Southwestern Ontario New Home and Condo Guide - May 13, 2017

MAY 13 - 27, 2017 VOLUME 20, ISSUE 9, FREE

SOUTHWESTERN ONTARIO EDITION

TREND LIVING

A stylish new condominium community coming soon to Waterdown

REGISTER TODAY AT

INSIDE THIS ISSUE

INVENTORIES DOWN, PRICES UP ACROSS SWO MARKETS

HHHBA CONFERS 2016 AWARDS OF DISTINCTION

GRIMSBY: MODERN DEVELOPMENT AMID NATURAL SURROUNDINGS

HOMES CONDOS COMMUNITIES

YOUR FUTURE COMMUNITY STARTS HERE At Empire we’ve built vibrant communities for over 30,000 Ontarians. Our beautiful new homes are designed to make everyday life richer and more sustainable.

Learn more at empirecommunities.com 2 YPNEXTHOME.CA

contents MAY 13 – 27, 2017 | VOLUME 20 ISSUE 9

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES, NATIONAL

Moe Lalani ASSOCIATE PUBLISHER

Anne-Marie Breen SENIOR MANAGER, CONTENT

Jennifer Reynolds EDITOR

Wayne Karl ART DIRECTOR

Daiana Garay CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit Lydia McNutt SENIOR ACCOUNT EXECUTIVE

Nina Downs nina.downs@ypnexthome.ca SALES CO-ORDINATOR

Sarah Khan MANAGER OF PRODUCTION

12

Helen Pearce CO-ORDINATOR

Hannah Yarkony GRAPHIC DESIGNER

Miguel Cea

ON THE COVER

CONTRIBUTING WRITERS

12

New Horizon Development Group

Joanne Keenan Jeffrey Reed

Find your here and now – and future – at Trend Living in Waterdown #500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867

trending

advice

14

37

18 26

Losani Homes

Knocking it out of the Park during awards season

Market Watch

Southwestern Ontario new home market

Fair Housing Plan

Ontario takes action on housing affordability

23

28 HHHBA

2016 Awards of Distinction

city focus

32

Grimsby

A combination of natural surroundings and modern development

6 YPNEXTHOME.CA

Thank goodness for the housing sector

buyers’ resource section

15

Hot Properties Hamilton

New releases and grand openings

Hot Properties Kitchener-Waterloo & London

New releases and grand openings

36

ypnexthome.ca

Fundamentally Speaking

Mortgage Rates

in every issue

10

Editor’s Note

35

Advertiser Index

38

What’s Online

ADVERTISING Call 416.626.4200 for advertising

rates and information Office hours are Mon-Thurs. 9-5; Fri. 9-12 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 2017 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.

Welcome to Vista Ridge! This master-planned community is located on the beautiful Beamsville Bench, a few minutes’ drive to Beamsville’s town centre. The community will consist of four distinct neighbourhoods with a community park. The first neighbourhood with singles & townhomes opens spring 2017!

TOWNS & SINGLES from the $400’s

ONTARIO

REGISTER NOW MyVistaRidge.ca LN

HILLSIDE DR

ABERDEEN RD

SITE LAVE NDER

st

hixon st

MO UN TA IN

st

st CASSANDRA DR

kin g

4008 Mountain Street, Beamsville

MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 7

JOIN WE WANT TO SEE YOU AT

WALK

OF LIFE

BE PART OF THE BIGGEST TEAM AT THE WALK OF LIFE

The Mikey Network is working to create awareness about heart healthy education and providing free tools to educate Canadians on how to perform CPR and operate a Mikey AED. Join TEAM MIKEY for a day full of fun activities – all dedicated to raising funds and awareness.

People of all ages and abilities are coming together in their choice of a 1K, 3K, or 5K Walk, 5K or 10K Run, chair exercises, and lots of fun Kids Activities.

Saturday, May 27, 2017

Ontario Science Centre and E.T. Seton Park

JOIN US AND RAISE MONEY FOR THE MIKEY NETWORK If you can’t join us for the Walk, then please consider making a donation!

REGISTER FREE 8 YPNEXTHOME.CA

mikeynetwork.com

COMINGSOON!

SOPHISTICATED CONDOLIVING in the coveted village of Fonthill NIAGARA FALLS

TORONTO

06

RICE R

RD

D

REGISTER AT mountainview.com/register.php

20

HWY 4

STATION

905.688.3100

HWY

PORT ROBINSON RD MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 9

Editor’s Note

Let’s celebrate the excellence

WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

FORGET THE ONTARIO HOUSING PLAN, the provincial budget and all the questions about uncertainty, supply issues and other challenges facing the new home market.

This is a time to celebrate.

The Hamilton-Halton Home Builders’ Association recently conferred its annual Awards of Distinction, honouring the highest levels of achievement in the home building industry. This year’s awards cover building, design, promotion and marketing in the new home, renovation, marketing, sales and design.

When you see the excellence the industry has to offer, it’s hard to argue that builders and developers in the Hamilton and Halton area are among the best – anywhere.

From Homes by DeSantis winning Project of the Year, Mid- Highrise, for AquaZul; to Losani Homes winning Project of the Year, Lowrise,for Central Park, and all the award-winning developments in between, SWO home builders boast a wide variety of home styles, sizes and price points to suit just about any taste.

ONLINE

SEE MORE PHOTOS ONLINE

History and atmosphere abound downtown, and a strong sense of community pride bonds residents.

Read the full story…

ypnexthome.ca/grimsby

+ get social 10 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

LAST CHANCE TO PURCHASE BY THE LAKE!

FINAL RELEASE – OPENING MAY 2017

NEW SMARTSUITE™ DESIGNS WITH UNOBSTRUCTED LAKE VIEWS • • • • •

ENJOY FABULOUS AMENITIES Welcoming Loggia Entry Outdoor Pool and Lounge Exquisite 2 Storey Lobby and Mezzanine Theater Room Club Room overlooking the pool and courtyard with breathtaking vistas of the lake

* Mid-rise Project of the Year award was accompanied by two other prestigious product awards for Best condominium unit under 750 sq.ft. and Best Kitchen Concept in a Mid/High Rise.

REGISTER NOW FOR PRIORITY ACCESS

AquaZulcondo.ca LAKE ONTARIO

NO

10 WINDWARD DR. QUE EN ELIZ ABE SO TH W UT H AY

RT

H

SE

D.

CASABLANCA BLVD.

IC E RV SE R

RVI CE

RD.

Prices and specifications subject to change without notice. E.&O.E.

REGISTER NOW!

$200s

STARTING FROM THE LOW

Easy access to the Grimsby Casablanca Station slated for completion 2021.

PRESENTATION CENTRE 10 Windward Drive, Grimsby ON Mon-Thu: 1pm-7pm Fri: By Appointment Only Sat-Sun: 12pm-5pm Phone: (289) 235-8541 Email: aquazul@homesbydesantis.com

Rendering is artist’s concept. Prices and specifications subject to change without notice. Go Transit is a registered trademark of Metrolinx and is not affiliated with Homes by DeSantis or Aquazul. E.&O.E.

MID-RISE PROJECT OF THE YEAR* HHHBA 2017

Property Profile | NEW HORIZON DEVELOPMENT GROUP

cover story

Find your here and now – and future – at

Trend Living in

WATERDOWN Location

Waterdown Builder

New Horizon Development Group Development

Trend Living Home Type

Midrise condominiums Contact

trendliving.ca 12 YPNEXTHOME.CA

EVERY ONCE IN A WHILE, along comes an opportunity that you just know you can’t pass up. And in the context of buying a home, great location, up and coming community, reputable home builder and unbeatable value top the list of things to look for.

Welcome to Trend Living, the latest condo development from New Horizon Development Group, in the increasingly sought-after town of Waterdown.

And if you didn’t think things couldn’t get much better, consider this: in New Horizon, you’re not buying from just any builder – you’d be buying from an awardwinning builder. Just last month, the company won its latest accolade: The Hamilton-Halton Home Builders’ Association’s Award of Distinction for Best Condominium Concept, 750 to 1,200 Sq. Ft., for Sapphire in Stoney Creek.

So, you know you’re getting the same home building excellence and gold star customer service that New Horizon has applied across the board – in all its communities and every one if its new homes and condos – since 1993.

At Trend Living, what awaits you is not just a condo, but a real community – three 12-storey tiered buildings and one six-storey building, all comprising more than 700 units.

In what will be the first offering of a modern new condo development

in Waterdown, Trend Living suites will range from 500 to 1,000 sq. ft., priced from $239,990.

Enjoy a family-friendly community, attractive to younger couples and singles. Waterdown is a suburban homeowner’s dream, with a beautiful downtown area boasting small, independent shops and restaurants located in historic buildings. An array of groceries, health foods stores, gyms and the beautiful Kerns Park means everything you need is close by.

But if you want to venture out,

Trend Living’s location on Dundas Street (Hwy. 5) with easy access to Hwys. 407, 403 and 6 and the QEW, means travel in any direction is a breeze. You’re just minutes from Brant Street, the GO station, downtown Waterdown and neighbouring Burlington.

New Horizon will be releasing the first of Trend Living’s four buildings this summer. Be among the first to receive more information by registering at trendliving.ca MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 13

Trending

Losani Homes knocks it out of the Park during awards season IT’S AWARDS SEASON in the home building industry, and Losani Homes has been hitting it out of the Park – notably, for Central Park in Hamilton.

At the 2016 HHHBA Awards of Distinction on April 20, 2017 Losani Homes was honoured with 10 awards for its Central Park master-planned community in Hamilton. Central Park was awarded the coveted Project of the Year Award for a lowrise development, as well as the Marketing Award of the Year, in addition to eight other creative and product related awards.

At the BILD Awards on April 28, the Losani Family Foundation was awarded the coveted Stephen Dupuis Humanitarian of the Year Award for the foundation’s extensive charitable work. Over the past several years, the Losani Family Foundation has found the perfect partner in WE (formally Free the Children) to create tangible change both locally and abroad.

MORE TRENDING ONLINE ypnexthome.ca/news

Losani Homes which celebrated its 40th year in 2016.

Recent awards » 2017 BILD Awards – Stephen Dupuis Humanitarian of the Year Award – Losani Family Foundation » 2016 HHHBA Awards – Project of the Year – Central Park » 2016 HHHBA Awards – Marketing Award of the Year – Central Park » 2016 HHHBA Awards – Best Project Logo – Central Park » 2016 HHHBA Awards – Best On-Site Sales & Marketing Package – Central Park » 2016 HHHBA Awards – Best Sales Office – Central Park » 2016 HHHBA Awards – Best Bathroom in a Home 2,000 sq. ft. & over – Central Park, The Corsica » 2016 HHHBA Awards – Best Kitchen in a Home 2,000 sq. ft. & over – Central Park, The Corsica » 2016 HHHBA Awards – Best Exterior in a Home 2,000 sq. ft. & over – Central Park, The Corsica » 2016 HHHBA Awards – Best Single-Family Home 2,000 sq. ft. & over – Central Park, The Corsica » 2016 HHHBA Awards – Best Townhome under 1,600 sq. ft. over – Central Park, The Parkside » 2017 Hamilton Chamber of Commerce - Outstanding Business Award for a Large Business » 2017 The Nationals Sales & Marketing Awards – Gold Award for Building Community Spirit » 2017 Hamilton Consumer’s Choice Award – Top Home Builder » 2017 Canada’s Best Managed Companies – Platinum Club Member » 2016 OHBA Awards – Best Video Low-Rise Project – The Woodlands Ancaster » 2016 OHBA Awards – Best New Home Sales Office – The Woodlands Ancaster » 2016 Hamilton’s Consumer’s Choice Award – Top Home Builder » 2016 Canada’s Best Managed Companies – Platinum Club Member 14 YPNEXTHOME.CA

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 FOOTHILLS OF WINONA By: DiCenzo Homes City: Winona Housing type: Towns, semis and singles from the $400’s dicenzohomes.ca

FOCUS TOWNS By: New Horizon City: Brantford Housing type: Stylish towns in a forested setting focustowns.ca

AQUAZUL By: Homes by DeSantis City: Grimsby Housing type: Final phase of condominiums from the $200’s aquazulcondo.ca

VISTA By: VanKleef Development Group City: Hamilton Housing type: Condos starting from $199,900 vistaoncharlton.ca

ON THE RIDGE

VISTA RIDGE

EXPLORE

By: Losani Homes City: Beamsville Bench Housing type: Towns from $300’s, singles from $400’s myvistaridge.ca

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

ALCONA SHORES

By: New Horizon City: Stoney Creek Housing type: Waterfront condominiums from $199,999 sapphirecondos.ca

CENTRAL PARK

FALLINGWATERS

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

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

By: Losani Homes City: Paris Housing type: Townhomes from from the $300’s simplygrandtowns.com

TIFFANY HILL

SUMMERLEA WOODS

SIMPLY GRAND

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

By: Empire Communities City: Binbrook Housing type: Townhomes from the mid $300’s and detached homes from the low $400’s summerleawoods.com

MERRITTON COMMONS

LIFE

By: Phelps Homes City: St. Catharines Housing type: Attached bungalows and bungalow towns phelpshomes.com

By: Losani Homes City: Hamilton Mountain Housing type: Two- and three-storey towns from the $400’s losanifallingwaters.com

THE GATSBY By: New Horizon City: Hamilton Housing type: Condos from the low $200’s gatsbycondos.ca

By: Branthaven Homes City: Winona Housing type: Luxury townhomes from the low $400’s branthaven.com

By: Branthaven Homes Location: Grimsby Housing type: Waterfront townhomes and condos lakehouselife.ca

SAPPHIRE

By: Bayview-Wellington Homes City: Innisfil Housing type: Luxury singles on 32-, 45- and 48-ft. lots myalcona.com

By: Losani Homes City: Hamilton Mountain Housing type: Townhomes from the $300’s mycentralpark.ca

LAKE HOUSE

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

AVALON By: Empire Communities City: Caledonia Housing type: Townhomes from $239,990 and detached homes from the mid $300’s empireavalon.com

THE WOODLANDS ANCASTER By: Losani Homes City: Ancaster Housing type: Singles on forest court lots from the $500’s woodlandsancaster.com

PURE By: Branthaven Homes City: Milton Housing type: Two-storey freehold townhomes branthaven.com

new openings AFFINITY CONDOMINIUMS By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Condos from the low $300’s affinitycondo.com

THE WEST By: Adi Developments Location: Burlington Housing type: Luxury boutique condos from the $190’s adidevelopments.com

THE PRESERVE By: Mattamy Homes City: Oakville Housing type: Executive condo townhomes from the mid $800’s mattamyhomes.com

STATIONWEST By: Adi Developments Location: Burlington Housing type: Three-storey townhomes at Aldershot Go Station adidevelopments.com

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

Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca 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

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 LOCATION BUILDERS

SITES

PRICES

PAGE

Ancaster

LOSANI HOMES

The Woodlands Ancaster

•

•

from $900's

7

Beamsville

LOSANI HOMES

Vista Ridge

•

•

from $400's

7

Brantford

EMPIRE

Wyndfield

•

•

Brantford

NEW HORIZON

Focus Towns

Caledonia

EMPIRE

Avalon

Grimsby

BRANTHAVEN HOMES

Lake House

•

from $400's

•

from low $200's

22

•

2&3

20&21

ADVERTISERS Grimsby

HOMES BY DESANTIS

Aquazul

Hamilton

BRANTHAVEN HOMES

Explore

•

from $300's

20&21

Hamilton

LOSANI HOMES

Fallingwaters

•

from $500's

7

Lincoln

LOSANI HOMES

Lincoln Estates

from $400's

7

Niagara

BW HOMES

Passages on the Canal

Niagara Falls

EMPIRE

Imagine

Niagara Falls

MOUNTAINVIEW HOMES

One Twenty

Paris

LOSANI HOMES

Simply Grand Encore

•

•

from $300's

7

Paris

LOSANI HOMES

The Peninsula

•

•

from $300's

7

Waterdown

NEW HORIZON

Trend Living

Winona

BRANTHAVEN HOMES

Life

•

•

11

•

5

•

2&3

•

•

•

9

from $239,990

from low $400's

19

20&21

Halton / Hamilton / Wentworth / Niagara:

•

OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE

2&3

17

Trending

Southwestern Ontario new home market

By Phong Ngo

NEW HOME INVENTORY LEVELS remain low across the Greater Golden Horseshoe, including some of Southwestern Ontario’s major markets. Hamilton had a total of 520 units available for sale as of the end of the first quarter of 2017, a drop of 19 per cent from the end of previous quarter.

Waterloo saw its available inventory decrease by 42 per cent over the same period, while Niagara Falls had a 76-per-cent decrease. Some markets did gain inventory

Hamilton

Grimsby

1M+

$

Apartment 1,006 sq. ft.

Niagara Falls

Average New Home Prices

1M+

1M+

$

Apartment 1,034 sq. ft.

Detached 40-49 ft.

1,743 sq. ft.

Cambridge

Detached 50-59 ft.

2,170 sq. ft.

Townhouse 1,714 sq. ft.

$200's

Welland

Average New Home Prices

1M+

$

$322,612

Detached 40-49 ft.

2,624 sq. ft.

$1,004,995

Apartment 798 sq. ft.

$845,525

$350,233

Townhouse 1,678 sq. ft.

$200's

$500's

$672,974

$579,276

$584,990

$500's

Detached 30-39 ft.

2,143 sq. ft.

Townhouse 1,842 sq. ft.

Average New Home Prices $

$500's

$200's

Apartment 1,318 sq. ft.

1M+

$

1M+

$500's

Kitchener

Average New Home Prices

1M+

$468,175

Townhouse 2,088 sq. ft.

$596,967

$470,763

Detached 60-69 ft.

3,375 sq. ft.

$200's

Average New Home Prices

$

$500's

$779,990

$564,817

Detached 40-49 ft.

1,425 sq. ft.

$991,800

$500's

$548,900

$500's

$

Brant & Brantford

Average New Home Prices

Detached 50-59 ft.

3,659 sq. ft.

Detached 60-69 ft.

2,977 sq. ft.

Apartment 844 sq. ft.

$200's

$371,779

1M+

$

Apartment 1,026 sq. ft.

Townhouse 1,659 sq. ft.

Centre Wellington

Average New Home Prices

$622,360

Townhouse 1,407 sq. ft.

$492,400

Waterloo

Detached 60-69 ft.

2,450 sq. ft.

$343,212

Detached 40-49 ft.

2,697 sq. ft.

$200's

$852,546

Apartment 791 sq. ft.

$425,958

Townhouse 1,730 sq. ft.

$455,977

$399,942

Detached 60-69 ft.

3,699 sq. ft.

$1,109,150

$482,943

Detached 40-49 ft.

2,575 sq. ft.

$200's

$500's

$860,500

$1,502,990

$500's

$1,082,616

$500's

1M+

$488,457

$

Average New Home Prices

Townhouse 1,405 sq. ft.

Apartment 1,009 sq. ft.

$528,900

1M+

$200's

nexthome.yp.ca/news

Average New Home Prices

$

$200's

MORE TRENDING ONLINE

Guelph

Average New Home Prices

$200's

– Guelph increased from 96 to 115 units and Brant and Brantford went from 99 to 120 units.

The average price of the available inventory increased in most markets from end of Q4 2016 to end of Q1 2017.

Detached 40-49 ft.

1,528 sq. ft.

Source: Altus Group 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.

18 YPNEXTHOME.CA

A FIRST FOR

WATERDOWN Introducing trend living , a modern and stylish condominium development in the highly sought-after town of Waterdown.

Trend is conveniently located just minutes from restaurants, shops, Brant Street, Go Transit, major highways and more.

This is one

you’ll want to be a part of!

STARTING FROM

$239,990 Join the trend today at

Illustration is artist’s concept. Prices and specifications subject to change without notice. E.&O.E. MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 19

C

M

Y

CM

MY

CY

CMY

K

STYLISH TOWNS IN A FORESTED SETTING

COMING SOON TO BRANTFORD

REGISTER TODAY

54 Blackburn Dr. Brantford

Copyright © 2017 New Horizon Development Group. All rights reserved. Prices and specifications subject to change without notice E&O.E

22 YPNEXTHOME.CA

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

Housing type: Single-family homes at Hamilton Road & Commissioners Road East. stonecresthomes.ca

BAYFIELD • BLYTH • CLINTON GRAND BEND • INGERSOLL • LONDON MITCHELL • SEAFORTH • SHAKESPEARE ST.THOMAS • STRATFORD • TAVISTOCK TILLSONBURG • WINGHAM • WOODSTOCK

new openings

pre-registration

CASTLE ROCK PLACE

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 GRANGE HILL POINT By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums from the low $200’s reidsheritagehomes.com

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

new releases HAVELOCK CORNERS By: Senator Homes City: Woodstock Housing type: New release of 42- and 50-ft. singles from the low $400’s senatorhomes.com

BALDWIN PLACE FOX FIELD By: Fusion Homes City: London Location: Fanshawe Park Road West and Foxwood Avenue

WESTWOOD MEWS By: CountryGreen Homes City: Kitchener Housing type: Urban townhomes up to 1,365 sq. ft. countrygreenhomes.com

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

ISHERWOOD AVENUE CONDOS By: Activa Group City: Cambridge Location: 25 Isherwood Avenue Housing type: Condo community activagroup.ca

CLAIR MEADOWS By: Gatto Homes City: Guelph Housing type: Townhomes and singledetached homes gattohomesinc.com

Housing type: Single-family homes from $482,900 fusionhomes.com

Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca

By: Tillsonburg Developments City: Tillsonburg Housing type: Final phase of detached freehold bungalows from $277,000. baldwinplace.ca

new openings THE ENCLAVES OF UPPER CANADA By: Menkes City: Georgetown Housing type: New release of 40-ft. lots from the low $800’s menkes.ca

VICTORIA COMMON 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

MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 23

24

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

Guelph REID'S HERITAGE HOMES Corporate • BC

Innisfil BW HOMES Alcona Shores • 4

Tillsonburg TILLSONBURG DEV. Baldwin Place • • from $277,000 27

STRATFORD, WOODSTOCK, INGERSOLL, TILLSONBURG, ST. THOMAS, STRATHROY, MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR

PRICES

London / Halton Hills / Wellington / Waterloo:

LOCATION 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 PAGE

25

Trending

Ontario takes action on housing affordability THE ONTARIO GOVERNMENT is

taking action on housing affordability for homebuyers and renters by introducing the Fair Housing Plan.

With the intent to help more people find an affordable place to call home, 16 measures are designed to bring stability to the real estate market while protecting the investment of homeowners.

“A strong housing market reflects Ontario’s strong economy,” says Charles Sousa, Ontario minister of finance. “However, everyone deserves housing choices that are affordable. Ontario’s Fair Housing Plan is a thoughtful way to address the recent price increases in our housing and rental market so that affordable housing is available to people and meets the diverse needs of our communities.”

Key among the measures is a 15-per-cent Non-Resident Speculation Tax (NRST) on non-Canadian citizens, non-permanent residents and non-Canadian corporations buying residential properties containing one to six units in the Greater Golden Horseshoe (GGH).

Ontario’s economy benefits from newcomers who decide to make the province home. The NRST would help to address unsustainable demand in this region, while ensuring Ontario continues to be a place that welcomes all new residents.

Ontario’s Fair Housing Plan would also expand rent control to all private rental units, including those built after 1991, strengthening protections for tenants against sudden, dramatic rent increases. In addition, it would empower Toronto and potentially other interested municipalities to introduce a tax on vacant homes to encourage owners to sell or rent unoccupied units.

The province says it will also work 26 YPNEXTHOME.CA

with municipalities and other partners to identify provincially owned surplus lands that could be used for affordable and rental housing development.

Of primary concern is the recent dramatic price increases in the GGH, bringing affordability to “crisis” levels, some say. While rising prices reflect the economic strength of the region and have benefited current homeowners, the cost of buying or renting is creating a massive burden for too many people and families.

Ontario’s Fair Housing Plan includes an additional 12 measures, such as introducing a targeted $125-million, five-year program to encourage the construction of new purpose-built rental apartment buildings by rebating a portion of Development Charges.

The government will also work to better understand and tackle practices that may be contributing to tax avoidance and excessive speculation in the housing market, such as “paper flipping” – a practice that includes entering into a contractual agreement to buy a residential unit and assigning it to another person prior to closing.

The Fair Housing Plan will also include a new Housing Supply Team of dedicated provincial employees to identify barriers to specific housing development projects and work with developers and municipalities to find solutions.

Combined, the province says these new policies represent a substantial, multi-faceted plan to address Ontario’s rising housing costs so that families can access housing that meets their needs.

The market at a glance » After two consecutive years of double-digit gains, average home prices in the Toronto region reached $916,567 in March 2017, up 33.2 per cent from a year earlier.

Of primary concern is the recent dramatic price increases in the GGH, bringing affordability to “crisis” levels, some say.

MORE TRENDING ONLINE ypnexthome.ca/news

» RBC Economics recently highlighted that housing affordability in the Toronto area for the fourth quarter of 2016 was at its second-worst level on record since the mid 1980s. » To help Ontarians buy their first home, the province doubled the maximum Land Transfer Tax refund to $4,000 for qualifying first-time homebuyers, effective Jan. 1, 2017. » According to condo market research firm Urbanation, the average rent per square foot for new leases in the GTA condo market rose 11 per cent in the last quarter of 2016 compared to a year earlier, the fastest pace of growth since at least 2011. » Ontario’s average vacancy rate dropped to 2.1 per cent in the fall of 2016, from 2.4 per cent in 2015, the lowest vacancy rate since October 2003; in Toronto, the vacancy rate was 1.3 per cent, the lowest in 12 years.

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baldwinplace.ca MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 27

Trending

HHHBA

2016 Awards of Distinction THE HAMILTON-HALTON HOME BUILDERS’ ASSOCIATION (HHHBA) recently conferred the 2016

edition of its Awards of Distinction, recognizing the highest levels of achievement in the home building industry. This year’s awards cover building, design, promotion and marketing in the new home, renovation, marketing, sales and design in the Hamilton and Halton area.

Following is a list of winners selected from more than 200 nominees and were judged by Toronto, Guelph, Kitchener, Niagara and London area members who are directly involved with the related award categories.

CREATIVE AWARDS »

1 Best Project Logo

Losani Homes Ltd. Central Park »

2 Best Magazine Advertisement

Spallacci Group 101 Locke »

3 Best Newspaper Advertisement

Adi Development Group Inc. The West – Condos at Stationwest »

1

4 Best Newspaper | Magazine |

Feature Advertorial Marz Homes HPO Partnership »

5 Best Signage

Adi Development Group Inc. Stationwest »

6 Best Social Media Campaign

Marz Homes »

2

7 Best Website

Starward Homes (2014) Ltd. Scenic Trails »

8 Best On-Site Sales &

Marketing Package Losani Homes Ltd. Central Park »

9 Best Ingenuity in Marketing

Adi Development Group Inc. Stationwest

3 28 YPNEXTHOME.CA

» 10 Marketing Award of the Year

PRODUCT AWARDS

2,000 Sq. Ft. & Over

Losani Homes Ltd. Central Park

» 13 Best Sales Office

Losani Homes Ltd.

Losani Homes Ltd.

ACHIEVEMENT AWARDS

» 17 Best Kitchen in a Home

Central Park | Corsica

Central Park » 18 Best Exterior Concept

» Supplier of the Year Turkstra Lumber » Trade Company of the Year

» 14 Best Bathroom in a Home

Spallacci

Losani Homes Ltd.

Group 101 Locke

Central Park | Corsica » 19 Best Exterior on a Home

Shipway Stairs » 15 Best Kitchen in a Mid-High Rise » 11 Sales Team of the Year Marz Homes

on a Midrise

2,000 Sq. Ft. & Over

Under 2,000 Sq. Ft.

Homes by DeSantis Inc.

Sonoma Homes

Aquazul

Style Town Collection | The High Style

The Fairgrounds in Binbrook Ana Baotic, Rob Cecchetti and Margaret Uznanska » 12 Consumer Choice Award Marz Homes

» 16 Best Kitchen in a Home

» 20 Best Exterior on a Home

Under 2,000 Sq. Ft.

2,000 Sq. Ft. & Over

Sonoma Homes

Losani Homes Ltd.

Style Town Collection | The Elegance

Central Park | Corsica

4

5

1 6

1 7

8

9

10

11 MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 29

» 21 Best Condominium Concept

» 24 Best Townhome

» Best Renovation

Under 750 Sq. Ft.

Under 1,600 Sq. Ft.

$25,000-$50,000

Homes by DeSantis Inc.

Losani Homes Ltd.

Heartwood Renovations

Aquazul | Delano

Central Park | The Parkside

Leslie Avenue

» 22 Best Condominium Concept

» 25 Best Single-Family Home

» Best Renovation

750 – 1,200 Sq. Ft.

2,000 Sq. Ft. & Over

$50,000-$100,000

New Horizon Development Group

Losani Homes Ltd.

Heartwood Renovations

Sapphire | Crystal

Central Park | Corsica

Gwyn Court

» 23 Best Condominium Concept

» Best Renovation

» Best Renovation

1,200 Sq. Ft & Over

Under $25,000

$100,000-$350,000

Spallacci

Heartwood Renovations

Marz Homes

Group101 Locke | The Manhattan

Auchmar Road

Heritage Lane | The Century House

12

13

14

15

16

17

18

19

30 YPNEXTHOME.CA

» Best Renovation $350,000 & Over

» Best Custom Home Design

» 26 Project of the Year – Mid-

DeMarchi Homes Inc.

$3,000,000 & Over

Highrise Development

McNeilly Road

Carrothers and Associates Inc.

Homes by DeSantis

Marguerite House

Aquazul

» Best Custom Home Under $1,500,000

» Best Custom Home

» 27 Project of the Year –

Schuit Homes Inc.

$3,000,000 & Over

Lowrise Community

Lynch Residence

Zeina Homes Alphima

Losani Homes Ltd. Central Park

» Best Custom Home $1,500,000-$3,000,000 Girard Custom Homes Chedoke Avenue

MORE TRENDING ONLINE ypnexthome.ca/news

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27 MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 31

City Focus | GRIMSBY

Grimsby WHEN WAS THE LAST TIME YOU WERE

witness to tree-lined main streets?

This phenomenon, along with thriving rural areas, the Niagara Escarpment, Lake Ontario shores, proximity to Ontario’s wine region, 400 acres of parks and expanding highway access – all define “home” for the 27,000 residents in the town of Grimsby.

To say the picturesque town is resplendent with lifestyle opportunities is an understatement.

With lakeside locations and marinas, Grimsby boasts an excellent combination of natural surroundings and modern but comfortable development. Feel like a nice, quiet walk in the woods? There’s the Bruce Trail that winds along the Niagara Escarpment. In the spring, 32 YPNEXTHOME.CA

there’s the Hawk Watch, taking place at the Beamer Conservation Area. Numerous golf courses are only minutes away, as are facilities for hockey, soccer, tennis, softball, racquetball, swimming and curling.

Longtime residents as well as recent homebuyers are drawn to the picturesque settings, served by more than 100 businesses, new-home development and improving access to Hamilton and St. Catharines, and all other points around the Golden Horseshoe.

Indeed, Grimsby and nearby Stoney Creek are among the fastest-growing parts of the Hamilton region. In recent years, new condominiums have been built along the lakefront beyond the reach of the industrial

Hamilton Harbour. Builders – including Branthaven Homes, Losani Homes and Homes by DeSantis – have attracted local residents as well as those relocating from the Greater Toronto Area, thanks to greater affordability and quick access to the western GTA. Housing growth is taking place in the townhome and detached categories.

Greenspace is abundant, with more than 40 parks totalling 382 acres of land, 23 baseball diamonds, 19 soccer fields and 27 playgrounds.

Grimsby extends from the shores of Lake Ontario to above the majestic Niagara Escarpment with the QEW right at its doorstep. Located within 30 minutes of downtown Hamilton and St. Catharines, less than a one-

PHOTOS BY ANNE MARSHALL

Excellent combination of natural surroundings and modern development

Neighbourhood Profile DOWNTOWN GRIMSBY

History and atmosphere abound downtown, and a strong sense of community pride bonds residents. The Niagara fruitgrowing and wine country traditions began here, although points further east may have surpassed its industry in numbers, The vibe

hour drive from Toronto and the US border. Businesses and residents enjoy the ideal mix of a small town, community lifestyle, while maintaining easy access to several major urban centres.

In addition to small-town atmosphere, Grimsby is part of the Gateway to Niagara, offering much more than meets the eye. It is part of the many towns and villages that comprise the Niagara region, an area of 1,800 sq. km. that forms a peninsula of land between Lake Ontario and Lake Erie with a total population of 427,000.

With many on the move to newhome communities in Grimsby, the secret is out. The town offers quiet getaways from city living and an ideal location for commuters heading to Hamilton and Toronto or Niagara. Housing starts remain strong, and resales are performing well. Respected builders active in the area include Branthaven Homes and Homes by DeSantis, offering a good selection of new-home communities that offer luxury condos, detached and townhome living.

Like the rest of the Niagara region, Grimsby enjoys a thriving agricultural industry employing large numbers collectively. The area along the QEW, and above and below the Escarpment, is dotted with livestock farms, orchards, vineyards and greenhouses.

The greenhouse industry of Niagara boasts in excess of 18 million sq. ft. of space. Some 200 greenhouses and 75 food processing plants employ more than 6,000, with thousands more employed in related industries.

Horticulture is supported by extensive training programs through Niagara College’s Horticultural Centre, The Niagara Parks Commission School of Horticulture and The Horticultural Research Institute of Ontario (University of Guelph), all of which base programs in the Niagara Region.

Niagara’s grape industry produces more than 48,000 tonnes per year.

New wineries are an example of the region’s ongoing expansion in overall agricultural and food processing.

Increased popularity of grape and wine products has created a separate identity and a designated Wine Route that has been posted from Stoney Creek to Niagara Falls connecting 30 of the area’s 70 wineries offering tours and tasting. Hundreds of thousands of visitors tour this scenic route annually. The wine industry employs more than 5,000 people in wineries, retail and as suppliers and growers.

West Lincoln Memorial Hospital is located in Grimsby and serves 60,000 citizens in town and adjoining municipalities and is also the largest public employer. Larger hospitals with expanded services and facilities are located in nearby St. Catharines and Hamilton.

For culture, the September Art Festival and the Grimsby Art Gallery lure hundreds of artists and craftspeople, and thousands of visitors from all over Ontario and the U.S. to view the work of some of Canada’s most outstanding artists.

From its roots as a service centre to thriving agricultural industry, Grimsby has become a preferred locale to live and do business in Niagara.

Grimsby is where travelers to the area will first begin to see evidence that they’re in Ontario’s “banana belt,” as the orchards and vineyards that line the QEW begin to appear as soon as you leave Stoney Creek.

Meet the neighbours

Grimsby is family central, with couples with children comprising many households. A higher percentage are raising families here than elsewhere in the region, and even the province. .

In the area

Given that family life is central to Grimsby, it’s not surprising that the area is well served by schools – with five public elementary and two separate, a public and Catholic secondary school.

The good, the bad & the rest

Residents cite convenience and safety as the chief reasons to move to this community. There are plenty of local entertainment, dining and shopping options in town, and it’s a short drive to Hamilton or St. Catharines if you need a bigger-city fix.

Dollars & sense

Grimsby, like much of Niagara, is a steal compared to much of the GTA or even Guelph or KW. It’s another example of a place where relatively low housing costs can be well made up for in lifestyle choices,

MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 33

MAY 2017

Model Home Photo Compliments of Averton | www.averton.ca

Averton is actively creating modern, affordable luxury that pushes the boundaries of traditional home design. Every feature in an Averton home is designed with unparalleled craftsmanship and integrity to ensure it has a lasting connection to your lifestyle.

At Averton – design is everything.

Averton has been featured as “Model HOME Of The Month” as seen in the New Home Guide model home calendar

Ad Index

ADVERTISERS Bayview Wellington - Corporate

4

Bayview Wellington - Passages on the Canal

5

Branthaven Homes - Corporate

Empire Communities - Multi-Site

Homes by DeSantis - AquaZul

Losani Homes - Vista Ridge

Mattamy Homes - The Reserve

20 & 21

2&3

11

7

39

Mountainview Homes - One Twenty

9

New Horizon Homes - Focus Towns

22

New Horizon Homes - Trend Living

19

Reid’s Heritage Homes - Corporate

BC

Tillsonburg Developments - Baldwin Place

31

MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 35

Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.1

Alterna Bank

2.25

Bank of Montreal

2.6

Bank of Nova Scotia

2.9

CIBC

2.7

6 months

1 year

2 years

3 years

4 years

5 years

4.1 4.10op 4 6.30op

2.99 4.10op 2.79 6.30op 3.09 6.95op 3.29 6.50op 2.84 6.35op 3.14 3.14 6.35op 2.64 3 3.20op 3.14 6.70op

2.39 4.10op 2.74

2.54

2.57

2.74

2.64

2.65

2.68

3.19

2.54

2.59

2.69

3.09

3.39

3.89

4.64

2.79

2.54

4.09

4.79

3.04 2.29

3.65 3.39

4.39 4.09

4.64 2.49

2.64 2.94

2.64 2.84

3.19 2.94

3.29 2.99

3.04

3.39

2.64

2.74

2.79 2.39

3.34 2.64

3.99 2.74

4.44 2.74

2.84

2.54

2.57

4.64

3.24

3.49

3.69

2.69

6.95op 4.55 6.45op 6.95op

Equitable Bank HSBC Bank Canada

2.25

ICICI Bank Canada Manulife Bank

2.75 2.7

National Bank

n/a

President’s Choice Finan Royal Bank

2.7 2.7

TD Canada Trust

2.6

Tangerine

2.3

4.45 6.20op 4.45 4.4 6.70op

7.00op

2.99 7.00op 3.04 4.00op 3.19

TRUST COMPANIES Community Trust

n/a

6.5

3.14

3.25

3.95

4.39

4.64

Effort Trust

n/a

4.45

3.35

3.5

3.7

4.3

4.35

6.30op

6.30op

Home Trust

2.35

3.95

2.69

2.14

2.59

2.74

2.84

Investors Group Trust

n/a

4.2

3.14

3.09

3.39

3.89

2.84

6.50op

6.30op 3.09

3.39

3.89

4.64

2.74

2.64

2.84

2.74

2.89

2.95

2.99

2.89

2.64 2.99

2.64 2.99

2.84 3.1

2.84 3.14

3.2

3.65

4

4.5

2.79

3.39

3.89

2.69

3.04 2.85

3.15 2.95

3.89 3.05

3.89 3.15

2.39

2.49

2.59

2.69

MTCC

2.9

4.55

3.29

6.45op

6.50op

4 6.30op 6.2 6.40op 3.1 4.25 6.50op

2.79 6.30op 2.84 6.30op 2.64 2.89 6.50op 3.25 6.25op 2.84 6.30op 3.14 2.8 2.95op 2.39

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.28

Comtech Fire C.U.

2.6

First National Fin. LP IC Savings

2.7

Luminus Financial

3.25

Meridian Credit Union

2.3

PACE Savings & C.U. Parama Credit Union

2.65

Steinbach Credit Union

2.25

5.05

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 May 13, 2017. Prepared by http://www.FiscalAgents.com/mortgage/rates

36 YPNEXTHOME.CA

Advice | FUNDAMENTALLY SPEAKING

Thank goodness for the housing sector

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AFTER YEARS OF RUNNING at a deficit, the Ontario government recently tabled a balanced budget – the province’s first since the 2008-09 global recession. The 2017 Ontario Budget: A Stronger, Healthier Ontario, includes significant investments in health care and education, while also taking steps to address housing affordability.

And who or what does the province have to thank for this progress – besides, in its own words, a strong economy and responsible fiscal management?

Try the booming housing market of the last several years.

Indeed, rapid price escalation and high sales volumes have generated billions of additional HST and Land Transfer Tax revenues to the provincial government. Add to this, the spinoff revenues from the construction of new homes and 336,000 jobs supported by the housing sector.

“Last year, the Ontario government collected more through the Land Transfer Tax than the Gasoline Tax,” says Joe Vaccaro, CEO of the Ontario Home Builders’ Association. “The LTT alone provided $637 million in additional taxes to Ontario’s bottom line. The billions of new unexpected housing taxes from Ontario’s homebuyers helped deliver a balanced budget and are projected to increase and help balance future budgets. The province is clearly benefiting from this hot housing market.”

Whether future unexpected taxes from housing really do continue to increase and help balance future

budgets remains to be seen. This is for two reasons.

First, Ontario’s introduction of the Fair Housing Plan on April 20 seems to have caused an immediate chill in the market. Anecdotal evidence suggests buyers have already been spooked, unsure whether now is the time to buy, or to wait, expecting that prices may drop.

The second reason is that, despite that the Fair Housing Plan included a new non-resident speculation tax of 15 per cent on the price of homes in the Greater Golden Horseshoe and other measures, some observers suggest the plan and the budget don’t do enough – or soon enough – to address the issue of new home supply. “(The) budget clearly shows that the province has the ability to lower housing taxes,” says Vaccaro. “While new-home buyers helped to balance this budget, the reality is that they

need government action to improve housing affordability and housing supply. It is time to update the HST on new housing to match new market realities, and provide newhome buyers with some HST tax savings.”

If builders’ ability to build continues to be severely limited, so too will the resulting benefits – almost 200,000 people employed in the GTA alone, earning more than $11 billion in wages. Those are numbers, and facts, that benefit Ontario’s books now, but we can’t assume they will be there in the future.

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.

MAY 13 - 27, 2017 | NEW HOME & CONDO GUIDE SWO 37

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All renderings are artist concept. Content and images are property of Reid’s Heritage Homes unless otherwise stated. Please do not use content without obtaining permission. E. & O.E. May 2017