Winnipeg Home & Condo Guide - June 7, 2013

June 7 - July 5, 2013, Volume 06 Issue 05

Winnipeg Edition

Your Best Source for Homes & Condos

SEE PAGES 10-11

INSIDE THIS ISSUE

DOWNPAYMENT ADVICE FOR FIRST TIME HOME BUYERS

IS PAYING OFF YOUR MORTGAGE BAD FOR YOUR NET?

Wonderful Westwood! $319,900 Beautiful custom built 1362 sq. ft. bungalow, Gleaming hardwood floors, 2 fireplaces, 3 bedrooms, 2 bathrooms, Rec room, Double attached garage

Character & Charm in Silver Heights! $324,900 On one of the finest tree lined streets in the Area! 1700 sq. ft. HWFS. 3 BRS+ den. Recreation Room. Fenced 85 x 172 Lot, Inground Pool. Attached garage.

THE BEST OF Wonderful Westwood! $439,900

The WOW Factor!

Grace Hospital Area! $424,900

Cul-de-sac, near Golf Course & Assiniboine River.

AMAZING 4 BR, 3 Bath, HWFS, Designer Kitchen, Family Room, fireplace, Rec rm, Double Attached Garage, Fenced Yard.

2048 sq. ft. Family Home!

Maple Floors, 2 Fireplaces, Heritage kitchen 4 BRS+ Den, 3 Baths Family Room, Balcony Rec room 2nd fireplace. 152 deep lot, Attached Double Garage

Wonderful Westwood $298,900

Something Special in Lindenwoods $429,900

Gorgeous Custom Built 4 BR 2 Storey home on quiet Bay. Hardwood floors, L-shaped Living/ Dining Room, Family Kitchen.6 appliances, Rec. Room. Upgraded throughout. fenced yard attached carport.

Custom built by Ventura Homes 1800 sq. ft., Cab over Design, Vaulted ceilings, LR/DR, Open kitchen/Family Room, Fireplace, 3 BRS, King sized Master, deluxe ensuite. Double Garage, fenced pie shaped lot.

St Charles Golf & Country Club $499,900

Just down from Machray Park $194,900

Executive Style, Custom built by Ladco Former show Home 2440 sq. ft .Open plan, loaded with natural light 3 BRS + Loft. 4 Baths, FF in lower level, Rec room, Fenced Yard, Deck, Double attached Garage!

Gorgeous starter home.

HWFS, Coved ceiling, White Kitchen, 2 BRS + den, Rec room, Garage, 122 ft Deep backyard.

Joanne Gebauer Surrounded by Success 204-889-9500 joanne@joannegebauer.com www.joannegebauer.com

Providing professional service with 30 years of experience.

2012 Gold Medallion Winner

2012

Top 100 RE/MAX Individual Agent Worldwide 2012

RE/MAX LIFETIME ACHIEVEMENT

RE/MAX DIAMOND AWARD

RE/MAX PLATINUM CLUB

PRESTIGIOUS CHAIRMAN’S CLUB

Winnipeg REALTORS® MEDALLION AWARDS 1985-2012

RE/MAX HALL OF FAME AWARD

GOLD MEDALLION 2012

#1 RE/MAX Female Individual Agent Manitoba 2012

It pays to use a REALTOR®

executives realty

Top 100 RE/MAX individual Agent Worldwide 2012

2013 CONDO WATCH WATCH 2012 CONDO The demand continues...

2011 was a record breaking year 2012 for CONDO SALES in Winnipeg If you are thinking of buying or selling a condo this year, please talk to me first!

My specialty is connecting interested buyers with the condo they are searching for.

If you would consider an offer on your condo, now or in the future, please contact me, as I will provide you with a current market evaluation at no cost or obligation to you.

KEVIN MOIST TEL: (204) 792-7000 kmoist@remax.net

performance realty #1 RE/MAX Agent - Manitoba 2006 - 2011 Transaction Award 2000 --2011 2012 WINNIPEG REALTORS “GOLD MEDALLION AWARD” 2000 TOP 5 RE/MAX AGENT WESTERN CANADA 2009 - 2011 2010--2011 2012 TOP 100 RE/MAX AGENT WORLDWIDE 2010

ww w.kevi n moi st .com

Call -Call KEVIN MOIST CallCall - 204-792-7000 - KEVIN MOIST - 792-7000 Not intended to solicit properties currently listed for sale.

WINNIPEG HOME & CONDO G UID E

3

204.475.9130 mnicolas@sutton.com WhatsBetterThanSold.com

CURRENTLY LISTED...

Harewa Homes

Two lots available in White Horse Estates in Phase 1. Please call for pricing.

Creek Bend Hollow Starting in the low $500,000’s

Only 11 units left! Starting at 1700 sq ft with superior materials and construction. Large lots with triple garage on all units and custom finishing options

3-40 Quailridge under construction $269,900 Call for details

JUST SOLD...

Now building in White Horse Estates. ICAN construction is one of the premier custom builders in Manitoba. Lets work together to build your dream home! Please call for pricing.

Under construction on Nihal Bay $335,700 Call for details

245 Roseberry Street $249,900

This 850 sq ft bi-level features 2 bedrooms, main floor bathroom and vaulted ceilings.

Professional Photography • Home Staging • Professional Cleaning INCLUDED WITH EVERY LISTING!

Sutton Group Kilkenny

Not intended to solicit currently listed properties.

contents

VOLUME 6 ISSUE 5 | JUNE 7 - JULY 5, 2013

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

SALES MANAGER

Kate Nash

EDITOR-IN-CHIEF, NATIONAL REAL ESTATE

Susan Legge EDITOR

Elisa Krovblit Lydia McNutt (on leave)

ACCOUNT EXECUTIVES

Kim Smith Don Walters

204-949-6801 204-949-6409

SALES CO-ORDINATOR

Steve Nelson

CONTRIBUTING EDITORS

Sara Duck, Wayne Karl PRODUCTION MANAGER

Bala Gnanapandithan ART DIRECTOR

Sarah Jang

GRAPHIC DESIGNER/ DISPLAY ARTIST

Mike Terentiev

PRODUCTION COORDINATOR

Bala Menon

CIRCULATION

Winnipeg Edition

Fiona Sewell

ON THE COVER

June 7 - July 5, 2013, Volume 06 Issue 05

Your Best Source for Homes & Condos

See pages 10-11 for more information

SEE PAGES 10-11

INSIDE THIS ISSUE

DOWNPAYMENT ADVICE FOR FIRST TIME HOME BUYERS

IS PAYING OFF YOUR MORTGAGE BAD FOR YOUR NET?

INSIDE THIS ISSUE 06. EDITOR’S NOTE 08. FINANCES: First time home buyers, speedier down payments 12. PROFILE: Luxury living soars downtown – D Condos set the bar high

by Margaret Anne Fehr 16. MONEY MATTERS: Why are you in debt?

by Gail Vaz-Oxlade 18. MORTGAGE FINESSE: Is paying off your mortgage bad for your net?

by Calum Ross

19. PROFILE: Glasshouse Condos: Sky’s the limit for downtown living

by Margaret Anne Fehr 22. IN THE NEWS: Why most renovations start in the kitchen, and what homeowners might be missing

The Winnipeg Home & Condo Guide is published

by Wall2Wall Media located at 1765 Kenaston Blvd., Unit T, Winnipeg, MB, R3Y 1V8. Home & Condo Guide is distributed free throughout Winnipeg 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 & Condo Guide and not that of the advertiser. The advertiser has purchased the right of reproduction in Home & Condo 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.

28. QUICK TIPS: Top tips for first-time homebuyers

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

30. QUICK TIPS: Three questions to answer before you buy a home

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

6G. QUICK TIPS: Three questions to answer before you buy a home

Published by

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Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

FOR MORE INFORMATION, CALL 204.949.6408

WINNIPEG HOME & CONDO G UID E

5

editor’snote

g

Finding the

DOWNPAYMENT

etting a down payment together for your home purchase doesn’t have to be a major obstacle when you have the facts straight. Canada Mortgage and Housing Corp. has a comprehensive website, found at cmhc-schl.gc.ca, which can help guide you. Not only will you find an extensive list of how-to’s, including tips and mortgage insurance information in the online step-by-step resource guide, the site also outlines Government of Canada home-ownership incentives.

As an example, first-time buyers can still take advantage of the Home Buyers’ Plan to withdraw up to $25,000 from their Registered Retirement Savings Plan (RRSP), taxfree, to add to their down payment and for other purchase-related costs. A spouse or partner can also do this, giving you up to a total of $50,000 toward your home. To avoid tax liability on the withdrawn funds, you will be required to repay the money to your RRSP account within 15 years.

If financial stability, pride of ownership, long-term investment and peace of mind sound attractive to you, check out what’s available in the Hamilton real estate market.

Susan Legge EDITOR-IN-CHIEF Wall2Wall Media, Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

b

Where to

START

uy first? Sell first? I really don’t have the answer. I’ve done both. While I don’t think one is better than the other in general, I do think you need to know what facts are influencing the market and you need to understand what the risks, options and alternatives are.

In the extreme, either option is quite frightening: If you sell but can’t buy, you’re homeless. You’ll have to pack it all into storage and rent or move in with family. If you buy but can’t sell you’ll end in financial devestation if you can’t carry both mortgages.

In reality, there are a lot of other options and considerations.

Selling first is usually better if it’s a buyer’s market – more homes available than buyers and lower-trending prices. Buying first is usually better in a seller’s market – limited housing inventory and quickly rising home prices.

You don’t ever want to feel under pressure to make the purchase or sale, it causes you to lose negotiating power, which usually leads to a less beneficial financial transaction. If you have options for where to live or can carry two mortgages, even through bridge financing, you give yourself some leeway, but ideally a smooth transition from one residence to the next is the goal. It can be nerve-wracking, but it’s all negotiable.

A combination of a good agent and a strong understanding of the process through research and expert advice – like the articles featured in Resale Home & Condo Guide – will help prepare you for that purchase.

Elisa Krovblit EDITOR Elisa.Krovblit@wall2wallmedia.com Follow me on Twitter at Twitter.com/ElisaKrovblit

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WINNIPEG HOME & CONDO G UID E

new beginnings • • • • • • • • • • •

1&2 bedrooms one bedrooms start at $214,900 2 bedrooms range between $269,900 to 309,900 underground parking included meeting room & fitness room stainless steel appliance package (fridge, stove, dishwasher, microwave) washer and dryer included granite counters are standard sunrooms available in some units construction starts in the summer of 2013 possession date is scheduled for summer of 2014 The presentation centre is at

3485 Pembina Highway

David Powell

Powell Property Group

204.977.2142 allurecondos.com

finances

First time home buyers, speedier down payments

H

ome ownership is a big dream for many young Canadians, and is likely the single biggest investment most of us will make in our lives. While saving for a down payment can be challenging, Farhaneh Haque, director of mortgage advice at TD Canada Trust, says that young Canadians can save for a down payment a little quicker by following a few simple rules.

Those who have been acTively saving For Their reTiremenT can access up To $25,000 From Their rsps To bump up Their down paymenT when They purchase Their FirsT home.

“First, examine your budget and set a savings goal,” says Haque. “Take advantage of online budgeting tools to gain insights into where you spend your money. Also remember that in addition to your down payment you will need to save for the additional costs involved with a home purchase, which include land transfer tax, moving costs and legal fees.”

Next, curb your spending and increase your savings. “Even a small adjustment in your spending habits can go a long way toward helping you save

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WINNIPEG HOME & CONDO G UID E

a bigger down payment,” says Haque. “For example, consider using transit to get to work instead of driving and paying for parking – it can really add up over time.”

One of the most effective – yet overlooked – strategies is to put money aside before you can spend it. Haque suggests setting up a regular, preauthorized transfer service that moves a specific amount from each pay cheque into a high interest savings account. Making savings automatic is a simple and effective way to stay disciplined while saving for a down payment.

Finally, Haque reminds first time home buyers that they may be able to take advantage of the federal government’s Home Buyers’ Plan. “Those who have been actively saving for their retirement can access up to $25,000 from their RSPs to bump up their down payment when they purchase their first home. The RSP funds must be paid back within 15 years, so it is important to factor this repayment into your monthly budget.”

For more advice on saving for a down payment, visit www. tdcanadatrust.com/homeownership. www.newscanada.com. NC

330 BOYD AVE. $169,900

D L SO

Newer family home in well-established area.

Features 3 bedrooms, 2 full bathrooms, open and spacious living room/dining room combo, a fully finished basement with rec room, games area and 2 extra potential bedrooms(bars must be removed from outside windows to use as bedrooms), central airconditioning, and large backyard with sliding fence door for security. All 4 major appliances included. Close to shopping, restaurants and transportation. A great house for a great price

D L SO

387 HANEY STREET $274,900

303 POLSON

Great Orientation master bedroom faces east for morning sun Living room faces west for afternoon/ evening sun, HE furnace ‘12, R50 insulation, Elec hot water tank Hi end lam floor in kitch, exc lam floor in hall, bdrms Armstrong tiles. Basement has lge R Rm & 4th bdrm, Oak flooring in living room, fridge, glass top stove & dishwasher

Nice location of this 3 bedroom 2 full bathroom home. Hi E gas furnace, electric hot water tank, most newer windows, large eat-in kitchen, spacious living room with formal dining room. Best value in the neighborhood.

NOT EXACTLY AS SHOWN

for more info go to www.100massaliadrive.com

3 Bedrooms and 1 Bathroom.

Remodelled main floor, lots of room, nice location and well priced

for more info go to www.80massaliadrive.com

NOT EXACTLY AS SHOWN

100 MASSALIA DRIVE $549,900

Brand new 1800 square foot bungalow to be built by Gino’s Homes. Similar plan and options as our current show home at 59 Dennis Lindsay Road. Build as advertised for this price or choose a different plan and options or have new plan custom designed. Features 3 main floor bedrooms, a large open great room concept, a fully finished basement with a 3 piece bathroom and 2 extra bedrooms, over sized 22x22 foot double attached garage, upgraded exterior with stone finish.

Beautiful park lot with view of the lake. Price is subject to change without notice (prior to purchase).

1152 GARFIELD STREET $159,900

NOT EXACTLY AS SHOWN

SOLD BEFORE IT EVEN HIT THE MARKET

80 MASSALIA DRIVE $669,900

ONLY 19 LOTS AVAILABLE

2200 square foot bungalow to be custom built by Gino’s Homes in the final phase of lake lots to be developed. 3 bedrooms, a full walkout basement with piles, steel beams and structural wood floor, allowances for upgrades to exterior, hardwood and ceramic floors, 9 foot main floor ceilings, granite counter tops in addition to all of Gino’s high quality standard items such as oak trim and doors, maple kitchen cabinets and bathroom vanities, gas fireplace, rounded drywall corners, triple attached garage, etc. Build as advertised for price shown or have your own plan custom designed and choose your own options (price adjusted accordingly). Price includes lot and g.s.t.

1.37 acre lot available in new upscale subdivision in West St. Paul. Frontage 177 feet, total lot size 59,677 sq. ft.

Choose your own builder and build your dream home in a peaceful country setting just minutes away from the city and all its conveniences.

164 LAKEBOURNE DRIVE $449,900

55 DEGNER PLACE $399,900

To be built by Gino’s Homes. 1900 square foot 3 bedroom, 2.5 bathroom 2 storey home in Phase 15 of Amber Trails. Features high quality maple cabinets and oak finishing throughout, gas fireplace, rounded drywall corners, silent floor system, 22x22 foot double garage, generous flooring package, exterior upgrade allowance, piles , paved driveway, etc. Call for complete details. Choose any floor plan, bring us your own or we will custom design a plan just for you. Price includes house, lot and GST. Sample only, no house currently built on this lot.

To be built by Gino’s Homes. 1500 square foot 3 bedroom, 2 bathroom bungalow in Phase 15 of Amber Trails. Situated on a pie shaped lot on a quiet cul de sac.

Features high quality maple cabinets and oak finishing throughout, gas fireplace, rounded drywall corners, silent floor system, 22x22 foot double garage, generous flooring package, exterior upgrade allowance, piles , paved driveway, etc. Call for complete details. Choose any floor plan, bring us your own or we will custom design a plan just for you. Price includes house, lot and GST. Sample only, no house currently built on this lot.

Jordan Katz & Associates

IF YOU ARE PLANNING TO BUY OR SELL A HOUSE AND NEED GREAT RESULTS CALL NOW

More Listings Available - Not Shown here!

Call for Details 204-777-9999 or Email katzhomesellingteam@live.com Jordan Katz TEAM LEADER

Priscilla Santos Marc Goldberg TEAM ASSOCIATE

TEAM ASSOCIATE

Jamie Nault TEAM ASSOCIATE

WINNIPEG HOME & CONDO G UID E

9

Downtown Winnipeg’s New Standard in Living

Soon to rise on the banks of the Assiniboine River at 390 Assiniboine Ave, site of the former Restaurant Dubrovnik! This striking new 24 storey condominium offers a collection of suites boasting breathtaking views of the river and city center.

The ultimate in luxury features and fi nishes. Superb amenities.

Heated parking. Neighbouring the legislative building and close to the Forks, this prime location is steps from fashionable restaurants, bars, bistros, cafes and Winnipeg’s major cultural attractions.

Unit sizes from 700 - 2400 sqft Ultimate Units starting at $283,000 for 700 sqft PenUltimate Units starting at $421,000 for 1010 sqft Prices include Heated parking, Storage lockers, 5% GST

Visit the Sales Office and Model Suite Today LYNNE DUBIENSKI 204-295-9067 Rendering is artist’s concept only. Prices and specifi cations are subject to change without notice. E. & O. E.

Under Construction Spring 2015 Possessions Luxurious condominium living on the river

profile

Luxury living soars downtown D Condos set the bar high

A

// B Y M A R G A R E T A N N E F E H R

river view, the River Walk and the convergence of the Red and the Assiniboine Rivers just steps away at the Forks Market are the unique location features of the contemporary styled D Condo highrise presently under construction at 390 Assiniboine Avenue.

Set to welcome residents in spring of 2015, the 24-storey luxury-style condo on the banks of the Assiniboine River features striking contemporary design and premium amenities that have set the bar extremely high, says Karampaul Sandhu, president of Sandhu Developments, an established Winnipeg condo development company. “It clearly is the first of its kind luxury style highrise condo project in downtown Winnipeg, and we are so pleased to be able to introduce it into this market.”

Mr. Sandhu notes that the surrounding neighbourhood is steeped in history, teeming in urban attractions including chic restaurants, trendy bistros and fresh food markets at the Forks, in addition to year round recreational activities that provide access to an active lifestyle in a scenic setting. “Residents can basically step out the door to go for a run on the River Walk or enjoy a skate on the river during the winter.”

The modernist architectural concept of the building and cutting edge design signals a new generation of urban living that will appeal to both young and established professionals.

Designed by Winnipeg lead architect Verne Reimer in collaboration with Vancouver architectural firm Endall Architecture.

D Condos exude rare distinction starting with the richly appointed two-storey entrance lobby featuring rich woods and polished stone, to the indoor and outdoor lounges set on the 24th floor providing an unparalleled skyline view plus the everyday convenience of an on-site fitness facility, guest suite,

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WINNIPEG HOME & CONDO G UID E

car wash as well as five levels of above ground heated parking.

The floor plan for each storey has been designed to exacting standards with a maximum of six open-concept condos per floor ensuring that each suite features a breathtaking view of its riverfront and cityscape location.

Minimum nine-foot ceilings, hardwood flooring, Scavolini kitchens, Caesarstone countertops and other ultra finishes contribute to a stunning visual environment that is both warm and modern.

Ultimate units from 700 square feet start at $283,000 while Penultimate units starting at 1010 square feet are priced at $421,000. Prices quoted include heated parking, storage lockers and five per cent G.S.T. The D Condo sales office is located at 379 Broadway.

Lynne Dubienski, sales representative, is available to answer questions at 204-295-9067 or at lynne@ monopolyrealty.ca

AT OAK FOREST CRESCENT

CONDOMINIUMS

LOCATION The Oaks Country Estates is located within The Oaks - Assiniboine River West, a charming subdivision that combines both the convenience of city living with the lifestyle and surroundings of a secluded country estate. These condos truly define City Living, Country Style.

PLANS 1392 - 1450 sq ft.

Detached bungalow, detached 2-storey, and semi-detached 2-storey plans available.

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WINNIPEG HOME & CONDO G UID E

T

Chris Pennycook Blair Sonnichsen Tyson Sonnichsen

204.831.4868 www.oakscountryestates.ca info@the-oaks.ca

S

2

S

TRANSCONA CONDOS

1 Bedroom Suites available starting at

144,900

$

2 Bedroom Suites available starting at

159,900

$

Renovated from top to bottom Upgrades include new windows, kitchen, bathroom, flooring and the list goes on and on. Great location and close to all amenities, act fast. Quick possession is available. 1 parking stall included in purchase price.

To View Call For An Appointment

TO VIEW CALL FOR AN APPOINTMENT

Steve Joyal 204.955.3900

Ron Lindsay 204.797.4020

moneymatters

Why are you in debt?

B y G a i l Va z - O x l a d e

O

ften people who are in debt say they no longer want to be in debt. And often they take the steps to get themselves out. But, it seems to me, just as often people who claim they want to get out of debt do little to change their behaviour and their outcome. They keep on doing the things that got them into debt in the first place. Here are the first four of 15 questions you may want to ask about why you’re in the hole. ›› Do you buy stuff you don’t need? The biggest cue that you’ve got the impulse monkey on your back are the things you have bought but not used: the clothes with the tags still on, the shoes you have yet to wear, the new dishes you’ve used just once or twice in the six months that you’ve owned them.

Impulse shoppers are the first to admit they have a problem and the last to do anything about it. If you’re an impulse shopper, you need to remove the fuel for the impulse. That means cutting up your credit cards – or disabling them in some other fashion – and limiting the amount of cash you carry. It also means leaving your debit card at home unless you’re headed out to take care of a need: gas, groceries, etc. When you do go shopping, you have to use a list and never stray from it.

Window shopping is torture for the impulse shopper so don’t browse stores or participate in this female bonding ritual since you’re just teasing yourself by drooling over a bunch of stuff you don’t need. ›› Do you use credit to buy things you can’t afford to buy with cash? Hey, when you spend money you don’t have by using your credit card, line of credit or overdraft, you’re doing the wrong thing, plain and simple. If you can’t afford to pay for something in cash today, you should not be buying that thing, I don’t care how important you think it is, how great a deal you’re getting, or how desperate you feel.

Using credit is no way to get out of debt. Put away all forms of credit and commit to building yourself a budget that balances. If you want something, you’ll have to give something else up to accumulate the cash you need to buy it. If you can’t come up with the cash, you must not want it badly enough. ›› Do you buy things for a one-time use that you could borrow from a friend or rent? Practically everyone is guilty of this. You need something such as a sewing machine or power washer twice a year so you go and buy one and then watch it – and the money you spent, likely on credit – sit and grow cobwebs (and interest charges). What’s with us all? Do we have to own everything we ever use? In the old days, friends borrowed from each other and stuff got way more use. Now our possessions are so much a part of who we are we: a) hate to lend, and b) hate to have to admit we don’t already have one. Dumb! And why do we feel the need to apologize because we don’t have the right kind of wine glasses when entertaining guests? “Sorry, I only have these cheap glasses.” It’s a glass, for heaven’s sake!

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WINNIPEG HOME & CONDO G UID E

›› Do you buy certain brands because they are a status symbol? While any car gets you from point A to point B, the high-cost, brand-name buggies come with “oohs” and “ahhs” from friends and relatives. Ditto with the D&G sunglasses, the LV handbags, the CL shoes . . . I could go on forever.

If you’re paying a premium to have a brand name, you have to ask yourself why. Is it because you don’t have confidence in your own sense of style?

Is it because you’re trying to emulate the dudes and dames of TV and movie fame, wearing what they wear, driving what they drive, eating what they eat?

How come? Is your life so sad that you’re trying to escape?

Hey, I’m all for spending your money on the things that bring you pleasure, so if you’re not using credit to make expensive brands part of your image, I’m not talking to you. But if you are using credit, what makes you think you have the right to this stuff if you can’t afford to pay for it?

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade. com. Follow Gail on Twitter at twitter. com/GailVazOxlade

D

Best Condo Value in Manitoba

DISPLAY SUITE NOW OPEN

135 Main St., Landmark, MB

Display Open Every Saturday in May & June 1-3 pm

Other viewing times by appointment only Paul

Warkentin 204.989.6900

204.989.7938

tniblock@mts.net www.niblockrealestate.com

1029, 1119 & 1409 SF SUITES 2 & 3 BEDROOM UNITS Heated Underground Parking Six Appliances Included In-Suite Laundry Forced Air Heating and Cooling Elevator Storage Lockers Condo Fees $185/month

FROM

214,400

$

www.parkbridgecondos.ca

G.S.T. Included

WINNIPEG HOME & CONDO G UID E

17

mortgagefinesse

is paying off your mortgage // b y C a l u m R o s s

o

ng.

s

I

n a society where financial-planning education and resources are readily available, it is difficult to believe that most people do not understand how to use their cash flow and capital effectively. When determining top financial objectives, a large number of people put building their net worth and paying off their mortgage at the top of their list. While at face level these seem to be rational choices, these goals may contradict one another, and sometimes being mortgage-free is a detriment to building net worth.

With rates of returns in the equity markets once again showing positive returns, RRSP contributions and investments are once again a hot topic. The challenge that this presents for most individuals is clear – with a finite income, how does one allocate capital to acquire that net worth figure that brings you to the point where work is something you choose to do rather than need to?

The RRSP-versus-mortgage debate has long been the source of controversy. While there is no definitive answer, here are some rules that will enable you to make an informed decision.

The major factors influencing the choice of options are the mortgage interest rate versus the expected return in the RRSP, the investment time horizon versus the mortgage time horizon,

ut

o

ere

18

WINNIPEG HOME & CONDO G UID E

bad for your net?

the availability of RRSP contribution room, and the ability to capitalize on mortgage prepayment privileges.

Given an expected RRSP return equal to or greater than the mortgage interest rate, and an investment time horizon equal or greater than the likely mortgage life, maximizing RRSP contributions generally maximizes net worth because the taxsheltered growth of an RRSP means you get compounded growth for a long period. Conversely, as the mortgage interest rate is greater, or the investment time horizon decreases, it becomes more attractive to prepay the mortgage.

Those who are fortunate enough to have used up all of your RRSP contribution room should look at whether borrowing to invest outside of your RRSP is wise. While all the same principles stated above apply, there are a couple of distinct elements to review. When considering building an investment portfolio outside of your RRSP, compare your after-tax rate of return relative to your after-tax cost of borrowing. Generally, if you borrow to invest (with the expectation of gain) then the interest borrowed on that money becomes tax deductible. This means the real rate of interest to the borrower becomes one less your marginal tax rate percentage times interest rate on the money borrowed.

Next, determine your after-tax rate of return. When investing outside of RRSPs, keep in mind that not all investment income is treated equally for tax purposes, and the difference depends on your personal tax bracket. To optimize your after-tax rate of return, seek capital gains first, dividend income second, and interest income third.

A common misconception is that wealthy people do not have mortgages. The odds are that if you know a wealthy person without a mortgage then they likely inherited their money, do not have a good financial adviser, or are highly risk averse. With interest rates where they are today, paying off your mortgage is, in all likelihood, not a wise financial decision if your hope is to have the highest and best use of your capital.

Take solace in this – the next time you are at a party or family function and someone smugly tells you that they have paid off their mortgage, odds are they know little about personal finance and will likely limit their personal net worth as a result.

Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional.

South Winnipeg’s Most Exclusive Gated Community

Now Selling!

ONLY 11 LOTS LEFT

SOLD SOLD

Call

SOLD

SHOW HOME

SOLD

• Starting at 1700SF • Superior materials and construction • Large lots with triple garage on all units • Custom finishing options

SOLD

Matthew Nicolas or Jim Wall to start planning your dream home

Sutton Group – Kilkenny Real Estate

(204) 475-9130 mnicolas@sutton.com jwall@sutton.com

www.creekbendhollow.com www.whatsbetterthansold.com This is not intended to solicit currently listed properties. *GST not included.

WINNIPEG HOME & CONDO G UID E -

1G

JUNE 2013 POSSESSION

GRANDOPENING

glassho

Show suite 155 Sherbrook • Sherbrook Street south of Broadway Ave • Starting in the $180’s • Concrete and Steel Construction • High quality granite kitchens with stainless steel appliances

Lynne Dubienski 204.295.9067

sandhudevelopments.com

glasshouseADcgFINALjuneAPPROVED:Layout 1 13-05-29 6:52 PM Page 1

50 suites sold opening weekend!

glasshouse house skylofts in the city

a whole new style of urban living in the heart of a downtown on the move skylofts from

$174,900 taxes included

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great selection of lofts now available visit our new pop-up store at cityplace 333 st. mary avenue @ hargrave thursday-friday 12-6 pm saturday-sunday 12-5 pm

glasshousewinnipeg.com for more information, call 204.282.9658

Broker: Stevenson Management All renderings are an artist’s impression. Sizes and specifications are subject to change without notice. E.&O.E.

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Join A community of DiScErning conDo ownErS StaRting at

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For more information contact the Ross Sisters Laura Ross (204-999-5067) Marnie Ross (204-999-4363)

The RossSisters & Associates

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now SElling

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the spectacular beauty of the historic Seine river combined with stylish, eco-friendly living. the oxbow gives you the best of both worlds. outStAnDing vAluE for your invEStmEnt

PluS luxury fEAturES At no ExtrA coSt:

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• High-end plumbing fixtures • Engineered Hardwood floors • Granite or caesarstone counter tops in Kitchen and bath • spacious 9' and 10' ceilings

Heated indoor parking concrete construction Energy efficient design 10 Unique Floorplans from 796 to 1,423 sq ft.

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For hours and more information visit our website.

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profile

The Village Junction Condos Where style and substance intersect // b y M a r g a r e t a n n e F e h r

photo by: Bryan Scott

I

t’s the ongoing reinvention of Osborne Village as a place to live, work and play that earned the neighbourhood national recognition in 2012 as Canada’s best place to live, according the Canadian Institute of Planners.

Now there’s another compelling reason to call Osborne Village home with the announcement of The Village Junction Condos by Ventura Developments. Optimally located at the convergence of Stradbrook Avenue and Scott Street, the 36-unit condominium is set to become one of the neighbourhood’s most exciting addresses.

The vision guiding the project is the creation of attainable, new construction with contemporary flair for young professionals and empty-nesters eager to adopt the area’s coveted urban lifestyle, according to Jonathon Freed, director of multi-family development and Tim Comack, vice-president of development.

“Simply put, Osborne Village gives people who live there so many different things to do, from street festivals to cultural events, to the urban village lifestyle that includes restaurants and night clubs to fitness and yoga facilities,” says Tim. “It’s all at your doorstep and within walking distance.”

Designed by Prairie Architects, one of the foremost residential architectural firms in Manitoba, the building will incorporate the best aspects of contemporary design.

“The building has been designed to incorporate significant energy efficiency features in the windows, the HVAC system and the building envelope itself,” says Tim, “with

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the exterior reflecting a contemporary profile injected with elements of warmth.”

The Village Junction Condos will feature one- and twobedroom units with floor plans ranging from 725 to 1025 square feet. The open-concept plans incorporate designer flair, from nine-foot ceilings, engineered hardwood flooring, granite countertops, custom kitchens, in-suite laundry, walk-in closets and spacious bathrooms. Each suite enjoys a premium view from a spacious private balcony. Covered grade-level parking with full security features and storage lockers round out the amenities roster.

Prices range from $ 229,000 to $319,000. Jonathon reminds prospective buyers that discounts will be offered during the pre-sale period that is set to launch within the next four weeks.

Construction on The Village Junction Condos will begin in the fall of 2013 with possession date to follow in the fall of 2014.

“Osborne Village is currently in the process of further revitalization,” says Tim, “and the resurgence has been quite strong, bordering on booming. Retail stores and restaurants are opening and attracting lots more young people to the area. The amount of current construction and plans for the future makes it all very exciting. The area is both established and evolving.”

The Village Junction Condos are located at 369 Stradbrook Avenue. For more information 204.94.CONDO (26636) or email info-condo@ventura.mb.ca or visit villagejunction.ca.

WINNIPEG WINNIPEG HOME HOME & CONDO & CONDO G UID G UEID E

VC_

STUNNING STUNNING

STRADBROOK STRADBROOK

Coming This June Experience, open concept designs, private balconies and covered, secure parking, Coming This June right in the heart the city.designs, With only 36 units available, in size from Experience, openofconcept private balconies andranging covered, secure parking, 725 to 1,025 square feet, The Village Junction is Osborne’s next up-and-coming right in the heart of the city. With only 36 units available, ranging in size from condo development.

725 to 1,025 square feet, The Village Junction is Osborne’s next up-and-coming condo development.

The Suites The Building • Open concept The Suites • Nine foot ceilings • Open concept • Expansive, private balconies • Nine foot ceilings • In-suite laundry • Expansive, private balconies • In-suite laundry

Walk-in closets Custom kitchens with granite Walk-in closets countertops and islands • Custom kitchens with granite • Available in one-bedroom countertops and islands and two-bedroom units • Available in one-bedroom and two-bedroom units •

• •

• Covered, secure parking The Building • Heated interior • Covered, secure parking storage lockers • Heated interior • Energy efficient design storage lockers • Energy efficient design

Starting at $229,000 tax included Starting at $229,000 tax included Garry & Debbie Hirsch (Cornerstone Real Estate) 204.94.CONDO (26636) • info-condo@ventura.mb.ca Garry & Debbie Hirsch (Cornerstone Real Estate) 369 Stradbrook Avenue • villagejunction.ca 204.94.CONDO (26636) • info-condo@ventura.mb.ca

HOME & CONDO G UID E 369 Stradbrook Avenue •WINNIPEG villagejunction.ca

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Your Community, Your Lifestyle, Your Home!

COMING SOON Located in Waterford Green • Contemporary Townhouses • Open layout concept • 3 Bedrooms, 2.5 Bathrooms • 1228 sq. ft.

• 9’ Basements • Maple Cabinetry

204.453.7653

Sales, information and appointments

GREG GREWAL

profile

Glasshouse Condos Sky’s the limit for downtown living

// b y M a r g a r e t a n n e F e h r

D

estined to become the centrepiece of Centrepoint, the 200,000-square-foot mixed-use tower development to be built directly across from the MTS Centre, Glasshouse skylofts will definitely bring the bling to Portage Avenue thanks to its striking glasssheathed profile ascending skyward, the work of locally based Stantec Architects.

The 21-storey structure has been designed to dazzle with 200 skylofts that David Wex, partner with Toronto-based Urban Capital, deems as attainable for buyers who desire style, comfort and convenience in the soon-to-be-revitalized 11-block Sports, Hospitality and Entertainment District (SHED).

“We expect that Glasshouse will attract people who are excited to live in a vibrant, urban environment – whether young professionals or empty-nesters or even investors, the demographic is really more in your head than it is your age,” says Wex. “The common denominator will be design-conscious urban lifestyle people who will be drawn to the concept.”

With pricing starting at $169,900 for a 435-square-foot unit, to an 822 square foot two-bedroom suite at $324,000, owning a place in the sky is definitely within reach, says Wex. Prairie dwellers accustomed to wide open spaces will be really surprised about the sense of space that comes with these loft-style units. “People are blown away when they come experience our pop-up model suite.” Wex adds, “they can’t

believe how functional and open-feeling the space is.”

With nine- or 10-foot ceilings standard in all suites and the panoramic viewed afforded by floor to ceiling windows throughout, the overall effect is spacious and engaging within the context of the urban environment and Portage Avenue skyline.

Amenities abound, including the 21st floor outdoor rooftop terrace, lounge and resort-style cabanas, second floor private screening room and fully equipped exercise room that will serve as an extension of the condo living space. “If you want to have friends over and make a big dinner, but you don’t want to do it in your unit, you can reserve the rooftop lounge and kitchen/bar and have dinner there along with an amazing view of the city from the rooftop,” says Wex. “Or get your friends together to watch a Jets game, or a sporting event or a movie in the screening room.”

The opening weekend saw 50 sales from the pre-registrants who attended. “It’s all very exciting for those who are getting in on the ground floor of downtown revitalization,” says Wex. Construction will start early in 2014 with possession slated for late 2015.

The Glasshouse pop-up store is open in the Atrium of CityPlace located at 333 St. Mary Avenue.

For more information contact 204-282-9658 or info@glasshousewinnipeg.com

Come Join our

ALL MONTH

“PARADE OF HOMES� in Meadowbrook Villas, Sanford priced from $195,900.00 to $300,000.00

Meadowbrook Villas is a 50+ active living condominium community located on the LaSalle River in Sanford

12 minutes south west of KENASTON COMMON ON MCGILLIVRAY BLVD. AND HIGHWAY 3. Meadowbrook combines the highest standard of manufactured home living with beautifully landscaped grounds in a relaxed natural setting.

The homes offer 1216 to over 2100 sq. ft. of living space complete with a double garage.

Our custom built homes feature a master bedroom w/ensuite, 1 or 2 additional large bedrooms, 2 complete baths, fully appointed kitchen, dining/living areas.

Starting from $195,900 plus GST. Condo fees $165 p/month including water.

DISPLAY HOURS:

Blair Sonnichsen

Saturday 12:00 p.m. - 2:00 p.m.

204.989.5000

.

The Riverfront Community Centre is the social hub of the community featuring a common kitchen area, multi-purpose room for special events, crafts room and billiards and card playing area

Sunday 3:00 p.m. - 5:00 p.m.

www.Winnipeghomes.com

Secured concrete piles create a stable platform for your home

Tyson Sonnichsen

inthenews

Why Most Renovations Start In The Kitchen And

What Homeowners Might Be Missing What search data tells us about the average Canadian homeowner

E

ach year, OutRank by Rogers helps small businesses connect with potential customers by securing placement in the results of relevant consumer Google searches. When it comes to general contracting and home renovations, OutRank’s clients appeared in website results for over 2 million of these searches in 2012.

So what is the word most often used by Canadians when searching for a contractor online?

For over 850,000 searches that word is ‘kitchen’. This single room of the house is the focus of 44 per cent of keywords filtered through the OutRank database.

A conversation with contractors helps shed some light on what drives this key search term. “The kitchen is an essential room and people take pride in making sure it’s stunning.” said Nick Rudnicki, contractor and owner of Rude Works. “When you buy a home it’s the place where paperwork is signed. It’s also the reason why so many Realtors are great at baking cookies. When most people call or email our company it’s

because they feel their kitchen is no longer in style, but I’m from the East coast and we invented the kitchen party, so I get it.”

If the kitchen is the crown jewel of entertaining and the first room that many home buyers notice, it begs the question - what aren’t people searching for that might drive even more value to their homes?

For Rudnicki, “There’s a simple rule to keep in mind before setting a budget for your kitchen reno, take a look at the areas of your home that have gone the longest without being renovated.

Kitchens are frequently updated and may not be an indicator of the overall health and efficiency of a home.”

In B.C, Jim Frost of Frost Homes Continued on page 24

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WINNIPEG HOME & CONDO G UID E

u

4TH & FINAL PHASE NOW SELLING!

unbeatable value YOU CAN’T BEAT THE NEW HOME VALUE AT TERRA COMMONS

YOU CAN OWN FOR $505 BI WEEKLY oac plus property taxes and condo fees

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AMAZING FEATURES • Geothermal heating and cooling • High quality finishes • Quartz stone countertops • Glass mosaic tile backsplashes • High-end wood cabinets • Energy star stainless steel appliances • In-suite washer and dryer • New Home Warranty • Parking stall included • Onsite Management

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1225 Troy Ave. - Unit 1 Show Suite Hours Mon - Fri 1 - 6pm I Sat & Sun 1 - 4pm or call for appointment Walter Parfeniuk 204-795-9400 Ashley 204-979-1156 www.TerraCommons.ca I walter@parfeniuk.ca

Continued from page 22

recommends investigating what you can’t see. “Electrical is a big one, especially in heritage homes. Some older homes still have knob and tube wiring. It’s essential to look at areas like these. They can be a major risk to the lasting value of a home. In fact a lot of insurance companies charge a premium if your home is still wired this way.”

Even within the kitchen there is more a homeowner can do. Rudnicki suggests “a quick look for water damage or mold, especially before thinking about a renovation, can help identify big problems before you peel back a floorboard.” For Frost record keeping is essential. “Keep track of jobs that have already been done, especially permitted jobs and who did them”, he advises. “This information can be great to have, especially to share with a contractor before your next renovation.”

OutRank recommends searching for renovators who are equipped to handle more than just kitchen renos; remodeling, refacing, remediation, redesign are unique specialties among general contractors. If you are worried about electrical or piping problems in an old house, a search for a General Contractor who is licensed to deal with these systems can make a big difference. These infrequently used search terms can go a long way to telling you how qualified your contractor is to handle problems that might be invisible when a renovation starts.

“Every search matters,” says Carrie Shaw, Director Of Marketing, Outrank by Rogers. “A search can seem small, but the impact can be huge to a homeowner looking to build their dream home. Standing back and looking at the data as a whole gives context to just how big the home renovations market really is. We want to make sure that not only are we helping our contractors find the best jobs for them, but also that homeowners find the information that matters to them most in a sea of search results.”

In striving to connect the best contractors with the right job, OutRank’s data analysts have outlined 3 tips to help with your next Google renovation search.

ThRee TIpS FoR BRoAdenIng YouR InTeRneT SeARch And AddIng VAlue To YouR hoMe

Know when to search “Licensed” vs. “Unlicensed” Contractors Each province has its own requirements on what a contractor is required to know before becoming a provincially licensed contractor. For example an Ontario licensed contractor requires a speciality as a Master Electrician.

Knowing what skills you’re paying for when you search Licensed General Contractor can save you money or save you heartache.

Add specificity to your search with the 4 R’s: Remodeling, Refacing, Remediation, Redesign Each of these R’s means something specific in the home improvement world and can improve your search. Remodeling refers to improving a structure, refacing refers to aesthetic changes (frequently in cabinetry and counters), remediation refers to the removal of pollution or contaminants from the home environment and redesign is normally used in reference to changes in layout and aesthetic.

Search for specialists with specific materials Often subcontractors are necessary for a major redesign or remodel.

Specifying the key trouble spots or must haves such as flooring, plumbing, 24

WINNIPEG HOME & CONDO G UID E

or by preferred material types may help narrow down your search by more than a half million results. A search for “bamboo floors installation Toronto” will yield better results than “hardwood floors” when you know what you want.

ABouT ouTRAnK BY RogeRS

Rogers is a diversified public Canadian communications and media company.

We are Canada’s largest provider of wireless voice and data communications services and one of Canada’s leading providers of cable television, high speed internet and telephony services.

Through Rogers Media we are engaged in radio and television broadcasting, televised shopping, magazines and trade publications, and sports entertainment.

We are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For further information about the Rogers group of companies, please visit www.rogers.com

WINNIPEG HOME & CONDO G UID E

25

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The Oaks Condominiums are located only 8 minutes from the south Perimeter of Winnipeg in the community of Iles des Chenes.

These units offer 1200 sq ft. of living space. The main floor has a open concept perfect for your family. The second floor encompasses 3 good sized bedrooms and laundry station. The 4 piece bathroom can be accessed from the master bedroom as well as the hallway. The basement offers 600 sq. ft. for future development as well as roughed-in plumbing for 4 piece bath has been included. All appliances included: fridge, stove, washer, dryer, dishwasher, microwave.

One parking spot is provided per unit.

These units are evidence to good planning and superb quality construction by Prairie Life Developments.

RENEE DEWAR E 730 ST. ANNE’S RD, WINNIPEG MB R2N OA2 204 979LIST@GMAIL.COM I WWW.979LIST.COM

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quicktips

Top tips for first-time homebuyers

M

ore than ever before, first-time homebuyers are considering housing affordability.

“We want consumers to be comfortable with the financial responsibilities of owning a home, so it’s important to determine what you can afford in order to maintain a reasonable lifestyle once you’ve made the leap,” says Phil Soper, president of Royal LePage Canada. To assess if you are ready for homeownership, Soper offers this guideline:

A REAL ESTATE AGENT WILL HAVE KNOWLEDGE OF ACCURATE, REAL-TIME MARKET DATA TO LEVERAGE YOUR NEGOTIATING POSITION, AS WELL AS ACCESS TO PROPERTIES OFTEN EVEN BEFORE THEY ARE LISTED.

28

WINNIPEG HOME & CONDO G UID E

1. Determine your net worth.

Take your assets (earnings, investments, savings, vehicles and other items you own) and subtract your liabilities (car loans, lines of credit, overdrafts and credit cards). A positive number is a good sign that you may be ready to purchase your first home.

2. Hire a real estate agent.

Top agents have extensive experience and demonstrate dedication and commitment to helping their clients. Ask your family and friends for a referral, or explore real estate websites (such as www.royallepage.ca) to read profi les on agents, including their areas of expertise and languages spoken. A real estate agent will have knowledge of accurate, real-time market data to leverage your negotiating position, as well as access to properties often even before they are listed.

3. Make a list of your basic needs.

Is it important to you to be close to transit and amenities?

Do you intend to grow your family or do you have a need for extra space? Determine the factors essential to you in a home and which ones you may be able to live without. This will help you narrow your search and choose a home that is within your financial means. NC

NOT ALL CONDOMINIUMS NOT ALL CONDOMINIUMS ARE CREATED EQUAL ARE CREATED 13 EQUAL 0 2 G

CUSTOMIZED CONDOMINIUM MANAGEMENT SERVICES

IN N E P O E IC F F O A B TO I N Awe created and implemented a successful M For this reason L A R U customized condo management program in the following areas: R

For this reason we created and implemented • Newlycustomized constructedcondo condominiums a successful management program in the following • Condominiums that areas: were converted from

rental

• Financial only for smaller condominiums • Newly constructed condominiums • Condominiums that were converted from rental • Condominiums established and operating for over one • Financial year only for smaller condominiums • Condominiums established and operating for over one year • Enquire our elite property management program • Enquire aboutabout our elite property management program Contact Brydges Property Management to arrange for a customized management proposal tailored to your condominium’s Contact Brydges Property Management to arrange for a needs. customized 830 Scotland Avenue, Winnipeg, MB R3M 1X7 management proposal tailored to your condominium’s needs.

Phone: (204) 489-9510 Fax: (204) 975-1540

Email: reception@brydgespropertymanagement.com www.BrydgesPropertyManagement.com

WINNIPEG HOME & CONDO G UID E

29

quicktips

Three questions to answer before you buy a home now can help you avoid running into high debt or repayment problems down the road.

Farhaneh Haque, director of mortgage advice at TD Canada Trust, says that first time home buyers should answer three important questions before they start hitting any open houses this season.

1

Do I understand the process? It never hurts to meet with a mortgage specialist to learn more about the home buying process and the different mortgage options available, such as fixed versus variable rate mortgages, flexible repayment schedules, and even mortgages that offer cash back. Before falling in love with a home, consider getting pre-approved so you know what you may be able to afford and avoid getting disappointed by falling in love with a home that is outside your price range.

2

What is my personal debt load? If you have other obligations like a car payment or student loan, ensure you are taking on a mortgage that you can manage within your total budget. Try using an online debt management calculator to help determine how much debt you can reasonably take on based on your income, current debt payments and expenses.

3

P

reparing to buy a home requires more than just a down payment. Before you purchase property, take time to understand your available mortgage options and balance your debt load.

Thorough planning and smart budgeting

30

WINNIPEG HOME & CONDO G UID E

Can I afford my mortgage and save for the future?

Sometimes home buyers take on more debt than they can manage and quickly find themselves “house poor” – with no money left for future savings or a rainy day.

Before you take the leap into homeownership, crunch the numbers to ensure your budget reflects the lifestyle you want after you move into your new home, and you are clear on what sacrifices you may need to make to continue to live comfortably and save for your future.

For more information about buying a home, visit www.tdcanadatrust.com/homeownership. www.newscanada.com. NC

NO HIDDEN COST. EVER. AT

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Find out how we keep unit owners / board members / developers / realtors in the loop with our complimentary management web portal.

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Trish Chyborak Sales Representative

Serving Winnipeg, Selkirk, St. Andrews and St. Clements

204.475.9130

Kilkenny Real Estate Independently owned and operated

tchyborak@sutton.com

THIS IS A MUST SEE, CLOSE TO THE TOWN OF BIRDS HILL.

ONLY $179,900, WHY PAY RENT WHY YOU CAN OWN?

CHARLESWOOD CONDO-STOP CUTTING THE LAWN AND SHOVELLING THE SNOW

3 Bed, 3 bath on deep 5 acre lot perfect for boat or rv parking or maybe a shop. Almost new built on piles, awesome open floor plan featuring double sided fireplace and hardwood floors. Excellent finished basement (man cave perfect for the playoffs). Don’t miss out, call now!

MLS # 1308605

Very affordable, 2 bed, 2 bath cutie with very bright kitchen, spacious living room plus full insulated and drywalled basement and fenced back patio area with 2 level deck. Property taxes after discount are under $900 per year! Located on the edge of west kildonan, don’t miss this super starter, call now. MLS 1309243

2 Storey townhouse style home only $214,900 featuring 4 bedrooms on same level, 2 owned parking spots, gorgeous hardwood floors, 1.5 Baths, finished basement,spacious living room with garden door to private back patio with built in seating plus 5 appliances included. Hurry, call today for your appointment

To view these fine homes contact Trish Chyborak Sutton Group Kilkenny R.E. 204-475-9130

PERSONALIZED, KNOWLEDGEABLE, PROFESSIONAL CUSTOMER SERVICE.

WINNIPEG HOME & CONDO G UID E

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For commercial leasing opportunities please contact the administration office:

204-957-5904 Office hours: Monday - Friday 8:00 - 4:30 p.m.

Unit MZ 50 - 81 Garry St., Winnipeg

Looking for Prime Furnished Suites in Downtown Winnipeg?

FORT GARRY PLACE offers completely furnished one and two bedroom suites for short or extended term stays at very competitive rates. Included in the rate: in-suite laundry, weekly housekeeping, parking, utilities, high-speed internet, use of the pool, gym facilities on a pay as you go basis or monthly membership. Excellent downtown location, close to the Forks, shops, restaurants. for more information call 949-1010 ext. 263

G  W S S 

Fort Garry Place offers a unique environment that blends old-world charm with modern convenience.

“We moved last fall for a larger space at a reasonable price and Fort Garry Place had all the features we were looking for. The facilities are modern and well–maintained.

The Fort Garry staff are courteous, very helpful and professional, they’re always available when we need them. The on-site amenities are great as well, there’s a store, dry cleaning, restaurants and it’s just a short walk to the Forks” GERI NEILSON

Furnished apartments for business travellers. For information about our furnished suites please contact the Leasing office at 204-949-1010 ext. 263

Office Administrator, Affinity Achitecture

•

On-site management and maintenance staff as well as affordable enclosed parking

•

Affordable amenities for the busy executive including convenient access to entertainment, dining, shopping and the historic forks market

•

Wheelchair access from street level

•

Fully equipped gym, indoor pool and hot tub (membership required) as well as convention and banquet areas

BUNGALOW CONDOS located only 10 min from Winnipeg

St. Adolphe

284,900!

$

incl. gst

Laura Stuart 204.475.9130 SUTTON GROUP KILKENNY REAL ESTATE

Breathtaking 1370 sq. ft. open concept bungalow condo with 2 bedrooms, 2 baths, spacious kitchen & breakfast nook, dining room with garden doors to a sunroom, main floor laundry and full basement. Comes with front porch, concrete drive and double attached garage.

Another quality development by RS Capital Corporation www.rscapitaldevelopments.com

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Move all your services with MTS and save.

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MTS MyBundle® allows you to bundle 4 eligible services and get the best everyday price in Manitoba. So if you’re not with us, you have to get these services from different companies and pay more.

Call 204-CALLMTS (204-225-5687) or visit mts.ca/moving /talktoMTS

*$50 credit available to customers moving at least two home services (Home Phone, High Speed Internet, TV services). Requires a bundle of four select MTS services at the same service address, comprising at least one wireless plan and an eligible combination of MTS Home Phone, MTS High Speed Internet and wireless services. For a list of eligible bundles, see mts.ca/bundle. Limited time offer and subject to change without notice. Available in select areas only. See Dealer for details. MyBundle and MTS are registered trade-marks of Manitoba Telecom Services Inc. used under license.

CREATION DATE:

04/30/13

MODIFICATION DATE:

DOCKET #:

132101403-1

May 9, 2013 11:14 AM CLIENT:

MTS

OUTPUT DATE:

DESCRIPTION:

05/09/13

Full-page Magazine

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INTERNAL REVIEW # APPROVALS

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BUNGALOW TOWNHOMES

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TOWNHOMES WITH GARAGE