Aug 15 - Sept 12, 2014 Volume 22 Issue 09
INSIDE THIS ISSUE
EDMONTON’S $6.5-BILLION HOME-BUILDING INDUSTRY
ESSENTIAL MOVING ADVICE
IS THE LOWEST MORTGAGE RATE ALWAYS THE BEST DEAL?
MORE TIME MORE CHOICE
MORE FREEDOM The Name In Active Adult Living THE NAME IN ACTIVE ADULT With over 30 years of experience creating award winning multifamilyLIVING urban villages for adults Withseniors, over 30 years of experience creating award urban villages forsurrounding adults and seniors, and Christenson Developments haswinning been multi-family providing Edmonton and with Christenson Developments has been providing Edmonton and surrounding areas with more than just a home. more than just a home. “Save $20,000 off!” Limited Time Offer.
Eton Park Estates McCrae Estates
Reflections Reflections
Southwoods Village Eton Park Villas
INCLUDES: Includes: Spacious floorplans floorplans ••Spacious Premium finishings ••Premium finishings Appliances ••66 appliances Underground parking ••Underground parking • 9’ ceilings
INCLUDES: Includes: ••Granite countertops Concrete and steel construction ••Stainless Stainlesssteel steel appliances appliances ••9’Hardwood, ceilings granite, & ceramics Staring from $259,800 ••Air conditioning • Underground parking
INCLUDES: Includes: ••1 Finished bedroom + den basements and GST ••2Stainless bedroom coach homes steel appliances Granite,laundry hardwood, ceramics ••In-suite Immediate possessions available ••Air conditioning • Family party room
PH: 587-594-2947 PH: 780.406.7530 LocatedLocated in theInurban Edmonton, Award community Winning Village at Griesbach of Emerald Hills, Sherwood Park
PH: 780.410.0004 PH: 780.975.8866 Sherwood At CentreinInthe Park, LocatedPark, in Centre The Park Sherwood Park
PH: 780.975.2509 PH: 780.903.2465 Sherwood Park, Adult Bungalows, Only Independent living location in 3 Remaining! Hazeldean
CALL FOR MORE INFORMATION OR VISIT A SALES CENTRE TODAY
G u i d i n g P e o p l e H o m e Fo r O ve r 3 0 Ye a r s
Citadel Village
Villas At Lacombe Park McCrae Estates
Village at Westmount ST.ALBERT
Emerald Hills Eton Park Villas Eton Park Estates
Alta Vista Rivers Edge Villas
Glastonbury Village
EDMONTON SHERWOOD PARK
Southwoods Center At The Park Bedford Village Reflections
Legend
LEDUC
Devonshire Village
Sales Centre Now Open Senior Community Villas/Bungalows Estate Condos
Avalon Villas
Villas/Bungalows Village at Westmount
PH: 780.452.2030 Eton Park Villas Independent Living with optional • 780.903.2465 services.
Villas At Lacombe Park
• 780.903.2465 INCLUDES:
• • • • •
Villas construction SteelAvalon and concrete • 780.995.3713 1 + 2 bedrooms + den 490 - 1135 sq. ft. Full kitchens • In-suite laundry Air conditioning
Estate Condos Villas at Lacombe Park PH: 780.903.2465 Alta Vista St. Albert, Adult Bungalows • 780.497.7245 Showhome Now Open
McCrae Estates
• 780.406.7530 INCLUDES:
• • • •
Reflections Finished basements and GST • 780.975.8866 6 appliances Hardwood and ceramics Eton Park Estates • 780.975.8866 Spacious floorplans
Senior Living Rivers Edge Villas
PH: 780.554.8342 Glastonbury Village Cameron Heights, Adult • 780.934.6636 Bungalows
Bedford Village
• 780.975.8866 INCLUDES:
• • • •
Citadel Village and GST Finished basements • 780.934.6636 6 appliances Hardwood and ceramics Devonshire Village • 780.934.6636 Spacious floorplans Southwoods
• 780.432.3222
VISIT US ONLINE AT CDLHOMES.COM
vipliving.ca
GREAT PRICE. GREAT SPECS. GREAT LOCATION. Parkside Condos from low $200s 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. • Granite countertops throughout • Stainless steel kitchen appliances • Choice of three birch kitchen cabinets • 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 (Karen/Crystal) Cell: 780.445.4248 (Karen)
4
780.974.4757 S O L A R A L I V I N G . CA
A FRESH START SOLARA 2 NOW SELLING CONDOS FROM THE
180s!
$
With the success of Solara 1, we’re back in the starting blocks pre-selling beautiful suites in Solara 2. It’s a sprint to the finish as our best selection of spacious one & two bedroom options won’t last long. We’re proud to put our track record on the line with stunning granite countertops, stylish maple kitchen cabinets and large balconies. It’s no time for a false start, your first place awaits!
VISIT OUR SALES CENTRE
127 St.
145 Ave. 127 St. just north of 142 Ave. 142 Ave.
N
Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm • Closed Fridays
WATERSIDE WITH Beautiful southwest
6 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
thequaycondos.ca
A FRONT-ROW SEAT condos from the $220s
The Quay is perfectly positioned in an established neighbourhood and within a stone’s throw of numerous southwest amenities. With a peaceful pond on three sides, the Quay offers relaxing water views from your large balcony. Close proximity to major roadways provides easy access to boutique-style shopping, as well as the lush and picturesque Whitemud Creek Ravine. It’s your chance to make a splash, visit our sales centre today. In Southwest Edmonton N
Rabbit Hill Rd.
An tho ny He nd ay
ar leg wil Ter uth So
Ter wil leg ar
Dr.
23 Ave.
Mon-Thurs: 3-7pm Sat, Sun & Holidays: 1-5pm Closed Fridays
587.524.0259 NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 7
TABLE OF CONTENTS
Aug 15 – Sept 12, 2014 VOLUME 22 ISSUE 09
ON THE COVER
Abbey Lane Homes
06 50
COLUMNS, NEWS & FEATURES 018 EDITOR’S NOTE
070 MORTGAGE MATTERS Why mortgage rates vary from lender to lender
050 DESIGNER ADVICE Five furniture trends with staying power
026 INDUSTRY UPDATE Edmonton’s $6.5-billion industry
080 QUICK TIPS A dose of reality
044 HOME SWEET HOME Moving: Do it yourself, or go with a pro?
084 INVESTOR ADVICE Keep your eyes on the prize
057 CHBA - ALBERTA Finalists announced for 2014 Awards of Excellence in Housing
COLUMNS
BY JIM RIVAIT
BY LYDIA MCNUTT
068 FUNDAMENTALLY SPEAKING Watch the changing retail landscape BY WAYNE KARL
BY ALYSSA RICHARD
BY HELLEN BUTTIGIEG
BY ANDREW LA FLEUR
NEWS & FEATURES
036 PROJECT PROFILE Pearl Tower: The jewel in Edmonton’s skyline
BY YANIC SIMARD
061 IN THE NEWS Albertans paying down their mortgages faster 062 MARKETPLACE Serving up style BY ELISA KROVBLIT
PRESIDENT, WALL2WALL MEDIA
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Josh Heppner SENIOR SALES MANAGER, WESTERN CANADA
Edwin Rizarri ART DIRECTOR
Caroline Wassef EDITOR
Lydia McNutt CONTRIBUTING EDITORS
36
Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR
Yanic Simard
SENIOR MEDIA CONSULTANT
Shelley Balla 587.784.4044
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Hannah Yarkony GRAPHIC DESIGNER
Viosa Barileva
Published By
PO Box 458 Station Main Edmonton, AB T5J 2K1
COPYRIGHT 2014 Copyright covers the contents of this
64 064 HOT TOPIC Moving made easy: Smart planning tips to save time and trouble HOMEBUYERS’ RESOURCES
028 WEB DIRECTORY 078 PACKING TIPS 087 HOMEBUYERS’ HELP Condo Buyers’ Resource Section
PROJECT LOCATION MAPS
021 North West 025 West 029 Spruce Grove & Stony Plain 031 Downtown 039 South Central 047 South West 063 South East 067 Sherwood Park 069 Leduc 071 Beaumont 073 North East 081 Fork Saskatchewan 083 Morinville 085 St. Albert
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@wall2wallmedia.com 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@wall2wallmedia.com
The views and data expressed by columnists do not necessarily represent those of the publication.
SHOW SUITE NOW OPEN
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 22 ISSUE 09 | NewCondoGuide.com
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.
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 13
E X E C U T I V E T OW N HOM E S
Souped up kitchens you’ll flip over Smart and stylish design makes for some mean cuisine, and that’s what Grande Design homes are all about. But when it comes to quality craftsmanship, our homes couldn’t be more traditional. Grande Design townhomes are sleek, chic and dazzlingly modern in look, but built to last.
Visit GrandeDesign.ca for more information.
PRINCETON COURT 780-570-5065 Sherwood Park
Prices starting in the $300’s
14 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
Modern Homes. Classic Values. •
1781 sq. ft. suites
•
Double garage
•
Smart floor plans
•
•
Spacious suites – lower level den
Close proximity to new school, Emerald Hills Shopping Centre, hospital and Millennium Place
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 15
YOU SPOKE... ... we listened and are now proud to offer new duplex showhomes in some of your favourite subdivisions:
Newcastle, Maple Crest, Aurora and Westerra
Move in ready Choose interiors from one of six colour packages Laminate countertops with 1 1/2” square edge in kitchen 36” High upper kitchen cabinets Six piece appliance package Laminate flooring on main level Moen faucets with lifetime warranty Ceramic tile in entries and bathrooms Carpet underlay is 7.5 lbs 9 ft Basement wall height Closet doors are swing doors (no bifolds) Pressure treated rear deck with privacy screen Garages are insulated, drywalled and fire taped Satin nickel free-slide shelving Proprietary Silent Neighbor® sound proofing wall system
To learn more, visit a showhome today Aurora 3366 Weidle Way SW tel: 587-524-7188
Newcastle 17122 - 120 Street NW tel: 587-523-8268
Maple Crest 629 - 40 Avenue SE tel: 587-524-2668
Westerra 1347 Westerra Drive, Stony Plain tel: 780-963-3822
16 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
www.coventry-homes.com
LIVE IN THE MOMENT, BUT LEARN FROM THE PAST. (PART 2)
In our last article, we asked if Edmonton’s current
private homes for sale as spec homes being built. This
housing market was potentially heading down a
made it tough for builders to sell their new homes
similar path as experienced from 2006 to 2008. To
amongst such readily available and comparable
quickly recap, this was a period of unprecedented
product.
price growth and record-setting construction levels that was quickly followed by a substantial drop in new housing construction amidst skyrocketing levels of unsold new housing. This downturn was sparked by a supply shock in the resale market that began in mid-2007.
In the spring of this year, Intelligence House collected a large amount of data from people who expressed interest in new housing projects across the city. We compared the purchasing habits of those who had purchased homes in the last two years to those still in the market and found no significant difference in the
So, the next logical question is: where did all these
type of home these people had either purchased or
resale listings come from at that time?
were still interested in purchasing. However, the
In new housing communities, the short answer was, investors. Many of the new homes that were sold during 2006 and 2007 were not bought for primary use by the purchaser. Instead, many investors were rolling the dice and playing the market, hoping to cash in on the price growth experienced at that time. This price growth reached its peak in mid-2007 and started to decline. At this time, many homeowners who owned secondary properties saw this as a signal
research indicated that roughly 22% of those who were still in the market for new homes were looking to purchase an investment property – whereas only 8% of those who bought in the last two years purchased as an investment property. So, with the percentage of investors having almost tripled, what has changed in the market that could accommodate such a high percentage? More on this next time…
to sell so they could get the most value out of their investment. This selloff was so pronounced that by mid-2008 many new developments had a near equal number of
Intelligence House is Edmonton’s newest 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 estate industry.
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 17
EDITOR’S NOTE
HOW LOW CAN THEY GO?
SUSAN LEGGE EDITOR-IN-CHIEF
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
The Bank of Canada’s recent announcement to hold its interest rate target at one per cent does not come as a surprise. The rate has been holding at that level since September 2010, which is good news if you’re in the market for a mortgage. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place. So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant movement this year. However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. So, what are you waiting for?
A HOME WITH HEART
LYDIA MCNUTT EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
A home is probably the biggest purchase you’ll make in your lifetime, and it’s also arguably the one that will bring you the most joy. In the long run, real estate is generally a sound investment that yields security and a good return, should you ever choose to sell. And if you’re looking for immediate gratification, nothing beats the feeling of stepping through the door and knowing you’ve arrived “home.” There are about as many different types of condos out there as there are types of buyers. Whether you’re leaning toward a small but sweet loft in the city core, with amenities galore steps from your front door, or you have your eye on a more-spacious, more-private place in a quiet part of town, rest assured that the perfect condo is out there. Keep an open mind, but know what you want. Here’s where it helps to make a list. Note your must-haves, and what you’re willing to compromise on. Can you give up that spare bedroom in the interest of a master with ensuite and walk-in closet? It’s your decision. Don’t forget to check out the amenity areas. While not within your four walls, the lobby, gym, pool and rooftop patio are all extensions of your living space, impacting your lifestyle while you live there as well as the resale value of the condo when you choose to sell. Happy condo hunting!
18 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
Coming soon
On Stands Now! Watch it! Octoberfor 2012
BUILDER & DEVELOPER
A Comprehensive Guide to Edmonton’s Builders, Developers and Communities
The stories behind Edmonton’s top builders, developers & new communities
Dear Mortgage, I’m taking time off to cook up a new career.
Take time off from your mortgage payment. A flexible mortgage from TD allows you to concentrate on something you’ve always wanted to do. Just add a little extra to your regular payments and then have the option to take a payment vacation for up to four months1. It’s just one of TD’s flexible mortgage features.
Visit a branch or tdcanadatrust.com/paymentvacation
1
Conditions apply. See us for details. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.
20 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
NorthWestEdmonton City Boundary
12 176 Ave. Castle Downs Rd.
2 167 Ave.
162 A ve
.
15
153 Ave. 6 14 8 1 10 4
He
lbe
7 132 Ave.
An th
on y
l rai rt T
127 Ave.
ail d Tr
124 St.
142 St.
149 St.
. Rd eld yfi
Kin
gsw
ay
s . es ve nc A Pri beth a Eliz
Ave .
111 Ave.
Ma
178 St.
184 St.
170 St.
199 St. 215 St.
156 St.
a whe 118 Ave.
o Yell
109 St.
A St.
135 St.
137 Ave.
Dr
11 13 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
167th Ave & 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
North of 137 Ave along Griesbach Parade
7 B ELLWETHER PARK 132 Ave. & 132 St. 8 VICTORY PARK BY ABBEY LANE HOMES
Pegasus Blvd & Sir Arthur Curry Way 9 THE SILHOUETTE AT CARLTON BY CASSEL COMMUNITIES
15503 - 139 St.
13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT
137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES BY SLOKKER CANADA WEST
2570 Pegasus Blvd. 15 CAERNARRON KEEP - FIRST PLACE PROGRAM BY LANDMARK COMMUNITIES
14621 - 121 St. NW
10 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES
4450 McCrae Ave. 11 ELEMENTS STARLING 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 $189,900
Font: Optima Roman & Bold, all caps & small Caps C:72 M:75 Y:0 K:0
Please see our ad between pages 00 and 00
167 AVENUE & ALBANY WAY (South of the Henday, South on 127 St) C:23 M:0 Y:45 K:0 C:0 M:0 Y:0 K:85
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 21
NORTHWEST
In this booming market prices have skyrocketed. Thankfully, there’s an exception to every rule. Visit our sales centre:
250s
$
137 Ave 132 Ave
Now under construction!
132 St
6 unique floor plans up to 1,622 sqft
127 St
Stylish townhomes with two-car garage from the
N
24 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
780.455.9811 • bwpark.ca
Mon - Thurs: 3 - 8 pm Sat - Sun & Hol: 1 - 5 pm
213 St.
WestEdmonton Yellowhead Trail
124 St.
2
7 159 St.
87 Ave.
WHITEMUD FWY.
QUESNELL BRIDGE
6 10
199 St.
69 Ave.
11
GROAT BRIDGE
142 St.
163 St.
170 St.
102 Ave.
9
149 St.
156 St.
178 St.
8 1
175 St.
Rosenthal Blvd.
Stony Plain Rd. 100 Ave. 95 Ave.
182 St.
ANTHONY HENDAY
5
Stony Plain Rd.
107 Ave.
a en d. Bu ta R Vis
3
Winterburn Road (215 St.)
Secord Blvd.
Ma yfie ld
Rd .
111 Ave.
Callingwood Rd.
4 North Saskatchewan River
MAP LISTINGS
1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Grantham Court 2 JASPER GATES BY BELJAN DEVELOPMENT
10144 - 150 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS
9535 - 217 Street 4 SOUTH HAMPTONS BY PARK HOMES
1520 Hammond Gate
5 JADE
9
BY CARRINGTON COMMUNITIES
NW corner of Rosenthal Blvd & 215 Street 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER
GLENORA SKYLINE 10220 - 140 Street
10 ELEMENTS HAMPTONS BY ROHIT COMMUNITIES
1753 Hammond Cres NW 11
STAFFORD GREENS BY ALDRITT HOMES
62 Ave & Getty Gate
BY QUALICO LIVING
9820 165 Street 8 VIP AT CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Granthan Court
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 25
INDUSTRY UPDATE
// BY JIM RIVAIT
EDMONTON’S $6.5-BILLION INDUSTRY
Jim Rivait is chief executive officer of the Canadian Home Builders’ Association – Alberta. Jim has spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.
A
t this time of year, it seems you can’t drive across town without detouring to dodge construction crews on city streets. Edmonton is spending more than $430 million for roadway projects this year. That’s a big chunk of change, but nothing like the investment quietly pouring into residential construction. The value of new home construction and renovations in Edmonton neared $6.5 billion in 2013, according to a new report by Will Dunning Inc. The majority was spent on building new homes, helping to create almost 27,000 jobs in our community and a total of nearly 50,000 jobs across Canada. Construction jobs are among the best paying, so all this work means a lot of fat pay cheques – a total of $3.1 billion in wages.
Unlike public works projects, residential construction tends to fly under the radar. Perhaps that’s because a lot of work takes place in new neighbourhoods when there are not yet a lot of people around. But out of sight should not mean out of mind. The decision to buy a new home is a phenomenal demonstration of confidence in the future, even if individuals, couples and families who decide to buy a home don’t hold a news conference to announce their spending plans. They are, however, still analyzing the market and agonizing over making the right decision on this major investment. In Edmonton, prospective buyers can see that the region’s solid economic fundamentals are both attracting a rush of newcomers to the city and raising the optimism levels of longtime residents. Every week, it seems, one of the big banks forecasts that Edmonton and the rest of Alberta will out-perform the rest of Canada. TD Economics was the latest with a report early in July that picked Edmonton and Calgary to lead the country in home price growth over the next few years. Statistics Canada just confirmed that Alberta’s job market is the tightest in the country. This positive news translated into more shovels in the ground. Last year, our industry started work on 14,689 new homes – that’s 40 every single day. So far this year, a dip in big condo projects has lowered the overall pace of construction starts, but demand for single-family homes continues to grow. Builders poured foundations for almost 3,000 new homes in the first half of this year. That’s a healthy five-per-cent increase over 2013. Consumers also can’t help but notice the spike in new home prices and the big uptick in demand for resale homes. Canada Mortgage and Housing Corp. estimates the average price of a new home is up over seven per cent since last year. MLS statistics show both the number of homes sold and prices are up. Even with all the trends looking good for Edmonton, there is still a fear factor to overcome because buying a home is by far the biggest investment most consumers will ever make. It does not help that there has been a steady barrage of negative media coverage that focuses on the predictions of a handful of housing analysts who are convinced the sky is about to fall. These predictions first started getting a lot of play in the media back in February 2011 – and they are still getting quoted in news stories today. Fortunately, a lot of Edmontonians ignored the “experts” in the last three-plus years. Over that period, the price of the average resale home in Edmonton climbed from $312,000 to around $372,000 – a very high price to pay for advice from Chicken Little & Co. The CHBA – Alberta represents new home builders, renovators, developers, trade and supply companies, and professional services. Check the CHBA Edmonton Region website for local builders.
26 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
SAVVY MEETS SOPHISTICATED
SECORD BOULEVARD
ANTHONY HENDAY DRIVE
SECORD
(HWY 15A) WINTERBURN ROAD (215 ST)
STONY PLAIN ROAD
WHITEMUD DRIVE
Secord Chalet townhomes are crafted to perfectly suit your lifestyle. With customizable floorplans and plenty of finishing options, your new townhome is all about you. Your Chalet also includes 9’ ceilings, oversized windows and exceptional stainless steel appliances.
COMING SOON 780.757.4388 | secordchalet.com
Web Directory BUILDERS/DEVELOPERS
Find your next condo online, it’s easy! BUILDERS/DEVELOPERS
Abbey Lane Homes
www.abbeylanehomes.com
Sage Gardens
www.sagegardensliving.com
Addison Condos
www.theaddisonoffwhyte.com
Secord Corners
www.secordcorners.ca
Albany Trails
www.albanytrails.ca
Serenity
www.liveserenity.ca
Californian Parkland
www.vipliving.ca
Solara at Skyview
www.solaraliving.ca
Callaghan Ravines
www.callaghanravines.com
Stafford Greens
www.staffordgreens.com
Carrington Communities
www.carrington.ca
Station Pointe Village
www.stationpointe.com
Christenson Developments Ltd.
www.cdlhomes.com
Tenor on the River
www.touchstalbert.com
Concept Homes
www.concepthomes.ca
Tessco Incorporated
www.edmontoncondo.com
Coventry Homes
www.coventry-homes.com
The Icon
www.theicon.ca
Daytona Homes Master Builder
www.daytonahomes.ca
The Rushes of Southfork
www.rushesofsouthfork.ca
Encore Tower
www.encoretower.com
The Signature
www.signatureambleside.com
Footprint Developments
www.footprintdevelopments.ca
Ultima
www.ultimatower.ca
Fox One
www.foxtowers.ca
Victory Lane
www.victorytownhomes.com
Grande Design Homes
www.grandedesign.ca
Windermere Mansions
www.windermeremansions.com
Homes by Avi
www.homesbyavi.com
Windermere Waters
www.windermerewaters.com
Landmark Urban Living
www.landmarkgroup.ca
Maxx Urban Living
www.livemaxx.ca
RELATED BUSINESS
Meridian Plaza
www.meridianplaza.ca
Park Homes
www.parkhomes.ca
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
Parkwood Master Builder
www.parkwoodmasterbuilder.com
Robert F. McLeod
www.robertmcleod.ca
Rohit Communities
www.rohitcommunities.com
››
If you wish to advertise your Web site in our Web Directory please call 587-784-4044
28 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
SpruceGrove 3
4
3
2
1
1
2
MAP LISTINGS
1 KING STREET ON PARK BY RENOIR DEVELOPMENTS
420 King Street 2 WINDSOR ESTATES
3 CENTURY GATES 5 Minutes North of Spruce Grove on Century Road (Rge. Rd. 272)
BY QUALICO LIVING
511 Queen Street
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 29
SPRUCEGROVE
NOW SELLING CONDO’S FROM: $99,000 LOCATED IN SPRUCE GROVE
S ALES @LIVING AT T H E N E ST. C O M
BRENDA DUBILOWSKI REALTOR ® RE/MAX Real Estate Office:780-457-3777 CELL: 780-908-5800
L I V I N G AT T H E N E S T. C O M
DowntownEdmonton 118 Ave. 112 Ave.
2 1 6 5
7 106 St.
Victoria Park Rd. Rive r Va lley Rd
3 97 Ave.
.
82 St.
100 St.
9 Jasper Ave. 100 Ave.
d lan
w Ro
.
Rd
St.
105 St.
11
102 Ave.
10
101 St.
107 Ave. 4 8 14 104 Ave.
109 St.
116 St.
12
wa yA ve .
t. 95 S
124 St.
gs
KINNARD RAVINE
92
Kin
. 97 St
127 St.
111 Ave.
LOW LEVEL BRIDGE JAMES McDONALD BRIDGE
DAWSON BRIDGE
Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE
MAP LISTINGS
1 THE ULTIMA
BY WESTRICH PACIFIC
North Saskatchewan River
6 ENCORE
10244 - 103rd Street 2 THE FOX
BY LANGHAM DEVELOPMENTS
BY ROCKWOOD PROPERTY MANAGEMENT
9704 - 106 St. 4 VIBE
BY LAMB DEVELOPMENT CORP
8 S TUDIO ED Corner of 116 Street & 106 Avenue
12 H IGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS
10523 - 123 St.
9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS
111 St. & Jasper Ave. 10 PEARL BY REGENCY DEVELOPMENTS
5 ICON
Jasper Avenue & 119 Street.
BY LANGHAM DEVELOPMENTS
Jasper Ave., North of 104 St.
Corner of 104 Ave. & 105 St.
Jasper Ave. & 106 Street
BY CARRINGTON COMMUNITIES
West of 116 Street & South of 107 Avenue
BY REGENCY DEVELOPMENTS
103 St. & 102 Ave. 7 JASPER HOUSE
104 Street & 102 Avenue
3 SYMPHONY
11 QUEST
BY WESTRICH PACIFIC
DOWNTOWN EDMONTON | Call Riley 780.705.1350
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 00 and 00
CONDOS FROM THE $170’S West of 116th Street & South of 107th Ave NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 31
symphony
TOWER
9704 - 106 STREET
32 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
(780)701-0058
33
I N T R O D UC ING
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 34
DOWNTOWN
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.
Sales Centre Now Open
Sales Centre located on-site, at the northwest corner of 102 Ave. and 104 St.
www.foxtowers.ca | 780.425.0369
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.
35
PROJECT PROFILE
THE JEWEL
i
in Edmonton’s skyline
f you’ve looked at the downtown Edmonton skyline in the last year, you’ve probably noticed Pearl Tower slowly reaching skyward. The stunning 36-storey building – the tallest residential tower in Edmonton – is unlike anything the city has ever seen, and upon completion, will set the precedent for luxury living in Northern Alberta.
THERE ARE 128 SUITES IN PEARL TOWER, AND ON AVERAGE JUST FOUR OR FIVE SUITES PER FLOOR 36 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
Pearl Tower is located at 11949 Jasper Ave., in the heart of Oliver on the west side of downtown. Many other Canadian cities offer luxury downtown apartments akin to Pearl Tower, and yet no developers have taken the risk to build something like that here. Until now. In 2008, Regency Developments saw an unfulfi lled market of those wanting to live close to the core (and a gamut of amenities), while living in a lower-density area and in larger luxury suites. With the perfect location found – it’s on the edge of the river valley (in fact, from about the fifth floor up, there are stunning, sweeping river valley views) and surrounded by art
galleries, boutiques, coffee shops, bistros and more – Pearl Tower planning began. There are 128 suites in Pearl Tower, and on average just four or five suites per floor. Suites range from one-bedroom (575 sq. ft.) to three-bedroom-plus-den (at a whopping 4,000 sq. ft.). There are also two-story and full-floor penthouses, one which features almost 1,400 sq. ft. of outdoor entertaining space. And many of the suites have up to three balconies, some of which wrap the corner of the building. Because the builder wanted to ensure each home was unique in Pearl Tower, the building boasts 34 different floor plans. Touted as the pride and joy of the builders, whom have called Edmonton “home” for more than three decades, the luxury suites all reflect immaculate details which make Pearl Tower suites second-to-none in Edmonton. Residents can expect floor-to-ceiling window curtain walls (a first for residential towers in Edmonton) and plenty of wide open and bright spaces. The kitchens all feature granite countertops and stainless steel appliances. Flooring is a mix between engineered hardwood, porcelain tile and Berber carpet. Homes are all equipped with speakers for surround sound, recessed window coverings (including blackout blinds) and lighting, and other luxury features. Some of the building’s amenities include street-level commercial spaces, a 4,000-sq.-ft. wellness centre on the second and third floors, with flex spaces for residents to
RESIDENTS CAN EXPECT FLOOR-TOCEILING WINDOW CURTAIN WALLS (A FIRST FOR RESIDENTIAL TOWERS IN EDMONTON) AND PLENTY OF WIDE OPEN AND BRIGHT SPACES. THE KITCHENS ALL FEATURE GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 37
PEARL TOWER IS LOCATED AT 11949 JASPER AVE., IN THE HEART OF OLIVER ON THE WEST SIDE OF DOWNTOWN make the space their own, three of the fastest residential elevators in town, a caretaker and security on site, and enough underground parking for two stalls per suite (if needed) and underground visitor parking. Possessions are anticipated to start in late 2014 (rolling into early 2015), and the building is over 65 per cent sold. Remaining suites range from $296,000 to $4 million with various shapes and sizes, but the opportunity to purchase a luxury suite is fading fast as 38 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
condos are selling extremely quickly at Pearl Tower. For more information about Pearl Tower and to view their show suites, visit pearltower.ca or call 780.497.1700. Viewings are by appointment only, Monday to Thursday and select Saturdays.
SouthCentralEdmonton North Saskatchewan River
6
1
84 St.
75 St.
85 St.
Co nn or s 7 Rd.
90 Ave. 83 St.
103 St.
104 St.
. n Dr ewa atch k s a S
95 Ave. 92 St.
105 ST BRIDGE
5
101 Ave. 98 Ave.
Scona Rd.
Sas kat che wa nD 2 r. 87 Ave.
JAMES McDONALD BRIDGE
99 St.
109 ST BRIDGE
114 St.
Groat Rd .
GROAT BRIDGE
FOOT BRIDGE
79 St.
106 Ave.
DAWSON BRIDGE LOW LEVEL BRIDGE
Whyte - 82 Ave. 76 Ave.
CAPILANO BRIDGE
3
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 URBAN VILLAGE ON WHYTE BY CARRINGTON COMMUNITIES
7805-71 St. 4 THE UNIVERSITY BROWNSTONES BY TESSCO
108 St. & 71 Ave.
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
SOUTHCENTRAL EDMONTON | Call Amanda 780.461.1622
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 00 and 00
CONDOS FROM $232,900 7805 – 71 street (Between Whyte Ave & Argyll Road) NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 39
THE UNIVERSITY
BROWNSTONES F
ollowing the great success of Phase One of The University Brownstones, we are proud to announce the second phase of their multi-family development. Built on the foundations of quality, value and innovative design these 72 spectacular units are a welcome addition to this in-demand address. With a prime location in a charming mature neighbourhood, The University Brownstones is a unique project surrounded by character homes, and all the amenities of an established community. Situated at 108 Street and 72 Avenue, residents will be conveniently located just steps from the Garneau, the University of Alberta, and the Whyte Avenue shopping and entertainment district - all • Excellent location, close to within walking distance! Just U of A and Whyte Ave. a few minutes • Spacious designs with 9 away is the scefoot sprinklered ceilings nic river valley, where outdoor • Upgraded appliance packenthusiasts can age and soundproofing enjoy plenty of activities. Plus, • Beautiful central courtyard getting to the and glass elevators downtown core is hassle free • Underground heated parkwith just a quick ing and 24 hour video LRT ride. Making monitored security your next home at The University • Backed by New Home Brownstones is Warranty easy as only a 5% down payment is required. With this type of opportunity, buyers are encouraged to act now to ensure their home style preference is available. The design of The University Brownstones is as distinctive as the neighbourhood it is located in. Glass elevators with vestibules and covered, open pedways that link all parts of the development add to the unique European look and feel. The stylish pedways also create private, separate entrances to each suite, allowing for more windows since suites back onto the open pedways rather than a
closed in hallway. Adding to the bright and airy environment is the wonderful feature of a central courtyard. The University Brownstones, will have the same quality and design as found in its many other sought-after developments, but with more of an Old World flair. At The University Brownstones, buyers will discover spacious suites that range from 745 to 1,600 square feet and present an array of floor plans to suit a wide variety of tastes and lifestyles including one bedroom, one bedroom plus den, two bedrooms and even a couple of three bedroom suites. The den in the one bedroom suite option is designed so that it can easily be used as a second bedroom. Inside each suite, buyers will appreciate the open great room plans, 9-ft. ceilings, huge floor-to-ceiling windows, kitchens with islands and raised eating bars. The selection of finishing packages and superior soundproofing are part of The University Brownstones. Each unit is self contained, with a separate furnace, hot water on demand and telephone and cable access in almost every room. We skip the expensive amenities that are seldom used and instead puts the money saved into state of the art soundproofing – ultimately allowing condo fees to remain low. And, your surroundings are always secure, with 24-hour video monitoring in the parkade. The University Brownstones is an impressive development that combines the coveted features of a mature, culture rich area with beautiful and visually interesting architectural design. With Phase I sold out, and the highly anticipated pre-sale now underway, you will not want to miss out on the exciting opportunity! Be sure to ask about our Free $10,000 upgrade package package. that is available for only pre-sale $1 5,000 upgrade the first pre-sales. For25 more information visit the Phase One Show Suite at 10808 Avenue Thursday 4-6:30pm or anytime For71 more information visitfrom the Phase One Show Suite atby 10808 appointment. Call Troy Stenson at ReMax River City 780.439.7000 71 Avenue, open Monday to Thursday, 4-7 pm, weekends 1-5 pm or call Troy Stenson at Re/Max River City, 780-439-7000
COVERED with CARE www.blanketltd.ca
www.edmontoncondo.com
Visit us online for priority registration on Phase 2 and view our new upgraded construction specs 40 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
PHASE II 65% SOLD OUT! 15 PREMIUM SUITES REMAIN 2 BED/2 BATH UNITS STARTING AT $279,900 ASK ABOUT OUR FREE $15,000 UPGRADE PACKAGE
POSSESSION FALL 2014
PHASE 2 CONSTRUCTION NOW UNDERWAY
THURSDAY 4-6:30PM OR BY APPOINTMENT ANYTIME
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 41
BONNIE DOON CONDOS WITH A DOWNTOWN VIEW Le Quartier Condos, from the $260s, offer a unique opportunity to own in one of Edmonton’s most desirable, central and established neighbourhoods. With beautiful views of the downtown skyline and a modern architectural approach, Le Quartier offers 40 spacious suites ranging from 710 – 1,251 square feet. Set in the heart of Edmonton’s Francophone community, Bonnie Doon presents a
rich historical gathering place to share and celebrate the French culture. Natural scenic backdrops are just moments away at Mill Creek Ravine, while festivals and nightlife are within walking distance along Whyte Ave. Great opportunities like this are few and far between – visit our sales centre at La Cité cultural centre to take advantage of this once-in-a-lifetime opportunity.
Sales Centre at Suite 140L, 8627 Rue Marie-Anne Gaboury (91 St.) Mon - Thurs: 3 - 8pm | Fri: Closed | Sat - Sun & Hol: 12 - 5pm Marketed by Paul Blais Realty Group RE/MA X Elite • 780- 666-2404 • sales@lequartiercondos.ca
42 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
lequartiercondos.ca
built by Infiniti Development
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 43
HOME SWEET HOME
// BY LYDIA MCNUTT
DO-IT-YOURSELF, OR GO WITH A PRO?
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets
R
ight on track with what is the busiest moving day across Canada, my own family packed up and moved out last month. Over the past couple of months, my columns have documented my experiences in the home selling and buying process, and I finally reached the peak of all the excitement. Moving day. I’ll admit that I haven’t changed homes very many times in my life. I can count my moves on one hand. And after going through the process of packing, clearing and cleaning a whole house worth of stuff – or “junk,” as my husband affectionately calls it – I can honestly say that moving officially tops my “most-hated things to do” list. The fact that my husband and I opted for a do-ityourself move didn’t help matters.
What further complicated things was the fact that my sale and purchase closed on the same day. So, between running to the lawyer’s office, renting vans – yes, plural – packing up the last of our “junk,” moving out and moving in, it was a hectic day to say the least. I can certainly see why many choose to go with a pro rather than taking the DIY route. Sure, doing it yourself gives you some control – of your stuff, your timing, and your costs. Unless you’ve made errors in judgement, in which case, all that goes out the window. You’ve “eyeballed” your house and its contents, and you’ve chosen a truck that should be big enough – fingers crossed! Half-way through loading it, you realize you’ve only packed a quarter of your stuff and now your options are to rent a second truck, run about 10 loads of boxes to Mom and Dad’s place, or get rid of a lot of stuff – fast. It’s not a decision you want to make at the last minute, which is when the realization that you’re not properly prepared usually sets in. If you’ve ever moved, you’ll likely agree that using a professional moving company is worth every penny. Movers offer services far beyond just loading the truck and driving it across town. Movers can help you plan your moving day, pack, and even unpack for you. They will assess the size of truck you’ll need, the amount of packing materials and what kind, and they know how to handle awkward and heavy pieces that might otherwise leave you scratching your head, and your walls. Professional movers know to expect the unexpected, ensuring you’re not stuck at crunch time. When you’re shopping for a moving company, don’t expect to find one at the last minute – especially if you’re moving during peak season, along with many other Canadians. Do your research and hire a reputable company well in advance. The Canadian Association of Movers offers some tips when shopping for a moving company: » Find reputable movers through the Canadian Association of Movers. » Check with the Better Business Bureau (BBB), and/or your provincial government’s consumer protection agency. » Ask three movers for estimates in writing. » Get the terms and conditions of your move in writing. » Ensure you know how your goods will be protected for loss or damage. The next time we move – which won’t be for a very, very long time – we will seriously consider hiring a professional mover to literally shoulder some of the burden.
44 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
You’re ready to make your move
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
Here’s what you can do to Recycle, Renew and Reuse • Keep your car in good working order. Tune-ups and filter changes cut down on exhaust emissions, and you’ll get better gas mileage. When you change your oil, take your used motor oil to a recycling centre. • Use available transit alternatives. • Separate your garbage. Glass, aluminum, paper and even plastic can be recycled. If a recycling program is not directly available to you, contact your municipal sanitation department. • Donate reusable clothing and linens to charity. Most pick-up regularly in your area. • Become environmentally active in your community. You can make the world a better place to live... now and for future generations.
Recycle girl(15/10)-ja/ah
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 45
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SouthWestEdmonton 51 Ave.
105 St.
119 St.
34 Ave.
Rabbit Hill Road
2
19
11Saddleback Rd.
9 Ave.
13 James Mowatt Tr.
127 St.
141 St.
Ellerslie Road
16
23 Ave.
Blackburne Drive
30 Ave.
Anthony Henday Dr. Ellerslie Rd.
3 18 8 9
4
23 6
50 St.
MacEw an Road
15 7 22 10 21
19 Ave.
91 St.
20
17
Parsons Rd.
Dr.
101 St.
Ha dd ow
14
91 St.
23 Ave.
66 St.
5
40 Ave.
SOUTH
WHITEMUD DR.
1
Calgary Trail North QE II
Lansdowne Dr.
104 St.
Belgravia Rd.
111 St.
North Saskatchewan River
Ter will ega rD r.
ay Dr. y Hend Anthon
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 W ATERSTONE IN MACTAGGART MAINS BY CARRINGTON COMMUNITIES
6079 Maynard Way 3 VISTAS AT CALLAGHAN NORTH 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 V ILLAGE AT ALLARD
11 MAGRATH GREEN BY LANDMARK COMMUNITIES
BY ROHIT COMMUNITIES
2003 Rabbit Hill Rd.
675 Allard Blvd SW 7 WINDERMERE MANSIONS
12 CREEKWOOD LANDING BY CARLISLE GROUP
BY WESTRICH PACIFIC
1350 Windermere Way SW
11804 - 22 Ave SW 13 E’SCAPES BY CARRINGTON COMMUNITIES
8 C ALLAGHAN LANDING
11080 Ellerslie Road
BY ROHIT COMMUNITIES
1778 Cunningham Way
14 L ’ATTITUDE STUDIOS BY CARRINGTON COMMUNITIES
9 ELAN BY CARRINGTON COMMUNITIES
1144 Adamson Dr SW 10 ELEMENTS AT WINDERMERE
304 Ambleside Link SW 15 THE SIGNATURE BY WESTRICH PACIFIC
5151 Windermere Boulevard
BY CARRINGTON COMMUNITIES
Windermere Blvd & Windermere Rd.
16 E LEMENTS GLENRIDDING HEIGHTS
20 SOUTH TERWILLEGAR BY PARK HOMES
4105 - 7323 South Terwillegar Dr.
BY ROHIT COMMUNITIES
16003 10 Avenue SW (located off 170 and south of Ellerslie rd)
21 R EGENCY AT WINDERMERE BY ROYAL CANADIAN DEVELOPMENT INC.
17 R AVINE POINT AT MACTAGGART RIDGE BY CAMBRIDGE MERIDIAN DEVELOPMENTS
5835 Mullen Place
723-172 St (In Langdale) 22 W INDERMERE WATERS BY WESTRICH PACIFIC CORP
18 S OUTH CALLAGHAN TOWNHOMES
1290 Windermere Way
BY VOCO
Corner of Casselman Link & Cunningham Way SW
23
19 S PARROW 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 00 and 00
CONDOS FROM $193,900 1144 Adamson Drive SW NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 47
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-
48 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
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. Preselling starts in late May and June, 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
30% SOLD IN THE FIRST MONTH! LAUNCHING THIS SPRING • PRICED FROM $279,900 Leger Blvd
Rabb
ay Leger W
TERWILLEGAR REC CENTRE
rR
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE FOR EXCLUSIVE UPDATES AND
Terwilleg
ar Dr
d
Leger Gate
ge
l Rd
it Hil
Le
ay rW
ge
Le
23 Ave
• Only 60 Suites • Choose from 2 Bedroom or 2 Bedroom + Den • Large suites ranging in size from 1255 to 1550 sq ft
PROMOTIONS: BRASS3.COM
SALES & MARKETING BY TROY STENSON, RE/MAX RIVER CITY CELL
780.918.0678 /
OFFICE
780.439.7000
49
DESIGNER ADVICE
5 furniture trends with staying power // BY YANIC SIMARD
ALTHOUGH IT NEVER PAYS TO CLING TO TRENDS TOO CLOSELY,
they can be a great source of ideas that will add a little life to your new condo. On that note, here are five furniture trends that you can count on:
Miniature vs. oversized Small space aficionados know that “condo-sized” furniture is no new invention. I’ve often said “go big or go home!” or maybe “go big and go home!” But lately people are also going the opposite route, and choosing a size extra small. Rather than compromising on versions of favourite furnishings shrunk slightly to fit into a compact floor plan, choose statement pieces – big or small – that will bring full satisfaction. HOW TO DO IT
PHOTO BY BRANDON BARRE
50 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
› For the ultimate seating plan, fit in the largest sofa you can (for when one or two people are lounging comfortably) and add European-sized compact seats as side chairs to fit in the maximum number of guests during gettogethers. › Miniature chairs in particular are a hot trend – even beyond the usual 18-inch seat. Petite accent chairs (child sized or even smaller) make for a charming conversation piece nestled up to a coffee table, and can be used as occasional side tables when you need to rest a book or beverage.
Rugs
Over the past few seasons we’ve seen the return of the area rug, and now the magic carpet has officially landed. In a condo space with hard floors, area rugs of all shapes and sizes are an excellent way to bring warmth, colour, and a feeling of home – even in the most modernist schemes. They look excellent when paired with traditional furnishings or contrasted against sleek, minimal forms. The timeless Persian rug especially brings a heritage appeal, although contemporary rugs come in endless patterns and prints to suit any taste. DO IT YOURSELF
› For a living area, choose a rug large enough to tuck under all the furniture legs. Add a runner (a skinny rectangle) in a kitchen or hallway, or a large rug to any room for the feeling of carpeting (leaving approximately a 12-inch border around the room). › The inky tones in classic traditional rugs are neutral enough to blend into most schemes. For an already neutral space, consider this your opportunity to add some colour. You can roll the rug away or move it to a new room between seasons for a little change-up.
Tufting
Button-tufting is a style invented for practical reasons: the buttons which hold a fabric to its backing (on a chair, headboard or anything upholstered) help keep stuffing in place by creating square or diamond-shaped pockets. The traditional look has lasted through centuries, and its popularity will continue in modern settings as well. The geometric forms created by tufting can enrich the look of even the most streamlined sofa, and can be achieved without buttons for a more subtle quilted effect.
DO IT YOURSELF
› Table bases are an easily overlooked detail that can benefit from a fun form. I recently found a chunky “golden nugget” side table to make a simple but bold statement. › Origami also makes for great art, brought to a large scale and in new materials.
Plastic
For the most futureforward look, it’s hard to beat the appeal of plastic. With people once again celebrating colour, the vivid tones of translucent materials like acrylic and polycarbonate will be the ultimate source of a hue infusion. Semitransparent materials work best when grouped IMAGE COURTESY together (so their colours OF ELTE overlap and intermingle) or near a light source that will shine through and spread the colour love around. DO IT YOURSELF
› For a quick addition to your condo, a few coloured plastic floating shelves can brighten up a wall. You might not even want to bother finding anything to put on them. › To really make a synthetic statement, try a transparent coffee table or night stand. A piece like this visually floats to keep an airy look while adding a shock of colour that defines a furniture grouping.
DO IT YOURSELF
› A tufted leather sofa is a must-have investment piece, for a luxurious look that is also practical. The material will hold up to wear and be easy to maintain. › Quilting isn’t just for pieces you sit on. It can also dress a cabinet front for a private club appeal.
Origami
People have been developing a fascination with facets, and this love of all things angular is leading to a rise in the ancient art of Origami as an inspiration for complex bent forms in various areas of design. Like with tufting, the angles break up a material for visual interest and allow light to catch the item in different ways, adding the subtle drama that contemporary spaces have been missing in years past.
YANIC SIMARD is New Condo Guide’s design editor, principal designer of TIDG (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, at ysselected.com
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 51
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52
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CELEBRATING SUCCESS
WALL2WALL MEDIA would like to congratulate all of the 2014 CHBA–Alberta Awards of Excellence Finalists
56
WALL2WALL MEDIA is proud to once again be a Gold Sponsor of the CHBA–Alberta Awards of Excellence in Housing
61
CHBA – ALBERTA AWARDS OF EXCELLENCE IN HOUSING
FINALISTS ANNOUNCED The Canadian Home Builders’ Association – Alberta (CHBA – Alberta) is pleased to announce the 69 finalists for the Awards of Excellence in Housing presented by RBC Royal Bank. A record 417 entries were submitted for judging by 156 industry members. Winners in the 23 individual categories plus three prestigious Builder of the Year Awards will be announced September 19 at BUILD 2014 in Jasper. “Many things have changed since the first province-wide housing awards competition was held 30 years ago. Back in 1984 the awards focused on affordable housing with a $39,000 cap on construction costs for single family homes. Today’s awards celebrate the full range of housing options – starting with homes under $245,000 without lot or GST right up to estate homes that top $1,750,000. The best multi-family, green homes, community developments and renovations will also be honoured,” said Stephen Amonson, President, CHBA – Alberta. The Calgary Region leads this year’s competition with 32 finalists, followed closely by the Edmonton Region at 29, and four for both Central Alberta and Lethbridge. In total, 45 companies are in the running for an award. Two companies have a combined total of six homes among the finalists: Albi Homes/Albi Renova and Homes by Avi/Avi Urban. Two builders have three finalists and another 14 companies have double finalists. The highlight of the event is the announcement of the Builder of the Year Awards for the best overall scores in the competition. CHBA – Alberta will present awards to the top multi-family and small-volume builders and the Ralph Scurfield Award to the top large-volume builder. The finalists will be revealed at the awards ceremony. “We are delighted to see record participation in the awards and the broad range of companies chosen as finalists. Our industry has come a long way since 1984 when we built about 7,300 new homes – almost all for single families. Over the years consumer demand has shifted. Now we’re building more than 36,000 homes a year but almost half are duplexes, townhomes and apartments. Whatever their needs, buyers will find outstanding choices by visiting the show homes in their community,” said Jim Rivait, CEO, CHBA – Alberta. CHBA – Alberta is also thrilled to announce the finalists for the Safety Leadership Awards. Eight companies are finalists for the awards sponsored by ATCO Gas. The awards will also be presented at BUILD 2014, CHBA – Alberta’s annual conference.
57
CANADIAN HOME BUILDERS’ ASSOCIATION - ALBERTA
AWARDS OF EXCELLENCE IN HOUSING
FINALISTS ANNOUNCED SAFETY LEADERSHIP AWARDS
ReidBuilt Homes
Sponsored By: ATCO GAS A & B Concrete Pumping | Edmonton All Weather Windows | Alberta Avonlea Master Builder | Lethbridge Broadview Homes | Calgary Bruin's Plumbing & Heating | Central Alberta Daytona Homes | Edmonton Qualico | Edmonton Stepper Custom Homes | Calgary
SINGLE FAMILY UNDER $245,000
Sponsored By: CANADA MORTGAGE & HOUSING CORPORATION Homes by Avi | Tristan | Edmonton ReidBuilt Homes | Sage | Calgary UrbanAge Homes | D18-Modern | Edmonton
SINGLE FAMILY $245,000 - $260,000
Parkwood Master Builder
Sponsored By: BLANKET HOME WARRANTY Daytona Homes | Scion | Edmonton Falcon Homes | Cove | Sylvan Lake Rococo Homes | Cottonwood | Spruce Grove
SINGLE FAMILY $260,000 - $290,000 Sponsored By: ROBINSON LIGHTING & BATH CENTRE Daytona Homes | Concorde | Edmonton Jayman | Renew | Calgary White Eagle Homes | Willow | Edmonton
SINGLE FAMILY $290,000 - $310,000
Daytona Homes
Sponsored By: HUNTWOOD CUSTOM CABINETS Caliber Master Builder | Elmwood Custom | Edmonton Parkwood Master Builder | Avalon | Edmonton San Rufo Homes | Anthony | St. Albert
SINGLE FAMILY $310,000 - $340,000
Sponsored By: EMPIRE DRYWALL Ashcroft Master Builder | Griffin | Lethbridge Brookfield Residential | Belvedere | Calgary Vesta Properties | Brighton | Airdrie
SINGLE FAMILY $340,000 - $370,000
Falcon Homes
58 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
Sponsored By: TRANE Ashcroft Master Builder | Marpole II | Lethbridge Falcon Homes | Brighton | Sylvan Lake San Rufo Homes | Nicholas II | St. Albert
SINGLE FAMILY $370,000 - $410,000
Sponsored By: CALGARY HERALD & EDMONTON JOURNAL Pacesetter Homes | Gabriel | Edmonton Stepper Custom Homes | Conrad | Calgary White Eagle Homes | Sandstone | Edmonton
SINGLE FAMILY $410,000 - $490,000 Sponsored By: MASCO CANADA Estata Developments | Mardaloop I | Calgary Vesta Properties | Ashley | Airdrie Vicky's Homes | Cruz | Edmonton
Stepper Custom Homes
SINGLE FAMILY $490,000 - $600,000 Sponsored By: AVIVA CANADA/ NATIONAL HOME WARRANTY GROUP San Rufo Homes | Kaitlyn | St. Albert UrbanAge Homes | Copperwood | Edmonton Vicky's Homes | Brooke | Edmonton
ESTATE HOME $600,000 - $800,000 Sponsored By: GEM CABINETS Brad-Mar Homes | Elbow Valley West Residence | Calgary Signature Homes | Sedona II | Lethbridge Van Manna Homes | Campbell Residence | Calgary
San Rufo Homes
ESTATE HOME $800,000 - $1,000,000 Sponsored By: CAN-CELL INDUSTRIES Albi Homes | Elgin Estates Residence | Calgary Albi Homes | Sorano | Calgary Perry Signature Homes | Chelsea | Edmonton
ESTATE HOME $1,000,000 - $1,750,000 Sponsored By: WALL2WALL MEDIA Albi Homes | Monticino 4 | Calgary Perry Signature Homes | Augusta | Edmonton Sorento Custom Homes | Ridgewood | Red Deer
Albi Homes
ESTATE HOME OVER $1,750,000 Sponsored By: WEISER PFISTER Empire Custom Homes | Cedar Estates | Calgary Empire Custom Homes | Trophy House | Calgary Marco Antonio Homes | Platinum | Sturgeon County
MULTI-FAMILY TOWNHOME OR DUPLEX UNDER $300,000 Sponsored By: GRANT THORNTON Avi Urban | Edison-Scarlet | Calgary Homes by Avi | Tristan | Edmonton Sterling Homes | Sensation | Edmonton
Homes by Avi
MULTI-FAMILY TOWNHOME OR DUPLEX $300,000 - $400,000 Sponsored By: LENNOX Avonlea Master Builder | Genesis | Lethbridge ReidBuilt Homes | Opus | Calgary White Eagle Homes | Emerald | Edmonton
*Single Family and Estate home category prices do not include lot or GST.
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 59
MULTI-FAMILY TOWNHOME OR DUPLEX OVER $400,000 Sponsored By: BRIDGEWATER BANK Blok Home Development & Design | Kensington Trio | Calgary Homes by Avi | JV3 | Calgary Jayman | Edgewater Villa | Calgary
Jayman
MULTI-FAMILY APARTMENT UNDER $325,000
Sponsored By: FIRSTSERVICE RESIDENTIAL Avi Urban | Sawyer Silverado | Calgary Qualex-Landmark | Calla | Calgary Rohit Communities | Vantage | Edmonton
MULTI-FAMILY APARTMENT OVER $325,000
Rohit Communities
Sponsored By: MATTAMY HOMES Abbey Master Builder | Modern Oasis | Red Deer Qualex-Landmark | Calla | Calgary Streetside Developements | St. John's Tenth St. Unit 412 | Calgary
COMMUNITY DEVELOPMENT
Sponsored By: CHRISTENSON COMMUNITIES PROUD MEMBER OF ALBERTA COMMUNITY BUILDERS Brookfield Residential | Auburn Bay | Calgary Heritage Pointe Properties | Artesia | Calgary Hopewell Residential Management | Mahogany | Calgary
GREEN HOME
Landmark Group of Builders
Sponsored By: BUILT GREEN CANADA Avi Urban | Hornell | Calgary Landmark Group of Builders | Emerald II | Edmonton Landmark Group of Builders | Mendelssohn II | Edmonton
RENOVATION UNDER $200,000
Sponsored By: ALBERTA HARDWOOD FLOORING Albi Renova | Ranchlands Renovation | Calgary Aquarian Renovations | Blue Quill Residence | Edmonton Ashton Luxury Living | Shaganappi Estates Renovation | Calgary
RENOVATION $200,000 - $500,000
Kon-Strux Developments
Sponsored By: JELD-WEN WINDOWS & DOORS Albi Renova | Arbour Lake Renovation | Calgary Albi Renova | Rurral Renovation | Calgary Kon-Strux Developments | Cliff Bungalow Project | Calgary
RENOVATION OVER $500,000
Sponsored By: CARRIER ENTERPRISE CANADA Ackard Contractors | Saskatchewan Drive Residence | Edmonton Ackard Contractors | Valleyview Residence | Edmonton Alair Renovations | Sunhill Estates Residences | Edmonton
THE CANADIAN HOME BUILDERS' ASSOCIATION - ALBERTA (CHBA - ALBERTA) IS THE VOICE OF THE RESIDENTIAL CONSTRUCTION INDUSTRY IN THE PROVINCE. IT REPRESENTS OVER 1,500 BUSINESS MEMBERS INCLUDING NEW HOME BUILDERS, RENOVATORS, DEVELOPERS, TRADE AND SUPPLY COMPANIES, AND PROFESSIONAL SERVICES.
60 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
IN THE NEWS
ALBERTANS TOPS AMONG CANADIANS
in terms of paying down their mortgages faster A NEW CIBC POLL FINDS THERE HAS BEEN A SIGNIFICANT
decrease in the number of Canadians using today’s low interest rates as an opportunity to accelerate repayment of their mortgages. Alberta residents, however, are among the tops in the country at taking actions to pay down their mortgages faster. While more than half of Canadians with mortgages (55 per cent) are taking one or more actions to pay their mortgages down sooner, a similar poll last year found that more than two-thirds (68 per cent) were taking steps to accelerate their repayments. The poll also finds Canadians with mortgages saying, on average, that they will be 58 years of age before they become mortgage-free. Key findings of the poll:
» 55 per cent of Canadians with mortgages are taking one or more actions to repay their mortgage faster, down from 68 per cent in a similar poll last year » Among those taking some action: • 32 per cent accelerated their payment frequency (down from 42 per cent in 2013) • 28 per cent increased their payment amount (compared to 30 per cent last year) • 18 per cent made a prepayment/lump sum payment (15 per cent in 2013) » 58 is the average age that Canadians with mortgages expect to be mortgage-free, a small increase from age 57 in last year’s poll “A mortgage is the largest debt most Canadians will take on in their lifetime, and being mortgage-free is an important goal for many,” says Barry Gollom, vicepresident, secured lending and product policy, CIBC. “With current low interest rates, this may be an opportune time to make progress against your mortgage – even a few small changes can make a big difference in the length of time it takes to pay off your mortgage and the amount you pay in interest charges.” Recent research from CIBC shows that Canadians are spending more this year on other items such as home renovations (up 30 per cent from a year ago), and summer vacations (up 20 per cent from last year). “With mortgage rates remaining relatively stable and at historic lows for the last few years, some
Canadians may not be as focused on paying down their mortgages as when interest rates are higher,” says Gollom. “Generally, paying off debt as quickly as possible is a smart decision, but you do need to ensure you’re not focusing on your mortgage at the expense of your other financial plans, or by increasing debt elsewhere.” Paying off your mortgage sooner can result in significant savings, which can have a large impact when applied to your other financial goals. Here are some specific examples of how the savings can add up, using a mortgage of $250,000 (the Canadian average), with a 4.99-per-cent interest rate and a 25-year amortization, and regular monthly payments of $1,453: » Increase payment amount: Taking the regular monthly payment amount and topping it up by $147 per month would save you four years and $34,362 in interest on your mortgage. » Accelerate payment frequency: Most Canadians are paid every two weeks; aligning your mortgage payments with your pay deposit and making accelerated bi-weekly payments of $726 would result in saving four years off the life of your mortgage, and a reduction of $30,970 in interest charges. Combining this with increased payments as above (an extra $74 bi-weekly) would together save you seven years and $57,182. » Make pre-payments/lump sum payments: Not a lot of families have a few thousand “extra” dollars lying around, but even using your annual tax refund towards your mortgage can make a difference. The average Canadian tax refund is $1,600 – applying that amount to your mortgage each year would reduce the amortization by four years and save you $33,103 in interest. Using all three of these strategies in combination would shave nine years off the life of your mortgage, and result in total savings of $73,785. “If becoming mortgage-free sooner is something you want to achieve, it’s important to look at your mortgage as part of your overall financial picture, and to balance your mortgage payment plan against your other goals,” says Gollom. NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 61
MARKETPLACE
SERVING UP
STYLE // BY ELISA KROVBLIT
A great serving tray is the all-important accessory for outdoor entertaining. Match your tray to your outdoor decor for added sophistication.
Tip!
A tray with handles is easier to manage. Stronger materials will be more sturdy, leaving you in control with less of a balancing act. Higher edges keep items from rolling or sliding off. And practice before piling it on! Showing off its grain, this American walnut tray offers contemporary style. Willoughby Large Tray. $75. Visit crateandbarrel.com
âžş
Fresh and light, this classic tray has an easy-to-clean surface. Klack Tray. $13. Visit ikea.ca
A pop of bright yellow for some summer fun. Square Hi-Gloss Yellow Tray. $35. Visit cb2.com
Hand woven and rustic, this is a perfect fit for entertaining outdoors. Nito Oval Serving Tray. $95. Visit williams-sonoma.com
Don’t forget the little extras: napkin weight, ice bowl, citrus slices, bottle opener & fresh flowers
62 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
SouthEastEdmonton North Saskatchewan River
106 Ave.
101 Ave.
BASELINE RD.
98 Ave.
90 Ave.
34 St.
d. rR pe Ro
86 St.
63 Ave.
50 St.
. Rd yll Arg
75 St.
83 St.
99 St.
76 Ave.
ood Park Fwy. Sherw
7
17 St.
Whyte - 82 Ave.
Whitemud Fwy.
51 Ave.
8
43 Ave.
38 Av e.
39 Ave.
Calgary Trail North QE II
91 St.
Millwoods Rd.
34 Ave.
4 1
Anthony Henday Dr. 216
9 3
Ellerslie Rd.
5
11
91 St.
66 St.
10
50 St.
Parsons Rd.
4
23 Ave.
2
101 St.
MAP LISTINGS
6
30 St.
41 Ave.
7 URBAN VILLAGE ON WHYTE
1 CHARLESWORTH BY LANDMARK COMMUNITIES
BY CARRINGTON COMMUNITIES
5503 - 3 Ave. SW
7805-71 Street
2 SOUTHWINDS
8 ASPEN MEADOWS
BY CARRINGTON COMMUNITIES
BY LANDMARK URBAN LIVING
6084 - Stanton Dr. SW
43A Ave. & 23 St.
3 WALKER LAKE LANDING
9 SOUTHERN SPRINGS
BY CARLISLE DEVELOPMENTS
BY PARK HOMES
Corner of Welsh Dr. & Watt Blvd SE 4 TAMARACK
655 Watt Blvd. 10 THE EDGE IN ELLERSLIE
BY LANDMARK COMMUNITIES
BY DAYTONA HOMES
655 Tamarack Rd.
#44, 6520-2 Avenue SW
5 MAPLE WAY GARDENS
11 ELEMENTS AT WILLOWHAVEN
Off of Maple Road & 8 Street
BY CARRINGTON COMMUNITIES
6 TRAILS OF MILLCREEK ESTATES BY PARKWOOD MASTER BUILDER
34 St. & 35A Ave.
56 Street & 7 Avenue
SOUTHEAST EDMONTON | Call Nav 587.521.1444
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CONDOS FROM THE $180’S 5515 – 7TH AVENUE SW NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 63
HOT TOPIC
MOVING MADE EASY Smart planning tips to save time and trouble
MOVING COMES WITH A MIX OF EMOTIONS
THREE TO FOUR WEEKS PRIOR TO MOVING DAY
THAT CAN BE OVERWHELMING. You may
1. Estimate how large a rental truck you’ll need. In general, allow 150 cubic feet of truck space for each fully furnished room. 2. Get the packing supplies you need. Save time by ordering your moving supplies like boxes, labels, bubble wrap and packing tape online early. Sometimes you can collect boxes at work or ask your local grocery store if they have any to spare. 3. Start packing. Begin with out-of-season and non-essential items. This is also a good time to lighten your load. If you haven’t worn or used it in a year, donate it to charity.
feel excited to live in a new home, but getting all your possessions moved can be stressful. The key to having a smooth move is staying organized and following a schedule similar to what the pros use. The first step is to not worry about your upcoming move. If you follow this simple time line and heed a little valuable advice, any move can be quick, easy, organized and stress-free! 64 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
SOUTHEAST 4. Utilize technology. Did you know you can use your smartphone to quickly and easily rent a moving truck with Penske’s new mobile rental option? Use your smartphone to access PenskeTruckRental.com, and the site automatically becomes an easy-to-use mobile version. A few clicks and you’ll reserve the perfect moving truck for your moving day, saving you time and headaches. TWO WEEKS PRIOR TO MOVING DAY
1. Change your address with the post office, and update your address with banks, credit card companies and professional associations. 2. Call service providers and utilities to discontinue cable TV, water, gas and electricity. If your move date is flexible, consider scheduling cut-off for a day or two after you move, just in case there is a delay and you still need those services. 3. Ask for help. Get a crew of family and friends to save the date to help on moving day. You’ll need some strong folks to help move boxes and furniture, and some others who are willing to watch children and pets so they don’t get in the way. ONE DAY PRIOR TO MOVING DAY
1. Finish any remaining packing. Reserve one box for essentials which will be the last box you pack and likely the first one you open at your new destination. Include items like cheque books, credit cards, IDs, glasses, prescription drugs, house keys and other necessities. 2. Pick up your truck rental the day or evening before the move to save time on moving day. Penske professionals will get you familiarized with your vehicle and help you verify the best driving directions to your new home. They’ll even check the upcoming weather and give you any necessary driving advice. MOVING DAY
1. Pack the truck. Load the heaviest items first. When loading and unloading, be sure to bend your knees and lift with your legs, not your back. Work diligently, but be sure to take breaks and stay hydrated. 2. Leave early in the morning. You’ll run into less traffic and you’ll leave yourself extra time to unload at your destination. Take turns driving and take breaks once every two to three hours. 3. Get help unpacking. After a long drive you’ll appreciate assistance unloading the moving truck. If possible, have friends or relatives ready to help at your destination. ARA NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 65
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Beauvista Dr.
14
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Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
d Blv
TO EDMONTON
21 .
Brentwood Blvd.
ood Dr. Sherw
Grana d
7
a
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Sherwood Dr.
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1 PRINCETON COURT Y GRANDE DESIGN B 301 Palisades Way
6 ELEMENTS ASPEN TRAILS BY ROHIT COMMUNITIES 100 Axbridge Gate
2 C REEKSIDE VILLAGE IN SUMMERWOOD BY QUALICO LIVING Summerwood Blvd. off Clover Bar Rd.
7 ESTATES AT SUNVIEW LANE BY QUALICO LIVING 5300 Sunview Lane
3 ELEMENT LOFTS & FLATS BY QUALICO LIVING 41 Summerwood Blvd. 4 LAKELAND RIDGE
8 ETON PARK VILLAS
BY CHRISTENSON COMMUNITIES
Emerald Hills Aspen Trail & Eton Blvd.
9 WINDSOR PARK
BY ABBEY LANE HOMES
BY LANDMARK COMMUNITIES
219 Charlotte Way
5 CENTRE IN THE PARK
271 Charlotte Way
BY CHRISTENSON COMMUNITIES
2021 Sherwood Dr.
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 67
FUNDAMENTALLY SPEAKING
// BY WAYNE KARL
WATCH THE CHANGING RETAIL LANDSCAPE
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 at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl
T
arget’s 2013 expansion into Canada – and subsequent retrenching this year – represent an important exercise in economic and community development. The U.S. retail giant announced in 2011 it was moving north with a $1.8-billion acquisition of up to 200 Zellers store leases, with most of the initial openings coming from renovating existing Zellers locations.
to see if your neighbourhood may be on the upswing
While the expansion may not have gone quite as planned, with Canadian consumers not exactly enthralled with Target’s product offerings and pricing strategy, there’s no question the move will continue to have a significant impact on the Canadian retail landscape – particularly as the company builds greenfield outlets in new locations. Walmart also recently announced plans to spend $500 million to complete 35 supercentre projects over the next year. The U.S. retailer says it will spend more than $376 million to build, expand, relocate or remodel stores, as well as invest additional funds on operational improvements. For homeowners and prospective homebuyers, this is all good news – and a very good reason to pay attention. Such major retail developments are a significant influence on land development and housing. When the likes of Target, Walmart, Costco and other major players set up shop, particularly in a new location, it’s a good sign an area could be on the upswing. Like proximity to mass transit, schools and other amenities, being close to shopping is a major attraction for builders and, of course, prospective homebuyers. These features are among the key determining factors to enjoying your home while you live there, as well as for potential resale value in the future. Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods. These companies make careful, long-range and well-planned decisions in lockstep with municipalities and developers, based on hard data, research and demographic information. This is why major retail expansion is good news: it’s an indicator the economy continues to strengthen; and, for those looking to buy a home, it’s a sign to look out for new or expanding neighbourhoods and solid buying opportunities. Such retail developments, combined with the associated employment gains, and economic and infrastructure improvements, point to new and expanding homebuying options. So, while you’re out there looking for your new home, look around for the big box stores. If they see a bright future for your prospective neighbourhood, chances are it will make a sound buying decision for you.
Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods 68 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
lvd .
Leduc
4
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 5
Simpkins Wynd
6
MAP LISTINGS
1 WINDROSE
3 ROYAL WEST HOMES 81 Acacia Circle
BY LANDMARK COMMUNITIES
61 Windrose Drive
4 SUNTREE POINTE
2 THE SPRINGS AT BRIDGEPORT
BY DAYTONA HOMES MASTER BUILDER
133 -142 Selkirk Place
BY CHRISTENSON COMMUNITIES
5 THE RUSHES OF SOUTHFORK BY HUNTER RESIDENTIAL DEVELOPMENTS
401 Southfork Drive 6 SOUTHFORK STREET TOWNS BY HOMES BY AVI
419 Simpkins Wynd
102 Bridgeport Crossing
WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion. A great place to call home! POPULATION 15,000 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
Remarkable New 2 bedroom, 2.5 bathrooms townhomes from the mid $200’s
To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL kit@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 69
MORTGAGE MATTERS
// BY ALYSSA RICHARD
IS THE LOWEST RATE ALWAYS THE BEST DEAL? » L OW PREPAYMENT PRIVILEGES: Most mortgage products give holders the option to increase their monthly mortgage payment amount once per year and/or make lump-sum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lump-sum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage-free fast, this may not be the right product for you. »
COLLATERAL CHARGE:
»
While most mortgages in Canada are closed, some mortgage products’ restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product Investors Group offered a couple months ago didn’t allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
A
t ratehub.ca we’re in the business of comparing mortgage rates, but we know there’s more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promotional rates to bring in new clients, but many of those offers come with serious restrictions and penalties. Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:
If the lowest rate ends up being for a collateral mortgage, you’ll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage after the fact, you would need to hire a real estate lawyer (and pay legal fees).
CLOSED MORTGAGE:
Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate.
If you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate 70 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
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
3 MONTROSE ESTATES 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 inter-connected walkways
For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 71
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!
NorthEastEdmonton 9 M Fo ANNIN GF rt WY. Rd . 34 St.
137 Ave.
Rd .
137
Fo rt
132 Ave.
129 Ave.
120 Ave. 95 St.
118 Ave.
58 St.
122 Ave.
121 Ave.
. Ave d. 112 Blv a Ad
CAPILANO BRIDGE
MAP LISTINGS
1 TOPAZ BY PARK HOMES
70-8318 180 Ave. 2 SHOREWINDS CONDOMINIUMS
3 STATION POINTE BY BCM HOMES 403 Belvedere Way 4 NORTHSHORE
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
22 St.
104 Ave. North Saskatchewan River
5 BRINTNELL SUMMIT BY QUALICO LIVING 445 Brintnell Blvd NW
9 ELEMENTS CY BECKER BY ROHIT COMMUNITIES 118 Cy Becker Blvd.
6 CLAREVIEW VISTAS
10 E LEMENTS AT MCCONACHIE
BY LANDMARK COMMUNITIES
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
7 11 Hooke Rd. Hermita ge Rd. YEL LOW HEA DT RAI L 38 St.
3
127 Ave.
20 St.
144 Av e.
151 Ave.
. Ave 144 6 Ave.
Victoria Tr.
50 St.
66 St.
12
34 St.
87 St.
8 16710Ave. 5
82 St.
97 St.
. 160 Ave . e v A 153
195 Ave.
4 2
91 St. 1
3625 144 Ave NW 7 T HE AVENUE AT HERMITAGE
BY CARRINGTON COMMUNITIES
1188 Hyndman Road
8 AIR HARBOUR/ALTITUDE BY ROYAL WEST HOMES 175 McConachie Dr.
BY CARLISLE GROUP
167 Ave. & 53 Street 11 E LEMENTS AT HERMITAGE BY CARRINGTON COMMUNITIES
Hyndman Crescent 12 CASSELMAN LANDING BY ROHIT COMMUNITIES #1, 5203 - 149 Ave.
NORTHEAST EDMONTON | Call Falisha 780.473.9143
elementsbycarrington.ca Please see our ad on the inside back cover
CONDOS FROM THE $180’S 1180 HYNDMAN ROAD (Off Victoria Trail, Second right on Hyndman Crescent) NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 73
NORTHEAST
WHO LIVES IN THE LANDINGS? Rohit Communities has partnered with the City of Edmonton’s First Place Program - an initiative to redefine home ownership for first time buyers. The Landings Townhomes are now selling in North Edmonton!
KAYLA CASSELMAN LANDING HOMEOWNER
WHAT DO YOU DO?
I’m a high school teacher. WHAT’S YOUR FAVORITE THING ABOUT YOUR NEW NEIGHBOURHOOD?
It’s close to the LRT, which is really nice. I also like how there’s a whole bunch of new shops and a theatre going in all really close by. It’s pretty close to my parent’s house too, which is nice. WHERE DO YOU SEE YOURSELF IN FIVE YEARS?
I’m hoping to still be teaching, hopefully starting a family - getting married, having children, all that kind of stuff. So, in five years I’m hoping to be more stable. I don’t know if that’s actually stable, but I guess that’s what everyone calls it! WHAT SHOULD PEOPLE KNOW ABOUT THE FIRST PLACE PROGRAM?
That it exists! I just happened to Google townhouses for sale and it was something that came up - I had never heard of it before. I think the big thing is getting the word out that this program exists, and that it’s an option for young professionals. WHAT ARE THE BENEFITS OF BUYING IN A FIRST PLACE PROGRAM NEIGHBOURHOOD?
Definitely price, which is a big factor, and you know the people living by you are also first-time homeowners – so, you’re kind of all in it together. DO YOU THINK THE FIRST PLACE PROGRAM HELPED YOU?
Absolutely, it’s such a good deal. You get so much for your money. I couldn’t find anything as big or with as many features as this house anywhere else and for this price. So, it has definitely helped me.
RohitCommunities.com 74
TOWNHOMES FROM THE $260,000’S REDEFINING YOUR FIRST HOME! Now Selling in Casselman Landing, a brand new Rohit Communities project in Edmonton’s Northeast! Casselman Landing is offering townhomes up to 1295 sq. ft. featuring two or three bedrooms, laminate, tile, granite in the kitchen, appliances, full landscaping and upgrades are available! Live maintenance free year round! Close to services, shopping, entertainment and amenities.
153 Ave
N
50 St
Yellowhead Trail EDMONTON
Prices subject to change. Whyte Ave
50 St
Whitemud Drive
75 St
VISIT THE SHOWHOME AT 5203 149 AVE NW Gateway Blvd
Calgary Trail
23 Ave
CALL LYNN AT 780.914.1565
RohitCommunities.com 75
NORTHEAST
FALL POSSESSIONS AVAILABLE
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
76 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
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
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
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!
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 77
NORTHEAST
MODERN ADULT VILLAS • Ceramic tile & hardwood • Gourmet kitchen with pantry • Full appliance package • Fireplace • Window coverings • Central vacuum • Deck & landscaping • Hardie board exterior finish • Maintenance free living
70% SOLD! TIME IS RUNNING OUT!
DONATE TODAY. STOLLERYKIDS.CA
GREAT PURCHASE INCENTIVES FOR THE MONTH OF MAY!
587-521-4009
With your support, the Stollery Children’s Hospital Foundation is able to provide life-saving equipment, research that paves the way for new treatments and cures, medical innovations and specialized training, so that every child has the chance to go home again.
www.airharbour.ca Open Mon-Thurs 2-8pm, Sat-Sun 12-5pm 175 McConachie Drive For more information contact: Nina Flora
STYLISH TWO-STOREY TOWNHOMES Starting from the $270’s!
Soar to New Heights with Exceptional Standard Features at Amazing Prices HARDWOOD & CERAMIC TILE FIREPLACE & FULL APPLIANCE PACKAGE Great Purchase Incentives
780.466.4099
|
altitudeliving.ca
For more information contact: Nina Flora Altitude located at: 450 McConachie Way | Mon-Thurs 2-8pm, Sat-Sun 12-5pm Showhome is by appointment only.
78 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
ONLY 2 UNITS REMAINING!
HURRY IN!
NORTHEAST
QUICK TIPS
// BY HELLEN BUTTIGIEG
A DOSE OF REALITY
Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com and sign up for the free newsletter.
Keep it real. You’ll never get organized. Read that again. Yes, that’s what I said. You’ll never get organized because being perfectly organized is not a realistic expectation. Just to be clear, organization is not a destination. You don’t just wake up one day and find that you’ve arrived. It’s a process – a work in progress. So, if you are judging yourself against unrealistic expectations, or holding back on pursuing a goal because you are waiting until you “get organized, once and for all,” perhaps it’s time to look at things differently. Instead of trying to get organized, strive to become more and more organized every day. Doesn’t that feel more attainable? Instead of feeling stuck, you’ll be able to take a step forward. Use your instincts. Are you surrounded by piles of papers on your desk, your floor and any other flat surface in your office? Don’t fight your instincts, work with them. Rather than trying to adapt to traditional ways of filing, like using a lateral filing cabinet, use horizontal methods instead. Use stacking trays or literature sorters, which can be placed on your desk or installed on the wall. Now label them with the categories you use most. It will be easier to adapt to filing papers when you don’t have to change your piling habit. Out with the old, in with the new. Are you holding on to things that you’ll
Y
ou want everything to fit away neatly, display perfectly and know exactly where everything is when you need it. That’s what being organized is all about. But is that realistic? Being organized doesn’t happen overnight and it doesn’t have a finish line. Getting organized is a process, learn what works for you.
Organization is not a destination. You don’t just wake up one day and find that you’ve arrived. It’s a process – a work in progress.
never use again? Very often people unconsciously jam their homes full of stuff because the sheer volume gives them a feeling of comfort and security. If you are operating from a need for abundance, remember that your success as a person has nothing to do with all the outdated or rarely used stuff overflowing from your closets. In fact, it’s probably blocking your prosperity. Let go of what you don’t need to make room for new things to come into your life. Plan before de-cluttering. Before beginning any de-cluttering project, determine in advance how you will dispose of the items you no longer want. If you have valuable pieces and would like to sell them, decide whether you will do this yourself or hire someone to do it for you. If you would like them to go to charity, which one and where are they located? Some charities will pick up, so call them to find out when they will be in your area. It’s not until those boxes and bags leave your home that you will reap the full rewards of de-cluttering. Planning in advance will curb procrastination and ensure full completion of the task. Feeling stuck? If you find yourself backsliding when it comes to maintaining your organizing systems, don’t berate yourself, as this will sap your energy and prevent you from doing anything about it. Rather than dwelling on what went wrong, focus instead on what needs to be done. Just say “oops” and move on to taking action.
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FortSaskatchewan ER AT S DW N RE IBBO G
ES UT ON IN ONT M 7 DM E TO
21 ay K hw PAR Hig OD N. O O 1 ERW NT SH MO TES TO & ED MINU 0 1
Hig hw ay
15
. 2 St
t. 82 S
Westpark Drive
e. ve. Av 95A A 94 We stp ark 84 St. Wo Blv od d. Clo sme se re
15
ve. 97 A
BR 17 K UD M ER TO HE IM
1
e. Av
St. 101
99
e. Av 99
ay hw Hig
rth No
1
er Riv an w e tch ska Sa
2
Wilshire Blvd.
MAP LISTINGS
1 ELEMENTS SENNA
2 CLIO
BY ROHIT COMMUNITIES
BY PARK HOMES
1 Santana Cres.
#94th St Southfort Drive
WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community. “Move in Next Door... Neighborly Fort Saskatchewan”.
POPULATION Over 14,700 LOCATED Adjacent to the northeast boundary of the provincial capital, the City of Edmonton & 30 km from downtown Edmonton SCHOOLS 6 Public Schools, 3 Separate Schools, 1 Christian School GROCERY Sobey’s Station Square, Canada Safeway,
Extra Foods, Garden Market IGA RECREATIONAL FACILITIES Dow Centennial Centre, Tennis courts, campground, golf courses, bowling lanes, baseball diamonds, indoor pool, outdoor ice rinks (2), curling rinking, indoor soccer, gymnasium, fitness centre
MEDICAL FACILITIES Hospital, local ambulance, 5 medical clinics PARKS & PATHWAYS 360 hectares of park/ recreational/natural land with 29 km of paved trails for walking, running, biking, rollerblading & cross-country skiing
For more information contact Tanya Stillborn (780) 992-6408 or visit our website at www.fortsask.ca or e-mail: tstillborn@fortsask.ca
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 81
FORTSASKATCHEWAN
82
Morinville 1
MAP LISTINGS
1 MAPLE BROOKE VILLAS BY DYNASTY BUILDERS
Unit 44, 9511 - 102 Avenue
WELCOME TO MORINVILLE Located within a short drive from Edmonton, CFB Edmonton and St. Albert, Morinville offers residents the dual benefits of abundant amenities blended with small town values and community support. Spring 2011 will see the town celebrate the completion of the new Community Cultural Centre, the new focal point for the community. POPULATION 7,600 LOCATED Highway 2, 18 minutes north of Edmonton, 8 minutes north of St. Albert, 15 minutes from CFB Edmonton SCHOOLS Two elementary schools, one junior high and high-tech high school. French immersion is offered at elementary/junior high levels. Morinville is also home to Sturgeon Learning Centre and Morinville
Christian School GROCERY Sobeys, nofrills RECREATIONAL FACILITIES Hockey/curling rinks, ball diamonds, soccer fields, tennis court, walking trail system, 18 hole golf course, extreme sports park and splash park MEDICAL FACILITIES Two clinics and full ambulance service
For more information contact Town Office (780) 939-4361
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 83
INVESTOR ADVICE
// BY ANDREW LA FLEUR
KEEP YOUR EYES ON THE PRIZE 1 | What are your goals? Before you buy any investment condo, you should figure out what your goals are. Are you looking to make a short- or long-term investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run.
Andrew la Fleur is an awardwinning realtor with expertise in the investment condo market. Visit TrueCondos.com/NewCondoGuide or contact Andrew by email at andrew@truecondos.com
S
o, you’ve decided to buy an investment condo. Congratulations! As a first-time investor, there are five questions you need to ask yourself before buying a new condo:
Are you looking to make a short- or longterm investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run.
2 | What can you afford? Talk to your mortgage broker or lender and get a mortgage pre-approval before you start your search. This will help you figure out what you can afford, and will help you start to narrow your search. Also, make sure you are prepared for the developer’s requirements with respect to financing. Most new condos will require a 15- to 20-per-cent deposit up front, as well as a mortgage approval letter showing you can afford the unit you are purchasing. 3 | What is your exit strategy? This is a very important question many first-time investors fail to answer before buying a new condo. Will you buy, hold and rent for the long term before selling? Will you buy pre-construction and then flip (assign) your unit prior to the final closing? Will you buy pre-construction, close on the unit, rent it out for one or two years, and then sell it? Will you buy, wait for completion, and then refinance and re-invest the proceeds? Take time to assess the risks and rewards associated with the different exit strategies and start with the end goal in mind. 4 | What should you buy? Buying a new condo for investment purposes is different than buying for yourself. Some units make better investments than others. Questions to consider include: Which locations are likely to experience the most growth in the next few years? What type of unit is the most attractive to renters? Which type of unit tends to appreciate faster than others? 5 | When should you buy? Understanding the typical marketing cycle that a new condo goes through from pre-construction to completion will help you identify the right time to buy. When buying for investment, it is generally best to buy at the earliest possible stage when a new building launches. This is when prices are the lowest, and availability of investor-grade suites is highest. But there are other great opportunities to buy, including right before the developer meets the sales target to secure construction financing, or during the occupancy stage. In both of these instances developers tend to be highly motivated to sell and this is when they often introduce great buyer-incentives or cash discounts.
84 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
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
TO
tT r.
167 Ave.
ED
M
ON
TO N
156 St.
170 St. Gerva is
Av e. 184 St.
Levasseur Rd.
ud re au
Rd .
ton ins W Sir
er Riv
Bo
. ve lA l i h urc Ch
4
Ga te
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3
Sturg eon Rd .
ve. yA enn K c M
Kin gsw ood Blvd.
lle Be
Ro ad He be rt
. x Rd irou
ron Per
Lacombe Dr.
2
ert . St. Alb
G
1
Element Dr. Erin Rid ge Dr.
TO MORINVILLE
3 BOTANICA
BY VI PROPERTIES
BY BOUDREAU DEVELOPMENTS LTD.
25 Element Drive
105 Bellerose Drive
2 CITADEL VILLAGE
4 TENOR ON THE RIVER
BY CHRISTENSON COMMUNITIES
DEVELOPED BY MCLEOD PROJECT MARKETING
St. Albert Trail & Ridge Drive
35 Sturgeon Road
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 85
STALBERT
LUXURY BY NATURE Open concept luxury condos in the heart of St. Albert
livebotanica.ca
INTRODUCTORY PRICING ENDING SOON Located on the former site of Hole’s Greenhouses, offering stunning river views Sales Centre 105 Bellerose Drive, St. Albert Monday - Thursday: 2pm to 7pm Weekends & Holidays: 1pm to 5pm or by appointment Call 780-218-3828 86 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
Like us on Facebook: Botanica
Follow us on Twitter: @LiveBotanica
HOMEBUYERS’ HELP
condo buyers’
resource section
YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 87
What to do when you hire a contractor Many experienced and reliable contractors work in your community – highly skilled professionals who do business the right way. Unfortunately not all contractors play by the same rules. Some cut corners to offer lower prices. They promise you a “good deal” as long as nothing is written down and you pay in cash. These cash deals can mean a lot of risk for you. Contractors who don’t do business properly don’t protect you from accidents or their mistakes. If there is a work-related injury or damage to your home, you could face lawsuits and financial loss. You could be responsible for your contractor’s unpaid bills. And you could be stuck with work that is incomplete or badly done. While serious, these risks are easy to avoid. Before you agree to let anyone work on your home, take these three simple steps: know who you’re dealing with, make sure you’re protected from risks, and always Get in in Writing! ™
How to find
a good contractor • Ask friends, family and neighbors about contractors they have hired to work on their homes. • Contact your local Home Builders’ Association or other trade association for a list of professional contractors in your community. • Ask your local building materials store if it has a list of recommended contractors. • Ask your utility company if it has a list of recommended contractors. • Check with your local Better Business Bureau to find out if a contractor is a member.
For more advice, including detailed information about contracts plus worksheets you can use when interviewing contractors, visit HiringAContractor.com For a listing of builder and renovator members, contact the Canadian Home Builder’s Association - Edmonton Region. Call 425-1020 or visit their website at chbaedmonton.ca Get it in Writing! provides information to help you make informed choices when you build, renovate, or repair your home. This program is managed by the Canadian Home Builders’ Association with support from the Government of Canada.
Get it in Writing(14/10)-/ja
88 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
HOMEBUYERS’ HELP
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
2 years
3 years
4 years
5 years
ATB Financial
2.700
4.000
2.940
2.890
2.990
3.040
3.290
Bank of Montreal
3.000
4.000
3.140
3.040
3.850
4.390
4.990
Bank of Nova Scotia
3.100
4.550
3.290
3.140
3.440
3.940
4.790
-
4.800
4.700
5.250
-
5.250
Bridgewater Bank
-
CIBC Mortgages
3.000
4.450
2.990
2.940
3.650
4.240
4.990
Canadian Western Bank
3.200
4.000
3.140
3.040
3.750
4.390
4.990
Canadian Western Trust
3.200
4.000
3.140
3.040
3.750
4.390
4.990
First Calgary Financial
-
4.000
2.890
2.890
3.190
3.390
3.290
First National Financial
2.500
3.950
2.990
2.590
2.790
2.770
3.090
Home Trust Company
2.500
3.950
2.890
2.890
2.790
2.940
3.040
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.890
Investors Group Trust
3.000
4.200
3.140
3.140
3.750
4.640
4.990
London Life
3.000
4.200
3.140
3.140
3.750
4.640
4.990
Manulife Bank
2.700
4.450
3.000
3.050
3.100
3.140
3.190
Manulife Trust
-
4.450
3.000
3.050
3.100
3.140
3.190
Meridian Credit Union
2.750
4.000
3.090
3.140
3.650
2.950
3.190
National Bank
3.000
4.400
3.140
3.040
3.750
4.390
4.790
-
4.500
3.150
3.500
3.950
3.950
3.490
President’s Choice Fin’l
3.000
6.190
3.190
2.940
3.590
4.040
4.440
Royal Bank of Canada
3.000
3.140
3.140
3.040
3.750
4.540
4.940
-
4.000
3.140
3.040
3.750
4.240
4.790
T-D Mortgage
3.000
4.000
3.090
3.040
3.440
3.940
4.790
Tangerine
3.000
-
3.190
3.240
3.490
3.690
3.790
Peace Hills Trust
Servus Credit Union
*Rates subject to change without notice.
NewCondoGuide.com | VOLUME 22 ISSUE 09 | NEW CONDO GUIDE 89
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:
90 NEW CONDO GUIDE | VOLUME 22 ISSUE 09 | NewCondoGuide.com
ELEMENTS AT HERMITAGE There’s nothing worse than waking up with regrets, especially when it comes to your new home. In addition to laminate flooring, six appliances and available underground parking, all Elements condos come with the peace of mind that you have purchased a quality home from a reputable local builder. Visit our showsuite at Hermitage and see what sets Elements by Carrington apart from the competition.
Immediate possessions • River views* Convenient access to the Yellowhead & Anthony Henday *May not be available in all suites
Live with no regrets from just $668/month!*
SE SW SE
16A AVE NW
ELEMENTS AT HERMITAGE
FROM THE $160’s
FROM THE $180’s
340 Windermere Road 780.469.6976
1196 Hyndman Road 780.473.9143
ELEMENTS AT Willowhaven
SALES HOURS
FROM THE $180’s
Mon to Thurs 3PM - 8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
56 Street & 7 Avenue 587.521.1444
70 ST
FROM THE $180’s
ELEMENTS AT WILLOWHAVEN
56 Street & 7 Avenue 587.521.1444
ELeMENTS at WINDERMERE
ELEMENTS AT HERMITAGE
ELLERSLIE RD SW 54 ST
NE
W DR N ILLE GAR
7 AVE SW
HENDAY DR
75 ST
111 ST
ELLERSLIE RD WINDERMERE BLVD
23 AVE
34 ST NW 50 ST SW
WHITEMUD DR
RABBIT HILL RD
TERW
SW
50 ST A T MAN R NIN GD R
75 ST
T TR LBER
WINDERMERE RD
SHERWOOD PK FWY
ARGYLL RD
ROSENTHAL BLVD ELEMENTS AT WINDERMERE
ANTHONY
ST A
142 ST
ANTHONY HENDAY DR
WINTERBURN RD
WHITEMUD DR
FROM THE $180’s
YELLOWHEAD TRAIL
WHYTE AVE
FROM THE $160’s 340 Windermere Road 780.469.6976
ELEMENTS AT Willowhaven
HYNDMAN RD
YELLOWHEAD TR
NE
82 ST
137 AVE
ELeMENTS at WINDERMERE
ELEMENTS AT HERMITAGE RD ITAGE R E H M HYNDMAN CR
TOR I
167 AVE
VIC
Y WAY
ALBAN
66 ST
142 ST NW
*Monthly payment based on 5% down and a 25 year amortization.
1196 Hyndman Road
elementsbycarrington.ca 780.473.9143
• Cast-in-place concrete construction • Engineered hardwood floors, Stainless Steel appliances, and overheight ceilings • Guest suite, leisure center and rooftop terraces • Just minutes from shopping, dining, entertainment and many other amenities • Personalize your space with a complimentary interior design consultation • Starting from $240,930
*Select suites only, for a limited time. See Sales Associate for details.
2 color CMYK
RUGBY PARK
ELLERSLIE RD
CALGARY TR
Sales Hours Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
111 ST
SOUTHWEST Call 780.756.2230 10080 Ellerslie Road
DR
GATEWAY BLVD
ANTHONY HENDAY
PART 2: BUILDING EQUITY
West
benefits of purchasing a carrington condo
NW Corner of Rosenthal Blvd & 215 St | 780.426.1686 • Convenient access to the Anthony Henday & Whitemud Drive • 9' ceilings on all floors • Laminate Floors, full height backsplash, and stainless steel appliances • Secure, heated underground parking with storage
Meet Sam.
• Two storey lobby
He's just purchased a Carrington condo here in Edmonton, and it’s changed his life for the better in so many ways!
• STARTING FROM $189,900
Here is just one of the many benefits that Sam is enjoying in his new home so far.
167 Avenue & Albany Way | 587.520.3372 • BUILDING 2 NOW SELLING
• Stainless steel appliances & full height backsplash • Convenient access to St Albert & the Henday • STARTING FROM $189,900
before Sam used to spend a lot of his hard-earned money on rent, which doesn’t build any equity for the future. He couldn’t even paint the walls or personalize his place at all. And he had a creepy landlord to boot.
after Now that Sam has made an investment in his new condo his mortgage payments are building equity for a brighter future. This has resulted in pride of ownership & general awesomeness.
North of 137th Ave along Griesbach Parade
NorthWest
• Exceptional landscaping with easy walkability to neighborhood amenities, parks & ponds
• 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 • 9’ ceilings on all floors • Secure, heated underground parking with storage
P R I N T L O G O A P P L I C AT I O N
• COMING SOON
• One bedroom, two bedroom, & two bedroom plus den suites available • Underground heated parking, laminate flooring, window coverings, and six appliances included S I G N L O G O A P P L I C AT I O N
• Just minutes from shopping, dining & many other amenities
NorthEast
6076 Schonsee Way | 780.476.1137
• STARTING FROM $171,900
• 15,000 ft2 of amenities including a fitness centre, a 3500 ft2 party room with wet bar, kitchen, gas fireplace, games table, billiards & more!
Condo's with benefits from $171,900
• Aquatic Centre equipped with an indoor pool, hot tub, locker rooms, steam room & outdoor patios
STAY TUNED NEXT MONTH FOR PART 3: AMPLE AMENITY SPACES
• STARTING FROM $232,900
SouthCentral
7805–71 Street | 780.461.1622 • Award winning location
2014 Awards of
EXCELLENCE in HOUSING
4042 MacTaggart Drive | 780.756.2230
Sometimes it's good to be all over the map!
• Located in the Uplands of Mactaggart Allure boasts close proximity to stunning natural spaces, fabulous amenities, as well as the Anthony Henday & Whitemud Drive
WITH OVER 10 CITYWIDE LOCATIONS CARRINGTON HAS SOMETHING FOR EVERYONE
• Cast-in-place concrete construction • Double, triple, and quadruple underground parking garages available • STARTING FROM $654,696
ALBANY WAY
L’ATTITUDE STUDIOS
SW
YELLOWHEAD TR
FROM $240,930
4042 MacTaggart Dr SW 780.756.2230
W of 116 St & S of 107 Ave 780.705.1350
FROM $189,900
Albany Way & 167th Ave 587.520.3372
valour
northshore
metallic
• Full height backsplash, laminate floors & six appliances included
WINDERMERE BLVD
STANTON DR
FROM $171,900 NE
• Beautiful ravine views • STARTING FROM $232,900
6076 Schonsee Way 780.476.1137
SALES HOURS Mon–Thurs 3PM–8PM Sat, Sun, holidays 12PM–5PM Closed on Fridays
Central
ELLERSLIE RD
COMING SOON!
N of 137 Ave on Griesbach Parade 780.760.2002
West of 116 St & South of 107 Ave | 780.705.1350 • Flexible floorplans take open-concept living to the next level • Convenient downtown location just minutes from the river valley, recreation, shopping, LRT, Grant MacEwan & NAIT • Ultra-modern studio, one and two bedroom suites • Ample amenities to extend your living space • STARTING FROM THE $170'S
23 AVE
70 ST
FROM THE 180’S
• Walking distance to a vibrant new town centre, future LRT PMS 2204: 32C2M7Y1K stationPMS1545: & recreational complex, Blackmud Creek Ravine 53M100Y72K & much8583more
TERW
NW
AVIVA
1144 Adamson Drive SW | 587.520.6775
RABBIT HILL RD 111 ST
7805 - 71 Street 780.461.1622
WHITEMUD DR
30 AVE SW JAMES MOWAT TRAIL
DR
FROM $232,900
ONLY 5 SUITES LEFT!
GAR
URBAN VILLAGE
ARGYLL RD
ROSENTHAL BLVD ILLE
CEN
FROM $165,900
SHERWOOD PK FWY
75 ST
• STARTING FROM $230,900
vibe
S CEN
• Stylish suites come with six appliances, laminate floors & 9’ ceilings
WHYTE AVE
WHITEMUD DR
HENDAY
• Building features underground parking, fully equipped fitness centre, convenient guest suite & social room with wet bar and billiards
ANTHONY
FROM $654,696
75 ST
ALLURE
308 Ambleside Link | 780.438.1513
T TR LBER
1144 Adamson Dr SW 587.520.6775
142 ST
FROM $193,900
ST A
É LAN
ANTHONY HENDAY DR
11080 Ellerslie Road 780.756.2230
WINTERBURN RD
SouthWest
E’SCAPES
• Just minutes from shopping, dining and many other amenities
66 ST
• Guest suite, leisure centre & rooftop terraces
97 ST
FROM $230,900 308 Ambleside Link 780.438.1513
82 ST
• Engineered hardwood floors, stainless steel appliances & overheight ceilings
• STARTING FROM $240,930
167 AVE IA T R
• Cast in place concrete construction
FROM $189,900 1004 Rosenthal Blvd 780.426.1686
DR
11080 Ellerslie Road | 780.756.2230
W
jade
TOR
EXCELLENCE in HOUSING
VIC
2014 Awards of
beautiful ravine views
two storey lobby & 9’ ceilings on all floors walking distance to a vibrant new town centre, future lrt station and recreational complex, blackmud creek ravine and much more
full height backsplash, laminate floors & six appliances included soon to be connected to the qe2,, just minutes to the airport
ANTHONY HENDAY DRIVE
SOUTHWEST Call Craig at 587.520.6775 1144 Adamson Drive SW
RAI ES MO WA TT JAM 30 AVE SW
ALLARD LINK SW
127 ST SW
L
ELLERSLIE RD
111 ST SW
starting from just $193,900 SALES HOURS Mon to Thurs: 3PM – 8PM Sat, Sun & Holidays: 12PM – 5PM Closed on Fridays
FIND YOUR
M
ST. ALBERT
Ra y
Groat Road
Dr ive Terw illeg ar
17 Street
Calgary Trail
23 Ave
N
day Drive y Hen 111 Street
2
4. EDMONTON NORTH WEST Starling at Big Lake
Gateway Blvd
A nthon
Whitemud Drive
1
Duplexes Single Family Homes
5. EDMONTON NORTH Casselman Landing
6. SHERWOOD PARK Aspen Trails
7. FORT SASKATCHEWAN Sienna
Townhome Condominiums
Duplexes
Duplexes
Cy Becker
Sherwood Park
Duplexes Single Family Homes
Single Family Homes
RohitCommunities.com
Highway 21
Whitemud Drive
Duplexes Single Family Homes
RohitCommunities.com
50 Street
75 Street
3
6 Cloverbar Road
Highway 14
Wye Road
Ellerslie Road
For all full list of locations and home styles visit RohitCommunities.com
Baseline Road
Whyte Ave
Edgemont
With homes for sale in a variety of unique communities dotted across the city, you'll find that our locations are always close to shopping, services, amenities, restaurants and entertainment with easy access to major roadways.
Range Rd 230
66 Street
il Tra rt
EDMONTON
Whitemud Drive
Duplexes
Rohit Communities is a leading home builder in Edmonton, Sherwood Park and surrounding communities. Its diverse portfolio consists of bungalows, single family homes, two-storey duplexes, townhomes and apartment condos.
FORT SASKATCHEWAN
Yellowhead Trail
Anthony Henday Drive
Duplexes Single Family Homes
YOUR NEW HOME IN EDMONTON
7
e Av
Yellowhead Trail
2. EDMONTON WINDERMERE Glenridding Heights
3. EDMONTON WEST Hamptons
99
ive
Dr
5
153 Ave
lbe
4
g nin an
ive Dr
.A
137 Street
Townhome Condominiums Callaghan North Bungalow Community
St
Callaghan Landing
ny tho An G
ay nd He
127 Street
Townhomes Single Family Homes Bungalow Community
Drive bon ib
THIS SUMMER!
1. EDMONTON SOUTH Allard
92 Street
NEW HOME
EDMONTON & AREA
VISIT A ROHIT SHOWHOME TODAY SOUTHWEST EDMONTON
NORTHWEST EDMONTON
Glenridding Heights |
Starling at Big Lake |
TOWNHOME
NEW! 2351 Glenridding Boulevard SW Call Candice at 780.990.9588
Call Pam at 780.938.5478
Allard |
NORTHEAST EDMONTON
BUNGALOW
Cy Becker |
2303 Abbott Crescent SW Call Kevin at 780.862.1060
Allard |
Call Chris at 780.995.6054
TOWNHOME
FORT SASKATCHEWAN
Call Blair at 780.909.9141
Callaghan North |
Sienna |
BUNGALOW
2632 Bowen Way SW
•
•
•
•
Located in the vibrant area of Aspen Trails in Sherwood Park. Find great amenities for all of your life’s needs with easy accessibility to major roadways. Duplexes up to 1510 square feet with two or three bedrooms. Features such as laminate, tile, and granite are included with many upgrade options available. Condominium Duplexes allow for a maintenance free lifestyle! Appliance allowance, landscaping and deck are also included.
Starting from $335,400
as of July 29, 2014, prices subject to change
Visit the showhome at 400 Churchill Crescent in Sherwood Park or Call Wende at 780.952.1572 for more information!
DUPLEX
118 Cy Becker Blvd NW
675 Allard Boulevard SW
NOW SELLING DUPLEXES IN ASPEN TRAILS
DUPLEX
2407 Sparrow Crescent NW
DUPLEX
JUST RELEASED! 1 Santana Crescent Call Kathy at 780.446.2643
Call Kevin at 780.862.1060
Callaghan Landing |
TOWNHOME
1778 Cunningham Way SW Call Lynn at 780.914.1565
WEST EDMONTON
Hamptons |
DUPLEX
1753 Hammond Crescent NW Call Kim at 780.906.9808
For all product listings and more information visit RohitCommunities.com
SELLING FAST!
DOUBLE Your Pleasure Call 780.940.1803 or visit radiancecondos.ca
THIS Summer MAKE OWNING A NEW CONDO OR TOWNHOME HAPPEN! Visit Our Sales Centre at 160 Ave. & 96 St. Monday through Thursday 3-8 PM Weekends & Holidays Noon-5 PM | Closed Friday
Check Out This Other GREAT Footprint Development Executive Townhomes from the $280’s 9535 - 217th Street
YELLOWHEAD TRAIL
STONY PLAIN RD.
GREEN DR. 87 AVE. N W
R
SECORD Sales Center
WHITEMUD DR.
In West Edmonton
178 ST.
WEBB E
ANTHONY HENDAY DR.
217 ST.
Lake
215 ST.
WINTERBURN RD.
BLVD. ORD SEC
www.secordcorners.ca
STONY PLAIN RD.