southwestern ontario new home and condo guide - nov 21, 2015

INSIDE THIS ISSUE

2016 HOUSING MARKET OUTLOOK

CITY FOCUS ONST. CATHARINES

HAMILTON, OTHER CITIESSCORE WITH NEW STADIUMS

NOV 21 - DEC 5, 2015VOLUME 18, ISSUE 21, FREE

SOUTHWESTERN ONTARIO EDITION

Discover why Empire’s commitment to building beautiful communities across Southwestern Ontario sets them apart.

ONTARIOHOME BUILDEROF THE YEAR

2015

ONTARIOHOME BUILDEROF THE YEAR2015

ONTARIOHOME BUILDER

OF THE YEAR2015

ONTARIO HOME BUILDER OF THE YEAR 2015

ONTARIO HOMEBUILDER OF

THE YEAR 2015

ONTARIOHOME BUILDEROF THE YEAR

2015

ONTARIOHOME BUILDEROF THE YEAR2015

ONTARIOHOME BUILDER

OF THE YEAR2015

ONTARIO HOME BUILDER OF THE YEAR 2015

ONTARIO HOMEBUILDER OF

THE YEAR 2015

ONTARIO HOME BUILDER OF THE

YEAR 2015

Learn more at empirecommunities.com

EMPC 43528 Condo Guide DPS FA.indd 1 11/3/15 9:55 AM

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All illustrations are artist’s concept. All dimensions are approximate. Prices, specifi cations, terms and conditions subject to change without notice. E.&O.E.

Follow us: SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm

MODEL HOME HOURS: Monday - Thursday 1pm-7:30pm; Friday 1pm-5:30pm; Saturday, Sunday and Holidays 11am-5:30pm

FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM

Violet Model Home in Wildflowers, Kitchener

KITCHENER

TownhomesFrom $199,990

Detached HomesFrom $329,990

4 DETACHED MODEL HOMES

SALES CENTRE179 Seabrook Drive

36' HOME, THE CALYPSO ‘D’ 1,818 SQ.FT. $404,990

HOMER WATSON BLVD.

HURON RD.

SEABROOK DR.

SALES CENTRE/MODEL HOMES

FISCHER

HALLM

AN R

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401

7&8

N

STYLISH AFFORDABLE TOWNS & DETACHED DESIGNSARE NOW IN SEASON AT WILDFLOWERS

VILLAGE SUITE, THE YELLOW BIRCH ‘CN’ 1,149 SQ.FT. $199,990

MATGTA - Wild Flowers - SW New Home & Condo - Magazine DPS Due: 18/11/15

File Name: MATHAMILTONHAL-CH_WF_SWNHnC Publication: SW New Home & Condo

Trim: 7.5" x 10.5" Safety/V.O.: .25” DPI: 300

Bleed: .125” Colours: CMYK Built: 16/11/2015 – SH

MATHAMILTONHAL-CH_WF_SWNHnC.indd 2 2015-11-18 12:40 PM

Award winning home builder Country Green Homes proudly presents Rosemount: An exclusive collection of 16 semi-detached homes.

Rosemount offers a relaxed lifestyle that makes it easy to take advantage of recreational and cultural facilities, shopping, dining, and lush park lands. Rosemount is commuter-friendly with easy access in and out of the downtown core.

Affordable & Spacious Family Living in the heart of Kitchener.

F RO M J U S T

$349,900

TO 401

8

85

STA

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Y P

ARK

www.countrygreenhomes.com • Call: 905-630-5803

Visit our model home at 152 Rosemount Dr.

Mon – Wed 2-7 p.m. Sat/Sun – 11-4 p.m.Thursday, Friday & Holidays By Appointment

E: [email protected]

• Close to recreational & cultural facilities.

• Up to 1953 sq/ft of Modern open-concept layouts.

• Easy access in and out of the downtown core.

Featuring optional fi nished lower level with side-entrance.An Exclusive Collection of 16 Semi-Detached Homes.

NOW OPEN!

property profi les

22 Williamsburg HomesWilliamsburg Walk condos in Kitchener nearing completion

32 Mountainview HomesBlack Friday Sale coming Friday, Nov. 27!

42 Menkes Developments Models now open at The Enclaves of Upper Canada

city focus

48 St. CatharinesVibrant city with fl ourishing surroundings

trending

24 CMHC2016 housing market outlook from CMHC

36 Losani HomesPresenting... Pronto Homes on Demand

50 DevelopmentNew sports facilities boost real estate values

buyers’ resource section

17 Hot PropertiesKitchener-Waterloo & LondonNew releases and grand openings

25 Hot PropertiesHamiltonNew releases and grand openings

53 Mortgage Rates

in every issue

10 Editor’s Note

52 Advertiser Index

contentsNOV 21 - DEC 5, 2015 | VOLUME 18 ISSUE 21

14 Empire CommunitiesCelebrating a year of milestones

ON THE COVER

+ online

SEARCHHOME

NEIGHBOURHOOD

WITHDYNAMIC

MAPSLOOK FOR THE CIRCLE

+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING

MORE

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

ASSOCIATE PUBLISHER

Susan Maxwell

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES, NATIONAL

Moe Lalani

EDITOR

Wayne Karl

ART DIRECTOR

Daiana Garay

CONTRIBUTING EDITORS

Sara Duck (on leave)Elisa KrovblitLydia McNutt (on leave)

SALES CO-ORDINATOR

Sarah Khan

MANAGER OF PRODUCTION

Bala Gnanapandithan

CO-ORDINATOR

Hannah Yarkony

GRAPHIC DESIGNER

Viosa Barileva

CONTRIBUTING WRITERS

Joanne KeenanJe� rey Reed

#500-401 The West MallEtobicoke, ON M9C 5J5T 416.626.4200 F 416.784.5867

ypnexthome.ca

ADVERTISING Call Susan Maxwell at 416.988.1172 FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260;e-mail: [email protected] O¢ ce hours are Mon-Thurs. 9-5; Fri. 9-12CIRCULATION Free distribution. Published bi-weekly from Sept.-Nov. & from Feb.-June and monthly in June, July & Dec.TERMS Advertisers, Editorials and New Home & Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E.EDITORIAL Submissions from interested parties will be considered. Please submit to the address above, to the attention of the Editor.COPYRIGHT 2015 All rights reserved by New Home & Condo Guide, Toronto, Ontario. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and o¦ enders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Yellow Pages Next Home is a trademark of Yellow Pages Group Co. in Canada.

14

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

Please update.

8 YPNEXTHOME.CA

one day only!

MOUNTAINVIEW HOMES’

Offer & Specifi cations subject to change without notice. E.&.O.E. Not valid with any other promotion. Restrictions apply. Visit sales offi ce for details. Applies to all deals written on Friday, November 27, 2015 only.

FRIDAY, NOVEMBER 27! BIGGEST SALE OF THE YEAR!

Act Now! PRICE INCREASE NOVEMBER 30!

www.mountainview.com905.323.6232

th th ti R t i ti l Vi it l ffi f

OPEN BLACK FRIDAY! 12-5 p.m.

NOV 21 - DEC 5, 2015 | NEW HOME & CONDO GUIDE SWO 9

Neighbourhood facts to help you buy

Stemming the migration west It’s been a long time – a decade,

at least – since Ontario was one of

the top three provinces in Canada in

terms of job growth.

Until now. Yes, good news, Ontario

– our economy is outperforming

much of Canada. As recently as a

couple years ago, the phrase “Go west,

go west” was personifi ed in the fl ood

of inter-provincial migration in that

direction, particularly to Alberta, when

the oil and gas industry was at its peak.

“We’re not bleeding as much

now,” says Ted Tsiakopoulos,

Ontario regional economist, Canada

Mortgage and Housing Corp.

At its recent 2016 outlook

conference, while cautioning about

conditions in certain markets, CMHC

also highlighted the positive trend

emerging for the province.

“The migration and employment

stories are both positive, for sure,”

Tsiakopoulos says

+ get social

Editors' Notes

SEE MORE ONLINEypnexthome.ca/port-dalhousie

Interact with us on social media: ypnexthome

If the number one rule in real estate

is “location, location, location,”

then making sure your next place

is in the right “neighbourhood,

neighbourhood, neighbourhood” is

where we come in.

At YPNextHome.ca we have taken

“neighbourhood” to the next level.

Finding a home is about more than

just location, it’s about the micro

details of the neighbourhood. To that

end, we’ve collected data from across

the country, right down to details of

who lives there.

We invite you to explore the more

than 2,700 neighbourhoods we have

on our new website to fi nd out not only

who lives there, but what their favourite

activities and hobbies are, and even

how they commute to work.

Essentially, your neighbourhood is

an extension of your home. Get the

facts before you decide.

This issue features a neighbourhood

that we’ve explored and defi ned

ourselves. It’s a small sample of what’s

available online. I invite you to check it

out and let us know what you think!

EXPLORE PORT DALHOUSIESUSAN LEGGEEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge

WAYNE KARLSenior EditorYellow Pages NextHomeEmail: [email protected]: @WayneKarl

10 YPNEXTHOME.CA

AquaBluCondo.com

QUEEN ELIZABETH WAY

NORTH SERVICE RD.

S SERVICE RD.

LAKE ONTARIO

10 WINDWARD DR.

CASABLANCA BLVD.

Presentation Centre10 Windward Drive, Grimsby ONMon-Thurs: 1pm-7pmFriday: By Appointment OnlySat-Sun: 12pm-5pmPhone: (289) 235-8541Email: [email protected]

“We love the area and were ready to downsize. Our unit at AquaBlu is exactly what we were looking for with views of the escarpment and the lake. We were very drawn to the overall scale of the building – not too big, not too small, and our condo is the perfect size for the three of us. The architecture of the building is also very striking! We couldn’t be happier.”

Downsize to the lake!Grimsby’s mostenviable address!• Modern suites with 9' ceilings• Floor to ceiling windows• Stainless steel appliances• Gorgeous balconies and terraces• Sky lounge rooftop terrace• Fitness and yoga centre• Club room and media room• Beach park access• Underground parking• Quick access to QEW, short commute to GTA• And so much more!

Finalist forMost OutstandingMid-rise Buildingin Ontario!

Paul and Helen,Retirees

RESIDENCESSTARTINGFROM THELOW $200s

NOW UNDERCONSTRUCTION

*See sales representative for details. All renderings are artist’s concept, prices and specifications subject to change w/o notice. E. & O.E.

C

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151347_AquaBlu_AP_FL.pdf 1 2015-11-17 3:21 PM

11

Property Profile | EMPIRE COMMUNITIES

cover story

Empire Communities celebrates a year of milestones 2015 marks a year of industry recognition and awards, successful developments in the GTA and beyond with no signs of slowing down

THIS YEAR HAS BEEN ONE OF

significant milestones for Empire

Communities. This year, Empire

Communities built more than 1,000

new condominiums and lowrise

homes stretching from Southwestern

Ontario to the GTA, launched a

corporate rebrand and was named

the 2015 Ontario Home Builder of the

Year by the Ontario Home Builders’

Association (OHBA). What makes

this year’s achievements especially

meaningful are the 1,000-plus

homeowners who put their trust in

Empire to build their dream home and

who have helped the company get to

where it is today.

“We’re incredibly proud to have

been named the Ontario Home

Builder of the Year by the OHBA,” says

Daniel Guizzetti, co-founder, CEO

and president, Empire Communities.

“This speaks to our commitment

of building inspiring homes and

neighbourhoods of enduring value.

We have built our reputation on

our core values of caring, optimism

and trust, which are a reflection

of our corporate responsibility

initiatives and exceptional

customer-service experience.”

As one of the top builders of

master-planned communities in the

province, Empire has built more than

10,000 single-family and highrise

homes across Southwestern

Ontario and the GTA over the past

20 years. The company has received

nearly 100 domestic and international

awards for design, marketing and

sales excellence.

Two-thousand and fifteen was also

significant for Empire, marking 20

years in the business this year with a

corporate rebrand. The rebranding

efforts concentrated not only on

the evolution of the corporate logo

and Masterbrand strategy but also

the internal mission, vision and core

values that guide the team day in

and day out to offer a best in class

14 YPNEXTHOME.CA

experience from the time of sale to

the day new owners close on their

dream home.

Much of Empire’s recent growth

has been in Southwestern Ontario

where the company initially put down

roots. Wyndfi eld, Empire’s master-

planned community in Brantford,

was proud to hit 2000 homes sold

this year. Imagine, Empire’s master-

planned community in Niagara,

launched its latest phase with all

new home designs, a new

presentation centre the “Imagine

Centre” and four stunning new model

homes, along the popular model

home row. Avalon, Empire’s master-

planned community in Caledonia

was launched and had a tremendous

response. The next release of this

3,000 home community is coming in

the spring of 2016.

Empire is the largest Energy Star

home builder in Southwestern

Ontario and one of the fi rst to off er

Energy Star certifi cation as a standard

for all its single-family homes. This

commitment to building energy

effi cient homes has resulted in the

Green Builder of the Year Award

from the Hamilton Halton Home

Builders’ Association, Waterloo

Region Home Builders’ Association,

Niagara Home Builders’ Association

and BILD (Building Industry and Land

Development Association).

This year, the Mike Holmes team

approached Empire to join their

exclusive Holmes Approved Homes

program and collaborated with them

to reinforce Empire’s high-level of

home building standards across all of

its lowrise communities.

Lastly, 2015 also saw Empire spread

its wings south of the border with

expansion into the United States,

specifi cally Texas. In addition, Empire

announced continued growth

in Ontario with enough land to

accommodate 20,000 new single-

family and highrise homes.

What’s next for Empire? Growth

will be a continued commitment

in Southwestern Ontario with an

emphasis towards Green living and

aff ordable luxury living. Regardless

of the community and home styles

being built, Empire promises to create

inspiring new places to live.

For more information on

Empire Communities, visit

empirecommunities.com

MORE PHOTOS ONLINEypnexthome.ca/empire-celebrates


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16 YPNEXTHOME.CA

Hot Properties

LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in Southwestern Ontario. Find more properties at ypnexthome.ca

previews andregistration

140 CALEDONIABy: The Tricar Group

City: Stratford

Housing type: Four-storey boutique style

condominiums from the high $200’s.

tricar.com

VICTORIA ON THE RIVER By: Stonecrest Homes

City: London

Housing type: Single-family homes at at

Hamilton Road & Commissioners Road East.

stonecresthomes.ca

new openings

REMBRANDT ESTATESBy: Rembrandt Homes

City: Woodstock

Location: Riddell Street at St. Vincent

Housing type: Custom homes, bungalows

and bungalows with lofts, from $499,900.

rembrandt-homes.ca

CASTLE ROCK PLACEBy: Rembrandt Homes

City: London

Location: 3444 Singleton Ave., o� Southdale

Housing type: Two-storey and mulit-level

condominium townhomes from $231,990.

rembrandt-homes.ca

FOX FIELD By: Fusion Homes

City: London

Location: Fanshawe Park Road West and

Foxwood Avenue

Housing type: Single-family homes from

$482,900

fusionhomes.com

new releases

SUMMERSIDE By: Stoncrest Homes

City: London

Location: Darnley Boulevard and

Cardigan Drive

Housing type: Ssingle-family homes

stonecresthomes.ca

previews andregistration

WESTWOOD MEWSBy: CountryGreen Homes

City: Kitchener

Housing type: Urban townhomes up to 1,365

sq. ft. from the mid $200’s

countrygreenhomes.com

WILDFLOWERSBy: Mattamy Homes

BuildersIf you would like to include your preview

registration, new release or site opening

in this feature, just email the details to

[email protected]

LONDONBAYFIELDBLYTHCLINTONGRAND BENDINGERSOLLLONDONMITCHELL SEAFORTH

SHAKESPEAREST.THOMASSTRATFORDTAVISTOCKTILLSONBURGWINGHAMWOODSTOCK

HALTON HILLS WELLINGTON WATERLOOALMAAYRCAMBRIDGEELORAFERGUS

GEORGETOWNGUELPHKITCHENERROCKWOODWATERLOO

City: Kitchener

Housing type: Townhomes and 30- and 36-ft.

detached homes.

mattamyhomes.com

ISHERWOOD AVENUE CONDOSBy: Activa Group

City: Cambridge

Location: 25 Isherwood Avenue

Housing type: Condo community

activagroup.ca

new openings

CLAIRITY By: Reid’s Heritage Homes

City: Guelph

Housing type: One- and two-bedroom

condominiums from the mid $200’s

reidsheritagehomes.com

WILLIAMSBURG TOWNS By: Reid’s Heritage Homes

City: Kitchener

Housing type: Urban townhomes with three

bedrooms, 2.5 bathrooms

williamsburgtowns.ca

AVALON URBAN TOWNS By: Savic Homes

City: Kitchener

Location: Highland Road West and Ira

Needles Blvd.

Housing type: Design-forward urban towns

avalontowns.ca

CLAIR ROAD By: Gemini Homes

City: Guelph

Location: Singles and towns now selling in

highly desired location in South Guelph.

geminihomes.ca


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SEARCH ONLINEypnexthome.ca

18

LOCATION BUILDERS SITES PRICES PAGESem

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Bunga

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Adult

Lifes

tyle

Baden MOUNTAINVIEW HOMES Baden Country Estates • 9

Elmira CLAYSAM HOMES Elmira Country Club Estates • • • from $289,900 21

Ilderton SIFTON Timberwalk • 20

Guelph COUNTRY GREEN HOMES Royal Valley • • 7

Kitchener COUNTRY GREEN HOMES Rosemount Semis • from $349,900 7

Kitchener COUNTRY GREEN HOMES Westwood Mews • • from mid $200's 7

Kitchener LOSANI HOMES Doon Creek • • • from $303,000 38

Kitchener LOSANI HOMES Victoria Common • from $274,900 38

Kitchener MATTAMY HOMES Wildflowers • • from $199,990 6

Kitchener MATTAMY HOMES Cranbery Hill • from $493,990 55

Kitchener MOUNTAINVIEW HOMES River Ridge • • 9

Kitchener REIDS HERITAGE Williamsburg Walk • • from $223,300 56

North London SIFTON Ballymote Woods • • from mid $300's 20

Plattsville CLAYSAM HOMES Plattsville Estates • • from $324,900 21

South London SIFTON Andover Trail • • from mid $300's 20

South London SIFTON Westwood Village • from low $300's 20

Tillsonburg TILLSONBURG DEV. Baldwin Place • from $244,500 16

West London SIFTON Warbler Woods • 20

West London SIFTON Evergreen at Warbler Woods • from mid $300's 20

West London SIFTON Riverbend Golf Community • from $290,000 20

Woodstock CLAYSAM HOMES Neighbourhoods at Devonshire • • from mid $200's 21

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19

Sunday will always be special.

Bring little ones and parents together to celebrate

family in a home built by Sifton. From open concept

designs, to solid construction and high-end fi nishes,

Sifton concentrates on craftsmanship, so you can

concentrate on life.

Sifton.com

519.850.0756

Energy Star® Homes. Private Décor Centre. Building in 8 Great Communities.

Homes built for life.

CLIENT: Sifton PROOF DATE: May 4, 2015 4:41 PM APPROVAL INITIALS REV#

JOB DESC: sunday ad resizes STAGE ARTIST CD/AD AE/AD PROOF QC

R1SIF2049

FILE NAME: SIF2049_Sifton_Ad_sunday_resize_7.5x10.5 ARTIST: MB CHANGES REQ’D

SIZE: 7.5”x10.5” COLOUR: CMYK APPROVED

IR#002 ©2015 adHOME Creative Inc. 123 Saint George St. Suite 105, London, ON N6A 3A1 t:519.672.9090 f:519.672.6080 adHOMEcreative.com

Towns & SemisPHASE 3 NOW AVAILABLE

$200,000’s

Visit our website for MODEL HOME hours.Prices and specifications are subject to change without notice. E. & O. E.

HOLMES APPROVEDHOMES

Now Building...

Built Right From The Ground Up

claysamhomes.com

STARTING FROM THE MID

Woodstock

Plattsville

Elmira

50’ Lots with bungalows & two-storeys

$324,900STARTING FROM

Towns, Semis & Singles PHASE 2 NOW SELLING

$289,900STARTING FROM

APPROVEDBuilt Right From The Ground Up

Claysam Homes is proud to offer home buyers The Holmes Approved Homes Program. Each of our newly built homes will go through a rigorous inspection process through a certified Mike Holmes inspector. Visit one of our model homes today to find out more details about our exciting new partnership and how it benefits you to live in a Holmes approved home.

A Proud PartnerTowns & Semis

A Proud Partner

process through a certified Mike Holmes inspector. Visit one of our

more details about our exciting

benefits you to live in a Holmes

serviced in all our communities

1141 Caen Ave. Woodstock, ON

148 Applewood St. Plattsville. ON

79 Country Club Estates Dr. Elmira, ON


Property Profile | WILLIAMSBURG HOMES

LocationKitchener

BuilderWilliamsburg Homes

DevelopmentWilliamsburg Walk

Home TypeMidrise condo with one- and two-bedroom suites from 652 to 970 sq. ft., from $226,800

Sales Centre325 Max Becker Dr., open Monday to Friday from 1 to 6 p.m., and Saturday and Sunday from noon to 5 p.m.

Contact519.742.4004 williamsburgwalk.ca

Williamsburg Walk condos in Kitchener nearing completion

WITH URBAN LIVING ON THE RISE,

Williamsburg Walk offers residents

the freedom of a maintenance-

free home combined with the

convenience of a two-minute walk

to numerous amenities located right

outside the door.

Williamsburg Town Centre in

Kitchener is an award-winning

commercial development with a

streetscape designed to create

a quality pedestrian experience.

Williamsburg Homes’ meticulously

planned urban-influenced

Williamsburg Walk is situated in this

established neighbourhood, letting

residents enjoy a pedestrian friendly

promenade of shops, restaurants,

salons, cafes, fitness centres, grocers,

bakeries and numerous services.

With simple access to Hwy. 85 and

the 401, traveling to surrounding

communities is also efficient and

hassle-free.

Located near the Fischer-

Hallman Road and Max Becker

Drive crossing, the building is

currently 70 per cent sold, with

all of the three-bedroom suites

already snapped up. The remaining

one- and two-bedroom suites

range in size from 652 to 970 sq. ft.

and start at $226,800. For a limited

time, the builder is offering $2,500

off the purchase price.

Standard features include:

» Granite countertops in the

kitchen and bathrooms

» Ceramic and hardwood floors

22 YPNEXTHOME.CA

Williamsburg Walk condos in Kitchener nearing completion

» Four appliance package in the

kitchen including stainless steel

fridge, stove, dishwasher and over-

the-range microwave

» Stackable white washer and dryer

» Surface or underground parking

This midrise building is the first of

its kind in the area, setting the stage

for more to come. This distinctive

brick and stone, four-storey building

features high end masonry finishes,

balconies and brickwork and will

be surrounded by professionally

landscaped grounds. Common

elements include a secure entry with

an intercom system, full sprinkler

building, one fully appointed

elevator, a barrier-free access ramp,

mailboxes in the building lobby, party

room and a fitness room.

With its range in pricing and

suite sizes, the community caters

to a wide demographic seeking

a convenient lifestyle. First-time

homebuyers, young families and

empty nesters looking for a more

desirably sized space, will find this

community easy to call home.

Occupancy starts February 2016.

The sales centre is located at 325

Max Becker Dr. in Kitchener. Open

Monday to Friday from 1 to 6 p.m.,

and Saturday and Sunday from noon

to 5 p.m. For more information,

contact a new home sales consultant

at 519.742.4004 or visit the website at

williamsburgwalk.ca

“This distinctive brick and stone, four-storey building features high end masonry finishes, balconies and brickwork and will be surrounded by professionally landscaped grounds.”

Sample floorplan


Trending

By Wayne Karl

2016 housing market outlook

ATTENTION HOMEOWNERS and

prospective homebuyers: the housing

market outlook is okay now, but there

is a lot of uncertainty in the economy.

Make your decisions carefully.

This doesn’t necessarily mean

consumers should “take cover,” but

the overriding message at Canada

Mortgage and Housing Corp.’s kick-off

Housing Market Outlook Conference

series in Toronto on Nov. 3 was that the

housing industry – realtors, builders,

developers, and of course buyers and

sellers – should certainly “take note.”

In language not usually used by

CMHC at its outlook conferences,

terms such as “overvaluation” were

common, including the situation

unfolding in Toronto, Canada’s largest

housing market.

CMHC issued similar warnings in

late October, when it released its latest

Housing Market Assessment, which

highlighted that as of October, 11 of

the 15 Canadian centres it monitors

show at least moderate evidence of

overvaluation, up from eight in August.

Five of Canada’s largest markets are

showing moderate to strong evidence

of overvaluation.

“We don’t want to put out the

warning of overvaluation when it’s

too late, when the market is bound

for a strong correction,” says Bob

Dugan, chief economist, CMHC. “We

want to get that message out early.

We want to get the information out

to potential homebuyers, lenders,

builders, to give them the tools to

make better decisions.”

Looking at the national picture,

where there is modest evidence of

overvaluation, CMHC says:

» Mortgage rates will begin to rise

gradually in late 2016.

» Canada’s economy is expected

to continue to attract a high level

of immigrants. The level of net

migration will remain above its

historical average and help support

Canada’s housing market.

» Income is expected to increase

modestly as economic conditions

in Canada improve. Income growth

will remain supportive of housing

demand over the forecast horizon.

“However, there is a lot of

uncertainty in the economy,” says

Dugan.

Downside risks to the national

outlook include:

» Future path of oil prices remains

the most significant domestic risk

that could limit growth through

decreasing exports

» Broader slowdown in China’s

economic growth will negatively

affect the Canadian economy

through weaker demand for exports

» Household debt levels remaining

elevated represent a vulnerability that

could amplify an economic shock

Under these conditions, CMHC

forecasts that GDP growth could range

between 1.4 and 2.3 per cent next year,

and 1.7 and 2.8 per cent in 2017.

Home price growth is expected to

slow; the average MLS price will grow

to $443,300 in 2016 from $437,700 this

year, and to $449,600 in 2017.

Economic developments that

can serve to dissipate some of

the overvaluation include rising

disposable incomes, job and income

growth and increasing migration.

“The other way it can dissipate is if

house price growth slows, allowing

fundamentals to catch up,” says

Dugan. “These are some of the ways

in which these overvaluations can

be resolved.”

24 YPNEXTHOME.CA

Hot Properties

LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in Southwestern Ontario. Find more properties at ypnexthome.ca

previews and registration

STATIONWESTBy: Adi Developments

Location: Burlington

Housing type: Coming soon – three-storey

urban townhomes.

adidevelopments.com

PASSAGES ON THE CANALBy: Bayview-Wellington Homes

Location: Welland

Housing type: Coming soon – luxury

freehold executive townhomes.

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AVALONBy: Empire Communities

Location: Caledonia

Housing type: Townhomes from $239,990

and detached homes from the mid $269,990.

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SIMPLY GRANDBy: Losani Homes

Location: Paris

Housing type: Singles and towns from the

mid $300’s.

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THE WOODLANDSBy: Losani Homes

City: Ancaster

Housing type: Singles on forest court lots

from the $500’s.

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AUGUSTABy: Losani Homes

City: Ancaster

Housing type: Contemporary semis from the

low $400’s.

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PUREBy: Branthaven Homes

City: Milton

Housing type: Spacious two-storey freehold

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MATTAMY HOMES’ HAWTHORNE SOUTH VILLAGE, MILTON

LAKE HOUSEBy: Branthaven Homes

Location: Grimsby

Housing type: Waterfront townhomes

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THE BERKELEY CONDOMINIUMSBy: Carriage Gate Homes

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Location: Caroline Street and Elizabeth Street

Housing type: 154-unit condo

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HAWTHORNE VILLAGEBy: Mattamy Homes

City: Milton

Housing type: Townhomes and detached

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new openings

CRANBERRY HILLBy: Mattamy Homes

City: Waterdown

Housing type: Now open – new 30- and 36-

ft. detached designs.

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WOODLANDSBy: Mountainview Homes

City: Niagara Falls

Housing type: Single-detached and

townhomes from $229,900.

mountainview.com

AQUABLUBy: Homes by DeSantis

City: Grimsby

Housing type: Condominium community of

modern suites along the lake

aquablucondo.com

BuildersIf you would like to include your preview

registration, new release or site opening

in this feature, just email the details to

[email protected]

HAMILTON HALTON NIAGARAANCASTERBEAMSVILLEBINBROOKBRANTBRANTFORD

BURLINGTONCATHARINES GRIMSBY HAMILTON

MILTONNIAGARAOAKVILLEPARIS

PORT DOVERST. CATHARINESSTONEY CREEKVINELAND


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SEARCH ONLINEypnexthome.ca

26

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Ancaster CARRIAGE GATE HOMES Legacy in Ancaster • from $800,000 41

Ancaster LOSANI HOMES Ancaster Astoria • from $304,900 38

Ancaster LOSANI HOMES Ancaster Augusta • from $417,900 38

Ancaster ROSEHAVEN HOMES Tiffany Hill • • 35

Brantford COUNTRY GREEN HOMES The LINK • 7

Binbrook LOSANI HOMES Fairgrounds Finale • • • from $338,900 38

Burlington ADI DEVELOPMENTS Nautique • from $200,000 31

Burlington ADI DEVELOPMENT Station West • from $400,000 45

Brantford EMPIRE Wyndfield • • from low $200's 2&3

Burlington NEW HORIZON Bridge Water • from $500,000 40

Burlington ROSEHAVEN Affinity Condominiums • from $200,000 47

Chippawa/Niagara ROSEHAVEN Lyon's Creek • • • from $339,990 47

Collingwood LOSANI HOMES Summit Shores • • from $417,900 38

Fonthill MOUNTAINVIEW HOMES Residences at Lookout • • • from $369,900 9

Fort Erie MOUNTAINVIEW HOMES Ellesmere Landing • • from $327,900 9

Georgetown MENKES The Enclaves of Upper Canada • • from high $400's 44

Grimsby BRANTHAVEN Lake House • from $200,000 12&13

Grimsby HOMES BY DESANTIS AquaBlu • from $200,000 11

Hamilton LOSANI HOMES Prairie Modern • from $327,900 38

Hamilton LOSANI HOMES Paramount at Valley Park • from $669,900 38

Hamilton LOSANI HOMES Green Hill Glen • from $437,900 38

Hamilton LOSANI HOMES Sherman Oaks • from $537,900 38

Hamilton MULTI-AREA DEV. Bellagio Village at Summit Park • • from $289,990 35

Milton MATTAMY HOMES Hawthorne South Village • 28&29

Niagara BW HOMES Passages on the Canal • 5

Niagara Falls MOUNTAINVIEW HOMES Woodside • • from $229,900 9

Niagara Falls MOUNTAINVIEW HOMES Windy Lane • • from $240,900 9

Niagara Falls MOUNTAINVIEW HOMES Fernwood Estates • from $362,900 9

Niagara Falls MOUNTAINVIEW HOMES Thundering Waters • • from low $300's 9

Niagara Falls SILVERGATE HOMES Victoria Woods • • 30

Oakville BRANTHAVEN Oakvillage • from $400,000 12&13

Oakville EMPIRE Rain/Senses • from $229,990 2&3

Oakville ROSEHAVEN HOMES Woodland Trails • • from mid $600's 47

Paris LOSANI HOMES Simply Grand • • from $344,000 38

Ridgeway MOUNTAINVIEW HOMES Dominion Woods • • from $361,900 9

Ridgeway MOUNTAINVIEW HOMES Bevaver Creek Esates • • from $310,900 9

Smithville PHELPS HOMES Auburn Trail • • • from $370,000 39

St. Catharines BW HOMES Victoria Village • • from low $300's 4

St. Catherines EMPIRE COMMUNITIES Imagine • from $329,990 2&3

St. Catharines SILVERGATE HOMES Village on the Twelve • • 30

St. Catharines SILVERGATE HOMES Jacob's Landing • • 30

St Catharines SILVERGATE HOMES Beamer Landing 30

Stoney Creek EMPIRE Victory • • from $301,990 2&3

Stoney Creek ROSEHAVEN HOMES On the Ridge • from $300,000 47

Thorold MOUNTAINVIEW HOMES West Community • • • • 9

Thorold ROSEHAVEN HOMES Gibson Heights • • from $200,000 47

Thorold SILVERGATE HOMES German Village • 30

Welland MOUNTAINVIEW Harvest Estates • • • from $249,900 9

27


Follow us: SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pmAll illustrations are artist’s concept. All dimensions are approximate. Prices, specifi cations, terms and conditions subject to change without notice. E.&O.E.

TOWNHOME, THE NORMANDALE ‘ENGLISH MANOR’ 1,675 SQ.FT.

‘ENGLISH MANOR’

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A NEW RELEASE OF HIGHLY DESIREDFREEHOLD VILLAGE HOMES & 2-STOREY TOWNS30', 34', 36' & 43' Detached Designs Also Available

Wintergreen Model Homein Wildflowers, Kitchener

MATGTA - Hawthorne South Village - SW New Home & Condo - Magazine DPS Due: 18/11/15

File Name: MATHAMILTONHAL-HSV_SWNHnC_DPS Publication: SW New Home & Condo


Bleed: .125” Colours: CMYK Built: 16/11/2015 – JND

MATHAMILTONHAL-HSV_SWNHnC_DPS.indd All Pages 2015-11-18 1:57 PM

NOW OPEN

SILVERGATEHOMES.COM905. 680.6000

[email protected]

Specifications subject to change without notice. E. & O.E.

A new level of luxury is coming to Niagara with the openingof Victoria Woods. Luxurious bungalow towns backing ontolush greenspace, nestled amongst pristine golf courses,hiking trails, world-class diningand shopping. You’re onlya short distance from theQEW and Niagara’s WineRoute with its endlessrows of award-winningvineyards and wines.

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Prices and specifications subject to change without notice. Illustrations are artist’s concept.Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. E. & O.E.

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For unparalleled living,just add water.

ARRIVING SOONOn Downtown Burlington’s Lakefro nt

What could possibly trump indulgent condominium living overlooking Lake Ontario? Access to a spectacular rooftop terrace swimming pool and whirlpool for starters.

Add in sumptuous suites, a host of other equally hedonistic amenities and a downtownBurlington lakefront location beyond compare, and you’ve discovered a rare address indeed.

Condominiums from the high $200,000s.

Nautique_CG_SWO_Nov18_v2_Nautique_CG_SWO_Oct21 2015-11-18 9:50 AM Page 1

Property Profile | MOUNTAINVIEW HOMES

LocationNiagara Falls, Ridgeway, Fonthill, Welland, Thorold, Fort Erie, Kitchener

BuilderMountainview Homes

DevelopmentFernwood Estates, Beaver Creek Estates, The Residences at Lookout, Harvest Estates, West Community, Ellesmere Landing, Thundering Waters, River Ridge

Contactmountainview.com 905.3236232

Mountainview Homes’ Black Friday Sale coming Friday, Nov. 27!DON’T MISS THE BIGGEST SALE OF THE YEAR! ONE DAY ONLY!

BLACK FRIDAY DOESN’T MEAN

discounts on just clothing, appliances

and electronics. At Mountainview

Homes, Black Friday means huge

savings on the home of your dreams!

Mountainview Homes is excited

to announce its Black Friday Sale on

Friday, Nov. 27 for only one day at all

of Mountainview’s communities.

If you’re going to buy a home in

the near future, this is the day to do

it! With the purchase of a home at

Fernwood Estates in Niagara Falls,

Beaver Creek Estates in Ridgeway,

The Residences at Lookout in Fonthill,

Harvest Estates in Welland, West

Community in Thorold, Ellesmere

Landing in Fort Erie, Thundering

Waters in Niagara Falls and River

Ridge in Kitchener, purchasers will be

able to choose from three fantastic

$10,000 deals!

The Cool Cooking Package

includes a custom appliance package,

design dollars and air conditioning;

the Hot Flooring Package includes

engineered wood flooring in the

Great Room, gas fireplace, design

dollars and upgraded trim! And, last

but not least, the Dream Kitchen

Package includes a $10,000 kitchen

cabinet upgrade to build the kitchen

of your dreams! For complete details

and specifications on these amazing

packages, call or visit the sales office!

Mountainview’s newest

32 YPNEXTHOME.CA

Mountainview Homes’ Black Friday Sale coming Friday, Nov. 27!DON’T MISS THE BIGGEST SALE OF THE YEAR! ONE DAY ONLY!

communities are also off ering great

savings! Purchasers at Woodside and

Windy Lane Estates in Niagara Falls

will receive a $5,000 Design Dollar

Package – choose your upgrades and

create your dream home!

There is one more reason to

purchase a Mountainview home

during the Black Friday Sale. On

Monday, Nov. 30, the builder will

implement its annual price increase

throughout all communities. So if you

wait, you will miss out on the lowest

prices of the year!

Your Black Friday home comes

with great savings, and a home built

with unparalleled quality. As Niagara

Region’s largest new home builder,

Mountainview Homes off ers buyers

more than 35 years of experience

developing distinctive communities

and exceptionally built homes.

Mountainview Homes has strong

roots in the Niagara Region and takes

great pride in providing homeowners

with the best customer experience,

quality construction and design. Plus,

your Mountainview home is sure to

be built to fi t your family’s needs, with

free customization on Mountainview’s

standard collection of fl oor plans. The

in-house architectural department

works with homeowners to

customize fl oorplans for individual

needs – making it just right for your

family! The best part is, architectural

services and fl oorplan changes are

free of charge!

Black Friday is the perfect time to

take advantage of incredible savings

as well as Mountainview’s quality

craftsmanship, beautiful designs and

sought-after communities. Don’t miss

this limited time off er!

For directions and details about all

of Mountainview’s communities,

visit mountainview.com or call

905.3236232.

MORE PHOTOS ONLINEypnexthome.ca/mountainview-sale


GET INSPIRED!

FOLLOW US!

eastforesthomes.com

OF DISTINCTIONAWARDS

2015ISTINCTION

WARDS

BEST DESIGN/DECOR CENTRE“Design Studio-Eastforest Homes”

WINNER OHBA

Prices correct at press time. Please see Sales Representative for details. Promotions and incentives can be changed or cancelled at any time without notice. E. & O.E., November 2015

•Visualizeyourhomeinsideandout•Enjoyabeveragewhileexploring•Seewhat’snewinhomedesigntrends•Talktoour“best of ”awardwinningstaff

•Orsimplystopbytosay“Hi”

OPEN HOURS: Wednesday: 5:00pm to 8:00pm Saturday and Sunday: 11:00am to 5:00pm.155 Washburn Drive, Kitchener

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DISCOVER THE WORLD OF CHOICE, IDEAS & POSSIBILITIES FOR YOUR NEW HOME!

ANYTHING IS POSSIBLE

34 YPNEXTHOME.CA

905-561-0136 | 33 Fletcher Rd, Hamilton

$289,990*

Trending

A new home you won’t have to wait for – Losani Homes presents Pronto Homes on Demand

LOSANI HOMES HAS COMBINED THE BENEFITS OF NEW WITH THE

gratifi cation of resale. On top of the brand new feeling and the new

home warranty provided, purchasers can see, feel and touch while

having a choice of locations of new home construction – putting it

all within reach – Pronto!

Pronto Homes on Demand has been operating all year in

southern Ontario. It was publicly showcased to hundreds of real

estate and building industry professionals in Waterloo, where there

are as many as 100 underway, ready and waiting – Pronto! It’s been

so successful in Losani’s home area of Hamilton that it is diffi cult to

keep up with inventory.

CEO Fred Losani explained that buyers want a home that’s as clean

as new with the latest in design, features, energy effi ciency, the latest

technology plus an interior designer to pull it all together – but with

a shorter resale home timeline.

Losani calls it “a smarter way of buying; and a better way of

building.” Pronto starts the building process right away before a

purchaser begins the buying process. Models are 30 to 100 per cent

built. Buyers choose the home, personalize the fi nishes and choose

the community. They return weeks later with the key to their new

home in hand.

“It turns the whole location, location, location paradigm on its

head,” says Losani. “Product fi rst, then based on closing date and

diff erent prices in diff erent communities… then they choose the

MORE TRENDING ONLINEypnexthome.ca/news

36 YPNEXTHOME.CA

Doug Sloan and Karyn Taylor were excited earlier this year when

they purchased a home together in Hamilton. They could hardly

wait to move into their new digs – and lucky for them, they barely

had to. They signed the papers in late March, and in early May, took

possession of their new home in the Hamilton community of Sherman

Oaks – which they bought through Losani Homes’ Pronto Homes on

Demand program.

“It was great being able to tour the actual home we bought without

guessing what it would look like,” Sloan says. “From the moment we

walked into our home, which was nearly finished, we knew it was

perfect for us.”

The couple purchased a detached three-bedroom-plus media

layout that measures in at just less than 3,000 sq. ft. “We arrived at the

sales centre five minutes before it was to close, and the sales rep kindly

showed us the home anyway,” Sloan adds. “Within two days, we went

back to buy. We love the open-concept design with high ceilings and

hardwood floors, and Losani had installed several upgrades. The quality

of all of the finishes is top-notch, and we are impressed with Losani’s

meticulous attention to detail.”

According to Taylor, “We love the colours the company chose. The

walls and baseboards are painted a warm off-white tone, and in the

kitchen, the upper cabinets are the same, with dark oak lowers. A lot

of natural light enters the home through plenty of windows, and the

effect is beautiful.”

Both Taylor and Sloan work in sales in Oakville. “I moved from

Burlington, and Karyn from Oakville,” Sloan says. “We looked around

at several cities and builders, and we liked both Losani and Sherman

Oaks. It’s a quieter, more tranquil neighbourhood. This is a fantastic

community with generous space between homes providing privacy.”

Sherman Oaks is close to schools, parks and shopping. Available

homes at start at $522,900.

Losani’s Sherman Oaks presentation centre is located at

1533 Upper Sherman on the Hamilton Mountain.

Hours are Wednesday from 2 to 7 p.m.; Saturday and Sunday

from noon to 5 p.m. Call 905.574.0828.

neighbourhood that’s right for them.”

Plus, in every Pronto Home on

Demand, several options are always

built in to the home at no extra cost

so buyers get things that they would

have paid extra for in a standard plan.

“Pronto Homes on Demand is

focused on what the buyer wants, not

what the builder wants, or what the

seller has to offer,” says Losani.

Buyers have a choice of dozens

and dozens of different designs

in a dozen different communities

with closings as soon as 30 days or

60 days 90 days, or even longer if

needed. In fact, Losani says this could

be Ontario’s largest “ready built”

construction program. And perhaps in

all of Canada.

The Pronto Program applies to

about a third of Losani’s quality

single-family, townhomes and

semis in Ancaster, Binbrook,

Collingwood, Hamilton, Kitchener

and Stoney Creek, with a dozen more

communities slated to open in the

coming year.

More than half of all Losani sales

this year have been sold via its 200-

page Pronto catalogue that lists more

than 100 homes with early move-

in opportunities. It is updated and

published every few months to keep up

with demand and the project’s success.

For more information on Losani’s

Pronto Homes on Demand, visit

losanihomes.com

Couple buys new Losani Pronto home in March with May move-in

“The Pronto Program applies to about a third of Losani’s quality single-family, townhomes and semis in Ancaster, Binbrook, Collingwood, Hamilton, Kitchener and Stoney Creek, with a dozen more communities slated to open in the coming year.”

37

LosaniHomes.com/Pronto Pricing and specifications subject to change

without notice. E&OE

Unwrap the Magic Now is the time to Celebrate the

Season with Losani HomesVisit any Losani Sales Centre and purchase a new home between now and December 31st to open your present early and receive one of the following: Stainless Steel Appliances, or Central Air Conditioning, or Granite Kitchen Countertops, or $2,500 Décor Dollars.

Limited Time Offer. Terms and conditions apply. Builder reserves the right to modify, extend or withdraw promotion without notice. See Sales Representative for further details. No substitutions or equivalent cash value. Cannot Combine Offers. Pricing and specifications subject to change. Does not apply to Pronto Homes to finish. New build and Pronto to drywall only. E&OE.

Prices, features and specifications are subject to change without notice and are accurate at time of publication. Subject to availability. Please see sales representative for details. E. & O.E.

PhelpsHomes.com

Celebrating 40 Years of custom inspired home building in niagara

Give them room to spread their Wings

CRAFTSMAN FAMILY HOMES ON 50’ LOTSBUNGALOWS + 2-STOREYS FROM THE 370’SADULT LIFESTYLE TOWNS FROM THE 290’S4 COMMUNITIES IN SMITHVILLE TO CHOOSE FROM

AN EXCLUSIVE WATERFRONT LOCATION LIKE THIS COMESALONG ONCE IN A GENERATION.

LUXURY CONDOMINIUMS FROM THE $500’S TO OVER 3.5 MILLION.

Presenting Burlington’s only luxurious condominium development joined with a world-class four-star concierge hotel, with 24-hour room service to your suite, and exquisite unobstructed views of the lake. Thanks to interiors designed by award-winning Brian Gluckstein, Bridgewater Residences are true refinement on the water’s edge.

NOW OVER70% SOLD!

Take advantage of pre-construction prices on remaining suites before

we relocate the presentation centre to make room for construction.

The sun is setting on our award winning presentation centre.

Last chance to visit our model suite.

FOR A PERSONAL APPOINTMENT:905-681-3300 • BWResidences.com

2042 Lakeshore Road, Burlington

Interiors by

NWH 029 Bridgewater SalesCentre Ad_CondoGuide.indd 1 2015-11-17 4:52 PM

E X P E R I E N C E T H E F I N E A RT O F L I V I N G W E L L

HOMES AS BIG AND BEAUTIFUL AS THE COUNTRY THAT SURROUNDS THEM.

COLLECTION OF LUXURIOUS 50’, 55’, 60’& 66’ LOT DESIGNS

Carriage Gate’s fi nest collection of spacious single family homes, perhaps

their most prestigious yet. An intimate enclave of homes in Ancaster’s best

and most desirable location, just off Lime Kiln Road, these estate-inspired

residences are distinguished in both their architecture and interior design,

with each appointed with a long retinue of luxury features.

$800’SLuxuriously

appointed from the

ANCAST E R

CARRIAGEGATEHOMES.COM

Sales Offi ce Hours:Mon. - Thurs.; 3pm - 7pm, Friday by appointment, Sat. & Sun.; 12pm - 5pm.Paul Ciardullo; Broker, Effort Trust. 905-975-9191 • [email protected] and specifi cations are subject to change without notice. E. & O.E. Renderings are artist’s concept.

CARR-LEG-A-AD-NHC_SW-JUNE17-1.indd 1 6/17/15 9:54 AM

41

Property Profile | MENKES DEVELOPMENTS

Model homes now openThe Enclaves of Upper Canada in Georgetown by Menkes Developments

MENKES DEVELOPMENTS IS

THRILLED to showcase the two

new model homes at the highly

successful Enclaves of Upper Canada

community in Georgetown.

A private, inviting community

in the Norval hamlet of East

Georgetown, virtually everything you

need is only minutes away. From all

the amenities of a major town to

the beautifully landscaped suburban

streets and wooded walking trails

of the Niagara escarpment, the

Enclaves have it all. The homes

consist of semi-linked, bungaloft and

two-storey designs, with some lots

backing onto a ravine of mature trees

with breathtaking views of the Credit

River Conservation lands.

The designer decorated model

homes feature an upscale array of

standard and upgraded features,

including nine-ft. ceilings on the

main floor, tray ceilings in the master

bedroom, gourmet kitchens with

extended height uppers and granite

counters, natural gas fireplace

with white painted mantle and

marble surround, and oak staircases

from the first to second floor with

upgraded pickets.

A tour of the Middleton model

reflects both an elegant and inspiring

atmosphere to live in. The use of

cooler tones such as taupe and

grey are balanced with rich, dark

42 YPNEXTHOME.CA

LocationGeorgetown

BuilderMenkes Developments

DevelopmentEnclaves of Upper Canada

Home TypeSemi-linked, bungaloft and two-storey home designs

Sales Centre3 Upper Canada Court, in the Enclaves of Upper Canada community at the northeast corner of Guelph Street and McFarlane Drive, open Monday to Thursday 1 to 8 p.m., closed Fridays, and open Saturdays 11 a.m. to 6 p.m., and Sundays and holidays noon to 6 p.m.

Contact289.891.9103 menkes.com

“The use of cooler tones such as taupe and grey are balanced with rich, dark hardwood and kitchen cabinets to add warmth to the space. The family room in particular is the show-stopper of the home.”

hardwood and kitchen cabinets to

add warmth to the space. The family

room in particular is the show-

stopper of the home. Adjacent to the

kitchen, it exudes an air of elegance

with its slight black accents over

a calm palette of light, dark and

medium greys. The house definitely

has a Parisian flair to it that is

noticeable in both the art work and

certain chic furniture pieces.

In an ongoing commitment to

green homebuilding, Menkes is

building the Enclaves of Upper

Canada community to Energy

Star standards and, in many cases,

exceeding these standards. Green

features include R50 attic insulation,

R31 sprayed in foam for garage

ceilings, sealed ductwork joints,

high efficiency HRV, drain water

heat recovery systems, and excel

structural insulated sheathing to

name a few.

Purchasers of the 40-ft. Enclave

Collection receive engineered

hardwood on the main floor

(excluding tiled areas) and upper

hallways and $10,000 in upgrades.

For details, please visit the sales

office. The 40-ft. Enclaves

Collection ranges from 2,496

to 3,525 sq. ft. and are priced

from $749,990. A limited number

of semi-linked homes are also

available from the low $500’s.

Visit the sales office/model

home located at 3 Upper Canada

Court, Georgetown, in the Enclaves

of Upper Canada community at

the northeast corner of Guelph

Street and McFarlane Drive. The

presentation centre is open from

to Monday through Thursday

from 1 to 8 p.m., closed Fridays,

and open Saturdays from 11 a.m.

to 6 p.m. and Sundays and holidays

from noon to 6 p.m.

For more information,

please call 289.891.9103 or

visit menkes.com


44 YPNEXTHOME.CA

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45

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47

City Focus | ST. CATHARINES

ST. CATHARINESVibrant city, fl ourishing surroundings

THE FLORAL AND FRAGRANT

gateway to Niagara is St. Catharines,

the Garden City. While it may seem

to take its nickname from thousands

of acres of blossoming gardens,

parkland, orchards, vineyards and

farmland which surround it, it could

easily be a result of the substantial

greenhouse industry which thrives

within the protective shelter of the

Niagara Escarpment.

Named after the wife of its fi rst

mayor, William Hamilton Merritt,

St. Catharines lies between the

shores of Lake Ontario and the

Niagara Escarpment, 10 minutes

from Niagara Falls, 45 minutes from

Hamilton and about 110 kms from

Toronto’s Pearson Airport.

With a population of 131,400,

St. Catharines is home to almost a

third of the residents of the Niagara

region. The city has maintained

a diverse blend of industry and

commerce which successfully

co-exists with a rich agricultural

heritage. The soil and climate

conditions and the protective

environment of the escarpment

make this area ideal for growing

vegetables and tender fruit

which complement the related

food processing industry. This is

also Canada’s most celebrated

and prolifi c wine-producing

region. The region accounts

for more than 40 per cent of

Canada’s $300-million fl ower and

ornamental plant industry.

Almost 3,000 full-time workers are

employed by area growers who

supply national and international

markets. Residents and visitors

alike enjoy fresh fruits and

vegetables right from the source

at farms, farmers’ markets and

roadside stands.

On the outskirts of the city is

the Wine Route, a scenic trail that

winds through Niagara to each

of the local wineries. With the

considerable growth in the wine

industry, St. Catharines benefi ts from

the creation of agricultural jobs that

lead to manufacturing positions

at wineries and processing plants,

plus skilled specialists, marketing,

sales and retail positions, and, of

course, construction jobs to build

the facilities multiplied by almost

100 wineries in the Niagara area. St.

Catharines loves to celebrate both

its culture and its agriculture through

festivals throughout the year. The

piece de resistance is the Niagara

Wine Festival that celebrates the

grape harvest with dozens of wine

and cheese parties, dances, winery

tours and one of the largest parades

in North America.

“On the outskirts of the city is the Wine Route, a scenic trail that winds through Niagara to each of the local wineries. ”

48 YPNEXTHOME.CA

Neighbourhood Profile

Port DalhousieThis beautiful St. Catharines neighbourhood has a rich waterfront history. Officially styled Grantham-Port Dalhousie by the city, this community is historically where sailors and their families settled – how it has a distinct laid-back maritime vibe, with surfboard shops that impart a bit of a California feel.

VibeWith the feel of a classic seaside town, Port Dalhousie is a diverse community with many unique features. Its parks, harbor and famous carousel have been drawing in locals and travelers alike for more than 100 years. This former village, which amalgamated with the City of St. Catharines in 1960, still retains an independent feel.

Meet the neighboursYoung professionals and blue collar workers (particularly connected to the Canal and Great Lakes shipping), multi-generational families and retired singles and couples make up the bulk of the population. There’s an air of friendliness and loyalty to local businesses, which have helped the area maintain its character.

In the areaSeveral public and separate elementary and secondary schools serve the kids of Port Dalhousie and Grantham. The area’s best-known and largest park is Lakeside Park, home to the famous carousel, which has never raised its five-cent price to ride in a century of operation.

Planes, trains & automobilesWonderful cycling, strolling and hiking opportunities abound – all good ways to get around the neighbourhood – and St. Catharines Transit Commission operates three bus lines connecting Grantham and Port Dalhousie to the rest of the city. But a car is still a necessity for most residents.

The Good, the bad & the restPort Dalhousie is very popular with tourists, so you’ll find it harder to walk to the very end of the pier to watch the spectacular sunset in the summertime. Its lack of big chain stores in general might be disappointing to some city types who move to the ‘burbs expecting a Costco on every corner.

–Anne Marshall

Lifestyle is a priority in St.

Catharines. Downtown is the new

Meridian Centre where residents can

watch the Niagara IceDogs of the

Ontario Hockey League. In the north

end, a new city library neighbours the

Kiwanis Aquatic Centre, and there’s

the new performing arts centre.

Other cultural pursuits of theatre,

music and dance can be uncovered

at Rodman Hall Arts Centre and

botanical garden, Brock Centre for

the Arts, Niagara Artist Company or

Montebello Park where the pavilion is

alive with entertainment from spring

until fall. The extensive waterways,

trail systems and parklands of St.

Catharines create a natural network

of recreational opportunities that

include fishing, sailing, boating,

hiking, cycling and golfing.

St. Catharines has also prospered

as a shopping mecca and features

the region’s largest mall, the Niagara

Outlet Mall, plus The Pen, Fairview

Mall that has morphed into a power

centre, and Harvard Square. All

have grown to address the needs

of growing communities and new

housing developments.

With the scenic and social

attributes of the city, it comes as

no surprise that home building is

big business, especially when

Niagara has become a retirement

destination due to attractive resale

and new home pricing that appeals

to Toronto buyers.

Among those contributing to

the economic impact are some of

the region’s largest home builders

– Mountainview Homes, Empire

Communities, Bayview-Wellington

Homes and Silvergate Homes – with

a variety of product offerings and

price points.

In addition to the main

transportation corridors of the QEW

and Hwy. 406, four major border

crossings are within minutes. St.

Catharines has the distinction of

being home to the Welland Canal.

Part of its 27-mile route travels

through the city as it leads massive

freighters from throughout the world

on a 325-ft. climb from Lake Ontario

to Lake Erie to by-pass Niagara Falls.

St. Catharines packs a great deal

of opportunity and lifestyle into its

compact size of 39 square miles, an

intensive community that flourishes

as vibrantly as the gardens within.

49

GREAT NEWS, SPORTS FANS. The

common belief that new arenas

and sports stadiums are slam-dunk

wins for their billionaire owners

and millionaire players, but big fat

goose eggs for the local economy…

Well, that could be dead wrong. A

new report not only suggests the

opposite, but says such projects

actually boost surrounding real

estate values.

The one key proviso is that tax

increases to help foot the bill can’t be

part of the plan.

The Impact of Stadium

Construction on Real Estate Values,

from the Real Estate Investment

Network (REIN), explores the a� ects

– positive and negative – new arenas,

such as Rogers Place in the new Ice

District in Edmonton, have on real

estate values.

Trending

We shoot, we score! New arenas and stadiums boost real estate values

Highlights of the report include:

» An arena’s positive impact on

housing values can be felt most

within a fi ve-km radius and has

the largest e� ect when appealing

architecture, community plazas,

park landscapes, retail, commercial

and entertainment spaces, and the

stadium’s construction itself are

incorporated into its design.

» A negative e� ect on property values

is felt when the costs of a proposed

stadium necessitates the increase

of property taxes.

» Homes in neighbourhoods close to

new stadiums, on average,

have premiums ranging between

three and 15 per cent, depending

on the di� erent types of housing,

parking options and the distance

from the facility.

» Housing values increase on

average 1.75 per cent for each

10 per cent decrease in distance

from a stadium, with the positive

price increase being highest for

homes closest to the stadiums and

decreasing gradually outwards

within the fi ve-km radius.

By Wayne Karl

When a stadium is located outside

the downtown core, and is not

connected to any other economic

development activities or urban

redevelopment program, residential

properties around the facility will

still see a positive increase in value.

However, this increase will not be as

dramatic as those that are built in,

or with nearby accessibility, to the

Central Business District.

While proximity to the stadium

usually results in the largest price

increases, the regular presence of

fans may lead to a constant source

of noise, incivilities, tra� c congestion

and a scarcity of parking. These are all

factors with the potential to create a

price depreciating e� ect.

The conclusions are somewhat

surprising, given previous perceptions

that such projects yield little

real economic boost, and that

a city’s health depends mostly

on its economic fundamentals

and infrastructure.

“The presence and subsequent

impact on the value of infrastructure

is quite unrelated to the economic

fundamentals, which reign as having

50 YPNEXTHOME.CA

the most impact on real estate

values in the short, medium and long

term,” says Melanie Reuter, REIN’s

director of research.

The fi ndings regarding arenas

can be likened to the impact of

transportation improvements such

as LRT stations, she adds. “Think

of the infrastructure fi ndings

(transportation and arenas) as a

micro e ect, compared to broader

and deeper fundamentals. So,

once you choose a place to invest

based on strong fundamentals, give

yourself an additional lift by investing

around an arena or an LRT station.”

In Canada, while hockey may be

the number one sport, a project’s

positive impact on real estate values

is unrelated to the type of sport – or

even whether a team is a winner.

“Surprisingly, type of sport and

whether a team is winning or losing

has little impact on the results,”

Reuter says.

More important factors are

proximity to downtown (positive),

ample parking (poorly planned or non-

existent parking can have a negative

impact on values) and integration

with the surrounding community.

Incorporating mixed and constant uses

– think bars, o� ces, shops, outdoor

spaces – was also key, as was access

to good transit.

“Equally important is nearness to

the arena,” says Reuter. “Properties

within walking distance (one

kilometre) saw the biggest price

jumps, and the impact diminished the

farther out one went, until there was

no impact past four kilometres.”

Hamilton’s Tim Hortons Field

So, how did the city of Hamilton do

when it opened Tim Hortons Field

in September 2014, replacing the

historic – though aging – Ivor Wynne

Stadium? Home to the CFL Hamilton

Tiger-Cats, the stadium was also

the soccer venue for the 2015 Pan

American Games.

According to REIN:

» The stadium is not located in

the downtown core, and not the

most convenient for public transit

and parking.

» The City knows that building a new

sporting venue is not enough, and

continues to move forward on

projects in the stadium precinct. It

recently demolished nearby Scott

Park Arena to create the Bernie

Morelli Recreation Centre, which

will include pools, multi-purpose

rooms, a gym and seniors’ centre.

The former Dominion Glass site

on Lloyd Street will be turned into

outdoor recreation space, including

a new community soccer stadium.

» Though not yet budget-approved,

the City plans a mix of commercial,

retail and residential buildings

around the precinct. The vision

includes more public spaces, such

as a small water park and skating

rink, pedestrian corridors and

improved transit links

» The City plans to o er businesses

fi nancial incentives to locate

within the precinct, such as grants

and tax breaks

“The stadium could be a catalyst for

change in Hamilton, transforming

the area into a major retail and

entertainment district,” REIN says.

“But only time will tell.

“The stadium on its own will not

be a catalyst just because it’s new.

Professional sports facilities see

the greatest increase in real estate

values when they are properly

integrated into an entertainment

district and the overall surrounding

community. It’s important to

remember that a facility located

outside the downtown core of a city

that is not connected to any other

economic development activities

will still increase residential property

values around the facility, but this

increase will not be as dramatic.”

MORE TRENDING ONLINEypnexthome.ca/news


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Adi Development Group - Nautique 31

Adi Development Group - Station West 45

Bayview Wellington - Victoria Village 4

Bayview Wellington - Passages on the Canal 5

Branthaven Homes - Lakehouse/Oakvillage 12 & 13

Carriage Gate Homes - Legacy in Ancaster 41

Claysam Homes - Corporate 21

Countrygreen Homes - Rosemount Semis 7

Eastforest Homes - Corporate 34

Empire Communities - Multi-site 2 & 3

Homes by DeSantis - AquaBlu 11

Losani Homes - Multi-Site 38

Mattamy Homes - Wildflowers 6

Mattamy Homes - Cranberry Hill 55

Mattamy Homes - Hawthorne South Village 28 & 29

Menkes Developments - Enclaves of Upper Canada 44

Mountainview Homes - Corporate 9

Multi-Area Developments - Bellagio Village at Summit Park 35

New Horizon Homes - Bridgewater 40

Phelps Homes - Auburn Trail 39

Reid’s Heritage Homes - Williamsburg Walk BC

Rosehaven Homes - Multi-Site 47

Sifton - Corporate 20

Silvergate Homes - Victoria Woods 30

Tillsonburg Developments - Baldwin Place 16

52 YPNEXTHOME.CA

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Nov. 16, 2015. Prepared By Fiscal Agents Financial Information Services 905.844.7700

OTHER FINANCIAL INSTITUTIONS

TRUST COMPANIES

ATB Financial 2.45 4 2.94 2.64 2.64 2.74 2.94

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Bank of Montreal 2.7 4 2.89 2.84 3.39 3.89 2.79

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Bank of Nova Scotia 2.7 4.55 3.29 3.09 3.39 3.89 2.84

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CFF Bank 2.69 2.24 2.39 2.59 2.69

CIBC 2.7 2.84 2.79 2.39 2.74 4.79

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ICICI Bank Canada 2.75 3.15 3.65 3.64 3.69 3.69

Manulife Bank 2.4 4.45 3 2.94 2.84 2.79 2.69

3.20op

National Bank n/a 4.4 3.14 3.04 3.39 2.69 2.79

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President’s Choice Finan 2.7 2.79 3.34 3.99 4.44

Royal Bank 2.45 3.14 2.29 2.64 2.74 2.94

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TD Canada Trust 2.45 2.89 2.84 3.39 2.64 4.64

6.30op

Tangerine 2.7 3.19 3.24 3.49 3.69 3.79

Community Trust n/a 6.5 3.14 3.25 3.95 4.39 4.64Concentra Financial n/a 5 2.89 2.59 3.39 3.89 4.64 6.70op 6.30op Effort Trust n/a 4.45 3.35 3.5 3.7 4.3 4.35 6.30op 6.30op Home Trust Company 2.2 3.95 2.69 2.24 2.39 2.59 2.69Investors Group Trust n/a 4.2 3.14 3.09 3.39 3.89 2.59 6.50op 6.30op MTCC 2.7 4.55 3.29 3.09 3.39 3.89 2.84 6.45op 6.50op

Comtech Credit Union 2.45 6.2 2.79 2.89 2.95 2.99 2.69

6.40op 6.30op

First National Fin. LP 3.1 2.29 2.24 2.44 2.64 2.74

IC Savings 2.7 6.15 2.89 2.35 2.89 2.79 2.79

6.50op 6.50op

London Life n/a 4.2 3.14 3.09 3.39 3.89 4.74

6.50op 6.30op

Luminus Financial 3.25 3.25 3.2 3.65 4 4.5

6.25op

Meridian Credit Union 2.5 4 3.09 3.09 3.55 2.49 2.54

6.30op

Parama Credit Union 2.65 2.8 2.85 2.95 3.05 3.15

2.95op

Steinbach Credit Union 2.25 2.45 2.55 2.55 2.65 2.65

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54 YPNEXTHOME.CA

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MATGTA - Cranberry Hilll - SW New Home & Condo - Magazine DPS Due: 18/11/15

File Name: MATHAMILTONHAL-CH_WF_SWNHnC Publication: SW New Home & Condo


Bleed: .125” Colours: CMYK Built: 16/11/2015 – SH

MATHAMILTONHAL-CH_WF_SWNHnC.indd 1 2015-11-18 12:40 PM

• Granite Counters in Kitchen and Baths

• Ceramic and Hardwood Floors

• Stainless Steel Kitchen Appliances

• White Stacked Washer and Dryer

• Outdoor or Underground Parking

• Occupancy Starting February 2016

Prices and specifications subject to change. See sales consultant for more details. E. & O.E. November 2015.

• Granite Counters in Kitchen and Baths

• Engineered Hardwood Floors in Great Room

• Stainless Steel Kitchen Appliances

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Max Becker Drive (beside McDonald's)

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southwestern ontario new home and condo guide - nov 21, 2015

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