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Southwestern Ontario New Home and Condo Guide - June 8, 2013

Page 1

June 8 - 22, 2013 Volume 16 Issue 11

A home that speaks to your sense of style. A home that’s been designed to reflect your taste for the sleek and the fashionable.

This is your victory.

INSIDE THIS ISSUE

CALLING FOR CHANGE TO ONTARIO BUILDING CODE

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HOW ‘BIG MOVE’ MAY AFFECT HOMEBUYERS

WOODSTOCK: PREPARING FOR A HEALTHY FUTURE

2013-06-03 6:26 PM


Visit our showroom to view our spectacu

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With designs to reflect tastes of the chic and fashionable, the exteriors of our homes focus on the finest details, including elegant coach lamps, dark trim windows and combinations of brick and stone, creating stunning streetscapes at every corner.

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ectacular 42’ homes & 2-storey town homes

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Renderings are Artist’s concept only and subject to change without notice.

@EmpireVictory

42' Detached from

493,990

$

facebook.com/EmpireVictory

22 Green Mountain Rd. W., STONEY CREEK 905.930.7934

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TRUE Freehold 2-Storey Towns from

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Prices, sizes and specifications are subject to change without notice. Please see Sales for full details. E. & O.E. Map not to scale. Exclusive listing brokerage: TFN Realty Inc. Broker Protected.

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EASY BUY

TM

MAKING HOME OWNERSHIP A REALITY.

5

down over 12 months $ & 500 initial deposit.* %

STONEY CREEK

42’ HOMES NOW AVAILABLE! TRUE Freehold 2-Storey Towns from

274,990

$

TRUE Freehold Towns from

281,990

$ @EmpireVictory

34' Detached from

351,990

$

42' Detached from

493,990

$

facebook.com/EmpireVictory

22 Green Mountain Rd. W., STONEY CREEK 905.930.7934

HAMILTON

4 NEW MODELS NOW OPEN! TRUE Freehold Towns from

247,990

$

30’ Detached from

286,990

$ @EmpireSummerlea

36’ Detached from

326,990

$

44’ Detached from

376,990

$

facebook.com/EmpireSummerlea

3 Binhaven Blvd., BINBROOK 905.692.6000

BRANTFORD

4 MODELS TO TOUR! TRUE Freehold Towns from

196,990

$

30' Detached from

234,990

$ @EmpireWyndfield

36' Detached from

291,990

$

44' Detached from

321,990

$

facebook.com/EmpireWyndfield

310 Blackburn Dr., BRANTFORD 519.756.4554

407

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Mon-Thurs 1-7pm Fri 1-6pm Sat, Sun & Hol. 11am-5pm

Join the conversation @Empire_Living

facebook.com/EmpireCommunities

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Prices, sizes and specifications are subject to change without notice. *Applies to townhomes with 14-month move-ins, on approved credit. Ask about the Easy Buy Program for other home types. Please see Sales for full details. E. & O.E. Map not to scale. Exclusive listing brokerage: TFN Realty Inc. Broker Protected. TM

EMPI 5416 NH SWO Cover-Gatefold-FR5 copy.indd 2 Untitled-26 1

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es Inside, Victory’s open-concept designs are paired with stunning contemporary finishes, from sleek laminate flooring to luxurious rain shower heads, complementing both convenience and style.

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4

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mattamyhomes.com

If You’d Like To Relax Down By The Pond, We Suggest You Hurry.

Last Few Remaining Townhomes In Cambridge’s Mill Pond Now Available.

c a m b r i d g e

Large Townhome Kitchens For Entertaining.

Mill Pond

Purchase Today And Receive An Upgrade Of Oak Stairs Standard In Your New Home. We present the very last Townhomes that will be built in our popular Cambridge community of Mill Pond. This community is highly regarded for its abundance of natural features and great location near the quaint village of Hespeler. These Mill Pond Townhomes are available for sale at our Wildflowers Presentation Centre, located at 1571 Fischer Hallman Road, Kitchener, N2R 1P6. Don’t miss this final opportunity to enjoy scenic living down by the Mill Pond. Elev. ‘A’

Condo Townhomes From $272,990

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Presentation Centre Hours: Monday to Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm LIKE US ON FACEBOOK

www.facebook.com/mattamyhomesGTA

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

SW_NH&C_Mill Pond June1.indd 1 006-Mattamy-Wildflowers 06-08-13.indd 6

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NEW RELEASE OF FREEHOLD

BACK TO BACK TOWNS URBANSTYLE TOWNS FROM THE MID

200s NOW OPEN CENTRE RD.

WATERDOWN

The ideal location in the charming town of Waterdown, a beautiful home you are proud to come home to, picturesque walking trails and a genuine sense of community – you will find it all here, welcome home.

PARKSIDE DR.

6 DUNDAS ST.

403

905-690-7600 CountryGreenHomes.com

HAMILTON ST.

It’s your time, It’s your community, It’s your neighbourhood for life.

407 QEW

Mon - Thurs 1-7pm Friday by Appt Sat & Sun 11-5pm june 8 - 22, 2013 | New home & condo guide SWO 7

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contents

JUNE 8 - 22, 2013

||

VOLUME 16 ISSUE 11

14

cover story

48

40

p.14 EMPIRE COMMUNITIES New home designs at Victory a hit with buyers

regular and special features IN EVERY ISSUE 10 EDITOR’S NOTE

75 76

community focus features 30

HOT DATES AD INDEX

54

COLUMNISTS

56

HHHBA REPORT

Metrolinx Investment Strategy targets new-home buyers

60

by Mathieu Langelier

77

Buyers line up to experience new Fergus community MORTGAGE RATES

Bank of Canada maintains target interest rate at one per cent

Learning about mortgage essentials is time well spent

IN THE NEWS ONTARIO BUILDING CODE

Industry calls for change to facilitate affordable homes

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69

BURLINGTON

LJM Developments Building a legacy: LJM Developments sets sites on Burlington with new condo

48

GRIMSBY

Bucci Homes Life is Bliss at Bucci Homes’ new lakeside community in Grimsby

Home building industry pans Metrolinx plan

HOMEBUYERS’ HELP

66

40

OHBA

FUNDAMENTALLY SPEAKING by Wayne Karl

24

REID’S HERITAGE HOMES

CITY FOCUS:

Woodstock: taking root for a healthy future HOMEBUYERS’ RESOURCES

Mortgage Calculator & Rate Table

NEW HOME

watch

19 Waterloo 33 Hamilton 62 London

6/6/13 12:37:29 PM


No, your piggy bank did not just rob a bank...

no mortgage payments

FOR ONE YEAR!

FONTHILL, PHASE ONE

905.323.6232

NIAGARA FALLS

DOWNTOWN ST. CATHARINES

www.mountainview.com

NO MORTGAGE PROMO: Subject to restrictions. Mortgage applies to first $300,000. Only available on 12 month closings. • 1.99% PROMO: Subject to restrictions. Only available on 12 month closings.

Or choose 1.99% Interest Rate for FIVE years at any Mountainview Community! june 8 - 22, 2013 | New home & condo guide SWO 9

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editor’snote

Think you can’t afford a home? It’s more affordable than you first thought

M

uch like that bank commercial that says, “You’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you need only to change your definition of “home” to get into the market. While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call home. Not only does townhouse and condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you can often opt to remain in the same neighbourhood, since many communities offer a mix of designs and sizes, which allows families to relocate easily without having to change jobs or schools. Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum. Many builders and developers are gearing up for their grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity. Have a look through this issue and see what you think. The home of your dreams is waiting.

Susan Legge EDITOR-IN-CHIEF Wall2Wall Media, susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

ASSOCIATE PUBLISHER

Susan Maxwell

EDITOR-IN-CHIEF, NATIONAL REAL ESTATE

Susan Legge ART DIRECTOR

Daiana Garay EDITOR

Wayne Karl CONTRIBUTING EDITORS

Sara Duck Elisa Krovblit Lydia McNutt (on leave)

DISTRIBUTION & SALES CO-ORDINATOR

Jennifer Bistron

ADMINISTRATIVE ASSISTANT

Antoinette Jackson

MANAGER OF PRODUCTION

Bala Gnanapandithan CO-ORDINATOR

Laura Northmore GRAPHIC DESIGNER

Viosa Barileva

NATIONAL ACCOUNT MANAGER, MEDIATIVE

Paul Slizys

CONTRIBUTING WRITERS

Joanne Keenan Jeffrey Reed PUBLISHED BY

Proximity premium

Being close to transit, highways and other infrastructure more important than ever

T

he ongoing debate over transit expansion – and more importantly, how to pay for it – continues to be a contentious issue. Metrolinx, the Ontario government agency charged with integrating the modes of transportation in the GTA and Hamilton areas, recently recommended its investment strategy to fund the improvements. The revenue tools, as proposed, are bound to impact us all: a one percentage point increase to the HST; a five cent fuel and gas tax; business parking levy; increase in development charges; road tolls; and transit parking fees. Bodies representing the home building industry have weighed in with their views (see page 60), and the potential impact on homebuyers. Indeed, no one relishes the thought of rising costs. Meanwhile, a recent survey from BMO Bank of Montreal shows that being close to public transit and having a short commute are among the top features people look for when buying a home. Do you see the predicament? Proximity and access to transit and amenities are critical for buyers and builders alike. New-home communities close to existing infrastructure – or committed expansions – are at an increasing premium. Prospective homebuyers should note this fact as they scout about for their new home location.

Wayne Karl EDITOR Wall2Wall Media, wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

newhomeandcondoguide.com #500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 Call Susan Maxwell at 416.580.1654 FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260; e-mail: susan.maxwell@wall2wallmedia.com Office hours are Mon-Thurs. 9-5; Fri. 9-12

ADVERTISING:

CIRCULATION: Free distribution. Published bi-weekly from Sept.-Nov. & from Feb.-June and monthly in June, July & Dec. TERMS: Advertisers, Editorials and New Home & Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL: Submissions from interested parties will be considered. Please submit to the address above, to the attention of the Editor. COPYRIGHT 2013: All

rights reserved by New Home & Condo Guide, Toronto, Ontario. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

10 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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U9050_LS_NHC_SWO_June8_U9050_LS_NHC_SWO_June8 6/4/13 4:35 PM Page 1

1,530 sq.ft. $249,900 from only

Executive Freehold Townhomes In The Heart Of Beamsville

Best Sales Centres of 2012 Award Distinction

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Make A Smart Investment! Incredible new $15 Million, 46,000 sq. ft. Community Centre right in Lincoln Square! • Completion scheduled for summer 2014 • Right in your community a new state-of-the-art facility with public library & NHL-sized hockey rink.

BU

LAKE ONTARIO

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EXIT

64

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BEAMSVILLE SALES CENTRE

SERENA DR. KIN G ST.

ONTARIO ST.

GRIMSBY

ONTARIO ST.

STONEY CREEK

BARTON ST.

NIAGARA

FIFTY RD.

N

CENTENNIAL PKWY.

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HAMILTON

MAY ST.

DOWNTOWN BEAMSVILLE

Sales Office Hours & Location

Register now on your mobile device

Sales Centre: Intersection of Ontario & May Street, (Serena Drive), Beamsville Hours: Monday - Thursday 1pm - 7pm Saturday & Sunday 12pm - 5pm Fridays by appointment only

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IMPORTANT: Take Ontario St. (Hwy #18)/Beamsville Exit #64 Do Not Take Ontario St./Grimsby exit

HomesByDeSantis.com

* See Sales Representative for details. Illustrations are artist’s concept. Prices and specifications subject to change without notice.

Model Homes Coming Soon ~ Grand Opening June 22 Niagara Falls 011-Homes by DeSantis-Lincoln Square 06-08-13.indd 1

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BH_NHC_DoublePg_May24_F.pdf

Live the Life

1

2013-05-22

3:38 PM

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Most Awarded Community in the Region

Best Interior Design

Best Townhome Under Best Bathroom 2,500 sq.ft. Design

Bin

3-Storey Waterside Townhomes Tour our

Award Winning Model Homes!

Towns with 9’ Ceilings Priced from

Mon-Thurs 3-7 p.m., Fri Closed, Sat & Sun 1-5 p.m. 1-877-958-9898

012-013-Branthaven Homes 05-25-13.indd 12

*

Sales Office

North Service Rd.

BRANTHAVEN.COM

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SALES OFFICE: 440 North Service Road 12

Kit Winston Rd. Oakes Rd.

Includes

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*Ask sales representative for more details. Prices, sizes and specifications are subject to change without notice. Renderings are artist’s concept. E.&O.E.

6/5/13 1:09:38 PM


home r 0 sq.ft.

BH_NHC_DoublePg_May24_F.pdf

Live the Life

2

2013-05-22

3:38 PM

™

Great Communities Designed For The Way You Live! Improve your lifestyle!

Move in within 30-120 Days! 3-Storey Urban Townhomes

$257,490 $2,500 BONUS

Priced From

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Available with Main floor Hardwood or PLUS CHOOSE 4 Stainless Steel Appliances* Artist’s concept

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Prices, sizes and specifications are subject to change without notice. Renderings are artist’s concept. E.&O.E. *Ask a sales representative for more details.

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coverstory

Empire’s new home designs at Victory a hit with buyers Builder introduces new easy buy program location Stoney Creek housing type Townhomes, two-storey towns, 34- and 42-ft. detached homes sales centre 22 Green Mountain Rd. W. contact empirecommunities.com info@empirevictory.com 905.930.7934

V

ictory, one of Empire Communities’ new master-planned communities in Stoney Creek, has seen an exciting response to its newly released 42-ft. home designs. “Buyers have responded to these new home designs with open arms,” says Paul Golini, executive vice-president of Empire Communities. “People wanted larger homes on larger homesites and we designed what they asked for.” The new homes – the Elation; the Achievement; the Magnificent; the Champion and the Victor range in size from 2,863 to 3,616 sq. ft. in size. These elegant designs welcome guests through a double door entry. Each of the five new designs features a striking interior with open concept layouts. Popular in the Elation is the huge family room that overlooks the live-in kitchen – perfect for entertaining. Three of the four bedrooms in the Elation include their own ensuite bathroom with a spa-like master ensuite complete with separate shower and oval bathtub. The Elation also features a convenient main floor laundry room with ample storage and easy access – a dream for busy mothers. Prices for these homes start from $493,990.

14 New home & condo guide SWO | june 8 - 22, 2013

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Empire Communities

Victory

Looking for something a bit smaller? Victory also offers an outstanding selection of classy twostorey townhomes ranging from 1,247 sq. ft. for the Harmony up to 1,667 sq. ft. for the Felicity corner. The popular live-in kitchen with spacious family room is in each of these three bedroom, two and a half bathroom designs. Large foyers at the entrance welcome you into the airy open concept main level. Victory townhomes start at an affordable $274,990. Every home at Victory boasts high-end details such as modern baseboards, curved shower rods and frameless glass showers in the bathrooms as well as beautiful Live-in kitchens, ideal for all families. Every detail, inside and out, was selected with value and design in mind while also offering a cool, urban look. Additional finishes include laminate flooring, two-tone contemporary kitchen cabinets and modern backsplashes. Buying a new home from Empire has never been easier. Now, Empire is introducing their Easy Buy Program to help purchasers buy their new dream home at Victory. Drop by the sales office for more details about this exciting program. Ideally situated in prestigious Upper Stoney Creek on the mountain, Victory will rise next to Centennial and the Red Hill Valley Parkways and close to major highways the QEW, 407, 403 and 6. Not only does Victory’s location make your commute a breeze, residents will also feel thrilled

to come home to a design-driven community with sleek, contemporary homes. Victory is also just a stone’s throw from modern services and amenities including major retail, schools, parks and athletics. Empire Communities is the region’s leading builder and has provided local families with outstanding homes in Hamilton, Ancaster, Dundas and Binbrook. Empire has the know-how and the reputation to deliver the same high level of service and quality homes in Stoney Creek. To learn more visit empirecommunities.com or email info@empirevictory.com The sales office is located at 22 Green Mountain Rd. W.

june 8 - 22, 2013 | New home & condo guide SWO 15

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Every Day is a Great Day

at Woodstock’s Sally Creek!

BILD 2012 HOME BUILDER OF THE YEAR

CHBA 2011 GRAND SAM AWARD WINNER

Sizes, prices and specifications are correct at press time and subject to change without notice. All illustrations are artistʼs concept. The ENERGY STAR® WQ-1184 NHG SWO DPS June 4th, 13.indd 1 016-017-Geranium Homes-Village of Sally Creek 06-08-13.indd 1

6/5/13 1:09:51 PM

mark


From your gourmet kitchen comes the sounds of rattling pots and pans as your man plans this evening’s dinner party with your new neighbours. One cooking class at the Sally Creek Rec Centre and he’s gone from burgers on the barbecue to chateaubriand with seasonal vegetables bought just this morning from the Woodstock Farmer’s Market. You chuckle to yourself as you think, it almost looks like he knows what he’s doing. Oh well, even if he doesn’t there’s always dinner on the patio at the Sally Creek Bistro. The Village at Sally Creek is about more than just great golf — it’s about right sizing your lifestyle while enjoying the very best in four season living in a neighbourhood that has it all!

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6/5/13 1:09:52 PM


builderperspectives

Furniture plans help with smooth moves Jo-Ann Capelaci

I recently met with Jo-Ann Capelaci (joanncapelaci.com),

who I knew years ago as a partner in Colours & Concepts, a company she started with Susan Harvey. At the time there were very few who specialized in managing the décor process on behalf of new-home builders. Geranium Homes was one of the company’s first clients and is still working with them today. Capelaci’s team of professionals assist new-home buyers with the important process of selecting their entire interior finishes for their home. Today, Capelaci divides her time between her clients in Toronto and her business in the Los Angeles area where for 10 years she has been designing multi-million-dollar homes. In addition, the merchandising services (similar to home staging) offered through her company Designsflo have helped clients with the sale of their residences. Sharing her knowledge and experience with people is a happy by-product of an interesting career and Capelaci has created a series of topical workshops Geranium will be presenting this fall. For her custom home clients, Capelaci designs a furniture plan early in the process, which also then becomes a foundation for the lighting plan. If a client has purchased their home before calling Capelaci, she suggests they start immediately. To get the ball rolling, she begins with a thorough customer interview. She first needs to understand how her clients will actually use each room. This is an important step and takes into consideration all sorts of factors, from the age of the occupants to the amount of sunlight a room receives. “The most common mistake people make is buying or keeping furniture that is too large for their new home.

We also see a tendency to over crowd rooms. Today’s trend is towards less cluttered spaces; rooms feel more spacious and we feel better in a home with less stuff,” says Capelaci. A plan starts with each room’s focal point; ensures space is allocated for navigating around and through areas; establishes scale and proportion for furnishings and creates rooms that are open and inviting to residents and guests. If a particular room is to serve multiple functions for the family, then Capelaci often suggests using built-in furniture with lots of storage to alleviate clutter. Capelaci sees a further benefit to having a furniture plan when you shop for new items. “Knowing what will fit in your next home, may result in a much easier and more pleasant moving experience,” she adds. As a certified interior designer, Capelaci keeps abreast of new and popular materials. “For instance, flooring is one of the most visible finishes a buyer will choose and two of my current favourites are wood for its beauty and versatility and large format porcelain tile, there are excellent options that look like actual stone,” she explains. Just for fun, Capelaci suggests adding a touch of sparkle to a home’s interior. “This is particularly effective in an area that is quite masculine in appearance.” This is part of a series of articles on topics of interest to new-home buyers, authored by Sue Webb Smith, marketing director for Geranium Homes

18 New home & condo guide SWO | june 8 - 22, 2013

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halton hills wellington waterloo

New Home

watch

BUILDERS: If you would like to include your new model home or site opening, email wayne.karl@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!

preview registration mady developments Waterloo | 155Uptown Now previewing – uptown Waterloo living with the best in value, selections, location and building and neighbourhood amenities.

liveat155uptown.ca

Vanmar Guelph | V2 Condos Coming soon to south Guelph, an intimate midrise condominium only minutes to nature trails, golfing, dining and shopping.

v2condos.ca

macpherson builders Fergus | Summerlea Coming soon – single-family homes from the $280’s. Register today.

mysummerlea.com

losani homes Kitchener | Victoria Common Grand Opening for this community of “FlexSpace” townhomes.

victoriacommon.ca

Almaa Ayr Cambridge Elora Fergus Georgetown Guelph Kitchener Rockwood Waterloo

new openings

new releases

menkes Georgetown | The Enclaves of Upper Canada

reid’s heritage homes Guelph | Westminster Woods

Preview opening of a new family community of semi-links and detached homes backing on to a ravine mature trees.

Most affordable condos in desirable South Guelph. In an award-winning community, Kingsbury Square’s one- to three-bedroom suites are selling fast.

menkes.com

mattamy homes Kitchener | Wildflowers Coming soon – Mattamy’s first master-planned community in Kitchener, with affordable townhomes and detached homes.

mattamyhomes.com

reidsheritagehomes.com

reid’s heritage homes Guelph | Westminster Woods Arlington Court is the final opportunity in Guelph signature family community – beautifully designed three-bedroom, two-storey residences starting at $284,900.

reidsheritagehomes.com

reid’s heritage homes Fergus | Westminster Highlands Grand Opening of new master-planned community in Fergus. Phase One includes, single-family homes, bungalow townhomes and executive townhomes – close to amenities.

reidsheritagehomes.com

fusion homes Guelph | Blueberry Hill Brand new semi-detached and 30-ft. detached lots.

fusionhomes.com

dunsire developments Kitchener | Mill Creek Village Traditional or Back-2-Back townhome units with walkouts available.

millcreekvillage.ca

june 8 - 22, 2013 | New home & condo guide SWO 19

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20

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Plattsville

Breslau

Milton, Georgetown, Rockwood, Guelph, Fergus, Elora, Alma, Cambridge, Kitchener, Waterloo, Ayr

Halton Hills / Wellington / Waterloo:

Acton


Cambridge

MATTAMY HOMES

Mill Pond

Fergus

Reid's Heritage Homes

Westminster Highlands

•

Guelph

FUSION HOMES

Privada

Kitchener

BRANTHAVEN HOMES

Kitchener

BRANTHAVEN HOMES

Nestings

Kitchener

DUNSIRE DEVELOPMENTS

Mill Creek Village

•

•

•

•

•

•

from $400's

23

Joy

•

from $257,490

13

•

from $423,990

12

•

from $236,990

25

Kitchener

WILLIAMSBURG HOMES

Eby Estates

•

from $339,900

22

Kitchener

QUEENSGATE

Victoria Common

from $189,900

29

Puslinch

Reid's Heritage Homes

Heritage Lake Estates

•

from the $950's

BC

Waterloo

MADY HOMES

One Fifty Five

from $239,900

28

from $272,990

Page

•

•

6

31

Milton, Georgetown, Rockwood, Guelph, Fergus, Elora, Alma, Cambridge, Kitchener, Waterloo, Ayr

Prices

Halton Hills / Wellington / Waterloo:

Builders SiteS

De t. Se m Bu i ng a To low w Co nho nd m Ad o e ul tL ife sty le

Location

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Observing actual birds tweeting ENJOY BIGGER BACKYARDS THAT DRAW YOU OUTDOORS SPECTACULAR HOMES ON LOTS 100’ TO 200’ DEEP At Eby Estates not only will your beautiful, big backyard call you outdoors, but so will the Eby Estates community. We’re located just minutes from Hwy 8, great shopping, dining, schools and public transit. Enjoy a spectacular home with inspired architecture and unique stone and brick accents. Choose from 30’, 36’ and 40’ lots.

KITCHENER Conestoga Parkway

Energy Star® Certified homes

LEARN MORE AT:

From $339,900

williamsburghomes.ca or 519.208.5834

Homer Watson

Isaiah St.

Gravel Ridge Trail

Fischer-Hallman

2012

7/8

DISCOVERY CENTRE

Bleams Rd.

HWY #8

Exit #278

401

LONDON

TORONTO

MODEL HOME & DISCOVERY CENTRE HOURS: Mon. - Wed. 2 - 7pm | Sat. - Sun. Noon - 5pm

®

*Prices and specifications subject to change. See sales representatives for more details. | ENERGY STAR is administered and promoted in Canada by Natural Resources Canada. Used with permission. March, 2013.

22 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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REALIZE LUXURY GUELPH'S MOST EXTRAORDINARY COLLECTION OF BUNGALOW TOWNHOMES

FINAL PHASE NOW UNDERWAY. YOUR TIME TO BE PART OF THIS INCREDIBLE COMMUNITY IS RUNNING OUT.

Privada is Spanish for Private. Privada on the Speed River in Guelph also means luxury bungalow townhomes that are perfectly maintained year-round. With state-of-the-art custom kitchens, dramatic 9' ceilings, inspiring architectural features and hardwood & ceramic throughout, it's the perfect place to really start enjoying life. Another project brought to you by Fusion Homes. Starting from the $400's.

GUELPH HWY.7/

Visit our Model Home: 19 Simmonds Dr, Unit 42, Mon-Wed 2-7pm, Sat-Sun 12-5pm Or by appointment: 519-836-9777 or sales@fusionhomes.com Prices and speciďŹ cations subject to change without notice. E. & O.E.

fusionhomes.com

023-Fusion Homes-Privada 06-08-13.indd 23

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inthenews

INDUSTRY CALLS FOR CHANGES TO ONTARIO BUILDING CODE THAT WILL RESULT IN SAFE,

affordable homes

AN EXTENSIVE REPORT ADVOCATING FOR AN

Ontario Building Code change that will result in the construction of safe, affordable homes was released recently by the Building Industry and Land Development Association (BILD), the Residential Construction Council of Ontario (RESCON) and the Canadian Wood Council. “It’s good urban planning, it’s safe and it’s good for future homebuyers in the GTA and across Ontario,” says Bryan Tuckey, BILD president and CEO. “We’re calling on the Ontario government to change the Code to allow for six-storey woodframe construction to help unlock the immense potential in neighbourhoods that have underutilized land on major avenues and corridors. “Our report shows that these lands are often well-served by existing infrastructure and transit, and midrise buildings can help to meet the demand of the increasing population of our region, offering a variety of sizes and design features for people of all ages.” Currently, the Ontario Building Code limits woodframe construction to four storeys. The building industry is advocating for a change to the Code to allow for up to six-storey woodframe construction, which will result in the affordable construction of midrise buildings. “Building midrise housing becomes more expensive when you go above four storeys because you have to use materials like concrete and steel,” says Leith Moore, president of the Ontario Home Builders’ Association and vice-president, development, at Sorbara Development Group. “If the Ontario Building Code allowed for six-storey woodframe construction, costs would go down and options for new homebuyers would go up.” Strong planning and economic rationales are outlined in the report, Unlocking the Potential for Mid-Rise Build-

ings: Six Storey Wood Structures, commissioned by BILD and authored by former City of Toronto Chief Planner Paul Bedford. In addition, BILD and the Residential Construction Council of Ontario (RESCON) commissioned a complementary report, Midrise Combustible Construction in Ontario – Building Code Issues, to investigate fire safety issues related to an increased use of combustible material in construction. “The number of fire incidents does not increase just because buildings have more combustible material. Our study found that data collected by the National Fire Incident Reporting System doesn’t show that fire incidents are related to the type of construction, rather to the use and occupancy of the building,” says Richard Lyall, president of RESCON. “As well, the National Fire Code and regulations in Ontario’s Occupational Health and Safety Act contain many provisions for construction projects that address potential fire hazards and provide solutions to reduce risks. Woodframe buildings have to meet the same standards as those built using other materials,” adds Marianne Berube, executive director, Ontario Wood Works, Canadian Wood Council. The changes to the Ontario Building Code would be similar to changes made to the British Columbia Building Code in 2009, which had an immediate impact on the local economy. With BC as a case study, Ontario can expect increased job creation, increased tax revenue from the addition of new residences, more affordable options for new homebuyers and a minimized carbon footprint in the construction of these buildings.

24 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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pause. breathe. escape. Move in this Fall

City Convenience. Country Views.

T O L E S E R M F IU , 2013 M PRiEl June 30 unt

(o

) ots

ct l

le n se

MODEL HOME NOW OPEN For floor plans, visit www.millcreekvillage.ca 1.888.519.2346

*

025-Dunsire-Mill creek Village 06-08-13.indd 1

MODEL HOME HOURS MON-WED: 4 - 8 PM WEEKENDS: 1 - 5 PM HOLIDAYS: CLOSED

A NEW COMMUNITY BROUGHT TO YOU BY

DEVELOPMENT FINANCING BY

MORTGAGE ADMIN. NUM. 11955

6/5/13 1:10:07 PM


V

DESIGNED FOR

now previewing Centrally located in UpTown Waterloo, surrounded by shopping, amenities and the future Light Rail Transit, 155UpTown is an invaluable asset to the city and the ideal condominium to live in for those in pursuit of an all-inclusive lifestyle.

visit our presentAtion Centre todAy loCAted in the bAuer mArketplACe: king street & Allen street, wAterloo mon-thurs: 12-6pm sAt-sun: 12-5pm liveAt155uptown.CA 519-954-8144

26 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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ADVERTORIAL

the low down on 155uptown LIVEAT155UPTOWN.CA When MADY launched 144 Park UpTown Waterloo, the building aimed to set a new standard for luxury condominium living. The response was overwhelmingly positive, and there proved to be a larger market and demand for this type of lifestyle. Immediately MADY pursued the opportunity to develop a second condominium tower. MADY is now previewing 155UpTown. 155UpTown will be located at the corner of Caroline and Allen Street, in the very core of UpTown Waterloo. 155 is set to be a stunning new 19-storey condominium tower offering residents a diverse selection of suites close to the bustling Bauer Marketplace, Shops of UpTown Waterloo, public transit, including the Light Rail Transit system ION, restaurants, businesses, walking trails and more. The shift to an all-inclusive lifestyle is more prevalent than ever before, making 155UpTown the obvious choice for modernminded purchasers seeking the ultimate in convenience and comfort. 155UpTown offers 16 thoughtful floorplan layouts to choose from in our UpTown and Waterloo Collections. With a variety of square footages and configurations, there is a suite available for every lifestyle. Suites feature extended-height windows to illuminate your living space and offer expansive city views, which can be further appreciated from your private, ceramic tiled balcony. Included at 155UpTown is a residents’ lobby with concierge service, two guest suites, modern movie theatre, an expansive 30,000 sq. ft. 4th floor terrace with synthetic putting green. 155 also includes a complete fitness centre masterfully designed in partnership with Mark Stables of Benchmark Group and Movement Haus. The result is a purposeful physical space incorporating everything from layout, functionality, decor and professional

equipment selection. This modern concept in condominium living caters to body conscious individuals who are looking to maintain, or start a well-balanced, active, healthy lifestyle. The condo gym is no longer long lines of lonesome treadmills and piles of free-weights, rather, a compelling and professionally designed lifestyle feature enticing residents to get fit and de-stress all in a socially encouraging and positive environment.

155 has gone above and beyond to bring you the best inside and out. All tap water at 155 is treated with the industry’s finest purification system; Homespring Ultrafiltration System. This state-of-the-art purification system ensures that every tap in your suite and throughout the condominium building provides only the purest drinking water.

Better designs lead to better living. We think you will agree that 155UpTown is truly a condominium designed for living in style, comfort and in health. 155 offers you the very best in value, suite selection, interior layouts, standard finishes, location, building and neighbourhood amenities.

START LIvING AT 155UPTOWN.

27

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NOW PREVIEWING lIVEat155uPtOWN.ca 519-954-8144 1 bEd fROm $239900 1 bEd+dEN fROm $259900 2 bEd+ fROm $349900

INtROducING thE ENcORE tO 144PaRk. 155uPtOWN OffERs yOu thE bEst IN ValuE, suItE sElEctION, INtERIOR layOuts, staNdaRd fINIshEs, lOcatION, buIldING aNd NEIGhbOuRhOOd amENItIEs PREsENtatION cENtRE lOcatEd IN thE bauER maRkEtPlacE: kING stREEt & allEN stREEt, WatERlOO mON-thuRs: 12-6Pm sat-suN: 12-5Pm

28

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your landlord

Goodbye!

Say Hello to your New Home!

Victoria Common Square

BUILD YOUR DOWN PAYMENT WHILE WE BUILD YOUR HOME $495*/month will secure your suite at today’s pricing.

Queensgate even pays your closing costs up to $7,000.* By the time your condo is ready to move in to, you’ll have a deposit equaling 7%.

Nobody makes home ownership easier and more affordable! DOWNTOWN KITCHENER

189

$ From

,900

Phase I Purchasers Promotion:

$3,000 Cash Back

if you purchase before June 30, 2013. Applied to your deposit*

*Excludes TARION, legal fees, and applicable taxes. Requires an initial $2,500 deposit. Monthly payments are based on 7% down payment with initial deposit over 24 months. Prices and specifications subject to change without notice. E.&.O.E. Renderings are Artist’s concepts.

VictoriaCommon.com

•

info@victoriacommon.com

•

519-585-0500

29

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inthenews

Homebuyers line up to experience

new Fergus community Dozens of people arrived before the doors opened – some as early as 5 a.m. – eager for their first glimpse of the dynamic new Fergus community, Westminster Highlands, recently. The new Westminster Highlands Presentation Centre opened to the VIP registrants on a May Saturday morning at 10 a.m., and more than 100 prospective homeowners visited before the day was over. Westminster Highlands is the newest community designed and realized by Reid’s Heritage Homes, the award-winning homebuilder that has created sought-after communities in more than 20 Ontario towns and cities. This Fergus neighbourhood is the perfect marriage of the historic tradition of this heritage town with Reid’s Heritage Homes’ longstanding commitment to building master-planned, quality communities. Earlier in the week, a large number of community leaders, political dignitaries and members of the Reid’s Heritage Homes team gathered at Westminster Highlands for an official sod-turning at the new community. The occasion also marked the official opening of the community’s Presentation Centre, the focus of all the public attention on Saturday. “We are so pleased to be working with the residents of Fergus once again. We are overwhelmed with how welcoming they have been. So much so, that we feel at home in Fergus. And following this weekend’s success, we know the new residents of Westminster Highlands will feel right at home too,” said Blake Seeberger, senior vice-president of residential construction for Reid’s Heritage Homes. Westminster Highlands is a master-planned community, located in a picturesque town that boasts historic charm, modern amenities and many kilometres of natural beauty and hiking trails. The classic name – Westminster Highlands – reflects both the strong heritage tradition of Fergus, home to the best-known Highland Games in Canada, and also the award-winning tradition

of Reid’s Heritage Homes, whose many communities include the highly successful Westminster Woods in Guelph. Reid’s Heritage Homes is proud to announce that the Westminster tradition of quality craftsmanship continues in Fergus. In its first phase, Fergus’ Westminster Highlands offers a perfect selection of options for anyone seeking a new home: single-detached homes, bungalow townhomes and executive townhomes. This master-planned and welcoming community is the ideal answer for every lifestyle, for homeowners from all walks of life. Two dedicated sales consultants who have represented Reid’s Heritage communities previously will be the ambassadors of Westminster Highlands, so prospective homebuyers will find themselves in very good hands! Of course, Westminster Highlands homes are built in the tradition of Reid’s Heritage Homes’ LiveWise program; homes are Energy Star qualified, offering a healthy and Green home that reduces energy consumption and saves money.

30 New home & condo guide SWO | june 8 - 22, 2013

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GRAND OPENING Single Detached Homes Executive Towns | Bungalow Towns F ir s t L in e

Speak to our Sales Consultants about Grand Opening Incentives Renowned homebuilder, Reid’s Heritage Homes is proud to present their newest master planned community, Westminster Highlands, in beautiful, historic Fergus. Enjoy a home rich in character and distinctive in charm in this ideal setting. You’ll be surrounded by natural beauty, historical sites, and close to all amenities. VISIT reidsheritagehomes.com FOR PRIORITY INFORMATION ABOUT THIS EXCITING OPPORTUNITY.

St ion Un

Union St. E

. W.

Bridge St.

N

Q

Belsyde Ave.

Mill b urn Ave. Scotland St.

Mc

. Blvd en ue

TO 401

Fergus

Guelph St.

Elora St. Presentation Centre

Tower St. S.

*See Sales Representative for full offer details. Rendering is artist’s concept of the completed building and is subject to change. Specifications subject to change without notice. E. & O. E.

The Westminster Tradition Continues in Fergus...

6

PRESENTATION CENTRE HOURS: Mon. - Wed. 2 - 7pm | Sat. - Sun. 12pm - 5pm 200

100

0

200

400

600 m

1:25,000

reidsheritagehomes.com Cambridge | Collingwood | Fergus | Guelph | Kitchener | Meaford | Owen Sound | Port Elgin | Puslinch | Thornbury 31

FOR USAGE 031-Reids-Westminster Highlands 05-25-13.indd

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»» now available! Get the scoop on builders in the Southwestern Ontario area. AVAILABLE ALL YEAR ROUND! GREATER TORONTO ANNUAL AND EASTERN ONTARIO ANNUAL VIEW

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32 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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2012 ISSUES AVAILABLE NOW!

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hamilton halton niagara

New Home

watch

BUILDERS: If you would like to include your new model home or site opening, email wayne.karl@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!

preview registration augustine group St. Catharines | Port Place Construction starting soon at this waterfront condominium at Port Dalhousie in St. Catharines. portplacecondos.com carriage gate homes Ancaster | Legacy Coming soon – register now for an outstanding collection of stylish and sophisticated single-family homes nestled in an intimate enclave off of Lime Kiln Road. carriagegatehomes.com dawn victoria homes Ancaster | Evergreens on Southcote Pre-construction pricing ends soon for these custom bungalow, bungaloft and two-storey home designs on 42- and 50-ft. lots. dawnvictoriahomes.com cambridge homes Beamsville | Brownstones at the Vineyards Pre-register for Phase 2 of Brownstones – two-storey towns near the wineries of Beamsville Bench. golfiteam.com rosehaven homes Ancaster | Tiffany Hill Coming fall 2013 – Phase 2 release of towns, 36-, 40- and 45-ft. lots from the $400’s. rosehavenhomes.com rosehaven homes/ homes by desantis Stoney Creek | On the Ridge Coming fall 2013 – towns, semis, 35- and 40-ft. lots from the mid $200’s. liveontheridge.ca ljm developments Burlington | Appleby Gardens Now selling – pre-construction pricing on condos starting from $229,000. applebygardens.ca branthaven homes Grimsby | Bravo-by-the-Lake Coming soon – affordable lakeside condos from the $170’s. branthaven.com

Ancaster Beamsville Binbrook Brant Brantford Burlington Catharines Grimsby Hamilton Milton

ADI Development Oakville | Link Condos + Towns Register now for this modern condo community on Dundas at Sutton, adjacent to Bronte Provincial Park. adidevelopments.com forest park homes Fonthill | The Village Landing Pre-register for Fonthill’s newest community – single-family homes and village homes. thevillagelanding.com

new openings losani homes Lower Stoney Creek | Orchard Park Fully decorated model home now open; various lots, pricing and floorplans available. losanihomes.com spallacci homes Hamilton | Eden Park Grand Opening of Chateau-inspired semis collection. spallaccihomes.com

Niagara Oakville Paris Port Dover St. Catharines Stoney Creek Vineland

mountainview homes Fonthill | The Residences at Lookout Second phase now open – new bungalow collection on 50-ft. lots. mountainview.com bucci homes Grimsby | Bliss Two-storey freehold executive towns located near 50 Point Conservation Area, priced from the mid $260’s. buccihomes.com Augustine Group Stoney Creek | Treviso Select suites still available at this condominium in downtown Stoney Creek – including corner units and penthouses. trevisostoneycreek.ca

new releases empire communities Stoney Creek | Victory New release of two-storey townhomes from $269,990. victoryempire.com

branthaven homes Binbrook | Celebration Grand opening of this two-storey townhome collection in Binbrook’s only forest-edged lots. branthaven.com

Rosehaven homes Chippawa | Lyon’s Creek Coming soon – model homes plus new release of 50-ft. detached lots. rosehavenhomes.com

mountainview homes Welland | Harvest Estates New model home grand opening at this community of single-detached homes. mountainview.com

Rosehaven homes Thorold | Gibson Heights Coming soon – new release of towns and model homes. rosehavenhomes.com

homes by desantis Niagara Falls | Lyon’s Creek Summer closings are available in this community of detached two-storey homes, as well as bungalows and bungalofts. homesbydesantis.com

spallacci homes Hamilton | Eden Park Phase 4 release of exceptional 32and 40-ft. lots. spallaccihomes.com

phelps homes Grimsby | The Bedford Collection Model home now open at this private enclave of 28 bungalows a short walk from downtown Grimsby. bedfordcollection.ca

Mattamy homes Oakville | The Preserve Now open – a new release of village homes and 34-, 38- and 45-ft. detached homes. mattamyhomes.com CountryGreen homes Waterdown | The Uptowns of Waterdown New release of urban style towns from the mid $200’s. countrygreenhomes.com

june 8 - 22, 2013 | New home & condo guide SWO 33

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Paris

Port Dover

Binbrook

Grimsby

Georgetown

Caledon

Smithville

Oakville, Burlington, Hamilton, Ancaster, Paris, Brantford, Stoney Creek, Vineland, Lincoln, Thorold, Fonthill, Niagara, Niagara-on-the-Lake, Fort Erie

Halton / Hamilton / Wentworth / Niagara:

Thorold

Welland

Fonthill

Ridgeway

Stevensville

Chippawa

Fort Erie


Prices

Ancaster

dawn victoria Homes

Evergreens on Southcote

•

•

from low $400's

51

Ancaster

Rosehaven Homes

Tiffany Hill

•

from $480's

38

Ancaster

winzen

The Kensington

•

from low $200's

58

Beamsville

Homes By DeSantis

Lincoln Square

•

•

from $249,900

11

Beamsville

cambridge homes

Brownstones at the Vineyards

•

from $271,900

59

Binbrook

branthaven homes

Celebration

•

from $246,990

13

Brantford

Empire communities

Wyndfield

•

•

from $191,990

2&3

Burlington

tobyn park homes

ParkCity

•

from the $180's

55

Burlington

LJM Developments

Appleby Gardens

•

from $229,000

42

Caledon

monarch

The Village of SouthFields

•

•

from high $300's 44&45

Chippawa

Rosehaven homes

Lyon's Creek

•

•

from low $300's

38

Fonthill

MOUNTAINVIEW Homes

The Residences at Lookout

•

from $321,900

9

Fort Erie

park lane home builders Garrison Village

•

•

from the $250's

54

Georgetown

menkes

The Enclaves of Upper Canada

•

•

from low $400's

37

Grimsby

Branthaven homes

Bravo! By the Lake

•

from $219,990

12

Grimsby

Bucci homes

Bliss

•

from mid $260's

50

Hamilton

empire communities

Summerlea

Hamilton

new horizon

City Square

Hamilton

spallacci

Eden Park

•

Hamilton

winzen

Stoneridge

•

Niagara

MOUNTAINVIEW Homes

Thundering Waters

Niagara

park lane home builders North Ridge Meadows

Niagara, Fonthill

forest park homes

•

Page

•

from $246,990

2&3

•

from $202,990

39

from mid $300's

61

from the $300's

58

•

from high $200's

9

•

•

from the $250's

54

The Village Landing

•

•

from $249,900

53

Niagara on the Lake BW Homes

Niagara on the Green

•

Oakville

MENKES

Millstone

Port Dalhousie

AUGUSTINE GROUP CORP.

Port Place

St. Catharines

BW HOMES

Victoria Village

St. Catharines

MOUNTAINVIEW Homes

Generations

Stevensville

park lane home builders Village Creek

Stoney Creek

•

•

•

from $200's

5

•

from $309,990

36

•

from $297,990

47

•

from $289,900

4

•

from $272,900

9

•

•

from the $250's

54

AUGUSTINE GROUP CORP.

Treviso

•

from $249,900

43

Stoney Creek

empire communities

Victory

•

•

from $274,990

2&3

Stoney Creek

rosehaven

On The Ridge

•

•

Thorold

great gulf

Thorold Rolling Meadows

•

from $307,990

Thorold

Rosehaven homes

Gibson Heights

•

•

from $240,000's

38

Waterdown

Country Green Homes

The Uptowns of Waterdown

•

from mid $200's

7

38 78&79

Oakville, Burlington, Hamilton, Ancaster, Paris, Brantford, Stoney Creek, Vineland, Lincoln, Thorold, Fonthill, Niagara, Niagara-on-the-Lake, Fort Erie

De t. Se m Bu i ng To alo wn w h Ad ome u l /C t L on ife do sty le

Builders SiteS

Halton / Hamilton / Wentworth / Niagara:

Port Dover

Location

35

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JUNE 8 - 22, 2013 | NEW HOME & CONDO GUIDE SWO 37

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current communities Chippawa/Niagara 50’ Singles & 35’ WIDE Bungalow Loft Townes from the low $300’s Lyon’s Creek Blvd. & Sodom Rd. JUNE 1st - NEW RELEASE OF 50’ DETACHED LOTS

Thorold 45’, 40’, 36’ Singles, Semis, Attached Singles & Towns from the $240’s Move in this Summer on Select Towns & Attached Singles Richmond St. & Winterberry Blvd. 8 MODELS OPEN

coming soon SToNey Creek 40’ & 35’ Singles and Semis Mud St. & Upper Centennial Pkwy. COMiNg EARLy 2014 Register at LiveontheRidge.ca

aNCaSTer - phaSe ii 45’ & 36’ Singles and Freehold Towns Garner Rd. E & Raymond Rd. COMiNg FALL 2013 Register at Tiffanyhill.ca

Also building communities in Waterdown, Oakville, Brampton, Kleinburg & Nobleton.

Call our hotline or visit us online for complete directions, hours, community information for all our projects:

rosehavenhomes.com (1-888 / 416) 410-0175

Prices and specifications correct at press time. E. & O.E. Prices quoted are in $ thousands. 38 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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City Square_NHC_June7_F.pdf

1

2013-06-04

2:31 PM

ENJOY URBAN CONDO LIVING now IN HAMILTON’S DURAND DISTRICT FROM $202,990

city square Tower ONE & TWO

CITY SQUARE TOWER 1

CITY SQUARE TOWER 2

SUITE #

NAME

SQ.FT.

BALCONY SQ.FT.

201

THE ROBINSON

659

96

SOLD

301

THE ROBINSON

659

96

411

THE BOLD

959

706

THE DURAND

LPH 1

SQ.FT.

201

THE MARKET

705

57

SOLD

$256,990

407

THE HISTORIC

555

69

SOLD

97

$326,990

610

THE CAFES

750

57

$283,990

675

72

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703

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640

54

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LOWER PH 1

1386

96

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807

THE HISTORIC

555

69

$220,990

LPH 2

LOWER PH 2

1432

157

$589,990

903

THE BOUTIQUES

640

54

SOLD

LPH 6

LOWER PH 6

1432

157

SOLD

1006

THE CULTURE

675

71

$275,990

PH 1

PENTHOUSE 1

1750

817

$899,990

1007

THE HISTORIC

555

69

$228,990

PH 3

PENTHOUSE 3

968

72

SOLD

1008

THE ART

480

54

$206,990

80SO% LD

SUITE #

BALCONY PRICE SQ.FT.

NAME

OVER

PRICE

TOWER 1 - MOVE IN SPRING 2013! CITY SQUARE LIVING INCLUDES: • free 42” lcd tv • PANORAMIC VIEWS • LOW CONDO FEES • 5 Free appliances • 1 Year free cable tv, internet, phone • IN-SUIte laundry, storage locker • cost-saving geo-thermal unit • gym, party & theatre ROOM • private Terraces & courtyard bbq • Autoshare & BIKESHARE PROGRAMS

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SALES CENTRE at 85 Robinson St. Hours: Sat-Sun 12-5 pm, Mon-Thurs 3-7 pm, Fri by appointment 289.389.1734 ALL RENDERINGS ARE ARTIST’S CONCEPT. PRICES, SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E.

6/6/13 11:34:38 AM


communityfocus

Building a legacy:

LJM Developments

sets its sites on Burlington

location Burlington housing type One- and two-bedroom condo suites and penthouses from $229,000 sales centre 5001 Corporate Dr., corner of Appleby Line and Corporate Drive contact info@ljmdevelopments.ca applebygardens.ca

I

t’s a humid May morning and Liaquat J. Mian, president, LJM Developments, is hard at work in the Burlington sales office of Appleby Gardens, phone in hand, juggling details on four construction projects happening at the same time. It’s clear from his passion that this one – Appleby Gardens, a total of 61 condominiums units on seven floors – is a source of pride. As construction outside his office window is in full swing, he is already thinking ahead to the time this summer when the first resident moves in. “For me, it’s a great momentous occasion,” he says. “Every one is happy when that day comes. I always look forward to that time.” Mian has spent a decade developing state-of-the-art buildings, from Mississauga to Burlington. Completing them can take three years up to six or seven. Still, the thrill has not diminished when homeowners settle in, restaurants and shops open, and the site become places where people live, dine, shop and enjoy life. When LJM Developments first began, its mission was clear and precise: To create outstanding and high quality residential and commercial buildings.

40 New home & condo guide SWO | june 8 - 22, 2013

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LJM Developments

Appleby Gardens

The Mians have used their own experiences with building their own house to craft spaces for others that truly work – whether it’s the precise location of the kitchen island to the configuration of closet space. Mian explains that it’s important that LJM projects leave a lasting positive impact. “I’m hoping our legacy will be that we built beautiful buildings that enriched the lives and communities we worked with,” he says. Appleby Gardens (at Appleby Line and Corporate Drive) is poised to fulfill all those wishes. The development personifies modern living with a contemporary design that is in the heart of Burlington. Residents can leave their cars in the garage and walk to restaurants, athletic facilities and shops. A short drive away is the essentials – quick access to the QEW, Burlington GO station and grocery stores, schools and even walking trails and green spaces. Visitors to the sales office are pleasantly surprised by the standard features of the units (available as one bedroom, two bedrooms and penthouse versions). Granite kitchen counters? Check. Marble bathroom counters? Check. Luxurious hardwood floors? Check. And a nice bonus – six months of free internet and phone service.

LJM’s attention to detail is impressive – something potential residents and investors appreciate. They have Mian and his design team – and his wife, Mussarat Mian (also vice-president of LJM Developments) – to thank. The Mians have used their own experiences with building their own house to craft spaces for others that truly work – whether it’s the precise location of the kitchen island to the configuration of closet space. It underscores their belief in superior quality and thoughtful, contemporary design – something he knows Burlington will appreciate. Mian, a former chartered accountant, has been impressed by the city to date. “It has been extremely supportive of what we are trying to do. It’s a wonderful place to do business and I can see myself living here one day.” For a developer who could live virtually anywhere and looked at properties all over Ontario, that’s high praise indeed. In the future, LJM also has high hopes for its other projects in southern area of the province with developments coming to Grimsby (late 2013) and communities en route to Niagara Falls. june 8 - 22, 2013 | New home & condo guide SWO 41

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A Fresh Take on Condo Living

NOW SELLING - ONLY 10 UNITS LEFT Pre-construction prices starting from $229,000* Price is to increase by July 1

INCENTIVES Stainless steel appliances Marble countertop in washrooms Granite countertops in kitchen Engineered hardwood floors Low-E, energy efficient windows

Professionally equipped exercise room Maintenance fees: Approximately 34 cents per sq. ft.* Offering thousands of dollars in upgrades 6 months free internet BURLINGTON UPPER MIDDLE RD

MAINWAY

BURLOAK DR

APPLEBY LINE

CORPORATE DR

CORPORATE DR

QEW

visit applebygardens.ca Office 905-335-0038

Sales 647-293-0277

5001 Corporate Drive, Burlington ON L7L 7L6 42

042-Appleby Gardens 06-08-13.indd 42

*Prices can change without notice.

6/5/13 1:11:16 PM


TREVISO Condominiums

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QEW

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Barton St. E. Green Rd.

PRESENTATION CENTRE 319 Hwy #8 (Across from St. Francis Church) Open Saturday and Sunday 12-5pm

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43

13-05-08 3:57 PM 6/5/13 1:11:20 PM


THE VILLAGE OF SOUTHFIELDS. AN ESTABLISHED COMMUNITY. AN EXCEPTIONAL OFFERING. 43' Singles and Two-Storey Towns Discover an established masterplanned community in the heart of Caledon. Come home to The Village of SouthFields. Innovative floorplan designs include expansive 43’ Singles and open-concept plans with lofts. Experience Caledon’s community, where charming family homes are delicately woven into an awe-inspiring fabric of neighbourhood parks, schools, protected parkland, trail systems and liberating greenspace corridors. 5 MODEL HOMES TO VIEW Like us on:

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MONARCHGROUP.NET 44

Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Square footage includes finished space in lower level. E.&O.E. June 2013. 21527.

MONH 21527 SF CAL NH&C SWO June 13.indd All Pages 044-045-Monarch Homes 06-08-13.indd 44

6/6/13 10:11:48 AM


It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.

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• Plans range from 2,260 to 3,971 sq. ft. • From the high $500,000’s

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• Up to 2,010* sq. ft. • From the high $300,000’s

june 8 - 22, 2013 | New home & condo guide SWO 45

13-06-05 3:20 PM 044-045-Monarch Homes 06-08-13.indd 45

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Spring Edition Available Now!

ONTARIO’S

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GUIDE

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COMMUNITIES F R EE SP R I NG 2013

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46 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

046-Lifestyle Promo 2013.indd 46

6/6/13 10:07:47 AM


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13-05-21 10:38 AM

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6/5/13 1:11:24 PM


communityfocus

Life is Bliss at Bucci’s new lakeside community

location Grimsby housing type Executive townhomes of 1,600 sq. ft. sales centre Lake Street, off Bartlett, open 2 to 7 p.m. Monday to Thursday, and weekends from noon to 6 p.m. contact Kathie Pillar 905.945.1656 buccihomes@bellnet.ca buccihomes.com

A

private setting, close to the lake, low maintenance and all the features of a Bucci-built home – this truly is Bliss for those with a penchant for placing lifestyle first and foremost. Bliss, executive lakeside towns, is Bucci Homes’ newest townhome community in the Niagara region. Nestled within an established neighbourhood, these two-storey freehold townhomes offer Craftsmanstyled exteriors, an attractive prelude to the open-concept design you’ll discover inside. This enclave of 56 beautifully designed and constructed homes is located in the picturesque Town of Grimsby. Enjoy Bliss by the lake from one of the most renowned, respected and trusted names in the homebuilding industry. With your new home at Bliss, you are just a five-minute walk to Lake Ontario and just minutes from Fifty Point Marina. In mere moments you can reach Niagara wine country and the Bruce Trail that links to other trails. With the QEW close by, Bliss is a commuter’s dream while also making it a breeze to reach the Canada- U.S. border. There are also plans for a future GO Station. Model homes of The Jordan and The Jamison, both of about 1,600 sq. ft., are under construction within the first block of homes. When finished, these models will showcase Bucci style with a blissful blend of standard

48 New home & condo guide SWO | june 8 - 22, 2013

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Bucci Homes

Bliss

Enjoy Bliss by the lake from one of the most renowned, respected and trusted names in the homebuilding industry. features and inspiring upgrades. All plans feature contemporary designs, three bedrooms, walk-in closets and plenty of storage. Comfort features include central air and nine-ft. main floor ceilings. Gourmet kitchens are outfitted with finely crafted cabinetry complete with extra height uppers. A three-piece rough-in is found in the basement to conveniently add an additional bathroom in the future. Finishes are of the highest quality with details that include brushed chrome lever style handles on two-panel flat interior doors, complete with a matching set at the front entrance. All units come with main or second floor laundry with upper cabinets above the washer/dryer making it easy to stay organized. The Jamison offers a main floor laundry with a Great Room that opens into the kitchen with breakfast bar. Three options are available for this plan, with two offering walk-in closets for each bedroom and a shared bath. The model will showcase the luxury of an ensuite bath for the master and a shared bath for the other bedrooms. The Jordan offers a different twist with a Great Room that extends across the back of the home to take advantage of the full width of the space. It easily embraces the kitchen and breakfast area to offer expansive living space. Upstairs, the master suite mirrors the Great Room below with three optional layouts, all including a second-level laundry. Right now, Bucci Homes is offering buyers a special pre-construction bonus package of $5,000 in Builder’s Design Dollars to decorate your Bliss home to suit your style and needs, as well as a $2,000 appliance credit. Like all its projects, Bucci Homes maintains its commitment to excellence by providing innovative designs that address customers’ needs. The quality of their construction reflects the care and concern they have for long-term customer satisfaction. Visit Bliss and experience a Bucci home with all its finishes and features. The sales centre, located on Lake Street, off Bartlett, is open 2 to 7 p.m. Monday to Thursday, and weekends from noon to 6 p.m. For more information, contact Kathie Pillar at 905.945.1656 or buccihomes@bellnet.ca or visit buccihomes.com june 8 - 22, 2013 | New home & condo guide SWO 49

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SALES CENTER NOW OPEN IN GRIMSBY

E X E C U T I V E L A K E S I D E TOW N S

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260’S

$

Up to 1,615 sq ft.

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To Toronto

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050-Bucci-Bliss 04-13-13.indd 50

Kathie Pillar, Sales Representative buccihomes@bellnet.ca • www.buccihomes.com Toll Free: 1-800-290-0163 • Site: 905-332-1656

SALE OFFICE HOURS Mon. – Thur. 2-7pm Friday by appointment Sat. & Sun. 12-6pm

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6/5/13 1:11:51 PM


Where style meets function. COME TOUR OUR 2 NEWLY DECORATED MODEL HOMES. NOW OPEN. Custom bungalow, bungaloft and 2-storey home designs on 42’ & 50’ lots. Fifty-seven homes are only minutes from olde Ancaster and its shops and boutiques, while new adventures in the city or country await. Designed for you, your family, your life – everything you’ll ever need.

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DAWNVICTORIAHOMES.COM june 8 - 22, 2013 | New home & condo guide SWO 51

051-Dawn Victoria 05-11-13.indd 51

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inthenews

Bank of Canada

MAINTAINS OVERNIGHT RATE TARGET AT ONE PER CENT THE BANK OF CANADA RECENTLY ANNOUNCED THAT IT IS

maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1.25 per cent and the deposit rate is 0.75 per cent. Global economic growth has evolved largely as anticipated in the Bank’s April Monetary Policy Report (MPR). In the United States, the economic expansion is progressing at a modest pace, with continued strengthening in private demand partly offset by fiscal consolidation. Japan’s economy is beginning to respond to significant policy stimulus. Europe, in contrast, Experience the Quality and Value of ahasParkLane Home! remains in recession. Growth in China continued to ease from very strong rates, weighing somewhat on global commodity prices. The Bank 3244 Charleston - Ridgeway continues to expect global economic activity to Dr. grow modestly in 2013 Off Barrington or Dominion take QEW exit at before strengthening over the following two years. Sodom Road - take Rt. 116 to Ridgeway. In Canada, recent economic indicators suggest that growth in the first OPEN HOUSE quarter was stronger than the Bank projected in April. 1For the year as a SATURDAY & SUNDAY - 5pm whole, growth is expected to remain broadly in line with the Bank’s MPR forecast. Over the projection horizon, consumer spending is expected to grow at a moderate pace, business investment to grow solidly, and residential Visit our remarkable 1485 sq. ft. bungalow in beautiful Ridgeway; investment to decline further from historically high levels. Growth in total a quiet, peaceful community in Niagara. This home has 3 bedrooms, 3 bathrooms, a household credit is slowing and the Bank continues to expect that the

Niagara’s Best Value only $287,000.

2-way gas fireplace, plus a finished family room in the lower level.

household debt-to-income ratio will stabilize near current levels. Exports are projected to continue to recover, but to be restrained by subdued foreign demand and ongoing competitiveness challenges, including the persistent strength of the Canadian dollar. Core inflation is in line with the April MPR projection, while total CPI inflation has been slightly weaker. Both total and core inflation are expected to remain subdued in coming quarters before gradually rising to two per cent by mid-2015 as the economy returns to full capacity and inflation expectations remain well-anchored. Reflecting all of these factors, the Bank has decided to maintain the target for the overnight rate at one per cent. With continued slack in the Canadian economy, the muted outlook for inflation, and the constructive evolution of imbalances in the household sector, the considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required, consistent with achieving the two per cent inflation target.

Call Ed at 905.651.8857 to view this home today!

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54 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

054 HALF PAGE BoC rate _VB-WK.indd 54

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ParkCity_IDEAL_Home_NHC_May21_F.pdf

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2013-05-22

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6/6/13 11:34:42 AM


HHHBAreport

Mathieu Langelier is Executive Officer of the HHHBA. He can be reached at mathieu@hhhba.ca or 905.575.3344.

METROLINX TARGETS

new-home buyers by MATHIEU LANGELIER

THE METROLINX BIG MOVE INVESTMENT STRATEGY WAS

recently announced, and the Hamilton-Halton Home Builders’ Association is alarmed to see a disproportionate amount of the funds coming from new-home buyers. T he proposed revenue tools, which include increasing Development Charges and an additional one per cent added to the HST, will erode affordability of new homes in the Hamilton region. While the HHHBA supports t h e Bi g Mo v e pl a n a nd understands the need for a funding strategy, the association does not believe new-home buyers should be unjustly targeted. In order to reach its $2-billion objective, Metrolinx intends to use new revenue tools that would equate to an “average cost of $477 per Ontario household.” However, the Metrolinx numbers don’t add up. Today, the average cost of DC’s for a single-detached house in Hamilton is $28,445. Raise DC’s by the proposed 15 per cent and you’ve increased the cost of a home by $4,266. Additionally, with the average new home in Hamilton priced at around $500,000, a one per cent increase to the HST would cost a new-home buyer an additional $5,000. The total impact of the Metrolinx funding strategy

would mean more than $9,000 per newhome buyer in Hamilton. That is a far stretch from the $477 estimate made by Metrolinx – 20 times the amount, actually. Increasing DCs for the GTHA would not only increase the price of properties in Hamilton, but it would also encourage purchasers to go outside the metropolitan area to save this fee. The result would be a reduction in the use of public transit and increased urban sprawl. This is a clear contradiction to the fundamental ideas behind the Big Move plan, which were to increase the usage and development of public transit and reduce gridlock caused by sprawl. Although the Big Move plan is necessary to relieve congestion, the current funding strategy places an unacceptable burden on the back of new-home buyers. T he f inancial impact of increasing the HST by one per cent equates to $240 million per year on the back on newhome buyers. Now, add the extra $100 million f rom increased DCs, according to the Metrolinx forecast, and you have new-home buyers paying roughly $340 million, or 17 per cent, of the $2 billion yearly target. In Ontario every year, roughly one per cent of the population buys a new property. This means that Metrolinx plans to generate 17 per cent of the funding from one per cent of the population. This illustrates that the Big Move plan will be financed disproportionately by new-home buyers – and that is simply unacceptable.

The government of Ontario recently released the 2013 budget, revealing some interesting numbers for surrounding municipalities, especially regarding transportation.

56 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

056 HHHBA Report - Mathieu Langelier_VB-WK.indd 56

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inthenews

METROLINX INVESTMENT STRATEGY MAKES TRANSIT-ORIENTED COMMUNITIES LESS AFFORDABLE:

Home building industry THE ONTARIO HOME BUILDERS’ buyer, the Metrolinx Investment Strategy could add up Association (OHBA) and the Building to $8,000 in charges – “a cost that is disproportionate Industry and Land Development Asso- to the $477 being projected by Metrolinx.” ciation (BILD) report that they are disap“New-home buyers and new businesses are already pointed that the Metrolinx Big Move doing their fair share,” adds Bryan Tuckey, president and Investment Strategy will burden new- CEO of BILD. “We estimate new-home buyers and new home buyers and new employers with businesses paid more than $1 billion in development additional charges. charges to municipalities in 2012 alone for the construcThe proposed revenue tools, which tion of growth-related infrastructure in the GTA.” include an increase to development Advocating on behalf of new-home buyers and busicharges and an additional new one per ness, the associations want the public to know that the cent HST, will erode affordability of new report doesn’t recognize the impact of the proposed tools homes and new employment centres (including development charges, new HST, parking levies across the Greater Toronto and Hamilton and land value capture) on new-home purchasers and Area, the groups say. new business owners. The province has created a growth “This Investment Strategy adds a host plan, Places to Grow and a regional transportation plan, of new fees and charges that will end up the Big Move, to promote transit-oriented communities, making transit-oriented communities less fight sprawl and congestion. BILD and OHBA believe affordable,” says Joe Vaccaro, COO of the proposed new revenue tools today are counter-intuOHBA. For example, for a new condo itive to the goals of both plans.

60 NEW HOME & CONDO GUIDE SWO | JUNE 8 - 22, 2013

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Spallacci_EdenPark_NHC_may30_F.pdf

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62 New home & condo guide SWO | june 8 - 22, 2013

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cityfocus

Woodstock Taking root for a healthy future by WAYNE KARL

I

f you haven’t been to Woodstock recently, you’re in for a bit of a surprise. This self-proclaimed Dairy Capital of Canada, located along Hwy. 401 between Kitchener-Waterloo and London, still holds to its roots in agriculture and manufacturing, but like any forwardthinking municipality, it also knows the importance of modernizing for future economic growth. Take a trip through downtown Woodstock and you’ll see gorgeous treelined streets, century-old Victorian homes, abundant parkland, friendly citizens – and even an immortalized Holstein. But more on that later. The town’s history is not only preserved in its museum and county courthouse, it is the only municipality in Ontario to still have all of its original public buildings. Combine that with modern amenities such as schools, medical facilities, recreational centres and plenty of greenspace, and you’ll understand why Woodstock is also a town with a bright future. With a population of about 36,000, Woodstock is the largest municipality in Oxford County in Southwestern Ontario, about 122 kilometres southwest of Toronto, just north off Hwy. 401 along the historic Thames River. The community was first settled in 1800 after Sir John Graves Simcoe, governor of what was then known as Upper Canada, determined the area would make a good townsite. Early settlers were American immigrants from New York state and then from Britain in the 1820s. In 1902, Woodstock petitioned the provincial legislature to be incorporated as the City of Woodstock. Downtown Woodstock houses the city’s banks, administration buildings, retailers and several restaurants – with the majority of buildings a century old. With free two-hour downtown parking, locals appreciate it’s a great place to shop, work, play and dine. In the 1990s, the city undertook

an extensive makeover of the main street, adding gardens and cobbled sidewalks, which now host numerous retail promotions and entertainment in the summer.

CULTURE Woodstock doesn’t come alive only in summer, however. Several popular attractions are held throughout the year, including the Canadian Farm Show in September and the Woodstock Wood Show in October – both a nod to the city’s roots in agriculture. Then there’s the Woodstock Fair held at the end of August at the fairgrounds, which comprises a midway, contests, concerts and other events. For entertainment of a different variety, Woodstock is also home to OLG Slots, a harness race track and the seven-screen movie theatre, Gallerie Cinemas. For parklands, Southside Park offers everything from a playground to baseball diamonds and soccer fields, along with a network of walking trails. At the North End of the city is Roth Park, stretching along the Gordon Pittock Reservoir, which also boasts a playground and several kilometres of walking, running and biking trails. Woodstock has two ice rinks, two at the

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Community Complex at the south end of the city, and one at the fairgrounds in the central region. Woodstock Soccer Club has an indoor and outdoor soccer park at the north end. For the aquatically inclined, there are two indoor swimming pools – Southside Aquatic Centre and the YMCA – and the outdoor Lions Pool.

EDUCATION Schools are an important part of any community, and Woodstock has five high schools, including one catholic and one French: Woodstock Collegiate Institute, Huron park Secondary School, College Avenue Secondary School, St. Mary’s Secondary School (catholic) and Ecole Secondaire Ste-Marie (French catholic). Fanshawe College also operates a campus at the south end of the city, and plans to expand to almost double its current size.

ECONOMY Given Woodstock’s proximity to the U.S. border in Detroit, it shouldn’t come as any surprise that its economy relies on the automotive industry. In June 2005, Toyota announced plans to build a new $1.1-billion plant on a 1,000-acre undeveloped site in the northeast end of the city – the first new auto assembly plant to be built in Canada in two decades. Initially, it was to employ 2,000 people and begin full production of the Toyota RAV4 SUV in November 2008, with a capacity of 150,000 vehicles per year. Today, Toyota’s plants in Woodstock and down the 401 east at Cambridge employ about 6,500 people. Other auto companies are also important to the local economy. Hino Motors Canada Ltd., a Toyota Motor Co. subsidiary, operates a truck plant at the former General Seating plant in the Pattullo Ridge Business Park near Hwys. 401 and 59. General Motors operates its National Parts Distribution Warehouse, the largest of its kind in Canada, and there are a number of other parts suppliers active in the area.

DIVERSIFICATION Realizing that a diversified economy is important to stability, growth and protection from the vacillations of any one industry, manufacturers recently announced participation in the local Interactive Manufacturing Innovation Network (iMiN), part of the Excellence in Manufacturing Consortium (EMC). The Oxford Region iMiN that will involve Woodstock is designed to be a fully meshed network of manufacturers, industry sectors, community partners, academic institutions and other stakeholders, which will grow to become a province-wide series of manufacturing networks that facilitates and promotes awareness, excellence and innovation.

TRANSPORTATION As with any growing community, Woodstock is also paying attention to improving transportation in the area through a Transportation Master Plan (TMP), under the Municipal Class Environmental Assessment process. The objective of the TMP is to develop a comprehensive plan that will: » Review existing transportation and traffic operations and downtown parking facilities » Review future transportation system improvements to accommodate urban growth in the city, and » Develop an implementation strategy to satisfy short-term and longer-term transportation needs.

INTERESTING FACTS

> Woodstock is home of the Springbank Snow Countess – a Holstein cow that set a world record lifetime butterfat production of 9,062 pounds. The Countess is forever commemorated by a life-sized statue located downtown at the corner of Dundas and Springbank. > In 2008, the City of Woodstock enacted a comprehensive outdoor smoking bylaw that restricted or banned smoking in parks, recreational fields, transit environments, downtown patios and doorways. A study conducted by the University of Waterloo showed the policy was effective at reducing smoking in regulated environments, helping some smokers to cut back and supporting smoking cessation. HOUSING It should come as no surprise that there’s growing demand for new home developments. Several builders are active with new projects in the area: Van El Condominiums, with its Parrott’s Landing luxury condominium bungalow towns; Claysam Homes, with two single-family home communities – The Woods of Sally Creek and The Neighbourhoods of Devonshire, as well as an adult lifestyle community called The Villages of Sally Creek; and Geranium Homes with the Village at Sally Creek.

Woodstock at a glance POPULATION

Approximately 36,000 MAJOR EMPLOYERS

Automotive, parts suppliers, heavy equipment AVERAGE HOME PRICE, FEBRUARY 2013

$224,780

AVERAGE HOME PRICE, FEBRUARY 2012

$209,722

DISTANCE FROM TORONTO

122 kilometres

SOURCE Canadian Real Estate Association; City of Woodstock. Photos: City of Woodstock

JUNE 8 - 22, 2013 | NEW HOME & CONDO GUIDE SWO 67

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june 8 - 22, 2013 | New home & condo guide SWO 69

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ONTARIO’S MOST-READ NEW HOMES GROUP June 8 - 22, 2013 Volume 21 Issue 12

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cALcuLAte YouR mortGaGe Payments Interest rate

amortIZatIon PerIod

cHart fIGure

eXAmPLe: 5%

25 YeARs

5.82

mortGaGe amount ÷ 1,000 (MORTGAGE AMOUNT $125,000)

125

montHly Payment

$

follow tHese stePs to see If you’ll QualIfy for a mortGaGe on YouR dReAm home

01

05

Calculate the combined monthly before-tax income of you and your spouse.

Multiply this figure by the amount you need to borrow. Divide by 1,000.

02

06

Divide by three. This figure is the monthly payment you can afford to make on your home.

Add to this your estimated monthly heating costs and monthly property taxes.

03

07

Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

04

Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home. Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

72 new home & condo guide swo | june 8 - 22, 2013

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moRtgAge PAYment calculatIon cHart %

amortIZatIon PerIods

inteRest RAtes

10 YeARs

15 YeARs

20 YeARs

25 YeARs

30 YeARs

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

10.11

7.38

6.04

5.26

4.76

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

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10.46

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6.44

5.67

5.19

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10.58

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6.57

5.82

5.34

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10.70

8.01

6.74

5.96

5.49

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10.82

8.14

6.85

6.10

5.64

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10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

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11.31

8.66

7.41

6.70

6.26

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11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 june 8 - 22, 2013 | new home & condo guide swo 73

069_072-074 Homebuyers Resource.indd 73

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Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.6

4 6.30op

3.1 6.30op

3.14 3.55 4.39 6.50op

3.04

Alterna Svgs/Alterna Bk 2.85

4 6.30op

3.05 3.09 3.09 2.99 6.30op

3.09

Bank of Montreal 3.1

4 6.30op

3 3.04 3.55 4.54 6.30op

3.09

Bank of Nova Scotia 3

4.55 6.45op

3.75 2.69 3.99 2.89 6.50op

4.99

Canadian Western Bank

4 6.45op

3 3.04 3.55 4.54 6.30op

5.14

CIBC 3.2 6.70op

3 3.14 3.55 2.99 6.35op

5.14

HSBC Bank Canada 3

2.7 3.95 2.98 4.99 6.35op

3.4

3.15

3.65

3.64

3.69

3.44

3

3

2.79

2.99

3.08

3.09 3.14 3.55 4.54 6.30op

5.14

3 3.05 3.1 3.1 4.00op

3.09

ICICI Bank Canada ING Direct

4.45 6.20op

3.05 3

Laurentian Bank n/a

4.4 6.70op

Manulife Bank 3 4.45 MonCana Bank

2.84

2.94

3.04

National Bank n/a

3.1 3.14 3.55 4.54 6.30op

3.39

Presidentâ&#x20AC;&#x2122;s Choice Finan

4.4 6.70op

3.2

2.84

3.33

3.39

3 3.04 3.55 4.54 6.30op

5.14

TD Canada Trust 3.2

3 6.30op

2.99

5.14

TRUST COMPANIES AGF Trust

n/a

2.99

3.1

3.5

3.64

3.04

Community Trust

n/a

6.5

3

3.04

3.55

4.54

Effort Trust n/a

4.45 6.30op

3.25 3.6 3.9 4.5 6.30op

4.95

Home Trust Company

Royal Bank 3

3.2

4 6.30op

3.15

2.84

3.04

2.69

3.19

3.55

3.49

2.74

2.94

2.99

Investors Group Trust n/a

4 6.50op

3 3.14 3.55 4.54 6.30op

5.14

MTCC 3

4.55 6.45op

3.75 6.50op

2.89

4.99

Airline Financial C.U. 4

2.99 3.25 3.29 3.09 6.25op

3.49

Comtech Credit Union 2.79

6.6 8.40op

2.99 3.25 3.29 3.19 9.00op

3.09

First National Fin. LP

3.95

2.69

2.79

5.14

3.99

OTHER FINANCIAL INSTITUTIONS

2.99

2.99

FirstOntario C.U. 2.79 6.34op

2.99 3.14 3.19 3.24 6.34op

2.89

London Life n/a

3 3.14 3.55 4.54 6.30op

5.14

Luminus Financial 2.95

3.1 3.95

2.95

3.05

MCAP 2.7

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.85 4.45

3.1 3.14 3.7 2.98 6.30op

3.19 3.25

4 6.50op

2.74

2.69

3 6.50op

2.79

2.75 6.30op

Parama Credit Union

2.9

3

3

3.15

3.25

Steinbach Credit Union

2.5

2.5

2.6

2.7

2.8

3

2.99 6.50op

3.04

2.79

3.89

3.19

Teachers Credit Union 4

4.45 6.30op

Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE June 4, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700

74 New home & condo guide SWO | june 8 - 22, 2013

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hotdates

june 8-9

June 15-16

Dundas International Buskerfest

Hamilton Airshow

DOWNTOWN DUNDAS

Street performers from around the world. Free admission, free parking. Enjoy art and craft vendors, a sidewalk sale, fine dining and international cuisine.

HAMILTON INTERNATIONAL AIRPORT

Airshow features the Snowbirds, CF-18 Hornet and the largest gathering of vintage aircraft featuring a Mosquito. hamiltonairshow.com

downtowndundas.ca

June 8 to 22 Calendar of events beginning from June 8 to 22, 2013

june 21-22 june 8-9

The Beer & BBQ Show

Guelph & District Multicultural Festival

WESTERN FAIR DISTRICT LONDON

RIVERSIDE PARK GUELPH

Celebrating the diversity of Guelph and area, through: music, song, dance, arts and crafts, sport and, of course, food! This is a great event for the whole family. gdmf.ca

Following the success of the London Wine and Food Show, The London Beer & BBQ Show will be the summerâ&#x20AC;&#x2122;s hottest event. Come and sample Ontario's established culture of craft beers and local grillers and participate in the variey of sports, cooking demos and activities running on the weekend. So bring your friends down to The London Beer & BBQ show and enjoy the true tastes of summer westernfairdistrict.com

june 8 - 22, 2013 | New home & condo guide SWO 75

075 Hot Dates_VB-WK.indd 75

6/6/13 12:37:42 PM


advertiserindex augustine group: Treviso

43

LJM Developments: Appleby Gardens

42

augustine group: Port Place

47

mady homes: 155 Uptown Waterloo

28

Bayview Wellington: Niagara-on-the-Green

4

mattamy homes: Millpond

Bayview Wellington: Victoria Village

5

menkes developments: Millstone on the Park

branthaven Homes: Multi-site

12 & 13

6 36

menkes developments: Enclaves of Upper Canada 37

bucci Homes: Bliss

50

Monarch: The Village of South Fields

44 & 45

cambridge Homes: Brownstones

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Mountainview Homes: Multi-site

9

Claysam Homes: Neighbourhoods of Devonshire

65

new Horizon: City Square

39

7

PARK LANE HOME BUILDERS: Multi-site

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dawn victoria Homes: Evergreens

51

QUEEnsgate homes: Victoria Common

29

dunsire developments: Mill Creek Village

25

reidâ&#x20AC;&#x2122;s heritage: Heritage Lake Estates

BC

eastforest Homes: Woodway Trails

52

reidâ&#x20AC;&#x2122;s heritage: Westminster Highlands

31

eastforest Homes: Multi-site

57

rosehaven homes: Multi-site

38

spallacci homes: Eden Park

61

Countrygreen Homes: The Uptowns of Waterdown

Empire Communities: Multi-site

2&3

forest park homes: The Village Landing

53

tillsonburg developments: Baldwin Place

64

fusion homes: Privada

23

tobyn park homes: ParkCity

55

geranium Homes: Woods at Sally Creek

16 & 17

williamsburg homes: Eby Estates

22

Great gulf: Thorold

78 & 79

winzen: Stoneridge & The Kensington

58

Homes by DeSantis: Lincoln Square

11

76 New home & condo guide SWO | june 8 - 22, 2013

076 Advertisers index-DN-WK.indd 76

6/6/13 11:46:18 AM


fundamentallyspeaking

WAYNE KARL is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

Mortgage essentials

even if that were to happen in your market and housing type, ask yourself: in 10 years, is a home you buy today likely to be worth more or less? If you need an answer to this question, just take a look back at prices 10 years ago. Of course, there are no guarantees, but if you’re in the homebuying anyway, today’s low rate environIT’S A HOT TOPIC IN A mode ment makes a pretty compelling reason to CHANGING LANDSCAPE, SO act sooner than later to take advantage of LEARNING AS MUCH AS YOU these opportunities. Low rates notwithstanding, the banks, CAN IS TIME WELL SPENT financial firms, brokers and other experts still advise homebuyers to practice smart borrowing – everything from putting down a larger by WAYNE KARL down payment to taking advantage of prepayment options and even “stress-testing” MORTGAGE INTEREST RATES, STILL AT HISTORICAL your mortgage at a higher rate to ensure your lows and expected to remain so well into next year and finances can accommodate rate fluctuations maybe 2015, represent a window of opportunity for those or other unforeseen circumstances. looking to buy a home. The mortgage industry is ultraThe mortgage market is a complex competitive, lenders often introduce new products and beast, and as a prospective homebuyer, otherwise there are plenty of options for borrowers. these are not lessons you’re going to learn If you could lock in at a overnight – nor do you likely want to. rate over 10 years, for You’re focused on saving a down payment, But just as important is to low example, that gives you the getting your finances in order, searching also spend as much time as comfort of knowing what potential neighbourhoods, choosing a necessary to find a broker or your mortgage payments home and, when buying new, selecting banker you trust and who will be over that period, interior finishings. knows their business. while over that time you But just as important is to also spend can also take advantage of as much time as necessary to find a broker any pre-payment and lump-sum payment options to pay or banker you trust and who knows their down your mortgage. business. More so than in any other area Another appeal of this scenario is that, as we often of homebuying, you’re going to rely on the point out, experts advise you take a long-term view of advice of this member of your team – now your home purchase. For example, there is some talk at more than ever. the moment about cooling prices and softening sales. But It will prove to be time well spent. JUNE 8 - 22, 2013 | NEW HOME & CONDO GUIDE SWO 77

077 FS Mortgage essentials-WK.indd 77

6/5/13 1:20:16 PM


SAVE $25,000 GREAT GULF HOMES IN THOROLD NIAGARA

ROLLING MEADOWS

The Brock SQ.FT: 1,845

CURRENT PRICE:

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DETACHED HOMES 42 FT. LOTS

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SALE PRICE: 990 $

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The Niagara SQ.FT: 2,015

CURRENT PRICE:

$

337

990

SALE PRICE:

312

$

990

The Escarpment CURRENT PRICE: SQ.FT: 2,165

$

344

990

SALE PRICE:

319

$

990

The Erie SQ.FT: 2,305

CURRENT PRICE:

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SALE PRICE:

327990

$

FROM $307,990 1,845 -2,305 SQ.FT.

CLOSE IN 120 DAYS VISIT OUR PRESENTATION CENTRE N

Bea verd ams

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SALES OFFICE & MODEL HOMES ADDRESS: 1 Sunset Way off Barker Parkway and Hwy. 58 HOURS: Mon-Wed, 2pm-7pm Thur & Fri, Closed Sat & Sun, 12pm-5pm PHONE: 905.680.0841 • Model homes close 30 minutes prior to sales centre

78 New home & condo guide SWO | june 8 - 22, 2013

078-079-Great Gulf-Thorold 01-19-13.indd 78

6/5/13 11:43:55 AM


MODEL HOMES NOW OPEN

Up to

$20,000

42' AND 50' LOTS 1,845 – 3,095 SQ. FT. FROM $307,990

in upgrades*

Opt. Covered Deck with skylights Opt. Covered Deck with skylights

1.

Opt. Covered Deck with Skylights Opt. Covered Deck with Skylights

Patio Door

2.

Patio Door

Desk

Desk

3.

Up Up

Breakfast 11'9" x 10'0" Breakfast 11'9" x 10'0"

Breakfast bar

Dw

Kitchen 13'11" x 8'8" Kitchen 13'11" x 8'8"S

F P

W Laundry Laundry

Opt. Uppers

D D

Up

Opt. Uppers

W

Up Railing Railing Ledge Dn

Dn

Bedroom 4 9'0" x 10'4" Bedroom 4 9'0" x 10'4"

Ledge

Door only if grading Permits additional Stepsif may be required Door only grading Permits additional Steps may be required

Tiled ledge Opt. Linen closets Opt. Linen closets

Standard 4'x4' Skylight above Standard 4'x4' Skylight above 8'x8' ceiling 8'x8' opening ceiling opening

S

P

Dining/Living 10'0" x 17'0" Dining/Living 10'0" x 17'0"

Tiled ledge

W.I.C.

Master Bedroom 15'6"(21'0") x 12'2" Master Bedroom 15'6"(21'0") x 12'2"

6.

Family Room 18'1" x 12'0" Family Room 18'1" x 12'0"

Dw

4.

Oval tub Oval tub

W.I.C.

Opt. Skylights

Breakfast bar

F

Opt. 2-Sided Gas Fireplace Opt. 2-Sided Gas Fireplace

Opt. Skylights

Ensuite Ensuite

Dn Dn

Railing Railing

7.

SH

Railing Railing

SH

Sloped Up Sloped Up

8. Bath 2 Bath 2

Lin W.I.C.

Door only If grading Permits Door only If grading Permits

Lin

W.I.C. W.I.C.

W.I.C.

CL

Garage 18'3" x 22'2" Garage 18'3" x 22'2"

5.

W.I.C.

CL

Bedroom 2 14'7" x 10'6"(11'4") Bedroom 2 14'7" x 10'6"(11'4")

W.I.C.

PWD

Foyer

Bedroom 3 12'0" x 11'0" Bedroom 3 12'0" x 11'0"

PWD

Foyer

CL

Raised Ceiling

CL

Raised Ceiling

Covered Porch Covered Porch

Ground Floor Elevation ‘A’ Ground Floor Elevation ‘A’

Second Floor Elevation ‘A’ Second Floor Elevation ‘A’ W.I.C.

LIN W.I.C.

Foyer CL

42' FEATURES

Foyer

2. Oversized windows Unfinished Basement Furn

Up Up

Furn Standard 3 pc rough-in HWT Standard 3 pc rough-in

Bedroom 2 14'7" x 10'6" Bedroom 2 14'7" x 10'6"

6. Spacious family rooms

4. Gourmet kitchens

7. Large ensuites

5. Two car garage

8. Standard skylights

Ground Floor Elevation ‘B’ Ground Floor Elevation ‘B’

Raised Ceiling

Raised Ceiling

Second Floor Elevation ‘B’ Second Floor Elevation ‘B’

Furn

Up Alt. Sump

HWT

Up

Alt. Sump

Furn HWT Standard 3 pc rough-in HWT Standard 3 pc rough-in

Unexcavated

Unexcavated Unexcavated

Sump

Unexcavated

Optional Cold Storage Low Headroom Optional Cold Storage Low Headroom

Sump Sump

Sump

Basement Elevation ‘A’ Basement Elevation ‘A’

Bedroom 3 12'0" x 11'0"

Unfinished Basement

Unfinished Basement Unfinished Basement Alt. Sump

W.I.C. W.I.C.

W.I.C.

LIN

3. Breakfast areas

CL CoveredCL Porch

1. Beautiful light filled homes

Alt. Sump

PWD PWD

CL

CL

Covered Porch

Bedroom 3 12'0" x 11'0"

W.I.C.

CL

Basement Elevation ‘B’ Basement Elevation ‘B’

GREATGULF.COM /THOROLD

Optional Cold Storage Low Headroom Optional Cold Storage Low Headroom

*$15,000 in upgrades on 42’ lots and $20,000 on 50’ lots. Linked below grade. See sales representative for details. Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. All square footages are approximate. Actual usable space varies from stated floor area.

078-079-Great Gulf-Thorold 01-19-13.indd 79

6/5/13 11:43:56 AM


Give your friends backyard envy.

Endless kilometres of hiking and biking trails. A 60-acre spring-fed lake for fishing and canoeing. These are just a few of the recreational activities that await you at Heritage Lake Estates. A private enclave of 75 premium estate lots on the outskirts of Guelph, Heritage Lake Estates is your opportunity to create the life youâ&#x20AC;&#x2122;ve always wanted in a unique, natural setting away from the crowds and noise of the city. It starts with you working with our team of architects, interior designers and landscapers to create the home of your dreams. Then, we build it to your exact specifications.

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