Calgary New Condo Guide - Jun 23, 2017

JUNE 23 - JULY 21, 2017 VOLUME 20, ISSUE 7, FREE

CALGARY EDITION

A LIFESTYLE THAT HAS NEVER BEEN SEEN BEFORE

INSIDE INSIDE THIS THIS ISSUE ISSUE

NOTE EXTRA THAT COSTS THISTO CALLOUT CONSIDER IS ALWAYS WHENYPNH BUYING GREY A HOME IN COLOUR

WMV_7.5x7_CondoGuideCover_June13_pm.indd 1

CONDOS AND THAT FEES: THE LOWER BAR ISISN’T ALWAYS ALWAYS WHITEBETTER ON BOTTOM OF PAGE

DESIGNER HIT SHIFT TIPS F7 FOR AND DISTRIBUTE PERFECTLY SPACING PAINTED AT 0.2074 WALLS INCHES

2017-06-14 11:37 AM

AN INSPIRED PERSPECTIVE ON CALGARY

INTRODUCING THE GUARDIAN’S PREMIERE COLLECTION OF SUB-PENTHOUSES IN CALGARY’S TALLEST RESIDENTIAL TOWER

PARAMOUNT SUITES

starting at $1.4 million

1-BEDROOMS

starting at $278,900

2-BEDROOMS

starting at $445,900

PRESENTATION CENTRE Developed by Hon Developments.

Prices subject to change without notice. E&EO.

456-12TH AVENUE SE

TEL 403 800 3368

MON – THURS 12 – 6PM

SAT & SUN 12 – 5PM

MOVE IN LATE SUMMER

EXPERTLY DESIGNED HOMES

Stay warm with in-floor radiant “Nu-Heat” in ensuite bathroom

Walk on stylish pure wool-blend carpeting in all bedrooms

UPSTAIRS

Revolutionary CresseyKitchen™ with its walkthrough layout, ample storage and decadent finishes

Over 1,250 square feet of space over two levels

Air conditioning for warm-weather comfort

Wide-plank engineered hardwood flooring in main living areas

Over 250 square feet of outdoor living on a private terrace

TOWNHOMES STARTING FROM $ 703,900 PRESENTATION CENTRE:

1037 5th Avenue, SW, Calgary 9 ST SW

RI

10 ST SW

BOW

VER 5 AVE SW

Sat & Sun: 12–5, Mon–Wed: 12–6 Thurs & Fri: Closed

6 AVE SW

403-530-8455

AVENUEWESTEND.COM

Prices, floorplan layouts and finishes are subject to change. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E&OE.

MAIN

contents JUNE 23 – JULY 21, 2017 | VOLUME 20 ISSUE 7

11 ON THE COVER

Westman Village in Mahogany:

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Resort-inspired living!

property profile

advice

20 Bridgeland Hill

18

Offering great location, immediate possessions

Condo fees: Lower isn’t necessarily better

By Linda Palfi

trending

16

29

Housing starts

30 News & views

Navigating the housing market and winning the game

Housing starts are up in Alberta, sign of optimism

Housing market

Home prices trending up, detached demand on the rise

Contemplating condominiums

By Lydia McNutt

32

Calgaryism

“Extra” costs when buying a home

By Cody Battershill

20

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani DIRECTOR OF CONTENT

Jennifer Reynolds MANAGING EDITOR

Wayne Karl SENIOR EDITOR

Lydia McNutt ACTING ART DIRECTOR

Miguel Cea CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit MEDIA CONSULTANT

Natalie Houghton 587.226.1313 SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

John Jenkins PRODUCTION MANAGER

Anthony Majetic PRODUCTION CO-ORDINATOR

Greg Van Sluytman 2891 Sunridge Way N.E. Calgary, AB T1Y 7K7 ypnexthome.ca

ADVERTISING RATES

36 in every issue

10 34 Mortgage advice

36

EDITORIAL

42 Advertiser Index

Tropical daydreams

By Elisa Krovblit

40 Designer advice

Ten tips for perfectly painted walls

By Jane Lockhart

COPYRIGHT 2017

Inner City

By Alyssa Furtado

What’s online

district maps

15 19 25 27 31 35

Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

Southeast Map

22 Neighbourhood Profile 39

Decor essentials

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. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada.

Editors’ Note

Mortgage broker or bank: which is best for you?

inspiration

T 587.226.1313 email natalie.houghton@ypnexthome.ca

Northeast Map Northwest Map Southwest Map Satellite Communities

Editorial submissions from interested parties will be considered. Please submit to the editor at Lydia.McNutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

Editor’s Note

Ready for a rate hike?

TODAY’S HISTORICALLY LOW LENDING RATES have prospective

LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@ypnexthome.ca Twitter: @LydiasTweets

homebuyers eager to take advantage of lower interest payments; mortgage holders losing sleep at the prospect of a rate hike; and everyone wondering what will happen when the Bank of Canada finally makes a move. Well, there could be trouble brewing – at least according to the latest Manulife Bank Homeowner Debt Survey.

Manulife reports that many Canadian homeowners, particularly Millennials, lack the financial flexibility needed to manage rising interest rates, unforeseen expenses or interruption in their income. The survey results reveal that: » Twenty-five per cent of Millennials have no emergency savings. » One in four homeowners were “caught short” at least once in the past year, with insufficient money on hand to manage daily expenses. » Seventy per cent of Canadians would not be able to handle a 10-percent mortgage rate increase. » The likelihood of mortgage rates jumping 10 per cent in the near future is slim to none, but it never hurts to be prepared. Try these tips: » Stress-test your mortgage against a higher rate, to ensure you can service a larger debt load. » Don’t spend the maximum you can afford. With the current five-year fixed rate as low as 2.24 per cent, your dream home may be a reality today, but can you still afford the payments at a rate of 5.5 per cent, or higher? » Consider all your expenses including student loans, car payments, taxes, bills – and don’t forget about savings and retirement! » In the meantime, rather than piling on the debt, take this low rate environment as an opportunity to pay down your existing debt faster, so when rates do rise, you won’t lose any sleep.

CONDO RULES & REGS

READ THE STORY ONLINE Selling your condo? Resist the temptation to post “For sale” signs in your window. Come to think of it, your neighbour on the right should take that aluminum foil off his bedroom window. And what about the satellite dish one suite over? Bottom line – condo rules exist to ensure the high standard of living in your building. Read the full story… nexthome.yp.ca/condo-rules

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Property Profile | WESTMAN VILLAGE

cover story

Jayman’s Westman Village offers a resort-like community IMAGINE BEING ABLE to live in a vacation-like atmosphere year-round, where you can enjoy a wide range of amenities at your doorstep along with your very own concierge service. That’s what buyers are quickly discovering at Westman Village in Mahogany.

Crafted by Jayman BUILT, Westman Village is a mixeduse community being developed on 14 acres on the shores of Mahogany Lake in southwest Calgary, blending together unique residential offerings and a wide range of amenities and conveniences.

“Inspired in part by resort-style communities in Palm Desert, we have ultimately created a residential village like Calgary has never seen, offering an unsurpassed lifestyle

experience,” says Jay Westman, chairman and CEO of Jayman BUILT. “Westman Village provides a club-style atmosphere, incredible customer service, amenity-rich offerings and a connection between neighbours.”

You’ll see how this unique village is coming to life when visiting the presentation centre and its three new showsuites, which showcase the purposeful design, form and function woven into each Calligraphy and Reflection suite. You’ll also see two of Calligraphy’s four levels (Select, Extra, Plus and Ultra) of interior design finishing options that allow buyers to add their own unique tastes to their suites.

The two Calligraphy showsuites include a 622-sq.ft. one-bedroom-plus-den with Select finishings and a JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 11

932-sq.-ft. two-bedroom featuring Ultra finishings, while the Reflection showhome is a 1,605-sq.-ft. two-bedroomwith-den presenting Plus finishings, 10-ft. ceilings and two generous terraces.

Calligraphy has 104 suites in the first of three, six-storey buildings ranging from 537 to 1,116 sq. ft. and highlighted by modern kitchens, dedicated entries with benches, generous storage, and large patios or balconies starting at $219,900 + GST. 12 YPNEXTHOME.CA

Reflection consists of 54 upscale, exclusive estate condominiums in nine buildings offering lakeside and garden views. These luxuriously-appointed homes feature spacious two-bedrooms-with-den designs ranging from 1,528 to 2,573 sq. ft. and starting at $729,900 + GST. Westman Village also includes Lyric Choice Rentals and Journey Club retirement condos.

And, all residents will have access to the incredible, amenity-filled, 40,000-sq.-ft. Village Centre, which is

under construction and slated to open in early 2018. The centre will feature a concierge, bistro, fitness centre, spin class room, hot yoga, salt-water pool and water slide on the first floor. Upstairs will be an indoor garden, library, terrace, multi-purpose rooms, a gym, lecture hall/theatre, a demo kitchen, golf simulator, party room with wet bar and a billiard/games room. The underground parkade level will have a wine cellar/wine making area, hobby room and wood-working room.

The overall site will be beautifully landscaped and include a reflection pond and water fountain, pathways, a dog park, two restaurants and 42,000 sq. ft. of niche retail space.

For more information, visit the presentation centre and new showsuites, at 1955 Mahogany Blvd. S.E., open Monday to Thursday, 2 to 8 p.m.; and weekends and holiday, noon to 5 p.m.; closed Fridays. Call 587.350.0237 or visit westmanvillage.com.

JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 13

Discover superior “Resort Style Living” on Fish Creek Park 40+ Adult Community/Steps from Fish Creek Park/Fitness Centre/Movie Theatre Coffee Bar/Bowling Alleys/Swimming Pool/Steam Room/Hot Tub/Wine Cellar/Library/Games Room Woodworking Shop/Craft Room/Sanderson Banquet Facility/Catering Kitchen/Guest Suites Car Wash Stations/Heated Underground Parking and More….

CONDOS

LIMITED SELECTION

Combination of one, two and two bedrooms with den. Now Selling from

Luxury Penthouse Condos Now Selling from

339,900 to $724,900* + GST

$

724,900* + GST

$

Sanderson Ridge, where luxury is the standard.

Discover first-hand the quality craftsmanship of these Luxury Condominiums.

Visit us today at 2330 Fish Creek Blvd. SW or at www.sanderson-ridge.ca to learn more. 403-460-3771 *Prices are subject to change without notice and do not include GST.

Celebrating 40 Years

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

AIL

TR

17

12

LEO AIL

07 03

20

Corner of Cranford Dr and Cranston Gate SE Register: www.cardellifestyles.com/ cranston-ridge

02 COPPERFIELD PARK

BY BRAD REMINGTON HOMES 279 Copperpond Common S.E.

N

06

MAHOGANY

13

D. BLV

07 AUBURN WALK

BY CARDEL LIFESTYLES

Showsuite and Sales Centre Corner of 52nd Street and Auburn Meadows Dr. SE

08 THE MORELLO 15207 1st SE themorello.ca

04 LEGACY GATE

BY CARLISLE GROUP

10 CANOE

BY AVI URBAN

05 LEGACY STREET TOWNS

BY HOMES BY AVI 42 Legacy Blvd SE

06 CRANSTON

BY AVALON MASTER BUILDER 442 Cranford Park SE

19 CHAMPAGNE

BY REMINGTON DEVELOPMENTCORPORATION Quarry Park Blvd SE remingtoncorp.com

20 ORIGINS AT CRANSTON

BY STREETSIDE DEVELOPMENTS 21 ALTURE MIDCITY

BY ALTURE PROPERTIES

09 BRISTOL TOWNHOMES

BY BIRCHWOOD NOW SELLING

210 Ave. SE www.legacygate.ca

Presentation Centre: 350 Quarry Park Blvd SE

111, 100 Cranfield Common SE

25

03 MUSKOKA

BY BROOKFIELD RESIDENTIAL 65 Auburn Meadows Way

22

AUBURN BAY

SETO

13

15 LEGACY

10

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CRANSTON

05 WALDEN 01 04 23 26 24

W ST. 52

D TR

VITT

McKE

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CHAPARRAL

COPPERFIELD

TRAIL

N F LOR UIS O

01 CRANSTON RIDGE

BY CARDEL LIFESTYLES

18 THE GATES

BY REMINGTON DEVELOPMENT CORPORATION

02 11

16

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

232 Quarry Park Blvd. SE

103 Auburn Meadows Dr.

11 CHALET NO. 6

BY HOPEWELL

15233 1 Street Southeast midcitymidnapore.ca

22 MAHOGANY STREET TOWNS

BY HOMES BY AVI 13 Marine Dr SE

23 LEGACY PARK

BY BRAD REMINGTON HOMES Register at: mylegacypark.ca

24 JACKSON

BY AVI URBAN

Coming soon to Walden

25 RIVERSTONE MOSAIC

BY BROOKFIELD RESIDENTIAL 98 Cranbrook Dr. SE

26 WALDEN PLACE

BY CARDEL LIFESTYLES Coming Soon

Registration www.cardellifestyles.com

98 Copperstone Common SE

12 EBONY CONDOS & TOWNHOMES IN MAHOGANY

BY JAYMAN MODUS 291 Mahogany Way

Move in today!

Condos starting from

$229,900

JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 15

Trending

Housing starts are up in Alberta Sign of optimism: CMHC

HOUSING STARTS ACROSS CANADA was were up in May compared to April

2017, with construction kicking off on 214,621 units, according to Canada Mortgage and Housing Corp. (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“Row and apartment units led the upward move, while construction has slowed for pricier single- and semi-detached houses,” says Bob Dugan, CMHC’s chief economist.

In Alberta, housing starts are on the rise this year in most urban centres – a good indication the region is on the road to recovery. Strengthening labour market conditions in Calgary and Edmonton generated more optimism among local home builders.

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely

MORE TRENDING ONLINE ypnexthome.ca/news

16 YPNEXTHOME.CA

driven by the multi-unit segment of the market which can vary significantly from month to month.

The standalone monthly SAAR of housing starts for all areas in Canada was 194,663 units in May, down from 213,498 units in April. The SAAR of urban starts fell by 10.2 per cent in May to 178,518 units. Multiple urban starts decreased by 10.8 per cent to 118,694 units in May and singledetached urban starts decreased by 8.9 per cent, to 59,824 units.

Rural starts were estimated at a seasonally adjusted annual rate of 16,145 units.

CONDOS & TOWNHOMES mid from the

$

200s

OWN THE LAST GREAT FISH CREEK ADDRESS Connect to nature, to your neighbours and to transit that gets you everywhere you want to go.

This is a neighbourhood you’ll love to call home.

DON’T MISS THIS LIMITED OPPORTUNITY! SHOW HOMES NOW OPEN

LIVE STEPS FROM FISH CREEK PARK AND THE FISH CREEK-LACOMBE LRT STATION

NOW SELLING!

CHOOSE YOUR HOME TODAY:

• Single-Level Apartment-Style Flats • Two-Storey Cityhomes with Private Street Access • Two-Storey Townhomes with Double Garages

PRESENTATION CENTRE & SHOW HOMES 99 SHAWNEE COMMON SW • 587.481.3111

The developer reserves the right to change plans, specifications, pricing promotions, incentives, features, elevations, floor plans, designs, materials, amenities and dimensions without notice in its sole discretion.

All renderings, colour schemes, floor plans, maps and displays are artists’ conceptions and are not intended to be an actual depiction of the home or its surroundings. Homeowner association fees may be required. E&OE.

LEARN MORE AT

FISHCREEKEXCHANGE.CA

Advice | CONTEMPLATING CONDOMINIUMS

Condo fees: Lower isn’t necessarily better

6 AVE N

By Linda Palfi

MORE ADVICE ONLINE ypnexthome.ca/news/advice

CONDO “FEES” ARE LIKE CITY TAXES

– they’re proportionate to the cost of maintenance and the level of service we demand, to cover direct expenses plus contributions to a rainy day fund.

There are numerous reasons why condo fees can be higher or lower between neighbouring condominium developments; and lower is not necessarily better! One condo Board, for example, may be unwisely ignoring looming capital costs, such as replacing water lines, hot-water boilers and the roof. At first glance they look like geniuses for keeping condo fees so low. Yet, when the roof and pipes leak, that board will have an inadequate cash reserve, so all owners could be facing a large special assessment to quickly raise the funds needed for repairs.

Right next door, homeowners may be paying $50 per month more, which at first glance makes us frown.

Yet a look at the books could show they have thus saved up $1,500 for each of 100 living units – sufficient to cover pending capital expenses and to have a cushion left over afterwards.

As well, that development may be providing a higher level of services to its owners in the form of better snow removal, landscaping, gardening and maintenance touch-ups that reflect pride of ownership. Such obvious pride and reserve funds, by the way, often outweigh lower condo fees when it comes to obtaining high value on the resale market.

Typically, townhouse owners make 18 YPNEXTHOME.CA

a smaller monthly contribution than apartment condos, simply because townhouses can have their own water meters, and usually have their own furnaces and water heaters, while apartment condo owners pay their corporation to operate these centrally. Either way, you pay to stay warm in the winter and for the hot water that flows from your taps.

Monthly condo fees can also be higher when a condo corporation has recreation facilities to operate. If you don’t use a pool, sauna, whirlpool, weight room or tennis court, why buy into a development where you’ll pay to maintain them? Calgary has some highrise condominium buildings with great indoor swimming pools – filled with crushed gravel and a few potted plants plopped on top! Those owners simply could not justify the costs of continued operation or overhaul of the aging facilities.

The type of construction can also be a factor in the monthly contributions needed to run a condo development properly. Some concrete buildings and parking structures were built using posttensioned cable-reinforced concrete construction. While most such

buildings are just fine to buy into, some may need to budget for future cable replacement, and virtually all of them require an engineering inspection every two years, perhaps followed by more minor remedial work. These can be great buildings offering open floor plans and fine views, but there will be some ongoing cost to all the owners, and therefor slightly higher condo fees.

New developments, of course, have all new components, and may face few capital costs for several years. Even so, some builders are a bit optimistic about what it will really cost to run a development after the purchasers become owners of the condominium corporation. Often, operating reality soon shows that proper maintenance and reservefund contributions for future major expenses require an increase in fees from what was represented in the show suite. Don’t blame the sales staff for the optimistic presentation, but increase the numbers 25 to 50 per cent within two years for your own comparison and budget purposes, just in case.

You usually get what you pay for.

Don’t shop for a condo based only on its condo fees. Lower fees may mean you’ll receive little in the way of services or reserve-fund protection.

Don’t be afraid of higher, yet reasonable, condo fees. That might mean you’re looking at a well-run development, run by a board that’s not afraid to charge what it costs to do the job right, and to save for a rainy day.

Linda Palfi is a condominium specialist realtor with Greater Calgary Real Estate.

She sits on multiple condo boards, and is a member of the Inquiry Committee of the Calgary Real Estate Board. Visit condosincalgary.com or call 403.998.7732

GREYHOUND BUS TERMINAL

23 AVE S

26 AVE S

INNER CITY 12 KENSINGTON

BY BUCCI 301 10th St. NW

RILEY PARK

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6 AVE N

5 AVE N

13 FIRST

BY FRAM + SLOKKER

3

VE 4A

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SUNNYSIDE 20 STATION

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

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25

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15 SCOLLEN HOUSE BY 320 MISSION DEVELOPMENTS

01

Corner of 25th & 3rd St. SW

4 AVE S

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BY GIUSTINI BRIDGES IN.

13 18

5 AVE S 6 AVE S

REYHOUND US TERMINAL

MILLENNIUM PARK

Sales Centre 921 - 1st Ave. NE

19 CONVENTION CENTRE

9 AVE S

17

CITY HALL

FORT CALGARY

26

07

1 ST E

COLONEL BELCHER HOSPITAL MOUNT ROYAL VILLAGE

26 AVE S

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TALISMAN SPORTS CENTRE

4 ST W

5 ST W

VICTORIA PARK / STAMPEDE STATION

PROSPECT AVE

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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

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OLYMPIC WY

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1 ST W

2 ST W

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4 ST W

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BY BATTISTELLA 622-8 Ave. SE

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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.

Starting from the $330’s

JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 19

Property Profile | BRIDGELAND HILL

BRIDGELAND HILL

Offering great location, immediate possessions BUYERS WHO DESIRE AN AMAZING LOCATION within walking distance to

downtown, a variety of amenities and having the opportunity to move in today will love to discover this dynamic condominium offering on the hill in Bridgeland.

Created by Gablecraft Homes, Bridgeland Hill is conveniently situated on Edmonton Trail in the sought-after northwest Calgary community of Bridgeland, and because the building is complete, buyers can enjoy immediate possessions.

“We’ve had a very positive response to Bridgeland Hill,” says Sarah McNeil, project manager, Rennie Marketing System. “We are seeing a number of firsttime homebuyers and working professionals moving into the building. They enjoy the convenience that they can buy and move in today.

20 YPNEXTHOME.CA

“They love the location and want to be in this neighbourhood because they can walk to a variety of trendy restaurants, coffee shops and enjoy pathways, parks and bike trails – all while being just minutes from the downtown core for work,” she says, noting the location is minutes from the C-Train Station and it’s an easy walk or bike ride to the city centre.

Bridgeland Hill presents a fourstorey building consisting of 101

suites, from studios to threebedrooms ranging from 577 up to 1,088 sq. ft. and priced starting from $299,900.

“The suites have oversized windows to let in plenty of natural light, but also to take advantage of the inspiring park and downtown views due to the hilltop vantage point,” McNeil says. “The interiors are bright and airy with functional, livable designs and terrific features.”

Buyers will appreciate the interior features that include high-quality durable, German-made HARO laminate flooring, expansive decks for outdoor entertaining and in-suite laundry with ultra-quiet Whirlpool front-load washer and dryer.

Gourmet kitchens come with

quartz slab countertops, Whirlpool gas cook top, built-in microwave and dishwasher, stainless steel Fisher & Paykel refrigerator, large format gloss tile backsplash and undercabinet lighting. The bathrooms feature deluxe stone countertops and backsplash, custom cabinets and porcelain tile floors. Each suite also includes an underground parking stall and large storage locker.

Residents will also enjoy onsite amenities that include a private fitness centre, social room, 2,000-sq.-ft. landscaped courtyard for picnics and summer relaxation and socializing, and a private bike room with ramp access to Edmonton Trail so there are no stairs to worry about.

The building itself boasts elegant architecture that fits nicely with the community of Bridgeland, an established neighbourhood that is rich in heritage and culture, and located only five minutes from downtown and Kensington. The area is bustling with some of Calgary’s best restaurants, markets and boutique shops placing many amenities minutes from the doorstep.

You can learn more about Bridgeland Hill by visiting the onsite presentation centre, at #5 - 510 Edmonton Trail N.E., open Monday to Thursday, noon to 6 p.m.; weekends, noon to 5 p.m.; and Fridays by appointment only. Visit online at bridgelandhill.gablecraft.ca.

JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 21

Neighbourhood Profile

Inglewood Small town charm in the big city

By Kait Kucy

Fast facts Average household income

$110,985

Most common housing type

Detached

Family composition

FAMILIES

COUPLES

SINGLES

17%

35%

48%

Own vs. rent

MORE PHOTOS ONLINE

67%

ypnexthome.ca/inglewood

INGLEWOOD is one of Calgary’s most historic communities, located at the convergence of the Bow and Elbow rivers. Lush with parks and greenery, and a bustling local retail scene, Inglewood is a hot neighbourhood for young families wanting a small-town feel in the big city.

Lifestyle Inglewood is perfect for those who like to live an active and well-rounded lifestyle. Plenty of outdoor green space encourages walking, biking or running through the neighbourhood.

The retail and restaurant scenes are thriving, so you can expect unique boutique finds or delicious dining throughout your travels in Inglewood.

The vibe Inglewood is fun and vibrant, welcoming residents and business owners with open arms. The neighbourhood’s close proximity to the railway and rail yards could be perceived as a negative to some, however many residents say it doesn’t bother them. Overall, this is a great spot to make a home.

22 YPNEXTHOME.CA

OWNERS

In the area Inglewood is one of Calgary’s oldest neighbourhoods. Heritage homes, beautiful brick buildings and a creative atmosphere make this an excellent neighbourhood to live and work.

Many start-ups, design companies and small businesses are located in Inglewood, making it a busy, vibrant neighbourhood, seven days a week.

Green space is not hard to find here, thanks to the close proximity to the two beautiful rivers located in the area.

Meet the neighbours Inglewood boasts an eclectic demographic. Live/work properties attract creative types. On weekdays, streets are filled with young professionals. On weekends, families take to the avenue, browsing shops and restaurants, making stops at the local parks along the way.

Inglewood also has an established older population who has seen the neighbourhood go through big changes over the past 20 years.

Dollars & sense Inglewood is fairly affordable. Here,

33%

RENTERS Education levels

44% UNIVERSITY

27% COLLEGE

29% HIGH SCHOOL SOURCE: ENVIRONICS

you can simultaneously grab both a slice of pizza or across the street, a higher end gourmet slice. Prices here are about average when compared to other inner-city neighbourhoods, and the mix of retail offers something for everyone.

Planes, trains & automobiles Inglewood is primarily pedestrian, although 9th Avenue SE sees lots of vehicle traffic during the day. It’s also bike-friendly with easy access to the City of Calgary bike pathways.

Public transit is frequent, although the closest C-Train stops are in the East Village and in Bridgeland.

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METIS TRAIL

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52 STREET

CALGARY INTERNATIONAL AIRPORT

64 Ave

CENTRE STREET 12 AVENUE

07 ARRIVE AT SKYVIEW RANCH ARBOURS

BY PARTNERS DEVELOPMENT GROUP Coming Soon www.arrivehome.ca

08 MAVERICK

BY AVI URBAN

Coming Soon to Livingston

RIVE

RIAL D

MEMO

36 STREET

13 V&V

BY PROVIDENCE GROUP

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17 Ave

52 STREET

BLACKFOOT TRAIL

ELBOW DR IVE

104 Redstone View (off Redstone Way)

16 AVENUE

02 43 PARK

BY VERICON REAL ESTATE VENTURES

MacLEOD TRAIL

43park.ca

ANDERSON ROAD

DEERF

114 AVE SE

OOT T RA

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W BO M IL

Mac

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MARQ

RNE OF LO

TRAIL

COPPERFIELD

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SHAWNESSY BLVD.

NEW BRIGHTON

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84 STREET

BARLOW TRAIL

GLENMORE TRAIL

SOUTHLAND DRIVE

FISH

64 Ave

06 ARRIVE AT REDSTONE

BY PARTNERS DEVELOPMENT GROUP

13

17 Ave

GLENMORE RESERVOIR

05 MOTIF

BY JAYMAN MODUS

32 Ave

03 04 MEMO 02 01 RIAL D RIVE

Coming Soon bridgelandcrossings.com

80 Ave

MCKNIGHT BLVD.

16 AVENUE

01 BRIDGELAND CROSSINGS

BY APEX CITY HOMES

Sales Centre 921 - 1st Ave. NE www.stepsbridgeland.com

68 STREET

14 STREET

.

04 STEPS BRIDGELAND

BY GIUSTINI BRIDGES IN.

52 STREET

CRI J OW OHN CH L ILD AUR IE TR BLV AIL D

Sales Centre #701, 7th Ave. NE livelifft.com

SADDLETREE DR.

FA L RID CON GE

NOSE HILL PARK

EDMONTON TRAIL

SH AG AN

NA

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CO

05 128 NE Ave

COUNTRY HILLS BLVD.

FO OT TR AIL

VD. LS BL

Y HIL UNTR

03 LiFFT

BY VERICON REAL ESTATE VENTURES

STONEY TRAIL 06 07

CHAPARRAL CRANSTON

ABURN BAY

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04 WILLOW AT SHERWOOD

BY AVI URBAN Visit Sales Centre at 64 Nolan Hill Gate

IL FO OT TR A ER

355 Kincora Glen Rd. NW www.emeraldsky.ca

W

CALGARY INTERNATIONAL AIRPORT

13 THE LOOP

BY STREETSIDE DEVELOPMENTS

150 Evanscrest Manor NW

14 MAVERICK

BY AVI URBAN

Coming Soon to Livingston 32 Ave

02 19

15 THE GROVES OF VARSITY

BY STATESMAN HOMES

5353 Crowchild Trail NW 16 AVENUE

16 DISENO

BY LANDMARK HOMES

ME M O R I AL

D

18 SONOMA AT SAGE HILL

BY VERTICAL PROPERTIES 36 STREET

21

881 Sage Valley Boulevard www.sonomasagehill.com

17 Ave

37 STREET

05 ARRIVE AT EVANSTON

BY PARTNERS DEVELOPMENT GROUP

21 LIDO

BY BATTISTELLA

Symons Valley Parkway please call 587-755-1166

06 SYMONS GATE HOMES

BY BROOKFIELD RESIDENTIAL 33 Sage Bluff Blvd. NW

Sales Centre 1120 Kensington Rd

22 AVIRA TOWNHOMES IN EVANSRIDGE

BY JAYMAN MODUS 470 Evansridge Court

07 THE TIMBERS

BY GABLECRAFT HOMES

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

Corner of Shaganappi Trail & Symons Valley Pkwy NW V I R E

23 THE MARK 101 IN SAGE HILL

BY NUOVO BY SHANE HOMES 3727 Sage Hill Drive NW 403.536.2388 themark101.com

BARLOW TRAIL

3503 Sage Hill Drive NW

12 EMERALD SKY

BY CARLISLE GROUP

BLACKFOOT TRAIL

03 VIRIDIAN

BY TRICO HOMES

Register today: Ezraonrileypark.com

IL N

ELBOW DRI VE

RE T RAIL 2nd Ave and 10th St. NW

BY BUCCI

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11 EZRA ON RILEY PARK

BY BIRCHWOOD PROPERTIES

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HA RV BLVEST H D N ILLS E TRA

64 Ave

SARCEE TRAIL

69 STREET

85 STREET

CENTRE STREET

14 ST RE ET

16 AVENUE

521 Evanston Link NW 02 KENSINGTON GLENM O

10 SAGE PLACE

BY CARDEL LIFESTYLES 450 Sage Valley Dr.. NW

VD. LS BL

OLD BANFF COACH ROAD

01 THE LINK AT EVANSTON

BY BROOKFIELD RESIDENTIAL

355 Nolan Crest Heights

STONEY TRAIL NW

EDMONTON TRAIL

AIL ENU

14

22

NOSE HILL PARK

JO HN CR LA OW UR 14 IE CH BLV ILD D. TR AIL

460 Nolan Hill Blvd.

09 NOLAN PARK

BY CARDEL LIFESTYLES

CENTRE STREET

AIL TR NA PI SH AG AN

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Y TR

SE

E STON 16 A V

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05

HIL NTRY COU BED DIN GTO N

STONEY TRAIL NW

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13

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06 18 SY 23 03 MO NS VA 08 L 07 LEY RD 12 .

04

08 CARNABY HEIGHTS TOWNHOMES IN NOLAN HILL

BY JAYMAN MODUS

MacLEOD TRAIL

COUNTRY HILLS BLVD.

10

14 STREET

09 16

85 ST. NW

ROCKY RIDGE BLVD.

144 AVE NW.

SYMONS VALLEY PKWY

NORTHWEST COMMUNITIES

SOUTHLAND DRIVE ANDERSON ROAD

DEERF

OOT T

AIL TR

AIL

VITT

McKE

D TR

LEO

SHAWNESSY BLVD.

EK P ARK

M TTO BO

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Mac

S JAME

SEARCH ONLINE

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RAIL

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TRAIL

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JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 27

144 AVE NW

EVANST O IN N L K NW S

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ON

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KW YP

Y NW

Trending

Home prices trending up, detached demand on the rise CALGARY HOME PRICES trended up in May for the fourth consecutive month, fueled by the detached housing sector, but still sit below the 2014 high.

“The economic climate is supporting detached housing market recovery,” says Ann-Marie Lurie, chief economist at the Calgary Real Estate Board (CREB). “Improved demand and easing supply has created more balanced conditions and ultimately some modest price gains. While it will still take some time for prices to recover, the transition in the detached segment is an important first step to

GOING GOING GONE!

stabilization across all segments of the housing market.”

For the first time since June 2015, prices in the detached sector did not decline on a year-over-year basis.

Unadjusted detached benchmark prices reached $509,000 in May, one per cent higher than last month and May 2016 levels.

Like the detached market, the attached product has moved towards more balanced conditions. This has supported some recent directional shifts in pricing. However, monthly price declines had fallen by 4.7 per cent over peak levels and year-to-

date benchmark prices remain two per cent below last year’s levels.

Against this backdrop, the number of new listings rose to 3,866 units in May, which is 17 per cent higher than last year’s total for the month. Despite this rise, year-to-date new listings have declined by one per cent over last year.

“With the change in market dynamics, people no longer feel like they may need to settle for a second choice in a property,” said Brown.

“There are lots of housing choices in every segment of the market and that made for a good situation in an already active spring market.”

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N A M E S

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O N LY

Advice | NEWS & VIEWS

Navigating the housing market and winning the game

By Lydia McNutt

MORE ADVICE ONLINE ypnexthome.ca/news/advice

ALBERTA’S HOUSING MARKET could

be in recovery. According to the latest sales report by the Calgary Real Estate Board, demand for detached housing is rising, and prices in general are on an upswing.

What does this mean for the prospective homebuyer? When demand increases, so too does competition.

While Calgary homebuyers may not be experiencing bidding wars just yet, here are some strategies for the smart homebuyer – regardless of market conditions.

you shop. If you do find yourself in a multiple-offer scenario, you’ll know exactly how much you can bid without breaking the bank. Then, make your best offer and keep your fingers crossed.

IT’S TIME FOR A REALITY CHECK

Keep a level head when making an offer, and don’t let your emotions get the best of you. A home is only worth so much, and it’s up to you to decide what that magic number will be.

Set your budget and perhaps more importantly, stick to it.

PRE-APPROVAL PEACE OF MIND

Nothing beats the sting of finding your dream home after a lengthy and exhaustive search, only to learn that it’s not actually in your price range.

A mortgage pre-approval gives you the freedom to shop for a home, knowing that: a) your lender has agreed to the amount; b) you can actually afford the mortgage payments; and c) you’ll lock-in your low mortgage rate for up to 90 days, eliminating the worry of rate increases while 30 YPNEXTHOME.CA

volumes, average price and days on market, both by housing type and neighbourhood. You can then make an offer that you’re comfortable with, based on real market data. #WINNING

LINE UP YOUR SOLDIERS

An experienced real estate agent, financial adviser and lawyer will guide you across the potential minefield that is the housing market.

These professionals will help you keep your emotions in check, and make a wise purchasing decision based on facts and figures, not feelings. Remember that a home is an emotional purchase, but it’s also one to be made with your head, not your heart. This team of experts will guide you with an unbiased eye.

Make a smart bid that reflects what the home is worth and what you can comfortably afford, even when interest rates rise by one, two, three per cent or more.

Winning the housing market game can be viewed in a number of ways.

To some, winning means getting the home they love – at any cost. To the smart buyers out there, winning means knowing the difference between good value and over-value, and making a sound purchasing decision that you can live with for years to come.

COMPARE AND CONQUER

Once you have a budget and a team of professionals, you can hit the streets. Compare homes to others that sold in the same area. Your realtor has access to the Multiple Listing Service (MLS), giving you information like sales

Lydia McNutt is an award-winning writer and the editor of New Condo Guide.

Lydia’s love of architecture, interior design and the written word have landed her happily at YP NextHome, where real estate rules. Lydia can be reached at Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets

DE

TR AIL PI NA SH AG AN

DR .

HIL L NO SE

AIL EY TR STON

NOSE HILL PARK

JO

HN CR LA OW UR IE CH BLV ILD D. TR AIL

CALGARY INTERNATIONAL AIRPORT

64 Ave

16 AVENUE

SARCEE TRAIL

4

TRA

IL

16

36 STREET

17 Ave

14

02

07

19

08

18

05 15 11

IV E

09

GLENMORE RESERVOIR

DEERF

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MARQ 17 06

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02 BROOKLYN CONDOMINIUMS

BY TRICO HOMES

05 OVERTURE ESTATE CONDO LIVING IN CURRIE BARRACKS

BY JAYMAN MODUS

03 WALDEN PLACE

BY CARDEL LIFESTYLES

Coming Soon Register www.cardellifestyles.com

2330 Fish Creek Blvd. SW www.sanderson-ridge.ca

13 ALTADORE 36

BY BROOKFIELD RESIDENTIAL

36th St. & 16th Ave SW Register Now www.altadore36.com

TRAIL

Currie Barracks

16 AXESS

BY SLOKKER CANADA WEST

Currie Barracks Sales Centre www.gainaxess.com

04 THE LANDINGS

BY STATESMAN

1710-28 Ave. SW www.brooklyncondos.ca

12 SANDERSON RIDGE ON FISH CREEK PARK

BY TELSEC

15 THE ARMORY

BY COVE PROPERTIES

01 HUNTER HOUSE

BY STREETSIDE DEVELOPMENT 1020 194th Ave S.W. www.hunterhouseliving.com

10 VIVACE

BY STREETSIDE DEVELOPMENTS

1605 25 Ave SW

TR

AIL D TR LEO SHERIFF KING ST. SW

VITT

McKE 194 AVE

98 Mission Road SW mission34.ca

14 MAX TOWNHOMES

BY ASSURED DEVELOPMENTS

TTO BO

EK P ARK

Mac

S JAME

01

RAIL

W BO

CRE

SHAWNESSY BLVD.

09 MISSION 34

BY ASSURED COMMUNITIES

Sales Centre in Currie Barracks J5, 2953 Battleford Ave. SW

ANDERSON ROAD

12

Presentation Centre: 2719 14th St. SW

11 JUNO

BY AVI URBAN

SOUTHLAND DRIVE

FISH

08 ALEX

BY ASSURED COMMUNITIES

Presentation Centre: 2118, 8561-8A Ave. SE

BARLOW TRAIL

ORE

13

DR

MacLEOD TRAIL

NM

ME M O R I AL

37 STREET

GLE

69 STREET

85 STREET

10

16 AVENUE

BLACKFOOT TRAIL

OLD BANFF COACH ROAD

32 Ave

EDMONTON TRAIL

E

14 STREET

ENU

ELBOW DRI VE

16 A V

CENTRE STREET

SOUTHWEST COMMUNITIES

17 LEGACY GATE

BY CARLISLE GROUP

771 Patrick St. S.W.

#101, 11 Burma Star Road

06 LEGACY PARK

BY BRAD REMINGTON

Register at: mylegacypark.ca

07 GLAS

BY AVALON MASTER BUILDER 102, 1808 27th Ave. SW

210 Ave. SE. www.legacygate.ca

18 THE HENRY

BY BROOKFIELD RESIDENTIAL

Presentation Centre: 3620 - 16 St. SW.

19 KILLARNEY TOWNES

BY STREETSIDE DEVELOPMENTS 2432-30 St. SW www.killarneytownes,ca

Condos from the low $100’s www.mylegacypark.com 403.931.8558 JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 31

Advice | CALGARYISM

“Extra” costs when buying a home

By Cody Battershill

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHAT COSTS ARE ASSOCIATED

with buying a home, other than the purchase price? As a matter of fact, there are a bunch of additional charges and fees that you should be prepared for if you’re looking to buy.

Here’s a list of some you can expect to come across. Having extra cash saved up for them, in addition to your down payment, is essential to proceed with your purchase in a stress-free manner.

Mandatory fees » Condo document review fees: It’s crucial to get a professional condo document review that will answer some important questions before buying a condominium. This will cost you anywhere from $300 to $600, depending on the details. » Down payment: In Alberta, you need a minimum cash down payment of five per cent of the price of the home in question. » Legal fees: For a simple transaction, you can expect to fork out around $2,000, give or take a few hundred, for legal fees that include notary and lawyer services. » Moving fees: Costs associated with movers really depend on how much stuff you have and what kind of help you’re looking for. » Home insurance: You’ll need to insure your home after buying it.

There are lots of different options available to you on the market; do 32 YPNEXTHOME.CA

Potential fees

MORE ADVICE ONLINE

» Contract buyouts: You may have to pay the seller for any prepaid contracts you plan to use after the purchase of their home is made. A common contract buyout between the buyer and seller is for alreadyinstalled security systems. » Mortgage application fee: Varies between lenders, although it isn’t odd to find some financial institutions that don’t have this fee at all. » Mortgage life insurance: If something happened to you, your mortgage would be covered by this insurance policy. There are several options when it comes to mortgage life insurance, some more affordable than others. » Appraisal fees: Some lenders require the buyer to pay for this assessment, which usually costs about $300. » Land survey fees: Depending on the agreement you have with your lender, you may be required to pay for any land survey fees associated with your home purchase. » Sales tax: Take this into account for new construction homes only. In Alberta, it’s five per cent GST with a sliding scale less than $450,000, and a full five per cent above that figure.

ypnexthome.ca/news/advice

Hopefully, you’ll have to pay as few of these additional costs as possible when buying residential real estate in Calgary. It’s important to discuss the details with your real estate agent of choice so you know what kind of fees you’ll be looking at during your transaction.

your due diligence and find one that fits your needs best. » Utilities: Utility bills will be in the mail shortly after you move in.

You may also have to pay account transfer fees for utilities on resale properties.

» In condos, your monthly condominium fees will depend on your building and the square footage of your unit. Make sure you factor this into your budget. It can be considerable!

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 JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 33

Advice | MORTGAGE ADVICE

Mortgage broker or bank...

Which is best for you?

Here are a few things you should know if you’re unsure whether to go with a bank or a mortgage broker to fund your purchase.

By Alyssa Furtado

MORE ADVICE ONLINE

Banks

Mortgage brokers

Pros Most Canadians already have an ongoing relationship with a bank, so going to that institution for a mortgage seems like an obvious choice.

Banks often provide special deals to existing customers. So, if your chequing account, credit card, investments and mortgage are all with the same bank, you may receive a discount on some or all of your fees.

Banks generally provide face time with their specialists, which many borrowers find comforting.

Pros Brokers have established relationships with lenders and are knowledgeable about the market and what special discounts are available. They will shop around for you and ensure you get the lowest possible rate you can qualify for.

Whereas banks typically require you to arrange a meeting with a loan officer, mortgage brokers tend to be available through a variety of means, including phone and email. They are easy to communicate with and often provide faster response times.

Brokers negotiate with the lenders on your behalf, saving you valuable time and stress.

ypnexthome.ca/news/advice

FOR MANY CANADIANS, their first stop while shopping for a mortgage is their local bank branch. More than half of Canadian homeowners – 56 per cent to be precise – who currently have a mortgage went to a bank, according to a recent report from Mortgage Professionals Canada.

However, consumers should be aware that they have other options. Mortgage brokers – who captured a 33-per-cent share of the mortgage market – can prove to be a helpful resource when it comes to comparison shopping for the best mortgage rates. (The remainder of the mortgage market was made up of credit unions at seven per cent, life insurance companies at two per cent, and other sources at two per cent, according to the report.)

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.

34 YPNEXTHOME.CA

Cons You can choose only from the bank’s portfolio of products, meaning your options are limited and your chances of getting the lowest rate are diminished.

There’s less flexibility offered in terms of qualifying for the loan. If your credit rating is sub-par, you may not qualify for a mortgage from one of the big banks. If you are self-employed, you may also have a hard time qualifying.

The bottom line

VS

Cons Face-to-face availability differs from one broker to the next. So, if this is something that you require, you’ll want to ask if they can meet in person.

Because many first-time buyers are unlikely to have an existing relationship with a broker, it may take some time to find one who’s right for you.

When it comes to getting a mortgage, going with a broker – rather than directly to a bank – is the best choice, as it will allow you to get the best possible rate on the market and save you money over the long run.

CALGARY’S SATELLITE COMMUNITIES 21 THE WHITNEY

BY LANDMARK HOMES

22 22 04

1A

02 11 03 01 COCHRANE 08

211 & 215 Fireside Parkway Cochrane, AB

AIRDRIE 09

20

AIRDRIE

10 12 15

13 14

06

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

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JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 35

Inspiration Amazon Floral Pasta Bowl $12 chapters.indigo.ca

Oversized Tropical Scenery Throw $35 simons.ca

Tropical

DAYDREAMS

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Banana Leaf Dining Chair $180 homesense.ca

36 YPNEXTHOME.CA

It’s a jungle in here! Vibrant palm fronds, banana leaves and tropical greens have gone wild, their lush-looking plant patterns inspiring trendy decor accents for every room. It’s the obvious organic extension of Pantone’s Colour of the Year: Greenery.

Tropical PC 16-inch Square Platter $14 loblaws.ca

Palm Plates & Platters $3-$12 walmart.ca

Canvas Palm Toss Cushion $17 canadiantire.ca

Syssan Curtains $90/pair ikea.ca

Beverley Palms Print $800 crateandbarrel.ca

37

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Inspiration | DESIGNER ADVICE

10 TIPS FOR PAINTING

GREAT LOOKING WALLS

By Jane Lockhart

As a new-condo dweller, you have two choices: you can either stick with the standard “builder beige” or you can refine your painting skills, put on a pair of coveralls, and give your space a colourful coat. Before you tackle any painting job, big or small, follow these simple rules for a seamless finish.

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I was trained to paint properly way back when I started my design career more than 20 years ago. Some of you may know that I began as a junior designer at Benjamin Moore Paints.

I never dreamed that I would learn so much useful information about colour and paint.

rolling the paint on, you are less likely to get a good finish. It is best to brush a little of the edges then roll into that wet paint, and continue this process down the wall. It takes longer but you will find the coverage of the colour more even.

8. Always use two coats of paint Yes, you usually need two coats of paint to develop the colour well or to ensure you don’t miss any spots.

There are some brands of paint that suggest you only need one coat, but I have found this to work only with a light colour over another light colour, and when I take my time applying the paint.

1. Buy a metal cage The cage is the metal handle that holds the actual roller or sleeve. The better this is, the longer it will last.

It won’t squeak when rolling or rust when washed.

2. Buy a sleeve with a plastic centre The sleeve is the furry cylinder that you put on the metal cage or handle. If you buy a cheap sleeve with a cardboard interior, it will start to fall apart when it gets wet in the paint. Then it will leave small fluffs on your wall and all your hard work ends up looking poor.

more paint, which means you go to the tray less often and this will speed up the job. Really soak the roller in the tray so it absorbs the paint.

5. Avoid tiny strokes in a small area When applying the paint to the wall, do not roll it in tiny strokes back and forth in one small area. Begin by rolling a large “W” on the wall with the roller and then roll the wall fully from top to bottom. This will lay out the paint better and faster.

6. Apply the recommended amount of paint

PHOTOGRAPHY BY BRANDON BARRE, BRANDONBARRE.COM

3. Buy a large paint tray This is so much easier, as you can pour almost a full can of paint into the tray which means less pouring of paint and hopefully less mess. This also means less stopping of the job to pour paint into the tray.

4. Really coat the roller sleeve When putting paint on the roller, really coat the roller sleeve. It is designed to hold paint! Fluffier roller sleeves hold

People often try to stretch their can of paint a little further by not applying as much as suggested by the manufacturer. There is no value in this as the paint is meant to be applied to a certain thickness to give you the right colour and durability. Too little paint compromises this.

7. Don’t brush all the edges first Although it is tempting to cut-in or brush all the edges of the walls before

9. Store your paint cans upside down Paint does not “go bad” as long as it’s not kept in extremely cold conditions.

Seal the lid very well (place the lid on the can, cover with paper, and hammer the lid in place, remove paper) and turn the can upside down in a cool, dry area for storage. When the can is turned right side up again, it mixes before you dip your brush in.

10. Buy a good paintbrush Buy one good paintbrush. Cost can be an issue, but a good brush means you will only buy it once if you clean it after you have done the job. A good brush has “flagged” ends and is angled.

Flagged ends look like the bristles are uneven and with split ends. This lays out the paint in a much smoother fashion. And once you do clean your brush, use the hole in its handle to hang it up to dry. Never leave a paintbrush sitting in a pot! I use a wire coat hanger turned upside down to dry my brush. (Hook the brush’s handle on the “J” shaped end of the hanger and hook the triangular part of the hanger over a doorknob.)

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com.

JUN 23 - JUL 21, 2017 | NEW CONDO GUIDE 41

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