M O Z A I C R E A LT Y G R O U P
EDMONTON
Real Estate Property Ownership
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M O Z A I C R E A LT Y G R O U P
Edmonton, Alberta - 1904
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Population: 1,321,000 GDP: C$ 124,47 billion GDP per capita: C$ 88,671 Average income per household: C$ 103,856 AKA: Edmonton Metropolitan Region (EMR), the Alberta Capital Region, or Metro Edmonton Area: 9,430.86 km2 (3,641.28 sq mi) – largest metro area in Canada Includes six cities: Beaumont, Edmonton, Fort Saskatchewan, Leduc, St. Albert, and Spruce Grove
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Time zone: UTC−07:00 (MST) Highways: 2, 14, 15, 16, 16A, 19, 28, 28A, 37, 100, 216 Waterways: North Saskatchewan River, Big Lake, Whitemud Creek, Blackmud Creek, Mill Creek, Fulton Creek
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M O Z A I C R E A LT Y G R O U P
Awesome Facts That Make Edmonton Special
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Provincial capital of Alberta Edmonton is one of the largest cities by area in North America. It’s slightly larger than the country of Cyprus in the Mediterranean. Edmonton is the northernmost North American city with a population over one million. Edmonton is home to North America’s largest mall – the West Edmonton Mall, spanning the equivalent of 48 city blocks. It was the world’s largest mall until 2004. Edmonton has over 30 annual festivals year round. Internationally renowned are the Folk, Fringe and Street Performers festival. The University of Alberta has produced 67 Rhodes Scholars. The Art Gallery of Alberta was founded in 1924 and is the oldest cultural institution in Alberta. It maintains a collection of over 6,000 objects. The Edmonton Oilers are a NHL franchise team. Mark Messier, a famous NHL hockey player, was born in Edmonton. Wayne Gretzky played with the Edmonton Oilers. There are over 70 golf courses in metropolitan Edmonton. With no provincial sales tax and extremely low personal and corporate tax rates, Edmonton is one of the most cost-competitive places to do business in the world. New light rail transit, office towers and entertainment venues — Edmonton’s downtown is in the middle of a $7 billion transformation.
Source: Wikipedia, Statistics Canada, Trip Advisor, Hike Bike Travel
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M O Z A I C R E A LT Y G R O U P
Significant Local Business Landmarks Amazon Warehouse
Online retail giant Amazon.com Inc. is opening a new distribution centre in Leduc County, just South of Edmonton, with plans to create 600 full-time jobs by 2020. The e-commerce company says the approximately 92,900-square-metre (one-millionsquare-foot) centre in Nisku, Alta., will be the company’s 11th distribution facility in Canada, and its second in Alberta. It already operates a similar facility in Rocky View County in southern Alberta, where it employs more than 1,500 full-time workers.
West Edmonton Mall
Spanning the equivalent of 48 city blocks, West Edmonton Mall is the largest mall in North America. At 5.3 million square feet, the Mall is the size of a small city and is accredited as a zoo. West Edmonton Mall is home to more than 800 stores and services including nine world-class attractions, two hotels, over 100 dining venues, the widest variety of oneof-a-kind retailers, and entertainment for all ages. Average yearly visitation is approximately 30.8 million, making West Edmonton Mall the province’s number-one tourist attraction.
Edmonton International Airport
Edmonton International Airport (EIA) is Canada’s fifth-busiest airport. It serves 8.2 million passengers per year and offers non-stop service to 50 destinations around the world. EIA is Canada’s largest major airport by total land area! The airport offers scheduled non-stop flights to major cities in Canada, the United States, Mexico, the Caribbean, Central America and Europe. It is a hub facility for Northern Alberta and Northern Canada. The airport has a catchment area encompassing Central and Northern Alberta, northern British Columbia, and Yukon, the Northwest Territories and western Nunavut. In 2008, the Premium Outlet Collection shopping mall opened its doors adjacent to EIA. With the overall 430,000 sqft area, the mall has around 100 retailers under world-famous brands. Sources: Edmonton Journal, Wikipedia, wem.ca, flyeia.com a sk @ m oz a i c re a l t y. c a | 78 0 .9 05 .3 0 0 8 | m oz a i c re a l t y. c a
M O Z A I C R E A LT Y G R O U P
More Highlights Why to Choose Edmonton Capital of Alberta and Oil Capital of Canada: While Calgary may be larger and the (slightly) more popular of the two cities, Edmonton is still the capital of the province. It features all provincial areas of government, including the Provincial Legislature of Alberta. If you’re looking to work within a political role – this just may be the city for you! Edmonton traditionally has been a hub for Albertan petrochemical industries, earning it the nickname “Oil Capital of Canada” in the 1940s. Supply and service industries drive the energy extraction engine, while research develops new technologies and supports expanded value-added processing of Alberta’s massive oil, gas, and oil sands reserves. Despite the apparent focus on oil and gas, Edmonton’s economy is one of the most diverse in Canada. Major industrial sectors include a strong technology sector. Much of the growth in the technology sector is due to Edmonton’s reputation as one of Canada’s premier research and education centers. The Edmonton-based University of Alberta is number #1 in Alberta’s 2020 ranking of higher education institutions and #6 in Canada! The University of Alberta is a major economic driver in Alberta. The university’s impact on the Alberta economy is an estimated $12.3 billion annually, or five per cent of the province’s gross domestic product.
Festival City Hardly a week goes by without a festival bringing people together and our streets to life. Some annual favorites include Heritage Festival, a celebration of multicultural sights, sounds and tastes; Folk Fest, four free-spirited days of eclectic music and great food; and The Fringe, North America’s biggest and oldest celebration of innovative theater and performance arts.
Green Space Running throughout Edmonton, our river valley is the largest urban park in North America. Measuring in at 22 times bigger than Central Park, it covers 18,000 acres and links over 160 kilometres of maintained pathways. Just minutes east of Edmonton is Elk Island National Park — home to free bison, moose, elk and over 250 species of birds. It’s the perfect escape for picnics, camping, photography, and stargazing. A designated dark sky preserve, Elk Island is the perfect spot to take in the wonders of the night sky.
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M O Z A I C R E A LT Y G R O U P
Why Buy Real Estate in Edmonton? Predicting what the Edmonton housing market will look like in 2020 isn’t an exact science. Of course, no-one can be 100% accurate in their predictions, and there are always unexpected external factors that can affect the market, but it’s possible to take a look at some of the current trends in the market and make some pretty good predictions about what the next year will hold. The good news is that the outlook is generally positive, with much of Canada (and especially Edmonton) finding itself catering to one of the most diverse groups of buyers it’s ever seen.
Buyer’s Market We’re currently in a strong buyer’s market, and we expect this will continue into 2020. There is a lot to choose from right now but rest assured, when you buy with Mozaic Realty Group you get an excellent home and we will be here to stand behind our product. If you’ve been thinking about a new home, you’re in luck! This buyer’s market means you’re likely to get a good price. In fact, many home builders have been keeping prices steady even when their costs are increasing.
A Younger Population Along with a strong buyer’s market, Alberta also benefits greatly from a younger working population than the rest of Canada. Over 70% of Alberta’s population is of working age, meaning Alberta has more millennials than baby boomers, and half of those millennials intend to enter the housing market in the next two years. Consumer confidence in these groups is also way up, with 84% of millennials feeling that home ownership is a “very good or good investment.” Even among the older baby boomers, there’s encouraging news. A poll taken this year reveals that 19% of people aged between 54 and 72 in Alberta are planning to purchase a home in the next five years.
Population Growth Edmonton’s population is growing, which is also a healthy sign. In fact, in 2018 Alberta was the third fastest-growing province in Canada. This is due partly to new Canadians settling in Alberta as the government maintains its immigration target of 300,000 per year, and also due to inter-provincial migration, which has seen a positive upswing for the first time in a couple of years. This continues into 2020, and the growing population will, in turn, drive new home sales across the province.
Affordable Compared to Other Areas It’s important to note that it’s good to be an Albertan right now, the markets in Ontario and British Columbia, for instance, are much more volatile. We’re lucky to be in Edmonton!
LESS TAXES NO Stamp Tax. No Land Transfer Tax. More affordable tax system in Alberta.
Source: Edmonton.ca, Edmonton.com, Statistics Canada, Wikipedia
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M O Z A I C R E A LT Y G R O U P
Builder Profile your designer homebuilder
Rohit Communities started in 1986 by building a single home, and has now grown to be one of the leading home builders in Alberta. Their diverse product selection includes, designer townhomes, duplexes, two-storey single family homes, bungalows and apartment homes. As an active partner of the Canadian Home Builder Association as well as with several various sustainable communities and affordable housing initiatives, the builder truly believes in giving back to the communities in which they build. Rohit Communities is a recipient of multiple awards at local, provincial and national levels.
2,690
TOTAL LOTS SERVICED
4 TIME WINNER
EDMONTON’S BUILDER OF THE YEAR
2016
TOP 70
1,215
EMPLOYER
ACRES OF ROHIT LAND
IN ALBERTA
20+
CHARITIES SPONSORED THIS YEAR
4 TIME WINNER ROHIT NAMED CANADA’S
TOP 100 SMALL & MEDIUM EMPLOYERS
OVER 4,700 HOMES SOLD
2017 REVENUE
$163 MILLION
238
RENTAL UNITS
$440 MILLION
ASSETS UNDER MANAGEMENT
BUILDING IN EDMONTON • CALGARY • REGINA • FORT MCMURRAY • COCHRANE • SHERWOOD PARK • FORT SASKATCHEWAN
As of December 2017
Mozaic Profile Mozaic Realty Group is a fresh brand & brokerage based in Edmonton, AB that specializes in New construction homes. Our team is comprised of 25 Agents and Managers with over 30 years of knowledge and experience. We pride ourselves on providing equally outstanding service to home builders, real estate agents and individual clients. With Mozaic Realty Group you get: EASY ACCESS to exclusive INVENTORY; BEST PRODUCT by having the best possible choice of homes for any budget and lifestyle; BEST SERVICE by our professional agents and administrative support team; BEST RESOURCES for REALTORS®, sellers and buyers; BEST PRICING delivered directly from our builders as their direct representatives. Mozaic Realty Group is the only firm in Edmonton specializing in new construction as a full-service real estate brokerage! In addition, again, as a real estate brokerage, we are the only active member of the Canadian Home Builder Association (CHBA) in the Edmonton region.
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M O Z A I C R E A LT Y G R O U P
HOME BUYING PROCESS OFFER
CONDITIONS
If you choose to put an offer on any of our units you can simply email the following us.
Financing
The financing condition is a usual term included in the agreement. It should not exceed 3 weeks after the formal offer date. The condition is being removed based on TWO documents:
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Property address and, or legal description: Client name(s): Client phone number(s): Client email(s): Client occupation(s):
BUILDER AGREEMENT This will be the primary document that will enclose all the information and terms about the unit. It may include additional schedules with possible upgrades, sooner possession requests and similar. Mozaic’s office will docusign the documents directly with the clients and will guide through the entire process!
DEPOSITS The builder requests a deposit of 10% of the purchase price upon the condition removal, paid by wire, electronic transfer, or certified bank draft to Rohit Communities Inc. (the name as needs to appear exactly on the draft) if under 35 days to close. The deposits are protected under a special program that we can elaborate if necessary.
1. A letter from the lender: MUST have the purchase price displayed on the letter. In case the lender’s system does not allow that, the lender’s representative may put the price by hand and sign additionally. 2. Waiver on the builder’s form: Mozaic’s office will docusign that waiver with the clients directly after we receive the above letter.
WALKTRHOUGHS The builder and Mozaic conduct joint walkthroughs for the client. The number and the type of the walkthroughs depend on the stage when the home was purchased. Pre-possession walkthrough – 2 hour meeting with the client, usually one week before the possession. The client has the opportunity to examine and mark the deficiencies in the unit with the expectation to be fixed before the possession day. Possession walkthrough – the final walkthrough confirming that all deficiencies are fixed.
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M O Z A I C R E A LT Y G R O U P
WARRANTY The law in Alberta requires every builder to provide a warranty for every produced new home. Under the Alberta New Home Warranty Program, you are getting coverage on the following with your brand new home.
• Labour & Materials for the first 12 months.
It includes such items as flooring, trim and fixtures: most of the items that are outside the walls.
• Distribution Systems (heating, electrical etc.) for the first two years.
It covers defects in labour and materials related to heating, electrical and plumbing systems: most of the items inside the walls.
• The Building Envelope (e.g. the roof and exterior walls) for five years.
It includes such components that separate the controlled interior air from the exterior, for example, the wall framing and cladding, roof and window installation.
• Key Structural Components (e.g. the foundation and frame) for 10 years. It covers the key structural components, for example, the frame and foundation. Read more about the program at: https://www.anhwp.com/mandatorywarranty/
LEGAL SUITES If you are looking into an extra investment with your home purchase, considering the secondary (aka legal) suite is an attractive option that we can arrange for you. The secondary suite is usually in your basement with a separate entrance. These suits will bring another excellent living area to your home with another kitchen, and a full bathroom. a sk @ m oz a i c re a l t y. c a | 78 0 .9 05 .3 0 0 8 | m oz a i c re a l t y. c a
M O Z A I C R E A LT Y G R O U P
Available Designer Interiors:
FEATURES All our houses have the features below with variable upgrade possibilities. - 9 ft ceilings on the main and in some cases second floor - Up to 42� tall staggered custom cabinetry with a full depth fridge cabinet and crown moulding - Modern and stylish laminate or LVT flooring throughout the main floor (some exclusions apply as per colour package) - Stunning ceramic tile flooring in the laundry room, front entry and all bathrooms (some exclusions apply) - Maximize efficiency and control with a 95% high efficiency furnace and programmable thermostat - Argon filled low-E coating triple-pane windows to keep the heat and the cold out.
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M O Z A I C R E A LT Y G R O U P
Edgemont is a well-connected, walkable neighbourhood in West Edmonton that provides a variety of housing options. Numerous parks, ponds and greenways serve as key points around the neighborhood and offer opportunities for recreation. Edgemont is bounded on the West by Winterburn Road (215 Street NW), South by the Wedgewood Ravine, East by Anthony Henday Drive and North by Lessard Road and 45 Avenue NW. Edgemont Community: As per City of Edmonton’s recent census there about 2,000 people living in Edgemont. The majority of population is of the working age 25-54 y/o: average family size of 3 people. There are many children and youngsters living in the area. The elderly population 65+ is approximately 4%. Income: Most of them are homeowners with an average income of $100,000-$140,000/year.
Community Guide
EDGEMONT
Servicing bus routes: 101, 103, 117, 119, 138, 139
Medical: Hawkstone Medical Clinic / Hawkstone Dental Clinic / Hampton Medical Clinic / Calligwood Medical Clinic / Misercordia Hospital Recreation: The Hampton’s Park / Wedgewood Park / Calligwood Park / YMCA / Lewis Estate Golf Course / River Cree Resort and Casino Shopping: West Edmonton Mall / Costco / Hampton Market
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M O Z A I C R E A LT Y G R O U P
COMMUNITY MAP
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HIGH SCHOOL 5 Jasper Place School (Public, 10-12) 8950 163 Street NW 780-408-9000 6
Blessed Oscar Romero (Catholic, 10-12) 17760 69 Avenue 780-428-2705
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The Marketplace at Callingwood - 6655-178 Street
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Terra Losa Centre - 97 Avenue & 170 Street
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The Grange Centre - 2500 Guardian Road
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Hampton Market - 6226-199 Street NW
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Costco - Winterburn Road
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River Cree Resort & Casino
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Lewis Estate Golf Course
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The Hampton’s Park
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Wedgewood Park
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New Commercial Coming Soon
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Beriault (Catholic, 7-9) 8125 167 Street NW 7 80-489-5490
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ELEMENTARY 1 Winterburn (Public, K-6) 9527 Winterburn Road NW 780-447-3566
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Edgemont Community Significant Local Landmark
M O Z A I C R E A LT Y G R O U P
Callingwood Rd
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EDGEMONT Townhomes with NO CONDO FEES CASA: starting at $310,000. Options available with legal suites: starting at $355,000.
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EDGEMONT EAST Duplex homes with attached garages LANDON: starting at $370,000. Options available with legal suites: starting at $420,000. r
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WOODHAVEN Detached homes with detached garages HUDSON: starting at $380,000. Options available with legal suites: starting at $430,000.
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Currently Edgemont has various housing options in the follwing communities:
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HOUSING OPTIONS PER EACH COMMUNITY a sk @ m oz a i c re a l t y. c a | 78 0 .9 05 .3 0 0 8 | m oz a i c re a l t y. c a
M O Z A I C R E A LT Y G R O U P
CLOSER LOOK TO OUR FLOOR-PLANS Landon, Hudson, Casa
the
* Click on floor plan thumbnail to view the full detailed floor plan PDF.
LANDON 1565 sq ft
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