Edmonton New Condo Guide - Mar 28, 2014

Mar 28 - Apr 25, 2014 Volume 22 Issue 04

INSIDE THIS ISSUE

WHY RENT WHEN YOU CAN BUY?

AWARDS OF EXCELLENCE IN HOUSING: WINNERS ANNOUNCED!

BRINGING HOT MIAMI STYLE NORTH

MORE TIME MORE CHOICE

MORE FREEDOM The Name In Active Adult Living THE NAME IN ACTIVE ADULT With over 30 years of experience creating award winning multifamilyLIVING urban villages for adults Withseniors, over 30 years of experience creating award urban villages forsurrounding adults and seniors, and Christenson Developments haswinning been multi-family providing Edmonton and with Christenson Developments has been providing Edmonton and surrounding areas with more than just a home. more than just a home.

McCrae Estates

Reflections

Eton Park Villas

of Emerald Hills, Sherwood Park Includes: INCLUDES: • Spacious floorplans Premium finishings ••Spacious floorplans 6 Appliances ••Premium finishings ••6Underground appliances parking • Underground parking • 9’ ceilings

Sherwood Park Includes: INCLUDES: • Concrete and steel construction ••Granite coutertops Stainless steel appliances ••Stainless steel appliances Hardwood, granite, & ceramics ••9’Staring ceilings from $259,800 • Air conditioning • Underground parking

services.

Includes: INCLUDES: • Finished basements and GST ••Steel and steel concrete construction Stainless appliances ••1 Granite, + 2 bedrooms + den hardwood, ceramics ••490 - 1135 sq. ft.

Immediate possessions available • Full kitchens • In-suite laundry • Air conditioning

Eton Park Estates PH: 780.406.7530 PH: 587-594-2947 Edmonton, Located In Award Winning Located in the urban community Village at Griesbach

Refl ections PH: 780.975.8866 PH: 780.410.0004 Sherwood Park, At Centre In Located in Centre in the Park, The Park

Village at Westmount PH: 780.903.2465 PH: 780.452.2030 Sherwood Park, Adult Bungalows, Only 3 Independent Living with optional Remaining!

CALL FOR MORE INFORMATION OR VISIT A SALES CENTRE TODAY

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

Village at Westmount ST.ALBERT

Emerald Hills

Eton Park Place COMING SOON

Eton Park Villas Eton Park Estates

Alta Vista Glastonbury Village

EDMONTON SHERWOOD PARK

Southwoods Center At The Park Bedford Village Reflections

Legend

LEDUC

Senior Community

Devonshire Village

Villas/Bungalows Estate Condos

Avalon Villas

Villas/Bungalows McCrae Estates Eton Park Villas PH: 780.406.7530 • 780.903.2465 Edmonton, Located in Award Villas At Lacombe Park Winning at Griesbach •Village 780.903.2465 INCLUDES:

Avalon Villas

• • • •

• 780.995.3713 Spacious floorplans Premium finishings 6 appliances Underground parking

Estate Condos VillasAlta at Lacombe Park Vista PH: 780.903.2465 • 780.497.7245 St. Albert, Adult Bungalows

McCrae Estates • 780.406.7530

INCLUDES: Reflections • • • •

• 780.975.8866 Finished basements and GST 6 appliances Eton Park Estates • 780.975.8866 Hardwood and ceramics Spacious floorplans

Senior Living Avalon Villas Glastonbury Village PH: 780.995.3713 • 780.934.6636 Leduc, Adult Bungalows

Bedford Village • 780.975.8866

INCLUDES: Citadel Village • 780.934.6636 • Finished basements and GST • 6 appliances Devonshire Village • 780.934.6636 • Hardwood and ceramics • Spacious floorplans Southwoods • 780.432.3222

VISIT US ONLINE AT CDLHOMES.COM 3

$170’s

$200’s

$330’s

4

Luxury

Developments by

IN A COMPLETE PACKAGE Experience the richness of these luxurious condos with close proximity to the Anthony Henday, World Class Shopping, Theatres, Restaurants, Parks and Walking Trails.

www.VIPliving.ca

Mon - Thur 1:00pm - 7:00pm Sat, Sun & Holidays 1:00pm - 5:00pm Closed Fridays

Show Home: 780.930.1518 (Karen/Crystal) Cell: 780.445.4248 (Karen)

Y OR CTG !

U OD CIN ON TR RI SO IN P DS EN

www.TheQuayCondos.ca

P: 587.524.0259

www.abbeylanehomes.com

5

LIFE BEGINS WHEN THE KIDS MOVE OUT. FIND OUT HOW YOU CAN HELP. K i d s . T h e y g r o w u p f a s t b u t m o v e o u t s l o w. G i v e t h e gift of freedom with a down payment on a new Ion Condominium. Someday they are going to have to head out on their own, so give them the help to start their new life in a fully-featured condo.

Experience having your place to yourself again.

You may just realize that you’ve done both of you a favor.

1 bedroom from

188,279 +GST 877/mth from

2 bedroom from

263,178+GST 1226/mth from

PREMIUM A LA CARTE FEATURES STAINLESS STEEL APPLIANCES

1 & 2 bedroom apartment-style condos

ENGINEERED WOOD FLOORING

Move in Now

QUARTZ WATERFALL COUNTERTOPS

ION SITE AMENITIES LIFE FITNESS EXERCISE FACILITY COURTYARD WITH BBQ AREA

CERAMIC TILE

GUEST SUITE ENTERTAINMENT ROOM WITH 10’ TV

HEATED UNDERGROUND PARKING

SCREEN

2014 Awards of

EXCELLENCE in HOUSING

ioncondos.com 2584 Anderson Way SW • Mon-Thurs 2 - 8 pm Sat, Sun & Holidays 12-5pm • 780.756.3881

/JaymanModus

TABLE OF CONTENTS

Mar 28 – Apr 25, 2014 VOLUME 22 ISSUE 04

ON THE COVER

Carrington Communities

COLUMNS, NEWS & FEATURES

58 018 EDITOR’S NOTE COLUMNS

038 INDUSTRY UPDATE Why rent when it makes more sense to buy?

BY JIM RIVAIT

042 THE MORTGAGE MINUTE Separating fact from fiction for first-time homebuyers

BY PETER KINCH

NEWS & FEATURES

024 CHBA AWARDS Winners announced for 2014 Awards of Excellence in Housing

046 TIPS & TRICKS Packing tips to make your move a little easier 058 DESIGNER ADVICE South Beach style

BY YANIC SIMARD

070 IN THE NEWS CMHC to increase mortgage insurance premiums 074 CITY LIVING Alyssa Reid’s favourite 5

BY ELISA KROVBLIT

076 HOT TOPIC Sustainable neighbourhoods: Eco conscious and convenient

078 MONEY MATTERS We’re having a baby!

BY GAIL VAZOXLADE

HOMEBUYERS’ RESOURCES

056 WEB DIRECTORY 087 HOMEBUYERS’ HELP Condo Buyers’ Resource Section 090 HOMEBUYERS’ HELP Condo hunter’s checklist

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri ART DIRECTOR

Sarah Jang EDITOR

Lydia McNutt CONTRIBUTING EDITORS

Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR

74

Yanic Simard

42

SENIOR MEDIA CONSULTANT

Shelley Balla 587.784.4044

PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Hannah Yarkony GRAPHIC DESIGNER

Caroline Wassef

Published By

PO Box 458 Station Main Edmonton, AB T5J 2K1

COPYRIGHT 2014 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.

24 PROJECT LOCATION MAPS

031 South West 039 South East 041 Sherwood Park 043 Leduc 045 Beaumont 047 North East 055 Fork Saskatchewan 057 Gibbons 060 Morinville 061 St. Albert 063 North West 067 West 069 Spruce Grove & Stony Plain 071 South Central 079 Downtown

ADVERTISING RATES

58

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.

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 12 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

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.

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 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 $280’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 in Secord at 217 St, just off of Secord Blvd.

To get to Secord, turn off the Whitemud onto Secord, turn left on Secord Blvd & follow the signs. Check out www.secordcorners.ca for more details too.

YELLOWHEAD TRAIL

STONY PLAIN RD.

GREEN DR. 87 AVE. N W

R

SECORD Sales Center

178 ST.

WEBB E

ANTHONY HENDAY DR.

217 ST.

Lake

215 ST.

WINTERBURN RD. BLVD. ORD SEC

STONY PLAIN RD.

WHITEMUD DR.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 13

A FORWARD-THINKING heritage community

C

ome and be a part of an exciting new urban village in one of Edmonton’s most historic neighbourhoods! Station Pointe Village, is a great community for first-time buyers, families and seniors alike. 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 selected BCM Developments, to be a part of the project. We’ve been building in Western Canada for over 30 years, and we build with our non-combustible patented steel and concrete system and use 80% post-consumer recycled materials and less than 1% wood—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 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 family-friendly communities.

*EO&E 14

For more information visit us online at stationpointe.com or call 780-490-6008.

NOW UNDERWAY

SALES CENTRE

PRE-SALES STATION POINTE PRICING

Here’s why

should be your next home!

1 BEDROOM + DEN 2 BEDROOM, 2 FULL BATH 3 BEDROOM, 2 FULL BATH

THE BEST MORTGAGE RATES and buyer programs around. Come in and get the details.

Retail space available for purchase or lease (21,160 sq/ft)

BEST TIME TO SELECT 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*)

Ø Non-combustible Ø Transit-oriented development Ø 1 block from Belvedere LRT Station Ø Patented steel & concrete development Ø Sustainable ECO friendly development Ø Low condo fees Ø Secure underground parking Ø Large amenity spaces Ø Family friendly, multi-generational community in place for over 30 years.

BEST BUYERS INCENTIVES* such as the Smart Buy™Buyers Program. If you can’t put down all your down payment, no problem! We can work out the details. Give us a small deposit to get started & over the course of several months, we will help you build up your total down payment that’s needed.

UP TO 12 MONTHS of free condo fees up to ($3600.00*) FREE UPGRADED Window Blinds throughout ($3500.00*) FREE 12 MONTHS of Home Telephone, Internet, and PVR equipment. ($1500.00*).

ON SITE COMMERCIAL shopping and amenities such as doctors, dentist, daycare and restaurants. Come see us to buy or lease your next new commercial location.

Receive over $25,000* in buyers incentives and upgrades.

EDMONTON’S URBAN VILLAGE STEEL & CONCRETE CONSTRUCTION

STARTING FROM

199,900

$

www.stationpointe.com 780-490-6008 myhome@stationpointe.com We love Realtors!

Realtor and Builder Cooperation.

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 15

G R A N DE DE S IG N T OW N HOM E S

Home chefery like easy peasy lemon-squeezy Smart and stylish design makes for some mean cuisine, and that’s what Grande Design homes are all about. But when it comes to quality craftsmanship, our homes couldn’t be more traditional.

Grande Design townhomes are sleek, chic and dazzlingly modern in look, but built to last.

Visit GrandeDesign.ca for more information.

PRINCETON COURT 780-570-5065 Sherwood Park

Prices starting in the $300’s

16 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

Modern Homes. Classic Values.

•

1781 sq. ft. suites

•

Double garage

•

Smart floor plans

•

•

Spacious suites – lower level den

Close proximity to new school, Emerald Hills Shopping Centre, hospital and Millennium Place

COVENTRY HOMES

2014 CHBA

AWARD WINNER

Best Single Family $350,000 - $450,000 * for the Paradise bungalow in Aurora Best Single Family $350,000 - $375,000 * for the Omega two-storey in Schonsee

* Sales - Platinum level winner - Darren Rose * Second place for Builder of the Year (large volume) Finalist in the category Best Multi-Family Townhouse/ *Duplex $330,000 - $425,000

Proud to be selected by respected colleagues in the industry. www.coventry-homes.com

EDITOR’S NOTE

THINK YOU CAN’T AFFORD A HOME? THINK AGAIN!

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

Much like that bank commercial that says, “you’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you only need to change your definition of “home” to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise condo suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for a new place to call “home.”

Not only does condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you can often opt to remain in the same neighbourhood, since many buildings and townhome communities offer a mix of designs and sizes, which allow families to relocate easily without having to change jobs or schools. Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum.

Now is an exciting time to be shopping for a new home, so don’t miss this excellent buying opportunity. The home of your dreams is waiting!

THOSE “SUITE” EXTRAS

LYDIA MCNUTT

EDITOR

Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

It’s been a particularly bitter winter, but spring is finally here and beneath that layer of ice and snow, the real estate market is alive!

This is a busy time of year for condo builders and developers, who will be launching many new projects in the coming weeks. There’s lots of competition, and many builders are offering more than a great price to entice homebuyers.

From beautiful suite layouts and finishes, to luxurious amenities, condo builders know that the new generation of homebuyers is a sophisticated breed who wants top-of-the-line finishes, smart features, and efficient layouts that make 700 sq. ft. feel like much more.

When considering your home’s features, look beyond the four walls of your suite. If you enjoy working out at the gym or doing some laps in the pool, choosing a condo with these amenities built right in will save you travel time and membership fees, not to mention boosting the resale value of your home, should you ever choose to sell it.

As an added bonus, some builders may cover your maintenance fees for a year, or are offering special promotions to sweeten the deal. Get out there and explore everything Edmonton has to offer, and consider those little extras that may tip the scales in favour of one condo over another.

Remember to compare apples with apples. If there are dramatic differences in price, find out why and then decide where your money is better spent. Best of luck in your search!

18 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

19

ARE YOU IN THE RIGHT PLACE, AT THE RIGHT TIME?

In the last article we discussed a broad overview of general

The interesting thing about consumers is their state of mind

consumer trends and how the landscape is migrating

when they’re searching for information. If a consumer is

online more and more every day. Staying with this theme,

actually looking for a new home they become much more

we’ll now dig deeper into consumer behaviour and some of

receptive to advertising campaigns because it helps

the psychology that prompts marketing professionals to

narrow down options. However, if the consumer is in

pitch particular campaigns or ad placements.

relaxation mode and catching up with old friends, that same advertising campaign can seem like a nuisance.

Let’s be frank, everyone has his or her own quirks and

Companies need to be found by the consumer at that exact

characteristics. Trying to get inside the ‘mind space’ of

moment when they’re looking for your product – in the right

consumers and understand the psychology and motiva-

place, at the right time. How is your company doing in the

tions behind their behaviour is a science in itself. With an

battle to entice consumers?

unprecedented amount of information and connectivity at their fingertips, it’s a tricky task for marketing professionals

So, let’s say a consumer decides to buy a new home. What

to engage, build and maintain a strong brand, especially in

is the first thing they do? Where do they find information?

Edmonton’s hectic real estate industry. The competition is

Who do they talk to? And which home builder brands do

fast and fierce and if you’re a step behind that gap grows

they associate with buying a new home? There are count-

more every day.

less home builders to consider who have many different home styles to pick from. Obvious things to contemplate

Every year in the City of Champions roughly 6% of house-

will be: location, price, esthetics, reputation, previous expe-

holds purchase real estate in a decision-making cycle that

rience and customer service. Six per cent of Edmontonians

typically takes 3-6 months. Buying a home and shelling out

(roughly 30,000) will take part in this home buying process

six figures is a very personal (and usually daunting) experi-

this year, and they’ll be searching for information, asking

ence. It’s not like switching your pop brand from Coke to

questions and scrutinizing home models until they’ve found

Pepsi, or your toilet paper brand from two-ply to an impen-

the perfect fit. At the end of the day, the biggest questions

etrable three-ply. It’s practically impossible to find another

consumers need to answer are: which home builder will

industry that prompts consumers to make such a drastic

they pick, and why?

and life-changing decision; and the marketing and sales departments responsible for engaging this 6% have their work cut out for them.

Intelligence House is Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on market intelligence as well as full marketing and sales services to real estate industry professionals.

20 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

It really is about what’s inside.

Take the time to see the difference built into every Landmark home.

FULLY-LOADED CONDOS

STYLISH TOWNHOMES

SPACIOUS DUPLEXES

ASpen MeAdowS 5 | now SoLd oUT! ASpen MeAdowS 6 | 50% SoLd! FRoM $180s | 780-701-3085 Visit our Show Suite at Aspen 5, 2203-44 Avenue

CAeRnARVon | FiRSTpLACe* | 780-702-8360 CHARLeSwoRTH | FRoM $280s | 780-702-8311 CLAReView | FRoM $280s | 780-702-3124 LAkeLAnd Ridge | FRoM $250s | 780-702-7261 LARCH pARk | FRoM $480s** | 780-702-3120 MAgRATH | FRoM $360s | 780-702-3120 TAMARACk | FRoM $280s | 780-702-8317

CHARLeSwoRTH | FRoM $300s 780-702-8311

wALkeR LAkeS | CoMing Soon!

Visit our website & email for information.

LAkeLAnd Ridge | FRoM $310s 780-701-7261 TAMARACk | FRoM $290s 780-702-8317

*Landmark is committed to the City of Edmonton’s First Place Program which offers first-time home buyers affordable, entry-level housing. *Landmark is committed to the City of Edmonton’s First Place Program that offers first-time home buyers affordable, entry-level housing.

VISIT OUR BEAUTIFUL HOMES IN:

ASPEN MEADOWS • CLAREVIEW • CHARLESWORTH CAERNARVON • LAKELAND • LARCH PARK MAGRATH • TAMARACK • WALKER LAKES

HOURS OF OPERATION:

Mon-Thurs: 3 – 8pm Friday: Closed Sat, Sun & Holidays: 12 – 5pm

LandmarkGroup.ca

* Starting price will vary between community, please call for more exact pricing. ** From the $490s including $10,000 CCEMC rebate

You’re ready to make your move

Convenient appointment, day or night, home or office • Competitive rates on a wide selection of mortgages •

For convenient mortgage service, contact: Nancy Bruno-Romeo Mobile Mortgage Specialist Tel.: 780-973-8892 Cell: 780-908-7183 nancy.bruno@bmo.com What’s next for you?

® Registered trade-mark of Bank of Montreal.

Mortgage Expertise at Your Doorstep 24/7 74_BMO_20/13

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 21

Coming soon

On Stands Now! Watch it!

Octoberfor 2012

BUILDER & DEVELOPER

A Comprehensive Guide to Edmonton’s Builders, Developers and Communities

The stories behind Edmonton’s top builders, developers & new communities

Dear Mortgage, I’m taking time off to give something back.

Take time off from your mortgage payments.

A flexible mortgage from TD lets you dedicate time to making the world a better place. Just add a little extra to your regular payments and you could have the option to take a payment vacation for up to four months1. It’s just one of TD’s flexible mortgage features.

Visit a branch or tdcanadatrust.com/paymentvacation

1

Conditions apply. See us for details. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 23

chba awarDs

InnOvatIOn, DeDIcatIOn anD cOMMItMent

On Mar. 15, 2014, the

Canadian Home Builders’ Association - Edmonton Region hosted its 34th Annual Awards of Excellence in Housing awards gala, formerly known as the Sam Awards, to a sold-out crowd of more than 1,600 people.

The Awards of Excellence in Housing pay tribute to the best in sales and marketing ideas, outstanding products, superior home building, and exceptional neighbourhoods.

Established in 1954, the Canadian Home Builders’ Association – Edmonton Region, represents more than 400 member companies comprised of builders, developers, renovators, trade contractors, manufacturers, suppliers, designers, engineers, financial institutions, and a host of allied professionals.

Congratulations to all the winners and finalists of the 2014 Awards of Excellence in Housing!

24 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

aDvertIsIng

best Print advertising

Brookfield Residential

Chappelle Gardens MLC GROUP Move Up To Windermere South Walton Development and Management Woodhaven - Edgemont Fall 2013 Bedrock Homes Perfect Fit Walton Development and Management Hawks Ridge at Big Lake - Summer 2013 Carrington Communities Get into YOUR Element best radio commercial

Maclab Enterprises

Piece of Quiet Rohit Land Development Starling Grumps Carrington Communities Customer Testimonial Landmark Group of Builders The Doghouse Homes by Avi Avi Stories Jayman MasterBUILT Jayman Corporate Radio campaign

best Digital Media campaign/Mobile aPPs

Beaverbrook

Don’t Be Beige Canada Lands Company One and Done Pricing Rohit Land Development Starling Kiosk Connect Homes Ltd. Connect With Us Bedrock Homes Ask Bedrock Homes Videos

best Direct Mail/ email Promotion

Vicky’s Homes

Vicky’s Homes’ Inspirational Bags Beaverbrook 50 Shades of Beige Vicky’s Homes Purse Postcards Carrington Communities Escape to E’scapes Homes by Avi Summerside Grande Blvd best Indoor/Outdoor advertising

Sterling Homes (Edmonton) Ltd.

Pacesetter Homes Pacesetter Homes Brochure Package best website

Brookfield Residential

theorchards.ca Alldritt Land Corporation mygranville.com Kimberley Homes buildwithkimberley.ca Vicky’s Homes vickyshomes.ca Look Master Builder Inc lookhomes.ca

Rohit Communities

builder/realtor co-Operation award

Koshy Cheriyan

general Member salesperson of the Year

realtOr awarDs

ReMax Real Estate Centre Gary Gordon Century 21 Choice Realty Kulwinder Toor Realty Executive Polaris sales PeOPle

rookie of the Year single/Multi-Family

Carringtion Communities

best brochure Package

Carrington Communities

sales Person/team of the Year - single Family

Allure Condominiums Carrington Communities E’scapes Condominiums Royal West Homes Inc. Altitude Perry Signature Homes Inc. Perry Welcome Brochure

sales Person/team of the Year - Multi-Family Wende Campbell Sterling Homes (Edmonton) Ltd. Brett Chartrand Rohit Communities Kim Johnson Pacesetter Homes Dan Gibson Daytona Homes Jennifer Schwitzer

Dina Zejnilovic Sterling Homes (Edmonton) Ltd. Warren Berg Canyon Spring Master Builder Inc. Sarah Romanovich Look Master Builder Inc. Meera Gill Jayman MasterBUILT Saja Hadi

Smart Comes Standard Daytona Homes Connect Anytime Anywhere Morrison Homes Homes Change Jayman Modus More is Better Carrington Communities Jade Condominiums

Kanvi Homes Betty Semeniuk Coventry Homes Darren Rose

Pacesetter Homes

Carla Weinmeyer Landmark Group of Builders Susan Alao Rohit Communities Blair Robertson

Progressive Home Warranty Solutions Inc. John Eaton Icon Flooring (2010) Inc. Kim Stenson Alberta Hardwood Flooring Elizabeth Ninkovic Wood & Energy Store Roman Boychuk All Weather Windows Yvonne Markey

DevelOPMent

best community entrance, logo & signage

Alldritt Land Corporation

Granville Beaverbook Upper Windermere Rohit Land Development Callaghan Brookfield Residential The Orchards at Ellerslie Brookfield Residential Chappelle Gardens

best community landscaping & amenities

Canada Lands Company

Village At Griesbach Rohit Land Development Starling at Big Lake Brookfield Residential Lake Summerside Rohit Land Development Callaghan Beaverbrook Upper Windermere

best show home Parade

Beaverbrook

Greenbury Brookfield Residential The Orchards at Ellerslie Rohit Land Development Starling at Big Lake Canada Lands Company Village At Griesbach Brookfield Residential Chappelle Gardens best community

Brookfield Residential Lake Summerside Beaverbrook Upper Windermere Alldritt Land Corporation Granville MLC GROUP Allard Canada Lands Company Village At Griesbach

enviromential recognition Bedrock Homes Dolce Vita Homes Effect Home Builders Gable Investments Ltd. Habitat Studio Jayman MasterBUILT Landmark Group of Builders Perry Signature Homes Inc. Tapestry Developments Inc.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 25

leaDershIP

best leader Rohit Communities Sterling Homes (Edmonton) Ltd. Landmark Group of Builders Kimberley Homes Jayman Habitat Studio Brookfield Residential aPartMent stYle

best Multi-Family under $250,000

StreetSide Developments

Canterbury Landmark Group of Builders Spruce Jayman Modus The Tesoro Carrington Communities Palladium Park Homes Ltd. B3 best Multi-Family $250,000 to $350,000

StreetSide Developments

Durham Carrington Communities Addison I Jayman Modus The Vesper best Multi-Family over $350,000

Carrington Communities Lammond StreetSide Developments Brighton StreetSide Developments Rutherford Jayman Modus The Chatelier

tOwnhOuse/ DuPlex stYle

best Multi-Family under $275,000

Homes by Avi

Marshall Homes by Avi Bruno Sterling Homes (Edmonton) Ltd. Summation Sterling Homes (Edmonton) Ltd. Sensation Rohit Communities Jade best Multi - Family $275,000 to $300,000

Bedrock Homes

best Multi-Family $330,000 to $425,000

Kimberley Homes

Essence Jayman MasterBUILT Nitro O Dolce Vita Homes Palermo Sabal Homes Atwood A Encore Master Builder Inc. Emerald Coventry Homes Inc. Warwick best Multi-Family over $425,000

Dolce Vita Homes

Capri Kimberley Homes Intrigue Rohit Communities Lincoln Christenson Developments Slater Residence Christenson Developments Burns’ Residence

Birk Daytona Homes Elantra Landmark Group of Builders Opal Park Homes Ltd. A Daytona Homes Astra

aPartMent buIlDIng

best Multi-Family $300,000 to $330,000

Jayman Modus

Marcson Homes Ltd.

The Oliver Sterling Homes (Edmonton) Ltd. Sensation Marcson Homes Ltd. The Olivia Brookfield Residential Hemingway City Homes Master Builder AGRA G2

26 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

best apartment building The Ion StreetSide Developments Windsor Estates StreetSide Developments Element Lofts & Flats Carrington Communities Waterstone Condominiums Rohit Communities The Essex

tOwnhOuse/DuPlex DevelOPMent

best townhouse/ Duplex Project

Landmark Group of Builders

Magrath Green Brookfield Residential Mosaic Shores Brookfield Residential Mosaic Vista Rohit Communities Callaghan Ravines Park Homes Ltd. Mirra

sales centre

best sales & Information centre - single Family

Jayman MasterBUILT

Orchards Perry Signature Homes Inc. Keswick on the River Infiniti Master Builder Inc. Estates of Granville Sterling Homes (Edmonton) Ltd. Tamarack Common Morrison Homes Hawk’s Ridge best sales & Information centre - Multi-Family

Carrington Communities Ellerslie - Wernerville (E’scapes Conominiums) Sterling Homes (Edmonton) Ltd. The Terrace at Schonsee Jayman MasterBUILT Southfork - Leduc Carrington Communities Rosenthal Rohit Communities Callaghan North

best Design centre/ show room

Qualico Group

Design Q Morrison Homes Morrison Homes Selection Studio Modern Kitchens and Closets Edmonton & Area All Weather Windows Edmonton & Area Fireplaces by Weiss Johnson Argyll Icon Flooring Edmonton sIngle FaMIlY wIthOut attacheD garage

best single Family under $250,000

UrbanAge Homes Inc.

Design 18 Homes by Avi Ivan Homes by Avi Sebastian Daytona Homes Eclipse Pacesetter Homes Bosley

best single Family $250,000 to $300,000

Pacesetter Homes

Lexi B Jayman MasterBUILT Renew SD Pacesetter Homes Paladin Daytona Homes Scion Landmark Group of Builders Hudson 20

best single Family over $300,000

Perry Signature Homes

Newport Green Living Homes Ltd. The Twin Ravine Pacesetter Homes Winchester Habitat Studio Lofty Experience Landmark Group of Builder Franklin 20 bungalOw / bI-level

best single Family under $350,000

Daytona Homes

Versa IV Crimson Cove Homes Inc. Ryton Residence Crimson Cove Homes Inc. Revilla Residence Rohit Communities Berkely Alldritt Homes The Southampton best single family $350,000 to $450,000

Coventry Homes Inc.

Aurora Paradise Sterling Homes (Edmonton) Ltd. Orlando Coventry Homes Inc. Custom Splendor best single Family over $450,000

Perry Signature Homes Inc.

Greyhawk White Eagle Homes Ltd. The Onyx Rococo Homes Inc. Myshak Residence

White Eagle Homes Ltd. The Blue Pearl Kimberley Homes Cash & Cars 2013 twO stOreY / sPlIt-level wIth attacheD garage

best single Family under $275,000

Homes by Avi

Yorkdale Look Master Builder Inc. Aspire Homes by Avi Hopkins Rococo Homes Inc. The Cottonwood Model Alldritt Homes The Kent best single Family $275,00 to $300,000

Tristate Signature Homes Malbec Homes by Avi Foster Daytona Homes Benz Prominent Homes Edmonton Ltd. Sedona-I ReidBuilt Homes Cardston 2

best single Family $300,000 to $325,000

Homes by Avi

Wellesley Homes by Avi Caldwell Daytona Homes Austyn III Crimson Cove Homes Inc. Breitkreitz Residence San Rufo Homes Ltd. Anthony

best single Family $325,000 to $350,000

Crimson Cove Homes Inc. O’Regan Residence Cameron Homes Inc. J. Thomas Daytona Homes Escalade Marcson Homes Ltd. The Mikaela Look Master Builder Inc. Mirage best single Family $350,000 to $375,000

Coventry Homes Inc. Omega Pacesetter Homes Gabriel Pacesetter Homes Madison E Dolce Vita Homes Aspen Daytona Homes Benz IV

best single Family $375,000 to $425,000

Marcson Homes Ltd.

The Kimberley Kimberley Homes New Hampshire V Celebration Homes Ravines of Richford Custom Home San Rufo Homes Ltd. Nicholas II Bedrock Homes Catalina

best single Family $425,000 to $500,000

UrbanAge Homes Inc.

The Copperwood White Eagle Homes Ltd. The Emilia #2

27

White Eagle Homes Ltd. The Emilia #1 Vicky’s Homes The Cruz Bedrock Homes Montana best single Family $500,000 to $600,000

Kimberley Homes

New Hampshire IV Canyon Spring Master Builder N/G Home Rococo Homes Inc. Houston Residence Pacesetter Home Georgia Canyon Spring Master Builder Inc. Basilla II best single Family $600,000 to $750,000

White Eagle Homes Ltd. The Blue Diamond #1 Celebration Homes Fountain Park White Eagle Homes Ltd. The Blue Diamond #2 Kimberley Homes Buena Vista Vicky’s Homes The Hayden best single Family $750,000 to $1 Million

Perry Signature Homes Inc.

Chelsea Kimberley Homes New Hampshire IV Landmark Group of Builders Chopin I Infiniti Master Builder Inc. CASA

San Rufo Homes Ltd. Kaitlyn II anY stYle MODel

best estate home over $1 Million

Rimrock Elevations

The Opulence Habitat Studio the Tulikivi Iconic Estate Homes Inc. The Illustrious Bengel Contracting Ltd. Fleischhacker Residence Vicky’s Homes The Wave

sales awarDs

sales volume awards Platinum $23–$36 Million Pacesetter Homes David Edmiston Pacesetter Homes Dan Gibson Pacesetter Homes Carla Weinmeyer Sterling Homes (Edmonton) Ltd. Erik Eisen ReidBuilt Homes Steve Bosse Coventry Homes Inc. Darren Rose Dolce Vita Homes Darryl Rose Brookfield Residential Kelly Boone sales volume awards gold $21–$22 Million Brookfield Residential Yasemin Ozbey ReidBuilt Homes Biljana Spasojevic

28 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

Sterling Homes (Edmonton) Ltd. Narda Arballo Carrington Communities Dina Zejnilovic Parkwood Master Builder Jill Toshach Carrington Communities Jeremiah Cleary sales volume awards silver $18–$20 Million

Bedrock Homes

Christina Reid Crimson Cove Homes Inc. Muriel McKay Brookfield Residential Sheila Hang Jayman MasterBUILT Saja Hadi Landmark Group of Builders Ying (Linda) Cheng Alldritt Homes Wende Black Rohit Communities Kim Johnson Kanvi Homes Betty Semeniuk Daytona Homes Curtis Frew

Sabal Homes Christopher Wigeland bY awarDs

builder of the Year small volume

Kimberley Homes

Look Master Builder Inc. Morrison Homes Habitat Studio Encore Master Builder Inc. builder of the Year large volume

Homes by Avi

Coventry Homes Inc. Daytona Homes Sterling Homes (Edmonton) Ltd. Pacesetter Homes builder of the Year Multi - Family

Carrington Communities StreetSide Developments Sterling Homes (Edmonton) Ltd. Rohit Communities Encore Master Builder Inc.

sales volume awards bronze $17 Million

PhbI new hOMe buYers chOIce awarD wInners

Sabal Homes Lyndsey Dohanik Jayman MasterBUILT Mike Marsh Jayman MasterBUILT Derek Poworoznik Sterling Homes (Edmonton) Ltd. Brett Chartrand Sterling Homes (Edmonton) Ltd. Vanja Lugonja

Lang Built Homes Cameron Homes Inc. Homes by Avi (Edmonton) LP Homes by Avi Urban (Walker Lakes) Inc. Brookfield Residential Alberta LP Carrington Construction Edmonton Ltd.

2014 Awards of

EXCELLENCE CELLENCE in HOUSING

C H BA

E D M O NTO N

AWAR DS

O F

E XC E LLE N C E

I N

HO USI N G

Celebrating Excellence Congratulations to the winners and finalists of this year’s Awards of Excellence in Housing. Your achievements represent the best of the best within the residential construction industry.

SouthWestEdmonton 51 Ave.

105 St.

119 St.

40 Ave.

SOUTH

WHITEMUD DR.

34 Ave.

Rabbit Hill Road

2

19

11Saddleback Rd.

19 Ave. 9 Ave.

15 7 22 10

13

Anthony Henday Dr.

James Mowatt Tr.

Ellerslie Rd.

3 5 18 9 8 12 23

127 St.

16

141 St.

Ellerslie Road

21

23 Ave.

Blackburne Drive

30 Ave.

50 St.

MacEw an Road

91 St.

6

20

17

Parsons Rd.

4

Dr.

101 St.

Ha dd ow

14

91 St.

23 Ave.

66 St.

1

Calgary Trail North QE II

Lansdowne Dr.

104 St.

Belgravia Rd.

111 St.

North Saskatchewan River

Ter will ega rD r.

ay Dr. y Hend Anthon

Riverbend Rd.

Fox Dr.

113 St. 109 St.

76 Ave.

QUESNELL BRIDGE

41 Ave.

MAP LISTINGS 1 THE LEGER

BY BRASS III DEVELOPMENTS

625 Leger Way 2 W ATERSTONE IN MACTAGGART MAINS

BY CARRINGTON COMMUNITIES

6079 Maynard Way 3 C ALLAGHAN RAVINES

BY ROHIT COMMUNITIES

1623 James Mowatt Tr 4 ION IN AMBLESIDE

BY JAYMAN

2582 Anderson Way, SW 5 R UTHERFORD LANDING

BY CARLISLE GROUP 11804 - 22 Ave. SW

6 V ILLAGE AT LANGDALE

11 MAGRATH GREEN

BY LANDMARK COMMUNITIES

BY ROHIT COMMUNITIES

2003 Rabbit Hill Rd.

704 - 176 Street SW 7 WINDERMERE MANSIONS

12 C REEKWOOD CHAPPELLE

BY ROHIT COMMUNITIES

BY WESTRICH PACIFIC

1350 Windermere Way SW

504 Chappelle Dr. SW 13 E’SCAPES

BY CARRINGTON COMMUNITIES

8 C ALLAGHAN LANDING

11080 Ellerslie Road

BY ROHIT COMMUNITIES

1778 Cunningham Way

14 L ’ATTITUDE STUDIOS

BY CARRINGTON COMMUNITIES

9 ELAN

BY CARRINGTON COMMUNITIES

1144 Adamson Dr SW 10 ELEMENTS AT WINDERMERE

304 Ambleside Link SW 15 THE SIGNATURE

BY WESTRICH PACIFIC

5151 Windermere Boulevard

BY CARRINGTON COMMUNITIES

Windermere Blvd & Windermere Rd.

16 ELEMENTS GLENRIDDING

BY ROHIT COMMUNITIES

16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 R AVINE POINT AT MACTAGGART RIDGE

BY CAMBRIDGE MERIDIAN DEVELOPMENTS

5835 Mullen Place 18 S OUTH CALLAGHAN TOWNHOMES

BY VOCO

Corner of Casselman Link & Cunningham Way SW 19 S PARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES)

20 SOUTH TERWILLEGAR

BY PARK HOMES

4105 - 7323 South Terwillegar Dr. 21 R EGENCY AT WINDERMERE

BY ROYAL CANADIAN DEVELOPMENT INC.

723-172 St (In Langdale) 22 W INDERMERE WATERS

BY WESTRICH PACIFIC CORP

1290 Windermere Way 23 C REEKWOOD LANDING

BY CARLISLE GROUP

11804 - 22 Ave SW

BY LANDMARK COMMUNITIES

7504 May Common

SOUTHWEST EDMONTON | Call Christine 780.438.1513

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 00 and 00

CONDOS FROM $189,900 308 Ambleside Link (South off of the Henday onto Terwillegar Drive) NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 31

SOUTHWEST

SHOW SUITE NOW OPEN NEWLY DESIGNED LOFTS

NOW PRE SELLING PHASE II

A

ffordable luxury shouldn’t be an oxymoron. Case in point: Ravine Point at MacTaggart Ridge.

Designed with quality and simple sophistication in mind, Cambridge Meridian Developments have achieved just that.

• Phase 1 successfully sold within weeks of opening show suite • Ravine Units now also include a 710 SQ Ft fully developed loft with bathroom • Exclusive 73 unit community in southwest Edmonton • Almost Maintenance Free Living • Two bedroom floorplans • Open concept design for modern living

• Fully developed over three levels with 2154 sq ft of living space • Ravine backing lots will feature fully developed lofts for a total size 2564 sq ft

• Spacious 2 story units with 1535 SQ FT still available

• Double attached garages • Spacious kitchens with stainless steel appliances • High end finishing throughout • Full landscaping included • Plenty of storage & many other great features • Easy access to shopping, dining, golf courses, walking trails & schools Our impressive Showsuite is now here and ready for you to come and see! Our friendly staff are on hand to answer any questions and show you why Ravine Point is a great place to call home.

We are located at 5827 Mullen Place, just north of the Anthony Henday and off Rabbit Hill Road. Our hours are Monday - Thursday 4:00pm to 8:00pm, Saturday and Sunday 1:00pm to 5:00pm and closed on Fridays.

For more information about Ravine Point and to book a viewing, call Sam at 780-995-7744, email info@cambridgemeridian.ca, visit www.ravinepoint.com or head down to the sales centre.

www.ravinepoint.com

32

Life’s Waiting

WHAT IS THE RESIDENTIAL CONSTRUCTION INDUSTRY CONFERENCE?

IC RC

The Residential Construction Industry Conference (RCIC) is an annual two day event hosted by the Canadian Home Builders Association – Edmonton Region. With a full industry tradeshow and over 60 sessions, RCIC 2014’s speaker lineup is sure to “wow”! Delegates will learn the most up to date practices, procedures, regulations, tips and tricks to better yourself as well as your company.

Whether you are a construction worker, skilled trade, sales staff, manager or business owner, RCIC 2014, offers a unique opportunity to learn new strategies, enhance your networks and keep in touch with what’s going on in the industry today. A Sales Rally component has been introduced to the 2014 RCIC lineup. Sales Rally headliner, Jeff Shore, will be presenting two half-day sessions - one in the morning and one in the afternoon – Thursday, April 3rd. This is a must see for all sales people in the industry. Nearly every active homebuilder in the Capital Region attended last year’s conference, and even more are expected to participate this year! RCIC 2014 really is one event you do not want to miss out on.

14 20

For more information please visit the website:

www.rcic.ca

SHOW SUITE NOW OPEN N PRE S OW E PHASLLING E II

LUXURY TOWNHOMES FROM THE

RAVINE LOT UNITS AVAILABLE For more information and to book a viewing call Sam at 780-995-7744, email info@cambridgemeridian.ca, visit www.ravinepoint.com or head down to the sales centre.

420’s

$

• Stunning New Loft Design • 2154 to 2564 SQ FT • Executive Styling with Two Bedrooms • Premium Ravine Locations • Fully Developed Loft • Large Decks on Each Floor Including the Loft

SALES CENTRE: 5827 Mullen Place Monday to Thursday 4:00 pm - 8:00 pm, Weekends & Holidays 1:00 pm - 5:00 pm CAMBRIDGE MERIDIAN DEVELOPMENTS INC.

Life’s Waiting NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 33

SOUTHWEST

34

sALEs LAUNCH EVENT APRIL 5TH reGIsTer For deTAILs To ATTeNd elementsCondos.ca I HeritageValleystation.ca

ALBERTA’s #1

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CONDO BUILDER

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elementsCondos.ca

ANTHONY HENDAY DR.

MANN ING D R

L AI TR

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127 ST. SW

SALES CENTRE

22 AVE.SW

111 ST.

ELLERSLIE RD. (9AVE)

55 ST NW

66 ST NW

167 AVE NW

ASk AbOUT OUR EASY DOWN PAYMENT PLAN!

HeritageValleystation.ca

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FREE

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SALES CENTRE: 102, 11803 - 22 Avenue SW

sALes CeNTre Hours: moN -THurs 2-7 pm sAT, suN & HoLIdAYs 12-5 pm, CLosed FrIdAYs

780.977.0616 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.

TOWNHOMES

South Callaghan Estate NOW RELEA SING

PHASE 3

GREENSPAC E VIEWS

VICTORIAN STYLE 4 STOREY TOWNHOMES

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Ellerslie Road

t at ow M s me Ja

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) SW

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780.200.0135 *INCL. NET GST WITH SOME RESTRICTIONS APPLY

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37

industry update

Why rent, when

Jim Rivait is chief executive officer of Canadian Home Builders’ Association – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.

E

dmonton is in an exclusive Canadian club. Along with Calgary, we’re the only major centre in the country where the residential vacancy rate is less than 1.5 per cent.

The law of supply and demand means landlords can call the shots when vacancies are scarce, but the outlook for renters is not so sweet.

A recent report by CIBC made the case that rents are on the rise by six per cent per year in tight markets such as Edmonton – three times more than the soft markets in many other parts of Canada.

The good news for renters who are considering home ownership is that despite the strong economy, homes here remain among the most affordable in Canada.

// by Jim rivait

it makes more sense to buy?

RBC Economics regularly compares home prices to incomes to determine how much of a household’s cash is needed to pay for a home, including mortgage payments, utilities and property taxes. The conclusion? Alberta remains one of Canada’s most affordable markets and its future prospects remain bright.

“In the final months of 2013, Alberta’s housing market cooled a little and owning a home in the province became slightly more affordable, continuing to compare favourably against both national and provincial historical averages,” says Craig Wright, RBC’s senior vice-president and chief economist.

“Looking ahead this year, we expect that constructive affordability conditions, a booming provincial economy and strong population growth will continue to fuel homebuyer demand in the province,” Wright adds.

RBC pegs the cost of owning a bungalow in Edmonton at 33 per cent of income. Homebuyers in Toronto are seeing more than half of their income go to home ownership, while Vancouverites shell out an astounding 81 per cent of their incomes to own the same type of home.

Most economic forecasters see Edmonton’s energy-fueled economy continuing to grow strongly, attracting more people to the city. The region grew by almost 48,000 people in a year, according to StatsCan estimates.

That’s the equivalent of almost eight neighbourhoods the size of Ottewell in southeast Edmonton.

With rapid growth, it’s no surprise that home builders are busy, starting work on more than 14,500 homes last year – up 14 per cent in the strongest year since 2007. That guarantees there’s a wide range of choices for Edmonton homebuyers, whether they are just starting out or are moving up in the market.

Most of those homes are built by CHBA members, long-time leaders in providing home warranties that have demonstrated their commitment to excellence and customer service over the long haul. Check the CHBA Edmonton website for a list of local builders.

Despite strong activity, Edmonton homebuyers have also been cushioned against the sharp price increases seen in Calgary, where the new home price index jumped by more than five per cent compared to just four-tenths of a per cent in the Capital region.

With mortgage interest rates still at historically low levels, it may well be time to take the big step from renter to owner.

And when you consider that the average two-bedroom apartment in Edmonton will cost close to $14,000 in rent per year, this is a move that only your landlord is likely to regret.

The Canadian Home Builders’ Association – Alberta represents more than 1,500 business members including new home builders, renovators, developers, trade and supply companies, and professional services.

38 NEW CONDO GUIDE | VOLUME 22 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.

51 Ave.

38 Av e.

39 Ave.

Calgary Trail North QE II

91 St.

Millwoods Rd.

34 Ave.

6 5

4 1 23 Ave.

Ellerslie Rd.

91 St.

66 St.

50 St.

Parsons Rd.

3 10

4

30 St.

Anthony Henday Dr. 216

9

2

101 St.

MAP LISTINGS

8

43 Ave.

41 Ave.

6 TRAILS OF MILLCREEK ESTATES

1 CHARLESWORTH

BY LANDMARK COMMUNITIES

BY PARKWOOD MASTER BUILDER

5503 - 3 Ave. SW

34 St. & 35A Ave.

2 SOUTHWINDS

7 URBAN VILLAGE ON WHYTE

BY CARRINGTON COMMUNITIES

BY CARRINGTON COMMUNITIES

6084 - Stanton Dr. SW

7907 - 71 St.

3 WALKER LAKE LANDING

8 ASPEN MEADOWS

BY CARLISLE DEVELOPMENTS

Corner of Welsh Dr. & Watt Blvd SE 4 TAMARACK

BY PARK HOMES

655 Tamarack Rd.

655 Watt Blvd.

5 ELEMENTS AT LAUREL CROSSING 34 Street & 16 A Ave NW

43A Ave. & 23 St. 9 SOUTHERN SPRINGS

BY LANDMARK COMMUNITIES

BY CARRINGTON COMMUNITIES

BY LANDMARK URBAN LIVING

10 THE EDGE IN ELLERSLIE

BY DAYTONA HOMES #44, 6520-2 Avenue SW

SOUTHEAST EDMONTON | Call Riley 780.756.0096

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 00 and 00

CONDOS FROM $213,900 6084 Stanton Drive SW (East on Ellerslie Road to 70 Street) NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 39

Get involved with Sage!

Sage is a non-profit seniors’ serving organization, offering a wide range of programs that enhance the quality of life for seniors in Greater Edmonton. Get involved with Sage! Take advantage of the many resources, programs and services. Explore a variety of volunteer opportunities. Consider supporting at-risk seniors by making a charitable donation. Sage has been serving seniors in your community for over 40 years.

40

Visit www.MySage.ca or call 780-423-5510!

SherwoodPark Hwy. 16

dows Mea dale k r 7 la C 8 lvd. on y ood B t l w r r e a Ch Wa Summ

r1. ll D we el Dr. h et

4

Bo th B

ver Bar Rd. Clo

6 Jim Commo nD r.

9 Baseline Rd.

Beauvista Dr.

14

Wye Rd.

Sherwood Park Fwy.

.

Wye Rd.

Range Rd. 232

MAP LISTINGS

Range Rd. 233

14

21 d Blv

TO EDMONTON

Brentwood Blvd.

ood Dr. Sherw

Grana d

a

14X

Sherwood Dr.

Broadmoor Blvd.

5

2 10 3

1 PRINCETON COURT Y GRANDE DESIGN B 301 Palisades Way

6 EVOLVE LAKELAND RIDGE

BY ROHIT COMMUNITIES 400 Churchill Crescent

2 C REEKSIDE 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 LAKELAND RIDGE

BY LANDMARK COMMUNITIES

219 Charlotte Way

5 CENTRE IN THE PARK

BY CHRISTENSON COMMUNITIES

2021 Sherwood Dr.

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 5300 Sunview Lane

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 41

the mortgage minute

// by peter kinch

mortgage smarts

Separating fact from fiction for first-time buyers

I Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan. Visit peterkinch.com or contact him at peter@peterkinch.com

f you’re a first-time homebuyer, you’re hearing a lot of talk in the real estate market these days. Will prices go up? Will the market crash? Will I ever be able to afford a house? How will I ever pay off this debt?

It’s easy to get caught up in all the noise, but harder to separate the fact from the fiction. As I edge closer to celebrating my first half century on this planet, I find myself using the phrase “If I knew then what I know now…” more and more – which got me thinking about the next wave of first-time homebuyers, and what pearls of wisdom I could bestow upon them.

I had an interesting conversation with a colleague the other day regarding property values in Vancouver. He relayed to me a story of a friend who bought a house on the west side of Vancouver in the mid1990s, which is now worth more than four times the amount he paid. In terms of equity, it was the equivalent of winning the lottery. We pondered the question, “What will people be saying 20 to 25 years from now?”

Is it quite possible that a young, 25-year-old couple today might, in the year 2034, look back and say “If only we had bought that house back in 2014? Why didn’t we? Oh ya, global uncertainty….”

If you’re a first-time homebuyer, you’re hearing a lot of talk in the real estate market these days. Will prices go up? Will the market crash?

Will I ever be able to afford a house?

How will I ever pay off this debt? continued on page 44…

42 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

lvd .

Leduc

4

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

1

Hig hw ay

Rollyview Rd. 2A

Dr. Southfork 5

Simpkins Wynd

6

MAP LISTINGS

1 WINDROSE

3 ROYAL WEST HOMES 81 Acacia Circle

BY LANDMARK COMMUNITIES

61 Windrose Drive

4 SUNTREE POINTE

2 THE SPRINGS AT BRIDGEPORT

BY DAYTONA HOMES MASTER BUILDER

133 -142 Selkirk Place

BY CHRISTENSON COMMUNITIES

5 THE RUSHES OF SOUTHFORK

BY HUNTER RESIDENTIAL DEVELOPMENTS

401 Southfork Drive 6 SOUTHFORK STREET TOWNS

BY HOMES BY AVI

419 Simpkins Wynd

102 Bridgeport Crossing

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

Remarkable New 2 bedroom, 2 bathroom townhomes from the low $200’s

To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL info@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 43

the mortgage minute

continued…

Real estate has peaks and valleys, but there has never been a future peak that is lower than the past one.

Just give it time.

Here are a few things I’ve learned about real estate: 1 Real estate has peaks and valleys, but there has never been a future peak that is lower than the past one.

Just give it time.

2 Time is your ally. Time can turn any bad real estate decision into a good one.

3 Equity is your safety net. It can supplement a pension and give you financial options in later years.

4 Your mortgage is a forced savings program.

So let’s assume that 20 to 25 years from now, you’ll be looking back and saying to yourself one of two things: › I’m sure glad I bought that first house, or › I wish I had just bought something back in 2014.

A lot of people are in this situation today and paralyzed by all the noise around them. And, in the absence of facts or perspective, fear will take over.

So what are the factors that are influencing your decisions today? mortgage rules Yes, there are new mortgage rules that have been implemented over the past few years, but in some respects, this could be to your advantage. Many first-time homebuyers are unaware that they can still buy a home with as little as five per cent down. The main rule change that impacts your ability to afford a home is that you can no longer access a 30-year amortization. Your payments will now be determined based on you paying off that mortgage over a maximum 25-year period. Although this does make your payments a little higher in the beginning, it increases the amount of equity you build with each payment (remember that forced savings plan).

In addition, the rule changes imposed by the government have had the effect they were aiming to accomplish, which was to slow what was becoming an overheated housing market. Again, this is to the advantage of first-time buyers because it will help to bring house prices back within their range. global uncertainty There is no doubt that we live in an age of global uncertainty and face the threat of financial chaos in 44 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

Europe and a pending credit crisis in the U.S. However, this is not the first time our world has faced these challenges, and it won’t be the last.

The key factor to look at is what you can control in your world.

Ask yourself about your own employment options and your own employment future. The key to creating long-term wealth in real estate through equity is your ability to afford your monthly mortgage payments and making them consistently over a long period of time – regardless of what is happening on the other side of the world. If you do so, one day you’ll wake up and realize two things: 1 Your mortgage is paid off, and 2 Your house is worth more now than the day you bought it, regardless of what happened during the years in between.

So, if you’re a first-time homebuyer in 2014, here’s my advice to you: create a budget that you can afford and be comfortable with. Buy a home that does not put a strain on your budget. Focus on taking baby steps and don’t get overwhelmed by the big picture. Make the monthly payments into that forced savings program called a mortgage, and then let time be your friend and real estate will do what it has done for many generations before – eventually go up as your mortgage goes down. That is what we call “creating equity.”

And then maybe, just maybe, as you’re about to celebrate your first half century on this planet, you‘ll look back and say, “I’m glad I got started in 2014.”

7 Min. to Edmonton

Beaumont 1

Coloniale Way

Rue Montalet

44 St.

50 St.

57 St.

55 Ave. 52 Ave.

50 Ave. 2

43 Ave.

60 St.

3

30 Ave. Hwy 625

MAP LISTINGS

1 COVENTRY HOMES 50 Ave. & 57 St.

(Nisku Rd.)

2 GOUDREAU HEIGHTS

BY CHRISTENSON COMMUNITIES

3 MONTROSE ESTATES

BY SABA HOMES

3311 – 67 Street

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 22 ISSUE 04 | NEW CONDO GUIDE 45

tips & tricks

packing tips

to make your move a little easier ❏ Gather boxes in all sizes from friends, neighbours and stores.

❏ Label boxes containing fragile items with large red lettering.

❏ Collect cushioning material such as bubble wrap, foam pellets, furniture pads, old blankets, plastic bags, tissue paper, newspapers and small towels to use as padding inside boxes.

❏ Place china in plastic bags and stack plates upright on their sides, not flat.

❏ Create a “portable packing kit” with marking pens, a tape measure, packing tape, twine and scissors. Carry it with you as you pack up items in your home.

❏ Pack your TV, stereo and computer in their original boxes whenever possible. ❏ Keep boxes to 50 pounds or less.

❏ Reinforce the bottom of boxes with extra tape for added strength.

❏ Pack heavy items into their own smaller boxes and place lighter items together into larger boxes. (Hint: Don’t pack all your books into one box!)

❏ Label each box with the name of the room in your new home where it should be placed.

❏ Don’t move flammable, combustible, corrosive or explosive items such as paint, gasoline and ammunition.

❏ List the contents of the box on the side of it.

❏ Pack a bag of personal items you’ll need during the move and keep it in an easy-to-find place when you pack.

Selling fast! | Some quick possessions available

Great Value in Beaumont!

PRICED FROM

$289,900

• Only minutes from Nisku, International Airport and Edmonton • Welcome to Montrose Gardens where luxury finishing comes standard • 1340 sq.ft. of living space • 3 bedroom plus 2.5 baths • 9’ Ceiling on main floor • Includes landscaping and a patio deck off the Kitchen • One attached garage with extended driveway • Include stainless steel appliances and landscaping & fence

VISIT THE SHOWHOME

Tuesday to Thursday: 4-7 pm & Saturday and Sunday: 1-5 pm

3311 - 67 Street, Beaumont Call Battista or Anna at

780.737.7222

www.sabahomes.ca

RIVER CITY

46 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

NorthEastEdmonton M Fo ANNIN GF rt WY. Rd .

34 St.

8 16710Ave.

Rd .

137

Fo rt

132 Ave.

120 Ave. 95 St.

118 Ave.

58 St.

122 Ave.

121 Ave.

.

Ave d.

112 Blv a Ad

CAPILANO BRIDGE

MAP LISTINGS

1 MIRRA

BY PARK HOMES

70-8318 180 Ave. 2 SHOREWINDS CONDOMINIUMS

104 Ave. North Saskatchewan River

5 BRINTNELL SUMMIT

BY QUALICO LIVING 445 Brintnell Blvd NW 6 CLAREVIEW VISTAS

BY CARRINGTON COMMUNITIES

6076 Schonsee Way NW 3 STATION POINTE

BY BCM HOMES 403 Belvedere Way 4 NORTHSHORE

BY CARRINGTON COMMUNITIES

6076 Schonsee Way NW

7 11 Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 34 St.

129 Ave.

38 St.

3

127 Ave.

20 St.

137 Ave.

Victoria Tr.

50 St.

66 St.

87 St.

144 Av e.

151 Ave.

.

Ave 144 6 Ave.

22 St.

5

82 St.

97 St.

.

160 Ave . e v A 153

195 Ave.

4 2

91 St. 9 1

9 L AKEVIEW TERRACE 179 Ave, east of 87 St. 10 E LEMENTS AT MCCONACHIE

BY LANDMARK COMMUNITIES

BY CARLISLE GROUP

3625 144 Ave NW

167 Ave. & 53 Street

7 T HE AVENUE AT HERMITAGE

BY CARRINGTON COMMUNITIES

1188 Hyndman Road

11 E LEMENTS AT HERMITAGE

BY CARRINGTON COMMUNITIES

Hyndman Crescent

8 AIR HARBOUR/ALTITUDE

BY ROYAL WEST HOMES 175 McConachie Dr.

NORTHEAST EDMONTON | Call Falisha 780.473.9143

elementsbycarrington.ca Please see our ad on the inside back cover

CONDOS FROM THE $170’S 1180 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 47

NORTHEAST

MODERN ADULT VILLAS • Ceramic tile & hardwood • Gourmet kitchen with pantry • Full appliance package • Fireplace • Window coverings • Central vacuum • Deck & landscaping • Hardie board exterior finish • Maintenance free living

NOW 50% SOLD! ASK ABOUT OUR GREAT INCENTIVES

780-466-4099

www.airharbour.ca Open Mon-Thurs 2-8pm, Sat-Sun 12-5pm 175 McConachie Drive For more information contact: Nina Flora 74_Built Green(20/6)

STYLISH TWO-STOREY TOWNHOMES Starting from the $260’s!

Soar to New Heights with Exceptional Standard Features at Amazing Prices HARDWOOD & CERAMIC TILE FIREPLACE & FULL APPLIANCE PACKAGE Great Purchase Incentives

780.466.4099

|

PH NOWASE 3 O OVER PEN! 6 SOLD 0% !

altitudeliving.ca

For more information contact: Nina Flora Altitude located at: 450 McConachie Way | Mon-Thurs 2-8pm, Sat-Sun 12-5pm 48 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

NORTHEAST

CRYSTALLINA NERA

NORTHEAST

THE RADIANCE IN EAUX CLAIRES

L

ocated at the corner of 95th Street and 160th Avenue, Footprint Developments presents their exciting new condominium and townhome development in Eaux Claires. Ideally situated just off 97 Street, the Radiance is the ultimate home choice for buyers who are looking for convenient, urban-style living with an exceptional location. Residents of the Radiance will find themselves surrounded by an abundance of first-rate amenities, including supermarkets, banking, restaurants, schools and much more. This charming northwest neighbourhood provides access to major roadways that are only minutes away, including the Anthony Henday, allowing for quick and easy commutes in and around the city.

Offering two styles of homes to choose from, condos and townhomes, the Radiance development presents numerous home sizes and pricing options that are sure to suit an array of lifestyle needs. Each Radiance product offers buyers the added benefit of energy efficiency. Built Green, these homes were designed with the environment in mind and have been engineered to maximize efficiency and reduce waste. Each home features double-pane windows, energy-efficient appliances, low-VOC paint, and several other environmentally conscious features that add value and plenty of appeal to the property.

The four-storey condominium building features a

50 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

modern exterior with brick accents and aluminum cladding. A heated underground parkade provides homeowners with safe and secure parking, also ensuring vehicles are warm and snow-free throughout the winter season, while ample visitor parking offers guests convenient access to the main entrance. Spacious common areas, plus pressurized and air conditioned corridors, enhance the building’s comfort. A video security camera entrance system allows for a secure entrance into the Radiance condominiums, providing peace of mind for all residents.

Suites range from 601 to 1,168 sq. ft. and are available in one-bedroomplus-one-bath and two-bedroomplus-two-bath options. There are 10 floor plans to choose from, including limited availability for a three-bedroom-plus-two-bath floor plan option. Each suite features an open-concept floor plan with upgraded laminate flooring through-

out. A designer lighting package and quartz kitchen countertops complement the modern design of the suites.

Stainless steel appliances, three-inch baseboards and Decora style light switches all increase the visual appeal within these beautiful homes. Plus, an in-suite laundry and storage area with stacking washer and dryer offers added convenience. Each home also features a covered balcony, allowing homeowners to use their outdoor space throughout the year.

Radiance townhomes offer spacious home living with the all the benefits and convenience of condo amenities. Perfect for consumers who are looking for multi-level living space, these two-storey homes combine urban style and private living. Each three-bedroom home offers an extensive list of features, including an oversized two-car garage with flex space, a large balcony with gas barbecue outlet, and beautifully finished exterior with stone accents.

The front yards are also expertly landscaped and completed with trees and shrubs.

The townhomes’ interiors have been designed with contemporary luxury in mind. Stylish lighting and eight-ft. ceilings enhance the open-concept style that is presented.

An exceptionally spacious kitchen

PERFECT FOR CONSUMERS WHO ARE LOOKING FOR MULTI-LEVEL LIVING SPACE, THESE TWO-STOREY HOMES COMBINE URBAN STYLE AND PRIVATE LIVING features a wrap-around design with a decorative six-in. high tile backsplash.

Modern flat panel kitchen cabinets and a stainless steel double sink ensure you have plenty of space to cater to family and friends. Five black or white appliances are included with the home, with the option to upgrade to stainless steel. Each townhome has been designed to allow for the most effective use of space and with convenient home living in mind. All bedrooms and living areas feature TV and telephone outlets – ready for use right when the homeowner moves in.

With over 67 years of residential and commercial development experience, the Footprint Developments Management team has the knowledge and expertise in creating exceptional apartment condominium, duplex and townhomes that fit the needs of homebuyers. Specializing in efficiently designed homes, Footprint developments provide homebuyers with a quality product that features energy-efficient technology and convenient designs. Phase 1 condos at the Radiance are now 90 per cent sold! Phase 2 is now selling with prices starting in the upper $100’s.

Townhomes are also in high demand at the Radiance! Phase 1 is almost sold out and sales have now begun in Phase 2 of the development with prices starting from the mid-$200’s.

For more information or to learn more about the condominiums and townhomes at The Radiance, visit their website at radiancecondos.ca or call Suzie at 780.940.1803. Visit the sales centre at 9505 160 Ave. NW, open Monday to Thursday from 3 to 8 p.m.; Saturday, Sunday and holidays from noon to 5 p.m.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 51

NORTHEAST

WHO LIVES IN THE LANDINGS? Rohit Communities has partnered with the City of Edmonton’s First Place Program - an initiative to redefine home ownership for first time buyers. The Landings Townhomes are now selling in North and South Edmonton!

KATHRYN TAWA LANDING HOMEOWNER WHAT DO YOU DO?

I am a health safety coordinator with Epcor, and I am also an EMT with a private ambulance company.

WHAT’S YOUR FAVORITE THING ABOUT YOUR NEW NEIGHBOURHOOD?

I like the neighbourhood because it is very central and close to many amenities, the hospital, the police station, the fire hall, grocery stores, malls, and libraries. Plus it is close to my daughter’s school and the new LRT system will be close by in about 5 years.

MY FAVORITE THING ABOUT MY/OUR LIFE NOW IS….

I have a sense of independence & accomplishment from owning my first home! It feels like my daughter and I have really made it – that we are able to get our own house – it is a big sense of accomplishment for me.

WHAT SHOULD PEOPLE KNOW ABOUT THE FIRST PLACE PROGRAM?

The First Place Program is for everyday people. It’s not a certain clientele in the first place program – it’s every walk of life. I was living in my parent’s house thinking about saving up the money and going the traditional route of owning my own home and then I found this on the Internet, it was karma, everything was lining up. Being able to have my own home - that just opens up so many more doors and possibilities of where I can go and what I can do.

WHAT ARE THE BENEFITS OF BUYING IN A FIRST PLACE PROGRAM NEIGHBOURHOOD?

You get a sense of belonging and a collective feeling that you are in a similar situation; you’ve all risen to the challenge and have the same sort of accomplishment in getting this home. It gives you a sense of camaraderie.

RohitCommunities.com 52

TOWNHOMES FROM THE

$230,000’S!

REDEFINING YOUR FIRST HOME! Now Selling in Casselman Landing, a brand new Rohit Communities project in Edmonton’s Northeast! Casselman Landing is offering townhomes up to 1295 sq. ft. featuring two or three bedrooms, laminate, tile, granite in the kitchen, appliances, full landscaping and upgrades are available! Live maintenance free year round! Close to services, shopping, entertainment and amenities.

153 Ave

EDMONTON

NOW SELLING! Call Lynn at 780.914.1565

Whyte Ave

50 St

Whitemud Drive

75 St

Anthony Henday Drive

N

66 St

Yellowhead Trail

RohitCommunities.com 53

FortSaskatchewan ER AT S DW N RE IBBO G

ES UT ON IN ONT M 7 DM E TO

1

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

BR 17 K UD M ER TO HE IM

Hig hw ay

15

ve.

97 A

15

t.

2S

e.

Av

St. 101

99

e.

Av 99

ay hw Hig

rth No

1

er Riv an w e tch ska Sa

21 K 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.

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

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 55

Web Directory BUILDERS/DEVELOPERS

Find your next condo online, it’s easy!

BUILDERS/DEVELOPERS

Abbey Lane Homes

www.abbeylanehomes.com

Sage Gardens

www.sagegardensliving.com

Albany Trails

www.albanytrails.ca

Secord Corners

www.secordcorners.ca

Californian Parkland

www.vipliving.ca

Serenity

www.liveserenity.ca

Callaghan Ravines

www.callaghanravines.com

Solara at Skyview

www.solaraliving.ca

Carrington Communities

www.carrington.ca

Stafford Greens

www.staffordgreens.com

Christenson Developments Ltd.

www.cdlhomes.com

Station Pointe Village

www.stationpointe.com

Concept Homes

www.concepthomes.ca

Tenor on the River

www.touchstalbert.com

Coventry Homes

www.coventry-homes.com

Tessco Incorporated

www.edmontoncondo.com

Daytona Homes Master Builder

www.daytonahomes.ca

The Icon

www.theicon.ca

Encore Tower

www.encoretower.com

The Rushes of Southfork

www.rushesofsouthfork.ca

Footprint Developments

www.footprintdevelopments.ca

The Signature

www.signatureambleside.com

Fox One

www.foxtowers.ca

Ultima

www.ultimatower.ca

Grande Design Homes

www.grandedesign.ca

Victory Lane

www.victorytownhomes.com

Homes by Avi

www.homesbyavi.com

Windermere Mansions

www.windermeremansions.com

Landmark Urban Living

www.landmarkgroup.ca

Windermere Waters

www.windermerewaters.com

Maxx Urban Living

www.livemaxx.ca

Meridian Plaza

www.meridianplaza.ca

RELATED BUSINESS

Park Homes

www.parkhomes.ca

Parkwood Master Builder

www.parkwoodmasterbuilder.com

Canadian Home Builders’ Association – Alberta

www.chbaalberta.ca

Canadian Home Builders’ Association – Edmonton

www.chbaedmonton.ca

Dangie K-9 Service Inc. Your Condominium Security Specialists

www.dangiek9services.com

Robert F. McLeod

www.robertmcleod.ca

Rohit Communities

www.rohitcommunities.com

››

If you wish to advertise your Web site in our Web Directory please call 587-784-4044

56

28

Gibbons

51 S tree t

53 Avenue

1

MAP LISTINGS

50 A venu e

Highway 28A Edmonton

Stu rg eo n

Ri ve r

y wa gh i H

1 RIVERSIDE POINT 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 22 ISSUE 04 | NEW CONDO GUIDE 57

dESiGnEr adVicE

SOUTH BEACH

style

// BY Yanic Simard // PHOTOS cOUrTESY OF THE JamES rOYaL PaLm

THiS FriGid TEmPEraTUrE HaS mE daYdrEaminG about

my trip last year to The James Royal Palm in Miami, Florida. Not only was it the perfect winter getaway, the trip was filled with tons of design inspiration which I just have to share. The hotel is designed by the hospitality mavens at Rottet Studio. The expansive property’s interiors carry the intimacy of a boutique hotel, achieved through the attention to detail, exquisite materials and a healthy collection of unique artwork.

Despite offering nearly 400 rooms, every one of them feels like a personal oasis.

Re-branded as part of The James hotel family in November 2012, the freshly renovated spaces draw from Art Deco roots and Miami culture to create a friendly, relaxing and breathtaking luxury getaway that could not be more “now.” Follow these inspirational tips to bring South Beach style to the Great White North.

01 White from the start White and cream create an airy atmosphere and won’t absorb heat, lending a cooler look and feel. This palette lets you emphasize elements like the view, framed by white sheers. Ceilings, walls, columns and window mullions are all white on white, making the bright blue sky the focal point.

02 Miami spice Too much white can be sterile, so spice it up with light-hearted Miami hues like bright teal, pastel pink and lime green. The James is brimming with stunning paintings, installations and oversized art – a lasting trend and great long-term investment. Even the flat-screen TVs are framed like artwork, with mirror surrounds de-emphasizing the technology and opening the room up even further. Underfoot, floors mimic the azure vistas with rich blue carpets in swirling geometric patterns that let the outdoors reach in and surround you.

2

1

3

4

03 A seat with a view Miami style is all about luxury and making a splash, and nothing says “luxe” like plush, oversized seating. Even a compact condo can boast this look through materials that command attention, making each piece of furniture an invitation to lounge.

The James uses vibrant seat pads and pillows to add bursts of colour, while tropical leaf and paint-stroke motifs put all eyes on the plush sofas and chairs.

04 Wild inside When the outdoors are as beautiful as Miami’s beaches, you’ll want to bring that vibe indoors!

Rattan chairs aren’t restricted to patios – try them for your breakfast table or sleeping quarters. Touches of cotton, linen and jute add rich texture, and of course no conversation about The James is complete without a mention of the beautiful woods. Modern wood walls make wide-open spaces feel more intimate, while dark-grained details in chairs, coffee tables and chests keep the palette earthy. Every space is alive with potted plant life. I was especially taken with the miniature cactus gardens in each suite. Cleverly, these terrariums are both visually appealing because of their exotic nature (especially to those of us from northern climates), and also very easy to take care of, so they last much longer than a cut bouquet.

1 Glass JuG Pendant.

3 valBOrG CusHiOn COver in Blue and Green. $7. Visit ikea.ca

$795. Visit elte.com

2 stOCKHOlM CHair in

4 MOeBius taBle.

walnut veneer. $149. visit ikea.ca

$660. visit dwr.com

Product sourcing by Sara duck

05 Non-linear thinking The James uses unique details to give each space character and personality.

Wiring for hanging pendants creates curling abstract forms rather than running straight up the wall. Tonguein-cheek “CTRL” “ALT” “DEL” keyboard pillows spread on my bedroom banquet add visual interest and make light of the workplace I had left behind.

At the end of the day, you have to remember not to take your style too seriously, after all, Miami is about having fun – South Beach style!

Yanic Simard is the design editor of New Condo Guide and principal designer of TIDG. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Yanic has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.

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

60 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

St.Albert

MAP LISTINGS

ros e Dr.

Keil lor Dr.

e.

Poirier Av

Rd .

1 SAGE GARDENS

St. Al be r

Boudreau Rd. Campbell Rd.

Dr. ins k t A

TO

tT r.

167 Ave.

ED

M

ON

TO N

156 St.

170 St. Gerva is

Av e.

184 St.

Levasseur Rd.

ud re au

Rd .

ton ins W Sir

er Riv

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4

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3

Sturg eon Rd .

ve. yA enn K c M

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Lacombe Dr.

2

ert .

St. Alb

G

1

Element Dr. Erin Rid ge Dr.

TO MORINVILLE

3 BOTANICA

BY VI PROPERTIES

BY BOUDREAU DEVELOPMENTS LTD.

25 Element Drive

105 Bellerose Drive

2 CITADEL VILLAGE

4 TENOR ON THE RIVER

BY CHRISTENSON COMMUNITIES

DEVELOPED BY MCLEOD PROJECT MARKETING

St. Albert Trail & Ridge Drive

35 Sturgeon Road

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 61

STALBERT

62

NorthWestEdmonton City Boundary

162 A ve

15

153 Ave. 6 16 8 1 10 4

121 St. 113A St.

150 Ave.

He

lbe

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.

A St.

11

135 St.

137 Ave.

Dr

13 nd ay

142 Ave.

97 St.

127 St.

.

148 Ave.

Campbell Rd.

2 3 14 167 Ave. 5 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 AVIVA

BY CARRINGTON COMMUNITIES

167th Ave & Albany Way 4 VICTORY LANE

BY ABBEY LANE HOMES

2510 Pegasus Blvd.

5 UPPER CARLTON

BY REID BUILT HOMES 13838 - 166th Avenue 6 VICTORY POINT

BY ABBEY LANE HOMES

97 St. & 137 Ave.

7 B ELLWETHER PARK 132 Ave. & 132 St. 8 VICTORY PARK

BY ABBEY LANE HOMES

Pegasus Blvd & Sir Arthur Curry Way 9 THE SILHOUETTE AT CARLTON

BY CASSEL COMMUNITIES

15503 - 139 St. 10 MCCRAE ESTATES

BY CHRISTENSON COMMUNITIES

4450 McCrae Ave.

13 STARLING AT BIG LAKE

BY ROHIT COMMUNITIES

137 Ave & Ray Gibbons Dr. 14 ELEMENTS AT ALBANY

BY CARRINGTON COMMUNITIES

167 Ave & Albany Way 15 CAERNARRON KEEP - FIRST PLACE PROGRAM

BY LANDMARK COMMUNITIES

14621 - 121 St. NW 16 JUNO TOWNHOMES

BY SLOKKER CANADA WEST

2570 Pegasus Blvd.

11 VILLAGE AT TRUMPETER

BY ROHIT COMMUNITIES

2055 Trumpeter Way NW 12 LEGACY POINTE

BY CONCEPT HOMES MASTER BUILDER

18230 - 104A Street

NORTHWEST EDMONTON | Call Eva 587.520.3372

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

CONDOS FROM $242,900

Font: Optima Roman & Bold, all caps & small Caps C:72 M:75 Y:0 K:0

Please see our ad between pages 00 and 00

167 AVENUE & ALBANY WAY (South of the Henday, South on 127 St) C:23 M:0 Y:45 K:0 C:0 M:0 Y:0 K:85

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 63

NORTHWEST

CONSTRUCTION UNDERWAY

Condos & Townhomes From $160’s & $270’s

64

RIGHT TIME. RIGHT PLACE! Looking for a spacious townhome or a well priced condo?

Then Bellwether Park is perfect for you. With its spectacular selection of 13 beautifully appointed home designs, it’s just about assured the right layout for your or your family is available.

Finally, you can live in an established neighbourhood affordably. A mature character filled community that features plenty of park space, great shopping, cafes, entertainment and the convenience of public transit and major road access just down the street. In the future, Bellwether Park will also have a private sports and amenity club that will be a great gathering place for family and friends. Brick detailed courtyards, manicured gardens and quaint backyards also provide owners with a bright and beautiful setting to call home.

*

Kitchen may not be exactly as shown.

GREAT CONSTRUCTION PRICING IN EFFECT FOR A LIMITED TIME These superior urban living spaces offer trendy styles, modern layouts and fresh architecture. Add unbeatable “under construction pricing” with new condos starting in the $160’s and townhomes in the $270’s, and you are ready to move on up to a better life in Bellwether Park.

Visit the Bellwether Park Sales Centre today to see how great your future can be. These introductory specials are going fast so act quickly to avoid disappointment. Today is the right time to purchase your new home while prices and interest rates are low and Bellwether Park is the right place!

65

213 St.

WestEdmonton Yellowhead Trail

124 St.

7 159 St.

87 Ave.

WHITEMUD FWY.

199 St.

6

GROAT BRIDGE

142 St.

2

149 St.

163 St.

170 St.

102 Ave.

9

QUESNELL BRIDGE

69 Ave.

11 10

156 St.

178 St.

8 1

175 St.

Rosenthal Blvd.

Stony Plain Rd. 100 Ave. 95 Ave.

182 St.

ANTHONY HENDAY

5

Stony Plain Rd.

107 Ave.

a en d.

Bu ta R Vis

3

Winterburn Road (215 St.)

Secord Blvd.

Ma yfie ld

Rd .

111 Ave.

Callingwood Rd.

4 North Saskatchewan River

MAP LISTINGS

1 T HE CALIFORNIAN PARKLAND

BY ABBEY LANE HOMES 2035 Grantham Court

5 JADE

2 JASPER GATES

6 G LASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd

BY BELJAN DEVELOPMENT

10144 - 150 Street 3 SECORD CORNERS

BY FOOTPRINT DEVELOPMENTS

9535 - 217 Street

4 SOUTH HAMPTONS

BY PARK HOMES 1520 Hammond Gate

9 GLENORA SKYLINE 10220 - 140 Street

BY CARRINGTON COMMUNITIES

NW corner of Rosenthal Blvd & 215 Street

7 THE VANIER

BY QUALICO LIVING

9820 165 Street

10 ELEMENTS HAMPTONS

BY ROHIT COMMUNITIES 1753 Hammond Cres NW

11 STAFFORD GREENS

BY ALDRITT HOMES 62 Ave & Getty Gate

8 V IP AT CALIFORNIAN PARKLAND

BY ABBEY LANE HOMES 2035 Granthan Court

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 67

WEST

SpruceGrove 3

4

3

1

2

1

2

MAP LISTINGS

1 KING STREET ON PARK

2 WINDSOR ESTATES

BY RENOIR DEVELOPMENTS

BY QUALICO LIVING

420 King Street

511 Queen Street

3 CENTURY GATES 5 Minutes North of Spruce Grove on Century Road (Rge. Rd. 272)

To Highway 16

StonyPlain Highway 16A, To Edmonton

47 Ave.

48 St.

52 Ave. 50 St.

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 22 ISSUE 04 | NEW CONDO GUIDE 69

In The news

CMhC To InCrease

mortgage insurance premiums FollowIng The annual revIew oF ITs InsuranCe produCTs and CapITal requIreMenTs, Canada Mortgage and Housing Corp.

(CMHC) will increase its mortgage loan insurance premiums effective May 1, 2014.

The increase applies to mortgage loan insurance premiums for owner-occupied, self-employed, and one- to four-unit rental properties, including low-ratio refinance premiums. This does not apply to mortgages currently insured by CMHC. CMHC’s capital management framework is consistent with international practices and Canadian guidelines for mortgage insurers. Increased capital targets are consistent with Canadian and

95% Loan-to-VaLue Loan Amount Current Premium New Premium Additional Premium Increase to Monthly Mortgage Payment

$150,000 $4,125 $4,725 $600 $3.00

international industry trends and makes the financial system more stable and resilient.

“The higher premiums reflect CMHC’s higher capital targets,” says Steven Mennill, CMHC’s vice-president, insurance operations. “CMHC’s capital holdings reduce Canadian taxpayers’ exposure to the housing market and contribute to the long-term stability of the financial system.”

For the average Canadian homebuyer requiring CMHC-insured financing, the higher premium will result in an increase of approximately $5 to their monthly mortgage payment, CMHC says. This is not expected to have a material impact on the housing market.

Effective May 1, CMHC mortgage insurance premiums will increase by approximately 15 per cent, on average, for all loan-to-value ranges.

CMHC reviews its premiums on an annual basis and, going forward, plans to announce decisions on premiums in the first quarter of each year.

The homeowner premium increase follows changes CMHC made to its portfolio insurance product earlier this year.

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions that will continue to create vibrant and healthy communities and cities across the country.

$250,000 $6,875 $7,875 $1,000 $4.98

$350,000 $9,625 $11,025 $1,400 $6.99

$450,000 $12,375 $14,175 $1,800 $8.98

Based on a five-year term at 3.49 per cent and a 25-year amortization. *Premiums in Manitoba, Ontario and Quebec are subject to provincial sales tax — the sales tax cannot be added to the loan amount.

85% Loan-to-VaLue Loan Amount Current Premium New Premium Additional Premium Increase to Monthly Mortgage Payment

$150,000 $2,625 $2,700 $75 $0.37

$250,000 $4,375 $4,500 $125 $0.62

$350,000 $6,125 $6,300 $175 $0.87

$450,000 $7,875 $8,100 $225 $1.12

Based on a five-year term at 3.49 per cent and a 25-year amortization.

70 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

GenWoRtH CanaDa aLSo announCeS neW MoRtGaGe InSuRanCe PReMIuM RateS Effective May 1, 2014, Genworth Canada will also increase its mortgage insurance premium rates by an average of 15 per cent.

“We believe this new pricing is prudent and more reflective of increased regulatory capital requirements,” says Brian Hurley, chairman and CEO of Genworth Canada. “These pricing actions are supportive of the long-term safety and stability of the Canadian housing market.”

The new premium rates for standard owneroccupied purchase applications submitted on or after May 1, 2014 are: Loan-to-Value Ratio

Standard Premium (Current)

Standard Premium (effective May 1, 2014)

Up to and including 65% Up to and including 75% Up to and including 80% Up to and including 85% Up to and including 90% Up to and including 95%

0.50% 0.65% 1.00% 1.75% 2.00% 2.75%

0.60% 0.75% 1.25% 1.80% 2.40% 3.15%

SouthCentralEdmonton CAPILANO BRIDGE

North Saskatchewan River

JAMES McDONALD BRIDGE

1

Whyte - 82 Ave. 5 76 Ave.

75 St.

85 St.

Co nn or sR d.

90 Ave. 83 St.

103 St.

. n Dr ewa atch k s a S

95 Ave. 92 St.

105 ST BRIDGE

104 St.

101 Ave. 98 Ave.

Scona Rd.

Sas kat che wa nD 2 r.

87 Ave.

FOOT BRIDGE

99 St.

109 ST BRIDGE

114 St.

Groat Rd .

GROAT BRIDGE

84 St.

LOW LEVEL BRIDGE

79 St.

106 Ave.

DAWSON BRIDGE

3

4 51 Ave.

MAP LISTINGS

1 MILL CREEK PARK

BY PARKWOOD MASTER BUILDER

8515 - 99 Street 2 BENTLEY IN WINDSOR PARK

BY YORKTON GROUP INT’L

11710 - 87 Ave.

3 URBAN VILLAGE ON WHYTE

BY CARRINGTON COMMUNITIES

7907 - 71 St.

5 STUDIO OFF WHYTE

BY I4 PROPERTY GROUP

10416 - 81 Ave.

4 THE UNIVERSITY BROWNSTONES

BY TESSCO

108 St. & 71 Ave.

SOUTHCENTRAL EDMONTON | Call Amanda 780.461.1622

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 00 and 00

CONDOS FROM $249,900 7825 – 71 street (Between Whyte Ave & Argyll Road) NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 71

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 package. that is available for only pre-sale $1 5,000 upgrade the first 25 pre-sales.

For more information visit the Phase One Show Suite at 10808 For more information visit the Phase One Suite at 71 Avenue, open Monday to Thursday, 4-7 pm,Show weekends 1-510808 pm or 71 open Monday to Thursday, pm, weekends 1-5 pm or callAvenue, Troy Stenson at Re/Max River City,4-7 780-439-7000 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 72 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

PHASE II 65% SOLD OUT! 25 PREMIUM SUITES REMAIN 2 BED/2 BATH UNITS STARTING AT $279,900 ASK ABOUT OUR FREE $15,000 UPGRADE PACKAGE

POSSESSION FALL 2014

PHASE 2 CONSTRUCTION NOW UNDERWAY

73

city living

AlyssA Reid:

my favourite 5! // by elisA KRovblit

An inteRnAtionAl pop stAR And

local songstress Alyssa Reid has been getting international attention for powerhouse voice and chart-topping tunes. Her first album, The Game, released in 2011 went double platinum. Her second album, Time Bomb via WAX Records, Universal Music Canada, hit the streets on Feb. 11, is being met with excellent reviews. The second track released, JUno nominee,

Satisfaction Guaranteed, is the perfect follow-up to the popular first release, Running Guns!

Collaborating, recording and touring with Hedley, 2014 is already proving to be a stellar year for Alyssa. There’s no stopping this talent from blazing the airwaves, but at heart, she’s a hometown girl.

Here are Alyssa’s top five favourite places in Edmonton: 1. pigeon lake! i have been camping here every summer since i was a baby. From cross-country

skiing and snowmobiling to golf, canoeing and camping, Pigeon Lake Provincial Park is a well-loved natural preserve in Edmonton’s own backyard. Just an hour southwest of the city, it brings the best of both worlds to Edmonton’s residents. pigeonlake.com 2. West edmonton mall (obviously). every time i go back home, i try and do a day at the water park!

Once upon a time, malls were for shopping. Then the West Edmonton Mall came along and shook things up. At a whopping 3,800,000 sq. ft. of leasable space and a total area of over 5,300,000 sq. ft., the mall has more than 800 stores, and that’s only the beginning. Employing almost 25,000 people, the mall is a tourist attraction, offering a luxury hotel, an amusement park, water park, ice palace, nightlife, a rope course and a host of other fun activities! wem.ca 74 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

3. Whitemud Amusement park – home of the daddy-daughter day. i learned how to hit a baseball here!

Go-carting, batting cages, bumper boats, mini golf – the Whitemud Amusement Park is good ole fashioned fun. It’s a popular family hot spot and a great way to spend a day in the city out-of-doors. whitemudamusement.com 4. mill Woods Recreation centre, probably my favourite place in edmonton growing up! I went

to RAAD sports camp here, and spent a lot of time pretending to be Tarzan on the rope at the pool.

I’m getting so nostalgic just thinking of it.

A community facility servicing the area, this recreation centre has a host of fun activities for the whole family, from water slides and sports programs to day camp and fitness training. Membership and drop-in activities welcome all. edmonton.ca 5. candy cane lane! one of my favourite memories is of my mom taking me for a drive to see all the beautifully decorated houses on christmas eve. Just the name alone

entertains visions of holiday magic.

It’s an Edmonton tradition to visit and view the elaborate decorations.

The community also collects donations for the Edmonton Food Bank from holiday visitors, making this one a prime example of Edmonton’s the giving spirit. candycanelane.trav-graphics.com

SOUTHCENTRAL

LIVE THE ENERGY OFF WHYTE AVE

L

ocated in the heart of Edmonton’s arts & entertainment district is Studio Off Whyte. This stylish new condominium project features just 39 suites.

Ranging from 640 to 750 sq ft for a one bedroom plus den to 820 to 936 sq ft for a two bedroom, Studio Off Whyte is ideal for the urban professional who enjoys living in the centre of the action. Studio Off Whyte is just minutes from shopping, restaurants, parks, a year round farmers market plus much more.

Blending contemporary and heritage styles, the exterior of Studio Off Whyte is inviting and warm. Classic red brick is offset by sky blue siding & modern black accents.

Select suites even have up to 500 sq ft of outdoor living space – just imagine how fantastic would that be to entertain family & friends on.

Inside the suites, the finishes are luxurious and impressive. The 9’ ceilings make every suite feel light and airy.

Quartzite stone countertops in the kitchens & bathrooms, stainless steel appliances, large closets and glass tile backsplashes are just a few of the details that set Studio Off Whyte apart.

Starting at just $199,900, the value is exceptional at Studio Off Whyte. For more information visit the presentation centre at 10416 – 81st Avenue from 3-8pm Monday to Thursday and from 12-5pm Saturday & Sunday. Studio Off Whyte is closed Friday & holidays. Please call 780.988.0001 or visit studiooffwhyte.com to check out floorplans and much more.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 75

hot topic

SuStainable neighbourhoodS:

Eco conscious and convenient location iS a critical factor when shopping for a home. A home that is everything you need but in the wrong location is not the right one for you.

Canada Mortgage and Housing Corp. (CMHC) suggests some things to consider about location: ›› Do you want to live in a city, a town or in the countryside? ›› How easy will it be to get to work?

What is the cost of commuting? ›› Where will your children go to school and how will they get there? ›› Are there safe walking areas, recreational facilities and parks nearby? ›› How close would you like to be to family and friends? ›› How important is sustainability to you?

A “sustainable” neighbourhood is one that meets your needs while protecting the environment.

Homes in a sustainable neighbourhood are located near shops, schools, recreation, work and other daily destinations. This helps reduce driving costs and lets residents enjoy the health benefits of walking and cycling.

A “sustainable” neighbourhood is one that meets your needs while protecting the environment.

Homes in a sustainable neighbourhood are located near shops, schools, recreation, work and other daily destinations. This helps reduce driving costs and lets residents enjoy the health benefits of walking and cycling. Land and services, like roads, are used efficiently.

Sustainable neighbourhoods also feature a choice of homes that are affordable.

In your search for the perfect home, here are some things to consider: eaSy tranSportation

›› Are there stores, schools, recreation facilities, restaurants, and health services within walking or cycling distance? ›› Will your children need to take a bus to school?

Can they walk to the park? Can you do most of your shopping without a car? ›› Are there nearby bus stops and cycling lanes?

How long is the bus ride be to work or school?

Can you safely ride your bike there?

Size of home and featureS

›› Are the homes compact with shared walls to reduce heating costs? Condos are sustainable by design. ›› Are homes reasonably sized with lots that require minimal upkeep? ›› Are there different dwelling types ( singles, semis, townhomes and condos) in the area? ›› Are the lots modestly sized? Roadways narrow?

Driveways/parking areas small? ›› Do natural drain ways lead to streams and storm-water ponds or park lands? ›› Is there native vegetation and streams with woodland edges?

look and feel

Safety

›› Do the buildings have a friendly face to the street?

Are the community centres, shops and meeting places welcoming? ›› Are there trees lining the street? ›› Do you find the homes interesting to look at? ›› Do the building sizes feel comfortable to you? ›› Are the roads easy to walk along or cross?

›› Do the homes have “eyes on the street”?

(In other words, is there a “neighbourhood watch”? Is there somewhere to go in case of an emergency?) ›› Is there adequate street lighting in the area? ›› Are there safe places for children to play? ›› Are the streets safe for cyclists and pedestrians? ›› Is traffic slow moving and light?

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high-quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. For more information on buying home, visit cmhc.ca or call 1.800.668.2642.

LUXURY in Edmonton’s University District 11710 - 87 Avenue

CONSTRUCTION UNDERWAY • POSSESSIONS IN SUMMER 2015.

LUXURY CONDOMINIUMS

Concrete & Steel Construction • Heated Underground Parking 2 Bedroom - NOW SELLING • 1 Bedroom - SOLD OUT!

PRESTIGIOUS WINDSOR PARK

Off-Site Sales Centre: 6930 - 109 Street • 780.907.5263 • www.bentleycondos.ca

DON’T MISS OUT! OVER 60% SOLD!

Money Matters

// by gail vaz-oxlade

We’re having a baby!

O

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever, and she blogs daily at gailvazoxlade.com. Follow Gail on Twitter at Twitter.com/GailVazOxlade

So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope?

ne of the life events that will have the biggest impact on your finances is the arrival of a new baby, and the income loss associated with taking maternity leave. In Canada, new moms can take up to 52 weeks off from their jobs and have those jobs protected for their return to work. However, all that time off doesn’t necessarily come with a full pay cheque. Yes, there are companies that offer a “top up,” but it hardly ever is for the full amount of your before-baby pay, and it seldom lasts for the full year.

For people who do not receive a top-up, employment insurance (EI) benefits will provide an income. EI benefits are calculated as 55 per cent of your normal earnings up to a maximum salary. So if you’re earning $40,000 a year, which translates into $3,333 before taxes a month, or $769 gross a week, you’ll be entitled to 55 per cent of that or about $423 a week, before taxes. Ouch!

On top of that pain is the fact that the first two weeks of your leave are unpaid, so your income calculation won’t start until the third week.

And since it’ll take between four and six weeks to get your first EI benefit deposited into your bank account, you shouldn’t be counting on that money to make your mortgage payment or buy food.

Moms aren’t the only ones who can take time off with their new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time.

Adoptive parents also get to take parental benefits and fall under the same rules as dads.

So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope?

Many new moms and dads resort to using their credit cards or lines of credit to see them through. Dumb! With a new long-term expense – a child – adding gobs of interest to the equation is no way to secure your financial future. Every month you’ll fall further and further behind, becoming almost desperate at the hole you’ve dug yourself. And if another baby arrives soon after, your goose will be cooked.

Just because Canadians are guaranteed a year of parental leave from work doesn’t mean we have the right to take it. We only have that right if we’ve taken the time to plan for it, and have the money we’ll need to make ends meet without going into debt.

The best way to see the implication of that income drop-off is to live on the equivalent of your parental leave income for the duration of your pregnancy. Put the rest of your money away for emergencies, to buy the continued on page 80...

78 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

DowntownEdmonton 118 Ave. 112 Ave.

106 St.

Victoria Park Rd. Rive r Va lley Rd

3 97 Ave.

.

St.

w Ro

.

Rd

92

2 1 6 5

9 Jasper Ave. 100 Ave.

d lan

100 St.

4 102 Ave.

10 7

101 St.

11

104 Ave.

82 St.

wa yA ve .

105 St.

116 St.

109 St.

127 St.

gs

KINNARD RAVINE

t.

95 S

107 Ave.

8 14

12

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

North Saskatchewan River

6 ENCORE

10244 - 103rd Street 2 THE FOX

BY LANGHAM DEVELOPMENTS

BY ROCKWOOD PROPERTY MANAGEMENT

9704 - 106 St. 4 ALTA VISTA

5 ICON

BY LANDMARK URBAN LIVING

8 S TUDIO ED Corner of 116 Street & 106 Avenue

12 H IGHSTREET DISTRICT PROPERTIES

BY REGENCY DEVELOPMENTS

10523 - 123 St.

9 MERIDIAN PLAZA

BY CANCALI DEVELOPMENTS

111 St. & Jasper Ave. 10 PEARL

BY REGENCY DEVELOPMENTS

BY LANGHAM DEVELOPMENTS

Jasper Ave., North of 104 St.

Corner of 104 Ave. & 105 St.

Jasper Ave. & 118 St.

BY CHRISTENSON COMMUNITIES

111 St. & 103 Ave.

BY REGENCY DEVELOPMENTS

103 St. & 102 Ave. 7 SERENITY

104 Street & 102 Avenue

3 SYMPHONY

11 QUEST

BY WESTRICH PACIFIC

Jasper Avenue & 119 Street.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 79

Money Matters

continued…

stuff you’ll need for the baby, or to start an education hospital for only one day. If there’s savings plan. If you can’t swing it for the months that any complication with baby, you’ll you’re pregnant, you might want to reconsider taking be “living” at the hospital until the full year’s leave. baby can come home. Don’t add The other thing you have to consider is which financial stress to your already member of the family should take the most time with over-stressed life. the baby. While, traditionally, women have done this, The arrival of your newest when the woman is the primary breadwinner in the family member should be a time family then the income loss to the family is felt doubly. full of joy and excitement. But Do the math to see who should take time off and how you can’t expect things to run much, and how that will impact on the family’s smoothly if you’re a dope and financial situation. don’t do some planning.

You have to make a budget that balances while People like to say they didn’t you’re off, including a whole bunch of new categories have any time to plan… that they that incorporate baby’s food, clothes, diapers, were “surprised” by baby’s arrival. shampoo, creams, medical necessities, toys, activities, You’re kidding me, right? Nine and don’t forget about savings. months isn’t enough time to figure Also, don’t forget about the costs associated with out how you’re going to cope? Or actually getting the baby here: hospital rooms and maybe it’s that you don’t want to parking. If you have a health plan through work, you face some hard truths. Well, you may be covered for semi-private room. If not, you have a baby to consider now, so may have to settle for sharing a room with a lot of it’s time to wake up and smell other crying babies. And don’t bank on being in the poop!

Moms aren’t the only ones who can take time off with your new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time.

80 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

DOWNTOWN

Discover the Huge Financial Benefits of Downtown Living at studio ED

I

f you haven’t met ED yet, better introduce yourself before it’s too late. Located just a few minutes from Oliver Square, Studio ED will soon be Edmonton’s most modern and stylish urban condominium community. If you act now you could be moving in next month.

Featuring 76 suites made up of one bedroom, one bedroom + den and two bedroom floor plans, Studio ED has what today’s urban buyer is looking for at an exceptional price. Details like spa inspired bathrooms, gourmet kitchens, Hanstone & Caesarstone countertop upgrades, polished glass tile backsplashes and spacious decks, patios and balconies are just some of the features that set Studio ED apart from the rest.

Close to public transit, MacEwan University, downtown Edmonton, shopping, restaurants, services and much more, Studio ED has been designed for buyers who want the advantages of an urban lifestyle but not the usual accompanying hassles of traffic & neighbourhood density.

In this age of rising energy prices and hectic schedules, more & more buyers want to simplify their life - by living close to where they work or play so that walking, biking and public transit are just as convenient as driving their car. Studio ED buyers can save money, help protect the environment and enhance their physical well-being, all while living in one of Edmonton’s most beautifully designed and convenient urban condominium communities.

For more information, visit www.studioed.ca, call 780.998.0001, or visit the Studio ED Sales Lounge at 10611 – 117 Street, 12-5pm Saturday & Sunday or 3-8pm Monday to Thursday.

Developed by Marketed by

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 81

I n t r o d uc Ing

Edmonton’s best downtown location At 33 stories, Fox Two occupies the centre of Edmonton’s most sought-after downtown neighbourhood — the 104 Street Promenade — and is the last major tower to be built on this popular street.

Fox Two is the final and taller phase of Langham Developments’ Fox Towers project. The first phase — Fox One — is currently under construction and almost sold out.

Edmonton’s 104 Street Promenade was one of 4 finalists on the 2013 list of Great Streets in Canada, and is home to eclectic shops, restaurants and a summertime street-wide farmers’ market. Boasting a walk score of 98/100*, residents also enjoy unparalleled walkable and LRT access to the best of Edmonton, including the highly anticipated downtown arena.

Another Langham development, Icon Towers completed in 2010, was instrumental in hastening the rejuvenation of this popular neighbourhood, and the Fox Towers project will further cement its popularity. *www.walkscore.com

82

DOWNTOWN

Now Selling

Architectural excellence This striking 33-storey tower embodies superior design and quality in every respect. From the expansive glass feature wall commanding spectacular views of the city and river valley, to the bold and colourful suite interiors that reflect today’s most popular trends — Fox Two is modern architectural elegance personified.

www.foxtowers.ca 780.425.0369

Stylish, well-conceived interiors Our dedicated team of designers were charged with creating the most efficient floor plans possible for every suite type in Fox Two. Every fixture, every fabric, every finish was selected to reflect today’s most popular trends and ensure timeless quality, beauty and longevity.

From architectural nuances like quartz kitchen countertops paired with sleek and colourful high-gloss kitchen cabinets, to creature comforts like heated parking stalls (at least 1 per unit), Fox Two is a testament to comfortable highrise living.

Choose from a total of 171 units in 1-3 bedroom configurations from 640 to 2,400 square feet.

The latest project from Langham Developments Since 2001, Langham has been creating exceptional developments — each imbued with the same unwavering mandate: to deliver strong unrivaled architecture, uncompromised in quality.

Langham is among Edmonton’s most experienced and reputable high rise builders, having completed 3 outstanding downtown towers to date: Icon 1, Icon 2 and Omega.

83

FINAL SELL OFF LAST 12 SUITES! PRICES FROM THE $270’s

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.

84

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 85

symphony

TOWER

9704 - 106 STREET (780)701-0058

86

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 22 ISSUE 04 | NEW CONDO GUIDE 87

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.

88 NEW CONDO GUIDE | VOLUME 22 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

2 years

3 years

4 years

5 years

ATB Financial

2.700

4.000

2.940

2.890

2.990

3.390

3.490

Bank of Montreal

3.000

4.000

3.140

3.040

3.850

4.640

4.990

Bank of Nova Scotia

3.100

4.550

3.750

3.890

3.990

4.390

4.990

-

4.800

4.700

4.800

-

5.250

Bridgewater Bank

-

CIBC Mortgages

3.000

4.450

3.090

3.040

3.750

4.240

4.990

Canadian Western Bank

3.200

4.000

3.090

3.040

3.750

4.390

4.990

Equitable Bank

-

-

3.140

3.040

3.750

4.540

5.040

First Calgary Financial

-

4.000

2.890

2.890

3.190

3.390

3.290

First National Financial

2.550

3.950

2.990

2.590

2.790

2.970

3.290

FirstOntario Credit Un.

2.700

4.240

3.090

3.140

3.290

3.340

3.290

HSBC Bank Canada

3.100

4.450

3.600

3.950

4.450

4.990

5.340

ING Direct

3.000

-

3.190

3.240

3.490

3.690

3.990

Investors Group Trust

3.000

4.200

3.140

3.140

3.750

4.640

4.990

Manulife Bank

2.700

4.450

3.000

3.050

3.100

3.300

3.340

Manulife Trust

-

4.450

3.000

3.050

3.100

3.300

3.340

Meridian Credit Union

2.600

4.000

3.090

3.140

3.650

4.390

2.990

National Bank

3.100

4.400

3.140

3.140

3.750

4.640

4.990

-

4.500

3.150

3.500

3.950

3.950

3.490

3.000

6.190

3.390

3.240

3.590

3.690

4.090

Servus Credit Union

-

4.000

3.140

3.040

3.750

4.640

4.990

Steinbach Credit Union

-

-

2.700

3.000

3.100

3.250

3.450

4.000

3.090

3.040

3.750

4.390

4.990

Peace Hills Trust President’s Choice Fin’l

T-D Mortgage

3.000

Rates effective as of March 20, 2014. *Rates subject to change without notice.

NewCondoGuide.com | VOLUME 22 ISSUE 04 | NEW CONDO GUIDE 89

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:

90 NEW CONDO GUIDE | VOLUME 22 ISSUE 04 | NewCondoGuide.com

CONDOS FROM THE $140’S There’s nothing worse than waking up with regrets, especially when it comes to your new home.

In addition to laminate flooring, six appliances and available underground parking, all Elements condos come with the peace of mind that you have purchased a quality home from a reputable local builder. Visit our two new showsuites, now open at our Hermitage and Laurel locations, and see what sets Elements by Carrington apart from the competition.

We can’t help it if you had a bit too much fun last night, but we’re sure that an Elements condo is a decision you can live with!

Live with no regrets from just $668/month!*

RD R NW ILLE GA

SE SE

56 Street & 7 Avenue 587.520.0482

ELEMENTS AT HERMITAGE

16A AVE NW

FROM THE $170’s

ELEMENTS AT LAUREL ELEMENTS AT WILLOWHAVEN ELLERSLIE RD SW

54 ST

FROM THE $140’s

DR

7 AVE SW

3353 - 16A Avenue 587.520.0482

ELEMENTS AT Willowhaven

HENDAY

WINDERMERE BLVD

23 AVE

70 ST

ELLERSLIE RD

75 ST

RABBIT HILL RD

34 ST NW 50 ST SW

WHITEMUD DR

TERW

SW

DR NG

50 ST

NNI

SHERWOOD PK FWY

ARGYLL RD

111 ST

WINDERMERE RD

SOLD OUT

NE

WHITEMUD DR

FROM THE $190’s 508 Albany Way 587.523.7912

ELEMENTS AT LAUREL

ANTHONY

75 ST

T TR LBER ST A

142 ST

ANTHONY HENDAY DR

WINTERBURN RD

YELLOWHEAD TRAIL

WHYTE AVE

FROM THE $160’s 340 Windermere Road 780.469.6976

ELEMeNTS AT ALBANY HYNDMAN RD

NW

82 ST

137 AVE

YELLOWHEAD TR

ELEMENTS AT WINDERMERE

ELeMENTS at WINDERMERE

IA T

167 AVE

ROSENTHAL BLVD

ELEMENTS AT HERMITAGE RD ITAGE HERM HYNDMAN CR

R

MA

WAY

TOR

ALBANY

VIC

ELEMENTS AT ALBANY

66 ST

142 ST NW

*Monthly payment based on 5% down and a 25 year amortization.

1196 Hyndman Road 780.473.9143

SALES HOURS Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

elementsbycarrington.ca

Sa Centleres Now O pen!

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

Legend

LEDUC • 9’ ceilings on all floors

Devonshire Village

• Located in the Avalon blooming Villascommunity of Rosenthal, Jade offers convenient access to the Anthony Henday as well as Whitemud Drive Villas/Bungalows Estate Condos • Laminate floors & overheight cabinets

Senior Community Villas/Bungalows Estate Condos

Senior Living

Eton Park Villas

Alta Vista

Glastonbury Village

Villas At Lacombe Park

McCrae Estates

Bedford Village

• 780.903.2465 • Full height ceramic subway style• 780.497.7245 backsplash • 780.903.2465

• 780.406.7530

• Secure, heated underground parking with storage Avalon Villas

• 780.995.3713

Reflections

• 780.975.8866

Eton Park Estates • STARTING FROM JUST $186,900 • 780.975.8866

• 780.934.6636 • 780.975.8866

Citadel Village • 780.934.6636

Devonshire Village • 780.934.6636

ROSEN

Southwoods

• 780.432.3222

West Call Trent at

780.426.1686 *Select suites only, for a limited time.

See Sales Associate for details.

NW Corner of Rosenthal Blvd & 215 Street

NATURALLY INSPIRED LIVING IN WEST EDMONTON’S MOST DESIRABLE NEW NEIGHBORHOOD

Call Trent today for the best suite selection & pricing!

WEBBER GREENS DR

CALLINGWOOD RD

170 ST

WHITEMUD DR

ANTHONY HENDAY DR

WINTERBURN RD

NTHAL BLVD

benefits of purchasing a carrington condo SPECIAL SECTION: BECAUSE WE'RE BUILDER OF THE YEAR!

2

4

Bu 01 of ilde Ye the r ar

In addition to 2014 Multi-family Builder of the Year, Carrington is proud to announce that they also received the

PHBI New Home Buyers Choice Award!

Other achievements include: Best Brochure Package Allure Condominiums Rookie of the Year Single/Multi-Family Dina Zejnilovic Best Multi-Family Apartment Style over $350,000 Lammond Suite Best Sales & Information Centre Multi-Family E’Scapes Condominiums

Award Winning Condo's from $159,000 STAY TUNED NEXT MONTH FOR PART 3: AMPLE AMENITY SPACES

West

NW Corner of Rosenthal Blvd & 215 St | 780.426.1686 • Convenient access to the Anthony Henday & Whitemud Drive • 9' ceilings on all floors • Laminate Floors, full height backsplash, and stainless steel appliances • Secure, heated underground parking with storage • Two storey lobby • STARTING FROM $186,900

• Exceptional landscaping with easy walkability to neighborhood amenities, parks & ponds • Stainless steel appliances & full height backsplash • 9' ceilings on all floors • Convenient access to St Albert & the Henday

NorthWest

167 Avenue & Albany Way | 587.520.3372

• STARTING FROM $242,900

6076 Schonsee Way | 780.476.1137 • One bedroom, one bedroom plus den, two bedroom, & two bedroom plus den suites available

• Just minutes from shopping, dining & many other amenities

P R I N T L O G O A P P L I C AT I O N

• STARTING FROM $159,000

6076 Schonsee Way | 780.476.1137

NorthEast

• Underground heated parking, laminate flooring, window coverings, and six appliances included

• One bedroom, two bedroom, & two bedroom plus den suites available • Underground heated parking, laminate flooring, window coverings, and six appliances included S I G N L O G O A P P L I C AT I O N

• Just minutes from shopping, dining & many other amenities • STARTING FROM $169,900

• Beautiful park views • Laminate floors & overheight cabinets • Full height ceramic subway style backsplash • Located in Edmonton's only exclusive lake side community with swimming, boating, fishing, skating, cross country skiing, sledding and so much more • STARTING FROM $213,900

SouthEast

6084 Stanton Drive | 780.756.0096

SouthWest

1144 Adamson Drive SW 587.520.6775 PMS1545: 53M100Y72K

PMS 2204: 32C2M7Y1K

• Walking distance to a vibrant new town centre, 8583 future LRT station & recreational complex, metallic Blackmud Creek Ravine & much more • Two storey lobby & 9' ceilings on all floors • Full height backsplash, laminate floors & six appliances included • Beautiful ravine views • Personalize your space with a complimentary interior design consultation

ANTHONY HENDAY DRIVE

RAI WA TT MO ES JAM 30 AVE SW

EXCELLENCE IN HOUSING AWARD WINNER

ALLARD LINK SW

127 ST SW

L

ELLERSLIE RD

111 ST SW

• STARTING FROM $179,900

ENTER TO

WIN

A $500 SHOPPING SPREE! at the

Spring

CONDO EVENT CONDO PRICES ARE ON THE RISE, SECURE YOUR 2013 PRICING NOW!

Saturday, March 29 th Noon to 5pm • Learn how to "bling" out a condo at Elan with tips from our resident Interior Designer • Enjoy a sparkling tea pop, refreshments and treats • Receive a complimentary photo with outrageously “blingy” props in the photo booth • Please feel free to invite your friends & family, everyone is welcome

2014 Awards of

EXCELLENCE in HOUSING

4042 MacTaggart Drive | 780.756.2230 • Located in the Uplands of Mactaggart Allure boasts close proximity to stunning natural spaces, fabulous amenities, as well as the Anthony Henday & Whitemud Drive • Cast-in-place concrete construction • Double, triple, and quadruple underground parking garages available • STARTING FROM $599,592

2014 Awards of

EXCELLENCE in HOUSING

11080 Ellerslie Road | 780.756.2230 • Cast in place concrete construction

SouthWest

• Engineered hardwood floors, stainless steel appliances & overheight ceilings • Guest suite, leisure centre & rooftop terraces • Just minutes from shopping, dining and many other amenities • STARTING FROM $237,080

2014 Awards of

EXCELLENCE in HOUSING

6079 Maynard Way | 780.438.4911 • Gorgeous lake views* • Luxurious amenities to extend your living space • Located in the Southwest community of Mactaggart this location offers easy access to the Anthony Henday as well as many amenities • STARTING FROM $286,000

308 Ambleside Link | 780.438.1513 • 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

SouthCentral

• STARTING FROM $189,900

7825–71 Street | 780.461.1622 • Award winning location • 15,000 ft2 of amenities including a fitness centre, a 3500 ft2 party room with wet bar, kitchen, gas fireplace, games table, billiards & more!

• Aquatic Centre equipped with an indoor pool, hot tub, locker rooms, steam room & outdoor patios • STARTING FROM $249,900

Sometimes it's good to be all over the map!

WITH OVER 10 CITYWIDE LOCATIONS CARRINGTON HAS SOMETHING FOR EVERYONE

FROM $186,900 NW Corner Rosenthal Blvd & 215 St 780.426.1686

ALBANY WAY

L’ATTITUDE STUDIOS

167 AVE

WATERSTONE

YELLOWHEAD TR

SW

E’SCAPES FROM $237,080

WHYTE AVE

WHITEMUD DR

ARGYLL RD

NW

GAR

DR

AVIVA

ILLE

6084 Stanton Drive SW 780.756.0096

RABBIT HILL RD

FROM $242,900

23 AVE

ELLERSLIE RD

Albany Way & 167th Ave 587.520.3372

NE

FROM $159,000

6076 Schonsee Way 780.476.1137

WINDERMERE BLVD

STANTON DR

northshore FROM $169,900

6076 Schonsee Way 780.476.1137

SALES HOURS Mon–Thurs 3PM–8PM Sat, Sun, holidays 12PM–5PM Closed on Fridays

EXCELLENCE IN HOUSING AWARD WINNER

70 ST

SHOREWINDS

30 AVE SW JAMES MOWAT TRAIL

DR

BY APPT ONLY

111 ST

FROM $213,900

WHITEMUD DR 75 ST

SOUTHWINDS SE

ROSENTHAL BLVD

7825 - 71 Street 780.461.1622

TERW

S CEN

URBAN VILLAGE FROM $249,900

SHERWOOD PK FWY HENDAY

4042 MacTaggart Dr SW 780.756.2230

ANTHONY

FROM $599,592

75 ST

ALLURE

T TR LBER

1144 Adamson Dr SW 587.520.6775

ST A

FROM $179,900

142 ST

É LAN

ANTHONY HENDAY DR

WINTERBURN RD

11080 Ellerslie Road 780.756.2230

66 ST

6083 Maynard Way 780.438.4911

82 ST

FROM $286,000

TOR

IA T R

FROM $189,900 308 Ambleside Link 780.438.1513

VIC

W

jade

nce upon a time...

Little Red Riding Hood used to have to venture through dangerous wolf country to visit her beloved grandmother‌until her grandmother decided to move into a Rohit Certified Smart Space.

Location is SO important, it’s usually said three times.

We build in communities that offer great accessibility to future and current amenities and conveniences.

Find a home in your ideal location!

RohitCommunities.com

Grandma’s House

JUST GOT A WHOLE LOT CLOSER

isit sho SOUTHWEST EDMONTON

Creekwood Chappelle |

DUPLEX

Showhome at 504 Chappelle Drive SW Call Candice at 780.990.9588

Glenridding Heights |

TOWNHOME

Showhome coming soon! PRE-SELLING! Call Kim at 780.906.9808

Langdale |

TOWNHOME

Showhome at 704 – 176 Street SW Call Lily at 780.690.7825

Allard |

TOWNHOME

3322 Abbott Crescent SW NEW! Call Blair at 780.909.9141

For all product listings and m visit RohitCommunities.com

t a Rohit owhome today NORTHEAST EDMONTON

FORT SASKATCHEWAN

Cy Becker |

Sienna |

DUPLEX

DUPLEX JUST RELEASED!

Showhome at 118 Cy Becker Blvd NW

Showhome at 1 Santana Crescent

Call Chris at 780.995.6054

Call Chris at 780-446-2643

NORTHWEST EDMONTON

SHERWOOD PARK

Starling at Big Lake |

Aspen Trails |

DUPLEX

DUPLEX

Showhome at 2407 Sparrow Crescent NW

Showhome at 2 Sunterra Way

Call Pam at 780.938.5478

Call Wende at 780.952.1572

WEST EDMONTON

Hamptons |

DUPLEX

Showhome at 1753 Hammond Crescent NW Call Kim at 780.906.9808

more information m

FIND YOUR PERFECTLY LOCATED SMART SPACE IN A

ROHIT DUPLEX OR TOWNHOME Rohit Duplexes & Townhomes are located in prime areas with great amenities. With 16 locations in Edmonton and area we are sure to have a perfect fit for you!

Homes up to 1500 square feet with two or three bedrooms.

Features such as laminate, tile, granite, and second floor laundry come standard with many upgrade options available.

Landscaping, deck, and appliance allowance are included with all our duplexes. Moving into a new home has never been easier!

Starting from the $310,000’s, with no condo fees!

Edmonton & Area M

y da en

tho An

ive Dr

1 66 Street

r lbe ra tT

2

FORT SASKATCHEWAN

Range Rd 230

153 Ave

.A

St

Drive bon ib

137 Street

e Av

9

H ny

127 Street

Ra yG

99

ive

Dr

92 Street

ST. ALBERT

g nin an

il Yellowhead Trail Yellowhead Trail Groat Road

8

Wye Road

Whyte Ave Whitemud Drive 50 Street

75 Street

3

Terw illeg ar

1. Edmonton North

Elements – Two storey duplexes or townhomes with attached garage or without attached garage

Village – Two storey townhomes or duplexes with rear lane access

6

3. Edmonton West Elements Hamptons

Elements Cy Becker

Elements Edgemont

Evolve Cy Becker

Evolve Edgemont

4. Edmonton Windermere

Landing – Townhome Condominium Project

5. Creekwood Chappelle Elements Chappelle

6. Edmonton South

Tawa Landing

8. Sherwood Park Elements Summerwood Park

Vistas at Callaghan North

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4

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