Edmonton New Home Guide - Aug 10, 2018 by NextHome

AUG 10 â&#x20AC;&#x201C; SEPT 7, 2018 | nexthome.ca

EDMONTON EDITION

Connecting Canadians to new HOMES & CONDOS for more than 25 years

GRAND OPENING PARTY! SEE PAGE 14 FOR DETAILS

INSIDE:

PLANNING FOR YOUR FIRST HOME AS RATES RISE

IDEAS FOR INDOOR COTTAGE DECOR

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

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

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@AbbeyLaneHomes1

info@abbeylanehomes.com

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AUG 10 - SEPT 7, 2018 | VOLUME 30 ISSUE 8

CONTENTS

14 ON THE COVER:

Edgemont Ravines IN WEST EDMONTON SEE PAGE 14 8 NextHome.ca

EDITOR-IN-CHIEF

Susan Legge MANAGING EDITOR

Wayne Karl EDITOR

Marisa Baratta ACTING ART DIRECTOR

Miguel Cea CONTRIBUTING EDITORS

Sara Duck Marlene Eisner MEDIA CONSULTANT

Nancy Chemait 780.619.3241

42 DESIGNER JO ALCORN’S TIPS FOR INDOOR COTTAGE DECOR PROPERTY PROFILES

24 Impact Homes

28 Mortgage Intel

Overcoming mortgage affordability hurdles

New Trireme showhome in Crystallina Nera

30 Tamani Communities

launches custom-built estate neighbourhood in Leduc

BY ALYSSA FURTADO

IN EVERY ISSUE

TRENDING

10 Editor’s Note 38 Web Directory

16 Royal LePage

MAPS

Edmonton one of the steadiest markets in Canada

20 CMHC

Self-employed? New rules help prospective homebuyers

ADVICE

12 BILD Alberta Report

Buying a new home: To work with a realtor or not? BY CARMEN WYTON

22 Keehn on Money

Planning for your first home as rates rise BY KELLEY KEEHN

11 Edmonton area 13 West 17 Spruce Grove & Stony Plain

19 North West 21 Fort Saskatchewan & Sherwood Park

23 27 29 33 34

GRAPHIC DESIGNER

Miguel Cea, Hannah Yarkony PRODUCTION CO-ORDINATOR

Dennis Ng

2891 Sunridge Way NE, Calgary, AB T1Y 7K7 nexthome.ca

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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 2018. 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. EDITORIAL Submissions from interested parties will be considered. Please submit to the editor by email to marisa.baratta@ nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

North East South East Beaumont & Leduc South South West

AUG 10 - SEPT 7, 2018 9

EDITOR’S NOTE

EQUIP YOURSELF WITH MARKET KNOWLEDGE

MARISA BARATTA EDITOR NextHome EMAIL: marisa.baratta@nexthome.ca TWITTER: @marisabaratta

Remember when the stress test came into effect earlier this year? The Office of the Superintendent of Financial Institutions proposed these rules in 2017 to help guide prospective homebuyers towards homes that align well with their budget. Is it working? The answer is yes, judging by real estate market observations throughout the year. According to Royal LePage, home price appreciation slowed across Canada in the second quarter of this year – likely in part because of the OSFI regulations – but Royal LePage forecasts that the aggregate price of a home will pick up by the end of this quarter (page 16). Edmonton, in fact, has one of the steadiest real estate markets in the country! Speaking of rising numbers, mortgage rates have gone up, too. Is it still a good time to buy? Kelley Keehn shares her tips for today’s prospective homebuyers on page 22. And in preparation for mortgage time, Alyssa Furtado offers some suggestions for making a mortgage more affordable (page 28). If you’re self-employed and thinking about buying a home, here’s some good news – this October, Canada Mortgage and Housing Corp. is introducing new rules to help make it easier for self-employed buyers to obtain a mortgage (page 20). Considering Canada’s “gig economy” is growing, this comes at a good time! There’s a lot to think about when it comes to buying a new home. So, consider taking things one step at a time, until eventually these steps lead you to your new home.

PAGE 20: Self-employed? Qualifying for a mortgage is about to get easier – new, helpful rules take effect this October.

+ get social 10 NextHome.ca

Interact with us on social media: nexthome

EDMONTON AND REGION CHECK EACH AREA DISTRICT MAP FOR MORE INFORMATION

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SUMMERSIDE

HERITAGE

AUG 10 - SEPT 7, 2018â&#x20AC;&#x192;11

ADVICE | BILD ALBERTA REPORT

REALTORS

TO WORK WITH ONE OR NOT?

CARMEN WYTON

A question homebuyers often ask when considering a newly built home is whether they need a realtor to help them through the process. While this decision may come down to personal preference, understanding the relationship between realtors and home builders as well as the process of purchasing a new home is a step in the right direction. RESEARCH AND OPTIONS

Many homebuyers start their search online to decide if a new build or resale will best suit their needs. If you’re still unsure, having a realtor show you some homes could be helpful. If a brand-new home has been in your sights from the start, you may not need to use a realtor for the sale. Instead, get to know the sales staff of your home builder of choice, build a relationship, and make sure you will feel comfortable and supported throughout the process. REALTORS AND BUILDERS

Realtors have access to a comprehensive database of home listings, new and resale. They will show you properties based on what they feel will best suit your needs, and you can ask them to include new homes in their search. If they find a new home that ticks off boxes on your must-have list, they shouldn’t hesitate to share it with you. 12 NextHome.ca

From here, the builder’s listing agent will likely take over and help you the rest of the way through the process. They will have the most knowledge on the details of the home and be able to make sure you’re kept in the loop throughout the process. This agent will also be a valuable resource for learning about your new community and the specifics of your new home. If you feel confident in your negotiating ability, and have researched the process of purchasing a newly built home, you likely don’t need to worry about bringing a realtor past this point. Realtors can also be helpful with overseeing the home inspection process, recommending financing options and negotiating extras. The builder’s listing agent can also help you with this.

COLLABORATION AND SUPPORT

Remember, if there is ever a time in the homebuying process where you aren’t certain about something, don’t be afraid to ask for clarification. Realtors and builders have a longstanding unwritten agreement to work collaboratively. In both professions, the main goal should always be ensuring that you understand the process and are happy with your new home. Carmen Wyton is CEO, Building Industry and Land Development Alberta Association (BILD Alberta), the unified voice for the land development, home building and renovation industry in Alberta. bildalberta.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES / EDMONTON AREA

170 St Nw

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NOTE: Please match map numbers with property listings.

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By: TROIKA Builders: Daytona Homes, City Homes, Kirkland Homes Location: Bounded on the east by Anthony Henday Drive and on the north by Stony Plain Road

15. ROSENTHAL

By: Melcor Developments Ltd. Daytona Homes, Homes by Avi, Landmark Legacy Homes, Lincolnberg Homes, Dolce Vita Homes, Western Living Homes, Encore Master Builder, Look Master Builder, ReidBuilt Homes Location: 215 Street & Whitemud

23 Ave Nw

NEW HOMES

1. THE CALIFORNIAN PARKLAND By: Abbey Lane Homes Location: 2035 Grantham Crt.

2. GROVENOR MANOR By: Pelham Master Builder Location: 10126 - 144 St.

3. HAVEN TOWNHOMES By: Brookfield Residential Location: 7385 Edgemont Way

4. SECORD CHALET By: Hopewell Location: 5 - 320 Secord Blvd.

5. VIP AT CALIFORNIAN PARKLAND By: Abbey Lane Homes Location: 2035 Granthan Crt.

6. STAFFORD GREENS (STAFFORD GREENS II COMING SOON) By: Alldritt Group Location: 7508 Getty Gate

16. TIMBERIDGE AT EDGEMONT

By: Rohit Land Deveopment Builders: Dolce Vita Homes, Pacesetter Homes, Rohit Communities Location: 199 Street & Elston Gate NEW CONDOS

WINDERMERE

7. WEBBER GREENS

By: Hopewell Residential Communities Builders: Daytona Homes Master Builder, Innovations by Jayman, Jayman MasterBUILT, Prominent Homes, Hopewell Residential Location: North of Whitemud Drive on 215 Street

Builders: 14

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By: Alldritt Land Corp. LP Builders: Alldritt Homes, Bedrock Homes, Crimson Cove Homes, Infiniti MasterBuilt, Kanvi Homes, Kimberley CustomBuilt, Pacesetter Homes, Parkwood Master Builder, San Rufo Homes Location: SW corner of Whitemud Dr. & Guardian Rd.

14. STEWART GREENS

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GLASTONBURY

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17. RIVERS EDGE

By: Christenson Group Location: 3090 Cameron Heights Way

8. THE UPLANDS AT RIVERVIEW By: Qualico Communities Builders: Augusta Fine Homes, Coventry Homes, Daytona Homes, Homes by Avi, Jayman MasterBUILT, Kimberley Homes, Pacesetter Homes, Sterling Homes, Streetside Developments Location: 199 St. & 27 Ave.

9. THE PROPERTIES OF DONSDALE

By: Alldritt Land Corporation LP Builders: Open Location: 178 Street south to Lessard Road, turn on Danbury Boulevard

10. EDGEMONT

By: Brookfield Residential Builders: Brookfield Residential, Daytona Homes Master Builder, Homes by Avi, Look Master Builder Location: Lessard Rd. & 199 St., to Edgemont Way

11. CAMERON HEIGHTS

By: Cameron Heights Joint Venture Builders: Canyon Spring Master Builder, Hillview Homes Master Builder, Landmark Homes, Darren’s Homes, Classic Landmark Homes, Kanvi Homes, Marcson Homes, Look Homes Location: South on Anthony Henday to Cameron Heights Drive

By: Melcor Developments Ltd. Builders: Bedrock Homes, Landmark Homes, Lincolnberg Master Builder, Fekete Homes, Canyon Spring Homes Location: 96 Ave & 206 Street

AUG 10 - SEPT 7, 2018 13

SPONSORED CONTENT

Allard’s Edgemont Ravines offers beautiful natural setting Nestled in a beautiful natural setting yet just minutes from a wide range of amenities Edgemont Ravines at the end of a busy day. close to the Anthony Henday, Allard Developments is creating Edgemont Ravines – a small enclave of just 122 homes on 20 acres in a quiet corner of Edgemont. “Edgemont is one of the hottest areas in west Edmonton because of Wedgewood Ravine, its close proximity to Anthony Henday and its overall matured feel,” says vice-president Paul Allard. “Edgemont Ravines is a rare find for buyers because it has the ravine on three sides – really surrounding the neighbourhood – with lots of trees and natural green space creating a mature feel that you really don’t get in newer communities.” Allard will be creating a pathway around the community with connectors to residential sidewalks allowing residents the chance to explore, and this pathway will also link up to those already in place in Edgemont. There will also be two parks in the community including one at the entrance. “We’ve already had quite a bit of interest from buyers and with just 122 lots we expect it will sell fast because it really is unique and the proximity to the Henday is second to none.” Allard’s design for the neighbourhood allows for “around 40 lots to back onto the ravine and another 15 lots that will look onto it, so about half the lots are amenity lots, and we’ll have around 22 to 24 walkout lots,” Allard notes. Lots will range in size from 34 to 40 ft. The architectural theme throughout the community will be diverse and relaxed styling, Allard says. “We wanted a lot of choice in design and we selected some of our best sellers from our other communities.” This approach ensures an eclectic blend of contemporary and classic looks defined by five architectural styles – Heritage, Contemporary, Modern Farmhouse, Prairie and Modern – creating an esthetically pleasing streetscape.

14 NextHome.ca

Allard has selected four exceptional builders – Akash Homes, Marcson Homes, Parkwood Master Builder and StreetSide Developments – which are crafting frontattached garage homes with mostly two-storey designs, although StreetSide will introduce a bungalow style, and homes will range from 1,600 to 2,400-plus sq. ft. There are four showhomes underway with a grand opening scheduled for Sept. 22 that is sure to draw hundreds of visitors not just to view the stylish new homes, but to join in a special celebration. Lifestyle blogger and media personality Kari Skelton is hosting a Dream House Warming Party in celebration of the showhomes’ grand opening that will include some of her favourite local caterers, brands, chocolate companies, etc., who will be featured throughout the showhomes. “It will be an afternoon (noon to 5 p.m.) full of fun, drinks, appetizers and entertainment,” Skelton says. “Everyone is welcome to come out and join in and the first 50 people will receive a house warming gift.” with the Anthony Henday close by, so residents are minutes from neighbouring schools, shops, services and restaurants and enjoy a quick connection to the rest of the city. It’s also home to parks, a future school neighbourhood conveniences. For more information on Edgemont Ravines, visit edgemont-ravines.com.

LOCATION Edgemont Ravines in west Edmonton DEVELOPER Allard Developments HOME TYPE Front-attached garage homes CONTACT edgemont-ravines.com

TRENDING

EDMONTON

ONE OF THE STEADIEST MARKETS IN CANADA Edmonton home prices may have declined slightly in the second quarter of 2018, but they’re expected to pick up by the end of this quarter, according to Royal LePage. In the latest Royal LePage House Price Survey and Market Survey Forecast, the aggregate price of a home in Edmonton declined modestly in the second quarter of 2018, decreasing 1.4 per cent yearover-year to $377,218. When broken out by housing type, the aggregate price of a twostorey home inched downwards 0.7 per cent year-over-year to $436,722. The aggregate price of a bungalow also decreased 1.5 per cent year-over-year to $369,100, while the price of a condominium decreased 5.3 per cent year-overyear to $223,787. However, Royal LePage forecasts that the aggregate property value in Edmonton will rise by the end of the third quarter.

now, there is enough demand present in the market that, when priced correctly, a home will sell relatively quickly.” Looking forward to the end of the next quarter, Royal LePage forecasts that the aggregate property value in Edmonton will rise 1.0 per cent quarter-overquarter to $381,177.

EDMONTON MARKET ONE OF THE STEADIEST IN CANADA

PRICE APPRECIATION

During the second quarter of 2018, supply in the Edmonton region reached new heights, rising to levels not seen since the global financial crisis in 2008. While this gave purchasers more selection and bargaining power when looking for a home, prices remained relatively stable due in part to sales activity, which hovered near the five-year average. “Edmonton continues to be one of the steadiest real estate markets in Canada,” says Tom Shearer, broker and owner, Royal LePage Noralta Real Estate. “Even with all of the selection available right

SLOWED ACROSS CANADA

16 NextHome.ca

Nationally, home price appreciation slowed across Canada in the second quarter of 2018, marked primarily by softness in the Greater Toronto Area (GTA), where many regions have witnessed year-over-year price declines. “It was a spring market that never blossomed,” says Phil Soper, president and CEO, Royal LePage. “As anticipated in our original 2018 forecast, the new federal mortgage stress-test measures slowed the market to a standstill in much of the country, as some

families adjusted their expectations in a world with lower borrowing capacity, and others not impacted by the OSFI regulations moved to the sidelines, adopting a ‘wait and see what happens to home prices’ approach.” FORECAST: INCREASING SALES AND PRICES IN SECOND HALF

Looking ahead, Royal LePage is projecting an uptick in home price appreciation in the third quarter and forecasts that the aggregate price of a home in Canada will increase 1.9 per cent over the next three months. “The economy is strong and unemployment is very low,” Soper continues. “We face shortages in our major cities, with many more people looking for homes than the market has available for purchase or rent. Upward pressure on prices will likely return to most markets during the third quarter.” For more information, visit royallepage.ca

Boulder Blvd

HOT PROPERTIES / EDMONTON AREA

779

MERIDIAN MEADOWS

STONY PLAIN

WOODHAVEN

McLeo d Ave

GROVE MEADOWS

55th Ave

5 7 Av e

THE GLENS HERITAGE ESTATES

Wes terra D NEW HOMES

7. GREENBURY

By: Lang Built Homes Location: Just off of Harvest Ridge Drive

2. ALTIUS MCLAUGHLIN

8. THE WOODS AT KENTON

3. HERITAGE CREEK

Builders: Alquinn Homes, Open to the public Location: Century Road., south of Hwy. 16 at Vanderbilt Common

By: Streetside Developments Location: 50 McLaughlin Drive

Township Rd 524By: Beaverbrook Communities

By: The Christenson Group Location: 50 Heatherglen Drive

4. HARVEST RIDGE

By: Lamont Land Builders: Alquinn Homes, Bedrock Homes, Homexx, Lang Built Homes, Montorio Homes, Pacesetter Homes, Southbend Developments Location: North of Grove Drive & West of Jennifer Heil Way

9. PRESCOTT

By: Beaverbrook Communities Builders: Averton Homes, Bedrock Homes, MacLachlan & Mitchell Homes Location: Grove Drive, east of Century Road

10. JESPERDALE

By: Melcor Developments Ltd Builders: ReidBuilt Homes, Encore Master Builder Location: North of Grove Drive

5. HAWTHORNE AT HEATHERGLEN

11. STONESHIRE

By: Qualico Communities Builders: Open to the Public Location: West Grove Drive & Meadowland Way

By: Melcor Developments Ltd. Builders: Canyon Springs Master Builder, Stonegate Developments, Lang Built Homes Location: Longeview Drive & Fairway Drive

6. SPRINGATE AT SPRUCE RIDGE

12. MCLAUGHLIN

By: Qualico Communities Builders: Sterling Homes, Alquinn Homes Location: Grove Drive & Spring Gate

79 Ave

COUNTRY PLAINS ESTATES

779 NEW CONDOS

By: Beaverbrook Communities Builders: Western Living Homes, Dolce Vita Homes, Alquinn Homes, Cami Comfort Homes, San Rufo Location: Grove Drive & Pioneer Road

1. EDGEWATER VILLAS

Fa i rway R d

Century Rd

SPRUCE GROVE

Golden Spike Rd

Campsite Rd S

Boundary Rd

NOTE: Please match map numbers with property listings.

Gra ybriar Dr

sterra B We lvd

HOMESTEADS

WILLOW PARK

Parkland Hwy

South Av e

Diamond Ave

TES

5 0 Ave

Grove Dr 9 W

King St

47 Ave 49 Ave

45 St

W oo have d nD r

MILLGROVE

WESTGROVE

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Boundary Rd

WOODSIDE

HILLDOWNS

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12 5 6

16A

44 Ave

50 St

Century Rd

4 Grove Dr

DEER PARK

Calahoo Rd

r eD

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Jennifer Hell Way

HARVEST RIDGE

gview Lon

Pioneer Rd

Yellowhead Hwy

Parkland H wy

Golf Course Rd

SPRUCE GROVE

STONY PLAIN 1. THE BRICKYARD

By: Old Town Development Corp. Builders: Daytona Homes Master Builder, Kirkland Homes Master Builder, Lakeview Developments Location: West of 50th Street & 50th Avenue

2. WESTERRA

By: Qualico Communities Builders: Coventry Homes, Sterling Homes Location: Golf Course Road & 79 Avenue

3. SILVERSTONE

By: Qualico Communities Builders: Open to the Public Location: South on Boundary Road at 44th Avenue

4. SOUTHCREEK

By: Qualico Communities Builders: Pacesetter Homes, Alquinn Homes Location: South of Fairway Drive & West of Boundary Road.

By: Melcor Developments Ltd Builders: Bedrock Homes, Look Homes, Pacesetter Homes Location: Westgrove Dr & McLaughlin Dr

ce spa g Memories need

row

Visit our showhomes to choose your own adventure! westerrastonyplain.com

AUG 10 - SEPT 7, 2018â&#x20AC;&#x192;17

AV 1 AI , 2 LA & BE 3 B FR ED O RO M O $2 M 45 S ,0 00

THE CONNAUGHT AT GRIESBACH

LUXURY CONDO LIVING IN EDMONTON NORTHWEST COMMUNITY Modern, luxurious condo living in the heart of historic Griesbach. Enjoy the many amenities available exclusively to residents of The Connaught including The Library, The Games & Amenity Room and The Fitness Facility. Only a short walk from Griesbach Square with Shopperâ&#x20AC;&#x2122;s Drug Mart and other food and service shops. Minutes away from shopping including Northgate Shopping Centre, Londonderry Mall, Castledowns Recreation Centre and much more. Feel connected to nature and your community by enjoying the beautiful manmade lakes and walking trails throughout Griesbach.

Parade 97 St NW

ch sba

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au G

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Monday-Thursday 2-7pm Weekends 1-5pm Closed Fridays & Holidays

HOT PROPERTIES / EDMONTON AREA 12. NEWCASTLE

NORTH WEST

By: Qualico Communities Builders: Sterling Homes, Pacesetter Homes, Coventry Homes, Reid Built Homes Location: 167 Avenue & 127th Street

Valour Ave

w rl N rt T

2. SOLARA AT SKYVIEW By: Abbey Lane Homes Location: 12650 142 Ave. NW

3. STARLING AT BIG LAKE By: Rohit Land Development Location: 137 Avenue & Ray Gibbons Drive

4. ALTIUS SKYVIEW By: Streetside Developments Location: 12815 Cumberland Rd.

5. ALOFT SKYVIEW By: Streetside Developments Location: 12804 - 140 Ave.

6. JUNO TOWNHOMES By: Slokker Canada West Location: 2570 Pegasus Blvd.

97 St Nw

St N w

By: Canada Lands Company Builders: Coventry Homes, Concept Homes, Homes by Avi, Impact Homes, Pacesetter Homes, SlokkerWest, Carrington Condos Location: 137 Avenue North on 97 St. West on Griesbach Road

15/7

107 St Nw 2

NEW HOMES

91 St Nw

Location: Castle Downs Road & McCrae Avenue

15. VILLAGE AT GRIESBACH

9 Ave Nw

Yellowhe ad Trail w

118 Ave Nw

By: Walton Development and Managment L.P Builders: Hopewell Residential, Montorio Homes, Morrison Homes, Reid Built Homes, Akash Homes Location: North of Yellowhead Trail on 215 Street

h Rd Nw

107 St Nw

1. COVENTRY HOMES

127 St Nw

NOTE: Please match map numbers with property listings.

142 St Nw

156 St Nw

127 Ave Nw

149 St Nw

170 St Nw

1 8 4 St Nw

ns Tr a

132 Ave Nw

131 Ave Nw

Hwy ada Can

137 Ave Nw

2 8 Ave Nw

115 St Nw Cas tle 112 St Nw

p persw il

1 21

14. HAWKS RIDGE AT BIG LAKE

s Rd Nw wn Do

Grie s b

Cumberland Rd

lbe

137 Ave Nw

v 50 A e N w

153 Ave Nw

By: Canterra Developments Corp. Builders: Open Location: 110 Street & 176 Avenue

172 A v e Nw

121 St N

ais

Ge rv

1 5 5 Ave Nw

A St

156 St Nw

y da

216

162 Ave Nw

Levasseur Rd

11 y H on th An

167 Ave Nw

119 St Nw

Campbell Rd

Rd rt be

stle Dr Nw

176 Ave N w

r Nw lD

o nth

127 St Nw

fell Ave Gren

10 3

165 Ave Nw

Rd din

Sir 14

216

H ny

142 St Nw

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Bo ud rea uR d

95 St

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13. CASTLEBROOK

127 St Nw

er Ridge Dr De

NEW CONDOS

7. THE CONNAUGHT AT GRIESBACH

By: Cassel Properties Ltd. Location: #110, 560 Griesbach Parade NW, access off Valour Way NW.

8. THE HARMONY By: P2000 Developments Location: 14904 - 125 St.

9. STARLING LANDING By: Rohit Communities Location: 2405 Sparrow Common

10. STARLING DUPLEXES By: Rohit Communities Location: 2407 Sparrow Cres.

11. TRUMPETER BY BIG LAKE

By: Anthem United Builders: Homes by Avi, Montorio Homes, Jaya Homes, Pacesetter Homes Location: Anthony Henday take 184 Street exit north, go west on 137 Avenue

AUG 10 - SEPT 7, 2018â&#x20AC;&#x192;19

TRENDING

SELF-EMPLOYED?

NEW RULES HELP PROSPECTIVE HOMEOWNERS

Beginning October, Canada’s self-employed may find it easier to secure a mortgage, thanks to changes from Canada Mortgage and Housing Corp. (CMHC) aimed at giving lenders more guidance and flexibility to help this important homebuying demographic. Self-employed Canadians are key contributors to strong and vibrant communities and make up about 15 per cent of Canada’s population. However, they may have had difficulty qualifying for a mortgage as their incomes may vary or be less predictable. In line with the National Housing Strategy’s mission to address the housing needs of all Canadians, the changes include: • Providing examples of factors that can be used to support the lender’s decision to lend to selfemployed borrowers who have been operating their business for less than 24 months, or in the same line of work for less than 24 months. These factors could include acquiring an established business, sufficient cash reserves, predictable earnings, and previous training and education. • Providing a broader range of documentation 20 NextHome.ca

options to increase flexibility for satisfying income and employment requirements when qualifying self-employed borrowers to support an “add back” approach for grossing up income for sole proprietorship and partnerships. This documentation could include the Notice of Assessment (NOA) accompanied by the T1 General, the CRA Proof of Income Statement and the Statement of Business or Professional Activities (T2125). “Self-employed Canadians represent a significant part of the Canadian workforce,” says Romy Bowers, chief commercial officer, CMHC. “These policy changes respond to that reality by making it easier for selfemployed borrowers to obtain CMHC mortgage loan insurance and benefit from competitive interest rates.” These enhancements, which apply to both transactional and portfolio insurance, will take effect Oct. 1, 2018. For more information, visit cmhc-schl.gc.ca

HOT PROPERTIES / EDMONTON AREA

NOTE: Please match map numbers with property listings.

NEW HOMES

By: Qualico Communities Builders: Pacesetter Homes, Homes by Santos, Victory Homes, Open Location: Woodbridge Link & Chokecherry Lane

By: Park Homes Location: 94th Stree & Southfort Drive

2. SOUTHPOINTE

By: MLC Group Builders: Active Homes, Impact Homes, Rosecroft Custom Homes, Pacesetter Homes, New Vibe Homes Location: Junction of Hwy. 21 & Hwy. 15 on 94 Street

7. WEST WOODLANDS

3. SOUTHFORT RIDGE

8. SIENNA

By: Strata Developments Builders: Ingram Custom Homes, Open Location: 55 Street & Sunset Crescent, Bruderheim

By: Strata Developments Builders: Anez Homes, Bold Homes, CMK Homes, Glenora Homes, Integra Homes, Made Properties, Thomsen Built, Tristate Homes Location: Southfort Boulevard & Ridgeland Way

By: Qualico Communities Builders: Sterling Homes, Rohit Communities Location: 94 Street & Sienna Boulevard

4. SOUTHFORT MEADOWS

1. SUMMERWOOD DUPLEXES

By: Strata Developments Builders: Cona Homes, Landover Homes, Remley Homes, Stoneridge Homes Location: Southfort Drive & Meadowview Drive

SHERWOOD PARK By: Rohit Communities Location: 100 Axbridge Gate

2. ASPEN PARK

By: Abbey Lane Homes Location: Axbridge Gate off of Lakeland Drive

By: Strata Developments Builders: Open to public Location: Southfort Drive & Greenfield Way. Lots open to the public

3. ETON PARK ESTATES By: Christenson Group Location: 5001 Eton Blvd.

Fir

1. CLIO

6. FOREST RIDGE IN WEST PARK

r Rd

Clo ver Ba

Gal lo

Granada B lv

Range Rd 230

Aspe

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LAKELAND RIDGE

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Regency D r

FORT SASKATCHEWAN

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CLARKDALE MEADOWS

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NEW CONDOS Cotto

5. SOUTHFORT ESTATES

Sherwood Dr

Buenavist a Dr Oa

Main Blvd

DAVIDSON CREEK

m o n Dr S Cars o n D

Baseline Rd

Av e

r Sienna Gate

Broadmoor Blvd

lvd

Ri ve r an e

99 ve

Jim Co m

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2 Lakeland Dr 6

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Broadview

SUMMERWOOD

ay W

Township Rd 544

Range Rd 224

Range Rd 225

u m Way

Clover Ba r Rd

92 St

Dr rk

Sou thfo rt B

Petr ol e

216

4 A

Westpa

North Ave

D rt fo 1 th u So Allard Way

No r

Range Rd 223

10 1

11 2S t

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93 A v e 89 S t

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Sherwood Dr

99 Av e

100 A v e 15

SHERWOOD PARK

Broadmoor Blvd

FORT SASKATCHEWAN

Wye Rd By: Christenson Group Location: 111 Festival Way, sales centre 5001 Eton Blvd.HILLSHIRE

5. ASPEN TRAILS DUPLEXES By: Rohit Communities Location: 100 Axbridge Gate

6. ASPEN TRAILS/ EMERALD HILLS

By: Genstar Development Co. Builders: Coventry Homes, Park Royal Homes, Landmark Homes, Christensen Developments, Rohit Communities, Homes by Avi, Marcson Homes, Daytona Homes Master Builder Location: Lakeland Drive & Aspen Trail

7. ARDROSSAN HEIGHTS

By: Strata Developments Builders: Open Location: 4 miles east of Sherwood Park on Baseline Road, north at RR 824 to Ardrossan

8. LAKELAND RIDGE

By: Genstar Development Co. Builders: Landmark Homes, Rohit Communities Location: Lakeland Drive & Campbell Road

9. SUMMERWOOD

By: Qualico Communities Builders: Jayman BUILT, Pacesetter Homes, Rohit Communities Location: East of Clover Bar Road, north of Baseline Road on Lakeland Drive

perfect FIND YOUR

PLACE

FORESTRIDGEFORTSASK.COM

AUG 10 - SEPT 7, 2018â&#x20AC;&#x192;21

ADVICE | KEEHN ON MONEY

PLANNING

FOR YOUR FIRST HOME AS RATES RISE

KELLEY KEEHN

We love when things rise in the summer. Temperatures, tides and the voices of kids playing. But one rise Canadians may be feeling stressed about is that of interest rates – especially Canadians who are considering buying a home for the first time. Jason Heath, fee-only certified financial planner with Objective Financial Partners Inc., says getting into the market as rates are increasing is a “double-edged sword.” In January, new mortgage rules were introduced and interest rates went up, meaning lower mortgage approval amounts. “That’s the bad news,” Heath says. “The good news is, for better or for worse, this helps protect borrowers from themselves. Buyers are less likely to get in over their heads. I think it’s important for potential buyers to get pre-approved so they know how much money lenders are willing to lend them. But then they should take it a step further and figure out what they can reasonably afford based on their existing spending and their future goals.” IS HOMEOWNERSHIP RIGHT FOR YOU?

Sean Cooper, mortgage broker and best-selling author of Burn Your Mortgage, wants you to know that “buying a home can be a good long-term investment as long as 22 NextHome.ca

you’re financially and emotionally ready.”

SHOULD YOU FORGET HOMEOWNERSHIP, AND RENT INSTEAD?

Before buying a home, Cooper suggests you ask yourself the following questions:

According to Heath, “Personal finance is personal and you should avoid rules of thumb. Blanket advice like ‘renting is throwing away money’ isn’t always true. There really is something to be said about a home sweet home that is all yours. But buy within your means and buy when it’s a better choice than renting, not just because someone told you renting is a bad idea or that real estate made them rich – maybe they just got lucky.”

• Is my job stable? • Am I ready to stay put for the next five years? • Can I afford the ongoing expenses (home insurance, property taxes, repairs and maintenance) that come with homeownership? If you answered yes to those questions, then Cooper says purchasing a home may make sense – even if rates continue to increase. “Homeownership comes with many benefits, including forced savings, turning your home into an income source by becoming a landlord, and greater freedom and privacy,” he says. “By making sure you’re ready before taking the plunge, you’re more likely to reap the rewards homeownership has to offer.”

Kelley Keehn is a financial literacy advocate who has been on a mission to “make Canadians feel good about money.” She is the author of eight published books and is also a speaker, media personality and consumer advocate for the Financial Planning Standards Council. You can learn more about Kelley at kelleykeehn.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES / EDMONTON AREA

Nw e w an Rive r

55 St Nw

rt Fo

46 St Nw

6 6 S t Nw

NOTE: Please match map numbers with property listings.

119 Ave N w

T rl

N or th S

Yell ow he 122 Ave Nw ad

82 St Nw

50 St Nw

a Trl

NEW HOMES

NEW CONDOS

1. KIRKNESS

6. ALTIUS CRYSTALLINA

2. SAVIDA

7. ALTIUS CY BECKER

By: Landmark Homes Location: 3650 - 139 Ave. NW

By: Streetside Developments Location: 165 Cy Becker Blvd.

3. CY BECKER DUPLEXES

8. ALLENTOWN

By: Landmark Homes Location: 3023-151 Ave NW

By: Streetside Developments Location: 17832 78 St.

By: Rohit Communities Location: 118 Cy Becker Blvd.

By: Mattamy Homes Location: 16903 – 68 St NW

4. ELEMENTS AT MCCONACHIE

9. SOLSTICE AT MCCONACHIE

By: Carlisle Group Location: 167 Ave. & 53 St.

5. KERNOHAN RAVINES

By: Ranger Realty Builders: Bethpage Construction Corp, Sangam Homes Ltd, Sha-Ture Homes Inc., White Eagle Homes Location: 167C Avenue & 59-60 Street

12. CY BECKER

13. CY BECKER

y Dr

Victori

g ita

eR d

118 Ave Nw

216

nda

58 St Nw

6 6 S t Nw

82 St Nw

90 St Nw

132 a Ave Nw

Herm

129 Ave Nw

20 St

11. MCCONACHIE STAGE 7

By: Qualico Communities Builders: Sterling Homes, Coventry Homes Location: 50th Street & Cy Becker Boulevard

e ny H

14 4 Ave N w

127 Ave Nw Yellowhea

ra il

rt R d Nw Fo

1 5 3 Av e N w 18 19

ve Nw 137 A

132 Ave Nw

Dr Nw i nt n e

95 St

Mann ing Nw

167 Ave Nw

ll B lvd

7 3 13

o Anth

144 Ave Nw

122 Ave Nw

153 Ave Nw 149 A ve

137 Ave Nw

D r Nw

50 St Nw

St Nw

8 8 St Nw

5 9 a St

9 Ave N 158 w

6 6 S t Nw

97 St Nw

16 6

15 8 167 Ave Nw

1 8 St Nw

10/17

on cC a ch

By: Genstar Development Co. Builders: Coventry Homes, Daytona Homes, Excel Homes, Location: 82 Street & 175 Avenue (Crystallina Nera Drive) Meridian St Nw

w tN

82 St Nw

91 St N

l Nw

w A 180 ve N

54 St Nw

216

V ictoria Trai

Anthony Henday Dr

10. CRYSTALLINA NERA

195 Ave N w

Valour Ave

t ch a sk a

NORTH EAST

97 St Nw

By: Brookfield Residential Builders: City Homes, Morrison Homes Location: 167 Avenue and McConachie Boulevard

By: Landmark Homes Location: 415 Clareview Rd.

By: Qualico Communities Builders: Pacesetter Homes, Daytona Homes Master Builder, Rohit Communities Location: Cy Becker Boulevard & 167 Avenue

14. VILLAGE AT SCHONSEE By: Bedrock Homes Builder: Bedrock Homes Location: 5495 & 5497 Schonsee Dr.

15. MCCONACHIE

By: Walton Development and Managment L.P Builders: Jayman MasterBuilt, Innovations by Jayman, Hopewell Residential, Morrison Homes, Royal West Homes, City Homes, Sangam Homes Location: 167 Avenue & McConachie Way

16. THE TERRACE AT SCHONSEE

By: Brookfield Residential Builders: Coventry Homes, Jayman BUILT Location: North of 167 Avenue on 71st Street

17. VITA CRYSTALLINA NERA

By: Walton Developments Builders: Morrison Homes, Hopewell Residential, Homexx Homes Location: North on 82nd Street and 180th Avenue

18. MANNING VILLAGE

By: Cameron Communities Builders: Cameron Homes, Kanvi Homes, Park Royal Homes, Lincolnberg Homes, Sterling Homes Location: Manning Drive and 153 Avenue

19. FRASER VISTA

By: G3 Development Services Inc./Lamont Land Inc. Builders: Bedrock Homes, Prominent Homes Location: In the Fraser Community, north on Victoria Trail and east on 153.

Sky’s Limit THE

THE

With extensive green space, ample amenities and access to both the Clareview LRT Station and Anthony Henday Drive, Cy Becker lets you live life in motion.

SHOWHOMES OPEN IN NORTHEAST EDMONTON!

CYBECKER.COM

AUG 10 - SEPT 7, 2018 23

SHOWHOME REVIEW

IMPACT HOMES

NEW SHOWHOME IN CRYSTALLINA NERA! Discover the new Trireme showhome from Impact Homes in the flourishing community of Crystallina Nera! This stunning two-storey home boasts 1,651 sq. ft. of thoughtfully designed living space with three bedrooms on the second floor as well as a spacious open-concept layout throughout the main floor, accented with nine-ft. ceilings for an extra airy environment. The front living room sets the tone of this contemporary home, providing a welcoming 24 NextHome.ca

entrance that includes a modern electric fireplace with a painted mantle. In the middle of the main floor is the galley-style kitchen, which showcases a large island with plenty of countertop space and a flush eating bar. With exceptional flow, the roomy kitchen leads to the home’s rear dining room, which is framed with expansive windows – perfect for hosting dinner parties with family and friends. A separate

mudroom lies at the rear of the home off the back door, and includes a side-by-side washer and dryer. The Trireme’s upper floor offers a loft space that has been strategically placed between the master suite and the other two bedrooms for additional privacy. Within the generously sized master bedroom is a desirable walk-in closet and ensuite. An additional full bathroom and linen closet complete the second floor.

The community of Crystallina Nera is filled with appealing features that new homeowners are sure to enjoy. Located in northeast Edmonton, this coveted new home

destination is an ideal choice for homebuyers with young families. Situated within a nature-rich setting, the community provides plenty of trees and greenspaces

for homeowners to experience. Plus, a scenic stormwater pond surrounded by a paved walking trail makes for the perfect place to take an evening stroll. Living in Crystallina Nera also delivers on what new homebuyers are looking for – convenience! The neighbourhood features easy access to major roadways, such as Anthony Henday Drive and Yellowhead Trail, which keeps residents connected to all of Edmonton’s key districts. There are numerous schools located only minutes away, and multiple commercial centres close by, including the newly renovated Londonderry Mall, and northeast Edmonton’s newest commercial district, Manning Town Centre.

This beautiful Impact showhome is located at 17477 – 77A St.. Please contact Shawn Tung at 780.907.8001 to set up a viewing time. For more information about Impact Homes, visit their website at impacthomes.ca

AUG 10 - SEPT 7, 2018 25

HOT PROPERTIES / EDMONTON AREA

Ro p

91 St Nw

66 St Nw

37 St N w

9 7 St Nw

Kno

Nw ve

88 St Sw

Summ e

I H wy

abeth I 101 St Nw

91 St S w

1 lvd S

n He

Range Road 234

tt B

66 St Nw

18 Ave Sw SUMMERSIDE

Dr S de rsi

Ellerslie Rd Sw

34 St Nw

e 3 Av Sw

CHARLESWORTH

50 St Nw

son Rd Sw P ar

2 Ave Sw

on y

216

r yD da

17 St

An t h

Anthony Henday Rd

ELLERSLIE

11 Ave Sw

10 Ave Nw

St Nw

10 Ave N w

10 A

216

28 St Nw

13 ave N w

23 Ave Nw 9 32 St Nw

oods Road South Nw Millw

17 St

20 Ave Nw

ve Nw aA

7 St

3 34 St Nw

ttwood Rd N N w

2 6 Ave N w

38 7a A ve Nw

St Nw 37

2 3 A ve N w

50 St Nw

s Rd Nw on rs

28 Ave Nw

A ve N w

Q ueen Eliz

t Nw 4S

s Rd Nw od

34 Ave Nw

e Nw Av

w mara c k W ay N

50 St Nw

40 A v e Nw

38 Ave Nw

Mill W o

34 Ave Nw

66 St N w

91 St Nw

103 St Nw

41 Ave Nw 39 Ave Nw

d Dr Nw Whitemu

34 St Nw

51 Ave Nw

Nw Rd

17 St

SOUTH EAST

Ellerslie Rd Sw

18 Ave Sw 2 6

25 Ave Sw

chards Dr Sw Or THE ORCHARDS AT ELLERSLIE

NOTE: Please match map numbers with property listings.

1. STONEHAVEN CONDOS By: Landmark Homes Location: 812 Welsh Dr.

NEW HOMES

NEW CONDOS

7. MAPLE CREST

By: Brookfield Residential Location: 3305 Orchards Link SW

By: Dream Unlimited Corp. Builders: Homes by Avi, Coventry Homes, Crystal Creek Homes, Landmark Legacy, Landmark Essentials, Bedrock Homes, Look Homes Location: Maple Road (38th Ave. NW) and 8th Street; Maple Way & 40th Avenue

3. LAUREL LANDING

8. TAMARACK COMMON

2. GROVE ON 25TH

By: Landmark Homes Location: 2215 - 24 St. NW

4. ALTIUS TAMARACK By: Streetside Developments Location: 1530 Tamarack Blvd.

5. THE HILLS AT CHARLESWORTH

By: Beaverbrook Communities Builders: Bedrock Homes, Dolce Vita Homes, Alquinn Homes, Jayman Built Location: Charlesworth Way and Ellerslie Road between 50th Street & 34th Street

6. LAUREL CROSSING

By: Qualico Communities Builders: Pacesetter Homes, Sterling Homes, Landmark Homes, Daytona Homes Master Builder Location: 34 Street & 16A Avenue

By: Qualico Communities Builders: Pacesetter Homes, Sterling Homes, & Parkwood Master Builder Location: 17 St. and 23 Ave., south of Millcreek Nursery

9. LAUREL GREEN

By: Dream Unlimited Corp. Builders: Homes by Avi, Lincolnberg Master Builder, Landmark Legacy, Urban Luxury Homes, Landmark Communities, Estrella Homes, Crystal Creek Homes Location: South of 23 Avenue on 24 Street

10. LAUREL CROSSING

By: Qualico Communities Builders: Coventry Homes, Parkwood Master Builder, Victory Homes, Pacesetter Homes Location: 17th. Street & 16 Avenue

AUG 10 - SEPT 7, 2018â&#x20AC;&#x192;27

ADVICE | MORTGAGE INTEL

OVERCOMING

MORTGAGE AFFORDABILITY HURDLES

ALYSSA FURTADO

Over the last several years, it’s become harder and harder to afford a mortgage in Canada. Housing prices have gone up substantially in major markets. And even in places where real estate has begun to cool off, prices are still more than double what they were 10 years ago. To address the massive run-up in prices, governments took steps to protect against a crash. Among the measures were several waves of new rules that made it harder to qualify for a mortgage. The theory is that those who do qualify will have wiggle room in their budgets for when interest rates go up. These protective measures may be for the greater good, but for homebuyers in Canada, it’s never been harder to afford a mortgage. Fortunately, it’s not an impossible task and there are ways to overcome some of the biggest hurdles to affording a mortgage. MORTGAGE AFFORDABILITY: THE MAGIC FORMULA

To determine whether you can afford or qualify for a mortgage, lenders use a simple formula called your debt service ratio. Your debt service ratio is your income divided by all of your housing costs. The total cost of your mortgage (principal and interest), property tax, heating and 50 per cent of condo fees can be no more than 39 per cent of your 28 NextHome.ca

pre-tax income. This is known as your gross debt service ratio. A separate calculation, your total debt service ratio, adds your other debts, such as credit cards and car loans, to the equation. Your housing costs plus all other debt can be no more than 44 per cent of your income. These formulae contain the biggest hurdles Canadians have when it comes to affording a mortgage. Let’s look at a key one: INCOME

Your mortgage affordability is a percentage of your income, so making more money should equal approval for a bigger mortgage. But if making more money were easy, we all would have done it by now. Assuming you can’t go to your boss and demand a massive raise, there are two ways to increase your income: Taking on a side hustle or becoming a landlord. A side hustle is a part-time gig you do in addition to your normal job. You could work retail on weekends, start freelancing or

start a business. Self-employment income is harder to get credit for on a mortgage application than full-time work, but it may help your case. The other option is to look for a property with a second unit you can rent out. If the second unit is already tenanted when you buy the home, you can usually count half the rent as income for your mortgage application. There are lots of extra rules when you’re using rental income to qualify for a mortgage, so make sure your realtor and mortgage broker are on the same page about your expectations. Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES

Black Gold

SOUTH PARK

ar k

h fork D r

623

y Co ad

So ut

Township Rd 504

4 5 St

wy St

II H

izab e 52 St th

Queen El

n Dr

50 St

to Al 5

57 St

LINSFORD PARK

TELFORD LAKE

42 nd

50 St

g lemont

Rue E

c k Gold Dr

NORTH TELFORD

hp Sout

Range Rd 243

Bl a

LAKESIDE ESTATES

LEDUC ESTATES

50th Ave

43 S t

BRIDGEPORT

38 Ave

e Blvd

Selkirk Pl

p o rt

St 50

Sole il Blvd

Ave

WEST HAVEN

Ave 6

Tr iomp

65 Ave

4 6 th

Range Rd 241

50 Ave

44 St

60 St

42 St

55 A v e

DEER VALLEY

t alet 1 Coloniale W

B ri

Township Road 510

65 Ave

Grant MacEwan Blvd

814

Rue Mon

LEDUC

Range Rd 240

BEAUMONT

B lvd

TRIBUTE

NOTE: Please match map numbers with property listings.

BEAUMONT 1. COLONIALE ESTATES By: ARW Development Corp. Builders: Mattamy Homes Location: 50 Street & Coloniale Way

2. DANSEREAU MEADOWS

By: Anthem United Builders: Caliber Master Builder, Landmark Homes, Pacesetter Homes Location: West of 50 St., take Rue Montalet to 60 Ave.

3. RUISSEAU

By: Qualico Communities Builders: Look Master Builder, UrbanAge Homes Location: South side of 50th Avenue at 66 Street

4. ROYAL OAKS

By: Cancom Development Builders: Konark Homes, Cancom Homes, Infiniti Homes, Open Location: From Beaumont: West on Township Road 510 to East Vistas Blvd. (follow signs) From Edmonton: South on 101 St. to Township Rd. 510, east on Township Rd. 510 to East Vistas Blvd. (follow signs)

5. EAGLEMONT IN BEAUMONT

By: MLC Group Builders: Lenaco Homes, Active Homes, Jaya Homes, Mill Street Homes Location: 50th Avenue & Rue Eaglemont

NEW HOMES

NEW CONDOS

6. TRIOMPHE IN BEAUMONT

6. SOUTHFORK

LEDUC

7. ROBINSON

By: MLC Group Builders: Trend Homes, Active Homes, Pacesetter Homes, ChaCha Homes Location: 44th Avenue & Triomphe Boulevard

1. WINDROSE

By: Landmark Communities Location: 61 Windrose Dr.

2. THE RUSHES OF SOUTHFORK By: Hunter Residential Developments Location: 401 Southfork Dr.

3. MEADOWVIEW

By: Qualico Communities Builders: Tristate Signature Homes, Homes by Santos, Pacesetter Homes Location: Coady Boulevard & Meadowview Boulevard

4. BRIDGEPORT

By: Melcor Developments Ltd. Builders: Santos Construction Ltd., Encore Master Builder, McLean & McLean Custom Homes Ltd., Western Living Homes Location: Take 50 Ave., turn right on Bridgeport Crossing

5. SUNTREE

By: Maclab Development Group Builders: Cranston Homes, Areo Homes, Caliber Master Builder, Homes by Sher-Built, Triumph Homes Location: Grant MacEwan Blvd. & Suntree Promenade

By: Tamani Communities Towns Rd 492 Builders: Dolce hip Vita Homes, Homes by Avi, Innovations by Jayman, Jayman MasterBUILT Location: Highway 2A & 50th Street By: Beaverbrook Communities Builders: Bedrock Homes, Dolce Vita Homes Location: South of Rolly View Rd. on C.W. Gaetz Dr.

8. WEST HAVEN PARK

By: Melcor Developments Ltd. Builders: Encore Master BuilderSantos Construction Ltd., Homexx Corp. Location: West on 50th Ave., south on West Haven Blvd.

9. WINDROSE

By: Maclab Development Group Builders: Bengel Custom Homes, Corona Custom Projects, Cornerbrook Custom Homes, Jacob’s Construction, McLean and McLean Custom Homes Location: Exit at 50 Avenue off Hwy. 2, proceed west, then south on Grant MacEwan Boulevard to Windrose

10. BLACK STONE

By: Maclab Development Group, Cameron Communities Builders: Caliber Master Builder, Cranston Homes, Marcson Homes, Prominent Homes, Triumph Fine Homes Location: Grant MacEwan Boulevard & 38 Avenue

AUG 10 - SEPT 7, 2018 29

COMMUNITY PROFILE

TAMANI

LAUNCHES CUSTOM-BUILT ESTATE NEIGHBOURHOOD IN LEDUC Discerning homebuyers who desire luxury and custom craftsmanship will be thrilled to discover a new private estate neighbourhood is underway, offering a premier address in Leduc. Located in Southfork, Tamani Communities is crafting Edgewater, an amenity-rich exclusive neighbourhood that will be home to just 61 custom-built estates. “We’re excited about launching Edgewater – a gated community with its own private entry – in Southfork, which, for the past eight years, has been the number one community in Leduc in terms of growth and activity,” says Cam Hart, vice-president of Tamani. “This is the first cohesively planned neighbourhood of custom-built homes and I believe it will be the pre-eminent neighbourhood in Leduc.” 30 NextHome.ca

“Edgewater also opens another product market for Southfork; a lot of residents love the community and want to stay as the family grows, so having this estate neighbourhood allows people to move up into a larger, custom home,” he says. “When developing Edgewater, we made a deliberate effort to build all the amenities up front so there is a private park that is

LOCATION Leduc DEVELOPER Tamani Communities HOME TYPE Custom Estate Homes CONTACT southforkleduc.com/ edgewater

beautifully landscaped with a gazebo and sitting area already developed, as well as a landscaped pond and pathways,” Hart notes. “In Southfork there is an interlinking system of pathways and this links to a landscaped pathway around Edgewater.” As well, a pathway in Edgewater connects the park in the south to the pond in the north, allowing residents ease of access to both amenities. And a gated entry, which includes a gorgeous lighted

rundle stone signage entry feature, has also been completed. “It’s all part of the value statement we wanted for Edgewater and it will have a homeowners’ association to ensure the neighbourhood keeps looking great,” Hart says. Tamani has put together an outstanding builders’ group for Edgewater, which includes Jayman BUILT, Bengel Custom Homes, Jacob’s Construction and McLean & McLean Custom Homes. “The

latter three builders have a wealth of expertise in the community and have built in and around Leduc for many years,” Hart says. “They are the preferred builders for custom homes in the area so we’re very pleased to have them involved.” The builders are currently preselling and Jayman already has a showhome open, while three other showhomes are expected to open by mid-September. “We have ensured a lot of flexibility in the architecture style for Edgewater to allow for customization and unique design,” he adds. “This is an upper-end neighbourhood so we want to give buyers the opportunity to let their own preferences shine.” The lots range from 36-ft. up to 63-ft. (about a quarter acre), allowing for larger homes and triple-car garages. All the lots back onto an amenity – the park, pathway, pond or the school field of the new K-8 school. Residents can also enjoy the amenities in Southfork such as its parks, neighbourhood retail area, a community garden, and the Multiway Trail System, a citywide pathway system allowing ease of walking to shops, services and eateries within Leduc.

For more information on Edgewater, visit southforkleduc.com/edgewater or visit Jayman’s showhome, open Monday to Thursday from 3 to 8 p.m. and on weekends from noon to 5 p.m., or call 780.986.7354. AUG 10 - SEPT 7, 2018 31

Your NextHome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

HOT PROPERTIES / EDMONTON AREA 10. THE ORCHARDS AT ELLERSLIE

SOUTH o t twood Rd S N w

A ve N w

9 S t Nw

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12 A

10 Ave N w

5 13Sw 18 Ave

SUMMERSIDE

25 Ave Sw

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CHARLESWORTH

Ellerslie Rd Sw

88 St Sw

M ow at tT ra il S w

Ja m es

41 Ave Sw

101 St Nw

30 A v

sw14 9 e

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127 St Sw

CALLAGHAN

1 11 Ave Sw

Summ e

91 St S w

RUTHERFORD

2 Ave Sw ELLERSLIE

66 St Nw

Ellerslie Rd Sw rford Rd the

Q ueen Eliz

RICHFORD

Anthony Henday Rd

11. WALKER SUMMIT 50 St Nw

MACEWAN

Edw ards Dr

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son Rd Sw P ar

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18 Ave Sw tt Dr Sw Wa

By: Anthem United Builders: Landmark Homes, Pacesetter Homes, Morrison Homes and Montorio Homes Location: South of Ellerslie Road off 50 Street

12. ROYAL OAKS

By: Cancom Development Builders: Konark Homes, Cancom Homes, Infiniti Homes, Open Location: South on 101 Street to Township Road 510. Turn east to East Vistas Boulevard (follow signs)

chards Dr Sw Or THE ORCHARDS AT ELLERSLIE

By: Brookfield Residential Builders: Brookfield Residential, Daytona Homes Master Builder, Homes by Avi, Jayman BUILT, Sterling Homes Location: South off of Ellerslie on 91st Street, east on 25th Avenue SW.

13. AURORA

ALLARD

By: Melcor Developments Ltd Builders: Bedrock Homes, Coventry Homes, Landmark Homes, Parkwood Master Builder, Trend Homes, Lincolnberg Master Builder, Melcor Homes Location: South on Ellerslie at 66th Street

41 Ave Sw

39 Ave

1. LAKE SUMMERSIDE

By: Brookfield Residential Builders: Brookfield Residential, Innovations by Jayman, Homes by Avi, Pacesetter Homes, Canyon Spring Master Builder, Aacropolis Homes, Infiniti Master Builder, Five Star Homes Location: Ellerslie Road & Parsons Road

2. CALLAGHAN

By: Rohit Land Dev. Builders: Art Custom Homes, White Eagle Homes, D’Cor Homes, Celebration Homes Location: 1 km South of Ellerslie Rd. on 111 St. SW

3. RUTHERFORD HEIGHTS

By: Qualico Communities Builders: StreetSide Location: James Mowatt Trail & Rutherford Road

4. CAVANAGH

By: Cameron Communities, Maclab Development Group, Melcor Builders: Cameron Homes Master Builder, Excel Homes, Pacesetter Homes, Rohit Communities, Sterling Homes Location: Accessed via Ellerslie Rd. and 103A St., adjacent to Queen Elizabeth II and Gateway Blvd.

NEW HOMES

Range Rd 242

NOTE: Please match map numbers with property listings.

Range Rd 243

35 Ave

Range Rd 244

127 St Sw

13 St

37 Ave

14. DESROCHERS VILLAGES 814

NEW CONDOS

By: MLC Group Builders: Pacesetter Homes, Landmark Homes and Jayman Exclusive. Location: From Ellerslie Road and 11th Street, south on James Mowatt Trail, entrance on right, just south of 30th Avenue (across the street from the Allard neighbourhood).

6. ALLARD

By: Anthem United Builders: Caliber Master Builder, Kimberley Homes, White Eagle Homes, Parkwood Master Builder Location: Take 41 Avenue to Allard Boulevard

7. RAVINES OF RICHFORD

By: Rohit Land Development Builders: Celebration Homes, Open Location: Ellerslie Road & Blackmud Creek Ravine

8. CALLAGHAN IN HERITAGE VALLEY

By: MLC Group/JCA Financial Builders: Landmark Communities, Sterling Homes, Innovations by Jayman Location: South on James Mowatt Trail and North of 30 Avenue SW

9. ALLARD IN HERITAGE VALLEY

By: MLC Group/Allard Developments Builders: Jayman MasterBUILT, Rohit Communities, Sterling Homes, Jaya Homes Location: South on James Mowatt Trail and South of 30 Avenue SW

5. WALKER LAKES STATION

By: MLC Group/Allard Developments Builders: Active Homes, Boss Homes, Sterling Homes Location: South of Ellerslie Road on 66 Street

AUG 10 - SEPT 7, 2018 33

HOT PROPERTIES / EDMONTON AREA 80 Ave Nw

Sw Link lle

1. THE LEGER

By: BRASS3 Developments Location: 625 Leger Way

NEW HOMES

5. CREEKWOOD LANDING By: Carlisle Group Location: 11804 - 22 Ave. SW

3. VISTAS AT CALLAGHAN NORTH

7. CANVAS TOWNHOUSES

4. BRIGHTON

Location: 4835 Wright Dr. SW

By: Rohit Communities Location: 675 Allard Blvd. SW

By: Brookfield Residential Location: 4470 Prowse Rd. SW

8. RIVERS EDGE

By: Christenson Group Location: 3090 Cameron Hieghts Way

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I H wy

abeth I

66 St Nw Ellerslie Rd Sw

9 7 St Nw

88 St Sw

11 Ave Sw Dr S de rsi 17

Summ e

e 3 Av Sw

CHARLESWORTH

19 18 Ave 5 Sw SUMMERSIDE

18 Ave Sw

25 Ave Sw

chards Dr Sw Or THE ORCHARDS AT ELLERSLIE

NEW CONDOS

6. ALLARD TOWNHOMES

By: Rohit Communities Location: 2632 Bowen Way SW

2 Ave Sw ELLERSLIE

ALLARD

2. THE QUAY AT TERWILLEGAR By: Abbey Lane Homes Location: 7021 South Terwillegar Dr.

99 St Nw

104 St Nw

CALLAGHAN

91 St S w

M ow at tT ra il S w

3 0 A ve

41 Ave Sw

NOTE: Please match map numbers with property listings.

91 St Nw

ack eb

Sa d d l

9 S t Nw

11 Ru

7 HERITAGE 9 VALLEY AREA 22

RUTHERFORD

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e rm

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d Nw ere

Maskekosihk Trail

156 St Nw

3716

101 St Nw

Pa is

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rford Rd the

Edw ards Dr

Anthony Henday Rd

66 St Nw

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9. VISTA POINTE IN CHAPPELE GARDENS By: Brookfield Residential Location: 2905 - 141 St. SW

10. GROVE ON 25TH TOWNHOUSES IN THE ORCHARDS By: Brookfield Residential Location: 3305 Orchards Link SW

11. VISTA POINTE By: Brookfield Residential Location: 2905 - 141 St. SW

50 St Nw

Winder m a re D r S w

urn Dr W kb B l ac 13

111 St Sw

127 St Sw

g e Blvd Sw

Hay s Ri d

2 3 A ve N w

10 Ave N w

Macew a n Rd Sw

28 Ave Nw

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son Rd Sw P ar

Ellerslie Rd Sw 14 29 23

GLENRIDDING HEIGHTS

34 Ave Nw

s Rd Nw on rs

216

38 Ave Nw

Mill W o

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MACEWAN

156 St Sw

184 St Sw

31 Hiller Rd S26 w

AMBLESIDE

d lR Hil bit b Ra

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216

W in 27 d 24 e rme re Blvd

Mactaggart Dr N

Chapp e

34 NextHome.ca

1 05 S t Nw

23 Ave Nw

41 Ave Nw 39 Ave Nw

Rd Nw

t Nw 109 S

111 St Nw

170 St Sw

180 S t Sw

KESWICK

34 Ave N w

Nw Dr

WINDERMERE

Ellerslie Rd Sw

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e Nw 37 Av

vd Nw

199 St Nw

40 Ave Nw

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rbend Rive R Terwilleg ar D rN w

u d Dr N w 103 St Nw

E. L m

Whitem

43 A ve N w

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Ro p

51 Ave Nw

8 216

58 Ave Nw

50 St Nw

111 St Nw

57 A v e Nw

66 St N w

atchewa n N orth Sask

53 Ave Nw

63 Ave Nw

91 St Nw

dN dR sar Les

61 Ave Nw

83 St Nw

gwood R d Nw Callin e Av N w 7

e Nw 63 Av

w dN ll R gy r A

75 St Nw

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199 St Nw

76 Ave Nw

12. LINK CONDOS AT ELLERSLIE By: Regency Developments Location: 11189 Ellerslie Rd.

13. CROSSROADS OF RUTHERFORD

By: Streetside Developments Location: 1816 & 1820 Rutherford Dr.

14. THE SIGNATURE

By: Westrich Pacific Location: 5151 Windermere Blvd.

15. GLENRIDDING HEIGHTS TOWNHOMES By: Rohit Communities Location: 2351 Glenridding Blvd. SW

16. ALTIUS GRAYDON HILL By: Streetside Developments Location: 1005 Graydon Hill

17. THE SANDS

By: Brookfield Residential Location: 4050 Savaryn Dr.

18. BEARSPAW CROSSING By: Landmark Homes Location: 1508 – 105 St. NW

19. THE VILLAGE AT SUMMERSIDE By: Pelham Location: 4203 Savaryn Dr. SW

20. LANGDALE TOWNHOMES By: Rohit Communities Location: 704 - 176 St. SW

21. PIVOT RUTHERFORD By: Averton Homes Location: Ellerslie Road & 119 Street

22. CREEKWOOD CHAPELLE By: Averton Homes Location: 28 Avenue & 141 Street

23. TRIUMPH AMBLESIDE By: Streetside Developments Location: 1115 Armour Link SW

24. LUX AT UPPER WINDERMERE

By: Z2 Developments Location: 1316 Windermere Way SW

25. GLENRIDDING HEIGHTS

26. THE COLLECTIONS AT CREEKWOOD

By: Delcon Creekwood Builders: Mattamy Homes, Klair Custom Homes, First Avenue, Alquinn Homes, DKH Homes, Mill Street Homes, City Homes, Hillview Homes Location: 41 Avenue SW at 141 Street

27. AMBLESIDE IN WINDERMERE

By: Windermere Ambleside II Ltd. Builders: Averton Homes, Triumph Homes, Open Location: Terwillegar Dr. and Anthony Henday Dr.

28. LANGDALE IN WINDERMERE

By: Qualico Communities Builders: Pacesetter Homes, Sterling Homes, Marcson Homes, Augusta Homes Location: Ellerslie Road & Wright Drive SW

29. GLENRIDDING

By: Anthem United Builders: Homes by Avi, Parkwood Master Builder, Landmark Homes, Pacesetter Homes Location: South of Ellerslie Rd., west of Rabbit Hill Rd.

30. CRIMSON AT CREEKWOOD CHAPPELLE

By: Qualico Communities Builders: Sterling Homes, Pacesetter Homes Location: South of Ellerslie Road & West of 141 Street

31. KESWICK ON THE RIVER

By: MLC/Cameron Communities Builders: Cameron Homes, Hillview Master Builder, Kimberley Homes, Landmark Homes, Parkwood Master Builder, Aacropolis Homes, Ace Lange Homes, Carriage Signature Homes, Perry Signature Homes Location: West of 180th Street and South of Ellerslie Road (9th Avenue)

32. JAGARE RIDGE

By: Melcor Developments Ltd. Builders: AceLang Construction, Canyon Springs Master Builder, Birkholz Homs, Hillview Homes, Carriage Custom Homes, Kanvi Homes, Perry Signature Homes, Kimberley Custom Homes Location: South on Ellerslie and 141 Street

34. CHAPPELLE GARDENS

By: Brookfield Residential Builders: Brookfield Residential, Daytona Homes Master Builder, Homes by Avi, Look Master Builder, Morrison Homes Location: South of Ellerslie Road & West of 141 Street

35. ONE AT WINDERMERE

By: Beaverbrook Communities Builders: Dolce Vita Homes, Sunny Valley Homes, Ace Lange Homes, Kanvi Homes, Vicky’s Homes Location: Winderemere Boulevard West of 170 Street

37. GRAYDON HILL

By: MLC Group Builders: Averton Homes, Marcson Homes, Parkwood Master Builder, Landmark Communities, Lincolnberg Master Builder, Pacesetter Homes Location: Ellerslie Road, west of 127th Street SW

38. GLENRIDDING HEIGHTS

By: Rohit Land Development Builders: Crimson Cove Homes, Gill Built Homes, Lincolnberg Master Builder, Pacesetter Homes, Rohit Communities Location: South of Ellerslie Road, east of 170 Street

39. PAISLEY AT HERITAGE VALLEY

By: Brookfield Residential Builders: Brookfield Residential, Daytona Homes Master Builder, Jayman BUILT, Coventry Homes, Homes by Avi Location: South of Ellerslie Road & east of 141 Street

40. ONE AT KESWICK

By: Beaverbrook Communities Builders: Averton Homes, Bedrock Homes, Dolce Vita Homes, Kimberley Homes, Kanvi Homes, Landmark Homes Location: Hiller Road, west of 170 Street

41. THE DRIVE

By: Beaverbrook Communities Public lots available Location: North of Windermere Blvd along Windermere Drive SW

33. CREEKWOOD CHAPPELLE

By: Delcon Creekwood Builders: Averton Homes, Homes By Avi, Prominent Homes, Alquinn Homes, Klair Custom Homes, First Avenue Homes Location: 41 Avenue SW at 141 Street

By: Qualico Communities Builders: Connect Homes, Coventry Homes, Sterling Homes Location: South of Ellerslie Road, east of 170 Street

AUG 10 - SEPT 7, 2018 35