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Edmonton New Condo Guide - Dec 4, 2015

Page 1

DEC 4, 2015 - JAN 1, 2016 VOLUME 23, ISSUE 13, FREE

EDMONTON EDITION

Fox One now complete Fox Two under construction Occupancy summer 2017

At 33 storeys, Fox Two is the taller of the two towers, and is situated at the corner of 102 Avenue and the 104 Street Promenade — downtown Edmonton’s best location. See our ad inside for full details or visit

WWW.FOXTOWERS.CA

INSIDE THIS ISSUE

EDMONTON MARKET WEATHERS THE STORM

NEIGHBOURHOOD PROFILE ON SUMMERSIDE

2016 HOUSING MARKET OUTLOOK


s a ir stm

on s en t s ri

Ch

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with

IT’S BEGINNING TO LOOK A LOT LIKE CHRISTMAS

River’s Edge Villas

in our three exquisite showhomes in River’s Edge and one in Lacombe Park. Visit one today and witness the luxury of a Christenson home for yourself.

Villas at Lacombe Park

Also, when you purchase a home in any of our communities by January 15, 2016 you’ll receive your choice of either up to $20,000 in upgrades* or a first class trip to 1 of 3 destinations. Jingle all the way, whatever you do. That’s our gift to you! Merry Christmas from Christenson! Showhome Hours: Monday to Thursday 1-6 pm Saturday and Sunday 1-5pm *Does not apply to Southwoods Village or Village at Westmount.

3090 Cameron Heights Way, Edmonton Phone (Sales): 780-554-8342 36, 88 Lacombe Drive, St. Albert Phone (Sales): 780-903-2465 Eton Park and Reflections 5001 Eton Blvd, Sherwood Park Phone (Sales): 780- 410-0004 Southwoods Village 9472 – 65 Avenue, Edmonton Phone (Sales): 780-975-2509 Village at Westmount Westmount Shopping Centre, next to Smitty’s, Edmonton Phone (Sales): 780-452-2030

More Time • More Choice • More Freedom


ETON PARK ESTATES

REFLECTIONS

Located in the urban village of Emerald Hills, Sherwood Park 780.410.0004 • Granite counter-tops, stainless steel appliances, air conditioning, 9’ ceilings • Underground parking, extra stalls available

Located in Centre in the Park, Sherwood Park 780.410.0004 • Granite counter-tops, stainless steel appliances, air conditioning, 9’ ceilings • Underground parking

SOUTHWOODS VILLAGE

VILLAGE AT WESTMOUNT

Luxury Retirement Living Hazeldean, Edmonton 780.975.2509 • In-suite laundry, air conditioning, family party room • 2 Bdrm coach homes available

Luxury Retirement Living, Edmonton 780.452.2030 • Steel & concrete construction, in-suite laundry, full kitchens, air conditioning • 1 Bdrm and 2 Bdrm suites available

ED CK DE THE S LL HA

ED CK DE THE S LL HA

VILLAS AT LACOMBE PARK

RIVERS EDGE VILLAS

Beautifully appointed adult bungalows, St. Albert 780.903.2465 • Finished basements, 6 appliances, hardwood and ceramic floors • Spacious floorplans, GST included

Adult bungalows located in Cameron Heights, Edmonton 780.554.8342 • Finished basements, 6 appliances, hardwood and ceramic floors • Spacious floorplans, GST included

CDLhomes.com


SU NE W SN N IT U E O O W S PG W 窶ヲ A R SH N VA A D O O ILA E D V M B EL O L LI RE E N G !!! !

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 • 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 $250s

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


thequaycondos.ca

Luxury Views. Luxury Suites. Luxury Lifestyle.

Condos from $220s. Granite Counters Throughout Stainless Steel Kitchen Appliances Porcelain Tile Floors In Kitchen, Bathrooms, Laundry & Foyer Laminate Floors In Living Room, Dining Room & Bedrooms In-Floor Heating With Temperature Control Heated Underground Parking With Car Wash Bay

EXTERIOR FRAMING WELL UNDERWAY ONLY TWO 1-BEDS LEFT FACING THE POND! Southwest Edmonton

He nd ay

Rabbit Hill Rd

An th on y

h r ut ga Sowille r Te

Te rw ille ga rD r

23 Ave

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

587.524.0259 Note: There are 2 Rabbit Hill Rd & South Terwillegar intersections. The Quay is located at the north intersection.

N 7021 South Terwillegar Drive

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

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

AbbeyLaneHomes

@AbbeyLaneHomes1

info@abbeylanehomes.com


SAVE $20,000 THIS MONTH Construction Pricing Event

PPrre e--CC oonns sttrru uccti tioon n PPr riiccin ingg! !

Contact us: us: 780.701.7296 780.701.7296 Contact

pivot@averton.ca pivot@averton.ca

NNoow wU Unnd deer r CCo onns sttrru uccti tioon n!!

Contact us: us: 780.638.0176 780.638.0176 Contact

starling@averton.ca starling@averton.ca

MO UUnnd M OVVE deer E IINr CCoon N T nsst THHI trruu ISS S ccttio SPPR ionn RIIN NG G!!


NORTH EAST

f r e s h .v i v

i d .l i f e s t y

le

condos starting from

$156,900 JUST OPENED 3 NEW SHOW SUITES 780-701-3093 | LIVEatSAVIDA.ca

STONEHAVEN SOUTHEAST

condos starting from

$180,000s Open concept suites range from 735 to 1022 sq ft.

780-701-3086 | theVWL.ca

SOUTHEAST

condos starting from

$170,000s Open concept suites range from 698 to 1095 sq ft.

780-701-3085 | AspenMeadows.ca PROUDLY BUILT BY

ASK US ABOUT OUR DOWN PAYMENT SAVINGS PROGRAM LandmarkHomes.ca

it’s what’s inside


Swanky ns Kitche in’ and B k a h S r o Made f

akin’

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. Kitchens that are smart and functional, stunning and stylish. The last 6 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


Merry Christmas from all of us at Park Homes! parkhomes.ca follow us on

and

Only 5 Award Winning Town Homes Left at Close-Out Pricing! • Attached two-car garages • Gourmet kitchens with quartz countertops • 2015 Canadian Home Builders ‘Award of Excellence in Housing’

TE EDIA N M IM SIO SES S O P

• Nine foot ceilings on the main floor

Prices starting from the $290’s incl. GST

Telephone: 780.809.8580 atria.parkhomes.ca UN BE VA ATA LU BLE E

Craftsman Inspired Town Homes in Thriving South Edmonton

H WIT S E HOM VIEWS E LAK

• Open plan main floors with 9’ ceilings and high-quality kitchens • Attached two-car garages • Your own Lounge & Fitness Centre

• Choice of three designer selected colour schemes

Prices start at $268,900 incl. GST

Looking for a condo? We have 3 left at close-out pricing!

50 St

66 St

ANTHONY HENDAY

N

WATT

ELLERSLIE RD

Telephone: 780.701.5616 southernsprings.parkhomes.ca Presentation Centres and Show Homes open: Mon to Thurs: 3 – 8pm / Weekends: Noon – 5pm Closed during the holiday season from 8pm on Wed, Dec 23rd. We re-open Sat, Jan 3rd.


Merry Christmas from all of us at Park Homes! parkhomes.ca follow us on

and

Own your Own Home for as Low as $1,250 per Month! • Attached two-car garages • Gourmet kitchens with quartz countertops • Warm laminate flooring

• Nine foot ceilings on the main floor • Award winning design – show homes open October

ES HOM W N SHO OPE W O N

Prices start at $267,900 incl. GST

CRYSTALLINA NERA

Telephone: 780.472.7544 topaz.parkhomes.ca

ER UND CTION U STR CON

Park Homes Award Winning Style Comes to Fort Saskatchewan • Extra length two-car garage • Gourmet kitchens with five appliances • Contemporary laminate flooring

• Nine foot ceilings on the main floor

Pre-construction prices start at $289,900 incl. GST

Telephone: 780.809.8589 clio.parkhomes.ca Presentation Centres and Show Homes open: Mon to Thurs: 3 – 8pm / Weekends: Noon – 5pm Clio Presentation Centre Open: Wed: 3 – 8pm Closed during the holiday season from 8pm on Wed, Dec 23rd. We re-open Sat, Jan 3rd.


contents 26 DEC 4, 2015 - JAN 1, 2016 | VOLUME 23 ISSUE 13

46

42 buyers’ resources

district maps

16

Web Directory

019 Edmonton Region

57

Mortgage Rates

021 Downtown

in every issue

027 South Central

17

029 West

Editors’ Note

42 Neighbourhood Profile

035 Spruce Grove

58 What’s Online

037 South West

advice

26 CHBA Alberta

Edmonton weathering the storm by Jim Rivait

trending

46 Housing Market Outlook

Economy and housing market to improve next year

48 Homebuying

6 financial homebuying tips by Wayne Karl

14 YPNEXTHOME.CA

041 South East 043 Sherwood Park 047 Beaumont 049 Leduc 051 North East 053 Fort Saskatchewan 054 St. Albert 055 North West


PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES

Moe Lalani SALES MANAGER, ALBERTA

DEC 4, 2015 - JAN 1, 2016 VOLUME 23, ISSUE 13, FREE

Shelley Balla ART DIRECTOR

Victoria Cigan

ON THE COVER

22

EDMONTON EDITION

Fox One now complete Fox Two under construction Occupancy summer 2017

At 33 storeys, Fox Two is the taller of the two towers, and is situated at the corner of 102 Avenue and the 104 Street Promenade — downtown Edmonton’s best location. See our ad inside for full details or visit

WWW.FOXTOWERS.CA

Fox Towers

Fox One now complete, Two under construction

EDITOR

Wayne Karl Lydia McNutt (on leave) CONTRIBUTING EDITORS

Wayne Karl, Sara Duck (on leave) Elisa Krovblit DESIGN EDITOR

Yanic Simard

SALES REPRESENTATIVES

Shelley Balla 587.784.4044 Nancy Chemait 780.619.3241 Natalie Houghton 587.226.1313

NATIONAL CIRCULATION MANAGER

John Jenkins INSIDE THIS ISSUE

EDMONTON MARKET WEATHERS THE STORM

NEIGHBOURHOOD PROFILE ON SUMMERSIDE

2016 HOUSING MARKET OUTLOOK

PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Hannah Yarkony

48

GRAPHIC DESIGNERS

Viosa Barileva Miguel Cea Mike Terentiev

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

ADVERTISING Call 587.784.4044 for advertising

rates and information. CIRCULATION Free distribution in select high-

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

58

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.

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.

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  15


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

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

Carrington Communities

www.carrington.ca

Cascade Luxury Condos

www.cascadecondos.ca

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

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

Secord Corners Solara at Skyview Stafford Greens Symphony Tower Tessco Incorporated

The Rushes of Southfork

www.foxtowers.ca

The Signature

www.rohitcommunities.com www.secordchalet.com www.secordcorners.ca www.solaraliving.ca www.staffordgreens.com www.symphonytower.ca www.edmontoncondo.com www.brass3.com www.rushesofsouthfork.ca www.signatureambleside.com www.ultimatower.ca

Ultima

www.grovenormanor.com

Homes by Avi

www.homesbyavi.com

Park Homes

Secord Chalet

www.encoretower.com www.footprintdevelopments.ca

www.parkwoodmasterbuilder.com

Rohit Communities

The Leger

www.grandedesign.ca

Lang Built Homes

Parkwood Master Builder

www.daytonahomes.ca

Grande Design Homes

Landmark Group

Find your next condo online, it’s easy!

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

RELATED BUSINESS Canadian Home Builders’ Association – Alberta

www.chbaalberta.ca

Canadian Home Builders’ Association – Edmonton

www.chbaedmonton.ca

Dangie K-9 Service Inc. Your Condominium Security Specialists

››

www.dangiek9services.com

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

16 YPNEXTHOME.CA


Editors' Notes

EXPLORE SUMMERSIDE

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

TAKE A TOUR ONLINE ypnexthome.ca/summerside-neighbourhood

Seamless experience, either way We hope you’re enjoying the new look and feel of New Condo Guide. As we updated YPNextHome.ca and launched the YPNextHome app, we also wanted to make sure our magazines fit with the experience. Whether you’re searching in print or online, the experience is the same. Take us on the go with you and enjoy the magazine, but when you’ve got the opportunity, follow the links to YPNextHome.ca. We’re sure you’ll be impressed with the additional resources, such as video, more pictures and other articles of interest.

We want the experience to be seamless and enjoyable. We’ve focused on bringing you the best information, the most interesting content and the valuable news so that you can make an informed decision about your next rental. Don’t miss our featured neighbourhoods – that’s a mustread for anyone unfamiliar with a community. Get some insight – the good, the bad, the amenities, the vibe – and let us help you size up a neighbourhood before you commit. We hope this helps on your search!

Alberta proves its resilience

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

+ get social

For all the challenges the Alberta economy is facing in the wake of the oil slump, real estate markets in Edmonton and Calgary are outshining their prairie neighbours Regina and Saskatchewan. According to the latest Royal LePage House Price Survey, home prices in Canada showed moderate to strong year-over-year increases in most markets in the third quarter.

The Edmonton housing market continued to weather the energy downturn, showing healthy yearover-year price increases across all housing types surveyed. During the third quarter of 2015, the median price for a two-storey home increased 5.6 per cent year-over-year to $465,247, condominiums increased 4.1 per cent to $244,534, and bungalows 1.9 per cent to $370,989.

Interact with us on social media: ypnexthome

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  17


COMING SOON TO GLENORA

SIGN UP FOR EXCLUSIVE UPDATES AT WESTBLOCKGLENORA.COM 18窶ズPNEXTHOME.CA


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

&DOPDU

SEARCH ONLINE ypnexthome.ca

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  19


HAPPY

holidays!

The end of a year brings reflection on the past, and the arrival of a new year brings dreams and opportunities. We thank you, our readers, for your continued support as we strive to bring you the best that the industry has to offer. We thank you, our advertising customers, for your patronage and continued loyalty to the magazine.

BEST WISHES IN YOUR HOME HUNT! FROM ALL OF US HERE AT

20窶ズPNEXTHOME.CA


Downtown Edmonton 118 Ave. 112 Ave.

102 Ave.

10

8

9 Jasper Ave. 100 Ave.

106 St.

Victoria Park Rd. Rive r Va lley Rd

3 97 Ave.

.

82 St.

d lan

w Ro

.

Rd

St.

11 14 2 1 6 5 7

92

104 Ave.

yA ve .

100 St.

107 Ave.

4

wa

101 St.

116 St.

13

109 St.

127 St.

142 St.

144 St.

12

gs

KINNARD RAVINE

t. 95 S

104 Ave.

Kin

. 97 St

124 St.

111 Ave.

105 St.

111 Ave.

LOW LEVEL BRIDGE JAMES McDONALD BRIDGE

DAWSON BRIDGE

Bellamy Hill HIGH LEVEL BRIDGE 105 ST BRIDGE

MAP LISTINGS

1 THE ULTIMA

North Saskatchewan River

6 ENCORE

11 QUEST

BY WESTRICH PACIFIC

BY WESTRICH PACIFIC

BY REGENCY DEVELOPMENTS

10244 - 103rd Street

103 St. & 102 Ave.

Corner of 104 Ave. & 105 St.

2 THE FOX

7 JASPER HOUSE

BY LANGHAM DEVELOPMENTS

BY LAMB DEVELOPMENT CORP

104 Street & 102 Avenue

Jasper Ave. & 106 Street

3 SYMPHONY BY ROCKWOOD PROPERTY MANAGEMENT

9704 - 106 St. 4 VIBE BY CARRINGTON COMMUNITIES

10604 116 Street 5 ICON BY LANGHAM DEVELOPMENTS

Jasper Ave., North of 104 St.

8 GROVENOR MANOR BY PELHAM MASTER BUILDER

10126 – 144 Street 9 MERIDIAN PLAZA BY CANCALI DEVELOPMENTS

111 St. & Jasper Ave.

12 HIGHSTREET DISTRICT PROPERTIES BY REGENCY DEVELOPMENTS

10523 - 123 St. 13 INFINITI ON 105 BY MCLEOD PROJECT MARKETING

105 Street, west of 117 Ave. 14 THE LEGENDS BY WAM

10 PEARL BY REGENCY DEVELOPMENTS

104 Ave. & 102 St.

Jasper Avenue & 119 Street.

SEARCH ONLINE ypnexthome.ca

DOWNTOWN EDMONTON Call Riley 780.705.1350

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

CONDOS FROM $165,900 Please see our ad between pages 18 and 19

10604 – 116 Street NW

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  21


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 DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  23


t s a g F left!

n nits sells. i l l Se u ays ly 9lity alw n O ua Q

luxury

G ROVENOR M A N O R Cut From A DiFFerent Cloth

C hristmas Sale: $5000.00 in builder's credits! As unique as the historic community it resides in, Grovenor Manor has been designed by one of Edmonton’s top Architects to provide you the ultimate combination of comfort, quality of living, privacy and style. • Spacious 1 & 2 bedroom suites

• Minutes from downtown

• 9 foot ceilings with sprinklers,

• Granite countertops

including on the balconies

• 8 stainless steel appliance

package • Secured underground parking & convenient visitor parking

• A/C with heatpumps & individual

water meters

• Traveler’s Home Warranty • BUILT GREEN Silver Certified ®

construction

Highest quality in home building!

24 YPNEXTHOME.CA

CURRENTLY FRAMING! 2016 Possession

65 % SOLD

Visit Our Sales Centre for full details 10126 -144 Street Monday -Thursday 3-7 pm Closed Fridays Sat., Sun, & most holidays 12-5 pm Please call ahead on holidays!

To book an appointment call:

780.982.2109

www.grovenormanor.com


DOWNTOWN

The Upside of Down Real Estate Markets

“You can’t know where you are going until you know where

repeats itself because of the market’s ability to control

you have been,” is an old proverb often muttered after

new housing construction, which in turn is dictated by the

bad days and roared after good. But while it is common

direction of market prices.

to think that good times will never end, or bad days will never go away, neither situation has ever been the case.

In any case, the best time to purchase is when declines in prices are followed by sustained gains. This last occurred

At Intelligence House, we recognized this as it relates to

between 2009 and 2010 and is likely occurring right now,

Alberta’s real estate market and those times when it is

providing CMHC’s outlook for price growth in 2016 and

poised and bound to change. For us, change represents

2017 are correct.

opportunity. For instance, you may be familiar with another proverb suggesting to “buy low and sell high.” It is

Intelligence House believes this is true, as CMHC’s

a tempting proposition.

outlooks were based on recent and sustained reductions in new construction and a shared opinion that 2016 will

For the average Albertan homeowner, who typically owns

be shaped by greater levels of population, employment

a property a minimum of 5 years, it is difficult to find a

and income growth; all of which will be aided by an outlook

recent time where their investment would have produced

for higher annual energy prices.

a loss. However, provincial prices have contracted in 2015, which might be causing today’s purchasers to

With all of the above considered, this model shows, as

wonder, “is it a good time to buy?” We believe the answer to

theory suggests, that right now is not only a good time

this question is yes. However, we are more than happy to

to buy, but likely the best time in our current cycle. Visit

offer this answer today given Alberta’s current position in

intelligencehouse.ca to read our full extended article.

the “real estate cycle” – illustrated in the included graphic. BOOM MARKET

If you’re unfamiliar with this notion, the real estate cycle

BOOM MARKET

Extensive Construction

identifies when a market is poised for high or low price growth. Essentially, the path to high price pressure (right side of U-curve) is formed by periods of low market

Over Building Saturated Market

Active Construction

supply relative to demand, which stimulates construction. Conversely, the most recent period of contraction (left side of U-curve) is identified by moments of high supply relative to demand, which reduces construction. This cycle

Downward Price Growth Pressure

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.

BUY

Rising Property Values

Recession

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

FOLLOW US ON

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  25


Advice | CHBA ALBERTA

Edmonton weathering THE STORM By Jim Rivait WINTER HAS RETURNED to Edmonton, and just as each and every snowflake we’ll see in the next few months is unique, no two housing markets are identical. That’s sometimes hard to see when a blizzard of housing market news lumps together a lot of individual cities into a “national” market that seems to involve only Toronto and Vancouver. Even when the media focuses on covering Alberta housing news, it often starts and stops with Calgary. So, here is what’s happening in Edmonton, in case you’re considering a home purchase or just trying to understand our unique local market. On the construction side, we have the stats for the first 10 months of 2015. Edmonton started the year with a lot of momentum behind the multi-family sector and that has pushed housing starts way up – almost 30 per cent – to more than 14,600 homes. Construction of single-family homes has slipped about 11 per cent this year. To put that in context, it’s important to realize that last year saw the most single-family homes built since 2007. So we’re down a little when compared to a very strong year. So far this year, builders in metro Edmonton started work on more than 5,000 homes. Even in October, almost 18 months after oil prices started to fall, foundations were poured for more than 500 new homes. Canada Mortgage and Housing Corp. now forecasts we’ll finish the year with about 5,900 new single-family homes – almost exactly the same number as 2013 when the Alberta economy was roaring along in high gear. Next year, CMHC expects the number of single-family homes built will slip five per cent to 5,600 – a drop of just 300 homes from 2015 totals. When Canada’s national housing agency looks ahead to 2017, it expects the totals to edge up to almost the same level as this year. To sum all this up: 2014 was an unusually busy year for single-family home construction, and now we’re back to more typical levels. Plus, our economy is getting a very positive jolt this from a near-record year in construction of multi-family homes. For Alberta, the numbers are also less dramatic than you might think – down seven per cent through October.

MORE ADVICE ONLINE ypnexthome.ca/news/advice

Todd Hirsch, chief economist for ATB Financial, explained in a recent commentary why new home construction has not dropped sharply along with oil prices. “The fact that housing starts have pulled back only moderately this year reflects the fact that the market was in a healthy balance before oil prices started to drop,” Hirsch said. “Prior to previous recessions – such as 2008 and 2009 – home builders had put far too many new homes onto the market. When the downturn hit, there was a surplus of unsold homes on the market, so construction pulled back more severely.” Stability in the housing market may not make for many attention-grabbing headlines, but it should reassure homeowners and buyers about the resilience of Edmonton’s strong – and unique – economy. The Canadian Home Builders’ Association - Alberta represents more than 1,500 business members, including new home builders, renovators, developers, trade and supply companies and professional services. Find a local builder at the CHBA Edmonton region website chbaedmonton.ca

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

26 YPNEXTHOME.CA


South Central Edmonton North Saskatchewan River

Whyte - 82 Ave.8 76 Ave.

6 1 3

84 St.

Co nn or s 2 Rd.

7

75 St.

85 St.

9

90 Ave. 83 St.

103 St.

104 St.

. n Dr ewa atch k s a S

95 Ave. 92 St.

105 ST BRIDGE

5

101 Ave. 98 Ave.

Scona Rd.

Sas kat che wa nD r. 87 Ave.

FOOT BRIDGE

JAMES McDONALD BRIDGE

99 St.

109 ST BRIDGE

114 St.

Groat Rd .

GROAT BRIDGE

79 St.

106 Ave.

DAWSON BRIDGE LOW LEVEL BRIDGE

CAPILANO BRIDGE

4 51 Ave.

MAP LISTINGS

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

8627-91 St 3 PELI AT SCONA BY PELI GROUP OF COMPANIES

8028 101 Street

4 THE UNIVERSITY BROWNSTONES BY TESSCO

108 St. & 71 Ave. 5 LUMIERE BY INFINITI DEVELOPMENTS

10836-85 Ave. 6 THE ADDISON BY PK DEVELOPMENTS

7 CASCADE CONDOS BY PK DEVELOPMENTS

9008 85 Avenue 8 STUDIO OFF WHYTE BY I4 PROPERTY GROUP

104th St & 81st Ave 9 STUDIO ON THE HILL BY I4 PROPERTY GROUP

9859 – 90th Ave

10024-83 Ave.

SEARCH ONLINE ypnexthome.ca

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  27


SOUTH CENTRAL

PHASE II 85% SOLD OUT! 7 PREMIUM SUITES REMAIN 2 BED - 2 BATHS STARTING AT $314,900 15K UPGRADE PACKAGE INCLUDED FOR FREE

IMMEDIATE POSSESSIONS

CONSTRUCTION IS NOW COMPLETE

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28 YPNEXTHOME.CA

SHOW SUITE: 10811 72 AVENUE THURSDAY 4-6:30PM OR BY APPOINTMENT ANYTIME


231 St.

West Edmonton Yellowhead Trail

WHITEMUD FWY.

199 St.

6

124 St.

QUESNELL BRIDGE

Callingwood Rd.

35 Ave

North Saskatchewan River

11 12

1 THE CALIFORNIAN PARKLAND BY ABBEY LANE HOMES

2035 Grantham Court 2 GROVENOR MANOR BY PELHAM MASTER BUILDER

10126 – 144 Street 3 SECORD CORNERS BY FOOTPRINT DEVELOPMENTS

9535 - 217 Street 4 STAFFORD GREENS BY STAFFORD GREENS LTD

62 Ave & Getty Gate

GROAT BRIDGE

142 St.

163 St.

149 St.

156 St.

178 St.

170 St.

7

87 Ave.

69 Ave.

4

MAP LISTINGS

9 2

159 St.

8 1

175 St.

Rosenthal Blvd.

102 Ave.

Stony Plain Rd. 100 Ave. 95 Ave.

182 St.

ANTHONY HENDAY

3

Stony Plain Rd.

107 Ave.

a en d. Bu ta R Vis

Winterburn Road (215 St.)

Secord 13 Blvd.

5 10

Ma yfie ld

Rd .

111 Ave.

5 JADE

9

BY CARRINGTON COMMUNITIES

1004 Rosenthal Blvd 6 GLASTONBURY MEWS & ESTATES 1589 Glastonbury Blvd 7 THE VANIER BY QUALICO LIVING

GLENORA SKYLINE 10220 - 140 Street

10 RENEW IN ROSENTHAL BY DAYTONA

1 &2 8209-217 Street NW 11 THE PARC AT EDGEMONT 35 Ave & Edworthy Way 12 HAVEN TOWNHOMES

9820 165 Street

BY BROOKFIELD RESIDENTIAL

8 VIP AT CALIFORNIAN PARKLAND

7385 Edgemont Way 13 SECORD CHALET

BY ABBEY LANE HOMES

2035 Granthan Court

BY HOPEWELL

#5, 320 Secord Blvd

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WEST EDMONTON

Call Trent 780.426.1686

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

CONDOS FROM $252,900 Please see our ad between pages 18 and 19

1004 ROSENTHAL BLVD

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  29


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 32 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.


S T E NS I R

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P

OF

P

A

GRO

IES

ON

CH

WEST

COM

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. DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  33


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

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DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  35


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

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DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  37


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-

38 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

ay rW

ge

Le

23 Ave

• Only 60 Suites • Choose from 2 Bedroom or 2 Bedroom + Den • Large suites ranging in size from 1255 to 1550 sq ft

PROMOTIONS: BRASS3.COM

Leger Gate

ge

l Rd

it Hil

Le

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

780.918.0678 /

OFFICE

780.439.7000


LUXURY AT PRICES YOU CAN AFFORD

1025 SF I CITYSCAPE I CORNER UNITS 2 BEDROOMS 2 BATHROOMS 2 UNDERGROUND HEATED TITLED PARKING STALLS

$216,000

- $235,000 PLUS GST

(DEPENDING ON LOCATION)

$10,000 IN UPGRADES INCLUDED POSSESSIONS AvAILAbLE NOw OR IN 30, 60 OR 90 DAYS!! CORNER UNITS NATURAL LIGHT - FILLED LIVING SPACES

LIVING 11' 10" X 13' 9"

SPACIOUS BALCONY

BEDROOM 10' 5" X 10' 3"

BALCONY

MODERN OPEN CONCEPT LIVING SPACE LINEN

BREAKFAST NOOK TILE FLOORS

NOOK

HARDWOOD CABINET DOORS GRANITE KITCHEN COUNTER TOP

SPACIOUS SECOND BATH WITH GRANITE COUNTER TOP

BATH

D KITCHEN

STAINLESS STEEL APPLIANCES OVER-THE RANGE MICROWAVE

IN-SUITE STORAGE DINING 10' 9" X 13' 6"

F

STORAGE

W/D

LARGE MASTER BEDROOM BEDROOM 11' 0" X 11' 2"

WALK-IN CLOSET

ENTRY

ENSUITE MASTER BATH WITH GRANITE COUNTER TOP

DEN 7' 1" X 7' 10"

WIC ENSUITE

1025 SF OF LUXURY LIVING SPACE

DESIGNER TILE ENTRY

LARGE DEN

TWO UNDERGROUND HEATED PARKING STALLS

CITY SCAPE 1025 s.f.

NOw SELLING IN 13 LOCATIONS ACROSS ALbERTA

EdMONtON & aREa Erin Ridge Gate - st. albert Vita Estates - Nw Edmonton #201 - 3804 macleod trail SE , calgary, alberta T2G 2R2 Mactaggart info@ckarch.ca Ridge Gate - Nw Edmonton fax: (403) 287-9962 bus: (403) 287-9960 aurora Greens - sw Edmonton creekwood landing I & II - sw Edmonton heritage Valley station I & II - sw Edmonton calGaRY & aREa albert Park station - downtown calgary creekside Village - airdrie Emerald sky - Nw calgary legacy Gate - sE calgary stonecreek landing - cochrane

FOR MORE INFORMatION aNd shOwsuItE lOcatIONs VIsIt:

carlislegroup.ca NORth shOw suItE:

780.977.0616 23/09/2013 3:44:53 PM

sOuth shOw suItE:

780.438.6693


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

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  41


Neighbourhood Profile

Summerside

Fast facts

Laid back life on the lake

$118,291

Average household income

Family structure

By Amy Hancock

FAMILIES

COUPLES

SINGLES

60%

29%

11%

Own vs. rent

90% OWNERS

10%

TAKE A VIDEO TOUR ONLINE ypnexthome.ca/summerside-neighbourhood

RENTERS Most common home type

SUMMERSIDE IS a new neighbourhood at Ellerslie Road between 66th street and Parsons Road, notable for the 28-ft.-deep, 32-acre Summerside Lake, designed for swimming, fishing and nonmotorized boating that is exclusive to members of the Summerside Residence Association. Lifestyle Residents enjoy the laid back feeling of life on the lake. Paddle boat, kayak and canoe rentals are available, should you feel like getting out of your lounge chair. Kids will enjoy the lakeside playground, sandy beach and surrounding lawns. In the winter, the lake is converted to a skating rink and winter programming is offered by the residents association. Vibe Rows of cottage-like homes line up behind green boulevards. The wide sidewalks are busy with young parents pushing baby strollers and tikes learning to ride without training wheels, likely on their way to Lake

Summerside for a day of fun at the beach. A to-do list of errands is easily tackled with commercial services close by. Meet the neighbours Summerside is a family neighbourhood. Although there are young professionals, empty nesters and seniors residing here, it is obvious young parents have chosen this safe and friendly neighbourhood to raise their children. In the area The cost of rent seems to vary depending on the unit’s distance from the beach. Rent is not necessarily cheap, but reasonable. Many of the restaurants, cafes and retailers in Summerside are franchises. The price of services, a meal or a pint of beer will be the same here as it is anywhere else. Planes, trains & automobiles The development of Summerside began before Edmonton experienced its massive economic boom and

SINGLE-DETACHED Education levels

41% UNIVERSITY

36% HIGH SCHOOL

SOURCE: ENVIRONICS

some residents got in early. Bus routes come through Summerside and nearby neighbourhoods are easily accessible, but Summerside is largely a car-dependent neighbourhood. Access to major freeways makes getting around the rest of the city easy enough, but expect a longer commute to downtown or anywhere north of the river.

Real estate Although the newer homes are still priced comparably to nearby neighbourhoods, starter homes are no longer as affordable as they used to be. First-time homebuyers are renting out suites in their homes and this benefits the renters market.

Amy is a freelance writer and communications professional. Her insights and extensive familiarity with Edmonton make her a great guide for getting to know local communities.

42 YPNEXTHOME.CA

23% COLLEGE


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

DEC 4, 2015 - JAN 1, 2016  |  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!


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Trending

Alberta and Edmonton economies and housing markets to improve next year AFTER A CHALLENGING 2015, the Alberta and Edmonton

economies – and housing markets – can look forward to better times next year and 2017. “Lower oil prices have had an impact on Alberta’s economy this year affecting capital investment, energy exports and consumer spending, and in turn, the province’s housing starts,” says Lai Sing Louie, CMHC’s regional economist for the Prairie and Territories region. “New construction declined by about 20 per cent in 2015. However, oil prices are forecasted to rise next year and in 2017 as US crude oil production declines. This will help Alberta’s economy return to growth in 2016 and 2017.”

46 YPNEXTHOME.CA

In Edmonton, strength in the multi-family sector will push total housing starts to 16,400 units in 2015. However, this strength will dissipate in the closing months of 2015 and throughout 2016 as slower economic growth and reduced net migration lead to softer housing demand. “Multi-family starts began 2015 at a record setting pace, supported by a tight rental market and relatively low inventory on the ownership market,” says Christina Butchart, CMHC’s principal market analyst for Edmonton. “Weaker economic conditions and a well-supplied resale home market will continue to weigh down the new single-detached housing market in Edmonton in 2015 and 2016, but we should begin to see some modest growth in 2017.” “In Calgary, the impact of lower oil prices on the labour market has weakened employment growth and has also slowed migration, and increased uncertainty among prospective homebuyers,” says Richard Cho, principal market analyst for Calgary. “Total housing starts in 2016 are forecast to decline an additional 16 per cent from 2015, but increase slightly in 2017,” says Cho.


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

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  47


Trending

6 financial homebuying tips By Wayne Karl

PLANNING TO BUY A HOME and not sure where to begin?

Maybe it’s your first home, or it’s been a while and you’re ready to move up to a larger property. Here are six homebuying tips to help you prepare.

1.

GET WITH THE PROGRAMS There are various government programs available to help you buy a home. Home Buyers’ Plan (HBP): The HBP allows first-time buyers to withdraw up to $25,000 from their RRSP to put toward a down payment on a home. You have up to 15 years to repay the funds. Prime Minister Justin Trudeau has promised to modernize the program to allow Canadians to dip into their RRSPs to buy a home more than once, including when impacted by life changes such as job relocation, death of a spouse or marital breakdown. First-Time Home Buyers’ Tax Credit (HBTC): Eligible first-time buyers can apply for the FTHB to help offset the costs associated with purchasing a home, such as legal fees, disbursements and land transfer taxes. The credit can provide up to $750 in federal tax relief. More information on these programs is available at cra.gc.ca

48 YPNEXTHOME.CA

2.

SAVE YOUR A-- OFF First-time buyers require a minimum five per cent of the purchase price as a down payment. Using the 2014 figure for the average house price in Canada, $451,000, that would amount to $22,500. To put down 20 per cent and thus avoid high-ratio mortgage insurance, you’d have to save $90,200. Ouch. Oh, it gets better – er, worse. In Toronto, 20 per cent of the average price would be $130,000; in Vancouver, $181,000.


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

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  49


MORE TRENDING NEWS ONLINE ypnexthome.ca/news

3.

PLEAD WITH THE BANK OF MOM AND DAD If your parents are baby boomers who have had the good fortune of building equity over the years as they paid down their mortgage while the value of their property multiplied, well… they may be in a position to help. And more buyers are hitting up the bank of mom and dad. In the last two years, 28 per cent of first-time buyers called on the bank of mom and dad to help finance their purchase; from 2010 to 2014, only 17 per cent did.

4.

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

50 YPNEXTHOME.CA

5.

BEFRIEND A BROKER OR BANKER Like many things in life, it’s all about relationships. And whether you use broker or a banker to secure a mortgage, you’ll likely come to value the relationship. In the same CMHC survey, consumer loyalty strengthened the longer people stayed with their lender. But since we’re talking about money, people are willing to switch lenders to get a better rate and save – a fact which is much more prevalent for bankers than brokers. And because brokers are able to offer products from multiple lenders, as opposed to bankers which offer only the products of their own institution, the market share held by brokers is growing notably, particularly among repeat buyers.

6.

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


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 DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  51


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

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1

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99

e. Av 99

ay hw Hig

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1

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2

Wilshire Blvd.

MAP LISTINGS

1 ELEMENTS SENNA

2 CLIO

BY ROHIT COMMUNITIES

BY PARK HOMES

1 Santana Cres.

#94th St Southfort Drive

WELCOME TO FORT SASKATCHEWAN A quiet, friendly, family oriented community. “Move in Next Door... Neighborly Fort Saskatchewan”.

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

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

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

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

SEARCH ONLINE ypnexthome.ca

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  53


St. Albert

54窶ズPNEXTHOME.CA

ros e Dr.

Keil lor Dr.

e. Poirier Av

Rd .

TO

tT r.

167 Ave.

ED

M

156 St.

St. Al be r

Boudreau Rd. Campbell Rd.

Dr. ins k t A Rd .

1 CITADEL VILLAGE

ON

TO N

2 BOTANICA

BY CHRISTENSON COMMUNITIES

BY BOUDREAU DEVELOPMENTS LTD.

St. Albert Trail & Ridge Drive

105 Bellerose Drive

SEARCH ONLINE ypnexthome.ca

ud re au

. ve lA l i h urc Ch

170 St. Gerva is

184 St.

Levasseur Rd.

MAP LISTINGS

Bo

Av e.

Ga te

n eo rg Stu

ton ins W Sir

er Riv

2 Sturg eon Rd .

ve. yA enn K c M

Kin gsw ood Blvd.

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Element Dr. Erin Rid ge Dr.

TO MORINVILLE


North West Edmonton City Boundary 176 Ave. Castle Downs Rd.

2 167 Ave.

162 A ve

.

8

1424Ave.

7 132 Ave.

An th

on y

l rai rt T

127 Ave.

ail d Tr

gsw

124 St.

142 St.

149 St.

. Rd eld

Kin

ay

s . es ve nc A Pri beth a Eliz

Ave .

yfi

111 Ave.

Ma

178 St.

184 St.

170 St.

199 St. 215 St.

156 St.

a whe 118 Ave.

o Yell

109 St.

lbe

He

15

5 135 St.

A St.

Dr

137 Ave.

nd ay

11 9

153 Ave. 6 14 1 10

121 St. 113A St.

150 Ave.

97 St.

127 St.

153 Ave.

148 Ave.

Campbell Rd.

3

Stony Plain Rd.

MAP LISTINGS

1 COVENTRY HOMES Castle Downs Rd. & McCrae Ave.

6 VALOUR

2 ALBANY TRAILS

7 BELLWETHER PARK 132 Ave. & 132 St.

BY FOOTPRINT DEVELOPMENTS

138 St & 167 Ave. 3 AVIVA

11 STARLING DUPLEXES

BY CARRINGTON COMMUNITIES

BY ROHIT COMMUNITIES

508 Griesbach Parade NW

2407 Sparrow Crescent 12 LEGACY POINTE

8 CAERNARRON KEEP FIRST PLACE PROGRAM

BY CARRINGTON COMMUNITIES

BY LANDMARK COMMUNITIES

507 Albany Way

14621 - 121 St. NW

4 ALTIUS SKYVIEW

9 STARLING LANDING

BY STREETSIDE DEVELOPMENTS

12815 Cumberland Rd. 5 ALOFT SKYVIEW BY STREETSIDE DEVELOPMENTS

12804 - 140 Ave.

18230 - 104A Street 13 STARLING AT BIG LAKE BY ROHIT LAND DEVELOPMENT

137 Ave & Ray Gibbons Dr. 14 JUNO TOWNHOMES

BY ROHIT COMMUNITIES

2405 Sparrow Common 10 MCCRAE ESTATES BY CHRISTENSON COMMUNITIES

4450 McCrae Ave.

BY CONCEPT HOMES MASTER BUILDER

BY SLOKKER CANADA WEST

2570 Pegasus Blvd. 15 URBAN CENTURY BY FOURCHA GROUP

14705-125 Street

SEARCH ONLINE ypnexthome.ca

NORTHWEST EDMONTON Call Dina 780.760.2002

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

Please see our ad between pages 18 and 19

CONDOS FROM $221,900 508 Griesbach Parade NW

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  55


NORTH WEST

56窶ズPNEXTHOME.CA


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

2.640

2.740

2.940

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

3.140

2.840

2.790

3.390

4.090

4.790

Caisses Desjardins

2.700

4.400

3.140

3.240

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

3.390

3.090

2.840

First National Financial

2.350

3.100

2.290

2.240

2.440

2.640

2.790

FirstOntario Credit Un.

2.700

4.240

2.690

2.350

2.390

2.540

2.670

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

2.240

2.390

2.590

2.690

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

2.790

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

2.500

4.000

3.090

3.090

3.550

2.490

2.540

National Bank

2.700

4.400

3.140

3.040

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 November 24, 2015 at 00:14:05 ET. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved.

DEC 4, 2015 - JAN 1, 2016  |  NEW CONDO GUIDE  57


What’s online

Trending now The latest real estate news from across Canada

’Tis the season to give back On top of helping people find their next home, we want to make life better for Canadians. Visit ypnexthome.ca/giveback by Dec. 12, 2015 to vote on which charity will receive a $1,000 donation.

2016 housing market outlook from CMHC VIDEO & STORY ONLINE ypnexthome.ca/2016-outlook

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Explosive Offer at

Manning & Windermere

Manning   

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ELEMENTS AT willowhaven FROM THE $170’s 5521 7 Ave SW 587.521.1444

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

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BUILDING 2 NOW SELLING! • 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

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RUGBY PARK

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SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays

ANTHONY HENDAY

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SOUTHWEST Call Kathy at 780.756.2230 11080 Ellerslie Road


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Y HON

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Building Buildingdreams dreamscome come cometrue true truefor for for over over 40 40 years! years! years!

2

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FROM FROM $252,900 $252,900 1004 1004 Rosenthal Rosenthal Blvd Blvd Blvd 780.426.1686 780.426.1686

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

SW

** * FROM FROM $194,900 $194,900 SE Corner SE Corner of 170th 170th of 170th St St St andand Windermere Windermere Blvd Blvd Blvd 780.705.2511 780.705.2511

SW

TERW TERWILL ILLEEGAR GAR DR DR

SW

SW SW

SW SE

SE

CEN

CEN NW

NW NW

NW

WINDERMERE WINDERMERE WINDERMEREBLVD BLVD BLVD JAMES JAMES JAMESMOWAT MOWAT MOWATTRAIL TRAIL TRAIL

NE

NE

30 30 AVE AVE30 SW SWAVE SW

*SEE*SEE OUROUR AD AD ON ON INSIDE INSIDE INSIDE BACK BACK BACK COVER COVER COVER

111 ST SW

111 ST SW

JAM127 ST SW ES M JAM OWA T ES MO TRAIL ALLARD LINK SW WA TT RAI ALLARD LINK SW L

127 ST SW

SALES SALES SALES HOURS HOURS HOURS pm – – 88pm pm – 8pm Mon Mon to Mon to Thurs: Thurs: to Thurs: 33pm 3pm Sat, Sat,Sun Sun Sat,&& Sun Holidays: Holidays: & Holidays: 12 12pm pm12 –– pm 55pm pm – 5pm Closed Closed Closed on on Fridays Fridays on Fridays

ELLERSLIE ELLERSLIE ELLERSLIERD RD

30 3030AVE AVE AVESW SW SW 25 25AVE AVE

DR DR

ANTHONY ANTHONY HENDAY HENDAYHENDAY DRIVE DRIVE SOUTHWEST SOUTHWEST SOUTHWEST ANTHONY Call Call Craig Craig Call Craig at at 587.520.6775 587.520.6775 at 587.520.6775 ELLERSLIE ELLERSLIE ELLERSLIE RD RD 1144 11441144 Adamson Adamson Adamson Drive DriveDrive

FROM FROM $189,900 $189,900 6076 6076 Schonsee Schonsee Way Way Way 780.476.1137 780.476.1137

HENDAY HENDAY

• • Two-storey Two-storey • Two-storey lobby lobbylobby and andover-height over-height and over-height ceilings ceilings ceilings on onall allon floors floors all floors

ANTHONY ANTHONY

northshore northshore

23 23 23AVE AVE

75 75 ST ST

RABBIT RABBIT RABBITHILL HILL HILLRD RD RD

91 ST ST 91

FROM FROM $221,900 $221,900 508508 Griesbach Griesbach Parade Parade Parade NW NWNW 780.760.2002 780.760.2002

WHITEMUD WHITEMUD WHITEMUDDR DR DR

111 ST ST 111

• • Beautiful Beautiful • Beautiful ravine ravine ravine views viewsviews and andeasy easy and easy access access access totoQE QEto IIIIQE airport airport II airport and andshopping shopping and shopping

CONDOS CONDOS CONDOS FROM FROM FROM $237,900 $237,900 $237,900

FROM FROM $199,900 $199,900 507507 Albany Albany WayWay 587.520.3372 587.520.3372

SHERWOOD SHERWOOD SHERWOODPK PK PK FWY FWY FWY

ARGYLL ARGYLL ARGYLLRD RD RD

valour valour

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• • Full-height Full-height • Full-height backsplash, backsplash, backsplash, laminate laminate laminate floors floorsfloors and andsix six and appliances appliances six appliances included included included

WHYTE WHYTE WHYTEAVE AVE

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ROSENTHAL ROSENTHAL ROSENTHALBLVD BLVD BLVD

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IMMEDIATE IMMEDIATE IMMEDIATE POSSESSIONS POSSESSIONS POSSESSIONS

• • Walking Walking • Walking distance distance distance to toaavibrant vibrant to a vibrant new new new town towncentre, town centre, centre, future futurefuture LRT LRTstation LRT station station and and and recreational recreational recreational complex complex complex

FROM FROM $165,900 $165,900 10604 10604 - 116 - 116 St NW NW St NW 780.705.1350 780.705.1350

66 66 ST ST

vibevibe

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FROM FROM $656,696 $656,696 4042 4042 MacTaggart MacTaggart MacTaggart Dr Dr NW Dr NWNW 780.756.2230 780.756.2230

142 ST 142 ST

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YELLOWHEAD YELLOWHEAD YELLOWHEADTRTR TR ANTHONY HENDAY DR ANTHONY HENDAY DR WINTERBURN RD WINTERBURN RD

FROM FROM $237,900 $237,900 1144 1144 Adamson Adamson Dr Dr SW SW Dr SW 587.520.6775 587.520.6775

ST 82 ST 82

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

UP UPUP TO TOTO $20,000 $20,000 $20,000 OFF! OFF!

167 167 167AVE AVE AVE

ST 97 ST 97

SW

SW

CHROME CHROME

ALBANY WAY ALBANY WAY

jadejade

VVIICCTO TORI IA TR R

W

WITH WITH LOCATIONS LOCATIONS LOCATIONSTHROUGHOUT THROUGHOUT THROUGHOUTEDMONTON EDMONTON EDMONTON–––CARRINGTON CARRINGTON CARRINGTON HAS HAS HASSOMETHING SOMETHING SOMETHINGFOR FOR FOREVERYONE EVERYONE EVERYONE

W

BU ILD IN G


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PEE OT E I T I W U EN N O SSU PE N W OOP OOW WW SSHHNNOO

SHSH NO O OW W WS S OU U PIET NE

* **

Save Save $20,000 $20,000 $20,000!!!

UP UP UP TO TO TO $15,000 $15,000 $15,000 OFF! OFF! OFF! SELECT SELECT SELECT YOUR YOUR OWN YOUR OWN FINISHES OWN FINISHES FINISHES

• •Showsuite • Showsuite Showsuite NOW NOW NOW OPEN! OPEN! OPEN! • •Over-height • Over-height Over-height ceilings ceilings ceilings on all onon floors allall floors floors • •Laminate • Laminate Laminate floors floors floors andand over-height and over-height over-height cabinets cabinets cabinets

PARA DE NW GRIESBACH 97 STREET PARA DE NW

GRIESBACH

PARA DE NW

GRIESBACH

NW

NW

PEGASUS BLVD

D BLV

D BLV

PEGASUS BLVD

ULT

ULT

NW

AVE NW AVE NW SALES SALES SALES HOURS HOURS HOURSFREZENBERG AVE NWFREZENBERGFREZENBERG –38pm pm – 8pm Mon Mon to Thurs: Mon to Thurs: to3pm Thurs: 3–pm8pm Sat, Sun Sat, Sat, & Sun Holidays: Sun & Holidays: & Holidays: 12pm 12 – 5pm 12 pm– pm5pm – 5pm Closed Closed on Closed Fridays on on Fridays Fridays 137 AVENUE

GA

GA

D BLV

CONDOS CONDOS CONDOS FROM FROM FROM $221,900 $221,900 $221,900

ULT

• •Secure, • Secure, Secure, heated heated heated underground underground underground parking parking parking withwith storage with storage storage

NORTHWEST NORTHWEST NORTHWEST KAPYONG AVE NW KAPYONG AVE KAPYONG NW AVE NW Call Dina CallCall Dina at 780.760.2002 Dina at 780.760.2002 at 780.760.2002 504 Griesbach 504504 Griesbach Griesbach Parade Parade NW Parade NWNW GA

• •Full-height • Full-height Full-height ceramic ceramic ceramic subway-style subway-style subway-style backsplash backsplash backsplash

PEGASUS BLVD

up up up tototo

137 AVENUE137 AVENUE


E IT SUPEN O OWW SH NO

UP TO $10,000 OFF!

UP TO $10,000 OFF! SELECT YOUR OWN FINISHES

Immediate occupancies!

•

Construction underway!

•

Over-height ceilings on all floors

•

•

Located in Rosenthal, Jade offers convenient access to both the Anthony Henday and Whitemud Drive

2 bedroom, and 2 bedroom including den suites

•

Secure, heated underground parking with storage

•

Two-storey lobby and over-height ceilings on fourth floor

•

Full-height backsplash, laminate floors, and six appliances included

CONDOS FROM $252,900

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

Full-height ceramic subway-style backsplash

WEST Call Trent at 780.426.1686 1004 Rosenthal Blvd

ANTHONY HENDAY DR

•

Laminate floors and over-height cabinets

WINTERBURN RD

•

ELLERSLIE RD

SOUTHEAST Call Amanda at 780.761.3144 4008 Savaryn Drive SW SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays

RECREATIONAL BEACH LAKE CLUB 88 ST

•

91 ST

IMMEDIATE POSSESSIONS

SAVARYN DR SW 25 AVE

CONDOS FROM $241,900

22 AVE


U

E IT SUPEN O OWW SH NO

CO NS UN TR DE U RW C T AY IO N

2

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

•

Heated underground parking with storage

•

Two-storey lobby and over-height ceilings on all floors

•

Walking distance to a pond, walking trails and a future park

•

Secure, heated underground parking with storage

WA Y

186 A AVE

76 ST

66 ST

79 ST

SCH

ON

SEE

NORTHSHORE SCH ONS E E D R.

167 AVE

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

142 ST NW

•

82 ST

Immediate occupancies!

Y DR NDA E H ONY ANTH ALBANY WAY

167 AVE NW

W ST N

•

127

Immediate occupancies!

VENESS RD

LAST CHANCE TO CHOOSE YOUR OWN FINISHES

•

CONDOS FROM $189,900

CO ER N W ST AY R FO U R CT BU I IL ON D IN

UP TO $10,000 OFF!

QUICK POSSESSIONS

SALES HOURS Mon to Thurs: 3pm – 8pm Sat, Sun & Holidays: 12pm – 5pm Closed on Fridays

D

G

UP TO $10,000 OFF!

NORTHEAST Call Mick at 780.476.1137 5510 Schonsee Drive

N


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.

LiveBrookfield.com


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Edmonton New Condo Guide - Dec 4, 2015 by NextHome - Issuu