Issuu

Jan 30 - Feb 27, 2015 Volume 23 Issue 02

INSIDE THIS ISSUE

3 THINGS TO WATCH IN CANADA’S HOUSING MARKET

EDMONTON HOME SALES & PRICES UP

10 REASONS TO BUY A BRAND NEW HOME

LOVE YOUR LIFE.

MORE TIME, MORE CHOICE

MORE FREEDOM

FREED

OIC H C E OR

BUILDING LASTING LASTING RELATIONSHIPS BUILDING RELATIONSHIPS Christenson Developments has been providing Edmonton and surrounding areas with more than just a home.

Sales Centre Now Open

“Life Lease”

Village at Westmount

Villas illas at Lacombe Park

Rivers Edge Villas Riv

PH: 780.452.2030 Independent Living with optional services.

PH: 780.903.2465 St. Albert, Adult Bungalows Showhome Now Open

PH: 780.554.8342 Cameron Heights, Adult Bungalows

INCLUDES:

• Steel and concrete construction • 1 + 2 bedrooms + den • 490 - 1135 sq. ft. • Full kitchens • In-suite laundry • Air conditioning

• • • •

Finished basements and GST 6 appliances Hardwood and ceramics Spacious floorplans

VISIT US ONLINE AT CDLHOMES.COM

780.974.4757 S O L A R A L I V I N G . CA

YOUR FUTURE IS LOOKING VERY BRIGHT

PRE-POSSESSION PROMO WITH FREE UPGRADES!

• Granite counters throughout • Full laminate flooring • Ceramic tile in kitchen, bathrooms & laundry

SPACIOUS 2-BEDROOM SUITES FROM $230s

VISIT OUR SALES CENTRE 145 Ave. 127 St.

SPACIOUS 1-BEDROOM SUITES FROM $180s

127 St. just north of 142 Ave. 142 Ave.

Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm • Closed Fridays

Building Luxury Lifestyle Communities in the Edmonton area since 1980.

Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884 abbeylanehomes.com

AbbeyLaneHomes @AbbeyLaneHomes1 info@abbeylanehomes.com

vipliving.ca SELLING QUICKLY! IMMEDIATE POSSESSIONS!

GREAT PRICE. GREAT SPECS. GREAT LOCATION.

NEW SHOWSUITES TO PREVIEW

Parkside Condos from low $200s VIP at Californian Parkland truly lives up to its name. With luxury specifications at an affordable price, you’ll smile every time you walk through the door. • Granite countertops throughout • Stainless steel kitchen appliances • Choice of three birch kitchen cabinets • Ceramic tile in kitchen & bathrooms • Electric fireplace with mantle • In-floor heating • Heated underground parking • Convenient guest suite, social lounge & fitness studio

VISIT OUR SALES CENTRE Mon-Thur: 1-7pm | Sat, Sun & Holidays: 1-5pm | Closed Fridays Showhome: 780.930.1518 (Karen/Crystal) Cell: 780.445.4248 (Karen)

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 5

SALES CENTRE NOW OPEN!

ASPEN PARK CONDOS

NESTLED IN THE HEART OF SHERWOOD PARK • Spacious layouts from 676 to 1014 sqft • Granite countertops throughout • Spacious food prep island with eating bar • Stained maple cabinets with brushed nickel hardware • Porcelain tile in kitchen, entrance, baths & laundry • Fitness room with select equipment

1-BEDROOM SUITES FROM $190s • 2-BEDROOM SUITES FROM $250s

MON-THURS: 2-7PM SAT, SUN & HOLIDAYS: 1-5PM

aspenparkliving.ca 587.269.2012

thequaycondos.ca

Your Last Chance for Pre-Construction Pricing! Join us February 14 & 15 from 1-5pm

Waterside condos from the $220s Granite Counters Throughout Stainless Steel Kitchen Appliances Porcelain Tile Floors In Kitchen/Laundry Room Laminate Floors In Living/Dining Room, Bedrooms, Foyer In-Floor Heating With Temperature Control Heated Underground Parking With Car Wash Bay

CONSTRUCTION WILL START SOON! In Southwest Edmonton N

Rabbit Hill Rd.

An tho ny He nd ay

gar ille erw th T Sou

Ter wil leg ar

Dr.

23 Ave.

Mon-Thurs: 3-7 Pm Sat, Sun & Holidays: 1-5 Pm Closed Fridays

587.524.0259

TABLE OF CONTENTS

Jan 30 - Feb 27, 2015 VOLUME 23 ISSUE 02

ON THE COVER

Renew in Rosenthal by Daytona Your new life begins here

COLUMNS, NEWS & FEATURES 46

014 EDITOR’S NOTE COLUMNS

028 QUICK TIPS Calendars, planners and time trackers – oh my! BY HELLEN BUTTIGIEG 042 FUNDAMENTALLY SPEAKING The art of predicting home prices BY WAYNE KARL

060 MORTGAGE ADVICE Why you should pay attention to the Bank of Canada BY ALYSSA RICHARD

062 HOME SWEET HOME Curing that case of buyer’s remorse BY LYDIA MCNUTT

068 MAKE YOUR MOVE Moving etiquette: Pack your manners BY CHUCK RESNICK

070 INDUSTRY UPDATE 10 reasons to buy a brand new home BY JIM RIVAIT

NEWS & FEATURES

018 HOUSING MARKET Home sales and prices increase in 2014 032 CMHC REPORT Housing starts down in December 041 HOMEBUYERS’ HELP Choosing a new home builder BY LYDIA MCNUTT

046 PROJECT PROFILE Vibe Condos by Carrington Communities 052 SALES STATS Luxury home sales see double-digit increases BY LYDIA MCNUTT

054 MONEY MATTERS How to fix a bad credit score BY GAIL VAZ-OXLADE

058 MARKETPLACE Trendwatch 2015 BY SARA DUCK

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri ART DIRECTOR

Victoria Cigan EDITOR

Lydia McNutt CONTRIBUTING EDITORS

Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR

18 68

Yanic Simard

SENIOR MEDIA CONSULTANT

Shelley Balla 587.784.4044

PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Hannah Yarkony GRAPHIC DESIGNER

Miguel Cea

Published By

PO Box 458 Station Main Edmonton, AB T5J 2K1 NEWHOMEANDCONDOGUIDE.CA

066 HOMEBUYERS’ HELP Three things to watch in Canadian real estate in 2015

COPYRIGHT 2015 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers.

BY WAYNE KARL

HOMEBUYERS’ RESOURCES

079 HOMEBUYERS’ HELP Condo Buyers’ Resource Section PROJECT LOCATION MAPS

021 West 027 St. Albert 029 Fork Saskatchewan 031 North West 035 North East 043 Downtown 053 South Central 061 Sherwood Park 063 Beaumont 065 Leduc 067 South East 071 South West

ADVERTISING RATES

T 587.784.4044 email shelley.balla@wall2wallmedia.com CIRCULATION Edmonton’s New Condo Guide is

published every four weeks, 13 times per year. To submit articles or advertising, we are located at PO Box 458 Station Main Edmonton, AB T5J 2K1. New Condo Guide is free to the public.

EDITORIAL Submissions from interested parties will be considered. Please submit to susan.legge@wall2wallmedia.com

The views and data expressed by columnists do not necessarily represent those of the publication.

P 2613

Southern Springs town homes are part of the Walker Lake community of South Edmonton, a vibrant new neighbourhood with every convenience close at hand that young home owners are quickly discovering. High-quality finishes throughout, including: • •

Open plan main floors with elegant nine foot ceilings Double-car attached garages with remote openers

• Kitchen cabinets in a choice of two contemporary finishes • Polished quartz counters in kitchen and bathrooms • Free-standing homeowner’s club lounge and fitness centre

Prices start at $279,900 incl. GST

ELLERSLIE RD RD ELLERSLIE WATT WATT

655 Watt Boulevard Telephone: 780.701.5616 Show Homes open: Mon to Thurs: 3 – 8pm Weekends & Holidays: Noon – 5pm

50 50St St

ANTHONY ANTHONY HENDAY HENDAY 66 66St St

ITH SW E HOM VIEWS E LAK

Craftsman Inspired Town Homes In Thriving South Edmonton

and and

N N

SHOW SUITE NOW OPEN

Secord Corners

LUXURY TOWNHOMES DESIGNED FOR TODAYâ€™S BUYER

ords like stylish, modern & even a little bit sexy come to mind as you enter the Secord Corners Townhomes. Gleaming granite countertops, large windows and a glass tile backsplash in the kitchen give the space a sleek, urban feeling while features like the large rear deck & oversize double attached garage are exactly what suburban buyers are looking for. Innovative finishes like glass walls instead of the usual spindle stair railings allow light to flow throughout the home. Thoughtfully positioned in the west end of Edmonton, Secord Corners townhomes are located in the gorgeous community of Secord. This family oriented community is 12 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

just off past Lewis Estates and provides easy access to West Edmonton Mall plus the Whitemud and Anthony Henday freeways. Just a stoneâ€™s throw away from grocery stores and the established community of Parkland, Secord Corners offers spectacular value for residents. Easily accessible and close to many amenities, these townhomes are the exactly what northwest Edmonton has been waiting for. Perfectly sized at 1536 square feet, these homes have been specifically designed to maximize the floor space. The open concept design allows one room to flow into another, giving the overall impression of a much larger home. A spacious gourmet style kitchen with a convenient eating bar is ideal for active families or professional couples with hectic lifestyles while the dining nook is the perfect spot for family meals or a party. The great room features plenty of room for a luxurious flat screen TV, an oversize window and has

lots of room for entertaining. A well-placed half bath is very convenient for both residents and guests. Upstairs, three generous bedrooms offer fantastic space for children or make excellent offices or hobby rooms. The master suite is a great size and comes with a large walk in closet and four-piece ensuite. Another four-piece bathroom completes this level. The lower level of the home contains the laundry room, storage room and oversize double garage. Many valuable upgraded features of these homes include five appliances, an oversized deck and full landscaping of both front and back yards. The extra deep double attached rear garage has additional storage for the kids stuff or recreational equipment. Secord Corners Townhomes have been planned and are being constructed by Footprint Developments. This company specializes in creating greater Edmonton’s most value rich townhome communities. Very popular with today’s buyers, their first development, Terwillegar Corners, sold out in just months. Secord Corners Townhomes are master crafted and come complete with valuable, upgraded features and finishes. There are only 20 townhomes remaining in the final phase of this private community. Homes are selling fast - so do not wait to reserve your Secord Corners home! Priced from the $280’s these homes are definitely west Edmonton’s most impressive new home opportunity. For more information about Secord Corners Townhomes, please call 780.966.6524 or visit their show home in Secord at 9535-217st, just off of Secord Blvd. To get to Secord, turn off the Whitemud onto Secord, turn left on Secord Blvd & follow the signs. Check out www.secordcorners.ca for more details too.

YELLOWHEAD TRAIL

STONY PLAIN RD.

GREEN DR. 87 AVE. N W

SECORD Sales Center

178 ST.

WEBB E

ANTHONY HENDAY DR.

217 ST.

Lake

215 ST.

WINTERBURN RD. BLVD. ORD SEC

STONY PLAIN RD.

WHITEMUD DR.

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 13

EDITOR’S NOTE

TAKE ADVANTAGE, WHILE YOU CAN!

SUSAN LEGGE EDITOR-IN-CHIEF

Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide

Rather than increasing interest rates, as some predicted for 2015, the Bank of Canada dropped its interest rate target to 0.75 per cent at its latest announcement on January 21 – good news if you’re in the market for a mortgage. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates. With a pre-approval in hand, you’re protected if rates rise; if they drop, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for home hunters, since it means you don’t have to wait to get financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first, since you already have your financing in place. So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant upward movement in 2015. However, we can’t assume that will be the case, and you shouldn’t wait too long to get preapproved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. Take advantage, while you still can!

THE “NEW” DREAM HOME

LYDIA MCNUTT EDITOR

Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

With Canada’s dwindling supply of undeveloped land in urban centres, and rising population, demand and prices, it looks like there are only two places for people to go – out, or up! This is part of the reason condominiums have risen in popularity these days – and not just among first-time homebuyers. More and more, we’re seeing condos become the home of choice for families, thanks to their prime locations, convenient lifestyle and the affordability they offer. There’s a new dream home on the market – “new” not just in terms of construction, but in concept as well. Home builders today are designing condos with efficient layouts and smart features, and they’re not just “small but sweet” spaces anymore either. The rising trend of three-bedroom suites across Canada welcomes those who choose to call condos “home” as their family grows and their needs change through the years. When hunting for your next home, think about what’s most important to you – now, and in the future. A successful home search will balance price, location and amenities. Do your research, explore all avenues – downtown and out-of-town – and see what your budget can buy. Take your time, know what’s important to you, and you’re sure to find happiness and a new home that you’ll love!

14 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

S E L L I NG FA S T – ON LY 15 U N I T S L E F T !

FIN

PHA

D ON

AL SE

’T M ISS OU T

The cat’s pajamas in neot-o-cool cribs

PRINCETON COURT

Clover Bar Road

Sherwood Drive

Palis

comes to quality craftsmanship, our homes couldn’t be

ades

Broadmoor Blvd

Grande Design Homes are all about. But when it

Way

Yellowhead HWY

Modern master suites with some sizzle are what

more traditional. Grande Design executive townhomes

Lakeland Drive

are sleek, chic and dazzlingly modern, but built to last.

Baseline Rd

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Modern Homes. Classic Values.

Visit GrandeDesign.ca for more information.

PRINCETON COURT 780-570-5065 Sherwood Park

Prices starting in the $300’s

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Close proximity to new school, Emerald Hills Shopping Centre, hospital and Millennium Place

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 15

NOW PRE-SELLING DUPLEXES FROM $399,900 Village on the Lakes is Parkwood’s latest condo community in Rosenthal. Bordering on two lakes within one of west Edmonton’s newest premier communities, enjoy stunning lake and parkland views from walk-out bungalows and two storey homes. Visit our Sales Centre at 3947 Ginsburg Crescent NW located in Granville or Call 780 914 2006

ONLY 4 UT WALK-O WS O L A BUNG ING IN A M E R

VILLAGEONTHELAKES.COM

PARKWOOD DEVELOPMENTS

IATE IMMED IONS S S E POSS BLE AVAILA

Luxury the way YOU want it. Customizable bungalow and two-storey villas with walk-out basements onto the Blackmud Creek Ravine.

Anthony Henday 111 St

Ellerslie Road

James Mowatt Trail

Connelly Way 30 Ave Allard Link

780.717.7490 #6, 1030 Connelly Way SW VillasOnTheRavine.com 16

LOWER OIL PRICES, ALBERTA’S ECONOMY AND NEW HOUSING CONSTRUCTION IN 2015 (PART 1)

The continuation of oil price declines into the new year

Comparing these numbers to our average surveyed

has made life difficult for forecasters who are trying to

national outlook shows that, for the moment, the general

predict the overall outcome that lower oil prices will have

expected effect of lower oil prices on Alberta’s economy is

on Alberta’s economy in 2015. This is because oil has yet

for it to perform at par with the nation for the first time in

to show signs of settling within a stable trading band, in

years. In other words, no comparable boom, nor bust, but

which exposed companies can confidently operate – or

symmetry.

make decisions – in.

For those on the supply side of the new housing market,

In the final month of 2014, many economists were

the lack of any sort of positive performance gap between

predicting oil would trade between $65 and $85/barrel

Alberta’s economic growth and the nation’s could be

over the course of this year. Today, it is more likely to

concerning as decreases in this gap has correlated

hear about a price band between $45 and $65/barrel,

strongly with decreases in net migration levels to the

while the idea of a $100 barrel continues to become the

province.

stuff of legends.

The past few years saw record-setting levels of

With this in mind, it is likely that the beginning of this year

in-migration to the province thanks to economic growth

will be characterized by provisional outlooks as markets

that largely outperformed the rest of the nation’s. As a

work to form a sustainable price floor for oil, and

result, the number of new housing units under construction

economists look for data trends that will help shape the

in Alberta remains at record-setting levels today. Moving

measurable impact that lower oil will likely have.

forward, with a decrease in net migration possibly looming,

At Intelligence House, we have been following this situation closely, while keeping an updated survey of economic outlook provisions. As of now (under an assumed $45 to $65/barrel trading price band), an

it is worth considering the extent to which these homes are being constructed in order to satisfy current demand, or what was once expected to be future demand? More on this next time…

average of these forecasts is predicting that Alberta’s economy will expand at a rate of 2.2% in 2015 (down from 3.9% in 2014). Furthermore, employment growth is expected to slow to a rate of 1.5% (down from 3%), while unemployment is expected to rise to 5% (from 4.6%).

Intelligence House is Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry.

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 17

IN THE NEWS

HOME SALES AND PRICES INCREASE IN 2014 Condo sales up 11 per cent

EDMONTON REALTORS WERE A BUSY BUNCH IN 2014, with sales recorded

through the Multiple Listing Service (MLS) system up more than 11 per cent over 2013, according to the Realtors Association of Edmonton. Sales of all property types exceeded expectations, attributed largely to a rise in affordable new condos and low mortgage rates. A total of 18,991 residential sales were reported in 2014, compared to 17,077 in 2013. Single-family home sales were up 9.8 per cent; condo sales rose more than 11 per cent; and duplex and townhouse sales saw a whopping 25.4-per-cent increase. Home prices were also up, averaging $367,228 – up 5.2 per cent year over year. Single-family homes finished the year 5.6 per cent higher over last year, at an average of $432,713. Meanwhile, the average price of a condo was up 4.5 per cent from 2013, at $252,175. “Edmonton and the surrounding areas experienced a great increase in volume of sales, but also a healthy increase in price. We did not see the sudden spikes in prices that we saw in 2007, but we did surpass the single-family record price in March of 2014,” says Association president Greg Steele. “An increase in newly built affordable condos and multifamily units coupled with historically low mortgage rates encouraged new buyers into the market. We also saw great migration into the province and a very tight rental market. These factors all play into a very active market in 2014.”

The all-year sales-to-listing ratio was 70 per cent (up two per cent from 2013) with average days-on-market at 47 days (down from 53 last year). The active market was highlighted by a year-end inventory of just 3,059 properties, a similar number to the end of last year.

“An increase in newly built affordable condos and multifamily units coupled with historically low mortgage rates encouraged new buyers into the market” As is seasonally normal, prices and sales dropped in December from November, but are up year over year from December 2013 in all categories. The price of a single-family detached property dropped 3.3 per cent from $444,312 in November to $429,470 in December. Condo prices dropped 3.4 per cent in December to $247,099, while duplex/row house prices increased slightly from November to $355,978. December all-residential unadjusted sales were exactly the same as 2013 at 770, and down almost 38 per cent from last month. “Now that the holiday season is over and a new year is here, we expect listings and sales to begin to ramp up again,” Steele says. “We encourage both potential buyers and sellers to talk to their local realtor about their options in this market and what is right for them.”

Web Directory BUILDERS/DEVELOPERS

Find your next condo online, it’s easy! BUILDERS/DEVELOPERS

Abbey Lane Homes

www.abbeylanehomes.com

Sage Gardens

www.sagegardensliving.com

Addison Condos

www.theaddisonoffwhyte.com

Secord Corners

www.secordcorners.ca

Albany Trails

www.albanytrails.ca

Serenity

www.liveserenity.ca

Californian Parkland

www.vipliving.ca

Solara at Skyview

www.solaraliving.ca

Callaghan Ravines

www.callaghanravines.com

Stafford Greens

www.staffordgreens.com

Carrington Communities

www.carrington.ca

Station Pointe Village

www.stationpointe.com

Christenson Developments Ltd.

www.cdlhomes.com

Tenor on the River

www.touchstalbert.com

Concept Homes

www.concepthomes.ca

Tessco Incorporated

www.edmontoncondo.com

Coventry Homes

www.coventry-homes.com

The Icon

www.theicon.ca

Daytona Homes Master Builder

www.daytonahomes.ca

The Rushes of Southfork

www.rushesofsouthfork.ca

Encore Tower

www.encoretower.com

The Signature

www.signatureambleside.com

Footprint Developments

www.footprintdevelopments.ca

Ultima

www.ultimatower.ca

Fox One

www.foxtowers.ca

Victory Lane

www.victorytownhomes.com

Grande Design Homes

www.grandedesign.ca

Windermere Mansions

www.windermeremansions.com

Homes by Avi

www.homesbyavi.com

Windermere Waters

www.windermerewaters.com

Landmark Urban Living

www.landmarkgroup.ca

Maxx Urban Living

www.livemaxx.ca

RELATED BUSINESS

Meridian Plaza

www.meridianplaza.ca

Park Homes

www.parkhomes.ca

Canadian Home Builders’ Association – Alberta

www.chbaalberta.ca

Canadian Home Builders’ Association – Edmonton

www.chbaedmonton.ca

Dangie K-9 Service Inc. Your Condominium Security Specialists

www.dangiek9services.com

Parkwood Master Builder

www.parkwoodmasterbuilder.com

Robert F. McLeod

www.robertmcleod.ca

Rohit Communities

www.rohitcommunities.com

››

If you wish to advertise your Web site in our Web Directory please call 587-784-4044

RAY GIBBON DR.

M AR K

M ES

SIE R TR A IL

RT BE AL

MERIDIAN STREET (0 St.)

ST.

137 Ave.

AIL TR

DR.

Lessard Road DR.

QE II

James Mowatt Trail

127 St.

141 St.

170 St.

Cameron Heights Drive

*LEERQV

Interchange

28A

EDMONTON & REGION Check Each Area District Map For More Information

20 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

&DOPDU

213 St.

WestEdmonton Yellowhead Trail

124 St.

7 159 St.

87 Ave.

WHITEMUD FWY.

QUESNELL BRIDGE

6 10

199 St.

69 Ave.

GROAT BRIDGE

142 St.

163 St.

170 St.

9 2

149 St.

156 St.

178 St.

8 1

175 St.

Rosenthal Blvd.

102 Ave.

Stony Plain Rd. 100 Ave. 95 Ave.

182 St.

ANTHONY HENDAY

Stony Plain Rd.

107 Ave.

a en d. Bu ta R Vis

Winterburn Road (215 St.)

Secord Blvd.

Ma yfie ld

Rd .

111 Ave.

Callingwood Rd.

North Saskatchewan River

MAP LISTINGS

1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES

2035 Grantham Court 2 GROVENOR MANOR BY PELHAM MASTER BUILDER

10126 – 144 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS

9535 - 217 Street 4 STAFFORD GREENS BY ALDRITT HOMES

62 Ave & Getty Gate

5 JADE BY CARRINGTON COMMUNITIES

NW corner of Rosenthal Blvd & 215 Street 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd

GLENORA SKYLINE 10220 - 140 Street

10 ELEMENTS HAMPTONS BY ROHIT COMMUNITIES

1753 Hammond Cres NW

7 THE VANIER BY QUALICO LIVING

9820 165 Street 8 VIP AT CALIFORNIAN PARKLAND BY ABBEY LANE HOMES

2035 Granthan Court

WEST EDMONTON | Call Trent 780.426.1686

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 18 and 19

CONDOS FROM $193,900 1004 Rosenthal Boulevard NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 21

WEST

DAYTONA HOMES:

Renew in Rosenthal W

elcome to Renew in Rosenthal - Daytona Homes’ exciting new townhome development that combines modern and spacious living with an incredible starting price from the low $300’s. This west Edmonton community is ideally situated where residents enjoy light neighbourhood traffic with the benefit of easy access to amenities and major roadways, such as Anthony Henday and Whitemud Drive. Residents are just minutes away from West Edmonton Mall - filled with world-class shopping, restaurants, and entertainment. Natural surroundings are plentiful in this charming community, with generous parks, pathways and green spaces available to enjoy, plus a scenic natural wetland. Renew in Rosenthal presents two beautiful home-style options to choose from: the Solara and the Storm. These twostorey, open-concept designs are sure to impress with floor plans ranging from 1,450 -1460 square feet. The Solara offers a two 22 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

bedroom plus spacious bonus room floorplan that optimizes space usage, while the Storm provides homeowners with a desirable three bedroom option for maximized functionality - both homes feature 2 ½ baths. Homeowners are offered four colour schemes to choose from, ranging from the contemporary to the more traditional – all expertly chosen by a professional design team that takes the guesswork out of creating a visually appealing, luxurious interior finish. Renew townhomes offer an exceptionally sized kitchen with spacious pantry, and an island with extended eating bar. Homebuyers can take advantage of a limited time offer for a free quartz kitchen countertop upgrade for the first 10 sales! Also included in the kitchen are four gourmet appliances, attractive pendant lighting, and a full tile backsplash. Urban style laminate flooring is featured throughout the main level of the home. The open floor plan between the kitchen, dining and living area provides a welcoming feeling throughout

the main level, and offers the perfect setting for entertaining family and friends. Numerous oversized windows, complete with Hunter Douglas blinds, provide natural lighting and complement the open atmosphere of these stylish townhomes. All bedrooms in the Renew townhomes feature exceptionally sized windows that carry the modern feel of the home throughout the second floor. The spacious master bedroom features double closets, and an appealing full bath ensuite. An additional full bath, plus a conveniently located stackable washer and dryer complete the home’s second level. Setting Renew apart from most townhome style developments is the attention to detail and level of quality that is presented to the homebuyer. Premium exterior siding and fully landscaped, maintenance free exteriors provide the ultimate convenience for future homeowners. Plus, a front attached garage with automatic opener ensures a warm and snow-free vehicle during the winter months. Expertly designed and developed, each home features Daytona’s superior common wall insulation system that drastically reduces sound transfer and helps create a peaceful and relaxing home environment. Edmonton Sales Manager, Guy Bellis, explains that Daytona is “offering a very unique and affordable 2 or 3 bedroom style townhome with attached garage, with an extremely attractive square footage. This type of combination is a rare find in west Edmonton and is sure to please on many levels. This development offers a brand new living solution for many different lifestyles – first time buyers who are currently renting, move up condo market, downsizers, families, couples and single professionals – whatever the case – ‘Your new life begins here’.” With the high quality and

affordability of this Daytona Homes product, plus a great location – Renew in Rosenthal is an opportunity you don’t want to miss out on! Be sure to visit the Renew in Rosenthal grand opening event on Saturday, February 14 from 12pm5pm! Guests will enjoy activities for the whole family, delicious snacks, and exciting prize giveaways. Be one of the first ten groups to tour the stunning showhomes and receive a special gift! For more information or to learn more about Renew in Rosenthal visit renewinrosenthal.ca or call Renew sales consultant, Jerry Baird at 780.756.5307. Visit the show homes at #1 & 2, 8209-217 Street NW from Monday to Thursday from 3-8pm. Saturday, Sunday, & Holidays from 12-5pm.

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 23

WEST

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 25

New 2015 Annual Coming soon

On Now! Watch for it! OnStands Stands Now! October 2012

The stories behind Edmontonâ€™s top builders, developers & new communities

26 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

St.Albert ros e Dr.

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BY BOUDREAU DEVELOPMENTS LTD.

25 Element Drive

105 Bellerose Drive

2 CITADEL VILLAGE

4 T ENOR ON THE RIVER

BY CHRISTENSON COMMUNITIES

DEVELOPED BY MCLEOD PROJECT MARKETING

St. Albert Trail & Ridge Drive

35 Sturgeon Road

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 27

QUICK TIPS

// BY HELLEN BUTTIGIEG

CALENDARS, PLANNERS AND TRACKERS – OH MY!

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-book on how to find more time, energy and inner peace. Contact Hellen by emailing info@WeOrganizeU.com

’ve been buying the same planner for years, and I believe it’s the single most important part of my time-management success. I once tried changing it up and using a digital calendar instead, but I found that I was missing deadlines, confusing appointments and feeling overwhelmed. After a three-month trial, I ditched it and went back to my trusted paper planner. For a calendar system to work, you need to use it consistently. Choose one that suits your learning style and using it will come naturally. Your natural way of taking in information greatly affects which scheduling method will work best for you. Rather than trying to change yourself to adapt to your calendar system, select one that fits your learning and organizing style.

If you are a hands-on learner (kinesthetic), choose a planner with a texture that is a pleasure for you to touch. What feels best in your hands: leather, faux crocodile or cloth? The physical act of writing down appointments and tasks will help you remember them. Place a sticky note on the front on your planner and list on it the things you must do that day and cross items off as you complete them. Use stickers to highlight important activities/events. If you don’t require the portability of a planner book, another option is a wall calendar or a whiteboard (with the days of the week across the top and the tasks written underneath). Hang it across the room and wipe off each task as it is completed. The key to getting a good fit is to make your calendar interactive for your hands-on preference. You may also choose to use an electronic calendar to keep track of your commitments, as this will keep your hands busy while giving you greater flexibility and freedom to change plans when you need to. If you learn best by seeing (visual learner) paper agendas and large wall/ desk calendars work well for you. Choose a planner that is aesthetically pleasing to you. You will be drawn to fashionable colours, inspiring motivation quotes and beautiful pictures/artwork. Use bright coloured markers to highlight important events/activities on your calendar. Use sticky notes in various colours as reminders of important actions to take. A calendar with space for notes and to-do lists will allow you to see all of your commitments in one place, which will help you remember to check them more often. Alternatively, if you choose to use a computer calendar, you will likely want to print it out and use colour settings (i.e. to differentiate between work and family commitments). Most importantly for visual learners, keep your calendar in a place where you will get a clear view of it throughout the day. If you learn best by hearing/speaking (auditory learner), it would be beneficial to have your to-do list and schedule both in one place and have it nearby at all times. This will help you remember to stop for an errand while already in that area. If you want to manage your schedule electronically, be sure to set alarms as reminders of important events/ deadlines. You may want to set your computer so it opens and reads your to-do list each time your start it up at the beginning of the day. If you prefer to use a paper planner, choose one that accommodates your handwriting style; i.e. if you have large handwriting or like to make lots of lists, you’ll want to use one that provides ample space for that. Systems that provide weekly/monthly views will be more helpful to you, allowing you to look ahead and plan for both the busy and quiet times ahead. Keep in mind that we all use more than one learning style, but we have a preference for one in particular. Find and use the one that works for you!

28 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

FortSaskatchewan ER AT S DWBON E R IB G

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MAP LISTINGS

1 ELEMENTS SENNA

2 CLIO

BY ROHIT COMMUNITIES

BY PARK HOMES

1 Santana Cres.

#94th St Southfort Drive

WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community. “Move in Next Door... Neighborly Fort Saskatchewan”.

POPULATION Over 14,700 LOCATED Adjacent to the northeast boundary of the provincial capital, the City of Edmonton & 30 km from downtown Edmonton SCHOOLS 6 Public Schools, 3 Separate Schools, 1 Christian School GROCERY Sobey’s Station Square, Canada Safeway,

Extra Foods, Garden Market IGA RECREATIONAL FACILITIES Dow Centennial Centre, Tennis courts, campground, golf courses, bowling lanes, baseball diamonds, indoor pool, outdoor ice rinks (2), curling rinking, indoor soccer, gymnasium, fitness centre

MEDICAL FACILITIES Hospital, local ambulance, 5 medical clinics PARKS & PATHWAYS 360 hectares of park/ recreational/natural land with 29 km of paved trails for walking, running, biking, rollerblading & cross-country skiing

For more information contact Tanya Stillborn (780) 992-6408 or visit our website at www.fortsask.ca or e-mail: tstillborn@fortsask.ca

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 29

FORTSASKATCHEWAN

ER UND CTION U STR CON

Park Homes Signature Series Comes to Fort Saskatchewan Clio is a new generation of Park Homes highly successful Georgian style three bedroom town homes, featuring elegant exteriors with charming window boxes and interiors designed for contemporary living: • • • • •

Warm laminate flooring through open plan main floor Gourmet kitchens with five appliances; Elevated nine foot ceilings on the main floor – and every home has an Extra length two-car garage large enough for a full size truck and a second car! Located in the vibrant new community of Southpointe, close to the city centre

Prices start at $289,900 incl. GST Pre-sale Centre open at 8530 94 St. Fort Saskatchewan Mon to Thurs: 3 – 8pm Weekends and Holidays: 12 – 5pm Closed Friday Tel: 780.809.8589 30

clio.parkhomes.ca follow us on

and

NorthWestEdmonton City Boundary

12 176 Ave. Castle Downs Rd.

2 167 Ave.

162 A ve

153 Ave. 6 14 8 1 10 4

142 Ave.

7 132 Ave. 127 Ave.

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135 St.

137 Ave.

11 13

97 St.

150 Ave.

121 St. 113A St.

153 Ave.

127 St.

5 9

148 Ave.

Campbell Rd.

Stony Plain Rd.

MAP LISTINGS

1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave. 2 ALBANY TRAILS BY FOOTPRINT DEVELOPMENTS

138 St & 167 Ave. 3 AVIVA BY CARRINGTON COMMUNITIES

167th Ave & Albany Way 4 VICTORY LANE BY ABBEY LANE HOMES

2510 Pegasus Blvd. 5 UPPER CARLTON BY REID BUILT HOMES 13838 - 166th Avenue 6 VALOUR BY CARRINGTON COMMUNITIES

North of 137 Ave along Griesbach Parade

7 B ELLWETHER PARK 132 Ave. & 132 St.

13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT

137 Ave & Ray Gibbons Dr.

8 VICTORY PARK

14 JUNO TOWNHOMES

BY ABBEY LANE HOMES

Pegasus Blvd & Sir Arthur Curry Way

BY SLOKKER CANADA WEST

2570 Pegasus Blvd. 15 CAERNARRON KEEP - FIRST PLACE PROGRAM

9 THE SILHOUETTE AT CARLTON

BY LANDMARK COMMUNITIES

BY CASSEL COMMUNITIES

14621 - 121 St. NW

15503 - 139 St. 10 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES

4450 McCrae Ave. 11 ELEMENTS STARLING BY ROHIT COMMUNITIES

2407 Sparrow Crescent 12 LEGACY POINTE BY CONCEPT HOMES MASTER BUILDER

18230 - 104A Street

NORTHWEST EDMONTON | Call Eva 587.520.3372

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

CONDOS FROM $189,900

Font: Optima Roman & Bold, all caps & small Caps C:72 M:75 Y:0 K:0

Please see our ad between pages 18 and 19

507 Albany Way

C:23 M:0 Y:45 K:0 C:0 M:0 Y:0 K:85

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 31

CMHC REPORT

HOUSING STARTS

trending lower in December THE TREND MEASURE OF HOUSING

was 192,047 units in December compared to 194,807 in November, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a sixmonth moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “The modest decline in the trend in December reflected lower levels of both multiple and single-detached starts,” says Bob Dugan, CMHC’s chief economist. “Overall, activity in 2014 continued to be supported by employment growth and migration with starts remaining essentially unchanged at 189,401 compared to

STARTS IN CANADA

187,923 in 2013. These factors are expected to continue to promote stability in the pace of new home construction during 2015.” CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for swings in monthly estimates and obtain a more complete picture of the state of Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next. The standalone monthly SAAR was 180,560 units in December, down from 193,199 in November. The SAAR of urban starts decreased to 162,915 in December, from 173,627 in November. The decrease was led by multiple urban starts, which decreased to 103,054 units in December from 110,766 in November, while single-detached urban starts decreased to 59,861 units from 62,861. Urban housing starts saw relatively large declines in Atlantic Canada, Quebec and the Prairies, while urban housing starts registered modest gains in Ontario and British Columbia. Rural starts were estimated at a seasonally adjusted annual rate of 17,645 units.

thesilhouette.ca GROUP

D BE L U O C THIS VIEW! YOUR

Premium Condos, Now Selling! WINTER PROMOTION $5000 OFF YOUR PURCHASE PRICE UPGRADED APPLIANCES & HUNTER DOUGLAS WINDOW COVERINGS INCLUDED! • 14 suite plans to choose from ranging from 691 SF to 1321 SF • Pricing includes heated underground parking, A/C, Quartz countertops in kitchen & more • Future on-site amenity building, close to walking trails and man-made lake • Minutes from shopping and the Anthony Henday

Condose from th $200’s

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32 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

Sales Centre: #107 15709 139 Street NW, Edmonton AB Email: sales@thesilhouette.ca • Phone: 780.478.0352 Monday to Thursday 3pm-7pm and Weekends & Holidays 1pm-5pm www.thesilhouette.ca

NORTHWEST

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 33

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.

NEWCONDOGUIDE.COM Published by

NorthEastEdmonton 8 16710Ave.

M Fo ANNIN GF rt WY. Rd . 34 St.

ve. 137 A

Rd .

137 Ave.

Fo rt

132 Ave.

129 Ave.

120 Ave. 95 St.

118 Ave.

58 St.

122 Ave.

121 Ave.

. Ave d. 112 Blv Ada

CAPILANO BRIDGE

MAP LISTINGS

7 11 Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.

127 Ave.

20 St.

144

34 St.

87 St.

144 Av e.

151 Ave.

. Ave

Victoria Tr.

50 St.

66 St.

22 St.

82 St.

97 St.

. 160 Ave . Ave 153

195 Ave.

4 2

91 St. 1

104 Ave. North Saskatchewan River

5 BRINTNELL SUMMIT

1 TOPAZ BY PARK HOMES

BY QUALICO LIVING

70-8318 180 Ave.

445 Brintnell Blvd NW

2 SHOREWINDS CONDOMINIUMS

6 CLAREVIEW VISTAS BY LANDMARK COMMUNITIES

BY CARRINGTON COMMUNITIES

6076 Schonsee Way NW 3 STATION POINTE BY BCM HOMES

3625 144 Ave NW 7 THE AVENUE AT HERMITAGE BY CARRINGTON COMMUNITIES

403 Belvedere Way

1188 Hyndman Road

4 NORTHSHORE

BY CARRINGTON COMMUNITIES

6076 Schonsee Way NW

8 AIR HARBOUR/ALTITUDE BY ROYAL WEST HOMES

175 McConachie Dr.

9 ELEMENTS CY BECKER BY ROHIT COMMUNITIES

118 Cy Becker Blvd. 10 ELEMENTS AT MCCONACHIE BY CARLISLE GROUP

167 Ave. & 53 Street 11 ELEMENTS AT HERMITAGE BY CARRINGTON COMMUNITIES

Hyndman Crescent 12 CASSELMAN LANDING BY ROHIT COMMUNITIES

#1, 5203 - 149 Ave.

NORTHEAST EDMONTON | Call Debbie 780.473.9143

elementsbycarrington.ca Please see our ad on the inside back cover

2 BDRM CONDOS FROM THE $180’S 1196 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 35

NORTHEAST

MODERN ADULT VILLAS

• Ceramic tile & hardwood • Gourmet kitchen with pantry • Full appliance package • Fireplace • Window coverings • Central vacuum • Deck & landscaping • Hardie board exterior finish • Maintenance free living

QUICK POSSESSION UNITS AVAILABLE

START 2015 IN A NEW HOME!

Call Nina for an appointment 780.266.6462 | 175 McConachie Drive

www.airharbour.ca ONLY 3 UNITS REMAINING

HURRY IN BEFORE THEY ARE GONE!

ASK ABOUT OUR GREAT PURCHASE INCENTIVE

DONATE TODAY. STOLLERYKIDS.CA With your support, the Stollery Children’s Hospital Foundation is able to provide life-saving equipment, research that paves the way for new treatments and cures, medical innovations and specialized training, so that every child has the chance to go home again.

Here’s what you can do to Recycle, Renew and Reuse • Keep your car in good working order. Tune-ups and filter changes cut down on exhaust emissions, and you’ll get better gas mileage. When you change your oil, take your used motor oil to a recycling centre. • Use available transit alternatives. • Separate your garbage. Glass, aluminum, paper and even plastic can be recycled. If a recycling program is not directly available to you, contact your municipal sanitation department. • Donate reusable clothing and linens to charity. Most pick-up regularly in your area. • Become environmentally active in your community. You can make the world a better place to live... now and for future generations.

Recycle girl(15/10)-ja/ah

36 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

G PRIN S E LAT ESSION S POS

5% Down and Pay Nothing More Until You Move In! That’s it. When you put 5% down on a brand new town home at Topaz, by Park Homes, you have nothing more to pay until you take possession. Topaz continues the success of our highly popular Signature Series of two and three bedroom townhomes: Elegant exteriors with charming window boxes; interiors designed for contemporary living; warm laminate flooring; gourmet kitchens with quartz countertops; elevated nine foot ceilings on the main floor – and every home has an attached double garage!

Prices starting from the $270’s incl. GST Pre-sale Centre and show homes can be Viewed at Mirra at Poplar Lake 70 – 8315, 180 Ave Telephone: 780.472.7544 Mon to Thurs: 3 – 8pm Weekend & Holidays: Noon – 5pm

topaz.parkhomes.ca follow us on

CRYSTALLINA NERA

and

NEW SHOW HOMES NOW OPEN

ASK ABOUT OUR IMMEDIATE POSSESSIONS

THE RADIANCE IN EAUX CLAIRES

ocated at the corner of 95th street and 160th avenue, Footprint Developments presents their exciting new condominium and townhome development in Eaux Claires. Ideally situated just off 97 street, the Radiance is the ultimate home choice for buyers who are looking for convenient, urban style living with an exceptional location. Residents of the Radiance will find themselves surrounded by an abundance of first-rate amenities, including supermarkets, banking, restaurants, schools, and much more. This charming northwest neighbourhood provides access to major roadways that are only minutes away, including the Anthony Henday, allowing for quick and easy commutes in and around the city. Offering two styles of homes to choose from, condos and townhomes, the Radiance development presents numerous home size and pricing options that are sure to suit an array of lifestyle needs. Each Radiance product offers buyers the added benefit of energy efficiency. Built Green, these homes were designed with the environment in mind and have been engineered to maximize efficiency and reduce waste. Each home features double pane windows, energy efficient appliances, low VOC paint, and several other environmental conscious features that add value and plenty of appeal to the property. The four storey condominium building features a modern exterior with brick accents and aluminum cladding. A heated underground

38 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

parkade provides homeowners with safe and secure parking, also ensuring vehicles are warm and snow-free throughout the winter season, while ample visitor parking offers guests convenient access to the main entrance. Spacious common areas, plus pressurized and air conditioned corridors, enhance the building’s comfort. A video security camera entrance system allows for a secure entrance into the Radiance condominiums, providing peace of mind for all residents. Suites range from 601 – 1,168 square feet and are available in one bedroom plus one bath and two bedroom plus two bath options. There are ten floor plans to choose from, including limited availability for a three bedroom plus two bath floor plan option. Each suite features an open

NORTHEAST

concept floor plan with upgraded laminate flooring throughout. A designer lighting package and quartz kitchen countertops compliment the modern design of the suites. Stainless steel appliances, three inch baseboards and Decora style light switches all increase the visual appeal within these beautiful homes. Plus, an in-suite laundry and storage area with stacking washer and dryer offers added convenience. Each home also features a covered balcony allowing homeowners to utilize their outdoor space throughout the year. Radiance townhomes offer spacious home living with the all the benefits and convenience of condo amenities. Perfect for consumers who are looking for multi-level living space, these two storey homes combine urban style and private living. Each three bedroom home offers an extensive list of features, including an oversized two-car garage with flex space, a large balcony with gas BBQ outlet, and beautifully finished exterior with stone accents. The front yards are also expertly landscaped and completed with trees and shrubs. The townhomes’ interiors have been designed with contemporary luxury in mind. Stylish lighting and 8 foot ceilings enhance the open concept style that is presented. An exceptionally spacious kitchen

PERFECT FOR CONSUMERS WHO ARE LOOKING FOR MULTI-LEVEL LIVING SPACE, THESE TWO-STOREY HOMES COMBINE URBAN STYLE AND PRIVATE LIVING features a wrap-around design with a decorative 6” high tile backsplash. Modern flat panel kitchen cabinets and a stainless steel double sink ensure you have plenty of space to cater to family and friends. Five black or white appliances are included with the home, with the option to upgrade to stainless steel. Each townhome has been designed to allow for the most effective use of space and with convenient home living in mind. All bedrooms and living areas feature TV and telephone outlets – ready for use right when the homeowner moves in. With over 67 years of residential and commercial development experience, the Footprint Developments Management team have the knowledge and expertise in creating exceptional apartment condominium, duplex, and townhomes that fit the needs of home buyers. Specializing in efficiently designed homes, Footprint developments provide home buyers with a quality product that features energy efficient technology and convenient designs. Phase one condos at the Radiance are sold out! Phase two is now over 60% sold with prices starting in the upper $100s. Townhomes are in high demand at the Radiance with townhomes in phase one of the development almost completely sold out! Sales are also strong in the second phase of the project and with townhome prices starting from the mid $200s this is definitely an opportunity you won’t want to miss out on! For more information or to learn more about the condominiums and townhomes at The Radiance visit their website at www.radiancecondos.ca or call Suzie at 780.940.1803. Visit the sales centre at 9505 160 Avenue NW, Monday to Thursday from 3 to 8pm. Saturday, Sunday, & Holidays from 12-5pm.

SELLING FAST!

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 39

Get involved with Sage! Sage is a non-profit seniorsâ€™ serving organization, offering a wide range of programs that enhance the quality of life for seniors in Greater Edmonton. Get involved with Sage! Take advantage of the many resources, programs and services. Explore a variety of volunteer opportunities. Consider supporting at-risk seniors by making a charitable donation. Sage has been serving seniors in your community for over 40 years.

Visit www.MySage.ca or call 780-423-5510!

HOMEBUYERS’ HELP

CHOOSING A NEW HOME BUILDER

Your development and design choices matter, but don’t forget about the team who will build it // BY LYDIA MCNUTT

THERE ARE MANY ADVANTAGES TO buying a new home.

There are no scratches on the floors, no wear and tear, no signs of life before you. Buying new means you get your home, your way – you choose the floor plan, the finishes and features. And possibly most importantly, you get to choose the home builder. Remember that a little research goes a long way. Selecting a location, development and design is important to your lifestyle and the value of your investment, but selecting the builder who will make it all happen is an equally important consideration. You might ask, how different can one builder be from the next? Think about all the different types of homes and condos out there, and therein lies your answer. Some focus on soaring skyscrapers, others are strictly lowrise; some have an eco-friendly agenda, others are about the luxury features. Take note of what you want, then do your research to determine what home builders can deliver your wish-list. Canada Mortgage and Housing Corp. offers these helpful tips to guide you in your search: ›› Do your research. Find out who is building in the areas you’re interested in, the types of homes offered, and the prices you can expect to pay. Ask around for names of reputable builders, or better yet, visit a completed community and speak with a resident who’s already been through the purchasing process. ›› Ask questions. How long has the builder been in business? What kind of experience do they have? How many communities do they build each year? This speaks to the builder’s expertise and reputation.

›› Make sure the builder belongs to an industry organization and has the licences and registrations required to operate in Alberta. Ask for references, and contact them to find out if past purchasers are satisfied with their homes and the service they received. ›› Once you have narrowed down your list, visit some presentation centres and show suites. Tour each one in detail, comparing what you liked and what you didn’t. Take your time, and if you feel you don’t know enough about construction to make an informed decision, bring someone with you who does. ›› Read through each builder’s website and their marketing materials to get a clearer picture of the company and what they have to offer. If possible, request a tour of a building site to see the team in action. ›› If you’re considering buying in a brand new development, take a tour of the community. If it hasn’t yet started to take shape, visit the municipal office and review the master plans. Is this is the type of community you can see yourself living in for years to come? ›› Bring a camera and take notes for future reference. A home is the biggest purchase you’ll make in your lifetime. While it can be easy to fall in love – and so tempting to buy on a whim – look before you leap. After all, you’re choosing the place you and your family will call “home” for the next five, 10, or perhaps many more years. It pays to do a little homework to ensure you’re buying the right home from the right builder. NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 41

FUNDAMENTALLY SPEAKING

// BY WAYNE KARL

THE ART of predicting home prices prices are determined when individuals agree on the value of a property. “Macro factors such as consumer confidence and employment levels move the tide, but supply and demand at a very local level is what determines the price a property trades at,” Soper says. Note the word “local.” We’ll come back to that. Canadian home prices have appreciated at about five per cent per year in recent decades. Today, with inflation so low, we should be experiencing appreciation levels below that level. Royal LePage’s quarterly House Price Survey (HPS) has tracked and reported on Canadian home values for 40 years. It feeds important economic models, such as the Royal Bank’s Affordability Index and the Bank of Canada’s housing reports. In the third quarter of 2014, the HPS showed the average Wayne Karl is an award-winning writer national selling price of detached two-storey homes appreciated 5.5 per cent. and editor with experience in real estate and business. In Fundamentally “This is greater than the underlying expansion of Canadian wages and Speaking, Wayne explores the basics of salaries, and somewhat above the real appreciation we have experienced over buying property. He can be reached at wayne.karl@wall2wallmedia.com the years (that five per cent number, adjusted for inflation). However, as a or follow him on Twitter at standalone data point, it is hardly reason to declare an emergency. And a Twitter.com/WayneKarl 30-per-cent decline in home prices (a la Poloz) would be tantamount to a national economic crisis.” hen Bank of Canada What should we make of the BoC’s statement? “First, there’s a difference Governor Stephen Poloz between a ‘valuation’ and the price a home will actually sell for. The HPS warned in December that shows that a standard two-storey home in Vancouver’s west end will sell for Canadian house prices could be approximately nine times that of a similar home in Moncton. Teachers and overvalued by as much as 30 per cent, engineers do not earn nine times as much in B.C. as in New Brunswick, but he raised more than a few eyebrows. market demand yields this wide home price differential.” Mortgage expert Calum Ross was Second, homeowners and buyers should remember that real estate is local. among those who cocked his head, You don’t buy a national market, or even a provincial or municipal one. saying the Bank was no more “While still more expensive than Moncton real estate, a similar two-storey qualified to comment on the specifics home can be purchased in the Greater Vancouver Area’s southern suburbs for of housing markets “than the one quarter the cost of a west-end property,” says Soper. Canadian Real Estate Association is However, he adds, it is worth noting that the Bank is worried about the qualified to comment on monetary economy, has relatively few tools at its disposal, and for the most part must policy.” Even Canada Mortgage and use persuasive argument to sway financial behavior. Housing Corp. chief economist Bob Though subprime mortgages have never been an important form of Dugan, a few weeks earlier, said the lending in Canada, years of persistently low interest rates have encouraged federal housing agency didn’t see some lenders to finance “risky” clients. Thus, the BoC’s concerns. overheating as a problem in any of “The Bank of Canada needs to raise red flags when more homebuyers the markets across Canada. Now you engage in risky behavior,” says Soper. “The vast majority of Canadian can count Phil Soper, president and homeowners, however, have safe, traditional mortgage financing in place.” CEO of major Canadian realty firm As the North American economy strengthens, more people are working Royal LePage, among those who has and earning higher incomes. a different view. “Will the rate at which major city house prices are rising slow? Of course. “Forecasting home prices is a Will prices collapse? That is highly unlikely.” coarse process; some might even And as Ross points out, “there are two times that real estate values matter refer to it as more art than science,” – when you buy and when you sell. What happens in between is no more Soper told New Condo Guide. House relevant than the total cash you have in the middle of a game of Monopoly.”

42 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

DowntownEdmonton 118 Ave. 112 Ave.

9 Jasper Ave. 100 Ave.

106 St.

Victoria Park Rd. Rive r Va lley Rd

3 97 Ave.

82 St.

St. 92

2 1 6 5

102 Ave.

n wla Ro

100 St.

104 Ave.

yA ve .

105 St.

116 St.

107 Ave.

4 8

109 St.

127 St.

142 St.

144 St.

KINNARD RAVINE

95 S

104 Ave.

Kin

. 97 St

124 St.

111 Ave.

101 St.

111 Ave.

LOW LEVEL BRIDGE JAMES McDONALD BRIDGE

DAWSON BRIDGE

Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE

MAP LISTINGS

1 THE ULTIMA

North Saskatchewan River

6 ENCORE

11 QUEST

BY WESTRICH PACIFIC

BY REGENCY DEVELOPMENTS

10244 - 103rd Street

103 St. & 102 Ave.

Corner of 104 Ave. & 105 St.

2 THE FOX

7 JASPER HOUSE

BY LANGHAM DEVELOPMENTS

BY LAMB DEVELOPMENT CORP

104 Street & 102 Avenue

Jasper Ave. & 106 Street

3 SYMPHONY BY ROCKWOOD PROPERTY MANAGEMENT

9704 - 106 St. 4 VIBE BY CARRINGTON COMMUNITIES

West of 116 Street & South of 107 Avenue 5 ICON BY LANGHAM DEVELOPMENTS

Jasper Ave., North of 104 St.

12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS

8 STUDIO ED Corner of 116 Street & 106 Avenue

10523 - 123 St. 13 GROVENOR MANOR BY PELHAM MASTER BUILDER

9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS

111 St. & Jasper Ave.

10126 – 144 Street 14 INFINITI ON 105 BY MCLEOD PROJECT MARKETING

10 PEARL BY REGENCY DEVELOPMENTS

105 Street, west of 117 Ave.

Jasper Avenue & 119 Street.

DOWNTOWN EDMONTON | Call Riley 780.705.1350

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 18 and 19

CONDOS FROM $165,900 10604 – 116 Street NW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 43

Edmonton’s best downtown location At 33 stories, Fox Two occupies the centre of Edmonton’s most sought-after downtown neighbourhood — the 104 Street Promenade. Situated on the corner of 102 Avenue and 104 Street, it is the last major tower to be built on this popular street. Fox Two is the final and taller phase of Langham Developments’ Fox Towers project. The first phase — Fox One — is currently under construction and almost sold out. Edmonton’s 104 Street Promenade was one of 4 finalists on the 2013 list of Great Streets in Canada, and is home to eclectic shops, restaurants and a summertime street-wide farmers’ market. Boasting a walk score of 98/100*, residents also enjoy unparalleled walkable and LRT access to the best of Edmonton, including the highly anticipated downtown arena. Another Langham development, Icon Towers completed in 2010, was instrumental in hastening the rejuvenation of this popular neighbourhood, and the Fox Towers project will further cement its popularity.

*www.walkscore.com 44

Architectural excellence This striking 33-storey tower embodies superior design and quality in every respect. From the expansive glass feature wall commanding spectacular views of the city and river valley, to the bold and colourful suite interiors that reflect today’s most popular trends — Fox Two is modern architectural elegance personified.

Construction has now started on Fox Two

Visit our Sales Centre on-site at the northwest corner of 102 Ave. and 104 St.

www.foxtowers.ca | 780.425.0369

Stylish, well-conceived interiors Our dedicated team of designers were charged with creating the most efficient floor plans possible for every suite type in Fox Two. Every fixture, every fabric, every finish was selected to reflect today’s most popular trends and ensure timeless quality, beauty and longevity. From architectural nuances like quartz kitchen countertops paired with sleek and colourful high-gloss kitchen cabinets, to creature comforts like heated parking stalls (at least 1 per unit), Fox Two is a testament to comfortable highrise living. Choose from a total of 169 units in 1-3 bedroom configurations from 640 to 2,400 square feet.

The latest project from Langham Developments Since 2001, Langham has been creating exceptional developments — each imbued with the same unwavering mandate: to deliver strong unrivaled architecture, uncompromised in quality. Langham is among Edmonton’s most experienced and reputable high rise builders, having completed 3 outstanding downtown towers to date: Icon 1, Icon 2 and Omega.

PROJECT PROFILE

VIBE CONDOS A great vibe

magine being able to customize and transform a condominium home in a way that has never been offered before. Imagine condos that are compact, well edited, and designed to be highly efficient living spaces infused with the latest in innovation and design – transformable, customizable and adaptable, with a multitude of floor plans to take open-concept living to an entirely new level. This is the concept and vision that Carrington Communities, recipient of the 2014 multi-family builder of the year, is bringing to downtown Edmonton with Vibe, a condominium community located just west of the downtown core in the up-and-coming area just northwest of Grant MacEwan University. At Vibe, homeowners can create their own space, first by choosing from one of 17 floor plans

– ranging from the 377-sq.-ft. Calm studio to the 974-sq.-ft. two-bedroom Playful model. Designed with the urbanite in mind, Vibe Condos caters to individual lifestyles with options to suit. Choose a lifestyle module such as the Artisan, Fashionista, Intellectual or Athlete to customize your suite with sport racks, a wine fridge, built-in desk, extra closet space and much more. Additionally, you can select from an array of a-la-carte built-ins, creating a custom space that is uniquely yours. With sliding glass panels to open and transform the space, and extendable kitchen islands available in most suites, there are endless possibilities to find your perfect Vibe. Whether you are hosting a dinner party or enjoying peace and quiet, these flexible condos will rise to meet every occasion. “This type of building is popular in many big cities,” says Riley Lagaden, project sales manager for Vibe. “Edmonton is growing fast, and people are ready for Vibe. It’s been really well-received so far.” The four lifestyle modules really make Vibe Condos unique to the Edmonton market. The Fashionista module is the ultimate storage solution for anyone with a collection of designer clothes, shoes and purses. The Athlete module is equipped with a built-in bike or gear NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 47

PROJECT PROFILE

rack, and spacious lockers to store various equipment. The Artisan module features an extended kitchen with plenty of room to prepare meals, store appliances and chill wine in the wine cooler. The Intellectual module features a built-in desk, tech centre, white board and overhead storage to tuck away office supplies. Of course, there are similarities between all 176 suites, including 10-ft. ceilings in common areas, wide baseboards, modern detailing, in-suite laundry, hard surface flooring, energy efficient appliances, open floor plans and large balconies. The amenity spaces also challenge the status quo and rival the likes of all-inclusive resorts. Imagine having 24-hour access to a state-of-the-art fitness centre, or being able to host jam sessions without disturbing your neighbours. From cyber cafes to rooftop garden plots, these common areas redefine condo living. Simply put, the building’s amenities are unparalleled. There is a two-storey gym with yoga loft, a Sky Garden with garden plots for residents to flex their green thumb, a social room called The Factory that is inspired by Andy Warhol’s Factory (equipped with a gaming and media centre, stylish seating, kitchen and wet bar), an Internet café, and a workshop and in the underground heated parkade. Vibe is in an excellent location – one that you’ll

never need to leave, thanks to all the amenities on site. Vibe is close to every sort of amenity and business/professional services you could dream of including NAIT, Grant MacEwan University, art galleries, coffee shops, trendy markets and businesses on 104 Street. The LRT is right around the corner, making it easy to commute anywhere in the city. Vibe Condos are now preselling, but thanks to the “one size doesn’t fit all” philosophy, these condos are going to go fast. To learn more about Vibe, head down to the Vibe presentation gallery at 10620 - 116 St. NW or call 780.705.1350. Want to preview and build your own Vibe online? Visit vibecondos.com or search for Carrington Communities (carrington.ca) on Facebook, Twitter, Pinterest, Instagram, YouTube and Houzz.

48 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

Grov

ing

DOWNTOWN

0’s

t 27 soon! r a St the nding

w price e o l be ory uct

rod Int

G ROVENOR M A N O R Cut From A DiFFerent Cloth As unique as the historic community it resides in, Grovenor Manor has been designed by one of Edmonton’s

CONSTRUCTION UNDERWAY!

top Architects to provide you the ultimate combination

Fall 2015 Possession

30 % SOLD

of comfort, quality of living, privacy and style. • Spacious 1 & 2 bedroom suites • 9 foot ceilings • Street - level entrances & private terraces • Secured underground parking & convenient visitor parking

• Minutes from downtown • Close to the river valley • Traveler’s Home Warranty • BUILT GREEN® Silver Certified construction

Visit Our Sales Centre 10126 -144 Street Monday -Thursday 3-7 pm Saturday, Sunday, Holidays 12-5 pm Closed Fridays To book an appointment call:

Highest quality in home building!

780.982.2109

www.grovenormanor.com

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 49

Grovenor_FullPg_CondoAd_Fall2015.indd 1

2014-12-12 1:00 PM

DOWNTOWN

Jasper Club Terrace and Pool

OUR SALES CENTRE + MODEL SUITE ARE NOW OPEN!

253,900

102 AVE NW

Renderings are an artistâ€™s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

104 ST. NW

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109 ST. NW

JASPER AVE NW

symphony

TOWER

+ !

9704 - 106 STREET

(780)701-0058

IN THE NEWS

Luxury homes sales

SEE DOUBLE-DIGIT INCREASES // BY LYDIA MCNUTT

LUXURY HOMES ARE SELLING FASTER THAN YOU CAN SAY “FOR SALE,” ACCORDING TO SOTHEBY’S INTERNATIONAL REALTY CANADA‘S LATEST TOP-TIER REAL ESTATE REPORT.

That upward trend is expected to continue well into 2015, with historically low mortgage lending rates, a solid Canadian economy and an ongoing flow of immigration, migration and foreign investment into Canada’s major markets – particularly Vancouver, Calgary, the Greater Toronto Area and Montreal. The report released today examined properties sold in the $1-million-plus range in 2014, analyzing sales volume, the number of days on market, and the percentage of homes that sold over asking price. The findings reveal double-digit gains in the sale of luxury homes. The GTA led the pack with a 38-per-cent increase over 2013 – head and shoulders above Canada’s priciest market of Vancouver, which saw gains of 25 per cent, and Montreal’s 21 per cent. Calgary’s more modest increase of 16 per cent is attributed to fluctuations in the oil market, which introduced uncertainty to the luxury market. 52 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

With demand up and inventory down, luxury homes favored sellers in 2014, showing a drop in days on market and a rise in the number of homes sold over asking price in the GTA and Vancouver. The steady rise in the benchmark price of a typical, detached single-family home (now well beyond the $1 million mark in what are considered “conventional” neighbourhoods) has propelled the price of luxury homes upward in these cities as well. According to Sotheby’s International Realty Canada president and CEO Ross McCredie, “2014 was another benchmark year for high-end real estate in Canada, as demand continued to be fueled by historically low lending rates, a strong economy and steady immigration and migration into Canada’s major cities. We expect the market to remain strong in the GTA and Vancouver well into 2015, and for demand to outweigh available inventory, especially when it comes to detached singlefamily homes. The outlook for Montreal and Calgary is positive, but more conservative – both cities are heading into the year positioned to maintain balance.”

SouthCentralEdmonton North Saskatchewan River

84 St.

75 St.

Co nn or s 7 Rd.

90 Ave. 83 St.

103 St.

104 St.

nD ewa atch k s a S

95 Ave.

85 St.

9 r.

92 St.

105 ST BRIDGE

101 Ave. 98 Ave.

Scona Rd.

Sas kat che wa nD 2 r. 87 Ave.

FOOT BRIDGE

JAMES McDONALD BRIDGE

99 St.

109 ST BRIDGE

114 St.

Groat Rd .

GROAT BRIDGE

79 St.

106 Ave.

DAWSON BRIDGE LOW LEVEL BRIDGE

Whyte - 82 Ave.8 76 Ave.

CAPILANO BRIDGE

4 51 Ave.

MAP LISTINGS

1 MILL CREEK PARK BY PARKWOOD MASTER BUILDER

8515 - 99 Street 2 BENTLEY IN WINDSOR PARK BY YORKTON GROUP INT’L

11710 - 87 Ave. 3 URBAN VILLAGE ON WHYTE BY CARRINGTON COMMUNITIES

7805-71 St.

4 THE UNIVERSITY BROWNSTONES BY TESSCO

108 St. & 71 Ave. 5 LUMIERE BY INFINITI DEVELOPMENTS

10836-85 Ave. 6 THE ADDISON BY PK DEVELOPMENTS

10024-83 Ave. 7 Le Quartier Condos BY INFINITI DEVELOPMENTS

8627-91 St

8 STUDIO OFF WHYTE BY I4 PROPERTY GROUP

104th St & 81st Ave 9 STUDIO ON THE HILL BY I4 PROPERTY GROUP

9859 – 90th Ave 10 CASCADE CONDOS 9008 85 Avenue

MONEY MATTERS

// BY GAIL VAZ-OXLADE

How to BAD CREDIT fix a SCORE

Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever, and she blogs daily at gailvazoxlade.com. Follow Gail on Twitter at Twitter.com/GailVazOxlade

t university, Dixie was a little slow paying her cell phone bill. While her service was never discontinued, she did carry a balance from month to month that she cleared at the end of each school year. Last year, when Dixie applied for a car loan, she was turned down because of her less-than-perfect repayment history. She’s worried about the future and how her past borrowing mistakes will haunt her when it comes time to buy a home. Sound familiar? If you see yourself reflected in Dixie’s story, no doubt by now you know you’re not the only person in this particular leaky boat. Unfortunately, many people have no experience managing credit and make mistake after mistake:

» they make their payments late » they go over their credit limits » they have a b’zillion credit cards in their wallets » they miss making their payments, or worse » they stop making payments completely when they feel there’s no end to their misery. If you’ve fallen behind and your credit record has become tarnished, where should you go from here? First, you’ve got to get yourself some credit again so that you can demonstrate what a good job you can do managing it. The only way to establish a credit history is to use and repay credit. There are a number of ways to go about rebuilding your credit history. Start by taking out a loan to make an investment (another good reason to start a retirement savings plan). Make your monthly payments on time and build a shiny new credit history. Since the institution that’s giving you the loan will also be holding the retirement savings, the credit procedure is far less stringent than it normally would be. You can also ask a co-signer or guarantor to help you get a small loan of, say, $1,000, which you would then pay off over three months. It would cost you in interest, but you would be back on track credit-wise. Don’t want to incur the interest costs? Apply for a “secured” credit card. With a secured credit card, you put up cash to cover your balance. Lenders often want twice the credit card limit, so if you want a $500 credit limit, you’ll have to ante up $1,000. Once you’ve established your ability to manage the card — anywhere from six months to a year — you can ask for the security requirement to be dropped and your deposit returned. Thinking of hiring a credit-repair company? Don’t bother. Credit repair companies can’t do anything you can’t do yourself. A credit bureau will not remove accurate negative information from your credit report before the legal time period has expired, so don’t get suckered by anyone who claims they can mop up your credit disasters faster. There are no “loopholes.” The only way to fix a poor credit rating is to be smart about how you use credit. Learn from your mistakes and move on.

54 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

SOUTHCENTRAL

THE UNIVERSITY

BROWNSTONES F

ollowing the great success of Phase One of The University Brownstones, we are proud to announce the second phase of their multi-family development. Built on the foundations of quality, value and innovative design these 72 spectacular units are a welcome addition to this in-demand address. With a prime location in a charming mature neighbourhood, The University Brownstones is a unique project surrounded by character homes, and all the amenities of an established community. Situated at 108 Street and 72 Avenue, residents will be conveniently located just steps from the Garneau, the University of Alberta, and the Whyte Avenue shopping and entertainment district - all • Excellent location, close to within walking distance! Just U of A and Whyte Ave. a few minutes • Spacious designs with 9 away is the scefoot sprinklered ceilings nic river valley, where outdoor • Upgraded appliance packenthusiasts can age and soundproofing enjoy plenty of activities. Plus, • Beautiful central courtyard getting to the and glass elevators downtown core is hassle free • Underground heated parkwith just a quick ing and 24 hour video LRT ride. Making monitored security your next home at The University • Backed by New Home Brownstones is Warranty easy as only a 5% down payment is required. With this type of opportunity, buyers are encouraged to act now to ensure their home style preference is available. The design of The University Brownstones is as distinctive as the neighbourhood it is located in. Glass elevators with vestibules and covered, open pedways that link all parts of the development add to the unique European look and feel. The stylish pedways also create private, separate entrances to each suite, allowing for more windows since suites back onto the open pedways rather than a

closed in hallway. Adding to the bright and airy environment is the wonderful feature of a central courtyard. The University Brownstones, will have the same quality and design as found in its many other sought-after developments, but with more of an Old World flair. At The University Brownstones, buyers will discover spacious suites that range from 745 to 1,600 square feet and present an array of floor plans to suit a wide variety of tastes and lifestyles including one bedroom, one bedroom plus den, two bedrooms and even a couple of three bedroom suites. The den in the one bedroom suite option is designed so that it can easily be used as a second bedroom. Inside each suite, buyers will appreciate the open great room plans, 9-ft. ceilings, huge floor-to-ceiling windows, kitchens with islands and raised eating bars. The selection of finishing packages and superior soundproofing are part of The University Brownstones. Each unit is self contained, with a separate furnace, hot water on demand and telephone and cable access in almost every room. We skip the expensive amenities that are seldom used and instead puts the money saved into state of the art soundproofing – ultimately allowing condo fees to remain low. And, your surroundings are always secure, with 24-hour video monitoring in the parkade. The University Brownstones is an impressive development that combines the coveted features of a mature, culture rich area with beautiful and visually interesting architectural design. With Phase I sold out, and the highly anticipated pre-sale now underway, you will not want to miss out on the exciting opportunity! Be sure to ask about our Free $10,000 upgrade package package. that is available for only pre-sale $1 5,000 upgrade the first pre-sales. For25 more information visit the Phase One Show Suite at 10808 Avenue Thursday 4-6:30pm or anytime For71 more information visitfrom the Phase One Show Suite atby 10808 appointment. Call Troy Stenson at ReMax River City 780.439.7000 71 Avenue, open Monday to Thursday, 4-7 pm, weekends 1-5 pm or call Troy Stenson at Re/Max River City, 780-439-7000

COVERED with CARE www.blanketltd.ca

www.edmontoncondo.com

Visit us online for priority registration on Phase 2 and view our new upgraded construction specs 56 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

PHASE II 65% SOLD OUT! 15 PREMIUM SUITES REMAIN 2 BED/2 BATH UNITS STARTING AT $279,900 ASK ABOUT OUR FREE $15,000 UPGRADE PACKAGE

POSSESSION FALL 2014

PHASE 2 CONSTRUCTION NOW UNDERWAY

THURSDAY 4-6:30PM OR BY APPOINTMENT ANYTIME

MARKETPLACE

TRENDWATCH

2015

This season’s hottest trends are a real mash-up! You can see influences of the ’70s, Scandinavian style and mid-century modern mixed with tons of pattern. It’s an interesting time in design! Here are 11 pieces currently on our wish list. // BY SARA DUCK

4 3 1 Kate Spade Saturday Floral Print Anders Chair. $719. Visit westelm.com 2 SMEG Mixer in Pastel Blue. $550. Visit westelm.com 3 Underline Dinnerware. $5-$7. Visit cb2.com 4 Oslo Five-Piece Cutlery Set in Black. $75. Visit chapters.indigo.ca 58 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

7 8

10 11

5 Eve Pendant. $249. Visit crateandbarrel.ca 6 Sillerup Rug in Black and White. $149. Visit ikea.ca 7 Graciosa Drum Accent Table in Brown. $170. Visit pier1.ca 8 Canyon Vase. $60. Visit cb2.com 9 Silk Bauble Pillow in Forest. $69. Visit chapters.indigo.ca 10 Double-Sided Throw in Celery. $49. Visit chapters.indigo.ca 11 Paradigm Dining Table. $999. Visit cb2.com

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 59

MORTGAGE ADVICE

// BY ALYSSA RICHARD

WHY YOU SHOULD PAY ATTENTION TO THE BANK OF CANADA

E Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

very six weeks, you may notice news headlines along the lines of “Bank of Canada holds key interest rate at one per cent.” At least, this is what they’ve been screaming since September 2010. Well, the Bank recently shocked everyone by dropping its rate to 0.75 per cent. Related reading includes how the economy has shaped the central bank’s decision to change (or not change) the rate, and how the monetary policy has been updated. It’s a lot of information packed into one article, so don’t feel bad if some of it goes over your head at first. However, if you have a mortgage – particularly a variable-rate mortgage – you may want to add a calendar reminder for each of these announcements. Why? Well, because if the overnight lending rate goes up, so could your monthly mortgage payment. To explain how this works, let’s start with some background information. The overnight lending rate is the interest rate at which banks borrow and lend money to one another, to cover the transactions they make each day. Changes to this interest rate can directly result in changes to other interest rates, such as for consumer loans and, you guessed it – mortgages! This is because each bank’s prime rate is attached to the overnight lending rate. So, as an example, if the overnight lending rate goes up by 0.50 per cent, your bank’s prime rate will also go up by 0.50 per cent. And if you have a variable-rate mortgage, which is attached to prime rate, your mortgage rate and payment will follow suit.

If you have a mortgage – particularly a variable-rate mortgage – you may want to add a calendar reminder for each of these announcements. If the overnight lending rate goes up, so could your mortgage payment. Let’s assume you bought a home for $400,000, put down 10 per cent and amortized your mortgage loan over 25 years. If your bank gave you a five-year variable-rate mortgage of prime minus 0.50 per cent (say, at 2.50 per cent), your monthly mortgage payment would be $1,651. If, at any time during that five-year term, the overnight lending rate went up by one per cent, your bank’s prime rate – and therefore your mortgage rate – would also go up by one per cent (so you’d be up to 3.50 per cent). At that rate, your monthly mortgage payment would be $1,841, which is an additional $190 per month or $2,280 per year you’d need to find in your budget to pay for. Before this latest BoC rate announcement, the overnight lending rate sat at one per cent for four years straight. Economists don’t predict any major upwars movement in the near future, so you may not need to worry about this for a while. However, its a good idea pay attention to what the Bank of Canada says in its announcements, and prepare your budget for what’s to come. 60 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

SherwoodPark Hwy. 16

1y a sW de

ws eado ale M d k r Cla 8 . d Blvd rlton erwoo Cha Way Summ

Lakeland Dr.

ver Bar Rd. Clo

Pa lisa

Jim Commo nD r.

Baseline Rd.

Beauvista Dr.

Wye Rd.

Sherwood Park Fwy.

Wye Rd.

Range Rd. 232

MAP LISTINGS

Range Rd. 233

21 d Blv

TO EDMONTON

Brentwood Blvd.

ood Dr. Sherw

Grana d

14X

Sherwood Dr.

Broadmoor Blvd.

2 9 3

1 PRINCETON COURT BY GRANDE DESIGN 301 Palisades Way

6 ELEMENTS ASPEN TRAILS BY ROHIT COMMUNITIES 100 Axbridge Gate

2 C REEKSIDE VILLAGE IN SUMMERWOOD BY QUALICO LIVING Summerwood Blvd. off Clover Bar Rd.

7 ESTATES AT SUNVIEW LANE BY QUALICO LIVING 5300 Sunview Lane

3 E LEMENT LOFTS & FLATS BY QUALICO LIVING 41 Summerwood Blvd. 4 LAKELAND RIDGE

BY LANDMARK COMMUNITIES

219 Charlotte Way

8 ETON PARK VILLAS

BY CHRISTENSON COMMUNITIES

Emerald Hills Aspen Trail & Eton Blvd.

9 ASPEN TRAILS

BY ABBEY LANE HOMES

Axbridge Gate off of Lakeland Dr.

5 CENTRE IN THE PARK

BY CHRISTENSON COMMUNITIES

2021 Sherwood Dr.

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 61

HOME SWEET HOME

Curing that case of

// BY LYDIA MCNUTT

BUYER’S REMORSE

Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets

When it comes to buying a home, feeling a little anxious and questioning whether you’ve made the right decision is normal. Having just bought a new house, I remember that feeling well. My husband and I were swept up in a whirlwind of excitement, anxiety and stress bordering on distress. First of all, our new home was more expensive. Second, it was further away. Third, it was in a new community. (Well, not new new, but new to us.) While we were well aware of these factors when we bought the house – and we still consider it worth the trade-off – we couldn’t help those pangs of fear. So, how can you cure that case of “I wish I never...” and “What if...”? Here are three ways to stop buyer’s remorse dead in its tracks: STOP LOOKING. You’ve had your eyes glued to the real estate listings for months. Now that you’ve purchased a home, it’s tough to go cold turkey. Trust me – if you keep looking, you’ll find something in a more convenient location, or at a cheaper price, or better in some way. Why are you torturing yourself? If you were happy with your decision to buy when you made it, then stop shopping for the bigger, better deal. STOP LISTENING. You’ve made your buying decision based on your needs and

here are many questions that will run through your head in the weeks leading up to closing on your new home. Did I choose the right location? Did I pay too much? Should I have waited out this hot market? We’ve all heard of buyer’s remorse. Maybe it’s that canary yellow convertible that caught your eye at the dealership when you were there only to get an oil change. Maybe it’s that Florida timeshare that tempted you in the dead of winter. Maybe it’s, dare I say it, the home you just purchased.

wants. You were confident with your purchase... until Uncle Joe tsk-tsked and dug up that newspaper article he’s been saving for you about a drop in house prices in the coming months. Does anyone really know for certain what will happen in the future? By sitting on the fence and waiting for “perfect market conditions,” you could miss out on some really great opportunities. Don’t be overcome by analysis paralysis. If the timing is right for you, go for it.

STOP WORRYING. You’ve done your homework, haven’t you? You’ve scoped out

a variety of locations with a close look at the amenities, home types and their prices. You’ve set a budget. You’ve been pre-approved at a great mortgage interest rate and terms. You’ve saved a down payment and closing costs are covered. You’ve got your team of professionals: realtor, home inspector, lawyer. What more could you have done? Buying a new home – especially for the first time – is certainly stressful, but ask yourself if your fears are founded on facts, or just a common case of cold feet? If you’ve done your research, then it’s most likely the latter and you’ll get over it. Nothing will ruin your home-buying happiness like having it engulfed in a wave of irrational fear. In your home purchase, as in life, regret nothing and enjoy every moment.

62 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

7 Min. to Edmonton

Beaumont 1

Coloniale Way

Rue Montalet

44 St.

50 St.

57 St.

55 Ave. 52 Ave.

50 Ave. 2

43 Ave.

60 St.

30 Ave. Hwy 625

MAP LISTINGS

1 COVENTRY HOMES 50 Ave. & 57 St.

(Nisku Rd.)

2 GOUDREAU HEIGHTS BY CHRISTENSON COMMUNITIES

3 MONTROSE ESTATES BY SABA HOMES

3311 – 67 Street

4900 - 62 St.

WELCOME TO BEAUMONT Come visit us and discover why “Life Is Better In Beaumont” POPULATION Approximately 8,361 LOCATED 2 miles South of Edmonton on 50 Street SCHOOLS 5 Schools from Kindergarten to Grade 12, French Immersion offered in all GROCERY Sobey’s & Extra Foods

RECREATIONAL FACILITIES Beaumont Regional Activities Centre and numerous outdoor facilities MEDICAL FACILITIES 10 minutes to Grey Nuns Hospital, seved by Edmonton Ambulance PARKS & PATHWAYS Approximately 170 acres of parkland and 6 kilometers of inter-connected walkways

For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 63

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think ﬁnding a home is a lot more than simply ﬁnding the right property. That’s why we put you right in the middle of the search process.

Search your favorite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

lvd .

50 Ave.

48 St.

50 St.

Grant MacEwan Blvd.

High way 2

rt B Bridgepo

Telford Lake

Black Gold Dr. Black Gold Dr.

Dr. Park South

St. 50

s fo

Leduc

Hig hw ay

Rollyview Rd. 2A

Dr. Southfork 5

Simpkins Wynd

MAP LISTINGS

3 ROYAL WEST HOMES 81 Acacia Circle

1 WINDROSE BY LANDMARK COMMUNITIES

61 Windrose Drive

4 SUNTREE POINTE

2 THE SPRINGS AT BRIDGEPORT

BY DAYTONA HOMES MASTER BUILDER

133 -142 Selkirk Place

BY CHRISTENSON COMMUNITIES

5 THE RUSHES OF SOUTHFORK BY HUNTER RESIDENTIAL DEVELOPMENTS

401 Southfork Drive 6 SOUTHFORK STREET TOWNS BY HOMES BY AVI

419 Simpkins Wynd

102 Bridgeport Crossing

WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion. A great place to call home! POPULATION 15,000 and growing “Small city” living within minutes of “Big city” amenities LOCATED 20 kilometers south of Edmonton on Hwy. 2 SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems GROCERY Variety of shopping

RECREATIONAL FACILITIES Black Gold Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library MEDICAL FACILITIES Full Service Community Hospital and Full Ambulance service PARKS & PATHWAYS 27 parks including Telford Lake, Fred John’s Park & Lions campground

For more information contact The City of Leduc (780) 980-7177

Affordability

THE

ADVANTAGE!

by HUNTER RESIDENTIAL DEVELOPMENTS

Remarkable New 2 bedroom, 2.5 bathrooms townhomes from the mid $200’s

To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL kit@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 65

HOMEBUYERS’ HELP

Three things to watch in

CANADIAN REAL ESTATE IN 2015 // BY WAYNE KARL

BY ALL ACCOUNTS, 2014 WAS A GOOD YEAR IN CANADIAN REAL ESTATE – and in some areas a great year. Here are

five things to watch in Canadian real estate in 2015.

‘OVERHEATING’ IN THE HOUSING MARKET

Bank of Canada Governor Stephen Poloz spooked many Canadians in December when, in releasing the Bank’s semi-annual Financial System Review, he said that home prices could be overvalued by as much as 30 per cent. Only weeks before, the chief economist for Canada Mortgage and Housing Corp. reassured Canadians that overheating wasn’t a serious concern. “The housing market does have a fairly bright outlook,” Bob Dugan said. “We don’t see overheating as being a problem in any of the markets across Canada,” he said. “Some markets are stronger than others, particularly in western Canada.” We also sought insight and reaction from a leading mortgage broker, Calum Ross. “Respectfully, the Bank of Canada is no more qualified to talk about the specifics of the housing markets than the Canadian Real Estate Association is qualified to comment on monetary policy,” he said. “Saying there is a Canadian housing market is not that dissimilar from saying there is a Canadian temperature – the term itself is irrelevant.” MORTGAGE RATES

In its most recent interest rate announcement, the Bank of Canada once again held its influential overnight target rate at one per cent – where it has sat since September 2010. Most economists don’t expect any notable rate increase in 2015, including BMO’s chief economist Douglas Porter. But if rates do begin to inch up, the impact will be interesting to watch. “The chances of a two percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter said. “We do believe that at long last rates will begin to creep higher, but we are only looking at a quarter-point hike by the Bank of Canada.” Calgary, Toronto and Vancouver – which have seen significant price gains in the last few years – are among the markets most vulnerable, he says. 66 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

OIL AND GAS

Canadians are loving the cheap gas at the pumps these days – freeing up coin for us to spend on other consumer goods – but falling oil prices could cause a farther reaching economic shake-up. Is it a short-term blip or a more prolonged development that could lead to dramatic change? TD Economics, for one, forecasts downgrades in economic growth in the oil-rich economies of Alberta, Newfoundland and Labrador, and Saskatchewan. In its latest Provincial Economic Forecast in December, TD said real GDP growth in Alberta is expected to fall from its recent trend rate of more than four per cent to 2.3 per cent in 2015-16. Accordingly, after topping the 2014 growth charts by a wide margin, Alberta is expected to trail Ontario (2.5 per cent) and BC (2.4 per cent), where activity is expected to gain a step relative to 2014. A prolonged oil and gas slump could also affect the real estate markets in Alberta – but experts say any slowdown will only bring the province more in line with growth in the rest of Canada.

SouthEastEdmonton North Saskatchewan River

106 Ave.

101 Ave.

BASELINE RD.

98 Ave.

90 Ave.

50 St.

d. rR pe Ro

86 St.

63 Ave.

75 St.

. Rd yll Arg

34 St.

83 St.

99 St.

76 Ave.

ood Park Fwy. Sherw

17 St.

Whyte - 82 Ave.

Whitemud Fwy.

51 Ave.

38 Av e.

39 Ave.

34 Ave.

Millwoods Rd.

91 St. Calgary Trail North QE II

4 1 23 Ave. Anthony Henday Dr. 216

9 6 10 12 11

91 St.

66 St.

Parsons Rd.

50 St.

101 St.

MAP LISTINGS

30 St.

43 Ave.

Ellerslie Rd.

41 Ave.

1 CHARLESWORTH BY LANDMARK COMMUNITIES

5503 - 3 Ave. SW

7 URBAN VILLAGE ON WHYTE BY CARRINGTON COMMUNITIES

2 SOUTHWINDS

7805-71 Street

BY CARRINGTON COMMUNITIES

6084 - Stanton Dr. SW 3 WALKER LAKE LANDING BY CARLISLE DEVELOPMENTS

Corner of Welsh Dr. & Watt Blvd SE

8 ASPEN MEADOWS BY LANDMARK URBAN LIVING

43A Ave. & 23 St. 9 SOUTHERN SPRINGS BY PARK HOMES

4 TAMARACK BY LANDMARK COMMUNITIES

655 Tamarack Rd.

655 Watt Blvd. 10 THE EDGE IN ELLERSLIE

5 MAPLE WAY GARDENS Off of Maple Road & 8 Street

BY DAYTONA HOMES #44, 6520-2 Avenue SW

11 ELEMENTS AT WILLOWHAVEN

6 AURORA BY MELCOR HOMES 1090 & 1092 Watt Promenade SW

BY CARRINGTON COMMUNITIES 56 Street & 7 Avenue

12 REVV BY INFINITY HOMES 1480 Watt Drive

SOUTHEAST EDMONTON | Call Naveshni 587.521.1444

elementsbycarrington.ca Please see our ad on the inside back cover

CONDOS FROM THE $160’S 5521 – 7TH AVENUE SW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 67

MAKE YOUR MOVE

// BY CHUCK RESNICK

MOVING ETIQUETTE:

Pack your manners

ven at the best of times, moving day can be stressful for everyone involved. Whether you are moving into or out of a condominium, lowrise home or a commercial property, a move involves trucks, boxes, packing materials, workers and a certain amount of organized chaos. As with any major event, preparation is key. There are certain things to do on moving day to make things go as smoothly as possible. The first is to be sure to bring your manners with you. Think of the following tips as “moving etiquette”:

Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

» Let your neighbours at both ends know when to expect the movers to pull into your place. Ensure that the movers park and unload to avoid blocking anyone else’s driveway or trespassing on other property while items are being carried into or out of your new place. It is important to respect your neighbours’ privacy and property.

68 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

Let your neighbours at both ends know when to expect the movers to pull into your place. Ensure that the movers park and unload to avoid blocking anyone else’s driveway or trespassing on other property while items are being carried into or out of your new place. » If you are booking a residential move and have the choice, select 9 or 10 a.m. for your truck to arrive. This is a time when people who work the 9-to-5 shift are not at home, and you are less likely to cause inconvenience. » Everyone wants to move at the same time, but this can tie up the elevators and make it impossible for residents to come and go, so instead of chaos, the property management will book a block of time for you to move. Book the elevators well in advance – in both the building you are leaving and the building you will be moving into – so that you can have the benefit of arranging your time comfortably. You should also check to see if movers are restricted to using specific doors. Sometimes there are service areas to use for moving so that the rest of the tenants aren’t disturbed or inconvenienced, or to accommodate large, heavy pieces of furniture.

» Most people wonder about whether to tip movers. Tipping is not compulsory in our industry, so it is totally up to you. If you feel your moving crew has done an exemplary job, by all means, show your appreciation that way. Whether or not you tip, you should expect excellent service. » Most moving companies are good about removing packing materials, crates, boxes, etc. when they leave. If anything is left behind, collect it yourself and dispose of it.

» Make arrangements for your pets to be cared for elsewhere. The very nature of a move means that doors will be open for long periods, and having animals wandering in and out can be dangerous for them and for those carrying your belongings.

» As items are moved out of rooms, take advantage of the opportunity to sweep, mop and clean what you can. Think about how you would like to find the place you are moving into and act accordingly. Some people hire cleaners to come in and work their magic before turning in the keys over to the landlord or the new owners. You may even want to check your lease – some leases and tenant agreements stipulate the condition of cleanliness and you don’t want to be sent a bill from your old landlord because you didn’t fulfil your obligations at your old apartment when leaving.

» If the movers are playing a radio, ask them to keep the volume down to avoid bothering small children or elderly neighbours who may want peace and quiet.

» Keep your cool. By moving day, you are likely to be tired and worried about all your items arriving at your destination without any damage.

» The physical nature of moving means that your movers will get thirsty and hungry. Although it is not necessary, offering cool drinks and some snacks is always greatly appreciated. Cold water and pop during the summer, or coffee and hot chocolate in the winter can go a long way to keeping movers refreshed and energized.

So, it’s all about common courtesy – treating others the way you would like to be treated – and it works both ways. That’s why at Two Men and a Truck, we always follow “the grandma rule.” We treat everyone the way we would want our grandmothers to be treated.

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 69

INDUSTRY UPDATE

10 reasons to buy a

// BY JIM RIVAIT

BRAND NEW HOME 4 | You’ll benefit from quality construction. Professional new-home builders

combine the latest construction techniques with timeless craftsmanship to create homes that are comfortable, attractive and great to live in. New homes use the most advanced building components. From construction materials to heating systems, the technology built into every new home ensures high performance, durability and long-term satisfaction.

5 | You’ll enjoy a well-designed community. New developments carefully balance Jim Rivait is chief executive officer of Canadian Home Builders’ Association – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.

private and public areas with welcoming home designs, green recreational areas, playgrounds for children, safe and attractive roads and pathways.

6 | Maintenance is a breeze. With modern construction, intelligent design and better building products, it is easier than ever to keep your home in great shape. 7 | You’ll reduce your utility bills. Energy efficiency is an increasingly important

consideration for homebuyers. Improvements in insulation, and energyefficient heating and cooling systems will save you money every month on utility costs, and your family will enjoy a far more comfortable home.

1 | You get what you want. Edmonton

built according to the latest building codes and include a wide range of safety measures to protect your family – everything from electrical circuit protectors and safety glass to hard-wired smoke detectors. Indoor air quality is better, thanks to improved moisture control.

f a brand new condo in on your must-have list in 2015, here are 10 great reasons to go for it:

area builders offer a stunning range of new homes, from efficient and economical to those with every bell and whistle. They offer homes in many different communities that will suit your needs and budget.

2 | You choose your builder. Members

of the Canadian Home Builders’ Association bring pride, skill, experience and integrity to their projects. They know that satisfied customers are the foundation of their reputation.

3 | You know what you own. Unlike a

resale home, a newly built home has no hidden past. You know how the place was built and what went into it – both what you can see and what is behind the walls.

8 | You can take comfort from safety improvements. Your new home will be

9 | You can stabilize your financial planning. With a new home you can plan for the future with confidence. Everything is brand new and covered by warranty, so there will be no repair bills and no replacement costs for years to come. 10 | You will build a financial nest egg. Edmonton’s strong economy is driving home rental costs up. Although the average vacancy rate in Edmonton rose from 1.4 per cent in Oct. 2013 to 1.7 per cent in Oct. 2014, according to Canada Mortgage and Housing Corp.’s latest Rental Market Survey, the vacancy rate is still below the 10-year average, and thus monthly rents continue to rise. The average monthly rent in the Edmonton CMA is $1,103 – up 6.2 per cent over year-ago levels. With today’s low interest rates, it makes sense to build personal equity through investing in home ownership.

There really is a lot to love about owning a new home. Talk to a CHBA member about what you’re looking for and they can match your needs to the right property at the right price in the Edmonton region.

70 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

SouthWestEdmonton Lansdowne Dr.

104 St.

51 Ave.

105 St.

119 St.

34 Ave.

Rabbit Hill Road

11Saddleback Rd.

9 Ave.

MacEw an Road

127 St.

141 St.

James Mowatt Tr.

Ellerslie Road

23 Ave.

Blackburne Drive

Ellerslie Rd.

3 18 8 9 23

Anthony Henday Dr.

30 Ave.

50 St.

15 7 22 10

19 Ave.

91 St.

Parsons Rd.

Dr.

101 St.

Ha dd ow

91 St.

23 Ave.

66 St.

40 Ave.

SOUTH

WHITEMUD DR.

Calgary Trail North QE II

Belgravia Rd.

111 St.

North Saskatchewan River

Ter will ega rD r.

ay Dr. y Hend Anthon

Riverbend Rd.

Fox Dr.

113 St. 109 St.

76 Ave.

QUESNELL BRIDGE

41 Ave.

MAP LISTINGS 1 THE LEGER BY BRASS III DEVELOPMENTS

625 Leger Way 2 WATERSTONE IN MACTAGGART MAINS BY CARRINGTON COMMUNITIES

6079 Maynard Way 3 VISTAS AT CALLAGHAN NORTH BY ROHIT COMMUNITIES

2632 Bowen Way SW 4 ATRIA BY PARK HOMES

2803 James Mowatt Trail 5 ALLURE BY CARRINGTON COMMUNITIES

4042 MacTaggart Dr

6 VILLAGE AT ALLARD BY ROHIT COMMUNITIES

675 Allard Blvd SW 7 WINDERMERE MANSIONS BY WESTRICH PACIFIC

1350 Windermere Way SW 8 CALLAGHAN LANDING BY ROHIT COMMUNITIES

1778 Cunningham Way 9 ELAN BY CARRINGTON COMMUNITIES

1144 Adamson Dr SW 10 ELEMENTS AT WINDERMERE BY CARRINGTON COMMUNITIES

Windermere Blvd & Windermere Rd.

MAGRATH GREEN BY LANDMARK COMMUNITIES

2003 Rabbit Hill Rd.

BY ROHIT COMMUNITIES

16003 10 Avenue SW (located off 170 and south of Ellerslie rd)

12 CREEKWOOD LANDING BY CARLISLE GROUP

11804 - 22 Ave SW

17 RAVINE POINT AT MACTAGGART RIDGE

13 E’SCAPES BY CARRINGTON COMMUNITIES

11080 Ellerslie Road

BY CAMBRIDGE MERIDIAN DEVELOPMENTS

5835 Mullen Place

14 L’ATTITUDE STUDIOS

18 SOUTH CALLAGHAN TOWNHOMES

BY CARRINGTON COMMUNITIES

304 Ambleside Link SW 15 THE SIGNATURE BY WESTRICH PACIFIC

5151 Windermere Boulevard

16 ELEMENTS GLENRIDDING HEIGHTS

BY VOCO

Corner of Casselman Link & Cunningham Way SW

20 SOUTH TERWILLEGAR BY PARK HOMES

4105 - 7323 South Terwillegar Dr. 21 REGENCY AT WINDERMERE BY ROYAL CANADIAN DEVELOPMENT INC.

723-172 St (In Langdale) 22 WINDERMERE WATERS BY WESTRICH PACIFIC CORP

1290 Windermere Way 23 TERWILLEGAR INSPIRATIONS #19, 840 – 156 Street

19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES) BY LANDMARK COMMUNITIES

7504 May Common

SOUTHWEST EDMONTON | Call Craig 587.520.6775

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CONDOS FROM $200,300 1144 Adamson Drive SW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 71

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hen people think about the typical apartment-style condo in Edmonton they think about a 600–800 sq ft home. That’s why BRASS III’s new project, The Leger, will come as a pleasant and unexpected surprise. Designed for those who love the Riverbend area, who want the maintenance-free lifestyle that a condo offers, but who want lots of living space, The Leger delivers.

lion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes,

EXPECT THE UNEXPECTED AT the LEGER SUITE 106, 1550 SQ FT

doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple. There are a handful of floorplans to choose from, and suites start under $300,000. Now selling and possessions start in 2015. Of course, the sooner you get in the more choice you have on floorplans and units. So swing by the sales centre today at 625 Leger Way. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.

74 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

BRASS3.COM

BRASS III has an excellent reputation as a builder of choice in the Riverbend/Terwillegar area. They know the community, they know the amenities and residents, and they know how to build great projects (they’ve built over a dozen projects in the area to date). This is amplified at The Leger. The Leger’s 60 units range from two-bedroom, two-bathrooms, to two-bedroom plus den plus two bathrooms, and are between 1,250 and 1,550 sq ft. All units features nine-foot ceilings, premier finishings like hardwood and tile floors, granite countertops, seven appliances (stainless steel appliances in the kitchen) and oversized balconies. All homes are self-contained, too, with their own hot water tank and heating system, and in-suite laundry. The building will also have low condo fees because there are no common amenities in the building—other than the heated underground parking. Instead, resources are put toward towards elements like soundproofing and improved construction materials. The Leger is in a prime location, in the heart of Terwillegar. It is steps from the new multimil-

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High-Quality Homes Designed to Stand the Test of Time Atria by Park Homes – an exciting enclave of two and three bedroom town homes, set in the vibrant new Callaghan South community and destined to become a neighbourhood of choice for first time buyers and young families. Created in a timeless Georgian style, with elegantly proportioned architecture, well-designed front entry doors and charming window boxes. Contemporary interiors boast warm laminate flooring, gourmet kitchens with quartz countertops and elevated nine foot ceilings on the main floor – and every home has an attached double garage!

Prices starting from the $270’s incl. GST Designer Show Homes open at: 2803 James Mowatt Trail South West Edmonton Tel: 780.809.8580 Mon to Thurs: 3 – 8pm Weekends and Holidays: Noon – 5pm Closed Friday

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and

What to do when you hire a contractor Many experienced and reliable contractors work in your community – highly skilled professionals who do business the right way. Unfortunately not all contractors play by the same rules. Some cut corners to offer lower prices. They promise you a “good deal” as long as nothing is written down and you pay in cash. These cash deals can mean a lot of risk for you. Contractors who don’t do business properly don’t protect you from accidents or their mistakes. If there is a work-related injury or damage to your home, you could face lawsuits and financial loss. You could be responsible for your contractor’s unpaid bills. And you could be stuck with work that is incomplete or badly done. While serious, these risks are easy to avoid. Before you agree to let anyone work on your home, take these three simple steps: know who you’re dealing with, make sure you’re protected from risks, and always Get in in Writing! ™

How to find

a good contractor • Ask friends, family and neighbors about contractors they have hired to work on their homes. • Contact your local Home Builders’ Association or other trade association for a list of professional contractors in your community. • Ask your local building materials store if it has a list of recommended contractors. • Ask your utility company if it has a list of recommended contractors. • Check with your local Better Business Bureau to find out if a contractor is a member.

For more advice, including detailed information about contracts plus worksheets you can use when interviewing contractors, visit HiringAContractor.com For a listing of builder and renovator members, contact the Canadian Home Builder’s Association - Edmonton Region. Call 425-1020 or visit their website at chbaedmonton.ca Get it in Writing! provides information to help you make informed choices when you build, renovate, or repair your home. This program is managed by the Canadian Home Builders’ Association with support from the Government of Canada.

Get it in Writing(14/10)-/ja

78 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

HOMEBUYERS’ HELP

condo buyers’

resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 79

HOMEBUYERS’ HELP

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! INTEREST RATES

CALCULATE YOUR MORTGAGE PAYMENTS

AMORTIZATION PERIODS

% 5 YEARS

10 YEARS

15 YEARS

20 YEARS

25 YEARS

3.00

17.96

9.65

3.25

18.07

9.76

6.91

5.54

4.73

7.02

5.66

4.86

3.50

18.18

9.88

7.14

5.79

4.99

3.75

18.29

9.99

7.26

5.91

5.13

4.00

18.40

10.41

7.38

6.04

5.26

4.25

18.51

10.23

7.50

6.17

5.40

4.50

18.62

10.34

7.63

6.30

5.53

4.75

18.72

10.46

7.75

6.44

5.67

5.00

18.85

10.59

7.89

6.58

5.82

5.25

18.97

10.71

8.01

6.71

5.96

5.50

19.08

10.83

8.14

6.85

6.11

5.75

19.19

10.95

8.27

6.99

6.26

6.00

19.30

11.07

8.40

7.13

6.40

6.25

19.42

11.19

8.54

7.27

6.55

6.50

19.53

11.32

8.67

7.41

6.70

6.75

19.64

11.44

8.80

7.55

6.86

MONTHLY PRE-TAX INCOME

SPOUSE’S PRE-TAX INCOME

TOTAL PRE-TAX INCOME

DIVIDE BY THREE

AFFORDABLE MONTHLY PAYMENTS DIVIDED BY 12

AMOUNT OF MORTGAGE (PRICE-DOWN PAYMENT)

CHART FIGURE

AMOUNT OF MORTGAGE DIVIDED BY 1,000

AMORTIZATION AMOUNT

ESTIMATED MONTHLY TAXES AND HEAT

MONTHLY PAYMENTS

FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFY FOR A MORTGAGE ON YOUR DREAM CONDO

Calculate the combined monthly before-tax income of you and your spouse.

Multiply this figure by the amount you need to borrow. Divide by 1,000.

Divide by three. This figure is the monthly payment you can afford to make on your condo.

Add to this your estimated monthly heating costs and monthly property taxes.

Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

Refer to the chart above. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo. Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

80 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

ATB Financial

2.700

4.000

2.940

2.890

2.990

3.040

3.240

Bank of Montreal / BMO

3.000

4.000

3.140

3.040

3.850

4.390

4.990

Bank of Nova Scotia

3.100

4.550

3.290

3.140

3.440

3.940

4.790

CIBC Mortgages

3.000

4.450

2.990

2.940

3.650

4.240

4.990

Canadian Western Bank

3.200

4.000

3.140

3.040

3.650

4.200

4.990

Canadian Western Trust

3.200

4.000

3.140

3.040

3.650

4.200

4.990

Effort Trust

4.450

3.450

3.600

3.700

4.600

4.950

Equitable Bank

3.140

3.950

4.540

4.940

First Calgary Financial

4.000

2.890

3.190

3.390

3.290

First National Financial

2.450

3.950

2.990

2.590

2.690

2.890

3.090

FirstOntario Credit Un.

2.600

4.240

3.090

3.140

3.290

2.940

3.090

HSBC Bank Canada

3.100

4.450

3.540

3.040

3.540

4.240

4.940

Home Trust Company

2.500

3.950

2.890

2.790

2.940

2.950

ICICI Bank Canada

3.050

3.150

3.650

3.640

3.690

3.890

Investors Group Trust

3.000

4.200

3.140

3.750

4.640

4.990

Laurentian Bank Canada

3.000

4.400

3.140

3.500

4.390

4.790

League Svgs & Mortgage

4.000

3.140

3.040

3.100

3.140

3.190

Libro Credit Union

3.900

3.150

3.200

3.250

London Life

3.000

4.200

3.140

3.750

4.640

4.990

Manulife Bank

2.700

4.450

3.000

3.040

3.090

Manulife Trust

4.450

3.000

3.040

3.090

Meridian Credit Union

2.750

4.000

3.090

2.650

3.650

3.290

3.190

National Bank

3.000

4.400

3.140

3.040

3.750

4.390

4.790

4.500

3.150

3.500

3.750

3.850

3.950

President’s Choice Fin’l

3.000

6.190

3.190

2.940

3.590

4.040

4.440

Royal Bank of Canada

3.000

3.140

3.950

4.540

4.940

Servus Credit Union

4.000

3.090

3.040

3.440

3.940

4.790

Steinbach Credit Union

2.750

2.850

2.950

3.050

3.100

Peace Hills Trust

3 years

4 years

5 years

T-D Mortgage

3.000

3.140

2.990

2.940

3.440

3.940

4.790

Tangerine

3.000

3.190

3.240

3.490

3.690

3.790

*Rates subject to change without notice.

NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 02 | NEW CONDO GUIDE 81

HOMEBUYERSâ€™ HELP

CONDO HUNTERâ€™S CHECKLIST

When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! CONDO #1

CONDO #2

CONDO #3

CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

Sq. ft.:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

82 NEW CONDO GUIDE | VOLUME 23 ISSUE 02 | NewHomeAndCondoGuide.ca

t u b , e c n cie s t e k c o r e m It ’s not o s e s i m o r p t ’ n a d! e v l we c o v n i e b t ’ n o w chemist r y WINDERMERE IMMEDIATE AND SPRING

POSSESSIONS! Showsuites are now open at this southwest location, situated in the amenity-rich area of Windermere! Come see what living is like in southwest Edmonton’s most desirable neighborhood! Condos from the $160’s!

SALES HOURS

FROM THE $150’s

Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

5521 7 Ave SW 587.521.1444

ELEMENTS AT HERMITAGE NE

FROM THE $180’s

1196 Hyndman Road 780.473.9143

SALES HOURS Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

elementsbycarrington.ca

NW DR GAR LLE TER WI

SE NE

SW SE

ELEMENTS AT Willowhaven

WIND

ERME

1196 Hyndman Road 780.473.9143

AY D END

FROM THE $180’s

340 Windermere Road 780.469.6976

ELEMENTS AT HERMITAGE

FROM THE $160’s

HON

587.521.1444

ELeMENTS at WINDERMERE

ANT

ELEMENTS AT Willowhaven

FROM THE $150’s BY WITH 3 CITYWIDE LOCATIONS, ELEMENTS 5521 7FOR Ave SW CARRINGTON HAS SOMETHING EVERYONE!

FROM THE

340 Windermere Road 780.469.6976

WINDE RMERE

Condos from the $160’s at one of our ELeMENTS at WINDERMERE locations $160’s below

RE BL VD

340 Windermere Road 780-469-6976

NATURALLY INSPIRED LIVING

With suites ranging from Jade offers purchasers a open concept floor plans den suites are the most s

Conveniently located in the blooming west end community of Rosenthal, Jade offers expansive greenspace, gorgeous lake views, and close proximity to parks & recreation, making it a perfect fit for outdoor enthusiasts! The beautiful views from some of the suites make the area a pleasure to experience from indoors as well as out. Jade’s location is sure to satisfy all shopping, entertainment and recreational needs. Jade is merely minutes away from West Edmonton Mall, Costco and a variety of service and retail stores. Only a short distance to River Cree Casino, Lewis Estates Golf Club, and Jasper Place Recreation Centre, the location offers plenty of outdoor recreation and leisure. Convenient access to Whitemud Drive and Anthony Henday adds to the appeal of this fantastic location. This four-storey building features a fabulous two storey lobby and is located just west of Winterburn Road along Rosenthal Boulevard. Jade will be part of an exclusive development that will include multi-family as well as single family homes, situated around a central pond.

Carrington goes a step unique, contemporary fi The kitchen’s full-height laminate flooring in the contemporary feel. Als colours, a four-piece sta as a front-load washer an

In addition, you can de with Carrington’s comp abundance of choices e include granite counterto ceramic kitchen backspl and feature walls in desi

The building offers a soc fully equipped fitness ce with most suites, and gu and natural amenities av with naturally inspired li

The presentation centre 12–5pm Saturday, Sun For more information today for the best selecti

EXCELLENCE IN HOUSING AWARD WINNE

2014 CHBA-Edmonton Multi-Fam

m one bedroom up to two bedrooms plus den, a wide range of options. One bedrooms with s start at 644 square feet and two bedroom plus spacious at 1,144 square feet.

above when carefully selecting the finishes— finishes come standard inside all of Jade’s suites. t ceramic subway backsplash, along with the e kitchen and living room, create a fresh and so included are wood cabinets in designer ainless steel kitchen appliance package, as well nd dryer.

esign your new home exactly how you like it mplimentary interior design consultation. An exist for customizing your suite, and upgrades ops; various cabinet styles and finishes; glass or lash; hardwood, cork or even leather flooring; igner colours.

cial room with wet bar & billiards, as well as a entre. Secure underground parking is included uest parking is available. With so many social vailable, Jade is big city convenience combined iving!

e is open from 3–8pm Monday to Friday, nday & holidays, and closed on Fridays. n call Trent at 780-426-1686. Stop by ion & pricing! Starting from the $190,000’s.

mily Builder of the Year

ESCAPE TO

Grand Opening

111 ST

February 28, 2015 12:00PM - 5:00PM 11080 Ellerslie Road

RUGBY PARK

CALGARY TR

ANTHONY HENDAY

GATEWAY BLVD

Event!

SOUTHWEST Call Kathy at 780.756.2230 11080 Ellerslie Road Sales Hours Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays

ELLERSLIE RD

Join us for the unveiling of two fabulous showsuites and enjoy food, drink and entertainment. Paradise awaits at E'scapes!

507 Albany Way | 587.520.3372

10604 - 116 Street NW | 780.705.1350

• BUILDING 2 NOW SELLING

• Flexible floorplans take open-concept living to the next level

• Exceptional landscaping with easy walkability to neighborhood amenities, parks and ponds

th or

l ra

EXCELLENCE in HOUSING

W es

2014 Awards of

• STARTING FROM $189,900

• Convenient access to St Albert and the Henday

• Stainless steel appliances and full-height backsplash

• Convenient downtown location, just minutes from the river valley, recreation, shopping, LRT, Grant MacEwan and NAIT • Ultra-modern studio, one and two bedroom suites • Ample amenities to extend your living space • STARTING FROM $165,900

•

Cast-in-place concrete construction

• Engineered hardwood floors, stainless steel appliances and overheight ceilings • Personalize your space with a complimentary interior design consultation • Convenient location close to shopping, dining and entertainment with quick access to the international airport and Nisku industrial park • CONDOS FROM $246,330

2014 Awards of

EXCELLENCE in HOUSING Supported by

2014 CHBA-Edmonton Multi-Family Builder of the Year

• Located in North West Edmonton’s most desirable new neighbourhood, Village At Griesbach, which features four lakes, a 24 acre central park, a childrens playground and much more

• Located in the Uplands of Mactaggart, Allure boasts close proximity to stunning natural spaces, fabulous amenities, as well as the Anthony Henday and Whitemud Drive

• 9’ ceilings on all floors

th or N

• STARTING FROM $201,900

es hW

• Secure, heated underground parking with storage

• Cast-in-place concrete construction

W es t

4042 MacTaggart Drive NW | 780.756.2230

508 Griesbach Parade NW | 780-760-2002

• Double, triple, and quadruple underground parking garages available • STARTING FROM $664,986

Building dreams come true for over 40 years! WITH LOCATIONS THROUGHOUT EDMONTON – CARRINGTON HAS SOMETHING FOR EVERYONE

jade

167 AVE

FROM $189,900

507 Albany Way 587.520.3372

FROM $175,900

6076 Schonsee Way 780.476.1137

RABBIT HILL RD 23 AVE

ELLERSLIE RD

SALES HOURS

91 ST

*SEE OUR AD ON INSIDE BACK COVER

WINDERMERE BLVD JAMES MOWAT TRAIL

111 ST

Mon–Thurs 3PM–8PM Sat, Sun, holidays 12PM–5PM Closed on Fridays

75 ST

northshore

WHITEMUD DR

1144 Adamson Drive SW | 587.520.6775 • Immediate possessions available! • Walking distance to a vibrant new town centre, future LRT station and recreational complex, Blackmud Creek Ravine and much more • Full-height backsplash, laminate floors and six appliances included • Ravine views available with some suites • STARTING FROM $200,300

SouthWest

30 AVE SW 25 AVE

PMS1545: 53M100Y72K 8583 metallic

PMS 2204: 32C2M7Y1K

N of 137 Ave on Griesbach Parade NW 780.760.2002

SHERWOOD PK FWY

ARGYLL RD

ROSENTHAL BLVD GAR

FROM $201,900

ILLE

CEN

valour

WHYTE AVE

WHITEMUD DR

HENDAY

AVIVA

ANTHONY

10604 - 116 St NW 780.705.1350

75 ST

• STARTING FROM $187,900

FROM $165,900

T TR LBER

vibe

ST A

FROM $187,900 Savaryn Drive SW and 25 Ave 780.761.3144

142 ST

ARA

• Contemporary wood cabinets in designer colours and full-height ceramic subway-style backslpash in kitchen

YELLOWHEAD TR

4042 MacTaggart Dr NW 780.756.2230

TERW

FROM $664,986

66 ST

ALLURE

ANTHONY HENDAY DR

• Laminate flooring throughout suite entry, kitchen, living and dining areas

1144 Adamson Dr SW 587.520.6775

82 ST

• A winter wonderland bringing with it the promise of skating, cross-country skiing and sledding

FROM $200,300

97 ST

• Access to summer and winter fun in Edmonton's first and only recreational lake community

É LAN

IA T R

11080 Ellerslie Road 780.756.2230

TOR

• Located in desirable Summerside

FROM $246,330

VIC

E’SCAPES

WINTERBURN RD

SouthEast

1004 Rosenthal Blvd 780.426.1686

ALBANY WAY

SAVARYN DRIVE SW AND 25 AVE | 780.761.3144

FROM $193,900

. . . n e h W r e b m e m e R

1004 Rosenthal Blvd. | 780.426.1686

• Convenient access to the Anthony Henday and Whitemud Drive • 9' ceilings on all floors

• Secure, heated underground parking with storage

West

li / S

ta Nef

k.co

stoc

ter hut

• Laminate floors, full-height backsplash, and stainless steel appliances

• Two-storey lobby

Even then, Carrington was building condos Through some of recent history’s most memorable times, Carrington Communities has been in Edmonton and area building quality condos. For over forty years, more than 9,000 families have chosen us to be their building partner for their most important investment. That’s more than just a number—it is a statement of trust that

we take seriously to deliver quality, choice and service excellence to our customers. So, when it’s time for you to buy a home where you will make your own memorable moments, trust Carrington Communities to deliver a product that will stand the test of time.

2014 Awards of

EXCELLENCE in HOUSING Supported by

2014 CHBA-Edmonton Multi-Family Builder of the Year

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

There were 3,500 people in the congregation at St. Paul’s Cathedral. It was held at St. Paul’s rather than Westminster Abbey because St. Paul’s offered more seating and permitted a longer procession through the streets of London. Widely billed as the “wedding of the century,” it was watched by an estimated global TV audience of 750 million.

• STARTING FROM $193,900

P R I N T L O G O A P P L I C AT I O N

6076 Schonsee Way | 780.476.1137

S I G N L O G O A P P L I C AT I O N

NorthEast

The First “Royal Wedding,” 1981

• One bedroom, two bedroom, and two bedroom plus den suites available • Underground heated parking, laminate flooring, window coverings, and six appliances included • Just minutes from shopping, dining and many other amenities • STARTING FROM $175,900

At Rohit Communities, we know your home is with you through memories, milestones, laughter and love. From the first place to call your own, to the home in which you celebrate your golden years, our homes are the backdrop for your best moments. For life, for you, Forever Home.

For a full list of locations and home styles visit RohitCommunities.com

RohitCommunities.com

showhomes EDMONTON & AREA

1. Edmonton South Allard 780.909.9141 Townhomes Single Family Homes

g in

Ra y

Range Rd 230

66 Street

il Tra

780.990.9588 Townhomes & Duplexes Single Family Homes

Glenridding Heights

153 Ave

lbe

137 Street

FORT SASKATCHEWAN

Drive bon ib

2. Edmonton Windermere

An G

rive

127 Street

780.862.1060 Bungalow Community

yD da en yH on th

n an

e Av

92 Street

Callaghan North

ST. ALBERT

ive Dr

Yellowhead Trail Yellowhead Trail Groat Road

Whyte Ave Wye Road

Whitemud Drive 50 Street

75 Street

23 Ave

17 Street

e ay Driv y Hend A n thon

Calgary Trail

780.938.5478 Duplexes Single Family Homes

Whitemud Drive Gateway Blvd

Starling at Big Lake

Terw ille ga rD riv e

Whitemud Drive

4. Edmonton North West

6 Highway 21

780.906.9808 Duplexes Single Family Homes

Baseline Road

Cloverbar Road

Edgemont Place

Highway 14

Anthony Henday Drive

3. Edmonton West

EDMONTON

111 Street

Ellerslie Road

5. Edmonton North

Casselman Landing

780.914.1565 Townhome Condominiums

Cy Becker 780.880.2981 Duplexes Single Family Homes

6. Sherwood Park

7. Fort Saskatchewan

Duplexes 780.952.1572 Single Family Homes 780.862.1060

780.995.6054 Duplexes

Aspen Trails

RohitCommunities.com

Sienna

now selling!

DUPLEXES IN CY BECKER

now

TWO STOREY IN FORT SAS

Starting from the $340,000's*

Starting from th

Find your home in Cy Becker, located in Northeast Edmonton. Two storey duplexes featuring an open concept main floor design, two or three bedroom layouts, double car garage, deck and full landscaping!

Only 10 minutes from Edmo Sienna feature open concep laminate, tile, rear deck, lan

Visit the showhome at 3710 167A Ave NW Call Tyler at 780.880.2981 for more information

Visit the showhome at 50 Sierra Call Chris at 780.995.6054 for m

w selling!

new!now selling

Y DUPLEXES SKATCHEWAN

DUPLEXES IN EDGEMONT PLACE

he $310,000's*

Starting from the $350,000's*

onton and Sherwood Park, duplexes in pt floor plans, granite on the main floor, ndscaping and more!

Charming two storey duplexes with single or double attached garage. Homes come in either 2 or 3 bedroom options and include an open concept main floor, flex area on the second floor and at least one master ensuite.

a Wynd, Fort Saskatchewan more information

Visit the showhome at 20204 42 Ave Call Kim at 780.906.9808 for more information *prices as of January 21, 2015, subject to change

START THE NEW YEAR WITH A WHOLE NEW VIEW! Condos from the high $100s Townhomes from the mid $200s Visit Our Sales Centre at 160 Ave. & 96 St. Monday through Thursday 3-8 PM Weekends & Holidays Noon-5 PM | Closed Friday

780.940.1803

RADIANCECONDOS.CA