Calgary Home Guide - 07 Oct, 2016

OCT 7 - NOV 4, 2016 VOLUME 16, ISSUE 10, FREE

Gorgeous bungalow in Abbeydale

KEN YEOH

Broker/Owner

403.803.8981 www.mapleleafrealty.ca For more information please go to pages 20-21

INSIDE THIS ISSUE

5 THINGS TO LOOK FOR WHEN BUYING A HOME

A TALE OF TWO MARKETS IN CALGARY REAL ESTATE

ECONOMY SET TO SNAP BACK AFTER WILDFIRES

LEN T. WONG Broker

LAURA O’CONNELL Associate/Partner

PRINCE OF PEACE

Build your dream home in the community of Prince of Peace Village. Great development located east of Calgary. Country setting with: views of the Rocky Mountains, natural wetlands, pathways, a lake and natural trees. Call to view today. MLS#C4072499

YOUR HOME SOLD IN 90 DAYS OR WE MAY BUY IT!*

COUNTRY SETTING!

$169,900

MCKENZIE LAKE

MARLBOROUGH PARK

UPGRADED TOWNHOUSE!

$214,900

Welcome to Marlborough Mews! Upgraded two storey attached, townhome with 3 bedrooms and 1.5 baths. This is one of the larger units in the complex and comes with central air conditioning. Main floor features newer laminate flooring in living room, renovated kitchen with newer cabinets and island. Upstairs, a renovated 4 piece bathroom, two good size rooms and a spacious master suite with a large closet. Finished basement features: newer carpet in large recreation room, a 2 piece bathroom, laundry with newer washer and dryer. Fully fenced private backyard and one assigned parking stall in front of unit. Walking distance to all amenities, schools, major roads and public transportation. MLS#C4072336

BRIGHT & OPEN PLAN!

$299,900

PATTERSON

UNOBSTRUCTED VIEW OF DOWNTOWN!

$229,900

Unobstructed views of downtown Calgary! Bright and open 1 bedroom condo with underground parking.

Spacious living room with tons of natural light. Patio doors leading to large deck with incredible views. Maple kitchen with granite countertops and stainless steel appliances.

Insuite laundry. Large master bedroom and 4 piece bath. 1 underground, heated assigned parking stall and storage locker. Full access the clubhouse with party room, tennis courts, hot tub and pool. Close to all amenities and minutes to downtown. MLS#C4079529

MARTINDALE

RARE OPPORTUNITY

$309,900

IDEAL FOR 1ST TIME BUYER!

$254,900

EXCEPTIONAL VALUE!

$319,800

INNER CITY GEM!

$314,900 $268,888

CLOSE TO AMENITIES!

$379,900

EXCEPTIONAL VALUE!

$287,900

2 storey townhouse in desirable Aspen Woods with 2 bedrooms and 2 baths. Hardwood throughout main floor. Gourmet kitchen with centre island, granite countertops and stainless steel appliances open to spacious and bright great room. 2 piece powder room. Upstairs has master bedroom, 4 piece bath and additional bedroom. Second floor laundry. Large double tandem garage. Close to all amenities.

MLS#C4072319

GLAMORGAN

ROYAL OAK

Exceptionally well maintained 2 storey townhouse condo in excellent condition. 2 bedrooms and 2 baths. Very bright and open plan. Bright sunny kitchen open to large great room with gas corner fireplace. French door leading out from great room to south facing patio. 2 piece powder room. Staircase leading upstairs to 2 large bedrooms with walk in closets and 4 piece main bath between them. Basement is ready for development.

Single attached garage. Quiet location. Pride of ownership shown throughout. Walking distance to schools, public transportation, shopping and spectacular new recreation facility that is being built. Ideal for the first time buyer or professional. Exceptional value. MLS#C4079489

3 Beds, 2 Baths, Fully Developed Townhouse with over 1500sqft. Drywalled and insulated single garage attached with parking pad beside garage and front patio.

Main floor has a bright open floor plan with living room with a corner fireplace.

Kitchen has lots of cabinet space with stainless steel appliances. Formal dining area boasts high vaulted ceilings and patio doors open to a fully fenced private rear yard. Upstairs has large master bedroom with double wall closets and 4 pce Ensuite. 2 other good sized bedrooms and another 3 pce bathroom. Basement is fully developed with large Rec Room and adjacent den/office area. Laundry and large storage area. Exterior has been upgraded with new sidings and shingles in 2014. Newer furnace and hot water tank in 2009. MLS#C4075924

ASPEN WOODS

BELTLINE

Don’t miss this inner city Gem. Minutes from 17th Ave and transit. Gorgeous, newly renovated 2 bedroom main floor condo. Upgrades including Slate Tile, solid maple doors, and new microwave and dishwasher, hardwood floors and more. Intricate mosaic tiling in kitchen and insuite laundry. Pet Friendly building with your own titled underground parking. Why rent when you can own this great condo in the heart of the Calgary’s Beltline! MLS#C4083054

Rare opportunity for well maintained 2 storey end unit townhouse condo with double attached garage ready to move in and enjoy. Fronts onto park and has 2 entrances off street or through complex. 3 bedrooms and 3 bathrooms. Very bright and open plan. New carpet and lino.

Spacious great room with hardwood floors and fireplace. Bright sunny maple kitchen with centre island and breakfast eating bar open to large dining area. 2 piece powder room and main floor laundry room. Staircase leading upstairs to large master bedroom with 4 piece ensuite and separate walk in closet. 2 other good sized bedrooms and 4piece bathroom. Basement is ready for development with large windows and rough in for bathroom. Rare double attached garage.

Pride of ownership shown. Quiet location. Close to schools and amenities and easy access to Metis Trail. Ideal for young family or professional couple. MLS#C4083193

THORNCLIFFE

DOWNTOWN WEST END

Exceptionally well maintained 1 bedroom and 1 bathroom apartment in excellent condition. Very bright and open plan.

Bright kitchen with centre island open to large great room.

French door leading out to balcony with south and west views. Large master bedroom with 4 piece bath and insuite laundry. Secured lobby and concierge service. 1 underground heated parking stall. Quiet location. Ideal for 1st time buyer, investors or looking to downsize. Steps from LRT, downtown, amenities, walking paths and river. Furniture available to purchase. Exceptional value MLS#C4074390

Great 2 storey condo townhouse with 2 bedrooms and insulated attached garage. Very bright and open plan. Kitchen with island open to eating area and spacious great room with electric fireplace. French door off living area to south backyard with deck. Upstairs has 2 large bedrooms and 4 piece bath. Lower level is ready for development with roughed in plumbing. Quiet complex located near everything. Walking distance to Fish Creek, paths, shopping and transit. Great mature neighborhood. Ideal for young family. Easy access to Deerfoot Trail. Exceptional value! MLS#C4074961

WALKOUT BUNGALOW!

$387,900

Exceptionally well maintained bungalow with fully developed walkout basement ready to move in and enjoy.

Recently painted throughout. Total of 3 bdrms and 3 baths. Very bright and open plan. Vaulted ceilings in the formal dining and living room with fireplace and skylight. Upgraded Cherry oak cabinets with granite countertops and designer tiled backsplash with stainless steel and black appliances with eating area and patio dr leading out to large maintenance free deck. Large master bdrm with new carpets and 4pc updated ensuite with jetted tub, separate shower and large closet with built ins. 4pc main bath. Main flr laundry with sink and cabinets. Professionally developed walkout basement with family rm with wet bar, bdrm, cheater 4pc ensuite and flex rm ideal for workout rm/games rm or storage. Patio drs leading out to a secluded yard.

Double attached garage. Quiet location. Walking distance to amenities, schools and transportation. Ideal for empty nester or professional couple. Exceptional value. MLS#C4079047

DISCOVER THE ADVANTAGE

ed EXECUTIVE TOWNHOUSE!

$437,900

BEAUTIFULLY UPGRADED HOME!

$449,900

EXTENSIVELY RENOVATED

$567,900

Beautifully upgraded 2 storey home located on a quiet cul-de-sac! South facing backyard on a pie shaped lot. The spacious master bedroom has a 3piece en-suite, the second and third bedrooms are generous sizes.

Upstairs also boasts a large office/den with French doors! The main and upper floors have been updated with gorgeous maple hardwood. The kitchen has been updated with Granite counter tops and tile back splash.

All newer appliances, fridge, stove, dishwasher, hoodfan and microwave.

New Trim and window blinds. New hot water tank (2015). Double attached Garage. Partly finished basement with living room and 4th bedroom. Back deck was done 5 years ago. MLS#C4075555

g

FAMILY HOME!

$514,900

Beautiful executive 2 storey Jayman built home, nestled on a quiet street in Panorama Hil s. Large tiled entry welcomes you to open concept main flr. Spacious living rm, with oversized window, & corner gas fireplace.

Newer s/s appliances gleams from the kitchen, along with new sleek Quartz countertops & new fixtures. Maple cabinetry conceal custom roll out drawers for easy access & storage. The dining space is great for entertaining & access sliding drs, which open up to an expansive composite deck, a gorgeous west bkyd & green belt with walking path. Upstairs has a large master bdrm, with spacious w/i closet & renoed ensuite: Quartz countertop, custom cabinets & luxurious soaker tub. 2 other good size bdrms & upgraded 4pc bath. Spacious bonus rm with built in desk. Bsmt has great layout & ready for design. O/S finished garage with knockdown ceiling, brand new garage dr hardware, central a/c, interior & exterior LED lighting, newer hot water tank & brand new roof. Great family home & exceptional value. MLS#C4078673

EXCEPTIONAL VALUE!

$588,500

s

s GORGEOUS TOWNHOME!

$539,000

4 bedroom, 2 bathroom, 4 level split home with over 2600 sq ft of livable space with detached Double Garage. Large Corner lot across from desirable Chinook Park Elementary and Henry Wisewood Senior High School. Inside has large Living Room w/fireplace and separate dining room with patio doors leading to low maintenance fully fenced yard. Kitchen has newer appliances, oak cabinets with moveable Island.

Upstairs has 3 good sized bedrooms and one 4 piece bathroom. 3rd level has laundry room, extra bedroom and another 3pc bathroom with stand up shower.

Lower level has storage area and Rec Room. Newer Furnace, hot water tank, windows and shingles. Exposed Aggregate front steps and driveway. Great location close to schools, shopping and transportation. MLS#C4082444

PATTERSON

BRIGHT & OPEN PLAN!

$594,900

DOUGLASDALE/GLEN

Welcome to the Boulevard Townes of Quarry Park: an elegant 2 storey townhome with fully developed basement & double detached garage. Over 2100 sq ft on 3 levels, 3 bedrooms & 4 baths. Open concept layout, with extensive upgrades. Hardwood floors throughout main level. Gourmet kitchen with quartz countertops, large center island, designer tiled backsplash, timeless and beautiful white cabinetry, corner pantry, upgraded stainless steel appliances. Large dining area with huge window and access to private backyard and double detached garage. Huge front great room with tile surround fireplace and built in shelving. Carpeted staircase leading up to 2 master suites, featuring 5 piece spa like ensuites and large walk in closets and upper laundry. Professionally developed basement with a huge bedroom with a spacious walk in closet, a 4 piece bath and a massive family room. Walking distance to amenities and public transportation. Call to view today! MLS#C4077932

Extensively renoed 2 storey split with double attached garage & developed bsmt in showhome condition. 4 bdrms, 4 baths & den. Recently painted exterior & interior. Newer flring thru out main flr & 2nd flr with carpet & laminate & vinyl flring. Spacious living rm with bow window & formal dining rm. Renoed maple kitchen in 2015 with centre island, granite, designer tiled backsplash, s/s appliances with extended warranty, soft close cabinets & drawers & Mannington Luxury vinyl flring. Open to large sunken family rm with built ins & fireplace.

Den with French drs. 2pc renoed bath & laundry rm. Staircase leading upstairs with new carpet. Large master bedroom with renoed 3pc ensuite. 2 other good sized bdrms & renoed 4pc bath. All windows & drs except family rm were replaced in 2012. Newer patio drs leading out from kitchen to gorgeous deck with Gazebo & hot tub. Developed bsmt with rec rm, bdrm 3pc bath, wet bar & storage area. O/S double garage. RV parking on side. Gorgeous landscaped yard.! MLS#C4080277

CHINOOK PARK

PANORAMA HILLS

nd io.

ce is d in 4

Executive end unit 2 storey townhouse with fully developed basement and rare double attached garage in showhome condition. Backing onto walkway to environmental reserve. Very bright & open plan with 9ft ceilings on the main floor. 3 bedrooms, 3 bathrooms & main floor den. Bright, sunny maple kitchen centre island & breakfast eating bar open to large eating area & great room with corner gas fireplace. French door leading out from eating area to large deck. 2pc powder room, laundry room & main floor den. Hardwood & ceramic tile floors throughout main floor. Staircase leading upstairs to large master bedroom with 4pc ensuite with large soaker tub, walk in shower & walk in closet. 2 other good sized bedrooms & 4pc main bath. Professionally developed basement with large family & recreation room with large windows. Framed bathroom with rough in plumbing. Large storage room. Rare double attached garage. Pride of ownership. Quiet location. Ideal for young family or professional couple. Exceptional value. MLS#C4081461

SOMERSET

tre r

y

RANCHLANDS

DISCOVERY RIDGE

n

Exceptionally well maintained 2 storey split with fully developed basement. Ready to move in and enjoy. Very bright and open plan. Vaulted ceilings in the living and dining rooms. Total of 6 bedrooms and 4 bathrooms.

Formal living and dining room. Laminate floors throughout main floor. Bright sunny kitchen open to large eating area and family room with fireplace and built ins. 2pc powder room and main floor laundry room. Patio door leading out from kitchen to new front and back deck with huge backyard. Staircase leading upstairs to large master bedroom with updated 4pc ensuite with new stand alone soaker tub, ceramic tiled floors and huge walk in closet. 2 other good sized bedrooms and 4pc bath. Recently developed basement with summer kitchen/wet bar with rec room, 3 bedrooms and 3pc bathroom. Double attached garage with large pad, ideal for RV parking. Newer roof shingles. Front and rear deck just replaced. Close to amenities, schools and minutes to downtown. Excellent family home. Exceptional value! MLS#C4084091

COACH HILL

WELL MAINTAINED

$739,900

Exceptionally well maintained 2 storey split with triple attached garage located on a 1/3 acre backing onto greenspace. Lots of potential. Quiet location in a cul de sac. 3 bdrms, 3 baths and loft. Vaulted ceilings in the living rm with fireplace. Formal dining rm with wet bar. Kitchen with recently added granite countertops and designer tiled backsplash with centre island open to large eating area and sunken family rm with fireplace and built ins. Patio drs leading out from deck area to large deck and beautiful landscaped yard with vinyl fencing. 2pc bath and laundry rm area. Gorgeous staircase leading upstairs to master bdrm with 5pc ensuite with large soaker tub, separate shower and large walk in closet. Patio dr leading out to balcony.

2 other good sized bdrms and 4pc bath. 1 bdrm with bay window. Spacious loft overlooking living rm. Bsmt is partial y developed with spectacular wine cellar and rec rm. Room for future development. Minutes to downtown and close to all amenities and schools. MLS#C4082622

oy.

ed with r ard. for

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

contents OCT 7 - NOV 4, 2016 | VOLUME 16 ISSUE 10

9

20

11

ON THE COVER

Gorgeous starter bungalow in Abbeydale in this issue

9

10

maps & extras

Mortgage advice

11

Home insurance tips for winter

Neighbourhood Profile McKenzie Towne: Picturesque ‘new urbanist’ community

+ online NEIGHBOURHOOD

HOME SEARCH

14 MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

MAPS

4 YPNEXTHOME.CA

17

Trending

5 things to look for – and 5 to avoid – when buying a home

LOOK FOR THE CIRCLE

6

Editors’ Note

7

Regional maps

22 Homebuyers’ Help Mortgage Rates

Money Matters

Guide to building a budget

Market Analysis

Numbers paint two different pictures in Calgary’s real estate market

20 Cover story

WITH

DYNAMIC

12

Trending

Canadian economy set to snap back after wildfires: RBC Economics

Gorgeous starter bungalow in Abbeydale

for advertising information call 403.829.0393 next deadline: Oct 28, 2016

advertisers’ index

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF/DIRECTOR OF CONTENT

CAMERON REALTY GROUP INC. Dory Cameron . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Susan Legge DIRECTOR OF SALES

Moe Lalani

MAPLE LEAF REALTY Ken Yeoh. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

EDITOR

Wayne Karl Lydia McNutt (on leave)

RE/MAX REAL ESTATE Len T. Wong & Associates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

MEDIA CONSULTANT

Heather Harke Phone: 403.829.0393 CONTRIBUTING EDITORS

Sonia Bell Elisa Krovblit NATIONAL CIRCULATION MANAGER

John Jenkins

MORTGAGE COMPANIES PROLINK Lori Ames . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 RECREATIONAL PROPERTIES & MORE PEMBERTON HOMES Nancy Vieira . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

SENIOR PRODUCTION MANAGER

Helen Pearce GRAPHIC DESIGNER

Mike Terentiev PRODUCTION COORDINATOR

Swinder Jodhka PRINTING

Transcontinental, LGM - Coronet FOR ADVERTISING INQUIRIES PLEASE CALL 403.461.5518

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.

OCT 7 - NOV 4, 2016 | HOME GUIDE 5

Editors' Notes

MCKENZIETOWN

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

READ THE STORY ONLINE nexthome.yp.ca/mckenzietown

Neighbourhood focused One of the most exciting innovations at YPNextHome over the last few years has been creating Neighbourhood Profiles – comprising a wealth of data and information – from across the country.

In every issue of Home Guide, we’ll show you at least one of these featured neighbourhoods. And if you look online, you’ll find more than 2,800 neighbourhoods you can search as part of your experience on YPNextHome.ca.

That’s a lot of information.

Our curated neighbourhood content provides a lively snapshot of some of Canada’s more popular neighbourhoods. These profiles have been researched and compiled by a nationwide team of writers and editors, and they include photos and, in some cases, exclusive video tours with local celebrities and well-known residents. Demographics, housing types and other information... all leading to listings in the area.

Check it out and let us know what you think.

The burden of drywall

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

+ get social 6 YPNEXTHOME.CA

Yes, drywall – that ubiquitous but mostly unseen panel of calcium sulfate dihydrate used to make interior walls and ceilings – is about to add a significant chunk to new and renovated home costs.

How? You can thank a party completely unrelated to the home building industry – Canada Border Services Agency (CBSA).

CBSA in September arbitrarily slapped huge levies on drywall coming into Canada from the U.S. Duties ranging from 105 to 276 per cent were imposed immediately, delivering “detrimental effects” on Canadian businesses and economies.

Just how detrimental? With drywall

producers announcing price increases as high as 50 per cent, builders can no longer absorb the tariff; buyers could be looking at home price increases of $10,000 or more – all within the last month.

“We are urging the government to do what it can to alleviate this extraordinary burden on the industry, especially for those already with contracts in place, and on new-home buyers,” Canadian Home Builders’ Association CEO Kevin Lee told Home Guide.

Drywall may be a small part of what goes into new homes or renovation projects, but with numbers this large, it’s the last thing we need.

Interact with us on social media: ypnexthome

Calgary & regional maps zonea zoneb zoned COMMUNITIES & MLS NUMBERS

COMMUNITIES & MLS NUMBERS

COMMUNITIES & MLS NUMBERS

STONEY TR

STONEY TR STONEY TR

CROWCHILD TR DEERFOOT TR

Monterey Park

Greenwood Greenbiar

TRANS CANADA HI

16 AV

16 AV

Abbeydale

Pt. McKay

MARQUIS OF LORNE TR Applewood

TRANS CANADA HI

OUT OF TOWN MACLEOD TR

Crestmont

SARCEE TR

DEERFOOT TR 27 Upper Scarboro

West End

766

22

Didsbury

2A 562

2 Carstairs

Cremona

Crossfield

Parkhill / Stanley Park

72

766 772

22

Garrison Green Meadowlark Park Kingsland

Carbon

567

Airdrie

9

Irricana

567

Delacourt

Dalroy

791

1

Chestermere

CALGARY

22

791

Okotoks

7

c

COMMUNITIES & MLS NUMBERS

out of town

23

Cluny

542

Bassano

Milo

24 842

540 534

Vulcan 531

Nanton 2

533

zone

547

842

Blackie

Cayley 22

Mossleigh

547

High River

541

Gleichen

Arrowwood

2A

Longview

561

817

797

549

543

SPRUCE MEADOWS TR

Hussar 1

Carseland

552 549

MACLEOD TR

Standard

22X

Dalemead DeWinton

Black Diamond Turner Valley

569

Shepard 22X

56

842

564

564

Lyalta Strathmore

Langdon

8 Bragg Creek

840

Rockyford

Keoma

566

Bearspaw 68

21

Katherine

Balzac

Cochrane

1A

Acme

Beieker

574

Roxboro

GLENMORE TR

806

581 575

Erlton Mission

527

520

Champion

529

Stavely Caramangay

Claresholm

520

OCT 7 - NOV 4, 2016 | HOME GUIDE 7

Ken Yeoh

FREE Quick OnLine Home Evaluation

403.803.8981

www. mapleleafrealty .ca

Broker/Owner

ABBEYDALE Gorgeous bungalow on quiet street Bright LR, 3 bedrooms, den & 2 baths Large kitchen with tile backsplash Laminate flooring on main floor Separate entrance to basement with FR, den & bath • Single detached heated garage • Truly shows pride of ownership • Easy access to D/T, airport, Deerfoot & Stoney Trail

MONTHLY STATISTICS

$

359,800

• • • • •

City of Calgary

Aug-15

Aug-16

% change

Sep-15

Sep-16

% change

Total Sales

1,647

1,577

-4.25%

1,055

1,063

0.76%

New Listings

2,782

2,825

1.55%

2,388

2,250

-5.78%

Active Listings

5,215

5,679

8.90%

5,730

6,021

5.08%

Median

422,000

418,000

-0.95%

427,000

431,500

1.05%

Average Price

465,575

473,537

1.71%

459,948

490,423

6.63%

Days on Market

40

46

15.00%

40

47

17.50%

Benchmark Price

459,300

440,200

-4.15%

N/A

N/A

N/A

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

find your next home It’s only a tap away.

Want to feel at home in your house and your neighbourhood?

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8 YPNEXTHOME.CA

Advice | MORTGAGE ADVICE

Home insurance tips for winter

By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

CANADA’S UNPREDICTABLE

winters can cause headaches for homeowners. Snow, ice and water can damage everything from your roof to foundation, so it’s important to compare home insurance quotes and pick a policy best suited to your dwelling’s features.

Filing a claim can lead to increased rates, so be proactive in winterproofing your property. Talk to your insurance provider about what your policy covers.

Keep your property maintained The Insurance Bureau of Canada (IBC) reminds that “a home insurance policy is not a maintenance contract,” meaning you’re responsible for general upkeep. It’s crucial to fix any minor damage to your home as soon as it occurs. Neglecting it means you’ll be held liable if it leads to greater damage.

Going away? Check in early, check in often Some insurers will void your coverage if you leave your house empty and unmonitored for more than four consecutive days. If you’re going away on vacation, ask a friend to regularly check to ensure your home is properly heated so the pipes don’t freeze, and that heavy snow, ice and debris is cleared.

Clear snow and ice Accumulation of heavy snow can damage your home’s roof, walls and foundation. Flat roofs are especially vulnerable to collapse, while sloping

roofs create ideal conditions for ice dams. Icicles may be pretty, but they can potentially tear off your gutters and roof shingles and allow snowmelt to seep into your interior walls. Shovel out window wells, outdoor stairwells and clear away snow from the foundation.

fix. Wrap insulation sleeves around pipes in unheated or outdoor areas, draining any exterior pipes and hoses to prevent ice buildup. Unexpected power outages can cause indoor temperatures to dip, so if your home will be empty and you’re feeling extra cautious, turn off the water at the source and drain the pipes. .

Minimize personal liability Keeping your driveway and sidewalk clear of snow and tossing salt or sand on icy patches protects everyone from injury. Your policy’s personal liability portion provides coverage for injury or damage to others sustained on your property, but there are many exclusions. Homeowners can be found negligent if they don’t exercise a “reasonable standard of care” in keeping a property safe.

Consider additional coverage Your standard home insurance policy won’t protect you from “uninsured perils”: predictable or preventable events such as landslides and earthquakes, damage from rodents and insects, almost any kind of flooding – including from freezing pipes and sewer backups. Some of these perils can be insured by buying extra coverage.

Protect your pipes Flooding from frozen burst pipes is the single biggest winter nuisance – and among the most expensive to

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.

OCT 7 - NOV 4, 2016 | HOME GUIDE 9

Neighbourhood Profile

McKenzie Towne Picturesque ‘new urbanist’ community

Fast facts Average household income

$118,428

Family structure

By Kait Kucy FAMILIES

COUPLES

SINGLES

45%

34%

21%

Own vs. rent

82% OWNERS

18%

RENTERS Education levels

35%

34% 31%

HIGH SCHOOL UNIVERSITY

MORE PHOTOS ONLINE

COLLEGE

ypnexthome.ca/mckenzie-towne SOURCE: ENVIRONICS

MCKENZIE TOWNE is a picturesque

neighbourhood in the deep southeast of Calgary. It was one of the first newer developments to introduce the concept of a “new urbanist” community. A hub for young professionals and families, McKenzie Towne is a great community not only because of its affordable prices but also thanks to its variety of homes available.

Lifestyle McKenzie Towne has a great visual presence with the picturesque High Street and wide open park spaces.

The neighbourhoods have beautiful variations – one of the most popular spots is rows and rows of Brownstone townhouses complete with a scenic gazebo in the park in the middle.

A beautiful neighbourhood that functions as its own tiny small town.

Vibe Just brimming with youth, McKenzie Towne has been known as a great place to raise a family since its inception in 2000. Plenty of wide open spaces and playgrounds, this is the perfect neighbourhood for anyone who has craved more space and their own backyard. An active community, it is not unusual to see residents jogging, cycling and walking dogs at all hours of the day.

In the area Mckenzie Town presents average suburban living expenses and features the typical array of chain stores such as Starbucks, pubs that are affordable, easy to access and very friendly. You can expect to pay average prices for drop-in at gyms and yoga studios which give an added benefit to living in this community.

Planes, trains & automobiles Accessed via Deerfoot Trail, commuting from downtown will leave you with a quite a drive to and from work. There are also rapid transit commuter buses leaving downtown during rush hour, affording McKenzie Towne residents a swift route home.

The neighbourhood also has quick access to Calgary’s bike trail system to ride to Fish Creek Park and beyond.

The good, the bad & the rest An almost entirely self-sufficient neighbourhood, this main street shopping area contains multiple dental and medical offices, banks, grocery stores among many other amenities that help to keep residents satisfied. It is only a quick 11-minute drive to the new hospital in Auburn Bay. Plenty of schools in this area, too.

Kait Kucy is a lifestyle and travel writer and blogger for online and print publications in Canada and the U.S.

10 YPNEXTHOME.CA

Trending

Canadian economy set to snap back after wildfires: RBC Economics CANADIAN ECONOMIC GROWTH

will snap back after a second-quarter contraction and will get further lift in 2017 from rising energy prices, low interest rates and federal stimulus, according to the latest RBC Economics Outlook report.

The RBC forecast calls for real Gross Domestic Product (GDP) growth of 3.7 per cent (annualized) in the third quarter of 2016, as rebuilding takes place in Alberta, followed by a slower 1.9-percent gain in the fourth quarter.

“The Alberta wildfires and sharp pullback in oil sands production in May took the Canadian economy on a brief detour into negative growth,” says Craig Wright, senior vice-president and chief economist at RBC. “Yet the recovery should spur a similarly sharp rebound in growth in the latter half of this year and we anticipate that momentum will carry over into next year.”

Canadian GDP growth is expected to accelerate to 1.8 per cent in 2017 from 1.3 per cent in 2016.

With core inflation likely to hover around the Bank of Canada’s two per cent target, there is little reason for the central bank to take any action on interest rates. RBC expects the Canadian central bank to hold its overnight rate

MORE TRENDING ONLINE ypnexthome.ca/news

steady through the remainder of 2016 and 2017 as well.

RBC projects that oil prices will gradually rise to $50 a barrel in 2016 and push higher toward $60/barrel in 2017.

However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates.

RBC expects the economies of Alberta, Saskatchewan and Newfoundland and Labrador to contract further this year as the oil-producing provinces continue to struggle with low revenues and private sector restraint.

Some of the recent weakness in Alberta from the wildfires in Fort McMurray should start to reverse in the second half of 2016.

All other provinces except New Brunswick are expected to continue to expand in 2016, albeit at varying paces.

“Momentum appeared to slow this spring in several oil-consuming provinces, including Ontario, Quebec and Manitoba, and we lowered our 2016 growth forecasts for eight provinces,” says Wright. “Our 2017 outlook shows more balanced growth across the country, with Alberta and Saskatchewan returning to positive growth and economic activity moderating in British Columbia.”

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OCT 7 - NOV 4, 2016 | HOME GUIDE 11

Trending

5 things to look for – and 5 to avoid – when buying a home

By Wayne Karl

MOST PEOPLE HAVE AN IDEA what

they want when buying a home – proximity to transit and schools usually ranks near the top.

Buyers’ criteria may vary depending on their age and location. Single professionals looking for a downtown condo would likely key on proximity to mass transit. Young families in the suburbs, on the other hand, might rank schools and parks at the top of their list.

When it comes to the value of your home, however, certain neighbourhood features have very distinct influences –positive and negative – that you should be aware of.

For example, realtor.com, the official website of the National Association of Realtors in the U.S., recently produced a list of the worst neighbourhood features that drag down your home value.

Its counterpart north of the border, the Canadian Real Estate Association and its website, realtor.ca, doesn’t have an equivalent list for the market here, so we assembled one – from an informal poll of realtors and other sources.

Here, then, are five things to look for – and five to avoid – when looking for a home.

5 THINGS TO LOOK FOR Mass transit: This isn’t just for convenience, though being able to walk to a subway, LRT or commuter train is the wish of many homeowners. Experts rank walkability to a subway station as the number one thing homebuyers are willing to pay for – so it has a very real positive impact on property values. Research shows that homes located 500 to 800 metres from a subway stop increase by 10 to 20 per cent in value more 12 YPNEXTHOME.CA

than average. And in a downturn, these properties will drop by 10 to 20 per cent less.

Schools: This may be more important for young families than single professionals or Millennials, but overall, properties close to good schools and school districts are at a premium. (And be sure to avoid poor school districts.) Think convenience in dropping off the kids, less worry about long commutes, syncing up with daycare or requiring them to become “bus pupils.” And when it comes to resale, you’ll find lots of people looking for just this kind of home.

Walkability: Speaking of convenience, proximity to amenities such as shops, services and restaurants ranks high on most buyers’ lists. Being able to walk to them, within reasonable distance, is golden. Builders know this, and more and more of them master-plan their communities to make sure such essentials are nearby.

Parks: Lifestyle is becoming increasingly important – and in some cases, a concern – these days, especially for the thousands upon thousands of Canadians choosing to live in condos because of their affordability. Think it’s not so important? Try living in a downtown condo cluster without any greenspace in sight. Generations of Canadians are now growing up as condo dwellers, so nearby parks, trails and other escapes are increasingly essential.

Major highways: Besides living reasonably close to work, most homebuyers also want to be close to friends and family. But these days, with rising prices increasingly determining

“When it comes to the value of your home, however, certain neighbourhood features have very distinct influences –positive and negative – that you should be aware of.”

where you buy, easy access to major highways and thoroughfares is the next best thing. And thank goodness many Canadian governments are spending billions on infrastructure to help make it all happen.

“The features that are most important to homebuyers are reflective of what they value as individuals,” says Adil Dinani of Royal LePage West Real Estate Services, Burnaby, BC. “Generally speaking, neighbourhoods that fall within excellent public school catchments, are close to rapid transit hubs and have access routes are highly sought after.

“The notion of walkscore also plays an important role in desirability – residential neighbourhoods that are in proximity to urban conveniences such as cafes, grocers, restaurants and parks are generally very attractive and can positively influence the value of homes.”

5 THINGS TO AVOID Busy street or intersection: While proximity to highways is high on the list of positive influences, there’s such a thing as being too close. The concern here is two-fold: high volume of motorist traffic; and the danger that represents to pedestrians. The same is true with being too close to a subway or train station – and studies show a definitive drag on property values.

Cemeteries: Superstition or not, many people find it just too creepy to live adjacent to any kind or size of cemetery. Some may find it cool, but the greater likelihood is that far more potential future buyers will be turned off at the prospect.

Industrial areas: As best, think loud, potentially constant industrial noise

and heavy truck traffic. At worst, depending on the type of industry, imagine particulates and other kinds of emissions and contaminants. No thank you.

Railways: We all remember LacMégantic, but if you need a reminder, there was a train derailment in downtown Toronto just last month.

Rail transport and transit literally helped build this country, and it’s important to our future, but there are very real dangers in living too close to railways.

Hydro wires: Even if you, personally, aren’t put off by homes located near hydro right-of-ways, future potential buyers of your home might be. Such properties often sell at a discount – which may sound great at first, until you realize it’s because the pool of prospective buyers is smaller when you go to sell. Why take the chance?

Importantly, such negatives can actually help people in their home search.

“It really depends on the budget, but most of the time, a buyer will make up their mind on a home that they are ruling out, quicker than a home that they love,” Shawn Zigelstein, sales representative at Royal LePage Your Community Realty in Richmond Hill, Ont., told YPNextHome. “Buying a home is a process of elimination rather than a process of selection, and many of these specific factors may help a buyer eliminate a home very quickly.”

Proximity to these acts as a drag on property values Bad school district 22.2% Strip club 14.7% High renter concentration 13.8% Homeless shelter 12.7% Cemetery 12.3% Funeral home 6.5% Power plant 5.3% Shooting range 3.7% Hospital 3.2% Source: realtor.com OCT 7 - NOV 4, 2016 | HOME GUIDE 13

Advice | MONEY MATTERS

Guide to building a budget

By Gail Vaz-Oxlade

MORE ADVICE ONLINE ypnexthome.ca/news/advice

PEOPLE TELL ME they don’t know how to make a budget. Once I started doing the show Til Debt Do Us Part and introduced the magic jars, people headed out to buy their own. But they still couldn’t figure out how much money to put in the bloody things.

So I’ve created a step-by-step plan.

Using this plan and Gail’s Interactive Budget Worksheet (gailvazoxlade. com/resources/interactive_budget_ worksheet.html), you can build a budget that will tell you how you’re doing and how much to stick in the jars if you’ve decided to live on cash.

Okay, here we go.

1. On the budget worksheet, fill in all the amounts under income.

You’ll need your “gross” income and your “net” income. If you make $60,000 a year gross, you would enter 60,000/12 (which is $60,000 divided by 12.) Ditto for your monthly net income.

If you’re paid on any other schedule, you have to use your lowest monthly income as your base, and use any extra money you receive to boost your planned spending (for things like furniture acquisitions, vacations, and the like).

2. Enter any other sources of income you may have. You must use “monthly” amounts. So if you average $6,000 in annual child support received, you would enter $500 for your monthly amount. If you receive income that is irregular — like an annual bonus — do not enter it under 14 YPNEXTHOME.CA

income. Why? Well, if you bank on getting it and you don’t you’ll be SOL. Better to use that money for things like gifts, vacations, and other extras — things you don’t have to pay for if the bonus doesn’t materialize.

3. Now it’s time for the fixed expenses. Get out your last bank statement(s). Based on what you spent last month, fill in the fixed expenses. Don’t worry if the numbers seem high at first, just put in what you spent last month, based on what went out of your bank account.

4. We’re going to skip down to

“saving” now. Yep, you have to save.

Don’t bother arguing, you have to save. I want you to divide your monthly income by 100 and multiply your answer by five. There, that’s five per cent and is the minimum you should be saving. Ultimately, you need to save 10 per cent, but let’s start with five per cent and work from there. Under “emergency” enter $100.

5. Next we’ll do debt repayment. Add up your monthly debt repayment amounts. Include what you’re spending to repay everything except your mortgage and your car loan/ lease. Put it under “debt repayment.”

MORE ADVICE ONLINE ypnexthome.ca/news/advice

6. Now look at the bottom line on the budget — the line that says Income – Expenses. What do you have left? Whatever it is, that’s what you have to work with to budget for your variable expenses. Yup. That’s it. Go ahead and divvy up the money in the various categories under Variable Expenses. If you find you’re left with $20 a month for groceries and you know that just won’t do, then you have two choices: You can go back and cut expenses.

Yup, even in fixed expenses you can find places to cut like cell phone or cable.

You can make more money. Work harder, work smarter. Get a second job, a third job, a better job.

That’s your budget.

Two more things: 7. You’ll see that the budget automatically calculated how much must go into each of your jars each week/month if you plan to live on cash.

8. You’ll also see your percentages automatically calculated. The financial rule of thumb says you shouldn’t spend more than 35 per cent of your net income on housing.

(That includes mortgage/rent, condo fees/maintenance, property tax and utilities.)

If you’re spending more than 35 per cent, either you can look for ways to cut back on your housing costs, you can make more money, or you can trim in other areas (like transportation) so you end up balancing at the bottom line.

It’s your money. You can do anything you want with it except spend more than you make.

Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt-Free Forever and blogs daily at gailvazoxlade.com OCT 7 - NOV 4, 2016 | HOME GUIDE 15

start your search here.

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

16 YPNEXTHOME.CA

Advice | MARKET ANALYSIS

Numbers paint two different pictures in

Calgary’s real estate market

By Heather Ryan

WHILE OVERALL SALES ACTIVITY

fell again in the Calgary real estate market in August, the numbers paint a significant difference between single and multi-family markets, according to figures released by the Calgary Real Estate Board (CREB).

The detached (single-family homes) sector saw the lowest percentage drop in August with 980 sales, down just 1.4 per cent from last August’s total of 994.

However, there were bigger declines on the multi-family side. The attached (duplexes/townhomes) sales in August were 320, down 12.8 per cent from August 2015’s 367 and the (condo) apartment sales were 267 in August, a five per cent drop from last August’s 281.

Overall, the total combined sales in the city of Calgary were 1,567 in August, just a 4.6 per cent drop from the total sales of 1,642 recorded in August 2015.

“The big story in the Calgary real estate market is that we have finally had three months of data showing the detached sector to be a relatively balanced market,” says CREB President

Cliff Stevenson. “Although sales are down, the inventory level is the big driver and there have not been any huge increases in the number of listings keeping this sector in check.

“The lowest supply in the detached sector is in the $300,000 to $400,000 price range where there is less than a two months’ supply, while in the under $500,000 price range months’ supply is close to three months – that’s a relatively balanced market.

“The same can’t be said for the attached and apartment sectors,” he notes. “When you look at the months’ supply graphs it paints a clear picture of what’s happening with the trend lines going up especially in the apartment sector where the supply is high and still climbing.”

In the detached sector, the number of new listings and inventory both fell in August in year-to-year comparisons. In fact, the number of new listings being added in the attached sector have been declining over the last four months.

The number of new listings added

in August in the detached sector were 1,524, down 7.2 per cent from August 2015’s 1,643, while total inventory was 2,720, down four per cent from last August’s 2,833, and the months’ supply of homes was 2.78 in August.

Meanwhile, in the attached sector the new listings added in August were 620, a six per cent increase from August 2015’s 585, and inventory remains high – sitting at 1,365 in August, up 18.2 per cent from August 2015’s 1,155. The months’ supply was 4.27 in August.

The new listings added in August in the apartment sector totalled 615, a 19.7 per cent rise from August 2015’s 514 and inventory levels were 1,571, a 28 per cent hike from August 2015’s 1,227, and pushing the months’ supply to 5.88.

“Because of the difference in the performance between detached and the attached and apartments segments it’s important for people to pay close attention to the data of each particular area, segment and price point,” Stevenson says.

With the higher inventory levels and slower sales comes a softening of prices, but overall the decreases have been fairly nominal; in fact, the combined benchmark price in August was $440,200, a 4.2 per cent drop from the $459,300 recorded last August, but it actually went up from July’s $440,000.

The detached sector’s benchmark price in August was $503,200, up slightly from July’s $502,300, but down 3.3 per cent from August 2015’s $520,200.

While the benchmark price in the attached sector in August was $331,000, a slight increase from July’s $330,800, but a 4.7 per cent decline from August 2015’s $347,300.

The apartment sector saw the biggest drop in the benchmark price – it was $274,900 in August, down 0.8 per cent from July’s $277,000, and a 7.1 per cent drop from the $295,900 in August 2015.

OCT 7 - NOV 4, 2016 | HOME GUIDE 17

Photo credit: Rimy Reehal

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Feature Property

cover story

Gorgeous starter bungalow in Abbeydale

By Heather Ryan

THIS GORGEOUS BUNGALOW located

on a quiet street and close to a school and park in northeast Calgary shows pride of ownership and is ideal for a young or growing family.

“This is a great starter home that is priced well for first-time buyers and families offering three bedrooms on the main floor,” says Ken Yeoh with Maple Leaf Realty Inc. “It’s also in a great location within walking distance to school and a playground, just a 10to 15-minute drive to downtown and close to all amenities.”

Located in Abbeydale, this just under 1,000-sq.-ft. bungalow is 20 YPNEXTHOME.CA

minutes away from a variety of shops, services, restaurants and more at nearby Sunridge and Marlborough Mall, and has easy access to 16th Avenue (TransCanada Highway), Memorial Drive, Stoney Trail and Deerfoot Trail.

From the street, the home presents great curb appeal, with tall hedges on both sides of the property giving it a sense of privacy, lush green grass and a colourful front garden. The architectural style’s clean lines and large windows adds to the home’s more inviting look and it features a shingled roof that is new this year.

Stepping inside, you’ll appreciate the light toned colour scheme and large front window that brightens the spacious living room and complements the light honeytoned laminate flooring that rolls throughout the main floor.

The large L-shaped kitchen provides ample room for more than one cook and there is an abundance of countertop and cabinet space. The white cabinets offer a nice contrast to the darker counters and subway tile backsplash and you’ll love the updated stainless steel appliances that include a double-door fridge with ice

dispenser and lower freezer drawer and a gas stove.

The kitchen also has a dining area below a large window creating a sunny place for mealtime and a tall pantry.

A door off the dining area leads to a separate side entrance and a concrete walkway where you can place the barbecue and access the rear oversized single attached garage that is heated and insulated and provides room for parking your vehicle but also space for a motorcycle, storage or small workshop.

At the rear of the home, the master bedroom provides nice space for king-sized furniture, and there are two good-sized secondary bedrooms and a main full bathroom.

The lower level is also fully developed with a spacious family room and an area with fridge, sink, cabinets and counters making it convenient for making snacks and drinks while entertaining or enjoying a movie night with the family.

There is also a large room – that can also be used as a bedroom, den or home office – and a full bathroom downstairs so it’s ideal for guests, an older child or extended family members as they have their own privacy. There is also a separate entrance to the basement and a downstairs laundry.

Outside, you can relax and enjoy the sunshine with family and friends in the fully-fenced, private back yard. There is a fabulous deck between the house and garage that provides a terrific spot for entertaining and there is plenty of space to warm up on cool nights around the fire pit located on the grass.

There is also a handy shed in rear corner of the yard for storing outdoor equipment and tools and a garden runs along the back fence and up the side of the home.

The home comes with all window coverings and it’s wired for an alarm system.

For more information on this Abbeydale bungalow, contact Ken Yeoh, Maple Leaf Realty Inc., 403.568.5138 or email kenyeoh@shaw.ca OCT 7 - NOV 4, 2016 | HOME GUIDE 21

Buyers’ Resources | MORTGAGE RATES

Compare mortgage rates for your best deal CHARTERED BANKS

variable

6 months

1 year

2 years

3 years

4 years

5 years

ATB Financial

2.3000

4.0000

2.9400

2.2900

2.4400

2.4900

2.4900

Alterna Bank

2.4500

4.0000

2.7900

2.3400

2.4000

2.6900

2.4800

Alterna Savings

2.4500

4.0000

2.7900

2.3400

2.4000

2.6900

2.4800

Bank of Montreal

2.7000

4.2000

3.0900

3.1900

3.5900

4.0900

4.8400

Bank of Nova Scotia

2.7000

4.5500

3.2900

3.0900

3.3900

3.8900

4.4900

CIBC Mortgages

2.7000

3.1400

2.8400

2.7900

3.3900

4.0900

4.7900

Caisses Desjardins

2.7000

4.4000

3.1400

3.2400

3.3900

3.8900

4.7400

Canadian Western Bank

2.9000

4.0000

3.1400

3.0400

3.6500

4.2000

4.7400

Canadian Western Trust

2.9000

4.0000

3.1400

3.0400

3.6500

4.2000

4.7400

Comtech Credit Union

-

6.2000

2.8400

2.8900

2.9500

2.9900

2.8900

DUCA Financial Services

2.5000

-

2.8900

2.7900

2.7900

2.9900

2.4400

Effort Trust

-

4.4500

3.3500

3.5000

3.7000

4.3000

4.3500

Equitable Bank

-

-

3.1400

3.0400

3.6500

4.3900

4.6400

First Calgary Financial

-

4.0000

2.8900

2.8900

2.4400

2.7900

2.5400

First National Financial

2.3500

3.1000

2.2900

2.2400

2.3900

2.4900

2.4900

FirstOntario Credit Un.

2.5000

4.2400

2.6900

2.2400

2.3400

2.4400

2.4900

HSBC Bank Canada

2.8000

4.4500

3.1400

3.1400

3.3900

4.0900

4.6400

Home Trust Company-Agent

2.5000

3.9500

2.6900

2.1400

2.3400

2.5900

2.4900

ICICI Bank Canada

3.0500

-

2.8400

2.8400

2.8400

2.8900

2.8900

Investors Group Trust

2.7000

4.2000

3.1400

3.0900

3.3900

3.8900

4.7400

Laurentian Bank Canada

2.7000

4.4000

2.8900

2.8400

3.3900

3.8900

4.7400

League Svgs & Mortgage

-

4.4500

2.9900

2.5900

2.7900

2.6900

2.6900

Libro Credit Union

-

3.7500

2.6000

2.6500

2.6900

2.6900

2.6900

London Life

2.7000

4.2000

3.1400

3.0900

3.3900

3.8900

4.7400

Luminus Financial

3.2500

-

3.2500

3.2000

3.6500

4.0000

4.5000

Manulife Bank

2.6000

4.4500

3.0000

2.9400

2.8400

2.7900

2.8900

Manulife Trust

-

4.4500

3.0000

2.9400

2.8400

2.7900

2.8900

Meridian Credit Union

2.4000

4.0000

2.8400

2.7900

2.6400

3.8900

2.4900

National Bank

2.7000

4.4000

3.1400

3.0400

3.3900

3.8900

4.7400

PACE Savings & Credit Un

-

5.0000

2.9900

2.6900

3.4900

3.9900

4.5400

Parama Credit Union

2.6500

-

2.8000

2.8500

2.9500

3.0500

3.1500

Peace Hills Trust

-

4.5000

3.1500

3.5000

3.7500

3.8500

3.9500

President's Choice Fin'l

2.7000

6.1900

3.1400

2.7900

3.3400

3.9900

4.4400

Rapport Credit Union

2.8500

6.0000

3.0900

3.0400

3.5000

3.0400

2.9900

Royal Bank of Canada

2.7000

3.1400

3.1400

3.0400

3.6500

4.3900

4.6400

Steinbach Credit Union

-

-

2.3900

2.3900

2.3900

2.4900

2.4900

T-D Mortgage

2.7000

3.1400

2.9900

2.8400

3.3900

3.8900

4.5400

Tangerine

2.7000

-

3.1900

3.2400

3.4900

3.6900

3.7900

WFCU Credit Union

-

4.4500

3.0000

3.0400

3.6500

4.3900

4.6400

Your Neighbourhood C.U.

-

-

2.7990

2.8900

3.0900

3.1500

2.9400

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator PREPARED BY CANNEX ON SEPTEMBER 28, 2016 This information is current as of the date and time posted and is subject to change without notice. © Copyright 2016 CANNEX Financial Exchanges Limited. All rights reserved.

22 YPNEXTHOME.CA

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