GTA New Home Guide - Apr 18, 2015

Apr 18 - May 2, 2015 Volume 23 Issue 08

INSIDE THIS ISSUE

THE BENEFITS OF BUYING A NEW HOME

MORTGAGE INSURANCEPREMIUMS ON THE RISE

WHATS IN A NEW-HOME WARRANTY?

fold

6.875" x 10.5" OGFfold

ASPIRE to loving your homein brampton

aspenridgehomes.com

NOW OPENBRADFORD Dream elds Presentation Centre & 2 Model Homes 905.551.1631

BRAMPTON Credit Manor HeightsPresentation Centre & Model Home 905.216.5155

BRAMPTONMay eld VillagePresentation Centre 905.230.2592

KLEINBURGKleinburg HillsPresentation Centre & 2 Model Homes 905.552.0678

NOBLETON King Country EstatesPresentation Centre & 2 Model Homes 905.558.0255

RICHMOND HILLKettle Lakes ClubPresentation Centre & 4 Model Homes 289.234.1064

WATERDOWNWaterdown MeadowsPresentation Centre905.690.2224

MORE INFO ATaspenridgehomes.com

COMING SOONKESWICKSimcoe Landing Phase 2

MARKHAMUnion

QUEENSVILLEQueensville

VAUGHANChelsea

VAUGHANUpper West Side Phase 2

REGISTER ATaspenridgehomes.com

6.875 x 10.5 IGF 7.25 x 10.5 IFC 7.5 x 10.5fold

aspen ridge homes. prices and specifications are subject to change. See sales representative for details. all rights reserved. e.&o.e. march 2015.

ASPIREto loving

yourCommunity.

great care has been taken to preserve the natural features of the area. a naturalized water channel is the centrepiece of the community. in addition, six new local parks will offer playground space and playing fields for active families.

PRESENTATION CENTRE NOW OPEN4575 Mayfield Road, Brampton

Towns from the $360sSemis from the $500s | Singles from the $650s

905.230.2592 | aspenridgehomes.comAspire to great design.

ASPIRE to being CloSerto everything.Mayfield Village is Aspen Ridges newest and brightest addition to brampton. in this master-planned community inviting streetscapes create a modern look while still retaining the charm of the areas small-town past. this pedestrian-oriented community has a decidedly urban feel and every home is within walking distance of brampton transit service.

Now Open!

visit the presentation Centre east of Dixie rd. on may eld rd., brampton.

aspenridgehomes.com

2 NEW HOME GUIDE GTA | APR 18 - MAY 2, 2015 APR 18 - MAY 2, 2015 | NEW HOME GUIDE GTA 3

contentsAPRIL 18 MAY 2, 2015 || VOLUME 23 ISSUE 8

community focus features 24 Brampton

Fieldgate Homes Early Closing Sales Event at Valleylands in Brampton

48 Brampton Queensgate Avalee Register now for best selection at Vales of the Humber

60 Toronto Decade Homes Yorkdale Village Phase II more than 60 per cent sold

ON THE COVER

p. 32COUNTRYWIDE

HOMES Home building excellence meets

the highest levels of expertise, customer service and style


INSIDE THIS ISSUE




regular and special featuresIN EVERY ISSUE

4 Editors Note 10 Contributors 56 Hot Dates 102 Ad Index

COLUMNISTS

14 BILD Report Theres just something about a brand new home by Bryan Tuckey

20 Fundamentally Speaking Whats in a new-home warranty? by Wayne Karl


contentsAPRIL 18 MAY 2, 2015 || VOLUME 23 ISSUE 8

community focus features 24 Brampton

Fieldgate Homes Early Closing Sales Event at Valleylands in Brampton

48 Brampton Queensgate Avalee Register now for best selection at Vales of the Humber

60 Toronto Decade Homes Yorkdale Village Phase II more than 60 per cent sold

ON THE COVER

p. 32COUNTRYWIDE

HOMES Home building excellence meets

the highest levels of expertise, customer service and style


INSIDE THIS ISSUE




regular and special featuresIN EVERY ISSUE

4 Editors Note 10 Contributors 56 Hot Dates 102 Ad Index

COLUMNISTS

14 BILD Report Theres just something about a brand new home by Bryan Tuckey

20 Fundamentally Speaking Whats in a new-home warranty? by Wayne Karl

48

24

60

34 Mortgage Advice Is the lowest rate always best for your mortgage? by Alyssa Richard

38 Taxing Issues Selling an investment property by Henry Choo Chong

44 Make Your Move Five tips to make moving cleaner and Greener by Chuck Resnick

46 Quick Tips Seasonal switch-up: make way for spring! by Hellen Buttigieg

54 Legally Speaking Title insurance: what is it and why do you need it? by Jayson Schwarz

HOMEBUYERS HELP

95 Resource Section Mortgage Calculator and Rate Table

99 GTA Hot Sheet Two pages of new openings, new releases and preview registrations

IN THE NEWS

42 Mortgages Mortgage costs about to rise from some Canadians

64 Fieldgate Homes Celebrating the success of 90 Niagara midrise condo

76 Oakvillage Oakville townhomes see great success at preview sales event

78 Homes by DeSantis Luxury living brought to the lake in Grimsby


Mother Nature clearly is a tough nut. At time of writing mid-April, no less temperatures were only just now beginning to warm up in the GTA.

Indeed, an unusually harsh winter has already delayed the start of the spring real estate season in some markets, while low inventory is leading to signi cant price increases in areas where supply isnt keeping pace with demand. Meanwhile, an improving economy in Ontario is leading to growing consumer con dence, creating a strong foundation for residential real estate growth.

Spring cant come soon enough, in more ways than one.

Also at press time the day before the Bank of Canadas April 15 interest rate announcement mortgage rates remain at historically low levels.

Collectively, these conditions are producing a bit of a perfect storm of opportunity for homebuyers in Ontario.

e new home market also stands to bene t. Demand is high and supply in some areas and housing types may be limited, but for buyers who are well nanced, well prepared and ready to act fast, new home purchases this spring will likely prove to be wise decisions.

Preparing for busy seasonAfter a harsh winter, healthy conditions have GTA real estate primed for a feverish spring

Think you cant afford a home?Its likely more affordable than you fi rst thought

Much like that bank commercial that says, Youre richer than you think, a new home may be more a ordable than you originally thought. Perhaps you need only to change your de nition of home to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among rst-time buyers and empty nesters in the market for new place to call home.

Not only does townhouse and condominium living a ord you the opportunity to live in a prime neighbourhood at a great starting price, when its time to move you can often opt

to remain in the same neighbourhood, since many communities o er a mix of designs and sizes, which allows families to relocate easily without having to change jobs or schools.

Todays communities generally have a range of sizes and prices that start at the affordable end of the price spectrum. Many builders and developers are gearing up for their grand openings and have new communities available for quick occupancy. Its an exciting time to be shopping for a new place, so dont miss this excellent buying opportunity.

Have a look through this issue and see what you think. e home of your dreams is waiting.

//EDITORS NOTE

WAYNE KARL EDITOR Yellow Pages [email protected]

Follow me on Twitter at Twitter.com/WayneKarlLike us on Facebook. Search: New Home Guide

SUSAN LEGGE EDITOR-IN-CHIEF Yellow Pages NextHome [email protected]

Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook. Search: New Home Guide

ParadiseDevelopments.com

With four di erent communities in the GTA,

Paradise Developments has something for everyone.Paradise Developments has something for everyone.

PARADISE DEVELOPMENTS SALES CENTRE HOURS: MON. - THURS.: 1 PM - 8 PM, FRIDAY: CLOSED, SAT. & SUN.: 11 AM - 6 PM

WHITBY | COMING SOONWHITBY MEADOWS

Towns, Semis & Detached homescoming soon in a Master Planned Community.

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BRAMPTON | NEW RELEASE APRIL 18 AT 11 AM SHARP UPPER MOUNT PLEASANT

KLEINBURG | PHASE 2 NEW RELEASE IMPRESSIONS OF KLEINBURG

A select group of inventory homes are available now at special prices.


Prices and specifi cations are subject to change without notice. E. & O.E.

PARA-MUL-A-AD-NHC-MAR24-2.indd 1 2015-03-24 1:32 PM

menkes.com

Your Life Storey always comes rst.For the last sixty years, Menkes has been a central chapter in the Life Storeys of so many. Menkes has always focused on building

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Toronto Area that exude this companys trademark character, charm and lasting value. Come home to Menkes today, where

your Life Storey always begins and ends with total customer satisfaction.

menkes.comFacebook.com/MenkesLife @MenkesLife

menkes.comPrices and speci cations are subject to change. E.&O.E. March 2015.

NEW RELEASE

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NEW RELEASE

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Starting from the mid $500s 416.259.2525

NEW RELEASE

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Starting from the mid $700s 289.891.9103

FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM

All illustrations are artists 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 1pm - 6 pm; Saturday, Sunday and Holidays 11am - 6pm

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EASY ACCESS TO TRANSIT, RECREATION, SCHOOLS, AND SHOPPING.

MATGTA - MH - All Sites - New Homes & Condos - DPS Due: 08/04/15

File Name: MATGTA-MPN_NHnC_DPS Publication: NH&C

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Bleed: NA Colours: CMYK Built: 07/04/2015 JND

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8 NEW HOME GUIDE GTA | APR 18 - MAY 2, 2015

FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM

All illustrations are artists 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 1pm - 6 pm; Saturday, Sunday and Holidays 11am - 6pm

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Detached Homes From $432,990

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ELEV. C

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EASY ACCESS TO TRANSIT, RECREATION, SCHOOLS, AND SHOPPING.

MATGTA - MH - All Sites - New Homes & Condos - DPS Due: 08/04/15

File Name: MATGTA-MPN_NHnC_DPS Publication: NH&C

Trim: 7.5" x 10.5" Safety/V.O.: Not Specified DPI: 300

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APR 18 - MAY 2, 2015 | NEW HOME GUIDE GTA 9


contributorsNEW HOME GUIDE

BILD REPORT BRYAN TUCKEYBryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILDs official online blog (bildblogs.ca)

TAXING ISSUES HENRY CHOO CHONG, CGAHenry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Send your tax questions via email to Taxing Issues at: [email protected]

LEGALLY SPEAKING JAYSON SCHWARZ Schwarz Law -Barristers and Solicitors

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at [email protected] or phone at 416.486.2040

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan LeggeDIRECTOR OF SALES, NATIONAL

Moe LalaniSALES MANAGER NEW HOME GUIDE GTA, NEW CONDO GUIDE, HOME DECOR & RENOVATIONS

Conni RobinsonASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE SWO, LIFESTYLE COMMUNITIES

Susan Maxwell ART DIRECTOR

Tammy Leung

EDITOR

Wayne KarlCONTRIBUTING EDITORS

Sara Duck (on leave) Elisa Krovblit, Lydia McNutt

SENIOR ACCOUNT EXECUTIVE

Nina Downs [email protected] SENIOR ACCOUNT EXECUTIVE Dionne Fraser [email protected] & MARKETING CO-ORDINATOR

Terry BassettDISTRIBUTION & SALES CO-ORDINATOR

Jennifer BistronADMINISTRATIVE ASSISTANT

Antoinette Jackson

PRODUCTION MANAGER

Bala GnanapandithanPRODUCTION CO-ORDINATOR

Sandra Hanak-VujnovicGRAPHIC DESIGNERS Miguel Cea, Mike Terentiev

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867NewHomeAndCondoGuide.ca ADVERTISING Call 416.626.4200 for advertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Ltd., Toronto, Ont. 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.TERMS Advertisers, Editorial content 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 editor at [email protected]

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.

QUICK TIPS HELLEN BUTTIGIEG Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, weorganizeu.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or [email protected]

MAKE YOUR MOVE CHUCK RESNICKis Vice-President of Marketing and Operations, Two Men and a Truck Canada. twomenandatruck.ca

MORTGAGE ADVICE ALYSSA RICHARDis the Founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

Published by

madisonhomes.caGet Social with us: @ mymadisonhome mymadisonhome

*Prices and specifi cations are subject to change without notice. E. & O. E. See Sales Representative for details.

MARKHAM

GRAND OPENINGLuxury Bonus PackageSingles on 41 & 45 lots

from $1 MillionSALES OFFICE

4 Green Hollow Court (9th line and Bur Oak)905-201-7700

MARKHAM

NEW RELEASE AND DESIGNS Freehold Townhomes

from the $600s Singles on 30, 36 & 40 lots

from the $800sSALES OFFICE

655 Cornell Centre Blvd. (at 16th Avenue)905-472-7667

THORNHILL

Luxury homes on 60 ravine lotsfrom $1.8 Million

SALES OFFICE650 Valley Vista Drive

(Dufferin at Major MacKenzie)905-417-1203

D E C O R A T E DM O D E L H O M E S

N O W O P E N

MADI-MUL-A-AD-NHC-APR9-1.indd 1 4/10/15 8:49 AM


assionOur

H O M E S Consider Yourself at Home PrimontHomes.com

SALES OFFICE HOURS: MON-THURS 1PM - 8PM FRI & HOL CLOSED SAT & SUN 11 AM - 6 PM

We create homes that meet your dreams and aspirations.

Building fi ne homes is not just our business, its our passion. At Primont Homes, we understand what your dream home means to you. Our professionally trained designers, craftsmen and customer service people are committed to bringing your vision to life.

Its the Primont Promise.

See Sales Representative for details. Prices and specifi cations are subject to change without notice. E. & O.E.

COMING SOONElegant 36 and 42 Detached Homes from $599,900Imagine a beautiful family community from Primont, where nature paints gorgeous masterpieces with every changing season. A home thats just steps to schools, shops and community centres. Welcome to Seasons in Caledon.

where happinessis always in season

SEASONSI N C A L E D O N

REGISTER NOW Primonthomes.com

Connect with us on #MyPrimontHome

$385,900

MOUNT PLEASANT BRAMPTON

MOUNT PLEASANTBRAMPTON

FREEHOLD TOWNS & 38 DETACHED

SUMMER 2015 CLOSINGS 10629 Mississauga Rd.

905.495.5067

FROM

FREEHOLD TOWNHOMES

CORNELLMARKHAM

A T C O R N E L L

Register now at PrimontHomes.com

COMING SOON

WOODBRIDGE

FREEHOLD TOWNHOMES

NEW RELEASE PHASE 3NO CONDO FEES!


COMING SEPT 19TH

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URBANTOWNHOMES

10629 Mississauga Rd.905.495.5067

SAT APRIL 25TH! SAT APRIL 25TH!

PRIM 39593 NHG APR 8_FA.indd All Pages 4/8/15 3:18 PM


assionOur

H O M E S Consider Yourself at Home PrimontHomes.com

SALES OFFICE HOURS: MON-THURS 1PM - 8PM FRI & HOL CLOSED SAT & SUN 11 AM - 6 PM

We create homes that meet your dreams and aspirations.

Building fi ne homes is not just our business, its our passion. At Primont Homes, we understand what your dream home means to you. Our professionally trained designers, craftsmen and customer service people are committed to bringing your vision to life.

Its the Primont Promise.

See Sales Representative for details. Prices and specifi cations are subject to change without notice. E. & O.E.

COMING SOONElegant 36 and 42 Detached Homes from $599,900Imagine a beautiful family community from Primont, where nature paints gorgeous masterpieces with every changing season. A home thats just steps to schools, shops and community centres. Welcome to Seasons in Caledon.

where happinessis always in season

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REGISTER NOW Primonthomes.com

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FREEHOLD TOWNS & 38 DETACHED

SUMMER 2015 CLOSINGS 10629 Mississauga Rd.

905.495.5067

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SAT APRIL 25TH! SAT APRIL 25TH!

PRIM 39593 NHG APR 8_FA.indd All Pages 4/8/15 3:18 PM



//BILD REPORT

by BRYAN TUCKEY

BRYAN TUCKEY is President and CEO of the Building Industry and Land Development Association (BILD) and is a land-use planner who has worked for municipal, regional and provincial governments. Follow

him on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta)

and BILDs official online blog (bildblogs.ca).

Theres just something about a new home

Homeownership is a universal concept that symbolizes success and prosperity. Its one of the reasons up to 100,000 people choose to make the GTA their home every year.

But theres a significant difference between buying new and buying resale, with new homes holding a number of advantages on several key fronts.

First and foremost, new homes offer purchasers complete customization from a myriad of designs, patterns and finishes. Condo purchasers can choose how high up they want to live while those buying ground-related homes can even select the homes exterior.

Things like flooring, cabinetry or countertops come in a variety of packages displayed in the sales centres, allowing purchasers to invest their money in whatever works best for them. Itll all be there for the day they move in.

Another distinct advantage of buying is the fact that what you see is what you get. A new-home buyer doesnt have to worry about unwelcome surprises because the homes are built from the ground up, customized and are protected by a Tarion warranty.

All new homes built in the GTA today must abide by the strict regulations of the Ontario Building Code, which is updated every five years with the latest standards, specifications and energy efficiency requirements.

The materials are all brand new, which means the caulking in your bathroom wont break down in a years

time, nor will the windows need to be replaced. This doesnt mean that your home is indestructible as it still needs to be cared for. What it does mean, is that with proper maintenance, youll be able to enjoy your new home for years to come.

I am proud to say that many of the homes built by BILD members not only meet strict requirements, but often exceed them. This is particularly true when it comes to building Green 32 per cent of all new homes built in Ontario last year were Energy Star qualified, which translates into significant savings on homeowners monthly utility bills.

Its worth pointing out that many of these homes have won provincial, national and international awards in design, planning and customer service. Our members employ internationally renowned architects and designers, as well as a variety of local talent. New homes in the GTA rival some of the best in the world!

$2,000 INITIAL DEPOSIT $10,000 IN SAVINGS

CALEDON EAST

PresentationCentre

407

401

7

409

427

400

Airport Rd

Innis Lake Rd

Atchison Dr Goreway Dr

Old C

hurch

Rd

King S

ideroa

d

King Rd

Zenway B

lvd

Mayfi

eld Rd

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410

50

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*Offered on stairs from main to upper floor. Prices, specifications and promotions are subject to change without notice. Offer valid for select townhomes only. Features are subject to change as per applicable plan. Please refer to Schedule B1 or speak to a sales representative for exact details. Illustration is artists concept. E. & O.E.

cHANcELLOR 2,280 SQ.FT. WELLINGTON 2,390 SQ.FT.

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MAJOR MACKENZIE DRIVE & WESTON ROAD

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19


//FUNDAMENTALLY SPEAKING

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

Whats in a new-home warranty?

MORE DRASTIC IS ANOTHER EXAMPLE INVOLVING 23 HOMES BY ONE BUILDER IN ONE DEVELOPMENT IN ONTARIO, ALSO, THANKFULLY, BACKED BY TARION: After the homes were built, the

water table shifted, causing di erential soil settlements

e problems arose three to ve years after construction

23 homes were monitored and repaired over a period of ve years

10 homes required major repairs causing the homeowners to be relocated to hotels for an average of 38 days

e cost to Tarion to rectify the matter? More than $5 million.

e cost to homeowners? Zero. e bene t of having the peace of

mind of a Tarion backed warranty? Priceless.

ink that would happen if your home was built by an unregistered or illegal developer?

More and more builders, Tarion says, are improving their customer service. And its not just the large companies.

e advantage of using a small builder might be that you often get to know the principal, says Tarion president Howard Bogach. But large builders are closing the gap.

e large builders that do well are the ones that behave like small builders.

And with real estate and new home prices rising, homebuyers, understand-ably, expect more.

So, whats in a new-home warranty? In short, your builder is not just building your home, its building a relationship.

Whats in your new-home warranty? Ideally, thats a question youll never have to answer for real at least not the hard way, be it ling a complaint or, worse, proceed-ing to a claim settlement.

But, life is sometimes not fair, and despite the best intentions of home builders, things do go wrong. To put it nicely stu happens.

Indeed, according to Tarion Warranty Corp., nearly every new home built has some form of defect. Such is life when youre building outside, dealing with the elements and working with natural materials.

In most cases, issues get resolved, and builders large and small are getting better at responding to customer concerns.

Still, there are unscrupulous or worse, illegal builders that try to circumvent everything from relatively minor registration fees to taxes, all under the guise of saving you money.

But when theres a problem or issue that needs to be resolved, good luck.

ats why its important to ensure your new home builder is registered with Tarion to provide the peace of mind that Tarion is backing the warranty, as well as to learn what parts of your new home are covered, for how long, and what the steps and procedures are.

BECAUSE STUFF DOES, INDEED, HAPPEN. TYPICAL EXAMPLES INCLUDE THE FOLLOWING, A TOP 10 LIST OF FIRST-YEAR CLAIMS: Paint: inadequate application or coverage Doors: improperly installed or nished Floors: Damaged, cracked or installed with gaps Drywall: Blemishes on walls, ceilings or corners Stairs/steps: Inadequately built Water/moisture: Moisture inside the home Concrete: Cracking Baseboards: Improperly installed Trims: Improperly installed or nished Cabinets/vanities: Improperly installed or nished

You can understand how prevalent such defects would be in new homes, and how action is required in many cases. Nine times out of 10, for homes backed by Tarion, theyre resolved without issue.

Life just got better in these two communities

by Rosehaven Homes & Homes by DeSantis

TWO AWARD-WINNING BUILDERS IN SOUTH WEST ONTARIO

TO TORONTO TO NIAGARA

LAINNETNEC REPPUY

WKRP

KING ST. E.

MUD ST. E.

FIRS

T RD

. W.

RYMAL RD. E.HIGHLAND RD. W.

QEW

SITE

PRESENTATIONCENTRELINC

RED

HIL

LVA

L PK

WY

McLeod Rd.

Main St.

Portage Rd.

Lyons

Creek Rd.

Mar

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MODELS &PRESENTATION

CENTRES

Mann St.

NIAGARARIVER

STONEY CREEKCHIPPAWA

Prices and specifications correct at press time. Renderings are Artists concept. Prices quoted are in $ thousands. Maps not to scale. E. & O.E.

LyonsCreekChippawa.com

LiveOnTheRidge.caHOMES BY DESANTIS

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Limited selection of all designs Bungalow & two-storey designs to choose from 9 main floor ceilings gourmet kitchens luxurious ensuites 9 MODELS TO TOUR 1,100 to over 2,283 sq.ft. Sneak peak at Homes by DeSantis new 30 model home quick closings available RAVINE/PARK/GREEN SPACE LOTS AVAILABLE

36, 30 Singles and 36 Wide Freehold Towns from the high $200s


W hen driving along Chinguacousy Road in west Brampton, one gets the feeling that theyre in the midst of a very special community. Its a place where the valleys of the Credit River offer a breathtaking outdoor playground of lush green parkland. It is within this remarkable setting that esteemed builder Fieldgate Homes has announced an exciting Early Closing Sales Event in this popular family community, Valleylands on Chinguacousy.

The southwest corner of Queen St. West and Chinguacousy Rd. is the site for these early closings at Valleylands. Four- and five-bedroom homes are available from 2,987 to 3,276 sq. ft. There are also singles with traditional closings on 38-, 41-, 45- and 50-ft. lots available. Theres a home for everyone at Valleylands. Starting from the $590s.

One of the many popular designs currently available at Valleylands is the breathtaking 3,008-sq.-ft. Dufferin Elevation B. This classic-yet-contemporary

VALLEYLANDS

//COMMUNITY FOCUS

LOCATION West Brampton

HOUSING TYPE Singles on 38-, 41-, 45- and 50-ft. lots from the upper $500s; bonus packages available for each housing type. Early closing homes with four bedrooms from the mid $700s with 30- to 120-day closings available

CONTACT 905.457.0445 fieldgatehomes.com

Early Closing Sales Event in west Brampton

The Dufferins breathtaking front elevation of brick and stone contributes to the luxurious atmosphere of this exceptional family home.

...continued on pg 26

FIELDGATE HOMES | Valleylands


two-storey, five-bedroom, 45-ft. detached home offers a spectacular front elevation of brick and stone that features a covered porch, double-car garage, large bright windows and charming dormers. One enters the home to discover a spacious front foyer, followed immediately by a cozy library. Further down the hall is the large open-concept living/dining room with coffered ceiling. Across from the living/dining room, the homes staircase offers easy access to a sunken main floor powder room and laundry room. Further down the main hallway, one enters into a sizable family room complete with a gas fireplace. Across from the family room, the kitchen and breakfast area offers a kitchen island and ample counter space, creating the perfect space for the family to gather for a home cooked meal. Upstairs, the elegant master suite features two walk-in closets, tray ceilings and a lavish ensuite complete with oval soaker tub, his and hers sinks and separate glass shower. Bedroom two and three share an ensuite, as do bedrooms four and five. The Dufferin is priced from the $740s.

For most families, school is a top priority, so its nice to know that Valleylands is ideally situated to take advantage of many of Bramptons wonderful educational facilities. A new elementary school is proposed for construction right in the Valleylands community, and Queen Street elementary school and Sir William Gage middle school are just a short walk north of the community. There are also a number of public and Catholic primary and secondary schools within a short distance. And with post-secondary tuition costs on the rise, its nice to know that Valleylands is ideally situated to make the live-at-home college lifestyle a breeze. Well-regarded institutions such as Sheridan College and Algoma University both have campuses that are just a short drive or bus ride away.

In addition to excellent proximity to schools, Valleylands is also in a great location to take advantage of a whole host of other lifestyle amenities. The Heartland Town Centre is only five minutes away, offering major retailers such as Best Buy, Home Depot and Costco. Nearby Erin Mills Town Centre, Trinity

Common Mall and Bramalea City Centre also offer wonderful selections of shops and restaurants. For those in search of live entertainment, theres the Rose Theatre, offering a year-round calendar of musical and theatrical performances. Golfing enthusiasts will be impressed with the great selection of golf courses within a short driving distance, and the commute to Toronto is a breeze with Hwys. 401 and 407 just minutes away. With more than 55 years of experience, Fieldgate Homes is one of the GTAs finest home builders, known for their exceptional floorplan designs. For more information on Valleylands, call 905.457.0445 or visit fieldgatehomes.com

For most families, school is a top priority, so its nice to know that Valleylands is ideally situated to take advantage of many of Bramptons wonderful educational facilities.

FIELDGATE HOMES | Valleylands//COMMUNITY FOCUS...continued

Homebuyers love the Dufferins conveniently located sunken main-floor laundry room and lavish master suite.

C A L E D O N

Lotus Pointe

TOWNHOMES $ 400s*FROMMID

SEMIS $ 400s*FROMUPPER

SINGLES $ 500s*FROMUPPER

AN INSPIRED NEW MASTER-PLANNED COMMUNITY

WITH GREAT LEARNING POTENTIAL

Lotus Pointe in Caledon is where nature intersects elegance

to create a peaceful and stunning home environment. Enjoy

the serenity of the scenic countryside yet have easy acces-

sibility to the GTA via Highway 410. Featuring a collection of

Towns, Semis and Singles brought to you by four incredible

Builders, this is your chance to Move Up To Caledon.

MONDAY - THURSDAY: 1PM - 8PM

FRIDAY: CLOSED

SATURDAY, SUNDAY

& HOLIDAYS: 11AM - 6PM

PRESENTATION CENTRES LOCATED AT 12891 HURONTARIO ST.

Old School Rd.

Countryside Dr.

Mayfield Rd.

Kenn

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Rd.

Hur

onta

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wy 1

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NPRESENTATION CENTRES

WITH THE AMENITIES, TRAILS AND SHOPS LOCATED IN THE COMMUNITY,

EVERYTHING JUST MADE SENSE.- THE FARROW FAMILY

*Limited quantities available in some price ranges. To qualified purchasers. Prices & information correct at press time. Some lots may have premiums. Illustrations reflect artists impression.

Map not to scale. E. & O. E. Conditions may apply.

LOTUSPOINTECALEDON.CA


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Prices and specifications are subject to change without notice. Renderings are artists concept. Maps not to scale. Brokers Protected. E.&O.E.

HAVE YOU DISCOVERED

STOUFFVILLE?

Located just minutes north of Markham, Stouffville and its neighbouring areas allow you to enjoy the richness of small town living together with everything thats important to your lifestyle. Shopping. GO Transit. Dining. Recreation. Have it all. Have it now. In Stouffville!

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Aurora Rd

SALES CENTRE

Bloomington Rd

Major Mackenzie Dr

HWY 48

BLOOMINGTONWOODS SITE

Lakeshore Rd

Ninth Line

407

404

Main St

PACE ON MAIN SALES CENTRE

SITE

Freel Ln

9th Line

LLoyd St

Blake St

OBrien Ave

Burkholder St

Stouffville Rd

Major Mackenzie Dr

407

404

Millard St

John Davis Gate

Glad Park Ave

HWY 48

Main St

9th Line

MODELS & SALES CENTRE

Major Mackenzie Dr

407

404

Stouffville Rd

Toronto Rd

Harm

ony Rd

OSHAWA

PORT HOPE

HWY 115 / 35

Marsh Rd Jocelyn StSITE

401

SOLD OUT

E5-1381 NH Guide GTA April 18, 2015_SOLD OUT.indd 1-2 4/10/15 12:23:52 PM


//COVER STORY

W ith 16 current sites such as Queensville, Woodland Hills, Kleinburg Hills, Upper Thornhill Estates and many more to come, CountryWide Homes is demonstrating just how vast its ability and breadth of building wisdom has become. The company is a builder that has the size, knowledge, quality and expertise it takes to create your perfect new home. But you get something much more significant than size alone when you purchase a CountryWide home you get detail, and you get personalized service and attention. Perhaps most importantly, you get a home thats made specifically for you and your family.

CountryWide Homes suggests that when you buy one of its homes, it is made for you, which is quite the attractive notion. The company does this by being accommodating to your needs, focusing on how it can meet your customization requests, and doing its very best to understand exactly what it is that makes your family special. CountryWide knows that your husband might be

a gear-head, or that your wife needs a large space to teach a yoga class. It knows that your son might be a virtuoso violinist, or that your daughter is a soccer star, they even keep canine companions in mind when working with you to create your perfect place!

CountryWide Homes does all this because a big part of its brand is building homes that satisfy each family member so they can comfortably call a CountryWide house home. Every family is different and

COUNTRYWIDE HOMESWhere home building excellence meets the highest levels of expertise, customer service and style

COUNTRYWIDE HOMES | Multi-Site

deserves a home that matches their individual wants, needs, loves, passions and quirks. CountryWide believes that every member of every family should feel at home the minute they walk through their front door. This grand builder has made it their duty to provide an elevated level of contentment to each and every one of its owners and their families.

CountryWide has a custom heart and this is ever obvious in the fine attention to quality and detail youll find in a vast sampling of CountryWide models. Whether youre partial to classic and luxurious copper roofs and eavestroughs, or youre looking for something with a modern twist, CountryWide has you covered.

Visit the companys inviting 6,500-sq.-ft. decor centre and youll understand just how many options and upgrades are made available to a

CountryWide buyer. You truly have the ability to make your home a masterpiece through your own eyes, of course. Your dreams will be tended to with the highest levels of expertise, customer service and style.

A CountryWide Home isnt just a great investment, its a great experience.

For more information, visit countrywidehomes.ca


COUNTRYWIDE HOMES | Multi-Site

deserves a home that matches their individual wants, needs, loves, passions and quirks. CountryWide believes that every member of every family should feel at home the minute they walk through their front door. This grand builder has made it their duty to provide an elevated level of contentment to each and every one of its owners and their families.

CountryWide has a custom heart and this is ever obvious in the fine attention to quality and detail youll find in a vast sampling of CountryWide models. Whether youre partial to classic and luxurious copper roofs and eavestroughs, or youre looking for something with a modern twist, CountryWide has you covered.

Visit the companys inviting 6,500-sq.-ft. decor centre and youll understand just how many options and upgrades are made available to a

CountryWide buyer. You truly have the ability to make your home a masterpiece through your own eyes, of course. Your dreams will be tended to with the highest levels of expertise, customer service and style.

A CountryWide Home isnt just a great investment, its a great experience.

For more information, visit countrywidehomes.ca


While at ratehub.ca were in the business of comparing mortgage rates, we know theres more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promo-tional rates to bring in new clients, but many of those offers come with serious restrictions and penalties.

Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:

LOW PREPAYMENT PRIVILEGES. Most products give mortgage holders the option to increase their monthly mortgage payment amount once per year and/or make lump-sum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lump-sum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage debt-free fast, this may not be the right product for you.

//MORTGAGE ADVICE

by ALYSSA RICHARD

COLLATERAL CHARGE. If the lowest rate ends up being for a collateral mortgage, youll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage, you would need to hire a real estate lawyer (and pay legal fees).

CLOSED MORTGAGE. While most mortgages in Canada are closed, some mortgage products restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product one lender offered recently didnt allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you.

Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about whats included in the mortgage agree-ment, dont be scared to shop around and f ind the right mortgage for you even if it doesnt come with the absolute lowest rate.

ALYSSA RICHARD is the Founder and CEO of ratehub.ca, a mortgage

rate comparison site that aims to empower

Canadians to make smart financial decisions.

Is the lowest rate always best?

If the lowest rate ends up being for a collateral mortgage, youll want to carefully consider how taking one on could affect your

finances in the future.

GREATGULF.COM

TRAFALGAR LAndinG, OAkviLLE

wEsTFiELd, bRAMpTOn

sUMMERLYn viLLAGE, bRAdFORd

sales office hours: sat. & sun. 11am - 6pm Mon.-Thurs. 1 - 8pm Closed Fri. Prices and specifications subject to change without notice. E. & O.E. Illustrations are artists concept. All square footages are approximate. Actual usable space varies from stated floor area.

Trafalgar and DundasModern Townhomes in Oakvilles Uptown Core

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40 and 50 ft. Detached2,275 - 4,010 sq. ft. from

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y. 40

0

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Townhomes1,595 - 2,610 sq. ft. from

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Bovaird Dr.

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d.

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THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME416.626.48891 YOUR FIRST HOME WINTER 2015

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SALES OFFICE LOCATED AT

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//TAXING ISSUES

by HENRY CHOO CHONG

HENRY CHOO CHONG, CGA, sits on many

committees and provides accounting and tax

services to individuals and businesses in the GTA. He can be reached at

416.485.5225. Questions to Taxing Issues can

be emailed to [email protected]

Q I purchased a rental investment property several years ago. Every year I have filed the rental income on my tax return. I recently sold the property. In addition to my rental income, what tax implications will I have to report? Jared, Toronto

AHopefully, you made a profit! The real estate market has been healthy for the past several years and continues to be strong, over the long term. Selling a real estate investment property will generate either a capital gain/loss or a recapture of income/terminal loss.

You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains.

In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are all the cost, including the selling price and adjustments pertaining to the sale of the investment.

In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any

of the years that it was owned by you. The balance in this account is called the undepreciated portion.

A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries or business income). Any unused amounts can be carried back three years or carried forward.

Good record keeping is essential to calculate the correct gains or losses.

The opinions and views expressed herein are those of the author and not those of New Home Guide. New Home Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.

Selling an investment property

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If youre planning to buy a home this year with less than 10 per cent down, you can also plan for higher mortgage costs as of June 1, 2015. Canada Mortgage and Housing Corp. (CMHC) and Genworth Canada have announced that they are raising their mortgage insurance premiums by 15 per cent. CMHC increased its target capital requirements in mid-2014.

The move isnt expected to have a big impact on homebuyers pocketbooks or Canadas housing markets, CMHC says. The higher premium would amount to an additional $5 per month for the typical borrower with a 95-per-cent loan-to-value ratio on a mortgage of $252,530. However, in Canadas pricier markets, those monthly mortgage costs will inevitably be higher. In addition, the looming rise in mortgage costs could also signal a busier-than-normal spring real estate market, as homebuyers try to beat the clock on the May 31 deadline.

The increase in mortgage insurance premiums reflects concerns that Canadians are overextending their budgets by taking on more home than they can afford, leaving them in a tight spot when interest rates rise or at the slightest economic turn.

Experts advise that homebuyers plan ahead, save their money and put down as much as possible, to avoid taking out a high-ratio mortgage. Homebuyers unable to save up this often hefty amount can still buy a home with a down payment of less than 20 per cent, but federally regulated lenders require mortgage loan insurance, which covers them in case of payment default. The lender is responsible for the premiums and passes those costs on to the homebuyer in the form of a lump-sum payment, or more commonly, higher monthly payments.

CMHC is Canadas largest insurer of residential mortgages.

Existing mortgages, high-ratio mortgages with more than a 10-per-cent down payment, and mortgages on multi-unit properties will not be affected by the premium increase.

//IN THE NEWS

Mortgage costs about to rise for some Canadians by LYDIA MCNUTT

95% LOAN-TO-VALUELoan Amount $150,000 $250,000 $350,000 $450,000Current Premium $4,725 $7,875 $11,025 $14,175New Premium $5,400 $9,000 $12,600 $16,200Additional Premium $675 $1,125 $1,575 $2,025Monthly Increase $3.12 $5.20 $7.29 $9.36

Based on a five-year term at 2.79 per cent and a 25-year amortization


by CHUCK RESNICK

//MAKE YOUR MOVE

CHUCK RESNICKis Vice-President,

Marketing and Operations at Two Men and a Truck Canada

5 tips to make moving cleaner and Greener

Protecting the environment is an important concern for consumers and businesses alike, but many dont realize that moving can have a positive impact on the environment.

Waste caused by the moving process not only stems from packing supplies, but also from the waste accumulated over many years within a home or o ce. Both sources can be extremely taxing on the environment if not properly managed.

So, here are some suggestions on how to make your move a cleaner, greener process.

1. PLAN AHEAD:Waiting until the last minute to prepare for a move often makes environmental concerns an afterthought. Start early so you have the extra time to sort through recyclable items in the garage, kitchen and basement for delivery to recycling depots prior to moving day. Typically your garage, basement and attic contain the highest concentration of recyclable waste so start the sorting process there rst. Consider holding a garage sale or donating gently used tools or small appliances to a charity rather than have them end up in a land ll site.

2. RESEARCH: Survey local recycling options to nd the most convenient solution for recyclables. Many cities o er curb-side pick-up or sort and drop depots. Visit earth911.com for a list of local organizations that can dispose of all types of recyclable materials.

3. ORGANIZE: Prepare recyclables by organizing into categories: plastic, glass, aluminum, paper, cardboard, etc. Look up the requirements of the local recycler to see if there are any additional steps needed to prepare recyclables beforehand.

4. CARE FOR HAZARDOUS MATERIAL: As you clean out your garage and basement in preparation to move, be conscientious about the kinds of materials being packed to move with you and which items are to be disposed. Toxic items, such as paint, batteries, house cleaning products, automobile oils, pesticides and fertilizers are dangerous and cannot be transported in the back of a commercial moving truck. Also consider these items cannot be thrown-out with your regular garbage. Look up the specialized recycling depots for toxic products in your city.

5. REUSE:Do not throw away used boxes when the move is complete. A well-made corrugated box is great for storage or may be reused for a future move. Contact local schools or charity organizations, such as womens shelters, scout troops, and food banks to ask if they need boxes to redistribute donated items. Donating gently used boxes not only reduces waste, but can be a big help in support of a good cause.


//QUICK TIPS

HELLEN BUTTIGIEG is a certified professional organizer, life coach, TV host, owner of We Organize U and

author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com

and sign up for the free newsletter.

by HELLEN BUTTIGIEG

Seasonal switch-up: Make way for spring!

At first, you were afraid to put away the winter gear because it was impossible to believe that unrelenting, snow-filled season was really over. But as spring slowly slides into place, youre finding spring jackets and raincoats being layered on hangers atop winter jackets. The hall closet is bursting at the seams trying to contain the collection of everything from mitts and snow boots to umbrellas to Wellies. Its time for the seasonal switch-up. Make some space for your spring and summer, and dont give Jack Frost another thought.

MAKE ROOM FOR SPRINGIts that wonderful time of year again when we can put away the winter gear and lighten the load. Although theres never enough storage space, there are creative ways to better utilize existing spaces when storing out-of-season items.

Try adding another shelf above the existing one in all the closets, and purchase under-the-bed organizers. If your bed is not high enough, you can get a bed riser to lift it. Consider creating a document on your computer that serves as an index to outline where youve stored what. When winter arrives again, you wont have to rely on your memory to find what you need.

HOW LONG HAVE YOU BEEN PUTTING OFF THAT RUMMAGE SALE? Have you been saving items for years with the intention of selling them, but never seem to get around to it? Pull out your calendar today and book a definite date to have your sale this spring. Blocking the time now increases the likelihood of following through with it later.

Another option is to forgo the big sell-off entirely and donate these items instead. It takes several days to orchestrate a successful sale, so determine whether the money youll make is worth the time and energy it will take. After all, you can always get more money but you can never replace lost time.

JUMP-START YOUR SPRING CLEANING WITH BABY STEPSIf you dont know where to begin when it comes to spring-cleaning your home, start small. Pick just one room. Moving

clockwise, remove anything that doesnt belong in that room and place it in a move elsewhere box to deliver to the room it should live in. Pull out anything that doesnt give you joy or value and place it in a giveaway box. Toss or recycle any papers and garbage that are left over. Designate this room as a no-clutter zone so you will always have a sanctuary to escape to, regardless of what the rest of the house looks like. HAVE YOU STORED YOUR PARK A?If youve been putting off the task of storing your winter coats because you dont have an extra closet, theres a solution. A sturdy, rolling garment rack makes an ideal spot to store winter coats during the summer.

Be sure to dry-clean all items before storing, even if they look clean. Body oils and not-yet-visible food stains attract moths especially on wool coats. Cover the clothes with a clean, cotton bed sheet or use a zippered canvas wardrobe cover specifically designed for this purpose to keep your clothes dust-free. If you dont have room for a garment rack, store seasonal items in large garment bags, suitcases or under-bed storage bins.

Heathwood.comPrices and specifications are subject to change without notice. E. & O. E. Renderings are artists concept.

* Does not apply to all Townhome Models, please see sales representative for more details.

Whitbys finest new master planned community at Taunton Road and Country Lane.

NOW UNDER CONSTRUCTION ONLY REMAIN

PREVIEW OPENINGA SPECTACULAR COLLECTION OF LUXURY HOMES!

TOWNHOMES, SEMI-DETACHED AND SINGLE FAMILY HOMES. Come out and visit our Spectacular Designer Decorated Model Home!

Luxury Singles and Semis come included with Fully Finished Lower Levels.*

$500sStarting fromthe lowSales Office Location and Hours:

10 Rising Hill Ridge.Brampton, ON L6Y 0C3647-287-7042

Monday to Thursday: 1pm - 8pm. Friday: CLOSED. Saturday, Sunday & Holiday: 11am - 6pmThe Primrose B.

Just steps from Yonge St. in the heart of Richmond Hill, luxurious 3 bedroom urban towns. Starting from $484,900 MOVE IN THIS SUMMER!

COMING TO WHI TBY REG ISTER NOW

REGISTER TO BE INCLUDED IN OUR

VIP PROGRAM

60% SO

LD

HEAT-MUL-A-AD-NHC-APR8-1.indd 1 4/9/15 8:25 AM


//COMMUNITY FOCUS

Register now for best selection and prices at QUEENSGATE AVALEESVales of the Humber in Brampton

A new community by Queensgate Avalee Inc. is giving homebuyers the opportunity to enjoy unbeatable value in the highly desirable northeast Brampton area.Vales of the Humber, a picturesque master-planned

community, will soon be open to the public, when Queensgate Avalee celebrates the grand opening of phase one at the end of April.

Interested purchasers are encouraged to register online at queensgateavalee.com, ahead of the public grand opening, to enjoy the first choice of lots and to take advantage of pre-construction prices and purchaser incentives.

The incentives on opening weekend will be incredible, says Connie Haces, spokesperson for Queensgate Avalee. Buyers will enjoy preferred pricing and an opportunity to select premium lots. People who register, attend the VIP grand opening and purchase on opening day will also receive a special bonus package.

Located at Mayfield Drive and McVean Drive, Vales of the Humber offers gently winding streetscapes amongst

neighborhood parks, walkways and natural heritage areas.

Over 15 years in development by the best GTA developers, the neighbourhood has been meticulously planned to provide the most comprehensive, livable community.

Residents have easy access to places of worship, schools, parkettes, conservation land and ponds and convenient retail areas.

At Vales of the Humber, purchasers can choose from an exciting collection of luxury single-detached homes that are available on 40- and 45-ft. lots.

Floorplans range from 2,630 to 3,700 sq. ft., with prices starting from

QUEENSGATE AVALEE | Vales of the Humber


the best luxury home value

the best lot selectionsthe best location in brampton

register at queensgateavalee.com

LIMITED RELEASEOF PRIME LOTS

Now you have the opportunity to be the fi rst to view the Vales of the Humber... with the fi rst choice of lots... PLUS take advantage of our pre-construction prices and purchaser incentives!

the Register No

w!

IN BRAMPTONIN BRAMPTON

spring vales

Prices and specifi cations are subject to change without notice. Rendering is artists concept. E. & O. E.

From two trusted builders comes an exciting new collection of single

family homes in Brampton! Queensgate and Avalee invite you to

register online today to be the fi rst to view The Vales of the

Humber, and let us build your dream home in Bramptons fi nest

new community! Most desirable location in Brampton. Close to

Pearson Airport and major highways, 427, 410, Hwy 7.

$640sHOMES STARTING FROM THE

Act now and REGISTER online to be the fi rst in line for the best selection.

limited fi rst release of 40 & 45 ft. lots

QUEE-VAL-A-AD-NHC-APR7-1.indd 1 4/9/15 8:35 AM


LOCATION Brampton

HOUSING TYPE Luxury single-detached homes that are available on 40- and 45-ft. lots

CONTACT queensgateavalee.com

QUEENSGATE AVALEE | Vales of the Humber

the $640s. Beautifully crafted homes feature decorative facades with a combination of stone and stucco material.

Carriage-style garage doors, keystone accents, welcoming front porches and porticos, decorative windows and columns and interesting rooflines are just a sampling of the architectural features that give each home a custom look.

Interiors are equally impressive, with floorplans that maximize the use of space for todays active families. Large principle rooms and bright airy spaces complement the luxurious finishes that are all offered as standard. All homes come with oak stairs and a cosy gas fireplace.

There are nine-ft. ceilings on the main floor, as well as the second floor, as well as ceramic tile flooring in the foyer, kitchen, laundry room and bathrooms.

Gourmet kitchens feature entre islands for all models, and master bedrooms are private retreats, with spa-inspired ensuites for some designs. For added convenience, all homes come with a side door entrance.

Vales of the Humbers ideal location puts residents within minutes of a wealth of amenities. The shops and services of Bramalea City Centre are nearby, and its just 25 minutes to Vaughan Mills Mall. With a popular shopping hub situated at the junction of Hwys. 407 and 410, homeowners also have easy access to local stores and restaurants. The Hwy. 7 and Airport Rd. shopping area are also nearby.

Families will love being just five minutes from the Gore Meadows Community Centre and Library, which boasts a gymnasium, complete with bleacher seating; a fitness studio; a skateboard /BMX park; soccer field; basketball court and exciting programming for people of all ages.

Golf enthusiasts are also close to three golf courses, including the Castlemore Golf Club, the Mayfield Golf Course and the White Red Golf Course.

A family favourite, Canadas Wonderland, is nearby and the Kortright Centre for Conservation offers plenty of opportunity explore and enjoy the outdoors.

The central location of Vales of the Humber makes it easy to travel to surrounding communities, including Bolton and Kleinberg. For commuters, Hwys. 410, 50, 7 and 427 are all close by, providing several convenient transportation options, for a quick and easy commute.

To register for the upcoming grand opening of Vales of the Humber, visit queensgateavalee.com

//COMMUNITY FOCUS...continued

CM

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CM

MY

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CMY

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Blending small town charm and big city

conveniences, Holland Landing offers the ideal

setting for your new home, surrounded by

nature and green spaces. Andrin is proud to

present a wonderful new collection of fully

Detached Homes on 38, 40 and 45 Lots in a

remarkable new community called Hillsborough.

to stay informed REGISTER AT

AndrinHomes.com

A UNIQUE COLLECTION

OF DETACHED HOMES ON 38, 40

AND 45 LOTS

Coming Soon

HOLLAND LANDING

ANDR-HIL-A-AD-NHC-APR9-1.indd 1 4/10/15 9:19 AM


ANDRINHOMES.COM

2 STOREY TOWNHOMES 3 STOREY TERRACE TOWNHOMES

Starting from the$600s

The Ultimate Upper Thornhill AddressThe epitome of luxury and class, Claridge Gate will refl ect the ultimate in sophisticated living.

Offering a spectacular array of two and three level townhomes, Claridge Gate will bring convenience

and lifestyle to the heart of Thornhills most sought after neighbourhood.

For an opportunity to live in one of Thornhills most anticipated addresses,

register at andrinhomes.com today!

REGISTER NOW

Prices and specifi cations are subject to change without notice. E. & O.E. Renderings are artists concept.

ANDR-CLA-A-AD-NHC-APR8-2.indd 1 4/9/15 3:40 PM


//LEGALLY SPEAKING

JAYSON SCHWARZ LL.M. is a Toronto real estate lawyer and senior partner in the law firm Schwarz Law LLP. If

you have a topic in mind, mail, deliver or fax letters

to the magazine or to the firm, email

([email protected]) and give us your

questions, concerns, critiques and quandaries.

by JAYSON SCHWARZ

Title insurance: What is it, and why do you need it?

Title insurance is supposed to provide comprehensive insurance coverage for certain title-related risks associated with home buying such as zoning issues, claims of mental incapacity, lack of up-to-date survey and the legal services provided by your lawyer (such as title certification). It insures against such defects in title, which may occur from conflicting ownership claims, liens, undischarged mortgages, consents and the like. It will cover compliance and access issues such as work orders, permit violations, fences, boundaries, tenancies and rights of way. It is supposed to be in force so long as the purchaser or his heirs own the property. Title insurance will outlive the certification of your lawyer, whose insurance stops if he or she dies or ceases to practice law.

Okay, what if something is wrong and a prospective purchaser will not accept a new title insurance policy at no cost? The insurer will pay out in accordance with the policy, or will, if possible, repair the defect. Title insurance protects from vendors that wont re-adjust or misrepresent things such as the real estate taxes paid. In addition, lawyers insurance is time of incident related, which means in simple English that if your lawyer is dead, retired or stops practice and you make a claim after that, you are not covered.

Title insurance saves you money. Disbursements money paid to third parties for items such as building compliance letters, subdivision compliance letters and deed registration are lower. We estimate $200 to $300 on a deal after the cost of the policy.

Almost all of Ontario is now on an electronic registry system. Title insurance has become the norm and many of the transactions are done by computer communications. Make sure the lawyer you select has taken the title insurance courses, has gone to the seminars on Terranet, the electronic registry system, and can properly advise you. The Law Society passed a rule that every lawyer on a residential real estate deal must advise the client of title insurance, the different companies offering it, and how it works. Remember, a lawyer survives by repeat business and referrals, and a lawyers mandate from the Law Society is that the clients best interests must come first.

We have all read and heard about mortgage and title fraud, where unscrupulous people put fake mortgages on properties or sell houses they do not own. Title insurance indemnifies you against these occurrences.

To summarize, title insurance does four things better than lawyers insurance through Law Pro (the Law Societys insurance arm): gives better coverage as to the quality of your ownership than a lawyers insurance;

lasts forever when lawyers dont; saves $300 to $400 in disbursements; protects from mortgage and title fraud.

Every lawyer has an obligation to make you aware of your title insurance options, so you can choose which way you want to go. Think through your options carefully and choose wisely.

*Certain Terms and Conditions shall apply. Full disbursement disclosure.

TORONTO OFFICE1984 Yonge St.,Toronto

Ontario M4S 1Z7

416.486.2040 Toll Free: 1.888.609.8888

Fax 416.486.3325

BRAMPTON BRANCH OFFICE10 Wilkinson Rd. Unit 22., Brampton, Ontario L6T 5B1

905.455.5777Toll Free: 1.888.609.8888

Fax 905.452.8135

Quality legal services at the right price*

$849plus HST

BUYING, SELLING OR REFINANCING A HOME?YOU NEED A LAWYER!

Helping YOU make your home buying dream a reality.

www.schwarzlaw.ca

For Free Offer ReviewCall


Apr 18 to May 2, 2015

APR 18-19

Total Health Show METRO TORONTO CONVENTION CENTRE The Total Health Show informs the public about the latest trends in the health industry, and how to get on track with a healthy lifestyle. This years show includes guest speakers discussing tips and information on how to achieve total health, workshops, panel discussions, exhibits and a film festival.

totalhealthshow.com

APR 18-19

Clean Toronto Together VARIOUS LOCATIONS IN TORONTOIf your house is already spotless, why not help the city with its spring cleaning? Join the citys Live Green Toronto team and pick up a plastic bag along with thousands of other Torontonians dedicated to making the city look a little bit nicer for spring. A number of different clean-up crews can be organized, including: Community Clean-Up, Corporate 20-Minute Makeover, and School Clean-up Day.

toronto.ca

Calendar of events beginning from

April 18 to May 2 2015

APR 18-26

Rouge Park Guided Walks ROUGE VALLEY CONSERVATION CENTREA landscape with historic farms, trees that are over a century old, meadows, and wetlands, Rouge Park is situated relatively close to the heart of Downtown Toronto. Through these walks, you will learn more about Rouge Parks nature, wildlife, and learn skills for walking on the trail.

rougepark.com

APR 19

Toronto Yonge Street 10k YONGE STREET AT CASTLEFIELDCanada Running Series is back this year with the Toronto Yonge Street 10k, giving you the opportunity to get some exercise while raising money for a cause. The Canada Running Series Foundation promotes healthy lifestyles (especially running) and community fitness programs, modeled off of the London and New York City marathons. Beginning just north of Yonge and Eglinton at 9 a.m., the route takes you seven kilometres down Yonge Street to Richmond, then travels Richmond, Peter, Front and Bathurst to finish at Fort York. Kits can be picked up in advance at Sheraton Centre downtown.

canadarunningseries.com

//HOT DATES


IN THIS SECTION

>> Maps and listings for new-home communities in the central and north region>> Builder news and the latest in new homes in the central and north region

Showcasing new homes in the GTAs central and north regions

April 18 - May 2, 2015

We Are Now More Than 60% Sold Phase 2

For further information contact:

MANCINI Homes Ltd.

452 Nineteenth AvenueRichmond Hill, ON L4E 3P7

FEATURING EXECUTIVE

MANCINIH O M E S LT D .

where tradition and innovation meet

TWO STOREYS & BUNGALOWSStone and Brick Veneer Hardwood Floors

Oak Stairs Walkout Lots Walking Distance to Lake Head University

905-773-9997 | mancinihomes.ca | [email protected]

THE ALPS MODEL

THE FUJI MODEL

Lifestyle in Orillia



TOTTENHAM

Prices and specifi cations are subject to change without notice. All renderings are artists concept. E. & O. E.

millstreethomes.com

Ballymore Homes and Briarwood Homes are proud to present Mill Street Village. A family-oriented community o ering exceptional new home values.

Minutes from Highway 27 and 400, and less than one hour to Toronto.

$400sSTARTING FROM THE MID

OUR NEW40 COLLECTION!

$600sSTARTING FROM THE

OUR NEW 50 HOMES

GRAND OPENING

GRAND OPENING of our new 50 AMAZINGRAVINE LOTSFT.

Artists concept e Richmond, Elevation A

Sales O ce Hours:Mon. - urs. 1pm - 8pm

Friday by appointmentSat. & Sun. 11am - 6pm

Sales O ce: 6490 4th Line

BALL-MIL-A-AD-NHC-APR6-2.indd 1 4/9/15 8:42 AM



//COMMUNITY FOCUS

B rought to you by Decade Homes, Yorkdale Village is one of central Torontos hottest new urban townhome communities. Located on Wilson Avenue near Dufferin Street, Yorkdale Village gives GTA homebuyers a great opportunity to own a well-priced one- or two-storey townhome model that is sure to impress. These stunning townhomes are offered in one-bedroom plus den, two-bedroom and two-bedroom plus den configurations, so there is a model to meet every homebuyers needs at Yorkdale Village.

YORKDALE VILLAGE PHASE II MORE THAN 60 PER CENT SOLD Visit this weekend to discover one of central Torontos most loved townhome communities

Yorkdale Village is proud to bring its bold contemporary aesthetic to the heart of central Toronto. This sophisticated urban community features eye-catching modern townhome designs that embody the spirit of vibrant urban living both inside and out. But these homes dont just look amazing; theyre also designed with the needs of todays homebuyer in mind. Interiors boast stylish kitchens, spacious master bedrooms and

DECADE HOMES | Yorkdale Village



LOCATION Toronto

HOUSING TYPE Urban townhomes

CONTACT yorkdalevillage.com

DECADE HOMES | Yorkdale Village

bright, open living and dining areas. Many models offer rooftop terraces or balconies, providing a great way to relax and enjoy Torontos warm summer nights. With townhomes priced from the low $300s, homebuyers need to act quickly to own at this highly desirable location.

One of the primary appeals of city living is the unmatched convenience and ease of access to Torontos many world-class amenities. Yorkdale Village is located on a major bus route, with Wilson subway station, Hwy. 401 and Allen Road just minutes away, so its always easy to enjoy everything the city has to offer. And whether youre shopping, having a night out with friends, or just looking to relax and enjoy the great outdoors, theres a great selection of top amenities within a short distance of the community.

The university-bound will love the convenient access to York University provided by current bus routes and the future subway extension. Nearby Yorkda

Documents

GTA New Home Guide - Apr 18, 2015