Calgary New Home + Condo Guide - July 26, 2019

Calgary July 26–Aug. 23, 2019

The first and only complete guide to pre-construction homes and condos

ONLY 29 BOUTIQUE HOMES AND 4 PENTHOUSES, RESERVED FOR THE QUIETEST LOCATION IN MARDA LOOP

INSIDE:

WEIGHING IN ON THE STRESS TEST

AVOID THE DREADED ‘BUYER’S REMORSE’

Townhome Living with Condo Pricing AFFORDABLE, SECURE & CONVENIENT You can have the room you need, at the price you want with a no maintenance lifestyle. These Brookfield townhomes feature your own private front entrance, beautiful interior selections and an attached garage so you can have the feeling of security you deserve, starting in the mid $200s.

Find your new townhome in these great communities

Retreat in Cranston’s Riverstone 847 Cranston Ave SE | RetreatInRiverstone.com

4

Regatta in Auburn Bay 269 Auburn Meadows Drive SE | RegattaAuburnBay.com

BrookfieldCalgary.com

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16TH AVE NE

GLENMORE TRAIL

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DOWNTOWN

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STONEY TRAIL

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The Link at Symons Gate 55 Sage Bluff Gate NW | TheLinkAtSymonsGate.com

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The Octave in Livingston 165 Livingston Parade NE | TheOctaveCalgary.com

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DEERFOOT TR AIL

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ONLY 29 BOUTIQUE HOMES AND 4 PENTHOUSES, RESERVED FOR THE QUIETEST LOCATION IN MARDA LOOP FREE TUITION*

FREE STUFF OFFER*

1.99% MORTGAGE*

STARTING AT

*LIMITED TIME OFFERS, SELECT ANY ONE:

34 AVENUE SW

35 AVENUE SW

20 STREET SW

21 STREET SW

• Or, take a 1.99% mortgage for the first 3 years, on approved credit!

• Or, take $7,000 off any home!

$229,900

33 AVENUE SW Garrison Gate SW

• Free one year post-secondary tuition up to $7,000!

• Or, collect a $2,500 Ikea gift card, free $1,000 VISA gift card, free 1-year Internet & phone, free blinds, $600 Orange Theory card and a free pet house!

TAKE $7,000 OFF*

36 AVENUE SW

SALES CENTRE NOW OPEN 3511 21st Street SW

587-871-4329

www.MantraMardaLoop.ca

UNDER CONSTRUCTION

MOVE IN 2019

Developer reserves the right to make revisions it deems appropriate in its sole discretion to floorplans, unit configuration and finishings.

Unit sizes are estimates only and subject to revision by the developer. All units are subject to GST. *Some conditions apply for limited time offers.

JULY 26–AUGUST 3, 2019 | VOLUME 22, ISSUE 8

CONTENTS COVER STORY

8 Mantra in Marda Loop GET A 1.99 PER CENT MORTGAGE FOR THREE YEARS

4 New Home + Condo Guide | July 26–Aug. 23, 2019

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca

20

EDITOR-IN-CHIEF

Susan Legge susan.legge@nexthome.ca ART DIRECTOR

Tammy Leung EDITOR

Amanda Pereira EDITOR AT LARGE

Jim Zang CONTRIBUTING EDITORS

Sara Duck Marlene Eisner MEDIA CONSULTANT

Janice Lorieau 403.710.8637 janice.lorieau@nexthome.ca SALES & MARKETING CO-ORDINATORS

Gary Chilvers Sarah Khan

14

DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca GRAPHIC DESIGNERS

PROPERTY PROFILES

14

27

How to move pianos and pool tables safely

Brookfield Residential Upscale condos add class to the University District

32

28 31

Wentworth Pointe townhomes tip the scales

6

Editor’s Note

10

Inside Calgary

DISTRICT MAPS

BILD

12

Airdrie

BILD Calgary Region salutes its volunteers

13

Northeast

Mortgages

16

Cochrane

Report examines the impact of the mortgage stress test

17

Okotoks

21

Downtown

25

Northwest

20 Calgaryism Five new food and drink spots to check out in Calgary

BY CODY BATTERSHILL

22

34 What’s Online

Brookfield Residential works to keep costs low

ADVICE

Inside the Numbers Weighing in on the stress test

BY JIM ZANG

24 Contemplating Condos Avoid the dreaded ‘buyer’s remorse’

BY LINDA PALFI

Published by

nexthome.ca

IN EVERY ISSUE

Condo Fees

Sandra Hanak–Vujnovic, Mike Terentiev, Hannah Yarkony

BY CHUCK RESNICK

Trico Homes

TRENDING

18

Make Your Move

26 Southwest 30 Southeast

Advertising Call 1.866.532.2588 for advertising rates and information.

Fax: 1.888.861.5038 Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1.866.532.2588 to discuss distribution opportunities.

Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.

Copyright 2019 All rights reserved.

Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited.

Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time.

Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca nexthome.ca 5

EDITOR’S NOTE

BUYING A PRECONSTRUCTION HOME? YOU NEED A BUDGET When we were in the pre-construction stages of building our home, I loved visiting the design centre, sitting at a table and pairing up various cabinet styles with different countertop materials. It’s easy to get caught up in the novelty of selecting your colours, getting lured into the appeal of trading out your standard features for the more luxurious options. You will very quickly find that you’ve added in a couple of thousand dollars in upgrades you hadn’t totally banked on.

And while you should invest in putting in upgrades that would be far too taxing on your patience to do later on, you need to keep one thing in mind: you need a budget. Yes, I know, this advice sounds obvious. Although I was an obnoxious saver while preparing to close on our home, there were still costs I hadn’t anticipated until after we took possession - ones that would have been a little less painful to shell out for had we been more aware during design time.

Where we live, the water comes in from a well. While it’s perfectly safe to drink, it’s laden with mineral deposits that are extremely hard on the skin. Within two days, my knuckles were splitting and bleeding; $4,000 later, we had a water softener.

Then there’s the windows. As a writer, I suffer from a terrible people-watching affliction, but when the light from the rising sun pours into your curtain-less windows on a Saturday? Well, you’re kicking yourself for not factoring in that hey, a new house doesn’t come equipped with window coverings and you need to cough up another $2,000 you hadn’t anticipated spending.

Had I known then, what I know now, I would have cut back on some upgrades at the design centre and dedicated a portion of our savings to all those ‘surprise’ costs. Budget for the unexpected–you’ll be grateful you did.

AMANDA PEREIRA EDITOR New Home + Condo Guide

+

How to move pianos and pool tables safely Page 27

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6 New Home + Condo Guide | July 26–Aug. 23, 2019

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COVER STORY

GET A 1.99 PER CENT MORTGAGE FOR 3 YEARS AT

MANTRA IN MARDA LOOP If you’re in the market for a condo, you won’t want to miss out on an extraordinary offer available at Mantra in Marda Loop.

Developers Groupe Denux and Castera Properties have created an incredible mortgage incentive that makes it easier for people to get into ownership, says Calvin Buss, president of Buss Marketing, which has launched sales at Mantra.

“From now until Aug. 31, we are offering buyers, who qualify for a mortgage, a 1.99 per cent mortgage for three years,” Buss says. “That amounts to a big savings for buyers – it will save them thousands of dollars each 8 New Home + Condo Guide | July 26–Aug. 23, 2019

year for a full three years; money they can use each month to enhance other important aspects of their lifestyle.”

“It’s the best incentive available for buyers in Calgary, and should draw a lot of interest,” he says, adding that people can learn more by visiting the sales centre.

Located at 21st Street and 35th Avenue S.W., Mantra has tremendous appeal being just steps away from Safeway, Starbucks and a wide range of shops, services and eateries in Marda Loop.

“The location hits a 97 walking score, which is really desirable,”

+

LOCATION Marda Loop, Calgary PROJECT Mantra in Marda Loop DEVELOPER Groupe Denux and Castera Properties HOME TYPE Apartment-style condos CONTACT mantramardaloop.ca

Buss says, noting Mantra is attracting interest from young professionals and first-time buyers to right-sizers and empty nesters.

“We’re getting a very positive response and sales are going well.

Buyers love that they can walk to all the amenities in Marda Loop; they’re a half-block to bus service that takes Crowchild Trail so they can be downtown in minutes.”

Mantra is a stylish four-storey building with just 33 suites consisting of a 50/50 split between one- and two-bedroom designs ranging from just under 500 sq. ft. to more than 900 sq. ft. on the first three floors.

The fourth floor features four gorgeous corner-unit penthouse suites offering three bedrooms, two

full bathrooms, large kitchen island, two electric fireplaces, huge pantry space and a flex space with plans ranging from 1,278-1,392 sq. ft.

“Mantra offers contemporary interiors with large windows, balconies with gas hookups and top grade features and finishings including stone countertops with tile backsplashes, digital gas stoves with set in grill, wide plank flooring, 9-ft. ceilings, insuite laundry with washer and dryer and 5-ft. glass walk-in showers,” Buss says.

The building has underground parking for residents and guests, storage units, a car and dog wash station and bicycle storage.

An exceptional bonus feature is a new electric Smart car that will be given to the condo board

for use by all residents at no cost.

Residents just need to sign it in and out, and it has its own parking stall and super charging station; green, clean and available 24/7.

“People love that Mantra offers excellent finishes with a price point that starts at $227,000, a quiet location that also places them close to conveniences and that they can get possessions as early as December. 15,” Buss says.

For more information on Mantra and this incredible mortgage incentive, visit the sales centre at 21st Street and 35th Avenue S.W., open Monday to Thursday 1-6 p.m. and weekends noon-5 p.m. (closed Fridays), call 587-355-1476 or visit mantramardaloop.ca. nexthome.ca 9

#InsideCalgary

by JIM ZANG

Calgary

AUGUST 11

MARDA GRAS The 35th annual Marda Gras Street Festival takes place Sunday, August 11 from 10 a.m. to 5 p.m. on 33 Avenue SW between 18th and 22nd Street in Marda Loop. Enjoy live music, dance and cultural performances, a fun kids’ area, unique shopping and lots of great food! www.visitmardaloop.com/events/marda-gras-street-festival

Limited time offer available at Legacy Gate Legacy Gate condos by Carlisle Group in Westcreek Developments’ SE community of Legacy isn’t your traditional sales centre – it’s a gorgeous finished suite for sale.

The limited time offer of free air conditioning the number of fully complete condominium homes ready for immediate possession with price reductions of up to 10 New Home + Condo Guide | July 26–Aug. 23, 2019

$37,000 are other cool features.

“We have seven well laid-out floorplans,” says Carlisle sales rep Anna Franciotti, “with beautiful show suites to match.”

Most units are two-bedroom or two-bedroom-plus-den, but there’s still a couple of threebedroom, two-bathroom suites available. Condos range in size from 729 to 1,025 sq.-ft and are

suitable for families. “It really feels like the main floor of a house. All the bedrooms, in every model, will hold a queen size bed quite comfortably.”

Standard features include a stainless-steel appliance package, granite countertops, and more.

Prices start from $172,900 for a two-bedroom to $214,900 for a three-bedroom.

+

DID YOU KNOW?

Did you know that Calgary and New York City are approximately the same size geographically? There are more than 7,000 hectares of parkland within Calgary city limits and over 700 kilometres of paved pathways?

Arbour Lake West

Holland Park Homebuyers searching in Calgary’s deep south have plenty of options, and one of the best is Excel Homes’ Holland Park townhome development in Walden.

“All of our homes are just under 1,200 sq.-ft.,” says area sales manager Grant Aberdeen. “They all have a full double garage and they’re all under $300,000.”

Construction is currently underway on the first three buildings, with a final total of 133

homes when complete.

Two different two-bedroom, two-bathroom models are available in this phase, with the show home demonstrating the kind of finishings owners can expect, including standards like quartz countertops, laminate and ceramic tile floors – all efficiently designed into a unique multilevel floorplan.

“What you see is what you get,” says Aberdeen.

Hopewell Residential recently announced the approval of its 43-acre Arbour Lake West, NW Calgary’s newest lake community.

Just minutes from Arbour Lake, Crowfoot Crossing and Crowfoot LRT, it’s the quadrant’s first new lake community development in nearly two decades.

“Arbour Lake West completes the Arbour Lake community that’s been 30-plus years in the making,” says Brett Friesen, Hopewell vice-president, Development and Multi-Family.

The Hopewell-exclusive development at full build-out will have 139 front-garage homes, more than 650 condos and spacious attached-garage townhomes.

Condos will start in the low $200,000s, with onsite amenities including a fitness centre and rooftop patio, plus a wide range of floorplans, parking, storage, and finishings. Townhomes start from the $450,000s, and front-garage homes from the $600,000s.

Arbour Lake West includes approximately four acres of public park space, additional pathway connections, and retains an existing wetland, vegetation and lake access.

Sales centre to open on-site in fall 2019, with show suites ready shortly thereafter. nexthome.ca 11

2 AREA HOT PROPERTIES / CALGARY

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St S e

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10 1

Yankee Valley Blvd

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2

3

13

E Lake Blvd Se

7

Ma in St

8 St Sw

24 St Sw

n Alle

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9

40 Ave Sw

dS Kingsview Blv

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Queen Elizabeth II Hwy

8 St Sw

14

5

Yankee Valley Blvd

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6

567

E Lake Blvd

1 Ave Nw

Main St N

8 St Sw

11

y Queen Elizabeth II Hw

AIRDRIE

NOTE: Please match map numbers with property listings.

NEW HOMES

Township Rd 264

NEW CONDOS

1. BAYSIDE ESTATES

6. CANALS LANDING

By: Genesis Land Development Corp.

Builders: McKee Homes, ReidBuilt Homes genesisland.com

By: Genesis Land Development Corp.

Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, WestView Builders CANALS by Slokker Homes genesisland.com

2. RAVENSWOOD By: Qualico Builders: NuVista, McKee Homes, Pacesetter, Broadview ZEN RAVENSWOOD by Avalon Master Builder ravenswoodairdrie.com

3. COOPER’S CROSSING By: Westmark Holdings Builders: Harder Homes, McKee Homes, NuVista Homes; Emerald New Homes and Douglas Homes cooperscrossing.ca

4. HILLCREST By: Apex Developments Builders: Excel Homes, Shane Homes hillcrestairdrie.com

5. SOUTHWINDS By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com/calgary

12 New Home + Condo Guide | July 26–Aug. 23, 2019

7. PIER 11 By: Genesis Land Development Corp.

Builders: Genesis Builder Group pier11airdrie.com

8. MIDTOWN By: Wenzel Developments & Apex Developments Builders: Shane Homes, Excel Homes, Trico Homes midtowninairdrie.com

9. THE GATES AT HILLCREST By: Mattamy Homes Builder: Mattamy Homes mattamyhome.ca/calgary

10. CREEKSIDE CREEKSIDE VILLAGE

by Carlisle Group

11. GEORGETOWN @ Reunion by Slokker Homes

12. VISTA CROSSING IN CROSSFIELD By: Dream Development Builders: McKee Homes, Reidbuilt Homes, Homes by Dream vistacrossing.ca

13. CHINOOK GATE By: Brookfield Residential Builders: Brookfield Residential, Excel Homes, McKee Homes chinookgate.com

14. SOUTHPOINT By: Vesta Properties vestasouthpoint.com

HOT PROPERTIES / CALGARY AREA 2

Range Rd 14

NORTH EAST Centre St N

Trail NW ney Sto

12 144 Ave Nw

144 Ave Nw

7 Stoney Trail Ne

1

Ne ot

vd N Bl

2

4 Metis Trl Ne

Hi lls

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Airport Trail Ne

Barlow Trl Ne

il N ra

100 Ave Ne

564

2

Strathmore 11

201

5

797

560

Langdon

Airport Ai irpor rportt Trail Ne

8 8 Ave Ne

1

9 10

Chestermere

13

Country Hills Blvd Ne

96 Ave Ne

Harvest

8

e

Country Hills Blvd Ne

Nw

3

128 Ave Ne e

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nT

Calgary

Reddtone Dr N Ne e

T rl

Ne

15 St Ne

ay

Stoney Trail Ne

201

201

y Hills W ntr ve Co

Blvd

564

6

144 Ave Nw

r y Hills

EAST

1A MCDONALD LAKE

1 22X

lN

84 St Ne

e

McCall Way Ne

Me tis Tra i

Centre St N

N

64 Ave Ne

11 St Ne

Centr e S t

Calgary International Airport

72 A ve N e

80 Ave Ne

64 Ave Ne

36 St Ne

Ne

2. CORNERSTONE By: Anthem United Builders: Jayman BUILT, Shane Homes, Morrison Homes, Truman Homes, Pacesetter Homes liveatcornerstone.ca

3. REDSTONE By: Qualico Communities Builders: Broadview Homes, NuVista Homes, Pacesetter Homes, Jayman BUILT, Trico Homes, Creations by Shane Homes, Shane Homes (Shane showhome to be built in spring) calgary.qualicocommunities.com/ redstone

NEW CONDOS

6. LIVINGSTON

2 By: Anthem United Builders: Jager Homes and WestView Builders theranchunited.com

7. SKYVIEW RANCH

Builders: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes lakesofmuirfield.com

By: Brookfield Residential Builders: Arrive by Partners Developments

8. CHESTERMERE RAINBOW FALLS By: Truman Developments Builder: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes

9. KINNIBURGH

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com

By: Pollyco Developments Builders: Stepper Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes, ReidBuilt Homes, Sunstar Homes, Jager Homes

5. SAVANNA IN SADDLE RIDGE

10. LAKEPOINTE

By: Genstar Development Co. Builders: Cardel Homes, Homes by Avi, Excel Homes, Arcuri Homes, Rohit Communities genstar.com/calgary/savanna

By: Mattamy Homes Builder: Mattamy Homes Location: Sales centre 400 Westpark Dr. mattamyhomes.com

4. CITYSCAPE

11. THE RANCH

By: Brookfield Residential ple Dr Builders: Homes by Avi, Brookfield Okotoks BlackMorrison Homes, JaymanBuilt, Residential, Diamond Cedarglen Homes, Daytona Homes MAVERICK by Avi Urban brookfieldresidential.com

Te m

Ne

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23 St Ne

unt Dr mo

44 Ave

32 A By: Genesis Land Development Corp.

2 e Builders: Genesis Builders Group Whitehorn D r N saddlestonecalgary.com

52 St Ne

1 2 St N

No rt h

Mc K

n i ght Blvd Ne 1. SADDLESTONE

Ne ve

1

McKnight Blvd NW

40 Ave Nw

NEW HOMES

e Falco Dr N n r idge McKnight Blvd Ne

N

1 4 St Nw

NOTE: Please match map numbers with property listings. w

Heritage Pointe

12. LYALTA THE LAKES OF MUIRFIELD

13. CORNERBROOK By: Westcreek Developments Builders: WestCreek Homes, Stepper, Maddison Avenue, Cardel Homes, Trico Homes livecornerbrook.ca

Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started.

nexthome.ca 13

PROPERTY PROFILE

THE IVY UPSCALE BROOKFIELD CONDOS ADD CLASS TO UNIVERSITY DISTRICT When 30-something-year-old partners Jason and Mathew went looking for a new home, they had a pretty good idea what they wanted.

Mathew, a registered nurse, wanted something close to the hospital. Jason, a pilot, wanted a reasonable commute to the airport, but didn’t want to live right next door to it. With both working shifts, the condo lifestyle made sense for the couple, who formerly rented in the beltline area. The couple purchased a town home at Brookfield Residential’s The Ivy in the trendy University District just off Shaganappi Trail in northwest Calgary in April 2019 and, along 14 New Home + Condo Guide | July 26–Aug. 23, 2019

with their dog Charlie, moved in this past May. “It’s a great functional layout for the price,” says Jason of their Viridian floor plan with its private two-car tandem garage. “We quickly decided to purchase in The Ivy development as there was nothing else that offered the same.

We also liked the location and future plans for the area.”

Indeed, with its proximity to the Foothills and Children’s Hospitals, University of Calgary, Market Mall, Nose Hill Park, McMahon Stadium and planned retail for the area, including a Main Street with shopping and professional services,

the University District takes full advantage of one of the last big pieces of undeveloped inner-city land left in town.

Sitting on the northern edge of the University District, just off 32nd Avenue NW, The Ivy is a collection of high-end town homes that not only meet exacting environmental standards, but also offer the kind of practical functionality and esthetic appeal that discerning buyers demand.

The Ivy community consists of 17 separate buildings and a final build-out total of 127 luxury town homes. Ground breaking was in 2017, says Kerstin MacDonald,

+

LOCATION Unviersity District BUILDER Brookfield Residential HOME TYPE Luxury town homes CONTACT ivy.brookfieldresidential.com

Sales Manager at Brookfield, with first possessions last summer and project completion scheduled for spring 2022.

“We’re already 65 per cent sold, with 12 of 17 buildings finished,” she says, adding “there are still great opportunities here, including a few move-in ready homes.”

Three distinct exterior styles – The Cube, The Fin and The Brownstone – combine with four distinct floor plan options –Viridian, Olivine, Reseda and Laurel (now sold out) – to guarantee there’s a fit for every lifestyle. In fact, says MacDonald, that’s exactly what they’re seeing as buyers are spanning all demographic categories; from parents buying condos for their university student children, to professionals working in the area, to downsizers from

surrounding communities.

“The Ivy offers a unique opportunity to live within the inner city without compromising on space or security,” says MacDonald.

“Downsizers in typical NW communities like Parkdale and Varsity have been drawn to floor plans like the Olivine and Reseda that afford 1,500 – 1,700 squarefeet of living space so that they can forego the maintenance of a larger home without compromising on the living space.”

The Viridian model checks in at 1,185 square-feet, with two bedrooms and two-and-a-half baths and attached tandem garage. Pricing starts in the upper $400,000s. The Olivine also features a two-bed, two-bath floor plan, but in a significantly larger footprint and with a double

attached garage. Prices for this model start in the high $500,000s.

The Reseda has an option for a third bedroom in a 1,700-square-foot plus layout, with prices from the upper $600,000s.

All units feature estate level finishing, says MacDonald, with hardwood flooring throughout the main living areas, quartz countertops, undermount sinks and Bosch kitchen appliances all standard. Many homes have large outdoor living spaces, some overlooking the common courtyard.

Last, but certainly not least, when you purchase a home from Brookfield you don’t just get a great home, but you get the kind of top-notch professional service you expect when making the biggest purchase of your life. “From first walking into the Brookfield office we were impressed with the level of genuine professionalism and care shown by the Brookfield staff.,” says Jason. “Through every step of the process we were always impressed with the attention to detail and level of care provided.”

Even the sales centre for The Ivy is unique, as the show suite is located in the University District Discovery Centre, located on University Avenue. If you’re looking for a new home and you haven’t been to the University District yet, what are you waiting for? nexthome.ca 15

HOT PROPERTIES / CALGARY AREA

bo y

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a il

COCHRANE

N 4 Ave

Retreat Rd

Bow Valley Trail 1 St E ve

Griffin Rd W

5

22

Griffin Rd E

w Ri Bo

River Bow 4

oy

wb

Co

ail

Tr

Towers Trail

1A

r ve

orge Fo x Tr Ge l

Big Hill Rd

Centre A

Riv

er

Ave

i

uw Bo

gle

y Dr

Fifth

Q

Co w boy Trail

Heartland Way

Range Rd 40

Co w

Blvd 2

6

22

Hear tland

1A

Horse Creek Rd

Township Rd 262

River Heig hts D r 3

1

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. FIRESIDE

4. RIVERSONG

By: La Vita Land Builders: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes firesidecochrane.com

By: Tamani Communities Builders: Jayman BUILT, Trico Homes, THE RISE by Jayman Modus riversongcochrane.com

2. HEARTLAND

5. JUMPING POUND RIDGE

By: Apex Developments Builders: Excel Homes, ROHIT, Pacesetter by Sterling BRAND by Birchwood Properties heartlandcochrane.com

By Slokker Homes jumpingpound.com

3. THE WILLOWS OF RIVER HEIGHTS By: La Vita Land Inc. Builders: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes thewillowscochrane.com

16 New Home + Condo Guide | July 26–Aug. 23, 2019

6. SUNSET RIDGE BY MELCOR Builders: Excel Homes, Homes by Avi, JaymanBUILT, Landmark Homes

2A

HOT PROPERTIES / CALGARY AREA

338 Ave E

OKOTOKS

HIGH RIVER

r

2

ive

ood hw Rive r Hig

2 Ave Se

cLeod Trl S w Ma

St E

r

12 Ave Sw

88 St E

32

2A

5 St Ne

r

4

th D

ei

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783

2A

2A

Mont

2A

Se 9 A ve

24 St Ne

370 Ave E

pR

Cim a rron D

7

iv e

stal dge Dr Ri

High Coun try Dr N w

R

o

Cry

ee

Westland St

Hig

112 St E

Sh

Big Rock Trail

2

2A hw

r ive

N Railw ay S t

Milligan Dr

48 St E

R

32 St E

2A

498 Ave

543

96 St E

M illigan D r

3

Sheep

64 St E

1

od

5

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. RANCHERS’ RISE

4. HIGH RIVER MONTROSE

By: Bordeaux Developments Builders: Baywest Homes, Sterling Homes, Wolverine Custom Homes okotoksranchersrise.com

By: Dream Development Builder: Lifestyle Homes, Red Door Homes escapethecity.ca

2. DRAKE LANDING

5. D’ARCY

By: Anthem United Builders: Lifestyle Homes, Sterling Homes, Prominent Homes drakeunited.com

By: Anthem United Builders: Morrison Homes, Pacesetter by Sterling Homes, Trico Homes darcyokotoks.com

3. MOUNTAINVIEW By: Apex Developments Builders: Excel Homes, Sterling Homes mountainviewokotoks.com

Get the inside scoop Subscribe to our newsletter Visit nexthome.ca/subscription

nexthome.ca 17

23

TRENDING

BROOKFIELD RESIDENTIAL WORKS TO KEEP

CONDO FEES LOW Not all condo fees are created equal. In fact, there can be wide disparities in condo fees from one project to another in terms of the literal cost and what the fees cover, says Justin Castelino, marketing manager at Brookfield Residential.

With most builders offering some form of multi-family housing option these days – and the economy, local market pricing and OFSI stress test conspiring against would-be first-time homebuyers – understanding condo fees has become more important than ever. Indeed, if you’re going to add a couple of hundred dollars to your monthly housing expenses, you definitely want to know exactly what’s covered in your condo fees, and what’s not, says Castelino.

18 New Home + Condo Guide | July 26–Aug. 23, 2019

It’s best to begin with a basic definition, starting with the word condominium. According to Marc Bateman, president of Acclaim Condominium Management Services and a two-time past-president of the local chapter of the Canadian Condominium Institute (CCI), when most people think condominium, they think of an apartment or townhouse-style home. However, condominium is a term that refers to the legal ownership of the property, not the type of building. Condo buyers own their unit as well as a proportionate share of the total common property in the project.

This is known as a resident’s ‘unit factor’. This unit factor is then used to calculate condo

fees, which are set at the time of construction by the builder/ developer. Therefore, who the builder is can make a big difference, says Bateman.

In theory, everyone living in the same size unit as yours will pay the same condo fee. Keep in mind that if you pay property tax on it, it counts towards your unit factor.

So, if you own two parking stalls and your neighbour in an identical unit only has one stall, you will pay more in fees.

Condo fees are those monies paid above and beyond one’s mortgage in order to provide certain services and/or amenities at a given condo community.

Most people understand that their fees go towards basic maintenance like lawn mowing,

landscaping and garbage and snow removal.

“Condo fees help to have a convenient lock it and leave it lifestyle,” says Castelino. “Fees also go towards insurance coverage on the exterior of the building so that you’re only responsible for what happens within your unit.”

Of course, if the building has amenities like a library, swimming pool, billiard room, fitness centre, community kitchen, etc., you can expect to pay for it in the form of condo fees.

A portion of the fees also goes into a Reserve Fund, a separate account maintained by the Condo Board to prepare for regular repairs required due to general wear and tear as well as to

respond to emergencies.

Some condo fees cover things like water and heat, while some don’t, so it’s important to know what you’re getting into says Bateman. For example, if you’re a single, do you really want to pay the same for water as the family of four next door? Maybe you’d prefer to just pay for what you actually use. Or maybe your neighbour keeps their thermostat set at 20 and you keep yours at 15 – it’s almost like you’re helping to subsidize their heating bill.

Not so at Brookfield Residential, says Castelino. “The fact that our condo fees don’t include utilities in our townhomes helps to keep costs low as your monthly fees won’t go to cover a portion of your neighbour’s water or heating bills.”

Like condo bylaws, he says, condo fees play an important role in sustaining the value of your home by ensuring that the exterior of every single home in the community is professionally maintained.

“Of course we’d prefer you buy a Brookfield home,” says Castelino, “but no matter what condo you’re looking at, make sure you know exactly how much the fees are, what they cover, if they’ll ever go up and if there are any special assessments pending.

Brookfield works closely with the condo management company to ensure we are accurately forecasting expenses. This helps bring peace of mind to our homeowners, knowing that there shouldn’t be any major increases after they move in.” nexthome.ca 19

ADVICE | CALGARYISM

FIVE NEW FOOD AND DRINK SPOTS TO CHECK OUT IN CALGARY location has just opened its doors in the Co-op at West Springs, giving shoppers the convenience of grabbing some of the finest fried and rotisserie chicken in the city.

Known for its juicy chicken and tasty milkshakes, plus all the sides, it’s the perfect quick meal if you happen to not feel like cooking some of those groceries.

CODY BATTERSHILL

Just BBQ Address: #120, 1211 Edmonton Trail NE Website: justbbq.ca Just BBQ opened its doors about a month ago, and has since been met with raving reviews. The owners have taken the meaning of authentic to a whole new level, hiring their Master Chef from Taiwan where he headed a kitchen in a reputable restaurant for many years. He specializes in BBQ grilling, and you can taste this experience in the food.

We absolutely love the baconwrapped scallops, and salt and pepper beef skewers. Actually, anything on the menu is quite good and it’s all for less than $10.

The Alley Address: #103, 233 Centre Street SW Website: the-alley.ca This new bubble tea joint is an international franchise with shops scattered across Canada, the USA, Australia, France and select countries throughout Asia. If there’s any testament to just how good this shop is for fresh bubble tea drinks, that should be it!

The first-ever location in Calgary has just opened its doors a few 20 New Home + Condo Guide | July 26–Aug. 23, 2019

weeks prior, which is perfect timing for the summer heat. It is easily accessible from RiverWalk, just half a block into Chinatown, southwest on Centre Street.

6A Snack Bar Address: #10B, 6219 Centre Street NW Website: 6a-snackbar.business.site 6A Snack Bar is a new Asian street food restaurant in the northwest community of Thorncliffe. Serving up Hong Kong and Taiwanesestyle snacks and drinks for very affordable prices, you can’t go wrong popping in to check this place out.

Choose from a wide selection of bubble teas, plus a food menu that includes everything from deep fried buns, condensed milk with leaflet sticky rice, to beef giblets and street beef organs.

Cluck n Cleaver West Springs Address: 917 85th Street SW Website: cluckncleaver.com Cluck n Cleaver’s second

Diner Deluxe Mahogany Address: 106 Mahogany Centre SE Website: dinerdeluxe.com The amenity list for Mahogany residents just keeps getting better and better as the years go by. Now, Diner Deluxe has opened its third Calgary location in Mahogany’s Westman Village.

If you haven’t been to one of the other locations, they have a reputation of being two of the best breakfast and brunch restaurants in the city.

This is the perfect restaurant for an early weekend get-together!

Cody Battershill is the founder of Calgaryism and a top producing realtor at ReMax House of Real Estate.

He can be reached at 403.370.4180, @Calgaryism on Twitter and calgaryism.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES / CALGARY AREA

DOWNTOWN

20 Ave Nw 1

6 St Ne

14 St Nw

12

Centre St S

19 S t Nw

Crowchild Trl Nw

Trans Canada Hwy

11

Kensington Rd Nw Memorial Dr Nw

4 6 5

1 Ave Ne 3

11

16

9 Ave Sw w Trl S w Bo 11 Ave Sw

8

9 Ave Se

2

10

Crowchild Trl S

Sw

NOTE: Please match map numbers with property listings.

BELTLINE 1. SMITH by Grosvenor smith17.com 2. PARK POINT by Qualex Landmark

4 St Sw

1 6 St S w

19 St Sw

ay 34 Ave Sw Council W

14

Macleo d Trail Se

5 St Sw

w

7

15

1

17 Ave Sw

9

NEW HOMES

EAU CLAIRE

25 Ave Se

NEW CONDOS

42 Ave Se

11. WATERFRONT by Anthem Properties waterfrontcalgary.com

qualex.ca/ParkPoint

BRIDGELAND 3. Bridgeland Crossings II by Gablecraft

KENSINGTON 12. EZRA by Birchwood ezraonrileypark.com 13. KENSINGTON by Bucci Developments bucci.com/Kensington/

Homes liveat.bridgelandcrossings.com 4. Radius by Bucci Developments bucci.com/radius/ 5. Steps by Giustini Bridges Inc. 6. Bridgeland Hill by Gablecraft Homes liveatbridgelandhill.gablecrafthomes.ca

14. DUKE by Avi Urban aviurban.com

EAST VILLAGE

VICTORIA PARK

DEVELOPER: CMLC 7. INK by Battistella Developments battistella.ca/ink/ 8. EVOLUTION by Embassy Bosa evolutioncalgary.com 9. VERVE by Fram Building Group framhomes.com 10. N3 Condos by Knightsbridge & Metorpia N3condo.ca

MISSION

15. GUARDIAN by Hon Towers theguardiancalgary.com

WEST END 16. AVENUE by Grosvenor & Cressey avenuewestend.com

nexthome.ca  21

ADVICE | INSIDE THE NUMBERS

WEIGHING IN ON THE

STRESS TEST JIM ZANG

As a local Editor-at-Large, I talk to lots of people and hear lots of stories and while I try to accentuate the positive, sometimes reality can’t be ignored.

Such is the case with the Office of the Superintendent of Financial Institutions’ (OSFI) mortgage ‘stress test’, introduced to prevent a mortgage bubble crisis such as occurred in the U.S. a few years ago. While the rules do prevent some folks from taking on mortgages at the extreme limits of their financial 22 New Home + Condo Guide | July 26–Aug. 23, 2019

resources, many feel the rules are too strict and prevent some legitimate homebuyers from realizing their dream.

On June 10, the OSFI published an information sheet for its B-20 guideline, which covers residential mortgage underwriting practices, stating, “The revisions to B-20 are working; strengthening mortgage underwriting across Canada and improving the resilience of the Canadian financial system to future shocks. While improvements have been made, OSFI will continue to monitor lender practices, particularly in the area of income verification, and will be proactive with lenders when it identifies areas requiring attention.”

OSFI said the updated

guideline is intended to tackle growing risks amid low interest rates and housing market imbalances, but the stress test has faced pushback from the real-estate industry and concern from some politicians.

BILD CEO BULLISH ON CALGARY

The local residential land development and home building industry is peopled by Calgary builders and developers who are some of the most solid community-minded citizens in town. Like Brian Hahn, who took over as CEO of Building Industry and Land Development (BILD) Calgary in January. A native Calgarian, Hahn grew up in North Haven and attended James Fowler

Chart A: Housing starts by dwelling type and area Single

Semidetached

Row

Apartment

All

Downtown

1

2

0

0

3

Beltline

1

0

0

137

138

North Hill

4

2

4

4

14

Southwest

30

8

19

159

216

Southeast

43

6

3

25

77

Northwest

55

28

78

116

277

Northeast

53

12

59

13

137

1

0

0

1

2

Fish Creek

23

20

58

0

101

Other Centres

99

26

21

0

146

Calgary

310

104

242

455

1,111

Chinook

Chart B: Calgary Housing Starts by Dwelling Type June 2019

June 2018

May 2019

YTD 2019

YTD 2018

Single

310

360

294

1,520

1,652

Semidetached

104

136

114

484

466

Row

242

72

179

970

594

Apartment

455

499

225

1,726

2,200

1,111

1,067

812

4,700

TOTAL

5,979 SOURCE: CMHC

High School. After attending the University of Portland on a soccer scholarship, he returned to Calgary, landing a job as a labourer with Springer Construction.

Little did anyone know that Hahn would come full circle. After a 30-year stint with ATCO Group and taking a run at an Olympic bid as GM of the Calgary Bid Exploration Committee, Hahn was retired and volunteering at the Alberta Adolescent Recovery Centre when he got word of the opportunity at BILD. “The people involved in the local home building industry are totally ‘switched-on’ in terms of giving back to the community,” he says of BILD’s 685-plus members. “This is an industry that’s done much, much more for Calgary than just build homes. Calgarians are ‘take charge’ folks, there’s always challenges – it’s how you meet, with enthusiasm and a can-do attitude, then that creates opportunity.”

As for the current state of the local housing industry, “We’re not

Brian Hahn, CEO of BILD Calgary

completely out of the woods yet, in terms of economic recovery, but there is a sense of optimism and some rays of sunshine are starting to peek through.”

Looking at starts by area, there are a couple of things that jump out right away. For one, there were zero apartment or row starts downtown in June. None.

And only one single-family home, likely an infill, and one duplex – which counts as two homes. The beltline, on the other hand, saw 137 apartment starts to go with one single-family build, which is about what one would expect. Seems downtown has slowed down.

Meanwhile, other areas are all over the map as far as newhome starts and type of dwelling.

The southwest boasted 216 total starts, with 30 single-family and 159 apartments. This speaks to the number of condos being developed in the quadrant.

In the northwest, starts are spread out fairly evenly between single-family, semi-detached, townhomes and apartment dwellings. In the northeast, not as many starts are happening, but a far greater percentage are singlefamily. These numbers are handy for providing a snapshot of what’s being built and where.

Looking at the overall numbers for June, although the year-todate totals still lag behind 2018 by about 20 per cent, June looked pretty good compared to last year and last month, thanks to some new townhome starts. Summer is traditionally a slower time, so it will be interesting to see what July and August brings. Better weather would definitely help.

HOUSING STARTS

Rather than just looking at the raw June housing start numbers from the Canada Mortgage and Housing Corp. (CMHC), I thought it might be interesting to look at where most new-home building activity is in Calgary. It’s always fun to see if expectations are supported by reality. And, of course, I like to compare starts to last month’s and last year’s numbers as well.

Jim Zang is a professional writer/ editor who has lived in Calgary his entire life. He has been reporting on the local housing industry since the early 1990s and is the former editor and associate publisher of a variety of housing industry and lifestyle publications in Calgary and region.

+MORE ADVICE ONLINE nexthome.ca/news/advice

nexthome.ca 23

ADVICE | CONTEMPLATING CONDOMINIUMS

AVOID THE DREADED

‘BUYER’S REMORSE’ LINDA PALFI

It’s not that buying a condominium home is so fraught with risk.

But even in a rising real estate market, with good homes selling for reasonable prices, buyers can buy inappropriately — or worry that they might have. When it happens, new homeowners can have ‘buyer’s remorse’. The key to avoiding buyer’s remorse is to apply pre-purchase, nonemotional analysis to your needs and to your budget.

A thorough review of the new and resale home options in the marketplace should follow that. By the time you reach the deposit stage, you should be clear about why you are buying the home you are buying, and why you are paying the price you are paying.

An objective condo-specialist realtor will be a great help in this process. Clarity and information equal a good investment decision, a good home choice and thus no ‘buyer’s remorse’.

Here are some of the issues to consider before buying a future condo home: • Am I financially able to buy it and am I stable enough for the long-term ownership approach to housing?

• If yes, do I buy a new home or a resale condo home?

• Ground floor or upper floor?

• Age-restricted or open to all?

• Concrete construction or frame?

• Highrise or lowrise?

24 New Home + Condo Guide | July 26–Aug. 23, 2019

• Near downtown or in the suburbs?

• Outward- or courtyard-facing?

• Southern or northern exposure?

• Upgrades or simple finishings?

• And, in most of these cases, is it worth spending more, or how much more, to obtain any of these preferences?

That’s quite a list, yet it’s not even complete. There are also market considerations in your decisions.

Even if you’re sure about what you want, you need to know what it’s worth before you write your deposit cheque. Otherwise, prepare for after-purchase uncertainty, and thus possible buyer’s remorse.

It’s helpful to draw up a twocolumn list with housing musthaves on the left and want-tohaves on the right. At the top, write your personal budget ceiling.

Stick to your budget if possible.

Lay alongside this list the MLS city district map that many realtors will provide, and outline your preferred home areas with a felt-pen.

Then see if condominium homes matching at least your “must-have” criteria are available in your chosen areas and within your budget.

Such a methodical process is the only way to arrive at a purchase decision with clarity and confidence. And be sure, the common issues of home ownership will arise. But you won’t be rattled if you know exactly why you bought your home at the price that you paid.

You won’t need a cure for the dreaded buyer’s remorse.

Linda Palfi is an active realtor, serving all types of residential properties in Calgary and area for the past 15 years.

Linda is a Certified Condominium Specialist, member of the Calgary Real Estate Board’s Professional Standards Committee and sits on several condominium boards. Linda can be reached at 403.998.7732 or Linda@ condosincalgary.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

Centr e S t

Sha

gan

N

64 Ave Ne

By: Intergulf Cidex Builder: Trico Homes, Intergulf Cidex

5. SYMONS GATE By: Brookfield Residential Builders: Brookfield Residential, Morrison Homes brookfieldresidential.com

unt Dr

mo

Dr

4. BEACON HEIGHTS

No rt h

wo od

Ch ar les

Ne

2 13. SAGE HILL

26 St Ne Barlow Trail Ne

By: Genesis Land Development Corp.

Builders: Genesis Builders Group Sage Place by Cardel Lifestyles genesisland.com

t Nw 0S

1A CARRINGTON SOUTH 7.

Ne Family i ght BlvdMulti Builders: Morrison nHomes

32 A

Ne ve

24 St Nw

49 St Nw

3. SAGE MEADOWS

1

12. Q CONDOS K e 1 2 St N

sN

77 St Nw

By: Anthem United Builders: Homes by Avi, Morrison Homes, Shane Homes, Sterling Homes, Trico Homes, Jager Homes, Pacesetter Homes, Creations by Shane Homes Carnaby Heights by Jayman Modus Nolan Park by Cardel Lifestyles nolanhillunited.com

McKnight Blvd NW

By: Genstar Builders: Excel Homes, Jayman40 Ave Nw MasterBuilt, Homes by Avi, Arcuri Homes genstar.com/calgary/carrington

Builders: Mark 101 by Shane Homes, Sage 32 Ave Ne (Coming Soon) Hill Park by Brad Remington 27 Ave Ne

By: Apex Developments & H3

14. University District

Builders: Excel Homes, Trico Homes, Truman Homes carringtonsouth.com

By: West Campus Development Trust Builders: Avi Urban, Brookfield Residential, Truman, Brenda Strafford Foundation, Gracorp Capital myuniversitydistrict.ca

24 Ave N w 24 Ave Nw 1 evanston.qualicocommunitiescalgary.com Developments

2. NOLAN HILL

N

1 4 St Nw

Nw

6. CARRINGTON

Mc

Cr e

Varsity

Dr N By: Qualico Communities w w Broadview, NuVista, Trico Builders: 40 Ave N Bo Homes, Pacesetter Homes, Sterling w w R e Homes, JaymanivBUILT The Link by r Tra n s Can ada Brookfield Residential Arrive by32Partners Ave Nw Hw y Developments The Loop by Streetside Developments

NEWw CONDOS

NEW HOMES

23 St Ne

NOTE: Please match map numbers with property Ave Nw 52 listings.

Calgary International Airport

72 A ve N e

14

85 St Nw

W

ot

w

a p pi Trl Nw

Bl v dN

Nw

w 1.BoEVANSTON

er fo

vd N

Bl

Airport Trail Ne 2

on

Dr Nw

100 Ave Ne 96 Ave Ne

gt

Hi ll

w

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No se

N lvd

Hi lls

Ha

Nw

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Barlow Trl Ne

Cou

w 14 St N

Nw

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Country Hills Blvd Ne

w

w

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Dr

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11 St Ne

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Nw

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Trl

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McCall Way Ne

N

201

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1

w

Co untry Hills Bl vd

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rail Nw eT

Sarc e

4

11

7

Trail NW ney Sto

Symon’s Valle

144 Ave Nw

6

Harvest

pi nap Tra il ga

2

9 5

8

15 St Ne

ha

S

85 St Nw

37 St Nw

13

d Symon’s Val l ey R

12

10

Centre St N

144 Ave Nw

144 Ave Nw

Ave Nw

O ak

Range Rd 14

Panorama Rd

NORTH WEST

Queen Elizabeth II Hwy

HOT PROPERTIES / CALGARY AREA

8. LIVINGSTON By: Brookfield Residential Builders: Homes by Avi, Brookfield Residential, Morrison Homes, JaymanBuilt, Cedarglen Homes Maverick by Avi Urban, Daytona Homes brookfieldresidential.com

9. EVANSRIDGE By: Dream Development Builders: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, WestView Builders, Calbridge Homes, Homes by Dream Avira by Jayman Modus lifeontheridge.ca

10. SHERWOOD Builders: Gablecraft Homes

11. KINCORA Builders: Emerald Sky by Carlisle Group, Diseno by Landmark Homes

nexthome.ca 25

N

mo

St George's Dr Ne

6 St Ne

wR Bo

Deerfoot T rl S e

rl Sw

St S e

76 Ave Se

Gl e

n more Trl Se

18 St S e

River Bow

A

cad

24 St Se

Elbo w Dr Sw

Blackfoot Trl Se

e

dS

nR

Heritage Dr

Se

Fairmo unt Dr Se

Haddon R d Sw

Se

de

66 Ave Se

t Trl foo

Elbo w Dr Sw

Dee

rfoo t

Trl S e 26

Centre St S

23 St Ne

Centre St S

r Se ia D

Anderson Rd Se 2

Se

and Dr

Quee ns l

Sw

wR

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lv

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Bo

do ea

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Se

Ca nyon M

5

naventure Bo Dr

Se

24 St Sw

37 St Sw

Anderson Rd Se

Woodview Dr Sw

Acadia Dr

Ch ar les

29 St N w

14 St Nw

MacLeo dT

45 St Sw

No rt h

wo od

20 St Sw

r ive

Og

37 St Sw

Rd Se en

20 St Sw

51 St Sw

Crowchild Trl S

Sarcee Trl Sw

6 9 S t Sw 69

S t Sw

1 4 St Nw

Nw Dr

Westbluff Rd

Barlow Trail Ne Se

Av

Barlow T r l

2

58 Ave Se

South land Dr Se

MacLeod Trl Se

14 St Sw

r Sw

Oakfie l

d Dr Sw

rE

ckfoot Tr l Se Bla 9A ve Se

25 Ave Se

Bl a c k

MacLeod Trl Se

14 St Sw

er D

Anderson Rd Se

Ne St 19

24 St Sw

Pa ll i s

River

d Og

w

75 Ave Sw

Heritage Dr

Southland Dr SW

Memoria lD

Bo w

Glenmore Trail Sw

90 Ave Sw

26 St Ne

19 St Ne

Range Road 31

e

rl S eT

58 Ave Sw

70 Ave Sw

GLENMORE RESERVOIR

8 Ave Ne

42 Ave Se

5 0 A v e Sw

66 Ave Sw

Macleo d Trail Se

Glenmor

l Ne Tr

w ay S 34 Ave Sw Council W 36 Ave Sw 38 Ave Sw

46 Ave Sw

1 2 St N

nt o n Ed m o

Sw Rd

Ne ve

17 Ave Sw

w

4 St Sw

Tra il S w

Bow Trl Sw

1 Ave Ne

9 Ave Se

1 6 St S w

d on hm Ric

1

9 Ave Sw w Trl S w Bo 11 Ave Sw

19 St Sw

1 Gle nm ore

Trans Canada Hwy

Kensington Rd Nw Memorial Dr Nw

6

Wh

27 Ave Ne

5 St Sw

17 Ave Sw

26 Ave Sw

2

32 Ave Ne

20 Ave Nw

Spruce Dr Sw Bo wT rl S w 8 Ave Sw

d

L o tt Cree k Dr

24 Ave Nw

Bow R iver

Bow Trl Sw

17 Ave Sw

24 Ave N w

Av eN w

32 A

40 Ave Nw

4 St Sw

8

McKnight Blvd NW

1

19 S t Nw

3

1A

37 St Sw

we rS pr in g

32 Ave Nw

Crowchild Trl Nw

8 5 S t Sw

4

77 St Sw

Horizon View Rd

Lo

Home Rd Nw

Old Banff Coach Rd sw

w

w

t Nw 0S

1

ch R d

ba nk R

p R oad 241

Hw y

C oa

Springbank Rd

Tow nsh i

R ive r

24 St Nw

Banff

Tra n s Can ada

Bo w

Nw 40 Ave N

rl Nw pi T Shaga n ap

Old

w

49 St Nw

2

Township Road 245

8

W

sN

16 Ave

1

Varsity D r

Cr e

Trans Canada Hwy

77 St Nw

85 St Nw

SOUTH WEST

52 Ave Nw

Bow

unt Dr

River

Township Road 250

64 Ave Ne

6

S

Hill

HOT PROPERTIES / CALGARY AREA Bo w

e Nw

Mc

d Se Blv

Fish Creek Blvd

Jam

w

nd kla

37 S t S

r Se n Meadows D Canyo Par

es McKevitt Rd Sw

Ri v

g Sha wini

Se

Shawnessy Blvd Sw

er

162 Ave Sw

Se ve 6A 14

Bo w

B ake lvd Midl

Sun Valley Blvd

Spruce Meadows Trl Sw

Pri dd

a hap rr a l Dr Se

Range Road 30

6

22

NEW CONDOS

Township Road 221

Range Rd 13

210 Ave W

NEW HOMES

226 Ave

4. WEST SPRINGS

8. THE RISE

By: La Vita Land Builders: Calbridge Homes mysticcalbridge.com

Builders: Vivace by Streetside Developments

5. EVERGREEN

By: West Grove Estates Builders: Brookfield Residential, Cedarglen Homes risewestgroveestates.com

Builders: Sanderson Ridge on Fish Creek

by Telsec

9. WOLF WILLOW

By: Qualico Communities Builders: Sterling Homes, NuVista Homes, Broadview Homes, Trico Homes calgary.qualicocommunities.com/ crestmont/

3. DRESSAGE IN SILVERADO By: Qualico Communities Builders: NuVista Homes, Baywest Homes, Augusta Fine Homes, Hunter House by Streetside Developments silveradobyqualico.com

26 New Home + Condo Guide | July 26–Aug. 23, 2019

9

210 Ave Se

1. MYSTIC RIDGE

2. CRESTMONT

ow

194 Ave Se

7

NOTE: Please match map numbers with property listings.

B

er Riv

194 Ave Sw

Sheriff King St

Range Rd 14

192 St W

3

201

22X

Chaparral Blvd

22X

C

178 Ave W Marquis Of Lorne Trl Sw

6 St Sw

178 Ave W

24 St Sw

22X

is V alley Rd

w

a n Dr S 162 Ave Sw

6. CURRIE BARRACKS By: Canada Lands Builders: Axess by Slokker Homes

7. BELMONT By: Anthem United Builders: Homes by Avi, Cedarglen Homes, JaymanBUILT, Morrison Homes, Shane Homes, Streetside Developments, Trico Homes belmontcalgary.com

By: Westcreek Developments Builders: Cove Properties, Stepper, Trico Homes, Shane Homes, JaymanBUILT, Morrison Homes, Maddison Avenue liveatwolfwillow.ca

n

ADVICE | MAKE YOUR MOVE

HOW TO MOVE PIANOS AND POOL TABLES

SAFELY

CHUCK RESNICK When it comes to moving households, handling large, bulky items is a challenge, especially if you decide to do it yourself.

Certain items are best left up to the pros. Here is a bit of professional insight into what it takes to move pool tables and pianos safely and successfully, without damage.

POOL TABLES

A pool table must be taken apart before moving it. Depending on the age of the table, you may or may not have the original documentation on how it was put together and how to take it apart.

Usually, the side rails and pockets come off, and the felt must be carefully removed.

Depending on the size of the table, it will be composed of up to three large, heavy pieces of slate that comprise the playing surface.

These slate surface pieces are often held into place on the frame with screws covered with bees wax. You have to know to look for these; otherwise you can do damage. Each section of slate has to be wrapped in moving blankets.

The slate pieces should not be laid flat in the truck, as being jostled during the trip will create stress points that could cause cracks. The slate pieces should be secured vertically at the sides of the truck and should not come into contact with anything else during transport.

When it’s time to reassemble the table at the other end, it’s important to know just how heavy it is and place the sections of it carefully, realizing that its weight can have an effect on floorbearing capacity. Ideally, pool tables should go into a basement on a concrete floor.

PIANOS

It takes a minimum of three people to move a piano. The process begins with removing the pedal system, which must happen in a systematic way for the number of bolts that hold it onto the instrument. Pad wrap everything with moving blankets and stretch wrap each piece for added protection.

The process for dismantling the rest of the piano depends on the type. Usually, one leg has to be lifted and unbolted to come off.

Leave the bolting system attached and pad wrap and stretch wrap each leg so nothing is lost.

At this point, lower the piano gently on its side onto a special piano sled. Remove the second leg while at least two people are supporting the piano.

Then, shift the piano to an upright position at the edge of the sled, which has an indentation to accommodate the lid overlap so the piano does not touch the floor.

It sits on a cushioned blanket and is secured to the sled to prevent pressure points while being moved. Then it becomes easy to remove the final leg.

The piano body is pad wrapped and stretch wrapped and then eased onto a special dolly and wheeled out the door. The piano

should remain on the dolly, which becomes part of it during transport. It’s strapped it to the side wall of the truck, halfway between the two wheel bases, for the least amount of jostling.

Once it is reassembled in the new home, it is critical that the owners have the instrument re-tuned, as there will be some unavoidable changes from the move.

Whether it is a pool table or a piano, consider hiring a professional moving company to these transport items. Neither you nor an inexperienced mover should be learning the process while handling your large, bulky possessions.

Chuck Resnick is vice-president, marketing and operations at Two Men and a Truck – Canada. twomen.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

nexthome.ca 27

TRENDING

BILD CALGARY REGION SALUTES ITS VOLUNTEERS

by HEATHER RYAN

BILD CALGARY REGION saluted the individuals who help make the organization strong at its annual general meeting last month, where new board members and chair for the 2019-20 year were also announced.

“Simply put, BILD Calgary Region wouldn’t be able to be as effective and prominent without the hard work of our dedicated volunteers,” says CEO Brian Hahn. “Their commitment to our committees and events is an invaluable resource to the work we do every day while ensuring our

28 New Home + Condo Guide | July 26–Aug. 23, 2019

advocacy remains as in touch with industry concerns as possible.”

“Our volunteer opportunities are diverse,” he says. “Volunteers are able to participate in one of our committees, assist at events, judge submissions for the annual BILD Awards or serve on our Board of Directors.”

More than 700 hours is volunteered by more than 500 volunteers every year and members work tirelessly for the betterment of the association and the industry, whether at city hall lending their expertise,

“

Our volunteer opportunities are diverse… Volunteers are able to participate in one of our committees, assist at events, judge submissions for the annual BILD Awards or serve on our Board of Directors.

”

organizing and planning special events, promoting the industry, or supporting the association’s many activities.

“Our association’s success is linked directly to the dedicated volunteerism of our members,” Hahn adds. “BILD Calgary Region is our volunteers, and they make up the backbone of what our association does.”

BILD Calgary Region recognized their outstanding dedication, leadership or expertise by honouring milestone achievements for years of service, presented to the following: • FIVE YEARS: Paul Bergmann, Chapel Rock Developments; Elaine McKee Doel, McKee Homes; Scott Campbell, Hopewell Residential Management; and Kami Gelinas, Tech-Wood Building Components.

• 10 YEARS: Raphael Jimenez, Homes by Us; Dave Rickett, Shane Homes; and Jasraj Singh, Klair Custom Homes.

• 15 YEARS: Daryl Bodie, Star Building Materials.

• 20 YEARS: Richard Geleta, CIMA Canada; and Bill Tillapaugh – Lenbeth Weeping Tile.

• 25 YEARS: Steven Ho, Tricor Design Group.

An exceptional milestone achievement was also recognized

Collin Campbell, VP, Land Development, Mattamy Homes

– Bob Nobes, who has continually been involved as an active volunteer with the association for 37 years. He is a past chair and currently sits on the Economic Advisory Committee.

“Bob is not BILD’s longest serving nor oldest freestanding volunteer,” Hahn says, “but he comes very close.”

BILD also welcomed new directors to its board: Wendy Going, GM, Calgary Division/ Managing Partner Timber Tech Truss Inc.; Elaine McKee Doel, President, McKee Homes Ltd.; James Robertson, President & CEO, West Campus Development Trust; Oliver Trutina, VP, Truman

Homes; Shane Wenzel, President, Shane Homes; Mark Wynker, VP Community Development, Stantec Consulting Ltd.; and Melanie Gowans, Manager, Media Sales, Postmedia Calgary.

Three additional board members were yet to be announced by press time.

The association will be led by the new chair for 2019-20 term – Collin Campbell, VP, Land Development, Mattamy Homes.

The new board members will be joining the following returning board members: Ryan Boyd, Senior VP Calgary Communities, Brookfield Residential; Michael Cundy, Sales Manager, Regal Building Materials Ltd.; Mike Foster, General Manager/Director, Rob’s Drywall Services Ltd.; Brett Friesen, VP Community Development, Hopewell Residential Management; Jill Huber, Senior Project Manager, Development, Calgary Municipal Land Corporation; Sean Nolan, President & CEO, Excel Homes; Kathy Oberg, Managing Partner, B&A Planning Group; and Jane Power, Senior Planner/Principal, Urban Systems Ltd. Additionally, outgoing chair Paul Boskovich, President, Alberta, Genstar Development Company, will stay on as past chair, while Robert Homersham, Senior Council, Stikeman Elliott LLP, returns as speaker. nexthome.ca 29

3. WALDEN

SOUTH EAST

72 Ave Se

76 Ave Se

76 Ave Se

Se

52 St Se Av

130 Ave Se

52 St Se

Se

Se

Quee ns l

d Se Blv

Deerfoot Trl Se

nd kla

Se ve 6A 14

Se

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7. QUARRY PARK

9

2

By: Remington Developments CHAMPAGNE by Remington Developments THE GATES by Remington Developments GLADSTONE by Remington Developments

10

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CHALET NO. 6 by Hopewell

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by Brad Remington Homes legacylife.ca

6. COPPERFIELD COPPERFIELD PARK by Brad

8 4

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Chaparral Blvd

Sheriff King St

B

194 Ave Se

3

r Se ay D

52 St Se

6 St Sw

a hap rr a l Dr Se

By: Westcreek Developments Builders: Carlise Group, My Legacy Park, Aldebaran Homes, Trico Homes, Jayman, Shane, Stepper, Cambridge, Luxuria, Sterlin, WestCreek Homes, Morrison Homes, Crystal Creek LEGACY GATE by Carlisle Group

LEGACY PARK

e hogany B lvd S Ma

201

201

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11

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Se

Sun Valley Blvd

5. LEGACY 8 4 St S e

130 Ave Se

cK enzie Dr S e Mt M

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By: Hopewell Residential Builders: Jayman BUILT, Hopewell Residential, Homes by Avi, Excel Homes SANDGATE by Hopewell Builders: Calbridge Homes, Morrison Homes, Homes by Avi mahoganyliving.com

Stoney Trail Se

iver

Se lvd

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Dou g l a sd ale B

4. MAHOGANY

MAHOGANY ESTATE

114 Ave Se

52 St Se

Bo

and Dr

Se

Acadia Dr

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2

201

Barlow Trl Se

r Se ia D Anderson Rd Se

naventure Bo Dr

90 Ave Se

24 St Se

A

11 4

B ake lvd Midl

Glenmore Trl Se

84 St Se

River Bow

MacLeod Trl Se

cad

30 St

18 St S e

7

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By: Genstar Builders: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Cedarglen Homes, Rockford Jackson by Avi Urban WALDEN PLACE by Cardel Lifestyles waldenliving.ca

Stoney Trail Se

Bl a c k

Heritage Dr

South land Dr Se

48 St Se

Deerfoot T

w Bo

HOT PROPERTIES / CALGARY AREA

8. WESTMAN VILLAGE By: Jayman BUILT Builders: Jayman BUILT westmanvillage.com

12

9. SETON NOTE: Please match map numbers with property listings.

NEW HOMES

1. AUBURN BAY

2. CRANSTON

By: Brookfield Residential Builders: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman BUILT, Morrison Homes, Discovery Homes AUBURN WALK by Cardel Lifestyles CANOE by Avi Urban REGATTA by Brookfield Residential liveauburnbay.ca

By: Brookfield Residential

NEW CONDOS

CRANSTON RIDGE

by Cardel Lifestyles

ZEN CRANSTON

by Avalon Master Builder brookfieldresidential.com

RIVERSTONE OF CRANSTON Builders: Cedarglen Homes, Baywest Homes, Calbridge Homes, Brookfield Residential ORIGINS by Streetside Developments experienceriverstone.com

By: Brookfield Residential Builders: Avalon Master Builder, Brookfield Residential, Cedargle n Homes, Jayman BUILT, Rohit Communities, Trico Homes thesetonexperience.com

10. WOLF WILLOW By: Westcreek Developments Builders: Cove Properties, Stepper, Trico Homes, Shane Homes, JaymanBUILT, Morrison Homes, Maddison Avenue liveatwolfwillow.ca

11. COPPERSTONE By: Vesta Properties copperstoneliving.com

12. ARTESIA AT HERITAGE POINTE By: Brookfield Residential Builders: Augusta Fine Homes, Homes by Avi, Brookfield Residential liveinartesia.com 30 New Home + Condo Guide | July 26–Aug. 23, 2019

TRENDING

NEW REPORT

EXAMINES IMPACT OF MORTGAGE STRESS TESTS The federal government is getting more heat about its mortgage stress test, this time from Mortgage Professionals Canada (MPC), the national mortgage industry association representing mortgage brokers, lenders, insurers and industry service providers.

A report from MPC Chief Economist Will Dunning released in May 2019 outlines in detail how stress tests have contributed to a decline in housing activity in Canada, including the construction of lowrise homes, which are now in the process of a downturn.

“Each housing start that is lost has an economic impact that is 10 times greater than for each lost resale transaction,” says Dunning.

“The adjustments for new construction occur quite gradually.

The economic impacts have barely

“

Each housing start that is lost has an economic impact that is 10 times greater than for each lost resale transaction…

”

begun, will develop slowly, and won’t be fully experienced until the second half of 2021.”

MPC said in a news release that the report is a plea to the federal government to start considering changes quickly to avoid the consequences.

“For some time, our association and others have emphasized that the major defect within the stress tests is that they fail to consider the income growth that will be experienced by the mortgage

borrowers,” says Paul Taylor, president and CEO of MPC. “At two percentage points above the actual contracted rates, the stress tests on insured and uninsured mortgages are causing serious and undue negative impacts to the Canadian economy and to the housing market. We advocate for prudent amendments to the current framework. This includes a stress test of 0.75 percentage points to account for higher income and reduced mortgage principal.” nexthome.ca 31

PROPERTY PROFILE

WENTWORTH POINTE TOWNHOMES TIP THE SCALES IN TRICO’S FAVOUR There are townhomes, and then there’s Wentworth Pointe by Trico Homes. Located in the prestigious west side community of Wentworth, these are not your standard townhomes. While one of the two show suites is billed as ‘standard’, keep in mind that this is Trico’s standard, not everyone else’s.

32 New Home + Condo Guide | July 26–Aug. 23, 2019

Both show suites at Wentworth Pointe feature the Ashbury model, says area manager Crystal Chu, in keeping with Trico’s approach of building suites to suit the building location. For example, she says, street-facing homes have the floorplan reversed so the balcony overlooks an inner courtyard

rather than a busy street. Also, it allows the consumer to see the differences between a standard plan and one with all the upgrades.

The development consists of 12 blocks of townhomes, with 83 total units at final build-out. Block 6 has just been released for sale, and construction began this past June.

+

LOCATION Wentworth BUILDER Trico Homes HOME TYPE Townhome CONTACT wentworthpointe.com DEVELOPER tricohomes.com

First possessions in Block 6 are scheduled for March 2020, while the last two buildings are expected to be completed by the end of 2020. There are also currently 16 homes complete and ready for immediate possession, says Chu. Technically, she says, four different floorplans are available but different layouts are available in different buildings. For example, she says, single garage plans are all sold out and there are only two Ashbury plans left.

Of course, with a difference of just a few square feet between the various plans, it’s really a moot point as the main difference is the size of the balcony – they’re all a good size, but the Ashbury has the largest outdoor living space,

complete with a natural gas hook-up.

Both show suites feature the Ashbury model – one standard but with the dual master bedroom and ensuite option, and the other with all the upgrades, but with three bedrooms on the upper floor.

“So far,” says Chu, “it’s been pretty much a 50/50 split between the two-bedroom and three-bedroom options. It’s such a diverse market of buyers out here in terms of ages, cultures and lifestyles. I’ve never seen such a wide variety of people at different stages of life. The thing they all have in common is they want to be on the west side and they want a very residential feel to the community.”

For starters, when you enter the double garage it’s on the ground floor, not underground, meaning residents have a full basement under their home and the upper floor is a true third storey level.

What the two show suites have in common is a large, bright entry level with an extra room that can be used as a mudroom, storage space, an office, gym or, in a pinch, a guest bedroom.

Both come with a full array of appliances, including a gas stove and stacked washer/dryer. The standard show suite has Whirlpool, while the upgraded home has built-in KitchenAid appliances.

Things that might be considered upgrades with some builders are standard for Trico, like quartz countertops, ceramic tile flooring in the entry way and bathrooms, and luxury vinyl plank flooring in the living spaces. Upgrading moves you into engineered hardwood floors, a modern hexagonal ceramic tile kitchen backsplash, hood fan and dark maple wood stair railings.

Best of all, says Chu, it’s all available starting from around $465,000 including GST. “For people who want to live in a new home on the west side without spending $800,000 – it’s the perfect option.” nexthome.ca 33

WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

REAP THE REWARDS OF AWARD-WINNING LIVING

INCREASE YOUR ENJOYMENT WITH AN OUTDOOR KITCHEN

nexthome.ca/REAP-benefits

nexthome.ca/outdoor-kitchen-enjoy

NEW-HOME SALES IN THE GTA CONTINUE TO BE STRONG

COTTAGE INVITE? TEN GREAT GIFT SUGGESTIONS FOR YOUR HOST

nexthome.ca/GTA-new-home-sales

nexthome.ca/10-hostess-gifts

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