SOUTHWESTERN ONTARIO EDITION APR 23 - MAY 7, 2016 VOLUME 19, ISSUE 8, FREE INSIDE THIS ISSUE WOODSTOCK: TAKING ROOT FOR A HEALTHY FUTURE WHAT’S HOT & TRENDING IN CANADIAN REAL ESTATE? WHY WE NEED CONTEXT ON FOREIGN INVESTORS SOUTHWESTERN ONTARIO EDITION Discover 2 styles of contemporary living IN MATTAMY’S OAKVILLE COMMUNITIES
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INSIDE THIS ISSUE
NOTE THAT THIS CALLOUT IS ALWAYS YPNH GREY IN COLOUR
AND THAT THE BAR IS ALWAYS WHITE ON BOTTOM OF PAGE
HIT SHIFT F7 AND DISTRIBUTE SPACING AT 0.2074 INCHES
SOUTHWESTERN ONTARIO EDITION
APR 23 - MAY 7, 2016VOLUME 19, ISSUE 8, FREE
INSIDE THIS ISSUE
WOODSTOCK: TAKING ROOTFOR A HEALTHY FUTURE
WHAT’S HOT & TRENDINGIN CANADIAN REAL ESTATE?
WHY WE NEED CONTEXTON FOREIGN INVESTORS
SOUTHWESTERN ONTARIO EDITION
Discover 2 styles of contemporary living IN MATTAMY’S OAKVILLE COMMUNITIES
SWO 04-23-16-master.indd 1 2016-04-20 4:29 PM
Located in the charming town of Binbrook, minutes from Hamilton's downtown, but in a world all its own. Summerlea Woods offers the picturesque ease of a small town with access to the conveniences of an urban centre.
When Life takes you to unexpected places, love brings you home to Summerlea Woods.
lovebrings
youhome
w
TOWNHOMES
300sFROM THE MID
DETACHED HOMES
400sFROM THE LOW
Register NowFOR OUR VIP EVENT COMING SOON
SUMMERLEAWOODS.COMIllustrations are artist’s concept. Prices, sizes and specifications are subject to change without notice. Exclusive listing brokerage: TFN Realty Inc. Brokers Protected. E. & O. E.
EMPIRE COMMUNITIES NH GATFEOLD AD - 15x10.5 - 2016-04-20
SWO 04-23-16-master.indd 2 2016-04-20 4:30 PM
Located in the charming town of Binbrook, minutes from Hamilton's downtown, but in a world all its own. Summerlea Woods offers the picturesque ease of a small town with access to the conveniences of an urban centre.
When Life takes you to unexpected places, love brings you home to Summerlea Woods.
lovebrings
youhome
w
TOWNHOMES
300sFROM THE MID
DETACHED HOMES
400sFROM THE LOW
Register NowFOR OUR VIP EVENT COMING SOON
SUMMERLEAWOODS.COMIllustrations are artist’s concept. Prices, sizes and specifications are subject to change without notice. Exclusive listing brokerage: TFN Realty Inc. Brokers Protected. E. & O. E.
EMPIRE COMMUNITIES NH GATFEOLD AD - 15x10.5 - 2016-04-20
SWO 04-23-16-master.indd 3 2016-04-20 4:31 PM
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MODERN INSPIRED REFINEDThe most original and inspiring community in 30 years
LosaniFallingwaters.comMap not to scale. Pricing and specifications subject to change
without notice. E&OE
Modern 2 & 3 Storey Townsfrom the $400’s
6 YPNEXTHOME.CA
006-Losani-FallingWaters 04-23-16.indd 6 2016-04-21 10:28 AM
Discover Why Our New Urban Townhomes are
KW’s Best Value.
• Great Upscale Neighbourhood - In Kitchener on the border of Waterloo - Enjoy Kitchener’s lower property taxes
• Modern Open Concept Layouts• Attached Garage on Select Units• Close to the Campus• Single Level Models Available• Exterior Maintenance Free Living! - No grass cutting or snowplowing!
With today’s low interest rates, stepping up on the real estate ladder has never been more timely. Award-winning developer CountryGreen Homes presents Westwood Mews — contemporary Urban Townhomes featuring open concept plans up to 1,365 square feet. Located in the desirable Westmount area just off Glasgow Street, close to restaurants, shopping, golf, and gyms. Enjoy an upscale lifestyle at an affordable price.
FROM THE MID
$200sTO
401
TO 401
Great Value, Great Lifestyle!Come Visit Us at 367 Westwood Dr. Mon – Wed 2-7 p.m. Sat/Sun – 11-4 p.m.Thursday, Friday & Holidays By AppointmentE: [email protected]
www.countrygreenhomes.com • Call: 905-630-5803
007-Countrygreen Homes 04-23-16.indd 7 2016-04-20 6:33 PM
property profiles
20 Williamsburg HomesWilliamsburg Walk – Kitchener’s village in the city
24 Coletara DevelopmentLiberty Square in Guelph – contemporary condo living
30 Senator HomesHavelock Corners – a good thing about to get better
44 Averton HomesNew collection of towns at Averton Square in NOTL
trending
14 Empire Communitiesdonates addition to Breslau community centre
48 Mattamy Homesbreaks ground at Creekshore Common
advice
58 Fundamentally SpeakingWhy we need data on foreign investors
city focus
34 WoodstockTaking root for a healthy future
buyers’ resource section
15 Hot Properties Kitchener-Waterloo & LondonNew releases and grand openings
37 Hot Properties HamiltonNew releases and grand openings
12 Mattamy HomesExciting new choices in contemporary living in Oakville
ON THE COVER
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
Sonia Bell Sara Duck (on leave) Elisa Krovblit Jackie MarchildonLydia McNutt (on leave)
SALES CO-ORDINATOR
Sarah Khan
MANAGER OF PRODUCTION
Bala Gnanapandithan
CO-ORDINATOR
Sandra Hanak-Vujnovic
GRAPHIC DESIGNER
Miguel Cea
CONTRIBUTING WRITERS
Joanne KeenanJeffrey Reed
#500-401 The West Mall
Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
ADVERTISING Call Susan Maxwell at 416.988.1172 FAX: 416.784.9554 Toll Free: 1.877.269.8257, follow prompts, ext. 4260; e-mail: [email protected] Office 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 2016 All rights reserved by New Home & Condo Guide, Toronto, Ontario. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. Yellow Pages Next Home is a trademark of Yellow Pages Group Co. in Canada.
12
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.
8 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 9
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GRANDOPENING!SATURDAY, MAY 7, 12-6 p.m.
HISTORICAL CHARM. MODERN LIVING.
WILLICK RD.
WEINBREBBER RD.
WILLO
UGHBY RD.
SOD
OM
RD \ 116
LYONS CREEK RD. / 47
QEW
Prices are subject to change without notice. E.&O.E. Subject to availability.
CHOOSE FROM
SPACIOUS
45’ & 50’
LOTS!
TOWNS, SEMIS & SINGLES from the mid $200sThe charming and highly coveted village of Chippawa, Niagara Falls offers
the ultimate Niagara lifestyle - blending old world charm with modern day amenities. Create your dream family home with Mountainview’s award-winning craftsmanship and
stunning home design at Lyon’s Creek! DON’T WAIT! REGISTER NOW FOR VIP RELEASE!
SALES CENTRE HOURS: Monday, Thursday, Friday,
Saturday, Sunday 12 - 6 p.m.Tuesday & Wednesday by appointment
Clean-up in aisle fi ve Good news, shoppers. Some great
things are happening in Canadian
retail and residential real estate.
Ontario rocks in both worlds. Five
of the 10 top-performing malls in
Canada are located in the province.
Now comes news that Loblaws is
committing $1-billion to build and
renovate stores, adding thousands of
new jobs.
This is important because when
large retailers undergo major
expansions, it’s a sign of good times
and that an area is on the upswing.
Like proximity to mass transit, schools
and other amenities, being close to
shopping is a major attraction for
homebuyers. These features are
among the keys to enjoying your
home while you live there, as well as
for potential resale value in the future.
Large retailers and commercial
ventures don’t just pop up in the
middle of nowhere or in declining
neighbourhoods. These companies
make careful, long-range and well
planned-out decisions in lockstep
with municipalities and developers,
based on hard data, research and
demographic information.
So, as you’re out home shopping,
take a look around for retail
expansions. It could be a sign of a
good place to buy.
+ get social
Editors' Notes
Interact with us on social media: ypnexthome
The decision to move is often
triggered by a life event, such as a
new job, a new addition to the family
or simply because you want a change
of scenery.
Whatever the reason, it’s important
to address what your new needs are
before you start hunting for a new
place — rather than during. With all of
the information available to you these
days, it’s easy to get distracted.
To keep you on track and up to date
on the latest listings available across
Canada, check out this issue and
our new website, YPNextHome.ca.
Not only will you fi nd an easy way to
connect with prospective properties,
you’ll be able to dig deep on details
such as such as costs, neighbourhood
information and much more.
Deciding to move is easy, it’s fi nding
the right place that can sometimes be
tough. Let us help.
Drop us a line and let us know if
you have any questions or comments.
We’d love to hear from you.
WOODSTOCKSUSAN LEGGEEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge
WAYNE KARLSenior EditorYellow Pages NextHomeEmail: [email protected]: @WayneKarl
SEE MORE ONLINEnexthome.yp.ca/woodstock
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Out of the blu …comes a new shadeof luxury living: AquaZul.
Discover life on water, at Grimsby’sWaterfront Beach Park and Trail.
Residences Starting From The $180s
REGISTER NOW! AquaZulCondo.ca Prices and specifications subject to change without notice. E.&O.E.
WATERFRONT CONDOMINIUMS
AQUAZUL
On Your Horizon:Lakeside Living inGrimsby, Ontario It’s Worth The Wait.Coming July 2016
C
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Y
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MY
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CMY
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room ceilings on the penthouse
floor. Granite countertops are
found in every kitchen, and ensuite
baths are paired with double dinks.
Plus, stainless steel appliances are
complemented by a stacked washer-
dryer unit.
Today, receive $20,000 in savings on executive townhomes in The Preserve
Adding to the immense success in
The Preserve, Mattamy presents an
exclusive new executive townhome
collection. For a limited time,
Mattamy is offering a $20,000
Designer Upgrade Package to all
purchasers in The Preserve. The
no-charge package includes central
air conditioning, granite countertops
with undermount sink in all baths,
smooth ceilings and oak hardwood
on second floor, an upgraded lighting
package, plus upgraded trim and
hardware throughout the home.
There are a special number of
these spacious townhomes offered.
Situated within an exclusive enclave,
some plans feature a convenient main
floor master bedroom. Sized from
2,536 to 3,057 sq. ft., these homes
come standard with grand, oversized
kitchens with islands and breakfast
bars that open to expansive Great
Rooms with gas fireplaces. You’ll
find hardwood flooring throughout
the main level, with waffle and
tray ceilings in Great Rooms and
master bedrooms. The homes will
also offer walk-in closets, ensuites
with double sinks and soaker tubs,
plus large, luxurious glass shower
enclosures. Second floor balconies
also encourage homeowners to
step out, sit back and enjoy their
morning coffee.
Mattamy Homes is BILD’s 6-time GTA Builder of the Year
As is its practice, Mattamy created
the new Oakville communities from
consulting with their homeowners,
addressing real needs and desires.
Not coincidentally, Mattamy was
recently named the GTA Builder of
the Year Award for an unprecedented
sixth time by the Building Industry and
Land Development Association (BILD).
Mattamy is particularly proud of this
award as it’s based on feedback from
current Mattamy homeowners. The
company remains steadfast in their
belief that nothing is better than a
satisfied homeowner. Its intelligent
and innovative approaches to modern
living are now on display in Oakville.
See for yourself what elegant living
looks like today.
For more information visit
mattamyhomes.com/gta
Presentation centre hours are
Monday to Thursday 1 to 8 p.m.;
Friday 1 to 6 p.m.; Saturday, Sunday
and holidays 11 a.m. to 6 p.m.
LocationOakville
BuilderMattamy Homes
DevelopmentThe Residences Of Creekshore Common
Home TypeBoutique condos, townhomes
Sales Centre1388 Dundas St. W., open Monday to Thursday 1 to 8 p.m.; Friday 1 to 6 p.m.; Saturday, Sunday and holidays 11 a.m. to 6 p.m.
Contactmattamyhomes.com
Property Profile | MATTAMY HOMES
cover story
NOW OPEN IN OAKVILLE, an intriguing
variety of modern living options.
Mattamy has just broken ground
with The Residences of Creekshore
Common. Oakville’s newest and
arguably most desirable address
offers modern and remarkable
choices in boutique condo living.
The neighbourhood amenities
are well established and include an
abundance of convenient shopping
and dining nearby, many destinations
within easy strolling distance. The
community itself will feature scenic
ponds and a creek, plus proximity to
the charming Preserve Promenade.
Boutique condo elegance at The Residences of Creekshore Common
The striking lines of the boutique
condominium building promise
modernity and do not disappoint.
The up-to-date appointments include
an elegant, welcoming Lobby that
makes returning home and greeting
guests an event. Residents are invited
to make full use of the common
lounge that connects to a sublime
rooftop terrace that, in addition to
its spectacular view, encourages
all to cook out on the barbecues
and mingle socially, if they desire.
Naturally, a fully appointed fitness
facility makes staying healthy and fit
simple and convenient.
Each condo residence thoughtfully
includes many luxurious features
as standard. A peek in through the
generous floor-to-ceiling windows
might reveal the superior hardwood
flooring, nine-ft. ceilings throughout
– combined with soaring 14-ft. living
Mattamy HomesElegant condos and executive townhomes define exciting new choices in contemporary living
12 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 13
SWO 04-23-16-master.indd 12 2016-04-21 12:48 PM
room ceilings on the penthouse
floor. Granite countertops are
found in every kitchen, and ensuite
baths are paired with double dinks.
Plus, stainless steel appliances are
complemented by a stacked washer-
dryer unit.
Today, receive $20,000 in savings on executive townhomes in The Preserve
Adding to the immense success in
The Preserve, Mattamy presents an
exclusive new executive townhome
collection. For a limited time,
Mattamy is offering a $20,000
Designer Upgrade Package to all
purchasers in The Preserve. The
no-charge package includes central
air conditioning, granite countertops
with undermount sink in all baths,
smooth ceilings and oak hardwood
on second floor, an upgraded lighting
package, plus upgraded trim and
hardware throughout the home.
There are a special number of
these spacious townhomes offered.
Situated within an exclusive enclave,
some plans feature a convenient main
floor master bedroom. Sized from
2,536 to 3,057 sq. ft., these homes
come standard with grand, oversized
kitchens with islands and breakfast
bars that open to expansive Great
Rooms with gas fireplaces. You’ll
find hardwood flooring throughout
the main level, with waffle and
tray ceilings in Great Rooms and
master bedrooms. The homes will
also offer walk-in closets, ensuites
with double sinks and soaker tubs,
plus large, luxurious glass shower
enclosures. Second floor balconies
also encourage homeowners to
step out, sit back and enjoy their
morning coffee.
Mattamy Homes is BILD’s 6-time GTA Builder of the Year
As is its practice, Mattamy created
the new Oakville communities from
consulting with their homeowners,
addressing real needs and desires.
Not coincidentally, Mattamy was
recently named the GTA Builder of
the Year Award for an unprecedented
sixth time by the Building Industry and
Land Development Association (BILD).
Mattamy is particularly proud of this
award as it’s based on feedback from
current Mattamy homeowners. The
company remains steadfast in their
belief that nothing is better than a
satisfied homeowner. Its intelligent
and innovative approaches to modern
living are now on display in Oakville.
See for yourself what elegant living
looks like today.
For more information visit
mattamyhomes.com/gta
Presentation centre hours are
Monday to Thursday 1 to 8 p.m.;
Friday 1 to 6 p.m.; Saturday, Sunday
and holidays 11 a.m. to 6 p.m.
LocationOakville
BuilderMattamy Homes
DevelopmentThe Residences Of Creekshore Common
Home TypeBoutique condos, townhomes
Sales Centre1388 Dundas St. W., open Monday to Thursday 1 to 8 p.m.; Friday 1 to 6 p.m.; Saturday, Sunday and holidays 11 a.m. to 6 p.m.
Contactmattamyhomes.com
Property Profile | MATTAMY HOMES
cover story
NOW OPEN IN OAKVILLE, an intriguing
variety of modern living options.
Mattamy has just broken ground
with The Residences of Creekshore
Common. Oakville’s newest and
arguably most desirable address
offers modern and remarkable
choices in boutique condo living.
The neighbourhood amenities
are well established and include an
abundance of convenient shopping
and dining nearby, many destinations
within easy strolling distance. The
community itself will feature scenic
ponds and a creek, plus proximity to
the charming Preserve Promenade.
Boutique condo elegance at The Residences of Creekshore Common
The striking lines of the boutique
condominium building promise
modernity and do not disappoint.
The up-to-date appointments include
an elegant, welcoming Lobby that
makes returning home and greeting
guests an event. Residents are invited
to make full use of the common
lounge that connects to a sublime
rooftop terrace that, in addition to
its spectacular view, encourages
all to cook out on the barbecues
and mingle socially, if they desire.
Naturally, a fully appointed fitness
facility makes staying healthy and fit
simple and convenient.
Each condo residence thoughtfully
includes many luxurious features
as standard. A peek in through the
generous floor-to-ceiling windows
might reveal the superior hardwood
flooring, nine-ft. ceilings throughout
– combined with soaring 14-ft. living
Mattamy HomesElegant condos and executive townhomes define exciting new choices in contemporary living
12 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 13
SWO 04-23-16-master.indd 13 2016-04-21 12:48 PM
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
Empire donates addition to complete the Woolwich Township Community Centre
construction debris is now a vibrant community center. We are confi dent of
the impact this facility will have in severing not only the existing residents of
the Riverland community, but also the existing residents of Breslau and future
residents to come.”
Empire is proud of this amazing addition to the community and we look
forward to continuing to contribute as we work toward the commencement of
the next phase of new homes coming to Riverland, fall 2016.
For more information, visit empirecommunities.com
MORE TRENDING ONLINEnexthome.yp.ca/news
14 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 15
SWO 04-23-16-master.indd 14 2016-04-21 12:48 PM
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
Liberty Square Presents contemporary expression of condominium living in Guelph
24 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 25 APRIL 9 - 23, 2016 | NEW HOME & CONDO GUIDE SWO 25
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VISIT US TODAY!OR CALL FOR PRIVATE APPOINTMENT
LOW CONDO FEES 9’ CEILINGSPARKING & STORAGE LOCKERS INCLUDED
All prices subject to change without notice. All images are artist’s concept. Map not to scale. E & O.E. Follow us on
SALES CENTRE AT:1077 GORDON ST.,
GUELPH
NOW SELLING
SALESCENTRE
026-Coletara 04-23-16.indd 26 2016-04-20 6:34 PM
Homes built for life.
There’s always time to play.
Build those memories of nights � lled with fun, family
and buttery popcorn, in a home built by Sifton.
From expansive living areas, to solid construction
and high-end � 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.
027-Sifton 04-23-16.indd 27 2016-04-20 6:34 PM
Ultimate Waterfront Community
* Value of Maintenance Fees varies by unit and full value is applied as credit on closing. E.&O.E. Prices, sizes, and specifications subject to change without notice. Renderings and illustrations are artists’ concepts.
**
FEATURE FILLEDCONDOS FROMTHE $200’S
lakehouselife.ca
Casablanca Blvd.
HUNTER RD.
North Service Rd.
Winston Rd.
GRIMSBYQEW
SALESOFFICE north service rd.
Winward dr.
Lake Ontario
480 WINSTON ROAD, GRIMSBYMON–THURS: 1PM–6PMFRIDAY: BY APPOINTMENT SAT & SUN: 12PM–5PM
MODEL SUITE &SALES CENTRE HOURS
A SuiteLakesideLifestyle
NOW YOU CAN LIVE
APRIL 15 - MAY 30TH
Special Offer:Includes 6 Months FreeMaintenanceFees
Feature Suite: The Silverlake VI 2 Bedroom + Den - 1055 sq.ft.The Ultimate in Lock & Leave Waterfront Condo Living
* Value of Maintenance Fees varies by unit and full value is applied as credit on closing. E.&O.E. Prices, sizes, and specifications subject to change without notice. Renderings and illustrations are artists’ concepts.
**
FEATURE FILLEDCONDOS FROMTHE $200’S
lakehouselife.ca
Casablanca Blvd.
HUNTER RD.
North Service Rd.
Winston Rd.
GRIMSBYQEW
SALESOFFICE north service rd.
Winward dr.
Lake Ontario
480 WINSTON ROAD, GRIMSBYMON–THURS: 1PM–6PMFRIDAY: BY APPOINTMENT SAT & SUN: 12PM–5PM
MODEL SUITE &SALES CENTRE HOURS
A SuiteLakesideLifestyle
NOW YOU CAN LIVE
APRIL 15 - MAY 30TH
Special Offer:Includes 6 Months FreeMaintenanceFees
Feature Suite: The Silverlake VI 2 Bedroom + Den - 1055 sq.ft.The Ultimate in Lock & Leave Waterfront Condo Living
Home TypeBungalows from 1,450 sq. ft., and three- and four-bedroom two-storey homes up to 3,076 sq. ft.
Sales Centre251 Pittock Park Rd. (at Oxford Road 17), open Monday to Wednesday 2 to 7 p.m., Saturday and Sunday noon to 6 p.m. All other times by appointment
Home TypeBungalows from 1,450 sq. ft., and three- and four-bedroom two-storey homes up to 3,076 sq. ft.
Sales Centre251 Pittock Park Rd. (at Oxford Road 17), open Monday to Wednesday 2 to 7 p.m., Saturday and Sunday noon to 6 p.m. All other times by appointment
Havelock Corners in WoodstockA good thing is about to get even better
Conservation Area, and overlooking
the winding Thames River. Gorgeous
bungalows from 1,450 sq. ft., and
three- and four-bedroom two-storey
homes up to 3,076 sq. ft. will make
Phase III an outstanding community.
Havelock Corners is rich in
character and distinctive charm. It’s
where homes designed in classic
Olde Ontario-style architecture fit
perfectly within a town that is steeped
in history. Phase I of Havelock
Corners is sold out, but there are
a few homes available for quick
closings in Phase II.
In Havelock Corners’ Phase III,
single-family detached homes on
30 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 31
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32 YPNEXTHOME.CA
032-Senator Homes 04-09-16.indd 32 2016-04-20 6:34 PM
APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 33
033-Menkes 03-12-16.indd 33 2016-04-20 6:34 PM
at the south end of the city, and is
expanding to almost double its size.
Economy
Given Woodstock’s proximity to the
U.S. border in Detroit, it shouldn’t
come as any surprise that its
economy relies on the automotive
industry.
In 2005, Toyota announced plans
to build a new $1.1-billion plant on a
1,000-acre undeveloped site in the
northeast end of the city – the fi rst
new auto assembly plant to be built
in Canada in two decades. Initially,
it was to employ 2,000 people and
begin full production of the Toyota
RAV4 SUV in 2008, with a capacity
of 150,000 vehicles per year. Today,
Toyota’s plants in Woodstock and
down the 401 east at Cambridge
employ about 6,500 people.
Diversifi cation
Realizing that a diversifi ed economy
is important to stability, growth and
protection from the vacillations of
any one industry, manufacturers
recently announced participation in
the local Interactive Manufacturing
Innovation Network (iMiN), part of
the Excellence in Manufacturing
Consortium (EMC).
The Oxford Region iMiN that
will involve Woodstock is designed
to be a fully meshed network
of manufacturers, industry
sectors, community partners,
academic institutions and other
stakeholders, which will grow to
become a province-wide series
of manufacturing networks that
facilitates and promotes awareness,
excellence and innovation.
Transportation
As with any growing community,
Woodstock is also paying attention
to improving transportation in the
area through a Transportation Master
Plan (TMP), under the Municipal
Class Environmental Assessment
process. The objective of the TMP is
to develop a comprehensive plan
that will:
» Review existing transportation and
traffi c operations and downtown
parking facilities
» Review future transportation
system improvements to
accommodate urban growth in the
city, and
» Develop an implementation
strategy to satisfy short-term and
longer-term transportation needs.
Housing
It should come as no surprise that
there’s growing demand for new
home developments. Several builders
are active with new projects in the
area, including Senator Homes with
Havelock Corners, and Claysam
Homes with The Neighbourhoods of
Devonshire.
» Woodstock is home of the Springbank Snow Countess – a Holstein cow that set a world record lifetime butterfat production of 9,062 pounds. The Countess is forever commemorated by a life-sized statue located downtown at the corner of Dundas and Springbank.
» In 2008, the City of Woodstock enacted a comprehensive outdoor smoking bylaw that restricted or banned smoking in parks, recreational fi elds, transit environments, downtown patios and doorways. A study conducted by the University of Waterloo showed the policy was e� ective at reducing smoking in regulated environments, helping some smokers to cut back and supporting smoking cessation.
Interesting Facts
Neighbourhood Profi le
DOWNTOWN WOODSTOCKBeautiful landscaping of homes and public gardens is a point of pride in Woodstock – having won the international Communities in Bloom competition in 2005. It’s a very Green community and an athletic one, with a league for just about every team sport. Artsy, sporty, and friendly, the city hosts several festivals annually.
VibeOffi cially known as the Dairy Capital of Canada, Woodstock is full of fun and lots of festivals. Promoting itself more recently as “The Friendly City,” it’s still fairly bohemian in comparison to nearby Oxford and Brant counties.
Meet the neighboursThere’s an almost perfectly even split between families with kids, couples without children and one-person households, according to the 2011 census. The remaining 20 per cent of the population comprises single-parent families and “other,” which – especially given the presence of a satellite Fanshawe College campus – usually means younger adults with roommates.
In the areaWoodstock has an abundance of greenspaces, including Southside Park. Cowan Park features a full-sized indoor soccer fi eld and elevated track, and nature lovers gravitate to the beautiful trails and lake at the Pittock Conservation Area. Woodstock General Hospital relocated to a brand-new facility in 2011, and its notable features include a helipad and state-of-the-art cancer centre.
Planes, trains & automobilesCommuters love Woodstock for its easy access to Hwys. 403 and 401, which enable residents to commute to Cambridge, K-W, Brantford and London with little diffi culty. It’s a very walkable city if you both live and work downtown. The city has begun implementing an offi cial cycling plan.
The good, the bad & the restEveryone you meet in Woodstock is friendly, and quick to share that observation with strangers. It’s a safe and close-knit community that most residents say they would never consider leaving. It’s a fairly quiet place by night, however, so those seeking fast-paced city excitement will probably have to head to London.
City Focus | WOODSTOCK
IF YOU HAVEN’T BEEN TO WOODSTOCK RECENTLY, you’re in for a bit
of a surprise. This self-proclaimed Dairy Capital of Canada, located
along Hwy. 401 between Kitchener-Waterloo and London, still holds
to its roots in agriculture and manufacturing, but like any forward-
thinking municipality, it also knows the importance of modernizing
for future economic growth.
Take a trip through downtown Woodstock and you’ll see gorgeous
friendly citizens – and even an immortalized Holstein.
The town’s history is not only preserved in its museum and county
courthouse, it is the only municipality in Ontario to still have all of
its original public buildings. Combine that with modern amenities
such as schools, medical facilities, recreational centres and plenty
of greenspace, and you’ll understand why Woodstock is also a town
with a bright future.
With a population of about 36,000, Woodstock is the largest
municipality in Oxford County in Southwestern Ontario, about 122
kilometres southwest of Toronto, just north off Hwy. 401 along the
historic Thames River.
Downtown Woodstock houses the city’s banks, administration
buildings, retailers and several restaurants – with the majority of
buildings a century old. With free two-hour downtown parking,
locals appreciate it’s a great place to shop, work, play and dine. In the
1990s, the city undertook an extensive makeover of the main street,
adding gardens and cobbled sidewalks, which
now host numerous retail promotions and
entertainment in the summer.
Culture
Woodstock doesn’t come alive only in summer,
however. Several popular attractions are held
throughout the year, including the Canadian
Farm Show in September and the Woodstock
Wood Show in October – both a nod to the city’s
roots in agriculture. Then there’s the Woodstock
Fair held at the end of August at the fairgrounds,
which comprises a midway, contests, concerts
and other events. For entertainment of a different
variety, Woodstock is also home to OLG Slots, a
harness race track and the seven-screen movie
theatre, Gallerie Cinemas.
Woodstock has two ice rinks, at the
Community Complex at the south end of the
city, and one at the fairgrounds in the central
region. Woodstock Soccer Club has an indoor
and outdoor soccer park at the north end. For
the aquatically inclined, there are two indoor
swimming pools – Southside Aquatic Centre
and the YMCA – and the outdoor Lions Pool.
Education
Schools are an important part of any
community, and Woodstock has five high
schools, including one catholic and one French.
Fanshawe College also operates a campus
WoodstockTaking root for a healthy future
34 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 35
SWO 04-23-16-master.indd 34 2016-04-21 12:48 PM
at the south end of the city, and is
expanding to almost double its size.
Economy
Given Woodstock’s proximity to the
U.S. border in Detroit, it shouldn’t
come as any surprise that its
economy relies on the automotive
industry.
In 2005, Toyota announced plans
to build a new $1.1-billion plant on a
1,000-acre undeveloped site in the
northeast end of the city – the fi rst
new auto assembly plant to be built
in Canada in two decades. Initially,
it was to employ 2,000 people and
begin full production of the Toyota
RAV4 SUV in 2008, with a capacity
of 150,000 vehicles per year. Today,
Toyota’s plants in Woodstock and
down the 401 east at Cambridge
employ about 6,500 people.
Diversifi cation
Realizing that a diversifi ed economy
is important to stability, growth and
protection from the vacillations of
any one industry, manufacturers
recently announced participation in
the local Interactive Manufacturing
Innovation Network (iMiN), part of
the Excellence in Manufacturing
Consortium (EMC).
The Oxford Region iMiN that
will involve Woodstock is designed
to be a fully meshed network
of manufacturers, industry
sectors, community partners,
academic institutions and other
stakeholders, which will grow to
become a province-wide series
of manufacturing networks that
facilitates and promotes awareness,
excellence and innovation.
Transportation
As with any growing community,
Woodstock is also paying attention
to improving transportation in the
area through a Transportation Master
Plan (TMP), under the Municipal
Class Environmental Assessment
process. The objective of the TMP is
to develop a comprehensive plan
that will:
» Review existing transportation and
traffi c operations and downtown
parking facilities
» Review future transportation
system improvements to
accommodate urban growth in the
city, and
» Develop an implementation
strategy to satisfy short-term and
longer-term transportation needs.
Housing
It should come as no surprise that
there’s growing demand for new
home developments. Several builders
are active with new projects in the
area, including Senator Homes with
Havelock Corners, and Claysam
Homes with The Neighbourhoods of
Devonshire.
» Woodstock is home of the Springbank Snow Countess – a Holstein cow that set a world record lifetime butterfat production of 9,062 pounds. The Countess is forever commemorated by a life-sized statue located downtown at the corner of Dundas and Springbank.
» In 2008, the City of Woodstock enacted a comprehensive outdoor smoking bylaw that restricted or banned smoking in parks, recreational fi elds, transit environments, downtown patios and doorways. A study conducted by the University of Waterloo showed the policy was e� ective at reducing smoking in regulated environments, helping some smokers to cut back and supporting smoking cessation.
Interesting Facts
Neighbourhood Profi le
DOWNTOWN WOODSTOCKBeautiful landscaping of homes and public gardens is a point of pride in Woodstock – having won the international Communities in Bloom competition in 2005. It’s a very Green community and an athletic one, with a league for just about every team sport. Artsy, sporty, and friendly, the city hosts several festivals annually.
VibeOffi cially known as the Dairy Capital of Canada, Woodstock is full of fun and lots of festivals. Promoting itself more recently as “The Friendly City,” it’s still fairly bohemian in comparison to nearby Oxford and Brant counties.
Meet the neighboursThere’s an almost perfectly even split between families with kids, couples without children and one-person households, according to the 2011 census. The remaining 20 per cent of the population comprises single-parent families and “other,” which – especially given the presence of a satellite Fanshawe College campus – usually means younger adults with roommates.
In the areaWoodstock has an abundance of greenspaces, including Southside Park. Cowan Park features a full-sized indoor soccer fi eld and elevated track, and nature lovers gravitate to the beautiful trails and lake at the Pittock Conservation Area. Woodstock General Hospital relocated to a brand-new facility in 2011, and its notable features include a helipad and state-of-the-art cancer centre.
Planes, trains & automobilesCommuters love Woodstock for its easy access to Hwys. 403 and 401, which enable residents to commute to Cambridge, K-W, Brantford and London with little diffi culty. It’s a very walkable city if you both live and work downtown. The city has begun implementing an offi cial cycling plan.
The good, the bad & the restEveryone you meet in Woodstock is friendly, and quick to share that observation with strangers. It’s a safe and close-knit community that most residents say they would never consider leaving. It’s a fairly quiet place by night, however, so those seeking fast-paced city excitement will probably have to head to London.
City Focus | WOODSTOCK
IF YOU HAVEN’T BEEN TO WOODSTOCK RECENTLY, you’re in for a bit
of a surprise. This self-proclaimed Dairy Capital of Canada, located
along Hwy. 401 between Kitchener-Waterloo and London, still holds
to its roots in agriculture and manufacturing, but like any forward-
thinking municipality, it also knows the importance of modernizing
for future economic growth.
Take a trip through downtown Woodstock and you’ll see gorgeous
Specifications subject to change without notice. E. & O.E.
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NWH 042 Sapphire New Homes & Condo Ad_FNL_r1.indd 1 2016-04-11 10:09 AM043-New Horizon 04-23-16.indd 43 2016-04-20 6:34 PM
Property Profile | AVERTON HOMES
SITUATED IN ONE OF ONTARIO’S most
desirable towns, Averton Homes is set
to launch a fabulous new collection
of townhomes right in the heart of
Niagara-on-the-Lake. The newest
addition to the Averton Square
community, the exclusive 25-unit
Averton Homes A new collection of townhomes at Averton Square – one of Niagara-on-the-Lake’s most prestigious addresses
community of townhomes offers
homebuyers the ultimate in home
luxury, design and location.
On Saturday, May 7, homebuyers
will be given an exclusive opportunity
to own a fabulous new townhome
at Averton Square. The launch event
will be held at the Averton Square
sales office with doors opening at
noon sharp.
Following the unprecedented
success of the community’s lowrise
bungalow community, the new
residences are designed to offer
rooms, spacious ensuites and large
second floor retreats.
On one of the last and finest
parcels of land nestled right in
Niagara-on-the Lake, residents have
unique access to many of the town’s
local amenities, including some of the
finest dining/shopping destinations in
Ontario. Dubbed “Canada’s Prettiest
Town,” some of the town’s most
desired attractions include The Shaw
Festival, The Bruce Trail, The Niagara
Peninsula and the world-renowned
Niagara wineries.
For those interested in Averton
Square’s bungalow selection, call
905.378.2500. Six fabulous inventory
homes are still available.
Please join us on Saturday, May 7 at
the Averton Square sales office as we
launch our fabulous new collection
of townhomes. Doors will open at
noon sharp.
The Averton Square Presentation
Centre is located at 120 John St. W.,
Niagara-on-the-Lake. Hours
are Monday to Wednesday
(by appointment only), Thursday
and Friday from noon to 4 p.m.,
Saturday, Sunday and holidays
from noon to 5 p.m. For more
information, call 905.378.2500 or
visit avertonsquare.com
LocationNiagara-on-the-Lake
BuilderAverton Homes
DevelopmentAverton Square
Home TypeTownhomes
Sales Centre120 John St. W., Niagara-on-the-Lake. Hours are Monday to Wednesday (by appointment only), Thursday and Friday from noon to 4 p.m., Saturday, Sunday and holidays from noon to 5 p.m.
Contact905.378.2500avertonsquare.com
homebuyers the best in home design
and innovation.
Nestled on a beautifully landscaped
quiet, tree-lined street, Averton
Square has quickly become one of
the town’s most coveted master-
planned communities. Ranging in size
from 1,990 to 2,259 sq. ft., the new
townhomes will feature designer-
The newest addition to the Averton Square community, the exclusive 25-unit community of townhomes offers homebuyers the ultimate in home luxury, design and location.
inspired interiors with bright, open
concept floor plans.
Townhomes at Averton Square
are available in two-, three- and
four-bedroom layouts. Imbued with
quality craftsmanship throughout,
each home offers superior finishes,
including expansive living spaces,
gourmet kitchens, upstairs laundry
44 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 45
SWO 04-23-16-master.indd 44 2016-04-21 12:48 PM
Property Profile | AVERTON HOMES
SITUATED IN ONE OF ONTARIO’S most
desirable towns, Averton Homes is set
to launch a fabulous new collection
of townhomes right in the heart of
Niagara-on-the-Lake. The newest
addition to the Averton Square
community, the exclusive 25-unit
Averton Homes A new collection of townhomes at Averton Square – one of Niagara-on-the-Lake’s most prestigious addresses
community of townhomes offers
homebuyers the ultimate in home
luxury, design and location.
On Saturday, May 7, homebuyers
will be given an exclusive opportunity
to own a fabulous new townhome
at Averton Square. The launch event
will be held at the Averton Square
sales office with doors opening at
noon sharp.
Following the unprecedented
success of the community’s lowrise
bungalow community, the new
residences are designed to offer
rooms, spacious ensuites and large
second floor retreats.
On one of the last and finest
parcels of land nestled right in
Niagara-on-the Lake, residents have
unique access to many of the town’s
local amenities, including some of the
finest dining/shopping destinations in
Ontario. Dubbed “Canada’s Prettiest
Town,” some of the town’s most
desired attractions include The Shaw
Festival, The Bruce Trail, The Niagara
Peninsula and the world-renowned
Niagara wineries.
For those interested in Averton
Square’s bungalow selection, call
905.378.2500. Six fabulous inventory
homes are still available.
Please join us on Saturday, May 7 at
the Averton Square sales office as we
launch our fabulous new collection
of townhomes. Doors will open at
noon sharp.
The Averton Square Presentation
Centre is located at 120 John St. W.,
Niagara-on-the-Lake. Hours
are Monday to Wednesday
(by appointment only), Thursday
and Friday from noon to 4 p.m.,
Saturday, Sunday and holidays
from noon to 5 p.m. For more
information, call 905.378.2500 or
visit avertonsquare.com
LocationNiagara-on-the-Lake
BuilderAverton Homes
DevelopmentAverton Square
Home TypeTownhomes
Sales Centre120 John St. W., Niagara-on-the-Lake. Hours are Monday to Wednesday (by appointment only), Thursday and Friday from noon to 4 p.m., Saturday, Sunday and holidays from noon to 5 p.m.
Contact905.378.2500avertonsquare.com
homebuyers the best in home design
and innovation.
Nestled on a beautifully landscaped
quiet, tree-lined street, Averton
Square has quickly become one of
the town’s most coveted master-
planned communities. Ranging in size
from 1,990 to 2,259 sq. ft., the new
townhomes will feature designer-
The newest addition to the Averton Square community, the exclusive 25-unit community of townhomes offers homebuyers the ultimate in home luxury, design and location.
inspired interiors with bright, open
concept floor plans.
Townhomes at Averton Square
are available in two-, three- and
four-bedroom layouts. Imbued with
quality craftsmanship throughout,
each home offers superior finishes,
including expansive living spaces,
gourmet kitchens, upstairs laundry
44 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 45
SWO 04-23-16-master.indd 45 2016-04-21 12:48 PM
Averton.caLearn more @
Prices and specifications are subject to change without notice. E. & O.E. Rendering’s are artist’s concept.
Follow us on
in Niagara-on-the-Lake
The Spring Inventory Sales EventIncredible Inventory Bungalows from 1,357 to 1,756 sq. ft. Priced from the mid $600’s.
At Averton Square you’ll be
living the dream right in the
heart of Niagara-on-the-Lake,
steps from the charming shops,
restaurants and theatres.
See for yourself two spectacular designer decorated model homes!
Sales office is located at 120 John Street West, Niagara-on-the-Lake. 905.378.2500
New Luxury Townhomes coming soon! Fabulous townhome designs from 1,920 sq.ft.
NEW THIS SPRING
LUXURYLIVING
AVER-SQU-A-AD-NHC_SW-APR18-1.indd 1 4/19/16 10:54 AM
• 2 designer model homes open to view• Stunning ravine lots located next to the Norfolk Country Club• Distinctive floorplans ranging from 1330-1500 sq.ft. with double car garages • Standards include hardwood and ceramic flooring, elegant tray ceilings upgraded kitchen
cabinetry, quartz countertops and spacious islands
Mattamy Homes breaks ground on The Residences of Creekshore Common
MORE TRENDING ONLINEnexthome.yp.ca/news
vibrant, pedestrian-oriented, mixed-
use urban community.”
The Residence of Creekshore
Common explores a new, modern
architectural style, with layouts ranging
from 925 to 1,188 sq. ft., and prices
ranges starting at $405,990. Features
and amenities of the building include:
» Standard, high-end fi nishes
throughout
» Floor-to-ceiling windows
» Nine-ft. ceilings and 14-ft.
penthouse ceilings
» Granite kitchen surfaces
» Superior hardware throughout
» Stylish pendant lighting
» Spacious master bedroom with
double-sink ensuite, glass shower
and grand walk-in closet
» Large balconies, patios, and
terraces
» Fitness centre and pet spa on-site
» Common Lounge for personal
event space or as a common
gathering place.
» Rooftop terrace with barbecues for
the use of all residents
The design for The Residences of
Creekshore Common challenges
traditional expectations of midrise
living. “Projecting planes in
combination with fl oor-to-ceiling glass
and “wide and shallow suite layouts”
increases natural light to all living
spaces and provides new opportunities
in contemporary architectural
language,” says Frances Martin-
DiGiuseppe, principal architect, Q4
Architects Inc. – the award-winning
fi rm that designed The Residences of
Creekshore Common.
The community is an extension
of The Preserve and is located on
the north side of Dundas Street,
west of Sixth Line. Situated between
two large ponds and directly next
to a naturalized channel, it shares
physical and visual relationships with
neighborhood nodes, community
parks and Oakville’s Natural Heritage
System. It was designed to be
walkable, cycle-friendly and transit-
oriented in order to promote active
and healthy living. The community
is convenient to the necessities of
modern urban living, including:
» Grocery stores
» Banks
» Pubs and fi ne dining
» Shopping
» Schools
» Neighbourhood parks
» Quick and easy access to the QEW,
401, 407, Oakville GO station
Sustainability was an important
design aspect for The Residences
of Creekshore Common. The
community plan is effi cient in
delivering medium-density housing
in a small parcel of land while
preserving physical relationships
as well as expansive views to the
Natural Heritage System, adjacent
Munn’s Creek, and Oakville landscape
beyond. Incorporated water-based
subsystems support surrounding
picturesque ponds while sloped
planted landscapes slow surface
run-off to neighbouring sites. South-
facing rooms are shaded by large
overhangs reducing heat load. Locally
produced prefabricated wall, fl oor
and roof panels create effi ciencies
and reduce waste.
The Residences of Creekshore
Common are currently for sale,
with occupancy anticipated for the
summer of 2017.
For more information, visit
mattamyhomes.com
48 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 49
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AWARD-WINNING BUILDER Mattamy
Homes has broken ground on
construction of its latest Oakville
community: The Residences of
Creekshore Common. This unique
collection of upscale, boutique
condominiums will provide a variety
of modern living options for those
looking to make their home in one of
Oakville’s most desirable addresses.
Mattamy, which has grown into
North America’s largest privately
owned home builder, has its
roots in the Oakville area and has
been building in the Town since
1980, with nearly 5,000 homes
in 13 communities. This includes
Mattamy’s flagship community of
The Preserve in North Oakville,
Trending
which opened for sale in 2014.
To date, all these homes have
been lowrise; The Residences of
Creekshore Common represents
the company’s first midrise building
in Oakville.
“Our objective with this community
was to establish a new benchmark
for architectural excellence in North
Oakville,” says Jill Lalonde, vice-
president, sales and marketing, for
Mattamy’s Halton-Hamilton division.
“We wanted to create something
unique, and engage the future
Dundas Urban Corridor in a bold
manner, setting a precedent for future
development. We can’t wait to see
families calling The Residences at
Creekshore Common home. This will
be the first of many future projects of
this nature for Mattamy Homes.”
Oakville Mayor Rob Burton, along
with Regional and Town Councillor
Jeff Knoll, joined representatives of
Mattamy Homes on April 5, 2016,
to officially break ground on the
development. “This unique, vibrant
new community is the kind of
addition to our town that all Oakville
residents stand to benefit from,”
said Burton. “It’s a positive step in
bringing the Dundas Urban Corridor
to life and contributing to an even
more livable Oakville.”
Councillor Knoll echoed the Mayor’s
comments: “Mattamy’s vision for the
property is perfectly aligned with our
desire for the Dundas Corridor to be a
Mattamy Homes breaks ground on The Residences of Creekshore Common
MORE TRENDING ONLINEnexthome.yp.ca/news
vibrant, pedestrian-oriented, mixed-
use urban community.”
The Residence of Creekshore
Common explores a new, modern
architectural style, with layouts ranging
from 925 to 1,188 sq. ft., and prices
ranges starting at $405,990. Features
and amenities of the building include:
» Standard, high-end fi nishes
throughout
» Floor-to-ceiling windows
» Nine-ft. ceilings and 14-ft.
penthouse ceilings
» Granite kitchen surfaces
» Superior hardware throughout
» Stylish pendant lighting
» Spacious master bedroom with
double-sink ensuite, glass shower
and grand walk-in closet
» Large balconies, patios, and
terraces
» Fitness centre and pet spa on-site
» Common Lounge for personal
event space or as a common
gathering place.
» Rooftop terrace with barbecues for
the use of all residents
The design for The Residences of
Creekshore Common challenges
traditional expectations of midrise
living. “Projecting planes in
combination with fl oor-to-ceiling glass
and “wide and shallow suite layouts”
increases natural light to all living
spaces and provides new opportunities
in contemporary architectural
language,” says Frances Martin-
DiGiuseppe, principal architect, Q4
Architects Inc. – the award-winning
fi rm that designed The Residences of
Creekshore Common.
The community is an extension
of The Preserve and is located on
the north side of Dundas Street,
west of Sixth Line. Situated between
two large ponds and directly next
to a naturalized channel, it shares
physical and visual relationships with
neighborhood nodes, community
parks and Oakville’s Natural Heritage
System. It was designed to be
walkable, cycle-friendly and transit-
oriented in order to promote active
and healthy living. The community
is convenient to the necessities of
modern urban living, including:
» Grocery stores
» Banks
» Pubs and fi ne dining
» Shopping
» Schools
» Neighbourhood parks
» Quick and easy access to the QEW,
401, 407, Oakville GO station
Sustainability was an important
design aspect for The Residences
of Creekshore Common. The
community plan is effi cient in
delivering medium-density housing
in a small parcel of land while
preserving physical relationships
as well as expansive views to the
Natural Heritage System, adjacent
Munn’s Creek, and Oakville landscape
beyond. Incorporated water-based
subsystems support surrounding
picturesque ponds while sloped
planted landscapes slow surface
run-off to neighbouring sites. South-
facing rooms are shaded by large
overhangs reducing heat load. Locally
produced prefabricated wall, fl oor
and roof panels create effi ciencies
and reduce waste.
The Residences of Creekshore
Common are currently for sale,
with occupancy anticipated for the
summer of 2017.
For more information, visit
mattamyhomes.com
48 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 49 49
SWO 04-23-16-master.indd 49 2016-04-21 12:48 PM
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying
property. He can be reached at [email protected] or follow him on Twitter at Twitter.com/WayneKarl
By Wayne Karl
Advice | FUNDAMENTALLY SPEAKING
IMAGINE A HOUSE of cards – or a
game of Jenga – where one wrong
move could cause everything to
come crashing down. This is the fear
some have when it comes to foreign
investors in Canadian real estate.
The concern is that foreign buyers–
those who live elsewhere but buy
properties in Canada and rent them
out – are driving up home prices,
particularly in hot markets such as
Vancouver and Toronto. This o� shore
demand is leading to, some believe,
an artifi cial and unsustainable market
which could cause a crash if for any
reason these owners pulled out or
sold their homes en masse.
“People are concerned that foreign
buyers are coming in and buying too
many properties and driving the prices
up,” Ben Myers, senior vice-president,
market research and analytics at
Fortress Real Developments, told New
Home Guide. “That is the big concern.”
Canada Mortgage and Housing
Corp. is taking steps to address this
“data gap,” by scheduling meetings
with industry stakeholders and other
measures. In Budget 2016, Prime
Minister Justin Trudeau promised to
get a better handle on the issue.
Some of these foreign buyers are
paying cash – given that Canadian
properties are a relative bargain
compared to prices back home
for Chinese buyers, for example.
This means they’re not borrowing
from Canadian banks or requiring
insurance from CMHC, further
contributing to the dearth of data.
Without such transparency, it could
fall on real estate agents and lawyers
to report such transactions.
The problem with this scenario,
points out Don R. Campbell, well
known real estate investor and
author, is that “data without action
or policy is just knowledge.” There is
nothing currently in place preventing
foreigners from purchasing Canadian
real estate.
“I’m a stats guy,” adds Myers.
“I’d love to see the information,
but I think we have a pretty good
idea that residential real estate
sales activity to non-domestic
buyers is pretty isolated to Toronto
and Vancouver. Should Canadian
taxpayers in every other metro
area be on the hook for the cost
of collecting this info?
“If we fi nd out foreign buyers own
1.2 per cent of Canadian residential
dwellings – 3.5 per cent in Toronto
units and 6.1 per cent in Vancouver –
then what? How much will it cost to
take the next steps?
“Even if you had the proper data
and the world’s best econometricians,
you could never know what a home
would have sold for if a foreign
purchaser didn’t buy it,” says Myers.
Campbell says any such data would
be “incredibly inaccurate, given the
many ways in which the ultimate
purchaser can hide who is buying.”
He also points out that The
Personal Information Protection and
Electronic Documents Act (PIPEDA)
could limit any disclosure. PIPEDA
sets out ground rules for how private
sector organizations may collect, use
or disclose personal information in
the course of commercial activities.
Why we need context, not just data, on foreign investors
MORE ADVICE ONLINEnexthome.yp.ca/waynekarl
50 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 51 50 YPNEXTHOME.CA
SWO 04-23-16-master.indd 50 2016-04-21 12:48 PM
Compare mortgage rates for your best dealCHARTERED BANKS variable 6 months 1 year 2 years 3 years 4 years 5 years
Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.
R.O.R. = RATES ON REQUEST op = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE
April 11, 2016. Prepared By http://www.FiscalAgents.com/mortgage/rates
OTHER FINANCIAL INSTITUTIONS
TRUST COMPANIES
ATB Financial 2.6 4 2.94 2.64 2.49 2.64 2.74
4.00op 4.00op 4.00op
Alterna Bank 2.35 4 2.85 2.09 2.59 2.74 2.58
6.30op 6.30op
Bank of Montreal 2.7 4 2.89 2.99 3.39 3.89 2.69
6.75op 6.75op
Bank of Nova Scotia 2.9 4.55 3.29 3.09 3.39 3.89 4.49
6.45op 6.50op
Canadian Western Bank 4 3.14 3.04 3.65 4.2 4.74
6.45op 6.30op
CIBC 2.7 2.84 2.79 2.59 4.09 4.79
6.95op 6.35op
Equitable Bank 3.14 3.04 3.65 4.39 4.64
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 2.89
3.20op
National Bank n/a 4.4 3.14 3.04 3.39 2.74 2.84
6.70op 6.70op
President’s Choice Fina 2.70 2.79 3.34 3.99 4.44
Royal Bank 2.6 3.14 2.39 2.54 4.39 4.64
6.75op 6.75op
TD Canada Trust 2.6 2.99 2.84 2.39 3.89 2.69
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 4.64
Effort Trust n/a 4.45 3.35 3.5 3.7 4.3 4.35
6.30op 6.30op
Home Trust Company 2.35 3.95 2.69 2.14 2.34 2.59 2.59
Investors Group Trust n/a 4.2 3.14 3.09 3.39 3.89 2.74
6.50op 6.30op
MTCC 2.9 4.55 3.29 3.09 3.39 3.89 4.49
6.45op 6.50op
Alterna Savings 2.35 4 2.85 2.09 2.59 2.74 2.58
6.30op 6.30op
Comtech Credit Union 2.45 6.2 2.84 2.89 2.95 2.99 2.89
6.40op 6.30op
First National Fin. LP 3.1 2.29 2.24 2.49 2.64 2.69
IC Savings 2.7 4.25 2.89 2.79 2.89 2.95 2.89
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 2.4 4 2.84 2.79 3.39 3.89 2.59
6.30op
PACE Savings & C.U. 5 2.99 2.69 3.49 3.99 4.64
6.70op 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
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying
property. He can be reached at [email protected] or follow him on Twitter at Twitter.com/WayneKarl
By Wayne Karl
Advice | FUNDAMENTALLY SPEAKING
IMAGINE A HOUSE of cards – or a
game of Jenga – where one wrong
move could cause everything to
come crashing down. This is the fear
some have when it comes to foreign
investors in Canadian real estate.
The concern is that foreign buyers–
those who live elsewhere but buy
properties in Canada and rent them
out – are driving up home prices,
particularly in hot markets such as
Vancouver and Toronto. This o� shore
demand is leading to, some believe,
an artifi cial and unsustainable market
which could cause a crash if for any
reason these owners pulled out or
sold their homes en masse.
“People are concerned that foreign
buyers are coming in and buying too
many properties and driving the prices
up,” Ben Myers, senior vice-president,
market research and analytics at
Fortress Real Developments, told New
Home Guide. “That is the big concern.”
Canada Mortgage and Housing
Corp. is taking steps to address this
“data gap,” by scheduling meetings
with industry stakeholders and other
measures. In Budget 2016, Prime
Minister Justin Trudeau promised to
get a better handle on the issue.
Some of these foreign buyers are
paying cash – given that Canadian
properties are a relative bargain
compared to prices back home
for Chinese buyers, for example.
This means they’re not borrowing
from Canadian banks or requiring
insurance from CMHC, further
contributing to the dearth of data.
Without such transparency, it could
fall on real estate agents and lawyers
to report such transactions.
The problem with this scenario,
points out Don R. Campbell, well
known real estate investor and
author, is that “data without action
or policy is just knowledge.” There is
nothing currently in place preventing
foreigners from purchasing Canadian
real estate.
“I’m a stats guy,” adds Myers.
“I’d love to see the information,
but I think we have a pretty good
idea that residential real estate
sales activity to non-domestic
buyers is pretty isolated to Toronto
and Vancouver. Should Canadian
taxpayers in every other metro
area be on the hook for the cost
of collecting this info?
“If we fi nd out foreign buyers own
1.2 per cent of Canadian residential
dwellings – 3.5 per cent in Toronto
units and 6.1 per cent in Vancouver –
then what? How much will it cost to
take the next steps?
“Even if you had the proper data
and the world’s best econometricians,
you could never know what a home
would have sold for if a foreign
purchaser didn’t buy it,” says Myers.
Campbell says any such data would
be “incredibly inaccurate, given the
many ways in which the ultimate
purchaser can hide who is buying.”
He also points out that The
Personal Information Protection and
Electronic Documents Act (PIPEDA)
could limit any disclosure. PIPEDA
sets out ground rules for how private
sector organizations may collect, use
or disclose personal information in
the course of commercial activities.
Why we need context, not just data, on foreign investors
MORE ADVICE ONLINEnexthome.yp.ca/waynekarl
50 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 51
SWO 04-23-16-master.indd 51 2016-04-21 1:33 PM
Ad Index
ADVERTISERS
Averton Homes - Averton Square 46
Bayview Wellington - Victoria Village 4
Bayview Wellington - Passages on the Canal 5
Branthaven Homes - Lakehouse 28 & 29
Carriage Gate Homes - Legacy in Ancaster 40
Claysam Homes - Multi-Site 19
Coletara Developments - Liberty Square 26
Countrygreen Homes - Westwood Mews 7
Empire Communities - Summerlea Woods 2 & 3
Homes by DeSantis - Aquazul 11
Losani Homes - Falling Waters 6
Mattamy Homes - The Preserve 54 & 55
Menkes Developments - Enclaves of Upper Canada 33
Mountainview Homes - Lyon’s Creek 9
New Horizon - Sapphire 43
Phelps Homes - Multi-Site 42
Reid’s Heritage Homes - Clairity BC
Reid’s Heritage Homes - Inverlyn Lake Estates 22 & 23
Senator Homes - Havelock Corners 32
Sifton - Corporate 27
Silvergate Homes - Victoria Woods 36
Thomas Cochren Homes - The Greystones 41
Tillsonburg Developments - Baldwin Place 18
Vanel - Sihler Woods 47
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How new arenas boost real estate values
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10 top malls in Canada — and a reason to buy near them
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nexthome.yp.ca/lucky-realestate
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52 YPNEXTHOME.CA APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 53
SWO 04-23-16-master.indd 52 2016-04-21 12:48 PM
What’s Online
The latest real estate news from across Canada
Trending now
Visit our website:
Twitter@ypnexthome
@ypnexthome_SWO
Facebookypnexthome
Instagramypnexthome
Pinterestypnexthome
Want more great articles like this delivered directly to your inbox?
TREB: What does it cost to live in the GTA?
How new arenas boost real estate values
SIGN UP FOR OUR NEWSLETTER
nexthome.yp.ca/newsletter
Need a little luck to fi nd that perfect home?
nexthome.yp.ca/treb-report
READ THE STORY ONLINE
10 top malls in Canada — and a reason to buy near them
READ THE STORY ONLINE
nexthome.yp.ca/lucky-realestate
READ THE STORY ONLINEnexthome.yp.ca/malls-in-Canada
nexthome.yp.ca/new-arenas
READ THE STORY ONLINE
APR 23 - MAY 7, 2016 | NEW HOME & CONDO GUIDE SWO 53
SWO 04-23-16-master.indd 53 2016-04-20 5:22 PM
MATOTTAWA - RCC - SW New Homes & Condos - Magazine Due: 19/04/2016
File Name: MATHAMILTONHAL-RCC_SWNHnC_DPS_Mag Publication: SW New Homes & Condos
Trim: 7.5” x 10.5” Safety/V.O.: .25” DPI: 300
Bleed: 0.125” Colours: CMYK Built: 18/04/2016 - SH
All illustrations are artist’s concept. All dimensions are approximate. Prices, specifi cations, terms and conditions subject to change without notice. E.&O.E.
SALES CENTRE HOURS Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm
DETACHED MODEL HOME HOURS Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm
MATTAMYHOMES.COM
EXPLORE TWO EXCEPTIONAL WAYS TO LIVE ELEGANTLY IN MATTAMY’S
OAKVILLE COMMUNITIES
OAKVILLE
Register for updates now MATTAMYHOMES.COM
We’re proud to announce we’ve just broken
ground on our Boutique Condo Building in
the Residences of Creekshore Common.
Come explore more upscale features. Plus
more room to live, play, sleep, and entertain.
Discover every way you deserve more.
THE RESIDENCES OF CREEKSHORE COMMON OFFER YOU MORE SPACE & MORE LUXURIOUS FEATURES
Boutique Condo Residence
From $405,990
SALES CENTRE1388 Dundas Street West
MORE SPACIOUS SUITES FROM925 SQ.FT. TO 1,188 SQ.FT.
BALCONIES 4-TIMES LARGER THANTHE OAKVILLE CONDO AVERAGE,UP TO 461 SQ.FT.
A KING SIZE BEDFITS COMFORTABLY IN EVERYMASTER BEDROOM
ENTERTAIN IN THE COMMONLOUNGE & ROOF TOP TERRACE
AMENITIES INCLUDE AFITNESS FACILITYAND A LUXURIOUS,INVITING LOBBY
MATOTTAWA - RCC - SW New Homes & Condos - Magazine Due: 19/04/2016
File Name: MATHAMILTONHAL-RCC_SWNHnC_DPS_Mag Publication: SW New Homes & Condos
Trim: 7.5” x 10.5” Safety/V.O.: .25” DPI: 300
Bleed: 0.125” Colours: CMYK Built: 18/04/2016 - SH
All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
SALES CENTRE HOURS Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm
DETACHED MODEL HOME HOURS Monday - Thursday 1 pm-7:30 pm; Friday 1 pm-5:30 pm; Saturday, Sunday and Holidays 11 am-5:30 pm
MATTAMYHOMES.COM
EXPLORE TWO EXCEPTIONAL WAYS TO LIVE ELEGANTLY IN MATTAMY’S
OAKVILLE COMMUNITIES
OAKVILLE
Register for updates now MATTAMYHOMES.COM
We’re proud to announce we’ve just broken
ground on our Boutique Condo Building in
the Residences of Creekshore Common.
Come explore more upscale features. Plus
more room to live, play, sleep, and entertain.
Discover every way you deserve more.
THE RESIDENCES OF CREEKSHORE COMMON OFFER YOU MORE SPACE & MORE LUXURIOUS FEATURES
Boutique Condo Residence
From $405,990
SALES CENTRE1388 Dundas Street West
MORE SPACIOUS SUITES FROM 925 SQ.FT. TO 1,188 SQ.FT.
BALCONIES 4-TIMES LARGER THAN THE OAKVILLE CONDO AVERAGE, UP TO 461 SQ.FT.
A KING SIZE BEDFITS COMFORTABLY IN EVERY MASTER BEDROOM
ENTERTAIN IN THE COMMON LOUNGE & ROOF TOP TERRACE
AMENITIES INCLUDE A FITNESS FACILITY AND A LUXURIOUS, INVITING LOBBY