Calgary New Home Guide - Jan 5, 2018

7.25" x 10.5"

JAN 5 – FEB 2, 2018 | nexthome.ca

CALGARY EDITION

Connecting Canadians to new HOMES & CONDOS for more than 25 years

INSIDE: MAT_CGY_097_NewYear_NextHome_Trifold_R2.indd 1-2

Q&A WITH CALGARY MAYOR NAHEED NENSHI

HOUSING MARKET OUTLOOK: WHAT LIES AHEAD IN 2018?

6.875" x 10.5"

NEW YEAR, NEW HOME Explore the savings with our Quick Move-In Homes. Starting from the low

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$300s with Townhomes and Single Family Homes from the upper $400s, there are many options to choose from. Find a home you love in one of our great Calgary or Airdrie communities. Visit us today and start your New Year with Mattamy Homes.

SALES CENTRE 907 Windsong Drive 403-980-8765

Y UAR ITY JAN LABIL I AVA

SOUTHWINDS Lot 17-39: Single-Car Garage Home, The Marquis ‘Colonial’, 1,837 Sq.Ft. $379,990 3 bed, 2.5 baths

SALES CENTRE 10520 Metis Trail NE 587-755-1061

Y UAR ITY JAN LABIL I AVA

SOUTHWINDS Lot 17-31: Double-Car Garage Home, Lennox ‘Prairie’, 1,703 Sq.Ft. $394,990 3 bed + loft, 2.5 baths

SALES CENTRE HOURS Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm Homes are subject to availability. All illustrations are artist’s concept. All dimensions are approximate.

Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

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Y UAR ITY JAN LABIL I AVA

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SOUTHWINDS Lot 17-30: Single Car Garage Home, Vintage ‘Colonial’, 1,982 Sq.Ft. $404,990 2 bed + loft, 2.5 baths

Y UAR ITY JAN LABIL I AVA

Prairie

CITYSCAPE Lot 11-51: Double-Car Garage Home, Groove End ‘Prairie’, 1,444 Sq.Ft. $294,990 3 bed, 2.5 baths

Y UAR ITY JAN LABIL I AVA

CITYSCAPE Lot 26-23: Double-Car Garage Home, The Garnet ‘Prairie’, 2,237 Sq.Ft. $534,990 3 bed + loft, 2.5 baths

Y UAR ITY JAN LABIL I AVA

CITYSCAPE Lot 26-09: Double-Car Garage Home, Riedel ‘Craftsman’, 2,158 Sq.Ft. $549,990 3 bed + loft, 2.5 baths

Y UAR ITY JAN LABIL I AVA Contemporary

CITYSCAPE Lot 11-44: Double-Car Garage Home, Jive ‘Contemporary’, 1,371 Sq.Ft. $295,990 2 bed, 2.5 baths

Contemporary

CITYSCAPE Lot 11-50: Double-Car Garage Home, Groove End ‘Contemporary’, 1,399 Sq.Ft. $308,990 3 bed, 2.5 baths

2017-12-18 11:47 AM

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WELCOME HOME Celebrate the New Year in a new home.

At Mattamy Homes, we build inspiring homes and communities in both Calgary and Airdrie. Our cohesive communities offer sought-after amenities like playgrounds, schools, walking trails, and retail; while also offering quick connectivity to major roadways. With home options like Duplexes, Townhomes, and Single Family – there is a home designed perfectly for you.

183 Carrington Circle NW Calgary

10520 Metis Trail NE Calgary

May 2018 SW Calgary

907 Windsong Drive SW Airdrie

2017-12-18 11:47 AM

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Suites starting in the mid $200k’s

Breathtaking views from the tallest residential towers in Calgary

Presentation Centre Developed by Hon Developments.

Prices subject to change without notice. E&EO.

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Contact Dianne: 403-536-2388 dianneb@shanehomes.com www.themark101.com Presentation Centre Hours: Monday to Thursday: 2 - 8 pm Saturday, Sunday & Holidays: Noon - 5 pm

JAN 5 – FEB 2, 2018 | VOLUME 21 ISSUE 1

CONTENTS

9 ON THE COVER:

HOMES BY AVI WINSTON AT WALDEN LAUNCHING SOON!

6 NextHome.ca

THE LAST WORD

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews

40

PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds DIRECTOR, MULTIMEDIA SOLUTIONS

Nora Wallace MANAGING EDITOR

Wayne Karl ACTING ART DIRECTOR

Miguel Cea CONTRIBUTING EDITORS

Q&A NEXTHOME TALKS WITH NAHEED NENSHI, RECENTLY RE-ELECTED MAYOR OF CALGARY

Sonia Bell Elisa Krovblit Keay Marlene Eisner SALES MANAGER, MULTIMEDIA SOLUTIONS

Jared Holland 403.462.7781 MEDIA CONSULTANT

Natalie Houghton 587.226.1313

TRENDING

28 Insight

Start planning now for your landscaping

12 CMHC

Canadian housing starts gain ground in November

14 Westman Village

BY BRAD JACKMAN

34 BILD Report

Builder licensing to protect homebuyers

New amenity centre set to make a splash in Mahogany

20 Housing Market

What lies ahead for the Calgary market in 2018?

BY CARMEN WYTON

37 Mortgage Mogul A new year, with new mortgage rules

24 Vesta Properties New overpass to ease traffic in South Point

30 Events

Five winter activities to enjoy in parks near Calgary

8

Editor’s Note

DISTRICT MAPS

17 Northeast

ADVICE

26 Calgaryism

5 tips to choose a new home location

BY CODY BATTERSHILL

John Jenkins PRODUCTION MANAGER

Anthony Majetic PRODUCTION CO-ORDINATOR

Greg Van Sluytman GRAPHIC DESIGNERS

Sandra Hanak-Vujnovic, Mike Terentiev Greg Van Sluytman

IN EVERY ISSUE

13 Southeast

Belmont in Southwest Calgary: This is where it all begins

NATIONAL CIRCULATION MANAGER

Published by

18 Shane Homes

38 Anthem United

Dwayne Rutherford

BY JASON ELDRIDGE

PROPERTY PROFILES Tofino II in Redstone showcases design options

SENIOR MANAGER, DISTRIBUTION

23 Airdrie 27 Cochrane 31 Northwest 35 Southwest 42 Okotoks

A brand of Yellow Pages Homes Ltd. Calgary NextHome is published 13 times per year. We are located at: 2891 Sunridge Way NE, Calgary, AB T1Y 7K7 Phone: 587.226.1313 The magazine is free to the public.

Advertising For National Advertising inquiries call 416.263.6783.

Circulation 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.

Call 1-855.826.4200 to discuss distribution opportunities.

Copyright 2018 All rights reserved by Yellow Pages Homes Ltd. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice.

E. & O. E. Editorial Submissions from interested parties will be considered. Please submit to the editor at wayne.karl@nexthome.ca.

JAN 5 - FEB 2, 2018 7

EDITOR’S NOTE

RENEWED OPTIMISM RETURN TO STABILITY AWAITS

WAYNE KARL MANAGING EDITOR NextHome

Now that the calendar has turned to 2018, ending last year with the economy and housing market showing strong signs of recovery, there are further reasons for renewed optimism.

In its 2018 Housing Market Outlook, ReMax points out that as oil prices stabilized, Calgary experienced modest average price increases in 2017 – rising by about two per cent to $487,931 from $478,100 in 2016. Home prices this year should hold steady.

“The province of Alberta has fared better than what was originally thought three years ago when oil prices came crashing down,” Elton Ash, regional executive vice-president, ReMax of Western Canada, told NextHome. “Large mega construction projects well underway, as well as a more diversified economy, softened the blow.

“Going forward, we will continue to see a relatively balanced market in Calgary and Edmonton. Buyers will continue to experience greater choice in the higher price ranges. However, lower priced starter homes and condos will still feel upward price pressure, as demand will remain strong in these more affordable areas.”

Sounds like a great way to begin the new year.

EMAIL: Wayne.Karl@nexthome.ca TWITTER: @WayneKarl

+

ONLINE: The continuing recovery in Alberta was among the top stories in Canadian real estate last year. Read more on 2017’s most newsworthy events. nexthome.ca/2017-stories

+ get social 8 NextHome.ca

Interact with us on social media: nexthome

COVER STORY

AVI URBAN CELEBRATES NEW YEAR WITH LAUNCH OF

WINSTON AT WALDEN

Avi Urban is ringing in the new year with the launch of a fabulous new multi-family development in the south community of Walden on Jan. 27.

The award-winning builder is excited to launch the much-anticipated Winston at Walden, comprised of 190 units, featuring single-storey flats and back-to-back townhomes presenting exceptional design, style and quality — all at an affordable price point.

“Winston is almost one year in the making with a foundation mindset of melding our best architectural and interior design statement with our desire to introduce a high value yet affordable home to the market,” says Charron Ungar, president, Avi Urban. “The architecture is extremely strong and current. I feel quite confident Winston will continue our tradition of raising the bar in that respect.

“As well, the interiors are really efficient and check all the boxes for what our homebuyers are looking for,” he says. “With a combination of two-storey townhomes with and without attached parking, and spacious

+ LOCATION Winston at Walden DEVELOPER Avi Urban HOME TYPE Townhomes and flats CONTACT winston@homesbyavi.com 587.349.7824

JAN 5 - FEB 2, 2018 9

flats in two distinct layouts, we’ll have quite a diverse product mix to choose from.

“Winston has been designed to attract diverse buyer group with a focus on well-designed and affordable, high-value housing product,” Ungar adds.

“I hope that prospective homeowners will be most impressed with the architecture and the interior design.

“From an innovation standpoint we’re able to offer two-storey living spaces in a market space has traditionally been driven by three-storey product. I haven’t seen a development like this one anywhere and I believe it is quite innovative in its own right.”

10

Winston’s back-to-back townhomes all come with basements and optional basement developments, and range from 950 to 1,250 sq. ft. with either single-car attached parking or detached parking. The flats offer two bedrooms at 1,150 sq. ft. and three bedrooms at 1,250 sq. ft., all with two-car attached parking. There are five floorplans to choose from starting from the mid $200,000s.

This product appeals to both first-time homebuyers and downsizers, “with flats appealing to downsizers or small families and townhomes attracting that starter market,” Ungar says.

Well-appointed interiors include stainless steel

appliances, flat slab cabinets, laminate and Caesarstone countertop options, luxury vinyl plank flooring to kitchen and oversized windows.

Exteriors will present Urban Farmhouse style elevations that incorporate dark, rich and bold colours with industrial elements such as corrugated metal and painted board and batten, while landscaping offers private amenity spaces, and private concrete and landscaped patios with fencing.

Winston offers a great location just blocks away from the Walden Community Centre, and a short walk to the Walden High Street where residents will find most everything they need, from pharmacies

to pubs. It’s also just minutes away from a variety of shops, grocery stores, services, restaurants and recreational opportunities including Fish Creek Park, Cardel Rec South and Shawnessy YMCA. There is a bus stop adjacent to development, in addition to being a short distance to the LRT and bus station, and residents have easy access to Stoney and MacLeod Trails.

For more information on Winston at Walden, register online at aviurban.com/winston, contact the sales team at 587.349.7824 or email winston@homesbyavi.com

11

TRENDING

CANADIAN HOUSING STARTS GAIN IN NOVEMBER Driven by demand from the multi-unit segment of the market, Canadian housing starts trended upward in November with 226,270 units compared to 216,642 units in October, according to Canada Mortgage and Housing Corp.

(CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts.

“The trend in housing starts reached its highest level in almost 10 years this November, reflecting a second consecutive increase in multiple starts,” says Bob Dugan, CMHC’s chief economist. This

largely reflects construction of multiple units in Toronto.

Calgary building starts saw significant increases with 390 single-detached dwellings in November 2017, slightly higher than the 346 at the same time last year and an increase of 13 per cent. Multiple-unit starts increased significantly to 1,114 in November, up from 399 the previous year.

Total housing starts for the month reached 1,504, up from 745 last November.

Edmonton saw an .08 per cent decrease in single-detached housing starts with 400 starts in

November 2017 compared to 436 at the same time last year.

Multiple-unit starts decreased .04 per cent to 526 starts in November 2017, down from 550 last year. Total starts in Edmonton overall decreased by .06 per cent with 926 starts in November compared to 986 last year at the same time.

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.

SHOWHOME GRAND OPENING

N

Join us on Saturday, January 27th noon – 5PM

Tour our brand new showhomes & enter our prize draw.

New Years Lion Dance performance at 2:00PM. Snacks & refreshments served.

START YOUR NEW YEAR IN A NEW TRICO HOME

$1275

/MONTH

FLEXIBLE DOWN PAYMENT PROGRAM AVAILABLE

Ask about our Special Grand Opening Incentive!

LEGACYCOMMONS.CA

1619 LEGACY CIRCLE SE 403.474.6993

*GST not included. Monthly payment is based on a starting price of $273,065. Payments are based on 5% down, with a 5-year fixed 2.99% interest rate, amortized over 25 years, OAC, payments include CMHC insurance fees but do not include monthly condo fees. Price is subject to change without notice. E&OE. Some conditions apply.

12 NextHome.ca LEGCOM-17733 Condo Guide HP Jan5 v4.indd 1

2017-12-21 10:03 AM

w Bo

Deerfoot T

72 Ave Se

76 Ave Se

76 Ave Se Se

52 St Se

24 St Se Av

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Dou g l a sd ale B Se lvd

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114 Ave Se

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and Dr

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a k e Blvd Se

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194 Ave Se

10 52 St Se

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Aubu

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e hogany B lvd S Ma

201

Cr an st

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Chaparral Blvd

Sheriff King St

a hap rr a l Dr Se

Builders: Calbridge Homes, Morrison Homes, Homes by Avi mahoganyliving.com

d McIvo r Blv

t 52 S

Ri v

6 St Sw

201

22X

Seto

2

3

5. LEGACY By: Westcreek Developments Builders: Carlisle Group, Brad Remington Homes (My Legacy Park), Aldebaran Homes, Shane Homes, Trico Homes, Jayman Built, WestCreek Homes, Trico Homes, Sterling Homes, Stepper Homes, Calbridge Homes, Morrison Homes, and Albi Homes LEGACY GATE by Carlisle Group

LEGACY PARK

Ma

by Brad Remington Homes legacylife.ca

5

6. COPPERFIELD COPPERFIELD PARK by Brad

Dee rfo ot

e

il S

Tra

Trl S

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od

cle

Range Rd 13

210 Ave Se

By: Hopewell Residential Builders: Jayman BUILT, Hopewell Residential, Homes by Avi, Excel Homes SANDGATE by Hopewell

MAHOGANY ESTATE

8

Bo w

Se

Sun Valley Blvd

3. WALDEN

4. MAHOGANY

52 St Se

d Se Blv

Se ve 6A 14

130 Ave Se

Deerfoot Trl Se

nd kla

cK enzie Dr S e Mt M

r Se n Meadows D Canyo Par

84 St S e

Acadia Dr

e Se

2

Builders: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential ORIGINS by Streetside Developments livecranston.ca

By: Genstar Builders: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Cedarglen Homes, Rockford Jackson by Avi Urban WALDEN PLACE by Cardel Lifestyles waldenliving.ca

201

52 St Se

Anderson Rd Se

naventure Bo Dr

90 Ave Se

Barlow Trl Se

r Se ia D

11 4

B ake lvd Midl

Glenmore Trl Se

84 St Se

River Bow

A

cad

30 St

18 St S e

7

n more Trl Se

Barlow Trl Se

l Se t Tr foo

Fairm o unt Dr Se

Gl e

RIVERSTONE OF CRANSTON

Stoney Trail Se

Bl a c k

Heritage Dr

South land Dr Se

48 St Se

SOUTH EAST

MacLeod Trl Se

M

HOT PROPERTIES / CALGARY AREA

Remington Homes

CHALET NO. 6 by Hopewell NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. AUBURN BAY

2. CRANSTON

By: Brookfield Residential Builders: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman BUILT, Albi Homes, Morrison Homes, Discovery Homes AUBURN WALK by Cardel Lifestyles CANOE by Avi Urban REGATTA by Brookfield Residential liveauburnbay.ca

By: Brookfield Residential Builders: Albi Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential,

CRANSTON RIDGE

by Cardel Lifestyles

ZEN CRANSTON

by Avalon Master Builder brookfieldresidential.com

7. QUARRY PARK By: Remington Developments CHAMPAGNE by Remington Developments THE GATES by Remington Developments GLADSTONE by Remington Developments

8. WESTMAN VILLAGE By: Jayman BUILT Builders: Jayman BUILT westmanvillage.com

JAN 5 - FEB 2, 2018  13

TRENDING

EXTRAORDINARY AMENITY CENTRE SET TO MAKE A SPLASH AT

WESTMAN VILLAGE

Opening Jan. 3, 2018, the Westman Village Centre is a vibrant hub that offers 40,000 sq. ft. of recreation, services and entertainment to the residents of Westman Village in Calgary’s award-winning southeast community of Mahogany.

The Village Centre features a fitness centre with cardio machines and free weights, a gym with a half basketball court, two saltwater pools, a waterslide, woodworking studio, golf simulator, demo kitchen, party rooms, indoor garden, wine cellar and tasting room and much more. Westman Village residents are connected to this impressive recreational and social hub through skywalks, walking trails and a heated underground path.

The facility will be open for full use to purchasers at Westman Village in January, well ahead of their move-in date. Beyond residents, Westman Village will open the Village Centre up to public tours daily until mid 2018 when residents begin to move in. This will give the public a chance to 14 NextHome.ca

experience what Westman Village has to offer, first hand.

Also opening Jan. 6, 2018 is the professional, Calgary-based MODE Fitness, which will offer yoga and spin classes to residents and the public. More information on signing up and fees can be found on MODE’s website, modefitnessstudio.com “Westman Village will really transform condominium living,” says Jay Westman, co-founder and CEO of Jayman BUILT homes and the visionary behind Westman

Village. “We’re bringing in boutique retail and restaurants that you’d normally find downtown and creating a community that has all the amenities of inner-city living – and the Village Centre proves that.”

Westman Village also features 24/7 on-site security and concierge service, 43 km of walking trails and 42,000 sq. ft. of hand-selected commercial, dining and retail space which will include Diner Deluxe, Chairman’s Steakhouse (part of the Vintage Group), Analog Coffee, Chopped Leaf, MODE Fitness and many more.

“This community is the culmination of everything experienced and learned over Jayman’s 37 years,” says Westman.

“Inspired in part by resort-style communities in Palm Desert, we’ve created an all-inclusive club-style atmosphere in a suburban village that’s a true real estate disruptor.”

Westman Village is an allinclusive suburban community project on Mahogany Lake by Jayman BUILT. It features a truly intergenerational community with one- and two-bedroom units, estate condominiums and retirement living condos for sale,

as well as condominiums for lease and seniors’ independent and assisted living options. When completed, it will be home to more than 13,000 residents.

For more information about this project visit westmanvillage.com

THE PERFECT BACKDROP AS YO U TA K E YO U R L I F E TO T H E NEXT L EVEL . Walden is a lively Southeast community where you can DR ESS YOU R B ES T FO R DATE N IG HT

IN A PIN CH? BAK E D GOODS R IG HT N E X T DOOR

live, work and play. Enjoy walkable amenities, a vibrant shopping district, and a variety of modern architecture styles designed with beauty in mind.

Discover the difference at Walden.

FIND YOUR SIZE TOW N H O M E S & CO N D OS $13 0 s S EM I - D E TACH ED D U PLE X E S $3 0 0 s L A N ED S TA R T ER- H O M E S $4 0 0 s S EM I - E S TAT E PA R K & M OV E- U P $50 0 s

DISCOVE R WALDE N SOC IAL @ WALDE N BYG E NS TAR YOU R DOG WI LL LOVE IT H E R E

WE B

WALDE N LIVIN G.C A

JAN 5 - FEB 2, 2018 15

Range Rd 14

144 Ave Nw

Trail NW ney Sto

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HOT PROPERTIES / CALGARY AREA 2

564

Centre St N

Trail NW ney Sto

144 Ave Nw

144 Ave Nw

fo o

Country Hills Blvd Ne vd N Bl

Harvest Hi lls

w 14 St N

96 Ave Ne Airport Trail Ne 2

4

e

22X

lN

Me tis Tra i

e Falco Dr N n r idge

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1. SADDLESTONE 1

2

36 St Ne

23 St Ne

mo

No rt h

n i ght Blvd Ne

44 Ave

Ne

W h itehor n D r Ne

By: Genesis Land Development Corp.

Builders: Genesis Builders Group saddlestonecalgary.com

2. CORNERSTONE By: Walton Development Builders: Jayman BUILT, Shane Homes, Morrison Homes, Truman Homes, Pacesetter Homes liveatcornerstone.ca

3. REDSTONE By: Qualico Communities Builders: Broadview Homes, NuVista Homes, Pacesetter Homes, Jayman BUILT, Trico Homes, Creations by Shane Homes, Shane Homes (Shane showhome to be built in spring) calgary.qualicocommunities.com/ redstone

52 St Ne

1 2 St N

Ne ve

40 Ave Nw

Mc

McKnight Blvd Ne McKnight Blvd NW NOTE: Please match mapK numbers with property listings.

32 A

NEW HOMES

Heritage Pointe NEW CONDOS

em e Dr plLIVINGSTON 6.

T

By: Brookfield Residential Builders: Homes by Avi, Brookfield Okotoks BlackMorrison Homes, JaymanBuilt, Residential, Diamond Cedarglen Homes, Daytona Homes MAVERICK by Avi Urban brookfieldresidential.com

7. SKYVIEW RANCH By: Brookfield Residential Builders: Arrive by Partners Developments

8. CHESTERMERE RAINBOW FALLS

11. STRATHMORE 2 THE RANCH IN STRATHMORE By: United Builders: Jager Homes and WestView Builders theranchunited.com

12. LYALTA THE LAKES OF MUIRFIELD Builders: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes lakesofmuirfield.com

By: Truman Developments Builder: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes

9. KINNIBURGH

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com

By: Pollyco Developments Builders: Stepper Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes, ReidBuilt Homes, Sunstar Homes, Jager Homes

5. SAVANNA IN SADDLE RIDGE

10. LAKEPOINTE

By: Genstar Development Co. Builders: Cardel Homes, Homes by Avi, Excel Homes, Arcuri Homes, Rohit Communities genstar.com/calgary/savanna

By: Mattamy Homes Builder: Mattamy Homes Location: Sales centre 400 Westpark Dr. mattamyhomes.com

4. CITYSCAPE

797

Langdon

1

64 Ave Ne

w

1

9 10

560

Airport Trail Ne

5

Strathmore 11

Chestermere

80 Ave Ne

McCall Way Ne

11 St Ne

64 Ave Ne

unt Dr

N

1 4 St Nw

Centre St N

N

Calgary International Airport

72 A ve N e

8

564 201

8 8 Ave Ne

Centr e S t

017 12:46

100 Ave Ne

Metis Trl Ne

w

2

Country Hills Blvd Ne Barlow Trl Ne

w

N lvd n t r y Hills B

Calgary

e

T il N ra

Cou

3

128 Ave Ne

er D

ddin gto n

1

Reddtone Dr Ne

tT

ay

r l Ne

Ne

15 St Ne

y Hills W ntr ve Co

1A

Stoney Trail Ne

201

201

6

Be

12

7 Stoney Trail Ne

84 St Ne

144 Ave Nw

EAST

1A

MCDONALD LAKE

Ne

Range Rd 14

NORTH EAST

JAN 5 - FEB 2, 2018 17

1

SHOWHOME REVIEW

TOFINO II IN REDSTONE Showcasing a thoughtful, stylish and easily customizable design has made the Tofino II a favourite among homebuyers in Redstone in northeast Calgary.

Crafted by Shane Homes, the impressive 2,325-sq.-ft. Tofino II showhome has been getting great feedback from visitors and is popular with buyers, according to area manager Dave Gearey.

“The showhome has been very well received since it opened,” Gearey says. “People love the open plan, the deluxe kitchen and the 18 NextHome.ca

luxurious ensuite, plus the fact that it comes standard with so many great features.

“It’s probably Shane Homes’ best selling model because the design is so easy to customize. The home comes standard at 2,150 sq. ft., but I’m typically building between 2,500 and 3,400 sq. ft.,” he adds. “I’m building many homes with four bedrooms, two ensuites and adding spice kitchens. Some buyers are even turning the mainfloor den and half-bath into a bedroom and full bathroom – they

love having the ability to change the layout to suit their needs.”

The Tofino II showhome makes a dynamic first impression with its open to above ceiling polished tile floor and open rail staircase, giving it a grand feel.

Off the foyer is a convenient half-bath and mud room with a built-in bench and an oversized walk-in closet for neat storage of coats and boots.

An elegant main-floor study room features double glass pocket doors and presents a relaxing den

PHOTOS: EYMERIC WIDLING PHOTOGRAPHY

SHOWCASES STYLISH & CUSTOMIZABLE DESIGN OPTIONS

PHOTOS: EYMERIC WIDLING PHOTOGRAPHY

motif, but it could also be used as an office.

At the rear of the home you’ll be wowed by the chef’s kitchen that serves up a huge flat-surface island with breakfast bar seating, built-in stainless steel appliances, quartz countertops and subway tile backsplash. A corner walkin pantry provides ample food storage.

Across from the kitchen, the living room has a stunning wallcentred fireplace surrounded in mosaic tile topped by a mantel and matching columns with a niche above for artwork or a TV. Adjacent to the kitchen, is a large open concept dining nook with a built-in hutch and double glass doors opening to the deck so homeowners can expand their dining space outdoors.

Heading upstairs, the owners’ suite presents an intimate retreat with plenty of room for relaxation and an inviting ensuite with a quartz-topped vanity that includes dual sinks and make-up counter, a corner soaker tub, an over-sized walk-in shower and a large walk-in closet.

Down the hall are two large bedrooms, a full bathroom with quartz-topped vanity, a goodsized laundry room and a front bonus room with a stunning built-in entertainment centre that features ample storage and room for an oversized TV or projector screen.

Gearey notes that Shane Homes has new lots available in Redstone and will be opening a new Tofino II showhome in the spring.

For more information, visit the Tofino II showhome, at 126 Redstone Park N.E., Calgary, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m., call Dave Gearey at 403.536.2301 or visit shanehomes.com

+ LOCATION Redstone BUILDER Shane Homes HOME TYPE Single-family homes

SALES CENTRE 126 Redstone Park N.E., Calgary CONTACT Dave, 403.536.2301

JAN 5 - FEB 2, 2018 19

E TUR FEA ORY ST

HOUSING MARKET OUTLOOK

WHAT LIES AHEAD IN 2018?

by WAYNE KARL

Well done, Calgary.

You’ve weathered the natural resource storm over the last few years, and your economy and housing markets are poised to recover. In fact, the comeback is already on.

But don’t just take our word for it. Indeed, all of RBC, The Conference Board of Canada and Canada Mortgage and Housing Corp. issued recent reports that point to the recovery.

And another important vote of confidence recently came from the Real Estate Investment Network (REIN), which names Calgary as one of the top places to invest in real estate over the next 12 to 18 months.

Let’s examine the key reasons these organizations are giving the city the thumbs up.

20 NextHome.ca

ECONOMY

The Conference Board of Canada, in its Metropolitan Outlook – Autumn 2017, says Alberta will boast the fastest-growing provincial economy this year.

For Calgary, specifically, all the important numbers are trending in the right direction. Real GDP is expected to increase by 4.6 per cent for 2017 – and by a further 2.1 per cent in 2018.

Calgary’s economy is benefiting

from higher oil prices and increased investment and drilling plans. At the same time, output in the construction sector is also bouncing back, the Board says.

Despite still-high inventories, builders are coming back to Calgary’s housing market. Housing starts are expected to increase to 12,000 units for 2017 and to 12,200 units in 2018.

Non-residential construction is also on the comeback trail.

Calgary forecast 2016

2017(F)

2018(F)

2019(F)

New Home Market Housing starts Single-detached

3,489

4,300

7,400

4,800

Multiples

5,756

7,000

6,250

6,500

Total

9,245

11,300

10,700

11,300

Resale Market Sales Average price

22,522

23,800

24,100

24,500

463,047

471,500

480,000

490,000

Source: CMHC

Chief among them is the new $78-million Crosstown mixed-use development, which will see the construction of a pedestrian-friendly street area with shopping and four planned residential towers. In addition, the Alberta government has approved billions of dollars in infrastructure spending over the next four years. In Calgary, this will mean the construction of two new schools, the Green Line LRT and the $1.2-billion Calgary Cancer Centre.

INTEREST RATES

HOUSING AFFORDABILITY

Mortgage rates are expected to rise modestly over the 2017-19 period, CMHC says. This increase is consistent with the expected improvement in domestic economic conditions and the predicted increase in world interest rates.

The posted five-year mortgage rate is expected to lie between 4.9 and 5.7 per cent in 2018, and between 5.2 and 6.2 per cent in 2019, says CMHC. “We’re in the initial stages of a rising interest rate environment,” adds Robert Hogue, senior economist at RBC. “The end of ultra-low interest rates will signal a new chapter in the housing market.”

Despite these increases, mortgage rates are expected to remain below levels observed prior to the Great Recession.

Growing evidence that Alberta’s economic turnaround is solidly on track has been positive for Calgary’s housing market, RBC says in its latest Housing Trends and Affordability Report.

Housing affordability in the city – which remains among the best in the country – is broadly favourable for buyers.

The modest pace of home price growth should keep homeownership affordable in the short term, RBC says.

EMPLOYMENT

Unemployment is to fall to 7.7 per cent in 2018, down from a 22-year high of 9.4 per cent in 2016, according to the Conference Board.

Job growth is projected to improve next year, but consumer spending will slow in step with JAN 5 - FEB 2, 2018 21

22 NextHome.ca

Beginning boom approaching peak

Mid boom market peak End boom begin slowdown

12 End recovery further rising market, hot

BOOM

9

RECOV

Such positive economic fundamentals translate into rising consumer confidence.

With the economic recovery encouraging job creation through 2017, consumers opened their purse strings again, boosting retail sales by 2.2 per cent, the Board says.

Such developments are among the reasons REIN ranks Calgary as the number two for investment destinations through to 2019. Edmonton was number one, while Okotoks was sixth and Airdrie ninth.

“Alberta had an amazing last couple of decades of economic and demographic growth,” REIN Senior Analyst and bestselling real estate author Don R. Campbell told NextHome.

In terms of average residential prices in 2017, Calgary and Edmonton both experienced modest growth, thanks to stabilizing oil prices. In Calgary, the average residential sale price rose by approximately two per cent, to $487,931 up from $478,100 in 2016, according to the 2018 ReMax Housing Market Outlook. Buyers and sellers remain relatively tentative, but the city’s ongoing evolution into a major tech and distribution hub, as seen with Amazon’s recent announcement that Calgary will house one of the company’s key distribution centres, is expected to increase confidence in the real estate market moving forward.

ReMax forecasts average prices will remain the same for 2018.

ER

MP

WHY ALL OF THIS MATTERS…

WHERE IS CALGARY IN THE REAL ESTATE CYCLE?

3

Beginning slump warning, market slowdown

S

Y

Mid recovery rising market warmer still

Mid slump approaching bottom of market

6 Beginning recovery market starts to rise, warming up

End slump market bottom, trough

Source: Real Estate Investment Network

What affects the performance of a real estate market? According to the Real Estate Investment Network (REIN), it all comes down to one thing: Economic fundamentals.

And while REIN focuses on investment real estate, the economic fundamentals that impact the housing market in general are the same: Factors such as a diverse and

d

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the overall economy. Though Calgary’s unemployment rate is expected to fall for 2017, it is likely to remain above the national average.

growing economy, GDP growth, employment and wage growth, and housing affordability.

Depending on the strength of each of those factors, a real estate market’s cycle could be in boom, slump or recovery mode.

Calgary’s cycle, according to REIN, is heading toward the end of the slump, and rounding the corner to recovery.

N

HOT PROPERTIES / CALGARY 2 AREA

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St S e

1

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Ma in St

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24 St Sw

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Yankee Valley Blvd

3

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40 Ave Sw

Kingsview Blv

4

dS

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2

Queen Elizabeth II Hwy

5

8 St Sw

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1 Ave Nw

Main St N

8 St Sw

11

y Queen Elizabeth II Hw

AIRDRIE

NOTE: Please match map numbers with property listings.

7. PIER 11 By: Genesis Land Development Corp.

Builders: Genesis Builder Group pier11airdrie.com

8. MIDTOWN NEW HOMES

Township Rd 264

NEW CONDOS

By: Wenzel Developments & Apex Developments Builders: Shane Homes, Excel Homes, Trico Homes midtowninairdrie.com

1. BAYSIDE ESTATES

4. HILLCREST

By: Genesis Land Development Corp.

Builders: McKee Homes, ReidBuilt Homes genesisland.com

By: Apex Developments Builders: Excel Homes, Shane Homes, McKee Homes hillcrestairdrie.com

9. THE GATES AT HILLCREST

5. SOUTHWINDS

10. CREEKSIDE CREEKSIDE VILLAGE by Carlisle

2. RAVENSWOOD By: Qualico Builders: NuVista, McKee Homes, Pacesetter, Broadview ZEN RAVENSWOOD by Avalon Master Builder ravenswoodairdrie.com

3. COOPER’S CROSSING By: Westmark Holdings Builders: Harder Homes, McKee Homes, NuVista Homes; Emerald New Homes and Douglas Homes cooperscrossing.ca

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com/calgary

6. CANALS LANDING By: Genesis Land Development Corp.

Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, WestView Builders CANALS by Slokker Homes genesisland.com

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Group

11. GEORGETOWN @ Reunion by Slokker Homes

12. VISTA CROSSING IN CROSSFIELD By: Dream Development Builders: McKee Homes, Reidbuilt Homes, Homes by Dream vistacrossing.ca

JAN 5 - FEB 2, 2018 23

TRENDING

NEW​​​OVERPASS​​​TO​EASE​​ TRANSPORTATION​​ISSUES​​IN​

AIRDRIE ​

A new community in Airdrie will house close to 1,600 residents in what’s quickly becoming the area’s most talked-about development in recent years.

South Point by Vesta Properties, opened last November, is pioneering a much-needed overpass, the impact of which will serve as a key citywide connector.

The 40th Avenue overpass, designed to bridge over the CP Rail tracks and connect to Main Street and the Queen Elizabeth II Hwy., will serve Airdrie’s growing communities – predominantly South Point.

About 50,000 cars pass by Airdrie each day on the Queen Elizabeth II Hwy., according to the City of Airdrie. From a traffic congestion perspective, the overpass will bring relief to those commuters who want access to the highway and speedy travel to Calgary.

Vesta Properties is also partnering with the City to build a Southern Connector to Hwy. 2, as part of the 40th Avenue Connector. The offramp from the highway will provide a highly anticipated connection to Vesta Properties-owned commercial land.

24 NextHome.ca

Kent Sillars, president of Vesta Properties, says while Calgary has grown, transportation has lagged, resulting in a bottleneck to get to the freeway.

This is one of the things that makes South Point perfectly situated.

“Once we get the southbound connector approved [by the City and the Province], it will make the community much more viable,” Sillars says. “It’s a big benefit for the people who live in the Southside of Airdrie.”

South Point is located east of Hillcrest, south of Morningside and 40th Avenue S.W. and Reynolds Gate, west of the CP Rail tracks.

This community will comprise single-family and row homes, townhomes, paired homes and apartments, The variety of home styles means there is something for every lifestyle and price point.

The Southpoint community has twice the greenspace than any other currently in Airdrie.

More than 12 acres of greenspace includes two parks, children’s play place, a tennis and basketball court, barbecue and picnic areas, as well as a school with access to

sports fields and amenity space.

Southpoint also connects with Airdrie’s extensive network of walking and cycling trails.

Ease of transportation and the walkability and sustainability are focal points in the structural development of South Point. With proximity to the South Transit Terminal Station and easy access to the Intercity Express, downtown Calgary is just 30 minutes away.

The new 40th Avenue overpass will provide direct access to the QE-II, as well as Main Street for a fast, easy commute to the city. In addition, the Calgary International Airport is a 15-minute away.

“Our communities follow strict architectural guidelines which result in a more cohesive, wellplanned community enhancing the streetscapes, creating a sense of place and ultimately protecting resale values,” Sillars says. “The streetscapes are architecturally tied together and complement each other. It’s reassuring when you drive into a community and see the results; it just looks better.”

Over past 19 years, Vesta Properties has taken an innovative, integrative and effective approach to its communities. South Point is just the latest example.

“From the day we purchase the land, we are already envisioning the end results,” Sillars says. “We aren’t just builders of a development; we do everything – and we design better because of it.”

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ADVICE | CALGARYISM

5 FACTORS TO CONSIDER WHEN CHOOSING YOUR NEW HOME LOCATION

CODY BATTERSHILL

When searching for a new home location, there are some key things to consider. Here are five tips to help you make the perfect choice.

CUL-DE-SACS

For families, cul-de-sac’s generally provide a safer outdoor play space compared to regular streets. With homes all facing one another, they tend to promote friendly interaction between neighbours and lower the prospects of crime.

PARK ACCESS

All new suburban communities have a master plan that usually includes large park spaces. Buying a home in such a location may be something you and your kids prefer and enjoy over the years.

Some Calgary communities are located close to vast natural areas. For example, the southwest neighbourhood of Lakeview is adjacent to both the Glenmore Reservoir and Weaselhead Flats.

NEW COMMUNITY PHASES

Consider the exact location of your prospective property in relation to future phases of development. If you’re thinking about moving to an up and coming suburban community, buying a home in the middle of an already developed phase should limit your exposure to construction noise and hazards.

26 NextHome.ca

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For inner city homes, be familiar with zoning regulations and be on the lookout for news of future multi-family projects nearby.

MAIN ROUTES

A quiet ambiance around your house is high on many buyers’ checklists nowadays. A property on the corner of a main street in the inner city or bordering a sound barrier in a suburban community, might affect your enjoyment of your new home. Make sure you walk around the neighbourhood during daytime and see what sounds you hear at different locations.

WALKABILITY

If you work downtown and desire to walk to and from work every day, buying in West Hillhurst, for example, instead of Hillhurst may be a good idea initially. But over the long haul, the additional walk may become draining. Having

quick-and-easy access on foot to a nearby entertainment district, such as Kensington, may afford you the walkable, inner city lifestyle you’ve always wanted.

So, buying a property 20 minutes away on foot from the district, compared to one five minutes away could make all the difference in how much you enjoy your new place.

Once again, these are small details but are important in your level of satisfaction with your home purchase over the long haul.

Happy house hunting!!

Cody Battershill is the founder of Calgaryism and a top producing realtor at ReMax House of Real Estate. He can be reached at 403.370.4180, @Calgaryism on Twitter and calgaryism.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES / CALGARY AREA

wb oy

Tr ai

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COCHRANE

6

22

Retreat Rd

1A

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22

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Griffin Rd W

5

Griffin Rd E

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River Bow 4

oy

wb

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Towers Trail

Big Hill Rd

r ve

orge Fo x Tr Ge l

Ave

Riv

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Fifth

ui

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Co w boy Trail

2

Q

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N 4 Ave

1A

Range Rd 40

Horse Creek Rd

Co

Township Rd 262

River Heights D r 3

1

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. FIRESIDE

4. RIVERSONG

By: La Vita Land Builders: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes firesidecochrane.com

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2. HEARTLAND

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By: Apex Developments Builders: Excel Homes, Jayman BUILT, ROHIT, Pacesetter by Sterling BRAND by Birchwood Properties heartlandcochrane.com

By Slokker Homes jumpingpound.com

3. THE WILLOWS OF RIVER HEIGHTS

6. SUNSET RIDGE BY MELCOR Builders: Excel Homes, Homes by Avi, JaymanBUILT, Landmark Homes

By: La Vita Land Inc. Builders: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes thewillowscochrane.com

JAN 5 - FEB 2, 2018  27

INSIGHT

START PLANNING NOW FOR THIS YEAR’S

LANDSCAPE PROJECT

by BRAD JACKMAN

With the new year upon us and months of winter remaining, landscaping is most likely at the bottom of your to-do list. But it’s never too early to start planning your spring or summer project.

There are many benefits to creating a customized, vibrant and functional outdoor living space for your home. Having a plan and beginning the process early can allow for your project to be started in your desired time frame. Professionally landscaping your property provides a sanctuary for your family, friends and pets. Landscaping improves your quality of life, increases the value of your home and adds personal flare to your home’s exterior. With a variety of high quality products and different design concepts, your landscape design can be customized to complement any size and shape of property.

Natural Stone: A fabulous material to use for landscaping. Serenity, timelessness, balance, beauty and function are all traits of natural stone.

Landscape lighting: Another way to enhance your outdoor space and bring your yard and nature to life. Lighting provides your space with energy, safety, balance and interest. The ambient glow of landscape lighting sets the mood for your yard.

Custom irrigation: These systems are an excellent way to conserve water and reduce your yard maintenance. An irrigation system is a far more effective way to provide your yard the water it craves.

Custom woodwork: Homeowners have endless choices for woodword – decks, pergolas, privacy walls, arbors and other options. Pressure treated lumber, cedar & Kayu Batu (outdoor hardwood) are all excellent materials to add that touch of luxury.

28 NextHome.ca

Retaining walls: These create boundaries, provide function and, most importantly, support earth.

Garden beds, steps, boulders, trees, shrubs and lighting can all become part of your retaining walls.

Drainage, grade, structure and function must be considered at every level. With a man-made concrete product, retaining walls can be built perfectly level.

Paving stones: Another landscape option that can be incorporated creatively into your yard. These are more cost effective than natural stone and come in many options of colors, textures and sizes.

Concrete: This product is extremely functional, low maintenance and very cost effective. Concrete can be feature a brushed, exposed or stamped finish, and is great for walkways, patios, driveways and walls.

Clearly there are many aspects to landscape construction, and it pays to explore all your options carefully. And, importantly, hire a company with a strong portfolio.

The key to enjoyment and the longevity of your yard is quality craftsmanship. Landscaping is a process that’s built in layers. Many of the steps are tedious, lengthy and labor intense. Progress may seem slow due to the preparative work required, with most typical contracts springing to life in the final few days of construction. Having professionals with the proper knowledge base who use high quality materials is a must.

Landscape 360 Professional Landscape Construction 403.452.0360, landscape360.ca Like us on facebook

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EVENTS

5 WINTER ACTIVITIES TO ENJOY IN ALBERTA PARKS NEAR CALGARY

Township Rd 260

144 Ave Nw

by SARAH SUSSMAN

Skiing In Calgary, you don’t have to look hard to find a good ski hill.

Nakiska Mountain Resort boasts a beginner-friendly hill. If you want to experience the quintessential w Alberta skiing experience, head to lvd N yB can Lake Louise Ski Resort.

Tus

Snowshoeing Snowshoeing feels like the winter

From YP.ca. For more tips and city guides, visit yp.ca/tips

85 St Nw

Skating Skating in the great Canadian Rockies takes this winter pastime to a new level. Head out to Sheep River Provincial Park’s Sandy McNabb Campground or Kananaskis Village. At Lake Louise, skating on the lake is a must.

Nw

Country Hills Blvd Nw

Royal O a k Cr ow

Dr

ch ild

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ield S c u rf

Nw Hill Tuscan y

Wildlife viewing Alberta’s five national parks and 250 provincial parks are home to 600 specifies of protected wildlife.

Sun Dog Tours in Jasper offers

equivalent to walking on a sandy beach. It doesn’t require special clothing or gear except the snowshoes themselves – which are readily available for rent.

Rocky Ridge Rd Nw

Another option is skijöiring – a Scandinavian hybrid sport that combines dog sledding and skiing.

Mad Dogs & Englishmen offers lessons and rentals – and you can even bring your own dog!

a Winter Wildlife Discovery experience. The tour includes nearly four hours throughout Jasper National Park, and you’re guaranteed to see rare species.

12 Mile Coulee Rd

Dog sledding Banff, Canmore and Lake Louise host numerous dog sledding companies, including Howling Dog Tours and Snowy Owl Tours.

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8. EVANSRIDGE 32 Ave Ne

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72 A ve N e

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16 Ave

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Bl v dN

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NOTE: Please match map numbers with property listings.

52 Ave Nw

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JAN 5 - FEB 2, 2018 31

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1005 - 11 Ave SW Calgary, AB T2R 0G1 Phone: 403.287.9300 Fax: 403.287.9915

32 NextHome.ca

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Picture perfect setting in Calgary’s northwest.

As you look out onto the rolling hills, green spaces, playgrounds and castle-ruin inspired landscapes you’ll be transported to Old-World British Isles. But the moment you pass the community entrance, you have every modern convenience at your fingertips. It’s the best of both worlds – without compromise.

Townhomes with Garage from the $300s Homes with front-attached Garage from the $460s

Homes by Avi Sterling Homes

Morrison Homes Shane Homes Trico Homes

Jayman Built

Cardel Lifestyles

Cedarglen Living

nolanhillunited.com

anthemunited.com

ADVICE | BILD REPORT

BUILDER LICENSING THE ONLY WAY TO TRULY PROTECT HOMEBUYERS

CARMEN WYTON

One of the biggest investments you will make in your lifetime is your home. You will likely shop with more scrutiny than you would for anything else, and with good reason. Whether you’re in the market for a newly built single-family home, condo or townhouse, make sure you are working with a reputable and trustworthy builder.

22X

EVOLUTION OF LICENSING

Mandatory builder licensing came into effect Dec. 1, 2017. Prior to that, there were no minimum qualifications required to be a home builder in Alberta. This put consumers at risk of falling prey to unqualified builders. The goal of builder licensing, under the New Home Buyer Protection Amendment Act, is to help ease the burden on homebuyers by clearly identifying the good builders and weeding out the unqualified ones.

This new bill requires builders to show they are knowledgeable in home construction and are in good financial standing. Beyond that, builders must also maintain an active license to build new homes and secure warranty coverage, which provides further protection.

WHAT THIS MEANS FOR HOMEBUYERS

This means that when newhome buyers choose a builder in 34 NextHome.ca

Alberta, they can feel confident they are getting a quality product from a reputable builder. The addition of warranty coverage means that consumers have a reliable resource to go to should something go wrong.

FINDING A LICENSED BUILDER

Wondering if a builder you’re considering working with is upto-date with a license? Check out the Builder Registry that is now available on the Government of Alberta’s Municipal Affairs website.

Other great sources to find a reputable builder are the Building Industry and Land Development Calgary Region (BILD Calgary Region), Canadian Home Builders’ Association – Edmonton Region (CHBA – Edmonton Region) and Urban Development Institute Edmonton Region (UDI Edmonton

Region) websites where you can search through Member Directories for each city.

BILD Alberta members have been securing warranty coverage and serving homeowners with integrity while meeting industry standards for more than 40 years.

New home warranty is a complex issue. Check back next month to learn more.

Carmen Wyton is CEO, Building Industry and Land Development Alberta Association (BILD Alberta), the unified voice for the land development, home building and renovation industry in Alberta. bildalberta.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

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HOT PROPERTIES / CALGARY AREA

No rt h

St S e Trl S e 26

Blackfoot Trl Se

wR Bo

Deerfoot T rl Se

l Sw

Builders: Vivace by Streetside Developments

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cad

5. EVERGREEN

24 St Se

MacLeo d Tr

Deer foot

Centre St S

St George's Dr Ne

6 St Ne

14 St Nw

20 St Sw

23 St Ne

Centre St S

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Builders: Sanderson Ridge on Fish Creek

by Telsec

Anderson Rd Se 2

Sw

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naventure Bo Dr

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24 St Sw

37 St Sw

Anderson Rd Se

Acadia Dr

Ch ar les

6

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unt Dr mo

Nw wo od

Elbo w Dr Sw

Westbluff Rd

29 St N w

Crowchild Trl S

51 St Sw 45 St Sw

20 St Sw

Sarcee Trl Sw

69 St Sw S t Sw 69

Range Road 31

Dr

Haddon R d Sw

e

River Bow

Elbo w Dr Sw

S Rd

37 St Sw

n de

4. WEST SPRINGS

n more Trl Se

18 St S e

Se

Anderson Rd Se

Se

76 Ave Se

Gl e

South land Dr Se

MacLeod Trl Se

14 St Sw

r Sw

Oakfie l

d Dr Sw

66 Ave Se

Heritage Dr

Trl oot

Fairm o unt Dr Se

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Mc

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Jam

w

nd kla

37 S t S Fish Creek Blvd

3. DRESSAGE IN SILVERADO By: Qualico Communities Builders: Baywest Homes, Augusta Home Hunter House by Streetside Developments silveradobyqualico.com

Barlow T r l

2

58 Ave Se

Bl a ckf

MacLeod Trl Se

14 St Sw

Pa ll i s

Southland Dr SW

Se Av

Og

24 St Sw

90 Ave Sw

By: Qualico Communities Builders: Sterling Homes, NuVista Homes, Broadview Homes, Trico Homes calgary.qualicocommunities.com/ crestmont/

Barlow Trail Ne

w

Heritage Dr

26 St Ne

25 Ave Se

Glenmore Trail Sw

75 Ave Sw

rE

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rl S eT

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70 Ave Sw

GLENMORE RESERVOIR

River

ckfoot Tr l Se Bla 9A ve Se

42 Ave Se

5 0 A v e Sw

66 Ave Sw

Memoria lD

Bo w

d Og

Glenmor

2. CRESTMONT

8 Ave Ne

Ne St 19

ay Sw

34 Ave Sw Council W 36 Ave Sw 38 Ave Sw

46 Ave Sw

19 St Ne

w

w dS dR

l Ne Tr

17 Ave Sw

1 Ave Ne

9 Ave Se

1 6 St S w

Tra il S w

Bow Trl Sw

6

on hm Ric

9 Ave Sw w Trl S w Bo 11 Ave Sw

19 St Sw

Gle nm ore

Kensington Rd Nw Memorial Dr Nw

Macleo d Trail Se

26 Ave Sw

1

4 St Sw

d

Trans Canada Hwy

nt o n Ed m o

17 Ave Sw

Wh

27 Ave Ne

5 St Sw

17 Ave Sw

2

By: La Vita Land Builders: Calbridge Homes mysticcalbridge.com

32 Ave Ne

20 Ave Nw

37 St Sw

we rS pr in g

e 1 2 St N

24 Ave Nw

Spruce Dr Sw Bo wT rl S w 8 Ave Sw

Bow Trl Sw

Ne ve

24 Ave N w

Av eN w

32 A

40 Ave Nw

4 St Sw

4

1. MYSTIC RIDGE McKnight Blvd NW

1

19 S t Nw

3

1A

Bow R iver

1 L o tt Cree k Dr

32 Ave Nw

Crowchild Trl Nw

85 St Sw

p R oad 241

77 St Sw

Horizon View Rd

Lo

Home Rd Nw

Old Banff Coach Rd sw

w

64 Ave Ne

w

t Nw 0S

1

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ba nk R

Tow nsh i

R ive r

Hw y

C oa

Springbank Rd

Nw 40 Ave N

24 St Nw

Tra n s Can ada

Bo w

rl Nw pi T Shaga n ap

Banff

w

49 St Nw

Old

Varsity D r

sN Cre

2

Township Road 245

8

W

77 St Nw

85 St Nw

16 Ave

1

Bow

1 4 St Nw

52 Ave Nw

Township Road 250

Trans Canada Hwy

e Nw

S

Hill

SOUTH WEST River Bo w

es McKevitt Rd Sw

By: Canada Lands Builders: Axess by Slokker Homes

Se ve 6A 14

Ri v

g Sha wini

Se

Bo w

B ake lvd Midl

Shawnessy Blvd Sw

er

162 Ave Sw

6. CURRIE BARRACKS

Sun Valley Blvd

Spruce Meadows Trl Sw

Pri dd

Range Road 30

6

22

Township Road 221

NOTE: Please match map numbers with property listings.

Range Rd 13

210 Ave W

a hap rr a l Dr Se

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201

22X

Sheriff King St

Range Rd 14

192 St W

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Chaparral Blvd

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178 Ave W Marquis Of Lorne Trl Sw

6 St Sw

178 Ave W

24 St Sw

22X

is V alley Rd

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a n Dr S 162 Ave Sw

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194 Ave Se

210 Ave Se

226 Ave

NEW HOMES

NEW CONDOS

JAN 5 - FEB 2, 2018  35

Your Sophisticated Side Craves the Westside!

Now You Can Finally Get More Of What You Really Want!

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Visit our sales centre at 803 & 805 – 85 Street SW

DATE: 8 Dec 2017

WENT-17457 Condo Guide HP Jan5.indd 1

F I L E

N A M E S

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F O R

I N T E R N A L

U S E

File Name WENT-17457 Condo Guide HP Jan5.indd ADVENTURE Publication Condo Guide Insertion Jan 5, 2018 Produced by Client Wentworth Pointe Size 6.75” x 4.625” no bleeds FINDS YOU Fonts used Gotham, DIN Bold, Playfair Picture info WHEN YOU LIVE Producer NS Revision # THIS CLOSE Reference # Page #1 of file TO IT ALL. 1005 - 11 Ave SW Calgary, AB T2R 0G1 Phone: 403.287.9300 Fax: 403.287.9915

O N L 2017-12-11 Y

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F I L E

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Qualico Communities are built with one thing in mind - you. Our thoughtfully master-planned spaces are built with an intuitive sense of community that nurtures individuals, families and in friendships.

Qualico Communities are built with one thing mind - you.

Our thoughtfully master-planned spaces are built with an intuitive sense of community that nurtures individuals, families and friendships.

36 NextHome.ca

16 A ve N

W

Sarcee Trail SW

NuVista Homes | Broadview Homes | Sterling Homes | Trico Homes

201

d Calgar y Ring Roa

FRONT DRIVE SINGLE FAMILY

9:54 AM

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ADVICE | MORTGAGE MOGUL

A NEW YEAR… WITH NEW MORTGAGE RULES

by JASON ELDRIDGE

As we welcome in 2018, we can look forward to new hope, beginnings, opportunities, and yes, new mortgage rules.

We saw earlier changes to the way mortgage financing is obtained, beginning October 2016. Until this point, however, the changes seem to have had the biggest impact on potential firsttime homebuyers, or clients who have had less than 20 per cent of the purchase price to be used as the down payment. Now, there’s a new “stress test,” and regardless of how much money you have for a down payment, your ability to qualify for mortgage financing will be based on the five-year Canadian Benchmark Rate (4.99 per cent at time of writing), or by adding two per cent to the contract rate for a fixed-rate term of five years or higher.

So what does this mean in the grand scheme of things?

Interestingly, clients have been qualifying for variable rate mortgages and fixed-rate term mortgages of four years or less by using the five-year Canadian benchmark rate for years. Again, it didn’t matter what the loan value was going to be; if you wanted a shorter fixed term or a variable rate mortgage, this has been the qualification process.

So, once the dust settles in the early part of 2018 (and with any luck, we won’t have any additional rule changes for the next little while, at least), the challenge will be to understand these rules and how they might impact you. This

is where speaking with the right mortgage professional can make all the difference.

There are basically three classifications of mortgages: Insured, insurable and uninsured.

Each of these comes with different mortgage interest rates, depending on what the loan-to-value ratio will be. If you already own your home, and you purchased your property prior to October 2016, your options for renewal and transfers will be different than what they will be if you purchased your home after that date. Some banks offer only one interest rate for each type of mortgage, whereas other lenders offer lower interest rates depending on how much of a down payment a client may have, or how much equity exists. If you speak with a mortgage specialist that

understands the various options that are available, it can make a big difference in your interest rate and how much you can save over the life of your mortgage.

As always, I welcome any questions or comments you may have regarding the information contained in my articles. Until next month…

Jason Eldridge, P.F.P, B. Admin Mortgage Specialist, Axiom Mortgage Solutions (formerly Unisource Mortgage) Cell 403.630.1718, Fax 866.708.5807 Email jason@ axiommortgage.ca Web/apply online jason.axiommortgage.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

JAN 5 - FEB 2, 2018 37

PROPERTY PROFILE

ANTHEM UNITED’S BELMONT: THIS IS WHERE IT ALL BEGINS No matter what your new beginning is, Belmont is a place where your present takes hold and your future begins. It’s a place where proximity to the amenities of south Calgary and an abundance of park and recreation areas mean your new home extends well beyond your front door.

Crafted by Anthem United, Belmont is located on 280 acres southeast of Silverado, which will eventually be home to more than 7,000 residents.

The first phase consists of 225 lots and showhomes are expected to open in the spring.

“We are thrilled to be bringing a new community to this growth area west of Macleod Trail,” says Steve LePan, sales and marketing director for Anthem United. “Our community will offer affordability and choice from some of Calgary’s very best builders.

38 NextHome.ca

“The future is bright in Belmont,” he says. “The southwest Ring Road, a future LRT stop just 500 metres away and a City of Calgary Recreation Centre, are all on the horizon.

The rec centre will be located right in phase one on the south side of the community, which will be a major benefit to our residents, but it will also serve the surrounding communities.

+ LOCATION Belmont in Southwest Calgary DEVELOPER Anthem United BUILDERS Cedarglen Homes, Homes

by Avi, Jayman BUILT, Morrison Homes, Shane Homes and Trico Homes HOME TYPE Front-attached garage, laned, street towns and townhomes CONTACT belmontcalgary.com

“There will also be a comprehensively designed play park constructed in 2018 in the first phase – a great accessible playground amenity that all families in phase one will enjoy from day one,” LePan adds. “In addition, there is a designated school site that will have playing fields and additional playgrounds and pathways will be located throughout the community, so Belmont will offer various recreational opportunities both indoor and out for people of all ages “Belmont will be a bright, modern community offering affordable quality. We’ll be offering

a wide range of housing styles that are designed to appeal to firsttime buyers, young couples and families and those new to Calgary and Canada.

“The lineup will include affordable townhomes and street towns, laned homes and singleand double-attached garage homes, providing people plenty of choice and homes that meet their varied lifestyles and budgets.”

In Phase 1, Jayman BUILT and Morrison Homes will be crafting single-family homes on a lane with optional rear detached garage from the $370,000s, while Cedarglen Homes, Homes

by Avi, Shane Homes and Trico

Homes will be building singlefamily homes with the front attached garages from the upper $400,000s.

Homes by Avi will also be crafting a 54-home street town project in Phase 1 from the mid $300,000s, while a townhome project, anticipated to be priced from the $300,000s, will be announced later.

Besides the recreational component, Belmont residents will be able to walk to neighbourhood conveniences as a future retail/ commercial site is located in the southwest corner of the community. There are also a variety of shops, services, groceries, eaters and more just minutes away in Silverado, Walden, Legacy and up Macleod Trail.

Belmont will be accessed by 210th Avenue west from Macleod Trail or Sheriff King Street and south from Stoney Trail, and a future LRT stop will be within 500 metres of the community.

Register now to be among the first to receive more information, at belmontcalgary.com JAN 5 - FEB 2, 2018 39

THE LAST WORD

Q+A WITH CALGARY MAYOR NAHEED NENSHI

by MARLENE EISNER

in the downtown, the Beltline and at emerging transit-oriented development sites across the city.

The economic downturn has hurt our downtown core hard, and we have many buildings of all classes being underutilized.

One of our most significant challenges is to fill the towers with workers, but we should also take this opportunity to be innovative and encourage some older office buildings to be converted to residential to increase the density and housing options downtown.

Recently re-elected Calgary Mayor Naheed Nenshi shares his views on housing, transit and the development of Victoria Park

NextHome: Congratulations, Mayor Nenshi, on your reelection. How does it feel to be starting your third term?

Naheed Nenshi: Thank you. It feels very good. It is always energizing to meet with Calgarians and speak about our community’s future. That’s amplified during a campaign. A municipal election is the largest public engagement process our city can do, and Calgarians clearly indicated they want bold action to build a better economy, a stronger community and an even smarter city hall.

40 NextHome.ca

NH: When you first became mayor in 2010, you believed urban densification was possible for the city. What are some of the key achievements and challenges on the downtown densification?

NN: There has been a lot of

success as well as challenges over the last seven years. We achieved great success as a city in the build-out of the East Village, where we have attracted more than $3 billion in private sector development. The community is steadily growing, and, despite the downturn, we have had many great developments start

NH: Secondary suites are an attractive option for builders and for homebuyers in terms of affordability. What are your thoughts on this?

NN: I completely agree! In my

mind, they are a no-brainer.

Secondary suites increase the amount of rental housing available to Calgarians and allow homeowners a stream of income to better afford their own homes.

It’s a win-win all around.

NH: To improve the somewhat contentious relationship between the city and developers, you have tried to work on issues of mutual concern. Two are having new communities automatically zoned for secondary suites, and the adoption of six-storey wood frame buildings. How have these initiatives been working out?

NN: I’m really pleased with

how we’ve been able to work

collaboratively over the past few years. Even the contentious issue of development levies was eventually solved in a very collaborative way, with industry support and unanimous consent on council.

That sense of collaboration was very much a part of the other issues you mentioned.

Secondary suites have been legal in all new communities since early 2011, and, since Jan. 1, 2015, sixstorey wood frame buildings have been allowed. These measures have increased housing affordability and builders’ options. Several six-storey wood frame buildings have been approved and are already going up across the city.

NH: When it comes to densification, how do you convince Calgarians to give up the suburban life for downtown?

NN: My plan has always been

about providing citizens with options – that includes a diversity of housing choices within a complete community. We need to continue to create great neighbourhoods where people want to live, work and place. A complete community will have the single-family and multi-family options that support a diversity of incomes and demographics.

This includes products such as rowhouse and townhouse options, along with higher-end detached homes – all close to transit, retail and recreation amenities.

NH: You have been talking about the redevelopment of Victoria Park for a while. Why should the City invest so much capital into the area?

NN: The redevelopment of Victoria

Park in the Rivers District is the next logical step in the build-out of the East Village. For the investment of $357 million since 2005, Calgary has gained more than $3 billion in private investment and a dramatically redeveloped desirable community in the East Village.

As the East Village nears completion, it is logical to look at the opportunity to revitalize Victoria Park on the south side of the railway tracks. Together with the current facilities in the wider east downtown neighbourhood, we have the opportunity to create a truly dynamic cultural and entertainment district.

With a $150-million investment to upgrade the infrastructure in Victoria Park – along with other targeted investments in the BMO Centre, the Arts Commons, Olympic Plaza and in a new Arena – we have the opportunity to build something truly special. But we need to get the financial solution, the partner collaboration and the planning exactly right to make it work. This is one of my priorities in this new term.

NH: A new events centre is included in the Victoria Park development plan, one that is similar to the original CalgaryNEXT arena concept.

Prior to the election, you shared the city’s funding proposal for it because Calgary Sports and Entertainment Corp. (CSEC) pulled out of the deal.

What’s the latest?

NN: The most logical and cost-

effective way forward is to build

the new arena and events centre north of the Saddledome (by the BMO Centre & Stampede Grounds and in between the Red and the Green LRT Lines). The City of Calgary’s latest proposal to CSEC was a very reasonable deal, and I think the majority of Calgarians feel similarly. The City remains at the table and is always ready to negotiate a win-win solution for Calgarians and the owners of the Flames. When the CSEC is ready to return, we’ll be there.

NH: You are quoted as saying “Investments in public transit are some of the most important investments a government can make.” Why is it so important for Calgarians?

NN: Besides the direct benefit

that transit has on reducing traffic congestion and improving commuting time for both transit users and private vehicle drivers, there is the immense environmental benefit of cleaner air and more efficient use of fuel and space.

Transit provides an affordable mobility option for all citizens.

With good transit, someone can more easily get a job in a different part of the city without having to buy a second car – so it’s not just about physical mobility, it’s about social mobility and fighting poverty… That’s why I’m so pleased that we are moving forward with the Green Line LRT. The massive project – one of the largest infrastructure projects in Alberta’s history—will eventually double the size of our current successful light rail transit system by adding 46km of rail stretching from 160 avenue in the north to Seton in the south.

JAN 5 - FEB 2, 2018 41

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HOT PROPERTIES / CALGARY AREA 338 Ave E

OKOTOKS

HIGH RIVER

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32

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NEW HOMES

NEW CONDOS

1. RANCHERS’ RISE

4. HIGH RIVER MONTROSE

By: Bordeaux Developments Builders: Baywest Homes, Sterling Homes, Wolverine Custom Homes okotoksranchersrise.com

By: Dream Development Builder: Lifestyle Homes, Red Door Homes escapethecity.ca

2. DRAKE LANDING

5. HERITAGE POINTE ARTESIA AT HERITAGE POINTE

3. MOUNTAINVIEW By: Apex Developments Builders: Excel Homes, Sterling Homes mountainviewokotoks.com

th D

ei

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By: United Communities Builders: Lifestyle Homes, Sterling Homes, Prominent Homes drakeunited.com

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