May 22 - Jun 19, 2015 Volume 23 Issue 06
THANK YOU EDMONTON FOR MAKING US MULTI-FAMILY
BUILDER OF THE YEAR
2014 2015
INSIDE THIS ISSUE
CELEBRATING THE HOMEBUILDING INDUSTRY’S FINEST
HOUSING VALUATIONS: WHO & WHAT TO BELIEVE
TORTURE-TESTING YOUR NEW HOME
MORE CHOICE MORE FREEDOM
MORE TIME The Name In Active Adult Living With over 30 years of experience creating award winning multi-family urban villages for adults and seniors, Christenson Developments has been providing Edmonton and surrounding area with more than just a home. Christenson Developments winner of the Awards of Excellence in Housing – Best Apartment Building.
The Name In Active Adult Living
CDLhomes.com
ME O
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Located in the urban village of Emerald Hills, Sherwood Park 780.410.0004
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L ILAB AVA
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ILA AVA
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TRE
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• Finished basements, 6 appliances, hardwood and ceramic floors • Spacious floorplans, GST included
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VIP at Californian Parkland truly lives up to its name. With luxury specifications at an affordable price, you’ll smile every time you walk through the door.
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• Granite countertops throughout • Stainless steel kitchen appliances • Choice of three birch kitchen cabinets • Ceramic tile in kitchen & bathrooms • Electric fireplace with mantle • In-floor heating • Heated underground parking • Convenient guest suite, social lounge & fitness studio
VISIT OUR SALES CENTRE Mon-Thur: 1-7pm | Sat, Sun & Holidays: 1-5pm | Closed Fridays Showhome: 780.930.1518 Cell: 780.445.4248
vipliving.ca 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
780.974.4757 S O L A R A L I V I N G . CA
2 NEW SHOWSUITES NOW OPEN!
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SPACIOUS 2-BEDROOM SUITES FROM $230s
VISIT OUR SALES CENTRE 145 Ave. 127 St.
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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
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NESTLED IN THE HEART OF SHERWOOD PARK • Spacious layouts from 676 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
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MON-THURS: 2-7PM 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. Waterside condos from $226,900
Granite Counters Throughout Stainless Steel Kitchen Appliances Porcelain Tile Floors In Kitchen/Laundry Room Laminate Floors In Living/Dining Room, Bedrooms, Foyer In-Floor Heating With Temperature Control Heated Underground Parking With Car Wash Bay
CONSTRUCTION NOW UNDERWAY! Southwest Edmonton
He nd ay
Rabbit Hill Rd
An th on y
h r ut ga Sowille r Te
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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
H WIT S E HOM VIEWS E LAK
Craftsman Inspired Town Homes In Thriving South Edmonton Southern Springs town homes are part of the Walker Lake community of South Edmonton, a vibrant new neighbourhood with every convenience close at hand that young home owners are quickly discovering. High-quality finishes throughout, including: • Open plan main floors with elegant nine foot ceilings • Double-car attached garages with remote openers • Kitchen cabinets in a choice of two contemporary finishes • Polished quartz counters in kitchen and bathrooms • Free-standing homeowner’s club lounge and fitness centre
Prices start at $279,900 incl. GST
10
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50 St ELLERSLIE RD WATT
655 Watt Boulevard Telephone: 780.701.5616 Show Homes open: Mon to Thurs: 3 – 8pm Weekends & Holidays: Noon – 5pm
66 St
ANTHONY HENDAY
and
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/ j ay m a n m o d u s
jayman.com/modus-southfork jayman.com/modus-southfork
ASK ABOUT OUR NEW PROJECT
THE STRAND IN ROSENTHAL
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Secord Corners
LUXURY TOWNHOMES DESIGNED FOR TODAY’S BUYER
W
ords like stylish, modern & even a little bit sexy come to mind as you enter the Secord Corners Townhomes. Gleaming granite countertops, large windows and a glass tile backsplash in the kitchen give the space a sleek, urban feeling while features like the large rear deck & oversize double attached garage are exactly what suburban buyers are looking for. Innovative finishes like glass walls instead of the usual spindle stair railings allow light to flow throughout the home. Thoughtfully positioned in the west end of Edmonton, Secord Corners townhomes are located in the gorgeous community of Secord. This family oriented community is 12 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
just off past Lewis Estates and provides easy access to West Edmonton Mall plus the Whitemud and Anthony Henday freeways. Just a stone’s throw away from grocery stores and the established community of Parkland, Secord Corners offers spectacular value for residents. Easily accessible and close to many amenities, these townhomes are the exactly what northwest Edmonton has been waiting for. Perfectly sized at 1536 square feet, these homes have been specifically designed to maximize the floor space. The open concept design allows one room to flow into another, giving the overall impression of a much larger home. A spacious gourmet style kitchen with a convenient eating bar is ideal for active families or professional couples with hectic lifestyles while the dining nook is the perfect spot for family meals or a party. The great room features plenty of room for a luxurious flat screen TV, an oversize window and has
lots of room for entertaining. A well-placed half bath is very convenient for both residents and guests. Upstairs, three generous bedrooms offer fantastic space for children or make excellent offices or hobby rooms. The master suite is a great size and comes with a large walk in closet and four-piece ensuite. Another four-piece bathroom completes this level. The lower level of the home contains the laundry room, storage room and oversize double garage. Many valuable upgraded features of these homes include five appliances, an oversized deck and full landscaping of both front and back yards. The extra deep double attached rear garage has additional storage for the kids stuff or recreational equipment. Secord Corners Townhomes have been planned and are being constructed by Footprint Developments. This company specializes in creating greater Edmonton’s most value rich townhome communities. Very popular with today’s buyers, their first development, Terwillegar Corners, sold out in just months. Secord Corners Townhomes are master crafted and come complete with valuable, upgraded features and finishes. There are only 20 townhomes remaining in the final phase of this private community. Homes are selling fast - so do not wait to reserve your Secord Corners home! Priced from the $280’s these homes are definitely west Edmonton’s most impressive new home opportunity. For more information about Secord Corners Townhomes, please call 780.966.6524 or visit their show home in Secord at 9535-217st, just off of Secord Blvd. To get to Secord, turn off the Whitemud onto Secord, turn left on Secord Blvd & follow the signs. Check out www.secordcorners.ca for more details too.
YELLOWHEAD TRAIL
STONY PLAIN RD.
GREEN DR. 87 AVE. N W
R
SECORD Sales Center
178 ST.
WEBB E
ANTHONY HENDAY DR.
217 ST.
Lake
215 ST.
WINTERBURN RD. BLVD. ORD SEC
STONY PLAIN RD.
WHITEMUD DR.
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 13
EDMONTON’S NEW RENTAL UNIT CONSTRUCTION SOARS IN 2015 (PART 1)
In the first four months of 2015, housing unit starts in
terms of sales and price growth, with the resale side of
the Edmonton region have grown 136% on an annual
this market experiencing continued price growth thus
basis*. While owner-intended starts have nearly
far in 2015.
doubled by this measure, today’s construction is being heavily bolstered by an insurgence in apartment rental
Given the above, one might ask why there is a need
starts – 981 since January 2015*.
to build new rentals when we can just promote further homeownership in the new condo market.
One obvious driver of this trend has been the region’s consistently thin vacancy rates within professionally
The answer to this is an unforeseen real estate market
managed rental buildings. For those looking to rent,
trend and an appearing, if not now apparent, consumer
finding an apartment in this market can be daunting,
trend. In past articles, we have written about the
with many settling outside of desired areas, or for less
opportunities for investment in Edmonton’s secondary
desirable options. This situation has caused average
markets, as highlighted by the fact that while the city of
rents in the region to grow faster than anywhere else
Edmonton’s entire stock of apartments grew by over
in Canada*.
7000 units from 2012 to 2014, occupancy rental rates remained stagnant at roughly 30 percent. All of this
Many real estate agents and new condo developers
occurred while the professionally managed stock of
now note that today’s rental costs closely resemble
rental apartments remained stagnant*.
the mortgage payment one might pay on a condo. This point should seemingly hold close sentiment with
It seems that developers of these new primary rental
Edmontonians who maintain one of the highest housing
projects have tuned into an emerging trend that was
homeownership rates of all major Canadian regions*.
previously being serviced primarily by secondary rental market investors. What is this trend?
Local values like this may also help explain the success of the region’s many apartment rental condo conversion
More on this next time…
projects that took place between 2005 and 2011 – a time when the primary rental market was reduced by over 8,000 apartment units*. Furthermore, condos for
*Statistical figures and trends are based on public publications
sale have experienced great successnewest in recent years in Intelligence House is Edmonton’s and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real is estate industry.newest and most Intelligence House Edmonton’s
provided by the CMHC.
innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry. 14 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
F I NA L C H A NC E – ON LY 14 U N I T S L E F T !
Bow Chicka Wow Wow
PRINCETON COURT
PRINCETON COURT Sherwood Park | 301 Palisades Way Prices starting in the $360’s* CALL MANDIE AT
780-905-0998
Clover Bar Road
Sherwood Drive
Way Lakeland Drive
101 Ave NW
Visit GrandeDesign.ca for more information.
Palis ades
Modern master suites with some sizzle are what Grande Design homes are all about. But when it comes to quality craftsmanship, our homes couldn’t be more traditional. Don’t miss out on your last chance to move into one of these spacious executive townhomes today!
Broadmoor Blvd
Yellowhead HWY
Baseline Rd
1781 sq. ft. spec executive townhomes Oversized double garage • Hardwood floors • Granite countertops • Stainless steel appliances • •
*Prices subject to change
Modern Homes. Classic Values. NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 15
Your possibilities are endless. If you can dream it, Averton can design it. We’re pushing the boundaries of traditional homes to create modern luxury spaces that redefine the way you live. With unexpected luxury 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 Homes has a home designed for you.
Visit our new website at averton.ca
16 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
ST. ALBERT
HWY 16
EDMONTON
ANTHONY HENDAY
HWY 2
SPRUCE GROVE
1304 Rutherford Road ST. ALBERT
With spacious balconies and tree-lined views at every turn, each Pivot
Ellerslie Road & 119 Street
townhome provides you with an exclusive sense of privacy and luxury. Starting in the $300’s. REGISTER NOW for preview in June.
HWY 16
SPRUCE GROVE
HWY 2
EDMONTON
AN TH
ON Y H
ENDAY
Chapelle Drive Now selling 2 and 3 bedroom townhomes in the heart of Creekwood from
28 Avenue & 141 Street
the $300’s.
ST. ALBERT
AN
TH
O
N
Y
H
EN
D
AY
HWY 16
EDMONTON SPRUCE GROVE
4003 Blackbird Link Live close to nature. Now selling 2 and 3 bedroom rear garage townhomes
Future Showhome HWY 2
from the $300’s.
Call 780-638-5878 or visit averton.ca today!
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 17
CONTENTS
MAY 22 - JUN 19, 2015
VOLUME 23
ISSUE 06
ON THE COVER
Carrington Communities Builder of the Year
COLUMNS / NEWS / HOMEBUYERS’ HELP 20 Editor’s Note 21
Web Directory
26 Industry Update Torture testing your new home by Jim Rivait
47 In The News Celebrating Edmonton’s finest in the housing industry
60 Fundamentally Speaking Housing valuations: Who are what to believe
by Salina Yara Halabi
57 In The News Edmonton at low risk of housing market correction
by Wayne Karl
73 Homebuyers’ Help Condo Buyers’ Resource Section
by Lydia McNutt
PROJECT LOCATION MAPS 25 West
45 Leduc
57 Fort Saskatchewan
29 Spruce Grove
46 Beaumont
59 North West
31 South West
51 North East
63 Downtown
41 South East
55 St Albert
69 South Central
43 Sherwood Park
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Moe Lalani SENIOR SALES MANAGER, WESTERN CANADA
Edwin Rizarri
PROJECT PROFILE
ART DIRECTOR
Victoria Cigan EDITOR
Lydia McNutt CONTRIBUTING EDITORS
Wayne Karl Elisa Krovblit Sara Duck (on leave) DESIGN EDITOR
Yanic Simard
SENIOR MEDIA CONSULTANT
Shelley Balla 587.784.4044
NATIONAL CIRCULATION MANAGER
John Jenkins PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Hannah Yarkony GRAPHIC DESIGNER
Viosa Barileva, Miguel Cea, Mike Terentiev
32
TERWILLEGAR INSPIRATIONS: South Edmonton’s best-kept secret!
PO Box 458 Station Main Edmonton, AB T5J 2K1 YPNEXTHOME.CA
COPYRIGHT 2015 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers. ADVERTISING RATES
T 587.784.4044 email shelley.balla@ypnexthome.ca CIRCULATION Edmonton’s New Condo Guide is
published every four weeks, 13 times per year. To submit articles or advertising, we are located at PO Box 458 Station Main Edmonton, AB T5J 2K1. New Condo Guide is free to the public.
EDITORIAL Submissions from interested parties will be considered. Please submit to susan.legge@ypnexthome.ca
47
The views and data expressed by columnists do not necessarily represent those of the publication.
EDITOR’S NOTE
HOME-BUYING DECISION DRIVERS
SUSAN LEGGE Editor-in-chief
Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
New-home buyers are often driven by different influences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home in the suburbs or a pied-à-terre in the city, you’re likely looking to compensate for what you don’t have in your current residence. The amount of living space is usually the issue – either too much or too little. Most young families are looking for more living space, which is why builders and developers are designing homes with interiors that maximize every square foot of living space to make the most of your money. As we get older, the quest for living space may take a different direction. Downsizing is often the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or a small “crash pad” in the city that gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home afterward. In today’s hectic world, your new home will be your retreat, so it’s important to find one that suits your needs and lifestyle. Good luck in your search!
BE THE ‘EARLY BIRD’ THIS SPRING
LYDIA MCNUTT Editor
Lydia.McNutt@ypnexthome.ca Follow me on Twitter at Twitter.com/LydiasTweets
You’ve decided to buy a new home this spring. Visions of gleaming glass condo towers rising on the skyline are certainly inspiration to get out there and stake your claim. But oftentimes, the real deals are to be found long before the shovels even hit the ground. There are many benefits to buying your condo early in the development process. Purchasing in the pre-construction phase often means you’ll get a lower price, and by the time you move in, your condo will likely have appreciated in value. Beyond the equity you’ll gain by virtue of patience, the period between purchase and occupancy date (which can be a few years, in some cases) offers homebuyers a chance to save up a larger downpayment. Mortgage interest rates are currently at historic lows, but we don’t know how long this will last. The larger the downpayment, the less you’ll need to borrow and the less interest you’ll pay. If you’re a first-time homebuyer, use the waiting period before occupancy to prime yourself for the costs of condo ownership. Set aside the equivalent of your condo maintenance fees every month to get accustomed to paying this bill. Then, put that money toward your downpayment. Now consider the rate of real estate appreciation in Canada’s major markets, and buying a pre-construction condo makes perfect financial sense. As they say, the early bird gets the worm.
Web Directory BUILDERS/DEVELOPERS
Find your next condo online, it’s easy! BUILDERS/DEVELOPERS
Abbey Lane Homes
www.abbeylanehomes.com
Parkwood Master Builder
www.parkwoodmasterbuilder.com
Addison Condos
www.theaddisonoffwhyte.com
Rohit Communities
www.rohitcommunities.com
Californian Parkland
www.vipliving.ca
Secord Chalet
www.secordchalet.com
Carrington Communities
www.carrington.ca
Secord Corners
www.secordcorners.ca
Cascade Luxury Condos
www.cascadecondos.ca
Solara at Skyview
www.solaraliving.ca
Centurion Townhomes
www.centuriontownhomes.com
Stafford Greens
www.staffordgreens.com
Christenson Developments Ltd.
www.cdlhomes.com
Symphony Tower
www.symphonytower.ca
Coventry Homes
www.coventry-homes.com
Tessco Incorporated
www.edmontoncondo.com
Daytona Homes Master Builder
www.daytonahomes.ca
The Leger
www.brass3.com
Encore Tower
www.encoretower.com
The Rushes of Southfork
www.rushesofsouthfork.ca
Footprint Developments
www.footprintdevelopments.ca
The Signature
www.signatureambleside.com
Fox Two
www.foxtowers.ca
Ultima
www.ultimatower.ca
Grovenor Manor
www.grovenormanor.com
Grande Design Homes
www.grandedesign.ca
Homes by Avi
www.homesbyavi.com
Landmark Group
www.landmarkgroup.ca
Lang Built Homes
www.langbuilthomes.com
Park Homes
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
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 21
west edmonton’s premier ravine condos show suite now open! summer possessions!
theparc.ca | 780.665.0844
35 AVE
D
SAR
LES
199 ST
Mon-Thurs 3-8pm | Sat, Sun & Holidays 12-5pm Closed Fridays
199 ST
35 Ave & Edworthy Way
HENDAY
WHITEMUD WINTERBURN
• Bordered by natural park/walking trail • Expansive ravine views • Large windows and open floor plans • Beautiful stucco and stone architecture • 9’ ceilings on 4th floor, with vaulted living rooms • Designer finishing packages available
ALL UNITS BACK DIRECTLY ONTO THE PARK!
EDMONTON’S PREMIER CONDO BUILDER Southwest Edmonton Luxury Condos Show suite now open! Summer possessionS!
essenceliving.ca | 780.784.0564 • Stainless steel appliances • Open floor plans with large master bedrooms • In-floor radiant heating in every suite • Superior sound proofing • Spacious private balconies • Secure underground parking
170 Street & Ellerslie Road
Mon-Thurs 2-7pm | Sat, Sun & Holidays 12-5pm Closed Fridays
Outstanding Townhomes on Jubilee Park •All units move-in ready • Outstanding park and playground at your doorstep • Beautiful interior finishes • Walking distance to schools • Spacious 3 bdrm/3 bath layouts from 1409 sf
silverleafliving.ca | 780.784.0565
HWY 16A
Sat & Sun 12-5pm Weekdays by appointment only
500 Grove Drive, Spruce Grove
Your home
Your way
Multi-family showhomes now open. When you build with Coventry Homes your choices for finishings are abundant.
Our award winning* multi-family homes range from 1308 to 1554 square feet and are built with confidence, just the way you want it.
*Professional Home Builders Association 2015 Highest Customer Satisfaction rating among new homebuyers for participating Multi-family home builders with 50-149 possessions in the Edmonton & area region.
Ambleside South 7108 Armour Link SW Aspen Trails 689 Armitage Cresent Aurora 3366 & 3364 Weidle Way SW
Maple Crest 627 & 629 - 40 Avenue NW New Castle 17120 & 17122 - 120 Street NW Westerra 1359 Westerra Drive
You’re ready to make your move
Visit coventry-homes.com for more details
Convenient appointment, day or night, home or office • Competitive rates on a wide selection of mortgages •
For convenient mortgage service, contact: Nancy Bruno-Romeo Mobile Mortgage Specialist Tel.: 780-973-8892 Cell: 780-908-7183 nancy.bruno@bmo.com What’s next for you?
® Registered trade-mark of Bank of Montreal.
Mortgage Expertise at Your Doorstep 24/7 74_BMO_20/13
24 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
213 St.
WestEdmonton Yellowhead Trail
124 St.
7 159 St.
87 Ave.
WHITEMUD FWY.
199 St.
6
35 Ave
11
1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Grantham Court 2 GROVENOR MANOR BY PELHAM MASTER BUILDER
10126 – 144 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS
9535 - 217 Street 4 STAFFORD GREENS BY ALDRITT HOMES
62 Ave & Getty Gate
GROAT BRIDGE
142 St.
149 St.
163 St.
170 St.
102 Ave.
9 2
QUESNELL BRIDGE
69 Ave.
4
MAP LISTINGS
156 St.
178 St.
8 1
175 St.
Rosenthal Blvd.
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 Blvd.
5 10
Ma yfie ld
Rd .
111 Ave.
Callingwood Rd.
North Saskatchewan River
5 JADE
9
BY CARRINGTON COMMUNITIES
1004 Rosenthal Blvd 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER
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
BY QUALICO LIVING
9820 165 Street 8 VIP AT CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Granthan Court
WEST EDMONTON | Call Trent 780.426.1686
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $199,400 1004 Rosenthal Boulevard NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 25
INDUSTRY UPDATE
TORTURE TESTING your new home By Jim Rivait
T
orture tests for doors and windows are just one way builders are making sure new homes meet the highest standards. The new CSA Group lab at the Edmonton Research Park is equipped to perform 37 different tests of durability and energy efficiency. Windows endure punishing blasts of water while specially designed machines open and close doors up to half a million times. The facility is responding to demand from local suppliers for testing to meet new requirements under the National Building Code for independent testing of their products. “The changes to the Code will mean every window, door and skylight sold in Canada will have to be certified,” says Nashir Jiwani, CSA Group regional vice-president, Canada. Testing is nothing new for companies that supply the multitude of individual components that will go into your new home. Homes today are built according to exacting standards that reflect the many advances in science and technology over the years. Starting back in 1941, the National Research Council (NRC) published the country’s first National Building Code. As the NRC points out, today’s construction technologies and techniques differ vastly from those in use back when new movies in the theatres included Citizen Kane, The Maltese Falcon and Dumbo. The new techniques and technologies developed for building homes face rigorous scrutiny at the national level and then face additional examination before the Alberta government employs them in this province. One great example of how innovation has benefited both consumers and the environment is the huge improvement in energy efficiency. A couple of years ago, CHBA did an interesting study that looked at how much energy a typical home built in 1975 used in a year. Then we searched archives to find the original construction specs and determined that the same home built today according to current codes would consume 66 per cent less energy. The amount of energy needed for heating dropped an astounding 78 per cent. The latest round of national code changes will bring new energy-saving measures that will reduce both fuel bills and the carbon footprint of homes. And for homebuyers who want to push the environmental envelope even further, Net Zero homes are popping up around the city that produce as much energy as they use. Keeping up to date with changing for codes for building, fire, plumbing and energy use is a challenge. Our building technology expert is tracking some 800 different codes changes and arranging sessions for CHBA members to help them understand what’s new. Some things about building new homes never change – attention to detail and focus on quality – but professional builders are always looking
26 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
for ways to make homes more comfortable, affordable and efficient. The confidence in homes built today is confirmed by the 10-year warranty that comes standard with every new house these days. Building homes is a serious business because your home is likely the single biggest purchase you will ever make. The new CSA lab where windows and doors get put to the test is also serious business. This is the same lab where they do explosives testing, so you know these people aren’t fooling around. The Canadian Home Builders’ Association – Alberta represents over 1,500 business members including new home builders, renovators, developers, trade and supply companies, and professional services.
Jim Rivait is chief executive officer of the Canadian Home Builders’ Association – 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.
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 27
New 2015 Annual Coming soon
On Now! Watch for it! OnStands Stands Now! October 2012
The stories behind Edmonton’s top builders, developers & new communities
SpruceGrove H
ar 3 Rid vest g eD
r
MAP LISTINGS
Vanderbilt Common 2 1
3
Jennifer Heil Way
4
r ve D Gro est W
1
2
1 SILVERLEAF AT JUBILEE PARK 500 Grove Dr
2 CENTURION TOWNHOMES BY PK DEVELOPMENTS 20 Vanderbilt Common
3 EDGEWATER VILLAS BY LANG BUILT HOMES
Just off of Harvest Ridge Dr
To Highway 16
StonyPlain Highway 16A, To Edmonton
47 Ave.
48 St.
52 Ave. 50 St.
South Park Dr.
44 Ave.
Golf Course Rd.
1
46 St.
To Jasper
Fairway Dr. 55 Ave. Oatway Dr. 3 2
79 Ave.
MAP LISTINGS
1 BARTH & GOSSET MANOR BY JAFFER DEVELOPMENTS
Main St - 5211 50th St
2 WESTERRA MANOR Golf Course Rd & 79 Avenue
3 WILLOWS END BY JAFFER DEVELOPMENTS
48 Street & Willow Park Rd
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 29
SPRUCEGROVE
SHOW HOME OPENING IN MAY!
NEW ADULT VILLA PROJECT.... Lang Built Homes is excited to announce the start of construction on our New 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. Many of our Villas will include walk-out or daylight basements that back onto these amenities. Our customers have recognized the value of this property and have already responded by securing 12 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.
30 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
Summer Possession Opportunity
Construction is underway on Lot 24 which is a 1417 Sq.ft. Walk-Out Balmoral Plan backing onto park area. This home will be available for summer possessions and can still be personalized with the selection of interior finishes. Please call for more information and to set up an appointment.
SouthWestEdmonton Lansdowne Dr.
104 St.
51 Ave.
105 St.
111 St.
119 St.
34 Ave.
Rabbit Hill Road
2
19
11Saddleback Rd.
9 Ave.
MacEw an Road
13
2
22 23 8
4
Anthony Henday Dr. Ellerslie Rd.
30 Ave.
9
6
50 St.
3 18
91 St.
127 St.
141 St.
14
23 Ave.
Blackburne Drive
Ellerslie Road
21
19 Ave.
Parsons Rd.
20
10
7 16
17
101 St.
15
Dr.
James Mowatt Tr.
Ha dd ow
14
91 St.
23 Ave.
66 St.
1
40 Ave.
SOUTH
WHITEMUD DR.
Ter will ega rD r.
ay Dr. y Hend Anthon
North Saskatchewan River
Belgravia Rd.
Calgary Trail North QE II
Riverbend Rd.
Fox Dr.
113 St. 109 St.
76 Ave.
QUESNELL BRIDGE
41 Ave.
MAP LISTINGS 1 THE LEGER BY BRASS III DEVELOPMENTS
625 Leger Way 2 WINDERMERE WATERS BY WESTRICH PACIFIC CORP
1290 Windermere Way 3 VISTAS AT CALLAGHAN NORTH BY ROHIT COMMUNITIES
2632 Bowen Way SW 4 ATRIA BY PARK HOMES
2803 James Mowatt Trail
6 ALLARD TOWNHOMES BY ROHIT COMMUNITIES
675 Allard Blvd SW 7 ESSENCE AT WINDERMERE SOUTH BY COVE PROPERTIES
170 Street & Ellerslie 8 JAYMAN MODUS 3837 Powell Wynd SW 9 ELAN BY CARRINGTON COMMUNITIES
1144 Adamson Dr SW 10 ELEMENTS AT WINDERMERE BY CARRINGTON COMMUNITIES
340 Windermere Rd.
5 ALLURE BY CARRINGTON COMMUNITIES
4042 MacTaggart Dr
11
MAGRATH GREEN BY LANDMARK COMMUNITIES
2003 Rabbit Hill Rd. 12 CREEKWOOD LANDING BY CARLISLE GROUP
11804 - 22 Ave SW 13 E’SCAPES BY CARRINGTON COMMUNITIES
11080 Ellerslie Road 14 REGENCY AT WINDERMERE BY ROYAL CANADIAN DEVELOPMENT INC.
723-172 St (In Langdale) 15 THE SIGNATURE BY WESTRICH PACIFIC
5151 Windermere Boulevard
16 GLENRIDDING HEIGHTS TOWNHOMES BY ROHIT COMMUNITIES
16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 RAVINE POINT AT MACTAGGART RIDGE BY CAMBRIDGE MERIDIAN DEVELOPMENTS
5835 Mullen Place 18 SOUTH CALLAGHAN TOWNHOMES BY VOCO
Corner of Casselman Link & Cunningham Way SW
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
19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES) BY LANDMARK COMMUNITIES
7504 May Common
SOUTHWEST EDMONTON | Call Craig 587.520.6775
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $236,300 1144 Adamson Drive SW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 31
PROJECT PROFILE
TERWILLEGAR INSPIRATIONS: South Edmonton’s best-kept secret, where owning is cheaper than rent!
L
ocated in the highly coveted area of south Edmonton, Terwillegar Inspirations offers homebuyers beautifully designed carriage-style condos within the incredible $250’s price range! The exceptional development features seven expertly planned three-storey buildings. Each floor includes four condos, with every level showcasing a slightly varied floor plan. Conveniently situated near Rabbit Hill Road and the Anthony Henday Drive, the Inspiration
condos are only a few minutes away from an array of first-rate amenities, including the acclaimed shopping and entertainment district of Currents of Windermere. Easy access to major roadways provides residents with downtown access in only 20 minutes, while the international airport is quick 25-minute commute. Terwillegar Inspirations features 84 homes, ranging from 944 to 1,060 sq. ft. Offering three different floor plan options, homebuyers have the opportunity to
Offering three different floor plan options, homebuyers have the opportunity to choose the home layout that best suits their individual lifestyle choose the home layout that best suits their individual lifestyle. Each condo includes a substantially sized master bedroom with a large walk-in closet and ensuite, as well as a second bedroom and full main bath. Nine-ft. ceilings and numerous windows create an airy and bright home environment – these features are particularly evident in the first floor condos, which feel as open and welcoming as the higher positioned homes in the development. The open-concept living plan features a spacious living area and kitchen, providing residents with the perfect place to spend time with family and friends. The well-designed kitchen offers plenty of counter space, while
luxurious maple cabinets, granite countertops and stainless steel appliances provide a high-end and quality feel to the space. Homebuyers will benefit from numerous fantastic features when choosing a condo at Terwillegar Inspirations, including a private entrance for each home, and a charming corner gas fireplace that instantly creates an intimate atmosphere in the living area. A balcony or deck is also featured with each home, which includes a gas outlet for quick barbecue installation and a storage unit for added ease and convenience. A powered parking stall is provided to residents with the purchase of each home, and there is an option to lease an on-site garage space. Exceptionally low condo fees are offered at Terwillegar Inspirations, which includes resident water usage and ensures homeowners are enjoying the carefree benefits of no exterior home maintenance. Terwillegar Inspirations is offering one of the best values for a new home in South Edmonton. The exceptional condos offer both first-time buyers and those looking to downsize outstanding quality at an incredible value. With the entire complex now complete, homes are available for immediate possession and residents will not have to worry about inconvenient and intrusive construction taking place around their home. These beautiful homes won’t last long, so don’t wait on this opportunity to join the Terwillegar Inspirations community!
For more information or to learn more about Terwillegar Inspirations, call Nadia Osman at 780.238.0023. Visit the three showhomes Monday to Thursday 5 to 8 p.m.; and Weekends from noon to 5 p.m.
in South Terwillegar
STOP RENTING! Why would you rent in southwest Edmonton when you can own for less? • • • • • • • •
All 2 Bedroom & 2 Bath Carriage Style Condos - separate entrances 1060 & 994 square foot units Stainless Steel Appliances Granite countertops For Sale By Gas Fireplaces 840-156 Street Nadia Osman Edmonton, Alberta 1 year Free Shaw InternetRealtor & Cable On-site Financing OAC 780-238-0017 nadiaosman@remax.net ReMax Real Estate Centre
List Price $259,900.00
NOW SELLING!
Mortgage Financing Options
Downpayment
5% Down
10% Down
20% Down
25 year
25 year
25 year
25 year
2.69% Interest
2.69% Interest
2.69% Interest
2.69% Interest
Downpayment amount
$12,995.00
$25,990.00
$51,980.00
$90,965.00
First Mortgage
$246,905.00
$233,910.00
$207,920.00
$168,935.00
$7,777.51
$5,613.84
$0.00
$0.00
$254,682.51
$239,523.84
$207,920.00
$168,935.00
Amortization Period Interest Rate*
__
__
Insurance Premium Total Mortgage Monthly Payments
__
__
35% Down
__
$1,165.13
$1,095.78
$951.20
$772.85
Monthly Taxes
$133.33
$133.33
$133.33
$133.33
Condo Fees
$171.03
$171.03
$171.03
$171.03
Heat
$55.00
$55.00
$55.00
$55.00
Total Payment
$1,524.49
$1,455.14
$1,310.56
$1,132.21
Income Required
$49,336.40
$46,958.69
$42,001.66
$35,886.80
__
__
THREE FLOORPLANS TO CHOOSE FROM
www.nadiaosman.com
__
__
__
__
__
__
__
__
CHECK OUT OUR 3 SHOWSUITES Laura Mah Mortgage Planner Mortgage Architects
Brand New with Immediate Possession Priced under $260,000 includes GST 780-995-2090 laura@lauramah.com http://www.lauramah.com
Visit us at Showsuite: #19, 840 – 156 Street Showhome hours: Monday to Thursday 5pm to 8 pm. Saturday & Sunday 12pm to 5pm. Subject to approved credit and income verification
Rates Subject to change without notice. *Rate based on 5 years fixed,
other rates and terms may be available. | Amortization over 30 years may be available from certain lenders. Mortgage Architects Brokerage #10287. © Copyright 2015 Mortgage Architects, all rights reserved.
780.238.0023
|
www.terwillegarinspirations.com
RECEIVE
1000 CASH
$
for REFERRING a close friend or relative*. 3 bedroom STREET TOWNS | NO CONDO FEES 3 floor plans from 1404 sq ft - 1419 sq ft Rear Detached Garage Landscaped and Fencing Stainless Steel Appliance Package
from
$349,900 (inc GST)
Monthly Payment $1536 Qualifying Income $67,191
Paisley at Heritage Valley is on the edge of Edmonton, and is close to an array of amenities. From the Currents in Windermere complex containing one million sq feet of retail space to the collection of restaurants, cafes, shops, boutiques and services it’s all just moments away. Be at the center of it all.
from
$299,900
Ask about our Down Payment Savings Program Monthly Payment
(inc GST)
$1317 Qualifying Income $58,018
Sales Centre Located in Innovations by Jayman 3837 Powell Wynd SW Mon to Thurs 2-8 pm Sat/Sun 12-5 pm 587.521.4992 * Limited time offer June 30th
/ j ay m a n m o d u s
jayman.com/modus-paisley jayman.com/modus-paisley
SOUTHWEST
lion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes,
EXPECT THE UNEXPECTED AT the LEGER BRASS III has an excellent reputation as a builder of choice in the Riverbend/Terwillegar area. They know the community, they know the amenities and residents, and they know how to build great projects (they’ve built over a dozen projects in the area to date). This is amplified at The Leger. The Leger’s 60 units range from two-bedroom, two-bathrooms, to two-bedroom plus den plus two bathrooms, and are between 1,250 and 1,550 sq ft. All units features nine-foot ceilings, premier finishings like hardwood and tile floors, granite countertops, seven appliances (stainless steel appliances in the kitchen) and oversized balconies. All homes are self-contained, too, with their own hot water tank and heating system, and in-suite laundry. The building will also have low condo fees because there are no common amenities in the building—other than the heated underground parking. Instead, resources are put toward towards elements like soundproofing and improved construction materials. The Leger is in a prime location, in the heart of Terwillegar. It is steps from the new multimil-
36 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple. There are a handful of floorplans to choose from, and suites start under $300,000. Now selling and possessions start in 2015. Of course, the sooner you get in the more choice you have on floorplans and units. So swing by the sales centre today at 625 Leger Way. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.
SUITE 106, 1550 SQ FT
BRASS3.COM
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.
DISCOVER THE
UNEXPECTED...
...DISCOVER
the LEGER
AN EXCITING NEW DEVELOPMENT BY
BRASS III LOCATED IN THE HEART OF TERWILLEGAR JUST STEPS TO REC CENTRE & TRANSIT STATION
NOW 60% SOLD
CONSTRUCTION HAS BEGUN Leger Blvd
Rabb
ay Leger W
TERWILLEGAR REC CENTRE
rR
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE FOR EXCLUSIVE UPDATES AND
Terwilleg
ar Dr
d
ay rW
ge
Le
23 Ave
• Only 60 Suites • Choose from 2 Bedroom or 2 Bedroom + Den • Large suites ranging in size from 1255 to 1550 sq ft
PROMOTIONS: BRASS3.COM
Leger Gate
ge
l Rd
it Hil
Le
SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL
780.918.0678 /
OFFICE
780.439.7000
ALBERTA’S #1 CONDO BUILDER
MAYBE IT’S BECAUSE WE’RE SO EAGER TO PLEASE
NOW SELLING IN 16 LOCATIONS ACROSS ALBERTA WITH 2 BEDROOMS STARTING IN THE
$140’S FOR MORE INFORMATION VISIT:
carlislegroup.ca
EDMONTON & AREA Erin Ridge Gate - St. Albert Vita Estates - NW Edmonton Elements II at McConachie - NW Edmonton MacTaggart Ridge Gate - NW Edmonton Aurora Greens - SW Edmonton Creekwood Landing I & II - SW Edmonton Heritage Valley Station I & II - SW Edmonton Walker Lake Gate - SW Edmonton
CALGARY & AREA NORTH SHOW SUITE:
780.977.0616 SOUTH SHOW SUITE:
780.438.6693
immediate possessions available
Albert Park Station - Downtown Calgary Creekside Village - Airdrie Emerald Sky - NW Calgary Legacy Gate - SE Calgary Stonecreek Landing - Cochrane
Customizable bungalow and two-storey condo with walk-out basements onto the Blackmud Creek Ravine.
#6, 1030 Connelly Way SW 780.717.7490
BUNGALOW & TWO STOREY DUPLEXES FROM $399,900
NEW ME O H S WHO N E P O NOW
Visit our Sales Centre at #27, 8132 217 Street NW or call 780 914 2006
Voted Best Town Home Under $330,000! TE EDIA N M IM IO ESS S S PO
Park Homes is proud to have received the 2015 Canadian Home Builders‘ ‘Award of Excellence in Housing’ for the highly successful Atria town homes, located in the vibrant new Callaghan South community. Plan to visit Atria soon to see what makes our homes so appealing to a broad range of purchasers. Created in a timeless Georgian style, with elegantly proportioned architecture, well-designed front entrances and charming window boxes. Contemporary
home has an attached double garage!
Prices starting from the $290’s incl. GST Designer Show Homes open at: 2803 James Mowatt Trail, South West Edmonton Tel: 780.809.8580 Mon to Thurs: 3 – 8pm Weekends and Hols: Noon – 5pm Closed Friday
atria.parkhomes.ca follow us on
and
SouthEastEdmonton 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.
75 St.
. Rd yll Arg
50 St.
99 St.
76 Ave.
34 St.
83 St.
Whyte - 82 Ave.
Whitemud Fwy.
51 Ave.
38 Av e.
39 Ave.
8
43 Ave.
34 Ave.
Millwoods Rd.
91 St. Calgary Trail North QE II
4 1 23 Ave.
9 6 10 2 11 7
91 St.
66 St.
Parsons Rd.
3
50 St.
Anthony Henday Dr. 216
101 St.
MAP LISTINGS
4
30 St.
5
Ellerslie Rd.
41 Ave.
1 CHARLESWORTH
7 ELEMENTS AT WILLOWHAVEN
BY LANDMARK COMMUNITIES
5503 - 3 Ave. SW
BY CARRINGTON COMMUNITIES 5521- 7 Avenue SW
8 ASPEN MEADOWS
2 REVV
BY LANDMARK URBAN LIVING
BY INFINITY HOMES 1480 Watt Drive
43A Ave. & 23 St.
3 WALKER LAKE LANDING BY CARLISLE DEVELOPMENTS
Corner of Welsh Dr. & Watt Blvd SE 4 TAMARACK BY LANDMARK COMMUNITIES
655 Tamarack Rd. 5 LARKSPUR LANDING BY ROHIT COMMUNITIES
2845 - 43 Ave NW
9 SOUTHERN SPRINGS BY PARK HOMES
655 Watt Blvd. 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.
6 AURORA BY MELCOR HOMES 1090 & 1092 Watt Promenade SW
SOUTHEAST EDMONTON | Call Naveshni 587.521.1444
elementsbycarrington.ca Please see our ad on the inside back cover
CONDOS FROM THE $150’S 5521 – 7TH AVENUE SW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 41
G STARTN HE FROM T
00’s
$280,0
50 St
now selling TOWNHOMES • Exclusively for first time home buyers with two unique floor plans to choose from
43A
43 Ave
Ave 21 St
44 St N W
30 St
• Located in a mature neighbourhood with schools, parks, and amenities nearby
17 St
34 St
• 2 and 3 bedroom homes available
Whit emu dD r
3 8 Av
eN
W
Visit the Sales Centre at 2845 43A Ave NW | Contact Lynn Ly at 780.809.4515 To learn more visit our website RohitCommunities.com
SherwoodPark Hwy. 16
1y a sW de
dows Mea dale k r la C 8 . d Blvd rlton erwoo Cha Way Summ
4
Lakeland Dr.
ver Bar Rd. Clo
Pa lisa
6
Jim Commo nD r.
Baseline Rd.
Beauvista Dr.
14
Wye Rd.
1
Sherwood Park Fwy.
PRINCETON COURT
.
Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
21 d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
Grana d
6 ASPEN TRAILS DUPLEXES
BY GRANDE DESIGN
BY ROHIT COMMUNITIES
301 Palisades Way
100 Axbridge Gate
2 CREEKSIDE VILLAGE IN SUMMERWOOD BY QUALICO LIVING
Summerwood Blvd. off Clover Bar Rd. 3 ELEMENT LOFTS & FLATS BY QUALICO LIVING
41 Summerwood Blvd. 4 LAKELAND RIDGE BY LANDMARK COMMUNITIES
219 Charlotte Way 5 CENTRE IN THE PARK BY CHRISTENSON COMMUNITIES
2021 Sherwood Dr.
7
a
14X
Sherwood Dr.
Broadmoor Blvd.
5
2 9 3 10
7 ESTATES AT SUNVIEW LANE BY QUALICO LIVING
5300 Sunview Lane 8 ETON PARK VILLAS BY CHRISTENSON COMMUNITIES
Emerald Hills Aspen Trail & Eton Blvd. 9 ASPEN TRAILS BY ABBEY LANE HOMES
Axbridge Gate off of Lakeland Dr. 10 SUMMERWOOD DUPLEXES BY ROHIT COMMUNITIES
100 Axbridge Gate
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 43
looking for a new home? We can help! The New Home & Condo Guide app is now
Brand new name, same great app. Everything you need to know to buy your next home.
download the app
visit us online
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
6
MAP LISTINGS
1 WINDROSE
3 ROYAL WEST HOMES 81 Acacia Circle
BY LANDMARK COMMUNITIES
61 Windrose Drive
BY HUNTER RESIDENTIAL DEVELOPMENTS
4 SOUTHFORK
2 THE SPRINGS AT BRIDGEPORT
5 THE RUSHES OF SOUTHFORK
BY JAYMAN MODUS
319 Southfork Dr
BY CHRISTENSON COMMUNITIES
102 Bridgeport Crossing
401 Southfork Drive 6 SOUTHFORK STREET TOWNS BY HOMES BY AVI
419 Simpkins Wynd
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 LOCATED 20 kilometers south of Edmonton on Hwy. 2 SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems 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
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
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 45
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 BY CHRISTENSON COMMUNITIES
4900 - 62 St.
3 MONTROSE ESTATES BY SABA HOMES
3311 – 67 Street
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 For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca
46 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
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
IN THE NEWS
Celebrating Edmonton’s finest in the housing industry By Salina Yara Halabi
O
n Saturday, April 25, members of the housing industry stepped out in style to celebrate the Canadian Home Builders’ Association – Edmonton Region 2015 Awards of Excellence in Housing. The annual gala took place at the Shaw Conference Centre and honoured Edmonton’s best in home building, renovating, community development, sales and marketing. This year’s soiree was another sold-out event that featured a Bollywood theme. Almost 1,900 guests were treated to an ethnically inspired evening of beautiful live entertainment, an exquisite Indian-infused dinner, and an exciting awards ceremony that recognized some of the greatest work in Edmonton’s competitive housing industry. The evening was filled with celebrations for a year that had showcased outstanding housing projects in the city. There were many winners throughout the night, but the most sought-after award, Builder of the Year, went to Vicky’s Homes for Small Volume, Homes by Avi for Large Volume, and Carrington Communities for Multi-Family. The 2015 awards solidified the exceptional level of quality, innovation, and creativity that is presented in Edmonton’s housing market – arguably one of the best in the country!
For a complete list of winners, visit chbaedmonton.ca
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 47
Best Multi-Family Apartment Style under $250,000 Carrington Communities - Cobalt
Best Multi-Family Apartment Style $250,000 to $325,000 Carrington Communities - Infuse
2015 AWARDS OF EXCELLENCE IN HOUSING WINNERS Advertising Awards Best Print Advertising Hopewell - It’s Already Here
Best Radio Commercial Daytona Homes - Home Sweet Home Best Digital/Media Campaign/Mobile APPS Canada Lands Company - Real Edmonton Home Hunters Best Direct Mail / Email Promotion Rohit Land Development - Up, Up and Away
Best Multi-Family Apartment Style over $325,000 StreetSide Developments - Vanier K
Best Indoor / Outdoor Advertising Walton Development and Management L.P. This bathroom is Not Amazing Best Brochure Package Habitat Studio - Building Your Vision Best Website Carrington Communities - elementsbycarrington.ca
Sales Awards
Rookie of the Year - Single/Multi-Family Pacesetter Homes - Paul Singh Sales Person/Team of the Year - Multi-Family Rohit Communities - Kim Johnson Best Multi-Family - Apartment Building Christenson Developments Ltd. - Bedford Village
Leadership Award Rohit Group of Companies Best Multi-Family Townhouse/Duplex $375,000 to $450,000 Kimberley Homes - Core
48 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
Best Multi-Family Townhouse Duplex under $300,000 Connect Homes - Declan Duplex AA
Multi Family Best Model
Best Multi-Family Apartment Style under $250,000 Carrington Communities - Cobalt Best Multi-Family Apartment Style $250,000 to $325,000 Carrington Communities - Infuse
Best Multi-Family Townhouse/Duplex $300,000 to $330,000 Park Homes Ltd. - B3
Best Multi-Family Townhouse/Duplex $330,000 to $375,000 White Eagle Homes Ltd. - The Emerald
Best Multi-Family Apartment Style over $325,000 StreetSide Developments - Vanier K Best Multi-Family Townhouse Duplex under $300,000 Connect Homes - Declan Duplex AA Best Multi-Family Townhouse/ Duplex $300,000 to $330,000 Park Homes Ltd. - B3 Best Multi-Family Townhouse/ Duplex $330,000 to $375,000 White Eagle Homes Ltd. - The Emerald Best Multi-Family Townhouse/ Duplex $375,000 to $450,000 Kimberley Homes - Core Best Executive over $450,000 Parkwood Master Builder - Salerno Best Multi-Family - Apartment Building Christenson Developments Ltd. - Bedford Village Best Multi-Family - Townhouse/Duplex Project Tapestry Developments - Tapestry Larch Park
Best Sales & Information Centre
Best Sales & Information Centre - Single Family Sabal Homes by Hopewell - Secord Best Sales & Information Centre - Multi-Family Rohit Communities - Aspen Trails
Environmental Award Small Volume Builder Habitat Studio
Large Volume Builder Landmark Group of Builders Multi Family Builder Tapestry Developments
Environmental Certificate Effect Home Builders Perry Signature Homes Rosecrest Homes Jayman MasterBUILT
Builder of the Year
Multi - Family Carrington Communities
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 49
C H BA
E D M O NTO N
AWAR DS
O F
E XC E LLE N C E
I N
H OUSI N G
Celebrating Excellence Congratulations to the winners and finalists of this year’s Awards of Excellence in Housing. Your achievements represent the best of the best within the residential construction industry.
NorthEastEdmonton 8 16710Ave.
M Fo ANNIN GF rt WY. Rd . 34 St.
9
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
2 Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.
3
127 Ave.
20 St.
137 Ave.
34 St.
87 St.
144 Av e.
151 Ave.
. Ave 144 6 11 Ave.
Victoria Tr.
50 St.
66 St.
7
22 St.
5
82 St.
97 St.
. 160 Ave . e v A 153
195 Ave.
4
91 St. 1
104 Ave. North Saskatchewan River
5 BRINTNELL SUMMIT
1 TOPAZ BY PARK HOMES
BY QUALICO LIVING
70-8318 180 Ave.
445 Brintnell Blvd NW
2 ELEMENTS AT HERMITAGE
6 CLAREVIEW VISTAS BY LANDMARK COMMUNITIES
BY CARRINGTON COMMUNITIES
1196 Hyndman Road
3625 144 Ave NW 7 CASSELMAN LANDING
3 STATION POINTE
BY ROHIT COMMUNITIES
#1, 5203 - 149 Ave.
BY BCM HOMES
403 Belvedere Way
8 AIR HARBOUR/ALTITUDE
4 NORTHSHORE
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
9 CY BECKER DUPLEXES BY ROHIT COMMUNITIES
118 Cy Becker Blvd. 10 ELEMENTS AT MCCONACHIE BY CARLISLE GROUP
167 Ave. & 53 Street 11 SAVIDA BY LANDMARK COMMUNITIES
3650 - 139 Avenue NW
BY ROYAL WEST HOMES
175 McConachie Dr.
NORTHEAST EDMONTON | Call Debbie 780.473.9143
FI N A L
SE LL O F F!
elementsbycarrington.ca Please see our ad on the inside back cover
2 BDRM CONDOS FROM THE $180’S 1196 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 51
NEW SHOW HOMES NOW OPEN
ASK ABOUT OUR IMMEDIATE POSSESSIONS
L
THE RADIANCE IN EAUX CLAIRES
ocated at the corner of 95th street and 160th avenue, Footprint Developments presents their exciting new condominium and townhome development in Eaux Claires. Ideally situated just off 97 street, the Radiance is the ultimate home choice for buyers who are looking for convenient, urban style living with an exceptional location. Residents of the Radiance will find themselves surrounded by an abundance of first-rate amenities, including supermarkets, banking, restaurants, schools, and much more. This charming northwest neighbourhood provides access to major roadways that are only minutes away, including the Anthony Henday, allowing for quick and easy commutes in and around the city. Offering two styles of homes to choose from, condos and townhomes, the Radiance development presents numerous home size and pricing options that are sure to suit an array of lifestyle needs. Each Radiance product offers buyers the added benefit of energy efficiency. Built Green, these homes were designed with the environment in mind and have been engineered to maximize efficiency and reduce waste. Each home features double pane windows, energy efficient appliances, low VOC paint, and several other environmental conscious features that add value and plenty of appeal to the property. The four storey condominium building features a modern exterior with brick accents and aluminum cladding. A heated underground
52 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
parkade provides homeowners with safe and secure parking, also ensuring vehicles are warm and snow-free throughout the winter season, while ample visitor parking offers guests convenient access to the main entrance. Spacious common areas, plus pressurized and air conditioned corridors, enhance the building’s comfort. A video security camera entrance system allows for a secure entrance into the Radiance condominiums, providing peace of mind for all residents. Suites range from 601 – 1,168 square feet and are available in one bedroom plus one bath and two bedroom plus two bath options. There are ten floor plans to choose from, including limited availability for a three bedroom plus two bath floor plan option. Each suite features an open
NORTHEAST
concept floor plan with upgraded laminate flooring throughout. A designer lighting package and quartz kitchen countertops compliment the modern design of the suites. Stainless steel appliances, three inch baseboards and Decora style light switches all increase the visual appeal within these beautiful homes. Plus, an in-suite laundry and storage area with stacking washer and dryer offers added convenience. Each home also features a covered balcony allowing homeowners to utilize their outdoor space throughout the year. Radiance townhomes offer spacious home living with the all the benefits and convenience of condo amenities. Perfect for consumers who are looking for multi-level living space, these two storey homes combine urban style and private living. Each three bedroom home offers an extensive list of features, including an oversized two-car garage with flex space, a large balcony with gas BBQ outlet, and beautifully finished exterior with stone accents. The front yards are also expertly landscaped and completed with trees and shrubs. The townhomes’ interiors have been designed with contemporary luxury in mind. Stylish lighting and 8 foot ceilings enhance the open concept style that is presented. An exceptionally spacious kitchen ASK ABOUT OUR NEW PROJECT
THE STRAND IN ROSENTHAL
PERFECT FOR CONSUMERS WHO ARE LOOKING FOR MULTI-LEVEL LIVING SPACE, THESE TWO-STOREY HOMES COMBINE URBAN STYLE AND PRIVATE LIVING features a wrap-around design with a decorative 6” high tile backsplash. Modern flat panel kitchen cabinets and a stainless steel double sink ensure you have plenty of space to cater to family and friends. Five black or white appliances are included with the home, with the option to upgrade to stainless steel. Each townhome has been designed to allow for the most effective use of space and with convenient home living in mind. All bedrooms and living areas feature TV and telephone outlets – ready for use right when the homeowner moves in. With over 67 years of residential and commercial development experience, the Footprint Developments Management team have the knowledge and expertise in creating exceptional apartment condominium, duplex, and townhomes that fit the needs of home buyers. Specializing in efficiently designed homes, Footprint developments provide home buyers with a quality product that features energy efficient technology and convenient designs. Phase one condos at the Radiance are sold out! Phase two is now over 60% sold with prices starting in the upper $100s. Townhomes are in high demand at the Radiance with townhomes in phase one of the development almost completely sold out! Sales are also strong in the second phase of the project and with townhome prices starting from the mid $200s this is definitely an opportunity you won’t want to miss out on! For more information or to learn more about the condominiums and townhomes at The Radiance visit their website at www.radiancecondos.ca or call Suzie at 780.940.1803. Visit the sales centre at 9505 160 Avenue NW, Monday to Thursday from 3 to 8pm. Saturday, Sunday, & Holidays from 12-5pm.
SELLING FAST!
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 53
S OME H R W SHO SUMME THIS
Own your Own Home for as Low as $1,250 per Month! It’s true. It’s possible to own a brand new home at Topaz with just 5% down and monthly payments as low as $1,250. Drop by and ask our sales manager to show you all of your options. Topaz continues the success of our award winning Signature Series of two and three bedroom townhomes: Elegant exteriors with charming window boxes; interiors designed for contemporary living; warm laminate flooring; gourmet kitchens with quartz countertops; elevated nine foot ceilings on the main floor – and every home has an attached double garage!
Prices start at $267,900 incl. GST Pre-sale Centre and show homes can be Viewed at Mirra at Poplar Lake 70 – 8315, 180 Ave Telephone: 780.472.7544 Mon to Thurs: 3 – 8pm Weekend & Holidays: Noon – 5pm
topaz.parkhomes.ca follow us on
and
CRYSTALLINA NERA
St.Albert
MAP LISTINGS
ros e Dr.
Keil lor Dr.
e. Poirier Av
Rd .
1 SAGE GARDENS
St. Al be r
Boudreau Rd. Campbell Rd.
Dr. ins k t A
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Av e. 184 St.
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TO MORINVILLE
3 BOTANICA
BY VI PROPERTIES
BY BOUDREAU DEVELOPMENTS LTD.
25 Element Drive
105 Bellerose Drive
2 CITADEL VILLAGE BY CHRISTENSON COMMUNITIES
St. Albert Trail & Ridge Drive
4 TENOR ON THE RIVER DEVELOPED BY MCLEOD PROJECT MARKETING
35 Sturgeon Road
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 55
IN THE NEWS
Edmonton at low risk of housing market correction By Lydia McNutt
Edmonton’s price increases are on track with buyer demand and levels of personal disposable income. Lower oil prices have slowed the economy, immigration, housing demand and thus, prices. SURVEY SAYS...
According to a recent survey by the Appraisal Institute of Canada,
7% Seven per cent of Canadians plan to
E
dmonton is in the safe zone when it comes to a housing market correction, for now, according to a recent report by Canada Mortgage and Housing Corp. (CMHC) which identifies Canada’s riskiest housing markets. In spite of Alberta’s oil woes, and the sky-high prices in Vancouver and Toronto, Winnipeg and Regina were the chart-toppers when it came to risk level. CMHC identifies housing markets as “overvalued” when real estate price gains have surpassed increases in personal disposable income. Overvaluation is one of CMHC’s risk measures, along with overheating; acceleration in the growth of house prices; and overbuilding. From a national perspective, CMHC observed modest overvaluation across the country, with real estate price gains slightly outpacing personal disposable income, population growth and other factors. But “overheating, acceleration in house prices and overbuilding are not a concern at this time,” the housing authority said. Edmonton’s price increases are on track with buyer demand and levels of personal disposable income. Lower oil prices have slowed the economy, immigration, housing demand and thus, prices. Meanwhile, Calgary is at an increased risk of overvaluation, but the city fared well when it came to overheating, overbuilding and the rate of house price 56 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
buy a home or property in the next year.
69% Of those, 69 per cent are worried about inflated prices.
30% Thirty per cent of those who are not
planning to buy a property in the next year were influenced by the fear of overpaying.
growth. The drop in real estate sales owing to economic uncertainty is expected to temper price growth, “which could lessen the current risk of overvaluation in Calgary,” CMHC reported. While some of Canada’s housing markets have mellowed, this isn’t the case from coast to coast. Meanwhile, real estate prices in other markets continue to rise – out of reach, many fear. The usual suspects would be Vancouver and Toronto, where the average detached home has surpassed the $1 million mark. But in spite of the ever-increasing prices in these cities, Vancouver ranked as a low-risk housing market, while Toronto measured at the moderate risk level. At the other end of the spectrum, Winnipeg and Regina are in the hot seat, posing the greatest threat for a housing market correction, with strong price growth being overshadowed by modest disposable income increases.
FortSaskatchewan ER AT S DW N RE IBBO G
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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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15
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15
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1
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99
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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
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 57
ER UND CTION U STR N O C
Park Homes Signature Series Comes to Fort Saskatchewan Clio is a new generation of Park Homes highly successful Georgian style three bedroom town homes, featuring elegant exteriors with charming window boxes and interiors designed for contemporary living: • • • • •
Warm laminate flooring through open plan main floor Gourmet kitchens with five appliances; Elevated nine foot ceilings on the main floor – and every home has an Extra length two-car garage large enough for a full size truck and a second car! Located in the vibrant new community of Southpointe, close to the city centre
Pre-construction prices start at $289,900 incl. GST Pre-sale Centre open at 8530 94 St. Fort Saskatchewan Mon to Thurs: 3 – 8pm Weekends and Holidays: 12 – 5pm Closed Friday Tel: 780.809.8589
clio.parkhomes.ca follow us on
and
NorthWestEdmonton City Boundary
12 176 Ave. Castle Downs Rd.
2
167 Ave. 162 A ve
.
15
153 Ave. 6 14 8 1 10 4
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 yfi
Kin
ay
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Ave .
111 Ave.
Ma
178 St.
184 St.
170 St.
199 St. 215 St.
156 St.
a whe 118 Ave.
o Yell
109 St.
He
lbe
135 St.
137 Ave.
Dr
11 13
A St.
16
nd ay
142 Ave.
97 St.
150 Ave.
121 St. 113A St.
153 Ave.
127 St.
5 9
148 Ave.
Campbell Rd.
3
Stony Plain Rd.
MAP LISTINGS
1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave. 2 ALBANY TRAILS BY FOOTPRINT DEVELOPMENTS
138 St & 167 Ave. 3 AVIVA BY CARRINGTON COMMUNITIES
507 Albany Way 4 VICTORY LANE BY ABBEY LANE HOMES
2510 Pegasus Blvd. 5 UPPER CARLTON BY REID BUILT HOMES
13838 - 166th Avenue 6 VALOUR BY CARRINGTON COMMUNITIES
508 Griesbach Parade NW
7 BELLWETHER PARK 132 Ave. & 132 St.
13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT
137 Ave & Ray Gibbons Dr.
8 VICTORY PARK
14 JUNO TOWNHOMES
BY ABBEY LANE HOMES
Pegasus Blvd & Sir Arthur Curry Way
BY SLOKKER CANADA WEST
2570 Pegasus Blvd. 15 CAERNARRON KEEP FIRST PLACE PROGRAM
9 THE SILHOUETTE AT CARLTON
BY LANDMARK COMMUNITIES
BY CASSEL COMMUNITIES
14621 - 121 St. NW
15503 - 139 St.
16 STARLING LANDING
10 MCCRAE ESTATES
BY ROHIT COMMUNITIES
BY CHRISTENSON COMMUNITIES
2405 Sparrow Common
4450 McCrae Ave. 11 STARLING DUPLEXES BY ROHIT COMMUNITIES
2407 Sparrow Crescent 12 LEGACY POINTE BY CONCEPT HOMES MASTER BUILDER
18230 - 104A Street
NORTHWEST EDMONTON | Call Eva 587.520.3372
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $193,400
Font: Optima Roman & Bold, all caps & small Caps C:72 M:75 Y:0 K:0
Please see our ad between pages 18 and 19
507 Albany Way
C:23 M:0 Y:45 K:0 C:0 M:0 Y:0 K:85
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 59
FUNDAMENTALLY SPEAKING
WHO AND WHAT TO BELIEVE? By Wayne Karl
F
or homeowners, when someone says your home is drastically overvalued, naturally, you worry. If you’re a prospective homebuyer, such news might cause you to delay your purchase. That’s the power of housing valuations. The problem is, who and what to believe? Here are some recent examples of Canada’s housing valuations, from a variety of sources: Deutsche Bank: overvalued by 60 per cent Bank of Canada: overvalued by 30 per cent International Monetary Fund: overvalued by 11 per cent TD Bank: overvalued by 11 per cent Canadian housing economist Will Dunning: undervalued by nine per cent With such a wide variance in valuations, and using differing measures, who to believe, indeed? “Far too many foreign economists try to make overly simplified statements about foreign housing markets they don’t understand enough about,” Calum Ross, mortgage broker and real estate investor. “Above and beyond the traditional measures, there are a number of less tangible measures, such as the stability of social, political and economic systems at the federal, provincial and municipal level. “Canada represents one of single largest countries in the world and going from coast to coast, Canada is home to a very diverse group of people with local economics that are vastly different,” Ross says. “Saying there is a Canadian housing market is no less ridiculous than saying there is ‘Canadian temperature.’” Thankfully, Canada Mortgage and Housing Corp. (CMHC) added some context recently in its House Price Analysis and Assessment (editor’s note: for more information, flip to page 56), which provided a market-by-market snapshot by Canada’s larger centres. The report attached a risk level – low, moderate or high – for the major cities, using risk factors of overheating, acceleration in house prices, overvaluation and overbuilding. With Regina and Winnipeg, of all places, being the only major centres earning “high risk” assessments, CMHC’s report reminds everyone that housing markets must be assessed on a micro level, not wide-swathing national viewpoints. Canada’s most expensive market, Vancouver, earned a “low risk,” while Toronto, the other market often mentioned in conversations about overvaluation, was ranked as “moderate risk.” “From a pure economic theory standpoint, when interest rates are low, then real asset prices will go up,” says Ross. “Real estate is one of the most
60 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
interest-rate-sensitive sectors of the global economy. When it comes to mortgages, what we know is that people have a tendency to buy payments and be less concerned with total debt. The lower interest rates and longer amortizations allow for lower payment and as long as payments stay affordable – many people won’t get caught up with the sticker shock of more expensive real estate prices.” So, who to believe, next time you see a report on Canada’s housing valuations? Well, a Canadian source such as CMHC is a good start. Otherwise, as experts stress, remember to look at your individual market for a clearer indication, not the national assessment.
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
DowntownEdmonton 118 Ave. 112 Ave.
10
9 Jasper Ave. 100 Ave.
3 97 Ave.
.
82 St. LOW LEVEL BRIDGE JAMES McDONALD BRIDGE
106 St.
Victoria Park Rd. Rive r Va lley Rd
7
w Ro
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2 1 6 5
102 Ave.
d lan
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100 St.
107 Ave.
4 8
wa
105 St.
116 St.
14
109 St.
127 St.
142 St.
144 St.
12
gs
KINNARD RAVINE
t. 95 S
104 Ave.
Kin
. 97 St
124 St.
111 Ave.
101 St.
111 Ave.
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.
12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS
8 STUDIO ED Corner of 116 Street & 106 Avenue
10523 - 123 St. 13 GROVENOR MANOR BY PELHAM MASTER BUILDER
9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS
111 St. & Jasper Ave.
10126 – 144 Street 14 INFINITI ON 105 BY MCLEOD PROJECT MARKETING
10 PEARL BY REGENCY DEVELOPMENTS
105 Street, west of 117 Ave.
Jasper Avenue & 119 Street.
DOWNTOWN EDMONTON | Call Riley 780.705.1350
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
CONDOS FROM $165,900 10604 – 116 Street NW NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 63
269,900
102 AVE NW
104 ST. NW
105 ST. NW
106 ST. NW
107 ST. NW
109 ST. NW
JASPER AVE NW
g ’s n i 0 t r 7 2 a St the
ow l e b
G ROVENOR M A N O R Cut From A DiFFerent Cloth As unique as the historic community it resides in, Grovenor Manor has been designed by one of Edmonton’s
CONSTRUCTION UNDERWAY!
top Architects to provide you the ultimate combination
Fall 2015 Possession
of comfort, quality of living, privacy and style. • Spacious 1 & 2 bedroom suites • 9 foot ceilings • Street - level entrances & private terraces • Secured underground parking & convenient visitor parking
• Minutes from downtown • Close to the river valley • Traveler’s Home Warranty • BUILT GREEN® Silver Certified construction
40 % SOLD
Visit Our Sales Centre 10126 -144 Street Monday -Thursday 3-8 pm Closed Fridays Saturday, Sunday, & most holidays 12-5 pm Please call ahead on holidays! To book an appointment call:
Highest quality in home building!
780.982.2109
www.grovenormanor.com
Edmonton’s best downtown location At 33 stories, Fox Two occupies the centre of Edmonton’s most sought-after downtown neighbourhood — the 104 Street Promenade. Situated on the corner of 102 Avenue and 104 Street, it is the last major tower to be built on this popular street. Fox Two is the final and taller phase of Langham Developments’ Fox Towers project. The first phase — Fox One — is currently under construction and almost sold out. Edmonton’s 104 Street Promenade was one of 4 finalists on the 2013 list of Great Streets in Canada, and is home to eclectic shops, restaurants and a summertime street-wide farmers’ market. Boasting a walk score of 98/100*, residents also enjoy unparalleled walkable and LRT access to the best of Edmonton, including the highly anticipated downtown arena. Another Langham development, Icon Towers completed in 2010, was instrumental in hastening the rejuvenation of this popular neighbourhood, and the Fox Towers project will further cement its popularity.
*www.walkscore.com
Architectural excellence This striking 33-storey tower embodies superior design and quality in every respect. From the expansive glass feature wall commanding spectacular views of the city and river valley, to the bold and colourful suite interiors that reflect today’s most popular trends — Fox Two is modern architectural elegance personified.
Stylish, well-conceived interiors Our dedicated team of designers were charged with creating the most efficient floor plans possible for every suite type in Fox Two. Every fixture, every fabric, every finish was selected to reflect today’s most popular trends and ensure timeless quality, beauty and longevity. From architectural nuances like quartz kitchen countertops paired with sleek and colourful high-gloss kitchen cabinets, to creature comforts like heated parking stalls (at least 1 per unit), Fox Two is a testament to comfortable highrise living. Choose from a total of 169 units in 1-3 bedroom configurations from 640 to 2,400 square feet.
The latest project from Langham Developments Since 2001, Langham has been creating exceptional developments — each imbued with the same unwavering mandate: to deliver strong unrivaled architecture, uncompromised in quality. Langham is among Edmonton’s most experienced and reputable high rise builders, having completed 3 outstanding downtown towers to date: Icon 1, Icon 2 and Omega.
Construction has now started on Fox Two
Visit our Sales Centre on-site at the northwest corner of 102 Ave. and 104 St.
www.foxtowers.ca | 780.425.0369
symphony
TOWER
R
9704 - 106 STREET
(780)701-0058
SouthCentralEdmonton North Saskatchewan River
Whyte - 82 Ave.8 76 Ave.
1
84 St.
10
75 St.
Co nn or s 7 Rd.
90 Ave. 83 St.
6 3 11
99 St.
103 St.
104 St.
9 r. an D hew c t a Sask
95 Ave.
85 St.
105 ST BRIDGE
5
101 Ave. 98 Ave.
92 St.
Sas kat che wa nD 2 r. 87 Ave.
FOOT BRIDGE
JAMES McDONALD BRIDGE
Scona Rd.
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 MILL CREEK PARK BY PARKWOOD MASTER BUILDER
8515 - 99 Street 2 BENTLEY IN WINDSOR PARK BY YORKTON GROUP INT’L
11710 - 87 Ave. 3 THE ARBOR AT AVENUE 83 10002-83 Avenue
4 THE UNIVERSITY BROWNSTONES BY TESSCO
108 St. & 71 Ave.
BY I4 PROPERTY GROUP
104th St & 81st Ave 9 STUDIO ON THE HILL BY I4 PROPERTY GROUP
5 LUMIERE BY INFINITI DEVELOPMENTS
10836-85 Ave. 6 THE ADDISON BY PK DEVELOPMENTS
10024-83 Ave. 7 Le Quartier Condos BY INFINITI DEVELOPMENTS
8627-91 St
8 STUDIO OFF WHYTE
9859 – 90th Ave 10 CASCADE CONDOS BY PK DEVELOPMENTS
9008 85 Avenue 11 PELI AT SCONA BY PELI GROUP OF COMPANIES
8028 101 Street
NewHomeAndCondoGuide.ca | VOLUME 23 ISSUE 06 | NEW CONDO GUIDE 69
SOUTHCENTRAL
Presentation Centre Now Open Saturday & Sunday 12 - 5pm Or by appointment 9008 85 Avenue
sales@cascadecondos.ca 780-940-8852
Luxury suites from the low $300,000s
88 Ave NW
Edmonton’s most anticipated new luxury steel and
Experience the highest standard in construction, the highest end finishes available and spectacular
85 Ave NW
83 St NW
35 new luxury condos. 10 floorplans to choose from.
91 St NW
concrete condominium development is now selling.
82 Ave NW
suites that, working with your personal assistant, you design yourself.* Plus, being situated in the
heart of Bonnie Doon, it’s just steps to great dining, shopping, entertainment and culture. And all from the low $300,000s.
* Two bedroom and penthouse units.
9008 85 Avenue
cascadecondos.ca
70 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
Join us for a BBQ Launch of the Presentation Centre Saturday, May 30 12 - 5pm
PHASE II 85% SOLD OUT! 9 PREMIUM SUITES REMAIN 2 BED - 2 BATHS STARTING AT $314,900 15K UPGRADE PACKAGE INCLUDED FOR FREE
IMMEDIATE POSSESSIONS
• 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
CONSTRUCTION IS NOW COMPLETE
SHOW SUITE: 10811 72 AVENUE THURSDAY 4-6:30PM OR BY APPOINTMENT ANYTIME
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!
HOMEBUYERS’ HELP
You love the condo, see what you can afford!
INTEREST RATES
Calculate your mortgage payments
Amortization Periods
% 5 YEARS
10 YEARS
15 YEARS
20 YEARS
25 YEARS
3.00
17.96
9.65
6.91
5.54
4.73
3.25
18.07
9.76
7.02
5.66
4.86
3.50
18.18
9.88
7.14
5.79
4.99
3.75
18.29
9.99
7.26
5.91
5.13
4.00
18.40
10.41
7.38
6.04
5.26
4.25
18.51
10.23
7.50
6.17
5.40
4.50
18.62
10.34
7.63
6.30
5.53
4.75
18.72
10.46
7.75
6.44
5.67
5.00
18.85
10.59
7.89
6.58
5.82
5.25
18.97
10.71
8.01
6.71
5.96
5.50
19.08
10.83
8.14
6.85
6.11
5.75
19.19
10.95
8.27
6.99
6.26
6.00
19.30
11.07
8.40
7.13
6.40
6.25
19.42
11.19
8.54
7.27
6.55
6.50
19.53
11.32
8.67
7.41
6.70
6.75
19.64
11.44
8.80
7.55
6.86
MONTHLY PRE-TAX INCOME
SPOUSE’S PRE-TAX INCOME
TOTAL PRE-TAX INCOME
DIVIDE BY THREE
AFFORDABLE MONTHLY PAYMENTS DIVIDED BY 12
AMOUNT OF MORTGAGE (PRICE-DOWN PAYMENT)
CHART FIGURE
AMOUNT OF MORTGAGE DIVIDED BY 1,000
AMORTIZATION AMOUNT
AMORTIZATION AMOUNT
ESTIMATED MONTHLY TAXES AND HEAT
MONTHLY PAYMENTS
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse.
05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
02 Divide by three. This figure is the monthly payment you can afford to make on your condo.
06 Add to this your estimated monthly heating costs and monthly property taxes.
03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
04 Refer to the chart above. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
HOMEBUYERS’ HELP
Compare mortgage rates for your best deal VARIABLE
6 MONTHS
1 YEAR
2 YEARS
3 YEARS
4 YEARS
5 YEARS
ATB Financial
2.350
4.000
2.940
2.640
2.540
2.690
2.740
Bank of Montreal - BMO
2.850
4.000
2.890
2.840
3.390
3.890
4.740
Bank of Nova Scotia
2.850
4.550
3.290
3.090
3.390
3.890
4.490
CIBC Mortgages
2.850
4.450
2.890
2.840
3.550
4.140
4.790
Caisses Desjardins
2.850
4.400
2.890
2.990
3.390
3.890
4.740
Canadian Western Bank
3.050
4.000
3.140
3.040
3.650
4.200
4.790
Canadian Western Trust
3.050
4.000
3.140
3.040
3.650
4.200
4.790
-
6.200
2.890
2.890
2.950
2.990
2.790
-
3.090
3.000
2.990
3.090
2.690
Comtech Credit Union DUCA Financial Services
2.650
Effort Trust
-
4.450
3.350
3.500
3.700
4.300
4.350
Equitable Bank
-
-
3.140
3.040
3.650
4.390
4.640
First Calgary Financial
-
4.000
2.890
2.890
2.490
3.090
2.650
First National Financial
2.200
3.100
2.290
2.190
2.340
2.540
2.690
FirstOntario Credit Un.
2.850
4.240
2.990
3.040
3.190
2.990
2.790
HSBC Bank Canada
2.850
4.450
3.140
3.140
3.540
4.240
4.740
Home Trust Company
2.500
3.950
2.890
2.440
2.540
2.640
2.640
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.690
Investors Group Trust
2.850
4.200
3.140
3.090
3.750
4.390
4.790
Laurentian Bank Canada
2.850
4.400
2.890
2.840
3.390
3.890
4.740
League Svgs & Mortgage
-
4.000
2.990
2.250
2.990
2.990
2.790
Libro Credit Union
-
3.750
2.850
2.850
2.890
2.890
2.890
London Life
2.850
4.200
3.140
3.090
3.750
4.390
4.790
Manulife Bank
2.550
4.450
3.000
2.940
2.840
2.790
2.790
Manulife Trust
-
4.450
3.000
2.940
2.840
2.790
2.790
Meridian Credit Union
2.650
4.000
3.090
3.090
3.550
3.290
2.690
National Bank
2.850
4.400
2.890
2.840
3.390
3.890
4.740
-
4.500
3.150
3.500
3.750
3.850
3.950
President’s Choice Fin’l
2.850
6.190
3.190
2.840
3.490
4.040
4.440
Royal Bank of Canada
2.850
3.140
3.140
3.040
3.650
4.390
4.640
Servus Credit Union
-
4.000
2.890
2.840
3.390
3.890
4.640
Steinbach Credit Union
-
-
2.500
2.600
2.700
2.800
2.750
Peace Hills Trust
T-D Mortgage
2.850
3.140
2.890
2.840
3.390
3.890
4.640
Tangerine
3.000
-
3.190
3.240
3.490
3.690
3.790
Rates are subject to change without notice. 74 NEW CONDO GUIDE | VOLUME 23 ISSUE 06 | NewHomeAndCondoGuide.ca
It’s not rocket science, but we can’t promise some chemistry won’t be involved!
NEW
Southside Location
NEW SHOWSUITE
NOW OPEN!
Northside Location
ELEMENTS MANNING!
ELEMENTS WILLOWHAVEN! Condominium living at its finest in a community that is on-the-grow! Nestled in the heart of Ellerslie, Willowhaven is ideal for active living. And, getting around Edmonton is easy with the Henday, 91st Street and Ellerslie all nearby. Affordability and active living means a lifestyle you will love! New Showsuite Now Open!
Elements Manning boasts close proximity to the new Manning Town Centre, which features shopping, restaurants and a movie theatre. Other amenities—like golf courses, parks, and walking trails—are also close by. The Henday and Yellowhead are easily accessible, too. Presentation Centre Now Open!
E
LV D
DRIV
EBB
SB
NING MAN
MIL LE R
50 ST NW
B L VD
NW
153 AVE NW
144 AVE NW 5521 7 Avenue SW 587-521-1444
Condos from the
Manning Drive and 144 Avenue 780-705-9035
$150’s
at one of our locations below
WITH 4 CITYWIDE LOCATIONS, ELEMENTS BY CARRINGTON HAS SOMETHING FOR EVERYONE!
NE
ELEMENTS AT MANNING FROM THE $150’s Manning Drive and 144 Ave 780.705.9035
ELEMENTS AT willowhaven FROM THE $150’s 5521 7 Ave SW 587.521.1444
ELEMENTS AT hermitage NE
FROM THE $160’s 340 Windermere Road 780.469.6976
SE
SW
ELEMENTS AT windermere
FROM THE $180’s 1196 Hyndman Road 780.473.9143
sales hours Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
elementsbycarrington.ca
ER
Showsuite Now Open! • 3 bedroom townhomes from 1,416 square feet • Designer finishing packages available • Conveniently located near the new Meadows Community Centre and Edmonton Public Library. Quick access to the Anthony Henday
STARTING AT $299,900
17B Ave NW
SOUTHSIDE
32 St NW
33B St NW
34 St NW
16B Ave NW
Call Christine at 780.756.8144 1632 33A Street
HOURS Mon-Thurs: 3-8pm Sat, Sun & Holidays: 12-5pm
2015 Awards of
16A Ave NW
EXCELLENCE in HOUSING Builder of the Year MULTI-FAMILY
2014 & 2015 CHBA-Edmonton Multi-Family Builder of the Yea
OPENING SOON!
NW
WEST END Call Mark at 780.705.2511
DR
Windermere Road and Windermere Blvd.
PRESENTATION CENTRE COMING SOON!
ERME
R AY D
WIND
END
TER WI
YH
LLE
GAR
HON
WINDE
RMERE R
D
Carefree Condo Living. An Abundance of Amenities. ANT
ar
PRESENTATION CENTRE
RE BL VD
2015 Awards of
EXCELLENCE in HOUSING Builder of the Year MULTI-FAMILY
2014 & 2015 CHBA-Edmonton Multi-Family Builder of the Year
2
NEW SHOWSUITES NOW OPEN!
Hurry in to preselect your finishes and find out why Jade is West End Edmonton's best condo residence! West | Call Trent at 780.426.1686
WEBBER GREENS DR
1004 Rosenthal Boulevard
WHITEMUD DR
CALLINGWOOD RD
170 ST
SALES HOURS: ANTHONY HENDAY DR
WINTERBURN RD
ROSENTHAL BLVD
Monday - Thursday: 3pm - 8pm Saturday, Sunday & Holidays: 12pm - 5pm Closed on Fridays
WHERE: 1004 Rosenthal Blvd WHEN: June 20th, 2015 from 12:00pm -5:00pm Join us for the unveiling of 2 fabulous showsuites!
507 Albany Way | 587.520.3372
10604 - 116 Street NW | 780.705.1350
• BUILDING 2 NOW SELLING
• Flexible floorplans take open-concept living to the next level
• Exceptional landscaping with easy walkability to neighborhood amenities, parks and ponds
• Convenient downtown location, just minutes from the river valley, recreation, shopping, LRT, Grant MacEwan and NAIT
th W es
N or
l ra nt
• STARTING FROM $193,400
Ce
• Convenient access to St Albert and the Henday
t
• Stainless steel appliances and full-height backsplash
• Ultra-modern studio, one and two bedroom suites • Ample amenities to extend your living space • STARTING FROM $165,900
L so Jad ocate na ab d He e o i • l l out nd ffe n t flo L h o a r • rs am ya sc eb Jad o l i n n o na Ful d o v eC te W e nie mi n l-h f h g n loo e ite t a co Se ond rs m cur ight c m ud ces m an c os: e, do s t u ni D hea erem r ve r ive o b ty o aic ted h oth f e su b igh un th e Ro s e St a derg way- t cab An nth r o s i tho al, rti n und tyle nets ny ba par g c $19 fr king ksp la s 9, 4 o m h
Il o ve ng
hat
•
L fou et Ju n d sti ou n k n r d ow rea t m h at ho I me fin ! ! a ll y
00 on ly
9' cei li
W •
•
2014 & 2015 CHBA-Edmonton Multi-Family Builder of the Year
• CONSTRUCTION UNDERWAY
• CONSTRUCTION UNDERWAY
• Located in North West Edmonton’s most desirable new neighbourhood, Village At Griesbach, which features four lakes, a 24 acre central park, a childrens playground and much more
• Located in the Uplands of Mactaggart, Allure boasts close proximity to stunning natural spaces, fabulous amenities, as well as the Anthony Henday and Whitemud Drive
• 9’ ceilings on all floors
t
th or N
• STARTING FROM $213,900
es hW
• Secure, heated underground parking with storage
• Cast-in-place concrete construction
ut
W es t
4042 MacTaggart Drive NW | 780.756.2230
So
508 Griesbach Parade NW | 780.760.2002
• Double, triple, and quadruple underground parking garages available • STARTING FROM $664,986
Building dreams come true for over 40 years! WITH LOCATIONS THROUGHOUT EDMONTON – CARRINGTON HAS SOMETHING FOR EVERYONE
COMING SOON! Windermere Rd and Windermere Blvd 780.705.2511
SW SW SW
WHYTE AVE
WHITEMUD DR
DR GAR ILLE TERW
SE CEN NW NW NE
northshore
SouthWest
• STARTING FROM $236,300
WINDERMERE BLVD JAMES MOWAT TRAIL
FROM $175,900 6076 Schonsee Way 780.476.1137
30 AVE SW 25 AVE
*SEE OUR AD ON INSIDE BACK COVER
PMS1545: 53M100Y72K 8583 metallic
PMS 2204: 32C2M7Y1K
DR
• Ravine views available with some suites
FROM $213,900 508 Griesbach Parade NW 780.760.2002
ELLERSLIE RD 91 ST
• Full-height backsplash, laminate floors and six appliances included
23 AVE
111 ST
• Walking distance to a vibrant new town centre, future LRT station and recreational complex, Blackmud Creek Ravine and much more
RABBIT HILL RD
FROM $193,400 507 Albany Way 587.520.3372
valour
• IMMEDIATE POSSESSIONS AVAILABLE!
WHITEMUD DR 75 ST
FROM $165,900 10604 - 116 St NW 780.705.1350
aviva
1144 Adamson Drive SW | 587.520.6775
ARGYLL RD
ROSENTHAL BLVD
vibe
SHERWOOD PK FWY HENDAY
ara FROM $187,900 4008 Savaryn Drive SW 780.761.3144
ANTHONY
FROM $664,986 4042 MacTaggart Dr NW 780.756.2230
75 ST
allure
T TR LBER
FROM $236,300 1144 Adamson Dr SW 587.520.6775
ST A
• STARTING FROM $187,900
Élan
YELLOWHEAD TR 142 ST
• Contemporary wood cabinets in designer colours and full-height ceramic subway-style backsplash in kitchen
e’scapes FROM $254,330 11080 Ellerslie Road 780.756.2230
ANTHONY HENDAY DR
• Laminate flooring throughout suite entry, kitchen, living and dining areas
97 ST
• A winter wonderland bringing with it the promise of skating, cross-country skiing and sledding
W
• Access to summer and winter fun in Edmonton's first and only recreational lake community
167 AVE
*
66 ST
CHROME
82 ST
• Located in desirable Summerside
Mon–Thurs 3pm–8pm Sat, Sun, holidays 12pm–5pm Closed on Fridays
IA T R
FROM $299,900 1632 33A Street 780.756.8144
*
TOR
FROM $199,400 1004 Rosenthal Blvd 780.426.1686
SW
W
LAUREL
WINTERBURN RD
SouthEast
jade
sales hours
ALBANY WAY
4008 SAVARYN DRIVE SW | 780.761.3144
TOWNHOMES
VIC
CONDOMINIUMS
11080 Ellerslie Road | 780.756.2230
• Cast-in-place concrete construction
• Personalize your space with a complimentary interior design consultation • Convenient location close to shopping, dining and entertainment with quick access to the international airport and Nisku industrial park
South
• Engineered hardwood floors, stainless steel appliances and overheight ceilings
• STARTING FROM $254,330
P R I N T L O G O A P P L I C AT I O N
6076 Schonsee Way | 780.476.1137
Call or visit one of our sales centres for more information! Condos from the $160’s
For complete promotion details please contact a sales associate or visit one of our sales centres. Terms and conditions apply. Some locations or suites may be excluded. Promotion may end without notice. Cannot be combined with any other offer. E & OE.
NorthEast
S I G N L O G O A P P L I C AT I O N
• CONSTRUCTION UNDERWAY • One bedroom, two bedroom, and two bedroom plus den suites available • Underground heated parking, laminate flooring, window coverings, and six appliances included • Just minutes from shopping, dining and many other amenities • STARTING FROM $175,900
ASK ABOUT OUR NEW PROJECT
THE STRAND IN ROSENTHAL
THIS COULD BE YOUR NEW VIEW! Condos from the high $100s Townhomes from the mid $200s Visit Our Sales Centre at 160 Ave. & 96 St. Monday through Thursday 3-8 PM Weekends & Holidays Noon-5 PM | Closed Friday
780.940.1803
|
RADIANCECONDOS.CA