Calgary Home Guide - 17 Apr., 2015

Apr 17 - May 15, 2015 Volume 15 Issue 04

Calgary Edition

Your Best Source for Homes & Condos

Nestled on the ridge in McKenzie Lake

Ray Riley

ROYAL LePAGE Foothills 403.270.7601 | rayriley@shaw.ca | www.rayriley.com

For more information on this property, please go to page 44-45

INSIDE THIS ISSUE

UPS & DOWNS IN CALGARY HOME MARKET

MORTGAGE COSTS TO RISE FOR SOME CANADIANS

HOME STAGING FOR THE SPRING MARKET

The Pinnacle of

LUXURY A Brand New Magazine Dedicated to High-End Properties in Calgary and Area

The only magazine of its kind in Calgary, Luxury Living showcases high-end homes, condos and properties.

This is your exclusive opportunity to establish your property as the pinnacle of afuent living.

PICK UP YOUR FREE COPY.

E AT AVAILABLE ONLIN y.com LuxuryLivingCalgar

SPRIN G 2015

F T E lu m b f

Entertaining with

JILLIAN HARRIS SUMPTUOUS IN SCARLET

H DESIGNER/ 10 QUESTIONS WIT N LENSTRA NNO DEVELOPER SHA

TO BOOK YOUR ADVERTISING SPACE CONTACT:

AN UPSCALE ADDRESS

Brought to you by the publishers of

Anita Van Breevoort 403.461.5518 anita.vanbreevoort@ypnexthome.ca

RICHARD KIM RE/MAX HOUSE OF REAL ESTATE Presenting 107 Whispering Woods Terrace in Elbow Valley Estates $875,000

Fantastic fully finished walkout bungalow with unique 2nd floor bonus room. This home has been well maintained & is in move-in condition!

This west back bungalow is flooded with natural light, backing onto a peaceful pathway/green space leading to ponds and wooded areas.

Enter to a spacious foyer; relax in the large great room with gas fireplace; prepare scrumptious meals in the gourmet kitchen, unwind in the luxurious master suite with opulent ensuite featuring double sinks & newly renovated custom shower; enjoy the convenience of a second main floor bedroom; your imagination is the limit for the huge upper floor bonus room. The walkout level is fully finished featuring 2 more bedrooms, another full bath, gigantic rec room, 2nd fireplace, wet bar area, all complete with infloor heating. Enjoy the sun on the west facing rear deck. For the hot and sunny days, this home comes with AC. The garage is an oversized double. Priced to sell!!

C 403.616.0734 E richard.kim@remax.net F 403.476.5200 W www.richkim.ca

Selling your home?

Earn 1,000 reward miles up front*

Get started! *Terms & Conditions apply

Work with a century 21 office and be rewarded

3816 17 St SW $1,295,000

JASON WILSON 403-605-0505

• • • •

• • • •

IMMACULATE, BRIGHT INNERCITY TOWNHOUSE!

SILVER SPRINGS BUNGALOW!

2642 Sq. Ft 4 Bedrooms 5 Bathrooms Underground Parking Stall • Spectacular!

jw6050505@gmail.com www.century21bamber.ab.ca

ALLISON JAMES 403-708-5873 ajames16@gmail.com www.allisonjames.com

SONIA MOLINA 403-630-8684

• Great downtown views!

• Rare double attached garage • 2 Bedrooms plus den and 2 full bathrooms • MLS#C3648326

lafondrose@gmail.com

• Over 1300 square feet.

• Fantastic neighborhood • 3 + Bedrooms, 3 full bathrooms • Fully finished basement • MLS#C3652239

SPRUCE CLIFF

• Executive Condo 900 sf • Price reduced $349.900

• Gorgeous 2 Bedrooms with fantastic views of downtown Just SOLD • Others 2 + den available • Copperwood Complex overlooking Shaganappi golf course • MLS #3649442

• • • •

2 Bedrooms Laundry In-suite Covered Parking stall Renovated kitchen and bathroom • MLS # 3650789

67 RIDGE VIEW PLACE COCHRANE $1,250,000

403-830-7901

580 Sq. Ft. 1 Bedrooms 1 Bathroom Double Detached Garage.

• Low Condo Fees!

INNER CITY-CONNAUGHT

smolinamadrid@hotmail.com

ROSE-MARIE LAFOND

104 2420 34 AV SW, $255,000

• 3200+ sqft above grade • triple car heated garage • 10 ft ceilings • upgraded DACOR appliances • steam shower

SOLD CONT’D

• C4004422 cont’d • stunning mountain views • covered deck w/ fireplace • 1300+ walk-out w/ heated floors • wet bar, wine room • gym and more!!!

• MLS C400442

Dianne Brown

REAL ESTATE TEAM DIANNE & MICHAEL BROWN

LANDAN REAL ESTATE

CALL & ASK FOR DIANNE

403-256-3888 ACHIEVEMENTS • RE/MAX Platinum Club • RE/MAX President’s Club • Chairman’s Club • Member of MLS Million Dollar Club

1-800-661-6262

realestate@diannebrown.ca www.diannebrown.ca

STRATHMORE

ACADIA

SILVERADO

RARE OPPORTUNITY! 1 bdrm & lock-off suites in the Swan Evergreen Village ASSISTED LIVING facility. Amenities include full service dining, fitness facility, games & craft rooms, bistro & professional onsite mgmt.

Sunny 3 bedroom, 1½ bath 2 storey with developed lower level, single garage & private fenced yard. Features a white kitchen with island with breakfast bar, master bedroom with double closets. Close to schools & playground.

3 bedroom townhouse in a quiet location and walking distance to the LRT and shopping. This home is in lovely condition with upgraded appliances & flooring, in a quiet setting and has a private fenced South yard.

Charming 2 storey with 2 bedrooms & 2 baths + single garage. Open plan featuring 9’ ceilings, cozy gas fireplace, large kitchen w/extended espresso cabinetry, stainless appliances & breakfast bar.

Laundry room is on the upper level.

$215,900 - $296,900 + GST

$219,900

$329,900

$339,900

RICHMOND PARK

VARSITY ESTATES

BRIDLEWOOD

Fantastic price, river & tree top views from your sunny South balcony in this Contemporary 2 bdrm, 2 bath condo. Cozy gas fireplace, Stainless Appliances, granite counters & titled parking stall!

Tastefully updated 2+1 bdrm, 3 bath townhome w/professionally developed lower level. Features hdwd & tile throughout the main, cozy fireplace, skylight, jetted tub & large private deck. Close to Killarney shops, parks & public pool.

Brand New Luxurious 2 bdrm, 2 bath condo. Features incl: Downtown & Mountain views, hdwd, ceramic & cork flooring, quartz counters, stainless appliance pkg, underground pkg & storage locker.

Close to transit, LRT & shopping.

$409,900

$489,900

$628,500

Bright 3 bdrm, 2½ bath home featuring: developed lwr level, gas f/p, walk-in pantry & breakfast bar island, bamboo laminate & ceramic tile on main.

Master w/walk-in closet & jetted tub. Backs onto park + easy access to LRT & ring road.

$429,900

SOMERSET

DIAMOND COVE

SIGNAL HILL

ARBOUR LAKE

Bright, open 2+1 bdrm, 3 bath 1,644 sqft home features: prof. developed walkout, vaulted ceiling, kitchen w/butcher block island & walk-in pantry, cozy 2 sided fireplace & large private deck Close to schools, transit, shopping & more.

Totally renovated 2+1 bedroom, 3 bath bungalow w/finished lower level. Features: vaulted ceilings, rich hdwd floors, updated cabinetry w/quartz counters, year round sunroom w/heated floors & fireplace all on a large private lot.

Over 4000sqft of development in this elegant 4+1 bdrm home on large corner lot. Reservoir & mountain views, formal living & dining rms, renovated Chef’s kitchen, 2 fireplaces, wall of built-ins, prof. developed walkout w/built-in wet bar.

Absolutely gorgeous 1+2 bedroom walkout bungalow with park & mountain views. Features 2½ baths, vaulted ceiling, skylights, gas fireplace, gourmet kitchen, media room & large low maintenance deck.

$579,900

$689,900

$869,900

Residential

MISSION

Condominiums

EVERGREEN

$869,900

BRIAR HILL

KELVIN GROVE

IRRICANA

Elegant contemporary executive home backing onto Fish Creek Park. Total of 4 bedrooms, 3½ baths. Gourmet kitchen, in-laid limestone & tile flooring. Professionally landscaped with terraced decking, patio and heated pool.

Stylish & elegantly renovated home on a 50’ lot.

4 bedrooms & 4 luxurious bathrooms hardwood & tile throughout, Chef’s kitchen with professional appliances, formal living & dining rooms, professionally developed walkout. And so much more.

Spectacular development in this totally renovated home on a 70’ lot. Over 4000 sqft of development. This home is new from the studs in and the studs out including insulation.

This parcel contains 80 ACRES of PRIME cultivated farm land and is located adjacent to the East of Range Road 263, one mile North of Highway #9 and 2 miles North of the Town of Irricana in the Municipal District of Rockyview.

$1,595,000

$1,650,000

$449,900

Rural

WOODBINE

$1,450,000

featurerealtor

Luxury realtor Ray Riley finds special properties for buyers

F

B Y H E AT H E R R YA N

or many years, homeowners who desire a property that goes beyond the ordinary have turned to luxury home realtor Ray Riley.

A realtor with Royal LePage Foothills, Ray has become known for discovering properties that offer something special, including those on the waterfront, on the ridge offering spectacular views, and upper-end homes with the finest finishings and features that people desire in a luxury home.

“I really enjoy helping people find the home they want,” says Ray, who has been in real estate for close to 20 years and has helped hundreds of people find their ideal property, whether that’s been in prestigious Elbow Park or Lake Bonavista.

“Many people I work with are looking for their second, third or their forever home, and they want something that is not your typical cookie-cutter house,” he says. “I work hard to find that dream home and I love doing that. I walk the streets, send out letters and make calls, and I find homes that are not necessarily on

6 • HomeGuide | Volume15 Issue04

the market but just what my clients want.”

And clients quickly discover that Ray is not focused on sales volume, but on quality. He enjoys working one-on-one with clients to get an understanding of what they want. His unique personal approach benefits buyers and sellers, whether it is showcasing a home’s attributes or helping buyers find exactly what they are looking for.

“I also have a wonderful support staff behind me,” Ray says, helping him stay connected to his clients.

Besides his website, where Ray has set up some of his favorite searches on the front page for Water front, City, Mountain views and Luxury homes, clients’ referrals are his best source of business.

For a free market evaluation, to learn more about the services Ray provides, and to schedule a private interview, you can contact Ray Riley, Royal LePage Foothills, by calling 403.270.760, email rayriley@shaw.ca or visit rayriley.com.

visit RAYRILEY.com LAKE HOMES

LAKE HOMES FOR SALE IN CALGARY

• • • • •

RIDGE HOMES

LUXURY HOMES

RIDGE HOMES WITH SPECTACULAR VIEWS IN CALGARY

LUXURIOUS HOME FOR SALE IN CALGARY

MAHOGANY

MOUNT ROYAL

$629,900

$4,500,000

Smart house in the lake community 2 storey, 4 bedrooms, 3 1/2 baths Stainless steel appliances Fireplace Fully developed basement with a media room

PROFESSIONALISM

SERVICE

• Custom-built 2 storey 4 bedrooms, 5 1/2 baths • More then 5,000 sq ft living space, • Estate-sized lot - 175 Ft • 3 fireplaces • Oversized tipple car garage 1250 Sq.Ft • In slab heating including driveway • Low maintains brick and sandstone exterior RESULTS

RAY RILEY.com TELEPHONE: Foothills

403.270.7601

E-MAIL: RAYRILEY@SHAW.CA

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

advertisersindex CAMERON & COMPANY DISCOUNT REALTY LTD. Dory Cameron. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26 CENTURY 21 Allison James . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 David Crick . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Jason Wilson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Rose-Marie Lafond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Sonia Molina . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 MAPLE LEAF REALTY Ken Yeoh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31 RE/MAX REAL ESTATE Dianne Brown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Don Lothian. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33 Gary Williams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31 James Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Len T. Wong & Associates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Matt Williams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31 Richard Kim. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Robert Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 ROYAL LEPAGE REAL ESTATE Chris Zaharko . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Ray Riley. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Serhan Tarkan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Back Page

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF/DIRECTOR OF CONTENT

Susan Legge

NATIONAL SALES MANAGER

Jessica Wilson EDITOR

Lydia McNutt MEDIA CONSULTANT

Anita van Breevoort Phone: 403.461.5518 CONTRIBUTING EDITORS

Sara Duck (on leave) Wayne Karl Elisa Krovblit

SENIOR PRODUCTION MANAGER

Bala Gnanapandithan

PRODUCTION MANAGER

Nikki Yarwood

GRAPHIC DESIGNER/DISPLAY ARTIST

Mike Terentiev, Bei Zhang

PRODUCTION COORDINATOR

Swinder Jodhka PRINTING

Transcontinental, LGM - Coronet FOR ADVERTISING INQUIRIES PLEASE CALL 403.461.5518

MORTGAGE COMPANIES PROLINK Lori Ames. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 THE MORTGAGE GROUP ALBERTA Stuart Pocock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 RECREATIONAL PROPERTIES & MORE HOME INSPECTIONS Pro Elite Home Inspections Services Ltd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 PEMBERTON HOLMES Nancy Vieira . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 RECREATIONAL PROPERTIES Whispering Pines Golf & Country Club . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39

Home Guide is published by Yellow Pages Homes Limited, located at 2891 Sunridge Way NE, Calgary, AB T1Y 7K7.

Home Guide is distributed throughout Calgary at free pick-up locations. This magazine carefully inspects all ads for accuracy, however, the publisher and the printer shall not be responsible for any mistakes, design errors or incorrect information which is provided by the advertiser or their representative. The advertising herein, including the photographs and all artwork, is the property of Home Guide and not that of the advertiser. The advertiser has purchased the right of reproduction in Home Guide magazine only and does not have the right to reproduce the ad in whole or in part in any other place or publication without the consent of the publisher.

The entire contents of this publication are protected by copyright and are intended for the sole use of the public.

The views expressed by the columnists in this publication are not necessarily those of the publication.

Volume15 Issue04 HomeGuide •

9

contents

44

VOLUME 15 ISSUE 4 | APR 17 - MAY 15, 2015

IN THIS ISSUE 6.

Luxury realtor Ray Riley finds special properties for buyers

FEATURE REALTOR

by Heather Ryan

16.

EDITOR’S NOTE

18.

QUICK TIPS The seasonal switch-up: Make way for spring!

by Hellen Buttigieg

19.

MORTGAGE ADVICE

Mortgage math

by Alyssa Richard

21.

Ups and downs in Calgary’s real estate market

MARKET ANALYSIS

by Heather Ryan

28.

IN THE NEWS Mortgage costs about to rise for some Canadians

by Lydia McNutt

10 • HomeGuide | Volume15 Issue04

33.

MAKE YOUR MOVE

A cleaner and Greener move

by Chuck Resnick

36.

RECREATION PROPERTY

38.

EXPERT ADVICE

41.

AROUND THE HOUSE

home safe and sound

Molly Maid

Keeping your summer

Great spring cleaning tips from Home staging highlights

by Laura Le

44.

Exceptional McKenzie Lake home presents stunning views and features, presented by Ray Riley, Royal LePage Foothills by Heather Ryan

FEATURE PROPERTY

6

21

36

41

MAPS & EXTRAS 20, 30, 32 & 34. Calgary maps, communities and MLS numbers 35. Recreational properties 40. Out-of-town regional map 46. You love the home, see what you can afford!

FOR ADVERTISING INFORMATION CALL 403.461.5518 NEXT DEADLINE: MAY 1, 2015

28

Volume15 Issue04 HomeGuide •

11

Zaharko

the name synonymous w

The Montana - Premier penthouse office condo • 6,000 square feet • Unobstructed 360 degree views • 14 offices, 10 underground parking stalls

$4,485,000

Evergreen • Built ins & curved staircase • 3+1 bed, 3.5 bath • Finished walkout basement

$649,900

Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

us with real estate Discovery Ridge Apartment Condo • 2 car heated parking stall • fully covered patio • 2 bedroom 2 bath

$399,500

Wildwood • Upgraded kitchen & living areas • Freshly painted exterior • Fully finished basement

$629,900

Totally Renovated Bungalow in Collingwood • 3 +1 bedrooms • Completely new upgraded kitchen • Fully finished

$699,900

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

Zaharko

the name synonymous w

Kelvin Grove • • • •

Completely renovated 3000 SF 4 beds up Hardwood throughout both levels Triple oversized garage

$1,390,000

Shaganappi Bungalow • • • •

50 x 145’ lot Renovated kitchen Oat built-ins 4 car garage

$799,900

Signature Park • • • •

Former showhome 2 bed + loft Granite & Stainless steel in kitchen Huge balcony with city views

$684,900

Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

us with real estate Cranston • Backing to green space • 4 bed 3.5 bath • Basement

$449,900

Mount Royal Character Home • Vaulted ceilings & skylights • Built-in bookshelves • Updated kitchen

$1,180,000

Garrison Woods Townhouse • • • •

Over 3,000 square feet 3 beds + 3 baths Double detached garage Close to all Amenities

$729,000

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

editor’snote

y

A NEW HOME

for your new needs

our next home needs to fulfill more than just a change in location. It needs to deliver a level of comfort, convenience and quality that you may be missing in your current home. A move often accompanies one of life’s milestones – getting married, starting a family, or the kids leaving the nest. On your wish list are features you’ve likely not considered on your previous searches for a place to call “home.”

Perhaps more bedrooms and yard space are in order for your growing family? Or fewer bathrooms and general living space to help minimize housework?

Whatever your needs, it’s imperative that you create a realistic shopping list so you can assess a home’s potential without any distractions. With so many beautiful communities across Calgary, we’re here to help you find a home with the bells and whistles you want and need.

Homebuyers this year are fortunate to be able to take advantage of low interest rates and plenty of pickings. Your journey starts here.

We hope you enjoy this issue. Do let us know what you think! We’d love to hear from you.

Susan Legge EDITOR-IN-CHIEF Yellow Pages NextHome, Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge

w

A cleaner and

GREENER HOME

ith the springtime awakening of the outdoors and Earth Day on April 22, going Green is always a hot topic at this time of year. People have a passion for all things eco, whether for Earth’s preservation, personal health reasons, or for the money savings often associated with this way of life.

If going Green is important to you, research what features are available in the homes you’re considering purchasing. If they’re not already part of the deal, find out what technologies are available that you can add down the road. Not only will you be doing your part to protect the environment, but the Green benefits also extend to your wallet in the form of lower operating costs, and possibly higher resale value when you sell the place one day.

Big moves aside, think about all the little things you can do in your home that will make a difference to the planet. Be passive! Using less does more than you think.

Replace incandescent light bulbs with compact fluorescent ones to reduce energy consumption, or install low-flow showerheads and faucets, if your builder hasn’t already done so. Once you make the initial change, you won’t give it a second thought.

Green products, materials and services have become more accessible and affordable. Check for municipal, provincial and federal rebates to help ease any financial burden.

Going Green is not about celebrating Earth Day for one day. It’s about a lifestyle change, 365 days a year.

Lydia McNutt EDITOR Lydia.McNutt@ypnexthome.ca Follow me on Twitter at Twitter.com/LydiasTweets

16 • HomeGuide | Volume15 Issue04

JAMES COTE

703-0455

Certified Condominium Specialist 3rd Generation Calgary Realtor To view these properties go to: HOUSE OF REAL ESTATE

www.jamescote.com

SILVER SPRINGS

BEAUTIFUL GEM!

$479,900

Beautiful 1 & 1/2 story 4 bedroom gem located on a quiet street in the sought after neighborhood of Silver Springs!! With over 1800+ sq.ft. of living space, this well maintained home shows pride of ownership. You’ll be drawn into the large living room with a majestic brick feature fireplace that rises through 2 floors in the heart of the home. The rest of the main level boasts an open kitchen, separate dining area, a bedroom, reading nook and a 2 pce. bathroom. The upper level has a 4 pce. bathroom and 3 bedrooms. The lower level has a huge family room, a laundry/utility room and a large area that could be finished into a bathroom & 5th bedroom. South facing backyard is fully fenced, landscaped and has a great deck to enjoy. An extended parking pad in front allows for extra parking or camper storage. Note: the fireplace has an electric fireplace inserted but can be easily converted back to wood burning. Home is close to shopping, schools and transportation.

This is a “must see”! Book a showing today!!

ROYAL OAK

IMMACULATE TOWNHOUSE!!

$304,900

IMMACULATE CONDITION!! Clean and very well maintained, this beautiful 2 bedroom townhouse shows pride of ownership! Inviting floor plan with great flow and a complete use of space. Some of the features of this condo unit are: 2 parking stalls - A large living room with feature corner fireplace - a breakfast nook that fits a large table - a west facing back deck - 2 piece main floor bathroom - low condo fees. The gourmet kitchen is stylishly designed with black appliances and maple cabinets and has lots of counter space. The upper level features 2 big bedrooms that both feel like master suites, each having a walkin closet. Both bedrooms share an oversized 4 piece en-suite bathroom. Tons of storage and laundry in the basement. This unit has been pet and smoke free. Shopping amenities, restaurants and city transit are all within a short walking distance. Don’t let this one pass you by! Book a showing today!!

THE CANALS - AIRDRIE

SILVERADO

FAMILY HOME & MORTGAGE HELPER

CORNER LOT! GREAT VIEWS!

$575,000 BEAUTIFUL FAMILY HOME AND MORTGAGE HELPER! This 4 bedroom + Den home has over 2800 sq.ft. of living space and is located in the sought after neighborhood of the Canals. Features of this home include: Large Living Room with corner fireplace - a formal Dining Room - open concept stairs to Upper Level - finished room in basement that could be used as an office - 2 hot water tanks - RV Parking Pad next to garage. The stunning Kitchen comes with granite countertops, stainless steel appliances, eating bar and a corner pantry. The large Master Bedroom is bright with lots of windows and comes with a walk-in closet and a 5 piece ensuite with his & her sinks, separate shower and a jaccuzi soaker tub. The detached Triple Garage has a legal 1 Bedroom “mother-in-law” suite above it. The legal suite is currently occupied and tenants would prefer to stay. Current rent is $950 per month and includes water.

Help your mortgage with built-in tenants! Come have a look at this beautiful home today!

$554,900 CORNER LOT HOME ON A QUIET STREET WITH GREAT VIEWS!! This beautiful 2 storey, 3 bedroom home has upgraded finishing and over 2020 sq.ft. of living space. Hardwood floors throughout the main level, this open concept floor plan has great flow and a complete use of space. Stunning Kitchen with granite tops, all LG stainless steel appliances, darkwood cabinets, island w/eating bar, modern tile backsplash and a walk-thru pantry. A dining room, 2 pce. bathroom, laundry/mud room, double attached garage and a west exposure backyard that faces Spruce Meadows completes the main level. The upper level boasts 3 bedrooms, a 4 pce. bathroom and a spacious bonus room that leads to a huge dura-deck balcony with an amazing view! The master bedroom has more great country views, a walk-in closet and a 5 pce. ensuite with corner soaker tub, separate shower and his & her sinks. The home also comes with an extended New Home Warranty that expires August 30, 2021! This home will impress! Book a viewing today!!

quicktips

The seasonal switch-up: Make way for spring!

BY HELLEN BUT TIGIEG

A

t first, you were afraid to put away the winter gear because it was impossible to believe that unrelenting, snow-filled season was really over. But as spring slowly slides into place, you’re finding spring jackets and raincoats being layered on hangers atop winter jackets. The hall closet is bursting at the seams trying to contain the collection of everything from mitts and snow boots to umbrellas to Wellies. It’s time for the seasonal switch-up. Make some space for your spring and summer, and don’t give Jack Frost another thought.

HOW LONG HAVE YOU BEEN PUTTING OFF THAT RUMMAGE SALE?

Have you been saving items for years with the intention of selling them, but never seem to get around to it? Pull out your calendar today and book a definite date to have your sale this spring. Blocking the time now increases the likelihood of following through with it later.

Another option is to forgo the big sell-off entirely and donate these items instead. It takes several days to orchestrate a successful sale, so determine whether the money you’ll make is worth the time and energy it will take. After all, you can always get more money but you can never replace lost time.

HAVE YOU STORED YOUR PARKA?

If you’ve been putting off the task of storing your winter coats because you don’t have an extra closet, there’s a solution. A sturdy, rolling garment rack makes an ideal spot to store winter coats during the summer.

Be sure to dry-clean all items before storing, even if they look clean. Body oils and not-yet-visible food stains attract moths – especially on wool coats. Cover the clothes with a clean, cotton bed sheet or use a zippered canvas wardrobe cover specifically designed for this purpose to keep your clothes dust-free. If you don’t have room for a garment rack, store seasonal items in large garment bags, suitcases or under-bed storage bins.

JUMP-START YOUR SPRING CLEANING WITH BABY STEPS.

If you don’t know where to begin when it comes to spring-cleaning your home, start small. Pick just one room. Moving clockwise, remove anything that doesn’t belong in that room and place it in a “move elsewhere” box to deliver to the room it should live in. Pull out anything that doesn’t give you joy or value and place it in a giveaway box. Toss or recycle any papers and garbage that are left over. Designate this room as a “no-clutter zone” so you will always have a sanctuary to escape to, regardless of what the rest of the house looks like.

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, or email Hellen at info@WeOrganizeU.com

NEED A MORTGAGE? Call (403) 863-1293 Today!

Five Year Fixed Rate

loriames@gmail.com

PRO LINK MORTGAGE My experience and service will work for you.

2.69%

all subject to change, lender qualifications will apply

18 • HomeGuide | Volume15 Issue04

Mortgage math

I

mortgageadvice

B Y A LY S S A R I C H A R D

n buying a home, your first step is to get pre-approved for a mortgage. The amount of your approval is the absolute maximum a bank or mortgage broker would be willing to give you – and the mortgage payment at that top price is often outside of people’s comfort zones. To ensure you’re not strapped for cash, buy at a lower price point. Your budget will thank you when interest rates rise.

Economists have said an interest rate hike was on the horizon for years, but indications are that it could happen in 2015 (despite the recent drop). Since our economy follows that of the U.S., the Bank of Canada will watch the Federal Reserve and go from there. It’s predicted that our prime rate could rise as much as 1.25 to 1.50 per cent, though, which would affect anyone who had a loan attached to prime.

If you’re thinking of taking advantage of a low variable mortgage rate this year, you should first run the numbers to see if you could afford this potential increase.

According to the Canadian Real Estate Association, the average home price in Canada is slightly more than $413,000.

If you were to make a 20-per-cent down payment with a fiveyear variable mortgage rate of, 2.09 per cent, your monthly

mortgage payment would be $1,413.

If the prime rate were to rise by 1.50 per cent, your mortgage rate would increase from 2.09 to 3.59 per cent, and your monthly mortgage payment would go up to $1,665.

That’s $252 more per month, or an extra $3,024 per year, that you’d need to find in your budget.

Imagine how difficult that money would be to come up with if you’d already purchased something at the top of your max budget.

Even if an mortgage rate increase weren’t on the horizon, I always recommend that homebuyers stress-test their mortgage against a higher rate before they buy. A good rule of thumb is this: if you can’t afford a two-per-cent interest rate hike, you may want to look at a home within a more appropriate price range.

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.

HOME INSPECTION OFFERING: • • • •

Pre Purchase inspections Pre Listing inspections Home Maintenance inspections Thermal Imaging

HOW WE CAN HELP YOU.

• Identify any potential problems • Help you understand how your home works • Provide you with a comprehensive, independent, and objective evaluation

phone 403.690.6023 fax 403.249.4154

email: Info@proeliteinspections.com www.proeliteinspections.com

Volume15 Issue04 HomeGuide •

19

zone

STONEY TR

COMMUNITIES & MLS NUMBERS STONEY TR

CROWCHILD TR DEERFOOT TR

TRANS CANADA HI

Greenwood Greenbiar

16 AV Pt. McKay

PRO LINK MORTGAGE

Need a mortgage?

Call (403) 863-1293 Today!

Five Year Fixed Rate

2.69%

email: loriames@gmail.com

20 • HomeGuide | Volume15 Issue04

Arbour Lake ................................443 Banff Trail .....................................415 Beddington ..................................508 Bowness.......................................478 Brentwood ...................................420 Briar Hill ......................................408 Bridgeland ...................................400 Cambrian Heights ......................496 Capitol Hill ..................................414 Charleswood ...............................419 Citadel .........................................475 Collingwood ................................418 Country Hills ...............................516 Country Hills Village...................521 Coventry Hills .............................520 Crescent Heights ........................404 Dalhousie ....................................422 Edgemont ....................................461 Evanston ......................................519 Greenview ...................................503 Greenwood Greenbiar ...............479 Hamptons ...................................471 Hanson Ranch ............................517 Harvest Hills ...............................514 Hawkwood ..................................451 Hidden Valley ..............................518 Highland Park .............................498 Highwood ...................................499 Hillhurst ......................................407 Huntington Hills.........................505 Kincora ........................................524 Lynx Ridge ...................................488 Macewan Glen ............................512

Montgomery ...............................476 Mount Pleasant...........................494 Mountview ..................................490 Nolan Hill ....................................474 North Haven ...............................500 North Haven Upper ...................501 Panorama Hills ............................515 Parkdale .......................................411 Point Mckay.................................412 Ranchlands ..................................441 Ranchlands Estates .....................442 Regal Terrace/Renfrew ................402 Rocky Ridge ................................484 Rosedale ......................................406 Rosemont ....................................495 Royal Oak ....................................486 Sandstone....................................510 Sage Hill ......................................526 Scenic Acres ................................432 Sherwood ....................................477 Silver Springs ..............................430 St. Andrews Heights ...................413 Stoney Industrial.........................525 Sunnyside ....................................405 Thorncliffe ...................................502 Tuscany ........................................482 Tuxedo..........................................492 University Heights ......................416 Valley Ridge .................................480 Varsity Acres ................................426 Varsity Estates .............................428 Varsity Village ..............................424 West Hillhurst .............................410

marketanalysis

Ups and downs

in Calgary’s real estate market B Y H E AT H E R R YA N

C

algary’s real estate market in March marked the third consecutive month that sales dropped by roughly 30 per cent in year-to-year comparisons, but it continues to register monthly gains after a slow start to the year, according to recent figures released by the Calgary Real Estate Board (CREB).

Total combined sales in the city of Calgary were 1,747 in March, a 29.6-per-cent drop from the 2,481 recorded in March 2014, but a 30.3-per-cent jump from the 1,217 in sales recorded in February.

Detached (single-family) sales in March were 1,061, down 29.6 per cent from the 1,506 tallied in March 2014, but a 30.3-per-cent hike above February’s 739 in sales.

Meanwhile, attached (condo townhouse) sales were 387 in March, a 26-per-cent decline from 523 in March 2014, but up 32.6 per cent from February’s 261.

Condo apartment sales saw the largest decline in year-to-year comparisons in March. Total sales were 299 – down 33.9 per cent from the 452 in March 2014, however it was a 27.4-per-cent gain from February’s 217.

“We did see good activity in March and stronger sales as buyers have more confidence now that they can negotiate on price,” says CREB president Corinne Lyall.

“Unfortunately a lot of people focus on year-to-year comparisons and the 30-per-cent drop in sales, but last year really saw a phenomenal growth in sales and low inventory, so it’s hard to compare the two.

“Last year the condo townhome market was also really strong because there was not a whole lot of inventory, particularly in the single-family market, under $400,000,” she says. “And now there is a lot more availability and 99 per cent of the product priced under $300,000 is either apartment or attached.”

Meanwhile, the number of new listings being added to the marketplace slowed in March after two months of gains. The total number of new listings added in March was 3,136 – a 5.5-percent drop from the 3,319 in March 2014.

The number of new detached listings added in March were 1,776, a 9.5-percent decline from 1,963 in March 2014, but up 5.7 per cent from February’s 1,674.

The number of new attached listings added in March was 689, almost on par with the 685 in March 2014 and February’s 681, while the number of new apartment listings added in March was 671, the exact same as March 2014’s but up 11.3 per cent from February’s 595.

“In January we had a huge jump in listings, but we saw that ease a little in February and again in March, so that has helped our absorption rate,” Lyall says.

“Overall, we have a four-month supply of inventory, which is really healthy; it allows people the opportunity to take their time and look around rather than make a snap decision,” Lyall says. “There is definitely more choice now for buyers and more opportunity, which is a good thing.”

Having more inventory compared to last year has had a slight impact on prices.

The detached benchmark price in March was $513,800, a 3.9-per-cent increase over March 2014’s $494,500, but down a fraction from February’s $516,000. The benchmark price for attached homes in March was $354,800, up 5.4 per cent over $336,700 in March 2014, and a dip from February’s $354,600. The benchmark price of apartments in March was $293,300, up almost two per cent from March 2014’s $287,600, but down from February’s $296,000. “We have more listings than this time last year, so we are seeing a softening on price, but the price softening has not eroded the price gains we saw last year,” Lyall says.

Volume15 Issue04 | HomeGuide •

21

REAL ESTATE TEAM

david@houseandcastle.com www.houseandcastle.com

Lyalta Acreage $639,000

1500 sq ft. fully finished bi-level with walkout, 6 bedrooms, 3 full baths n brand new condition. Triple detached garage, on 3 acres, 4 gallon well.

MLS C3650929

Coventry $475,000

1600 sq ft walk out fully finished, backing onto green space, close to schools and shopping. Absolutely mint condition. MLS C3646427

David Crick 403.230.2121

david@houseandcastle.com www.houseandcastle.com

Capital Hill $999,000

Shaganappi $699,000

Almost 5000 Sq ft of living space, featuring 1000 SQ Ft living room & dining room area.

Main floor master bedroom suite, 3 bedroom up, 5th bedroom. 1000 sq ft rec room, set up for separate entry for potential suite. triple detached garage, quite location. Text Code 10163 to 333-44

Well maintained home, on a 44 x 136 ft MC1 lot, suitable for building 5 town houses. 1750 sq ft fully development basement, large oversized dble detached garage.

MLS C4000300

Montgomery $405,000

Kilarney $259,900

half duplex with 6 bedrooms, 2 kitchens, suitable for renting out by room at $600 each.

Close to transportation. MLS C4001939

This top floor apartment is located close to all amenities. This 2 bedrms unit offers a quiet, warm and sunny balcony complete with a view of the rocky mountains!

Open floor plan with newer laminate and tile throughout. The kitchen offers newer extended cabinets, white appliances, built ins and countertops. There is a large eating/dining area that is opened to the living room and large patio doors to the spacious balcony ideal for taking in the sunshine and the views! The bedrooms have floor to ceiling windows. The master bedroom is a great size and has an electric fireplace.

The washroom has had extensive renovations and now boasts 5 pieces perfect for unwinding. Take advantage of the large jetted soaker tub and a separate shower. In suite storage and laundry. Inner city, concrete building, quiet top floor, renovated, south exposure over looking playground park area across the street.

Eau Claire $375,000

Lomond $75,000

Bowness $35,000

You will love the convience of being steps from the Bow in Eau Claire and close to all the downtown activities.

This 1004 Sq Ft. 2 bed and 2 bath condo is a bargain for anyone wanting the in city lifestyle or location. Comes with one indoor parking stall and the overall condition?

Fabulous!!!

Thats right, only 75000 for this 900 sq ft home just a half hour east of Vulcan. If you like fishing, there a 3 great fishing locations with in minutes of this location. Comes with a 75x120 foot lot and a single garage. This the perfect get away for a cottage or cash in your city home and get an inexpensive retirement home. There is a K to grade 12 school close by and all the businesses to provide you daily requirements

Mobile home, 852 sq ft, 2 bedrooms and a den, in mint condition, cheaper than renting. MLS C4001879

Len T. Wong Broker

Laura o’ConneLL Associate/Partner

Downtown

walk to work!

$184,900

570 sq ft, 1 bdrm, 1 bath condo located on the top floor of brick building in the heart of Chinatown. Secure building, insuite laundry.

Laminate flring throughout, large bdrm with big wardrobe closet. Bright, open plan with lots of natural light. Close to Eau Claire, river pathway and walk to work downtown. MLS#C3653860

valley riDGe

Greenview

Fully renovateD!

$214,900

Fully Renovated 1Bdrm Condo with Large Patio. This Unit features an open concept flr plan. Great sized Kitchen with High End s/s Appliances, Soft Closed Drawers & Cabinets, Contemporary Backsplash, & Granite Countertops. Large Living Rm with Woodburning Fireplace & Speaker System. Dr opens to massive patio finished with interlocking bricks.

Large Master Bdrm with a great sized window looking out to the patio.The 4pc bathroom is beautifully finished with a Granite Vanity, Air Jetted Tub, Rain Showerhead & Wand, & flr to ceiling tile. This unit also has an in-suite laundry & duel zoned built-in speaker system.

Assigned heated underground parking & for a limited time two more extra leased stalls included. Great Unit to live or invest in. MLS#C3652681

toP Floor unit!

$424,900

Quarry Park

Country Hills villaGe

on tHe lake!

$314,900 $254,900

Welcome to Country Village Bay situated on the lake close to Cardel Place, Sobeys, Library, Bus stops & Shopping Centre. This 2 bdrm, 2 bath, 3rd flr condo has 846 sq.ft.

An open & bright plan offers a spacious living rm that offers patio drs onto deck, kitchen with black appliances & dining area. Master bdrm has a 3pc ensuite with stainless steel sink. Very good sized 2nd bdrm & another 3pc bath. Insuite Laundry rm & storage. 1 underground titled parking & lots of visitor parking in front of building. Easily accessible to Stoney Trail and Deerfoot Trail. MLS#C3652118

air ConDitioneD!

$439,900

Fantastic lot in Elbow Valley West. Close to all amenities and surrounded by nature. 10 minutes west of Calgary. Close to golf courses and shopping. Minutes to Bragg Creek!

MLS#C3615055 breatHtakinG views!

$469,900

$319,900

Great loCation!

$358,800

iDeal For investor or DeveloPer!

$495,000

enD unit witH views!

$413,900

Well maintained bungalow with single detached garage. 50 ft. lot on a quiet street with south facing bkyd. 3 bdrm, 2 baths. Large living rm & main flr flr dining rm with built ins. Upgraded oak kitchen with granite countertops & new appliances open to eating area and huge sun rm.

Fully finished finished bsmt with large windows. Newer furnace & roof shingles. Close to amenities & minutes to downtown. MLS#C4003570

sPruCe CliFF

Patterson

Extremely well maintained 2 storey end unit townhouse with city views and single attached garage. Sides onto green belt with pathways.

2 bdrms, 2 baths and loft area. Hardwood and ceramic tile flring throughout main flr. Large living rm with gas fireplace open to dining area. Sunny, white kitchen with centre island, granite countertops and s/s appliances open to breakfast nook. Main flr laundry rm. 2pc powder rm. Upstairs has loft area, ideal for den. Large master bdrm and 2nd bdrm. 4pc bath with soaker tub and separate shower. Extra long single attached garage. Quiet location. Close to all amenities.

Ideal for the first time buyer. MLS#C4002687

This unit has Breathtaking views of Downtown, the Bow River & Shaganappi Golf Course.

Steps from the underground C-Train Station, walking distance to Westbrook Mall including Wal-Mart & Safeway and minutes to downtown. Modern condo living with A/C and 2 titled underground parking stalls. Stylish kitchen features s/s appliances and granite countertops.

The Nook has room for a large table great for entertaining. Great sized Balcony looking out to the amazing views. Living rm with a corner gas firepl fireplace. Master bdrm with large walk-in closet and 4pc ensuite fini finished with granite countertops. Second bdrm is a great size. 3pc bath with granite. In suite laundry. Many amenities such as swimming pool, hot tub, gym, games room, bike storage, storage locker, 24 hour on site security and on-site caretaker.

Amazing building with a lot to offer. Exceptional value! MLS#C3654290

HiGHlanD Park

lower mount royal

Luxurious 1 Bdrm, 1 Bathr Condo in Lower Mount Royal. The Beringer is a Boutique Concrete & Steel Construction Building perched on the hil side and the elevated ground flr unit gives you beautiful East Views, Downtown and 17th Ave. Large 215 sq. ft patio that is perfect for outdoor BBQ’s and entertaining. The kitchen showcases s/s countertops, backsplash and solid flat panel maple cabinets. S/S Appliances with gas stove and garburator. Spacious master bdrm with walk in closet. Spa like bath and full size washer/dryer in laundry rm. Solid maple hardwood flrs throughout with in-floor heating, Air conditioning and gas fireplace. Also included is the largest underground heated titled parking stall in the complex with storage cage in front. This unit is well maintained and pride of ownership prevails throughout. MLS#C4003369

Executive A/C 2 storey townhouse condo in showhome condition. Located in the highly sought after community of Quarry park. 2 bdrms plus a loft and 3 baths. Very bright and open plan. 9ft ceilings on main flrflr. Gourmet kitchen with centre island and breakfast eating area with granite countertops, designer tiled back splash and S/S appliances. Open to large great rm with gas firepl fireplace and eating area. Hardwood flrs flrs thru out main flrflr. Patio dr leading outside to interlocking patio and south facing yard backing onto a walking path. 2pc powder rm. Staircase leading upstairs to large master bedrm with 3pc ensuite with ceramic tile flriflring and huge walk in closet.

Good sized 2nd bdrm and loft area, ideal for den or TV area. 4pc main bath. Laundry area on 2nd flrflr. Bsmt is ready for development. Upgraded Hunter Douglas window treatments. Single attached garage. Close to transportation, amenities and restaurants. MLS#C4002398

sPruCe CliFF

elbow valley west

builD your Dream Home!

Welcome to Valley Ridge Estates, top floor floor unit with over 1041 sq ft located next to the Valley Ridge Golf course. Open concept with 9 ft ceilings, great kitchen layout with lots of cabinets and Quartz countertops, large kitchen island with stainless steel appliances. In Suite laundry with storage. Spacious master bedroom with 3 piece Ensuite with stand up shower and closet.

2nd large bedroom. Titled underground parking and titled storage on the same level. Covered balcony with BBQ gas line. MLS#C3649902

Great Family Home!

$524,900

Well maintained 2 storey close to bird sanctuary. Numerous upgrades.

Formal dining rm with pillars and hardwood flrs. flrs. Large kitchen with white cabinets, island and s/s appliances. Large eat in nook. Kitchen open to great rm with hardwood flrs flrs and 3 sided gas fireplace. fireplace. 2pc powder rm and main flrflr laundry. Second level with massive bonus rm with corner gas fireplace fireplace and vaulted ceiling. Huge master bdrm with 4pc ensuite with make up desk and walk in closet. 2 other good sized bdrms and 4pc main bath. Walkout basement is ready for your development with roughed in bathro. Large private treed backyard.

Double attached garage. Great family home. MLS#C4005257

DISCOVER THE ADVANTAGE

en

n m et.

th

overlookinG GolF Course!

$538,900

ng

g d ps. ut -in pc ,

Executive 2 bdrm plus den apartment condo overlooking Shaganappi Golf Course in showhome condition. Very bright & open plan. Gourmet kitchen with breakfast eating bar & s/s appliances open to large dining area & huge great rm with gas fireplace. Double French drs leading out to covered deck with Golf Course & city views. Main flr den and separate laundry rm. 3pc bath. Large master bdrm with 5pc spa like ensuite with large walk in closet. French dr leading out from master bdrm to another deck with view. 2nd bdrm was converted into a TV rm and easily converted back. 1 underground, titled, heated parking stall and storage locker. Quiet building. Walking distance to LRT, shopping, schools and amenities. Minutes to downtown. Pride of ownership shown throughout. Ideal for professional couple or empty nester. Exceptional value! MLS#C3651739

Fully DeveloPeD basement!

$597,900

branD new lanDmark Home!

$539,900

Brand new Willowdale 2 Landmark home with over 2100 sq ft and walkout bsmt. Front oversized double garage with extra wide driveway. Triple pane windows, high efficiency furnace &tankless hot water. Upgraded maple kitchen with soft close hinges, granite countertops & large island open to great rm with gas fireplace. Walk thru pantry. Hardwood flrs throughout main flr. 2pc powder rm. Upstairs boasts a large bonus rm. Master bdrm with 5pc ensuite with soaker tub, separate shower & walk in closet. 2 additional bdrms & 4pc main bath. 2nd flr laundry rm. Undeveloped walkout bsmt provides lots of natural light awaiting your development. New Home Warranty and Builder`s warranty. MLS#C4003004

PentHouse ConDo!

$619,900

solar PowereD!

$574,900

City views!

$624,900

Cranston

d

m.

12 solar Panels!

$597,500

Executive custom built 2 storey with bonus rm,k 3 bdrms, 3 baths & double attached garage. Energy efficient home with 12 solar panels. Hardwood flrs thru out main flr. 9ft ceilings on main flr. Gourmet kitchen with centre island, breakfast eating bar, granite, designer tiled backsplash & upgraded s/s appliances open to large dining area & huge great rm with gas fireplace. Formal dining rm. 2pc powder rm. Main flr laundry rm with walk thru pantry to kitchen. Staircase leading upstairs to large master bdrm with spacious 4pc ensuite with large soaker tub, over sized shower, granite countertops and 2 walk in closets. 2 other good sized bdrms & 4pc bath. Large bonus rm. Patio drs leading out from eating area to large cedar deck & landscaped west backyard. Basement is ready for development. Navien tankless water, Nu-Air active recovery ventilation system & mechanical has been upgraded. Spray foam insulation, triple pane windows.

Steps from ravine & greenspace. Great family home. MLS#C4004758

Executive penthouse condo in showhome condition with 2 bdrms, den & 2 baths. Over 1600 sqft. 2 titled parking stalls. Vaulted ceilings. Steps from the Talisman, LRT, Elbow river pathways, Stampede grounds & minutes to downtown. Engineered hardwood flrs thru out with ceramic tiles & newer carpet in the bdrm. Bright, sunny kitchen with centre island open to large dining area & 3 sided fireplace separating a huge great rm with air conditioning unit. Large master bdrm with vaulted ceilings with a spacious walk thru closet into a large 4pc ensuite with large soaker tub & oversized shower. Good sized 2nd bdrm with 3pc bath. Large den/office with built in Murphy Bed. Insuite laundry. French dr off the kitchen with leading out to a huge covered west facing deck with city views. 2 titled parking stalls with storage unit. Quiet location. Ideal for the professional couple or empty nester. Car wash & guest parking. MLS#C4003671

stratHCona

Cranston

Landmark Homes Solar Powered Axis 3! 80% to 90% more energy efficient than an average new Alberta home. This home generates enough energy to meet the homes annual electricity needs. It loses less heat with triple pane windows. It has better indoor air quality, the heat recovery ventilator reduces allergens while saving energy by transferring heat from outgoing air to fresh incoming air.

This home also uses less water. Water consumption is lowered with Kohler low flow faucets and shower heads and high efficiency toilets. This 2 storey has 3 bdrms, 3 baths & bonus rm. Bright & open plan. Beautiful kitchen with centre island open to eating area & great rm with gas fireplace.

Spacious bonus rm. Main flr laundry room. Large master bdrm with 4pc ensuite and walk in closet.

2 other good sized bdrms & 4pc bath. 2yr builders warranty and 10yr New Home Warranty. Close to all amenities and easy access. Great family home! MLS#C4003110

Extensively updated 2 storey with finished bsmt in showhome condition. Total of 4 bdrms, main flr den & baths. 4 skylights. Formal living & dining rm. Updated kitchen with centre island with breakfast eating bar with new countertops & new lights open to large eating area & sunken family rm with built ins & fireplace. French dr leading out from eating area to large Duradeck & interlocking patio. Double French drs leads to main flr den. Laundry rm & 2pc powder rm. Recently painted thru out. Large master bdrm with 5pc ensuite with jetted tub, o/s shower & walk in closet. 2 other good sized bdrms. Developed bsmt with rec & games rm, bdrm & 4pc bath. Brand new carpets in living & dining rm, den, family rm & bsmt. The roof was just serviced & stucco was also repaired. Oversized double attached garage. Walking distance to schools & lake. MLS#C3655770

erlton

sunset riDGe

t

et.

2nd hed

mCkenZie lake

saGe Hill

City Views! Great location and walking distance to desirable schools! This 4 level split is in great condition. Formal living and dining rooms. Spacious kitchen with nook area looking over an oversized family room with gas fireplace. Patio doors leading out to deck. 3 bedrooms up with hardwood floors. The master bedroom has full city views, 4 piece ensuite and walk in closet. 3rd level has an additional bedroom. Basement has plenty of room for storage. Double attached garage. Close to all amenities and schools. Easy access to downtown. MLS#C4002667

valley riDGe

branD new!

$649,900

Brand new Landmark Fairfax 2. 2 storey with walkout basement built green. High efficiency furnace, on demand tankless hot water tank and triple pane PVC windows with Low-E emissive coating and argon gas. 3 bdrms, 3 baths and bonus rm. Birch hardwood on main flr. Flex rm ideal for formal dining rm or den. Gourmet kitchen with flat panel drs, centre island and Caesarstone countertops. Large great rm with gas fireplace. 2 piece bath. Upstairs has large bonus rm. Spacious master bdrm with walk in closet and 5 piece ensuite with soaker tub and separate shower. 2 other good size bdrms and 4 piece bath. 2nd flr laundry rm. 2 year builders warranty and 10 year New Home Warranty. MLS#C4003032

es.

d

57

Let Len and Laura and their team put their extensive experience with the Calgary real estate market to work for you.

Volume15 Issue04 | HomeGuide •

27

inthenews

Mortgage costs about to rise for some Canadians B Y LY D I A M C N U T T

I

f you’re planning to buy a home this year with less than 10 per cent down, you can also plan for higher mortgage costs as of June 1, 2015. Canada Mortgage and Housing Corp. (CMHC) and Genworth Canada have announced that they are raising their mortgage insurance premiums by 15 per cent. CMHC increased its target capital requirements in mid-2014.

The move isn’t expected to have a big impact on homebuyers’ pocketbooks or Canada’s housing markets, CMHC says.

The higher premium would amount to an additional $5 per month for the typical borrower with a 95-per-cent loan-to-value ratio on a mortgage of $252,530. However, in Canada’s pricier markets, those monthly mortgage costs will inevitably be higher.

In addition, the looming rise in mortgage costs could also signal a busier-than-

normal spring real estate market, as homebuyers try to beat the clock on the May 31 deadline.

The increase in mortgage insurance premiums reflects concerns that Canadians are overextending their budgets by taking on more home than they can afford, leaving them in a tight spot when interest rates rise or at the slightest economic turn.

Experts advise that homebuyers plan ahead, save their money and put down as much as possible, to avoid taking out a high-ratio mortgage. Homebuyers unable to save up this often hefty amount can still buy a home with a downpayment of less than 20 per cent, but federally regulated lenders require mortgage loan insurance, which covers them in case of payment default. The lender is responsible for the premiums and passes those costs on to the homebuyer in the form of a lump-sum payment, or more commonly, higher monthly payments.

CMHC is Canada’s largest insurer of residential mortgages.

Existing mortgages, high-ratio mortgages with more than a 10-per-cent downpayment, and mortgages on multi-unit properties will not be affected by the premium increase.

95% Loan-to-Value Loan Amount

$150,000

$250,000

$350,000

$450,000

Current Premium

$4,725

$7,875

$11,025

$14,175

New Premium

$5,400

$9,000

$12,600

$16,200

Additional Premium

$675

$1,125

$1,575

$2,025

Monthly Increase

$3.12

$5.20

$7.29

$9.36

Based on a five-year term at 2.79 per cent and a 25-year amortization

28 • HomeGuide | Volume15 Issue04

Assisting Eau Claire Residents and their Families since 1991

www.robertcote.ca 403-249-9500

House of Real Estate • 3rd Generation Calgary Realtor • Licensed Broker • Certified Condominium Specialist

• MLS Million Dollar Club Member • Top Producing Re/Max Realtor • Business and Marketing Certificate

SPECTACUALR VIEWS! - EAU CLAIRE - PRINCETON HALL - $2,495,000

The luxurious Princeton Hall with full time concierge and outstanding amenities including guest suite! SPECTACULAR and STUNNING VIEWS from this PRIME LOCATION condominium home! Full and permanently unobstructed views of the Bow River, Prince’s Island Park and Peace Bridge! Superior design and finishing is evident throughout this 2282 sq ft luxury condo with hardwood floors, granite countertops, stainless steel appliances and quality built-ins. Enjoy the large covered northeast corner terrace with views, 2 double sided gas fireplaces, great room off kitchen with bay window, gourmet style kitchen with 2 ovens/gas range/wine chiller, 2 ensuite baths, huge master with large walk-in & convenient laundry area, built-in speakers, vacuum system, 2 titled stalls, titled storage locker and convenient elevator that opens right into your home! Extraordinary Eau Claire location next to Park, River, Pathways and close to Market, Cinemas, Fine Restaurants, Plus 15 and just a short walk to city center! The ultimate in downtown urban living.

JUST LISTED! EAU CLAIRE – CHATEAU LA CAILLE $859,900

The Luxurious Chateau La Caille. ABSOLUTELY STUNNING UNOBSTRUCTED VIEWS of the Bow River, Peace Bridge and Prince’s Island Park! Enjoy the views from every room with this 1490 sf BRIGHT CORNER UNIT w/many lge windows and beautiful open floor plan. Upgraded home w/hardwood & tile floors, granite countertops, cherry cabinetry, recessed & under mount lighting, electronic Hunter Douglas blinds, 2 zone heating & A/C, Italian marble gas frpl, 2 BALCONIES, 2 Lge bdrms, 2 baths, walk-in closet, 5 pce ensuite w/JETTED TUB, sep laundry room w/storage, rough-in vacuum system, lge tile entrance and UNDERGROUND TITLED PARKING & STORAGE. Exceptional quiet full concrete building w/carwash bay and outstanding security/concierge service.

Extraordinary Eau Claire location next to the Bow River, Prince’s Island Park, Peace Bridge, Pathways and close to market shops, fine restaurants, YMCA, LRT and just a short walk to City Center!

COMPLETELY RENOVATED! EAU CLAIRE ESTATES - $688,000

PRICED REDUCED $41,000! EXCEPTIONAL VALUE!! The prestigious Eau Claire Estates. 1814 sq ft, 2 bdrms, 2 baths COMPLETELY RENOVATED with hardwood & tile floors throughout, granite countertops, stainless steel appliances, stylish custom cabinetry and elegantly renovated bathrooms. BRIGHT SOUTHWEST CORNER LOCATION with many large windows, spacious open floor plan, generous living/dining area that’s perfect for entertaining and a huge entrance way to greet guests. Enjoy the private master retreat with walk-in closet and ensuite bath, large guest bedroom with courtyard views next to 2nd bathroom, sep laundry room with storage and 2 choice SXS titled parking stalls close to elevator! The Eau Claire location is extraordinary next to the Bow River, Princes Island Park, YMCA, Market Shops, Walking/Bike pathways, Cinemas, Fine Restaurants and Indoor Plus 15 Network. Absolutely incredible amenities and secure 2 man 24 hr security/concierge.

IMMACULATE CONDITON! EAU CLAIRE - CHATEAU LACAILLE - $524,900

The Chateau LaCaille. An elegantly designed building with beautiful grand lobby, security/concierge service and underground carwash bay. Extremely quiet location along the Bow River in West Eau Claire. Bright south facing home with great 1153 sf floor plan, open kitchen with eating area, south facing balcony with view, gas fireplace, spacious living room, large tile entrance, separate laundry room, large full bathroom with jetted tub & shower stall, large master bedroom with walk-in closet/access to bathroom and enjoy the den/flex room off living area. ABSOLUTELY IMMACULATE home with underground titled parking and storage locker. Extraordinary Eau Claire location next to Bow River, Pathways, Peace Bridge, Prince’s Island Park and close to Market Shops, Cinemas, YMCA, Great Restaurants, LRT and just a short walk to City Center!

To View These Properties go to

www.robertcote.ca

zone

COMMUNITIES & MLS NUMBERS

DEERFOOT TR STONEY TR

Monterey Park

16 AV Abbeydale

Applewood

PRO LINK MORTGAGE

Need a mortgage?

Call (403) 863-1293 Today! email: loriames@gmail.com My experience and service will work for you.

30 • HomeGuide | Volume15 Issue04

Abbeydale....................................664 Albert Park...................................730 Applewood ..................................768 Calgary International Airport ....624 Castleridge ..................................676 Castleridge Estates .....................678 Coral Springs ..............................688 Deerfoot/Skyline Ind Park ..........615 Dover ...........................................738 Dover Glen ..................................736 Eastfield .......................................748 Erin Woods ..................................740 Falconridge ..................................680 Fonda ...........................................726 Forest Heights .............................762 Forest Lawn.................................764 Franklin/Meridian Ind Park........630 Horizon Industrial Park ..............640 Jacksonport..................................690 Marlborough ...............................660 Marlborough Park .......................662 Martindale ...................................682

Mayland Heights ........................600 Mayland Heights East ................604 McCall/Airways Ind Park ...........610 Monterey Park .............................670 Penbrooke....................................766 Pineridge .....................................668 Radisson Heights ........................728 Red Carpet/Mountview Mhp.....770 Rundle .........................................666 Saddle Ridge ...............................645 Southview....................................732 Saddle Ridge Ind ........................625 Stoney Industrial/Westwinds .....625 Skyview Ranch ...........................692 Stone Gate Landing ...................691 Sunridge Industrial Park ............635 Taradale .......................................684 Temple .........................................674 Valleyfield ....................................744 Vista Heights ...............................605 West Dover ..................................734 Whitehorn ...................................672

Woodbine $499,000 • Quality 3 Bedroom, 2 Bath Bungalow On A Quiet Crescent, A Short Walk From Fish Creek Park.

• Excellent Floor Plan With A Roomy Entry, Private Den, Family Room Adjacent To The Kitchen & A Bedroom Wing.

• Some Of The Many Upgrades Include: Hardwood Flooring, Granite Counters, Complete Lighting Package, Fence & Cedar Deck!

sunalta

boWen island • 2 Stunning Waterfront Lots Available, Never Before Offered For Sale!

• 8.9 Acres With 620 Feet Of Waterfront Offered At $1,500,000.

• 8 Acres With 400 Feet Of Waterfront Offered At $1,600,000.

• Spectacular Summer Sunsets & Easy Access To The Waterfront.

Gary Williams M at t

SolD Call NoW For a Free eValUatIoN oF yoUr CalGary ProPerty

SolD

403

259.4141

• Completely Renovated Bungalow On A Quiet Tree Lined Street.

• Kitchen Finished With Granite, Stainless Steel Appliances, & Custom Cabinets.

• Landscaped & Fenced Yard With Private Back Deck.

• 2010 Updates Include: Electrical, Plumbing, Insulation & Windows.

• Steps From Downtown, Sunalta LRT & Inner City Amenities.

SolD

loWer mount royal

mcKenzie laKe

• This 800 Sq Ft Condo Is One Of The Biggest 1 Bedroom Units In The Building!

• Featuring Maple Hardwood Floors & Kitchen Cabinetry, Granite Counters & Stainless Steel Appliances!

• Designed For Entertaining & Efficient Living, This Condo Has a Wonderful Layout, Soaring Ceilings, Gas Fireplace & Patio With Direct Access To The Unit!

• Sought After 3 Bedroom 1,392 Sq Ft 2 Storey Home Featuring A Bright Open & Spacious Layout.

• Excellent Location Only One House Away From The Mt Apex Green Park & Playground.

• Don’t Miss The Lovely Curb Appeal & Sunny West Backyard With Deck, Play Set & Storage Shed!

SolD

altadore

north Glenmore

• Charming & Renovated Character Home With West Backyard.

• Stunning Kitchen With Custom Cherry Wood Cabinets, Concrete Counters & Stainless Steel Appliances.

• Vintage Details Include Fir Floors & Trim + Faux Fireplace With Pine Mantle.

• Low Maintenance & Landscaped Property + Double Detached Garage.

• Completely Renovated 3 + 1 Bedroom Bungalow With 1,775 Sq. Ft. Of Developed Living Space In Sought After North Glenmore.

• Fully Finished Basement With Bedroom, Bath & Family Room.

• Sunny & South Facing Backyard With Spacious Covered Deck & Oversized & Heated Double Detached Garage.

• Updated Mechanical, Including Furnace (2008), Humidifier (2012) & Hot Water Tank (2014).

SolD

Ken Yeoh

FREE Quick OnLine Home Evaluation

403.803.8981

www. mapleleafrealty .ca

CalGaryProPertyForSale.Ca

scarboro $1,485,000 • Attractive 2 Storey Home On A Magnificent Corner Lot In Sought After Scarboro.

• Central Hall Plan With Spacious Living Room, Formal Dining Room, & Renovated Kitchen.

• Upper Level Finished With Master Suite + 2 Additional Bright & Good Sized Bedrooms.

• · Upscale Inner City Living At Its Finest!

Broker/Owner

OLD

S

$

619,900

GLENBROOK

NEW LISTING

• • • • • • • •

Immaculate 2 storey executive home More than $25K of upgrades Total of 5 BRs & 3.5 baths, 2-car garage SS appliances, new carpets & paint Gleaming hardwood floors & 9ft ceilings on main Sunny backyard, fully fenced & landscaped Easy access to MRU & Glenmore Park Available for quick possession

D

SOL

$

419,900

WHITEHORN • • • • • • • •

Fully renovated 4-level split Quiet street & corner lot 5 BRs, 3 baths & 2 kitchens New kitchen cabinets & windows Newer shingles, appliances Hardwood floors through out Master with 4-pc ensuite bathroom Walk to Whitehorn station, hospital & Safeway

COVENTRY HILLS

410,000

• • • • • • • •

$

• Inner city estate quality home

by Albi • 3180sf of luxurious living space & fully air conditioned • 4 BRs, den/office & 3.5 baths • Huge living room, dining room, family room, media room & rec room • Dream kitchen w/9.5 ft island brushed cambrian granite counter tops • High end SS appliances including 2 Thermodor wall ovens, gas stove • Imported hardwood floors, 33 pot lights, Hunter Douglas honeycomb blinds • Nicely landscaped & wrought iron fence in front west facing yard • Heated 2-car garage

MONTHLY STATISTICS

$

898,500

GARRISON GREEN

Sterling built split level Located on quiet cul-de-sac 3 bedrooms & 3 baths High ceilings in living room Kitchen with raised breakfast bar Walk out basement has rec room, laundry & bath Large west facing backyard Close to schools & all amenities

City of Calgary Feb-14

Feb-15

% change

Mar-14

Mar-15

% change

Total Sales

1,850

1,217

-34.22%

2,481

1,747

-29.58%

New Listings

2,711

2,945

8.63%

3,319

3,136

-5.51%

Active Listings

2,641

5.474

107.27%

3,033

5,693

87.70%

Median

424,900

420,000

-1.15%

430,000

420,000

-7.33%

Average Price

482,783

462,257

-4.25%

484,877

475,284

-1.98%

Days on Market

30

35

16.67%

28

39

39.29%

Benchmark Price

437,600

454,300

3.82%

N/A

N/A

N/A

Note: Calgary Metro only; includes zone A, B, C & D

Volume15 Issue04 HomeGuide •

31

TRANS CANADA HI Crestmont

zone

SARCEE TR

COMMUNITIES & MLS NUMBERS

Upper Scarboro

West End

Erlton Mission

GLENMORE TR

Roxboro Parkhill / Stanley Park

Garrison Green

Altadore/River Park ....................019 Aspen Woods .............................073 Bankview .....................................015 Bayview .......................................129 Bel Aire ........................................110 Braeside .......................................135 Bridlewood ..................................161 Britannia ......................................105 Canyon Meadows .......................125 Canyon Meadows Estates ..........127 Cedarbrae ....................................145 Cfb Currie ....................................020 Chinook Park ..............................117 Christie Park ...............................052 Cliff Bungalow ............................004 Coach Hill ...................................049 Connaught ..................................003 Cougar Ridge ..............................071 Crestmont ...................................081 Discovery Ridge ..........................070 Downtown ..................................001 East Village ..................................006 West End .....................................012 Eagle Ridge .................................119 Eau Claire ....................................002 Elbow Park...................................005 Elboya ..........................................103 Erlton ...........................................101 Evergreen ....................................157 Evergreen Estate .........................151 Garrison Green ...........................024 Garrison Woods ..........................018 Glamorgan ..................................045 Glenbrook ...................................043

PRO LINK MORTGAGE Mortgage SpecialiSt email: loriames@gmail.com

Need a mortgage?

Call (403) 863-1293 Today!

32 • HomeGuide | Volume15 Issue04

Glendale ......................................041 Haysboro .....................................121 Kelvin Grove ...............................115 Killarney ......................................027 Kingsland ....................................113 Lakeview .....................................031 Lakeview Village .........................033 Lincoln Park ................................021 Lower Mount Royal ....................010 Mayfair.........................................111 Meadowlark Park ........................109 Millrise .........................................153 Mission ........................................014 Mount Royal................................007 North Glenmore Park .................022 Oakridge......................................143 Oakridge Estates ........................141 Palliser..........................................133 Park Hill/Stanley Park .................104 Patterson ......................................047 Pump Hill ....................................131 Richmond ....................................029 Richmond Hill.............................057 Rideau Park .................................102 Rosscarrock .................................037 Roxboro .......................................100 Rutland Park ................................028 Scarboro ......................................011 Shaganappi .................................025 Shawnee Slopes ..........................151 Shawnessy ...................................155 Signal Hill....................................053 Signature Parke ...........................055 Silverado ......................................165 Somerset......................................159 South Calgary .............................017 Southwood ..................................123 Springbank Hill...........................065 Spruce Cliff..................................023 Strathcona Park ...........................051 Sunalta.........................................009 The Slopes ...................................067 Upper Scarboro ...........................013 Victoria Park ................................008 West Springs ...............................075 Westgate ......................................039 Wildwood . ..................................035 Windsor Park ...............................107 Woodbine ....................................147 Woodlands...................................139

Meadowlark Park

Kingsland

MACLEOD TR

SPRUCE MEADOWS TR

makeyourmove

A cleaner and Greener move B Y C H U C K R E S N I C K , v i c e - p r e s i d e n t , Tw o M e n a n d a Tr u c k – C a n a d a

P

rotecting the environment is an important concern for consumers and businesses alike, but many don’t realize that moving can have a positive impact on the environment.

Waste caused by the moving process not only stems from packing supplies, but also from the waste accumulated over many years within a home. Both sources can be taxing on the environment if not properly managed. Here are some suggestions to make your move a cleaner, Greener process.

#1 – PLAN AHEAD: Waiting until the last minute to prepare for a move often

makes environmental concerns an afterthought. Start early so you have the extra time to sort through recyclable, reusable or donatable items, rather than see them end up in a land fill site.

#2 – RESEARCH: Survey local recycling options to find the most convenient

solution for recyclables. Many cities offer curb-side pick-up or “sort and drop” depots. Check with your municipality for details. #3 – ORGANIZE: Sort your recyclables by category: plastic, glass, aluminum, paper, cardboard, etc. Look up the requirements of the local recycler to see if there are additional steps needed to prepare recyclables beforehand.

#4 – HAZARDOUS MATERIAL: Toxic items like paint, batteries, cleaning products, automobile oils, pesticides and fertilizers are dangerous and cannot be transported in the back of a commercial moving truck. Also consider these items cannot be thrownout with your regular garbage. Look up the specialized recycling depots for toxic products. #5 – REUSE: Do not throw away used

boxes when the move is complete. A well-made corrugated box is great for storage or may be reused for a future move. Contact local schools or charity organizations, such as women’s shelters, scout troops, and food banks to ask if they need boxes to redistribute donated items.

Don Lothian

LANDAN REAL ESTATE

Need more great listings to SELL! lothiandon@gmail.com www.calgaryrealestate.org $509,900

4 BEDROOMS UP

MCKENZIE LAKE

Super family home in even better family Lake Community! Four spacious bedrooms up and 5th down with 2 piece ensuite. Well Maintained and beautifully presented. Upgraded bathrooms up.

Quality wood laminate and tile floors. Central air, super private back yard. Jetted tub in spacious master ensuite bathroom.

Spacious raised oak kitchen. Flexible dog run. Storage shed. Builtins around wood burning fireplace with gas light. RV parking.

102, 279 Midpark Way SE Calgary AB, T2X 1M2 $588,888

$574,888

AMAZING HOME IN MOUNTAIN PARK

MT DOUGLAS BEAUTY

Beautifully Presented, upgraded, immaculate and fully developed home on large lot quietly located across from community park! Very efficient floor plan featuring a main floor den, spacious, inviting, sunny foyer, 3 spacious bedrooms up with amazing ensuite off master.

Upgrades include gleaming hardwood, granite counters with sandstone edging, appliances, plumbing and lighting package. Superior lower development! Tremendous back yard, beautifully landscaped, with sunny sitting areas to choose from or shade if you want it.

Direct access to miles of Fish Creek pathways just across the street. Lake Privileges!

Gorgeous Home with lots of gleaming hardwood, granite counters, upgraded appliances. oversized garage with unique, round about drive. Beautiful bright bonus room. Developed down including new carpet and ensuite off the guest bedroom. One block to middle school one way and one block to the Bow River pathways the other way. Fresh paint and exterior trim and siding. Sunny south and west exposure.

For more information on current listings - or to chat directly anytime, please call Don at 403.256.3888 or 403.540.1813

BASED ON CALGARY MARKET SHARE

Volume15 Issue04 HomeGuide •

33

zone

COMMUNITIES & MLS NUMBERS

Acadia ................................................215 Auburn Bay .......................................365 Chaparral ...........................................280 Chaparral Valley ................................285 Copperfield .......................................355 Cranston ............................................360 Deer Ridge ........................................265 Deer River Estates.............................272 Deer Run ...........................................270 Diamond Cove ..................................252 Douglas Glen ....................................320 Douglas Ridge ...................................330 Douglasdale Estates .........................325 Fairview .............................................210 Foothills Industrial Park ...................340 Highfield............................................205 Inglewood .........................................200 Lake Bonavista ..................................235 Lake Bonavista Downs .....................245 Lake Bonavista Estates .....................240 Legacy ................................................295 Lynnwood Ridge ...............................300 Mahogany .........................................375 Manchester........................................207 Maple Ridge ......................................230 Mckenzie Lake ..................................335 Mckenzie Towne ...............................345 Midnapore .........................................255 New Brighton....................................350 Ogden/Lynnwood.............................305 Parkland .............................................260 Quarry Park .......................................315 Queensland .......................................250 Ramsay ..............................................202 Riverbend ..........................................310 Seton ..................................................370 Sundance ...........................................275 Walden ...............................................290 Willow Park .......................................220 Willow Park Estates ..........................225

MARQUIS OF LORNE TR

MACLEOD TR

DEERFOOT TR

PRO LINK MORTGAGE Five Year Fixed Rate

2.69%

Need a mortgage?

email: loriames@gmail.com

Call (403) 863-1293 Today!

My experience and service will work for you.

34 • HomeGuide | Volume15 Issue04

Gleniffer Lake • Gull Lake • Sylvan Lake • Invermere/Columbia Valley • Okanagan Region • Vancouver Island

BRITISH COLUMBIA & ALBERTA

REAL PROPERTIES APRIL - MAY 2015

LEVEL ENTRY RANCHER WITH

$599,900 - 614 Parkway

PLUS a 2-bedrm In-law and many extras in q High quality finishing, open floor plan-c landscaped lot, 2 decks & patio, skylights, plu

recreationproperty

Call Nancy Direct

(250

Nancy Vieira

Keeping your summer home

S

safe and sound

ummer’s right around the corner and many of us will soon be travelling to idyllic locales to escape the frantic pace of city life. But is your slice of paradise properly protected?

“At this time of year we want to get away and relax, and not have to worry about things like insurance,” says Ryan Michel, the vice-president and chief risk officer for Allstate Insurance Company of Canada. “But you also want to be sure that your [recreational property] is properly protected in the case of unexpected events.”

With that in mind, Allstate Canada answers three of the most common questions asked as we get ready to enjoy our vacation homes:

Q: If I want to rent my cottage out for a month, do I need special coverage for that?

A: Yes. There are different risks associated with renting out your property compared to living there. Your insurer knows you, but not your renters, and as such, a different policy may be required.

Before you rent, talk to your insurance agent so you don’t jeopardize your coverage.

Q: Do I need to have a separate insurance policy for my boat?

A: This depends on a few things. Typically, there is some coverage for small boats (up to a certain limit) under your 36 • HomeGuide | Volume15 Issue04

seasonal home policy with restrictions based on size, value and horsepower. It’s best to sit down with your insurance provider to discuss the details of the kind of boat you have and the kind of coverage needed. In many cases, it is a good idea to get a separate policy for your boat.

Q: My kids – all in their early 20s – are planning a weekend party at the cottage with friends. They’re going to be camping out, using our boats and all the facilities. Does my regular insurance cover this?

A: The use of your property is covered in this case, but every policy has limitations and you should make sure your children are fully aware of what is and isn’t covered.

Of equal importance is their safety. If you own a boat, anyone driving it must have a proper boating license.

You should also take the time to talk to your children about alcohol and impress upon them the importance of never operating a boat, or any other vehicle, while under the influence.

Your insurance provider should also have safety tips to pass along to you – including information about campfire safety and other advice to ensure they enjoy their time at your summer home.

If you have additional questions send them to AskAllstate@allstate.ca, or visit online at allstate.ca. NC

Victo

Virtu

CHER WITH WALK-IN BASEMENT

PRICELESS TREASURE OFFERED!

- 614 Parkway Place, Colwood

$349,900 - 7230 Sea Cliff, East Sooke

many extras in quiet and picturesque surroundings. n floor plan-car garage plus ample driveway, tio, skylights, plus so much more.

Nancy Vieira

(250)514-4750

Call Nancy Direct (250) 514-4750

Victoria 250.384.8124 • West Shore 250.478.9141 • Sooke 250.642.3240 • Cobble Hill 250.743.3838

Virtual tours at www.nancyvieira.com • info@nancyvieira.com • Toll Free1.800.665.5303

for Victoria & Southern Vancouver Island

PORT RENFREW

$249,900, 7 bed 3 bath includes 2 bedroom suite Short stroll to Oceanside

$299,900 3 bed 2 bath plus shop, sunroom out front, fully fenced, short stroll to beach.

$229,900 0.39 Acre building lot, stunning ocean views, Vacant building lot. Nice Area!

UCLUELET

PORT RENFREW SANNICH WEST

$219,900 2 bed 2 baths. Private view deck to enjoy the sunshine. Underground heated parking, Elevator, storage, 1,496 Sq.Ft of living space!

$159,000. 1 Bed 1bath wheel chair friendly condo on oceanfront!

Monthly fee $268 rentals allowed.

$162,000. 1 bed 1 bath, over 1 acre in a prime location, Short walk to beach.

$230,000. 1 bed, 1 bath. corner unit, walk in closet, great walking area

SOOKE

SOOKE PORT RENFREW

$189,000 1.01 acres Gorgeous building lot next door to Fantastic French Beach Park on this South Island’s Wild West Side. Sandy beach just a 5 minute walk away. Drive out, walk up the path, breath in the sea air and buy this special place!!

CENTRAL SAANICH

$155,000 Mobile! Duplex! Or Build Your Own Single Family Home! Vacant Lot. zoning allows duplex, home, mobile. no restrictions!

DUNCAN

$80,000. Mobile Home in Park.

2 Bed 2 bath fully fenced 2 sheds RV parking pad rent 475

FRENCH BEACH

SOOKE

SOOKE

ISLAND LIVING AT its BEST! Make this the best move of your life!

$329,900 Fully Fenced 1 acre with home and double garage with separate studio! Walk to French Beach !

Great for families; school bus area. French Beach!

$349,900 5 beds 4 bath, open concept living on several levels, large half strata duplex, over 2700 sqft of space.

$699,900 Riverfront 2,174 sq.ft.

Log Home with Cottages/ Shop 6.89 Acres

$430,000 Open Concept Living with Loft, Monthly Fee $265, 3 Bed 3 Bath, Master Bedroom on Main

SOOKE

FRENCH BEACH SOOKE

$524,900. West coast home 5 beds 3 baths. Private 1 acre backing onto french beach park!

$1,100,000. Dream acreage with 1500 FT. of oceanfront.

11 Acres

$549,900 Waterfalls and Pools on 5.96 Riverfront Acres. Home plus Cottage and studio.

COBBLE HILL

$600,000. 1800 Feet of rugged west coast oceanfront. 7.42 Acres surrounded on all sides by parklands.

$499,900. 3 bed, 1/2 acre Sunriver, private lot, endless storage and space inside and out.

PORT RENFREW

$449,900 3 bed 2 bath. Stunning valley and mountain views on corner lot backing onto greenbelt; extensive walking trails and distinctive architecture

$429,900. 5 bed, 4 bath, private master suite, full length deck, custom built home

COLWOOD

SOOKE $380,000, Two Cottages and RV on Site with hydro, well water. 10 Oceanview with Mountain Views.

SOOKE

$364,900. 3 bed/3 bath. Upper Legal Half Duplex. Ocean & Mtn Views. Engineered floors. Custom fireplace.

Sundeck. Private backyard. Top two floors. Only 1 left!

PORT RENFREW

SOOKE

NO FEES

SOOKE

ira

PORT RENFREW

ct

Tranquil views of Whiffen Spit & Sooke Harbour from this .26 ACRE sunny south oceanfront lot. The Silver Spray Development has wonderful plans which will only increase your investment. City water & hydro at lot. Southern tip of Vancouver Island.

$1,600,000 11 bed 9 bath, custom build with great attention to detail utilizing materials from actual property.

Virtual tours at www.nancyvieira.com • info@nancyvieira.com •Toll Free 1.800.665.5303 Victoria 250.384.8124 • West Shore 250.478.9141 • Sooke 250.642.3240 • Mill Bay 250.733.0770

1

expertadvice

GREAT SPRING CLEANING TIPS FROM

MOLLY MAID

1

Limit spring cleaning products to a quality window/glass cleaner, all-purpose cleaner, tile/grout cleaner and a toilet bowl cleaner.

In each room, clean from the top to bottom starting on the left and moving right.

This really is the quickest and most efficient way to thoroughly spring clean your home.

3 5

DISH CLOTHS AND SPONGES CAN BE INCUBATORS FOR GERMS.

ALWAYS DUST THE ROOM FIRST, AND THEN VACUUM. That way any bits of dust or dirt that fall to the floor as you’re dusting will be picked up by the vacuum cleaner.

MICROFIBRE CLOTH.

4

To dampen, hold the cloth by a corner and lightly mist with clean water from a spray bottle.

The cloth should be just damp enough to pick up dust without leaving moisture streaks on the furniture surface.

IF THERE’S PET HAIR ON UPHOLSTERY...

a damp microfibre cloth or rubber glove will easily remove it.

BEFORE DAMP MOPPING...

inside the microwave, fill a cup with water and microwave on high for a few minutes. The steam will loosen any baked on food so you can easily wipe it clean. Before wiping the microwave, remember to be extra careful when removing the cup of water as it will be hot.

8

2

ALWAYS USE THE MOLLY MAID SYSTEM OF SPRING CLEANING.

THE BEST DUST CLOTH IS A DAMP, CLEAN,

7

TO SOFTEN SPLATTERS...

SIMPLIFY YOUR CLEANING PRODUCTS.

6

sweep or vacuum floors first to collect crumbs and dirt.

Then, always start washing the floor in the farthest corner of the room and work your way toward the door. Use a damp cloth on the end of a mop handle to reach the narrow space between appliances. This will also help to get rid of cobwebs.

Wash dish cloths regularly, and microwave damp sponges on high for several minutes to kill bacteria.

Even better, toss the sponge and stick to microfibre cloths, which dry quickly when hung up and help prevent the spread of germs.

USE A TOOTHBRUSH... for hard-to-reach areas in the bathroom and kitchen (for example, around the soap holder, taps and drain).

10

9

STREAKS ON WINDOWS ARE TRICKY TO ELIMINATE.

When spring cleaning windows, wipe the interior side of the glass horizontally and the exterior side vertically. This way, it will be easy to determine if the streaks are on the inside or outside.

ARE THERE

COBWEBS...

11

in hard-to-reach corners and crevices? Get rid of them quickly and easily with a feather duster, which can reach into difficult places to dislodge cobwebs and dust. Another tip: use the feather duster on lamp shades, which can look a bit grey and dust-ridden in the brighter light of spring.

HERE’S A SIMPLE WAY TO

DE-SCALE

THE

KETTLE:

12

Fill the kettle half-and-half with white vinegar and water and leave it to soak overnight. Using an old toothbrush, dislodge any stubborn bits of lime scale. Rinse out thoroughly a couple of times and then boil some water to eliminate any odour of vinegar.

If all of these spring cleaning ideas sound a bit daunting, contact Molly Maid, the spring cleaning experts at mollymaid.ca

1 FR 0-Y EE ea G rs O LF

s p ar Sli Ye t 5- Boa EE FR

Alberta’s Most Unique Residential Resort Community It`s All Here The only thing missing is YOU lifesbetter@whisperingpines.ab.ca

1-877-465-3991

www.whisperingpines.ab.ca

KICK OFF TO SPRING SALE - ON NOW

out of town

regional map

27 766

22

Didsbury

2A 562

2 Carstairs

Cremona

806

581

Carbon

575

Crossfield

72

766 772 567

Airdrie

9

Irricana

567

Dalroy

791

1

Chestermere

CALGARY

68

22

Lyalta Strathmore

569

Shepard 791

22X

Standard Hussar 1

Blackie

542

Milo 842

540 534

Vulcan 531

Nanton 2

533

527

520

40 • HomeGuide | Volume15 Issue03

23 24

Cayley 22

Bassano

842

High River

541

Cluny

547

2A

Longview

547

Arrowwood

7

543

Gleichen

Mossleigh

797

549

Okotoks

817

Carseland

552 549

561

22X

Dalemead DeWinton

Black Diamond Turner Valley

564

564

Langdon

8 Bragg Creek

56

842

Keoma

566

Delacourt

Bearspaw

840

Rockyford

Katherine

Balzac

Cochrane

1A

21

Beieker

574

22

Acme

Champion

529

Stavely Caramangay

Claresholm

520

aroundthehouse

Home staging HIGHLIGHTS B Y L AU R A L E

S

pring is here – an opportunity for new beginnings and growth as far as the weather goes. On the opposite side of spring optimism is the questionable economy with the price of oil fluctuating – and along with it, the job market. I am trying very hard to remain optimistic and think of the glass as being half full.

From my perspective as a business owner and a stager in this uncertain economy, it is very busy. Homeowners and real estate agents realize it is more important than ever to ensure that every property look its very best in this competitive market. Home values have dipped slightly, but in my humble opinion, it is not a bad thing to happen in Alberta – otherwise, the price of housing becomes unattainable, especially to first-time buyers.

Homeowners and real estate agents realize it is more important than ever that every property looks its very best in this competitive market

Volume15 Issue04 HomeGuide •

41

Every property has redeeming qualities and it is our job as professional stagers to highlight them

I recently staged a very unique property that is on the top floor of a four floor walk-up – no elevator. One of the movers counted 58 steps both up and then down.

This condo occupies the entire fourth floor of the building, and really is quite large. The seller had the property on (and off) the market for four years without a sale. The lack of elevator is definitely a drawback and limits the potential buyers who are willing to climb those stairs a few times a day. The owner of the property had a very specific design style and not at all neutral. However, she was motivated and agreed to paint the entire space, remove her furniture from the living room and dining room, and allow me free reign to stage it in a more genderneutral manner. She even had a light fixture moved because I thought the dining room needed to be relocated to make better use of the space. She is an amazing client and her property sold in the first month in what many are calling a tough economy.

Many sellers are afraid of home stagers. They think we are going to enter the house with judgement and demand that everything be removed. I can only speak for myself, but that is not how I function as a professional stager. Not all sellers are in the position to approach the sale of their home the way the previously mentioned seller was. In fact, most are not. Stagers should be knowledgeable and flexible enough to work with whatever the homeowner has, although sometimes this is a daunting challenge.

The goal of a stager is to make each room look as good as possible by moving (and sometimes removing) furniture, artwork and décor to enhance each space. It is not necessarily about what it is, but where it is. If the

furniture is placed in the appropriate position, it will work.

Sometimes it is necessary to add layers through artwork, cushions and throws, décor and perhaps an area carpet. These final touches can make a huge difference with the final look, especially for the photographs posted in online listings. They add a feeling of luxury and encourage potential buyers to linger, maybe sit on the sofa, and imagine themselves living in the property.

The ultimate goal when selling any property is allowing the potential buyers to see the feature of the space, whether they are architectural or of the view outside. Every property has redeeming qualities and it is our job as professional stagers to highlight them.

LAURA LE Creative Enhancement Inc. Laura Le has owned Creative Enhancement for 11 years. Laura completed courses with Accredited Staging Professionals (ASP), Canadian Staging Professionals (CSP) and Canadian ReDesign Association (CRDA). Creative Enhancement has been a member of the BBB since 2005. Call 403.807.8591 or email laurale@shaw.ca and visit creativeenhancement.ca

Volume15 Issue04 HomeGuide •

43

featureproperty

Exceptional McKenzie Lake home presents stunning views and features B Y H E AT H E R R YA N

N

estled on the ridge in McKenzie Lake and backing on to Fish Creek Park, buyers will adore the stunning views of the mountains, river and city skyline offered by this exceptional executive home in southeast Calgary.

“This is a fabulous home that gives you the best of both worlds – you’re on the ridge so you have amazing views and you have lake privileges so you can enjoy the water and activities that come with living in a lake community,” says Ray Riley, a luxury home realtor with Royal LePage Foothills.

“It’s a tremendous location and a great opportunity you won’t want to pass up.

“The home is unique because it has the feel of a bungalow with a large master bedroom and ensuite on the main floor, 44 • HomeGuide | Volume15 Issue04

yet there is additional developed space upstairs and down,” he says. “It presents a very versatile design with high-end features and finishes throughout, and it’s perfect for a family of any age or empty-nesters.”

This thoughtfully designed two-storey offers 4,358 sq. ft. of total living space including a fully developed lower level walkout and showcases an open-concept floor plan with vaulted ceilings, decorative arches, richly toned tigerwood hardwood floors, oversized windows, custom built-ins and skylights.

Stepping inside this amazing home, you’ll be greeted by an eye-catching vaulted ceiling that extends from the front foyer to the rear of the home, creating a sense of grandeur and giving the home a bright, open feel.

“It presents a very versatile design with high-end features and finishes throughout, and it’s perfect for a family of any age or empty-nesters.”

At the heart of the home is the chef ’s kitchen, which serves up an expansive island below a skylight in the vaulted ceiling, granite countertops, stainless steel appliances including a six-burner gas stove, built-in wall oven and microwave, full-height tile backsplash and a walk-in pantry.

Adjacent to the kitchen, the dining nook has double glass doors that open to the upper deck, while the Great Room is defined by its own vaulted ceiling and features two tiers of windows and a custom built-in cabinet beside a contemporary gas fireplace that is surrounded in black granite.

The main-floor master bedroom is ideal for empty-nesters, downsizers or parents seeking their own private retreat, and is highlighted by a vaulted ceiling and a spa-like, luxurious ensuite featuring a heated tile floor, jetted tub, separate shower and walk-in closet.

An arched opening flanked by decorative columns helps set the tone for the elegant, formal dining room, and there is also a den and laundry room on the main floor.

Upstairs are two bedrooms that share a Jack ‘n’ Jill bathroom, and an expansive flex room that can be used as a sitting room, play room, family room or a home theatre, featuring four skylights in the angled ceiling.

The lower level offers additional developed living space presenting a large recreation room with gas fireplace, built-in cabinets, a wet bar and space for exercise equipment, a six-person sauna and two more bedrooms with three-piece ensuite. You can also walk out to a large lower patio and enjoy the fully fenced landscaped back yard with beautiful gardens.

The home also comes with a double attached garage with 220 amp wiring, air conditioning, an alarm/security system, vacuum system and an underground sprinkler system, while the exterior features stone tile and stucco for outstanding curb appeal.

For more information on this outstanding home at 85 Mount Alberta View S.E., contact Ray Riley, Royal LePage Foothills, 403.270.7601 or visit rayriley.com.

Volume15 Issue04 HomeGuide •

45

homebuyers’help

CALCULATE YOUR MORTGAGE PAYMENTS MORTGAGE PAYMENT CALCULATION CHART

CALCULATE YOUR MORTGAGE PAYMENTS MONTHLY PRE-TAX INCOME

DIVIDE BY 3

CHART FIGURE

AMORTIZATION AMOUNT

SPOUSE’S PRE-TAX INCOME

AFFORDABLE MONTHLY PAYMENTS DIVIDED BY 12

AMOUNT OF MORTGAGE DIVIDED BY 1,000

ESTIMATED MONTHLY TAXES & HEAT

TOTAL PRE-TAX INCOME

MORTGAGE AMOUNT (PRICE – DOWN PAYMENT)

AMORTIZATION AMOUNT

MONTHLY PAYMENTS

INTEREST RATES %

AMORTIZATION PERIODS 5 YRS

10 YRS

15 YRS

20 YRS

25 YRS

3.00

17.96

9.65

6.91

5.54

4.73

3.25

18.07

9.76

7.02

5.66

4.86

3.50

18.18

9.88

7.14

5.79

4.99

3.75

18.29

9.99

7.26

5.91

5.13

4.00

18.40

10.41

7.38

6.04

5.26

4.25

18.51

10.23

7.50

6.17

5.40

4.50

18.62

10.34

7.63

6.30

5.53

4.75

18.72

10.46

7.75

6.44

5.67

5.00

18.85

10.59

7.89

6.58

5.82

5.25

18.97

10.71

8.01

6.71

5.96

5.50

19.08

10.83

8.14

6.85

6.11

5.75

19.19

10.95

8.27

6.99

6.26

6.00

19.30

11.07

8.40

7.13

6.40

6.25

19.42

11.19

8.54

7.27

6.55

6.50

19.53

11.32

8.67

7.41

6.70

6.75

19.64

11.44

8.80

7.55

6.86

FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFY FOR A MORTGAGE ON YOUR DREAM HOME

01

05

Calculate the combined monthly before-tax income of you and your spouse.

Multiply this figure by the amount you need to borrow.

Divide by 1,000.

02

06

Divide by three. This figure is the monthly payment you can afford to make on your home.

Add to this your estimated monthly heating costs and monthly property taxes.

03

07

Take the total price of the home and subtract the amount of money you expect to make as a down payment.

This is the money you will have to borrow.

04

Refer to the chart above. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

46 • HomeGuide | Volume15 Issue04

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.

This is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

homebuyers’help

MORTGAGE INTEREST RATES VARIABLE

6 month

1 year

2 years

3 years

4 years

5 years

ATB Financial

2.350

4.000

2.940

2.640

2.640

2.740

2.840

Alterna Bank

2.450

4.000

2.980

2.980

2.980

2.940

2.780

Alterna Savings

2.450

4.000

2.980

2.980

2.980

2.940

2.780

Bank of Montreal (BMO)

2.850

4.000

2.890

2.840

3.390

3.890

4.740

Bank of Nova Scotia

2.850

4.550

3.290

3.090

3.390

3.890

4.490

CIBC Mortgages

2.850

4.450

2.890

2.840

3.550

4.140

4.790

Canadian Western Bank

3.050

4.000

3.140

3.040

3.650

4.200

4.790

Canadian Western Trust

3.050

4.000

3.140

3.040

3.650

4.200

4.790

Comtech Credit Union

-

6.200

2.890

2.890

2.950

2.990

2.790

First Calgary Financial

-

4.000

2.890

2.890

2.490

3.090

2.950

First National Financial

2.250

3.950

2.840

2.490

2.590

2.690

2.690

FirstOntario Credit Un.

2.850

4.240

2.990

3.040

3.190

2.990

2.790

HSBC Bank Canada

2.850

4.450

3.140

3.140

3.540

4.240

4.740

Home Trust Company

2.500

3.950

2.890

2.440

2.540

2.640

2.640

ICICI Bank Canada

3.050

-

3.150

3.650

3.640

3.690

3.690

Investors Group Trust

2.850

4.200

3.140

3.090

3.750

4.390

4.790

London Life

2.850

4.200

3.140

3.090

3.750

4.390

4.790

Manulife Bank

2.550

4.450

3.000

2.940

2.840

2.790

2.790

Manulife Trust

-

4.450

3.000

2.940

2.840

2.790

2.790

Meridian Credit Union

2.650

4.000

3.090

3.090

3.550

3.290

2.750

National Bank

2.850

4.400

2.890

2.840

3.390

3.890

4.740

Ontario Civil Service CU

3.000

6.000

3.090

3.040

3.500

3.040

3.290

-

5.000

2.890

2.590

3.390

3.890

4.740

2.500

-

2.700

2.900

3.000

3.100

3.200

-

4.500

3.150

3.500

3.750

3.850

3.950

President’s Choice Fin’l

2.850

6.190

3.190

2.840

3.490

4.040

4.440

Royal Bank of Canada

2.850

3.140

3.140

3.040

3.650

4.390

4.640

Servus Credit Union

-

4.000

2.890

2.840

3.390

3.890

4.640

Steinbach Credit Union

-

-

2.600

2.700

2.750

2.850

2.850

T-D Mortgage

2.850

3.140

2.890

2.840

3.390

3.890

4.740

Tangerine

3.000

-

3.190

3.240

3.490

3.690

3.790

Windsor Family C.U.

-

4.450

3.140

3.140

3.750

3.950

3.790

Your Neighbourhood C.U.

-

-

2.990

3.000

3.190

3.300

3.190

PACE Savings & Credit Un Parama Credit Union Peace Hills Trust

PREPARED BY CANNEX ON MARCH 28, 2015. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved.

MORTGAGE TYPES ALL MORTGAGES ARE OF TWO BASIC TYPES: CONVENTIONAL The buyer can borrow up to 80% of the purchase price or the value of the property, whichever is less.

The buyer has to pay 20% down.

A conventional mortgage cannot exceed 80% of the value of the property.

INSURED OR HIGH-RATIO: A buyer can borrow up to 95% of the purchase price or the value of the property, whichever is less. The down payment can be as low as 5%.

MORTGAGE OPTIONS You can choose any of these mortgage options which fit into the two basic mortgage types.

Lenders may even customize these options to suit your needs.

OPEN MORTGAGE: Allows borrowers to repay all or part of the total amount of their mortgage at any time without penalty. Because of flexibility, this is ideal for borrowers who plan to sell their homes in the near future or who want to switch from a shortterm mortgage at high interest rates to a longer term when mortgage interest rates fall.

CLOSED MORTGAGE: Usually has the lowest interest rate available but lacks the flexible features of other mortgage options.

This is a good choice for those who want the security of knowing their monthly payment is fixed for a longer term. Prepayment options are available but they are subject to conditions.

PORTABLE MORTGAGE: Flexibility if borrowers move.

Borrowers can take the mortgage to their new home or can transfer it (usually with the consent of the lender) to the purchaser of their old home. This is an attractive option if the rate on the existing mortgage is lower than current rates.

Call: 403.247.5503 Email: serhan@tarkan.ca

103 732 57 AVENUE SW

$209,900 • • • •

2 Bedrooms / 1 Bathroom 805 sq ft Steps to Chinook Mall Covered Parking

MLS: C4004151

104 540 18 AVENUE SW

$284,900 • • • •

2 Bedrooms / 1 Bathroom 785 sq ft Steps to 17 Avenue Undergound parking

MLS: C3646261

703 MCKENZIE TOWNE SQUARE

$399,900 • 2 Bedrooms / 2.5 Baths • 1220 sq ft • Double Garage Attached

MLS: C3656194

68 ARBOUR RIDGE WAY NW

$584,900 • • • •

4 Bedrooms / 3.5 Baths 2066 sq ft Fully finished basement South backyard

MLS: C3653448