Greater Toronto’s Finest NEW HOME GUIDE
Greater Toronto Area May 7–June 4, 2022
What If?
For THIRTY YEARS now, National has started every day by rethinking what is possible.
C E L E B RAT I N CELEBRATING 3 0 3 Y0E AYRES A R
INSIDE:
SPECIAL SECTION: WHO’S WHO IN THE NEW HOME INDUSTRY
WHY WE ALL LOSE WHEN WE DON’T BUILD ENOUGH HOMES
A WORLD OF LUXURY. A TRADITION OF EXCELLENCE.
LIVE IN WELLNESS. Register today at KylemoreLiving.com © Copyright. Kylemore. All rights reserved. Brokers protected. Actual Kylemore Model Home. 2022.
NEW RELEASE! SINGLES & TOWNS
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N
Orchard Ave.
Lake Ontario
MASONHOMES.CA
Cloverdale Ave.
Brook Rd. S
D’arcy St.
King St. E
Willmott St.
Division St.
401
Lakeshore Rd.
KINGSWOODCOBOURG.CA
Award-winning Mason Homes invites you to Live Royally at Kingswood - just minutes from Highway 401, VIA Rail, Cobourg Marina, Cobourg beach, Victoria Park, Donegan Park, quality schools, shopping, dining and so much more!
VISIT OUR SALES CENTRE OR CALL FOR DETAILS Our Kingswood Sales Centre is temporarily located at Lakeside Village, 325 Ridout St., Port Hope Please call or e-mail ahead Hours: Mon - Thurs: 11 am - 5 pm Sat & Sun: 10 am - 5 pm
cobourg@masonhomes.ca 905-885-6565
Please note: 24-hour notice is required for all appointments. Specifications subject to change without
notice. Sizes, prices and specifications are correct at press time and subject to change without notice. E. & O. E. April 2022.
PREMIERING SOON 31 ’ M A N O R TO W N S I N A PRIVATE RAVINE ENCLAVE STARTING FROM $1.6M * A private ravine enclave of 31’ Manor Towns is coming soon to Vaughan. Nestled beside prestigious Kleinburg, The Manors harmonizes the distinguished architecture of classical manor homes with the unparalleled nature of Pine Valley. 2-car garages, spacious, open concept layouts with soaring 10’ ceilings, and luxurious finishes create the experience of a detached home, with all the conveniences of a beautiful Manor Town. This is life in perfect orchestration.
B E C O M E A V I P. R E G I S T E R N O W AT G O L D PA R K H O M E S . C O M
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*Prices and specifications subject to change without notice. See sales representative for details. E.&.O.E
MAY 7–JUNE 4, 2022
CONTENTS COVER STORY
34 NATIONAL HOMES CELEBRATING 30 YEARS OF PUTTING CUSTOMERS FIRST 6 HOMES Magazine | May 7–June 4, 2022
44
66 38 DEPARTMENTS
COLUMNS
8
Contributors/Masthead
22
12
Editor’s Note Who’s Who, and why it matters
14
In The Spotlight GTA new home market sees steady sales, inventory shortfalls in March; more news on pages 15 and 16
48 Product Spotlight Lennox 56 Maps & Charts for new home communities SPECIAL SECTION
23
Annual Who’s Who In The Housing Industry
The Marketing Edge Concerted efforts to address housing challenges
32
Personal Finance Everything you need to know about mortgage pre-approval
33
Legally Speaking What first-time buyers need to know about the Land Transfer Tax refund
50 The Economist How will the housing industry react to inflation and rising interest rates?
66 Industry Report We all lose out when we don’t build enough homes
Builder profiles 38
Mason Homes Three-storey rooftop terraced towns coming soon to Barrie and Peterborough
40 StateView Homes Bringing a unique approach to new communities across the GTA
42 Fieldgate Homes Announcing new openings in Stouffville, Shelburne, North York and Ajax
44 Treasure Hill Homes Homes designed for you to treasure for a lifetime
46 The Manors at Pine Valley A masterpiece of sophisticated living from Gold Park Homes 7
CONTRIBUTORS
PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
CHIEF REVENUE OFFICER
Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT
Michael Rosset
EDITOR-IN-CHIEF – NATIONAL REAL ESTATE
Susan Legge susan.legge@nexthome.ca
EDITOR-IN-CHIEF – GREATER TORONTO AREA
Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR
THE MARKETING EDGE | CHRISTOPHER MARKOVIC Christopher Markovic is CEO, PMA Brethour Realty Group. pmabrethour.com
Rise Levy
CONTRIBUTORS
Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Michael Klassen, Barbara Lawlor, Christopher Markovic, Jayson Schwarz, Ted Tsiakopoulos, Dave Wilkes SENIOR VICE-PRESIDENT, SALES, NEXTHOME
Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca DIRECTOR OF SALES, ONTARIO, NEXTHOME
Natalie Chin 416.881.4288, natalie.chin@nexthome.ca LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.
SENIOR MEDIA CONSULTANT
Amanda Bell 416.830.2911, amanda.bell@nexthome.ca VICE-PRESIDENT, MARKETING – GTA
Leanne Speers
SENIOR CLIENT RELATIONS SPECIALIST – GTA
Sonia Presotto
MANAGER CUSTOMER SALES/SERVICE
Marilyn Watling
SALES & MARKETING CO-ORDINATORS
Gary Chilvers, Vi Nguyen
HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA
THE ECONOMIST | TED TSIAKOPOULOS Ted Tsiakopoulos is a professional economist, author of Property Trendsetters: Successful Toronto Real Estate Experts Share Key Insider Secrets, and sought-after speaker with more than 25 years of experience analyzing housing and financial markets. He has also worked as an investment counsellor on Bay Street in Toronto. ttsiakop@cmhc.ca or LinkedIn/Ted Tsiakopoulos.
Josh Rosset DISTRIBUTION
distributionteam@nexthome.ca ACCOUNTING INQUIRIES
accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA
Lauren Reid–Sachs
VICE-PRESIDENT, PRODUCTION – GTA
Lisa Kelly
PRODUCTION MANAGER – GTA
Yvonne Poon
GRAPHIC DESIGNER & ASSISTANT MANAGER
BILD REPORT | DAVE WILKES Dave Wilkes is president and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca
Alicesa Pullan
GRAPHIC DESIGNER & PRE-PRESS COORDINATOR
Hannah Yarkony GRAPHIC DESIGNERS
Johannah Lorenzo, Jean Fay Rodriguez, Mike Terentiev Published by
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HOMES Magazine | May 7–June 4, 2022
Copyright 2022 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time. Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.
WHAT IF? We made your ideas fly.
SINCE 1992, WE’VE LISTENED TO YOUR DREAMS, AND BROUGHT THEM TO LIFE IN OUR HOMES. Three ground-breaking decades. This year, we are very proud to celebrate 30 years of putting the needs of our buyers first. Since 1992, National has brought families and their dreams together by reimagining what is possible. In focus groups, surveys, and workshops, we’ve listened to your needs and made your ideas fly with Bright Ideas like family centres, smart technology, and designs that inspire health and wellness. Every National home is built with you in mind. You Are the Blueprint and that’s been our commitment for the past 30 years.
REGISTER FOR OUR UPCOMING COMMUNITIES MISSISSAUGA - Whitehorn Woods - Townhomes on Britannia Rd. W. BURLINGTON - Midrise Condominium and Townhomes on Plains Rd. BRAMPTON - DUO Condos - Condominiums on Steeles Ave. W.
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LAT E BRAT C E LCE EBR I NG ING 3 0 3 Y0E AYRES A R S Specifications are correct at press time and are subject to change without notice. E.&O.E.
EDITOR’S NOTE
WHO’S WHO AND WHY IT MATTERS
WAYNE KARL EDITOR-IN-CHIEF HOMES Magazine
EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl
+ get social 12 HOMES Magazine | May 7–June 4, 2022
Just when you thought it was safe to head out into the spring housing market and to new home sales centres… As if we didn’t have enough on our plates, with the pandemic, social issues surrounding mandates, a conflict in Europe, inflation, a housing shortage, rising interest rates… now we have a labour strike. At time of writing, at least, more than 15,000 construction workers in Ontario had walked off the job, and their union – the Labourers’ International Union of North America (LiUNA) Local 183 – says the action could delay residential building projects in the GTA. “The residential construction industry is a critical part of Ontario’s economy,” says Richard Lyall, president of the Residential Construction Council of Ontario (RESCON). “Housing is a need, and the industry was considered essential throughout the pandemic. All sectors of construction are important, and labour, management and government did a good job working together during the pandemic. (There) is no reason for work stoppages, and we hope that the arbitrated settlement will encourage other parties to return to the bargaining table and reach an agreement.” It’s important to understand the role of these workers, who provide highrise forming, house framing, self-levelling flooring, railing, tile, carpet and hardwood… pretty much everything short of the kitchen sink. So, they matter. For more insights into the importance of the homebuilding sector, turn to page 66 for the Industry Report by Dave Wilkes, president and CEO of the Building Industry and Land Development Association. As a prospective homebuyer, your primary concern may not be the staggering numbers Wilkes cites, underlining how critical the industry is not just to building homes, but to the overall provincial economy. Your focus is being able to afford and buy a home. Let’s assume, though, that the strike is short-lived, given the critical nature of housing, and the need for these workers to return to earning wages, and construction resumes. What we will have left – again, try to absorb the numbers Wilkes discusses – is a sector that is thriving, in huge need, and firmly on provincial and federal political agendas, per recent budgets. Indeed, the Ontario election is only weeks away, so expect to hear a lot more about housing from all major party leaders. In the meantime, when it comes time for you to buy a new home, our Who’s Who special section in this issue details the best of the best in all sides of the industry. The GTA really is blessed with excellent new home developers, builders, marketers, sellers and other contributors. Even a pause in construction won’t change that.
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IN THE SPOTLIGHT
GTA NEW HOME MARKET SEES STEADY SALES, INVENTORY SHORTFALLS IN MARCH In March, GTA new home sales saw a change from the breakneck pace of the past few months, the Building Industry and Land Development Association (BILD) reports. There were 4,115 total new home sales in March, down 21 per cent from March 2021 but still 12 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. “Total new home sales remained relatively strong in March,” said Edward Jegg, research manager at Altus Analytics, Altus Group. “But signs of slowing are emerging, as higher interest rates alongside record prices start to impact demand.” “Although new home sales eased in March compared to the exceptionally strong pace of the past few months, demand continued to outpace the supply of new homes, leaving the region with an inventory shortfall,” says Dave Wilkes, BILD president and CEO. “We cannot let shortterm market variations mask the root causes of the housing supply and affordability challenge in the GTA. We need to keep our eyes on the long-term solution – building more new homes.” Sales of new condominium units, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, with 3,277 units sold in March, were down seven per cent from March 2021, and 34 per cent above the 10-year average. New single-family homes, including detached, linked and
semi-detached houses and townhouses (excluding stacked townhouses), accounted for 838 units sold in March, down 50 per cent from March 2021 and 32 per cent below the 10-year average. Despite the fact that nine condo projects opened in March, demand outpaced supply, and remaining inventory fell year-over-year for the tenth consecutive month, to 7,220 units. Remaining inventory of single-family homes, at 830 units, was more than 50 per cent off
from last March’s already low level. Remaining inventory includes units in preconstruction projects, in projects currently under construction, and in completed buildings. The benchmark price for new condominium units reached a record price of $1.25 million in March, up 17.7 per cent over the last 12 months. The benchmark price for new single-family homes was $1.83 million, which was slightly less than February’s record high, but still up 27.3 per cent over the last 12 months.
MARCH NEW HOME SALES BY MUNICIPALITY REGION Durham Halton Peel Toronto York GTA
2022 77 224 496 2,124 356 3,277
HIGHRISE 2021 215 153 159 2,455 548 3,530
2020 16 113 472 1,835 421 2,857
2022 153 216 124 91 254 838
LOWRISE 2021 486 161 243 61 740 1,691
2020 257 155 146 46 368 972
2022 230 440 620 2,215 610 4,115
TOTAL 2021 701 314 402 2,516 1,288 5,221
2020 273 268 618 1,881 789 3,829 SOURCE: ALTUS GROUP
14
HOMES Magazine | May 7–June 4, 2022
In the spotlIght
AVERAGE GTA HOME PRICE HITS $1.3M, PRICE GROWTH TO SLOW THIS YEAR GTA home sales hit almost 11,000 in March 2022, capping off the third-best March and second-best first quarter on record, the Toronto Regional Real Estate Board (TRREB) reports. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million. The average selling price dipped slightly month-over-month, however, bucking the regular seasonal trend. “Now is the time for governments to govern and focus on measures that are proven to increase housing supply,” says TRREB President Kevin Crigger. “The GTA population
will experience rapid growth in the coming years, as our region’s economic strength and diversity continues to attract people from around the world. In order to sustain this growth, we need adequate housing supply and choice. “This needs to be the focus of policymakers rather than short-term and ineffective measures to artificially suppress demand. Evidence-based decision-making should inform government policies, and we encourage representatives at all levels of government to think big and act decisively to improve needed housing supply in a significant way.”
GTA resAle AverAGe prices, MArch 2022 (yr/yr % chAnGe) 416
905
Total
Detached
$1.92M (9.5)
$1.63M (23.6)
$1.69M (20.9)
semi-detached
$1.54M (20)
$1.20M (28.9)
$1.31M (26.0)
$1.11M (16.3)
$1.07M (27.6)
$1.08M (25.0)
$831,351 (17.4)
$760,410 (25.2)
$808,566 (19.6)
Townhome condo
Source: TrreB
“Competition between home buyers in the GTA remains very strong in most neighbourhoods and market segments,” says TRREB Chief Market Analyst Jason Mercer. “However, we did experience more balance in the first quarter of 2022 compared to last year. If this trend continues, it is possible that the pace of price growth could moderate as we move through the year.” “Housing policy decisions and promises made in conjunction with the upcoming provincial and municipal elections will influence not only the GTA housing market, but also the region’s overall economic competitiveness,” adds TRREB CEO John DiMichele. “Of particular importance will be the reduction of roadblocks and red tape associated with the development of more housing rather than trying to suppress demand which has been ineffective. Population growth is expected to be at or near record levels in the coming years. Demand for ownership and rental housing is not going away.”
nexthome.ca 15
In the spotlIght
HOMEBUYING OPPORTUNITIES APPROACH AT LAKEVIEW VILLAGE IN MISSISSAUGA
Tridel model
16 HOMES Magazine | May 7–June 4, 2022
Branthaven model
Mississauga to get it to where it is, and we’re keen to get into the marketplace and bring something very special to Mississauga, and to this waterfront in particular.” Branthaven will be the next builder to market product at Lakeview Village, targeting October for a sales launch. “We’re super excited. This is a milestone project for us; hopefully the first phase is one of many, and we’re excited about working with our partners and builders here,” Sean Wadsworth, vice-president of homebuilder operations at Branthaven, told HOMES. Branthaven’s first phase will comprise a 15-storey midrise condo building with about 260 units, and about 60 townhomes within the same parcel of land. It will also include a centralized park and public area to be the focus of this portion of the development. “You’ll find the architecture for our first phase is quite interesting,” Wadsworth adds. “The elevation of the building was inspired by a birch forest, so you’ll see elements of a forest and tree trunks throughout.” Names for the buildings, roads and parks at Lakeview Village, still to be determined, will reflect the local history of the Lakeview area, including First Nations. mylakeviewvillage.com
Photos NatioN WoNg PhotograPhy
A major new master-planned community in Mississauga is inching closer to reality, with newhomebuying opportunities set to begin in the coming weeks. Lakeview Community Partners Ltd. (LCPL), the developers behind Lakeview Village, a mixed-use waterfront community being built on a 177-acre brownfield site along Mississauga’s waterfront, recently celebrated the launch of the Discovery Centre, with its doors officially opening to the public on April 18. The first completed building on the Lakeview Village site, the Discovery Centre is an architectural landmark that will be used as a community destination hub for local artists, events and exhibitions. Importantly, it will also be used as the sales centre for the first upcoming new-home releases at Lakeview
Village, beginning in June or July with Tridel, and followed in October by Branthaven. “We are incredibly excited to officially open the doors to the Discovery Centre and welcome visitors to come and experience the scale of the Lakeview Village project and the vision behind its master plan,” says Fabio Mazzocco, president of Argo Development Corp. and Lakeview Community Partners. “Throughout the Discovery Centre, we have thoughtfully incorporated the defining elements that characterize Lakeview Village – sustainability, modern architecture, the arts, culture and open gathering space – all driven by the powerful influence of re-establishing a connection to the waterfront.” The first floor is dedicated to exhibitions from the Phase 1 builders – Branthaven, Caivan, Greenpark Group, DECO, Opus Homes and Tridel – to showcase the range of new home offerings. The facility also includes floral installations, a wraparound living Green wall and a large, scaled model of Lakeview Village. Tridel will be the first builder partner out of the gate at Lakeview Village, with sales set to begin this summer for the first of its two-phase, L-shaped towers, designed to fit together in a square geometry, with a centre courtyard. “We’re beyond excited to be involved,” Jim Ritchie, chief operating officer of Tridel, told HOMES. “This is an incredible opportunity, given what it represents. We think we’re bringing a pretty incredible development, but it’s this community itself that really is the draw. “I don’t know where you see this type of infrastructure, this lakefront, the pier and just the size and magnitude of everything of this master-planned community. (LCPL) has done a great job with
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All renderings are artist’s concept. Prices, sizes and specifications are subject to change. E.&O.E.
ADVICE | THE MARKETING EDGE
CONCERTED EFFORTS BEGINNING TO ADDRESS HOUSING CHALLENGES
CHRISTOPHER MARKOVIC
Since the spring of 2020, The PMA Brethour Co., in partnership with CIBC, has been hosting a monthly industry-wide webinar series focussed on issues in housing and the development industry. The PMA | CIBC Summit Series brings to light the dynamics behind the headlines, with a wide range of sought-after speakers and panelists from leading place-makers and city builders across Canada. We recently had a conversation with representatives from some of Toronto’s top developers to discuss the current market, especially related to highrise residential homebuilding. THE RESURGENCE OF HIGHRISE
In January 2022, industry data (per RealNet) reported a 232-percent year-over-year increase in preconstruction highrise sales, and 87.8 per cent in February 2022. This can be substantiated easily by the numerous cranes that surround the city and the saturation of billboards and signage directing buyers to presentation centres or online registration. It can be said that it is difficult to drive along a large stretch of road without coming by some type of pre-construction sale. The highrise market has “blown up” over the past few months, with sales of projects being sold out within hours or days of launching. Unprecedented sales prices have 22 HOMES Magazine | May 7–June 4, 2022
been achieved with common incentives being provided by other builders. At the rate projects are being sold out, there clearly is a higher demand than supply available. Buyers are purchasing new condominiums, fully aware occupancy can be up to three to four years from today – and that does not seem to be a concern. What appears to be the bigger issue is the ability to purchase their home before the projects sell out. The highrise target market is fully inclusive of all demographic age groups; from young professionals leaving home, to families or buyers who are empty-nesters rightsizing after selling their large family home. Pricing is fully dependent on the location of the building, size, amenities and extras, such as parking spaces and storage lockers. Builders have been versatile in their designs to incorporate various model suites to include not only condominiums but townhome and loft options for those who are interested in larger units. More and more, the suites are designed to include dedicated ensuite work-from-home areas, and spaces of separation within the home. SO, WHAT HAPPENS NEXT?
The recent federal budget announced a housing budget of $10 billion over five years, on an affordable housing program, including $4 billion over five years to launch a Housing Accelerator Fund, and a one-time $500 payment to people struggling with housing affordability. These are the steps the federal government has made to attempt to manage the current supply crisis faced by the country. With a shortage of land available, an increase in taxes and fees,
increasing interest rates, inflation and restrictions and obstacles, affordability remains to be a challenge for many, and we are now hearing questions on the depth and impact that these measures will make. Builders agree that land is scarce, but that is one of many issues they face alongside buyers. As noted by Kash Pashootan, founder and CEO of Emblem Developments: “This is only one piece of the equation. We cannot look at just one component in isolation without considering the other pieces, such as policy and transparency... the whole entire process needs to be examined.” It goes without saying that processes at all levels of government, especially at the local levels, need to be streamlined, and more forward thinking in order for increased housing supply to become a reality. There are projects being built and buyers taking possession daily. Buying a home is one of, if not, the largest purchase a person makes in their lifetime, and we believe that it should be one of excitement and anticipation. The industry is coming together more and more and engaging all levels of government to deliver on homebuyers needs and expectations. Christopher Markovic is CEO, PMA Brethour Realty Group. pmabrethour.com
+MORE CONTENT ONLINE nexthome.ca
who
THE PEOPLE WHO LEAD THE MOST IMPORTANT SEGMENT OF THE GTA ECONOMY
2022
The NEW HOME industry’s
Who’s
THE TOP BUILDERS & DEVELOPERS
ARCHITECTS & RENOVATORS • SALES & MARKETING EXPERTS • BROKERS, REALTORS, AD EXECS AND MORE! Exclusive to:
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MORE THAN 500 PROFILES ONLINE nexthome.ca 23
WHO’S WHO IN THE NEW HOME INDUSTRY
MARIAM ABOUTAAM
MARK BASCIANO
Director of Sales and Marketing and Interior Design, Kylemore
President, Mountainview Building Group
For nearly 15 years, Aboutaam has applied her visual arts and design education to her leadership role, contributing to Kylemore’s numerous accolades and awards. Her collaborative approach helps to shape the design and development of the company’s luxury homes and wellness community, Angus Glen South Village in Markham. She oversees the Design Studio and has been instrumental in completing the interior design of several models showcasing Kylemore’s luxury homes. Aboutaam also guides and implements Kylemore’s marketing programs, sales operations, and corporate charity program.
Mountainview is a multi-faceted development company with a portfolio across the Golden Horseshoe and beyond. Chairman of Tarion, a member of the Governance Committee, Consumer Committee and the Regulatory Affairs Committee. Served as the NHBA President in 1997-98, Director OHBA from 2003 to 2008, he served as First Vice-President in 2006-07, President in 2007-08 and a director for Meridian Credit Union. During this period he also served as a member of the Credit and Investment Committee, Community Relations Committee and the Governance Committee.
JOSEPH ALBERGA Director, Sales and Marketing, Lindvest Alberga took over the reins of sales and marketing for Lindvest in early 2013, bringing with him a strong visual arts background coupled with years of real estate sales experience. That background provides a complete foundation to tackle the challenges and opportunities in continuing to shepherd this dynamic organization, with deep roots in the H&R family of companies, along its path to a bright and prosperous future in the land development and home construction industry.
JIM ANDREWS
GARY BENSKY Principal and President, Wycliffe Homes More than 50 years’ experience in the industry. Past member of the Board of Directors, BILD. With a background in architecture and concern for detail, has been the driving force in the Wycliffe organization, which has added mid-range priced housing and maintenance-free lifestyle projects to the ever-growing list of high-quality Wycliffe ventures. Currently active with midrise projects within the GTA, in addition to senior lifestyle residences.
Director of Sales and Marketing, Fieldgate Homes Currently working on a number of new communities within the GTA, Andrews has enjoyed active involvement on various BILD committees for more than 20 years and has been a member of BILD’s Board of Directors. Has received the Top Hat Award 10 times for recruiting the highest number of new members annually for BILD and is a recipient of the prestigious Riley Brethour Award.
ADAM AYLIFFE CEO/Partner, L.A. Inc. With over 18 years experience with blue chip, hospitality, banking and real estate clients, he is actively involved in all aspects of client and project management. L.A. Inc. is a full service branding, marketing and communications agency with expertise in real estate development and corporate branding. Member of BILD. Currently working on projects throughout North America.
PAT BAKER Founder, Baker Real Estate Inc. Formed to specialize in the marketing and sales of condominium projects, master-planned communities, new home developments, as well as hotel and commercial properties for developers in Canada and the U.S. With offices in Toronto, Montreal, Vancouver and Shanghai.
ANDREW BRETHOUR Chairman, PMA Brethour Realty Group One of Canada’s premier new home brokerage and research firms, celebrating more than 56 years in business, with offices in Toronto, Calgary, Ottawa, Naples and Collingwood. Recipient of the prestigious Maple Leaf Award CHBA (1987), BILD Hall of Fame Award (2004), two-time recipient of the Riley Brethour Award, BILD (1980, 1995). Governor of Builder Marketing Society in the U.S. and Legend of Residential Marketing by NAHB 2011. Founder of Canada and Toronto SAM Awards, Member of the International Lambda Alpha Society of Land Economists. Appointed to Board of Govenors of the Abraham Global Peace Initiative.
MARK BULLOCH Drive Agency Has enjoyed many years working in the development industry, marketing condominium and singlefamily communities for some of Canada’s leading development firms. Added to that, over the past 20 years he has worked on such brands as Starbucks, Labatts, Dynamic Mutual Funds, Delta Hotels and Resorts, The Toronto Raptors, The Toronto Blue Jays, Honda, Waterpik, American Express, Toronto Stock Exchange, Sprint, Imax and more.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 24
HOMES Magazine | May 7–June 4, 2022
WHO’S WHO IN THE NEW HOME INDUSTRY
J. DAVID BUNSTON
FRANCO CRISPINO
President, Georgian Communities
Vice-President of Sales and Marketing, Arista Homes
Currently active in the Simcoe and Grey County regions with a focus on lowrise and medium density development and homebuilding. Mountain House at Windfall was built out in 2022, sales and construction continue at Braestone Estates in Horseshoe Valley, and Windfall in The Blue Mountains. Upcoming communities include Victoria Annex in Collingwood and Craighurst Crossing, located in the Village of Craighurst. Each community they create is an opportunity to deliver something genuinely exclusive and special.
FRANK CAROGIOIELLO President, Royal Pine Homes More than 45 years experience and more than 5,000 new homes built across the GTA. Extensive experience in land acquisitions and development. Has recently ventured into the midrise condo market with two new projects, Capo di Monte in Woodbridge, and Hampton Place in Stouffville. A master craftsman who has a passion for detail on all his projects. Member of BILD and CHBA. Proud supporter of Sunnybrook Hospital and various charities.
MICHAEL CIPRIANO President, Gold Park Homes For over 25 years and across dozens of highly successful projects, Cipriano has brought a unique vision for homebuilding to prestigious neighbourhoods across Thornhill, Kleinburg, Markham, Woodbridge, Brampton, Richmond Hill, Barrie, Boldon, and Angus. With meticulous planning, sophisticated design, and exceptional craftsmanship, Gold Park Homes imbues every community with luxury, comfort, and style. Current communities include the award-winning Pine Valley Forevergreen in Vaughan, and upcoming communities at The Manors at Pine Valley, Clarkway and Castlemore, and Jane St. and Hwy. 7 Condominiums.
PETER CIPRIANO Developer, CEO, Goldpark Group One of the most respected and experienced names in Canada’s building and development industry. Cipriano has built thousands of homes over his 41 year career and developed hundreds of subdivisons. His broadly based real estate interests include lowrise, highrise, commercial properties and land development. Currently developing in Kleinburg, Brampton, Angus, Maple and Woodbridge.
A proven professional with an extenstive track record in the sales and marketing of new home communities across the GTA. Crispino is involved in all aspects of community/product design, ongoing marketing strategies, acquisitions, as well as corporate branding initiatives.
R. SCOTT DAVIE Broker, Founder Davie Real Estate Inc. Davie has more than 30 years of experience in real estate and has been a trusted advisor to many of the GTA’s top developers. Davie has listed and sold new home and condo projects from Brantford to Whitby, and from the Beaches of Toronto to Newmarket. He is recognized as a leading expert on pre-construction real estate sales and marketing in the GTA.
MICHAEL DeGASPERIS President and CEO, Arista Homes Ltd. Vice-President, TACC Group of Companies. Recognized as one of the top 50 Entrepreneurs in Canada by the Richard Ivey School of Business and is a recipient of the Queen Elizabeth II Diamond Jubilee Medal, the Order of Ontario and the Order of Vaughan. Member of BILD and Tarion, has received several awards, including: 2017 Tarion Builder of the Year, 2018 Tarion Builder of the Year finalist, 2018 EnerQuality Impact Award, Entrepreneur of the Year, Business of the Year, the Presidential Award of Merit, Award of Excellence, and the Lifetime Achievement award from the Vaughan Chamber of Commerce. Natural Resources Canada recognized Arista Homes as the 2018 EnergyStar New Home Builder of the Year while The National Congress of Italian Canadians awarded him the Ordine al Merito award.
ANDREA DeGASPERIS-RONCO President, OPUS Homes The first of the third generation to join her family in the construction industry. Established in 2011, OPUS has built more than 700 homes across the GTA containing elevated signature finishes, while giving back to the communities in which they build. She and her team have been awarded numerous recognitions, including the Young Entrepreneur Award, the Riley Brethour Leadership Award and being named finalists for Tarion’s Homeowner’s Choice Award and BILD’s Builder of the Year.
DEBBIE COSIC
GABRIEL DeSANTIS
CEO and Founder, In2ition Realty
President, DeSantis Homes
Cosic has been in the Real Estate industry for more than 30 years, sold more than $20 billion in real estate and is recognized as an astute professional and a fearless industry innovator. Cosic is a member of the Toronto Artscape Foundation and recently completed two terms as a member of the BILD Board of Directors. In2iton is one of the leading new home and condo sales companies and an international award winner.
Past President of WEHBA and past Board of Director for the OHBA. Developer of master-planned communities, detached homes, urban towns, mid- and highrise condos, commercial and employment space in Hamilton, Niagara and Halton regions. Winner of numerous sales, marketing and design awards at local, provincial and national levels.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 25
WHO’S WHO IN THE NEW HOME INDUSTRY
MARCO DeSIMONE
BARRY FEINER
President of Royal Park Homes
Co-Founder, Geranium
More than 36 years experience in building and development. Member of Tarion, BILD, RESCON, OHBA, Toronto Board of Trade. Active sponsor of various charities including Hospice Vaughan, Erinoak, SickKids, Wellspring Cancer Centre, Villa Charities and Big Brothers. Recipient of Certificate of Appreciation for restoring and preserving heritage buildings. Built and/or building in Mississauga, Toronto, Barrie, Oakville, Richmond Hill, Alliston, Milton, Markham, Vaughan, East Gwillembury, Aurora, among others.
MICHAEL DiPASQUALE CPA, CA-CFOO, Dunpar Homes DiPasquale joined Dunpar Homes in 2009 as Controller of the company and in 2017 was appointed Chief Financial and Operating Officer. Responsible for coordination of partnership and joint venture initiatives for the company, managing all accounting and finance functions, property management divisions, IT services, and leads legal negotiations. DiPasquale has been recognized for his outstanding achievements. He has contributed to Canadian Real Estate Wealth, on Business News Network and CitySpark.
FRANK DODARO President, North Star Homes Builder of quality homes with award-winning projects ranging from townhouses to luxury singles. Also builder of commercial and industrial buildings. Member of BILD and CHBA with 45 years in the industry. Current projects in Richmond Hill, Toronto, Aurora, Oshawa and Ajax. Twice recipient of the prestigious BILD Builder of the Year Award (2004 and 2008).
DAVID EISENSTADT Founding Partner, TCGPR (The Communications Group Inc.) An award-winning PR consultant serving real estate clients across Canada. He achieved Canadian Public Relations Society (CPRS) recognition – Shield of Public Service and the Phillip A. Novikoff Memorial Awards. Elected the 1st Canadian Fellow, Public Relations Society of America and the 1st CPRS Fellow, he’s a former Senator and Member of the Order of the University of Calgary. A Carleton University School of Journalism grad, he has just published his first book: Under the Radar – 30 Notable Canadian Jewish Musicians.
FRED ENNAMORATO District Manager, Toronto, Lennox Industries Lennox is celebrating more than 125 years as the leader in home comfort solutions. Ennamorato has been involved in industry for more than 35 years. Directly involved with the building industry in Canada for more than 25 years. Won award for top sales rep, North America, 1995. Member of all major homebuilder associations across Canada. Proudly visible in the homebuilding community. Supports many charitable organizations, including Habitat for Humanity.
Feiner leads a multi-faceted team responsible for marketing, sales and construction for multiple communities. Geranium was awarded BILD’s 2013 Places to Grow Lowrise Community for its flagship master-planned neighbourhood in Stouffville, the 2012 Home Builder of the Year, CHBA Grand Sam Award, and numerous design awards. Geranium is a partner in Friday Harbour Resort, Innisfil. Feiner spent two terms as a Board Member of BILD.
BOAZ FEINER President, Geranium Feiner leads a highly experienced team responsible for lowrise and condominium product design, marketing, research, sales and construction, for which they have received top industry and design awards. Geranium is also known for their expertise in planning and development, undertaking complex master plans on former golf courses such as Allegro in downtown Aurora and Courts of Canterbury in Port Perry, as well as the multi-faceted Friday Harbour Resort in Innisfil.
BOB FINNIGAN President, Heathwood Homes, Principal and COO of Acquisition and Housing, HERITY (Heathwood Homes and Heron Homes). Past President of BILD (2007), OHBA (2011), CHBA (2016) and past Tarion Board Member. Active in the Southern Ontario real estate market in residential, commercial, and industrial development. Currently building communities in the GTA and Kitchener-Waterloo.
PETER E. GILGAN Chairman and CEO, Mattamy Asset Management and Founder of Mattamy Homes Canada’s Entrepreneur of the Year (2007). Is a Fellow of the Institute of Chartered Accountants of Ontario and named Outstanding Business Leader by Laurier University’s School of Business & Economics (2010). Has been appointed The Order of Ontario (2012), the Canadian Business Hall of Fame (2013), and the Order of Canada (2014) in recognition of leadership in the homebuilding industry, and contributes to a wide range of community initiatives focused on health education, social services, and community causes.
JOE GRASSO Principal, NGEN Communications An internationally experienced marketing strategist that’s reshaping the way brands are marketed. Grasso understands the power of integrating new mediums with traditional ones to add a new dimension to communicating your brand. He believes that great ideas should deliver real-time results and open the way to new markets and opportunities, and that you know your product better than anyone. Grasso brings the passion of your beliefs to your customers and prospects by being just as passionate as you.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 26 HOMES Magazine | May 7–June 4, 2022
WHO’S WHO IN THE NEW HOME INDUSTRY
GEOFFREY GRAYHURST
TAMI KENWELL
President and CEO, Dorsay Development Corp.
President and Founder, Madhouse Advertising
More than 20 years of real estate experience in the GTA. Active in residential development and commercial acquisitions, and acts as the global advisor for the real estate interests and investments of affiliates in Western Europe. He is a member of the National Association of Industrial and Office Properties, the Urban Land Institute, the Urban Development Institute, Building Industry and Land Development Association, Lambda Alpha International, and is a professional land economist. Grayhurst also sits on the boards for REALPAC and R-labs.
Madhouse delivers with passion, innovation and brand integrity, and Kenwell brings more than 25 years of sales and marketing experience in the real estate industry to her clients. Leading a powerhouse team of creative individuals, Kenwell’s promotional expertise with builders/developers spans a broad range of lowrise, highrise, commercial and retail products. Specializing in interactive digital experiences.
DAVID KLUGSBERG President/COO, L.A. Inc.
VICKI GRIFFITHS President, Vicbar Marketing and Communications Ltd. Specializing in strategic marketing and communications initiatives in the building and development industry across North America. The company also brings years of expertise to the not-forprofit, seniors, health care and financial sectors. She has served on the Board of Directors of numerous provincial and national charitable organizations.
More than 30 years experience in marketing real estate, including highrise and lowrise housing, resort communities, hotel and retail developments and rental housing in Canada and the U.S. Has worked for developers and agencies, bringing a unique perspective to the marketing equation. Served on the Board of BILD. Awarded the Riley Brethour Award for his outstanding and consistent achievements in residential sales and marketing.
STEPHANIE LANE Director, Sales and Marketing, Geranium
DANIEL GUIZZETTI President/CEO and Co-Founder, Empire Communities He has been involved in the development of residential, commercial and industrial real estate in North America for more than 30 years. Guizzetti actively participates in all aspects of the business, including finance, investment strategy, land development and construction, as well as acquisitions and dispositions.
Lane holds a key position on the management team, where she implements successful marketing and sales programs for all Geranium’s residential communities. She is known for her innovative and results-driven approach, strategic initiatives and team-building style. Her achievements include numerous nominations and awards at local, regional, and national levels. Active member of TRREB and BDAR. Longserving past member of Board of Directors, Hats On For Awareness.
AL LIBFELD DAVID GUMBS
President, Tribute Communities
Principal, Diezel Advertising
Tribute is one of the largest builders of homes and condominiums in Toronto. Libfeld has more than 45 years in the industry. Past President of OHBA. Past Chairman of Tarion.
Diezel is an affordable, full service, creative and marketing team focused on everything real estate. Gumbs offers more than 30 years experience servicing the marketing and advertising needs of Canadian new-home builders and developers.
FRED LOSANI CHRIS HUTCHINS Marketing Manager, Branthaven Homes Post-secondary educational background in interior design, with residential and hospitality/commercial project experience. Active in the sales and marketing management of new lowrise and midrise residential construction and development projects throughout the GTA and the Waterloo/Wellington Region.
CEO, Losani Homes Losani Homes, recipient of more than 100 local and Canada-wide homebuilding awards, has been named one of Canada’s Best Managed Companies for 12 years with Platinum status. Losani Homes has been awarded the Consumer’s Choice Award in the Hamilton region for value and quality for nine consecutive years, as well as the award for Philanthropic Company of the Year. The Losani Family Foundation also received the 2017 BILD Stephen Dupuis Humanitarian of the Year Award.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 27
WHO’S WHO IN THE NEW HOME INDUSTRY
ROBERT & ED LUCCHETTA
JARED MENKES
Second-generation Principal and President, Lucchetta Homes
Executive Vice-President, Highrise Residential Division, Menkes Developments Ltd.
A family-owned, custom award-winning homebuilder of more than 3,000 homes in the past 60 years. Currently active in lowrise residential developments throughout Niagara, notably the flagship communities of The Residences of Hunters Pointe, which won Best Community in Canada by CHBA, Ryan’s Grove, and Davis Heights in Fonthill. Recently recognized for building Canada’s first Net Zero Energy Ready Qualified home. Garnering local, provincial and national awards.
Oversees all aspects of the High-Rise Division including the development, marketing, sales, construction and customer service of more than 40,000 condominium units across the GTA. Menkes has twice been named Canada’s top selling builder and launched luxury and mixed-use developments, including the award-winning Harbour Plaza Residences in Toronto’s South Core. He is currently overseeing Sugar Wharf Residences on the waterfront, Mobilio and Festival in Vaughan, Menkes Condo Rentals and Menkes Property Management.
ANDREW MASSIE Executive Vice-President, Georgian Communities Currently active in the Simcoe County and Grey County regions with a focus on lowrise and medium density development and homebuilding. Mountain House at Windfall was built out in 2022, sales and construction continue at Braestone Estates in Horseshoe Valley, and Windfall in The Blue Mountains. Upcoming communities include Victoria Annex in Collingwood and Craighurst Crossing located in the Village of Craighurst. Each community they create is an opportunity to deliver something genuinely exclusive and special.
GEOFFREY McOUAT Creative Director, Brand Identity Consultant and Principal, McOuat Partnership Recipient of numerous advertising and marketing industry awards, he has contributed to the successful completion of more than 3,000 communities, condominium projects and resort condominiums. His experience also includes work with such brands as Honda, Nestlé, Butterball, Weetabix, Perrier and others.
STEVEN MENKES President, Lowrise Residential, Menkes Developments Menkes heads the Lowrise Residential Division and oversees the Finance and Accounting functions for the company. Under his leadership, the Lowrise Residential Division has received recognition for excellence in the development and construction of more than 3,000 detached homes in communities across the GTA. Currently he is overseeing NY Walk, a new townhouse community at Yonge and Sheppard in North York, and Winchester Estates, which includes towns and single-detached community in Oshawa.
SEAN MILLETTE Director for New Business Development, Builder Insight Group
LIANNE McOUAT Vice-President, Strategy and Client Service, McOuat Partnership A strategic marketing professional with more than 25 years of experience in all real estate sectors. A veteran of more than 1,000 projects and winner of numerous sales and marketing awards at the regional, provincial, national and international levels.
Graduated from Laurentian University with a BOC, specializing in Sports Administration. He started his career working for the Montreal Alouettes before taking on a marketing role with the Montreal Expos in their final season. He helped launch Breville Keurig coffee machine, the Reebok 5K skate into the Canadian market and designed Costco and Sealy’s national learning programs. Fluent in French and in English, Millette is active in the local community coaching and participating in hockey and baseball.
ADAM MENKES Director of Development, Lowrise, Menkes Developments Menkes oversees the Lowrise Division, including the acquisition, planning and development, design, sales and marketing of communities such as Lake & Town in Etobicoke, Mobilio in Vaughan, NY Walk in North York and Winchester Estates in Oshawa, which includes towns and single-detached homes. He is a member of several local homebuilders’ associations and is an editorial contributor in various industry publications.
ROB MILLS President & Owner, The Blythwood Group Blythwood Group has a long history of unique design and custom homebuilding, with 31 years of experience in creating active adult communities in Ontario, including Brighton, Muskoka, Niagara-onthe-Lake, and Ridgeway. Latest projects include plans for an upscale condominium in the old town of Niagara-on-the-Lake and townhome bungalows in Ridgeway.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 28 HOMES Magazine | May 7–June 4, 2022
WHO’S WHO IN THE NEW HOME INDUSTRY
PETER MOULDS
PATRICK O’HANLON
Partner, Drive Agency
Principal, Compass Hill Developments, President, O’Hanlon Holdings Ltd.
Responsible for creative development and art direction since 1998. His extensive experience includes corporate design work for GM, Ford and Carling O’Keefe, as well as packaging, corporate environmental and trade show design and more than two decades of experience in design work for major real estate development companies specializing in residential, retail and commercial marketing campaigns.
BEN MYERS President, Bullpen Research & Consulting Inc. A residential real estate advisory firm specializing in condominium/rental apartment market studies and high-density land valuations. Twenty years of international real estate research experience. Myers is also the Special Market Advisor at Baker Real Estate, assisting in the pricing and analysis of new home developments. As a rental market commentator, Myers and his team produce the National Rent Report for rentals.ca. Co-host of the Toronto Under Construction podcast.
HARLEY NAKELSKY President and Partner, Baker Real Estate Inc. Nakelsky has been pivotal to the success of Baker, ensuring that its clients benefit from cutting-edge innovation, tried-and-true strategy and unique insights. His leadership, strategic vision and deep roots in sales guide the senior management team. Nakelsky also takes a direct and active role in maximizing revenue for Baker’s clients.
LINDA O’CONNOR Principal, Ryan Design International Inc. Guiding the creative process for some of the country’s most prominent brands for almost 20 years. O’Connor leads some of the largest real estate accounts in the company’s portfolio. A public speaker and thought leader on marketing and sales technology in the real estate industry for the BILD and the OHBA. She enjoys the opportunities to help startups, mid-size builders as well as some of Canada’s leading homebuilders.
Has been involved in building and developing more than 10,000 homes in Ontario, Quebec and the USA for more than 30 years. Currently with Compass Hill, he is developing more than 500 townhouse and single-family lots in Brooklin, Whitby. Previously co-founder of Kylemore Communities and International Home Marketing, President of BILD in 2000. Recipient of the Riley Brethour Award, Condominium Person of the Year, the prestigious Alumni Award from Ryerson University and the Arbor Award from UofT for his fundraising efforts. His involvement in giving back to his community is lengthy.
GRAZ PALUMBO Principal, Democrat Homes Responsible for sales and marketing. Democrat Homes offers more than 31 years of experience in new home construction and is currently building in two communities: Horseshoe Valley and Orillia.
MARK PALUMBO Sales Manager, Democrat Homes Democrat Homes offers more than 31 years of experience in new home construction and is currently building in two communities in Horseshoe Valley and Orillia.
DEENA PANTALONE Managing Partner, Chief Innovation Officer at Venturon and National Group of Companies Pantalone’s expertise is focused in the place where real estate and technology meet. As Founder and Managing Partner at Venturon Ltd., she leads a capital group investing in, and mentoring, global start-up companies that develop innovative technologies, products and services for the real estate industry. Pantalone builds communities, condos, retirement residences, commercial properties and develops land throughout Canada and the U.S.
JASON PANTALONE CHRISTOPHER O’HANLON Managing Partner and COO, Sunny Communities O’Hanlon has built a solid reputation on his ability to form productive working relationships with planners, tradespeople, agencies, consultants, and policymakers. Early entrepreneurship at O’Hanlon Construction allowed him to hone those skills and build an early name for himself. With his extensive knowledge, experience, dedication, and an ability to nurture relationships, he is an integral part of Sunny Communities. He pays particular attention to what and how he builds, and remains committed to building homes that prioritize community.
President and CEO, Managing Partner, National Homes A graduate of the University of Western Ontario, Pantalone also holds a Masters of Science in International Housing from the London School of Ecomonics (U.K). Specialized in land development, with emphasis on infill, low- and hirise residential development, retail malls and high-end retirement residences. More than 25 years experience in land acquisitions, Pro forma and budget analysis, land development approval process, construction contract negotiations, building design development and property management.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 29
WHO’S WHO IN THE NEW HOME INDUSTRY
ROCCO ‘ROCKY’ PANTALONE
JUDY PRYMA
Founder & Chairman, National Homes Group of Companies
Vice-President, Clay Products, Brampton Brick Ltd.
It all began with a vision of one man. From his foresight and drive has come all the growth and success of a diversified group of companies including National Homes, Pantalone Realty Corp. and Venturon Development Corp. With decades of experience in the real estate industry and extensive interests in land sales and land development, Pantalone’s leadership has helped make the National Homes Group of Companies a leading force in Toronto real estate.
Past President of the Clay Brick Association of Canada and President of Masonryworx. As a single source for quality, durability and longlasting style, they develop and manufacture brick and stone products that work together. The trust of customers keeps the company focused on their goals; to lead the way in innovation, affordability and lifetime satisfaction. When you purchase Brampton Brick masonry and Oaks Landscape Products, you make an investment in longevity, in stunning aesthetics and in them.
SHAKIR REHMATULLAH Founder and President of Flato Developments
MIKE PARKER Vice-President Sales and Marketing, Georgian Communities Currently active in the Simcoe County and Grey County regions with a focus on lowrise and medium density development and homebuilding. Mountain House at Windfall was built out in 2022, sales and construction continue at Braestone Estates in Horseshoe Valley, and Windfall in The Blue Mountains. Upcoming communities include Victoria Annex in Collingwood and Craighurst Crossing located in the Village of Craighurst. Each community they create is an opportunity to deliver something genuinely exclusive and special.
JERRY PATAVA Chair, Great Gulf Strategic Advisory Board and Chair of Ashton Woods USA LLC Patava has more than 40 years of experience in real estate and finance. Before joining Great Gulf, he served as Executive Vice-President and CFO, Fairmont Hotels & Resorts Inc.; Director and Executive VicePresident, CFO and Treasurer, Legacy Hotels Real Estate Investment Trust; senior position as Vice-President and Treasurer of Canadian Pacific Ltd., Vice-President and Director, RBC Dominion Securities Inc. Served on public and private boards in North America and internationally. Currently a Board Member and Chair of the Investment Committee of Terra Firma Capital Corp. Member of the Fiera Capital Corporation Independent Review Committee. BA from the UOT and a MBA from York University.
Flato builds master-planned communities across Ontario. Flato also builds rental housing, including adult lifestyle communities, and affordable/ attainable rental housing. The company believes in giving back to communities where it builds, and a recent example is the Support to The Flato Academy Theatre – Lindsay and Scholarship Support to Fleming College in Lindsay.
MIRELLA SARRAPOCHIELLO Vice-President of Sales and Marketing, Dunpar Homes Sarrapochiello leads all sales and marketing activities for multiple new residential, purpose built rental and commercial/retail projects across the GTA. An expert in transforming issues into clear customer value messaging, Sarrapochiello directs the teams responsible for product and product brand development, market research and the sales and marketing strategy for all Dunpar pre-construction projects. Sarrapochiello holds a Bachelor of Commerce degree.
JAYSON SCHWARZ Senior Partner at Schwarz Law Partners LLP More than 44 years of practice in the areas of real estate law, including developer, builder and consumer representation; corporate/commercial transactions; domestic and international business structure, tax, succession and corporate planning. Completed his Master’s degree in business law at Osgoode Hall Law School in 2011. Guiding consumers through the real estate maze for more than two decades through his company and his Legally Speaking column. He has also written for, and been quoted in, several large national publications and newspapers and has appeared as a real estate expert on radio and television.
CHERYL SHINDRUCK Executive Vice-President, Geranium
TONI PETTIT Partner, The Morrison Group Pettit has many years experience in public relations, marketing and advertising, as vice-president with a major builder/developer and also as a consultant. Experienced in the many aspects of new home marketing, she brings a multidimensional perspective to creating opportunities for success.
Shindruk has a Master’s degree in City Planning and Bachelor of Human Ecology. She joined Geranium in 2003. Under her leadership, Geranium continues to obtain approvals for large-scale master-planned developments and complex infill developments. A long-time BILD volunteer, Shindruk was Chair 2019-20 and previously chaired its Simcoe Chapter. She was a Board member of Unionville Home Society and currently is on the Board of the Canada Ireland Foundation.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 30 HOMES Magazine | May 7–June 4, 2022
WHO’S WHO IN THE NEW HOME INDUSTRY
DINA SIMONE
MARY SYE
Marketing Director, North Star Homes
Energy Advisor for Municipalities and Commercial New Construction, Enbridge Gas Dist.
More than 31 years of experience in the industry. Director of marketing and advertising campaigns, as well as co-ordinating and decorating of model homes/ sales offices for all projects of North Star Homes. Currently with sites in Richmond Hill, Toronto, Aurora, Oshawa and Ajax. Twice recipient of the prestigious BILD Builder of the Year Award (2004 and 2008).
STEPHEN SMITH Sales Manager, Residential Masonry – Greater Toronto, Brampton Brick Ltd. As a single source for quality, durability, and longlasting style, the company develops and manufactures brick and stone products that work together. The trust of their customers keeps the company focused on their goals; to lead the way in innovation, affordability, and lifetime satisfaction. When you purchase Brampton Brick masonry and Oaks Landscape Products, you make an investment in longevity, in stunning aesthetics and in them.
NADINE SOBANSKI Director Lowrise Residential, Sales and Marketing, Menkes Developments Ltd. The company has a prestigious portfolio of innovative and family-oriented communities that encompass single-family homes and towns across the GTA, including Etobicoke, Oakville, Vaughan, Oshawa and North York. Menkes’ lowrise division has been recognized with numerous awards, including Community of the Year and Best Model Home from the DRHBA, and the WEHBA.
ANNABELLE SONG Marketing, Sales and PR Manager, Flato Developments Strong educational background with two Bachelors degrees in Business Management and Automation (Engineering), and one Masters degree in Communications (Arts). Song has extensive national and international experience in marketing and advertising for more than 10 years. She is in charge of all marketing, sales and PR initiatives at Flato. She has worked on master-planned communities in Beeton, Dundalk, Markham, Owen Sound, and more.
STEVEN STIPSITS
More than 30 years of experience in the new construction industry, Sye promotes and encourages builders/developers to build energy-efficient buildings. On the board of directors for OSEA and served as a board of director for Sustainable Buildings Canada, Niagara Home Builders Association and BILD. Sye is involved in municipal energy plans and with other associations. She has also been involved with Niagara Women Build for Habitat for Humanity, Toronto Habitat for Humanity, Toronto Big Sisters and Shelter Movers.
DINO TAURASI President, StateView Homes Inc. More than a decade of experience building homes across the GTA, including townhomes, semis, detached and custom homes. Has established extensive expertise in the land development approval process, construction contract negotiation, acquisitions, budget analysis, and property management. Proud to be building communities across the GTA, including Kleinburg, Newmarket, Markham, Barrie, King City, Richmond Hill, Brooklin, and Stouffville.
DAVE WILKES President and CEO, BILD The association has 1,300 members and proudly represents builders, developers, professional renovators and those that support the industry. He has previously served on the George Brown College Board of Directors and Executive Committee, the Board of Directions of the Ontario Curling Association and the Black North Initiative (Housing Committee). He is a current member of R-Labs I+T Council. Wiles was also a member of the Ontario Government’s Housing Affordability Task Force. He received his Bachelor of Arts (Applied Geography) from Ryerson.
ROBERTO YANGOSIAN Vice-President/Group Account Director, The Brand Factory With more than 25 years developing and brand consulting with a specialty in the architectural engineering and construction segment. Have launched the most high profile real estate brands in the GTA, while also building their overall brands. Specialist in integrating branding, budgeting, advertising and marketing, print production and consolidating client expectations.
Owner and President, Branthaven Homes The proud recipient of numerous product, design and leadership awards including the Tarion Ernest Asslay Builder of the Year and Stephen Dupuis Humanitarian of the Year. Currently celebrating 50 years of homebuilding excellence, Branthaven is leading the industry with attainable luxury, design forward lowrise communities and highrise developments across the west GTA.
JOHN ZANINI President, Dunpar Homes Zanini has grown Dunpar Homes to become the expert in luxury townhomes. Dunpar has been building townhomes in the GTA for more than 40 years and is currently building luxury townhomes in Etobicoke, Mississauga and Oakville.
MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 31
ADVICE | PERSONAL FINANCE
EVERYTHING YOU NEED TO KNOW ABOUT A MORTGAGE PRE-APPROVAL
JESSE ABRAMS
On April 13, 2022, the Bank of Canada announced its second interest rate hike of the year – with its benchmark interest rate now sitting at one per cent. As a homebuyer in today’s market, things may feel uneasy, as there are many uncertainties that come with the process. From saving for a down payment and finding the right home, to navigating increasing interest rates and qualifying for a mortgage, there’s a lot you need to consider. If you are thinking about buying a home right now, you can balance out some of this uncertainty with a mortgage pre-approval. It’s a great way to be prepared for the process so you can put your best foot forward in what feels like an unpredictable market scenario. Further, with rates going up, you can lock one in for up to 120 days. WHY A MORTGAGE PREAPPROVAL IS A GOOD IDEA
A pre-approval conditionally approves your eligibility for a mortgage. While it’s less formal than getting a final approval, in this situation, your lender will commit to holding a mortgage rate and product for you for a 120day period. Given the unpredictability of interest rate hikes, a pre-approval is a fundamental tool buyers can use to get some of their power back in this situation. For example, 120 days from now brings us into the second week of August. In the event that you get preapproved now, you could potentially lock in a lower interest rate and 32 HOMES Magazine | May 7–June 4, 2022
hold it through the hot spring and summer market without being subject to further rate increases. If there happened to be a rate hike in June, you would not be affected. If you buy a home within that 120-day period, this pre-approval can convert to a final mortgage approval, pending that specific conditions are met. A mortgage pre-approval is usually free and comes with no obligation to move forward. At Homewise, we’ve made the mortgage pre-approval process incredibly simple with an online application that you can complete in just five minutes. It is important to note, preapprovals are not 100 per cent, but they are a good guide. IT SETS THE RECORD STRAIGHT ON WHAT YOU CAN AFFORD
With inflation rising and gas prices hitting record highs, many Canadians have an eagle eye on their monthly household spending. When you add buying a home into the mix, it makes understanding your affordability that much more essential to your financial well-being. When you get pre-approved for a mortgage, it provides insight into what you’re eligible to borrow and how much you can afford to spend. This can help you set clear parameters on spending and what neighbourhoods you’re able to buy in, making for a more productive home search. A pre-approval can also help you proactively budget what your monthly payments will be, along with any other expenses that are often missed, such as closing and carrying costs. Getting pre-approved encourages you to take these extra costs into account well in advance.
IT BOOSTS YOUR CREDIBILITY AS A BUYER
In today’s ultra-competitive market, a pre-approval gives you added negotiating power, demonstrates your financial stability and confirms that you’re trustworthy and serious about making a purchase. DON’T FORGET TO SHOP AROUND DIFFERENT LENDERS
Many first-time homebuyers will often run straight to their bank or their parent’s bank for a mortgage, without considering other (more favourable) options. Believe it or not, there are other lenders besides banks that you can use, such as credit unions and monoline lenders who offer strong mortgage products – which may even work better for you in the long run. For example, most first-time buyers tend to break their mortgage before the end of their five-year term and some lenders will charge large penalties for this. That’s why it’s important to shop around different lenders and get clear on the various products and features available before you lock anything in. Purchasing a home is a significant milestone that marks the start of a new chapter in your life. One sure way to make this process as enjoyable and stress-free as possible is by getting pre-approved for a mortgage. Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm. thinkhomewise.com
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ADVICE | LEGALLY SPEAKING
WHAT FIRST-TIME BUYERS NEED TO KNOW ABOUT YOUR LAND TRANSFER TAX REFUND JAYSON SCHWARZ, LLM and BRIAN BENNETT, JD
Buying a property is one of the most important purchases you can make in your life. In today’s real estate market, it can also be one of the most daunting. This is especially true for first-time buyers who might not know what to expect. However, there are some advantages to buying your first property, such as the refund on Land Transfer Tax that is only available to individuals who have not previously owned real estate. While many buyers have heard of the Land Transfer Tax refund, there are a lot of misconceptions about what it is precisely. A common mistake first-time buyers make is thinking they won’t have to pay Land Transfer Tax at all. Unfortunately, Ontario’s Land Transfer Tax refund is capped at $4,000. Toronto, which has its own Municipal Land Transfer Tax that mirrors the Province’s, caps its refund slightly higher at $4,475. According to the Parliamentary Budget Officer’s House Price Assessment released earlier this year, the average price of a home in Canada at the end of 2021 was $811,700; the Province would assess Land Transfer Tax in the amount of $12,709 for property purchased for that amount. Qualified first-time buyers would be entitled to the maximum rebate of $4,000, but would still have to pay the Province $8,709 in Land Transfer Tax. Were this average priced home located in
Toronto, the combined provincial and municipal Land Transfer Tax owned by a buyer would be $25,418, with first-time buyers paying $16,943 after both levels of governments’ refunds are applied. There are also often misunderstandings about who qualifies as a first-time buyer. You may not own property in Ontario or even Canada, but still not qualify if you have owned property elsewhere in the world. You may also be disqualified from the refund if you were otherwise a first-time buyer, but your spouse owned property while you were legally married to him or her. Partners who are not legally married may be able to structure their ownership of a property in such a way as to take advantage of one partner’s eligibility for the rebate, even when the other has owned property before. Buyers should consult with a real estate lawyer before budgeting to receive the refund. First-time buyers of new build properties should be extra cautious when assuming they will qualify for
the Land Transfer Tax refund. The Land Transfer Tax is payable on final closing when title is transferred. This can be several years after entering into the agreement to purchase the property. A buyer who was eligible for the rebate when they agree to purchase a new build property, may be ineligible by the time they receive title, if in the interim, he or she inherited an interest in a property, or married a homeowner. There is a lot to consider and perhaps the best advice we can give, as the Boy Scouts say, is to be prepared. There is nothing worse than having all of your ducks in a row and discovering the day before closing that you need an additional $15,000 to $20,000.
Jayson Schwarz, LLM, is managing partner, and Brian Bennett, JD, is an associate at Schwarz Law Partners LLP. schwarzlaw.ca, info@schwarzlaw.ca.
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COVER STORY
NATIONAL HOMES CELEBRATING 30 YEARS OF PUTTING CUSTOMERS FIRST A 30th anniversary is something worth celebrating, and when that relationship involves thousands of families across the GTA for generations, that continuous timeline of commitment takes on an even deeper meaning. “Since 1992, National Homes has been committed to the principle that “You Are the Blueprint”, says Jason
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You are the blueprint for every home we build.
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Pantalone, president and CEO of National Homes. “This philosophy has driven every aspect of our decisionmaking, from what locations to build in, to the character and features of the homes we design. This year, we are very proud to celebrate our 30th anniversary, and a key part of our success since the very beginning has come from listening to the hopes,
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dreams, and all the wonderful ‘what if’ ideas of our customers.” Through programs such as focus groups, workshops and the company’s innovative YOUprint surveys, National listens to real homebuyers who share their insights and expectations. National invests in land in neighbourhoods where people want to live, and designs
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homes with the features and flow that people want in their lives. This results in homes that are planned from the inside out, with a holistic design perspective that supports physical, mental and emotional well-being. From every focus group, suggestions spark new thinking. And those ideas are then sourced, designed, tested and finally incorporated into the next generation of National homes, to make the lives of their homeowners even better. In every National home, customers can choose from a whole series of Bright Ideas that rethink how technology and design can improve every moment through smarter thinking. These include features that can help organize your life, thoughtful details that make every day a little more rewarding, innovations that make life more
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connected, and construction techniques that are more sustainable and better for the planet. Just a few of the constantly evolving series of innovations in National’s Bright Ideas Program include specially-designed drop zones by the garage door, with storage for footwear and outerwear, integrated Amazon Echo Plus with built-in Smart Home Hub, and video doorbells with smartphone capability. You can even have a dog-wash station, and that’s just the beginning. What if there was a place for everything? National has a Bright Idea for that, too, with Panasonic closet organizers with rotating extending shoe storage, family centres with multi-functional desks, including smart-charging, whiteboards and floating shelves, and even built-in recycling centres with three simple separate containers.
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What if the features of your home could be controlled with your Smartphone? National has Bright Ideas for that as well. Features such as Smart Switches connected to Alexa Voice service, or remotely by smart phone apps, or Alexa-controlled Moen showers and kitchen faucets, and even Smartlocks controlled by Smartphones. Or just touch to open. It’s all part of National’s focus on understanding and respecting the needs of the customer, with ideas that save time, and bring families closer to the things that matter. Since 1992, year after year, in a continuous day-by-day timeline, the team at National Homes has been committed to innovation, because someone has to be first, and that means rethinking everything, continuously. Today, National Homes has grown into one of the GTA’s most successful and respected homebuilders.
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UPCOMING NATIONAL HOMES COMMUNITIES: Mississauga – Whitehorn Woods, townhomes on Britannia West, from $1.3 million National is coming this spring to Mississauga at Britannia Road West near Creditview Road. A private enclave of refined townhomes, just steps from woodland trails and the river valley. Impeccable finishes, elegant design, private garages, many with coveted backyards, plus options for homes with private, secondary suites. Minutes from Heartland Centre shopping. Burlington – midrise condominium and townhomes on Plains Road Modern urban sophistication comes to Plains Road in Burlington, with two boutique midrise condominiums offering spacious, stylishly designed suites. There will also be a limited collection of modern townhomes, offering a refined take on urban living. Brampton – DUO Condos – condominiums on Steeles Avenue West A 26-storey condominium by National Homes and Brixen Developments Inc. is coming soon to Steeles Avenue West near Hurontario Street. Minutes from the Brampton Gateway Terminal, Brampton GO station and future LRT, DUO is revolutionizing this remarkable neighbourhood. The place where parks and schools are within touching distance, shopping, restaurants and lush golf courses enrich your life, and relaxing suites bring joy every day.
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Thousands of home buyers answered our National survey.
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With more than 15,000 homes in its portfolio of accomplishments, National has developed more than 20,000 acres of land, constructed thousands of square feet of retail and commercial developments, and has a growing focus on the highrise market with a new 26-storey condo coming soon to Brampton, and two midrise towers plus townhomes coming to Burlington. Over the next five years, the company aspires to provide new homes for families across the GTA, with more than 3,000 new homes already in the planning process, and many more on the horizon. National’s award-winning Interior Design Studio is a perfect example
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of its “You Are the Blueprint” philosophy. This beautiful new space is so much more than a showroom. Here, every step of the design process is planned and presented to their homebuyers in a perfect balance of high tech and hands-on experiences. In stunning displays, vignettes or entire rooms of inspiration, every detail for a buyer’s design decision is presented in a clear, user-friendly way backed up with the support of an interior design consultant. For those who are interested in home automation and property technology, National is at the leading edge of the Proptech industry. At the Interior Design
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Studio, buyers will find a world of ways to connect with and control the elements of their home. The R&D department at National regularly tests products, materials and techniques in the Blueprint Design Lab with a particular emphasis on sustainability. National also hosts their innovative Blueprint Workshops here. “So, if you can see yourself in a National home,” says Deena Pantalone, National’s chief innovation officer, “it’s because You Are the Blueprint. And that’s been at the heart of the National Homes story for 30 years. And counting.” For further information or to register for any of these sites visit nationalhomes.com.
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Greater Toronto’s Finest NEW HOME GUIDE
Greater Toronto Area May 7–June 4, 2022
What If?
For THIRTY YEARS now, National has started every day by rethinking what is possible.
C E LATING E B R ATI NG CELEBR 3 0 3 Y0E AYRES A R S
INSIDE:
SPECIAL SECTION: WHO’S WHO IN THE NEW HOME INDUSTRY
WHY WE ALL LOSE WHEN WE DON’T BUILD ENOUGH HOMES
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BUILDER PROFILE | MASON HOMES
AN ALL-NEW POINT OF VIEW COMING SOON TO BARRIE AND PETERBOROUGH 3-STOREY ROOFTOP TERRACED TOWNS BY MASON HOMES Award-winning Mason Homes is proud to continue its tradition of innovative new home design and construction, with exciting news on two new townhome neighbourhoods coming this fall.
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The Residences of Broadway, in the popular master-planned Parklands community in Peterborough, and FOUR10 Yonge, located at 410 Yonge St. in Barrie, will feature a limited
offering of all-new loft-inspired three-storey townhomes. In both communities, striking accents of brick and stone, together with large, oversized windows and exterior detailing, envelope the dramatic facades of these exceptional residences creating a lasting first impression. Within, in true Mason Homes fashion, modern design features combine with an infusion of state-of-the-art finishes and features throughout to take full advantage of open-concept, sun-filled interiors that offer an abundance of exciting design opportunities to suit every lifestyle and taste. Thoughtfully designed floorplans will feature three magnificent levels of living space up to 2,100 sq. ft. Interior design highlights – and there are many – include hard-wearing vinyl plank flooring, generous gourmetinspired kitchens with stylish stone counters and every convenience
close at hand, a choice of two or three bedrooms, private master bedroom retreats complete with spainspired three-piece ensuites, and for added convenience, direct access single- and double-car garages. One of the most popular features found within these value-added residences will no doubt be the addition of stunning rooftop terraces. Not only do they add up to 500 sq. ft. of outdoor living space, they are also perfect for outdoor entertaining, al fresco dining or just relaxing on a nice summer’s day with family and friends. THE RESIDENCES OF BROADWAY – PETERBOROUGH
A charming new addition to Mason Homes’ award-winning, masterplanned Parklands community in Peterborough, The Residences of Broadway enjoy a wonderful location set along people-friendly streetscapes and richly landscaped boulevards, and are just steps from the numerous paths, trails and preserved woodlands that continue to make the Parklands community Peterborough’s address of choice. FOUR10 YONGE – BARRIE
Located at the gateway to cottage country, backing onto Willoughby Park at the corner of Yonge Street and Little Avenue, FOUR10 Yonge enjoys a convenient location that’s just minutes to Hwy. 400 and a choice of two GO train stations – Allandale Waterfront and Barrie South. Barrie Transit is at your door, and you’re just a short drive to many year-round attractions and amenities found in downtown Barrie, the south shore of Kempenfelt Bay and points north. And The Original Barrie Burger – a local favourite since 1977 – is just across the street. KINGSWOOD – COBOURG
For those looking for a more traditional townhome design, Mason Homes invites you to consider it a Kingswood neighbourhood, now selling in Cobourg. Kingswood features an intimate collection of just 27 exceptional two-, three- and four-
bedroom freehold townhomes, all with direct-access two-car garages, and available in Mason Homes’ ever popular Arts & Crafts Classic designs. Kingswood townhomes will deliver affordable luxury by combining cutting-edge building products and technology – something that has earned Mason Homes numerous industry accolades, including the Peterborough & Kawarthas Home Builders’ Association’s Builder of the Year and Green Builder of the Year. Celebrating more than 60 years of excellence in development, design and new home construction, Mason Homes remains one of Ontario’s
most successful and forwardthinking new home construction companies. As with every new Mason home, each residence is built to Energy Star standards, offering homeowners more comfort, lower energy consumption, and total peace of mind for today and the years ahead. For more information and to register for The Residences of Broadway, FOUR10 Yonge and Kingswood, visit masonhomes.ca, or follow on Facebook, Twitter or Instagram for updates as they become available. nexthome.ca 39
BUILDER PROFILE
A NEW VIEW ON HOMEBUILDING STATEVIEW HOMES BRINGS ITS UNIQUE APPROACH TO SEVERAL NEW COMMUNITIES ACROSS THE GTA Since its founding in 2010, awardwinning homebuilder StateView Homes has been thriving. The company offers meticulously designed homes and superior customer service, along with an ability to create distinctive niche communities that cater to each homeowner’s individuality, design preferences and lifestyle aspirations. Bringing together their more than 35 years of homebuilding experience, brothers Carlo and Dino Taurasi founded StateView 12 years ago. “We just felt that between the two of us, we could build homes just as well as if not better than the builders we were working for,” says Dino Taurasi, president of StateView Homes. StateView’s unique approach to home design puts themselves in their homeowner’s shoes. “When we are designing our homes, we take the 40
HOMES Magazine | May 7–June 4, 2022
approach that we would be designing these homes for ourselves and our families,” says CEO and President Carlo Taurasi. “We also have our own in-house architects, so when our homeowners meet with their decor consultants, if they want structural changes, we have a team on hand who can facilitate that. Oftentimes, it’s like our homeowners are getting a completely custom home.” In keeping with today’s enlightened and savvy homebuyers, in addition to providing the latest in design and decor trends, StateView offers its Comfort+ Package, designed to improve homeowners’ lives by helping with maintenance, security and home efficiency. The Smart Home Automation feature, for example, has a central Automation Hub with touchscreen at the entrance to the home, a smart
door lock on the inside garage door leading to the home, a smart lighting control, one smart water leak sensor, one pre-construction homeowner design consultation, one customer service training session and a personal appointment with a qualified technical contractor to explain and coordinate any additional technology requested. In addition, StateView’s Harmony Package includes features and finishes that save energy, conserve water, help lower monthly bills and ensure their homes are built from sustainable, ethically sourced materials that promote an eco-friendly lifestyle. Homeowners enjoy the enhanced comfort and peace of mind from a reduced environmental footprint. The company’s success isn’t only based on the physical homes it produces, but upon core values that permeate every aspect of the company.
“Our team strives to perform with integrity, commitment, accountability, responsibility and experience,” says Carlo Taurasi. “These are the foundations that make up our iCare Service Program, and we ensure these principles are carried throughout the organization, from us in upper management through to our trades and site workers.” As its notoriety grows, StateView Homes has begun to expand outside the GTA. Last year, their hugely successful BEA Towns in Barrie sold all 218 townhomes in just under two months. This was followed up by the sell-out of MiNU Towns, StateView’s third project in Markham since 2019. This year, StateView is coming to the rolling hills, meandering rivers and lush forests of Kleinburg with The Tesoro Collection, a limited release of just 12 heritage-inspired estate-style homes. The name “Tesoro” is appropriate for this community, as the word means “treasure” in Spanish and Italian, and with spacious 50-ft. homes on a private cul-de-sac surrounded by greenspace and wooded grounds, this collection is set to be the true gem of Kleinburg. Located just a short three-minute walk from the historic and vibrant downtown Kleinburg Village, Tesoro upholds the prestige associated with the village’s unique mix of small-town charm and classy sophistication. Gracious exteriors that blend seamlessly with their
surroundings frame remarkably well-crafted interiors with the contemporary elements that enable today’s families to thrive. Offering more than 4,000 sq. ft. of inspired living space, these estate homes will offer grand four- and five-bedroom designs starting from $3 million. StateView is also excited to be coming to Newmarket. The Elia Collection, located at Gorham St. and Muriel St., is where chic style meets smart design with contemporary townhomes all beautifully detailed with the latest in modern finishes, starting from the low $1 millions. Elia will offer a fresh, wholesome lifestyle that is the best of both worlds – surrounded by parks and greenspace yet close to great schools, exceptional shopping and convenient GO train trips to Union Station in 45 minutes. Later this year, StateView will return to Stouffville, following up on its successful Main & Co. community. With 300-plus townhomes and eight highrise condo towers proposed for the development, this new master-planned community, located steps from the redeveloped Old Elm GO Station, will offer families extensive greenspace, parklands, playing fields, a splash pad and more for their enjoyment. StateView’s reach across the GTA will also continue east to Brooklin, with Baldwin Heights, the first phase of a multi-phase project of nearly
500 homes, featuring a mix of townhomes and detached homes. StateView has been recognized both locally and internationally for the communities they build. In 2021, BILD awarded StateView with the coveted Project of the Year, Lowrise. The company was also honoured at The Nationals, which was put on by the U.S. National Association of Home Builders, competing against builders from across North America. “The BILD Award was very rewarding because we know just how competitive the GTA market is, probably the most competitive in North America,” says Dino Taurasi. “But while these awards are great, at the end of the day, though, what really matters to us is that our homeowners are happy with the home we provide.” StateView’s recognition continues in 2022, having been nominated at the 2022 BILD Awards for Best Townhouse Design and Best Innovative Design for their Livingston model at BEA Towns in Barrie, Best Innovative Design for the Watermark at On the Mark in Markham and the prestigious Project of the Year, Lowrise and People’s Choice Award for BEA Towns. For the latest news on all of StateView Homes’ upcoming communities including Kleinburg, Newmarket, Stouffville and Brooklin, visit stateviewhomes.com.
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BUILDER PROFILE
FIELDGATE HOMES INTRODUCES A NEW ALL SINGLES COMMUNITY IN MILTON MILTON: VALLEYLANDS OF SIXTEEN MILE CREEK
Coming soon – executive 30-, 36and 43-ft. detached homes Introducing executive riverside living in a natural enclave setting with Valleylands of Sixteen Mile Creek, coming soon to Milton. Take advantage of your rare opportunity to own 30-, 36- and 43-ft. detached riverside residences, with lots backing onto Sixteen Mile Creek.
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Moments to southern Ontario’s most acclaimed golf courses and protected greenspaces, retail and restaurants, schools, services and access to the most convenient transit options, embrace a lifestyle unlike any other in Milton. STOUFFVILLE: CITYSIDE
Grand opening – 36- and 40-ft. singles from $1.9 million Make your dream home come true in an incredible community setting, just moments from Stouffville’s best amenities with the Grand Opening of Cityside Phase 3. Featuring a new release of 36- and 40-ft. singles, embrace city sophistication and country charm from an ideal neighbourhood located close to Markham, Hwys. 404 and 407, and the Stouffville GO station. .
WEST WHITBY: WHITBY MEADOWS
Grand opening – freehold townhomes, semis and singles from $1.2 million Enjoy the new release of residences at the Grand Opening of Whitby Meadows Phase 3. Take advantage of spectacular residences in one of the GTA’s most popular communities, with all-new townhomes, semis and 36- and 42ft. detached designs. Find a masterplanned community offering west Whitby’s best lifestyle near shopping, restaurants, Iroquois Park Sports Centre, Whitby GO station, Heber Down Conservation Area, excellent schools and more. AJAX: ATOWNS
The Park Collection now open – urban townhomes from $1.1 million.
The final release of stunning urban townhomes at the aTowns Park Collection in Ajax. At Bayly Street and Salem Road, discover new family-sized residences backing onto open greenspace, a series of parkettes, sports court, and more all connected by winding walking trails weaved throughout. Better still, live surrounded by modern amenities and mere moments to Lake Ontario. Get the most out of Ajax’s bustling downtown area and enjoy great shopping, tasteful dining, convenient GO Transit, easy access to Hwy. 401 and so much more all nearby.
now’s the time to discover a beautiful country landscape surrounded by every modern convenience imaginable in Shelburne’s most anticipated new home community. Enjoy a collection of 36- and 40-ft. singles available now just minutes from big brand outlets, remarkable restaurants, breathtaking greenspaces, ski hills, golf courses, and so much more. Shelburne has been Canada’s second-fastest growing municipality, so there’s no better time to get in on its best new home opportunity.
IMPRESSIONS: NEW KLEINBURG
Coming soon – new release of freehold townhomes with single- and double-car garages New Kleinburg is a community of inspired family residences in a beautiful setting, just moments from the heart of historic Kleinburg. With the future Hwy. 427 extension just minutes away, a new community school and excellent urban amenities close at hand, life in Kleinburg has never been more convenient. Coming soon, discover a remarkable collection of expansive townhome designs in this beautiful master-planned community.
PICKERING: SEATON NORTH YORK: KENNETH & HOLMES
Move-in ready townhomes available now from $1.2 million Make the most of your opportunity to own in the heart of North York, with move-in ready townhomes, each with two parking spaces included, now available at Kenneth & Holmes. With this limited release of contemporary urban towns, live steps from Yonge and Finch, in an intimate residential enclave connected to everything that matters. SHELBURNE: EMERALD CROSSING
Final release – 36- and 40-ft. singles from $1.7 million The final release at Emerald Crossing is now open, meaning
Grand Opening coming soon – freehold townhomes with single- and double-car garages Discover a serene natural landscape and the convenience of incredible big city amenities at Seaton by Fieldgate Homes. Contemporary modern living arrives at the crossroads between old and new, offering a remarkable collection of freehold single- and doublecar garage towns in a skillfully designed community setting. This new community truly has something for everyone, with Pickering Town Centre, sparkling Lake Ontario, shopping, greenspaces, restaurants, Toronto’s eastern border and so much more just minutes away. .
NORTH OSHAWA: DREAMSCAPE
Register for the next release of townhomes, 30-, 36- and 42-ft. detached singles Enjoy affordable living in north Oshawa, with the incredible residences of Dreamscape. This highly anticipated new home community offers a superb mix of expertly designed and crafted townhomes, 30-, 36- and 42-ft. singles moments to the best modern amenities Durham has to offer. Big box stores, bespoke boutiques, delicious dining, great schools, trails, and conservation areas await those who call Dreamscape “home.” Register now for all these communities at fieldgatehomes.com.
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BUILDER PROFILE
TREASURE HILL HOMES HOMES DESIGNED FOR YOU TO TREASURE FOR A LIFETIME A new home is the greatest investment most of us will ever make. When choosing our new home, we evaluate the location, quality, and most importantly, how it makes us feel. A home is something that we can treasure for years to come and have confidence that the quality will stand the test of time. Treasure Hill treasures the trust of its homebuyers.
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The company is inspired by craftsmanship, innovation and imagination and creates homes that are the very best in class. These are Treasure Hill’s passions and obsessions. This is who Treasure Hill is. These homes are not only pleasing to the eye, they are also functional. They enhance everyday life just as they withstand its stresses. They are carefully crafted to maintain their charm through the years. Treasure Hill wants you to take pride in the comfort of owning one of its homes, and to be excited to return home every day for as long as you live in it. No two Treasure Hill projects are alike. While it consistently starts with the essentials – spacious layouts, fine features and finishes, and a distinctive blend of traditional and contemporary architecture and elevations – each community is tailor-made to enrich the lives of homeowners.
Take, for example, one of Treasure Hill’s newest communities coming soon to North Oakville: The Treasury, a collection of townhomes located on the north side of Dundas Street West just west of Neyagawa, minutes away from Oakville Trafalgar Memorial Hospital, numerous parks, the Sixteen Mile Creek and Hwy. 407. This architecturally distinguished enclave is built precisely to complement the conveniences of Oakville’s rapidly expanding urban core. Then, coming to King City is Eversley Estates, another one of Treasure Hill’s upcoming 2022 releases. Eversley Estates is set amongst the rolling hills of the Oak Ridges Moraine, moments away from verdant parks and trails, fine and casual dining, golf courses, small shops and much more. One look and you’ll see why this is considered some of the most prized real estate in one of the most active markets in the country.
Belmont in Newcastle is just moments away from the Lake Ontario waterfront. This community of single-detached homes and townhomes is 30 minutes east of the GTA, in what has been ranked as one of the best small towns in the province. Here, Treasure Hill has struck the perfect balance of luxury living and country charm: A fantastic rural setting where homeowners won’t have to give up modern conveniences. It has the makings of a hidden gem in Treasure Hill’s already impressive portfolio. Then there’s Sutherland in the township of Clearview, a collection of single-detached homes just south of Collingwood. Known as the gateway to Georgian Bay, this community offers residents a chance to enjoy some of the wonderful natural escapes of Ontario year-round, including skiing and snowboarding in the winter, and boating, breweries and golf in the summer. Virtually right outside your front door are the
trails winding through the region, featuring sweeping views of the bay from their signature lookouts. And the town of Stayner itself has charm in abundance, with its historic Edwardian architecture, cosy restaurants and shops. Camden Crossing is a collection of townhomes coming to Leslie Street and 19th Avenue in Richmond Hill. Located near top schools, convenient shopping and friendly dining establishments, this highly soughtafter location is also just minutes from Hwys. 7, 404 and 407 – all close at hand to get you to where you need to go. Although esthetically different, these communities have a few important things in common: Expansive layouts, spacious bedrooms, spa-inspired ensuites, rich material selection and refined craftsmanship. They also come equipped with Treasure Hill’s Genius offering, a series of smart home features to manage security,
appliances and utilities. Genius not only makes life in a Treasure Hill home more convenient, it also provides homeowners with a more comfortable and healthy indoor living experience, with Aprilaire humidifiers and air cleaners. With Genius, Treasure Hill has shifted buyers’ expectations around what ought to be a standard feature in every new home. Every homeowner occasionally needs help putting their own stamp on their home. Treasure Hill’s upscale design choices include a variety of flooring, countertops, cabinetry, hardware, light and plumbing fixtures, backsplashes, decorative accents, and more. Find out why discerning homebuyers have put their trust in Treasure Hill. Registration is now open for many of the communities, giving you exclusive access to new releases and information as it comes available. Visit treasurehill.com.
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BUILDER PROFILE
the manors at pine valley A masterpieCe OF sophistiCateD livinG
Prepare to experience life on a grand scale. Nestled beside prestigious Kleinburg and set within a private ravine enclave, The Manors at Pine Valley strikes the perfect harmony of luxury living and natural connection with a limited collection of stately 31-ft. Manor Towns. Exceptional quality, sophisticated style, and magnificent architecture are the key to refined living at The Manors. This unique release of grand Manor Towns features spacious two-car garages and private backyards, blending the distinguished elegance of a manor house with the convenience and comfort of townhouse living. As a prelude to this remarkable new project, imagine a sea of green, where unspoiled woodlands gracefully meet Vaughan’s unparalleled amenities. Only a short drive away is the allure of Kleinburg’s intimate historic village, which is accented by cultured experiences. And to connect to every urban opportunity, downtown
46 HOMES Magazine | May 7–June 4, 2022
Toronto is just 45 minutes away. This is what it means to live at The Manors. It’s the perfect location for those seeking elevated experiences. Highclass dining, boutique shopping, and the beautiful McMichael Gallery come together in a symphony of sophistication, with the Humber River and miles of conservation separating it from the rest of the world. Homeowners can stop for brunch at a trendy eatery, browse priceless paintings and striking sculptures, play a round of golf, or delve into the woods in Bindertwine Park. Kleinburg offers everything wanted, and more. Just minutes away, within the deep valleys and towering trees of Pine Valley and Teston Road, the unique composition of The Manors
brings a new rhythm to the traditional townhome lifestyle. Blending the conveniences of a townhome community with all the features you would find in a classic detached home, The Manors creates a life without compromise. Experience the grandeur of a spacious 31-ft. ravine lot, the convenience of a two-car garage, and the prestige of magnificent architectural prowess, all within a timeless townhome community. This is life in perfect orchestration. As a new refrain of the renowned, master-planned community of Pine Valley, The Manors is in a unique position to access everything that makes this location so special. Imagine hiking along well-maintained
trails right in your backyard, through hundreds of acres of woodlands. A pedestrian bridge to connect you to your neighbours. Parks and playgrounds around every corner, with own right at the heart of your neighbourhood. And yet, The Manors reaches the high note of modern convenience with a brand-new plaza right next door, designed to elevate the experiences of every resident by bringing everyday needs to your doorstep. A comforting cup of coffee is only ever a walk away, the necessities are always within reach, and life falls into balance. Now that the stage is set, step inside and discover an elegant expression of refined living. These magnificent Manor Towns were designed to offer the feeling of a detached home, even within a convenient townhome. Spacious layouts with sweeping sightlines create a true sense of grandeur, elevated by soaring 10-ft. ceilings and distinctive architectural detailing. With premium eat-in kitchens flowing seamlessly into comfortable living spaces, entertaining has never been easier. Finished basement rec rooms give the kids a space of their own. Sumptuous master suites with serene ensuite bathrooms are the perfect retreat. Every element has been thoughtfully designed to
accommodate and accentuate a modern lifestyle, right down to the impressive 31-ft. lots offering private backyards for every home. From coffered ceilings and island sinks to freestanding soaker tubs, premium features come standard. As displayed in Gold Park’s awardwinning Pine Valley model homes, there’s luxury in every detail. Gleaming stone countertops in the kitchens, frameless glass showers and double vanities in the master ensuite, walk-in closets and picturesque windows in the bedroom – this is the foundation for a spectacular home at The Manors. But for those seeking the most personalized expression of their refined tastes, there are endless customizable options to reach the peak of luxury living. Imagine
entertaining beneath your backyard loggia, where the cool breeze refreshes you on a hot summer day. Or the grand expression of your great room’s waffle ceilings. These optional features add a bold crescendo to your home’s distinctive style, one of the many reasons a Gold Park home is simply worth more. The Manors at Pine Valley will be premiering soon, introducing a limited collection of Manor Towns from $1.6 million to the highly coveted neighbourhood of Pine Valley and Teston Road. This is your opportunity to get a front-row seat to watch the curtains rise as this remarkable new community comes to life. Register today at goldparkhomes. com for VIP access. Prices subject to change without notice. E. &. O.E.
nexthome.ca 47
PRODUCT SPOTLIGHT
Ultimate Comfort System
ALL ABOUT LENNOX IN PURSUIT OF PERFECT AIR Lennox Residential, a division of Lennox International Inc. (NYSE: LII), is in constant pursuit of perfect air because the company believes everyone deserves it. Whatever your version of perfect is, Lennox can help make it happen. Offering some of the quietest and most efficient units on the market, the first ultra-low emissions furnace, and hospital-grade air filtration, Lennox has a history of designing innovative heating, cooling and indoor air quality products.
Thermostat control
48 HOMES Magazine | May 7–June 4, 2022
Air conditioner
Lennox’ approach to product design has earned it more Dealer Design awards than its competitors combined and multiple Energy Star Most Efficient certifications. Lennox is a proud contributor to its communities, investing in the future of the HVAC industry and giving back through its corporate social responsibility program, Feel The Love. For more information about how Lennox is redefining air, visit lennox.com/residential.
Furnace
Air Purification System
ADVICE | THE ECONOMIST
HOW WILL THE HOUSING INDUSTRY REACT TO INFLATION AND RISING INTEREST RATES?
TED TSIAKOPOULOS
The Canadian and Ontario economies were at a mature phase of the economic cycle heading into the pandemic. With 2008 marking the peak of the last cycle, and with the duration of an average Ontario economic cycle lasting for about six to eight years historically, a deceleration of growth was inevitable. Indeed, it was a health pandemic, and not an economic shock, which inevitably triggered a recession in 2020. Nevertheless, to help revive economic growth, this prompted massive fiscal and monetary stimulus by governments and central banks around the world. In North America, excess slack in the economy was absorbed ahead of schedule. By the fourth quarter of 2021, Canadian GDP was back to pre-pandemic levels, with inflationary pressures gaining momentum. Along the way, inflation was also being stoked by supply chain issues, particularly in computer chips, commodities and housing. Adding further fuel to the fire, recent geo-political tensions that broke out in late February added further pressure to the supply of goods and, by extension, inflation. WHERE ARE INTEREST RATES HEADED?
Forecasts are calling for steep rate hikes in Canada and the U.S. through the rest of 2022 and into 50 HOMES Magazine | May 7–June 4, 2022
2023. Inflation expectations among consumers have been very much range-bound in recent decades, but are now showing signs of de-anchoring. This poses risks to actual inflation, primarily through the wage channel. If workers expect inflation to trend higher, they will try to negotiate higher wages. With tight labour markets, employers may have to comply to attract labour, but could recoup these costs by passing them onto final prices. To restrain inflation expectations and maintain credibility, our central bank will need to raise rates more aggressively. However, there are limits on how aggressive they can be. Given that supply chain impacts beyond our borders are the bigger driver of inflation, monetary policy is not as effective in reigning in this type of inflation. Indeed, the Bank of Canada may try to avoid prospects of stagflation, knowing that growth, at this juncture, is more sensitive to rate hikes than inflation is. WHAT DOES THIS MEAN FOR MORTGAGE RATES AND THE HOUSING MARKET?
The Bank’s overnight rate impacts variable rate mortgages (which represent slightly less than 50 per cent of new mortgages) directly through the prime lending rate. Variable rate mortgages that are tied to the prime rate will become more expensive, but so too will fixed rate mortgages. The prospects of higher mortgage rates have already impacted the housing market. More households
have entered the mortgage and housing market in recent months to beat the increases that are coming. This has inflated the number of sales above levels that fundamentals can support. But so too have sales been stoked by investors, who have been fairly active in recent years. What does this mean for housing prices? Clues on where prices are headed can be determined by the balance between demand and supply, which is still quite elevated. Rising mortgage rates will most certainly impact the ability of new buyers to enter the market, but may also attract more listings from those investors who want to lock in some capital gains. Existing mortgage holders will be less impacted, as their mortgages have been recently stress tested. Look for a more balanced market and for demand to shift to more affordable housing, such as rental and condominium tenure. Price growth, particularly for detached housing, should slow in a more pronounced way from the record-breaking double-digit pace witnessed in recent years. Ted Tsiakopoulos is a professional economist, author of Property Trendsetters: Successful Toronto Real Estate Experts Share Key Insider Secrets, and sought-after speaker with more than 25 years of experience analyzing housing and financial markets. He has also worked as an investment counsellor on Bay Street in Toronto. ttsiakop@cmhc.ca or LinkedIn/Ted Tsiakopoulos.
+MORE CONTENT ONLINE nexthome.ca
RIVERSIDE LIVING Classic, award-winning designs with modern finishes in Angus Ontario. Understated & elegant, Riverside Living is an urban escape, tucked in among protected green space. The comfort of city amenities with the serenity of a country getaway is right at your doorstep. Modern country living at its best. Prices starting from mid $1.3 MM Spacious 50' lots ENERGY STAR Certified Homes 90 minutes from Toronto 30 minutes from Wasaga Beach Steps away from Nottawasaga River & Pine River Sales Team Amanda Parent amanda@sandiego-homes.ca 705-436-5445 x. 107
Debbie Quadros debbie@sandiego-homes.ca 705-436-5445 x. 109
16 Bank St. Angus, ON | www.sandiego-homes.ca @sandiego.homes.inc
Luxury Resides in the West End. Discover an exclusive enclave of 96 backto-back, spacious, open-concept luxury townhomes that merge and mingle with the vibrant downtown Lambton neighbourhood. Connected, considered, and conveniently located close to a plethora of amenities and urban adventure.
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DUNDAS ST. W.
* Please ask sales representative for details. Prices, terms & specifications are subject to change without notice. E.&.O.E.
HOMES Magazine salutes the following companies for their dedication to customer service. After-Sales Service is an essential component of a healthy new home industry. These builders are proud of their commitment to the principles of excellent customer service.
DEDICATED TO
EXCELLENT
TM
54 HOMES Magazine | May 7–June 4, 2022
CUSTOMER SERVICE
nexthome.ca 55
HOT PROPERTIES
FIND YOUR NEXT HOME
The latest properties in the Greater Toronto Area to keep your eye on
MAP
LOCATION
SITE
ADDRESS
CONTACT
1.
Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ....................................................... fieldgatehomes.com
2.
Ajax..................................................A Towns ...................................................................... Bayly St. E. & Salem Rd. S. ..........................................paradisedevelopments.com
3.
Aurora.............................................Queen’s Grove Collection..................................... Yonge St. & Bloomington Rd. ............................................... northstarhomes.com
4.
Aurora.............................................Allegro Downtown Aurora .................................... 36 Klees Crescent .................................................................................geranium.com
5.
Aurora.............................................Woodhaven ............................................................... 14222 Yonge St. ................................................................brookfieldresidential.com
6.
Aurora.............................................Shining Hill ................................................................ Yonge St. & St. John’s Siderd. .............................................. regalcresthomes.com
7.
Aurora.............................................Aurora Townhomes................................................. George St. & Wellington St. .........................................................andrinhomes.com
8.
Aurora.............................................Paradise Aurora ........................................................ Mavrinac Blvd. & Wellington St. ...............................paradisedevelopments.com
9.
Brampton.......................................DUO Condos............................................................. 245 Steeles Ave. W.. .............................................................................. duocondos.ca
10.
Brampton.......................................Spring Valley Estates ............................................... 1364 Queen St. ........................................................................ springvalleyestates.ca
11.
Brampton.......................................Mayfield Village ........................................................ Bramalea Rd. & Mayfield Rd. ................................................. royalpinehomes.com
12.
Brampton.......................................The Sandalwood ...................................................... 120 Sandalwood Parkway East ............................................. royalcliffhomes.com
13.
Brampton.......................................Three Rivers Claireville........................................... Goreway Dr. & Humberwest Pkwy ....................................... nationalhomes.com
14.
Brampton.......................................Queens Lane Townhomes .................................... Mississauga Rd. & Queen St. ....................................... branthavenbrampton.com
15.
Brampton.......................................Cleave View Estate By The Credit ........................ Queen St. & Mississauga Rd. ................................................ regalcresthomes.com
16.
Brampton.......................................Westfield..................................................................... Mississauga Rd. & Steeles Ave. ...........................................................greatgulf.com
17.
Brampton.......................................The Estates of West River Valley........................... McVean Dr. & Countryside Dr............................................... royalpinehomes.com
18.
Brampton.......................................Mount Pleasant North & UNION Mount Pleasant .... Remembrance Rd. & Edenbrook Hill Dr. ............................mattamyhomes.com
19.
Brampton.......................................High Point .................................................................. Mississauga Rd. & Mayfield Rd. ................................paradisedevelopments.com
20.
Brampton.......................................Beechwood ............................................................... Chinguacousy Rd. & Mayfield Rd. ...........................paradisedevelopments.com
21.
Caledon .........................................Ellis Lane .................................................................... Mayfield Rd. & Chinguacousy Rd. ........................................mattamyhomes.com
22.
Caledon .........................................Palgrave Estates ....................................................... Mount Pleasant Rd. & Hunsden Rd. ...............................................flatogroup.com
23.
Caledon .........................................Pathways Caledon East .......................................... Old Church Rd. & Innis Lake Rd. .....................................................flatogroup.com
24.
Etobicoke.......................................Vita On The Lake 2 .................................................. 2167 Lake Shore Blvd. W. ........................................................mattamyhomes.com
25.
Etobicoke.......................................Lake Shore Village ................................................... 68 Daisy Ave. ................................................................................. dunparhomes.com
26.
Etobicoke.......................................Lake & Town .............................................................. Islington Ave. & Lake Shore Blvd ......................................................... menkes.com
27.
Etobicoke.......................................Boutique Towns ....................................................... 80 Thirtieth St. .............................................................................. dunparhomes.com
28.
Etobicoke.......................................2650 St. Clair Ave W. ............................................... 2650 St. Clair Ave W .................................................................... dunparhomes.com
29.
Kleinburg .......................................New Impressions ..................................................... Hwy. 27 & Major McKenzie Dr. W. ........................................ fieldgatehomes.com
30.
Kleinburg .......................................The Enclave on Nashville ...................................... 99 Nashville Rd. .......................................................................stateviewhomes.com
31.
Kleinburg .......................................The Tesoro Collection ............................................ 410 Chrislea Rd. .......................................................................stateviewhomes.com
32.
Markham and Unionville.............Cornell Markham ..................................................... Bur Oak Ave. & Hwy 7 .............................................................. ballantryhomes.com
33.
Marham and Unionville .............Union Glen ................................................................ Kennedy Rd. & Major McKenzie ............................................ fieldgatehomes.com
34.
Markham and Unionville ...........Riverwalk Meadows ................................................ Ninth Line & 14th Ave. .......................................................................flatogroup.com
35.
Markham and Unionville ...........Angus Glen South Village ...................................... 9980 Kennedy Rd., #200. .........................................kylemorecommunities.com
36.
Markham and Unionville ...........Kennedy Manors ...................................................... 4500 Major Mackenzie Dr East. ...............................kylemorecommunities.com
37.
Markham and Unionville ...........Nao Phase 2 .............................................................. 14th Ave. & McCowan Rd.......................................................stateviewhomes.com
38.
Markham and Unionville ...........On The Mark Phase 2.............................................. 16th Ave. & Woodbine Ave. ...................................................stateviewhomes.com
39.
Markham and Unionville ...........Minu Towns ............................................................... Donald Cousens Pkwy. & Ninth Line ..................................stateviewhomes.com
56 HOMES Magazine | May 7–June 4, 2022
+ MAP
MAPS
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
LOCATION
SITE
Locate properties using the map on the following page
ADDRESS
CONTACT
40.
North York .....................................Kenneth & Holmes .................................................. Kenneth & Holmes ........................................................................fieldgatehomes.ca
41.
Oshawa ..........................................Kingsview. Ridge ...................................................... Taunton Rd. & Townline Rd. N........................................................treasurehill.com
42.
Oshawa ..........................................Dreamscape .............................................................. Conlin Rd. & Harmony Rd. ..................................................... fieldgatehomes.com
43.
Oshawa ..........................................Park Ridge .................................................................. Conlin & Townline Rds. ................................................... tributecommunities.com
44.
Pickering ........................................Geranium in Pickering............................................ Altona Rd. & Twyn Rivers Dr. .............................................................geranium.com
45.
Pickering ........................................Nutowns ..................................................................... Brock Rd. & Whitevale Rd. ............................................................ madisongroup.ca
46.
Pickering ........................................Edgewood Pickering............................................... Altona Rd. & Finch Ave. .......................................................................geranium.com
47.
Pickering ........................................Seaton ......................................................................... 1075 Taunton Rd. ...................................................................... fieldgatehomes.com
48.
Pickering ........................................Frenchman’s Bay...................................................... Liverpool Rd. & Bayly St. ...................................................................madisonfb.com
49.
Richmond Hill ..............................The Bond ................................................................... Yonge & King.............................................................................stateviewhomes.com
50.
Richmond Hill ..............................King’s Landing .......................................................... Oak Ridges ................................................................................stateviewhomes.com
51.
Richmond Hill .............................Ivylea ........................................................................... Leslie St. & 19th Ave. ......................................................................marlinspring.com
52.
Richmond Hill ..............................Richlands.................................................................... Leslie St. & Elgin Mills Rd. ...................................................... fieldgatehomes.com
53.
Richmond Hill .............................Millbrook Park........................................................... Elgin Mills & Leslie St..........................................................northstarhomesinc.com
54.
Richmond Hill .............................Park Lane Place ........................................................ Elgin Mills & Leslie St..........................................................northstarhomesinc.com
55.
Richmond Hill .............................Observatory Hill ....................................................... Bayview Ave. & 16th Ave. ........................................................myobservatoryhill.ca
56.
Richmond Hill ..............................Richlands.................................................................... 10961 Leslie St. ..................................................................................opushomes.com
57.
Richmond Hill ..............................Emerald Crossing..................................................... 8854 Yonge Street .................................................................... fieldgatehomes.com
58.
Richmond Hill ..............................King East Estates ...................................................... King Rd. & Toscanini Rd...................................................................... pureplaza.com
59.
Scarborough .................................670 Progress Ave. .................................................... Progress Ave. & Grangeway Ave. ......................................... fieldgatehomes.com
60.
Scarborough .................................Valleyview Garden................................................... 3012 Kennedy Rd. ...................................................................valleyviewgardens.ca
61.
Scarborough .................................Upper Summerside ................................................. 743 Warden Ave. ......................................................................mattamyhomes.com
62.
Scarborough .................................2787 Eglinton Ave. E................................................ 743 Warden Ave. ......................................................................mattamyhomes.com
63.
Toronto ..........................................Lambtown Towns .................................................... 2650 St. Clair West....................................................................... dunparhomes.com
64.
Thornhill ........................................Citylux Towns at Thornhill Woods ...................... Dufferin St. & Rutherford Rd. ................................................ fieldgatehomes.com
65.
Vaughan .........................................Hotel Vie..................................................................... 8440 Hwy. 27............................................................................................hotelvie.com
66.
Vaughan .........................................Evoke ........................................................................... Dufferin St. & Rutherford Rd. ..........................................................treasurehill.com
67.
Whitby ............................................Queen’s Common ................................................... 1075 Taunton Rd.. .....................................................................mattamyhomes.com
68.
Whitby ...........................................Country Lane ............................................................ Taunton Rd. & Country Lane ........................................... countrylanewhitby.com
69.
Whitby ............................................Whitby Meadows ..................................................... Cochrane St. & Taunton Rd. ...........................................................opushomes.com
70.
Whitby ...........................................The Boatworks Towns in Whitby ......................... Brock St. S. & Victoria St. W. ........................................................andrinhomes.com
71.
Whitby ...........................................Park Vista/Whitby Meadows ................................. Cochrane St. & Taunton Rd ................................................... fieldgatehomes.com
72.
Whitby ............................................The Landing in Whitby Harbour........................... Brock St. South & Victoria St. ................................................................ carttera.com
73.
Whitechurch/Stouffville ............Blue Sky ...................................................................... 9th Line & Millard St. ................................................................ fieldgatehomes.com
74.
Whitechurch/Stouffville ...........Cityside Stouffville................................................... Tenth line & 19th Ave. ............................................................. fieldgatehomes.com
75.
Woodbridge ..................................Pine Valley.................................................................. Pine Valley Dr. & Major Mackenzie Dr. .....................................marlinspring.com
76.
Woodbridge ..................................The Enclave ............................................................... 410 Chrislea Rd. .......................................................................stateviewhomes.com nexthome.ca 57
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CARTOGRAPHY: MARKETMAPS.COM
Match the map numbers with property listings on the previous Hot Properties page
nexthome.ca 59
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1. 2. 3. 4. 5. 6. 7. 8.
LOCATION
SITE
ADDRESS
CONTACT
Courtice .........................................The Vale ...................................................................... Prestonvale Rd. & Bloor St....................................................... nationalhomes.com East Region ...................................Newbrook .................................................................. North St. & Concession Rd. ......................................................brookfieldhomes.ca East Region ...................................Haven on the Trent .................................................. Forest Hill Rd. & Riverside Trail................................................................. sifton.com Newcastle ......................................Belmont ...................................................................... West Coast ...........................................................................................treasurehill.com Peterborough ...............................Parklands & The Condo Arbour Villas ................ 1224 Chemong Rd. .......................................................................... masonhomes.ca Port Hope/Cobourg ...................Port Hope Lakeside Village ................................... 415 Lakeshore Rd. ............................................................................ masonhomes.ca Port Hope/Cobourg ...................Kingswood Cobourg............................................... 425 King St. E. .................................................................................... masonhomes.ca Port Perry.......................................Courts of Canterbury .............................................. Simcoe St. & Country Estates Dr. ......................................................geranium.com
Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started.
60 HOMES Magazine | May 7–June 4, 2022
HOT PROPERTIES | OUT OF TOWN NORTH
FIND YOUR NEXT HOME
The latest properties in the Out of Town North Area to keep your eye on 5
15
16
9
6 11
14
1
8
2
4
CARTOGRAPHY: MARKETMAPS.COM
7
12 13 3 10
MAP 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16.
LOCATION
SITE
ADDRESS
CONTACT
Barrie ..............................................Hampton Heights .................................................... Essa Rd. & Ardagh Rd. .............................................................stateviewhomes.com Barrie ..............................................FOUR10 Yonge ......................................................... 410 Yonge Street ............................................................................... masonhomes.ca Horseshoe Valley.........................Forest Heights Estates ............................................ 2 Diamond Valley Dr., Oro Medonte ................................. democrathomes.com Horseshoe Valley.........................One Twenty Fonthill Condominium Residences .... North Pelham atHwy. 20 ...........................................................mountainview.com Muskoka .........................................Highcrest in Muskoka ............................................. 46 Hanes Rd. ...................................................................... edgewoodmuskoka.com North Region ................................Craighurst .................................................................. Horseshoe Valley Rd. & Hwy. 93................................georgianinternational.com North Region ................................Mountain House at Windfall ................................. Mountain Rd. & Crosswinds Blvd, Collingwood ...georgianinternational.com North Region ................................Emerald Crossing..................................................... Hwy. 89 & Hurontario St., Shelburne .................................. fieldgatehomes.com North Region ................................Braestone Horseshoe Valley ................................. 3246 Line 9 North, Oro Medonte..............................georgianinternational.com North Region ................................GreenRidge & Beeton Village ............................... 41 Main St. W., Beeton .......................................................................flatogroup.com North Region ................................Midhurst Heights...................................................... Russel Rd. & Craig Rd...........................................................................geranium.com North Region ................................Edgewood Greens ................................................... Hwy. 10 & Main St. East, Dundalk ...................................................flatogroup.com North Region ................................Edgewood Suites ..................................................... 270 Hagan St. E., Dundalk .........................................................edgewoodsuites.ca North Region ................................Collingwood ............................................................. Maple & Sixth Street ..........................................................georgianinternational.ca Orillia ..............................................Professor’s Walk ....................................................... Diana Dr. & University Ave. ................................................... democrathomes.com Owen Sound.................................Greystone Village..................................................... 1800 2nd Ave. E...................................................................................flatogroup.com
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nexthome.ca 61
HOT PROPERTIES
FIND YOUR NEXT HOME
The latest properties in the Southwestern Ontario Area to keep your eye on
MAP
LOCATION
SITE
ADDRESS
CONTACT
1.
Burlington/Waterdown..............The Towns at Valera ................................................ 4858 Thomas Alton Blvd. ...................................................adidevelopments.com
2.
Burlington/Waterdown..............Nautique Lakefront Residences ........................... 375 Brant St. ............................................................................adidevelopments.com
3.
Burlington/Waterdown..............National Homes in Burlington, ............................ 484-490 Plains Rd. E. ............................................................... nationalhomes.com
4.
Burlington/Waterdown..............Affinity Condominiums .......................................... Plains Rd. E. & Filmandale Rd. ............................................ rosehavenhomes.com
5.
Burlington/Waterdown..............Millcroft Towns ......................................................... Appleby Line & Taywood Dr........................................... branthavenmillcroft.com
6.
Grimsby..........................................Century Condos ....................................................... Main St. East & Baker Rd. South ............................................. desantishomes.com
7.
Hamilton-Wentworth .................Losani Homes at Barton & Glover ....................... Barton St. & Glover Rd. ..................................................................losanihomes.com
8.
Hamilton-Wentworth .................Central Park: Midtown & Soho ............................. Upper Red Hill Valley Pkwy & Rymal Rd. .................................. MyCentralPark.ca
9.
Hamilton-Wentworth .................Tiffany Hill Phase 3.................................................. 288 Raymond Rd. ............................................................................... rosehaven.com
10.
Hamilton-Wentworth .................Monterey Heights .................................................... Shaver Rd. & Garner Rd. W. ..........................................................dicenzohomes.ca
11.
Hamilton-Wentworth .................Stonegate Park ......................................................... Upper Wellington St. & Stone Church Rd. E. ...........................dicenzohomes.ca
12.
Kitchener/Waterloo ....................Wallaceton ................................................................. Huron Rd. & Fischer-Hallman........................................................ heathwood.com
13.
Kitchener/Waterloo ....................River Ridge................................................................. 90 Deer Creek St. ............................................................................................. activa.ca
14.
Kitchener/Waterloo ....................Vista Hills.................................................................... 259 Sweet Gale St............................................................................................ activa.ca
15.
Kitchener/Waterloo ....................Avenue M ................................................................... 40 Margaret Ave. .................................................................................. avenuemkw.ca
16.
Kitchener/Waterloo ....................Young Condos at City Centre ............................... King West & Young St. ...................................................................andrinhomes.com
17.
Kitchener/Waterloo ....................Trailside at Grey Silo Gate...................................... 243 Grey Silo Rd............................................................................................... activa.ca
18.
Kitchener/Waterloo ....................Riverwood ................................................................. 90 Deer Creek St. ............................................................................................. activa.ca
19.
Kitchener/Waterloo ....................Doon South & Ormston at Doon South ............ 653 Thomas Slee Dr. ....................................................................................... activa.ca
20.
London ...........................................RiverBend Golf Community.................................. 2200 Jack Nash Dr. ..................................................................................... sifton.com
21.
London ...........................................Victoria Flats.............................................................. Commissioners Rd. E. & Hamilton Rd. ................................................... sifton.com
22.
London ...........................................Victoria On The River.............................................. Sheffield Blvd. & Commissioners Rd. E. ................................................. sifton.com
23.
London ...........................................Caverhill ..................................................................... Clarke Rd. & Kilallay Rd. ............................................................................. sifton.com
24.
London ...........................................Hudson Park.............................................................. Colonel Talbot Rd. & Pack Rd. .................................................................. sifton.com
25.
London ...........................................Liberty Crossing ....................................................... Wonderland Rd. S. & Hamlyn St............................................................... sifton.com
26.
London ...........................................Middleton................................................................... Wharncliffe Rd. & Exeter Rd. ..................................................................... sifton.com
27.
Milton .............................................West Country Milton ............................................... Regional Rd. 25 & Brittania Rd. ................................................... countryhomes.ca
28.
Milton .............................................Milton Village ............................................................ Tremaine Rd. & Britannia Rd. ..............................................................greatgulf.com
29.
Milton .............................................Soleil............................................................................ Louis St. Laurent Ave. & Bronte St. S. ...................................mattamyhomes.com
30.
Mississauga ...................................5150 Ninth Line ........................................................ 5150 Ninth Line .........................................................................mattamyhomes.com
31.
Mississauga ..................................Whitehorn Woods.................................................... 1240 Britannia Rd. W. ................................................................ nationalhomes.com
32.
Mississauga ..................................Streetsville Centre ................................................... Mill St. & Queen St. S................................................................... dunparhomes.com
33.
Niagara Region ............................Millennium................................................................. Portage Rd., Niagara Falls ..........................................................mountainview.com
34.
Niagara Region ............................Lusso Urban Towns ................................................. Martindale Rd. & Grapeview Dr, St. Catharines. .............. lucchettahomes.com
35.
Niagara Region ............................Lyon’s Creek .............................................................. 4382 Mann St ................................................................................mountainview.com
36.
Niagara Region ............................Portview Estates ....................................................... Simcoe St. & Canal St..............................................................silvergatehomes.com
37.
Niagara Region ............................Vista Ridge & Vibrant at Vista Ridge .................... 4008 Mountain St. ..........................................................................losanihomes.com
38.
Niagara Region ............................Davis Heights ............................................................ 1535 Haist St, Pelham. ............................................................ lucchettahomes.com
39.
Niagara Region ............................Grimsby Waterfront ................................................. 398 N Service Rd. ...........................................................................losanihomes.com
40.
Niagara Region ............................Saffron Estates .......................................................... Port Robinson Rd. & Rice Rd., Fonthill ...................................mountainview.com
41.
Niagara Region ............................Lincoln Estates.......................................................... Lincoln Ave. & King St. ...................................................................losanihomes.com
42.
Niagara Region ............................The Residences at Hunters Pointe ...................... 71 Kyntre Trail............................................................................ lucchettahomes.com
43.
Niagara Region ............................Edgewater Trails ....................................................... Daimler Pkwy & Magnolia Ln, Welland. .............................. ballantryhomes.com
44.
Niagara Region ............................One Twenty Condos ............................................... Canboro Rd. & Rice Rd., Fonthill .............................................mountainview.com
62 HOMES Magazine | May 7–June 4, 2022
+ MAP
MAPS
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
LOCATION
SITE
Locate properties using the map on the following page
ADDRESS
CONTACT
45.
Niagara Region ............................Village on the Twelve ............................................. 21 Willow Bank Common St. ................................................silvergatehomes.com
46.
Niagara Region ............................River Estates .............................................................. Lametti Dr., Pelham.....................................................................mountainview.com
47.
Niagara Region ............................Timberwood Estates ............................................... Merritt Rd. & Grisdale Rd., Thorold .........................................mountainview.com
48.
Niagara Region ............................Ryan’s Grove ............................................................. 13 Tanner Dr. ............................................................................. lucchettahomes.com
49.
Niagara Region ............................Legends On The Green .......................................... Niagara Pkwy & Legends Way ............................................... silvegatehomes.com
50.
Niagara Region ............................West Community ..................................................... 44 Elderberry Rd., Thorold........................................................mountainview.com
51.
Oakville ..........................................The Greenwich at Oakvillage ............................... Trafalgar Rd. & Dundas St. East ..................................................... branthaven.com
52.
Oakville ..........................................Oakville Ravine Townhomes ................................ Sixth Line & Germorda Dr.......................................................... dunparhomes.com
53.
Oakville ..........................................Bronte Meadows ...................................................... Bridge Rd & Warminster Dr. .............................................................flatogroup.com
54.
Oakville ..........................................Randall Residences ................................................. Trafalgar Rd. & Randall St..................................................... rosehavenhomes.com
55.
Oakville ..........................................Upper West Side Condos 2.................................... 351 Dundas St. East .......................................................................... branthaven.com
56.
Oakville ..........................................Trafalgar Ridge.......................................................... River Oaks Blvd. & Namron Gate ............................................. dunparhomes.com
57.
Oakville ..........................................White Oaks Ravine................................................... 1429 Dundas St. ........................................................................... dunparhomes.com
58.
Oakville ..........................................The Preserve & East Preserve .............................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com
59.
Oakville ..........................................The Preserve Woodland Estates .......................... Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com
60.
Oakville ..........................................5North The Preserve,.............................................. Dundas St. W. & Proudfoot Trail ............................................mattamyhomes.com
61.
Oakville ..........................................The Villages of Oak Park ........................................ Trafalgar Rd. & Dundas st. E. ................................................. ballantryhomes.com
62.
Oakville ..........................................West & Post................................................................ 2714 Westoak Trails Blvd. ..................................................branthavenoakville.com
63.
Oakville ..........................................Upper Joshua Creek ............................................... 9th Line & Dundas St. ..............................................................mattamyhomes.com
64.
Oakville ..........................................La Réserve.................................................................. 153 Reynolds St. ..................................................................... rosehavenhomes.com
65.
Welland ..........................................Sparrow Meadows ................................................... 335 Hillsdale Rd.. ................................................................... rosehavenhomes.com
66.
West Region ..................................The McKenzie Towns .............................................. 1535 McKenzie Rd. ......................................................................mountainview.com
67.
West Region ..................................Sifton Homes ............................................................ Hyde Park Rd. & Ilderton Rd. .................................................................... sifton.com
68.
West Region ..................................Boulder Creek ........................................................... Cleaver Rd. & King Edward St. .................................................................. sifton.com
69.
West Region ..................................St. George Village .................................................... Concession 2 & Woodhill Rd. ......................................................losanihomes.com
70.
West Region ..................................HarrisView.................................................................. 34 Hollingshead Rd..................................................................................... sifton.com
71.
West Region ..................................Brant West .................................................................. 562 Shellard Ln ....................................................................................brantwest.com
72.
West Region ..................................Magnolia Trails .......................................................... Modeland Rd. & Michigan Lane ............................................................... sifton.com
73.
West Region ..................................Rosewood.................................................................. Nissouri Rd. & Thorndale Rd..................................................................... sifton.com
74.
West Region ..................................Soleil St. Clair ............................................................ Corunna ......................................................................................................... sifton.com
75.
West Region ..................................Seasons & Watercolours at Simply Grand ......... 1039 Rest Acres Rd. ........................................................................losanihomes.com
76.
West Region ..................................Knightsbridge ........................................................... Graff Ave. & Mornington St. ...................................................................... sifton.com
77.
West Region ..................................Hazelwood on the Grand ...................................... Hardy Rd......................................................................................................... sifton.com
78.
West Region ..................................Cottonwood.............................................................. Dingle St. ........................................................................................................ sifton.com
79.
West Region ..................................Hawthorne Park ....................................................... Oakwood Dr. & Byron Ave. ....................................................................... sifton.com
80.
West Region ..................................Reflections Caledonia ............................................ 1437 McKenzie Rd .................................................................... ballantryhomes.com
81.
West Region ..................................Lakeside Landing Wellington................................ 411 Main St., Wellington.......................................................... royalcliffhomes.com nexthome.ca 63
HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA
KITCHENER–WATERLOO
Guelph 17
14
Waterloo 12 Kitc
16 15
hener
Milton
13 18
32 34
76
33 19
Cambridge 1 5
68
3 70 67
4
75 77
Brantford
Hamilton
71 9 10
LONDON
8
73
23 69 20
11
66 85
London 22 21
80
26 72
25 24
74
78
64 HOMES Magazine | May 7–June 4, 2022
81 31
Mississauga
32
30
63 57
51 55 65 66
56
52
64 Oakville 54
58 64
53
MAPS Burlington
7
39 46 6
41 37
45 34
St Catharines
50 33
Niagara Falls 79 44 40
38 48
65
47 42 43
36 35
49
Welland
CARTOGRAPHY: MARKETMAPS.COM
2
Match the map numbers with property listings on the previous Hot Properties page
nexthome.ca 65
ADVICE | INDUSTRY REPORT
WE ALL LOSE OUT WHEN WE DON’T BUILD ENOUGH HOMES
DAVE WILKES
It’s a familiar story. A young family moves away from the GTA after a fruitless search for a home that fits their budget, pushed out by our region’s critically low supply of new homes and declining affordability. Some people see nothing wrong with this story. “Those who can’t afford it here should just move,” they might say. I wonder whether these people realize the full cost – to all of us – of our region’s failure to solve our generational housing supply and affordability challenge. We are not just failing to provide homes and workplaces for families. We are also failing to harness the economic benefits – the growth, the jobs and the taxes – that residential and commercial construction would bring to the GTA. Thanks to a new report by Altus Group Economic Consulting, commissioned by the Building Industry and Land Development Association (BILD), we now have a complete and accurate picture of the economic contributions of the industry. In 2021 alone, the construction sector – including new residential, non-residential, commercial and repairs – contributed more than $60 billion to overall economic activity in the GTA, through direct spending and indirect benefits to the economy, including consumer spending by those employed in the sector. The industry’s economic activity helped support more than 235,000 person years of employment and $17 billion in wages, salaries and employee benefits.
66 HOMES Magazine | May 7–June 4, 2022
These figures underline the important role the sector plays in the region’s economy, and they are equally impressive when we put them in context. According to the report, total residential and non-residential construction investment accounted for almost eight per cent of all GDP in Ontario in 2021, and close to half of that construction occurred in the GTA. Residential and non-residential construction activity also generates enormous tax revenue for all levels of government. Altus Group estimates that in 2021, the federal government received $2.13 billion in federal income tax, $833 million in CPP premiums and $220 million in EI premiums from construction activity in the GTA, not including the federal portion of the HST. The provincial government received $793 million in provincial income tax and $165 million in employee health tax, and billions in HST and land transfer tax revenues. Municipalities across the GTA receive $1.9 billion every year in development charges and $216 million in parkland cash-inlieu revenues from the construction of new homes and commercial spaces. These tax revenues finance the infrastructure, transit and transport
networks that connect the GTA, and they support programs and services enjoyed by citizens across the region, province and country. Clearly, we all benefit when homes and offices get built in the GTA. Unfortunately, we have made the building process too complex, too lengthy and too expensive, taxing new homes at a higher level than in any other jurisdiction in North America. All of this is pushing home prices up and affordability down. If we fail to fix our housing supply and affordability crisis, more and more families will make the difficult choice to leave the GTA. And all of us will feel the pain – in lost economic growth, jobs and tax revenues.
Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.
+MORE CONTENT ONLINE nexthome.ca
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