JAN 29 - FEB 26, 2016 VOLUME 24, ISSUE 2, FREE
EDMONTON EDITION
NOW SELLING
the LEGER SHOW SUITE NOW OPEN! QUICK POSSESSIONS
AN EXCITING NEW DEVELOPMENT LOCATED IN THE HEART OF TERWILLEGAR
INSIDE THIS ISSUE
MAKING THE RIGHT REAL ESTATE CHOICE FOR YOU
PREPARING FOR THE NEW DOWN PAYMENT RULES
BRASS III HOW TO D-I-Y AND SAVE ON YOUR NEW HOME
BATTLE OF THE
FINISHING
TOUCHES
SHOWHOME SHOWDOWN It’s a showdown between interior designers where you get to be the judge. Help Homeward Trust in ending homelessness by purchasing a passport for a $5.00 donation. Complete a passport to vote for your
#1, 3090, Cameron Heights Way
favourite design and enter our draw to win.
Showhome hours: Mon - Thurs 1 - 6 PM Weekends 1 - 5 PM Or by appointment 780.554.8342.
style bungalow community located in Cameron
River’s Edge Villas is an active adult living, duplex Heights that offers you style, comfort and peace of mind with luxurious finishes, urban amenities and year round maintenance services.
S T E NS IES
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RI
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VISIT OUR 3 SHOWHOMES TODAY!
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OME
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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.
Karen@abbeylanehomes.com 2045 Grantham Court 4窶ズPNEXTHOME.CA
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
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land
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Road
Abbey
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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 ONE 1-BED 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
Averton is reimagining modern homes with beautiful details, contemporary design and convenience like no other. No detail is too small to become a luxury addition to your home. With top of the line features and life-enhancing layouts, every Averton home is created with the highest regard for design integrity and value. From townhomes to breathtaking custom estates ranging from the low $300s to over $1 million, Averton has a home designed for you. Visit our website at averton.ca
averton.ca
111 St SW
119 St SW
127 St SW
t he
r fo
rd
15 Ave SW
Ru
Contemporary 2 to 4 bedroom townhomes ranging from 1,000 to over 2,000 sq feet. Spacious balconies and tree lined views at every turn. Premier designs, location and amenities.
Rd
Ellerslie Rd SW
1304 Rutherford Road Ellerslie Road & 119 Street
SALES CENTRE NOW OPEN
Townhomes ranging from the low $300s to over $600,000.
Call 780.701.1296 pivot@averton.ca
ap
D
rS
W 141 St SW
Ch
le el
Beautiful townhomes in the heart of Creekwood from 1,166 to 1,440 sq. ft. 41 Ave SW
MOVE IN TODAY!
2 and 3 bedroom townhomes from the $300s.
539 Chapelle Drive 28 Avenue & 141 Street
Call 780.638.5873 creekwood@averton.ca
Ra y G i b b o n s W a y
127 Ave NW 199 St NW
An
th
on
yH
en
da
y
Show Home opening February 27th! Townhomes from 1,166 to 1,440 sq ft. QUICK POSSESSIONS AVAILABLE
4003 Blackbird Link
2 and 3 bedroom townhomes from the $300s.
Visit our Home Store in the Enjoy Centre for more information.
Call 780.638.0176 starling@averton.ca
averton.ca
STARLING
Book Your Viewing Today!
TOWNHOMES FROM THE $280,000’s
CLOVER | Starting from $299,000 1295 sq ft | 2 or 3 Bedroom Uniquely designed townhome featuring a double car drive under garage, open concept floor plan, flex space on the second floor, and so much more.
EMERALD | Starting from $280,000 1263 sq ft | 2 Bedroom Cozy townhome featuring an open concept floor plan, functional main floor, single attached garage, large den, double master bedrooms and bathrooms.
FERN | Starting from $305,000 1524 sq ft | 2 or 3 Bedroom
coming soon
Spacious townhome featuring a 12’ by 38’ double car tandem garage, spacious main floor, second floor flex room, and a large master bedroom with a private ensuite. Viewings available soon.
To book your Clover or Emerald viewing and for more information, contact Pam Haymour 780.809.4515 Prices are current as of January 18, 2016 and are subject to change without notice.
RohitCommunities.com
at’s h t m o o R A Living ut – O r a F y l Tru
? g i D You From the $350’s*
6 EXECUT IVE TOWNHOM ES LE FT • •
Approximately 1700 sq.ft. developed living space (including basement) Oversized double garage
• • •
Hardwood floors Granite countertops Stainless steel appliances
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.
KERNOHAN RAVINES
BEARSPAW CROSSING
| 3 bedroom townhomes | 1314 sq ft | Free Telus TV & Internet for a year
| 3 bedroom townhomes | 1250 - 1428 sq ft | Free condos fees for a year | Free Telus TV & Internet for a year
STARTING AT $1,151 A MONTH *
CALL: 780-702-8360 VISIT: 415 Clareview Rd NW
STARTING AT $1,221* A MONTH
CALL: 780-702-3124 VISIT: 1508 - 105 St NW
it’s what’s inside
LandmarkHomes.ca
* Monthly mortgage amount based on 2.89% with a 5 year fixed rate and 25 year Amortization Period with 5% down payment. Monthly mortgage amounts include CMHC Insurance Premiums. Monthly mortgage amounts do not included property taxes or condo fees. Rates are subject to change. Some conditions may apply, visit the show home for details.
WE’LL PAY YOUR CONDO FEES * FOR A YEAR ! Never shovel snow or cut your grass again! Get your low maintenance, energy efficient, sustainably built, best dollar value townhome from Landmark. Then do the things you really want to do!
LAUREL LANDING
VILLAGE AT WALKER LAKES
STARTING AT $1,449* A MONTH
STARTING AT $1,265* A MONTH
CALL: 780-702-3120 VISIT: 2215 - 24 St NW www.LaurelLanding.ca
CALL: 780-701-3078 VISIT: 804 Welsh Dr SW www.theVWL.ca
| 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
it’s what’s inside
LandmarkHomes.ca
* Monthly mortgage amount based on 2.89% with a 5 year fixed rate and 25 year Amortization Period with 5% down payment. Monthly mortgage amounts include CMHC Insurance Premiums. Monthly mortgage amounts do not included property taxes or condo fees. Rates are subject to change. Some conditions may apply, visit the show home for details.
contents JAN 29 - FEB 26, 2016 | VOLUME 24 ISSUE 2
19
trending
19
Landmark Homes Landmark to build 64-unit, four-storey condo in 12 working days
30 Homebuying Preparing for the new down payment requirement by Wayne Karl
district maps 021 South West
32
buyers’ resources
advice
16
26 CHBA - Alberta
Web Directory
Making the right real estate choice for you
54 Mortgage Rates in every issue
17 53 57
32
031 Beaumont 033 Leduc 035 North East 037 Fort Saskatchewan 038 St. Albert
Design Secrets
039 North West
How to D-I-Y to save on your new home
Neighbourhood Profile
by Jane Lockhart
14 YPNEXTHOME.CA
027 Sherwood Park
by Jim Rivait
Editors’ Note
What’s Online
025 South East
50 Mortgage Advice
041 West 043 Spruce Grove
Are mortgage rates really on the rise?
045 Downtown
by Alyssa Richard
051 South Central
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani SALES MANAGER, ALBERTA
JAN 29 - FEB 26, 2016 VOLUME 24, ISSUE 2, FREE
Shelley Balla ART DIRECTOR
Megan Pike EDITOR
ON THE COVER
EDMONTON EDITION
NOW SELLING
the LEGER SHOW SUITE NOW OPEN! QUICK POSSESSIONS
22 The Leger
BRASS III
AN EXCITING NEW DEVELOPMENT LOCATED IN THE HEART OF TERWILLEGAR
INSIDE THIS ISSUE
MAKING THE RIGHT REAL ESTATE CHOICE FOR YOU
PREPARING FOR THE NEW DOWN PAYMENT RULES
Now selling – show suite now open
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
HOW TO D-I-Y AND SAVE ON YOUR NEW HOME
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.
26
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
53
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.
JAN 29 - FEB 26, 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
OLD STRATHCONA
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
TAKE A TOUR ONLINE ypnexthome.ca/old-strathcona
Our teamwork has you covered We are always looking for stories and news about real estate for our magazines and website. While the team here at New Condo Guide and YPNextHome.ca attends events across the country, we also have a team of talented freelance writers who help us cover all the bases. The team’s focus over the last 12 months has been profiling and collecting data, photos, videos and text for some of Canada’s top neighbourhoods so our readers and users can get an in-depth view at the local level. You’ll find data for almost 3,000 different neighbourhoods across the country that includes information about the type of
housing available and the people who live there. Check out one of our team member’s personal journey through a key neighbourhood in this issue. There’s plenty more to see online at YPNextHome.ca Check out our search tool online and discover new properties and neighbourhood details. It’s been an amazing experience to develop this content, and we’re thrilled with the results. New neighbourhoods are being added every week. Please let us know what you think – and if you have a favourite neighbourhood you’d like us to profile, drop us a line. We love hearing from you.
Relax, Edmonton, history is on your side
WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social
It would be foolish to pretend that all is rosey in Wild Rose Country. The economy and housing markets in Alberta are feeling the pinch of a prolonged slump in oil prices – plain and simple. It does no good to think otherwise. But, now more than ever, it pays to keep things in perspective. All the talk about Canada’s hottest real estate markets currently involves mostly Toronto and Vancouver. But would you believe, if we take this
discussion to a more historical level, Alberta, in fact, is a stellar performer? Indeed, according to data from ReMax, Edmonton is the top market in Canada in terms of annual rate of return over the last 20 years. Edmonton has yielded 6.64 per cent annually from 1996 to 2015. Those “hottest” markets of Toronto and Vancouver – 6.21 and 6.16 per cent, respectively. Relax, Edmonton, history is on your side.
Interact with us on social media: ypnexthome
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 17
Q FA UA MI LIF OF LY I YIN $4 NCO G 9,0 M 00 * E
CONDOS FROM $170,000s IN A PRIME SOUTHSIDE LOCATION NEXT TO A POND ELLERSLIE RD
66 ST SW
WATT BLVD SW 64 ST SW
WELSH DR SW
GET IN TOUCH TO LEARN MORE! 12 AVE SW 13 AVE SW
PROUDLY BUILT BY
VISIT 812 Welsh Drive SW CALL 780-701-3086 WEB StonehavenCondos.ca EMAIL stonehaven@landmarkgroup.ca
VISIT STONEHAVENCONDOS.CA TO LEARN ABOUT OUR PRECISION BUILDING SYSTEM.
it’s what’s inside
Trending
Landmark Homes to build a 64-unit, fourstorey condominium in 12 working days LANDMARK HOMES began construction on its latest condo project,
Stonehaven, on Jan. 11. In a remarkable 12 working days, the building will be framed, fully insulated, have siding installed and be complete with windows and doors. Landmark Homes pre-builds many elements of their homes in an indoor manufacturing facility, making on-site work take a fraction of the normal amount of time. This is the first time the company is applying these principles to a multi-storey condominium project. The benefits for the homeowner are many. The structure is precisionbuilt through the use of robotics and engineered lumber, making the “bones” of the building straight and sound. Additionally, spray foam insulation results in a tightly sealed building envelope that contributes to increased energy efficiency of the building. Michael Kopp, general manager for Landmark’s condominium division, says, “The timing was right for this project. We had lots of lead time and are excited that we could apply precision building techniques to a condominium build – a first for us.” “A traditional site built project would typically take 3.5 months for the structure alone. To complete it in 12 working days with a higher level of quality is really an accomplishment,” he adds. Not only does manufacturing translate to benefits for the customer, but also the environment. Through this innovative process, construction
waste and carbon emissions are significantly reduced, helping support Landmark’s pledge to Green building. “Landmark has a long-standing commitment to transform the way the industry builds homes and we are thrilled that Stonehaven will embody the qualities we have already integrated into our single-family homes and townhomes,” says Reza Nasseri, CEO of Landmark Group of Companies. “We have always pushed the envelope taking on the newest advancements in technology and energy efficiency whenever we can. Manufacturing and sustainability are always at the forefront of our minds and we constantly aim to improve in these areas. The first Stonehaven homeowners are expected to move in this summer. You can watch the building’s progress by visiting stonehavencondos.ca or by driving by the site located at 812 Welsh Drive SW.
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 19
Today’s “Buyer’s Market” Could Mean Timely Savings On A New Home
The Canadian Real Estate Association (CREA) is projecting that Alberta’s real estate market will favour buyers more in 2016 compared to 2015. Specifically, the CREA believes this year’s buyer will benefit from greater choice and, thus, more negotiating power on price. In January, Intelligence House (IH) noted media coverage on this situation as it pertains to the Edmonton regional resale market where active listings began this year up 66% over last year (+28% across the Calgary region). These media stories mentioned households who have recently reduced their asking price in order to sell their home faster in today’s “buyer’s market”. Stories like this highlight the interesting process by which this market will eventually find a new balance between initial listing prices and what buyers are willing to pay. Eventually, the prevailing motivations of this year’s sellers and buyers will bring the number of active resale listings back toward more historically sound levels, at which point any buyer advantages that exist today will begin to deplete. We believe the positioning of this process can be statistically tracked by watching how current active listings compare with a rolling seasonal average over five years (Edmonton and Calgary regions’ active listings were 45% and 54% above this average respectively, at the end of December 2015). Currently, buyers in the Edmonton or Calgary markets can rest easy as it remains a good time to buy! However, if you are considering purchasing a
new home later in 2016, hindsight may reveal that right now is the best time to buy. IH has come to expect new home builders to be more price flexible when inventories of unabsorbed housing (yet ready for occupancy) is high by historical reference amidst high levels of inventory in their regional resale markets. In December 2015, the total amount of new housing units ready for occupancy in the Edmonton and Calgary regions were 18% and 12% greater than their respective five-year rolling seasonal averages. IH believes these increases are more temporary, rather than long term. Unsurprisingly, we noticed a number of timely promotions being marketed in showhomes and sales centres across these markets in January that were specifically, and in some cases aggressively, designed to move units that were ready for or nearing occupancy (the remnants of which might be viewed throughout the pages of this publication). That said, the key descriptor of these promotions is “timely”, as many were tied to specific units or a specific number of sales in 2016. Regardless, these promotions signal that new home builders are taking action to reduce any negative price pressure that an overabundance of move-in-ready homes might have on their market throughout 2016 by addressing this situation at the beginning of the year. With all of this in mind, the fact remains that the level of choice for buyers has increased, along with their negotiation power. If a new home is on your radar, it may be wise to make that decision sooner rather than later.
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. Our Calgary office is now open!
intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk
FOLLOW US ON
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
SEARCH ONLINE ypnexthome.ca
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
JAN 29 - FEB 26, 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.
EXPECT THE UNEXPECTED AT the LEGER
22 YPNEXTHOME.CA
There are a handful of floorplans to choose from, and suites start under $300,000. 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
1500 SQ FT
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
DISCOVER THE
UNEXPECTED...
...DISCOVER
the LEGER
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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.
SEARCH ONLINE ypnexthome.ca
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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 25
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 new 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.
26 YPNEXTHOME.CA
Sherwood Park 7ay sW de
6 3
2
Lakeland Dr.
dows Mea dale k r la C . d Blvd rlton erwoo Cha Way Summ
4
ver Bar Rd. Clo
Pa lisa
Hwy. 16
Jim Commo nD r.
Baseline Rd. Sherwood Dr.
Broadmoor Blvd.
Beauvista Dr.
14
Wye Rd.
21
Sherwood Park Fwy.
.
Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
Grana d d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
5
a
14X
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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 27
next grad.
next resume.
next offer.
next job.
next commute.
When one thing, leads to another home.
Discover all your possibilities at
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!
Trending
Preparing for the new down payment requirement By Wayne Karl
FEB. 15, 2016 LOOMS large on the
mortgage landscape – that’s when the new down payment requirement kicks in for properties between $500,000 and $1 million. Federal Finance Minister Bill Morneau in December announced changes to the rules for governmentbacked mortgage insurance, intended to contain risks in the housing market, reduce taxpayer exposure and support long-term stability. Effective Feb. 15, the minimum down payment for new insured mortgages will increase from five 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. What does this mean for first-time homebuyers? Buying a house for less than $500,000? » The new down payment requirement will not affect you
For example, if you’re buying a property for $800,000, you would need to make a down payment of five per cent on the first $500,000 ($25,000) and 10 per cent on the remaining $300,000 ($30,000). This would be equal to a total down payment of $55,000, or 6.9 per cent of the total purchase price, or an increase of $15,000. Buying for more than $1 million? » The changes will not affect you. You’ll need a down payment of 20 per cent, before or after the change in regulations on Feb. 15 Regional markets to be impacted While the new down payment requirement was intended primarily to slow the housing markets in Toronto and Vancouver – where average home prices are $630,876 and $947,334, respectively – the impact could be felt most elsewhere. CIBC Deputy Chief Economist Benjamin Tal says Calgary will be hit hardest,
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. Spike in homebuying activity Toronto-based 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 Home Guide. Expect market activity to go up substantially on homes priced between $500,000 and $1 million through until the deadline.
Buying for between $500,000 and $1 million? You have four choices: » Buy before Feb. 15 to avoid the new requirement, to still be able to put down five per cent » Delay your purchase until you’ve saved the additional funds for the new, higher down payment » Somehow come up with the additional funds now, say, with help of the Bank of Mom and Dad, or » Buy a home that is priced at less than $500,000. Depending on the market you’re in, that could mean you’d then be looking at condo, instead of a lowrise home
30 YPNEXTHOME.CA
Existing eligibility rules
Eligibility rules as of Feb. 15, 2016
Home purchase price
Minimum down payment percentage
Minimum down payment amount
Minimum down payment percentage
Minimum down payment amount
Under $500,000 $600,000 $700,000 $800,000 $900,000 $999,000 $1 million and up
5% 5% 5% 5% 5% 5%
Up to $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $200,000 and up
5% 5.8% 6.4% 6.9% 7.2% 7.5%
Up to $25,000 $35,000 $45,000 $55,000 $65,000 $75,000 $200,000 and up
20%
MORE TRENDING ONLINE ypnexthome.ca/news
20%
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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 31
How to do-it-yourself and save money in your new home! By Jane Lockhart HAVING JUST PURCHASED a new home or condo, money may not be plentiful or at the very least, it may be tied up in your property. Having a new space to decorate on a budget may seem frightening, but knowing where to invest and when to fake it will help you get the maximum reach for your dollar. 窶ｦcontinued on page 34
Room designed by Jane Lockhart | Principal Designer, Jane Lockhart Interior Design | janelockhart.com
32窶ズPNEXTHOME.CA
JOHN HEINEMAN PHOTOGRAPHY (JOHNHEINEMANPHOTOGRAPHY.COM) COURTESY OF SORBARA GROUP OF COMPANIES (SORBARA.COM)
Inspiration | DESIGN SECRETS
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
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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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 33
The best way to create a custom rug at an economical price is to have it made from broadloom or a typical roll of carpet. If you select an end of roll or something that has been discontinued, you will see an even greater return on investment. Just measure the size you need and then go and see what matches at a local carpet retailer. Once you have selected a style, the store will bind the edges to create an area rug!
Window treatments When our clients purchase a new home from a previous homeowner, we sometimes suggest including the window treatments in the deal, leaving them one less thing to worry about until they get settled. Unfortunately, this is not something that can be done with a newly built home. There are a couple of options here to get immediate privacy without spending a fortune and waiting weeks, if not months, for custom window treatments to be ordered and installed.
Temporary shades For immediate privacy in your new home, you can get temporary shades from stores like Lowes or Home Depot. These come in 27-in. widths and have adhesive along the top. They are accordion in style and are simply affixed to the top inside of the window frame. The bottom is literally trimmed with scissors to the ideal length. You can use several of them in a row for a long window, and as they are made of paper, they can be cut to size width-wise as well. Once installed properly, they look like fabric to the untrained eye and give great privacy until you are prepared for a more permanent option. These come in an assortment of colours and the price range is approximately $7 to $45 per shade, depending on the style and colour.
Panels and tab drapery
…continued from page 32
Flooring It is always nice to have an area rug or carpet to add warmth to a room. This is particularly true over hardwood and tile. Large carpets can be very expensive, especially if ordered in large or custom sizes. Area rugs can be purchased in pre-made sizes such as five-by-seven-ft., six-by-nine-ft., eight-by-10-ft. and nine-by-11-ft. These sizes are fairly universal, but over the years, as homes have become more unique in size and shape, area carpets have needed wider size ranges to them.
Panel drapery is nice to have hung on either side of the window, and is a great option to pull across for added darkness. Again, if custom, these can be costly and take time. For a less custom look, but to provide some softness around the windows, purchase pre-made panels from Ikea, Urban Barn and Pottery Barn. These will suffice until you are ready to tackle custom-made drapes. One word of advice when hanging drapes: attach the rod to the wall above on the outside of the frame on either side. By attaching drapery hardware above the window, it makes the ceiling feel higher and creates a strong vertical feel. In the long run, we all want the best for our homes. Sometimes, that can take time when you are starting out, but smart decorating tricks can go a long way with a small budget.
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
34 YPNEXTHOME.CA
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.
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NORTHEAST EDMONTON | Call Jamie 780.705.9035
elementsbycarrington.ca Please see our ad between pages 50 and 51
CONDOS FROM THE $160’S 142 EBBERS BLVD NW JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 35
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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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 37
St. Albert
38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
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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
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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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 39
NORTH WEST
40窶ズPNEXTHOME.CA
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 $239,900 Please see our ad between pages 18 and 19
1004 ROSENTHAL BLVD
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 41
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
SEARCH ONLINE ypnexthome.ca
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 43
NEW ADULT VILLA PROJECT.... 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 four available park backing lots, two of which are walkouts, and two south backing lots still available. Our customers have recognized the value of this property and have already responded by securing 19 of the 26 Villas being offered. 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.
SHOW HOME AVAILABLE
Please call for more information 780.700.9225 | 780.722.6496 www.langbuilthomes.com
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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 45
DOWNTOWN
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 JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 47
ONLY
8
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
1st year's condo payments on us AND $2000 in free upgrades!
SOME ASSEMBLY REQUIRED There’s a new trend in the home building industry that has some people scratching their heads and saying, “Huh?” What I’m talking about is the emergence of prefabrication into the normal stream of housing construction. Some forward-thinking homebuilders are prefabricating some, or nearly all, of their new homes in an indoor facility. This really isn’t anything new – the modular home industry has been doing this for years. The difference now is to what degree of industrialization the factory employs. Some companies are building the home in the conventional way, just indoors, and some are even using precision machinery to put the home together. There are several types of prefabrication, but two main ones – modular construction and panelization. Modular construction should be familiar to most Albertans. These are fully-assembled homes trucked to site in one or more pieces. We see these moving along our highways quite regularly. These are complete homes (for the most part) that just require placing onto a foundation. This method is less common in the urban areas as moving a home of this type down the street in a subdivision is difficult and exterior elevation possibilities are limited. The other method is panelization. The panelization method has come over from Europe where it has been used successfully for many years. In this system, walls, floors and roofs are assembled as components in the factory. The components are then taken to site and assembled into a house, townhome, duplex or multistory condominium. This assembly process results in a home coming together in a fraction of the time when compared to traditional site-building. There are a few homebuilders doing this now in Alberta, but many more will come in a short time. The level of completeness ranges from framed walls, to walls insulated with windows and doors in place, to complete closed-wall panels. Building a home indoors, away from the elements, makes sense. I cannot support the argument that a home built in -20°C with wind and snow is put together
as well as a home built in a climate-controlled +20°C. Furthermore, although some of our interior building components can take some exposure to weather, why would we want them to? Quality is usually higher in these products as well, especially if the factory is mechanized. The new European machinery available now is incredibly precise in cutting (less than 1mm tolerance) and the assembly machines put walls together precisely the way they are supposed to – with no variance. There used to be a stigma around “pre-fab” construction. Many of these concerns were quite real. However, with new building codes and stricter quality assurance standards, these issues are long past. The consumer still has to be vigilant though, and look carefully at the offerings from both a traditional builder and a prefabrication builder. Make sure the quality is what you expect. And, most of all, remember that no matter which style of home you purchase, there’s still some assembly required.
Dave Turnbull Area Sales Representative for Landmark Homes
Landmark Homes and our brand new Stonehaven Condo building are built to 1mm precision using robotics and machine engineering, resulting in an ultra airtight home.
Find out more at bit.ly/ouradvantage it’s what’s inside
Advice | MORTGAGE ADVICE
Are mortgage rates on the rise? By Alyssa Richard
EARLIER THIS MONTH, a couple of
Canada’s major banks announced they would raise mortgage rates. Is this a sign of things to come? In early January, Royal Bank of Canada announced it was raising rates on several mortgages. Its special offer five-year fixed closed rate increased by 10 basis points to 3.04 per cent. The bank also increased its two-, three-, and four-year fixed closed rates by 10 basis points. And its five-year variable closed increased by 15 basis points to prime minus 0.10 per cent. CIBC soon followed suit and raised its special offer rates as well. Many of the Big Six banks – TD, Scotiabank and National Bank – raised rates in the months before RBC did and no one seemed to notice. But because RBC is the largest bank in the country, people tend to take note. The big banks are raising rates because they expect interest rates to go up in the long term. Also, January isn’t a very competitive time of the year. Fewer people tend to buy homes because they don’t want to move in the winter. And banks aren’t as aggressive with rates because they don’t have to be. It’s not uncommon for rates to rise during a slower buying and selling season. But in the spring and summer, banks tend to be more aggressive and rates will likely go down again. But not all lenders have been raising rates. Recently, some smaller lenders have actually lowered their five-year fixed rates. It’s also an interesting time in the mortgage market because fixed-rate mortgages are heavily influenced by Canadian government bond yields. When bond yields decline, fixed-rate mortgages usually follow. On Jan. 13, five-year government bond yields dropped to a record low as the price 50 YPNEXTHOME.CA
Many of the Big Six banks – TD, Scotiabank and National Bank – raised rates in the months before RBC did and no one seemed to notice. But because RBC is the largest bank in the country, people tend to take note. of oil fell to its lowest level in more than a decade and because there are expectations that the Bank of Canada will cut its key interest rate – the overnight lending rate – again. On Jan. 20, the Bank of Canada (BoC) made its key interest rate announcement and there was speculation among many economists that there could be another cut. TD
MORE ADVICE ONLINE ypnexthome.ca/news/advice
Economics says a “case exists for a rate cut” and CIBC Economics believes the odds are tilting ever so slightly on the side of a reduction. But not everyone expected a cut to be imminent. Economists at Scotiabank predicted the BoC would pass on the opportunity to reduce the overnight rate, but further reductions are possible in the future. A cut will likely mean lenders would reduce their prime rates, which should lead to lower interest rates for variable-rate mortgages. Last year, the BoC cut the overnight rate twice. It’s remained at 0.50 per cent since July. Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
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
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 51
SOUTH CENTRAL
PHASE II 93% SOLD OUT! 6 PREMIUM SUITES REMAIN 2 BED - 2 BATHS STARTING AT $339,900
15K UPGRADE PACKAGE INCLUDED FOR FREE
IMMEDIATE POSSESSIONS
CONSTRUCTION IS NOW COMPLETE
Developer pays GST on remaining units for a limited time. Save over $15,000 • 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 TUE & THUR 4pm-7pm & SUN 1-5pm
780.918.0678 / 1.800.265.9518 52 YPNEXTHOME.CA
Neighbourhood Profile
Old Strathcona Celebrated and vibrant By Salina Yara Halabi
Fast facts Average household income
$90,943 Family structure
SINGLES
COUPLES
FAMILIES
51%
35%
14%
Own vs. rent
67%
RENTERS
MORE PHOTOS ONLINE ypnexthome.ca/old-strathcona
ONE OF EDMONTON’S MOST celebrated and vibrant communities, Old Strathcona is filled with an array of unique shopping, dining and entertainment venues that add to the unique charm of the area. Lifestyle Immerse yourself in culture, art and the festival experiences that have established Old Strathcona as a premiere community. Residents enjoy the simple joys of this historic neighbourhood: beautiful architecture, rustic natural surroundings and an overall distinctive twist on urban living. No matter the season, events are always taking place within the dynamic streets of Old Strathcona. Vibe Tree-lined streets, boutique shops and cosy cafes make Old Strathcona a wanderer’s paradise. This community offers residents and visitors a relaxed and cool atmosphere. With a farmer’s market and a thriving art and theatre district, this neighbourhood doesn’t run short on character. Known for its live music and theatre, Old
Strathcona is a hub for both local and international artists who perform in various venues throughout the community. Meet the neighbours The sprawling University of Alberta Campus is on the doorsteps of Old Strathcona, so expect to see a large number of young adults in the community. Students seek refuge in coffee shops and park areas to catch up on studies, and take advantage of the entertainment available on Whtye Avenue. This historic community is also home to long-time residents and young families who embrace the pedestrian-friendly and easy-going lifestyle. Planes, trains & automobiles Part of the charm of Old Strathcona is the community’s walkability. You’ll see a lot of pedestrian traffic throughout the area – something not commonly found in other Edmonton communities. Summer months bring cyclists out into community’s welcoming streets. Public transit is available throughout Old Strathcona, and major roadways that lead to the
33% OWNERS
Education levels
45% UNIVERSITY
32% HIGH SCHOOL
23% COLLEGE SOURCE: ENVIRONICS
downtown core and other key city zones are easily accessible. The good, the bad & the rest Amenities are in high supply throughout Old Strathcona. More than 600 businesses ensure that shops and services are conveniently located near residential areas. You’ll also find plenty of greenspaces to enjoy, including the popular Dr. Wilbert McIntyre Park. Top-notch education options are found within the community or nearby, including the University of Alberta campus, which is home to world-class hospital and research facilities.
Salina is a writer based in Edmonton.
JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 53
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
2.6000
4.0000
2.9400
2.6400
2.6400
2.7400
2.9400
Alterna Bank
2.7000
4.0000
2.8500
2.8500
2.5900
2.9400
2.8800
Alterna Savings
2.7000
4.0000
2.8500
2.8500
2.5900
2.9400
2.8800
Bank of Montreal
2.7000
4.0000
2.8900
2.9900
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
2.8400
2.8900
2.9500
2.9900
2.8900
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 2.9400
First Calgary Financial
-
4.0000
2.8900
2.8900
2.8400
2.8900
First National Financial
2.4000
3.0000
2.2900
2.2400
2.4900
2.6400
2.7900
FirstOntario Credit Un.
2.7000
4.2400
2.6900
2.3500
2.3900
2.5900
2.6900
HSBC Bank Canada
2.8000
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
-
4.4500
2.9900
2.6900
2.8900
2.9400
3.0400
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
2.8900
Manulife Trust
-
4.4500
3.0000
2.9400
2.8400
2.7900
2.8900
Meridian Credit Union
2.5000
4.0000
3.0900
3.0900
3.5500
2.4900
2.6900
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
2.9900
2.8400
3.3900
3.8900
4.6400
Tangerine
2.7000
-
3.1900
3.2400
3.4900
3.6900
3.7900
WFCU Credit Union
-
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 JANUARY 22, 2016 This information is current as of the date and time posted and is subject to change without notice. © Copyright 2016 CANNEX Financial Exchanges Limited. All rights reserved.
54 YPNEXTHOME.CA
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Visit our website: JAN 29 - FEB 26, 2016 | NEW CONDO GUIDE 57
buy with confidence
Job secUritY
gUarantee
YoU lose YoUr Job
we PaY YoUr Mortgage
easY Down PaYMent Plan ~ Price gUarantee INQuIRE FOR DETAILS
now selling in 13 locations across alberta EDMONTON & AREA vITA ESTATES - NW Show Suite Open Early March • 587-521-2607 MACTAGGART RIDGE GATE - NW Show Suite Open Feb 1 • 587-520-8067 CREEKWOOD LANDING I & II - SW Show Suite Open Feb 1 • 587-520-5763 HERITAGE vALLEY STATION I & II - SW Show Suite • 780-438-6693 ERIN RIDGE GATE - St. Albert Presentation Centre • 780-977-0616 Please visit our website for all locations
carlislegroup.ca
Get What You Want, When You Want It. Move in now or in 30, 60, 90 days. Up to $10,000 of upgrades included.
LUXURY AT PRICES YOU CAN AFFORD
1025sq.ft. OF LUXURY LIvING SPACE 2 BEDROOMS • 2 BATHROOMS • UNDERGROUND PARKING INCLUDED FROM THE
$180’s
Plus GST
PAYMENTS FROM $311 BI-WEEKLY* *(based OAC, 20% down, 2.59% 25 year mortgage)
(DEPENDING ON LOCATION AND uNIT TyPE)
CITY SCAPE CORNER UNIT UNDERGROUND HEATED PARKING
OUTLOOK
NATURAL LIGHT-FILLED LIVING SPACE
DREAM 10' 5" X 10' 3"
EXPANSIVE BALCONY
CONNECT
MODERN OPEN CONCEPT LIVING SPACE LINEN
11' 10" X 13' 9"
INVITING BREAKFAST NOOK
SPACIOUS SECOND BATH WITH ELEGANT GRANITE COUNTER TOP
BREAKFAST
CRAFTSMAN HARDWOOD CABINETS HIGH-END STAINLESS STEEL APPLIANCES BEAUTIFUL GRANITE COUNTER TOPS
REFRESH D
CREATE
UPSCALE OVER-THE RANGE MICROWAVE
DINE
STORAGE
10' 9" X 13' 6"
W/D
CONVENIENT IN-SUITE STORAGE
LARGE MASTER BEDROOM DREAM
DESIGNER TILE FLOORS
11' 0" X 11' 2"
SPACIOUS WALK-IN CLOSET
GREET WORK
ENSUITE MASTER SPA BATH WITH ELEGANT GRANITE COUNTER TOP
WIC
7' 1" X 7' 10"
SPA
FOR MORE INFORMATION & ShOwSuITE LOCATIONS VISIT:
carlislegroup.ca
LARGE WORKING SPACE
Buying your first home is a big decision, but it’s also an exciting, once-in-a-lifetime moment. It’s a place where you can put down roots, spend quality time with family and friends and personalize your home to suit your lifestyle. Our townhomes feature: • Up to 1609 sq. ft. of living space • Private attached garages • Private low maintenance yards • Pet friendly
Visit our 7 show homes in 4 communities today! Starting from the low QUICK POSSESSIONS AVAILABLE.
LiveBrookfield.com