Resale Home & Condo Guide Calgary by NextHome

Calgary Edition

Dec 28, 2012 - Jan 25, 2013 Volume 12 Issue 13

Your Best Source for Homes & Condos

GORGEOUS HOME in Cranston

For more information on this property go to pages 50 & 51

Don Lothian Debbie Rice 403.256.3888 lothianricerealestate@gmail.com I www.calgaryrealestate.org INSIDE THIS ISSUE

TIPS FOR BUYING AN INVESTMENT PROPERTY

CREATE A BEAUTIFUL, FUNCTIONAL BASEMENT

YOUR HOME: ASSET OR EXPENSE?

BECAUSE HE WORKED HARD FOR HIS CLIENTS ALL YEAR, SAM IS THE # * 1 REMAX AGENT IN CALGARY AGAIN… NOW HE’S IN HAWAII FOR THE HOLIDAYS! Accepting new listings January 15th

*based on individual status as of November, 2011

2012-hawaii-ad-final.indd 2-3

MARKETING YOUR HOME FOR ALL IT’S WORTH®

www.SamCorea.com | 403.870.8811 12/17/12 4:41 PM

Dianne Brown

REAL ESTATE TEAM DIANNE & MICHAEL BROWN

LANDAN REAL ESTATE

CALL & ASK FOR DIANNE

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

Condominiums

CEDARBRAE

GARRISON WOODS

1-800-661-6262

realestate@diannebrown.ca www.diannebrown.ca HAYSBORO

CONNAUGHT

On wo spi coz low

LD SO EXCEPTIONAL VALUE! MUST BE SOLD! Features 3 bdrms, 1½ baths, cozy wood burning fireplace, large sunny patio & 2 heated underground parking stalls. Beautifully maintained complex with lots of mature trees & shrubs.

Beautifully finished 1 bedroom + den unit featuring an open concept kitchen w/stainless appliances, granite & large island. Also included are a gas fireplace, insuite laundry, large balcony & a heated u/g parking stall.

Contemporary living in this bright, open 1 bdrm + den unit features granite counters, large windows, air conditioning, sunny south exposure, private balcony, insuite laundry & storage, 24hr concierge & 1 heated u/g pkg stall.

Recently renovated 916 sqft 2 bedroom in concrete building. Features spacious bright maple kitchen, newer appliances, lots of cabinetry, ceramic tile & newer berber carpet. Generous ensuite & laundry area w/extra room for storage.

$198,500

$249,900

$253,900

$269,900

COCHRANE - GLENBOW

SIGNAL HILL

VARSITY VILLAGE

COCHRANE – SUNSET RIDGE

Su hom ing gra low

LD SO This large 3 bedroom, 2½ bath 2 storey townhome in desirable McGonigle Heights features an island kitchen, ample cabinetry & countertops, developed basement +single attached garage. Close to restaurants, curling, golf & so much more!

Fabulous +50 complex with private clubhouse facilities & amenities. Largest floor plan featuring 2 bedrooms, 2 bathrooms, 2 sheltered decks, insuite laundry, loads of closet space, storage locker & heated underground parking.

Elegant spacious 2 bdrm + loft 2 storey townhome w/double tandem garage. Fabulous location – Close to the LRT, a quick escape to the mountains & close to Market Mall, U of C & both the Children’s & Foothills Hospitals.

Exceptional location! Mtn Views! 3 bdrm, 2½ bath 1805sf 2 storey w/walk-out backs onto reserve w/ ponds & paths. $40,000+ in upgrades incl: hdwd & tile floors, cozy gas fp, black appl., espresso cabinetry & island w/breakfast bar.

$309,900

$339,900

$379,900

$399,900

CONNAUGHT

PARKHILL

CANMORE

EAU CLAIRE

Executive 2 bdrm, 2½ bath 2 storey townhouse. Modern open concept style features a maple kitchen w/stainless steel appliances, gas fireplace, separate laundry room, brick patio + 1 titled & 1 leased underground parking stall.

Coming Soon! Exclusive development at the highest point in Parkhill with lovely views. Contemporary duplex & triplex units have sgl/dbl garages + covered parking stall. S.S. appliance pkg, hdwd floors, granite counters & 2½ baths.

“Three Sisters” Fabulous views from this immaculate 3 bdrm, 2½ bath 3 storey with dbl garage. Features hardwood, granite, extra tall cabinetry, breakfast bar & island, custom Hunter Douglas blinds & cozy fireplace.

Executive living! 2 bdrm, 2 bath corner unit in THE WATERFRONT. Features downtown skyline view, gourmet kitchen w/large island, stainless appliances, hdwd & tile flrs, cozy f/p, heated parking, gym, party rm, concierge & security.

$470,000’S

$489,900

$589,900

$409,900

MISSION

STARTING IN THE

MISSION

BEDDINGTON

LD SO

Ne tac spa cab pla

Ne cus cei app sch

SHAWNESSY

LD SO

Luxury living in this bright, 2 bedroom PENTHOUSE featuring vaulted ceilings, floor to ceiling windows , gourmet kitchen , feature fireplace, 2 decks with South & West views & 2 underground parking stalls.

New luxurious 2 – 4 bdrm PENTHOUSE units available in La Rive located on the banks of the Elbow River. Full concrete construction, 9’ ceilings, hdwd, tile, granite, s.s. appliances, fireplaces & titled parking.

Immaculate & substantially updated 3 bedroom attached 2 storey Upgrades include: new siding, shingles, flooring, paint, blinds & lights. Newer countertops, appliances & linoleum. Close to transit, parks, schools & transit.

Lovely 3 bedroom home featuring new front door, tiled foyer, laminate flooring, cozy fireplace, shiny new kitchen with updated appliances and more. Lower level is fully finished. Private park-like yard & single garage.

$629,900

$899,900 - $1,500,000

$289,900

$349,900

Thi ed of #9 the

COVENTRY HILLS

ERLTON

MCKENZIE LAKE

CHAPARRAL

On the Park! Beautifully updated featuring hardwood flooring on the main level, wrought iron spindles, large island, breakfast bar & pantry, cozy stone fireplace, professionally developed lower level & 2 tiered deck.

BUILDERS & DEVELOPERS – Outstanding lot on quiet cul-de-sac. Full downtown views! Zoned for up to 3 dwellings. Approved plans & permits incl: triplex w/2 attached 3 storey dwellings & 3rd bungalow dwelling.

WOW! This bungalow features a total of 4 bdrms, 3 bathrooms, 2 fireplaces, main floor laundry, ceramic tile, vaulted ceiling, huge kitchen w/pantry, large peninsula w/breakfast bar, 2 tiered deck. Close to park & river path system.

Full Lake Privileges! Over 2300sqft of living space featuring 3 bedrooms, den, bonus rm, 2½ baths, 2 sided fireplace, kitchen w/large island & breakfast bar & walk-in pantry. Granite counters, hdwd flooring & vessel sinks.

$439,900

$479,900

$498,900

MCKENZIE LAKE

SHAWNEE SLOPES

ROYAL OAK BEAUTY

MCKENZIE LAKE

onple try, ous ge.

Substantially renovated! Gorgeous 1900 sqft home on large lot backs onto private path leading to Fish Creek Park. Vaulted ceilings, hdwd, granite, 4 bdrms, 3 full baths, cozy fireplace, full lower development & so much more.

Beautifully maintained 2 storey home backing onto a greenbelt & park. Total of 5 bdrms, large open foyer, spacious island kitchen, fireplace & built-ins. Conveniently located – 15 minute walk to LRT & Fish Creek Park.

Substantially upgraded 3+1 bedroom home features 3½ baths, air conditioning, upgraded s.s. appliances, cozy gas fireplace, bonus room, vaulted ceiling & so much more. Close to park & ridge and river valley path system.

$509,900

$518,888

3+1 bdrm w/huge bonus rm & main floor den. Prof. developed lwr level w/bdrm/bath & family rm. Hdwd throughout the main, large kitchen w/ island/breakfast bar, wet bar, gas f/p & 9’ ceilings. Great home in like-new condition + sunny west $529,900 yard.

FOOTHILL ESTATES

CRESCENT HEIGHTS

MOUNT PLEASANT

ASPEN WOODS

$548,500

LD SO

ath w/ wd sso

New luxurious 3 bdrm, 2.5 bath 2 storey attached homes with 2089sf of well planned living space. Features granite, breakfast bar, extra tall cabinetry, walk-in pantry, hdwd flooring, gas fireplace, vaulted ceilings & dbl garage.

Great floor plan in this 3 bedroom, 2½ bath 2 storey home. Features include vaulted ceiling, oversized windows, gas fireplace, extra tall cabinetry, granite counters, island with breakfast bar, walk-in pantry & upper laundry room.

Classic 60’s 1837sf fully developed 2 storey split on .22 acres facing a park. Features hdwd, custom shelving, well laid out kitchen & main floor laundry. Close to the Winter Club, schools, transit, Nose Hill & Confederation Parks.

Inner City Living! This 3 bedroom + den home is tastefully updated & MOVE IN READY! Hardwood floors, corner fireplace, vaulted ceiling, dbl closets, clawfoot tub, professionally designed courtyard like private South yard.

$599,800

$689,900

$729,900

MAYFAIR

WOODBINE

STAVELY

New House on a 50’ lot. Absolutely gorgeous custom quality home loaded w/upgrades. 9’ ceilings, hardwood flooring, top of the line s.s. appliances, prof. developed lower level. Close to schools, parks & easy access to downtown.

Completely renovated – Gorgeous 4 bdrm w/ dramatic open beam vaulted ceilings, hdwd floors, custom built-ins, 2 fireplaces. Gourmet kitchen w/custom cabinetry, professional line s.s. appliances, quartz counters, 3½ baths & triple garage.

Elegant 2 storey executive home backing onto Fish Creek Park. 3+1 bdrms, 3½ baths, soaring ceilings, walls of glass, skylights, inlaid limestone & granite flooring & fabulous gourmet kitchen. Prof. landscaped + heated pool.

Great opportunity to own a newer custom built raised bungalow on almost 6 acres of land. This home is designed for energy efficiency & low maintenance. Features an oversized Quonset & heated workshop. Close to many recreational sites.

$1,395,000

$1,398,000

$1,646,900

$399,900

NORTH GLENMORE

LD SO

Rural

in ine ess ted

Residential

“For the best in Quality Service”

IRRICANA

SPEARGRASS

CHESTERMERE

NORRIS COULEE

or, iny re. ard

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

Absolutely gorgeous walkout bungalow loaded w/ upgraded features - vaulted ceilings, tigerwood floors, granite counters, in-slab heating, instant HWT & more. Backs onto golf course, mountain views & easy commute to Calgary & Strathmore.

Prime Location! This 4 acre property is within the Town of Chestermere Municipal Development Plan. Large 3+1 bedroom, 2½ bath home with dbl garage + large 32’x58’ Quonset (room for all your toys). Lots of trees for privacy.

Fabulous 3 bdrm 3731sqft country home nestled on a 4 acre parcel. Rustic yet elegant, this home has it all: loads of windows bathing this home in natural light, a wrap around deck, 4 car garage and a private pond with waterfall.

$449,900

$639,900

$649,900

$1,195,000

Don Lothian

403.256.3888

Debbie Rice

lothianricerealestate@gmail.com www.calgaryrealestate.org

$609,888

LANDAN REAL ESTATE

102, 279 Midpark Way SE Calgary AB, T2X 1M2

$1,299,900

GORGEOUS HOME IN CRANSTON

HOME ON THE LAKE AUBURN BAY

Beautifully decorated 3 bedroom home less than a block from the ridge with miles and miles of paths and walkways. The main floor has a flex room, large nook, and the second floor has a large bright bonus room. This home has been completely updated with paint, flooring, appliances and window coverings. The back yard has been professionally landscaped with customized exposed aggregate patio. An amazing property.

Fully dev 1860 sq ft main, (total 3400 sq ft) 4 bedrooms (2 up & 2 down) walkout bungalow. 10 Ft main floor ceilings and 9 ft lower. Estate features through out. Triple glazed windows, air conditioning, stainless steel appliances, granite counter tops. A must to view.

$885,000

$1,599,000

INFILL IN ALTADORE

RENOVATED HOME ON LAKE SUNDANCE

The quality can be felt throughout all 3 levels. The kitchen features granite countertops, the appliances are all high end and the stove has an induction top. The living room features built-in cabinetry around the gas fireplace and lots of light. The master bedroom has vaulted ceilings and his and hers closets. The ensuite has 2 sinks, a rainforest showerhead and a large soaker tub. The basement features large windows in the recroom, in-floor heating throughout and a 3 piece bath off the 4th bedroom. The exterior of house and garage is acrylic stucco.

Maple hardwood has been installed on both upper levels. The professional grade kitchen has a huge granite island incorporating a Wolf gas range and custom copper hoodfan. There are 2 built in ovens and a large Sub-Zero fridge. All the windows in the house have been replaced and extras were added to bring in more light. A beautiful wood staircase leads up to the large master suite overlooking the lake. A private deck off the master is perfect for a quiet retreat. There are 4 bedrooms up plus a 5th in the basement.

$395,000

$509,800

BEAUTIFUL 3 LEVEL SPLIT IN SOUTHWOOD

GORGEOUS BUNGALOW IN SUNDANCE

Beautiful 3 level split across from green space with great access to the off leash parks and fantastic walking paths. The back yard is set up for entertaining with the lush landscaping and great patio space. Three spacious bedrooms with hardwood floors. The home is inviting as you step through the front door with a bright spacious living room and dining room with sliding doors to the back yard. This home is a great find in a mature neighbourhood close to all amenities

Beautifully and very tastefully presented updated bungalow on estate cul-de-sac in the heart of Lake Sundance! Gleaming hardwood, clay tile roof, newer deck, maticulous landscaping, and upgraded finishing. An abundance of windows add natural light to this beautiful home. Open stairway leads to the professionally developed lower level with 2 spacious bedrooms, 3 piece bath and warm central rec room.

For more information on current listings - or to chat directly anytime, please call Don or Debbie at 403.256.3888 or 1.800.661.6262

www.tarkan.ca Call: 403.247.5503 Email: serhan@tarkan.ca

HAPPY NEW YEAR & THE BEST IN 2013

SOLD

#322 107 ARMSTRONG PLACE

$399,900

SEE MORE & DO MORE IN CANMORE Nestled in beautiful Three Sisters is this fantastic retreat in The Portal At Stewart Creek...a gorgeous 2 bedroom unit with rich hardwood floors & a soaring open floorplan bathed in natural light. This bright 2-level unit offers a dramatic two storey living room with a gas fireplace & floor-to-ceiling windows, a sleek gourmet kitchen with stainless steel appliances & granite counters and TWO indoor parking stalls included. MLS #C3539308

#321 107 ARMSTRONG PLACE

$419,900

SEE MORE & DO MORE IN CANMORE Welcome to the Three Sisters mountain retreat surrounded by towering trees & the pristine Rocky Mountains. This gorgeous 2 bed townhome offers high vaulted ceilings an open plan kitchen with alderwood cabinets, stainless steel appliances with a gas stove & granite countertops. With arguably the best views in the complex, you can view the mountains from every room. There are 2 decks - one boasts a built-in gas barbeque. A great loft with a skylight, an upper level laundry with a full-sized stacked washer/dryer, hardwood & tile floors, 2 full bathrooms - both with granite counters, including the master ensuite with an oversized walk-in shower, two parking stalls in the heated underground parkade along with a good sized storage locker. The perfect getaway from Calgary in the heart of this mountain resort! MLS #C3548254

43 EDGERIDGE COURT NW

$729,900

EDGEMONTâ&#x20AC;&#x2122;S POPULAR RAVINE SYSTEM Absolutely gorgeous 4 bedroom two storey walkout backing onto Edgemontâ&#x20AC;&#x2122;s popular ravine system... a beautifully renovated family home nestled in this quiet cul-de-sac within walking distance to schools & shopping. The main floor of this bright & airy home boasts an open concept living/dining room with wrap-around windows, a sunken family room with a wood-burning fireplace framed by built-in wall units & a sleek oak island kitchen with granite counters & stainless steel appliances including a cooktop stove & built-in oven. MLS #C3547045

63 ROYAL RIDGE MANOR NW

$949,900

ROYAL OAK LUXURY Surrounded by panoramic mountain, city & downtown views to the horizon is this beautifully upgraded custom home in Royal Oak Estates...a stunning one-owner home on a ridge backing South onto a playground. Showcased by 9ft ceilings & rich hardwood floors, this 4 bedroom beauty boasts a great room with a gas fireplace, a main floor office with a recessed ceiling, a formal dining room & a sleek maple kitchen with stainless steel appliances, granite counters. A spacious bonus room upstairs with a master bedroom and a raised ensuite. A fully finished walkout basement completes this elegant home. MLS #C3545056

so ld

Professional Service Professional results

Glenbrook Townhouse

Bankview Condo

• 2 storey • 3 bedroom • FREE CONDO FEES FOR 6 MONTHS

• New Walnut Floors • New Kitchen with maple cabinets, granite, • stainless steel appliances

• Amazing City views • 2 bedroom corner unit

Hidden Valley

Airdrie 2 storey

Coventry Hills

• Great Value • Developed Basement • Like new condition

• 1414 sq ft • Large deck • Dark maple kitchen

$219,000

409,000

so ld

$188,000

Crescent Heights

349,900

329,000

JUST LISTED $344,000 • Numerous new upgrades • Hardwood floors, • Travertine tile work

Buy or sell a home with me and you are entered!

One of my clients is going to

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403.835.4904

advertisersindex Vice-President, wall2wall media

cameron & comPany discount realty ltd. Dory Cameron. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 century 21 David Crick . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 cir realty David Setter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Jacqueline Hill

editor-in-chief, national real estate

Susan Legge editor

Janine Druery Lydia McNutt (on leave)

maPle leaf realty Ken Yeoh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

media consultant

Precision real estate Dean Benoite . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

director of sales, western canada

real estate Professionals Melissa Fowler . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 re/max real estate Debbie Rice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Dianne Brown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Don Lothian. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Gary Williams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 James Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Len T. Wong & Associates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Rahim Dhanji . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Richard Kim. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 Robert Cote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Ron Clappison . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Sam Corea . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Scott Merchant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

Anita van Breevoort Phone: 403.461.5518 | Fax: 403-685-0582 Josh Heppner

contributing editors

Wayne Karl, Elisa Krovblit, Silvana Longo, Sara Duck (on leave) Production manager

Bala Gnanapandithan art director

Julie Yoo

graPhic designer/disPlay artist

Mike Terentiev

Production coordinator

Bala Menon

national account manager, mediatiVe

royal lePage real estate Chris Zaharko . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Kelly McKelvie & The McKelvie Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Back Cover Raymond Riley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Ripco Marketing Team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 Serhan Tarkan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Andrea Berry Printing

Elite Lithographics, Centralweb Colorpress for adVertising inquiries Please call 403.461.5518

consumer home show Calgary HomExpo Show . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 MoRTGAGE CoMPANiES Prolink Lori Ames. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 RECREATioNAl PRoPERTiES & MoRE Pemberton holmes Nancy Vieira . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46

The Calgary Resale Home & Condo Guide is published by Wall2Wall Media located at 2891 Sunridge Way NE, Calgary, AB T1Y 7K7. Resale Home & Condo Guide is distributed throughout Calgary at free pick-up locations. This magazine carefully inspects all ads for accuracy, however, the publisher and the printer shall not be responsible for any mistakes, design errors or incorrect information which is provided by the advertiser or their representative. The advertising herein, including the photographs and all artwork, is the property of Resale Home & Condo Guide and not that of the advertiser. The advertiser has purchased the right of reproduction in Resale Home & Condo Guide magazine only and does not have the right to reproduce the ad in whole or in part in any other place or publication without the consent of the publisher. The entire contents of this publication are protected by copyright and are intended for the sole use of the public. The views expressed by the columnists in this publication are not necessarily those of the publication. Published by

Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners llP, used under license.

Volume12 Issue13 | ResaleHome&CondoGuide â&#x20AC;˘

contents

Volume 12 Issue 13 | dec 28, 2012 - jan 25, 2013

in this issue 16. 18.

Editor’s NotE tips aNd tricks

up tips

Five post-christmas clean-

22.

hot topic

What you should know about buying an investment property by Wayne Karl

32.

fEaturE rEaltor

42.

holiday tips How to replace holiday stress with holiday joy by hellen Buttigieg

44.

arouNd thE housE

50.

fEaturE propErty cranston estate home steps away from River Valley. Featured by don lothian and debbie Rice at Re/max landan Real estate by heather ryan

53.

markEt aNalysis Residential sales activity on a steady pace by heather ryan

don lothian and debbie Rice at Re/max landan Real estate by heather

ryan

37.

rEcipE

anna olson’s roasted root vegetables

38.

mortgagE poll

canadians view their homes as key investment tool

10 • ResaleHome&CondoGuide | Volume12 Issue13

make your basement beautiful – and functional

maps & extras 20, 24, 39 and 41. calgary maps, communities and mls numbers 34. You love the home, see what you can afford! 45. Real properties 48. out-of-town regional map

FoR adVeRtIsIng InFoRmatIon call officE 403.461.5518 next deadlIne: JaNuary 11, 2013

Volume12 Issue13 | ResaleHome&CondoGuide â&#x20AC;˘

Zaharko

the name synonymous wi

Rockyridge Estates

Location...Location! If tranquility and nature are what you are looking for; then welcome to this stunning 2 storey walkout backing onto a lake & greenspace. This custom built 3700 sf home features a majestic foyer and offers a music room, den, formal dining room, 2 storey high great room with a stone fireplace and large windows with views of the lake. Hardwood and Tile throughout the main floor. The gourmet kitchen has top quality appliances, gorgeous cabinets, granite counters, a centre island, a walk-in pantry and a full length arched window over the sink with lake views. 4 bedrooms up with walk-in closets & ensuite bathrooms. Solid wood doors and built-in speakers throughout. Mud room off the garage has lockers, built-ins & a bench. Main floor laundry with a laundry chute from the upper level. Aggregate driveway and double attached garage. This home has too many features to list and is a must see! $1,299,000 MLS #C3530436

Ful ing an ing wit an

Killarney

Custom built Lantern home with a Tuscan-theme design including rich hardwood, distressed wrought-iron railings, granite counters, custom cabinetry, accent lighting & triple glazed windows. Large den with generous natural light & coffered ceilings. The gourmet kitchen features rich maple cabinets, granite counters, s.s. appliances & a large center island with raised breakfast bar. Spacious dining area which is open to the kitchen & living room, perfect for entertaining. Living room features a corner gas fireplace with Tuscan-inspired tile surround. Mud room on the main floor features a 2 pce bath & laundry area. The large master bedroom boasts a coffered ceiling, double walk-in closets + a luxurious 5 piece ensuite with a corner soaker tub, shower & double vanities with granite countertops. Two additional bedrooms & a 4 piece bathroom finish off the upper level. The lower level has a large family room with a gas fireplace, wet bar, bedroom & 3 pce bath. Double detached garage. Close to all amenities. $649,000 MLS #C3542756

Kelvin Grove - Renovated Bungalow

Updated bungalow in desirable Kelvin Grove with a total of 4 bedrooms and 3 full baths. New Hardwood throughout the main floor. Large open living room with a corner fireplace and formal dining room. Kitchen has new maple cabinets, granite counters, stainless steel appliances and a large breakfast bar. Sunken family room with another fireplace and french doors leading to secluded rear yard. 3 good sized bedrooms on the main and the master ensuite has a walk-in whirlpool bath. Basement boasts a media room, 4th bedroom and a full bath with heated tiles and a 2 person whirlpool tub. Exterior features new stucco and cultured stone, new windows and a double oversized garage plus RV parking. New furnace and hot water tank. Located on a large corner lot and close to all amenities. $729,000 MLS #C3528983

Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

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Evergreen

Fully developed 4 bedroom Cedarglen home located on a quiet street in Evergreen. Open concept floor plan which is great for entertaining. Kitchen features hardwood floors, plenty of cabinets, a corner pantry and an island with raised breakfast bar. Spacious great room and dining area with a garden door leading to the deck. Upstairs is a large bonus room with a corner stone gas fireplace and vaulted ceiling. The master bedroom features a walk-in closet and 4 piece ensuite with a soaker tub & separate shower. The lower level is developed with a large rec room, a 4th bedroom and another 4 piece bathroom. This lovely home is situated in a family oriented neighbourhood and close to all amenities. $458,000 MLS# C3544330

Connaught - The Montana

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Welcome to the Montana, an upscale contemporary complex, located in the vibrant and trendy inner city district of Connaught. Offering exclusive elegance and thoughtful amenities such as a 24 hour professional concierge who is dedicated to making your life easier. This 1261 sq. ft. two bedroom & Den unit on the 18th floor features floor to ceiling windows offering panoramic views. The functional kitchen boasts GE Profile stainless steel appliances, granite countertops, breakfast bar and maple cabinets with under cabinet lighting. The master bedroom features a walk-in closet and 4 piece ensuite bath. Natural gas BBQ hookup on the balcony. Titled underground parking (P3-31). Prime location, close to shopping, restaurants and minutes to the downtown core. $729,900 MLS #C3543240 Also available is a 910 sq. ft. two bedroom unit on the 10th floor (Bellevue floor plan). Titled underground parking (P2-15). Asking $505,000 MLS #C3543236

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

Zaharko

the name synonymous wi

Unit 2 - $334,500

The Anderson - Lower Mt Royal

Old world charm and modern living have come together to make one of the city’s oldest and most distinguished buildings a landmark residents can call home. Anderson Estates, located at 804-18 Avenue S.W., symbolizes sophisticated living and nostalgia for another time. Located in Lower Mount Royal, near the heart of Uptown 17th, the historical building remains a cornerstone of downtown Calgary culture and a hotspot for young trend-setters. The H-shaped building, designed to maximize the natural light, still includes the original solid oak baseboards and mouldings, maple floors, brass railings with cast-iron rails, and imported Italian marble stairs. Each of the units, 65 one-bedroom and a single, 2-bedroom, have ten-foot ceilings, six-foot tall windows, granite countertops, maple or oak cabinets, re-porcelained clawfooted tubs, and a new hot-water system. There are two different floor plans, with exception to the twobedroom, which had originally been bought as two condos and expanded by a past owner. The T-shaped condos are 497 sq.ft., while the bay window units are 619 sq.ft. but they feel deceptively larger, thanks to the amount of natural light and floor plan.

Maple Ridge Bungalow

Three bedroom bungalow on an oversized lot in Maple Ridge. French doors lead from the foyer into the spacious living room with hardwood floors and a wood burning fireplace. The adjoining dining room leads into the kitchen. Parquet flooring in the kitchen with plenty of white cabinets and a good sized eating area. Large master bedroom with double closets and a 2 piece ensuite. Basement has a large rec room with a corner wet bar and a 3 piece bath. Large mature back yard with an oversized double detached garage. $389,900 MLS# C3547468

Chris Zaharko |

Associate #1 Individual Agent at Royal LePage Foothills 2008

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Springbank Hill

Bridgeland Condo This lovely 3 bedroom 2 storey home is located in the sought after community of Montreaux and offers over 1848 sq. ft. of living space. Open and functional ﬂoor plan featuring dark stained cabinets and hardwood ﬂoors. Gorgeous master suite with huge walk-in closet and builts-ins. Walking distance to Aspen Landing, parks and pathways, minutes to the Westside Rec Center and new C-Train line. Close to both public and private schools and a quick commute to downtown.

$599,900

Welcome to the Ponteﬁno I located on a quiet street across from a green space, park and the Bow River pathways. This 1 bedroom + den unit has a nice open ﬂoor plan with large windows for plenty of natural light. Functional kitchen with lots of cabinets and a curved breakfast bar. A garden door from the kitchen leads out to the patio. Spacious master bedroom with large windows, a walk-in closet and 4 piece ensuite with soaker tub. Heated underground parking. Great location, in the heart of Bridgeland, within walking distance to restaurants, shops, Starbucks, the C-Train and a short walk to downtown. $282,000 MLS #C3539660

Panorama Hills Condo

This top floor corner unit is privately situated at the northern edge of the complex with a wrap-around balcony that offers spectacular views. Open and functional floor plan with 9 foot ceilings, a corner gas fireplace, 2 bedrooms and 2 full baths. Kitchen features a window over the sink, maple cabinets, ceramic tile floors and a raised breakfast bar. Unit is also pre-wired for a home theatre system. Great location within walking distance to movies, restaurants, shopping, leisure centre, library and public transportation. $264,000

Connaught

Bankview Condo

Welcome to the Wellington Estates, a secure well managed concrete building with heated underground parking. This one bedroom unit is located on the 10th ﬂoor with west exposure offering stunning views. Functional kitchen with plenty of cabinets and a spacious living room with a balcony. Located steps from Starbucks, Subway & more plus only a short walk to the restaurants and shopping on 17th Avenue, downtown and the new LRT. Note: Unit can be sold furnished (excluding the art). $229,900 MLS #C3540614

Located on a quiet tree lined street in Bankview close to all amenities. This 2 bedroom townhouse is perfect for the working professional. Laminate flooring throughout and large windows for an abundance of natural light. Living Room features a corner wood burning fireplace and sliding doors to a large patio with glass panel railing. Galley style kitchen with new tile floor and lots of cabinets. 2 piece powder room. Upper level includes a spacious master bedroom with a walk-in closet and sliding doors to another balcony. Large 2nd bedroom, laundry area and 4 piece main bath complete the upper level. Parking stall in the back. $259,900

P: F:

403.249.4322 403.252.2653

E: W:

czaharko@rlfoothills.com www.zaharko.com

editor’snote

Buying a home with confidence

MAKES A WORLD OF DIFFERENCE

hen you tell people you’re shopping for a home, you’ll find most everyone will want to share their own homebuying experience with you. Some will offer you their personal advice and suggestions, while others will frighten you with details about their disastrous homebuying experience or that of a friend of a friend. With so many variables, it can be hard to figure out what’s necessarily good advice. It’s always best to get advice from the experts, especially when it comes to purchasing a big-ticket item like a home. No matter what your Uncle Joe says, when you’re equipped with the right expert advice for your situation, you can move forward by making confident purchasing decisions that are right for you and your family. Much of what you’ll want to know about the road to home ownership is right here in this magazine. If you don’t find what you’re looking for, write to us and we’ll help get you an answer from one of our experts. Take us along for the ride and let us know how it turns out. Thanks to our website, homeTRADER.ca, you now have even more articles and features than ever to source, so you can be sure your buying experience is a positive one.

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

The importance of

A HOME INSPECTION

t was love at first sight. I walked into the home and was instantly smitten with the exposed brick walls, gleaming hardwood and expansive party kitchen. But the trained eye of my Realtor was turned on other things: Had I noticed the old roof? And what about the knob and tube wiring? The electrical panel was a mess. And then there were the drafty windows… Knowing what to look for when you buy a home is important. But, let’s face it, most of us aren’t specialists in that area. That’s why consulting with experts is a good idea. And nothing, absolutely nothing, can substitute for a home inspection done by a reputable firm. A good home inspector is worth his/her weight in gold and will produce a report for you on a potential purchase that is hundreds of pages long and can leave your head spinning. But having too much information is generally a good thing. I know a couple who, in the midst of a bidding war, decided to forfeit a home inspection, and were extremely shocked to discover the enormous amount of work (and money) that was required in their new house. Inspectors can get in and out of all of the places we cannot and, with all of the tools at their disposal, can give us a much more realistic view of what we may be about to purchase. You’ve heard the expression: “an ounce of prevention is worth a pound of cure.” In the case of buying a home, it is certainly the truth.

Janine Druery EDITOR Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery

16 • ResaleHome&CondoGuide | Volume12 Issue13

Lo wi en an

no sf bo lar en am Ste

POINT ON THE BOW - $1,395,000 ABSOLUTELY INCREDIBLE VIEWS!!!

D L O S Location! Location! Extraordinary southwest corner location with absolutely stunning 11th floor views of the Bow River Valley!! Spacious 2438 sq ft open floor plan with large floor to ceiling windows providing plenty of natural light throughout. You’ll enjoy the 3 balconies with views, 3 gas fireplaces, 2 bedrooms + Den, 2 baths, ensuite with jetted tub, sep laundry room, titled parking & storage, concierge service and Spa Amenities. Nicely finished with hardwood & tile floors, french doors and granite countertops throughout. Outstanding views!!

THE LOOKOUT $539,000

LACAILLE PARKE PLACE - $384,900

The ultimate in +40 adult living located on quiet cul-de-sac street close to the Bow River, Pathways and Prince’s Island Park! Absolutely immaculate like new condition located on prime northwest corner with views of Bow River and Peace Bridge! Fabulous 1536 sf open floor plan with 2 bdrms, 2 baths, lge tile entrance way, lge kitchen, bonus sunroom, balcony with views, gas fireplace, steam shower, jetted tub, large functional laundry room, built-in Murphy Bed and desk, vacuum system, ensuite, walk-in closet and underground titled parking & storage locker. Beautiful amenities include; Front Seating Area w/Fireplace, Social Room, Exercise Room, Steam Room, Library, South Facing Sundeck and carwash bay.

Welcome to “Lacaille Parke Place” an elegantly designed building with a beautiful entrance lobby, security/concierge service and underground carwash bay. This condo is perfect for that single executive looking to live walking distance to work or to use as a part time residence. Quality construction and finishing is evident throughout all common areas and the unit shows well with granite countertops, stainless steel appliances and tile/carpet flooring. You’ll enjoy the open floor plan, large bright windows, gas fireplace, spacious bedroom, insuite laundry, west balcony and views towards the Bow River and Peace Bridge. 737 sf, 1 Bedroom, 1 Full Bath, Titled Parking Stall and Storage Locker.

D L O S

To View These Properties go to

D L O S

www.robertcote.ca

Wishing Everyone a Happy and Safe Holiday Season!

tipsandtricks

JAMES COTE 703-0455 Certified Condominium Specialist 3rd Generation Calgary Realtor

To view these properties go to: www.jamescote.com HOUSE OF REAL ESTATE

MARLBOROUGH

Five post-Christmas

clean-up tips

EXCELLENT OPPORTUNITY!!

$270,000 OPPORTUNITY IS KNOCKING!!! Great value in this nice family home. 3 bedroom bungalow with a 4th bedroom down. Main floor has living room, kitchen, 3 bedrooms, a 4 piece bathroom and an eating nook that leads to patio doors and a front balcony. Lower level has a large family room, a 3 piece bathroom and one of the largest bedrooms in the house with a wood burning fireplace. Basement also includes a big laundry room with sink and a storage area. The well maintained back yard has a deck, a firepit and RV parking. An oversized double detached garage with a paved back lane complete the package. This home is in good shape, has great “curb appeal” and is “move in” ready. Put this one on your list and call to view, as this home will sell quickly! Appliances sold in “as is” condition.

W ow ye an to an ne

A Su al FR

KILLARNEY / GLENGARRY GREAT LOCATION & NEWLY RENOVATED!!

$319,900 Here’s your chance to own a beautiful condo in an adult only, concrete building in the sought after community of Killarney. Units rarely come up in this popular and well-run complex. This 2 bedroom, 2 bath second floor unit will impress with new kitchen, new hardwood floors and all rooms completely repainted. The open concept kitchen boasts new cabinets, granite countertops, under cabinet lighting and tasteful tile backsplash... all perfectly accented with brand new stainless steel appliances! Spacious master bedroom with walk-through closet and 4 pce ensuite. A large second bedroom, 3 pce bathroom and in-suite laundry/storage completes the package. Lots of mature trees surround the balcony for a peaceful setting. Comes with 1 underground titled parking stall and 1 storage unit. Building is 1 block from the Killarney Recreation Centre and Swimming Pool. Minutes to downtown & close to amenities, shopping and the new West LRT. This is a great opportunity!...DON’T MISS OUT!!

KILLARNEY/ GLENGARRY URBAN CHIC CONDO!

$349,900 AMAZING LOCATION!!...and 2 HEATED UNDERGROUND TITLED PARKING STALLS!! Urban Chic condo with sleek, modern contemporary finishings. Walk in and be knocked out by the bright open space of this well layed out 2 bedroom home. The stunning kitchen boasts granite counter tops, stainless steel appliances, full height cabinetry and tile backsplash. Spacious living room with a huge picture window floods the room with light. Large Master Bedroom with a beautiful 4 pce. ensuite bathroom and a double sided walk-through closet. A good sized second bedroom, in-suite laundry, another beautiful 4 pce. bathroom complete the package. Right across from a huge park and the Killarney Pool & Rec Centre. Also close to shopping, 17th Ave, the new West LRT and only minutes to downtown. This west facing unit is in “mint condition” and is vacant for a quick possession. Nothing to do, but move in and start enjoying your new life! Be sure to put this one on your list...it’s a “MUST SEE”!!

18 • ResaleHome&CondoGuide | Volume12 Issue13

ost-holiday clean-up is not as fun as decorating, but it is important to properly store holiday decorations to ensure they are around for many years to come. If you’re not sure where to start, Canadian Tire offers the following post-holiday organization tips to get you ready for next year:

›› Wrap ornaments individually to avoid breakage or use an ornament storage box. ›› If you have to store an artificial tree, use a storage bag or bin that’s large enough to keep all the pieces together for easy assembly next year. ›› Clearly label boxes and storage bags with your holiday items so that you can find all your favourite decorations easily next year. ›› Place leftover rolls of wrapping paper in a tall laundry hamper or garment bag. ›› Use a garden hose reel or lights kit storage to keep lights from getting tangled or broken. Proper storage of holiday decor will make it that much easier the following year to trim the tree and deck the halls for the season. NC

The first consumer home show of the year! With a new year revving up, homeowners start their annual ‘first of the year’ search for new home products and ideas, and know that it’s important to ‘get crackin’ on it to get the products and contractors they need, when they need them. And that’s what HOMEXPO delivers! Suppliers, contractors and builders, all under one roof for three days. And FREE PARKING for the first 300 cars!

Don’t miss our live presentation stage featuring designer and star of ‘Love It or List It’ on the W Network,

Hilary Farr

7:30pm FRIDAY SATURDAY 1:30pm

Kitchen and Bath renovator, John Sillaots is making his annual return to answer the never ending questions about the most important areas of the home – the kitchen and the bathroom!

JANUARY 11 - 13, 2013 BMO CENTRE, STAMPEDE PARK

FIRST

300 VEHICLES

PARK FREE! ALL THREE DAYS!

John Sillaots

Kitchen and bath specialist

HOURS Friday Noon - 9:00pm

Saturday 10am - 8:00pm

Sunday 10am - 5pm

ADMISSION Adults (18+) $12 Seniors/Youth $10 Children (12 and under) FREE

Volume12 Issue13 | ResaleHome&CondoGuide •

zone

Simons Valley

Kincora

Hampton

NEY

Hawkwood

Edgemont

DE E

Arbour Lake

Harvest Hills

McEwan Glen Sandstone

IL TR A

Country Hills

RA IL

Hidden Valley

Citadel

OO TT

Royal Oak

Country Hills Village

Beddington

STO

Tuscany

Coventry Hills

Panorama Hills

COMMUNITIES & MLS NUMBERS

Rocky Ridge

Evanston

Ranchland Scenic Acres

Ranchland Estates

ILD

Silver Springs Valley Ridge

TRAN

Nose Hill Park

ADA

Dalhousie

AIL

Thorncliffe

Varsity Estates

Varsity Village

HIGH

WAY

North Haven

Brentwood Varsity Acres

Bowness

SCAN

Huntington Hills

University Montgomery Hts

Highwood Greenview Cambrian Highland Charleswood Hts Park Collingwood Mount Mountview Pleasant Banff Trail Capitol Hill Tuxedo

St. Andrew Hts Parkdale

Arbour Lake ........................................443 Banff Trail .............................................415 Beddington ..........................................508 Bowness...............................................478 Brentwood ...........................................420 Briar Hill ..............................................408 Bridgeland ...........................................400 Cambrian Heights ..............................496 Capitol Hill ..........................................414 Charleswood .......................................419 Citadel .................................................475 Collingwood........................................418 Country Hills .......................................516 Country Hills Village...........................521 Coventry Hills .....................................520 Crescent Heights ................................404 Dalhousie ............................................422 Edgemont ............................................461 Evanston ..............................................519 Greenview ...........................................503 Greenwood Village .............................479

Briar Hill Hillhurst West Hillhurst

Hamptons ...........................................471 Hanson Ranch ....................................517 Harvest Hills .......................................514 Hawkwood ..........................................451 Hidden Valley ......................................518 Highland Park .....................................498 Highwood ...........................................499 Hillhurst ..............................................407 Huntington Hills.................................505 Kincora ................................................524 Lynx Ridge ...........................................488 Macewan Glen ....................................512 Montgomery .......................................476 Mount Pleasant...................................494 Mountview ..........................................490 North Haven .......................................500 Panorama Hills....................................515 Parkdale ...............................................411 Point Mckay.........................................412 Ranchlands ..........................................441 Ranchlands Estates .............................442

20 â&#x20AC;˘ ResaleHome&CondoGuide | Volume12 Issue13

Rosedale Crescent Regal Terr/Renfrew Hts Sunnyside Bridgeland

Regal Terrace/Renfrew ........................402 Rocky Ridge ........................................484 Rosedale ..............................................406 Rosemont ............................................495 Royal Oak ............................................486 Sandstone............................................510 Scenic Acres ........................................432 Silver Springs ......................................430 St. Andrews Heights ...........................413 Sunnyside ............................................405 Symons Valley......................................477 Thorncliffe ...........................................502 Tuscany ................................................482 Tuxedo..................................................492 University Heights ..............................416 Upper North Haven ...........................501 Valley Ridge .........................................480 Varsity Acres ........................................426 Varsity Estates .....................................428 Varsity Village ......................................424 West Hillhurst .....................................410

Remax House Independently Owned & Operated

Rahim (R.D.) Dhanji (403) 837-8789 “Exceptional Service,Outstanding Results”

rd@remax.net w w w . R a h i m D h a n ji.c om

Altadore $1,199,900

downtown views, living room with a private deck, walk-in closet & shoe closet, 5 piece ensuite with a tiled shower (steam, body sprays, & 2 shower heads), jetted tub, & in-floor heating • Luxuries include: Home automation, glass railings, high end hardwood floors, skylights, air conditioning, upstairs laundry with sink, fully insulated double garage, & much more • Fully finished basement includes a huge recreational room, wet bar, bedroom, bathroom, & in-floor heating • Built by Prominent Homes Master Builder

• Brand New 3 storey infill, with over 4000 square feet of living space • Huge gourmet kitchen comes with a gas stove, built-in wall oven & microwave, dishwasher, and decorative hoodfan with slam-free high end cabinetry • Quartz countertops in the kitchen, all bathrooms, Bar, & laundry room • Entire 3rd level is the master floor which includes a huge bedroom with

Victoria Park $389,900

Country Hills Village $219,900

• 2 bedroom, 2 bathroom with underground parking • Over 1000 sq.ft of living space on 6th floor. Adult only building. Built in 2008. • Luxuries include air conditioning, in-suite laundry (washer & dryer included), glass balcony with a gas hookup for BBQ, 9 foot ceilings, granite countertops, & much more • Common Recreational room includes: Exercise Room, Hot Tub, Sauna, Theatre, & a Games Room • Close to Shopping, Restaurants, Grocery stores, LRT is just steps away, Saddledome, Talisman Centre, 17th Avenue (Red Mile), and much more.

• 2 Bedroom, 2 Bathroom, 936 Square Feet • Master bedroom comes with walkthrough closet and a 4 piece ensuite bathroom • The kitchen has plenty of cupboard space and all the appliances are included • The unit also comes with in-suite laundry (washer & dryer included) • Brand new laminate flooring. Convenient first floor location. Quick possession available. • Close to all sorts of amenities such as Schools, Shopping, Restaurants, Grocery Stores, Transportation, Cardel Place, library, Movie Theater, & much more.

Ken Yeoh

FREE Quick OnLine Home Evaluation

403.803.8981

www. mapleleafrealty .ca

Broker/Owner

SOLD

• • • • • • • •

Alteration services by professioanl seamtress 26 years of experience Owner retiring/moving out of town Selling existing stocks Wedding, grad dresses & accessories Minimum discount of 50% off Ideal for family business May provide training to potential buyer

• • • • • • • • •

Best priced 2 storey home 3-car attached garage & central A/C Total of 4 bedrooms & 2.5 baths Main floor den, laundry & 2-pc bath Large kitchen with island, pantry & nook Fireplace in bright family room Large master with walk-in closet & 4-pc ensuite Enjoy your BBQ in sunny south backyard Walk to golf course, school & shops

ASPEN WOODS

855,000

Magnificent 2 storey home Backing onto ravine & pond Formal living/dining room Large family room & den Sunny kitchen with island & pantry Full size Dura deck with glass railings Huge master w/jetted tub & shower Developed walk-out basement Fully landscaped w/underground sprinkler system

680,000

EDGEMONT • • • • • • • • •

SOLD

• • • • • • • • •

549,000

HAMPTONS

SOLD

BRIDGELAND

265,000

• • • • • • • • •

65,000

CALGARY SOUTH

Gorgeous custom built classic home Huge corner walk-out lot & quiet street High end Italian gloss tiles Large kitchen with breakfast bar Imported blue pearl granite countertops Great room with 18ft ceilings & fireplace Main floor den & laundry room Bright bonus room with vaulted ceiling Master with valley views & 6-pc ensuite

HOT NEW LISTINGS

Super bright condo with in-floor heating Direct access to suite from spacious patio Spent over $25K of upgrades In-suite laundry & stainless steel appliances Granite counter tops with tile backsplash Maple cabinets & ceramic tile flooring Hunter Douglas custom window coverings Walking distance to D/T & close to all amenities Shows pride of ownership

Updated Every Hour! View addresses, days on market, mapping etc. www.mapleleafrealty.ca

Happy New Year!

Volume12 Issue13 | ResaleHome&CondoGuide •

hottopic

Thinking of buying an

Investment property? B Y WA Y n e K A R L

ecent mortgage rule changes from the federal government make it more challenging for people to buy investment properties, but if you have the cash and know what you’re doing, opportunities await. Buying an investment property is different than buying a primary residence, and it’s about more than down payment requirements. Rule number one when you’re setting out as an investor is to take a long-term view with an emphasis on generating positive cash flow. Your strategy should be to buy, hold and rent the property to generate income over and above your mortgage costs, while building equity over time. Achieving positive cash flow means renting out the property for more than the monthly costs. But once you include condo fees, taxes, insurance, property management fees, maintenance and advertising, the financial picture can look different. If you can generate positive cash flow, the benefits are three-fold: you

COVENTRY HILLS $437,000

THORNBURN - AIRDRIE $589,000

SHEEP RIVER - OKOTOKS $465,000

Excellent location! This lovely home is located on a large pie lot backing directly onto a private green space on a quiet kid friedly street. Open concept mainfloor includes: spacious front entry, living room/greatroom, gas fireplace, kitchen island with eating area and breakfast nook, patio doors leading onto two tiered rear deck. The 2nd floor includes: a light filled bonus room over the garage with vaulted ceilings and large windows, 2 spacious bedrooms and a master suite with a large ensuite bathroom and walk-in closet. Hurry, locations like this are very hard to find.

This home is simply amazing with extreme attention to detail. Some of the numerous upgrades in this home include beautiful ceramic tile floors, vaulted ceilings, ornamental niche’s, rod iron railing and a custom kitchen that is sure to please. In the Great Room a built in wall unit filled with shelves and cabinets surrounds one of two gas fireplaces in the home. The master bedroom is a peaceful retreat with a five pc. ensuite including jetted tub. you will love the convenience of the main floor laundry room with built in cabinetry and appreciate the office with lots of natural light. Downstairs the developed basement hosts a second bedroom, 4pc bathroom, and a storage/work room that could be developed into a 3rd bedroom.

Fabulous executive home custom built by Dreamwest Homes. Terrific location on Large 971 m2 pie lot in quiet cul-de-sac close to sheep river walking trails and easy access to Calgary. This is a “SMART” home with remote control access in almost every room - watch movies or listen to music throughout the house(drop down big screen and all components included). Stunning brazillian cherry hardwood in main floor greatroom, custom tile, spacious gourmet kitchen with breakfast bar and large kitchen breakfast nook.

DAVID SETTER REAL ESTATE TEAM

22 • ResaleHome&CondoGuide | Volume12 Issue13

(403) 243-1755

www.davidsetter.com

2.37 to de a rais a ful room porti

mes. close is a room down herry rmet

pocket the surplus; you build long-term equity while someone else pays down your mortgage; and when you go to sell, you gain from any value appreciation in the property. With the federal government’s changes to mortgage rules, as of April 19 buyers need a minimum 20-per-cent down payment for investment properties. On the plus side, you have to borrow less and your monthly payments are lower. For example, if you buy a condo for $200,000 and put down 20 per cent, or $40,000, your basic mortgage amount would be $160,000. At an annual interest rate of 5.25 per cent over a 30year amortization, your monthly mortgage payment is $878. As an investor/landlord, you will want to pay attention to vacancy rates, which Canada Mortgage and Housing Corp. (CMHC) summarizes, along with average rents, in its twiceannual rental market reports. An increasing rate means rental supply is growing and renters have more to choose from, and you, as a landlord, may have trouble renting out your property or increasing the rent. Declining vacancy rates are music to your ears, because that means supply is tightening and your property may be in higher demand. A vacancy rate between two and three per cent is generally considered a balanced market, meaning supply of rentals is appropriate for the demand. Anything below that level is ideal. Like real estate prices, rental markets vary between specific areas, or even streets. It’s necessary to do your

research to determine which areas have a tight supply. Look for areas with strong economic fundamentals: job growth, population influx, average income growth and increasing property purchase prices. Other influences in value appreciation are proximity to mass transit, shopping, schools and amenities. Ultimately, you want a property that appeals to potential owners, not just renters, because if you can’t sell it to someone else one day, you won’t be able to take advantage of any increase in value. How to set the “right” rent – high enough to yield positive cash flow, but not so high you price yourself out of the rental market for the area? First, find out what comparable units in the area rent for by checking sources where landlords advertise. You can also check provincial rent registry databases, along with CMHC’s rental market reports. Downtown properties might be your first choice as a location for an investment condo. The location no doubt appeals to a lot of renters, but it’s also where average prices are higher and therefore less affordable than out of the city core. This makes achieving positive cash flow more difficult, because you might not be able to rent out your unit for what you need to cover your mortgage and expenses. You might have better luck buying in some of the outlying areas, where, due to transportation improvements, tenants can live but work downtown and still have a reasonable commute.

SPRINGBANK HILL $1,299,000

SPRINGBANK HILL $2,299,000

2.37 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future. This subdivideable lot currently has a raised bungalow. This well maintained home has 3 bedrooms and a fully developed walkout lower level with family room, recreation room. Ideal home to live in while you build your dream home on a portion of this acreage. Please contact us for all of the details.

4.75 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future. This subdivide able lot currently has a large Bungalow with sunroom, fully developed basement, and an oversized detached double garage. This is 1 of 3 parcels located side by side. Call today for all of the details.

4.75 Acres of PRIME Development Land WITHIN CITY LIMITS, ready to develop now or in the future. This subdivide able lot currently has a large 2 Storey home with a walk out basement, triple garage, and 2 barns. This is 1 of 3 parcels located side by side. Call today for all of the details.

Because a Great Experience Begins with a Great Agent.

Volume12 Issue13 | ResaleHome&CondoGuide •

OO TT

RA IL

zone

DE E

Westwinds

Saddle Ridge

COMMUNITIES & MLS NUMBERS

Martindale

Calgary International Airport

Taradale

Castleridge Falconridge

McCall Ind. Park

Vista Heights Mayland Heights

Horizon Ind. Park

Whitehorn

Sunridge Ind. Park

Rundle

Coral Springs

Temple Monterey Park Pineridge

16 AVE. Franklin Ind. Park/ Meridian Ind. Park

Marlborough Park Marlborough Abbeydale

Forest Fonda Hts Penbrooke Albert Radisson Hts Applewood Park Forest Lawn Southview West Dover Dover Glen Valleyfield

Abbeydale............................................664 Albert Park...........................................730 Applewood ..........................................768 Calgary International Airport ............624 Castleridge ..........................................676 Castleridge Estates .............................678 Coral Springs ......................................688 Deerfoot/Skyline Ind Park ..................615 Dover ...................................................738 Dover Glen ..........................................736 Eastfi eld ..............................................748 Erin Woods ..........................................740 Falconridge ..........................................680 Fonda ...................................................726

Forest Heights .....................................762 Forest Lawn.........................................764 Franklin/Meridian Ind Park................630 Horizon Industrial Park ......................640 Marlborough .......................................660 Marlborough Park ...............................662 Martindale ...........................................682 Mayland Heights ................................600 Mayland Heights East ........................604 Mccall/Airways Ind Park ....................610 Monterey Park .....................................670 Parkridge Estates.................................671 Penbrooke............................................766 Pineridge .............................................668

24 â&#x20AC;˘ ResaleHome&CondoGuide | Volume12 Issue13

Dover Erin Woods Eastfield

Radisson Heights ................................728 Red Carpet/Mountview Mhp.............770 Rundle .................................................666 Saddle Ridge .......................................645 Southview............................................732 Valleyfi eld ...........................................744 Vista Heights .......................................605 West Dover ..........................................734 Whitehorn ...........................................672 Stoney Industrial.................................625 Sunridge Industrial Park ....................635 Taradale ...............................................684 Temple .................................................674

CALL

403-278-6041 NOW cranston $363,000 location! Location! Location! ✓ 3 Bedroom, 3 Bath 2 Storey ✓ Hardwood floors ✓ Across from Park and Playground area ✓ Fireplace opens to both Dining and Great Rooms Call Ron 403.278.6041

DEER RUN $369,900 UNIQUE BI-LEVEL IN QUIET CIRCLE ✓ 3 Bath 3 Bedroom ✓ Newer SS appliances ✓ Excellent layout ✓ Extra Large third bedroom down ✓ Central Air Conditioning Call Ron 403.278.6041

www.RonClappison.com

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Ron Clappison Realtor

RE/MAX House of Real Estate Independently Owned and Operated. 4565287_20

Foreclosures: VIEW HOMES Free list of Distress Sales

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SAVE THOUSANDS IN REAL ESTATE FEES LISTING FEE AS LOW AS… DORY CAMERON

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How it works: I list your home on MLS® for only $995. The buyer’s real estate agent is then offered a commission, typically 3.5% of the first $100,000 + 1.5% of the balance. So if your home sells for $350,000 you save over $6,000 in real estate fees! If your home sells for $450,000, you save $8,000 and you save $10,000 if your home sells for $650,000! Compare this to a “7% + 3%” commission - you literally save thousands of dollars! All fees are paid from sale proceeds of your home - no fees up-front! Then, let me find your next perfect home! Selling only? My fee is 1% so you literally still save thousands $$$! Call today for details – as almost all homeowners will qualify to save, there may be a few conditions that could apply in your situation. This flyer is not intended to solicit listings currently listed with other realtors. Fees subject to GST.

PANORAMIC RIVER VALLEY VIEWS! - $829,900

PANORAMA HILLS $544,900

STUNNING EXECUTIVE BUNGALOW! • Gorgeous south pie lot backing onto green space

• Hardwood, granite, gas stove • Lovely pie lot.

MARLBOROUGH $314,900

SOLD BEAUTIFULLY RENOVATED • 232 Silver Crest Drive NW • Completely renovated 4-level split

• Designer features • Granite counters • Tin ceilings, olive wood hardwood flooring

• Copper apron sink • Slate floors.

• Spacious & bright bungalow • New kitchen & Baths • All new qualify flooring

• Neutral tones – mint • Condition – move in today!

CRANSTON $419,900

SILVER SPRINGS $399,900

CEDARBRAE STARTER $329,900

SOLD

MINT CONDITION

BUNGALOW WITH TWO GARAGES!

AMAZING VALUE

• Gorgeous coffee-toned hardwood • Stainless steel appliances

• Dark walnut-finish cabinetry • Huge sunny west back yard!

• Gorgeous woodburning brick fireplace. • 3 + 1 bdrms, 2 ½ baths

• Double attached garage & double detached garage • Quick walk to LRT & Crowfoot shopping!

• Hardwood & stainless • 1,162 sq ft 3 level split • 24 x 24 double detached garage

• 3 bedrooms 2 baths • Updated white kitchen • Fully finished basement

Gord Fowler

Melissa Fowler

VERY PRIVATE AND QUIET 8 ACRE LOT!

$1,495,000

BEARSPAW

Rarely is there ever a property for sale in this part of Bearspaw! Situated on a very private and quiet 8 acres with huge potential for subdevision or expantion. This home features reclaimed hardwood floors throughout with attention to detail that is exquisite! Who would have thought it would be possible to leave the city, drive only 10 minuates, and arrive at such serine luxury! If you have been looking to move out of the city, or for a possible upgade this home is a must see! It is truly uniqe, rare and must been seen!!

BEST RIVER FACING LOT LOCATION IN PARKDALE $699,000 PARKDALE Are you looking to DOUBLE YOUR INVESTMENT in 10 years? RIVER FRONT VIEW and pathways right out your front door!!!!! Directly facing a quiet park and located on the most serine, quite street Parkdale has to offer. It will never be an option to build in front of this home! This extremely RARE FIND is LOCATED DIRECTLY in the “Golden Triangle” on the RARE RIVER SIDE of Memorial. Walking distance to the famous Lazy Loaf, River Side Club, Foothills Hospital and cycling/Walking distance to Downtown!!! This home is a must see and a absolute one of a kind location! If location is on your wish list for your growing family or your next big investment, you have found a hidden gem with huge investment potential!! Call me for a private viewing before its SOLD!!

SOLD SOLD SOLD in JUST 1 DAY !

STUNNING BACK YARD! $539,000

Sienna Hills

Recreation Facilities Close proximity to downtown and new C-Train

in JUST 4 DAYS ! LAKE VIEW & ACCESS

$998,000

Arbour Lake

Bright and Open Bunglow

in JUST 1 DAY !

ENDLESS LUXURIES!

$1,790,000

Bearspaw

Panoramic Mountain Views

IN FLOOR HEATING $469,000

Okotoks

Walkout Class with Elegance!

Gord Fowler

Melissa Fowler

TOP REALTOR GORD FOWLER BACK IN CALGARY FOR IMMEDIATE RELEASE - Calgary, AB- RealtorÂŽ Gord Fowler announces plans for a long awaited homecoming to the Calgary Real Estate market within the upcoming weeks. Joining Fowler in this endeavor will be his daughter, Melissa, a 12 year veteran of the business. The two will be operating under the name Fowler Team at the RE/MAX IREALTY Innovations brokerage. Both are eager to return their expertise to their clients in the Calgary market, and anticipate a successful endeavor with RE/MAX IREALTY Innovations. An unprecedented concept in the market, RE/MAX IREALTY Innovations is truly changing the face of real estate. As the market is constantly evolving, so are the clients. Gord Fowler and RE/MAX IREALTY Innovations believe they are enabling such changes to bring clients a real estate experience like no other. The focus will now be primarily on paperless, online transactions and social media marketing, therefore offering a greener approach to real estate. The Calgary market is no new undertaking for Fowler. Prior to joining forces with wife Lisa Salt to create the Salt Fowler Real Estate Team in Vernon BC, he maintained an extremely successful 17 year real estate practice in Calgary. Fowler attributes his unassailable achievements in the industry to his competitive spirit and unmatched drive, a personal quality that has enabled success both in real estate and on the sports field, whether it be hockey, golf, or competitive clay target shooting. Along with over a generationâ&#x20AC;&#x2122;s worth of experience, Melissa brings a powerful sales background to the table, as well as her unparalleled personal dedication to clientele. The combinations of strengths that both generations of Fowlers have to offer will undoubtedly bring a thrilling and innovating change to the Calgary Real Estate Market. For more information, please contact the Fowler Team at RE/MAX IREALTY Innovations at 403-266-9225.

Gord Fowler

Melissa Fowler

VERY PRIVATE AND QUIET 8 ACRE LOT!

BEARSPAW

$1,495,000

Rarely is there ever a property for sale in this part of Bearspaw! Situated on a very private and quiet 8 acres with huge potential for subdivision or expansion. This home features reclaimed hardwood floors throughout with attention to detail that is exquisite! Who would have thought it would be possible to leave the city, drive only 10 minutes, and arrive at such serine luxury! If you have been looking to move out of the city, or for a possible upgrade this home is a must see! It is truly unique, rare and must been seen!!

VERY PRIVATE AND QUIET 8 ACRE LOT!

BEARSPAW

$1,495,000

VERY PRIVATE AND QUIET 8 ACRE LOT!

BEARSPAW

$1,495,000

VERY PRIVATE AND QUIET 8 ACRE LOT!

BEARSPAW

$1,495,000

Your Home

SOLD in 90 days or WE BUY IT* 403-287-4888 GREAT OPPORTUNITY!

EXCEPTIONAL VALUE!

CLOSE TO AMENITIES!

GREAT FAMILY HOME!

$174,900 or $8,745 down OAC*

$280,000 or $14,000 down OAC*

$319,900 or $15,995 down OAC*

$334,900 or $16,745 down OAC*

$429,900 or $21,495 down OAC*

CHAMPION

Great lot backing onto the docks, huge property, build your own summer resort, fully serviced, Little Bow is the only development on the Lake. MLS#C3485086 Visit www.calgaryhomesearch.com

RURAL ROCKYVIEW COUNTY

SACRAMENTO

MCKENZIE LAKE

COVENTRY HILLS

Surrounded by nature yet close to all ameNew kitchen, laminate floors, and new paint. Large Well appointed 4 level split. Spacious foyer and large great Extensive upgrades in a/c home in great condinities. 10 minutes west of Calgary. Close to family room with wood burning f/p. 2pc bath. Upstairs room overlooking the nook/dining area. Upgrades include tion. Gourmet white kitch w/ lg island, s/s appl golf and shopping. Minutes to Bragg Creek. has large master, 2 bedrooms and oversized renovated new flooring, paint, stainless steel appliances and new & w/thru pantry. 2nd floor master bdrm w/ 5 pc carpet. Third level walkout is perfect for extra family/media ensuite 7 w/in closet. Bsmt developed w/ huge Build your dream home! 4pc bath complete with soaker tub & shower with room, complete with 2pc bath/laundry room. theatre room. Fully fenced bkyrd w/ deck. body sprays and waterfall. Large backyard with patio! MLS#C3487025 MLS#C3546767 MLS#C3546624 MLS#C3541854 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

CUSTOM BUILT!

GREAT LOCATION!

READY TO MOVE IN!

EXCEPTION VALUE!

EXCEPTIONAL VALUE!

$479,900 or $23,995 down OAC*

$489,900 or $24,495 down OAC*

$491,000 or $24,550 down OAC*

Trade Up $499,900

EVANSTON

TUXEDO

INGLEWOOD

LANGDON

Executive custom built 2 stry with almost Brand new 2 storey Landmark showhome. Very bright and open plan. Formal living & Brand new executive apartment condo build by Statesfinished basement. Triple car garage. Backs onto W/o basement, dble attached garage. 3 bdrm, dining rm w/ dbl sided fp, kitchen w/ eating man at Riverside Quays in Inglewood. SW facing Boulder Creek Golf Course. 3 bdrms, bonus rm flex rm, bonus, rm, and 3 baths. Patio with bar, lrg eating area, large master w/3pc ensuite corner unit on 4th flr with panoramic views. $3000 & 3 baths. Open lg eating area & great rm with o/s deck. Spacious master w/5pc ensuite and & deck w/ views of the city, large family room. media package incl. Insuite laundry, 1 u/g heated, gas fireplace. 16km from Calgary to Langdon. huge walk-in closet. Quiet location. Double attached garage. Lots of potential!. titled parking stall & adjoining storage locker. MLS#C3543572 MLS#C3514944 MLS#C3542713 MLS#C3538589 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

SUNSET RIDGE

Brand new Landmark home w/ 3 bdrm, 3 baths, & flex rm. Bright & open plan. Hardwood thru out. Spacious master bedroom w/ 5pc ensuite w/ soaker tub, separate shower & w/in closet. Bsmt ready for development. Double attached garage. MLS#C3543291 Visit www.calgaryhomesearch.com

Sh vec gla m

La ma gr an

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Timing - When is the Best Time to Sell

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EXCEPTIONAL VALUE!

CUSTOM BUILT BUNGALOW!

UNIQUE STYLE HOME!

EXCELLENT FAMILY HOME!

ENERGY EFFICIENT HOME!

Trade Up $514,900

Trade Up $529,900

Trade Up $548,888

Trade Up $549,900

Trade Up $565,900

SUNSET RIDGE

CHESTERMERE

WEST HILLHURST

EDGEMONT

CRANSTON

Brand new Solex 2 Craftsman Landmark Home Backs onto green space & walkway. Total 4 bdrms & 3 w/ 3 bdrms, 3 bath & flex room. Bright & open baths. New carpet & recently painted thru/out. Vaulted plan. Hardwood flrs thru out. Spacious master ceilings on main flr w/ skylights. Formal dining rm w/ bdrm w/ 4pc ensuite & w/in closet. Bsmt ready built in speaker system through out house. Fully developed bsmt w/ 9ft ceilings. Dbl garage & workshop. for development. Double attached garage.

Stunning unique style home with open concept. 3 bdrm & 3 baths. Hdwd floors leading to living/dining rm. Gourmet kitchen w/ granite countertops. French doors to patio. Master w/ w/in closet & 3 pc ensuite. Prof dev bsmt. Cedar wine rm. Rear patio. Double attached garage.

2 storey split a/c home in showhome conditions. Brand new Landmark Nexus 2 Net Zero home. Net Zero homes Home includes 3 bdrm, 3 baths and main floor are exceptionally efficient & make their own energy using solar den. Vaulted ceilings. Professionally developed panels. 3 bdrm, 3 baths, bonus rm, & flex rm. Double attached basement. Spectacular landscaped back yard with garage. Hdwd thru out. Gourmet kitch w/ centre island. Built deck. Newer roof. Double attached garage. Green! 10 yr AB New Home Warranty & 2 yr builder warranty.

MLS# C3543386 Visit www.calgaryhomesearch.com

MLS#C3546757 Visit www.calgaryhomesearch.com

MLS# C3544436 Visit www.calgaryhomesearch.com

MLS#C3545302 Visit www.calgaryhomesearch.com

MLS# C3543842 Visit www.calgaryhomesearch.com

NEWLY RENOVATED!

ENERGY EFFICIENT HOME!

CLOSE TO AMENITIES!

EXCELLENT FAMILY HOME!

QUIET LOCATION!

Trade Up $575,000

Trade Up $589,900

Trade Up $589,000

Trade Up $609,000

WOODBINE

CRANSTON

Renovated home in showhome condition w/many upgrades. Lg tile entry, Brand new Landmark Maxim 2 Net Zero home. Excepvaulted ceilings. Completely redone kitchen w/granite countertops & s/s tionally efficient & make energy using solar panels. 3 appl. Copper hood fan, lg island open to great rm with gas f/p & Brazilian bdrm, 3 baths, bonus rm, & flex rm. Double attached h/w flrs. Lg master w/5pc ensuite, heated floors & his/hers closets. garage. Hdwd thru out. Gourmet kitchen w/centre island. Developed basement with f/p. Landscaped yard w/hot tub and dog run. 10 yr AB New Home Warranty & 2 yr builder warranty. MLS# C3545052 MLS# C3543845 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

RAMSAY

Loft style attached home in great inner city location. Close to all amenities!

MLS# C3546717 Visit www.calgaryhomesearch.com

WESTGATE

Renovated 4 level split w/over 1800 sq ft of living space. Huge gourmet kitchen w/ tons of cabinets, lg granite countertops & s/s appl. Oversized heated double garage. MLS# C3541116 Visit www.calgaryhomesearch.com

SPRINGBANK HILL

Extensively updated 2 storey w/bonus room & fully developed w/o basement in showhome condition. Fronts on to park. Very bright & open plan. Recently painted throughout. Newer garage door. Landscaped backyard w/patio. MLS# C3542367 Visit www.calgaryhomesearch.com

W Pr b fee

E 19 Br rm &

dipl pc ge

w/ mt e.

CLOSE TO AMENITIES!

EXCELLENT FAMILY HOME!

MUST SEE HOME!

BUILT GREEN!

CUSTOM FAMILY HOME!

Trade Up $619,000

Trade Up $625,000

Trade Up $719,900

Trade Up $729,900

ALTADORE

CRANSTON

CORAL SPRINGS

Trade Up $739,900

CRANSTON

ASPEN WOODS

SHOWHOME CONDITION!

GREAT FAMILY HOME!

EXCEPTIONAL VALUE!

COUNTRY CHARM!

QUIET LOCATION!

Trade Up $774,900

Trade Up $799,900

Trade Up $859,000

Trade Up $864,900

Showhome condition. Gourmet kitchen with s/s appl, con- Brand new Landmark Fairfax 2 Net Zero home. Exceptionally vection oven w/warming drawer. Gas f/p in great rm, sliding efficient & make their own energy using solar panels. 3 glass drs open to private fenced yard. Vaulted ceilings in lg bdrm, 3 baths, bonus rm, and flex rm. Double attached master with 5pc ensuite. Fully finished basement. Home is garage. Hrwd thru out. Gourmet kitchen w.centre island. Built a/c with new h/e furnace, tankless instant hot water. Green! 10 yr AB New Home Warranty & 2yr builder warranty. MLS# C3545059 MLS# C3543852 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

TUSCANY

CRANSTON

Custom built 2 storey split. Backs onto lake. 5 bdrms, 4 baths & den. Cathedral ceilings. Bright, sunny kitchen w/centre island. Prof dev w/o bsmt w/family rm, 2 bdrms, summer kitchen & 4pc bath ideal for mother-in-law suite. Deck w/view of lake. MLS# C3540598 Visit www.calgaryhomesearch.com

RURAL FOOTHILLS

Custom built Morrison home with .22 acre lot. Open Brand new 2 storey Landmark Home with 3 concept floor plan w/huge gourmet kitchen and upgraded bedrooms & 3 bath, plus bonus room with vaulted ceilings. Very bright and open plan with appliances and Subzero fridge, convection oven and granhardwood thru out main floor. Master includes 5 ite sink. Massive master with spacious eating nook open to large deck & lg backyard. Oversized double garage. pc spa in ensuite with huge walk-in closet. MLS# C3542197 MLS# C3536865 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

Trade Up $879,900

LYNX RIDGE

GLENDALE MEADOWS

Landmark custom built bungalow with 3 bedrooms, Brand new 2 storey Landmark home. 3 bedrooms, 3 baths Executive custom built home w/3 car garage on 3.18 Executive custom built bungalow w/developed bsmt Renoed 1900 sq ft bungalow with w/o basement. Gourmet main floor den, and 3 baths. Gourmet kitchen, huge plus bonus room. Gourmet maple kitchen with granite acres. Cozy formal living room with f/p, gourmet & triple attached garage backing on to the 11trh hole kitchen w/eating bar & s/s appl. Lg great rm with gas f/p, dining granite island with sink, stainless steel appliances countertops and stainless steel appliances. Master includes kitchen with centre island, patio to large exposed at Lynx Ridge Golf Course. Mountain views. Rare area, & double French doors leading to deck. Ceramic tile & h/w and gas stove. Fully developed lower level with gas 5 pc ensuite spa and huge walk-in closet. Unfinished base- concrete balcony, and large master with 5pc ensuite 3rd bedroom on the mail floor plus main flr den. thru out main area. Lg master w/4 pc ensuite, jetted tub, shower, fireplace. Close to school and amenities. ment with 9 foot ceilings. Double attached garage. w/soaker tub. Horse fence & automatic horse waterer. Partially developed bsmt w/family& media rm. City skylight & w/in closet. Workout area w/wet bar & sunroom MLS# C3538161 MLS# C3542017 MLS# C3541441 MLS# C3543962 MLS# C3546543 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

Receive Instant Access to MLS “The BIGGEST mistake Homeowners make when interviewing an Agent” and “What are your top 5 selection criteria” go on-line at www.calgaryhomesearch.com for your free report MINS FROM GOLF COURSE!

GREAT FAMILY HOME!

MOUNTAIN VIEWS!

EXCEPTIONAL VALUE!

EXTENSIVE UPGRADES!

Trade Up $899,900

Trade Up $999,900

Trade Up $1,050,000

Trade Up $1,098,945

Trade Up $1,119,000

Well kept custom property in Priddis on 4 acr. of private land! Close to Priddis Golf Course, 4500+ sq ft lvng area. Brightly lit, exposed cedar beams & 3 lvl deck . Sunken living rm, wood f/p. Open kitchen w/isl feeds into family room. Master is on own flr with w/i closet & 6 pc skylit ensuite. W/o bsmt, wind celler, workshop, & 3pc bath with sauna MLS# C3533659 Visit www.calgaryhomesearch.com

Brand new Amara showhome! 3 bdrms, den, bonus rm & 3 baths. Grand foyer w/marble flrs. Stunning dining rm w/incredible chandelier & 2 sided fp. mud rm w/built-ins. Extensive counter & cabinet space in dream kitchen. High end appl with gas stove & wine fridge. Leather flrs on main flr. Triple attached garage New home warranty. MLS# C3542008 Visit www.calgaryhomesearch.com

QUIET LOCATION!

CUSTOM FAMILY HOME!

MOUNTAIN VIEWS!

CUSTOM BUILT!

CUSTOM PRIVATE PROPERTY!

Trade Up $1,195,000

Trade Up $1,369,900

Trade Up $1,495,000

Trade Up $1,499,900

Excellent value w/lots of potential. 2 storey home renovated in 1980 by Jeremy Sturgess, kitchen & baths renoed in mid 90’s. Bright & open plan, French doors leading to balcony off of lvng rm & dng rm. and also to covered patio. Lg master w/4 pc ensuite & French doors lead to another balcony. Single attached garage. MLS# C3539401 Visit www.calgaryhomesearch.com

Custom built bungalow on 2.03 acres, fully dev w/o with triple att garage & sep entrance. 2 bdrms, main flr den with Murphy bed, & 3 baths. Formal dining rm & gourmet maple kitchen w/high end appl. Lg eating area & great rm with 14’ ceilings & wood burning fp. Lg master w/5pc ensuite & w/i closet. Radiant inflr heating in bsmt. MLS# C3542846 Visit www.calgaryhomesearch.com

mes olar hed ilt ty.

RURAL FOOTHILLS

CRANSTON

COCHRANE

ASPEN WOODS

THE SLOPES

Custom built bungalow with w/o bsmt located in Glenealges Estates. Executive a/c 2 storey home w/fully dev bsmt & trpl att garage. 5 Custom built 2 storey home w/reverse w/o bsmt & 4 car att. garage. Panoramic mountain views, full length windows overlook golf course. bdrms, den & 4 baths. Maple h/w flrs. Gourmet maple kitchen w/ 5 bd, 5 baths, u/g & built-ins thru out. H/w on both levels. Gourmet 3 bdrms, den, sun rm, & 3 baths. Gourmet maple kitchen, granite & isl, brkfst eating bar, granite & s/s appl. Great rm has built-ins, fp & maple kitchen w/eating bar, granite, s/s appl w/Butler pantry open s/s appliances. Lg master w/5 pc ensuite, jetted tub, & huge w/i closet. 2storey cathedral ceilings. Master w/5 pc ensuite w/ huge w/i closet. to wet bar & fam rm w.dble side gas fp. 2 masters on main flr. Huge loft upstairs, bsmt ready for dev’t w/rough in for radiant inflr heat. Spiral staircase leads to bsmt fmly rm w/gas fp. Triple attached garage. Radiant iflr heat in fam rm, rec & games rm, bdrm & 4pc bath. MLS# C3542221 MLS# C3541027 MLS# C3542702 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

& e

MOUNT ROYAL

CHURCH RANCHES

SPRINGBANK HILL

CHURCH RANCHES

ASPEN WOODS

Brand new custom bungalow w/4 car att garage. Courtyard entrance. 2 storey, w/o bsmt & triple att garage on 2.85 secluded acres. 3 Custom 2 storey w/fully dev’d w/o bsmt. 6 bdrms, den & 5 4 bdrms, loft & 5 baths. U/g incl elevator, gourmet maple kitchen, bdrms, loft & 4 baths. Gourmet Alder & Maple kitchen cabinets w/ baths. U/g thru out & vaulted ceilings. Gourmet maple kitchen granite ctps and s/s appl. Lg master w/5pc ensuite, o/s shower, & slate backsplash and rare ONYX, s/s appl. Tin tile in kitch/dining w/cntr isl, designer b/s & s/s appl. Staircase open to view fam w/i closet. Patio w/outside fp & mountain views. Radiant inflr heating rm, w/i pantry. Cathedral ceilings & 3 sided fp in great rm. Lg rm & foyer. Balcony off lg master w/ensuite, steam shwr & w/i thru out bsmt. 1 yr builders warranty & 5 yr National warranty master w/6 pc ensuite, huge w/i closet. Landscaped yard w/hot tub. closet. Landscaped yard, 2nd flr deck & trple att garage. MLS# C3539686 MLS# C3538789 MLS# C3540624 Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com Visit www.calgaryhomesearch.com

View Interior Photos at

www.calgaryhomesearch.com

*Guaranteed offered by RE/MAX Lent. T. Wong & Associates Real Estate - pricing restrictions apply.

David Crick 403.230.2121

david@houseandcastle.com www.houseandcastle.com

Montgomery $419,000 This 2 storey 2+1 bedrooms is a top quality built home by Aikam Homes. 4 Plex condo only 2 left for March possession, which allows you plenty of time to still add your personal touches and make this your home. The large master bedroom has a 6 piece ensuite and the second bedroom has a 4 piece ensuite. Each unit has a single detached garage. There is a $4,000 appliance pkg included in the sale price.

Bowness $379,000

Capitol Hill $995,000

Renfrew $745,000

2 storey fully developed 4 plex, 2+1 bedroom, master bedroom has 6 piece ensuite and the 2nd bathroom has a 4 piece ensuite. Each unit has a single detached garage. there is a $4000 appliance pkg included in the sale price. June possession.

Great investment! Rent out main level as 2 separate units, 1 is a 1800 sq. ft 2 storey & a 1250 sq. ft. bungalow. Lower level w/10 bachelor suites. Currently renting for $8500 per month. 4 separate furnaces & 4 hot water tanks. Newer hot water tanks & roof.

This fine quality built home has plenty of extras including 10ft ceilings. Central A/C, huge master ensuite, featuring heated flooring, 6ft jetted tub, lrg separate shower. Fully finished bsmt, south backyard. Move in 2 weeks.

Renfrew $739,000

Montgomery $619,000

Victoria Park $329,000

1940 sq ft, Top quality Aikam built home. 2 storey fully finished, double detached garage, excellent view, lots of bells and whistles, April possession.

Located in The Keynote Towers, close to all the amenities this fabulous 1 bedroom condo is located on the 10th floor. Itâ&#x20AC;&#x2122;s been totally renovated and features floor to ceiling windows that have a wonderful south exposure allowing for plenty of natural lighting. You will also enjoy the underground parking.

New single family infill with fully finished basement central air huge master ensuite. 9â&#x20AC;&#x2122; ceillings and lots of upgrades every where. Still time to pick your colors but please do it soon.

This Febr dorm upgr tub

Prem A/C, and b

Mint baths floor. back finish bedro

2+1 top e by Plex t for sion, you still onal this arge has and oom uite. ngle age. ,000 uded

uding uring Fully

s this or. It’s dows nty of king.

403.230.2121

david@houseandcastle.com www.houseandcastle.com

Tuxedo $729,000

Capital Hill $739,000

This 2,000 sq ft, 2 storey with fully developed basement will be ready for February possession. Featuring wonderful in floor heating, central air, dormers vaulted ceilings upstairs and an open staircase. Tons of built-ns and upgrades including granite countertops throughout. The ensuite has a 6’jetted tub and separate shower. $7,000 appliance pkg is included in sale price.

This 1,900 sq ft, 2 Storey with fully developed basement will be ready for February possession. Featuring in floor heating, central air, dormers, vaulted ceilings upstairs, and an open staircase. Granite countertops throughout the home. The fully developed basement also includes a wet bar. The ensuite has a 6’ jetted tub and a separate shower. There is a $7,000 appliance pkg included in the sale price.

Altadore $979,000

Crocus Ridge Estates $875,000

Premium built home, built by Aikam, fully finished, with all the bells and whistles. Including A/C, in floor heating, open stair risers, sculptured ceilings. Huge ensuite with steam shower and body wash jets. possession is in February.

Wonderful acreage living just minutes from the city. Over 4,000 ft of developed living space. 6 bedrooms, 2 ensuites, + another 2.5 bathrooms. The basement is fully developed and includes a rec-room and a den, all with heated floors. This truly is a fully loaded home.

Acadia $425,000

Mint clean home with new kitchen and appliances. 2.5 baths in new condition. Hardwood throughout the main floor. Awesome landscaping comes with a $15,000 cash back to build double garage when weather permits. Fully finished basement with games room, rec room and a 4th bedroom.

Renfrew $729,000

Blackfoot Mobile Park $45,000

Wonderfully crafted home with 9ft vaulted ceilings. Central A/C, huge master ensuite, featuring heated flooring, 6ft jetted tub, lrg separate shower. Fully finished bsmt, south backyard. Move in 2 weeks.

Adult living mobile park. No pets unless board approved. Fast and easy access to shopping and bus transportation. With more than 1000 sq ft of living space this home features and open floor plan. kitchen equipped with oak cabinets and a breakfast nook. This is a 2 bedroom unit with a bedroom on either end. Both have a 4-piece bath. Monthly lease rate is $800.00 and includes water, sewer and garbage.

featurerealtor

Don Lothian Debbie Rice Longtime Realtor forms new RE/MAX team B Y H E AT H E R R YA N

or more than 25 years, Calgary Realtor Don Lothian has used his experience, knowledge and skills to help his clients realize their real estate goals. Now the real estate agent with RE/MAX Landan Real Estate is offering his clients an even greater advantage by teaming up with Debbie Rice, his former assistant who obtained her real estate licence in May. Debbie moved to Alberta 18 years ago from Saskatchewan and first worked in the financial field before moving into new home sales, which is where she met Don. “He did all of the real estate for the home builder,” Debbie says, and they built such a good rapport that 10 years ago she decided to leave new home sales and went to work as Don’s assistant part-time. “I really wanted to work with Don because of his caring nature. He adopted two special needs girls and that says a lot about the kind of person he is.” Working part-time also gave Debbie the opportunity to both learn more about the industry and be there for her two kids. “But my children are older now so I felt the time was right to get my real estate licence,” she says. “Don and I have had a great working relationship for many years and this just takes it a step further,” Debbie says. “As a team we do the presentations together and it’s great to have a mentor who has been working in the industry so long and has so much knowledge and experience to share. Don says he’s excited to be working as a team. “It’s really rejuvenated me; it gives me more flexibility to spend time with my family because they’re two of us so we can cover for each other.” It’s also beneficial to clients because they get “two Realtors for the price of one,” Don says, “When they contact our team they get two Realtors working for them.” What Debbie enjoys about working in real estate is interacting with people. “I helped Don set up all the open houses and did marketing and I really enjoyed it. I can still do that now, but I can also complete the sale and I love building relationships with clients, showing houses and seeing their smiles when they find the one that suits them.”

Don has a proven track record of success to offer his clients. He has been with RE/MAX since 1995 and was inducted into the RE/MAX Hall of Fame in less than four years and is the recipient of the prestigious RE/MAX Lifetime Achievement Award. “It’s always satisfying to be successful and earn the recognition of your peers because that means you’re doing a good job and recognizes that I’ve maintained consistency among the top groups in the industry,” Don says. “But I also get tremendous satisfaction of doing a good job negotiating for my clients and that’s what it’s all about.” Don is consistently a top producer because his clients have complete trust in the knowledge and expertise he has accumulated over the years. He feels that quick turnaround times of on site information and consistent communication with the client are essential parts of the process. The Lothian Rice team uses today’s technology and social media to provide helpful information and help stay in touch with clients and keep them informed about their listings and what’s happening in the marketplace. “Knowledge and personalized service is what we offer perspective clients,” Don says. Both Don and Debbie are also firm believers in giving back to the community. Don’s daughters, Dini, 15, and Caitlin, 13, are actually the reason behind the team’s main charity – the National Service Dog program. The family was selected for a specially trained NSD dog seven years ago and the dog, Griffin, continues to assist the girls today. The Realtors also give back to the local community, donating to numerous charities and groups, and support the Children’s Miracle Network through RE/MAX. “We also deliver 10,000 calendars every year and hire students who are building homes in Third World countries,” Debbie says. “The group we hired this year is building three homes in the Dominican Republic.” To list your property with the Lothian Rice team at RE/MAX Landan Real Estate, contact Don or Debbie at 403-256-3888, visit calgaryrealestate.org, or e-mail lothianricerealestate@gmail.com.

Don Deb

Gary Williams M at t

Call NoW For a Free eValUatIoN oF yoUr CalGary ProPerty 403

259.4141

• Stunning Executive Family Home Offering 5 Bdrms, 7 Bathrms (4 Ensuites) & 4,445 Sq Ft on a 15,134 Sq Ft Treed & Landscaped Lot.

• Substantial To The Studs Renovation In 2001 Included An Addition, Kitchen & Bathrms, Newer Plumbing, Electrical, Shingles & Central AC.

GhoSt rIVer $375,000

BraeSIDe & CaNyoN MeaDoWS

• River Frontage & Mountain Views! • Build Your Dream Home On This Stunning 10 Acre Parcel Of Land. • $60,000 Spent In Property Enhancements.

403-270-7601 rayriley@shaw.ca

Ray Riley

Call me today to arrange a private viewing.

Kelvingrove $249,900

• 1120 sq ft • 2 Bedrooms • 1½ Bathrooms • Elevator

• Excellent Starter Homes Or Investment Properties. • Multiple Units Available In 2 Well Managed Complexes. • Fully Renovated 2 & 3 Bedroom Turnkey Properties.

• Walking distance to Chinook Centre • 20 to Downtown

CalGaryProPertyForSale.Ca

MayFaIr $1,795,000

www.RayRiley.com

Oakridge Estates - $790,000

• Renovated (Subzero & Viking) • 2430 sq ft

• 3+1 Bedrooms • 3½ Bathrooms • Triple Attached Garage

Volume12 Issue13 | ResaleHome&CondoGuide •

homebuyers’help

The homebuyer’s checklisT Buying a Home | the first steps

selling a Home | the first steps

☐ arrange for a mortgage ☐ select a home inspector ☐ select a real estate agent ☐ select a lawyer

☐ select a lawyer ☐ select an agent – contract – negotiate commission ☐ assess the market value of your home ☐ renovate to increase the value of your home

after buying: ☐ home insurance ☐ warranties

staging for prospective buyers: ☐ clean (walls, doors, baseboards) ☐ store personal items ☐ clear clutter ☐ front yard – clean, no debris ☐ paint if needed ☐ kitchen ☐ bathroom

take-along quick reference key players agent’s name: phone number: email:

property: list price: property taxes/year:

broker’s name: phone number: email:

neighbourhood closest main intersection:

lawyer’s name: phone number: email:

elementary schools: high schools: hospitals: clinics:

inspector’s name: phone number: email:

shopping (supermarkets/malls):

reno expert’s name (1): phone number: email:

public transportation:

reno expert’s name (2): phone number: email:

distance from work/school: occupancy: heating:

nice to have:

condo amenities:

deal breakers: 34 • ResaleHome&CondoGuide | Volume12 Issue13

banks:

closest highway:

maintenance fees:

CALCULATE YOUR MORTGAGE PAYMENTS MORTGAGE PAYMENT CALCULATION CHART

CALCULATE YOUR MORTGAGE PAYMENTS MONTHLY PRE-TAX INCOME

DIVIDE BY 3

CHART FIGURE

AMORTIZATION AMOUNT

SPOUSE’S PRE-TAX INCOME

AFFORDABLE MONTHLY PAYMENTS

AMOUNT OF MORTGAGE DIVIDED BY 1,000

ESTIMATED MONTHLY TAXES & HEAT

TOTAL PRE-TAX INCOME

AMOUNT OF MORTGAGE (PRICE – DOWN PAYMENT)

AMORTIZATION AMOUNT

MONTHLY PAYMENTS

AMORTIZATION PERIODS

INTEREST RATES %

5 YRS

10 YRS

15 YRS

20 YRS

25 YRS

5.00%

18.84

10.58

7.88

6.57

5.81

5.25%

18.96

10.70

8.00

6.70

5.95

5.50%

19.07

10.82

8.13

6.84

6.10

5.75%

19.18

10.94

8.26

6.98

6.25

6.00%

19.29

11.06

8.39

7.12

6.39

6.25%

19.41

11.18

8.53

7.26

6.54

6.50%

19.52

11.31

8.66

7.40

6.69

6.75%

19.63

11.43

8.79

7.54

6.85

7.00%

19.75

11.55

8.93

7.69

7.00

7.25%

19.86

11.68

9.06

7.83

7.15

7.50%

19.98

11.81

9.20

7.98

7.31

7.75%

20.09

11.93

9.34

8.13

7.47

8.00%

20.21

12.06

9.48

8.28

7.63

8.25%

20.32

12.19

9.62

8.43

7.79

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

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

Multiply this figure by the amount you need to borrow. Divide by

1,000.

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

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

Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

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

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home. Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

Volume12 Issue13 | ResaleHome&CondoGuide •

MORTGAGE INTEREST RATES VARIABLE

6 month

1 year

2 years

3 years

4 years

5 years

4.650

3.040

3.200

3.240

3.340

3.490

ATB Financial

3.000

4.000

3.100

3.140

3.700

4.390

3.690

Bank of Montreal

3.100

4.000

3.100

3.140

3.700

4.640

5.240

Bank of Nova Scotia

3.100

4.550

3.650

3.890

3.990

4.390

4.990

BMO

3.100

4.000

3.100

3.140

3.700

4.640

5.240

3.240

3.390

3.250

3.570

3.250

CIBC Mortgages

3.200

4.450

3.100

3.290

3.700

4.390

5.240

Canadian Western Bank

3.200

4.000

3.100

3.140

3.700

4.640

5.240

Canadian Western Trust

3.200

4.000

3.100

3.140

3.700

4.640

5.240

Equitable Trust

3.100

3.140

3.700

4.640

5.240

First Calgary Financial

4.000

2.390

3.140

2.990

3.290

First National Financial

3.000

3.950

2.740

2.690

2.890

3.150

3.190

HSBC Bank Canada

3.100

4.450

3.600

3.950

4.450

4.990

5.240

2.990

3.190

ICICI Bank Canada

3.050

3.150

3.650

3.640

3.690

3.440

ING Direct

3.000

3.250

3.190

Investors Group Trust

3.000

4.000

3.100

3.140

3.700

4.640

5.240

London Life

3.000

4.000

3.100

3.140

3.700

4.640

5.240

Manulife Bank

3.000

4.450

3.000

3.100

3.150

2.950

Manulife Trust

4.450

3.000

3.100

3.150

2.950

National Bank

3.200

4.000

3.100

3.140

3.700

4.640

5.240

4.500

3.100

3.350

3.700

3.850

3.950

President’s Choice Fin’l

3.100

6.040

3.140

3.200

3.240

3.300

3.340

Royal Bank of Canada

3.200

4.000

3.100

3.140

3.650

4.640

5.240

4.000

3.100

3.140

3.700

4.390

5.240

3.200

4.000

3.000

3.140

3.700

4.640

5.240

3.150

3.250

3.350

3.390

3.440

AGF Trust

Bridgewater Bank

Home Trust Company

Peace Hills Trust

Servus Credit Union T-D Mortgage Your Neighbourhood C.U.

PREPARED BY CANNEX ON NOVEMBER 12, 2012. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2012 CANNEX Financial Exchanges Limited. All rights reserved.

36 • ResaleHome&CondoGuide | Volume12 Issue13

MORTGAGE TYPES ALL MORTGAGES ARE OF TWO BASIC TYPES: CONVENTIONAL The buyer can borrow up to 80% of the purchase price or the value of the property, whichever is less. The buyer has to pay 20% down. A conventional mortgage cannot exceed 80% of the value of the property. INSURED OR HIGH-RATIO: A buyer can borrow up to 95% of the purchase price or the value of the property, whichever is less. The down payment can be as low as 5%.

MORTGAGE OPTIONS You can choose any of these mortgage options which fit into the two basic mortgage types. Lenders may even customize these options to suit your needs. OPEN MORTGAGE: Allows borrowers to repay all or part of the total amount of their mortgage at any time without penalty. Because of flexibility, this is ideal for borrowers who plan to sell their homes in the near future or who want to switch from a shortterm mortgage at high interest rates to a longer term when mortgage interest rates fall. CLOSED MORTGAGE: Usually has the lowest interest rate available but lacks the flexible features of other mortgage options. A good choice for those who want the security of knowing their monthly payment is fixed for a longer term. Prepayment options are available but they are subject to conditions. PORTABLE MORTGAGE: Flexibility if borrowers move. Borrowers can take the mortgage to their new home or can transfer it (usually with the consent of the lender) to the purchaser of their old home. This is an attractive option if the rate on the existing mortgage is lower than current rates.

recipe

Anna Olson’s

roasted root vegetables

Pair this hearty side dish with a roast for a real crowd-pleaser

ingredients

directions

› 1 cup peeled and diced carrot › 1 cup peeled and diced parsnip › 1 cup diced celery root › 1 Delicata squash, seeded and diced (you can leave the skin on) › 2 shallots, sliced › 3 tbsp olive oil › 2 sprigs fresh thyme › salt and pepper › 1+ 6 tbsp olive oil › 1 shallot, minced › 1 teaspoon Dijon mustard › 2 tbsp apple cider vinegar › 1 teaspoon finely chopped fresh rosemary › salt and pepper › 2 tbsp roasted pumpkin seeds

› Preheat oven to 350° F. Toss carrot, parsnip, celery root and squash with shallots, olive oil and thyme and season lightly. Place in an 8-cup baking dish and roast for 30 to 40 minutes, until vegetables are equally tender. Remove thyme sprigs. › Heat 1 tbsp oil and sauté shallot for 1 minute over medium heat. Whisk in mustard, vinegar and rosemary and reduce heat to low. Whisk in remaining 6 tbsp oil in a slow drizzle and season to taste. › When ready to serve, toss vegetables with vinaigrette, garnish with pumpkin seeds. Serves 6 as a side dish.

More recipes can be found online at foodnetwork.ca. NC

Scott Merchant

Free, Online Home Finder Service

The Merchant Difference www.scottmerchant.ca Re/Max House of Real Estate 249-9500

Hot new listings emailed daily... visit www.scottmerchant.ca and click on Free Home Finder

Renovated Glenbrook Duplex!

Great Starter in Copperfield!

Gorgeous Renovation in Oakridge!!

New Build in Inglewood!!

New Build in West Hillhurst

Nicely Updated 3 bedroom Duplex in Glenbrook. Priced lower than most townhouses but without the fees! Features 3 Bedrooms, 1.5 Baths, Fully-finished basement dows, a Updated, flooring, paint bathrooms and furnace! Parking for two.

Best priced single family home in Copperfield. 3 bedroom 2 storey with front veranda, large great room with fireplace, Huge kitchen. A Bargain at this price!!

Too many upgrades to list! Gourmet kitchen, with granite counters, Stainless steel Appliances, New Hardwood Floors, Windows, doors, basement development, furnace, Huge double garage and RV Parking. Across from park!!

Quiet location only a few steps from the BOW River and pathways! Gorgeous 2600 sq ft 2 storey built by Gold Creek Builders only 60 days from completion. Floor plans and specs are available by email, check website- photos updated regularly!

Stunning home to be built by Gold Creek Builders Located on a south facing 40 x 120 ft lot.2891 sq ft home to be built with another 1500 in basement development. Floor plans and specs are available.

$259,900

$309,900

$449,900

$1,250,000

$1,500,000

For virtual tours and open house schedules go to www.scottmerchant.ca

Volume12 Issue13 | ResaleHome&CondoGuide •

Call 403-863-1293 today!

Need a mortgage? Self employed? New to Canada? Vacation homes? Rental purchase? Refinance for debt management? My experience and service will work for you.

Five year fixed rate 2.99%

Mortgage SpecialiSt 5015 Centre Street NW, Calgary AB T2K 0S9 Fax: 403-202-2182 Email: loriames@gmail.com

all subject to change, lender qualifications will apply

mortgagepoll

Canadians view their home as

key investment tool The role of The Canadian home is CruCial, with the majority of Canadians (77 per cent) indicating their home is an investment rather than an expense, according to a recent Scotiabank poll.

69%

40%

81%

The investment may extend beyond retirement for some; among those mortgage holders not yet retired, one-third (32 per cent) say they will likely still have their mortgage when they retire. That said, Canadians are eager to leave their mortgages behind, with almost three-quarters (72 per cent) of Canadian mortgage holders taking at least one step to becoming mortgage-free faster. When it comes to mortgage-mindset, Canadians are thinking in the right direction:

Two-thirds of Canadians report owning a home. for Canadian homeowners, 40 per cent are living mortgage-free. The majority of Canadians agree it is important to become mortgage-free as soon as possible.

29% 34% The most common step Canadians are taking to pay off their mortgage faster is to increase the frequency of their regular payments. 38 • ResaleHome&CondoGuide | Volume12 Issue13

The most common step Canadians are taking to pay off their mortgage faster is to increase the frequency of their regular payments. one-third of Canadians say they will be relying on their home equity to support them in retirement. “What I want Canadians who are feeling a little overwhelmed in paying off their mortgages to know is that paying off their mortgage is totally achievable, and the great news is that a number of Canadians who were in the same position have reached the goal of being mortgage-free,” says David Stafford, managing director of real estate secured lending at Scotiabank. “With rates at historic lows, there’s never been a better time to take years off your mortgage. We’ve helped customers across the country become mortgage-free faster. By visiting our financial advisors, you can receive personalized advice on how to do the same without an impact on your lifestyle.”

COMMUNITIES & MLS NUMBERS

TRAN

SCAN

ADA

HIGH

WAY

Cougar Ridge

West Springs

Aspen Woods

Patterson Coach Hill

Christie Park The Slopes Signature Park Springbank Signal Hill Hill Discovery Ridge

Wildwood

Strathcona Park SARCEE TRAIL

zone

Cresmont

Westgate

Spruce Cliff

Glendale

Killarney

Eau Claire

Shaganappi Roscarrock

Richmond Glenbrook Rutland CFB Park Currie Glamorgan Lincoln Park

Richmond Hill

West Sunalta End Downtown East Village Victoria Scarborro Connaught Park Mission Bankview Mount Erlton South Royal Roxboro Calgary Elbow Parkhill/ Park Altadore/ Stanley Park River Britannia Park Elboya Windsor Park

Lakeview Village

Bel Air North Glenmore Park Eagle Ridge

Oakridge Estates

Bayview

Oakridge

Meadowlark Park

Kelvin Grove Kingsland Chinook Park Haysboro

Pumphill Palliser Braeside

Cedarbrae

Woodbine

Southwood Woodland

MACLEOD TRAIL

Lakeview

Canyon Meadows Estates Canyon Meadows Shawnee Slopes

Evergreen

Millrise Shawnessy

Bridlewood

Somerset

MARQUIS OF LORNETRA

Forest Lawn.........................................764 Franklin/Meridian Ind Park................630 Horizon Industrial Park ......................640 Marlborough .......................................660 Marlborough Park ...............................662 Martindale ...........................................682 Mayland Heights ................................600 Mayland Heights East ........................604 Mccall/Airways Ind Park ....................610 Monterey Park .....................................670 Parkridge Estates.................................671 Penbrooke............................................766 Pineridge .............................................668 Radisson Heights ................................728 Red Carpet/Mountview Mhp.............770

Rundle .................................................666 Saddle Ridge .......................................645 Southview............................................732 Valleyfi eld ...........................................744 Vista Heights .......................................605 West Dover ..........................................734 Whitehorn ...........................................672 Stoney Industrial.................................625 Sunridge Industrial Park ....................635 Taradale ...............................................684 Temple .................................................674

Volume12 Issue13 | ResaleHome&CondoGuide â&#x20AC;˘

FIND YOUR HAPPY PLACE

homeTRADER.ca

40 • ResaleHome&CondoGuide | Volume12 Issue13

zone

Ramsay Inglewood

COMMUNITIES & MLS NUMBERS

Highfield

MACLEOD TRAIL

Manchester

Foothills Industrial Park Ogden Lynnwood

Fairview

GLENMORE TRAIL Riverbend

Acadia

Shepard Industrial Park

Willow Park Willow Maple Park Est Ridge

Douglas Glen

Lake Bonavista Estates

Deer Ridge

Midnapore

Parkland

Sundance

Lake Chaparral

Deer Run

DEERFOOT TRAIL

Diamond Douglasdale Cove Estates Lake Douglas Bonavista Ridge Queensland

McKenzie Towne McKenzie Lake RAIL RNE T OF LO IS U MARQ Auburn Bay

Cranston

Acadia ...................................................215 Auburn Bay ..........................................365 Blackfoot Mobile Park .........................217 Chaparral ..............................................280 Copperfi eld .........................................355 Cranston ...............................................360 Deer Ridge ...........................................265 Deer Run ..............................................270 Diamond Cove .....................................252 Douglas Glen .......................................320 Douglas Ridge ......................................330 Douglasdale Estates ............................325 Fairview ................................................210

Foothills Industrial Park ......................340 Highfi eld..............................................205 Inglewood ............................................200 Lake Bonavista .....................................235 Lake Bonavista Downs ........................245 Lake Bonavista Estates ........................240 Lynnwood Rdg/Riverglen/Ogden ......300 Mahogany ............................................375 Manchester...........................................207 Maple Ridge .........................................230 Mckenzie Lake .....................................335 Mckenzie Towne ..................................345 Midnapore ............................................255

New Brighton Copperfield

Seton

New Brighton.......................................350 Ogden/Lynnwood................................305 Parkland ................................................260 Quarry Park ..........................................315 Queensland ..........................................250 Ramsay .................................................202 Riverbend .............................................310 Seton .....................................................370 South Hill .............................................306 Sundance ..............................................275 Willow Park ..........................................220 Willow Park Estates .............................225

Volume12 Issue13 | ResaleHome&CondoGuide â&#x20AC;˘

holidaytips

Replace holiday stress with

holiday joy By hellen Bu t tigieg

oliday season strikes fear in the hearts of many. Instead of visions of sugar plums we get visions of mad mall dashes, credit card bills and lots of cleaning to do. Put years past behind you and make a few simple changes. These tips will help replace the holiday stress with holiday joy.

›› Avoid gifts that clutter Give gifts that can be consumed rather than those that take up space. Consider giving candles, gourmet food baskets, vintage wines, fresh floral arrangements, jams and jellies, etc. Gift certificates are also appreciated by those who want to streamline their homes. ›› Clear away the ‘everyday’ For more impact and less clutter, remove your everyday decorative items from tabletops and mantels before you display your holiday decorations. You can store them temporarily in the boxes that held your decorations. ›› Under-decorate If you find it overwhelming to decorate every room of your home for the holidays, consider a new approach. Decorate the one or two rooms you’ll use the most over the season and see how you feel. Chances are you and your family won’t miss the extra knick-knacks and you may even enjoy the holidays more because you’ll be less stressed. You will be especially appreciative when it comes time to take down the decorations and put them away.

›› Help for the host Hosting a holiday soirée this year? Don’t be a superhero – accept help. Make it a potluck. People enjoy contributing and it makes the meal more interesting. While you’re at it, consider putting your kids to work during the event or hiring students to help out. They can take coats as guests arrive, freshen up the appetizer plates and load the dishwasher. They’ll be learning valuable skills and perhaps making some extra money and you’ll be a more relaxed and joyful host!

FOr mOre imPaCT and less ClUTTer, remOVe yOUr eVeryday deCOraTiVe iTems FrOm TaBleTOPs and manTels BeFOre yOU disPlay yOUr HOliday deCOraTiOns. yOU Can sTOre THem TemPOrarily in THe BOxes THaT Held yOUr deCOraTiOns. ›› Avoid mall madness Do you get stressed when shopping for gifts at the mall this time of year? Do the long lineups and limited parking dampen your holiday spirit? There’s still time to shop online and have your items delivered in time. Many retailers offer free shipping or other incentives this time of year. Another option is to hire a personal shopper. Some major department stores actually offer this service at no cost, so ask. ›› Make it meaningful Connect to what the holidays are really all about – spending time and making special memories with the people you love. Make time for doing fun things together, like baking cookies, going downtown to see the holiday lights and festive store windows, renting a favourite family movie or going skating at the local rink. An effective way to make time for these activities is to let go of the need to create the perfect home, buy the perfect gifts, and cook the perfect holiday meal. Perfection is unattainable, no matter how organized and talented you are (especially this time of year). ›› Be an early bird Wrap and ship your holiday gifts to out-of-town friends/family early to avoid rush postage costs and long lineups at the post office. ›› Track your spending Consider paying by debit instead of credit when shopping for gifts to avoid the shock of your credit card statement in January. Another option

42 • ResaleHome&CondoGuide | Volume12 Issue13

is to put all your purchases on one credit card and only use that card for gift-buying; with most cards you can track your spending by viewing the balance online. ›› Guilt-free Holidays Take a day to catch up on unfinished business like filing, returning calls, etc. Most of these ‘loose ends’ take only a few minutes, but are put off because they don’t seem urgent. However, you still worry about getting them done, and it takes up space in your brain. Eliminate these energy leaks and you will be free to enjoy your holidays. Hire help if you need to. ›› Pick a calendar that works Invest time in choosing the right calendar system for you. Go to an office supply store and take a few minutes to look through the options. Are you a visual person who prefers a paper-based planner or a digital person who relates to an app or a computer program? Do you like a large desk blotter-type calendar or does a pocket-sized appointment book make more sense? Which format do you prefer: day-, week, or month-at-a-glance? Making the best decision for you now will pay off many times over the new year.

Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

Volume12 Issue13 | ResaleHome&CondoGuide •

aroundthehouse

ith the cold weather upon us, homeowners may wonder whether they have enough space to accommodate their families, pets and holiday guests all winter long. Additions can be notoriously time-consuming and costly, but that doesn’t mean you have to feel cramped in your current space. To add livable square footage to your existing home, look to a space you may not be using to its full potential: the basement. With a bit of strategy and a few tools like this, you can add significant functional space in no time: WALLS A fresh coat of paint is widely accepted as one of the easiest and most cost-effective ways to spruce up the appearance of any space. However, choosing the right paint for the job is just as important as the colour. Basement walls are more prone to moisture, mold and mildew damage, so the better paint companies have developed protective coatings. Very popular is one by Pratt & Lambert called BlokTite masonry waterproofing paint. Used for both interior and exterior application, the waterproofing coating is formulated to create a nearly impenetrable barrier to common moisture conditions and can even be applied directly to masonry walls and cinderblock. Don’t forget to paint trim, molding and window casings for an instantly refreshed look. FLOORING It may seem a daunting task, but updating your basement floor covering will do wonders to improve the look of this space and make it a cozy, usable

Beautiful Basements made easy

area. Again, moisture can be an issue in sub-ground spaces, so consider water-resistant options such as stained concrete, natural stone or porcelain tiles. If you are working on a budget, you may also look at today’s laminate and vinyl tile options, which are available in a wide variety of finishes and styles; some even imitate the popular look of hardwood and luxurious stone. Carpeting is also a great option to make a space cozier, but be sure to have an adequate sub-floor in place to avoid water damage and replacement down the road. Add bright area rugs or mats at the garage entrance or stairwell to give the room a warm, welcoming feel. FURNITURE No matter how you plan to use your new living space, some sort of furniture update is likely in the cards. Whether it’s a game room, family area, playroom or man cave, you’ll need solutions for seating, storage and entertainment. Even if you don’t have the budget to invest in new furniture, you can

44 • ResaleHome&CondoGuide | Volume12 Issue13

easily make old pieces or garage sale finds like-new. Sand and refinish wooden pieces, or paint them a matte colour for a more modern look. Reupholster an old sofa or simply purchase a furniture slipcover for an instant fix. Recover old chair and couch cushions, and add decorative pillows and throws for a stylish flair. LIGHT Basements don’t offer much natural light, so updating this space will probably call for a significant lighting overhaul. If your ceiling itself calls for a makeover, installing recessed or overhead lights in the process shouldn’t be too much of a hassle. If you don’t plan on redoing the basement ceiling, you can avoid the complications of electrical rewiring and instead use a variety of standing lights, table lamps and wall sconces to brighten even the darkest of lower levels. By focusing on a few key areas of basement space, you’ll have a brand new room to enjoy. NC

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OUT OF TOWN

regional map

27 766

Didsbury

2A 562

Carstairs

Cremona

806

581 575

Acme

Crossfield

766 772

567

Cochrane Bearspaw

Airdrie

Irricana

567

Katherine

Balzac

Rockyford

Keoma

Dalroy

Lyalta 1

569

Shepard 791

22X

817

Gleichen

22X

Carseland

Mossleigh

797

552

547

Cluny

549

547

842

543

Blackie

542

High River Longview

Milo

24 842

540

541

Bassano

Arrowwood

Okotoks

Black Diamond Turner Valley

Hussar

561

Dalemead

DeWinton 549

Standard

Langdon

Bragg Creek

842

564

Strathmore

Chestermere

840

566

Delacourt

CALGARY

Carbon

791

Beieker

574

Cayley

Vulcan

534

531

Nanton

533

527

520

Champion

529

Stavely Caramangay

Claresholm

520

RICHARD KIM RE/MAX HOUSE OF REAL ESTATE WATERMARK AT BEARSPAW, 300 SPYGLASS WAY • $2,150,000

BELLE VISTA ESTATES NEAR LAC ST. ANNE • $79,900

• Stunning new estate home

• Exceptional building site

• 4139sf plus a fully finished basement

• Over 3 acres

• 5 full and 1 half baths

• Perfect spot to build a vacation home

• Near Lac St. Anne

• 4 car oversized attached garage • Top-of-the-line finishings throughout • Alberta New Home registered builder

CHARLESWOOD - 2507 34 AVE. NW • $779,000

2435 CORTINA DR SW • $769,000

• Prime location-walk to U of C

• Backing a peaceful wooded green space

• Professionally renovated bungalow

• 2371 sf plus a fully finished walkout basement!

• Virtually a new house

• Stunning home featuring granite, hardwood, etc

• Stunning kitchen with built in wall oven • 4 bedrooms and 3 full baths

• Newly renovate walkout basement

• Oversized double garage

#102, 5740 2ST SW, MANCHESTER. OFFICE CONDO FOR SALE • $675,000

• 2 storey great room with views!

315 LANSDOWN ESTATES CHESTERMERE • $779,900

• Over 2000sf main floor office condo

• Over 2 acres of privacy • Less than 10 mins to city limits

• Configured with 7 offices & open area

• Walking distance to the lake

• Mens and ladies washrooms and storage

• 2658sf plus a fully finished basement

• Includes 4 parking stalls and visitor parking

• 3 bedrooms up plus 3 more in the basement

• Ideal for professional corporation

• Oversized double garage

• Walk to Chinook C-train

THE ENCORE TOWER - 505, 77 SPRUCE PLACE SW • $369,000

• Gorgeous tree lined pie lot

2912 TORONTO CRESENT NW • $2,225,000

• Exceptional 2 bedroom 2 bath unit

• Highly sought after ridge location

• Gorgeous granite counters throughout

• Spectacular views!!! • 3170 sf plus 1272 sf lower lever

• Large master suite with 2 closets

• Single attached plus double detached garage

• Underground parking • Amenities include indoor pool and exercise facility

• Top-of-the-line finishing’s

• Walk to new Westbrook LRT!

403.616.0734 ♦

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• Still time to pick your colors

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featureproperty

Cranston estate home is steps away from

River Valley B y H e at h e r R ya n

An estate home that shows like new, and is connected to a picturesque natural setting with kilometres of walking paths just steps from the front door, is an ideal choice for an active family. Located in the estate area of Cranston in south Calgary, this immaculate 2,350-sq.-ft., three-bedroom, two-storey “is a well maintained, wonderful family home that features multiple updates including new hardwood through the main level, carpet, paint and custom window coverings including shutters,” says Realtor Debbie Rice. She and fellow Realtor Don Lothian are the Lothian Rice team at RE/MAX Landan Real Estate. “It’s a warm and inviting home with dark hardwood floors on the main and rich neutral tones that give it a comfortable

feel,” Debbie says. “There are windows galore throughout the home making it bright and airy. It comes with two highefficiency furnaces, a vacuum system, knockdown ceilings and rounded corners.” The location is its biggest benefit – only a few steps from the ridge in Cranston with panoramic views of the Bow River Valley and Rocky mountains, and a network of pathways connect to the nature of Fish Creek Park. The home presents great curb appeal. Stucco, stone and well-appointed windows contribute to the quiet Cranston cul-de-sac. You’ll love the two-storey entrance foyer and how it connects the bright spaces inside. The entry is open to the front

flex room that makes an ideal home office, den or cosy sitting room limited only by your imagination. A generous living room features a three-sided fireplace between the living room and dining nook. “The equally generous dining nook has a raised ceiling with transom windows streaming in sunlight year round,” Debbie says. A door off the nook leads to a custom exposed aggregate concrete patio extending your dining to the great outdoors. A delectable kitchen features maple cabinetry, granite countertops and high-end stainless steel appliances including fridge with water and ice dispenser, stove with convection oven and built-in dishwasher. An expansive raised island with builtin wine cooler and breakfast bar seating is an invitation for guests to draw in and socialize. “The open island, dining nook and living room make this a great home for entertaining,” Debbie says. A glazed door in the kitchen to the walk-through pantry opens through a second glazed door to the main floor laundry. In the same area of the entry from the double-car front attached garage is an adjacent a convenient half-bath. Upgraded carpeting in the home was installed just a year ago and begins on the staircase and runs throughout the upstairs, with tile floors in the bathrooms. Halfway to the second level the stairs split with one way going toward the bedrooms and the other to the bonus room. “The bonus room is large and bright with five windows and it’s a perfect place to watch TV with the family,” Debbie says. Owners will adore their spacious master bedroom that can accommodate a king-size bed and big furniture, and comes with a good-sized walk-in closet and a luxurious ensuite that features a long granite-topped vanity with under mount dual sinks and a makeup table, corner jetted tub and separate walk-in shower. The two secondary bedrooms are a generous size as they can easily fit a queen-size bed and furniture and one has a built-in desk. There is also a main full bathroom with a granitetopped vanity with under mount sink. Heading to the lower level, the space is undeveloped so you can create whatever you desire, Debbie says. “The south-facing backyard is really lovely in the summer,” she says, noting it’s fully fenced and has been professionally landscaped. Homeowners will also appreciate that Cranston offers several amenities such as the 22,000-sq.-ft. Century Hall and its surrounding seven-acre park, outdoor hockey rink, splash park, tennis and basketball courts and toboggan chute. Cranston Market is also right in the community, which features a grocery store, restaurants, banking and other shops and services, and the community has two new schools. It’s also near the new hospital in south Calgary.

For more information on this Cranston estate home, contact the Lothian Rice team at RE/MAX Landan Real Estate, 403-256-3888, or visit calgaryrealestate.org.

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marketanalysis

Residential sales activity

on steady pace

esidential sales activity in November in the city of Calgary continued to make gains over last year’s pace despite the typical seasonal slowdown, according in figures released by the Calgary Real Estate Board (CREB). The combined residential sales – single-family homes and condos – were 1,457 in November, up 8.3 per cent from last November’s 1,345 in sales. After the first 11 months of the year, combined residential sales within city limits totalled 20,128, a 15.2 per cent increase over the 17,471 in sales recorded in the same time period in 2011. Single-family sales in November in the city of Calgary were 1,006, a 5.45 per cent hike over November 2011’s 954, although a 14.3 per cent drop from the 1,174 sales in October. Condo sales in the city of Calgary were also up in November from the previous year. Condo apartment sales totalled 253 in November, a 4.98 per cent increase over the 241 sales recorded in November 2011, but a 7.0 per cent decrease from October’s 272. Meanwhile, condo townhome sales were 198 in November, an amazing 32 per cent hike over last November’s 150 total, although a 9.6 per cent decline from the 219 sales recorded in October. The fall off of sales from October to November “is fairly typical at this time of year; we typically see a seasonal slowing of activity in November and December,” says CREB president Bob Jablonski. “However, the good news is November’s sales were

B Y H E AT H E R R YA N still higher than last November’s so there is good activity out there and we’re experiencing a balanced market, but that can change to a sellers’ market if we continue to see a lack of listings.” The number of new listings added in the city of Calgary was down again in all categories in November. The number of new single-family homes listings added in November totalled 1,157, a 28.4 per cent drop from October’s 1,616, and down 9.3 per cent from the 1,275 new listings added last November. New condo apartment listings added in November were 286, down 31.2 per cent from the 416 in October, and a 15.4 per cent drop from the 338 recorded in November 2011, and new condo townhouse listings in November were 188, down 32.9 per cent from the 280 added in October and a 16 per cent drop from the 224 added in November 2011. “With fewer inventories in the market, consumers are eager to view new listings and if it’s priced right and they see value they will jump on it,” Jablonski says. “However, we’re not seeing an overheated market, there’s no panic that you’re going to see a jump in price or it drop dramatically. We’re seeing a nice steady market. “And people who can’t find what they are looking for in Calgary are going to the surrounding centres,” he says, noting that on the year-to-date residential sales in the towns are up 39 per cent compared to last year. While sales slowed in November, the MLS Home Price Index benchmark price rose in all residential markets in the city of Calgary in month-to-month and year-to-year comparisons. The benchmark price for single-family homes in the city of Calgary in November was $433,600, an 8.5 per cent hike over the $399,700 price in November 2011 and a slight bump up from the $433,300 price recorded in October. The benchmark price for condo apartments in November was $248,000, 4.2 per cent higher than last November’s $238,000, and a half a per cent hike from the $247,000 price in October, while condo townhomes’ benchmark price was $282,800 in November, up 4.1 per cent from November 2011’s $271,600, and up 1.3 per cent from October’s $279,000. “The prices are steadily increasing, certainly not by the big uptick we saw a few years ago but it shows we’ve been through the overheated market and the recession and now we’re recovering nicely,” Jablonski says. “There is good migration coming into Calgary, jobs are being created and there is confidence in the local economy, which is helping to keep the market going.”

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Coach Hill Townhouse

$391,000 • Phase II of London at Heritage Station • 2 bedrooms 2 Full Baths 1126 sq ft • Stunning mountain views from the interior of unit • Single Indoor Parking, Ensuite Laundry, Like New

• Completley renovated 2 bedroom • Granite, Hardwood, Ensuite laundry • River Views to the north • Spacious living & dining room • Front desk security, under grnd park

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