SEPT 9 - OCT 7, 2016 VOLUME 24, ISSUE 10, FREE
EDMONTON EDITION
SHOW SUITE NOW OPEN
INSIDE THIS ISSUE
HELPING YOU MAKE THE RIGHT HOMEBUYING CHOICE
DOWNTOWN EDMONTON: TRANSFORMING FOR THE FUTURE
THE UNEXPECTED COSTS OF HOMEOWNERSHIP
DUPLEX SHOWHOME
GRAND OPENING The Name In Active Adult Living You’re invited to our grand opening of two showhomes September 10th and 11th in St. Albert. Each showhome is distinct so join us for refreshments and take the time to enjoy both professionally decorated spaces. Located in the beautiful community of Lacombe Park Estates in St. Albert, Villas at Lacombe Park is an adult bungalow community. Boasting premium finishings, close proximity to walking trails and dog parks as well as seasonal maintenance services so you can enjoy the finer things in life. EW
N W SHOME O HNOW OPEN
SEQUOIA
ASPEN
VILLAS AT LACOMBE PARK • Spacious Open 31 Legacy Terrace, St. Albert 780.903.2465 LacombePark.ca
Floor Plans • Vaulted Ceilings • Walkout Basements
• Granite Countertops • Custom Cabinetry • Hardwood & Ceramic Flooring
For more information please call 780.903.2465 or visit the Show Home at 31 Legacy Terrace, hours are Monday to Thursday 1-6 PM and Saturday & Sunday 1-5 PM.
CDLhomes.com
TRE
CEN
NOW N OPE
INFO
ETON PARK ESTATES 5001 Eton Boulevard, Sherwood Park 780.410.0004 • etonpark.ca Eton Park Estates is located in the premier community of Emerald Hills Urban Village. Surrounded by beautiful green spaces and convenient amenities like Centennial Park, Millenium Place, and the Emerald Hills Shopping Centre. Eton Park Estates boasts: • Granite Counter-Tops • Stainless Steel Appliances • Air Conditioning
• 9’ Ceilings • Underground Parking (extra stalls available)
L EA ID TION OC A L
RIVERS EDGE VILLAS 3090 Cameron Heights Way, Edmonton 780.554.8342 Find your next new chapter in River’s Edge Villas in Cameron Heights. It is an adult duplex style bungalow community with luxurious finishes, parks, trails and year round maintenance services. River’s Edge Villas boasts: • Finished Basements • 6 Appliances • Spacious Open Floor Plans
• Hardwood & Ceramic Floors • GST Included
Lang Built Homes is excited to announce we are nearing the completion of sales in our latest Adult Community, Edgewater Villas, in Spruce Grove. We carefully choose this valuable location, in Harvest Ridge, because it borders both a park and a lake. We have only one lot left that backs onto the park. Our customers have recognized the value of this property and have already responded by securing 25 of the 26 Villas being offered.
Cambridge Plan 1308 Sq.ft. Basement 820 sq. Ft. Incl. landscaping Incl. GST Backs onto Park
Our homes, in Edgewater Villas, are designed to create a quiet and secure maintenance free community where residents own both the land and the home. This is the lifestyle you deserve, so we invite you to enjoy time for travel, with the security of knowing your home is being maintained and cared for.
538,000
$ Please call for more information 780.700.9225 | 780.722.6496 www.langbuilthomes.com
2 NEW SHOWSUITES NOW OPEN! SPACIOUS CONDOS FROM THE LOW $200s
FREE UPGRADES!
780.974.4757 S O L A R A L I V I N G . CA
• Granite counters throughout
• Ceramic tile in kitchen, bathrooms & laundry
1 YEAR FREE CONDO FEES LIMITED TIME OFFER
VISIT OUR SALES CENTRE
127 St.
145 Ave. 12650-142 Ave 142 Ave.
N
Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm Closed Fridays
ONLY
20%
REMAINING… HURRY IN FOR AMAZING PRICES!! IMMEDIATE POSSESSIONS AVAILABLE
Empty nesters live the
VIPlife
WANT QUALITY?? WE PROVIDE QUALITY
FREEDOM. SPACE. STYLE. NOW.
A fabulous community featuring two bedroom condos priced from the $300s. Ideal for those who are downsizing, our suites are spacious, luxurious and waiting for someone like you. You've worked hard. It's time to reward yourself and live the VIP Life. 2.39% FINANCING FOR 5 YEARS FIXED... PAY MORTGAGE LOWER THAN RENT!
Karen@abbeylanehomes.com 2045 Grantham Court
1 YEAR FREE CONDO FEES LIMITED TIME OFFER
1 YEAR FREE CONDO FEES LIMITED TIME OFFER
Building Luxury Lifestyle Communities in the Edmonton area since 1980. abbeylanehomes.com
Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884
AbbeyLaneHomes
@AbbeyLaneHomes1
info@abbeylanehomes.com
KNOWLEDGE IS POWER. When you’re prepared, you can get an exquisite home that compliments your lifestyle. An Averton home is the perfect combination of functionality and elegance. We’ll also go a step further by arming you with additional information to help you make an intelligent decision that fits your life.
PUTTING OWNERSHIP WITHIN EASY REACH.
Averton is giving you POWER. Averton POWER will help you own a home that is within your financial, emotional and lifestyle needs. We will work with you to build a plan that is easy to understand, and even easier to fulfill. To find out more about Averton POWER visit averton.ca/power.
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Se
Two to four bedroom townhomes ranging from the mid $200s to over $600,000.
No
Your community is what makes home feel like home. To make the right purchase for you, make sure that you get a good feel for your new neighbourhood. Visit the nearby parks and schools, speak with future neighbours and go for a walk to explore what the community has to offer.
g
SHOWHOMES OPENING SOON!
F do
POWER TIP
1304 Rutherford Road Ellerslie Road & 119 Street
Call 780.701.7296 pivot@averton.ca
s
ee
n
Co
QUICK POSSESSIONS AVAILABLE. SHOWHOME NOW OPEN.
539 Chapelle Drive
Two and three bedroom townhomes. Prices starting in the $300s.
Call 780.638.5873 creekwood@averton.ca
QUICK POSSESSIONS AVAILABLE. NO CONDO FEES.
4003 Blackbird Link
28 Avenue & 141 Street
n
pe
O me
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Sh
Two and three bedroom townhomes from the $300s.
137 Avenue & 199 Street
Call 780.638.0176 starling@averton.ca
Averton will help you develop a home buying strategy and provide helpful advice on how to afford your dream home. Visit a showhome to speak to a new home professional about POWER today. Only new home sales are eligible for POWER benefits. POWER benefits are subject to change at any time. See a new home professional for details. Prices and specifications are subject to change without notice. E. & O.E.
averton.ca
Web Directory BUILDERS/DEVELOPERS Abbey Lane Homes Addison Condos Californian Parkland
BUILDERS/DEVELOPERS www.abbeylanehomes.com www.theaddisonoffwhyte.com www.vipliving.ca
Carrington Communities
www.carrington.ca
Cascade Luxury Condos
www.cascadecondos.ca
Centurion Townhomes Christenson Developments Ltd. Coventry Homes Daytona Homes Master Builder Encore Tower Footprint Developments Fox Two Grovenor Manor
www.centuriontownhomes.com www.cdlhomes.com www.coventry-homes.com
Secord Corners Solara at Skyview Stafford Greens Symphony Tower Tessco Incorporated
The Rushes of Southfork
www.foxtowers.ca
The Signature
www.rohitcommunities.com www.secordchalet.com www.secordcorners.ca www.solaraliving.ca www.staffordgreens.com www.symphonytower.ca www.edmontoncondo.com www.brass3.com www.rushesofsouthfork.ca www.signatureambleside.com www.ultimatower.ca
Ultima
www.grovenormanor.com
Homes by Avi
www.homesbyavi.com
Park Homes
Secord Chalet
www.encoretower.com www.footprintdevelopments.ca
www.parkwoodmasterbuilder.com
Rohit Communities
The Leger
www.grandedesign.ca
Lang Built Homes
Parkwood Master Builder
www.daytonahomes.ca
Grande Design Homes
Landmark Group
Find your next condo online, it’s easy!
www.landmarkgroup.ca www.langbuilthomes.com www.parkhomes.ca
RELATED BUSINESS 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
If you wish to advertise your Web site in our Web Directory please call 587-784-4044
ALBERTA’s #1 CONDO BUILDER
MAYBE IT’s BECAUsE WE’RE sO EAGER TO PLEAsE
WE WILL NOT BE
UNDERSOLD ImmEDIATE OccupANcIES AvAILAbLE
NOw SELLING IN 10 LOcATIONS AcROSS ALbERTA EDMONTON & AREA
ARTIST’S RENDERING ONLY
ViTA EsTATEs - NW MAcTAggART RiDgE gATE - NW cREEkWOOD LANDiNg i & ii - sW AuRORA gREENs - sW HERiTAgE VALLEy sTATiON i & ii - sW ERiN RiDgE gATE - sT. ALbERT Visit our website for all locations FOR mORE INFORmATION & ShOwSuITE LOcATIONS vISIT:
carlislegroup.ca 780.438.6693
Canadian Home Builders’ Association
OWNED A
O
D
LOOKING FOR A NEW HOME? we can help!
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contents SEPT 9 - OCT 7, 2016 | VOLUME 24 ISSUE 10
40 advice
28 CHBA - Alberta
Helping you make the right real estate choice by Jim Rivait
40 Mortgage Advice
The unexpected costs of homeownership by Alyssa Furtado
trending
38
Housing Market
Forget the ‘Canadian’ housing market – it doesn’t exist
district maps 19
Southwest
27
Southeast
29
Leduc
35
Beaumont
37
Sherwood Park
41
North East
buyers’ resources
42
Fort Saskatchewan
09 Web Directory
43
St. Albert
in every issue
47
North West
14
48
Downtown
55
South Central
57
West
58
Spruce Grove
54 + online NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
Editors’ Note
46 What’s Online 54 Neighbourhood Profile
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani SENIOR SALES MANAGER, ALBERTA
SEPT 9 - OCT 7, 2016 VOLUME 24, ISSUE 10, FREE
Shelley Balla ART DIRECTOR
Megan Pike
ON THE COVER
20
EDMONTON EDITION
SHOW SUITE NOW OPEN
The Quay at Terwillegar
Show suite now open
EDITOR
Wayne Karl Lydia McNutt (on leave) CONTRIBUTING EDITORS
Sonia Bell Elisa Krovblit DESIGN EDITOR
Yanic Simard
SALES REPRESENTATIVES
Shelby Biggs 587.357.7402 Natalie Houghton 587.226.1313
NATIONAL CIRCULATION MANAGER
John Jenkins
PRODUCTION MANAGER INSIDE THIS ISSUE
HELPING YOU MAKE THE RIGHT HOMEBUYING CHOICE
DOWNTOWN EDMONTON: TRANSFORMING FOR THE FUTURE
Helen Pearce
THE UNEXPECTED COSTS OF HOMEOWNERSHIP
PRODUCTION CO-ORDINATOR
Dennis Ng GRAPHIC DESIGNERS
Miguel Cea Mike Terentiev
PO Box 458. Station Main, Edmonton, AB T5J 2K ypnexthome.ca
ADVERTISING Call 587.784.4044 for advertising
rates and information. CIRCULATION Free distribution in select high-
28
38
traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Editors' Notes
DOWNTOWN EDMONTON
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
MORE PHOTOS ONLINE ypnexthome.ca/downtown-edmonton
Best builder in the bunch You’ve agreed that a new home is the way to go, but you still have another big decision to make — choosing a builder. It pays to check the reputation of the builder/developer before you sign. Start by finding out how long the company has been in business. Ask a sales representative or visit the company’s website. Next, find out if previous purchasers are happy. Drive around an existing community built by the company and talk to anyone you run into during your tour.
Visit several sales offices and model suites, and get a feel for each company and the staff. Ask a lot of questions and expect to be treated with consideration and respect. No question is too “dumb.” Think twice about any development where the salespeople push you to make a decision, or where they are not happy to provide you with the information. When you do find the right home and the right home builder, making that big decision will be a whole lot easier and more enjoyable.
Looking beyond the headlines
WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social 14 YPNEXTHOME.CA
As national organizations, agencies such as the Canadian Real Estate Association and Canada Mortgage and Housing Corp. are mandated to monitor and collect data on the housing market country-wide. Media outlets (including New Condo Guide), naturally, report the information CREA, CMHC and the like discuss in their news releases. So when CREA reports that “Canadian home sales post third consecutive decline in July” – an eye-catching if not alarming summary – it no doubt gets widespread coverage. But as our story on page 38
illustrates, there is no need to accept such negative news as gospel. There really is no such thing as the “Canadian” real estate market. Sure, sales or prices might be down in one area, but they could be very healthy in another. What you really need to pay attention to is what’s going on in your area – to look beyond the headlines to assess what is happening where you live. It is essential, especially in times when we’re seeing such wide discrepancies in market conditions, to understand that real estate is local.
Interact with us on social media: ypnexthome
MANNING
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 17
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:
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
Sq. ft.:
Sq. ft.:
Sq. ft.:
Sq. ft.:
# 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:
18 YPNEXTHOME.CA
NO MORTGAGE PAYMENTS
NO CONDO FEES FOR ONE YEAR Call or visit one of our sales centres for more information! Condos from the $190’s
For complete promotion details please contact a sales associate or visit one of our sales centres. Terms and conditions apply. Some locations or suites may be excluded. Promotion may end without notice. Cannot be combined with any other offer. E & OE.
Art Walk & JOIN US FOR EXCLUSIVE OFFERS!
SATURDAY
SEPTEMBER 24
NOON-5:00pm View art from and see local artist Natasha Raffa in action! Tour our beautiful showsuites Snacks & refreshments
Access to all the amenities of Lake Summerside SOUTHEAST ELLERSLIE RD
MON TO THURS: 3PM – 8PM SAT, SUN & HOLIDAYS: 12PM – 5PM CLOSED ON FRIDAYS
RECREATIONAL BEACH LAKE CLUB
88 ST
SALES HOURS
91 ST
CALL AMANDA AT 780.761.3144 4008 SAVARYN DRIVE SW
SAVARYN DR SW 25 AVE
22 AVE
Suite Viewing! CONDOS FROM $190,900 Two-storey lobby and over-height ceilings on fourth floor
Full height backsplash, laminate floors and six appliances included
Boutique luxury living!
SOUTHWEST
CALL KATHY AT 780.756.2230 4042 MACTAGGART DRIVE www.liveatallure.ca
2016
AWARDS OF EXCELLENCE IN HOUSING
WINNER!
Unparalleled extravagance in South Edmonton!
SOUTHWEST
Buy today, move in tomorrow!
CALL KATHY AT 780.756.2230 11080 ELLERSLIE ROAD www.escapescondos.com
2016
AWARDS OF EXCELLENCE IN HOUSING
WINNER!
Luxurious concrete and steel residence in South Edmonton!
NORTHWEST
Free kitchen Upgrade!
CALL MICK AT 780.760.2002 508 GRIESBACH PARADE NW www.valourcondos.com
Live in the Village at Griesbach!
Only 10 suites left!
NORTHEAST
CALL MICK AT 780.476.1137 5510 SCHONSEE DRIVE www.northshoreatschonsee.com
2016
AWARDS OF EXCELLENCE IN HOUSING
WINNER!
Northeast Edmonton's hidden treasure!
NORTHWEST
Immediate possessions!
CALL EVA AT 587.520.3372 507 ALBANY WAY www.avivacondos.com
Excellent location close to the Henday & Albany Market
Showsuites now open!
SOUTHEAST
CALL AMANDA AT 780.761.3144 4008 SAVARYN DRIVE SW www.aracondos.com
EVENT
SEPTEMBER 24
Access to Lake Summerside!
WEST
Building 2 now selling!
CALL TRENT AT 780.426.1686 1004 ROSENTHAL BLVD www.jadecondoliving.com
2016
AWARDS OF EXCELLENCE IN HOUSING
WINNER!
Live in desirable Rosenthal!
Buy now, only 3 suites left!
SOUTHWEST
CALL CRAIG AT 587.520.6775 1144 ADAMSON DRIVE www.elancondos.com
Ravine living in the community of Allard
Building dreams come true for over 40 years! WITH LOCATIONS THROUGHOUT EDMONTON – CARRINGTON HAS SOMETHING FOR EVERYONE
ALBANY WAY
FROM $194,900 1004 Rosenthal Blvd 780.426.1686
167 AVE R
SHERWOOD PK FWY
ARGYLL RD RABBIT HILL RD
TERW
ILLE
GAR
WHITEMUD DR 23 AVE
ALLURE
DR
DR
ROSENTHAL BLVD
ESCAPES
ELLERSLIE RD
Mon–Thurs 3pm–8pm Sat, Sun, holidays 12pm–5pm Closed on Fridays
91 ST
sales hours
111 ST
JAMES MOWAT TRAIL
ELAN
30 AVE SW
HENDAY
SW SE NW
ANTHONY
FROM $235,400 5510 Schonsee Drive 780.476.1137 BY APPOINTMENT ONLY
WHYTE AVE
WHITEMUD DR
75 ST
northshore
75 ST
FROM $234,900 508 Griesbach Parade NW 780.760.2002
VIBE
T TR LBER
valour
ST A
FROM $202,700 507 Albany Way 587.520.3372
142 ST
aviva
ANTHONY HENDAY DR
JADE
WINTERBURN RD
FROM $656,696 4042 MacTaggart Dr NW 780.756.2230
ara
NW
IA T
YELLOWHEAD TR
allure
NE
66 ST
VALOUR
82 ST
FROM $244,400 1144 Adamson Dr SW 587.520.6775 BY APPOINTMENT ONLY
97 ST
SW
Élan
FROM $190,900 4008 Savaryn Drive SW 780.761.3144
NORTH SHORE
AVIVA
TOR
SW
e’scapes FROM $246,900 11080 Ellerslie Road 780.756.2230
VIC
W
jade
ARA
25 AVE
South West Edmonton Lansdowne Dr.
104 St.
51 Ave.
105 St.
111 St.
119 St.
34 Ave.
Rabbit Hill Road
2
19
14 13
Ellerslie Road
17
21
26 23 8
25
127 St.
141 St.
16
22
7 4
Anthony Henday Dr. Ellerslie Rd.
3
30 Ave.
9
6
50 St.
10
23 Ave.
Blackburne Drive
91 St.
24
MacEw an Road
Parsons Rd.
2
9 Ave.
20
101 St.
15
19 Ave.
Saddleback Rd.
Dr.
James Mowatt Tr.
Ha dd ow
14
91 St.
23 Ave.
18 11
66 St.
1
40 Ave.
SOUTH
WHITEMUD DR.
Ter will ega rD r.
ay Dr. y Hend Anthon
North Saskatchewan River
Belgravia Rd.
Calgary Trail North QE II
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 LUX CONDOS
7 CANVAS TOWNHOUSES BY BROOKFIELD RESIDENTIAL
4470 Prowse Rd SW 8 JAYMAN MODUS 3837 Powell Wynd SW 9 ELAN BY CARRINGTON COMMUNITIES
1144 Adamson Dr SW 1306C Windermere Way 10 ELEMENTS AT WINDERMERE 3 VISTAS AT BY CARRINGTON COMMUNITIES CALLAGHAN NORTH 340 Windermere Rd. BY Z2
BY ROHIT COMMUNITIES
2632 Bowen Way SW 4 ATRIA BY PARK HOMES
2803 James Mowatt Trail 5 ALLURE BY CARRINGTON COMMUNITIES
4042 MacTaggart Dr 6 ALLARD TOWNHOMES BY ROHIT COMMUNITIES
675 Allard Blvd SW
11 GROVE ON 25TH TOWNHOUSES IN THE ORCHARDS BY BROOKFIELD RESIDENTIAL
3305 Orchards Link SW 12 CREEKWOOD LANDING BY CARLISLE GROUP
11804 - 22 Ave SW 13 E’SCAPES BY CARRINGTON COMMUNITIES
14 CROSSROADS OF RUTHERFORD BY STREETSIDE DEVELOPMENTS
1816 & 1820 Rutherford Dr 15 THE SIGNATURE BY WESTRICH PACIFIC
5151 Windermere Boulevard 16 GLENRIDDING HEIGHTS TOWNHOMES BY ROHIT COMMUNITIES
16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 ALTIUS GRAYDON HILL
19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES) BY LANDMARK COMMUNITIES
7504 May Common 20 SOUTH TERWILLEGAR BY PARK HOMES
4105 - 7323 South Terwillegar Dr. 21 LANGDALE TOWNHOMES BY ROHIT COMMUNITIES
704 176 Street SW 22 PIVOT RUTHERFORD
23 CREEKWOOD CHAPELLE BY AVERTON HOMES
28 Ave & 141 St 24 TRIUMPH AMBLESIDE BY STREETSIDE DEVELOPMENTS
1115 Armour Link SW 25 LINK CONDOS AT ELLERSLIE BY REGENCY DEVELOPMENTS
11189 Ellerslie Road 26 VISTA POINTE IN CHAPPELE GARDENS
BY AVERTON HOMES
BY BROOKFIELD RESIDENTIAL
Ellerslie Rd & 119 St
2905 141 St SW
BY STREETSIDE DEVELOPMENTS
1005 Graydon Hill 18 THE SANDS BY BROOKFIELD RESIDENTIAL
4050 Savaryn Dr
SEARCH ONLINE ypnexthome.ca
11080 Ellerslie Road
SOUTHWEST EDMONTON Call Kathy 780.756.2230
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $246,900 Please see our ad between pages 18 and 19
11080 Ellerslie Road
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 19
7021 SOUTH TERWILLEGAR DRIVE
A
bbey Lane Homes is proud to announce the development of yet another condominium project located in the heart of Terwillegar… The Quay! Quay by definition is “a landing place, especially one of solid masonry, constructed along the edge of a body of water”… exactly what the builder is providing at their new Southside location. Gorgeous views of the water and serene walking paths. Abbey Lane Homes offers LOCATION, QUALITY, AND VALUE! Abbey Lane Homes has
20 YPNEXTHOME.CA
been building quality condominiums for over thirty years and like fine wine, they only get better! Access The Quay off the Anthony Henday with Windermere just minutes away to provide shopping, multiple restaurants, banks, and a movie theatre. Absolutely everything anyone could need, just a stone’s throw away. Edmonton Public Transit access is situated outside the front entrance making commuting easy for those who don’t wish to drive. Despite the slower economic times sales in this beautifully established area haven’t been delayed.
The Quay is over FIFTY PERCENT SOLD. The remaining suites range from 700 SQ.FT. to 1500 SQ.FT. with some third and all fourth floor suites providing 9’ ceilings. The design of each suite is exquisite… nothing has been forgotten… entirely upgraded with quality cabinets to the ceiling, speciality deep pot drawers, glass backsplash, granite countertops throughout, 12mm laminate flooring with radiant in-floor heating, porcelain tile, Whirlpool stainless appliances, including full size stackable washer and dryer in a convenient laundry room, garburators and much more! Along with the well-designed floor plans there are heated underground parking stalls available with each suite most with built in storage units. There is also full security in the parkade to keep our clients comfortable and confident that their investment is a good one! The Quay provides luxury amenities in the building including a fully equipped fitness room, two elevators for better service, two garbage chutes for your convenience and a car wash bay available for any of the new owners’ use. Area Sales Manager, Karen Glanville states “it is an absolute pleasure to have the opportunity to market such an incredible project.” Karen has many anxious and very happy clients anticipating their move in, which should ultimately happen before the end of the year. “What a great way to start out a New Year and a New Chapter in one’s book but in an absolutely gorgeous new suite” she states. The new showsuite has just opened and Karen welcomes everyone to come in and see the quality design and location. The Abbey Lane team will be happy to address any inquiries one may have regarding purchasing a new suite, mortgage rates, and possible assistance of sale of current properties. There is a full professional team available to make the transition an easy one.
The Quay provides luxury amenities in the building including a fully equipped fitness room, two elevators for better service, two garbage chutes for your convenience and a car wash bay available for any of the new owners’ use.
Our buyers range from first time home buyers to homeowners downsizing for maintenance free living and an easier lifestyle! Based on 2.29% for five year fixed mortgage rates, mortgage payments are less than rent! Invest in your future at The Quay. The hours of operation at The Quay are Monday through Thursday from 3:00PM-7:00PM and on Saturday and Sunday from 1:00PM-5:00PM. Closed Friday. Abbey Lane has a sister project identical in quality and finishing at VIP CALIFORNIAN PARKLAND with IMMEDIATE POSSESSIONS available. All two bedroom two bathrooms in various sizes and locations. Please visit Crystal Graae, Sales Assistant at 2045 Grantham Court for information and a complete tour of VIP. Showsuite hours at VIP are Monday through Thursday from 1:00PM-7:00PM Saturday and Sunday from 1:00PM5:00PM. Closed Friday. Contact information: Karen – 780 445 4248 Crystal – 780 930 1518 SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 21
SOUTH WEST
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.
the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes, 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.
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 include two-bedroom, 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 multimillion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to
22 YPNEXTHOME.CA 42 YPNEXTHOME.CA
There are a handful of floorplans to choose from, and suites starts in the low $300’s. Now selling and possessions start in April 2016. 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. Mon-Wed 4pm-7pm, weekends 1pm-5pm. 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
EXPECT THE UNEXPECTED AT the LEGER
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
NOW 90% SOLD
SHOW SUITE NOW OPEN! Leger Blvd
Rabb
ay Leger W
TERWILLEGAR REC CENTRE
rR
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE
Terwilleg
ar Dr
d
ay rW ge Le
23 Ave
• Only 60 Suites • Upgrades included • Large suites ranging in size from 1255 to 1550 sq ft
FOR EXCLUSIVE UPDATES AND PROMOTIONS: BRASS3.COM
Leger Gate
ge
l Rd
it Hil
Le
SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL
780.918.0678 /
OFFICE
780.439.7000
Homebuyers’ Help
Compare mortgage rates for your best deal CHARTERED BANKS
variable
ATB Financial
2.6
Alterna Bank
2.45
Bank of Montreal
2.9
Bank of Nova Scotia
2.9
Canadian Western Bank CIBC
6 months
1 year
2 years
3 years
4 years
5 years
4 4.00op 4 6.30op
2.94 4.00op 2.79 6.30op 3.09 6.95op 3.29 6.50op 3.14 6.30op 2.84 6.35op 3.14 3.14 6.35op 2.84 3 3.20op 3.14 6.70op
2.29 4.00op 2.34
2.44
2.49
2.59
2.4
2.69
2.48
3.19
3.59
4.09
2.69
3.09
3.39
3.89
4.49
3.04
3.65
4.2
4.74
2.79
2.44
4.09
4.79
3.04 2.7
3.65 3.39
4.39 4.09
4.64 2.7
2.84 2.94
2.84 2.84
2.89 2.79
2.89 2.89
3.04
3.39
2.64
2.74
2.79 2.34
3.34 2.44
3.99 4.39
4.44 4.64
2.84
3.39
2.39
2.59
3.24
3.49
3.69
3.79
6.95op 4.55 6.45op 4 6.45op
2.7 6.95op
Equitable Bank HSBC Bank Canada
2.79
ICICI Bank Canada Manulife Bank
2.75 2.6
National Bank
n/a
President’s Choice Finan Royal Bank
2.7 2.6
TD Canada Trust
2.6
Tangerine
2.7
4.45 6.20op 4.45 4.4 6.70op
6.75op
3.14 6.75op 2.99 6.30op 3.19
TRUST COMPANIES Community Trust Effort Trust
n/a n/a
Home Trust Investors Group Trust
2.3 n/a
MTCC
2.9
6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op
3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op
3.25 3.5
3.95 3.7
4.39 4.3
4.74 4.35
2.14 3.09
2.34 3.39
2.59 3.89
2.49 2.59
3.09
3.39
3.89
4.49
4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op
2.79 6.30op 2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 2.84 6.30op 2.99 6.30op 2.8 2.95op 2.39
2.34
2.4
2.69
2.48
2.89
2.95
2.99
2.89
2.24 2.79
2.39 2.89
2.49 2.95
2.49 2.89
3.09
3.39
3.89
4.74
3.2
3.65
4
4.5
2.79
2.64
3.89
2.44
2.69
3.49
3.99
4.54
2.85
2.95
3.05
3.15
2.39
2.39
2.49
2.49
OTHER FINANCIAL INSTITUTIONS Alterna Savings
2.45
Comtech Fire C.U.
2.6
First National Fin. LP IC Savings
2.7
London Life
n/a
Luminus Financial
3.25
Meridian Credit Union
2.4
PACE Savings & C.U.
4 5 6.70op
Parama Credit Union
2.65
Steinbach Credit Union
2.25
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Aug 29, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700
24 YPNEXTHOME.CA
SHOW HOMES
NOW OPEN!
FROM THE
LOW $200s
Low maintenance living at Canvas townhouses in Paisley. ANTHONY HENDAY
Leave the mowing to us so you can do the things you really want to. Like hosting friends and family in your new 216 home, enjoying the trails in your new community, or just putting your feet up VICTORIA TRAIL
167 AVE
28
15
FO
RT
66 ST
82 ST
YELLOWHEAD TRAIL
RD
in front of the fireplace in your new great room. Spacious floorplans are available to suit your needs and lifestyle. Find your perfect home today! 16 142 ST
170 ST
118 ST
Canvas in Paisley, 10 2 AV 4470 Prowse Rd SW E
STONY PLAIN RD
2
216 R
D
R
5 0 ST
D
14
WHITEMUD DR
216
5 0 ST
6 6 ST
9 1 ST
1 1 1 ST
23 AVE
RABBIT HILL RD
TE
RW
ILL
IG
ER
215 ST
LE
A SS
100
DR
199 ST
WHITEMUD DR
WAY N E G R E T Z KY D R
216
23 AVE
ANTHONY HENDAY
2
livebrookfield.com
41 AVE
6 6 ST
1 41 ST
1 70 ST
ELLERSLIE RD
South East Edmonton North Saskatchewan River
106 Ave.
101 Ave.
BASELINE RD.
98 Ave.
90 Ave.
ood Park Fwy. Sherw
17 St.
d. rR pe Ro
86 St.
63 Ave.
34 St.
. Rd yll Arg
50 St.
99 St.
76 Ave.
75 St.
83 St.
Whyte - 82 Ave.
Whitemud Fwy.
51 Ave.
38 Av e.
39 Ave.
8
43 Ave.
34 Ave.
2
4 1
Millwoods Rd.
91 St. Calgary Trail North QE II
1
23 Ave.
91 St.
66 St.
9 6 10
41 Ave.
5
LARKSPUR LANDING
9
SOUTHERN SPRINGS
BY LANDMARK COMMUNITIES
BY ROHIT COMMUNITIES
BY PARK HOMES
5503 - 3 Ave. SW
2845 - 43 Ave NW
655 Watt Blvd.
ARA
6
WALKER LAKE LANDING
7
BY CARLISLE DEVELOPMENTS
Corner of Welsh Dr. & Watt Blvd SE TAMARACK BY LANDMARK COMMUNITIES
655 Tamarack Rd.
AURORA BY MELCOR HOMES 1090 & 1092 Watt Promenade SW
4008 Savaryn Dr. SW
4
Ellerslie Rd.
7
2
CHARLESWORTH
50 St.
Parsons Rd.
3
BY CARRINGTON COMMUNITIES
3
4
Anthony Henday Dr. 216
101 St.
MAP LISTINGS
30 St.
5
ELEMENTS AT WILLOWHAVEN
10
THE VILLAGE AT WALKER LAKES BY LANDMARK COMMUNITIES 804 Walsh Drive SW.
BY CARRINGTON COMMUNITIES 5521- 7 Avenue SW
8
ASPEN MEADOWS BY LANDMARK URBAN LIVING
43A Ave. & 23 St.
SEARCH ONLINE ypnexthome.ca
SOUTHEAST EDMONTON Call Amanda 780.761.3144
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $190,900 4008 Savaryn Drive SW
Please see our ad between pages 18 and 19
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 27
Advice | CHBA ALBERTA
Making the right real estate choice By Jim Rivait
WONDERING WHETHER THIS IS THE RIGHT TIME for you to buy a home?
Every homebuyer has doubts, but a recent report from Mortgage Professionals Canada shows that purchasers – regardless of whether they bought their home back before Nirvana was leading the rise of grunge music to today’s Auto-Tune generation – are overwhelmingly positive about their decision after they take the plunge. People who bought a home before 1990 and had the benefit of plenty of time to assess their decision were most certain they made the right choice. A total of 95 per cent were happy, and none of the buyers in the survey regretted their decision. Buyers across all generations shared those views, with more than 90 per cent saying they’re happy they bought a home, and just three per cent expressing any regrets. Satisfaction with their home purchase isn’t the only thing homebuyers from different eras share – they also tend to see a home the same way. Whether they are 18 to 34, 35 to 54, or in the 55 years-plus category, buyers see their homes around 75 per cent as a place to live and 25 per cent as an investment.
Where we start seeing a real difference between generations is among those who do not own a home. Almost half the 18 to 34 age group says they need extra time to save for a down payment, and more young people report they are still establishing their financial and employment stability. Young people are also far more hopeful that they can guess the right time to enter the housing market, with 28 per cent waiting for home prices to decrease, compared to only 13 per cent in the 35 to 54 age bracket. Balanced against the concern about market timing – even among the youngest potential buyers – is widespread confidence in the long-term value of a home purchase; only four per cent say they don’t believe homeownership is a good investment. Thinking about owning a home also stresses out a lot more young people, perhaps because older generations have had more chances to observe how people manage the responsibilities of home ownership. There’s no doubt that repair costs are a big concern for first-time homebuyers. When the Canada Mortgage and Housing Corp. conducted its annual survey, unexpected costs for major repairs worried a majority of first-time buyers. More than a third found those concerns were real when they found themselves on the hook for the cost of immediate repairs after they took possession. One way for first-time buyers to relieve stress is to consider purchasing a new home. The many advantages of new homes are a confidence booster when making such a big investment. So is a 10-year warranty that provides assurance you’re still covered even if an issue arises long after construction. To learn more about the advantages of new homes, check out the consumer resources on the CHBA Edmonton Region website. It’s also where you can find CHBA members with the experience and expertise to guide you through your purchase. The Canadian Home Builders’ Association - Alberta represents more than 1,500 business members, including new home builders, renovators, developers, trade and supply companies and professional services. Find a local builder at the CHBA Edmonton region website chbaedmonton.ca
Jim Rivait is Chief Executive Officer of CHBA – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.
28 YPNEXTHOME.CA
lvd .
Leduc
48 St.
50 Ave.
50 St.
Grant MacEwan Blvd.
High way 2
rt B Bridgepo
Telford Lake
Black Gold Dr. Black Gold Dr.
Dr. Park South
St. 50
1
Hig hw ay
Rollyview Rd. 2A
Dr. Southfork 3 2
Simpkins Wynd
MAP LISTINGS
1 WINDROSE
3 SOUTHFORK
BY LANDMARK COMMUNITIES
BY JAYMAN MODUS
61 Windrose Drive
319 Southfork Dr
2 THE RUSHES OF SOUTHFORK BY HUNTER RESIDENTIAL DEVELOPMENTS
401 Southfork Drive
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 39,000 and growing “Small city” living within minutes of “Big city” amenities
SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems
LOCATED 20 kilometers south of Edmonton on Hwy. 2
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
SEARCH ONLINE ypnexthome.ca
Affordability
THE
ADVANTAGE!
by HUNTER RESIDENTIAL DEVELOPMENTS
2 bedroom, 2.5 bathroom townhomes with attached garage from $264,900!
To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL kit@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 29
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.
Visit www.MySage.ca or call 780-423-5510!
CHBA – ALBERTA AWARDS OF EXCELLENCE IN HOUSING FINALISTS The Canadian Home Builders’ Association – Alberta is pleased to announce the 82 finalists for the 2016 CHBA – Alberta Awards of Excellence in Housing presented by RBC Royal Bank. This year’s awards feature 27 individual categories plus four prestigious Builder of the Year Awards. CHBA – Alberta is also proud to announce the 12 finalists for the four Safety Leadership Awards sponsored by ATCO. Winners will be announced September 16 at CHBA – Alberta’s annual conference in Jasper. “Even in challenging economic times, our members submitted more than 400 housing and safety award entries to compete for the honour of being named one of Alberta’s best. That says a lot about how proud they are of today’s projects and their confidence in the industry’s strong future,” said Ryan Scott, President of CHBA – Alberta. A strong field of companies will compete for top honours in the housing awards. The following builders earned more than three spots in the finals: UrbanAge Homes (5); Pacesetter Homes (4); and StreetSide Developments (4). Edmonton region projects are finalists in 39 categories, followed closely by Calgary region at 36. Lethbridge has five finalists and Central Alberta has two projects in contention for provincial awards. The high point of the evening will be the announcement of the four Builder of the Year Awards for the best overall scores in the competition. A new medium-volume award will be presented this year along with awards for small- and large-volume builders and top multi-family builder. “This year’s awards demonstrate the extensive choice of products available across Alberta. Homes range from $250,000 to more than $1.5 million and other sectors of the housing market are represented with awards for the best multi-family, green home, community development and renovation,” said Jim Rivait, CEO, CHBA – Alberta. “The finalists chosen by our 140 judges are great examples of innovative ways the residential construction industry competes to build homes that suit individual lifestyles and budgets. Whether you are looking to buy or renovate a home, you will be impressed by a visit to the show homes and websites of this year’s finalists,” said Rivait.
PRESENTED BY
RENOVATION UNDER $200,000 SPONSORED BY ENVIROMATICS GROUP
Alair Homes | Calgary | Mission Condo Kon-strux Developments | Calgary | Danyluk Residence Rusch Projects | Calgary | Wood Valley Renew
RENOVATION $200,000 - $500,000 SPONSORED BY JELD-WEN WINDOWS & DOORS
Alair Homes | Edmonton | Weatherby Place Studio North | Calgary | Withrow House Ultimate Renovations | Calgary | Heritage Point Residence
ALAIR HOMES
RENOVATION OVER $500,000 SPONSORED BY ALBERTA HARDWOOD FLOORING
Alair Homes | Edmonton | Sconadale Road Empire Custom Homes | Calgary | Riverside Refinement Renova Luxury Renovations | Calgary | Twenty Patterson
MULTI-FAMILY APARTMENT UNDER $350,000 SPONSORED BY BLUEBIRD CONTRACTING SERVICES
Qualex-Landmark | Calgary | Mark on 10th – Unit 3101 StreetSide Developments | Edmonton | Aurora StreetSide Developments | Edmonton | Orion
MULTI-FAMILY APARTMENT $350,000 - $500,000 SPONSORED BY HOMEFLASH
QUALEX-LANDMARK
Christenson Group of Companies | Edmonton | Reflections Sterling 1 Qualex-Landmark | Calgary | Mark on 10th – Unit 304 The Statesman Group of Companies | Calgary | Chardonnay 2
MULTI-FAMILY DUPLEX UNDER $350,000 SPONSORED BY GRANT THORNTON
Homes by Avi | Edmonton | Markham NuVista Homes | Calgary | Sage Rohit Communities | Edmonton | Carlton
MULTI-FAMILY DUPLEX $350,000 - $500,000 SPONSORED BY KAYCAN
Morrison Homes | Calgary | Bailey NuVista Homes | Calgary | Glencove ReidBuilt Homes | Calgary | Newport
MULTI-FAMILY TOWNHOME UNDER $350,000 HOMES BY AVI
SPONSORED BY LENNOX
Pacesetter Homes | Edmonton | Affirmed – Dansereau Meadows Pacesetter Homes | Edmonton | Affirmed – Desrochers StreetSide Developments | Edmonton | Dalton
MULTI-FAMILY TOWNHOME $350,000 - $500,000 SPONSORED BY SUPERIOR CABINETS
Avi Urban, a multi-family division of Homes by Avi | Calgary | Auburn Pacesetter Homes | Edmonton | Affirmed – Graydon Hill StreetSide Developments | Edmonton | Alpine
MULTI-FAMILY INFILL OVER $500,000 SPONSORED BY THE WEISS-JOHNSON FAMILY
Lupi Luxury Homes | Calgary | Verona Lupi Luxury Homes | Calgary | Vilardi Van Manna Homes | Calgary | Richmond Hill
PACESETTER HOMES
MULTI-FAMILY LUXURY OVER $500,000 SPONSORED BY CONTRACTOR FIRST BY RONA
Empire Custom Homes | Calgary | Valour Park – Unit 7 Knightsbridge Custom Homebuilders | Calgary | University City – Unit 201 The Statesman Group of Companies | Calgary | Pinot Noir
MULTI-FAMILY PROJECT SPONSORED BY I-XL MASONRY SUPPLIES
Partners Development Group | Calgary | Arrive at Redstone Qualex-Landmark | Calgary | Mark on 10th Rohit Communities | Edmonton | Callaghan Ravines
COMMUNITY DEVELOPMENT SPONSORED BY CHRISTENSON GROUP OF COMPANIES
LUPI LUXURY HOMES
Alldritt Land Corporation | Edmonton | Granville Brookfield Residential | Edmonton | Lake Summerside Brookfield Residential | Edmonton | The Orchards
GREEN HOME SPONSORED BY BUILT GREEN CANADA
Avalon Master Builder | Calgary | Lake House Greener Homes | Lethbridge | Country Living Habitat Studio | Edmonton | Contempo
SINGLE FAMILY UNDER $250,000 SPONSORED BY CANADA MORTGAGE & HOUSING CORPORATION
Laebon Homes | Central Alberta | Sterling UrbanAge Homes | Edmonton | Benihana98 UrbanAge Homes | Edmonton | Frontside5
ALLDRITT LAND CORPORATION
SINGLE FAMILY $250,000 - $280,000 SPONSORED BY TORLYS SMART FLOORS
Ashcroft Master Builder | Lethbridge | Carlos UrbanAge Homes | Edmonton | Domakai81 White Eagle Homes | Edmonton | Sandstone
SINGLE FAMILY $280,000 - $310,000 SPONSORED BY KITCHEN & BATH CLASSICS
Avonlea Homes | Lethbridge | Ashburn Sterling Homes | Edmonton | Wellington UrbanAge Homes | Edmonton | Burly89
SINGLE FAMILY $310,000 - $340,000 SPONSORED BY HUNTWOOD CUSTOM CABINETS
Douglas Homes | Calgary | Barcelona 3 Mattamy Homes | Edmonton | Hickory B UrbanAge Homes | Edmonton | Burton88
MATTAMY HOMES
SINGLE FAMILY $340,000 - $380,000 SPONSORED BY ICON FLOORING
Ashcroft Master Builder | Lethbridge | Kristin II Coventry Homes | Edmonton | Omega Mattamy Homes | Edmonton | Walnut
SINGLE FAMILY $380,000 - $425,000 SPONSORED BY APRILAIRE
Blackstone Homes | Edmonton | New Castle I Morrison Homes | Edmonton | Everett ReidBuilt Homes | Calgary | Bruno Residence
COVENTRY HOMES *Single Family and Estate Home categories do not include lot or GST
SINGLE FAMILY $425,000 - $475,000 SPONSORED BY CALGARY HERALD & EDMONTON JOURNAL
Colbray Homes | Central Alberta | Morningside Acreage Douglas Homes | Calgary | Playa Del Carmen 7 Pacesetter Homes | Edmonton | Adelyn Signature Homes | Lethbridge | Prescott
SINGLE FAMILY $475,000 - $525,000 SPONSORED BY MASCO CANADA
Albi Homes | Calgary | Modena Blackstone Homes | Edmonton | Cambridge White Eagle Homes | Edmonton | Emilia
BLACKSTONE HOMES
SINGLE FAMILY $525,000 - $600,000 SPONSORED BY AVIVA CANADA/NATIONAL HOME WARRANTY GROUP
Blackstone Homes | Edmonton | London B Crystal Creek Homes | Calgary | Kingsley II WestView Builders | Calgary | Lancaster
ESTATE HOME $600,000 - $800,000 SPONSORED BY ALLSTAR TRENCHING & EXCAVATING
Ashton Luxury Living | Calgary | Rosetree Crystal Creek Homes | Calgary | Berkshire Vicky's Homes | Edmonton | Valenzia
ESTATE HOME $800,000 - $1,000,000 SPONSORED BY LENBETH WEEPING TILE
WHITE EAGLE HOMES
Augusta Fine Homes | Edmonton | Manhattan Baywest Homes | Calgary | Cantata Vicky's Homes | Edmonton | Vittorio
ESTATE HOME $1,000,000 - $1,500,000 SPONSORED BY YP NEXTHOME
Blok Home Development & Design | Calgary | Prism Morrison Homes | Calgary | Monaco Trickle Creek – Estate Home | Calgary | Madeira
ESTATE HOME OVER $1,500,000 SPONSORED BY WEISER PFISTER
Habitat Studio | Edmonton | Willow View Kimberley Homes | Edmonton | Milligan Residence Platinum Signature Homes | Edmonton | Araliya
HABITAT STUDIO
The Canadian Home Builders' Association – Alberta (CHBA - Alberta) is the voice of the residential construction industry in the province. It represents over 1,600 business members including new home builders, renovators, developers, trade and supply companies, and professional services.
is where you want to live 50 ST
NN ING DR
TOR
82 ST
144 AVE
VIC
167 AVE
IA T
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MA
Y WAY
ALBAN
66 ST
142 ST NW
ELEMENTS AT MANNING
ELEMENTS AT URBAN VILLAGE
YELLOWHEAD TR
75 ST
R RT T LBE
WHITEMUD DR
ANTHONY
ST A
142 ST
ANTHONY HENDAY DR
WINTERBURN RD
YELLOWHEAD TRAIL
WHYTE AVE
SHERWOOD PK FWY
DR NW TER WIL LEG AR
34 ST NW 50 ST SW
7 AVE SW
70 ST
WINDERMERE BLVD ELLERSLIE RD
23 AVE
75 ST
WINDERMERE RD
111 ST
ELEMENTS AT WINDERMERE
WHITEMUD DR
HENDAY DR
ARGYLL RD
16A AVE NW
54 ST ELLERSLIE RD SW
elementsbycarrington.ca
ELEMENTS AT WILLOWHAVEN
MANNING
GRAND
OPENING!
Two NEW Showsuites NORTHEAST
LV D
DRIV E
EBB
SB
NING MAN
B L VD
144 AVE NW
ER
SALES HOURS
Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays elementsbycarrington.ca
CONDOS STARTING AT $150’s
LY: PRICING
50 ST NW
MIL LE R
Call Jamie at 780.705.9035 142-Ebbers Boulevard NW
IALIST ON PROVALS!
NW
153 AVE NW
WINDERMERE
New Showsuites Now Open! Promos on Now!
FROM THE $180’s • Located in SW Edmonton’s stylish suburb of Windermere! • Area is home to boutique shops, restaurants, retail stores and entertainment centres • Immediate possessions available
SOUTHWEST Call Mark at 780.469.6976 390 Windermere Road NW SALES HOURS Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
SEPTEMBER 10 TH
SATURDAY 12:00pm - 5:00pm
THIS WEEKEND ONLY:
$5,000 FURNITURE GI WITH THE PURCHASE
NO CONDO FEES FOR MORTGAGE SPECIALIST
12:00pm - 5:00pm 7711-71 Street NW
SATURDAY SEPTEMBER 17 TH
MORTGAGE SPE HAND FOR PRE-A THIS WEEKEND O EPIC PRE-SAL
URBAN VILLAGE
CONDO
SALES LAUNCH!
WHYTE AVE
YLL
ARG
91 ST
RD
SHERWOOD PARK FWY
SOUTH CENTRAL
Call Craig at 780.705.1520 7711-71 Street NW
SALES HOURS
Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
75 ST
elementsbycarrington.ca
WHITEMUD DR
CONDOS STARTING AT $130’s
ON HAND
R ONE YEAR!
IFT CERTIFICATE E OF SUITE
WILLOWHAVEN
Immediate possessions available. Promos on Now!
FROM THE $170’s • Located in the heart of Ellerslie, an engaged and dynamic community that’s on-the-grow
SOUTHEAST Call Nav at 587.521.1444 5521 7 Ave SW
• All the amenities of an established community; along with shopping, restaurant and entertainment options
SALES HOURS Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
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
3 MONTROSE ESTATES
BY CHRISTENSON COMMUNITIES
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 interconnected walkways
For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca
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SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 35
BENEFITS OF CONDO FEES A lot of people might not be aware of the benefits of owning property that is considered “Condominium”. First and foremost, it protects your investment. The integrity of the community stays intact. Everyone has to maintain a certain standard of living. There are rules and regulations in place to protect the homeowner. If a rogue owner is creating any type of actions deemed inappropriate, he or she can be dealt with accordingly. You have recourse. When you purchase a “Freehold” (no condo fees) type of property, you are at the mercy of your neighbour being a good neighbour. Unless they are breaking City bylaws, there is not much you can do about it, and can create some bad blood between you and your neighbour. In a condo type project, you simply contact your board, and bring up the issue at hand. It can be dealt with swiftly, and from a distance. Lower Cost of Ownership Your cost of ownership will be much lower than freehold. Insurance is included in your monthly fees at a much lower rate than freehold. When you insure a 100 Unit project versus a single family home, you are receiving a volume discount from the insurance companies. When you insure a single house, you will pay a much higher rate. Also, liability and structural insurance is included in your monthly fees. Low Maintenance Things like snow removal and grass cutting will get done for you. You can spend more time doing what you really want. For Snowbirds or out of town workers, this is the perfect scenario. No need to worry if you are a 1000 miles from home. Your Utilities In most townhome projects, you will pay your own heat, electricity, natural gas, water, cable, etc. This way you can control your own expenses. You can save even more based on the number of people living in your townhouse. Low Monthly Fees Fees in a townhome type of project will generally stay
low for decades. Normally adjusting for things like inflation. You also have a say in how things are being looked after. If you notice something out of kilter, contact the board and raise the issue. There generally will be a healthy reserve fund, to look after any unforeseen expenditures. Pride of Ownership Whether you choose to live in your townhome for 5 years or 25 years, it should continue to have an “as new” appearance as you walk or drive though the community. Fences, soffits, and downspouts in good condition, shingles replaced as needed, trees and shrubs growing properly, grass well maintained. Common areas should also have an impressive appearance. Again, securing your long term investment. Lower Property Taxes Most projects will also include waste disposal, thus lowering your property tax bill from the city. Peace of Mind With the items mentioned above, as well as numerous other benefits, at the end of the day condo living makes your life easier. You do not get this style of living in a freehold type of home. Condo living is not for everyone, but for the ones that see the upside, in a well-managed project built by a reputable builder, you can have many years of stress free living. The pluses far out way the minuses in a condo. As you can see there are a lot of benefits of owning a condo. For more information, you can visit Dennis at the Village at Walker Lakes Townhomes (804 Welsh Drive SW).
Dennis Warwa Area Sales Representative for Landmark Homes
LandmarkHomes.ca it’s what’s inside
Sherwood Park Hwy. 16
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Baseline Rd.
14
Wye Rd.
Sherwood Park Fwy.
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Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
21 d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
Grana d
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14X
Sherwood Dr.
Broadmoor Blvd.
3 5
Beauvista Dr.
1 SUMMERWOOD DUPLEXES
5 REFLECTIONS
BY ROHIT COMMUNITIES
BY CHRISTENSON GROUP
100 Axbridge Gate
5001 Eton Blvd.
2 ASPEN TRAILS
6 ASPEN TRAILS DUPLEXES
BY ABBEY LANE HOMES
BY ROHIT COMMUNITIES
Axbridge Gate off of Lakeland Dr.
100 Axbridge Gate
3 ETON PARK ESTATES BY CHRISTENSON GROUP
Emerald Hills Aspen Trail & Eton Blvd. 4 LAKELAND RIDGE BY LANDMARK COMMUNITIES
219 Charlotte Way
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SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 37
Trending
Forget the ‘Canadian’ housing market – it doesn’t exist By Wayne Karl
A FEW MONTHS AGO, WE WROTE
about why 2016 was a good year to buy a home in the Canadian market. In fact, we listed five reasons: » Low interest rates » Lower prices in some markets meant opportunity » The hot markets were getting hotter » History, as in price growth, was in your favour, and » The busy spring market was about to begin Now, here we are in September… is that still the case? The latest data from the Canadian Real Estate Association (CREA) may lead you to believe otherwise. The headline of CREA’s recent release read Canadian home sales post third consecutive decline in July. Not exactly the most positive news. The headline of our own article here, Forget the ‘Canadian’ housing market – it doesn’t exist, is not meant to suggest you actually not buy in Canada. It means – and we can’t stress this enough – real estate is local. Forget the “Canadian” market. There actually is no such thing, though national agencies such as CREA and Canada Mortgage and Housing Corp. (CMHC) try to summarize market characteristics and common denominators for housing across the country. But when you a home, you don’t buy a national market, or even a provincial, regional or municipal one. You buy one property in a local market. What’s happening in your area could be completely different from that in another province, or 38 YPNEXTHOME.CA
certainly at the other end of the country. One of our favourite comments to put this in perspective comes from mortgage expert Calum Ross: “Canada represents one of single largest countries in the world and going from coast to coast, Canada is home to a very diverse group of people with local economics that are vastly different. Saying there is a Canadian housing market is no less ridiculous than saying there is ‘Canadian temperature.’” Or that traffic at one end of the country is the same at the other. So, let’s revisit why 2016 is still a good year to buy a home – with a few caveats. Beginning with: Real estate is local Next time you see a headline or report that summarizes the Canadian housing market as one thing or another, look deeper to see what’s happening in your market. When CREA says, for example, that “national home sales declined for a third consecutive month in July 2016,” look beyond the headline to see what’s going on where you live, where you either own a home or are planning to buy one. Even CREA, more and more, stresses this important distinction. “National sales and price trends continue to be heavily influenced by a handful of places in Ontario and British Columbia and mask significant variations in local housing market trends and conditions across Canada,” President Cliff Iverson says. Sure, average prices in Greater Vancouver surged 32.6 per cent yearover-year in July (ouch, affordability),
but they were down -1.5 per cent in Calgary (hello, opportunity). The upside of down prices Economies and housing sectors in markets such as Edmonton, Calgary and Saskatoon are still feeling the pinch of the extended slowdown in oil and gas. If you own a home there, that’s not the greatest news. For prospective homebuyers, on the other hand, the pause could mean an opportunity, as it actually improves affordability. Adjacent markets can benefit The Toronto and Vancouver markets have been hot for months, if not years. But there can be a downside to that – overheating. CMHC recently reported that Vancouver is now showing sufficient evidence to raise its overall assessment of problematic conditions in the housing market there to “high.” And it’s not in just single-family
Economies and housing sectors in markets such as Edmonton and Calgary are still feeling the pinch of the extended slowdown in oil and gas – which actually improves affordability.
NATIONAL AVERAGE PRICE MAP Newfoundland & Labrador 1 $252,846 2 v $275,972
BC 1 $663,411 Alberta 2 v $608,294 1 $403,666 2 v $394,977
Saskatchewan
Manitoba 1 $275,914 2 v $273,164
Quebec Ontario
1 $303,414 2 v $306,641
2 $454,498 v 1 $517,831
1 $284,662 2 v $278,328
Prince Edward Island 1 $180,427 2 v $171,140
LEGEND
Nova Scotia
1 = July 2016 price levels 2 v = July 2015 price levels
New Brunswick 1 $164,961 2 v $168,412
1 $221,689 2 v $224,232
SOURCE: The Canadian Real Estate Association
homes; the worrisome characteristics are now surfacing in townhomes and condos, too. Canada’s other ultra-hot market, Toronto, is causing a spillover into adjacent areas. Hamilton is attracting buyers who have been priced out of the Toronto market, in search of more affordable homes. And to the east, Durham Region is benefiting from a similar trend. “Oshawa is the hottest market right now… attracting first-time buyers and others, since the price point is about 50 per cent lower than average prices in Toronto,” says Dana Senagama, principal market analyst for Toronto.
Housing types and marketing strategies Government land-use regulations are playing a role in eroding affordability. In Ontario, for example, policies such as the Places to Grow Act have limited the availability of serviced land for ground-oriented houses, which is contributing to fast-rising prices. While builders lobby government to wake politicians up to the unintended consequences of such policy, they are also trying to make homes more affordable by expanding the housing types they bring to market. Some companies, trying to do their part to address affordability, are even
getting creative in how they market their properties, through innovative programs and down payment options. Low interest rates Yes, interest rates are still in your favour. In its most recent announcement on July 13, the Bank of Canada again held the maintained its target for the overnight rate at 0.50 per cent – where it has been since July 2015. Experts are now saying rates won’t begin to inch up from these historical lows until well into 2017. The BoC’s latest interest rate announcement was Sept. 7. SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 39
Advice | MORTGAGE ADVICE
Unexpected homeownership costs GST/HST New homes are subject to GST or HST on top of the purchase price. This, however, does not apply to resale properties.
By Alyssa Furtado
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE JOURNEY TO HOMEOWNERSHIP
takes patience and years of diligent saving. While it starts with a down payment, there can be unexpected costs that come up as a surprise. Prospective homeowners need to set aside money in addition to the down payment. Here are some unexpected costs to plan for: Inspection and appraisal fees Home inspections should be conducted to check for major issues prior to buying a new property. Inspections, which cost up to $700, assess conditions including the foundation, heating, roofing and electrical. Mortgage lenders may require an appraisal to corroborate the value of the property against the amount being borrowed. Expect to pay around $200 for the property valuation. A property survey may also be necessary to verify boundaries and measurements of the land being sold, which can cost $1,000. Legal fees Legal representation is needed to ensure that all required documentation is processed in a timely manner. A lawyer will handle mortgage details, conduct a title search to ensure that the seller of the property is the owner, register a new title, and hand over the keys. Expect to pay up to $2,500. Mortgage insurance Mortgages issued with down 40 YPNEXTHOME.CA
payments less than 20 per cent incur a one-time insurance premium against payment default. Canada Mortgage and Housing Corp. mortgage insurance covers the lender and can cost between 1.8 to 3.6 per cent of the mortgage principal. In lieu of a single payment, lenders allow the premium to be added to the mortgage, subject to the same interest rate of the agreement. The premium can cost you thousands of dollars. If a down payment under 20 per cent is unavoidable, try to get the best mortgage rates to maximize savings on interest. Home insurance Home insurance protects the property and its contents in case of damage or theft. It also provides liability protection in case of injury. Home insurance isn’t regulated in Canada so it’s important to know what a policy covers. Depending on the provider, premiums can be paid monthly or via a lump sum for the year. Land transfer tax A land transfer tax (LTT) is charged whenever a property changes hands. While the amount varies across each province, the LTT is calculated as a percentage of the purchase price of the home. Some municipalities, like Toronto, also charge a municipal land transfer tax and will increase the final purchase price. In British Columbia and Ontario, rebates are available to lessen the impact of the tax for firsttime homebuyers.
Property taxes Property taxes can amount to a few thousand dollars. Divide the amount by 12 to gauge the impact of the additional monthly payment. Also consider a probable increase. Recurring monthly costs, maintenance, and renovations Monthly charges should be budgeted and can include utilities, condo fees and connections to services such as cable and Internet. A larger new home could cost more to heat and cool. The costs to renovate a kitchen or to repair faulty plumbing can add up quickly. While maintenance may not be necessary in a given year, repairs are inevitable. It’s a good idea to set aside three to five per cent of the home’s purchase price for ongoing maintenance and upgrades. The bottom line From an assortment of fees, taxes and insurance to regular maintenance, hidden home ownership costs can come as a surprise. Set aside extra funds to cover these expenses. The last thing you want is to come up short on unexpected charges and have a deal on a dream home fall through. RateHub’s mortgage payment calculator provides a reliable estimate of the cash needed to accommodate for extra costs. In addition to including land transfer taxes and lawyer fees, the calculator also presents a clear view of monthly expenses and payments needed to pay off the mortgage loan. Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.
North East Edmonton 8
Rd . Fo rt 129 Ave.
120 Ave. 95 St.
118 Ave.
58 St.
122 Ave.
121 Ave.
. Ave d. 112 Blv a Ad
CAPILANO BRIDGE
MAP LISTINGS
1 TOPAZ 70-8318 180 Ave.
North Saskatchewan River
BY CARLISLE GROUP
2 ELEMENTS MANNING BY CARRINGTON COMMUNITIES
142 Ebbers Blvd. NW
9 CY BECKER DUPLEXES BY ROHIT COMMUNITIES
118 Cy Becker Blvd.
167 Ave. & 53 Street 6 CLAREVIEW VISTAS BY LANDMARK COMMUNITIES
3625 144 Ave NW
3 SAVIDA BY LANDMARK COMMUNITIES
3650 - 139 Avenue NW
7 CASSELMAN LANDING BY ROHIT COMMUNITIES
#1, 5203 - 149 Ave.
BY CARRINGTON COMMUNITIES
5510 Schonsee Dr.
104 Ave.
5 ELEMENTS AT MCCONACHIE
BY PARK HOMES
4 NORTHSHORE
Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.
127 Ave.
20 St.
Victoria Tr.
137 Ave. 132 Ave.
151 Ave.
ve. 2 144 A 6 3 ve. A 7 3 1
34 St.
87 St.
144 Av e.
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50 St.
66 St.
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82 St.
97 St.
. 160 Ave . e v A 153
195 Ave.
4
91 St. 1
8 ALTIUS CY BECKER BY STREETSIDE DEVELOPMENTS
165 Cy Becker Blvd.
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NORTHEAST EDMONTON | Call Jamie 780.705.9035
elementsbycarrington.ca Please see our ad between pages 50 and 51
CONDOS FROM THE $150’S 142 EBBERS BLVD NW SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 41
Fort Saskatchewan ER AT S DW N RE IBBO G
ES UT ON IN ONT M 7 DM E TO
21 ay K hw PAR Hig OD N. O O ERW NT SH MO TES TO & ED MINU 10
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1
Wilshire Blvd.
MAP LISTINGS
1 CLIO BY PARK HOMES
#94th St Southfort Drive
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
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42 YPNEXTHOME.CA
St. Albert ros e Dr.
Keil lor Dr.
Sturg eon Rd .
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167 Ave.
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Boudreau Rd. Campbell Rd.
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170 St. Gerva is
184 St.
Levasseur Rd.
MAP LISTINGS
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BY CHRISTENSON GROUP
BY CHRISTENSON GROUP
St. Albert Trail & Ridge Drive
88 Lacombe Drive
2 BOTANICA BY BOUDREAU DEVELOPMENTS LTD.
4
THE TERRACES BY CHRISTENSON GROUP
88 Lacombe Drive
105 Bellerose Drive
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SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 43
Christenson Developments Presents:
THE VILLAS at Lacombe Park
E
xperience the relaxed and easy-going lifestyle you’ve always dreamed of at the Villas at Lacombe Park! Focused on providing convenient adultstyle bungalow living options, this outstanding development combines a stress-free living environment with the an ideal location. Situated near the coveted Big Lake district in St. Albert, the Villas at Lacombe Park showcase stunning townhome-bungalows that allow residents to enjoy a modern and hassle-free environment. Starting at the incredible price of $489,900, the Villas at Lacombe Park offer easy access to St. 44 YPNEXTHOME.CA
Albert Trail and the Anthony Henday – plus, they are located near an abundance of shopping centers and natural pathways. Residents can sit back and relax (no need for that lawn mower or snow blower) in a low maintenance environment that is just moments away from a variety of first-rate amenities. The Villas at Lacombe Park feature two different lifestyle options. The Lynx is ideal for those who desire carefree condo living – no yard work or shoveling required! The second option available within the Villas at Lacombe Park is the Terrace. These homes
include all the same attractive finishings and features of the Lynx; however, offer a range of sizes to choose from. A Home Owner Association replaces of condo fees at the Terrace. Each home has been designed with customer convenience in mind. An attached garage and easy accessibility makes these homes a perfect fit for those who are looking to downsize. Other home features include: six appliances, window coverings, vaulted ceilings, and energy efficient windows for exceptional temperature control. Three main plans are available for homebuyers to choose from in
IES
U
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GRO
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WE JUST OPENED 2 NEW SHOW HOMES
the Terrace. The Sequoia features a 1,386 sq.ft. main floor with a developed basement that brings the home to 2,313 sq.ft. of total living space. The Aspen offers a 1,422 sq.ft. main floor with a fully developed basement that brings the total living space to an amazing 2,286 sq.ft! Pricing for both these home models starts from $559,900. Finally, the Linden home option which presents 1,183 sq.ft. of main floor space plus a developed basement, which brings the total square footage to 1,978. Extra windows and an exceptionally large basement bedroom make this additional basement living space excellent
for larger families. The Lynx condos currently have two walkout lots available on the water starting at $589,900, as well as quick possessions available within the next few months starting from $489,900. Visit area sales consultant, Sandy Wagar, at the Lacombe Park Villas and take a closer look at these gorgeous homes. As Sandy states, it’s “the best between owning a home and apartment living – it doesn’t get better than this”! The area in Lacombe Park is stunning with many options, styles and possession dates available that can meet the needs of anyone
who is planning for retirement. “You have come to the right place with Christenson Group of Companies, who are known as leaders in luxury retirement living! Residents are just minutes away from shopping recreation and natural amenities”. For more information or to learn more about the Villas at Lacombe Park visit their website at LacombePark.ca or call Sandy at 780-903-2465. Visit the show suite at 8 and 36 Lacombe Drive, St. Albert, Monday to Thursday from 1pm-6pm, Saturday, Sunday from 1pm-5pm. SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 45
What’s Online
Trending now The latest real estate news from across Canada
Smooth move: How to hit the ground running READ THE STORY ONLINE ypnexthome.ca/smooth-move
The coolest communities across Canada READ THE STORY ONLINE ypnexthome.ca/cool-communities
Five interior design secrets for your new home READ THE STORY ONLINE ypnexthome.ca/design-secrets
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North West Edmonton City Boundary
12 176 Ave. Castle Downs Rd.
2 167 Ave.
162 A ve
.
8
1424Ave.
7 132 Ave.
An th
on y
l rai rt T
127 Ave.
ail d Tr
gsw
124 St.
142 St.
149 St.
. Rd eld
Kin
ay
s . es ve nc A Pri beth a Eliz
Ave .
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111 Ave.
Ma
178 St.
184 St.
170 St.
199 St. 215 St.
156 St.
a whe 118 Ave.
o Yell
109 St.
Dr
nd ay
lbe
He
10
5 135 St.
137 Ave.
11 13
A St.
9
153 Ave. 6 14 1
121 St. 113A St.
150 Ave.
97 St.
127 St.
153 Ave.
148 Ave.
Campbell Rd.
3
Stony Plain Rd.
MAP LISTINGS
1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave.
6 VALOUR
2 ALBANY TRAILS
7 BELLWETHER PARK 132 Ave. & 132 St.
BY FOOTPRINT DEVELOPMENTS
138 St & 167 Ave. 3 AVIVA
11 STARLING DUPLEXES
BY CARRINGTON COMMUNITIES
BY ROHIT COMMUNITIES
508 Griesbach Parade NW
2407 Sparrow Crescent 12 LEGACY POINTE
8 CAERNARRON KEEP FIRST PLACE PROGRAM
BY CARRINGTON COMMUNITIES
BY LANDMARK COMMUNITIES
507 Albany Way
14621 - 121 St. NW
4 ALTIUS SKYVIEW
9 STARLING LANDING
BY STREETSIDE DEVELOPMENTS
12815 Cumberland Rd. 5 ALOFT SKYVIEW BY STREETSIDE DEVELOPMENTS
12804 - 140 Ave.
18230 - 104A Street 13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT
137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES
BY ROHIT COMMUNITIES
2405 Sparrow Common 10 URBAN CENTURY
BY CONCEPT HOMES MASTER BUILDER
BY SLOKKER CANADA WEST
2570 Pegasus Blvd.
BY FOURCHA GROUP
14705-125 Street
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NORTHWEST EDMONTON Call Mick 780.760.2002
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $234,900 508 Griesbach Parade NW
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 47
Downtown Edmonton 118 Ave. 112 Ave.
102 Ave.
10
8
Jasper Ave. 100 Ave.
106 St.
Victoria Park Rd. Rive r Va lley Rd
7
3 97 Ave.
.
82 St.
d lan
w Ro
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St.
9 2 1 6 5
100 St.
104 Ave.
yA ve .
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wa
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116 St.
109 St.
127 St.
142 St.
144 St.
107 Ave.
4
11
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KINNARD RAVINE
t. 95 S
12
104 Ave.
Kin
. 97 St
124 St.
111 Ave.
101 St.
111 Ave.
LOW LEVEL BRIDGE JAMES McDONALD BRIDGE
DAWSON BRIDGE
Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE
MAP LISTINGS
1 THE ULTIMA
North Saskatchewan River
6 ENCORE
BY WESTRICH PACIFIC
BY WESTRICH PACIFIC
10244 - 103rd Street
103 St. & 102 Ave.
2 THE FOX
7 JASPER HOUSE
BY LANGHAM DEVELOPMENTS
BY LAMB DEVELOPMENT CORP
104 Street & 102 Avenue
Jasper Ave. & 106 Street
3 SYMPHONY BY ROCKWOOD PROPERTY MANAGEMENT
9704 - 106 St. 4 VIBE BY CARRINGTON COMMUNITIES
10604 116 Street 5 ICON BY LANGHAM DEVELOPMENTS
Jasper Ave., North of 104 St.
8 GROVENOR MANOR BY PELHAM MASTER BUILDER
11 121 WEST CONDOS AT HIGHSTREET DISTRICT BY REGENCY DEVELOPMENTS
121 Street & 105 Avenue 12 WEST BLOCK BY BEAVERBROOK IN HOUSE DEV
Corner of 142 St & Stony Plain Road
10126 – 144 Street 9 THE LEGENDS BY WAM
104 Ave. & 102 St. 10 PEARL BY REGENCY DEVELOPMENTS
Jasper Avenue & 119 Street.
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STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
48 YPNEXTHOME.CA
WITH LOCATIONS THROUGHOUT EDMONTON, CARRINGTON HAS SOMETHING FOR EVERYONE.
TURNS OUT, THE GOOD LIFE HAS AN ADDRESS. Introducing 100 West Block, 60 exclusive residences from 1,060 to 3,250 square feet. It’s urban living in the heart of Glenora, where an indulgent getaway is as easy as pressing the elevator button. NOW SELLING
B O O K A N A P P O I N T M E N T AT W E S T B L O C K G L E N O R A . C O M
Summer 2017 Occupancy
Fox One now complete and sold out Fox Two progressing quickly, select units available With Fox One completely sold out and fully occupied, Fox Two is the last opportunity to own a brand new luxurious condo on this street. • Spacious 2- and 3-bedroom units still available • All remaining units include air conditioning • At least 1 heated and secured parking stall included in purchase price • Summer 2017 occupancy • Quartz countertops, high gloss cabinetry, high grade flooring and stainless steel appliances are standard finishes Left: Fox One complete and occupied. Above: rapid progress continues on Fox Two.
Live in Edmonton’s best downtown location Fox Two, at 33 storeys, is the taller of the Fox Towers project and is situated on the corner of 102 Avenue and the 104 Street Promenade, the popular and most sought-after downtown Edmonton neighbourhood. On the list of 2013’s Best Streets in Canada, the 104 Street Promenade is home to eclectic shops, restaurants and a summertime farmers’ market, and has the highest walkscore in the city at 98/100*. Within two blocks of your doorstep is the new Rogers Arena, the surrounding Ice District, City Center shopping mall, Edmonton’s financial district, YMCA and two LRT lines giving you immediate access to all Edmonton has to offer, including West Edmonton Mall and the University of Alberta.
• Efficient, well-designed floor plans to maximize living areas
• Three high-speed elevators • Breathtaking glass curtain wall and large windows offer building-wide sweeping city views • Architectural excellence and well-conceived, stylish interiors • Superior design and quality, timeless beauty and longevity Another Project by Langham Developments Ltd. Langham Developments is among Edmonton’s most experienced and reputable high rise builders, having successfully completed four outstanding downtown towers to date: Fox One, Icon One, Icon Two and Omega. *www.walkscore.com
Visit our on-site Sales Centre located on 104 St. just north of 102 Ave.
www.foxtowers.ca | 780.425.0369
ONLY 5 UNITS LEFT 1 IS FULLY FURNISHED
IMMEDIATE POSSESSION
1st year’s condo payments on us AND $2,000 IKEA gift card!
43 STORIES
PRIME LOCATION ADJACENT TO THE ICE DISTRICT, AND JUST STEPS AWAY FROM THE FINANCIAL DISTRICT, SHOPPING, DINING, AND MORE UNPARALLELED AMENITIES INCLUDING CONCIERGE SERVICE, LAS VEGAS STYLE SUN DECK WITH WADING POOL AND PRIVATE CABANAS, FITNESS ROOM, INDOOR LOUNGE WITH INDOOR/OUTDOOR FIREPLACE AND AN EXTENDED ENTERTAINMENT BAR OUTSTANDING INTERIOR FINISHES, WITH FLOOR TO CEILING WINDOWS IN EVERY SUITE. TWO AND THREE DIRECTIONAL VIEWS IN EVERY SUITE! ESTIMATED COMPLETION MID 2020
B
g Startin
2 Bedroom + 2 Bathroom Suite 973 sq.ft.
Balcony 89 sq.ft.
from
00
$478,0
Sales Centre located at 10609 104 AVENUE
Sat: 12- 5pm
www.ultimatower.ca
encore@westrichpacific.com 780.803.8777
www.encoretower.com
Neighbourhood Profile
Downtown Edmonton Transforming into the future By Sonia Bell
Fast facts Average household income
$65,337 Family structure
FAMILIES
COUPLES
SINGLES
8%
34%
58%
Own vs. rent
71%
RENTERS
TAKE A VIDEO TOUR ONLINE Ypnexthome.ca/downtown-edmonton
DOWNTOWN EDMONTON is in the
midst of a huge resurgence. With a number of developments underway, the area is rapidly growing into a vibrant community, transforming into both a residential and commercial area, sporting an increasingly diverse and up-beat nature. Lifestyle Known for an abundance of events, Edmonton has established itself as “The Festival City.” Churchhill Square holds a number of festivals in the summer pertaining to music, performing arts, visual arts and sports. The art district is also well known, contributing to the artistic appeal of the downtown core. Vibe Downtown Edmonton epitomizes versatility. The area offers trendy shops and boutiques, beautiful views and landmarks, and is a financial hub
for the city. It has a sense of vibrancy that is continually on the increase and hosts many festivals right in the heart of downtown, contributing to the neighbourhood’s vitality. Meet the neighbours The downtown area has a diverse crowd. The neighbourhood attracts young professionals and students who wish to live near work and school, while at the same time enjoy nearby restaurants and pubs. Artistic types are drawn to the art district, comprising a musical theatre, theatre school, galleries and museums. In the area The real estate market has grown rapidly over the past few years, with homes in high demand. Similar to many downtown neighbourhoods, the average cost of living downtown is greater than the overall average for the city.
29% OWNERS
Most common home type HIGHRISE Top leisure activities RESTAURANT, RESTO-BAR OR PUB PARKS/CITY GARDENS BARS/RESTAURANT BARS
SOURCE: ENVIRONICS
Planes, trains & automobiles There are five LRT stations throughout downtown and buses that stop at malls, major attractions and offices. A 13-km indoor pedway links to major shopping centres, restaurants and the movie theatre, so you don’t have to brave the cold in winter. The ‘vroom’ service is a direct shuttle bus to West Edmonton mall, the largest mall in North America.
Sonia Bell works at Yellow Pages NextHome to get the inside scoop on what’s trending in real estate, renovation and decor. She has her Masters in Communications, specializing in media, and loves writing about all things real estate.
54 YPNEXTHOME.CA
South Central Edmonton North Saskatchewan River
84 St.
75 St.
85 St.
Co
n 7 nors 2 Rd.
90 Ave. 83 St.
103 St.
104 St.
1
6
95 Ave. 92 St.
105 ST BRIDGE . n Dr ewa atch k s a S
5
101 Ave. 98 Ave.
Scona Rd.
Sas kat che wa nD r. 87 Ave.
FOOT BRIDGE
JAMES McDONALD BRIDGE
99 St.
109 ST BRIDGE
114 St.
Groat Rd .
GROAT BRIDGE
79 St.
106 Ave.
DAWSON BRIDGE LOW LEVEL BRIDGE
CAPILANO BRIDGE
Whyte - 82 Ave.3 76 Ave.
4 51 Ave.
MAP LISTINGS
1 THE ARBOR AT AVENUE 83 10002-83 Avenue 2 Le Quartier Condos BY INFINITI DEVELOPMENTS
8627-91 St 3 STUDIO OFF WHYTE
4 THE UNIVERSITY BROWNSTONES
7 CASCADE LUXURY CONDOS
BY TESSCO
BY PK DEVELOPMENTS
108 St. & 71 Ave.
9008 - 85 Ave
5 LUMIERE BY INFINITI DEVELOPMENTS
10836-85 Ave.
BY I4 PROPERTY GROUP
6 STUDIO ON THE HILL
104th St & 81st Ave
BY I4 PROPERTY GROUP
9859 – 90th Ave
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SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 55
Monday - Thursday 2-7 PM, Saturday - Sunday 12- 5 PM, Friday Closed 9008 85 Avenue sales@cascadecondos.ca | 780-902-3172
Luxury suites from the low $300,000s Steel and Concrete Construction - SERENITY - A quiet little spot in the world where traffic and the pace of life is slower. - SANCTUARY - A secure and established community, a well-constructed building, small enough to know your neighbors. - SATISFACTION - Feeling good about your decision, knowing that your new lifestyle is going to be the best it’s ever been.
CONSTRUCTION STARTING SEPTEMBER 2016
It’s your time to enjoy life
231 St.
West Edmonton Yellowhead Trail
124 St.
7
87 Ave.
WHITEMUD FWY.
QUESNELL BRIDGE
69 Ave. 199 St.
4 6
GROAT BRIDGE
142 St.
149 St.
163 St.
2
159 St.
175 St.
8 1
170 St.
95 Ave. 182 St.
Rosenthal Blvd.
102 Ave.
Stony Plain Rd. 100 Ave. 156 St.
178 St.
ANTHONY HENDAY
3
Stony Plain Rd.
107 Ave.
a en d. Bu ta R Vis
Winterburn Road (215 St.)
Secord 12 Blvd.
5 10
Ma yfie ld
Rd .
111 Ave.
Callingwood Rd.
9 35 Ave
MAP LISTINGS
North Saskatchewan River
11
1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Grantham Court 2 GROVENOR MANOR BY PELHAM MASTER BUILDER
10126 – 144 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS
9535 - 217 Street 4 STAFFORD GREENS BY STAFFORD GREENS LTD
62 Ave & Getty Gate
5 JADE
9
BY CARRINGTON COMMUNITIES
1004 Rosenthal Blvd
RIVERS EDGE BY CHRISTENSON COMMUNITIES
3090 Cameron Heights Way
6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd
10 RENEW IN ROSENTHAL
7 THE VANIER
11 HAVEN TOWNHOMES
BY QUALICO LIVING
BY DAYTONA
1 &2 8209-217 Street NW BY BROOKFIELD RESIDENTIAL
9820 165 Street
7385 Edgemont Way
8 VIP AT CALIFORNIAN PARKLAND
12 SECORD CHALET BY HOPEWELL
#5, 320 Secord Blvd
BY ABBEY LANE HOMES
2035 Granthan Court
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WEST EDMONTON
Call Trent 780.426.1686
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $194,900 Please see our ad between pages 18 and 19
1004 ROSENTHAL BLVD
SEP 9 - OCT 7, 2016 | NEW CONDO GUIDE 57
Spruce Grove Ha
rv 2 Ridg est e Dr
Jennifer Heil Way
4
MAP LISTINGS
BY LANG BUILT HOMES
Just off of Harvest Ridge Dr
SEARCH ONLINE
58 YPNEXTHOME.CA
1
3
1
1 SILVERLEAF AT JUBILEE PARK 500 Grove Dr 2 EDGEWATER VILLAS
ypnexthome.ca
Vanderbilt Common
r ve D Gro est W
2
PROUDLY BUILT BY
it’s what’s inside
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CHOOSE YOUR PLACE 1
BEARSPAW CROSSING STARTING FROM LOW $300’s
2
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CALL: 780-702-3124 VISIT: 1508 - 105 St NW
CALL: 780-702-8360 VISIT: 415 Clareview Rd NW
*Rates are subject to change. Some conditions may apply, visit the show home for details.
it’s what’s inside
coming soon KIRKNESS TOWNHOMES
PRE-SALE EVENT OCTOBER 1 Visit KirknessTownhomes.ca to learn about our Townhome Pre-Sale Event on October 1.
KirknessTownhomes.ca | 780-702-8295
OME • BEARSPAW CROSSING • KERNOHAN • LAUREL LANDING • VILLAGE AT WALKER LAKES • TOWNHOMES • FIRST HOME • BEARS
3
LAUREL LANDING STARTING FROM LOW $300’S
4
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CALL: 780-702-3120 VISIT: 2215 - 24 St NW www.LaurelLanding.ca
CALL: 780-701-3078 VISIT: 804 Welsh Dr SW www.theVWL.ca
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Save up to
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137 AVE NW
GRAYDON HILL
SKYVIEW
CRYSTALLINA
CY BECKER
HWY 16A
(SPRUCE GROVE)
MCLAUGHLIN
ACK AR M
MCLEOD AVE
28 AVE 17 ST NW
DRIVE
JENNIFER HEIL WAY
167 AVE NW
167 AVE NW
MANNING DR
CY BECKE
R BLVD NW
MCLAUGHLIN
WESTGROVE DRI V
ANTHONY HENDAY DR 66 STREET NW
NW
ST 78
14 0 AVE NW
82 STREET NW
GR AYD ON H I LL BLVD
A NERA
ELLER SL I E R D S W
TALLIN C RYS
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142 AVE
23 AVE NW
TA
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CUMBER L AND R D
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TAMARACK