EDMONTON NEW CONDO GUIDE Vol 21 Iss 04
Mar 30 - Apr 26, 2013 Volume 21 Issue 04
Edmonton Edition
NewCondoGuide.com
inside this issue
SAVING TIPS FOR FIRST-TIME HOMEBUYERS
ECG_CVR 03-30-2013-FIN.indd 1
HOW TO GIVE YOUR CONDO SOME COLOUR
ORGANIZING A SMALL LIVING SPACE
3/21/13 3/22/13 4:11:07 1:58:56 PM PM
MORE TIME MORE CHOICE
MORE FREEDOM more freedom Sales Centre NOW OPEN! More time More choice
The Name In Active Adult Living Villas at Lacombe Park • St. Albert With over 30 years of experience creating award winning multifamily urban villages for adults Edmonton Edition
and seniors, Christenson xR rou more than just a home.
5-WEEK ISSUE
Dec 3, 2011 - Jan 7, 2012
Volume 15 Issue 22
Located in the beautiful community of Lacombe Park Estates in Developments has beenPark providing andPark surrounding Located in at the beautiful community of adult Lacombe estates in with St.Albert, Villas Lacombe will be aEdmonton new bungalow St.Albert, Villas premium at Lacombe Park hardwood will be a new adult bungalow community boasting finishings, and ceramic community finishings, hardwood and ceramic flooring, finished boasting basementspremium and seasonal maintenance services flooring, and all so you canfinished enjoy thebasements finer things in life.seasonal maintenance services all so you can enjoy the finer things in life. Now selling, visit usnow at the Sherwood HomePark at estates, 88 Lacombe Drive sales Center Open! Visit Park us inShow Lacombe #51, 4001 Eton Blvd or call 780.903.2465 for more information. or call 780.903.2465 for more information. open Mon-Thurs 1-6pm and Show Home open Mon-Thurs 1-6pm and Weekends 1-5pm. Visit Weekends 1-5pm. Visit us online at CDlhomes.com online at CDLHomes.com
McCrae Estates In Griesbach
McCrae Estates
• executive PH: 780.406.7530 Condos Edmonton, Located In Award Winning • 979 - 1457 sq. ft. Village at Griesbach
• Bright spacious floor plans
Reflections
Eton Park Villas
PH: 780.975.8866 Sherwood Park, At Centre In The Park
PH: 780.903.2465 Sherwood Park, Adult Bungalows, Only 3 Remaining!
Includes: Includes: Includes: • Air-conditioning, 6 appliances • Spacious floorplans • Concrete and steel construction • Finished basements and GST • Premiumungerground finishings • Stainless steel appliances • Heated parking• Stainless steel appliances • 6 Appliances • Hardwood, granite, & ceramics • Granite, hardwood, ceramics SHOWHOME NOW OPEN • Underground available Show Suiteparking NOW OPEN! • Staring from $259,800 4450 McCrae• Immediate Avenuepossessions | 780.406.7530 Located in the Village at Griesbach, the easy choice for any Active Adult.
Other Villa Communities Other Villa COmmunities Eton Park Villas Avalon Villasavalon Villas • leduc eton Park Villas • sherwood Park Other Villa Communities 780.903.2465Leduc 780.995.3713 Sherwood Park Eton Park Villas • Sherwood Park Avalon Villas • Leduc • 780.903.2465 • 780.995.3713 780.903.2465 780.995.3713 INSIDE THIS ISSUE
MAINTENANCE FEES, A TRUE BARGAIN
HOLIDAY GUIDE: DECORATING
THE VIEW: WHAT ARE YOU LOOKING AT?
G u i d i n g P e o p l e H o m e Fo r O ve r 3 0 Ye a r s
NO MATTER WHERE YOU LOOK Citadel Village Villas At Lacombe Park CHRISTENSON DEVELOPMENTS IS THERE McCrae Estates ST.ALBERT
Emerald Hills Eton Park Villas Eton Park Estates
Alta Vista Glastonbury Village
EDMONTON SHERWOOD PARK
Southwoods Center At The Park Bedford Village Reflections
Legend
LEDUC
Devonshire Village
Villas/Bungalows
Villas/Bungalows Estate Condos
Avalon Villas
VILLAS/BUNGALOWS
Senior Community
ESTATE CONDOS
Estate Condos
SENIOR LIVING
Senior Living
Eton Park Villas 780.903.2465
Alta Vista 780.497.7245
Glastonbury Village 780.934.6636
•Villas 780.903.2465 at Lacombe Park
• 780.497.7245 McCrae Estates 780.406.7530 McCrae Estates
• 780.934.6636 Bedford Village 780.410.0004 Bedford Village
Eton Park Villas
780.903.2465 Villas At Lacombe Park •Avalon 780.903.2465 Villas
780.995.3713 Avalon Villas • 780.995.3713
Alta Vista
• 780.406.7530 Refl ections 780.410.0004 Reflections • 780.975.8866
Eton Park Estates Eton Park Estates 780.410.0004 • 780.975.8866
Glastonbury Village
• 780.975.8866 Citadel Village 780.934.6636 Citadel Village • 780.934.6636
Devonshire Village Devonshire Village 780.934.6636 • 780.934.6636
Southwoods Southwoods 780.432.3222
• 780.432.3222
VISIT A SHOW SUITE TODAY CALL FOR MORE INFORMATION
victory park townhomes Located in Village of Griesbach which received Best Subdivision and Amenities Awards
UP TO
2000
+sq.ft. finished area
visit show home for details
PRICES FROM THE $330’s Features Include: 2, 3 & 4 Bedroom Townhomes 24’ Deep Detached Garages Granite and Stainless Steel Kitchens Full Basements & Big Yards Classic Craftsman Styling ■ ■ ■ ■ ■
ictory Park is located across from V Central Hill Park which features: Naturalized Tree Groves Toboggan Hill Natural Play area Community Garden Lookout with Walkways and Rock Terraces ■ ■ ■ ■ ■
immediate possession available for: Unit 2 1260 Sqft 3 Bedrooms, 2.5 Baths Oversized Double Garage Granite, Laminate and More Low $300’s Immediate Possession ■ ■ ■ ■ ■ ■
■
■
■
■
■
3 SHOW suites
now open
UNIT 10 2024 Sqft 4 Bedrooms, 3.5 Baths Double Garage Granite, Laminate & More
■
■
■
■ ■
VictoryTownHomes.com Call Paul Fitzsimmons:
780.982.6656 or 780.989.1110 4 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
■ ■
153 Ave.
Show Suite Hours Mon-Thurs 3 to 7pm Weekends 1 to 5pm
Fully Finished Basement End Unit Mid $300’s Immediate Possession
■
VICTORY LANE
Sir Arthur Currie Way Future home of Victory Park
DeWolf Rd. 137 Ave.
97 Street
■
Pegasus Blvd.
Fully Finished Basement Immediate Possession Mid $300’s
■
Castle Downs Rd.
UNIT 5 1700 Sqft 4 Bedrooms, 3.5 Baths Double Garage Granite, Laminate & More
VICTORY POINT
WINDSOR PARK
FINAL SELL OFF
BEST VALUE IN
SAVE UP TO $148,000*
SHERWOOD PARK
*FROM ORIGINAL PRICE
■ ■
■
■ ■ ■
Immediate Possession Steel & Concrete Construction & 9 Foot Ceilings Maple Cabinets, Porcelain Tile, Laminate Floors, Granite Counters Central Air Conditioning & Stainless Steel Kitchen Appliances Beautiful Central Courtyard with Gazebo Underground Heated Parking & Storage Fitness, Amenity Rooms & Roof Top Garden
SHOW SUITE
POINT
ult
Blv
d.
97 Street
VICTORY Ga
Griesb Paradach e
Castle Downs Rd.
153 Ave.
1003 Gault Blvd Mon & Wed 3 to 7pm Weekends 1 to 5pm
137 Ave.
GREAT FIRST HOME OR HOME BASE FOR SNOWBIRDS!
2 BDRMS FROM $250’S ■ ■ ■
Granite counters throughout Maple cabinetry Laminate and tile flooring
SHOW SUITE HOURS
IMMEDIATE POSSESSION
Weekends 1 to 5pm
Jim Common Dr. Park Pentecostal Church
Charlotte Way
Show Suite
Crimson Dr.
■
$300’S
Brower Dr.
PRICES FROM THE MID
Baseline Rd.
VICTORYPOINT.CA CALL PAUL FITZSIMMONS:
780.982.6656 or 780.989.1110
LIVEATWINDSORPARK.COM 273 CHARLOTTE WAY, SHERWOOD PARK
780.974.4757
VISIT ABBEYLANEHOMES.COM 5
Others try to fit in. At The Ion, we stand out. Experience what your life could be like in an ultra modern CONDO community close to everything in Ambleside SW. Stylish 1 or 2 bedrooms with a park, pathways, pond, exercise facility, entertainment room, guest suite, outdoor BBQ and so much more.
•
showsuites.
one bedrooms
up to 682 sq ft
from from
797 /month! 176,000+ gst
$
with a qualifying income of $36,321
two bedrooms
up to 965 sq ft
from
from
1,085
$
/month!
239,500 + gst with a qualifying income of $48,343
9’ ceilings, stainless steel appliance package, window coverings, washer/dryer , heated underground and/or surface parking, storage
• Natural pond, pathways and park •
Guest suite in Building 3
• Life Fitness exercise facility - Building 1 • Outdoor recreation area with BBQ • Entertainment suite with 10’ TV screen - Building 2 • Close proximity to The Currents in Ambleside shopping complex and VIP Cineplex • Complimentary Jayman Moving Van
2.54%
FINANCING
Jayman Financial
3
PRE-FURNISHED SUITES AVAILABLE Building 1 SOLD OUT Building 2 60% SOLD OUT MOVE IN NOW Building 3 Prime city, pond and park views *MONTHLY PAYMENTS AND QUALIFYING INCOME BASED ON 5% DOWN PAYMENT, 3 YEAR AT 2.54%, 6 MONTH RATE 25 YEAR AMORTIZATION AND DOES NOT INCLUDE CONDO FEES AND PROPERTY TAX. INSURANCE PREMIUMS APPLY. RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. SOME CONDITIONS APPLY. CLIENTS MAY HAVE TO QUALIFY AT A HIGHER RATE. O.A.C., E. & O.E.
• • • ioncondos.com 2584 Anderson Way SW • Mon-Thurs 2-8pm Fr, Sat, Sun & Holidays 12-5pm • 780.756.3881
BEST TOWNHOME VALUE IN AMBLESIDE frOM
271,400 + G S T
$
Ambleside’s pond and pathways
NEW VIP Cineplex
The Lillium - 3 bedroom two-storey
2 bedroom 3 storey with garage; 1551 sq ft finished
An exclusive collection of 2 & 3 bedroom townhomes with garage surrounded by AN ABUNDANCE OF GREEN PARK SPACE, FUTURE SCHOOL SITE, AND PLAYGROUND
3 bedroom 2 storey with double garage; 1344 sq ft finished optional 586 sq ft lower level development • 2.5 baths • 9’ ceilings • Full height ceramic tile backsplash • Stainless steel appliances • Washer and dryer • Quartz countertop • Shag carpeting • Laminate and ceramic tile flooring • Maintenance free living (includes snow removal and
• Next to a 4 acre park, future school/park space and near a community pond with walking trails, landscaping, benches and viewing areas • Short walk to the new VIP Cineplex, grocery stores, restaurants, retail and dental/medical in the Currents shopping centre
landscape maintenance)
from
1230 /month 2 bedroom $ 271,400 +GST
$
Qualifying income $54,383 From
CURRENTS RETAIL
1334 3 bedroom $ 294,510 +GST
$
/month
Qualifying income $58,758
PARK /PLAYGROUND PARK
POND PATHWAYS
r.
nD
Alla Anderson Way
Ellerslie Rd.
MOVE IN NOW youareeve.com
3710 Allan Drive SW Mon-Thurs 2-8 pm Sat-Sun & holidays 12-5 pm 587.520.1563 7
March Eve Condo Guide.indd 1
3/18/2013 11:06:05 AM
table of contents
March 30 to April 26, 2013 volume 21 issue 4
special advertising insert
carrington communities (between pages 18 & 19)
columns, news & features
56 018 editor’s note ColumnS
020 Mortgage talk Are you ready to make the move from renting to owning?
by michelle oranchuk
036 money matters If you spend every penny you make, you might need to implement the illusion of scarcity by gail vaz-oxlade
060 style file The colours you choose can dictate the feel of your home – and your mood by yanic simard
080 quick tips The seasonal switch-up: make room for spring by hellen buttigieg
084 scrumpdillyicious Molten Chocolate Lava Cake is the quintessential chocolate lover’s dessert by leslie styles
news
026 c hba awards The CHBA - Edmonton Region handed out its annual Awards of Excellence in Housing 054 t he economy Canadian economic growth to improve in 2013 says CIBC
features
046 tax time Working from home: tax tips for the self-employed by jenn killins
056 a round the house Quick and easy ways to upgrade your kitchen by scott mcgillivray
074 h ot topic The construction discussion: wood or steel and concrete? by Alana Cheyne
076 small spaces Clever ways to organize a small living space
Vice-President, Wall2Wall Media
Jacqueline Hill Editor-In-Chief
Susan Legge Director of Sales, Western Canada
Josh Heppner Editor
Janine Druery Lydia McNutt (on leave) Art Director
Sarah Jang Contributing Editors
Sara Duck Wayne Karl Elisa Krovblit Design Editor
Yanic Simard Media Consultant
Shelley Balla 587.784.4044
28
Production Manager
42
Bala Gnanapandithan Production Co-ordinator
Laura Northmore Graphic Designer
Caroline Wassef National Account Manager, Mediative
Paul Slizys Published By
PO Box 458 Station Main Edmonton, AB T5J 2K1
082 h ome style Pastel colours are brightening up the home this spring Homebuyers’ Help
019 web directory 042 f irst-time buyers Saving tips for first-time homebuyers 094 Homebuyers’ Help Condo Buyers’ Resource Section 098 CONDO hunter’s CHECKLIST Carry this list with you and take notes
Project Location Maps
029 South West 037 South East 043 Sherwood Park 045 Leduc 047 Beaumont 049 North East 055 Gibbons 057 Fort Saskatchewan 058 Morinville 059 St. Albert 063 North West 067 West Edmonton 071 Spruce Grove 073 Stony Plain 077 South Central 085 Downtown
Copyright 2013 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. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. Advertising rates
T 587.784.4044 email shelley.balla@wall2wallmedia.com Circulation Edmonton’s New Condo Guide is
published every four weeks, 13 times per year. To submit articles or advertising, we are located at PO Box 458 Station Main Edmonton, AB T5J 2K1. New Condo Guide is free to the public.
Editorial Submissions from interested parties will be considered. Please submit to susan.legge@wall2wallmedia.com
The views and data expressed by columnists do not necessarily represent those of the publication.
10
11
Show SuiTe
NOW OPEN
Secord cornerS Luxury TownhomeS deSigned for Today’S buyer
W
ords like stylish, modern & even a little bit sexy come to mind as you enter the Secord Corners Townhomes. Gleaming granite countertops, large windows and a glass tile backsplash in the kitchen give the space a sleek, urban feeling while features like the large rear deck & oversize double attached garage are exactly what suburban buyers are looking for. Innovative finishes like glass walls instead of the usual spindle stair railings allow light to flow throughout the home. Thoughtfully positioned in the west end of Edmonton, Secord Corners townhomes are located in the gorgeous community of Secord. This family oriented community is just off past Lewis Estates and provides easy access to West Edmonton Mall plus the Whitemud and Anthony Henday freeways.
12 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
Just a stone’s throw away from grocery stores and the established community of Parkland, Secord Corners offers spectacular value for residents. Easily accessible and close to many amenities, these townhomes are the exactly what northwest Edmonton has been waiting for. Perfectly sized at 1536 square feet, these homes have been specifically designed to maximize the floor space. The open concept design allows one room to flow into another, giving the overall impression of a much larger home. A spacious gourmet style kitchen with a convenient eating bar is ideal for active families or professional couples with hectic lifestyles while the dining nook is the perfect spot for family meals or a party. The great room features plenty of room for a luxurious flat screen TV, an oversize window and has lots of room for entertaining. A well-placed half bath is very convenient for both
YELLOWHEAD TRAIL
STONY PLAIN RD.
green dr. 87 ave. n w
r
SECORD Sales Center
178 ST.
webb e
anthony henday dr.
217 ST.
s
Lake
215 ST.
winterburn rd. blvd. ord sec
STONY PLAIN RD.
WHITEMUD DR.
residents and guests. Upstairs, three generous bedrooms offer fantastic space for children or make excellent offices or hobby rooms. The master suite is a great size and comes with a large walk in closet and four-piece ensuite. Another four-piece bathroom completes this level. The lower level of the home contains the laundry room, storage room and oversize double garage. Many valuable upgraded features of these homes include five appliances, an oversized deck and full landscaping of both front and back yards. The extra deep double attached rear garage has additional storage for the kids stuff or recreational equipment. Secord Corners Townhomes have been planned and are being constructed by Footprint Developments. This company specializes in creating greater Edmonton’s most value rich townhome communities. Very popular with
today’s buyers, their first development, Terwillegar Corners, sold out in just months. Secord Corners Townhomes are master crafted and come complete with valuable, upgraded features and finishes. Only 48 townhomes in Phase 1 are available in this private community, so do not wait to reserve yours! Priced from the $270’s these homes are definitely west Edmonton’s most impressive new home opportunity. For more information about Secord Corners Townhomes, please call 780.966.6524 or visit their show home at the ultra successful MacTaggart Ridge project. They are located on Mullen Way in MacTaggart in southwest Edmonton. Check out www.secordcorners.ca for more details too.
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 13
EDMONTON’S URBAN VILLAGE STEELE & CONCRETE CONSTRUCTION
STARTING FROM
199,900
$
C
ome and be a part of an exciting new urban village in one of Edmonton’s most historic neighbourhoods! Station Pointe Village, located just one block from Belvedere LRT Station, is a great community for first-time buyers, families and seniors alike. Not only is its physical location optimal for commuters, but thanks to the planned community gardens, playgrounds, large amenity building, walking paths and large commercial spaces for daycares, bakeries, bistros, doctors’ offices, lawyers offices and more, Station Pointe Village perfect for most families, too. Add that to 375 units of one-, two- and three-bedroom condos—spread across five buildings—and you’ve got a vibrant community just waiting to, well...happen! Station Pointe Village is part of the City of Edmonton’s Fort Road Redevelopment initiative. The City of Edmonton selected BCM Developments, to be a part of the project, because of our high quality designs and innovative building techniques. We’ve been building in Western Canada for over 30 years, and we build with our patented steel and concrete system and use 80% post-consumer recycled materials—to make sure we’re taking care of our environment today and in the future.
Together, we’ve been working together with the City to highlight the heritage of the area while improving the lands and surrounding neighbourhood. By maximizing on land use with functionally-designed residential homes, inviting park spaces, walking paths, biking paths and links to the LRT, the new Fort Road will be one of Edmonton’s best linked and desirable familyfriendly communities.
www.stationpointe.com | 780-490-6008 | myhome@stationpointe.com *EO&E
LOW CONDO FEES
guaranteed
BEST NEW HOME SELECTION 1 Bedroom + den 2 Bedroom, 2 full bath 3 Bedroom, 2 full bath Retail space available for purchase or lease (21,160 sq/ft)
PRE-SALES PRICING Be one of the first 10 purchasers and receive over $25,000* in buyers incentives and upgrades.
Units are now pre-selling for the first of five buildings. Ground will be broken this spring, with the second building coming on in late winter 2014. Purchase now and you can pick from a long list of free free upgraded quartz countertops and laminate flooring, and get free condo fees for one year. Plus, stop by the trailer today to see if you’re eligible for the SmartBuy down payment assistance program. For more information visit us online at stationpointe.com or call 780-490-6008.
• Transit-oriented development • 1 block from Belvedere LRT Station • Patented steel & concrete development • Sustainable ECO friendly development • Low condo fees • Secure underground parking • Large amenity spaces • Family friendly, multi-generational community in place for over 30 years. BEST BUYERS INCENTIVES* such as the “SmartBuy Buyers Program” can’t put down all your down payment no problem we can work out the details give us a small deposit to get started and over the course of several months we will help you build up your total deposit needed. THE BEST MORTGAGE RATES and buyer programs around come in and get the details. BEST TIME TO SELECT your interior fi nishes and colours and upgrade your appliances if you wish. Or just take the Free upgrades like stainless steel appliances, upgraded washer dryer and upgraded Composite Granite countertops and Vessel sinks in kitchen, bathrooms up to ($16,000.00*) UP TO 24 MONTHS of free condo fees up to ($7200.00*) FREE UPGRADED Window Blinds throughout ($3500.00*)
SALES CENTRE
FREE 12 MONTHS of Home Telephone, Internet, T.V. and PVR equipment. ($1500.00*). ON SITE shopping and amenities such as doctors, dentist, daycare and restaurants. Come see us to buy or lease your next new commercial location.
Address: 403 Belvedere Way (1/2 block east of 66 street, on Fort Road) Show Suite Hours: Mon-Thurs 3-7 PM, Sat-Sun & Holidays: 12-5 PM *EO&E
Souped up kitchens you’ll flip over. Smart design makes all the difference. We use the most up-to-date materials and techniques, but when it comes to quality and old-fashioned values, our approach couldn’t be more traditional. Grand Design townhouses and condominiums are stylish and built to last.
Visit GrandeDesign.ca for more information. 16 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
07541_NHBG_Spread_15 x 10_5_v2_r1.indd 2
RUTHERFORD PARK
LAKEVIEW TERRACE
Southwest Edmonton 780-758-4191
North Edmonton 587-520-6135
RutherfordPark.com
Lakeview-Terrace.com
Prices starting in the $280’s
Prices starting in the $280’s
PRINCETON COURT
NORTHRIDGE PLACE
Sherwood Park 780-570-5065
St. Albert 780-569-5209
PrincetonCourt.ca
NorthridgePlace.ca
Prices starting in the $300’s
Prices starting in the $170’s
Find your new home today at GrandeDesign.ca.
New Homes. Classic Values. NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 17
13-03-18 3:52 PM
EDITOR’S NOTE
“GET IT IN WRITING” still applies
SUSAN LEGGE
EDITOR-IN-CHIEF
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide
In a hot real estate market like Toronto’s the term “get it in writing” has never been more important. In the case of a new home or condo purchase, your contract outlines everything your new place will have in it, on it and around it. Otherwise known as the Agreement of Purchase and Sale, the contract spells out the terms between you and your developer and/or builder. Without it, if there is a misunderstanding or disagreement, it’s impossible to prove what was agreed upon. Since building a new home or condo is much more complicated than a resale transaction where a home and/ or property likely already exists, there is no set Agreement of Purchase and Sale or standard contract for buying a
new home. In some provinces, builders may have standard contracts prepared by the local home builders’ association or their new-home warranty program. Builders often prepare their own agreements, so new-home contracts can vary from one builder to another and from province to province. Before you sign a contract, review it carefully with the builder and ask questions to make sure you fully understand what’s it in. Your next step is to take it to a real estate lawyer and have it reviewed. Once it is signed it becomes a legal document, so seeking the services of an experienced lawyer is an important step toward ensuring that your dream home becomes a reality.
IT PAYS TO BE CURIOUS
JANINE DRUERY
EDITOR
Wall2Wall Media Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery
One of the very first things we learned in Journalism school was the age-old adage: “There is no such thing as a stupid question.” But to a class of young, wide-eyed students with dreams of Pulitzer Prizes, the thought of seeming ignorant or ill-informed didn’t sit well. So many of us censored ourselves from asking pertinent questions. During my first job in the field, any concerns I had about looking silly quickly diminished. I rapidly realized the importance of asking questions when I simply don’t know the answers. So, I can’t stress enough the importance of asking questions when buying a home. Since a home is the largest purchase most of us will ever make, it really pays to be curious – particularly when choosing a builder.
18 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
A good rule of thumb is to buy a notebook or grab your iPad and make a list of the questions you want to ask the builder, and then keep a carefully detailed account of the answers. For instance, how long have they been in business? How many projects have they been involved with? Have their projects been completed in a reasonable time frame? Can they give you a list of references? Is everything you see in the model homes standard? Will you have access to the site during the building process? There is so much you will want to ask, and a good builder will have no trouble answering your questions. Remember, this will be your home and you are the one who has to be happy there. So make your list and enquire away.
Web Directory BUILDERS/DEVELOPERS
Find your next condo online, it’s easy! BUILDERS/DEVELOPERS
Abbey Lane Homes
www.abbeylanehomes.com
Secord Corners
www.secordcorners.ca
Albany Trails
www.albanytrails.ca
Serenity
www.liveserenity.ca
Californian Parkland
www.vipliving.ca
Solara at Skyview
www.solaraliving.ca
Callaghan Ravines
www.callaghanravines.com
Station Pointe Village
www.stationpointe.com
Carrington Communities
www.carrington.ca
Tenor on the River
www.touchstalbert.com
Christenson Developments Ltd. www.cdlhomes.com
Tessco Incorporated
www.edmontoncondo.com
Concept Homes
www.concepthomes.ca
The Icon
www.theicon.ca
Coventry Homes
www.coventry-homes.com
The Rushes of Southfork
www.rushesofsouthfork.ca
Daytona Homes Master Builder www.daytonahomes.ca
The Signature
www.signatureambleside.com
Encore Tower
www.encoretower.com
Ultima
www.ultimatower.ca
Footprint Developments
www.footprintdevelopments.ca
Victory Lane
www.victorytownhomes.com
Fox One
www.foxtowers.ca
Windermere Mansions
www.windermeremansions.com
Grande Design Homes
www.grandedesign.ca
Windermere Waters
www.windermerewaters.com
Homes by Avi
www.homesbyavi.com
Landmark Urban Living
www.landmarkgroup.ca
Maxx Urban Living
www.livemaxx.ca
Meridian Plaza
www.meridianplaza.ca
Park Homes
www.parkhomes.ca
Parkwood Master Builder
www.parkwoodmasterbuilder.com
Robert F. McLeod
www.robertmcleod.ca
Rohit Communities
www.rohitcommunities.com
RELATED BUSINESS Canadian Home Builders’ Association – Alberta
www.chbaalberta.ca
Canadian Home Builders’ Association – Edmonton
www.chbaedmonton.ca
››
If you wish to advertise your Web site in our Web Directory please call 587-784-4044
19
MORTGAGE TALK
Are you ready to make the move from
// BY MICHELLE ORANCHUK
RENTING TO OWNING? significantly in the long run. Consider this: the value of the average Canadian home has been steadily increasing, so the earlier you can redirect the money you currently pay in rent into paying down a mortgage, the faster you’ll start building equity in your home. ›› Does the increase in value represent a good investment? The answer
Michelle Oranchuk is a Mortgage Specialist with RBC Royal Bank serving Edmonton and the surrounding area. She specializes in helping you select a mortgage that suits your lifestyle and makes your home ownership goals happen. Expert advice on mortgage pre-approvals, purchasing real estate, refinancing, mortgage rate inquiries and Realtor referrals. michelle.oranchuk@rbc.com
is yes, because housing is typically a stable investment, offering good rates of return. Low inflation and low interest rates, demographics and immigration are all factors supporting the belief that a home will continue to be a good long-term investment, at least in most parts of Canada. Perhaps more than ever, location is the key factor driving price increases. In a strong housing market, homes in particularly desirable areas are more likely to see above-average price increases. In weak housing markets, these homes tend to retain their value better. Although no one can predict where prices will be 25 years from now, the average price of a home in Canada has risen substantially in the past 25 years, making a home investment one of the best investments available today. FEDERAL GOVERNMENT’S HOME BUYER PLAN
A 15 per cent tax credit for first-time buyers
I
f you’re renting, you may dream about owning a home of your own – a place to furnish and decorate as you like, where you can set down roots, enjoy a great neighborhood, and entertain friends and family. But you may be uncertain whether you’re ready to make your move from renting to buying, especially if you haven’t started saving. Fortunately, with today’s low mortgage rates and more flexible down payment requirements, your first home may already be within your reach. ›› The long-term investment value of a home remains very good
There’s also a sound financial reason to buy a home. Your home may be the single biggest investment you’ll ever make, one that could pay off
First-time homebuyers can claim a 15 per cent non-refundable tax credit based on an amount of $5,000. That’s a maximum credit of $750. As long as the home is eligible for the Canadian government’s Home Buyers’ Plan*, the First-Time Home Buyers’ Tax Credit can be claimed by you or your spouse. Any unused portion of the credit can be claimed by the individual’s spouse or common law partner. Enriched Home Buyers’ Plan withdrawal limit
First-time homebuyers can also take advantage of a higher Home Buyers’ Plan withdrawal limit. Now buyers can withdraw up to $25,000 per person, or $50,000 per couple, from their registered retirement savings plan (RRSP) to buy or build a qualifying home* for themselves or for a related person with a disability. *For full details on Home Buyers’ Plan eligibility, please visit www.cra-arc.gc.ca
20 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
Landscaping front and back Garages are insulated, drywalled and taped Hardwood Ceramic tile Rail with iron spindles 1”1/4 Granite to kitchen Tankless hot water heater Premium stainless steel appliances Fencing Rear deck The Silent Neighbor® wall system Gasline to deck 40” high kitchen cabinets to the ceiling 9ft basement ceilings for future development
NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 21
marke t mar t s with
Jim Malner
While it is great to find the ideal home for your needs, family and future aspirations, there is that one small item that may be standing in your way – are you financially able to purchase a new home. Now, unless you want to end up on “Til Debt Do Us Part” being humiliated in front of thousands of equally inept TV viewers there is probably some fiscal literacy you should learn that may be handy for evaluating whether you should purchase real estate.
Take all your gross assets and subtract all your debts. If the result is positive you should be able to determine what down payment is reasonable.
Establishing your Net Worth is a good first step. This is a simple calculation and may turn out to be a real eye opener. Take all your gross assets (things you own of a significant monetary value, bank accounts, cash savings, RRSP’s, some insurances, etc ) and subtract all your debts (interpreted as enforceable amounts owed to people or organizations including balances on credit cards, student loans, credit lines, personal loans, etc. It should also include non-registered debt to parents, friends, employers and so on.) If the result is positive you should be able to determine what down payment is reasonable. Another thing to prepare is a “realistic” household budget so you know what “cash flow” is available monthly to service the financial obligations a new home brings. An important aspect of monthly budgeting aside from actually knowing your true expenditures is setting up an “emergency” savings amount. A third calculation to be familiar with is the GDS or Gross Debt Service calculation. Financial institutions use this calculation to determine what amount of money you can afford to spend on housing costs and will limit borrowing to that value. The general rule is housing costs cannot exceed 32% of your gross monthly household income. They include in housing costs principle and interest portions of mortgage payments, taxes, and heating expenses. Another affordability value banks look at is the TDS or Total Debt Service ratio. This variable states your total monthly debt service should not exceed 40% of your gross monthly income. This is where all those other factors like car loans, credit card debts, and student loans can really take a bite out of your home purchasing power. 22 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
Financial Considerations To Buying A Home
A final calculation to think about is the maximum home price you can comfortably afford which will only partially be determined by you. The most important inputs to look at include your gross household income, what you can put into a down payment (your cash up front), and the prevailing mortgage interest rate which will determine what monthly payments are on any given priced home. To simplify the shopping process it is often a good exercise to visit the financial institution you will be getting your mortgage from and get a pre-approval. This will be a dry run of sorts through the financial maze of home ownership and all these calculations will be completed in advance and a pretty good idea of what you can spend be determined in a low pressure environment. The pressure really comes when you find a home that is perfect for you, because in Alberta real estate you have about 10 days to get financing approval. That may seem like a long time but in reality it is extremely tough to get all your financial house in order to the satisfaction of a bank in 10 days given today’s crushing work and home life obligations. Buying and owning a home is a great way to get yourself on the road to financial security but, as you can see, it does require some thoughtful and pragmatic planning and discipline. Most builders offer excellent financial support programs that help ease you through the process and I would recommend if you are feeling a bit lost in the process to take advantage of them. They generally include corporate banking services or mortgage brokering services that will help obtain financing if your credit is less than perfect or you need to restructure debts to achieve some of the thresholds discussed earlier.
Follow CSG on Facebook or Twitter for regular real estate opportunities and updates. All of Jim’s columns are posted on CSG’s blog at marketsmarts.net.
Jim Malner is President of Consumer Strategies Group (CSG), Alberta’s longest serving, professional, real estate marketing consultancy with offices in Edmonton, Calgary and Vancouver.
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23
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favorite neighbourhood
Find out about nearby services and amenities
View new construction projects and register to get the latest info
Visit the new real estate section on canpages.ca and start looking for that special place.
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24 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
canpages_filler_VF.indd 1
13-02-26 4:50 PM
CHBA
AWARDS
OF
E XCELLENCE
Celebrating Excellence Congratulations to the winners and finalists at this year’s Awards of Excellence in Housing. Your achievements represent the best of the best within the residential construction industry.
IN
HOUSING
chba awards
Innovation, Dedication and Commitment On Saturday, March 16th, the
Canadian Home Builders’ Association - Edmonton Region hosted the 33rd annual Awards of Excellence in Housing gala to a sold-out crowd of more than 1,600 people. The Awards of Excellence in Housing (formerly known as the SAM Awards) pay tribute to the best in sales and marketing ideas, outstanding products, superior home building, and exceptional neighborhoods. Congratulations to all of the winners and finalists! Established in 1954, the Canadian Home Builders’ Association - Edmonton Region, represents over 400 member companies comprised of builders, developers, renovators, trade contractors, manufacturers, suppliers, designers, engineers, financial institutions, and a host of allied professionals. For further information, please contact: Kimberley Banford Program & Service Manager - Events 780.702.0324 | kbanford@chbaedmonton.ca
26 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
ADVERTISING AWARDS Sponsor: Edmonton Journal
Best Print Advertising Rohit Communities Baby it’s cold outside
Sponsor: Jayman MasterBuilt
Best Radio Commercial Landmark Group of Builders Moving Out Sponsor: Wall2Wall Media
Best Digital Media Campaign/Mobile APS Brookfield Residential Chappelle Gardens Sponsor: Source Media Group
Best Direct Mail / Email Promotion Beaverbrook Developments Greenbury Tree Planting Event Sponsor: Alberta New Home Warranty Program
Best Indoor / Outdoor Advertising Parkwood Master Builder Infill Campaign Sponsor: A&A Trenching
Best Brochure Package Beaverbrook Developments Greenbury
Sponsor: Edmonton Sun
Best Website Bedrock Homes www.bedrockhomes.ca
Best Website Aquarian Renovations www.aquarianrenovations.com LEADERSHIP AWARD Sponsor: Lenbeth Weeping Tile
Leadership Award Parkwood Master Builder
MULTI - FAMILY HOUSING AWARDS Sponsor: Noremac Industries Ltd
Best Multi-Family Apartment Style under $250,000 Rohit Communities Mandarin Sponsor: Edmonton Transit Mix
Sponsor: RBC Royal Bank
Best Multi-Family Apartment Style $250,000 - $350,000 Carrington Communities Rutherford Gate - Waterloo Suite
Best Multi-Family Townhouse/Duplex under $275,000 Alldritt Homes Ltd. The Nottingham - Tiffin Residence
Sponsor: National Home Warranty
Sponsor: A & A Trenching
Best Multi-Family Apartment Style over $350,000 Rohit Communities The Duke
Best Multi-Family Townhouse/Duplex $275,000 - $300,000 Rohit Communities Dakota Sponsor: Maclab Enterprises
The Awards of Excellence in Housing pay tribute to the best in sales and marketing ideas, outstanding products, superior home building, and exceptional neighborhoods.
Best Multi-Family Townhouse/Duplex $300,000 - $330,000 Dolce Vita Homes LP Lexington Duplex Sponsor: Pacesetter Homes
Best Multi-Family Townhouse/Duplex $330,000 - $425,000 Landmark Group of Builders Apex IIID Sponsor: IXL Masonry Supplies
Best Multi-Family Townhouse/Duplex Over $425,000 Tapestry Developments Monterey
Sponsor: Dyand Mechanica Systems Incl/Wood Wood & Energy Store
Best Multi-Family - Townhouse/Duplex Project Rohit Communities SALES CENTRE AWARDS Sponsor: Realtors Association of Edmonton
Best Sales & Information Centre Single Family Sterling Homes (Edmonton) Ltd. 2108 Trumpeter Way NW Sponsor: Rawlco Radio Ltd
Best Sales & Information Centre Multi-Family Carrington Communities 1144 Adamson Drive SW Best Sales & Information Centre Multi-Family Jayman MasterBUILT 1061 Watt Promenade SW Sponsor: Christenson Developments
Best Design Centre/Show Room Aquarian Renovations 11428 - 142 St
Sponsor: Grant Thorton LLP
Best Multi-Family - Apartment Building Carrington Communities Waterstone A NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 27
BUILDER OF THE YEAR Sponsor: Coleman Heating & Air Conditioning
Builder of the Year - Small Volume Kimberley Homes Sponsor: Coleman Heating & Air Conditioning
Builder of the Year - Large Volume Rohit Communities
REALTOR AWARD Sponsor: Sterling Homes
Sponsor: Daytona Homes Master Builder
BUILDERS CHOICE AWARDS Sponsor: Alldritt Land Corporation LP
Sponsor: Park Royal Homes
Builder/Realtor/Co-operation Award Jeff Johnson
Supplies/Manufactures a Product directly to the Builder/Renovator Progressive Home Warranty Sponsor: Marcson Homes
Supplies/Manufactures and Installs a Product directly to the Builder/Renovator Divine Hardwood Flooring 28 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
Supplies a Service directly to the Builder/Renovator RONA General Member of the Year - Builders Choice Award Progressive Home Warranty
SouthWestEdmonton
105 St.
111 St.
119 St.
40 Ave.
SOUTH
WHITEMUD DR.
Rabbit Hill Road
6
23
51 Ave.
34 Ave.
2
24
CALGARY TRAIL NORTH
Riverbend Rd.
Lansdowne Dr.
Ter will ega rD r.
ay Dr. y Hend Anthon
North Saskatchewan River
Belgravia Rd.
104 St.
Fox Dr.
113 St. 109 St.
76 Ave.
QUESNELL BRIDGE
170 St.
23 Ave.
4
Ha dd ow
14
Dr.
1 17 15 7 22 25 10
9 20
21
19 Ave.
Saddleback Rd.
9 Ave.
26
16
MacEw an Road
Blackburne Drive
13
Ellerslie Road
19
Map Listings 1 eve in ambleside by jayman modus
3710 Allan Drive SW
7 windermere mansions
2 W aterstone in 8 Vistas at callaghan MacTaggart Mains by Carrington Communities
6079 Maynard Way 3 Callaghan Ravines by Rohit Communities
1623 James Mowatt Tr 4 ion in ambleside by Jayman
2582 Anderson Way, SW 5 RUTHERFORD LANDING
by CARLISLE GROUP 11804 - 22 Ave. SW
3 8 5 18 12
12 c reekwood chappelle
17 Windermere Village by Meterra by Rohit Communities 504 Chappelle Dr. SW 3717 Whitelaw Lane SW
by westrich pacific
1350 Windermere Way SW
11
13 e’scapes by Carrington Communities
11080 Ellerslie Road
by Rohit Communities
604 Cantor Landing
14 L’Attitude Studios 9 The Brownstones
by Carrington Communities
by Grande Design
4941 Terrwillegar Common 10 elements at windermere
304 Ambleside Link SW 15 the signature by westrich pacific
by Carrington Communities
Windermere Blvd & Windermere Rd. 11 K imberley Communities 1901 - 126 Street SW
5151 Windermere Boulevard 16 South Terwillegar Village by Greenboro Homes
7293 South Terwillegar Dr.
6 Infusion by Rohit Communities
111 Ambleside Drive
18 s outh Callaghan Townhomes by voco
Corner of Casselman Link & Cunningham Way SW 19 Rutherford Gate by Carrington Communities
11615 Ellerslie Road 20 south Terwillegar by park homes
4105 - 7323 South Terwillegar Dr. 21 S outh terwillegar Townhomes by Footprint Developments
22 v illage at langdale by rohit communities
704 - 176 Street SW 23 Serenity Gardens by Regency developments
105 Street & 56 Avenue 24 Century Park 112 2606 – 109 Street 25 windermere waters by westrich pacific corp
1290 Windermere Way 26 R avine Point At MacTaggart Ridge by Cambridge Meridian Developments
5835 Mullen Place
Mullen Way
SOUTHWEST EDMONTON | Call Katie 780.439.5030
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
2BR CONDOS FROM $217,900 11517 Ellerslie Road NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 29
southwest
South Terwillegar II: Final Suites Now Available!
T
he final phase of Park Homes exceptional South Terwillegar condominium development is now almost 50% sold! Located at the corner of South Terwillegar Drive and Rabbit Hill Road, South Terwillegar II is your last chance to be a part of this coveted community. Excellent access to the Anthony Henday makes South Terwillegar II ideal for those who want the convenience of easy city accessibility, while being away from traffic congestion. This Park Homes project is situated in the highly sought after southwest area of Edmonton and is surrounded by first-rate amenities. Currents shopping centre is just minutes away and filled with restaurants, banks, shopping, and entertainment – including Alberta’s only VIP Cineplex Theatre. The final phase of the development offers 36 expertly designed suites presented in an inviting four story building. Oversized windows create a bright backdrop to the living spaces within each home. With three floor plan options available, each with two bedrooms and two full baths, there is something to fit any lifestyle. Ranging from 964 sq.ft. – 1,036 sq.ft, the suites offer two colour schemes to choose from, allowing buyers to find exactly what fits their style and tastes. Building features don’t run short at Terwillegar II. A spacious lobby with a contemporary design welcomes residents, and elevator service is available to all levels of the building. Keeping residents comfortable is an important feature in this Park Homes development – all hallways are humidity controlled with forced air heating
30 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
underlay and vertical blinds on exterior windows. With more than ten years of industry experience, Park Homes has built over 3,500 condominiums throughout the city. Their expertise is showcased in the quality of their product and satisfaction of their customers. Building attributes are excellent in South and air-conditioning. Plus, an accented suite entry Terwillegar II, and sets a Park Homes development apart feature ensures that quality within the building is al- from others. Each home presents impressive details ways kept at the highest standards. such as generously sized in-suite storage spaces, South Terwillegar II offers Californian style, open prewired internet and communication, energy efficient concept floor plans allowing for the optimal usage of triple thermal glazed windows and doors, and a heated space, and provides residents with a roomy kitchen and underground parkade. living area – perfect for entertaining! Large windows Suites are starting at $237,900 and are selling fast! create an airy feeling in the suites and tasteful base- With prices set to increase once first possessions are boards throughout the home add a refined feeling to taken in March, now is the perfect opportunity for conthe space. Each suite includes five appliances – a fridge dominium seekers to become residents of South Terwith glass shelves, self-clean range with ceramic cook- willegar II. Project Sales Manager, Michael Fraser, entop, over the range microwave, 5-cycle dishwasher, and courages new homebuyers to take advantage of their the added convenience of an in-suite washer and dryer. current special – a free upgrade to beautiful stainless Stunning solid quartz countertops are featured in the steel appliances! kitchen and bathrooms, with kitchen cabinets and bathroom vanities showcased in two designer wood ve- For more information on this exceptional development neer finishes. Each suite features a large balcony or pa- call Michael at 780.430.4721. Visit their designer show tio that is great for a summer get-together. High quality homes at 2102 -7343 South Terwillegar Drive, Suite finishes are presented throughout, including multi- 2102. Monday – Thursday from 3pm-8pm, Weekends paneled doors, 32 oz. plush carpet with comfortable 7lb and Holidays from 12pm-5pm. NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 31
WHY RENT WHEN YOU CAN
OWN?
Townhomes in Southwest Edmonton from only
$1,214 per month!
*
Beautiful two storey townhomes with two or three bedrooms. Plans up to 1284 square feet with double or tandem drive under garage. Includes deck, full landscaping, six appliances and extensive upgrades. Live maintenance free surrounded by parks, trails and minutes to amenities.
Visit the showhome at 1778 Cunningham Way SW Call Rohani at 780-690-1627 *Based on a home price of $273,161 with a 5% down payment and a 2.89% interest rate with an amortization of 25 years.
EDMONTON’S 2013 BUILDER OF THE YEAR 32
RohitCommunities.com
SOUTHWEST
Serene south
Abundance of easily accessible walking trails
facing lake views from ALL suites
Two Storey Storey Condo Condo Two prices from prices from
WALKOUTS WALKOUTS $349,000 $349,000
780.803.0888 Steel and concrete building info@signatureambleside.com Steps away from great shopping 5151 Windermere Blvd Private two car garage www.signatureambleside.com On-site amenities and concierge Sales Centre: Separate outdoor entrance with gated yard Mon-Fri: 2-6:30pm Sat: 12-5pm and best of all...maintenance free!
MOST INCREDIBLE VALUE IN EDMONTON! 2 bedrooms from:
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CONCRETE
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Stainless steel appliances Soft close wood cabinets Radiant in floor heating Free TELUS for one year! Granite countertops Ceramic tiles Move in today
ONLY 15 LEFT! Show Suite Mon-Thurs: 4-7pm Sat: 12-5pm
www.windermerewaters.com
SOUTHWEST
JUST RELEASED!
EDMONTON’S NEWEST BUNGALOW COMMUNITY
DECK
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MECHANICAL
BATH
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the newest line of charming stand alone and duplex bungalows to Callaghan. Spacious open concept living up to 2260 square feet with convenient living all on one floor, you’ll
ENSUITE
W
PRE-SELLING FROM $424,000!
STORAGE SHELVES
Basement
also find a finished basement to expand your entertainment needs! Located in Southwest Edmonton, live maintenance free with all your
GARAGE
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THE BERKLEY 2260 Square feet Main Floor
EDMONTON’S 2013 BUILDER OF THE YEAR 34
RohitCommunities.com
urban amenities just minutes away.
Contact Kevin at 780.862.1060
SOUTHWEST
TOWNHOMES
South Callaghan Estate
PHASE 1 SOLD OUT
PHASE 2
UNDER CONSTRUCTION
VICTORIAN STYLE 4 STOREY TOWNHOMES • 1449-1726 Sq ft • Hardwood, tile flooring & granite countertops • 3 bedrooms + den with 2 and a half bathrooms
• 2 car garage • Brick, stone & stucco exterior • Sprinkler system • Low monthly condo fees est $150
1621 Cunningham Way SW | Show Suite Coming Soon - by appointment only
www.SouthCallaghan.com | 780.200.0135 | 780.760.1590 LIKE US ON FACEBOOK: www.facebook.com/southcallaghan
WHAT IS THE RESIDENTIAL CONSTRUCTION INDUSTRY CONFERENCE?
The Residential Construction Industry Conference (RCIC) is an annual two day event hosted by the Canadian Home Builders Association – Edmonton Region. This year’s conference features a full industry tradeshow as well as over 50 concurrent educational sessions, workshops, and forums spanning a host of relevant industry topics. Delegates will enjoy a world class key note speaker and a variety of social and networking opportunities. Nearly every active homebuilder in the Capital Region attended last year’s conference, and even more are expected to participate this year! RCIC 2013 really is one event you do not want to miss out on. Whether you are a manager, an executive, a business owner, designer, foreman, salesperson, or trade, RCIC offers a unique opportunity for you to learn new strategies, enhance your networks, and keep up with what’s going on in the residential construction industry. From the latest word on upcoming trends in sustainability, sales, design, safety, leadership, construction and more, RCIC 2013 has it all! For more information please visit the website:
www.rcic.ca
Early Bird Registration is now open – don’t miss out! NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 35
finances
// by gail vaz-oxlade
creating the illusion of scarcity
O Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
ne of the reasons so many people are up to their eyeballs in debt is that they’ve had access to gobs of credit. Whether lenders threw a dozen credit cards at us, offered us big, fat lines of credit, or let us buy now and pay later, we’ve been living a life where we could have whatever we want whenever we want. It’s been a life of abundance. Then came the economic change. Creditors stopped throwing credit at every Tom, Dick and Mary regardless of their ability to actually pay back that credit. The government got into the swim creating legislation that said lenders couldn’t just raise a person’ credit limit without telling them – further exposing them to credit risk. And people started losing their jobs. The abundance of the previous years has turned to forced scarcity. Some people took steps to prepare for the worst and are holding on through the tough times. Others have found their debt loads too high and are headed to bankruptcy trustees to see what they can off-load. Still others are just drowning with no idea what to do next. I’m sad for all the people who can’t keep it together – people who are missing their rent or mortgage payments, falling behind on their car payments, pulling their kids out of their sports or other extra-curricular activities. While things were good and they were constantly being offered more and more credit, they never imagined there would ever be an end to
If you’re the kind of person who routinely spends every penny you make, maybe you need to implement the illusion of scarcity to keep yourself in check. continued on page 38… 36 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
SouthEastEdmonton North Saskatchewan River
106 Ave. 101 Ave.
BASELINE RD.
98 Ave.
90 Ave.
34 St.
d. rR pe Ro
86 St.
63 Ave.
50 St.
. Rd yll Arg
75 St.
83 St.
99 St.
76 Ave.
ood Park Fwy. Sherw
7
17 St.
Whyte - 82 Ave.
Whitemud Fwy.
Calgary Trail North
51 Ave.
38 Av e.
39 Ave.
6
66 St.
Millwoods Rd.
91 St.
34 Ave.
5
3 ELLERSLIE RD.
2 9 12 8 3 10
Map Listings
11
43 Ave.
30 St.
4
4 1 23 Ave.
5
11 9
13
12
1 Village on The Park
7 Urban Village On Whyte
by greenboro homes
by carrington communities
24 St. & Silverberry Rd.
7907 - 71 St.
2 Southwinds
8 Summerside pointe 2005 - 70 Street SW
by carrington communities
6084 - Stanton Dr. SW
9 Axio Summerside
3 Walker Lake Landing
by brookfield homes
by Carlisle Developments
Corner of Welsh Dr. & Watt Blvd SE 4 12th Street Station by jdl homes
7205 - 22nd Ave SW 10 Sandstone at Walker Lake Station by homes by avi
3751 – 12 Street
South of Ellerslie Rd. on 62 St.
5 elements at laurel crossing by carrington communities
11 Aspen Meadows
34 Street & 16 A Ave NW
by landmark urban living
6 Trails Of Millcreek estates by parkwood master builder
34 St. & 35A Ave.
43A Ave. & 23 St. 12 southern springs by park homes
655 Watt Blvd.
SOUTHEAST EDMONTON | Call Riley 780.756.0096
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $167 $167,900 900 6084 Stanton Drive SW (East on Ellerslie Road to 70 Street) NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 37
finances
continued…
their ability to have what they wanted. I’ve worked with more than a few people who are totally astounded at the place they are currently in. How could this happen? You probably know a body or two who are scratching their heads. I’m hoping the forced scarcity teaches an extremely important lesson about money: there may not be more money, and you better have some set aside just in case. It doesn’t take a world economic crisis to throw a body’s budget into a tailspin if you have no money saved. It only takes a few weeks off work with a sick child, a call to jury duty, or a cut-back in your hours at work to make a house of cards fall down. I wonder how many people will actually learn the lesson. I wonder how many people will go back to spending every cent they make as soon as the economy gets back on its feet. And I wonder if anyone has figured out that you can create your own sense of scarcity to keep you constantly on your toes when it comes to managing your money. Abundance has a way of permeating our very being and making us feel invulnerable. But we are all vulnerable, whether we want to accept that fact or not. And creating the illusion of scarcity may be what it takes to stay true to a sound financial plan. I’m not talking about creating such a sense of scarcity that you’re always whining about what you can’t do or can’t have. And I’m not suggesting you use the illusion of scarcity to cheap out on life. But if you’re the kind of creature who routinely spends every penny
I’m hoping forced scarcity teaches an extremely important lesson about money: there may not be more money, and you better have some set aside just in case.
you make, maybe you need to implement the illusion of scarcity to keep yourself in check. And maybe if you move your money where you can’t touch it, leaving yourself with less to “blow” on stuff, you’ll actually end up achieving some of those goals that have always been so elusive. how do you create the illusion of scarcity? well…
First, you make a budget that balances. You transfer all the money that must be used to pay your fixed and variable expenses to a “house” account, so you know those bills are covered and you can’t spend that money on stuff. Second, you set some goals you want to achieve. It may be paying down your mortgage annually, taking a fabulous family vacation, or going back to school. Third, you set up savings accounts for each of the goals you want to achieve, and have the money you want to saved moved automatically to those accounts so that money is out of sight. Now you only have money left in your first account that you can actually spend on all that stuff you so love to buy: coffee, lunches out, another tool, magazines, DVDs, more clothes… name your weakness here. For me it’s houseplants and books. When I look at the money in my account, because I’ve made most of it disappear to places I don’t look regularly, I’m more cautious about just how I blow what’s left. I prioritize. I consciously decide to spend (or not to spend) the money. I don’t feel like I have so much money I’ll never run out so I can just have this one little thing. And that’s the point of creating the illusion of scarcity: to recognize that money is an exhaustible resource so you better be sure your spending isn’t just a knee-jerk reaction to your sense of abundance.
38 new condo guide | Volume 21 issue 04 | NewCondoGuide.com
FULLY LOADED: $440 BI-WEEKLY*
ASPEN MEADOWS 5 - 935 Sq.Ft. (Birch I)
Each suite comes fully loaded with: • Granite counters and tile backsplash in the kitchen • Stainless steel kitchen appliances • 42” maple kitchen cabinets • Hardwood in the entry/kitchen/living room • Tile floors in the bathroom/laundry • In-suite washer and dryer
*Based on 5% down, 2.69%, 2 year term, at 25 years amortization (includes CMHC and GST). Subject to change.
40
For more information call
(780) 701-3085 VISIT OuR SHOW SuITE: #117, 2204 44 Avenue in southeast Edmonton Mon - Thurs: 3-8 pm Friday: Closed Sat, Sun & Holidays: 12-5 pm
H
southeAst
HEALTHY HOMES: $594 BI-WEEKLY*
INCLuDES DOuBLE DRIVE-uNDER GARAGE
Landmark’s approach to building has always been focussed on healthy families, and our stylish townhomes are no different. Our unwavering commitment to provide you and your family with health-inspired, energy-efficient upgrades will make your home cozy, comfortable and secure.
WINNER OF THE 2013 GLOBE AWARD FOR CORPORATE ENVIRONMENTAL EXCELLENCE
CLAREVIEW 780-902-8924 CHARLESWORTH 780-702-8311 LAKELAND RIDGE 780-702-7261**
MAGRATH 780-702-3120 LARCH PARK 780-702-3120 TAMARACK 780-702-8359
*Based on 5% down, 2.99%, 2 year term, at 25 years amortization (includes CMHC and GST). Subject to change. **Does not include double drive-under garage. NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 41
FIRST-TIME BUYERS
Saving tips for
FIRST-TIME HOMEBUYERS HOME OWNERSHIP IS a big dream for many young Canadians, and is likely the single biggest investment most of us will make in our lives. While saving for a down payment can be challenging, Farhaneh Haque, director of mortgage advice at TD Canada Trust, says that young Canadians can save for a down payment a little quicker by following a few simple rules. “First, examine your budget and set a savings goal,” says Haque. “Take advantage of online budgeting tools to gain insights into where you spend your money. Also remember that in addition to your down payment you will need to save for the additional costs involved with a home purchase, which include land transfer tax, moving costs and legal fees.” Next, curb your spending and increase your savings. “Even a small adjustment in your spending habits can go a long way toward helping you save a bigger down payment,” says Haque. “For example, consider using transit to get to work instead of driving and paying for parking – it can really add up over time.”
One of the most effective – yet overlooked – strategies is to put money aside before you can spend it. Haque suggests setting up a regular, pre-authorized transfer service that moves a specific amount from each pay cheque into a high interest savings account. Making savings automatic is a simple and effective way to stay disciplined while saving for a down payment. Finally, Haque reminds first-time homebuyers that they may be able to take advantage of the federal government’s Home Buyers’ Plan. “Those who have been actively saving for their retirement can access up to $25,000 from their RSPs to bump up their down payment when they purchase their first home. The RSP funds must be paid back within 15 years, so it is important to factor this repayment into your monthly budget.” For more advice on saving for a down payment, visit tdcanadatrust.com/ homeownership. NC
42
SherwoodPark Hwy. 16
8
ws eado ale M d k r 7 Cla . d Blvd n o o t l w r r e o Cha Way Summ
4
Bo th B
6
Jim Commo nD r. 9
Baseline Rd.
Beauvista Dr.
14
Wye Rd.
21
Sherwood Park Fwy.
.
Wye Rd.
Range Rd. 232
Map Listings
Range Rd. 233
14
Grana d d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
2 10 3
a
14X
Sherwood Dr.
Broadmoor Blvd.
5
ver Bar Rd. Clo
r1. ll D we el Dr. h et
1 Princeton court by Grande Design 301 Palisades Way
6 Evolve Lakeland Ridge by Rohit Communities 400 Churchill Crescent
2 Creekside Village in Summerwood by Qualico Living Summerwood Blvd. off Clover Bar Rd.
7 elements summerwood park by Rohit Communities 2 Sunterra Way
3 Element Lofts & Flats by Qualico Living 41 Summerwood Blvd. 4 Palisades estates townhomes by Cove Properties 401 Palisades Way. 5 Centre In The Park
by Christenson Communities
8 eton park villas
by Christenson Communities
Emerald Hills Aspen Trail & Eton Blvd.
9 Windsor park
by Abbey Lane Homes
271 Charlotte Way
10 estates at sunview lane by qualico living 41 Summerwood Blvd.
2021 Sherwood Dr.
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 43
Some Assembly Required
T
here’s a new trend in the home building industry that has some people scratching their heads and saying, “Huh?” What I’m talking about is the emergence of prefabrication into the normal stream of housing construction. Some forwardthinking homebuilders are prefabricating some, or nearly all, of their new homes in an indoor facility. This really isn’t anything new – the modular home industry has been doing this for years. The difference now is to what degree of industrialization the factory employs. Some companies are building the home in the conventional way, just indoors, and some are even using precision machinery to put the home together. There are several types of prefabrication, but two main ones – modular construction and panelization. Modular construction should be familiar to most Albertans. These are fully-assembled homes trucked to site in one or more pieces. We see these moving along our highways quite regularly. These are complete homes (for the most part) that just require placing onto a foundation. This method is less common in the urban areas as moving a home of this type down the street in a subdivision is difficult and exterior elevation possibilities are limited. The other method is panelization. The panelization method has come over from Europe where it has been used successfully for many years. In this system, walls, floors and roofs are assembled as components in the factory. The components are then taken to site and assembled into a house. This assembly process results in a home being erected in a few hours – as opposed to a site-built home being framed in weeks. There are a few homebuilders doing this now in Alberta, but many more will come in a short time. The level of completeness ranges from framed walls, to walls insulated with windows and doors in place, to complete closed-wall panels. Building a home indoors, away from the elements, makes sense. I cannot support the argument that a home built in -20°C with wind and snow is put together as well as a home built in a controlled +20°C. Furthermore, although some of our interior building components can take some exposure to weather, why would we want them to? The builders doing this also realize that they save time doing things this way and the customer receives their home earlier. Quality is usually higher in these products as well,
especially if the factory is mechanized. The new European machinery available now is incredibly precise in cutting (less than 1mm tolerance) and the assembly machines put walls together precisely the way they are supposed to – with no variance. It is also a good use of a worker’s day. In a factory environment one worker can be building several homes at the same time, being more efficient. There used to be a stigma around “pre-fab” construction. Many of these concerns were quite real. However, with new building codes and stricter quality assurance standards, these issues are long past. The consumer still has to be vigilant though, and look carefully at the offerings from both a traditional builder and a prefabrication builder. Make sure the quality is what you expect. Ask for references, both good and bad, and this will ensure you get a complete picture of what you are buying. And, most of all, remember that no matter which style of home you purchase, there’s still some assembly required.
DAVE TURNBULL
Product Development Manager Landmark Group
To everyone who enjoys energy bills: We’re sorry. 44 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
lvd .
Leduc
4 1
50 Ave.
48 St.
2
50 St.
Grant MacEwan Blvd.
High way 2
rt B Bridgepo
Telford Lake
3
Black Gold Dr. Black Gold Dr.
Dr. Park South
St. 50
Hig hw ay
MAP LISTINGS
1 LEDUC MANSION BY ROHIT COMMUNITIES
4141 - 98 Street
Rollyview Rd. 2A
5
2 THE SPRINGS AT BRIDGEPORT BY CHRISTENSON COMMUNITIES
102 Bridgeport Crossing
3 ROYAL WEST HOMES 81 Acacia Circle 4 SUNTREE POINTE BY DAYTONA HOMES MASTER BUILDER
5 THE RUSHES OF SOUTHFORK BY HUNTER RESIDENTIAL DEVELOPMENTS
401 Southfork Drive
133 -142 Selkirk Place
WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion. A great place to call home! POPULATION 15,000 and growing “Small city” living within minutes of “Big city” amenities LOCATED 20 kilometers south of Edmonton on Hwy. 2 SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems GROCERY Variety of shopping
RECREATIONAL FACILITIES Black Gold Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library MEDICAL FACILITIES Full Service Community Hospital and Full Ambulance service PARKS & PATHWAYS 27 parks including Telford Lake, Fred John’s Park & Lions campground
For more information contact The City of Leduc (780) 980-7177
Affordability
THE
ADVANTAGE!
by HUNTER RESIDENTIAL DEVELOPMENTS
1100+ sq ft New Townhomes 2 bedroom, 2 bathroom from $199,900
To book a viewing of the new show suites please contact Heather at 780-884-8111 EMAIL info@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca
NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 45
tax time
// by Jenn killins
working Tax tips for the from home: self-employed
T
Jenn Killins is a financial planning expert, speaker, media personality and author of the best-selling finance book, Finding the G Spot, a sassy, sensible, entertaining approach to finance. Jenn has a creative way of keeping finance simple. Follow Jenn on Twitter @ findingtheGSpot, and for more information, visit dollarsandsense.info.
hey say two things in life are certain: death and taxes. How we are going to die and how much tax we pay are both grey areas and, for the most part, out of our control. But let’s leave the Grim Reaper in the graveyard for now. Believe it or not, I have some good news on the tax front! And no, I’m not running for office... Taxes are not only a sure thing, they are also scary, boring and intimidating for most. Don’t let this tax season scare you or get you down. If you work from home, here’s some great news: it is no longer just the starving artist who can benefit from working from home. There is a way you can give yourself a little raise. Self-employed and commissioned income earners, get ready to Google the following forms to see what tax breaks you are eligible for.
Don’t let all these fancy forms and terms scare you. Do a bit of homework and take it to a professional if you’re not sure or just plain can’t stand the idea of doing your own taxes. » T2125 – Calculation of business use of home expenses This one will guide the self-employed Canadian to deductions at home such as heat, electricity, insurance, maintenance, mortgage interest and property taxes. The rule of thumb is if you need to spend it to make money at home, you can more than likely deduct it. Some larger repairs may have a capital cost eliminate to them. This form will give you details on this and other deductions you are entitled to if you’re self-employed. » T777 – Statement of employment expenses This form is for the employee who works from home. It is important to know that it doesn’t matter if you only work from home part of the time – you are still eligible to claim a portion of the time you do work from home. Employees are eligible to claim items such as heat, electricity, general repairs, condo fees, Internet and work phone. The only expenses you can’t claim as an employee versus self-employed are mortgage interest and property taxes. An exception is made for commission employees. As an employee, you must have your employer fill out a T2200. This form tells Revenue Canada what the employer’s expectations are for work and expenses from themselves and from yourself as the employee. continued on page 48…
46 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
7 Min. to Edmonton
Beaumont 1
Coloniale Way
Rue Montalet
2
44 St.
50 St.
57 St.
55 Ave. 52 Ave.
50 Ave. 3
60 St.
43 Ave.
30 Ave. Hwy 625
Homes Map Listings 1 Coventry 50 Ave. & 57 St.
(Nisku Rd.)
2 The Village at Beaumont 89 Rue Monette
3 Goudreau Heights by Christenson Communities
4900 - 62 St.
Welcome to Beaumont Come visit us and discover why “Life Is Better In Beaumont” Population Approximately 8,361 Located 2 miles South of Edmonton on 50 Street Schools 5 Schools from Kindergarten to Grade 12, French Immersion offered in all GrocerY Sobey’s & Extra Foods
Recreational Facilities Beaumont Regional Activities Centre and numerous outdoor facilities Medical Facilities 10 minutes to Grey Nuns Hospital, seved by Edmonton Ambulance Parks & Pathways Approximately 170 acres of parkland and 6 kilometers of inter-connected walkways
For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 47
tax time
continued…
There are so many financial benefits to working from home. You’re already paying most of these expenses anyway, and the fact that you can claim a portion is a great benefit.
» General facts about home deductions The amount of the deduction is calculated based on the amount of space you use in your home for income. Let’s say you have 10 rooms in your home and two are used for work. The pro-rated amount is based on the percentage of the home used for work. In this case, 20 per cent. So, if your deduction total is $10,000 x 20 per cent, it’s a $2,000 deduction off your income for you! It’s important to know that the deduction only applies to income.
If this is the first you are hearing of this but have been working from home for quite some time, don’t fret – you are able to go back to previous years and do a T1 adjustment to make a claim for the years you missed the boat! Keep your receipts. If Revenue Canada comes calling, you want to make sure you can prove your expenses that have been claimed. And finally, don’t let all these fancy forms and terms scare you. Do a bit of homework and take it to a professional if you’re not sure or just plain can’t stand the idea of doing your own taxes. When in doubt, ask if you’re eligible to claim the deduction. Don’t assume if you don’t know. The money spent for good advice will pay off. There are so many financial benefits to working from home. You’re already paying most of these expenses anyway, and the fact that you can claim a portion is a great benefit. Let’s not forget the personal benefits. Nothing is better than working from home in your pajamas. I used to do that all the time. Not as much anymore… darn Skype! It’s not always about working harder. There’s something to be said for working smarter. So sharpen the pencils, Google it up and give yourself that much-deserved raise!
48 new condo guide | Volume 21 issue 04 | NewCondoGuide.com
NorthEastEdmonton
ve. 137 A
Rd .
137 Ave.
Fo rt
132 Ave.
129 Ave.
120 Ave. 95 St.
118 Ave.
58 St.
122 Ave.
121 Ave.
. Ave d. 112 Blv Ada
CAPILANO BRIDGE
Map Listings
1 Mirra by park homes
70-8318 180 Ave. 2 Shorewinds Condominiums
3 station pointe by BCM Homes 403 Belvedere Way 4 H ollick KENYON POINTE 5005 - 165 Avenue 5 Brintnell Summit by qualico living 445 Brintnell Blvd NW
22 St.
104 Ave. North Saskatchewan River
6 l andra gardens 16004 - 54 Street 7 The Avenue at Hermitage
by Carrington Communities
by Carrington Communities
6070 Schonsee Way NW
7 11 Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.
3
127 Ave.
20 St.
50 St.
144
151 Ave.
. Ave
34 St.
87 St.
144 Av e.
5
Victoria Tr.
8 4 16712Ave. 6 10 66 St.
82 St.
97 St.
. 160 Ave . Ave 153
2
M Fo ANNIN GF rt WY. Rd . 34 St.
195 Ave. 91 St.1 9
1188 Hyndman Road
8 air harbour/altitude by Royal West Homes 175 McConachie Dr.
11 e lements at hermitage by Carrington Communities
Hyndman Crescent 12 e lements at mcconachie by Carlisle group
167 Ave. & 53 Street
9 l akeview terrace 179 Ave, east of 87 St. 10 h ollick kenyon estates 16235 - 51 Street
NORTHEAST EDMONTON | Call Craig 780.473.9143
elementsbycarrington.ca Please see our ad between pages 18 and 19
CONDOS FROM THE $130’S 1180 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 49
NORTHEAST
ADULT BUNGALOW COMMUNITY • Ceramic tile & hardwood • Gourmet kitchen with pantry • Full appliance package • Fireplace • Window coverings • Central vacuum • Deck & landscaping • Hardie board exterior finish • Maintenance free living
GREAT PURCHASE INCENTIVES FOR THE MONTH OF APRIL! OUR NEW SHOWHOME OPENS APRIL 20TH SO IT’S YOUR LAST CHANCE TO CHECK OUT OUR CURRENT ONE!
587.521.4009
www.airharbour.ca Open Mon-Thurs 2-8pm, Sat-Sun 12-5pm 175 McConachie Drive For more information contact: Joe Silvaggio 74_Built Green(20/6)
Everybody loves our units; find out why...
Select units come with 2 titled underground parking stalls... while quantities last
• $242,000 to $339,000 • 2 Bedroom/2 Bathroom Condos • Underground Parking www.welcomehomes.ca condoinfo@welcomehomes.ca sales line 780-243-1727
50 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
• Granite Kitchen Counters • Stainless Steel Appliance Package
16235-51 Street Monday-Thursday 3-8 pm Saturday-Sunday 12-5 pm
northeast
NORTHEAST
STYLISH TWO-STOREY TOWNHOMES Starting from the $260’s!
VISIT OUR BEAUTIFUL NEW SHOWHOMES
JOIN US FOR THE GRAND OPENING CELEBRATION ON APRIL 20! Come visit us during regular showhome hours too!
GREAT PURCHASE INCENTIVES SOAR TO NEW HEIGHTS WITH EXCEPTIONAL STANDARD FEATURES AT AMAZING PRICES HARDWOOD & CERAMIC TILE | FIREPLACE | FULL APPLIANCE PACKAGE
780.466.4099
|
altitudeliving.ca
For more information contact: Nina Flora Altitude located at: 450 McConachie Way | Mon-Thurs 2-8pm, Sat-Sun 12-5pm 52 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
ALBERTA’S TOP SELLING CONDO BUILDER
“son, it’s time for yoU to moVe oUt. this down payment is peanUts.”
two bedrooms from
$120’s why rent when you can own with Payments from
$
245 bi-weekly*
you Qualify with a household income of $32,300 ASK ABOUT OUR EASY PAYMENT PLAN Prices shown do not include GST and are subject to change without notice. *Ask for details, based OAC. Rendering shown is an artist concept only, actual building details may vary.
Upgrade to granite CoUntertops throUghoUt for only $795. (ValUed at oVer $2200)
ANTH ONY HEND AY DR
55 ST
97 ST 167 AVE
MANN ING D R
McCONACHIE DR
153 AVE
Sales Centre Hours: Mon.-Thurs. 2-7 pm Sat. & Sun. 12-5 pm Closed Fridays
780.977.0616
SALES LAUNCH EVENT APRIL 20 BY INVITATION ONLY Register at elementscondos.ca COVERED with CARE www.blanketltd.ca
for quick possessions visit www.carlislegroup.ca
THE ECONOMY
Canadian economic
GROWTH TO IMPROVE IN 2013: CIBC WHILE CANADA’S ECONOMY LIMPED TO A CLOSE LAST YEAR,
it is not a sign of worse things to come in 2013, although growth will continue to be lacklustre for some time, according to a new report from CIBC World Markets Inc. “Any time growth slows to a crawl, one has to worry that it wouldn’t take much to push the economy over the edge,” says Avery Shenfeld, chief economist at CIBC. “Based on admittedly slim evidence, there are reasons to believe that Q1 growth will be better.” He points out that while employment dropped in January, hours worked are up. He also notes that auto sales look like they’ve rebounded – generally a signal of consumer confidence – and that the resolution of energy sector disruptions has resulted in an increase in oil exports to the United States through mid-February. “So it looks like, in terms of quarterly GDP, Q4 could end up being the storm before the calm, with an improved pace ahead,” says Shenfeld. However, he warns that challenges domestically and
globally will result in only tepid improvement. CIBC’s forecast sees the economy tracking only a 1.7 per cent growth rate in 2013, a pace that will see the unemployment rate drift higher. Shenfeld believes that the weak close to 2012 and the modest rebound ahead will keep the Bank of Canada from raising rates until third quarter of 2014, two quarters later than previously forecast. The delay in raising rates will also result in the Canadian dollar remaining below parity with the U.S. dollar until the second quarter of 2014. “Instead of smoothly passing the growth baton from governments and households to business spending and exports, there’s been a fumble,” he says. “Housing has slowed, as has consumer borrowing, and governments face pressures to tighten belts. But businesses aren’t opening their wallets.” While many had forecast business investment to pick up the slack in the Canadian economy, weak global growth has been holding back capital spending. The report examined the issue of whether Corporate Canada was sitting on an excess pile of cash that it should be spending on new projects. “There is no real evidence from a macroeconomic perspective that corporations are indeed sitting on excess cash,” say CIBC economists Benjamin Tal and Peter Buchanan. In fact, “corporations are holding cash levels that are consistent with a trend we have seen for more than two decades.” They note that, in nominal terms, in real terms or as a share of assets, the near $600 billion of cash holdings by non-financial corporations in Canada is at record or near-record highs. However they point out that all the increase in cash since the beginning of the recession can be fully explained by growth in GDP. In real terms, and as a share of GDP and corporate assets, cash holdings by corporations are now only back to their pre-recession levels. While businesses have increased the share of assets they hold in cash, their relative cash position has been offset by a decline in other current assets – namely inventories and accounts receivables. Tal and Buchanan found that the higher level of cash holdings has not come at the expense of capital spending, which at 20 per cent of GDP, is not only more than three points above its long-term average share, it is also near a record high.
54 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
28
53 Avenue
51 S tree t
Stu rg eo n
Ri ve r
y wa gh i H
1
50 A venu e
Highway 28A Edmonton
Gibbons
point Map Listings 1 riverside 4922 - 52 Street
Welcome to GIBBONS Our community places great pride on being a safe and friendly place in which to raise families and enjoy an outstanding quality of life Gibbons-“Living at its Best”.
Population 2848 and growing Located The Town of Gibbons is strategically located at the junction of Highway 28 and 28A along the banks of the Sturgeon River, only minutes from Alberta’s Industrial Heartland in Sturgeon County. Schools Landing Trail School (Kindergarten to grade four) and Gibbons School (grades five to nine). High School students are bussed to Sturgeon Composite High or Redwater High Schools. Grocery One grocery store and two convenience stores
Recreational Activities Gibbons arena, curling rink, community hall, Goose Hummock golf course, campgrounds and much more Medical Facilities Two medical clinics, a dental office, laboratory, chiropractic centre, massage therapy, and a Capital Health Unit. Three hospitals are available within 15 miles of Gibbons. Parks & Pathways Gibbons hosts ten park areas, including seven playgrounds, two passive parks, and a sports grounds area.
For more information, please visit www.gibbons.ca
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 55
around the house
// by Scott McGillivray
kitchen ROI A
fantastic kitchen is one of the most effective ways to up the value of your home. There are lots of quick and easy ways to upgrade your kitchen that don’t have to cost the bank. » Paint will give you the biggest bang for your buck. Choose an eggshell finish for the walls and if you decide to paint cupboards prep them by sanding before applying a suitable kitchen cupboard paint. » Changing the hardware is one of the easiest and most inexpensive things you can do to update your kitchen and give it a more modern look. Take one of the old knobs to the store with you and replace the old ones with new ones of the same size. » Counters can really date a place and because they are a working surface can show their age – replacing a counter is a modest investment that makes a great impression on the overall appeal and function of the space. » New appliances can be a bit of an investment up front but can pay off in the long run with greater energy efficiency, which will mean lower hydro bills and a modern sleek look. » Changing the light fixtures and the faucets are two other ways to easily transform your kitchen.
These are all inexpensive do-ityourself ways to increase the value of your space and get a great return on investment.
Scott McGillivray is host of television’s Income Property airing Mondays at 9 p.m. ET/PT on HGTV
MAINTENANCE FREE
1, 2, & 2 BeDRooM+DEN CONDOS
• Starting from $239,000 including GST • Adult building (18+) • Heated underground parkade & storage plus one optional parking stall • 9ft. ceilings
• Seven appliances
• Monitored entrance
• In-suite laundry • Large balconies
• Elevator to all levels
• Ravine views
4922-52 Street, Gibbons, Alberta | 780.445.4658 or 780.923.2333
www.riversidepoint.ca 56 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
FortSaskatchewan ER AT S DWBON E R IB G
ES UT ON IN ONT M 7 DM E TO
1
1
BR 17 K UD M ER TO HE IM
Hig hw ay
St. 101
t. 82 S
Westpark Drive
e. ve. Av 95A A 94 We stp ark 84 St. Wo Blv od d. Clo sme se re 1
15
ve. 97 A
15
t. 2S
e. Av 99
ay hw Hig
r ive nR a ew tch ska a S rth No e. Av 99
21 K 2 ay hw PAR Hig OD N. O O ERW NT SH MO TES TO & ED MINU 10
Wilshire Blvd.
MAP LISTINGS
1 WALNUT GROVE BY DYNASTY BUILDERS
#85 - 15 Woodsmere Cl.
2 SOUTHFORT BEND 8802 - Southfort Dr.
WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community. “Move in Next Door... Neighborly Fort Saskatchewan”.
POPULATION Over 14,700 LOCATED Adjacent to the northeast boundary of the provincial capital, the City of Edmonton & 30 km from downtown Edmonton SCHOOLS 6 Public Schools, 3 Separate Schools, 1 Christian School GROCERY Sobey’s Station Square, Canada Safeway,
Extra Foods, Garden Market IGA RECREATIONAL FACILITIES Dow Centennial Centre, Tennis courts, campground, golf courses, bowling lanes, baseball diamonds, indoor pool, outdoor ice rinks (2), curling rinking, indoor soccer, gymnasium, fitness centre
MEDICAL FACILITIES Hospital, local ambulance, 5 medical clinics PARKS & PATHWAYS 360 hectares of park/ recreational/natural land with 29 km of paved trails for walking, running, biking, rollerblading & cross-country skiing
For more information contact Tanya Stillborn (780) 992-6408 or visit our website at www.fortsask.ca or e-mail: tstillborn@fortsask.ca
STATION POINTE VILLAGE NOW PRE-SELLING - FROM $199,900 1 Bdrm + den | 2 Bdrm, 2 full bath | 3 Bdrm, 2 full bath
INCREDIBLE VALUE
• 10 to 12 minutes to Fort Sask refinery row • 1 block to LRT • Also close to stores & amenities • Great location and on site retail available
www.stationpointe.com | 780-490-6008 | myhome@stationpointe.com NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 57
Morinville 1
Map Listings
1 Maple Brooke Villas by Dynasty Builders
Unit 44, 9511 - 102 Avenue
Welcome to Morinville Located within a short drive from Edmonton, CFB Edmonton and St. Albert, Morinville offers residents the dual benefits of abundant amenities blended with small town values and community support. Spring 2011 will see the town celebrate the completion of the new Community Cultural Centre, the new focal point for the community. Population 7,600 Located Highway 2, 18 minutes north of Edmonton, 8 minutes north of St. Albert, 15 minutes from CFB Edmonton Schools Two elementary schools, one junior high and high-tech high school. French immersion is offered at elementary/junior high levels. Morinville is also home to Sturgeon Learning Centre and Morinville
Christian School GrocerY Sobeys, nofrills Recreational Facilities Hockey/curling rinks, ball diamonds, soccer fields, tennis court, walking trail system, 18 hole golf course, extreme sports park and splash park Medical Facilities Two clinics and full ambulance service
For more information contact Town Office (780) 939-4361
58 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
St.Albert
Map Listings
1 North Ridge Place
St. Albert Trail & Ridge Drive
ED
M
ON
TO N
Developed by McLeod Project Marketing
25 North Star Close by Christenson Communities
TO
tT r.
167 Ave.
3 Tenor on the river
by Grande Design
2 Citadel Village
Keil lor Dr.
Rd .
St. Al be r
Boudreau Rd. Campbell Rd.
Sturg eon Rd .
Dr. ins k t A
156 St.
Av e.
G 170 St. ervai s
184 St.
Levasseur Rd.
e. Poirier Av
Rd .
He be rt
to ns Wi r i S
er Riv
ud re au
e. Av ill h c r hu nC
3
Ga te
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Ave. ny cKen
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r lle Be
ert . St. Alb
1
G
Erin Ridge Drive
TO MORINVILLE
35 Sturgeon Road 4 V illage on Perron 5 Perron Street
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 59
Style file
The Power of Colour
The colours you choose can dictate the feel of your home – and your mood // by yanic simard // Photos by Brandon Barre
Colour is a multi-billion-dollar industry. It is also the most powerful aspect in the design world. It can change the way you’re feeling, stimulate thought, increase your appetite – it’s really quite phenomenal. You’re drawn to colours that you like when you’re shopping for clothing because you know you’ll feel good when you’re wearing them, and the same thing goes for interiors. Statistics continued on page 62…
STALBERT
Live
where you can
touch St.Albert
Priced from the $220s – $440s! TenorontheRiver.ca Call 780.993.7647 or visit us during our Show Suite Hours: Mon & Wed 10 - 2 PM • Tues & Thurs 4 - 8 PM • Sat & Sun 12 - 4 PM
NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 61
Style file
continued…
show that most people spend about 90 per cent of their time inside, a large portion of which is in their own home. If you live with colours that make you feel good, it will make for a better quality of life. Deciding which direction to take in terms of colour is where many people tend to panic. My advice is to look through several magazines, tear out the pages that have elements you like, put them all in a folder and, once you have at least 20 different style images, analyze the colours that appear most often. This is a great way to get inspired and decide on colours for your own space. Paint Particulars
I am very particular about colour selection and when I design a space, I like to keep the walls through any open areas in a consistent hue. My entire place is painted in Benjamin Moore’s OC-23, Classic Grey. It’s a very soothing colour that really adapts to the other colours around it – like a chameleon. It’s a nice hue to wake up to in the morning and to fall asleep to at night. The tone of it varies throughout the day with the amount of light; it’s brighter in the day and much richer in the evening. When you’re choosing your paint colour, remember: it’s just paint. It’s not permanent and can be easily changed if you’re not happy with it. People always forget that you can get sample cans from the paint store. Pick up a maximum of three different testers that you like, paint sections of each on different walls
(or paint large sheets of white Bristol board and stick them up), and live with them for a few days. (If you give yourself more than three options, trust me, you’ll never decide). Then narrow it down to your favourite two, and then finally pick the one. Get Used to It
Choosing a colour pallete should never be an impulsive decision; you should take time deciding so you know you’ll be comfortable with it. Once you finally do paint the walls, you might still wonder if you selected the right colour. However, keep in mind that you have to give yourself the chance to live with it. Big changes take time to adapt to. For instance, if you’re going from burgundy to off-white you can’t expect to get used to it within the first few hours. No-commitment Pieces
Pillows, accessories and other accent pieces give you the chance to have fun with colour, since they’re ‘non-committal.’ I’ve used hints of blue and green throughout my interior. It’s nice to have your entire residence consistent in terms of colour because then you can move pieces from one room to the next and you’ll never have to worry about making sure it coordinates. Just remember that choosing colours for your home won’t happen overnight. It’s a process that starts with getting inspired; the rest will fall into place. It should be fun, not painful. And if you find that you really can’t do it on your own, it’s probably time to hire a good designer to do it for you.
62 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
Yanic Simard Yanic is the design editor of New Condo Guide and principal designer of Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine and the Toronto Star. Visit tidg.ca
NorthWestEdmonton City Boundary
127 St.
162 A ve
7 132 Ave.
An th
on y
l rai rt T
127 Ave.
ail d Tr
124 St.
142 St.
149 St.
. Rd eld yfi
Kin
gsw
ay
s . es ve nc A Pri beth a Eliz
Ave .
111 Ave.
Ma
178 St.
184 St.
170 St.
199 St. 215 St.
156 St.
a whe 118 Ave.
o Yell
109 St.
He
lbe
11
135 St.
A St.
Dr
137 Ave.
nd ay
142 Ave.
13
97 St.
121 St. 113A St.
150 Ave.
.
15 153 Ave. 6 8 1 10 4
148 Ave.
Campbell Rd.
2 14 167 Ave. 5 3 9 153 Ave.
12 176 Ave. Castle Downs Rd.
Stony Plain Rd.
Map Listings
1 Coventry Homes Castle Downs Rd. & McCrae Ave. 2 albany trails by footprint developments
1385 & 167 Ave. 3 Carlton villas on the lake
7 Bellwether Park 132 Ave. & 132 St. 8 victory park by Abbey Lane Homes
Pegasus Blvd & Sir Arthur Curry Way 9 The Silhouette at Carlton
by CeJay Ventures
by Cassel Communities
13808 - 155 Ave.
15503 - 139 St.
4 Victory Lane
10 Mccrae estates
by Abbey Lane Homes
by Christenson Communities
2510 Pegasus Blvd.
4450 McCrae Ave.
5 upper carlton by reid built Homes 13838 - 166th Avenue
11 village at trumpeter
6 Victory Point
12 legacy pointe
by Abbey Lane Homes
97 St. & 137 Ave.
13 starling at big lake by Rohit Communities
137 Ave & Ray Gibbons Dr. 14 elements at albany by carrington
167 Ave & Albany Way 15 edgewater at griesbach by footprint developments
Pegasus Blvd. & Frezenburg Ave.
by Rohit Communities
2055 Trumpeter Way NW by concept homes master builder
18230 - 104A Street
NORTHWEST EDMONTON | Call Eva 587.520.3372
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $184,900 167 AVENUE & ALBANY WAY (South of the Henday, South on 127 St) NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 63
NoRTHweST
new showhome oPen
albany trails a townhome with a real Double attacheD GaraGe
W
ords like modern, stylish & even a little bit sexy come to mind as you enter the Albany Trails Townhomes. Granite countertops, large windows and a glass tile backsplash in the kitchen give the space a sleek, urban feeling while features like the large rear deck and oversize double attached garage deliver what suburban buyers are looking for. Innovative finishes like glass walls instead of the usual spindle stair railings allow light to flow throughout the home. Adjacent from a community pond, these townhomes are located in the exciting new community of Albany. Albany is perched on the edge of northwest Edmonton, at 138 Street and 167 Avenuet. Just a stone’s throw away from St Albert, Albany Trails offers incredible value for residents. Easily accessible and close to many amenities,
64 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
these townhomes are the exactly what northwest Edmonton has been waiting for. Perfectly sized at 1536 square feet, these homes have been specifically designed to maximize the floor space. The open concept design allows one room to flow into another, giving the overall impression of a much larger home. A spacious gourmet style kitchen with a convenient eating bar is ideal for active families or professional couples with hectic lifestyles while the dining nook is the perfect spot for family meals or a party. The great room features plenty of room for a luxurious flat screen TV, an oversize window and has lots of room for entertaining. A well-placed half bath is very convenient for both residents and guests. Upstairs, three generous bedrooms offer fantastic space for children or make excellent offices or hobby rooms. The master suite is a great size and comes with a large walk in
closet and four-piece ensuite. Another four-piece bathroom completes this level. The lower level of the home contains the laundry room, storage room and oversize double garage. Many valuable upgraded features of these homes include five appliances, an oversized deck and full landscaping of both front and back yards. The extra deep double attached rear garage has additional storage for the kids stuff or recreational equipment. Albany Trails Townhomes have been planned and constructed by Footprint Developments. This company specializes in creating greater Edmonton’s most value rich townhome communities. Very popular with today’s buyers, their first development, Terwillegar Corners, sold out in just months. Albany Trails Townhomes are master crafted and come complete with valuable, upgraded features and
finishes. Only 46 townhomes are available in this private enclave, so don’t wait to reserve yours! Priced from the $280’s these homes are definitely northwest Edmonton’s most exciting new home opportunity. For more information about Albany Trails Townhomes, please call Christine 780.862.8708 or visit their show home at the ultra successful MacTaggart Ridge. They are located on Mullen Way in MacTaggart in southwest Edmonton. Check out www.albanytrails.ca
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 65
northwest
Phone the show homes at 780-414-1662
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66 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
213 St.
WestEdmonton Yellowhead Trail
124 St.
2
7 159 St.
87 Ave.
WHITEMUD FWY.
QUESNELL BRIDGE
6
199 St.
69 Ave.
10
Callingwood Rd.
4 5
Map Listings
North Saskatchewan River
1 T he Californian Parkland by Abbey Lane Homes 2035 Grantham Court
5
2 jasper gates by beljan development
10144 - 150 Street 3 Suder Greens 92A Avenue & 206 Street by Boss Developments
4 south hamptons by Park homes 1520 Hammond Gate
GROAT BRIDGE
142 St.
163 St.
170 St. 175 St.
8 1
102 Ave.
9
149 St.
156 St.
178 St.
Stony Plain Rd. 100 Ave. 95 Ave.
182 St.
3
ANTHONY HENDAY
Stony Plain Rd.
107 Ave.
a en d. Bu ta R Vis
Winterburn Road (215 St.)
Ma yfie ld
Rd .
111 Ave.
Village at the Hamptons 199 St, South of Hamptons Rd.
10 elements hamptons by rohit communities 1753 Hammond Cres NW
6 Glastonbury Mews & Estates 1589 Glastonbury Blvd 7 The Vanier
by Qualico Living
9820 165 Street
9 glenora skyline 10220 - 140 Street
8 v ip at californian parkland by abbey lane Homes 2035 Granthan Court
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 67
JOIN THE MOVEMENT
Beautiful Living Space
Tel: 780 930 1518 Cell: 780 445 4248 2035 Grantham Court
Two stylish show suites how wonderful your future could be. VIP has nine suite layouts featuring traditional or modern design. There are 1, 1+den and 2 bedroom orientations from 707 sq.ft. to 1,200 sq.ft. Fourth floor suites have towering ceilings from 9’ to 13’ and great downtown views.
For full details or development information visit
N
a rdia n Rd.
Anthony Henday Dr.
VIP’s private fitness centre and yoga studio, games area and party room create the perfect environment for healthy and social living. Convenient underground parking and 24/7 security access delivers greater peace of mind when arriving at, or lounging around, your home.
Gu
199 St. NW
Nestled in a private west Edmonton enclave, steps from parks, paths, stores, coffee shops, deli’s, and daily services, this urban oasis lets people enjoy more fun, convenience and comfort. There’s no yard work, snow removal, exterior maintenance, but there is a lot more golf, socializing, travelling and shopping with family or friends. It’s the perfect lifestyle reward wrapped in a beautifully appointed home.
Whitemud Dr. NW Grantham Ct
Be part of the movement to a better life by having more “we” time. That’s time doing what you want, when you want, with someone you enjoy, while others take care of your home. It’s a movement that’s alive and well at VIP.
Follow Guardian Road
Mon-Thur: 1 pm to 7 pm Sat, Sun & Hol: 1 pm to 5 pm Closed Fridays
Left on Grantham Court
Like us on
www.vipliving.ca 69
WEST
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304,900+GST
$
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140 ST
70 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
FAX: 780 809 0608 TOLL FREE: 1 855 295 6607
142 ST NW
GLENORASKYLINE.COM 10220 - 140 ST NW EDMONTON, ALBERTA T5N 2L4 PHONE: 780 809 0606
S TO STONY PLAIN RD NW
NY P
L AIN
RD N
W
102 AVE NW
SpruceGrove 3 1 4
3
2
1
2
Map Listings
1 Stoneshire Villas
2 Windsor Estates
by Lang Built Homes
by Qualico Living
Lincoln Cove off of Longview Drive
511 Queen Street
3 Century Gates 5 Minutes North of Spruce Grove on Century Road (Rge. Rd. 272)
Stoneshire Villas by Lang Built Homes
Lincoln Cove off of Longview Drive
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 71
sprucegrove
MAINTENANCE FREE
Adult Villas
Retire the snow shovel and lawn mower. A lifestyle you deserve.
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72 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
To Highway 16
StonyPlain Highway 16A, To Edmonton
47 Ave. 48 St.
50 St.
52 Ave.
South Park Dr.
44 Ave.
Golf Course Rd.
1
46 St.
To Jasper
Fairway Dr. 55 Ave. Oatway Dr. 3 2
79 Ave.
Map Listings
1 barth & gosset manor by jaffer developments
Main St - 5211 50th St
2 westerra manor Golf Course Rd & 79 Avenue
3 willows end by jaffer developments
48 Street & Willow Park Rd
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 73
hot topic
Construction Discussion:
Wood vs. Steel and Concrete // by Alana Cheyne There are so many factors involved in the decision to buy a condo,
from location to layout. And let’s not forget the very bones of the issue— the debate between wood construction and steel and concrete construction. Which is the better choice? It turns out there are benefits either way, depending on the homebuyer’s unique needs.
Steel and Concrete “The main benefit to steel and concrete is that it’s non-combustible,” says Bruno Mastroprimiano of Abbey Lane Homes. Concrete’s dense mass is inherently fire-resistant, providing strong resistance to fire-related damages. Concrete also protects its inhabitants from potential problems like weather damage and unwanted insects and critters. And let’s not forget that other prevalent issue in multi-family dwellings — noise. From outside traffic to a neighbour’s blaring music, steel and concrete provide the natural soundproofing that is so important to condo owners. According to Richie Lam of Westrich Pacific, these desirable features explain why concrete and steel are perceived as luxury materials — more so than wood. Of course, you can’t get luxury without extra cost, and these condos are certainly more expensive to buy.
74 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
But Lam points out that they’re a wise investment, partly because there are relatively few in the area. “For every 50 wood-framed buildings, there’s maybe one concrete building,” he says. “There’s just so few in Edmonton.” Yet the demand is there — a group of buyers who prefer this type of construction and are willing to pay for it. For that reason, he says, steel and concrete condos will always retain a strong real estate value. Nic Iozzo of Station Pointe adds that other expenses can be regained, too. “The building doesn’t wear out as much, so it doesn’t need as much refurbishing or maintenance,” he says. “And you don’t have mould issues, you don’t have issues with rot.” Condo fees are generally cheaper, too, as well as insurance payments. “From an insurance perspective, you save on the construction process, on the liability insurance of the unit,
precaution,” he adds. Also, condos in general adhere to very strict building codes and bylaws, ensuring that sprinklers, fire extinguishers, and fire escapes and alarms are accessible and in optimal working order. And while wood doesn’t possess the same natural soundproofing as concrete, quality builders do their and on homeowner’s insurance,” Iozzo says. best to solve that issue, too. “There When it comes to environmental concerns, either are a myriad of new products form of construction presents both advantages and coming out these days for sound,” disadvantages. Using concrete and steel avoids the cutting Turnbull says. These products can down of trees and the resulting habitat disruption. And help diminish both ambient sounds, while the manufacturing of these materials does consume like a neighbour’s television, as well fossil fuel energy, a non-renewable resource, a good as more impact-based sounds, like portion of steel studs use recycled metals. Furthermore, footsteps tapping overhead. steel and concrete buildings tend to have a longer lifespan, From an environmental meaning less manufacturing in the long run. standpoint, some buyers feel concerned about tree-cutting. Wood But as Mastroprimiano points out, The greatest benefit to buying a wood-framed condo is cost. “Wood grows. It can be replaced.” “It’s probably the most cost-effective way to build,” says Indeed, wood is a renewable Dave Turnbull of Landmark Group, resulting in greater resource — as long as it’s affordability for the buyer. Steel and concrete condos responsibly sourced. And because simply aren’t an economical choice for every buyer. it’s so accessible, its manufacturing and processing don’t consume as Wood construction is so cost-effective that longmuch fossil-fuel energy, possibly standing legislation limiting wood-framed structures to four storeys may soon be changing — to a new limit of six lowering the carbon footprint of a storeys. According to Turnbull, a six-storey building project in the short-term. So what is one to do? could save as much as 25 per cent by using wood rather “Both products are very good,” than steel and concrete. In order to accommodate an says Mastroprimiano. “Both have increasingly dense population, builders are aiming up, advantages and disadvantages. It and “wood became the most affordable way to do this,” depends what the homebuyer’s he says. Quite simply, wood provides more affordable needs are.” housing for Edmonton buyers. Once those needs are “There’s also a certain amount of flexibility you can determined, there’s still one get with wood in terms of design,” Turnbull adds. Some more point to consider: “The most buyers simply prefer the aesthetic of wood construction, important factor, in my opinion, feeling that it evokes a more earthy, back-to-nature feel. is buying quality,” says Turnbull. Of course, when speaking of wood construction, the Strong designs, quality building risk of fire may come to mind. But, according to and compliance with codes and Turnbull, there are increasingly sophisticated ways to regulations will ensure that buyers make wood-framed buildings as fire-retardant as feel safe and secure in their brand possible, like using high-value fire-rated wall systems. new homes — regardless of the “Some builders, including us, treat each of the framing materials in question. members with a water-based fire retardant as an extra NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 75
SMALL SPACES
Clever ways to organize
A SMALL LIVING SPACE ORGANIZING A SMALL LIVING SPACE can be a challenge. Apartments and lofts typically have limited closet space, if any closets at all. Townhomes can also be a challenge to organize with their small kitchens and bedrooms. Such is true for many singletons and families just starting out, or couples looking to downsize their living arrangements. Whatever your habitat, here are some tips for organizing a small space so you can enjoy it to its full capacity.
FURNITURE WITH STORAGE
The furniture you choose for your home can make or break it. Oversized furniture is out, but furniture with storage is in. Look for pieces that will maximize storage capacity without taking up too much room. Armoires are great for storing clothes if you don’t have a closet, and these days they come in all sizes. Antique trunks add instant style to any room and they can double as a coffee or bedside table with a hideaway
for keeping extra blankets, seasonal items or books. Media cabinets are a worthwhile investment for anyone with a television and other multi-media. Sanus offers media cabinets with open shelves or enclosed doors and ample room for holding DVD players, video games, cable boxes, music and other gear. If you like the mounted TV look, but don’t have the wall space for it, consider a flat-panel mount kit that attaches to furniture. It will give you the same aesthetic appeal as a TV mount, but doesn’t require drilling in the wall.
DEFINE THE SPACE
Just because a room is small doesn’t mean it can’t look pulled together. It’s important, especially in homes with open floor plans, to define living areas for how you intend to use them. It sounds counter intuitive, but wide-open rooms with poorly placed furniture can actually seem smaller than they are. Defining the space will allow you to create distinct areas for entertaining, eating and relaxing. Accordion-style room dividers do the trick. So do area rugs. A dining room or sitting area can easily be established with a pretty rug and chairs placed around it. A couch positioned in the middle of a room is a good way to separate living and dining areas.
ODDS AND ENDS
No matter how organized you are, you most definitely have at least one overflowing junk drawer. So what do you do with all these extra odds and ends? Get creative. Look around. You’d be surprised at how many things you already own that, when repurposed, make the perfect organizers. Toolboxes are ideal for storing crafting and office supplies like ribbons, buttons, paper clips, push pins, stamps and envelopes. Rather than tucking away flower vases in a cupboard, use them for neatly displaying kitchen utensils or makeup brushes. Matching baskets and photo boxes will hold just about anything from scarves to painting supplies. Looking for a fun way to display photographs? String a piece of twine across an archway and use clothespins to hang the photos from the twine. With a little effort and creativity, any living area can be transformed into a well-organized space you enjoy spending time in. NC
SouthCentralEdmonton North Saskatchewan River
1
10
76 Ave.
7
84 St.
3 4 6
Whyte - 82 Ave.
5
75 St.
85 St.
Co nn or sR d.
90 Ave. 83 St.
104 St.
103 St.
. n Dr ewa atch k s a S
95 Ave. 92 St.
105 ST BRIDGE
2
101 Ave. 98 Ave.
Scona Rd.
Sas kat che wa nD r. 87 Ave.
JAMES McDONALD BRIDGE
99 St.
109 ST BRIDGE
114 St.
Groat Rd .
GROAT BRIDGE
FOOT BRIDGE
79 St.
106 Ave.
DAWSON BRIDGE LOW LEVEL BRIDGE
CAPILANO BRIDGE
8
9 51 Ave.
Map Listings
1 Mill Creek Park by Parkwood Master Builder
5 Parkallen pointe
8515 - 99 Street 2 Fuzion 10201 Whyte Ave. 3 Trinity Pointe 93 Street & 82 Ave. 4 Strathcona Square 9650 Whyte Ave.
8 Urban Village on Whyte
by Santos Construction
by Carrington Communities
7625 - 112 St.
7907 - 71 St.
6 solstice off whyte 99 St. & 79 Ave. 7 The University Brownstones by Tessco
9 Scona Gardens by Cassel Communities
10124 - 80 Ave. 10 NineTnine 99 Street & 84 Ave.
108 St. & 71 Ave.
SOUTHCENTRAL EDMONTON | Call Amanda 780.461.1622
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $167 $167,900 900 7825 – 71 street (Between Whyte Ave & Argyll Road) NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 77
THE UNIVERSITY
BROWNSTONES F
ollowing the great success of Phase One of The University Brownstones, we are proud to announce the second phase of their multi-family development. Built on the foundations of quality, value and innovative design these 72 spectacular units are a welcome addition to this in-demand address. With a prime location in a charming mature neighbourhood, The University Brownstones is a unique project surrounded by character homes, and all the amenities of an established community. Situated at 108 Street and 72 Avenue, residents will be conveniently located just steps from the Garneau, the University of Alberta, and the Whyte Avenue shopping and entertainment district - all • Excellent location, close to within walking distance! Just U of A and Whyte Ave. a few minutes • Spacious designs with 9 away is the scefoot sprinklered ceilings nic river valley, where outdoor • Upgraded appliance packenthusiasts can age and soundproofing enjoy plenty of activities. Plus, • Beautiful central courtyard getting to the and glass elevators downtown core is hassle free • Underground heated parkwith just a quick ing and 24 hour video LRT ride. Making monitored security your next home at The University • Backed by New Home Brownstones is Warranty easy as only a 5% down payment is required. With this type of opportunity, buyers are encouraged to act now to ensure their home style preference is available. The design of The University Brownstones is as distinctive as the neighbourhood it is located in. Glass elevators with vestibules and covered, open pedways that link all parts of the development add to the unique European look and feel. The stylish pedways also create private, separate entrances to each suite, allowing for more windows since suites back onto the open pedways rather than a
closed in hallway. Adding to the bright and airy environment is the wonderful feature of a central courtyard. The University Brownstones, will have the same quality and design as found in its many other sought-after developments, but with more of an Old World flair. At The University Brownstones, buyers will discover spacious suites that range from 745 to 1,600 square feet and present an array of floor plans to suit a wide variety of tastes and lifestyles including one bedroom, one bedroom plus den, two bedrooms and even a couple of three bedroom suites. The den in the one bedroom suite option is designed so that it can easily be used as a second bedroom. Inside each suite, buyers will appreciate the open great room plans, 9-ft. ceilings, huge floor-to-ceiling windows, kitchens with islands and raised eating bars. The selection of finishing packages and superior soundproofing are part of The University Brownstones. Each unit is self contained, with a separate furnace, hot water on demand and telephone and cable access in almost every room. We skip the expensive amenities that are seldom used and instead puts the money saved into state of the art soundproofing – ultimately allowing condo fees to remain low. And, your surroundings are always secure, with 24-hour video monitoring in the parkade. The University Brownstones is an impressive development that combines the coveted features of a mature, culture rich area with beautiful and visually interesting architectural design. With Phase I sold out, and the highly anticipated pre-sale now underway, you will not want to miss out on the exciting opportunity! Be sure to ask about our Free $10,000 upgrade package that is available for only the first 25 pre-sales. For more information visit the Phase One Show Suite at 10808 71 Avenue, open Monday to Thursday, 4-7 pm, weekends 1-5 pm or call Troy Stenson at Re/Max River City, 780-439-7000
COVERED with CARE www.blanketltd.ca
www.edmontoncondo.com
Visit us online for priority registration on Phase 2 and view our new upgraded construction specs 78 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
Phase Two Pre-sale Now UNderway Starting at $199,900! First 25 pre-sales receive a free $10,000 upgrade package PHASE One COMPLETE (Sold Out)
PHASE TWO RENDERING
Show Suite: 10808 71 Avenue Mon-Thu 4-7pM, SaT/Sun 1-5, CloSed Fri & holidayS
Sales & Marketing by Troy Stenson, Re/Max River City
780.439.7000 / 1.800.265.9518 79
quick tips
The seasonal switch-up:
Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
S
pring is slowly sliding into place, and the hall closet is bursting at the seams trying to contain the collection of everything from mitts and snow boots to umbrellas and Wellies. It’s time for the seasonal switch. Make some space for spring, and don’t give Jack Frost another thought.
Quick tips on organizing your home
›› Make room for spring. It’s that wonderful time of year again when we can put away the winter gear and lighten the load. Although there’s never enough storage, there are creative ways to better utilize existing spaces when storing out-of-season items. Here are some ideas to consider: add another shelf above the existing one in all the closets, and purchase under-the-bed organizers. If your bed is not high enough, you can get a bed riser to lift it. Consider creating a document on your computer that
// by hellen buttigieg
make room for spring serves as an index to outline where you’ve stored what. When winter arrives, you won’t have to rely on your memory to find what you need. ›› How long have you been putting off that rummage sale? Have you been saving items for years with the intention of selling them, but never seem to get around to it? Pull out your calendar today and book a definite date to have your sale this spring. Blocking the time now increases the likelihood of following through with it later. Another option is to forgo the big sell-off entirely and donate these items instead. ›› Jump-start your spring cleaning with baby steps. If you don’t know where to begin when it comes to spring-cleaning your home, start small. Pick just one room. Moving clockwise, remove anything that doesn’t belong in that room and place it in a “move elsewhere” box to deliver to the room it should live in. Pull out anything that doesn’t give you joy or value and place it in a giveaway box. Toss or recycle any papers and garbage that are left over. Designate this room as a “no-clutter zone” so you will always have a sanctuary to escape to, regardless of what the rest of the house looks like. ›› Have you stored your winter coats yet? If you’ve been putting off the task of storing your winter coats because you don’t have an extra closet, there’s a solution. A sturdy, rolling garment rack makes an ideal spot to store winter coats during the summer. Be sure to dry-clean all items before storing, even if they look clean. Cover the clothes with a clean, cotton bed sheet or use a zippered canvas wardrobe cover specifically designed for this purpose to keep your clothes dust-free. If you don’t have room for a garment rack, store seasonal items in large garment bags, suitcases or under-bed storage bins. Quick tips on organizing your home office
›› Weed your paper garden for spring. We prepare our gardens for spring by cutting back the dead wood and pulling up weeds. Do the same for your filing cabinet. Spend just 15 minutes pulling any out-dated file folders to give more relevant ones some breathing room. If you don’t get through the whole filing cabinet in one sitting, mark the place where you stopped with a piece of paper so you can continue where you left off next time. Quick tips on organizing your life
›› Take time to enjoy the sunshine. For those of us living in climates that are cold most of the year, spring and summer are much too short. Make it a point to get out and enjoy the day when the weather is beautiful, even if the floor still has to be mopped or the tub has to be scrubbed – it can wait until the next rainy day. Besides, your productivity on warm, sunny days is often lower because you’d rather be outside and self pity is draining! When that rainy day does arrive, make the most of it by knocking off as many chores as you can manage. You’ll have lots of energy to accomplish tasks because you will have taken time off for yourself.
80 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
F t O on 0 e M l* 5 0 th ri $ 7 g Ap r in of
Du
New Condo Living in
Visit the sales centre at 8515-99st Nestled in the neighbourhood of Strathcona, this modernly designed building offers upscale urban living together with convenient access to downtown, the university and the river valley.
Part of the Parkwood Group of Companies
780.914.2006 millcreekpark.ca *On the ďŹ rst two purchases during this promotion. See Sales Associate for details.
h
Two Bedroom Suites Starting in the Low $300’s Only 6 Suites Remaining! Move-in Ready
F
Old Strathcona
HOME STYLE
FASHION
meets the home this spring IT’S NO SECRET THAT INTERIOR DÉCOR TAKES its cues from
fashion. Sharon Grech, the colour and design expert for Benjamin Moore, points out that the pastel colours popping up in fashion apparel and accessories are also brightening up the home this spring.
“Hits of white, pale greys and a bouquet of pastels bring a desired lightness to your wardrobe and to your home this season. Pastels have been popular in the past, but rest assured, what’s in style today is very much of the moment and sophisticated.”
“There is a palpable shift as Canadians are now ready for a “cleansing” of the palate,” she says. “Hits of white, pale greys and a bouquet of pastels bring a desired lightness to your wardrobe and to your home this season. Pastels have been popular in the past, but rest assured, what’s in style today is very much of the moment and sophisticated.” The new pastels work best, Grech says, when contrasted with a darker charcoal shade or the rough texture of reclaimed wood or heavy woven textiles. These heavier materials and colours give the pastel a less fragile sensation. Designers today take some of the sweetness out of the pastel look by not always pairing it with a clean, crisp white, but instead with other
It’s time to make your move.
SpringCreditHorzAd-14.375x4.628-EdmNewHCondoGuide.indd 1 82 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
neutrals like grey, sand and tan. “Benjamin Moore’s favourite pastel for the home this year is Lemon Sorbet,” says Grech. “Fresh and bright, it is the perfect pick for any space. Its wispy nature is the ideal backdrop for any colour, especially when paired with warm grey furniture and blue-green accents, to create a living space that is energetic and calm all at once.” There is a fine line when it comes to this airy trend. Just as in fashion, don’t outfit the whole home in pastels. You wouldn’t dress in head-to-toe pastels, and the same goes for the home. “It’s all about balance,” she says. You can follow this trend online at BenjaminMoore.ca or visit your local retailer for more information. NC
The BEST mortgage rate
guarantee.
Making the leap to a new house is a tough decision—we get that. With the guaranteed BEST mortgage rate, you can get that new home at a rate that will fit for many years to come. Stop by your local ATB branch or visit atb.com/MortgageSpecialist-Edm
The Best Mortgage Rate Guarantee applies to ATB Rate First and Extreme 5-year closed fixed-rate mortgages only; versus published and advertised rates for 5-year closed fixed-rate mortgages by Canada’s big five national banks. Some conditions apply. On approved credit. Offer applies to new residential mortgages and ATB residential mortgages eligible for renewal during offer period. Offer subject to change at any time. One offer per household.
13-03-15 10:09 AM NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 83
Scrumpdillyicious
Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world
Molten Chocolate Lava Cake Directions
Preheat oven to 325°F. Grease four ramekins, about 2 ¾ in. diameter and dust with cocoa powder; set aside. Melt the chocolate in a small pan over medium heat. Once half melted, add butter and continue to heat until the chocolate and butter are completely melted and combined. Set aside for 10 minutes, or until needed.
Warm, silky and devilishly good, Molten Chocolate Lava Cake is the quintessential chocolate lover’s dessert. Best of all, its gooey centre actually does erupt with a luscious molten core of chocolatey goodness. And unlike some other recipes I’ve tried, this recipe is foolproof! Made with good-quality dark chocolate, butter, eggs, sugar and flour, the mixture is simply poured into individual ramekins, baked about 15 minutes and upturned onto decorative serving plates. A few fresh berries, a light dusting of icing sugar and your guests will be treated to a lovely warm dessert fresh from the oven. Now that’s love!
this is a very naughty dessert.
ingredients
Using a blender or hand whisk, whip the eggs, egg yolks and sugar in a medium bowl until pale and thickened, then add to the chocolate mixture. Gently fold in the flour with a metal spoon. Divide the mixture between the four ramekins and cook in the oven for 12 to 15 minutes, until the cakes are firm on top. Using oven gloves, remove the ramekins from the oven and turn them out onto serving plates. Garnish with raspberries and dust with icing sugar. Serve immediately.
Serves 4
› 4 tsp cocoa powder › 4 oz good-quality dark chocolate, broken into pieces › 4 oz unsalted butter (1 stick)
› 2 large eggs › 2 large egg yolks › 4 ½ oz caster sugar › 4 oz plain or pastry flour, sifted
› Icing sugar, to dust › Raspberries, for garnish
84 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com
DowntownEdmonton 118 Ave. 112 Ave.
101 St.
15 1
102 Ave.
10 7
13
9 Jasper Ave. 100 Ave. 106 St.
Victoria Park Rd. Rive r Va lley Rd
6 97 Ave.
.
82 St.
d.
dR
n wla Ro
St.
11
KINNARD RAVINE
92
105 St.
107 Ave. 8 14 12 2 104 Ave. 5 4
wa yA ve .
100 St.
109 St.
116 St.
127 St.
gs
t. 95 S
3
Kin
. 97 St
124 St.
111 Ave.
LOW LEVEL BRIDGE JAMES McDONALD BRIDGE
DAWSON BRIDGE
Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE
Map Listings
1 the ultima
by westrich pacific
10244 - 103rd Street 2 The Venetian by Abbey Lane Homes
112 St. & 103 Ave. 3 Gates On 17th
North Saskatchewan River
7 Serenity by Landmark Urban Living
Jasper Ave. & 118 St. 8 s tudio ed Corner of 116 Street & 106 Avenue 9 Meridian Plaza
by Tessco
by Cancali Developments
117 St. & 105 Ave.
111 St. & Jasper Ave.
4 Alta Vista
10 Pearl by Regency Developments
111 St. & 103 Ave.
Jasper Avenue & 119 Street.
by Alldritt
112 St. between 103 & 104 Ave. 6 Founders Ridge 9805 - 105 St.
13 Icon
by Langham developments
Jasper Ave., North of 104 St.
14 m axx 11540 113 Street 15 the fox
by Langham developments
by Christenson Communities
5 Panache on Twelfth
12 The Zen 11425 - 105 Ave.
104 Street & 102 Avenue
11 Quest by Regency Developments
Corner of 104 Ave. & 105 St.
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 85
DOWNTOWN
Now under construction •
Sales advancing
i o
W in • •
•
•
Enj ac th
a
CondoGuideMar_DPSf.indd 1
is downtown Edmonton’s best location on the corner of 104 St. and 102 Ave. With a walk score of 98/100*, Fox One is in the top 2% of the best walkable locations in the world — the only condominium in downtown Edmonton ranked that highly. • Strong architecture highlighted by sparkling glass feature walls • Designed with zero-obstruction sight lines – every occupant enjoys unobstructed and spectacular views from generously large windows • 142 units on 28 floors, elegantly finished in modern style • 1 to 3 bedroom suites in 650 to 2,200 square-foot configurations
Contact us:
www.foxtowers.ca | 780.425.0369
Enjoy unparalleled walkable and LRT access from ecclectic 104 Street to the best of Edmonton — shopping, entertainment, Grant MacEwan University and the city’s highly anticipated new downtown arena. *walkscore.com 87
2013-02-25 3:01 PM
88 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
NewCondoGuide.com | VOLUME 21 ISSUE 04 | NEW CONDO GUIDE 89
SHOPPING/ CINEMA
ULTIMA DOWNTOWN
ARENA
WINTER
GARDENS
Feel the pulse pulse.Own Own the Address. Address Live the Ultima
LIVE THE LOCATION: Top 10 reasons why Ultima’s a hot spot
ROM
GF ARTIN ING ST
0 0 0 , 5 $24
PRIC
1. OILERS GAMES. Never miss a victory celebration again. 2. SHOPPING AND A MOVIE. Conveniently across the street. 3. SCHOOL. Attending 8am classes now made possible. 4. WORK. Sleep in and skip the commute. 5. WINTER GARDENS. Say bye bye to winter blues. 6. RIVER VALLEY. Nature and urban living? Yes please! 7. CHURCHILL SQUARE. Festivals, art gallery, theatre, and more. 8. DINING. Deciding where is the only hard part. 9. NIGHTLIFE. Skip the cab fare, you’re already there. 10. NEVER LOOK FOR PARKING DOWNTOWN AGAIN!
780-803-8777 ultima@westrichpacific.com
www.ultimatower.ca
Sales Centre: (104 Ave. & 106 St.) Mon-Fri 11am-6pm Sat: 12-5pm
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 91
M
Fr m ev si ur sa th
65% SOLD HURRY IN BEFORE 2013 PRICES KICK IN
M be do co Ev fo C aw
S in la
1
M re ar pl on sh
See what all the BUZZ is about. Soaring ceilings. Incredible downtown views. Condo fees starting from under $200.00 per month. If ordinary simply won’t do - live it to the MAXX downtown without maxxing out your bank account. *Some conditions apply. See sales consultant for more details.
92 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
DOWNTOWN
MAXX lives downtown From its cool exterior details to gleaming gourmet kitchens, massive windows, high ceilings and oversized balconies everything at MAXX has been done to the max. And, you simply can’t help but get excited. This is the destination urbanites have been longing for. A west coast inspired sanctuary of downtown professionals and early adopters that want a home reflecting their aspirations.
STEEL & CONCRETE CONSTRUCTION ENSURES GREATER PRIVACY, SAFETY & LOWER MAINTENANCE
105th Avenue Redevelopment
Mon - Thur: 3 - 7pm Sat, Sun & Hol: 1 - 5pm Closed Fridays
MAXX is located in the heart of the 105th Avenue redevelopment. Already, incredible changes have made this area a sought after location and with more exciting changes planned over the next few years, now is the time to move on this. For complete redevelopment details visit the MAXX showsuites or www.livemaxx.ca.
101 St
780.993.6505 10540 113 Street
109 St
So, think extreme. Its time for you to max out your lifestyle in MAXX. There’s nothing like it and at these prices it won’t last long.
113 St
ONLY 2 BLOCKS FROM GRANT MacEWAN UNIVERSITY
116 St
MAXX offers downtown’s best selection of one and two bedroom condos at great prices. And, it’s perfectly situated down the street from Grant MacEwan University and Oliver community’s thriving lifestyle and entertainment district. Everything’s easy (except maybe that triathlon your training for) because its just outside. Shopping. Clubs. Restaurants. Coffee shops. Parks. Oh, and the health club is just a block away.
105 Ave Oliver Square
Grant MacEwan University
104 Ave
Longstreet Shopping Centre
Jasper Ave
w w w. l i v e m a x x . c a 93
VIEW OUR MAGAZINES ON ANY
DIGITAL DEVICE ANYTIME
Now you can view all of Wall2Wall Media’s publications online, anytime, using your mobile, PC or tablet
NewCondoGuide.com Published by
94 NEW CONDO GUIDE | VOLUME 21 ISSUE 04 | NewCondoGuide.com
homebuyers’ help
condo buyers’
resource section
You love the condo, see what you can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 95
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
96 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
-
4.650
Bank of Montreal
3.100
Bank of Nova Scotia
3.100
AGF Trust
2 years
3 years
4 years
5 years
3.040
3.200
3.240
3.340
3.490
4.000
3.000
3.040
3.550
4.540
5.140
4.550
3.750
3.890
3.990
4.390
4.990
-
3.240
3.390
3.150
3.570
3.190
Bridgewater Bank
-
CIBC Mortgages
3.200
4.450
3.000
3.140
3.550
4.390
5.140
Canadian Western Bank
3.200
4.000
3.000
3.040
3.650
4.540
5.140
Equitable Trust
-
-
3.000
3.040
3.550
4.540
5.140
First Calgary Financial
-
4.000
2.390
2.670
2.530
3.290
2.990
First National Financial
2.800
3.950
2.740
2.690
2.790
2.990
2.990
FirstOntario Credit Un.
2.790
4.240
2.990
3.140
3.190
3.240
2.970
HSBC Bank Canada
3.100
4.450
3.600
3.950
4.450
4.990
5.240
ING Direct
3.000
-
3.000
3.000
2.790
2.990
3.080
Investors Group Trust
3.000
4.000
3.000
3.140
3.550
4.540
5.140
London Life
3.000
4.000
3.000
3.140
3.550
4.540
5.140
Manulife Bank
3.000
4.450
3.000
3.050
3.100
3.100
3.090
Meridian Credit Union
2.850
4.450
3.100
3.140
3.700
2.980
3.190
National Bank
3.200
4.000
3.100
3.140
3.550
4.540
5.140
-
4.500
3.100
3.350
3.600
3.850
3.950
President’s Choice Fin’l
3.200
6.040
3.140
3.200
3.240
3.350
3.440
Royal Bank of Canada
3.000
4.000
3.000
3.040
3.550
4.540
5.140
-
4.000
3.000
3.040
3.550
4.390
5.140
3.200
4.000
3.000
3.040
3.550
4.540
5.140
Peace Hills Trust
Servus Credit Union T-D Mortgage
Rates effective as of March 22, 2013. *Rates subject to change without notice.
NewCondoGuide.com | Volume 21 issue 04 | new condo Guide 97
homebuyers’ help
Condo hunter’s checklist When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1
condo #2
condo #3
condo #4
Project & address:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
Salesperson:
Phone:
Phone:
Phone:
Phone:
Developer/builder:
Developer/builder:
Developer/builder:
Developer/builder:
Type:
Type:
Type:
Type:
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
Sq. Footage:
Sq. Footage:
Sq. Footage:
Sq. Footage:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
Interior appliances:
Interior appliances:
Interior appliances:
Interior appliances:
Options:
Options:
Options:
Options:
Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
Special incentives:
Special incentives:
Price:
Price:
Price:
Price:
Down payment:
Down payment:
Down payment:
Down payment:
Condo fees:
Condo fees:
Condo fees:
Condo fees:
Financing available:
Financing available:
Financing available:
Financing available:
Other comments:
Other comments:
Other comments:
Other comments:
98 new condo Guide | Volume 21 issue 04 | NewCondoGuide.com
WIND
R
AY D
END
TER WI
YH
LLE
GAR
WINDE
HON
DR
ANT
NW
RMERE
RD
South West
ERME
RE BL VD
WiNdeRMeRe Rd Rd & & WiNdeRMeRe WiNdeRMeRe blVd WiNdeRMeRe blVd South West West off off the the Henday Henday South onto Terwillegar Terwillegar Dr, Dr, onto West onto onto Windermere Windermere West Blvd, North North onto onto Blvd, Windermere Rd. Rd. Windermere
cobalt
2br+den
Co 838 FT2
Condos from the $130’s All Suites Include
6 Appliances • Elevator Service to All Floors • Laminate Floors • Underground Parking Available
ANTHONY HENDAY DRIVE
•Now Under Construction
137 AVE
YELLOWHEAD TRAIL
D
Off Victoria Trail & second right on Hyndman Crescent
HYNDMAN ROAD
•Now Under Construction •River Views available
H
ES AN CR HYNDM
ONY
1180 HyNdMaN Rd
AGE R ERMIT
information Centre Hours:
ANTH W
East of 34 Street NW on 16A Avenue NW
North East Call 780.473.9143
142 ST N
50 ST M RAI ANNIN L GD R
3353 16A AvE
IA T
E NW
Call 587.520.0482
TOR
16A AV
South East
ALBANY
H
WAY 167 AVE
Monday to Thursday: 3 to 8pm | Saturday, Sunday & Holidays: 12 to 5pm | Closed Fridays
elementsbycarrington.ca
North West Call 587.523.7912
Y DR ENDA
508 albaNy Way 127 ST NW
34 ST NW
MI LL RD WOO NW DS
ElEmEnts at albany
e ElEmEnts at Showoswuit N n! HErmitagE e p O
VIC
ElEmEnts at laurEl Crossing
South off the Henday onto 127 Street, West on 167 Avenue •Now Under Construction
G u i d i n g P e o p l e H o m e Fo r O ve r 3 0 Ye a r s
Citadel Village
Villas At Lacombe Park McCrae Estates
ST.ALBERT
Emerald Hills Eton Park Villas Eton Park Estates
Alta Vista Glastonbury Village
EDMONTON SHERWOOD PARK
Southwoods Center At The Park Bedford Village Reflections
22
Legend
LEDUC
Senior Community
Devonshire Village
Villas/Bungalows Estate Condos
Avalon Villas
In celebration of our 40th anniversary we’re excited to announce 40 Weeks of Giveaways! Senior Living Villas/Bungalows Estate Condos We’ll be drawing for a fabulous prize EVERY Eton Park Villas WEEK • 780.903.2465
for the Alta restVista of the year. Stop by Glastonbury any of Village • 780.497.7245 • 780.934.6636 our sales centres during 2013 to be entered!
Villas At Lacombe Park • 780.903.2465
Avalon Villas
• 780.995.3713
McCrae Estates • 780.406.7530
Bedford Village • 780.975.8866
Reflections Village For more information visit a sales centreCitadel today, • 780.975.8866 • 780.934.6636 orEton visitPark carrington.ca. Estates Devonshire Village • 780.975.8866
• 780.934.6636
Southwoods
• 780.432.3222
*For complete contest rules visit our website
Tassimos Grocery Gift Certificates
Wine & Cheese Gift Certificates
steps to
WIN!
*
First Visit
one of our sales centres
Next Post
a comment on our Facebook page about your sales centre experience
Then Invite
ty
s
your friends to enter by sharing this contest on your Facebook page
Spa Services
it our website at www.carrington.ca/contest
Personal Chef for an Evening & Much More!
Personal Trainer Sessions
Cleaning Services
der ction
NewCondoGuide.com
the nto 127 est on 167
EDMONTON NEW CONDO GUIDE Vol 21 Iss 04
en
o
2
s
le
West 523.7912
aNy Way
Range Rd 224
e av 99
av 99
N! OP E OW
e
Range Rd 225
B E LL ER O SE
92 St
EN
st
KE
NN
V YA
SI
UD
E
IN RW
STO
N
CH
URC
HIL
LA
RE
AU
RD
VE
167 Ave
TR AIL
1
2 YELLOWHEAD TRAIL
YELLOWHEAD TRAIL
SHERWOOD DRIVE
BROADMOOR BLVD.
8 CLOVERBAR RD.
BASELI NE ROAD
SHERWOOD PARK
WYE ROAD
HIGHWAY 21
RR 231
RR 232
3
RR 233
Angela 780-991-2337 Showhome at 2018 Glenridding Gate SW
e
1
BO
MC
WHITEMUD DRIVE
Home Styles
OF THE
YEAR
av
Range Rd 230
Duplexes with double front attached garage or rear lane access. Convenience and curb appeal, this community has it all! Floor plans up to 1468 square feet available in two and three bedroom options.
9
St
D XR
HIGHWAY 14
Now selling duplexes in Southwest Edmonton from $324,700
84
10
21
T ER LB .A ST
Elements Glenridding
1 st
DR
LARGE VOLUME
BUILDER
10
OU
a ve
G IR
IL T TRA
VILLENEUVE RD
9 94 8 St
82 s
YEAR
t 94
R IDGE RD
ER ST. ALB
SH OW HO M
OF THE
Township Rd 550 112 s
E RIN
2013
Rohit Communities Edmonton & Area
BUILDER
t
EDMONTON’S
2013
Vistas – Bungalow communities
7
Elements – Two storey duplexes or townhomes with attached garage
Evolve – Single homes with or without attached garage
Village – Two storey townhomes
4
or duplexes with rear lane access
5 1. Edmonton North Casselman Landing Elements Cy Becker Evolve Cy Becker
Landing – Townhome
36
3. Edmonton West Elements Hamptons
4. Edmonton Windermere Village at Langdale
Condominium Project
5. Creekwood Chappelle Elements Chappelle Village at Chappelle
6. Edmonton South
2. Edmonton North West
Village at Keswick
Callaghan Landing
Village at Trumpeter
Elements Keswick
Callaghan North
Elements Starling
Elements Glenridding
Callaghan Ravines
Evolve Starling
Evolve Glenridding
Vistas at Callaghan Evolve Allard Vistas at Allard
HOMES FOR REAL LIFE.
HOMES FOR REAL LIFE.
RohitCommunities.com
RohitCommunities.com
7. Edmonton South East Tawa Landing
8. Sherwood Park Evolve Sherwood Park Elements Summerwood Park
9. Fort Saskatchewan Elements Sienna Evolve Sienna
ROHIT COMMUNITIES Now Selling Two Storey Duplexes & Townhomes – Visit Us Today!
Village at Trumpeter
Creekwood Chappelle
Elements Hamptons
Village Langdale
Elements Summerwood Elements Sienna
Two-storey townhomes in Southwest Edmonton from $311,400
Now selling two-storey duplexes in Sherwood Park from $352,000
NOW SELLING SHOWHOMES in Fort Saskatchewan from $317,300
Two or three bedroom floor plans with up to 1377 square feet. Includes full landscaping, deck and appliance allowance. Impeccable proximity to the retail mecca at Currents of Windermere.
Floor plans up to 1454 square feet with two and three bedroom options and double front attached garage. Includes appliances and front landscaping. Phase 10 just released!
Two or three bedroom layouts up to 1501 square feet. Feature bonus flex area and second floor laundry. An easy commute to Sherwood Park or Edmonton from this great community.
Call Wende 780-952-1572 Showhome at 2 Sunterra Way
Call Chris 780-995-6054 Showhome at 1 Santana Crescent
Now selling two-storey townhomes in Northwest Edmonton from $319,900
Now selling townhomes & triplexes in Southwest Edmonton from $298,300
Now selling two-storey duplexes in West Edmonton from $311,000
Two and three bedroom townhomes up to 1373 square feet. Features landscaping, appliances, double detached garage, second floor laundry, and deck.
A variety of flexible floor plans up to 1459 square feet with attached or detached garage. Includes landscaping, deck, appliances and no condo fees!
Call Pam 780-938-5478 Showhome at 2055 Trumpeter Way NW
Versatile two or three bedroom layouts up to 1505 square feet. Includes flex internet/ bonus area, second floor laundry and appliances. Located close to shopping, services, amenities and no condo fees!
Call Candice 780-990-9588 Showhome at 504 Chappelle Drive SW
Call Kim 780-906-9808 Showhome at 1753 Hammond Cres NW
EDMONTON’S 2013 BUILDER OF THE YEAR. RohitCommunities.com
Call Randy 780-718-5686 Showhome at 704 – 176 Street SW
Find us on Facebook for your chance to win! facebook.com/rohitcommunities
Reasons 40-35
Building dreams come true for 40 years! With over 10 citywide locations Carrington has something for everyone
reasons
L’ATTITUDE STUDIOS FROM $181,900
308 Ambleside Link 780.438.1513
Carrington Communities
ALBANY WAY
WATERSTONE FROM $279,000
6083 Maynard Way 780.438.4911
is your preferred 167 AVE
YELLOWHEAD TR
E’SCAPES
66 ST
11517 Ellerslie Road 780.439.5030
82 ST
FROM $227,080
WHITEMUD DR
• Building features luxurious amenities including air conditioned corridors and common areas, fully equipped fitness centre, social room with full kitchen and billiards, and a convenient guest suite
FROM $184,400
• Winner of the 2013 CHBA Award for Best Multi-Family Apartment Building W IN N E R
ANTHONY HENDAY DR
35
DR GAR ILLE
STANTON DR
Understands your home is where your heart is
30 AVE SW JAMES MOWAT TRAIL
1180 Hyndman Road 780.473.9143 ONLY 1 SUITE By Appt. Only LEFT!
See the inside back cover to find out about our
SHOREWINDS FROM $159,000
Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
780.438.4911
2 br Condos FROM
$217,900 includes GST
• Two bedroom & two bedroom plus den suites available • 9' ceilings available on the fourth floor • Building features underground parking & owner's amenities • Suites include window coverings, six stainless steel appliances & natural gas BBQ outlet on the patio • Easy access to the Anthony Henday & Gateway Blvd
• Winner of the 2013 CHBA Award for Best Multi-Family Apartment Style $250,000-$350,000 WINNE R
*Select suites only, for a limited time. See Sales Associate for details.
40 Weeks
SALES HOURS
Call Jeremiah 6083 Maynard Way
Creates architecturally inspired, award winning designs
ANTHONY HENDAY DR
ulous Giveaways of Fab
2013 excellence in housing award winner
MACEWAN RD ELLERSLIE RD 119 ST
111 ST
RABBIT HILL RD
GAR DR TERWILLE
23 AVE MAYNARD WAY
SOUTHWEST
Turns your dream into a reality
36
6070 Schonsee Way 780.476.1137
*On Select Suites. See Sales Associate for details.
WHITEMUD DR
NE
• Located in desirable Southwest community of MacTaggart this location offers easy access to the Anthony Henday, and is close to shopping, parks, and many other amenities
Albany Way & 167th Ave 587.520.3372
Can fit square pegs into round holes
WINDERMERE BLVD
FROM $184,900
HERMITAGE
• 9’ ceilings on the first, second and third floors, 10’ ceilings on the fourth floor
TERW
S CEN SE NW
• Gorgeous lake views*
38 37
DR
AVIVA
39
Is driven by exceedingly high standards, with you in mind
ELLERSLIE RD
FROM $167,900
6084 Stanton Drive SW 780.756.0096
75 ST
includes GST
23 AVE
Puts the “fun” in functional floor plans
70 ST
$279,000
SOUTHWINDS
RABBIT HILL RD
since 1973
40
HENDAY
WHITEMUD DR 111 ST
Condos FROM
SHERWOOD PK FWY
ARGYLL RD
URBAN VILLAGE 7825 - 71 Street 780.461.1622
ANTHONY
WHYTE AVE
4042 MacTaggart Dr SW FROM $167,900
75 ST
COMING SOON
T TR LBER
ALLURE
ST A
1144 Adamson Dr SW 587.520.6775
142 ST
FROM $179,900
ANTHONY HENDAY DR
É LAN
condo builder
on these spectacular suites!*
2013 excellence in housing award winner
Meet your design team: Karen, Jodi & Dan
SOUTHWEST CALGARY TR
SW
2 BR FROM $217,900
VIC TO
RIA TR
RUTHERFORD GATE
11080 Ellerslie Road 780.756.2230
Top 40
Save up to $20,000
111 ST
New showsuites now open!
Final phase now selling
YOur Design Department
Call Katie
780.439.5030 11517 Ellerslie Road 2013 excellence in housing award winner
L ES
MO
WA TT
RAI
127 ST SW
JAM
23 AVE NW
587.520.6775
ANTHONY HENDAY
4042 MacTaggart Drive
TERWILLEGAR BLVD
MACTAGGERT DRIVE
More information coming soon
$184,900
$181,900
includes GST
includes GST
• 9' ceilings on all floors • Convenient access to St Albert • Customize your suite with a complimentary interior design consultation • Two storey lobby *On Select Suites. See Sales Associate for details.
Up to $35,000 off select suites* • Building features underground parking, fully equipped fitness centre, convenient guest suite & social room with wet bar and billiards • Stylish suites come with six appliances, laminate floors & 9’ ceilings • Oversized heated storage included with underground heated parking • Located in the heart of Ambleside this convenient Southwest location has easy access to the Anthony Henday, transit centres, South Edmonton Common & Currents Shopping Centre
142 ST NW
Call Eva
587.520.3372 167 Avenue & Albany Way
AR
170 ST
W
167 AVE NW
NORTHWEST ST N
R AY D END H Y ON ANTH ALBANY WAY
127
VENESS RD
*On Select Suites. See Sales Associate for details.
G ILLE
W TER
DR ANTHONY HENDAY DR
WINDERMERE BLVD AMBLESIDE
AMBLESIDE DR LINK
ELLERSLIE RD SW
780.438.1513 308 Ambleside Link
RUGBY PARK
Call Kathy
780.756.2230
SOUTHeast
ELLERSLIE RD
STAN
11080 Ellerslie Road
TON
D R SW
Call Riley
780.756.0096 6084 Stanton Drive
Condos FROM
$167,900 includes GST
Condos FROM
Condos FROM
$159,000
$167,900
includes GST
includes GST
Up to $12,000 off select suites*
Up to $15,000 off select suites*
• NEW SHOWSUITE NOW OPEN
• NEW SHOWSUITE NOW OPEN
• One bedroom, one bedroom plus den, two bedroom, & two bedroom plus den suites available
• 15,000 sq ft of amenities includes a fitness centre & a 3,500 sq ft party room with wet bar, kitchen, gas fireplace, games table, billiards & more!
• Underground heated parking, laminate flooring, window coverings, and six appliances included • Customize your suite with a complimentary interior design consultation • Natural gas fireplaces* • Just minutes from shopping, dining & many other amenities
• The aquatic centre is equipped with an indoor pool, hot tub, locker rooms, steam room & outdoor patios • Suites include window coverings, six appliances, heated underground parking & in-suite laundry *On Select Suites. See Sales Associate for details.
*On Select Suites. See Sales Associate for details.
NORTHEAST
SOUTHWEST Call Trent
SOUTHWEST
DR
ELLERSLIE RD
Condos FROM
• Exceptional landscaping with easy walkability to neighborhood amenities, parks & ponds
*On Select Suites. See Sales Associate for details.
*On Select Suites. See Sales Associate for details.
SOUTHWEST
Condos FROM
2013 excellence in housing award winner
• Guest suite, leisure centre & rooftop terraces
• Located in Edmonton's only exclusive lake side community with swimming, boating, fishing, skating, cross country skiing, sledding and so much more
*On Select Suites. See Sales Associate for details.
Call Katie ALLARD LINK SW
30 AVE SW
• Engineered hardwood floors
• Amenities including fully equipped fitness centre, three social rooms with theatre, games, dining & butler kitchen, & rooftop terraces
SOUTHWEST
1144 Adamson Drive SW
• Heated underground parking & storage
GATEWAY BLVD
ELLERSLIE RD
• Stainless steel appliances
66 ST
ANTHONY HENDAY DRIVE
111 ST SW
*On Select Suites. See Sales Associate for details.
• Hunter Douglas window coverings & six appliances included
T SW
• Two storey lobby
• Double, triple and quadruple private garages available
• Overheight ceilings
70 S
• Customize your suite with a complimentary interior design consultation
includes GST
• Beautiful park views
68A AVE
SCHONSEE WAY
167 AVE
WHYTE AVE
Call Mick
D
LL R
Y ARG
780.476.1137 6070 Schonsee Way
SOUTHCENTRAL SHERWOOD PARK FWY
75 ST
• Beautiful ravine views*
$227,080
• NEW SHOWSUITES NOW OPEN
91 ST
• 9' ceilings on all floors
• Gas line to balconies with optional gas line to ranges
No condo fees for a year*
• Cast in place concrete construction
CALGARY TR
includes GST
RABBIT HILL RD
$179,900
concrete Condos FROM
66 ST
• Walking distance to a vibrant new town centre, future LRT station & recreational complex, Blackmud Creek Ravine & much more
• Designer kitchens complete with upgraded appliances
76 ST
8583 metallic
Quartz countertops to the next 5 purchasers*
111 ST
PMS 2204: 32C2M7Y1K
• Oversized balconies
82 ST
PMS1545: 53M100Y72K
Condos FROM
• Cast in place concrete structure
c o so m o ing n
Granite countertops to the next 2 purchasers*
WHITEMUD DR
Call Amanda
780.461.1622 7825 - 71 Street 2013 excellence in housing award winner