MAR 4 - APR 1, 2016 VOLUME 19, ISSUE 3, FREE
CALGARY EDITION
INSIDE THIS ISSUE
THE 5 WORST MORTGAGE MISTAKES YOU CAN MAKE
NEIGHBOURHOOD PROFILE: SUNNYSIDE & KENSINGTON
WHAT TO LOOK FOR IN CONDO CONVERSIONS
BUILDING 5 IMMEDIATE POSSESSIONS
THE WAIT IS OVER Ask about our NEW staged deposit program. Visit a sales centre for details
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starting at $1.4 million
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MY NAME IS
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“My humans are so smart. Our front yard is a park. We love the local neighbourhood and cafés and especially the 5 acre park.” Mark and Martha are professionals who appreciate all the advantages of downtown living available at Park Point without giving up a beautiful yard. Now they can work and play from a lovely new home, enjoy the views and convenience of living right on a park – and walk everywhere. Another way that Park Point is raising the bar on lifestyle, quality and value in Calgary.
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This is not an offering for sale. Any such offer can only be made by way of condominium documents and/or disclosure statement (where applicable). E.&O.E. ™ denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc.
Inc.
contents MAR. 4 - APR. 1, 2016 | VOLUME 19 ISSUE 3
11
ON THE COVER
Remington Development Corp. + online NEIGHBOURHOOD
HOME SEARCH
property proďŹ les MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
MAPS
16
Brookfield Residential
Regatta in Auburn Bay set to launch in March
trending
22 Homebuying
WITH
DYNAMIC
The Gates in Quarry Park
LOOK FOR THE CIRCLE
5 reasons 2016 is a good year to buy a home
42 Qualex-Landmark
Park Point wins two awards at The Internationals
48 Trending Online
Multifunctional spaces that serve a dual purpose
52 Mattamy Homes
Mattamy becomes major partner with Cycling Canada
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani SENIOR SALES MANAGER, ALBERTA
Shelley Balla EDITOR
Wayne Karl Lydia McNutt (on leave)
16
ART DIRECTOR
Daiana Garay CONTRIBUTING EDITORS
Elisa Krovblit Sara Duck (on leave) DESIGN EDITOR
Yanic Simard MEDIA CONSULTANT
Natalie Houghton 587.226.1313 Like us on Facebook: search: CalgaryNewCondoGuide PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Greg Van Sluytman GRAPHIC DESIGNER
Miguel Cea
2891 Sunridge Way N.E. Calgary, AB T1Y 7K7 ypnexthome.ca
36 advice
in every issue
18
10
Contemplating Condominiums
What to look for, and look out for, in condo conversions
46 Neighbourhood profile Sunnyside-Kensington: a welcoming and thriving community
By Linda Palfi
30 Calgaryism
Three reasons to consider buying a home in Legacy By Cody Battershill
44 Mortgage Advice
The five biggest mortgage mistakes to avoid By Alyssa Richard
inspiration
36
Style File
Sweet dreams By Kait Kucy
what’s online
57
Trending now
More stories, videos and photos
Editors’ Note
58 Advertiser Index district maps
15
Southeast Map
29
Southwest Map
33
Northwest Map
43 Inner City 51
Satellite Communities
55 Northeast Map
ADVERTISING RATES
T 587.226.1313 email natalie.houghton@ypnexthome.ca CIRCULATION 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. COPYRIGHT 2016 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. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada. Editorial Submissions from interested parties will be considered. Please submit to Susan.Legge@ypnexthome.ca The views and data expressed by columnists do not necessarily represent those of the publication
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Cody B
Editors' Notes
SUNNYSIDE & KENSINGTON
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
MORE PHOTOS ONLINE ypnexthome.ca/sunnyside-kensington
Exploring new neighbourhoods A wanna-be adventurer at heart, I relish exploring new neighbourhoods on a bicycle. It’s been my main mode of transportation since I was little. I’ve been lucky over four solid decades to discover the good, the bad and the unexpected side of a neighbourhood thanks to my two-wheeled friend. With bike sharing services such as Bixi and VeloGo, it’s easier than ever to discover a neighbourhood in metropolitan areas across the country. Faster than walking, easier than transit – when you really want to understand what a neighbourhood is
all about, nothing beats a simple ride around the area. For those who want to explore some of Canada’s top neighbourhoods even more intimately than by bike, surf your way to YPNextHome.ca to check out our team’s top featured neighbourhoods. With more than 2,700 different neighbourhoods to discover, along with thousands of condominium, rental properties and homes for sale, your adventure begins right here. Let us know what you think. We’d love to hear from you!
Real estate proves its worth over time
WAYNE KARL Senior Editor
Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social 10 YPNEXTHOME.CA
Since 2016 is a leap year, we thought it would be interesting to examine Canadian home price growth by looking at four-year intervals. In a story on YPNextHome.ca, we’ve done just that – we’ve gone all the way back to 1984 – and the home price growth is staggering. If you’ve ever heard the axiom, “Don’t wait to buy real estate, buy real estate and wait,” this story will define its meaning. You won’t believe it. We looked at market by market average home price growth, and while the usual
suspects – Toronto and Vancouver – are among the leaders, other areas, including Calgary, demonstrate their value. The growth over such a long period of time is impressive, if not expected. But when you look at it in four-year windows, you see variable growth rates and regional vacillations. This speaks to the importance of economic and job growth as key drivers of real estate. And more than anything, the exercise underlines the value of real estate over the long term.
Interact with us on social media: ypnexthome
Property Profile | REMINGTON DEVELOPMENT CORP.
cover story
The Gates in Quarry Park offers luxury, space and immediate possessions AN EXCEPTIONAL BOUTIQUE-STYLE CONDO located in one of most desirable communities in southeast Calgary is providing buyers affordability without compromising on space, quality and features and the unique opportunity of immediate possessions. Discerning buyers are able to enjoy luxury and convenience in a beautiful natural setting with The Gates, a three-storey, 32-suite apartment-style condo crafted by
Remington Development Corporation in Quarry Park – a community that offers a perfect balance of homes, offices, retail and natural greenspace nestled alongside the Bow River. “What is exciting about The Gates is the building is complete so we have immediate possessions available,” says Adrienne McGarvey, manager of residential marketing. “We’re also now more than 50 per cent sold and all of our purchasers to this point have moved in.” The Gates has an upscale French Heritage architecture on the exterior, “but the suites have bright, modern interiors with a classic look that people really like,” McGarvey says. “We find that many of the younger buyers are attracted to the location and price (starting at $320,000s plus GST), but we’re also getting a number of empty-nesters who adore the larger suite sizes, the high-end quality and the maintenance-free lifestyle.” Adding to The Gates appeal is the completion of a fabulous water feature, which runs in the median along Quarry Gates and complements the view from the south MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 11
facing units. “This water feature is beautiful with rocks and a waterfall and it sounds very tranquil,” she says. Despite being more than half sold, buyers have a good selection of suites to choose from, with one-bedroom plus den at 770 sq. ft., two-bedrooms from 1,020 sq. ft. and one-three bedroom at 1,315 sq. ft. McGarvey says one of the most popular plans (D plan as shown) is a 1,060-sq.-ft., two-bedroom/two-bath design that presents “a very efficient, functional layout ideal for two people sharing because the bedrooms are separated for privacy,” McGarvey describes. “There’s lots of storage in the U-shaped kitchen and it has a good-sized laundry room.” Regardless of the plan, each offers an open concept with high quality interior design and finishes. Well-appointed kitchens feature granite or quartz countertops, Frigidaire professional stainless steel appliances, pantries and islands with breakfast bars. There is also substantial storage and space so even one-bedrooms can fit a king-sized bed. Suites on the first two floors have nine-ft. ceilings while thirdfloor suites have 11-ft. ceilings allowing for over-sized windows. The suites also come with generous balconies – some suites have two balconies – and main-floor suites have private patios with gates providing immediate access to greenspace.
12 YPNEXTHOME.CA
In addition, every purchase includes a parking stall and storage unit and additional parking stalls are available for those with a second vehicle. Residents of The Gates are only a few minutes’ walk to The Market in
Regardless of the plan, each offers an open concept with high quality interior design and finishes. Quarry Park, which offers a variety of shops, services, restaurants and a Co-op grocery store. Plus residents can enjoy more than 80 acres of parkland, including a 50-acre natural area alongside the Bow River, pathways that provide access to the river and Carburn Park. As well, construction of a new YMCA with library is ahead of scheduled and slated to open in July. “Remington created a canal in Quarry Park and residents can walk alongside it and under a bridge that is reminiscent of Paris to access the YMCA,” McGarvey says. Quarry Park is also just minutes away from major routes for an easy commute, has bus service connecting to downtown and the LRT, and a future LRT station is planned for the community. For more information about The Gates, or to view the showsuite, call 403.930.6900 for opening times or to book an appointment, or visit remingtoncorp.com/residential
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 13
CENTRE STREET
F RI
AIRPORT
MCKNIGHT BLVD.
68 STREET
LA UR TRA IE BL VD IL .
14 STREET
WC HIL D
32 Ave
16 AVENUE
16 AVENUE
12 AVENUE
SOUTHEAST COMMUNITIES RIVE RIAL D
MEMO
RIAL D RIVE
36 STREET
MEMO
17 Ave
13 REGATTA BY BROOKFIELD RESIDENTIAL
52 STREET
ELBOW DRI VE
BLACKFOOT TRAIL
17 Ave
109 Auburn Meadows Dr. SE
14 BOULEVARD TOWNES BY BIRCHWOOD
MacLEOD TRAIL
116 Quarry Park Way SE
GLENMORE TRAIL
09
14
ANDERSON ROAD
DEERF
18 THE GATES BY REMINGTON DEVELOPMENT CORPORATION
02 11
16 AIL
TR
17
12
LEO AIL
07 03
20
13
N
06
22
AUBURN BAY
SETO
13
15 LEGACY
MAHOGANY
10
16
CRANSTON
05 WALDEN 01 04 23 26 24
W ST. 52
D TR
VITT
McKE
E
CHAPARRAL
COPPERFIELD
TRAIL
N F LOR UIS O
MARQ
6 Mahogany Terrace SE
347 MacKenzie Towne Gate
NEW BRIGHTON
M
K PA RK
Mac
S JAME
SHAWNESSY BLVD.
114 AVE SE
TTO BO
08 CR21 EE
16 SANDGATE
17 MOSAIC MIRAGE BY BROOKFIELD RESIDENTIAL
OOT T RAIL
W BO
FISH
84 STREET
18
52 STREET
19
SOUTHLAND DRIVE
52 Legacy Gate SE
BARLOW TRAIL
GLENMORE RESERVOIR
15 LIVINGSTONE TOWNES BY TRICO COMMUNITIES
D. BLV
Presentation Centre: 350 Quarry Park Blvd SE
19 CHAMPAGNE BY REMINGTON DEVELOPMENTCORPORATION Quarry Park Blvd SE remingtoncorp.com
20 ORIGINS AT CRANSTON BY STREETSIDE DEVELOPMENTS 111, 100 Cranfield Common SE NOW SELLING
25
21 ALTURE MIDCITY BY ALTURE PROPERTIES 01 CRANSTON RIDGE BY CARDEL LIFESTYLES
Corner of Cranford Dr and Cranston Gate SE Register: www.cardellifestyles.com/ cranston-ridge
07 AUBURN WALK BY CARDEL LIFESTYLES
Showsuite and Sales Centre Corner of 52nd Street and Auburn Meadows Dr. SE
15233 1 Street Southeast midcitymidnapore.ca
22 MAHOGANY STREET TOWNS BY HOMES BY AVI 13 Marine Dr SE
08 THE MORELLO
23 LEGACY PARK BY BRAD REMINGTON HOMES
03 MUSKOKA BY BROOKFIELD RESIDENTIAL
09 BRISTOL TOWNHOMES BY BIRCHWOOD NOW SELLING
24 JACKSON BY AVI URBAN
04 LEGACY GATE BY CARLISLE GROUP
10 CANOE BY AVI URBAN
02 COPPERFIELD PARK BY BRAD REMINGTON HOMES 279 Copperpond Common S.E.
65 Auburn Meadows Way
210 Ave. SE www.legacygate.ca
05 LEGACY STREET TOWNS BY HOMES BY AVI 42 Legacy Blvd SE
06 CRANSTON BY AVALON MASTER BUILDER 442 Cranford Park SE
15207 1st SE themorello.ca
Register at: mylegacypark.ca
232 Quarry Park Blvd. SE
Coming soon to Walden
25 RIVERSTONE MOSAIC BY BROOKFIELD RESIDENTIAL 98 Cranbrook Dr. SE
103 Auburn Meadows Dr.
26 WALDEN PLACE BY CARDEL LIFESTYLES Coming Soon
11 CHALET NO. 6 BY HOPEWELL
Registration www.cardellifestyles.com
646 Copperwood Blvd SE
12 EBONY CONDOS & TOWNHOMES IN MAHOGANY BY JAYMAN MODUS 291 Mahogany Way
Move in today!
Condos starting from $169,900 www.copperfieldpark.com 403.723.0094
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 15
Property Profile | BROOKFIELD RESIDENTIAL
Brookfield Residential launching
Regatta in Auburn Bay in March Location
Auburn Bay Builder
Brookfield Residential Development
Regatta Home Type
Condo Sales Centre
109 Auburn Meadows Drive SE Contact
403.462.1396 RegattaAuburnBay.ca
16 YPNEXTHOME.CA
BROOKFIELD RESIDENTIAL is launching its newest offering in Auburn Bay in March providing an opportunity for condo buyers to experience upscale living at an affordable price in an established lake community. Brookfield Residential is excited to celebrate the grand opening of its presentation centre and showsuite on March 19 and launch sales for Regatta, which will consist of 168 apartmentstyle condos in three, four-storey buildings and 56 townhomes. “We’re launching Regatta on March 19 and we’ll be bringing a fresh start to your weekend with a morning event, from 10 a.m. to 2 p.m.,” says Kelly Halliday, business development manager. “We’ll have gourmet coffee and
pastries, fun games and a surprise or two for people taking a look at the development. With a radio remote from Country 105, it’s sure to be a great time to see one of the most exciting condo developments in the southeast. “We’ve had strong registration to Regatta’s website with people who are excited to learn more about the development and see our showsuite,” she says. “The showsuite is a great way for homebuyers to picture themselves in their future home! People love the location and are eager to attend the upcoming launch.”
Regatta is Brookfield’s fourth multifamily project in Auburn Bay, but its first apartment-style condo. The first building will have 48 condos offering nine floor plans, ranging from 552 to more than 1,000 sq. ft. and priced starting from the upper $100,000s for one-bedrooms and in the mid $200,000s for two-bedrooms. “This development really appeals to our first-time homebuyers, who may be renting or living with family, and are looking to put down roots and call something their own,” Halliday says. “We’re also seeing people looking to downsize or move into a smaller home, and who want to stay in the area that they’ve loved for so long. Regatta is a low-maintenance home, so you can really free up time to spend with your family and friends.” One of the most unique features Regatta offers is Co-Gen Energy, or combined heat and power, “which takes advantage of the thermal energy
produced while producing on-site electricity to provide hot water and heat for the building,” Doug Owens, director of operations, explains. He notes the benefit to residents is three-fold: “It provides energy resiliency, limiting the effects of volatile energy prices and protects residents, translating into cost savings; it reduces greenhouse gas emissions; and, if there is a power failure in the city, it will provide power and heat in the building.” Buyers will also appreciate the high standard specifications of the interiors that include quartz countertops in the kitchen, maple cabinets, stainless steel appliances, tile backsplash, vinyl plank flooring in main living area, tile floors in the bathrooms and laundry room and they can choose from three colour boards. Every kitchen features an island or peninsula with breakfast bar seating, and each suite has a balcony with
a gas line and in-suite laundry with stacked front-load washer and dryer. The building offers secured, underground heated parking and above ground stalls. Residents will enjoy onsite amenities of a bocce ball court, dog wash station and a large courtyard area, plus having access to all the best of Auburn Bay, such as the lake and the residents’ association. Regatta offers an attractive location with close proximity to Stoney Trail, 52 Street and Deerfoot Trail. It’s across from Auburn Station that will be anchored by a Co-op and include the future LRT, and close to shopping in nearby Seton. For more information on Regatta in Auburn Bay, visit the presentation centre and showsuite at 109 Auburn Meadows Drive S.E., Monday to Friday 2 to 8 p.m., and weekends and holidays noon to 5 p.m. MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 17
Advice | CONTEMPLATING CONDOMINIUMS
“Conversion” condo bargains But take a little extra care By Linda Palfi
MORE ADVICE ONLINE ypnexthome.ca/news/advice
FOR THOSE WHO CANNOT afford
brand-new condominium homes, bargains are sometimes possible with “conversion” condo developments. Existing rental apartment buildings and townhouses can be surveyed, with each suite or townhouse being granted a certificate of land title. They are then “converted” to condominium homes for individual sale. These developments create affordable opportunities for people who might otherwise always rent to become homeowners. Yet, because conversions change the legal nature of existing buildings, the structure and mechanical systems can be as much as 100 years old. Historic apartment buildings, churches and warehouses can become funky condo apartments or lofts. Home shoppers should balance the lower prices of conversion condos against the future expense of maintaining an older building. Before signing, or during the 10-day “rescission” period, the buyer should learn how the building was originally constructed, what modernization has been done, and what may still need repair or replacement in future. A measure of diligence is required, compared to buying a new or resale condo. In the first case, of course, it’s brand new, and likely comes with a new-home warranty. In the case of an existing resale condo, there is a history of reserve-fund saving, spending, and minutes of board and annual general corporation 18 YPNEXTHOME.CA
meetings that will disclose what mechanical issues exist, and what’s being done about them. In the case of conversion condos, there are disclosure requirements in the Condominium Property Act, but there’s no history available of how the building was built or maintained over the decades. There’s also a limit to potential savings when buying a conversion condo. The myth is that refurbishing old buildings is cheap. In fact, the cost of meeting modern building and fire-safety codes can be staggering. Some conversion condo homes, especially loft-style, can cost more than brand new construction. Yet most conversions are of modest buildings, decoratively upgraded for sale, leaving some mechanical issues for the home buyers to deal with when they are owners. If developers fixed everything, the price of the condo homes would be out of reach, and then the “substantial renovations” (federal tax law) would even require payment of GST on each home’s sale price. Of course, we don’t want that. Good value is definitely possible for buyers of most condo conversion developments. Yet buyers need to know the nature of the construction and the age of the mechanical systems that were left in place. A realistic reserve fund needs projection is always important, but even more so for conversion condos. Here are some questions I ask on behalf of my buying clients. » Was the building a rental property with low-quality original construction, or was it a condo development that failed to sell in the recession of the 1980s, and so became rental? » Is the structure concrete or wood? If it’s wood, is it wooden two-by10-in. floor joists or structural floor joists? Are the floors covered with
some sound-deadening concrete? Is there insulation between floors? Are suite walls and hall walls double-wall systems or single? » Even concrete post-and-slab buildings rarely have concrete between suites, so see the above point again. » If concrete, is it reinforced with rebar rods or “post-tensioned” cables? If the latter, read the current engineering assessment of the cable systems. Confirm that CMHC will insure mortgages in the development, because that agency is shy of unmonitored P-T cable systems in condo buildings. » How old are the elevator, the various piping systems, the heating boilers or furnaces, make-up air system (for hallways), roof, paving and sidewalks? What of these was replaced, patched or left untouched? » Is a professional and realistic study in place to project further needed work, and are condo fees adequate to fund those projects? Is the developer putting some of the buyers’ money into the reserve account to give them a start? Will special assessments likely be needed in future to cover such additional costs? While “buyer beware” always applies, the physical situation is more complex in a conversion building than in new construction. While a saving can be obtained over new construction, that’s balanced by more uncertainty and somewhat higher condo fees for the additional maintenance and capital reserve that older buildings require. Linda Palfi is a condominium specialist realtor with Discover Real Estate. She is the chair of her condo board, and a member of the professional standards committee of the Calgary Real Estate Board. Visit condosincalgary.com or call 403.998.7732
A Man Walks Into An Alberta Bar…
...and sits down between two strangers. They
measure of choice, today’s buyers are choosing
get talking and he mentions he is thinking about
from an additional 6,000 MLS listings (Canadian
buying a home. His two new friends then turn to
Real Estate Association) and 1,200 move-in
him and say, “Don’t do it.”
ready, new housing units (Canada Mortgage and Housing Corporation).
Recent statistics indicate that these conversations are currently playing out this way across the
If oil prices have taught us anything in the last
province as 66% of Albertans reported in January
year, it’s that greater supply leads to greater price
that they do not believe now is a good time to
flexibility and so homebuyer bargaining power is
buy a home (Conference Board of Canada).
stronger today as well. Ultimately, if the idea of
Interestingly enough, had this conversation taken
lowering home prices is convincing Albertans that
place one year ago, this potential buyer would
buying conditions are worse, well, it shouldn’t.
have found more support for making a major
As it stands today, the general expectation for
purchase as only 48% of Albertans thought that
the province’s real estate market moving forward
it was a bad time to buy in January 2015.
consists of lowering levels of market supply and more balanced market conditions between
One can argue that a lot has changed since
buyers and sellers. This shouldn’t come as a
then, from political landscapes to economic
surprise if you’ve been following new housing
expectations, etc. However, when you look at
starts in the news.
the question as to whether or not it’s a good time to buy a home in Alberta, you have to wonder
Now, with all of that being said, the standard
what people are basing their opinion on today?
home-purchasing rule about feeling comfortable with one’s financial capability to handle a
In reality, Alberta’s housing market is more of a
mortgage over its term still applies today. So if
buyers’ market today, by comparison to one year
you’re feeling confident from this aspect, then all
ago, by every defining measure. For instance, by
jokes aside, today is a good day for you!
Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence, which includes full research, marketing and sales / leasing services for the real estate industry.
intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk
FOLLOW US ON
Our Calgary office is now open!
Zen
Zen CG20160219.indd 1
18/02/2016 09:39
Trending
5 reasons 2016 is a good year to buy a home in Canada
MORE TRENDING ONLINE ypnexthome.ca/news
By Wayne Karl WHY IS 2016 A GOOD YEAR TO BUY A HOME IN CANADA? Let us count the
ways. 1. Low interest rates In its latest rate announcement on Jan. 20, the Bank of Canada held its target for the overnight rate at 0.50 per cent, citing a setback brought on by a decline in oil and commodities prices. BoC expects the economy to grow by about 1.5 per cent in 2016 and 2.5 per cent in 2017. Some experts, such as Benjamin Tal, deputy chief economist at CIBC World Markets, even anticipated the Bank would reduce the rate. Though it didn’t happen then, he still expects interest rates to remain low through 2016, if not fall.
At least one lender, in Ontario, even recently introduced what it says is the lowest posted fixed mortgage rate on the market – at 1.69 per cent for a one-year term. The BoC’s next rate announcement is March 9. 2. The upside of down prices When the The Canadian Real Estate Association (CREA) released its latest statistics on Feb. 16, one number jumped off the page and into the headlines: 17 per cent – the rate by which the national average sale price rose on a year-over-year basis in January. “Holy,” prospective homebuyers might have thought, “how will I ever be able to buy a home if this keeps happening?”
The key thing to look for when you see such news, however, is what’s happening in your market. Real estate is local, not national. You don’t buy the Canadian market, or even a provincial or regional one. You buy one home in one location. Excluding British Columbia and Ontario from CREA’s January stats, the national average sale price actually declined slightly, by 0.3 per cent. Economies and housing sectors in markets such as Calgary, Edmonton and Saskatoon are feeling the pinch of the extended slowdown in oil and gas. For existing homeowners, of course, this isn’t great news, as average home prices in Calgary dropped 3.05 per …continued on page 24
SHOWSUITE NOW OPEN!
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*Rendering is artist’s concept only and may be subject to change. Price subjects to change without notice. E.&.O.E.
VISIT OUR SALES CENTRE AT 52 LEGACY GATE SE • 403.460.7930 • www.livingstonetownes.com
DATE:
F I L E
N A M E S
A R E
F O R
I N T E R N A L
U S E
O N LY
…continued from page 22
cent year-over-year in January; in Saskatoon, they fell 2.11 per cent. For prospective buyers, however, this means opportunity. Naturally, buyers might not too jazzed about getting in when prices are dropping, fearing their home’s value will go down after they purchase. But look at the longer term. In Calgary, prices have increased 14.29 per cent over the last three years; in Saskatoon, 2.07 per cent. Home Price Index Benchmark Price January 2016
% change 1 month
% change 12 months
% change 3 years
BC Lower Mainland
MARKET
$681,500
1.8%
19.6%
28.22%
Greater Vancouver
$775,300
1.76%
20.56%
31.58%
Calgary
$444,000
-0.93%
-3.05%
14.29%
Regina
$281,600
1.27%
-0.68%
-7.69%
Saskatoon
$303,100
-0.48%
-2.11%
2.07% 27.44%
Greater Toronto
$578,400
0.74%
10.69%
Ottawa
$328,400
0.07%
1.10%
1.59%
Greater Montreal
$302,000
-0.25%
1.48%
4.04%
Greater Moncton
$159,900
0.67%
6.57%
7.16%
CANADA
$512,600
0.60%
7.73%
18.71% SOURCE: CANADIAN REAL ESTATE ASSOCIATION
3. The hot gets hotter The Toronto and Vancouver housing markets continue to roll along, recording record sales and prices. If you live there and you’re fortunate enough to be able to buy, particularly in the lowrise category, the forecasts for 2016 are for more growth. Again looking at the CREA’s stats for January, B.C.’s Lower Mainland and the GTA contributed most to the national increase. Greater Vancouver (20.56 per cent) and the Fraser Valley (16.94 per cent) posted the largest gains, followed by Greater Toronto (10.69 per cent). Longer-term performance for these markets is off the charts. Greater Vancouver average home prices rose 20.56 per cent in the last year, 31.58 per cent over the last three years. For the GTA, the figures are 10.69 and 27.44 per cent, respectively. 24 YPNEXTHOME.CA
Housing starts – an important indicator of economic health – continue to hum along in Ontario, up slightly in January, according to Canada Mortgage and Housing Corp. Vancouver’s are a little more challenged, holding steady overall, but increasing in single-detached starts and declining slightly in multifamily units in January. 4. History is on your side Have you ever heard the adage, “Don’t wait to buy real estate, buy real estate and wait,” but aren’t sure what it means, exactly? While there are no guarantees, in short, real estate in Canada is a proven performer over time. Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in
eastern Canada have performed well over time, thank you very much. 5. Spring is around the corner Spring in real estate is typically “busy season.” While it’s largely been a mild winter in much of Canada, the warmer weather and longer days generally encourage more activity in the market. Those who were thinking of selling but delayed through the winter months might now throw up that “For Sale” sign. Those looking to buy are similarly more enthused about getting out and looking around when the weather is nicer, and when, coincidentally, listings usually increase. Even on the new-home front, builders often use the spring season to launch new developments, and to add incentives for any remaining inventory in existing communities.
SMart buy THOUGHTFULLY DESIGNED FLOOR PLANS
ENJOY THE BENEFITS OF LIVING IN AN ESTABLISHED COMMUNITY
EVERYTHING YOU NEED JUST STEPS FROM YOUR FRONT DOOR
1, 2 and 3 bedroom floor plans from ±616 to ±1263 sqft. Enjoy walk-in closets in all master bedrooms and spacious balconies in each suite.
Pathways wind throughout Cranston, connecting green spaces and playgrounds, Fish Creek Park and more than 100km of trail.
With a grocery store, coffee shop, bank, gas station, and restaurants just steps from Origins at Cranston, your weekend errands just got a lot easier!
CRANSTON CONDOS Starting from the
$190’s
(plus GST)
PRESENTATION CENTRE
111, 100 Cranfield Common SE Mon - Thurs: 2pm - 8pm Sat - Sun: 12pm - 5pm ph. 403-475-2181
One major benefit to living in Cranston is that the community is established unlike a brand new community, there’s no waiting for a grocery store or coffee shop to be built. All the amenities we need are right outside our door!
originscondos.ca
buy with confidence
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now selling in 13 locations across alberta CALGARy & AREA ALBERT PARK STATION Downtown Calgary EMERALD SKY - NW Calgary LEGACY GATE - SE Calgary STONECREEK LANDING - Cochrane CREEKSIDE vILLAGE - Airdrie Please visit our website for all locations
carlislegroup.ca
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Get What You Want, When You Want It. Move in now or in 30, 60, 90 days. Up to $10,000 of upgrades included.
LUXURY AT PRICES YOU CAN AFFORD
1025sq.ft. OF LUXURY LIvING SPACE 2 BEDROOMS • 2 BATHROOMS • UNDERGROUND PARKING INCLUDED FROM THE
$200’s Plus GST
PAYMENTS FROM $347 BI-WEEKLY* *(based OAC, 20% down, 2.59% 25 year mortgage)
(DEPENDING ON LOCATION AND uNIT TyPE)
CITY SCAPE CORNER UNIT UNDERGROUND HEATED PARKING
OUTLOOK
NATURAL LIGHT-FILLED LIVING SPACE
DREAM 10' 5" X 10' 3"
EXPANSIVE BALCONY
CONNECT
MODERN OPEN CONCEPT LIVING SPACE LINEN
11' 10" X 13' 9"
INVITING BREAKFAST NOOK
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DESIGNER TILE FLOORS
11' 0" X 11' 2"
SPACIOUS WALK-IN CLOSET
GREET WORK
ENSUITE MASTER SPA BATH WITH ELEGANT GRANITE COUNTER TOP
WIC
7' 1" X 7' 10"
SPA
LARGE WORKING SPACE
For more information and showsuite locations visit:
CarlisleGroup.ca 403.571.8426
Glas CondoGuide 20160219.indd 1
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CALGARY INTERNATIONAL AIRPORT
64 Ave
16 AVENUE
ORE
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771 Patrick St. S.W.
36 STREET
17 Ave
14
02
07
08
05 15 11
09
GLENMORE RESERVOIR
102, 1808 27th Ave. SW
08 ALEX BY ASSURED COMMUNITIES
Presentation Centre: 2719 14th St. SW
ANDERSON ROAD
DEERF
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98 Mission Road SW mission34.ca
10 VIVACE BY STREETSIDE DEVELOPMENTS
11 JUNO BY AVI URBAN
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AIL D TR LEO SHERIFF KING ST. SW
VITT
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Presentation Centre: 2118, 8561-8A Ave. SE
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SHAWNESSY BLVD.
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06 LEGACY PARK BY BRAD REMINGTON
Register at: mylegacypark.ca
SOUTHLAND DRIVE
FISH
#101, 11 Burma Star Road
07 GLAS BY AVALON MASTER BUILDER
BARLOW TRAIL
NM
13
04 THE LANDINGS BY STATESMAN
05 OVERTURE ESTATE IV E CONDO LIVING IN DR CURRIE BARRACKS BY JAYMAN MODUS
ME M O R I AL
37 STREET
GLE
69 STREET
85 STREET
10
16 AVENUE
MacLEOD TRAIL
SARCEE TRAIL
4
BLACKFOOT TRAIL
OLD BANFF COACH ROAD
32 Ave
EDMONTON TRAIL
E
14 STREET
ENU
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16 A V
CENTRE STREET
SOUTHWEST COMMUNITIES
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1020 194th Ave S.W. www.hunterhouseliving.com
02 BROOKLYN CONDOMINIUMS BY TRICO HOMES
03 WALDEN PLACE BY CARDEL LIFESTYLES
Coming Soon Register www.cardellifestyles.com
12 SANDERSON RIDGE ON FISH CREEK PARK BY TELSEC 2330 Fish Creek Blvd. SW www.sanderson-ridge.ca
01 HUNTER HOUSE BY STREETSIDE DEVELOPMENT
1710-28 Ave. SW www.brooklyncondos.ca
Sales Centre in Currie Barracks J5, 2953 Battleford Ave. SW
13 ALTADORE 36 BY BROOKFIELD RESIDENTIAL
36th St. & 16th Ave SW Register Now www.altadore36.com
14 MAX TOWNHOMES BY ASSURED DEVELOPMENTS 1605 25 Ave SW
15 THE ARMORY BY COVE PROPERTIES Currie Barracks
Condos from the low $100’s www.mylegacypark.com 403.931.8558 MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 29
09:34
Advice | CALGARYISM
3 reasons to buy a home in Legacy By Cody Battershill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
HAVE YOU THOUGHT about
purchasing a new suburban home in Calgary lately? If so, it could be advantageous for you to buy in today’s market conditions in a place such as Legacy, for example – a fairly new community in southeast Calgary with much to offer. Here are three reasons why you should consider buying a piece of real estate in Legacy. 1. A property type for everyone West Creek Developments latest community project has been a huge hit for people from all walks of life because of the variety of real estate and price ranges it has to offer. It could be a one-bedroom, onebathroom condominium that you are looking for as a first-time homeowner or perhaps you and your young family would like a step-up home with some more space. It could be that you are an empty nester looking to downsize to a townhome or just want more out of your place and prefer a semi-estate upscale property with a walk-out basement on the ridge. Whatever your desire may be, chances are that you can find that type of property in Legacy and it will be selling at a competitive market price. Also, there aren’t just one or two home builders currently operating in Legacy, but several, each with their own unique style of floor plans and interior/exterior designs. This ensures you can find a home that will suit your wants, needs and lifestyle best. 30 YPNEXTHOME.CA
2. Easy access to prairies, foothills and mountains You might prefer living in edge-oftown suburban areas like Legacy because you work outside of the city and such a location makes it easier getting there and back. Maybe you just simply love the quick-and-easy access to the great outdoors and the recreational opportunities that places like Kananaskis Country have to offer. Either way, Legacy’s brim-of-thecity location makes it as simple as jumping onto Hwy. 22X or Stoney Trail to reach places such as Airdrie, Bragg Creek, Canmore and other destinations outside of Calgary with minimal or no delay because you avoid basically city traffic all together. 3. Abundance of nearby amenities Legacy may be on the brim of the southeast quadrant, but it definitely is in no shortage of nearby amenities and services. Places such as Shawnessy Shopping Centre, 130th Avenue SE and the South Health Campus are but a few minutes’ drive away, while
up and coming amenities like those being built on Seton Boulevard SE to accommodate Auburn Bay and Mahogany residents are just as close – if not closer than the previous ones mentioned. Let’s not forget about Fish Creek Provincial Park and its nearly 14 square kilometres of outdoor park area that includes a man-made lake (Sikome Lake), trails of all sorts, picnic areas and more. Find it all within a short drive from your front door step in Legacy. Over the years, Legacy has grown into a thriving family-oriented community where families are choosing to stay for the long term. Is it time to make this neighbourhood your new home? Cody Battershill is the founder of Calgaryism and a top producing realtor at ReMax House of Real Estate. Born and raised in Calgary, Cody has a passion for helping his clients accomplish their real estate goals and loves to show off the best Calgary has to offer! He can be reached at 403.370.4180, @Calgaryism on Twitter and calgaryism.ca
WITHOUT A SHADOW OF A DOUBT FR OM $ 2 9 4 ’S TO $ 1 . 7 M
Condo Guide _Feb 2016.indd 1
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LIFE HAPPENS ON THE INSIDE. So you’re looking for a condo or townhome that fits your life. Take a moment to think about this. Jayman has been building homes for 35 years and within this, for nearly 15 years we have proudly built over 1750 multi-family homes for purchasers to enjoy. Modus offers more choice with the largest combination of interior options, amenities, models, building styles, communities, price points and services. With choices like this your new home is really only limited by your imagination.
SO BUILD YOUR HOME AROUND YOUR LIFE NOT THE OTHER WAY AROUND.
W........................................................... I T H M O D U S Y O U G E T. . . ■ ■ ■ a solid and thoughtfully designed product based on 35 plus years of
industry experience
■ ■ ■ the best in industry interest rates. ■ ■ ■ into your home easier with our DOWN PAYMENT SAVINGS PROGRAM ■ ■ ■ an improved QUALITY OF LIVING with included amenities like gyms,
courtyards, parks, party rooms and more
■ ■ ■ a smooth transition with our complimentary MOVING VAN ■ ■ ■ help selling your home for the best possible market value: ■ ■ ■ one year JAYMAN SERVICE WARRANTY ■ ■ ■ to save money on LEGAL FEES AND DISBURSEMENTS
Condo Guide _Feb 2016.indd 2
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a true community experience Join Modus as we show you our world and interact with yours. Through fun contests, silly videos, unique ideas, community initiatives and our product showcases we genuinely would like your feedback, insight and participation. Feel free to ask us questions and tell us what you’d like to see from a homebuilder. While we are the builder you are ultimately the inspiration for what we do. So feel free to “like” us and dive right in. We’re looking forward to hearing from you!
FACEBOOK.COM/JAYMANMODUS TO KEEP UP TO DATE WITH EVERYTHING MODUS Condo Guide _Feb 2016.indd 3
2/24/2016 11:55:40 AM
------ N E W ------
IN ! E V IL O M PR A
CHOOSE OPTIONS AT DESIGN CENTRE
NEW SHOWHOME NOW OPEN
2 & 3 bedroom townhomes with single, tandem and double heated garage 15,000 SQ FT CENTRAL GREEN SPACE AMENITY TOT LOT, PATHWAYS AND BENCHES...
2 bedroom from $315’s | from $1387/month 3 bedroom from $343’s | from $1514/month • 1195 sq ft - 1725 sq ft • Ultimate of living with front and rear balconies on select homes • Single, tandem and double car garage • 6 NEW floor plans • 9’ ceiling • Stainless steel appliances • Washer & Dryer in laundry centre • Laminate flooring • Air conditioning • Hardwood flooring • Ceramic tile flooring plus much more available options
460 Nolan Hill Blvd NW jayman.com/carnaby Condo Guide _Feb 2016.indd 4
2/24/2016 11:55:46 AM
Cond
IN VE ! O W M NO
6 AM
--- 3 N E W --SHOWHOMES NOW OPEN
2 & 3 bedroom townhomes with single, tandem and double car garage NOW FOR SOMETHING COMPLETELY DIFFERENT 2 bedroom from $316’s | from $1400/month 3 bedroom from $353’s | from $1565/month • 1200 sq ft - 1698 sq ft • 9’ ceilings on main floor • Single, tandem and double heated garage • Flex room on select homes • Stainless steel appliances • Laminate and ceramic tile flooring • Granite countertops • AC Rough-in • Upper level laundry with washer & dryer
47 EvansRidge Court NW jayman.com/avira Condo Guide _Feb 2016.indd 5
2/24/2016 11:55:54 AM
IN E ! V O OW M N
--- OVER 90% --SOLD
AWARD WINNING 4 season lake community 2 & 3 bedroom townhomes with tandem & double heated garage 2 bedroom from $333’s | from $1472/month 3 bedroom from $353’s | from $1586/month • 4 floor plans • 1170 sq ft - 1649 sq ft • South facing living room and walkout entry to courtyard (select homes) • Walkout to dining room from courtyard (select homes) • Oversized kitchens and islands • Flex room • Upper level study area • Upper level laundry centre PREMIUM SPECIFICATIONS • Laminate & ceramic tile flooring • Granite countertops • Stainless steel appliances • Air conditioning
291 Mahogany Way SE jayman.com/ebony Condo Guide _Feb 2016.indd 6
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--- 3 N E W --SHOWHOMES NOW OPEN
BUILDING 1 95% SOLD
BUILDING 2 81% SOLD
BUILDING 3 33% SOLD
INNER CITY LIVING IN CURRIE BARRACKS 3 Building ~ 4 floors ~ Executive single level living 1- 3+ bedroom Residence and Penthouse Condos 870 sq ft to 1831 sq ft
from $454’s SPECIFICATIONS SET TO THE HIGHEST STANDARD EMBODY OUR COMMITMENT TO QUALITY • Airy 10’ ceiling heights • Quartz waterfall countertops • Engineered 5” wide solid hardwood flooring • Tile flooring • KitchenAid stainless steel high end appliances • KitchenAid stainless steel chimney range hood fan • Maytag front load washer and dryer • Painted ceiling • His n’ her sinks • Air conditioning • Oversized decks • Underground heated garage • Condominium Association Member - maintenance free lock and leave lifestyle
33 Burma Star Road SW jayman.com/overture Condo Guide _Feb 2016.indd 7
2/24/2016 11:56:04 AM
AT HOME, AWAY FROM HOME. Moving into a community or considering a move into a new community can be a challenge. It can be difficult to reorient yourself and find all of the things and places that provide comfort. So at Modus we’ve developed a simple solution. A mobile amenities application that allows you to find what you want, complete with phone number and GPS locator to take you straight there. So enter one of the community URLs or download our Modus Matrix app on your Android phone or iPhone and scan this page to give it a try!
DOWNLOAD MODUS MATRIX APP & SCAN THIS PAGE Condo Guide _Feb 2016.indd 8
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BUYING A HOME IS POSSIBLE! ASK US ABOUT THE JAYMAN MODUS DOWN PAYMENT SAVINGS PROGRAM The Jayman Modus Down Payment Savings Program is an opportunity to continue saving money towards your down payment while your home is being built. Program suitable for Pre-Sale homes and homes with 6 month + occupancy.
Example. Purchase March 2016 with occupancy September 2016 Purchase Price
Payment Structure
330,000 plus GST 16,500 (GST) 5,940 (Rebate if applicable) 340,560 5% down $17,028 1000 7,514
Deposit Hold March 2.5% (consolidation - approximately 10 days)
Remaining 8,514 staggered monthly until last payment 45 days prior to possession April 1702.80
Condo Guide _Feb 2016.indd 9
May
1702.80
June
1702.80 July
1702.80
August
1702.80
2/24/2016 11:56:15 AM
IN ES E V W! OM O H M NOECT L N
SE
NO CONDO FEES FOR 1 YEAR 5 YEAR FIXED
O
2.39% 2 & 3 bedroom townhomes with heated garage WHILE THE VIEW WILL TAKE YOUR BREATH AWAY THE PRICE LETS YOU BREATH EASIER 2 bedroom from $294’s | from $1303/month 3 bedroom from $325’s | from $1438/month • 3 storey; 5 NEW models • 1267 sq ft - 1593 sq ft • Single and tandem heated garage • 9’ ceilings • Open concept • Den/flex space on entry level • Oversized kitchen/dining areas • Stainless steel appliances • Upper level laundry centre with washer & dryer • Air conditioning, caesarstone countertops, laminate and ceramic tile flooring available • Private community BBQ/Fire pit area and garden
501 River Heights Drive, Riversong Cochrane jayman.com/rise Condo Guide _Feb 2016.indd 10
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PRE REGISTER FOR GRAND OPENING EVENT
Introducing Motif Townhomes, the latest in a distinct line of 2 & 3 bedroom Townhome communities by Jayman Modus.
Opening March 2016 Register at jayman.com/motif
12313 Redstone Street NE jayman.com/motif Condo Guide _Feb 2016.indd 11
2/24/2016 11:56:32 AM
The name Modus stands for how we do things. In the past 35 years we have learned that to improve the quality of our customers’ lives it’s important that we build around their lifestyles and not the other way around. This is how we do things. We are there for you through the entire process and have the experience and connections that no other multi family builder has. This ensures the smoothest transition possible during your home buying experience.
It’s just what we do.
SALES CENTRE HOURS MON TO THU 2 - 8 PM SAT/SUN 12 - 5 PM
jayman.com/modus /jaymanmodus
Condo Guide _Feb 2016.indd 12
2/24/2016 11:56:37 AM
Looking for a newly built condo? Selling and saving the commission means saying yes to extra square footage.
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NORTHWEST COMMUNITIES
AIL E
NOSE HILL PARK
CENTRE STREET
SARCEE TRAIL
FO OT TR A
IL
19
15 THE GROVES OF VARSITY BY STATESMAN HOMES
5353 Crowchild Trail NW 16 AVENUE
18 SONOMA AT SAGE HILL BY VERTICAL PROPERTIES
881 Sage Valley Boulevard IV E D R www.sonomasagehill.com
ME M O R I AL
36 STREET
21 LIDO BY BATTISTELLA
17 Ave
Sales Centre 1120 Kensington Rd
04 WILLOW AT SHERWOOD BY AVI URBAN Visit Sales Centre at 64 Nolan Hill Gate
22 AVIRA TOWNHOMES IN EVANSRIDGE BY JAYMAN MODUS
05 ARRIVE AT EVANSTON BY PARTNERS DEVELOPMENT GROUP Symons Valley Parkway please call 587-755-1166
470 Evansridge Court
GLENMORE RESERVOIR
BARLOW TRAIL
3503 Sage Hill Drive NW
ER
14 UNIVERSITY CITY
32 AveBY KNIGHTBRIDGE
BLACKFOOT TRAIL
03 VIRIDIAN BY TRICO HOMES
12 EMERALD SKY BY CARLISLE GROUP
MacLEOD TRAIL
ORE BY BUCCI TRA IL 2nd Ave and 10th St. NW
Register today: Ezraonrileypark.com
355 Kincora Glen Rd. NW www.emeraldsky.ca
ELBOW DRI VE
175 Panatella Hill NW 02 KENSINGTON GLENM
DE
HA RV BLVEST H D N ILLS E
CALGARY INTERNATIONAL AIRPORT
21
37 STREET
01 PANORAMA WEST BY CARDEL LIFESTYLES
450 Sage Valley Dr.. NW
11 EZRA ON RILEY PARK BY BIRCHWOOD PROPERTIES
W
02
11
355 Nolan Crest Heights
10 SAGE PLACE BY CARDEL LIFESTYLES
IL N
16 AVENUE
69 STREET
85 STREET
TRA
64 Ave
OLD BANFF COACH ROAD
09 NOLAN PARK BY CARDEL LIFESTYLES
EDMONTON TRAIL
AG AN SH
SE NO
Y TR
ENU
14 ST RE ET
CENTRE STREET
AIL TR NA PI
R. LD HIL
E STON 16 A V
08 CARNABY HEIGHTS TOWNHOMES IN NOLAN HILL BY JAYMAN MODUS
STONEY TRAIL NW
01 . BLVD S L IL H
NTRY COU BED DIN GTO N
JO HN CR LA OW UR 14 IE CH BLV ILD D. TR AIL
Sherwood Blvd at Sherwood Way NW Register Now www.thetimbers.gablecrafthomes.ca
460 Nolan Hill Blvd.
22
STONEY TRAIL NW
15
05
14 STREET
COUNTRY HILLS BLVD.
14TH ST NW
10 18 03 SY MO NS VA 08 06 07 LLEY RD 12 . 04
SYMONS VALLEY PKWY
09
85 ST. NW
ROCKY RIDGE BLVD.
144 AVE NW.
07 THE TIMBERS BY GABLECRAFT HOMES
SOUTHLAND DRIVE ANDERSON ROAD
DEERF
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M
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TTO BO
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AIL TR
AIL
TR OD
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SHAWNESSY BLVD.
VITT
McKE
ypnexthome.ca
S JAME
SEARCH ONLINE
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MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 33
Neighbourhood Profile
Sunnyside-Kensington A welcoming and thriving community
Fast facts
By Kait Kucy Family composition FAMILIES
COUPLES
SINGLES
54%
34%
12%
Own vs. rent
65% OWNERS
35%
MORE PHOTOS ONLINE
RENTERS
ypnexthome.ca/sunnyside-kensington
Average household income SUNNYSIDE AND KENSINGTON are
two of the most beautiful inner-city neighbourhoods you will find in Calgary. Steps away from the Bow River, residents find themselves in nature with an incredible view of downtown Calgary. This vibrant and bustling community is overflowing with great coffee, amazing food and fantastic retail. Lifestyle Sunnyside-Kensington has a vibrant and cultural lifestyle that encourages residents to be active and get outdoors with their family. It is a small-business owner’s paradise with a lot of support from the Business Revitalization Zone and other retailers. With its wide selection of great restaurants and cafes, you can expect to see the rest of Calgary flocking to this foodie hub on a regular basis. Vibe People often describe the area as half yuppies and half hippies — an exaggeration, perhaps, but the mix of luxury shops and high-end dining with indie coffee and consignment shops furthers that thought. 34 YPNEXTHOME.CA
Meet the neighbours Baby boomers meet hipster barisatas with a healthy dose of young families, resulting in a diverse, vibrant and cultured community. The area houses higher income professionals, while young artists and musicians also choose to call it home. An abundance of parks and schools make this area desirable for families that are active and passionate about living in a welcoming and flourishing community. In the area Living in this area is more expensive than other inner-city neighbourhoods. However you can still afford to get great food and coffee for a decent price. The Safeway grocery store is among the most expensive locations in the city, but the frequent local markets make it easy for consumers to buy produce directly from its source. Planes, trains & automobiles Sunnyside-Kensington is excellent for utilizing Calgary’s public transit system, with bus and train services catering to residents and visitors. A thriving cycling community means bikes are
$74,946
V
Car type
1 TOYOTA 2 HONDA 3 FORD SOURCE: ENVIRONICS
more visible on the roads and plenty of bike racks are dispersed throughout the neighbourhood. Cars are also welcome, thanks to the very busy 10th Street, but good luck trying to find parking in the area. Real estate The real estate market is booming in Sunnyside-Kensington. Beyond the beautiful heritage homes that inhabit most of the area, there are many renovation projects in the works along with brand new condo developments. There is also a fair amount of midcentury walk-up apartments that are ideal for renters. However, finding the right home might take some time due to low vacancy throughout the inner city.
BIG CASH INCENTIVES! GET CASH BACK ON YOUR NEW QUICK POSSESSION TOWNHOME
COTTON MODEL
$319
AT EVANSTON
VISIT OUR 4 SHOWHOMES 102 EVANSTON MANOR NW A HALF BLOCK W OF 14TH ST NW OFF OF SYMONS VALLEY PKWY
V I S I T O U R 2 N E W C OT TO N M O D E L S H O W H O M E S ! C A L L 5 8 7 -7 5 5 - 1 1 6 6
WINDSTONE MODEL
AT REDSTONE
$289
SHOWHOME 206 REDSTONE VIEW NE OFF REDSTONE WAY
O N LY A F E W L E F T AT T H I S P R I C E ! C A L L 5 8 7 -7 5 5 - 1 1 6 6
ASPEN MODEL
AT SKYVIEW RANCH ARBOURS
$279
SHOWHOMES 125 SKYVIEW RANCH MANOR NE OFF SKYVIEW RANCH BLVD
O N LY A F E W L E F T AT T H I S P R I C E ! C A L L 4 0 3 - 2 6 4 - 8 9 6 3 SHOWHOME HOURS: MON TO THURS 2PM TO 8PM WEEKENDS AND HOLIDAYS 12PM TO 5PM
MEMBER OF:
BUILT BY:
ARRIVEHOME.CA
Inspiration | STYLE FILE
SWEET DREAMS By Kait Kucy
IF YOU ARE LOOKING FOR SWEET DREAMS, you’ll find that they are not necessarily a product of your imagination but in fact made of soft linens, high thread count sheets and down feathered pillows. There is nothing quite like ending a day by retreating to your own personal oasis; a warm nest-like haven stocked with throw pillows, woollen blankets and cosy pajamas. The luxury of a bed well-made is not an impossible feat — in fact just by following a few simple guidelines and picking up a couple of bedtime essentials, you’ll have all of the bragging rights for a bedroom worth talking about. The mattress is always a great place to start. Life is too short to spend your time sleeping on an uncomfortable mattress. Studies show that we spend approximately 33
per cent of our lives sleeping, so you might as well find something that works for your lifestyle and provides comfort and warmth to you on a nightly basis. For exceptional relaxation, consider natural and breathable organic materials that keep you cool and comfortable while you slumber. Visit mattress stores and spend some time relaxing on their samples. Get the full run-down on what makes a mattress the right fit for your needs. You need to find a mattress with the right firmness, the right amount of give and the perfect support for your frame. Pocket coils, pillow-top, latex, boxspring — you’ll have to try them out and see what is best suited for you. Next up, you’ll want to invest in soft and comfortable sheets. With millions of options out there it is normal to …continued on page 40
36 YPNEXTHOME.CA
Possessions 2016 Stunning views
80% of 2 Bedroom Suites in the $200’s
Includes heated underground parking
EmeraldSky.ca
Sales Centre: 355 Kincora Glen Rd. NW Hours of Operation: Mon.-Thurs. 2-8 pm Sat.& Sun. 12-5 pm, Closed Fridays
The Lowest Priced Concrete Condos in Calgary
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NORTHWEST CALGARY’S NEWEST CONDOS
mar NOW SELLING the
IN SAGE HILL
mark the
101
in Sage Hill
CHOOSE FROM 5 SMARTLY DESIGNED FUNCTIONAL SPACES
FLOORPLANS RANGING IN SIZE FROM 600 TO 887 SQ. FT.
AMAZING LOCATION ADJACENT TO FUTURE BUS RAPID TRANSIT AND SHOPPING UPSCALE FEATURES
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CALGARY
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you can be confident that you are building with a company who pays the utmost attention to quality and service.
by Shane Homes
TR AIL N ST ON EY
PP I T R A I L N W ANA AG
TR N W
STONEY TRAIL NW
N
W
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SYMONS VALLEY P K W Y
SH
With over three decades of experience creating new neighbourhoods for families, through our parent company Shane Homes,
*Subject to change without notice. Conditions apply. See Area Manager for full details.
SYMONS VALLEY RD N
SAGE HILL DRIVE NW
NW
3727 Sage Hill Drive NW, Calgary Ph: 403-536-2388 info@themark101.com
WALMART SUPER CENTRE
SYMONS VALLEY PKWY NW SARCEE
SALES CENTRE NOW OPEN IN SAGE HILL
SAGE VALLEY BLVD NW
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/BIWEEKLY*
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GAN
www.themark101.com
PAYMENTS STARTING FROM
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SH A
REGISTER TODAY!
SECURE UNDERGROUND HEATED PARKADE
STONEY
L NW TRAI
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9’ CEILINGS IN ALL FLOORPLANS AND ON ALL FLOORS
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ONLINE …continued from page 36
How to host a condo party
MORE INSPIRATION ONLINE ypnexthome.ca/news/inspiration
feel overwhelmed by the choices — and specifications like thread count. Thread count refers to the number of threads per square inch of fabric. Traditionally, we’ve been told to purchase sheets with as high of a thread count as you can afford. Thanks to new innovations in the bedding industry, natural fibres like bamboo, linen and cotton can be just as luxurious as a 1,500 thread count Egyptian cotton bed sheet. You’ll want to get the right shapes and dimensions to coordinate your pillow shams, bed runners, sheets and duvet covers. Which brings up the question about investing in a down duvet — are they worth the hype? It’s actually more than just hype, down has some incredible properties that make it the perfect material for a blanket option. Down will keep you warm and cozy, while allowing your skin to breathe while you sleep. They are also very durable and will retain their shape much longer than a synthetic option. The same goes for down pillows and cushions. Creating a space that reflects your personality and taste is just as important as your comfort. You want to accessorize well, and create
layers of bedding, pillows and covers. You want to introduce just the right colours and patterns to ensure your room is in line with your style, but is also a soothing and relaxing space for sleeping. Some people prefer bright colours, some prefer layers of tones. The all-white bed is always in style, while the ever-changing array of popular patterns change with the seasons. A great way to mix trends with your classic favourites is through the accessories. Add a throw with a pop of colour. Pick a patterned flat sheet with a coordinating solid fitted sheet. Go monochromatic with different shades of the same colour or go big and bold with patterns that work well with each other. This is where your taste can be satisfied. You may even want to consider customizing some elements to tie it all together, though there are a great many solutions straight off the rack. The bedroom has become so much more than just the place you catch your six to eight hours of sleep, it has become a second living room in the home. Many people use it as a place to relax, to read or to work — ultimately the products you choose to live with should reflect your personal and comfort needs.
Kait Kucy is a lifestyle and travel writer and blogger for online and print publications in Canada and the U.S.
Lets face it, having a party in a condo can be rough — you’re tight on space, and even if you have the culinary skills, your condo kitchen may not have the equipment needed to make good appetizers and meals. One of the most convenient aspects of living in a condo, however, is that you have full access to a party room, so you don’t need to worry about hosting a large number of guests; your furniture can remain untouched for the night, you’ll have added space to serve treats, and you can even hire people to do all the hard work for you. If you’re living in a condo and have the added bonus of having a party room, you may as well take advantage of it. Watch the video to see Matt Binkley from Culinary Search Group give us some tips and tricks for hosting a fantastic condo party using a pro chef or culinary instructor.
Watch the video online. Chef Matt Binkley from Culinary Search Group offers great suggestions for condo entertaining.
ypnexthome.ca/condo-party 40 YPNEXTHOME.CA
S
1
2 & 3 BEDROOM TOWNHOMES WALK OUT SUITES NEXT TO A PARK & POND DOUBLE ATTACHED GARAGE LOTS OF AMENITIES SHAGANAPPI TR & 128 AVE NW
FROM THE
$300’s*
BOLD. MODERN. STYLISH.
EXECUTIVE 2 & 3 BEDROOM TOWNHOMES IN CRESCENT HEIGHTS 1510 CENTRE A ST NE
*GST NOT INCLUDED
it’s what’s inside
FROM THE
$500’s*
LandmarkHomes.ca
Trending
Park Point wins two silver awards at International Builders’ Show
42 YPNEXTHOME.CA
6 AVE N
MORE TRENDING ONLINE ypnexthome.ca/news
PARK POINT reflects a design that is modern, sleek and timeless
lifestyle in the thriving and evolving Beltline. Residents will enjoy firstclass views toward the Rocky Mountains, Central Memorial Park and the striking downtown skyline and beyond. While Qualex-Landmark usually utilizes existing retail space in a building to create a discovery centre, Park Point’s was custom designed and built from the ground up. The interiors were carefully planned and designed to create a comfortable and immersive environment that is both attractive and informative to the homebuyer searching for a trueto-life experience before making an informed purchase decision. The presentation centre was the result of the extensive collaboration between multiple design specialists with expertise in creative design, interior design, architecture, signage, digital visualization, AV and lighting design. Park Point has been recognized for its interior merchandising, winning silver in Best Interior Merchandising of a Model under $350,000. Park Point reflects a design that is modern, sleek and timeless. All kitchens come standard with a granite slab
countertop and backsplash. The premium finish is available in three designer colour palettes. Designed to promote functional living, the merchandise in Park Point’s show suite intensifies and contrasts with the striking granite slabs and finishes of the kitchen and bathroom. “The real granite slab countertop and backsplash is a very unique kitchen feature and has been a huge hit with our homebuyers,” says Jordan Beach, vice-president, sales and service, Qualex-Landmark. “The performance and arrangement of this home was about creating a smaller space that is efficient and would appeal to first time homebuyers and the younger demographic. This came down to the careful placement and scale of furnishings, which complement the cabinetry, appliances and hardware throughout the suite.” Park Point is the sixth downtown Calgary residential condominium tower in the Qualex-Landmark group portfolio in Calgary. It features one-, two- and three-bedroom condos, street-level live-work townhomes and penthouses, and will further diversify Calgary’s centralized, higher-density, mixed-use residential neighbourhood. Construction on Park Point is anticipated to be complete by mid-2018. The NAHB International Builders’ Show is the largest annual residential housing construction trade event for manufacturers and suppliers of home construction products and services in the United States.
GREYHOUND BUS TERMINAL
23 AVE S
26 AVE S
PHOTO COURTESY OF QUALEX-LANDMARK™
QUALEX-LANDMARK WAS awarded two accolades at the International Builders’ Show in Las Vegas. Presented by the National Association of Home Builders (NAHB), Park Point won two silver awards for Best Presentation Centre and Best Interior Merchandising of a Model under $350,000. The two accolades further strengthen Qualex-Landmark’s award-winning portfolio. Located in the heart of Calgary’s Beltline and rising 34 storeys, Park Point is the newest residential tower addition to Qualex-Landmark group’s portfolio and represents $110 million in downtown Calgary real estate value. Park Point features 289 homes and is located in heart of Calgary’s rapidly evolving, amenity rich, centralized and diverse urban City Centre, on 12th Avenue and 2nd Street S.W. Its presentation centre consists of two meticulously planned and furnished display suites that reflect its high quality design. “I believe it was our meticulous attention to detail against our competitors across North America that granted us a silver medal for Best Presentation Centre,” says Parham Mahboubi, vice-president, planning and marketing, Qualex-Landmark. “If you’ve been inside our presentation centre, you’ll be immersed in a strikingly elegant and welcoming space that demonstrates the premium quality finishes of the future Park Point residential tower. These finishes, along with the simulated views from the model suite, offer homebuyers a glimpse of what downtown living is about.” Situated across from the historic Central Memorial Park, one of Canada’s oldest urban parks, Park Point offers an active and carefree
INNER CITY 12 KENSINGTON BY BUCCI 301 10th St. NW
RILEY PARK
24
6 AVE N
5 AVE N
N
East Village Experience Centre 553 Riverfront Ave. SE
ROTARY PARK
PRINCE’S ISLAND PARK
21
14 AVLI ON ATLANTIC BY RED MANAGEMENT
12
1220 9th Ave.
EAU CLAIRE04 MARKET
24
25
16
15 SCOLLEN HOUSE BY 320 MISSION DEVELOPMENTS
01
Corner of 25th & 3rd St. SW
4 AVE S
06
16 STEPS BRIDGELAND BY GIUSTINI BRIDGES IN.
13 18
5 AVE S 6 AVE S
REYHOUND US TERMINAL
PHOTO COURTESY OF QUALEX-LANDMARK™
VE 2A
SUNNYSIDE 20 STATION
E
13 FIRST BY FRAM + SLOKKER
3
VE 4A
MILLENNIUM PARK
Sales Centre 921 - 1st Ave. NE
19 CONVENTION CENTRE
9 AVE S
17
CITY HALL
26
07
1 ST E
COLONEL BELCHER HOSPITAL MOUNT ROYAL VILLAGE
26 AVE S
08
TALISMAN SPORTS CENTRE
4 ST W
5 ST W
VICTORIA PARK / STAMPEDE STATION
PROSPECT AVE
22
10 ST W
23 AVE S
CLIFF ST
17 AVE S
01 RIVERFRONT POINTE BY CARLISLE GROUP 325 3rd St. SW www.riverfrontpointe.ca
02 PARK POINT BY QUALEX-LANDMARK Coming Soon Register now at Qualex.ca/ ParkPoint
03 43 PARK BY VERICON REAL ESTATE VENTURES 43park.ca
04 WATERFRONT BY ANTHEM PROPERTIES 216 Riverfront Ave. S.W.
05 THE GUARDIAN BY HON TOWERS
12th Ave SE at 3rd St.
15 26 AVE S
05
OLYMPIC WY
02
MACLEOD TR
1 ST W
2 ST W
11 AVE S
4 ST W
5 ST W
8 ST W
10 ST W
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12 AVE S
17 INK BY BATTISTELLA
FORT CALGARY
622-8 Ave. SE
11
18 EVOLUTION BY EMBASSY BOSA INC.
East Village Experience Centre 553 Riverfront Ave. SE
19 VERVE BY FRAM + SLOKKER
Sales Centre Now Open in East Village
CALGARY EXIBITION AND STAMPEDE PARK
20 LIDO BY BATTISTELLA
ERLTON / STAMPEDE STATION
21 V&V BY PROVIDENCE GROUP
Sales Centre 1120 Kensington Rd
Register: einsteincalgary.com
23
06 AVENUE BY GROSVENOR & CRESSEY 1035 5th Ave. SW
07 SMITH BY GROSVENOR
Visit Sales Centre at 850-16th Ave. SW, 2nd Floor
08 DISTRICT BY BOULEVARD INVESTMENTS Sales Centre Now Open 305 18th Ave. SW
09 LiFFT BY VERICON REAL ESTATE VENTURES liveLiFFT.com
10 BRIDGELAND CROSSINGS BY GABLECRAFT HOMES bridgelandcrossings.ca
11 SOBOW BY M2I DEVELOPMENTS CORPORATION
22 ALEX BY ASSURED COMMUNITIES
Presentation Centre: 2719 14th St. SW
23 MISSION 34 BY ASSURED COMMUNITIES
98 Mission Road SW mission34.ca
24 RADIUS BY BUCCI DEVELOPMENTS Coming soon to Bridgeland www.bucci.com/radius
25 BRIDGELAND HILL BY GABLECRAFT HOMES 516 Edmonton Tr. NE
26 THE ROYAL BY EMBASSY BOSA 936 16TH Ave. SW www.theroyallife.ca
1640 17A St.
SEARCH ONLINE ypnexthome.ca
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 43
Advice | MORTGAGE ADVICE
The 5 biggest mortgage mistakes to avoid By Alyssa Richard
MORE ADVICE ONLINE ypnexthome.ca/news/advice
NOW THAT YOU’VE decided to buy a home, there are numerous steps in the process you’ll have to follow. When it comes to getting a mortgage, it could cost you in the long run if you make a mistake or two. To help you save money and avoid potential problems down the road, here are some mistakes you should avoid:
1. Not knowing your credit score/rating Lenders love borrowers with a good credit rating. They’re often the ones who pay their bills on time, don’t use a large percentage of their available credit, and have different types of credit, such as a credit card, car loan, and line of credit. If you have good credit, you should be able to qualify for the best mortgage rates. But if you have bad credit, expect to get a mortgage with a higher interest rate. Not sure of what your rating is? You can get your credit score from Equifax or TransUnion. 2. Not being pre-approved for a mortgage If you’ve been looking at properties for a while, you might suddenly find the perfect home. But it’s possible you won’t be able to afford the place. That’s why it’s best to get preapproved for a mortgage so you’ll know how much you can afford. Many lenders will guarantee your pre-approved rate for a period of 44 YPNEXTHOME.CA
between 60 and 120 days. That’ll give you time to find a property in your price range. 3. Not shopping around a mortgage If you think you’ll get rewarded with the lowest rate from your financial institution because you’ve been a loyal customer for a number of years, think again. Your institution may not have the best rate while a rival across the street might have a lower rate. You should do some comparison shopping on a site like RateHub.ca before getting a mortgage. You can also hire a mortgage broker who can do all the legwork at no cost to you. 4. Not making more payments No one really likes to carry a large mortgage. Typically, mortgage payments are made on a monthly basis but there are ways to pay it off faster by using accelerated biweekly payments. For example, if you have a $400,000 mortgage with a 25-year amortization and make monthly payments, your mortgage
won’t be paid off until 2041. We used RateHub’s mortgage payment calculator and found if you make accelerated payments, you’d pay off your mortgage nearly three years earlier and save about $15,000 in interest. Also, most lenders allow you to make lump-sum payments, which will let you pay your mortgage down faster and save you thousands of dollars in interest. 5. Not preparing for extra costs Buying a home can end up costing a lot more than you’d expect. First, there are closing costs, which include legal fees, title insurance and the land transfer tax. You might also need to reimburse the seller for the property taxes and utility bills they’ve already paid. These costs will add up to from anywhere between 1.5 and four per cent of the property’s purchase price. 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.
MOVE IN FALL 2016
The Developer reserves the right to make changes and modiďŹ cations to maintain the high standards of these homes. Square footage and measurements are approximate. E&OE.
BRIDGELAND’S BEST-SELLING COMMUNITY. MOVE IN THIS SPRING.
ASK GABLECRAFT HOW WE CAN HELP SELL YOUR CURRENT HOME.
“Bridgeland Crossings offers a location that is perfect for our lifestyle, we can walk to our favourite parks and restaurants, while not sacrificing space in our home” ~ Eddie and Helen - B Plan
PHASE 1 SOLD OUT PHASE 2 STARTING FROM $279,900* PRESENTATION CENTRE 824 1ST AVE, NE, Calgary
Open Mon To Thu – 12pm To 6pm • Friday – By Appointment Only Sat & Sun – 12pm To 5pm
403 269 2805 • BRIDGELANDCROSSINGS.COM
THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN WITHOUT NOTICE. PRICING AND AVAILABILITY IS SUBJECT TO CHANGE WITHOUT NOTICE. RENDERING IS REPRESENTATIONAL. E&O.E
46 YPNEXTHOME.CA
ONLINE
Multifunctional spaces: Rooms that serve a dual purpose While some spaces in a home are typically allocated their own room — like a walk-in closet or an office — there are ways to design a space so that it serves a dual purpose. Here are our top picks for how you can kill two birds with one… room.
Closet/guest bedroom Ever dreamed of using an entire bedroom as a closet, but figured you’d need the space as a guest bedroom as well? Here’s how you can satisfy both needs: make your spare room into the walk-in closet you’ve always dreamed of having, but add a futon or even a murphy bed. Voila! You have yourself a walk-in closet that works as a guest bedroom part-time.
Office/spare room Ladders are one of the latest decor crazes — and they can serve multiple purposes. If you need some extra space for overnight
guests, try adding a mattress overtop a room with a quaint ladder, and you have yourself a functional — and hip — loft bed.
See Sonia Bell’s full list of dual purpose room ideas online. Read the full story…
ypnexthome.ca/dual-purpose
OWN WITH JUST $5,000* DOWN!
BRIDGELAND
HILL
MONTHLY MORTGAGE STARTING FROM $1,125*
1 BED HOMES FROM $249,900 · 2 BED + 2 BATHS FROM $349,900*
3 - PLAN D2 2 BED + DEN 810 SF NOW $359,900
PEACEFUL MASTER BEDROOM WITH SPACE TO DREAM
M OV E I N
PORCELAIN TILE FLOORING
ENSUITE
MASTER BEDROOM
BATH WD
THIS SUMMER
LIVING
ULTRA QUIET WASHER AND DRYER WITH CONVENIENT LINEN STORAGE
ENTRY
HIGH-QUALITY GERMAN MADE HARO LAMINATE FLOORS
KITCHEN DEN
HIGH GLOSS AND TEAK FINISH CABINETS WITH UNDER CABINET LIGHTING
112 - PLAN C5 2 BED 840 SF NOW $369,900
LUXURIOUS QUARTZ COUNTERTOPS BEDROOM BALCONY
STAINLESS STEEL APPLIANCES AND GAS RANGE
GABLECRAFTHOMES.CA 403 456 2329
PRESENTATION CENTRE 736 1ST AVE, NE · OPEN MON TO THU – 12PM TO 6PM FRIDAY – BY APPOINTMENT ONLY · SAT & SUN – 12PM TO 5PM
*SEE SALES STAFF FOR DETAILS. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN WITHOUT NOTICE. PRICING AND AVAILABILITY IS SUBJECT TO CHANGE WITHOUT NOTICE. RENDERING IS REPRESENTATIONAL. E.&O.E.
48 YPNEXTHOME.CA
1 - PLAN A1 1 BED 594 SF NOW $249,900
2 - PLAN A3 1 BED 633 SF O L D S $292,900
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2 HW AY 2
HW AY 1
HI G
HORSE CREEK ROAD
43 D. ER
NG
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HEARTLAND QU
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TO CALGARY
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GEO
RGE
FOX
TR.
GRIFFIN RD.
CALGARY’S SATELLITE COMMUNITIES 21 THE WHITNEY BY LANDMARK HOMES
22 04
1A
02 11 03 01 COCHRANE 08
211 & 215 Fireside Parkway Cochrane, AB
AIRDRIE
22
09
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AIRDRIE
10 12 15
13 14
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09 CREEKSIDE VILLAGE BY CARLISLE GROUP
2 21
07
05
2105 403 MacKenzie Way SW Airdrie, Alberta www.creeksidevillagecondos.ca
10 STONEKEEP AT KING’S STRATHMORE HEIGHTS TOWNHOMES BY MERGE 1 DEVELOPMENTS
1
CALGARY
1225 King’s Heights Way SE Airdrie, Alberta
CHESTERMERE
797
11 BRAND BY BIRCHWOOD
LANGDON
BLACK DIAMOND
22X
Coming Soon 169 Clydesdale Way Cochrane, Alberta
22X
22X
17
12 RAVENSWOOD TOWNHOMES BY SLOKKER CANADA WEST
2
2802 Kings Heights Gate
13 BROOKSIDE AT BAYSPRINGS BY MERGE DEVELOPMENTS
OKOTOKS
546
TURNER VALLEY
Yankee Valley Blvd. and 24th St. SW BrooksideAtBaysprings.com
2A
543 22
14 HILLCREST TOWNHOMES BY EXCEL HOMES
HIGH RIVER
COCHRANE 01 TOWNHOMES AT JUMPING POUND RIDGE BY SLOKKER CANADA WEST
Sales Centre on George Fox Trail just past Jumping Pound Terrace www.slokker-west.ca
02 HEARTLAND TOWNHOMES BY EXCEL HOMES 137 Heartland Way, Cochrane, Alberta
03 THE RISE BY JAYMAN MODUS
04 SUNSET RIDGE STREET TOWNS BY HOMES BY AVI 36 Sun Valley Road Cochrane, Alberta
05 STONECREEK LANDING BY CARLISLE GROUP
625 Glenbow, Cochrane, Alberta www.stonecreekcondos.ca
06 THE VILLAGE BY CALBRIDGE HOMES 3102-15 Sunset Square Cochrane, Alberta
07 RIVERREACH VILLAS & MANORS BY JAYMAN MASTERBUILT 13 Riviera Way Cochrane, Alberta
101 Hillcrest Dr. SW Airdrie
15 ZEN RAVENSWOOD BY AVALON MASTER LETHBRIDGE BUILDER
1403 - 2400 Ravenswood View SE
08 THE RANGE BY BIRCHWOOD PROPERTIES CORP. 101 Heartland Avenue Cochrane, Alberta
22 SUNSETRIDGE TOWNHOMES BY EXCEL HOMES 24 Sunrise View Cochrane, AB
20 SUNSET BY JAYMAN INNOVATIONS
24 Sunset Rd. Cochrane, Alberta
501 Riverheights Dr. Cochrane, AB
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 51
Trending
Mattamy Homes becomes major partner with Cycling Canada MATTAMY HOMES, North America’s largest privately owned home
builder, has become a Tier 1 partner with Cycling Canada. Through a one-year partnership, Mattamy Homes will provide critical program funding for Canada’s National Track Cycling team as they prepare for the 2016 Olympics in Rio de Janeiro. Mattamy’s support will help to deliver technical and logistical services and sport science, as well as year-round accommodation for Canadian team athletes near the velodrome in Milton, the Mattamy National Cycling Centre. Mattamy and its founder and CEO Peter Gilgan played vital roles in the development and construction of the Mattamy National Cycling Centre, which hosted the Toronto 2015 Pan-American Games last July. The facility, Canada’s only UCI-approved 250-m indoor velodrome, is the home training base for Canada’s National Track Cycling program and has become an invaluable asset for Canada’s cyclists. “It takes passion and dedication to compete at the level that our national track cycling athletes do, and we’re very proud of all of them for their commitment,” says Gilgan. “To succeed, it also takes financial support and access to world-class training and facilities. At Mattamy, we’re very pleased to be able to continue to be associated with cycling excellence as we support our national team on their road to Rio.” Also on hand for the announcement was three-time Olympic medalist Curt Harnett, as well as members of the Canadian National Cycling Team, who were preparing for the UCI Track Cycling World
DREAM BIGGER
MORE TRENDING ONLINE ypnexthome.ca/news
Championships, March 2 to 6 in London. “With the velodrome now in place, it is fantastic to see the private sector partners once again stepping up to ensure that the athletes have the programs and resources required to fully capitalize on the facility,” says Harnett. “Mr. Gilgan was a clear leader in the development of the velodrome and we’re very grateful for Mattamy’s leadership and support here once again.”
With 2400 square feet of living space, you can afford to dream bigger - much bigger. Your Brookside townhome offers generous floorplans, private fenced yards, double garages and plenty of room to grow. Head west on Yankee Valley Blvd to 24th St. in Airdrie or visit brooksideatbaysprings.com.
Townhomes from the $300’s
52 YPNEXTHOME.CA
Homebuyers’ Help
Condo hunter’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:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
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Phone:
Phone:
Phone:
Phone:
Developer/builder:
Developer/builder:
Developer/builder:
Developer/builder:
Type:
Type:
Type:
Type:
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
Sq. ft.:
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# of bedrooms:
# of bedrooms:
# of bedrooms:
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# of bathrooms:
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Options:
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Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
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Financing available:
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Financing available:
Other comments:
Other comments:
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Other comments:
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 53
INNOVATIVE STYLES, INSPIRING PRICES
VILLAGE & URBAN TOWNHOMES
VILLAGE TOWNHOMES
URBAN TOWNHOMES
2 & 3 BEDROOM MODELS
2 & 3 BEDROOM MODELS
FRONT ATTACHED GARAGE
DOUBLE CAR GARAGE
STARTING AT 1,086 SQ.FT.
STARTING AT 1,228 SQ.FT.
FROM THE $240s
FROM THE $320s
Vibe Village Townhome
GO TOWNHOME FOR UNDER $1,100 / MONTH* 2
N COUNTRY HILLS BLVD
MÉTIS TRAIL NE
1A 1 2
SALES CENTRE 10520 Métis Trail NE Calgary, Alberta 587-755-1061
STONEY TRAIL NE
SALES CENTRE
DEERFOOT TRAIL
201
ONLY $1,000 DOWN**
201
NO CONDO FEES FOR 2 YEARS*** DESIGN STUDIO CREDITS STARTING FROM $ 5,000 Madison Showhome Now Open
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM FOLLOW US SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm Prices, specifications, promotions, terms and conditions subject to change without notice. *The calculated mortgage payment reflects 5% down, is inclusive of mortgage insurance requirements, assumes a 2.34% interest rate on a 3 year closed mortgage with 25 year amortization for the Bravo ‘A’. It is recommended that you speak with your mortgage professional regarding payment information that is specific to your qualifications. **$1,000 down to secure the home purchase with the remaining 5% of the down payment due upon the removal of conditions. ***Village Homes in Cityscape qualify for no condo fees for two years as discussed at the time of purchase. Please see your sales representative for details.
MATCALGARY-CS_NCG_Mag.indd 1
2016-02-18 1:15 PM
METIS TRAIL
CENTRE STREET 12 AVENUE
104 Redstone View (off Redstone Way)
07 ARRIVE AT SKYVIEW RANCH ARBOURS BY PARTNERS DEVELOPMENT GROUP Coming Soon www.arrivehome.ca
13 V&V BY PROVIDENCE GROUP
IVE
IAL DR
R MEMO
Now Open Register: einsteincalgary.com
36 STREET
17 Ave
52 STREET
BLACKFOOT TRAIL
ELBOW DR IVE
06 ARRIVE AT REDSTONE BY PARTNERS DEVELOPMENT GROUP
64 Ave
16 AVENUE
02 43 PARK BY VERICON REAL ESTATE VENTURES
MacLEOD TRAIL
43park.ca
ANDERSON ROAD
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114 AVE SE
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NEW BRIGHTON
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52 STREET
BARLOW TRAIL
GLENMORE TRAIL
SOUTHLAND DRIVE
FISH
Coming Early 2016 Register: jayman.com/harana
13
17 Ave
GLENMORE RESERVOIR
05 HARANA TOWNHOMES BY JAYMAN MODUS
80 Ave
32 Ave
03 04 MEMO 02 01 RIAL D RIVE
Coming Soon bridgelandcrossings.com
Sales Centre 921 - 1st Ave. NE www.stepsbridgeland.com
MCKNIGHT BLVD.
16 AVENUE
01 BRIDGELAND CROSSINGS BY APEX CITY HOMES
04 STEPS BRIDGELAND BY GIUSTINI BRIDGES IN.
68 STREET
14 STREET
.
Sales Centre #701, 7th Ave. NE livelifft.com
SADDLETREE DR.
52 STREET
CALGARY INTERNATIONAL AIRPORT
64 Ave
CRI J OW OHN CH L ILD AUR IE TR BLV AIL D
05 128 NE Ave
FA L RID CON GE
NOSE HILL PARK
EDMONTON TRAIL
SH AG AN
NA
PI
DE
TR A
ER
IL
CO
03 LiFFT BY VERICON REAL ESTATE VENTURES
STONEY TRAIL 06 07
COUNTRY HILLS BLVD.
FO OT TR AIL
VD. LS BL
Y HIL UNTR
S JAME
1:15 PM
NORTHEAST COMMUNITIES
U
MARQ
CHAPARRAL CRANSTON
AIL
NE TR
LOR IS OF
COPPERFIELD
ABURN BAY
SEARCH ONLINE ypnexthome.ca
MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 55
Homebuyers’ Help
Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial Alterna Svgs/Alterna Bk
variable 2.6 4.00op 2.7
Bank of Montreal
2.7
Bank of Nova Scotia
2.7
Canadian Western Bank CFF Bank CIBC
2.7
ICICI Bank Canada Manulife Bank
2.75 2.4
National Bank
n/a
President’s Choice Finan Royal Bank
2.7 2.6
TD Canada Trust
2.6
Tangerine
2.7
6 months
1 year
2 years
3 years
4 years
5 years
4 4.00op 4 6.30op 4 6.75op 4.55 6.45op 4 6.45op
2.94 4.00op 2.85 6.30op 2.89 6.75op 3.29 6.50op 3.14 6.30op 2.69 2.84 6.35op 3.15 3 3.20op 3.14 6.70op
2.64
2.69
2.74
2.99
2.79
2.59
2.84
2.88
2.99
3.39
3.89
2.89
3.09
3.39
3.89
4.49
3.04
3.65
4.2
4.74
2.24 2.79
2.39 2.59
2.59 2.79
2.74 4.79
3.65 2.94
3.64 2.84
3.69 2.79
3.69 2.89
3.04
3.39
2.79
2.99
2.79 2.39
3.34 2.64
3.99 2.79
4.44 2.99
2.29
3.39
2.74
2.94
3.24
3.49
3.69
3.79
6.95op 4.45 4.4 6.70op
6.75op
3.14 6.75op 2.99 6.30op 3.19
TRUST COMPANIES Community Trust Concentra Financial
n/a n/a
Effort Trust
n/a
Home Trust Company Investors Group Trust
2.35 n/a
MTCC
2.7
6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op
3.14 2.89 6.30op 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op
3.25 2.59
3.95 3.39
4.39 3.89
4.64 4.64
3.5
3.7
4.3
4.35
2.24 3.09
2.39 3.39
2.59 3.89
2.74 2.84
3.09
3.39
3.89
4.49
6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op
2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 1.69 6.30op 2.8 2.95op 2.45
2.89
2.95
2.99
2.89
2.24 2.79
2.49 2.89
2.64 2.95
2.79 2.89
3.09
3.39
3.89
4.74
3.2
3.65
4
4.5
3.09
3.55
4.19
2.59
2.85
2.95
3.05
3.15
2.55
2.55
2.65
2.65
OTHER FINANCIAL INSTITUTIONS Comtech Credit Union
2.45
First National Fin. LP IC Savings
2.7
London Life
n/a
Luminus Financial
3.25
Meridian Credit Union
2.4
Parama Credit Union
2.65
Steinbach Credit Union
2.25
4
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R.= RATES ON REQUEST op= OPEN -----= NOT QUOTING N/A= NOT AVAILABLE January 18, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700
56 YPNEXTHOME.CA
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Visit our website: MAR 4 - APR 1, 2016 | NEW CONDO GUIDE 57
Ad Index
ADVERTISERS Albert Park Station - Carlisle Group
26-27
Jackson - Avi Urban
59
Arrive at Evanston - Partners Developments
35
Jumping Pound Ridge - Slokker West
Arrive at Redstone - Partners Developments
35
Juno - Avi Urban
59
Arrive at Skyview Ranch - Partners Developments
35
Kensington - Bucci Developments
45
Avenue - Grosvenor
24
Legacy Gate - Carlisle Group
26-27
Brookside at Baysprings - Merge Developments
52
Legacy Park - Brad Remington Homes
29, 60
Brand - Birchwood Homes
50
Livingstone - Trico
22
Bridgeland Crossing - Apex CityHomes/Gablecraft Homes
46
Mark 101 - Shane Homes
39
Bridgeland Hill - Gablecraft Homes
48
Origins - Streetside Developments
25
Canoe - Avi Urban
59
Park Point - Qualex Landmark
Champagne - Remington Development Corp.
3
Radius - Bucci Developments
7
6
46
Cityscape - Mattamy Homes
54
Regatta - Brookfield Residential
Concepts - Landmark Builders Group
41
Smith - Grosvenor
Copperfield Park III - Brad Remington Homes
15
Stonekeep - Merge Developments
44
Diseﾃｱo in Sherwood - Landmark Builders Group
41
StreetTowns - Homes by Avi
23
Duke - Avi Urban
59
V&V - Providence Developments
49
Emerald Sky - Carlisle Group
37
Walden Place - Cardel Lifestyles
3
Ezra - Birchwood Homes
32
Willow - Avi Urban
59
Zen Cranston - Avalon Master Builder
21
Zen Ravenswood - Avalon Master Builder
21
The Gates - Remington Development Corp.
GLAS - Avalon Master Builder
The Guardian - Hon Towers Ltd. Jayman Modus Pull out Booklet: Avira, Carnaby Heights, Ebony, Motif, Overture, Rise
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28
4
16-17, 19
5
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