Jun 20 - Jul 18, 2014 Volume 22 Issue 07
THIS HOME PAYS ITS OWN BILLS SPARROW LANDING: EDMONTON’S FIRST NET-ZERO COMMUNITY
INSIDE THIS ISSUE
ESTIMATING YOUR HOME INSURANCE PREMIUMS
WHAT IS BRIDGE FINANCING?
STYLE FILE: WALLPAPER IS BACK, BABY!
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. “Save $20,000 off!” Limited Time Offer.
EmeraldEstates Hills Urban Village Reflections Reflections McCrae PH: 587-594-2947 PH: 780.406.7530 Edmonton, In Award Winning LocatedLocated in Sherwood Park Village at Griesbach INCLUDES:
• Eton Park Estates has Includes: adult living • active Spacious floorplans ••Eton Parkfinishings Place has Premium • luxury 6 Appliances retirement living Underground parking ••Easy access to shopping, restaurants and trails • Open concept floorplans
PH: 780.410.0004 PH: 780.975.8866 Sherwood At CentreinInthe Park, LocatedPark, in Centre The Park Sherwood Park INCLUDES: Includes: ••Granite countertops Concrete and steel construction ••Stainless Stainlesssteel steel appliances appliances ••9’Hardwood, ceilings granite, & ceramics Staring from $259,800 ••Air conditioning • Underground parking
Southwoods Village Eton Park Villas
PH: 780.975.2509 PH: 780.903.2465 Sherwood Park, Adult Bungalows, Only Independent living location in 3 Remaining! Hazeldean INCLUDES: Includes: ••1 Finished bedroom + den basements and GST ••2Stainless bedroom coach homes steel appliances Granite,laundry hardwood, ceramics ••In-suite Immediate possessions available ••Air conditioning • Family party room
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
Devonshire Village
Call to view a show home! Senior Community Villas/Bungalows Estate Condos
Avalon Villas
Villas/Bungalows Village at Westmount
Estate Condos Villas at Lacombe Park
Senior Living Rivers Edge Villas
PH: 780.452.2030 Eton Park Villas Independent Living with optional • 780.903.2465 services.
PH: 780.903.2465 Alta Vista St. Albert, Adult Bungalows • 780.497.7245 Showhome Now Open
PH: 780.554.8342 Glastonbury Village Cameron Heights, Adult • 780.934.6636 Bungalows
• 780.903.2465 INCLUDES:
• 780.406.7530 INCLUDES:
• 780.975.8866 INCLUDES:
Villas At Lacombe Park
• • • • •
Villas construction SteelAvalon and concrete • 780.995.3713 1 + 2 bedrooms + den 490 - 1135 sq. ft. Full kitchens • In-suite laundry Air conditioning
McCrae Estates
• • • •
Reflections Finished basements and GST • 780.975.8866 6 appliances Hardwood and ceramics Eton Park Estates • 780.975.8866 Spacious floorplans
Bedford Village
• • • •
Citadel Village and GST Finished basements • 780.934.6636 6 appliances Hardwood and ceramics Devonshire Village • 780.934.6636 Spacious floorplans Southwoods
• 780.432.3222
VISIT US ONLINE AT CDLHOMES.COM
Luxury IN A COMPLETE
PACKAGE
Spectacular lifestyle condos from the
In West Edmonton
190’s to 350’s $
$330’s
Mon-Thur: 3-7pm Sat, Sun & Holidays: 1-5pm Closed Fridays Show Home: 780.802.6016
victorytownhomes.ca
In North Edmonton Pegasus Blvd
Townhomes in Griesbach from the
vipliving.ca
Anthony Henday
Show Home: 780.930.1518 (Karen/Crystal) Cell: 780.445.4248 (Karen)
Guardia n
Rd. 199 St.
Mon-Thur: 1-7pm Sat, Sun & Holidays: 1-5pm Closed Fridays
Grantham Ct
$
N
Whitemud
Dewolf Rd.
137 Ave.
N
780.974.4757 S O L A R A L I V I N G . CA
A FRESH START SOLARA 2 NOW SELLING CONDOS FROM THE
170s!
$
With the success of Solara 1, we’re back in the starting blocks pre-selling beautiful suites in Solara 2. It’s a sprint to the finish as our best selection of spacious one & two bedroom options won’t last long. We’re proud to put our track record on the line with stunning granite countertops, stylish maple kitchen cabinets and large balconies. It’s no time for a false start, your first place awaits!
VISIT OUR SALES CENTRE
127 St.
145 Ave. 127 St. just north of 142 Ave. 142 Ave.
N
Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm • Closed Fridays
NEW DOESN’T INSTANTLY EQUAL QUALITY It’s about what’s inside
UNMATCHED STRENGTH with each wall built over 200% stronger than the walls in most new homes
MILLIMETRE PRECISION robotics build our homes perfectly in a cutting edge facility called Landmark Building Solutions
EXTREME EFFICIENCY from the most effective insulation available — spray foam — as our standard
SENSIBLY SUSTAINABLE with creative use of every bit of building material — like using front door cut-outs as attic doors — to reduce our total waste per home to about half the industry norm
BUILT TO LAST with top engineers’ ideal combination of materials & home plans HEALTHIER HOMES guaranteed with our unique moisture & mold resistant building process
SUBLIME STYLE comes standard with touches like designer Kohler faucets — before any upgrades
But don’t believe a word we say Come see for yourself VISIT OUR EDUCATION INSPIRED SHOW HOME AT MAGRATH GREEN 2003 RABBIT HILL RD OR CALL 780.702.3120 Walk through a real Landmark home and read the museum style signs that help you see what’s beyond the walls. Regardless of the builder you choose, taking a tour of our brand new Education Inspired Show Home will help you make an informed decision on the next place you call home. * Some of the above information may not apply to Landmark Urban products.
6 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
7
TABLE OF CONTENTS
June 20 – July 18, 2014 VOLUME 22 ISSUE 07
ON THE COVER
Landmark Homes: This home pays its own bills
COLUMNS, NEWS & FEATURES
22
58 70 018 EDITOR’S NOTE
055 QUICK TIPS A place and a space for everything
026 INVESTOR ADVICE Why the mortgage rate wars are great for condo investors
032 ROHIT COMMUNITIES Tawa Landing First Place Program celebrates grand opening
058 DESIGNER ADVICE In between seasons, in between spaces
028 HOME SWEET HOME Lessons learned, the easy way
068 MAKE YOUR MOVE Read and understand your moving contract
066 LANDMARK DONATES $10 million gift to U of A to build Green technology and practices for construction industry
COLUMNS
BY ANDREW LA FLEUR
BY LYDIA MCNUTT
042 INDUSTRY UPDATE Make room for the baby boom BY JIM RIVAIT
050 MONEY MATTERS Owning versus renting BY GAIL VAZ-OXLADE
BY HELLEN BUTTIGIEG
BY YANIC SIMARD
BY CHUCK RESNICK
IN THE NEWS
024 CONDO ACT Condominium laws to be strengthened for Albertans 030 CMHC REPORT May housing starts
086 ROYAL LEPAGE Warmer weather spurs rise in recreational property sales FEATURES
044 MORTGAGE MATTERS What is bridge financing, and how can it help you? BY ALYSSA RICHARD
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
32
DESIGN EDITOR
Yanic Simard
SENIOR MEDIA CONSULTANT
Shelley Balla 587.784.4044
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Hannah Yarkony GRAPHIC DESIGNERS
Caroline Wassef
Published By
PO Box 458 Station Main Edmonton, AB T5J 2K1
24
064 SAVING SPACE Maximizing your small bathroom
BY SYLVIA DAOUST
075 STYLE FILE Wall flower
BY ELISA KROVBLIT
084 HOT TOPIC How much will your home insurance cost? HOMEBUYERS’ RESOURCES
016 WEB DIRECTORY 025 TIPS & TRICKS Changing your address 087 HOMEBUYERS’ HELP Condo Buyers’ Resource Section
42
PROJECT LOCATION MAPS
021 South East 027 Sherwood Park 029 Leduc 031 Beaumont 035 North East 043 North West 047 Gibbons 049 Fork Saskatchewan 051 Morinville 053 St. Albert 057 West 059 Spruce Grove & Stony Plain 061 South Central 069 Downtown 077 South West
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.
ADVERTISING RATES
T 587.784.4044 email shelley.balla@wall2wallmedia.com CIRCULATION Edmonton’s New Condo Guide is
published every four weeks, 13 times per year. To submit articles or advertising, we are located at PO Box 458 Station Main Edmonton, AB T5J 2K1. New Condo Guide is free to the public.
EDITORIAL Submissions from interested parties will be considered. Please submit to susan.legge@wall2wallmedia.com
The views and data expressed by columnists do not necessarily represent those of the publication.
SHOW SUITE NOW OPEN
Secord Corners
LUXURY TOWNHOMES DESIGNED FOR TODAY’S BUYER
W
ords like stylish, modern & even a little bit sexy come to mind as you enter the Secord Corners Townhomes. Gleaming granite countertops, large windows and a glass tile backsplash in the kitchen give the space a sleek, urban feeling while features like the large rear deck & oversize double attached garage are exactly what suburban buyers are looking for. Innovative finishes like glass walls instead of the usual spindle stair railings allow light to flow throughout the home. Thoughtfully positioned in the west end of Edmonton, Secord Corners townhomes are located in the gorgeous community of Secord. This family oriented community is 12 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
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. There are only 20 townhomes remaining in the final phase of this private community. Homes are selling fast - so do not wait to reserve your Secord Corners home! 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 9535-217st, 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.
215 ST.
WINTERBURN RD.
Lake
217 ST.
BLVD. ORD SEC
STONY PLAIN RD.
WHITEMUD DR.
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 13
E X E C U T I V E T OW N HOM E S
Major elbowroom to get your kicks in Spacious and trendy living rooms are 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
14 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | 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
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
16 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
KEEP YOUR EYES ON THE PRIZE!
With record sales numbers for many multi-family
The reasons behind this are simple. If we look at
and single-family builders in Edmonton within the
RF5 (townhome) activity in Edmonton, 60% of the
first 5 months of 2014, the Edmonton marketplace
market is concentrated within the $250/sqft range,
has proven to be a very lucrative market. Focusing
while condos reach their threshold at an estimated
on the multi-family marketplace, the City of
$350/sqft. Anything priced higher is generally
Edmonton has seen an increase of 75% in RF5
pursuing 10-15% of the market and will sell at a
(Townhome) permit growth since 2010 and an
much slower pace. Appropriate price points can be
increase of 51% permit growth in the multi-family
determined through a statistical analysis study
market overall.
provided
by
Intelligence
House
during
the
preliminary stages of development. With the proper Such strong numbers can only signify that a
product mix, sales (velocity) increases as marketing
developer can build any multi-family product at any
costs decrease.
price point and it will sell, right? Wrong, and let us At the end of the day, a developer has to ask
explore why.
themselves, what are my goals? Do I want to sell out in
my development as fast as possible, making a
Edmonton, we will find there is much excitement
respectable return? Or, am I willing to sit on my
as products are flying off the shelf at record pace.
development for years at a higher price point
However, never assume the old proverb, “if you
offering, hoping it will eventually sell and make the
build it, they will come”, especially in Edmonton’s
highest premium possible? To us, the answer is
marketplace. Just because the Edmonton Real
obvious.
If
we
examine
the
multi-family
market
Estate market is at an all-time high in 2014, doesn’t mean just anything will sell. For example, certain
It is time to take advantage of the Edmonton market
projects in the downtown core are off to a decent
with the right product at the right price point. Always
start in sales, whereas others are years in the
remember, keep your eyes on the prize!
making, and still not sold out. This occurs in all sectors of the city, not just downtown.
Until Next Time!
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.
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 17
EDITOR’S NOTE
GET OFF THE FENCE AND MAKE A SMART MOVE
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
During periods of market fluctuation and uncertainly, people may be hesitant to move or buy a home, saying they are waiting for “better times.” The issue with this approach is that better times usually become evident only after prices and interest rates have already risen. Potential homebuyers who have been sitting on the fence soon find they have missed a valuable opportunity to participate in a ripe marketplace. Before you shop for your new condo, do your homework. Take the time to get pre-approved for a mortgage so you can shop with confidence. Not only does a pre-approved mortgage help define what you can afford, it locks you into today’s excellent mortgage rates for up to 120 days. Locking in means you don’t have to worry about rising rates and if posted rates drop, yours should too. Be sure to get your home-buying team together well before you shop, and choose an experienced builder/developer who is building in a neighbourhood you love, along with a specialized real estate lawyer and mortgage expert. Having these key people in place will make your transaction easier and less stressful, regardless of market conditions.
A LITTLE PEACE OF MIND
LYDIA MCNUTT EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
Home and property insurance is often an afterthought for many homebuyers – especially first-timers. Whether this is your first home or your 10th, if you’re considering making a move then now is a good time to get informed on insurance issues. How much will it cost to rebuild your home in case of a flood or fire? Can you pony up all that cash to cover replacement costs? Not likely, which is why most lenders require that your home is insured on closing day. Make this a priority. There are other types of insurance to consider. Is your down payment less than 20 per cent of the value of the home you intend to purchase? If so, you’ll also require mortgage loan insurance, which helps protect lenders against mortgage default. The lender pays the insurance premium and passes that cost on to you, which can be paid up-front or, more commonly, added on to your mortgage. So, the lenders in the equation are covered, but what about you and your loved ones? Mortgage life insurance is a peace-of-mind product that would protect your family and home in the event of critical illness, accident or death of the policy holder. Should the unthinkable happen, the policy would pay out the remaining sum on your mortgage. Your home represents a major investment – financial and emotional – so don’t leave your future to chance. Get educated, plan ahead, and sleep a little better at night knowing your home is protected.
18 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
Introducing Vibe Condos for an entirely new concept in condo living Transformable, adaptable and flexible floorplans rise to meet every occasion and take open-concept living to a new level Ultra-modern studio, 1 & 2 bedroom condos are compact, well edited and infused with the latest design trends’ Find a Vibe as unique as you with customizable Lifestyle Modules and À La Carte options built right in to your suite Amenity spaces that challenge the status quo: two-story fitness centre, cyber café and urban garden plots ... to name a few Desirable downtown location brings convenience to your doorstep and the city to your backyard Close proximity to river valley, recreation, shopping, LRT, Grant MacEwan University and NAIT
Urban modern living from the 170's
opening th th july 12 register at vibecondos.com
107 AVE
106 AVE
115 ST
780.705.1350
West of 116 Street & South of 107 Ave
117 ST
Call Riley at
116 ST
108 AVE
Downtown
2014 Awards of
EXCELLENCE in HOUSING
4042 MacTaggart Drive | 780.756.2230
Sometimes it's good to be all over the map!
• Located in the Uplands of Mactaggart Allure boasts close proximity to stunning natural spaces, fabulous amenities, as well as the Anthony Henday & Whitemud Drive
WITH OVER 10 CITYWIDE LOCATIONS CARRINGTON HAS SOMETHING FOR EVERYONE
• Cast-in-place concrete construction • Double, triple, and quadruple underground parking garages available • STARTING FROM $599,592
jade
L’ATTITUDE STUDIOS FROM $230,900 308 Ambleside Link 780.438.1513
• Cast in place concrete construction • Engineered hardwood floors, stainless steel appliances & overheight ceilings SW
YELLOWHEAD TR
FROM $240,080
• Luxurious amenities to extend your living space
vibe CEN
• STARTING FROM $286,000
COMING SOON!
W of 116 St & S of 107 Ave 780.705.1350
NW
DR GAR
FROM $189,900
Albany Way & 167th Ave 587.520.3372
valour FROM THE 180’S
COMING SOON!
NE
SHOREWINDS FROM $291,000
ONLY 1 UNIT LEFT
6076 Schonsee Way 780.476.1137
northshore
• Full height backsplash, laminate floors & six appliances included • Beautiful ravine views • STARTING FROM $232,900
WINDERMERE BLVD
STANTON DR
N of 137 Ave on Griesbach Parade COMING SOON
• STARTING FROM $230,900
metallic
ILLE
ELLERSLIE RD
AVIVA
• Stylish suites come with six appliances, laminate floors & 9’ ceilings
• Walking distance to a vibrant new town centre, 2204:recreational 32C2M7Y1K future PMS1545: LRT stationPMS& complex, 53M100Y72K Blackmud 8583 Creek Ravine & much more
TERW
S CEN SE
6084 Stanton Drive SW 780.756.0096
23 AVE
FROM $171,900
6076 Schonsee Way 780.476.1137
SALES HOURS Mon–Thurs 3PM–8PM Sat, Sun, holidays 12PM–5PM Closed on Fridays
30 AVE SW JAMES MOWAT TRAIL
DR
FROM $213,900
RABBIT HILL RD
70 ST
• Building features underground parking, fully equipped fitness centre, convenient guest suite & social room with wet bar and billiards
BY APPT ONLY
WHITEMUD DR 111 ST
7805 - 71 Street 780.461.1622
SOUTHWINDS
1144 Adamson Drive SW | 587.520.6775
ROSENTHAL BLVD
75 ST
FROM $232,900
SHERWOOD PK FWY
ARGYLL RD
FROM THE 170’S
URBAN VILLAGE
308 Ambleside Link | 780.438.1513
WHYTE AVE
WHITEMUD DR
HENDAY
SouthWest
4042 MacTaggart Dr SW 780.756.2230
ANTHONY
FROM $599,592
• Gorgeous lake views*
75 ST
ALLURE
6079 Maynard Way | 780.438.4911
T TR LBER
1144 Adamson Dr SW 587.520.6775
142 ST
FROM $232,900
ST A
É LAN
EXCELLENCE in HOUSING
ANTHONY HENDAY DR
WINTERBURN RD
11080 Ellerslie Road 780.756.2230 2014 Awards of
IA T
R
E’SCAPES
• STARTING FROM $240,080
66 ST
6083 Maynard Way 780.438.4911
82 ST
97 ST
FROM $286,000
• Just minutes from shopping, dining and many other amenities
• Located in the Southwest community of Mactaggart this location offers easy access to the Anthony Henday as well as many amenities
167 AVE
WATERSTONE
TOR
11080 Ellerslie Road | 780.756.2230
• Guest suite, leisure centre & rooftop terraces
FROM $187,900 NW Corner Rosenthal Blvd & 215 St 780.426.1686
VIC
EXCELLENCE in HOUSING
ALBANY WAY
W
2014 Awards of
PART PART 5: 5: SECURITY SECURITY & & MAINTENANCE-FREE MAINTENANCE-FREE LIVING LIVING
West West
benefits of purchasing a carrington condo
NW NW Corner Corner of of Rosenthal Rosenthal Blvd Blvd & & 215 215 St St | | 780.426.1686 780.426.1686 •• ••
Convenient Convenient access access to to the the Anthony Anthony Henday Henday & & Whitemud Whitemud Drive Drive 9' ceilings on all fl oors 9' ceilings on all floors
•• ••
Two Two storey storey lobby lobby STARTING STARTING FROM FROM $187,900 $187,900
•• Laminate Laminate Floors, Floors, full full height height backsplash, backsplash, and and stainless stainless steel steel appliances appliances •• Secure, Secure, heated heated underground underground parking parking with with storage storage
Meet Meet Bob Bob & & Betty. Betty. They’ve just downsized They’ve just downsized from from their their family home to a Carrington family home to a Carrington condo condo here here in in Edmonton, Edmonton, and and it’s it’s changed changed their their lives lives for for the the better better in in so so many many ways! ways! Here Here is is just just one one of of the the many many benefi ts that Bob & benefits that Bob & Betty Betty are are enjoying enjoying in in their their new new home home so so far. far.
167 167 Avenue Avenue & & Albany Albany Way Way || 587.520.3372 587.520.3372
•• Convenient Convenient access access to to St St Albert Albert & & the the Henday Henday •• STARTING FROM STARTING FROM $189,900 $189,900
before Now Now that that their their kids kids are are grown-up grown-up and and have have moved moved out out Bob Bob & Betty like to spend their winters in Arizona. In their & Betty like to spend their winters in Arizona. In their house house they they had had to to worry worry about about winterizing winterizing everything everything and and having having family come by and check up on their place. Not family come by and check up on their place. Not the the stressstressfree free lifestyle lifestyle that that they they were were looking looking for for at at all. all.
after Now Now that that Bob Bob & & Betty Betty have have moved moved into into their their condo condo leaving leaving at the drop of a hat is no problem! Having a secured at the drop of a hat is no problem! Having a secured enentrance, trance, underground underground parking, parking, and and neighbours neighbours in in the the building building has has given given them them a a wonderful wonderful sense sense of of community community as as well well as as safety. safety. Jet-set Jet-set lifestyle, lifestyle, here here come come Bob Bob & & Betty! Betty!
North North of of 137th 137th Ave Ave along along Griesbach Griesbach Parade Parade •• Located Located in in North North West West Edmonton’s Edmonton’s most most desirable desirable new new neighbourhood, Village At Griesbach, which neighbourhood, Village At Griesbach, which features features four four lakes, lakes, a a 24 24 acre acre central central park, park, a a childrens childrens playground playground and and much much more more •• 9’ 9’ ceilings ceilings on on all all fl floors oors •• ••
Secure, Secure, heated heated underground underground parking parking with with storage storage STARTING FROM THE $180'S STARTING FROM THE $180'S
P R I N T L O G O A P P L I C AT I O N P R I N T L O G O A P P L I C AT I O N
•• One One bedroom, bedroom, two two bedroom, bedroom, & & two two bedroom bedroom plus plus den suites den suites available available •• Underground Underground heated heated parking, parking, laminate laminate fl flooring, ooring, window window coverings, coverings, and and six six appliances appliances included included S I G N L O G O A P P L I C AT I O N S I G N L O G O A P P L I C AT I O N
•• Just Just minutes minutes from from shopping, shopping, dining dining & & many many other other amenities amenities •• STARTING STARTING FROM FROM $171,900 $171,900
Award Award winning winning location location 15,000 ft2 of amenities 15,000 ft2 of amenities including including a a fi fitness tness centre, centre, a a 3500 3500 ft2 ft2 party party room room with with wet wet bar, bar, kitchen, kitchen, gas gas fi fireplace, replace, games games table, table, billiards billiards & & more! more!
•• Aquatic Aquatic Centre Centre equipped equipped with with an an indoor indoor pool, pool, hot hot tub, tub, locker locker rooms, rooms, steam steam room room & & outdoor outdoor patios patios •• STARTING STARTING FROM FROM $232,900 $232,900
SouthCentral SouthCentral
7805–71 7805–71 Street Street || 780.461.1622 780.461.1622 •• ••
NorthEast NorthEast
6076 6076 Schonsee Schonsee Way Way | | 780.476.1137 780.476.1137
CONDOS CONDOS WITH WITH BENEFITS BENEFITS FROM FROM $159,000 $159,000
NorthWest NorthWest
•• BUILDING BUILDING 2 2 NOW NOW SELLING SELLING •• Exceptional landscaping with easy Exceptional landscaping with easy walkability walkability to to neighborhood neighborhood amenities, amenities, parks parks & & ponds ponds •• Stainless Stainless steel steel appliances appliances & & full full height height backsplash backsplash
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
19
LOOKING FOR A JOB? ALBERTA BUILDER CONNECT JOB BOARD A career in the residential construction industry can mean many different things including working as an Architectural Technologist, Marketing Manager, Sales Professional, or possibly a Site Superintendent. The Alberta Builder Connect (ABC) job board provides you with a tool to find the right career, ensuring you have all the resources necessary to achieve your goals. The entire job search database is easily accessible. Simply search by keyword or by category and see all the recent jobs posted in Alberta. Learn more about popular career paths in the residential construction industry. Access valuable resources on resume writing and interview strategies to help you with your career search.
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20 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | 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.
8
43 Ave.
38 Av e.
39 Ave.
Calgary Trail North QE II
91 St.
Millwoods Rd.
34 Ave.
4 1
Anthony Henday Dr. 216
9 3
Ellerslie Rd.
5
11
91 St.
66 St.
10
50 St.
Parsons Rd.
4
23 Ave.
2
101 St.
MAP LISTINGS
6
30 St.
41 Ave.
7 URBAN VILLAGE ON WHYTE
1 CHARLESWORTH BY LANDMARK COMMUNITIES
BY CARRINGTON COMMUNITIES
5503 - 3 Ave. SW
7805-71 Street
2 SOUTHWINDS
8 ASPEN MEADOWS
BY CARRINGTON COMMUNITIES
BY LANDMARK URBAN LIVING
6084 - Stanton Dr. SW
43A Ave. & 23 St.
3 WALKER LAKE LANDING
9 SOUTHERN SPRINGS
BY CARLISLE DEVELOPMENTS
BY PARK HOMES
Corner of Welsh Dr. & Watt Blvd SE 4 TAMARACK
655 Watt Blvd. 10 THE EDGE IN ELLERSLIE
BY LANDMARK COMMUNITIES
BY DAYTONA HOMES
655 Tamarack Rd.
#44, 6520-2 Avenue SW
5 MAPLE WAY GARDENS
11 ELEMENTS AT WILLOWHAVEN
Off of Maple Road & 8 Street
BY CARRINGTON COMMUNITIES
6 TRAILS OF MILLCREEK ESTATES BY PARKWOOD MASTER BUILDER
34 St. & 35A Ave.
56 Street & 7 Avenue
SOUTHEAST EDMONTON | Call Nav 587.521.1444
elementsbycarrington.ca Please see our ad on the inside back cover
CONDOS FROM THE $180’S 5515 – 7TH AVENUE SW NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 21
Soak up the sun on the patio at Sparrow Landing — Alberta’s first Net-Zero townhome community — while the solar panels on the roof do the same.
What Every Home Owner Needs to Understand about Net-Zero A Net-Zero home is a micro generator. It’s a home that has the capacity to create enough electricity to power itself. One of the best ways to generate electricity in sunny Edmonton is to include solar panels on a home’s roof. The more sunlight there is the more clean free electricity your home can make. If a home has a solar system that can produce as much electricity as it uses in the course of the year, then it has a “net-zero” consumption of electricity — which is where this emerging new home category gets its name. Just as a plant harnesses sunlight and converts it into energy it uses to grow and be nourished, the solar panels on the roof harness the power of the sun and convert it into electricity to power the home. This process fulfills the energy needs of a modern household without causing any harm to the Earth. And if a Net-Zero home makes more power than it
22 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
uses, it’s set up to automatically sell that extra power. It’ll go back into the grid and to your neighbours’ homes. And you get paid for it. Net-Zero homes may seem more expensive at first, but the lower monthly bill payments actually leave people in Net-Zero homes paying comparable monthly amounts to their housing as someone who bought a similar non-Net-Zero home. The difference is that the Net-Zero homeowner pays more each month to a mortgage (which helps them gain more equity) and less towards energy bills, whereas a non-Net-Zero homeowner pays less towards the mortgage but spends much more on power bills. Landmark Homes is passionate about Net-Zero, and has built over 20 Net-Zero homes in Edmonton and Calgary — from Sparrow Landing townhomes (pictured above) to estate homes. This future thinking builder’s Net-Zero homes are designed for maximum efficiency, and require minimal electricity to perform to the
A relaxing front room at Sparrow Landing – Alberta’s first Net-Zero townhome community – the perfect spot to feel good about the future of the Earth (and low power bills).
highest standards. This means each kilowatt of power produced by Landmark solar panels goes further to keep your water hot and your home the perfect temperature. Plus, several devices are installed in a Net-Zero home’s inner workings to conserve and recycle energy in the home whenever possible. Landmark’s precise building system (LBS) also creates a protective building envelope that prevents unwanted transfers of heat in or out of a home, while integrating with the ventilation and humidifying systems in the house to keep the air extremely fresh and healthy — all using minimal energy.
Two stunning living walls are features of this Net-Zero lottery home in Jagare Ridge. They serve as reminders of how beautiful it is to be green – and that even luxurious estate homes can be Net-Zero!
VISIT LANDMARK’S EDUCATION INSPIRED TOWNHOMES AT 7804 MAY LINK OR CALL 780.702.3120 TO SEE HOW COMFORTABLE A NET-ZERO HOME FEELS, AND HOW BEAUTIFUL IT LOOKS! Come read the museum style signs throughout this home that help you see what’s beyond the walls. Regardless of the builder you choose, taking a tour of these Education Inspired Townhomes will help you make an informed decision on the next place you call home.
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 23
IN THE NEWS
CONDOMINIUM LAWS to be strengthened for Albertans
of the Alberta Condominium Owners Association. “They will help to ensure best practices for condominium boards and management companies, level the playing field among developers, and protect the rights and property values of purchasers and owners.” Work on the regulations, including details about the dispute tribunal and clarification of insurance obligations for corporations and owners, will begin shortly. In Alberta, there are more than 8,000 condominium corporations in operation and condominiums account for approximately 20 per cent of homes sold annually.
ENHANCED PROTECTION IS COMING TO ALBERTA’S CONDOMINIUM OWNERS,
thanks to a new bill being introduced to improve condo communities. “Buying a condo is an affordable option for Albertans entering the housing market, and is often their first real estate experience. After careful review and discussion with stakeholders and Albertans, our government will update the Condominium Property Act to make it easier for owners and builders to understand their responsibilities on the sale of condos,” says Doug Griffiths, Minister of Service Alberta. Bill 13: The Condominium Property Amendment Act, includes more than 50 amendments to the Act which were tabled in the Legislature. The proposed changes include: ›› the creation of a new condominium dispute tribunal; ›› improved disclosure of financial and other necessary information to buyers of new and converted condominiums; ›› updates to qualifications and standards of practice for condominium managers; and, ›› improved governance for condominium corporations. “These amendments help address the current and future needs of our growing and evolving condominium industry,” says Dr. June A. Donaldson, co-founder 24 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
“ These amendments help address the current and future needs of our growing and evolving condominium industry. They will help to ensure best practices for condominium boards and management companies, level the playing field among developers, and protect the rights and property values of purchasers and owners.”
SOUTHEAST CheCklist
Changing your address? Plan ahead to make your move as smooth as possible, and avoid getting lost in the shuffle!
Notify family and friends, companies and institutions that your address will be changing, either by phone or by mailing the change-of-address cards available at your local post office. The following checklist will serve as a convenient reminder:
as soon as possible…
❏ Accountant ❏ Alumni association ❏ Attorney ❏ Banks ❏ Lending institutions ❏ Insurance companies ❏ Investment companies ❏ Canada Revenue Agency ❏ Stockbroker ❏ Credit card company ❏ Employer ❏ Family doctor ❏ Dentist ❏ Veterinarian ❏ Frequent flyer program ❏ Magazine / newspaper subscriptions
❏ Catalogs ❏ Place of worship ❏ Update your driver’s license NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 25
INVESTOR ADVICE
// BY ANDREW LA FLEUR
WHY THE MORTGAGE RATE WARS ARE
great for condo investors
Low interest rates are great for your bottom line. How? By helping you pay down your principal faster while paying less interest. Consider this: on a $300,000 investment condo with 20 per cent down, at a three-per-cent interest rate, you will pay off $34,860 in principal in the first five years of your mortgage and $33,287 in interest. At a six-per-cent interest rate, you would pay down only $24,391 in principal and a whopping $67,739 in interest over the first five years of your mortgage. Buying the right condo, at the right mortgage interest rate, is a great move. Andrew la Fleur is an award-winning realtor with Re/Max and expert in the investment condo market. Email Andrew at andrew@truecondos.com
T
he mortgage rate wars are now in full effect. Recently we’ve seen the return of the 2.99-per-cent five-year fi xed-rate mortgage, and a huge surprise was when one lender announced an incredible 1.99-per-cent three-year variable-rate mortgage. Wow! So what do the mortgage rate wars mean to condo investors? It’s all good news, that’s for sure.
Low interest rates are here to stay. For the last five years it’s been the same old song from the skeptics: “Yes, interest rates are low, but what happens to everyone when rates jump back up to normal?” The reality is that the interest rates are not going anywhere any time soon. The Bank of Canada has recently come out and admitted that rates aren’t moving for the next one and half years or so. The U.S. federal reserve is saying the same thing. No civilized country on Earth is raising interest rates, so why would Canada? The U.S. economy, and therefore the world’s economy, is still sputtering along at a snail’s pace. It’s time to accept the fact that we will be in a low interest rate environment perhaps for the next decade or more. Are you going to sit on the sidelines and wait for higher rates, or are you going to take advantage and act now?
A better economy means more jobs and higher wages, which means more demand for real estate, and thus prices will rise, not fall When interest rates eventually do start to rise, don’t worry. Here’s why: The fears that people have about rising interest rates and a subsequent falling real estate market are irrational. Here’s why: if and when the Bank of Canada raises interest rates, that will mean that the economy is doing better than it is now, not worse. A better economy means more jobs and higher wages, which means more demand for real estate, and thus prices will rise, not fall. Prices fall during recessions, not during times of growth. Rental rate increases may slow down as more people shift from renting to buying in the future, but as a landlord you win either way. Interest rates stay the same and more people will rent, driving up your investment condo income. Interest rates start to rise and more people will buy, driving up your property’s value.
26 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
SherwoodPark dows Mea dale k r 7 la C 8 lvd. on y ood B t l w r r e a Ch Wa Summ
1y a sW de
4
Lakeland Dr.
6 Jim Commo nD r. 9
ver Bar Rd. Clo
Pa lisa
Hwy. 16
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 BY GRANDE DESIGN 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 E LEMENT 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 07 | NEW CONDO GUIDE 27
HOME SWEET HOME
Lessons learned,
THE EASY WAY
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets
I
// BY LYDIA MCNUTT
n my 10 years as an editor of real estate magazines, I have picked up a few things. Get pre-approved for a mortgage. Don’t buy beyond your means. Choose your location wisely. I’ve read this same advice time and time again, reiterated by various experts in their columns. I’ve even written a few articles myself on these subjects. But when it comes to learning, nothing beats first-hand experience. Having recently bought and sold a home, one thing I’ve discovered is that it’s always better to learn from someone else’s mistakes rather than your own. In our hunt for a home, my husband and I came across some interesting scenarios worth sharing. With a whole year of open houses under our belts before putting our own house on the market, we quickly learned how not to attract buyers.
In the “dog house.” My family’s beloved yellow Lab, Fred, holds a special place in our hearts, but I know not everyone feels the same way about house pets. Some people have allergies, some have phobias, and others just don’t care for them. My husband and I visited an open house with a pretty living room, a renovated and updated kitchen, and a large garage – perfect! But wait, what’s that noise? A pair of howling dogs crated in the garage were making their presence known to everyone who walked through that front door, and probably everyone within a five-mile radius! After enduring 10 minutes of incessant barking, we couldn’t get out of there fast enough. LESSON LEARNED Before opening your home to potential buyers, neutralize it of anything questionable. This includes the lingering aroma of last night’s fish fry, the remnants of that do-it-yourself cheese-making experiment, and every indication of pets. Even seemingly insignificant things can be enough to influence a prospective homebuyer’s decision – consciously or subconsciously. When in doubt, take it out. Our home is your home? It’s not mandatory that the sellers vacate the home for an open house, but it’s a good idea. You’ve heard that prospective buyers can have difficulties picturing themselves living in your house if they see your family photos on display. Well, that goes double for seeing you in the flesh. We went to an open house and there were the homeowners, drinking coffee with their feet up in their living room – not ours. We felt like intruders. LESSON LEARNED Typically an open house lasts for only about two hours. Go for a walk, go out for lunch, go to the grocery store. Just go! Dumping ground I actually went to an open house where I found a filthy toilet brush, dirty rags and a slop bucket stashed in the shower. Unfortunately for the sellers, this shower was enclosed in glass and thus, a very poor hiding place. “Gross,” I thought. I didn’t need to see any more. Speaking of “dumps,” there’s a house in my neighbourhood that has been on the market for more than a year. It’s not a bad looking house, so what’s the problem? Maybe it’s the slightly high asking price, or perhaps it’s the trashy, totalled car parked in the driveway, dripping oil, its bumper dangling by a thread. LESSON LEARNED A first impression is the only impression. Don’t waste this valuable opportunity by showing your home in a less-than-perfect light. While this all seems like common sense, some people don’t have it. The funny thing about these three scenarios is, the homeowners were all represented by selling agents who likely advised them on best practices. Do yourself a favour – follow professional advice, and learn by example. Before having your own open house, visit as many as you can, take note of what you liked about them, and what you didn’t. Then, learn from other people’s mistakes – not your own!
28 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | 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 07 | NEW CONDO GUIDE 29
CMHC REPORT
MAY 2014 HOUSING STARTS were trending at 184,438 units in May compared to 183,872 in April, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts. “In May, the trend in housing starts was virtually unchanged for the third consecutive month. This is in line with CMHC’s analysis indicating that the new home construction market in Canada is headed for a soft landing in 2014,” says Bruno Duhamel, manager, Housing and Economic Analysis. “Builders are expected to continue to manage their starts activity in order to ensure that demand from buyers seeking new units is first channeled toward unsold completed units or unsold units that are currently under construction, including condominium units.” CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations analyzing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next. The standalone monthly SAAR was 198,324 units in May, a slight increase from 196,687 in April. The SAAR of urban starts increased to 180,813 units. Multiple urban starts decreased to 117,709 units while the singledetached urban starts segment increased to 63,104 units. In May, the seasonally adjusted annual rate of urban starts increased in Atlantic Canada, Quebec, and British Columbia, held steady in Ontario, and decreased in the Prairies. Rural starts2 were estimated at a seasonally adjusted annual rate of 17,511 units. HOUSING STARTS IN CANADA
All starts figures in this release, other than actual starts and the trend estimate, are seasonally adjusted annual rates (SAAR) – that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. By removing seasonal ups and downs, seasonal adjustment allows for a comparison from one season to the next and from one month to the next. Reporting monthly figures at annual rates indicates the annual level of starts that would be obtained if the monthly pace was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels. 1
2 CMHC estimates the level of starts in centres with a population of less than 10,000 for each of the three months of the quarter, at the beginning of each quarter. During the last month of the quarter, CMHC conducts the survey in these centres and revises the estimate.
30 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
HOUSING STARTS IN CANADA – ALL AREAS * THOUSANDS
275 250 225 198,324
200 175
184,438
150 MAY 2012
MAY 2013
MAY 2014
Housing starts, SAAR Housing starts trend line (six-month moving average)
PRELIMINARY HOUSING START DATA MAY 2014 Apr 2014
May 2014
Trend1, all areas
183,872
184,438
SAAR, all areas
196,687
198,324
18,202
17,511
SAAR, rural areas SAAR, urban centres2
59,845
63,104
Multiples
Single-detached
118,640
117,709
Total
178,485
180,813
Atlantic, urban centres2
3,205
5,842
Quebec, urban centres2
33,573
38,599
Ontario, urban centres2
63,910
63,904
Prairies, urban centres2
52,822
44,518
British Columbia, urban centres2
24,975
27,950
May 2013
May 2014
18,837
18,352
2,319
1,739
Canada
Actual, all areas Actual, rural areas Actual, urban centres2 May - Single-detached May - Multiples
1 2
6,441
6,170
10,077
10,443
May - Total
16,518
16,613
January to May - Single-detached
22,704
21,358
January to May - Multiples
38,837
42,838
January to May - Total
61,541
64,196
Source: CMHC The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR). Urban centres with a population of 10,000 and over. Detailed data available upon request
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 housing solutions. 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. Follow CMHC on Twitter@CMHC_ca
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 07 | NEW CONDO GUIDE 31
IN THE NEWS
ROHIT COMMUNITIES:
Tawa Landing First Place Program celebrates grand opening
MAY 15 MARKED THE GRAND OPENING for Rohit Communities’ Tawa Landing. Differentiating itself from other multi-family developments in the city, Tawa Landing is part of the City of Edmonton’s First Place Program – a city initiative implemented to help provide first-time homebuyers with a financial advantage when entering the housing market. The First Place Program allows qualified individuals with household incomes up to $117,000 per annum to defer land cost payments for five years on their first home – interest free! Ultimately, this leads to more dollars being put toward a buyer’s
32 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
mortgage principle and an overall stronger investment in the property. The First Place Program was developed to provide young professionals and new families the opportunity to come back into existing mature neighbourhoods. The process involved public
The First Place Program allows qualified individuals with household incomes up to $117,000 per annum to defer land cost payments for five years on their first home – interest free! Ultimately, this leads to more dollars being put toward a buyer’s mortgage principle and an overall stronger investment in the property.
consultants, community members, city officials, and the developers to ensure that there was a consensus on location and design. As with all Rohit Communities homes, the architectural controls were held to the highest standard, ensuring that the First Place Program community blends perfectly into the existing neighbourhood. The program re-purposes vacant school sites into the new developments, allowing Rohit Communities to not only provide an alternate housing option for new homebuyers, but also aids in the revitalization of Edmonton’s older neighbourhoods. The best part is, majority of green space still remains for the whole community to enjoy. The grand opening event kicked off with Russell Dauk, Rohit’s vice-president of Land & Commercial, addressing the crowd. “This is a really special day for us,” he said. “It’s really special any time a company gets to open some showhomes and reveal a product they have been working on for several years. This is especially special because of the significance of the First Place Program.” Dauk noted the importance of all the individuals involved with the project – the Rohit team, the
The First Place Program was developed to provide young professionals and new families the opportunity to come back into existing mature neighbourhoods. The process involved public consultants, community members, city officials, and the developers to ensure that there was a consensus on location and design. customers, and the City of Edmonton declaring, “The city of Edmonton has had some wonderful vision to bring this project forward, have these homes available in revitalized neighbourhoods and bring families back into these mature communities.” Among the guests were city councillors Gibbons, representing the city of Edmonton, congratulated the communities and families involved with the First Place Program. “This is the third grand opening of a First Place Program community,” and stated, noting that with Edmonton growing at such a quick pace, it is important to focus on infill projects within the city. The Tawa Landing grand opening event included the showing of two beautiful two-storey townhomes. Guests were treated to food and beverages during the event, and a ribbon cutting that included the new Tawa Landing community. With two- or three-bedroom options available, every home features an open-concept design that maximizes living space and showcases the exceptional craftsmanship that is expected from a Rohit home. As a testament to the demand of these homes, Tawa Landing has sold out in less than 10 months. Rohit Communities is currently selling another First Place Program development in Casselman Landing in North Edmonton. For more information about Rohit Communities and the First Place Program please visit rohitcommunities.com and firstplaceprogram.com. NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 33
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. 44 34
Visit www.MySage.ca or call 780-423-5510!
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 S TATION POINTE BY BCM HOMES 403 Belvedere Way 4 N ORTHSHORE
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
7 11 Hooke Rd. Hermita g YEL e Rd. 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. LEMENTS AT 10 E 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 ELEMENTS 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 $180’S 1180 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 35
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 Edmonton!
KAYLA CASSELMAN LANDING HOMEOWNER
WHAT DO YOU DO?
I’m a high school teacher. WHAT’S YOUR FAVORITE THING ABOUT YOUR NEW NEIGHBOURHOOD?
It’s close to the LRT, which is really nice. I also like how there’s a whole bunch of new shops and a theatre going in all really close by. It’s pretty close to my parent’s house too, which is nice. WHERE DO YOU SEE YOURSELF IN FIVE YEARS?
I’m hoping to still be teaching, hopefully starting a family - getting married, having children, all that kind of stuff. So, in five years I’m hoping to be more stable. I don’t know if that’s actually stable, but I guess that’s what everyone calls it! WHAT SHOULD PEOPLE KNOW ABOUT THE FIRST PLACE PROGRAM?
That it exists! I just happened to Google townhouses for sale and it was something that came up - I had never heard of it before. I think the big thing is getting the word out that this program exists, and that it’s an option for young professionals. WHAT ARE THE BENEFITS OF BUYING IN A FIRST PLACE PROGRAM NEIGHBOURHOOD?
Definitely price, which is a big factor, and you know the people living by you are also first-time homeowners – so, you’re kind of all in it together. DO YOU THINK THE FIRST PLACE PROGRAM HELPED YOU?
Absolutely, it’s such a good deal. You get so much for your money. I couldn’t find anything as big or with as many features as this house anywhere else and for this price. So, it has definitely helped me.
RohitCommunities.com 36 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
TOWNHOMES FROM THE $240,000’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 50 St
Yellowhead Trail
N
Prices subject to change. Whyte Ave
Whitemud Drive
50 St
SHOWHOMES NOW OPEN! 75 St
Anthony Henday Drive
EDMONTON
Gateway Blvd
Calgary Trail
23 Ave
Call Lynn at 780.914.1565
RohitCommunities.com NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 37
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
70% SOLD! TIME IS RUNNING OUT!
DONATE TODAY. STOLLERYKIDS.CA
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With your support, the Stollery Children’s Hospital Foundation is able to provide life-saving equipment, research that paves the way for new treatments and cures, medical innovations and specialized training, so that every child has the chance to go home again.
www.airharbour.ca Open Mon-Thurs 2-8pm, Sat-Sun 12-5pm 175 McConachie Drive For more information contact: Nina Flora
STYLISH TWO-STOREY TOWNHOMES Starting from the $270’s!
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For more information contact: Nina Flora Altitude located at: 450 McConachie Way | Mon-Thurs 2-8pm, Sat-Sun 12-5pm 38 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
CRYSTALLINA NERA
NORTHEAST
UNDER CONSTRUCTION
L
THE RADIANCE IN EAUX CLAIRES
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 size 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 environmental conscious features that add value and plenty of appeal to the property. The four storey condominium building features a modern exterior with brick accents and aluminum cladding. A heated underground
40 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
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 – 1,168 square feet and are available in one bedroom plus one bath and two bedroom plus two bath options. There are ten floor plans to choose from, including limited availability for a three bedroom plus two bath floor plan option. Each suite features an open
NORTHEAST
concept floor plan with upgraded laminate flooring throughout. A designer lighting package and quartz kitchen countertops compliment 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 utilize 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 BBQ 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 8 foot 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 6” 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 have the knowledge and expertise in creating exceptional apartment condominium, duplex, and townhomes that fit the needs of home buyers. Specializing in efficiently designed homes, Footprint developments provide home buyers with a quality product that features energy efficient technology and convenient designs. Phase one condos at the Radiance are sold out! Phase two is now over 60% sold with prices starting in the upper $100s. Townhomes are in high demand at the Radiance with townhomes in phase one of the development almost completely sold out! Sales are also strong in the second phase of the project and with townhome prices starting from the mid $200s this is definitely an opportunity you won’t want to miss out on! For more information or to learn more about the condominiums and townhomes at The Radiance visit their website at www.radiancecondos.ca or call Suzie at 780.940.1803. Visit the sales centre at 9505 160 Avenue NW, Monday to Thursday from 3 to 8pm. Saturday, Sunday, & Holidays from 12-5pm.
SELLING FAST!
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 41
INDUSTRY UPDATE
// BY JIM RIVAIT
MAKE ROOM FOR THE BABY BOOM
Jim Rivait is chief executive officer of the Canadian Home Builders’ Association – Alberta. Starting his career working in government, Jim has spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.
B
aby, we’re growing fast! News that a record number of children were born in the province last year confirms the impression gained from frequent stroller sightings – Alberta is enjoying a baby boom.
The media hubbub about the popularity of the names Liam and Olivia drowned out any talk about what the birth of 53,090 babies means for Alberta communities. Just imagine this. That’s enough babies to require more than 11 million diapers in a single year. Enough babies to fill 736 full-sized school buses that would stretch out in a convoy for more than eight kilometres. Someday, they could snap up almost every seat in three new NHL arenas like the one under construction in downtown Edmonton. And even though these babies don’t know it, they are the reason thousands of families spend time discussing a theme familiar to many parents: “Do you think we need a bigger home?” Population experts talk about “family formation” as one of the key reasons people decide to buy their first home. And with Edmontonians in the mood for lots of “family formation,” it only makes sense to expect the city’s alreadystrong housing market to get a baby boost. The Edmonton home building industry is certainly seeing the impact of rising population and a strong economy. And all those new homes now under construction have plenty of features to appeal to families eager for a place to call their own. New homes offer a cleaner and safer environment for the whole family. Indoor air quality will be managed using the latest technology. Moisture levels will also be controlled and those unpleasant reminders of previous residents – pet odors being an example – will be a thing of the past. New parents will also appreciate the safety upgrade that comes with a new home built to meet the latest and highest standards. Features such as hardwired smoke detectors mean extra peace of mind that will make sleep more restful – at least when baby does not have other ideas about how to spend the night. And it is a comfort knowing your new home will have better insulation and more efficient heating and cooling systems. That means a comfortable home for baby and lower utility bills for mom and dad. There’s also something about having a family that tends to make people think of look-term security. So, a 10-year home warranty is the kind of investment protection that many young families will appreciate. Best of all, Edmonton’s vibrant home-building community has a wide selection of homes to meet the needs of individual buyers. Talk to a CHBA – Edmonton Region member about the many different styles, locations and prices available in the market. It doesn’t take long to fall in love with a new baby – or a new home! The CHBA – Alberta represents new home builders, renovators, developers, trade and supply companies, and professional services. Check the CHBA Edmonton Region website for local builders.
42 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
NorthWestEdmonton City Boundary
12 176 Ave. Castle Downs Rd.
2 167 Ave.
162 A ve
.
15
153 Ave. 6 14 8 1 10 4
142 Ave.
7 132 Ave. 127 Ave.
ail d Tr
124 St.
142 St.
149 St.
. Rd eld yfi
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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.
Dr
An
th on y
il Tra ert Alb
He nd ay
St.
11
135 St.
137 Ave.
13
97 St.
150 Ave.
121 St. 113A St.
153 Ave.
127 St.
5 9
148 Ave.
Campbell Rd.
3
Stony Plain Rd.
MAP LISTINGS
1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave. 2 ALBANY TRAILS BY FOOTPRINT DEVELOPMENTS
138 St & 167 Ave. 3 AVIVA BY CARRINGTON COMMUNITIES
167th Ave & Albany Way 4 VICTORY LANE BY ABBEY LANE HOMES
2510 Pegasus Blvd. 5 U PPER CARLTON BY REID BUILT HOMES 13838 - 166th Avenue 6 V ALOUR BY CARRINGTON COMMUNITIES
North of 137 Ave along Griesbach Parade
7 BELLWETHER PARK 132 Ave. & 132 St. 8 VICTORY PARK BY ABBEY LANE HOMES
Pegasus Blvd & Sir Arthur Curry Way 9 THE SILHOUETTE AT CARLTON BY CASSEL COMMUNITIES
15503 - 139 St.
13 STARLING AT BIG LAKE BY ROHIT COMMUNITIES
137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES BY SLOKKER CANADA WEST
2570 Pegasus Blvd. 15 CAERNARRON KEEP - FIRST PLACE PROGRAM BY LANDMARK COMMUNITIES
14621 - 121 St. NW
10 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES
4450 McCrae Ave. 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 $189,900
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 07 | NEW CONDO GUIDE 43
MORTGAGE MATTERS
// BY ALYSSA RICHARD
BRIDGE FINANCING:
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
I
t’s unlikely that the first home you buy will be the one you stay in forever. At some point, you’ll want to sell and buy a new home – either to upsize, downsize or move to a new location. And when you find yourself in that situation, there’s a good chance you’ll be relying on the equity from your existing home to help you purchase your next one. Unfortunately, you could get stuck in a situation where the closing date for your new home is before the closing date of the home you’re selling, which leaves your down payment tied up in equity. Mortgage brokers estimate that 20 to 30 per cent of Canadian homeowners find themselves in this predicament; if you’re one of them, bridge financing is the tool that can help you out of it. How does a bridge loan work? Well, let’s say the closing date for 44
What is it and how can it help you?
the home you’re buying is 40 days before the closing date for the home you’re selling. A bridge loan is simply a loan for the amount of equity you want to take from your existing home that covers you for those 40 days. Bridge loans are automatically repaid when your sale goes through and your equity is put against the mortgage on your new home. Because bridge financing is so common, all of the big banks offer it to their mortgage customers. (Note that some smaller lenders and credit unions do not.) Most lenders are comfortable lending up to $200,000 for as many as 120 days. If you require a larger loan or an extended period of time, you may need to hire a real estate lawyer, which makes the financing process more expensive, as legal fees will be involved.
To qualify for a bridge loan, all you need is a copy of the Sale Agreement from your existing home and the Purchase Agreement for your new home Of course, as much as a bridge loan is meant to help you out with your home purchase, it is still subject to interest – often at a rate similar to an open mortgage or a personal line of credit (such as prime plus two or three per cent). The interest rate may seem high, but remember it’s only charged for a short period of time, before the equity from your first home will be available to repay the loan. Your lender may also charge a flat administration fee in the range of $200 to $500. To qualify for a bridge loan, all you need is a copy of the Sale Agreement from your existing home and the Purchase Agreement for your new home. Oh, and firm closing dates on both properties – without them, you may need to get a bridge loan from a private lender, who will charge you a much higher interest rate than what one of the big banks would. Good luck!
In this booming market prices have skyrocketed. Thankfully, there’s an exception to every rule. Visit our sales centre:
250s
$
137 Ave 132 Ave
Now under construction!
132 St
6 unique floor plans up to 1,622 sqft
127 St
Stylish townhomes with two-car garage from the
N
780.455.9811 • bwpark.ca
Mon - Thurs: 3 - 8 pm Sat - Sun & Hol: 1 - 5 pm
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 07 | NEW CONDO GUIDE 47
IN THE NEWS
Bank of Canada maintains
OVERNIGHT RATE TARGET AT 1 PER CENT THE BANK OF CANADA HAS ANNOUNCED THAT IT IS
maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Total CPI inflation has moved up to around the two-per-cent target, sooner than anticipated in the Bank’s April Monetary Policy Report (MPR), largely due to the temporary effects of higher energy prices and exchange rate pass-through. Core inflation remains significantly below two per cent, although it has drifted up slightly, partly owing to past exchange rate movements. Global economic growth in the first quarter of 2014 was weaker than anticipated in the MPR and recent developments give slightly greater weight to downside risks. The U.S. economy is rebounding after a pause in the first quarter, but there could be slightly less underlying momentum than previously expected. Globally, long-term bond yields have continued their decline, reflecting in part growing market anticipation that interest rates will remain low over the long term.
This, along with buoyant stock markets and tight credit spreads, indicates that financial conditions remain very stimulative. The Canadian economy grew at a modest rate in the first quarter, held back by severe weather and supply constraints. The ingredients for a pickup in exports remain in place, including the lower Canadian dollar and an anticipated strengthening of foreign demand. Improved corporate profits, especially in exchange ratesensitive sectors, should also support higher business investment in the coming quarters. There are continued signs of a soft landing in the housing market and a constructive evolution of household imbalances. We still expect excess supply to be absorbed gradually as the fundamental drivers of growth and inflation in Canada strengthen.
Global economic growth in the first quarter of 2014 was weaker than anticipated in the MPR and recent developments give slightly greater weight to downside risks Weighing recent higher inflation readings against slightly increased risks to economic growth leaves the downside risks to the inflation outlook as important as before. At the same time, the risks associated with household imbalances remain elevated. The Bank judges that the balance of risks remains within the zone for which the current stance of monetary policy is appropriate and therefore has decided to maintain the target for the overnight rate at one per cent. The timing and direction of the next change to the policy rate will depend on how new information influences the balance of risks.
48 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
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
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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 07 | NEW CONDO GUIDE 49
MONEY MATTERS
// BY GAIL VAZ-OXLADE
OWNING VERSUS RENTING
T
he housing market has gone wild in much of the country and it has people panting to make a good investment, and make the jump from renting to owning. Slow down and consider all the angles before you dive in. ›› There’s something about money
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
Did you see that? Did you? The issue has shifted from “shelter” to “profit.” That’s because people believe that a home is a good investment. While the money is a key consideration – and it’s a pretty complex one – it shouldn’t be the only consideration. That being said, if you’re going to make the decision to move from renting to buying, you have to look at the dollars and cents. First there’s the straight calculation that compares the cost of carrying your own home (your principal and interest payments and property taxes) with the cost of renting one. Sometimes that comes out a wash, which immediately brings people to the conclusion that renting sucks.
Renting versus owning: While the money is a key consideration – and it’s a pretty complex one – it shouldn’t be the only consideration. That being said, if you’re going to make the decision to move from renting to buying, you have to look at the dollars and cents. CONTINUED ON PAGE 52… 50 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
Edmonton & Area
Grandma’s House
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ive Dr
1 66 Street
lbe rt
2
il
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Yellowhead Trail Yellowhead Trail Groat Road
Baseline Road
7
Wye Road
Whyte Ave Whitemud Drive 50 Street
75 Street
3 Location is SO important, it’s usually said three times.
Whitemud Drive Dr ive
Terw illeg ar
4
23 Ave
or townhomes with attached garage
Evolve – Single homes with or without attached garage
Village – Two storey townhomes or duplexes with rear lane access
Landing – Townhome
5
RohitCommunities.com
1. Edmonton North
Home Styles Vistas – Bungalow communities Elements – Two storey duplexes
111 Street
Drive Henday A n th ony Ellerslie Road
6
17 Street
Calgary Trail
to future and current amenities and conveniences.
N
Whitemud Drive Gateway Blvd
We build in communities that offer great accessibility
Highway 21
move into a Rohit Certified Smart Space.
EDMONTON
Cloverbar Road
to visit her beloved grandmother…until her grandmother decided to
Highway 14
Anthony Henday Drive
venture through dangerous wolf country
Find a home in your ideal location!
FORT SASKATCHEWAN
Range Rd 230
153 Ave
.A
St
137 Street
e Av
8
H ny
127 Street
Ra yG
99
ive
Dr
92 Street
ST. ALBERT
Drive bon ib
nce upon a time...
JUST GOT A WHOLE LOT CLOSER
g nin an
3. Edmonton West
Condominium Project
5. Edmonton South
7. Sherwood Park
Casselman Landing
Elements Hamptons
Callaghan Landing
Elements Aspen Trails
Elements Cy Becker
Elements Edgemont
Vistas at Callaghan North
Evolve Sherwood Park
Evolve Cy Becker
Evolve Edgemont
Village at Allard
2. Edmonton North West
4. Edmonton Windermere
Elements Starling
Elements Glenridding Heights
Evolve Starling
Evolve Glenridding Heights
Evolve Allard Vistas at Allard
6. Edmonton South East Tawa Landing
RohitCommunities.com
8. Fort Saskatchewan Elements Sienna
isit a Rohit showhome today NORTHWEST EDMONTON
WEST EDMONTON
FORT SASKATCHEWAN
Starling at Big Lake |
Hamptons |
Sienna |
DUPLEX
Showhome at 1753 Hammond Crescent NW
Call Pam at 780.938.5478
Call Kim at 780.906.9808
SOUTHWEST EDMONTON
Edgemont |
Glenridding Heights |
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!
DUPLEX
Showhome at 2407 Sparrow Crescent NW
TOWNHOME
NEW Showhome now open! 2351 Glenridding Boulevard SW Call Candice at 780.990.9588
Allard |
TOWNHOME
NEW Showhome now open!
DUPLEX
Showhome coming soon! PRE-SELLING! Call Kim at 780.906.9808
Starting from the $320,000’s* *Prices subject to change
Showhome at 1 Santana Crescent Call Kathy at 780.446.2643
SHERWOOD PARK
Aspen Trails |
DUPLEX
Showhome at 400 Churchill Crescent
NORTHEAST EDMONTON
Cy Becker |
DUPLEX
Showhome at 118 Cy Becker Blvd NW Call Chris at 780.995.6054
675 Allard Boulevard SW Call Blair at 780.909.9141
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. Moving into a new home has never been easier!
DUPLEX JUST RELEASED!
For all product listings and more information visit RohitCommunities.com
Call Wende at 780.952.1572
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
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 51
MONEY MATTERS
CONTINUED…
Renters aren’t responsible for maintenance. Homebuyers also need to consider closing costs which include legal fees, land transfer tax, and other miscellaneous expenses that you don’t pay if you are renting. First and last months’ rent is also a ways smaller than the typical down payment on a home. Of course, all that has to be balanced off against the fact that no matter how small the principal portion of your mortgage is (and it’s miniscule in the early years), as long as the market is stable, and you’re not looking to make a quick sale with the hopes of turning a profit, homeowners are building equity and increasing their net worth with every mortgage payment. And when you sell your principal residence one day, the money you earn is tax-free. ›› It’s a wonderful life
When I was in my 20s, I lived in a neighbourhood that was suited to a single girl hell bent on a good time. Back then, renting was the perfect solution: one of limited responsibilities and commitment. If a window broke, I called the
landlord. If the fridge stopped working, I called the landlord. Renting is virtually a worry-free existence. (All this is assuming you have a decent landlord). Home ownership is a responsibility that also brings a ton of warm, fuzzy feelings. It means you can put down roots. You have complete control of your environment so, yes, you can paint your living room red. ›› Location, location
Buying a home in a neighbourhood you don’t know well is one of the top mistakes homebuyers make. If you’re new in town, you may be better of renting for six months or a year to get a feel for the area. If you like living there, you’ll feel much more comfortable signing on the dotted line later on. ›› Steady as she goes
Your employment prospects should be pretty stable before you consider buying your own home. Home ownership requires a number of regular payments – the mortgage, property taxes, utilities, maintenance and insurance. Missing any of these payments can trigger dire consequences. There are a number of financial factors that will weigh in when it comes to the buy versus rent question. But the decision involves much more than just running the numbers. You’ve also got to look at the emotional rewards and challenges of each alternative. I’ve been a renter and I’ve been a home owner, and overall I like ownership more.
Renters aren’t responsible for maintenance. Homebuyers also need to consider closing costs which include legal fees, land transfer tax, and other miscellaneous expenses that you don’t pay if you are renting.
52 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
St.Albert ros e Dr.
Keil lor Dr.
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Sturg eon Rd .
e. Poirier Av
Rd .
1 SAGE GARDENS
St. Al be r
Boudreau Rd.
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167 Ave.
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170 St. Gerva is
Av e.
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Dr. ins k t A
Campbell Rd.
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4
Ga te 184 St.
Levasseur Rd.
MAP LISTINGS
3
ton ins W Sir
er Riv n eo rg Stu
Kin gsw ood Blvd.
lle Be
Ro ad He be rt
ve. yA enn K c M
ron Per
Lacombe Dr.
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TO MORINVILLE
3 BOTANICA
BY VI PROPERTIES
BY BOUDREAU DEVELOPMENTS LTD.
25 Element Drive
105 Bellerose Drive
2 CITADEL VILLAGE
ENOR ON THE RIVER 4 T
BY CHRISTENSON COMMUNITIES
DEVELOPED BY MCLEOD PROJECT MARKETING
St. Albert Trail & Ridge Drive
35 Sturgeon Road
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 53
QUICK TIPS
// BY HELLEN BUTTIGIEG
A PLACE AND A SPACE FOR EVERYTHING
Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com and sign up for the free newsletter.
W
hether you have a sprawling home with plenty of room or a cosy place that has little in the way of extra space, you need to create a system so that your home functions in a manner that accommodates your lifestyle. And whether you live large or small, chances are there’s a favourite spot in your home that sees more than its fair share of action. It’s a corner of the sofa you curl up in, or a spot at the breakfast counter that has a pile of things you want to get to “when you have a minute” which could use a little bit of help. Without designated spaces, you’re forever tucking things away that don’t have a real home – and wasting far too much time trying to remember where to retrieve them. Develop a place for each activity you do, and a space to keep those items that go with it to add some organization to your home – and your life!
Where did I put the... Have you ever stored a special item in a safe place and then forgotten where you put it when you need it three months later? A simple solution is to create a document in Microsoft Word or a similar program on your computer to record the location of seldom-used articles. Use the ‘find’ feature in Word (located in the Edit drop-down menu) to retrieve the information quickly within the document. Be sure to name the document something obvious so you can find it on your computer. Name that room. Rooms that don’t have a specific purpose often become dumping grounds for clutter. Before you begin de-cluttering, go through your home, room by room, and determine how you want to use each space. Identify which items support the purpose of the room and which ones should be moved elsewhere. Keep a few boxes handy so you can easily transport smaller items to their appropriate rooms. Everything needs a home.
Whenever you bring a new item into your home, immediately find a permanent place for it to live. To help you determine the best spot for it, ask yourself what else is like it, and where (and how often) you will use it. Store similar things together and store items near their place of use. Items used daily should be placed in the most accessible areas (within arm’s reach), whereas seldom-used items can be stored in out-of-the way spaces. Keep a label maker handy to
label drawers, shelves and containers so you don’t have to rely on your memory when you need to find something quickly. What did I do with that manual?
Did you add new appliances and electronics to your collection recently? Staple the receipt and warranty to the instruction manual and tape it to the bottom of the item so it’s easy to find if you need to refer to it. For portable items like cell phones and MP3 players, store the manuals in an accordion file by category. Where did I leave my keys? The most common excuse for lateness? “I couldn’t find my keys”. It’s hard to be successful if you can’t even leave your home. Save yourself the frustration and embarrassment by simply making an extra set of keys and keeping them in a special place. Give another set to a relative or neighbour in case of emergency. Create a home for your keys and always place them there when you arrive. You can use a bowl, a small basket or a hook. If all else fails, attach a beeper to your keys that you can activate when they go missing.
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 55
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213 St.
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87 Ave.
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QUESNELL BRIDGE
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199 St.
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11
GROAT BRIDGE
142 St.
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156 St.
178 St.
8 1
175 St.
Rosenthal Blvd.
Stony Plain Rd. 100 Ave. 95 Ave.
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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 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Grantham Court 2 JASPER GATES 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
5 JADE BY CARRINGTON COMMUNITIES
NW corner of Rosenthal Blvd & 215 Street 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER
GLENORA SKYLINE 10220 - 140 Street
10 ELEMENTS HAMPTONS BY ROHIT COMMUNITIES
1753 Hammond Cres NW 11
STAFFORD GREENS BY ALDRITT HOMES
62 Ave & Getty Gate
BY QUALICO LIVING
9820 165 Street 8 VIP AT CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Granthan Court
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 57
DESIGNER ADVICE
IN BETWEEN
seasons, spaces IN BETWEEN
// BY YANIC SIMARD // PHOTOS BY TED YARWOOD
SUMMER IS COMING! THE WARM WEATHER IS SLOWLY SETTING IN OUTSIDE – it’s only natural to want to enjoy
this sunny feeling indoors as well. With these design tips, you can to start to enjoy the great outdoors immediately!
Branch out » Florals are experiencing a huge revival, updated from the overly fussy patterns we associate with granny’s curtains, to become contemporary, organic touches of natural beauty. In this dining room space, I used an elegant, leafy wallpaper to draw a connection to the outdoors, and then continued it into the kitchen to visually link the two rooms. For a similar effect try Graham & Brown’s “Claire” or “Harem Tulips” prints. Visit grahambrown.com. CONTINUED ON PAGE 60…
58 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
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 B ARTH & 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 07 | NEW CONDO GUIDE 59
DESIGNER ADVICE
CONTINUED…
» Did you know that wallpaper can make a beautiful backsplash? By itself of course it’s a little impractical, but adding simple glass panels over top gives an easily cleaned surface while letting the paper shine through. This way, you can use one favourite print throughout, or choose a special accent to create a unique backsplash feature. Keep your options open » Sometimes the best way to introduce fresh, fun colour in a space is to start with none at all – keeping your fixed elements neutral gives you a flexible backdrop for ever-changing accents to suit your moods. You’ll see, however, that doesn’t mean I let these spaces be boring: introducing variety through patterns, textures, and different materials (such as the wood table and clear plastic chairs) gives even a neutral palette lots of depth and visual interest year round. » Once you have this beautiful neutral canvas, introduce colour through accessories. Live plants add a friendly infusion of green to liven up your dining table or countertop. Removing the doors from a standard cupboard creates an open shelving display for colourful dishes and glassware – just keep the doors
stashed away for later. Add a few beautiful books or an oversized vase, and suddenly you’ve got a whole colour scheme you can switch up at any time. Blur the lines » I love pieces that can work indoors and out, such as the classic Bertoia dining chair (pictured above). The open metal frame makes a mid-century statement inside, but is totally practical outdoors, so it can be moved to wherever you want extra seating. Other pieces such as ceramic garden stools, stone-topped bistro tables, or clear plastic stackable chairs provide equal flexibility – consider investing in these even in the colder months and love them all year round. » Whether you have a wall full of windows around a patio door or a small sliver of glass, keep the view as open as possible by hanging a simple sheer over top. By draping the full wall you help blur the line between the walls and windows, making the warm light the focus, and preserving the sightlines while also maintaining your privacy. Place the rod just below the ceiling and run the fabric to just above the ground, for a clean, contemporary effect. Sing the blues » Blue and green (which is half blue) are both natural hues that we are used to seeing in the world in a tone-on-tone effect, so they make great near-neutrals and work especially well when combined in multiple shades. This makes it especially easy to slowly add an accessory collection over time (as you happen across different stores) without wondering about whether pieces will “match.” If you stick to the blues, you won’t have a worry in the world.
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. 60 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
SouthCentralEdmonton North Saskatchewan River
1
84 St.
Whyte - 82 Ave. 76 Ave.
75 St.
85 St.
Co nn or sR d.
90 Ave. 83 St.
103 St.
104 St.
. n Dr ewa atch Sask
95 Ave. 92 St.
105 ST BRIDGE
5
101 Ave. 98 Ave.
Scona Rd.
Sas kat che wa nD 2 r. 87 Ave.
JAMES McDONALD BRIDGE
99 St.
109 ST BRIDGE
114 St.
Groat Rd .
GROAT BRIDGE
FOOT BRIDGE
79 St.
106 Ave.
DAWSON BRIDGE LOW LEVEL BRIDGE
CAPILANO BRIDGE
3
4 51 Ave.
MAP LISTINGS
1 MILL CREEK PARK BY PARKWOOD MASTER BUILDER
3 U RBAN VILLAGE ON WHYTE BY CARRINGTON COMMUNITIES
8515 - 99 Street 2 BENTLEY IN WINDSOR PARK BY YORKTON GROUP INT’L
5 L UMIERE BY INFINITI HOMES
10836-85 Ave.
7805-71 St. 4 THE UNIVERSITY BROWNSTONES BY TESSCO
11710 - 87 Ave.
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 $232,900 7805 – 71 street (Between Whyte Ave & Argyll Road) NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 61
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 pre-sales. For25 more information visit the Phase One Show Suite at 10808 Avenue Thursday 4-6:30pm or anytime For71 more information visitfrom the Phase One Show Suite atby 10808 appointment. Call Troy Stenson at ReMax River City 780.439.7000 71 Avenue, open Monday to Thursday, 4-7 pm, weekends 1-5 pm or call Troy Stenson at Re/Max River City, 780-439-7000
COVERED with CARE www.blanketltd.ca
www.edmontoncondo.com
Visit us online for priority registration on Phase 2 and view our new upgraded construction specs 62 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
PHASE II 65% SOLD OUT! 15 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
THURSDAY 4-6:30PM OR BY APPOINTMENT ANYTIME
SAVING SPACE
// BY SYLVIA DAOUST
MAXIMIZING YOUR SMALL BATHROOM
I
f you’re living in home under 1,000 sq. ft., you are undoubtedly dealing with limited space in the bathroom. Typically, the only storage available in small bathrooms resides under the sink. If you’re lucky, the vanity has a drawer or two, but overall the space tends to lack suitable storage. Learn how to make the most of your small bath with a little creativity and a few space-saving tricks.
Sylvia Daoust, owner of Niche Small Space reDesign, based in Calgary. She is renowned for simplifying homes and offices with mini renovations, redesigned rooms and tricky organization projects. Join her blog, nicheredesign.com/blog/ where smart solutions transform challenging spaces every week! Follow Sylvia on Facebook.com/nichedesignsinc and Twitter@SylviaDaoust
Under the sink Using roll-out drawers creates easy access to extra toilet paper, cleaning supplies and large bottles. The two-tiered design provides perfect storage for the small items that you want off your countertop. These rolling systems can be found in the kitchen and/or bath department at your local home improvement store. In the shower/bath If bottles of shampoo and soap are “spilling” into your tub, use the shower wall to keep the mess at bay. Suction storage baskets are easy to clean, can be repositioned and store everything from kids’ bath toys to hair products. Power lock hooks work well to hang face cloths, razors and shower squeegees. On the wall Mount a repurposed wine rack to the wall to store rolled face, hand and smaller bath towels. Need more space for the large towels? Try installing a wall of hooks rather than a traditional towel rod. Use the back of your door if you’re short on wall space to hang a shoe/pocket organizer. This way, you gain a ton of storage without drilling any holes in the wall! Above the sink/toilet Rod-based organizing systems Ikea uses in their kitchens work just as well in the loo and can be tailored to your needs. Containers that hang from the chrome rod can corral toothbrushes and hair gel, keeping your vanity clear of clutter and making clean-up a snap. Reuse a couple of baskets or small wine crates to create unique storage. Mount two or three of these backside to the wall and use the cubby area to store rolled towels, bath soaps and containers of hair accessories. Looking for visual inspiration? Check out our Pinterest Board for Bath Storage: pinterest.com/nicheredesign/hidden-linens-laundry-bath-storage-hidden-storage-/ (The featured bath design was the perfect small space challenge for us at Niche reDesign. The original ’60s brown toilet, sink and tub were the least of our worries! There was very limited space for a sink and vanity, and the door swing ate up what little space was left for additional storage. Check out how we conquered these issues.)
64 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
TIPS & TRICKS
PACKING TIPS
to make your move a little easier PACKING TIPS ❏ 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.
GENERAL MOVING TIPS ❏ Disconnect and bundle cords on television and stereo components. Label each cord with masking tape and a description of where to re-connect it.
❏ To save time on moving day, move your boxes from the basement, upstairs or attic to the main floor prior to the move date. Consider carrying items from the backyard to the front yard or garage ahead of time.
❏ Plan and measure where your furniture will be placed in your new home. It’s helpful to draw a layout of your new home and sketch in the major furniture pieces.
❏ Keep your phone connected through moving day to stay in touch with friends, family and the moving company.
MOVING-DAY ESSENTIALS TO KEEP ON HAND ❏ Phone
❏ Change of clothes
❏ Boxes
❏ Toiletries
❏ Packing Tape
❏ Medicine
❏ Scissors/X-Acto knife
❏ Maps
❏ Packing bubbles
❏ Food
❏ Markers & labels
❏ Drinks NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 65
IN THE NEWS
$10 MILLION GIFT TO U OF A ENGINEERING WILL BUILD GREEN TECHNOLOGY and practices for construction industry
particularly residential construction, is an energy-intensive activity generating enormous amounts of waste and greenhouse gas emissions. But the recent announcement of a new school of building science and engineering at the University of Alberta, established by Landmark Homes founder Reza Nasseri, is about to change that. Fuelled by a $10-million gift from Reza and Sylvia Nasseri to the U of A Faculty of Engineering, the Nasseri School of Building Science and Engineering will serve as a teaching and research hub in which engineering students, professors, researchers and supporting staff will focus on improving the use of materials and energy in the construction and design of homes and buildings. Advances made through this research will reduce environmental impact, enhance safety for workers and occupants, and increase affordability of residential construction. CONSTRUCTION IN NORTH AMERICA,
Fuelled by a $10-million gift from Reza and Sylvia Nasseri to the U of A Faculty of Engineering, the Nasseri School of Building Science and Engineering will serve as a teaching and research hub in which engineering students, professors, researchers and supporting staff will focus on improving the use of materials and energy in the construction and design of homes and buildings “My motivation is to lower carbon emissions and waste associated with residential construction, to increase sustainability and to improve the quality of homes being built,” says Landmark founder Reza Nasseri, who graduated from the U of A in 1970 with a degree in electrical engineering. 66 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
“I want to make sure that this technology advances. If you push technology, you can bring the cycle of change down to 10 years or less, and now we have a school where we will educate people, and where we can develop technologies to reduce waste and produce better homes.” Dean of Engineering David Lynch praised Nasseri’s generosity, foresight and vision, explaining that the Nasseri School will have an impact across all of the engineering disciplines. “When you think of everything involved in building a home, it crosses many boundaries, from the foundations and concrete work to wiring and electrical appliances, plumbing and heating; and there
are all sorts of materials,” Lynch explained. “We expect that the Nasseri School will have an impact on all of our departments including biomedical engineering, where new technologies can be applied to make homes safer for seniors and those living with disabilities.” University of Alberta Board of Governors chair Doug Goss said collaborations like this bring the challenges of the industry closer to today’s students and build a bridge that speeds the transfer of research in universities to industry. “This relationship is beneficial to students, who will become tomorrow’s industry and community leaders, and it provides a conduit for TOP RIGHT
Reza Nasseri Photo by Demetri Giannitsios BOTTOM (LEFT TO RIGHT)
Mike Nickel (City Councillor – Edmonton Ward 11), Douglas Goss (chair of the University of Alberta board of governors), Dave Hancock (Premier of Alberta), Reza Nasseri, Sylvia Nasseri Ralph Young (Chancellor, University of Alberta), Dr. David Lynch (Dean of Engineering, University of Alberta) Photo by Demetri Giannitsios
“By establishing the Nasseri School we are building a path that students of tomorrow can follow,” Lynch said. “This gift will have a truly transformative impact on teaching, research and the construction industry for years to come.” the exchange of ideas and transfer of new knowledge,” Goss said. Lynch believes that creating the Nasseri School is just the beginning of support for new directions in the construction industry and engineering practices. “This very special gift opens the doors to even more support,” he said, adding that the faculty hopes to bolster the school with sponsored teaching and research positions. Nasseri himself has a history of encouraging teaching and research innovations in the Faculty of Engineering. In 2011 his company was a major force in establishing an industrial research chair in the industrialization of building construction. Seeing the results of that collaboration, Nasseri says he felt compelled to increase his support, building even greater momentum for change he hopes to see in the industry. “You need the people who understand these changes working in the industry in order to see the changes made,” he said. “You have to bring the opportunity to people and get them excited about it.” Lynch agrees, saying the Nasseri School will have an impact on the next generation of engineers in many disciplines. “By establishing the Nasseri School we are building a path that students of tomorrow can follow,” Lynch said. “This gift will have a truly transformative impact on teaching, research and the construction industry for years to come.”
67
MAKE YOUR MOVE
// BY CHUCK RESNICK
READ & UNDERSTAND YOUR CONTRACT
Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca
T
here’s an old rule in business: what is not in writing was never said. Although some agreements may need just a handshake, others that involve a multitude of variables require a contract so that all the parties understand what is expected of them. This is particularly true when you hire professional movers. You’re obviously the “who,” but we also need to know exactly “what,” “where” and “when” in order to transport your items to your new
for a successful move
place. Within those general categories, there can be many details, and finding out about them on moving day is counter-productive. Think ahead. The first thing to do is find a reputable mover. You can check online with the Better Business Bureau or the Canadian Association of Movers, and of course, find out who friends and family members have used. Select a company that has a tried-and-true track record. Then ask questions, and remember that the movers should be asking you a lot of questions as well to determine exactly what the move will entail. When we meet customers to arrange their move, we need to know about everything they expect to take so we can prepare as accurate an estimate as possible. In many ways, estimating is a science. Computers help, but the results are only as good as the information we input. Telling us on moving day that you forgot you want to take the shed in the backyard can hold things up for hours. It will also add to your costs.
It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us And speaking of costs, we need to know well ahead of time if you want us to provide the service of packing. Deciding this two days before the move likely won’t work. In addition, if we have quoted only on moving and not on packing, a new contract will have to be drawn up with a higher price. If you do the packing yourself, read the contract as to whether and for how much your items are covered, should damages occur. We also have to know whether you have anything other than Point A to Point B in mind for moving day. If you forgot to tell us that your dining room set has to be dropped off somewhere else first, it’s like the meter running in a taxicab. You will pay more for unexpected side trips. Plus, unless we know in advance, we may pack the dining set in an awkward place for unloading partway to your destination. Again, this will cost you time and money – two things that are precious commodities on moving day. It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us. A contract protects you as much as the movers, but only if you read it, understand it and abide by it. At Two Men and a Truck Canada, we follow The Grandma Rule: we treat everyone the way we would want our grandmothers to be treated – with dignity, courtesy, respect, honesty and trust. We all want everything to go smoothly on moving day – and when we communicate and work together, it does!
68 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
DowntownEdmonton 118 Ave. 112 Ave.
9 Jasper Ave. 100 Ave.
106 St.
Victoria Park Rd. Rive r Va lley Rd
3 97 Ave.
.
82 St.
w Ro
.
Rd
St.
2 1 6 5
7
d lan
100 St.
11
102 Ave.
10
101 St.
105 St.
109 St.
116 St.
107 Ave. 4 8 14 104 Ave.
t.
12
wa yA ve .
95 S
124 St.
gs
KINNARD RAVINE
92
Kin
. 97 St
127 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 E NCORE
10244 - 103rd Street HE FOX 2 T
BY LANGHAM DEVELOPMENTS
BY ROCKWOOD PROPERTY MANAGEMENT
9704 - 106 St. 4 V IBE
BY LAMB DEVELOPMENT CORP
8 STUDIO ED Corner of 116 Street & 106 Avenue
12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS
10523 - 123 St.
9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS
111 St. & Jasper Ave. 10 P EARL BY REGENCY DEVELOPMENTS
5 I CON
Jasper Avenue & 119 Street.
BY LANGHAM DEVELOPMENTS
Jasper Ave., North of 104 St.
Corner of 104 Ave. & 105 St.
Jasper Ave. & 106 Street
BY CARRINGTON COMMUNITIES
West of 116 Street & South of 107 Avenue
BY REGENCY DEVELOPMENTS
103 St. & 102 Ave. 7 JASPER HOUSE
104 Street & 102 Avenue
3 SYMPHONY
11 QUEST
BY WESTRICH PACIFIC
DOWNTOWN EDMONTON | Call Riley 780.705.1350
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 00 and 00
CONDOS FROM THE $170’S West of 116th Street & South of 107th Ave NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 69
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.
70 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
DEVELOPED BY
EDMONTON
TORONTO
CALGARY
MARKETING BY
OTTAWA
I NTR O D UCIN G
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. Situated on the corner of 102 Avenue and 104 Street, it 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
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.
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 169 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.
Sales Centre Now Open Sales Centre located on-site, at the northwest corner of 102 Ave. and 104 St.
www.foxtowers.ca | 780.425.0369
symphony
TOWER
9704 - 106 STREET (780)701-0058
STYLE FILE
WALL FLOWER // BY ELISA KROVBLIT
There's no missing it – the wallpaper trend is in full bloom! Floral motifs have always been a standard, but contemporary designers and new printing techniques have taken flower power to the next level. Whether it's a feature wall or full room coverage, have some fun finding the perfect florals for your home. TIP DIY-ers, don't just go by the square footage of your wall if you're ordering by the roll. You'll need a lot more wallpaper than you think in order to get your pattern lined up at the seems. There will be a lot of waste, but that perfect finish is worth it!
Our inspiration: flip to pg. 58 Ultra modern, the high resolution printing process provides a detailed macro look at tulips. Tulip Petals. $289. Coverage: 12ft. by 8ft. Visit muralunique.com
This tone-on-tone floral print offers a great option for a traditional look with a neutral palette. Candice Olson Dimensional Surfaces Floral. $70/roll. Visit yorkwall.com
Stylized flowers in red, black and cream offer bold style in a floral motif. Large Scale Modern Floral. $45/roll. Visit homedepot.ca
Modern wallpaper has come a long way! Easy to remove, it doesn't damage the walls or leave residue. NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 75
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SouthWestEdmonton 51 Ave.
105 St.
119 St.
34 Ave.
Rabbit Hill Road
2
19
11Saddleback Rd.
9 Ave.
13 James Mowatt Tr.
127 St.
141 St.
Ellerslie Road
16
23 Ave.
Blackburne Drive
Anthony Henday Dr. Ellerslie Rd.
3 18 8 9 12 23
30 Ave.
50 St.
MacEw an Road
15 7 22 10 21
19 Ave.
91 St.
6
20
17
Parsons Rd.
4
Dr.
101 St.
Ha dd ow
14
91 St.
23 Ave.
66 St.
5
40 Ave.
SOUTH
WHITEMUD DR.
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 WATERSTONE 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 ALLURE BY CARRINGTON COMMUNITIES
4042 MacTaggart Dr
6 VILLAGE AT LANGDALE
11 MAGRATH GREEN BY LANDMARK COMMUNITIES
BY ROHIT COMMUNITIES
2003 Rabbit Hill Rd.
704 - 176 Street SW 7 WINDERMERE MANSIONS
12 CREEKWOOD 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 PARROW LANDING 19 S AT LARCH PARK (NET ZERO TOWNHOMES)
20 S OUTH 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 REEKWOOD 23 C 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 $230,900 308 Ambleside Link (South off of the Henday onto Terwillegar Drive) NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 77
78 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
ALBERTA’s #1 CONDO BUILDER
MAYBE IT’s BECAUsE WE’RE sO EAGER TO PLEAsE
NOW SELLING IN 6 LOCatIONS North East ELEMENtS II VIta EStatES South East WaLkER LakE GatE
South West HERItaGE VaLLEy StatION MaCtaGGaRt RIdGE GatE CREEkWOOd LaNdING
Calgary IN MaNy LOCatIONS
ARTIST’S RENDERING ONLY
FOR MORE INFORMatION:
carlislegroup.ca 780.977.0616
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 79
SOUTHWEST
W
hen people think about the typical apartment-style condo in Edmonton they think about a 600–800 sq ft home. That’s why BRASS III’s new project, The Leger, will come as a pleasant and unexpected surprise. Designed for those who love the Riverbend area, who want the maintenance-free lifestyle that a condo offers, but who want lots of living space, The Leger delivers.
lion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes,
EXPECT THE UNEXPECTED AT the LEGER
22 NEW NEW CONDO CONDO GUIDE GUIDE || VOLUME VOLUME 22 22 ISSUE ISSUE 07 06 || NewCondoGuide.com NewCondoGuide.com 80
doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple. There are a handful of floorplans to choose from, and suites start under $300,000. Preselling starts in late May and June, and possessions start in 2015. Of course, the sooner you get in the more choice you have on floorplans and units. So swing by the sales centre today at 625 Leger Way. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.
BRASS3.COM
BRASS III has an excellent reputation as a builder of choice in the Riverbend/Terwillegar area. They know the community, they know the amenities and residents, and they know how to build great projects (they’ve built over a dozen projects in the area to date). This is amplified at The Leger. The Leger’s 60 units range from two-bedroom, two-bathrooms, to two-bedroom plus den plus two bathrooms, and are between 1,250 and 1,550 sq ft. All units features nine-foot ceilings, premier finishings like hardwood and tile floors, granite countertops, seven appliances (stainless steel appliances in the kitchen) and oversized balconies. All homes are self-contained, too, with their own hot water tank and heating system, and in-suite laundry. The building will also have low condo fees because there are no common amenities in the building—other than the heated underground parking. Instead, resources are put toward towards elements like soundproofing and improved construction materials. The Leger is in a prime location, in the heart of Terwillegar. It is steps from the new multimil-
SUITE 106, 1550 SQ FT
DISCOVER THE
UNEXPECTED...
...DISCOVER
the LEGER
AN EXCITING NEW DEVELOPMENT BY
BRASS III LOCATED IN THE HEART OF TERWILLEGAR JUST STEPS TO REC CENTRE & TRANSIT STATION
LAUNCHING THIS SPRING • PRICED FROM $279,900
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE FOR EXCLUSIVE UPDATES AND
Terwilleg
ar Dr
d
Leger Gate
rR
d Hill R
ge
Leger Blvd
it Rabb
Le
ay Leger W
TERWILLEGAR REC CENTRE
ay rW
ge
Le
23 Ave
• Only 60 Suites • Choose from 2 Bedroom or 2 Bedroom + Den • Large suites ranging in size from 1255 to 1550 sq ft
PROMOTIONS: BRASS3.COM
SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL
780.918.0678 /
OFFICE
780.439.7000
23
TOWNHOMES
South Callaghan Estate NOW RELEA SING
FINAL PHAS E GREENSPAC E VIEWS
Victorian Style
127 Street
Save on Food
4 STOREY TOWNHOMES
t at ow sM e m Ja
W il S Tra
t. 1S (11
) SW
W
.S
e Av
30
• STARTING AT $327,900* • 1520-1830 Sq ft • Hardwood, tile flooring & granite countertops • 3 bedrooms + Den + 2 1/2 bathroms with 2 balconies • 2 car garage • Sprinkler system • Brick, stone & stucco exterior • Low Monthly Condo Fee
Ellerslie Road
South Callaghan Townhomes
.SC. Show Home: 1621 Cunningham Way SW Edmonton Open Mon-Thu 3-8pm, Sat-Sun Noon-5pm, Closed Friday/Holiday
780.200.0135 *INCL. NET GST WITH SOME RESTRICTIONS APPLY 82 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
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Sobeys
SHOWSUITE
NOW OPEN AS OF JUNE 14, 2014
In the community of Ambleside
Luxury means stepping out of your private, all glass elevator directly into your new home. Welcome to Signature Condominiums. Imagine a home where luxury and privacy meet convenient condo living. In the Signature’s villa units a private, all glass elevator brings you straight from the parkade to your front door. Complete with all the penthouse features, you will enjoy jetted tubs, a fully tiled shower with body sprays, and a stylish fireplace. Not to mention stunning lake views through your floor-to-ceiling windows.
Standard Finishes Include: · · · · · · · ·
The Villa
1500 s.f. + 160 s.f. patio
Granite countertops Hardwood floors Porcelain tile floors Maple cabinets LG stainless steel appliances Air conditioning Approx. 9’ ceilings Concrete and steel structure
SAFEWAY
WINDERMERE BOULEVARD
SALES CENTRE
780.803.0888 info@signatureambleside.com 5151 Windermere Blvd
SIGNATURE
AMBLESIDE DRIVE
HOT TOPIC
How much will your
HOME INSURANCE COST? LIKE ALL INSURANCE PREMIUMS, HOW MUCH YOU PAY for home insurance depends on a number of factors related to risk. Insurers analyze these risks, and figure out how likely it is that you will make a claim, and how much that claim will cost. These factors can affect what you pay for home insurance:
Insurers will want to know if you have built or are planning to build a secondary rental suite in your home; begin operating a business there; or make any other significant alterations to the structure or the way your home is used
Insurers keep records about such items as the number, type and cost of claims by neighbourhood. They can tell from past experience what the circumstances are in your neighbourhood, and how likely it is that you will have to make a claim. For example, if you live in an area where most people commute to work and homes are left unoccupied during the day, the statistics may show your neighbourhood has more break-ins. The cost of home insurance, therefore, varies from neighbourhood to neighbourhood, from city to countryside, and is based on knowledge and experience. WHERE YOU LIVE:
The factor that will make the biggest difference in the cost of your home insurance is simply the size and composition of your home – as well as your contents. The larger the home and the more contents you have, the more it will cost to replace. In addition to the square footage, insurers take into account such matters as the quality of construction, which can vary greatly from home to home. REPLACEMENT COST:
PROXIMITY TO WATER: Insurers are concerned about fire, and will look at how far your home is from a source of water (fire hydrant, fire station). If you live in an urban area, this is generally not a problem. If you live in the country and the distance is great, however, this will influence the cost of your home insurance. The sooner a potential fire can be put out, the lower the cost of restoring your home. HEATING: Not usually an issue with new homes, oil tanks have the potential for causing costly environmental hazards, so your insurance representative will ask questions about the age and condition of your tank. There is far less risk with forced-air gas furnaces or electric heat, so you may pay more for your home insurance if your home is heated by oil.
There are several factors to consider concerning electricity. Do you have breakers or fuses? What is the flow of electricity coming into your home? What kind of wiring do you have? Insurers know from experience that breakers pose less risk than fuses, and that a minimum of 100-amp service is better than a lower level of service, which can lead to overloading and fire. ELECTRICITY:
84 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
Galvanized or lead piping usually means that the plumbing is older, and older plumbing is more likely to crack, leak, or run into other problems. Insurance companies generally prefer homes where the plumbing is made of copper or plastic. PIPES:
Not usually an issue with new homes, insurers generally prefer a roof that has been updated within the last 20 years. Some policies will pay only depreciated values, as low as 25 per cent of the replacement cost, for damaged roofs that are near the end of their designated service life.
AGE OF ROOF:
Insurers will ask if you have a security alarm and a fire alarm, and whether they are monitored by an outside service
Insurers will want to know if you have built or are planning to build a secondary rental suite in your home; begin operating a business there; or make any other significant alterations to the structure or the way your home is used. OTHER USES OF YOUR HOME:
OTHER FACTORS: Insurers will ask if you have a security alarm and a fire alarm, and whether they are monitored by an outside service. BASIC OR FULL COVERAGE: Once all of the above is taken into consideration, you can choose the types of coverage you’d like – which will also influence the amount you pay. While there are government regulations dictating how much insurance drivers must have, there are no such laws when it comes to home insurance. The only requirement may be one set by your bank or mortgage holder. From there, it’s up to you to decide whether you prefer basic or more comprehensive coverage. And this is something your independent insurance representative can help you with.
The following factors typically do not affect what you pay for home insurance: GAS VERSUS ELECTRIC APPLIANCES: The types of appliances in your home do not affect the cost of your home insurance. BRICK EXTERIOR VERSUS ALUMINUM SIDING: Most insurance companies do not use type of construction as a rating factor when calculating home insurance premiums. However, construction type is used when calculating the building replacement cost (what it would cost to rebuild the dwelling with materials of like kind and quality, if it were destroyed). NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 85
IN THE NEWS
WARMER WEATHER SPURS RISE IN RECREATIONAL PROPERTY SALES Pent-up demand following harsh winter and delayed spring AFTER A SLOW START TO THE YEAR, sales activity in Canada’s recreational property market is beginning to pick up, according to the 2014 Royal LePage Recreational Report released recently. A long and severe winter delayed the traditional spring buying season, but the arrival of waterfront-friendly weather has increased interest, is generating higher inventory levels and is driving sales activity. The Royal LePage Recreational Property Report compiles information from a cross-Canada survey of brokers and agents who specialize in the recreational real estate market. Advisers across the country are reporting a significant increase in buyer interest and are anticipating the return of a healthy market for the remainder of the spring and summer. In many areas, snow remained well into the spring, hampering efforts to open and list summer properties, but sellers and buyers returned following the Victoria Day long weekend. “In the middle of the last decade, we saw record levels of sales activity in the recreational property market, driven largely by the retirement dreams of our Boomer generation. The subsequent economic downturn dampened demand in the sector,” notes Phil Soper, president and chief executive of Royal LePage Real Estate Services. “Post-recession, our research found that incremental sales were driven largely by low interest rates and investors. With the 2014 market, we are seeing a return to primarily lifestyle-driven demand for cottages, cabins and chalets. Canadians continue to seek the opportunity to escape to a weekend retreat. “Economic factors such as a stable job market, inexpensive mortgage financing and steadily improving consumer confidence remain supportive for purchasers considering recreational properties,” continues Soper. “Many Canadians dream of owning a country retreat to
get away from the pressures of life in the city and the daily grind. The pursuit of a place to gather with family and friends is a notion that seems to be more attractive now than ever. “Sharp rises in the price of recreational properties in U.S. regions favoured by Canadians, such as Arizona, Florida and California, coupled with a lower Canadian dollar relative to the American currency, is beginning to impact our domestic recreational market,” Soper concludes. “People who were previously wooed by bargain shopping for real estate south of the border are finding the real deals are now at home.” According to the report, strong levels of buying this year are expected, despite the delay caused by the extended winter. The higher-priced end of the market, consisting mainly of waterfront properties, is seeing healthy price growth in Ontario, Manitoba and Saskatchewan. At the lower end of the price range, there are particularly good deals on in-land properties in Prince Edward Island, New Brunswick, Nova Scotia and some interior regions of British Columbia. In the most recent past, lower interest rates created a demand for cottages as investments, but that appears to be shifting back to more traditional values of owning a recreational property as a long-term lifestyle option. In Newfoundland, for example, there is an increasing trend of families purchasing summer cottages over traveling off the island for vacation. However, in the west in Alberta’s Gleniffer Lake and Pine Lake regions and the East Kootenays of British Columbia, properties are still popular purchases by groups of friends and families for shared-use or investments. Additionally, while properties on or near ski resorts and hills are seen as great places to both invest and enjoy, with owners often generating rental revenue, buyers in the west tend to keep their lake-front homes for their own use.
In Alberta’s Gleniffer Lake and Pine Lake regions and the East Kootenays of British Columbia, properties are still popular purchases by groups of friends and families for shared-use or investments
86 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
HOMEBUYERS’ HELP
condo buyers’
resource section
YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 87
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:
88 NEW CONDO GUIDE | VOLUME 22 ISSUE 07 | NewCondoGuide.com
HOMEBUYERS’ HELP
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
3.040
3.290
Bank of Montreal
3.000
4.000
3.140
3.040
3.850
4.390
4.990
Bank of Nova Scotia
3.100
4.550
3.290
3.140
3.440
3.940
4.790
-
4.800
4.700
5.250
-
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
3.140
3.040
3.750
4.390
4.990
Equitable Bank
-
-
3.140
3.040
3.750
4.540
4.940
First Calgary Financial
-
4.000
2.890
2.890
3.190
3.390
3.290
First National Financial
2.500
3.950
2.990
2.590
2.790
2.770
3.090
FirstOntario Credit Un.
2.700
4.240
3.090
3.140
3.290
2.890
3.040
HSBC Bank Canada
3.100
4.450
3.600
3.950
4.450
4.990
5.340
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.890
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
3.140
3.190
Manulife Trust
-
4.450
3.000
3.050
3.100
3.140
3.190
Meridian Credit Union
2.600
4.000
3.090
3.140
3.650
4.390
2.950
National Bank
3.000
4.400
3.140
3.040
3.750
4.390
4.790
-
4.500
3.150
3.500
3.950
3.950
3.490
3.000
6.190
3.290
3.040
3.590
3.690
4.090
Servus Credit Union
-
4.000
3.140
3.040
3.750
4.240
4.790
Steinbach Credit Union
-
-
2.650
2.800
2.900
2.950
3.100
4.000
3.090
3.040
3.440
3.940
4.790
Peace Hills Trust President’s Choice Fin’l
T-D Mortgage
3.000
Rates effective as of June 11, 2014. *Rates subject to change without notice.
NewCondoGuide.com | VOLUME 22 ISSUE 07 | NEW CONDO GUIDE 89
What to do when you hire a contractor Many experienced and reliable contractors work in your community – highly skilled professionals who do business the right way. Unfortunately not all contractors play by the same rules. Some cut corners to offer lower prices. They promise you a “good deal” as long as nothing is written down and you pay in cash. These cash deals can mean a lot of risk for you. Contractors who don’t do business properly don’t protect you from accidents or their mistakes. If there is a work-related injury or damage to your home, you could face lawsuits and financial loss. You could be responsible for your contractor’s unpaid bills. And you could be stuck with work that is incomplete or badly done. While serious, these risks are easy to avoid. Before you agree to let anyone work on your home, take these three simple steps: know who you’re dealing with, make sure you’re protected from risks, and always Get in in Writing! ™
How to find
a good contractor • Ask friends, family and neighbors about contractors they have hired to work on their homes. • Contact your local Home Builders’ Association or other trade association for a list of professional contractors in your community. • Ask your local building materials store if it has a list of recommended contractors. • Ask your utility company if it has a list of recommended contractors. • Check with your local Better Business Bureau to find out if a contractor is a member.
For more advice, including detailed information about contracts plus worksheets you can use when interviewing contractors, visit HiringAContractor.com For a listing of builder and renovator members, contact the Canadian Home Builder’s Association - Edmonton Region. Call 425-1020 or visit their website at chbaedmonton.ca Get it in Writing! provides information to help you make informed choices when you build, renovate, or repair your home. This program is managed by the Canadian Home Builders’ Association with support from the Government of Canada.
Get it in Writing(14/10)-/ja
ELEMENTS AT HERMITAGE 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 showsuite at Hermitage and see what sets Elements by Carrington apart from the competition.
Immediate possessions • River views* Convenient access to the Yellowhead & Anthony Henday *May not be available in all suites
Live with no regrets from just $668/month!*
SE SE
16A AVE NW
ELEMENTS AT HERMITAGE
FROM THE $160’s
FROM THE $180’s
340 Windermere Road 780.469.6976
1196 Hyndman Road 780.473.9143
ELEMENTS AT Willowhaven
SALES HOURS
FROM THE $180’s
Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
56 Street & 7 Avenue 587.521.1444
70 ST
FROM THE $180’s
ELEMENTS AT WILLOWHAVEN
56 Street & 7 Avenue 587.521.1444
ELeMENTS at WINDERMERE
ELEMENTS AT HERMITAGE
ELLERSLIE RD SW 54 ST
NE
W DR N GAR ILLE
TERW
7 AVE SW
HENDAY DR
75 ST
111 ST
ELLERSLIE RD WINDERMERE BLVD
23 AVE
34 ST NW 50 ST SW
WHITEMUD DR
RABBIT HILL RD
SW
75 ST
T TR LBER
WINDERMERE RD
ANTHONY
ST A
142 ST
ANTHONY HENDAY DR
WINTERBURN RD
ELEMENTS AT WINDERMERE
SHERWOOD PK FWY
ARGYLL RD
ROSENTHAL BLVD
FROM THE $180’s
YELLOWHEAD TRAIL
WHYTE AVE
FROM THE $160’s 340 Windermere Road 780.469.6976
ELEMENTS AT Willowhaven
HYNDMAN RD
NE
YELLOWHEAD TR
WHITEMUD DR
SW
50 ST TR MANN ING DR
82 ST
137 AVE
ELeMENTS at WINDERMERE
ELEMENTS AT HERMITAGE RD ITAGE R E H M HYNDMAN CR
RIA
167 AVE
VIC TO
Y WAY
ALBAN
66 ST
142 ST NW
*Monthly payment based on 5% down and a 25 year amortization.
1196 Hyndman Road
elementsbycarrington.ca 780.473.9143
•
1 bdrm, 2 bdrm, & 2 bdrm + den suites available
•
Convenient access to St Albert & Anthony Henday Drive
•
Secure, heated underground parking with storage
•
Two storey lobby & 9’ ceilings on all floors
•
Full height backsplash, laminate floors & six appliances included
•
Personalize your space with a complimentary interior design consultation
•
Starting from $189,900
*Select suites only, for a limited time. See Sales Associate for details.
SALES HOURS Mon to Thurs: 3PM – 8PM Sat, Sun & Holidays: 12PM – 5PM Closed on Fridays
142 ST NW
NORTHWEST Call Eva at 587.520.3372 Albany Way & 167 Ave
Suites are selling fast, visit our sales centre today for the best suite selection and pricing!
HON ALBANY WAY
ANT
167 AVE NW
T NW
DR DAY N E YH
S 127
VENESS RD
BUILDING 2 JUST RELEASED
SELLING FAST!
DOUBLE Your Pleasure Call 780.940.1803 or visit radiancecondos.ca
THIS Summer MAKE OWNING A NEW CONDO OR TOWNHOME HAPPEN! Visit Our Sales Centre at 160 Ave. & 96 St. Monday through Thursday 3-8 PM Weekends & Holidays Noon-5 PM | Closed Friday
Check Out This Other GREAT Footprint Development Executive Townhomes from the $280’s 9535 - 217th Street
YELLOWHEAD TRAIL
STONY PLAIN RD.
GREEN DR. 87 AVE. N W
R
SECORD Sales Center
WHITEMUD DR.
In West Edmonton
178 ST.
WEBB E
ANTHONY HENDAY DR.
217 ST.
Lake
215 ST.
WINTERBURN RD.
BLVD. ORD SEC
www.secordcorners.ca
STONY PLAIN RD.