Southwestern Ontario New Home and Condo Guide - Oct 8, 2016

OCT 8 - 22, 2016 VOLUME 19, ISSUE 18, FREE

SOUTHWESTERN ONTARIO EDITION

MATTAMY’S

RIVER MILL

offers the best of Southwestern Ontario living INSIDE THIS ISSUE

CAMBRIDGE – WHERE HISTORY COMBINES WITH PROSPERITY

OHBA NAMES WINNERS OF 2016 AWARDS OF DISTINCTION

DRYWALL – THE LATEST CAUSE OF RISING HOME PRICES

CAN I AFFORD THIS HOME?

HOMES CONDOS COMMUNITIES

#ASKEMPIRE WE HAVE A FINANCE GUIDE FOR THAT. Whether you’re researching or have bought a new home, Empire’s comprehensive collection of resources will help you along every step of the journey. Visit our new website and discover the answers to all your homebuyer questions today.

Explore the possibilities at empirecommunities.com

contents OCT 8 - 22, 2016 | VOLUME 19 ISSUE 18

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill ASSOCIATE PUBLISHER

Anne-Marie Breen 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 Elisa Krovblit Lydia McNutt SENIOR ACCOUNT EXECUTIVE

Nina Downs nina.downs@ypnexthome.ca

12

SENIOR ACCOUNT EXECUTIVE

Dionne Fraser dionne.fraser@ypnexthome.ca SALES CO-ORDINATOR

ON THE COVER

12

Sarah Khan

Mattamy Homes River Mill marks Mattamy’s return to Cambridge

MANAGER OF PRODUCTION

Helen Pearce CO-ORDINATOR

Sandra Hanak-Vujnovic GRAPHIC DESIGNER

property profiles

advice

Miguel Cea

20 Losani Homes

32

CONTRIBUTING WRITERS

34

48 Cleaning Advice

Central Park brings a new community to Hamilton

38

New Horizon

Downtown Hamilton – the secret is out

Cochren Homes

The Greystones of Greenville custom homes

Quick Tips

Fall into your organizing groove 4 disgusting things you’re doing at home unknowingly

52 Fundamentally Speaking Take advantage of low mortgage rates – but carefully

Joanne Keenan Jeffrey Reed

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca

ADVERTISING Call 416.626.4200 for advertising

trending

buyers’ resource section

10

15

14

24

Home Building

New drywall duty the latest cause of rising home prices

Economy

Canadian economy poised to snap back after wildfires

New releases and grand openings

41

OHBA

OHBA names winners of 2016 Awards of Distinction

city focus

46 Cambridge

Where history combines with prosperity

6 YPNEXTHOME.CA

Hot Properties Hamilton

Hot Properties Kitchener-Waterloo & London

New releases and grand openings

51

Mortgage Rates

in every issue

8 51 53

Editor’s Note Advertiser Index What’s Online

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 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.

REGISTER NOW. THE REST IS A WALK IN THE PARK.

Coming Fall 2016 to Hamilton Mountain There’s a place for everyone in Central Park. Welcome to the most innovative and the largest master-planned community Hamilton has ever seen! Choose from distinct character-filled neighbourhoods with an inspired choice of lot types and designs built around a magnificent park next to nature and a stroll from shopping. Live near the Eco-trail Promenade where the 10 km East Mountain Trail Loop leads to the Eramosa Karst right next door and then on to the Bruce Trail. Every kind of home for every kind of family!

Towns from the low $300’s Singles from the high $400’s

REGISTER NOW MyCentralPark.ca

O PPRROONNTTO

ESE OM D NH MUANAR YO VES-I HENDE Y WON MOADME

HO RE

Pricing and specifications subject to change without notice. Rendering is artist concept. Map not to scale. E.&OE.

Editors' Notes

CAMBRIDGE & GALT

SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge

SEE MORE ONLINE ypnexthome.ca/downtown-galt

Neighbourhood focused One of the most exciting innovations at YPNextHome over the last few years has been creating Neighbourhood Profiles – comprising a wealth of data and information – from across the country. In every issue of New Home & Condo Guide, we’ll show you at least one of these featured neighbourhoods. And if you look online, you’ll find more than 2,800 neighbourhoods you can search as part of your experience on YPNextHome.ca. That’s a lot of information.

Our curated neighbourhood content provides a lively snapshot of some of Canada’s more popular neighbourhoods. These profiles have been researched and compiled by a nationwide team of writers and editors, and they include photos and, in some cases, exclusive video tours with local celebrities and well-known residents. Demographics, housing types and other information... all leading to listings in the area. Check it out and let us know what you think.

The burden of drywall

WAYNE KARL Senior Editor

Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

+ get social 8 YPNEXTHOME.CA

Yes, drywall – that ubiquitous but mostly unseen panel of calcium sulfate dihydrate used to make interior walls and ceilings – is about to add a significant chunk to new home costs. How? You can thank a party completely unrelated to the home building industry – Canada Border Services Agency (CBSA). As our story on page 10 discusses, CBSA in September arbitrarily slapped huge levies on drywall coming into Canada from the U.S. Duties ranging from 105 to 276 per cent were imposed immediately, delivering “detrimental effects” on Canadian businesses and economies. Just how detrimental? With

drywall producers announcing price increases as high as 50 per cent, builders can no longer absorb the tariff; buyers could be looking at home price increases of $10,000 or more – all within the last month. “We are urging the government to do what it can to alleviate this extraordinary burden on the industry, especially for those already with contracts in place, and on new homebuyers,” Canadian Home Builders’ Association CEO Kevin Lee told New Home & Condo Guide. Drywall may be a small part of what goes into a home, but with numbers this large, it’s the last thing we need.

Interact with us on social media: ypnexthome

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the good life, just better.

NOW OPEN! BREAKFAST IN YOUR GOURMET KITCHEN. SIPPING COFFEE ON YOUR BALCONY. BEACHSIDE DAYS. URBAN NIGHTS. DOWNTOWN DINING, BOUTIQUES AND SHOPS. A DAY AT THE MUSEUM. DINNER PARTIES FOLLOWED BY COCKTAILS IN THE PARTY ROOM. DESIGNER SPACES. THE VERY BEST IN QUALITY. THE REGION’S BEST LOCATION MINUTES TO THE COVETED LAKESIDE COMMUNITY OF PORT DALHOUSIE AND TRENDY DOWNTOWN ST. CATHARINES. YOUR HOME AT ELEMENTS... WHERE LUXURY IS STANDARD.

A MODERN CONDOMINIUM OFFERING LUXURY ONE AND TWO BEDROOM PLUS DEN PLANS, FROM THE MID

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289.929.1377 elementscondo.com SALES CENTRE: 218 LAKEPORT ROAD, UNIT 6, ST. CATHARINES

DOWNTOWN

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Trending

Exorbitant duty on drywall hurts business, homebuyers: CHBA PROVISIONAL DUTIES on gypsum board

(drywall) recently announced by the Canada Border Services Agency (CBSA) represent punitively high additional costs for business and homebuyers, according to the Canadian Home Builders’ Association (CHBA). CBSA invoked the Special Import Measures Act on Sept. 6, making a preliminary determination of alleged dumping with respect to certain gypsum board originating from the United States to western and northern Canada. Unfortunately, the ensuing duties, effective immediately, will have far reaching detrimental effects on struggling Canadian businesses and economies, CHBA says. “The scope of the anti-dumping investigation only considers the domestic market for drywall producers, not the impact on the rest of the industry and end-users,” says Kevin Lee, chief executive officer, CHBA. “There was not sufficient attention paid to the unintended downstream effects of this decision or the implications for the public interest. “These extremely high duties ranging from 105.2 to 276.5 per cent, on about half of the drywall sold in western Canada, will severely affect the businesses of drywall contractors, builders and renovators, who will face losses on contracts already in place for the months ahead. At a time when our governments are seeking to avoid further housing price increases, this duty will send both house prices and affordability further in the wrong direction.” “Supply shortages and higher costs for drywall are the last thing we need in the already vulnerable Alberta market,” adds Carol Oxtoby, a developer in Calgary. “We should be concerned that smaller companies may be forced into bankruptcy, as existing contracts may force them to fully absorb cost 10 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

increases. As the Alberta economy seeks to recover, a duty that harms businesses and damages affordability for homebuyers is a major step in the wrong direction. Worst of all, the impacts of higher prices and shortages will be felt severely in Fort McMurray, affecting the rebuild there so important after the fires.” “You already have a high-priced housing market in Greater Vancouver and the lower mainland,” says Nathan Stone, a builder in the BC Fraser Valley. “No one can afford further increases to construction costs. This increase will have a negative impact on new-home buyers and homeowners’ renovation projects. Many of our drywall companies are at serious risk with contracts already in place.” Although the duty is on imports to Canada’s western provinces, this issue will also be felt across Canada. “This is quickly becoming a national issue,” says Bob Finnigan, national president of the CHBA and a builder in Toronto. “We are already seeing ripple effects on price and warnings of supply restrictions in Ontario,

as uncertainty about the supply of drywall grows and Ontario plants potentially start to have to supplying the western markets. As we try to keep house prices contained in the GTA, increases in drywall prices and potential shortages will only make matters worse.” The CBSA decision on this came with an immediate imposition of the duties. While the process is ongoing and final determination is still months away, the negative impacts on industry and consumers of the duty are already being felt. “While we respect the process, suffering companies cannot wait (until January) to see the final decision on this,” says Lee. “Even if duties are reduced or eliminated in the end of the review process, or if we have to request a hearing into the public interest because the duties are upheld – the damage to industry will be done. In the meantime, efforts to reduce house prices and protect affordability, as well as those to support the economy as it seeks to recover, are being undermined severely.”

OPENING SOON. IT’S WORTH THE WAIT.

Intimate, contemporary and situated just steps to the lake, AquaZul is a fresh new condominium that offers an affordable and exciting lifestyle on Grimsby’s multi-million dollar new waterfront. Here Homes by DeSantis offers a wonderful selection of SmartSuitesTM that feature spacious designs, magnificent floor to ceiling windows and fashionable appointments. Resort-Inspired Amenities Outdoor Pool and Lounge • Exquisite 2 Storey Lobby and Mezzanine • Theater Room • Billiards Room Fabulous Club Room overlooking the pool and courtyard with breathtaking vistas of the lake

SmartSuiteTM units starting from the $200s

With direct access to the Grimsby Casablanca Station slated for completion 2021.

REGISTER NOW! AquaZulCondo.ca

Property Profile | MATTAMY HOMES

cover story

River Mill marks Mattamy’s eagerly anticipated return to Cambridge THE PLEASURES OF SMALL town

living in Southwestern Ontario are plenty. There’s the unmatched scenic appeal to appreciate throughout the four seasons, from deep greens to flame reds to immaculate whites. And with countless farmer’s markets, wineries, parks and streams, there’s no shortage of things to do or places to visit. Surely, Mattamy Homes considered these irresistible appeals when the company chose to return to Cambridge with its upcoming all 12 YPNEXTHOME.CA

detached community of River Mill. Situated alongside a private woodlot, family-friendly River Mill is an exclusive enclave of affordable detached homes conveniently positioned near the town of Hespeler and the junction of Hwys. 401 and 24. This puts homeowners near almost every imaginable service or amenity from big box retailers to quaint antique-markets. Mattamy is well known for creating thriving master-planned communities.

River Mill features many greenspaces, parks, playgrounds, plus walking and bicycling trails to complement the natural surroundings. You can also expect Mattamy’s attention to smalltown charm through friendly features such as generous front porches that harken back to a time when neighbours and passers-by would wave and catch up on local happenings. Mattamy’s specialized community master planning approach puts people ahead of cars, as you’ll notice

Location

Cambridge Builder

Mattamy Homes Development

River Mill Home Type

Detached homes from 30- and 36-ft., to 43- and 50-ft. Contact

mattamyhomes.com

when you visit any established Mattamy neighbourhood. A network of paths gives residents real options to driving. You’ll probably also notice gentle curves in the streets, designed specifically to reduce the speed of traffic. Cul-de-sacs are also designed into River Mill for those who prefer an even more calming and cosy environment. The streetscapes in Mattamy communities are also described as vibrant and cheerful. That’s a direct

result of the number of design choices and colour palettes made available to every homeowner. In River Mill, you’ll discover an inviting variety of detached home styles in a variety of sizes. You will find warm and inviting 30- and 36-ft. designs up to grand 43- and 50-ft. homes – each offering a healthy choice of floorplans and elevations. Mattamy’s designs always allow for larger, oversized windows providing more natural light to flood your home.

Mattamy also offers Architect’s Choice Options allowing you to personalize your floorplans to best suit your needs and wants and all work is fully warranted. In Mattamy’s state-of-the art Design Studio you’ll discover an astonishing selection of decor options to choose from, this allows for more personalized choice both inside and out. Register today for all the latest River Mill updates mattamyhomes.com OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  13

Trending

Canadian economy set to snap back after wildfires: RBC Economics

MORE TRENDING ONLINE ypnexthome.ca/news

CANADIAN ECONOMIC growth will

snap back after a second-quarter contraction and will get further lift in 2017 from rising energy prices, low interest rates and federal stimulus, according to the latest RBC Economics Outlook report. The RBC forecast calls for real Gross Domestic Product (GDP) growth of 3.7 per cent (annualized) in the third quarter of 2016, as rebuilding takes place in Alberta, followed by a slower 1.9-per-cent gain in the fourth quarter. “The Alberta wildfires and sharp pullback in oil sands production in May took the Canadian economy on a brief detour into negative growth,” says Craig Wright, senior vice-president and chief economist at RBC. “Yet the recovery should spur a similarly sharp rebound in growth in the latter half of this year and we anticipate that momentum will carry over into next year.” 14 YPNEXTHOME.CA

Canadian GDP growth is expected to accelerate to 1.8 per cent in 2017 from 1.3 per cent in 2016. With core inflation likely to hover around the Bank of Canada’s two per cent target, there is little reason for the central bank to take any action on interest rates. RBC expects the Canadian central bank to hold its overnight rate steady through the remainder of 2016 and 2017 as well. RBC projects that oil prices will gradually rise to $50 a barrel in 2016 and push higher toward $60/barrel in 2017. However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates. RBC expects the economies

of Alberta, Saskatchewan and Newfoundland and Labrador to contract further this year as the oil-producing provinces continue to struggle with low revenues and private sector restraint. Some of the recent weakness in Alberta from the wildfires in Fort McMurray should start to reverse in the second half of 2016. All other provinces except New Brunswick are expected to continue to expand in 2016, albeit at varying paces. “Momentum appeared to slow this spring in several oil-consuming provinces, including Ontario, Quebec and Manitoba, and we lowered our 2016 growth forecasts for eight provinces,” says Wright. “Our 2017 outlook shows more balanced growth across the country, with Alberta and Saskatchewan returning to positive growth and economic activity moderating in British Columbia.”

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 SIMPLY GRAND

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

ORIGIN By: Coletara Developments City: Milton Housing type: Multi-building midrise condo development coletara.com

PARADIGM By: Molinaro Group City: Burlington Housing type: Condo suites in midtown Burlington paradigmcondos.ca

CENTRAL PARK By: Losani Homes City: Hamilton Housing type: Towns from low $300’s, singles high $400’s mycentralpark.ca

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

WOODWAY TRAILS By: Eastforest Homes City: Simcoe Housing type: Singles from $327,900 and semis from $224,900 eastforesthomes.com

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

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

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

LIFE By: Branthaven Homes City: Winona Housing type: Townhomes from the $300’s branthaven.com

AFFINITY CONDOMINIUMS By: Rosehaven Homes Location: Aldershot, Burlington Housing type: Condos from the upper $200’s affinitycondo.com

EXPLORE By: Branthaven Homes & Ballantry Homes City: Stoney Creek Housing type: Townhomes exploretowns.com

THE LOFTS By: Surreal Homes City: Brantford Housing type: Lofts in a restored warehouse from $199,900 theloftsat85.com

AQUAZUL By: Homes by DeSantis City: Grimsby Housing type: Waterfront condominiums from the $180’s aquazulcondo.ca

SAPPHIRE By: New Horizon City: Stoney Creek Housing type: Waterfront

condominiums from $199,999 sapphirecondos.ca

THE BERKELEY CONDOMINIUMS

FALLINGWATERS

By: Carriage Gate Homes City: Burlington Housing type: 154-unit condo carriagegatehomes.com

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

new openings

TIFFANY HILL By: Rosehaven Homes, Homes by DeSantis & CDI Homes City: Ancaster Housing type: Detached homes and freehold townhomes tiffanyhill.ca

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

AVALON

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

THE KINGSWAY AT JORDAN VILLAGE By: Phelps Homes City: Smithville Housing type: Bungalow towns phelpshomes.com

STATIONWEST

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

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

THE WOODLANDS ANCASTER

ELEMENTS

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

PURE

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

CENTRE SQUARE

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

By: Homes by DeSantis City: Beamsville Housing type: Boutique and freehold urban towns from the mid $200’s centresquare.ca

LAKE HOUSE

Builders

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

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

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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

Aldershot

ADI DEVELOPMENT

The West

Ancaster

CARRIAGE GATE HOMES

Legacy Ancaster

Ancaster

LOSANI HOMES

Astoria Grand

Ancaster

LOSANI HOMES

Augusta

Ancaster

LOSANI HOMES

The Woodlands Ancaster

•

Beamsville

LOSANI HOMES

Vista Ridge

Brantford

EMPIRE

Wyndfield

Burlington

ADVERTISERS MOLINARO GROUP

PRICES

•

PAGE

from $190's

23

from $900's

18

from $300's

7

from mid $500's

7

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from high $700's

7

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from $400's

7

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2&3

Paradigm

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31

Burlington

ROSEHAVEN HOMES

Affinity Condominiums

Caledonia

EMPIRE

Avalon

Greensville

THOMAS COCHREN HOMES The Greystones

Grimsby

BRANTHAVEN HOMES

Lake House

•

from $400's

28&29

Grimsby

HOMES BY DESANTIS

Aquazul

•

from $200's

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Hamilton

LOSANI HOMES

Central Park

Hamilton

LOSANI HOMES

Fallingwaters

Hamilton

NEW HORIZON

The Gatsby

Jordan

PHELPS HOMES

The Kingsway at Jordan Village

Niagara

BW HOMES

Passages on the Canal

St Catharines

MOUNTAINVIEW HOMES

Elements

Stoney Creek

BRANTHAVEN HOMES

Explore

Winona

BRANTHAVEN HOMES

Life

from low $300's

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19

2&3

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from $1,400,000

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37

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from low $300's

7

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from high $400's

7

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22

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from mid $200's

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28&29

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from low $300's

29&29

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

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THE CEDARVALE - EL. A

Live the Legacy THIS IS YOUR LAST CHANCE TO RESIDE IN ONE OF ANCASTER’S MOST PRESTIGIOUS NEIGHB OURHO ODS Spectacular single family homes on 50, 55, 60 and 66’ lots featuring elegant interior and exterior styles, chef-inspired kitchens, gorgeous flooring options and spa-inspired master baths.

All surrounded by the lush, natural beauty of the Niagara Escarpment – yet close to the best shopping and every modern amenity. Only a few lots remain – this is your moment to live the Legacy.

LU X U R I O U S , D E S I G N E R H O M E S F RO M T H E $ 9 0 0 ’ S

CARRIAGEGATEHOMES.COM

A N C A ST E R

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.

18 YPNEXTHOME.CA

It’s in your journey

Ro s e h a ve n H o m e s b r i n g s yo u a 6 - s t o r ey condominium designed with unrivalled quality and attention to detail. Two stunning contemporary buildings rise above the treelined streets. Prepare yourself to experience the elevated lifestyle that is Affinity.

COMING THIS FALL From the low 300’s

Register at AFFINITYCONDO.COM

SALES CENTRE 348 PLAINS RD E, BURLINGTON

QEW

Plains Rd E

King Rd

N

Filmandale Rd

Waterdown Rd

Specifications are subject to change. Renderings are artist’s concept. Map is not to scale. E&O.E.

403

SALES CENTRE

North Shore Blvd E LAKE ONTARIO

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  19

Property Profile | LOSANI HOMES

23-ft. Two-Storey Town Collection - End Unit

Hamilton’s Central Park Bringing an inspiring new community to one of Ontario’s most sought-after residential markets this fall IMAGINE BEING PART of one of

four distinct, character-filled neighbourhoods in one of Ontario’s most sought-after residential markets. Imagine having a beautiful five-acre park right in your backyard where your family can spend quality time together. Imagine strolling along the desirable eco-trail promenade that connects you to the lush Eramosa Karst Conservation Area. Imagine skipping stones in your neighbourhood five-acre pond watching nature unfold. This is Central Park on the Hamilton Mountain, soon to be the largest 20 YPNEXTHOME.CA

and most innovative master-planned community in the country. Fred Losani, CEO, had a vision for Central Park from the moment he first walked the land. With almost 200 acres of protected Eramosa Karst Conservation Area right next door, this property had the scale, and the green grandeur of its New York namesake. Losani designed a grand Central Park with naturalized landscaping for people to play or just relax in the sun, with iconic features inspired by Central Park, New York such as the iconic Umpire Rock, The Carousel Trellis and the Ladies

Location

Hamilton Mountain Builder

Losani Homes Development

Central Park Home Type

Modern freehold townhomes and detached homes on 33- to 50-ft. lots Contact

mycentralpark.ca

23-ft. Two-Storey Town Collection

Modern Collection - Albion Model

This is Central Park on the Hamilton Mountain, soon to be the largest and most innovative master-planned community in the country. Pavilion. Central Park has a park at its heart, providing a unique characterfilled community that is more walkable, welcoming and unified than any other new home destination. Releasing this fall is Park Avenue, the first neighbourhood in Central Park. Park Avenue is right next door to the beautiful protected conservation lands of the Eramosa Karst. Featuring modern freehold townhomes and detached homes on 33- to 50-ft. lots makes Park Avenue a desirable neighbourhood within the community.

Following Park Avenue is: Madison, offering three-storey urban towns; Midtown, featuring two midrise condominium buildings and urban towns; and Soho, featuring six midrise condominium buildings. Furthermore, throughout the development will be commercial space for daily use. There is something for everyone at Central Park! Life at Central Park is a walk in the park, with modern amenities and conveniences right outside your front door. Premium education is within

walking distance; your child can walk to school all the way through elementary and secondary school. Entertainment is a short distance away, and the Valley Park Recreation Centre and the Heritage Green Sports Complex are nearby, offering skating, soccer, basketball and more. The new Upper Redhill Valley Parkway extension makes the location even more desirable. The Lincoln M. Alexander Parkway and the Red Hill Valley Parkway are moments away via the extension, providing quick access to the 403 and QEW. Commuting has never been easier from Hamilton Mountain. Explore endless nature near Central Park. Local conservation areas, including the Devil’s Punch Bowl Conservation Area, Felker’s Falls Conservation Area, the neighbouring Eramosa Karst Conservation Area and nearby Albion Falls, provide endless nature to explore. Whether on foot or bike, Central Park is the perfect place to call home with nature just outside your front door. This is Central Park, where friends come together, life is enriched and roots grow deeper naturally. Don’t miss your opportunity to be part of this ground-breaking community by Losani Homes. Losani Homes is celebrating its 40th Anniversary in 2016 and is recognized as one of Ontario’s most innovative and respected builder of new quality homes. For more information on Hamilton’s Central Park and to receive VIP Access, register now at mycentralpark.ca

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  21

Don’t miss our pre construction pricing!

Uncork New Memories in Jordan

Bungalow Towns

Now Selling! 31 Gateway Ave. Smithville, ON L0R 2A0 905-945-6978 Phelpshomes.com 22 YPNEXTHOME.CA

COMING SOON TO BURLINGTON. A MOST COVETED DESTINATION.

LUXURY BOUTIQUE CONDOMINIUMS at Aldershot GO Station

190’s

$

From the

Introducing The West, a bold new direction in luxury living at the highly successful Stationwest community. Located in the vibrant Aldershot Village, these glam condominiums are just minutes from downtown Burlington’s shops, restaurants and waterfront. CONCRETE-BUILT FOR DURABILITY, SAFETY & COMFORT

REGISTER NOW AdiDevelopments.com Follow us for the most recent updates PMA Brethour Real Estate Corp., Brokerage. Illustration is artist’s concept. Prices and specifications subject to change without notice. E. & O.E. Brokers Protected.

Trending

OHBA names winners of 2016 Awards of Distinction

MORE TRENDING ONLINE ypnexthome.ca/news OHBA Home Builder of the Year, Tridel

TRIDEL CAPTURED top honours when

it was named 2016 Ontario Home Builder of the Year by the Ontario Home Builders’ Association (OHBA) at the association’s Annual Conference in Collingwood recently. The Toronto-based company was the recipient of the award based on its commitment to building sustainable communities, its involvement and initiatives within its communities and its devotion to customer engagement and service. With more than 80 years of experience as a leader in the new home and condo industry, Tridel has built a reputation on its core values of being a responsible global leader and places a strong emphasis on the importance of collaboration with stakeholders to ensure they meet the needs of those who live in and around their communities. 24 YPNEXTHOME.CA

Tridel has built several complete communities that include residential and commercial space as well as community features that showcase the company’s commitment to longterm sustainability. Tridel buildings are designed and built to conserve more energy, water and resources than standard Building Code compliant buildings. In addition, Tridel is a strong advocate for community action and in 2009 Tridel initiated a program called BOLT (Building Opportunities for Life Today) – a collaborative community and industry initiative to connect youth-at-risk to careers in construction. Tridel has raised more than $1.2 million to provide 168 scholarships for this program to date. OHBA presented Amsted DesignBuild with the 2016 OHBA Ontario Renovator of the Year Award.

Based in Ottawa, Amsted DesignBuild emphasizes the importance of customer satisfaction while designing and building up to the highest industry standards and places a strong emphasis on giving back to the communities where they renovate. With more than 25 years of experience, Amsted has established itself as one of the most recognized custom residential specialists in Ottawa and this year the company earned its sixth consecutive Guildmaster Award which is given to members who have gone above and beyond the standard of building professionalism with their clients. In addition, Amsted recently celebrated its 25th anniversary with an initiative to undertake 25 community acts that give back to the neighbourhoods where they build and renovate homes.

Other Prestige Award winners: Project of the Year: Lowrise: Great Gulf for Summerlyn Village – Simcoe County

Project of the Year: High- or Midrise:

ARCHITECTURAL DESIGN

Minto Communities for Bside at Minto Westside - Toronto

People’s Choice Award: Branthaven Homes for Lake House – Grimsby

Most Outstanding Production Built Home (One storey) Gordon Tobey Developments Ltd. for: The Hawthorn – Brighton (credit to: Arriscraft International, Hollandale Nurseries Ltd., Clearsphere) Most Outstanding Production Built Home (Two storeys up to 2,500 sq. ft.) Reid’s Heritage Homes for: Net Zero Discovery Home “Townsend Craftsman” – Guelph (credit to: Building Knowledge Canada Inc., Owens Corning Canada) Most Outstanding Production Built Home (Two storeys 2,501 sq. ft. and over) RND Construction for: Riverpark Green “The Orchard” – Ottawa

Project of the Year – Lowrise

Great Gulf for Summerlyn Village – Simcoe County

Most Outstanding Attached MultiUnit Home (semi/townhome/ stacked) Zinc Developments Inc. for: 35 Wabash – Toronto Most Outstanding Custom Home (Up to 3,000 sq. ft.) Gordon Tobey Developments Ltd. for: The Twisted Willow – Brighton (credit to: Monaghan Lumber Specialties, Hollandale Nurseries Ltd., Clearsphere) Most Outstanding Custom Home (3,001-5,000 sq. ft.) Discovery Dream Homes for: The Towerhill – Peterborough Most Outstanding Custom Home (5,001 sq. ft. and over) Fourteen Estates Custom Homes for: The Bolton House – Pickering

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  25

Most Outstanding Midrise Building (4 - 10 storeys) Homes by DeSantis for: Aquablu – Grimsby (credit to: KNY Architects Inc., 52 Pick-Up Inc.) Most Outstanding Highrise Building (11+ storeys) The Tricar Group for: Azure – London and Minto Communities for: Minto Yorkville Park – Toronto (credit to: Page + Steele / IBI Group, Ferris and Associates, North Drive) Most Outstanding High- or Midrise Condo Suite (4+ storeys up to 800 sq. ft.) Adi Development Group for: Nautique Lakefront Residences “Norte” – Burlington (credit to: Cecconi Simone)

Project of the Year – High- or Midrise

Minto Communities for Bside at Minto Westside - Toronto

Most Outstanding High or Midrise Condo Suite (4+ storeys 801 sq. ft. and over) Tridel for: Scala “L5T” – North York

ROOM DESIGN Most Outstanding New Home Kitchen (New Lowrise Home up to 2,000 sq. ft.) Mountainview Homes for: Thundering Waters “Fallsview” – Niagara Falls Most Outstanding New Home Kitchen (New Lowrise home 2,001 sq. ft. and over) Castleform Developments for: 63 Yorkview – Toronto Most Outstanding High- or Midrise Condo Suite Kitchen

PROJECT IMAGE & ADVERTISING

Zinc Developments Inc. for: 35 Wabash – Toronto

Best Video Lowrise Project (1-3 storeys)

Most Outstanding New Home Bathroom

Losani Homes for: The Woodlands Ancaster – Ancaster (credit to: McOuat Partnership)

Fusion Homes for: Solterra “Belvoir B” – Guelph

26 YPNEXTHOME.CA

Best Video High- or Midrise Project (4+ storeys) Tridel for: SQ at Alexandria Park – Toronto (credit to: The Brand Factory) Best Use of Social Media Geranium Homes for: Corporate Community – Markham (credit to: Builder Insight Group Inc., The Morrison Group)

Best Project Logo Branding (For individual community logo) Great Gulf for: Summerlyn Village – Simcoe County (credit to: Builder Insight Group Inc.)

ON-SITE SALES PRESENTATION Best New Home Sales Office (Up to 1,500 sq. ft.) Losani Homes for: The Woodlands Ancaster – Ancaster (credit to: McOuat Partnership)

People’s Choice Award

Branthaven Homes for Lake House – Grimsby

Best New Home Sales Office (1,501 sq. ft. and over) Kylemore Communities/Angus Glen Development Ltd. for: The 6th Angus Glen “Kylemore Presentation Centre” – Markham (credit to: Mike Niven Interior Design Inc., The Brand Factory) Best Design/Decor Centre The Tricar Group for: Azure Sales & Decor Centre – London Best Interior Decorating - Model Home/Suite (Up to 2,000 sq. ft.) Kylemore Communities/Angus Glen Development Ltd. for: The 6th Angus Glen 2R + D – Markham (credit to: Mike Niven Interior Design Inc.) Best Interior Decorating - Model Home/Suite (2,001 sq. ft. and over) Mattamy Homes Ltd. for: Seaton Taunton Shelburne – Pickering (credit to: Q4 Architects Inc., Nak Design)

Best Website (Builder or Renovator) LIV Communities for: LIV Communities Corporate Website – http://www.livhere.ca (credit to: Impact North Inc.) Best Lowrise Ad Campaign (1-3 Storeys) Pemberton Group/Geranium Corp. for: Friday Harbour – Innisfil (credit to: The Brand Factory)

Best High- or Midrise Ad Campaign (4+ Storeys)

Best Lowrise Project Sales Brochure (1-3 Storeys)

Minto Communities for: Bside at Minto Westside “Bside Nissan Leaf Promotion” – Toronto (credit to: Kim Graham and Associates)

Branthaven Homes for: Lake House – Grimsby Best High- or Midrise Project Sales Brochure (4+ storeys) Minto Communities for: Bside at Minto Westside – Toronto (credit to: Montana Steele Advertising)

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  27

Advice | MORTGAGE ADVICE

Home insurance tips for winter By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

CANADA’S UNPREDICTABLE

winters can cause headaches for homeowners. Snow, ice and water can damage everything from your roof to foundation, so it’s important to compare home insurance quotes and pick a policy best suited to your dwelling’s features. Filing a claim can lead to increased rates, so be proactive in winterproofing your property. Talk to your insurance provider about what your policy covers. Keep your property maintained The Insurance Bureau of Canada (IBC) reminds that “a home insurance policy is not a maintenance contract,” meaning you’re responsible for general upkeep. It’s crucial to fix any minor damage to your home as soon as it occurs. Neglecting it means you’ll be held liable if it leads to greater damage. Going away? Check in early, check in often Some insurers will void your coverage if you leave your house empty and unmonitored for more than four consecutive days. If you’re going away on vacation, ask a friend to regularly check to ensure your home is properly heated so the pipes don’t freeze, and that heavy snow, ice and debris is cleared. Clear snow and ice Accumulation of heavy snow can damage your home’s roof, walls and foundation. Flat roofs are especially vulnerable to collapse, while sloping 30 YPNEXTHOME.CA

roofs create ideal conditions for ice dams. Icicles may be pretty, but they can potentially tear off your gutters and roof shingles and allow snowmelt to seep into your interior walls. Shovel out window wells, outdoor stairwells and clear away snow from the foundation.

fix. Wrap insulation sleeves around pipes in unheated or outdoor areas, draining any exterior pipes and hoses to prevent ice buildup. Unexpected power outages can cause indoor temperatures to dip, so if your home will be empty and you’re feeling extra cautious, turn off the water at the source and drain the pipes. .

Minimize personal liability Keeping your driveway and sidewalk clear of snow and tossing salt or sand on icy patches protects everyone from injury. Your policy’s personal liability portion provides coverage for injury or damage to others sustained on your property, but there are many exclusions. Homeowners can be found negligent if they don’t exercise a “reasonable standard of care” in keeping a property safe.

Consider additional coverage Your standard home insurance policy won’t protect you from “uninsured perils”: predictable or preventable events such as landslides and earthquakes, damage from rodents and insects, almost any kind of flooding – including from freezing pipes and sewer backups. Some of these perils can be insured by buying extra coverage.

Protect your pipes Flooding from frozen burst pipes is the single biggest winter nuisance – and among the most expensive to

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.

Advice | QUICK TIPS

‘Fall’ into your organizing groove By Hellen Buttigieg

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WITH THE KIDS BACK at school, fall is the perfect time to de-clutter and get your home organized before the snow hits the ground.

What’s in your freezer? An organized freezer allows you to find and use what you have, prevents waste and saves you money. Freeze sauces, meats and berries in zipper freezer bags and use permanent marker to write the contents and date directly on the bags. Use sturdy, flat-bottomed freezer baskets to store the floppy freezer bags. Organize by category (frozen vegetables in one basket, sauces in another). Place new foods at the back of the freezer and use the oldest food first. Store your seasonal clothing Before storing them, ensure that they have been cleaned. Even if items appear clean after wearing, body oils can cause stains that set over a few months and may attract moths. Never store clothing in plastic bags for extended periods (even those that come from the dry-cleaners); they trap moisture and encourage mildew. Use cotton garment bags instead. Avoid storing clothes in cardboard boxes as acids in the cardboard can cause fabrics to yellow and the glue between the layers can attract insects. Use lidded plastic storage containers instead. Tuck some cedar blocks or shavings inside (it’s less toxic than moth balls). Always store the clothes in a cool, dry, dark and well-ventilated area. 32 YPNEXTHOME.CA

Maximize bathroom storage space Place items you use daily within easy reach, like on the countertop, in the top drawer or in a hanging organizer in the shower area. Store items used once or twice a week in the next most-accessible place, like the middle drawer or under the sink. Stash items used only once or twice a month in the back of the cupboard or in labeled boxes. For shared bathrooms, avoid turf wars by giving each person their own shower tote, which can be stored in the person’s bedroom when not in use. How do you file your paperwork? Some experts suggest placing new

paper behind previous ones (filing to the back) because it’s faster and easier to drop papers in the file that way. On the other hand, when you are looking for papers inside your files, you are more likely to need the most current ones, so you could access them faster if you filed them at the front. This just goes to show that organizing is not one size fits all; you need to find the systems that work best for you. Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit weorganizeu.com and sign up for the free newsletter.

Property Profile | NEW HORIZON DEVELOPMENT GROUP

Downtown Hamilton The secret is out WHAT BEGAN NOT too long ago as a faint rumble is now a

roar that can no longer be ignored. Are we talking about the sound of a Toronto-bound GO Train leaving the old TH&B station? No? Perhaps the bass line of a local garage band, an active participant in Hamilton’s burgeoning music and arts scene? Hardly. The roar we are talking about is coming from the economic and cultural lion that is the new downtown core of the city of Hamilton. At the forefront of this renaissance is New Horizon Development Group. A longstanding Hamilton mainstay, New Horizon has built a solid reputation in the Golden Horseshoe and beyond for building communities with picturesque settings, where savvy design and high quality craftsmanship 34 YPNEXTHOME.CA

provide convenience and comfort. Whether it is custom estates, planned neighbourhoods or condo developments, New Horizon has been driven to redefine buyer expectations for what a home can and should be. “Culturally and economically, Hamilton has long been a really wellkept secret,” says Jeff Paikin, president and co-founder of New Horizon. “But it’s safe to say the word is getting out. The Gatsby, which is the last building in the City Square trilogy, is sure to

Location

Hamilton Builder

New Horizon Development Group Development

The Gatsby Home Type

Condominiums Contact

gatsbycondos.ca

generate an incredible response from homebuyers. Towers I and II at City Square sold out incredibly fast. We’re expecting Tower III to be no different.” Slated for launch in October, The Gatsby is the final chapter in the company’s ambitious and awardwinning City Square development, not to mention Hamilton’s latest expression of sophistication and style. A design worthy of distinction, The Gatsby features a wide selection of cutting-edge suites, each one tailored to meet specific needs, complete with elegant finishes and cosmopolitan flair. Paying homage to its architectural past, The Gatsby will feature art deco-inspired style with the modern conveniences condo buyers demand. Stunning from the moment you

walk in, the lobby at The Gatsby is truly a sight to behold. Classic art deco design melds seamlessly with modern architecture and style to create an ambiance that is historic yet modern. New and inviting, while at the same time familiar and cosy. A welcoming space to greet both residents and guests alike, as they experience all this classic example of art deco has to offer. Modern, eclectic, electrifying, The Gatsby offers homeowners the best of all worlds. Giving you ample space to call your own in the heart of Hamilton’s most historic and soughtafter neighbourhood, everything is virtually at your doorstep. The Gatsby puts you within walking distance to cafes, restaurants, shopping, GO Transit and more. Surrounded by greenspace and leisure activities

galore and nestled amidst some of Canada’s premiere heritage architecture, it is the perfect place to call home! The Gatsby is marked to be the final tower in the City Square trilogy that is soon to rise in Hamilton’s revitalized downtown core. The City Square project began as a renewed commitment to the city of Hamilton and has blossomed into a renaissance ever since. Take advantage of your opportunity to experience the style and sophistication in the final phase of this truly groundbreaking development in the heart of the historic Durand District. To register for more information, visit gatsbycondos.ca

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  35

Advice | MAKE YOUR MOVE

Avoid being penny wise and pound foolish when planning your move By Chuck Resnick

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE’S AN OLD SAYING about

being penny wise and pound foolish, and I see this play out often in the moving industry. When anticipating moving your home or business, you have the option of hiring a moving company or doing it yourself. Although people assume DIY is the economical way to go, hiring a professional mover can, in fact, save you time, stress and even money. Think about it. By doing it yourself, you have to rent a truck, determine supplies/moving equipment and other incidentals. You need to transfer your possessions from point A to B safely and efficiently, and find helpers. Few are qualified or willing to get behind the wheel of a moving truck, so likely what you end up with is a cargo van, which requires more than one trip. You ask a few friends and/ or family members to help with the reward of cold beverages and pizza, but at the last minute, some of them do not show up. Those who do are probably not trained in things like how to lift boxes without hurting their backs. There is much more chance of injury when people move themselves. The most common reason why people opt for DIY is expense, because they assume that longtime, recognized, national brand movers are expensive. Relocation specialists offer skilled, trained, bonded, uniformed and experienced movers who have the same goal in mind as you — to move your items as quickly and as safely as possible. 36 YPNEXTHOME.CA

Many movers such as Two Men and a Truck Canada offer a free, no obligation in-home estimate so you know exactly where you stand should you choose to hire them. Many people don’t realize what it takes to move; you may be surprised at the cost and what it covers. If you hire professionals to pack as well, we have all the supplies that ensure safe traveling for all categories of possessions, from heavy books to fragile lamps. Our boxes, for example, come in standard sizes so they can be stacked in the moving van to maximize space. We have dollies, stretch wrap, blankets and ties for securing items to the van walls. The goal is to get everything in the truck secured, so it does not shift during travel. DIYers likely lack the knowhow to do this effectively. Even if you do decide to pack your own belongings, consider purchasing professional packing materials from a reputable mover.

Whether you are moving your residence belongings or transferring office furniture, equipment and files, moving specialists know what to plan for and how to arrange the logistics. You may have a narrow window of opportunity because of booking elevators in a condominium, for example. We make it our business to take on the headaches of the move for you. Moving is one of the most exciting — and stressful — life steps you can take. Enlisting a professional mover is a fabulous stress reducer. If you are planning a move, think through the steps needed and keep an open mind to your options. Sure, you can do it yourself, but do you really want to? Doing it yourself will likely cost you more in time, money and aggravation. When you look at the big picture, hiring professional movers may be one of the best relocation decisions you could make! Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. Visit twomen.ca

GUELPH

HWY 5

HWY 8

GREENSVILLE

HAMILTON

BROCK RD.

PETERS CORNERS

N HWY 6

DUNDAS

HWY 403

TORONTO

Property Profile | THOMAS COCHREN HOMES

The Greystones of Greensville Where custom details are only the beginning YOU CAN SCOUR TORONTO for a tear-

down or reno-from-top-to-bottom bungalow for $1 million-plus – or you can design your own custom-built Thomas Cochren home on an acre of land in the gorgeous countryside of Dundas for almost the same price. You’ll discover this rare opportunity within The Greystones, 13 custombuilt homes, atop the Niagara Escarpment in Greensville, mere minutes from the charming town of Dundas. The Greystones will be just six minutes to Starbucks where you’ll 38 YPNEXTHOME.CA

also find shops such as Picone’s, Detour Coffee, Quatrefoil, Nellie James, Horn of Plenty, galleries, parks, annual festivals and even an art school. It goes without saying that Greensville is surrounded by greenspace with Webster’s Falls just down the hill, the Bruce Trail and conservation areas nearby. In today’s marketplace with wildly rising prices in the GTA, Thomas Cochren Homes (TCH) is offering this opportunity to live in an exclusive community on the cusp of the city in

a custom dream home starting at $1.4 million – and have it move-in ready within a year. The amenities within will be just as outstanding as the surroundings. Under construction is a fabulous home notable for its copper chimney cap and cupola. Mahogany entrance and garage doors allude to the wonders inside this phenomenal façade of hand-chiseled, natural Pennsylvania fieldstone. All homes will begin with exterior finishes of natural stone, brick or cedar with architectural mouldings and trim. But the choice and ideas are always in the hands of the homebuyer as they work one on one with renowned architect John Williams of Williams Residential Design, who is using the Arts & Crafts era as inspiration. This is when your home can meet your needs with the addition of a home theatre, paneled library, indoor pool, workshop, dog

MORE PHOTOS ONLINE ypnexthome.ca/cochren-greystones

shower station, guest suite or a bar, wine cellar or tasting room complete with plumbing and millwork. Says company President Tom Cochren, “Custom homes aren’t restricted to monster homes of 10,000 feet or more.” Time, design and details are key ingredients of a TCH-built custom home. Those details continue with tongue-and-groove cedar porch ceilings, decorative chimney design, custom solid wood entranceway and carriage-style garage doors. Inside is where the true identity of buyers shines through with custom layouts and cabinetry selections in the kitchen, baths and laundry including stone counters. Trimwork includes feature archways, decorative coffered ceiling and crown moulding. Hardwood flooring is finished onsite, not in a factory, with natural stone tile in the foyer, baths, the laundry and mud room, plus solid oak staircases and railings. A freestanding tub and shower and heated floors are part of the luxury of every master ensuite, along with a gas fireplace with stone slab surround, hearth and custom mantel adding to the comfort of the family room. Central air, central vac and a heat recovery ventilator are also included. Forming three cul-de-sacs, these homes will be located where rolling hills tell their own story, and each of the 11 remaining lots offer their own unique features and topography. Homes will be tailored to their surroundings as is the custom way of TCH. Several are perfect for walkout features while others are ideal for an outdoor pool and outbuildings. A ravine setting for another lot challenges the imagination with a design that could appear to be a single level in front while dropping down several levels in the back for an outstanding vantage point. Clients of TCH generally are not new to the home building process. “We offer the custom touch they didn’t get before,” says Tom Cochren.

“We build and design from scratch to give them the home of their dreams – inside and out.” Buyers aren’t looking for model homes and a stack of plans to choose from. Unlike an urban setting, they’ve got 40,000 sq. ft. of land to work with and a home to design inspired by their needs and this setting. TCH also builds Energy Star homes offering 20 per cent more efficiency above building code requirements; and beyond to R2000 (50 per cent more energy efficiency) and ultimately Net Zero homes which are 80 to 100 per cent energy efficient above code. There is a rainwater collection cistern that can be used for irrigation. They also suggest small investments like under slab insulation and hydronic tubing rough-in for heated basement floors that can provide greater comfort and pay off in future energy costs. Thomas Cochren Homes recently received the 2015 Award of

Location

Greensville Builder

Thomas Cochren Homes Development

The Greystones Home Type

Custom homes on one-acres lots Contact

905.689.3204 info@thomascochrenhomes.com thegreystones.ca

Distinction for best renovation over $350,000 from the Hamilton-Halton Home Builders’ Association. The Greystones will showcase an exclusive community of oneof-a-kind custom homes where quality and craftsmanship are the cornerstones and where nothing else compares.

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  39

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OCTOBER 1416, 2016 New Ancaster Fairgrounds, 630 Trinity Rd at Hwy 2

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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

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

new releases HAVELOCK CORNERS

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

By: Senator Homes City: Woodstock Housing type: 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

By: Tillsonburg Developments City: Tillsonburg Housing type: Single-detached freehold bungalows from $244,500. baldwinplace.ca

WILDFLOWERS

VICTORIA COMMON

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

By: Losani Homes City: Kitchener Housing type: Final release of modern townhomes from the $300’s losanihomes.com

ISHERWOOD AVENUE CONDOS

ROSEMOUNT SEMIS

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

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

new openings

WESTWOOD MEWS

THE ENCLAVES OF UPPER CANADA

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

By: Menkes City: Georgetown Housing type: New release of 40-ft. lots from the low $800’s menkes.ca

By: CountryGreen Homes City: Kitchener Housing type: Semi-detached homes in the heart of Kitchener from $349,900 countrygreenhomes.com

CLAIRITY By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums from the mid $200’s reidsheritagehomes.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

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  41

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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

SITES

PRICES

PAGE

Cambridge

MATTAMY HOMES

River Mill

Guelph

REID'S HERITAGE HOMES

Clarity 2

Innisfil

BW HOMES

Alcona Shores

Kitchener

LOSANI HOMES

Victoria Common

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from mid $300's

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Paris

LOSANI HOMES

Simply Grand Towns

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from low $300's

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Tillsonburg

TILLSONBURG DEV.

Baldwin Place

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from $269,500

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Woodstock

SENATOR HOMES

Havelock Corners

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from $400's

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

BUILDERS

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

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IN ASE W H O N LP A N FI

BALDWIN PLAC E T IL LS O N BU R G

HOME

SWEET HOME

But Hurry!

BALDWIN PLACE

We’re proud to announce the FINAL PHASE of Baldwin Place, where everything comes together and everyone feels at home. Make your choice soon. It’s a decision you will never regret. All-brick, detached, freehold homes starting at $269,500 (incl.hst) 3 ESSELTINE DRIVE, TILLSONBURG MODEL HOME HOURS: OPEN MONDAY - THURSDAY & SATURDAY 10:AM TO 5:PM. SUNDAY 1:00PM - 5:00PM, CLOSED FRIDAYS & HOLIDAYS E.& O.E. Prices & Specifications are subject to change without notice.

Call us now at 1-800-265-5709 baldwinplace.ca

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  45

City Focus | CAMBRIDGE

CAMBRIDGE

Where history combines with prosperity for a vibrant community By Wayne Karl | Photos by Anne Marshall

IF YOU HAVEN’T BEEN TO CAMBRIDGE

lately, you’re in for a real surprise. No longer a sleepy little town formed from the amalgamation of the City of Galt, the Towns of Hespeler and Preston and parts of the Townships of Waterloo and North Dumfries – all of which boast rich history dating back to the 1800s – Cambridge is a thriving city with a population of approximately 130,000 and growing. Location is one of the most obvious advantages for Cambridge. Considered part of the Region of Waterloo, with a total population of about 539,000, the city is situated just off Hwy. 401, within easy reach of major metropolitan centres including Toronto and London and three U.S. border crossings at Detroit, Niagara Falls and Buffalo. In terms of economy, Cambridge is among the most industrialized areas in the country. In fact, it is one of the three point-towns that form “Canada’s Technology Triangle,” along with Kitchener and Waterloo. KWC today comprises one of Canada’s most diverse economies, evolving from a reliance on manufacturing into a balanced economy that crosses many sectors. The area boasts a thriving 46 YPNEXTHOME.CA

advanced science and technology sector and a highly skilled workforce in the IT, automotive, business and financial services sectors. All of this has the region poised for a strong performance, according to the Conference Board of Canada and other sources. Growth in the manufacturing and services sectors in KitchenerWaterloo-Cambridge is to post average growth of 3.4 per cent to 2015, the Board says. Such growth is expected to fuel continuing hikes in employment, population and housing starts. Indeed, the City of Cambridge forecasts the population will grow to 180,000 by 2031. Population for the Region of Waterloo is forecast to climb to 729,000 in this time. Unemployment, which climbed to 7.3 per cent in 2013 from 6.6 per cent in 2012, is forecast to fall to 7.0 per cent for 2014, according to Canada Mortgage and Housing Corp. Amenities – both natural and manmade – abound, with Cambridge residents enjoying the year-round splendour of the Grand and Speed Rivers, more than 50 kms of trails (more than half along its rivers), a dozen

recreation centres, four public libraries, plenty of parks and golf courses and an excellent school system. For those looking for postsecondary education, Cambridge is within easy reach of University of Waterloo, Wilfrid Laurier University, Conestoga College and University of Guelph. Cambridge’s distinct 19th century architecture is also worth noting, offering a beautiful backdrop for every day living as well as shopping, dining and fun-filled festivals such as Riverfest, the Cambridge Tour de Grand and an annual arts festival. The Cambridge Farmer’s Market is the third oldest in the country and ranked one of Canada’s top 10. You’ll find farm fresh fruits, vegetables, meat, eggs, cheese, baked goods, maple syrup, honey, homemade crafts in a bustling atmosphere. Cambridge also offers more than 365 hectares of parkland. Some parks offer reservable picnic sites and playing fields, while Mill Race Park provides a popular venue for wedding photos. A well-maintained trail system encourages residents to hike, bike, run and go horseback riding while the river

Neighbourhood Profile

East Galt Galt is the largest of the three smaller towns that amalgamated to form the City of Cambridge in 1973. Downtown Galt begins at the towering, Hogwartslike edifice of Galt Collegiate Institute near Samuelson and Water Street, and sits along the banks of the Grand River. Lifestyle It’s a slower pace here, owing partly to the older population, but this is still a lively downtown, busy by day and into the evening with shoppers, diners and those drawn to the neighbourhood for the river’s enticing features. While it retains somewhat of a gritty urban feel, this is still relatively small town Ontario. It’s actually a family friendly community on the cusp of gentrification. Vibe Old meets new in this architecturally and ethnically diverse community. The surroundings are beautiful, with a living history feel, which is why so many films and television series are filmed here. The Grand River dominates the core, appropriate considering the river and its many mills are what drew so many people to what was once the largest town around. The mills are now converted loft condos or shopping complexes.

provides a perfect place to kayak and canoe. At 12 recreational facilities, residents can dive into well-maintained indoor and outdoor pools, play pick-up hockey at the arenas, celebrate special occasions within the banquet halls and sign up for various activities at the seniors’ centres. The three historic core areas of Cambridge that make up the city – Galt City Centre, Preston Towne Centre and Hespeler Village – have all undergone revitalization projects in recent years. The strategy is multi-faceted, involving projects of different scopes and scales and many different stakeholders, with the intent to modernize the communities in a comprehensive and integrated manner and to account for the different needs and features of each area.

What does all this mean for prospective homebuying? The Real Estate Investment Network, for example, ranks Kitchener-WaterlooCambridge number two not just in Ontario but all of Canada. The group cites strong in-migration, good average incomes and job growth. Cambridge offers a variety of housing types, from single-detached homes to multi-residential communities. Mattamy Homes, Eastforest Homes, Haastown Holdings, Dunnink Homes and Decora Homes are builders with developments in Cambridge. In nearby Kitchener-Waterloo, all of CountryGreen Homes, Dunsire Developments, Mountainview Homes, Branthaven Homes, Empire Communities, Losani Homes, Reid’s Heritage Homes and Terra View Homes have developments.

In The Area Downtown Galt, like much of Cambridge, is a bargain compared to neighbouring cities such as Waterloo or Guelph. There are fewer hipster boutiques and cafes, but they’re here, charging less for their goods and services. Planes, Trains & Automobiles This is a highly walkable community, with most people living within a 15-minute stroll of downtown. Water Street is Hwy. 24, so commuters to Brantford and points south reach their destination in a matter of minutes. Heading north via Hespeler Road, it’s a 10-minute jaunt to the 401. Kitchener-Waterloo and Guelph are within easy reach, and there are GO and Greyhound buses in addition to Grand River Transit for public transportation. The Good, the Bad & the Rest Redevelopment of Civic Square means a variety of activities are staged downtown. The Public Library, art galleries and the Galt Little Theatre all enliven the downtown. Galt Arena Gardens, opened in 1921, is the oldest continuously operating rink in the world. Gordie Howe, Terry Sawchuk and Bobby Hull all passed through its doors. – Anne Marshall

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  47

Advice | CLEANING ADVICE

4 disgusting things you’re doing at home unknowingly people, pet hair, fungus, dust mites, allergens, food and dirt from the outside. “Carpeting is 4,000 times dirtier than the toilet seat. Just think about pets coming in from a walk or out of a litter box.” The fix: Use a good vacuum, preferably with a HEPA filter or a central vac. Steam clean carpeting once or twice a year, but not more. Too much moisture can encourage mould growth under the carpet.

By Elisa Krovblit

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AN EXPERT ON THE chemistry of

clean, Kim Dunn holds a degree in industrial microbiology and owns a Molly Maid franchise. She spoke with us about the disgusting things we’re doing at home – and it has us changing our ways. The first thing you need to be aware of, explains Dunn, is fomites. “Fomites are any contaminated inanimate object. We are surrounded by fomites – germ-holding things,” she says. So what are the worst culprits? You’ll be surprised – and more than a little grossed out by the things you’ve been doing! Disgusting thing you’re doing #1: Sponges The gross factor: A sponge has 10 million bacteria per square inch. “It’s as dirty as it smells!” she says emphatically. “It’s loaded with bacteria – Salmonella, E. coli, Pseudomonus – and has a surface area 1,000 times that of a cloth. Just think of all of those nooks and crannies. The toilet seat is cleaner than a cutting board wiped down with a dirty sponge – the sponge is 200,000 times dirtier.” says Dunn. The fix: It’s always moist and damp – and a rinse isn’t a cleansing,” she explains. Use a micro fibre cloths, which does the job and is much more sanitary. If you insist on using a sponge for more than a day or two (Dunn’s staff are instructed to toss sponges after two days) then you 48 YPNEXTHOME.CA

Disgusting thing you’re doing #4: The TV Remote need to disinfect them with one of these three methods: 1. Run them through the dishwasher 2. Soak them in a concentration of one part bleach to nine parts water for at least five minutes 3. Boil them in a pot of water at 60°C for five minutes (in the microwave or on the stove). Disgusting thing you’re doing #2: The Loofah Exfoliating is over-rated, but if you must do it, ditch the loofah and go with a body wash that includes an exfoliant. The gross factor: A person sheds 1.5 million skin flakes an hour. “Guess what’s stuck on that loofah? Staph aureus is a common bacteria on the skin, but Staph A on the inside isn’t a good thing.” The fix: You can’t bleach it, the best you can do is soak it in a 50/50 mixture of vinegar and water for at least an hour. It’s always in a humid area; if you have to use one, hang it up to help it stay dry between uses. Disgusting thing you’re doing #3: Wall-to-Wall Carpeting The gross factor: It’s a botanical zoo! Skin cells multiplied by the number of

The gross factor: They’re dropped on the floor, get sat on by people and pets, stuffed into dirty crevices of the couch and constantly touched by everyone in the family – and more often than not have grease stains (we don’t wash our hands when eating popcorn and change the channels). If we want to continue with the toilet seat comparison, the TV remote is about 4,000 times dirtier than the toilet seat. And if you haven’t wiped it down since the day you brought the TV home – then much, much dirtier. The fix: Once a week take a cloth slightly moistened with alcohol or a disinfectant cloth like a Lysol or Clorox wipe and wipe down the remote. In fact, the grunge factor goes for all the remotes in your home, plus things like the computer keyboard, the light switch and any other surface you constantly touch – however briefly. In love with design and decor, Elisa is senior editor of Conod Guide, Home Decor & Renovations, Renters Guide and Commercial Investor. When not searching out some unusual solutions to her century home’s reno projects, she’s busy discovering the next best thing in Toronto. Elisa.Krovblit@ypnexthome.ca

OCTOBER 2016

Model Home Photo Compliments of Eastforest Homes | www.eastforesthomes.com

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Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial Alterna Bank Bank of Montreal Bank of Nova Scotia

variable 2.3 4.00op 2.45 6.30op 2.7 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

2.94 4.00op 2.79

2.29

2.44

2.49

2.49

2.34

2.4

2.69

2.48

3.09 6.95op 3.29 6.50op 3.14

3.19

3.59

4.09

2.59

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.84 6.35op 3.14 3.14 6.35op 2.84 3 3.20op 3.14

2.79

2.44

4.09

4.79

3.04 2.7

3.65 3.39

4.39 4.09

4.64 2.7

2.84 2.94

2.84 2.84

2.89 2.79

2.89 2.89

3.04

3.39

2.64

2.74

2.79 2.34

3.34 2.44

3.99 4.39

4.44 4.64

2.99 6.30op 3.19

2.84

3.39

2.39

2.59

3.24

3.49

3.69

3.79

3.14 3.35

3.25 3.5

3.95 3.7

4.39 4.3

4.74 4.35

2.69 3.14 6.30op 3.29 6.50op

2.14 3.09

2.34 3.39

2.59 3.89

2.49 2.45

3.09

3.39

3.89

4.49

2.79

2.34

2.4

2.69

2.48

2.84 6.30op 2.29 2.89

2.89

2.95

2.99

2.89

2.24 2.79

2.39 2.89

2.49 2.95

2.49 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 2.39

3.2

3.65

4

4.5

2.79

2.64

3.89

2.44

2.69

3.49

3.99

4.54

2.85

2.95

3.05

3.15

2.39

2.39

2.49

2.49

6.95op 4.55 6.45op 4 6.30op 6.95op

Equitable Bank HSBC Bank Canada

2.79

ICICI Bank Canada Manulife Bank

2.75 2.6

National Bank President’s Choice Finan Royal Bank TD Canada Trust Tangerine

n/a 6.70op 2.7 2.6 6.75op 2.6

4.45 6.20op 4.45 4.4 6.70op

3.14 6.75op

2.7

TRUST COMPANIES Community Trust Effort Trust Home Trust Investors Group Trust MTCC

n/a n/a 6.30op 2.3 n/a 2.9

6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

OTHER FINANCIAL INSTITUTIONS Alterna Savings Comtech Fire C.U. First National Fin. LP IC Savings London Life Luminus Financial Meridian Credit Union

2.45 6.30op 2.6

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 September 26, 2016. Prepared By http://www.FiscalAgents.com/mortgage/rates

50 YPNEXTHOME.CA

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Adi Development - The West Condominiums

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Molinaro Group - Paradigm

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Mountainview Homes - Elements

Bayview Wellington - Passages on the Canal

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33

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Cosmopolitan Homes - The Enclave

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Empire Communities - Multi-Site

Homes by DeSantis - AquaZul

Losani Homes - Central Park

Mattamy Homes - River Mill

2&3

54 & 55

OCTOBER 8 - 22, 2016  |  NEW HOME & CONDO GUIDE SWO  51

Advice | FUNDAMENTALLY SPEAKING

Window of opportunity Mortgage rates remain at historical lows, so take advantage while you can – but carefully

“ Take advantage of today’s low rates while you can, but also spend the time necessary to find a broker or banker you trust”

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

LOW RATES continue to dominate in

the mortgage world, after the Bank of Canada dropped its influential overnight target rate – not once, but twice – last year. In its latest announcement on Sept. 7, the BoC again held the rate at 0.50 per cent – where it has been since July 2015. BoC had earlier dropped the rate from 0.75 per cent, where it had been since January 2015, when the Bank dropped it from one per cent. Clear as mud? Just a bunch of numbers, right? Perhaps, but some experts are now saying rates won’t begin to inch up from these historical lows until well into 2017. While the BoC may have held rates in September, it also took the opportunity in its Monetary Policy Report in July to repeat an earlier warning about the housing market. The Bank intimated a need for action to tackle rapid house price increases in Vancouver and Toronto, citing “elevated and rising” risks. Canada Mortgage and Housing Corp. (CMHC) followed that up in its Housing Market Assessment, reporting that evidence that problematic conditions in Canada’s housing market as a whole has increased from weak to moderate. Continuing low rates mean the extended window of opportunity for those looking to buy a home remains open. But so too does 52 YPNEXTHOME.CA

the likelihood that other policy changes or adjustments to mortgage regulations are coming. The time to prepare is now. If you could lock in at a low rate over 10 years, for example, that gives you the comfort of knowing what your mortgage payments will be over that period, while over that time you can also take advantage of any pre-payment and lump-sum payment options to pay down your mortgage. Another appeal of this scenario is that, as we often point out, experts advise you take a long-term view of your home purchase. For example, some markets have recently experienced cooling prices and softening sales. But even if that were to happen in your market and housing type, ask yourself: in 10 years, is a home you buy today likely to be worth more or less? If you need an answer to this question, just take a look back at prices 10 years ago. Of course, there are no guarantees, but if you’re in the homebuying mode anyway, today’s low rate environment makes a pretty compelling reason to act sooner than later to take advantage of these opportunities. Low rates notwithstanding, the banks, financial firms, brokers and other experts still advise homebuyers to practice smart borrowing.

Experts stress that even as rates remain low, buyers should explore everything from putting down a larger down payment to taking advantage of pre-payment options to “stresstesting” your mortgage at a higher rate to ensure your finances can accommodate rate fluctuations or other unforeseen circumstances. One day, the mortgage landscape will change. And if you’re among those homeowners who have been somewhat spoiled by continuing low rates, you could be could be in for an unpleasant surprise. Take advantage of today’s low rates while you can, but also spend the time necessary to find a broker or banker you trust, who knows their business, and who can help you explore what options might be best for you. More so than in any other area of homebuying, you’re going to rely on this advice – now more than ever. It will prove to be time well spent. Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@ ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl

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