Tag Archives: Stephanie Lane

Courts of Canterbury by Geranium

Bungalows achieve sales success at Courts of Canterbury in Port Perry

Latest News


Bungalows achieve sales success at Courts of Canterbury in Port Perry

The first phase of spectacular bungalow and bungalow-loft designs at Courts of Canterbury is more than 50 percent sold. Home builder, Geranium, started construction in late 2019, and the neighbourhood has been taking shape throughout the winter months.

Established infrastructure

Located alongside Lake Scugog in picturesque Port Perry, Courts of Canterbury homes will blend with the existing Canterbury Common adult-lifestyle community, built more than 20 years ago. Courts of Canterbury offers the ideal combination of life-enriching designs and superb finishes, in a remarkable adult-lifestyle community, just minutes to the many fine amenities of the historic town.

At its centre is a resident-only clubhouse, where homeowners can enjoy a multitude of social and fitness activities, as well as an outdoor pool and planned excursions. “The majority of Courts of Canterbury’s purchasers are scaling down from their family home. They plan to simplify their life, yet live in comfort, while taking advantage of a newly-built, warrantied home with the choice of interior finishes,” says Stephanie Lane, Geranium’s director of sales and marketing. “The private clubhouse adds an exciting opportunity to belong, and join in various activities throughout the year.”

Flexible living

Courts of Canterbury offers a variety of floorplans, many with a loft option, in addition to open-concept spaces for flexible living and entertaining. Homes have a main-floor master bedroom and deluxe ensuite bathroom. Two model homes showcase the imaginative designs. High-end finishes include nine-foot ceilings and quality kitchen cabinetry paired with elegant granite countertops. These features are parcelled with Geranium’s stringent construction methods and materials that exceed Ontario’s Building Code. New construction offers energy efficiency and ensures lower maintenance requirements, without expensive replacements of the roof and windows for many years.

Close at hand

Courts of Canterbury is located minutes from trails, parks, a marina, unique shops, and an array of services and eateries in Port Perry’s charming downtown core. Lakeridge Health Port Perry is known for excellent, and friendly, medical care. The town hosts many events throughout the year, including live music, theatre and festivals. Port Perry is within a one-hour commute of Toronto via GO Transit, Durham Regional Transit, and Highways 407 and 401.

Available homes in Phase 1 at Courts of Canterbury range from 1,669 to 2,587 square feet on 50-foot lots. Prices start from $799,900. Since 1977, Geranium has welcomed more than 8,000 families to its new home communities. New home purchasers will have peace-of-mind knowing that they are purchasing from a builder that has a well-earned reputation.

CONTACT INFORMATION

The sales centre and model homes are located at 52 Coulter Street, Port Perry.

905.982.2649

courtsofcanterbury.com


SHARE  

Featured Products


Courts of Canterbury

Courts of Canterbury is an all-bungalow community in Port Perry

Latest News


Courts of Canterbury is an all-bungalow community in Port Perry

This summer, the award-winning new home, and community, builder, Geranium, will introduce Courts of Canterbury, located alongside Lake Scugog and minutes from Port Perry’s historic downtown core. Built more than 20 years ago, a new addition to the highly sought-after Canterbury Common adult-lifestyle community presents an all-new bungalow portfolio, which blends seamlessly into the existing neighbourhood.

All-encompassing

At the heart of the community is a resident-only clubhouse – The Centre. Here, residents can enjoy a multitude of social and fitness activities, in addition to swimming in the outdoor pool and taking in the natural wonders on the waterfront trail.

Set along people-friendly streetscapes, Geranium’s new exterior designs complement the already-established community’s mature settting, with impressive details as it relates to scale and style.

Two-, three- and four-bedroom bungalows, and bungalow-loft options are available. Interior layouts feature an efficient, and effective, use of space. The open-concept floorplans are ideal for entertaining and everyday living. When stairs become an obstacle, the main-floor master bedroom, along with a deluxe ensuite, are truly convenient. An additional bedroom is included on the loft opition, or a bedroom could be added on a future basement renovation.

Courts of Canterbury homes include high-end finishes, such as nine-foot ceilings on the main level, as well as quality kitchen cabinetry, paired with elegant granite countertops. Prices for phase one start at $799,900 on 50-foot lots. Construction methods and materials exceed Ontario’s Building Code, providing improved energy efficiency and lower maintenance.

Free and easy

Courts of Canterbury is just steps away from the waterfront trail, parks and marina on Lake Scugog. An array of eateries, boutiques and services make up Port Perry’s downtown, which has become a popular tourist destination with it’s unique shops, galleries and water access. A Lakeridge Health medical institution, Port Perry’s Hospital, provides excellent care.

With more than 9,500 residents, Port Perry is a small town with the amenities of a much larger centre. “In Port Perry, we’re creating a wonderful new opportunity for people to purchase an elegant bungalow, within an easy one-hour commute of the GTA via GO Transit, Durham Regional Transit or Highway 407,” says Stephanie Lane, director of marketing and sales.

The idyllic town of Port Perry hosts top-quality theatre and musical productions, as well as artists’ studio tours, festivals and annual events.

Since 1977, Geranium has welcomed more than 8,000 families to their new home communities. Their well-earned reputation provides new home buyers with a heightened comfort level when making that all-important purchase. At Courts of Canterbury you’ll find the home that you’ve been looking for.

CONTACT INFORMATION

courtsofcanterbury.com


SHARE  

Featured Products


h_sep18_view_from_inside_fi

The View From Inside: Is The Market Gaining Stability?

Latest News


The View From Inside: Is The Market Gaining Stability?

Sales statistics indicate small signs of market improvement

The Toronto Real Estate Board (TREB) reports for July reflect a rise in sales when compared to spring and summer 2017 and early 2018. Is this an indication that the market is gaining stability? Yes, but it’s early days yet.

The initial impact of the Liberal Ontario government’s Fair Housing Plan, introduced in April 2017, quickly started to cool things down and many buyers chose to postpone purchasing a home. Then in January, new stresstest guidelines were announced by the Office of the Superintendent of Financial Institutions (OSFI) requiring all buyers seeking a mortgage from federally regulated lenders (i.e. top tier banks), including those with more than 20 per cent down payments, to qualify at the five-year fixed rate as reported by the Bank of Canada. These two regulations negatively impacted homebuyers’ confidence. At the time, numerous industry experts predicted that the results would be temporary and there are some indications that they were right.

TREB also reported that sales numbers rose from 5,869 in July 2017 to 6,961 in July 2018 (an 18.6 per cent gain). The same report showed the average price increased by 4.8 per cent. Toronto MLS statistics for July 2018 showed that the median number of days on the market was 25 – much more usual than the previously recorded days of multiple offers and sales within a day of listing.

These statistics indicate small signs of market improvement. However, the changes to both the number of sales and average prices show increases from 2017, a year where both were considerably lower over previous years.

Although slight mortgage rate increases by the big banks in the last quarter have been introduced, rates remain historically low. Forecasts indicate that minor increases are still expected in 2018, prompting some buyers to act now and take advantage of lower interest rates.

In terms of demand for housing, this continues to outpace supply, which often has an effect of putting upward pressure on home prices. Statistics Canada reports that in the Toronto Census Metropolitan Area more than 1.2 million people moved in between 2001 and 2016, yet only just over 500,000 new dwelling units were constructed, which is not enough to fulfill demand.

When considering a home purchase, new construction has many advantages, including the latest building materials, techniques and home-efficiency technology in place upon move in, compared to updating through renovation. Further, there is the opportunity to select the features and finishes which will personalize a house into a home. Those who buy early, prior to the start of construction, have time to organize and sell their existing homes, if applicable.

And then there’s location, location, location. Many new homebuyers today are opting for infill developments that offer a roster of existing amenities already in place. The feeling of home and community is there from the onset, which is both comforting and convenient.

Take time to research new home communities and start thinking about the opportunities they present. Whatever your taste and lifestyle needs, a perfect new home is waiting just for you.

Stephanie Lane is sales and marketing director for Geranium. Celebrating 40 years in business, Geranium has created master-planned communities including more than 8,000 homes in Ontario.

Geranium.com

SHARE  

Featured Products


EDITOR'S CHOICE: Geranium

EDITOR’S CHOICE: Geranium

Latest News


EDITOR’S CHOICE: Geranium

Stylish detached homes offered in Pickering

Following a successful preview sales program, Edgewood by Geranium is slated to begin construction this year. Take advantage of this remarkable opportunity to own a spectacular detached home situated in a mature, family-friendly neighbourhood adjacent to preserved woods and close to everything in Pickering.

“We are experiencing steady interest for well-located, well-designed detached family-sized homes like Edgewood offers,” says Stephanie Lane, director, sales and marketing.

Hickory Elevation A (artist's concept).
Hickory Elevation A (artist’s concept).

A sought-after private enclave setting on Woodview Avenue, Edgewood is located just west of Altona Road and north of Twyn Rivers Drive. With only 21 architecturally stunning residences set on 40-foot and 50-foot-wide lots, Edgewood will offer elegant streetscapes of stately homes with exteriors of architectural stone and brick and attractive embellishments.

Purchase any of the seven model types and, when moving day arrives, your family will immediately be able to enjoy three levels of beautifully finished living space. Being slab-on-grade construction, the uniqueness of Edgewood provides for fully finished lower levels having a recreation room with walk-out to the garden, powder room, as well as garage parking for up to three cars.

Homes also feature main floors with modern, open-concept layouts where kitchen and breakfast areas flow into great rooms and have a walkout to the rear deck. Living and dining areas are separate or combined depending on the model type selected and many designs have a separate den, which makes an ideal home office.

Upper floors have master bedroom retreats with a spacious sleeping area, walk-in closet and spa-style ensuite. Three large family bedrooms have ensuite or shared ensuite access. The laundry room is also conveniently located on the upper floor.

Edgewood offers gracious interiors with nine-foot main floor ceilings and oversized windows. Homes include desirable features and finishes, such as a gas fireplace, decorative coffered and tray ceilings, and purchasers’ choice of engineered hardwood flooring and elegant cabinetry. Kitchens in some layouts have a pantry and separate servery connecting to the dining room and all have granite countertops with undermount sink.

These homes will be built with Geranium’s stringent building materials and methods, resulting in a home built better than Ontario Building Code for lasting value.

Minutes away, Frenchman's Bay is a fabulous destination.
Minutes away, Frenchman’s Bay is a fabulous destination.

Edgewood offers a peaceful, residential setting against a backdrop of preserved woods yet is less than 15 minutes to Pickering Town Centre and the bustling Frenchman’s Bay waterfront. Commuting is easy with Rouge Hill and Pickering GO Transit stations close by and Highway 401 and 407 just minutes away. Nearby are the University of Toronto’s Scarborough Campus, Centennial College Morningside Campus, the Toronto Pan Am Centre and the Toronto Zoo.

The Edgewood neighbourhood has an abundance of shopping options from brand name stores to small boutiques, so whether you’re shopping for home office requirements, groceries or a celebratory gift, you’ll find what you need nearby. Families will also appreciate being just a few minutes from Altona Forest, Pickering’s 102-acre urban forest with a four-kilometre trail system winding through cedar and hardwood forests, wetlands and meadows, home to a multitude of flora and fauna.

Celebrating 40 years in business, Geranium has created many master-planned communities and built more than 8,000 homes in Ontario.

Edgewood homes range in size from 3,238 to 3,990 square feet with prices starting from $1,284,900.

GERANIUM
Edgewood

The Sales Centre is open by appointment only.

647.984.5677

EdgewoodPickering.com


SHARE  

Featured Products


h_mar2018_view_from_inside_2

The View From Inside: It’s Time To Buy Your New Home

Latest News


The View From Inside: It’s Time To Buy Your New Home

Don’t let current chatter about mortgage rules and rates keep you from purchasing your dream home

By Stephanie Lane, Geranium

In a cyclical economic sector such as real estate, it is important to gauge your personal homebuying decisions with relativity and realism in mind. Whatever qualifies as your dream home, be it a modest condo, a five-bedroom mansion or something in between, avoid allowing the current chatter about mortgage rules and rates to keep you from realizing that dream.

Remember that the new rules on obtaining mortgages will affect each homebuyer differently. In addition, depending upon which institution you approach for financing, there may be a variety of outcomes. My advice is to visit a few lending institutions prior to making your purchase decision – or before you start shopping, ideally – so you know what you can afford. Should you not qualify for the amount you were hoping for, at a minimum, you might have to expand your geographic search to more affordable areas, consider an alternate home style, or save more toward a down payment.

Keep in mind, too, that in real estate, everything is relative. Looking at Canadian mortgage rates over the past four decades, our rates have remained amazingly low in comparison. Posted five-year mortgage rates peaked to double digits in the 1980s (when they reached over 20 per cent at one point) and the early 1990s. At that time, economic experts believed that we would never experience single-digit rates again.

Looking at the past few years, things have remained relatively stable since 2010, with bank rates fluctuating between 0.75 per cent and 1.25 per cent from then to early 2018, and prime rates from 2.25 to 3.45 per cent during that time period. The bank rate right now is 1.5 per cent, bringing a relatively small increment of the most recent five-year posted fixed mortgage rates from 4.99 to 5.14 per cent. Even with this moderate rate rise and potential increases in the near future, we are still hovering at the low end of historic rates compared to those of the 1970s through the early 2000s.

Yes, there are more stringent rules now to qualify for a mortgage, but keep in mind that Canada’s conservative financial practices kept us from reaching the devastating economic real estate lows the U.S. experienced years ago. These tightened rules are designed to ensure that buyers are, in fact, equipped to handle mortgage payments over time rather than getting in over their heads.

Rates and rules may change, but one thing that remains the same over the decades is that a well-researched homebuying decision is far more likely to result in happy homeowners than a rushed process. Be sure to consider all of the parameters and contemplate your options thoroughly. You owe it to yourself to make the very best decision possible.

During the past few decades, real estate has proven to be a worthwhile decision for those who ride out the highs and lows of the market. Now remains an excellent time to buy new homes in Ontario.

Stephanie Lane is sales and marketing manager for Geranium. Celebrating 40 years in business, Geranium has created master-planned communities including more than 8,000 homes in Ontario. Geranium.com

SHARE  

Featured Products


h_oct2017_view_inside_fi

The View From Inside: The Many Benefits Of Buying A New Home

Latest News


The View From Inside: The Many Benefits Of Buying A New Home

Even experienced homeowners realize buying a home takes a lot of forethought and research, especially when it comes to choosing whether to buy new or resale. There are many advantages to buying a newly built home, especially during the pre-construction phase when you often benefit from the best price and selection of designs and lots. Of course, this assumes your current lifestyle will allow you to remain living in your existing home while a new home is constructed; a period that could be from six to more than 18 months, depending on when you buy.

Contrast this with a resale purchase, which would typically close anytime from 30 to 90 days. However, unless the resale home you purchase is 100 per cent to your liking, once settled in, you may find you are making plans to undertake repairs, replace older items like windows, doors and appliances, or embark on a complete renovation. Over time, it can cost more to maintain an older home compared to a new home.

New builds also have the great benefit of coverage with Tarion Warranty Corporation, which is currently being revised to provide even more protection. Under this program, homes will be covered for significant repairs for at least seven years. This valuable peace-ofmind is not offered when buying older, existing homes.

Of course, you want what is both beautiful and practical for your family. New home designs reflect the way families live today with both flexible, open-concept areas as well as private spaces which may include an office or a library, rooms that are ideal for today’s work-from-home culture.

We hear time and again from our purchasers how much they value being able to choose the features and finishes for their home, which is a wonderful expression of their personal style, without the mess and inconvenience of a renovation. With guidance from a builders’ design consultant during a private appointment, hundreds of items are available to transform a house into a home. Also keep in mind that today’s standard features, such as 9- and 10-foot ceiling heights, are luxurious compared to what was offered decades ago. When you buy new, you know your home will be solidly built to the most stringent and up-to-date standards of Ontario Building Code. In fact, many builders set the bar much higher than code. Homes built now are also considerably more energy efficient, with higher levels of insulation, better quality windows and exterior doors, superior draft protection, water-saving plumbing fixtures, and many more construction practices that reduce energy use. Indoor air quality is often higher in a new home, which is healthier for everyone, especially those with allergies.

A mature neighbourhood setting is often cited as a reason to choose a resale home. With a little research, buyers are discovering that many new homebuilders are offering infill collections such as Geranium’s Allegro in downtown Aurora and Edgewood, coming soon to Pickering. This was not the case 10 years ago and is partially a result of constraints on land available for residential development in Southern Ontario. These infill communities provide a wonderful lifestyle in a new home on a mature treed lot in an already established neighbourhood with amenities at your door.

There’s a magical feeling when you are the very first person to live in a new home. You’re starting a fresh lifestyle painting on a clean palette in a home that will endure for many years.

Stephanie Lane is sales and marketing manager for Geranium. Celebrating 40 years in business, Geranium has created master-planned communities including more than 8,000 homes in Ontario. GeraniumHomes.com

SHARE  

Featured Products


h_jun17_view_from_inside_fi

The View From Inside

Latest News


The View From Inside

The complexity of modern floorplan design.

Undertaking the design of floorplans for a new neighbourhood is a complex process. The team tasked with creating homes for future residents is often comprised of the builder’s marketing, sales and construction representatives, architects and interior designers. Each brings a unique perspective to the table, and even though skills and experience may overlap, participation by these professionals is important to producing the best result.

Today’s families are living in their homes differently from the way they did 20 years ago. For example, the advent of personal computing and the internet has blurred the lines between work and leisure, first creating a need for designs with a home office, and subsequently making it optional as laptops, tablets and smartphones became more prevalent. The climbing national divorce rate, more families of multiple generations living under one roof and adult children who can’t afford to leave home are all impacting our home designs.

This summer, Geranium will launch the sales for Allegro in Aurora, a neighbourhood of spacious detached homes on cul-de-sac streets. Architects with Hunt Design Associates, along with interior designers from Bryon Patton and Associates, have been instrumental to the design process for the exterior architecture and interiors of these residences. As with each new Geranium community, the team approached Allegro with a fresh perspective for creating home layouts.

At the same time, we were able to do a deep dive into the special features we believe future residents of Allegro will most appreciate.

“The team embraced an attitude that these homes will be fabulous in design and function,” Patton explains. “The spaces will be truly livable, addressing the needs and wants of families today. Main floors emphasize large kitchens and great rooms that flow together for entertaining and family. Anyone with a dog will appreciate the washing and grooming amenity offered in some plans.”

Like the dog spa he references, it’s the attention to small details that are given equal importance; many that are more commonly found in a custom home. A signature Geranium feature is the rear covered loggia which offers optional outdoor kitchens, overlooks the back garden, and can be accessed through an oversized sliding-door system in most layouts.

Mudroom entries from the garage are large enough to include storage, thus keeping clutter away from front entries. Garages will have storage space for waste/recycling bins, garden equipment, bicycles, tools, etc. that will not impede vehicle parking. An elevator is an option in some layouts, while many of the kitchens have a convenient servery connection to a formal dining room.

Allegro designs have generously proportioned bedrooms, each with an ensuite bath or access to a shared bath. This private domain is something craved by multiple generations living under one roof. Taking this a bit further, bungalowwith- loft floorplans create another choice for those who desire the master plus a second bedroom on the main floor, and the loft level that becomes a self-contained suite complete with entertainment area.

Floorplan design requires forethought and ingenuity. We are fortunate to work with colleagues who have the same goal in mind – creating functional layouts with aesthetic elegance.

Stephanie Lane is sales and marketing manager for Geranium. Celebrating 40 years in business Geranium has created master-planned communities including more than 8,000 homes in Ontario. Geranium.com

SHARE  

Featured Products


h_feb2017_view_from_inside_fi

The View From Inside : Living Large In Established Neighbourhoods

Latest News


The View From Inside : Living Large In Established Neighbourhoods

In previous columns published in HOMES Magazine and contributed by Geranium, we’ve addressed the impact provincially-mandated density requirements are having on the style of new homes being designed at the entry level of the market. However, there are also supply and demand challenges in the new luxury homes segment.

The shortage of available land in the GTA is leading some new homebuilders, like Geranium, to adapt by identifying infill sites suitable for redevelopment. This sometimes requires rezoning of larger lots into smaller parcels as part of the intensification regulations.

Municipalities often welcome the new homes, preferring a slight increase in population to the area over unsafe, unkempt and sometimes abandoned properties. Local governments also have the ability, through the rezoning process, to place constraints and demands on developers. For example, Geranium recently launched for sale Twelve on the Ravine, 12 executive-style homes in an established community in Scarborough where six very large lots were rezoned for higher density. Each lot was severed in half, creating 12 new lots, each maintaining enjoyable lot sizes of 43-feet wide by up to 300-feet deep and backing onto the Highland Creek ravine. Due to the mature nature of the area and the lots themselves, the City of Toronto mandated that tree preservation be a priority for the development. Trees that are removed for purposes of construction are to be compensated for to the satisfaction of the city.

Buyers are attracted to these infill sites by the wealth of amenities that already exist in a mature, established community. As an example, Twelve on the Ravine has public transit at the door, is minutes from Highway 401 and is opposite an elementary school. Future residents will be within a 10-minute drive of shops and services, and the spectacular Toronto Pan Am Sports Centre. The University of Toronto’s Scarborough campus and two Centennial College campuses are in the area. New families moving into the neighbourhood will bring their business to local enterprises and find an abundance of conveniences to enjoy.

Interest in Twelve has come from a wide range of purchasers seeking generously proportioned two-storey homes that offer open-concept main floors with areas for family members to gather. Of those we’ve met with, many have children living at home, some are multi-generational families, and others have circumstances where they now need additional space to accommodate more adults living under one roof – a “move-up” purchase. We are also experiencing interest from neighbouring residents who wish to move into a new home instead of renovating their existing home.

The development of new housing in the luxury category generates a move-up effect in the market; within the 18 months (typically) from purchase to construction, buyers will list and sell their present home. Twelve new lots in Scarborough may mean an equal number of resale listings.

While there’s important emphasis on innovation in housing to address affordability, there is equal demand for large detached homes with a yard, walking distance to schools, shops and transit. It’s for this reason that we are experiencing new, smaller lot releases on infill sites in the Greater Toronto Area.

Stephanie Lane is sales and marketing manager for Geranium. Celebrating 40 years in business, Geranium has created master-planned communities including more than 8,000 homes in Ontario. GeraniumHomes.com

SHARE  

Featured Products