GTA Homes Magazine - June 19, 2021

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Toronto’s Finest NEW HOME GUIDE

INSIDE:

ALL GOVERNMENTS NEED TO ADDRESS HOUSING SHORTAGE

WHAT YOU NEED TO KNOW ABOUT NEW HOME ADJUSTMENTS

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Contents Cover Story

20 stAteVIeW HoMes Set your new home SightS on Barrie and richmond hill 8 HOMES Magazine | June 19–July 17, 2021

66

40 66 50 DePARtMents

12

editor’s note Proving value

16

HOMeS Magazine Online

23

Inside The GTA

28

In Conversation With...

Frank Spaziani, Kylemore

44 Local Focus Barrie

66 Industry Report Government at all levels must commit to tackling housing shortage

CoLUMns

22

Stat Chat Three areas poised for growth in GTA new home market

27

30 Real Insight The journey to buying your first new home

Personal Finance How not shopping around for a mortgage can cost you thousands

36 Home Realty Toronto always a prized residential destination

37

18

GTA new home market records historic sales in April

19

GTA resale prices hit all-time high in May

Western View Population growth the proverbial elephant in the room

32

HoMes neWs

20

Canadian homebuyers need deeper understanding of real estate

21

Ontario markets still the hottest in Canada

In eVeRY IssUe

10

Contributors/Masthead

Legally Speaking

43 north Region

What you need to know about adjustments on new home closings

49 Southwestern Region

42 The Marketing edge Three things indie rock taught me about advertising

54 Maps & Charts for new home communities

64 Index of Advertisers

Editors choice 38

FIeLDGATe HOMeS Upcoming release of Dreamscapes, with many other communities coming soon

40 GeORGIAn COMMunITIeS The season of new opportunities

46 FOReST HeIGHTS eSTATeS Democrat Homes offers luxury family homes on treed lots

50 OAKVILLe RAVIne TOWnHOMeS New Dunpar collection offers gracious living in desirable location

nexthome.ca | myhomepage.ca 9

CONTRIBUTORS PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca WESTERN VIEW | MIKE COLLINS-WILLIAMS Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

Rise Levy

CONTRIBUTORS

Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Geoff McOuat, Ben Myers, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES NEXTHOME

HOME REALTY | 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

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca SENIOR MEDIA CONSULTANTS

Jessica Wilson 416.873.1049, jessica.wilson@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@nexthome.ca DIGITAL SALES MANAGER

Amanda Bell

VICE-PRESIDENT MARKETING – GTA

THE MARKETING EDGE | GEOFF MCOUAT Geoff McOuat is Creative Director, Brand Identity Consultant and Principal at McOuat Partnership, Toronto. mcouatpartnership.com

Leanne Speers

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

STAT CHAT | BEN MYERS Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsutling.ca

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs

VICE-PRESIDENT PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

REAL INSIGHT | LISA PATEL

Alicesa Pullan

Lisa Patel is President of the Toronto Regional Real Estate Board, a professional association that represents 54,500 professional realtor members in the Greater Toronto Area. You can contact her at trebpres@trebnet.com. trreb.ca

Hannah Yarkony

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR GRAPHIC DESIGNERS

Johannah Lorenzo, Mike Terentiev, Alice Wu Published by

LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM 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.

nexthome.ca Advertising Call 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038 Circulation Highly targeted, free distribution network aimed at real estate buyers using street level boxes, racking and Toronto Star in-home delivery.

Canadian subscriptions 1 year = 13 issues – $70 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416.

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 at @bildgta or visit bildgta.ca

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10 HOMES Magazine | June 19–July 17, 2021

Copyright 2021 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time.

Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.

EDITOR’S NOTE

PROVING VALUE

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

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

+ get social 12 HOMES Magazine | June 19–July 17, 2021

“Canadian homebuyers and sellers are in uncharted territory,” began a recent release from major realtor ReMax. This ought to be good, I thought, noting also that another line proclaimed that “Canadians need more than basic housing market knowledge from their professional realtor.”

There’s a lot to unpack there. And for the record, no offence to ReMax for the latter part of that second statement. It’s absolutely true that an experienced sales professional can be an invaluable part of your new home search team.

The part about needing “more than basic knowledge,” though? While that, too, is bang on, it’s somewhat surprising that that’s a chief revelation in a homebuyer survey.

Without a doubt, buying a home for many is an intimidating experience – especially these days, with prices being as high as they are. Let’s be honest, for some, it can be downright scary.

But even when GTA and other Ontario housing markets weren’t seeing routine double-digit price growth, and leading the continent in this respect, consumers should always understand that more than basic knowledge is a requirement for something of this magnitude.

It’s also true that we’re in unprecedented times, with COVID impacting homebuyer behaviours and desires, and now new mortgage regulations as of June 1 that might make it more difficult for some buyers to qualify.

All of this underlines the need for knowledge and information. The onus is on you, the homebuyer, to develop a fuller understanding of not just a transaction but of the new home segment – builders, communities, infrastructure, market influences, financing options…

That’s where publications such as HOMES prove their value. If you’re in the market for a new home, you’re no doubt taking notice of the numerous marketing vehicles builders and developers use – Twitter, Facebook, Instagram, TV, radio and more. It can be a lot to take in, and with some platforms, messages can be fleeting and homebuying opportunities hard to track.

With a good old hard copy magazine, though, you can take it, hang on to it, read it, re-read it, dog-ear the pages, share it… really absorb the information and learn, over the course of many editions through your months-long newhome search. Community profiles, expert columnists, neighbourhood profiles and more. In short, our goal is to provide depth, context and balance, all of it also published online at nexthome.ca, to aid you in your research.

So, yes, as per ReMax, a reputable sales professional can be part of your team, as well a mortgage specialist and lawyer. But before any of those, take some time to learn about this uncharted territory you’re about to venture into, with our expert content as your guide.

We think you’ll agree the package proves its value.

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Catch up between issues at nexthome.ca and enjoy these popular stories

Q&A THE POWER SEAT

Homebuilding leadership lessons from the best worst year ever There’s a bit of an elephant in the room, and our select group of homebuilding executives address some of the hot-button issues facing the industry and homebuyers these days.

In Conversation With... Mike Parker Vice-President, Sales And Marketing, Georgian Communities There’s good fortune, and then there’s good strategy. Barrie, Ont.based Georgian Communities finds itself in the fortunate position of being able to deliver on a growing homebuyer demand for larger homes, bigger lots and more privacy in quieter locations.

NEW HOME DEVELOPMENT

National Homes puts buyers first with innovative programs and events It’s one thing to design and then find homebuyers for your homes. It’s quite another to begin the process by listening – and then designing exactly what they’re asking for.

NEW COMMUNITY

INSIGHT

StateView Homes to launch townhome community – BEA Townhomes in South Barrie New home shoppers looking north toward Barrie should register now for BEA Townhomes – StateView Homes’ freehold townhome community at Essa Road and Ardagh Road in the amenity-rich area of South Barrie.

Transportation planning vital to the quality of life in the GTA Planning for growth, including transportation planning, is vital to enhancing the quality of life of every present and future resident of the GTA and Ontario. This is a real issue that needs serious, fact-based discussion.

Visit or check us out on 16 HOMES Magazine | June 19–July 17, 2021

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IN THE SPOTLIGHT

GTA NEW HOME MARKET RECORDS HISTORIC SALES IN APRIL The GTA new home market saw another very strong month in April, with record high sales of new condominium suites, according to the Building Industry and Land Development Association (BILD).

Condominiums, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 3,619 new home sales in April, according to Altus Group, BILD’s official source for new home market intelligence.

It was the highest number of new condominiums sold in April since 2000 and 69 per cent above the 10year average.

Sales of new single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), with 1,020 units sold, were 26 per cent below the 10-year average.

“We are continuing to see unprecedented activity in the GTA market,” says Dave Wilkes, BILD president and CEO. “The robust demand testifies to the continued attractiveness of the GTA as a place to call home. We must double down on our efforts to build enough supply to keep the market balanced and provide homes for the more than four million additional people who will call the GTA home by 2051.”

“The record number of new condominium apartment sales for April was boosted by a high number of recent launches of product spread throughout the GTA – about two-thirds of April sales were in projects opened in April,” adds Ryan Wyse, Altus group’s manager, analytics, Data Solutions. “The rapid price increase for new single-family homes since last summer is also a factor, as price sensitive buyers shift

their expectations to product they can afford.”

The benchmark price for new condominium apartments decreased in April compared to the previous month, to $1.06 million, but it was up

7.5 per cent over the last 12 months.

The benchmark price for new single-family homes also decreased compared to the previous month, to $1.39 million, which was still up 24.8 per cent over the last 12 months.

APRIL NEW HOME SALES BY MUNICIPALITY CONDOMINIUM UNITS

SINGLE-FAMILY HOMES

TOTAL

REGION

2021

2020

2019

2021

2020

2019

2021

2020

2019

DURHAM

140

6

40

276

74

121

416

80

161

HALTON

339

46

42

104

49

88

443

95

130

PEEL

790

29

760

219

54

269

1,009

83

1,029

TORONTO

1,390

341

1,004

12

13

52

1,402

354

1,056

YORK

960

86

1,206

409

119

254

1,369

205

1,460

GTA

3,619

508

3,052

1,020

309

784

4,639

817

3,836

SOURCE: ALTUS GROUP

18 HOMES Magazine | June 19–July 17, 2021

In the spotlIght

GTA RESALE PRICES HIT ALL-TIME HIGH IN MAY

Resale home sales in the GTA were strong in May, though, fell short of the 2016 record, and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. GTA realtors reported 11,951 sales in May 2021 – more than double the result from May 2020, the second full month of the pandemic. May 2021 sales were below the May 2016 record of 12,789, but remained well above the average May sales of 10,336 for the 2010 to 2019 period.

Often, May is the strongest sales month in any given year; however, 2021 results bucked this trend, with May sales below the 15,646 deals reported in March.

“There has been strong demand for ownership housing in all parts of the GTA for both ground-oriented home types and condominium

apartments,” says TRREB President Lisa Patel. “This was fueled by confidence in economic recovery and low borrowing costs. However, in the absence of a normal pace of population growth, we saw a pullback in sales over the past two months relative to the March peak.”

The MLS Home Price Index Composite Benchmark was up by close to 19 per cent year-over-year in May 2021. The average selling

price across all home types was up by 28.4 per cent year-over-year, reaching a record $1,11 million.

On a seasonally adjusted basis, the average price increased by 1.1 per cent between April and May 2021.

“While sales have trended off the March 2021 peak, so too have new listings,” says TRREB Chief Market Analyst Jason Mercer. “This means that people actively looking to purchase a home continue to face a lot of competition from other buyers, which results in very strong upward pressure on selling prices.

This competition is becoming more widespread with tighter market conditions in the condominium apartment segment as well.”

“The housing supply shortage in southern Ontario has been well documented. Policymakers at all levels have acknowledged that supply is an issue. It is important to understand that dealing with this issue will be important, not only for ensuring long-term housing affordability, but also the economic competitiveness of the Greater Golden Horseshoe,” adds TRREB CEO John DiMichele. “People and businesses are more likely to locate in regions that have an ample supply of affordable homeownership and rental options.”

GTA resAle AverAGe prices, MAy 2021 (yr/yr % chAnGe)

Detached Semi-detached Townhome Condo

416

905

Total

$1.70M (19.6)

$1.31M (34.3)

$1.39M (29.9)

$1.30 (14.5)

$924,160 (24.8)

$1.05M (21.7)

$928,678 (13.8)

$836,711 (23.0)

$856,940 (21.0)

$694,152 (0.1)

$589,396 (12.7)

$661,724 (2.9) Source: TrreB

nexthome.ca | myhomepage.ca 19

IN THE SPOTLIGHT

CANADIAN HOMEBUYERS NEED DEEPER UNDERSTANDING OF REAL ESTATE: SURVEY

Canadian homebuyers and sellers would benefit from a deeper understanding of real estate in these challenging times, according to a new survey from ReMax Canada.

The market is in uncharted territory, with another cycle of rising prices across the country, stretched affordability thresholds and demand continuing to far outstrip supply – conditions that will not be rectified in the short or mid-term.

Adding to these complexities is

the unexpected rise of Canadians upending their urban lives in favour of new beginnings in suburban and rural settings, creating a dramatic shift in lifestyle expectations, the company says.

“The stakes have never been higher for buyers and sellers,” says Christopher Alexander, chief strategy officer and executive vice-president, ReMax of Ontario-Atlantic Canada.

The company stresses the importance of buyers and sellers

working with experienced and knowledgeable real estate professionals during such challenging market conditions.

Nearly half (41 per cent) of Canadians claim to not be knowledgeable about the buying and selling process, according to a recent Leger survey commissioned

by ReMax Canada. Yet, 50 per cent still expressed interest in buying or selling a home using a DIY buying and selling platform for their perceived efficiency, ease, and convenience. But nothing about this current market is easy, and with affordability, coupled with the current safety challenges in the mix, going it alone could have unintended consequences.

Of the 41 per cent who aren’t knowledgeable when it comes to buying or selling real estate, nearly half (46 per cent) are Millennials, the largest cohort of buyers and sellers across the country. They are also the ones most likely to test alternatives to a realtor-led transaction; as many as 57 per cent state that they are more likely to buy or sell a home using real estate technology, given its increased availability.

NEW MORTGAGE RULES NOW IN EFFECT As of June 1, new mortgage regulations from the Office of the Superintendent of Financial Institutions (OSFI) went into effect.

The minimum qualifying rate for uninsured mortgages (residential mortgages with a down payment of 20 per cent or more) will be the greater of the mortgage contract rate plus two per cent, or 5.25 per cent.

Homebuyers face a wide range 20 HOMES Magazine | June 19–July 17, 2021

of issues, OSFI says, including high indebtedness, rapidly rising home prices, housing supply and competitive bidding in the resale market.

OSFI is also launching a new process to review and communicate the qualifying rate at a minimum annually, every December. This timing is set in advance of the high-volume spring housing market.

“In a complicated and sometimes

volatile housing market, the need for sound mortgage underwriting cannot be underestimated,” says Ben Gully, assistant superintendent, regulation.

“The new qualifying rate will help support financial resilience, should economic circumstances change, while our commitment to review the qualifying rate at least annually will contribute to continued confidence in the Canadian financial system.”

IN THE SPOTLIGHT

ONTARIO MARKETS STILL THE HOTTEST IN CANADA Housing markets in Ontario continue to defy pandemic odds and lead the country in price growth, according to the latest Royal LePage House Price Survey.

For the first quarter, the aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165, as strong demand continues to outpace supply in virtually every market across the country. More than two thirds of the regions surveyed (67 per cent) saw year-over-year double-digit aggregate price gains, driven largely by the single-family property segment.

Ontario markets continue to be the star performers, with most showing high double-digit price growth – including Windsor at 30.2 per cent.

The median price of a standard two-storey home in Canada rose 15.9 per cent year-over-year to $894,140, while bungalows increased 14.1 per cent to $628,341, and condominiums 2.0 per cent to $509,364. Price data includes both resale and new build. “(Last year) was a year like no other in Canadian real estate, with its unprecedented demand for homes, and month after month of recordsetting sales and price appreciation,” says Phil Soper, president and CEO of Royal LePage. “The usual winter slowdown was non-existent, and that momentum was carried forward through the first quarter of 2021.”

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 13.5 per cent to $805,000 in the fourth quarter of 2021, compared to the same quarter last year.

A return to pre-pandemic levels of immigration, the vaccine rollout’s impact on economic stability and confidence in the labour market, and continued low interest rates are supportive of home price growth through 2021.

“We expect this extreme seller’s market to moderate as the year progresses,” says Soper. “Some buyers will step away from the market in the face of sharply higher prices, and the supply of new listings should improve as people feel more confident that the health crisis is under control.

“It is important to note that the surge in housing demand over the past year was organic – buyers looking for family homes to live in. With borders closed, foreign investment was near non-existent, and speculative investment was very low. Yet new Canadians are beginning to arrive once more, and investors are regaining confidence

and returning to the market. This should sustain the current real estate boom well into 2022.”

In the GTA, the aggregate price of a home increased 13.1 per cent year-over-year to $989,961 in the first quarter of 2021. Two-storey homes rose 13.6 per cent to $1,164,894, bungalows 15.3 per cent to $982,120, and condos 1.2 per cent to $598,819.

“There is a persistent momentum in the market that continues to put upward pressure on prices,” says Debra Harris, senior vice-president, Royal LePage Real Estate Services Ltd. “Without an extended surge of inventory, that momentum is unlikely to relent.”

MEDIAN HOME PRICES, ONTARIO MARKET

Q1 2020

Q4 2020

Q1 2021

Q/Q % chg

Ajax Barrie

Y/Y % chg

$704,832

$774,233

$828,653

7.0

17.6

$527,078

$602,559

$646,168

7.2

22.6 19.5

Belleville/Trenton

$327,535

$355,728

$391,251

10.0

Brampton

$774,525

$838,810

$879,126

4.8

13.5

Burlington

$830,275

$922,620

$968,608

5.0

18.7

Guelph

$584,450

$625,356

$659,744

5.5

12.9

Hamilton

$581,633

$655,769

$677,034

3.2

16.4

Kingston

$395,351

$441,885

$466,137

5.5

17.9

Kitchener-Waterloo Cambridge

$540,988

$602,981

$657,532

9.0

21.5

London

$434,360

$482,815

$521,988

8.1

20.2 12.9

Markham

$1.01M

$1.09M

$1.14M

4.4

Milton

$806,404

$875,787

$917,889

4.8

13.8

Mississauga

$828,871

$884,527

$914,296

3.4

10.3

Niagara-St. Catharines

$467,873

$536,284

$568,205

6.0

21.4

$1.14M

$1.22M

$1.29M

6.3

13.5

Oshawa

$581,225

$658,670

$727,618

10.5

25.2

Pickering

$738,422

$847,704

$910,815

7.4

23.3

Richmond Hill

$1.12M

$1.83M

$1.23M

4.8

9.8

Scarborough

$709,396

$776,992

$833,716

7.3

17.5

Toronto

$917,000

$944,888

$984,709

4.2

7.4 14.9

Oakville

Vaughan

$1.03M

$1.11M

$1.18M

5.9

Whitby

$706,902

$789,941

$845,038

7.0

19.5

Windsor

$300,494

$353,830

$391,265

10.6

30.2 SOURCE: ROYAL LEPAGE

nexthome.ca | myhomepage.ca 21

ADVICE | stAt ChAt

three areas poised for growth in the GtA’s booming new home mArket

Ben myers

According to data released by BILD and its data partner the Altus Group, the sales of new homes in the GTA in April 2021 marked a 20-year high for the month. The pre-construction market is back, big time.

A question I get asked regularly is: Where is the next hot spot for real estate in the Greater Toronto Area?

I’m trying not to think too shortterm, but COVID-19 has certainly impacted my opinion, especially about prime downtown real estate.

If you are an investor looking at the highrise condo market in downtown Toronto, there is certainly a lot of inventory coming to market this year via completions. There is a multi-year lag between the sales and deliveries, and there was a record of more than 35,000 new condominium sales in 2017. Those buildings launched in 2017 are just now starting to complete and occupy, and they have a high share of investor purchasers who plan to rent them out.

According to data from rentals.ca, the average rent for condo apartments in the downtown core decreased by more than 20 per cent from the late 2019 peak to early 2021 though, an unprecedented drop. Some buildings have seen average rent decline by more than 30 per cent during that time. I fundamentally believe people will return to downtown, they will return to office towers, and the market will pick up again. Still, I would recommend being cautious when looking at condo product for more

22 HOMES Magazine | June 19–July 17, 2021

than $1,400 per-sq.-ft., especially if you’re looking to rent your suite for somewhere near your carrying costs.

The demand for new groundoriented housing (single-detached, semi-detached and townhomes), in the outer-suburban markets has taken off again, with average pricing up 25 per cent annually in April. We’ve seen this story before.

The average price for unsold new single-family homes increased by about 45 per cent annually in 2017, prompting the government to do something to stop it. Following the introduction of the Fair Housing Plan in April of 2017, demand and pricing declined significantly, and there was a couple of years of price flatness and tepid sales absorption. With lumber prices going through the roof right now, new single-family homes prices are only going to skyrocket.

This segment of the market has experienced a lot of price volatility, so if you are an investor, you have been warned – volatility equals risk.

So where does this all leave us?

Opportunities are emerging in certain areas, in terms of new condo construction. The explosion in new high-density activity in Oakville may be a good indicator of things to come in other municipalities.

Oakville is a highly desirable town and, because of the spike in downtown Toronto, pricing has become much more appealing to investors, with pricing from $850 per-sq.-ft. to $900 per-sq.-ft. Look for the same type of boom to occur in Aurora near the GO train station, and around Yonge and Bayview.

If you still can’t wrap your head around paying more than $500,000 for a 600-sq.-ft. suite, you should take

a look at Hamilton. The downtown is going through a revitalization, and many of the condo projects launched there recently have sold out in less than a year. This is a stunning result for an area completely ignored five years ago. Downtown Hamilton is what downtown Toronto was 25 years ago; if you have a long-term vision, this is a great place to put your money.

But my top choice right now is Scarborough; it is about the only place in the amalgamated City of Toronto where you can buy a unit for less than $900 per sq. ft. If you are a local investor, you don’t have to drive an hour to get to your property, and there is tremendous investment in future transit coming to Scarborough.

In 15 years, Kingston Road will be unrecognizable, with mid- and highrise towers from Victoria Park in the west to Pickering in the east.

Look for an explosion of activity around the GO train stations as well.

If you’re in the market for a new home, surround yourself with an experienced team, including a realtor familiar with the new home market, and a mortgage broker who can find you the best deal. Buy what you can afford, buy for the long-term, and do your research. Good luck.

Ben Myers is President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. bullpenconsulting.ca Twitter@benmyers29

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#InsidetheGTA

by SUSAN LEGGE

GTA

LORNE PARK PLACE

BOUTIQUE CONDO RESIDENCES COMING SOON TO LORNE PARK Cachet Homes is introducing an exclusive collection of 10 perfectly curated homes for elevated luxury living. The modern townhomes and inspired semidetached models at Lorne Park Place start from $2 million and provide a rare opportunity for a select few who know and love the area, which is known for its high-end shops, popular restaurants and family-friendly parks and trails. lorneparkplace.ca

Phase 2 of Union Village in Markham is sold out The latest phase of Union Village in Markham sold out in a week!

“The reception of Union Village has been so rewarding for us,” says Mike LaPlante, vice-president of land development, Minto Communities GTA, which has partnered with Metropia on this project. “As a developer, we are always seeking to build community, and this thoughtful approach has resonated with purchasers as seen with our Phase 2 sell-out. It was important for us to offer flexible floorplans and open up new possibilities for future residents to live with extended family or to support aging-in-place. We also continued to deliver on our commitment to sustainability by introducing NetZero home upgrades as an option.”

Union Village has four phases and a wide range of housing types, including single-family homes, back-toback townhomes, rear-lane townhomes and traditional townhomes. Future phases are coming. minto.com nexthome.ca | myhomepage.ca 23

Cover Story

STATEVIEW HOMES SET YOUR NEW HOME SIGHTS ON BARRIE AND RICHMOND HILL Known for crafting distinctive niche new home communities, StateView Homes’ tagline “Live Inspired” is realized in every neighbourhood the company creates. For more than 10 years, StateView has provided oldworld craftsmanship, forward-thinking architecture and design, innovation, dedicated corporate citizenship, and superior customer service.

The company has perfected the art of designing homes 24 HOMES Magazine | June 19–July 17, 2021

with architectural exteriors and interiors that are sophisticated, yet unpretentious; stunning, yet comfortable; beautiful, yet functional. All homeowners benefit from two programs aimed at peace of mind and comfort: iCare, which stands for performing with integrity, commitment, accountability, responsibility and experience; and Comfort+, which makes controlling and monitoring the homes easy.

StateView begins by selecting locations close to both greenspace and useful amenities, and then designs homes that fit seamlessly into their settings. Three examples of superb locations are in the cities of Barrie and Richmond Hill.

Barrie

A longtime residential hotspot, Barrie continues to attract new home shoppers looking for value and choice in a desirable location. The city is one of Canada’s fastest-growing municipalities because of the quality of life residents enjoy, along with lower home prices than they find in the GTA. Barrie is also a four-seasons playground for active people, with the Kempenfelt Bay shoreline’s beaches

and marinas, as well as ski resorts and snowmobile trails. Among the city’s many amenities are hundreds of restaurants, excellent shopping venues, access to highways, and the Royal Victoria Regional Health Centre.

New home sales in Barrie have been strong throughout the pandemic and remain robust. The city has grown significantly over the past several years, and provincial projections see Barrie growing to 298,000 by 2051 – more than double its current population. To say homes will continue to be in demand is an understatement. The opportunity to enter the Barrie market now, before prices rise, is enticing. StateView offers two possibilities: • In West Barrie, the company is going to be launching sales at BEA, the much-anticipated freehold townhome community at Essa Road and Ardagh Road. Residents will live in the midst of nature, just moments from highway and transit access and other family amenities. These well-appointed three- and fourstorey towns are priced from the high-$600,000s – a far cry from the prices of similar towns in the GTA. Among the luxurious standards in these townhomes are nine-ft. main-

floor ceiling heights, smooth ceilings in the kitchen, laundry room, powder rooms and all bathrooms, stone kitchen countertops, tile and natural flooring, plush broadloom, and oak stairs (all as per plan).

• This area is so appealing that StateView is also preparing to go on sale with Hampton Heights, just across the street from BEA. These 17 single-family homes will be available in three- and fourbedroom designs. The plans begin from 2,200 sq. ft. in size. Priced from $950,000, these luxurious homes will also be constructed to StateView’s exacting standards. richmond hill

Another Ontario city that is graced with beautiful green areas is Richmond Hill, where the Oak Ridges Moraine paints a breathtaking natural backdrop for residential communities. Even as the Town morphed into a City, Richmond Hill has retained its reputation as being a friendly community.

It is known for its kaleidoscope of arts and cultural opportunities in the form of celebrations, galleries, public art, the Richmond Hill Heritage Centre, AJ Clark Interpretive Centre, nexthome.ca | myhomepage.ca 25

Richmond Hill Centre for the Performing Arts, and other sites.

Richmond Hill is also home to the David Dunlap Observatory, numerous sports fields and recreational facilities, community centres, pools, parks, trails and natural areas.

Richmond Hill has also received numerous awards and accolades over the years. This year alone, it has been named a Tree City of the World and was recognized for the conservation of streams and wetlands.

StateView purchased three lots in this vibrant municipality, on Bond Crescent, near the intersection of Bond and King Road. The location is only a few minutes north of Bond Lake and west of Lake Wilcox. The homes are nestled in an enclave cradled in an upscale and established residential area. It is a short drive to a

26 HOMES Magazine | June 19–July 17, 2021

myriad of amenities, including parks, shopping, tennis courts, baseball diamonds, a library and an arena.

Majestic brick-and-stone exteriors and high-end interior finishes are highlights of these homes, which start from $2.3 million. Select from the 4,020-sq.-ft. Sky Fall, the 4,034-sq.-ft. Golden Eye and the 4,597-sq.-ft. Bond – each featuring four bedrooms, a private den, main floor gallery space and direct access from the garage into the home.

Arched porticos, peaked gables and trimmed windows will create an exquisite addition to the streetscape.

Sumptuous standards include (all as per plan) 12-ft. ceiling heights on the main floor, with nine-ft. on the second and basement floors; stone kitchen countertops; 200amp electrical service; 12-by-24-in. tile flooring and four-in. natural

flooring; oak stairs with wrought iron railings to finished areas with natural-finished oak handrails; plus a variety of other appointments such as art niches, stepped walls, vaulted and/or cathedral and/or waffle ceilings, double-height and Palladian windows, curved walls, media centres and art ledges. In addition, an optional elevator is available. The effects are stunning.

Of course, all StateView homes in Barrie and Richmond Hill are covered by the company’s iCare and Comfort+ programs.

StateView communities usually sell out quickly. To request an appointment at BEA, contact the sales team at sales@ stateviewhomes.com. To register for Hampton Heights and Bond, visit stateviewhomes.com.

ADVICE | WESTERN VIEW

POPULATION GROWTH THE PROVERBIAL ELEPHANT IN THE ROOM MIKE COLLINS-WILLIAMS

Over the past year, record-breaking home sales and price increases have provoked urgent discussions on how to address the chronic undersupply of housing in the face of skyrocketing demand. The erosion of the middle class and the aspirations of young Canadians to start families in communities across the Greater Golden Horseshoe is a huge issue that politicians and policy-makers need to act on. With each passing year, homeownership, especially for younger generations, is becoming even more unattainable.

The Greater Golden Horseshoe is Canada’s primary economic engine and the fastest growing region in North America. The proverbial elephant in the room is the massive amount of growth still forecasted to come our way in the coming decades. The Greater Golden Horseshoe is forecast to welcome 4.6 million new people by 2051. To put this into context, the regional growth is equivalent to the entire population of Greater Montreal moving here over the next 30 years. The only way to keep the lid on housing prices, is for local municipalities to acknowledge that elephant in the room and make realistic and achievable plans to respond to population growth.

Like anything else, housing prices are primarily a function of supply and demand. An underappreciated driver of Ontario’s housing boom is the increase in

the number of people moving to the province. Between 2015 and 2020, the growth rate in Ontario nearly doubled as the population grew by one million people. This rapid population growth has caused a significant shortage in family housing. This is why municipalities need to speed up approvals for transit-oriented communities with a diversity of unit sizes and to allow our urban boundaries to expand to accommodate more housing.

Realistically, we can’t continue to oppose to a city boundary expansion while simultaneously expecting housing prices to drop – or to not increase at the pace they have been recently. It is simply not a feasible approach, and it does not encourage complete communities.

This is exactly why the provincial government has an updated Growth Plan to ensure there is sufficient supply and mix of housing, that also

protects our valuable environmental resources within the Greenbelt. The Growth Plan provides direction on where and how to grow, but the ball is now in the municipal court.

Municipalities need to implement realistic plans to respond to population growth and address the housing crisis.

The Canadian dream of owning a home is moving further away from our younger generations. It is critical that our elected officials plan for, and rapidly advance, opportunities for new housing in vibrant complete communities.

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

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nexthome.ca | myhomepage.ca 27

IN CONVERSATION WITH...

Angus Glen South Village

FRANK SPAZIANI VICE-PRESIDENT KYLEMORE

by WAYNE KARL When it comes to housing markets in and around the GTA, few are as prized as Markham. Close enough to downtown Toronto, but also sufficiently removed from the hustle and bustle of the city, and adjacent to expansive greenspace and prestigious golf communities.

One of the most active builders in Markham is Kylemore, with a number of signature developments, existing and in the making, that deliver on discerning buyers’ demands.

We spoke with Vice-President Frank Spaziani, to learn more about the company’s focus on better living in a luxury environment, and why it believes “wellness” is the new luxury.

Let’s start with an easy one. Here we are, unbelievably, already halfway through 2021. What kind of year has this been so far for Kylemore?

To date, sales have been strong and demand for homes high.

We opened our newest masterplanned community, Angus Glen South Village, in October 2020 and 28 HOMES Magazine | June 19–July 17, 2021

continue to release new phases, which are selling well.

We are starting to see the impact of the pandemic on the industry supply side, where there are supply issues and cost increases on labour and materials, such as on lumber and appliances and other construction items. These are unanticipated costs for homes that were sold a few years ago and are being built now.

Wellness is an important theme with Kylemore’s communities, such as the new collection at Angus Glen South Village in Unionville. It has become part of your mission statement now.

What is the origin of this focus on wellness… is it something related to changing needs brought on by the pandemic, or does it go beyond that?

Live. Wellness. It’s the formalization and convergence of so much of what we’ve been implementing in our past communities over the years. Today, amid the pandemic, we’re proud to see that planning and

design components we included early on in our neighbourhoods, rank highly considering our current situation. By that I mean, specifically, the walkability and being able to stroll to community shops and services, the placement and use of parks, ensuring the best infrastructure is in place, such as fibre and high-speed Internet… these are all adding value to residents. It’s a pleasure to see neighbourhood residents, as well as those who live outside our communities, regularly walking these streets.

Is “wellness” here to stay?

Is Kylemore applying this philosophy at other developments?

Wellness is here to stay. We’ve applied it in the past and we’re embracing and expanding upon its delivery, as we continue to bring new communities to fruition.

Recently at Angus Glen South Village, we’ve enhanced our floorplan designs in many ways to build in the flexibility families require. Another

example is the inclusion of a threeyear community membership package to Angus Glen Golf Club for all our homebuyers.

Our future Langstaff Gateway community will benefit from the commitment of all levels of government to move the Yonge Street subway forward. This will make access to public transportation a reality for the future residents.

Walkability is a key part of the master plan, where a significant park/ woodlot at its eastern edge will connect to a promenade that extends through the development. Also, in this community we’ve consciously oriented the buildings to maximize light into the units.

What have you noted about buyers or the homebuying industry during the pandemic, that may require a slight pivot or other changes… be it buying preferences, locations, home sizes or sales methods?

We’ve found that our Angus Glen South Village designs are hitting the mark with respect to addressing the needs of our buyers with, for example ample-sized laundry rooms, private home offices, coach houses and inlaw suites, to name a few features.

Our sales program has embraced online appointments, and most of our purchase agreements are completed digitally. We are also creating an online portal for the Decor Studio, and I imagine these options will continue to be offered alongside in-person appointments for the foreseeable future.

Markham has been a central location for Kylemore’s developments in recent years.

Where else might the company be looking?

In our 24-year history, we’ve developed new neighbourhoods across the GTA. Today, we’re 100-per-cent focused on Markham, which is where we have land holdings, and a strong client base.

We’re proud of our past communities and encourage new buyers to visit Angus Glen Community to see the results of our planning and architectural design. Kylemore is based in Markham and will be for many years ahead.

Most of your communities seem to be luxury lowrise. Any thought into expanding in the condo category, or more multi-family offerings?

The exception to lowrise is the completion of The 6th Angus Glen, comprised of two boutique midrise condominium buildings overlooking the golf course. We also built and own the Shoppes of Angus Glen retail centre.

There are midrise condominium buildings in future phases of Angus Glen South Village, as well as mixeduse retail and office space in this community.

One of our future developments, now in early planning stages, is a high-density transit-based community called Langstaff Gateway.

Kylemore will build the eastern portion of this massive development, which stretches from Bayview to Yonge Street, just south of Hwy. 407

in Markham. This will be an entirely highrise development.

We are also planning Angus Glen North in Markham, where the master plan includes a mixed-use community of lowrise homes, mid- and highdensity condominiums, retail and golf.

Community involvement and giving back have long been cornerstones at Kylemore. How might your initiatives change, for example, due to new needs emerging through the pandemic?

Last year, when the pandemic started, we made a conscious decision to do more. We spoke with community groups and organizations with whom we have ongoing relationships, to learn their specific needs and provide support toward these urgent requirements. To date, donations have been made to 360 Kids, Blue Door, Yee Hong, Yellow Brick House, Evergreen Hospice and Markham Stouffville Hospital Foundation, to name a few. We also arranged for 1,200 boxed lunches prepared by Angus Glen Golf Club and delivered them to hospital staff to thank them for their hard work and dedication.

What’s next for Kylemore?

I mentioned Angus Glen South Village and Langstaff Gateway. A third major development now in draft planning stage is the North Village of Angus Glen. Our vision is the creation of a new residential community surrounding, with the golf clubhouse as its hub. kylemorecommunities.com

on a personal note How are you coping during the pandemic? Picked up any new hobbies or perfected any certain skills?

What changed for us is the temporary return of our adult children to the family home. We found ourselves planning regular family dinners, which was a nice and unexpected outcome. I have been doing more cooking.

We treasured the few times we were able to ski this past winter. And I’ve had a longstanding desire to improve my guitar playing, so I started regular online lessons.

What’s the first thing you’re going to do once things return to “normal”?

When we learned things were opening again slowly, the first thing we did was reserve a spot on a favourite patio for dinner with family. And we’re looking forward to travelling when that becomes possible. nexthome.ca | myhomepage.ca 29

ADVICE | REAL INSIGHT

JOURNEY TO BUYING

YOUR FIRST HOME lISa paTel

Buying your first home is an experience you won’t forget. It will likely be the largest and most important financial decision you’ll ever make. One thing is certain – you don’t need to be alone on this buying journey. By working with a TRREB member realtor, you can be sure that you’ll find a place you can call home.

After being pre-approved for a mortgage, your real estate professional will walk you through the first step you’ll take as you househunt together – discussing your must-haves. This step is all about ensuring you find a home that is right for you. They’ll be on hand to have an open conversation about your preferred neighbourhoods, what communities will offer you a short trek to a subway or bus stop, and anything in between, such as parks, shops and restaurants.

And when you attend a showing, it will help you envision yourself in a home. Although showings are strongly recommended to be held virtually, there are so many ways you can connect with your TRREB realtor.

30 HOMES Magazine | June 19–July 17, 2021

Whether it’s a video call or sharing photos, you’ll have what you need to picture yourself in this space.

Once your realtor has found a home that meets your must-haves, it’s time to make an offer. Signing your name on the dotted line is both an exciting and stressful part of the homebuying process. Rest assured, your real estate professional will be by your side to let you know what you’re signing, what it means if your offer is accepted, and how to avoid buyer’s remorse. You can also be sure that plan B is following closely behind, if your offer isn’t accepted.

As a first-time buyer, you’ll need to know about the minimum five per cent down payment and how it impacts you. And, if you aren’t sure how much of a down payment you’ll need, your realtor can connect you with a mortgage broker or bank that can advise you on the amount you’ll require based on the purchase price.

And let’s not forget about incentives and rebates that can help you save money as a first-time buyer.

There’s four that you can ask your realtor about if you’re purchasing a resale home.

If you have enough funds in a Registered Retirement Savings Plan (RRSP) and need tax-free support for a down payment, you can apply for the RRSP first-time Home Buyers’ Plan.

There’s also the First-Time Home Buyer Incentive, that could help you reduce your monthly mortgage payments. If you’re wondering if you’re eligible, your realtor can help you. And, finally, the land transfer tax rebate. When it’s time for closing, you’ll learn how much you owe in taxes. Since this is your first time around in the homeownership world, there’s a special tax credit to help you save on closing costs.

Lastly, if you have questions that are unique to your buying situation, the resources TRREB member realtors can offer are endless, and they’ll be able to point you in the right direction. So, get started and discover how buying your first home can be worry-free with a trusted realtor. Visit trreb.ca to start house hunting and learn more about first-time buyer incentives and rebates.

Lisa Patel, TRREB President and realtor, is an entrepreneur and strong community leader who has served with many organizations and groups, including chairing TRREB’s Women in Real Estate Task Force. trreb.ca

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ADVICE | PERSONAL FINANCE

MORTGAGE MISTAKES HOW NOT SHOPPING AROUND CAN COST YOU THOUSANDS

JESSE ABRAMS For Canadians buying a home, one of the first things on your to-do list should be to figure out where to get a mortgage. A recent survey conducted

by Homewise found that more than half of prospective homebuyers in Canada under the age of 45 – many of them first-timers – don’t shop around for a mortgage. Among those mortgage-seekers, more than half of them would go only to their own bank or one of Canada’s big banks.

Unfortunately, it’s clear that many don’t realize there are many other, potentially better mortgage options available in the marketplace that can save them thousands of dollars.

Although heading to your current bank might seem like the easiest way to find a mortgage, it can be restricting because it’s only one option out of the many that exist.

When you don’t shop around, you lose access to the different rates and features available, as well as the potential opportunity to save thousands of dollars. No two lenders are the same, which is why it’s necessary to broaden your search and understand the different mortgage features and options, while determining how they align with your specific needs.

Of course, shopping around can help homebuyers get a view of the best available rates in the market.

However, rate is often not the largest money-saver; it’s actually the key mortgage features. For example, many buyers break their mortgage early (before the end of their five-year term), whether it’s to move to a new home, refinance and other reasons. Certain lenders have substantially higher penalties for breaking a mortgage early – as much as tens of thousands of dollars. While a slightly lower rate may save you $20 a month, having a view of the potential penalties based on the lender can save you five to 10 times more over time.

If you’re a homebuyer who wants to pay down your mortgage as fast as possible, shopping around is also essential to ensure your mortgage includes the necessary prepayment features. If your mortgage contract doesn’t facilitate lump sum prepayments, you will be restricted from paying down your mortgage more than what is allowed.

Some lenders allow for 20 per cent annually, others as low as five per cent. Shopping around from the getgo helps to avoid such situations, while saving you more money in the long run.

A final reason to shop around is that some prospective buyers get turned down by their bank, and they assume they won’t get pre-approved elsewhere. Many lenders and lender

types have differing qualification standards, so people who may have been turned down in the past, can still realize their homebuying dreams.

There are two options when it comes to shopping around for a mortgage. One way to do this is by going from lender to lender and comparing options on your own.

Although this isn’t a bad idea, it can be incredibly time consuming and tedious, because you’ll need to resubmit your information and have your credit pulled each time you meet with a new lender.

Instead of going through this hassle, contract a mortgage company such as Homewise, which works with multiple lenders. We work with banks, credit unions and monoline lenders, and are able to search for the best options based on your unique situation. Going this route, you’ll work with a dedicated advisor who can help you uncover various mortgage options based on your needs and understand the specific rates and features available, guiding you through to approval and move-in.

And, importantly, they will pull your credit report only once.

At the end of the day, finding a mortgage doesn’t have to be complicated. When you take the time to shop around and partner with the right company, the door opens to a host of advantages that can save you time and a lot of money, while helping you secure the right mortgage for today and into the future.

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

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32 HOMES Magazine | June 19–July 17, 2021

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nexthome.ca | myhomepage.ca 35

ADVICE | HomE REAlty

NON-EXISTENT EXODUS TORONTO WILL ALWAYS BE A PRIZED RESIDENTIAL DESTINATION

DEBBIE COSIC

I’m sure you’ve heard about the ongoing pandemic-driven exodus of Toronto residents, looking to the 905 areas to find larger work-fromhome residences. At In2ition Realty, we see some pull to cities such as Pickering and Oakville, what we call 18-hour cities, versus the 24-hour city of Toronto. But it’s not an exodus.

In fact, it’s the opposite – especially now that the average price of homes in the 905 has surpassed that of the 416 area.

CREA statistics showed that in April, the average price in the 905 was $1.08 million, and in the 416 area $1.02 million. As the vaccinated work world opens up again and commuting resumes, people are looking at the suburbs thinking – do I really want to pay $60,000 more for a home and then drive an hour or two to work in Toronto?

Torontonians are deciding to stay where they are and enjoy the urban lifestyle. We also see buyers who want

to live in Toronto but can’t afford a large home or condo, so instead opt for a 500- or 600-sq.-ft. suite for now. They know they can move up when they gain equity. These may also be second residences for those who live out of town. It gives them a pied-à-terre when they want urban life, and it’s a great investment for their financial portfolio. The result is that the Toronto condo market is still hot. One example is Dylan Condos at Lawrence and Glencairn Avenues in Toronto, which launched recently and sold quickly.

Right now, 25- to 35-year-old Millennials represent up to 65 per cent of all real estate transactions – a huge driver for sales in the city.

These buyers appreciate not having to own a vehicle. They want a “lighter” lifestyle than their parents, so they don’t want the white elephant of a house. They are trading the dream of owning a lowrise home for doing other things. Toronto has the life and vibrancy they want.

The other side of the coin is emptynesters who have lived in the suburbs all their lives. Now that the kids are grown, they may choose to own a condo in one of Toronto’s great

neighbourhoods, and then maybe a smaller place elsewhere. Think the Niagara Region, Prince Edward County, or even Blue Mountain and Collingwood, where values have doubled in the past year.

Another case for staying in or moving to Toronto is the fact that city workplaces are poised to open again. Although I believe companies may maintain flexibility about working from home, I see them having employees come back to the office, even for a couple days each week.

In our company, our colleagues are excited by that prospect, because they miss the energy and collective brain power of interacting in person.

When immigration reopens, Toronto’s population will soar.

Immigrants usually seek out large urban centres, where they know they will find work opportunities. And Toronto was just ranked the fastestgrowing financial centre in North America when it comes to attracting finance sector workers.

The point is, we will come out of the pandemic way of thinking.

Toronto has always been, and will continue to be, a residential destination magnet.

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

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ADVICE | LEGALLY SPEAKING

WHAT YOU NEED TO KNOW ABOUT ADJUSTMENTS ON NEW HOME CLOSINGS JAYSON SCHWARZ, LLM & HAMZA AHMAD, JD If you think the price is the only amount you will be paying your builder upon closing your new-home purchase, you should read the fine print of your contract. Or, better yet, have a real estate lawyer review it for you.

INTERIM OCCUPANCY CLOSINGS

Before the final closing for a condominium, there will be an interim occupancy, where your unit is ready for occupancy, but minor construction in the building is still ongoing and the condominium is not yet registered – meaning there is no legal title for your unit that can be transferred to you.

During the interim occupancy phase, you can move into the unit without paying the balance of your purchase price, but you will pay a monthly occupancy fee. Under the framework of Ontario’s Condominium Act, the occupancy fee is comprised of: • Interest on the unpaid balance of your purchase price; • An estimated amount of property taxes; and • Estimated condo fees.

While many believe that an occupancy fee is another way for developers to extract more money from buyers, builders should not profit from occupancy closings.

ADJUSTMENTS ON CLOSING

Whether freehold or condominium, your builder can charge you for several

adjustments on final closing. These costs, which will be presented in a document called the Statement of Adjustments, will range from water and hydro connection fees, new home warranty enrollment fees, to fees for tree planting, driveway paving and development levies.

Development levies can be the most unpredictable, as they can range from hundreds to tens of thousands of dollars, unless the builder agreed to limit them to a specific amount during the negotiation phase of the agreement.

Every new home offer has an adjustment section in the Agreement of Purchase and Sale, and the adjustments are set out, usually in broad strokes or without a specific number attached. Adjustments are supposed to be delineated in the Tarion Addendum, but it never seems to quite happen that way.

As the purchaser, the onus is on you to insist that your adjustments are spelled out. There is nothing worse than coming to closing and being, for example, $4,000 short. No one needs that kind of last-minute pressure when you have a couple of days to close, and you find out you do not have enough money.

POST-CLOSING ADJUSTMENTS

The final closing does not necessarily signify the end of adjustments between a builder and purchaser, because there may be readjustments to some charges well after closing.

If your property has a yard, builders often charge a grading deposit. Often around $1,500, this is money the builder will hold until the municipality

assumes responsibility for your subdivision and confirms that the grading on your property complies with the municipality’s approved plans. It may take years for municipal assumption, and once that is done, you may contact the builder to get a return of your deposit. Don’t forget this important step.

Another major adjustment which you will need to follow up on is municipal property taxes. The builder may charge you for an estimated amount of property taxes because your property has not yet been assessed, and taxes are being paid at the vacant land rate. After closing, you will receive a supplementary tax bill, indicating the new assessed amount of taxes for your property. Usually, you will be able to present the new tax bill to your builder and have them readjust for property taxes, since the builder has to pay taxes proportional to their ownership of the property. In most cases, the assessment will mean the builder will pay you back for a portion of your supplementary tax bill.

Don’t forget!

The most important thing to understand is – know what it will cost to close. The best way to do that is to understand your adjustments when you get into the deal.

Jayson Schwarz, LLM, is senior partner, and Hamza Ahmad, JD, is an associate at Schwarz Law Partners LLP, a real estate and business law firm. schwarzlaw.ca, info@schwarzlaw.ca

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nexthome.ca | myhomepage.ca 37

BUILDER PROFILE | NORTH OSHAWA

FIELDGATE HOMES UPCOMING RELEASE OF DREAMSCAPE, WITH MANY OTHER COMMUNITIES COMING SOON! Fieldgate Homes is now open for purchasing by virtual sales appointments across the GTA! You can connect with them by phone, video chat or email for a secure and convenient homebuying experience.

Sales teams are waiting to help you find your perfect Fieldgate home.

Explore the featured communities below:

garages and some backing onto a lush protected greenbelt at Blue Sky! Offering a diverse selection of inspired home designs just moments to crucial modern amenities in an established community setting, explore charming country comforts, great local shopping and dining and easy access to Hwys. 404, 407 and the Stouffville GO station.

STOUFFVILLE: BLUE SKY

Register now at fieldgatehomes.com

A collection of remarkable singles backing onto a protected greenbelt Now open by appointment only – final release of 36-, 40- and 47-ft. singles from $1.4M Now, enjoy an in incredible collection of stunning 36-, 40and 47-ft. singles with two-car 38 HOMES Magazine | June 19–July 17, 2021

in one of the eastern GTA’s most popular communities. Take advantage of a master-planned community offering west Whitby’s best lifestyle near shopping, restaurants, Iroquois Park Sports Centre, Whitby GO station, excellent schools and more.

And with an all-new Phase 2 release, discover an exceptional collection of 21-ft., two-car garage rear lane towns, 22-ft. towns, semis and 30and 36-ft. detached designs in west Whitby’s finest natural setting.

WHITBY: WHITBY MEADOWS

Now open – new release of freehold towns, semi-detached homes and singles from the $800,000s After much anticipation, the Whitby Meadows community is now open!

Now, find stunning towns and singles

Register now at fieldgatehomes.com AJAX: ATOWNS

Now open – family-sized townhomes in Ajax from the $700,000s At Bayly Street and Salem Road in

Ajax, find an inspired collection of family-sized townhome residences surrounded by modern amenities and just moments from the shores of Lake Ontario! Get the most out of Ajax’s bustling downtown area and live minutes to great shopping, tasteful dining, convenient GO transit, easy access to Hwy. 401 and so much more.

Register now at fieldgatehomes.com for your chance to attend a Preview Purchase Event.

SHELBURNE: EMERALD CROSSING

Now open – 36- and 40-ft. singles from the $900,000s Emerald Crossing is now open, meaning now’s the time to discover a still country landscape surrounded by every modern convenience imaginable in Shelburne’s most anticipated new home community.

Enjoy an incredible collection of freehold townhomes and 36-ft. and 40-ft. singles available now just minutes from big brand outlets, remarkable restaurants, breathtaking greenspaces, and so much more.

Value is soaring in Shelburne as it’s Canada’s second-fastest growing municipality, so there’s no better time to get in on its best new home opportunity.

Register now at fieldgatehomes.com KLEINBURG: NEW KLEINBURG

Now open – 38-, 44- and 50-ft. singles New Kleinburg is a community of inspired family residences in a beautiful setting just moments from the heart of historic Kleinburg. With the future Hwy. 427 extension just minutes away, a new community school and excellent urban amenities close at hand, life in Kleinburg has never been more convenient. Here, discover a remarkable collection of expansive home designs including 38-, 44- and 50-ft. singles in exclusive cul-de-sac locations.

Register now at fieldgatehomes.com OSHAWA: DREAMSCAPE

Coming soon – 30-, 36- and 42-ft. detached singles

Get ready for affordable living in revitalized Oshawa with the incredible residences of Dreamscape coming very soon! This highly anticipated new home community offers a superb mix of expertly designed and crafted 30-, 36- and 42-ft. singles, moments to the best modern amenities Durham has to offer. Big box stores, bespoke boutiques, delicious dining, great schools, trails, conservation areas and shimmering Lake Ontario await those who call Dreamscape “home.”

Dreamscape’s anticipated release is just around the corner.

Register now at fieldgatehomes.com STOUFFVILLE: CITYSIDE

Coming soon – live/work townhomes and 36- and 40-ft. singles Register for a new release of freehold live/work townhomes, and 36- and 40-ft. singles that are coming soon. This is your chance to make your dream home come true in an incredible community setting, just minutes from all amenities. Cityside is located just minutes from Markham, Hwys. 404 and 407, and the Stouffville GO station.

Register for the next release now at fieldgatehomes.com PICKERING: SEATON

Temporarily sold out – register for future release Discover a serene natural landscape and the convenience of incredible big city amenities at Seaton by Fieldgate homes! Contemporary modern living arrives at the crossroads between old and new, offering a remarkable collection of freehold two-car garage towns in beloved community setting. This new community truly has something for everyone with Pickering Town Centre, sparkling Lake Ontario, shopping, greenspaces, restaurants, Toronto’s eastern border and so much more just minutes away. Seaton by Fieldgate Homes is temporarily sold out.

Register at fieldgatehomes.com to be notified of future releases. nexthome.ca | myhomepage.ca 39

BUILDER PROFILE | BaRRIE

GEORGIAN COMMUNITIES THE SEASON OF NEW OPPORTUNITIES There’s a change in the breeze, and it’s bringing more inspiring communities to southern Ontario.

Georgian Communities, known for its remarkable homes at Blue Mountain and within the Oro-Medonte region, is finally ready to release new information on its upcoming projects. Incredible natural amenities offering richly unique lifestyles to families across Ontario’s best landscapes is the mark of a Georgian community, and these new projects are guaranteed to carry that legacy.

Before releasing this new information, let Georgian Communities’ current projects speak for them.

Three unique communities; Mountain House, Windfall, and 40 HOMES Magazine | June 19–July 17, 2021

Braestone. Each of these has offered families a place to call home in locations where nature is the inspiration for everything. From the chalet-inspired condos of Mountain House, the Georgian Bay cabins of Windfall, and the farmhouse style homes of Braestone, the architecture reflects the land, in order to bring to life a full vision of a neighbourhood that lives harmoniously with its surroundings. Each element lifted from nature is lovingly refined and artfully crafted to bring the best quality in design, craftsmanship and character to each and every home. The overwhelming success of these communities is shown in the enthusiasm of purchasers, as

Mountain House is entirely sold out, and Braestone and Windfall are selling fast, with exciting new releases coming this year.

In the next several months, big things will be happening at Windfall.

With new releases around the corner and construction continuing, the completion of Windfall’s signature community gathering space, The Shed, is almost here. Soon, the vision of this striking, barn-inspired clubhouse will become a reality. After much imagination, dedication and hard work, this community hub will come to life. This is a place where kids can gather for an afternoon of fun and games and a place where neighbours can get to know one

another. A place to make lasting memories and lifelong friendships begin. A year-round gathering space solely for residents of Windfall, The Shed is one of Georgian’s signature “Remarkables.” These remarkables are amenities that make Georgian’s communities… well, remarkable! The completion of The Shed is the first big step for Georgian this year, but there’s much more to come.

As a testament to the unique, high-quality communities that Georgian creates, they were selected

as finalists for several of this year’s CHBA (Canadian Home Builders’ Association) Awards. Recognizing ingenuity, creativity, dedication and quality, these nominations highlight the unique communities that Georgian creates. As a finalist for both Best Mid-Highrise (completed) and Best Growing Community for Mountain House, CHBA has recognized the remarkable lifestyle found up in the Blue Mountains, perfectly matched to its surroundings.

Nominated for Best New Community, Windfall at Blue is recognized for its traditional charm and unique sense of community. With two other awards on the roster, Georgian Communities was recognized for five total nominations.

The future of Georgian Communities is a bright and shining star on the horizon. One of two new additions is coming soon to the charming historic village of Craighurst. Just minutes from the urban centres of Barrie and Orillia, this upcoming neighbourhood will benefit from all of the amenities that come from living close to the city without losing the small-town charm found in spades in Craighurst. Located at Horseshoe Valley Road and Hwy. 93, this community will offer inspirational architecture just one minute from Hwy. 400, providing the best access to the city, while still avoiding the congestion and rush of urban living.

With the serene and breathtaking Copeland Forest Trails right in your backyard, residents can enjoy hiking, biking, snowshoeing, cross-country

skiing and horseback riding just around the corner.

Continuing to build homes around the Blue Mountain area, Georgian Communities is introducing another new project to Collingwood. This boutique infill development will include just 19 units, two of which are to be built in a renovated 19th century schoolhouse at the corner of Maple and Sixth Street.

The unique inclusion of history in this modern community is one of the ways Georgian Communities incorporates architecture into its neighbourhoods, blending past and present in a way that creates timeless communities that seem as if they’ve always belonged.

All the amenities of downtown Collingwood, with walkable shops and restaurants, and the proximity of Blue Mountain, provide this upcoming community with the perfect blend of nature, charm and convenience that Georgian proudly provides in each and every project.

With a dedication and passion to providing quality homes in Ontario’s most incredible landscapes, Georgian continues to create unique communities to invite families to explore unmatched natural lifestyles.

Though chalet-inspired Mountain House is sold out and Braestone and Windfall are selling fast, exciting new projects in Craighurst and Collingwood are on their way.

For further information visit the website. georgiancommunities.ca

nexthome.ca | myhomepage.ca 41

ADVICE | THE MARKETING EDGE

THREE THINGS INDIE ROCK TAUGHT ME ABOUT ADVERTISING

GEOFF McOUAT

Every good creative person has a past, something they did before they got into advertising that gives them perspective, insight, and hopefully an understanding of the human condition.

I was in an indie band, successful enough that the Junos asked us to represent our decade for their 40th anniversary. But when I left the band and stopped trying to be a rock star, I started working with session players, supporting other people, and it changed my perspective on my role as a creative person.

A NOTE FOR AGENCIES: BE A GREAT SESSION PLAYER IN SUPPORT OF THE STAR

An ad agency has to be a chameleon.

Like a session musician, they need a broad enough skill set to adapt their style to play exactly what’s needed for each individual client. And you can’t do that if you have a limited bag of tricks.

So, there I was working on a project with some great session musicians and in the first few minutes I learned that doing one thing well isn’t nearly enough. Sure, I could play, but these guys had made records with genuine rock stars such as George Harrison, Robert Palmer, The Who, Bryan Ferry, and Peter Frampton. That meant they could switch styles, rhythms and keys without missing a beat, or turn a song inside out until it was great.

It was a different way of looking at the creative process. It wasn’t about expressing your voice, it was about 42 HOMES Magazine | June 19–July 17, 2021

helping someone else express theirs.

As agencies, we’re here to help make stars out of each builder we work with. Every client is unique, and every place we draw people to has its own character. When they start looking alike, even slightly, that’s a problem. Because it’s hard to chart with a new song that sounds like last month’s hit.

FOR CREATIVES: NEVER LET TECHNIQUE GET IN THE WAY OF CREATIVITY

Your design training taught you professional skills, and you’ve honed them through repetition.

But your creativity is something deeper and fundamentally more important. It’s what sparked your desire to make things, to imagine things that could be.

Design and creativity are two different things, though that can be easy to forget when you’re on a deadline. One has rules. It’s rigid and specific with generally accepted principles that guide the process. The other is the opposite. It’s childlike, new and individual. It’s a way of thinking where rules are to be broken, bent or inverted. Sometimes, the two can even be at odds when the process of design takes over with its focus on balance, form, colour, rhythm, space and all of the principles that define and limit your creativity.

How do you keep that spark alive, project after project, year after year?

Stay curious. Not casually curious, be committed to curiosity. Make it a central part of who you are. Stay childlike. Pretend you’re the person your work is talking to. Get into the mind of the person who will live there.

Stay brash. Learn the rules, of course,

then break them just the right amount.

And do it every day. Learn, watch and listen – really listen – and then imagine what could be, but isn’t. Yet. FOR CLIENTS: IF YOUR PRODUCER MAKES YOU SOUND LIKE SOMEONE ELSE, GET A NEW PRODUCER

You’re the star under the spotlight.

And, if you’re like most clients, you’re willing to put in the effort to stand out. But our business starts and ends with the people who buy homes, so if you want your message to be a hit with the public, don’t sound like some other band. Create an identity that is a deep and true reflection of what makes your company unlike any other in the industry.

It takes self-awareness and perspective and a close partnership with your agency. There is only one company exactly like yours. Define the characteristics and differences that are at the heart of your brand, bring the essence of your story to the forefront and create something individual. Your brand should be bespoke, not off the rack.

So, commit to being individual.

Commit to being noticeably different.

And never, ever let your brand’s voice sound like someone else’s. You deserve to be front and centre in the mix. And when the mix is right, it never hurts to add a little more cowbell.

Geoff McOuat is Creative Director, Brand Identity Consultant and Principal at McOuat Partnership, Toronto. mcouatpartnership.com

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HOMES MAGAZINE

NORTH REGION FEATURING PROFILES OF NORTH REGION ONTARIO BUILDERS AND COMMUNITIES

PICTURES ARE COURTESY OF GEORGIAN COMMUNITIES. FOR MORE INFORMATION SEE PAGES 6-7.

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach nexthome.ca | myhomepage.ca 43

LocaL Focus

BARRIE GATEWAY TO COTTAGE COUNTRY A GROWING COMMUNITY IN ITS OWN RIGHT

by WAYNE KARl Barrie may be best known as the “gateway to cottage country,” but, borrowing from a recent initiative of a certain provincial politician, the city might just as well hang a sign out front saying, “open for business.”

Indeed, the days of this city of 153,356 being little more than a popular getaway destination are long over.

Barrie is a thriving city in its own right. It has long moved on from a bedroom community for Toronto, about 100 kms south, to build 44 HOMES Magazine | June 19–July 17, 2021

its own increasingly diversified economy, with a focus on education, healthcare, information technology and other sectors.

For example, Barrie hosts industry experts, executives, investors and entrepreneurs from across Ontario at the annual Manufacturing Innovation Summit. Presented by the Business Development Bank of Canada, the event strives to help manufacturers maintain competitiveness and maximize productivity.

This year, thanks to COVID, the City of Barrie, in partnership with the County of Simcoe, the City of Orillia, Georgian College and Lakehead University, hosted the fifth annual event virtually. creative economy

Further illustrating a focus on economic development, the City has partnered with Sandbox Centre to make regional resources for innovation and entrepreneurship more accessible to local businesses.

in the fourth quarter of 2020 – and 22.6 per cent from $527,078 in the first quarter of 2020. deveLopment strategy

Opened in 2019, Sandbox Centre is the first private sector-led innovation hub in Ontario.

It is exactly these types of initiatives that make Barrie so appealing for real estate. Economic development means employment, jobs attract residents and residents translate to housing demand.

The city’s ability to attract younger residents is influenced by its growing reputation as a place for families and young, active professionals.

Recent GO Transit expansion has made it easier for professionals to live in Barrie, where it’s more affordable, and work in Toronto or somewhere along the way.

All of this makes Barrie one of the hottest housing markets in all of Canada. Yes, you read that right.

Aggregate home prices for the first quarter of 2021 rose 7.2 per cent to $646,166 from $602,559

“Unlike Vaughan and other suburban cities, Barrie’s development strategy and plan has been gradual, unfolding and evolving over decades to ensure sustainable and manageable growth,” Max Maccari, broker with Right at Home Realty, Barrie branch, told HOMES magazine. “The pandemic has also likely caused an accelerated shift in lifestyle needs, and what the media has deemed a ‘mass exodus’ from the city. In my opinion, this shift was happening organically, and simply fueled by the ‘fears’ and ‘uncertainty’ of the global crisis.

“And, as a result, the huge spike in demand for homes set the real estate market on fire, with prices increasing 40 per cent compared to May 2020.”

For new home development, much of the activity is taking place in the south end of the city, where townhomes and condos are the prevalent housing type, to appeal to first-time buyers and downsizers, Maccari says.

“Barrie municipal government and employees have made excellent decisions over the years, masterplanning the city’s future growth,” he says. “The new housing opportunities over the next three to seven years will be sufficient to maximize Barrie’s population targets.”

And when it comes to recreation property, the Barrie area really proves its mettle. Average prices of waterfront rec properties skyrocketed 72 per cent to $1.68 million in 2020 from $1.07 million in 2019, according to the 2021 ReMax Recreational Property Report. The realty firm forecasts growth of another 10 per cent through 2021.

Live, worK and pLay

Tourism still plays an important role in the local economy, with the historic downtown and waterfront among the major attractions. During non-COVID times, of course, the downtown area hosts numerous annual festivals and events, such as The Barrie Waterfront

Location, Location, Location

Located in Simcoe County in the northern part of the Greater Golden Horseshoe, about 100 kms north of Toronto, 36 km to Orillia; population 153,356.

Key LandmarKs

• Centennial Park & Beach • Georgian Theatre • Heritage Park • MacLaren Art Centre • Sadlon Arena • Waterfront Heritage Trail seLect housing deveLopments

BEA Townhomes

By StateView Homes stateviewhomes.com Braestone Horseshoe Valley

By Georgian Communities georgianinternational.com Essa Towns

By Centreville Homes essatowns.com Friday Harbour Resort

By Geranium geranium.com Lakeview Towns

By Plazacomm lakeviewtowns.com Midhurst Heights

By Geranium geranium.com Professor’s Walk

By Democrat Homes democrathomes.com

Festival, Barrielicious, Winterfest, Jazz & Blues Festival, Promenade Days, and Ribfest and Craft Beer Show.

Barrie is also home to Kempenfest, one of the largest outdoor arts and crafts celebrations in Ontario.

During the winter months, people still flock to the area’s nearby ski hills – Horseshoe Resort, Mount St. Louis Moonstone, and a little further afoot, Blue Mountain.

Then, of course, there’s the hometown Barrie Colts of the Ontario Hockey League, who play out of the Sadlon Arena downtown. nexthome.ca | myhomepage.ca 45

BUILDER PROFILE | HORSESHOE VALLEY

FOREST HEIGHTS ESTATES DEMOCRAT HOMES OFFERS LUXURY FAMILY HOMES ON TREED LOTS In these heady real estate times, is it still possible to own a luxurious home on a large lot, for a sensible price? Democrat Homes is creating one of the most exclusive and reasonably priced communities in the GTA, just one hour north of the city and perfectly situated between Orillia and Barrie.

Forest Heights Estates offers brick and stone bungalow or two-storey single-family homes on treed ravine lots. These magnificent homes are nestled in nature but surprisingly close to all modern amenities.

Life here means that hiking, skiing and golfing are just minutes away; while big box stores, boutiques, restaurants, waterfront, schools, hospitals and a major university are just a short drive away.

Imagine coming home to this scene every night… towering pines and maples, oak trees and white birch dotting the landscape. Here, you breathe in the clean, fresh air as 46 HOMES Magazine | June 19–July 17, 2021

you listen to the sound of serenity, interrupted only by the gentle chirping of birds. Now imagine the home of your dreams framed against the greens and reds and browns of the Simcoe County Forest. Wow! It’s like no other community – a special place that will remain a jewel in the heart of Oro-Medonte for years to come – and limited to a mere 80 lots. Each lot is unique, ranging from a minimum half acre to premium lots approaching three acres of treed magnificence, set on private cul-de-sacs.

The oversized lots are perfectly complemented by these exclusive homes. Bold brick and brick with stone elevations are dramatically silhouetted against the lush greenery just outside your back door.

Democrat Homes’ custom-style elevations feature architecturally refined exteriors, highlighted by high-pitched roofs, classic masonry, decorative columns, and pre-cast detailing (such as key-stones,

banding and sills) giving all the homes a majestic stature.

Democrat has raised the bar by offering exceptional standard features, including engineered hardwood floors, nine-ft. ceilings, oak stairs, insulated steel garage doors, upgraded trim and kitchen cabinets, 200-amp service, pot lights, tankless water heaters and more. Democrat wants to set every house apart with a uniqueness and individuality that speaks to your refined taste, bringing elegance and luxury inside every home the company builds.

Classic two- or three-garage bungalows with nine-ft. ceilings, upgraded kitchens and finishes, are sited on sprawling 100-by-200-ft. (minimum) sized lots. These singlelevel homes range from 1,615 to 2,821 sq. ft. and incorporate large picture windows with ample views of the stunning landscape... of your own backyard.

Other standard features include hardwood flooring, gas fireplace, granite counters, superior ceramics and designer finishes. Whether you just like the one-floor convenience or have it had with climbing stairs, these are the perfect models for you.

But that is only half the story.

Discover the unmatched beauty, refinement and elegance of a classic two-storey estate home backing on to an unspoiled ravine. There are six exceptional models to choose from, ranging in size from approximately 2,400 to 3,500 sq. ft., one more beautiful than the other.

These stunners offer high-pitched roofs, two- and three-car garages, large verandas, and distinct windows on their brick and stone exteriors.

Step inside to discover sizeable foyers, nine-ft. ceilings (some with vaulted and cathedral treatments), wood, tile and berber carpeted floors, large master bedrooms plus two or three additional generous bedrooms, and so much more. The refined town and country homes have found a perfect placement in picturesque Horseshoe Valley.

Forest Heights is a real neighbourhood with fantastically fit empty-nesters and fresh-faced younger families coming together in a celebration of fine living and fabulous surroundings. All homeowners will enjoy convenient access from Horseshoe Valley Road,

and the homes are perfectly situated on a quiet main road as well as several one-of-a-kind cul-de-sacs.

Everything you need is right there, or conveniently close by. The area’s famous ski hills and renowned golf courses are literally a five-minute drive away.

Sales Manager Mark Palumbo handles every purchase personally and will help you navigate your newhome buying experience with ease.

From the initial purchase to colour charts, electrical layouts and kitchen design, Palumbo will assist you with every aspect of your new home.

Democrat Homes is family-owned and represents almost four decades of building expertise, with hundreds

of homes built in communities across the GTA. Finally, you should know that these Estate Homes are available at about half the Toronto price, starting at less than $1 million. Phase 2 is almost 80 per cent sold, but a generous selection of houses and lots are still available.

Now is the perfect time to find your forever home in Forest Heights.

FOREST HEIGHTS ESTATES, DEMOCRAT HOMES For further information and to register, visit the Democrat Homes website or email Sales Manager Mark Palumbo directly. democrathomes.com mark@democrathomes.com

nexthome.ca | myhomepage.ca 47

FOREST HEIGHTS FOREST HEIGHTS

FORESTHEIGHTS HEIGHTS ESTATES ESTATES HAS FOREST HASITITALL! ALL! Find your perfect home in Horseshoe Valley’s most exclusive new residential community.

Find your perfect home in Horseshoe Valley’s most exclusive new residential community.

Discover stunning Bungalow and 2-Storey homes on 1/2 Acre+ ravine lots. The unique Discover and 2-Storey 1/2 Acre+ ravineceilings, lots. The unique designsstunning include: Bungalow brick and stone facades, homes 2/3-car on garages, california 3-piece designs include: brick and stone facades, 2/3-car garages, california ceilings, 3-piece appliance package and insulated steel garage doors! Hurry, Phase 2 is almost SOLD OUT! appliance package and insulated steel garage doors! Hurry, Phase 2 is almost SOLD OUT!

EMAIL mark@democrathomes.com

EMAIL mark@democrathomes.com

democrathomes.com

democrathomes.com

HOMES MAGAZINE

HOMES MAGAZINE SOUTHWESTERN

SOUTHWESTERN ONTARIO ONTARIO FEATURING AND COMMUNITIES COMMUNITIES FEATURINGPROFILES PROFILESOF OFSOUTHWESTERN SOUTHWESTERN ONTARIO ONTARIO BUILDERS AND

PICTURES ARE COURTESY OF DUNPAR HOMES. FOR MORE INFORMATION SEE PAGE 53.

PICTURES ARE COURTESY OF DUNPAR HOMES. FOR MORE INFORMATION SEE PAGE 37.

Brantford • Burlington • Cambridge • Georgetown • Guelph Halton •Hills • Hamilton • Kitchener-Waterloo Brantford Burlington • Cambridge • Georgetown• Milton • Guelph Niagara • Oakville • Stoney Creek • And Surrounding Areas

Halton Hills • Hamilton • Kitchener-Waterloo • Milton Niagara • Oakville • Stoney Creek • And Surrounding Areas

nexthome.ca | myhomepage.ca 49

BUILDER PROFILE | OAKVILLE

OAKVILLE RAVINE TOWNHOMES NEW DUNPAR COLLECTION OFFERS GRACIOUS LIVING IN DESIRABLE OAKVILLE Dunpar Homes’ stately collection of 63 executive English Georgian Manor Towns and semi-detached homes in Oakville is a perfect fit for this prosperous, beautiful town just west of Toronto.

Oakville, the largest town in Ontario, is rated as one of the top places to live in Canada, and has one of the country’s highest per capita incomes. Just 30 kms from the bustling action of downtown Toronto, the town has a relaxed, more peaceful atmosphere. Oakville is also 50 HOMES Magazine | June 19–July 17, 2021

sophisticated and cultured, and its downtown is where heritage, arts and entertainment come together, along with upscale boutiques and exceptional restaurants. The Waterfront Trail running along Lake Ontario through town takes in views of leafy streets, beautiful homes and gardens and the waterfront.

Oakville offers one of the most desirable lifestyles in Canada, and aspires to be one of the country’s most livable communities, with 1,420 hectares of parkland, 150 kms of trails

and more than 200 parks, dog parks, playgrounds, splash pads, tennis courts and more. It has some of the country’s top-rated schools and boasts two harbours.

Reflecting the town’s upscale lifestyle and beautiful homes, the executive townhomes of Dunpar’s Oakville Ravine Towns at Sixth Line and Germorda Drive will bring the company’s distinctive classic architecture and quality construction to a site surrounded by nature and close to numerous amenities.

Sixteen Mile Creek is just beyond the back door, with more natural spaces nearby, including Wildwoods Park and Hog’s Back Park as well as the manicured greens of the Oakville Golf Course and legendary Glen Abbey Golf Course.

Though the amenities of downtown Oakville are less than a 10-minute drive away, Ravine Towns residents will have everything they need closer to home, including big box stores such as Home Depot and Oakville Place Mall, with numerous stores and services. Commuting is convenient, with the QEW/Hwy. 403 just south of the site and the GO station a short drive away.

Oakville Ravine Townhouses are set within an existing neighbourhood with mature trees. Each townhome has three bedrooms and a two-car garage. The three-storey towns’ exteriors are architecturally styled after English Georgian Manors and feature genuine custom natural Indiana limestone, ledger rock Kingstone Hue stone exterior planter boxes, woodembossed front doors and natural cedar entry canopies and cladding.

Dunpar’s signature lush landscaping adds to the upscale appeal of the townhome community.

Interiors have functional openconcept designs, with dramatic nineft., six-in. ceilings on the main floor and nine-ft. on the third. Upscale finishes include engineered oak hardwood, Berber carpet and natural oak stair treads and risers. Gourmet kitchens feature custom cabinetry, extended height upper cabinets, granite countertops, double-mount stainless steel sinks, under-cabinet LED valance lighting and a luxury appliance package that includes stainless-steel refrigerator, slide-in electric range, dishwater, over-the range microwave with integrated exhaust fan and white front-loading washer and dryer. Deluxe bathrooms include custom vanities, marble countertops, soaker tubs and glassedin showers.

A high-velocity forced air-handler will supply heating and cooling, and a dual-zone climate control system has separate programmable thermostats

on the first and third floors.

The homes will have direct access to the garage. An exterior walkout pressure-treated wood deck is accessed through sliding glass doors from the kitchen and there’s gas rough-in for a barbecue.

Some of the townhouses will back onto the ravine and will have optional elevators to be fully accessible.

Prices of the towns will start in the low $1-million range. Visit Dunpar’s website for more details.

Dunpar has adapted its processes to keep customers safe while COVID-19 protocols are in place,

with virtual tours of sites, floorplans, master plans, sales presentations and one-on-one virtual meetings.

All elements of the sales process for Oakville Ravine Towns can be completed electronically.

For more than 40 years, Dunpar Homes has been building thoughtfully designed and architecturally unique homes and communities across the GTA, and has built a reputation as a premier builder. For further information, visit the website. dunparhomes.com

nexthome.ca | myhomepage.ca 51

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HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Greater Toronto Area to keep your eye on

MAP LOCATION 1.

SITE

ADDRESS

CONTACT

Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ....................................................... fieldgatehomes.com

2.

Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ..........................................paradisedevelopments.com

3.

Aurora.............................................Queen’s Grove Collection..................................... Yonge St. & Bloomington Rd. ............................................... northstarhomes.com

4.

Aurora.............................................Allegro Downtown Aurora .................................... 36 Klees Crescent .................................................................................geranium.com

5.

Aurora.............................................Woodhaven ............................................................... 14222 Yonge St. ................................................................brookfieldresidential.com

6.

Aurora.............................................Shining Hill ................................................................ Yonge St. & St. John’s Siderd. .............................................. regalcresthomes.com

7.

Aurora.............................................Aurora Townhomes................................................. George St. & Wellington St. .........................................................andrinhomes.com

8.

Aurora.............................................Paradise Aurora ........................................................ Mavrinac Blvd. & Wellington St. ...............................paradisedevelopments.com

9.

Brampton.......................................Vales of the Humber Estates ................................. McVean Dr. & Countryside Dr.............................................. regalcresthomes.com

10.

Brampton.......................................Spring Valley Estates ............................................... 1364 Queen St. ........................................................................ springvalleyestates.ca

11.

Brampton.......................................Mayfield Village ........................................................ Bramalea Rd. & Mayfield Rd. ................................................. royalpinehomes.com

12.

Brampton.......................................Claireville Urban Towns ......................................... The Gore Rd. & Queen St. ..................................................... royalpinehomes.com

13.

Brampton.......................................Upper Valleylands of the Credit River ................ Mayfield St. & Chinguacousy Rd. .......................................... fieldgatehomes.com

14.

Brampton.......................................Three Rivers Claireville........................................... Goreway Dr. & Humberwest Pkwy ....................................... nationalhomes.com

15.

Brampton.......................................Queens Lane ............................................................. Mississauga Rd. & Queen St. ....................................... branthavenbrampton.com

16.

Brampton.......................................Cleave View Estate By The Credit ........................ Queen St. & Mississauga Rd. ................................................ regalcresthomes.com

17.

Brampton.......................................Westfield..................................................................... Mississauga Rd. & Steeles Ave. ...........................................................greatgulf.com

18.

Brampton.......................................The Estates of West River Valley........................... McVean Dr. & Countryside Dr............................................... royalpinehomes.com

19.

Brampton.......................................Mount Pleasant North & UNION Mount Pleasant .... Remembrance Rd. & Edenbrook Hill Dr. ............................mattamyhomes.com

20.

Brampton.......................................High Point .................................................................. Mississauga Rd. & Mayfield Rd. ................................paradisedevelopments.com

21.

Brampton.......................................Beechwood ............................................................... Chinguacousy Rd. & Mayfield Rd. ...........................paradisedevelopments.com

22.

Caledon .........................................Ellis Lane .................................................................... Mayfield Rd. & Chinguacousy Rd. ........................................mattamyhomes.com

23.

Caledon .........................................Palgrave Estates ....................................................... Mount Pleasant Rd. & Hunsden Rd. ...............................................flatogroup.com

24.

Caledon .........................................Pathways Caledon East .......................................... Old Church Rd. & Innis Lake Rd. .....................................................flatogroup.com

25.

Etobicoke.......................................Vita On The Lake 2 .................................................. 2167 Lake Shore Blvd. W. ........................................................mattamyhomes.com

26.

Etobicoke.......................................Lake Shore Village ................................................... 68 Daisy Ave. ................................................................................. dunparhomes.com

27.

Etobicoke.......................................Lake & Town .............................................................. Islington Ave. & Lake Shore Blvd ......................................................... menkes.com

28.

Etobicoke.......................................80 Thirtieth St. Towns ............................................. 80 Thirtieth St. .............................................................................. dunparhomes.com

29.

Former City of York .....................2650 St. Clair Ave W. ............................................... 2650 St. Clair Ave W .................................................................... dunparhomes.com

30.

Former City of York .....................2650 St. Clair Ave W. ............................................... 2650 St. Clair Ave W ....................................................................... madisongroup.ca

31.

North York .....................................Saturday in Downsview Park 2 & Parkside Towns at Saturday......... 2995 Keele St. ............................................................................mattamyhomes.com

32.

North York .....................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. ......................................... fieldgatehomes.com

33.

North York .....................................Origins of Don Mills ................................................ Don Mills Rd. & Lawrence Ave. .............................................mattamyhomes.com

34.

North York .....................................Hounslow Station .................................................... Yonge St. & Hounslow Ave. ...................................................mattamyhomes.com

35.

North York .....................................Park Place on Patricia ............................................. Bathurst St. & Patricia Ave ......................................................mattamyhomes.com

36.

North York .....................................Linbury Hill ................................................................ Linelle St. & Franklin Ave. .......................................................mattamyhomes.com

37.

Kleinburg .......................................Kleinburg Summit Gallery On The Park............. Kipling Ave. & Teston Rd. ........................................................mattamyhomes.com

38.

Kleinburg .......................................New Kleinburg .......................................................... Hwy. 27 & Major McKenzie Dr. W. ........................................ fieldgatehomes.com

39.

Kleinburg .......................................The Enclave on Nashville ...................................... 99 Nashville Rd. .......................................................................stateviewhomes.com

40.

Markham and Unionville ...........Canvas on the Rouge ............................................. 9700 Ninth Line ...........................................................................canvasmarkham.ca

41.

Markham and Unionville.............Cornell Markham ..................................................... Bur Oak Ave. & Hwy 7 .............................................................. ballantryhomes.com

42.

Markham and Unionville ...........Cornell Rouge........................................................... 655 Cornell Centre Blvd. .............................................................. madisongroup.ca

43.

Markham and Unionville ...........Riverwalk Meadows ................................................ Ninth Line & 14th Ave. .......................................................................flatogroup.com

44.

Markham and Unionville ...........Angus Glen South Village ...................................... 9980 Kennedy Rd., #200. .........................................kylemorecommunities.com

54 HOMES Magazine | June 19–July 17, 2021

+

MAPS

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

MAP LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

45.

Markham and Unionville ...........Kennedy Manors ...................................................... 4500 Major Mackenzie Dr East. ...............................kylemorecommunities.com

46.

Markham and Unionville ...........Nao Phase 2 .............................................................. 14th Ave. & McCowan Rd.......................................................stateviewhomes.com

47.

Markham and Unionville ...........On The Mark Phase 2.............................................. 16th Ave. & Woodbine Ave. ...................................................stateviewhomes.com

48.

Newmarket....................................Glenway Urban Towns ........................................... Bathurst St. & Highway 9 .............................................................andrinhomes.com

49.

Oshawa ..........................................Kingsview. Ridge ...................................................... Taunton Rd. & Townline Rd. N........................................................treasurehill.com

50.

Oshawa .........................................Southpointe Towns ................................................. Dean St. & Ritson Rd. ........................................................northstarhomesinc.com

51.

Oshawa .........................................Winchester Estates .................................................. Ritson Rd. & Winchester Rd................................................................... menkes.com

52.

Oshawa ..........................................Park Ridge .................................................................. Conlin & Townline Rds. ................................................... tributecommunities.com

53.

Pickering ........................................Geranium in Pickering............................................ Altona Rd. & Twyn Rivers Dr. .............................................................geranium.com

54.

Pickering ........................................Nutowns ..................................................................... Brock Rd. & Whitevale Rd. ............................................................ madisongroup.ca

55.

Pickering ........................................Edgewood Pickering............................................... Altona Rd. & Finch Ave. .......................................................................geranium.com

56.

Pickering ........................................Seaton ......................................................................... 1075 Taunton Rd. ...................................................................... fieldgatehomes.com

57.

Pickering ........................................Frenchman’s Bay...................................................... Liverpool Rd. & Bayly St. ...................................................................madisonfb.com

58.

Pickering ........................................Seatonville ................................................................. Brock Rd. & Taunton Rd. ............................................paradisedevelopments.com

59.

Richmond Hill ..............................The Bond ................................................................... Yonge & King.............................................................................stateviewhomes.com

60.

Richmond Hill ..............................King’s Landing .......................................................... Oak Ridges ................................................................................stateviewhomes.com

61.

Richmond Hill .............................Ivylea ........................................................................... Leslie St. & 19th Ave. ......................................................................marlinspring.com

62.

Richmond Hill ..............................Richlands.................................................................... Leslie St. & Elgin Mills Rd. ...................................................... fieldgatehomes.com

63.

Richmond Hill .............................Millbrook Park........................................................... Elgin Mills & Leslie St..........................................................northstarhomesinc.com

64.

Richmond Hill .............................Park Lane Place ........................................................ Elgin Mills & Leslie St..........................................................northstarhomesinc.com

65.

Richmond Hill .............................Observatory Hill ....................................................... Bayview Ave. & 16th Ave. ........................................................myobservatoryhill.ca

66.

Richmond Hill .............................Rosedale Greens ...................................................... Leslie St. & 19th Ave. .........................................................northstarhomesinc.com

67.

Richmond Hill .............................Bayview Gates .......................................................... Bayview Ave. & Bloomington Rd. ...................................... regalcresthomes.com

68.

Richmond Hill ..............................King East Estates ...................................................... King Rd. & Toscanini Rd...................................................................... pureplaza.com

69.

Scarborough .................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. ......................................... fieldgatehomes.com

70.

Scarborough .................................Valleyview Garden................................................... 3012 Kennedy Rd. ...................................................................valleyviewgardens.ca

71.

Scarborough .................................Upper Summerside ................................................. 743 Warden Ave. ......................................................................mattamyhomes.com

72.

Scarborough .................................2787 Eglinton Ave. E................................................ 743 Warden Ave. ......................................................................mattamyhomes.com

73.

Scarborough .................................Twelve on The Ravine ............................................ 1379 Military Trail ....................................................................................905-477-1177

74.

Scarborough .................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. .......................................... fieldgatehomes.com

75.

Thornhill ........................................Citylux Towns at Thornhill Woods ...................... Dufferin St. & Rutherford Rd. ................................................ fieldgatehomes.com

76.

Vaughan .........................................Hotel Vie..................................................................... 8440 Hwy. 27............................................................................................hotelvie.com

77.

Vaughan .........................................Evoke ........................................................................... Dufferin St. & Rutherford Rd. ..........................................................treasurehill.com

78.

Whitby ............................................Queen’s Common ................................................... 1075 Taunton Rd.. .....................................................................mattamyhomes.com

79.

Whitby ...........................................Country Lane ............................................................ Taunton Rd. & Country Lane ........................................... countrylanewhitby.com

80.

Whitby ...........................................The Hamptons at Country Lane .......................... Taunton Rd. & Country Lane ......................................................... heathwood.com

81.

Whitby ...........................................The Boatworks Towns in Whitby ......................... Brock St. S. & Victoria St. W. ........................................................andrinhomes.com

82.

Whitby ...........................................Park Vista/Whitby Meadows ................................. Cochrane St. & Taunton Rd ................................................... fieldgatehomes.com

83.

Whitby ...........................................Waterside Villas ........................................................ Gordon St. & Scadding Ave. .................................................. fieldgatehomes.com

84.

Whitby ............................................The Landing in Whitby Harbour........................... Brock St. South & Victoria St. ................................................................ carttera.com

85.

Whitechurch/Stouffville ............Blue Sky ...................................................................... 9th Line & Millard St. ................................................................ fieldgatehomes.com

86.

Whitechurch/Stouffville ...........Cityside Stouffville................................................... Tenth line & 19th Ave. ............................................................. fieldgatehomes.com

87.

Woodbridge ..................................Pine Valley.................................................................. Pine Valley Dr. & Major Mackenzie Dr. .....................................marlinspring.com nexthome.ca | myhomepage.ca 55

HOT PROPERTIES | GREATER TORONTO AREA

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CARTOGRAPHY: MARKETMAPS.COM

Match the map numbers with property listings on the previous Hot Properties page

nexthome.ca | myhomepage.ca 57

HOT PROPERTIES | OUT OF TOWN EAST

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2.

3.

4.

5.

6.

7.

LOCATION

SITE

ADDRESS

CONTACT

Courtice .........................................The Vale ...................................................................... Prestonvale Rd. & Bloor St....................................................... nationalhomes.com East Region ...................................Newbrook .................................................................. North St. & Concession Rd. ......................................................brookfieldhomes.ca East Region ...................................Haven on the Trent .................................................. Forest Hill Rd. & Riverside Trail................................................................. sifton.com Peterborough ...............................Parklands & The Condo Arbour Villas ................ 1224 Chemong Rd. .......................................................................... masonhomes.ca Port Hope/Cobourg ...................Port Hope Lakeside Village ................................... 415 Lakeshore Rd. ............................................................................ masonhomes.ca Port Hope/Cobourg ...................Kingswood Cobourg............................................... 425 King St. E. .................................................................................... masonhomes.ca Port Perry.......................................Courts of Canterbury .............................................. Simcoe St. & Country Estates Dr. ......................................................geranium.com

Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started.

58 HOMES Magazine | June 19–July 17, 2021

HOT PROPERTIES | OUT OF TOWN NORTH

FIND YOUR NEXT HOME

The latest properties in the Out of Town North Area to keep your eye on

2 18

17

11

1

12

8

CARTOGRAPHY: MARKETMAPS.COM

9 14

10

15 16 3 4 13

MAP 1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

LOCATION

SITE

6 7 5

ADDRESS

CONTACT

Barrie ..............................................Bea Townhomes ...................................................... Essa Rd. & Ardagh Rd. .............................................................stateviewhomes.com Bracebridge ..................................White Pines ................................................................ 39 Clearbrook Trail ...................................................................mattamyhomes.com Bradford .........................................Summerlyn Village .................................................. Downey Emerald Dr. & Summerlyn Trail .........................................greatgulf.com Bradford .........................................DreamFields .............................................................. McCann Cres. & Vipond Way ........................................................... rosehaven.com East Gwillimbury..........................Hillsborough ............................................................. Old Yonge St. & Yonge St. ....................................................................greatgulf.com Horseshoe Valley.........................Forest Heights Estates ............................................ 2 Diamond Valley Dr., Oro Medonte ................................. democrathomes.com Holland Landing ..........................AnchorWoods ........................................................... Leslie St. & Mount Albert Rd................................................ rosehavenhomes.com Innisfil .............................................Friday Harbour Resort ............................................ Big Bay Point Rd. & 13th Line.............................................................geranium.com North Region ................................Craighurst .................................................................. Horseshoe Valley Rd. & Hwy. 93................................georgianinternational.com North Region ................................Mountain House at Windfall ................................. Mountain Rd. & Crosswinds Blvd, Collingwood ...georgianinternational.com North Region ................................Emerald Crossing..................................................... Hwy. 89 & Hurontario St., Shelburne .................................. fieldgatehomes.com North Region ................................Braestone Horseshoe Valley ................................. 3246 Line 9 North, Oro Medonte..............................georgianinternational.com North Region ................................GreenRidge & Beeton Village ............................... 41 Main St. W., Beeton .......................................................................flatogroup.com North Region ................................Midhurst Heights...................................................... Russel Rd. & Craig Rd...........................................................................geranium.com North Region ................................Edgewood Greens ................................................... Hwy. 10 & Main St. East, Dundalk ...................................................flatogroup.com North Region ................................Edgewood Suites ..................................................... 270 Hagan St. E., Dundalk .........................................................edgewoodsuites.ca North Region ................................Collingwood ............................................................. Maple & Sixth Street ..........................................................georgianinternational.ca Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com

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nexthome.ca | myhomepage.ca 59

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Southwestern Ontario Area to keep your eye on

MAP LOCATION

SITE

ADDRESS

CONTACT

1.

Burlington/Waterdown..............The Towns at Valera ................................................ 4858 Thomas Alton Blvd. ...................................................adidevelopments.com

2.

Burlington/Waterdown..............Nautique Lakefront Residences ........................... 375 Brant St. ............................................................................adidevelopments.com

3.

Burlington/Waterdown..............National Homes in Burlington, ............................ 484-490 Plains Rd. E. ............................................................... nationalhomes.com

4.

Burlington/Waterdown..............Affinity Condominiums .......................................... Plains Rd. E. & Filmandale Rd. ............................................ rosehavenhomes.com

5.

Burlington/Waterdown..............Millcroft Towns ......................................................... Appleby Line & Taywood Dr........................................... branthavenmillcroft.com

6.

Hamilton-Wentworth .................Losani Homes at Barton & Glover ....................... Barton St. & Glover Rd. ..................................................................losanihomes.com

7.

Hamilton-Wentworth .................On The Ridge ............................................................ Mud St. & First Ave. ......................................................................... liveontheridge.ca

8.

Hamilton-Wentworth .................Central Park: Midtown & Soho ............................. Upper Red Hill Valley Pkwy & Rymal Rd. .................................. MyCentralPark.ca

9.

Hamilton-Wentworth .................Tiffany Hill Phase 3.................................................. 288 Raymond Rd. ............................................................................... rosehaven.com

10.

Hamilton-Wentworth .................Monterey Heights .................................................... Shaver Rd. & Garner Rd. W. ..........................................................dicenzohomes.ca

11.

Hamilton-Wentworth .................Stonegate Park ......................................................... Upper Wellington St. & Stone Church Rd. E. ...........................dicenzohomes.ca

12.

Kitchener/Waterloo ....................Wallaceton ................................................................. Huron Rd. & Fischer-Hallman........................................................ heathwood.com

13.

Kitchener/Waterloo ....................River Ridge................................................................. 90 Deer Creek St. ............................................................................................. activa.ca

14.

Kitchener/Waterloo ....................Vista Hills.................................................................... 259 Sweet Gale St............................................................................................ activa.ca

15.

Kitchener/Waterloo ....................Avenue M ................................................................... 40 Margaret Ave. .................................................................................. avenuemkw.ca

16.

Kitchener/Waterloo ....................Young Condos at City Centre ............................... King West & Young St. ...................................................................andrinhomes.com

17.

Kitchener/Waterloo ....................Trailside at Grey Silo Gate...................................... 243 Grey Silo Rd............................................................................................... activa.ca

18.

Kitchener/Waterloo ....................Riverwood ................................................................. 90 Deer Creek St. ............................................................................................. activa.ca

19.

Kitchener/Waterloo ....................Doon South & Ormston at Doon South ............ 653 Thomas Slee Dr. ....................................................................................... activa.ca

20.

London ...........................................RiverBend Golf Community.................................. 2200 Jack Nash Dr. ..................................................................................... sifton.com

21.

London ...........................................Victoria Flats.............................................................. Commissioners Rd. E. & Hamilton Rd. ................................................... sifton.com

22.

London ...........................................Victoria On The River.............................................. Sheffield Blvd. & Commissioners Rd. E. ................................................. sifton.com

23.

London ...........................................Caverhill ..................................................................... Clarke Rd. & Kilallay Rd. ............................................................................. sifton.com

24.

London ...........................................Hudson Park.............................................................. Colonel Talbot Rd. & Pack Rd. .................................................................. sifton.com

25.

London ...........................................Liberty Crossing ....................................................... Wonderland Rd. S. & Hamlyn St............................................................... sifton.com

26.

London ...........................................Middleton................................................................... Wharncliffe Rd. & Exeter Rd. ..................................................................... sifton.com

27.

Milton .............................................West Country Milton ............................................... Regional Rd. 25 & Brittania Rd. ................................................... countryhomes.ca

28.

Milton .............................................Milton Village ............................................................ Tremaine Rd. & Britannia Rd. ..............................................................greatgulf.com

29.

Milton .............................................Soleil............................................................................ Louis St. Laurent Ave. & Bronte St. S. ...................................mattamyhomes.com

30.

Mississauga ...................................5150 Ninth Line ........................................................ 5150 Ninth Line .........................................................................mattamyhomes.com

31.

Mississauga ..................................National Homes Mississauga ................................ 1240 Britannia Rd. W. ................................................................ nationalhomes.com

32.

Mississauga ..................................Streetsville Centre ................................................... Mill St. & Queen St. S................................................................... dunparhomes.com

33.

Niagara Region ............................Millennium................................................................. Portage Rd., Niagara Falls ..........................................................mountainview.com

34.

Niagara Region ............................Lusso Urban Towns ................................................. Martindale Rd. & Grapeview Dr. ........................................... lucchettahomes.com

35.

Niagara Region ............................Lyon’s Creek .............................................................. 4382 Mann St ................................................................................mountainview.com

36.

Niagara Region ............................Portview Estates ....................................................... Simcoe St. & Canal St..............................................................silvergatehomes.com

37.

Niagara Region ............................Vista Ridge & Vibrant at Vista Ridge .................... 4008 Mountain St. ..........................................................................losanihomes.com

38.

Niagara Region ............................Davis Heights ............................................................ 1535 Haist St, Pelham. ............................................................ lucchettahomes.com

39.

Niagara Region ............................Grimsby Waterfront ................................................. 398 N Service Rd. ...........................................................................losanihomes.com

40.

Niagara Region ............................Saffron Estates .......................................................... Port Robinson Rd. & Rice Rd., Fonthill ...................................mountainview.com

41.

Niagara Region ............................Lincoln Estates.......................................................... Lincoln Ave. & King St. ...................................................................losanihomes.com

42.

Niagara Region ............................Riverside at Hunters Pointe................................... 71 Kyntre Trail............................................................................ lucchettahomes.com

43.

Niagara Region ............................Edgewater Trails ....................................................... Daimler Pkwy & Magnolia Ln, Welland. .............................. ballantryhomes.com

44.

Niagara Region ............................One Twenty Condos ............................................... Canboro Rd. & Rice Rd., Fonthill .............................................mountainview.com

60 HOMES Magazine | June 19–July 17, 2021

+

MAPS

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

MAP LOCATION

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

45.

Niagara Region ............................Village on the Twelve ............................................. 21 Willow Bank Common St. ................................................silvergatehomes.com

46.

Niagara Region ............................River Estates .............................................................. Lametti Dr., Pelham.....................................................................mountainview.com

47.

Niagara Region ............................Timberwood Estates ............................................... Merritt Rd. & Grisdale Rd., Thorold .........................................mountainview.com

48.

Niagara Region ............................Ryan’s Grove ............................................................. 13 Tanner Dr. ............................................................................. lucchettahomes.com

49.

Niagara Region ............................Legends On The Green .......................................... Niagara Pkwy & Legends Way ............................................... silvegatehomes.com

50.

Niagara Region ............................Great Blue Resorts ................................................... 612A Welland Ave., St. Catharines .......................................greatblueresorts.com

51.

Niagara Region ............................West Community ..................................................... 44 Elderberry Rd., Thorold........................................................mountainview.com

52.

Oakville ..........................................Oakville Ravine Townhomes ................................ Sixth Line & Germorda Dr.......................................................... dunparhomes.com

53.

Oakville ..........................................Bronte Meadows ...................................................... Bridge Rd & Warminster Dr. .............................................................flatogroup.com

54.

Oakville ..........................................Randall Residences ................................................. Trafalgar Rd. & Randall St..................................................... rosehavenhomes.com

55.

Oakville ..........................................Glen Ashton Estates in Joshua Creek................. Dundas St. & Trafalgar Rd. ..................................................................... menkes.com

56.

Oakville ..........................................Trafalgar Ridge.......................................................... River Oaks Blvd. & Namron Gate ............................................. dunparhomes.com

57.

Oakville ..........................................White Oaks Ravine................................................... 1429 Dundas St. ........................................................................... dunparhomes.com

58.

Oakville ..........................................The Preserve & East Preserve .............................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

59.

Oakville ..........................................The Preserve Woodland Estates .......................... Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

60.

Oakville ..........................................5North The Preserve,.............................................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com

61.

Oakville ..........................................The Villages of Oak Park ........................................ Trafalgar Rd. & Dundas st. E. ................................................. ballantryhomes.com

62.

Oakville ..........................................West & Post................................................................ 2714 Westoak Trails Blvd. ..................................................branthavenoakville.com

63.

Oakville ..........................................Upper Joshua Creek ............................................... 9th Line & Dundas St. ..............................................................mattamyhomes.com

64.

Oakville ..........................................La Réserve.................................................................. 153 Reynolds St. ..................................................................... rosehavenhomes.com

65.

Welland ..........................................Sparrow Meadows ................................................... 335 Hillsdale Rd.. ................................................................... rosehavenhomes.com

66.

West Region ..................................The McKenzie Towns .............................................. 1535 McKenzie Rd. ......................................................................mountainview.com

67.

West Region ..................................Sifton Homes ............................................................ Hyde Park Rd. & Ilderton Rd. .................................................................... sifton.com

68.

West Region ..................................Boulder Creek ........................................................... Cleaver Rd. & King Edward St. .................................................................. sifton.com

69.

West Region ..................................St. George Village .................................................... Concession 2 & Woodhill Rd. ......................................................losanihomes.com

70.

West Region ..................................HarrisView.................................................................. 34 Hollingshead Rd..................................................................................... sifton.com

71.

West Region ..................................Brant West .................................................................. 562 Shellard Ln ....................................................................................brantwest.com

72.

West Region ..................................Magnolia Trails .......................................................... Modeland Rd. & Michigan Lane ............................................................... sifton.com

73.

West Region ..................................Rosewood.................................................................. Nissouri Rd. & Thorndale Rd..................................................................... sifton.com

74.

West Region ..................................Soleil St. Clair ............................................................ Corunna ......................................................................................................... sifton.com

75.

West Region ..................................Seasons & Watercolours at Simply Grand ......... 1039 Rest Acres Rd. ........................................................................losanihomes.com

76.

West Region ..................................Knightsbridge ........................................................... Graff Ave. & Mornington St. ...................................................................... sifton.com

77.

West Region ..................................Hazelwood on the Grand ...................................... Hardy Rd......................................................................................................... sifton.com

78.

West Region ..................................Cottonwood.............................................................. Dingle St. ........................................................................................................ sifton.com

79.

West Region ..................................Hawthorne Park ....................................................... Oakwood Dr. & Byron Ave. ....................................................................... sifton.com

80.

West Region ..................................Reflections Caledonia ............................................ 1437 McKenzie Rd .................................................................... ballantryhomes.com nexthome.ca | myhomepage.ca 61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph 17

14

Waterloo 12 Kitc

16 15

hener

Milton

13 18

32 34

76

33 19

Cambridge 1 5

68

3 70 67

4

75 77

Brantford

Hamilton

71 9 10

LONDON

8

73

23 69 20

11

66 85

London 22 21

80

26 72

25 24

74

78

62 HOMES Magazine | June 19–July 17, 2021

31

Mississauga

32

30

55 66

63 57 65 56

52

64 Oakville 54

58 64

53

MAPS Burlington

6 7

39 46

41 37

50

45 34

St Catharines

51 33

Niagara Falls 79 44 40

38 48

65

47 42 43

36 35

49

Welland

CARTOGRAPHY: MARKETMAPS.COM

2

Match the map numbers with property listings on the previous Hot Properties page

nexthome.ca | myhomepage.ca 63

Enter our Sign-Up to Win Contest!

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64 HOMES Magazine | June 19–July 17, 2021

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Barrie 705-737-5500 | Bracebridge 705-645-8686 | Brampton 905-789-7796 | Burlington 905-631-8281 | Cambridge 519-622-9696 | Hamilton 905-318-2356 | Kitchener 519-576-8887 | London 519-963-0350 | London North 519-471-2225 | Milton 905-876-9997 | Mississauga West 905-569-0066 | Newmarket 905-830-9600 | Oakville 905-337-1750 | Pickering 905-427-2025 | St.Catherines 905-687-8885 | Toronto 416-787-0504 | Vaughan 905-856-7204 | Whitby 905-720-2999 | Clearance Mississauga 905-238-3448 | Clearance Toronto 416-241-1511

ADVICE | INDUSTRY REPORT

GOVERNMENTS AT ALL LEVELS MUST COMMIT TO TACKLING HOUSING SHORTAGE

DAVE WILKES

If you are trying to buy a new home in the GTA right now, it’s probably clear to you that the housing market is out of balance, with many eager buyers vying for a limited number of available new homes. What may not be clear is why there isn’t an adequate supply to meet this demand.

The answer is that the GTA’s severe housing supply shortage is, in large part, due to red tape and delays in approvals. Building housing in the GTA takes too long and costs too much. A BILD member recently pointed out that when people see a new housing development being built, they typically think the builder is just starting the project. In reality, building is the end of a very long process. In the GTA, it takes, on average, 10 years to complete a typical highrise condominium project and 11 years for a lowrise project.

66 HOMES Magazine | June 19–July 17, 2021

As a result, the region has fallen short of demand by 115,000 units in the last 15 years. Using an Ontario average of 2.5 people per household, that number of units would have provided enough housing for nearly 300,000 people.

The current provincial government has prioritized housing supply, asking municipalities to plan for a longer time horizon to ensure adequate supply.

Unfortunately, it will be five years or more before these laudable policy initiatives have a meaningful impact.

Another issue is that suitable land within existing municipal boundaries to allow for a balanced mix of new housing is in limited supply and high demand, further driving up costs.

Unfortunately, some municipalities and regions, such as Halton, are considering “no growth” concepts when considering opportunities to expand their boundaries to support future growth in their official plan updates.

These conversations are based on idealistic assumptions about how people want to live, rather than on facts and the requirements of the

provincial Growth Plan. We need to get back to balanced discussions that align with and support good community-building practices.

The provincial government recognizes we have a housing supply problem, as does the federal government. So do some municipalities across the GTA, but not all. Our housing challenge will be solved only if governments at all levels work together to ensure we make decisions today to build the infrastructure and the supply of housing and commercial spaces we need for the more than four million additional people who will call the GTA home by 2051.

Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, 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.

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