[ 6-WEEK ISSUE ] Dec 6, 2014 - Jan 17, 2015 Volume 17 Issue 22
Gracious designs and a grand location unite at Evergreens in Ancaster.
INSIDE THIS ISSUE
LIVING IN SMALLER SPACES COMFORTABLY
MATCHING YOUR BUDGET AND HOMEBUYING NEEDS
BRIGHT HOUSING OUTLOOK FOR 2015
THAnK YOu TO OuR
We want to thank our 1,000 homeowners who trusted
helping to make 2014 our most successful year ever. on a selection of spectacular towns, 30’ Visit our presentation Centres
StONEY CrEEK 1589 SQ.FT.
TOWnHOme
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Mississauga Mississauga Lake Lake Ontario Ontario
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ExitExit 27 McLeod McLeod Rd Rd 27
Imagine Imagine
Brown Brown Rd Rd
Montrose Rd Montrose Rd
S C on Wyndfield onklinklin Wyndfield
88
Lake Ontario Lake Ontario
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Mon-Thurs: 1-7pm Fri: 1-6pm Sat & Sun: 11am-5pm
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Empire Communities is pleased to be recognized as Green Builder of the Year
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Prices, sizes and specifications are subject to change without notice. Discounted pricing applies to select homesites for a limited time. *Offer valid for homes purchased before January 16, 2015. Please see Sales for full details. Map not to scale. Exclusive listing brokerage: TFN Realty Inc. Broker protected. E. & O.E.
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us this year when purchasing their dream home,
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SALES CENTRE: 179 Seabrook Dr.
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM Follow us:
SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm MODEL HOME HOURS: Monday - Thursday 1pm-7:30pm; Friday 1pm-5:30pm; Saturday, Sunday and Holidays 11am-5:30pm All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E. 6 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Come for a visit, stay for a lifetime.
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Monday to Wednesday 2-7pm Thursday/Friday by Appointment Saturday & Sunday 11-4pm DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 7
contents p. 14
DEC 6, 2014 - JAN 17, 2015 || VOLUME 17 ISSUE 22
ON THE COVER
DAWN VICTORIA HOMES
Opportunities remain for gracious living at Evergreens in Ancaster
regular and special features IN EVERY ISSUE 10 Editor’s Note 83 Hot Dates 84 Ad Index COLUMNISTS 18 Mortgage Advice
Is the lowest rate always best for your mortgage? by Alyssa Richard
32 Building Blocks
Living comfortably while making efficient use of space by Jeff Paikin
42 Make Your Move
10 things your mover won’t do by Chuck Resnick
60 Expert Advice
Matching your homebuying wish list to your budget by Karen Kessel
54 Fusion Homes
Buyers flock to Grand Opening of Fusion Homes’ The Metalworks
58 Mortgages
Canadians making smarter mortgage decisions: survey
HOMEBUYERS’ HELP 50 City Focus
22
Opportunities abound throughout SWO’s varied housing markets by Wayne Karl
62 Style File
Mixing it up
by Blima Ehrentreu
73 Trending
Mad for plaid by Sara Duck
77 Homebuyers’ Resources
Mortgage Calculator & Rate Table
34
74 Quick Tips
Overjoyed, not overwhelmed: holidays without the hassle by Hellen Buttigieg
86 Fundamentally Speaking
Housing outlook for Canada and SWO: full steam ahead by Wayne Karl
IN THE NEWS 20 Development
Demand for mixed-use projects: demographics driving development
40 Home Building
Nominations now open for EnerQuality’s EQ Awards
community focus features 22 Tillsonburg
Tillsonburg Developments Baldwin Place – freehold bungalows in an adult lifestyle community
34 Niagara Falls
Pinewood Homes invests in Wow factor in its Niagara Falls townhome community
46
46 Multi-Site
Empire Communities from Niagara to Brantford and Hamilton
New Home WATCH
18 London 25 Hamilton 55 Waterloo
THE JOY OF THE HOLIDAYS SHOPPING EVENT!
What’s Your Holiday Joy?
THE JOY OF
LIDAYS
THE HO
SHOPPING EVENT!
$8,000 off
YO U R N E W M O U N TA I N V I E W H O M E!
(our way of spreading a little Joy!)
905.323.6232
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Offer & Specifications subject to change without notice. E.&.O.E. Not valid with any other promotion. Offer valid for a limited time. DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 9
//EDITOR’S NOTE
Take advantage while you can Low interest rates still in your favour
T
he Bank of Canada, in its latest rate announcement on Dec. 3, once again held its interest rate target at one per cent. The rate has been at that level since September 2010, which is good news if you’re in the market for a mortgage. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place. So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant movement next year. However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. Start the New Year off right by taking advantage while you still can.
SUSAN LEGGE
EDITOR-IN-CHIEF Wall2Wall Media
Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook. Search: New Home Guide
Tis the season...
To be tax planning? That doesn’t sound very jolly, but experts say preparing now makes for a merrier deadline
D
ecember is here and the end of the year is in sight, and even though RRSP contribution and tax return filing deadlines are months away, it’s the perfect time for Canadians to begin preparing. Indeed, experts suggest the best tax planning takes place during the year – not at deadline time. Consider, for example: » A new poll from CIBC indicates 31 per cent of Canadians don’t expect to meet the financial goals they set for themselves at the beginning of the year. » 22 per cent didn’t set any financial goals at all, and » Only 13 per cent met all of their financial goals for the year CIBC and other financial institutions say a comprehensive tax strategy includes contributing to a Registered Education Savings Plan, donating to charity and conducting a careful review of all your investments. This latter step can include reviewing your RRSP contributions, and looking for ways to contribute more; as well as taking advantage of the opportunities afforded by a Tax-Free Savings Account. To be sure, most Canadians would rather be enjoying holiday festivities. But with the end of the year in sight, and then the real RRSP and tax deadlines not that far off, time spent on these matters now will yield merrier occasions come tax return time. EDITOR Wall2Wall Media
Jacqueline Hill
DIRECTOR OF SALES, NATIONAL
Josh Heppner
ASSOCIATE PUBLISHER
Susan Maxwell EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge ART DIRECTOR
Daiana Garay EDITOR
Wayne Karl CONTRIBUTING EDITORS
Sara Duck Elisa Krovblit Lydia McNutt
DISTRIBUTION & SALES CO-ORDINATOR
Jennifer Bistron
ADMINISTRATIVE ASSISTANT
Antoinette Jackson MANAGER OF PRODUCTION
Bala Gnanapandithan CO-ORDINATOR
Hannah Yarkony GRAPHIC DESIGNER
Viosa Barileva CONTRIBUTING WRITERS
Joanne Keenan Jeffrey Reed Michele Sponagle
Susan.Legge@wall2wallmedia.com
WAYNE KARL
PRESIDENT, WALL2WALL MEDIA
Follow me on Twitter at Twitter.com/WayneKarl Like us on Facebook. Search: New Home Guide
Wayne.Karl@wall2wallmedia.com 10 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Published By
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867
newhomeandcondoguide.com
ADVERTISING: Call Susan Maxwell at 416.580.1654 FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260; e-mail: susan.maxwell@wall2wallmedia.com Office hours are Mon-Thurs. 9-5; Fri. 9-12
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 2014: All rights reserved by New Home & Condo Guide, Toronto, Ontario. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
DOWNTOWN BEAMSVILLE
MODEL HOMES NOW OPEN! Stunning 2-Storey Townhomes
200,000’s
$
From Mid
SELECT FEW HOMES REMAIN GT ON
BEAMSVILLE
W PK LL HI D
QEW STONEY CREEK
BARTON ST.
From GTA GRIMSBY
SALES CENTRE & MODEL HOMES
From Niagara
ONTARIO ST.
N
EXIT
64 ONTARIO ST.
Y.
SK YW AY HAMILTON
FIFTY RD.
S
IN
CENTENNIAL PKWY.
% 90 OLD
LAKE ONTARIO
RL
RE
OVER
BU
SERENA DR. KIN G ST.
MAY ST.
DOWNTOWN BEAMSVILLE
IMPORTANT: Take Ontario St. (Hwy #18)/Beamsville Exit #64 (From GTA Do Not Take Ontario St./Grimsby exit)
Sales Centre Hours & Location: 5017 & 5019 Serena Drive, Beamsville Hours: Saturday & Sunday 12pm - 5pm Fridays by appointment only
289.566.8889
S T O N E Y C R E E K M O U N TA I N
FAMILY FRIENDLY COMMUNITY!
SEMI-DETACHED HOMES
349,900
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From
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289.396.3096
C H A R M I N G C H I P PA W A
2 MODEL HOMES TO TOUR Beautiful 45’ Park & Greenspace Lots
BUNGALOWS & 2 STOREY HOMES 30’ DETACHED NOW OPEN
304,900 $289,900 $
From
From high
Sales Centre Hours & Location: 9095 White Oak Avenue Chippawa
Hours: Monday - Tuesday 2pm - 7pm Saturday & Sunday 12pm - 5pm Closed Fridays
289.296.3362 SALES CENTRE & MODEL HOME Mann St.
HomesByDeSantis.com
Illustration is artists concept. Prices and specifications are subject to change. E. & O. E.
//COVER STORY
Last opportunities remain for gracious living at EVERGREENS in ANCASTER
S
ooner rather than later, you can be living at Ancaster’s Evergreens, a serene enclave of only 57 estatestyled homes minutes from the olde town and even closer to the country. Designed for your family by Dawn Victoria Homes, Evergreens unites gracious design with the grandeur of historical architecture. Only 15 homes remain, with three homes presently under construction so they can easily become yours in just a few months. Choose from the 2,803-sq.-ft. Loyalist that borders the walkway leading to the community park. At two storeys, it has four bedrooms, main floor Great Room, rear covered porch, dining room, den/living room, plus a second floor family room and laundry room. It awaits your selections for colours and finishes. The Beasley is also a two-storey with four bedrooms – plus a three-car garage. Both of these homes feature a solid oak staircase and will be available in 60 to 90 days. Dawn Victoria has reserved a prime corner lot for a custom home, which is also under construction. At 4,193 sq. ft., there is no luxury spared. Its graciousness begins with a main floor Great Room, dining room, living room, and den under 10-ft. ceilings. The bedroom level enjoys nine-ft. ceilings and a laundry room. The master ensuite will be breathtaking with a pedestal tub as a dramatic focal point. Other custom touches include eight-foot doors throughout, circular staircase to the basement with its height of eight-ft.-six-in. and a main staircase of solid oak. The dream kitchen has been adorned with numerous features that include appliance garages, deep pullout drawers, wood canopy range hood, furniture-styled cabinets and island, crown moulding, valance 14 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
DAWN VICTORIA HOMES | Evergreens
LOCATION: Ancaster HOUSING TYPE: Two-storey and bungalow singles from $422,900 SALES CENTRE: Southcote Rd. at Garner Rd., open 1 to 6 p.m. Monday to Thursday, noon to 5 p.m. weekends CONTACT: 905.304.6099 evergreens_dawnvictoria@bellnet.ca dawnvictoriahomes.com
This home will take your breath away and can still be enhanced with your own selection of colours and finishes. lighting, extended height uppers and built out fridge. This home will take your breath away and can still be enhanced with your own selection of colours and finishes. Two graciously appointed models are available for viewing while illustrating two lifestyle possibilities. Family living is gracious and easy to achieve in the two-storey, four-bedroom Rousseaux of 3,157 sq. ft. Next door, the 2,212-sq.-ft. Halson features main floor living with a two-bedroom loft, ideal for empty-nesters or busy professionals looking to retreat to the lap of luxury and comfort. These country-sized lots of 42- and 50 ft. can be found on Southcote Road, north of Garner Road. With only two streets of homes, Evergreens has the charm of being a community within a community. Designs offer three elevations and dozens of exterior finishes for an appealing streetscape that artfully merges natural elements of the day – stone, brick, wood siding – with state-of-the-art home construction. Evergreens is where clean country air surrounds you and pastures are a whisper away; where city lights are in the distance and quiet nights will be yours. Evergreens is only seconds to Hwy. 403, making access to Hamilton, Toronto and Brantford quick and easy. Or take the back roads and enjoy the scenery. In minutes you can access the LINC and be in Stoney Creek or hop on the Red Hill Expressway and be on your way to Niagara. By next spring, you can be enjoying life at Evergreens in Ancaster in your Dawn Victoria home. DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 15
Model Home Compliments of Mattamy Homes. www.mattamyhomes.com
Enjoy a fine evening and a fine meal with old friends.
DEC2014 Mattamy Homes has been featured as “MODEL HOME OF THE MONTH� as seen in the new home & condo guide model home calendar
INTRODUCING, A WHOLE NEW NEIGHBOURHOOD IN HAWTHORNE VILLAGE. Coming Early In The New Year! Hawthorne South Village is the newest part of the largest community in Milton. Since opening 14 years ago, Hawthorne Village represents home to over 12,000 families. This collection of neighbourhoods offers everything a family needs including the natural beauty of the escarpment. • New Townhomes and Detached Homes • Large variety of exterior styles and interior floor plans • Community schools, retail, parks and playgrounds • Walking/biking trails linked to nature trails throughout the area • Close to downtown Milton with fine dining, shopping, recreational and cultural facilities
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM
Follow Us: All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
LONDON
New Home WATCH BUILDERS: If you would like to include your new model home or site opening, email wayne.karl@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!
PREVIEW REGISTRATION THE TRICAR GROUP London | Village North
Luxury condominiums from the mid $200’s.
tricar.com
FOREST PARK HOMES London | Amour Riverbend
Coming soon – elegant town villas from $234,900.
NEW OPENINGS TRICAR GROUP Stratford | 36Front
Steps from the Avon River, this luxurious new lowrise building features suites ranging from 1,200 to 1,800 sq. ft. in two-bedroom or two-bedroom plus den designs, as well as select penthouses.
36front.com
armourriverbend.ca
SIFTON PROPERTIES London | Westwood Village
FOREST PARK HOMES London | Central Park
sifton.com
Coming soon – urban townhomes from $224,900.
centralparklondon.ca
Grand opening of luxury one-floor Energy Star condos from the low $300’s.
CLAYSAM HOMES Woodstock | Neighbourhoods of Devonshire
Get affordable homeownership in this community of single-family homes minutes from Hwy. 401.
claysamhomes.com
NEW RELEASES SENATOR HOMES Woodstock | Havelock Corners Detached homes from $209,990 in an established community.
senatorhomes.com
18 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
BAYFIELD BLYTH CLINTON GRAND BEND INGERSOLL LONDON MITCHELL SEAFORTH SHAKESPEARE ST.THOMAS STRATFORD TAVISTOCK TILLSONBURG WINGHAM WOODSTOCK
London:
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Please see advertisers ads for location of sites
PRICES
•
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from $199,990
59
from mid $200's
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24
21
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 19
//IN THE NEWS
DEMAND FOR MIXED-USE PROJECTS
Demographics driving development » by LYDIA MCNUTT Canadian homebuyers are forgoing the larger lots and extra bedrooms of the ‘burbs in favour of urban conveniences close to home, according to a recent report titled Emerging Trends in Real Estate 2015 conducted by PwC and Urban Land Institute (ULI). Urbanization is no longer a growing trend, but rather the “new normal.” Hot on the heels of these city-bound homebuyers are developers who are keen to meet buyer demand and add value to their properties by exploring new mixed-use developments like condos and rental apartments which combine residential and commercial opportunities. “In the Canadian market, the bidding on prime properties can be quite competitive. In response to this competition, the market has become very creative in finding ways to enhance value. The convergence of residential and commercial development is a way to illustrate this value,” says Frank Magliocco, national leader, Canadian Real Estate, PwC. “Residential developers have started to add retail and other services such as health care and education in a bid to attract buyers. Likewise, commercial developers are including residential components to their office and retail projects.” Canadian real estate at a glance: The best places to be in 2015
Calgary and Edmonton have been named Canada’s top real estate markets, scoring well for investment, development and housing. Toronto came in third, with continuing migration by residents and retailers to the city core, and an already strong condo market further solidified by a lack of affordable housing. Following closely in fourth, Vancouver is expected to lead in growth in 2015, with steady foreign investment pouring into its robust housing sector. 20 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Montreal’s stable market is expected to remain so in 2015, with a drop in the condo market as it continues to absorb inventory. “Meanwhile, the city is keen to attract high-end retailers via Rue Ste. Catherine, where experts foresee the avenue being transformed over the next five years,” according to the report. While in Winnipeg, a drop in home sales has raised concerns around overbuilding impacting the city’s finances. “The real estate industry of Canada’s large urban centres continues to be an engine of stable economic growth for the country. It has proven itself to be a low-risk business environment for developers and investors,” says Richard Joy, executive director, ULI Toronto. “This is especially true in western Canada. The market shift toward urban cores and transit-supportive communities is a unique opportunity to maximize the value of new public infrastructure investment in major cities across the country.”
OPPORTUNITY. OPPORTUNITY. OPPORTUNITY.
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//COMMUNITY FOCUS
BALDWIN PLACE
Freehold bungalows in an adult lifestyle community LOCATION: Tillsonburg HOUSING TYPE: Adult lifestyle, single-detached custom freehold bungalows SALES CENTRE: 3 Esseltine Dr., open 10 a.m. to 5 p.m. Saturday through Thursday, Fridays and holidays by appointment only CONTACT: 519.842.4251 1.800.265.5709 baldwinplace.ca
T
he initial success of Baldwin Place, Tillsonburg Developments’ premier adult lifestyle community in the town of Tillsonburg, has been overwhelming. New home purchasers have fallen in love with the single-detached custom freehold bungalows, and the lifestyle provided by this cosy community. Tillsonburg Developments is pleased to announce the opening of Phase 9A at Baldwin Place. An additional 32 lots are now available, capping off a tremendously successful year for Tillsonburg Developments. This new release of lots includes a row of larger lots backing onto countryside, including several pie-shaped lots, plus a number of 40-ft. lots and some 45-ft. lots. Another chapter in the Baldwin Place success story involves the construction of an exciting new model home: the never before offered Surrey, a 1,496-sq.-ft. bungalow featuring a gorgeous stone and brick exterior, double-car garage and extra deep lot. Inside this beautiful new model, a spacious open-concept kitchen, living room-dining room area, main floor laundry and two bedrooms provide the
22 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
TILLSONBURG DEVELOPMENTS | Baldwin Place
very best layout for today’s busy adults who also enjoy entertaining at home. Close to every modern amenity, Baldwin Place offers quality-built freehold bungalows starting at just $232,900, including HST. Or, have Tillsonburg Developments modify an existing plan or custom design a home plan for you – you can even bring in your own plan! All of the new model homes at Baldwin Place now have fully-furnished interiors. Each of the model homes are available for purchase (with the exception of the sales office/model), and offer a quick closing. You even have the option of buying a model fully furnished! Currently, there is one spec home available: the Gainsbourough Elevation A with an all-brick exterior. This home is expected to be completed in a few weeks, offering a faster than typical completion and possession time. The gorgeous new Marlborough Elevation B model offers an expanded front porch and single-car garage. The open concept living room, dining room and kitchen areas make this home seem much larger than its 1,280 sq. ft. Natural lighting is controlled
using tilt and raise blinds between the glass of the sliding patio doors. This model boasts an all-brick exterior with the upper portion of the front of the home finished in board and batten siding. Each model home at Baldwin Place offers a variety of standard and upgraded features, allowing prospective purchasers to view a wide variety of options. Baldwin Place also has an interior designer on staff to assist each home purchaser (at no extra cost) with their home’s interior finishes and colours. Choose from a wide variety of selections, all on view in the sales office/decor centre located in the Gainsborough model home, 3 Esseltine Dr., just as you enter Baldwin Place from Quarter Townline Road. In addition to the recreation centre at Baldwin Place, there are a myriad of leisure activities within the town of Tillsonburg and surrounding area – there are approximately 30 golf courses within a 30-minute drive of Baldwin place. No matter what the season, there’s always an activity to enjoy in Tillsonburg. Visit the sales centre and new models today, and see for yourself how Baldwin Place embraces a modern lifestyle within a community-driven town. DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 23
BALDW IN PLAC E
UNBEATABLE
VALUE All-brick, detached, freehold homes starting at
$232,000
(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. E.& O.E. Prices & Specifications are subject to change without notice. 24 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Call us now at 1-800-265-5709 www.baldwinplace.ca
HAMILTON HALTON NIAGARA ANCASTER BEAMSVILLE BINBROOK BRANT BRANTFORD BURLINGTON CATHARINES GRIMSBY HAMILTON
New Home WATCH BUILDERS: If you would like to include your new model home or site opening, email wayne.karl@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!
PREVIEW REGISTRATION SILVERGATE HOMES St. Catharines | Jacob’s Landing
Register now for these 12 luxury towns and singles from the low $500’s.
jacobslanding.ca
ROSEHAVEN HOMES Chippawa | The Ravines at Lyon’s Creek
NEW OPENINGS
rosehavenhomes.com
Award-winning designs on 50-ft. lots from $399,990 – decorated model now open.
LOSANI HOMES Ancaster | Ancaster Glen & The Woodlands Ancaster
Register now for a priority viewing of singles and towns in Ancaster’s most exclusive community.
adidevelopments.com
ROSEHAVEN HOMES Waterdown | Waterdown Meadows
CARRIAGE GATE HOMES Burlington | The Berkeley
Coming soon to downtown Burlington – hotel inspired condo living.
theberkeleycondo.com
PHELPS HOMES Smithville | The Atwater Collection
Register now for this adult lifestyle community featuring a collection of attached bungalows backing onto Twenty Mile Creek.
phelpshomes.com
AVERTON HOMES Niagara-on-the-Lake | Averton Square Coming soon, luxury condominiums to go along with luxury bungalows.
avertonsquare.com
CARRIAGE GATE HOMES Ancaster | Legacy
SPALLACCI HOMES Hamilton | The Towns of Eden Park
A collection of executive townhomes – Grand Opening Nov. 1.
spallaccihomes.com
SPALLCCI GROUP & VALERY HOMES Hamilton | The Residences of Royal Connaught
Returning to Waterdown – popular 35-ft. singles.
Now open – the transformation of this landmark property has begun. Here’s your chance to buy a piece of history.
waterdownmeadows.com
VALERY HOMES Milton | Viva2
royalconnaught.com
Register now for one- and two-bedroom condo suites, while future phases will include condo townhome designs
KINGWOOD HOMES Brantford | Riverwalk West
Now open – 40- and 45-ft. luxury singles, steps from the Grand River.
valeryhomes.com
SILVERGATE HOMES Niagara on the Lake | St. Andrews Glen
kingwoodhomes.ca
Register now for this elegant collection of spacious condo townhomes in this historic town.
standrewsglen.com
SPALLACCI HOMES Hamilton | Eden Park
Coming soon, register today for this collection of luxury 50-, 55-, 60- and 66-ft. lot designs.
carriagegatehomes.com
spallaccihomes.com
BRANTHAVEN HOMES Burlington | Jazz
SPALLACCI HOMES Hamilton | 101 Locke Condos
jazzcondos.ca
eastforesthomes.com
losanihomes.com
Coming soon – Simona Place The Towns of Eden Park Exquisite collection of executive townhomes.
Register now for these condos from the $200’s.
EASTFOREST HOMES Paris | Grandville
Bungalow and bungalow with loft condominium townhomes.
ADI DEVELOPMENTS Burlington | LINK2 Condos + Lofts
Coming soon – one- and two-bedroom condos, and two-storey garden villas and lofts.
MILTON NIAGARA OAKVILLE PARIS PORT DOVER ST. CATHARINES STONEY CREEK VINELAND
Register now – Boutique condo living is coming to Hamilton’s hip Locke Street.
spallaccihomes.com
SPALLACCI HOMES Hamilton | Eden Park
Grand Opening of Chateau-inspired semis collection.
spallaccihomes.com
NEW RELEASES HOMES BY DESANTIS Beamsville | Lincoln Square Fiera
New release of two-storey townhomes within walking distance to trails and natural areas.
homesbydesantis.com
EMPIRE COMMUNITIES Brantford | Wyndfield
New release of freehold townhomes from $219,990.
wyndfield.empirecommunities.com SILVERGATE HOMES St. Catharines | Village on the Twelve
New release of urban townhomes and apartment residences from the $380’s.
silvergatehomes.com
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 25
26
Paris
Port Dover
Simcoe
Binbrook
Grimsby
Georgetown
Caledon
Smithville
Welland
Fonthill
Thorold
OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE
Halton / Hamilton / Wentworth / Niagara:
Ridgeway
Stevensville
Chippawa
Fort Erie
De t Se . m Bu i n To galo w w Co nho n m Ad do e ul tL ife sty le
LOCATION
BUILDERS
SITES
PRICES
Aldershot
BRANTHAVEN HOMES
Jazz
Ancaster
DAWN VICTORIA
Evergreens
Ancaster
LOSANI HOMES
Ancaster Glen
Ancaster
LOSANI HOMES
Ancaster Glen II
Beamsville
HOMES BY DESANTIS
Fiera Collection
•
Beamsville
MOUNTAINVIEW HOMES
Hillside Estates
•
Binbrook
BRANTHAVEN HOMES
The Fairgrounds Finale
Binbrook
EMPIRE COMMUNITIES
Summerlea
•
•
from $332,990
2&3
Brantford
EMPIRE COMMUNITIES
Wyndfield
•
•
from $306,990
2&3
Burlington
BUCCI HOMES
The Villages of Brantwell
Chippawa/Niagara
ROSEHAVEN
Lyon's Creek
•
Chippawa/Niagara
HOMES BY DESANTIS
Lyon's Creek
•
Fonthill
MOUNTAINVIEW HOMES
The Residences at Lookout
•
Fort Erie
MOUNTAINVIEW HOMES
Beaver Creek Estates
•
Hamilton
LOSANI
Greenhill Glen
•
•
from high $300's
85
Hamilton
LOSANI
Paramount at Valley Park
•
•
from low $300's
85
Hamilton
SONOMA HOMES
Style Town Collection
•
from mid $300's
41
Hamilton
VRANCOR GROUP
150 Main
from low $200's
47
Niagara
GREAT GULF
Rolling Meadows
•
•
from $344,990
87
Niagara
MOUNTAINVIEW HOMES
Fernwood
•
•
Niagara
MOUNTAINVIEW HOMES
Thundering Waters
•
•
from $305,900
9
Niagara Falls
PINEWOOD HOMES
The Wow Euro Towns
•
from $229,990
36
Niagara Falls
SILVERGATE HOMES
Victoria Woods
•
from the $300's
38
from mid $200's
5
from mid $300's
13
from $409,990
59
from $209,990
59
from low $300's
4
from low $500's
39
•
PAGE
from mid $200's
12
•
from mid $400's
43
•
from mid $300's
85
•
85
•
from mid $200's
9
• •
•
•
• •
13
from low $500's
29
from $314,990
49
from $289,900
11
•
9 9
•
9
Niagara on the Lake BW HOMES
Niagara on the Green
• •
Oakville
BRANTHAVEN HOMES
Oakvillage
Milton
MATTAMY HOMES
Hawthorne Village
•
Paris
EASTFOREST HOMES
Grandville Paris
•
Simcoe
EASTFOREST HOMES
Woodway Trails
•
St. Catharines
BW HOMES
Victoria Village
•
St. Catharines
JACOB'S LANDING
Jacob's Landing
•
St. Catharines
MOUNTAINVIEW HOMES
Generations
Stoney Creek
EMPIRE COMMUNITIES
Lush at Victory
Stoney Creek
NEW HORIZON
Waterfront Trails
Stoney Creek
ROSEHAVEN HOMES
On the Ridge
•
37&49
Stoney Creek
HOMES BY DESANTIS
On the Ridge
•
11&37
Thorold
MOUNTAINVIEW HOMES
West Community
•
Thorold
ROSEHAVEN HOMES
Gibson Heights
•
Waterdown
COUNTRY GREEN HOMES
The Uptowns of Waterdown
Waterdown
ROSEHAVEN HOMES
Waterdown Meadows
•
Welland
MOUNTAINVIEW HOMES
Harvest Estates
•
• •
17
•
•
9
• •
• •
•
from $331,990 •
33
•
9
•
from $291,990
•
from mid $200's from $474,990
•
2&3
49 7 49 9
OAKVILLE, BURLINGTON, HAMILTON, ANCASTER, PARIS, BRANTFORD, STONEY CREEK, VINELAND, LINCOLN, THOROLD, FONTHILL, NIAGARA, NIAGARA-ON-THE-LAKE, FORT ERIE
from high $200's
Halton / Hamilton / Wentworth / Niagara:
•
•
11
27
28 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Receive $10,000 in Decor Upgrades!
CARE CARE-FREE ADULT LIFESTYLE COMMUNITY
FINAL RELEASE
ONLY
Urban Bungalows One Floor Living
18 UNITS
Priced from the low 500’s $
TO CHOOSE FROM!
Kathie Pillar, Sales Representative Office:
905-335-3042
kathiepillar@royallepage.ca Townhome Model Open Daily
2 MODELS TO VIEW www.buccihomes.com
SITE
X
Hours: Monday - Thursday, Saturday & Sunday 12-6pm. Friday by appt. only Prices and specifications subject to change without notice. E & OE. See sales Rep for details.
G
R
O
U
P
MASTER PLANNED COMMUNITIES
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 29
//MORTGAGE ADVICE
Is the lowest rate always best? » by ALYSSA RICHARD
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.
While at ratehub.ca we’re in the business of comparing mortgage rates, we know there’s more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promotional rates to bring in new clients, but many of those offers come with serious restrictions and penalties. Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:
While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others. 30 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
» LOW PREPAYMENT PRIVILEGES. Most products give mortgage holders the option to increase their monthly mortgage payment amount once per year and/or make lumpsum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lump-sum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage debtfree fast, this may not be the right product for you. » COLLATER AL CHARGE. If the lowest rate ends up being for a collateral mortgage, you’ll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage, you would need to hire a real estate lawyer (and pay legal fees). » CLOSED MORTGAGE. While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product Investors Group offered a couple months ago didn’t allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you. Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate.
LIVING THE DREAM N
O
W
SE LL
IN
G
at the corner of MAIN and Everything
150 Main West Residential Loft Condos Spacious and Open Concept designed suites Fantastic location, in the “Heart of the City”! Spectacular views of the Hamilton Bay, Escarpment and Skyline Standard Features & Finishes: • • • • •
Laminate flooring Porcelain tiles (12”x 24”) Quartz counter top Glass tile backsplash in kitchen Contemporary design cabinetry by Frendel
• Stylish bathrooms and ensuites* • 9 and 10 foot ceilings* with decorative bulkheads • 8 foot doors* • In-suite laundry • Smooth finish ceilings
150 MAIN WEST Occupancy Early SPRING 2015 !
Building Features: • • • • • •
Concierge service Contemporary finished corridors and suite entry areas Party room with catering kitchen, library and fireplace Fully equipped fitness centre with aerobics/yoga/stretching area Year round swimming pool with outdoor sundeck Courtyard with multiple barbecue stations and various seating arrangements
6 Piece Appliance Package Included GE* Stainless Steel Kitchen Appliances
Sales office hours are: Mon-Thurs 12-6pm Sat & Sun 12-5pm Friday (closed-by appointment) Please call us at 905.667.1900.
STARTING IN LOW
$200’s
Hamilton
(*as per floor plan design of unit type/sizes and specifications are subject to change without notice E.& O,E.). (*BONUS Cable, Phone & Internet Package FREE for 6 Months from Cogeco) (*trademark)
www.150mainwest.com | info@150mainwest.com DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 31
//BUILDING BLOCKS
Smaller spaces, bigger vision LIVING COMFORTABLY WHILE MAKING EFFICIENT USE OF SPACE » by JEFF PAIKIN
“Living large” is a mantra North Americans have been far too familiar with over the past few decades.
JEFF PAIKIN
Past President of HHHBA, has been in the building industry for more than 20 years. As President and CEO of New Horizon Development Group (Builders of the inaugural CHBA Green Home of the Year), there isn’t much in the housing world he hasn’t seen. Jeff will provide regular insight and perspective of what’s going on in today’s market and what buyers should be aware of as they prepare to make a purchase. He can be reached at info@newhorizonhomes.ca
Fortunately, most of us have come to realize that it’s not just our fast food portion sizes or our behemoth SUVs that could use some slimming down. Wastefulness and excessiveness are in steady decline, with growing numbers examining where in their lives they can cut back in order to save time, money and effort. This shift in perspective has been quite apparent in today’s real estate market. As baby-boomers seek simplicity in smaller, uncluttered spaces, and young up-and-comers seek affordable living in minimalist condos and lofts, smaller spaces have become the dominant trend in new homes. Not so long ago, the idea of a smaller home used to elicit images of being cramped and inconvenienced, with no place to entertain guests or even enjoy a bit of privacy. All that has changed over the past decade as architects and designers have devised and implemented proven techniques to maximize the functionality and flow of today’s living spaces. Housing is typically the largest expense most people will ever assume. Miscalculating just how much home you require can cost you thousands of dollars over the life of your mortgage. Try to imagine the myriad of benefits that go along with your smaller space and even smaller mortgage and all of a sudden the idea of less being more takes on a whole new meaning. For starters, spending less on the actual home permits the homebuyers to redirect their money towards personalizing their living spaces with finer materials and superior craftsmanship, making it distinctively charming and livable. Also keep in mind that quality flooring, finishes, fixtures and furniture are all much more affordable when dealing with a smaller space. Another major factor driving the smaller spaces trend is a rapid rise in eco-consciousness. The ideal of an enormous house filled with specialized, rarely used rooms is purely a North American one. If you are sincere about contributing to a sustainable future and reducing your carbon footprint a smaller home can make the biggest difference. No matter how many Green materials a large home has, its sheer size, unutilized space, and sometimes dysfunctional design make for a very inefficient living space.
32 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Proper “Green living” almost always results in substantial long term savings, which is why the positives of living in a smaller habitat continue giving for the entire lifetime of the house, as every room must be furnished, heated, cooled and so forth. The environmental positives of a smaller living space are even greater than the financial benefits that you reap. A smaller home means a smaller footprint on the earth, in every measurable way – fewer trees cut down, less earth bulldozed, less petroleum burned, less steel mined – essentially less usage of every resource. So a smaller living space – an eco home, and using Green materials, appliances and building methods can make it even Greener. Canadian homebuyers are realizing that a home that expresses your values and that’s a joy to live is not a function of square footage. Most of today’s larger homes are designed to overwhelm rather than welcome. Homes with cavernous spaces just aren’t as intimate and comfortable as those properly scaled down to the homeowner’s life. Think of your house as a tailored suit, just big enough to fit you perfectly. People who are able to make smaller living spaces work, often find themselves with a surplus of time and resources to direct towards other areas of their life such as family, health, career and leisure. Perhaps a smaller home can create a more balanced and enjoyable life for you – one that will keep you connected to the things that truly matter.
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 33
//COMMUNITY FOCUS
PINEWOOD HOMES
invests Wow factor in its Niagara Falls townhome community LOCATION: Niagara Falls HOUSING TYPE: Euro townhomes 1,154 to 1,390 sq. ft. from $229,990 SALES CENTRE: 7107 Kalar Rd., at McLeod Road, open Monday to Wednesday noon to 6 p.m., weekends 11 a.m. to 5 p.m. CONTACT: 905.329.5195 frank.f@pinewoodniagarabuilders.ca thewow.ca
34 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
P
inewood Homes has invested a lot of wow factor into its newest Niagara Falls townhome community – The Wow. This community of 60 three-level townhomes captivates and entices homebuyers with style, innovation and panache, just as the falls wows visitors from near and far. The Wow extols the virtues of carefree living with a touch of cosmopolitan design in these townhome condominiums. With a gracious presence resembling a chateau, these homes allude to a new sense of style for Niagara Falls. The Euro exterior is stone and stucco with second level walkouts. Stately windows offer both practical and detailed aspects to the traditional exterior while an abundance of light flows through the modern, open-concept interiors of contemporary style. The design will wow you. Built back to back, each offers three levels where low-maintenance living is the rule. Condo living means there is no snow to shovel or grass to cut. The design integrates higher, wider windows to welcome natural light in all rooms. Without the garage biting into the main level, there is increased usable space for kitchen, dining and living areas, essential elements of main floor living designed to wow you.
PINEWOOD HOMES | The Wow
Every townhome has a fully insulated garage that enables its use for more than the fair weather seasons. Depending on the plan, the entry space at garage level is large enough to embrace a sitting area, workout space, a teen’s retreat or a home office/guest room should you need to accommodate overnight visitors visiting the honeymoon capital of the world. You will be wowed by the size – increased square footage and wider than traditional townhome designs. The facade is unique for Niagara Falls as are luxury features and the private terraces. Five plans offer one-, two- and three-bedroom layouts within 1,154 to 1,390 sq. ft. A virtual tour at thewow.ca introduces a sophisticated approach to condo living that embraces style and design within an urban setting close to schools, shopping and even the countryside. Within walking distance, there are plenty of dining spots, sports bars and eateries, plus grocery stores, services, parks and schools. You’re minutes to the mighty roar of Niagara yet secluded from the lights and fanfare in your own private enclave. Wow – what a choice.
Interiors await your finishing touches as homebuyers have an opportunity to select the cabinetry, ceramics, carpeting and paint colour of choice. Interiors await your finishing touches as homebuyers have an opportunity to select the cabinetry, ceramics, carpeting and paint colour of choice. For a limited time, Pinewood is playing Santa and including, nine-ft. ceilings on the ground and main floor, berber carpet on upper floor, premium laminate on ground and main floor, central air, three stainless steel appliances, barbecue and a patio set, plus a door from the garage to the house. And for a Christmas bonus, purchasers can choose one of the following options: granite countertops in the kitchen, wrought iron railings or a washer and dryer set. The community design also includes gardens and sitting areas that are vital for residents to connect with the outdoors. Value, space and a great lifestyle – wow! What more do you need? DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 35
50% Phase sol 1 do
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0 9 9 , 9 2 2 $ t Starting a
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.ca w o w e h t t a e r o find m 905.329.5095
Lane Lundy’s
QEW rose Mont
9’ Ceilings ate Flooring Premium Lamin itioning Central Air Cond s Steel Appliance Three Stainless e with more spac rs o ri te in r e id W y more... plus many man
agar 7107 Kalar Road Ni d & Kalar) (corner of McLeo
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Kalar
S U N O B R E T WIN PACKAGE
NTRE PRESENTATION CEa Falls
McLeod
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t notice E.& O.E
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tions are subjec
Prices & Promo
SPACIOUS SEMIS “We chose On the Ridge by Rosehaven Homes because of the style of houses that we offered, location and PRICE! PRICE! PRICE! I am moving to the Stoney Creek area because my fiancée (Kathleen) lives there and the prices are much better than what is in the GTA.”
Min. 25’
Paul-Luca Canzio & Kathleen Young Schomberg, ON
Sablons, 1,905 sq.ft. - Rosehaven Homes
Stoney Creek’s Family First Community Live large in a spacious semi at On The Ridge. With room to grow, it’s the lifestyle you want for your family... a touch above!
ehaven Homes Sablons, 1,905 sq.ft. - Ros
· Sensational designs · Stunning interiors · Spectacular backyards · Suit every family’s needs · Select from 10 designs · Surrounded by fun · Semis from 1,300 to over 1,900sq.ft
STONEY CREEK
35’ & 40’ Singles available too! TWO AWARD-WINNING BUILDERS IN SOUTH WEST ONTARIO Presentation Centre is located at: First Rd. W. & Mud St. E. Hours: Mon to Thurs: 1pm to 7pm Sat, Sun & Holidays: 11am to 6pm Closed Friday Rear yard dimension is approximate and subject to change depending on choice of lot and house. Prices and specifications correct at press time. Prices quoted are in $ thousands. Maps not to scale. E. & O.E.
Site is located at: First Rd. W. & Highland Rd. W. 37
W O N R E T S PRE-REGNI THE VIP WAITING LIST TO BE PLACED
O
MS
RD
.
D OO
ND
HE
D.
BLV
GARNER RD.
ST.
OT
H ERS
LUNDY’S LANE
PRE-REGISTER NOW! silvergatehomes.com | 905.680.6000 info@silvergatehomes.ca Prices & specifications subject to change without notice. 38 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
HWY 98
NW IRO
DA
QUEEN ELIZABETH WAY
ER
KALAR RD.
AV
BEECHWOOD RD.
EXPERIENCE LUXURY TOWNHOME LIVING IN NIAGARA FALLS STARTING FROM THE $300’S
BE
Built by:
D O E O M ! W O N K H E C EL OP LOO D W M NO Visit the Sales Centre to view the fully finished
LOCKWOOD MODEL HOME!
REGISTER NOW AT www.jacobslanding.ca
Discover Jacob’s Landing
Visit our Sales Centre
Luxury Towns and Singles from the low
58 SIMPSON RD. ST. CATHARINES
500,000 s
Sat, Sun, 1-4pm
$
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 39
//IN THE NEWS
GREEN HOME BUILDERS DESERVE RECOGNITION
Nominations are open for EnerQuality’s EQ Awards The home building industry is creating Greener communities across Ontario. When it comes to energy efficiency and sustainability, builders are re-thinking and changing housing in all disciplines, including planning, design, construction and marketing. Take the adoption of Energy Star for New Homes – since the introduction of the program almost 10 years ago, more than 58,000 qualified homes have been built in Ontario. Last year alone, 29 per cent of all homes built in the province were Energy Star qualified. Every year, select builders, energy evaluators and industry partners are honoured with a number of prestigious awards at the EQ Awards Gala, taking place this year at the Sheraton Parkway Toronto North Hotel and Suites in Richmond Hill on Feb. 19, 2015. A full day EQ Housing Innovation Forum will be followed by the EQ Awards, at which we will be celebrating the 10th Anniversary of Energy Star, the most successful Green building program in Canada. ”Energy Star is the most trusted brand for energy efficiency in Canada, and awareness is increasing that new homes can be qualified to this high standard,” says Corey McBurney, president of EnerQuality, Canada’s number one certifier of Ggreen building homes. “We must recognize those builders who are continually improving, and pushing the boundaries through innovation.” Corey notes that the awards nomination process has begun and EnerQuality is asking for help identifying this year’s top performers.
40 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Awards are granted in a number of categories, including the Building Innovation Award that recognizes a builder who has demonstrated technical excellence while implementing high performance building practices; and the Ontario Green Builder of the Year award that recognizes an outstanding home builder that has led the residential building industry in environmental responsibility. Other awards categories include: » EnerQuality’s Energy Star for New Homes Builder of the Year (Large Volume) » EnerQuality’s Energy Star for New Homes Builder of the Year (Mid Volume) » EnerQuality’s Energy Star for New Homes Builder of the Year (Small/Custom) » EnerQuality’s Energy Star for New Homes Champion of the Year » Best Green Marketing Campaign » Green Renovation Project of the Year » Evaluator of the Year » Leader of the Year (nominated by EnerQuality) » Hall of Fame (nominated by EnerQuality) “It is important to recognize the outstanding innovators committed to ensuring Ontario remains a leader in high performance building. We are proud to acknowledge and celebrate their remarkable achievements,” says McBurney. The deadline for nominations is Dec. 5, 2014. Winners will be announced at the EQ Awards Gala. To nominate a builder, evaluator, supplier or even yourself, or to learn more about the EQ Housing Innovation Forum or EQ Awards, visit enerquality.ca Some categories are free to nominate, and all nominations are complimentary with the purchase of an EQ Awards Gala ticket. EnerQuality’s mission is to transform Ontario’s housing into the most energy efficient and sustainable in the world. Its programs are voluntary and market-based. They are designed to encourage and support developers, builders and renovators improve building performance and reduce the environmental impact of housing. The company partners with local home builders’ associations, utilities, manufacturers and consultants to bring its programs to market.
NOW OPEN! Live in
OVER
40%
SOLD
WEST 5TH
STONE ONE CHURCH RD. RD W.
UPPER JAMES ST ST.
TORONTO
LINCOLN M. ALEXANDER LINC ANDER PKWY
GARTH ST ST.
IN UPGRADES INCLUDED
LINC
to 403
403
$70,000 $300’s
N
BRANTFORD
STARTING FROM THE MID
W ES
OVER
T
HAMI LTO N
Be connected to everything!
AIN NT OU M
RYMAL RD. W. RYM
Site hours: Mon-Thurs 3-6pm Fridays by appointment Sat & Sun 12-5pm
sonomahomes.ca DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 41
//MAKE YOUR MOVE
10 THINGS
your mover won’t do » by CHUCK RESNICK When you hire a moving company, it is important to understand what services the firm can and cannot do. Here are 10 common issues that most movers won’t do, or are forbidden to do by law: › Move hazardous materials, containers of
fuel and gas-powered items that are not emptied of fuel. This is in accordance
CHUCK RESNICK
is Vice-President, Marketing and Operations at Two Men and a Truck – Canada
with Ontario’s Health and Safety Act and Hazard Materials Act. The law prohibits us from transporting these types of goods. › Move live plants. Many movers, including our company, have their own guidelines about this. Securing plants takes a level of special treatment that we are not prepared to offer. If customers need advice on how to move plants, we can help them find companies that are equipped to do so. In our experience, most customers move plants themselves. › Move animals. This takes special care, and movers are not willing to take responsibility for pets during a move. You are best to arrange for them to be somewhere else on moving day, and then ease them into their new surroundings yourself. › Move personal valuables. It makes sense that small valuables such as jewelry, stocks, bonds and cash are items you want to transport yourself. › Stop the clock because there is a change on your end. We get paid from the time we leave our facility until the time we return. If you change the parameters of your contract or something unexpected happens on your end to cause a delay, the move continues on as planned but will likely extend longer than indicated in the estimate.
42 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
When you hire a moving company, it is important to understand what services the firm can and can’t do. › Move items larger than we have the ability to do. When we see items that are too big and bulky for us to handle, we will let you know. Upright pianos, for example, are incredibly heavy and usually require heavy-duty dollies and a truck with a lift gate. We can definitely help you with any size of piano. Massive walls can also present challenges. We can help you find the right firm to move any specialty items, if required. › Provide insurance coverage for items of extraordinary value. Ontario’s Conditions of Carriage requires movers to insure items at least $0.60 per pound. If our coverage does not include antiques or works of art, we can arrange it through our insurer as long as these things are itemized up-front. Your homeowner insurance policy may also have a rider for goods in transit. › Rearrange your furniture. Sometimes people ask us to rearrange their furniture at their destination, which adds to the time estimated for your move. We are happy to provide you with this service, at a cost. › Install major appliances. We are neither plumbers nor electricians. If you require installation of your major appliances, arrange to have those professionals help you during your moving week. › Load pre-packed boxes and items into a U-Haul or storage pod. We do not do “load only moves.” If someone else is driving the vehicle and the goods are not under our control, we can’t take responsibility for the condition of the goods at their final destination. All of the above help ensure that your possessions arrive at the other end of the move in one piece, with the safety of you, your family and the movers in mind. That’s our job!
It’s your last chance, only a few lots remain!
403
Gracious design, Grand location. Evergreens on Southcote. Only minutes from olde Ancaster and its shops and boutiques, Designed for you, your family, your life – everything you’ll ever need. 6
SOUTHCOTE RD
Single Detached Homes from the mid $400s
GARNER RD E
DawnVictoriaHomes.com
Ancaster | 905-304-6099 Sales Office Hours Mon to Thurs 1pm–6pm | Friday by appointment Saturday & Sunday 12pm–5pm DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 43
December 2014.
//COMMUNITY FOCUS
EMPIRE COMMUNITIES…
from Niagara to Brantford and Hamilton
A
s the excitement of Christmas approaches, it seems like just the time to celebrate the myriad of good things that have been taking place in some of Empire’s communities across Southwestern Ontario this year. IMAGINE
What could be more appealing than living minutes from one of the wonders of the world? Or meandering along country roads sampling some of Ontario’s finest wines? Or driving along the Niagara Parkway on a summer’s day? It’s all just minutes from your doorstep when you live at Imagine, Empire’s new masterplanned community in Niagara Falls. Launched slightly more than a year ago, and hailed as one of the most significant residential 46 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
communities ever introduced in the Niagara Region, Imagine is already home to approximately 100 families from single people, to young couples, to families and also empty nesters with hundreds more set to move in over the next year. Imagine boasts a range of different living styles, including townhomes as well as small and large single-family detached homes on 30-, 36-, 44- and 46-ft. homesites. The home prices start at just $216,990. Niagara Falls Mayor Jim Diodati attended the opening of Imagine and commented, “Niagara Falls has been waiting a long time for this community to launch. We are delighted to see that Imagine is being so well received and that it caters to all ages and stages of people’s lives.” The Imagine Centre is located south of McLeod Road and off Kalar Road. empireimagine.com WYNDFIELD
Empire’s highly successful master-planned community of Wyndfield has had much to celebrate over the past few months. With the launch of five new
EMPIRE COMMUNITIES | Multi-site
model homes earlier this year, visitors to the sales office were given a true sense of what living at Wyndfield is all about. Set on the scenic, rolling terrain of southwest Brantford, Wyndfield features beautifully designed townhomes priced from $219,990 and single-detached homes on 30-, 36- and 44-ft. homesites that range from just $269,990 to $469,990. As one of the area’s fastest growing communities, Wyndfield is now home to over 1,500 families and launched Phase 5 just last month. Wyndfield recently celebrated the milestone of now having 1,000 Energy Star qualified homes, making Empire Communities the largest Energy Star builder in Southwestern Ontario. This milestone in Wyndfield demonstrates the builder’s commitment to their homeowners and the community of Brantford through their high performance and energyefficient homes. The Wyndfield presentation centre is located at 309 Blackburn Dr. empirecommunities.com LUSH AT VICTORY
It was just this past summer that Empire Communities introduced Lush at its popular community of Victory in Upper Stoney Creek. Lush at Victory will feature close to 650 homesites with brand new designs including townhomes starting at $299,990 as well as single-family detached homes on 30- and 36-ft. homesites priced from just $359,990. Located beside Heritage Park, which has a number of sports parks for soccer and baseball, Lush is also next to Ontario’s Bruce Trail with miles of nature trails for outdoor enthusiasts. The community is situated next to Centennial Parkway and minutes from the Red Hill Valley Parkway and QEW for easy access to Toronto, Hamilton and Niagara Falls. The Lush presentation centre is located at 22 Green Mountain Rd. West. empirelush.com
As the excitement of Christmas approaches, it seems like just the time to celebrate the myriad of good things that have been taking place in some of Empire’s communities across Southwestern Ontario this year.
SUMMERLEA
With 2014 coming to a close and a new year around the corner, Empire Communities and homeowners at Summerlea have lots to be thankful for. Located in the quaint and historic town of Binbrook just minutes from the amenities of downtown Hamilton, Summerlea features charming freehold townhomes starting
at $267,990 and detached homes starting at $299,990 on 30-, 36- and 44-ft. homesites. Outdoor living is a feature attraction at Summerlea with all the benefits of country living and the advantages of a big city close by. Homeowners can explore the Lake Niapenco reservoir; hike the Binbrook Conservation Area or golf at world-class courses. The Summerlea sales office is located at 3 Binhaven Blvd. empirecommunities.com DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 47
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Seek haven from the ordinary
The Welland - Lyon’s Creek, Chippawa
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
CHIPPAWA/NIAGARA
LYON’S CREEK NEW 36’ Singles and 36’ Wide Freehold Towns from $314,990 Condominium Towns Coming Early 2015
THOROLD
GIBSON HEIGHTS 45’, 36’ Singles, 30’ Attached Singles & Freehold Towns from $291,990 Move in Ready Inventory Homes Available
STONEY CREEK
ON THE RIDGE Semi Detached Homes from $354,990 40’ & 35’ Singles from $464,990
WATERDOWN
WATERDOWN MEADOWS 35’ Singles from $474,990 Prices and specifications correct at press time. Photo is of actual Roseahven Home. E. & O.E. 49
CITY FOCUS//
Opportunities abound in
SOUTHWESTERN ONTARIO’S varied markets » by WAYNE KARL
I
n Southwestern Ontario, the options for location and home type are plentiful, given the variety of markets that comprise the region. Indeed, the beauty of this area is that it’s made up of so many different locales – from Hamilton to London to Kitchener-Waterloo to Niagara. Though all combine to make up part of the “Ontario” market, which is part of the “Canadian” market, they are all very individual markets, with distinct local economies, employment pictures and other important influences. One of the characteristic differences of SWO over the GTA, for example, is the region’s heavier reliance on a manufacturing economy. As the U.S. recovery strengthens into 2015, Southwestern Ontario is expected to be among the chief beneficiaries. And, of course, SWO also has the benefit of lower average home prices. In Hamilton, for example, average prices are about $150,000 lower than in Toronto.
50 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
KW AT A GLANCE POPULATION
220,000
MAJOR EMPLOYERS
Advanced manufacturing, education, technology sectors AVERAGE HOME PRICES
Oct. 2014: $330,121 Oct. 2013: $312,395
DISTANCE FROM TORONTO
91 kilometres
Here is a look at some of the key markets, highlights and opportunities in Southwestern Ontario. KITCHENER-WATERLOO Kitchener-Waterloo may have once been best known as the home of KitchenerWaterloo Oktoberfest, meat processor Schneider Foods and the Ontario Hockey League’s Kitchener Rangers. But while rich in German heritage and other culture, the town of about 220,000 has more recently gained a reputation more for high technology than pork sausage and beer-inspired oompahs. In fact, this vibrant community located in the Region of Waterloo in the heart of Southwestern Ontario, help form the three point-towns that make up “Canada’s Technology Triangle.” Kitchener-Waterloo and Cambridge today comprise one of Canada’s most diverse economies, evolving from a reliance on manufacturing into a balanced economy that crosses many sectors. Today, the area boasts a thriving advanced technology sector and a highly skilled workforce in the IT, automotive, business and financial services sectors. Complementing these strengths is a naturally advantageous location off Hwy. 401, close to major Canadian cities Toronto and Hamilton, as well as to entry points to the US at Michigan and New York. All of this has the region poised for long-term economic health. Employment and population growth, two key factors in housing demand, are both doing well in the area, though they are not without their challenges in the short term. The KW region has experienced a shift in the new home construction market from single-detached homes to condos, and demographic changes will support this continuing trend, according to CMHC. “Housing demand in 2015 will be supported by in-migration and job growth. In the longer term, as baby boomers age, the trend to smaller households will support the shift to higher density housing,” says Erica McLerie, CMHC’s senior market analyst for Waterloo Region. For prospective homebuying, KW-Cambridge is ranked as the number two investment area in Ontario between 2013 and 2018, according to the Real Estate Investment Network (REIN). In addition to the strong economy, a commitment to infrastructure improvements and transportation projects will help drive the economy and real estate market in this area, the group says. Builders seem to agree, as all of Branthaven Homes, Dunsire Developments, Empire Communities, Eastforest Homes, Fusion Homes, Laurel View Homes, Losani Homes,
Monarch Corporation, Reid’s Heritage Homes, Terra View Homes, Kenmore Homes and Andrin Homes have developments underway in Kitchener, while Haastown Holdings and other companies are building in Cambridge. HAMILTON Hamilton may be only less than an hour’s drive west along the Queen Elizabeth Way, but it has long lived in the shadows of its big city neighbour Toronto. Long known as Steeltown, Hamilton has undergone a fundamental transformation that has the city poised for long-term prosperity. For homebuyers considering purchasing in the area, there are good
HAMILTON AT A GLANCE POPULATION
692,000, metro area MAJOR POST-SECONDARY INSTITUTIONS
McMaster University, Brock University, Mohawk College NUMBER OF PUBLIC AND CATHOLIC SCHOOLS
180
MAJOR EMPLOYERS
Health services, manufacturing, government, education sectors AVERAGE HOME PRICES
Oct. 2014: $420,000 Oct. 2013: $360,000
DISTANCE FROM TORONTO
70 kilometres, 45 minutes
51
reasons to consider Hamilton. The city has been cited as among Canada’s most welcoming areas, particularly for first-time buyers. REIN, for example, has named Hamilton as the top real estate investment town in all of Ontario through to 2018. Continuing diversification of the city’s economy, coupled with increased accessibility provided by the transportation improvements, provides a strong economic base, the group says. In a few short years, Hamilton’s economy will be unrecognizable compared to past decades. In recent years, Hamilton has seen significant expansion in sectors such as health care and post-secondary education, offsetting a historical reliance on steel manufacturing. Indeed, Hamilton’s economy today is much more diversified than the Hammer of old. Housing demand in Hamilton is to remain stable, as improving economic conditions and higher net migration will support demand in the area. Gradual improvement in job and income growth, combined with modest price increases, should support Hamilton resale activity, CMHC says. Developers see this potential and a number of new projects are underway from all of Losani Homes, Empire Communities, Multi-Area Developments, New Horizon Homes, Spallacci Homes and Country Green Homes, with many aimed at first-time buyers and priced accordingly. OAKVILLE Oakville may be historically known for the famous Ford plant, oil refineries along the lakeshore and up-market homes, shops and restaurants. These days, Oakville may still show some of those classic characteristics, but it is increasingly earning a reputation as a city on the rise with a self-sufficient, driving economy. Blessed with a strong natural location along of the shores of Lake Ontario, with easy access to major Canadian cities as well as those in the U.S. via the QEW and rail
lines, Oakville now shines in business as well as culture, recreation and leisure. With a vision to become “the most livable town in Canada,” the Town of Oakville is intent on building a robust economy with potential for future growth, and the local economic development authority has a comprehensive plan to capitalize on traditional strengths. Oakville Town Council, in fact, recently won an Economic Developers Council of Ontario (EDCO) award in the category of Redevelopment Initiatives, for its leadership in developing the Bronte Business Action Plan. The Bronte Business Action Plan, led by the town’s Economic Development department, was initiated to further Bronte’s economic development and urban revitalization. The Bronte BIA will implement the action plan from 2013 through 2016. A strong and diversified economic base offers an excellent location for both new and expanding businesses. More than 260 national and international corporate headquarters constitute an important part of the 4,500 employers in Oakville. Oakville’s top 100 employers by industry include companies from the automotive, manufacturing, pharmaceutical, professional service and construction industries. While manufacturing industries account for 15 per cent of employment, managerial, business and administrative categories make up 36 per cent of occupations. A number of new businesses have also made their way to Oakville, bringing more than 650 new jobs and absorbing more than 411,000 sq. ft. of commercial and industrial facilities. Supporting all this development is a strong and further improving transportation infrastructure. Prime
OAKVILLE AT A GLANCE POPULATION
165,000
MAJOR EMPLOYERS
Automotive, technology, pharmaceutical, construction AVERAGE HOME PRICES
Oct. 2014: $645,000 Oct. 2013: $580,000
BURLINGTON AT A GLANCE POPULATION
175,000
MAJOR EMPLOYERS
Sales and service, business finance administration, management, trades and transport sectors AVERAGE HOME PRICES
Oct. 2014: $420,000 Oct. 2013: $360,000
location at the centre of major transportation routes – the QEW and Hwys. 403 and 407 – facilitates access to major markets in Canada and the US. The network includes toll and toll-free expressways, commuter and urban public transit, by rail and bus, national and international rail service for people and goods, global passenger and cargo aviation services, and extensive inland and international marine shipping facilities. Developers see the growth potential in Oakville, and a number of projects are underway from companies such as Fernbrook Homes and Menkes Developments. And in nearby Hamilton, DiCenzo Homes, Multi Area Developments and New Horizon Homes have new openings, while in Burlington, Davies Smith Developments is also building. This means plenty of new-home shopping options for prospective buyers. BURLINGTON Ten years or so ago, if you were asked to describe Burlington, you might have thought
of it as just west of Oakville, lots of land space, a bit of a bedroom community between Toronto and Hamilton. Burlington still shows those characteristics, but is increasingly earning a reputation as a city on the rise, with a progressive local government and economic development office helping to build a self-sufficient economy. Burlington shines in business as well as culture, recreation and leisure. Like Oakville, Burlington’s proximity to Hamilton, the GTA and the U.S. is central to its prosperity. The city has a clear vision of its future. Core economic strengths focus on advanced manufacturing, software development, financial services, biotechnology, environmental and logistics enterprises. Increasing diversity is one of the keys to future growth, as this would build resilience and sustainability to expand further beyond its traditional industrial markets. Mayor Rick Goldring says the Burlington Economic Development Corp. is one of the city’s top priorities. City Council has endorsed aggressive growth targets and has formally asked BEDC to take a more direct and active role in the short- and long-term development and marketing of Burlington. Already well positioned with extensive access to regional, national and international transportation networks, the city is also the beneficiary of recent investments in infrastructure to improve highways and mass transit, to facilitate business growth and community development. Currently in Burlington, a disparity exists between local jobs and the skill-set of residents, says BEDC. Residents have to commute outside the city to find work, particularly in professional services. As a result, approximately 55 per cent of Burlington residents commute to jobs in Oakville, Mississauga and Toronto. In the manufacturing industry, the opposite occurs, as Burlington imports labour from outside the city. All of this is important news for prospective new-home buyers looking to buy in and around Burlington. These plans mean more local job opportunities, which leads to employment and average wage growth – key determining factors to support new housing and increasing real estate values. Developers catering to this demand include: Branthaven Homes, with two- and three-storey luxury townhomes in downtown Burlington; Tobyn Park Homes, which is building ParkCity, a condominium also in the downtown area; and Adi Development Group is building Mod’rn Condominium, in the heart of the city. DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 53
//IN THE NEWS
Outstanding response to Fusion Homes’ GRAND OPENING OF THE METALWORKS Fusion Homes’ recent Grand Opening for The Metalworks, Guelph’s new urban village, met with overwhelming customer response, with more than 250 people visiting on opening day. Doors opened at 8:15 a.m. to accommodate those who had camped out overnight and lined up early to get first choice of suites. The line-up continued outside the office and remained constant throughout the morning. By early afternoon, the phase one tower was 50 per cent sold. Pricing of the tower suites started from the $190’s. The newly constructed sales office located at 5 Arthur St. S. was built with the use of salvaged materials from the site, demonstrating its historic past. Interested purchasers gathered around the seven-ft. scale model of The Metalworks development, which is situated between the Speed River with a 50-ft. wide River Walk and Arthur Street. The development will comprise five phases, with phase one consisting of 114 suites and five penthouse units in the 10-storey tower, and 14 townhouses. Of those townhouses, six of them will be overlooking the Speed River and be known as the River Lofts. The townhouses and penthouses are expected to be released in February 2015. The move-in date for phase one is expected to be late 2016. The Metalworks development has garnered more interest than any other development Fusion Homes has had in the past. The nearly $300-million, eight-acre, five-phase master-planned development is situated in historic downtown Guelph. The 600-plus units at this transit-friendly, environmentally sensitive urban village will be built over a five- to 10-year horizon. Outstanding 54 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
features of this new community include: the revitalization of the former industrial lands once owned by W.C. Wood Company Ltd., a freezer manufacturer, to create a vibrant new live/work downtown destination; over 2.5 acres of the site dedicated to new greenspace; a 50-ft. wide River Walk enhancing connectivity to the Speed River; and up to 30,000 sq. ft. of proposed retail/commercial space. Phase one will be completed with more than 2,500 sq. ft. of inspired indoor residential amenities, complete with a state of the art fitness centre, a stylish entertainment room open to a courtyard with barbecue area, a welcoming lobby and pet spa. The vision for the development is a self-sustained village with restaurants and shops. This historic site at 5 Arthur St. S. is steps away from where the city was founded, and once housed a grist mill, a distillery and foundries. Now, this once prolific site of industry will be transformed into a dynamic community filled with culture and creativity. The architecture of the original heritage building will meld with the sleek modern simplicity of stylish condos and townhomes. It’s a unique urban lifestyle – right in the heart of the city. Like The Metalworks at 5 Arthur St. S., Fusion Homes has a long and proud history. Years ago, Chief Executive Officer Lee Piccoli founded Fusion Homes to offer the highest levels of service, reliability and integrity. In a booming industry of cost competitors, his vision of building superior homes without sacrificing quality or service stood out. It’s these values that have helped Fusion grow into the leader it is today. o date, Fusion Homes has built thousands of homes in five cities throughout Ontario, and has earned an unprecedented five Tarion Awards of Excellence for Customer Satisfaction. Fusion Homes goes above and beyond for each and every client, which means making sure each step of the home building process is as stress-free, transparent and simple as possible. While the company hangs their hat on personalized service, they also know it is important to understand the bigger picture. This has never been more relevant than at 5 Arthur St. S. It’s a historic site Guelph holds close to its heart, so extra care has been taken to collaborate with the community and the City of Guelph to develop a vision that pays homage to its history while building an amazing future. For more information on The Metalworks, visit themetalworks.ca
HALTON HILLS WELLINGTON WATERLOO
New Home WATCH BUILDERS: If you would like to include your new model home or site opening,email wayne.karl@wall2wallmedia.com. Please say you saw it in New Home & Condo Guide!
PREVIEW REGISTRATION THE TRICAR GROUP Guelph | River Mill Condominiums
Condominiums from 805 to 2,415 sq. ft. from the mid $200’s.
tricar.com
GEMINI HOMES Guelph | The Highlands
Model homes now open for these semis and towns from the low $300’s in east Guelph.
geminihomes.ca
REID’S HERITAGE HOMES Guelph | Alive
DUNSIRE DEVELOPMENTS Guelph | White Cedar Estates
Now open – three- and four-bedroom freehold and condominium townhomes starting from the $300,000s.
whitecedarestates.com
REID’S HERITAGE HOMES Kitchener | Williamsburg Walk
A private collection of bungalows with lofts on 50-ft. lots, backing onto natural greenspace.
reidsheritagehomes.com
FUSION HOMES Guelph | The Metalworks
Now open – midrise urban condominiums starting from the low $200’s.
themetalworks.ca
NEW RELEASES
GEMINI HOMES Guelph | Clair Road
MENKES Georgetown | The Enclaves of Upper Canada
Coming this fall – a new urban village of townhomes and highrise condos on a historic site in downtown Guelph.
Register for more information on this highly desired location in south Guelph.
geminihomes.ca
FUSION HOMES Guelph | Natura
Register now for priority preview of this collection of townhomes surrounded by woodlands behind Eastview Road.
fusionhomes.com
NEW OPENINGS MACPHERSON BUILDERS Fergus | Strathlea Fergus
Single-family homes from the mid $300’s, minutes from downtown Fergus, with a new park coming soon.
mystrathlea.com
CLAYSAM HOMES Elmira | Elmira Country Club Estates
ALMAA AYR CAMBRIDGE ELORA FERGUS GEORGETOWN GUELPH KITCHENER ROCKWOOD WATERLOO
reidsheritagehomes.com
New release, the 40-ft. Enclaves Collection, near downtown Georgetown and conservation lands.
menkes.com
REID’S HERITAGE HOMES Kitchener | The Oaks
New 56-suite condominium. Offering a great selection of floorplans that suit a variety of budgets and lifestyles in an established community.
reidsheritagehomes.com
REID’S HERITAGE HOMES Fergus | Westminster Highlands
Master-planned community in Fergus. Choose from a variety of single-detached homes, bungalow, two-storey and executive townhomes, and midrise condos – close to amenities and trails.
reidsheritagehomes.com
Master-planned community of towns, semis and singles from $256,900.
claysamhomes.com
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 55
56
New Hamburg
Elmira
Plattsville
Stratford
Baden
Owen Sound
Breslau
Collingwood
MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR
Halton Hills / Wellington / Waterloo:
Acton
Scarborough
Ajax
Kleinburg
Baden
EASTFOREST HOMES
Baden Country Estates
Cambridge
EASTFOREST HOMES
Carriage Lanes
Fergus
REIDS HERITAGE HOMES
Westminster Highlands
Georgetown
MENKES
The Enclaves of Upper Canada
Guelph
REIDS HERITAGE HOMES
ALIVE
Guelph
TRICAR GROUP
River Mill Condominiums
Kitchener
BRANTHAVEN
Nestings
Kitchener
EASTFOREST HOMES
Kitchener
PRICES
•
PAGE
from $389,990
59
from $274,990
59
from $184,900
69
from mid $700's
28
•
from low $300's
71
•
from mid $200's
61
•
from the $400's
13
Woodhaven South
•
from $280,990
59
EASTFOREST HOMES
Huron Point
•
from $219,990
59
Kitchener
EASTFOREST HOMES
Destination Doon
•
from $359,990
59
Kitchener
EASTFOREST HOMES
Doon South
•
from $369,990
59
Kitchener
EASTFOREST HOMES
Eby Estates
•
from $289,990
59
Kitchener
EASTFOREST HOMES
Grasslands Townhomes
from $292,990
59
Kitchener
EASTFOREST HOMES
Grasslands Singles
from $429,990
59
Kitchener
EASTFOREST HOMES
Huron Landing/Four Winds
from $177,990
59
Kitchener
EASTFOREST HOMES
Huron Village
from $409,990
59
Kitchener
LOSANI HOMES
Victoria Common
•
from mid $200's
85
Kitchener
LOSANI HOMES
Doon Creek
•
from low $300's
85
Kitchener
MATTAMY HOMES
Wildflowers
•
•
from $233,990
6
Kitchener
MONARCH
Topper Woods
•
from $447,990
44&45
Kitchener
REID'S HERITAGE HOMES
Williamsburg Walk
Kitchener
TERRA VIEW HOMES
Edgewater Estates
Kitchener
WILLIAMSBURG HOMES
Eby Estates
Waterloo
COOK HOMES
The Village in Beechwood West
Waterloo
EASTFOREST HOMES
Vista Hills
• • •
• •
•
• • • •
•
from low $200's
BC
•
from low $400's
67
•
from $352,900
65
•
from low $500's
63
•
from $354,990
59
• •
•
MILTON, GEORGETOWN, ROCKWOOD, GUELPH, FERGUS, ELORA, ALMA, CAMBRIDGE, KITCHENER, WATERLOO, AYR
SITES
Halton Hills / Wellington / Waterloo:
BUILDERS
De t. Se m Bu i ng a To low w Co nho nd m Ad o e ul tL ife sty le
LOCATION
57
//IN THE NEWS
CANADIANS MAKING SMARTER
mortgage decisions First-time homebuyers on average make a 21-per-cent down payment on the purchase of their new home; since the 1990s, about 40 per cent of this has come from personal savings, suggesting Canadians wait to be financially stable before purchasing. But recently, as home prices have risen, 17 per cent of the down payment has come from family gifts or loans, a higher number than in previous years. These are just some of the facts found in the Annual State of the Residential Mortgage Market in Canada, the latest consumer survey report released recently by the Canadian Association of Accredited Mortgage Professionals (CAAMP). The report probes into how Canadians are managing their mortgage debt. In this low interest-rate environment, they continue to aggressively pay down their mortgages even though most renewing their mortgages are going to find interest rates unchanged or lower than their current rates. Questions related to why people do not own a home produced interesting results: the majority of people age 18 to 34 indicated they were waiting for prices to fall and savings to increase. At the other end of the age spectrum, more than two-thirds of those over age 55 said they were renting because it was a better option for them. SURVEY SAYS…
› 425,000 live in homes that they purchased during 2014. The average price was just over $400,000, for a total value of $173 billion. › 125,000 Canadian homeowners fully repaid their mortgages during 2014. A further 50,000 to 75,000 expect to fully
repay their mortgage before the end of 2014. In combination, about 190,000 mortgages will have been fully repaid this year. › 900,000 current mortgage holders made lump-sum payments in 2014 totaling $16 billion. › Among the 190,000 to 200,000 Canadians who have repaid (or are expected to repay) their mortgages during 2014, lump-sum payments total about $5 billion. › 900,000 mortgage holders voluntarily increased their regular payments in 2014, by amounts that equate to more than $3 billion per year. › The average mortgage interest rate is 3.24 per cent, identical to the rate found in the spring survey and down from the average 3.5 per cent found in the fall 2013 survey. › Canadian home equity amounts to 74 per cent of the value of their homes; more than 85 per cent have 25 per cent or higher. › 11 per cent of homeowners used their home equity for debt consolidation and repayment, renovations, investments, purchases, including education, and “other.” “Overall, the CAAMP fall report paints a picture of homeowners, whether just starting out on their ownership journey or long-time mortgage holders, as remarkably confident,” says Jim Murphy, accredited mortgage professional, and president and CEO of CAAMP. “They wait until they are financially stable before buying, and they take advantage of low interest rates to aggressively reduce their mortgage debt. Home ownership continues to be an important anchor for the Canadian economy.” For more information, visit caamp.org
58 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
Start TheNew Year In An Eastforest Home! WHY CHOOSE AN EASTFOREST HOME? 20% MORE SAVINGS
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Townhomes Starting from$274,990 79-750 Lawrence Street Cambridge | 519-219-0399 Octominiums Starting from$219,990 255 Maitland Street, Unit 4H Kitchener | 226-647-0386
Vista Hills
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Single Detached Starting from$359,990 330 Thomas Slee Drive Kitchener | 519-208-2766 Single Detached Starting from$369,990 330 Thomas Slee Drive Kitchener | 519-208-2766 Single Detached | Townhomes Starting from$289,990 8 Isaiah Drive Kitchener | 226-647-0346
Townhomes Starting from$292,990 89 Meadowridge Street Kitchener | 226-647-3053 Single Detached Starting from$429,990 330 Thomas Slee Drive Kitchener | 519-208-2766 Single Detached Starting from$409,990 155 Grandville Circle Paris | 519-442-9674
Townhomes Starting from$280,990 1989 Ottawa Street Siuth Kitchener | 226-647-0445 Quads | Stacked Townhomes Starting from$177,990 1662 Fisher-Hallman Road Kitchener | 519-585-2222 Single Detached Starting from$409,990 377 Woodbine Avenue Kitchener | 519-585-0253
LET’S TALK nOW!
eastforesthomes.com Prices correct at press time. Pictures are for illustration purposes only. Promotions available on new construction only. See Sales Representative for details. Broker protected. E. & O. E. December 2014
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 59
//EXPERT ADVICE
Homebuying wish list needs to match your budget » by KAREN KESSEL
KAREN KESSEL
is the Broker of Record for Planet Realty Inc., Brokerage, servicing the Guelph and surrounding areas of South Western Ontario. If you have any questions for Karen you can reach her by email at karen@planetrealty or visit planetrealty.ca
Making a list and checking it twice? If you’re looking at buying a new home in the new year, making your wish list is a priority. If this is your first home, or even your move-up home, chances are you aren’t going to be here forever. Today, the average family’s home needs change every five to seven years. They need to downsize, move to another city, add square footage, address health problems or sell because of financial needs. Planning for today is much easier than looking into a crystal ball for five, 10 or 15 years down the… driveway. Make your wish list and include size, location, features, housing type, bedrooms and bathrooms. If this is your starter home, the list is going to differ from growing families and those looking for their retirement haven. Determine what is a must-have and what is a should-have. Must haves are essentials. If you’re expecting a child, a two-bedroom home is a must-have. A should-have is not essential meaning a third bedroom is not a necessity, unless grandma will be moving in to help look after the new baby. A clean, functional kitchen is a must-have and may have to suffice in place of a gourmet kitchen with double ovens, granite counters and massive breakfast bar. SIZE
Three bedrooms is the ideal. But is it? Instead of a bedroom, can the office be a corner of the family room. Today, we’ve got laptops and wireless printers so much less space is required than in the desktop monitor/fax machine/printer world of a decade ago. Are you in business or is it possible to simply have a desk for bill-paying and web surfing as part of the kitchen. Can that second or third bedroom office also double as a guest room with foldout sofa? There are plenty of furniture options that work as bookshelf/desk along with drawers for bedding and overnight guests. THE WORKS!
If this is your very first home, you may be one or two home purchases and moves away from your “dream home.” If you’re looking for everything on your wish list: walk-in closet, ensuite bath, finished basement… that’s going to add 60 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
to the price. Can you live with just one bathroom, or a bathroom and powder room? Save the dream ensuite for the next home. Walk-in closets are wonderful, but they take away precious space from other bedrooms. Keep that on the wish list for the next house. An upper laundry is also convenient but doing laundry in the basement is a small price to pay until you move on in the housing market. HOUSE OR CONDO
You may be thinking about a house, but have you considered a condo? Something with a view and great amenities could come in under budget versus a detached home. A condo or townhome is a nice compromise for a few years. LOCATION, LOCATION, LOCATION
Once you determine what you can afford and what you need, location will totally change that. That is, if you are looking in the trendiest part of town, it will certainly show an increase in price. You can live in a slightly less desirable neighborhood, but you can’t live in a house you can’t afford. If you can identify an up and coming area, you have the potential for some wealth building. As well as building equity, your home will increase in value as others catch on to what you already know. Their demand will cause prices to rise. So make a list, include all your dream features, and then prioritize what you really need for today to meet your budget and your needs.
CMYK
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//STYLE FILE
MIXING IT UP Âť by BLIMA EHRENTREU
The colours, patterns, materials and textures in a space create impact and can enhance the feel of any room. To
add visual interest and achieve an inviting atmosphere, consider combining these elements to achieve a well-balanced space. When deciding on the colour palette, start with a piece of wall art you really love, or a rug or chair that has a beautiful colour, and seek inspiration from it. Find patterns and prints that embody your focal point piece, or that complement it in colour and style. This will ensure you love the space you design. THINK IN THREES. Incorporate an odd number of patterns into a room’s design, using a minimum of three, and focus on their scale and colour when combining them. The first pattern should be a large, dominant one. Next, select a fabric with pattern that includes similar 62 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
colours, but is smaller in print size. The third pattern needs to unite the first two, either through colour or print. Try three patterns, in a range of scales, such as a bold floral, a wide stripe, and a small geometric. The more variety of scale in your patterns, the more comfortable and welcoming the space will feel. Try repeating colours from pattern to pattern as well as in other parts of the room. This creates continuity in the space and enhances the overall look. It is best to accentuate underplayed, shared colours in different prints. If you use one pattern, such as a geometric, repeat it somewhere else in the room, even if the colour and scale change. Choose prints that have a monochromatic design and that do not compete visually with the bold colours around it. PRINT, COLOUR, REPEAT.
...continued on pg 64
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63
//STYLE FILE...continued
and brings life to a room. For a more traditional look, select patterns that have more curvature and floral prints. Too much of one colour, pattern or texture in a room can look overwhelmingly busy. The trick is to blend patterns well. Whether designing a more contemporary or traditional space, always include solids when mixing prints, to balance out the patterns. Solids add a sense of calm to any space. Always include solids in a room with a bold colour palette or strong features. Great patterns stand out brighter in a room where the eye has a place to rest, such as a solid chair or a neutral wall. Using varying shades of chocolate brown, grays, white and beige can mix and match patterns easily because the outcome is a mixture of varying levels of impact. SOLID FUNDAMENTALS.
5 simple tips to playing up patterns ›› Play with pattern size: offset a small-scale pattern with a large-scale one nearby
›› Repeat colours in patterns
›› Use texture to blend patterns together
›› Break up colours with neutral tones
›› Always remember: less is more
BLIMA EHRENTREU
Often, a large-scale print can be too big for a pillow or for a small room, so be sure to select a print that works well with the space. Using a large print on an area rug is a great way to add pattern to any room, while not overwhelming the space. Using large, bold patterns help in visually enlarging the room. The larger the pattern, the bigger the room can appear. SIZE MATTERS.
STYLE MATTERS. For a modern, clean look, stick to geometric patterns and straight lines. It is okay to mix different geometric patterns, as long as their sizes and colours vary. I like to add different textures to a space because it helps mix up patterns 64 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
is a Toronto-based accredited interior designer and principal of TheDesigners. TheDesigners is a boutique interior design firm founded by designers Blima Ehrentreu and Adina Hofstedter. The firm is dedicated to designing innovative residential and commercial spaces that transform their clients’ aspirations and enhance their overall living experience. thedesignerstoronto.com
CL Q U AV O IC A SI IL N K A G BL E S
WALKING IN A
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*Prices and specifications subject to change. See sales representatives for more details. | ENERGY STAR is administered and promoted in Canada by Natural Resources Canada. Used with permission. Dec. 2014.
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 65
CHINESE HOME & CONDO GUIDE 網上 參閱 / Nov 22, 2014 - Jan 31, 十一月二十二日至一月三十一日
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
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Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area. Pick Up Your Copy Today or call us for a free copy at 416.626.4889! 產需知 士: 快人一步,勝人一籌 • 投資地 狹小家居的品味設計 • 置業貼 2014-11-03 9:57 AM d 1
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aliveatpergola.com DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 71
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// #TRENDING
Mad for plaid Plaid is a huge trend this season, for your wardrobe and home! Here are our top picks for incorporating this pattern into your space. » by SARA DUCK
PHOTOGRAPHY COURTESY OF 2014 THE FASHION GROUP INTERN ATIONAL INC.
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DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 73
// QUICK TIPS
OVERJOYED, NOT OVERWHELMED:
Holidays without hassle » by HELLEN BUTTIGIEG
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.
The holidays are a wonderful opportunity to see old friends, enjoy time with family, celebrate the events of the year past and dream about the year approaching. But it’s also hectic – with shopping, wrapping, travelling, entertaining and cleaning up after it all. The worst thing that can happen is to wish it all away, thinking you’ll be happy when it’s all over. It’s a lot of work, but the little things that help keep you organized – and sane – will put the pleasure and joy back in this time of year.
QUICK TIPS ON ORGANIZING YOUR HOME
›› Create a gift-wrapping zone. Save time and make wrapping presents a pleasure by transforming a spare room (or part of a room) into a gift-wrapping centre for the holidays. Set up a table or use a rolling cart to put out your supplies (gift wrap, scissors, tape, pen, cards, bows) and keep everything you need in one place. Create the right atmosphere by adding some festive music, a scented candle and a cup of hot chocolate to get you into the holiday spirit. ›› Store items near their point of use. Save steps and precious time by storing things close to where you use them. For example, save yourself a trip up the stairs to the linen closet by keeping your tablecloths in a drawer, cupboard or chest in the dining room. It makes entertaining a breeze! ›› Re-purpose your gift-wrap tubes. Use your empty gift-wrap tubes to store mini-lights. Put a slit in each side of the tube. Insert the plug at one end and wrap the cord all the way around the tube, tucking the bottom of the light strand in the slit at the other end. Store the tubes in a garment bag hanging from a hook in the closet. ›› Run errands efficiently. Keep a collapsible crate in the trunk of your car for easily transporting items to a dinner party or for things to return like library books or store-bought items
Shopping, wrapping, travelling, entertaining, the clean up – the worst thing you can do is wish it all away, thinking you’ll be happy when it’s all over. Holidays are a lot of work, but the little things that help keep you organized – and sane – will put the pleasure and joy back in this time of year. 74 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
you want to take back. It folds out of the way quickly when not in use. ›› Get unplugged to create more time over the holidays. Do you feel like there’s so much to do and so little time? Challenge yourself to unplug the TV for one full week and notice how much more you can do in all the free time you’ll have. ›› Let go of the excess – you don’t have to keep decorations forever! When you are unpacking your holiday decorations, consider letting go of the items you no longer enjoy looking at. Our tastes change and styles come and go. There’s no rule that says you have to keep every decoration forever – especially that tacky plastic flower arrangement your ex-mother-in-law gave you 20 years ago! Give some away to charity, or if you have family or friends who have recently moved into their own place, ask if they’d like to have them until they accumulate their own collection. ›› Gift certificate? What gift certificate? Gift certificates are easy to give and great to receive, but are often lost and forgotten until they expire. Keep your gift certificates in an envelope in your purse or your car and put a reminder on your calendar one week before the expiry date so you can use and enjoy them. ›› Return items in a timely fashion to save money and space. Whether it is buyer’s remorse or dissatisfaction with
an item after we’ve brought it home, we all have things to return to the stores at some point – especially after the holidays. A problem arises when these “to be returned” items accumulate in every part of our home and we forget we have them. Most store return policies allow only seven to 14 days for a full refund. To recoup money and reclaim space, designate a small area (preferably near the exit) to place things that are on their way out. A box or basket may be helpful if you have several items. Tape the receipts to the purchases and schedule a time in your planner to take them back before it is too late. ›› Pay yourself first. Block time now to give yourself a break later. Choose a day (or at least half a day) during the holidays to do what’s fun for you. You can spend it skating, relaxing at the spa, or taking in a movie. The important thing is that you feel renewed and refreshed because you gave the gift of pleasure and relaxation to yourself. QUICK TIPS ON ORGANIZING YOUR HOME OFFICE
›› Send greetings without grief. Do you love sending holiday greetings but don’t enjoy wasting time addressing the envelopes? Easily create address labels on your computer for your cards using MS Word. For a special touch, use a font that resembles handwriting (such as Lucinda Calligraphy). Save the document and you can pull it up every year, make any changes and print it on adhesive mailing label sheets. Better yet, send electronic greetings and you’ll reduce clutter while saving time, money and the environment. QUICK TIPS ON ORGANIZING YOUR LIFE
›› Avoid holiday overload. Limit social engagements to only those you truly want to attend. Book some downtime between social events so you don’t feel overextended. Schedule only 75 per cent of your day to allow for traffic delays, long line-ups and other unexpected occurrences. DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 75
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HOMEBUYERS’ HELP//
Homebuyers’ Resource Section You love the home, see what you can afford! » Compare mortgage rates for your best deal
» Calculate your mortgage payments using the mortgage payment calculation chart
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 77
ONTARIO’S MOST-READ NEW HOMES GROUP [ 4-WEEK ISSUE ]
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Calculate your mortgage payments INTEREST RATE
AMORTIZATION PERIOD
CHART FIGURE
EXAMPLE: 5%
25 YEARS
5.82
MORTGAGE AMOUNT ÷ 1,000
MONTHLY PAYMENT
(MORTGAGE AMOUNT $125,000)
125
Canadian mortgage payment factors Instructions:
01 02 03 04
Determine the appropriate 5-Year Fixed Mortgage Rate, which is easiest to qualify for. Run your finger down the left column of the table below to find the rate (round to the nearest 1/4%).
Choose your desired amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for first-time buyers). At the intersection of the column and row is your mortgage payment per month per $100,000 borrowed.
» Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
80 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
$
Mortgage payment calculation chart %
INTEREST RATES
15 YEARS
2.50%
AMORTIZATION PERIODS 20 YEARS
25 YEARS
30 YEARS
$666
$529
$448
$394
2.75%
$678
$541
$461
$407
3.00%
$690
$554
$473
$421
3.25%
$702
$566
$486
$434
3.50%
$714
$579
$499
$448
3.75%
$726
$591
$513
$461
4.00%
$738
$604
$526
$476
4.25%
$750
$617
$540
$490
4.50%
$763
$630
$553
$504
4.75%
$775
$644
$567
$519
5.00%
$788
$657
$582
$534
5.25%
$801
$671
$596
$549
5.50%
$814
$684
$610
$564
5.75%
$827
$698
$625
$579
6.00%
$840
$712
$640
$595
6.25%
$853
$726
$655
$611
6.50%
$866
$741
$670
$626
6.75%
$880
$755
$685
$642
7.00%
$893
$769
$700
$659
Table provided by Calum Ross, Owner, President and Principal Broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 81
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
ATB Financial
2.7
Alterna Svgs/Alterna Bk
2.6
Bank of Montreal Bank of Nova Scotia
3 2.6
Canadian Western Bank CFF Bank CIBC
3
ICICI Bank Canada Manulife Bank
3.05 2.7
National Bank
n/a
President’s Choice Finan Royal Bank
2.65 3
TD Canada Trust
3
Tangerine
3
6 Months
1 Year
2 years
3 years
4 years
5 years
4 6.30op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op
2.94 6.30op 2.98 6.30op 3.14 6.30op 3.29 6.50op 3.14 6.30op 3.69 2.99 6.35op 3.15 3 3.50op 3.14 6.70op
2.89 6.50op 2.98
2.99
3.04
3.24
2.98
2.94
3.19
3.04
3.85
4.39
3.29
2.79
3.44
3.94
3.19
3.04
3.75
4.39
4.99
3.75 2.79
2.59 3.65
3.79 3.14
3.04 3.24
3.65 3.04
3.64 3.04
3.69 3.09
3.89 3.09
3.04
3.75
3.09
3.39
2.94 3.14
3.59 3.95
2.99 3.14
4.44 3.24
3.04
3.44
3.14
3.29
3.24
3.49
3.69
3.79
3.25 2.25
3.95 3.44
4.74 3.94
4.99 4.79
3.6
3.7
4.6
4.95
2.89 3.14
2.79 3.75
2.94 4.64
2.95 4.99
2.79
3.44
3.94
3.19
3.1
3.33
3.65
3.99
3.25
3.29
2.99
2.99
2.59 3.14
2.69 3.29
2.89 2.94
3.09 3.09
2.99 3.14
2.99 3.75
3.39 4.64
3.39 4.99
2.75
3.6
2.95
3.15
3.95 2.65
4.35 3.65
4.84 3.29
5.14 3.19
3.05
3.15
3.25
3.4
2.8
2.9
2.95
3.1
6.70op 4.45 4.4 6.70op
6.30op
3.14 6.30op 3.09 6.30op 3.19
TRUST COMPANIES Community Trust Concentra Financial
n/a n/a
Effort Trust
n/a
Home Trust Company Investors Group Trust
2.5 n/a
MTCC
2.6
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 3.45 6.30op 2.89 3.14 6.30op 3.29 6.50op
OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.
4
Comtech Credit Union
2.95
First National Fin. LP FirstOntario C.U.
2.6
IC Savings London Life
n/a
Luminus Financial
2.6
MCAP Meridian Credit Union
2.5 2.75
Parama Credit Union
2.85
Steinbach Credit Union
2.5
6.2 6.40op 3.95 6.34op 4.2 6.50op
4
3.01 6.25op 2.99 6.30op 2.99 3.09 6.34op 3.05 3.14 6.30op 2.95 6.30op 3.6 3.09 6.30op 2.85 3.00op 2.65
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 November 17, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700
82 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
HOT DATES//
DEC 6-7
DEC 7
Christkindl Market
City of Burlington's Christmas Parade
KITCHENER CITY HALL KITCHENER
Dec 6 to Jan 17 Calendar of events beginning from Dec. 6, 2014 to Jan. 17, 2015
A free Festival of German Christmas. Over 70 food and gift vendors, entertainment, crafts, traditional characters Angels, Christkindl, Knecht Ruprecht, Klaus the Organ Grinder and more. christkindl.ca DEC 6-19
Story Time with Santa
ROYAL BOTANICAL GARDENS BURLINGTON
Santa invites all of the good girls and boys to put on their craziest, most festive pajamas and join him at his cabin for a half hour of wonderful Christmas stories. Settle in, snuggle up and listen to Santa tell some of his favourite tales before you meet with him to share your Christmas wishes. rbg.ca
777 GUELPH LINE BURLINGTON
Santa Claus is coming to town, in this 49th Annual Christmas Parade. Come see the big guy in red, marching bands, and holiday floats as they make their way from Burlington Mall to downtown Burlington via New Street. burlington.ca/parade JAN 9-11
2015 Milton International Challenge CISCO PAN AM VELODROME MILTON
This C1-Class track event will be on of the last events on the international calendar before the 2014-15 World Cup Season. This is a unique opportunity for riders to aquaint themselves with the Cisco Milton PanAM/ Parapan AM Veledrome. cyclingcanada.ca JAN 10-11
London Bridal Expo
WESTERN FAIR DISTRICT LONDON Bridal shops, formal wear, DJs, cakes, catering, venues, officiants, limo, invitations, photographers, salons, decorators, florists and investments – all at the Bridal Show. westernfairdistrict.com
DEC 6, 2014 - JAN 17, 2015 | NEW HOME & CONDO GUIDE SWO 83
Advertiser index BAYVIEW WELLINGTON: Victoria Village
4
MONARCH: Topper Woods
BAYVIEW WELLINGTON: Niagara-on-the-Green
5
MOUNTAINVIEW HOMES: Corporate
BRANTHAVEN HOMES: Corporate
12 & 13
44 & 45
9
NEW HORIZON DEVELOPMENT: Waterfront Trails
33
BUCCI HOMES: Villages of Brantwell
29
PINEWOOD HOMES: The Wow Euro Towns
36
COOK HOMES: The Village in Beechwood West
63
REID’S HERITAGE HOMES: Alive
71
REID’S HERITAGE HOMES: Westminster Highlands
69
COUNTRYGREEN HOMES: The Uptowns of Waterdown
7
DAWN VICTORIA HOMES: Evergreens
43
REID’S HERITAGE HOMES: Williamsburg Walk
BC
EASTFOREST HOMES: Corporate
59
ROSEHAVEN HOMES: Corporate
49
EMPIRE COMMUNITIES: Multi-site
2&3
ROSEHAVEN HOMES: On the Ridge
37
GREAT GULF: Rolling Meadows
IBC
SILVERGATE HOMES: Victoria Woods
38
HOMES BY DESANTIS: Multi-site
11
SONOMA HOMES: Style Town Collection
41
HOMES BY DESANTIS: On the Ridge
37
TERRA VIEW HOMES: Edgewater Estates
67
JACOB’S LANDING: Jacob’s Landing
39
TILLSONBURG DEVELOPMENTS: Baldwin Place
24
LOSANI HOMES: Corporate
85
TOWN OF TILLSONBURG
21
MATTAMY HOMES: Hawthorne Village
17
TRICAR GROUP: Corporate
61
VRANCOR GROUP: 150 Main
31
WILLIAMSBURG HOMES: Eby Estates
65
MATTAMY HOMES: Wildflowers
MENKES DEVELOPMENTS: Enclaves of Upper Canada
84 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
6
28
You’re ready for the Losani VIP Preview in Ancaster
The most sought-after neighbourhood in Ancaster is now releasing Phase 2 of brand new freehold towns.
Register Now to attend the VIP Preview at Freehold towns from the upper $300’s LosaniHomes.com AND M E D S ON Visit the sales office at 435 Garner Rd. East, Ancaster OME
O T O N T O N R PPR
S MEARE HO YOU E-IN EN V H MO DY W RHEA
ANCASTER
OVER 65 READY-BUILT HOMES AVAILABLE IN 30-180 DAYS
| Ancaster Glen
Most sought-after neighbourhood of elegant singles from the mid $300’s Singles and semis steps from the escarpment from the high $300’s
HAMILTON
| Greenhill Glen
HAMILTON
| Paramount at Valley Park Freehold & condo towns in a park community from the low $300’s
KITCHENER
| Victoria Common
KITCHENER
| Doon Creek
Towns in an urban community near downtown from the mid $200’s Freehold towns in an established forest community from the low $300’s
| 289-239-7629 | 905-538-8752 | 905-538-8752 | 519-585-0500 | 519-893-7600
FINAL DAYS TO RECEIVE PREFERRED PRONTO MORTAGE RATES WITH JUST 5% DOWN. DONT MISS OUT!
For information on over 65 ready-built homes
LosaniHomes.com/Pronto Pricing and specifications subject to change without notice. E&OE. *Limited time offer. See Sales Representative for details.
//FUNDAMENTALLY SPEAKING
Housing outlook for Canada, Southwestern Ontario: FULL STEAM AHEAD » by WAYNE KARL
WAYNE KARL
is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at
wayne.karl@wall2wallmedia.com
or follow him on Twitter at Twitter.com/WayneKarl
If you’re looking to buy a home in Southwestern Ontario or the GTA next year, know that you’re buying in some of the healthiest markets in the country. A strong economy, appreciating housing values and only minor, unlikely risks are combining to produce a bright housing outlook. Short of an unforeseen economic shock, the outlook for housing in much of Ontario and Canada overall is pretty much full steam ahead. “The housing market does have a fairly bright outlook,” Bob Dugan, chief economist for Canada Mortgage and Housing Corp., told New Home & Condo Guide. “There are a few risks we have our eye on. One of them relates to the high level of (highrise) units that are under construction.” These are trending slightly above the historic average. “We do expect that the economy is going to be fairly strong, and that’s going to generate job growth and income growth, and that with low mortgage rates, is going to continue to support housing demand.” Affordability and housing supply are increasingly being tested in the GTA; less so in SWO markets. Homebuyers moving out of the GTA and into neighbouring markets in Southwestern Ontario – such as Hamilton, for example – and job growth, will support homes sales, CMHC says. When it comes to pricing issue, buyers are increasingly making their home type and location decisions based on affordability. The beauty of Southwestern Ontario includes two key features: SWO towns stand to benefit from the expected continuing economic improvement in the U.S., due to their economies’ reliance on manufacturing; SWO comprises many different areas and sub-markets, which themselves have individual characteristics that translate to excellent homebuying opportunities in a variety of housing types.
86 NEW HOME & CONDO GUIDE SWO | DEC 6, 2014 - JAN 17, 2015
As for potential risks to the housing market, overheating and overbuilding continue to be raised as possibilities by some experts. But such concerns are largely unfounded, says Dugan. “We don’t see overheating as being a problem in any of the markets across Canada,” he says. “Some markets are stronger than others, particularly in western Canada.” Canadians’ average household debt is another issue some observers point to as a troublesome sign. This concern as well, says Dugan, is overblown, as real estate accounts for a majority of assets held by Canadians.
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SALES OFFICE 1 Sunset Way off Barker Parkway and Hwy. 58 Thorold (905) 680-0841
Prices and specifications subject to change without notice. E. & O.E. Illustrations are artist’s concept. All square footages are approximate. Actual usable space varies from stated floor area.
GREATGULF.COM
Your Complete Urban Community - RESERVE NOW VISIT OUR PRESENTATION CENTRE FOR PRE-CONSTRUCTION PRICING
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1, 2 & 3 BEDROOM CONDOS
pp Microw en A Kitchhe-Range -t -Over -- OR FF O $ 2500 iums prem floor
FROM THE LOW $200s Williamsburg Walk is located in the heart of Williamsburg Town Centre in Kitchener. This complete, master-planned pedestrian promenade of shops, dining and modern amenities was designed to simplify your busy lifestyle.
Ceramic flooring in Bathroom & In-Suite Laundry
In-Suite Laundry
Kitchen open to Dining & Living. Perfect for entertaining.
Granite Countertops
CL
Beautifully appointed 1, 2 and 3 bedroom suites, complete with hardwood flooring in living, dining and hallways, granite countertops, ceramic flooring in bathroom and in-suite laundry. Choose from 12 different floor plans - ranging from 652 to 1106 sq.ft. - with plenty of above and underground parking.
WS RI
WH
KITCHEN 7'-6" x 8'-6" W
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Large Walk-In Closet
DW
Large Living & Dining combination boast hardwood floors
LN LIVING / DINING 10'-6" x 16'-6"
FI
MASTER BEDROOM 10'-7" x 12'-8"
SC H -H
WESTMO
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Large Master Bedroom
325 MAX BECKER DRIVE, SUITE 101
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OPTIONS AVAILABLE COLOUR KITCHENER ON N2E 4H5 SPECS S LE RE SA NT CE
PANTONE MONDAY - WEDNESDAY CMYK SATURDAY & SUNDAY BLACK AND WHITE 519 742 4004 INVERTED COLOUR BACKGROUND OTHER OPTIONS BLE
MS B LEA
RD .
AM
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poetica
2 - 7 PM 12 - 5 PM
avenir 45 book
AC
Sliding doors open to sunfilled balcony
BALCONY
avenir 65 medium
the * DUMFRIES | 827 SQ.FT. Fonts and characters have been customized for this 2ND, 3RD & 4TH FLOORS
SITE LOCATION
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williamsburgwalk.ca
brand. If the fonts specified above are used for typsetting in other applications all characters will appear in standard format and may not be exactly as depicted in the Williamsburg Walk wordmark. 210
209
211
212
208 C
201
207
206
205
202
203
204
UNIT TYPE F1
OOR
2 BEDROOM 108 C3
107
106
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827 ft² 4