Edmonton New Home Guide - March 15, 2013 by NextHome

view Mar 15 - Apr 12, 2013 Volume 25 Issue 03

Edmonton Edition

on any device NewHomeGuide.ca

Your Best Source for New Homes

You know when a room just...fits. Amblesideâ&#x20AC;&#x2122;s designed to inspire Contest

Win one of four $10,000 furnishing packages! See our insert on page 50 inside for more contest details.

inside this issue

THE ADVANTAGES OF BUYING A NEW HOME

001-NH EDM Cover_01-31-13_FIN.indd 1

TIPS TO FIND THE IDEAL NEW-HOME COMMUNITY

CREATING THE PERFECT OUTDOOR LIVING SPACE

3/8/13 3:20:03 PM

• • •

Choose your lot. Choose your builder. The choice is yours.

Buy direct from the developer www.vipdevelopmentgroup.com

Call 780-424-1600 Building Communities for your lifestyle

5% DISCOUNT on all Lots Limited Time Offer

Sa sk at ch ew an Ri ve

ive Dr

170 St.

RR 233

Fountain Creek

Hwy. 14 Highway 37

Min

127 St.

All Lots Reduced and Selling Fast. Call Now for Best Selection.

Golf Course

Trail

Lots backing onto man made lake and green belt, fully serviced lots, lot sizes from half acre and up, architectural controls, 100’ - 200’ frontages, all walk-out lots.

Anthony Henday

Ellerslie Rd.

Whitemud 45 Ave. Fwy.

lbert

Pre Selling Stage 2

ar lleg

Sherwood Pk. Fwy. Wye Rd.

St. A

New Golf Course Community, one third acre & up lots, walk-out lots & lots backing onto golf course, fully serviced, close to all amenities, architectural controls, new & improved clubhouse & golf course.

i Terw

Highway 2

002-VIP 11-23-12.indd 2

Showhome Now Open

Riverpointe at Windermere 16 Ave.

No rth

Contact Dawn Loomis Now Open Realty Executives On Site Sales Office Mon, Wed, Thurs 1:30-4:30 Devonshire Realty Sat & Sun 1:00- 4:30 780-929-6465 Direct

Estate Homesites nestled between the North Saskatchewan River and the beautiful wooded Windermere Ravine. Stunning Views, Large walkout Lots with 50’ to 86’ frontage able to accommodate large custom homes.

City of St. Albert

167 A ve.

3/8/13 12:29:29 PM

Stony Plain Road (HWY 16A)

170 Street

Anthony Henday HWY

Winterburn Road

Webber Greens Drive

87 Avenue NW

Whitemud Drive

Lessard Road 199 Street

Winterburn Road

04 NEW HOME GUIDE | MAR 15 - APR 12, 2013

35 Avenue

MORE PPARKS ARKS MORE PLA AYYGROUNDS & MORE COM OMING ING

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 05

$ $

06 NEW HOME GUIDE | MAR 15 - APR 12, 2013

MONTORIO

HOMES LTD.

montorio.ca 9’ CEILINGS INCLUDED

EXCEPTIONAL STAIN SELECTION ON HIGH QUALITY CABINETS INCLUDED

FULL HEIGHT TILE BACKSPLASH INCLUDED

MOEN ARBOUR FAUCET INCLUDED

GRANITE COUNTERTOPS INCLUDED

TILED FLOORS INCLUDED

Where Customization is a Good Word VISIT ONE OF OUR CUSTOM SHOW ROOMS UPPER WINDERMERE 2110 Warry Way | SW Edmonton 780.430.0644 TRUMPETER AT BIG LAKE 2112 Trumpeter Way | NW Edmonton (CLASSIC) 780.249.9110 COLONIALE ESTATES 53 Rue Bouchard | Beaumont 780.929.0495 TRUMPETER AT BIG LAKE 12832 - 202 Street | NW Edmonton (ESTATE) 780.249.7643 HARVEST RIDGE 196 Harvest Ridge Drive | Spruce Grove 780.571.1881 HAWK’S RIDGE 504 Merlin Landing | NW Edmonton 587.521.0617 WALKER SUMMIT DUPLEX 1065 Watt Promenade | SE Edmonton 780.476.7070 WALKER SUMMIT/5720-19Ave SW | SE Edmonton 587.520.9249 WOODHAVEN 5408 Edworthy Way | SW Edmonton 780.476.7070 OPENING IN 2013

contents MAR 15 - APR 12, 2013

VOLUME 25 ISSUE 03

Showhome Review

p.107 URBANITY CUSTOM HOMES The Yorkshire: Custom luxury

features & editorials IN EVERY ISSUE

10 EDITOR’S NOTE COLUMNISTS

134 QUICK TIPS

Organizing myths that can keep you stuck by Hellen Buttigieg

68 HOMEBUYERS’ HELP

Creating the perfect outdoor living space

by Shane’s Landscaping and Contracting

70 FUNDAMENTALLY SPEAKING

How to find a home? Pay attention to location, information and timing by Wayne Karl

112 CHBA - ALBERTA

New or resale? That’s a big question facing homebuyers by Jim Rivait

116 THE MORTGAGE MINUTE

Why real estate investing still makes sense by Peter Kinch

124 FEATURE

Buying that first home with advice from Mother of the Bride

126 FINANCES

Are you at risk if interest rates rise?

HOMEBUYERS’ HELP

77 COMMUNITY PROFILE

Aurora – right at home under the stars

102 HOW TO FIND A HOME

Factors and features to consider in searching for the ideal community

107 SHOWHOME REVIEW

Urbanity Custom Homes’ The Yorkshire: Custom luxury by Salina Yara Halabi

122 FINANCES

Building your best financial future at every age

128 WEB DIRECTORY

Edmonton area builders, developers and communities

135 NEW-HOMEBUYERS’ RESOURCE SECTION Mortgage calculator and rate table

IN THE NEWS

22 THE HOME PROGRAM

Keeping the magic in the New Build process

26 CIBC

Canadian economic growth to continue in 2013: CIBC

COVER FEATURE ADVERTISER

Ambleside in Windermere SEE OUR AD ON PAGES 50 & 51

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

DIRECTOR OF SALES, WESTERN CANADA

Josh Heppner

EDITOR-IN-CHIEF, REAL ESTATE

Susan Legge ART DIRECTOR

Daiana Garay EDITOR

Wayne Karl CONTRIBUTING EDITORS

Janine Druery Sara Duck Elisa Krovblit Lydia McNutt (on leave)

50 77

When you mix Edmonton’s finest furnishers and interior designers, something inspiring happens. ACCOUNT EXECUTIVES Ambleside is now home to four rooms that must Jennifer Mizier 780.217.6778 be seen to be believed—and to be won. Nancy Chemait 780.619.3241 PRODUCTION Visit ourCO-ORDINATOR four brand new front attached garage Greg Van Sluytman showhomes to step inside our custom-designed GRAPHIC DESIGNER contest rooms. Vote at our info centre for the room Viosa Barileva that inspires you and you could win a $10,000 MANAGER OF PRODUCTION Bala Gnanapandithan package towards the furnisher that helped make that NATIONAL ACCOUNT MEDIATIVE room come toMANAGER, life, plus a design consultation from Paul Slizys Wicket Blue Interiors! Keep your eyes peeled for bonus entry PUBLISHED BY codes—with four grand prizes to be won, you’ll want to enter as many times as you can.

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

district maps 34

46 60

86 114

012 ROHIT GROUP OF COMPANIES Rohit co-founder Krishna 031 Gupta awarded the Jubilee Medal 037 039 AMBLESIDE Ambleside in Windermere: 047 Family Day frolic 061 BEAVERBROOK DEVELOPMENTS 067 The Woods at Kenton – a prestigious new community 071 in Spruce Grove 087 BMO Go fixed, go five and become 093 mortgage-free faster: BMO ROHIT GROUP OF COMPANIES 095 Rohit Group of Companies 099 celebrates successes 103 119 127 127

EDMONTON REGION SPRUCE GROVE STONY PLAIN

Enter to win from March 9–April 11 The Edmonton New Home Guide is a free publication with distribution every four weeks. Submit articles or advertising to PO Box 458. Station Main, Edmonton, Alberta T5J 2K1

WEST SOUTHWEST LEDUC BEAUMONT SOUTH SOUTHEAST SHERWOOD PARK FORT SASKATCHEWAN NORTHEAST NORTHWEST ST. ALBERT MORINVILLE GIBBONS

Home Guide, Toronto, Ontario, Canada. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.Wall2Wall Media is a trademark of Yellow Group Co. in Canada. Four prizes to be won with Pages an approximate retail value of $10,350 each. Chances of winnin

dependent on the number of entries received. No purchase necessary. Skill testing question re TERMS Advertisers, Editorial content are not Contest closes on April 11, 2013. Full contest rules available at amblesidewindermere.co

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.

EDITORIAL Submissions from interested parties will be considered. Please submit to the editor at Susan.Legge@wall2wallmedia.com.

e d i t o r ’s n o t e

Long-term commitment will aﬀord you peace of mind

hether you’re relocating from one coast to the other or moving to your first place, changing homes can be hectic, exciting and certainly stressful. But, relax. You can eliminate the anxiety associated with moving by taking control of the situation with confidence. Understanding the market is just part of the story. Knowing what you need and what you can afford is the more important part of the equation. Making a prudent purchasing decision that doesn’t keep you up at night when interest rates rise or market news becomes the talk of the town is up to you. Any expert will tell you that buying a home is a long-term commitment. This issue is full of great tips from the experts as well as the latest news designed to help you make a wise purchasing decision. Along with our Community Profile features, which outline the specifics on many fine communities, there’s lots to take in – so kick back, relax and enjoy. You’re in the driver’s seat.

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

How to find the right home?

Knowing what to look for – and where – are crucial parts of your new-home search

nce you’ve decided to buy a new home, the excitement begins to build immediately. Where to buy? What type of home? Is now the right time? The answers to such questions will vary from person to person, depending on individual circumstances and needs. Choosing the type of home you can afford, and what finishes and design features you want, might be the easiest part of the process. A little more challenging, but nonetheless equally important, are matters such as finding a community in proximity to amenities such as shopping and schools, commuting times and transit options, and if your new home will still be suitable in three, five or 10 years. As for the timing of your purchase, it’s natural to wonder whether now is the best time, given all the discussion about market conditions. But if your employment and finances are secure, you’re best served looking at the long term – say seven years. Where are new-home prices likely to be then? Higher or lower? And if you missed out on building equity by delaying your purchase, would you be better off? With the help of the content in this issue, we hope you’ll begin to determine your own answers to these questions.

Wayne Karl EDITOR Wall2Wall Media, wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

10 NEW HOME GUIDE | MAR 15 - APR 12, 2013

R D NO VE L LE O SO N SA

% E 50 HAS LP A N FI

MOVE INTO A NEW HOUSE FOR LESS THAN RENT MORTGAGE PAYMENTS LESS THAN $1200 PER MONTH

*Visit showhome for details.

VANDERBILT

For more information visit

269,900

Starting @

• 3 bedroom • 2 1/2 baths • Landscaping • Back deck • Gas fireplace • 4 appliances • Attached garage • Walkouts available

Include house, lot & GST

GREENBURY

Show home models starting

• 1432 sq. ft. 2 storey duplex • 3 bedroom, 2 1/2 baths • 4 appliances • Hardwood flooring, • Granite countertops, • 9’ ceilings • Energy efficient features • Cultured stone

from low

19-85 Spruce Village Drive W SPRUCE GROVE Mon-Thurs 4-8pm Sat/Sun Noon-5pm

780-571-0880

sales@macmitch-homes.com

300’s

Include house, lot & GST

10 Greenbury Close at the end of Grove Drive Call 780-571-0880

sales@macmitch-homes.com

www.macmitch-homes.com

RAY GIBBON DR.

M AR K

M ES

SIE R TR A IL

RT BE AL

MERIDIAN STREET (0 St.)

ST.

137 Ave.

AIL TR

DR.

Lessard Road DR.

QE II

James Mowatt Trail

127 St.

170 St.

Cameron Heights Drive

*LEERQV

Interchange

28A

EDMONTON & REGION Check Each Area District Map For More Information

&DOPDU

Custom Home Building with exceptional quality and service since 1984. We transform your ideas into a home designed to fit your familyâ&#x20AC;&#x2122;s needs and budget. Whether on your own lot, acreage, in-fill lot, or one of our available lots, experience the difference a small volume builder can make in constructing your dream home! Visit our new showhome at 3 Eastview Street North in The Elements of Erin Ridge

12 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Call (780)718-1338 or (780)484-8754 www.gannethomes.com

ERHBA MEMBER

You can have it all with

Daytona Homes Enjoy luxury living in Erin Ridge & Windermere

Visit our showhomes today!

INCLUDED Many quick possession homes include:

·Granite ·Spacious ensuites ·Hardwood & tile ·Modern colour palettes ·Stainless steel appliances ·Large kitchens

daytonahomes.ca

From the $470’s

50 Everitt Drive, St. Albert 780.569.5213 erinridgenorth@daytonahomes.ca

From the $460’s

964––-173 Street SW, Edmonton 780.761.1556 windermere@daytonahomes.ca

years

THESE NEW MOVE-IN HOMESS ARE MOVING FAST Creekwood Chappelle

Cambridge 28’

Lyons

Tudor

$469,900

Corner Lot

$484,900

1,932 square feet Open concept main floor ◆

◆

Pembrook

Stone Front

$486,000

2,010 square feet Double sinks in ensuite ◆

◆

4115 Charles Link SW

Craftsman

$529,900 2,379 square feet Main floor flex room

$539,900

◆

4218 Charles Close SW

4127 Charles Link SW

Madrid 28’

Craftsman

◆

4210 Charles Close SW

Glenabbey

1,846 square feet Second floor bonus room ◆

2,330 square feet 4 bedrooms on second floor ◆

◆

4213 Charles Close SW

FOR MORE INFORMATION ABOUT OUR FRONT-ATTACHED GARAGE HOMES call Joan at 780-489-4650

creekwoodchappelle.indd 1

2013-03-01 12:52 PM

creekwoo

1 12:52 PM

THE PERFECT BLEND OF COUNTRY AND CONVENIENCE. Experience the natural beauty of the landscape through an abundance of peaceful park trails and green space. With easy access to shopping and restaurants at the Currents of Windermere and South Edmonton Common, you’ll be able to conveniently swap your runners for a fine dining experience. Creekwood also offers nearby transit options, including express buses to Century Park’s LRT station.

Dallaire

Garage Included

Build Yours From

$346,250

$346,000

1,156 square feet Huge walk-in closet

◆ ◆

◆

From 1,214 square feet ◆ Garage included

7059 Cardinal Way SW

Lots Available

Rabbit

Hill Rd

FOR MORE INFORMATION ABOUT OUR REAR-DETACHED GARAGE HOMES call Claudine at 780-702-8923

day Dr.

Anthony Hen

Cal ga Ga tew ry Tr. ay Blv d.

127 st.

141 st.

170 st.

Ellerslie Rd.

41 Ave.

WINNER OF THE 2013 GLOBE AWARD FOR CORPORATE ENVIRONMENTAL EXCELLENCE

Includes house, lot, GST. Rendering exterior may not be exactly as shown.

creekwoodchappelle.indd 2

2013-03-01 12:52 PM

Easter holidays are approaching – inject some gorgeous bold colour into your space for the holidays. Here are four vignettes paired with something Easter and to stay stylish, a bold geometric toss cushion – such a great way to bring life back into our homes after such a long hard winter. It’s spring time – yay!

4-colour palettes to bring easter into your home… Written by: C. Marie Hebson

Blue: Serene, calming, restful. Pulling a soft robins egg blue from this gorgeous easter egg, we inject blue on the walls of this family room – subtle additions of black and gold accessories are really important to keep this room from looking too immature.

Lavendar: Wealth, wisdom, spirituality. An eclectic mix of this and that, which is simply lovely –lavender and soft hues of blue – the perfect girls condo, or boudoir. 18

Morrison_Insert 03-15-13 INSIDE.indd 1

3/8/13 1:49:04 PM

Receive a

at No Extra Charge**

Double Car Garage Package

Gourmet Kitchen Package

** See your Area Manager for complete package details. This is a limited time offer. Morrison Homes reserves the right to substitute or change any package without notice. This offer can not be combined with any other offers and is only available on regularly priced models in Hawks Ridge, McConachie and Walker Summit. Some restrictions apply.

Morrison_Insert 03-15-13 OUTSIDE.indd 1

3/8/13 1:49:06 PM

Orange: Energy, excitement, warmth. Orange is such an amazing colour – can be equally feminine or masculine. I love how they’ve paired this with a tomato red which has a lot of orange in it, takes it all the way to feminine town.

Green. Tranquil, health, vitality. If your afraid of colour, green is the new neutral – whether your bold enough to go citrine green (shown here), or prefer a soft, watery green, like a flower stem in a vase of water, green works because we find it all around us in nature. Makes any wood look alive and vibrant – Photos compiled are from websites that Marie shops at, various items chosen are befitting the mood and depict best choices for this article. Should you want information on any of these products, please contact interiorsBYDESIGNinc.

Our cozy is more cozy than their cozy Not just because we want it to be, but because we worked really hard for it to be. At Sterling Homes we are committed to building homes with style, elegance, strength and of course beauty; and itâ&#x20AC;&#x2122;s all included in our Sterling Standard.

23 SUMMATION

\\ FrOM $285,000

AVAILABLE IN THE FOLLOWING COMMUNITIES Sienna Trumpeter Rutherford Heights

780.997.0960 780.757.1733 780.435.2040

20 NEW HOME GUIDE | MAR 15 - APR 12, 2013

14 SENSATION Walker Lakes Langdale Allard Westerra Springate

\\ FrOM $298,256 780.756.0723 780.756.5649 780.756.2970 780.963.8905 780.962.3212

7 TArNSTrOM Callaghan South Laurel Crossing Newcastle Orchards Hamptons Terrace

\\ FrOM $420,055 780.757.1441 780.760.1160 780.757.9181 780.757.5308 587.520.3247

2011 BUILdEr OF THE yEAr

qUICk pOSSESSION HOMES

5 TrENTON

\\ FrOM $426,900

7 TyNdALL

\\ FrOM $449, 900

9 TIErA II

\\ FrOM $366,613

STErLINGEdMONTON.COM 65 qUICk pOSSESSION HOMES AVAILABLE IN EdMONTON & SUrrOUNdING ArEA MAR 15 - APR 12, 2013 | NEW HOME GUIDE 21

inthenews

Keeping the magic in the

New Build process

by Brian Finley

Keeping the magic in while taking the

mystery out is what The Home Program New Build education sessions are designed to do. Even if you have purchased a home previously, the process of buying a (resale) home versus what is involved in building a new home is substantially different. A little education can go a long way to helping you make smart decisions that can save you substantial dollars, make the entire process a little (or a lot!) less stressful, and give you tools to make smart decisions from start to finish. That is precisely why The Home Program is now providing special education sessions that explain the entire process and then let participants ask the questions they need answered. The sessions are held in various builders showhomes, last approximately 90 minutes and are done in an informal - question and answer format. A mortgage and real estate professional sit and talk with the new-home sales representative to help participants understand the process involved; the best way to approach a new build purchase; and costs and considerations. At each stage of the process, participants are encouraged to join in and ask their own questions.

The sessions include information on financing a new build; builder selection; initial and final pricing; contracts and deposits; selecting the various components in your new home; construction stages and timing; warranties and walkthroughs; and supports and responsibilities available after you have taken ownership. The sessions currently run from 3:30 to 5 p.m. on Saturdays. The sessions ran successfully in February and will be running again in April. For more information or to register visit www.thehomeprogram.ca or call 780.504.6161

The Home Program began as a pilot project in December 2001 to meet the need in Edmonton to assist low and moderate income families in becoming homeowners. Since then it has expanded to include education, counseling and advocacy, referrals to service providers, a Down Payment Assistance Program, and ongoing contact before and after the purchase of a home. The program is now accessed by all income levels and custom education sessions have been developed to include education around such areas as building a new home, and understanding the ins-and-outs of condominium ownership. The Home Program has provided homeownership education to more than 3,700 families and continues to work with those individuals including the more than 1,000 who have now become homeowners. The program is currently available in all major population centres in Alberta, including Edmonton, Calgary, Lethbridge, and Fort McMurray. A large volunteer base of local service providers coupled with financial contributions from participating Realtors has enabled the program to provide more than $1 million in financial assistance to program graduates. The Home Program is offered and operated as part of Capital Region Housing Foundation, Edmonton, and is partnered with local and national non-profits and service providers, including the Alberta Real Estate Association, the Alberta Real Estate Foundation, and Canada Mortgage and Housing Corp. (CMHC). The program was recognized with the first Edmonton Housing Trust Fundâ&#x20AC;&#x2122;s ROOPH Award for Outstanding Partnerships. Brian Finley serves as the programâ&#x20AC;&#x2122;s provincial program coordinator. 22 New home Guide | MAR 15 - APR 12, 2013

The Estates

at Waters Edge R

ecreational lakefront property has long been thought of as a summer treat. You choose a weekend in May or June to open up your cottage and try to squeeze in as much time there before the leaves and the snow fall. There is, however, a new development in Alberta that offers year-round lakeside living. Whether you’re looking for a weekend retreat or permanent residence, The Estates at Waters Edge, located 45 minutes west of Edmonton at Lac St. Anne, is a Lake Front community of single-family homes. This secure, gated development is situated on a half-mile of south-facing lakeshore. Summer includes boating, water sports, fishing, walking and biking along the numerous pathways, enjoying barbecues on the deck and watching a beachfront sunset, or visiting one of the various golf courses in proximity. Winter brings a whole new list of outdoor activities, including snowmobiling, cross-country skiing, snowshoeing, great ice fishing, skating and warming up at the fire pits. The Estates at Waters Edge has an outdoor NHL-sized ice rink, complete with skate change and warm-up rink side facility for skaters and hockey enthusiasts. Waters Edge is a four-season community development with activities year-round. On-site a private boat launch and maintained marina is included for your carefree boating enjoyment. For social gatherings, a clubhouse, including a kitchen, dining area and games room, can accommodate small groups and large, community events. The clubhouse is great for getting everyone together for a private function or community social gatherings. Residents can also enjoy the beachfront recreation area, children’s playground, on-site walking/cross-country ski trails and future development includes a fitness centre, hot tub and outdoor swimming pool to complement existing amenities. The project’s popularity to date has been attributed to the overall hassle free concept of the Waters Edge experience. Prospective buyers can choose their select lot; as well select their choice and size of Craftsman style residence. Floorplans range from two to four bedrooms and 1,150 to 2,500+ sq. ft. constructed on a crawl space, full basement or walk-out basement, or custom design your home with our design team. All are finished in the Craftsman style in your choice of colours, which feature fully landscaped yards, paved driveway, parking pad, exposed aggregate sidewalks. Attached and detached garages and additional storage in the secure storage yard on-site for your recreational toys are also available on-site. Additionally, residences come complete with a 10-year Progressive Home Warranty to ensure home construction quality. Homes are designed so that the living areas take full advantage of the great lake views. Plans are customizable to make the layout and room sizes suit each individuals needs. All designs are done in-house by the Waters Edge Architecture lead design team, so the turnaround time for consultation and final design plans is very fast. Most home builders charge a fee with any changes to their plans, while this is part of a service that is provided to an owner who chooses to build with Waters Edge. Owners can also choose to buy the lot and bring their own builder. The proposed design just has to fit within The Estates at Waters Edge architectural and landscaping guidelines. Upgrades are also available to the homes, including granite countertops, gas fireplace, central vac system a 24 NEW HOME GUIDE | MAR 15 - APR 12, 2013

detached or attached garage, as well as numerous other options. The interiors of these homes come in a variety different high-quality finishing packages, with energy-efficient designs and six low-energy appliances. R-20 insulation is used in the walls and R-40 in the ceilings. Use of high effi ciency furnaces provides that the homes are built to high efficiency standards and save on utilities. A monthly maintenance fee ensures maintenance of all the common areas (such as clubhouse, marina, playground, beachfront recreation area and boat launch). The fees also include water, sewage and a full-time on-site manager. There are lawncare and winter snow shoveling services also available. The area surrounding Waters Edge offers a healthy list of amenities. A convenience store and gas station are a few blocks away. Onoway and Alberta Beach offer retail services including grocery and liquor stores, restaurants, gas station, public library, hair salon, dollar store, hotel and golf course. Schools are nearby and the Barrhead and Stony Plain hospitals are only 25 to 30 minutes away. The proximity to Edmonton is a major selling point for The Estates at Waters Edge. A short drive can get you to your lakefront home in no time. Many of the purchasers, however, are not from the Edmonton area. Residents include people from Peace River, Fort McMurray, Whitecourt and Calgary. They have found The Estates at Waters Edge to be the best value and location for Lake Front and Lake View property in Northern Alberta. Lot prices start in the low $100’s, and twobedroom residences with a completely landscaped lot start in the low $300’s! Onsite showhomes are available for immediate possession. Call Mike at 780-405-6378 or 1-877-405-1105 or visit watersedgeestates.ca

LAKESIDE LIVING LIKE NEVER BEFORE *

NORTH SHORE • LAC STE. ANNE ONLY 45 MINUTES WEST OF EDMONTON, AB Dynamic Lake Front Gated Community with Fully Serviced Lots and Resort Style Amenities

NEW LAKE FRONT HOME NOW AVAILABLE FOR IMMEDIATE POSSESSION!

VIEW LOTS

STARTING FROM THE

$110s LAKEFRONT LOTS

HOME W/ VIEW LOT

STARTING FROM THE

$290s HOME W/ LAKEFRONT LOT STARTING FROM THE$460s

STARTING FROM THE

$220s

info@WatersEdgeEstates.ca / 780-405-6378 / www.WatersEdgeEstates.ca

inthenews

CANADIAN ECONOMIC

growth to improve in 2013: CIBC WHILE CANADA’S ECONOMY LIMPED TO A CLOSE LAST YEAR, IT

is not a sign of worse things to come in 2013, although growth will continue to be lacklustre for some time, according to a new report from CIBC World Markets Inc. “Any time growth slows to a crawl, one has to worry that it wouldn’t take much to push the economy over the edge,” says Avery Shenfeld, chief economist at CIBC. “Based on admittedly slim evidence, there are reasons to believe that Q1 growth will be better.” He points out that while employment dropped in January, hours worked are up. He also notes that auto sales look like they’ve rebounded – generally a signal of consumer confidence – and that the resolution of energy sector disruptions has resulted in an increase in oil exports to the United States through mid-February. “So it looks like, in terms of quarterly GDP, Q4 could end up being the storm before the calm, with an improved pace ahead,” says Shenfeld.

However, he warns that challenges domestically and globally will result in only tepid improvement. CIBC’s forecast sees the economy tracking only a 1.7 per cent growth rate in 2013, a pace that will see the unemployment rate drift higher. Shenfeld believes that the weak close to 2012 and the modest rebound ahead will keep the Bank of Canada from raising rates until third quarter of 2014, two quarters later than previously forecast. The delay in raising rates will also result in the Canadian dollar remaining below

It’s time to make your move.

SpringCreditHorzAd-14.375x4.628-EdmNewHomeGuide.indd 1 26 NEW HOME GUIDE | MAR 15 - APR 12, 2013

parity with the U.S. dollar until the second quarter of 2014. “Instead of smoothly passing the growth baton from governments and households to business spending and exports, there’s been a fumble,” he says. “Housing has slowed, as has consumer borrowing, and governments face pressures to tighten belts. But businesses aren’t opening their wallets.”

While many had forecast business investment to pick up the slack in the Canadian economy, weak global growth has been holding back capital spending. The report examined the issue of whether Corporate Canada was sitting on an excess pile of cash that it should be spending on new projects. “There is no real evidence from a macroeconomic perspective that corporations are indeed sitting on excess cash,” says CIBC economists Benjamin Tal and Peter Buchanan. In fact, “corporations are holding cash levels that are consistent with a trend we have seen for more than two decades.” They note that, in nominal terms, in real terms or as a share of assets, the near $600 billion of cash holdings by non-financial corporations in Canada is at record or near-record highs. However they point out that all the increase in cash since the beginning of the recession can be fully explained by growth in GDP. In real-terms, and as a share of GDP and corporate assets, cash holdings by corporations are now only back to their pre-recession levels. While businesses have increased the share of assets they hold in cash, their relative cash position has been offset by a decline in other current assets - namely inventories and accounts receivables. Tal and Buchanan found that the higher level of cash holdings has not come at the expense of capital spending, which at 20 per cent of GDP, is not only more than three points above its long-term average share, it is also near a record high.

The BEST mortgage rate

guarantee.

Making the leap to a new house is a tough decision—we get that. With the guaranteed BEST mortgage rate, you can get that new home at a rate that will fit for many years to come. Stop by your local ATB branch or visit atb.com/MortgageSpecialist-Edm

The Best Mortgage Rate Guarantee applies to ATB Rate First and Extreme 5-year closed fixed-rate mortgages only; versus published and advertised rates for 5-year closed fixed-rate mortgages by Canada’s big five national banks. Some conditions apply. On approved credit. Offer applies to new residential mortgages and ATB residential mortgages eligible for renewal during offer period. Offer subject to change at any time. One offer per household. ™ Trademarks of Alberta Treasury Branches.

13-03-04 PM27 MAR 15 - APR 12, 2013 | NEW HOME 1:17 GUIDE

28 NEW HOME GUIDE | MAR 15 - APR 12, 2013

• Population: 6,361 and grow-

y wa gh Hi

51 S tree t

53 Avenue

Highway 28A Edmonton

St ur ge on Ri ve r

GIBBONs ing. & AREA sCHOOLs

50 A venu e

• Gibbons school • Located: Along the banks of the 4908 - scenic 51 Avenue North Saskatchewan River, 923-2240 [Gr. 5-9]southwest of Edmonton 15 minutes on Highway 60, 10 minutes from • sturGeon composite International Airport. HIGH the sCHOOL On Hwy. 37, one km. east ofschools, Hwy. 28 • Schools: 3 Public 1 973-3301 [Gr. 10-12] Christian school & 1 Catholic school. • landinG trail school 5325•- Grocery: 37 Avenue Garden Market IGA, 923-2899 [Gr. K-4] Extra Foods

• redwater school Facilities: • Recreational 5023 - Arena, 50 Avenue Outdoor Swimming Pool, 942-3625 5-12] Soccer Fields, Ball[Gr. Diamonds, Golf Course, Campground, Tennis Courts, and Community Centre.

•M EDICAL FACILITIES: Hospital, 2 Medical Clinics, and Local Ambulance.

1 LANDING TRAIL ACREAGEs 2 LANDING TRAILs DEVELOPER: Strata Developments BUILDERS: High Grade Homes, Rosecroft Homes, Open LOCATION: 51 St. & Landing Trail Dr.

1 THE RAVINES OF DEVON DEVELOPER: Qualico Communities BUILDERS: Open LOCATION: South on Michigan

Street, left on Ravine Drive

gibbons devon

AREA INFO AREA INFO

Hwy 19 DEVELOPER: Strata Developments BUILDERS: Rosecroft Homes, Dynasty Builders, Morrow Homes, Open LOCATION: 53 St. & 40 Ave.

•P arks & Pathways: Numerous Parks, Walking, Biking and Cross Country Ski Trails.

2 fairfax lane

DEVELOPER: Alldritt Land Corporation LP BUILDERS: Alldritt Homes LOCATION: South on Miquelon, left on Erie St., and left on Fairfax Close

NEED A CAREER CHANGE?

Check Out www.albertabuilderconnect.com www.homebuilders4tomorrow.com

or the educational resources in your area. Career(18/3)-dm

fEB MAR1515- mAR - APR15, 12,2013 2013||new Newhome homeGuide Guide125 29

SPRUCE GROVE

WHAT IS THE RESIDENTIAL CONSTRUCTION INDUSTRY CONFERENCE? 30 NEW HOME GUIDE | MAR 15 - APR 12, 2013

The Residential Construction Industry Conference (RCIC) is an annual two day event hosted by the Canadian Home Builders Association – Edmonton Region. This year’s conference features a full industry tradeshow as well as over 50 concurrent educational sessions, workshops, and forums spanning a host of relevant industry topics. Delegates will enjoy a world class key note speaker and a variety of social and networking opportunities. Nearly every active homebuilder in the Capital Region attended last year’s conference, and even more are expected to participate this year! RCIC 2013 really is one event you do not want to miss out on. Whether you are a manager, an executive, a business owner, designer, foreman, salesperson, or trade, RCIC offers a unique opportunity for you to learn new strategies, enhance your networks, and keep up with what’s going on in the residential construction industry. From the latest word on upcoming trends in sustainability, sales, design, safety, leadership, construction and more, RCIC 2013 has it all! For more information please visit the website:

www.rcic.ca

Early Bird Registration is now open – don’t miss out!

AREA INFO

Millgrove Dr.

8 Hawthorne Gate

Spruce Ridge Dr.

9 11

iew Dr.

1 Grove Dr.

Woodhaven D r.

McLeod Ave. Highway 16A

Brookwood

2 5

16 Jubilee Park

Lon gv

Century Rd.

Dr.

King St.

Calahoo Rd.

Grove

Calahoo Rd.

Spruce Ridge Road

Jennifer Heill Way

Aspenglen Dr.

To Edmonton

Grove Meadows

Dr. Drive

McLeod Ave. To Edmonton

Pioneer Rd.

Highway 16

• POPULATION: 21,500. • LOCATED: 11 km west of Edmonton on Hwy 16 or 16A. • SCHOOLS: 9 Public & Separate Schools. • GROCERY: 11 Grocery/ Convenience stores, Safeway, IGA Garden Market, The Real Canadian Superstore & Walmart. • RECREATIONAL FACILITIES: Twin Ice Arena, Curling Rink, Golf Course, TransAlta Tri Leisure Centre, many soccer fields and baseball diamonds. • MEDICAL FACILITIES: Member of the West View Regional Health Authority with almost 50 Medical & Dental practitioners. • PARKS & PATHWAYS: 15+ km of pathways spread throughout 230 hectares of natural & developed park space.

1 HILLDOWNS

7 PARKLAND VILLAGE

12 HILLS OF TWIN LAKES

2 VANDERBUILT COMMON

8 HAWTHORNE AT HEATHERGLEN

13 DEER PARK ESTATES

DEVELOPER: Robson Developments Ltd. BUILDERS: Challenger Homes LOCATION: Grove Drive & King Street DEVELOPER: SG Developments BUILDER: MacLachlan & Mitchell Homes LOCATION: Century Rd & Viscount Common

3 STONESHIRE

DEVELOPER: Melcor Developments Ltd. BUILDERS: Canyon Spring Master Builder, Stonegate Developments, Western Living Homes. LOCATION: Longeview Drive & Fairway Drive

4 HARVEST RIDGE

DEVELOPER: Lamont Land Inc. BUILDERS: Homexx Corporation, Montorio Homes LOCATION: Campsite Rd. & Grove Dr.

5 SPRUCE VILLAGE

DEVELOPER: Beaverbrook Developments BUILDERS: Alquinn Homes, Cove Properties, Hillview Homes, Open LOCATION: Century Road & Grove Dr.

6 JESPERDALE

DEVELOPER: Jesperdale Communities BUILDERS: ReidBuilt Homes, Encore Master Builder, Look Homes, Kimberley Homes LOCATION: North of Grove Drive.

DEVELOPER: Parkland Village BUILDERS: Country Hills Homes LOCATION: Yellowhead Trail West To Century Rd, North 2 min.

DEVELOPER: Qualico Communities BUILDERS: Alquinn Homes, City Homes. LOCATION: North of Hwy 16A on Jennifer Heill Way, East on Hawthorne Gate

9 SPRINGATE AT SPRUCE RIDGE

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Sterling Squared, Alquinn Homes LOCATION: On Jennifer Heil West of Tri-Leisure Center

10 GREENBURY

DEVELOPER: Beaverbrook Developments BUILDERS: Western Living Homes, Dolce Vita Homes, Alquinn Homes, Celico Homes, MacLachlan & Mitchell Homes LOCATION: Grove Drive & Pioneer Road.

11 MCLAUGHLIN

DEVELOPER: Melcor Developments BUILDERS: Bedrock Homes, Look Homes, Pacesetter Homes LOCATION: Westgrove Drive and McLaughlin Drive.

DEVELOPER: Dyrbye Developments Ltd. BUILDERS: Open LOCATION: 2 miles North of Yellowhead Trail on highway 779 & 1.5 miles West on twp road 534 DEVELOPER: Broadview Developments Inc. BUILDERS: Rococo Homes, Alta Rose Homes, Evani Homes, Lang Built LOCATION: Grove Drive and Jennifer Heil Way

spruce grove

14 KENTON VILLAGE

DEVELOPER: Beaverbrook Developments BUILDERS: Alquinn Homes, and Urbanage Homes LOCATION: Century Road, South of Highway 16 at Vanderbilt Common

15 THE WOODS AT KENTON

DEVELOPER: Beaverbrook Developments BUILDERS: Alquinn Homes, and Hillview Master Builder LOCATION: Century Road, South of Highway 16 at Vanderbilt Common

16 PRESCOTT

DEVELOPER: Beaverbrook Developments BUILDERS: Averton Homes & MacLachlan & Mitchell Homes LOCATION: Grove Drive, East of Century Road

As Alberta’s 11th city, Spruce Grove is your city in the “country”. The place to live....naturally. for more information call (780) 962-7612 or visit our website at www.sprucegrove.org

LAKESIDE NATURAL WALKOUT LOTS .com For More Information:780-910-8606 or see website www.HillsofTwinLakes.com

EDMONTON HOME & GARDEN SHOW Booth 1751 March 21-24

• LIMITED TIME PRICES STARTING AT $199,000

QUIET LIVING BY THE LAKE | CUL-DE-SAC PRIVACY | PARKLAND’S MOST BEAUTIFUL NEW SUBDIVISION 31

SPRUCE GROVE

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(19/9)-ja/ah

32 NEW HOME GUIDE | MAR 15 - APR 12, 2013

SPRUCE GROVE Just down the street from the Tri Leisure Centre, great schools, stores, restaurants and more. Enjoy amenities with all the ﬁxin’s in the comfort of your own community. With so many recreation options so close to home, you’ll have time to play too. Duplex style homes start from the mid $270s*. Front attached garage homes start from the mid $300s*. FEATURING:

Sterling Homes – 780-962-3212 Alquinn Homes – 780-903-3095

S P R I N G A T E S P R U C E G R O V E .C O M

*Prices subject to change

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 33

inthenews

Rohit co-founder awarded the Jubilee Medal

for work in the community On Feb. 7, 2013, Edmonton City Councillor,

Amarjeet Sohi presented Krishna Gupta, philanthropist and co-founder of the Rohit Group of Companies, with the prestigious Queen Elizabeth II Diamond Jubilee Medal. The medal program is part of the Queenâ&#x20AC;&#x2122;s Jubilee year celebrations, and was created to recognize exceptional Canadians who give back to their communities. Gupta was lauded for her focus on wellness, specifically for her ongoing work with the Mental Health Foundation.

34 New home Guide | MAR 15 - APR 12, 2013

Krishna Gupta was lauded for her focus on wellness, specifically for her ongoing work with the Mental Health Foundation.

Rohit Communities Edmonton & Area

N E P

av 99

92 St

Range Rd 224

Range Rd 225

B E LL ER O SE

IN RW

STO

URC

HIL

167 Ave

TR AIL

2 YELLOWHEAD TRAIL

YELLOWHEAD TRAIL

8 CLOVERBAR RD.

BASEL INE ROAD

SHERWOOD PARK

WYE ROAD

HIGHWAY 21

RR 231

RR 232

RR 233

WHITEMUD DRIVE

Home Styles Vistas – Bungalow communities

Elements – Two storey duplexes or townhomes with attached garage

Evolve – Single homes with or without attached garage

Village – Two storey townhomes

or duplexes with rear lane access

5 1. Edmonton North Casselman Landing Evolve Cy becker

Landing – Townhome

3. Edmonton West Elements Hamptons

4. Edmonton Windermere Village at Langdale

Condominium Project

5. Creekwood Chappelle Elements Chappelle Village at Chappelle

6. Edmonton South

2. Edmonton North West

Village at Keswick

Callaghan Landing

Village at Trumpeter

Elements Keswick

Callaghan North

Elements Starling

Elements Glenridding

Callaghan Ravines

Evolve Glenridding

Vistas at Callaghan

Evolve Starling

Evolve Allard Vistas at Allard

RohitCommunities.com

t 1s

V YA

SHERWOOD DRIVE

RohitCommunities.com

BROADMOOR BLVD.

HOMES FOR REAL LIFE.

Elements Cy becker

Showhome at 1 Santana Crescent Fort Saskatchewan Call Chris 780-995-6054

Range Rd 230

L L I ST

Also still selling two storey duplexes with double attached garage!

D XR

NO GIMMICKS. TODAY. TOMORROW. ALWAYS.

Fort Saskatchewan stand-alone homes up to 1737 square feet. Many feature a den on the main floor, flex area or bonus room upstairs, second floor laundry and many upgrade options! Only ten minutes from Edmonton!

9 94 8 St

82 s

Single Family Homes from $312,000

HIGHWAY 14

Evolve Sienna Fort Saskatchewan

G IR

T ER LB .A ST

VILLENEUVE RD

T TR AIL

t 94

R IDGE RD

ER ST. ALB

E RIN

Township Rd 550 112 s

HOMES FOR REAL LIFE.

RohitCommunities.com

7. Edmonton South East Tawa Landing

8. Sherwood Park Evolve Sherwood Park Elements Summerwood Park

9. Fort Saskatchewan Elements Sienna Evolve Sienna

Our Evolve Line of Single Family Homes

Our Elements Line of Two Storey Duplexes

Evolve Starling

Evolve Allard

Evolve Glenridding

Evolve Sherwood Park

Single family floor plans up to 2300 square feet, walkout lots and triple car garages available! Hardwood, granite, appliance allowance and upgrades galore. Located near the Lois Hole Provincial Park and Anthony Henday Drive, just minutes from St. Albert Duplex homes also available starting from $338,900.

Single family floor plans feature up to 2300 square feet with all the upgrades included. Live in Southwest Edmonton near shopping, entertainment and quick access to the International Airport. Visit new showhomes including the Awards of Excellence in Housing Finalist the Florence!

A variety of single family homes with charming curb appeal and contemporary finishes. Homes up to 1737 square feet and include second floor flex loft. Located in Southwest Edmonton in the bustling area south of Windermere. Two storey duplexes with front attached or rear detached garage also available.

Now selling single family homes in Lakeland Ridge in Sherwood Park. Offering floor plans with desirable features such as hardwood, granite, tile, nine foot ceilings on the main floor and extensive upgrade options available. See the Awards of Excellence in Housing Finalist Showhome, the Bristol!

Showhome at 2309 Sparrow Crescent NW Call Pam at 780-938-5478

Showhome at 3322 Abbott Crescent SW Call Blair 780-909-9141

Showhome at 2018 Glenridding Gate SW Call Angela 780-991-2337

Showhome at 400 Churchill Crescent, Sherwood Park Call Wende 780-952-1572

from $479,000

from $406,000

HOMES FOR REAL LIFE. RohitCommunities.com

from $335,500

from $461,700

Find us on Facebook for your chance to win! facebook.com/rohitcommunities

SHOWHOMES NOW OPEN! From the low $300,000â&#x20AC;&#x2122;s! Elements Hamptons West Edmonton 1753 Hammond Crescent NW Call Kim 780-906-9808

Elements Chappelle Southwest Edmonton 504 Chappelle Drive SW Call Candice 780-990-9588

Elements Glenridding Southwest Edmonton 2018 Glenridding Gate SW Call Angela 780-991-2337

Elements Summerwood Sherwood Park

2 Sunterra Way Call Wende 780-952-1572

“I’ve always tried to give back to the community,” says Gupta. “And I’ve always worn my passion for health and wellness on my sleeve. Thanks to this honour, there’s more passion in me now. It’s now my responsibility, because the community recognized me, to keep giving back.” Gupta began her work with the Mental Health Foundation three years ago. “I’ve always wanted to give back, especially in terms of mental health, but I didn’t know how to do it,” explains Gupta. After she was approached by Mental Health Foundation board member, Dianne Young, to help out with an event, she quickly realized that she had found her niche. “[Dianne] told me what she was planning and we shared our ideas, and then I just said, ‘I’ll do it’!” Soon after that, she was invited to join the board, and she hasn’t looked back. She’s always had an open-door policy with her staff – to counsel through the stresses of everyday life – and now many of her employees join her at Mental Health Foundation events. “My staff sees that it’s important to give back, too,” exclaims Gupta proudly. “When something challenging happens, I always try to figure out what gift I’m getting out of it,” explains Gupta, wisdom she also tries to pass on to those around her. That includes her family. Her focus on health and wellness in the community has also seeped into her life at home. “My family... we live a much healthier lifestyle now.” A good thing, too, as Gupta says her ultimate goal is to celebrate her 100th birthday, sipping champagne with friends and family. In the short term, Gupta is climbing Machu Picchu this summer for UNICEF and to promote a healthy lifestyle. This follows a climb of Mount Kilimanjaro in 2011 for the Royal Alexandra Hospital Foundation. An exceptional feat consid-

below Krishna Gupta receives the award from Edmonton City Councillor Amarjeet Sohi (right), with husband Radhe (left) and son Rohit (far left).

MAR 15 - APR 12, 2013 | New home Guide 35

STONY PLAIN

Meet your new neighbours

I only minutes away from schools, shopping and any big-city It’s amenity you can imagine, but it’s like living in another world. You’re surrounded by pristine forest —9.19 hectares of environmental reserve and 1.46 hectares of parkland. There is a variety of lot sizes and the houses are beautiful. Front-attached garage style homes start in the mid $300’s*. Duplex Style Homes Now Available. See for yourself! Visit a showhome today.

Golf Course Road & 79 Avenue, Stony Plain

You’re ready to make your move

SHOWHOMES

rra D Wes te Westerra Crest

Westerra Ave

Westerra Blvd

Westerra Link

Weste rra Dri ve

westerrastonyplain.com *Prices subject to change.

79th Ave

rive

Sterling Homes 780.963.8905 Coventry Homes 780.963.3822

Convenient appointment, day or night, home or office • Competitive rates on a wide selection of mortgages •

For convenient mortgage service, contact: Nancy Bruno-Romeo Mobile Mortgage Specialist Tel.: 780-973-8892 Cell: 780-908-7183 nancy.bruno@bmo.com What’s next for you?

® Registered trade-mark of Bank of Montreal.

Mortgage Expertise at Your Doorstep 24/7 74_BMO_20/13

36 NEW HOME GUIDE | MAR 15 - APR 12, 2013

6 5

1 7 Genesis Drive

Genesis Lake Blvd.

1 THE FAIRWAYS

6 SPRING LAKE RANCH

2 GENESIS ON THE LAKES

7 SOUTHCREEK

DEVELOPER: Reid Worldwide Corporation BUILDERS: ReidBuilt Homes LOCATION: Fairway Drive DEVELOPER: Unitech Construction Services Ltd. BUILDERS: Ashton Homes, Caribbean Homes, Fox Maple Homes, Innova Homes, Sierra Homes, Stellar Homes LOCATION: South off highway 16A onto Highway 779 (also known as 48 Street)

3 LAKE WESTERRA

DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, Sterling Homes LOCATION: Golf Course Rd. & 79 Ave.

5 SILVERSTONE

DEVELOPER: Qualico Communities BUILDERS: ReidBuilt Homes LOCATION: South on Boundary Rd at 44th Ave.

DEVELOPER: Wilcor Development Group BUILDERS: Wilcor Homes, Open LOCATION: Spring Lake Exit off of Hwy 16A & Range Road 15 DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Alquinn Homes LOCATION: South of Fairway Drive & West of Boundary Road

8 THE ESTATES AT WATERS EDGE

DEVELOPER: Waters Edge Developments BUILDER: Waters Edge Developments LOCATION: Only 20 mins West of Stony Plain On Hwy 43 at Gunn & Just 35 mins West of St. Albert on Hwy 37 located on the North Shore of Lac Ste Anne

9 HILLS OF TWIN LAKES

DEVELOPER: Dyrbye Developments Ltd. BUILDERS: Open LOCATION: 2 miles North of Yellowhead Trail on highway 779 & 1.5 miles West on twp road 534

10 WILLOWS END

DEVELOPER: Jaffer Developments BUILDER: Jaffer Developments LOCATION: 48 Street and Willow Park Road North

• POPULATION: 10,544 and Growing. • LOCATED: 20 km west of Edmonton on Hwy 16A • SCHOOLS: 4 Kindergarten to grade nine, Senior high, French Immersion & including 2 Religious schools. • GROCERY: Extensive with new Big Box National Outlets 2 km to the east of town. • RECREATION FACILITIES: New tri-municipal recreation complex east of town. 18 hole CPGA Championship Golf Coarse, curling, skating, library, Municipal Heritage Centre, Heritage Walk of Murals. • MEDICAL FACILITIES: New 70 bed acute & extended care hospital. Full ambulance services. 3 Medical Clinics. • PARKS & PATHWAYS: Extensive, including 12 km of pathways, watercourses & Lions campground.

stony plain

AREA INFO

PUBLIC SCHOOLS • FOREST GREEN 5210 - 45 Street 963-7366 [1] • HIGH PARK 40 Highridge Way 963-2222 [1] [2] • MEMORIAL COMPOSITE 5116 - 55 Avenue 963-2255 [3] • MERIDIAN HEIGHTS 4119 - 43 Street 963-2280 [1][2] • STONY PLAIN CENTRAL 5108 - 55 Avenue 963-2203 [1][2]

SEPARATE SCHOOLS • JOHN PAUL II 5801 - 48 Street 963-2526 [1][2]

PRIVATE SCHOOLS • ST. MATTHEW LUTHERAN 5014 - 53 Avenue 963-2715 [1] Elementary K-6 [2] Junior High 7-9 [3] High School 10-12

DEVELOPER: Touchmark BUILDERS: Phase 1: Westhill Construction Ltd. Phase 2: Celebration Homes LOCATION: 183 St & Lessard Road

7 COPPERWOOD

DEVELOPER: The Grange South West Property Corporation BUILDERS: Open LOCATION: Hemingway Rd. & 199 Street (between 45 Ave. & 62 Ave.)

west

6 TOUCHMARK

8 CAMERON HEIGHTS 35 Ave.

1 LEWIS ESTATES

DEVELOPER: Cameron Heights Joint Venture BUILDERS: Canyon Spring Master Builder, Hillview Homes Master Builder, Landmark Homes, Darrenâ&#x20AC;&#x2122;s Homes, Classic Landmark Homes, Pacesetter Homes, Kanvi Homes, Marcson Homes, Look Homes LOCATION: South on Anthony Henday to Cameron Heights Drive.

DEVELOPER: Lewis Estates Communities Inc. BUILDERS: ReidBuilt Homes, Challenger Homes, Landmark Homes, Western Living Homes, Canyon Spring Master Builder, Marquee Homes, Paulmac Developments, Lincolnberg Homes, Lincolnberg Communities MEADOWLANDS ESTATES Homexx Corporation, Western Living Homes,Canyon Spring Master Builder, Stonegate Developments MEADOWLANDS Encore Master Builder, Landmark Legacy Homes, Lincolnberg Homes SUDER GREENS Reid Built Homes, Challenger Homes, Landmark Homes, Hillview Homes LOCATION: West of Anthony Henday on 87th Ave.(Webber Greens Dr.) WEBBER GREENS Estate Homes-Western Living Homes, Canyon Spring Master Builder, Marquee Homes, Move-Up Homes-Landmark Homes, Challenger Homes, Reid Built Homes

2 WEDGEWOOD

DEVELOPER: Reid Worldwide Corporation BUILDERS: ReidBuilt Homes LOCATION: Corner of Lessard Road & 180th Street

3 THE PROPERTIES OF DONSDALE

DEVELOPER: Alldritt Land Corporation LP BUILDERS: Open LOCATION: 178 Street south to Lessard Road turn on Danbury Boulevard & follow the signs

4 PARKLAND

DEVELOPER: Brookfield Residential BUILDERS: Daytona Homes Master Builder, Parkwood Master Builder, Park Royal Homes, Landmark Homes, Canyon Spring Master Builder, Brookfield Homes, Sterling Homes, Classic Communities. LOCATION: 199 Street & 62 Avenue (Callingwood Rd)

5 HAMPTON TERRACE

DEVELOPER: Qualico Communities BUILDERS: Rohit Communities, Sterling Homes LOCATION: Lessard Road & 199 Street

9 HAMPTON POINTE

DEVELOPER: Beaverbrook Developments BUILDERS: MacLachlan & Mitchell Homes, Bedrock Homes, Dolce Vita Homes LOCATION: Take Anthony Henday, turn West on Lessard Road.

10 GRANVILLE

DEVELOPER: Alldritt Land Corporation LP BUILDERS: Alldritt Homes, Bedrock Homes, Crimson Cove Homes, Infiniti MasterBuilt, Kanvi Homes, Kimberley CustomBuilt, Pacesetter Homes, Parkwood Master Builder, San Rufo Homes LOCATION: SW corner of Whitemud Dr. and Guardian Rd.

11 SECORD

DEVELOPER: Hopewell Residential Communities BUILDERS: Daytona Homes Master Builder, Innovations by Jayman, Jayman MasterBUILT, Prominent Homes, Sabal Homes LOCATION: North of Whitemud Dr. on 215 Street

12 WOODHAVEN -EDGEMONT DEVELOPER: Walton Development and Management LP BUILDERS: Montorio Homes, Coventry Homes, Sabal Homes, Pacesetter Homes LOCATION: 199street and 35 ave

WEST

40 NEW HOME GUIDE | MAR 15 - APR 12, 2013

WEST

Nominated For The 2013 Awards of Excellence! Alldritt Land Corporation is proud to announce that it has been nominated as a finalist for the 2013 Awards of Excellence in Housing as presented by the Edmonton Home Buildersâ&#x20AC;&#x2122; Association, in the developer category for the community of Granville. We are further pleased to announce that together with our group of Builders, we have been nominated for a total of 56 awards. Some of these include:

Best Subdivision Best Development Landscaping & Amenities Best Show Home Parade Best Community Entrance Best Sales Centre Best Sales People Best Duplex Best Bungalow/Bi-Level Best Two Storey/Split-Level Congratulations to our Builders and thank you to all who have made us a great success! We invite you to visit our website or stop by any of our show homes and find out if Granville is right for you.

Font: The Sans - Sans Caps Colours: black + PMS 484

WWW.MYG R ANVI LLE.COM PROUDLY PRESENTED BY AN ALLDRITT GROUP COMPANY

WEST

Come visit us today! Take Anthony Henday then West on Webber Greens Dr.

Estate Living COME SEE OUR

SHOWHOMES Western Living Homes – 780-756-7548 Canyon Spring Master Builder – 780-496-9535 Marquee Homes – 780-758-5184

VISIT OUR

STARTER HOMES ReidBuilt Homes – 780-758-5184 Landmark Legacy Homes – 780-702-8923 Encore Master Builder – 780-758-7688 Lincolnberg Master Builder – 780-430-8445 and 780-431-8853 (duplexes)

Move-up Homes COME VIEW OUR

NEW NEIGHBOURHOOD Look Homes Master Builder – 780-756-2461 ReidBuilt Homes – 780-758-5184 Challenger Homes – 780-443-4633 Landmark Homes – 780-701-3077

SHOWHOME HOURS: Monday to Thursday – 3pm to 8pm | Saturday, Sunday & Holidays – Noon to 5pm | Closed Fridays

44 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Integrity in Real Estate since 1923

Winter

This at the

BUILD YOUR NEW HOME

place

edMontoN

inthenews

Ambleside in Windermere:

Family Day Frolic

It was a lovely winter afternoon for Ambleside

in Windermereâ&#x20AC;&#x2122;s annual Family Day Frolic event on Sunday, Feb. 19. This flourishing southwest Edmonton community showcased its newest showhomes by hosting a fun-filled family affair. With more than 400 people in attendance, both residents and new-home buyers had the opportunity to explore and enjoy this premiere destination which features single family homes, rear laned homes, semi-detached homes and multi-family home options. Guests took advantage of the pleasant weather by taking leisurely wagon rides around the sprawling community, and enjoyed hot chocolate, coffee and delicious snacks. An ice carving and little chippers table presented by Ice on Whyte gave attendees the opportunity to test out their ice carving skills. Plus, guests had the chance to enter to win one of two $500 Currents gift cards! Situated south of the Anthony Henday on 170 Street/ Terwillegar Drive, the location of Ambleside in Windermere is exceptional. Surrounded by an array of amenities, including Currents shopping development, residents are always just a few minutes away from an assortment of restaurant, entertainment, retail and banking options. Ambleside in Windermere also provides quick and easy access to the Anthony Henday, allowing for convenient commutes around the city of Edmonton without any of the central city traffic. This Windermere community features charming walking paths, a 9.8-acre central park and playgrounds throughout the neighbourhood for residents to enjoy. Treelined streets and ponds create picturesque settings, and 46 New home Guide | MAR 15 - APR 12, 2013

enhance the family appeal of this development. With multiple home builders and home styles available, Ambleside in Windermere has plenty of options for homebuyers to choose from. To learn more about Ambleside in Windermere please visit amblesidewindermere.ca

足southwest

8 keswick on the river

DEVELOPER: MLC Group BUILDERS: Cameron Homes, Rohit Communities, 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 Ave)

9 riverpointe at windermere DEVELOPER: VIP Development Group. BUILDERS: Open LOCATION: North of 9th Ave. and 170 St.

10 windermere ridge

156 St.

DEVELOPER: Beaverbrook Developments. BUILDERS:Cami Custom Homes, Marco Antonio Homes, Open LOCATION: Windermere Blvd., West of 170 St.

1 AMBLESIDE IN WINDERMERE

DEVELOPER: Windermere Lands Ltd., Windermere Ambleside Ltd. BUILDERS: Marcson Homes, Bedrock Homes, Kimberley Homes, Homes by Avi, Kanvi Homes LOCATION: Terwillegar Drive and Anthony Henday Drive

2 langdale in windermere

DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, MacLachlan & Mitchell Homes, Pacesetter Homes, Sterling Homes, Sterling Squared, Rohit Communities LOCATION: 170 St & 7th Ave. S.W.

3 Mactaggart mains

DEVELOPER: Melcor Developments Ltd. BUILDERS: Kimberley Homes, Parkwood Master Builder, Western Living Homes, Homes by Managen, LOCATION: On East side of 142 St., South of 23 Ave.

4 MagraTh

DEVELOPER: Terwillegar Pointe Communities Summit - BUILDERS: Ace Lange Homes, Birkholz Homes, Perry Built Homes Inc., Carriage Custom Homes, Homes by Avi

11 LARCH PARK Manors - BUILDERS: Hillview Homes, Homes by AVI, Landmark Homes LOCATION: South of 23 Ave. & East of 142 St.

5 Glenridding

Developer: UnitedCommunities Builders: RSL - Homesby Avi, Pacesetter, Parkwood Homes, Landmark Homes. RPL - Pacesetter, Landmark Legacy Homes, Rohit Communities. Duplex Homes (front attached Garages) - Parkwood Homes, Landmark Legacy. Duplex Homes (rear attached garages) Homes by Avi, Rohit Communities. LOCATION: 156 Street & Ellerslie Road

6 the uplands of mactaggart

DEVELOPER: Maclab Enterprises BUILDERS: Birkholz Homes, Fekete Homes, Homes by Avi, Classic Landmarks Master Builder LOCATION: On East side of 142 St., South of 23 Ave.

7 UPPER WINDERMERE

DEVELOPER: Beaverbrook Developments BUILDERS: Ace Lange Homes, Homes by Managen, Montorio Homes, Dolce Vita Homes, Artisan Homes, Carriage Signature Homes, Sunny Valley Homes, Westbrook Homes, MacLachlan & Mitchell Homes, Open LOCATION: Windermere Blvd. West of 170 St.

DEVELOPER: Melcor Developments BUILDERS: Ace Lange Homes, Birkholz Homes, Carriage Signature Homes, Landmark Classic Homes, Habitat Studio, Perry Signature Homes Inc. LOCATION: next to Whitemud Creek Ravine

12 CREEKWOOD CHAPPELLE

DEVELOPER: Delcon Creekwood BUILDERS: Alldritt Homes, Artisan Homes, Marcson Homes, Bedrock Homes, Homes by Avi, Kimberley Homes, Landmark Homes, Landmark Communities, ReidBuilt Homes, Landmark Legacy Homes, Rohit Communities LOCATION: South of Ellerslie Road & West of 141 Street

13 WINDERMERE SOUTH

DEVELOPER: Windermere Lands Ltd. BUILDERS: Dolce Vita Homes, Bedrock Homes, Thomsen Built, Kimberley Homes, Daytona Homes Master Builder LOCATION: 170th Street & Ellerslie Road

14 Chappelle Gardens

Developer: Brookfield Residential Builders: Lincolnberg Master Builder, Daytona Homes Master Builder, Look Homes Master Builder, Homes By Avi, Maple Isle Homes, Brookfield Homes Location: South of Ellerslie Road & West of 141 Street.

15 ONE AT WINDERMERE

DEVELOPER: Beaverbrook Developments Builders: Bedrock Homes, Dolce Vita Homes, Western Living Homes Location: Winderemere Blvd. West of 170 Street

southWEST

SOUTHWEST

Backyard Bliss Savour the joys of life without ever leaving home. 199 Street

Hampton

62 A ven Market ue

44 Ave

Lessard R o a d

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 49

SOUTHWEST

Some rooms are just...you. Amblesideâ&#x20AC;&#x2122;s designed to inspire Contest

You know when a room just…fits. Ambleside’s designed to inspire Contest

WIN 1 of 4 $10,000 fURNISHING PACKAGES! See reverse for details.

Ambleside_Insert 03-15-13 FRONT.indd 1

3/8/13 1:48:47 PM

DESIGNED to INSPIRE CoNtESt March 9–April 11

Visit Ambleside’s four brand new front attached garage showhomes to walk through four rooms that must be seen to be believed—and to be won. Vote for the room that inspires you at our info centre for a chance to win one of four $10,000 furnishing packages and design consultation with Wicket Blue Interiors.

Use bonus code Shopping for an extra entry.

find our location at amblesidewindermere.ca

Like us on facebook

find us on Pinterest

Four prizes to be won with an approximate retail value of $10,350 each. Chances of winning are dependent on the number of entries received. No purchase necessary. Skill testing question required. Contest closes on April 11, 2013. Full contest rules available at the Ambleside Information Centre.

Ambleside_Insert 03-15-13 BACK.indd 1

3/8/13 1:48:45 PM

SOUTHWEST

Win $10,000 Worth of inspiration. When you mix Edmonton’s finest furnishers and interior designers, something inspiring happens. Ambleside is now home to four rooms that must be seen to be believed—and to be won. Visit our four brand new front attached garage showhomes to step inside our custom-designed contest rooms. Vote at our info centre for the room that inspires you and you could win a $10,000 package towards the furnisher that helped make that room come to life, plus a design consultation from Wicket Blue Interiors! Keep your eyes peeled for bonus entry codes—with four grand prizes to be won, you’ll want to enter as many times as you can.

Enter to win from March 9–April 11

SOUTHWEST

52 NEW HOME GUIDE | MAR 15 - APR 12, 2013

southWEST

SOUTHWEST

So much nature to explore* *with two new playgrounds for twice the fun!

Homes from the low $300s Showhome Hours: Mon-Thurs, 2–8 pm Sat-Sun, 12–5 pm

CreekwoodChappelle.com @LifeInCreekwood

28 Ave

LifeInCreekwood

snap & win with #kanvihomes

Urban Series in Ambleside starting from

$510,000

Kanvi Homes is not your average home builder. We bring together the benefits of new home construction with modern and contemporary design that complement the family lifestyle. We pay attention to the smallest details in your home, from our innovative design concepts through to completion with high quality craftsmanship. We are proud and honoured to complete each and every home we create. The Urban Series by Kanvi Homes offers all the modern hallmarks of Kanvi, but at a price-point accessible for the first or second-time home buyers. Enjoy the convenience of selecting from a variety of floor plans, and appreciate the Kanvi ‘wow’ factor with our Urban Series. Ambleside Showhome 3691 Allan Drive SW Area Manager: Betty Semeniuk Phone: 780 862 9012 Email: betty@kanvihomes.com

Showhome hours Monday - Thursday: 2 - 8pm Friday: Closed Saturday, Sunday, Holidays: Noon - 5pm

*Price includes lot, home & GST. Price subject to change without notice.

56 NEW HOME GUIDE | MAR 15 - APR 12, 2013

kanvihomes.com

SOUTHWEST

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 57

SOUTHWEST

UPPER WINDERMERE. EDMONTON’S DESIGNER ADDRESS.

Introduce yourself to Upper Windermere, a community of luxuriously appointed homes nestled in small clusters by the North Saskatchewan River. Stroll over to the private leisure centre and enjoy an array of activities, or just lounge by the heated pool. It’s refined living for the whole family. Even Boris the dog. Please visit upperwindermere.com for more details.

BEST SUBDIVISION

HOMES fROM THE MID- $400’S TO $1M+ 58

• Urban

BB_UW_AV_4C_Dog_Feb7/2013.indd 1

• Premier

• execUtive bUngalows

• estate 13-03-05 12:20 AM

Vanilla is for ice cream.

Donâ&#x20AC;&#x2122;t be beige. One at Windermere showhomes officially open March 17th. Our six distinctive new showhomes are ready for viewing, featuring two distinct styles of architecture, Contemporary Modern and Praire Modern. Visit oneatwindermere.com

OneAtWindermere_Vanilla(New Home Guide).indd 1

13-03-05 11:48 AM

inthenews

Refined country living meets modern city convenience

Introducing

The Woods at Kenton,

Spruce Grove’s most prestigious new community

Beaverbrook Developments announces the

official launch of The Woods at Kenton, an exclusive new community in Spruce Grove. With only five public lots being released at this time, Beaverbrook expects an overwhelming response. The community will lie on a single cul-de-sac comprised of 31 estate lots. Each backs onto a 10-metre protected tree stand, providing each home with ample amounts of solitude and privacy. The Woods at Kenton are a daily natural escape. “We’re excited to celebrate the launch of our new community. You are able to enjoy a country setting, but you’re still in the city for convenience,” says Salima Kheraj, senior project manager at Beaverbrook. “It’s an excellent addition to Spruce Grove. We anticipate lots of interest.” Amenities such as the future Westwind Commercial Centre are close by, providing residents convenient shopping access. Lots will also accommodate a three-car garage, a feature unique to Spruce Grove. Families will 60 New home Guide | MAR 15 - APR 12, 2013

also enjoy an attractive playground planned for the community. Buyers can choose to purchase a public lot or work with one of Beaverbrook’s exclusive builders – Alquinn Homes or Hillview Master Builder. Visit woodsatkenton.ca to learn how you can join this exclusive community. About Beaverbrook Developments

Beaverbrook Developments is a leading Alberta-based real estate developer that has created “communities for living” for more than 15 years in the Edmonton and area region. By carefully designing vibrant neighbourhoods and handselecting each community’s builder group, Beaverbrook ensures that their communities are a wonderful place to call home. An industry leader, Beaverbrook continues to build important relationships with its customers and suppliers through its association with the Urban Development Institute and Canadian Home Builders’ Association.

45 St.

•P opulation: 17,000 and growing “Small city” living within minutes of “Big city” amenities.

44 St.

50 St.

3 Calmar

AREA INFO • Located: 20 km south of Edmonton on Hwy 2

Telford Lake

• Grocery: Variety of shopping.

Rollyview Rd.

Hi gh wa y2 A

8 2

To Calgary

42 St.

QE II

•S chools: 7 Elementary, 2 Junior & Senior high. Public, Private & Separate school systems.

C.W. Gaetz Drive

Black Gold Dr.

Coady Blvd.

42 Ave.

St. 50

Alton Dr.

Grant MacEwan Boulevard

Hwy 60

50 Ave.

To Wetaskiwin

1 MEADOWVIEW PARK

DEVELOPER: Qualico Communities BUILDERS: Stardust Homes, Open LOCATION: Coady Blvd. & McDowell Wynd, South of Rollyview Rd.

6 ASPEN CREEK

DEVELOPER: Maclab Enterprises BUILDERS: Barr Canna Homes, Moduline Homes LOCATION: Suntree Promenade & Aspen Creek Way

2 TRIBUTE

DEVELOPER: Qualico Communities BUILDERS: Lakeview Homes, Tristate Signature Homes LOCATION: Dunlop Wynd & Caledonia Dr.

4 Windrose

DEVELOPER: Maclab Enterprises BUILDERS: Homes by Sher-Bilt, Cornerbrook Construction, Jacob’s Construction, McLean & McLean Custom Homes LOCATION: Exit at 50 Ave off Highway 2, proceed west, then go south on RR 253 to Windrose

•M edical Facilities: Full Service Community Hospital and Full Ambulance Service. •P arks & Pathways: 27 parks including Telford Lake, Fred John’s Park & Lions Campground.

7 WEST HAVEN PARk

DEVELOPER: Melcor Developments Ltd. BUILDERS: Encore Master Builder Santos Construction Ltd., Homexx Corporation LOCATION: West on 50th Ave, South on West Haven Boulevard

3 BRIDGEPORT

DEVELOPER: 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

• Recreational Facilities: Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library.

leduc

Highway 39 To Calmar

8 SOUTHFORK

DEVELOPER: Tamani Communities BUILDERS: Dolce Vita Homes, Homes by Avi, Innovations by Jayman, Jayman MasterBUILT LOCATION: Highway 2A & 50th Street

9 ROBINSON DEVELOPER: Beaverbrook

Developments BUILDERS: Bedrock Homes, Dolce Vita Homes, Homes by Sher-Bilt, Western Living Homes LOCATION: South of Rolly View Road on C.W. Gaetz Drive

THE CITY OF LEDUC,

a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion.

“A great place to call home!”

For more information contact The City of Leduc at 780-980-7177

5 SUNTREE

DEVELOPER: Maclab Enterprises BUILDERS: Kimberly General Partner, Cobblestone Master Builder, Bedrock Homes, Caliber Master Builder, Entity Homes LOCATION: Grant MacEwan Boulevard & Suntree Promenade

The grass will be greener, just like your wallet. 61

LEDUC

You shouldn’t have to sacrifice livability for affordability. Good thing West Haven Park is now on the map. We planned our community with tree-lined streets, playgrounds, fountains and walking paths—and just enough room for your family’s home. Visit our showhomes at Black Gold Drive & West Haven Drive

Integrity in real estate since 1923 63

marke t mar t s with

Jim Malner

While it is great to find the ideal home for your needs, family and future aspirations, there is that one small item that may be standing in your way – are you financially able to purchase a new home. Now, unless you want to end up on “Til Debt Do Us Part” being humiliated in front of thousands of equally inept TV viewers there is probably some fiscal literacy you should learn that may be handy for evaluating whether you should purchase real estate.

Take all your gross assets and subtract all your debts. If the result is positive you should be able to determine what down payment is reasonable.

Establishing your Net Worth is a good first step. This is a simple calculation and may turn out to be a real eye opener. Take all your gross assets (things you own of a significant monetary value, bank accounts, cash savings, RRSP’s, some insurances, etc ) and subtract all your debts (interpreted as enforceable amounts owed to people or organizations including balances on credit cards, student loans, credit lines, personal loans, etc. It should also include non-registered debt to parents, friends, employers and so on.) If the result is positive you should be able to determine what down payment is reasonable. Another thing to prepare is a “realistic” household budget so you know what “cash flow” is available monthly to service the financial obligations a new home brings. An important aspect of monthly budgeting aside from actually knowing your true expenditures is setting up an “emergency” savings amount. A third calculation to be familiar with is the GDS or Gross Debt Service calculation. Financial institutions use this calculation to determine what amount of money you can afford to spend on housing costs and will limit borrowing to that value. The general rule is housing costs cannot exceed 32% of your gross monthly household income. They include in housing costs principle and interest portions of mortgage payments, taxes, and heating expenses. Another affordability value banks look at is the TDS or Total Debt Service ratio. This variable states your total monthly debt service should not exceed 40% of your gross monthly income. This is where all those other factors like car loans, credit card debts, and student loans can really take a bite out of your home purchasing power. 64 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Financial Considerations To Buying A Home

A final calculation to think about is the maximum home price you can comfortably afford which will only partially be determined by you. The most important inputs to look at include your gross household income, what you can put into a down payment (your cash up front), and the prevailing mortgage interest rate which will determine what monthly payments are on any given priced home. To simplify the shopping process it is often a good exercise to visit the financial institution you will be getting your mortgage from and get a pre-approval. This will be a dry run of sorts through the financial maze of home ownership and all these calculations will be completed in advance and a pretty good idea of what you can spend be determined in a low pressure environment. The pressure really comes when you find a home that is perfect for you, because in Alberta real estate you have about 10 days to get financing approval. That may seem like a long time but in reality it is extremely tough to get all your financial house in order to the satisfaction of a bank in 10 days given today’s crushing work and home life obligations. Buying and owning a home is a great way to get yourself on the road to financial security but, as you can see, it does require some thoughtful and pragmatic planning and discipline. Most builders offer excellent financial support programs that help ease you through the process and I would recommend if you are feeling a bit lost in the process to take advantage of them. They generally include corporate banking services or mortgage brokering services that will help obtain financing if your credit is less than perfect or you need to restructure debts to achieve some of the thresholds discussed earlier.

Follow CSG on Facebook or Twitter for regular real estate opportunities and updates. All of Jim’s columns are posted on CSG’s blog at marketsmarts.net.

Jim Malner is President of Consumer Strategies Group (CSG), Alberta’s longest serving, professional, real estate marketing consultancy with offices in Edmonton, Calgary and Vancouver.

Show Home Locations The Elements of Erin Ridge North 10 Executive Way North, St Albert 780-733-7920 Harvest Ridge – Single Family 188 Harvest Ridge Dr., Spruce Grove 780-733-7922 Harvest Ridge – Rear Parking Lane 11 Hewitt Circle, Spruce Grove 780-733-7923 North Ridge 133 Northridge Dr., St. Albert 780-733-7921 Southfort Estates 9 Greenﬁeld Bend, Fort Saskatchewan 780-733-7924 Southfort Meadows 404 Meadowview Drive North Fort Saskatchewan Spruce Ridge Gardens Under construction Spruce Grove West Haven Park 105 Kirkpatrick Bend – Open Feb. 16th 103 Kirkpatrick Crescent – Open Spring 2013 Leduc Showhome Hours: Mon-Thur 3-8pm, Weekends & Holidays: 12-5pm Ofﬁce: 780.489.3028 sales@homexx.ca

HOMEXX.CA

BEAUMONT

FREE GOLF

AT COLONIALE WITH NEW HOME PURCHASE*

A master planned family community

IN BEAUTIFUL BEAUMONT • A striking community nestled around our ‘championship’ Coloniale Golf Course • Enjoy a friendly small town family lifestyle - with big city proximity • Master planned living with parks, shops, schools (offering French Immersion)

NEW LOTS COMING SOON

• Quality control through architectural guidelines to protect your investment • Less than 15 minutes from the Edmonton International Airport

Showhomes Open Weekdays 3pm to 8pm Weekends 12pm to 5pm, Closed Fridays

50 Street

Ellerslie Rd

Coloniale Way

d ade Blv

d ouchar

Rue Blanchard

BEAUMONT

Promen

Rue B

Show Homes

ETIQUETTE HOMES MONTORIO HOMES

780-951-7992 780.476.7070

*Ask your builder for terms and details regarding free golf.

66 NEW HOME GUIDE BUYERS| GUIDE MAR 15|-APR APR16 12,- 2013 MAY 14, 2010

• POPULATION: Approx 12,500 • LOCATED: 2 miles South of Edmonton on 50th street. • SCHOOLS: 5 Schools from Kindergarten to Grade 12. French Immersion offered in all. • GROCERY: Sobeys, Extra Foods • RECREATIONAL FACILITIES: Beaumont Regional Activities Centre and numerous outdoor facilities. • MEDICAL FACILITIES: 10 minutes to Grey Nuns Hospital. Served by Edmonton Ambulance. • PARKS & PATHWAYS: Approximately 170 acres of parkland & km of inter-connected walkways. •17 MINUTES TO THE AIRPORT

Come visit us and discover why

beaumont

AREA INFO

“Life is Better in Beaumont” for more information call 780-929-8782

or visit our website at town.beaumont.ab.ca

1 COLONIALE ESTATES

DEVELOPER: ARW Development Corp. BUILDERS: Montorio Homes, Etiquette Homes LOCATION: 50 St. & Coloniale Way

2 GOUDREAU TERRACE

DEVELOPER: Qualico Communities BUILDERS: Landmark Homes LOCATION: 50th Avenue & 62nd Street

3 PLACE CHALEUREUSE

DEVELOPER: Mandalay Developments BUILDERS: Royer Homes, Orca Homes, Goldenwood Homes, Davies & Company, Landmark Communities LOCATION: 50 Street & Blvd. Soleil

4 TRIOMPHE ESTATES

DEVELOPER: United Communities BUILDERS: Caliber Master Builder, Landmark Homes, Landmark Communities, Pacesetter Homes LOCATION: West on 50th Street at Rue Montalet (follow the signs)

6 RUISSEAU

DEVELOPER: Qualico Communities BUILDERS: Look Homes Master Builder. LOCATION: It is located on the south side of 50th ave at 66st.

7 ROYAL OAKS

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

EXECUTIVE LIFESTYLE LOTS NOW AVAILABLE CREATE POSSIBILITIES.

WE’RE BUILDING A COMMUNITY TOGETHER. JOIN US.

S LE TER EN SA N OP CE W O N

LO S TO TS ER CIT V Y TH AV IC E AIL ED PU A BL BL IC E

DEVELOPER: S&D Group Development Ltd BUILDERS: Abington Homes, Ashton Homes, Royer Homes, Open LOCATION: 44 Ave. just off 44 St.

5 DANSEREAU MEADOWS

Visit cancomdevelopment.com or contact us at 780.442.1111 for more information. 67

homebuyers’help

Creating the perfect

outdoor living space by Shane’s Landscaping & Contracting Ltd.

The outdoor living trend remains popular as homeowners seek to add lasting value and functional living space under the sky and stars. Whether it’s a do-it-yourself patio or a professionally installed outdoor kitchen, the beauty, usefulness, value and ease of maintenance in outdoor living space is limitless. Extending living space outdoors is as old as time itself. Creating an outdoor room is a natural extension of your indoor living space, by creating a space in the open air and adding elements like fireplaces, pergolas, water features and greenery; you get a very different feel. People want and need that connection to the outdoors.” Adding value Without erecting the traditional four walls and roof, outdoor living space can be easily added to large, small, twin or town homes. Enhancing an outdoor space with hardscapes adds value and can be adapted for multiple uses. Homeowners continue to embrace the trend of maximizing outdoor living space, whether it’s an outdoor kitchen or patio living room with a fire pit. Real estate experts say that for every dollar you invest in landscaping projects, you could see up to a $2 return when you sell your home. It’s never too early to start planning. The possibilities are endless, with maintenance-free pavers and segmental retaining wall systems which are budget-friendly for patios, walkways, courtyards, raised gardens, fire features and wall projects. When building your new home, be sure to include plans for exterior hardscapes either through your builder or a qualified landscaping contractor. There are so many solutions to fit any budget and need, big or small. Products such as permeable pavers allow 68 New home Guide | MAR 15 - APR 12, 2013

rainwater drainage if needed, and retaining walls come in colours that complement any environment. Al fresco living As a natural extension of the home’s ground floor, a patio expands a family’s living and entertaining space significantly. It provides a perfect gathering spot for guests and family who will be drawn from indoor dining areas to this enticing space. A popular trend is to expand kitchen space with outdoor grilling areas, stone fireplaces for cooking wood-fired pizza, or stone counters around a grill for food preparation. Because the kitchen is typically the customary gathering place in the home, it’s a natural extension for family and entertaining guests. Warming accents An outdoor fire feature such as a fireplace, fire-pit, creates an inviting outdoor focal point as well as a functional spot for entertaining. A half-circle seat wall or outdoor furniture around a fire pit or table creates a cozy nook, and adding a grill, pub set, chaise or settee can transform a patio into a lounge for gatherings well into the evening and late in the season. Adding ambiance Paved or stepping stone pathways can join both back and front outdoor living spaces. New homes make good use of the long-standing porch design. It’s easy to create a paver walkway linking the front and back or an outdoor kitchen to a lounge area. Lighting installed within steps and along paths can also add a unified ambiance to a home’s hardscape. Adding decor such as pergolas, trellises and arbors is great solutions for privacy, shade or continuity of design. Call a professional There’s no limit to the hundreds of ideas to enhance your yard. Hiring a qualified professional with the proper knowledge is a great place to start. Talk in length to a landscape professional, or visit a home and garden or search the Internet for inspiration. Take advantage of the outside to easily expand your living space. Give us a call – we can surely help you with your “yard of dreams.” Shane’s Landscaping & Contracting Ltd. is locally owned and operated, providing residential and commercial landscaping and snow removal services to Edmonton and surrounding area. Call us for a consultation at 780.983.8233 or view our portfolio at shaneslandscaping.com

BEAUMONT

FEaturEd HomE

the Sherbourne by Landmark Homes* 2078 Sq. Ft. • 3 Bedroom • 2.5 Baths • 2nd Floor Laundry

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 69

fundamentallyspeaking

How to find a home?

Pay attention to location, information and timing

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

by WAYNE KARL

TIMING

DESPITE WHAT YOU OFTEN HEAR, BUYING A HOME ISN’T ONLY

about location, location, location. True, this is the time-tested first rule of real estate, but there are other determining factors you must consider as part of your selection process. Indeed, there’s a new rule of thumb for buying real estate. LOCATION

First, what does that old adage really mean? Of course, we’d all love a highend home in the best neighbourhood. But that’s not always possible. For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home; the more of them your home has when you go to sell, the more desirable it will be to a greater number of people. This equates to demand – multiple offers and a higher price. INFORMATION

Whether you’re a first-time homeowner, “buying up” to accommodate a growing family or “right-sizing” as an empty nester, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in this magazine, to the resources available to you at Canada Mortgage and Housing Corp. (CMHC), to the local market expertise of new-home sales staff and realtors, the more knowledge you have, the better equipped you are to make informed decisions about buying, maintaining and eventually selling your home. 70 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Though your home is your primary residence, it is also an investment. Where you buy is usually determined largely by where you want to live, work and play. But when you buy and sell is also important. Like any financial instrument, real estate can fluctuate in value and your timing can determine how good of an investment it is. Given today’s challenging economic climate, there’s no shortage of media reports on the ups, downs, crashes and surges of the housing market. But if you’ve done your research, you won’t be spooked – or excited – by big-picture reports on short-term market performance. You know that real estate is not national or even regional – it’s very specific. You don’t buy the Canadian market and you don’t buy a provincial or even regional market. You buy a specific home, on a specific street in a specific neighbourhood. So, it’s not just about “location, location, location.” The new adage is “location, information and timing.” Do well with all three, and over the long haul your home is going to be one of the best lifestyle and investment decisions you ever made.

Anthony Henday James Mowatt Tr.

30 Av

13 ALLARD IN HERITAGE VALLEY

DEVELOPER: MLC Group / JCA Financial BUILDERS: Innovations by Jayman, Landmark Legacy, Rohit Communities, Jayman MasterBuilt, Sterling Homes LOCATION: South on James Mowatt Trail and South of 30 Avenue SW

101 Street

50th St.

QE II

DEVELOPER: MLC Group / JCA Financial BUILDERS: Landmark Communities, Sterling Squared, Simply Sterling, Rohit Communities, Innovations by Jayman LOCATION: South on James Mowatt Trail and North of 30 Avenue SW

1 18 7

Ellerslie Rd. (9th Ave.) 2

12 CALLAGHAN IN HERITAGE VALLEY

66 St.

Millwoods Rd.

23 Ave.

127 St.

91 St. Parsons Rd.

Calgary Trail South

Gateway Blvd.

111 St.

119 St.

30 Ave.

34 Ave.

14 THE ORCHARDS AT ELLERSLIE

814

DEVELOPER:Brookfield Residential 4 BUILDERS:Front attached Homes: Homes by Avi, Sterling Homes, Jayman MasterBUILT Rear-Detached Homes: Landmark Legacy Homes, Daytona Master Builder SemiDetached:Axio by Brookfield Homes LOCATION:turn south off of Ellerslie on 91st Street, turn east on 25th Ave SW.

RR243

Township Road 510

1 ELLERSLIE HEIGHTS

DEVELOPER: United Communities BUILDERS: Landmark Legacy, Homes by Avi, Landmark Communities, Landmark Homes, Park Royal Homes, Kirkland Homes LOCATION: North of Ellerslie Rd. on 66 Street

2 LAKE SUMMERSIDE

DEVELOPER: Brookfield Residential BUILDERS: Mosaic by Brookfield Homes, Axio by Brookfield Homes, Innovations by Jayman, Daytona Homes Master Builder, Landmark Homes, Homes by Avi, Pacesetter Homes, Landmark Classic Homes, Canyon Spring Master Builder, Aacropolis Homes LOCATION: Ellerslie Rd. & Parsons Rd.

3 CALLAGHAN

DEVELOPER: Rohit Land Dev. BUILDERS: Art Custom Homes, White Eagle Homes, D’Cor Homes, Rohit Communities, Celebration Homes LOCATION: 1 km South of Ellerslie Road on 111 Street SW

4 SUNSET VALLEY ESTATES

DEVELOPER: VIP Development Group of Companies BUILDERS: Open LOCATION: South Of Ellerslie Rd. between 66 Street & 75 Street

5 RUTHERFORD HEIGHTS

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, Look Homes LOCATION: James Mowatt Trail & Rutherford Rd.



RR244

13 41st Ave. SW

south

34 Ave.

38 Ave.

39 Ave.

Beaumont

6 WALKER LAKES NORTH

DEVELOPER: MLC Group / Cameron Communities BUILDERS: Cameron Homes, Crimson Cove Homes LOCATION: South of Ellerslie Rd. on 66 Street

7 WILLOW HAVEN

DEVELOPER : Carrington Land BUILDERS : Bedrock Homes LOCATION : 5624 - 7th ave

8 WALKER LAKES STATION

DEVELOPER: MLC Group / JCA Financial BUILDERS: Cameron Homes, Greenboro Homes, Sterling Homes, Pacesetter Homes, Landmark Communities, Lincolnberg Master Builder, Tamarack Park, Sterling Squared, Landmark Legacy LOCATION: South of Ellerslie Rd. on 66 St.

9 RUTHERFORD ESTATES

DEVELOPER: Kimberley Communities BUILDERS: Kimberley Communities, Kimberley Homes LOCATION: South of Ellerslie Road just off 127 Street

15 WALKER SUMMIT

3 min. to

DEVELOPER:United Communities Beaumont area BUILDERS: RSL - Kirkland, Landmark, Morrison and Montorio Duplex - Morrison, Montorio and Innovations by Jayman LOCATION: South on Ellerslie to 66th Street.

16 AURORA

DEVELOPER: Melcor Developments BUILDERS: Bedrock Homes Coventry Homes, Landmark Homes Parkwood Master Builder,Trend Homes Lincolnberg Master Builder LOCATION : Southeast Edmonton south of Ellerslie Road on 66th Street

17 ROYAL OAKS

DEVELOPER: Cancom Development BUILDER: Konark Homes, Cancom Homes, Infiniti Homes, Open LOCATION : South on 101 Street to Towship Road 510. Turn east to EastVistas Blvd. (follow signs)

18 CHARELSWORTH

DEVELOPER: Cameron Communities BUILDER: Marcson Homes LOCATION: Just off Ellerslie, on 57th Street SW – and 7th ave

10 ALLARD

DEVELOPER: United Communities BUILDERS: Caliber Master Builder, Kimberley Homes, White Eagle Homes, Parkwood Homes, LOCATION: 111th Street & 30th Ave

11 RAVINES OF RICHFORD

DEVELOPER: Rohit Land Development BUILDERS: Celebration Homes, OPEN LOCATION: Ellerslie Road & Blackmud Creek Ravine

THE BEAUTY IS IN THE DETAILS. Homes starting in the $290’s

theorchards.ca 71

EDMONTON’S MOST COMPREHENSIVE “BUILDER AND DEVELOPER GUIDE” GET TO KNOW EDMONTON’S DEVELOPERS AND BUILDERS ONE STORY AT A TIME

Coming soon

On Stands Watch for Now! it!

October 2012 • Large Format

2013 BUILDER & DEVELOPER

Edmonton’s Builders, Developers and Communities– One Story at a Time

• Industry Insights by Home Building Leaders • Detailed Home Builder Stories • Mortgage and Legal Advice

Finding the RIGHT COMMUNITY for your new home or condo is easier than ever.

Presented by the publishers of

Pick up your copy of our editorial-based builder and developer proﬁle magazine FREE AT OVER 700 LOCATIONS with the New Home Guide and New Condo Guide. Brought to you by the Publishers of

42 New home Guide | MAR 56 38 50 72 oct 15 nov dec feb 21, 26 15 23 --2012 mar APR nov dec 15, -12, 21, 23, jan 2013 2012 18, 2013

JAN JAN18 18- -Feb Feb15, 15,2013 2013||New Newhome homeGuide Guide07 07

SOUTH

Featured Home

Westport Morrison Homes

2278 Sq. Ft. • 3 Bedrooms • 2.5 Bathrooms

Exclusive Builders | 8 New Showhomes Now Open

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 73

SOUTH

Welcome to Lake Summerside South Edmonton

Turn in! The beach is great at Lake Summerside. You’ll be greeted by a diverse selection of home styles for growing families and ﬁrst time buyers alike. It’s all here. A community beach club at a lake you can actually get in and enjoy. Plus a new school and amazing shopping nearby. All signs point to a smart decision.

Show Home Opening Join us Sunday, March 17 from 12-5 for a St. Patrick’s Day event ﬁlled with refreshments, prizes and fun for the whole family! Six new Front Attached show homes to see!

*Front Attatched Show Homes = Show Home Locations

=7804 to 7824 – 22 Avenue SW.

New Show Homes by: • Homes by Avi • Landmark Homes • Pacesetter Homes (New to the community!)

Other Show Homes by:

Finalists in the 2013 Awards of Excellence in Housing, Homes category!

Landmark Classic Homes

Summerside-Community.com

74 New home Guide | MAR 15 - APR 12, 2013

Mosaic Townhomes Brookﬁeld Duplexes Innovations by Jayman Daytona Homes Master Builder Canyon Spring Master Builder Aacropolis Homes

SOUTH

66TH STREET

91ST STREET

PARSONS ROAD

CALGARY TRAIL

ANTHONY HEND AY DRIVE

ELLERSLIE ROAD (9TH AVENUE)

Integrity in real estate since 1923

communityprofile

Aurora Right at home under the stars

f you live in Aurora, Melcorâ&#x20AC;&#x2122;s new community in the cityâ&#x20AC;&#x2122;s southeast, you might be spending a lot of time with your eyes turned toward the heavens. Aurora is the first and only community in Edmonton that celebrates the wonders and mysteries of the night sky. The name itself is a nod to the aurora borealis, or Northern Lights, and to the stars and constellations. Located at the edge of the city south of Ellerslie Road on 66th Street, Aurora is

the perfect place to trade the bright lights of the city for the bright lights in the sky. AndrĂŠ Banks, development manager for Melcor, says the company is dedicated to its vision of making Aurora an amenityrich community for residents. With a strong emphasis on nature and the sky, Aurora has plenty of greenspace and a wealth of family-oriented activities, plus a diverse range of housing options. At the centre of this community is a naturalized wetland with three ponds, each 77

communityprofile

boasting a fountain that lights up at night. The ponds are connected by meandering channels and are surrounded by a walking trail. The walking trail around the ponds also connect to walkways throughout the neighbhourhood. A threekilometre trail runs along the north end of the development, and there is greenspace that connects to a future school and park site. At the south end of the pond, you’ll find the stargazing plaza. “The stargazing plaza has placards that feature different constellations,” explains Banks. “You can refer to the placard and then find the constellation in the sky.” In order to see the night sky better, Melcor has installed LED streetlights to reduce light pollution. Welcoming you into the neighbourhood is an illuminated entrance feature that mimics the shifting display of the Northern Lights. The illumination concept was something Melcor worked hard on. “It’s quite beautiful and it feels like it is moving you into the community,” says Banks, who encourages everyone to take a drive out to see this inventive and remarkable feature for themselves. Bringing value to the neighbourhood extends beyond the amenities. Aurora also has a variety of homes built by a group of home builders which are highly respected in the industry. “Melcor is very particular about which builders to bring in,” notes Banks. “And we are very pleased with the ones here in Aurora.” From duplexes to singlefamily homes, there is something for everyone, whether you are starting out in homeownership or are looking to move up. Respected builders Parkwood, Landmark, Coventry and Bedrock are building the single-family homes. Homes with attached garages start in the high $300,000s, and walkouts along the pond are also available. “There is also a bungalow option as well,” says Banks, adding that downsizers especially might like the idea of a bungalow. Single-detached homes are coming on-stream. Starting in the mid $300,000s, builders for these homes are

The walking trail around the ponds also connect to walkways throughout the neighbhourhood. A three-kilometre trail runs along the north end of the development, and there is greenspace that connects to a future school and park site. Lincolnberg and emerging builder, Trend, who is debuting in Aurora. Also available are duplexes starting in the low $300,000s by Bedrock, which is creating an interesting streetscape by offering both a front garage or rear garage option. If these housing options aren’t enough, a townhome development will be available in the future. While Aurora might be on the quiet edge of the city, it is conveniently located so residents can easily access shopping and services along Ellerslie Road and South Edmonton Common. Banks points out that there is also a future commercial site going in on Ellerslie Road and 50th Street just blocks away. There is great connection to major arterial roads. Gateway Boulevard will get you to downtown in 20 minutes. “For those who work downtown but want to live in a quiet suburb, Aurora is a great choice,” says Banks. And the Henday is only minutes away for commuting to other points in the city, plus the airport is just down the road. “For convenience, it doesn’t get much better than this,” adds Banks. Add in quality homes and plenty of greenspace, and you’ll be right at home under the stars. MAR 15 - APR 12, 2013 | New home Guide 79

SOUTH

Show Homes Now Open

P r e s t ig io u s A d u lt L i v i ng in Callaghan STARTING FROM $499,900

Enjoy maintenance free living, in this unique adult community that offers a distinctive address with Mediterranean style architecture. It’s time you were pampered to enjoy the finer things in life - snow removal, all exterior maintenance and landscaping will be looked after. You’re also just 15 minutes from the airport, making it the perfect place for Edmonton’s snow birds. And now, until the end of April, receive a finished basement complete with wet bar and fully packaged theatre room!

80 New home Guide | MAR 15 - APR 12, 2013

SOUTH

We dare you to find another affordable estate community in the southwest where you can find: • A triple car garage • Elegant yet simple architectural requirements • Flexibility in meeting your wants • Four award winning builders

…but not for long! New Estate Showhomes

Caliber Master Builder 780.430.0037 Kimberley CustomBuilt 780.604.8900 Parkwood Master Builder 780.469.4754 White Eagle Homes 780.497.8998 Showhome Hours

Monday to Thursday 3–8PM Weekends and Holidays 12–5PM

www.allardheritagevalley.ca MAR 15 - APR 12, 2013 | NEW HOME GUIDE 81

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. 82

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

SOUTH

IF YOU APPRECIATE DETAIL, WE HAVE THE ADDRESS FOR YOU.

Calgary Trail SW

Que

en Elizabeth Hw y

Calgary Trail

91 Street NW

91 St r

Come to life at theorchards.ca

s Road son P ar

In The Orchards, the true beauty is in the little things – like handcrafted address plaques for every house. We designed every detail in this new community so that you’d be close to walking trails, schools and shopping, and your investment would stay as secure as the day you moved in.

Ellerslie Rd.

25 Ave SW

SOUTH

84 New home Guide | MAR 15 - APR 12, 2013

SOUTH

MAR 15 - APR 12, 2013 | New home Guide 85

inthenews

GO FIXED, GO FIVE AND BECOME

mortgage-free faster: BMO BMO IS LOWERING THE RATE ON

its five-year, fi xed low-rate mortgage to 2.99 per cent from 3.09 per cent, effective immediately. “In 2010, BMO introduced Canadians to a five-year fi xed rate mortgage with a maximum amortization of 25 years and a very attractive interest rate,” says Ernie Johannson, senior vice-president, personal banking, Canada, BMO Financial Group. “Since the launch of BMO’s fi xed low-rate mortgage, Canadians will have saved more than $200 million collectively by the time their mortgages are paid off.

86 NEW HOME GUIDE | MAR 15 - APR 12, 2013

“Today, we are once again making this mortgage, which is perfect for Canadians who want certainty of payment and protection against the risk of rising rates, available at 2.99 per cent. Our message to Canadians is simple: go fi xed, go five, lock-in now at a terrific rate and become mortgage-free faster with a shorter 25-year amortization.” “Given that the most likely trend in interest rates is upward and that longer-term interest rates are likely to move first, we believe that locking in for five years is the superior choice,” adds Doug Porter, chief economist, BMO Capital Markets. “Longer-term rates, such as five-year mortgages, can start moving higher well in advance of any action by the Bank of Canada. Current five-year interest rates remain exceptionally low. A five-year term gives borrowers ample protection against the possibility of rates returning to more typical levels in the next few years.” Johannson adds, “BMO’s efforts to encourage Canadians to pay down debt and build equity in their homes have been aligned with Minister Flaherty’s timely and prudent actions to encourage moderation in the housing market.” “Canadians have 90 days to get pre-approved while they search for the right house that fits within their budget,” she says.

足southeast

1 mapleridge & oakridge communities

DEVELOPER: Maple Ridge & Oak Ridge Communities BUILDERS: Country Hills Homes LOCATION: 17 Street between Sherwood Park Freeway and Whitemud Drive

2 TAMARACK

DEVELOPER: Dundee Developments

UILDERS: Landmark Homes, Homes B by AVI, JDL Homes, Landmark Legacy Homes, Landmark Communities, Coventry Homes LOCATION: From Whitemud go South on 17 Street & follow the signs to Tamarack Gate

3 LAUREL

DEVELOPER: Dundee Developments

UILDERS: Coventry Homes, B Greenboro Homes, Landmark Homes, Homes by AVI, Landmark Legacy Homes, Lincolnberg Master Builder, Landmark Communities LOCATION: South of 23 Avenue and East of 34 Street

4 LAUREL CROSSING

DEVELOPER: Qualico Communities

BUILDERS: Pacesetter Homes, Sterling Homes, Landmark Homes, Tristate Signature Homes, Sterling Squared, Bedrock Homes, Connect Homes LOCATION:34 Street & 16A Avenue

Slide Over

To Our Place

5 MAPLE CREST

DEVELOPER: Dundee Developments BUILDERS: Homes by Avi, Coventry Homes, Greenboro Homes, Landmark Homes, Landmark Legacy, Lincolnberg Master Builder, Landmark Communities, Bedrock Homes LOCATION: Maple Road (38th Avenue NW) and 8th Street

6 Willow Haven

Developer: CarringtonLand Builders: Bedrock Homes Location: 5624 7th Ave SW.

7 Tamarack Common

Developer: Qualico Communities Builders: Pacesetter Homes, Sterling Homes, & Parkwood Master Builder Showhomes Coming soon Location: 17 Street and 23 Avenue, south of Millcreek Nursery

funinlaurel.ca 87

southeast

La pa sp

Slide Over

To Our Place

Fresh air, fluffy white snow and sunshine are sure to put a smile on your face as you fly down the slopes of our central park. Laurelâ&#x20AC;&#x2122;s spectacular 11 acre park, playground and lake area lets active families enjoy more outdoor fun, regardless of the season.

Th C 17 m im an to so ye tw w fo ra an ar ga te ba fie

C th co co

Fi m Th sp

V Yo fa

funinlaurel.ca 88 New home Guide | MAR 15 - APR 12, 2013

New Recreation Centre Just Months Away

Laurel was created so families could have more fun. More fun in its parks or along its paths. More fun at the playground. And soon, more fun at Edmonton’s newest and most spectacular sport, recreational and cultural centre. The NEW Meadows Recreation Centre, at 23rd Avenue and 17th Street, is less than a minute from Laurel. This impressive public facility is an ideal place for active families to enjoy healthy living and social events throughout the year. Its amenities include twin arenas, a water park with slides, a gymnasium for basketball, volleyball and racquet sports, a fitness centre and other activities. Outside are professionally landscaped gardens, twin championship tennis courts, soccer pitches, baseball diamonds and football fields. How much fun is that! Complementing the recreation amenities are community and educational facilities that include meeting rooms, special event halls and a public library. Phase One is under construction with an estimated opening date in late 2013. Future development includes construction of two high schools including both public and separate institutions.

NEW Stage 4 Lots Are Selling...NOW Finding the ideal location for your home is easier than ever in Laurel. 41 lots for move up family homes and 21 lots for laned homes are selling quickly in Stage 4. These lots are supplement new duplex home sites, many of which back onto a green space or school site. Visit Laurel’s 13 show homes to experience how attainable new home living can be. You get what you want, just the way you like it, in a fun place that’s perfect for your family’s future.

For comprehensive community or builder information, or show home details and driving maps, visit www.livelaurel.ca MAR 15 - APR 12, 2013 | New home Guide 89

southeast

SHERWOOD PARK

a neighbourhood

for everyone Your whole family will thrive in SummerWood With its playgrounds, parks, lakes and lush urban forest setting, SummerWood is a neighbourhood your entire family will be happy to call home. Homes with front attached garages start in the $380’s*; homes with rear lane access start in the $315’s*. Visit a showhome today and find the perfect place for everyone you love.

SummerwoodSherwoodPark.com Showhome Hours Mon-Thurs: 3:00pm to 8pm | Closed Fridays | Sat & Sun: 12 noon to 5:00pm

Pacesetter Homes

Yellowhead Tr. (Hwy 16) FRONT ATTACHED GARAGES

Lakeland Dr. Cloverbar Rd.

Homes with Front Attached Garages | 780.416.8413

Summerland Dr.

SHOWHOMES REAR LANE ACCESS

Baseline Rd.

SHERWOOD PARK

Highway 21

SHOWHOMES

Homes with Rear Lane Access | 780.570.5205

yourpacesetter.com

Jayman MasterBUILT Homes with Front Attached Garages | 780.416.8532

jayman.com *Prices subject to change

DONATE TODAY. STOLLERYKIDS.CA With your support, the Stollery Children’s Hospital Foundation is able to provide life-saving equipment, research that paves the way for new treatments and cures, medical innovations and specialized training, so that every child has the chance to go home again.

74_Built Green_20/9

92 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Granada vd Bl

2 Whitemud Dr.

1 ASPEN TRAILS/EMERALD HILLS

DEVELOPER: Genstar Development Co. BUILDERS: Coventry Homes, Greenboro Homes, Park Royal Homes, Sterling Homes, Landmark Communities, Christensen Developments LOCATION: Clover Bar Rd. North of Baseline Rd.

2 SHERWOOD GOLF & COUNTRY CLUB ESTATES

DEVELOPER: VIP Development Group BUILDERS: Open LOCATION: South of Wye Rd. on Range Rd. 233 Across from Fountain Creek Estates

Highway 628

3 FOXBORO

DEVELOPER: Qualico Communities BUILDERS: Challenger Homes, ReidBuilt Homes, MacLachlan Mitchell Homes, LOCATION: East of Clover Bar Road on Foxboro Drive

4 ARDROSSAN HEIGHTS

DEVELOPER: Strata Developments BUILDERS: Open LOCATION: 4 miles east of Sherwood Park on Baseline Road North at RR 824 to Ardrossan NEW LOTS COMING SOON!

5 Lakeland Ridge

DEVELOPER: Genstar Development Co. BUILDERS: Challenger Homes, Landmark Homes, Ironwood Homes, Rohit Communities, Homes by AVI, Daytona Homes Master Builder LOCATION: Cloverbar Rd. & Crimson Dr.

6 Summerwood

sherwood park

Lakeland Dr.

DEVELOPER: Qualico Communities BUILDERS: Jayman MasterBUILT, Pacesetter Homes, Rohit Communities, Open LOCATION: East of Clover Bar Rd. North of Baseline Rd. on Lakeland Dr.

FORT SASKATCHEWAN Y

THE PLACE FORT TO BE FOR SASKATCHEWAN EVERYONE... COME BUILD ★ ★ YOUR FUTURE WITH US ★ STRATA DEVELOPMENTS 15

TD OR

T OR HF . UT D SO BLV

F TH

780.481.4375 www.STRATADEVELOPMENTS.ca

For lot information call Andrew. 780.822.0086 THE ESTATES THE MEADOWS LOTS 1/3 Acre & Up! BRAND NEW

NEW SHOWHOMES NOW OPEN! See new and unique designs in New Home construction, all in one community. THE RIDGE

THE MEADOWS

THE ESTATES

Purchase lot privately and choose your own builder!

The perfect place for your growing family!

Brand New Show Homes From:

Homexx Homes 780-733-7924 Landover Homes 780-416-9122 Rayborne Homes 780-998-9245 Stoneridge Homes 780-997-0525

Concept Homes Homexx Homes Landover Homes Rundle Homes

THE RIDGE

Builders Group:

New single family and duplex houses from:

CMK Homes, Anez Homes, Glenora Homes, Rundle Homes & More!

Changing Your Address? Plan Ahead… There Always is the Chance That Something May be Overlooked!

As soon as possible… notify individuals, companies and institutions that your address will be changing, either by phone or by mailing the change-of-address cards from your post office. The following checklist will serve as a convenient reminder: ❏ Accountant ❏ Alumni Association ❏ Attorney ❏ Banks

❏ Lending Institutions

❏ Credit Cards

❏ Magazine / Newspaper Subscriptions

❏ Dentist

❏ Physicians

❏ Driver’s License

❏ Place of Worship

❏ Employers

❏ Revenue Canada

❏ Frequent Flyer Program

❏ Stockbroker

❏ Catalog Merchants

❏ Insurance Companies 94 NEW HOME GUIDE | MAR 15 - APR 12, 2013

❏ Investment Companies

❏ Veterinarian

, Builder f Hwy. d along

1 5 7

2 3

1 SOUTHPOINTE

DEVELOPER: MLC Group/Cathton Holdings BUILDERS: Landmark Communities, Tristate Signature Homes, Active Homes, Impact Homes, IRONCO Master Builder, Integra Homes LOCATION: Junction of Hwy. 21 and Hwy. 15 on 94 Street

2 SOUTHFORT RIDGE

DEVELOPER: Strata Developments BUILDERS: Greenboro Homes, Coventry Homes, Rundle Homes, CMK Homes, Anez Homes, DaVinci Developments LOCATION: Southfort Blvd & Ridgeland Way

3 SOUTHFORT MEADOWS

DEVELOPER: Strata Developments BUILDERS: Homexx Homes, Landover Homes, Rayborne Homes, Stoneridge Homes LOCATION: Southfort Drive & Meadowview Drive

4 SOUTHFORT ESTATES

DEVELOPER: Strata Developments BUILDERS: Concept Homes, Homexx Homes, Landover Homes, Rundle Homes, Open LOCATION: Southfort Drive & Greenfield Way

5 FOREST RIDGE IN WEST PARK

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Homes by Santos, Open LOCATION: Westpark Drive & Cranberry Bend

6 WEST WOODLANDS

DEVELOPER: Strata Developments BUILDERS: Oleksyn Homes, Clearview Homes, Open. LOCATION: 55 St. & Sunset cres. Bruderheim

7 SIENNA

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Sterling Squared, Rohit Communities, LOCATION: 94 St. & Sienna Blvd.

AREA INFO • POPULATION: Over 18,653 • LOCATED: Adjacent to the northeast boundary of the provincial capital, the City of Edmonton-15 minutes close. • SCHOOLS: 6 Public Schools, 3 Separate Schools, 1 Christian School. • GROCERY: Sobey’s Station Square, Canada Safeway, No Frills. • RECREATION & CULTURE FACILITIES: Dow Centennial Centre, Tennis courts, campground, baseball diamonds, golf course, indoor pool, outdoor ice rinks (2), curling rink, 3 arenas, indoor soccer, gymnasium, fitness centre, performing arts theatre, visual arts gallery, pottery studio. • MEDICAL FACILITIES: New Hospital Opening in 2012, 5 Medical Clinics. • PARKS & PATHWAYS: 360 hectares of park/ recreational/ natural land with 30 kilometres of paved trails for walking, running, biking, rollerblading and cross-country skiing.

A quiet, friendly, family oriented community.

“Life is good here!”

fort saskatchewan

Homes, t

For more information contact Jasmine Zebic 780-992-6408 or visit our website at www.fortsask.ca or email: jzebic@fortsask.ca

IMMEDIATE POSSESSION AVAILABLE ON SEVERAL HOMES 168 Durrand Bend Fort Saskatchewan

CALL 780.992.4937

email: info@impacthomes.ca

CALL OR EMAIL FOR MORE INFO

LET US SHOW YOU WHY

Standard 10 year Structural Integrity

FORT SASKATCHEWAN YOUR BUILDER FOR CUSTOM HOMES, FARMS & ACREAGES OVER 42 YEARS OF “SOLID VALUE” CONSTRUCTION

1 9 6 9

MASTER BUILDER

BETTER IDEAS... BETTER BUILT THE WINCHESTER This home features a soaring two storey foyer with a curved staircase. It is 2776 sq. ft. and has a triple garage, walkthrough pantry, dream kitchen, family room with a gas fireplace. There is also a formal living room on the main floor. On the second floor the ensuite has his & her sinks, a jetted tub and a two way fireplace to the bedroom. Also on the second level is the laundry and 2 additional bedrooms along with a loft area that can be used as a study or a parlour or just a quiet time room.

• 1 YEAR SERVICE WARRANTY • ALBERTA NEW HOME WARRANTY

Find Us On Facebook!

www.concepthomes.ca

CALL Margot Paull 780-231-6546

EVERYTHING AT YOUR DOORSTEP

ALBERTA

CALL

1-800-242-3447 TOLL FREE

Call Before You Dig Alberta One - Call is a province - wide service, supported by its’ member pipeline and utility companies, and is endorsed by municipalities. It makes good sense to take advantage of this no - charge, pro - active service. To not make use of the service provided by Alberta One - Call and its’ members is to play a dangerous losing game.

x The community of Forest Ridge is next to the North Saskatchewan River x Many parks, playgrounds and trails within the community x Protected forest x Short distance to the Recreation Centre, Performing Arts Theatre and more (at the DOW Centre) x Walk to the spray park & sports fields x Duplex style, Single Family and Executive style homes available in the neighborhood x Variety of lot sizes, including walkout & River Valley view lots x Homes with front attached garages starting from $349,900* x All just 15 minutes from Edmonton

Visit our showhomes today! HW

Pacesetter Homes 780.936.7109 Homes by Santos Construction 780.997.0493

CR A BEN NBER RY D

ForestRidgeFortSask.com

96 NEW HOME GUIDE | MAR 15 - APR 12, 2013

* Prices subject to change

Call Before You Dig(18/10)-/JA

S I N C E

Fort saskatchewan

MAR 15 - APR 12, 2013 | New home Guide 97

98 New home Guide | MAR 15 - APR 12, 2013

To Fort Saskatchewan

66 St.

144 Av e.

a M 44 1

ve. 137 A

137 Ave.

129 Ave.

118 Ave.

1 St.

34 St. 151 Ave.

. Ave

Yel low ermitage hea dT rail H

82 St.

132 Ave.

Fo rt Rd .

97 St.

. Ave 153

nn ing Fwy .

167 Ave.

20 St.

167 Ave.

Tr. Victoria

50 St.

Hoo ke Rd

1 Lakeview

4 Brintnell

2 CENTRAL PARK AT CLAREVIEW CAMPUS

5 village at schonsee

Developer: Genstar Development Co. Builders: Landmark Legacy, Park Royal Homes, Landmark Homes Location: 175 Avenue at 87 Street

Developer: Alldritt Development Ltd. Builder: Alldritt Homes Location: 144 Avenue & 36 Street

3 McCONACHIE LANDING

DEVELOPER: MLC Group/Cameron Communities BUILDERS: Lenaco Homes, Cameron Homes, Reid Built Homes LOCATION: North of 167 Avenue & East of 50th Street

northeast

Bon Accord Gibbons

Developer: Qualico Communities Builders: Pacesetter Homes, Daytona Homes Master Builder Location: 163 Avenue & 41 Street

Developer: Bedrock Homes Builder: Bedrock Homes Location: 5495 & 5497 Schonsee Drive

6 McCONACHIE

Developer: Walton Development and Managment L.P Builders: Jayman MasterBuilt, Innovations by Jayman, Sabal Homes, Morrison Homes, Royal West Homes, Carlisle Group Location: 167 Avenue and McConachie Way

NORTHEAST

82 ST

180 AVE

91 ST

97 ST

89 ST

ANTHONY HENDAY DRIVE

167 AVE

Established Neighbourhood

Large Lots

Prestigious Living

Lakeview is close to many schools, amenities, and wonderful trail systems.

Large walkout lots surrounded with green space with easy access to Anthony Henday Drive, 97th and 82nd street.

With luxury homes by the finest builders, College Woods at Lakeview is where you want to be.

College Woods at Lakeview 89 Street and 181 Avenue

100 NEW HOME GUIDE | MAR 15 - APR 12, 2013

Entity Homes 780-450-6686

Prominent Homes Ltd 780-761-0790

Sehra Homes 780-461-1789

collegewoods.ca

NORTHEAST

howtofindahome

The ideal community:

Factors & features to consider

When choosing a new home, your choice

involves more than the home itself. Often, homebuyers are so wrapped up in the home that they forget the importance of the surrounding community. Do you dream of a smaller community that is unique and charming? Or, are you willing to sacrifice peace and quiet to be closer to big-city amenities and other conveniences? Start by making a list of the desired lifestyle factors that are most important to you and your family. Consider location, proximity to work and schools, activities and local attractions in the community. “There are many factors involved in selecting the right community in which to buy your home,” suggests Sandra Webb, a senior executive at Royal LePage Canada. “Deciding what’s important to you and your family is the first step in finding your ideal match.” Knowing your requirements will help narrow your home search and save time. What are the most important amenities for you? Do you want to be close to parks and forests, or restaurants and shops? What types of activities are you and your family likely to be involved with? The answers to these questions will help you determine what type of neighbourhood or community is best for you and help you locate the perfect home. For further insight on buying a home, visit the website at royallepage.ca NC 102 New home Guide | MAR 15 - APR 12, 2013

“There are many factors involved in selecting the right community in which to buy your home. Deciding what’s important to you and your family is the first step in finding your ideal match.” 10 important questions to ask yourself before you buy: 10 Where will the kids go to school, and how will

they get there?

09 Are there parks, recreation centres, places of

worship close by?

08 Where will you do your grocery shopping? 07 Does the area offer easy access to banks, offices

and services?

06 Is the highway easily accessible? 05 How far away is the nearest public transportation

stop?

04 How far are you from work? 03 What are the commuting costs to work, family

and friends?

02 Is there any major development planned for the

area in the future?

01 Can you see yourself living and growing in this

community for the next five, 10, 15 years?

rT ra

170 St.

112 St.

132 Ave. 127 Ave.

1 CASTLEBROOK MEADOWS DEVELOPER: Concept Realty BUILDERS: Concept Homes LOCATION: 179 Ave. & 104 St.

2 CASTLEBROOK

DEVELOPER: Canterra Developments Corp. BUILDERS: Open, Urbanity Homes LOCATION: 110 St. & 176 Ave.

3 HAWKS RIDGE AT BIG LAKE

DEVELOPER: Walton Development and Managment L.P BUILDERS: Sabal Homes, Montorio Homes, Morrison Homes, Reid Built Homes LOCATION: North of Yellowhead Trail on 215 Street

Kin gs wa yA ve. 111 Ave.

DEVELOPER: United Communities BUILDERS: OPEN LOCATION: North corner of 127th Street & 195 Avenue

9 PALISADES 109 St.

124 St.

Groat Rd.

142 St.

To Spruce Grove & Stony Plain

149 St.

118 Ave.

DEVELOPER: Reid Worldwide Corporation BUILDERS: Fekete Homes, Rococo Homes LOCATION: backing onto Lois Hole Provincial Park at Big Lake

8 TUSCANY HILLS & UPPER TUSCANY

Yellowhead Trail

156 St.

184 St.

Anthony Henday Dr.

il Tra ert Alb St.

135 St.

137 Ave.

5 12

162 Ave. 153 Ave. 121 St.

7 MORNINGSIDE

97 St.

sie

113A St.

167 Ave. 127 St.

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Pacesetter Homes, Coventry Homes, Reid Built Homes, LOCATION: North of 167 Avenue & East of 127th Street

195 Ave. 176 Ave. 1 10 2 171 Ave.

139 St.

An th on yH en da yD r.

215 St. (Winterburn Rd.) Ray Gibbon Dr.

Hwy 44

To St. Albert

northwest

6 NEWCASTLE 8

4 VILLAGE AT GRIESBACH

DEVELOPER: Canada Lands BUILDERS: Homes by AVI, Dream Homes by Krisner, Coventry Homes, Landmark Legacy Homes, Greenboro Homes, Pacesetter Homes, Abbey Lane Homes, Christenson Developments LOCATION: 137 Avenue North On 97 Street West on Griesbach Road

5 TRUMPETER BY BIG LAKE

DEVELOPER: United Communities BUILDERS: Estate Homes- Fekete Homes, Montorio Homes Classic Homes- Homes by Avi, Sabal Homes, Montorio Homes, Sterling Homes Duplex- Rohit Communities, Homes by Avi. Townhomes- Rohit Communities. LOCATION: North on Anthony Henday Drive, West at 137th Ave. and 199 St.

DEVELOPER: MLC Group BUILDERS: Bedrock Homes, Landmark Communities, Landmark Homes, Landmark Legacy LOCATION: South of 167th Avenue & East of 139 Street

10 LEGACY POINTE

DEVELOPER: Concept Realty BUILDERS: Concept Homes Master Builder LOCATION: 18230 - 104A Ave.t

11 LEGENDS ESTATES

DEVELOPER: Kingsgate Homes Legends Estates Ltd. BUILDERS: Kingsgate Homes, open LOCATION: Highway 16 & Highway 44

12 STARLING AT BIG LAKE

DEVELOPER: Rohit Land Development BUILDERS: Celebration Homes, Kirkland Homes, Green Living Homes, Rohit Communities LOCATION: North on Anthony Henday Drive, take Ray Gibbons Drive, left on 137 Ave

103

northWEST

104

105

northWEST

106 New home Guide | MAR 15 - APR 12, 2013

showhomereview

The Yorkshire: Custom luxury by SaLINa Yara haLaBI

rbanity Custom Homesâ&#x20AC;&#x2122; Ltd. welcomes you to its beautiful bungalow in Northwest Edmonton. At just over 1,700 sq. ft, this impressive home is located in the prestigious neighbourhood of Castlebrook. This exceptional multi-lake community features plenty of greenspaces for residents to enjoy and has an abundance of amenities located nearby. Residents of the Castlebrook have convenient access to 97 Street â&#x20AC;&#x201C; a direct route to the city centre. Plus, the Anthony Henday is only a few minutes away, which means getting to any point of the city is quick and hassle-free.

The Yorkshire offers the classic curb appeal of a sprawling bungalow. A double-car garage and a stucco exterior accented with cultured stone add to the grand effect of the home. Upon entering through the front door, a large foyer with a stunning 12-ft. ceiling sets the tone for this modern home. Beautiful details in the ceiling design immediately catch the attention of the eye and enhance the airy feeling of the space. The custom details are quickly noticed in the Yorkshire; neutral grey toned tile is framed with a deep grey tile creating instant flair. A generously sized formal dining room is found to the left MAR 15 - APR 12, 2013 | New home Guide 107

showhomereview

of the entrance and features a unique raised ceiling design. Three windows surround the dining area, which can comfortably seat a table of 10. After passing through the foyer, an open environment living space which features a floor-to-ceiling stone accented fireplace, complete with a flat screen TV, is showcased. Custom dark maple bookcases frame the fireplace on each side, providing plenty of shelving and bottom cupboard space for item display or storage. The ceiling above the living and kitchen area is presented in an interesting bulkhead design. To the right of the great room is a kitchen that would delight any cooking aficionado. This beautifully designed area combines striking design elements with high quality kitchen appliances. Dark maple cabinets with chrome hardware provide a wonderful contrast against the lighter toned mosaic glass tile backsplash. Upper kitchen cabinets and the pantry door feature glass inserts that add another layer of visual interest to the space. A large island showcases the stunning granite countertops in the kitchen area. This island is the transitional piece that leads to the living area, and has enough bar seating to fit four. A gas stove and double Frigidaire Professional ovens ensure you will never run out of cooking space. The stainless steel Frigidaire Professional appliances also include the double-door fridge and microwave. Backing off of the kitchen is a bright dining area which is surrounded by windows and access to the back patio. The main floor area of this home is perfect for entertaining, offering a substantially sized open concept space for friends and family to enjoy. 108 New home Guide | MAR 15 - APR 12, 2013

Dark maple cabinets with chrome hardware provide a wonderful contrast against the lighter toned mosaic glass tile backsplash.

The Yorkshireâ&#x20AC;&#x2122;s main level also includes the mudroom â&#x20AC;&#x201C; an area that will serve as the laundry room and also provide some extra storage space. Whirlpool front load washer and dryer are nestled under a countertop that includes a sink â&#x20AC;&#x201C; a fantastic feature that many laundry and mud rooms are lacking. Numerous cabinets and a seating bench are also located in this space which leads to the double car garage. The mudroom of this home leads to a hallway allowing residents to go directly to one of the two main floor bedrooms or main floor bath without the need to cross through the kitchen or living area. Towards the end of the hallway is the master bedroom with beautiful bulkhead ceiling accents, a large walk-in closet and luxurious ensuite. His and Her vanities are presented in the master ensuite, as well

as a digital air jetted jacuzzi. A glass panel shower stall features floor-to-ceiling tiled walls, a rain shower head and body jets. Next to the master bedroom is a second bedroom, which can also be used a home office or den. The main floor full bath finishes off this level of the home and is situated in between the two bedrooms. Access to the basement of the home is towards the back of living area. The beautiful maple hardwood floors that are featured throughout the main floor are also used on the stairs leading down to the exceptional basement. This basement is the ultimate entertainment zone. A large bar with tons of raised seating space is anchored towards the staircase, leaving the living area open and spacious. The striking granite wet bar includes wine fridges and even a dishwasher. Plus, a wine storage room located behind the bar will guarantee the homeowner will discover their inner wine connoisseur. The basement provides more than enough room to allow for a games table and seating. A fireplace and in floor heating system are fantastic bonus features of the basement that ensure warmth is provided throughout the year, even with hardwood floors! Adding to the entertainment feel of this level of the home is the theatre room located behind the living area. This large room includes a two level seating design that enhances the theatre effect, and a wet bar complete with mini-fridge. Two large bedrooms are featured in the basement, each with a spacious closet and oversized window. A full bath is located in between the two bedrooms, providing convenient access from all areas of the basement. Not to be overlooked is the fact that this is a Built Green home. Beneficial features include triple glazed energy saving windows, a tankless water heater, and other numerous features that not only bring cost savings to the homeowner in the future but are also environmentally responsible.

Photographs by Nathan Burge

For more information on Urbanity Custom Homes, visit the website at urbanityhomes.com or call 780.457.2987. O r v isi t the showho me at 17480 - 107 St., Monday to Thursday from 5 to 8 p.m. Saturday and Sunday from noon to 5 p.m. MAR 15 - APR 12, 2013 | New home Guide 109

northWEST

110 New home Guide | MAR 15 - APR 12, 2013

Y IT E N M N BA HO PE UR OW O SH OW N

BUY LOTS DIRECT FROM THE DEVELOPER w

N 99 S t

St 104

97 Street

107 St

S 110

112 Street

176 Ave.

780.413.7150

• Large walkout lots backing onto the lake • Building pockets from 34 to 52 ft • Choose your own Builder

167 Ave.

canterradevelopments.com

111 NEW HOME GUIDE | AUG 5 - SEP 2, 2011

Castlebrook is an architecturally controlled neighbourhood which protects the value of your investment.

111

industryupdates - chba - alberta

New or resale? That’s a big question facing homebuyers by Jim Rivait While the final choice between a new home and a resale property depends on each buyer’s unique needs, the many benefits to buying a new home should factor into the decision. New construction gives buyers the power to tailor a home to best fit their needs, take advantage of technological advances that will lower utility bills and protect the environment, and enjoy the security that comes with knowing they will not be slammed by unexpected repair bills. Let’s have a look at some of the choices available when buying new. New homes are offered in many areas of Edmonton and the communities surrounding the city. Edmonton builders started construction on more than 5,600 new single-family homes and 7,000 multi-family units last year – that means buyers will find plenty of choices in the marketplace. Many communities boast walking trails, playgrounds and recreation areas. Neighbourhoods are engineered to prevent the damaging floods that cause major losses in older neighbourhoods. Compare this to the mad scramble that often arises when trying to find an acceptable resale property: choices are less extensive; the value of a property can be much harder to pin down and pressure to make a quick decision can arise because desirable homes are scarce. The range of choices offered by new-home builders has also grown rapidly in recent years. While single-family homes still remain very popular, buyers can also choose from duplexes, townhomes and apartment-style suites in lowrise or highrise buildings. Adult-only communities give people who have already raised their kids a chance to enjoy some peace and quiet. Barrier-free models are designed to allow people with mobility issues to continue to live in their homes in comfort and security. New-home buyers also benefit from the latest technology. Better insulation and more efficient equipment ensure that modern homes are always the right temperature. The same innovations mean lower costs to heat and cool a home. Indoor air quality in your new home will be high because there won’t be lingering odours from previous residents or mould problems caused by leaks or excessive humidity. Moisture levels will also be comfortably controlled. A new home is even safer. Building codes are constantly being reviewed and standards updated. New construction ensures you enjoy the benefits of these advances, from electrical systems to safety glass to hard-wired smoke detectors. 112 New home Guide | MAR 15 - APR 12, 2013

jim rivait Jim Rivait is Executive Officer of CHBA Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/ analysis and association management.

The biggest advantage of buying new is the confidence that comes along with the keys to the home. No matter how thorough a home inspection of a resale property, it is not going to provide the same detailed information about the history, features and maintenance schedule that buyers receive when working with a builder. For starters, you choose the builder and have an opportunity to assess their track record. Talk to former customers, take a look at neighbourhoods where the builder constructed homes in the past and check a current building site. Once you have selected a builder and construction begins, you can follow its progress to ensure everything is going as planned and that you are satisfied with the results. Many home builders – and all CHBA members – provide warranty protection. Ask the builder to explain the program in detail, including what’s covered, how to request service and the typical response time. With a resale property, you are on your own after the previous owner turns over the keys. It may be months before you realize that renovations were poorly done by unqualified do-it-yourselfers or that substandard materials were used. For buyers who want to immunize their financial plan from unplanned home repair costs and enjoy the widest choice in features, new construction is the answer. The Canadian Home Builders’ Association – Alberta represents more than 1,500 business members including new-home builders, renovators, developers, trade and supply companies and professional services.

NORTHWEST

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 113

inthenews

Rohit Group of Companies

celebrates successes

A breathtaking venue and dazzling piano show

welcomed guests to Rohit Group of Companiesâ&#x20AC;&#x2122; appreciation event at the Enjoy Centre in St. Albert on Thursday Feb. 7, 2013. With almost 30 years in business, Rohit wanted to celebrate its successes as a newhome builder and community developer by inviting customers, suppliers, trades and business partners to an evening of dueling pianos and New Orleans-inspired treats. With steady, show-stopping tunes and plenty of mingling, the event hosted more than 600 guests, many of whom can be found in their photo booth pictures posted on Facebook. As Rohit prides itself on giving back to the communities in which it works, one of the honoured guests was Homeward Trust Edmonton, a local not-for-profit organization that uses a community-based approach towards the goal of ending homelessness in Edmonton. The organization raised money for Raise the Roof by selling toques and taking donations. The event raised $2,139, with Rohit matching every dollar to generate a total of $4,278. The support provides a wonderful opportunity for a worthy cause that will truly provide many opportunities for Edmontonians. On the heels of 27 nominations for the Canadian Home Builders Association of Edmonton Awards of Excellence in Housing, the celebration was a multi-level success. 114 New home Guide | MAR 15 - APR 12, 2013

The event raised $2,139, with Rohit matching every dollar to generate a total of $4,278. About Rohit Communities

Rohit Communities, a division of the Edmonton-based Rohit Group of Companies, is an award-w inning developer and builder of new homes in Edmonton, of fer ing new condos, townhomes, duplexes and single-family homes for sale. It also offers new homes in Fort McMurray and luxury condos in Kelowna. Rohit Communitiesâ&#x20AC;&#x2122; newest addition to the group is Copper Point Resort, a luxury condominium resort in Invermere, BC.

NORTHWEST

Feature Builder

Celebration Homes • Homes starting in the $650,000’s • Total custom design • Ravine walk-out lots Celebration Homes strives to provide the best possible home building experience. No cookie-cutters here! By listening to and understanding the client, we design and build each home exactly to fit. We start from the client’s imagination and a blank piece of paper. Every client works with our team one-on-one—and led by our owner’s 800 homes of experience, we produce fantastic results. With ravine walk-out lots and west-facing backyards, Celebration can craft your home starting in the $650,000’s, home, lot and GST combined. Come see our showhome, the Chaumont II, a finalist for this year’s CHBA Edmonton Awards of Excellence.

Contact Lois at 780-224-5689 Visit the showhome parade located at 137 Ave & Ray Gibbon Drive Alberta Awards of Excellence finalist for best showhome parade!

Additional Showhomes Now Open: Kirkland Homes 780-906-1033 Green Living Homes 780-699-1616

StarlingAtBigLake.com

Rohit Communities 780-938-5478 Cameron Homes Coming Soon! 780-242-8774

115

themortgageminute

Why real estate investing STILL MAKES SENSE by PETER KINCH A NEW YEAR IS WELL UNDERWAY AND YOU’RE ANALYZING YOUR

finances, planning for the future and wondering where you can get the best return on your money. As tax season is upon us, you’ll be inundated with multiple mutual fund companies promoting the tax advantages of parking your RSP money with them. You’ll wonder about the stock market and the ongoing global issues. You’ll start to look at hard assets such as gold or precious medals. And, of course, you’ll look at real estate. The hard question is, which vehicle will produce the best results? My answer to this question will always be the same: the action is dictated by the goal. First and foremost, it is important to understand that all of the above options are simply vehicles designed to accomplish an end result. The first step is to determine what that desired end result is, and then ask yourself, which vehicle will move me closer to that goal? You may have a variety of arguments or reasons to choose one vehicle over another, but here are four reasons why you may want to consider real estate as your investment vehicle of choice, along with one caution:

On the surface, the first investor had an investment that outperformed our real estate investor by four times, but actually made less money due to the fact that it wasn’t leveraged. That’s the power of leverage. The key is to understand that it can also go the other way – and that is the importance of having a long-term strategy and investing in areas with strong fundamentals and good cash flow.

1 The power of leverage Leverage is a tool that can work for you or against you, but there is no denying 2 Interest rates the fact that it is a very powerful tool. Let’s take the example of two inves- Two keys to being able to develop a tors sitting on $100,000 cash. successful real estate portfolio are ›› One investor chooses to put their capital into either the stock market or affordability and cash flow, and an precious metals. If they spend $100,000 – they receive in return $100,000 underlying fundamental to both of in either stock or a precious metal asset. If their investment were to in- those is the rate you pay for borrowcrease (perform) at a rate of 20 per cent over the course of a year (although ing money. I don’t presently know of any funds offering that return) their investment The good news for Canadian invesof $100,000 would produce a $20,000 return. tors in 2013 is that we still have low ›› The other investor chooses to use her $100,000 cash as a 20-per-cent down interest rates. payment and purchase a $500,000 Due to the ongoing global credit property in an area that has good issues, the Bank of Canada (BoC) Two keys to being able has indicated its intent to keep rates economic fundamentals and produces a positive cash flow every to develop a successful low through 2013. But it is important month. Let’s assume that this to note that the BoC can only influreal estate portfolio property increases by only five per ence the prime lending rate – which are aﬀordability and cent over the course of the year. is used to determine your variable cash ﬂow, and an That would make the value of the rate mortgage. property $525,000 – effectively a It is important for consumers to underlying fundamental $25,000 increase in your asset remember that the fi xed rates are to both of those is the governed by the bond market and that value – not including the amount rate you pay for of debt reduction or positive cash although the BoC has indicated it borrowing money. flow over the course of the year. does not intend to increase the prime 116 New home Guide | MAR 15 - APR 12, 2013

C O N T I N U E D O N PA G E 1 1 8 . . . .

117

themortgageminute |

CONTINUED

lending rate, that does not guarantee that long-term rates will not rise in the meantime. A return of money to the markets will cause a drop in bond pricing followed by an increase in the bond yield, which will result in an increase in long-term rates even if the BoC leaves prime unchanged. A further threat to low interest rates is that even though we will not likely see a rise in prime, we have already seen the disappearance of the discount on variable-rate mortgages. Due to a lack of liquidity in the global markets, the cost of borrowing has increased for lenders. As such, variable-rate mortgages are less profitable and they have cut back on the discounts they offer. The net result for borrowers is that the amount you pay on a variable mortgage is not as attractive as it was a year ago. Having said that, we need to be very clear that even without a discount, a prime lending rate at or about three per cent is ridiculously cheap and allows for great investment opportunities. There are multiple opportunities within the Canadian marketplace that can create positive cash flow as long as the interest rates are below four per cent and you can easily get a five-year term today well below four per cent, so the ability to get a cash-flowing property and lock that in for five years will be as good as it’s ever been.

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

grow in spite of global issues. Look for strong GDP growth, followed by strong employment numbers which 3 Seeking safe harbours in turn brings a strong tenant base. A As the global financial markets constrong tenant base combined with low There is no such thing tinue going through more drama interest rates creates the opportunity as a Canadian real than a daytime television show, the for positive cash-flowing properties. estate market – it is fallout is consumer angst resulting And if the property flows cash in good in low consumer confidence. regional. You can have times and in bad, you need not worry When consumers lack confisolid fundamentals in about potential for values to fall or dence, they tend not to make bigbubbles to burst. ticket purchases. Real estate is obvi- one town, while another The value of your property the within 100 kilometres day after you buy it is irrelevant until ously one of those items and this alone could result in a slight drop could have an economy the day you go to sell it. If you are in market values. However, it is the solely based on exports purchasing investment real estate exact same angst and fear that drive with a long-term buy-and-hold phito the U.S. consumers to seek out safe harbours losophy, and you have purchased in in a storm, placing their money in an area that gives you positive cash areas perceived as protected from the roller-coaster that the stock market has flow, then you don’t need to worry become. This is the reason we have seen records in the price of gold. Investors about the hype in the headlines reare speaking with their pocketbooks and saying loud and clear that they are garding property values. Just focus losing confidence in the market and want a tangible asset that they can own on letting your tenants pay off the and hold. What could be more tangible than real estate and if you were looking mortgage over time and enjoy the for a safe harbour in real estate, which country would you invest in? cash flow when you have a free and Canada has been seen globally as one of the few countries to have survived clear asset. the last global recession relatively unscathed. In fact, our banking system and So, as you look at your financial domestic economy have become the envy of the world. options for the year, ask yourself first and foremost: What results do I need 4 Sound economic fundamentals from my investments, Then analyze Regardless of where you buy real estate, you should make your purchase based your options in the context of your on sound economic fundamentals. There is no such thing as a Canadian real goals. If you choose real estate, simply estate market – it is regional. You can have solid fundamentals in one town, stick to the fundamentals, take action while another within 100 kilometres could have an economy based solely on while others worry over headlines, exports to the U.S. take advantage of low rates and use I expect the U.S. to be hit harder by the fallout in Europe, but that will leverage wisely. Invest and don’t specimpact only regional Canadian economies that depend on trade with the U.S. ulate, and both you and your children Although we are still largely an export-dependent country, there are a lot will be glad you did in the years to of regional pockets that have a strong domestic economy and are expected to come. Happy investing! 118 New home Guide | MAR 15 - APR 12, 2013

st. albert

TO MORINVILLE Twnship 544

2 Highway

Eri

R ine

idg

ero

se Dr.

r. ll Be

Poirier Ave.

170 St.

184 St.

Levasseur Rd.

1 RH ESTATES IN KINGSWOOD

2 PINNACLE RIDGE ESTATES

DEVELOPER: Pinnacorp Investments Inc. BUILDERS: Homes by Design Innovation Inc., Heredity Homes, Davery Consulting & Custom Homes, Marco Antonio Homes, Kingsgate Homes Master Builder, Ironstone Homes, Alves Construction Inc., Caliber Master Builder Ltd., SamTon Homes Ltd., Open LOCATION: Sturgeon Road to Starkey Road and Bellerose Drive

DEVELOPER: Genstar Development Co. BUILDERS: OPEN LOCATION: Giroux Rd. & Lacombe Dr.

Alb er

167 Ave.

127 St.

Campbell Rd.

Boudreau Rd.

tT r.

TO EDMONTON

4 NORTH RIDGE

DEVELOPER: Canterra Developments Corp. BUILDERS: Diguiseppi Homes, Open LOCATION: Poirer Ave, just off Sir Winston Churchill Ave.

3 LACOMBE PARK ESTATES

St .

156 St.

Si r

He 'b er

Rd.

D on ibb y G Ra

1 . Rd n o B ge oudr ur e e. . au Rd St y Av . ve n n lA Ke l i c r h M ve u rc Ri h on nC ge sto ur in St W

Lacombe Dr. Gi r

Hogan Rd.

Sturgeon County

d. o ux R

rt St. Albe

. Dr

Villeneuve Rd.

a ist kV Oa

Co eri

RR. 261

DEVELOPER: Genstar Development Co. BUILDERS: Homexx Homes, Ironstone Homes, C2 Homes, San Rufo Homes, Vista Homes LOCATION: Northridge Dr. and Giroux Rd.

5 ERIN RIDGE

DEVELOPER: Qualico Communities BUILDERS: Daytona Homes Master Builder LOCATION: Coal Mine Road and Everitt Drive.

6 THE ELEMENTS OF ERIN RIDGE

DEVELOPER: Landrex BUILDERS: Bedrock Homes, Daytona Homes Master Builder, Parkwood Master Builder, Gannet Homes Master Builder, 4 Pillar Homes LOCATION: Directly adjacent and north of Erin Ridge off Coal Mine Road.

7 RIVERSTONE POINTE

DEVELOPER: Riverstone Pointe Inc. BUILDERS: Heredity Homes, Homes By Design Innovations, Marco Antonio Homes, Kingsgate Homes Ltd Master Builder, Audie Benson Estate Home LOCATION: Sturgeon Road to Starkey Road, Right on Trestle Ridge Road

8 GREYSTONE MANOR

DEVELOPER: VIP Development Group Of Companies BUILDERS: Open LOCATION: North on St. Albert Trail and turn right onto Coal Mine Road

9 UPPER MANOR POINTE

DEVELOPER: Upper Manor Pointe BUILDERS: Open LOCATION: Corner of Coal Mine Road & Starkey road

PURCHASE LOTS DIRECT FROM THE DEVELOPER

Where Your Dream Home Awaits www.canterradevelopments.com 780.413.7150 119

ST. ALBERT

Where life revolves around loved ones. Move up. Stay close. Spacious new homes in the welcome and familiar surroundings of St. Albert. Northwest St. Albert is home to the vibrant, maturing, neighborhood of North Ridge. Combining that almost forgotten feeling of country nostalgia within a thriving city is what North Ridge is all about. Minutes from downtown St. Albert, North Ridge offers walking trails, parks and natural tree stands. Both naturalized storm water management lakes are surrounded by walkways with viewing plazas overlooking the lakes. St. Albert residents already know the benefits of this close-knit City; a family-friendly place built from a proud town heritage. The City of St. Albert is exceptionally well planned and offers three quality school systems, community walkways, a variety of lifestyle activities for youth and adults, as well as a prosperous business community. Ironstone Homes, Homexx Homes, San Rufo Homes, C2 Homes and Vista Homes have a great selection of single family homes to choose from starting from the low $400,000. With easy access via Ray Gibbons Drive, low interest rates, excellent choice of builders and great selection of lots, there has never been a better time to make your move to the family friendly community of North Ridge.

Visit our show home builders today!

120 New home Guide | MAR 15 - APR 12, 2013

Only ďŹ ve public lots left. Visit Show Homes by: C2 Homes: 780.934.4979 Homexx Homes: 780.472.3307 Ironstone Homes: 780.458.9515 San Rufo Homes: 780.470.4070 Vista Homes: 780.893.7777 New Show Homes coming in May!

genstar.com

ST. ALBERT

MAR 15 - APR 12, 2013 | New home Guide 121

finances

BUILDING YOUR BEST

ﬁnancial future at every age YOUR TWENTIES ARE A VERY EXCITING TIME OF LIFE,

financially. For example, perhaps you’ve graduated without any debts because you decided to remain living in your parent’s home. Now you’ve got a couple of part-time jobs and you’re looking to rent a place with a friend. Or maybe you have a lot of school debt, but you lucked out on a high-paying job and you rent a very expensive palace alone. For the first time, you’re in charge of your fi nancial decisions – and that can be overwhelming. Sometimes it’s easier to relax your discipline, but then this can lead to bad habits that can leave you feeling very financially insecure in your 30s, 40s and beyond. The experts at Desjardins Group have some great ideas on how to stay financially disciplined through every age. Twenty-something

Do you know where your money goes? By getting a handle on your spending now will benefit you in the long-term. The best way to do this is to create a simple and flexible budget. Make a list of your income and expenditures such as rent, groceries, utilities, transportation, savings, fun and clothing. Also include a line for debt and for retirement savings. You might wonder why since retirement is decades away. But if you leave the money alone in a high-interest account, your money will grow thanks to compounding interest. Thirty-something

You have more purchasing power now that you’re established in your career. But that means it’s easy to pack on the debt, too. Perhaps you’ve leased a car, you’ve taken a couple vacations, and maybe you’ve just had a really big wedding and a baby or two. If you were a diligent saver in your 20s, chances are you have a pile of cash put aside for that pile of bills on your desk. If the opposite is true, then it’s time to shut down the debt before it snowballs into your 40s. Try to pay off your credit cards each month, too. Or aim to pay more than the minimum. And always apply any new found money to your debt. During this decade also, try to put as much as you can afford into an RSP. You’ll really appreciate it in your 40s. Forty-something

Now that your debt is under control, how are your savings? Did you put away as much as you could for retirement and for emergencies? If you

122 NEW HOME GUIDE | MAR 15 - APR 12, 2013

You have more purchasing power now that you’re established in your career. But that means it’s easy to pack on the debt, too. have kids, did you consider starting an RESP for their post-secondary education? If you were too focused on reducing your debt in the last decade, there’s still some time to catch up. Speak with a financial advisor about setting up an education fund for your child and about the best strategies for building your retirement savings. For more information about these tips and to access financial calculators, visit Desjardins Group online atdesjardins.com. NC.

Where Your Dream Home Awaits

PURCHASE LOTS DIRECT FROM THE DEVELOPER

Regency Heights Estates is an established single family community of prestigious homes edged by mature trees and a large conservation area. Close to the Sturgeon River, Red Willow Park and Servus Place. Our strict architectural controls will protect your investment. Select your lot and builder. Variety of lots to choose from, including lots backing onto walkways and park.

www.canterradevelopments.com

Campbell Rd.

lvd .

Poirier

156 St.

St. Albert Tr ail

B od

reau

hill urc Ch

Boud

Wi nst on

Herbert Rd.

Sir

o Kingsw

SHOW HOME NOW OPEN

780.413.7150

feature

Buying that first home

With advice from Mother of the Bride by Elisa Krovblit W hen you’re planning your

wedding, it feels like there are a million things to think about and no time to get them all done. In reality, the average engagement is somewhere between a year and a year-and-a-half, so the time between “Will you marry me?” and “I do” is Many newlyweds find action-packed decisions they have a decent down with and appointments. payment, providing a While some of window of opportunity to them may not be get into the real terribly critical – estate market. Should the linens be white? Which limo company has the best vintage cars? – others are more crucial – Where are we going to live once we’re married? What’s the bride’s mother going to wear? 124 New home Guide | MAR 15 - APR 12, 2013

Okay, so maybe the bride’s mother’s dress isn’t the most important matter to think about for the wedding, but you better believe it will be a hot topic. Having premiered on Slice in January, Mother of the Bride is proving that mom’s dress selection is nearly as critical as the big white gown. Barbara Tibbetts and her daughter Terrie own wedding salon T. Carolyn Fashions. Terrie’s husband Dante also works in the shop, ensuring everyone is perfectly accessorized, down to the last rhinestone. Each episode of Mother of the Bride presents the trials, tribulations and family frustrations surrounding that ever-important dress selection. This mom and daughter duo have sold more than 100,000 dresses over more than 21 years in the business, and they’ve seen it all. Since life is often stranger than fiction, this emotionally charged purchase makes for great TV. As they say, “Mother knows best.” While finding the perfect dress is important, these mothers of the bride are also the go-to advisers for other pressing decisions – such as where to live after the wedding.

Where once upon a time a woman was expected to move from her parents’ place into the marital home, modern reality is much different. People are dating longer, getting married older. Couples aren’t waiting to tie the knot before they begin living together. But whether renting, owning, cohabitating or waiting to move out from mom and dad’s, for a large number of couples, the logistics and living arrangements after the wedding are big decisions. Many newlyweds find they have a decent down payment, providing a window of opportunity to get into the real estate market.

Whichever threshold the bride gets carried over, couples need to take the time to find the right home: ensure it’s the perfect place to hang those beautiful wedding photos showing of the happiest day of their life – and of course pictures of the beaming and beautiful mother of the bride! Marion Bates’ daughter Mandy chose to move into the home her fiancé – now husband – already owned when they met. But it’s an older house with small closets, and the guest bathroom has dated pink tile throughout. As Marion sees it, “It would be nice if Mandy and Jeff had a large home with room to entertain. They have many friends and relatives who love to drop in, and love to have parties. Mandy has a dinner party at least once a week. Since she is a dietician, she enjoys cooking and trying new recipes, so a highly functional kitchen is absolutely necessary.” Kari Grey-Smith is seeing history repeat itself as daughter and new sonin-law are not even in the same area code, let alone the same home. These newlyweds’ jobs necessitate a longdistance arrangement, which Kari says she went through with her own husband when they were first married.

Because of their employment situation, the couple continues to spend some time apart. And since they’re not together, they continue to rent – but Kari hopes they’ll be together very soon, and hopes a purchase, somewhere closer to her, is in the near future. When they are able to balance location and careers, a condo near mom might be the perfect answer if they choose an urban location. If they settle on the suburbs, the choice more likely would be a new home. Cash wedding gifts provided a nice down payment, making homeownership possible. While mother may think she knows best, the market more so dictates what new couples can afford. Lifestyle choices also come into play. A downtown condo and a suburban two-storey detached home may carry a similar price tag. The answer to the cohabitation question has to respond to lifestyle needs and wants. It may take a compromise on commute. It may be the need for space to start a family. It may be the idea of enjoying the honeymoon period with something smaller and then buying larger in the future. Or it may be a combination of both. With many couples waiting until later for their first marriage, or moving onto their second marriage, those who are more established financially and in their careers have different options. Whichever threshold the bride gets carried over, couples need to take the time to find the right home: ensure it’s the perfect place to hang those beautiful wedding photos showing of the happiest day of their life – and of course pictures of the beaming and beautiful mother of the bride! Mother of the Bride airs on Slice Fridays with back-to-back episodes at 9 and 9:30 pm. slice.ca

MAR 15 - APR 12, 2013 | New home Guide 125

finances

Are you at risk

if interest rates rise?

Here’s a new check-up to consider: the debt check-up.

This look at your financial health will help you determine whether you would be able to handle increased payments if interest rates go up. While those rates are now at all-time lows, they will likely rise some time in the future. “Canadians need to look at how much debt they are carrying, particularly in the amount of their mortgages, home equity lines of credit (HELOCs), personal lines of credit and variable-rate personal loans,” says Ursula Menke, commissioner of the Financial Consumer Agency of Canada (FCAC). For example, a couple with a 3.1 per cent variable interest-rate mortgage of $277,658 could see their mortgage payments increase anywhere from $72 per month (or $864 per year) if interest rates go up 0.5 per cent, to $145 per month (or $1,740 per year) if interest rates go up one per cent. To do a debt check-up, look at your current total monthly payments, and list them on the Debt Check-up worksheet available on FCAC’s website, itpaystoknow.gc.ca. Next, talk to your lenders to find out how much your payments could increase if interest rates go up. Then, see if the total would still be within your comfort zone and, if not, consider your options, such as consolidating loans, to find ways to have more money available to repay 126 New home Guide | MAR 15 - APR 12, 2013

To do a debt check-up, look at your current total monthly payments, and list them on the Debt Check-up worksheet available on FCAC’s website, itpaystoknow.gc.ca debts and save for your goals. Other tips that might help you get out of debt are to stop using credit cards and look at ways to save money. Use your debit card or cash to pay for purchases, avoid buying that daily coffee, bring your lunch to work or take public transit. NC

GIBBONS & AREA SCHOOLS 28

51 S tree t

53 Avenue

•G ibbons School 4908 - 51 Avenue 923-2240 [Gr. 5-9]

Highway 28A Edmonton

St ur ge on Ri ve r

y wa gh Hi

50 A venu e

• Sturgeon Composite High School On Hwy. 37, one km. east of Hwy. 28 973-3301 [Gr. 10-12] • Landing Trail School 5325 - 37 Avenue 923-2899 [Gr. K-4] • Redwater School 5023 - 50 Avenue 942-3625 [Gr. 5-12]

gibbons

AREA INFO

1 LANDING TRAIL ACREAGES 2 LANDING TRAILs

EVELOPER: Strata Developments D BUILDERS: Rosecroft Homes, Dynasty Builders, Morrow Homes, Open LOCATION: 53 St. & 40 Ave.

EVELOPER: Strata Developments D BUILDERS: High Grade Homes, Rosecroft Homes, Open LOCATION: 51 St. & Landing Trail Dr.

AREA INFO • GEORGES H. PRIMEAU JR. HIGH SCHOOL 811 Grandin Drive 939-3593 (2)

105 Ave. 100 St.

100 Ave.

e. Av 99

95 S t.

Morin vil

97A Ave.

Dr. le

in Dr. Grand

r Grandin D

y. 2 Hw

e. Av 1 10

10 min. to St. Albert

95 A ve.

DEVELOPER: Brookhaven Developments BUILDER: Brookhaven Developments, Celebration Homes LOCATION: 100th Street & 105th Avenue

• MORINVILLE CHRISTIAN SCHOOL 10015-100 Avenue 939-2987 (1) (2) (3) • MorinVILLE COMMUNITY HIGH SCHOOL 9506 - 100 Avenue 939-6891 (3) • Notre dame ELEMENTARY 9717 Morinville Drive 939-4020 (1)

Cardiff Rd.

1 VILLAGE CHAMPLAIN

• GEORGES P. VANIER ELEMENTARY 10020-101 AVENUE 939-4285 (1)

2 The lakes

DEVELOPER: Landrex Developers BUILDERS: Landmark Homes, Dynasty Homes, Reid Built Homes LOCATION: 100 Avenue then North on Grandin Drive

[1] Elementary K-6 [2] Junior High 7-9 [3] High School 10-12

morinville

MORNINGVILLE AREA PUBLIC SCHOOLS

3 MONTREUX

DEVELOPER: Qualico Communities BUILDERS: Maxxwood Homes LOCATION: 100 Avenue then North on Grandin Drive

127

Home Builders Alldritt Homes Artisan Homes Inc. Bedrock Homes Brookfield Homes Caliber Master Builder Cameron Homes Inc. Canyon Spring Master Builder Carriage Signature Homes

web directory

www.artisancommunities.ca www.bedrockhomes.ca www.buildwithbrookfield.com www.calibermasterbuilder.ca www.cameronhomes.ca www.canyonspringhomes.com www.carriagesignature.com

Celebration Homes

www.celebrationhomes.ca

Celico Builders Inc.

www.celicobuilders.ca

Challenger Homes

www.challengerhomes.com

Cobblestone Master Builder

www.mycobblestone.ca

Concept Homes

www.concepthomes.ca

Compass Rose Homes Inc. Country Hills Home Sales

www.compassrose.ca www.countryhillshomes.com

Coventry Homes

www.coventry-homes.com

Darrenâ&#x20AC;&#x2122;s Homes

www.darrenshomes.com

Daytona Homes Master Builder

www.daytonahomes.ca

Dolce Vita Homes LP

www.dolcevitahomes.ca

Effect Home Builders

www.effecthomes.ca

Encore Master Builder Fekete Homes Green Living Homes Gannet Homes Master Builder Homes by Avi Homes by Santos Construction Homexx Corporation Impact Homes Innovations by Jayman

128 New home Guide | MAR 15 - APR 12, 2013

www.alldritthomes.com

www.encoremasterbuilder.com www.feketehomes.ca www.greenlivinghomes.ca www.gannethomes.com www.homesbyavi.com www.santoshomes.ca www.homexx.ca www.impacthomes.ca www.jayman.com

Jayman MasterBUILT Kanvi Homes Kensington Homes Master Builder Kimberley Homes Kingsgate Homes Ltd Master Builder Landmark Group of Builders Lincolnberg Master Builder MacLachlan & Mitchell Homes Maple Isle Homes Marco Antonio Homes Montorio Homes Pacesetter Homes Parkwood Master Builder Perry Signature Homes Inc.

www.jayman.com www.kanvihomes.com www.KensingtonCustom.com www.buildwithkimberley.ca www.kingsgatehomes.ca www.landmarkgroup.ca www.lincolnberg.com www.macmitch-homes.com www.mapleislehomes.ca www.marcoantoniohomes.com www.montorio.ca www.yourpacesetter.com www.parkwoodmasterbuilder.com www.perryhomes.ca

Pompei Homes

www.pompeihomes.com

ReidBuilt Homes

www.reidbuilthomes.com

Rococo Homes Rohit Communities Rosecroft Custom Homes Sabal Homes San Rufo Homes

www.rococohomesinc.ca www.rohitcommunities.com www.rosecroftcustom homes.com www.sabalhomes.com www.sanrufohomes.com

S2 Squared by Sterling Homes

www.sterlingsquared.ca

Sterling Homes Edmonton Ltd.

www.sterlingedmonton.com

Thomsen Built

www.thomsenbuilt.com

Urban Living by Landmark

www.landmarkurban.ca

Urbanity Custom Homes Ltd. Walker Developments

web directory

OUR HOMES COME IN A WIDE VARIETY of wide varieties

Duplexes & Townhomes

www.urbanityhomes.com www.walkerdevelopments.ca Rear - Detached Garage Homes

White Eagle Homes Ltd

www.whiteeaglehomes.ca

Front - Attached Garage Homes

www.landmarkgroup.ca MAR 15 - APR 12, 2013 | New home Guide 129

webdirectoryad.indd 1

13-01-07 11:16 AM

Developers/Communities Allard in Heritage Valley by MLC Group / JCA Financial Allard Heritage Valley by United Communities

www.allard.ca

www.allardheritagevalley.ca

Alpine Ridge in Terrace Heights by Qualico Communities Ambleside in Windermere Aurora by Melcor Developments Beaverbrook Developments Brintnell by Qualico Communities

web directory

Brookfield Residential Callaghan by Rohit Land Development Cameron Communities Cameron Heights Canada Lands Company Canterra Developments Corp. Chappelle Gardens

www.alpine-ridge.ca

www.amblesidewindermere.ca www.auroraedmonton.com www.beaverbrook.ca www.brintnelledmonton.com www.brookfieldrp.com www.liveincallaghan.com www.cameroncommunities.ca www.cameronheights.com www.villageatgriesbach.com www.canterradevelopments.com www.chappellegardens.com

Creekwood Chappelle

www.creekwoodchappelle.com

Dundee Developments

www.dundeedevelopments.com

Ellerslie Heights by United Communities The Park of Erin Ridge by Qualico Communities

www.ellerslieheights.ca www.erinridgestalbert.com

Gardens

Forest Ridge by Qualico Communities Foxboro by Qualico Communities Genstar Development Company

www.chappellegardens.com 130 New home Guide | MAR 15 - APR 12, 2013

www.forestridgefortsask.com www.foxborosherwoodpark.com www.genstar.com

Glenridding by United Communities

www.glenridding.ca

Granville by Alldritt Land Corporation

www.mygranville.com

Greenbury by Beaverbrook Goudreau Terrace Griesbach by Canada Lands

www.greenbury.ca www.goudreauterracebeaumont.com www.villageatgriesbach.com

Hampton Pointe by Beaverbrook

www.hamptonpointe.ca

Hampton Terrace by Qualico Communities www.hamptonterraceedmonton.com Hawks Ridge at Big Lake Hills of Twin Lakes

www.hawksridge.ca www.hillsoftwinlakes.com

Hopewell Residential Communities

www.hopewellcommunities.com

Keswick on the River by MLC Group

keswick-in-windermere.com

Jagare Ridge by Melcor Developments

www.jagareridge.com

Jesperdale by Melcor Developments LakeWesterra by Qualico Communities

www.jesperdale.com

web directory

www.westerrastonyplain.com

Langdale in Windermere by Qualico Communities www.langdale-windermere.com Larch Park by Melcor Developments Laurel Crossing by Qualico Communities

www.larchpark.ca www.laurel-crossing.com

Laurel by Dundee Developments

www.livelaurel.com

Maclab Enterprises

www.maclab.com

Maple Crest by Dundee Developments

www.livemaplecrest.ca

McConachie Landing by MLC Group/Cameron Dev Corp www.mcconachie-landing.com McConachie by Walton Development & Management L.P. McLaughlin by Melcor Developments Meadowview Park by Qualico Communities Melcor Developments Ltd.

www.mcconachie.ca

www.livemclaughlin.com www.meadowviewparkleduc.com www.melcor.ca

YOUR PERFECT HOME!

www.villageatgriesbach.com MAR 15 - APR 12, 2013 | New home Guide 131

Developers/Communities MLC Group

www.mlcland.com

Montalet by United Communities

www.montalet.ca

Morningside Properties

www.mymorningside.com

Montreux by Qualico Communities

www.montreux-morinville.com

Newcastle by Qualico Communities

www.newcastle-edmonton.com

ONE at Windermere

www.oneatwindermere.com

Palisades by MLC Group

www.palisades.ca

Qualico Communities

web directory

www.qualicolandedm.com

Ravines of Devon by Qualico Communities

www.theravinesofdevon.com

Reid Worldwide Corporation

www.rwwc.ca

Robinson by Beaverbrook

www.LiveInRobinson.ca

Rosenthal by Melcor Developments

www.liverosenthal.com

Ruisseau by Qualico Communities Rutherford Heights

www.ruisseau-beaumont.com www.rutherfordheightsedmonton.com

Secord by Hopewell Developments

www.liveinsecord.com

Sienna by Qualico Communities

www.sienna-fortsask.com

Silverstone by Qualico Communities

www.silverstone-stonyplain.com

Southcreek by Qualico Communities

www.southcreek.ca

South Pointe by MLC Group

www.south-pointe.ca

Spring Lake Ranch

www.springlakeranch.ca

Springate at Spruce Ridge

www.springatesprucegrove.com

Spruce Village by Beaverbrook

www.sprucevillage.ca

Starling at Big Lake by Rohit Land Development Stoneshire by Melcor Developments Strata Developments

132 New home Guide | MAR 15 - APR 12, 2013

www.StarlingAtBigLake.com www.livestoneshire.com www.stratadevelopments.ca

Summerside by Brookfield Residential

www.lakesummerside-community.com

Summerwood by Qualico Communities

www.summerwoodsherwoodpark.com

Suntree

www.liveinsuntree.ca

Tamarack by Dundee Developments

www.livetamarack.com

The Estates at Waters Edge

www.WatersEdgeEstates.ca

The Orchards

www.theorchards.ca

Thomas Creek

www.CalmarThomasCreek.com

Tribute by Qualico Communities

www.tributeleduc.com

Trumpeter by United Communities

www.trumpeterbiglake.ca

Tuscany Hills by United Communities

www.tuscanyhills.ca

United Communities

www.unitedcommunities.com

Upper Windermere by Beaverbrook

www.upperwindermere.com

Walker Lakes North by MLC Group / Cameron Dev Corp

www.walkerlakes-north.com

Walker Lakes Station by MLC Group / JCA Financial www.walkerlakes-station.ca Walker Summit by United Communities

www.walkersummit.com

Walton Development and Management L.P.

www.waltondm.com

Windermere Ridge by Beaverbrook

www.windermereridge.ca

Windermere South

www.windermere-south.ca

Windrose Woodhaven - Edgemont

www.liveinwindrose.ca www.woodhavenedgemont.com

Related Business Canadian Home Buildersâ&#x20AC;&#x2122; Association - Alberta Edmonton Custom Decks Edmonton New Home Information Edmonton New Home Guide Shanes Landscaping and Contracting Ltd.

web directory

www.chbaalberta.ca

www.edmontoncustomdecks.com www.new-home.com www.hometrader.ca www.shaneslandscaping.com | New | NewBuyers APR 16MAR - MAY 1514, - APR 201012, 2013home home Guide Guide 133

quicktips

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

Organizing myths THAT CAN KEEP YOU STUCK by HELLEN BUTTIGIEG

mistakes. When working on important tasks, multi-tasking is probably not a good idea. Some things require your undivided attention. Multi-tasking distracts us from being in the present moment, which can drain our energy and leave us feeling exhausted and unfulfi lled. Next time you are participating in an activity, be with that activity (rather than thinking about all the things you should be doing instead, or have to do later). Resist the habit of trying to do two things at once. 3 | BEING MESSY AUTOMATICALLY MEANS YOU ARE DISORGANIZED. FALSE. Organizing is not about how it looks; it’s

IT’S TIME TO DISPEL SOME ORGANIZING MYTHS

that may be keeping you stuck and getting in your way of a more organized life. I’ve focused on the five most common beliefs about organizing, so you can get clear on what works and what doesn’t. Once we bust the myths, you’ll be on your way to organizing yourself like a pro. 1 | CONTAINERS WILL ALWAYS GET YOU ORGANIZED. FALSE.

about how it works. Visual, creative types need to have things out where they can see them, because for them out-of-sight is out-of-mind. This may cause their spaces to appear disorganized to others, but they probably know exactly where everything is. The flipside of this is that visual types lose focus when there is too much to look at, so they need to find products that will allow them to contain their stuff to keep down the visual clutter. For example, a literature sorter allows them to contain their papers while still keeping them within view.

Contrary to what the ads want you to believe, containers alone are not the answer to your organizing dilemmas. They can even become part of the problem. Take Nancy, for example. She purchased several large plastic contain- 4 | YOU HAVE TO TOSS EVERYTHING TO GET ORGANIZED. ers to organize her craft supplies and memorabilia. But FALSE. I often hear people say, “There’s no way I could get she still couldn’t find what she was looking for when organized because I am too sentimental – I don’t want to needed. She mistakenly thought all she needed to get get rid of everything.” Although you shouldn’t keep things herself organized was a few containers; what she really you don’t like or will never use, there’s always a way to needed was to learn a bit about organizing. either display or store the things that matter. For example, Before you go out and spend money on containers or shadow boxes or display cases allow you to protect as well other organizing products, do some preliminary work and as showcase the possessions that truly mean something planning. The first thing I recommend is purging. Only special to you. when you know exactly what it is you need to store, how much of it, and where the most suitable location is to 5 | IF YOU WRITE IT ON A TO-DO LIST, IT WILL GET DONE. store it, should you go out and purchase containers. And FALSE. I had a client who was so proud of her to-do list: it don’t forget to measure first. Bringing home the wrong was prioritized, colour-coded and categorized – yet she containers for the job simply creates more clutter. was frustrated and overwhelmed at how many things on the list were not getting done. To get anything accom2 | MULTI-TASKING IS ALWAYS PRODUCTIVE. FALSE. Although plished you have to actually schedule time to do the things useful in some situations, multi-tasking can cause you to on your list. Simply putting a task on a list is not a comlose your focus and make costly and time-consuming mitment – blocking time on your calendar to do it is. 134 NEW HOME GUIDE | MAR 15 - APR 12, 2013

homebuyersâ&#x20AC;&#x2122;help

HomeBuyersâ&#x20AC;&#x2122; Resource Section You love the home, see what you can afford!

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

homebuyers’help

cALcuLAte YouR mortGaGe Payments CALCULATE YOUR MORTGAGE PAYMENTS MONTHLY PRE-TAX Income

dIvIde By 3

cHart fIGure

amortIZatIon amount

SPOUSE’S PRE-TAX Income

affordaBle montHly Payments

amount of mortGaGe dIvIded By 1,000

estImated montHly TAXES & HEAT

TOTAL PRE-TAX Income

amount of mortGaGe (PRICE – DOWN PAYMENT)

amortIZatIon amount

montHly Payments

MORTGAGE PAYMENT CALCULATION CHART Interest rates %

AMoRtiZAtion PeRioDs 5 yrs

10 yrs

15 yrs

20 yrs

25 yrs

5.00%

18.84

10.58

7.88

6.57

5.81

5.25%

18.96

10.70

8.00

6.70

5.95

5.50%

19.07

10.82

8.13

6.84

6.10

5.75%

19.18

10.94

8.26

6.98

6.25

6.00%

19.29

11.06

8.39

7.12

6.39

6.25%

19.41

11.18

8.53

7.26

6.54

6.50%

19.52

11.31

8.66

7.40

6.69

6.75%

19.63

11.43

8.79

7.54

6.85

7.00%

19.75

11.55

8.93

7.69

7.00

7.25%

19.86

11.68

9.06

7.83

7.15

7.50%

19.98

11.81

9.20

7.98

7.31

7.75%

20.09

11.93

9.34

8.13

7.47

8.00%

20.21

12.06

9.48

8.28

7.63

8.25%

20.32

12.19

9.62

8.43

7.79

follow tHese stePs to see If you’ll QualIfy for a mortGaGe on YouR DReAM HoMe

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

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

1,000.

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

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

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

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

136 NEW HOME GUIDE | MAR 15 - APR 12, 2013

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

MoRtGAGe Interest rates VARiABLe

6 month

1 year

2 years

3 years

4 years

5 years

4.650

3.040

3.200

3.240

3.340

3.490

atB financial

2.600

4.000

3.100

3.140

3.700

4.390

3.140

Bank of montreal

3.100

4.000

3.000

3.040

3.650

4.640

5.240

Bank of nova scotia

3.100

4.550

3.750

3.890

3.990

4.390

4.990

Bmo

3.100

4.000

3.000

3.040

3.650

4.640

5.240

cIBc mortgages

3.200

4.450

3.000

3.140

3.650

4.390

5.240

canadian western Bank

3.200

4.000

3.000

3.040

3.650

4.640

5.240

canadian western trust

3.200

4.000

3.000

3.040

3.650

4.640

5.240

INSURED OR HIGH-RATIO: A buyer can borrow up to 95% of the purchase price or the value of the property, whichever is less. The down payment can be as low as 5%.

first calgary financial

4.000

2.390

3.140

2.990

3.290

MORTGAGE OPTIONS

first national financial

2.800

3.950

2.740

2.690

2.790

2.990

3.040

HsBc Bank canada

3.100

4.450

3.600

3.950

4.450

4.990

5.240

InG direct

3.000

2.790

3.250

3.080

Investors Group trust

3.000

4.000

3.000

3.140

3.650

4.640

5.240

laurentian Bank canada

3.200

4.400

3.090

3.140

3.700

4.640

5.240

london life

3.000

4.000

3.000

3.140

3.700

4.640

5.240

manulife Bank

3.000

4.450

3.000

3.050

3.100

3.090

manulife trust

4.450

3.000

3.050

3.100

3.090

national Bank

3.200

4.000

3.100

3.140

3.700

4.640

5.240

4.500

3.100

3.350

3.600

3.850

3.950

President’s choice fin’l

3.200

6.040

3.140

3.200

3.240

3.350

3.440

royal Bank of canada

3.000

4.000

3.000

3.040

3.650

4.640

5.240

4.000

3.000

3.040

3.650

4.390

5.240

3.200

4.000

3.000

3.040

3.650

4.640

5.240

3.150

3.250

3.350

3.390

3.190

aGf trust

Peace Hills trust

servus credit union t-d mortgage your neighbourhood c.u.

MORTGAGE TYPES ALL MoRtGAGes ARe oF tWo BAsic tYPes: conVentionAL The buyer can borrow up to 80% of the purchase price or the value of the property, whichever is less. The buyer has to pay 20% down. A conventional mortgage cannot exceed 80% of the value of the property.

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

PRePAReD BY cAnneX on MARcH 4, 2013. this information is current as of the date and time posted and is subject to change without notice. © copyright 2013 CANNEX Financial Exchanges Limited. All rights reserved.

MAR 15 - APR 12, 2013 | NEW HOME GUIDE 137

Visit Our Showhomes

Single Family Housing

Open from 3-8pm Mon-Thurs, 12-5pm Sat & Sun Closed Friday, Holiday Hours 12-5pm

WEST GRANVILLE

Homes from $390,900 3616 Goodridge Cres. 780.761.3722

SOUTHWEST WINDERMERE SOUTH Homes from $342,000 Duplexes from $331,000 1017-177A Street 780.756.2635

HAMPTON POINTE

Homes from $391,500 Duplexes from $325,000 20308 44 Ave 780.756.1038

SOUTHWEST ONE AT WINDERMERE OPENING MARCH 2013! Homes from $437,700 881 + 883 Windermere Wynd Call 780.761.2211 for information

Homes from $405,000 411 + 413 Chappelle Dr. SW 780.756.1853 Open Mon-Thurs: 2-8 pm

SOUTHEAST MAPLE CREST

Homes from $326,800 3132 + 3128 17 Street 587.520.0374

PALISADES

Homes from $388,000 Duplexes from $321,800 13716 165 Ave NW 780.757.3506

AURORA AT WALKER LAKE

North of 167 Ave, East of 82 Street

WILLOW HAVEN

Homes from $390,900 Duplexes from $331,300 5624 7th Ave SW 587.520.0937

Homes from $386,900 5495 + 5497 Schonsee Dr. th

780.457.1956

ST.ALBERT THE ELEMENTS AT ERIN RIDGE NORTH

Homes from $500,000 52 Everitt Drive 780.756.2018

w w w. b e d ro c k h o m e s . c a Prices subject to change without notice. Prices include home, lot & net GST. Some terms and conditions apply. Please contact Area Manager for more details.

FINAL SELL OFF! THE FIELDS OF SUMMERSIDE

Homes from $353,000 13 Selkirk Place 780.980.8528

Homes from $428,000 Call 587.520.0935

ROBINSON

CARLTON PARK

Homes from $353,000 Duplexes from $292,1000 605 Reynalds Way 780.980.8506

SPRUCE GROVE OPENING SOON!

OPENING SOON!

AMBLESIDE

SUNTREE

HARVEST RIDGE

NORTHEAST SCHONSEE

Homes from $402,000 DUPLEXES COMING SOON! 3103 + 3105 Winspear Cres. 587.520.0935

BRAND NEW SHOWHOME! Homes from $439,000 759 Adams Way SW 780.757.5880

LEDUC

NORTHWEST CREEKWOOD

Homes from $444,000 391+389 Windermere Rd. 780.761.2211

WINDERMERE NORTH

SOUTHEAST LAUREL CROSSING

MCLAUGHLIN

Homes from $382,000 164 McLaughlin Drive 780.571.1731

Homes from $427,000 Call 780.757.3506

Looking for the Perfect Spot?

years

OF EXPERIENCE TO SHARE

138-139-Bedrock 03-15-13.indd 139

3/8/13 12:28:34 PM

140-United-Big Lake 03-15-13.indd 140

3/8/13 12:29:45 PM