Edmonton New Condo Guide - Jan 29, 2016

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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The Name in Active Adult Living

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VISIT OUR 3 SHOWHOMES TODAY!

COM

LY ON TES I 6 SU T! LEF

NOW PRE-SELLING

Westmount Shopping Centre, Next to Smitty’s

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U AV PG A RA NE SN IL D W O W NO AB ED SH M LE SU O O NO IT V RE W ES EL 窶ｦ LI N G !!! !

Empty nesters live the

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REMAINING窶ｦ HURRY IN FOR AMAZING PRICES!!

IMMEDIATE POSSESSIONS AVAILABLE

FREEDOM. SPACE. STYLE. NOW.

A fabulous community featuring two bedroom condos priced from the $300s. Ideal for those who are downsizing, our suites are spacious, luxurious and waiting for someone like you.

You've worked hard. It's time to reward yourself and live the VIP Life.

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

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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

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15 Ave SW

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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

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W 141 St SW

Ch

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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

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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

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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

SEARCH ONLINE ypnexthome.ca

Affordability

THE

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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.

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 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

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.

2 St

t.

82 S

Westpark Drive

e. ve.

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Clo sme se re

15

ve.

97 A

BR 17 K UD M ER TO HE IM

1

e.

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99

e.

Av 99

ay hw Hig

rth No

1

er Riv an w e tch ska Sa

2

Wilshire Blvd.

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1 ELEMENTS SENNA

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BY ROHIT COMMUNITIES

BY PARK HOMES

1 Santana Cres.

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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

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

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

SEARCH ONLINE ypnexthome.ca

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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OnStands Stands Now! October 2012

The stories behind Edmonton’s top builders, developers & new communities

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Trending now The latest real estate news from across Canada

Top three amazing features of Daniels Waterfront: City of the Arts

Why banks are raising rates and what it means

VIDEO & STORY ONLINE ypnexthome.ca/daniels-waterfront

READ THE STORY ONLINE ypnexthome.ca/raising-rates

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5 hottest markets where you can buy under $500K

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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!

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