Edmonton New Condo Guide - Sept 9, 2016

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

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O me

o

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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!

Brand new name, same great app.

Everything you need to know to buy or rent your next home.

DOWNLOAD THE APP

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

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Low maintenance living at Canvas townhouses in Paisley.

ANTHONY HENDAY

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66 ST

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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

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RW

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215 ST

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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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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

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LV D

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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

SEARCH ONLINE ypnexthome.ca

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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dows Mea dale k r la C . d Blvd rlton erwoo Cha Way Summ

4

2

Lakeland Dr. 1

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Baseline Rd.

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.

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.

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144 Av e.

M Fo ANNIN GF rt WY. Rd .

34 St.

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22 St.

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1675Ave.

82 St.

97 St.

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160 Ave . e v A 153

195 Ave.

4

91 St. 1

8 ALTIUS CY BECKER

BY STREETSIDE DEVELOPMENTS

165 Cy Becker Blvd.

SEARCH ONLINE ypnexthome.ca

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

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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

SEARCH ONLINE ypnexthome.ca

42 YPNEXTHOME.CA

St. Albert ros e Dr.

Keil lor Dr.

Sturg eon Rd .

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Boudreau Rd. Campbell Rd.

. ve lA l i h urc Ch

170 St. Gerva is

184 St.

Levasseur Rd.

MAP LISTINGS

Bo

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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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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.

.

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Kin

ay

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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

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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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9 2 1 6 5

100 St.

104 Ave.

yA ve .

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107 Ave.

4

11

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KINNARD RAVINE

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95 S

12

104 Ave.

Kin

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97 St

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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

SEARCH ONLINE ypnexthome.ca

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

SEARCH ONLINE ypnexthome.ca

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

CONDOS

TOWNHOMES

ONE BEDROOM CONDO STARTING FROM $180’S

TWO BEDROOM TOWNHOME STARTING FROM $270’S

STONEHAVENCONDOS.CA

THEVWL.CA

GRAND OPENING SEPTEMBER 17 Located just South of Ellerslie Road at 812 Welsh Dr

MAKE YOUR HOME A

masterpiece

WNHOMES • FIRST HOME • BEARSPAW CROSSING • KERNOHAN • LAUREL LANDING • VILLAGE AT WALKER LAKES • TOWNHOMES • FIRST HO

CHOOSE YOUR PLACE 1

BEARSPAW CROSSING STARTING FROM LOW $300’s

2

KERNOHAN RAVINES STARTING FROM LOW $280’s

| 3 bedroom townhomes | 1250 - 1428 sq ft | Free condos fees for a year | Free Telus TV & Internet for a year | Part of the First Place Program

| 3 bedroom townhomes | 1314 sq ft | Free Telus TV & Internet for a year | Part of the First Place Program

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

VILLAGE AT WALKER LAKES STARTING FROM $270’s

| 2 - 3 bedroom townhomes | 1133 - 1268 sq ft | Free condos fees for a year

| 2 - 3 bedroom townhomes | 1290 - 1790 sq ft | Free condo fees for a year | Free Telus TV & Internet for a year

CALL: 780-702-3120 VISIT: 2215 - 24 St NW www.LaurelLanding.ca

CALL: 780-701-3078 VISIT: 804 Welsh Dr SW www.theVWL.ca

Private, attached garages, designer interior finishes, and sprawling 3-storey floor plans...

Save up to

$10,000 on fall possessions

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

Y WA

142 AVE

23 AVE NW

TA

ANTHONY HENDAY DR

CUMBER L AND R D

E

ANTHONY HENDAY DR

BLVD NW

NOW SELLING in 6 unbeatable locations

TAMARACK