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nexthome.ca | myhomepage.ca

Greater Toronto Area Nov. 21–Dec. 19, 2020

Toronto’s Finest NEW HOME GUIDE

Live Inspired In Two Incredible Markham Communities

INSIDE:

GET THE RIGHT MORTGAGE WHILE RATES ARE STILL LOW

COMPREHENSIVE MAP GUIDES TO NEW HOME COMMUNITIES


HOMEOWNERS’ CHOICE AWARDS 2020 High-Rise Builder of the Year

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Stay Connected


NOV. 21-DEC. 19, 2020

CONTENTS COVER STORY

24 StateView Homes FOR THOSE WHO VALUE THE FINER THINGS IN LIFE 8  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


48

38 34

HOMES NEWS

16

HOMES Magazine online

18

Strong new home market performance continues in September

19

GTA resale market sales and prices both up double digits in October

DEPARTMENTS

12

Editor’s Note #OntarioStrong

22

Inside the GTA In and around the city

27

Personal Finance How to get the right mortgage while rates are still low

28

29 Legally Speaking The nuts and bolts of closing a deal during a pandemic

In Conversation With... Lee Piccoli, Founder and CEO, Fusion Homes

52

21

Stat Chat We’re not building enough housing

32

20

Home Realty Latest real estate numbers speak to consumer confidence

66 Industry Report Time really is money when it comes to building homes

OHBA names winners of 2020 Awards of Distinction

Editors choice 24 STATEVIEW HOMES Offering stately residences in Markham

34 FLATO HOMES Community minded builder gives back all year round

Mattamy Homes donates $1 million to Habitat for Humanity GTA

36 FIELDGATE HOMES Remarkable homes now open across the GTA

COMMUNITY FEATURES

42 Local Focus Pickering & Ajax

43 North Region

38

MATTAMY HOMES Springwater: Classic style and refined luxury

47 Southwestern Region IN EVERY ISSUE

10

Contributors

54 Maps & Charts for new home communities 64 Index of Advertisers

44 DEMOCRAT HOMES Unveiling Phase 4 of Professor’s Walk in Orillia

48 DUNPAR HOMES Offering a varied selection of beautiful affordable townhomes at Lakeshore Village

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

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

HOME REALTY | DEBBIE COSIC

Rise Levy

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

CONTRIBUTORS

Jesse Abrams, Debbie Cosic, Ben Myers, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES NEXTHOME

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

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

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/MEDIA/PROMOTION

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

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.

DISTRIBUTION

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

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

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony GRAPHIC DESIGNERS

Johannah Lorenzo, Mike Terentiev, Alice Wu

Published by

nexthome.ca Advertising Call 1.866.532.2588 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 – $30 (inc. HST) 2 years = 26 issues – $45 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416. Copyright 2020 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. 10  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


EDITOR’S NOTE

#ONTARIOSTRONG

WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine

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

+ get social 12  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

It may seem like there’s a lot of uncertainty, with all the economic and market challenges brought on by COVID-19. But there’s also plenty of reason to be upbeat about housing as we head towards the end of 2020. Case in point, the continuing strong performance of Ontario markets, with notable home price growth – even in the face of the pandemic. And it’s not just in Toronto or the GTA. The resilience is virtually province-wide. Be it in large, traditional markets such as Vaughan, Burlington or Richmond Hill, or in smaller, more emerging areas such as those profiled in our Local Focus on page 42, real estate in Ontario is leading the country. Indeed, of the 25 Ontario markets Royal LePage recently studied in its House Price Survey and Market Survey Forecast, none of them suffered declines in aggregate median home prices in the third quarter of this year. None of them. On either a quarter-to-quarter basis, or year-to-year. During the pandemic. Home price growth in Ontario, in fact, is among the strongest in all of Canada. Locally, the Toronto Regional Real Estate Board reports double-digit increases in sales and home prices for October 2020, over the same month last year. Sales were up 25.1 per cent, while the average price for all home types rose 13.7 per cent to $968,318 from $851,877. The performance is not limited to the resale market. For new homes in the GTA, September was another strong month, according to the Building Industry and Land Development Association. Sales of new single-family homes – including detached, linked and semi-detached houses and townhouses – totaled 2,334 units, up 168 per cent from September 2019 and 110 per cent above the 10-year average. Why such consistent growth? In a word, desirability – in the fact so many people want to come and live and work in the GTA and elsewhere in the province. Strong and diverse economies produce employment opportunities, which lead to population growth, which means healthy real estate markets. Ontario is once again proving its real estate mettle. Even during the pandemic.

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H E I G H T S O N T H E PA R K

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live remarkably. It all begins with a sense of place. Understand the land, and you can see the community. We listen to what nature tells us, before we put pen to paper. That sense of place helps to determine the design and character of each community’s inspiring architecture and thoughtful amenities that are true to its setting. Ask yourself if what you’re looking for is a place to live – or a place to Live Remarkably.

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

PROFILE NEW COMMUNITIES

Georgian Communities establishes neighbourhoods inspired by nature As one of the most reputable land developers and builders in the Simcoe and Grey County Regions, Georgian Communities deliberately establishes neighbourhoods that are purposeful and meaningful – including these three unique homebuying opportunities.

In Conversation With… Barbara Lawlor, President, Baker Real Estate Inc. The new home industry in the GTA will not just do well during these challenging times. Barbara Lawlor, president of Baker Real Estate, a Toronto-based brokerage specializing in the sales and marketing of new communities, fully expects it to thrive.

HOUSING MARKETS

Home price growth continues to soar during pandemic Not even a second wave of the pandemic is enough to put the brakes on price appreciation in Canadian real estate markets, according to the latest Royal LePage House Price Survey and Market Survey Forecast. And Ontario is the star performer. COMMUNITY PROFILE

Vaughan – on the move, in more ways than one Vaughan is a city on the move – quite literally, and in more ways than one. Already one of the fastest growing municipalities in Canada, Vaughan is a hub of development and activity. Visit or check us out on 16  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

@HOMESMagazineON

INSIGHT

Consider all costs when buying a home – not just price COVID-19 has created a unique situation, not only for buyers and sellers, but also for realtors, mortgage brokers and lawyers. Many real estate agents are now including COVID-19 clauses in Agreements of Purchase and Sale. But how do these clauses protect the parties, and what should you look out for?

nexthome.ca @HOMESMagazine.Ontario

@homesmagazine


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IN THE SPOTLIGHT

STRONG GTA NEW HOME MARKET PERFORMANCE CONTINUES IN SEPTEMBER September was another busy month for the GTA new home market, according to the Building Industry and Land Development Association (BILD). Sales of new single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), with 2,334 units sold, were up 168 per cent from last September and 110 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. It was the strongest September for new single-family home sales since 2003. Condominium units, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 2,603 new home sales, up 15 per cent from September 2019 and 33 per cent above the 10-year average. “While demand for both highrise and lowrise homes was strong in September, the clear insight of the last few months is how quickly consumer demand can evolve,” says David Wilkes, BILD president and CEO. “We need to make sure that policy and regulations are 18  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

SEPTEMBER NEW HOME SALES BY MUNICIPALITY Condominium units 2020 2019 2018

Region Durham

Single-family homes 2020 2019 2018

2020

Total 2019

2018

54 25 15 601 143 44 655 168 59

Halton

268 280 41

Peel

1,173 174 131 673 167 53 1,846 341 184

Toronto

548 1,474 1,033

York

560 315 121 828 242 101 1,388 557 222

GTA

195 288 42 463 568 83

37

32

7

585 1,506 1,040

2,603 2,268 1,341 2,334 872 247 4,937 3,140 1,588 Source: Altus Group

flexible and adaptable enough to accommodate market demands, from increased demand for lowrise homes to condo units that reflect current market conditions both in size and built form. Recent changes made by the provincial government bring an increased market focus, but translating that to the market at the municipal level will take time. This is why BILD is encouraging municipalities to start now with the implementation of these new provincial directions.” “The level of market demand for new housing has remained strong, with year-to-date new home sales up from last year,” says Ryan Wyse,

Altus Group’s manager, analytics, Data Solutions. “The single-family home market was very active in September, with particularly strong activity seen at newly launched detached and townhouse communities. To date this year, demand for new single-family homes has outpaced supply.” The benchmark price for both single-family homes and condominiums rose in September. The benchmark price for new condo units was $1.01 million, which was up 20.9 per cent over the last 12 months. The benchmark price for new single-family homes was $1.17 million, up 9.1 per cent over the last 12 months.


IN THE SPOTLIGHT

GTA RESALE MARKET SALES AND PRICES BOTH UP DOUBLE DIGITS IN OCTOBER Strong sales and home price growth continue in the GTA resale market – for the fourth month in a row – according to the Toronto Regional Real Estate Board (TRREB). Sales hit 10,563 in October 2020, representing a 25.1-per-cent increase over October 2019. “Competition between buyers of single-family homes, and particularly detached houses, remained strong and continued to support doubledigit annual rates of price growth in many GTA neighbourhoods,” says Lisa Patel, TRREB’s president. “In contrast, condo buyers have benefitted from much more choice compared to last year. Pre-COVID polling had already pointed to an increase in investor selling in 2020. The pandemic only added to this trend with a stall in economic growth and a halt to tourism impacting cashflows for many investors.” The composite benchmark price was up by 10.8 per cent on a year-

the spring downturn. Expect record or near-record home sales for the remainder of 2020.” “Looking beyond COVID-19, it is clear that the high demand for housing will continue,” adds John DiMichele, TRREB’s CEO. “The federal government has set immigration targets above 400,000 people for each of the next three years. The GTA will undoubtably continue to benefit from this population growth. All of these people will need a place to live, whether in the ownership or rental markets.”

over-year basis in October 2020. The average selling price for all home types combined was $968,318 – up by 13.7 per cent compared to $851,877 in October 2019. “Year-to-date home sales through October were above last year’s level,” says Jason Mercer, TRREB’s chief market analyst. “The economic recovery in some sectors coupled with low borrowing costs has kept home purchases top-of-mind for many GTA residents. (However), we have not accounted for all of the pent-up demand that resulted from

GTA RESALE AVERAGE PRICES, OCTOBER 2020 (YR/YR % CHANGE) 416

905

Total

$1.47M (11.2)

$1.12M (18)

$1.2M (14.8)

Semi-detached $1.15M (4.8)

$796,557 (15.4)

$935,429 (9.7)

Townhome

$828,090 (4.1)

$725,079 (13.5)

$747,951 (10.5)

Condo

$668,161 (0.8)

$541,582 (6.8)

$622,122 (0.7)

Detached

DUNPAR SUPPORTS LOCAL TOY DRIVE This holiday season, Dunpar Homes and the John Zanini Foundation are working with residents at Lake Shore Village to participate in the Second Annual Kelly Marie Atyeo Memorial Holiday Toy Drive in support of the Salvation Army’s Toy Mountain. Kelly Marie passed away last year, and her husband, Joshua Fick, is committed to continuing her desire to help create some happiness for young people during the holiday season. Dunpar will be placing boxes in three Etobicoke locations to receive the toys, and people are invited to donate a new, recently purchased unwrapped toy in its original packaging by Friday, Nov. 27: Dunpar’s head office 105 Six Point Rd.; Kingsway Village Square Luxury Rentals, 571 Prince Edward Dr. N.; and Lake Shore Village Model Suite, 33 – 29th St. Toys most needed are boys and girls, ages 10 to 17. dunparhomes.com nexthome.ca | myhomepage.ca  19


IN THE SPOTLIGHT

OHBA NAMES WINNERS OF

2020 AWARDS OF DISTINCTION The Ontario Home Builders’ Association (OHBA) recently conferred its 2020 Awards of Distinction, presenting the awards virtually for the first time, due to pandemic restrictions. For the fifth time, Tridel won the prestigious 2020 Ontario Home Builder of the Year Award, highlighting the builder’s reputation for seeking excellence in all aspects of its organization. This includes innovative designs of new building concepts, supporting its employees, philanthropic efforts and community initiatives that ensure their neighbourhoods remain a place where people can work, live and play. Other award winners include: Project of the Year – Lowrise: Minto Communities, for Union Village, Markham (credit to: Montana Steele Advertising, Nak Design Strategies Inc., RN Design Ltd.) People’s Choice Award: Acorn Developments for Lookout on the Knoll, Richmond Hill (credit to: GCB Interior Architecture Inc., Gladstone Media, International Home Marketing Group Realty Inc., VA3 Design) ARCHITECTURAL DESIGN

Production Built Home (One storey) Geranium for Courts of Canterbury, The Cavendish, Port Perry (credit to: Builder Insight Group Inc., Colours &

Concepts Inc., RN Design Ltd.) Production Built Home (Two storeys up to 2,500 sq. ft. Minto Communities for Union Village, Aspen Corner, Elevation F, Markham (credit to: Montana Steele Advertising, Nak Design Strategies Inc., RN Design Ltd.) Production Built Home (Two to three storeys 2,501 sq. ft. and over) Geranium for Allegro, The Forte, Aurora (credit to: Builder Insight Group Inc., Hunt Design Associates, The Patton Design Studio) Attached Multi-Unit Home Rinaldi Homes (Niagara) Inc. for Unit 1, Drapers Creek, Type A, Welland ROOM DESIGN

New Home Kitchen (New lowrise home up to 2,500 sq. ft.) Georgian International for Braestone Estates, Oro-Medonte New Home Kitchen (New lowrise home 2,501 sq. ft. and over) Acorn Developments for Limerick Point, Richmond Hill (credit to: GCB Interior Architecture Inc.) New Home Bathroom Acorn Developments for Limerick Point, Richmond Hill (credit to: GCB Interior Architecture Inc.) IMAGE & ADVERTISING

Lowrise Ad Campaign (One to three storeys)

Acorn Developments for Lookout on the Knoll, Richmond Hill (credit to: Gladstone Media) Lowrise Project Logo Branding (One to three storeys) Acorn Developments for Lookout on the Knoll, Richmond Hill (credit to: Gladstone Media) ON-SITE SALES PRESENTATION

New Home Sales Office (1,501 sq. ft. and over) Port Dalhousie Harbour Club Ltd. for The Harbour Club, Port Dalhousie Design/Decor Centre National Homes for National Corporate, Concord (credit to: McOuat Partnership) Model Home/Suite (2,501 sq. ft. and over) FarSight Homes for Estates at Sunset Ridge, Goodwood (credit to: Builder Insight Group Inc., Cassidy & Co. Architectural Technologists, Colours & Concepts Inc.) Lowrise Project Sales Brochure (One to three storeys) Metropia, Minto Communities for Union Village, Markham (credit to: Montana Steele Advertising) OHBA PEOPLE’S CHOICE AWARD

Acorn Developments for Lookout on the Knoll, Richmond Hill (credit to: GCB Interior Architecture Inc., Gladstone Media, International Home Marketing Group Realty Inc., VA3 Design)

Project of the Year, Lowrise – Metropia, Minto Communities for Union Village, Markham

The full list of winners is available at ohba.ca

+MORE CONTENT ONLINE nexthome.ca

20  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


IN THE SPOTLIGHT

MATTAMY HOMES DONATES TO HABITAT GTA TO INCREASE AFFORDABLE HOUSING IN TORONTO Mattamy Homes and The Biddington Group are making a $1-million contribution to Habitat for Humanity Greater Toronto Area, to help build two-family sized housing units in Toronto. “Partnerships between Habitat for Humanity GTA and developers are a proven strategy to create more affordable housing in Toronto’s heated housing market, and at the same time, build inclusive, mixedincome communities, which our city desperately needs,” says Ene Underwood, CEO, Habitat for Humanity GTA. “The Mattamy Homes and The Biddington Group partnership with us is another demonstration of how the development community can partner with non-profit housing organizations to create new affordable homeownership solutions and stronger communities.” Habitat for Humanity GTA and Mattamy Homes worked

collaboratively on the deal, seen as a precedent for future partnerships with developers. “We are proud to partner with Habitat for Humanity GTA to help them in their mission of making the dream of homeownership possible for hard-working families,” says Chris Strzemieczny, general manager of Mattamy’s highrise division. “At Mattamy, we recognize the importance of community to our business and in our society, and we truly believe that it’s important for us to be part of, and give back to, the communities in which we develop and build. Habitat for Humanity is such a key part of bringing communities together, and we’re pleased to support them.” Qualified Habitat partner families are expected to move into their homes in October 2021. The affordable mortgage on the units will be structured so that when Habitat

homeowners eventually sell, Habitat for Humanity GTA can buy back the homes, keeping them affordable from one family to the next. habitatgta.ca mattamyhomes.com

BOB FINNIGAN NAMED PRESIDENT OF HEATHWOOD HOMES

Bob Finnigan

Bob Finnigan has been named president of Heathwood Homes. Heathwood, a partnership of Herity and Daniels Financial, has been building homes across Ontario for the last 30 years, with a reputation for quality and service. Finnigan has been an integral part of Heathwood Homes since its inception. His portfolio spans across the building industry including the past president of The Greater Toronto Home Builders’ Association (now the Building Industry and Land Development Association, BILD) The

Ontario Home Builders’ Association, and The Canadian Home Builders’ Association. Finnigan was also an active member of the Board of Tarion Warranty Corp. until this year. As chief operating officer of Herity’s housing division, including Heathwood Homes and Heron Homes, Finnigan has worked diligently to ensure the company’s core values of trust, respect, integrity and professionalism are part of business on a daily basis. heathwoodhomes.com nexthome.ca | myhomepage.ca  21


#InsidetheGTA by SUSAN LEGGE

GTA

BUNGALOW TOWNS IN THE HEART OF UXBRIDGE A country drive to take in the colours of the season led to the location of Brookfield Residential’s new Winding Trail community. This enclave of bungalow townhomes will be located between the forest and the fairways of Wooden Sticks golf course, in the heart of the town. Anticipated to launch next year, Winding Trail’s floorplan designs will include twoand three-bedroom options up to 2,420 sq. ft. Registrants will be the first to receive pricing information. brookfieldresidential.com

Staying connected

Here’s a snap of one of the entranceways under construction for Science Centre station (formerly Don Mills station), just one of the stops planned for Line 5 Eglinton in north Toronto. Located at the intersection of Don Mills Road and Eglinton Avenue, where Aspen Ridge’s Crosstown (right) community is also underway, this light rail transit station and mobility hub will be operated by the TTC and will connect to the Yonge-University subway line, making it an ideal location for commuters. Aspen Ridge’s Tower III at Crosstown is previewing now. The community plan also includes a future release of townhomes. crosstowncommunity.ca 22  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


ADVICE | PERSONAL FINANCE

HOW TO GET THE RIGHT MORTGAGE WHILE RATES ARE AT

ALL-TIME LOWS can benefit, as well as which lenders and mortgages offer them. For example, features to consider include portability, prepayment privileges and prepayment penalties. Each of these factors is helpful when comparing lenders and offer a host of benefits that could save you more money in the long term. Although low rates can be enticing, having a full featured mortgage will give you better flexibility and offer more ways to utilize your money in the future.

JESSE ABRAMS

Over the course of the year, mortgage rates have hit an all-time low, with many dropping below the two-per-cent mark. As a result, this has sparked a lot of interest and homebuying activity in Canadian real estate markets. However, it’s important to emphasize that the lowest rate option isn’t always the best mortgage option. If you’re in the market to buy a home right now, it’s worthwhile to look beyond just the rate and understand how to properly navigate this environment. You would be surprised how many lender options and mortgage features are available that can save you thousands of dollars over the long term. WHY ARE RATES SO LOW?

The low interest rates are a direct result of the COVID-19 pandemic and the fear of its impact on the Canadian housing market. To protect the economy, the government of Canada stepped in to stimulate homebuying activity, which resulted in this significant drop in rates. With banks and other financial institutions lending at such low rates, this has made borrowing money easier and homeownership more attainable. WHICH MORTGAGE IS RIGHT FOR YOU?

In this type of environment, you’ll often find that lenders promote their competitive rates in order to stand out. However, before you make any

decisions, it’s a good idea to speak to an unbiased mortgage advisor who can explain the difference between rates, educate you on key mortgage features and give you the full picture of various lenders in the marketplace. Having someone to walk you through this process will help you make a well-informed decision and choose a mortgage option that best suits your circumstances and longterm goals. KEY MORTGAGE FEATURES TO LOOK FOR

While searching for a low rate is a common place to start, it’s not the only factor to take into consideration. In some cases, a lender may have a low rate but high penalties for changing or breaking a mortgage early. If refinancing or making a lump sum prepayment is something you intend to do, you could find yourself paying up to $20,000 to $30,000 in penalties. It’s important to note that with certain lenders, penalties can be much smaller. Often more than two to three times lower. To avoid this scenario entirely, it’s critical to understand the different mortgage features and how you

BENEFIT OF SHOPPING AROUND

Many people assume that getting a mortgage with the big banks is the best option, but that’s often not the case. No two lenders are ever the same, and by broadening your search, you can increase your chances of finding a mortgage that best suits your unique situation and saves you the most money. Over the last few months, our team at Homewise has been incredibly busy offering unbiased advice and helping homebuyers explore their options and shop different lenders. Working with more than 30 banks and lenders, our advisors walk people through the process of understanding all of the options and features available, so they can find what’s right for them and get the most out of their mortgage.

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

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nexthome.ca | myhomepage.ca  23


COVER STORY

NAO Towns

STATEVIEW HOMES OFFERS STATELY RESIDENCES IN MARKHAM FOR THOSE WHO VALUE THE FINER THINGS IN LIFE 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 upheld its values of integrity, commitment, accountability and responsibility. The company is known for providing old-world craftsmanship, forwardthinking architecture and design, innovation, dedicated corporate citizenship, and superior customer service, from buyers’ first contact to well after they move in.

The company begins by selecting locations close to both greenspace and useful amenities, and then designs homes that fit seamlessly into these settings. The clean lines of modern exteriors appeal to the spectrum of the marketplace, from first-time buyers to families and empty-nesters. What they have in common is elevated sensibilities when it comes to taste, as well as the value inherent in a StateView home. Unlike other builders, StateView does not increase prices every day, so buyers know where they stand as they make their purchase decisions.

CUTTING-EDGE ARCHITECTURE AND DESIGN

CREATIVITY AND CRAFTSMANSHIP

StateView Homes has perfected the art of designing homes with architectural exteriors and interiors that are sophisticated, yet unpretentious, stunning yet comfortable, beautiful yet functional.

Catering to the people who will live in their homes, StateView’s cuttingedge designs and layouts incorporate innovative ways to conserve energy and minimize a negative impact on the environment. The company also

24  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

allows buyers to alter plans wherever possible. StateView’s principals are often found onsite, providing the kind of personal touch that is rare these days, setting StateView apart as a special choice in an all-too-often cookie-cutter industry. SUPERIOR CUSTOMER SERVICE

With a passion for offering exceptional quality of life to all StateView owners, this firm’s customer service program is called ICare (Integrity, Commitment, Accountability, Responsibility and Experience). From ensuring that employees have the appropriate skills and tools, and that construction and service teams are empowered to work collaboratively, StateView applies high standards in all practices. The company takes full responsibility for the quality of work and the health and safety of everyone involved.


On The Mark

This enables it to arrive at the best practices that have earned the company loyalty and trust. PHILANTHROPY

StateView is also admired for generosity in giving back to the greater community by supporting local organizations in the areas where they are building. In addition, StateView donates a percentage of every home sold to SickKids and takes part in several SickKids fundraising initiatives each year. This fall, StateView’s team supported the SickKids GetLoud program presented by PCL Construction. This initiative raised more than $1.5 million through active participation On The Mark

by corporate teams, families, friends and hospital staff. StateView matched all donations raised between Sept. 22 and 25, for a total of $98,000. Every dollar of that goes directly to SickKids Foundation to support highpriority needs at the hospital. ON THE MARK IN MARKHAM

Phase 1 at On the Mark, located at 16th and Woodbine Ave. in Markham, sold out quickly. Phase 2 has just been released, offering two-car garages and three- and four-bedroom townhomes that feature rooftop terraces. This is the perfect community for someone seeking luxury and convenience on the cusp of prestigious Unionville. Priced from the high $900,000s,

these townhomes are sure to sell quickly. Now Open. Book your private appointment. NAO TOWNS IN MARKHAM

Phase 1 of StateView’s NAO Towns in Markham sold out in record time. The second phase will launch early in 2021, so now is the time to register. Situated at 14th Ave. and McCowan Rd., five minutes from downtown Unionville, NAO offers luxurious townhomes close to upscale shopping, dining, entertainment and fine schools. Residents can be on Hwy. 407 in two minutes, and at the Unionville or Milliken GO stations in less than 10 minutes. Discover grand living in residences that exude elegant architecture, discerning finishes and meticulous detailing for prices starting from the high $800,000s. With StateView Homes’ excellent reputation for creating superb new communities and putting people first, home collections sell out quickly. Anyone interested in a fine new townhome close to Unionville should act now. For more information or to register, visit stateviewhomes.com or call 905.851.1849. nexthome.ca | myhomepage.ca  25


Our Coveted Communities Markham

Kleinburg

Markham

NAO Towns

The Enclave

On The Mark

Phase 2 Coming Soon 14th Ave. & McCowan Rd. in Markham

Only 6 Left! Detached homes in Kleinburg Village with private underground parking, private elevators and more!

Phase 2 Now Open 16th Ave. and Woodbine Ave. in Markham

78 Townhomes from the high $800s Register Now

Starting from $1.3M Book your private appointment today (647) 372-1849

93 Townhomes from the high $900s Book your private appointment today (647) 793-7399

THE

PHASE 2

PHASE 2

stateviewhomes.com


Crafting Distinctive Niche Communities StateView Homes is a different kind of builder fusing innovative design and meticulous craftsmanship with unprecedented customer service to create an exceptional experience for homeowners. But that’s just part of the story. StateView also seeks to inspire hope in people who need it most, whether it’s donating a percentage of every home sold to SickKids, or supporting local organizations in the communities they build. Inspiration. It’s at the heart of every StateView home and every StateView community. Live Inspired in a StateView Home.

stateviewhomes.com Renderings are artist's concepts only. Prices and specifications are subject to change without notice.E.&O.E.


ADVICE | STAT CHAT

WE’RE NOT BUILDING ENOUGH HOUSING

YEAH, YOU HEARD ME BEN MYERS

Local builders and developers completed only 27,410 new units in 2019, the lowest level for the Toronto CMA since 1998, per data from Canada Mortgage and Housing Corp. There were less than 12,700 condominium unit completions, the lowest figure since 2012. Completions have picked up this year, with 23,471 through the first nine months of 2020, 17,306 of them being condo suites. There are a lot of arm-chair analysts out there who will point to the big decline in downtown Toronto rental rates in 2020 (a 15- to 20-per-cent decline per data from rentals.ca), and the increase in resale supply, and say: “See? I told you, too much supply!” They needed a pandemic to “prove” their oversupply theory. The average rent for a condo downtown is still well more than $2,400 per month; it’s not cheap or affordable despite the huge annual drop. Rents have increased almost every year for 30 years, including during the 2008-09 financial crisis. Yet one year of declines and we’ve decided we have enough housing? Come on, there are people sleeping in tents across the city – there is still a big problem. These “I told you so” folks were the same people who told you not to buy a Greater Toronto Area condo when the average resale price was $300,000 because it was overvalued – some guy in Edmonton said so! The average price for a GTA condominium 28  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

unit was slightly less than $635,000 in September, per Toronto Regional Real Estate Board data, still up 6.6 per cent year-over-year, despite this devastating health crisis. Singledetached resale home prices are up 12.9 per cent annually, and the average price was more than $1.18 million in September 2020. If that doesn’t scream undersupply, I don’t know what does. Politicians and others point to all the cranes in the sky as a sign that we’re building adequate supply. However, neither cranes nor units is the proper metric to look at. Analyzing units as a measure of supply over time presents a challenge, as the composition of an average unit has changed drastically over the past 15 years. It’s hard to compare things over time when they’re changing. In the early 2000s, the average home built in the GTA was a 2,500-sq.-ft. single-family home in the suburbs, with three or four bedrooms. In 2019, the average home built is an 800-sq.ft. condominium unit with two bedrooms. So, we’re building a similar number of homes, but we’re delivering considerably less square footage, and way fewer bedrooms. This is contributing to our housing crisis. Three years ago, the talk was about foreign investors driving up the new home market and new home prices. The year the new non-resident owner’s tax (2017) was implemented was the highest year for new condo price growth since the 1980s, and 2018 was not far behind it. Foreign buyers are not the problem. The only way to prevent the housing crisis in our region from getting much worse is to continue to build

at a record pace. It doesn’t mean we need 50-storey towers as far as the eye can see. The planning process and the fees associated with small scale developments have been a killer for small players trying to add gentle density and a couple more apartments to existing neighbourhoods. Four- to six-storey wood-frame apartments in low-density areas can allow for people to age in place, and young professionals to live within walking distance of their parent’s home, and stay in the places they grew up, should they desire to do so. If you get a flyer in the mail for a new development in your neighbourhood, take the night off from Netflix and go to the public meeting (or the virtual public meetings these days), lend your support for the project and for more housing supply and the jobs that come with them. Chances are, the latest “solution” to the housing crisis that someone is touting – be it a speculation tax, offshore investor tax or a $3-million home surcharge – is not going to solve our housing crisis. In fact, not much will. The best solution for ensuring that it doesn’t get a lot worse is more housing supply. 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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ADVICE | LEGALLY SPEAKING

THE NUTS AND BOLTS OF CLOSING THE DEAL IN A PANDEMIC by JAYSON SCHWARZ LLM, JACQUELINE MONETA JD AND GORDON KALLIO LLB

JAYSON SCHWARZ

Although this has been a very difficult year for many people, properties are still selling and closing every day, and home values continue to rise. One of the matters we have had to address with clients is how to sign documents when they’re not allowed visit the office, and some are scared to have anyone visit their home. One solution is that as of Aug. 1, 2020, Ontario permits the remote commissioning of documents by lawyers and paralegals. HOW DOES THIS HELP YOU?

If you have ever bought or sold property, you know the stack of paperwork your lawyer presents to you for signature. Some of those documents include statutory declarations which require a commissioner for taking affidavits to administer the oaths. These are typically important legal documents that have evidentiary value in court, confirm accuracy for government offices or ensure all statements are truthful as they are either sworn under oath or affirmed. One example of a standard declaration is whereby the sellers or buyers confirm they are residents of Canada. A commissioner is responsible for verifying the client’s identity and witnessing their signature. The

issue during the pandemic has been that it is a requirement that this be conducted in the physical presence of the commissioner. Remote commissioning now allows clients to sign these documents before a commissioner using video conferencing software. Now you can swear or affirm these documents and execute all the others remotely. POTENTIAL RISKS

While this has certainly helped close deals despite the pandemic, there are possible risks. 1. Fraud and identity theft: Where in-person meetings between the commissioner and the client are reduced or eliminated, there can be greater risks of fraud and identity theft. 2. Undue influence: There is a greater risk that undue influence will go undetected when commissioning documents using audio video technology. The commissioner may not be able to sufficiently assess whether there is anyone off-screen influencing or coercing the client. 3. Technological limitations/ uncertainty: Given varying video quality and network connections, as well as the fact that live streaming video and audio can be manipulated, it may be very difficult for a commissioner to confidently verify the distinct attributes of the document commissioned.

POTENTIAL GAIN

However, the use of audio video technology also means several advantages. 1. Deals are able to close; 2. The client and the lawyer stay healthy and avoid potential COVID-19 transmission; 3. We are able to bring a degree of normalcy to an abnormal world and continue to contribute to the economic progress and survival of the country; and 4. We can help investors who reside outside Ontario, without having to use a power of attorney. BOTTOM LINE

The Law Society of Ontario has made these arrangements to accommodate necessary transactions. It may cause more work and time required to prepare the file and execute, but ultimately, our lawyers at Schwarz Law LLP are here for you when you need us most.

Jayson Schwarz LLM, Jacqueline Moneta and Gordon Kallio are with Schwarz Law LLP. To suggest topics for future columns or ask questions, visit schwarzlaw.ca or email info@schwarzlaw.ca.

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LIVE THE LIFE™ IN BRAMPTON.

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MODERN LUXURY 2 & 3 STOREY TOWNS IN UPPER BURLINGTON from the $900’s

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FOR MORE INFO ABOUT OUR COMMUNITIES VISIT

Branthaven.com All renderings are artist’s concept. Prices, sizes and specifications are subject to change without notice. E.&O.E.


IN CONVERSATION WITH...

LEE PICCOLI FOUNDER & CEO, FUSION HOMES BY WAYNE KARL

The company was not only able to fill that gap, he says, it did it in style – winning the prestigious Tarion Builder of the Year Award a record six times. Fusion has also been cited as one of Canada’s Top 10 Admired Corporate Cultures, by Waterstone Human Capital, a human resources consulting firm. We spoke with Piccoli to get his insights into these and other topics, including homebuilding – and buying – during these challenging times. How are things at Fusion Homes these days? What kind of adjustments have you made during the pandemic? In order to best accommodate and support our customers, partners and the internal Fusion Homes teams’ needs, we’ve carefully considered all elements involved in how we’re conducting business during this unprecedented time, leading to many adjustments. For example, in midMarch, we voluntarily shut down all of our construction sites for two weeks to prioritize creating an onsite safety system that would protect our employees (The Safe Work System). We also pivoted how we’ve conducted our releases, facilitating our first-ever virtual release, along with online galleries, customer service support, and more. And how is business adjusting? We’ve prioritized agility, which has allowed us to successfully navigate the various challenges that have accompanied our current global climate this past year. We’ve worked diligently to cater our approach to those we’re trying to reach, ensuring that we’re prioritizing our teams and partners’ health and safety. While there inevitably have been some challenges, because of the flexible approach exercised and the incredible work my team has done, we’ve adjusted well to our evolving circumstances.

When Lee Piccoli founded Fusion Homes in Guelph, Ont. more than 20 years ago, he had a specific goal in mind. “At the time, the residential housing industry was booming, but I felt it lacked a critical component: A company that earned customer trust by combining quality with an unparalleled customer experience.” 32  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

Otherwise, how does Fusion Homes stand out in the marketplace to prospective buyers? I started the company with the goal of filling a gap evident in the customer experience process; I wanted to set a new standard in the industry, providing customers with the highest level of service across all areas – quality of product, experience, efficiency, problem solving


and more. Today, this mission continues to drive our company forward and be a guiding principle across all areas of the business. At Fusion Homes, we understand that a forward-thinking approach, both in terms of community development and customer experience, are essential to thrive in our current market. We are agile and quickly adapt to whatever circumstances arise, and thoughtfully review and apply feedback from all customers and partners as a key component in our pursuit of continuous improvement. We truly care about our customers, and that translates in both their homebuying journey and overall experience. This situation has provided us with a once in a lifetime opportunity to reimagine our company – how we move forward and how we can transform. In your recent contribution to our Builder Bites e-newsletter, you discussed a couple of interesting points, the first being adopting a digital-first mindset. How are prospective homebuyers reacting to this? Consumers are reacting well; they understand that all measures and new ways of connecting are developed and executed with their safety top-of-mind. The second was de-urbanization. How do you see that unfolding, and how well positioned is Fusion Homes to take advantage? COVID-19 has accelerated many trends, and deurbanization is a macro-trend that we’re continuing to see, as working from home becomes our new normal. With this new reality comes new needs – for example, more space with new functions. We’re well-positioned

for this; we’ve already been proactively considering these needs in our product design (such as finished basements and home gyms) for upcoming projects and are continuing to adopt a forward-thinking approach as we plan for the future. We understand that these are challenging times and we wanted to ensure that we were best supporting our customers through this. That’s why we’ve spent the proper time thinking through all areas of the changes that we’ve implemented, and have ensured that with these changes, we are providing ample support to our customers. How else is COVID-19 changing what consumers are looking for in new homes? COVID-19 has pushed convenience to the forefront of consumer needs. We’ve seen increased demand for mixed-used communities where experience and convenience are prioritized in development. Expansive outdoor amenities and proximity to retail space are some noteworthy examples. Our Metalworks community, now in phase three (The Copper Club) caters to this demand; it’s located in the heart of downtown Guelph, close to a variety of restaurants and retail locations. What’s next for Fusion? We’re focused on innovation and currently exploring new ways to approach design in our upcoming projects. We’ve also always been dedicated to philanthropy and supporting the communities we build in. This is at the heart of Fusion Homes, and there are new initiatives in works for the year ahead. fusionhomes.com

on a personal note If I wasn’t in the homebuilding business, I would: Be a starting pitcher for the Blue Jays! My greatest inspiration in life and business is: Innovation and strategic thinking. I’m driven by out-of-the-box thinking and challenging myself and my team to look at things in a new way. I draw a lot of inspiration from reading and listening to different perspectives and then applying these insights to make impactful change in our community. We want to positively impact our customers’ and employees’ lives and have committed to do this through a strategic and innovative approach in our developments, employee experience and customer service. When I’m not in office – real or virtual – I am: Spending time with my two incredible kids. Family is everything to me. My reading list these days is: I’m currently on the last chapter of The Changing World Order: Why Nations Fail and Succeed, by Ray Dalio, which is an incredible read that I highly recommend. American Dirt by Jeanine Cummins is next on my list! nexthome.ca | myhomepage.ca  33


BUILDER PROFILE

FLATO DEVELOPMENTS COMMUNITY-MINDED BUILDER GIVES BACK ALL YEAR ROUND Around this time of year, we are compelled to give back, carefully selecting charities to support and offering to volunteer our time. To Shakir Rehmatullah, president and founder of Flato Developments, it is integral that his team maintain such community spirit all year round. “Philanthropy is ingrained in our corporate culture,” he says. “I’m proud of how our team has found so many ways to give back in many different communities across Ontario throughout the year.” From year-round food drives for numerous local food banks, to 34  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

donating $1 million to build a health clinic, to helping local Rotary Clubs build a new splash pad, and donating crates of PPE during the pandemic, Flato Developments is finding ways to help in the areas where they have built and are building new communities. BUILDING COMPLETE COMMUNITIES

It’s been a busy year for Flato. The award-winning community builder in southern Ontario launched a flagship residence for seniors in Dundalk, started construction on a Markham condominium and sold out

of a luxury community in Palgrave. The company also sold out two new communities in Beeton, just north of Tottenham, and two more in Dundalk, just this year alone. Homeowners were taken with the initial phase of Beeton Village, a community of single-family homes and townhomes where signature country living melds seamlessly with carefully laid out floorplans to create a sophisticated, convenient and modern collection of new homes. Nearby in Beeton, GreenRidge also sold out the first phase of singlefamily homes and townhomes. With


tree-lined streets, distinctive facades and deep corner lots, this community with modern, spacious homes will be perfect for growing families. In Caledon, Flato’s community of luxury estates, Palgrave Estates, is sold out and Markham’s new Canvas on the Rouge condominium is around 90 per cent sold and has started construction. LAUNCHING A FLAGSHIP RESIDENCE

This year, the company launched its flagship residence for seniors in Dundalk, north of Orangeville. Unique and located in a safe, established neighbourhood, Edgewood Suites offers beautiful, spacious studio, oneand two-bedroom rental suites. This adult lifestyle community is designed for those who want to spend the best years of their life engaged in active, social, healthy and independent living. Construction of Edgewood Suites is starting now. Plus, Flato is building Dundalk Plaza nearby, with retail shops and services to serve the residents and greater community there. Not to be outdone, Edgewood Greens, a master-planned community also in Dundalk, sold out Phases 1 to 7 of beautiful detached family-sized homes, with more to come, and the first two phases of well-crafted townhomes, and detached homes in Dundalk’s new Carriage House community also sold out this year.

Separately, the company purchased and coordinated delivery of more than 7,000 tubes of hand sanitizer to those in need. “There is a great need, now more than ever, to support our communities that have been impacted by this pandemic,” Rehmatullah says. “We want to help the communities we build and operate in, the local families and neighbours.”

NEVER TOO BUSY TO GIVE BACK

$1 MILLION DONATION FOR A NEW HEALTH CLINIC

The Flato team believes in giving back and makes it part of what the company does every day. With the COVID-19 pandemic affecting so many families this year, the team decided to look for ways to help, and committed to supporting local food banks including Shepherds Cupboard Food Bank, Daily Bread Food Bank, The Mississauga Food Bank and others in Beeton, Alliston and Shelburne. Flato has also donated about 24,000 surgical masks and more than 5,000 KN95 masks to hospitals, senior care homes and local communities throughout southern Ontario.

Dundalk’s need for a new health clinic presented the company with the chance to make a real difference in residents’ lives. In May, Flato donated $1 million to build a stateof-the-art interdisciplinary health clinic that will provide primary care, mental health, social and home care services to residents of Grey and Bruce Counties. “We see this as an extension of building complete communities and are proud to help found the new health clinic that will deliver expanded services to the residents of Dundalk and nearby communities,” Rehmatullah says.

This incredible gift is just one way the company has continuously supported the communities where Flato builds and operates. In Shelburne, Flato donated $100,000 to help build a home for an organization that creates multidisciplinary arts programs for youth. Launched three years ago, the Streams Community Hub has served more than 250 kids from around Dufferin County, and the Town of Shelburne has designated a space beside the Centre Dufferin Recreation Complex for the group’s future home. Also in Shelburne this year, Flato donated $5,000 to The Rotary Club to help bring a new splash pad to the families in the community. “Building communities is more than just building homes,” says Rehmatullah. “There’s no greater joy than watching families move into their new home and settle into their new neighbourhood knowing that they will be safe, happy and able to make memories there for many years to come.” For more information, visit flatogroup.com. nexthome.ca | myhomepage.ca  35


BUILDER PROFILE | STOUFFVILLE, WHITBY, RICHMOND HILL

FIELDGATE HOMES REMARKABLE HOMES NOW OPEN ACROSS THE GTA Fieldgate Homes is now open for in-person purchasing by appointment and virtual sales appointments across the GTA. You can connect by phone, video chat or email for a secure and convenient homebuying experience. The Fieldgate teams are waiting to help you find your perfect new homes. Explore these featured communities.

quaint country comforts, great local shopping and easy city access with Hwys. 404, 407 and the Stouffville GO station, all within an arm’s reach.

WHITBY: PARK VISTA

Call 905.640.0002 or email bluesky@fieldgatehomes.com to book your online appointment. STOUFFVILLE: CITYSIDE

STOUFFVILLE: BLUE SKY

A collection of remarkable singles backing onto a protected greenbelt New release – 36- and 40-ft. singles from the $900,000s Discover an all-new release at Blue Sky, featuring 36- and 40-ft, singles adjacent to an incredible protected greenbelt. Explore a diverse array of inspired home designs near an established community, moments to essential modern amenities. Enjoy 36  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

Call 905.640.0002 or email bluesky@fieldgatehomes.com to book your online appointment.

Freehold towns from the $700,000s Fieldgate Homes is offering a selection of freehold townhomes in this wonderful community. Cityside offers contemporary freehold townhomes from the $700,000s. 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.

New Release – 30-, 36- and 42-ft. spacious singles in a park-like setting from the $700,000s A new release of large 30-, 36and 42-ft. singles available now at Park Vista. Just west of Brock St. N. and Taunton Rd. W., find a stunning new community of family residences surrounded by acres of protected greenspaces. A wonderful family atmosphere fills the air of this curated master-planned community, just a short drive from the shores of Lake Ontario and moments to numerous hiking trails, a fantastic lifestyle and many leisure amenities. Find value and luxury in incredible detached


homes near essential transit options, such as Hwys. 412, 407. 401 and the Whitby GO station. Call 905.666.1217 or email parkvistasales@ fieldgatehomes.com to book your online appointment. RICHMOND HILL: RICHLANDS

New release – single-car garage freehold towns and semi-detached homes from the low $1 millions Enjoy a new release of stunning residences at Richmond Hill’s acclaimed Richlands community. Discover an incredible selection of single-garage freehold townhomes and semis in a prime Richmond Hill location. Situated adjacent to Richmond Green Sports Park, Richlands won the hearts of GTA homebuyers in its previous releases thanks to the community’s beautiful collection of detached homes and the remarkable community vision. Both contemporary and traditional designs are available. Call 905.237.1730 or email richlandssales@ fieldgatehomes.com to book your online appointment. KLEINBURG: NEW KLEINBURG

44- and 50-ft. detached homes from the mid $1 millions New Kleinburg is a collection of inspired family residences in a beautiful community 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. This release offers new 44- and 50ft. detached homes. Choose from traditional and contemporary home exteriors for an elegant residence that reflects your personal style. Coming soon – a new release of 38-, 40-, 44-, and 50-ft. singles in exclusive cul-de-sac locations. Register today. Call 905.893.9500 or email impressionssales@ fieldgatehomes.com to book your online appointment. WHITBY: WHITBY MEADOWS

Coming soon – new release of freehold towns, semidetached homes and singles Find stunning towns and singles coming soon to one of the eastern GTA’s most popular communities during Whitby Meadows’ anticipated Phase 2 release. Enjoy a master-planned community that offers west Whitby’s best lifestyle, close to shopping, restaurants, Iroquois Park Sports Centre, Whitby GO station, excellent schools and more. And with an all-new release coming in Phase 2, browse an exceptional selection of 21-ft., two-car garage rear-lane towns, 22-ft. towns, semis and 30-, 36- and 42-ft. detached designs in west Whitby’s finest natural setting. Register now at fieldgatehomes.com, call 905.666.1217 or email whitbymeadowssales@fieldgatehomes.com to book your online appointment today. nexthome.ca | myhomepage.ca  37


BUILDER PROFILE | MARKHAM

WELCOME TO SPRINGWATER MATTAMY HOMES OFFERS CLASSIC STYLE AND REFINED LUXURY In 1978, the founder of Mattamy Homes had an innovative vision to create something unique in a world of uniformity. Looking around at the places we live, he saw an opportunity to build homes with more character within inviting communities. He studied home design concepts all over North America, and began to build an approach to home and community design that prioritizes how you really live, throughout every hour of your day. Having now built more than 100,000 homes in hundreds of communities across the continent, Mattamy is proud to be North 38  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

America’s largest privately-owned home builder. And the company is pushing even further by bringing its innovative vision and trusted reputation back to the exciting city of Markham, with a community that fuses beauty, innovation and grace. SPRINGWATER CONNECTS YOU WITH YOUR CITY

Settling down in Springwater means never having to settle for less. As one of the most culturally diverse cities in Canada, Markham has a rich history and heritage, strong local economy and an incredibly diverse range of activities and amenities for

you to enjoy. Markham invites you to experience the vibrancy of a growing Greater Toronto Area city, while making it easy to escape the hustle and bustle for calmer adventures and memorable day trips. A wealth of greenspace surrounds Springwater’s prized location at Elgin Mills Rd. E. and Woodbine Ave., connecting you with nature more than ever before. Enjoy nearby community parks and trails, such as Phyllis Rawlinson Park, where you can host family barbecues and picnics, and explore fascinating heritage buildings. Visit the Richmond Green Sports Centre and Park to glide round


the outdoor ice-skating trail in the winter, or attend events throughout the year, such as the annual Canada Day fireworks celebration. Your day-to-day routine is made easy with quick access to Hwys. 404 and 407, as well as the Richmond Hill and Markham GO stations. Local schools, shopping, dining, and grocery stores are all at your doorstep in a community that blends modern convenience with inviting local spirit. A HOME BUILT TO FIT YOU

Part of what makes a Mattamy home so sought-after is a commitment to the thoughtful design that maximizes the functionality and feel of your space. The builder’s Architect’s Choice options let you select from a wide variety of structural changes that best fit your lifestyle. Choose from architectural features, such as a Chef’s Kitchen for hosting family get-togethers, or a Bath Oasis to create your very own at-home spa experience. Mattamy’s state-of-the-art design studio will be your opportunity to help make your home reflect your unique tastes and preferences. Your personal design consultant will help guide you through the countless

interior home selections available in the design studio. Make your new Springwater house feel like home before you settle in – a home that complements your family’s unique needs and offers room to grow. AN ELEVATED QUALITY OF LIFE

Discover an array of townhomes and detached homes with the classic style, refined luxury, modern amenities and

elevated quality of life you’ve always dreamed of in Springwater, coming soon to Markham. To stay updated on this landmark community, and to register, visit the website, or follow Mattamy Homes on Instagram for updates, community features and more. mattamyhomes.com @mattamyspringwater

  39


HOMES Magazine salutes the following companies for their dedication to customer service. After-Sales Service is an essential component of a healthy new home industry. These builders are proud of their commitment to the principles of excellent customer service.

DEDICATED TO

EXCELLENT

TM

40  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


CUSTOMER SERVICE

nexthome.ca | myhomepage.ca  41


LOCAL FOCUS

PICKERING & AJAX POISED FOR CONTINUING GROWTH by WAYNE KARL If recent predictions about more homebuyers looking outside the downtown core in a post-pandemic world prove accurate, locations such as Pickering and Ajax might be among the chief beneficiaries. These communities have plenty going for them – close enough to Toronto to benefit from easy transit and highway access, but also sufficiently distant to boast their own small-town feel. Indeed, in its Fall Market Outlook Report, ReMax cites Durham Region as an area poised for strong growth, post-COVID-19. In fact, the realty firm expects Durham to be one of the hottest markets in Ontario for the balance of 2020, forecasting a 14-per-cent increase in average residential prices, compared to just six per cent for Ontario overall. Another realty firm, Royal LePage, shows strong home price growth for the third quarter:

areas and commuting into the city is a real option – particularly with recent GO Transit improvements and the expansion of Hwy. 407. NEW GROWTH TARGETS

The area also has available land and space to facilitate this growth. The Pickering Innovation Corridor boasts 800 acres of greenfield, prestige employment land, located along a limited access transportation route directly adjacent to the site of the future Pickering Airport. Pickering is in major transition, with new growth targets set for the city. The new and developing community of Seaton, for example, is preparing to welcome 70,000 new residents and 35,000 new jobs. Neighbouring Ajax is similarly prosperous, as the town has a welldeserved reputation for progressive thinking. Among the major projects underway is a redevelopment of the

AGGREGATE HOME PRICE GROWTH, Q3

Market

Q3 ‘19

Q2 ‘20

Q3 ’20

Q/Q % chg Yr/Yr % chg

Ajax

$663,117

$717,329

$733,693

2.3

10.6

Pickering

$721,681

$750,572

$781,157

4.1

8.2

Source: Royal LePage House Price Survey and Market Survey Forecast

As for the new home market, the Building Industry and Land Development Association reports new condo sales in Durham are also on the rise – to 54 units in September 2020, compared to 25 in September 2019 and just 15 in 2018. What’s the appeal in the east? Convenient natural location just east of Toronto along Hwy. 401 is among the reasons, with Pickering just 40 km from downtown, Ajax 46, Whitby 59 and Oshawa 62. Living in these 42  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

downtown, with new public spaces at Pat Bayly Square. LOWRISE LIVING

Still sometimes considered suburbs of Toronto, Pickering and Ajax appeal to those in search of single-family and other ground-oriented homes, since, well, there is new lowrise home development in the area. And, like elsewhere in the GTA, “missingmiddle” type housing is also gaining popularity here.

LOCATION, LOCATION, LOCATION

Pickering is 40 km east of Toronto, population 91,771; Ajax 46 km, population 121,780 KEY LANDMARKS

• Casino Ajax • Claremont Conservation Area • Frenchman’s Bay • Greenwood Conservation Area • Petticoat Creek • Pickering Town Centre • Veterans’ Point Garden SELECT HOUSING DEVELOPMENTS

A Towns By Paradise Developments paradisedevelopments.com Edgewood By Geranium Homes geranium.com Nutowns By Madison Group madisongroup.ca Seaton By Fieldgate Homes fieldgatehomes.com Seaton Whitevale By Mattamy Homes mattamyhomes.com NOTABLE NEIGHBOURHOODS

Visit nexthome.ca Ajax Central Ajax Pickering Beach South Ajax Pickering Nautical Village Dunbarton Rouge Park Village East


HOMES MAGAZINE

HOMES MAGAZINE NORTH NORTH REGION REGION

FEATURING BUILDERS AND AND COMMUNITIES COMMUNITIES FEATURINGPROFILES PROFILESOF OFNORTH NORTHREGION REGION ONTARIO ONTARIO BUILDERS

PICTURES ARE COURTESY OF DEMOCRAT HOMES. FOR MORE INFORMATION SEE PAGE 46. PICTURES ARE COURTESY OF DEMOCRAT HOMES. FOR MORE INFORMATION SEE PAGE 35.

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach

Alliston • Barrie • Collingwood • Innisfil • Orillia Meaford • Shanty Bay • Thornbury • Wasaga Beach

nexthome.ca | myhomepage.ca  43


BUILDER PROFILE | ORILLIA

PROFESSOR’S WALK DEMOCRAT HOMES UNVEILS PHASE 4, OFFERING MAXIMUM LIFESTYLE OPTIONS Democrat Homes has unveiled a new phase of quality and affordability in lovely Orillia. Imagine a stylish mix of brick, stone and siding bungalows and twostoreys on 40- and 50-ft. lots adjacent to established neighbourhoods. Schools, shopping, recreation and places of worship are all close at hand. The houses are the perfect choice for families who are tired of unaffordable Toronto real estate prices, but still want a place to call home. Professor’s Walk Phase 4 offers many, many beautiful designs, all with two-car garages. The two-, three- and four-bedroom designs provide maximum lifestyle options combined with open layouts and large windows. There’s a grand choice for homebuyers of every age group. First-time buyers and established families will love the two-storey homes, topping out at an expansive, 2,900 sq. ft., with traditional layouts and spacious principal rooms. The master bedrooms are designed with walk-in closets and large ensuites that are well equipped with sunken tubs and separate showers. The standards included in the purchase price mean that you don’t have to upgrade anything if you so desire. Stone and brick facades, oak stairs, hardwood and plush carpeted areas, nine-ft. main 44  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

floor heights and California knockdown ceilings are just a few of the exceptional features included. The Simcoe model is a twostorey, four-bedroom gem that offers 2,534 sq. ft. of finished living space. Enter this home through attractive double doors set on a large front porch. The foyer is large and features a walk-in closet! The entranceway empties into the main hallway, which opens onto a formal dining room. Stairs on the right lead up to the bedrooms, but straight ahead are the family room (with optional fireplace) and the ample kitchen. This culinary centre includes wall-to-wall cabinets and a convenient centre island, with sinks. Upstairs, the living is large, with a 17-by-13-ft. master bedroom, with a two-sided walk-in closet leading to the exquisite ensuites. The additional three well-sized bedrooms are perfect for the growing family or offer myriad office/granny suite


possibilities. The upstairs laundry is definitely the cherry on top of this delicious residential concoction. The bungalows are ideal for empty nesters who may prefer life with fewer stairs to climb. But their gourmet kitchens (with three-piece appliance package included) and spa inspired ensuites, ensure a commodious lifestyle with plenty of panache. The manageable lawns and gardens are perfectly suited to low or even no maintenance living, perhaps with a small assist from the extremely affordable local grass and snow services. Orillia is the perfect location for a permanent home, offering a small-town atmosphere surrounded by big city amenities. Mainstreet Orillia with its picture postcard charm is just a five-minute drive away… as are the big box stores and familiar restaurants of the new Orillia. If you prefer to walk, hike or bike, your home is surrounded by trails, woods and protected greenspaces. Bass Lake is close at hand… and don’t forget the Lightfoot trail and scenic waterfront, also within easy reach. The setting alone inspires activity filled days and delicious evenings. Orillia also has a vibrant music season, topped by the world-renowned Mariposa Folk Festival. If work is still in your future… work from home with available high-speed Internet, convenient public transit and easy connections to highways. Professor’s Walk is just one hour north of north Toronto, and 15 minutes from Barrie. Best of all, these state-of-the art homes come in more than 12 designs starting from $489,900. You can cash out your big city home and move here for half the Toronto price! Professor’s Walk is another fine project by Democrat Homes, with more than four decades of creating homes… built to appreciate.

+

FEATURED Detached homes on 40- and 50-ft. lots LOCATION University Avenue in Orillia BUILDER Democrat Homes PRICES Starting from mid $400,000s

Visit the presentation centre, located at the corner of University Ave. and Diana Dr. in Orillia. The presentation centre is open Monday to Wednesday by appointment only, and from 11:30 a.m. to 4 p.m. weekends; closed Friday. 705.259.6900. democrathomes.com. christopher@democrathomes.com nexthome.ca | myhomepage.ca  45


DON’T MISS OUT...50% SOLD! ORILLIA

New Phase! New Lots! ORILLIA

ts and may differ from final. Illustrations are artist’s concep E. & O. E. 01/10/20 Priced may change without notice.

FACADES E N O T BRICK & S ES G A R A G R 2-CA TS 40’ & 50’ LO 89,900 FROM $4 OREY T S 2 & S BUNGALOW E$ $ U N O B G I B

Visit our Model Home in Orillia, on University Avenue, across from COSTCO. Email christopher@democrathomes for all the incredible savings!

Professors’ Walk democrathomes.com DEMOCRAT HOMES

WEST RIDGE PLACE - ORILLIA

The LOWEST PRICES in Orillia!


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 51. 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  47


builder PrOFile | SOuTH eTObiCOKe

LAKE SHORE VILLAGE DUNPAR OFFERING A VARIED SELECTION OF BEAUTIFUL AND AFFORDABLE TOWNHOMES Dunpar’s Lake Shore Village in South Etobicoke is now registered, and with only a few townhomes remaining in the sought-after community, purchasers will be able to move-in immediately. The landscaping at Lake Shore has been completed, and Dunpar is putting the finishing 48  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

touches on this exclusive community of 73 beautiful yet affordable townhomes surrounded by mature trees and stately older homes. “For those aspiring to live in this gem of a neighbourhood and, with mortgage rates at such a low level, this is an ideal time to purchase a new

home,” says Michael DiPasquale, COO of Dunpar Homes. “Fortunately, there is still a varied selection of homes remaining at Lake Shore Village to accommodate most families.” Executive townhomes are still available on end lots that feature either three bedrooms with three


bathrooms at 2,163 sq. ft., or a larger unit at 2,250 sq. ft. with four bedrooms. Prices for these homes range from $1.35 million to $1.4 million. There are also some smaller three-bedroom homes ranging from 1,626 to 1,800 sq. ft., priced from $1.01 million to $1.2 million. These well-designed townhomes offer plenty of space for those who are now spending much of their time working from home. Lake Shore Village’s three-storey English Georgian Manor-style towns feature two-car garages and standard features such as engineered hardwood flooring in main living

areas and upper hallways and nine-ft., six-in. main-floor ceilings. Dream kitchens are outfitted with custom crafted cabinetry, granite countertops and backsplash, extended height upper cabinets and undermount kitchen sinks. A luxury stainless steel appliance package is included. Appealing to young families living at Lake Shore Village is the childcare facility located in a completely refurbished high school that is part of the community and is also close to shopping at Sherway Gardens Mall, schools, parks and lots of greenspace. South Etobicoke is within the city of Toronto, consisting of Mimico,

Port Credit, New Toronto and Long Branch. The community is becoming a desirable place to live, thanks to its proximity to Lake Ontario and Humber Bay Park. It’s easy to get anywhere within the city from here or to more distant points, thanks to GO service and TTC routes servicing the neighbourhood and its proximity to the Gardiner Expressway. In these challenging times during COVID, Dunpar Homes constantly remains fully committed to serving its customers safely and responsibly. For more information visit dunparhomes.com. nexthome.ca | myhomepage.ca  49


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*


ADVICE | HOME REALTY

LATEST REAL ESTATE NUMBERS SPEAK TO RENEWED CONSUMER CONFIDENCE

DEBBIE COSIC Many documented sources say that rising home and condo sales, along with rising prices, lead to economic growth. These parameters speak to consumer confidence, because when people see the value of their assets rise, they feel more comfortable spending in other areas. It’s called the wealth effect – and considering how prices of lowrise homes and condominiums have risen over the past decade, along with the imbalance of supply and demand, it’s easy to understand why this is happening in Toronto and the GTA. The Toronto Region Real Estate Board (TRREB) reported that in August, resale residential sales were up by 40.3 per cent compared to August 2019, and the MLS Home Price Index Composite Benchmark was up by 11.1 per cent over that same time period. At the time of writing, the Altus Group statistics for new home and condominium sales were not yet available, but July showed the

You will be investing in your future and the economy of the GTA, Ontario and Canada.

52  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

strongest overall sales for that month since 2007. The benchmark price for new condos was $993,811, up 18.5 per cent over the previous 12 months, and for single-family homes was $1.18 million, up 8.3 per cent over the previous 12 months. All of that was in the face of our slow recovery from the pandemic. To say this bodes well for the future of real estate is an understatement. There is a lot of pent-up demand for new homes and condominiums, as many people decided to wait out COVID-19 before taking that major life step. After a few months, they realized this virus isn’t something that will go away overnight – and encouraged by the statistics, they decided to go ahead and buy. Another factor in the sales surges in July and August has to do with COVID-19. Far fewer residents went on vacation, because of travel restrictions. They had time to look around and examine the possibilities, whether it was for a principal residence or an investment. Regardless of the time of year and economic conditions, people buy homes and condominium suites because their life circumstances change or they decide to add real estate to their financial portfolio. Buying new brings with it some advantages, such as warranty coverage and the ability to select features and finishes that place your personal stamp on your surroundings. Condos also appeal for financial attainability and the convenience of the lifestyle they offer. Builders and developers are offering new communities in excellent locations close to amenities, even in the 905

areas. We are fortunate to have such an appealing array of choices available. Judging by the recent statistics, especially those about prices rising, if you have buying a home or condo in your sights for this fall or winter, you would be wise to do it soon. You will be investing in your future and the economy of the GTA, Ontario and Canada. Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

+MORE CONTENT ONLINE nexthome.ca


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If you’ve purchased your new home within the past 12 months - Enter Today! HOW TO ENTER: Tell us about your experience and you could WIN a $50 Gift Card! Several Winners Per Month!

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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.......................................Mayfield Village ........................................................ 4585 Mayfield Rd. .................................................................countrywidehomes.ca

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. .................................................905-479-9292

24.

Caledon .........................................Pathways Caledon East .......................................... Old Church Rd. & Innis Lake Rd. .......................................................905-533-0439

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 - An Impressions Community.......... Major Mackenzie & Highway 27................................................newkleinburg.com

39.

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

40.

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

41.

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

42.

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

54  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


+

MAP LOCATION 43.

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

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

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

44.

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

45.

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

46.

Oshawa ..........................................Symphony Parkside Towns ................................... 250 Harmony Rd. S. ............................................................... symphonytowns.com

47.

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

48.

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

49.

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

50.

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

51.

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

52.

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

53.

Pickering ........................................Seaton ......................................................................... 1075 Taunton Rd. ......................................................................mattamyhomes.com

54.

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

55.

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

56.

Richmond Hill ..............................Centerfield ................................................................. Leslie St. & Stouffville Siderd. .............................................. royalpinehomes.com

57.

Richmond Hill .............................921 Bayview & Nineteenth .................................... Bayview Ave. & 19th Ave. ....................................................... royalpinehomes.com

58.

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

59.

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

60.

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

61.

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

62.

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

63.

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

64.

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

65.

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

66.

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

67.

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

68.

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

69.

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

70.

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

71.

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

72.

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

73.

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

74.

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

75.

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

76.

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

77.

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

78.

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

79.

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

80.

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

81.

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

82.

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


HOT PROPERTIES | GREATER TORONTO AREA

45

6

8

7 4 5 3

64

65

23

56

58 57 63 59 60 24

61

62

38

82

72

39 18 9

73 36 32

11 10 14

37

12

15

35

31

13 21 22 19 20 30 29

16 17 25 28 26

56  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

34


48

49

81 80 78

40

75 76

51

42 44

46

55 41

74

47

53 77

43

79

1 2 52

54

50 67

33 66 71

70

68 69

MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca | myhomepage.ca  57


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..............Tyandaga Heights .................................................... Havendale Blvd. & Grant St. .................................................... nationalhomes.com

4.

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

5.

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

6.

Burlington/Waterdown..............Plains Rd. .................................................................... 484 Plains Rd. E.......................................................................... nationalhomes.com

7.

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

8.

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

9.

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

10.

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

11.

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

12.

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

13.

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

14.

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

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

21.

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

22.

London ...........................................RiverBend Park ......................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

23.

London ...........................................Warbler Woods ......................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

24.

London ...........................................The Avenue ............................................................... 2200 Jack Nash Dr. ...................................................................... riverbendgolf.com

25.

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

26.

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

27.

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

28.

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

29.

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

30.

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

31.

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

32.

Milton .............................................Panorama................................................................... Tremaine Rd. & Steeles Ave. ........................................................andrinhomes.com

33.

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

34.

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

35.

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

36.

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

37.

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

38.

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

39.

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

40.

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

41.

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

58  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


+

MAP LOCATION 42.

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

SITE

Locate properties using the map on the following page

ADDRESS

CONTACT

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

43.

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

44.

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

45.

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

46.

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

47.

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

48.

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

49.

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

50.

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

51.

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

52.

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

53.

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

54.

Niagara Region ............................Harbourtown Village .............................................. Lakeshore Rd. & Bardol Ave. .................................................silvergatehomes.com

55.

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

56.

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

57.

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

58.

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

59.

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

60.

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

61.

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

62.

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

63.

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

64.

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

65.

Oakville ..........................................Ivy Rouge ................................................................... Sixth Line & Burnhamthorpe Rd. ............................................................ivyrouge.ca

66.

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

67.

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

68.

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

69.

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

70.

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

71.

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

72.

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

73.

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

74.

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

75.

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

76.

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

77.

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

78.

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

79.

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

80.

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

81.

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

82.

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

83.

West Region ..................................Reflections Caledonia ............................................ 1437 McKenzie Rd .................................................................... ballantryhomes.com nexthome.ca | myhomepage.ca  59


HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph 18

15

Waterloo 17 16

Kitchener

Milton 32

14 19

34

79

33 20

Cambridge 1 3 71

73 70

5

6

4

78 80

Brantford

Hamilton

74 10 11

LONDON

9

69 76

28 72 21 25

12

68 84

London 27 26

83

75 30 29

77

81

60  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


36

Mississauga

37

35

65

66 60 64 58 59 67 Oakville 57

61 63

56

MAPS Burlington

7 8

43 50

45 41

55

49 38

St Catharines

Niagara Falls 48 44

42 52

51 46 47

40

53

Welland

54

CARTOGRAPHY: MARKETMAPS.COM

2

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

nexthome.ca | myhomepage.ca  61


HOT PROPERTIES | OUT OF TOWN EAST

FIND YOUR NEXT HOME L

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

h

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La k

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MAP wy W

1. 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.

62  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


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 17 12 5 6

14

10 11

CARTOGRAPHY: MARKETMAPS.COM

1

15 16

3 4 13

MAP

LOCATION

SITE

8 9 7

ADDRESS

CONTACT

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.

Barrie ..............................................Yonge & Mapleview................................................. Yonge St. & Mapleview Dr....................................................................greatgulf.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 Collingwood Area .......................Mountain House at Windfall ................................. Mountain Rd. & Crosswinds Blvd ..............................georgianinternational.com Collingwood Area .......................Waterstone Modern Townes................................. Mountain Rd. & High St. ................................................................dicenzohomes.ca 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 Innisfil .............................................Innisfil Sandiego Home.......................................... 1655 Webster Blvd. .....................................................................sandiego-homes.ca North Region ................................Braestone Horseshoe Valley ................................. 3246 Line 9 North .........................................................georgianinternational.com North Region ................................GreenRidge & Beeton Village ............................... 41 Main St. W. .......................................................................................flatogroup.com North Region ................................Midhurst Heights...................................................... Russel Rd. & Craig Rd...........................................................................geranium.com North Region ................................Edgewood Greens ................................................... 300 Hagan St. E. ..................................................................................flatogroup.com

16. 17.

North Region ................................Carriage House Dundalk ....................................... Glenelg St. & Ida St. ..........................................................carriagehousedundalk.ca Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com

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ADVERTISER INDEX — Find ads easily inside this edition Activa .........................................................40

FocalPoint E-News ............................... 65

National Homes ...............................13, 40

Andrin Homes .........................................40

Georgian International ............14, 15, 41

North Star Homes .................................40

Ballantry Homes ............................... 3, 40

Geranium Homes .................................... 41

Paradise Developments .................. 7, 41

Black & Decker ....................................... 64

Great Blue Resorts ............................... 64

Plaza .............................................................. 2

Branthaven Homes .........................30, 31

Great Gulf .................................................. 41

Regal Crest Homes ................................ 41

Brookfield Homes .................................. 41

Heathwood Homes ...............................40

Rosehaven Homes ................................. 41

Country Homes ....................................... 41

Hotel Vie ......................................................6

Royal Pine Homes .................................40

D.O.T. Furniture ...................................... 50

Lucchetta Homes ..................................40

SanDiego Homes...................................40

Democrat Homes .................................. 46

Madison Group .......................................40

Sifton ..........................................................40

Dunpar .........................................................51

Marlin Spring ............................................ 41

Silvergate Homes ................................... 41

Enbridge ....................................................67

Mason Homes .......................................... 41

Stateview Homes ..................... 26, 27, 41

Epoch Times..............................................17

Mattamy Homes...............................41, 68

Tribute Communities ............................ 41

Fieldgate Homes ..............................11, 40

Menkes .......................................................40

Flato Developments Inc. ............... 5, 40

Mountainview Building Group............4

64  HOMES Magazine  |   Nov. 21–Dec. 19, 2020


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ADVICE | INDUSTRY REPORT

TIME REALLY IS MONEY WHEN IT COMES TO BUILDING HOMES

DAVE WILKES

I often talk about the timeframes of municipal building approvals as one of the key factors contributing to the housing supply and affordability challenge in the GTA. Now, thanks to a new municipal benchmarking study compiled by Altus Group for BILD, we can quantify exactly how long municipal approvals take and how much delays add to the cost of a typical single-family home or condo unit in the region. As you will see, the time periods can be measured in years and the cost implications in the tens of thousands of dollars. The study, published by BILD in late September, examines 18 municipalities in the GTA. The Canadian Home Builders’ Association published a similar study looking at 23 municipalities from coast to coast. The key question both studies seek to answer is “How are municipal processes affecting housing affordability and supply?” They also attempt to glean transferable best practices to improve efficiencies and processes. To ensure an accurate analysis, the BILD study measured only the time from once the municipality had deemed the application complete to municipal approval – in other words, the time required for the municipality to process the application. In addition, the study looked only at timeframes for single applications, whereas a typical homebuilding project will require multiple types of applications, rendering the actual approval timeframe much longer. The study found that average municipal approval times for single

66  HOMES Magazine  |   Nov. 21–Dec. 19, 2020

The study found that average municipal approval times for single applications across the GTA stretched well in excess of the maximum times allowable under provincial legislation.

applications across the GTA stretched well in excess of the maximum times allowable under provincial legislation. In the case of one municipality, the approval time for an application stretched 29 months longer than the maximum legislated approval timeframe. Only two of the 18 municipalities examined have approval performance approaching the provincial requirements. The study also found that for each month of red tape, additional costs accrued to the projects waiting for approval, in the form of taxes payable on vacant land, increases to municipal charges and fees, carrying costs of loans such as interest, and inflation on construction costs or labour wages. In the GTA, these costs averaged approximately $2.21 per sq. ft. per month for a highrise unit, and $1.46 per sq. ft. per month for a lowrise home. While that might not sound like a lot, it can add between $58,000 and $87,000 for a typical 2,000-sq.-ft. single-family home and between $44,000 and

$66,000 for a highrise unit in the GTA. Lastly, the study identified a number of best practices that some cities and towns in the GTA are implementing to streamline their processes and improve approval times. As BILD continues to focus on housing supply and affordability challenges in the region, we are sharing the study with our municipal partners and encouraging them to adopt some of the key insights. When it comes to home building, time really is money. 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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Savings by Design

Thank you!

For helping us lead the way to a sustainable future — Home builders that join the Enbridge Gas Savings by Design program are given free access to industry expertise to design and build high-performance homes. Thank you to our participating builders. Is your builder a participant? Alliance Homes Ltd. Arista Homes Aspen Ridge Homes Averton Ballantry Homes Ballymore Homes Calibrex Development Group Country Homes Eden Oak Homes Inc. Fernbrook Homes Geranium

Kaitlin Corporation Lindvest Marshall Homes Midland Homes Norstar Baker Hill Inc. North Star Homes Partners at Brightwater Poetry Living Regal Crest Homes Rosehaven Homes Royal Pine Homes

Visit savingsbydesign.ca to learn more. To participate in the program, homes must be located in the former Enbridge Gas Distribution Inc. service area. Visit savingsbydesign.ca for details. © 2020 Enbridge Gas Inc. All rights reserved. ENB 262 12/2020

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Profile for NextHome

GTA Homes Magazine - November 21, 2020  

Southern Ontario's #1 New Home guide! Including maps to all new home communities, community profiles, expert advice and industry news.

GTA Homes Magazine - November 21, 2020  

Southern Ontario's #1 New Home guide! Including maps to all new home communities, community profiles, expert advice and industry news.

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