NOV 6 - DEC 4, 2015 VOLUME 23, ISSUE 12, FREE
EDMONTON EDITION
SHOWHOME SHOWDOWN
River’s Edge Villas at Cameron Heights INSIDE THIS ISSUE
EDMONTON CONTINUES TO BEAT ECONOMIC EXPECTATIONS
NEW ARENAS BOOST REAL ESTATE VALUES
NEW LTR LINE UP AND RUNNING
BATTLE OF THE
FINISHING
TOUCHES
SHOWHOME SHOWDOWN It’s a showdown between interior designers where you get to be the judge. Help Homeward Trust in ending homelessness by purchasing a passport for a $5.00 donation. Complete a passport to vote for your
#1, 3090, Cameron Heights Way
favourite design and enter our draw to win.
Showhome hours: Mon - Thurs 1 - 6 PM Weekends 1 - 5 PM Or by appointment 780.554.8342.
style bungalow community located in Cameron
River’s Edge Villas is an active adult living, duplex Heights that offers you style, comfort and peace of mind with luxurious finishes, urban amenities and year round maintenance services.
S T E NS IES
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The Name in Active Adult Living
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VISIT OUR 3 SHOWHOMES TODAY!
COM
LY ON TES I 6 SU T! LEF
NOW PRE-SELLING
Westmount Shopping Centre, Next to Smitty’s
OME
S T E NS
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W N M IN O O TE W VE R BE I N A FO R R R E IV ES !
Empty nesters live the
VIP Life FREEDOM. SPACE. STYLE. NOW. A fabulous community featuring two bedroom condos priced from the $300s. Ideal for those who are downsizing, our suites are spacious, luxurious and waiting for someone like you. You've worked hard. It's time to reward yourself and live the VIP Life.
IMMEDIATE POSSESSIONS AVAILABLE
Karen@abbeylanehomes.com 2045 Grantham Court 4窶ズPNEXTHOME.CA
780.974.4757 S O L A R A L I V I N G . CA
2 NEW SHOWSUITES NOW OPEN! SPACIOUS CONDOS FROM THE LOW $200s
VISIT OUR SALES CENTRE
FREE UPGRADES!
145 Ave. 127 St.
• Granite counters throughout • Full laminate flooring • Ceramic tile in kitchen, bathrooms & laundry
12650-142 Ave 142 Ave.
N
Mon-Thur: 3-7pm • Sat, Sun & Holidays: 1-5pm Closed Fridays
Building Luxury Lifestyle Communities in the Edmonton area since 1980. abbeylanehomes.com
Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884
AbbeyLaneHomes
@AbbeyLaneHomes1
info@abbeylanehomes.com
430
SHERWOOD PARK $ CONDOS FROM
BIWEEKLY!*
• 2 new showsuites now open • Advanced stage of construction • Spacious layouts from 747 to 1014 sqft • Granite countertops throughout • Spacious food prep island with eating bar • Stained maple cabinets with brushed nickel hardware • Porcelain tile in kitchen, entrance, baths & laundry • Fitness room with select equipment
1-BEDROOMS FROM $220s
2-BEDROOMS FROM $240s
AP
Road eG
ridg
Axb
land
e Lak
Road
Abbey
ate
e Driv
Clove r Bar
Sherwood Drive
Highway 16 (Yellowhead)
SHERWOOD PARK
N
MON-THURS: 3-7PM SAT, SUN & HOLIDAYS: 1-5PM
aspenparkliving.ca 587.269.2012
2 AUGUSTINE CRESCENT
*Biweekly mortgage payment based on 10% down with 2.70% over 25-year amortization. Consult Area Manager for details.
Building Luxury Lifestyle Communities in the Edmonton area since 1980. abbeylanehomes.com
Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884
AbbeyLaneHomes
@AbbeyLaneHomes1
info@abbeylanehomes.com
Southwest Edmonton
He nd ay
Building Luxury Lifestyle Communities in the Edmonton area since 1980. abbeylanehomes.com
Rabbit Hill Rd
An th on y
h r ut ga Sowille r Te
Te rw ille ga rD r
23 Ave
N
Suite 200, 10568 109 Street NW Edmonton AB T5H 3B2 780.425.2884
AbbeyLaneHomes
@AbbeyLaneHomes1
info@abbeylanehomes.com
10窶ズPNEXTHOME.CA
that’s m o o R g A Livin ut – O r a F y l Tru
? g i D u o Y
E X E C U T I V E T OW N H O M E S • •
Approximately 1700 sq.ft. developed living space (including basement) Oversized double garage
• • •
Hardwood floors Granite countertops Stainless steel appliances
Grande Design lets you have it all with chic, modern designs and traditional, quality craftsmanship. Spacious, trendy living rooms with plenty of space to show off. The last 10 units are move-in ready.
Visit GrandeDesign.ca for more information.
Sherwood Park | 301 Palisades Way | Prices starting in the $350’s*
Modern Homes. Classic Values. CALL KATIE AT
780-708-2989
*Prices subject to change
EDMONTON’S RESIDENTIAL MARKET TO REMAIN HISTORICALLY STRONG IN 2015 & 2016
Canada Mortgage and Housing Corporation (CMHC)
In the Edmonton regional resale market, CMHC
expects the number of Edmonton regional new housing
is projecting the number of resale transactions to
starts to decline by 32.3% in 2016, according to the
contract overall in 2015 and 2016 by 11.9% and 1.7%
agency’s 2015 Fall outlook.
respectively. Average price movements in this market are, however, expected to remain positive this year and
This decline is expected to be driven by a 47.6%
next by growing 0.8% and 1.5%.
reduction in annual multi-family starts and a 5.1% reduction in single-family starts. According to CMHC,
Intelligence House tracks an index that keeps a running
these projected contractions will be coming off of annual
total of all annual Edmonton regional resale housing
housing start growth rates that should total +49.1% for
transactions and new home absorptions, as well as
multi-family and -13.6% for this year.
average price movements. From this database, we calculate our own estimations of the total transaction
While some of these 2016 housing start reduction levels
value of the Edmonton regional resale and new
may seem severe, it is important to understand that
housing market, and projections for this value based
these predictions were based on the idea that builders
on the updated expectations of CMHC and our own
will act to control inventory levels of those homes not
expectations derived thereafter.
immediately absorbed upon finishing, as too much of this sort of housing supply can place downward
This model, in consideration of the above expectations,
pressures on new housing prices. This is why CMHC
currently predicts the total transaction value of
is projecting that the average price of absorbed new
Edmonton’s regional market should equal roughly
housing will finish this year up 5.5% and grow by an
$11.3 billion in 2015 at a level that will be near equal
additional 1.5% in 2016.
to the value computed for 2014 (-0.006%). Looking ahead, this value is expected to fall to $10.4 billion or
As of September 2015, the number of new housing
by 8.4%.
absorptions has been strong by historical comparisons and Intelligence House expects this number will come
By historical comparisons, both of these values remain
to total 12% greater annually this year. However, we
respectively higher than those values calculated from
are expecting this number to decline by 23% in 2016,
2013 back to 2010, the year that our index begins. In
based on CMHC’s housing start expectations for that
other words, the value of Edmonton’s total transaction
year. 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.
levels continued to reach historic records in 2015 and is projected to remain high by recent accounts in 2016. From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales / leasing services to the real estate industry. 12 YPNEXTHOME.CA
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
STONEHAVEN Ⅰ
WHY RENT WHEN YOU CAN OWN! FROM $950 PER MONTH PLUS ASK ABOUT OUR DOWN PAYMENT PROGRAM ELLERSLIE RD
66 ST SW
WATT BLVD SW 64 ST SW
12 AVE SW 13 AVE SW
GET IN TOUCH TO LEARN MORE! EMAIL stonehaven@landmarkgroup.ca CALL 780-701-3086 VISIT 812 Welsh Drive SW
WELSH DR SW
*Visit the Village at Walker Lake’s Stonehaven Condo Sales Centre for complete details. Offer subject to change without notice and is not combinable with any other offer.
PROUDLY BUILT BY
it’s what’s inside
theVWL.ca
contents NOV 6 - DEC 4, 2015 | VOLUME 23 ISSUE 12
35
43 46 46
buyers’ resources
16
Web Directory
73
Mortgage Rates
in every issue
17
Editors’ Note
35 Neighbourhood Profile 74
What’s Online
advice
43 CHBA Alberta
Edmonton an economic standout by Jim Rivait
14 YPNEXTHOME.CA
54 Mortgage Advice
Interest rates likely to remain low
Inspiration
46 Home Decor Nice Legs
trending
58 We shoot, we score!
Report says new arenas boost real estate values
64 Transit
New Edmonton LRT line rolling on despite problems
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani SALES MANAGER, ALBERTA
NOV 6 - DEC 4, 2015 VOLUME 23, ISSUE 12, FREE
Shelley Balla ART DIRECTOR
Victoria Cigan EDITOR
ON THE COVER
22
EDMONTON EDITION
River’s Edge Villas at Cameron Heights
SHOWHOME SHOWDOWN
River’s Edge Villas EDMONTON CONTINUES TO BEAT ECONOMIC EXPECTATIONS
NEW ARENAS BOOST REAL ESTATE VALUES
CONTRIBUTING EDITORS
Wayne Karl, Sara Duck (on leave) Elisa Krovblit DESIGN EDITOR
Yanic Simard
SALES REPRESENTATIVES
Shelley Balla 587.784.4044 Nancy Chemait 780.619.3241 Natalie Houghton 587.226.1313
NATIONAL CIRCULATION MANAGER
at Cameron Heights INSIDE THIS ISSUE
Marlene Eisner Lydia McNutt (on leave)
John Jenkins NEW LTR LINE UP AND RUNNING
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Hannah Yarkony GRAPHIC DESIGNERS
Viosa Barileva Miguel Cea Mike Terentiev
64
PO Box 458. Station Main, Edmonton, AB T5J 2K ypnexthome.ca
ADVERTISING Call 587.784.4044 for advertising
district maps
055 North West
020 Edmonton Region
059 Downtown
021 West
069 South Central
rates and information. CIRCULATION Free distribution in select high-
025 Spruce Grove 027 South West
+ online
037 South East 041 Sherwood Park 045 Beaumont
NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.
047 Leduc 049 North East 051 Fort Saskatchewan 053 St. Albert
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 15
Web Directory BUILDERS/DEVELOPERS Abbey Lane Homes Addison Condos Californian Parkland
BUILDERS/DEVELOPERS www.abbeylanehomes.com www.theaddisonoffwhyte.com www.vipliving.ca
Carrington Communities
www.carrington.ca
Cascade Luxury Condos
www.cascadecondos.ca
Centurion Townhomes Christenson Developments Ltd. Coventry Homes Daytona Homes Master Builder Encore Tower Footprint Developments Fox Two Grovenor Manor
www.centuriontownhomes.com www.cdlhomes.com www.coventry-homes.com
Secord Corners Solara at Skyview Stafford Greens Symphony Tower Tessco Incorporated
The Rushes of Southfork
www.foxtowers.ca
The Signature
www.rohitcommunities.com www.secordchalet.com www.secordcorners.ca www.solaraliving.ca www.staffordgreens.com www.symphonytower.ca www.edmontoncondo.com www.brass3.com www.rushesofsouthfork.ca www.signatureambleside.com www.ultimatower.ca
Ultima
www.grovenormanor.com
Homes by Avi
www.homesbyavi.com
Park Homes
Secord Chalet
www.encoretower.com www.footprintdevelopments.ca
www.parkwoodmasterbuilder.com
Rohit Communities
The Leger
www.grandedesign.ca
Lang Built Homes
Parkwood Master Builder
www.daytonahomes.ca
Grande Design Homes
Landmark Group
Find your next condo online, it’s easy!
www.landmarkgroup.ca www.langbuilthomes.com www.parkhomes.ca
RELATED BUSINESS Canadian Home Builders’ Association – Alberta
www.chbaalberta.ca
Canadian Home Builders’ Association – Edmonton
www.chbaedmonton.ca
Dangie K-9 Service Inc. Your Condominium Security Specialists
››
www.dangiek9services.com
If you wish to advertise your Web site in our Web Directory please call 587-784-4044
16 YPNEXTHOME.CA
Editors' Notes
EXPLORE WINDERMERE
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
TAKE A TOUR ONLINE ypnexthome.ca/windermere-neighbourhood
Targeted info for your benefit Before we launched our new look and website, YPNextHome.ca, we brought a formal focus group of Canadians together to ask about real estate. We specifically questioned what factors in someone’s life would make them want to move. One of the top three reasons was the desire to live in a different neighbourhood. Respondents said they wanted access to better schools and amenities such as transit, shopping, greenspace and parks. With so many areas for you to choose from, we created a Canadawide resource of neighbourhood
information and listings – on a local level. On YPNextHome.ca, you’ll find statistical information on more than 2,700 neighbourhoods, featuring data, listings, fun facts and more. We’ve included a ton of interesting info on key residential neighbourhoods, including photos and video tours. Check out Windermere, for example. We hope you’ll explore a few of the neighbourhoods we’ve curated for you on our new website. Drop us a line and a photo about what you love about your favourite neighbourhood. We’d love to hear from you!
Looking for a new space
MARLENE EISNER Senior Editor Yellow Pages NextHome Email: Marlene.Eisner@ypnexthome.ca
+ get social
We all want different things when it comes to where we want to live, and what we want to live in. Some people dream of panoramic views from the 34th floor, while others desire a residential community that’s close to downtown to be near the heart of it all. The beauty of the real estate market in Edmonton is that no matter what you desire — be it the height
of a building, an amazing array of amenities or the size of your suite — you are almost certain to find what you are looking for. From low-rise to highrise, minimilist to high-end lux, there is a generous variety of options from which to choose, many at affordable price points. Take the time to check it out. You may just find what you’re looking for.
Interact with us on social media: ypnexthome
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 17
LOOKING FOR A NEW HOME? It’s only a tap away.
Find the perfect new home or condo in the neighbourhood that fits your lifestyle. START SEARCHING NOW!
download the app
visit us online
Trending
Teen parents find a home Changing Futures Foundation completes Project Touchdown IT WAS A LIVELY MORNING SEPT. 15 in the community of Montrose as the
Changing Futures Foundation gathered with members of Terra Centre for Teen Parents, municipal and provincial dignitaries, Carrington Communities and Bedrock Homes staff and local construction trades to celebrate the completion of Project Touchdown. Project Touchdown, a newly constructed four-plex and the first initiative from the Changing Futures Foundation, will provide temporary, affordable, secure housing for teen parents from Terra Centre while they complete their post-secondary education. The four-plex was completed in the summer of 2014 and four young families have already moved in and have been busy making this their new home. This project was realized because local trades and a local builder worked together to support this charitable initiative. Changing Futures Foundation was founded in 2011 by Ken Ferchoff, owner of Carrington Group of Companies, an Edmonton-based builder and land developer. Ferchoff saw a need in Edmonton to serve those who really needed that bridge between current circumstances and building a brighter future for themselves and their families. Therefore, the mandate of the Changing Futures Foundation is to give a hand up and not a hand out. Recognizing the need for access to safe, affordable housing, the Changing Futures Foundation strives to help develop diverse, healthy communities in Edmonton; communities that are inclusive and balanced where people are given a chance to thrive. “We are thrilled to see this first project from the Changing Futures Foundation come to life and excited to celebrate alongside the people who truly made this possible — our trade
MORE TRENDING ONLINE ypnexthome.ca/news
partners and donors,” says Ferchoff. “It is an honour to have been able to partner with Terra Centre for Teen Parents in this initiative and be able to work together to benefit these young families and give them a chance at a brighter future.” Terra Centre is a non-profit organization serving pregnant and parenting teens in Edmonton since 1971. With support from individuals and groups in the community, Terra helps more than 600 young people a year cope with the issues surrounding teen pregnancy. “Terra is so very proud to have partnered with the Changing Futures Foundation for their first project. Changing Futures is what they are accomplishing!” says Karen Mottershead, executive director of Terra Centre. ”The four young families that are benefitting from the four-plex are all building stronger futures in stable, safe and affordable housing while attending postsecondary. Education is key to a more promising future and thanks to Changing Futures, all their donors and supporters, the future looks brighter for these young parents and their children.” NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 19
RAY GIBBON DR.
M AR K
M ES
SIE R
TR A IL
RT BE AL
MERIDIAN STREET (0 St.)
ST.
137 Ave.
AIL TR
DR.
Lessard Road DR.
QE II
James Mowatt Trail
127 St.
141 St.
170 St.
Cameron Heights Drive
*LEERQV
Interchange
28A
EDMONTON & REGION Check Each Area District Map For More Information SEARCH ONLINE ypnexthome.ca
20窶ズPNEXTHOME.CA
&DOPDU
213 St.
West Edmonton Yellowhead Trail
WHITEMUD FWY.
199 St.
6
124 St.
QUESNELL BRIDGE
Callingwood Rd.
35 Ave
North Saskatchewan River
11 12
1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES
2035 Grantham Court 2 GROVENOR MANOR BY PELHAM MASTER BUILDER
10126 – 144 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS
9535 - 217 Street 4 STAFFORD GREENS BY STAFFORD GREENS LTD
62 Ave & Getty Gate
GROAT BRIDGE
142 St.
163 St.
149 St.
156 St.
178 St.
170 St.
7
87 Ave.
69 Ave.
4
MAP LISTINGS
9 2
159 St.
8 1
175 St.
Rosenthal Blvd.
102 Ave.
Stony Plain Rd. 100 Ave. 95 Ave.
182 St.
ANTHONY HENDAY
3
Stony Plain Rd.
107 Ave.
a en d. Bu ta R Vis
Winterburn Road (215 St.)
Secord Blvd.
5 10
Ma yfie ld
Rd .
111 Ave.
5 JADE
9
BY CARRINGTON COMMUNITIES
1004 Rosenthal Blvd 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER BY QUALICO LIVING
GLENORA SKYLINE 10220 - 140 Street
10 RENEW IN ROSENTHAL BY DAYTONA
1 &2 8209-217 Street NW 11 THE PARC AT EDGEMONT 35 Ave & Edworthy Way 12 HAVEN TOWNHOMES
9820 165 Street
BY BROOKFIELD RESIDENTIAL
8 VIP AT CALIFORNIAN PARKLAND
7385 Edgemont Way
BY ABBEY LANE HOMES
2035 Granthan Court
SEARCH ONLINE ypnexthome.ca
WEST EDMONTON
Call Trent 780.426.1686
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $199,400 Please see our ad between pages 18 and 19
1004 ROSENTHAL BLVD
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 21
WEST
River’s Edge Villas
E
xclusivity is the secret to what makes the River’s Edge Villas at Cameron Heights by Christenson Developments so special.
Located in a quiet cul-de-sac in Southwest Edmonton, just off Anthony Henday Drive, Cameron Heights is a 40-home development that offers buyers the opportunity to live in luxury, yet be surrounded by nature. Of those 40 homes, 17 are walkouts, looking over a beautifully maintained pond. And every one of the 40 homes looks out onto pristine parkland and Wedgewood Ravine vistas. “The Cameron 22 YPNEXTHOME.CA
Heights community is very well-situated, very special, very exclusive and very quiet,” says Karey Lear, a lifestyle consultant with Christenson Developments. “The location is just spectacular. The community is surrounded by walkways and parkland. No other houses back onto this project.” Each home comes with luxurious finishing features: hardwood floors, granite kitchen counters, and tiled bathrooms. Each master bedroom has an ensuite bathroom, and each home’s great room has a gas fireplace.
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Depending on the model and location, prices range from $539,900 to $609,900. The price includes GST, basement development and a three-hour consultation with an interior designer. The River’s Edge Villas’ condo fee will take care of snow, lawn, building maintenance and insurance for each home as well as the property management fee and contribution to the Reserve Fund. There are plenty of amenities close at hand, too. Within a seven-minute drive, you’ll find the Currents of Windermere Shopping Centre, which offers a full array of shopping, including banking, grocery stores, restaurants, wine and coffee shops.
HardiePlank and stone exteriors with exposed aggregate driveways complement the surrounding community. “The great rooms have beautiful vaulted ceilings, which makes them feel very grand and spacious,” Lear says. “And there is a wall of windows in each great room, which lets in a ton of light, as well as a transom window over the garden door. It is just spectacular.” Three sizes are available: 1,270 square feet, 1,300 square feet or 1,380 square feet with development basement areas that include a full bathroom and bedroom as well as a large family room. There is some unfinished area available in each basement for storage and workrooms, Lear notes.
The first homeowners will be moving in this fall. A testament to the development’s charm and beauty is that more than 50 per cent of the River’s Edge Villas homes are already sold! Three show homes are available to view at River’s Edge Villas, a Christenson Developments community located in Cameron Heights, 3090 Cameron Heights Way Show Homes open Monday – Thursday 1-6 p.m. Saturday, Sunday and holidays 1-5 p.m. NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 23
Spruce Grove MAP LISTINGS H
ar v e 3 Ridg st 4
eD
r
r ve D Gro est W
Vanderbilt Common 2 1
3
1 SILVERLEAF AT JUBILEE PARK 500 Grove Dr 2 CENTURION TOWNHOMES BY PK DEVELOPMENTS 20 Vanderbilt Common
3 EDGEWATER VILLAS BY LANG BUILT HOMES
Jennifer Heil Way
Just off of Harvest Ridge Dr 1
2
To Highway 16
Stony Plain MAP LISTINGS 1 BARTH & GOSSET MANOR BY JAFFER DEVELOPMENTS
Main St - 5211 50th St Highway 16A, To Edmonton
47 Ave.
48 St.
50 St.
52 Ave.
South Park Dr.
44 Ave.
Golf Course Rd.
1
46 St.
To Jasper
2 WESTERRA MANOR Golf Course Rd & 79 Avenue 3 WILLOWS END BY JAFFER DEVELOPMENTS
48 Street & Willow Park Rd
Fairway Dr. 55 Ave. Oatway Dr. 3
79 Ave.
2
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 25
SPRUCE GROVE
Freedom.
Noun: Own a home of your own Positive cash flow-passive income
Mortgage payment from $400 O.A.C. 1-844-722-6477 | www.LivingattheNest.com
26窶ズPNEXTHOME.CA
Show Suite Now Open
South West Edmonton 51 Ave.
105 St.
111 St.
119 St.
40 Ave.
SOUTH
WHITEMUD DR.
34 Ave.
Rabbit Hill Road
2
19
14 13
Ellerslie Road 141 St.
16
127 St.
17
21
22
7
23 8
4
Anthony Henday Dr. Ellerslie Rd.
3
30 Ave.
9
6
50 St.
10
23 Ave.
Blackburne Drive
91 St.
24
MacEw an Road
Parsons Rd.
2
9 Ave.
20
101 St.
15
19 Ave.
Saddleback Rd.
Dr.
James Mowatt Tr.
Ha dd ow
14
91 St.
23 Ave.
18 11
66 St.
1
Calgary Trail North QE II
104 St.
Belgravia Rd.
Lansdowne Dr.
Ter will ega rD r.
ay Dr. y Hend Anthon
North Saskatchewan River
Riverbend Rd.
Fox Dr.
113 St. 109 St.
76 Ave.
QUESNELL BRIDGE
41 Ave.
MAP LISTINGS 1 THE LEGER BY BRASS III DEVELOPMENTS
625 Leger Way 2 LUX CONDOS
7 VISTA POINTE IN CHAPPELE GARDENS BY BROOKFIELD RESIDENTIAL
4470 Prowse Rd SW 8 JAYMAN MODUS 3837 Powell Wynd SW 9 ELAN BY CARRINGTON COMMUNITIES
1144 Adamson Dr SW 1306C Windermere Way 10 ELEMENTS AT WINDERMERE 3 VISTAS AT BY CARRINGTON COMMUNITIES CALLAGHAN NORTH 340 Windermere Rd. BY Z2
BY ROHIT COMMUNITIES
2632 Bowen Way SW 4 ATRIA BY PARK HOMES
2803 James Mowatt Trail 5 ALLURE
11 GROVE ON 25TH TOWNHOUSES IN THE ORCHARDS
12 CREEKWOOD LANDING BY CARLISLE GROUP
11804 - 22 Ave SW 13 E’SCAPES BY CARRINGTON COMMUNITIES
11080 Ellerslie Road 14 CROSSROADS OF RUTHERFORD BY STREETSIDE DEVELOPMENTS
1816 & 1820 Rutherford Dr 15 THE SIGNATURE
BY BROOKFIELD RESIDENTIAL
3305 Orchards Link SW
BY CARRINGTON
BY ROHIT COMMUNITIES
675 Allard Blvd SW
5151 Windermere Boulevard
BY ROHIT COMMUNITIES
16003 10 Avenue SW (located off 170 and south of Ellerslie rd) 17 ALTIUS GRAYDON HILL BY STREETSIDE DEVELOPMENTS
1005 Graydon Hill 18 THE SANDS BY BROOKFIELD RESIDENTIAL
4050 Savaryn Dr 19 SPARROW LANDING AT LARCH PARK (NET ZERO TOWNHOMES) BY LANDMARK COMMUNITIES
7504 May Common
COMMUNITIES
4042 MacTaggart Dr 6 ALLARD TOWNHOMES
BY WESTRICH PACIFIC
16 GLENRIDDING HEIGHTS TOWNHOMES
20 SOUTH TERWILLEGAR BY PARK HOMES
4105 - 7323 South Terwillegar Dr. 21 LANGDALE TOWNHOMES BY ROHIT COMMUNITIES
704 176 Street SW 22 PIVOT RUTHERFORD BY AVERTON HOMES
Ellerslie Rd & 119 St 23 CREEKWOOD CHAPELLE BY AVERTON HOMES
28 Ave & 141 St 24 TRIUMPH AMBLESIDE BY STREETSIDE DEVELOPMENTS
1115 Armour Link SW
SEARCH ONLINE ypnexthome.ca
SOUTHWEST EDMONTON Call Craig 587.520.6775
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $237,900 Please see our ad between pages 18 and 19
1144 Adamson Drive SW
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 27
SOUTH WEST
28窶ズPNEXTHOME.CA
Only 5 Award-Winning Town Homes Left at Close-Out Pricing! IATE D E IMM SSION SE POS
Park Homes is proud to have received the 2015 Canadian Home Builders‘ ‘Award of Excellence in Housing’ for the highly successful Atria town homes, located in the vibrant new Callaghan South community. Plan to visit Atria soon to see what makes our homes so appealing to a broad range of purchasers. Created in a timeless Georgian style, with elegantly proportioned architecture, well-designed front entrances and charming window boxes. Contemporary
home has an attached double garage!
Prices starting from the $290’s incl. GST Designer Show Homes open at: 2803 James Mowatt Trail, South West Edmonton Tel: 780.809.8580 Mon to Thurs: 3 – 8pm Weekends and Hols: Noon – 5pm Closed Friday
atria.parkhomes.ca follow us on
and
SOUTH WEST
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-
30 YPNEXTHOME.CA
doctors and other professionals, schools and golf courses. And being close to both the Anthony Henday and the Whitemud Freeway makes commuting quick and simple. There are a handful of floorplans to choose from, and suites start under $300,000. Now selling and possessions start in Feb 2016. Of course, the sooner you get in the more choice you have on floorplans and units. So swing by the sales centre today at 625 Leger Way. For more information, you can also go to www.brass3.com, or call Troy Stenson from Re/Max River City at 780-918-0678 or 780-439-7000.
SUITE 106, 1550 SQ FT
BRASS3.COM
W
hen people think about the typical apartment-style condo in Edmonton they think about a 600–800 sq ft home. That’s why BRASS III’s new project, The Leger, will come as a pleasant and unexpected surprise. Designed for those who love the Riverbend area, who want the maintenance-free lifestyle that a condo offers, but who want lots of living space, The Leger delivers.
DISCOVER THE
UNEXPECTED...
...DISCOVER
the LEGER
AN EXCITING NEW DEVELOPMENT BY
BRASS III LOCATED IN THE HEART OF TERWILLEGAR JUST STEPS TO REC CENTRE & TRANSIT STATION
NOW 70% SOLD
CONSTRUCTION HAS BEGUN Leger Blvd
Rabb
ay Leger W
TERWILLEGAR REC CENTRE
rR
TRANSIT STATION
LOCATED AT 625 LEGER WAY
REGISTER ONLINE FOR EXCLUSIVE UPDATES AND
Terwilleg
ar Dr
d
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
31
SOUTH WEST
32窶ズPNEXTHOME.CA
ES T I U S FINAL ! F F O L SEL 780.803.0888 info@signatureambleside.com 5151 Windermere Blvd
$50,000 OFF!
On ALL remaining villas starting from
$599,000
The Villa
1500 s.f.
Imagine a home where luxury and privacy meet convenient condo living. The beautiful villa suites feature a private elevator from the exclusive main floor indoor parkade direct to your suite. Floor to ceiling windows offering 280 degree views frame a picturesque landscape out over a pond and park. SAFEWAY
SALES CENTRE: Mon -Thur 1-6:30pm Saturday 12-5pm
5151 Windermere Blvd. SW 780.803.0888 info@signatureambleside.com
WINDERMERE BOULEVARD
SALES CENTRE SIGNATURE
AMBLESIDE DRIVE
Suzy always wanted to be a homemaker
Get the hands-on training you need to get into the trades. Our industry-recognized programs are delivered in a supportive learning environment so that you can start to build your future now. Visit us at
womenbuildingfutures.com
Neighbourhood Profile
Windermere A community of modern amenities and access to nature By Dajana Fabjanovich
Fast facts Average household income
$131,523 Family structure
FAMILIES
COUPLES
SINGLES
42%
39%
19%
Own vs. rent
9%
RENTERS
TAKE A VIDEO TOUR ONLINE ypnexthome.ca/windermere-neighbourhood
AN URBAN-INSPIRED SUBURB within the city, Windermere is a vibrant new development in southwest Edmonton. Windermere comprises the communities of Ambleside, Windermere North, Upper Windermere, Langdale, Glen Ridding, Riverpointe, Keswick, Westpoint Estates and Windermere Drive. Lifestyle Windermere is a safe, friendly and welcoming community with an abundance of modern amenities. Residents can find all their retail needs close by, and it’s an ideal neighbourhood for active types who will appreciate the nearby walking trails and golf courses. Vibe One of Edmonton’s fastest growing neighbourhoods, Windermere brings all the amenities of a town into a suburban community. What
makes it special is the abundance of greenspace, a mix of parks and numerous walking trails all in proximity to shopping, entertainment and dining opportunities. Meet the Neighbours From singles and young families to empty-nesters and retirees, Windermere is home to a variety of residents at every stage of life.
91%
OWNERS Most common home type DETACHED HOMES Education levels
51% UNIVERSITY
25% HIGH SCHOOL
24% COLLEGE
SOURCE: ENVIRONICS
Planes, Trains & Automobiles Linked to two major thoroughfares — Anthony Henday Drive and Whitemud Drive — residents can easily access the city. Edmonton International Airport is a short drive away, and for those without a vehicle, public transit is available during peak hours. The Good, the Bad & the Rest Windermere is home to the Currents, a large shopping and entertainment complex. A medical centre opened
in 2014 and two nearby schools are to be built in the next few years, with space for more than 1,600 students. Real Estate Southwest Edmonton has seen major growth in the past few years. Rising popularity has resulted in increased vehicle traffic and longer bus rides for transit users. On the positive side, Windermere residents still enjoy the feeling of small town living.
Dajana Fabjanovich is a freelance writer and communications specialist.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 35
New 2015 Annual Coming soon
On Now! Watch for it! OnStands Stands Now! October 2012
The stories behind Edmonton’s top builders, developers & new communities
36 YPNEXTHOME.CA
South East Edmonton North Saskatchewan River
106 Ave.
101 Ave.
BASELINE RD.
98 Ave.
90 Ave.
ood Park Fwy. Sherw
17 St.
d. rR pe Ro
86 St.
63 Ave.
34 St.
. Rd yll Arg
50 St.
99 St.
76 Ave.
75 St.
83 St.
Whyte - 82 Ave.
Whitemud Fwy.
51 Ave.
38 Av e.
39 Ave.
8
43 Ave.
34 Ave.
2
4 1
Millwoods Rd.
91 St. Calgary Trail North QE II
1
23 Ave.
CHARLESWORTH
Ellerslie Rd.
41 Ave.
5
LARKSPUR LANDING
9
SOUTHERN SPRINGS
BY LANDMARK COMMUNITIES
BY ROHIT COMMUNITIES
BY PARK HOMES
5503 - 3 Ave. SW
2845 - 43 Ave NW
655 Watt Blvd.
REVV
6
WALKER LAKE LANDING
7
Corner of Welsh Dr. & Watt Blvd SE TAMARACK BY LANDMARK COMMUNITIES
655 Tamarack Rd.
AURORA BY MELCOR HOMES 1090 & 1092 Watt Promenade SW
BY CARLISLE DEVELOPMENTS
4
50 St.
9 6 10 2 11 7
91 St.
66 St.
Parsons Rd.
3
BY INFINITY HOMES 1480 Watt Drive
3
4
Anthony Henday Dr. 216
101 St.
MAP LISTINGS
30 St.
5
ELEMENTS AT WILLOWHAVEN BY CARRINGTON COMMUNITIES 5521- 7 Avenue SW
8
10
THE EDGE IN ELLERSLIE BY DAYTONA HOMES #44, 6520-2 Avenue SW
11
THE VILLAGE AT WALKER LAKES BY LANDMARK COMMUNITIES 804 Walsh Drive SW.
ASPEN MEADOWS BY LANDMARK URBAN LIVING
43A Ave. & 23 St.
SEARCH ONLINE ypnexthome.ca
SOUTHEAST EDMONTON Call Amanda 780.761.3144
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
CONDOS FROM $241,900 4008 Savaryn Drive SW
Please see our ad between pages 18 and 19
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 37
it’s what’s inside
SOUTHWEST
BEARSPAW CROSSING
FREE CONDO FEES FOR A YEAR
STARTING AT $308,000 | 3 bedroom townhomes | Starting from 1250 sq ft
CALL: 780-702-3124
NORTHWEST
KERNOHAN RAVINES STARTING AT $284,000 | 3 bedroom townhomes | Starting from 1314 sq ft
CALL: 780-702-8360
We have a partnership with the City of Edmonton that makes first time home ownership easier to achieve in Bearspaw Crossing and Kernohan Ravines!
LandmarkHomes.ca
FREE TELUS 15 FOR A YEAR
SOUTHEAST
FREE CONDO FEES FOR A YEAR
STARTING AT $298,000 | 2-3 bedroom townhomes | Starting from 1133 sq ft | Oversized double garages | Fully landscaped | Maintenace free
780-702-3120 | LaurelLanding.ca SOUTHEAST
FREE CONDO FEES FOR A YEAR
STARTING AT $274,000 | 2-3 bedroom townhomes | Starting from 1133 sq ft | Oversized double garages | Fully landscaped | Maintenace free
780-701-3078 | theVWL.ca
LandmarkHomes.ca
MES TOWNHO IN LOCATED R LARKSPU G IN D LAN
now selling
TOWNHOMES FROM THE $280,000’s
• Two unique home styles to choose from • Two and three bedroom homes available • Great for first time buyers • From the $280,000’s! Visit the showhome at 1762 Cunningham Way SW Call Lynn Le at 780.809.4515 for details Prices as of October 26, 2015 and are subject to change
Larkspur Landing is located at 2843 – 43 Avenue NW
RohitCommunities.com 40 YPNEXTHOME.CA
Sherwood Park 6
7ay sW de
dows Mea dale k r la C 3 . d Blvd rlton erwoo Cha Way Summ
4
Lakeland Dr.
ver Bar Rd. Clo
Pa lisa
Hwy. 16
Jim Commo nD r.
Baseline Rd.
Beauvista Dr.
14
Wye Rd.
Sherwood Park Fwy.
.
Wye Rd.
Range Rd. 232
MAP LISTINGS
Range Rd. 233
14
21 d Blv
TO EDMONTON
Brentwood Blvd.
ood Dr. Sherw
Grana d
a
14X
Sherwood Dr.
Broadmoor Blvd.
5
2 1
1 SUMMERWOOD DUPLEXES
5 CENTRE IN THE PARK
BY ROHIT COMMUNITIES
BY CHRISTENSON COMMUNITIES
100 Axbridge Gate
2021 Sherwood Dr.
2 ASPEN TRAILS
6 ASPEN TRAILS DUPLEXES
BY ABBEY LANE HOMES
BY ROHIT COMMUNITIES
Axbridge Gate off of Lakeland Dr.
100 Axbridge Gate
3 ETON PARK VILLAS
7 PRINCETON COURT
BY CHRISTENSON COMMUNITIES
BY GRANDE DESIGN HOMES
Emerald Hills Aspen Trail & Eton Blvd.
301 Palisades Way
4 LAKELAND RIDGE BY LANDMARK COMMUNITIES
219 Charlotte Way
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 41
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
Advice | CHBA ALBERTA
Edmonton an economic standout By Jim Rivait
EDMONTON CONTINUES TO BEAT ECONOMIC EXPECTATIONS, AND THAT’S POSITIVE NEWS for people looking to buy their first home or move up in the market. While most of Alberta’s cities are struggling because of lower oil prices, the economy in our capital is proving remarkably resilient. In the new-home sector, Lethbridge is the only other major city in Alberta to show an increase in home starts so far this year. Through the first three-quarters of 2015, Edmonton builders have started work on 13,500 single- and multifamily homes. That’s almost 3,500 homes over the total in 2014, a year when oil prices started above $100 U.S. a barrel. A surge in multi-family construction is responsible for the upswing, but demand for single-family homes remains solid – almost 4,500 basements were poured so far in 2015. A strong construction sector is one reason Edmonton is poised to avoid slipping into recession this year. Early this year, forecasters such as the Conference Board of Canada were certain our city’s economy would shrink in 2015. That’s not the view of the City of Edmonton’s chief economist. John Rose recently updated his calculations and decided the city’s economic output would edge up enough to avoid being classified as a recession. That’s an important vote of confidence at a time when a lot of national media coverage just assumes that doom and gloom have taken hold in all parts of the province. Rose pointed to a diversified local economy and the city’s large contingent of public sector workers as reasons Edmonton is still growing. Alberta’s new NDP government has given repeated assurances that it will not slash jobs to balance the budget.
“The economy in our capital is proving remarkably resilient.” Looking ahead, we can be confident that the jobs of thousands of civil servants, nurses, teachers and other public sector employees will be helping to keep the city’s economy churning along. Those strong economic fundamentals are reflected in
MORE ADVICE ONLINE ypnexthome.ca/news/advice
the creation of a total of 3,000 new jobs in the city during August despite layoffs in the energy sector. And while the unemployment rate has edged up to 5.9 per cent, it’s still significantly lower than the national rate of 7.1 per cent. The city’s strong economic fundamentals are winning recognition internationally. The annual Emerging Trends in Real Estate report by consulting firm PwC looks at all major U.S. and Canadian markets. The just-released 2015 edition remains positive about Edmonton’s prospects. “Robust growth in residential construction, retail sales and personal services sectors is expected to assume a more prominent role in Edmonton’s expansion of the next 12 to 24 months,” the report says. “These strong fundamental drivers will help insulate Edmonton’s economy from external shocks.” Buying a home is a big step, and a key factor in the decision will be the economic health of the community. The recent positive forecasts for Edmonton’s future are a great confidence booster.
The Canadian Home Builders’ Association - Alberta represents more than 1,500 business members, including new home builders, renovators, developers, trade and supply companies and professional services. Find a local builder at the CHBA Edmonton region website chbaedmonton.ca
Jim Rivait is chief executive officer of CHBA – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 43
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!
7 Min. to Edmonton
Beaumont 1
Coloniale Way
Rue Montalet
44 St.
50 St.
57 St.
55 Ave. 52 Ave.
50 Ave. 2
43 Ave.
60 St.
3
30 Ave. Hwy 625
MAP LISTINGS
1 COVENTRY HOMES 50 Ave. & 57 St.
(Nisku Rd.)
2 GOUDREAU HEIGHTS
3 MONTROSE ESTATES
BY CHRISTENSON COMMUNITIES
BY SABA HOMES
3311 – 67 Street
4900 - 62 St.
WELCOME TO BEAUMONT Come visit us and discover why “Life Is Better In Beaumont” POPULATION Approximately 8,361 LOCATED 2 miles South of Edmonton on 50 Street SCHOOLS 5 Schools from Kindergarten to Grade 12, French Immersion offered in all GROCERY Sobey’s & Extra Foods RECREATIONAL FACILITIES Beaumont Regional Activities Centre and numerous outdoor facilities
MEDICAL FACILITIES 10 minutes to Grey Nuns Hospital, seved by Edmonton Ambulance PARKS & PATHWAYS Approximately 170 acres of parkland and 6 kilometers of interconnected walkways
For more information call (780) 929-8782 or visit www.town.beaumont.ab.ca
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 45
Inspiration | HOME DECOR
NICE LEGS By Elisa Krovblit
When you’re looking to furnish your first home, don’t be shy – take a long look at those legs. It’s not just the colour, fabric and finish that make the style and the statement – the line created by the legs can be a show stopper. From the rolling and scrolling decorative feel of a Queen Anne and the architectural elegance of mid-century modern, to the curvy flair of a cabriole, you’ve got a lot to look at.
Cavett Chair in Twine $1,449 crateandbarrel.com Mid-century Dutch
Stick Around White/ Grey Arm Chair $599 cb2.com Queen Anne
Atelier - Urban Classic - Tempered Glass-top Console Table with Metal Legs $540 bouclair.com Cabriole
Baxter Sofa with Turned Black Wood Legs $3,595 jonathanadler.com Turned bun foot 46 YPNEXTHOME.CA
lvd .
Leduc
50 Ave.
48 St.
2
50 St.
Grant MacEwan Blvd.
High way 2
rt B Bridgepo
Telford Lake
3
Black Gold Dr. Black Gold Dr.
Dr. Park South
St. 50
1
Hig hw ay
Rollyview Rd. 2A
Dr. Southfork 4 5
Simpkins Wynd
MAP LISTINGS
1 WINDROSE
5 THE RUSHES OF SOUTHFORK
3 ROYAL WEST HOMES 81 Acacia Circle
BY LANDMARK COMMUNITIES
61 Windrose Drive
BY HUNTER RESIDENTIAL DEVELOPMENTS
4 SOUTHFORK
2 THE SPRINGS AT BRIDGEPORT
BY JAYMAN MODUS
401 Southfork Drive
319 Southfork Dr
BY CHRISTENSON COMMUNITIES
102 Bridgeport Crossing
WELCOME TO LEDUC The City of Leduc, a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion. A great place to call home! POPULATION 39,000 and growing “Small city” living within minutes of “Big city” amenities
SCHOOLS 7 Elementary, 2 Junior & 2 Senior High - Public, Private & Separate school systems
LOCATED 20 kilometers south of Edmonton on Hwy. 2
GROCERY Variety of shopping
RECREATIONAL FACILITIES Black Gold Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library
MEDICAL FACILITIES Full Service Community Hospital and Full Ambulance service PARKS & PATHWAYS 27 parks including Telford Lake, Fred John’s Park & Lions campground
For more information contact The City of Leduc (780) 980-7177
SEARCH ONLINE ypnexthome.ca
Affordability
THE
ADVANTAGE!
by HUNTER RESIDENTIAL DEVELOPMENTS
2 bedroom, 2.5 bathroom townhomes with attached garage from $264,900!
To book a viewing of the new show suites please contact Kit at 587-896-6107 EMAIL kit@rushesofsouthfork.ca WEB www.rushesofsouthfork.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 47
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
48 YPNEXTHOME.CA
North East Edmonton 8 1675Ave.
Rd .
137
Fo rt
132 Ave.
129 Ave.
120 Ave. 95 St.
118 Ave.
58 St.
122 Ave.
121 Ave.
. Ave d. 112 Blv a Ad
CAPILANO BRIDGE
MAP LISTINGS
1 TOPAZ
22 St.
2 Hooke Rd. Hermita g YEL e Rd. LOW HEA DT RAI L 38 St.
127 Ave.
20 St.
137 Ave.
34 St.
87 St.
144 Av e.
151 Ave.
. Ave 144 6 3 Ave.
Victoria Tr.
7
M Fo ANNIN GF rt WY. Rd . 34 St.
9 50 St.
66 St.
82 St.
97 St.
. 160 Ave . e v A 153
195 Ave.
4
91 St. 1
104 Ave. North Saskatchewan River
5 ELEMENTS AT MCCONACHIE
BY PARK HOMES
70-8318 180 Ave.
9 CY BECKER DUPLEXES BY ROHIT COMMUNITIES
118 Cy Becker Blvd.
BY CARLISLE GROUP
167 Ave. & 53 Street
2 ELEMENTS AT HERMITAGE
10 ALTIUS CY BECKER
6 CLAREVIEW VISTAS
BY CARRINGTON COMMUNITIES
BY LANDMARK COMMUNITIES
1196 Hyndman Road
3625 144 Ave NW
3 SAVIDA
BY STREETSIDE DEVELOPMENTS
165 Cy Becker Blvd.
7 CASSELMAN LANDING
BY LANDMARK COMMUNITIES
3650 - 139 Avenue NW 4 NORTHSHORE
BY CARRINGTON COMMUNITIES
6076 Schonsee Way NW
BY ROHIT COMMUNITIES
#1, 5203 - 149 Ave. 8 AIR HARBOUR/ALTITUDE BY ROYAL WEST HOMES
175 McConachie Dr.
SEARCH ONLINE ypnexthome.ca
NORTHEAST EDMONTON | Call Jamie 780.705.9035
elementsbycarrington.ca Please see our ad on the inside back cover
CONDOS FROM THE $160’S 142 EBBERS BLVD NW NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 49
NORTH EAST
SHOW HOMES NOW OPEN!
E HAS P T FIRS SOLD 70%
Own your Own Town Home for as Low as $1,250 per Month! It’s true. It’s possible to own a brand new home at Topaz with just 5% down and monthly payments as low as $1,250. Drop by and ask our sales manager to show you all of your options. Topaz continues the success of our award winning Signature Series of two and three bedroom townhomes: Elegant exteriors with charming window boxes; interiors designed for contemporary living; warm laminate flooring; gourmet kitchens with quartz countertops; elevated nine foot ceilings on the main floor – and every home has an attached double garage!
Prices start at $267,900 incl. GST Presentation Centre and show homes 79 - 903 Crystallina Nera Way Telephone: 780.472.7544 Mon to Thurs: 3 – 8pm Weekend & Holidays: Noon – 5pm 50 YPNEXTHOME.CA
topaz.parkhomes.ca follow us on
CRYSTALLINA NERA
and
Fort Saskatchewan ER AT S DW N RE IBBO G
ES UT ON IN ONT M 7 DM E TO
21 ay K hw PAR Hig OD N. O O 1 ERW NT SH MO TES TO & ED MINU 0 1
Hig hw ay
15
. 2 St
t. 82 S
Westpark Drive
e. ve. Av 95A A 94 We stp ark 84 St. Wo Blv od d. Clo sme se re
15
ve. 97 A
BR 17 K UD M ER TO HE IM
1
e. Av
St. 101
99
e. Av 99
ay hw Hig
rth No
1
er Riv an w e tch ska Sa
2
Wilshire Blvd.
MAP LISTINGS
1 ELEMENTS SENNA
2 CLIO
BY ROHIT COMMUNITIES
BY PARK HOMES
1 Santana Cres.
#94th St Southfort Drive
WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community. “Move in Next Door... Neighborly Fort Saskatchewan”.
POPULATION Over 14,700 LOCATED Adjacent to the northeast boundary of the provincial capital, the City of Edmonton & 30 km from downtown Edmonton SCHOOLS 6 Public Schools, 3 Separate Schools, 1 Christian School
GROCERY Sobey’s Station Square, Canada Safeway, Extra Foods, Garden Market IGA RECREATIONAL FACILITIES Dow Centennial Centre, Tennis courts, campground, golf courses, bowling lanes, baseball diamonds, indoor pool, outdoor ice rinks (2), curling rinking, indoor soccer, gymnasium, fitness centre
MEDICAL FACILITIES Hospital, local ambulance, 5 medical clinics PARKS & PATHWAYS 360 hectares of park/recreational/ natural land with 29 km of paved trails for walking, running, biking, rollerblading & cross-country skiing
For more information contact Tanya Stillborn (780) 992-6408 or visit our website at www.fortsask.ca or e-mail: tstillborn@fortsask.ca
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 51
FORT SASKATCHEWAN
ER UND CTION U STR N O C
Park Homes Award-Winning Style Comes to Fort Saskatchewan. Clio is a new generation of Park Homes award-winning Georgian style three bedroom town homes, featuring elegant exteriors with charming window boxes and interiors designed for contemporary living: • • • • •
Contemporary laminate flooring through open plan main floor Gourmet kitchens with five appliances; Elevated nine foot ceilings on the main floor – and every home has an Extra length two-car garage large enough for a full size truck and a second car! Located in the vibrant new community of Southpointe, close to the city centre
Pre-construction prices start at $289,900 incl. GST Pre-sale Centre open at 8530 94 St. Fort Saskatchewan Wednesday: 3 – 8pm Saturday: 12 – 5pm Or call for an appointment Tel: 780.809.8589 52 YPNEXTHOME.CA
clio.parkhomes.ca follow us on
and
St. Albert ros e Dr.
Keil lor Dr.
ud re au
e. Poirier Av
Rd .
Rd .
Dr. ins k t A
1 CITADEL VILLAGE
TO
tT r.
167 Ave.
ED
M
156 St.
St. Al be r
Boudreau Rd. Campbell Rd.
. ve lA l i h urc Ch
170 St. Gerva is
184 St.
Levasseur Rd.
MAP LISTINGS
Bo
Av e.
Ga te
n eo rg Stu
ton ins W Sir
er Riv
2 Sturg eon Rd .
ve. yA enn K c M
Kin gsw ood Blvd.
lle Be
Ro ad He be rt
. x Rd irou
ron Per
Lacombe Dr.
1 ert . St. Alb
G
Element Dr. Erin Rid ge Dr.
TO MORINVILLE
ON
TO N
2 BOTANICA
BY CHRISTENSON COMMUNITIES
BY BOUDREAU DEVELOPMENTS LTD.
St. Albert Trail & Ridge Drive
105 Bellerose Drive
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 53
Advice | MORTGAGE ADVICE
Interest rates likely to remain low for a while By Alyssa Richard
THE BANK OF CANADA (BoC) made its latest interest rate
announcement on Oct. 21, and the key interest rate – the overnight lending rate – will stay where it is for now. The BoC has been in the news in the last few weeks, reiterating its focus is on inflation, and until the inflation rate moves too far from the two-per-cent target, there’s little chance of an increase in interest rates. The overnight rate has been at 0.50 per cent since July. July was the second rate cut in 2015, and the results have led to worry that the low interest rate environment is hurting Canadians more than it’s helping. Specifically, house prices have run up in Vancouver and Toronto, and household debt is at an all-time high. BoC governor, Stephen Poloz hasn’t been afraid to give people his opinion on these matters. “It is not the role of monetary policy to protect individuals from making bad choices,” he said in a speech in Washington earlier in October. In other words, it’s the bank’s job to keep inflation to target, and if people use the low rate incentive to borrow money they shouldn’t, that’s not something that can be helped. If you’re one of the people who has borrowed money you shouldn’t have, you got another break with this latest rate announcement. The BoC rate is now locked at 0.50
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per cent until at least December, and the Bank suggests it could be staying there for a long time. “Global economic growth has been a little weaker than expected this year,” BoC says, but, “the Canadian economy can be expected to return to full capacity, and inflation sustainably to target, around mid-2017.” This means it’s business as usual if you have a variable rate mortgage. The number to keep an eye on in the coming months is fixed mortgage rates. The spread between fixed and variable rates has been closing recently, making fixed rates a more appealing choice. Currently, the premium for a five-year fixed mortgage over a five-year variable mortgage is only about a half a percentage point. If fixed rates continue their slide lower, and variable rates hold steady, we could get to a point where fixed rates become the better option – even though variable rates have been the less expensive choice throughout most of history. The next Bank of Canada rate announcement will be on Dec. 2.
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.
54 YPNEXTHOME.CA
North West Edmonton City Boundary 176 Ave. Castle Downs Rd.
2 167 Ave.
162 A ve
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8
1424Ave.
7 132 Ave.
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111 Ave.
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a whe 118 Ave.
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109 St.
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5 135 St.
A St.
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137 Ave.
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153 Ave. 6 14 1 10
121 St. 113A St.
150 Ave.
97 St.
127 St.
153 Ave.
148 Ave.
Campbell Rd.
3
Stony Plain Rd.
MAP LISTINGS
1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave.
6 VALOUR
2 ALBANY TRAILS
7 BELLWETHER PARK 132 Ave. & 132 St.
BY FOOTPRINT DEVELOPMENTS
138 St & 167 Ave. 3 AVIVA
11 STARLING DUPLEXES
BY CARRINGTON COMMUNITIES
BY ROHIT COMMUNITIES
508 Griesbach Parade NW
2407 Sparrow Crescent 12 LEGACY POINTE
8 CAERNARRON KEEP FIRST PLACE PROGRAM
BY CARRINGTON COMMUNITIES
BY LANDMARK COMMUNITIES
507 Albany Way
14621 - 121 St. NW
4 ALTIUS SKYVIEW
9 STARLING LANDING
BY STREETSIDE DEVELOPMENTS
12815 Cumberland Rd. 5 ALOFT SKYVIEW BY STREETSIDE DEVELOPMENTS
12804 - 140 Ave.
18230 - 104A Street 13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT
137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES
BY ROHIT COMMUNITIES
2405 Sparrow Common 10 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES
4450 McCrae Ave.
BY CONCEPT HOMES MASTER BUILDER
BY SLOKKER CANADA WEST
2570 Pegasus Blvd. 15 URBAN CENTURY BY FOURCHA GROUP
14705-125 Street
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NORTHWEST EDMONTON Call Dina 780.760.2002
STRONG \\ SOLID \\ SECURE \\ CARRINGTON.CA
Please see our ad between pages 18 and 19
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NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 55
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
Trending
We shoot, we score! New arenas boost real estate values By Wayne Karl | Photo credit: RogersPlace.com
GREAT NEWS, SPORTS FANS. The common belief that
new arenas and sports stadiums are slam-dunk wins for their billionaire owners and millionaire players, but big fat goose eggs for the local economy… Well, that could be dead wrong. A new report not only suggests the opposite, but says such projects actually boost surrounding real estate values. The one key proviso is that tax increases to help foot the bill can’t be part of the plan. The Impact of Stadium Construction on Real Estate Values, from the Real Estate Investment Network (REIN), explores the affects – positive and negative – new arenas, such as Rogers Place in the new Ice District in Edmonton, have on real estate values.
Highlights of the report include: • An arena’s positive impact on housing values can be felt most within a five-km radius and has the largest effect when appealing architecture, community plazas, park landscapes, retail, commercial and entertainment spaces, and the stadium’s construction itself are incorporated into its design. • A negative effect on property values is felt when the costs of a proposed stadium necessitates the increase of property taxes. • Homes in neighbourhoods close to new stadiums, on average, have premiums ranging between three and 15 per cent, depending on the different types of housing, parking options and the distance from the facility. • Housing values increase on average 1.75 per cent for each 10 per cent decrease in distance from a stadium, with the positive price increase being highest for homes closest to the stadiums and decreasing gradually outwards within the five-km radius. When a stadium is located outside the downtown core, and is not connected to any other economic development activities or urban redevelopment program, residential properties around the facility will still see a positive increase in value. However, this increase will not be as dramatic as those that are built in, or with nearby accessibility, to the Central Business District. While proximity to the stadium usually results in the largest price increases, the regular presence of fans may lead to a constant source of noise, incivilities, traffic …continued on page 68
58 YPNEXTHOME.CA
Downtown Edmonton 118 Ave. 112 Ave.
102 Ave.
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8
9 Jasper Ave. 100 Ave.
106 St.
Victoria Park Rd. Rive r Va lley Rd
3 97 Ave.
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82 St.
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104 Ave.
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100 St.
107 Ave.
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wa
101 St.
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109 St.
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142 St.
144 St.
12
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KINNARD RAVINE
t. 95 S
104 Ave.
Kin
. 97 St
124 St.
111 Ave.
105 St.
111 Ave.
LOW LEVEL BRIDGE JAMES McDONALD BRIDGE
DAWSON BRIDGE
Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE
MAP LISTINGS
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North Saskatchewan River
6 ENCORE
11 QUEST
BY WESTRICH PACIFIC
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BY REGENCY DEVELOPMENTS
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Corner of 104 Ave. & 105 St.
2 THE FOX
7 JASPER HOUSE
BY LANGHAM DEVELOPMENTS
BY LAMB DEVELOPMENT CORP
104 Street & 102 Avenue
Jasper Ave. & 106 Street
3 SYMPHONY BY ROCKWOOD PROPERTY MANAGEMENT
9704 - 106 St. 4 VIBE BY CARRINGTON COMMUNITIES
10604 116 Street 5 ICON BY LANGHAM DEVELOPMENTS
Jasper Ave., North of 104 St.
8 GROVENOR MANOR BY PELHAM MASTER BUILDER
10126 – 144 Street 9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS
111 St. & Jasper Ave.
12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS
10523 - 123 St. 13 INFINITI ON 105 BY MCLEOD PROJECT MARKETING
105 Street, west of 117 Ave. 14 THE LEGENDS BY WAM
10 PEARL BY REGENCY DEVELOPMENTS
104 Ave. & 102 St.
Jasper Avenue & 119 Street.
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$429,000 TO $2.5 MILLION ON 2 BED/ 2 BATH SUITES SALES CENTRE AT 10609 104 AVENUE MON-THURS 1-6:30PM ENCORETOWER.COM SAT/SUN 12-5PM 780.803.8777
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October
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ALL RISE FOR THE ENCORE
Features Include: • Forced air heating/cooling • All glass exterior • Floor to ceiling windows in every suite • Quartz countertops • Contemporary flat paneled cabinets with soft close feature • Stainless steel appliances • Sun deck and wading pool hen people say they’re going to take things • Exercise room to the next level, they don’t usually mean • EVERY SUITE A CORNER UNIT
40 stories of luxury in the Ice District
W
it literally. Westrich Pacific Corp., however, doesn’t mince words. When it says that its newest Prices ranging from project, Encore, will take things to the next level in $359,000 to $2.5 million downtown Edmonton, it literally means, the next level. on 2 bed/ 2 bath suites
Due to the high demand of its first downtown tower, Register at Ultima, Westrich decided to give the city an “Encore”. encoretower.com Located on 103 Street and 102 Avenue, Encore will be Edmonton’s tallest residential building. The 40-storey luxury glass tower, adjacent to the Ice District development, will set the standard for urban living in downtown Edmonton. The building’s footprint is in the shape of a cross, which means that thanks to the all-glass exterior, every unit is a corner unit. And with that sleek, all-glass, tripleglazed window-walled exterior comes 163 beautiful 62 YPNEXTHOME.CA
and bright homes with high ceilings and floor-to-ceiling windows. (You just know the views will be spectacular.) Inside, the building features two colour palettes (light and dark). Flooring will be high-grade laminate with porcelain tile in the bath and laundry rooms. The high-end kitchen will feature quartz countertops, softclose, flat-panel contemporary cabinets and a gourmet stainless steel appliance package. All homes will also have forced-air with air conditioning, too, so no matter the climate outside, inside will always feel perfect. There are 10 penthouses and sub-penthouses in the building with private rooftop terraces. Those top floor suites will be spacious — penthouses start at 1,295 sq. ft and go up to 2,689 sq. ft. All other Encore suites are two-bedroom, two-bathroom and up (there are no onebedroom units), and range from 759 sq. ft to 1,500 sq. ft. The luxury building will also include an interior and
DOWNTOWN
exterior amenities floor that will feature a threestorey lobby with concierge service, a sun deck with cabana, wading pool, exercise room and wet bar. The spectacular tower also happens to be in one of the most exciting, growing and happening areas of the city. Restaurants, gyms, shops, theatres, bars and of course the new arena are all within minutes of the tower, as are a supermarket, boutiques and the 104th Street Market. Encore is also the last site available in close proximity to the financial core. Encore will definitely cater to those looking to live a maintenance-free lifestyle, where everything is within walking distance. Young professionals and downsizers alike will find something in Encore that fits their needs and price point. (Suites will range from the high $300,000s to $2.5 million.) While Encore won’t be ready for occupancy for a few years, the project already has 1,500 followers. Presales are set to begin in early October, and Encore is poised to have the Edmonton condo market buzzing with excitement this fall. To register for more information — and to be kept up to date with the project — visit encoretower.com.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 63
Trending
New Edmonton LRT line rolls on despite problems By Gene Kosowan
AFTER A 17-MONTH DELAY AND A HOST OF PROBLEMS, Edmonton’s newest LRT line officially opened recently. And it doesn’t look like the issues surrounding the new Metro Line, which connects part of northwest Edmonton to downtown, will be resolved any time soon. The first week alone, the line was effected by overcrowding and a faulty coupling that connected two passenger rail cars. Traffic congested on at least one major artery that the line intersects, leaving vehicular traffic waiting several minutes for each train to cross at a sloth-like 25 km per hour — half the speed it was designed to travel. Part of the problem with the new Edmonton LRT line was in the planning process, especially with traffic congestion, when one station was moved before a traffic study could be conducted. A city audit released in August blamed poor communication between city council, administration and levels of planning, management and construction for the snafus in the $53-million project. Interestingly, within a week of the line’s opening, council fired its city manager.
MORE TRENDING ONLINE ypnexthome.ca/news
But the heart of the matter lies in the coordination of two different signal systems, says Graeme McElheran, the city’s communications manager for transportation services. The new Metro line uses a communication-based train control system, which pinpoints a train’s track position. The software works differently from the full-block system on the existing Capital line, which McElheran says works on the basis of a station being empty before another train can enter. The LRT debacle has been a major black eye for Mayor Don Iveson, who made expansion of public transportation a major plank in his platform when running for the city’s top job in 2013 – and part of his dream to convert Edmonton into a more sustainable city. It has also made realtor Wendi Freudenreich’s job a lot tougher. “I’ve had deals fall apart because of transit lines, as nobody likes to live by a transit zone because of the noise from construction that’s gone on for far too long,” she says. “As well, congestion of traffic will definitely play a role in where people choose to live, if it turns out that an inefficient LRT line crosses where they want to commute.” McElheran says the bugs are being worked out, which will eventually decrease station wait times and bring transit rail speed up to 50 km per hour. Long term plans include expanding the Metro Line through Blatchford Park (which when built, is touted to be one of the world’s largest sustainable neighbourhoods) and further north to the city of St. Albert.
Gene Kosowan is a freelance journalist based in Edmonton
64 YPNEXTHOME.CA
DOWNTOWN
SATURDAY NOVEMBER 21, 2015 LAMB DEVELOPMENT CORP.’S UPCOMING
SALES EVENT AT THE JASPER HOUSE SALES CENTRE INCLUDES
› TWO YEAR RENTAL GUARANTEE › PHENOMENAL UNIT PRICES › FREE ASSIGNMENT FOR MORE DETAILS ON THIS EVENT CONTACT
INFO@JASPERHOUSECONDOS.COM PLEASE NOTE: THE SALES OFFICE WILL BE CLOSED UNTIL SATURDAY NOVEMBER 21, 2015 FOR SALES EVENT.
WWW.JASPERHOUSECONDOS.COM
780.441.5588
Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 65
DOWNTOWN
66窶ズPNEXTHOME.CA
Summer 2017 Occupancy
Fox One now complete, construction progresses rapidly on Fox Two Architectural excellence These striking towers embody superior design and quality in every respect. From their expansive glass feature walls commanding spectacular views of the city and river valley, to the bold and colourful suite interiors that reflect today’s most popular trends — Fox Towers are modern architectural elegance personified.
Well-conceived stylish interiors Our dedicated team of designers were charged with creating the most efficient floor plans possible for every suite type. Every fixture, every fabric, every finish was selected The completed Fox One is 100% occupied, and construction is well underway on Fox Two. to reflect today’s most popular trends and ensure timeless quality, beauty and longevity. Edmonton’s best downtown location The completed Fox One and soon to be complete Fox From architectural nuances like quartz kitchen countertops Two occupy the centre of Edmonton’s most sought-after paired with sleek and colourful high-gloss kitchen cabinets, to downtown neighbourhood — the 104 Street Promenade. creature comforts like three high-speed elevators and heated Situated on the corner of 102 Avenue and 104 Street, Fox parking stalls (at least 1 per unit included in selling price), Fox Two is the last major tower to be built on this popular street, Towers are a testament to comfortable highrise living. and is the final and taller phase of Langham Developments’ Fox One is completely occupied, but there are still select Fox Towers project. 2- and 3-bedroom units available in Fox Two. Edmonton’s 104 Street Promenade was one of 4 finalists on the 2013 list of Great Streets in Canada, and is home The latest project from Langham Developments to eclectic shops, restaurants and a summertime streetSince 2001, Langham has been creating exceptional wide farmers’ market. Boasting a walk score of 98, and a developments — each imbued with the same unwavering transit score of 86/100*, residents also enjoy unparalleled mandate: to deliver strong unrivaled architecture, walkable and LRT access to the best of Edmonton, uncompromised in quality. 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.
Langham is among Edmonton’s most experienced and reputable high rise builders, having completed three outstanding downtown towers to date: Icon One, Icon *www.walkscore.com Two and Omega.
Visit our Sales Centre on-site at the northwest corner of 102 Ave. and 104 St.
www.foxtowers.ca | 780.425.0369 NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 67
…continued from page 58
congestion and a scarcity of parking. These are all factors with the potential to create a price depreciating effect. The conclusions are somewhat surprising, given previous perceptions that such projects yield little real economic boost, and that a city’s health depends mostly on its economic fundamentals and infrastructure. “The presence and subsequent impact on the value of infrastructure is quite unrelated to the economic fundamentals, which reign as having the most impact on real estate values in the short, medium and long term,” said Melanie Reuter, REIN’s director of research. The findings regarding arenas can be likened to the impact of transportation improvements such as LRT stations, she adds. “Think of the infrastructure findings (transportation and arenas) as a micro effect, compared to broader and deeper fundamentals. So, once you choose a place to invest based on strong fundamentals, give yourself an additional lift by investing around an arena or an LRT station.” In Canada, while hockey may be the number one sport, a project’s positive impact on real estate values is unrelated to the type of sport – or even whether a team is a winner. “Surprisingly, type of sport and whether a team is winning or losing has little impact on the results,” Reuter says. More important factors are proximity to downtown (positive), ample parking (poorly planned or non-existent parking can have a negative impact on values) and integration with the surrounding community. Incorporating mixed and constant uses – think bars, offices, shops, outdoor spaces – was also key, as was access to good transit. “Equally important is nearness to the arena,” says Reuter. “Properties within walking distance (one kilometre) saw the biggest price jumps, and the impact diminished the farther out one went, until there was no impact past four kilometres.” Edmonton’s Rogers Place, future home of the NHL’s Oilers currently under construction and scheduled to open for the 201617 season, is a good example of a pro-sports facility with spinoff benefits to the local economy. It is being constructed in the heart of downtown Edmonton, has well laid-out urban design plans, and excellent links to public transportation, REIN says. By creating an entertainment district around the arena, hundreds of local amenities will be available for neighbouring residents. 68 YPNEXTHOME.CA
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The list of planned projects for the Ice District is “staggering,” REIN says, with $2.5 billion in downtown development directly connected to Rogers Place. Projects, all opening in 2016, include: • The NHL arena, with a capacity of 18,641 for hockey and 20,734 for concerts • A community arena, home to the MacEwan University hockey teams, practice facility for the Oilers and junior Oil Kings, and available for community rental • Edmonton Civic Tower – 27-storey tower that will house more than 65 per cent of the City of Edmonton’s downtown employees • Grand Villa Edmonton Casino – 60,000 sq. ft. of world-class gaming, dining and live entertainment • New headquarters for the Oilers Entertainment Group • MacEwan LRT Station, one of three LRT stations within a five-minute walk of the district Other components are slated to open from 2017 to 2020, including more than 1,000 residential units, some of which will be premium condos located atop a four-star hotel.
“Edmonton appears to have nailed it on all fronts.”—Reuter
South Central Edmonton North Saskatchewan River
Whyte - 82 Ave.8 76 Ave.
6 1 3
84 St.
Co nn or s 2 Rd.
7
75 St.
85 St.
9
90 Ave. 83 St.
103 St.
104 St.
. n Dr ewa atch k s a S
95 Ave. 92 St.
105 ST BRIDGE
5
101 Ave. 98 Ave.
Scona Rd.
Sas kat che wa nD r. 87 Ave.
FOOT BRIDGE
JAMES McDONALD BRIDGE
99 St.
109 ST BRIDGE
114 St.
Groat Rd .
GROAT BRIDGE
79 St.
106 Ave.
DAWSON BRIDGE LOW LEVEL BRIDGE
CAPILANO BRIDGE
4 51 Ave.
MAP LISTINGS
1 THE ARBOR AT AVENUE 83 10002-83 Avenue 2 Le Quartier Condos BY INFINITI DEVELOPMENTS
8627-91 St 3 PELI AT SCONA BY PELI GROUP OF COMPANIES
8028 101 Street
4 THE UNIVERSITY BROWNSTONES BY TESSCO
108 St. & 71 Ave. 5 LUMIERE BY INFINITI DEVELOPMENTS
10836-85 Ave. 6 THE ADDISON BY PK DEVELOPMENTS
7 CASCADE CONDOS BY PK DEVELOPMENTS
9008 85 Avenue 8 STUDIO OFF WHYTE BY I4 PROPERTY GROUP
104th St & 81st Ave 9 STUDIO ON THE HILL BY I4 PROPERTY GROUP
9859 – 90th Ave
10024-83 Ave.
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NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 69
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Buyers’ Resources | MORTGAGE RATES
Compare mortgage rates for your best deal Financial Institution
variable
6 months
1 year
2 years
3 years
4 years
5 years
ATB Financial
2.450
4.000
2.940
2.640
2.590
2.690
2.790
Alterna Bank
2.550
4.000
2.850
2.850
2.590
2.940
2.680
Alterna Savings
2.550
4.000
2.850
2.850
2.590
2.940
2.680
Bank of Montreal
2.700
4.000
2.890
2.840
3.390
3.890
4.740
Bank of Nova Scotia
2.700
4.550
3.290
3.090
3.390
3.890
4.490
CIBC Mortgages
2.700
4.450
2.840
2.790
3.400
4.090
4.790
Caisses Desjardins
2.700
4.400
2.890
2.990
3.390
3.890
4.740
Canadian Western Bank
2.900
4.000
3.140
3.040
3.650
4.200
4.740
Canadian Western Trust
2.900
4.000
3.140
3.040
3.650
4.200
4.740
Comtech Credit Union
-
6.200
2.790
2.890
2.950
2.990
2.690
DUCA Financial Services
2.500
-
3.090
3.000
2.990
3.090
2.790
Effort Trust
-
4.450
3.350
3.500
3.700
4.300
4.350
Equitable Bank
-
-
3.140
3.040
3.650
4.390
4.640
First Calgary Financial
-
4.000
2.890
2.890
2.490
3.090
2.650
First National Financial
2.200
3.100
2.290
2.190
2.340
2.540
2.640
FirstOntario Credit Un.
2.700
4.240
2.690
2.350
2.390
2.540
2.540
HSBC Bank Canada
2.700
4.450
3.140
3.140
3.540
4.240
4.740
Home Trust Company
2.500
3.950
2.690
2.350
2.390
2.590
2.640
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.690
Investors Group Trust
2.700
4.200
3.140
3.090
3.390
3.890
4.740
Laurentian Bank Canada
2.700
4.400
2.890
2.840
3.390
3.890
4.740
League Svgs & Mortgage
-
4.000
2.990
2.690
2.890
2.890
2.990 2.890
Libro Credit Union
-
3.750
2.850
2.850
2.890
2.890
London Life
2.700
4.200
3.140
3.090
3.390
3.890
4.740
Manulife Bank
2.400
4.450
3.000
2.940
2.840
2.790
2.690
Manulife Trust
-
4.450
3.000
2.940
2.840
2.790
2.690
Meridian Credit Union
2.650
4.000
3.090
3.090
3.550
2.490
2.540
National Bank
2.700
4.400
2.890
2.840
3.390
3.890
4.740
PACE Savings & Credit Un
-
5.000
2.890
2.850
3.390
3.890
4.640
Parama Credit Union
2.650
-
2.800
2.850
2.950
3.050
3.150
Peace Hills Trust
-
4.500
3.150
3.500
3.750
3.850
3.950
President's Choice Fin'l
2.700
6.190
3.140
2.790
3.340
3.990
4.440
Rapport Credit Union
2.850
6.000
3.090
3.040
3.500
3.040
2.990
Royal Bank of Canada
2.700
3.140
3.140
3.040
3.650
4.390
4.640
Servus Credit Union
-
4.000
2.890
2.840
3.390
3.890
4.640
Steinbach Credit Union
-
-
2.450
2.550
2.550
2.650
2.650
T-D Mortgage
2.700
3.140
2.890
2.840
3.390
3.890
4.640
Tangerine
2.700
-
3.190
3.240
3.490
3.690
3.790
Windsor Family C.U.
-
4.450
3.000
3.000
3.050
3.050
3.100
Your Neighbourhood C.U.
-
-
2.990
3.000
3.190
3.300
3.390
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator Notes: **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. Prepared by CANNEX on October 29, 2015 at 00:33:06 ET. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved.
NOV 6 - DEC 4, 2015 | NEW CONDO GUIDE 73
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It’s not rocket science, but we can’t promise some chemistry won’t be involved!
Affordability never looked this good! • Four-piece appliance package included • Stylish laminate cabinet tops and contemporary cabinets in designer colours • Laminate flooring throughout suite entry, kitchen, living and dining areas • Space-saving, stacking washer and dryer included with in-suite laundry and storage area
Condos from the
$150’s
at one of our locations below
WITH 3 CITYWIDE LOCATIONS, ELEMENTS BY CARRINGTON HAS SOMETHING FOR EVERYONE! ELEMENTS AT willowhaven FROM THE $170’s 5521 7 Ave SW 587.521.1444
ELEMENTS AT MANNING NE
FROM THE $150’s 340 Windermere Road 780.469.6976
SE
SW
ELEMENTS AT windermere
FROM THE $160’s 142 Ebbers Blvd NW 780.705.9035
sales hours Mon to Thurs 3PM -8PM Sat, Sun, holidays 12PM - 5PM Closed on Fridays
elementsbycarrington.ca
E ITITE SSUUPEPNEN OOWOWWWOO SHSH NNO
IMMEDIATE POSSESSIONS AND UP TO $10,000 OFF!
9’ ceilings on all floors
•
Located in Rosenthal, Jade offers convenient access to both the Anthony Henday and Whitemud Drive
• •
Laminate floors and overheight cabinets Full-height ceramic subway-style backsplash
CONDOS FROM $199,400
SOUTHEAST Call Trent at 780.426.1686 1004 Rosenthal Blvd SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
WEBBER GREENS DR ROSENTHAL BLVD WHITEMUD DR
CALLINGWOOD RD
170 ST
•
ANTHONY HENDAY DR
Immediate occupancies
WINTERBURN RD
•
N ON TIOTI UC CAY Y TRREURW WA NS TND ER CONSU UND CO
SELECT YOUR OWN FINISHES AND UP TO $10,000 OFF!
•
2 bedroom, and 2 bedroom including den suites
•
Secure, heated underground parking with storage
•
Two-storey lobby and 9’ ceilings on fourth floor
•
Full-height backsplash, laminate floors, and six appliances included
CONDOS FROM $241,900
SOUTHEAST Call Amanda at 780.761.3144 Savaryn Drive SW and 25th Ave SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
ELLERSLIE RD RECREATIONAL BEACH LAKE CLUB 88 ST
Construction underway!
91 ST
•
SAVARYN DR SW 25 AVE
22 AVE
EE IITT SUPEPNEN OO W OW OW SH NN O
2 GG INLLLLINING ILDW SSEE BBUNNOOW
IMMEDIATE POSSESSIONS
UP TO $15,000 OFF!
Full-height ceramic subway-style backsplash
•
Secure, heated underground parking with storage
CONDOS FROM $213,900
NORTHWEST Call Dina at 780.760.2002 504 Griesbach Parade NW SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
KAPYONG AVE NW
FREZENBERG AVE NW
137 AVENUE
97 STREET
•
PARA DE NW
Laminate floors and overheight cabinets
GRIESBACH
30 AVE SW
•
NW
CONDOS FROM $193,900
ELLERSLIE RD
9’ ceilings on all floors
D BLV
Full-height backsplash, laminate floors and six appliances included
SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
ANTHONY HENDAY DRIVE
•
ULT
•
Walking distance to a vibrant new town centre, future LRT station and recreational complex
SOUTHWEST Call Craig at 587.520.6775 1144 Adamson Drive
Showsuite NOW OPEN!
GA
•
Two-storey lobby and 9’ ceilings on all floors
•
PEGASUS BLVD
•
MO WA TT RAI ALLARD LINK SW L
Beautiful ravine views and easy access to QE II airport and shopping
ES
•
127 ST SW
Building 2 NOW SELLING!
JAM
•
111 ST SW
AND UP TO $10,000 OFF!
N 2NG 2 TNIONDGI TCIOILUDIL URCU BRUB STRT OFRO NNS AAYYF COO WW
ERR DD NN UU
EE IITT SUPPENEN OO OWOWW SH NNO
LAST CHANCE TO CHOOSE YOUR OWN FINISHES
QUICK POSSESSIONS •
Immediate occupancies!
•
1 bedroom, 2 bedroom and 2 bedroom + den suites
•
1 bedroom, 2 bedroom and 2 bedroom + den suites available
•
Full-height backsplash, laminate floors, and six appliances
•
Full-height backsplash, laminate floors and six appliances included
CONDOS FROM $194,900
WA Y
167 AVE
66 ST
186 A AVE
•
Two-storey lobby and 9’ ceilings on all floors
•
Secure, heated underground parking with storage
76 ST
SEE ON SCH
Walking distance to a pond, walking trails and a future park
79 ST
•
SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
CONDOS FROM $199,900
NORTHWEST Call Eva at 587.520.3372 507 Albany Way SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
Y DR NDA E H ONY ANTH ALBANY WAY
167 AVE NW
W ST N
Heated underground parking with storage
NORTHSHORE SCH ONS E E D R.
127
•
NORTHEAST Call Mick at 780.476.1137 5510 Schonsee Drive
142 ST NW
Immediate occupancies!
82 ST
•
VENESS RD
AND UP TO $10,000 OFF!
AND UP TO $10,000 OFF!
PRESENTATION CENTRE
NOW OPEN!
Building dreams come true for over 40 years! WITH LOCATIONS THROUGHOUT EDMONTON – CARRINGTON HAS SOMETHING FOR EVERYONE
R
northshore
DR
NE
FROM $194,900 6076 Schonsee Way 780.476.1137
Y DR NDA
WI TER WINDERMERE BLVD
DR GAR ILLE
ELLERSLIE RD WINDERMERE BLVD JAMES MOWAT TRAIL 30 AVE SW 25 AVE
Y HE HON
AR
G LLE
ANT
SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
FROM $213,900 508 Griesbach Parade NW 780.760.2002
*SEE OUR AD ON INSIDE BACK COVER
WEST Call Mark at 780.705.2511 SE Corner of 170th Street and Windermere Blvd
TERW
SW SE CEN NW NW
valour
CONDOS FROM $194,900
170 ST
AC included
23 AVE
91 ST
•
Full-height ceramic subway-style backsplash
Easy access to the Anthony Henday and shopping at Currents of Windermere
RABBIT HILL RD
111 ST
•
•
FROM $199,900 507 Albany Way 587.520.3372
WHITEMUD DR
RAB
D
LL R
HI BIT
DR
Contemporary wood cabinets
Personalize your space with a complimentary interior design consultation
ARGYLL RD
HENDAY
•
•
ANTHONY
Laminate flooring
SHERWOOD PK FWY
75 ST
•
WHYTE AVE
WHITEMUD DR
ROSENTHAL BLVD
aviva
75 ST
FROM $165,900 10604 - 116 St NW 780.705.1350
T TR LBER
vibe
ST A
ara FROM $241,900 4008 Savaryn Drive SW 780.761.3144 *
142 ST
FROM $664,986 4042 MacTaggart Dr NW 780.756.2230
ANTHONY HENDAY DR
allure
YELLOWHEAD TR WINTERBURN RD
SW
Élan FROM $193,900 1144 Adamson Dr SW 587.520.6775
IA T
W SW
97 ST
e’scapes
66 ST
FROM $246,900 11080 Ellerslie Road 780.756.2230
167 AVE 82 ST
FROM $194,900 SE Corner of 170th St and Windermere Blvd 780.705.2511
Mon–Thurs 3pm–8pm Sat, Sun, holidays 12pm–5pm Closed on Fridays
ALBANY WAY
CHROME
sales hours
TOR
*
FROM $199,400 1004 Rosenthal Blvd 780.426.1686
VIC
W
jade
BUILDING 2 NOW SELLING! Fall is in the air FALL PROMOS INSIDE!*
• Spacious, open-concept floorplans and luxurious finishes • Engineered hardwood floors, stainless steel appliances and overheight ceilings • Personalize your space with a complimentary interior design consultation • Convenient location close to shopping, dining and entertainment with quick access to the international airport and Nisku industrial park
CONDOS FROM $246,900
ELLERSLIE RD
* For complete promotion details please contact a sales associate or visit our sales centre. Terms and conditions apply. Some suites may be excluded. Promotion may end without notice. Cannot be combined with any other offer. E & OE.
CALGARY TR
111 ST
RUGBY PARK
DR
GATEWAY BLVD
ANTHONY HENDAY
SOUTHWEST Call Kathy at 780.756.2230 11080 Ellerslie Road SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays
Buying your first home is a big decision, but it’s also an exciting, once-in-a-lifetime moment. Crafting award-winning homes in Edmonton for over 10 years and known for our thoughtful design and great locations, you’ll find a home to suite your lifestyle. Our townhomes feature: • Up to 1609 sq. ft. of living space • Private attached garages • Private low maintenance yards • Available walk out and pond view lots • And are pet friendly Visit our 8 show homes in 4 communities today! Starting from the mid Quick possessions available.
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