Edmonton New Condo Guide - Aug 11, 2017 by NextHome

AUG 11 – SEPT 8, 2017 | nexthome.ca

EDMONTON EDITION

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

SH FRE OOK! L N E W E 14 G SEE PAE TAIL S D R FO

A home you’ll love in the community you want.

INSIDE:

ALBERTA’S TOP PLACES TO INVEST IN REAL ESTATE

HOUSING & SAFETY AWARDS FINALISTS ANNOUNCED!

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

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

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@AbbeyLaneHomes1

info@abbeylanehomes.com

P: 587-524-0259 E: kaylie@melnychukgroup.com

P: 780-930-1518 E: bgayle5@aim.com

Real connections live here For 40 years, we’ve been building communities throughout Edmonton and surrounding area to help people connect with what matters. From the natural tranquillity of Crystallina Nera to the versatile homes and duplexes of Aspen Trails—we’ve got it all. And we’re just getting started. Visit our outstanding communities and find your real connection. genstar.com/edmonton

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Looking for your nexthome? Browse the latest new homes and condos in your area.

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A Turning Point in Townhome Living at

Pivot by Averton

A NEW TOWNHOME PROJECT in Edmonton’s Rutherford community called Pivot, by Averton, is redefining how people choose to live. “Today’s buyer places a greater value on architecture and building materials than ever before. And that buyer wants to be able to connect to amenities right away, rather than wait for several years before an area gets built up.” says Paul Lanni, President and CEO of Averton. When you drive along the tree-lined streets to arrive at your home in Pivot, you are coming home to soaring spruce trees, and to a space that you call your own. Every home in Pivot has its own front door, driveway and garage. These are things that aren’t usually available in other townhouse projects, but Pivot isn’t like any other townhouse project. Pivot townhomes feature contemporary architecture, and the quality of construction and thoughtfulness of the features pay tribute to that form and the natural surroundings. Floor plans feature openness and 8 NextHome.ca

spatial volume, complete with floor to ceiling windows. Homeowners will really appreciated the floor to ceiling windows, rooftop patios, and Averton’s emphasis on privacy. “Our homes are thoughtfully offset from one another in order to provide private access to front door and rear yards,” explains Lanni. Speaking of rear yards, the Pivot collection includes homes with full, private backyards. “You just won’t find these features and natural amenities anywhere else.” Lanni is keen to reinforce that at Averton, design is everything. “We are setting new standards of design in the Edmonton area, with quality at every touch point, yet without sacrificing affordability.” It is hard to contain Lanni’s excitement for this project. “Pivot is so unique from a pure real estate standpoint, and the opportunity to layer on leading-edge architecture and design is very exciting. When we acquired this site, it was about limitless potential. Now that we are in full

swing, it’s about executing to the highest level and creating incredible experiences for our customers.” Pivot is surrounded by mature trees and walking trails in Rutherford, a community that was built almost 15 years ago and that has abundant amenities. Shopping, transit, schools, playgrounds--there is really nothing missing for homebuyers. In fact, recent announcements by both the City and Province will introduce future amenities for the community: the LRT and new hospital are coming to the area in the near future, and that kind of offering really isn’t available in any new development anywhere in Edmonton. Rutherford is also close to the Anthony Henday and Gateway Boulevard, making it perfectly located for anyone who needs to commute downtown or anywhere in Edmonton. The contemporary townhomes range from 1,000 sq. ft to well over 2,000 sq. ft, and include incomparable options like a fourth floor master bedroom retreat, a sky loft or rooftop patio. There are multiple home models and floor plans to choose from, including two, three and even four bedroom options. Full sized kitchens include designer full-depth, soft-close cabinetry, quartz countertops, under cabinet lighting, and full height tile backsplash. Interiors include nine foot ceilings , laminate flooring and large ceramic or porcelain floor tile. One of the most attractive features of the homes is the huge windows and open riser stairs that let in tons of natural light. Homes start in the $280,000s to the $600,000s, and while four showhomes were opened in May, construction for the project is well underway for Phase 1 (which is already 92% sold; Phase 2 has just been released). First occupancies for Pivot are expected in October of this year. Lanni says that the most satisfying part of this project has been seeing Averton’s vision materialize and resonate with buyers. “When people visit our community for the first time, they are drawn in by the soaring trees, wowed by the impressive façades of our architecture and then excited by the innovation found in our showhomes. This is very rewarding for all of us at Averton.” If you’re curious about this project (and why wouldn’t you be?) head down to Rutherford and Pivot’s four unique showhomes and a new sales centre at 1304 Rutherford Rd (just south of Ellerslie Road and between 119 and 120 street). Showhome hours are Monday to Thursday 3pm to 8pm, Saturday and Sunday 12pm to 5pm, and Fridays by appointment. You can also visit averton.ca/pivot or call 780-701-7296 for more information. AUG 11 - SEP 8, 2017 9

CALGARY’S ONLY LUXURY PARKFRONT CHOICE THE VALUE OF PARKFRONT AS MUCH AS A

20 % 12 9,000 sf

* OR MORE INCREASE

IN PROPERTY VALUES

** INCREASE IN

LIFE EXPECTANCY

HEALTHY LIVING IS THE POINT WITH

OF AMENITIES ON THE PARK

JUST MINUTES FROM THE BELTLINE’S ONLY CONNECTIONS TO THE PLUS 15 SKYWALK

THE BELTLINE’S FASTEST SELLING COMMUNITY

AWARD-WINNING

ONE BEDS FROM THE $270s · TWO BEDS FROM THE $480s

BELTLINE COLLECTION

COMPLETING 2018

DISCOVERY CENTRE OPEN DAILY 12 – 5PM, EXCEPT FRIDAYS · 301 11TH AVE SW

QUALEX.CA/PARKPOINT · 403 244 2428

2ND ST SW

NAHB - 2016 & 2017 SILVER AWARD

12TH AVE SW CENTRAL PARK

This is not an offering for sale. Any such offer can only be made by way of condominium documents and/or disclosure statement (where applicable). Prices subject to change without notice. E.&O.E. ™ denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc. *Crompton, (2005) The Impact of Parks on Property Values: Empirical Evidence from the Past Two Decades in the United States, Managing Leisure. **James et al., (2016) Exposure to Greenness and Mortality in a Nationwide Prospective Cohort Study of Women, Environmental Health Perspectives.

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AUG 11 – SEPT 8, 2017

CONTENTS

ON THE COVER:

BedrockHomes A HOME YOU’LL LOVE IN THE COMMUNITY YOU WANT 12 NextHome.ca

NEXTHOME special feature: VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR, CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds MANAGING EDITOR

Wayne Karl SENIOR EDITOR

Lydia McNutt

ART DIRECTOR

Megan Pike CONTRIBUTING EDITORS

Sonia Bell, Elisa Krovblit

THE TOP PLACES TO INVEST IN ALBERTA REAL ESTATE MEDIA CONSULTANTS

BY WAYNE KARL & SONIA BELL

NEW HOMES:

Nancy Chemait 780.619.3241

PROPERTY PROFILE

INSPIRATION

34 Dream Development

26 Round Up

Welcome to a “dream” community

TRENDING

Small space survival tips BY LYDIA MCNUTT

58 Designer Advice

18 Alberta News

Edmonton home prices; rebuilding Fort McMurray

20 Housing & Safety Awards

And the finalists are...

50 National News

Bank of Canada; national mortgage study

70 Top List

Edmonton’s best food trucks BY GENE KOSOWAN

ADVICE

28 Fundamentally Speaking

How heavy is your debt load? BY WAYNE KARL

40 News & Views

Finding your sweet spot BY LYDIA MCNUTT

62 Mortgage Intel

Four questions to ask your mortgage broker BY ALYSSA FURTADO

68 Industry Insider

Questions to ask about buying a brand new home BY DEBBIE COSIC

NEW CONDOS:

Shelby Biggs 587.357.7402 SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

John Jenkins

Cabin fever

PRODUCTION MANAGER

BY YANIC SIMARD

Anthony Majetic PRODUCTION CO-ORDINATOR

IN EVERY ISSUE

14 Editor’s Note

Hannah Yarkony GRAPHIC DESIGNERS

Miguel Cea, Mike Terentiev

19 Neighbourhood Profile

76 Web directory 80 What’s Online

PO Box 458, Station Main, Edmonton, AB T5J 2K1 nexthome.ca

ADVERTISING Call 416.626.4200 for advertising

MAPS

15 Edmonton 25 29 31 22 39 42 47 51

Downtown South Central South Southeast Beaumont Southwest

rates and information. CIRCULATION Highly targeted, free distribution system aimed at real estate buyers using street-level boxes and racking, plus door-todoor insertions in key audience segments. Call 1.855.826.4200 to discuss distribution opportunities. COPYRIGHT 2017 All rights reserved by Yellow

Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and NextHome are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E.

West

EDITORIAL Submissions from interested

Spruce Grove & Stony Plain

parties will be considered. Email to Lydia.McNutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

63 Northwest 69 Northeast 71 Fort Saskatchewan & Sherwood Park

AUG 11 - SEP 8, 2017 13

NEXTHOME

EDITORS’ NOTE OPEN UP TO THE POSSIBILITIES

LYDIA MCNUTT SENIOR EDITOR EMAIL: Lydia.McNutt@ypnexthome.ca TWITTER: @LydiasTweets

WAYNE KARL MANAGING EDITOR EMAIL: Wayne.Karl@ypnexthome.ca TWITTER: @WayneKarl

+ get social 14 NextHome.ca

WHEN WE FIRST SET OUT to plan NextHome – a rethink of the former New Condo Guide and New Home Guide, our team jumped at the opportunity. Change is part of business, part of life, and increasingly part of the home-buying process. Indeed, the home hunt has changed. Edmonton is growing by leaps and bounds. According to the latest census data, the city’s population increased by 13.9 per cent between 2011 and 2016 – almost triple the national growth rate. With almost a million people now calling Edmonton “home,” the question is, where exactly is home? Here’s where we step in. With more than 25 years in the real estate business, we’re still your source for all things “home.” What’s changed? • We have a new name; • We now cover all housing types in one convenient source, from lowrise to highrise and everything in between • We report on local news and national topics that impact your home-buying decision • We have a fresh new look, with articles designed to educate, entertain and inspire you. Changes aside, our goal is still to give you the right tools to navigate the exciting, oftenconfusing and always-changing home-buying landscape. For starters, you’ll want to flip to page 36 and read our special feature on Alberta’s top places to invest in real estate. There’s lots more to take in, so sit back, relax and enjoy. You’re just getting started.

Interact with us on social media: nexthome

EDMONTON AND REGION

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CHECK EACH AREA DISTRICT MAP FOR MORE INFORMATION

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AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 15

TRENDING

EDMONTON HOME PRICES INCREASE IN SECOND QUARTER THE LATEST REPORT FROM ROYAL LEPAGE reveals that Edmonton home prices saw a boost in the second

quarter of 2017 – a sign of economic recovery and renewed optimism in the housing market.

Q2 2017 Aggregate home price*: $387,989 Year-over-year: up 3.8%

2017 FORECAST

Condos Median Price: $234,697 down 2.3% year over year

Aggregate home price*: $388,224 Year-over-year: up 2.5%

Bungalow Median Price: $376,498 up 3.7% year over year

Two-storey house Median Price: $449,090 up 5% year over year

“Over the last three months, the Edmonton real estate market has made significant headway, clawing its way out of a recessionary period,” says Tom Shearer, broker and owner of Royal LePage Noralta Real Estate. “While consumer confidence has yet to fully recuperate, many positive signs can be found within the marketplace, as the economy continues to strengthen, and sales activity surges in certain neighbourhoods.” * Aggregate prices are calculated via a weighted average of the median values of homes for reported property types in the regions surveyed

ONE YEAR LATER: REBUILDING FORT MCMURRAY IN MAY 2016, Fort McMurray was hit with a severe wildfire that destroyed 10 per cent of its structures. One year later, the rebuild is well underway in the community. According to Canada Mortgage and Housing Corp.’s recent Housing Market Insight report, Fort McMurray’s residential market is experiencing strong construction activity. A spike in housing starts in the first half of 2017 have supported the ongoing rebuilding efforts. 18 NextHome.ca

2,500 1/3

Homes burned down in the 2016 wildfire of all destroyed units have begun reconstruction

844 + Units have begun construction

200 = 1,000+

Units to begin construction by end of summer

Approximate number of units under construction by the end of 2017

TIME LINE TO REBUILD: 3 to 4 years

NEIGHBOURHOOD PROFILE

LAKE SUMMERSIDE HOT SPOTS

MORE PHOTOS ONLINE

BY AMY HANCOCK LAKE SUMMERSIDE is an

established neighbourhood located south of Ellerslie Road between 66th Street and Parsons Road. Its most distinct feature is the 28-ft. deep, 32-acre lake made for swimming, fishing and non-motorized boating, for exclusive use by the lucky members of the Lake Summerside Residents Association. THE VIBE

Rows of cottage-style homes line the green boulevards. The wide sidewalks are busy with young families heading to the lake for a day of fun and sun at the beach. A to-do list of errands is easily tackled with nearby commercial services, leaving more free time to spend with family and friends. IN THE AREA

All commercial and community services are located in close proximity of Lake Summerside. Shopping centres, supermarkets, restaurants, cafes and bars run

nexthome.ca/lake-summerside

along Ellerslie Road. There are schools, dental and medical centres right in the neighbourhood, and major hospitals are located within a few minutes drive. Movie theatres and big box stores can also be found at nearby South Edmonton Common.

LAKE SUMMERSIDE BEACH CLUB Exclusive to residents of the area, Lake Summerside Beach Club members enjoy access to the lake and park facility, including the beach, playground, tennis and volleyball courts, picnic areas and boat rentals.

MEET THE NEIGHBOURS

Lake Summerside is a family neighbourhood. Although there are young professionals, empty nesters and seniors residing here, young parents have chosen this safe and friendly neighbourhood to raise their children and start their families. Income levels among residents vary, due to the wide range of housing options available here.

BREWSTERS This well-known micro-brew pub offers hearty pub grub matched with carefully crafted beer. Watch for lunch and dinner specials and new seasonal beers on the menu, as they rotate frequently.

REAL ESTATE

About three-quarters of the dwellings in Lake Summerside are detached homes, while the other 25 per cent is split between apartments and townhome-style condos. The latter has provided some affordable starter options. Homebuyers are also renting out suites in their homes, which supports the rental market in the area.

Amy is a freelance writer and communications professional. Her insights and extensive familiarity with Edmonton make her a great guide for getting to know local communities.

MINI MANGO Brightly coloured walls decorated with images of rice fields and riverboats welcome hungry lunchers to this small Vietnamese restaurant. Order at the counter, sit down and wait for your order of authentic Pho soup.

AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 19

CELEBRATING SUCCESS

NextHome would like to congratulate the 2017 CHBA â&#x20AC;&#x201C; Alberta Awards of Excellence Finalists

BILD ALBERTA ANNOUNCES THE CHBA – ALBERTA HOUSING & SAFETY AWARDS FINALISTS EDMONTON – Building Industry and Land Development Alberta Association (BILD Alberta) is pleased to announce the 76 finalists for the 2017 CHBA-Alberta Awards of Excellence in Housing presented by The Alberta New Home Warranty Program Group of Companies. This year’s awards feature 25 individual categories and three prestigious Builder of the Year Awards. BILD Alberta is also proud to announce the 12 finalists for the four Safety Leadership Awards sponsored by ATCO. Housing and safety awards winners will be announced September 15 at BILD Alberta’s Fall Conference in Jasper. Builder of the Year Awards will be presented to the highest scoring builders in the smallvolume, large-volume and multi-family categories. These builders have demonstrated leadership in design, safety, volunteerism and customer satisfaction. “This year’s finalists, chosen by over 140 judges, are a great representation of the innovative work being done across the entire spectrum of Alberta’s residential construction industry,” said Donna Moore, CEO, BILD Alberta, “We’re pleased to recognize many segments of the industry from single family and multi-family to green home, community development and renovation.” Over 350 submissions came in from across Alberta to compete for top honours in the housing and safety awards. Edmonton region projects have 37 finalists, followed closely by Calgary region at 34. Lethbridge has four finalists and Medicine Hat has one project in the running for provincial awards. Building Industry and Land Development Alberta Association (BILD Alberta) represents the amalgamation of the Canadian Home Builders’ Association – Alberta and the Urban Development Institute Alberta. BILD Alberta is the unified voice for the land development, home building and renovation industry, representing over 1,900 business members.

RENOVATION UNDER $200,000 SPONSORED BY ENVIROMATICS GROUP

RENOVATION $200,000 - $500,000 SPONSORED BY ROXUL

ALAIR HOMES

RENOVATION OVER $500,000 SPONSORED BY RBC ROYAL BANK

MULTI-FAMILY APARTMENT UNDER $500,000 SPONSORED BY SHAW CABLESYSTEMS

BROST DEVELOPMENTS

MULTI-FAMILY DUPLEX UNDER $350,000 SPONSORED BY RBC ROYAL BANK

MULTI-FAMILY DUPLEX $350,000 - $500,000 SPONSORED BY KAYCAN

MULTI-FAMILY TOWNHOME UNDER $350,000 SPONSORED BY LENNOX

CARDEL LIFESTYLES

MULTI-FAMILY TOWNHOME $350,000 - $500,000 SPONSORED BY SUPERIOR CABINETS

MULTI-FAMILY LUXURY OVER $500,000 SPONSORED BY STAR MECHANICAL

RNDSQR

MULTI-FAMILY PROJECT SPONSORED BY BROCK WHITE CONSTRUCTION MATERIALS

COMMUNITY DEVELOPMENT SPONSORED BY CHRISTENSON GROUP OF COMPANIES

BROOKFIELD RESIDENTIAL

GREEN HOME SPONSORED BY BUILT GREEN CANADA

SINGLE FAMILY UNDER $250,000 SPONSORED BY CANADA MORTGAGE & HOUSING CORPORATION

SINGLE FAMILY $250,000 - $280,000

HOMES BY AVI

SPONSORED BY KVR ELECTRIC

SINGLE FAMILY $280,000 - $310,000 SPONSORED BY RBC ROYAL BANK

SINGLE FAMILY $310,000 - $340,000 SPONSORED BY HUNTWOOD CUSTOM CABINETS

MATTAMY HOMES

SINGLE FAMILY $340,000 - $380,000 SPONSORED BY ICON FLOORING

SINGLE FAMILY $380,000 - $425,000 SPONSORED BY CUSTOMERINSIGHT

AVONLEA HOMES

SINGLE FAMILY $425,000 - $475,000 SPONSORED BY EDMONTON JOURNAL & CALGARY HERALD

SINGLE FAMILY $475,000 - $525,000 SPONSORED BY DELTA BY MASCO

BROADVIEW HOMES

SINGLE FAMILY $525,000 - $600,000 SPONSORED BY ATB FINANCIAL

ESTATE HOME $600,000 - $800,000 SPONSORED BY RELIANCE HOME COMFORT

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ROUND UP

SMALL SPACE

SURVIVAL TIPS BY LYDIA MCNUTT

With 25 years in the real estate biz, we’ve picked up a thing or two about how to maximize your small space. Here’s some timeless advice from the experts over the years.

1 “Furniture in small spaces can serve more than one purpose... Reconfiguring and readapting to serve multiple functions is the way of the future.”

2 “Position a mirror directly on the wall opposite to the source of natural light. This will bounce the light back and forth while increasing the visual depth of your room at the same time.”

“When you’ve run out of storage space, lie on the floor and look up... Vertical space is abundant and often overlooked. Consider putting shelves above door frames or around the perimeter of the room. Hang things from the ceiling in the kitchen. When purchasing armoires, bookcases or shelving units, choose the tallest you can find, and put baskets on top of them.”

JANE LOCKHART, PRINCIPAL

YANIC SIMARD, PRINCIPAL

HELLEN BUTTIGIEG, CERTIFIED

DESIGNER, JANE LOCKHART

DESIGNER, TORONTO INTERIOR

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“Where the goal is to create the illusion of more space, paint walls and trim in pale, cool colours… Cool colours recede from view, making walls feel farther away than they really are.” KIMBERLEY SELDON, INTERIOR DESIGNER, KIMBERLEY SELDON DESIGN GROUP

“A layered lighting plan is something I always recommend to clients, but in a small space this approach is especially advantageous. Rather than opting for a floor lamp with mass and weight, that takes up floor area, sconces give you ambient lighting while saving space. I love the architectural detail sconces provide and often use them on either end of a gallery wall or sofa.” LISA CANNING, DESIGNER, LISA CANNING INTERIORS

“If you’re fortunate enough to have a breathtaking skyline view or a picturesque landscape right outside your window, why not treat it like a stunning piece of artwork? Frame it with colour. Painting trim with a deep, rich hue such as black or charcoal gray continues to be a growing trend, and if your small space is rather “box like” and lacking a natural interior focal point, the addition of a bold colour on the trim work will add depth, command attention, and draw the eye to one of your best and most beautiful features.”

LEIGH-ANN ALLAIRE PERRAULT, SELF-PROCLAIMED DIY NINJA AND DESIGNER, HUE LA LA

“Train yourself to be a minimalist. I know you want to keep the old photo albums and book collections. However, with today’s digital technology, you can store all your photos and books on your computer. You get better quality imaging and it can free up a lot of space.”

+MORE ADVICE ONLINE

JONATHAN AND DREW SCOTT, THE PROPERTY BROTHERS nexthome.ca/news/advice

ADVICE | FUNDAMENTALLY SPEAKING

HOW HEAVY IS YOUR DEBT LOAD? RISING INTEREST RATES A CAUSE FOR BELT TIGHTENING – AND NOT JUST FOR CANADIANS

WAYNE KARL

WAY TO GO, Bank of Canada, you’ve freaked people out. Your first rate hike in seven years – on July 12, raising the target for your influential overnight rate to 0.75 per cent from 0.50 – is cause for concern, for some. But it’s not all you. That same day, Canada’s big five banks all raised their prime lending rate by 25 basis points. Canadians, naturally, worry how these rising rates might hurt them, particularly when experts suggest this may be the first in a series of hikes over the next year or 18 months. And no shortage of reports suggest, with high debt loads and rising rates, it’s time to batten down the hatches. Even Canada Mortgage and Housing Corp. warns that, “While the credit situation of mortgage holders in Canada remains stable, record-high levels of household debt underscores the need to keep a close eye on trends and developments.” Such concerns, however, may be overblown.

In fact, the ones doing the belt tightening should be the government, itself. “Canadian households have taken on more debt over time, but they have used this debt to finance assets – real estate, for example – that are appreciating over time, causing their net worth to grow, also to unprecedented levels. The same cannot be said for government debt.” Ouch. This analysis comes from the Fraser Institute. Concerns about household indebtedness focus on measures such as total household debt accumulated, or the ratio of household debt to income, the independent research and educational organization says. Based on these metrics, Canadian household debt levels are indeed near historic highs. By the end of last year, household debt reached more than $2 trillion, up from $357 billion in 1990. The lion’s share of this debt – two thirds, in fact – is for mortgages, while the remaining third is split between consumer credit (29 per cent) and other loans (five per cent). Over the same period, the total financial liabilities of the government sector grew from approximately $700 billion to $2.5

By the end of last year, household debt reached more than $2 trillion, up from $357 billion in 1990. 28 NextHome.ca | DOWNTOWN

trillion, while its net debt grew from more than $400 billion in 1990 to nearly $970 billion in 2016. Wealth planner and mortgage expert Calum Ross is even more direct. “Rising rates is a sign for economic optimism,” he told NextHome. “Our economy is creating jobs, and if Bank of Canada GDP growth for 2017 does indeed reach 2.8, that’s great news. “I am still very skeptical about the long-term strength of any of the western world economies until we get government spending under control. Factually, it is the single biggest threat to the standard of living in the western world and it must be addressed aggressively in the years to come. “In Canada our federal and most of our provincial governments are spending more than they make. You don’t need an accounting or finance degree from a fancy school to know that incredibly problematic.”

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl

+MORE ADVICE ONLINE nexthome.ca/news/advice

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

By: Carrington Land Builders: Bedrock Homes Location: 5624 - 7th Ave.

By: Rohit Land Dev. Builders: Art Custom Homes, White Eagle Homes, Dâ&#x20AC;&#x2122;Cor Homes, Celebration Homes Location: 1 km South of Ellerslie Rd. on 111 St. SW

3. RUTHERFORD HEIGHTS By: Qualico Communities Builders: StreetSide Location: James Mowatt Trail & Rutherford Road

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

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

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

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

7. RAVINES OF RICHFORD By: Rohit Land Development Builders: Celebration Homes, Open Location: Ellerslie Road & Blackmud Creek Ravine

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

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

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

Last chance for Lakeside Living

lakesummerside.com AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 31

Your nexthome is here!

GRAND OPENING SEPTEMBER 23 Duplex Homes From $305s Single Family Homes Rear Detached Garage From $330s

Montorio Homes | Morrison Homes

Single Family Homes Front Attached Garage From $440s Landmark Homes | Montorio Homes Morrison Homes

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You’ve just found your nexthome!

32 NextHome.ca | SOUTH

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

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By: Carrington Communities Location: 4008 Savaryn Dr. SW

By: Streetside Developments Location: 1530 Tamarack Blvd.

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

AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 33

PROPERTY PROFILE

WELCOME TO

A DREAM COMMUNITY! FOR MORE THAN 33 YEARS, DREAM DEVELOPMENT has created familyfocused communities of superb quality and architectural integrity across greater Edmonton. Today, that legacy continues to grow in one of southeast Edmonton’s most popular neighbourhoods – Maple Crest.

Maple Crest, a natural playground What immediately defines Maple Crest is the natural beauty that greets you on arrival. One of the city’s largest amenities, a 75-acre natural reserve is the community’s centrepiece. This expansive greenspace is bordered by paved, tree-lined paths and features developed park sites, rest areas and nesting islands for migrating birds. It is also home to dozens of small animals and many plant species that have made the reserve into a “living museum” where children can safely observe nature up close. This vast amenity was created by sculpting and improving the Fulton Marsh wetlands from a brownfield into a bustling lifestyle area frequented by residents. A mature wooded ravine is located south of the reserve. It winds through the community and provides

an extensive trail network that accommodates seasonal activities while also connecting users with Edmonton’s extensive walking path system. A new playground, completed in 2016, is another popular gathering place for families and friends. Its play structures and outdoor games encourage children to get outside and enjoy some healthy fun while learning at the same time. A park situated around the playground has more than an acre of manicured recreation space for games and activities, plus a toboggan hill for winter entertainment.

Maple Crest’s location is very convenient – south of Whitemud Drive and Anthony Henday Drive. It gives residents quick and easy access to all points in the city. There’s shopping and daily service destinations located within walking distance of homes. Dream Tamarack, a burgeoning commercial district just east of Maple Crest, hosts national retailers, local shops and stores, a fitness centre, restaurants and services, and much more. Excellent transit service is also located within easy walking distance of homes via the Meadows Transit Centre, a major hub for bus service located just west of the community. Homes for every budget Maple Crest has a superior selection of home styles designed and priced to fit almost every family’s lifestyle and budget. Townhomes, with either attached or detached garage layouts, are available from the mid-$290’s to the $330’s. These include unique street townhomes from Homes by Avi that do not have condo fees, and attachedgarage designs in Maple Way Gardens. Award-winning duplex layouts are available through four professional master builders, including Bedrock Homes, Coventry Homes, Landmark Homes and Look Homes, with prices starting in the $330’s. Laned single-family homes with rear detached garages, crafted by Landmark Homes, combine privacy, peace of mind and zero lot line efficiency with pricing in the $350’s. Plus, there’s a great selection of move-up and executive attached-garage homes, with today’s most progressive design and decor

innovations, starting in the low $400’s. These homes are built by Bedrock Homes, Coventry Homes and Crystal Creek Homes. New showhomes to tour This summer, Maple Crest is sizzling with hot new show homes. These traditional and contemporary home designs complement nine existing showhomes to create southeast Edmonton’s largest selection of models. For more information, visit online at livemaplecrest.ca

TRENDING

THE TOP PLACES TO INVEST IN ALBERTA’S REAL ESTATE BY WAYNE KARL & SONIA BELL

IF ONE OF THE FIRST RULES OF INVESTING is to buy low, there may be plenty of reasons 2017 could be the year to buy real estate in Alberta. Coming off a prolonged slump in the economy and housing market, thanks to low oil and gas prices, Alberta seems poised for recovery. For investors, this could mean it’s a good time to shop around, while keeping an eye on changing economic conditions. “Until you have employment and people moving back into the province, creating demand for rental units, which will then drive the demand for sale units, the world of real estate right now is looking at opportunities to buy,” Patrick Francey, CEO of the Real Estate Investment Network (REIN), told NextHome. “Knowing that in the next couple of years as the economy starts to pick up, and gross domestic product actually increases, that’s what’s going to drive real estate.” Insiders agree that the best places in Alberta to search for opportunities are within its two largest cities. 36 NextHome.ca | SOUTH EAST

With this in mind, NextHome has assembled a list of the Top Places to Invest in Real Estate in Alberta, using the investment strategy known as “buy, hold and rent.” We examined vacancy and rental rates (twobedroom units) from Canada Mortgage and Housing Corp., and validated these findings with the latest data on population, employment and wage growth. For context, we’ve also included average home prices – with data provided exclusively by Royal LePage and Brookfield RPS. Our research was further guided by insight from investors and other experts. “For both Edmonton and Calgary, there are great buying opportunities right now, but there’s no rush,” says Francey. “That’s the good news. You’re finding the properties that cash-flow in a single-family would have preferably come from basement suites. Anything that’s in the $400,000 to $500,000 range is still very strong, but ultimately, there are good opportunities to buy. You’ve got to look for the deals, but they exist. And there are cash-flow opportunities, especially in single-family uptown suites.”

CALGARY

Edmonton and Calgary both are showing signs of recovery from three very difficult years, economically. In the Calgary area, markets such as Okotoks, Chinook and downtown seem to be holding their own in terms of vacancy rates, rental growth and home prices. “The number of rental properties are few and far between in Okotoks, Chinook and downtown Calgary, and this is unlikely to change in the near future,” says John Hripko, realtor, Royal LePage Benchmark, Calgary. “Demand for these regions is continually growing, as many buyers and potential renters have become increasingly interested in these markets.” Calgary remains something of a double-edged sword for investors at this point, Hripko adds. Alberta

STRATHCONA

Vacancy rate

3.2

vs.

2016

2.3 2015

Population

98K

vs.

ST. ALBERT

vs.

$1,386 2015

2016

Employment

92K

42K

2011

5.9

vs.

2016

vs.

Average home prices

$467K 2016

6.1 2015

vs.

2006

2011

$1,383 2015

-2.6% CHANGE

Population

66K

vs.

2016

Employment

61K

27K

2011

6.7% CHANGE

Vacancy rate

5.9

vs.

2016

1.4 2015

vs.

Population*

2016

vs.

2011

Employment*

812K

376K

2011

14.8% CHANGE

vs.

$440K 2015

vs.

$56K 2006

21.3% CHANGE

Average home prices*

$376K 2016

vs.

$380K 2015

-1% CHANGE

Median income*

236K

$54K

2006

2011

59.4% CHANGE

vs.

Median income

-1.1% CHANGE

933K

2006

-1.1% CHANGE

2006

$1,376 2015

$55K

Average home prices

$435K 2016

$68K

Average rent

$1,352 2016

vs.

27.7% CHANGE

20K

34.6% CHANGE

$463K 2015

Median income

$70K

Average rent

$1,322 2016

vs.

1% CHANGE

29K

41.8% CHANGE

Vacancy rate

UNIVERSITY

Average rent

$1,359 2016

-4.1% CHANGE

6% CHANGE

vs.

$42K 2006

27.2% CHANGE

*Showing Edmonton data

CALGARY

OKOTOKS

Vacancy rate

n/a

vs.

2016

2015

Average rent

n/a 2016

vs.

$951 2015

Average home prices

$474K 2016

vs.

$477K 2015

-0.8% CHANGE

Population

29K

vs.

2016

Employment

25K

11K

2011

17.8% CHANGE

Vacancy rate

CHINOOK

“The Edmonton market has been a real headscratcher the last little while,” says Tom Shearer, broker and owner, Royal LePage Noralta Real Estate, Edmonton. “Investors keep asking me, ‘When is the big drop going to happen, so I can buy in?’ The big drop never really hit. Prices climbed in 2015, 2016 and now we’re finally seeing a small drop in prices. That might even be attributed to the changes in financing rules in October 2016.” The St. Albert and University areas, as well as downtown, stand out as those that are holding their own. St. Albert has held up, mainly due to the types of homes and residents in the area, says Shearer. A lot of people who reside in St. Albert are government workers, mingling with a mature crowd of executive types who are more established and less likely to be influenced by swings in the economy. University, meanwhile, has actually benefited from the slowdown. “If you don’t easily find employment in a recession, generally speaking, you double down on education,” he says. The student population in this area is supporting the rental and resale market, while medical professionals also want to be close to the main hospital. “We haven’t suffered any major cutbacks yet to our medical system, so this neighbourhood is still going strong.” Downtown Edmonton is seeing plenty of development from the Ice District and Rogers Arena, with several new condos under construction. “I believe that the excitement of having the Ice District and several other projects come to life downtown has created a new energy and is increasingly drawing interest from homebuyers and investors alike,” says Shearer. “Simply put, downtown Edmonton is becoming an even better place to live.”

EDMONTON

3.5

vs.

2016

4.1 2015

vs.

$63K

2006

2011

85% CHANGE

Average rent

$1,196 2016

vs.

Median income

$1,321 2015

Population*

vs.

515K

2011

13% CHANGE

Vacancy rate

6.5

vs.

2016

Employment*

1.2M

8.1 2015

vs.

$479K 2016

vs.

2011

Population* vs.

2016

Employment*

1.2M

515K

2011

13% CHANGE

vs.

$46K 2006

Average home prices*

$479K 2016

vs.

$469K 2015

2.1% CHANGE

Median income*

340K

$57K

2006

2011

51.3% CHANGE

$469K 2015

25.6% CHANGE

-9.6% CHANGE

vs.

Median income*

2006

$1,430 2015

2006

2.1% CHANGE

$57K

Average rent

$1,362 2016

$48K

Average home prices*

341K

51.3% CHANGE

vs.

29.8% CHANGE

-8.8% CHANGE

2016

DOWNTOWN

EDMONTON

vs.

$46K 2006

25.6% CHANGE

*Showing Calgary data

is one of the only Canadian provinces that doesn’t have rent controls, allowing investor-owners to set and raise rents as they please. However, given current market conditions and the fact that anyone can buy a house with a five-per-cent down payment, renters are gaining buying power, which stalls growth in rental prices. “If investors choose to suck it up and purchase a property at current rates, they would likely turn a monthly profit in the near future, as oil prices continue to stabilize and the Alberta economy returns to its former glory, causing rental rates and home prices to increase,” says Hripko. AUG 11 - SEP 8, 2017 37

LETHBRIDGE

Lethbridge boasts many of the characteristics that make it an appealing target market for investors. An increasingly diverse economy, including in the important healthcare sector, and a growing student population make this location worth a look. Indeed, as much as 20 per cent of the population of about 93,000 residents in Lethbridge are students, primarily at the University of Lethbridge and Lethbridge College. “Lethbridge is a college town, with both the university and the college hitting milestones in curriculum development and attendance,” says Karen Davis, associate broker delegate, Royal LePage South Country. “The hospital and senior care services also employ young graduates still in the rental market.” Student housing, naturally, is a popular choice for investors here, who typically hit net income of about five per cent, she says. Homebuyers from across Alberta are also attracted to the region for its quality of life. “Young people come to college here and stay to build a life,” says Davis. “With the amenities of big city life, minus the long commutes, hectic pace and higher costs of living, Lethbridge is an attractive and affordable alternative to larger centres.” LETHBRIDGE Vacancy rate

8.4

vs.

2016

5.7 2015

Average rent

$939 2016

vs.

$919 2015

Average home prices

$267K 2016

1.7% CHANGE

Population

93K 2016

vs.

Employment

84K

35K

2011

11% CHANGE

vs.

Median income

23K

$47K

2006

2011

56% CHANGE

$263K 2015

1.3% CHANGE

vs.

$39K 2005

21.6% CHANGE

What is ‘buy, hold and rent’?

MEDICINE HAT

While Medicine Hat has been impacted by depressed oil prices, the region’s revival is well underway, according to Bob Kalista, owner, Royal LePage Community Realty. Affordable home prices offer investors a great opportunity to get in on the ground floor. “Energy producers are beginning to regain strength, boosting the region’s economy and potentially drawing more people into the market in search of jobs, which will help to guide prices upwards over the long term. “We are already beginning to see a number of commercial properties being snapped up, which is often a hallmark of a region on the rise.” MEDICINE HAT Vacancy rate

5.7

vs.

2016

4.7 2015

Average rent

$825 2016

vs.

$828 2015

Average home prices

$299K 2016

-0.4% CHANGE

Population

63K 2016

vs.

Employment

60K

25K

2011

5.4% CHANGE

38 NextHome.ca | SOUTH EAST

vs.

Median income

$51K

2006

2011

vs.

You pocket the monthly surplus You build equity over the long term while someone else pays down your mortgage

$296K 2015

1% CHANGE

18K

38.7% CHANGE

What many experts view as the smartest and lowest risk strategy for novice investors, this method involves buying a property, holding it for the long term (five to seven years) and renting it out. The idea is to generate positive cash flow over and above your carrying costs (mortgage, condo fees, taxes, insurance, property management fees, maintenance and advertising). You benefit in three ways:

$41K 2005

24.2% CHANGE

And eventually, when you sell, you (hopefully) gain from the value appreciation in the property

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NEW CONDOS Please you’ll match map numbers property listings. where NEW HOMES ColonialeNOTE: Estates find greatwith park spaces ghbours can gather and enjoy each other’s company, The Hickory Showhome, Coloniale Estates, Edmonton 6. energetic TRIOMPHE IN BEAUMONT 6. SOUTHFORK BEAUMONT king/biking trails for short after-dinner strolls or By: MLC Group By: Tamani Communities e rides. In winter those trails function as crossBuilders: country Trend Homes, Active Homes, Pacesetter Builders: Dolce Vita Homes, Homes by Avi, 1. COLONIALE ESTATES Homes, ChaCha Homes Innovations by Jayman, Jayman MasterBUILT By: ARW There Development Corp.5 schools in and around ng opportunities. are Location: 44th Avenue & Triomphe Boulevard Location: Highway 2A & 50th Street Builders: Mattamy Homes aumont, serving elementary and Location: 50 Street & Coloniale Wayhigh school students. 7. ROBINSON re are superb recreational facilities all aroundLEDUC and By: Beaverbrook Communities 2. DANSEREAU MEADOWS pping at the By: Montalet 1. WINDROSE Builders: Bedrock Homes, Dolce Vita Homes, Homes Anthem UnitedMall, The Edmonton International By: Landmark Communities by Sher-Bilt Builders:Nuns Caliber Master Builder, are 15 minutes port and the Grey Hospital away. Location: 61 Windrose Dr. Location: South of Rolly View Rd. on C.W. Gaetz Dr. Landmark Homes, Pacesetter Homes

Location: West of 50 St., take Rue Montalet to 60 Ave. homes are all Detached Single Family Homes 2-Car OF SOUTHFORK 2. with THE RUSHES 8. WEST HAVEN PARK By: Hunter Residential By: Melcor Developments Ltd. 3. RUISSEAU 3-Car Tandem Garages, ranging in size from 1,480 Sq. Ft. Developments Location: 401 Southfork Dr. Builders: Encore Master BuilderSantos Construction By: Qualico Communities ,681 Sq. Ft. Builders: ManyLook ofMaster theBuilder, exterior designs are Ltd., Homexx Corp. UrbanAge Homes 3. MEADOWVIEW Location: West on 50thColoniale Ave., south onEstates, West Haven Blvd. Location: South side of 50th Avenue atMattamy’s 66 Street que to this community and reflect The Hickory Showhome, Edmonton By: Qualico Communities ity to provide4.aROYAL varietyOAKS of designs to make Builders: Tristate Signature Homes, Homes by Santos, 9. WINDROSE By: Maclab Development Group Cancom Development h street moreBy:interesting. Special features Pacesetter Homes Location: Coady Boulevard & Meadowview Boulevard Builders: Bengel Custom Homes, Corona Custom Builders: Konark Homes, Cancom Homes, Infiniti h as front porches also elevate the sense Projects, Cornerbrook Custom Homes, Jacob’s Homes, Open 4. BRIDGEPORT Construction, McLean and McLean Custom Homes From Beaumont: West on Township Road riendliness inLocation: the community. 510 to East Vistas Blvd. (follow signs) From Edmonton: South on 101 St. to Township Rd. 510, east on Township Rd. 510 to East Vistas Blvd. (follow signs)

u Can Be Here In Minutes And You Can e Here Right5.Now. EAGLEMONT IN BEAUMONT

By: MLC Group Coloniale Estates, Mattamy has a selection Builders: Lenaco Homes, Active Homes, Jaya Homes, Mill Street Homes Quick Possession Homes ready for sale so Location: 50th Avenue & Rue Eaglemont and your family can live here sooner rather n later.

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

5. SUNTREE By: Maclab Development Group Due: 10/12/14 New Home Guide Publication: Builders: Cranston Homes, Areo Homes, Caliber DPI: 300 Master Builder, Homes by Sher-Built, Triumph Homes Built: 27/11/2014 – KN Location: Grant MacEwan Blvd. & Suntree Promenade

MATEDM_1018578 - Mattamy Homes_ New Home Guide_Magazine – 2 Full Pg Spread - Coloniale Estates

File Name: MATEDMONTON-1018578-MH_NHG_2FP_Mag Trim: 7.5” x 10.5”

Bleed: 0.25 x 0.25

Safety/V.O.: 0.25” x 0.25” Colours: CMYK

olf course community living has been part of your vision of ream home, then now is the time to come to Beaumont and the Coloniale Estates Sales Centre. You’ll find everything you expected from a golf course community except for thing: high prices.

Mattamy homes also come with two trees and fully ded yards, so the neighourhood is green not brown.

’ll find that Mattamy builds homes that are worthy our family memories.

Location: Exit at 50 Avenue off Hwy. 2, proceed west, then south on Grant MacEwan Boulevard to Windrose

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

The Walnut Showhome, Coloniale Estates, Edmonton

For information on all Mattamy communities, visit: mattamyhomes.com Sales Centre Hours: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm Sales Centre: 274 Reichert Drive, AB, Beaumont, T4X 0B9 Phone: 780-929-1111 Email: sls_beaumont@mattamycorp.com AUG 11 - SEP 8, 2017 39

ADVICE | NEWS & VIEWS

FINDING YOUR

SWEET SPOT LYDIA MCNUTT SENIOR EDITOR

FOR MOST HOMEBUYERS, the

search for the perfect home starts with location. When NextHome conducted our Great Canadian Real Estate Survey, we asked Canadians: what’s the most important thing you look for when buying a home? To no surprise, the most-popular response was “location.” The area you choose will dictate how much you’ll need to spend in order to buy and live there, the type of home you’ll get, your lifestyle, and your home’s future resale value, among other things. Location is also the one feature about your home that you can’t change, so it’s important to choose wisely. What makes for a great location? It will include proximity to schools, services and shopping; be a stone’s throw from work place and green space; and offer easy access to highways and public transit. But it’ll cost you. Many home hunters, particularly first-timer buyers, seek value and a good investment opportunity in “up-and-coming” neighbourhoods, which allow you to get your foot in the door at a more-affordable price point, and reap the rewards when the area comes into its own in a few years. 40 NextHome.ca | BEAUMONT/LEDUC

Vancouver-based real estate research and consulting firm, Cutting Edge Research Inc., offers these 12 questions to analyze an area’s potential: 1. Is the average income increasing faster than the provincial average? 2. Is the population growing faster than the provincial average? 3. Is the area creating jobs faster than the provincial average? 4. Does the area have more than one major employer? 5. Will the area benefit from an economic or real estate ripple effect? 6. Has the political leadership created an atmosphere conducive to economic growth? 7. Is the Economic Development Office progressive and helpful? 8. Is the area’s infrastructure being built to handle the expected growth? 9. Are there any major transportation improvements in the works? 10. Is the area attractive to Baby Boomers’ lifestyle? 11. Is there a short-term problem occurring that may be rectified in the future? 12. Is there a noted increase in labour and material costs in the area? Choosing the right location takes planning, and means balancing your lifestyle and budget. Be realistic, keep and open mind, and you might be surprised at where you end up!

HOW A PRO PICKS ‘EM In a recent Q&A with outspoken real estate developer and affectionately dubbed “Condo King” Brad Lamb, I asked him how he identifies the next “it” neighbourhood for new residential development. As a developer, his objectives are different from those of the average homebuyer, but the bottom line remains the same – finding the best value and return on his investment. Here’s what’s on his radar: “To date, I’ve worked in Montreal, Ottawa, Hamilton, Edmonton, Calgary and Toronto. One of the most important things is that the population of the city is [large] enough to support a highrise condominium marketplace, and that equates to prices in the $600-per-sq.-ft. range. The cities that we’re active in are ones that can support that number. “I also look for an active nightlife, vibrant bar and restaurant scene, and an exciting retail scene. I like to see people going out and spending money.”

+MORE ADVICE ONLINE nexthome.ca/news/advice

SHOW HOME GRAND OPENING SEPTEMBER 10 Single Family Homes from $370s Pacesetter Homes | Caliber Master Builder Duplex Homes from $317s Landmark Homes Townhomes from $325s Pacesetter Homes

e f L i o de à la

Reeling in the catch of the day at the lake. Cooling off at the spray park. Gathering friends at the ball diamond. Live a life that’s always in fashion. Live Ruisseau in Beaumont. Featuring Homes by Look Master Builder | UrbanAge Homes

Visit our showhome today. Move in tomorrow. | ruisseau-beauMont.coM

AUG 11 - SEP 8, 2017 41

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By: Carrington Communities Location: 11074 Ellerslie Rd.

By: Brookfield Residential Location: 2905 - 141 St. SW

13. CROSSROADS OF RUTHERFORD

27. AMBLESIDE IN WINDERMERE

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

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

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

14. THE SIGNATURE By: Westrich Pacific Location: 5151 Windermere Blvd.

28. LANGDALE IN WINDERMERE

15. GLENRIDDING HEIGHTS TOWNHOMES

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

By: Rohit Communities Location: 2351 Glenridding Blvd. SW

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

17. THE SANDS By: Brookfield Residential Location: 4050 Savaryn Dr.

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

30. UPPER WINDERMERE

18. BEARSPAW CROSSING

By: Beaverbrook Communities Builders: Open Location: Windermere Boulevard, west of 170 Street

By: Landmark Homes Location: 1508 – 105 St. NW

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20. LANGDALE TOWNHOMES

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

By: Rohit Communities Location: 704 - 176 St. SW

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

22. CREEKWOOD CHAPELLE

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

By: Averton Homes Location: 28 Avenue & 141 Street

33. CREEKWOOD CHAPPELLE

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

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

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

25. VISTA POINTE IN CHAPPELE GARDENS

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

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

36. AMBLESIDE SOUTH By: Qualico Communities Builders: Sterling Homes, Coventry Homes Location: Ellerslie Road & 170th Street

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

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

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

40. ONE AT KESWICK By: Beaverbrook Communities Builders: Averton Homes, Bedrock Homes, Dolce Vita Homes, Kimberley Homes, Kanvi Homes Location: Hiller Road, west of 170 Street

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

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

43. CRIMSON AT CREEKWOOD CHAPPELLE By: Qualico Communities Builders: Sterling Homes, Pacesetter Homes Location: South of Ellerslie Road & West of 141 Street

By: Brookfield Residential Location: 2905 - 141 St. SW

New Show Homes Now Open paisleycommunity.com AUG 11 - SEP 8, 2017 43

Here’s what you can do to Recycle, Renew and Reuse • Keep your car in good working order. Tune-ups and filter changes cut down on exhaust emissions, and you’ll get better gas mileage. When you change your oil, take your used motor oil to a recycling centre. • Use available transit alternatives. • Separate your garbage. Glass, aluminum, paper and even plastic can be recycled. If a recycling program is not directly available to you, contact your municipal sanitation department. • Donate reusable clothing and linens to charity. Most pick-up regularly in your area. • Become environmentally active in your community. You can make the world a better place to live... now and for future generations.

Recycle girl(15/10)-ja/ah

44 NextHome.ca | SOUTH WEST

2 BED / 2 BATH

$332k

FROM

CONSTRUCTION IS WELL UNDER WAY!

on the 12th floor

EXPECTED END OF

2018

Standing 16 stories high, the third and final tower at Signature Condominiums is taking suburban living to new heights in the much sought after neighbourhood of Windermere. Features Include: • Full concrete structure • GLASS WINDOW WALL IN MOST UNITS! • Contemporary flat paneled cabinets with soft close features • Hardwood embossed laminate • Porcelain tile flooring • Stainless steel appliances • Quartz countertops • Unbeatable location just minutes from shopping, restaurants, and the VIP theater!

sigtower.com Sales Centre: Mon -Thur 12-6:30pm Saturday 12-5pm 5151 Windermere Blvd. SW 780.803.0888 sigtower@westrichpacific.com (enter sales centre through side entrance along Ambleside Drive)

live at the centre of happy Happy means a master-planned northwest family community interconnected with greenways, water features and trails. Choose from sizable 3 and 4 bedroom homes with full basements. All at a price that will make you very, very happy.

3-4 bedroom homes

from $1490/mo

This is not an offering for sale. Such an offering can only be made with a disclosure statement. E.&O.E.

Developed by

stewartgreens.com

46 NextHome.ca | WEST

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AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 47

STAGE 12 LOTS AVAILABLE FOR CONSTRUCTION! MANY WALKOUT AND AMENITY LOTS AVAILABLE! Edmontonâ&#x20AC;&#x2122;s most popular and exciting Craftsman inspired community. Nestled on 305 acres in West Edmonton, Granville features plenty of green space and trails, 2 beautiful ponds, charming masonry features including an old world bridge, a new K-9 school site, numerous amenities nearby including Costco within walking distance, and convenient proximity to the Whitemud and Anthony Henday freeways. Choose from an apartment style luxury condo (starting in the $300's), an executive duplex (starting in the $440's), a single family home (starting in the $440's), or a refined estate home (ranging from the $650's to $1.5 million).

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DUPLEX SHOW HOMES

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SINGLE FAMILY SHOWHOMES

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2015 Awards of

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WWW.MYG R ANVI LLE.COM PROUDLY PRESENTED BY ALLDRITT LAND CORPORATION LP

2016 Awards of

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2017 Awards of

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TRENDING

WELL, THAT DIDN’T TAKE LONG… THE BANK OF CANADA (BOC) raised the target for

its overnight lending rate for the first time in seven years on July 12. The same day BoC increased its rate 0.25 percentage points, Canada’s five major financial institutions quickly followed suit.

How will this affect Canadians? Consumers with loans based on the prime rate will have to pay more interest on money borrowed for such things as variable-rate mortgages, home equity lines of credit, student loans and lines of credit.

OVERNIGHT LENDING RATE

.50% to .75%

Bank of Canada

CANADIAN PRIME INTEREST RATE

2.70% to 2.95%

Scotiabank, TD, RBC, CIBC, BMO

FIRST-TIME BUYER STRESS HAVING LITTLE IMPACT ON PURCHASING BEHAVIOUR AN ASSESSMENT OF HOW consumer attitudes impact

homebuying decisions reveals that Canadians have measured optimism for the housing market and the economy. However, exceptions to this view are seen among new homebuyers in hot housing markets such as Vancouver and the Greater Toronto Area, which are influenced by local market conditions, according to a recent study by Mortgage Professionals Canada’s chief economist, Will Dunning. New homebuyers in the GTA and Vancouver have the highest stress levels around home purchasing decisions and are least optimistic, while those in Atlantic Canada and Quebec have the lowest levels of stress and are most optimistic. Canadians generally consider mortgages as “good debt” with recent homebuyers most positive. MORTGAGE STRESS TEST NOT REDUCING DEBT

The federal government introduced the mortgage stress test last October as a way of reducing household debt by assessing whether borrowers can afford mortgage payments at higher interest rates. Rather than decreasing debt load, the stress test is driving some consumers to uninsured lending options with sometimes significantly higher interest rates, thereby shifting the debt load of the most vulnerable consumers away from the stability of mortgage insurance.

50 NextHome.ca | WEST

FAILED THE STRESS TEST? The survey asked consumers who do not meet the stress test eligibility criteria how they would proceed. Most respondents indicated they would either buy a less expensive home, or increase their down payment by:

31%

RRSP withdrawal

16%

get a loan from a financial institution

43%

delay their purchase

30%

seek help (gifts or loans) from family

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NEW CONDOS

SPRUCE GROVE

1. EDGEWATER VILLAS By: Lang Built Homes Location: Just off of Harvest Ridge Drive

2. ALTIUS MCLAUGHLIN By: Streetside Developments Location: 50 McLaughlin Drive

3. HERITAGE CREEK By: The Christenson Group Location: 50 Heatherglen Drive

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

5. HAWTHORNE AT HEATHERGLEN By: Qualico Communities Builders: Alquinn Homes, City Homes Location: West Grove Drive & Meadowland Way

6. SPRINGATE AT SPRUCE RIDGE By: Qualico Communities Builders: Sterling Homes, Alquinn Homes Location: Grove Drive & Spring Gate

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

STONY PLAIN 8. KENTON VILLAGE By: Beaverbrook Communities Builders: Alquinn Homes, Bedrock Homes, San Rufo Homes, and Cami Comfort Homes Location: Century Road, south of Hwy. 16 at Vanderbilt Common

9. THE WOODS AT KENTON By: Beaverbrook Communities Builders: Alquinn Homes Location: Century Road., south of Hwy. 16 at Vanderbilt Common

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

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

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

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

3. SILVERSTONE By: Qualico Communities Builders: ReidBuilt Homes Location: South on Boundary Road at 44th Avenue

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

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

13. MCLAUGHLIN By: Melcor Developments Ltd Builders: Bedrock Homes, Look Homes, Pacesetter Homes Location: Westgrove Drive & McLaughlin Drive

AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 51

SUCCESS OF EDGEWATER VILLAS PROMPTS LAUNCH OF SECOND PROJECT BY HEATHER RYAN

IF YOU’VE REACHED THAT STAGE in life where your kids are grown and you desire a maintenance-free lifestyle giving you freedom to relax, play and travel without comprising on luxury, space and style then you’ll want to visit EdgeWater Villas in Spruce Grove. Created by Lang Built Homes, EdgeWater Villas is an exclusive adult community comprised of 26 estate bungalow villas providing an outstanding opportunity to slow life down, enjoy a lock-it and leave-it lifestyle and connect with other people with similar interests. Designed with empty nesters, snowbirds, and baby boomers in mind

these upscale semi-detached homes have proven so popular that just one model – a 1,308-sq.-ft. Cambridge – is available prompting the builders to launch another phase directly across from this successful project. “The first location was very desirable and the response was so tremendous that we’ve decided to do an Edgewater Villas II and this next development’s location is outstanding as well,” says Klint Langstaff, owner of Lang Built Homes with wife Tamara. “This second project will also include 26 villas offering the same quality, features and design as the first. “What people love most about these

villas is the lifestyle, which gives them the freedom to travel,” he says. “They also love that we can custom build to suit their needs so with this likely to be the last home they’ll have we can make their dream happen…they’re a great investment.” EdgeWater Villas present fabulous curb appeal with long driveways, frontattached 20- by 24-ft. garage, huge front veranda where you can relax and greet neighbours and beautiful landscaping. Inside, double French doors open to a den/bedroom off the foyer with an open kitchen, dining and great room as well as master bedroom all at the rear of the

Adult Living at it’s Finest home and offering expansive windows to take advantage of the park views and create a bright and grand feel. The well-appointed features include premier ¾-inch engineered hardwood and tile floors, granite countertops throughout, large kitchen highlighted by a 9-ft. island with bar seating, pantry and tile backsplash incorporating little windows letting in more natural light, main-floor laundry and spacious master bedroom with walk-in closet and inviting ensuite with soaker tub, dual sinks and walk-in shower.

decks (walkouts have covered patios), and park and/or water feature views. EdgeWater Villas is conveniently located in Harvest Ridge close to pathways, shopping and easy access to major highways. Along with the Cambridge there are two other models – 1,230-sq.-ft. Windsor and 1,417-sq.-ft. Balmoral – and all three come with finished basements that adds more than 850 sq. ft. to the space and includes a rec room and two more bedrooms. The rear of the home features covered

For more information, visit the showhome at 17 Harvest Point, open Monday-Wednesday 3-6 p.m., Thursday 3-8 p.m., weekends 12-5 p.m. (closed Fridays and long weekends), or call 780-722-6496 or 780-700-9225, or visit www.langbuilthomes.com.

It’s NEW… And It’s OPEN!! 17 HARVEST POINT, Spruce Grove

Adult Living at it’s Finest Edge Water Villas is the perfect lifestyle choice for many buyers looking for low maintenance, carefree living in a great location.

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HOLD AVAILABLE LOTS

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Edge Water Villas provide the flexibility of lock and leave living, ideal for snowbirds, empty nesters, retirees, travellers and business people alike. Leave the shovelling and mowing behind and move to a maintenance free Villa.

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SHOW HOME HOURS: Monday – Wednesday 3:00 – 6:00 Thursday 3:00 – 8:00 Saturday & Sunday 12:00 – 5:00 We invite appointments as well Closed long weekends and Holidays

NEW PROJECT… RESERVE YOUR LOT TODAY. Only one unit remaining at Edgewater Villas!

Please call for more information 780.700.9225 | 780.722.6496 17 Harvest Point www.langbuilthomes.com

s s e n i Happ Where

COMeS hOMe

NEW K-9 School Coming to the Neighbourhood! A world of outdoor fun and recreational facilities outside your door. A beautiful, affordable home to call your own. Springate is where happiness comes home. • Parks, Trails & Playgrounds • Close to Tri Leisure Centre & Schools • Shopping Centres & Restaurants Now selling in the final phases. Visit our showhomes today. Featuring:

AlquiNN HomeS SterliNg HomeS

SpringateSpruceGrove.com

Save $4,000 on your Lot* up to

* Visit the showhomes today for more information. Limited time and quantity. Some restrictions apply.

Homeowners rely on Reliance™ for heating, cooling and water heating

When it comes to home heating, cooling and water systems, many Canadians have come to rely on the expert services and quality products provided by Reliance Home Comfort. In business for more than 50 years, 1.7 million customers in cities from Vancouver to Ontario have chosen Reliance whose core value is “We’re not comfortable until you are.” “That’s our company’s motto and it’s what makes us different than others in the industry,” says Daniel Murphy, Director of Builder Markets. “We’re a big believer in customer service and we’re proud to be recognized by Waterstone Human Capital as one of Canada’s 10 Most Admired Corporate Cultures because of our high standards and customer service.” “We’re also different in that most of our customers rent our products,” he explains. “If they rent the equipment (such as a water heater, furnace, air conditioner or water filtration) they never have to worry about it…we provide peace of mind because there are no unexpected costs they have to face.” “We fix the equipment, provide regular maintenance and, eventually things wear out and break, so we replace them at no cost to the customer,” Daniel says, adding they have a solid team of professionals who service the equipment and respond “efficiently 56 NextHome.ca | SPRUCE GROVE/STONY PLAIN

and quickly” to calls to ensure customers are comfortable in their homes and have hot water when they need it. Reliance is a member of the Canadian Home Builders Association – Edmonton Region and works closely with home builders to offer rental services to home buyers. By renting instead of purchasing the systems, homebuyers can have the highest efficiency systems available and save on the capital cost of the equipment; capital that can then be used on upgrades or spent elsewhere. Reliance The Furnace Company (formerly The Furnace Company) and its team members have been servicing Edmonton and surrounding communities for the past 15 years. As well, Reliance has also operated in Calgary for close to four years, and, Daniel says, they’re pleased to have entered the U.S. market a few months ago in Atlanta, Georgia. For more information on Reliance Home Comfort, visit the website at reliancehomecomfort.com/ edmonton.

TM “Reliance”, “Reliance Home Comfort”, “Home Team Advantage”, “We’re not comfortable until you are” and the Reliance Home Comfort logo are trademarks of Reliance Comfort Limited Partnership.

This is what never This ispaying what never paying another repair another bill couldrepair bill could feel like. feel like.

Discover the benefits of rentingthe your water heater. Discover benefits of renting your water heater.

Homeowners in Alberta have traditionally owned their water heaters. So why change Homeowners Alberta traditionally owned their water™heaters. So why change you enjoy peace of mind now? When youinrent withhave Reliance The Furnace Company ™ now? When you rent with Reliance The Furnace Company you enjoy * peace of mind knowing that you’re covered for most repairs or replacements costs. * knowing that you’re covered for most repairs or replacements costs.

Discover why 1.4 million homeowners rent their water heaters with Reliance. Discover why 1.4 million homeowners rent their water heaters with Reliance.

Ask your builder builderfor formore moreinformation information today, Ask your today,

or call call us usat at1-866-678-0268. 1-866-678-0268.

* Subject to terms conditions. “Reliance”,“Reliance “Reliance The The Furnace Company”, The Furnace Company logologo are trademarks of Reliance Comfort Limited Partnership. * Subject to terms andand conditions. ™™“Reliance”, Company”,and andthe theReliance Reliance The Furnace Company are trademarks of Reliance Comfort Limited Partnership.

DESIGNER ADVICE

CABIN

fever

story by YANIC SIMARD photo by TED YARWOOD

Whether or not you can find the time for a true getaway this summer, you can infuse some R&R into your decor to enjoy on the regular. To get the best of recreational living, even in your urban abode, here are some tips for achieving that relaxed, casual aesthetic. Whiter shades of pale: It’s hard to imagine a summer-inspired colour scheme without the calming essence of clean, fresh white. • For an earthy, Zen atmosphere, pair white with off-white neutrals (greys, beiges or both) and let texture and materials become the focus, recalling the simple beauty of sandy shores and pebbled paths. • For a livelier nautical vibe, blue is an obvious favourite. In general, a summer-inspired look tends to feature a simple palette, so pick one hue to repeat it from room to room. 58 NextHome.ca | SPRUCE GROVE/STONY PLAIN

CC-640 Blue Grass

2064-50 Costa Rica Blue

CC-636 Mountain Air

{

}

SHADES OF SUMMER

TIP: If you want a little extra punch in a key area, try small pops of red.

Deep woods: Wood is the first material I think of when it comes to “summer” style – but you must know how to use it right. • To create a feeling of consistency, run wood floors throughout – even into the kitchen. When treated property, wood can survive spills. Opt for wood with visible graining and rustic character. • Plank walls have that cabin look, but unless you live on the water, you may find it overwhelming. Paint it white or a pale colour to maintain an airy, relaxed vibe, or opt for an espresso stain and break up the wood with white accents, such as art and drapery. Soft and strong: Seating in a cottage-inspired home tends toward two timelessly practical (and beautiful) categories: wood and slip-covered. • Sturdy wood bars tools, dining chairs and benches bring in a sense of natural strength, and their open frames allow for an airy and relaxed look. • Slip-covered furniture is practical for its ease of washing and for the ability to swap out looks between seasons. Plus, a skirted front on a sofa or chair communicates a relaxed summer vibe, especially in a heavy natural fabric like a linen blend. Everyday beauty: Showcase beautiful plates, vintage serving ware, and favourite pots and pans. • Open shelving is a popular trend which suits rustic spaces. However, if you prefer to keep your storage behind closed doors, consider varying the heights of your cabinets – this creates neatly framed niches at the ceiling where you can display favourite items. • If you have precious plates you won’t use often (or even favourite ones that you do!) an artful wall arrangement over your dining table makes a classic cabin-inspired display. Choose all white pieces if you want to keep the look clean and modern. Similarly, cool copper pots hanging on an open rack make a trendy, metallic statement between recipes.

Yanic Simard is principal designer of award-winning, boutique design firm TIDG and regular design expert on City’s Cityline. Visit tidg.ca, and follow him on Twitter at @yanicsimard AUG 11 - SEP 8, 2017 59

p TO SAvE u

$25,000 ON YOuR L OT *

Silverstone - with the modern amenities you want, but away from the noise. You are sure to discover family living at its best. AFFORDABLE SINGLE FAMILY HOMES FROM THE LOW $400'S** * Some restrictions apply. Visit showhome for details. ** Prices subject to change.

SHOWHOME NOW OpEN 231 Silverstone Crescent, Stony Plain Silverstone-Stonyplain.com

Save up to $15,000 on your lot* Beyond the walls of your stunning new home lies an oasis like no other. A community where you can truly enjoy the best life has to offer. • • • • •

Park Land & Pond Environmental Reserve Schools, Parks & Walking Trails A New Skating Rink & Playground Duplex style homes starting from $295,000**

Visit our showhomes to choose your retreat! Featuring: Coventry Homes & Sterling Homes

* Some restrictions apply. Visit showhome for details. ** Prices subject to change.

60 NextHome.ca | SPRUCE GROVE/STONY PLAIN

westerrastonyplain.com

ADVICE | MORTGAGE INTEL

4 QUESTIONS TO ASK YOUR MORTGAGE BROKER

ALYSSA FURTADO BEFORE SHOPPING FOR A HOME,

you should get a mortgage preapproval. Getting one is a great start but it won’t guarantee you’ll get the best mortgage rates. To ensure you’re getting the lowest mortgage rate, you should use a mortgage broker. A broker shops your application around to a variety of lenders before picking one with the lowest rate and the best terms. However, finding a broker is similar to finding a real estate agent. You want the best, but how do you know who’s right for you?

QUESTIONS TO ASK YOUR MORTGAGE BROKER:

have one lender to choose from. However, brokers work with a number of lenders, which allows them to pick the lender who works best for your situation. Although brokers work with many lenders, they tend to do the majority of their business with just a few of them. That gives them the ability to get lower rates and volume discounts that are passed on directly to you. Brokers can provide you with a list of the lenders they work with, including the ones they use the most.

“

Your mortgage broker should be able to tell you why you do or don’t qualify for the lowest rate

1. HOW LONG HAVE YOU BEEN A BROKER?

If you’re a newcomer or a first-time homebuyer, you want someone with a lot of experience in the industry, who can recommend the best product for your situation instead of a standard five-year fixed mortgage. If a shorterterm mortgage is better for you, you’ll want a broker who will recognize what’s ideal for your circumstances. 2. HOW MANY LENDERS DO YOU WORK WITH?

If you get a mortgage from your financial institution, you’ll only 62 NextHome.ca | SPRUCE GROVE/STONY PLAIN

”

3. WHAT’S THE APPLICATION PROCESS?

As we move away from faceto-face communications, you should use a broker whose communication style is similar to yours. Do they prefer to communicate via phone, in person or through email? Do they accept electronic signatures or prefer that you come in to sign documents? Your broker should take you through the steps to ensure the mortgage is suitable for you and explain anything you don’t understand. The way they communicate this to you should

be in a way that you’re most comfortable with so the whole mortgage application process runs smoothly. 4. HOW ARE YOU PAID?

You don’t have to pay mortgage brokers for their services, but keep in mind they don’t work for free. They’re paid by the lender who takes on your mortgage and the broker’s commission is usually between 0.5 and 1.2 per cent of the mortgage amount. Also, if the mortgage term is longer, they get paid a higher commission. Your broker should explain how he or she is paid. THE BOTTOM LINE

When you’ve found a mortgage broker you like, you can start the mortgage application process. Once you’ve been pre-approved, compare the mortgage rate quote you receive with the best rates. If it’s different, ask why. Your mortgage broker should be able to tell you why you do or don’t qualify for the lowest rate. If you’ve chosen the right broker, their answer should be clear.

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

+MORE ADVICE ONLINE nexthome.ca/news/advice

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The Harmony THE PERFECT BALANCE OF DESIGN, AFFORDABILITY AND LOCATION

ost people today are looking for some sort of balance in their lives. Whether that’s finding work/life balance or balancing time with family and time with friends, very few people have perfect harmony in their lives. So for those seeking balance between where they live and affordability need to look no further than P2000 Development’s new project, The Harmony in northwest Edmonton. Located in the newly established community of Baranow, The Harmony is perfectly located for anyone who likes having lifestyle and professional amenities within walking distance. There are four grocery stores nearby, along with a YMCA, rec centres, golf courses, Londonderry Mall, restaurants, cafes, pharmacies and more. It’s also close to Christy’s Corner and the shops at Skyview Power Centre. “We’ve been holding on to this land for five years now. It’s such a great location and we wanted to build something special here,” says David Phan of P2000 Developments. They build one project at a time, and wanted to make sure the time was right and community was established for their homebuyers. Phan: “Everything is already there, so it’s a very attractive location.” Of course, location is not the only thing Phan focusses on. “We also wanted to build something with a beautiful exterior,” David Phan explains. He continues: “Something that’s pleasing to the eye, first and foremost.” That includes The Harmony’s wrought iron fencing around the building and stone pillar accents. Gone are the typical vinyl or stucco exterior, and instead the building features hardie boards that are water and hail resistant. Phan also has a keen eye on green building practices, and is installing a metal roof on The Harmony—something typical for commercial not residential buildings. “Basically, you don’t need to replace the roof in the building’s lifespan, so we’re not using resources that need to be replaced in the future.” There are LED lights throughout to reduce energy consumption and R40 rooftop insulation that can reduce building energy costs by up to 40%. The Harmony has modern bachelor, one-bedroom, one bedroom + den and two-bedroom suites that range from 463 sq. ft to 915 sq. ft. (One unique feature of the bachelor condos are built-in, custom Murphy bed). All suites have quartz countertops in the kitchen and bathrooms, stainless appliances, and luxury vinyl board flooring throughout (with a lifetime warranty). The custom-made kitchen and bathroom cabinetry are two-toned and come with soft-closing hinges. French doors separate the suites from the balconies, and are designed to keep in the heat during the winter. Plus, all suites come with window coverings and in-suite washer and dryers. Suites range from $173,000 to $300,000, and preselling starts this October. Move in is expected to begin in mid-2018.

For more information about The Harmony, visit theharmony.ca or visit the sales trailer onsite at 14904 – 125 Street NW Edmonton

ADVICE | INSIDER INSIGHT

QUESTIONS TO ASK ABOUT BUYING A BRAND NEW HOME

DEBBIE COSIC

AS THE FOUNDER of a brokerage

that sells new homes and condos on behalf of builders, I see the merits of buying new construction daily. If you think I am biased, you’re right – I am. But rather than spewing out a bunch of boring facts about why you should buy new, ask yourself the following questions and decide for yourself. Are you concerned about the environment? Virtually no older home or condo will offer the same standard of efficiency, as only newly built residences are required to meet the latest national building code standards for energy efficiency and consumption. Do you want a “turn-key” move-in experience? Buying new means you’ve selected all your favourite colours, finishes and fixtures in advance of construction. When you open the door on movein day, your home should be in brand-new, ready-to-live-in condition. There should be no need to spend time or money on home improvements, except for decorating – that’s the fun part! 68 NextHome.ca | NORTH WEST

Do you like the idea of having a home warranty? Coverage for new homes and condos is done by province. Standard home warranties vary, but they generally protect you against issues such as delayed closings, defects in construction including basement foundations and structural issues, and more. Yes, many older homes were built to last, with incredible workmanship and sturdy materials, but new homes take advantage of the latest advances in materials, technology and construction standards, and products are covered by a manufacturer’s guarantee.

“

It’s an investment in our economy and our future.

”

Do you like the idea of choosing the lot and view? If so, then when a new community or phase is released, try to get in to buy as early as possible, to pick your preferred view and the floor you want to be on in the case of a condo. When buying lowrise, many people have a preference as to whether their home catches more of the morning or afternoon sun, so buying new is your opportunity to decide. There is a site plan at the builder’s sales office to review as part of your

selection process. This is a distinct advantage that you do not have in the resale home market. Do you want a competitive advantage in the real estate market? Inventory in the resale market has dwindled considerably in many areas over the last few years. New construction can be a great alternative, as you’ll see from the selection in this magazine. Keep in mind, you’re looking at a waiting period of up to 18 months to build a new home, and up to four years or more in the case of a condominium. You’ll need a place to live during construction. Make sure it’s flexible, as occupancy dates can change. That longer waiting period means your down payment structure will be spread out, allowing you more time to save up for a larger down payment. There are lots of advantages, but I can’t fit them all into this space! What does buying from a trusted builder mean for Canadians? It’s an investment in our economy and our future. Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

HOT PROPERTIES / EDMONTON AREA

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TOP LIST

YOUR GUIDE TO EDMONTON’S BEST FOOD TRUCKS BY GENE KOSOWAN

IF YOUR TUMMY’S RUNNING ON EMPTY, a four-

wheel food frenzy is your ticket to sate that appetite. Edmonton’s 30 or so food trucks are locked and loaded to hit prime spots this year, from farmers’ markets to festivals. To keep tabs on who’s running and serving every day, download the Street Food Edmonton app or visit them online. Truckin’ Top 3 Feedback compiled by Street Food Edmonton produces rankings of food trucks in the city, listed according to popularity. While the results change regularly, the top three contenders are usually quite consistent. Drift, which boasts an array of sandwiches from standard roast beef to buttermilk-fried chicken, draws a crowd on a regular basis. Not to be outdone is Bully, whose crowd favourite is an in-house mac ‘n’ cheese dish that’s more delectable than the corporate boil-from-the-box variety. Hot on Bully’s heels is La Poutine, serving.... guess what? Motorin’ for meat There’s no denying that in the land of prime AAA beef, you’ll get more than your share of bovine served up by Edmonton food trucks. Take your pick of barbecued brisket southern sliders from Sloppy Hogg’s, a doublepattie, double-cheese and double-bacon burger from Bubba’s, or a super-stacked burger with a crunch from Jack’s Mobile Burger Shack. Try not to overlook other carnivorous offerings, including fall-of-the-bone ribs from Smokehouse

BBQ, sumptuous satays from Sizzling Stick and duck, kangaroo and alpaca burgers from The Crooked Fork. Ethnic engines On any good day during the summer, you have the chance to get a taste of the world without ever having to venture a block away from the first food truck you hit. It wouldn’t be Edmonton without a few Ukrainian trucks, including Baba Finks and The Purple Pyrogy. You’ll find no shortage of Latin fare from the likes of Calle Mexico, Hola La Taco and La Chula, and Asian cuisine courtesy of Rapscallions and Lemon Grass Grill. Mediterranean offerings are served up by Dedo’s and Little Village, and don’t miss selections from Explore India, and Argentinean meaty morsels from Mr. Chimi Churri. Anyone for dessert? Still not quite full? Hold your breath for some waffle on a stick from Blue Giraffe, a choice of a dozen ice cream flavours (including root beer) from The Da Vinci Cone, maple bacon donuts from Jackie O’s or rolled (yes, rolled) ice cream from Scoop ‘n’ Roll. It’s no doubt that Edmonton’s food truck industry is competitive, made even more so by the fact that weather permits them to operate for only half the year. But with that competition comes a great deal of selection, original recipes and tasty treats. While Edmontonians are happy with the options, many are hoping for an extended summer – if only to keep the trucks operating for at least a few more weeks.

This content was originally published at YP.ca. Read more YP travel tips and city guides at yp.ca/tips 70 NextHome.ca | NORTH EAST

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2. ASPEN PARK

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

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

By: Rohit Communities Location: 100 Axbridge Gate

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

4. REFLECTIONS By: Christenson Group Location: 111 Festival Way, sales centre 5001 Eton Blvd.

4. SOUTHFORT MEADOWS

5. ASPEN TRAILS DUPLEXES

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

By: Rohit Communities Location: 100 Axbridge Gate

5. SOUTHFORT ESTATES

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

6. FOREST RIDGE IN WEST PARK

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

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

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6. ASPEN TRAILS/ EMERALD HILLS

7. ARDROSSAN HEIGHTS

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

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

7. WEST WOODLANDS

8. LAKELAND RIDGE

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

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

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

AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 71

Get involved with Sage! Sage is a non-profit seniorsâ&#x20AC;&#x2122; serving organization, offering a wide range of programs that enhance the quality of life for seniors in Greater Edmonton. Get involved with Sage! Take advantage of the many resources, programs and services. Explore a variety of volunteer opportunities. Consider supporting at-risk seniors by making a charitable donation. Sage has been serving seniors in your community for over 40 years.

Visit www.MySage.ca or call 780-423-5510!

HOME forEVERY PHASE Wake up to your nexthome!

Our newest phase is now selling!

Creeks, ponds, playgrounds, parks, and an urban forest. Stunning homes for all life’s phases. SummerWood is a community that always fits — that fits all ways. Duplex Style Homes by Pacesetter Homes & Rohit Communities Single Family Homes by Jayman BUILT & Pacesetter Homes

Come grow with us. Visit our NEW showhomes in SummerWood North today!

SummerWoodSherwoodPark.com

Your nexthome is waiting.

AUG 11 - SEP 8, 2017 73

Colour Outside the Lines… By C. Marie Hebson

his is one of my favorite ways to design – thinking out side the box. If you need to label this then the general styling of this is a Boho Chic look. Boho is whimsical, fun, wild, with bold hits of colour, texture and pattern. There is no set rules other than to know when to pull back and when to push boundaries. Designing outside the lines is a mind set and it is as individual as we are, it is the interior designer’s expertise to find out what turns you on, and what doesn’t. Be wild, carefree – design your space and colour outside the lines!

5 1. Scale of Pattern Taking the green as a neutral and mixing small with large patterns takes a seasoned professional or a good friend that knows patterns, like a quilter. Becareful though, I’ve seen many a quilted look in an interior space that just doesn’t transition well into interiors. What you’d be happy to live with in a throw blanket, doesn’t always relate back well into a living space!

2. Artwork Investing in artwork you love can elevate a space from great to fabulous with just one painting. Shown here is a Work in Blue, which then is repeated down into the space in your upholstered furnishings. What keeps this interesting is the mixture blues used.

3. Whimsy We’ve talked about whimsy before, rather than be so ridged with your paint lines, why not wing it! Look how amazing this looks in a childs bedroom – so what if the lines don’t match up perfectly, this is a very cool look, and can be applied in a variety of style genres and room types. 74 NextHome.ca

4 4. Go Bold Wow, this dining room packs a punch! Don’t be afraid to mix your colour palette in smaller upholstered items like your dining chairs. Makes a statement rather than the typical sea of beige and gray.

5. Area Rug Shown here is a more traditional area rug pattern using a bold colour palette. This would be your inspiration point and you’d build a room from this item. Use unique accessories to make your space feel pulled together, if you can’t find the exact colour – then paint them to match! Shown here are a compilation of items found online to compose her article. Should you want information on any of these products, don’t hesitate to contact our design studio.

AUG 11 - SEP 8, 2017 75

WEB DIRECTORY

HOME BUILDERS Aacropolis Homes Alldritt Homes Artisan Homes Inc.

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Averton Homes

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Bedrock Homes

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Boss Homes

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Brookfield Residential

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Caliber Master Builder

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Cameron Homes Inc. Cami Comfort Homes Canyon Spring Master Builder Celebration Homes Cobblestone Master Builder Compass Rose Homes Inc. Coventry Homes Daytona Homes Master Builder Design Innovations DKH Homes Dolce Vita Homes LP Encore Master Builder

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Enitity Homes

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Fekete Homes

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Green Living Homes Gannet Homes Master Builder Homes by Avi Homes by Santos Construction

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Homexx Corporation

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Hopewell Residential

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Iconic Estate Homes Infiniti Master Builders Innovations by Jayman Jayman MasterBUILT Kimberley Homes MacLachlan & Mitchell Homes Marco Antonio Homes Mattamy Homes Montorio Homes Pacesetter Homes Perry Signature Homes Inc.

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Pompei Homes

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ReidBuilt Homes

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Rohit Communities

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Sterling Homes Edmonton Ltd.

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Urbanity Custom Homes Ltd. Vicky’s Homes White Eagle Homes Ltd 76 NextHome.ca

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BUILDER/DEVELOPERS/COMMUNITIES Abbey Lane Homes Addison Condos Allard in Heritage Valley by MLC Group / JCA Financial Allard Heritage Valley by Anthem United Alpine Ridge in Terrace Heights by Qualico Communities Ambleside in Windermere Anthem United Beaverbrook Communities Brass III Brookfield Residential Californian Parkland Cameron Communities Canada Lands Company Canterra Developments Corp. Carrington Communities Cascade Luxury Condos Cavanagh Centurion Townhomes Chappelle Gardens by Brookfield Residential Christenson Developments Ltd. Coventry Homes

abbeylanehomes.com theaddisonoffwhyte.com allard.ca allardheritagevalley.ca alpine-ridge.ca amblesidewindermere.ca anthemunited.com beaverbrook.ca brass3.com livebrookfield.com vipliving.ca cameroncommunities.ca villageatgriesbach.com canterradevelopments.com carrington.ca cascadecondos.ca liveincavanagh.com centuriontownhomes.com chappellegardens.com cdlhomes.com coventry-homes.com

Creekwood Chappelle

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Crimson in Creekwood Chappelle by Qualico Communities

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Cy Becker by Qualico Communities Dansereau Meadows by Anthem United Daytona Homes Master Builder Desrochers Villages by MLC Group Dream Development Eaglemont by MLC Group

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Edgemont by Brookfield Residential

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Edgewood in Morinville

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Encore Tower Footprint Developments Forest Ridge by Qualico Communities

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Fox Two

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Fraser Vista by G3 Developments/Lamont Land

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Genstar Development Company

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Glenridding by Anthem United Glenridding Heights by Qualico Communities Glenridding Heights by Rohit Land Development Grande Design Homes

glenridding.ca LiveInGlenriddingHeights.com glenriddingheights.com grandedesign.ca

AUG 11 - SEP 8, 2017â&#x20AC;&#x192; 77

WEB DIRECTORY Granville by Alldritt Land Corporation Graydon Hill by MLC Group Greenbury by Beaverbrook Griesbach by Canada Lands Grovenor Manor Harvest Ridge by Lamont Land Hawks Ridge at Big Lake Hawthorne at Heather Glen by Qualico Communities Homes by Avi

mygranville.com graydon-hill.com greenbury.ca villageatgriesbach.com grovenormanor.com harvestridge.ca hawksridge.ca hawthornesprucegrove.com homesbyavi.com

Hopewell Residential

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Keswick on the River

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Kenton Village by Beaverbrook Lake Summerside by Brookfield Residential Landmark Group Lang Built Homes Langdale in Windermere by Qualico Communities Laurel Crossing by Qualico Communities Laurel Green by Dream Development Maclab Development Group Manning Village by Â Cameron Communities Maple Crest by Dream Development McConachie by Walton Development & Management L.P. Meadowview by Qualico Communities

kentonvillage.ca lakesummerside.com landmarkgroup.ca langbuilthomes.com langdale-windermere.com laurel-crossing.com livelaurelgreen.ca maclabdevelopment.com manningvillage.com livemaplecrest.com mcconachie.ca liveinmeadowview.com

MLC Group

livemlc.com

Montalet by Anthem United

montalet.ca

Morningside Properties Newcastle by Qualico Communities ONE at Keswick by Beaverbrook

mymorningside.com newcastle-edmonton.com oneatkeswick.ca

ONE at Windermere by Beaverbrook

oneatwindermere.com

Paisley at Heritage Valley by Brookfield Residential

paisleycommunity.com

Park Homes

parkhomes.ca

Parkwood Master Builder

parkwoodmasterbuilder.com

Prescott by Beaverbrook

liveinprescott.ca

Qualico Communities Reid Worldwide Corporation Robinson by Beaverbrook Rohit Communities Ruisseau by Qualico Communities Secord Chalet Secord Corners

qualicocommunitiesedmonton.com rwwc.ca LiveInRobinson.ca rohitcommunities.com ruisseau-beaumont.com secordchalet.com secordcorners.ca

Secord by Hopewell Residential

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Sienna by Qualico Communities

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Silverstone by Qualico Communities

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Solara at Skyview Solstice at McConachie by Brookfield Residential SouthCreek by Qualico Communities South Pointe by MLC Group South Ravines by Qualico Communities Springate at Spruce Ridge by Qualico Communities Stafford Greens

solaraliving.ca solsticeliving.ca southcreek.ca south-pointe.ca SouthRavines.com springatesprucegrove.com staffordgreens.com

Starling at Big Lake by Rohit Land Development

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Strata Developments

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SummerWood by Qualico Communities Suntree by Maclab Enterprises Symphony Tower Tamarack by Dream Development Tamarack Common by Qualico Communities The Club & Residences of River’s Gate by Beaverbrook

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The Estates at Waters Edge

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The Hills at Charlesworth by Beaverbrook

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The Leger The Orchards at Ellerslie by Brookfield Residential The Rushes of Southfork

brass3.com theorchards.ca rushesofsouthfork.ca

The Signature

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The Vermillion

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Tessco Incorporated

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Triomphe by MLC Group Trumpeter by Anthem United Ultima Upper Windermere by Beaverbrook Vita Crystallina Nera Villas on the Ravine Walker Summit by Anthem United Walton Development and Management L.P. Westerra by Qualico Communities WestPointe of Windermere Windrose by Maclab Enterprises Woodhaven - Edgemont The Woods at Kenton by Beaverbrook

triomphe-beaumont.com trumpeterbiglake.ca ultimatower.ca upperwindermere.com liveatvita.com villasontheravine.com walkersummit.ca walton.com westerrastonyplain.com westpointeofwindermere.com liveinwindrose.ca woodhavenedgemont.com woodsatkenton.ca

RELATED BUSINESS Canadian Home Builders’ Association - Alberta Edmonton New Home Guide Canadian Home Builders’ Association – Edmonton Dangie K-9 Service Inc. Your Condominium Security Specialists

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WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

MAKING SENSE OF RISING INTEREST RATES

CANADIANS GET CREATIVE TO BUY RECREATION PROPERTY

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RISKS AND REWARDS OF BUYING PRE-CONSTRUCTION

HOW TO SPOT A GOOD (AND BAD) HOME BUILDER

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COVER STORY

BEDROCK HOMES: YOUR DREAM HOME IN A COMMUNITY YOU’LL LOVE the community. Bedrock’s new showhome within Rosenthal features a desirable walk-out design – and there are numerous walk-out lots available for homebuyers to choose from. Bedrock Homes are also featured within Arrive at Allard, a unique southwest Edmonton development with duplex bungalows that include a 46- to 50-ft. RV garage complete with a 14-ft. door. These homes are not only great for RV storage, but can also be used for housing boats and other recreational vehicles. Only 15 of these homes remain, so don’t miss your chance to own one of these convenient new bungalows. Additional new showhomes will be opening in many communities, including Aurora at Walker Lakes, which will launch its new showhome on Sept. 16; Webber Greens, where a new showhome is set to open in midOctober; and Prescott in Spruce Grove, which will have a new showhome in late October. The Bedrock Homes BEDROCK HOMES INVITES YOU TO EXPLORE their

team also has plans to expand into the communities of

beautiful homes featured within some of Edmonton’s

Woodbend in Leduc, Jesperdale in Spruce Grove, and

most celebrated communities. Constructed with

Liberty Landing in Red Deer in 2018.

exceptional craftsmanship and expertly designed floor

Bedrock Homes is proud to announce that they

plans, each Bedrock home provides homeowners

are now the Preferred Homebuilder of the Edmonton

with quality finishings and ultimate functionality. With

Eskimos football team! To celebrate, a special contest

a variety of home styles and sizes to choose from,

has launched where the winner will receive $50,000.

Bedrock Homes offers two-storey homes, bungalows,

Visit any one of Bedrock’s showhomes, enter the Cash

duplex and townhome options that are sure to meet a

Door contest, and you could qualify for a one-in-10

wide assortment of lifestyle needs in today’s market.

chance to win. The 10 qualifiers will be invited onto

Bedrock Homes is excited to join many new

Brick Field at Commonwealth Stadium at the last

communities throughout the Edmonton area. One

Edmonton Eskimos home game on Oct. 28, where one

of the newest communities offering Bedrock Homes

lucky individual will unlock the door to $50,000! For

is Salisbury Village in Sherwood Park. This new

more information and contest rules visit cashdoor.ca.

community showcases extensive wetlands, forested

You can find Bedrock Homes in more than 20

areas, and greenspaces for residents to enjoy. Here,

communities throughout greater Edmonton, such as

you’ll find Bedrock’s gorgeous executive townhouses

Maple Crest, Schonsee and Granville. Take advantage

with rooftop patios and spectacular 360-degree

of their current promo to live mortgage-free for up to

views – a definite must-see! Plus, adult duplex

one year with the purchase of a Bedrock Home.

bungalows, with more than 2,600 sq. ft. of living space, are also available. If you’re looking for a single-family home with

For more information about Bedrock Homes and its wonderful communities, visit bedrockhomes.ca.

a front attached garage, then Rosenthal may be

Show homes are located within each community

the community for you. This west Edmonton

and are open Monday to Thursday from 3 to 8 p.m.;

neighbourhood is family-geared, with playgrounds,

and Saturday, Sunday and holidays, from noon

parks, walking trails and a spray park all found within

to 5 p.m. AUG 11 - SEP 8, 2017 81

Take back date night. Bedrock Homes has move in ready homesâ&#x20AC;Ś for the roommate that has got to go!

Make your money MORTGAGE FREE* when you purchase a *Bedrock Homes Limited will pay the mortgage payments for up to One (1) Year with the interest rate at 2.25% with payments based on 5% down payment of the Purchase Price on the Purchase Agreement with 25 year amortization. Only homes that are 30 days or less from completion qualify for this incentive. A Cash Back to be provided at closing or the total amount can be taken off of Purchase Price. **Feature home acc. bi-weekly payments based on 5% down at 2% variable rate, amortized over 25 years. Contact Area Manager for details.

Feature Home: The GREYSON 617-40 St. SW (Hills at Charlesworth) | 1394 sqft • 3 bedroom, 2.5 bathroom • Second floor laundry room • Single car garage

} Own this home for only:

$424,000

} Bi-weekly payments of only:

$818**

go further. LIVE for up to a year Bedrock Home. } CONTACT A BEDROCK AREA MANAGER FOR DETAILS

THE HARMONY AT BARANOW

Live. Work. Thrive. Play. A home for your family and your dreams.

FROM

169,900

including parking

FREE LIVING FOR ONE YEAR No Property Tax, No condo fees and No mortgage payments Some restrictions applied

148 AVE

137 AVE

125 ST.

127 ST.

153 AVE

Visit our Sales Centre at 14904-125 Street Mon-Thur 1-7pm Sat, Sun& Holidays 1-5pm Closed Fridays p 587.990.2398 p 587.990.2396 p 403.770.4028

• • • • • • • • • • •

Bachelor, 1-2 bedrooms from $173s 463-915 Sqft Spacious & functional Floor plans Quartz countertops Heated underground parking 7 appliances Soft-closing kitchen & bathroom cabinetry. Air conditioned common areas. Wheelchair accessible entrance Recorded video surveillance camera P2000 Developments only builds one project at a time enabling us to focus 100% of our attention on the details and features that provide the best product for the money. • Water and hail resistance exterior (Metal roof, Hardy board and stone exterior)

theharmony.ca