8. DOWNSVIEW PARK By: Stafford Homes City: Toronto Housing type: Townhomes staffordhomes.ca

50 NextHome.ca | GTA

By: Senator Homes City: Richmond Hill Housing type: Luxury detached homes senatorhomes.com

By: Rogers Real Estate Development & Urban Capital City: Mississauga Housing type: Condominium suites mcitycondos.com

14. MISSISSAUGA SQUARE By: Plaza City: Mississauga Housing type: Condominium suites pureplaza.com

15. QUEEN’S COMMON By: Mattamy Homes City: Whitby Housing type: Detached and townhomes mattamyhomes.com

16. SUMMIT CITY CENTRE By: Summitview Homes City: Mississauga Housing type: Two-storey urban towns summitviewhomes.com

17. SUPERSONIC By: Lindvest City: North York Housing type: Condominium suites lindvest.com/supersonic

19. TIME AND SPACE By: Pemberton Group City: Toronto Housing type: Condominium suites PembertonGroup.com

20. UPPER VALLEYLANDS By: Fieldgate Homes City: Brampton Housing type: Singles, semis and towns fieldgatehomes.com

21. VICTORY HEIGHTS By: Treasure Hill Homes City: Vaughan Housing type: 40- and 42-ft. luxury singles treasurehill.com

22. WESLEY TOWER By: The Daniels Corporation City: Mississauga Housing type: Condominium suites DanielsCityCentre.com

23. WHITBY MEADOWS By: Fieldgate Homes City: Whitby Housing type: Towns and singles fieldgatehomes.com

24. VITA ON THE LAKE, VITA TWO By: Mattamy Homes & Biddington Homes City: Etobicoke Housing type: Condominiums mattamyhomes.com

25. VALHALLA TOWN SQUARE By: Edilcan City: Etobicoke Housing type: Condominiums valhallatownsquare.com

NEW OPENINGS 26. AQUABELLA By: Tridel & Hines City: Toronto Housing type: Condominium suites from 1,767 to over 4,000 sq. ft.

Tridel.com

27. CHELSEA MAPLE STATION

36. ORCHARD WEST

By: Aspen Ridge Homes City: Vaughan Housing type: Townhomes aspenridgehomes.com

By: Treasure Hill City: Bowmanville Housing type: 37-, 40- and 45-ft. singles treasurehill.com

28. CONDOMINIUMS OF CORNELL

37. PACE ON MAIN

By: Mattamy Homes City: Markham Housing type: Condominium suites from 725 to 1,302 sq. ft. mattamyhomes.com

29. CORNELL ROUGE By: Madison Group and Forest Hill Homes City: Markham Housing type: Freehold towns and singlefamily homes cornellrouge.com

30. FOXBAR COLLECTION AT BLUE DIAMOND By: Camrost Felcorp City: Toronto Housing type: Two- and three-bedroom luxury suites and townhomes thefoxbar.ca

31. IMPRESSIONS By: Fieldgate Homes City: The Village of Kleinburg Housing type: Towns, semis and singles fieldgatehomes.com

32. KLEINBURG SUMMIT By: Mattamy Homes City: Vaughan Housing type: Detached and townhomes mattamyhomes.com

33. MADISON LANE By: Reid’s Heritage Homes City: Bowmanville Housing type: Luxury condos madisonlanecondos.com

34. NEIGHBOURHOODS OF MOUNT PLEASANT By: Rosehaven Homes City: Brampton Housing type: Freehold townhomes rosehavenhomes.com

35. NEWTOWNS AT MOUNT PLEASANT By: Primont Homes City: Brampton Housing type: Townhomes primonthomes.com

+

By: Geranium City: Stouffville Housing type: Condo towns paceonmain.com

38. QUEENSWAY PARK By: Urban Capital & Rosewater City: Etobicoke Housing type: Condominium suites queenswayparkcondos.ca

39. RICHLANDS By: Fieldgate Homes City: Richmond Hill Housing type: Towns and singles fieldgatehomes.com

MAPS Locate properties using the map on the following page

46. NOBU RESIDENCES By: Madison Group City: Toronto Housing type: Condominium suites noburesidences.ca

47. FOREST GATE By: Kaneff City: Mississauga Housing type: Luxury town manors across from Lionhead Golf Club kaneff.com

40. TIME By: Treasure Hill Homes City: Aurora Housing type: Urban townhomes treasurehill.com

41. THE MET By: Plaza City: Vaughan Housing type: Townhomes pureplaza.com

42. TOWNS AT ROUGE VALLEY By: Tribute Communities City: Scarborough Housing type: Urban townhomes mytribute.ca

43. VALLEYLANDS By: Fieldgate Homes City: Brampton Housing type: Single-detached fieldgatehomes.com

44. VISTA By: Geranium Homes City: Stouffville Housing type: Condominium one-storey flats and two-storey towns vistaflatsandtowns.com

45. FRENCHMAN’S BAY By: Madison Group City: Pickering Housing type: Townhomes and singles madisongroup.ca

OTHERS (NOT FEATURED ON MAP) ALCONA SHORES By: Bayview-Wellington Homes City: Innisfil Housing type: Luxury singles on 32-, 45- and 48-ft. lots myalcona.com

GEORGIAN SANDS By: Elm developments City: Wasaga Beach Housing type: Towns and singles georgiansands.com

RADIANCE By: DIAM Developments City: Innisfil Housing type: Townhomes radianceinnisfil.ca

VILLAGES OF KILLARNEY BEACH By: Ballymore Homes City: Innisfil Housing type: Detached homes ballymorehomes.com

WHITE PINES By: Mattamy Homes City: Bracebridge Housing type: Detached homes mattamyhomes.com

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO WAYNE.KARL@NEXTHOME.CA

FEB 3 - 17, 2018 51

HOT PROPERTIES / GREATER TORONTO AREA

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MAP LE GE N D NEW HOMES CONDOS

START YOUR SEARCH

DOWNLOAD THE APP FEB 3 - 17, 2018  53

TRENDING

ONTARIO HOMEOWNERS SAY THEY WOULD VOTE FOR PARTY THAT GIVES TAX BREAKS FOR FIRST-TIME HOMEBUYERS New research from Nanos Research commissioned by the Ontario Real Estate Association (OREA) shows that a majority of Ontario homeowners and aspiring homeowners (60 per cent) say if a provincial political party promised to help homeowners improve their home’s energy efficiency and make homeownership more affordable for young people, it would have the biggest positive impact on the likelihood they would vote for that party.

“It’s no secret that many young Ontarians and first-time buyers are feeling squeezed by the rising cost of homeownership,” says OREA CEO Tim Hudak. “This year, governments have focused on chasing buyers out of the market with policies like making mortgages tougher to get and new taxes. If the government wants to make meaningful change for Ontario homebuyers, they need to instead focus on more effective policies, like tax relief and increased housing supply.”

Results of the research show homeowners and aspiring homeowners support energy efficiency and tax breaks for firsttime homebuyers. Seventy-one per cent of respondents say they support, and 18 per cent say they somewhat support, homeowners receiving tax breaks from the government to improve their property’s energy efficiency; and 63 per cent support and 18 per cent somewhat support providing 54 NextHome.ca | GTA

“

“It’s no secret that many young Ontarians and first-time buyers are feeling squeezed by the rising cost of homeownership” – OREA CEO Tim Hudak.

lower taxes and fees for first-time homebuyers.

“Tax breaks to support green retrofits in the housing sector and give relief to first-time homebuyers are both good public policies that all political parties can, and should, commit to,” says Hudak. “And, while housing supply and marketplace choice isn’t as politically sexy, it’s without a doubt

”

the best long-term solution to remove barriers and give growing families and Millennials a shot at homeownership.”

Ontario realtors are encouraging the provincial government and all political parties to commit to lower taxes and fees, no further regulation or intervention in the marketplace and increased housing supply.

SWO

SOUTHWESTERN ONTARIO

IN THIS SECTION

SHOWCASING NEW PROJECTS IN SWO

NEIGHBOURHOOD PROFILE: DURAND

MAPS & LISTINGS OF NEW COMMUNITIES

FEB 3 - 17, 2018  55

PROPERTY PROFILE

EMPIRE COMMUNITIES INSPIRING HOMEOWNERS TO LIVE BEAUTIFULLY

Empire Communities, one of Canada’s largest home builders, is launching a new design series in partnership with design expert Andrew Pike. The eight-episode Love Design, Live Empire video series filmed on location in five new model homes at the Riverland community in Breslau, Ont., will inspire homeowners to live beautifully in a space that reflects their style.

Starring Andrew Pike, founder and principal designer at Andrew Pike Interiors Inc. and nationally recognized media personality, these bite-sized videos offer essential tips and advice for every room of the home. By subscribing 58 NextHome.ca | SWO

to the video series, viewers will unlock new content each week including style guides, design tips and budget planning templates to design their dream home.

“We know how stressful and overwhelming decorating one room can be – let alone an entire newly built home – so partnering with Andrew Pike to create beautiful inspiration for homeowners and guide them through the design process of their dream home is something we are very excited about,” says Sue MacKay, vice-president of marketing at Empire Communities.

“By working with Andrew to create five very different, yet viable design

styles, we’ve made sure that there’s something for everyone.”

With five model homes at Empire Riverland as his canvas, Pike transformed each space into a magazine-worthy home. Through the series, viewers can now bring his expertise into their homes.

“After years of working with Empire, I feel confident I understand what their homeowners are looking for, and hope to inspire with both functional and sophisticated design,” Pike says. “My partnership with Empire has resulted in some truly amazing projects, and I believe this one is one of our best yet.”

For more information on Love Design, Live Empire, visit: lovedesignliveempire.com and take the Design Quiz to identify your design personality. Discover more inspiration on Facebook, Twitter, Pinterest and Instagram with #LoveDesignLiveEmpire.

EMPIRE RIVERLAND

Set in the picturesque town of Breslau, Ont., Riverland is a 1,300 townhome and detached home masterplanned community offering families a safe, friendly community rich with greenspace, parks, a community centre and schools. A quick jump to KitchenerWaterloo, Riverland has the best of both worlds – small town living with enviable charm.

For more information, visit empirecommunities.com For more information on Andrew Pike, visit andrewpikeinteriors.com FEB 3 - 17, 2018  59

TRENDING

MADIS N CE N T R A L PA R K in HAMILTON

See page 2 for more information

MAKE YOUR MOVE LosaniHomes.com 60 NextHome.ca | SWO

HOUSING AFFORDABILITY AT ITS WORST SINCE 1990 Rising home ownership costs in Vancouver, Toronto and Victoria pushed overall housing affordability in Canada to its worst level since the end of 1990 in the third quarter of 2017, according to RBC’s latest Housing Trends and Affordability Report RBC’s aggregate measure for affordability in Canada rose for the ninth consecutive quarter to 48.7 per cent in the third quarter of 2017. Housing affordability is calculated as the share of household income that would be required to carry the costs of owning a home at market price. A higher number means ownership is less affordable.

In Toronto, the affordability measure rose for the 13th consecutive quarter to a recordhigh 78.4 per cent, an increase from 77.1 per cent in the second quarter.

“The continued erosion in affordability in Toronto was a disappointment,” says Craig Wright, senior vice-president and chief economist at RBC. “There was scope for some improvement given the significant cooling in resale activity since April’s Fair

Housing Plan, but all we got was the slimmest rise in ownership costs in two years… The costs of owning a home are well beyond the means of many local buyers, but recent downward pressure on prices should bring some relief in the period ahead.”

Meanwhile, in Vancouver, the city experienced the sharpest affordability drop among Canada’s major markets, reaching a new record high for the measure for any market in Canada at 87.5 per cent, up from 82.6 per cent in the second quarter. Victoria also reached record-high levels at 61.5 per cent.

While Vancouver, Toronto and Victoria skewed overall national affordability, RBC’s measures rose in all markets including Ottawa and Montreal, but not Saint John.

Higher interest rates could have significant implications for housing affordability in Canada. RBC expects the Bank of Canada to build on the rate increases it made in 2017 by hiking its overnight rate three times in 2018. All markets would be affected, but the effect would be particularly amplified in high-priced markets.

NEIGHBOURHOOD PROFILE

DURAND CITY LIVING WITH RUSTIC CHARM

by CHRISTINE OTTONI

HOT SPOTS

THE CANADIAN FOOTBALL HALL OF FAME When visiting Durand, check out the Canadian Football Hall of Fame. This awesome location features memorabilia and pays tribute to the history of football in Canada.

Durand is a neighbourhood in downtown Hamilton, home to the city’s major businesses and City Hall. With a range of housing options, including condos and heritage homes, Durand residents enjoy all the conveniences of downtown living, with the historic charm.

MEET THE NEIGHBOURS

THE VIBE

IN THE AREA

Durand is an eclectic community, where old meets new. If you’re looking for city living with some rustic charm, this is the place to be. Durand has multi-level office buildings, apartments and condos in the north end, and townhouses, heritage homes and detached houses in the south. It is a city neighbourhood, with lots of downtown action including restaurants, bars and shops.

Known for its historic homes, heritage sites, shops and restaurants, the neighbourhood is most unique in its beautiful, historic buildings. The Whitehern Historic Site is a striking heritage home, centrally located with entertainment and education for the whole family. Secondary school students attend York Mills and Don Mills Collegiates.

Durand is home to some 12,000 people. It’s known for its mix of families, professionals and older residents. Housing is affordable in the downtown area, and homebuyers have lots of options from which to choose.

HAMILTON CONSERVATORY FOR THE ARTS Students can enjoy a variety of Arts programming including Dance, Music, Theatre and Visual Arts. The conservatory also offers a range of summer classes that are affordable and fun.

STEVE’S OPEN KITCHEN Steve’s serves classic diner comfort food at a great price. It is the local option for many downtown residents of Hamilton.

FEB 3 - 17, 2018 61

HOT PROPERTIES

FIND YOUR NEXT HOME The latest properties in Southwestern Ontario to keep your eye on

9. LIFE

SWO PREVIEW REGISTRATION 1. 140 CALEDONIA By: The Tricar Group City: Stratford Housing type: Four-storey boutique style condominiums tricar.com

2. AQUAZUL By: Homes by DeSantis City: Grimsby Housing type: Condominium suites aquazulcondo.ca

3. AVALON

MYST URBAN TOWNS

By: Empire Communities City: Caledonia Housing type: Townhomes and detached homes empireavalon.com

4. BRANT WEST

10. ON THE RIDGE By: Rosehaven Homes & Homes by DeSantis Location: Stoney Creek Housing type: Freehold townhomes liveontheridge.ca

11. ONE TWENTY CONDOMINIUMS By: Mountainview Homes City: Fonthill Housing type: Condominiums mountainview.com

12. PASSAGES ON THE CANAL By: Bayview-Wellington Homes City: Welland Housing type: Luxury freehold townhomes on the Canal mypassages.ca

By: Losani Homes City: Brantford Housing type: Towns and singles brantwest.com

13. SAPPHIRE

5. CLAIR MEADOWS

14. STEPPING STONES

By: Gatto Homes City: Guelph Housing type: Towns and singles gattohomesinc.com

6. FOCUS TOWNS

By: New Horizon City: Stoney Creek Housing type: Waterfront condominiums sapphirecondos.ca

By: Phelps Homes City: Smithville Housing type: Two-storey townhomes phelpshomes.com

15. SUMMERLEA WOODS

By: New Horizon City: Brantford Housing type: Townhomes focustowns.ca

By: Empire Communities City: Binbrook Housing type: Townhomes and detached homes summerleawoods.com

7. FOOTHILLS OF WINONA

16. TELEVISION CITY

By: DiCenzo Homes City: Winona Housing type: Townhomes, semis and singles dicenzohomes.ca

By: Lamb Development Corporation City: Hamilton Housing type: Condominium suites televisioncity.ca

8. GRANGE HILL POINT By: Reid’s Heritage Homes City: Guelph Housing type: 1- and 2-bedroom condos reidsheritagehomes.com 64 NextHome.ca | SWO

By: Branthaven Homes City: Winona Housing type: Luxury townhomes branthaven.com

17. THE GATSBY By: New Horizon City: Hamilton Housing type: Condominium suites gatsbycondos.ca

18. THE MCKENZIE

26. WILDFLOWERS

By: Losani Homes City: Caledonia Housing type: Towns and singles mckenziecaledonia.ca

By: Mattamy Homes City: Kitchener Housing type: Townhomes and 30and 36-ft. detached homes. mattamyhomes.com

19. THE PENINSULA By: Losani Homes City: Paris Housing type: Towns, semis and singles parispeninsula.com

20. TREND LIVING By: New Horizon City: Waterdown Housing type: Modern condo suites trendliving.ca

21. TIFFANY HILL By: Rosehaven Homes & Chiaravalle Developments Location: Ancaster Housing type: Freehold towns, semis and detached homes tiffanyhill.ca

27. MYST URBAN TOWNS

BY THE LAKE By: Homes by DeSantis City: Stoney Creek Housing type: Urban townhomes mysttowns.com

NEW OPENINGS 28. LINCOLN ESTATES By: Losani Homes City: Lincoln Housing type: Single-detached homes losanihomes.com

22. VICTORIA ON THE RIVER By: Stonecrest Homes City: London Housing type: Single-family homes stonecresthomes.ca

23. VISTA CONDOS By: VanKleef Development Group City: Hamilton Housing type: Condominium suites vistaoncharlton.ca

24. VISTA RIDGE By: Losani Homes City: Beamsville Housing type: Towns and singles myvistaridge.ca

25. EXPLORE By: Ballantry Homes & Branthaven Homes City: Hamilton Housing type: Townhomes exploretowns.com

MAPS Locate properties using the map on the following page

29. AFFINITY CONDOMINIUMS By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Condominium suites affinitycondo.com

30. BALDWIN PLACE By: Tillsonburg Developments City: Tillsonburg Housing type: Detached freehold bungalows baldwinplace.ca

31. CASTLE ROCK PLACE By: Rembrandt Homes City: London Housing type: Condo townhomes rembrandt-homes.ca

32. CLAIRITY

Housing type: One- and two-bedroom condominiums reidsheritagehomes.com

33. ELEMENTS By: Mountainview Homes City: St. Catharines Housing type: Luxury one- and two-bedroom luxury condos elementscondo.com

34. FOX FIELD By: Fusion Homes City: London Housing type: Single-family homes from $482,900 fusionhomes.com

35. HAVELOCK CORNERS By: Senator Homes City: Woodstock Housing type: New release of 42and 50-ft. singles senatorhomes.com

36. STATIONWEST By: Adi Developments Location: Burlington Housing type: Three-storey townhomes adidevelopments.com

37. THE ENCLAVES OF UPPER CANADA By: Menkes City: Georgetown Housing type: New release of sngle-detached homes on 40-ft. lots menkes.ca

By: Reid’s Heritage Homes City: Guelph

38. THE PRESERVE By: Mattamy Homes City: Oakville Housing type: Townhomes mattamyhomes.com

39. THE WEST

EXPLORE

+

By: Adi Developments Location: Burlington Housing type: Luxury boutique condos adidevelopments.com

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO WAYNE.KARL@NEXTHOME.CA

FEB 3 - 17, 2018 65

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THE LAST WORD

Q+A WITH DAVID WILKES, PRESIDENT AND CEO OF THE BUILDING INDUSTRY AND LAND DEVELOPMENT ASSOCIATION

by WAYNE KARL

David Wilkes took over as president and CEO of the Building Industry and Land Development Association on Jan. 3, succeeding Bryan Tuckey, who retired at the end of 2017 after five years.

Most recently senior vicepresident of government relations and grocery at the Retail Council of Canada, Wilkes is well aware of the challenges – and opportunities – that face the home building industry.

NextHome wasted no time in sitting down with Wilkes, in his third week on the job, for further insights.

NextHome: How are you settling in at BILD? David Wilkes: It’s going very well. I’m certainly

struck by the importance of the work that our members do and the economic activity they’re responsible for – approximately 175,000 jobs, $10 billion in annual wages and $30 billion in investment value. You recognize how much of a driver of the economy the development industry is. There’s an economic responsibility that I feel a great degree of commitment to, to protect.

I’m also struck by the societal importance of the work we do. I can think of very few things that an 70 NextHome.ca | GTA

industry is responsible for that are more important than the places that people call home.

I am quite honoured to do this work, and I feel a great passion to make sure that BILD continues to advance not only the interests of our industry, but also the interests of those who are purchasing homes that our members build.

NH: What was your impression of the home building industry in the GTA prior to joining BILD? DW: I did a lot of research beforehand. I was struck by the similarities between any industry that’s at the

“We need to make sure we have the right policy and regulations to provide the platform for growth, and build homes that are affordable for all across the region.”

end of a supply chain – whether it’s a home builder or condo development, or someone who is renovating a home… always has that same responsibility – you have direct contact with the consumer, there’s a lot of regulatory obligations that go into the work we do, and associated costs. So I was interested, if you will, in the similarities between retail work and the building industry, and I’ve always been impressed by the work this industry does.

NH: Bryan Tuckey just retired after five years. Fast-forward five years, and if you were to look back over those five years, what would success look like? What would be the key signposts at which you could say, yes, these past five years have been successful because..?

DW: There’s a tremendous story to be told about this industry that’s not being told in the proper way. We’ve talked about

the economic and societal impacts, but there’s a lot of innovation that’s going on – reducing the footprint through increasing sustainability efforts, using different types of models to intensify land use, as we see the growth that we’re anticipating here in the region.

So, really making sure that the reputation of this industry is told in a way that is thorough and complete, and enhances that reputation… that’s one goal I hope to achieve over my time.

The second would be: There is a need to make sure the purchasers of the products our members sell understand the impact various government regulations have on our industry. This will create a platform to ensure we partner with government in a way that builds the region we all want... expanding the good work we’ve done on government relations into that more holistic approach.

We need to make sure we have the right policy and regulations to provide the platform for growth, and build homes that are affordable for all across the region.

Statistics Canada estimates that by 2040, we’re looking at 4.7 million people living in the Greater Toronto region. That’s like the entire population of Montreal and Vancouver moving into Toronto.

This region is going to be a hub of economic activity, and we’ve got to make sure we get it right.

NH: What’s the number one challenge you see facing the home building industry?

DW: Affordability. No question.

It’s as simple as that.

NH: And the top opportunity?

DW: Addressing that affordability.

It’s the same thing. The challenge has to become the opportunity.

FEB 3 - 17, 2018 71

INDEX OF ADVERTISERS

Bayview Wellington Homes - Alcona Shores

Bayview Wellington Homes - Passages

47

60-61

Branthaven Homes - Explore

54

Branthaven Homes - Life

55

Concord Adex - Canada House Condos

Concord Adex - Saisons

Diam Developments - Radiance Towns

ELAD Canada - Lumina

Forest Hill Homes - Cornell Rouge

Great Gulf - 357 King West

Great Gulf - Arbor Peaks

27

Malibu Investments Inc. - Express Condos

35

Mattamy Homes - Cornell

BC

Mattamy Homes - Hawthorne South Village

BC

Mattamy Homes - Klienburg Summit

BC

Mattamy Homes - Queens Common

BC

Mattamy Homes - Vita 2

BC

Mattamy Homes - Vita On The Lake

BC

34

3

31

5 Menkes Developments Inc. - Corporate

1

Menkes Developments Inc. - Fleur

1

Menkes Developments Inc. - In.de

IFC

4

Great Gulf - Westfield

4

Greenpark - Mountainview Heights

25

Homes By Desantis - Myst

13

Losani Homes - Corporate

22

72  NextHome.ca

Madison Group - Nobu Toronto

23

4

Madison Group - Cornell Rouge

28-29

6-7

Great Gulf - Trafalgar Landing

Losani Homes - Madison Central Park Phase II

Madison Group - Frenchman’s Bay

2 & 58

31

Mountainview Homes - Sparrow Meadows

9

Park Hiatt Developments - Parkridge Preserve

8

Plaza - Musee

15

Starlane Home Corporation - Mountainview Heights

25

Treasure Hill Homes - Georgina Heights

19

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WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

HOW MUCH CAN YOU AFFORD WITH THE NEW STRESS TEST?

INDUSTRY INSIDERS PREDICT 2018 TRENDS

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SHOULD YOU TRY TO PAY OFF YOUR MORTGAGE EARLY?

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