JAN 1 - 29, 2016 VOLUME 24, ISSUE 1, FREE
EDMONTON EDITION
Fox One now complete Fox Two under construction Occupancy summer 2017
At 33 storeys, Fox Two is the taller of the two towers, and is situated at the corner of 102 Avenue and the 104 Street Promenade — downtown Edmonton’s best location. See our ad inside for full details or visit
WWW.FOXTOWERS.CA
INSIDE THIS ISSUE
THE GREAT INTEREST RATE ADVANTAGE FOR HOMEBUYERS
NEIGHBOURHOOD PROFILE ON THE GARNEAU
OTTAWA TO RAISE DOWN PAYMENT REQUIREMENTS
s a ir stm
on s en t s ri
Ch
h C
with
PROMOTION ENDS JANUARY 15
IT’S BEGINNING TO LOOK A LOT LIKE CHRISTMAS
River’s Edge Villas
in our three exquisite showhomes in River’s Edge and one in Lacombe Park. Visit one today and witness the luxury of a Christenson home for yourself.
Villas at Lacombe Park
Also, when you purchase a home in any of our communities by January 15, 2016 you’ll receive your choice of either up to $20,000 in upgrades* or a first class trip to 1 of 3 destinations. Jingle all the way, whatever you do. That’s our gift to you! Merry Christmas from Christenson! Showhome Hours: Monday to Thursday 1-6 pm Saturday and Sunday 1-5pm *Does not apply to Southwoods Village or Village at Westmount.
3090 Cameron Heights Way, Edmonton Phone (Sales): 780-554-8342 36, 88 Lacombe Drive, St. Albert Phone (Sales): 780-903-2465 Eton Park and Reflections 5001 Eton Blvd, Sherwood Park Phone (Sales): 780- 410-0004 Southwoods Village 9472 – 65 Avenue, Edmonton Phone (Sales): 780-975-2509 Village at Westmount Westmount Shopping Centre, next to Smitty’s, Edmonton Phone (Sales): 780-452-2030
More Time • More Choice • More Freedom
ETON PARK ESTAT ESTATES TA TAT
REFLECTIONS
Located in the urban village villag of Emerald Hills, Sherwood Park 780.410.0004 • Granite counter-tops, sta stainless steel appliances, air condition conditioning, 9’ ceilings • Underground parking, e extra stalls available
Located in Centre in the Park, Sherwood Park 780.410.0004 • Granite counter-tops, stainless steel appliances, air conditioning, 9’ ceilings • Underground parking
SOUTHWOODS VILLAGE
VILLAGE AT WESTMOUNT
Luxury Retirement Living Hazeldean, Edmonton 780.975.2509 • In-suite laundry, air conditioning, family party room • 2 Bdrm coach homes available
Luxury Retirement Living, Edmonton 780.452.2030 • Steel & concrete construction, in-suite laundry, full kitchens, air conditioning • 1 Bdrm and 2 Bdrm suites available
ED CK DE THE S LL HA
ED CK DE THE S LL HA
VILLAS AT LACOMBE PARK
RIVERS EDGE VILLAS
Beautifully appointed adult bungalows, St. Albert 780.903.2465 • Finished basements, 6 appliances, hardwood and ceramic floors • Spacious floorplans, GST included
Adult bungalows located in Cameron Heights, Edmonton 780.554.8342 • Finished basements, 6 appliances, hardwood and ceramic floors • Spacious floorplans, GST included
CDLhomes.com
SU NE W SN N IT U E O O W S PG W 窶ｦ A R SH N VA A D O O ILA E D V M B EL O L LI RE E N G !!! !
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VIP Life 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.
ONLY 20% REMAINING窶ｦ HURRY IN FOR AMAZING PRICES!!
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IMMEDIATE POSSESSIONS AVAILABLE
Karen@abbeylanehomes.com 2045 Grantham Court 4窶ズPNEXTHOME.CA
yourself and live the VIP Life.
780.974.4757 S O L A R A L I V I N G . CA
2 NEW SHOWSUITES NOW OPEN! SPACIOUS CONDOS FROM THE LOW $200s
VISIT OUR SALES CENTRE
FREE UPGRADES!
145 Ave. 127 St.
• Granite counters throughout • Full laminate flooring • Ceramic tile in kitchen, bathrooms & laundry
12650-142 Ave 142 Ave.
N
Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm Closed Fridays
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
SHERWOOD PARK 2 BED/2 BATH CONDOS FROM
$250s
• Spacious layouts from 847 to 1014 sqft • Granite countertops throughout • Spacious food prep island with eating bar • Stained maple cabinets with brushed nickel hardware • Porcelain tile in kitchen, entrance, baths & laundry • Fitness room with select equipment
AP
Road eG
ridg
Axb
land
e Lak
Road
Abbey
ate
e Driv
Clove r Bar
Sherwood Drive
Highway 16 (Yellowhead)
SHERWOOD PARK
N
MON-THURS: 3-7PM SAT, SUN & HOLIDAYS: 1-5PM
aspenparkliving.ca 587.269.2012
2 AUGUSTINE CRESCENT
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
thequaycondos.ca
Luxury Views. Luxury Suites. Luxury Lifestyle.
Condos from $220s. Suites from 700-1500 sqft. Granite Counters Throughout Stainless Steel Kitchen Appliances Porcelain Tile Floors In Kitchen, Bathrooms, Laundry & Foyer Laminate Floors In Living Room, Dining Room & Bedrooms In-Floor Heating With Temperature Control Heated Underground Parking With Car Wash Bay
EXTERIOR FRAMING WELL UNDERWAY ONLY TWO 1-BEDS LEFT FACING THE POND! Southwest Edmonton
He nd ay
Rabbit Hill Rd
An th on y
h r ut ga Sowille r Te
Te rw ille ga rD r
23 Ave
Mon-Thurs: 3-7 pm Sat, Sun & Holidays: 1-5 pm Closed Fridays
587.524.0259 Note: There are 2 Rabbit Hill Rd & South Terwillegar intersections. The Quay is located at the north intersection.
N 7021 South Terwillegar Drive
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
8窶ズPNEXTHOME.CA
SAVE $20,000
Construction Pricing Event
MO Und VE er C IN on TH stru IS cti SP on RIN G!
starting price:
$325,302
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promotional price inculdes lot & gst
Our double detatched garage townhomes, feature 2 and 3 bedroom plans from 1,166 to 1,440 sq.ft.
Contact us 780.638.5873 creekwood@averton.ca
No w
Un
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starting price:
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on
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These open concept 2 and 3 bedroom townhomes range from 1,166 to 1,440 sq.ft.
Contact us 780.638.0176
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ric
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Contact us 780.701.7296
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See sales representative for details. Promotion ends 31/01/16. Prices and specifications are subject to change without notice. E. & O.E.
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 9
COMING SOON TO GLENORA
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n a m d n a S . r M D rea a u o ht Y g u o r B
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Grande Design lets you have it all with chic, modern designs and traditional, quality craftsmanship.
Visit PrincetonCourt.ca for more information.
Sherwood Park | 301 Palisades Way
Modern Homes. Classic Values. CALL KATIE AT
780-708-2989 *Prices subject to change
NO LAND PAYMENTS UNTIL 2021
With the First Place Program, land payments are deferred for 5 years. Visit us at Kernohan Ravines or Bearspaw Crossing for more information.
BEARSPAW CROSSING
KERNOHAN RAVINES
| 3 bedroom townhomes | 1250 - 1428 sq ft | Free condos fees for a year | Free Telus TV & Internet for a year
| 3 bedroom townhomes | 1314 sq ft | Free Telus TV & Internet for a year
CALL: 780-702-3124 VISIT: 1508 - 105 St NW
CALL: 780-702-8360 VISIT: 415 Clareview Rd NW
STARTING AT $308,000
STARTING AT $284,000
* Some conditions may apply.
it’s what’s inside
LandmarkHomes.ca
WE’LL PAY YOUR CONDO FEES * FOR A YEAR ! Never shovel snow or cut the grass again, get your low maintenance lifestyle with a Landmark Townhome.
LAUREL LANDING
VILLAGE AT WALKER LAKES
STARTING AT $298,000’s
STARTING AT $270,000’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
* Subject to change without notice.
it’s what’s inside
LandmarkHomes.ca
contents JAN 1 - 29, 2016 | VOLUME 24 ISSUE 1
28 trending
21 buyers’ resources
16
Web Directory
57
Mortgage Rates
in every issue
17
Editors’ Note
28 Neighbourhood Profile
21
Averton Homes The Home Store helps buyers select new home finishes
50 Homebuying Ottawa to raise down payment requirement by Wayne Karl
district maps 023 Downtown 027 South Central 031 West 035 Spruce Grove 037 South West
58 What’s Online
041 South East
advice
043 Sherwood Park
34 Fundamentally Speaking
047 Beaumont
Planning to buy a condo? Walk a little, to save a lot by Wayne Karl
42 CHBA - Alberta
The great rate advantage for homebuyers by Jim Rivait
46 Design Secrets
Know when to follow the floorplan or create your own by Jane Lockhart
14 YPNEXTHOME.CA
049 Leduc 051 North East 053 Fort Saskatchewan 054 St. Albert 055 North West
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani SALES MANAGER, ALBERTA
JAN 1 - 29, 2016 VOLUME 24, ISSUE 1, FREE
Shelley Balla ART DIRECTOR
Megan Pike EDITOR
ON THE COVER
24
EDMONTON EDITION
Fox One now complete Fox Two under construction Occupancy summer 2017
At 33 storeys, Fox Two is the taller of the two towers, and is situated at the corner of 102 Avenue and the 104 Street Promenade — downtown Edmonton’s best location. See our ad inside for full details or visit
WWW.FOXTOWERS.CA
Fox Towers
Fox One now complete, Two under construction
Wayne Karl Lydia McNutt (on leave) CONTRIBUTING EDITORS
Wayne Karl, Sara Duck (on leave) Elisa Krovblit DESIGN EDITOR
Yanic Simard
SALES REPRESENTATIVES
Shelley Balla 587.784.4044 Nancy Chemait 780.619.3241 Natalie Houghton 587.226.1313
NATIONAL CIRCULATION MANAGER
John Jenkins INSIDE THIS ISSUE
THE GREAT INTEREST RATE ADVANTAGE FOR HOMEBUYERS
NEIGHBOURHOOD PROFILE ON THE GARNEAU
OTTAWA TO RAISE DOWN PAYMENT REQUIREMENTS
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Hannah Yarkony 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.
46
CIRCULATION Free distribution in select high-
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.
+ online NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
34
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.
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 15
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
16 YPNEXTHOME.CA
Editors' Notes
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXPLORE GARNEAU
TAKE A TOUR ONLINE ypnexthome.ca/garneau
Smaller households, smaller homes Canadian households are shrinking, according to Statistics Canada data. Seven decades ago, the average household consisted of 4.3 people; by 2011, the average size had dropped to 2.5 people per household. While the majority of Canadian homes over the last century were built to support larger families, nowadays one or two people make up the majority of households. This is why condominium living have become increasingly popular.
The impact of smaller families on the Canadian housing market has been significant, spurring a dramatic change in the types of homes and apartments being constructed. The introduction of townhomes, lofts and condominiums is effectively servicing smaller families and singles who need homes and nearby amenities. While larger homes are still a need for some, the next time you see another crane in the air keep this new demographic dynamic in mind.
Protect yourself from the chill
WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social
The move was intended to mostly impart a slight cooling on Canada’s hottest and most expensive real estate markets – Toronto and Vancouver. But the federal government’s recent decision to raise the down payment requirement for new insured mortgages from five per cent to 10 per cent for the portion of the house price above $500,000, could well have other unintended consequences. In particular, Edmonton is among those markets that these new rules
could inflict additional cooling upon, at a time when conditions are already chilly enough. Prospective buyers have a few choices: buy before the new rules take effect Feb. 15, 2016; find a way to increase your down payment; or look at properties of less than $500,000. Find a way to protect yourself from this additional chill, until later in 2016 and 2017 when the Edmonton economy and housing market is expected to begin warming up.
Interact with us on social media: ypnexthome
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 17
Happy New Year from all of us at Park Homes! parkhomes.ca follow us on
and
Only 4 Award Winning Town Homes Left at Close-Out Pricing! • Attached two-car garages • Gourmet kitchens with quartz countertops • 2015 Canadian Home Builders ‘Award of Excellence in Housing’
TE EDIA N M IM SIO SES S O P
• Nine foot ceilings on the main floor
Prices starting from the $270’s incl. GST
Telephone: 780.809.8580 atria.parkhomes.ca UN BE VA ATA LU BLE E
Craftsman Inspired Town Homes in Thriving South Edmonton
H WIT S E HOM VIEWS E LAK
• Open plan main floors with 9’ ceilings and high-quality kitchens • Attached two-car garages • Your own Lounge & Fitness Centre
• Choice of three designer selected colour schemes
Prices starting from the $250’s incl. GST
Looking for a condo? We have 3 left at close-out pricing!
50 St
66 St
ANTHONY HENDAY
N
WATT
ELLERSLIE RD
Telephone: 780.701.5616 southernsprings.parkhomes.ca Park Homes Presentation Centres and Show Homes are open: Mon to Thurs: 3 – 8pm / Weekends: Noon – 5pm. Closed Friday
Happy New Year from all of us at Park Homes! parkhomes.ca follow us on
and
Own your Own Home for as Low as $1,250 per Month! • Attached two-car garages • Gourmet kitchens with quartz countertops • Warm laminate flooring
ES HOM W N SHO OPE W O N
• Nine foot ceilings on the main floor • Award winning design – show homes open October
From the $260’s incl. GST
CRYSTALLINA NERA
Telephone: 780.472.7544 topaz.parkhomes.ca
ER UND CTION U STR CON
Park Homes Award Winning Style Comes to Fort Saskatchewan • Extra length two-car garage • Gourmet kitchens with five appliances • Contemporary laminate flooring
• Nine foot ceilings on the main floor
Pre-construction prices starting from the $280’s incl. GST
Telephone: 780.809.8589 clio.parkhomes.ca Park Homes Presentation Centres and Show Homes are open: Mon to Thurs: 3 – 8pm / Weekends: Noon – 5pm. Closed Friday Clio Presentation Centre Open: Wed: 3 – 8pm / Saturday: Noon – 5pm.
Welcome to 2016
Intelligence House is beginning the new year with a
That said, the net economic outcome of 2016’s labour market (real GDP) is expected to outpace 2015 levels, which will encourage stronger household income growth. In turn, annual resale housing transactions in the province are expected to reach similar levels as experienced in 2015, keeping housing prices in this market marginally higher on average.
general review of how economic experts expect key provincial indicators to perform throughout 2016. For this exercise, we’ve studied the comprehensive survey of provincial outlooks published by the Alberta Treasury Board and Finance, in conjunction with their most recent provincial budget, as well as the Canada Mortgage and Housing Corporation’s winter outlook for Alberta’s
Provincial new housing starts are, however, expected to contract as the market for new homes focuses more on selling current constructing inventory. This will help relieve any downward price pressure that might otherwise occur if the level of unsold completed new homes were to increase.
housing market. In general, today’s provincial outlooks call for moderate economic performance under the expectation that the price of oil will average marginally higher in 2016 by comparison to those experienced prior to 2015. This
The table below provides a summary of the forecasts reviewed in the above interpretation.
expectation is different from the general expectation issued last January when many economists assumed oil prices would grow consistently throughout 2015
Intelligence House reminds the reader that this outlook is for the province as a whole, and does not apply to every provincial community equally – as some communities are poised to perform much better than others by a similar analysis.
and 2016. With this new scenario, a new reality has set in and the expectation for Alberta’s labour markets and corresponding net migration levels in 2016 are in general, moderate.
Alberta Economic Outlook Summary for 2016 2016 f
2014
2015 (est)
2016 f
(Low to High)
*West Texas Intermediate Oil $US
$96
$50
$57*
$54 - $75
*Alberta Real GDP Growth
4.8
-1
1.5*
0.9 - 1.4
*Employment Growth
2.2
1
0.5*
0.1 - 1.1
*Unemployment Rate
4.7
5.7
5.7*
5.3 - 6.5
*Primary Household Income Growth
6.8
2.5
2.8*
3.1 - 3.8
Net Migration (June - June)
42
23.4
27.2*
na
Resale Housing Transactions
71,733
57,500
58,600**
na
5.2
-2.6
0.4**
na
New Housing Starts
Resale Housing Price Growth
40,590
37,200
29,800**
na
Year-End Housing Units Under Construction
33,706
33,141
na
na
*Alberta Treasury Board and Finance Average and Range of Outlook Survey (Oct 2015) **CMHC Housing Market Outlook for Canadian Prairie Regions (Nov 2015).
Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales / leasing services for the real estate industry. 20 YPNEXTHOME.CA
intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk
FOLLOW US ON
Trending
Averton opens Home Store Buyers can see, feel and choose new home finishes AVERTON IS REDEFINING the new-home buying experience. The
company’s brand new Home Store provides buyers with the opportunity to choose, feel and play with all the potential finishes of your home. The Home Store, designed with you in mind, is stocked with interior selections to reflect every taste. Averton’s interior designer will guide
you through the process of designing every inch your new home. The Home Store will also allow you to connect with the Averton sales team. Together, you can learn more about each of our communities to determine the best location and home model for your family. With unexpected luxury features and lifeenhancing layouts, every detail of an Averton home is created with the highest regard for design integrity and value. From townhomes in the low $300’s to breathtaking custom estates of more than $1 million, Averton has a home designed for you. With no appointments needed, the Home Store is conveniently located in The Enjoy Centre. Open daily noon to 5 p.m. Contact: 780.638.0173 homestore@averton.ca
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 21
HAPPY
holidays!
The end of a year brings reflection on the past, and the arrival of a new year brings dreams and opportunities. We thank you, our readers, for your continued support as we strive to bring you the best that the industry has to offer. We thank you, our advertising customers, for your patronage and continued loyalty to the magazine.
BEST WISHES IN YOUR HOME HUNT! FROM ALL OF US HERE AT
22窶ズPNEXTHOME.CA
Downtown Edmonton 118 Ave. 112 Ave.
102 Ave.
10
8
9 Jasper Ave. 100 Ave.
106 St.
Victoria Park Rd. Rive r Va lley Rd
3 97 Ave.
.
82 St.
d lan
w Ro
.
Rd
St.
11 14 2 1 6 5 7
92
104 Ave.
yA ve .
100 St.
107 Ave.
4
wa
101 St.
116 St.
13
109 St.
127 St.
142 St.
144 St.
12
gs
KINNARD RAVINE
t. 95 S
104 Ave.
Kin
. 97 St
124 St.
111 Ave.
105 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
11 QUEST
BY WESTRICH PACIFIC
BY WESTRICH PACIFIC
BY REGENCY DEVELOPMENTS
10244 - 103rd Street
103 St. & 102 Ave.
Corner of 104 Ave. & 105 St.
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
10126 – 144 Street 9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS
111 St. & Jasper Ave.
12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS
10523 - 123 St. 13 INFINITI ON 105 BY MCLEOD PROJECT MARKETING
105 Street, west of 117 Ave. 14 THE LEGENDS BY WAM
10 PEARL BY REGENCY DEVELOPMENTS
104 Ave. & 102 St.
Jasper Avenue & 119 Street.
SEARCH ONLINE ypnexthome.ca
DOWNTOWN EDMONTON Call Riley 780.705.1350
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $165,900 Please see our ad between pages 18 and 19
10604 – 116 Street NW
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 23
Summer 2017 Occupancy
Fox One now complete and sold out Fox Two progressing quickly, select units available • 2 and 3 bedroom units still available starting in the low $400,000’s • 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 • Efficient, well-designed floorplans to maximize living areas
The completed Fox One, and construction progress 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. 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.
• 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 Sales Centre on-site at the northwest corner of 102 Ave. and 104 St.
www.foxtowers.ca | 780.425.0369 JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 25
ONLY
10
UNITS LEFT
Go ahead...get closer. Luxury living on the verge of downtown.
luxury
G ROVENOR M A N O R Cut From A DiFFerent Cloth
To book an appointment call:
780.982.2109
www.grovenormanor.com
Visit our SALES CENTRE for full details: 10126 -144 Street 26 YPNEXTHOME.CA
1st year’s condo payments on us!
South Central Edmonton North Saskatchewan River
Whyte - 82 Ave.8 76 Ave.
6 1 3
84 St.
Co nn or s 2 Rd.
7
75 St.
85 St.
9
90 Ave. 83 St.
103 St.
104 St.
. n Dr ewa atch k s a S
95 Ave. 92 St.
105 ST BRIDGE
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
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 PELI AT SCONA BY PELI GROUP OF COMPANIES
8028 101 Street
4 THE UNIVERSITY BROWNSTONES BY TESSCO
108 St. & 71 Ave. 5 LUMIERE BY INFINITI DEVELOPMENTS
10836-85 Ave. 6 THE ADDISON BY PK DEVELOPMENTS
7 CASCADE CONDOS BY PK DEVELOPMENTS
9008 85 Avenue 8 STUDIO OFF WHYTE BY I4 PROPERTY GROUP
104th St & 81st Ave 9 STUDIO ON THE HILL BY I4 PROPERTY GROUP
9859 – 90th Ave
10024-83 Ave.
SEARCH ONLINE ypnexthome.ca
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 27
Neighbourhood Profile
Garneau New condos finding a home among the history By Amy Hancock
Fast facts Average household income
$61,266 Family structure
SINGLES
COUPLES
FAMILIES
51%
36%
13%
Own vs. rent
76%
RENTERS
MORE PHOTOS ONLINE
24%
ypnexthome.ca/garneau
OWNERS
THE GARNEAU IS one of the oldest neighbourhoods in Edmonton and is named after homesteader Laurent Garneau. Historical buildings and heritage homes share the treelined streets with new highrise condominiums, walk-up apartments and 1950s houses.
door to a house of transient university students. Young professionals and families with children live among residences for seniors and persons with disabilities. The neighbourhood culture is one of acceptance, helpfulness, consideration and community.
Lifestyle Life in The Garneau is enriched by life’s simple pleasures – recreation and a strong sense of community. Sunday afternoons are spent on cafe patios enjoying creatively prepared food and drink among friends and neighbours. Joggers are often seen departing the neighbourhood and cyclists congregate outside the bike shop, or moms sipping espresso while watching their children roam the playground. Residents love The Garneau – and it shows.
In the area The Garneau is known for its fancy coffee shops, award-winning restaurants, obscure craft beer pubs and eclectic shops. Although happy hour might feature a bargain priced specials, expect to pay a little more at establishments here. Prices range from average to above average, but business owners in this neighbourhood have proved that you’ll always get what you pay for, and they rarely disappoint.
Meet the neighbours Part of what makes The Garneau such a vibrant community is its diversity. Expect to find people who have lived in The Garneau for decades next
Planes, trains & automobiles Pedestrians rule in The Garneau. Those who live and work here can easily walk to all amenities, including shops, healthcare and community centres. The LRT and
Most common home type
Highrise Education levels
64% UNIVERSITY
25% HIGH SCHOOL
COLLEGE
SOURCE: ENVIRONICS
major bus routes run through the neighbourhood, making Whyte Avenue, downtown and Edmonton’s booming south side easily accessible. Commuters will find their way home from downtown easily across the High Level Bridge.
The Good, the bad & the rest The Garneau melts into the university grounds, is walking distance to anywhere on campus and is close to the University of Alberta Hospital. The historic Garneau School, for kids in kindergarten through Grade 6, is equipped with a playground and sports field. The City Arts Centre on 84th avenue offers programs for all ages.
Amy is a freelance writer and communications professional. Her insights and extensive familiarity with Edmonton make her a great guide for getting to know local communities.
28 YPNEXTHOME.CA
11%
SOUTH CENTRAL
PHASE II 85% SOLD OUT! 7 PREMIUM SUITES REMAIN 2 BED - 2 BATHS STARTING AT $314,900
15K UPGRADE PACKAGE INCLUDED FOR FREE
IMMEDIATE POSSESSIONS
CONSTRUCTION IS NOW COMPLETE
Developer pays GST on remaining units until Christmas. Save over $15,000 LIMITED TIME • Excellent location, close to U of A and Whyte Ave. • Spacious designs with 9 foot sprinklered ceilings • Upgraded appliance package and soundproofing • Beautiful central courtyard and glass elevators • Underground heated parking and 24 hour video monitored security • Backed by New Home Warranty
SHOW SUITE: 10811 72 AVENUE
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JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 29
ARE ALL INSULATIONS CREATED EQUAL? As the temperature outside gets lower, we all start to spend more time indoors. We assume that the great indoors will protect us from the cold weather outside. How well your home does this depends mostly on your building envelope; and it’s not quite as simple as you think. Your building envelope is your only line of defense against the weather outside. It’s a multi-layered system that, when done correctly, will protect you and your family from the elements for years. Your envelope is a complex interlocking structure of barriers (Weather, Moisture, Air and Vapor), insulation and framing. Now I could write on for quite a while on all of the components and their interactions, but I thought we’d just tackle one: insulation. Insulation is familiar to most of us, but the real ins and outs of it are not. We are told that R-value is the way to buy insulation and that higher is better. This is not necessarily the case. Let’s start with batt insulation. Batt has been a staple in the homebuilding industry for years. Your standard batt insulation is rated based on a perfect installation and a variety of other variables in place. A perfect installation means that all the edges are flush with the studs, nothing tucked in (this causes compression and reduces the effectiveness of the insulation); also anything else in the cavity has been cut around (this too avoids compression). Ask your builder to see a home at insulation stage and look for these signs of a less than perfect installation. Each mistake could potentially cost you money & comfort. Batt insulation is also subject to air infiltration which can make it lose a substantial amount of effectiveness. This is easily handled by a properly installed exterior air barrier, ask to see it. Properly installed air barriers are as monolithic as possible & joints should be taped. Even with all this done, batt insulation will lose some of its value at low temperatures due to convective loops of air moving within the insulation itself. Cellulose insulation has been around for years as well. It is primarily recycled newspaper with some additives to resist fire & mold. Cellulose is denser than batt insulation
and is less susceptible to the internal convective currents that affect batt insulation. It still requires a good exterior air barrier to help it retain its insulation value. Cellulose does have a tendency to compact. This reduces its insulation value. Both cellulose & batt insulation is subject to any kind of moisture reducing their effectiveness as well. Foam insulations are the latest newcomers to the insulation field. These come in two main types: board stock and spray applied. Foam insulation is also the most expensive of the insulations available. Board stock foam is quite common. We see this very often in exterior applications. Foam board insulation can help cellulose & batt perform better by providing a pretty decent air barrier while also reducing the effect of the internal convective currents. The issue with outboard foam is that some can also be a vapour barrier and can trap moisture within your walls causing mold & rot. This should be calculated out by a professional. Spray applied polyurethane is rising in popularity. We’ve all seen it on TV and that’s because it provides a high insulation value, seals the air out (which can be as much as 25% of your heating bill) and handle moisture very well. It is also the most expensive of all common insulations. As it becomes more popular, the cost is expected to drop. This is also a product that can be installed incorrectly. This product should only be installed by a certified technician. As you can see, there’s more to comfort than meets the eye. Discuss with your builder their process for ensuring you and your family are getting the comfort you deserve. Stay warm.
Dave Turnbull Area Sales Representative for Landmark Homes
Landmark Homes includes spray foam insulation in our attached and detached garage homes, duplexes and townhomes. At now extra cost to our customers. LandmarkHomes.ca it’s what’s inside
231 St.
West Edmonton Yellowhead Trail
WHITEMUD FWY.
199 St.
6
124 St.
QUESNELL BRIDGE
Callingwood Rd.
35 Ave
North Saskatchewan River
11 12
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
GROAT BRIDGE
142 St.
163 St.
149 St.
156 St.
178 St.
170 St.
7
87 Ave.
69 Ave.
4
MAP LISTINGS
9 2
159 St.
8 1
175 St.
Rosenthal Blvd.
102 Ave.
Stony Plain Rd. 100 Ave. 95 Ave.
182 St.
ANTHONY HENDAY
3
Stony Plain Rd.
107 Ave.
a en d. Bu ta R Vis
Winterburn Road (215 St.)
Secord 13 Blvd.
5 10
Ma yfie ld
Rd .
111 Ave.
5 JADE
9
BY CARRINGTON COMMUNITIES
1004 Rosenthal Blvd 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER BY QUALICO LIVING
GLENORA SKYLINE 10220 - 140 Street
10 RENEW IN ROSENTHAL BY DAYTONA
1 &2 8209-217 Street NW 11 THE PARC AT EDGEMONT 35 Ave & Edworthy Way 12 HAVEN TOWNHOMES
9820 165 Street
BY BROOKFIELD RESIDENTIAL
8 VIP AT CALIFORNIAN PARKLAND
7385 Edgemont Way 13 SECORD CHALET
BY ABBEY LANE HOMES
2035 Granthan Court
BY HOPEWELL
#5, 320 Secord Blvd
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WEST EDMONTON
Call Trent 780.426.1686
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $256,900 Please see our ad between pages 18 and 19
1004 ROSENTHAL BLVD
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 31
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!
Advice | FUNDAMENTALLY SPEAKING
Planning to buy a condo? Walk a little, to save a lot By Wayne Karl
MORE ADVICE ONLINE ypnexthome.ca/news/advice
IF YOU’RE PLANNING on buying a condo to live in or rent
out, here’s an important lesson: purchase prices and rents will be higher the closer you are to major transit hubs such as LRT stations. Sure, it’s convenient to be located adjacent to transit, but it’ll cost you. How much? We’ll get to that in a minute. But if you’re okay with a little walking between home and the station, you’ll also be in for significant savings. Andrew Scott, senior market analyst, housing markets and indicators, Canada Mortgage and Housing Corp. (CMHC), attaches some hard numbers to the concept. Using the Toronto new highrise condo market, for example, the average purchase price per square foot for buildings less than 500 metres walking distance to the subway is $632. For buyers willing to walk a little further, say between 500 and 999 metres, it would cost them $595 per square foot; $557 between 1,000 and 1,999 metres; and $492 beyond 2,000 metres. For renters, distance also pays – or costs, depending on how you look at it. Average rents for a two-bedroom apartment less than 500 metres from the subway are about $1,477. Between 501 and 1,000 metres, the rate drops to $1,280, and to $1,158 from 1,001 to 1,500 metres.
“Being close to the subway matters more for renters than buyers,” Scott told New Condo Guide. “Renters often have lower incomes than owners, and are younger as well. I don’t think it’s a huge leap in logic to presume that these households are more likely to value subway access since they are not able to afford, or do not want to own, a private car.” Proximity to transit as a key driver of real estate is not a new concept; we’ve long known that there’s a price to pay for access and convenience. “Distance is now measured in minutes, not kilometres,” is how the Real Estate Investment Network (REIN) sums it up transportation as one of the most dramatic catalysts for real estate growth. Generally, one of the attributes coveted by homebuyers is nearness to a city’s Central Business District (CBD). Access to good highway systems, mass transit and commuter rail is sought to afford easy access to the CBD. The basic theory in real estate is that the more attractive the location, the higher the value of the home. As the demand for homes in that area expands, the result is higher housing values. REIN has found that transportation projects will deliver a 10 to 20 per cent enhancement of real estate values in the regions most affected. If the market goes up everywhere, these areas will increase by about 10 to 20 per cent more. If the values drop, these will drop by 10 to 20 per cent less. The concept is not just a Canadian phenomenon. In studies of the effect of transportation improvements on real estate around the world, value increases occur for properties located within 500 to 800 metres of stations on new transportation lines.
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
34 YPNEXTHOME.CA
Spruce Grove MAP LISTINGS H
ar v e 3 Ridg st 4
eD
r
r ve D Gro est W
Vanderbilt Common 2 1
3
1 SILVERLEAF AT JUBILEE PARK 500 Grove Dr 2 CENTURION TOWNHOMES BY PK DEVELOPMENTS 20 Vanderbilt Common
3 EDGEWATER VILLAS BY LANG BUILT HOMES
Jennifer Heil Way
Just off of Harvest Ridge Dr 1
2
To Highway 16
Stony Plain MAP LISTINGS 1 BARTH & GOSSET MANOR BY JAFFER DEVELOPMENTS
Main St - 5211 50th St Highway 16A, To Edmonton
47 Ave.
48 St.
50 St.
52 Ave.
South Park Dr.
44 Ave.
Golf Course Rd.
1
46 St.
To Jasper
2 WESTERRA MANOR Golf Course Rd & 79 Avenue 3 WILLOWS END BY JAFFER DEVELOPMENTS
48 Street & Willow Park Rd
Fairway Dr. 55 Ave. Oatway Dr. 3
79 Ave.
2
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JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 35
New 2015 Annual Coming soon
On Now! Watch for it! OnStands Stands Now! October 2012
The stories behind Edmonton’s top builders, developers & new communities
36 YPNEXTHOME.CA
South West Edmonton 51 Ave.
105 St.
111 St.
119 St.
40 Ave.
SOUTH
WHITEMUD DR.
34 Ave.
Rabbit Hill Road
2
19
14 13
Ellerslie Road 141 St.
16
127 St.
17
21
22
7
23 8
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
Calgary Trail North QE II
104 St.
Belgravia Rd.
Lansdowne Dr.
Ter will ega rD r.
ay Dr. y Hend Anthon
North Saskatchewan River
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 VISTA POINTE IN CHAPPELE GARDENS 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
11 GROVE ON 25TH TOWNHOUSES IN THE ORCHARDS
12 CREEKWOOD LANDING BY CARLISLE GROUP
11804 - 22 Ave SW 13 E’SCAPES BY CARRINGTON COMMUNITIES
11080 Ellerslie Road 14 CROSSROADS OF RUTHERFORD BY STREETSIDE DEVELOPMENTS
1816 & 1820 Rutherford Dr 15 THE SIGNATURE
BY BROOKFIELD RESIDENTIAL
3305 Orchards Link SW
BY CARRINGTON
BY ROHIT COMMUNITIES
675 Allard Blvd SW
5151 Windermere Boulevard
BY ROHIT COMMUNITIES
16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 ALTIUS GRAYDON HILL BY STREETSIDE DEVELOPMENTS
1005 Graydon Hill 18 THE SANDS BY BROOKFIELD RESIDENTIAL
4050 Savaryn Dr 19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES) BY LANDMARK COMMUNITIES
7504 May Common
COMMUNITIES
4042 MacTaggart Dr 6 ALLARD TOWNHOMES
BY WESTRICH PACIFIC
16 GLENRIDDING HEIGHTS TOWNHOMES
20 SOUTH TERWILLEGAR BY PARK HOMES
4105 - 7323 South Terwillegar Dr. 21 LANGDALE TOWNHOMES BY ROHIT COMMUNITIES
704 176 Street SW 22 PIVOT RUTHERFORD BY AVERTON HOMES
Ellerslie Rd & 119 St 23 CREEKWOOD CHAPELLE BY AVERTON HOMES
28 Ave & 141 St 24 TRIUMPH AMBLESIDE BY STREETSIDE DEVELOPMENTS
1115 Armour Link SW
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SOUTHWEST EDMONTON Call Craig 587.520.6775
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $193,900 Please see our ad between pages 18 and 19
1144 Adamson Drive SW
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 37
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.
lion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes,
EXPECT THE UNEXPECTED AT the LEGER
38 YPNEXTHOME.CA
doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple. There are a handful of floorplans to choose from, and suites start under $300,000. Now selling and possessions start in Feb 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. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.
BRASS3.COM
BRASS III has an excellent reputation as a builder of choice in the Riverbend/Terwillegar area. They know the community, they know the amenities and residents, and they know how to build great projects (they’ve built over a dozen projects in the area to date). This is amplified at The Leger. The Leger’s 60 units range from two-bedroom, two-bathrooms, to two-bedroom plus den plus two bathrooms, and are between 1,250 and 1,550 sq ft. All units features nine-foot ceilings, premier finishings like hardwood and tile floors, granite countertops, seven appliances (stainless steel appliances in the kitchen) and oversized balconies. All homes are self-contained, too, with their own hot water tank and heating system, and in-suite laundry. The building will also have low condo fees because there are no common amenities in the building—other than the heated underground parking. Instead, resources are put toward towards elements like soundproofing and improved construction materials. The Leger is in a prime location, in the heart of Terwillegar. It is steps from the new multimil-
SUITE 106, 1550 SQ FT
DISCOVER THE
UNEXPECTED...
...DISCOVER
the LEGER
AN EXCITING NEW DEVELOPMENT BY
BRASS III LOCATED IN THE HEART OF TERWILLEGAR JUST STEPS TO REC CENTRE & TRANSIT STATION
NOW 70% SOLD
CONSTRUCTION HAS BEGUN Leger Blvd
Rabb
ay Leger W
TERWILLEGAR REC CENTRE
rR
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE FOR EXCLUSIVE UPDATES AND
Terwilleg
ar Dr
d
Leger Gate
ge
l Rd
it Hil
Le
ay rW
ge
Le
23 Ave
• Only 60 Suites • Choose from 2 Bedroom or 2 Bedroom + Den • Large suites ranging in size from 1255 to 1550 sq ft
PROMOTIONS: BRASS3.COM
SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL
780.918.0678 /
OFFICE
780.439.7000
39
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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.
CHARLESWORTH
Ellerslie Rd.
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.
REVV
6
WALKER LAKE LANDING
7
Corner of Welsh Dr. & Watt Blvd SE TAMARACK BY LANDMARK COMMUNITIES
655 Tamarack Rd.
AURORA BY MELCOR HOMES 1090 & 1092 Watt Promenade SW
BY CARLISLE DEVELOPMENTS
4
50 St.
9 6 10 2 11 7
91 St.
66 St.
Parsons Rd.
3
BY INFINITY HOMES 1480 Watt Drive
3
4
Anthony Henday Dr. 216
101 St.
MAP LISTINGS
30 St.
5
ELEMENTS AT WILLOWHAVEN BY CARRINGTON COMMUNITIES 5521- 7 Avenue SW
8
10
THE EDGE IN ELLERSLIE BY DAYTONA HOMES #44, 6520-2 Avenue SW
11
THE VILLAGE AT WALKER LAKES BY LANDMARK COMMUNITIES 804 Walsh Drive SW.
ASPEN MEADOWS BY LANDMARK URBAN LIVING
43A Ave. & 23 St.
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SOUTHEAST EDMONTON Call Amanda 780.761.3144
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $241,900 4008 Savaryn Drive SW
Please see our ad between pages 18 and 19
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 41
Advice | CHBA ALBERTA
The great rate advantage for homebuyers By Jim Rivait SOMETIMES, NO NEWS IS GOOD NEWS.
Interest rates don’t make news these days because the Bank of Canada has kept levels at near-records for months. That’s very good news for every Edmontonian with a mortgage or considering buying a home. Major financial institutions are offering five-year mortgages with fixed rates less than three per cent. That looks like a steal of a deal, compared to times when rates on the same term topped 15 per cent. Despite regular rumblings in the media about how higher interest rates could be just around the corner, most analysts don’t see any changes coming until the middle of 2017, and then any increases will be modest compared to historic standards. Even that possibility seems more remote with the Bank of Canada’s announcement on Dec. 8 that it is open to the possibility of lowering interest rates even more to stimulate the economy. This gives homebuyers an enormous opportunity to pay down debt and build their own net worth at a pace that would make previous generations green with envy. Mortgage rates are an especially important consideration for first-time homebuyers because debt levels are at their highest levels right after the purchase. Locking in low rates also takes a lot of the guesswork out of a budget because a major portion of the monthly expenses is set for a significant time period.
Low interest rates are one factor helping to sustain Edmonton’s resilient housing market even with lower oil prices. Construction of single-family homes has dipped from last year’s levels but it is important to keep in mind that 2014 was one of the strongest in Edmonton’s history and the highest total in seven years. Metro Edmonton is on track to finish this year with close to 6,000 new single-family homes under construction – which equals or betters the totals over most of the last six years. Each of those homes represents an investment decision by an Edmonton family that looked at the own financial prospects and opportunities in today’s less heated housing market. The advantages of new homes have also never been clearer. Carbon taxes coming to Alberta starting in 2017 will raise energy costs for all energy consumers – and that includes higher costs for home heating, hot water and electricity. Each generation of homes is more energy efficient thanks to building codes that continually push up standards. Besides lowering greenhouse gas emissions and fighting climate change, the energy efficiency of new homes will pay off for years to come through lower bills for natural gas and electricity. 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.
42 YPNEXTHOME.CA
Sherwood Park 6
7ay sW de
dows Mea dale k r la C 3 . d Blvd rlton erwoo Cha Way Summ
4
Lakeland Dr.
ver Bar Rd. Clo
Pa lisa
Hwy. 16
Jim Commo nD r.
Baseline Rd.
Beauvista Dr.
14
Wye Rd.
Sherwood Park Fwy.
.
Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
21 d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
Grana d
a
14X
Sherwood Dr.
Broadmoor Blvd.
5
2 1
1 SUMMERWOOD DUPLEXES
5 CENTRE IN THE PARK
BY ROHIT COMMUNITIES
BY CHRISTENSON COMMUNITIES
100 Axbridge Gate
2021 Sherwood Dr.
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 VILLAS
7 PRINCETON COURT
BY CHRISTENSON COMMUNITIES
BY GRANDE DESIGN HOMES
Emerald Hills Aspen Trail & Eton Blvd.
301 Palisades Way
4 LAKELAND RIDGE BY LANDMARK COMMUNITIES
219 Charlotte Way
SEARCH ONLINE ypnexthome.ca
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 43
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
Introducing
SALISBURY VILLAGE Executive Townhomes Only 20 homes available, reserve yours today! Located South of Wye Road, just West of Brentwood Boulevard Two luxurious townhome styles to choose from, featuring attached or detached garages. Two and three bedroom models available.
Exclusive pre-sale promotion, call Wende at 780.809.3935 for more information!
RohitCommunities.com
Know when to follow the floorplan and when to create your own! By Jane Lockhart
I HAVE NEVER been a fan of painting by numbers, so it’s logical to assume I have different ideas about how a new house should be laid out when designating function and furniture placement. Although you fell in love with your new space as soon as you saw the model and its flashy furniture, this doesn’t mean you can’t break the mold! When an architect designs a new
house or condo, they determine the purpose of each room and record this information on the floorplan. But once you have taken possession of your new home, room allocation is left to your discretion meaning sometimes you have to examine what makes sense for your lifestyle and your furniture choices regardless of the original floorplan. …continued on page 48
Room designed by Jane Lockhart | Principal Designer, Jane Lockhart Interior Design | janelockhart.com
46 YPNEXTHOME.CA
OFFICE BY GILLIAN JACKSON (GILLIANJACKSON.CA) COURTESY KYLEMORE COMMUNITIES (KYLEMORECOMMUNITIES.COM)
Advice | DESIGN SECRETS
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
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 47
MORE ADVICE ONLINE
KITCHEN BY JOHN HEINEMAN PHOTOGRAPHY (JOHNHEINEMANPHOTOGRAPHY.COM) COURTESY OF SORBARA GROUP OF COMPANIES (SORBARA.COM); NOOK BY BRANDON BARRÉ (BRANDONBARRE.COM)
ypnexthome.ca/news/advice
…continued from page 46
It’s key to note that if the floorplan doesn’t work for your way of life, don’t stick to it! One of the common changes we make in our clients’ homes is flipping the location of living and dining rooms. For many people they don’t use their dining room regularly so it doesn’t have to be as close to the kitchen as once assumed. Nowadays people sit at a breakfast bar or even on the living room furniture to eat and the dining table is used only for special occasions. With this change in lifestyle, the table need not have pride-of-place, but rather is nearby when needed. Another alteration we often make is re-utilizing a separate dining space as an office instead. This provides an active family a place to set up the kids’ computer, file important documents and install a desk or workstations for homework. With French doors often part of the original dining room plans, this provides noise reduction and privacy when needed for office use. For many families, the kitchen becomes the main eating area so the dining room is excess. Finding small nooks or unused areas of floorplans can provide excellent locations to include a small dressing area, a computer desk or even an additional closet. This is particularly true in condos where built-in niches provide excellent storage often not fully used, particularly when space is at a premium. In houses, adding additional kitchen cabinets to an empty wall can better utilize the space and
allow for a pantry, broom storage, a desk area or even a built-in eating bench with storage below. Other examples of simple changes in floorplans can be the inclusion or exclusion of full or half walls (as long as they are not weight bearing), additional closets and the placement of kitchen appliances. But remember, any large change that actually alters the structure of the floorplan will be open to builder charges so consider what makes sense for you and your family. Bottom line: Altering the use of a room or space to better reflect the needs of your lifestyle or departing from the suggested furniture layout will make your home more personal and better utilize your financial investment as you use the your home more effectively.
“Finding small nooks or unused areas of floorplans can provide excellent locations to include a small dressing area, a computer desk or even an additional closet.”
Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com
48 YPNEXTHOME.CA
lvd .
Leduc
50 Ave.
48 St.
2
50 St.
Grant MacEwan Blvd.
High way 2
rt B Bridgepo
Telford Lake
3
Black Gold Dr. Black Gold Dr.
Dr. Park South
St. 50
1
Hig hw ay
Rollyview Rd. 2A
Dr. Southfork 4 5
Simpkins Wynd
MAP LISTINGS
1 WINDROSE
5 THE RUSHES OF SOUTHFORK
3 ROYAL WEST HOMES 81 Acacia Circle
BY LANDMARK COMMUNITIES
61 Windrose Drive
BY HUNTER RESIDENTIAL DEVELOPMENTS
4 SOUTHFORK
2 THE SPRINGS AT BRIDGEPORT
BY JAYMAN MODUS
401 Southfork Drive
319 Southfork Dr
BY CHRISTENSON COMMUNITIES
102 Bridgeport Crossing
WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion. A great place to call home! POPULATION 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
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 49
Trending
Ottawa moves to raise minimum down payment requirement By Wayne Karl CALGARY, EDMONTON and other markets already experiencing a cooling are expected to be among the cities hardest hit by the federal government’s new minimum down payment requirement. Finance Minister Bill Morneau on Dec. 11 announced changes to the rules for government-backed mortgage insurance, intended to contain risks in the housing market, reduce taxpayer exposure and support long-term stability. Effective Feb. 15, 2016, the minimum down payment for new insured mortgages will increase from five per cent to 10 per cent for the portion of the house price above $500,000. The five-per-cent minimum down payment for properties up to $500,000 remains unchanged. The move represents a graduated approach to increasing the down payment requirement proportionally to the cost of a home. Canadians who already hold mortgages will not be affected by this announcement. “The government’s role in housing is to set and maintain a framework that is equitable, stable and sustainable,” Morneau says. “The actions taken today prudently address emerging vulnerabilities in certain housing markets, while not overburdening other regions. They also rebalance government support for the housing sector to promote long-term stability and balanced economic growth. “This measure will increase homeowner equity, which plays a key role in maintaining a stable and secure housing market and economy over the long term,” he adds. “It also protects all homeowners, including many middle class Canadians whose greatest investment is in their homes.” In making the announcement, Morneau also highlighted the increases in guarantee fees for Canada Mortgage and Housing Corp. (CMHC)-sponsored securitization programs, announced by CMHC. So, what might all this mean for consumers? For those in Calgary, Edmonton and even Victoria, BC, the move could have the unintended consequences of imparting additional cooling on already chilly markets. CIBC Deputy Chief Economist Benjamin Tal says the largest impact will be felt in Calgary, due to the large share of high-ratio mortgages. In this city, the new measures are estimated to impact about 10 per cent of new sales, while in Toronto the figure is five per cent; in Vancouver, just 2.5 per cent. Overall, the ramifications of the move should be fairly minimal. “It will only affect a small number of buyers,” James Laird, president of mortgage broker CanWise Financial, told New Condo Guide. “People in the affected group may need to rent a little bit longer until they save 50 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
the extra down payment required. They may still buy where they’re planning to by getting help from family. Or they may still buy right away, but buy a slightly smaller home than they were planning to.” The changes primarily target high-end homebuyers – “two young professionals earning pretty good incomes,” Laird adds. “They are purchasing in this $500,000 to $1 million bracket. “The other thing to think about is that it really shouldn’t affect non-first-time homebuyers. Presumably, they’d be selling their previous home to buy another home, and there’d be enough equity in their home.” Mortgage broker and wealth planner Calum Ross expects the new rules to cause a spike in activity before the deadline. “Unexpected changes to the market that make access to capital more difficult historically have had a significant short-term impact, followed by an adjustment,” he told New Condo Guide. “Expect market activity to go up substantially on homes priced between $500,000 and $1 million through until the deadline. Personally, the only surprise part of this announcement is why they didn’t do this sooner. The fact people were able to do five per cent down beyond $500,000 was ridiculous to begin with. Homeownership is a privilege, not a right.”
North East Edmonton 8 1675Ave.
Rd .
137
Fo rt
132 Ave.
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
22 St.
2 Hooke Rd. Hermita g YEL e Rd. LOW HEA DT RAI L 38 St.
127 Ave.
20 St.
137 Ave.
34 St.
87 St.
144 Av e.
151 Ave.
. Ave 144 6 3 Ave.
Victoria Tr.
7
M Fo ANNIN GF rt WY. Rd . 34 St.
9 50 St.
66 St.
82 St.
97 St.
. 160 Ave . e v A 153
195 Ave.
4
91 St. 1
104 Ave. North Saskatchewan River
5 ELEMENTS AT MCCONACHIE
BY PARK HOMES
70-8318 180 Ave.
9 CY BECKER DUPLEXES BY ROHIT COMMUNITIES
118 Cy Becker Blvd.
BY CARLISLE GROUP
167 Ave. & 53 Street
2 ELEMENTS AT HERMITAGE
10 ALTIUS CY BECKER
6 CLAREVIEW VISTAS
BY CARRINGTON COMMUNITIES
BY LANDMARK COMMUNITIES
1196 Hyndman Road
3625 144 Ave NW
3 SAVIDA
BY STREETSIDE DEVELOPMENTS
165 Cy Becker Blvd.
7 CASSELMAN LANDING
BY LANDMARK COMMUNITIES
3650 - 139 Avenue NW 4 NORTHSHORE
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
BY ROHIT COMMUNITIES
#1, 5203 - 149 Ave. 8 AIR HARBOUR/ALTITUDE BY ROYAL WEST HOMES
175 McConachie Dr.
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 $160’S 142 EBBERS BLVD NW JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 51
looking for a new home? It’s only a tap away.
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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 1 ERW NT SH MO TES TO & ED MINU 0 1
Hig hw ay
15
. 2 St
t. 82 S
Westpark Drive
e. ve. Av 95A A 94 We stp ark 84 St. Wo Blv od d. Clo sme se re
15
ve. 97 A
BR 17 K UD M ER TO HE IM
1
e. Av
St. 101
99
e. Av 99
ay hw Hig
rth No
1
er Riv an w e tch ska Sa
2
Wilshire Blvd.
MAP LISTINGS
1 ELEMENTS SENNA
2 CLIO
BY ROHIT COMMUNITIES
BY PARK HOMES
1 Santana Cres.
#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
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 53
St. Albert
54窶ズPNEXTHOME.CA
ros e Dr.
Keil lor Dr.
e. Poirier Av
Rd .
TO
tT r.
167 Ave.
ED
M
156 St.
St. Al be r
Boudreau Rd. Campbell Rd.
Dr. ins k t A Rd .
1 CITADEL VILLAGE
ON
TO N
2 BOTANICA
BY CHRISTENSON COMMUNITIES
BY BOUDREAU DEVELOPMENTS LTD.
St. Albert Trail & Ridge Drive
105 Bellerose Drive
SEARCH ONLINE ypnexthome.ca
ud re au
. ve lA l i h urc Ch
170 St. Gerva is
184 St.
Levasseur Rd.
MAP LISTINGS
Bo
Av e.
Ga te
n eo rg Stu
ton ins W Sir
er Riv
2 Sturg eon Rd .
ve. yA enn K c M
Kin gsw ood Blvd.
lle Be
Ro ad He be rt
. x Rd irou
ron Per
Lacombe Dr.
1 ert . St. Alb
G
Element Dr. Erin Rid ge Dr.
TO MORINVILLE
North West Edmonton City Boundary 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 .
yfi
111 Ave.
Ma
178 St.
184 St.
170 St.
199 St. 215 St.
156 St.
a whe 118 Ave.
o Yell
109 St.
lbe
He
15
5 135 St.
A St.
Dr
137 Ave.
nd ay
11 9
153 Ave. 6 14 1 10
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 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES
4450 McCrae Ave.
BY CONCEPT HOMES MASTER BUILDER
BY SLOKKER CANADA WEST
2570 Pegasus Blvd. 15 URBAN CENTURY BY FOURCHA GROUP
14705-125 Street
SEARCH ONLINE ypnexthome.ca
NORTHWEST EDMONTON Call Dina 780.760.2002
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $221,900 508 Griesbach Parade NW
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 55
NORTH WEST
56窶ズPNEXTHOME.CA
Buyers’ Resources | MORTGAGE RATES
Compare mortgage rates for your best deal CHARTERED BANKS
variable
6 months
1 year
2 years
3 years
4 years
5 years
ATB Financial
2.4500
4.0000
2.9400
2.6400
2.6400
2.7400
2.9400
Alterna Bank
2.5500
4.0000
2.8500
2.8500
2.5900
2.9400
2.6800
Alterna Savings
2.5500
4.0000
2.8500
2.8500
2.5900
2.9400
2.6800
Bank of Montreal
2.7000
4.0000
2.8900
2.8400
3.3900
3.8900
4.7400
Bank of Nova Scotia
2.7000
4.5500
3.2900
3.0900
3.3900
3.8900
4.4900
CIBC Mortgages
2.7000
3.1400
2.8400
2.7900
3.3900
4.0900
4.7900
Caisses Desjardins
2.7000
4.4000
3.1400
3.2400
3.3900
3.8900
4.7400
Canadian Western Bank
2.9000
4.0000
3.1400
3.0400
3.6500
4.2000
4.7400
Canadian Western Trust
2.9000
4.0000
3.1400
3.0400
3.6500
4.2000
4.7400
Comtech Credit Union
-
6.2000
2.7900
2.8900
2.9500
2.9900
2.6900
DUCA Financial Services
2.5000
-
3.0900
3.0000
2.9900
3.0900
2.7900
Effort Trust
-
4.4500
3.3500
3.5000
3.7000
4.3000
4.3500
Equitable Bank
-
-
3.1400
3.0400
3.6500
4.3900
4.6400 2.8400
First Calgary Financial
-
4.0000
2.8900
2.8900
3.3900
3.0900
First National Financial
2.4000
3.0000
2.2900
2.2400
2.4400
2.6400
2.7900
FirstOntario Credit Un.
2.7000
4.2400
2.6900
2.3500
2.3900
2.5900
2.7200
HSBC Bank Canada
2.7000
4.4500
3.1400
3.1400
3.5400
4.2400
4.7400
Home Trust Company
2.5000
3.9500
2.6900
2.2400
2.3900
2.5900
2.7400
ICICI Bank Canada
3.0500
-
3.1500
3.6500
3.6400
3.6900
3.6900
Investors Group Trust
2.7000
4.2000
3.1400
3.0900
3.3900
3.8900
4.7400
Laurentian Bank Canada
2.7000
4.4000
2.8900
2.8400
3.3900
3.8900
4.7400
League Svgs & Mortgage
-
4.0000
2.9900
2.6900
2.7900
2.8900
2.9900
Libro Credit Union
-
3.7500
2.8500
2.8500
2.8900
2.8900
2.8900
London Life
2.7000
4.2000
3.1400
3.0900
3.3900
3.8900
4.7400
Manulife Bank
2.4000
4.4500
3.0000
2.9400
2.8400
2.7900
2.7400
Manulife Trust
-
4.4500
3.0000
2.9400
2.8400
2.7900
2.7400
Meridian Credit Union
2.5000
4.0000
3.0900
3.0900
3.5500
2.4900
2.5900
National Bank
2.7000
4.4000
3.1400
3.0400
3.3900
3.8900
4.7400
PACE Savings & Credit Un
-
5.0000
2.8900
2.5900
3.3900
3.8900
4.6400
Parama Credit Union
2.6500
-
2.8000
2.8500
2.9500
3.0500
3.1500
Peace Hills Trust
-
4.5000
3.1500
3.5000
3.7500
3.8500
3.9500
President’s Choice Fin’l
2.7000
6.1900
3.1400
2.7900
3.3400
3.9900
4.4400
Rapport Credit Union
2.8500
6.0000
3.0900
3.0400
3.5000
3.0400
2.9900
Royal Bank of Canada
2.7000
3.1400
3.1400
3.0400
3.6500
4.3900
4.6400
Servus Credit Union
-
4.0000
2.8900
2.8400
3.3900
3.8900
4.6400
Steinbach Credit Union
-
-
2.4500
2.5500
2.5500
2.6500
2.6500
T-D Mortgage
2.7000
3.1400
2.8900
2.8400
3.3900
3.8900
4.6400
Tangerine
2.7000
-
3.1900
3.2400
3.4900
3.6900
3.7900
Windsor Family C.U.
-
4.4500
3.0000
3.0000
3.0500
3.0500
3.1000
Your Neighbourhood C.U.
-
-
2.7990
2.8900
3.0900
3.1500
3.1900
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator PREPARED BY CANNEX ON DECEMBER 11, 2015 AT 09:33:51 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved.
JANUARY 1 - 29, 2016 | NEW CONDO GUIDE 57
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LUXURY AT PRICES YOU CAN AFFORD
1025 SF I CITYSCAPE I CORNER UNITS 2 BEDROOMS 2 BATHROOMS UNDERGROUND PARKING INClUDED
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UP TO $10,000 IN UPGRADES INCLUDED POSSESSIONS AvAILAbLE NOw OR IN 30, 60 OR 90 DAYS!! CORNER UNITS NATURAL LIGHT - FILLED LIVING SPACES
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FOR MORE INFORMatION aNd shOwsuItE lOcatIONs VIsIt:
carlislegroup.ca NORth shOw suItE:
780.977.0616 23/09/2013 3:44:53 PM
sOuth shOw suItE:
780.438.6693
28
MAN
144 AVE
66 ST
137 AVE
RD
condos from
RT
IA TRAIL
$156,900
FO
113A ST CASTLE DOWNS RD
127 ST
142 ST
153 AVE
NO PROBLEM!
YELLOWHEAD TRAIL
Visit one of our condo show homes for more information 118 AVE on our Down Payment Savings Program.
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170 ST
111 AVE
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Y PLAIN RD
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66 ST
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2203 - 44 AVE NW
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ANTHONY HENDAY
STONEHAVEN
34 ST
50 S
66 S
91 ST
GATEWAY BLVD
RABBIT HILL RD
TE
RW
ILL
111 ST
EG
AR D
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T
DR
SOUTHGATE MALL
WHITEMUD DR
170 ST
WYE RD
condos from $170,000s