OCT 24 - NOV 7, 2015 VOLUME 18, ISSUE 19, FREE
SOUTHWESTERN ONTARIO EDITION
INSIDE THIS ISSUE
CAMBRIDGE: WHERE HISTORY COMBINES WITH PROSPERITY
LHBA CONFERS ANNUAL AWARDS OF EXCELLENCE
SWO HOUSING MARKETS SHOWING HEALTHY GAINS
EMPIRE PLACE
WYNDFIELD
THE MODERN
IMAGINE
SUMMERLEA FLY
VICTORY
SCHOOLHOUSE
WYNDANCE
BEYOND THE SEA LAKESIDE
RAIN/SENSES
VINEYARD
CONTINENTAL
EAU DU SOLEIL
ONTARIO HOME BUILDER OF THE YEAR
ONTARIO HOME BUILDER OF THE YEAR 2015
O H O 2
ONTARIO HOME BUILDER OF THE YEAR 2015 What an exciting and eventful year for Empire and all our employees, customers, trades and partners. ONTARIO projects and important milestones for Empire has culminated in the industry’s A year of successful HOME BUILDER most prestigious OF THEand YEARcoveted award. Thank you to all who helped in this momentous achievement, 2015 especially the 10,000+ proud homeowners who have chosen to call an Empire community home.
ONTARIO Learn more at empirecommunities.com HOME BUILDER OF THE YEAR 2015 Renderings are artist’s concept. E.&O.E.
ONTARIO HOME BUILDER OF THE YEAR 2015
ONTARIO HOME BUILDER OF
Primrose Model Home in Wildflowers, Kitchener
TAKE YOUR CHOICE FROM 2 AFFORDABLE KITCHENER COMMUNITIES
OFFERING A VARIETY OF TOWNS & DETACHED DESIGNS Discover a beautiful variety of choice for splendid family living in Wildflowers and Topper Woods in Kitchener. Choose from Garden & Village Suites, Village Homes, 2-Storey Townhomes plus, of course, Detached Designs in 30' & 36' in Wildflowers. Topper Woods, meanwhile, offers a handsome section of 50' Grand Detached Designs. VISIT OUR SALES CENTRES TODAY FOR YOUR VERY BEST SELECTION.
50' HOME, THE ARROWWOOD ‘B’ 2,951 SQ.FT. $541,990
36' HOME, THE LUPIN ‘C’ 1,950 SQ.FT. $413,990
KITCHENER
KITCHENER
Detached Homes
Townhomes
From $519,990 SALES CENTRE 7 Wetland Way
2 DETACHED MODEL HOMES
From $194,990
Detached Homes
From $327,990
SALES CENTRE
4 DETACHED MODEL HOMES
179 Seabrook Drive
New 30' & 36' Detached Homes Affordable Towns Plus Garden & Village Suites
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM Follow us: MODEL HOME HOURS: Monday - Thursday 1pm-7:30pm; Friday 1pm-5:30pm; Saturday, Sunday and Holidays 11am-5:30pm SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
FROM THE MID
200s
$
New Home Ownership for less than your rent.
Ditch Your Landlord. Invest in YOUR Future!
With today’s low interest rates, stepping on to the real estate ladder has never been more timely. Award-winning home builder Country Green Homes is proud to introduce Westwood Mews: affordable living in the desirable Westmount area just off Glasgow Street. Don’t let the prices fool you - our attractive Urban Townhomes feature modern, open concept floor plans of up to 1,365 square feet.
• Great Upscale Neighbourhood - In Kitchener on the border of Waterloo - Enjoy Kitchener’s lower property taxes • Modern Open Concept Layouts • Close to the Campus • Single Level Models Available • Exterior Maintenance Free Living! - No grass cutting or snowplowing!
Great Value, Great Lifestyle!
Come Visit Us at 367 Westwood Dr. Mon – Web 2-7 p.m. Sat/Sun – 11-4 p.m. Thursday, Friday & Holidays By Appointment E: sales@countrygreenhomes.com
www.countrygreenhomes.com • Call: 905-630-5803 7
contents OCT 24 - NOV 7, 2015 | VOLUME 18 ISSUE 19
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill ASSOCIATE PUBLISHER
Susan Maxwell EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge
62 What’s Online
The latest real estate news from across Canada
DIRECTOR OF SALES, NATIONAL
Moe Lalani EDITOR
Wayne Karl ART DIRECTOR
advice
Daiana Garay
16
CONTRIBUTING EDITORS
Home Smarts
Purchasing a new home with rental potential by Marnie Bennett
36
ON THE COVER
14
57
Mortgage Advice
Sarah Khan
by Alyssa Richard
MANAGER OF PRODUCTION
Fundamentally Speaking
CO-ORDINATOR
Bala Gnanapandithan
by Wayne Karl
buyers’ resource section
17
28 Adi Development
44 Ironstone Building
39
A wide spectrum of options for townhomes in London Elmira’s Country Club Estates close to everything
city focus
52 Cambridge
History combined with prosperous future
trending
Hot Properties Kitchener-Waterloo & London
New releases and grand openings
50 Claysam Homes
58 Mortgage Rates in every issue
10
Editor’s Note
60 Advertiser Index
+ online
24 DiCenzo Homes & Molinaro Group
Paradise Townes now open in Hamilton
34 New Horizon Homes
New Horizon nets multiple OHBA Awards
46 LHBA
LHBA confers its Awards of Creative Excellence
8 YPNEXTHOME.CA
GRAPHIC DESIGNER
Viosa Barileva
Joanne Keenan Jeffrey Reed
Hot Properties Hamilton
New releases and grand openings
Experience lakeside lifestyle at Nautique in Burlington
Hannah Yarkony
CONTRIBUTING WRITERS
Freedom in Stoney Creek Mountain
property profiles
SALES CO-ORDINATOR
Global credit bubble causes market to pause
Kitchener-Waterloo Cambridge prove resilient
Branthaven Homes
Sara Duck (on leave) Marlene Eisner Elisa Krovblit Lydia McNutt (on leave)
NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
ADVERTISING Call Susan Maxwell at 416.988.1172
FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260; e-mail: susan.maxwell@ypnexthome.ca Office hours are Mon-Thurs. 9-5; Fri. 9-12 CIRCULATION Free distribution. Published biweekly from Sept.-Nov. & from Feb.-June and monthly in June, July & Dec. TERMS Advertisers, Editorials and New Home & Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Please submit to the address above, to the attention of the Editor. COPYRIGHT 2015 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.
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
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.
LIVE LIFE ON THE
Ridge
ask about our FREE CUSTOMIZATION!
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STUNNING 2-STOREY and SMART BUNGALOW DESIGNS! 36’, 40’, 45’, 50’ SINGLES! REGISTER NOW!
Grand River
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55
17
Conestoga pkwy 8
401
www.mountainview.com
SHOW HOME: 154 Coopershawk St., Kitchener Tuesday 4-7 p.m. Saturday & Sunday 1-5 p.m.
Offer & Specification subject to change without notice. E.&.O.E. Offer valid for a limited time. Not valid with any other promotion. Free customization applies to Mountainview Homes’ collection of standard floor plans. Includes engineered hardwood in the great room and granite in kitchen. Granite from builder selections. OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 9
Editors' Notes
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXPLORE CAMBRIDGE AND SURROUNDING AREA
SEE MORE ONLINE ypnexthome.ca/cambridge-galt
Targeted info for your benefit Before we launched our new look and website, YPNextHome.ca, we brought a formal focus group of Canadians together to ask about real estate. We specifically questioned what factors in someone’s life would make them want to move. One of the top three reasons was the desire to live in a different neighbourhood. Respondents said they wanted access to better schools and amenities such as transit, shopping, greenspace and parks. With so many areas for you to choose from, we created a Canadawide resource of neighbourhood information – on a local level.
On YPNextHome.ca, you’ll find statistical information on more than 2,700 neighbourhoods, featuring data, listings, fun facts and more. We’ve included a ton of interesting info on key residential neighbourhoods, including photos and video tours. Check out Leaside, for example. We hope you’ll explore a few of the neighbourhoods we’ve curated for you on our new website. Drop us a line and a photo about what you love about your favourite neighbourhood. We’d love to hear from you!
Beginning of a new era?
WAYNE KARL Senior Editor
Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social 10 YPNEXTHOME.CA
Forget who had the nicest hair, the personal jabs candidates lobbed at each other or that the Liberals actually won a majority on Oct. 19, this federal election put housing high on the agenda. Along with the economy, job creation and other matters, housing became a topic of election discussion like never before.
Why? Everything from skyrocketing prices in key markets, to the influence and practices of foreign investors, to ensuring Canada’s young people will be able to afford a home – the issues are important and complex. However you voted on Oct. 19, these issues are not going away. These items will remain high on our leaders’ agendas for months or years to come.
Interact with us on social media: ypnexthome
Property Profile | BRANTHAVEN HOMES
cover story
Freedom is coming to Stoney Creek Mountain!
Experience Branthaven living this fall Location
Stoney Creek Mountain Builder
Branthaven Homes Development
Freedom Home Type
Two-storey and three-storey townhomes Contact
branthaven.com/freedom
14 YPNEXTHOME.CA
IF YOU ARE IN THE MARKET FOR
stylish, smart, affordable town living perched on the Stoney Creek Mountain next to 285 acres of pristine conservation area, you won’t want to miss out on Freedom, Branthaven’s latest new townhome community. Branthaven’s Freedom is a collection of innovative two-storey and three-storey “freedominium” townhomes that will be coming to Rymal Road and Dakota Boulevard this November. Steve Stipsits, president of Branthaven Homes says, “We’ve re-thought and re-imagined every facet of townhome living to provide
you the freedom of attainable home ownership and enhanced quality of life. We have designed Freedom around a rewarding and easy-tomaintain lifestyle, inside and out.” Stipsits adds, “The interiors are smart and stylish layouts designed to improve the way you live, regardless of whether you’re a single professional, a growing family or a “smart sizing” retiree. The exteriors are high-end but boast smart, maintenance-free materials so you can get out and enjoy life.” Branthaven will offer five new floorplan designs, with two- and three-bedroom options in both traditional two-storey and urban threestorey townhomes, some with ground level, backyard walk-outs and double car garages, providing a real freedom of choice for buyers.
“Homeowners will be able to entertain on a more intimate scale or for larger celebrations with complete confidence.” Freedom buyers will also benefit from Branthaven’s signature Fresh Thinking features – standard upgrades at no extra cost. Fresh Thinking kitchens have lots of wellconsidered features to improve your time management and enjoyment of your kitchen. Look for deep drawers with pots and pan dividers, dream pantries, smart tech plugs, cutlery roller drawers, pull-out bins, tablet mounts, on-trend tile backsplashes and the coveted Chef’s island – all included at no extra cost. Fresh Thinking bathrooms are spainspired with modern square tubs, designer tiles, shower caddies and hotel-inspired vanities with integrated shelves to relax and unwind in effortless style. Freedom’s location on Stoney Creek Mountain is prime. A desirable location surrounded by high calibre amenities Freedom will deliver Branthaven’s renowned authentic architecture and distinctive features. Buyers can expect high quality materials, such as stately stone skirting, textured maintenancefree cedar profile shakes and strikingly large windows. The master-planned community of approximately 190 townhomes has a privately maintained road and lush landscaping features. Everything is looked after in the common element and community spaces. It ensures curb appeal and long term value while still allowing you to customize your own dwelling. Branthaven is renowned for the exceptional flow and functionality of its floorplans. Interiors at Freedom have been configured for easy furnishing and effortless style. Living spaces have airy nine-ft. ceilings to encourage bright and inviting spaces. Homeowners will be able to entertain on a more intimate scale or for larger celebrations with complete confidence.
like new schools, convenient shopping and entertainment and state-of-theart recreation facilities appeals to all. Freedom is surrounded by natural amenities like the nearby Eramosa Karst Conservation Area, Felkers Falls and Devil’s Punch Bowl. It’s also prized for its quick commuter access via the Linc, Red Hill Expressway and the QEW to Toronto or Niagara. “Stoney Creek is among the fastest growing parts of the GTA West with a pent-up demand for townhome product,” says Stipsits. “And, with affordable pricing when compared to the GTA , homeownership is attainable. It’s the new found freedom you’ve been looking for.” Townhomes from the $300’s. Register now at branthaven.com/freedom for your exclusive invitation to the VIP Preview event in November.
MORE PHOTOS ONLINE ypnexthome.ca/branthaven-freedom
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 15
Advice | HOME SMARTS
In-law suites Purchasing a new home with rental potential By Marnie Bennett I’VE ALWAYS FOUND the rise and fall of housing trends incredibly interesting. Of course, staying on top of these patterns is also a vital aspect of my career. One surging trend in the housing market is the in-law suite – and I believe this one has real staying power. “In-law suite” is the name most commonly given to self-contained apartments within a larger home, whether the occupants happen to be in-laws. Family custom is, however, one of the main reasons for the growing popularity of these secondary suites. While there have always been people who value multi-generational living, their number is steadily increasing as we experience family-related immigration into Canada. For many of our newcomers, living in proximity to grandparents or extended family is the cultural norm. The other significant group interested in secondary suites are those who have realized the terrific income potential of such spaces. Some cities have a lot of contract workers and post-secondary students, for example, which means more renters. As long as local zoning bylaws permit secondary suites, and by-law conditions are followed, many homeowners find this a very workable solution. More often than not, in-law suites are basement apartments, although they’re occasionally located on the second or third floors. They possess private entrances, bathrooms, kitchens and sometimes laundry facilities. Renovating an existing home to accommodate a separate suite can be expensive, and unforeseen
complications may arise. The beautiful thing about including a secondary suite when purchasing a new home is that you can have everything built to your specifications, rather than being limited by the existing structure. Some builders make a specialty of in-law suite homes, with a portfolio of available plans, but others are happy to alter standard plans for a fee.
MORE ADVICE ONLINE ypnexthome.ca/news/advice
A few things to consider: » Basement apartments aren’t noted for their great natural light. Invest in great lighting, making good use of pot lights. Where possible, install largerthan-typical windows. » Include a bathtub in the bathroom to appeal to as many tenants as possible. » Features such as a double driveway, soundproofing panels and separate gas and electrical meters can make everyone’s lives easier. With a thoughtfully designed suite, the income – or the in-laws – will be sure to roll in! To receive a free copy of a new special report titled “Homebuyers: How to Save Thousands of Dollars When You Buy” email sales@bennettpros.com
Marnie Bennett is a broker and the marketing director for Bennett Property Shop Realty. She is host of the weekly radio show the Real Estate Hour, a real estate investor and a wealth management coach. bennettpros.com
16 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 BURLINGTON CATHARINES GRIMSBY HAMILTON
ANCASTER BEAMSVILLE BINBROOK BRANT BRANTFORD
MILTON NIAGARA OAKVILLE PARIS
PORT DOVER ST. CATHARINES STONEY CREEK VINELAND
THE BERKELEY CONDOMINIUMS By: Carriage Gate Homes City: Burlington Location: Caroline Street and Elizabeth Street Housing type: 154-unit condo carriagegatehomes.com
HAWTHORNE VILLAGE By: Mattamy Homes City: Milton Housing type: Townhomes and detached homes in master-planned community mattamyhomes.com
new openings WOODLANDS By: Mountainview Homes City: Niagara Falls Housing type: Single-detached and townhomes from $229,900. mountainview.com
MOUNTAINVIEW HOMES’ HARVEST ESTATES IN WELLAND
AUGUSTA
previews and registration AVALON By: Empire Communities Location: Caledonia Housing type: Townhomes from $239,990 and detached homes from the mid $269,990. empireavalon.com
SIMPLY GRAND By: Losani Homes Location: Paris Housing type: Singles and towns from the mid $300’s. losanihomes.com
THE WOODLANDS By: Losani Homes City: Ancaster Housing type: Singles on forest court lots from the $500’s. woodlandsancaster.com
By: Losani Homes City: Ancaster Housing type: Contemporary semis from the low $400’s. losanihomes.com
PURE By: Branthaven Homes City: Milton Housing type: Spacious two-storey freehold townhomes branthaven.com
CRANBERRY HILL By: Mattamy Homes City: Waterdown Housing type: Affordable living with easy highway access and proximity to schools mattamyhomes.com
ASTORIA By: Losani Homes City: Ancaster Housing type: Two- and three-bedroom boutique townhomes losanihomes.com
VILLAGE ON THE TWELVE By: Silvergate Homes City: St. Catharines Housing type: Model home now open for urban towns and condos silvergatehomes.com
AQUABLU By: Homes by DeSantis City: Grimsby Housing type: Condominium community of modern suites along the lake aquablucondo.com
LAKE HOUSE By: Branthaven Homes Location: Grimsby Housing type: Waterfront townhomes and condos lakehouselife.ca
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 17
18
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
SITES
CARRIAGE GATE HOMES
Legacy in Ancaster
Binbrook
EMPIRE
Summerlea
Brampton
EMPIRE
Lakeside
Brantford
EMPIRE
Wynfield
Burlington
ROSEHAVEN
Affinity Condominiums
Burlington
ADI DEVELOPMENTS
Nautique
•
Burlington
ADI DEVELOPMENT
Station West
•
Burlington
NEW HORIZON
Bridge Water
Chippawa/Niagara
ROSEHAVEN
Lyon's Creek
Georgetown
MENKES
The Enclaves of Upper Canada
Grimsby
BRANTHAVEN HOMES
Freedom
Grimsby
HOMES BY DESANTIS
AquaBlu
Hamilton
DICENZO HOMES
Paradise Townes
Hamilton
MULTI-AREA DEV.
Bellagio Village at Summit Park
•
Niagara
EMPIRE COMMUNITIES
Imagine
•
Niagara
BW HOMES
Passages on the Canal
•
Niagara Falls
SILVERGATE HOMES
Victoria Woods
•
Oakville
EMPIRE
Rain/Senses
Oakville
ROSEHAVEN HOMES
Woodland Trails
Oakville
BRANTHAVEN
Oakvillage
Paris
LOSANI HOMES
Corporate
•
Smithville
PHELPS HOMES
Auburn Trail
•
St. Catharines
BW HOMES
Victoria Village
•
Stoney Creek
EMPIRE
Victory
Stoney Creek
ROSEHAVEN HOMES
On the Ridge
Thorold
ROSEHAVEN HOMES
Gibson Heights
Ancaster
PRICES
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from the $800’s •
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2&3
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2&3
•
20 from $200's
30
from the $400’s
37
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from mid $700's
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from the $300's
12&13
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22 2&3 5
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from the $350's
• •
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from mid $600's •
from $400's
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27 2&3
from the $370’s
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from low $300's
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2&3 from $300's
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from $200's
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OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE
BUILDERS
Halton / Hamilton / Wentworth / Niagara:
LOCATION
19
Seek haven from the ordinary HA•VEN: A PLACE OF SAFETY OR REFUGE
Seek haven from the common, the average, the oh-so-typical, the middle-of-the-road, the run-of-the-mill, the good-enough. At Rosehaven, we will never be satisfied with anything less than the exceptional. Because we know you won’t.
Visit RosehavenHomes.com For directions, maps hours and community information call our hotline (1-888/416) 410-0175
Prices and specifications correct at press time. Photo is of actual Roseahven Home. E. & O.E.
The Welland - Lyon’s Creek, Chippawa
CHIPPAWA/NIAGARA
LYON’S CREEK 36’ Singles from the mid $300’s “Thames” Model home for sale
THOROLD
GIBSON HEIGHTS LIMITED HOMES REMAINING! 30’ Attached Singles and Freehold Towns from the upper $200’s Move in Ready Inventory Homes Available
STONEY CREEK
ON THE RIDGE Semi Detached Homes from the upper $300’s 40’ & 35’ Singles from the upper $400’s
OAKVILLE
WOODLAND TRAILS Freehold Towns from the mid $600’s COMING EARLY 2016
AFFINITY CONDOMINIUMS
Two Contemporary six storey buildings ALDERSHOT IN BURLINGTON Register today at Affinitycondo.com
$289,990* 905-561-0136 | 33 Fletcher Rd, Hamilton
Give them room to spread their Wings
CRAFTSMAN FAMILY HOMES ON 50’ LOTS BUNGALOWS + 2-STOREYS FROM THE 370’S ADULT LIFESTYLE TOWNS FROM THE 290’S
4 COMMUNITIES IN SMITHVILLE TO CHOOSE FROM
PhelpsHomes.com Celebrating 40 Years of custom inspired home building in niagara Prices, features and specifications are subject to change without notice and are accurate at time of publication. Subject to availability. Please see sales representative for details. E. & O.E.
Trending
Paradise Townes now open in Hamilton IT’S NO SECRET THAT HAMILTON
is growing in popularity: more affordable than the GTA, strong economy and cultural offerings and plentiful new home options. Now imagine Hamilton’s picturesque West Mountain, boasting an abundance of key amenities such as public parks, schools and shopping – all located just minutes from major transportation routes, including Hwy. 403. Welcome to the home of Paradise Townes, where partners DiCenzo Homes and the Molinaro Group have released the final phase of all-new executive freehold condo townhomes in the established, master-planned community of Paradise Meadows. This inspiring neighbourhood currently features elegant home designs and charming streetscapes. The final townhome release is the ideal complement, offering spacious, intelligently designed living environments and architectural flair that inspires confidence in this worthy new home investment. In addition to eight floor mix-and-match floorplan options, the homes offer a selection of no charge bonus packages that have been pre-bundled to save purchasers time, and add value. DiCenzo Homes and the Molinaro Group combine to form a visionary development team known for creating premium residential neighbourhoods throughout the Hamilton, Burlington and Oakville areas. DiCenzo Homes For more than 60 years, DiCenzo is now among the largest land owners and developers in southern Ontario, and is widely recognized for its commitment to quality design and construction excellence. The company has helped shape the landscape of Hamilton and its surrounding areas with an impressive mix of highrise rental buildings and single-family homes. The DiCenzo 24 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
team of award-winning architects, engineers and craftspeople are dedicated to ensuring that each home is as unique and irreplaceable as the families who live in them. Molinaro Group Quality craftsmanship, design excellence and dedication shine through in the more than 10,000 residential units and more than one million sq. ft. of commercial real estate in the company’s 50-plus years of residential development in
southern Ontario. Its projects have helped shape the community of Burlington’s residential downtown core – from hip, condominium residences, to beautiful familyfriendly neighbourhoods. For more information or to register, visit paradisetownes.com, call 905.296.3110 or visit the sales centre at 7 Bellini Lane, off Garth Street and Rymal Road, Hamilton. Hours are Monday to Thursday 3 to 7 p.m., Saturday and Sunday noon to 5 p.m., and Friday by appointment.
PARADISE IS
NOW OPEN!
paradise TOWNES T H E L U X U RY OF A CU S TO M DE S I GNE D R E S I DE NCE E X P R ES S ED I N A MO DE R N TO W NH O M E Paradise Townes is an all-new release of executive freehold condo townhomes. It’s the Grand Finale of the established community of Paradise Meadows. Sales Centre located at Garth and Rymal in Hamilton.
paradisetownes.com 905-296-3110
FROM
$339,900 CH OICE OF BON US PACKAG E S VAL UED AT OV ER
$5,000
B R O U G H T T O Y O U E X C L U S I V E L Y B Y:
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 25
»» now available! Get the scoop on builders in the Southwestern Ontario area. AVAILABLE ALL YEAR ROUND! GREATER TORONTO ANNUAL AND EASTERN ONTARIO ANNUAL
Highlighting the top builders and developers across the GTA EXPERT ADVICE Top tips to guide you through the homebuying process
KNOCK ON WOOD Six-storey wood housing a viable new option
top builders & new-home communities HIGHLIGHTING THE
across SWO
Home Builders’ Annual GTA Edition
HIGHLIGHTING THE
top builders & condo communities across the GTA
EXPERT ADVICE Top tips to guide you through the homebuying process THE EXPERTS WEIGH IN:
THE ALLURE OF LUXURY CONDO LIVING
SWO ANNUAL 2015.indd 1
Location, lifestyle, costs & your new condo
Why pre-construction condo investments pay off
3/10/15 5:32 PM
Research and compare! Make an informative choice using Southwestern Ontario’s only comprehensive guide to Southwestern Ontario Home Builders. Expert advice, builder profiles, and the Southwestern Ontario Home Builders’ roster all in one great Annual.
Home Builders’ Annual GTA Condo Edition
2015 ISSUES AVAILABLE NOW!
F O R Y O U R F R E E C O P Y C A L L 416 . 626-4889
NOW OPEN
A new level of luxury is coming to Niagara with the opening of Victoria Woods. Luxurious bungalow towns backing onto lush greenspace, nestled amongst pristine golf courses, hiking trails, world-class dining and shopping. You’re only a short distance from the QEW and Niagara’s Wine Route with its endless rows of award-winning vineyards and wines.
5622 IRONWOOD STREET, NIAGARA FALLS, UNIT #19
SILVERGATEHOMES.COM 905. 680.6000 info@silvergatehomes.com
Specifications subject to change without notice. E. & O.E.
Property Profile | ADI DEVELOPMENT
Adi Development Group invites you to experience a lakeside lifestyle
at Nautique
A NEW ICON IS READY TO TAKE THE
spotlight on Burlington’s skyline as Adi Development Group boldly introduces Nautique Lakefront Residences: a one-of-a-kind landmark on the City’s coveted downtown waterfront. Now, Adi Development Group invites registered purchasers to be among the first to preview this highly anticipated community. Elevating a new standard for design in the City, Nautique’s striking contemporary facades by awardwinning RAW Design stand apart from anything before it. Inspired by its lakefront setting, translucent glass and fluid lines reflect the beautiful blue of the adjacent lake. “Every element of the design evokes the feeling of being on water,” says Tariq Adi, CEO, Adi Development Group. “With Nautique, we’re offering residents the best that the city has to offer: a luxury home overlooking the waterfront at a realistic price point.” A standout in Burlington’s hot market, Nautique will introduce a new price point to the city’s previously unattainable waterfront, with exclusive lakefront residences starting from the high $200,000s. Inside, Nautique’s luxurious interiors by world-acclaimed Cecconi Simone are light, fresh and crisp, embellished with polished marble. The luxurious aesthetic carries into suites where fluid layouts prioritize views of the lake through floorto-ceiling windows, opening onto expansive terraces. “Nautique will be a truly remarkable place to call home. There has never been a residence like this in the city,” says Saud Adi, COO, Adi Development. “The demand and feedback for this project has been astonishing.” 28 YPNEXTHOME.CA
“Nautique will be a truly remarkable place to call home. There has never been a residence like this in the city.”
Location
Burlington Builder
Adi Development Home Type
Lakefront condominium with onebedroom to two-bedrooms plus den units, from 452 to 1,316 sq. ft. Sales Centre
375 Brant St. Contact
adidevelopments.com 289.337.0766 nautique@adidvelopments.com
In the heart of Burlington’s quaint downtown, trendy cafes and eateries are just steps away. An ideal home for outdoor enthusiasts, Nautique is directly connected to endless trails along Lake Ontario’s coastline that run from Hamilton to Toronto, perfect for weekend bike rides or evening strolls. Inside the residence, options for entertaining abound with an unmatched amenity mix. The highlights start with Nautique’s Sky Lounge, offering the city’s highest vantage point to take in 360-degree views of
Lake Ontario’s sweeping shoreline and city lights. On the sixth floor, a private lakeside club with an expansive outdoor terrace overlooks the waterfront. Residents will enjoy convenient workouts in the fully equipped, stateof-the-art fitness centre and indoor/ outdoor yoga deck and can cool off afterwards in the outdoor pool. Located at the corner of Martha and Lakeshore, Nautique is a residential tower that will consist of 170 units from 452 to 1,316 sq. ft. with layouts ranging from one-bedroom to twobedrooms plus den. Prices start in the high $200,000s. Opening fall 2015, the Nautique Presentation Centre is located at 375 Brant St., Burlington. Visit adidevelopments.com to register, or for more information, call 289.337.0766 or email nautique@adidvelopments.com
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 29
Your arrival. A departure from the expected.
ARRIVING SOON
On Downtown Burlington’s Waterfront
REGISTER NOW AdiDevelopments.com An iconic residence demands 180° thinking at every turn. Cue a stunning Lobby designed by renowned Cecconi Simone, never-ending views from sumptuous suites, indulgent indoor amenities, outdoor terrace spaces and so much more. Condominiums from the high $200,000s.
Prices and specifications subject to change without notice. Illustration is artist’s concept. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. E. & O.E.
EXPERIENCE THE FINE A RT O F L I V I N G W E L L
H O M E S A S B I G A N D B E AU T I F U L A S T H E C O U N T RY T H AT S U R RO U N D S T H E M .
COLLECTIO N OF LUXURIOUS 50’, 55’, 60’& 66’ LOT DESIGNS Carriage Gate’s finest collection of spacious single family homes, perhaps their most prestigious yet. An intimate enclave of homes in Ancaster’s best and most desirable location, just off Lime Kiln Road, these estate-inspired residences are distinguished in both their architecture and interior design, with each appointed with a long retinue of luxury features.
Luxuriously appointed from the
800’S
$
A N C AS TER
CARRIAGEGATEHOMES.COM Sales Office Hours:Mon. - Thurs.; 3pm - 7pm, Friday by appointment, Sat. & Sun.; 12pm - 5pm. Paul Ciardullo; Broker, Effort Trust. 905-975-9191 • paulc@efforttrust.ca Prices and specifications are subject to change without notice. E. & O.E. Renderings are artist’s concept.
Violet Model Home in Wildflowers, Kitchener
HAWTHORNE SOUTH VILLAGE CONTINUES TO GROW
MATTAMY’S HIGHLY SOUGHT AFTER COMMUNITY Watch For A Wide Variety Of Towns & Detached Designs Coming Soon MILTON A Great New Selection Of Towns & 30', 34', 36' & 43' Detached Designs
Follow us:
COMING SOON
‘CRAFTSMAN’
VILLAGE HOME, THE ERIN ‘CRAFTSMAN’ 1,283 SQ.FT.
‘TUDOR’
2-STOREY TOWNHOME, THE KINGSBRIDGE ‘TUDOR’ 1,541 SQ.FT.
36' HOME, THE LANCASTER ‘FRENCH CHATEAU’ 2,179 SQ.FT.
43' HOME, THE PERTH ‘ENGLISH MANOR’ 3,252 SQ.FT.
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
Trending
New Horizon nets multiple OHBA Awards NEW HORIZON DEVELOPMENT
Group was a multiple winner at 2015 Ontario Home Builders’ Association’s Awards of Distinction, presented recently at Deerhurst Resort in Huntsville, Ont. The company’s Bridgewater Residences on the Lake, Burlington, was named Best Interior Decorating of a Model Home/Suite (up to 2,000 sq. ft.) and Most Outstanding Highor Midrise Condo Suite Kitchen. The development was also recognized in a number of other categories, such as Project of the Year and People’s Choice Award. “New Horizon Development Group would like to acknowledge 34 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
those who played a role in helping make these awards and recognition possible,” the company says. “Thank you to everyone who has supported and contributed to our success.” New Horizon says Bridgewater Residences, with one 24-unit boutique building and a 120-unit building, is more than 60 per cent sold. Construction is set to begin in December. For more information, contact 905.681.3300, or visit the presentation centre at 2042 Lakeshore Rd., at Elizabeth Street, in Burlington.
Advice | MORTGAGE ADVICE
Global credit bubble causes market to pause By Alyssa Richard
THE FORECAST OF THE GLOBAL
economy fluctuates more often than not. One day, we hear that China’s stock crash is causing impending doom, and the next we’re told that everything is just fine. The International Monetary Fund (IMF) recently issued a warning about a weakening global economy. It says if U.S. rates rise, the developing world could see a plethora of corporate failures. And although the U.S. is doing better, their employment rates are steady – not growing – which means the economic superpower does not have the strength to pull the rest of the world out of a slump. This is added to the emergence of a global credit bubble. The IMF and World Bank are meeting in Lima, but rather than celebrating recovery and market successes, economic thought leaders will now be discussing a massive credit bubble that spans over many nations. Growth is slowing in emerging markets, such as Latin America, and
MORE ADVICE ONLINE ypnexthome.ca/alyssarichard
it’s making investors wary, to say the least. Corporate debt in emerging markets has increased from $4 trillion to $18 trillion – with most of that growth occurring after the crash of 2008. The IMF believes that corporate liabilities in emerging markets are double their equity. (Four years ago, they were equal.) At home Even if the financial climate here in Canada remains stable, that doesn’t mean it can’t be disrupted by a region or many regions having serious difficulties. And if the developed world – notably the U.S. and other strong economies, such as Canada – raise their rates, it can have serious consequences on emerging markets. The best thing for smart Canadian investors to do is to not only pay attention to what is happening at home
but keep an eye on what is happening abroad. The annual meeting in Peru this month was to be a good indicator to how much we should actually be concerned about the global economy and what can be done to get things back on the right track. Canada has a good history of weathering global crises. In 2008, Canada’s economy fared better than most. More recently, we’ve been largely unscathed by the fallout from Greece. And we’ve been a beneficiary of trouble in Asia, as wealthy Chinese investors have turned to Canada as a safe place to keep their money. In housing, variable and fixed mortgage rates are growing closer together, with only .53 per cent separating the two. If the Bank of Canada’s overnight rate rises, variable mortgage rates could close in on fixed mortgage rates, making fixed rates infinitely more desirable. The good news, if you have a variable-rate mortgage, is that the BoC doesn’t seem to be in any hurry to raise rates. The opposite seems to be true: two rate cuts this year have eased Canadians’ mortgage burdens. And the major banks have only passed a portion of those rate cuts on to consumers, so there’s a good chance you won’t feel the pinch as much when rates start to trend higher. As rates in Canada and across the world continue to jump around, so too will mortgage rates. And while this is quite difficult to predict, it’s important to keep a watchful eye on global markets, to be sure to make the right decisions in your own backyard.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
36 YPNEXTHOME.CA
You’ve arrived.
COMING SOON 3-Storey Urban Towns Burlington at Aldershot GO Station from the low
400’s
$
If a modern vibe is what propels you, then this is your station. Introducing smartly designed 2 and 3 bedroom townhomes in an uber-connected master planned community adjacent to Burlington’s Aldershot GO Station.
Join us on
REGISTER NOW! Adidevelopments.com Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications to change without notice. E. & O.E.
37
Book the movers...
Pronto
Pick up your copy of our new fall Pronto Magazine at a Losani site near you or view it online at LosaniHomes.com/Pronto
O T O N T PPRRON
ESE R OM AD H U A INENDYEOM N E V SWOHN MEOOAM DYE RH
Buy a Pronto Home this fall that closes by February 29, 2016, and receive a Stainless Steel Appliance Package & a Pre-Paid $3000 Visa® Gift Card FINALE
PARAMOUNT AT VA L L E Y
PARK
SINGLES from the high $500’s
SINGLES & TOWNS from the low $300’s
SINGLES & TOWNS from the high $200’s
SINGLES from the high $600’s
SINGLES & SEMIS from the mid $400’s
CHALET STYLE TOWNS from the high $400’s
TOWNS from the high $200’s
SINGLES from the low $500’s
in Ancaster 289-239-7629
in Hamilton 289-400-1967
in Kitchener 519-893-7600
in Thornbury 705-293-0223
Choose from over 100 ready-built homes at
LosaniHomes.com/Pronto Pricing and specifications subject to change without notice. E&OE
in Binbrook 289-286-0928
in Kitchener 519-585-0500
in Stoney Creek 289-400-1967
in Hamilton 905-574-0828
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
BAYFIELD BLYTH CLINTON GRAND BEND INGERSOLL LONDON MITCHELL SEAFORTH
condominium townhomes from $231,990. rembrandt-homes.ca
VICTORIA ON THE RIVER
LONDON SHAKESPEARE ST.THOMAS STRATFORD TAVISTOCK TILLSONBURG WINGHAM WOODSTOCK
previews and registration 140 CALEDONIA By: The Tricar Group City: Stratford Housing type: Four-storey boutique style condominiums from the high $200’s. tricar.com
By: Stonecrest Homes City: London Housing type: Single-family homes at at Hamilton Road & Commissioners Road East. stonecresthomes.ca
FOX FIELD By: Fusion Homes City: London Location: Fanshawe Park Road West and Foxwood Avenue Housing type: Single-family homes from $482,900 fusionhomes.com
new openings REMBRANDT ESTATES
new releases
By: Rembrandt Homes City: Woodstock Location: Riddell Street at St. Vincent Housing type: Custom homes, bungalows and bungalows with lofts, from $499,900. rembrandt-homes.ca
SUMMERSIDE
CASTLE ROCK PLACE By: Rembrandt Homes City: London Location: 3444 Singleton Ave., off Southdale Housing type: Two-storey and mulit-level
HALTON HILLS WELLINGTON WATERLOO
City: Kitchener Housing type: Townhomes and 30- and 36-ft. detached homes. mattamyhomes.com
ALMA AYR CAMBRIDGE ELORA FERGUS
By: Activa Group City: Cambridge Location: 25 Isherwood Avenue Housing type: Condo community activagroup.ca
GEORGETOWN GUELPH KITCHENER ROCKWOOD WATERLOO
ISHERWOOD AVENUE CONDOS
By: Stoncrest Homes City: London Location: Darnley Boulevard and Cardigan Drive Housing type: Ssingle-family homes stonecresthomes.ca
Housing type: Urban townhomes with three bedrooms, 2.5 bathrooms reidsheritagehomes.com
AVALON URBAN TOWNS By: Savic Homes City: Kitchener Location: Highland Road West and Ira Needles Blvd. Housing type: Design-forward urban towns avalontowns.ca
CLAIR ROAD
previews and registration
new openings CLAIRITY
WESTWOOD MEWS By: CountryGreen Homes City: Kitchener Housing type: Urban townhomes up to 1,365 sq. ft. from the mid $200’s countrygreenhomes.com
WILDFLOWERS By: Mattamy Homes
By: Reid’s Heritage Homes City: Guelph Housing type: One- and two-bedroom condominiums from the mid $200’s reidsheritagehomes.com
WILLIAMSBURG TOWNS By: Reid’s Heritage Homes City: Kitchener
By: Gemini Homes City: Guelph Location: Clair Road East and Gordon Street. Housing type: Singles and towns in South Guelph, from $489,990. geminihomes.ca
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to wayne.karl@ypnexthome.ca
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 39
40
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
Elmira
CLAYSAM HOMES
Elmira Country Club Estates
Guelph
REIDS HERITAGE
Clairity
Kitchener
COUNTRY GREEN HOMES Westwood Mews
Kitchener
MATTAMY HOMES
Preserve
Kitchener
MATTAMY HOMES
Wildflowers
Kitchener
MATTAMY HOMES
Kitchener
PRICES
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•
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PAGE
from $289,900
49
from the $200's
64
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from mid $200's
7
•
from $194,990
63
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from $194,990
6
Doon Mills
•
from $519,990
6
MATTAMY HOMES
Hawthorne South Village
•
Kitchener
MOUNTAINVIEW HOMES
River Ridge
•
London
SIFTON
Corporate
London
IRONSTONE
Woodvale
•
•
from $199,888
48
London
IRONSTONE
Waterdale
•
•
from mid $200's
48
London
IRONSTONE
Cali
•
from the $290's
48
London
IRONSTONE
Hickory Heights
•
from mid $400's
48
Plattsville
CLAYSAM HOMES
Plattsville Estates
•
from $324,900
49
Tillsonburg
TILLSONBURG DEV.
Baldwin Place
•
from $244,500
43
Woodstock
CLAYSAM HOMES
Neighbourhoods at Devonshire
•
from low $200's
49
•
•
32&33
•
$10,000 off
9
42
•
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STRATFORD, WOODSTOCK, INGERSOLL, TILLSONBURG, ST. THOMAS, STRATHROY, MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR
SITES
London / Halton Hills / Wellington / Waterloo:
BUILDERS
D et . Se m Bu i ng a To low w C nh on om Ad do e ul tL ife st yle
LOCATION
41
Homes built for life.
Sunday will always be special. Bring little ones and parents together to celebrate family in a home built by Sifton. From open concept designs, to solid construction and high-end finishes, Sifton concentrates on craftsmanship, so you can concentrate on life. Energy StarÂŽ Homes. Private DĂŠcor Centre. Building in 8 Great Communities.
519.850.0756 Sifton.com
BALDW IN PLAC E
UNBEATABLE
VALUE All-brick, detached, freehold homes starting at
$244,500
(incl. hst)
with a fully-equipped recreation centre (monthly association fee of just $30) and only minutes away from medical facilities, shopping, dining and great golf.
3 ESSELTINE DRIVE, TILLSONBURG MODEL HOME HOURS: OPEN MONDAY - THURSDAY, SATURDAY & SUNDAY 10AM TO 5PM. FRIDAYS & HOLIDAYS BY APPOINTMENT ONLY.
Call us now at 1-800-265-5709 www.baldwinplace.ca
E.& O.E. Prices & Specifications are subject to change without notice. OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 43
Property Profile | IRONSTONE BUILDING COMPANY
Townhome living in London with
Ironstone Building Co. THE IRONSTONE BUILDING CO.
offers Londoners a wide spectrum of choices in townhome communities throughout London. Irrespective of community preference, Ironstone provides all of its clients with all inclusive pricing. This offering allows owners to enjoy many new home upgrades that are not normally included in other builder’s base prices.
44 YPNEXTHOME.CA
“We pride ourselves in offering our clients all of the upgrades in an upfront price,” says David Stimac, president of Ironstone Building. “This makes the purchasing decisions far easier on the homeowner and simplifies the buying process.” Ironstone’s south London townhome community, Woodvale, is quickly progressing and is closing
in on selling out the first phase, with construction beginning on the second phase. This development is conveniently located at 3320 Meadowgate Blvd., in London’s vibrant Summerside community. Woodvale is conveniently located in southeast London, offering owners access to the highway within minutes from home. Woodvale offers an
MORE PHOTOS ONLINE ypnexthome.ca/ironstone-london
“Waterdale features our highest upgrades to date, including granite countertops, stone facades, finished basements complete with a three-piece bathroom.“ expansive two-storey, three-bedroom floorplan that is priced at $199,888. Once again, Ironstone is offering numerous standard upgrades such as maple cabinetry, hard surfaces and pot lighting in an all inclusive price. Feel free to visit the fully furnished model home at 3320 Meadowgate Blvd., Unit 222. Waterdale is Ironstone’s newest townhome condominium offering. Located on Blackwater Road between Location
London Builder
Ironstone Building Company Development
Woodvale, Waterdale Home Type
Townhomes Sales Centre
Woodvale, 3320 Meadowgate Blvd., Ste. 222.; Waterdale, 2235 Blackwater Rd. Hours are 1 to 5 p.m. Contact
519.660.6006 ironstonebuilt.com
Richmond Street and Adelaide Street, Waterdale provides an opportunity to live in one of London’s premium locations. This community offers residents an enclave of 73 townhomes with almost half of the condominiums backing onto a natural treed ravine. Homes start at $249,900 and offer homeowners a variety of walkout and lookout plans. “You have to drive to this community to appreciate the incredible natural beauty it will provide to future homeowners,” Stimac says. “Waterdale features our highest upgrades to date, including granite countertops, stone facades, finished basements complete with a threepiece bathroom. Waterdale is located at 2235 Blackwater Rd., and will have move-in ready homes available for possession. The Ironstone Building Co. has sales representatives on both sites available on weekends from 1 to 5 pm. For private showings, call 519.660.6006 or visit ironstonebuilt.com
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 45
Trending
London Home Builders’ Association
confers annual Awards of Creative Excellence
1
MEMBERS OF THE LONDON
Home Builders’ Association gathered recently for the annual Awards of Creative Excellence to honour fellow members for personal commitments to the association and housing industry, and to celebrate achievements in new homes and renovations. More than 30 awards were presented in several categories. Following is a partial list of winners: 1 Builder of the Year Sifton Properties Ltd. Renovator of the Year Melchers Construction Ltd. Supplier of the Year Strik, Baldinelli, Moniz Ltd. Sub-trade of the Year GCW Custom Kitchens and Cabinetry Inc.
2
46 YPNEXTHOME.CA
Lifetime Achievement Award Don Crich, Auburn Developments Inc., Eugen Drewlo, Drewlo Holdings Inc., and Bernie Zaifman, Z Group 2 Health and Safety Award Sifton Properties Ltd. Isolino Sousa 3 Sales Achievement Wastell Homes Sue Wastell 4 Mowbray Sifton Award George Kotsifas, City of London DESIGN CATEGORIES
Best New Kitchen up to $500,000 Melchers Construction Ltd. Design Credit to: Pure White Design Inc.
Best New Kitchen over $500,000 Oke Woodsmith Building Systems Inc.
3
Design Credit to: Woody’s Custom Cabinetry
Best New Bathroom up to $500,000 Domus Developments (London) Inc.
Best New Bathroom over $500,000 Crown Homes of London Design Credit to: Woody’s Custom Cabinetry
Best New Exterior Harasym Developments Inc. Design Credit to: Dashwood Industries, Ferrell Brick & Stone Division
Best Overall New Home Design up to $400,000 Wastell Homes Design Credit to: Orchard Design Studio
4
5 Best Overall New Home Design $460,000 - $660,000
Best Renovated Kitchen up to $50,000
Best Renovation $101,000 $150,000
Sifton Properties Ltd. Design Credit to: GCW Custom Kitchens and Cabinetry Inc. Presented by New Home & Condo Guide Associate Publisher Susan Maxwell
Oke Woodsmith Building Systems Inc. Design Credit to: Distinctive Kitchens of London
Old Castle Renovations Design Credit to: Copp Building Materials Ltd.
Best Renovated Kitchen over $50,000
Best Renovation $151,000 and over
6 Best Overall New Home Design $701,000 - $1,000,000 Wastell Homes Design Credit to: Orchard Design Studio
CCR Building & Remodeling Inc. Design Credit to: Dynamic Kitchens
CCR Building & Remodeling Inc. Design Credit to: GCW Custom Kitchens and Cabinetry Inc.
MARKETING CATEGORIES
8 Best Traditional Print Campaign Best Renovated Bathroom under $25,000
Sifton Properties Ltd.
Best Overall New Home Design $1,000,000 +
Melchers Construction Ltd.
9 Best Project Branding
Wastell Homes Design Credit to: Orchard Design Studio
Best Renovated Bathroom over $25,000
Forest Park Homes Design Credit to: Orchard Design Studio
Best Interior Merchandising
Melchers Construction Ltd. 7 Project of the Year The Tricar Group
Best Renovated Exterior
Best Outdoor Living Space
Melchers Construction Ltd. Design Credit to: Blueline Inc.
Wastell Homes
10 Best Web Presence, Builder or Renovator
Harasym Developments Inc.
The Tricar Group
Best Renovation Under $26,000 Best Indoor Living Space
Melchers Construction Ltd.
Best Web Presence, Supplier or Subtrade
Best Renovation $45,000 - $100,000
Dynamic Kitchens
CCR Building & Remodeling Inc. Design Credit to: Dynamic Kitchens
Best Showroom or Design Centre
Melchers Construction Ltd.
Best Kitchen Cabinetry Visionary Kitchens and Custom Cabinetry
Scherba’s Great Floors Design Credit to: Cambria by Progressive Countertop Systems
Best Bathroom Cabinetry Dynamic Kitchens
5
6
7
8
9
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OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 47
TOWNS WITH A PREMIUM RAVINE LOTS WITH VIEWS OF DOWNTOWN LONDON
VIEW OUR ORIGINAL
MODEL HOMES NOW OPEN AT 2235 BL ACK WATER RD., LONDON | WEEKENDS 1-5PM
2 STOREY & MULTI-LEVEL TOWNS IN LONDON
FROM THE MID
$200’s
BLACK+WHITE
Where Would You Like Your
Built?
Select from any one of our great new-home communities throughout the London area.
SINGLE FAMILY HOME COMMUNITIES
CONDOMINIUM TOWNS
REVERSE
Now Selling
Stunning Models Now Open
Selling Quickly
A boutique condo-town community with only 19 homes available.
Contemporary California-inspired architecture in a convenient location. Helvetica Neue Medium
Singles in an established neighbourhood. Some lots backing onto woodlands.
Models at 3320 Meadowgate Boulevard
Models at 705 Freeport Street
Model at 779 Hickorystick Key
FINAL LOGO: ACCEPTABLE FORMATS FOR USAGE HYDE PARK MEADOWS IRONSTONE FINAL LOGO VARIATIONS N/A MARCH 2014
from only
$199,990
IRONSTONECONDOS.COM 48 YPNEXTHOME.CA
OPTIONS AVAILABLE
x x x x x x
COLOUR SPECS
PANTONE CMYK BLACK AND WHITE INVERTED COLOUR BACKGROUND OTHER OPTIONS
from the
$290’s
IRONSTONEBUILT.COM
from the mid
$400’s
519.660.6006
Now Building...
HOLMES APPROVED HOMES
Built Right From The Ground Up
Towns & Semis PHASE 3 NOW AVAILABLE
A Proud Partner Claysam Homes is proud to offer home buyers The Holmes Approved Homes Program. Each of our newly built homes will go through a rigorous inspection process through a certified Mike Holmes inspector. Visit one of our model homes today to find out more details about our exciting new partnership and how it benefits you to live in a Holmes approved home.
STARTING FROM THE MID
$200,000’s Woodstock
1141 Caen Ave. Woodstock, ON
50’ Lots with bungalows & two-storeys STARTING FROM
$324,900 Plattsville
148 Applewood St. Plattsville. ON Towns, Semis & Singles PHASE 2 NOW SELLING STARTING FROM
$289,900 Elmira serviced in all our communities
Visit our website for MODEL HOME hours.
79 Country Club Estates Dr. Elmira, ON
claysamhomes.com
Prices and specifications are subject to change without notice. E. & O. E.
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 49
Property Profile | CLAYSAM HOMES
Elmira’s Country Club Estates Worlds away, yet close to everything WITHIN THE QUIET COUNTRY SETTING
of Elmira, you’re immediately aware that you are worlds away from the city, yet only minutes to everything. It’s a perfect balance of living and lifestyle for those that want to get away from it all and yet have it all. The countryside has an enduring presence at Claysam Homes’ newest community, Elmira’s Country Club Estates. A few minutes in any direction and you will reach fruit and vegetable stands and farm gates where you can stop and purchase garden flowers, homemade summer sausage and delicious organic apples directly from the local farmers. Elmira is home to the world famous Maple Syrup Festival and is located just moments away from the Waterloo Farmers Market, the St. Jacobs Factory Outlet Mall and the Location
Elmira Builder
Claysam Homes Development
Country Club Estates Home Type
Singles, semis and townhomes from 1,178 to 2,301 sq. ft. Sales Centre
79 Country Club Estates Dr., open Monday to Wednesday 3 to 7 p.m.; weekends noon to 5 p.m. Contact
519.669.3569 countryclubsales@outlook.com claysamhomes.com
50 YPNEXTHOME.CA
Village of St. Jacobs where you’ll find contemporary craft studios, antique shops, theatre and excellent dining. Just beyond Kitchener and Waterloo, Elmira is within easy reach of Elora, Guelph and Stratford. From your front door, it’s an easy walk into downtown Elmira with its quaint shops and cafes. As Claysam Homes prepares to launch Phase 2 of this community, there are two model homes that offer a prelude to the features you’ll find within this collection. The Birch model highlights standard features, while the model of the three-bedroom, openconcept Sugarbush is upgraded with many options. Phase 2 will offer 40and 50-ft. lots with walkout basements and double car garages. Prices start at $304,900. Townhomes that quickly sold out in Phase 1 will be offered again in this release.
The last semis are under construction offering a closer closing date, while a version of the Birch is ready for a quick closing. Available as a three- or four-bedroom/office plan, it is a spacious 1,828 sq. ft. with main floor laundry and single garage. The semis are priced from $289,900 while the Birch is priced at $369,900. Reminiscent of yesterday with welcoming front porches and architectural details like brick work and window grills, these homes form a pleasing streetscape to unify the community. This is where homes are designed to embrace all lifestyles and family needs while enjoying the amenities of small town living that include friendliness, security and serenity. For a limited time, purchasers will receive a free Bell Fibe telecommunications package plus the
“Reminscent of yesterday with welcoming front porches and architectural details like brick work and window grills, these homes form a pleasing streetscape to unify the community.”
choice of one three packages: central air or four appliances or a gas fireplace. In its midst, a new elementary school is under construction in preparation for its opening in 2016. A new park is also taking shape alongside walking trails that meander throughout the area creating plenty of opportunity to enjoy nature or engage in recreation like a run, bike ride or a walk with the dog or the kids. Claysam Homes is part of the Mike Holmes Approved Homes Program, a standard feature of its conventional homes in Neighbourhoods of Devonshire Woodstock, Plattsville Estates and Elmira Country Club Estates. Says Sam Scicluna, CEO and founder of Claysam Homes, “We have always been confident in the product and service we provide our customers, but it was reassuring to know that someone like Mike Holmes who stands for quality materials and craftsmanship wanted to stand behind our product.” With more than 20 years of building quality family homes, Claysam Homes has captured the desire of those seeking a quieter lifestyle, away from the city. They have the ability to create more than a house, but a family home for those that appreciate the quality, craftsmanship and features intrinsic to a Claysam home. OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 51
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 52 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, Hogwarts-like 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. 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.
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. Eastforest Homes, Haastown Holdings, Mattamy Homes, 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, Monarch Corporation, Reid’s Heritage Homes and Terra View Homes have developments.
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
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 53
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OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 55
Model Home Photo Compliments of Eastforest Homes.
www.eastforesthomes.com
The Cottonwood – Eastforest Homes - 2014 OHBA Award of Distinction Winner (Most Outstanding Production Built Home) – Vista Hills, Waterloo
OCTOBER2015 Eastforest Homes has been featured as “Model Home Of The Month” as seen in the new home & condo guide model home calendar
Advice | FUNDAMENTALLY SPEAKING
Kitchener-Waterloo Cambridge prove their resilience By Wayne Karl AS BLACKBERRY FALLS FROM GRACE
in the wireless world, many wondered if the same fate would befall the Kitchener-Waterloo and Cambridge area of Southwestern Ontario. Well, if you’ve visited these towns lately, you know that’s not the case. And if you haven’t, proof of the resilience of this region’s economy and real estate comes from the latest House Price Survey from Royal LePage: the housing market is actually being boosted by employment growth in area’s technology sector. Indeed, the survey shows healthy price growth across all housing types surveyed in Kitchener, Waterloo and Cambridge. During the third quarter of 2015, the aggregate price of a home in this region rose 5.9 per cent year-over-year to $346,333. Over this period, the median price of condominiums saw a significant 14 per cent increase year-over-year to $234,026. The median price of bungalows appreciated seven per cent to $333,131, while two-storey homes rose 5.1 per cent to $363,397. Yes – price growth ranging from 5.1 to 14 per cent. “Improving employment figures within the region contributed to yearover-year residential real estate price gains,” says Keith Church, broker of record, Royal LePage Grand Valley Realty. “Steady population growth in this area has created a market that favours sellers, resulting in quality listings moving off the market quickly.” The layoffs at BlackBerry in recent years created concerns that residential units would flood the market, Church adds, but this hasn’t happened, and
new technology startups are drawing workers to the region. A similar story is unfolding elsewhere in Canada, where a rebalanced Canadian economy continues to support healthy real estate markets. Home prices in Canada showed moderate to strong year-over-year increases in most markets in the third quarter of 2015, according to the survey. While the effects of the crude oil shock are still filtering through the economy, the country’s non-energy sectors are beginning to regain momentum as a lower Canadian dollar stimulates sharply
higher exports, particularly to the U.S., supporting overall consumer confidence and the strength of Canada’s real estate markets. On a national basis, the average price of a home increased eight per cent year-over-year to $502,643 in the third quarter. Two-storey homes rose 9.9 per cent year-over-year to $615,304, bungalows 6.8 per cent to $421,757, and condominiums increased 2.7 per cent to $338,945. Comparing KWC’s price growth to these national numbers, it’s safe to say this area has proven it is about more than one company, or one industry.
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
OCT 24 - NOV 7, 2015 | NEW HOME & CONDO GUIDE SWO 57
Homebuyers’ Help
Compare mortgage rates for your best deal CHARTERED BANKS
variable
6 months
ATB Financial
2.45
Alterna Svgs/Alterna Bk
2.55
4 4.00op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op
Bank of Montreal
2.7
Bank of Nova Scotia
2.7
Canadian Western Bank CFF Bank CIBC
2.2
ICICI Bank Canada Manulife Bank
2.75 2.4
National Bank
n/a
President’s Choice Finan Royal Bank
2.7 2.2
TD Canada Trust
2.7
Tangerine
2.7
6.70op 4.45 4.4 6.70op
6.30op
1 year 2.94 4.00op 2.85 5.30op 2.89 6.30op 3.29 6.50op 3.14 6.30op 2.69 2.84 6.35op 3.15 3 3.20op 2.89 6.70op 3.14 6.30op 2.89 6.30op 3.19
2 years
3 years
4 years
5 years
2.64 4.00op 2.85
2.59
2.69
2.79
2.59
2.94
2.68
2.84
3.39
3.89
2.69
3.09
3.39
3.89
4.49
3.04
3.65
4.2
4.74
2.35 2.09
2.39 3.4
2.59 2.55
2.64 4.79
3.65 2.94
3.64 2.84
3.69 2.79
3.69 2.69
2.84
3.39
2.64
2.74
2.79 3.04
3.34 3.65
3.99 4.39
4.44 4.64
2.09
3.39
2.54
4.64
3.24
3.49
3.69
3.79
TRUST COMPANIES Community Trust Concentra Financial
n/a n/a
Effort Trust
n/a
Home Trust Company Investors Group Trust
2.1 n/a
MTCC
2.7
6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op
3.14 2.89 6.30op 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op
3.25 2.59
3.95 3.39
4.39 3.89
4.64 4.64
3.5
3.7
4.3
4.35
2.35 3.09
2.39 3.39
2.59 3.89
2.64 2.59
3.09
3.39
3.89
4.49
6.2 6.40op 3.1 6.15 6.50op 4.2 6.50op
2.79 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 3.09 6.30op 2.8 2.95op 2.45
2.89
2.95
2.99
2.69
2.19 2.35
2.34 2.89
2.54 2.79
2.64 2.79
3.09
3.39
3.89
4.74
3.2
3.65
4
4.5
3.09
3.55
2.49
2.54
2.85
2.95
3.05
3.15
2.55
2.55
2.65
2.65
OTHER FINANCIAL INSTITUTIONS Comtech Credit Union
2.45
First National Fin. LP IC Savings
2.7
London Life
n/a
Luminus Financial
3.25
Meridian Credit Union
2.5
Parama Credit Union
2.65
Steinbach Credit Union
2.25
4
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 Oct. 19, 2015. Prepared By Fiscal Agents Financial Information Services 905.844.7700
58 YPNEXTHOME.CA
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