MAY 7 - 21, 2016 VOLUME 19, ISSUE 9, FREE
SOUTHWESTERN ONTARIO EDITION
IN STONEY CREEK
INSIDE THIS ISSUE
SWO BUILDERS SHINE AT ANNUAL TARION AWARDS
BINBOOK: PRIMED FOR PROSPERITY
MARKET SNAPSHOT: SWO NEW HOME PRICES & SIZES
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home Located in the charming town of Binbrook, minutes from Hamilton’s downtown, but in a world all its own. Summerlea Woods offers the picturesque ease of a small town with access to the conveniences of an urban centre. When life takes you to unexpected places, love brings you home to Summerlea Woods.
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Aspire to Ancaster Ancaster urban forest towns from the $300’s It’s a lifestyle your family deserves. Own an urban forest town in the most soughtafter setting in Ancaster. Where the charm of prestigious, historic downtown Ancaster is just down the road, and woods and waterfalls wait to be discovered. The Legendary Hamilton Golf and Country Club makes ownership here very desirable. Aspire to Ancaster today.
COMING SPRING 2016 TO ANCASTER
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REGISTER NOW FOR VIP ACCESS
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Map not to scale. Pricing and specifications subject to change without notice. E&OE
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40 1
contents MAY 7 - 21, 2016 | VOLUME 19 ISSUE 9
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill ASSOCIATE PUBLISHER
Susan Maxwell EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Moe Lalani EDITOR
Wayne Karl ART DIRECTOR
Daiana Garay CONTRIBUTING EDITORS
Sonia Bell Sara Duck (on leave) Elisa Krovblit Jackie Marchildon Lydia McNutt (on leave)
12
SALES CO-ORDINATOR
Sarah Khan MANAGER OF PRODUCTION
Bala Gnanapandithan CO-ORDINATOR
Sandra Hanak-Vujnovic
ON THE COVER
12
New Horizon Development Group Sapphire at Waterfront Trails a rare opportunity
GRAPHIC DESIGNER
Miguel Cea CONTRIBUTING WRITERS
Joanne Keenan Jeffrey Reed
property profiles
20 Losani Homes
Fallingwaters – one-of-akind in Stoney Creek
city focus
34 Binbrook
#500-401 The West Mall
Poised for prosperity
buyers’ resource section
Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
26 Branthaven Homes
Breaking ground at Lake House in Grimsby
15
New releases and grand openings
40 Reid’s Heritage Homes Nature at your doorstep at Trailwoods in Thornbury
52 Mattamy Homes
Small-town living at River Mill in Cambridge
trending
30 Tarion Warranty Corp.
confers 2016 Homeowners’ Choice Awards
44 New Home Market
Prices and sizes of new homes in SWO markets
35 Hot Properties Kitchener-Waterloo & London New releases and grand openings
49 Mortgage Rates in every issue
10
48 Fundamentally Speaking
6 financial homebuying tips for first-timers
8 YPNEXTHOME.CA
Editor’s Note
50 Advertiser Index 51
advice
Hot Properties Hamilton
What’s Online
ADVERTISING Call Susan Maxwell at 416.988.1172
FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260; e-mail: susan.maxwell@ypnexthome.ca Office hours are Mon-Thurs. 9-5; Fri. 9-12 CIRCULATION Free distribution. Published biweekly 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 2016 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. Yellow Pages Next Home is a trademark of Yellow Pages Group Co. in Canada. Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
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Editors' Notes
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
STONEY CREEK
SEE MORE ONLINE nexthome.yp.ca/stoney-creek
Helping you in your journey As you review this issue, we hope the journey toward the discovery of your new home meets your expectations. It’s important to bring a fresh perspective when shopping for a new home or new condo. Unlike a resale property, it’s an opportunity to own a new abode outfitted with the finishes and features that you want, not what the previous owner left behind. Looking for more home options,
news and advice? Visit us online and enjoy an enhanced journey that includes neighbourhood facts and data, as well as a rich listing experience with visuals and floorplans. You’ll be able to connect easily when you see something you love. Check out our neighbourhood profile of Stoney Creek, as noted above. We think you’ll enjoy the tour. Visit us at YPNextHome.ca
Millennials, please take note
WAYNE KARL Senior Editor
Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social 10 YPNEXTHOME.CA
The GTA and Vancouver are often cited among the “hot” markets in Canada, notable for real estate performance, price growth and other headline grabbing news. That’s great for those who already own a home, but less so for those trying to get into the market. It is doubly true for millennials – those prospective homebuyers in the 18 to 34 age group. A recent Bank of Montreal Millennial Home Buyer Report discussed what these would-be buyers expect to pay for their first
home. But then the Royal LePage House Price Survey for the first quarter of 2016 – so, actual numbers – revealed some sharp discrepancies. The implications for young firsttime buyers is that they may have to adjust their homebuying aspirations. Instead of that detached home in the city, your first purchase may have to be a townhome in the suburbs. That’s where Southwestern Ontario shines; the many and varied markets in SWO offer a variety of new home options – at prices millennials and others can still afford.
Interact with us on social media: ypnexthome
On Your Horizon: Lakeside Living in Grimsby, Ontario It’s Worth The Wait. Coming July 2016
AQUAZUL WATERF RON T CON DOMIN IUMS
Out of the blu … comes a new shade of luxury living: AquaZul. Discover life on water, at Grimsby’s Waterfront Beach Park and Trail. Residences starting from the $180s REGISTER NOW! AquaZulCondo.ca
Prices and specifications subject to change without notice. E.&O.E.
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 11
Property Profile | NEW HORIZON DEVELOPMENT GROUP
cover story
Sapphire at Waterfront Trails presents a rare opportunity to own a lakefront gem ADMIRED, PRIZED AND COVETED, the
deep blue sapphire is considered one of the world’s most beautiful and sought-after gemstones. No wonder, then, that New Horizon Development Group has christened its latest undertaking after a jewel as extraordinary as a sapphire. Located on the shores of brilliant blue Lake Ontario in charming, trendy Stoney Creek, Sapphire at Waterfront 12 YPNEXTHOME.CA
Trails marks the second phase in New Horizon’s vision to build stunning, yet affordable, condominiums, many featuring predominantly lake views. It truly is a rare gem in the landscape of today’s condominium choices. “This is a very exciting chapter for New Horizon Development Group as we embark on the second phase of a spectacular opportunity to own a piece of the waterfront in Stoney Creek,” says
Location
Stoney Creek Builder
New Horizon Development Group Development
Waterfront Trails Home Type
Lakefront condominiums Contact
newhorizonhomes.ca
New Horizon Development Group President Jeff Paikin. Situated on the largest strip of undeveloped residential property on Lake Ontario, Sapphire will offer real lakefront living to those looking for an active, yet affordable lifestyle. “Sapphire is a truly affordable way to enter the real estate market, and in such a spectacular location,” Paikin continues. “We’ve created a selfcontained residential community removed from the hustle and bustle of life, yet with all the required conveniences of transportation, retail, commercial and the amenities required for a healthy and active lifestyle.” Sapphire will consist of 433 units with predominantly lake views. The 433 will be divided amongst two six-storey buildings and amenities for each building will include a beautiful rooftop terrace overlooking the lake,
a fitness centre and party room. The community is just a short drive from bustling Toronto, plus Sapphire residents will enjoy all of the amenities offered in close-by Burlington, Hamilton and Niagara Falls. And for those longing to embrace the location, Sapphire’s proximity to the Waterfront Trail, a well-loved and used recreation, fitness and Green transportation amenity and a world-renowned tourism attraction, is unmatched. “Access to the Waterfront Trail is at your doorstep, as is a convenient connection to the QEW,” says Paikin. “Locations like this are usually unavailable for people who desire an affordable option, but we’re proud to have the value proposition, the architecture, the location and the amenities available to our clients at a price that is truly affordable.”
The release of Sapphire marks Phase 2 of New Horizon’s already successful foray into the Hamilton area: a oneday sales event for Phase 1, Waterfront Trails Coastal Condos and Towns, drew more than 1,000 attendees and the entire community was sold out in six hours – making it the fastest-selling development in Stoney Creek history. Don’t miss out on your chance to own a stunning view of the sapphire waters of Lake Ontario. Units start at $199,999. New Horizon was established in 1994 as a single-family home builder. The company then moved to building custom homes and is now focusing on condominiums. To find out more about Sapphire at Waterfront Trails or about New Horizon Development Group, visit newhorizonhomes.ca MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 13
Hot Properties
Find your next home! This page features a few of the latest properties to keep your eye on in Southwestern Ontario. Find more properties at ypnexthome.ca
LATEST LISTINGS
HAMILTON HALTON NIAGARA ANCASTER • BEAMSVILLE • BINBROOK • BRANT • BRANTFORD • BURLINGTONCATHARINES • GRIMSBY • HAMILTON • MILTON • NIAGARA • OAKVILLE • PARIS PORT DOVER • ST. CATHARINES • STONEY CREEK • VINELAND
pre-registration AQUAZUL By: Homes by DeSantis City: Grimsby Housing type: Coming in July – waterfront condominiums from the $180’s aquazulcondo.ca
SUMMERLEA WOODS By: Empire Communities City: Binbrook Housing type: Townhomes from the mid $300’s and detached homes from the low $400’s summerleawoods.com
SAPPHIRE By: New Horizon City: Stoney Creek Housing type: Waterfront condominiums from $199,999 sapphirecondos.ca
SIHLER WOODS By: Vanel Condominiums City: Simcoe Housing type: Spacious detached bungalow condos with ravine views from $399,900 vanel.ca
TIFFANY HILL
PURE
CREEKSHORE COMMON
By: Rosehaven Homes, Homes by DeSantis & CDI Homes Location: Ancaster Housing type: Phase two – detached homes and freehold townhomes tiffanyhill.ca
By: Branthaven Homes City: Milton Housing type: Spacious twostorey freehold townhomes branthaven.com
By: Mattamy Homes City: Oakville Housing type: Boutique condominiums and townhomes mattamyhomes.com
LAKE HOUSE
PRAIRIE MODERN
AFFINITY CONDOMINIUMS By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Two contemporary six-storey buildings with suites from 585 to 1,200 sq. ft., one-bedroom up to two-bedroom with den designs. Prices from the upper $200’s affinitycondo.com
STATIONWEST By: Adi Developments Location: Burlington Housing type: Coming soon – three-storey urban townhomes at Aldershot Go Station adidevelopments.com
PASSAGES ON THE CANAL By: Bayview-Wellington Homes Location: Welland Housing type: Coming soon – luxury freehold executive townhomes mypassages.ca
By: Branthaven Homes Location: Grimsby Housing type: Waterfront townhomes and condos lakehouselife.ca
By: Losani Homes Location: Hamilton Housing type: Townhomes from the low $300’s prairiemodern.ca
THE BERKELEY CONDOMINIUMS
AUGUSTA
By: Carriage Gate Homes City: Burlington Location: Caroline Street and Elizabeth Street Housing type: 154-unit condo carriagegatehomes.com
new openings THE FAIRGROUNDS FINALE
By: Losani Homes City: Ancaster Housing type: Modern semis from the mid $400’s losanihomes.com
HAWTHORNE SOUTH VILLAGE By: Mattamy Homes City: Milton Housing type: Townhomes and detached homes in masterplanned community mattamyhomes.com
CRANBERRY HILL
By: Losani Homes Location: Binbrook Housing type: New release of stylish townhomes losanihomes.com
By: Mattamy Homes City: Waterdown Housing type: Now open – new 30- and 36-ft. detached designs mattamyhomes.com
FALLINGWATERS
AVALON
CENTRE SQUARE
WOODLANDS
By: Losani Homes City: Hamilton Mountain Housing type: Modern two- and three-storey towns from the $400’s losanifallingwaters.com
By: Empire Communities Location: Caledonia Housing type: Townhomes from $239,990 and detached homes from the mid $300’s empireavalon.com
By: Homes by DeSantis City: Beamsville Housing type: Now open – boutique towns and freehold urban towns from the mid $200’s centresquare.ca
By: Mountainview Homes City: Niagara Falls Housing type: Single-detached and townhomes from $229,900 mountainview.com
LEGACY ANCASTER
THE WOODLANDS ANCASTER
FREEDOM
By: Carriage Gate Homes Location: Ancaster Housing type: Limited collection of luxury custom homes on 50-, 55-, 60 and 66-ft. lots carriagegatehomes.com
By: Losani Homes City: Ancaster Housing type: Singles on forest court lots from the $500’s woodlandsancaster.com
Builders
By: Branthaven Homes City: Stoney Creek Housing type: Now open – luxury two- and three-storey townhomes branthaven.com
If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 15
16
ypnexthome.ca
Paris
Port Dover
Simcoe
Binbrook
Grimsby
Georgetown
Caledon
Smithville
Welland
Fonthill
Thorold
Ridgeway
Stevensville
Chippawa
OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE
Halton / Hamilton / Wentworth / Niagara:
SEARCH ONLINE Fort Erie
BUILDERS
SITES
Ancaster
CARRIAGE GATE HOMES
Legacy in Ancaster
Ancaster
LOSANI HOMES
Augusta
Ancaster
LOSANI HOMES
Astoria
Ancaster
LOSANI HOMES
The Woodlands Ancaster
Ancaster
LOSANI HOMES
Wildwood
Beamsville
LOSANI HOMES
Vista Ridge
•
Binbrook
EMPIRE
Summerlea Woods
•
Binbrook
LOSANI HOMES
Fairgrounds Finale
•
Brantford
SURREAL HOMES
The Lofts
Fonthill
MOUNTAINVIEW HOMES
The Residence at Lookout
•
Greensville
THOMAS COCHRENE
The Greystones
•
Grimsby
BRANTHAVEN HOMES ADVERTISERS
PRICES
•
from $900,000
24
from mid $400's
6
•
from low $400's
6
•
from $700's
6
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from $300's
6
from $400's
6
•
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PAGE
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from low $400's
2&3
from mid $500's
6
•
from $199,900
22
•
from $374,900
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from $1,400,000
18
Lakehouse
•
from $200's
28&29
•
from $180's
11
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from mid $300's
6
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from mid $400's
6
from mid $400's
6
from low $300's
6
Grimsby
HOMES BY DESANTIS
Aquazul
Hamilton
LOSANI HOMES
Central Park
Hamilton
LOSANI HOMES
Fallingwaters
Hamilton
LOSANI HOMES
Greenhill Glen
Hamilton
LOSANI HOMES
Prairie Modern
Jordan
PHELPS HOMES
The Kingsway at Jordan Village
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• • •
19
Niagara-on-the-Lake AVERTON HOMES
Averton Square
Niagara
BW HOMES
Passages on the Canal
•
Niagara Falls
MOUNTAINVIEW HOMES
Lyon's Creek
•
Niagara Falls
MOUNTAINVIEW HOMES
Fernwood
•
Niagara Falls
MOUNTAINVIEW HOMES
Thundering Waters
•
Niagara Falls
SILVERGATE HOMES
Victoria Woods
Oakville
MATTAMY HOMES
The Preserve
Simcoe
VANEL CONDOMINIUMS
Sihler Woods
Smithville
PHELPS HOMES
Auburn Trail
•
Smithville
PHELPS HOMES
Atwater
Smithville
PHELPS HOMES
Brookside
Smithville
PHELPS HOMES
Stepping Stones
St. Catharines
BW HOMES
Victoria Village
Stoney Creek
NEW HORIZON
Sapphire
Welland
MOUNTAINVIEW HOMES
Harvest Estates
•
•
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from mid $600's
23 5
from mid $200's
9 9
• •
from low $300's
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9 36
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from $405,990
54&55
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from $399,900
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4 25 9
OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE
LOCATION
Halton / Hamilton / Wentworth / Niagara:
D et Se . m Bu i n To gal w ow C nh o o Ad ndo me ul tL ife st yle
ADVERTISER'S MAPPING INDEX
17
GUELPH
HWY 5
HWY 8
GREENSVILLE
HAMILTON
BROCK RD.
PETERS CORNERS
N HWY 6
DUNDAS
HWY 403
TORONTO
Property Profile | LOSANI HOMES
One-of-a-kind experience at Losani’s Fallingwaters A one-of-a-kind community in Stoney Creek Location
Stoney Creek Mountain Builder
Losani Homes Development
Fallingwaters Home Type
Modern townhomes at the edge of the Escarpment from the $400’s Sales Centre
220 Mud St. W. Contact
905.560.4260 fallingwaters@losanihomes.com losanifallingwaters.com 20 YPNEXTHOME.CA
THERE IS ONLY ONE WAY TO CAPTURE the full experience of Losani Homes’ new home community of Fallingwaters on Stoney Creek Mountain – and that is from above. So that’s what Losani did: helicopter tours for all purchasers and those who registered for VIP previews! It was Losani’s way to bestow thanks to homebuyers and pre-registered VIPs while building excitement and anticipation for Fallingwaters – a one-of-a-kind experience for a one-of-a-kind community. Losani’s Greg Kush, vicepresident of warranty and quality, was the well-versed tour guide for the tours with Gary Thomson in the pilot’s seat. Fallingwaters will grasp the edge of the Niagara Escarpment, a stone’s throw from Centennial Falls. Frank Lloyd Wright-inspired architecture is as remarkable as the setting at a price that makes it all possible. Like Wright’s masterpiece, the modern towns of Fallingwaters are a perfect
MORE PHOTOS ONLINE ypnexthome.ca/losani-fallingwaters
complement to the flow of nature. Touches of modern architectural brick, wood-style finishing accents partnered with the drama of dark trim will blend seamlessly with the surroundings. Hamilton is the city of waterfalls, so there’s no better location for Fallingwaters than perched on the Niagara escarpment with many of those waterfalls and geographical wonders just a hike away. Centennial Falls, Billy Green Falls, Lower Punchbowl Falls and of course, the Devil’s Punchbowl, one of the escarpment’s most unforgettable sights, are minutes away and were
on view as passengers, four at a time, toured their new community – from above! Families were also able to see the pond and woodlands that will form permanent natural borders for their homes that will be located just off Upper Centennial Parkway, along with stretches of the Bruce Trail and the Heritage Green Sports Park. Using Wright’s penchant for designing his homes as part of the surroundings, Losani uses the presence of woodlands and water to define this tri-sided community with natural barriers that separate it from neighbouring homes in its own unique setting.
In addition to waterfalls, conservation areas and abundant greenspace, Fallingwaters is within easy reach of four golf courses plus Scenic Woods and Southbrook further south. For a seemingly rural setting with plenty of wide open spaces, all amenities of city life are easily accessible along Upper Centennial Parkway (Hwy. 20) or lower Centennial into the city and downtown Stoney Creek. Forty-one modern townhomes will comprise Fallingwaters. Sizes range from 1,319 to 2,441 sq. ft., with prices starting in the $400’s. Luxury features include hardwood floor on the main floor, stainless steel appliance package, nine-ft. ceilings on the main floor, quartz kitchen countertops, home automation package, extended height upper kitchen cabinets with under cabinet valance moulding, pot and pan drawers and much more. Plus, for a limited time, the veteran builder is offering a luxury rooftop terrace as a special VIP bonus. Construction is set to begin springsummer 2017 with the first families moving in late 2017. While the setting is forever, the opportunity is not, so homebuyers can register for information at losanifallingwaters.com or call 905.5604260. MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 21
A TRANSFORMATION THAT BECOMES YOUR OWN. Stunning new lofts centrally located in the vibrant city of Brantford. The Lofts offer you an elegantly urban lifestyle situated in a picturesque setting along the Grand with some of the finest walking trails in the region.
8 5 M O R R E L L S TRE E T, B RA N TFORD C O MIN G S O O N : S TART I NG AT $1 9 9 ,9 0 0
VISIT THELOFTSAT85.COM TO REGISTER TODAY. PRESENTED BY: KING & BENTON 22窶ズPNEXTHOME.CA
SURREAL HOMES
in Niagara-on-the-Lake
LUXURY LIVING At Averton Square you’ll be living the dream right in the heart of Niagara-on-the-Lake, steps from the charming shops, restaurants and theatres.
NEW THIS SPRING New Luxury Townhomes coming soon! Fabulous townhome designs from 1,920 sq.ft.
The Spring Inventory Sales Event Incredible Inventory Bungalows from 1,357 to 1,756 sq. ft. Priced from the mid $600’s.
See for yourself two spectacular designer decorated model homes! Sales office is located at 120 John Street West, Niagara-on-the-Lake. 905.378.2500
Learn more @ Averton.ca
Follow us on Prices and specifications are subject to change without notice. E. & O.E. Rendering’s are artist’s concept.
Unbridled Luxury in Ancaster’s Best Location. VIS
IT
TO S U
Y DA
!
A limited collection of custom inspired homes Large TREED LOTS... up to 66 ft. wide in a desirable neighbourhood. Architecturally distinctive bungalows, bungaloft & 2 storey designs available. Carriage Gate’s finest collection of spacious single family homes, perhaps their most prestigious yet. An intimate enclave of homes in Ancaster’s best and most desirable location, just off Lime Kiln Road, these estate-inspired residences are distinguished in both their architecture and interior design, with each appointed with a long retinue of luxury features.
DISCOVER OUR QUALITY BY VISITING TODAY! Luxuriously appointed from the
900’s
$
A NCA S TER
CARRIAGEGATEHOMES.COM Sales Office Hours: Mon. - Thurs.; 3pm - 7pm, Friday by appointment, Sat. & Sun.; 12pm - 5pm. Paul Ciardullo; Broker, Effort Trust. 905-975-9191 • paulc@efforttrust.ca Prices and specifications are subject to change without notice. E. & O.E. Renderings are artist’s concept.
Experience True Waterfront Living in Stoney Creek
nothing sparkles like a sapphire. Register Today
SapphireCondos.ca With its sweeping vistas of Lake Ontario and the uninterrupted, and seemingly endless sky, Sapphire is the crowning jewel of waterfront living. More than just beautiful, Sapphire delivers a modern, active lifestyle on the cusp of the water with the beautiful Waterfront Trail at your door and untouched greenspace and incredible parks mere minutes away. Waterfront Condominiums from
$199,999
Illustration is artist's concept. Prices and specifications subject to change without notice. E. & O. E.
Property Profile | BRANTHAVEN HOMES
Branthaven breaks ground at Lake House, an award-winning, waterfront community IT WAS A DUO CELEBRATION OF THE ARRIVAL of warmer
weather and the commencement of a new waterfront community on Lake Ontario. Branthaven Homes gathered homebuyers and dignitaries to break ground as construction begins at the award-winning Lake House, Branthaven’s newest, unrivaled waterfront community in Grimsby. It’s been less than a year since Lake House was launched and with more than 300 homes sold, homebuyers were eager to gather and share their enthusiasm as they divided their time between pointing out their suites and gazing at the lakefront views before them. Steve Stipsits, president of Branthaven Homes, shared the ground-breaking honors with Grimsby Mayor Bob Bentley who explained the vision of the area and the future extension of the Waterfront Trail, which will ultimately link Lake House to Confederation Park. Stipsits called the land and location, with its expansive 26 YPNEXTHOME.CA
lake frontage “unprecedented and unmatched in the region. What sets Lake House apart from other so-called waterfront developments is its actual location directly on the shores – 17.5 acres of prime waterfront real estate with direct waterfront access, protected beaches, fantastic amenities and panoramic lake views.” Stipsits laughed as he thanked the Grimsby council for rejecting their application – twice. “Each time it forced us to come back with something even better.” The final result is Lake House – a lakeside resortinspired community with three collections of coastalstyled townhomes and two midrise condominiums of boutique condos. Their surroundings include landscaped paths, lakefront promenades and parks. Residents will walk out to protected greens, waterfront walkways and endless vistas of the lake, blue sky and the escarpment. Branthaven Homes will continue to respect the context of the site’s waterfront location by delivering authentic
Location
Grimsby Builder
Branthaven Homes Development
Lake House Home Type
Condos and townhomes from the $200’s Sales Centre
480 Winston Rd. Contact
1.888.751.2229 or 289.235.8845 lakehouse@branthaven.com branthaven.com/lakehouse
MORE PHOTOS ONLINE ypnexthome.ca/branthaven-lakehouse
architecture with upgraded elevations of character. “Our award-winning architecture and elevation styles are always sensitive to their locale context. They are never designed in isolation or out of character,” says Stipsits. “With BeachHouse, Wave Condos and Bravo-by-theLake, our customers have come to expect exceptional architecture that pays homage to a site in which it rests, and that’s just what we will do at Lake House, the last landmark site on the shores of Lake Ontario.” The two condo buildings will be built facing each other with a pool and courtyard in between. Situated perpendicular to the lake, they will enable the majority of suites to view the lake to the north as well as the Niagara Escarpment to the south. Floorplans range from one- to two-bedroom plus den, from 465 to 1,185 sq. ft. in size. The buildings will share an outdoor pool, gazebos, outdoor terraces, exercise gym with yoga studio and cardio and pet spa, while each one will have its own games room, entertainment area, dining area and catering kitchen. The Shoreline Town Collection will reside on the water’s edge, a perfect blend of classic cape cod coastal styling with glass paneled balconies and large windows for great
views. These luxurious two-storey towns have a fully finished walkout basement. Located at the heart of the community and only steps from the lake is The Waterside Town Collection. Traditional two- and three-storey town plans provide innovative layouts. The three-storey rear lane towns feature a double car garage and large open-concept living with a unique walkout deck at the back of the townhome. The Village Collection is made up of two-storey townhomes located above an independent street level commercial space. A great alternative to typical condos, they offer an independent entrance and surface level parking. “We’ve got everything here – homes, retail, location,” says Stipsits. In addition, construction is underway on the Grimsby GO Station located nearby. Grimsby Harbor, Grimsby Beach, Murray Street Park and Nelles Beach Park are also nearby landmarks that are all on the water – just like Lake House. Suites and towns are still available with prices from the $200’s. Sales are at 85 per cent with construction now underway. Completion and occupancy is expected in early 2018. MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 27
Trending
TARION NAMES WINNERS OF THE 2016
Homeowners’ Choice Awards THE PROVINCE’S HOME BUILDERS
with the best customer service have just been announced! Tarion is proud to present the 2016 Homeowners’ Choice Awards recipients, as chosen by Ontario’s new-home buyers. These are the only awards that focus exclusively on customer service, and let the buyers decide who should shine.
And the winners are… » The Daniels Corporation and The Tricar Group – Highrise Category (tied) » Tribute Communities – Large Volume Category » LEMAY Homes – Maisons LEMAY – Medium Volume Category (first time finalist and recipient) » Kolody Homes – Small Volume Category (first time finalist and recipient) “Today’s best companies know that positive reviews by real customers are the key to success,” says Tarion President and CEO Howard Bogach. “The Homeowners’ Choice Awards, presented by Tarion, recognize that when it comes to defining success in the province’s residential building industry, the voice of the homeowner matters. Being attentive, responsive and listening to homebuyers is what makes these builders rise above their peers.” Formerly known as the Tarion Awards of Excellence, the Homeowners’ Choice Awards are the result of thousands of newhome buyers’ being polled across the province annually. Anyone that moved into a new home between Oct. 1, 2014 and Sept. 30, 2015 was offered the chance to rate their builder by filling out a survey. Out of more than 56,000 invitations to participate, an impressive 21 per cent of new-home buyers participated. This translated into nearly 12,000 30 YPNEXTHOME.CA
responses that were tabulated by Crunch Research and Nielsen. The survey asks homeowners to share their opinions of their builders’ customer service delivery. Homebuyers are asked to evaluate every customer service touch-point in the new-home buying process. The questions are all centred on customer service delivery. According to Bogach, “Tarion has been working with builders and homeowners for the past 40 years. This insight has taught us that builders who make customer
service a priority create a positive homebuying experience that leads to happy, satisfied homebuyers. The Homeowners’ Choice Awards show that almost every builder can have a chance to be recognized – from small to large, and new to established. It’s all about how a builder chooses to focus on their customers.” To qualify for the awards, builders must have had at least five new home possessions during the survey timeframe and a specified number of completed questionnaires must be returned.
The Daniels Corporation tied for first in the Highrise Category
The Tricar Group tied for first in the Highrise Category
Tribute Communities won in the Large Volume Category
WATCH THE VIDEO ONLINE nexthome.yp.ca/tarion-2016-awards
ORIGINAL
BLACK AND WHITE
REVERSE
ROOM WITH A VIEW
Spacious detached bungalow condos with ravine views. FINAL LOGO: ACCEPTABLE FORMATS FOR USAGE
FROM
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COMING SOON
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2 DESIGNER MODEL HOMES OPEN TO VIEW Stunning ravine lots located next to the Norfolk Country Club Distinctive floorplans ranging from 1330-1500 sq.ft. with double car garages Standards include hardwood and ceramic flooring, elegant tray ceilings, upgraded kitchen cabinetry, quartz countertops and spacious islands N/A
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Located at the corner of Lynndale Rd. & Argyle St. Simcoe Model Hours: Weekends 2PM-4PM or by appointment
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NS.
Y E. NSWA
15 MI
For More Information Contact:
QUEE
3 24
AVE. DALE
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L E ST T.
LYNN
AR
ST. N. OLK NORF
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RD.
Cheryl Avarell, Sales Representative Royal LePage Action Realty Office: 519-753-7311 Mobile: 519-754-7955 cherylavarell@royallepage.ca
vanel.ca
City Focus | BINBROOK
Binbrook An island suburb of Hamilton By Wayne Karl WHEN IT COMES TO REAL ESTATE, community development and new
home building, one of the best opportunities homebuyers can hope for is an area in transition – a place with a strong natural location, good value and significant improvement underway through local and regional initiatives. Time it right, and purchasing in such an area could be priceless. Welcome to Binbrook, a small but fast-growing community of about 15,000 in the southeastern part of Hamilton. It may not be as well known – at least not yet – as some of its neighbouring communities such as Stoney Creek, Grimsby and Ancaster, but there is no question Binbrook is a town on the upswing. As that old real estate adage goes, it’s all about location, location, location – and Binbrook has all that going for it, and more. Part of the Regional Municipality of Hamilton Wentworth, Binbrook was formerly known as Halls’ Corners, after Squire Hall, whose store housed the local post office. The name was later changed to Binbrook after a village in England. 32 YPNEXTHOME.CA
Amalgamated as part of the City of Hamilton in 2001, Binbrook has since benefited from the expansive development and economic improvement in the region. Hundreds of millions of dollars have been spent in recent years on infrastructure in and around Hamilton, facilitating easier access to and from the city and neighbouring communities like Binbrook, as well as to other major destinations. Close to the QEW, Binbrook residents and businesses benefit from proximity to St. Catharines, Niagara Falls, Hamilton, Brantford, Cambridge and of course east into Toronto. Indeed, the recent opening of the Red Hill Expressway made it easier than ever to travel to Toronto or Windsor or Niagara Falls and anywhere in between. The highway runs through Hamilton, connecting the Lincoln M. Alexander Parkway to the QEW near Hamilton Harbour. Just as this infrastructure facilitates growth and prosperity in the area, so too is it part of important local history. The $245-million expressway was built through the Red Hill Valley by the City of Hamilton after a decades-long battle with opponents. It was first proposed in the 1950s and
was cancelled and resurrected several times over the years. Finally, it was built during the 2000s and opened in 2007. Today, the highway is quite literally a lifeline for Binbrook, leading to commercial and industrial growth and expanding residential population who can now live and work locally, rather than face long commutes to neighboring cities for employment. So, with such growth and development, Binbrook is primed for prosperity, with a perfect combination of old and new, where city meets country. The area has attracted new business such as big box stores, groceries, auto dealerships and other industry to cater to the growing community. Indeed, considered something of an island suburb of Hamilton, separated by conservation and agricultural lands, Binbrook is now seeing hundreds of new homes being built in the area. Builders such as Losani Homes, Empire Communities and Branthaven Homes have a variety of new-home offerings, from detached homes and bungalows – product that appeals to first-time buyers, families and even empty nesters. Affordability is the keyword in
Binbrook is primed for prosperity, with a perfect combination of old and new, where city meets country Binbrook, with average new-home prices much less than in the GTA and even other areas in the region. Losani’s The Fairgrounds Finale, for example, offers two-storey townhomes from the $300’s, while Empire is launching Summerlea Woods, with townhomes from the mid $300’s and detached homes from the low $400’s. Besides location, history and value, buyers are also attracted to Binbrook due to the new amenities in the area. This growing community offers new conveniences that busy families appreciate, from new stores, services and state-of-the-art schools, to a 19acre park with a sports field, running track, soccer pitch and wooded trail system where residents can jog, walk their dog, push the stroller or just meet up with neighbours. Local farmers produce everything from fruits to vegetables, grains and livestock, and many stage
Farmers’ Markets or “pick your own” opportunities, further building residents’ relationships with the community and its natural surroundings. If golf is what you’re after, there are plenty of top courses nearby, including the 18-hole Southbrook Golf and Country Club, located on Hwy. 56 in Binbrook. There is also the Binbrook Conservation Area, a 396-hectare (978 acre) tract of land owned and operated by the Niagara Peninsula Conservation Authority, with 174 hectares (430 acres) covered by the picturesque Lake Niapenco. The lake is surrounded by open meadows, hardwood forests and reforested areas, as well as a network of hiking trails. And like many small towns in Ontario, Binbrook also boasts its own annual fair – the Binbrook Fair – which is approaching its 161st anniversary. MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 33
Model Home Photo Compliments of Adi Development Group | www.adidevelopments.com
SMART-STYLE URBAN TOWNS
Presenting Nautique Lakefront Residences: a sophisticated condominium residence overlooking Downtown Burlington’s vibrant Lakefront. Model Suite: Norte – a 576 sq. ft. ultra-modern one bedroom + media with soaring 11’6” ceilings and exquisite features and appliances.
Adi Development Group has been featured as “Model HOME Of The Month” as seen in the New Home & Condo Guide model home calendar
MAY 2016
Hot Properties
Find your next home! This page features a few of the latest properties to keep your eye on in Southwestern Ontario. Find more properties at ypnexthome.ca
LATEST LISTINGS
LONDON BAYFIELD • BLYTH • CLINTON GRAND BEND • INGERSOLL • LONDON MITCHELL • SEAFORTH • SHAKESPEARE ST.THOMAS • STRATFORD • TAVISTOCK TILLSONBURG • WINGHAM • WOODSTOCK
pre-registration 140 CALEDONIA By: The Tricar Group City: Stratford Housing type: Four-storey boutique style condominiums from the high $200’s. tricar.com
VICTORIA ON THE RIVER By: Stonecrest Homes City: London
HALTON HILLS WELLINGTON WATERLOO ALMA • AYR • CAMBRIDGE • ELORA FERGUS • GEORGETOWN • GUELPH KITCHENER • ROCKWOOD • WATERLOO
pre-registration CLAIR MEADOWS
Housing type: Single-family homes at Hamilton Road & Commissioners Road East. stonecresthomes.ca
new openings CLOVERIDGE PLACE By: Gatto Homes City: Ingersoll Housing type: Custom singles on 50-ft. lots gattohomesinc.com
CASTLE ROCK PLACE By: Rembrandt Homes City: London Location: 3444 Singleton Ave., off Southdale Housing type: Two-storey and mulit-level condominium townhomes from $231,990. rembrandt-homes.ca
FOX FIELD By: Fusion Homes City: London Location: Fanshawe Park Road West and Foxwood Avenue Housing type: Single-family homes from $482,900 fusionhomes.com
new releases BALDWIN PLACE By: Tillsonburg Developments City: Tillsonburg Housing type: Single-detached freehold bungalows from $244,500. baldwinplace.ca
WILDFLOWERS
ROSEMOUNT SEMIS
By: Mattamy Homes City: Kitchener Housing type: Townhomes and 30and 36-ft. detached homes. mattamyhomes.com
By: CountryGreen Homes City: Kitchener Housing type: Semi-detached homes in the heart of Kitchener from $349,900 countrygreenhomes.com
ISHERWOOD AVENUE CONDOS By: Activa Group City: Cambridge Location: 25 Isherwood Avenue Housing type: Condo community activagroup.ca
By: Gatto Homes City: Guelph Housing type: Townhomes and singledetached homes gattohomesinc.com
new openings
WESTWOOD MEWS
VICTORIA COMMON
By: CountryGreen Homes City: Kitchener Housing type: Urban townhomes up to 1,365 sq. ft. from the mid $200’s countrygreenhomes.com
By: Losani Homes City: Kitchener Housing type: Final release of modern townhomes from the $300’s losanihomes.com
CLAIRITY By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums from the mid $200’s reidsheritagehomes.com
AVALON URBAN TOWNS By: Savic Homes City: Kitchener Location: Highland Road West and Ira Needles Blvd. Housing type: Design-forward urban towns avalontowns.ca
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 35
36
Elmira
ypnexthome.ca Plattsville
Stratford
Baden
Breslau
Acton
STRATFORD, WOODSTOCK, INGERSOLL, TILLSONBURG, ST. THOMAS, STRATHROY, MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR
London / Halton Hills / Wellington / Waterloo:
SEARCH ONLINE Toronto
BUILDERS
SITES
PRICES
Elmira
CLAYSAM HOMES
Elmira Country Club Estates
•
Georgetown
MENKES
The Enclaves of Upper Canada
•
Kitchener
COUNTRY GREEN HOMES WestWood Mews
Kitchener
FUSION HOMES
Explorers Walk
Kitchener
LOSANI HOMES
Doon Creek
Kitchener
LOSANI HOMES
Victoria Common
Paris
LOSANI HOMES
Simply Grand
•
•
Plattsville
CLAYSAM HOMES
Plattsville Estates
•
•
from $334,900
43
Thornbury
REID'S HERITAGE HOMES
Trailwoods
•
from $544,900
BC
Tillsonburg
TILLSONBURG DEV.
Baldwin Place
Woodstock
CLAYSAM HOMES
Neighbourhoods Devonshire
Woodstock
SENATOR HOMES
Havelock Corners
•
•
•
43
from mid $700's
39
•
from mid $200's
7
•
from mid $200's
45
•
from mid $300's
6
•
from high $200's
6
•
from high $200's
6
•
•
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from $299,900
•
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PAGE
38
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from $259,900
43
•
from $300's
47
STRATFORD, WOODSTOCK, INGERSOLL, TILLSONBURG, ST. THOMAS, STRATHROY, MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR
LOCATION
London / Halton Hills / Wellington / Waterloo:
D et . Se m Bu i ng a To low w C nh on om Ad do e ul tL ife st yle
ADVERTISER'S MAPPING INDEX
37
An Adult Lifestyle Community
It’s
TheLife See it all at
baldwinplace.ca
Baldwin Place
Great Homes, Great Lifestyle, Great Neighbours 3 ESSELTINE DRIVE, TILLSONBURG MODEL HOME HOURS: OPEN MONDAY - THURSDAY, SATURDAY & SUNDAY 10AM TO 5PM. FRIDAYS & HOLIDAYS BY APPOINTMENT ONLY. E.& O.E. Prices & Specifications are subject to change without notice. 38 YPNEXTHOME.CA
Call us now at 1-800-265-5709 baldwinplace.ca
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 39
Property Profile | REID’S HERITAGE HOMES
Nature is at your doorstep at
Trailwoods in Thornbury THERE IS ONLY ONE THING NICER
than the sights and surroundings, the amenities and outdoor adventures of Thornbury – and that’s embarking on these pursuits from your new home at Trailwoods, a community by Reid’s Heritage Homes. You’ll discover this community of gracious bungalows in the heart of Georgian Bay and Blue Mountain country, just beyond the GTA. Like the traits of all its new home communities, Reid’s Heritage Homes begins with lifestyle and builds its homes within reach of all amenities of comfort and convenience. One does not exist without the other, and Trailwoods is no exception. Nature will be at your doorstep as 40 YPNEXTHOME.CA
these 80-ft. garden lots back on to the scenic and secluded Georgian Trail, a tree-lined walking and cycling trail which follows the old rail line connecting Collingwood, Thornbury and Meaford. Nestled between the deep waters of Georgian Bay and the Niagara Escarpment, the region enjoys more moderate temperatures and a longer growing season than areas south or north. Traveling from near and far, homebuyers are choosing Trailwoods for their new home or a home away from home as they seek four seasons of outdoor adventure and recreation. Families, retirees and those making an investment in a future of active living are being drawn to Trailwoods.
Thornbury is a hidden gem with a charming selection of restaurants, cafes, spas, salons. During the warmer weather, residents can enjoy paddle boarding, kayaking, sailing, golfing, swimming and water sports. Of course, the area is well-known for being a winter wonderland with skiing and snowshoeing at the top of the list. Nearby are the beach and yacht club, golf courses, hiking trails and conservation areas. Blue Mountain village and resort is only 10 minutes away. The Foxfire model home offers a welcoming exterior with a covered porch in Craftsman style that blends textures of stone and clapboard. At the entrance is a private dining
MORE PHOTOS ONLINE nexthome.yp.ca/reids-trailwoods
Location
Thornbury Builder
Reid’s Heritage Homes Development
Trailwoods Home Type
Detached bungalows on 80-ft. lots from $544,900 Sales Centre
175 High Bluff Lane, open Thursday to Monday noon to 5 p.m. Contact
226.665.0109 bsaracino@heritagehomes.com reidsheritagehomes.com
room with access to the kitchen with granite countertops and breakfast bar that opens into the great room. The Georgian Trail is on view from its wall of floor-to-ceiling windows. The master bedroom is also at the back of the house and shares the same breathtaking view. There is a second bedroom, main floor laundry and two-car garage. The basement offers plenty of opportunity for another bedroom and bathroom and finished areas for a home theatre, family room or other uses. Each of the homes of Trailwoods is Energy Star certified offering a healthy and Green home that reduces energy consumption and saves money. Five floorplans range from 1,510 to 1,939 sq. ft., offering two bedrooms and two or 2.5 bathrooms. Prices start at $544,900 with an outstanding list of standard features that include a
natural gas fireplace, granite counters, five-piece kitchen/laundry appliance package, hardwood in the Great Room or dining room and ceramic tiles in the bathrooms, mudroom, laundry room, kitchen and foyer. With the continued focus on lifestyle, future residents of Trailwoods can choose a complimentary oneyear membership (for two) at The Golf Club at Lora Bay. Residents will also become members of the Lora Bay Community Association with access to The Lodge and The Rec Centre with its fitness room, lap pool and sauna. There is an online gallery of the model home and design studio to view, or visit Trailwoods for a personal tour of the model and to experience the lifestyle of the Thornbury area that awaits. MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 41
CHINESE HOME & CONDO GUIDE APR 16 - MAY 21, 2016 四月十六日至五月二十一日 / VOLUME 5, ISSUE 3, 免費贈閱 CHINESEHOMEGUIDE.COM
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
O AREA EDITION 大多倫多版 / GREATER TORONT
豪華貴氣 高聳 入雲
Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.
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本期內容
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Pick Up Your Copy Today or call us for a free copy at 416.626.4889!
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2016-04-07 4:09 PM 6.indd 1
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ypnexthome.ca
Now Building...
HOLMES APPROVED HOMES
Built Right From The Ground Up
Towns & Semis PHASE 3 NOW AVAILABLE
A Proud Partner Claysam Homes is proud to offer home buyers The Holmes Approved Homes Program. Each of our newly built homes will go through a rigorous inspection process through a certified Mike Holmes inspector. Visit one of our model homes today to find out more details about our exciting new partnership and how it benefits you to live in a Holmes approved home.
STARTING FROM
$259,900 Woodstock
1399 Caen Ave. Woodstock, ON
50’ Lots with bungalows & two-storeys STARTING FROM
$334,900 Plattsville
148 Applewood St. Plattsville. ON Towns & Singles PHASE 2 NOW SELLING STARTING FROM
$299,900 Elmira serviced in all our communities
Visit our website for MODEL HOME hours.
79 Country Club Estates Dr. Elmira, ON
claysamhomes.com
Prices and specifications are subject to change without notice. E. & O. E.
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 43
Trending
Southwestern Ontario new home market By Phong Ngo
THE FIRST QUARTER OF 2016 saw significant average price
were Niagara Falls, which had a 37-per-cent gain from Q4 2015 to Q1 2016, mainly attributed to a new project launch during Q1; and Guelph, which had a 28-per-cent gain.
increases for new homes in some of Southwestern Ontario’s key markets. There was a 16-per-cent gain in the average price of remaining detached lots on 30- to 39-ft. frontages in Brant and Brantford between Q1 2016 and Q4 2015, and a 19-per-cent gain for the same type of product and lot frontage in Cambridge. The two markets that saw the largest change in average price for remaining new apartment units
MORE TRENDING ONLINE nexthome.yp.ca/news
Hamilton
Guelph
Average New Home Prices
1M+
$
Waterloo
Detached 30-39 ft. 2,072 sq. ft.
Detached 50-59 ft. 2,551 sq. ft.
Semi Detached 1,630 sq. ft.
Townhouse 1,731 sq. ft.
Apartment 1,194 sq. ft.
Niagara Falls
Average New Home Prices
Average New Home Prices
1M+
$
Cambridge
Detached Detached 40-49 ft. 50-59 ft. 2,221 2,160 sq. ft. sq. ft.
Townhouse 1,433 sq. ft.
Detached 40-49 ft. 2,152 sq. ft.
Townhouse 1,385 sq. ft.
Apartment 928 sq. ft.
Brant & Brantford
Average New Home Prices
Average New Home Prices
1M+
1M+
$
$
Detached 30-39 ft. 2,055 sq. ft.
Detached Detached 40-49 ft. 50-59 ft. 2,433 2,208 sq. ft. sq. ft.
$392,173
Apartment 799 sq. ft.
$439,371
Townhouse 1,455 sq. ft.
$444,090
Semi Detached 1,737 sq. ft.
$200's
$438,195
$302,209
Detached Detached 50-59 ft. 60-69 ft. 2,977 3,361 sq. ft. sq. ft.
$310,623
Detached 40-49 ft. 2,452 sq. ft.
$376,150
Detached 30-39 ft. 1,935 sq. ft.
$886,394
Apartment 949 sq. ft.
$698,564
Townhouse 1,339 sq. ft.
$557,694
$285,715
Detached 40-49 ft. 2,052 sq. ft.
$200's
$500's
$424,327
$287,059
$500's
$458,630
$500's
$516,278
Detached 50-59 ft. 2,364 sq .ft.
Kitchener
Average New Home Prices
1M+
$
Detached 30-39 ft. 2,113 sq. ft.
$346,145
Detached 30-39 ft. 2,249 sq. ft.
$347,880
Apartment 925 sq. ft.
$200's
$487,117
Townhouse 2,130 sq. ft.
$309,831
$396,535
Detached 60-69 ft. 3,159 sq. ft.
$456,364
$476,575
Detached 50-59 ft. 2,698 sq. ft.
$420,179
$924,263
Detached 40-49 ft. 2,487 sq. ft.
$200's
1M+
$500's
$458,450
$614,771
Detached 30-39 ft. 2,182 sq. ft.
$584,053
$500's
$462,002
$500's
$
$478,400
1M+
$
$200's
$200's
Centre Wellington
Average New Home Prices
$200's
$393,042
Apartment 935 sq. ft.
$425,689
Townhouse 1,538 sq. ft.
$454,757
Semi Detached 1,936 sq. ft.
$647,490
$465,835
Detached Detached 50-59 ft. 60-69 ft. 3,227 2,710 sq. ft. sq. ft.
$380,383
Detached 40-49 ft. 2,354 sq. ft.
$516,692
$774,075
$200's
$1,175,810
$500's
$655,031
$500's
1M+
$495,926
$
Average New Home Prices
Townhouse 1,662 sq. ft.
Source: Altus Data Solutions (Altus Group Q1 2016) Phong Ngo is the New Homes Research Director at Altus Group, the official source of new home information for the Building Industry and Land Development Association, and a member of Waterloo Region Home Builders’ Association, Hamilton Halton Home Builders’ Association and Guelph & District Home Builders’ Association.
44 YPNEXTHOME.CA
THE
EASY LIFE AT EXPLORERS WALK OUTLINE OF FLOOR ABOVE
OUTLINE OF FLOOR ABOVE
THE NOTTING HILL
LINE OF FLOOR ABOVE
GARAGE #7 10'0" X 19'8"
UP
UP
ONLY WHERE GRADE PERMITS
1370 SQ.FT.
GARAGE 10'0" X 19'8"
ONLY WHERE GRADE PERMITS
ATTACHED GARAGE +ADDITIONAL EXT. PARKING
LINE OF FLOOR ABOVE
GARAGE #6 GARAGE #5 SINGLE STOREY 10'0" X 19'8" 10'0" X 19'8" GROUND FLOOR UNITS
LOW CONDO FEES DEN/OFFICE 6'5" X 11'0" WALK IN CLOSET INCLUDED AC
W
FURNACE
D
MECH.
BREAKFAST 12'4" X 10'10"
S
KITCHEN 9'6" X 9'6" DW
LINEN
SHOWER
WT
FD
BATH
9FT CEILINGS
W.I.C.
MASTER ENSUITE LUXURY WALK IN SHOWER
SPACIOUS KITCHEN
F
BEDROOM 2 9'0"(6'4") X 10'2"(13'1")
GREAT ROOM 13'8" X 16'0
FOYER
UP
UP
MASTER BEDROOM 11'0" X 16'6"
CERAMIC FINISH STAIRS
GARDEN DOORS
GARDEN DOORS
COVERED PORCH
COVERED PORCH
PRIVACY SCREEN
FLAT ARCH
COVERED PORCH OUTLINE OF BALCONY ABOVE
OUTLINE OF BALCONY ABOVE
VISIT OUR MODEL HOME 177 EDEN OAK TRAIL, KITCHENER, ON
MON-WED 2pm-7pm SAT-SUN 12pm-5pm
#1 IN ONTARIO IN CUSTOMER SATISFACTION 2008, 2010, 2012-2015
As awarded by the Tarion Warranty Corporation.
FOR PRICING CALL:
519 496 7689
All floor plans are approximate dimensions and may vary from related sales material and actual specifications. © Fusion Homes. Reproduction of this plan is strictly prohibited. E & Q.E.
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MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 47
Advice | FUNDAMENTALLY SPEAKING
6 homebuying tips for first-timers By Wayne Karl
MORE ADVICE ONLINE nexthome.yp.ca/news/advice
PLANNING TO BUY YOUR FIRST home
and not sure where to begin? Here are six homebuying tips to help you prepare. 1. Get with the programs There are various government programs available to help you buy a home. Home Buyers’ Plan (HBP): The HBP allows first-time buyers to withdraw up to $25,000 from their RRSP to put toward a down payment on a home. You have up to 15 years to repay the funds. First-Time Home Buyers’ Tax Credit (HBTC): Eligible first-time buyers can apply for the FTHB to help offset the costs associated with purchasing a home, such as legal fees, disbursements and land transfer taxes. The credit can provide up to $750 in federal tax relief. More information on these programs is available at cra.gc.ca 2. Explore your options First-time buyers can buy a home with as little as five per cent of the purchase price as a down payment – as long as the property is less than $500,000. Anything higher than that, and the minimum down payment for the portion of the price higher than $500,000 is 10 per cent. So, assuming your price range is at that threshold, you’ll need to come up with at least $25,000. At that purchase price, depending on the market you’re in, this could mean you’d then be looking at a townhome, semi-detached or even a condo, instead of a detached home. 48 YPNEXTHOME.CA
3. Check with the bank of mom and dad If your parents are baby boomers who have had the good fortune of building equity over the years as they paid down their mortgage while the value of their property multiplied, well… they may be in a position to help. Many buyers are hitting up the bank of mom and dad. In the last two years, 28 per cent of first-time buyers called on the bank of mom and dad to help finance their purchase; from 2010 to 2014, only 17 per cent did. 4. Become tech savvy Mortgage consumers are becoming very tech savvy. In Canada Mortgage and Housing Corp.’s 2015 Mortgage Consumer Survey, 78 per cent of respondents researched online, with 70 per cent using an mortgage calculator to help determine their payments. And social media is playing a more important role – 20 per cent used sites such as Facebook to learn more, 17 per cent used a mobile device, and of those, 22 per cent used a mortgage related app. And all of these figures are growing. 5. Befriend a broker or banker Like many things in life, it’s all about relationships. And whether you use broker or a banker to secure a
mortgage, you’ll likely come to value the relationship. In the same CMHC survey, consumer loyalty strengthened the longer people stayed with their lender. But since we’re talking about money, people are willing to switch lenders to get a better rate and save – a fact which is much more prevalent for bankers than brokers. And because brokers are able to offer products from multiple lenders, as opposed to bankers who offer only the products of their own institution, the market share held by brokers is growing notably, particularly among repeat buyers. 6. Research, research, research These days, with prices rising as they are and uncertainty in some markets, thorough research is an absolute must. Everything from your target area, desired housing type, builder or realtor, finances, how much you can afford, who you borrow from and the structure of your mortgage – take your time. Take months. Don’t rush anything. Anything. Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl.
Homebuyers’ Help
Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial Alterna Bank Bank of Montreal Bank of Nova Scotia
variable 2.6 4.00op 2.35 6.30op 2.7 6.75op 2.9
Canadian Western Bank 6.45op 2.7
CIBC
6 months
1 year
2 years
3 years
4 years
5 years
4 4.00op 4 6.30op 4 6.75op 4.55 6.45op 4 6.30op
2.94 4.00op 2.85
2.64
2.49
2.64
2.74
2.09
2.59
2.74
2.58
2.89
2.99
3.39
3.89
2.59
3.29 6.50op 3.14
3.09
3.39
3.89
4.49
3.04
3.65
4.2
4.74
2.84 6.35op 3.14 2.84 3 3.20op 3.14
2.79
2.54
4.09
4.79
3.04 2.84 2.94
3.65 2.84 2.84
4.39 2.89 2.79
4.64 2.89 2.89
3.04
3.39
2.74
2.84
2.79 2.39
3.34 2.54
3.99 4.39
4.44 4.64
2.99 6.30op 3.19
2.84
2.39
3.89
2.69
3.24
3.49
3.69
3.79
3.14 3.35
3.25 3.5
3.95 3.7
4.39 4.3
4.64 4.35
2.69 3.14
2.14 3.09
2.34 3.39
2.59 3.89
2.59 2.74
3.29 6.50op
3.09
3.39
3.89
4.49
2.85
2.09
2.59
2.74
2.58
2.84 6.30op 2.29 2.89
2.89
2.95
2.99
2.89
2.24 2.79
2.49 2.89
2.64 2.95
2.69 2.89
3.14
3.09
3.39
3.89
4.74
3.25 6.25op 2.84 6.30op 2.99 6.30op 2.8 2.95op 2.45
3.2
3.65
4
4.5
2.79
3.39
3.89
2.59
2.69
3.49
3.99
4.64
2.85
2.95
3.05
3.15
2.55
2.55
2.65
2.65
6.95op Equitable Bank ICICI Bank Canada Manulife Bank National Bank President’s Choice Finan Royal Bank TD Canada Trust Tangerine
2.75 2.4 n/a 6.70op 2.70 2.6 6.75op 2.6
4.45 4.4 6.70op
3.14 6.75op
2.7
TRUST COMPANIES Community Trust Effort Trust Home Trust Company Investors Group Trust MTCC
n/a n/a 6.30op 2.35 n/a 6.50op 2.9
6.5 4.45 6.30op 3.95 4.2 6.30op 4.55 6.45op
OTHER FINANCIAL INSTITUTIONS Alterna Savings Comtech Credit Union First National Fin. LP IC Savings London Life Luminus Financial Meridian Credit Union
2.35 6.30op 2.45
2.7 6.50op n/a 6.50op 3.25 2.4
PACE Savings & C.U.
4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.30op
4 5 6.70op
Parama Credit Union
2.65
Steinbach Credit Union
2.25
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. = RATES ON REQUEST op = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE April 25, 2016. Prepared By http://www.FiscalAgents.com/mortgage/rates
MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 49
Ad Index
ADVERTISERS Averton Homes - Averton Square
23
Menkes Developments - Enclaves of Upper Canada
39
Bayview Wellington - Victoria Village
4
Mountainview Homes - Multi-Site
Bayview Wellington - Passages on the Canal
5
New Horizon - Sapphire
25
Phelps Homes - Multi-Site
19
Branthaven Homes - Lakehouse
28 & 29
9
Carriage Gate Homes - Legacy in Ancaster
24
Reid’s Heritage Homes - Trailwoods
BC
Claysam Homes - Multi-Site
43
Senator Homes - Havelock Corners
47
Surreal Homes - The Lofts
22
Tarion Warranty Corp.
14
Countrygreen Homes - Westwood Mews
Empire Communities - Summerlea Woods
7
2&3
Fusion Homes - Explorers Walk
45
Thomas Cochren Homes - The Greystones
18
Homes by DeSantis - AquaZul
11
Tillsonburg Developments - Baldwin Place
38
Vanel - Sihler Woods
31
Losani Homes - Wildwood
Mattamy Homes - The Preserve
50 YPNEXTHOME.CA
6
54 & 55
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Visit our website: MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 51
Property Profile | MATTAMY HOMES
River Mill will soon offer a beautiful option for those with an eye to small-town Ontario living
THE PLEASURES OF RURAL LIVING
Location
Cambridge Builder
Mattamy Homes Development
River Mill Home Type
Detached homes Contact
mattamyhomes.com
52 YPNEXTHOME.CA
in southern Ontario are many and obvious to most. There’s the scenic appeal throughout the four seasons. And then there’s the ability to participate in the offerings of both nature and neighbourhood. Surely, Mattamy Homes considered these irresistible appeals when the company chose to return to Cambridge with its upcoming community of River Mill. Situated alongside a private woodlot, River Mill is strategically and conveniently positioned near the town of Hespeler and the junction of Hwys. 401 and 24. This essentially puts homeowners near almost every imaginable service or amenity from
big box retailers to farmers’ and antique markets. Mattamy is well known for creating thriving master-planned communities. River Mill promises to elevate the offering with many extra-deep and wooded lots. Plus, cul-de-sacs will be incorporated into the neighbourhoods for those who prefer an even more calming and cosy environment. Features such as greenspaces, parks, playgrounds, plus walking and bicycling trails are designed to complement the natural surroundings. Small-town charm will be manifested through friendly features such as generous front porches that harken back to an era
when neighbours and passers-by would wave and catch up on local happenings. Mattamy’s specialized architectural approach puts people ahead of cars, as you’ll notice when you visit an established Mattamy community. You’ll probably also become aware of the gentle curves in the streets, designed specifically to reduce the speed of traffic. As well, the comprehensive network of paths gives residents real options to driving. The streetscapes in Mattamy communities are also universally described as fresh-faced and visually stimulating. In River Mill, you will discover an inviting variety of detached home styles, each offering you a healthy choice of
floorplans and elevations, and a near overwhelming selection of decor options through Mattamy’s legendary Design Studio. You’ll also have the unique ability to choose from a series of Architect’s Choice Options, so that your personal preferences in living style can be accommodated. Though you may choose to live just outside the city, these choices available here ensure you needn’t sacrifice any of the creature comforts a modern home can provide. Discover many features for which Mattamy has become well respected. Explore Mattamy’s efforts to create spacious, open designs that make already generous spaces seem larger and more accommodating. Take note
of the oversized windows Mattamy’s designers choose to use. Not only do they allow plenty of natural light into your home, they also allow you to gaze out upon the benefits of living naturally right here in the heart of southern Ontario. Mattamy was named WaterlooWellington Builder of the Year by the Waterloo Region Home Builders’ Association. The company’s return to Cambridge will surely be welcomed by many. So, we suggest you register quickly to stay abreast of all the community information. For more information on all Mattamy communities, visit mattamyhomes.com MAY 7 - 21, 2016 | NEW HOME & CONDO GUIDE SWO 53
CONSTRUCTION HAS BEGUN MOVE IN BY SUMMER 2017
DISCOVER THE LUXURY OF MORE AT THE RESIDENCES OF CREEKSHORE COMMON Enjoy more upscale features. Plus more room to live, play, sleep, and entertain. Our contemporary condominium in Oakville has started construction. Don’t miss your best chance at more. Visit our Sales Centre today.
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SALES CENTRE HOURS
Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm
DETACHED MODEL HOME HOURS
Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm
All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
Model Condo Suite Kitchen, Cornell
OAKVILLE Boutique Condo Residence
From 405,990 $
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A KING SIZE BED FITS COMFORTABLY IN EVERY MASTER BEDROOM
ENTERTAIN IN THE COMMON LOUNGE & ROOF TOP TERRACE
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SALES CENTRE HOURS Thursday - Monday 12 - 5 pm Additional appointments available
ReidsHeritageHomes.com Prices and specifications subject to change. See sales consultant for more details. E. & O.E. Š April 2016.
@RHHQualityHomes