Post on 27-Jul-2016
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5 REASONS
2016 is a good year to buy a home
EXPERT PANEL
Guiding you through
the homebuying process
Exploring the GTA’s top builders and developers
Editor’s Note
A ffordability, location, lifestyle… If you’re in the market for a new home today, these are among the most important
factors to consider in your decision. Perhaps these and other points have always
been part of the homebuying equation, but there’s no question the issues are increasing in number and complexity.
Why? Economic and market conditions, interest rates, land and new home supply issues, Development Charges and other taxes are testing consumers’ affordability limits and new home wants, needs and demands.
Indeed, the rising costs of new homes in the GTA, particularly in the lowrise category, are causing homebuyers to make increasingly careful, informed decisions.
Who better to provide some guidance into these matters than some of the GTA’s pre-eminent builders?
In our Expert Panel beginning on page 40, executives at some of the GTA’s most established home builders offer excellent insight to help you decide.
Potential homebuying challenges notwithstanding, the GTA market is a proven performer – yes, in the last few years, but especially over the long term.
Find a way to answer the affordability, location and lifestyle questions, and you’ll likely fi nd yourself appreciating you decision for years to come.
Wayne KarlSenior Editor, Yellow Pages NextHomewayne.karl@ypnexthome.ca
Twitter: @WayneKarl
Affordability, location and
lifestyle Find a way to answer these homebuying questions, and
you’ll like be very happy
+ get social Interact with us on social media: ypnexthome
THE HOME BUILDERS’ ANNUAL 2016 3
2016 table of contents
10
03 Editor’s Note
06 BILD Report Building a new housing type in the GTA by Bryan Tuckey
10 Tarion Report Tarion stands behind your new home’s construction by Howard Bogach
14 OHBA Report Bungalows, unicorns and flying cars by Joe Vaccaro
19 Legally Speaking Buying a home? Here’s what you need to know by Jayson Schwarz
26 Social Media Directory A list of social media accounts from GTA builders and developers to help you stay connected
30 Stat Chat Will 2016 pick up where 2015 left off? by Ben Myers
34 Outdoor Living Garage organization by Carson Arthur
36 Trending 5 reasons 2016 is a good year to buy a home by Wayne Karl
40 Expert Panel Affordability, location, lifestyle... today’s homebuyers face many questions
46 The GTA Home Builders’ Roster A comprehensive list of new-home builders in the GTA
56 Mortgage Advice The 5 biggest mortgage mistakes you can make by Alyssa Richard
4 YPNEXTHOME.CA
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill
EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge
DIRECTOR OF SALES, NATIONAL
Moe Lalani
ASSOCIATE PUBLISHER, NEW HOME GUIDE GTA, NEW CONDO GUIDE
Anne-Marie Breen
ASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE, SOUTHWESTERN ONTARIO
Susan Maxwell
SENIOR ACCOUNT EXECUTIVES
Nina Downs Dionne Fraser
EDITOR
Wayne Karl
SALES & MERCHANDISING CO-ORDINATOR
Terry Basset
MANAGER OF PRODUCTION Bala Gnanapandithan
ART DIRECTOR
Tammy Leung
PRODUCTION CO-ORDINATOR
Bei Zhang
GRAPHIC DESIGNERS
Miguel Cea Mike Terentiev
2016 GTA Home Builders’ Annual #500-401 The West Mall Etobicoke, On M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
ADVERTISING: Call 416.784.5060 for advertising rates and information.
CIRCULATION : Polybagged with the March 19 issue of New Home Guide. Available at GTA home shows, through direct distribution in the GTA market and by consumer request.
COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited, Toronto, Ontario, Canada. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law.
TERMS Advertisers, Editorial Content and 2015 GTA Home Builders’ Annual 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.
19
36 40
34GTA NEW-HOME BUILDERS’ INDEX
IFC-2 Fieldgate Homes
7-9 Aspen Ridge Homes
11-13 Great Gulf
16-18 Menkes Developments
20-22 The Daniels Corporation
23-25 Rosehaven Homes
27-29 Averton Homes
31-33 Treasure Hill Homes
35 Lindvest
IBC Aspen Ridge Homes
Back cover Mattamy Homes
BUILDERS HELPING TO HEAL
38 Sick Kids FoundationPlease recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Published by
THE HOME BUILDERS’ ANNUAL 2016 5
A NEW TYPE OF BUILDING is coming to the GTA – the first six-storey wood residential projects are just months away from construction.
Midrise buildings, which are generally five to 11 storeys, are seen as an important built form for the future growth of the region and the home building and land development industry wants to construct more of them. However, there are challenges and the ability to use wood helps to make them more achievable.
Wood is a sustainable resource, it’s a lighter material to transfer and work with, it’s faster to build with and it’s ideal for building on small sites, which all leads to making midrise buildings more financially feasible.
For years, BILD and a number of its partners advocated for legislative change to permit the construction of wood buildings up to six storeys. In January 2015, an amendment to the Ontario Building Code took effect allowing wood construction to this height. Prior to the Code change, wood buildings could only be constructed up to four storeys.
Since then, the development industry has worked to find innovative ways to design, build and market this new type of home. Designers have
taken a new integrative and collaborative approach to these buildings, especially since project plans and applications now require professional drawings by architects and engineers.
A few firms in the GTA have stepped up as innovators and leaders by staying on the cutting edge of new building techniques and technologies, learning from other professionals in places such as BC and European cities where building with wood is more common, and inviting experts to join their design teams. Together, these teams have come up with innovative techniques to increase fire protection, reduce noise transfer and more.
One of the first six-storey wood buildings expected to be constructed this summer is Heartwood the Beach. In Toronto’s Beaches neighbourhood, it is a partnership of BILD members Fieldgate Urban and Hullmark Developments and is designed by Quadrangle Architects in collaboration with Moses Structural Engineers.
The building will have 37 suites, eight per floor and five unique penthouses and celebrates the use of wood from the outside in. One example is the use of the construction hoarding around the property as a marketing and educational tool explaining the benefits
of wood construction.The second project expected to be
constructed this summer is The Cabin by BILD members Curated Properties and architects RAW Design in Toronto’s Queen West neighbourhood. The project features 25 two-storey units each with its own yard, private rooftop garden or terrace.
Both projects exemplify the promises of midrise buildings, which include making use of existing infrastructure, benefitting the surrounding neighbourhood by revitalizing underutilized properties and bringing a new housing type and businesses to the area.
by BRYAN TUCKEY
Building a new housing type in the GTA
BILD Report
Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and is a land-use planner who has worked for municipal, regional and provincial governments. He can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILD’s official online blog (bildblogs.ca).
6 YPNEXTHOME.CA
LESLIE ST.
RAVENSHOE RD.RAVENSHOE RD.
aspenridgehomes.com
L E A R N M O R E
CHELSEA AT MAPLE STATION New release of modern towns in Vaughan.
45' SCENIC SINGLES
LIFESTYLE TAKES FLIGHTAT SIMCOE LANDING.
M A P L E
N E W R E L E A S E K E S W I C K
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THE HOME BUILDERS’ ANNUAL 2016 7
NEW RELEASE OF TOWNHOMES AT MAPLE STATION Coming soon
Get to know Chelsea AspireOnline.ca
Things are changing in Vaughan. The innovative Chelsea townhomes are breathing new life into the
area and providing residents with an entirely fresh way of living. From the refined modern façades to the
spacious home interiors, Chelsea is like nothing you’ve ever seen before in Vaughan… or anywhere else.
State-of-the-art healthcare is coming soon to Maple! The new Mackenzie Vaughan Hospital is the first
new hospital to be built in Southwest York Region in more than 50 years. It is conveniently located
just blocks from Chelsea Maple Station, for perfect peace of mind.
THE CHELSEA | MAPLE
E X P L O R E
NEW 200-ACRE MULTI-USE PARK Proposed North Maple Regional Park will bring fun and excitement along Keele Street, between Teston and Kirby.
CONTEMPORARY, COMFORTABLE & CONVENIENT
SALES OFFICE
MapleGO Station
MAJOR MACKENZIE DR.
KE
EL
E S
T.
HIL
L S
T.
Home to plentiful parks and
green spaces yet within close
proximity to city amenities,
Chelsea Maple Station is a breath
of fresh air for modern families.
Located adjacent to the Maple
GO Station and minutes from
Highway 400, you’ll discover a
profound sense of possibility and
a new connection with the city.
C H E L S E A K I T C H E N
C H E L S E A E N S U I T E
C H E L S E A L I V I N G R O O M
C H E L S E A M A S T E R B E D R O O M
Townhomes18 ft. lotsFrom $731,990 to $787,990
Presentation Centre & Model Homes18 Hill Street, VaughanEast of Keele St., just north of Major Mackenzie Dr.
289.553.3147
L I V E
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NEW RELEASE OF TOWNHOMES AT MAPLE STATION Coming soon
Get to know Chelsea AspireOnline.ca
Things are changing in Vaughan. The innovative Chelsea townhomes are breathing new life into the
area and providing residents with an entirely fresh way of living. From the refined modern façades to the
spacious home interiors, Chelsea is like nothing you’ve ever seen before in Vaughan… or anywhere else.
State-of-the-art healthcare is coming soon to Maple! The new Mackenzie Vaughan Hospital is the first
new hospital to be built in Southwest York Region in more than 50 years. It is conveniently located
just blocks from Chelsea Maple Station, for perfect peace of mind.
THE CHELSEA | MAPLE
E X P L O R E
NEW 200-ACRE MULTI-USE PARK Proposed North Maple Regional Park will bring fun and excitement along Keele Street, between Teston and Kirby.
CONTEMPORARY, COMFORTABLE & CONVENIENT
SALES OFFICE
MapleGO Station
MAJOR MACKENZIE DR.
KE
EL
E S
T.
HIL
L S
T.
Home to plentiful parks and
green spaces yet within close
proximity to city amenities,
Chelsea Maple Station is a breath
of fresh air for modern families.
Located adjacent to the Maple
GO Station and minutes from
Highway 400, you’ll discover a
profound sense of possibility and
a new connection with the city.
C H E L S E A K I T C H E N
C H E L S E A E N S U I T E
C H E L S E A L I V I N G R O O M
C H E L S E A M A S T E R B E D R O O M
Townhomes18 ft. lotsFrom $731,990 to $787,990
Presentation Centre & Model Homes18 Hill Street, VaughanEast of Keele St., just north of Major Mackenzie Dr.
289.553.3147
L I V E
ASP 28950 Low Rise Builder Annual Feb 16.indd 2-3 2016-02-26 2:12 PM
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THE HOME BUILDERS’ ANNUAL 2016 9
BUYING A NEW HOME is one of the most significant, and financially impactful decisions that someone can make in their lifetime. Since 1976, Tarion has helped Ontarians choosing to buy a newly constructed home make that decision with confidence.
Our homes help shape the way we live. Whether we are finding the best place to lay down our roots, raise our families or enjoy our retirement – we rely on our new homes to improve the quality of our lives. Once we decide on the right home, we expect that home will be built properly, by a skilled builder who will be there to fix issues after we move in. To provide that assurance, almost every new home built in the province also comes with a warranty. That warranty is provided by Ontario’s new home builders and is backstopped by Tarion.
As a new-home buyer, when you sign an Agreement of Purchase and Sale you are immediately covered with deposit protection and delayed closing compensation. Then, once you take possession of your new home, there are three separate warranties that provide coverage on your purchase. The one-year warranty covers defects in work and material, protects against unauthorized substitutions and ensures your home is fit for habitation and constructed according to the Ontario Building Code. The two-year warranty protects against defects in work or materials in the electrical, plumbing and heating delivery and distribution systems, and continues to provide protection against violations of the Ontario Building Code that affect health and safety. The seven-year warranty covers major structural
defects. There is also a separate warranty for the Common Elements of a condominium.
In addition to administering the warranty, Tarion also regulates the province’s new home builders. We set the registration standards when it comes to licensing new home builders, including financial and educational capabilities. We step in whenever the builder cannot or will not fulfill their warranty obligations. And at the end of the day, we are here to ensure builders stand by their construction and provide you with the new home that you signed for.
After 40 years of protecting new-home buyers, Tarion has registered close to two million new homes throughout the province and
has continued to raise the bar in terms of standards in the new home building industry. And it all comes down to standing behind each and every new home, so that Ontarians can continue to buy new homes with confidence.
by HOWARD BOGACH
Tarion stands behind your new home’s construction
Tarion Report
Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new home and condo buyers, visit Ttarion.com, find them on Facebook at Facebook.com/TarionWarrantyCorp. or follow them on Twitter: @tarionwarranty.
10 YPNEXTHOME.CA
1 975
LIFE IS ALL ABOUT SPACES. YOU NEED
SPACE TO GROW. SPACE TO THINK.
A SPACE TO LIVE IN. AND SOMETIMES,
YOU JUST NEED YOUR SPACE. GREAT
GULF BEGAN IN 1975 WITH A BELIEF
THAT WE WEREN’T JUST BUILDING
HOMES, BUT CREATING SPACES. SPACES
THAT WORK. SPACES THAT LAST. NOW,
40 YEARS AND SOME 40,000 HOMES
LATER, THAT BELIEF HAS HELPED EARN
US THE ONE THING THAT EVERY GREAT
BUILDER ASPIRES TO: A SPACE IN OUR
CUSTOMERS’ HEARTS.
1 975
2015
FO RT YY E ARS O FPEO P LE &S PACE S
G R E AT G U L F . C O M / F O R T Y
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W I N N I N G AWA R D SA N D C U S TO M E R S ’H E A R T S F O R 4 0 Y E A R S .
P EO PL E
PPPPPPPPPPPPPPPPP EEEOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLL
EEEEEEEEEEEEEEPPPPPPPPPPPPPPP
SUMMERLYN VILLAGE
SHARON VILLAGE
TRAFALGAR LANDING
G R E AT G U L F. C O M
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W I N N I N G AWA R D SA N D C U S TO M E R S ’H E A R T S F O R 4 0 Y E A R S .
P EO PL E
PPPPPPPPPPPPPPPPP EEEOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLL
EEEEEEEEEEEEEEPPPPPPPPPPPPPPP
SUMMERLYN VILLAGE
SHARON VILLAGE
TRAFALGAR LANDING
G R E AT G U L F. C O M
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A DECADE AGO, TO MARK ITS 60TH ANNIVERSARY, Canada Mortgage and Housing Corp. (CMHC) published a report entitled Sixty Years of Housing Progress in Canada. It offers a fascinating review of how our parents and grandparents lived when the corporation was created in 1946 to house returning war veterans.
Chronicling how housing conditions have improved and changed over the decades, the report notes that in the early 1940s, less than half of Canada’s three million homes had an installed bath or shower and that close to 30 per cent of dwellings were in need of major repairs. Remarkably, 44 per cent of homes in the early 1940s had no inside flush toilet and 93 per cent were heated by coal, coke or wood fuel.
Bungalows, unicorns and flying carsby JOE VACCARO, CEO ONTARIO HOME BUILDERS’ ASSOCIATION
OHBA Report
We’ve certainly come a long way since then, and it’s interesting to think about what the world might look like in 50 years from now. Will we be flying around in cars like the Jetsons or teleporting to work to avoid traffic gridlock? Some of the predictions may seem far-fetched, but if you recall, so did something called the World Wide Web back in the 1990s, and look where we are today with the internet’s takeover of global communication.
Looking to the future – be it 50
14 YPNEXTHOME.CA
Bungalows, unicorns and flying carsby JOE VACCARO, CEO ONTARIO HOME BUILDERS’ ASSOCIATION
Joe Vaccaro is CEO of the Ontario Home Builders’ Association, the voice of the residential construction industry in Ontario representing 4,000 member companies organized into 31 local associations across the province. The industry contributes more than $42 billion to Ontario’s economy, employing more than 325,000 people across the province.
LOOKING TO THE FUTURE – BE IT 50 YEARS FROM NOW, THE NEXT DECADE, NEXT YEAR OR NEXT MONTH – INSPIRES MUCH OF OUR WORK WE DO AT OHBA. WHERE ONTARIO RESIDENTS WILL LIVE, WORK AND PLAY TOMORROW WILL BE SHAPED BY OUR EFFORTS TODAY ON A VARIETY OF FRONTS.
years from now, the next decade, next year or next month – inspires much of our work we do at OHBA. Where Ontario residents will live, work and play tomorrow will be shaped by our efforts today on a variety of fronts.
The housing options available to consumers today are a reflection of big picture government thinking. I’m often asked the question where have all the bungalows gone and why are we building so many condos? With governments focused on intensification, density, transit-oriented communities and mixed-use buildings – it should be no surprise that the traditional ranch-style bungalow on a 60-ft. lot is quickly becoming as elusive as the unicorn.
OHBA has taken a positive and proactive approach to discussions around growth and planning for the future of our province. This means taking into account that the population in regions like the Greater Golden Horseshoe (GGH) is expected to skyrocket in the next 20 years, adapting building practices and standards to support and exceed the country’s
commitments to fight climate change and providing sustainable, complete communities along transit corridors. It means planning for a new generation whose needs and wants differ from those who have come before.
Big government thinking on these complex issues really does shape the housing options that consumers face today. As you are surveying your options for new homes, you’ll quickly see how yesterday’s subdivisions of bungalows are being replaced with Net Zero homes and communities. In the future, the workshop in the garage will be replaced with a charging station for your electric vehicle. And just like in the Jetson’s, we’ll eventually have to find a spot for that flying car.
THE HOME BUILDERS’ ANNUAL 2016 15
2
1
The Eglinton
Condo KeenYou’ve outgrown your curfew and are ready to start living 24/7. Experience it all in a Menkes condominium, at the intersection of wherever you desire.
Family FocusedSpend afternoons and weekends with the ones you love in amenities and homes designed for the ultimate in family fun.
menkes.com
FreebirdsOnce AgainThe kids have fl own the roost and now you talk with them on Twitter. Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch after that all-important lie-in.
Facebook.com/MenkesLife @MenkesLife
Start Something New with Menkes
The Next Chapterin Your Life Storey
1
Start Something New with Menkes
in Your Life Storeyin Your Life StoreyThe Enclaves of Upper Canada
Dwell
Low-Rise ReadyYou’ve been there, done that and stumbled upon your soulmate. Time to trade the citylights for patio lanternsin a Menkes townhome conveniently close to the life of the city.
Dwell
Pears
The kids have fl own the roost and now you talk with them on Twitter. Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch after that all-important lie-in.
in Your Life StoreyFor over 60 years, Menkes has focused on building homes and condominiums to suit every stage of your life in Toronto’s most desirable locations. Come home to Menkes today, where your life storey always begins and ends with total customer satisfaction.
The Enclaves of Upper Canada
The Eglinton
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1
The Eglinton
Condo KeenYou’ve outgrown your curfew and are ready to start living 24/7. Experience it all in a Menkes condominium, at the intersection of wherever you desire.
Family FocusedSpend afternoons and weekends with the ones you love in amenities and homes designed for the ultimate in family fun.
menkes.com
FreebirdsOnce AgainThe kids have fl own the roost and now you talk with them on Twitter. Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch after that all-important lie-in.
Facebook.com/MenkesLife @MenkesLife
Start Something New with Menkes
The Next Chapterin Your Life Storey
1
Start Something New with Menkes
in Your Life Storeyin Your Life StoreyThe Enclaves of Upper Canada
Dwell
Low-Rise ReadyYou’ve been there, done that and stumbled upon your soulmate. Time to trade the citylights for patio lanternsin a Menkes townhome conveniently close to the life of the city.
Dwell
Pears
The kids have fl own the roost and now you talk with them on Twitter. Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch after that all-important lie-in.
in Your Life StoreyFor over 60 years, Menkes has focused on building homes and condominiums to suit every stage of your life in Toronto’s most desirable locations. Come home to Menkes today, where your life storey always begins and ends with total customer satisfaction.
The Enclaves of Upper Canada
The Eglinton
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HOMETOWN
Coming Soon Leslie & Green Lane East Gwillimbury Register now at menkes.com
DWEll CiTy TOWNs
Under Construction Burnhamthorpe & Hwy 427 Etobicoke 416.259.2525
THE ENClavEs Of UppEr CaNaDa
Under Construction Guelph & MacFarlane Georgetown 289.891.9103
365 CHUrCH
Under Construction Church & Carlton Toronto 416.591.7700
pEars
Move In Now Avenue & Davenport Toronto 416.323.0100
HarbOUr plaza
Under Construction Harbour & York Toronto 416.591.7700
87 pETEr
Under Construction Peter & King Toronto 416.591.7700
fabrik
Move in Summer 2016 Richmond & Spadina Toronto 416.591.7700
THE EgliNTON
Now Open Yonge & Eglinton Toronto 416.591.7700
Your life storey starts here with Menkes.
menkes.com
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SO HERE YOU ARE – NEWLY MARRIED, just returned from a glorious honeymoon, and planning to move from a rental into your own home… Where do you start?
The first thing to consider is whether you want a condominium or freehold home. Each comes with its own unique legal and other issues.
» Condominium ownership: Most people think of condominiums as highrise apartments only. This is no longer true. Condominiums can include townhouses, semi-detached or detached homes. Condos can also take the form of common element condominiums (such as a shared swimming pool, common road or park), phased condominium corporations, vacant land condominiums or leasehold condominiums. Condominiums are created under the Condominium Act of Ontario, as, among other things, a means of sharing common costs and ownership. You basically own the inside of your unit and the condo corporation owns everything else.
» Freehold: Generally speaking, this is how previous generations purchased homes. You own your domain, and what you do with your property is your choice. Insurance, heat, hydro, property tax, maintenance – all are your personal responsibility, and you manage them as necessary. In other words, you cut your own grass and take out your own garbage.
Now that you know what kind of home options you have, let’s look at the differences in new and resale. A resale
by JAYSON SCHWARZ
Buying your first home?Here’s what you need to know
Legally Speaking
Jayson Schwarz LL.M. is a Toronto real estate lawyer and senior partner in the law firm Schwarz Law LLP. If you have a topic in mind, mail, deliver or fax letters to the magazine or to the firm, email (info@schwarzlaw.ca) and give us your questions, concerns, critiques and quandaries.
home is generally in move-in condition (subject to inspection) and you get immediate occupancy upon closing. You may have no warranty and need to consider the condition of the home. When are buying a resale home, except in special circumstances, there is no HST because you are purchasing a used residence.
Today, when you buy a new home, you can be years from occupancy. You have the comfort of knowing that Tarion Warranty Corp. is there to warranty the construction. It is fresh, never lived-in and the choice of finishings is yours. In a new home, most builders include HST in the purchase price. Builders also get an assignment of the HST rebate that you qualify for, as long as you are a Canadian resident and your settled intention is for you or immediate family to reside in the home. You will simply sign the forms and the issue will have no effect on your purchase.
You will also need to educate yourself, by reading articles (see schwarzlaw.ca), attending seminars, going online to research prospective builders (at tarion.com), and learning more about the area (visit ypnexthome.ca). Do not sign an offer without first having your lawyer review sales documents, for your own protection.
Another important matter to look at is insurance. You will need insurance for your new house, including mortgage insurance, and you might also consider reviewing your life and disability insurance, to make sure you are protected in case something happens to the major wage earner. You will need home insurance before the deal closes.
Finally, you need to understand how much money you need. It is not just the purchase price, but all the other financial considerations: legal fees, disbursements, Land Transfer Tax, final adjustments on a new home, mortgage fees (CMHC premiums), home inspector costs and home insurance premiums. Be prepared.
THE HOME BUILDERS’ ANNUAL 2016 19
THE DANIELS CORPORATION BRINGS INTEGRITY, CREATIVITY AND VISION TO EVERY COMMUNITY WE BUILD. YOU SEE OUR COMMITMENT TO EXCELLENCE IN EVERY EXQUISITE DETAIL.
For more information on Daniels Communities across the GTA visit www.DanielsHomes.caIllustrations are artist’s concepts. Prices and specifi cations are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Brokers Protected. E. & O.E.
Our motto “Love Where You Live” extends to every aspect of homebuilding, from the conception of each community to well after our homeowners move in. We put “people fi rst” every step of the way and build for everyone, from those looking for rental accommodations to fi rst-time homebuyers, growing families, empty-nesters and seniors. And through it all, each and every home is crafted with Daniels’ legendary quality and attention to detail.
In 2016, we look forward to creating innovative homeownership opportunities in Toronto’s Regent Park, Erin Mills, Mississauga, Brampton, and the East Bayfront at Toronto’s waterfront.
In addition, we will continue to expand our various corporate initiatives including our innovative programs that support urban agriculture, pioneering new approaches to décor and art in our condominium communities by supporting local artists, helping people achieve homeownership, championing neighbourhood initiatives that enhance residents’ quality of life, and supporting numerous charities and non-profi t organizations.
Most importantly, we continue to work hard to ensure our homeowners truly‘love where they live’.
FIRSTHOMETM
SUNNY MEADOW A new FirstHome™ community with condominium townhomes coming this fall to Sandalwood Parkway & Sunny Meadow Boulevard in Brampton.ALREADY UNDER CONSTRUCTION.905.460.9308DanielsFirstHome.ca
OLIVIA MARIE GARDENS Coming this spring to the NE corner of Mississauga Rd. & Olivia Marie Rd., these boutique condominiums are unlike anything else in Brampton, with exciting retail and everyday conveniences at your doorstep.ALREADY UNDER CONSTRUCTION.Suites from the $300,000s905.874.8880 OMGdaniels.com
THE WYATTAt the centre of the action in the award-winning, world-leading Regent Park revitalization, located in Toronto’s thriving Downtown East. A place that’s close to everything and nothing like you’ve experienced before.COMING SOON.Suites from the low $200,000s416.955.0559 DanielsWyatt.com
ON SALE
NOW LEASING
COMING SOON
THE DANIELS CORPORATION IS ONE OF CANADA’S PRE-EMINENT BUILDERS/DEVELOPERS, BUILDING MORE THAN 26,000 NEW HOMES ACROSS THE GREATER TORONTO AREA FOR 34 YEARS.
DANIELS WATERFRONT – CITY OF THE ARTS LIGHTHOUSE TOWERA master-planned, mixed-use community surrounded by creativity, inspired by arts, and driven by innovation. A visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay. Suites from $279,900 416.221.3939 DanielsWaterfront.com
HIGHPARK CONDOMINIUMSLive directly across from the largest park in the city, a block from the subway, and steps from Bloor West Village and the Junction. 18,000 S.F. of incredible amenities.
Suites from the $300,000s 416.955.0559 DanielsBartholomew.com
Rent from $1,390TOUR OUR MODEL SUITES905.813.9730SkyriseRentals.ca
SKYRISE RENTAL RESIDENCESkyrise is the fi rst new rental residence in Erin Mills in over 20 years. Located within the highly sought-after Daniels Erin Mills master-planned community, Skyrise has been designed to provide you with an exceptional rental experience.
DANIELS EVERMORE A limited collection of ravine lot singles in Castlemore (Brampton).
DANIELS BARTHOLOMEW Located in Downtown East, within the award-winning world-leading Regent Park revitalization.
ARC DANIELS ERIN MILLS The perfect addition to the Daniels Erin Mills neighbourhood, located at the Eglinton Avenue & Erin Mills Parkway corridor.COMING THIS SPRING.Suites from the low $200,000s905.306.6996 DanielsArc.com
Suites from $284,900416.351.1844 DanielsHighPark.com
Ravine lot singles from the $800,000s905.573.8792 DanielsEvermore.com
DANI 45450 CG Builders Annual_final.indd 1-2 2016-02-26 12:02 PM020-021-022 Dani 2016.indd 1 2016-02-29 4:42 PM
THE DANIELS CORPORATION BRINGS INTEGRITY, CREATIVITY AND VISION TO EVERY COMMUNITY WE BUILD. YOU SEE OUR COMMITMENT TO EXCELLENCE IN EVERY EXQUISITE DETAIL.
For more information on Daniels Communities across the GTA visit www.DanielsHomes.caIllustrations are artist’s concepts. Prices and specifi cations are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Brokers Protected. E. & O.E.
Our motto “Love Where You Live” extends to every aspect of homebuilding, from the conception of each community to well after our homeowners move in. We put “people fi rst” every step of the way and build for everyone, from those looking for rental accommodations to fi rst-time homebuyers, growing families, empty-nesters and seniors. And through it all, each and every home is crafted with Daniels’ legendary quality and attention to detail.
In 2016, we look forward to creating innovative homeownership opportunities in Toronto’s Regent Park, Erin Mills, Mississauga, Brampton, and the East Bayfront at Toronto’s waterfront.
In addition, we will continue to expand our various corporate initiatives including our innovative programs that support urban agriculture, pioneering new approaches to décor and art in our condominium communities by supporting local artists, helping people achieve homeownership, championing neighbourhood initiatives that enhance residents’ quality of life, and supporting numerous charities and non-profi t organizations.
Most importantly, we continue to work hard to ensure our homeowners truly‘love where they live’.
FIRSTHOMETM
SUNNY MEADOW A new FirstHome™ community with condominium townhomes coming this fall to Sandalwood Parkway & Sunny Meadow Boulevard in Brampton.ALREADY UNDER CONSTRUCTION.905.460.9308DanielsFirstHome.ca
OLIVIA MARIE GARDENS Coming this spring to the NE corner of Mississauga Rd. & Olivia Marie Rd., these boutique condominiums are unlike anything else in Brampton, with exciting retail and everyday conveniences at your doorstep.ALREADY UNDER CONSTRUCTION.Suites from the $300,000s905.874.8880 OMGdaniels.com
THE WYATTAt the centre of the action in the award-winning, world-leading Regent Park revitalization, located in Toronto’s thriving Downtown East. A place that’s close to everything and nothing like you’ve experienced before.COMING SOON.Suites from the low $200,000s416.955.0559 DanielsWyatt.com
ON SALE
NOW LEASING
COMING SOON
THE DANIELS CORPORATION IS ONE OF CANADA’S PRE-EMINENT BUILDERS/DEVELOPERS, BUILDING MORE THAN 26,000 NEW HOMES ACROSS THE GREATER TORONTO AREA FOR 34 YEARS.
DANIELS WATERFRONT – CITY OF THE ARTS LIGHTHOUSE TOWERA master-planned, mixed-use community surrounded by creativity, inspired by arts, and driven by innovation. A visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay. Suites from $279,900 416.221.3939 DanielsWaterfront.com
HIGHPARK CONDOMINIUMSLive directly across from the largest park in the city, a block from the subway, and steps from Bloor West Village and the Junction. 18,000 S.F. of incredible amenities.
Suites from the $300,000s 416.955.0559 DanielsBartholomew.com
Rent from $1,390TOUR OUR MODEL SUITES905.813.9730SkyriseRentals.ca
SKYRISE RENTAL RESIDENCESkyrise is the fi rst new rental residence in Erin Mills in over 20 years. Located within the highly sought-after Daniels Erin Mills master-planned community, Skyrise has been designed to provide you with an exceptional rental experience.
DANIELS EVERMORE A limited collection of ravine lot singles in Castlemore (Brampton).
DANIELS BARTHOLOMEW Located in Downtown East, within the award-winning world-leading Regent Park revitalization.
ARC DANIELS ERIN MILLS The perfect addition to the Daniels Erin Mills neighbourhood, located at the Eglinton Avenue & Erin Mills Parkway corridor.COMING THIS SPRING.Suites from the low $200,000s905.306.6996 DanielsArc.com
Suites from $284,900416.351.1844 DanielsHighPark.com
Ravine lot singles from the $800,000s905.573.8792 DanielsEvermore.com
DANI 45450 CG Builders Annual_final.indd 1-2 2016-02-26 12:02 PM020-021-022 Dani 2016.indd 2 2016-02-29 4:42 PM
LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE WHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE YOU LIVEWHERE YOU LIVE LOVE WHERE YOU LIVELIVE LOVE WHERE YOU LIVE LOVE WHERE
HAPPY HOMECOMINGS ARE A WAY OF LIFE AT DANIELS COMMUNITIES!
PROUD HOMEOWNER AT HIGHPARK CONDOMINIUMS
HAPPY HOMEOWNERS AT THE BURKEBROOK TOWN MANORS AT KILGOUR ESTATE
JOYFUL HOMEOWNERS AT ONEPARK WEST URBAN TOWNHOMES IN TORONTO’S REGENT PARK
RESIDENT GARDENING COMMITTEE AT ONEPARK WEST CONDOMINIUMS IN TORONTO’S REGENT PARK
PROUD HOMEOWNER AT LEWIS HONEY TOWNS & SEMIS IN AURORA
PROUD HOMEOWNERS AT DANIELS EVERMOREIN BRAMPTON
HAPPY HOMEOWNER AT PAINTBOX CONDOMINIUMS IN TORONTO’S REGENT PARK
FOR MORE INFORMATION ON DANIELS COMMUNITIES ACROSS THE GTA VISIT:www.DanielsHomes.ca
See what our homeowners are saying #lovewhereyoulive
RESIDENT GARDENING COMMITTEE AT FIRSTHOMETM HAZELTON PLACE IN MISSISSAUGA
FIRST-TIME HOMEOWNERS AT FIRSTHOME™LONG VALLEY PHASE ONE IN MISSISSAUGA
EXCITED HOMEOWNERS AT HIGHLANDS TOWNHOMES IN NEWMARKET
DANI 45450 CG Builders Annual_final.indd 3 2016-02-26 12:02 PM020-021-022 Dani 2016.indd 3 2016-02-29 4:42 PM
Aspen Ridge Homesfacebook.com/AspenRidgeHomes
Averton Homesfacebook.com/Averton-Ontario
The Daniels Corporationfacebook.com/thedanielscorporation
Fieldgate Homesfacebook.com/fi eldgatehomes
Great Gulffacebook.com/greatgulf
Lindvestfacebook.com/LindvestLifeHappensHere
Mattamy Homesfacebook.com/mattamyhomes78
Menkes Developmentsfacebook.com/MenkesLife
Rosehaven Homesfacebook.com/rosehavenhomes
Treasure Hillfacebook.com/treasurehillhomes
Aspen Ridge Homes@aspenridgehomes
Averton Homes@AvertonOntario
The Daniels Corporation@TheDanielsCorp
Fieldgate Homes@Fieldgatehomes
Great Gulf@GreatGulf
Lindvest@lindvest
Mattamy Homes@Mattamy_Homes
Menkes Developments@MenkesLife
Rosehaven Homes@ThisIsRosehaven
Treasure Hill@TreasureHill_
Aspen Ridge Homesinstagram.com/aspenridgehomes
Averton Homesinstagram.com/avertonontario
The Daniels Corporationinstagram.com/thedanielscorp
Great Gulfinstagram.com/GreatGulf
Lindvestinstagram.com/lindvest
Menkes Developmentsinstagram.com/menkeslife
Rosehaven Homesinstagram.com/rosehavenhomes
Treasure Hillinstagram.com/treasurehillhomes
Aspen Ridge Homespinterest.com/aspenridgehomes
The Daniels Corporationpinterest.com/thedanielscorp
Mattamy Homespinterest.com/mattamyhomes/
Menkes Developments pinterest.com/menkeslife
Fieldgate Homesfi eldgatehomesblog.com
Menkes Developmentsyoutube.com/menkesvideos
The Daniels Corporationyoutube.com/user/TheDanielsCorp
The Daniels Corporationlinkedin.com/company/the-daniels-corporation
Menkes Developments linkedin.com/company/menkes-developments-ltd-
Lindvestplus.google.com/+Lindvest
A LIST OF SOCIAL MEDIA PAGES FROM GTA BUILDERS AND DEVELOPERS TO HELP YOU STAY CONNECTED
social media directory
and STAY CONNECTED
GETSOCIAL
026 Annual Social Media PageHBA 2016.indd 10 2016-03-01 3:11 PM
26 YPNEXTHOME.CA
design is everything.
For over 50 years, Averton has
designed award-winning residential
communities and created more than
10,000 homes and condominiums
across North America. Today Averton
is redefining home design with the
goal of creating modern, affordable
luxury residences that push the
boundaries of traditional home design.
Every feature in an Averton home
reflects unparalleled craftsmanship
and integrity to ensure it has a lasting
connection to your lifestyle.
At Averton. – design is everything.
Explore Averton’s active developments
in the GTA and beyond.
AVER-A-AD-MULTI-BUILDERANNUAL 2016-FEB24-5.indd 1 2/26/16 9:05 AM
027-028-029 Averten 2016.indd 1 2016-02-29 4:51 PM
Follow us onPrices and specifi cations are subject to change without notice. E. & O.E. Rendering’s are artist’s concept.
On Brock Road in Pickering. Pickering’s best new home value off ers a stunning collection of Brownstone Townhomes. Choose from Coach
Towns, Garden Towns and Urban Towns, all close to big city amenities and priced from the $280’s. Phase 2 new release is coming this spring. Register now for priority access, new release pricing and lot selection.
Bowmanville’s hottest selling new community! Beacon Hill off ers a stunning range of luxurious 2-storey detached homes and bungalows on beautiful 40 foot
lots, priced from the $470’s and newly released the townhome signature collection, priced from the $370’s. Established neighbourhood with easy access to GO Transit, Hwys. 2 and 401, plus miles of walking trails. New Release is coming this spring! Register now for priority access, priority pricing and lot selection.
In beautiful Mount Albert amidst the rolling hills of Mount Albert, Victoria Highlands combines small town friendliness and easy access to big city amenities. It’s the perfect venue for a collection of 33- and 40-ft. detached homes, priced from the mid $500’s. Two designer-decorated models to tour, with quick closing available on several ready-to-go inventory homes.
Exquisite all-detached bungalow and 2-storey homes on lots up to 70’ in Averton Peterborough’s stunning community. Register now for fi rst-in-line access.
In the historic village of Kleinburg Averton Common is an enclave of condominium villas, located in prestigious historic Kleinburg,
surrounded by quaint shops, art galleries and fi ne restaurants. Priced from the $680’s this intimate cluster of condominium villas, exhibits elegance, sophistication and a warm rural charm. A beautiful new model suite will be opening this Spring. Sign up now for your Model Tour.
PickeringMain Street Seaton.
Mount Albert
Bowmanville
Beacon Hill.
KleinburgAverton Common.
Peterborough. - Coming Soon
In downtown Niagara-on-the-Lake. Imagine living just a short stroll from the theatres, shops, restaurants and galleries of downtown Niagara-on-the-Lake. An exclusive collection
of beautiful bungalows is priced from the mid $600’s. Inventory Sales Event and New Release of homes this Spring. Register now to receive priority access and up-to-the moment information, priority pricing. The stunning models homes are open for viewing.
Downtown Niagara-on-the-LakeAverton Square.
Immediate occupancy in Etobicoke. This modern condominium glass tower rises into the sky, off ering urban chic at Dundas and Islington. Now fully complete, Evolution off ers a superb selection of quick move-in suites priced from the low $300’s.
Etobicoke
Victoria Highlands. Evolution.
AVER-A-AD-MULTI-BUILDERANNUAL 2016-FEB24-5.indd 3 2/26/16 9:06 AM
Averton.caLearn more @
pushes the boundaries of traditional home design.
In community after community, Averton showcases its
unique brand of architectural style and interior refinements.
Averton homes stand out from the ordinary; always
delivering outstanding value in truly beautiful settings that
inspire the most rewarding lifestyles.
AVER-A-AD-MULTI-BUILDERANNUAL 2016-FEB24-5.indd 2 2/26/16 9:05 AM
027-028-029 Averten 2016.indd 2 2016-02-29 4:51 PM
Follow us onPrices and specifi cations are subject to change without notice. E. & O.E. Rendering’s are artist’s concept.
On Brock Road in Pickering. Pickering’s best new home value off ers a stunning collection of Brownstone Townhomes. Choose from Coach
Towns, Garden Towns and Urban Towns, all close to big city amenities and priced from the $280’s. Phase 2 new release is coming this spring. Register now for priority access, new release pricing and lot selection.
Bowmanville’s hottest selling new community! Beacon Hill off ers a stunning range of luxurious 2-storey detached homes and bungalows on beautiful 40 foot
lots, priced from the $470’s and newly released the townhome signature collection, priced from the $370’s. Established neighbourhood with easy access to GO Transit, Hwys. 2 and 401, plus miles of walking trails. New Release is coming this spring! Register now for priority access, priority pricing and lot selection.
In beautiful Mount Albert amidst the rolling hills of Mount Albert, Victoria Highlands combines small town friendliness and easy access to big city amenities. It’s the perfect venue for a collection of 33- and 40-ft. detached homes, priced from the mid $500’s. Two designer-decorated models to tour, with quick closing available on several ready-to-go inventory homes.
Exquisite all-detached bungalow and 2-storey homes on lots up to 70’ in Averton Peterborough’s stunning community. Register now for fi rst-in-line access.
In the historic village of Kleinburg Averton Common is an enclave of condominium villas, located in prestigious historic Kleinburg,
surrounded by quaint shops, art galleries and fi ne restaurants. Priced from the $680’s this intimate cluster of condominium villas, exhibits elegance, sophistication and a warm rural charm. A beautiful new model suite will be opening this Spring. Sign up now for your Model Tour.
PickeringMain Street Seaton.
Mount Albert
Bowmanville
Beacon Hill.
KleinburgAverton Common.
Peterborough. - Coming Soon
In downtown Niagara-on-the-Lake. Imagine living just a short stroll from the theatres, shops, restaurants and galleries of downtown Niagara-on-the-Lake. An exclusive collection
of beautiful bungalows is priced from the mid $600’s. Inventory Sales Event and New Release of homes this Spring. Register now to receive priority access and up-to-the moment information, priority pricing. The stunning models homes are open for viewing.
Downtown Niagara-on-the-LakeAverton Square.
Immediate occupancy in Etobicoke. This modern condominium glass tower rises into the sky, off ering urban chic at Dundas and Islington. Now fully complete, Evolution off ers a superb selection of quick move-in suites priced from the low $300’s.
Etobicoke
Victoria Highlands. Evolution.
AVER-A-AD-MULTI-BUILDERANNUAL 2016-FEB24-5.indd 3 2/26/16 9:06 AM
Averton.caLearn more @
pushes the boundaries of traditional home design.
In community after community, Averton showcases its
unique brand of architectural style and interior refinements.
Averton homes stand out from the ordinary; always
delivering outstanding value in truly beautiful settings that
inspire the most rewarding lifestyles.
AVER-A-AD-MULTI-BUILDERANNUAL 2016-FEB24-5.indd 2 2/26/16 9:05 AM
027-028-029 Averten 2016.indd 3 2016-02-29 4:51 PM
by BEN MYERS
“ALMOST EVERYTHING WAS UP IN THE
GTA NEW HOME MARKET IN 2015” was the title of a presentation I gave at the recent EQ Housing Innovation Forum. The logical next question was, is that a good thing?
There were 38,446 units launched into the market by builders and developers in 2015, an increase of 5.6 per cent annually, according to RealNet Canada Inc. This is a good measure of developer confidence. If this figure is increasing, it signifies that developers are bullish on the prospects of the market and their ability to sell product.
There were 41,295 new home sales in 2015, says RealNet, an increase of 3.9 per cent over 2014, and an indication of consumer and investor confidence. If end users have a secure job situation and a strong financial position, they are much more likely to purchase a new home. If investors perceive that the market is doing well, and they will be able to see capital appreciation and predictable rental income in the future, they buy pre-construction units.
There were 42,287 housing starts last year, according to data from the Canadian Mortgage and Housing Corp. (CMHC), an annual increase of 46.2 per cent. The big jump in activity can be attributed to much slower starts activity in 2014. Starts reflect lender confidence. The development industry can sell as many houses as it wants,
Will 2016 carry on from a record 2015?
Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter @BenMyers29.
but if there aren’t banks and other construction financing companies to finance these projects, very few would actually come out of the ground. If starts are occurring, lenders are comfortable with the housing market going forward.
Based on the commentary and reports from several economists and analysts, the consensus is that the GTA can support 35,000 to 38,000 new housing units annually, based on projected demographic demand. All three of these data points exceeded 38,000 units in 2015, so will the GTA experience an oversupply situation in the future?
Keep in mind that new home supply, building permits, starts and completions were all lower than 38,000 in 2014, which has created some slack in the marketplace. Additionally, there were 46,384 housing completions last year, meaning construction finished on that many units in 2015. Despite this onrush of new supply, new home prices increased, resale prices increased, rental apartment rates increased, average lease rates on investor-held condominiums increased, all while new lowrise housing supply declined, and listings in the resale market were down year-over-year.
All of the forecasts for new and resale house price growth are higher in 2016 in comparison to 2015, as economists and analysts feel the same confidence in the market as builders, consumers, investors and lenders.
Hopefully, you stay confident in 2016.
Stat Chat
30 YPNEXTHOME.CA
AWARD-WINNING
HOMEBUILDER
DISCOVER LIVING
Treasure Hill is the recipient of multiple BILD awards including twice winning Low-rise
Project of the Year. Dedication to quality craftsmanship, attention to detail, and listening
to purchasers’ wants and needs have helped to elevate our reputation as one
of the GTA’s most dependable and sought-after builders.
031-032-033 Treasure Hill 2016.indd 1 2016-02-29 4:39 PM
IN THE GTA’S MOST DESIRABLE LOCATIONS
AURORA VIEWS IN AURORA
Treasure Hill discovers the most sought-
after locations throughout the GTA. Aurora
Views is a great example of this, as it
features luxurious singles on ravine and
cul-de-sac lots. Yet, this natural setting
still provides homeowners with every
convenience they need. Shopping, schools,
entertainment and dining are all minutes
away, and the nearby Highway 404 puts
the GTA at their fingertips.
TREASURE HILL PROUDLY PRESENTS
STUNNING COMMUNITIES IN THE GTA’S MOST DESIRABLE LOCATIONS
SITE
REGISTER FOR OUR UPCOMING COMMUNITIES
SINGLES
AURORASINGLES
VAUGHAN
E L E V A T E Y O U R L I F E I N V A U G H A N
SINGLESNEW RELEASE
BRAMPTONESTATE SINGLES
KING CITY
NOW OPEN
E S T A T E C O L L E C T I O NA C A C I A
E S T A T E C O L L E C T I O NA C A C I A
E S T A T E C O L L E C T I O NA C A C I A
OUR DESIGN STUDIO
THE PERFECT FINISHES
Over 4,500 sq. ft. of inspiration awaits you at our
Design Studio, where our helpful staff is here to
help turn your new home into an absolute treasure.
The moment you step in, you’ll be swept away
by the options available.
Experience the latest in kitchen and bathroom
design featuring undermount sinks and free-
standing tubs, as well as beautiful flooring
options and creative finishes.
Our consultants are here to provide you with
options, suggestions and knowledge to create
the perfect décor for your lifestyle.
TREASUREHILL.COM
031-032-033 Treasure Hill 2016.indd 2 2016-02-29 4:39 PM
IN THE GTA’S MOST DESIRABLE LOCATIONS
AURORA VIEWS IN AURORA
Treasure Hill discovers the most sought-
after locations throughout the GTA. Aurora
Views is a great example of this, as it
features luxurious singles on ravine and
cul-de-sac lots. Yet, this natural setting
still provides homeowners with every
convenience they need. Shopping, schools,
entertainment and dining are all minutes
away, and the nearby Highway 404 puts
the GTA at their fingertips.
TREASURE HILL PROUDLY PRESENTS
STUNNING COMMUNITIES IN THE GTA’S MOST DESIRABLE LOCATIONS
SITE
REGISTER FOR OUR UPCOMING COMMUNITIES
SINGLES
AURORASINGLES
VAUGHAN
E L E V A T E Y O U R L I F E I N V A U G H A N
SINGLESNEW RELEASE
BRAMPTONESTATE SINGLES
KING CITY
NOW OPEN
E S T A T E C O L L E C T I O NA C A C I A
E S T A T E C O L L E C T I O NA C A C I A
E S T A T E C O L L E C T I O NA C A C I A
OUR DESIGN STUDIO
THE PERFECT FINISHES
Over 4,500 sq. ft. of inspiration awaits you at our
Design Studio, where our helpful staff is here to
help turn your new home into an absolute treasure.
The moment you step in, you’ll be swept away
by the options available.
Experience the latest in kitchen and bathroom
design featuring undermount sinks and free-
standing tubs, as well as beautiful flooring
options and creative finishes.
Our consultants are here to provide you with
options, suggestions and knowledge to create
the perfect décor for your lifestyle.
TREASUREHILL.COM
031-032-033 Treasure Hill 2016.indd 3 2016-02-29 4:39 PM
by CARSON ARTHUR
Carson Arthur is an international landscape designer with a focus on environmentally-friendly design. He is HGTV’s Critical Listing landscape guru and appears regularly on TV, writes for various publications about outdoor design and is the author of the sold-out book Garden Designs for Outdoor Living. Visit carsonarthur.com
Outdoor Living
Garage organization
HAVING A GARAGE IS WORTH A LOT OF MONEY. SO WHY DO ALMOST
70 per cent of homeowners admit that their garage is too full of clutter to even hold their car? It’s time to take back all that great usable space.
Here are my five steps to help you create a space that is more than just a spot to put the garden tools.
1. Get everything off the ground. The size of your garage is important when realizing its true value. If your garage looks big, it’s worth more. Being able to see the entire floor makes a room more spacious. Utilize racks and wall storage systems such as the Gladiator GearTrack to get awkward items such as bicycles, rakes and shovels up and out of the way.
2. Paint the floor or add Tiles. Seeing as much of the floor as possible is key to visually maximizing your garage, but no one wants to see a floor covered in stains from the car or the lawnmower. Choose paint or a tile designed specifically for floors so that it will last. When picking a colour, go with something that will hide any future stains and marks. I personally like a charcoal grey because it not only hides the scuffs from everyday use, it also hides dust and dirt that blows in when the garage door is left open.
3. Hide the sports gear. Too often, the garage becomes the home of bulky sports gear such as hockey bags or golf clubs. These awkward bags are always getting in the way or falling over. Look for a storage unit on wheels to hide all of the uncooperative items behind closed doors. That way, everything has a place and is contained.
4. Add light. The biggest downfall of most garages is the lack of light. While saving wall space for storage instead of windows is a great idea, it’s important to add light fixtures to ensure that your garage is bright. A
well-lit garage is important for safety as well. Being able to see any possible hazards is important to ensuring everyone’s safety.
5. Customize to meet your family’s needs. Like a backyard, every homeowner uses their garage differently. Having the ability to customize your storage solutions is key to making any space meet your needs. Choose a garage storage system that allows you to build and customize based on your available areas just like you would a kitchen; adding shelves, racks and storage exactly where you need it. Also consider choosing a system that allows you to grow. Being able to add on or make changes will give you flexibility in the long term.
34 YPNEXTHOME.CA
For more information about current and upcoming communities, visit us online.
Whether you’re lookingfor a new home or a
smart investment, Lindvest offersyou some great choices.
“Lindvest”, the Lindvest logo, and “Life Happens Here” are trade-marks ofLindvest Marketing Limited and are used under license. Reproduction in any form,
without prior written permission of Lindvest Marketing Limited, is strictly prohibited.*Based on 1-Bedroom “Arlington” unit with no parking.
Renderings are artist’s concept only. Pricing, specs and availability subjectto change without notice. E.&O.E.
SPRING VALLEY JUNCTIONDetached Homes From The Mid $600,000’sChinguacousy Rd. and Daviselm Dr., BramptonNOW OPEN! 905.457.6464
GRAND CORNELL BROWNSTONESStarting From The $270,000’sBY APPOINTMENT ONLY. 416.736.6500
BRAMPTON – NEW RELEASE! MARKHAM – SALES OFFICE CLOSED
GRACEFIELDSDetached Homes From The Low $400,000’sHighway 2 and Rudell Rd., Newcastle.4 MODELS TO VIEW! 1.877.361.4226
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PHASE 2 IN MARKHAM
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by CARSON ARTHUR
Carson Arthur is an international landscape designer with a focus on environmentally-friendly design. He is HGTV’s Critical Listing landscape guru and appears regularly on TV, writes for various publications about outdoor design and is the author of the sold-out book Garden Designs for Outdoor Living. Visit carsonarthur.com
Outdoor Living
Garage organization
HAVING A GARAGE IS WORTH A LOT OF MONEY. SO WHY DO ALMOST
70 per cent of homeowners admit that their garage is too full of clutter to even hold their car? It’s time to take back all that great usable space.
Here are my five steps to help you create a space that is more than just a spot to put the garden tools.
1. Get everything off the ground. The size of your garage is important when realizing its true value. If your garage looks big, it’s worth more. Being able to see the entire floor makes a room more spacious. Utilize racks and wall storage systems such as the Gladiator GearTrack to get awkward items such as bicycles, rakes and shovels up and out of the way.
2. Paint the floor or add Tiles. Seeing as much of the floor as possible is key to visually maximizing your garage, but no one wants to see a floor covered in stains from the car or the lawnmower. Choose paint or a tile designed specifically for floors so that it will last. When picking a colour, go with something that will hide any future stains and marks. I personally like a charcoal grey because it not only hides the scuffs from everyday use, it also hides dust and dirt that blows in when the garage door is left open.
3. Hide the sports gear. Too often, the garage becomes the home of bulky sports gear such as hockey bags or golf clubs. These awkward bags are always getting in the way or falling over. Look for a storage unit on wheels to hide all of the uncooperative items behind closed doors. That way, everything has a place and is contained.
4. Add light. The biggest downfall of most garages is the lack of light. While saving wall space for storage instead of windows is a great idea, it’s important to add light fixtures to ensure that your garage is bright. A
well-lit garage is important for safety as well. Being able to see any possible hazards is important to ensuring everyone’s safety.
5. Customize to meet your family’s needs. Like a backyard, every homeowner uses their garage differently. Having the ability to customize your storage solutions is key to making any space meet your needs. Choose a garage storage system that allows you to build and customize based on your available areas just like you would a kitchen; adding shelves, racks and storage exactly where you need it. Also consider choosing a system that allows you to grow. Being able to add on or make changes will give you flexibility in the long term.
by WAYNE KARL
Trending
WHY IS 2016 A GOOD YEAR TO BUY A HOME IN CANADA? LET US COUNT the ways.
1. Low interest ratesIn its rate announcement on Jan. 20, the Bank of Canada held its target for the overnight rate at 0.50 per cent, citing a setback brought on by a decline in oil and commodities prices. BoC expects the economy to grow by about 1.5 per cent in 2016 and 2.5 per cent in 2017.
Some experts, such as Benjamin Tal, deputy chief economist at CIBC World Markets, expects interest rates to remain low through 2016, if not even to fall slightly.
At least one lender, in Ontario, even recently introduced what it says is the lowest posted fixed mortgage rate on the market – at 1.69 per cent for a one-year term.
The BoC’s was to make its next rate announcement on March 9.
2. The upside of down pricesWhen the The Canadian Real Estate Association (CREA) released its latest statistics in mid February, one number jumped off the page and into the headlines: 17 per cent – the rate by which the national average sale price rose on a year-over-year basis in January.
“Holy,” prospective homebuyers might have thought, “how will I ever be able to buy a home if this keeps happening?”
The key thing to look for when you see such news, however, is what’s happening in your market. Real estate is local, not national. You don’t buy the Canadian market, or even a provincial or regional one. You buy one home in one location.
Excluding British Columbia and Ontario from CREA’s January stats, the national average sale price actually declined slightly, by 0.3 per cent.
Economies and housing sectors in markets such as Calgary, Edmonton and Saskatoon are feeling the pinch of the extended slowdown in oil and gas. For existing homeowners, of course, this isn’t great news, as average home prices in Calgary dropped 3.05 per cent year-over-year in January; in Saskatoon, they fell 2.11 per cent.
For prospective buyers, however, this means opportunity.
Naturally, buyers might not too jazzed about getting in when prices are dropping, fearing their home’s value will go down after they purchase. But look at the longer term. In Calgary, prices have increased 14.29 per cent over the last three years; in Saskatoon, 2.07 per cent.
3. The hot gets hotterThe Toronto and Vancouver housing markets continue to roll along, recording record sales and prices. If you live there and you’re fortunate enough to be able to buy, particularly in the lowrise category, the forecasts for 2016 are for more growth.
5 reasons 2016 is a good year to buy a home in Canada
36 YPNEXTHOME.CA
Again looking at the CREA’s stats for January, B.C.’s Lower Mainland and the GTA contributed most to the national increase. Greater Vancouver (20.56 per cent) and the Fraser Valley (16.94 per cent) posted the largest gains, followed by Greater Toronto (10.69 per cent).
Longer-term performance for these markets is off the charts. Greater Vancouver average home prices rose 20.56 per cent in the last year, 31.58 per cent over the last three years. For the GTA, the figures are 10.69 and 27.44 per cent, respectively.
Housing starts – an important indicator of economic health – continue to hum along in Ontario, up slightly in January, according to Canada Mortgage and Housing Corp.
Vancouver’s are a little more challenged, holding steady overall, but increasing in single-detached starts and declining slightly in multi-family units in January.
4. History is on your sideHave you ever heard the adage, “Don’t wait to buy real estate, buy real estate and wait,” but aren’t sure what it means, exactly?
While there are no guarantees, in short, real estate in Canada is a proven performer over time.
Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in eastern Canada have performed well over time, thank you very much.
5. Spring is around the cornerSpring in real estate is typically “busy season.” While it’s largely been a mild winter in much of Canada, the warmer weather and longer days generally encourage more activity in the market. Those who were thinking of selling but delayed through the winter months might now throw up that “For Sale” sign.
Those looking to buy are similarly more enthused about getting out and looking around when the weather is nicer, and when, coincidentally, listings usually increase.
Even on the new-home front, builders often use the spring season to launch new developments, and to add incentives for any remaining inventory in existing communities.
MARKET January 2016 % change 1 month % change 12 months % change 3 years
BC Lower Mainland $681,500 1.8% 19.6% 28.22%
Greater Vancouver $775,300 1.76% 20.56% 31.58%
Calgary $444,000 -0.93% -3.05% 14.29%
Regina $281,600 1.27% -0.68% -7.69%
Saskatoon $303,100 -0.48% -2.11% 2.07%
Greater Toronto $578,400 0.74% 10.69% 27.44%
Ottawa $328,400 0.07% 1.10% 1.59%
Greater Montreal $302,000 -0.25% 1.48% 4.04%
Greater Moncton $159,900 0.67% 6.57% 7.16%
CANADA $512,600 0.60% 7.73% 18.71%
SOURCE: CANADIAN REAL ESTATE ASSOCIATION
Home Price Index Benchmark Price
THE HOME BUILDERS’ ANNUAL 2016 37
VICTORIA’S FAMILY CALLS THEMSELVES THE UNLUCKY, LUCKY ONES. After four-year-old Victoria fell down the stairs, she was lucky to have a successful surgery at The Hospital for Sick Children (SickKids) and incredible support from her family and SickKids staff by her side.
Prior to the incident, Victoria was a healthy child. She was happy with her daily routine - going to her grandparents’ house with her brother, Alexander, until her mom, Evelyn, came to pick her up from work.
One evening, Victoria suddenly collapsed out of her uncle’s arms and fell down the stairs at her grandparents’ house. After she started vomiting at her grandparents’ house, Evelyn called the paramedics to take her to SickKids. The emergency room ordered an immediate CT scan and an MRI the next morning for a closer look. The scans revealed a brain tumour, later diagnosed as a juvenile pilocytic astrocytoma (JPA), even though Victoria never experienced any symptoms prior to her fall. JPA’s are one of the most common childhood tumour, but are usually identifi ed following symptoms like headaches, vomiting and diffi culty with muscle coordination. Luckily, SickKids houses one of Canada’s largest paediatric neurosurgical units specializing in treating children affected by brain and spinal cord illnesses such as brain tumours. Two weeks after the incident, on February 25, 2014, Victoria had surgery to remove the tumour. During
the surgery, doctors found a cyst above the tumour, which they also successfully removed.
Although Evelyn and her husband, Peter’s journey at SickKids was scary, Victoria seems to associate the hospital with chocolate milk. While fasting on the morning of surgery, she asked her dad if she could have some, but he told her the chocolate milk cow was still sleeping. Only fi ve hours later, Victoria woke up in the Intensive Care Unit and asked for the chocolate milk, her mind sharp as ever.
From when she fell until she went into surgery, Evelyn and Peter were concerned and had many unanswered questions about their daughter’s condition.
“The support system at SickKids was incredible. Sometimes the doctors would answer our sudden questions within minutes over email,” Evelyn said.
Since the surgery, Victoria visited SickKids six weeks later for a check-up. Since she has made a full recovery, she only needs to visit SickKids every six months for follow up appointments.
Evelyn describes Victoria’s fall as one of the scariest moments of her life. Although Victoria’s condition was bad luck for the family, the successful surgery and recovery along with the supportive staff at SickKids shows how lucky they really are.
VICTORIAMEET OUR HERO
2016 Builders Helping to Heal-Meet VICTORIA.indd 1 3/1/16 4:37 PM
38 YPNEXTHOME.CA
BUILDERS HELPING TO HEALYellow Pages NextHome, the publisher of New Home Guide, New Home & Condo Guide and New Condo Guide, is teaming up with builders and their suppliers to help raise money for SickKids. The following companies have contributed generously to help give children the world-class care they deserve. These pages honour these special people, and we thank them for their generous support.
Builders Helping to Heal and Friends of the Industry are Yellow Pages NextHome initiatives stemming from SickKids
Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors.
Again, we thank our generous sponsors and appreciate their ongoing commitment. These companies not only build housing, but they support the families in the communities in which they build.
Readers looking to support SickKids can go to www.sickkidsleaders.com
PLATINUM SPONSORS
GOLD SPONSORS SILVER SPONSORS
WHY SICKKIDS? Between 400 and 500 Canadian children are diagnosed with a brain tumour each year. SickKids will treat approximately 150 of them.
In 2014, SickKids researchers identifi ed the reason why ependymoma, a brain tumour affecting babies and toddlers, is resistant to chemotherapy.
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primonthomes.com
ballymorehomes.com
starlanehomes.comlashgroup.ca
heathwood.com mattamyhomes.com
bazis.ca
tridel.ca gemterra.com
H O M E S ™
2016 Builders Helping to Heal-Meet VICTORIA.indd 2 3/1/16 4:37 PM
THE HOME BUILDERS’ ANNUAL 2016 39
It’s no cliche that buying a home is the most important purchase that most people will make – because it’s the most emotional and the most expensive. There is a lot to consider, and a lot that goes into the decision.
The key is not to let it overwhelm you, which is easier said than done sometimes, especially for those who have never been through it before. You’re going to get valuable advice about what to keep in mind when shopping, and it’s going to include very important considerations such as builder reputation, price, budget and location. You will definitely want to research and plan around all of those things.
To me, however, having been through it personally, and in listening to literally thousands of our customers, there is an overriding element that, if properly considered, actually takes care of all that. It’s focusing on the needs of you and your family.
We’ve seen a trend recently, and it’s been reinforced by media coverage of the housing market, for people to view their house primarily as an investment. It’s definitely the biggest purchase of most people’s lives, but this can tend to distract from the reality that a house is not just where you live until the investment appreciates. A house is a home. So the real question is how do you turn the bricks and mortar into a place where you can make memories.
Focus on what the needs of your family are. Ask yourself questions such as: What do you truly need in your home? Is your family going to be growing, or will you be downsizing? Is a yard a must-have or would you prefer someone else look after maintenance? Is easy access to work, shopping or public transit important? What Green or sustainable features are important to you? Will you be working out of your home? Do you have multi-generational needs for the home? What community features are most important to you and your family? Your unique lifestyle needs really should drive your decisions on the type of housing you decide on, which will in turn drive considerations of price and location.
There are many different forms of housing out there today to support many types of lifestyle needs – community builders such as Mattamy offer many options (often in the same community) such as condos, townhomes, live-work units and traditional single-family homes of many shapes and sizes.
If you make good decisions grounded in what you and your family truly need from a home, that’s the most important thing. If you keep that front and centre, the process and your overall experience will be rewarding. And then, if and when you decide to sell, the market may very well reward you, too.
Expert Panel
Affordability, location, lifestyle… Today’s homebuyers face many questions. What are the most important determining factors they should consider when buying a home in 2016?
Focus on the needs of you
and your family
Brad CarrPresident, Canada
Mattamy Homes
“There are many different forms of
housing out there today to support many types
of lifestyle needs...”
40 YPNEXTHOME.CA
Everything starts with affordability. Having a clear understanding of what you can afford is the fundamental factor to consider, regardless of your
preferences for location or lifestyle. The median Toronto CMA household Income was
$84,593 based on the National Household Survey, 2011. This income level could afford about $538,000, assuming 10 per cent down ($55,000) and a five-year mortgage at three per cent. Most people actually can afford less than this. However, more than 78 per cent of detached resale houses in the Greater Toronto Area were priced above $500,000 in 2015. In contrast, 85 per cent of condo apartments resold for less than $500,000 in 2015, more in line with the affordability levels of those of median income.
So if your lifestyle allows you to live in a condo apartment, you should be in a position to find what you are looking for in a GTA location. However, if your lifestyle means that you need a bit more space, prefer living at ground level, or want a backyard, this means you will likely have to “move out,” to the edges or even outside of the GTA. Even then, the high price of detached housing will likely limit the choices of most buyers to townhouses.
For example, resale detached homes average more than $500,000 in most parts of the GTA, except Durham Region ($498,753). Even Simcoe County shows an average detached price of $528,798 – right in line with the GTA household income. In comparison, freehold townhouses average $444,722 in Brampton, $477,630 in Milton and $523,400 in Burlington.
If lifestyle doesn’t allow either of these options to work because of a need for more house space or yard space, then the next step to consider is a move slightly further out, to outside the GTA. For example, Empire’s new Avalon community in Caledonia, just 15 minutes from Hamilton, offers detached housing starting at $324,990 on a 270-ft. lot, with larger homes on 42-ft. lots priced in the $450,000 to $525,000 range.
So overall, affordability limits likely mean living in a condo apartment if you want a more urban GTA location, perhaps a townhouse or larger condo if you prefer a more suburban GTA setting and if your lifestyle preference is for a detached home, you may have to consider moving outside the GTA proper. Empire Communities has affordable and well-designed options for buyers across these areas, at prices that are affordable and offer great value.
“Having a clear understanding of
what you can afford is the fundamental factor to consider...”
Paul A. Golini Jr.Co-Founder and Executive Vice-President,
Industry Relations, Empire Communities
Affordability is the order
of the day
THE HOME BUILDERS’ ANNUAL 2016 41
Expert Panel
T here are a number of factors one must carefully consider when purchasing a home, including affordability, location, public transit,
schools, community centres, employment and other essential services.
Housing accounts for a major cost in most family budgets. Affordability is a growing concern for Canadian homebuyers and is not limited to economic backgrounds, culture and demographics. It’s also a key consideration for new-home buyers and empty nesters.
It’s important to understand the risks of affordability. When determining affordability, it’s essential to review and understand all costs related to the property such as taxes, mortgage payments, utilities and maintenance, as well as everyday costs such as transportation and other financial obligations to determine the affordability level and understand the risk factor.
Other considerations include the government of Canada’s new down payment rules impacting homes priced at more than $500,000, where the difference increases from five to 10 per cent. What that means is a homebuyer purchasing a home for $800,000 (which was the average price index for a home at the end of 2015), is now required to pay five per cent on the first $500,000 ($25,000) and 10 per cent on the remaining $300,000 ($30,000), which accounts for an increase of $15,000. Canada Mortgage and Housing Corp. offers a useful tool, the mortgage affordability calculator to help you estimate the maximum mortgage you can afford. This can help you establish an affordable neighbourhood or community.
Location can definitely impact affordability. The urbanization trend has seen a shift from suburban living to city living. A property in downtown Toronto will cost more than a similar property in the suburbs. With this growing trend of the urban experience which has populations moving to major cities, the growing population of millennials (born 1981 to 1997) craving diversity, different cultures and ethnicity are moving to city centres such as downtown Toronto to have an amenity rich lifestyle and be close to work.
Affordability and lifestyle needs will determine the type of housing and location people desire. If lifestyle is important, choosing the housing type that’s more affordable is key whether it’s a condo, townhouse, semi-detached or detached. Purchasers may need to be realistic when comparing size and amenities. The lifestyle needs of Millennials (born 1981 to 1997) will be different from Generation X (born 1965 to 1980), Baby Boomers (born 1946 to 1964) and the Silent Generation (born 1928 to 1945).
“Affordability is a growing concern for Canadian
homebuyers and is not limited to economic backgrounds,
culture and demographics.”
Chris WeinPresident, Residential
Great Gulf
Determining your housing
type and location
42 YPNEXTHOME.CA
T he old saying about “location, location, location” has always rang true in real estate, and this year it is more appropriate than ever. For homebuyers
in the Toronto marketplace today, location needs to be their number one consideration.
For many buyers, their location choice is both important and complex. Where you choose to live governs proximity to work, distance to family and friends, ease of access to shopping, entertainment and community services, and even the school district for your children.
Housing experts often talk about the “lifestyle” factor in the homebuying decision process, but the connection that some people tend to overlook is that location is ultimately the key driver of lifestyle and quality of life. The location of your home will determine if you are within walking distance of basic shopping and services, if you have access to high-quality transit options, or how long you will have to spend in your car travelling to places.
As the population of the Greater Toronto Area continues to grow, traffic congestion and commuting times will impact our daily lives more and more. If you are looking to buy a home this year, you should not just think about whether the location works for you from a commuting/travel perspective today, but to think ahead five or 10 years. Will this neighbourhood become more transit friendly? Are there any transportation infrastructure improvements in the works? If your commuting time were to increase in the future, how much more time would be acceptable?
Obviously, buyers cannot ignore the affordability factor in their homebuying decision. But in today’s housing market, the most important factor for many potential purchasers may be location. Make it a top priority, and to try to buy the best location possible within your financial means.
“Where you choose to live governs proximity to work,
distance to family and friends, ease of access to shopping, entertainment and community services,
and even the school district for your children.”
Mimi NgVice-President, Sales and Marketing
Menkes
It’s all about
location
THE HOME BUILDERS’ ANNUAL 2016 43
S hopping for a new home is exciting, and with development across the Greater Toronto Area growing at an astronomical rate, it can also seem
overwhelming. On one hand, GTA purchasers are fortunate to have so many new home options to choose from; on the other, how do you zero in on the right choice for you?
Affordability tops most people’s lists, and knowing what you can afford before you shop is a big time-saver. Consult a mortgage representative to get pre-approved, and be sure you understand fully what is involved. Ask questions about rates, closing costs and property taxes. Then check with sales representatives as to whether the developers offer programs that make homeownership more attainable. At The Wyatt Condominiums in Regent Park, for example, Daniels is offering the First Home Boost, which enables qualified purchasers to “boost” their down payment from five to 15 per cent, interest- and payment-free.
When you shop, check the builder/developers’ reputations before signing on the dotted line, so you can buy with confidence. Look at previous communities they have built and research their reputations, especially for after-sales service and customer care.
Of course, location plays a major role in your decision. For those seeking an urban address, Toronto is called “the city of neighbourhoods” because of its diversity of vibrant communities with unique identities, cultures, history, architecture and lifestyles. A neighbourhood should “feel” like home, but keep in mind that practicality is also a consideration. Is access to public transportation and highways convenient? Are there good schools nearby? How about recreation and other amenities, and how long will your work commute be? Many new home buyers choose up-and-coming neighbourhoods, because over time as they develop, home values increase. Great examples are Regent Park, where Daniels is Toronto Community Housing’s development partner for the internationally recognized, award-winning revitalization, and Toronto’s East Bayfront, where we now offer Daniels Waterfront – City of the Arts.
We are seeing an interesting phenomenon among new home shoppers – the desire to live in master-planned, mixed-use communities where lifestyle aspects are clustered for convenience. In our Daniels Waterfront – City of the Arts and Daniels Erin Mills communities, residents can live, work and play right in the area. Being able to stroll to local amenities saves a lot of travel time, as well as gas money and wear and tear on vehicles. These cities-within-cities offer a special intimate connection to the surroundings, providing residents with a true sense of belonging.
Isn’t that what “home” is all about?
“Affordability tops most people’s lists, and knowing what you can
afford before you shop is a big time-saver. Consult a mortgage
representative to get pre-approved, and be sure you understand fully
what is involved.”
Simona AnnibaleVice-President, Marketing
The Daniels Corporation
Shop for maximum value
and convenience
Expert Panel
44 YPNEXTHOME.CA
Acorn Development Corporation3520 Pharmacy Ave., Suite 2Toronto, Ontario M1W 2T8416-499-4900 www.acornhomes.ca
Alliance Homes6048 Highway #9Schomberg, Ontario L0G 1T0905-761-7086 www.alliancehomes.ca
Alterra Group of CompaniesUnit 7Toronto, Ontario M4W 3C7416-964-1800 www.alterra.com
AMR Homes4305 Fairview St., Suite 216Burlington, Ontario L7L 6E6289-288-0295 www.amrhomes.ca
Andrin Ltd.26 Lesmill Rd., Suite 3Toronto, Ontario M3B 2T5416-733-3128 www.andrinhomes.com
Aragon Development (Ontario) Ltd.101 - 262 Carlaw Ave.Toronto, Ontario M4M 3L1416-531-6361 www.aragon.ca
Arista Homes600 Applewood Cres.Vaughan, Ontario L4K 4B4905-660-5000 www.aristahomes.com
Armour Heights Developments81 Zenway Blvd., Suite 24Vaughan, Ontario L4H 0S5905-303-7800 www.armourhd.com
Aspen Ridge Homes 29 Floral Pkwy.Concord, Ontario L4K 5C5905-669-9292 www.aspenridgehomes.com
…See ad on page 1 & IBC
Averton Homes 161 Pennsylvania Ave., Suite #5Vaughan, Ontario L4K 1C3416-740-5544 www.averton.ca
…See ad on page 27
B.G. Schickedanz Homes3100 Steeles Ave. W., Suite 500Vaughan, Ontario L4K 3R1905-695-1953 www.bgshomes.com
Bachly Construction557 Chartwell RoadOakville, Ontario L6J 4A8905-842-6663www.bachly.com
Baghai Development Ltd.678H Sheppard Avenue East Toronto, Ontario M2K 1B7416-449-5994 www.shanebaghai.ca
Ballantry Homes20 Cachet Wood Court., Suite 6Markham, Ontario L6C 3G1905-887-7100 www.ballantryhomes.com
Ballygarven Homes186 Matthew Boyd CrescentNewmarket, Ontario L3X 3C7905-853-2904 www.ballygarvenhomes.com
Ballymore Building Corporation12840 Yonge St., Suite 200Richmond Hill, Ontario L4E 4H1905-773-1048 www.ballymorehomes.com
Baycliffe Homes1 Ashbridge Circle, Suite 3CWoodbridge, Ontario L4L 3R5905-264-2229 www.baycliffehomes.com
Batavia Homes15 Mayfield Cres.Whitby, Ontario L1N 8P4905-493-1028 www.bataviahomes.ca
Baycrest Homes668 Millway Ave., Suite 10Concord, Ontario L4K 3V2905-326-3200
Bayview-Wellington Homes111 Creditstone Rd.Concord, Ontario L4K 1N3905 695 0661www.bwhomes.ca
Baywood Homes1140 Sheppard Ave. W., Suite 13Toronto, Ontario M3K 2A2416-633-7333 www.baywoodhomes.com
Beaverhall Homes40 Vogell Rd., Suite 17Richmond Hill, Ontario L4B 3N6905-770-9983 www.beaverhall.com
Belpark Homes160 Applewood Cres., Suite 29Concord, Ontario L4K 4H2905-760-0507
Bellport Homes115 Woodstream Blvd. Unit 13Woodbridge, Ontario L4L 8K5905-851-7893 www.bellporthomes.ca
Belsito Homes48 Pike Rd.Oakville, Ontario L6H 6C3905-257-6740 www.belsitohomes.ca
Berkley Homes20 Rivermede Rd., Suite 204Concord, Ontario L4K 3N3905-669-8399 www.berkleyhomes.ca
Berkshire Homes26 Lesmill Rd., Unit 1AToronto, Ontario M3B 2T5416-485-7860 www.berkshirenewhomes.com
Best Homes221 Helen Ave.Markham, Ontario L3R 1J7905-479-9600 www.besthomescanada.com
Boddy, John Developments409 Kingston Rd. W.Ajax, Ontario L1S 6L7905-428-1000 www.johnboddyhomes.com
46 YPNEXTHOME.CA
Bond Homes370 Queen St. S.Mississauga, Ontario L5M 1M2905-812-2172 www.bondhomes.ca
Bradley Homes2144 Taggart CourtInnisfil, Ontario L9S 0C4705-431-8859 www.bradleyhomes.ca
Brandy Lane Homes4580 Dufferin St., Suite 307Toronto, Ontario M3H 5Y2 416-636-4111 www.brandylanehomes.com
Branthaven Homes720 Oval Crt.Burlington, Ontario L7L 6A9905-333-8364 www.branthaven.com
Bremont Homes4908 Hwy 7, Vaughan, Ontario L4L 1S8905-266-1851 www.bremonthomes.com
Brenner Construction112 Jennifer Cres.Sharon, Ontario L0G 1V0905-478-2058
Briarwood Homes636 Edwards Avenue, Suite 14Richmond Hill, Ontario L4C 0V4905-737-4477 www.briarwoodhomes.com
Broadway Homes7501 Keele St., Suite 100Vaughan, Ontario L4K 1Y2905-761-8200 www.broadwayhomes.com
Brookfield Homes7303 Warden Ave., Suite 100Markham, Ontario L3R 5Y6905-477-5111 www.brookfieldhomes.ca
Brookstone Homes115 Sheppard Ave. W.Toronto, Ontario M2N 1M7416-222-0932 www.brookstonehomes.ca
Build Toronto Inc.200 King St. W., Suite 200Toronto, Ontario M5H 3T4416-981-3889 www.buildtoronto.ca
Cachet Estate Homes361 Connie Cres., Suite 200Concord, Ontario L4K 5R2905-764-1983 www.cachethomes.com
Cadorin Homes189 Maplehurst AvenueToronto, Ontario M2N 3C1416-782-6002 www.cadorinhomes.com
Caliber Homes51 Royson Rd., Suite 8Woodbridge, Ontario L4L 8P9905-264-0100 www.caliberhomes.ca
CanAlfa80 Lynn Williams St.Toronto, Ontario M6K 3R6416-537-2321 www.liveinliberty.com
Canvas Developments100 Strada Dr, Unit 1Vaughan, Ontario L4L 5V7905-264-8001www.canvasdevelopments.ca
Centra Homes125 Norfinch Drive, Suite 201Toronto, Ontario M3N 1W8 416-238-2404www.centra-homes.ca
Charleston Homes143 Dennis St., P.O. Box 760Rockwood, Ontario N0B 2K0519-856-4054 www.charlestonhomes.ca
Chateau Fine Homes94 Brockport Dr.Etobicoke, Ontario M9W 5C5416-201-9912
Chestnut Hill Homes150 Ferrand Dr., Suite 801Toronto, Ontario M3C 3E5416-649-4457www.chestnuthilldevelopments.com
Christina Homes85 Kilkenny TrailBradford, Ontario L3Z 5C5905-778-1600 www.christinahomesltd.com
City Homes1333 Boundary Rd., Suite 4-AOshawa, Ontario L1J 6Z7905-723-2815 www.mycityhome.ca
Clemmensen & Associates Ltd.17 Oakland Ave.Weston, Ontario M9M 2H9416-747-6266
Colewood Construction313 Horner Ave.Toronto, Ontario M8W 1Z5416-251-3486
Consar Development Inc 725 10th LineCollingwood, Ontario L9Y 5H4705-503-1881
Conservatory Group90 Tiverton Crt. Suite 200Markham, Ontario L3R 9V2905-477-7609 www.conservatorygroup.ca
Coram Construction200 Ronson Dr., Suite 305Etobicoke, Ontario M9W 5Z9416-243-9019 www.coram.com
Coscorp Inc.6625 Kitimat Rd., Suite 58 Mississauga, Ontario L5N 6J1 905-821-3666 www.cosCorporation.ca
Cosmopolitan Homes120 West Beaver Creek Rd Richmond Hill, Ontario L4B 1L2905-762-1800 www.cosmopolitanhomes.ca
Coughlan Homes2700 Audley Rd. N.Ajax, Ontario L1Z 1X4905-427-7703 www.coughlanhomes.com
THE HOME BUILDERS’ ANNUAL 2016 47
Country Glen Homes4000 Steeles Ave. W., Suite 203Woodbridge, Ontario L4L 4V9905-851-9367
Country Homes111 Strada DriveWoodbridge, Ontario L4L 5V9416-213-7191 www.countryhomes.ca
CountryWide Homes1500 Hwy. 7Concord, Ontario L4K 5Y4905-907-1500 www.countrywidehomes.ca
Coventry Homes73 Railside Rd Unit 7Toronto, Ontario M3A 1B2416-385-3648
Crystal Glen Homes8740 Jane St, Unit 1 & 2Concord, Ontario L4K 0E7905-597-0227www.crystalglenhomes.com
Dalerose Country64 Broadway Ave.Orangeville, Ontario L9W 1J9519-938-8417 www.dalerosehomes.ca
Daniels Corporation, The 20 Queen St. W., Suite 3400Toronto, Ontario M5H 3R3416-598-2129 www.danielshomes.ca
…See ad on page 20
Darcel Developers 3625 Dufferin St., Suite 105North York, Ontario M3K 1Z2416-638-3111
Dawn Victoria Homes1550 Yorkton Court, Unit 18Burlington, Ontario L7P 5B7905-637-1777 www.dawnvictoria.ca
Decade Group1806 Avenue Road, Suite 2Toronto, Ontario M5M 3Z1416-781-0623 www.decadegroup.ca
Delco Management Group100 York Boulevard suite 401Richmond Hill, Ontario L4B 1J8905-709-3200
Delmark Homes389 Disette Street, Unit 1Bradford, Ontario L3Z 3G9905-775-5033 www.delmarkhomes.com
Delpark Homes8888 Keele St Unit 13-14 Concord, Ontario L4K 2N2 416-309-2009 www.delparkhomes.ca
DelRidge Homes7800 Kennedy Rd., Suite 102Markham, Ontario L3R 2C7905-479-5448 www.delridgehomes.com
Democrat Homes155 Romina Dr.Thornhill, Ontario L4K 4Z9905-532-9230 www.democrathomes.com
DeNoble Homes600 Euclid St., Suite 5Whitby, Ontario L1N 5C2905-444-9668 www.denoblehomes.com
Desini Fine Homes20 Craighurst Ave.Toronto, Ontario M4R 1J8416-238-1254 www.desini.ca
Desousa Homes1122 Brock St. S.Whitby, Ontario L1N 4L9905-668-2331 www.desousahomes.com
Devonleigh HomesP.O. Box 70, Stn AOrangeville, Ontario L9W 2Z5519-942-3311 www.devonleighhomes.com
DeZen Homes23 Windsor St.Etobicoke, Ontario M8Y 2V9416-255-0890 www.dezenhomes.com
Diam Developments199 Advanced Blvd. Suite 212 Brampton, Ontario L6T4N2905-497-6993www.diam.ca
Di Battista Gambin Developments1090 Dundas St. E., Suite 201Mississauga, Ontario L4Y 2B8905-615-0300
Di Blasio Homes6620 Rothschild TrailMississauga, Ontario L5W 0A6905-565-9844 www.diblasiohomes.com
Dorsay Development Corporation150 York St., Suite 1701Toronto, Ontario M5H 3S5416-368-1460 www.dorsay.ca
Double Oak Homes2121 Olde Baseline Rd.Caledon, Ontario L7C 0K7905-838-0550
Dreamland Homes1310 Kerrisdale Blvd., Suite 100Newmarket, Ontario L3Y 8V6905-657-4663 www.dreamlandhomes.ca
Dunbury Homes325 Denison St.Markham, Ontario L3R 1B5905-474-3600 www.dunburyhomes.com
Dunpar Developments105 Six Point Rd.Etobicoke, Ontario M8Z 2X3416-236-9800 www.dunparhomes.com
Dunsire Developments54-5100 South Service RdBurlington, Ontario L7L 6A51-888-519-2346 www.dunsire.com
Eaglebay Estates163 Buttermill Ave., Suite 9Concord, Ontario L4K 3X8905-660-5471 www.eaglebayestates.com
48 YPNEXTHOME.CA
Eden Oak1443 HurOntario St.Mississauga, Ontario L5G 3H5905-274-5500 www.edenoak.com
Eldin Building Corporation30 Wertheim Crt., Building A, Unit 3Richmond Hill, Ontario L4B 1B9905-731-5069
Elm Development Corporation1931 Highway 7,Concord, Ontario L4K 1V5905-709-8232 www.elmdevelopments.com
Emer Developments5 Silver Springs Cres.Uxbridge, Ontario L9P 1R4905-852-3129 www.emerdevelopments.com
Emery Homes620 Wilson Ave., Suite 350Toronto, Ontario M3K 1Z3416-636-7200
Empire Communities125 Villarboit Cres.Vaughan, Ontario L4K 4K2905-307-8102 www.empirecommunities.com
Emsatec Canada Inc.940 Lansdowne Avenue, Suite 101Toronto, Ontario M6H 3Z4416.483.1066
Erin Mills Development Corp.#11 - 3500 Ridgeway DriveMississauga, Ontario L5L 0B4905-820-4200www.erinmillsdevelopment.com
Esquire Homes145 Royal Crest Crt., Unit 20Markham, Ontario L3R 9Z4 905-415-1880 www.esquirehomes.ca
Fairglen Homes10148 Warden Ave.Markham, Ontario L6C 1N3905-887-4818 www.fairglenhomes.com
Fairgate HomesP.O. Box 370Stouffville, Ontario L4A 7Z6905-642-1600 www.fairgatehomes.com
Falconcrest Homes955 Wilson Ave., Unit 1Toronto, Ontario M3K 2A8416-638-5980 www.falconcresthomes.com
Fandor Homes68 Romina Dr.Concord, Ontario L4K 4Z7905-669-5820 www.fandorhomes.com
Farsight Homes117 Ringwood Drive Unit 18Stouffville, Ontario L4A 8C1905-642-8383 www.farsight.ca
Flato Group Inc.3621 Highway 7 East, Suite 503Markham, Ontario L3R 0G6905-479-9292 www.flatogroup.com
Fernbrook Homes2220 Hwy. 7 W., Unit 5Concord, Ontario L4K 1W7416-667-0447 www.fernbrookhomes.com
Fieldgate Homes 5400 Yonge St., Second FloorToronto, Ontario M2N 5R5416-227-2220 www.fieldgatehomes.com
…See ad on page 1
Fifthshire Homes241 Applewood Cres., Suite 3Concord, Ontario L4K 4E6905-660-7415 www.fifthshire.com
Firstview Homes81 Zenway Blvd unit 14Vaughan, Ontario L4H 0R6905-850-0022 www.firstview.ca
Forest Green Homes5332 Hwy. 7, Second FloorWoodbridge, Ontario L4L 1T3905-850-8500 www.forestgreenhomes.com
Forest Hill Homes2700 Dufferin St., Suite 34Toronto, Ontario M6B 4J3416-787-0256 www.foresthillhomes.ca
Fourteen Estates Custom Home Builders 513 Westney S Unit #4Pickering, Ontario L1S 6W8905-427-0390 www.fourteenestates.com
Frantom Homes396 Chrislea Rd.Woodbridge, Ontario L4L 8A8905-265-0540 www.frantomhomes.com
Frederick G. Reynolds Group2 Marina DriveBobcaygeon, Ontario K0M 1A0705-738-5555 www.port32.com
Garden Homes35 West Pearce St., Unit 9Richmond Hill, Ontario L4B 3A9905-882-2320 www.gardenhomes.ca
Generation Homes10034 Keele St.Maple, Ontario L6A 0J6416-748-0098 www.generationhomes.ca
Genesis Homes1 Yorkdale Rd., Suite 214Toronto, Ontario M6A 3A1416-229-9757 www.genesishomes.ca
Georgian Corporation1175 Meyerside Dr., Suite 2Mississauga, Ontario L5T-1H3905-405-7272 www.georgiangroup.com
Georgian International85 Bayfield Street, Suite 500Barrie, Ontario L4M 3A7705-730-5900 www.georgianinternational.com
Geranium Corporation3190 Steeles Ave. E., Suite 300Markham, Ontario L3R 1G9905-477-1177 www.geraniumhomes.com
THE HOME BUILDERS’ ANNUAL 2016 49
Glen Orchard Homes6415 Northwest Dr., Suite 4Mississauga, Ontario L4V 1X1905-677-7207 www.glenorchardhomes.com
Glen Rouge Homes2061 McCowan Rd., Suite 203Scarborough, Ontario M1S 3Y6416-282-2296 www.glenrougehomes.com
Gold Park Homes3300 Hwy. 7, Suite 400Concord, Ontario L4K 4M3905-760-9595 www.goldparkhomes.com
Goldribbon Homes5400 Yonge St., Suite 300Toronto, Ontario M2N 5R5416-623-1321 www.goldribbonhomes.com
Golfvest Communities56 Aberfoyle Cres., Suite 500Toronto, Ontario M8X 2W4416-248-6206 www.golfvest.com
Grajen Homes42 Roosevelt Dr.Richmond Hill, Ontario L4C 6V4905-881-5885www.grajenhomes.com
Great Gulf 3751 Victoria Park Ave.Toronto, Ontario M1W 3Z4416-449-1340 www.greatgulf.com
…See ad on page 11
Greenfield Quality Builders Inc.132 Gorman Park Rd.Toronto, Ontario M3H 3K9416-226-1020 www.gqbhomes.com
Greenland Group Canada77 King St W,Toronto, Ontario M5K 2A1416-640-0606
Greenleaf Inv. Corporation620 Wilson Ave., Suite 330Toronto, Ontario M3K 1Z3416-781-9101
Green Group399-A Spadina Ave., Suite 1Toronto, Ontario M5T 2G6416-598-2811
Greenpark Homes8700 Dufferin St.Vaughan, Ontario L4K 4S6416-661-5329 www.greenparkhomes.com
Greenvilla Homes390 Edgeley Blvd.Vaughan, Ontario L4K3Z6905-761-8899 www.greenvillahomes.com
Gregor Homes120 Clapperton St.Barrie, Ontario L4M 3G4705-721-3354 www.gregorhomes.com
Greystone Homes12830 Yonge St., Suite 202Richmond Hill, Ontario L4E 4H1905-313-0455 www.greystonehomes.ca
Habitat for Humanity Toronto155 Bermondsey RdToronto, Ontario M4A 1X9416-755-7353 www.torontohabitat.on.ca
Halminen Homes1748 Baseline Rd. W. Suite 100Courtice, Ontario L1E 2T1905-436-2600 www.halminenhomes.com
Heathwood Group of Companies245 Yorkland Blvd., Suite 100Toronto, Ontario M2J 4W9416-490-1400 www.heathwood.com
Highcastle Homes7600 Hwy. 27, Unit 1Woodbridge, Ontario L4H 0P8905-264-5565 www.highcastlehomes.com
Highmark Homes9000 Keele St., Unit 13Concord, Ontario L4K 0B3905-760-2631 www.highmarkhomes.ca
Honeyfield Communities333 Humberline Dr.Toronto, Ontario M9W 5X3416-675-4174 www.honeyfield.ca
Huntingwood Developments152 Dalemount Ave.Toronto, Ontario M6B 3C9416-398-4552
Hush Communities75 International Blvd, Suite 400Toronto, Ontario M9W 6L9416-987-6500 www.hush.ca
Hyde Park Homes7 King St. E., Suite 911Toronto, Ontario M5C 3C5416-306-2283 www.hydeparkhomes.com
Icon Homes70 Don Park Road, Unit 15Markham, Ontario L3R1G4905-470-0003 www.iconhomes.com
Insoho Developments35 Alvin Ave.Toronto, Ontario M4T 2A7416-920-8880 www.insohodevelopments.com
Infinity Developments2275 Upper Middle Road East, Suite 101Oakville, Ontario L6H0C3647-933-8873www.infinitydevelopment.ca
Jeffery Homes1200 Airport Blvd., Suite 201Oshawa, Ontario L1J 8P5905-433-4701 www.jefferyhomes.com
Jourdan Group Inc.9 Woodlawn Ave. E.Toronto, Ontario M4T 1B9416-920-0111
Kaitlin Group Ltd.28 Sandiford Dr., Suite 201Stouffville, Ontario L4A 1L8905-642-7050 www.kaitlingroup.com
50 YPNEXTHOME.CA
Kaneff Properties Ltd.8501 Mississauga Rd., Suite 200Brampton, Ontario L6Y 5G8905-454-0221 www.kaneff.com
Kantium Development & Construction279 Sheppard Avenue West Toronto, Ontario M2N 1N5416-915-0592 www.kantium.ca
Karvon Homes11 Sims Cres., Unit BRichmond Hill, Ontario L4B 1C9905-764-1900 www.karvonhomes.com
Kerbel Group Inc.26 Lesmill Rd., Suite 3Toronto, Ontario M3B 2T5416-733-2202
Kylemore Communities9980 Kennedy Rd, Suite 200Markham, Ontario L6C 0M4 905-887-5799 www.kylemorecommunities.com
LSJ Homes95 Barber Greene Rd., Suite 305Don Mills, Ontario M3C 2A2416-445-9920
Lakeview Homes200 Bridgeland Ave.Toronto, Ontario M6A 1Z4416-785-8172 www.lakeviewhomesinc.com
Lancaster Homes9251 Yonge St., Suite 306Richmond Hill, Ontario L4C 9T3905-731-6099 www.lancasterhomes.ca
Lanterna Group Ltd.25 Scarsdale Road Unit 7North York, Ontario M3B 2R2 416-665-2020 www.lanterna.ca
Laurel View Homes4001 Chesswood Dr.North York, Ontario M3J 2R8416-635-6663 www.laurelviewhomes.com
Laurier Homes150 Connie Cres., Suite 4Concord, Ontario L4K 1L9905-738-2009 www.laurierhomes.com
Lavandale Homes2901 Bayview Avenue PO Box 91075 Bayview Village Willowdale, Ontario M2K 2Y6416-603-7111 www.lavendalehomes.com
Lebovic EnterprisesP.O. Box 1240Stouffville, Ontario L4A 8A2905-640-7361 www.lebovichomes.com
Legend Homes Inc.482 South Service Road East Unit #105 Oakville, Ontario L6K 2X6905-849-1234 www.legendhomes.net
Lexis-Bayview Developments255 Duncan Mill Rd., Suite 202North York, Ontario M3B 3H9416-449-7501
Liberty Home Group161 Pennsylvania Ave., Suite 4Concord, Ontario L4K 1C3905-761-6000 www.libertyhomegroup.com
Lindvest 3625 Dufferin Street, Suite 200 Toronto, Ontario M3K 1Z2416-635-7575 www.lindvest.com
…See ad on page 35
Liza Communities30 Wertheim Crt., Suite 9Richmond Hill, Ontario L4B 1B9905-881-1026 www.lizacommunities.com
Logan Homes2 Risebrough Ave. Toronto, Ontario M2M 2E1416-222-6118 www.loganhomeslimited.com
Lormel Homes331 Cityview Blvd., Suite 300Vaughan, Ontario L4H 3M3905-832-2023 www.lormelhomes.com
Luvian Homes1001 St. John’s SideroadAurora, Ontario L4G 7Y3905-727-9090www.luvianhomes.com
MacPherson Builders Ltd.40 West Wilmot Street, Unit 6Richmond Hill, Ontario L4B 1H8905-882-8000 www.macphersonbuilders.com
Madison Homes369 Rimrock Rd.Toronto, Ontario M3J 3G2416-661-4000 www.madisonhomes.ca
Mancini Homes452 Nineteenth AvenueRichmond Hill, Ontario L4E 3P7905-773-9997 www.mancinihomes.ca
Mariposa Homes650 Harvie Settlement Road Orillia, Ontario L3V 6H2705-329-3330 www.mariposahomes.ca
Markay Homes1176 Burnamthorpe Road WestOakville, Ontario L6M 4L1905-257-1220 www.markayhomes.com
Marshall Homes1817 Fairport Rd.,Pickering, Ontario L1V 1T2905-683-0050 www.marshallhomes.ca
MaryDel Homes100 Caster AvenueWoodbridge, Ontario L4L 5Y9905-264-5564www.marydelhomes.com
Mason Homes30 Pennsylvania Ave., Suite 6Concord, Ontario L4K 4A5905-761-2050 www.masonhomes.ca
Matanda Homes31 Brimwood Cres.Richmond Hill, Ontario L4B 4B6416-823-4930
THE HOME BUILDERS’ ANNUAL 2016 51
Mattamy Homes 7880 Keele Street, Suite 500Oakville, Ontario L6H 6M5905-829-2424 www.mattamyhomes.com
…See ad on back cover
Medallion Developments970 Lawrence Ave. W., Suite 304Toronto, Ontario M6A 3B6416-256-3900 www.medalliondevelopments.com
Melody Homes40 Bradwick Dr., Unit 22Concord, Ontario L4K 1K9905-660-6266 www.melodyhomes.com
Menkes Developments 4711 Yonge St., Suite 1400Toronto, Ontario M2N 7E4416-491-2222 www.menkes.com
…See ad on page 16
Meridian Homes1051 Meyerside Drive Unit 11Mississauga, Ontario L5T 1J6905-565-7417 www.meridanhomes.ca
Minto Communities500-90 Sheppard Ave EastToronto, Ontario M2N 3A1416-977-0777 www.minto.com
Moldenhauer Lifestyles1554 Dundas St, E, 2nd FloorMississauga, Ontario L4X 1L4416-410-5051 www.moldenhauer.ca
Monmar Developments333 Humberline Dr. Toronto, Ontario M9W 5X3416-675-4174 www.honeyfield.ca
Montevallo Developments Limited940 Lansdowne Ave. Bldg.15, Suite 101Toronto, Ontario M6H 3Z4416-250-0224
Mosaik Homes8800 Jane St.Concord, Ontario L4K 2M9905-738-6444 www.mosaikhomes.com
National Homes291 Edgeley Blvd., Suite 1Concord, Ontario L4K 3Z4905-669-9199 www.nationalhomes.com
New Age Homes150 Jolliffe Ave.Rockwood, Ontario N0B 2K0519-856-2469
New Era HomesP.O. Box 215Newmarket, Ontario L3Y 4X1905-778-1818
Noik Group3410 Sheppard Ave. E., Suite 300Toronto, Ontario M1T 3P4416-291-6665 www.noikhomes.com
Norstar Building Corporation7077 Keele St., Suite 102 Concord, Ontario L4K 0B6905-738-0754 www.norstarcompanies.com
North Star Homes361 Four Valley Dr.Concord, Ontario L4K 5Z3905-761-1320 www.northstarhomesinc.com
Opus Homes331 Cityview Boulevard, Suite 201Vaughan, Ontario L4H 3M3905-832-2522 www.opushomes.com
Orchard Ridge Homes3700 Steeles Ave. W., Suite 800Woodbridge, Ontario L4L 8M9905-850-6154 www.orchardridgehomes.com
Orchid Valley Homes165 Charlotte St. S., Suite BNewmarket, Ontario L3Y 3S7905-898-2623
Oskar Group3660 Midland Avenue, Suite 200Toronto, Ontario M1V 0B8416.293.9588 x 511 www.oskargroup.com
Oxnard Homes9140 Leslie St., Unit 210Richmond Hill, Ontario L4B 0A9905-762-9200 www.oxnardhomes.com
Pace Developments30 Wertheim Court, Unit 3, Bldg A Richmond Hill, Ontario L4B 1B9905-731-5069
PCM Construction1020 Matheson Blvd. E., Unit 16Mississauga, Ontario L4W 4J9905-625-6666 www.pcmconstruction.com
Pacific Homes3730 Trans Canada Hwy, PO Box 70Cobble Hill, BC V0R 1L01-800-667-3511www.pacific-homes.com
Paradise Developments625 Cochrane Dr., Suite 801Markham, Ontario L3R 9R9905-940-2933 www.paradisedevelopments.com
Parkbridge Lifestyle Communities690 River Rd. W.Wasaga Beach, Ontario L9Z 2P1705-429-8559 www.parkbridge.ca
Park Avenue Homes2 Farr Ave., Unit BSharon, Ontario L0G 1V0905-589-7275 www.pahomes.ca
Parkview Homes637 The Queensway, Suite 17Peterborough, Ontario K9J 7J6705-741-1281 www.parkviewhomes.ca
Peak Garden Developments18 Crown Steel Dr., Suite 213Markham, Ontario L3R 9X8905-940-3339 www.peakgarden.com
Pemberton Group50 Confederation Pkwy.Concord, Ontario L4K 4T8905-326-4100 www.pembertongroup.com
52 YPNEXTHOME.CA
Picture Homes180 Jardin Dr., Suite 8Concord, Ontario L4K 1X8905-760-0404 www.picturehomesonline.com
Poetry Living Mayfair Construction71 Buttermill Avenue Vaughan, Ontario L4K 3X2905-738-6671www.poetryliving.com
Pratt Development Inc.301 King St.Barrie, Ontario L4N 6B5 705-792-3883 www.pratthomes.ca
Presidential Homes27 Paxtonia Blvd., Suite 1North York, Ontario M3K 1V9416-636-3634
Prestonvale Heights Ltd.11 Curity Ave.Toronto, Ontario M4B 1X4416-429-0969 www.prestongroup.ca
Preston Group, The 11 Curity Ave.Toronto, Ontario M4B 1X4416-429-0969 www.prestongroup.ca
Previn Court Homes230 King Street South, Alliston, Ontario L9R 1C1 705-302-3235 www.previncourt.com
Primont Homes9130 Leslie Street, Suite 301Richmond Hill, Ontario L4B 0B9905-770-7002www.primonthomes.com
Pristine Homes242 Applewood Crescent Unit 2Concord, Ontario L4K 4E5905-738-4994 www.pristinehomes.ca
Queenscorp Group2 Queen Elizabeth Blvd.Toronto, Ontario M8Z 1L8416-253-6909 www.queensCorporation.com
Queensgate Homes3800 Steeles Ave. W., Suite 400 West BuildingWoodbridge, Ontario L4L 4G9905-264-0600 www.queensgatehomes.com
Quintessa Homes10995 HWY # 27Kleinburg, Ontario L0J 1C0905-893-1988 www.quintessa.ca
Ramtin Sotoadeh Homes23 Lesmill Rd, Suite 110Toronto, Ontario M3B-3P6416-480-0282 www.rshomes.ca
Raymac HomesP.O Box 1040, Thornton, Ontario L0L 2N0905-775-0330
RedBerry Homes5 Princess Point Dr. Wasaga Beach, Ontario L9Z 3C3705-428-5115 www.redberryhomes.com
Regal Crest Homes171 Basaltic Rd., Unit 1Concord, Ontario L4K 1G4905-669-5003 www.regalcresthomes.com
RegalCraft Homes6991 Millcreek Dr., Unit 12Mississauga, Ontario L5N 5B9905-814-9800 www.regalcrafthomes.com
Regency Heights Homes151 Spinnaker Way, Suite 5Concord, Ontario L4K 4C3905-738-4709 www.regencyheightshomes.com
Remington Homes7501 Keele St., Suite 100Vaughan, Ontario L4K 1Y2905-761-8200 www.remingtonhomes.com
Ristic Homes6 McKelvey Dr.Thornhill, Ontario L3T 5X7905-886-8707 www.ristichomes.com
Rivera Home Builders1681 Langstaff Road, #1Vaughan, Ontario L4K 5T3905-326-6138 www.treasurehill.com
Riverfield Homes110 Trowers Rd.Woodbridge, Ontario L4L 5Z4905-850-9550 www.riverfield.com
Rivermill Homes14 Connie Cres., Suite 17Concord, Ontario L4K 2W8905-761-9465 www.rivermillhomes.com
Robynwood Homes371 Bradwick Dr., Suite 8Concord, Ontario L4K 2P4905-660-8720 www.robynwoodhomes.com
Rockport Group170 The Donway West, Suite 307North York, Ontario M3C 2G3416-444-7391 www.rockportgroup.net
Rodeo Fine Homes70 Gibson Dr., Unit 13Markham, Ontario L3R 4C2905-475-7893 www.rodeofinehomes.com
Rose Valley Homes115 Woodstream Blvd., Unit 13Woodbridge, Ontario L4L 8K5905-851-6402 www.rosevalleyhomes.com
Rosehaven Homes 145 Reynolds St., Suite 300Oakville, Ontario L6J 0A7905-849-1166 www.rosehavenhomes.com
…See ad on page 23
Royal Lane Homes620 Wilson Ave., Suite 202Toronto, Ontario M3K 1Z3416-630-5263 www.royallanehomes.com
Royal Park Homes65 Royalpark WayWoodbridge, Ontario L4H 1J5416-736-8635www.royalpark.com
THE HOME BUILDERS’ ANNUAL 2016 53
Royal Pine Homes3550 Langstaff Rd., Suite 200Woodbridge, Ontario L4L 9G3416-213-7181www.royalpinehomes.com
Royalcliff Homes100 Regina Rd., Unit 3Woodbridge, Ontario L4L 8M7905-265-1611 www.royalcliffhomes.com
Running Brook Homes173 Foxhill Dr.Maple, Ontario L6A 1J9905-417-6516
Saberwood Homes40 Snidercroft Road. Unit 1Vaughan, Ontario L4K 0B5905-761-8690 www.saberwoodhomes.com
Schickedanz Brothers Ltd.3311 Bayview Ave., Suite 105Willowdale, Ontario M2K 1G4416-223-0710 www.schickedanzbros.com
Senarra Homes1090 Aerowood Dr., Unit 1Mississauga, Ontario L4W 1Y5866-624-8668 www.senarra.com
Senator Homes250 Lesmill Rd.North York, Ontario M3B 2T5416-445-8552 www.senatorhomes.com
Sentex Development Inc.55 St. Clair Ave. W., Suite 205Toronto, Ontario M4V 2Y7416-636-8596 www.sentexdev.com
Sequoia Grove Homes8611 Weston Rd., Suite 18Vaughan, Ontario L4L 9P1905-265-0455 www.sequoiagrovehomes.com
Sierra Homes156 Duncan Mill Road, Unit 23A Toronto, Ontario M3B 3N2416-642-0032www.sierra.ca
Silver Streams Homes103 Naughton Dr.Richmond Hill, Ontario L4C 8B3905-508-7186 www.silverstreamshomes.com
Sky Homes3300 Steeles Ave. W., Suite 9Vaughan, Ontario L4K 2Y4416-663-9334 www.skyhomes.ca
Solmar Development Corporation122 Romina Dr.Concord, Ontario L4K 4Z7905-660-9222 www.solmar.ca
Somerset Construction Ltd.4 De Quincy Blvd.North York, Ontario M3H 1Y5416-638-8664www.somersetconstruction.ca
Spring Town Homes1415 Bonhill Rd., Suite 1Mississauga, Ontario L5T 1R2905-670-6666 www.springtown.com
Stafford Homes55 St. Clair Ave. W., Suite 408Toronto, Ontario M4V 2Y7416-461-6100 www.staffordhomes.ca
Stanford Homes40 Vogel Rd., Suite 1Richmond Hill, Ontario L4B 3N6905-780-9610 www.stanfordhomes.ca
Starcrest Homes217 Queen’s Plate Dr., Unit DToronto, Ontario M9W 6Z7416-746-9555 www.starcresthomes.ca
Starlane Home Corporation8600 Dufferin St.Vaughan, Ontario L4K 5P5416-736-8854 www.starlanehomes.com
Stateview Homes410 Chrislea Rd. Unit 16Woodbridge, Ontario L4L 8B5905.851.1849 www.stateviewhomes.com
Sterling Homes20 Rivermede Road, Suite 204Concord, Ontario L4K 3N3905-669-5552
Stonebridge Building Group Inc.2458 Dundas St. W. Unit #9Mississauga, Ontario L5K 1R8905-823-2615
Storybook Homes27-1300 King St. E., Box 229Oshawa, Ontario L1H 8J4905-438-9516 www.storybookhomes.ca
Summerhill Homes20 Wertheim Crt., Suite 17Richmond Hill, Ontario L4B 3H7905-886-6900 www.homesbysummerhill.com
Summit View Homes1 West Pearce Street, Suite 111Richmond Hill, Ontario L4B 3K3905-886-8287 www.summitviewhomes.com
Sundance Development Corporation3190 Steeles Ave. E., Suite 304Markham, Ontario L3R 1G9905-307-2220 www.sundancehome.com
Sundial Homes4576 Yonge St., Suite 500Toronto, Ontario M2N 6N4416-224-1200 www.sundialhomes.com
Sunfield Homes120 Whitmore Rd., Unit 8, Suite 800Woodbridge, Ontario L4L 6A5905-851-2424 www.sunfieldhomes.com
Sunrise Homes50 West Wilmont Street, Suite 100Richmond Hill, Ontario L4B 1M5905-597-3333www.sunrisehomes.ca
Sunvale Homes200 Lakeview Court, Unit 2,Orangeville, Ontario L9W 5J7519-341-6443 x100 www.sunvalehomes.com
54 YPNEXTHOME.CA
Terra Brook Homes241 Applewood Cres., Unit 3Concord, Ontario L4K 4E6905-660-7417 www.terrabrookhomes.ca
Thomas Feeley Construction371 Bradwick Dr., Suite 8Concord, Ontario L4K 2P4416-281-9304
Thornridge Homes225 Bradwick Dr., Unit 18Concord, Ontario L4K 1K7905-669-4483 www.thornridgehomes.com
Tibro Developments11 The Bridle Path North York, Ontario M2L 1C9647-426-3415
Tice River Estates Inc.1919 Albion Rd.Toronto, Ontario M9W 5S8416-674-5717
Tiffany Park Homes601 Magnetic Dr., Unit 1 & 2North York, Ontario M3J 3J2416-665-8880 www.tiffanyparkhomes.com
Times Group Corporation3985 Hwy 7 East, Suite #202Markham, Ontario L3R 2A2905-940-6286www.timesgroupcorp.com
Toma Valley Homes8707 Dufferin Street, Suite 324Vaughan, Ontario L4J 0A6888-847-8662www.tomavalleyhomes.ca
Touchstone Homes15 Lesmill Rd., Suite 1 North York, Ontario M3B 2T3416-798-7220 www.mytouchstonehome.com
Townwood Homes1 Bradwick Dr., Suite 1Concord, Ontario L4K 2T4905-669-1615 www.townwoodhomes.com
Treasure Hill Homes 1681 Langstaff Road, Unit 1Vaughan, Ontario L4K 5T3 416-987-5500 www.treasurehill.com
…See ad on page 31
Trevcor Management Inc.11 Cidermill Ave., Suite 200Vaughan, Ontario L4K 4B6416-398-0771 www.trevcor.com
Tribute Communities1815 Ironstone Manor, Unit 1Pickering, Ontario L1W 3W9905-839-3500 www.tributecommunities.com
Vandyk Group of Companies1944 Fowler DriveMississauga, Ontario L5K 0A1905-823-4606 www.vandyk.com
Verdiroc Development Corporation19 Lesmill Road, Suite 101Toronto, Ontario M3B 2T3416-486-4270 www.verdiroc.com
Victoria Wood Development Corporation8500 Leslie St., Suite 210 Thornhill, Ontario L3T 7M8905-889-5510
Vogue Development Group Inc.1118 Centre St.Thornhill, Ontario L4J 7R9905-886-8500 www.voguegroup.com
Walden Homes250 Eglinton Avenue West, Suite 252Toronto, Ontario M4R 1A7416-487-2300 www.waldenhomes.ca
Weldan Properties Inc.2212 Oneida Crt.Mississauga, Ontario L5C 1V6905-281-8579 www.weldanproperties.com
Windemere Heights Homes130 LePage Crt., Suite 15 Toronto, Ontario M3J 3J1416-630-1500 www.windemerehomes.ca
Winzen Homes30 Algie Ave.Toronto, Ontario M8Z 5J8416-253-5900 www.winzen.ca
Wycliffe Group Ltd.34 Doncaster Ave., Suite 201Thornhill, Ontario L3T 4S1905-881-3040 www.wycliffehomes.com
Yorkwood Homes95 Barber Greene Road, Suite 302Don Mills, Ontario M3C 3E9416.449.6350 www.yorkwoodhomes.com
Your Home Developments4965 Steeles Ave W.North York, Ontario M9L 1R4416-745-6686 www.yourhomedevelopments.com
Zancor Homes137 Bowes Rd.Concord, Ontario L4K 1H3905-738-7010 www.zancorhomes.com
Zoran Properties Inc.940 The East Mall, Suite 303Toronto, Ontario M9B 6J7416-620-5696 www.zoranproperties.com
THE HOME BUILDERS’ ANNUAL 2016 55
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.
Mortgage Advice
The 5 worst mortgage mistakes you can make
NOW THAT YOU’VE DECIDED TO BUY A HOME, THERE ARE NUMEROUS steps in the process you’ll have to follow. When it comes to getting a mortgage, it could cost you in the long run if you make a mistake or two.
To help you save money and avoid potential problems down the road, here are some mistakes you should avoid:
1. Not knowing your credit score/ratingLenders love borrowers with a good credit rating. They’re often the ones who pay their bills on time, don’t use a large percentage of their available credit, and have different types of credit, such as a credit card, car loan, and line of credit. If you have good credit, you should be able to qualify for the best mortgage rates. But if you have bad credit, expect to get a mortgage with a higher interest rate. Not sure of what your rating is? You can get your credit score from Equifax or TransUnion.
2. Not being pre-approved for a mortgageIf you’ve been looking at properties for a while, you might suddenly find the perfect home. But it’s possible you won’t be able to afford the place. That’s why it’s best to get pre-approved for a mortgage so you’ll know how much you can afford. Many lenders will guarantee your pre-approved rate for a period of between 60 and 120 days. That’ll give you time to find a property in your price range.
3. Not shopping around a mortgageIf you think you’ll get rewarded with the lowest rate from your financial institution because you’ve been a loyal customer for a number of years, think again. Your institution may not have the best rate while a rival across the street might have a lower rate. You should do some comparison shopping on a site like RateHub.ca before getting a mortgage. You can
also hire a mortgage broker who can do all the legwork at no cost to you.
4. Not making more paymentsNo one really likes to carry a large mortgage. Typically, mortgage payments are made on a monthly basis but there are ways to pay it off faster by using accelerated biweekly payments. For example, if you have a $400,000 mortgage with a 25-year amortization and make monthly payments, your mortgage won’t be paid off until 2041. We used RateHub’s mortgage payment calculator and found if you make accelerated payments, you’d pay off your mortgage nearly three years earlier and save about $15,000 in interest. Also, most lenders allow you to make lump-sum payments, which will let you pay your mortgage down faster and save you thousands of dollars in interest.
5. Not preparing for extra costsBuying a home can end up costing a lot more than you’d expect. First, there are closing costs, which include legal fees, title insurance and the land transfer tax. You might also need to reimburse the seller for the property taxes and utility bills they’ve already paid. These costs will add up to from anywhere between 1.5 and four per cent of the property’s purchase price.
56 YPNEXTHOME.CA
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MATTAMY CREATES PLACES PEOPLE LOVE TO CALL HOME
Since 1978, Mattamy has built over 70,000 homes in hundreds of communities that people love to live in.
Our success is built upon fulfi lling the real needs and hopes of all our homeowners. How? We obsess over
every single home- & fl oor-plan. And only after we fully research what our customers will fi nd indispensable.
Like more open, bright, and usable spaces. And fresh-faced, friendly communities each designed with
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MATGTA - Builder Annual_Back Cover Due: 24/02/2016
File Name: MATGTA-Builder Annual_BC_Mag Publication: YP NEXT HOME
Trim: 8” x 10.5” Safety/V.O.: .375” DPI: 300
Bleed: 0.25” Colours: CMYK Built: 23/02/2016 - JND
MATGTA-Builder Annual_BC_Mag.indd 1 2016-02-23 1:52 PM