Edmonton New Condo Guide - Jul 15, 2016

JULY 15 - AUG 12, 2016 VOLUME 24, ISSUE 8, FREE

EDMONTON EDITION

PROUDLY BUILT BY

Condos from the $180’s

CONDO GRAND OPENING AUGUST 13 StonehavenCondos.ca

INSIDE THIS ISSUE

FAMILY VS FACEBOOK: WHO TO TRUST FOR HOMEBUYING ADVICE?

Located just South of Ellerslie Road at 812 Welsh Dr

3 KEY STEPS TO HELP YOU GET INTO THE HOMEBUYING MARKET

MOVE OVER PAINT – WALLPAPER IS HERE TO STAY

MORE TIME MORE CHOICE

MORE FREEDOM The Name In Active Adult Living With over 35 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.

TRE

CEN

NOW N OPE

INFO

ETON PARK ESTATES 5001 Eton Boulevard, Sherwood Park 780.410.0004 • EtonPark.ca

Includes: • Granite Counter-Tops • Stainless Steel Appliances • Air Conditioning

CDLhomes.com

• 9’ Ceilings • Underground Parking (extra stalls available)

Y ONL

3

T LEF

REFLECTIONS 111 Festival Way, Sherwood Park 780.410.0004

• Granite Counter-Tops • Stainless Steel Appliances

• Air Conditioning • 9’ Ceilings • Underground Parking

K WAL S T OU ABLE IL AVA

VILLAS AT LACOMBE PARK • 20x24’ft Double 88 Lacombe Drive, St. Albert 780.903.2465 LacombePark.ca

Attached Garage • Finished Basements • 6 Appliances

• Spacious Floorplans • Hardwood And Ceramic Floors • Gst Included

• Finished Basements • 6 Appliances • Spacious Floorplans

• Hardwood And Ceramic Floors • Gst Included

L EA ID TION OC A L

RIVERS EDGE VILLAS 3090 Cameron Heights Way, Edmonton 780.554.8342

WANT QUALITY??

WE PROVIDE QUALITY

C

R

1 O F YE N R A ED D E E R TI O M F E E O E FF S E

LI M IT

2 NEW SHOWSUITES NOW OPEN! SPACIOUS CONDOS FROM THE LOW $200s

FREE UPGRADES!

780.974.4757 S O L A R A L I V I N G . CA

• Granite counters throughout

• Ceramic tile in kitchen, bathrooms & laundry

1 YEAR FREE CONDO FEES LIMITED TIME OFFER

VISIT OUR SALES CENTRE

127 St.

145 Ave. 12650-142 Ave 142 Ave.

N

Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm Closed Fridays

ONLY

20%

REMAINING… HURRY IN FOR AMAZING PRICES!!

IMMEDIATE POSSESSIONS AVAILABLE

Empty nesters live the

VIPlife

WANT QUALITY??

WE PROVIDE QUALITY

FREEDOM. SPACE. STYLE. NOW.

A fabulous community featuring two bedroom condos priced from the $300s. Ideal for those who are downsizing, our suites are spacious, luxurious and waiting for someone like you. You've worked hard. It's time to reward yourself and live the VIP Life.

Karen@abbeylanehomes.com 2045 Grantham Court

1 YEAR FREE CONDO FEES LIMITED TIME OFFER

1 YEAR FREE CONDO FEES LIMITED TIME OFFER

Building Luxury Lifestyle Communities in the Edmonton area since 1980. abbeylanehomes.com

Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884

AbbeyLaneHomes

@AbbeyLaneHomes1

info@abbeylanehomes.com

MORE POWER TO YOU. An Averton home is more than just a roof over your head—it’s an investment. An asset that’s designed to perfectly match your lifestyle. Thanks to Averton POWER, your dream home is within reach.

The power is yours.

PUTTING OWNERSHIP WITHIN EASY REACH.

Averton is giving you POWER. Averton POWER will help you own a home that is within your financial, emotional and lifestyle needs. We will work with you to build a plan that is easy to understand, and even easier to fulfill. To find out more about Averton POWER visit averton.ca/power.

Pr

e im

c Lo

at

Before buying, you should consider the total cost of a home relative to your budget. It’s easy to forget about property taxes, home insurance and any moving costs. At Averton, we’ll help you develop a buying strategy that works with your budget.

We’ll also match offers to get you a great deal on your home.

ion

SHOWHOME OPENING THIS FALL!

Two to four bedroom townhomes ranging from the low $300s to over $600,000.

No

POWER TIP

oF nd o C

1304 Rutherford Road Ellerslie Road & 119 Street

Call 780.701.7296 pivot@averton.ca

s ee

QUICK POSSESSIONS AVAILABLE!

Two and three bedroom townhomes. Prices starting in the $300s.

539 Chapelle Drive 28 Avenue & 141 Street

Call 780.638.5873 creekwood@averton.ca

n

pe

O me

o

h ow

Sh

QUICK POSSESSIONS AVAILABLE. NO CONDO FEES!

Two and three bedroom townhomes from the $300s.

4003 Blackbird Link 137 Avenue & 199 Street

Call 780.638.0176 starling@averton.ca

Averton will help you develop a home buying strategy and provide helpful advice on how to afford your dream home.

Visit a showhome to speak to a new home professional about POWER today.

Only new home sales are eligible for POWER benefits. POWER benefits are subject to change at any time. See a new home professional for details. Prices and specifications are subject to change without notice. E. & O.E.

averton.ca

Web Directory BUILDERS/DEVELOPERS Abbey Lane Homes Addison Condos Californian Parkland

BUILDERS/DEVELOPERS www.abbeylanehomes.com www.theaddisonoffwhyte.com www.vipliving.ca

Carrington Communities

www.carrington.ca

Cascade Luxury Condos

www.cascadecondos.ca

Centurion Townhomes Christenson Developments Ltd. Coventry Homes Daytona Homes Master Builder Encore Tower Footprint Developments Fox Two Grovenor Manor

www.centuriontownhomes.com www.cdlhomes.com www.coventry-homes.com

www.secordcorners.ca www.solaraliving.ca

Solara at Skyview

www.staffordgreens.com

Stafford Greens

www.symphonytower.ca

Symphony Tower

www.edmontoncondo.com

Tessco Incorporated

www.brass3.com www.rushesofsouthfork.ca www.signatureambleside.com

The Signature

www.ultimatower.ca

Ultima

www.grovenormanor.com

Homes by Avi

www.homesbyavi.com

Park Homes

www.secordchalet.com

Secord Corners

The Rushes of Southfork

www.foxtowers.ca

www.rohitcommunities.com

Secord Chalet

www.encoretower.com www.footprintdevelopments.ca

www.parkwoodmasterbuilder.com

Rohit Communities

The Leger

www.grandedesign.ca

Lang Built Homes

Parkwood Master Builder

www.daytonahomes.ca

Grande Design Homes

Landmark Group

Find your next condo online, it’s easy!

www.landmarkgroup.ca www.langbuilthomes.com www.parkhomes.ca

RELATED BUSINESS Canadian Home Builders’ Association – Alberta

www.chbaalberta.ca

Canadian Home Builders’ Association – Edmonton

www.chbaedmonton.ca

Dangie K-9 Service Inc. Your Condominium Security Specialists

››

www.dangiek9services.com

If you wish to advertise your Web site in our Web Directory please call 587-784-4044

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 9

IF YOU’RE UNSURE OF THE MARKET TAKE ADVANTAGE OF THE OPPORTUNITY TO TEST DRIVE A CONDO

IF YOU DECIDE TO PURCHASE, RECEIVE 6 MONTHS FREE RENT (Inquire for details, not to be combined with other offers)

ARTIST’S RENDERING ONLY

Now selling in 10 locations across Alberta EDMONTON & AREA ViTA EsTATEs - NW MACTAGGART RiDGE GATE - NW CREEkWOOD LANDiNG i & ii - sW AuRORA GREENs - sW HERiTAGE VALLEy sTATiON i & ii - sW ERiN RiDGE GATE - sT. ALbERT Visit our website for all locations

ImmEDIATE

OccupANcY For more information & showsuite locations visit:

CarlisleGroup.ca 780.438.6693

Canadian Home Builders’ Association

OWNED A

O

D

LOOKING FOR A NEW HOME? we can help!

Brand new name, same great app.

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

DOWNLOAD THE APP

contents JULY 15 - AUG 12, 2016 | VOLUME 24 ISSUE 8

50 + online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

buyers’ resources

advice

09 Web Directory

34 Mortgage Advice

in every issue

14

Editors’ Note

32

Neighbourhood Profile

36

What’s Online

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

58 Mortgage Rates

3 tips to get into the homebuying market

by Alyssa Furtado

50 CHBA - Alberta

Family vs Facebook – who to trust for homebuying advice?

by Jim Rivait

52 Money Matters

Good reasons you shouldn’t co-sign someone’s loan

by Gail Vaz-Oxlade

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES

Moe Lalani SENIOR SALES MANAGER, ALBERTA

JULY 15 - AUG 12, 2016 VOLUME 24, ISSUE 8, FREE

Shelley Balla ART DIRECTOR

Megan Pike

ON THE COVER

EDMONTON EDITION

PROUDLY BUILT BY

Condos from the $180’s

CONDO GRAND OPENING AUGUST 13 StonehavenCondos.ca

INSIDE THIS ISSUE

FAMILY VS FACEBOOK: WHO TO TRUST FOR HOMEBUYING ADVICE?

59

Landmark Homes Stonehaven Condos

Wayne Karl Lydia McNutt (on leave) CONTRIBUTING EDITORS

Sonia Bell Sara Duck (on leave) Elisa Krovblit Jackie Marchildon DESIGN EDITOR

Yanic Simard

SALES REPRESENTATIVES

Shelby Biggs 587.357.7402 Natalie Houghton 587.226.1313

NATIONAL CIRCULATION MANAGER

John Jenkins

Located just South of Ellerslie Road at 812 Welsh Dr

3 KEY STEPS TO HELP YOU GET INTO THE HOMEBUYING MARKET

EDITOR

MOVE OVER PAINT – WALLPAPER IS HERE TO STAY

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

Dennis Ng GRAPHIC DESIGNERS

Miguel Cea Mike Terentiev

PO Box 458. Station Main, Edmonton, AB T5J 2K ypnexthome.ca

32 trending

district maps

16

15

North East

39

Southwest

17

Fort Saskatchewan

45

Southeast

51

Leduc

21

North West

53

Beaumont

23

Downtown

inspiration

55

31

South Central

Sherwood Park

48 Design Secrets

35

West

37

Spruce Grove

29

CHBA - Alberta

Supporting efforts to protect Wood Buffalo

Homebuying

6 tips for first-time homebuyers

Move over paint – wallpaper is here to stay

by Jane Lockhart

ADVERTISING Call 587.784.4044 for advertising

rates and information.

CIRCULATION Free distribution in select high-

traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints.

All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

Editors' Notes

SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge

OLD STRATHCONA

MORE PHOTOS ONLINE ypnexthome.ca/old-strathcona

Get it in writing The saying “get it in writing” has never been more important in the case of the new-home purchase, since such a document outlines everything your home will have in it, on it and around it. Otherwise known as the Agreement of Purchase and Sale, the contract spells out the terms and conditions between you and your builder. Without it, if there is a misunderstanding or disagreement, it’s impossible to prove what was agreed upon.

Before you sign a contract, review it carefully with the builder. Ask questions.

Fully understand what it contains. Then take it to a real estate lawyer and have it reviewed. Once it is signed, it becomes a legal document and an agreed-upon contract, so seeking the services of an experienced real estate lawyer is an important step toward ensuring that your dream home becomes a reality.

Let us know how it goes. We’d love to hear from you!

Housing policy under watch

WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

+ get social 14 YPNEXTHOME.CA

At time of writing, the Bank of Canada had yet to make its latest interest rate announcement and Monetary Policy Report.

The expectation was that the BoC would again hold its overnight rate target at 0.5 per cent.

With its Monetary Policy Report and other moves from the federal government, however, many experts expected action.

Potential changes in mortgage regulations and housing policy seem inevitable, if not now then in the coming weeks, after federal Finance Minister Bill Morneau commissioned a

joint federal, provincial and municipal working group to study the housing market, largely to address market stresses in Toronto and Vancouver.

The challenge with any action to tackle skyrocketing prices and declining affordability in these cities will be to not negatively affect other markets where such characteristics do not exist.

Markets such as Calgary, Edmonton and other parts of Canada are experiencing very different conditions than Toronto and Vancouver. Indeed, if anything, they need changes to help, not hinder homebuying activity.

Interact with us on social media: ypnexthome

North East Edmonton 8

Rd .

129 Ave.

120 Ave. 95 St.

118 Ave.

58 St.

122 Ave.

121 Ave.

.

Ave d.

112 Blv a Ad

CAPILANO BRIDGE

MAP LISTINGS

1 TOPAZ 70-8318 180 Ave.

North Saskatchewan River

9 CY BECKER DUPLEXES

BY ROHIT COMMUNITIES

118 Cy Becker Blvd.

BY CARLISLE GROUP

2 ELEMENTS MANNING

BY CARRINGTON COMMUNITIES

142 Ebbers Blvd. NW

167 Ave. & 53 Street 6 CLAREVIEW VISTAS

BY LANDMARK COMMUNITIES

3625 144 Ave NW

3 SAVIDA

BY LANDMARK COMMUNITIES

3650 - 139 Avenue NW

7 CASSELMAN LANDING

BY ROHIT COMMUNITIES

#1, 5203 - 149 Ave.

BY CARRINGTON COMMUNITIES

5510 Schonsee Dr.

104 Ave.

5 ELEMENTS AT MCCONACHIE

BY PARK HOMES

4 NORTHSHORE

Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.

127 Ave.

20 St.

137

Fo rt

132 Ave.

2

Victoria Tr.

137 Ave.

151 Ave.

.

Ave 144 6 3 Ave.

34 St.

87 St.

144 Av e.

M Fo ANNIN GF rt WY. Rd .

34 St.

50 St.

66 St.

7

22 St.

9

1675Ave.

82 St.

97 St.

.

160 Ave . e v A 153

195 Ave.

4

91 St. 1

8 ALTIUS CY BECKER

BY STREETSIDE DEVELOPMENTS

165 Cy Becker Blvd.

SEARCH ONLINE ypnexthome.ca

NORTHEAST EDMONTON | Call Jamie 780.705.9035

elementsbycarrington.ca Please see our ad between pages 50 and 51

CONDOS FROM THE $150’S 142 EBBERS BLVD NW JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 15

Trending

CHBA - Alberta supports move to protect Wood Buffalo residents

THE CANADIAN HOME BUILDERS’ ASSOCIATION - ALBERTA supports

new measures recently announced to protect Wood Buffalo residents from unqualified or unscrupulous contractors.

In May, more than 1,900 residential units were destroyed by devastating wildfires in the Wood Buffalo region.

As residents return home and look for companies to help them rebuild their homes, the province is providing extra support for homeowners.

On June 29, Municipal Affairs Minister Danielle Larivee announced amendments to the New Home Buyer Protection Act and the Safety Codes Act. Builders will be required to complete a builder declaration through the New Home Buyer Registry before applying for a building permit in Wood Buffalo. The changes also allow information to be collected from the builder, including residential construction history, corporate and 16 YPNEXTHOME.CA

financial history and outstanding fines or orders.

CHBA - Alberta CEO Jim Rivait made the following statement at Minister Larivee’s news conference: “Good builders will be able to comply and we believe that will raise confidence levels when choosing a contractor. This is especially important when opportunists are likely to make unrealistic claims about how quickly they can build a home in Fort McMurray. Rebuilding the community will be a long process that will need patience and coordination. It will also require skilled professionals who stand behind the homes they build instead of skipping town if problems come up. There is no short cut to success and we are pleased to see the government step up with increased consumer protection measures at this critical time for people and the community.”

Minister Larivee also announced that information sessions will be held later this summer to educate homeowners and builders about their rights and responsibilities.

Details about the sessions will be released soon.

The Association has called for a coordinated response to the devastating Fort McMurray wildfire and has met with government, industry and other stakeholders to offer information and share solutions to help the community recover. We will continue to be a partner in the process and are currently finalizing the framework of a working group to provide industry input and expertise.

The province also says these changes in the Fort McMurray area are a first step towards developing a longer-term provincial builder-licensing program. Based on the success of this program, builder licensing may be phased in across Alberta.

Fort Saskatchewan ER AT S DW N RE IBBO G

ES UT ON IN ONT M 7 DM E TO

21 ay K hw PAR Hig OD N. O O ERW NT SH MO TES TO & ED MINU 10

Hig hw ay

15

.

2 St

t.

82 S

Westpark Drive

e. ve.

Av 95A A 94 We stp ark 84 St. Wo Blv od d.

Clo sme se re

15

ve.

97 A

BR 17 K UD M ER TO HE IM

1

e.

Av

St. 101

99

e.

Av 99

ay hw Hig

rth No

1

er Riv an w e tch ska Sa

1

Wilshire Blvd.

MAP LISTINGS

1 CLIO

BY PARK HOMES

#94th St Southfort Drive

WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community.

“Move in Next Door...

Neighborly Fort Saskatchewan”.

POPULATION Over 14,700 LOCATED Adjacent to the northeast boundary of the provincial capital, the City of Edmonton & 30 km from downtown Edmonton SCHOOLS 6 Public Schools, 3 Separate Schools, 1 Christian School

GROCERY Sobey’s Station Square, Canada Safeway, Extra Foods, Garden Market IGA RECREATIONAL FACILITIES Dow Centennial Centre, Tennis courts, campground, golf courses, bowling lanes, baseball diamonds, indoor pool, outdoor ice rinks (2), curling rinking, indoor soccer, gymnasium, fitness centre

MEDICAL FACILITIES Hospital, local ambulance, 5 medical clinics PARKS & PATHWAYS 360 hectares of park/recreational/ natural land with 29 km of paved trails for walking, running, biking, rollerblading & cross-country skiing

For more information contact Tanya Stillborn (780) 992-6408 or visit our website at www.fortsask.ca or e-mail: tstillborn@fortsask.ca

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 17

Why pay a

commission to sell your home?

Save the commission and put it towards your rooftop terrace!

LIMITED TIME OFFER

Sell now

299

95

$ $ 599 starting at 95

Learn more today! ComFree.com

1-877-888-3131

Offer ends July 29, 2016. Listings must be activated by August 31, 2016. Applies on regular package prices for residential, multiplex and lot properties in Edmonton serve regions only. This offer cannot be combined with any other offer or promotion. Not intended to solicit currently listed properties or buyers under contract.

St. Albert ros e Dr.

Keil lor Dr.

Sturg eon Rd .

ud re au

e.

Poirier Av

Rd .

Rd .

Dr. ins k t A

1 CITADEL VILLAGE

TO

tT r.

167 Ave.

ED

M

156 St.

St. Al be r

Boudreau Rd. Campbell Rd.

. ve lA l i h urc Ch

170 St. Gerva is

184 St.

Levasseur Rd.

MAP LISTINGS

Bo

Av e.

Ga te

n eo rg Stu

ton ins W Sir

er Riv

2

Ro ad He be rt

ve. yA enn K c M

ron Per

Lacombe Dr.

3 4

. x Rd irou

Kin gsw ood Blvd.

lle Be

1 ert .

St. Alb

G

Element Dr. Erin Rid ge Dr.

TO MORINVILLE

3

ON

TO N

THE LINX

BY CHRISTENSON GROUP

BY CHRISTENSON GROUP

St. Albert Trail & Ridge Drive

88 Lacombe Drive

2 BOTANICA

BY BOUDREAU DEVELOPMENTS LTD.

4

THE TERRACES

BY CHRISTENSON GROUP

88 Lacombe Drive

105 Bellerose Drive

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 19

Alberta’s Nation-Topping Population Growth: A Bright Spot Amongst Recent Benchmarks With less than half of 2016 left, provincial economic outcomes to date have generally reinforced most initial expectations that saw Alberta’s economy contracting this year for a second year in a row. That said, most recent trusted forecasts – like those released by the Conference Board of Canada in June 2016 – have pegged provincial real GDP growth for 2016 at -2%. While this would represent a stronger performance than Alberta’s -4% contraction in 2015, it also indicates that Alberta would be the only major province facing contraction in 2016.

Nationally, Canada’s real GDP is expected to grow by 1.5% in 2016, partially because of strong national housing sales and housing price growth (in May 2016 national existing home sale prices were up 12.5% on a year-over-year basis according to the Canadian Real Estate Association).

By contrast, similar Albertan housing market performance measures have also aligned with the notion that the province’s economy will likely fair the poorest this year.

However, with these losses counted, there have still been some strong wins in terms of Alberta’s housing market’s

2015 Population Composition by Age Cohort (Alberta vs. Canada)

leading indicators. Specifically, Alberta’s population grew faster than any other province in the first quarter of 2016, totaling 4% during that quarter. While this might seem like a head-scratching phenomenon giving all of the above, Intelligence House has noted two reasonable trends that are currently encouraging this growth: 1) Young Family Formation: There were 14,240 babies born in the province, 15% of the total babies born in Canada over that period (for reference, Alberta has roughly 11% of Canada’s overall population). This trend is undoubtedly concurring with the fact that Alberta’s standing adult population is compositionally much younger than the nation as a whole (see the left chart below).

2) Immigration: Canada saw its largest influx ever of international immigrants in the first quarter of 2016 (86,216), a large number of whom were Syrian refugees.

Alberta’s share of that total was 12,050 or nearly 14% (see the right chart below).

Alberta Net Migration 30000 22500

80+ 70 to 79 60 to 69 50 to 59

15000

0

20 to 29

-7500

10 to 19 0 to 9 0%

5%

9%

AB

14%

18%

CAN

Q1 2016

40 to 49 30 to 39

Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015

7500

Net International Immigration (persons) Net Interprovincial In-Migration (persons)

Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence, which includes full research, marketing and sales / leasing services for the real estate industry.

Our Calgary office is now open!

intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk

FOLLOW US ON

North West Edmonton City Boundary

12 176 Ave. Castle Downs Rd.

2 167 Ave.

162 A ve

.

8

1424Ave.

7 132 Ave.

An th

on y

l rai rt T

127 Ave.

ail d Tr

gsw

124 St.

142 St.

149 St.

.

Rd eld

Kin

ay

s . es ve nc A Pri beth a Eliz

Ave .

yfi

111 Ave.

Ma

178 St.

184 St.

170 St.

199 St. 215 St.

156 St.

a whe 118 Ave.

o Yell

109 St.

Dr

nd ay

lbe

He

10

5 135 St.

137 Ave.

11 13

A St.

9

153 Ave. 6 14 1

121 St. 113A St.

150 Ave.

97 St.

127 St.

153 Ave.

148 Ave.

Campbell Rd.

3

Stony Plain Rd.

MAP LISTINGS

1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave.

6 VALOUR

2 ALBANY TRAILS

7 BELLWETHER PARK 132 Ave. & 132 St.

BY FOOTPRINT DEVELOPMENTS

138 St & 167 Ave. 3 AVIVA

11 STARLING DUPLEXES

BY CARRINGTON COMMUNITIES

BY ROHIT COMMUNITIES

508 Griesbach Parade NW

2407 Sparrow Crescent 12 LEGACY POINTE

8 CAERNARRON KEEP FIRST PLACE PROGRAM

BY CARRINGTON COMMUNITIES

BY LANDMARK COMMUNITIES

507 Albany Way

14621 - 121 St. NW

4 ALTIUS SKYVIEW

9 STARLING LANDING

BY STREETSIDE DEVELOPMENTS

12815 Cumberland Rd. 5 ALOFT SKYVIEW

BY STREETSIDE DEVELOPMENTS

12804 - 140 Ave.

18230 - 104A Street 13 STARLING AT BIG LAKE

BY ROHIT LAND DEVELOPMENT

137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES

BY ROHIT COMMUNITIES

2405 Sparrow Common 10 URBAN CENTURY

BY CONCEPT HOMES MASTER BUILDER

BY SLOKKER CANADA WEST

2570 Pegasus Blvd.

BY FOURCHA GROUP

14705-125 Street

SEARCH ONLINE ypnexthome.ca

NORTHWEST EDMONTON Call Mick 780.760.2002

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

Please see our ad between pages 18 and 19

CONDOS FROM $222,900 508 Griesbach Parade NW

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 21

Homebuyers’ Help

Condo hunter’s checklist WHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!

CONDO #1

CONDO #2

CONDO #3

CONDO #4

Project & address:

Project & address:

Project & address:

Project & address:

Salesperson:

Salesperson:

Salesperson:

Salesperson:

Phone:

Phone:

Phone:

Phone:

Developer/builder:

Developer/builder:

Developer/builder:

Developer/builder:

Type:

Type:

Type:

Type:

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

Sq. ft.:

Sq. ft.:

Sq. ft.:

Sq. ft.:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

Interior appliances:

Interior appliances:

Interior appliances:

Interior appliances:

Options:

Options:

Options:

Options:

Parking facilities:

Parking facilities:

Parking facilities:

Parking facilities:

Special incentives:

Special incentives:

Special incentives:

Special incentives:

Price:

Price:

Price:

Price:

Down payment:

Down payment:

Down payment:

Down payment:

Condo fees:

Condo fees:

Condo fees:

Condo fees:

Financing available:

Financing available:

Financing available:

Financing available:

Other comments:

Other comments:

Other comments:

Other comments:

22 YPNEXTHOME.CA

Downtown Edmonton 118 Ave. 112 Ave.

102 Ave.

10

8

Jasper Ave. 100 Ave.

106 St.

Victoria Park Rd. Rive r Va lley Rd

7

3 97 Ave.

.

82 St.

d lan

w Ro

.

Rd

St.

9 2 1 6 5

100 St.

104 Ave.

yA ve .

92

wa

105 St.

116 St.

109 St.

127 St.

142 St.

144 St.

107 Ave.

4

11

gs

KINNARD RAVINE

t.

95 S

12

104 Ave.

Kin

.

97 St

124 St.

111 Ave.

101 St.

111 Ave.

LOW LEVEL BRIDGE JAMES McDONALD BRIDGE

DAWSON BRIDGE

Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE

MAP LISTINGS

1 THE ULTIMA

North Saskatchewan River

6 ENCORE

BY WESTRICH PACIFIC

BY WESTRICH PACIFIC

10244 - 103rd Street

103 St. & 102 Ave.

2 THE FOX

7 JASPER HOUSE

BY LANGHAM DEVELOPMENTS

BY LAMB DEVELOPMENT CORP

104 Street & 102 Avenue

Jasper Ave. & 106 Street

3 SYMPHONY

BY ROCKWOOD PROPERTY MANAGEMENT

9704 - 106 St. 4 VIBE

BY CARRINGTON COMMUNITIES

10604 116 Street 5 ICON

BY LANGHAM DEVELOPMENTS

Jasper Ave., North of 104 St.

8 GROVENOR MANOR

BY PELHAM MASTER BUILDER

11 121 WEST CONDOS AT HIGHSTREET DISTRICT

BY REGENCY DEVELOPMENTS

121 Street & 105 Avenue 12 WEST BLOCK

BY BEAVERBROOK IN HOUSE DEV

Corner of 142 St & Stony Plain Road

10126 – 144 Street 9 THE LEGENDS

BY WAM

104 Ave. & 102 St. 10 PEARL

BY REGENCY DEVELOPMENTS

Jasper Avenue & 119 Street.

SEARCH ONLINE ypnexthome.ca

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

WITH LOCATIONS THROUGHOUT EDMONTON, CARRINGTON HAS SOMETHING FOR EVERYONE.

Please see our ad between pages 18 and 19

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 23

Summer 2017 Occupancy

Fox One now complete and sold out Fox Two progressing quickly, select units available With Fox One completely sold out and fully occupied, Fox Two is the last opportunity to own a brand new luxurious condo on this street.

• Spacious 2- and 3-bedroom units still available • All remaining units include air conditioning • At least 1 heated and secured parking stall included in purchase price • Summer 2017 occupancy • Quartz countertops, high gloss cabinetry, high grade flooring and stainless steel appliances are standard finishes Rapid progress continues on the construction of Fox Two, Fox One complete and occupied.

Live in Edmonton’s best downtown location Fox Two, at 33 storeys, is the taller of the Fox Towers project and is situated on the corner of 102 Avenue and the 104 Street Promenade, the popular and most sought-after downtown Edmonton neighbourhood.

On the list of 2013’s Best Streets in Canada, the 104 Street Promenade is home to eclectic shops, restaurants and a summertime farmers’ market, and has the highest walkscore in the city at 98/100*.

Within two blocks of your doorstep is the new Rogers Arena, the surrounding Ice District, City Center shopping mall, Edmonton’s financial district, YMCA and two LRT lines giving you immediate access to all Edmonton has to offer, including West Edmonton Mall and the University of Alberta.

• Efficient, well-designed floor plans to maximize living areas

• Three high-speed elevators • Breathtaking glass curtain wall and large windows offer building-wide sweeping city views • Architectural excellence and well-conceived, stylish interiors • Superior design and quality, timeless beauty and longevity Another Project by Langham Developments Ltd. Langham Developments is among Edmonton’s most experienced and reputable high rise builders, having successfully completed four outstanding downtown towers to date: Fox One, Icon One, Icon Two and Omega. *www.walkscore.com

Visit our on-site Sales Centre located on 104 St. just north of 102 Ave.

www.foxtowers.ca | 780.425.0369

ONLY 5 UNITS LEFT

IMMEDIATE POSSESSION

1st year’s condo payments on us AND $2,000 IKEA gift card!

LIVE IN THE HEART OF DOWNTOWN Ultima Condominiums

33

STORIES IN MOVE ER SUMM 2016!

• Located at 103 St. and 103 Ave. • Forced air heating/cooling • Floor to ceiling windows • One block from the new arena!

• Rooftop oasis with hot tub, BBQ, fireplace and sundeck • Exercise room • Move in this summer!

• ONLY 11 SUITES REMAINING

43

STORIES

Starting from $360k Encore Tower

• Located at 103 St. and 102 Ave. • EVERY SUITE IS A CORNER SUITE • Forced air heating/cooling • All glass exterior • Floor to ceiling windows in every suite • Sun deck, wading pool and exercise room • Estimated completion mid 2020

Starting from $459k

VISIT OUR SALES CENTRE AT 104 AVE. & 106 ST. Mon- Thur 12pm- 6pm Sat: 12- 5pm

ultima@westrichpacific.com

www.ultimatower.ca

780-803-8777

encore@westrichpacific.com

www.encoretower.com

start your search here.

Whether you’re renting or buying, finding your next home has never been so easy.

Trending

6 homebuying tips for first-timers

By Wayne Karl

PLANNING TO BUY YOUR FIRST home

and not sure where to begin? Here are six homebuying tips to help you prepare.

1 | Get with the programs There are various government programs available to help you buy a home.

Home Buyers’ Plan (HBP): The HBP allows first-time buyers to withdraw up to $25,000 from their RRSP to put toward a down payment on a home. You have up to 15 years to repay the funds.

First-Time Home Buyers’ Tax Credit (HBTC): Eligible first-time buyers can apply for the FTHB to help offset the costs associated with purchasing a home, such as legal fees, disbursements and land transfer taxes. The credit can provide up to $750 in federal tax relief.

More information on these programs is available at cra.gc.ca 2 | Explore your options First-time buyers can buy a home with as little as five per cent of the purchase price as a down payment – as long as the property is less than $500,000.

Anything higher than that, and the minimum down payment for the portion of the price higher than $500,000 is 10 per cent. So, assuming your price range is at that threshold, you’ll need to come up with at least $25,000.

At that purchase price, depending on the market you’re in, this could mean you’d then be looking at a townhome, semi-detached or even a condo, instead of a detached home.

3 | Check with the bank of mom and dad If your parents are baby boomers who have had the good fortune of building equity over the years as they paid down their mortgage while the

value of their property multiplied, well… they may be in a position to help. Many buyers are hitting up the bank of mom and dad. In the last two years, 28 per cent of first-time buyers called on the bank of mom and dad to help finance their purchase; from 2010 to 2014, only 17 per cent did.

4 | Become tech savvy Mortgage consumers are becoming very tech savvy. In Canada Mortgage and Housing Corp.’s 2015 Mortgage Consumer Survey, 78 per cent of respondents researched online, with 70 per cent using an mortgage calculator to help determine their payments. And social media is playing a more important role – 20 per cent used sites such as Facebook to learn more, 17 per cent used a mobile device, and of those, 22 per cent used a mortgage related app. And all of these figures are growing.

5 | Befriend a broker or banker Like many things in life, it’s all about relationships. And whether you use broker or a banker to secure a mortgage, you’ll likely come to value the relationship. In the same CMHC

MORE TRENDING ONLINE ypnexthome.ca/news

survey, consumer loyalty strengthened the longer people stayed with their lender. But since we’re talking about money, people are willing to switch lenders to get a better rate and save – a fact which is much more prevalent for bankers than brokers. And because brokers are able to offer products from multiple lenders, as opposed to bankers who offer only the products of their own institution, the market share held by brokers is growing notably, particularly among repeat buyers.

6 | Research, research, research These days, with prices rising as they are and uncertainty in some markets, thorough research is an absolute must. Everything from your target area, desired housing type, builder or realtor, finances, how much you can afford, who you borrow from and the structure of your mortgage – take your time. Take months. Don’t rush anything. Anything.

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 29

DON’T BE AFRAID TO MIX METALS! Many people today are asking, “Is it okay to mix metal finishes in my home?” Not only is it okay, it creates a luxurious and interesting space.

Something we are all trying to achieve! Metals are the jewelry of the interior design world. Weather it is used on lighting, textiles, walls or furniture.

If you have visited a home décor store recently, it is likely you have noticed a strong resurgence of gold. Try pairing gold with bronze, black, brushed nickel or chrome in your home or even the same room. For a more layered look combine three or four finishes in your space.

Fabrics are an inexpensive way to change the feel of your space. Try adding pillows or a throw blanket with a metallic thread. If you really want to embrace this look try changing one of your end tables perhaps a metal and glass combination.

Do you want to start but do not want to invest a lot?

Start with small items like a gallery wall with silver and bronze picture frames.

Remember to keep mixing metals when selecting lighting, faucets, bath hardware, railing and door hardware for your new home.

As trends in metal finishes come and go, no one wants to go to the expense of changing all the metal elements in their home. This proves to be costly and time consuming. Try adding a contrast metal finish with accessories and repeat a finish at least 3 times in a room. You can also change out a lamp for one that combines gold, black and brushed nickel, as shown in the above photo.

Kim Campbell | Interior Designer for Landmark Homes

LandmarkHomes.ca it’s what’s inside

South Central Edmonton North Saskatchewan River

84 St.

75 St.

85 St.

Co

n 7 nors 2 Rd.

90 Ave. 83 St.

103 St.

104 St.

1

6

95 Ave. 92 St.

105 ST BRIDGE . n Dr ewa atch k s a S

5

101 Ave. 98 Ave.

Scona Rd.

Sas kat che wa nD r.

87 Ave.

FOOT BRIDGE

JAMES McDONALD BRIDGE

99 St.

109 ST BRIDGE

114 St.

Groat Rd .

GROAT BRIDGE

79 St.

106 Ave.

DAWSON BRIDGE LOW LEVEL BRIDGE

CAPILANO BRIDGE

Whyte - 82 Ave.3 76 Ave.

4 51 Ave.

MAP LISTINGS

1 THE ARBOR AT AVENUE 83 10002-83 Avenue 2 Le Quartier Condos

BY INFINITI DEVELOPMENTS

8627-91 St 3 STUDIO OFF WHYTE

4 THE UNIVERSITY BROWNSTONES

7 CASCADE LUXURY CONDOS

BY TESSCO

BY PK DEVELOPMENTS

108 St. & 71 Ave.

9008 - 85 Ave

5 LUMIERE

BY INFINITI DEVELOPMENTS

10836-85 Ave.

BY I4 PROPERTY GROUP

6 STUDIO ON THE HILL

104th St & 81st Ave

BY I4 PROPERTY GROUP

9859 – 90th Ave

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 31

Neighbourhood Profile

Old Strathcona Celebrated and vibrant

Fast facts Average household income

$90,943 Family structure

By Salina Yara Halabi

SINGLES

COUPLES

FAMILIES

51%

35%

14%

Own vs. rent

67%

RENTERS

33% OWNERS

Education levels

45%

MORE PHOTOS ONLINE ypnexthome.ca/old-strathcona

UNIVERSITY

32% HIGH SCHOOL

23% COLLEGE SOURCE: ENVIRONICS

ONE OF EDMONTON’S MOST

celebrated and vibrant communities, Old Strathcona is filled with an array of unique shopping, dining and entertainment venues that add to the unique charm of the area.

Lifestyle Immerse yourself in culture, art and the festival experiences that have established Old Strathcona as a premiere community.

Residents enjoy the simple joys of this historic neighbourhood: beautiful architecture, rustic natural surroundings and an overall distinctive twist on urban living. No matter the season, events are always taking place within the dynamic streets of Old Strathcona.

Vibe Tree-lined streets, boutique shops and cosy cafes make Old Strathcona a wanderer’s paradise. This community offers residents and visitors a relaxed

and cool atmosphere. With a farmer’s market and a thriving art and theatre district, this neighbourhood doesn’t run short on character. Known for its live music and theatre, Old Strathcona is a hub for both local and international artists who perform in various venues throughout the community.

Meet the neighbours The sprawling University of Alberta Campus is on the doorsteps of Old Strathcona, so expect to see a large number of young adults in the community. Students seek refuge in coffee shops and park areas to catch up on studies, and take advantage of the entertainment available on Whtye Avenue. This historic community is also home to long-time residents and young families who embrace the pedestrianfriendly and easy-going lifestyle.

Planes, trains & automobiles Part of the charm of Old Strathcona is the community’s walkability.

You’ll see a lot of pedestrian traffic throughout the area – something not commonly found in other Edmonton communities. Summer months bring cyclists out into community’s welcoming streets. Public transit is available throughout Old Strathcona, and major roadways that lead to the downtown core and other key city zones are easily accessible.

The good, the bad & the rest Amenities are in high supply throughout Old Strathcona. More than 600 businesses ensure that shops and services are conveniently located near residential areas. You’ll also find plenty of greenspaces to enjoy, including the popular Dr. Wilbert McIntyre Park. Top-notch education options are found within the community or nearby, including the University of Alberta campus, which is home to world-class hospital and research facilities.

Salina Yara Halabi is a freelace writer based in Edmonton.

32 YPNEXTHOME.CA

Monday - Thursday 2-7 PM, Saturday - Sunday 12- 5 PM, Friday Closed 9008 85 Avenue sales@cascadecondos.ca | 780-902-3172

Luxury suites from the low $300,000s Steel and Concrete Construction - SERENITY - A quiet little spot in the world where traffic and the pace of life is slower.

- SANCTUARY - A secure and established community, a well-constructed building, small enough to know your neighbors.

- SATISFACTION - Feeling good about your decision, knowing that your new lifestyle is going to be the best it’s ever been.

CONSTRUCTION STARTING LATE SUMMER 2016

It’s your time to enjoy life

Advice | MORTGAGE ADVICE

First-time homebuyers 3 steps required to get into the market

By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

PURCHASING A HOME will be one of the biggest investments you’ll ever make. If you’re just starting to look, there are a few steps you’ll need to take before you can buy a home.

Determine how much you can afford First, you have to determine what you can afford. Your affordability is based on your household income, your current monthly debt payments and the costs associated with owning a home (such as property taxes, heating costs, and condo fees).

A lender will also look at two ratios to figure out how large your mortgage can be. The first is called the gross debt service ratio. Your monthly housing costs for (principal and interest, taxes, and heating costs) shouldn’t be more than 32 per cent of your gross income. The second is called the total debt service ratio, which includes your housing costs as well as any loan expenses (such as credit card and line of credit payments, and car loans or leases).

This ratio shouldn’t be higher than 40 per cent of your gross income.

You also have to come up with enough money to make a down payment. You’ll need to have a minimum of five per cent. If you’re able to come up with a down payment of 20 per cent or more, you won’t need mortgage loan insurance.

And you should also have money saved for closing costs, which could be between 1.5 and four per cent of the purchase price of your property.

34 YPNEXTHOME.CA

Dip into savings Once you’ve determined how much you’ll need, you’ll have to find a source for your down payment and closing costs, one of which can be your RRSP. Under the Home Buyers’ Plan, you can withdraw up to $25,000 from your RRSP on a tax-free basis as long as the funds have been in the plan for more than 90 days.

If you’re purchasing a property with a partner who’s also a firsttime buyer, you’ll each be able with withdraw $25,000.

Keep in mind that the money has to be paid back starting the second year after you make the withdrawal and you have up to 15 years to repay the amount. If you don’t make an annual payment, you’ll have to declare it as taxable income on your tax return for that year.

If your RRSPs or other savings aren’t enough, your family may be able to help you. In fact, an April 2015 BMO survey found 42 per cent of first-time buyers expect their parents or relatives to help pay for their first home.

Shop for a mortgage It can pay to shop around. If you and your partner go with the first mortgage rate you find, you could end up paying a lot more.

Let’s assume the following: you plan on buying a $500,000 home with a $400,000 mortgage, your amortization period will be 25 years, and you have a five-year fixed rate of 3.5 per cent. That means your total mortgage payment will be $1,997 a month.

But if you do a little research, you could save some money. If you’re able to get a mortgage with a fiveyear fixed rate of 2.5 per cent, your payments will be $1,792, a difference of $205 a month or $2,460 a year.

That’s why you should look for the best mortgage rates.

You need to be ready financially before you’re able to purchase a property. Knowing what steps are involved to become a first-time homebuyer will allow you to start your search for buying a home.

Alyssa Furtado is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

231 St.

West Edmonton Yellowhead Trail

124 St.

7

87 Ave.

WHITEMUD FWY.

QUESNELL BRIDGE

69 Ave. 199 St.

4 6

GROAT BRIDGE

142 St.

149 St.

163 St.

2

159 St.

175 St.

8 1

170 St.

95 Ave. 182 St.

Rosenthal Blvd.

102 Ave.

Stony Plain Rd. 100 Ave. 156 St.

178 St.

ANTHONY HENDAY

3

Stony Plain Rd.

107 Ave.

a en d.

Bu ta R Vis

Winterburn Road (215 St.)

Secord 12 Blvd.

5 10

Ma yfie ld

Rd .

111 Ave.

Callingwood Rd.

9 35 Ave

MAP LISTINGS

North Saskatchewan River

11

1 THE CALIFORNIAN PARKLAND

BY ABBEY LANE HOMES

2035 Grantham Court 2 GROVENOR MANOR

BY PELHAM MASTER BUILDER

10126 – 144 Street 3 SECORD CORNERS

BY FOOTPRINT DEVELOPMENTS

9535 - 217 Street 4 STAFFORD GREENS

BY STAFFORD GREENS LTD

62 Ave & Getty Gate

5 JADE

9

BY CARRINGTON COMMUNITIES

1004 Rosenthal Blvd

RIVERS EDGE

BY CHRISTENSON COMMUNITIES

3090 Cameron Heights Way

6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd

10 RENEW IN ROSENTHAL

7 THE VANIER

11 HAVEN TOWNHOMES

BY QUALICO LIVING

BY DAYTONA

1 &2 8209-217 Street NW

BY BROOKFIELD RESIDENTIAL

9820 165 Street

7385 Edgemont Way

8 VIP AT CALIFORNIAN PARKLAND

12 SECORD CHALET

BY HOPEWELL

#5, 320 Secord Blvd

BY ABBEY LANE HOMES

2035 Granthan Court

SEARCH ONLINE ypnexthome.ca

WEST EDMONTON

Call Trent 780.426.1686

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

CONDOS FROM $194,900 Please see our ad between pages 18 and 19

1004 ROSENTHAL BLVD

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 35

What’s Online

Trending now The latest real estate news from across Canada

Having Pride in the neighbourhood READ THE STORY ONLINE ypnexthome.ca/neighbourhood-pride

Canada’s most expensive real estate TAKE THE QUIZ ONLINE ypnexthome.ca/expensive-homes

High design on a budget READ THE STORY ONLINE ypnexthome.ca/design-budget

Affordability worsens in Vancouver and Toronto, says RBC

Want more great articles like this delivered directly to your inbox?

SIGN UP FOR OUR NEWSLETTER

READ THE STORY ONLINE ypnexthome.ca/affordability-worsens

Twitter @ypnexthome @ypnexthome_EDM

Facebook ypnexthome

Visit our website: 36 YPNEXTHOME.CA

ypnexthome.ca/newsletter

Instagram ypnexthome

Pinterest ypnexthome

Spruce Grove Ha

rv 2 Ridg est e Dr

Jennifer Heil Way

4

MAP LISTINGS

Vanderbilt Common

r ve D Gro est W

1

3

1

2

1 SILVERLEAF AT JUBILEE PARK 500 Grove Dr 2 EDGEWATER VILLAS

BY LANG BUILT HOMES

Just off of Harvest Ridge Dr

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 37

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!

South West Edmonton Lansdowne Dr.

104 St.

51 Ave.

105 St.

111 St.

119 St.

34 Ave.

Rabbit Hill Road

2

19

14 13

Ellerslie Road

17

21

26 23 8

25

127 St.

141 St.

16

22

7 4

Anthony Henday Dr. Ellerslie Rd.

3

30 Ave.

9

6

50 St.

10

23 Ave.

Blackburne Drive

91 St.

24

MacEw an Road

Parsons Rd.

2

9 Ave.

20

101 St.

15

19 Ave.

Saddleback Rd.

Dr.

James Mowatt Tr.

Ha dd ow

14

91 St.

23 Ave.

18 11

66 St.

1

40 Ave.

SOUTH

WHITEMUD DR.

Ter will ega rD r.

ay Dr. y Hend Anthon

North Saskatchewan River

Belgravia Rd.

Calgary Trail North QE II

Riverbend Rd.

Fox Dr.

113 St. 109 St.

76 Ave.

QUESNELL BRIDGE

41 Ave.

MAP LISTINGS 1 THE LEGER

BY BRASS III DEVELOPMENTS

625 Leger Way 2 LUX CONDOS

7 CANVAS TOWNHOUSES

BY BROOKFIELD RESIDENTIAL

4470 Prowse Rd SW 8 JAYMAN MODUS 3837 Powell Wynd SW 9 ELAN

BY CARRINGTON COMMUNITIES

1144 Adamson Dr SW 1306C Windermere Way 10 ELEMENTS AT WINDERMERE 3 VISTAS AT

BY CARRINGTON COMMUNITIES CALLAGHAN NORTH 340 Windermere Rd.

BY Z2

BY ROHIT COMMUNITIES

2632 Bowen Way SW 4 ATRIA

BY PARK HOMES

2803 James Mowatt Trail 5 ALLURE

BY CARRINGTON COMMUNITIES

4042 MacTaggart Dr 6 ALLARD TOWNHOMES

BY ROHIT COMMUNITIES

675 Allard Blvd SW

11 GROVE ON 25TH TOWNHOUSES IN THE ORCHARDS

BY BROOKFIELD RESIDENTIAL

3305 Orchards Link SW 12 CREEKWOOD LANDING

BY CARLISLE GROUP

11804 - 22 Ave SW 13 E’SCAPES

BY CARRINGTON COMMUNITIES

14 CROSSROADS OF RUTHERFORD

BY STREETSIDE DEVELOPMENTS

1816 & 1820 Rutherford Dr 15 THE SIGNATURE

BY WESTRICH PACIFIC

5151 Windermere Boulevard 16 GLENRIDDING HEIGHTS TOWNHOMES

BY ROHIT COMMUNITIES

16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 ALTIUS GRAYDON HILL

19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES)

BY LANDMARK COMMUNITIES

7504 May Common 20 SOUTH TERWILLEGAR

BY PARK HOMES

4105 - 7323 South Terwillegar Dr. 21 LANGDALE TOWNHOMES

BY ROHIT COMMUNITIES

704 176 Street SW 22 PIVOT RUTHERFORD

23 CREEKWOOD CHAPELLE

BY AVERTON HOMES

28 Ave & 141 St 24 TRIUMPH AMBLESIDE

BY STREETSIDE DEVELOPMENTS

1115 Armour Link SW 25 LINK CONDOS AT ELLERSLIE

BY REGENCY DEVELOPMENTS

11189 Ellerslie Road 26 VISTA POINTE IN CHAPPELE GARDENS

BY AVERTON HOMES

BY BROOKFIELD RESIDENTIAL

Ellerslie Rd & 119 St

2905 141 St SW

BY STREETSIDE DEVELOPMENTS

1005 Graydon Hill 18 THE SANDS

BY BROOKFIELD RESIDENTIAL

4050 Savaryn Dr

SEARCH ONLINE ypnexthome.ca

11080 Ellerslie Road

SOUTHWEST EDMONTON Call Craig 587.520.6775

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

CONDOS FROM $244,400 Please see our ad between pages 18 and 19

1144 Adamson Drive SW

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 39

SOUTH WEST

W

hen people think about the typical apartment-style condo in Edmonton they think about a 600–800 sq ft home. That’s why BRASS III’s new project, The Leger, will come as a pleasant and unexpected surprise. Designed for those who love the Riverbend area, who want the maintenance-free lifestyle that a condo offers, but who want lots of living space, The Leger delivers.

the community’s main transit hub on 23rd Avenue. It’s also proximate to grocery stores, shopping, restaurants, cafes, doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple.

BRASS III has an excellent reputation as a builder of choice in the Riverbend/Terwillegar area. They know the community, they know the amenities and residents, and they know how to build great projects (they’ve built over a dozen projects in the area to date). This is amplified at The Leger.

The Leger’s 60 units include two-bedroom, two-bathrooms, and are between 1,250 and 1,550 sq ft. All units features nine-foot ceilings, premier finishings like hardwood and tile floors, granite countertops, seven appliances (stainless steel appliances in the kitchen) and oversized balconies. All homes are self-contained, too, with their own hot water tank and heating system, and in-suite laundry.

The building will also have low condo fees because there are no common amenities in the building—other than the heated underground parking. Instead, resources are put toward towards elements like soundproofing and improved construction materials.

The Leger is in a prime location, in the heart of Terwillegar. It is steps from the new multimillion dollar Terwillegar Community Recreation Centre (with its pools, indoor track, gym, gymnasiums, ice sheets and indoor playground) and just a quick hop to

42 YPNEXTHOME.CA 40 YPNEXTHOME.CA

There are a handful of floorplans to choose from, and suites starts in the low $300’s.

Now selling and possessions start in April 2016. Of course, the sooner you get in the more choice you have on floorplans and units.

So swing by the sales centre today at 625 Leger Way. Mon-Wed 4pm-7pm, weekends 1pm-5pm. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.

BRASS3.COM

EXPECT THE UNEXPECTED AT the LEGER

DISCOVER THE

UNEXPECTED...

...DISCOVER

the LEGER

AN EXCITING NEW DEVELOPMENT BY

BRASS III LOCATED IN THE HEART OF TERWILLEGAR JUST STEPS TO REC CENTRE & TRANSIT STATION

NOW 90% SOLD

SHOW SUITE NOW OPEN! Leger Blvd

Rabb

ay Leger W

TERWILLEGAR REC CENTRE

rR

TRANSIT STATION

LOCATED AT 625 LEGER WAY

REGISTER ONLINE

Terwilleg

ar Dr

d

ay rW ge Le

23 Ave

• Only 60 Suites • Upgrades included • Large suites ranging in size from 1255 to 1550 sq ft

FOR EXCLUSIVE UPDATES AND PROMOTIONS: BRASS3.COM

Leger Gate

ge

l Rd

it Hil

Le

SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL

780.918.0678 /

OFFICE

780.439.7000

ARTFUL LIVING A LLUR E INSP I R E S A L I F E S T Y L E THEY SAY A PICTURE IS WORTH A THOUSAND WORDS. That’s certainly true for Carrington Communities’ new south Edmonton condo project, the 47-suite Allure. The renderings of the contemporary west coast architectural building (think stucco, stone, and aluminum panels in rich woodgrain), enhanced by the community’s ponds and green space, speak volumes about how this project is unlike anything this city has ever seen. The stunning lobby, the contemporary and chic dining room, the yoga studio and fitness centre, the suites, the two-, three- and four-car garages…this project is second to none.

Yes, you read that correctly. Allure is offering Edmonton homeowners something exceptionally uncommon for this city – luxury condos with two underground parking levels comprised of guest parking and private two-, three- and four-car garages for owners’ cars, motorcycles or other prized possessions. “We’re filling a niche,” says Kathy Douglas, project manager for Allure. “The project is inspired by people who know what they want—the worry-free lifestyle of a condo but in a luxurious setting with space for their valued belongings, including but notwithstanding, their vehicles. It’s the first of its kind in Edmonton and we’re really excited about it.” In short, Allure is for people who don’t want to compromise lifestyle and location for convenience.

Allure’s location is The Uplands of Mactaggart in 42 YPNEXTHOME.CA

the city’s southwest. It’s situated amongst luxurious executive homes, overlooking a serene pond, and next door to both fine dining and a nature sanctuary—the Mactaggart Sanctuary, a stunning nature reserve full of native flora and fauna.

Allure is also just minutes from several parks and walking trails including Terwillegar Park, which will soon be connected to the river valley trail system via the Terwillegar Park footbridge. There are also plenty of lifestyle and professional amenities in the area just minutes away.

Yet, homeowners won’t need to leave the building to take advantage of lifestyle amenities. Allure boasts a Members’ Lounge with poker table, wet bar and flat screen TVs and a Celestial Conservatory for anyone wishing to lose themselves in the stars. For those wishing to entertain or unwind outside, Allure has a Rooftop Terrace that boasts spectacular views from all angles. And if you’re into throwing dinner parties, you can charm and delight your guests in Allure’s stately Silver Salon. With its elegant decor, demonstration kitchen and ample seating, it’s sure to charm your company and make for a memorable evening. If your company is from out of town, guests can retire for the evening in comfort and style: Allure has two Sojourner Sanctuaries. No need to say “goodbye” to your guests; say “good morning” instead! Finally, there’s also the Precision Athletic Club, with state-of-the-art fitness

equipment and flat screen TVs, and the Satya Studio, an in-house yoga studio open to all homeowners.

Allure’s luxury suites range from 1,312 sq. ft two bedroom suites to two bedroom plus den 1,678 sq. ft homes, and each suite’s interior design is completely customizable. “These are anything but cookiecutter,” exclaims Douglas. “Homeowners can choose our lovely standard design features, or they can customize.” She muses: “So if you want Swarovski crystal door handles, we’ll do our best to find them for you.” All Allure clients have the opportunity to customize their homes, assisted by an interior designer, through Carrington’s in-house Interior Design Studio. The team will work with you to ensure all your needs are met when it comes to creating your perfect space.

Speaking of perfect, the suites’ “standard” gourmet kitchens are perfect for any amateur or seasoned chef, and come with stainless steel appliances, slide-in gas range and built-in dishwasher with hidden control panel. Homeowners also have the option for a fully integrated refrigerator and dishwasher with paneled doors to match the kitchen cabinetry. Kitchens also include quartz countertops, sparkling full height glass tile backsplash and recessed pot lights. The spa-inspired ensuites have dual sinks, elegant quartz countertops, spacious glass showers and stunning faucets and hardware.

Carrington always takes special care to incorporate the latest green innovations throughout the entire planning and building process. Allure is no exception.

The suites have easy-to-maintain, sustainable engineered hardwood flooring, low VOC interior paints and finishes, thermally broken, triple-glazed aluminum, low-E, Argon-gas-filled windows, Energy Star appliances, water-saving plumbing fixtures, and individually controlled heating in each suite.

Allure homes start in the mid $600,000s, and the project is currently pre-selling with move-in to start in summer 2017. Fore more information about this one-of-a-kind project, visit liveatallure.ca, call Kathy Douglas at 780.756.2230 or email kdouglas@ carrington.ca.

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 43

10

THINGS TO DO TODAY TO HELP THE ENVIRONMENT

S

ometimes, it’s the little things that make a big difference to help save the environment. Even the tiniest changes in your daily routine can be effective. Small actions can help change the world, so, to do your part, begin today by carrying out the following activities and checking off the ten items on this checklist:

! Turn off all lights, computers and power bars in rooms not being used ! Set your thermostat to a lower temperature before you leave the house ! Wash your clothes in cold water and hang dry, when possible ! Change one light bulb to an energy-saving light bulb ! Turn on the energy-saving option on your work computer and printer ! Call an energy advisor for a quote on a home energy audit and ask how an attic insulation upgrade can help save energy in your home ! Measure your attic to prepare for an attic insulation upgrade ! Visit your local home building supplies store and pick up enough insulation to insulate your attic with at least 15 inches of PINK FIBERGLAS® insulation

! Visit www.pinksavesenergy.ca for steps on how to top-up on your attic insulation ! Visit the Natural Resources Canada website at www.oee.nrcan.gc.ca to learn about the rebates available when you upgrade your attic insulation The colour PINK is a registered trademark of Owens Corning © 2009 Owens Corning. All Rights Reserved.

– News Canada 44 YPNEXTHOME.CA

75_Ten Things_21/3

South East Edmonton North Saskatchewan River

106 Ave.

101 Ave.

BASELINE RD.

98 Ave.

90 Ave.

ood Park Fwy. Sherw

17 St.

d. rR pe Ro

86 St.

63 Ave.

34 St.

.

Rd yll Arg

50 St.

99 St.

76 Ave.

75 St.

83 St.

Whyte - 82 Ave.

Whitemud Fwy.

51 Ave.

38 Av e.

39 Ave.

8

43 Ave.

34 Ave.

2

4 1

Millwoods Rd.

91 St. Calgary Trail North QE II

1

23 Ave.

91 St.

66 St.

9 6 10

41 Ave.

5

LARKSPUR LANDING

9

SOUTHERN SPRINGS

BY LANDMARK COMMUNITIES

BY ROHIT COMMUNITIES

BY PARK HOMES

5503 - 3 Ave. SW

2845 - 43 Ave NW

655 Watt Blvd.

ARA

6

WALKER LAKE LANDING

7

BY CARLISLE DEVELOPMENTS

Corner of Welsh Dr. & Watt Blvd SE TAMARACK

BY LANDMARK COMMUNITIES

655 Tamarack Rd.

AURORA

BY MELCOR HOMES 1090 & 1092 Watt Promenade SW

4008 Savaryn Dr. SW

4

Ellerslie Rd.

7

2

CHARLESWORTH

50 St.

Parsons Rd.

3

BY CARRINGTON COMMUNITIES

3

4

Anthony Henday Dr. 216

101 St.

MAP LISTINGS

30 St.

5

ELEMENTS AT WILLOWHAVEN

10

THE VILLAGE AT WALKER LAKES

BY LANDMARK COMMUNITIES 804 Walsh Drive SW.

BY CARRINGTON COMMUNITIES 5521- 7 Avenue SW

8

ASPEN MEADOWS

BY LANDMARK URBAN LIVING

43A Ave. & 23 St.

SEARCH ONLINE ypnexthome.ca

SOUTHEAST EDMONTON Call Amanda 780.761.3144

STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA

CONDOS FROM $190,900 4008 Savaryn Drive SW

Please see our ad between pages 18 and 19

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 45

Trend alert…shiplap WRITTEN BY: C. MARIE HEBSON

From the country to the beach, modern contemporary to traditional - shiplap is the building material everyone’s talking about. But what exactly, is shiplap?

Shiplap is a wooden board that’s often used for constructing sheds, barns, and other rustic buildings.

Traditional shiplap has a rabbet (or groove) cut into the top and bottom, which allows the pieces to fit together snugly, forming a tight seal. This also gives shiplap its distinctive appearance, with horizontal lines/reveals between each board. In the past it was more commonly installed on the vertical, today it is more commonly installed on the horizontal.

46 YPNEXTHOME.CA

Lately shiplap has become a popular choice for interior finishes, thanks to its rustic charm and subtle texture. Whether you choose to use real shiplap or fake the look by applying MDF boards to your drywall it’s a great way to add texture to your home. As you can see from the varying degrees of distressing and antiquing, it is up to you to create your perfect ship lap feature wall.

Shown here are a compilation of images and items found online to compose Marie’s article. Should you want information on any of these products, don’t hesitate to contact our design studio.

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 47

Inspiration | DESIGN SECRETS

Move over paint,

WALLPAPER is here to stay

By Jane Lockhart | Photography by John Heineman | Courtesy of Sorbara Group of Companies

48

FOR THOSE OF YOU WHO lived as

adults through the 1980s, you may view wallpaper as a thing of the past.

But, if you are buying a new home, or are faced with the challenge of decorating a new space, wallpaper may be front of mind. Wallpaper is coming back, but not in the way you may think. It has been reinvented and has become trendier than ever.

As we said goodbye to balloon curtains, high hair and neon colours, we thought wallpaper was on that list as well. It turns out, wallpaper manufacturers very savvy marketers, and their efforts are reflected in today’s interior design.

Wallpaper has moved past chicken boarders in the kitchen, large and bold floral patterns, or entire rooms covered in the same look. We are seeing wallpaper used in new and exciting ways. There is now textured paintable wallpaper, wallpaper for focal walls, or fun designs that can be used in small spaces.

The powder room is the best place to have fun and experiment with colour, texture and new designs. It is

a place where you can shut the door and walk away, but your guests will love your efforts. One of our favourite powder rooms was done in all-black wallpaper with trendy light and bathroom fixtures. Because powder rooms are on the smaller side, going with a dramatic colour or pattern is not too overwhelming.

Creating a focal wall is another area when we use wallpaper a lot. Again, we are seeing things in wallpaper we have never seen before. There are large shapes and patterns that can be applied to the wall individually. Also, the focal wall doesn’t have to be a full wall, it can be a section or maybe it is a design that carries over slightly to the adjacent wall.

Anther trend in wallpaper is the introduction of metallics. Gold has been huge for the last couple of seasons and this has also been evident in wallpaper. There are endless examples from neutral wallpaper peppered with gold geometric shapes to black wallpaper with large gold fans. And, since wallpaper is no longer themed, these can be used in just about any room in the house!

Faced with the task of decorating a completely new space, sometimes it pays off to take risks and think outside of the box. Using wallpaper lets you do both. Not only have there been advancements in the wallpaper

ABOVE LEFT

The Graham and Brown (grahambrown.com), wallpaper in this powder room works perfectly with the mirrored vanity in the small space.

OPPOSITE PAGE

In this powder room, we went with a strong wallpaper from Graham and Brown (grahambrown.com), that features large horizontal lines to create visual contrast.

ABOVE RIGHT

In this dining room the neutral wallpaper from Graham and Brown (grahambrown.com), is used with custom wainscotting and built-ins to create a unified look.

patterns, but also in the product itself. Most companies have prepasted wallpaper that lasts longer and is more durable. A nice added bonus is the grid on the back that a lot of companies as using. This allows the homeowner to ensure straight cuts when lining up to an edge or matching the pattern on the next sheet. If you are unsure of your abilities, you can always hire a professional to hang it as well.

However you decide to decorate your new space, just make sure it is something that you love and that speaks to you, after all, you have to live in it.

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 49

Advice | CHBA ALBERTA

Family vs Facebook: Who to trust?

By Jim Rivait

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE’S ALWAYS NEWS ABOUT THE HOUSING SECTOR because it’s such a

big part of the economy and homes are central to our quality of life. Here’s a selection of the newest research and analysis.

First-time buyers Buying a home is a rewarding but demanding process – especially for those entering the market for the first time. A new survey by the Canada Mortgage and Housing Corp. sheds lights on the experience of first-time buyers.

Younger buyers use social media when hunting for a home much more than those over 35. Facebook is the top source. While Facebook friends are important, family still comes first. Almost 40 per cent of first-time buyers said family members had the most influence on their decision.

Family and friends likely hear a lot about the top concern of first-time buyers – unexpected expenses. That’s a legitimate worry because almost 40 per cent were faced with immediate repair bills. One way to eliminate this concern is to opt for a new home where a 10-year warranty provides a lot of peace of mind.

Following the trends Housing markets are closely connected to population trends.

Edmonton’s market boomed over that last few years when lots of people were headed to the Capital region looking for jobs.

We all know the drop in oil prices 50 YPNEXTHOME.CA

has reduced the flow of Canadians moving here, but that’s not the only factor in population growth.

Immigrants from other countries are boosting Alberta’s population. That’s helped by a baby boom in young Albertan families. As a result, Alberta remains the country’s fastest growing province.

That may help to explain why there has been little change in homes prices or much relief from high rental rates. For example, Edmonton MLS prices are down just 0.5 per cent in the last year. Rental rates in the city are down just 0.3 per cent even though they soared more than 40 per cent during the boom years.

New home market Construction of new single- and multifamily homes has declined from the sky-high levels we saw last year, but there are still a lot of singles, couples and families who see an opportunity to enter the housing market for the first time or move to something that better meets their needs.

During the first five months of 2016, construction started on more than 4,000 single- and multi-family homes. That doesn’t get much

media attention, compared to the 31 garage suite permits granted in Edmonton during all of 2015. Yet it’s an important employment boost and signal of confidence in the long-term prospects for the economy.

A new report from ATB Financial says construction levels are actually now on par with the Canadian average after periods when we were doubling the national pace.

Edmonton is now the fourth busiest new home market in Canada, trailing only the much larger cities of Toronto, Vancouver and Montreal, and has more homes under construction than the combined total of Ottawa and Winnipeg.

The Canadian Home Builders’ Association – Alberta represents over 1,600 business members including new home builders, renovators, developers, trade and supply companies, and professional services.

Jim Rivait is Chief Executive Officer of CHBA – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.

lvd .

Leduc

48 St.

50 Ave.

50 St.

Grant MacEwan Blvd.

High way 2

rt B Bridgepo

Telford Lake

Black Gold Dr. Black Gold Dr.

Dr. Park South

St. 50

1

Hig hw ay

Rollyview Rd. 2A

Dr. Southfork 3 2

Simpkins Wynd

MAP LISTINGS

1 WINDROSE

3 SOUTHFORK

BY LANDMARK COMMUNITIES

BY JAYMAN MODUS

61 Windrose Drive

319 Southfork Dr

2 THE RUSHES OF SOUTHFORK

BY HUNTER RESIDENTIAL DEVELOPMENTS

401 Southfork Drive

WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion.

A great place to call home!

POPULATION 39,000 and growing “Small city” living within minutes of “Big city” amenities

SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems

LOCATED 20 kilometers south of Edmonton on Hwy. 2

GROCERY Variety of shopping

RECREATIONAL FACILITIES Black Gold Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library

MEDICAL FACILITIES Full Service Community Hospital and Full Ambulance service PARKS & PATHWAYS 27 parks including Telford Lake, Fred John’s Park & Lions campground

For more information contact The City of Leduc (780) 980-7177

SEARCH ONLINE ypnexthome.ca

Affordability

THE

ADVANTAGE!

by HUNTER RESIDENTIAL DEVELOPMENTS

2 bedroom, 2.5 bathroom townhomes with attached garage from $264,900!

To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL kit@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 51

Advice | MONEY MATTERS

Good reasons why you should not co-sign

By Gail Vaz-Oxlade

PEOPLE HAVE GOOD HEARTS. And people often feel they should do something to help friends and family when the going gets tough. Hey, I’m all for offering help when it’s needed. But you should consider any financial help you offer as a gift, since loans often cause huge problems when it comes to repayment time. Here’s a letter I received recently: …continued on page 54 52 YPNEXTHOME.CA

Gail, I need some help. I don’t know what to do. My sister-in-law and brother-in-law are constantly in a mess, financially. They have young kids, and both my husband and I love those children. We don’t want to see them lose their home. But I also am very afraid of how our help could hurt us. My sister-in-law has asked us to co-sign a consolidation loan to help them out of the mess they have made. She’s a rampant shopper. He can’t manage to make his business work. My husband wants to do it, but I’m afraid that if we do this it might get in the way when we go to buy a home next year. Am I just being selfish?

–D

7 Min. to Edmonton

Beaumont 1

Coloniale Way

Rue Montalet

44 St.

50 St.

57 St.

55 Ave. 52 Ave.

50 Ave. 2

43 Ave.

60 St.

3

30 Ave. Hwy 625

MAP LISTINGS

1 COVENTRY HOMES 50 Ave. & 57 St.

(Nisku Rd.)

2 GOUDREAU HEIGHTS

3 MONTROSE ESTATES

BY CHRISTENSON COMMUNITIES

BY SABA HOMES

3311 – 67 Street

4900 - 62 St.

WELCOME TO BEAUMONT Come visit us and discover why “Life Is Better In Beaumont” POPULATION Approximately 8,361 LOCATED 2 miles South of Edmonton on 50 Street SCHOOLS 5 Schools from Kindergarten to Grade 12, French Immersion offered in all GROCERY Sobey’s & Extra Foods RECREATIONAL FACILITIES Beaumont Regional Activities Centre and numerous outdoor facilities

MEDICAL FACILITIES 10 minutes to Grey Nuns Hospital, seved by Edmonton Ambulance PARKS & PATHWAYS Approximately 170 acres of parkland and 6 kilometers of interconnected walkways

For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 53

…continued from page 52

D, you are not being selfish. Wanting to stay solvent so you can make your own dreams come true is not a selfish act. It’s a sensible act. And while your heart may go out to your family, particularly the kids, who is to say that another loan is actually going to solve the problem? What have your sister-in-law and brother-in-law done to demonstrate they’re serious about their debt problems? If their solution is simply to get a consolidation loan, that’s not enough.

Here are more reasons why you should think twice about co-signing for their consolidation loan: People who need a co-signer can’t qualify on their own because the lender believes they will default. I have heard of the odd positive cosigning experience like a young adult with no credit history whose parents sign on because they know their kid is a stand-up person who would sooner die than stick them with debt. But I’ve heard five times as many negative stories: parents who have been stuck

MORE ADVICE ONLINE ypnexthome.ca/news/advice

with their children’s irresponsible behaviour; family who watch as the primary signer goes bankrupt leaving them holding the loan. If a body can’t qualify for a loan on its own merits, you have to wonder if you’re actually doing that body a favour by adding more weight to their debt load.

Co-signed debt is 100 per cent your debt. A lot of people don’t seem to realize this, I’m not sure why since it is clearly stated in all the loan paperwork. But here it is in black and white: If the primary borrower drops dead or defaults on the loan, you are 100 per cent responsible for repaying any loans you may have co-signed.

It doesn’t matter that you didn’t get the money. It doesn’t matter that the primary borrower swore you were off the hook. The reason you’re co-signing is to guarantee repayment, and if the lender can’t get blood from

one stone, it’ll come looking for your stones.

Co-signed debt is factored into calculations that determine whether you’ll get approved for any kind of borrowing, including a mortgage.

That’s right. Since you’re on the hook for that $27,000 loan you co-signed for, that’s $27,000 less you can borrow for your own purposes. Again, people seem not to realize that there is a limit to how much lenders will let you take on. Perhaps it’s because lenders have been so lax with this particular rule that folks think credit is unlimited. Well, the credit bucket is not bottomless. Taking on the responsibility of co-signing could mean your ability to borrow for your own goals is thwarted.

So how do you say no to family or friends who see you as financially stable and a good resource for solving their problems? Try this…

Tonya, both Paul and I would love to help, but right now we’re just not in a position to do so financially. We would be happy to sit down with you and Tony to talk about ways you could clean up the financial mess you’re in. And we’d be happy to help in other ways, like taking the kids when you guys are working extra hard to get that debt paid off. But we can’t co-sign right now. What else can we do to help you?

If Tonya and Tony stomp out in a huff because all they want is your signature, you can count your blessings. It would only be a matter of time before that co-signed loan came between you anyway.

At least now you’re not also on the hook financially.

Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever and blogs daily at gailvazoxlade.com

54 YPNEXTHOME.CA

Sherwood Park Hwy. 16

ay sW de

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

4

2

Lakeland Dr. 1

ver Bar Rd. Clo

Pa lisa

6

Jim Commo nD r.

Baseline Rd.

14

Wye Rd.

Sherwood Park Fwy.

.

Wye Rd.

Range Rd. 232

MAP LISTINGS

Range Rd. 233

14

21 d Blv

TO EDMONTON

Brentwood Blvd.

ood Dr. Sherw

Grana d

a

14X

Sherwood Dr.

Broadmoor Blvd.

3 5

Beauvista Dr.

1 SUMMERWOOD DUPLEXES

5 REFLECTIONS

BY ROHIT COMMUNITIES

BY CHRISTENSON GROUP

100 Axbridge Gate

5001 Eton Blvd.

2 ASPEN TRAILS

6 ASPEN TRAILS DUPLEXES

BY ABBEY LANE HOMES

BY ROHIT COMMUNITIES

Axbridge Gate off of Lakeland Dr.

100 Axbridge Gate

3 ETON PARK ESTATES

BY CHRISTENSON GROUP

Emerald Hills Aspen Trail & Eton Blvd.

4 LAKELAND RIDGE

BY LANDMARK COMMUNITIES

219 Charlotte Way

SEARCH ONLINE ypnexthome.ca

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 55

Find Your Home at Eton Park Estates

Show Home Now Open

C

hristenson Developments welcomes you to explore Eton Park Estates! This beautiful development is found within the desirable Emerald Hills community - a sprawling 50 acre Urban Village that is located on Sherwood Park’s north side. Eton Park Estates is a four-storey condominium placed within the centre of an array of first-rate amenities, such as a 7.5 acre scenic park, walking trails, and over 40 retail and service outlets. Strategically situated, Eton Park Estates also

56 YPNEXTHOME.CA

offers convenient access to a major roadway, Yellowhead Trail, allowing for easy commutes to and from Edmonton.

Showcasing 56 beautifully designed condominiums, Eton Park Estates provides numerous living options for homeowners to choose from, which are sure to meet a wide variety of consumer lifestyle needs. Starting at the amazing price of $242,900, home options include: one bedroom plus den that range from 755 sq.ft to 1,010 sq.ft., and two bedroom options ranging

from 1,055 sq.ft to 1,330 sq.ft..

Plus, a limited quantity of two bedroom plus den homes at 1,120 sq.ft are also available! In addition to the quality condos available, homeowners will enjoy an impressive grand lobby; plus, have access to a substantially sized in-building exercise room, as well as a guest suite that is perfect for out of town visitors.

Each Eton Park Estates suite is expertly designed with a modern open concept floor plan that maximizes the functionality of each space.

IES

N

U

P

OF

P

A

CH

ON

GRO

The features within each home are outstanding and include six stainless steel appliances, striking granite countertops, laminate flooring, and each balcony and patio is equipped with a gas line for BBQ use. Additional features within each suite include Alterna tile flooring in the bathrooms and utility room that provides extra durabilty and best available sound proofing between each condo. Bonus touches like pots & pans drawers and window coverings enhance appeal of the stunning suites. Residents won’t have to worry about unbearable heat in the summer months, as the building is equipped with an excellent air conditioning system for effective climate control.

The purchase price of the home also includes GST, one heated underground parking stall, and a handy storage cage.

Homeowners can rest assured their Christenson Developments home is a product that has been constructed with no detail overlooked.

The exterior of the building has been constructed with the durable and maintenance free Hardy Panel product that also boasts plenty of curb appeal and longevity. Resident comfort and convenience is top priority at Eton Park Estates,

S T E NS I R

COM

and nearby amenities don’t run short. Millennium Place, a new Community Hospital, plenty of shopping options, plus coffee shops, restaurants and banks are all located nearby.

This is the perfect opportunity to join the flourishing Emerald Hills community and become a member of the Eton Park Estates family! At already 50% sold, the chance to join this sought-after destination won’t last much longer – so don’t miss out!

For more information on this spectacular project visit the sales center at 5001 Eton Blvd, Sherwood Park. Monday – Thursday from 1pm-6pm and Weekends & Holidays from 1pm-5pm. Learn more by visiting cdlhomes.com or call 780-410-0004.

JUL 15 - AUG 12, 2016 | NEW CONDO GUIDE 57

Homebuyers’ Help

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial

2.6

Alterna Bank

2.35

Bank of Montreal

2.7

Bank of Nova Scotia

2.9

Canadian Western Bank CIBC

6 months

1 year

2 years

3 years

4 years

5 years

4 4.00op 4 6.30op 4 6.75op 4.55 6.45op 4 6.45op

2.94 4.00op 2.85 6.30op 2.89 6.75op 3.29 6.50op 3.14 6.30op 2.84 6.35op 3.14 3.14 6.35op 2.84 3 3.20op 3.14 6.70op

2.29 4.00op 2.09

2.44

2.49

2.59

2.59

2.74

2.58

2.99

3.39

3.89

2.49

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.79

2.44

4.09

4.79

3.04 2.7

3.65 3.39

4.39 4.09

4.64 2.7

2.84 2.94

2.84 2.84

2.89 2.79

2.89 2.89

3.04

3.39

2.74

2.84

2.79 2.39

3.34 2.44

3.99 4.39

4.44 4.64

2.84

2.29

3.89

2.59

3.24

3.49

3.69

3.79

2.7 6.95op

Equitable Bank HSBC Bank Canada

2.79

ICICI Bank Canada Manulife Bank

2.75 2.6

National Bank

n/a

President’s Choice Finan Royal Bank

2.70 2.6

TD Canada Trust

2.6

Tangerine

2.7

4.45 6.20op 4.45 4.4 6.70op

6.75op

3.14 6.75op 2.99 6.30op 3.19

TRUST COMPANIES Community Trust Effort Trust

n/a n/a

Home Trust Company Investors Group Trust

2.35 n/a

MTCC

2.9

6.5 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

3.25 3.5

3.95 3.7

4.39 4.3

4.64 4.35

2.14 3.09

2.34 3.39

2.59 3.89

2.59 2.74

3.09

3.39

3.89

4.49

4 6.30op 6.2 6.40op 3.1 4.25 6.50op 4.2 6.50op

2.85 6.30op 2.84 6.30op 2.29 2.89 6.50op 3.14 6.30op 3.25 6.25op 2.84 6.30op 2.99 6.30op 2.8 2.95op 2.39

2.09

2.59

2.74

2.58

2.89

2.95

2.99

2.89

2.24 2.79

2.39 2.89

2.49 2.95

2.54 2.89

3.09

3.39

3.89

4.74

3.2

3.65

4

4.5

2.79

2.64

3.89

2.44

2.69

3.49

3.99

4.64

2.85

2.95

3.05

3.15

2.39

2.39

2.49

2.49

OTHER FINANCIAL INSTITUTIONS Alterna Savings

2.35

Comtech Credit Union

2.6

First National Fin. LP IC Savings

2.7

London Life

n/a

Luminus Financial

3.25

Meridian Credit Union

2.4

PACE Savings & C.U.

4 5 6.70op

Parama Credit Union

2.65

Steinbach Credit Union

2.25

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE July 4, 2016. Prepared By Fiscal Agents Financial Information Services 905.844.7700

58 YPNEXTHOME.CA

TIME TO

STOP RENTING?

NO NEED TO KEEP PAYING RENT FOR ANOTHER MONTH! CHOOSE THE PERFECT CONDO FOR YOU! OWN A TWO BEDROOM CONDO FROM

$930 A MONTH*

Grand Opening August 13 - 2 Brand New Show Suites

812 WELSH DR SW | 780-701-3086 | StonehavenCondos.ca

$734

OWN A ONE BEDROOM CONDO FROM A MONTH* 3670 - 139 AVE NW | 780-701-3093 | LIVEatSAVIDA.ca

$970

OWN A TWO BEDROOM CONDO FROM A MONTH* 2229 - 44 AVE NW | 780-701-3085 | AspenMeadows.ca * Monthly mortgage amount based on 2.89% with a 5 year fixed rate and 25 year Amortization Period with 5% down payment. Monthly mortgage amounts include CMHC Insurance Premiums. Monthly mortgage amounts do not include property taxes or condo fees. Rates are subject to change. Some conditions may apply, visit the sales centre for details.

PROUDLY BUILT BY it’s what’s inside

A PLACE WHERE MEMORIES A

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

CHOOSE YOUR PLACE 1

BEARSPAW CROSSING STARTING FROM LOW $300’s

2

KERNOHAN RAVINES STARTING FROM LOW $280’s

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

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

CALL: 780-702-3124 VISIT: 1508 - 105 St NW

CALL: 780-702-8360 VISIT: 415 Clareview Rd NW

*Rates are subject to change. Some conditions may apply, visit the show home for details.

ARE MADE

it’s what’s inside

OME • BEARSPAW CROSSING • KERNOHAN • LAUREL LANDING • VILLAGE AT WALKER LAKES • TOWNHOMES • FIRST HOME • BEARS

3

LAUREL LANDING STARTING FROM LOW $300’S

4

VILLAGE AT WALKER LAKES STARTING FROM $270’s

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

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

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

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

THIS MOMENT ON US Save more, do more. From now until July 31st, when you purchase your home you will receive 50% off all your interior upgrades*. Such as quartz countertops, hardwood flooring, electric fireplace, and everything else you’ve always wanted. Save cash on your home, so you can:

*Som

anned l p u o y p urope tri E e h t e Tak r friends  with you val with i t s e f c i s e mu Catch thdies  ke time a l your bud y l i m a ski for f t e j e h t rniture Get u f  r  e n g i s rendy de ill envy. t e h t t e G  iends w r f r u o y l al

ly.

s app

dition

e con

livebrookfield.com

is where you want to live 50 ST

NN ING DR

R IA T TOR

82 ST

YELLOWHEAD TRAIL

75 ST

R RT T LBE

WHITEMUD DR

ANTHONY

ST A

142 ST

ANTHONY HENDAY DR

FROM THE $150’s

YELLOWHEAD TR

WINTERBURN RD

MANNING

144 AVE

VIC

167 AVE

Occupancies in the fall.

Make us an offer now!

MA

Y WAY

ALBAN

66 ST

142 ST NW

ELEMENTS AT MANNING

WHYTE AVE

SHERWOOD PK FWY

DR NW TER WIL LEG AR

WINDERMERE BLVD ELLERSLIE RD

7 AVE SW

34 ST NW 50 ST SW

WINDERMERE RD

70 ST

SALES HOURS Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

23 AVE

75 ST

• Neighborhood boasts central pond, walking paths and green spaces

ELEMENTS AT WINDERMERE

WHITEMUD DR

111 ST

NORTHEAST • Located near Manning Town Centre, close to a theatre, retail Call Jamie at 780.705.9035 Manning Drive and 144 Ave and restaurants

HENDAY DR

ARGYLL RD

16A AVE NW

54 ST ELLERSLIE RD SW

elementsbycarrington.ca

ELEMENTS AT WILLOWHAVEN

WILLOWHAVEN

Immediate possessions available.

Make us an offer today!

FROM THE $160’s • Located in the heart of Ellerslie, an engaged and dynamic community that’s on-the-grow

SOUTHEAST Call Nav at 587.521.1444 5521 7 Ave SW

• All the amenities of an established community; along with shopping, restaurant and entertainment options

SALES HOURS Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

*No condo fees for 1 year.

WINDERMERE

In Edmonton’s most prestigious neighborhood.

Your Space

• Contemporary designer finishes in common areas and corridors • Secure underground heated parking • Stacking washer and dryer included with in-suite laundry • Contemporary cabinets in designer colours • No condo fees for 1 year

Your Neighborhood

The community of Windermere sits at one of the highest elevations in the Edmonton area, which provides spectacular views of the North Saskatchewan River valley.

A network of pathways make it easy to leave the car at home and walk to the local schools, shops and many other services, including an 18 hole golf course and country club.

*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.

Your Lifestyle

SOUTHWEST South West Edmonton’s stylish Call Mark at 780.469.6976 suburb that delivers an urban centre 390 Windermere Road lifestyle.

Make us an offer we can’t refuse...and move in today!

Condos from the $170’s

SALES HOURS

Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays

WITH LOCATIONS THROUGHOUT EDMONTON – CARRINGTON HAS SOMETHING FOR EVERYONE

FROM $194,900 1004 Rosenthal Blvd 780.426.1686

167 AVE

SW

YELLOWHEAD TR

SE NW

WHYTE AVE ARGYLL RD

DR ILLE

RABBIT HILL RD 23 AVE

ALLURE

DR

GAR

WHITEMUD DR

TERW

NW

ROSENTHAL BLVD

ESCAPES

ELLERSLIE RD

*For complete promotion details please contact a sales associate or visit one of our sales centres. Terms and conditions apply. Some suites may be excluded.

Promotion may end without notice. Cannot be combined with any other offer. E & OE.

Mon–Thurs 3pm–8pm Sat, Sun, holidays 12pm–5pm Closed on Fridays

91 ST

CEPT

ED

sales hours

111 ST

AC

JAMES MOWAT TRAIL

ELAN

30 AVE SW

HENDAY

NE

SHERWOOD PK FWY

75 ST

FROM $235,400 5510 Schonsee Drive 780.476.1137

75 ST

T TR LBER

northshore

VIBE

WHITEMUD DR

valour FROM $222,900 508 Griesbach Parade NW 780.760.2002

ANTHONY

ST A

142 ST

FROM $202,700 507 Albany Way 587.520.3372

ANTHONY HENDAY DR

JADE

aviva

WINTERBURN RD

FROM $656,696 4042 MacTaggart Dr NW 780.756.2230

ara

E R F F O

IA T

R

allure

66 ST

VALOUR

82 ST

FROM $244,400 1144 Adamson Dr SW 587.520.6775

97 ST

SW

Élan

FROM $190,900 4008 Savaryn Drive SW 780.761.3144

NORTH SHORE

AVIVA

TOR

SW

e’scapes FROM $246,900 11080 Ellerslie Road 780.756.2230

VIC

W

jade

ALBANY WAY

Edmonton’s largest multi-family builder must move IMMEDIATE POSSESSIONS to make way for exciting new developments!

Building dreams come true for over 40 years!

ARA

25 AVE

Simon says..

All immediate possessions must go!

Make us an offer!

Make us an offer we can't refuse!

Call or visit these great locations for more details !

NORTHWEST

Free kitchen Upgrade!

Live in the Village at Griesbach!

*For complete promotion details please contact a sales associate or visit one of our sales centres. Terms and conditions apply. Some suites may be excluded. Promotion may end without notice. Cannot be combined with any other offer. E & .

SOUTHWEST

Buy today, move in tomorrow!

CALL MICK AT 780.760.2002 508 GRIESBACH PARADE NW www.valourcondos.com

CALL KATHY AT 780.756.2230 11080 ELLERSLIE ROAD www.escapescondos.com

Only 12 suites left!

NORTHEAST

CALL MICK AT 780.476.1137 5510 SCHONSEE DRIVE www.northshoreatschonsee.com

2016

2016

AWARDS OF EXCELLENCE IN HOUSING

AWARDS OF EXCELLENCE IN HOUSING

WINNER!

WINNER!

Luxurious concrete and steel residence in South Edmonton!

Northeast Edmonton's hidden treasure!

Immediate Immediatepossessions possessionscoming comingsoon! soon!

NORTHWEST NORTHWEST

Building Building22now nowselling! selling!

CALLCALL EVAEVA AT 587.520.3372 AT 587.520.3372 507 507 ALBANY WAYWAY ALBANY www.avivacondos.com www.avivacondos.com

WEST WEST

CALLCALL TRENT AT 780.426.1686 TRENT AT 780.426.1686 10041004 ROSENTHAL BLVDBLVD ROSENTHAL www.jadecondoliving.com www.jadecondoliving.com

2016 2016

AWARDS OF EXCELLENCE AWARDS OF EXCELLENCE IN HOUSING IN HOUSING

WINNER! WINNER!

Excellent location close toto the Henday && Albany Market Excellent location close the Henday Albany Market

Showsuites Showsuitesnow nowopen! open!

SOUTHEAST SOUTHEAST

CALLCALL AMANDA AT 780.761.3144 AMANDA AT 780.761.3144 40084008 SAVARYN DRIVE SW SW SAVARYN DRIVE www.aracondos.com www.aracondos.com

Access toto Lake Summerside!

Access Lake Summerside!

Live in in desirable Rosenthal!

Live desirable Rosenthal!

Buy Buynow, now,only only33suites suitesleft! left!

SOUTHWEST SOUTHWEST

CALLCALL CRAIG AT 587.520.6775 CRAIG AT 587.520.6775 11441144 ADAMSON DRIVE ADAMSON DRIVE www.elancondos.com www.elancondos.com

Ravine living in in the community ofof Allard Ravine living the community Allard