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Losani Homes

Losani Homes has three exciting new releases starting this fall

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Losani Homes has three exciting new releases starting this fall

Losani Homes is proud to deliver three exciting new releases starting this fall, the first being the masterplanned community, Brant West in Brantford. Brantford has been named one of the best cities to own real estate, offering a stunning blend of nature and neighbourhood with all the amenities your family will ever need.

Brant West is a multi-phase community whose initial release will feature more than 100 two- and three-storey townhomes, as well as single-family detached homes. Brant West residents will be able to enjoy everything Brantford’s rich outdoors have to offer. Its traditional and river trail systems stretch over 70 km, and are ideal for hiking, jogging, cycling, and are pet friendly. It comes as no surprise that with such a rich trail system connecting Hamilton, Simcoe, and Cambridge, that Brantford is known as the hub of Ontario trails. With more than 60 playgrounds to enjoy across the city, which offer a summer packed with activities, Brantford is the perfect choice to help raise a family. Brant West is now open, featuring towns and singles starting from the $400,000s.

Waterworx

Also coming late fall is Waterworx, 120 contemporary back-to-back and three-storey townhomes. Over the past few years, the Hamilton real estate market has grown to a point where affordability has become a problem for many prospective homeowners. Waterworx will help bridge that gap for those who have been priced out of Hamilton, without having to compromise on quality craftsmanship or forward-thinking design. Only a 10-minute drive to the booming downtown core and only a few blocks east of charming Ottawa St., Waterworx provides a much-needed answer for those looking to stay in Hamilton. And with the Redhill Parkway around the corner, travel becomes a convenient luxury. With homes starting from the $300,000s, the continued investment to the ever-growing east end of Hamilton, and the incoming LRT, Waterworx will deliver incredible value for every purchaser.

Vibrant at Vista Ridge

Lastly, Vibrant at Vista Ridge, offering nearly 100 back-to-back, two- and three-storey townhome designs in the heart of wine country. Positioned on a former winery in the charming town of Beamsville, Vista Ridge is a unique community that embodies all that Niagara has to offer, including bountiful nature and enchanting vistas. In addition, it has the envied location of being a short walk to the treasured Bruce Trail and Niagara Escarpment. The award-winning Vibrant at Vista Ridge community will conclude the rich and diverse product lineup suiting all tastes, needs, and budgets. And with towns starting from the $300,000s, Vibrant offers tremendous value, while delivering all the modern amenities today’s sophisticated purchasers deserve.

LOSANI HOMES

For further information or to register for these exciting new releases, visit the website.


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Losani Homes

Brant West modern towns and singles from Losani Homes coming soon to Brantford

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Brant West modern towns and singles from Losani Homes coming soon to Brantford

Losani Homes is proud to deliver its next master-planned community, Brant West, in charming Brantford, Ont. A stunning blend of nature and neighbourhood with all the amenities your family will ever need, it’s about time to start thinking about heading west.

The city of Brantford has been the home to many great moments in Canadian history. Named after Joseph Brant and founded on the Grand River, it is where Alexander Graham Bell made the first phone call ever, and also, the birthplace of Wayne Gretzky. Steeped in tradition, Brantford features picturesque landscapes creating the perfect backdrop to raise a family.

Brantford living also promotes a healthy and active lifestyle, with a slew of both traditional and river trails. The trail systems stretch over 70 km and are ideal for hiking, jogging, cycling, and interacting with nature. In the winter months under proper conditions, the trails lend themselves perfectly to cross country skiing and snowshoeing. It comes as no surprise that with such a rich trail system connecting Hamilton, Simcoe, and Cambridge, that Brantford is known as the hub of Ontario trails. And with more than 60 playgrounds to enjoy across the city, which offer a packed summer activity sheet, Brantford is the perfect choice to raise a family. Other amenities include the Steve Brown Sports Complex, the Wayne Gretzky Sports Centre, Lorne Park, the lovely Harmony Square, as well as the Brantford municipal airport.

Losani Homes is extremely proud to have a presence in Brantford and will be offering a range of homes as rich and diverse as the land itself. Single-family detached homes will be offered across 33-, 36-, 40- and 46-ft. lots, and purchasers will have their choice of four timeless elevations. Be it the freshly redesigned traditional, French inspired Chateau, Tuscan, or the forward-thinking Modern, Losani Homes has a design to satisfy all styles and tastes. Losani Homes will also be offering a wide variety of its award-winning modern townhome designs. Tremendous value does not have to come at the price of sacrificing style in the master-planned Brant West community.

LOSANI HOMES

Brant West Set to release in fall 2019 and starting from the $400,000s, you can register online now for this exciting new community.


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Neighbourhood Watch: Hamilton

Hamilton is the tech city of the future

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Hamilton is the tech city of the future

Hamilton may be best known as a steel city – a moniker it may never shake, given the industry is still alive and well here. But here’s a more modern nickname for you – tech town.

Yes, really.

The city of 536,917, located at the west end of Lake Ontario in the Niagara Peninsula and along the Niagara Escarpment, was recently ranked as one of the top tech cities in North America for “opportunity.”

Commercial real estate services and investment firm CBRE rated Hamilton number two, citing a tech scene that has grown by 52 per cent over the last five years. This, in addition to naming it Canada’s fastest growing mid-sized city for tech talent in 2018.

“Hamilton’s tech scene is growing rapidly and new spaces, ideas, and collaborations are putting ‘Innovation to Work’ each day,” says Judy Lam, the City’s acting director of economic development. “Requests for brick and beam office space are flooding in to our office and we are working to attract and retain this creative class in Hamilton – which a ranking such as this one will greatly assist in such an endeavour.”

This reputation may be slightly unfamiliar to some, but homebuyers have known the city has been transitioning for years.

City on the highrise

Indeed, a quest for single-detached housing at affordable prices has sent throngs of buyers from the Toronto area to Hamilton over the past decade, ReMax Canada confirmed in a recent report.

While more affordable lowrise homes may have encouraged GTA buyers to head west, it may be the stellar performance of the highrise sector that keeps them here. See, for example, how healthy the price growth in Hamilton is for condos, as compared to that for all housing types.

Developers, meanwhile, are catering to the growing demand for highrise housing in the city. Rosehaven Homes’ KiWi Condos is among the signature projects underway in the city. More are to come, particularly as nearby Burlington is putting the brakes on such development in its downtown area.

It’s not just about homebuying opportunity in Hamilton, however. From educational institutions such as McMaster University and Mohawk College, to exhibits such as the Canadian Warplane Heritage Museum, to historical landmarks such as Dundurn Castle, there’s plenty to enjoy in and around the city.

City favourites

For sports fans, there’s the city favourite Hamilton Tiger-Cats of the Canadian Football League, who play out of the new Tim Hortons Field, as well as the Hamilton Bulldogs of the Ontario Hockey League, playing out of FirstOntario Centre, formerly Copps Coliseum.

Hamilton is also benefiting nicely from the billions being spent on transit and highway infrastructure improvements in the province, allowing residents to live there and easily get around the city or travel into surrounding areas.

All of this further positions Hamilton and its residents to enjoy its rising stature as a tech town, and a place to be now and in the future.

Location, location, location

Located in the Golden Horseshoe at the west end of Lake Ontario; population of 536,917; 68 kms from Toronto, 73 kms to Niagara Falls.

Key landmarks

• Canadian Football Hall of Fame

• Canadian Warplane Heritage Museum

• Dundurn Castle

• FirstOntario Centre

• Hamilton Museum of Steam & Technology

• Tim Hortons Field

Select condo developments

98 James St. Condos by Hue Developments

98 James St. Condos by LCH Developments

CoMo Condos by Homes By DeSantis

Harbour Condos On The Bay by Canlight Group

KiWi Condos by Rosehaven Homes

Odyssey Condos & Towns by Rosehaven Homes

Soho Central Park by Losani Homes


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Vista Ridge

Losani Homes announced their final release of freehold towns and singles at Vista Ridge

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Losani Homes announced their final release of freehold towns and singles at Vista Ridge

Losani Homes recently announced the latest release of the award-winning Vista Ridge community. Since its introduction, Vista Ridge has proven to be amongst the most popular destinations for new-home buyers in charming Beamsville, and with good reason. When you combine the stunning backdrop of wine country with Losani Homes‘ long-standing history of quality and innovation, the end result is a new home community full of character and charm.

This highly anticipated release will feature contemporary townhomes, as well as single family detached lots ranging from 36- to 50-ft., including lots backing onto protected greenspace. These executive lots take full advantage of the unique topography that is exclusive to Vista Ridge, given the fact that the community is built on a former winery.

This master-planned community continues to offer sophisticated living with unmatched amenities, at an incredible value. Vista Ridge is only a few minutes from the QEW, connecting you to both the greater Hamilton area to the west and the Niagara Region to the east. For those who enjoy the great outdoors, you do not have to venture far from your Vista Ridge address to enjoy the splendour unique to wine country. Vista Ridge is nestled under the stunning Niagara Escarpment and access to the renowned Bruce Trail are only moments away.

As a Green Builder of the Year award winner, Losani Homes considered park space when designing Vista Ridge. Covering a vast 10 acres, Vista Ridge’s proposed park will include play and sport amenities for children and adults alike. Going beyond your front door you will find 45 wineries, charming restaurants and cafes, numerous parks and conservations areas, golf courses, as well as nearby public and Catholic elementary and high schools. Whether you are relocating with your family, purchasing your first home, or downsizing your empty nest, there is something for everyone at Vista Ridge.

Losani Homes townhome designs feature a more modern elevation and include larger scale contemporary windows with dark casements, urban brick, wood style panelling, and lower pitched roof. Vista Ridge is also the first community in Losani Homes’ rich 43-year history to offer four elevations on the majority of its single-family homes. They are the newly redesigned Traditional elevation, joined by Chateau, Tuscan, and Modern. No matter your personal preference, Vista Ridge has something to best suit your taste.

LOSANI HOMES
Vista Ridge

Visit the award-winning sales facility, located at 4008 Mountain Street in Beamsville. For further information visit the website.


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Losani HHHBA Hall of Fame

Losani Homes principals inducted into HHHBA Hall of Fame

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Losani Homes principals inducted into HHHBA Hall of Fame

 

Losani HHHBA Hall of Fame
Fred (left) and Lino Losani (right) celebrate their HHHBA Hall of Fame induction with parents Giovanni and Maria Losani. Photo: HHHBA

Losani Homes’ CEO Fred Losani and President Lino Losani have been inducted to the Hamilton-Halton Home Builders Association (HHHBA) Hall of Fame, joining their Father Giovanni Losani, who was inducted in 2006. These awards recognize HHHBA members who have made outstanding and lasting contributions to the organization and to the home building industry.

Lino Losani

Lino Losani immigrated to Canada in 1960 with his parents, Giovanni and Maria and six-month-old sister Elena. The family settled in the north end of Hamilton, where Fred and Julie were born.  In 1972, Lino joined his father and together they navigated the waters of residential construction.  Losani Homes was established in 1976.

Lino’s two sons, John-Anthony and Justin, inherited their father’s work ethic and areactively involved in the business. John-Anthonycurrently holds an executive seat on the HHHBA Board of Directors while Justin, like his father, works in the field.  Lino’s youngest sister Julie Losani is responsible for new home closings where she also welcomes each new owner with the keys to their new home.

Fred Losani

Fred Losani became a company partner in 1985, and over the years has received on behalf of the company, many awards.  He served as HHHBA president in 1994, received HHHBA’s President’s Award of Meritand most recently, the Governor General of Canada’s Meritorious Service Medalfor Community Service.

In the 1980s, while Giovanni and Lino focused on residential homebuilding and Elena overseeing the company’s administration, Fred focused on land development and founded F. Losani Developments, a subsidiary of Losani Homes. The company rapidly grew to become one of southern Ontario’s largest builders and land developers.

With Giovanni’s retirement in 1998, Lino and Fred established Losani Homes Inc. – the homebuilding company that solidifies more than 40 years of homebuilding excellence, quality and craftsmanship.

Together, the company has received more than 120 sales, marketing and design awards, five Community of the Year awards, five humanitarian awards and three environmental awards, locally, nationally and internationally. Although homebuilding is their primary concentration, their desire to give back to the community is paramount. Through charitable events such as the annual Toy and Turkey Drive, the Losani Family Foundation has helped raise millions of dollars for local charities alongside its many partners and associates, many of whom have been associated with the company since inception.

In recent years, the Losani Family Foundation partnered with WE (formally Free the Children) to create tangible change both locally and abroad.  As well as becoming a major sponsor of the WE Global Learning Centre, the company has brought clean water, education, schools, and a sustainable income model to Western Kenya and India. While the village of Los Rios tucked away deep in the Amazon basin was the beneficiary of several BILDnew classrooms as well as a state-of-the-art medical facility, named after Maria and Giovanni Losani.

The charitable work of Losani Homes and the Losani Family Foundation has also received the Association of Fundraising Professionals’ Golden Horseshoe Philanthropic Company of the Year, the Gold Award for Building Community Spiritfrom the National Association of Home Builders (NAHB) and BILD’s Stephen Dupuis Humanitarian of the Year.

The Losani family acknowledges its employee and trades workers, integral to the company’s success. Says Fred, “Our dad, even in his well-deserved retirement, still visits our various new-home sites with thermos’ of espresso and homemade treats made by our mom, to hand out to the team, because it is all about family.”

RELATED READING

Losani Homes one of Canada’s best-managed companies

In Conversation With: Fred Losani

 

 

 

 

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COVER STORY: EDITOR'S CHOICE: Losani Homes

Losani Homes one of Canada’s best-managed companies

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Losani Homes one of Canada’s best-managed companies

For more than 40 years, Losani Homes has been known for their recognizable style and unparalleled craftsmanship. Founded in 1976 by Giovanni Losani, along with eldest son Lino, Fred Losani joined his brother and father in 1985 following graduating from Brock University.

Losani carefully chooses locations that are close to parks, trails and wooded areas, and augments these natural settings with wide boulevards and pleasing streetscapes giving each community a spirit distinctly its own, while all standing the tests of time.

In addition to more than 100 home building awards that range from local markets to world-wide recognition, Losani Homes was also named one of Canada’s Best Managed Companies for 11 straight years, a distinction conferred by the Queen’s School of Business, CIBC, The National Post and Deloitte. In the process, Losani Homes has gained platinum status in what is Canada’s leading business awards program, a feat no other homebuilder in Canada can claim. In addition, the company has received the coveted Consumer’s Choice Awards for service, value and quality for the Hamilton/Niagara regions each of the past five years, in addition to the award for Philanthropic Company of the Year.

McKENZIE

Losani Homes’ latest community offering serves up some of the best value in southern Ontario when it comes to new communities. With four two-storey contemporary townhome designs available to compliment the rich diversity offered across the single detached options, the McKenzie strikes a unique balance between offering industry-leading value without any compromises. Two-storey townhomes range in square footage from 1,454 to 1,728 and start at $397,900. Single-family detached homes are available on 36-foot and 40-foot lots with your choice of 20 unique award-winning models. Many of which come in your choice of one of four timeless elevations starting at just $504,900.

VISTA RIDGE

Positioned on a former winery in Beamsville, Vista Ridge is a unique community that embodies all that Niagara has to offer, including rich soil and enchanting vistas. In addition, it has the envied location of being close to the Bruce Trail and the Niagara Escarpment. However, Vista Ridge’s popularity also has to do with its infrastructure. Built into the community are tennis courts, a splash pad and traditional park space.

Here, two-storey towns come in three distinct layouts, ranging in size from 1,454 to 1,708 square feet, and start at $429,900. Single-family detached homes are available on 36-foot and 40-foot lots, as well as custom lots, starting at $555,900. Models range in size from 1,348 to 3,198 square feet and are available in four elevations.

SIMPLY GRAND

This Paris might not have the Eiffel Tower, but it has been billed as one of the most charming towns in Ontario. Steeped in cobblestone character, the Grand River measures the pulse of everyday life in Paris.

Two-storey semis are available in three models ranging in size from 1,481 to 1,855 square feet, with prices starting at $447,900. A total of 24 detached single-family designs are available with a choice of one of four elevations. Homes are positioned on 43-, 46- or 50-foot lots, and range in size from 1,360 to 3,500 square feet.

CENTRAL PARK

One of the largest, and most innovative, master-planned communities in Hamilton is Central Park. This neighbourhood offers inspired designs and lot choices that are built around a wonderful park, all within walking distance to shopping. Also close by is the Eco-trail Promenade, which offers direct access to the 10-kilometre East Mountain Trail Loop.

Spacious, two-storey towns are priced from $529,900 for layouts that range between 1,470 to 1,554 square feet. Three-storey towns range in size from 1,252 to 1,633 square feet and start at $444,900.

LINCOLN ESTATES

Nestled amongst 48 wineries, Lincoln Estates is one of the most exclusive collections of single-family homes in Beamsville. The location is ideal for those who love the great outdoors with the Niagara Escarpment and Bruce Trail nearby.

Choose from 26 exclusive designs of detached homes that range in size from 1,533 to 3,632 square feet. Four exterior elevation packages include Tuscan, Chateau, Traditional and Modern on 40-, 46- or 50-foot lots. Custom lots are also available. Prices start at $689,900.

PRONTO: HOMES ON DEMAND

Losani Homes’ Pronto: Homes on Demand program allows homebuyers to get the house that they want, when they want it. Because the home was built before purchasing, significant savings are passed on to the homebuyer and quick closings are available.

Move-in-ready properties, with closings as soon as 30 days, are available at Augusta Encore, Astoria Grand, Fallingwaters and Ancaster Woodlands. A selection of styles and models are priced from $439,900 to $1.2 million.

With so much diversity in Losani Homes’ current community lineup and Pronto inventory, no matter what portion of the market you and your family occupy, there is something for you at Losani Homes.

LosaniHomes.com


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LOWRISE FEATURE: Losani Homes

Losani Homes one of Canada’s Best Managed Companies

Latest News


Losani Homes one of Canada’s Best Managed Companies

For more than 40 years, Losani Homes has been known for their recognizable style and unparalleled craftsmanship. Started in 1976 by Lino Losani, Fred Losani took over the helm in 1985. Losani carefully chooses locations that are close to parks, trails and wooded areas, and augments these natural settings with wide boulevards and pleasing streetscapes.

In addition to more than 100 homebuilding awards that range from local markets to world-wide recognition, Losani Homes was also named one of Canada’s Best Managed Companies for 11 straight years – a distinction conferred by the Queen’s School of Business, CIBC, The National Post and Deloitte.

Losani Homes was also recognized with Platinum status – one of the only in Canada. In addition, the company has received Hamilton’s Consumer’s Choice Awards for service, value and quality for the past five years, in addition to the award for Philanthropic Company of the Year.

LINCOLN ESTATES

Nestled amongst 48 wineries, Lincoln Estates is one of the most exclusive collections of single-family homes in Beamsville. The location is ideal for those who love the great outdoors, with the Niagara Escarpment and Bruce Trail nearby.

Choose from 26 exclusive designs of detached homes that range in size from 1,533 to 3,632 square feet. Four exterior elevation packages include Tuscan, Chateau, Traditional and Modern on 40-, 46- or 50-foot lots. Custom lots are also available. Prices start at $689,900.

VISTA RIDGE

Positioned on a former winery in Beamsville, Vista Ridge is a unique community that embodies all that Niagara has to offer, including rich soil and enchanting vistas. It, too, has the envied location of being close to the Bruce Trail and the Niagara Escarpment. However, Vista Ridge’s popularity also has to do with its infrastructure. Built into the community are tennis courts, a splash pad and traditional park space.

Here, two-storey towns come in three distinct layouts, ranging in size from 1,454 to 1,708 square feet, and start at $429,900.

Single-family, detached homes are available on 36- and 40-foot lots, as well as custom lots, starting at $555,900. Models range in size from 1,348 to 3,198 square feet, and are available in four elevations.

SIMPLY GRAND

This Paris might not have the Eiffel Tower, but it has been billed as one of the most charming towns in Ontario. Steeped in cobblestone character, the Grand River measures the pulse of everyday life in Paris.

At Simply Grand two-storey semis are available in three models ranging in size from 1,481 to 1,855 square feet, with prices starting at $447,900.

A total of 24 detached, single-family designs are available with a choice of one of four elevations. Homes are positioned on 43-, 46- or 50-foot lots, and range in size from 1,360 to 3,500 square feet.

CENTRAL PARK

One of the largest, and most innovative, master-planned communities in Hamilton is Central Park. This neighbourhood offers inspired designs and lot choices that are built around a wonderful park, and it’s within walking distance to shopping. Also close by is the Eco-trail Promenade, which offers direct access to the 10-kilometre East Mountain Trail Loop.

Spacious, two-storey towns are priced from $529,900 for layouts that range between 1,470 to 1,554 square feet.

Three-storey towns range in size from 1,252 to 1,633 square feet, and start at $444,900.

PRONTO: HOMES ON DEMAND

Losani Homes’ Pronto: Homes on Demand program, allows homebuyers to get the house that they want, when they want it. Because the home was built before purchasing, significant savings are passed on to the homebuyer, and quick closings are available.

Move-in-ready properties are available at Augusta Encore, Astoria Grand, Fallingwaters and Ancaster Woodlands. A selection of styles and models are priced from $439,900 to $1,200,000.

Losani Homes currently has four communities under development, and a fifth was recently opened. The McKenzie, in Caledonia, includes singles and two-storey towns.

losanihomes.com


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THE BUILDER : Separating fact from fiction

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THE BUILDER : Separating fact from fiction

By Fred Losani
Losani Homes

Much has been written in recent months about the stability of the new homes market in the GTA, with most news reports confirming a precipitous decline in sale prices, the general bottoming-out of the marketplace and a widespread malaise hanging over the industry.

Indeed, first-time homebuyers are complaining that gaining a foothold in the lucrative GTA property market has become far more difficult thanks to new mortgage qualification rules.

There has also been high-profile media coverage of specific groups of buyers who purchased a home pre-construction last spring — just as the market peaked amid a rapid acceleration in prices due to high demand and short supply — then found themselves in the unenviable position of needing to secure financing on properties that were no longer worth what they’d paid.

Denied that financing by lenders, some said they would be forced to walk away from deposits and risk legal action by developers; their can’t-miss investments soured by a cooling economic cycle.

On top of it all, provincial regulations aimed at curbing what was viewed as the disproportionate — and potentially market-distorting — influence of foreign buyers were introduced in a move to even the real estate playing field.

At the federal level, the Office of the Superintendent of Financial Institutions introduced new rules that came into effect this year setting a new minimum qualifying rate for uninsured mortgages (those with less than a 20 per cent down payment of the mortgage’s full value). Under the new regulations, lenders would need to use the higher of the five-year Bank of Canada benchmark rate, or the contract rate plus 2 per cent, as a stress test when approving mortgages. Not surprisingly, these new measures have shrunken Ontario’s pool of prospective homebuyers. It would be easy to take these headlines at face value and assume that our real estate market is in turmoil, but the reality on the ground is much different. As a developer of major communities in the GTHA since 1976, Losani Homes has seen its fair share of market upheaval. From sky-high interest rates in the early 1980s to the recession of 2008/09, our industry has managed to weather worse storms in the past. This time will be no different.

That begs the question: How can we separate fact from fiction when assessing the health of the Ontario housing market?

While it’s true that sale prices have plunged since last spring — according to the latest data from the Toronto Real Estate Board, the average price of a home in the GTA in April was $804,584, down 12 per cent from a record high of $918,184 a year earlier — prices are beginning to stabilize. TREB data also shows that average prices in April were down just 0.2 per cent when compared to March sales prices. Undoubtedly, many buyers have been pleasantly surprised by this decline in prices, while others have lamented the equivalent drop in the value of homes they’ve purchased but have yet to occupy. Prior to this dip, many could count on their homes climbing in value by as much as 20 per cent from their pre-construction levels to occupancy. In our Central Park master-planned community in Hamilton, for example, prices set at the launch of our first property release in late 2016 started at $380,000. By late summer of 2017, the equivalent homes had risen in price to $550,000.

We understand the financial turmoil this can cause for homebuyers. Given our company’s size and experience, we’ve been able to work with affected clients in our large communities who purchased at the height of the market, but found themselves in a negative equity position before setting foot in their new homes. We deal with these situations on an individual basis to help clients maintain their purchase value within a reasonable target range.

In other words, with a bit of understanding and innovative thinking, this has been a manageable challenge — and by no means are a majority of buyers in such a precarious position.

In fact, our clients are still eager and able to buy new homes, although many have since adjusted expectations given their diminished purchasing power. Some are opting for fewer builder upgrades, for example, while others are trying to maximize affordability by considering Losani Homes in lower-demand areas. Interestingly, we haven’t received calls from buyers with concerns over the new mortgage qualification rules, likely because the majority have pre-qualified at a capped rate, mitigating the risk of mortgage disqualification.

Many of these buyers prefer a single-family home — the smallest inventory segment of the market compared to medium density housing and condominiums, yet still disproportionately cited as a key marketplace barometer — and headlines continue to bemoan the limited inventory in this category. Demand does, indeed, often exceed supply. At one of our most recent developments in Beamsville, for example, we released lots in mid-April and sold more than 100 of the 190 almost immediately.

Other factors are still impeding the growth of the GTA real estate market, with soaring land prices being a lead culprit. There is a land supply shortage in our region, largely due to the limitations imposed by the Greenbelt, as well as municipal and provincial approvals processes that, over the past five years, have become more onerous and have seen approval timelines more than triple. Our industry is also experiencing an acute shortage of qualified tradespeople.

In the case of Losani Homes, even if we could increase capacity to meet demand, we may still not have access to the additional trades needed to meet closing dates. In fact, we’ve reached building capacity, which is why we’re actively reviewing new site launch schedules to avoid selling homes today that we can’t deliver until later than 2020.

In our view, policy from Queen’s Park and Ottawa hasn’t helped the challenges facing our industry. Specifically, we believe the provincial government acted on outdated information, and could have waited to obtain more accurate data before implementing sweeping policy changes such as new foreign-buyer rules. While well intentioned, measures such as these only serve to penalize the hard-working individuals trying to climb onto the homeownership ladder.

Hurdles aside, the GTA new homes market is still strong and shows signs of a robust recovery. We simply need to analyze the facts and look beyond the headlines to understand the brighter side of this story.

Fred Losani is CEO of Losani Homes. http://www.losanihomes.com/

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Editor's Choice: Losani Homes

Editor’s Choice: Losani Homes

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Editor’s Choice: Losani Homes

Realize more for your money in wine country

Today’s housing market is as competitive as it’s ever been and value can sometimes be overshadowed by need. New home prices have steadily increased and the demand for new homes far outweighs supply across Southern Ontario. Due to this fact, new home purchasers too often find themselves paying more for less in today’s market. This fact, coupled with GTA residents trying to offset the added costs of new mortgage rules and rising interest rates, has forced purchasers to find value in new markets.

Few destinations in Ontario compare to the perpetually charming Beamsville community when it comes to striking a balance between convenience, value and breathtaking amenities. For convenience, Beamsville is only a 30-minute drive from booming downtown Hamilton, a 40-minute drive to Mississauga and less than one hour drive from downtown Toronto. Heading further east, you can be in Niagara Falls in less than 30 minutes, and just beyond will take you to the American border.

Beamsville could be the best-kept secret in Southern Ontario when you take into account the amenities a short distance from your front door. The internationally recognized Bruce Trail is a brief walk from Vista Ridge and a short distance from Lincoln EstatesLosani Homes‘ new communities — offering some of the finest hiking trails in the entire province. And of course, there are 48 spectacular wineries within Beamsville alone, and many more a short distance along the renowned Niagara Wine Route.

Beamsville also has so much to offer today’s new home purchasers as well as incredible value. The average price of a detached home in the GTA has skyrocketed to over $1 million dollars, whereas the average price of a single-family home across Losani Homes’ two communities is less than $640 000. Beamsville also offers more space for those looking to escape the hustle and bustle of a metropolitan lifestyle. In fact, Beamsville’s population density is 146 people per square kilometre compared to the GTA’s 849.

With so much to offer by way of convenience, amenities, and value, Beamsville has proved to be a very inviting alternative to the out-of- reach GTA new home address. Losani Homes now offers two Beamsville communities — Lincoln Estates and Vista Ridge — and the time has never been better to make the move to wine country.

LOSANI HOMES
Vista Ridge
Lincoln Estates

Located at 4008 Mountain Street, Beamsville, the Sales Centre is open Monday to Thursday from 1 to 6 p.m. and Saturday, Sunday and holidays from noon to 5 p.m.; closed Friday.

LosaniHomes.com


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Editor's Choice: Losani Homes

Editor’s Choice: Losani Homes

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Editor’s Choice: Losani Homes

See why new home purchasers are heading to Beamsville

Small town charm meets city living. Beamsville is only moments from the QEW connecting you to Hamilton and Highway 403 in minutes. Right outside your doorstep is the great outdoors, with Lake Ontario, the Niagara Escarpment and the Bruce Trail nearby.

One of the unique features of the area are the 48 wineries, which provides the perfect backdrop for a new home. In addition, a GO Transit train station is anticipated to be built by 2021, only a few minutes away from Beamsville.

Losani Homes is proud to bring Lincoln Estates and Vista Ridge to the heart of wine country in Beamsville.

Lincoln Estates is comprised of 35 single-family homes on an exclusive enclave, some of which offer as much as 232 feet of depth. The larger community, Vista Ridge, sits on a former winery and will bring over 390 homes to Beamsville, most of which are single-family detached homes offered across several lot categories, in addition to modern townhomes.

Lincoln Estates homes are available from 1,511 to 3,619 square feet on 36-, 40-, 46-, 50-foot lots, as well as custom lots. Vista Ridge will feature homes ranging from 1,503 to 3,621 square feet available on 33-, 36-, 40-, 46- and 50-foot lots, plus custom lots are available.

Vista Ridge also features several townhome plans, all of which have recently undergone a refresh to take a step into a more contemporary design space. For the first time in the company’s rich 40-plus-year history, detached single-family homes will be offered in four different elevations. The award-winning designs will be made available in Traditional, Chateau, Tuscan, and Modern elevations.

The Modern Collection shows forward thinking design while maintaining classic elements. They feature a dramatic colour palette, large dark casement windows and the natural appeal of stone, brick and wood-style paneling.

Imbedded within the infrastructure of Vista Ridge, and a short walk from your front door, will be stunning parklands. This will feature parking, a family-friendly playground, two tennis courts complete with enclosure and a basketball court. On top of that, neighbouring the park will be a splash pad to offer a place to cool down during the summer months.

“At Lincoln Estates and Vista Ridge, we are committed to working one-on-one with each home purchaser with special mobility needs to ensure that the home meets all their accessibility requirements while also providing the ability for families to remain in their homes throughout their lifetime,” said Fred Losani, CEO of Losani Homes. “In fact, we have completed over 20 customized accessible homes for customers with special requirements.”

Future communities will also offer accessibility options for barrier-free living.

LOSANI HOMES
Lincoln Estates
Vista Ridge

Located at 4008 Mountain Street, Beamsville, the Sales Centre is open Monday to Thursday from 1 to 6 p.m., and Saturday, Sunday and holidays from noon to 5 p.m.

LosaniHomes.com


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