Calgary New Condo Guide - Apr 29, 2016 by NextHome

APR 29 - MAY 27, 2016 VOLUME 19, ISSUE 5, FREE

CALGARY EDITION

INSIDE THIS ISSUE

AND THE NOTE THAT WINNERS THIS CALLOUT OF THE IS ALWAYS YPNH ANNUAL SAM AWARDS GREY IN ARE… COLOUR

NCG CAL_Cover_4-29-16.indd 1

CALGARY’S AND THAT TOP THE 5 SPRING BAR IS ALWAYS AND SUMMER WHITE ON FESTIVALS BOTTOM OF PAGE

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ON | CALG ARY EDITI SPRIN G 2016

th Talking luxury wi

AH AR SCH ARDSON RI

TO BOOK YOUR ADVERTISING SPACE CONTACT: F UP SETTING YOURSEL AMS FOR SWEET DRE

LIVING POSH IN ASPEN WOODS

Natalie Houghton 587.226.1313

R WONDERFUL CREATING YOU APE WINTER LANDSC

natalie.houghton@ypnexthome.ca Brought to you by the publishers of

contents APRIL 29 - MAY 27, 2016 | VOLUME 19 ISSUE 5

ON THE COVER

Brad Remington Homes + online NEIGHBOURHOOD

HOME SEARCH

Buyers eager to embrace Legacy Park

property profiles MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

40 Grosvenor Americas & Cressey Development Parents help young buyers to ownership in Avenue

trending WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

20 Carlisle Group

Industry leading promotions to aid homebuyers

26 Cleaning Tips

Molly Maidâ&#x20AC;&#x2122;s top 10 tips for spring cleaning

28 SAM Awards

Winners of the 2015 SAM Awards announced

44 Green Living

Eight ways to go Green in your condo

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) 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

28 advice

Contemplating Condominiums

Read your purchase agreement carefully By Linda Palfi

42 Calgaryism

Top 5 spring and summer festivals in Calgary By Cody Battershill

inspiration

Light and White

White on white is shaping up to be a hot trend in 2016

what’s online

Trending now

More stories, videos and photos

ADVERTISING RATES

T 587.226.1313 email natalie.houghton@ypnexthome.ca

in every issue

Editors’ Note

54 Neighbourhood profile Sunnyside & Kensington

58 Advertiser Index district maps

Southeast Map

25 Satellite Communities 35 Northeast Map 39

Inner City

49 Southwest Map 51

Northwest Map

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

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Editors' Notes

SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge

SUNNYSIDE & KENSINGTON

MORE PHOTOS ONLINE nexthome.yp.ca/sunnyside-kensington

Life events get you moving The decision to move is often triggered by a life event, such as a new job, a new addition to the family or simply because you want a change of scenery. Whatever the reason, it’s important to address what your new needs are before you start hunting for a new place — rather than during. With all of the information available to you these days, it’s easy to get distracted. To keep you on track and up to date on the latest listings available across

Canada, check out this issue and our new website, YPNextHome.ca. Not only will you find an easy way to connect with prospective properties, you’ll be able to dig deep on details such as such as costs, neighbourhood information and much more. Deciding to move is easy, it’s finding the right place that can sometimes be tough. Let us help. Drop us a line and let us know if you have any questions or comments. We’d love to hear from you.

Clean-up in aisle five

WAYNE KARL Senior Editor

Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

+ get social 10 YPNEXTHOME.CA

Good news, shoppers. Some great things are happening in Canadian retail and residential real estate, as our story on YPNextHome.ca (nexthome. yp.ca/malls-in-canada) illustrates. Now comes news that Loblaws is committing $1-billion to build new and renovate existing stores, adding thousands of new jobs. This is important because when large retailers undergo major expansions, it’s a sign of good times and that an area is on the upswing. Like proximity to mass transit, schools and other amenities,

being close to shopping is a major attraction for homebuyers. These features are among the keys to enjoying your home while you live there, as well as for potential resale value in the future. Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods. These companies make careful, long-range and well planned-out decisions in lockstep with municipalities and developers, based on hard data, research and demographic information.

Interact with us on social media: ypnexthome

Property Profile | BRAD REMINGTON HOMES

cover story

Buyers eager to embrace

Brad Remington’s Legacy Park WITH NEW FLOORPLANS OFFERING STYLISH, yet functional

designs and sought after features at exceptional prices, it’s easy to see why people are eager to embrace Legacy Park. Crafted by Brad Remington Homes, Legacy Park continues the “Love It, Live It, Afford It,” success story that started with Copperfield Park and raises the bar with improved floorplan designs, specifications and presentation with better pricing than ever before.

The first building in Legacy Park sold out quickly and “we sold 50 per cent of the second building at launch in February so we’re really excited about that,” says Bryan Logel, vice-president of sales and marketing of Brad Remington Homes. “The response has been incredible and sales have been amazing; I’ve never been busier despite the economy. “What we’re seeing is that affordability never goes out APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 11

of style and our homes and pricing appeal to hard working Calgarian’s who want to own their own home and build equity,” he adds. Moreover, buyers are seizing of the opportunity, with the low interest rates and affordability, to purchase rather than rent. Legacy Park, which consists of four, four-storey buildings, provides homeowners with high quality, stylish one-, twoand three-bedroom designs starting at $119,000 and going up to the $270,000’s so they can “Afford It.” The second building presents three new plans: G1, a 691-sq.-ft. two-bedroom, one-bathroom plan with a flex room starting at $179,900; C+Flex, an 825-sq.-ft. twobedroom, two-bathroom plan with a flex room starting at $225,900; and B3b, an 894-sq.-ft. three-bedroom, twobathroom end unit plan starting at $219,900. “We have floorplans that are affordable for every purchaser,” Logel says. “Each home is of the highest quality and super affordable, delivering incredible value with outstanding standards such as nine-ft. ceilings, granite or quartz countertops, and premium made-in-Alberta, soft touch cabinets in a choice of colours so purchasers can choose dual-tone cabinets. An underground parking stall comes with every suite.” The well-appointed interiors also include full-sized kitchens with a stainless steel appliance package that includes a fridge, stove, dishwasher and over-the-range microwave, in-suite laundry with the washer and dryer, 12 YPNEXTHOME.CA

knockdown ceilings and private balconies or patios. Residents can also customize their homes with a full range of options and upgrades. Legacy Park also presents an eye-catching exterior and strong curb appeal with premium Hardie plank siding, brick and intricate detailing. “Everything we’re doing to our homes – exterior and interior – we’re building for the long haul and we’re helping people who want to achieve homeownership,” Logel says. “We truly want people to have equity when they take possession and they know that they’re getting great value. “We’re also so happy with our location in Legacy,” he adds, noting it’s located right across from park space that overlooks a pond with fountain, is literally a stone’s throw away from the ravine and pathway system and a short walk

to future neighbourhood commercial. Legacy Park is located in south Calgary’s Legacy, which is minutes from Stoney and Macleod Trails so residents have access to major traffic corridors and they’re close to the LRT and a wide variety of shops, services and dining amenities up Macleod Trail and in nearby Shawnessey. There is a presentation centre open on site, and Logel says many buyers are visiting showsuites, at Copperfield Park (99 Copperstone Park S.E.), to get a feel for the quality and the look of the homes. The Legacy Park presentation centre is located at 215 Legacy Blvd. S.E., open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m. Copperfield Park III showsuites are open the same hours, and you can visit mylegacypark.com for more information.

APR 29 - MAY 27, 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

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

ANDERSON ROAD

DEERF

18 THE GATES BY REMINGTON DEVELOPMENT CORPORATION

02 11

16 AIL

LEO AIL

07 03

AUBURN BAY

SETO

15 LEGACY

MAHOGANY

CRANSTON

05 WALDEN 01 04 23 26 24

W ST. 52

D TR

VITT

McKE

CHAPARRAL

COPPERFIELD

TRAIL

N F LOR UIS O

MARQ

6 Mahogany Terrace SE

347 MacKenzie Towne Gate

NEW BRIGHTON

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

52 STREET

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

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

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

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Condos starting from $169,900 www.copperfieldpark.com 403.723.0094

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 15

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Advice | CONTEMPLATING CONDOMINIUMS

Read those documents! Better yet, have a pro read ‘em for you By Linda Palfi

MORE ADVICE ONLINE nexthome.yp.ca/news/advice

PEACE OF MIND is a wonderful thing when you are making a major purchase. When it’s a used car, you have a mechanic check it over before you finalize the deal. If it’s a resale house (or perhaps even new), you’re well advised to have a professional home inspector go through it before you sign off on the purchase. Such steps protect you when you make these substantial investments. In the case of condominium purchase, buyers should know what documents are needed, and then actually read them, although it may be difficult to understand all that these will contain. Even without broad condominium familiarity, though, you’ll be surprised how much of the material will make sense to you, and informs you well enough to reach a conclusion, or to ask further questions. For example, bylaws are in plain English, and if you see “no dogs,” and “no one under age 18,” but you have both a dog and a child, this obviously isn’t the condominium community for you. Beyond your own reading, though, professional help can be invaluable. You need someone to interpret how well or poorly an existing condominium development is governed, managed and funded, what political issues may be brewing, or whether the new condo-home builder is leaving both mechanical and governance issues for future owners to squabble over in years to come. Whether resale or new, every condominium corporation is facing some issues. The question is whether

these issues warrant collapsing the purchase and buying elsewhere. In fact, the need for withdrawal from a purchase is rare, but I’ve seen it happen more than once, and you don’t want to be that rare instance when you should have “walked,” but didn’t. In most cases, your purchase proceeds happily, but it will still be invaluable to know in advance what acceptable issue is pending. A given resale condo might be perfect, even though a professional advisor has alerted you that a special assessment to top up the reserve fund will likely be needed soon. If the price of the home is right, set that much aside, and enjoy condo living. If or when the “cash call” comes, write the cheque without concern. In the case of new condo homes, an example might be that the builder is allowing satellite dishes, but you’ve been alerted that the bylaws prohibit them, and that a discussion about their removal may well take place. As a condominium-specialist realtor, I ensure that my clients receive all the documents we need from the new-home or resale condominium seller information. If the public demands it, more realtors will obtain the training and gather the experience to do this. Sometimes, of course, a realtor is not involved, and some are simply unwilling to assume the liability that accompanies any recommendation regarding a major purchase. In those cases I recommend a third-party documents review, which in recent years has become available in many cities. Such a review costs about the same as a thorough car mechanical inspection, and protects a far larger investment. Google condominium to see if such as service is available where you live. If not, consider using such a service via courier, fax and phone. If none of these are possible, see

if someone you know is a condo property manager, and may be willing to go over the documents with you. Otherwise, have your lawyer go over the legal aspects, such as bylaws, and read them yourself, then ask further questions of the seller, of condo Board members, or of the property manager. Even friends or family who have owned condo homes and perhaps been condo Board members will have insights that can help. The first goal is to avoid those very few condominium corporations that are severely under-funded, that have major un-addressed mechanical issues, or which are politically divided. Beyond that your review, whether assisted or not, helps you to understand about the corporation that you will co-own while you enjoy the private condominium home and its maintenance-free lifestyle. Earn your peace of mind and, if possible, be professionally supported. 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

18 YPNEXTHOME.CA

Zen

Zen CG20160414.indd 1

14/04/2016 10:37

Trending

Carlisle offers industry leading promotions to help buyers By Heather Ryan

RECOGNIZING THE difficulty that

many of today’s prospective homebuyers are facing with possible layoffs and tough economic conditions, Carlisle Group has launched two amazing promotions to help people get into home ownership. The first promotion, which was launched in February, is called Job Security Guarantee, says Jim Bryce, vice-president sales and marketing. “The program was started because we realize there are customers who want to purchase, but are concerned they might lose their job unexpectedly.” Through the Job Security Guarantee promotion when people buy a condo from Carlisle Group they sign an addendum to the purchase agreement; if they lose their job, Carlisle will cover their mortgage and condo fees until Dec. 31, 2016, for up to six months, to a maximum of $8,000. Aislinn Bateman, sales administrative manager, explains there is no qualification necessary, but the buyer needs to provide a record of employment, proof of layoff and mortgage information. “It’s a pretty ground breaking idea; I don’t know of any other developer offering this,” Bateman says. “We’re excited about this promotion and being able to assist people during this economic downturn.” Carlisle Group also just launched another innovative promotion called Test Drive a Condo, which basically allows a person to lease a condo before they choose to buy. “For people who are unsure of the market, they can essentially rent the condo first and then they can take their time to make a purchase 20 YPNEXTHOME.CA

MORE TRENDING ONLINE nexthome.yp.ca/news

decision,” Bateman says. “If they like it, they can buy it and they can apply 100 per cent of six months’ rent toward the purchase price.” Customers interested in test driving a condo must provide a preapproved mortgage, damage deposit, references and sign a six- to12-month lease. At any time during the lease

period they can exercise their option to purchase up to 30 days prior to the lease renewal. This promo began April 2 and is available for a limited time. Both promotions are available at Carlisle’s new condo developments in Calgary and Edmonton. “We have 13 projects across Alberta,

and all are four-storey wood frame buildings that offer two-bedroom, two bathroom plus den, and threebedroom units ranging from 724 to 1025 sq. ft.,” Bryce says. In Calgary, Carlisle has immediate possessions available at Legacy Gate in the southwest, Albert Park Station near 17th Avenue S.E.; Riverfront

Pointe downtown; Creekside Village in Airdrie; and Stonecreek in Cochrane. Prices in Calgary start from the $200,000s. As well, in Edmonton, Carlisle has immediate possession this spring at Aurora Greens, Creekwood Landing, Heritage Valley Station and MacTaggart Ridge Gate all in

southwest Edmonton; Vita Estates in the northwest; and Erin Ridge Gate in St. Albert. Prices in Edmonton start from the $180,000s. For more information on Carlisle Group’s various projects and promotions, visit their website at www.carlislegroup.ca. APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 21

IF YOU’RE UNSURE OF THE MARKET TAKE ADVANTAGE OF THE OPPORTUNITY TO TEST DRIVE A CONDO

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CALGARY’S SATELLITE COMMUNITIES 21 THE WHITNEY BY LANDMARK HOMES

22 04

02 11 03 01 COCHRANE 08

211 & 215 Fireside Parkway Cochrane, AB

AIRDRIE

10 12 15

13 14

09 CREEKSIDE VILLAGE BY CARLISLE GROUP

2 21

2105 403 MacKenzie Way SW Airdrie, Alberta www.creeksidevillagecondos.ca

10 STONEKEEP AT KING’S STRATHMORE HEIGHTS TOWNHOMES BY MERGE 1 DEVELOPMENTS

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

12 RAVENSWOOD TOWNHOMES BY SLOKKER CANADA WEST

2802 Kings Heights Gate

13 BROOKSIDE AT BAYSPRINGS BY MERGE DEVELOPMENTS

OKOTOKS

546

TURNER VALLEY

Yankee Valley Blvd. and 24th St. SW BrooksideAtBaysprings.com

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

SEARCH ONLINE ypnexthome.ca

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 25

Trending | Cleaning Tips

Molly Maid’s top 10

Spring cleaning tips IF YOU’RE GOING to tackle spring cleaning, the experts at Molly Maid can help get you started with these top 12 spring cleaning tips.

1. Simplify your cleaning products Limit spring cleaning products to a quality window/glass cleaner, allpurpose cleaner, tile/grout cleaner and a toilet bowl cleaner.

4. Dust with a damp, clean microfibre cloth Hold the cloth by a corner and lightly mist with clean water from a spray bottle. 5. Pet hair Remove from upholstery with a damp microfibre cloth or rubber glove.

2. The Molly Maid system Clean each room from top to bottom, left to right. This is the quickest and most efficient way.

6. Damp mop First sweep or vacuum floors, then wash the floor in the farthest corner of the room and work your way towards the door.

3. Dust first, vacuum second Dust or dirt that falls to the floor will be picked up by the vacuum.

7. Microwave spatters Fill a cup with water and microwave on high for a few minutes. The steam

DREAM BIGGER

will loosen any baked on food so you can easily wipe it clean. 8.Dish cloths and sponges Wash dish cloths regularly, and microwave damp sponges on high for several minutes to kill bacteria. Even better, toss the sponge and stick to microfibre cloths. 9. The toothbrush Use a toothbrush for hard-to-reach areas in the bathroom and kitchen. 10. Streaks on the balcony door Wipe the interior side of the glass horizontally and the exterior side vertically, so you can easily determine if the streaks are on the inside or outside.

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

26 YPNEXTHOME.CA

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* Pricing does not include GST and subject to change without notice

CG_Rise_April_2016.indd 1

4/19/2016 5:22:39 PM

Trending | SAM AWARDS

SAM Awards Honour finest in home building industry By Heather Ryan

IT WAS A NIGHT FILLED WITH EXCITEMENT as both

previous and first-time winners were honoured at the Canadian Home Builders Association - Calgary Region’s 29th Annual SAM (Sales and Marketing) Awards on April 16. The SAM Awards recognizes the outstanding achievements by the home building industry’s finest from builders and developers to marketing and sales professionals and this year there were 830 entries and finalists competed for 60 awards in 10 different categories. A strong group of contenders were in the running for this year’s Grand SAM Award for Multi-Family Builder of the Year, which ultimately saw Avi Urban, a division of Homes by Avi, come out on top. “To be given the opportunity to carry the recognition as the Multi-Family Builder of the Year feels great,” says Charron Ungar, president, Avi Urban. “At Avi Urban, we work hard every day without any expectations for an award, but when you get a nod of respect from your partners and your competitors for a job well done, it gives you and your team a great sense of pride and accomplishment.” 28 YPNEXTHOME.CA

Avi Urban also won the Multi-Family Home Award for Best Town Home – $300,000-$359,999, along with the Janine Coughlin Marketing Campaign of the Year Award and was a finalist in several other categories. Jayman Modus captured three Multi-Family awards: Best Multi-Family Community for Ebony in Mahogany; Best Apartment-Style Condo – One Bedroom + Den; and Best Apartment-Style Condo – Two Bedroom & Up. “The SAM Awards carries recognition as a mark of excellence in the eyes of the industry and public,” says Larry Noer, vice-president, Jayman Modus. Earning the Best Community Award “is a remarkable win as so much thought went into the overall design to encourage a sense of community and pride of ownership.” Meanwhile, Brad Remington Homes won the MultiFamily Best New Design Award for Apartment-Style Condo up to 699 sq. ft. “We were so thrilled and humbled to have seven nominations and feel extremely fortunate to win for our G floorplan at My Legacy Park,” says Bryan Logel,

“The SAM Awards carries recognition as a mark of excellence in the eyes of the industry and public,” says Larry Noer, vice-president, Jayman Modus. Earning the Best Community Award “is a remarkable win as so much thought went into the overall design to encourage a sense of community and pride of ownership.” vice-president of sales and marketing, Brad Remington Homes. “This plan has had incredible response from the homeowners, but it’s a huge honour to have the industry recognize it as well.” Bucci Developments won the Multi-Family Best New Design Award for Apartment-Style Condo 900 sq. ft. and over for Radius - PH4. “We put a lot of thought into our floorplans, compiling feedback from each division and incorporating decades of multi-family construction experience,” says Mike Bucci, vice-president, Bucci Developments. “Awards like this are to be celebrated because good design is enduring and remains the hallmark of a developer long after the project is completed.” Winning the Multi-Family Home Award for Best Villa/ Duplex up to $374,999 was Brookfield Residential. Sales manager Ashley Buchanan says they were thrilled to win the award for the Cadenza in Auburn Bay. “We listened to what our customers were looking for when we designed it. It’s a model that many Calgarians have

chosen to put down roots in and we’re humbled to see it recognized by our peers.” StreetSide Developments won the Multi-Family Home Award for Best Town Home - $360,000 and over for Skye at Killarney Townes. “We are extremely proud of this award, which harkens back to the company’s ongoing commitment to create projects that ‘Defy the Ordinary’ and provide exceptional value and living spaces for our customers,” says Richard Daley, vice-president, StreetSide Developments. “Our Killarney Townes project is a true testament to this and to be recognized by our peers is truly an honour.” Rounding out the Multi-Family Awards: Hopewell Residential won Best New Design awards for ApartmentStyle Condo 700 sq. ft. to 899 sq. ft. and Villa/Duplex/ Townhome up to 1,199 sq. ft.; Empire Custom Homes won Best New Design Villa/Duplex/Townhome 1,200 sq. ft. and over; and Lupi Luxury Homes won for Best Villa/ Duplex - $375,000 and over. APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 29

Trending

2015 SAM Awards WINNERS

GRAND SAM AWARDS Partner of the Year Sponsored by NuVista Homes Ltd. » WILDWOOD CABINETS Builder of Merit Sponsored by WesternOne Rentals & Sales GP Inc. » MCKINLEY MASTERS Builder of the Year Sponsored by Genstar Development Company » BROADVIEW HOMES Renovator of the Year Sponsored by JELD-WEN Windows & Doors » RENOVA LUXURY RENOVATIONS Multi-Family Builder of the Year Sponsored by National Home Warranty Group Inc. » AVI URBAN, A DIVISION OF HOMES BY AVI (CANADA) INC.

30 YPNEXTHOME.CA

ADVERTISING & MARKETING AWARDS Best Billboard Sponsored by Prominent Homes Ltd. » BROOKFIELD RESIDENTIAL Auburn Bay Red Chair Best Direct Mail Piece Sponsored by Stepper Homes Ltd. » ICON STONE & TILE Instant Success Pills Best Print Ad Sponsored by Brookfield Residential » M2i DEVELOPMENT CORPORATION SoBow – Two Storey Living, One Storey Price Best Website Sponsored by Genesis Builders Group Inc. a division of Genesis Development Corp » HERITAGE POINTE PROPERTIES, A DIVISION OF UPPER LAKES GROUP INC. Liveatartesia.com

Best Brochure Sponsored by Macdonald Development Corporation » JAYMAN BUILT Jayman Design Centre Brochure Best Moving Media » LUX WINDOWS & GLASS LTD. Call Me Best Audio Media Sponsored by Crystal Creek Homes Inc. » QUALICO COMMUNITIES Evanston – Childhood Home – From the 400s Janine Coughlin Marketing Campaign of the Year Sponsored by Yellow Pages Homes Limited » AVI URBAN, A DIVISION OF HOMES BY AVI (CANADA) LTD. Duke at Mission Campaign ADVERTISING & MARKETING AWARDS Best Online Campaign of the Year Sponsored by Bucci Developments Limited » HOMES BY AVI (CANADA) LTD. 2015 Stampede Rotary Dream Home INDUSTRY ACHIEVEMENT AWARDS Best Innovation: Idea/Product Sponsored by BFL Canada Insurance Services Inc. » DURABUILT WINDOWS & DOORS INC. Durabuilt’s Alpha Series DEVELOPER AWARDS Show Home Parade of the Year Sponsored by Baywest Homes Ltd. » HOPEWELL RESIDENTIAL MANAGEMENT LP Mahogany Island Community of the Year – City of Calgary Sponsored by Homes by Avi (Canada) Inc. » WESTCREEK DEVELOPMENTS LTD. Legacy, Calgary New Community of the Year Sponsored by Shane Homes Ltd. » BROOKFIELD RESIDENTIAL Symons Gate Community of the Year – Calgary Region Sponsored by Shane Homes Ltd. » TAMANI COMMUNITIES Riversong, Cochrane

MULTI-FAMILY COMMUNITY AWARDS Best Multi-Family Community Sponsored by Shane Homes Ltd. » JAYMAN MODUS, A DIVISION OF JAYMAN BUILT Ebony in Mahogany Condos & Townhomes, Mahogany, Calgary Best New Design Apartment Style Condo 700 sq. ft. to 899 sq. ft. » HOPEWELL RESIDENTIAL MANAGEMENT LP Sandgate 703 1.1.d, 316-10 Mahogany Mews SE, Calgary Best New Design Villa/Duplex/Townhome up to 1,199 sq. ft. Sponsored by Goodman Company Canada » HOPEWELL RESIDENTIAL MANAGEMENT LP Chalet No6 A walkout, 60 Copperstone Common SE, Calgary MULTI-FAMILY DESIGN AWARDS Best New Design Apartment Style Condo up to 699 sq. ft. Sponsored by Ply Gem » BRAD REMINGTON HOMES (2010) LTD. G Floorplan, 215 Legacy Blvd SE, Calgary Best New Design Apartment Style Condo 900 sq. ft. and over Sponsored by FirstService Residential » BUCCI DEVELOPMENTS LIMITED Radius by Bucci – PH4, 88-9th Street NE, Calgary Best New Design Villa/Duplex/Townhome 1,200 sq. ft. and over Sponsored by NORR Architects Engineers Planners » EMPIRE CUSTOM HOMES LIMITED Valour Park Luxury Townhomes, 40 Valour Circle SW, Calgary MULTI-FAMILY HOME AWARDS Best Town Home - $300,000-$359,999 Sponsored by Superior Cabinets » AVI URBAN, A DIVISION OF HOMES BY AVI (CANADA) INC. Willow at Sherwood - Jasmine E, 579 Sherwood Blvd NW, Calgary Best Villa / Duplex – up to $374,999 Sponsored by United Drywall Ltd. » BROOKFIELD RESIDENTIAL The Cadenza in Auburn Bay Best Apartment-Style Condo – One Bedroom + Den » JAYMAN MODUS, A DIVISION OF JAYMAN BUILT E Unit in Overture in Currie Barracks, #303, 33 Burma Star RD SW, Calgary

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 31

Best Town Home - $360,000 and over Sponsored by Classic Kitchens & Cabinets Ltd. » STREETSIDE DEVELOPMENT CORPORATION Skye, Killarney Townes in Killarney, 2432, 30 Street SW, Calgary

Best New Home – $425,000-$484,999 Sponsored by Artistic Stairs Inc. » JAYMAN BUILT The Edgecombe in Mahogany, 34 Masters Avenue SE, Calgary

Best Villa / Duplex - $375,000 and over Sponsored by I-XL Masonry Supplies Ltd. » LUPI LUXURY HOMES INC. The Verona, Mount Pleasant, 402/404 25 Ave NW, Calgary

Best New Home – $275,000-$324,999 Sponsored by Classic Kitchens & Cabinets Ltd. » NUVISTA HOMES LTD. The Banbury II, 409 Ravensmoor Common, Airdrie

Best Apartment Style Condo – Two Bedrooms & Up Sponsored by Blanket Home Warranty Ltd. » JAYMAN MODUS, A DIVISION OF JAYMAN BUILT Baxters at Overture in Currie Barracks, Private NEW HOME AWARDS Best New Home – up to $274,999 Sponsored by Brookfield Residential » NUVISTA HOMES LTD. The Sage, 143 River Heights Drive, Cochrane Best New Home – $325,000-$374,999 Sponsored by RBC Royal Bank » BROADVIEW HOMES The Kornell in Ravenswood, 1548 Ravensmoor Way, Airdrie

32 YPNEXTHOME.CA

Best New Home – $375,000-$424,999 Sponsored by Ply Gem » REIDBUILT HOMES Bruno’s Custom Home in Douglasglen, Private Best New Home – $485,000-$549,999 Sponsored by Ply Gem » BROADVIEW HOMES The Stanford II in Kinniburgh, 132 Kinniburgh Drive, Chestermere Best New Home – $550,000-$619,999 Sponsored by Broadview Homes » CRYSTAL CREEK HOMES INC. The Kingsley II, 182 Aspen Vista Way SW, Calgary Best New Home - $720,000-$849,999 Sponsored by The Legacy Family of Companies » BROADVIEW HOMES The Hugo in Harmony, 61 Paintbrush Park, Springbank

Best New Home - $1,000,000-$1,499,999 Sponsored by United Drywall Ltd. » ASTORIA HOMES LTD. Private Residence-Rocky View County, Private

Best Home Renovation (without Addition) Sponsored by Manndate » MALBEC HOMES & RENOVATIONS INC. Garden Crescent Renovation

Best New Home - $2,300,000 and over Sponsored by Albi Homes a division of Brookfield Residential LP » MCKINLEY MASTERS Cambrooke Woodlands, Private

Best Kitchen Renovation – up to $89,999 » RENOVA LUXURY RENOVATIONS Scenic Acres Interior Improvement

Best New Home – $620,000-$719,999 Sponsored by Albi Homes a division of Brookfield Residential LP » ASHTON LUXURY LIVING INC. The Rosetree, in Rosemont, Private Best New Home - $850,000-$999,999 Sponsored by New Interiors Ltd. » TREEHOUSE DEVELOPMENTS LTD. The Uptown in Altadore, Private Best New Home - $1,500,000- $2,299,999 Sponsored by Superior Cabinets » ULTIMA CUSTOM HOMES INC. The Josephine, in Watermark, 38 Watermark Rd., Rocky View County PARTNER AWARDS Supplier & Installer of Products Sponsored by Multiwood Inc. » WILDWOOD CABINETS

Best Bathroom/Ensuite Renovation » KON-STRUX DEVELOPMENTS INC. Moose Mountain Homes / Rochelle Lynne Design / Kon-strux Developments – LOG CABIN BATHROOM SALES ACHIEVEMENT AWARDS Sales Team of the Year – Multi-Family Sponsored by Selkirk Stone Distributors Ltd. » CARLISLE GROUP Jim Bryce, Rhishi Patel, John O’Connor, Christophir Randal, Patricia Mackay – Legacy Gate SALES & INFORMATION CENTRE AWARDS Best Sales & Information Centre - Detached Sponsored by Westridge Cabinets (1993) Ltd. » HOPEWELL RESIDENTIAL MANAGEMENT LP Sandgate Presentation Centre, Calgary

Supplier of Service » ALBERTA ENGINEERING LIMITED Supplier of Products Sponsored by Stepper Homes Ltd. » GIUSTI WALL TECH LTD., A DIVISION OF GIUSTI GROUP OF COMPANIES RENOVATOR AWARDS Best Home Renovation (with Addition) Sponsored by Service Experts Heating & Air Conditioning Inc. » RENOVA LUXURY RENOVATIONS Bayview Transformation Best Basement Renovation Sponsored by Star Building Materials (Alberta) Ltd. » ULTIMATE RENOVATIONS Lake Fraser Basement Renovation Best Kitchen Renovation – $90,000 and over » RENOVA LUXURY RENOVATIONS Patterson Interior Improvement Best Renovator’s Choice Renovation Sponsored by Canyon Plumbing & Heating Ltd. » KON-STRUX DEVELOPMENTS INC. Moose Mountain Homes / Rochelle Lynne Design / Kon-strux Developments – Log Cabin Exterior APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 33

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All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

MATCALGARY-Hillcrest_NCG_Mag.indd 1

2016-04-13 3:43 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

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36 STREET

17 Ave

52 STREET

BLACKFOOT TRAIL

ELBOW DR IVE

06 ARRIVE AT REDSTONE BY PARTNERS DEVELOPMENT GROUP

64 Ave

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OOT T RA

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03 LiFFT BY VERICON REAL ESTATE VENTURES

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SEARCH ONLINE ypnexthome.ca

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 35

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jayman.com/motif Condo Guide April.indd 1

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13 18

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PROSPECT AVE

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24 RADIUS BY BUCCI DEVELOPMENTS Coming soon to Bridgeland www.bucci.com/radius

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26 THE ROYAL BY EMBASSY BOSA 936 16TH Ave. SW www.theroyallife.ca

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SEARCH ONLINE ypnexthome.ca

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 39

Property Profile | GROSVENOR AMERICAS & CRESSEY DEVELOPMENT CORP.

Parents help young buyers establish homeownership

in Avenue DESPITE THE RECENT ECONOMIC SLOWDOWN in Calgary,

many of today’s young buyers are finding the local market out of reach and taking on higher levels of debt than ever before to get into homeownership. This is why developers Grosvenor Americas and Cressey Development Corp., creators of the fabulous Avenue twin towers at 5th Avenue and 10th Street S.W., are seeing an increasing number of young buyers seeking the support of their parents in an effort to lessen the financial burden while taking advantage of the opportunity to build equity on properties that are holding value. Parents Karen and Rod are among many who have helped remove the financial hurdle of first-time homebuying by assisting with the down payment on a home for their daughter and her fiancé. “They were interested in living downtown and a condo was an affordable option with the one bedroom plus den layout,” the couple says. “They did not want yard maintenance and some of the tedious aspects that come with having a larger home.” “We helped with the down payment because it would 40 YPNEXTHOME.CA

take them at least five years to afford a down payment, and by assisting them now with the purchase, it allows them to build equity much sooner instead of waiting several years while they saved up enough for a down payment. The mortgage payment (including paying us back on a monthly schedule) will cost the same as renting.” Their daughter and fiancé did substantial research on 15 to 20 different multi-family developments. “We initially had a great experience when we went into the Avenue presentation centre, as Sarah and her team were very professional, welcoming and friendly,” the parents note. “The CresseyKitchen with a gas cooktop and stove was also a huge draw, as they really enjoy cooking. Avenue had a few different one-bedroom plus den options, which was important to them, and the price was in our budget. We feel the layout we went with is excellent. The location is awesome, as it’s so close to Kensington, and Grosvenor is an established developer with many projects under their belts, which gave us peace of mind.” They purchased a 750-sq.-ft. condo, with an anticipated possession date of March 2017. “We’re very happy with the choice and we hope it will be as wonderful as we’re all imagining.” The increasing growth and stable investment of a new build in the admired West End, where Avenue is under construction, was also a bonus. Avenue is comprised of 319 suites with in two towers, which include a mix of townhomes, flats, tower suites and a two level penthouse suite, says Robert Duteau,

senior vice-president development, Grosvenor Americas. “It offers a great location in the well-established West End just steps to the downtown, river pathway and charming Kensington, combining urban convenience with serene residential living.” As well, the C-Train is two blocks away and access to the Plus15 is within a short walking distance. Avenue features extensive use of glass on the exterior and exceptional finishings such as hardwood wide-plank flooring, over-height ceilings, porcelain tile, marble countertops, impressive terraces and the CresseyKitchen – a revolutionary walk-through design that creates a larger

kitchen by offering a highly efficient workspace that is stylish yet functional. It also offers terrific amenities – a fitness facility, owners lounge, on-site concierge, dogwashing station and secured parking and storage lockers. Suites range from approximately 600 to 1,800 sq. ft. and prices start from $374,900. For more information, visit the Presentation Centre and display suites at 1037 5th Ave. S.W., open Monday to Wednesday, noon to 6 p.m., and weekends noon to 5 p.m., call 403.530.8455 or visit avenuewestend.com Location

West End Builder

Grosvenor Americas & Cressey Development Development

Avenue Home Type

Twin condo towers Sales Centre

1037 5th Ave. S.W., open Monday to Wednesday, noon to 6 p.m., weekends noon to 5 p.m. Contact

403.530.8455 avenuewestend.com

APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 41

Advice | CALGARYISM

Top 5 Calgary spring & summer festivals you don’t want to miss By Cody Battershill

CALGARY’S SPRING and summer

seasons are embraced by many in YYC with open arms not only because warmth that they bring, but also due of the arrival of some of our city’s best annual festivals. Here are Calgaryism’s top five picks for spring and summer festivals in 2016:

Calgary Folk Music Festival SLED ISLAND MUSIC FESTIVAL

WHEN: July 21 – 24, 2016 WHERE: Princes Island Park

Fiestaval WHEN: July 22 – 24, 2016 WHERE: Calgary Olympic Plaza

Things get spiced up in the downtown core during Fiestaval, one of our city’s finest celebrations of Latin culture. This familyorientated event is completely free, includes artisan shops and food vendors and live music, dance and entertainment of all sorts. Last years’ stage performances were phenomenal – you don’t want to miss this one!

Lilac Festival WHEN: June 5, 2016 WHERE: 420, 1711 4th St. SW

The 4th Street Lilac Festival is one of the biggest one day festival events in Calgary all year, and one of the most exciting – that’s for sure! Spanning along 4th Street SW between 13th Avenue SW and Elbow Drive SW, this massive celebration of arts

42 YPNEXTHOME.CA

Join Us Want to know more about local activities, events and everything else to do with YYC? If so, we invite you to join us at Calgaryism on Twitter, Facebook and Instagram today – have a great spring and summer! and culture exposes you to an eclectic mix of musical genres, street buskers and other live performances that will leave your entertainment quotas filled. You’ll also get to shop around at more than 500 artisan vendors and do a bit of snackin’ (or a lot) at one of the countless food trucks or restaurants lining the streetscapes. Join over 100,000 people down at the Lilac Festival on June 5!

Sled Island Music Festival WHEN: June 22 – 26, 2016 WHERE: Various venues

Calgary’s annual Sled Island Music Festival is back and bigger than ever! With more than 200 performing artists and bands across 25 different venues during the four day event, this music festival was recently voted as one of the top 10 in Canada by CBC Radio 3 listeners. Find out what all the hype is about this summer at one of the Sled Island Music Festival events!

MORE ADVICE ONLINE nexthome.yp.ca/news/advice

GlobalFest WHEN: Aug. 18 – 27, 2016 WHERE: 285, 2323 32nd Ave. NE

There are few festivals in Calgary that deliver as much bang for your buck than GlobalFest. The nightly firework shows light up the night sky while reflecting on the ponds of Elliston Park, creating a magnificent display of color and beauty for all to enjoy. What’s cool about GlobalFest is that the firework shows are actually themed to represent different nations of the world so you can choose which night you want to check out. Apart from the show, you will find several cultural booths where you can learn about different cultures and eat some of their cuisines. There are also a variety of artisan shops and family activity areas, making GlobalFest one of the most familyfriendly and all-inclusive festivals year round!

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

PHOTO BY MICHAEL TAN

The 37th annual Calgary Folk Music Festival will feature 70 artists from more than 16 countries on nine different stages down at Princes Island Park. Apart from the live musical performances, the island will be completely transformed to include an interactive family area, culinary vendors, adult beer garden and international craft market. Join more than 10,000 people every day to watch this celebration of culture and music unfold on one of our city’s most acclaimed downtown parks!

PHOTO BY MICHAEL TAN

Trending

8 easy ways to Green your condo By Jackie Marchildon THERE ARE MANY WAYS TO MAKE your home Green.

Here are a few simple tricks. 1. Move your fridge into the shade: Leaving your fridge in the sunlight forces it to work harder and wastes energy. 2. Replace your incandescent light bulbs with LEDs: LEDs use less electricity, produce less heat and last longer than your average incandescent light bulbs. 3. Put up thick curtains in the winter: You’ll keep warmer in the colder months (sadly we have many of them) without having to crank the heat and you’ll conserve energy in doing so. 4. Sign up for online statements: You’ll save money (some financial institutions charge for paper statements), de-clutter your home and save trees in the process.

5. Use vinegar to clean: Clean everything and anything you can with vinegar; it’s the perfect all natural multipurpose cleaner! 6. Install a water-saving shower head: Admittedly the wrong low-flow shower head can make for a bad shower but nowadays there are many water-saving options that don’t compromise pressure. 7. Buy local produce — and walk to the market to get it: The less your food had to travel to get to you, the better — and who doesn’t love a good local farmers’ market? 8. Open your blinds: Avoid turning on the lights in your house and instead open your blinds to allow the sunlight to naturally brighten and warm your home. Jackie Marchildon is the bilingual senior editor at Yellow Pages NextHome. She prides herself on being interested in everything and because of this her editorial experience ranges from human rights writing to travel blogging to educational publishing.

BRIDGELAND’S BEST-SELLING COMMUNITY. MOVE IN THIS SPRING.

ASK GABLECRAFT HOW WE CAN HELP SELL YOUR CURRENT HOME.

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44 YPNEXTHOME.CA

Early 2016 Calgary & Edmonton Home Buyers Benefit Most From Market Conditions Choosing the right season to enter into a typical real estate market as a buyer involves trading off between a greater level of purchasing power in the fall/winter months – typically characterized by lower levels of sales and listings – and a greater level of choice in the spring/ summer months – characterized by higher levels of sales and listings. As spring has now sprung, one should expect to see more ‘for sale’ real estate signs in bloom across the Calgary and Edmonton regions. Usually, inventory increases would come as a relief to any winter-market buyer who was unable to find his/her perfect home amongst winter’s stock. However, recent market conditions at any time of year have experienced unusually high existing, and new home inventory levels. Despite this level of choice, home purchasing levels within these markets have remained seasonally low, and lower by comparison to 2015. Recent buyers have exercised some of the strongest levels of purchasing power seen within these markets in over 6 years (see table below).

In fact, the savings earned by these buyers strongly outpaced current annual expectations, which call for annual average single-family (SF) and multi-family (MF) price savings of -2.2% and -1.5% respectively across the Calgary region, and -2.5% and -2.7% respectively across the Edmonton region. Looking ahead, 2016 will likely continue to be an odd year in terms of real estate inventories, as supply levels will fall on average throughout most of the year. This will no doubt be the trend amongst new housing supply as total housing unit starts were down -51% across the Calgary region and down -61% across the Edmonton region in the first quarter of 2016. For prices, these supply reductions will help ensure less price flexibility within the Calgary and Edmonton regional real estate markets, making today’s buyer’s position the strongest we’ll see for the foreseeable future. To put it simply, now is the time to buy.

Edmonton Regional Q1 2016

Q1 2015

Calgary Regional Yr/Yr

Q1 2016

Q1 2015

Yr/Yr

Existing Home Market SF Sales Average SF $ MF Sales Average MF $ (Condo) Total MLS Inventory

1824

1996

-8.6%

2760

3013

-8.4%

$427,588

$432,773

-1.2%

$528,385

$538,013

-1.8%

1161

1296

-10.4%

1533

1776

-13.7%

$242,813

$250,682

-3.1%

$287,621

$299,437

-3.9%

7294

5944

22.7%

7539

7098

6.2%

-18.8%

673

1382

-51.3%

New Home Market SF Absorptions Average SF $

1294

1594

$578,093

$586,158

-1.4%

$721,212

$729,629

-1.2%

MF Absorptions

1010

1217

-17.0%

1130

1424

-20.6%

Unabsorbed SF Units

841

592

42.1%

364

382

-4.7%

Unabsorbed MF Units

969

454

113.4%

593

172

244.8%

Notes: All existing home market data and outlooks were collected from the Edmonton Real Estate Board and the Calgary Real Estate Board. All new home market data and outlooks were collected from the Canada Mortgage and Housing Corporation.

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. Our Calgary office is now open!

intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk

Glas CondoGuide 20160414.indd 1

18/04/2016 13:58

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BLACKFOOT TRAIL

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32 Ave

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ENU

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16 A V

CENTRE STREET

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144 AVE NW

EVANST O IN N L K NW SY

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NORTHWEST COMMUNITIES

NOSE HILL PARK

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CENTRE STREET

SARCEE TRAIL

FO OT TR A

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BY KNIGHTBRIDGE 16 AVENUE 15 THE GROVES OF VARSITY BY STATESMAN HOMES

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23 THE MARK 101 NUOVO BY SHANE HOMES 3727 Sage Hill Drive NW themark101.com

BARLOW TRAIL

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MacLEOD TRAIL

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IL N

16 AVENUE

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TRA

64 Ave

OLD BANFF COACH ROAD

01 THE LINK AT EVANSTON BY BROOKFIELD RESIDENTIAL

08 CARNABY HEIGHTS TOWNHOMES IN NOLAN HILL BY JAYMAN MODUS

EDMONTON TRAIL

AIL E

14 ST RE ET

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AIL TR AG AN SH

SE NO

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ENU

Sherwood Blvd at Sherwood Way NW Register Now www.thetimbers.gablecrafthomes.ca

STONEY TRAIL NW

VD. LS BL

HIL NTRY COU BED DIN GTO N

NA PI

R. LD HIL

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06 SYMONS GATE HOMES BY BROOKFIELD RESIDENTIAL

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APR 29 - MAY 27, 2016 | NEW CONDO GUIDE 51

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Neighbourhood Profile

Sunnyside-Kensington A welcoming and thriving community By Kait Kucy

Fast facts Family composition FAMILIES

COUPLES

SINGLES

54%

34%

12%

Own vs. rent

65% OWNERS

35%

MORE PHOTOS ONLINE

RENTERS

nexthome.yp.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. 54 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 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 mid-century 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.

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3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op

2.85 6.30op 2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 2.84 6.30op 2.99 6.30op 2.8 2.95op 2.45

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.35

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

PACE Savings & C.U.

4 5 6.70op

Parama Credit Union

2.65

Steinbach Credit Union

2.25

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 April 11, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700

56 YPNEXTHOME.CA

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