JAN 15 - FEB 12, 2016 VOLUME 28, ISSUE 1, FREE
EDMONTON EDITION
INSIDE THIS ISSUE
MAKING THE RIGHT REAL ESTATE CHOICE
WHAT DO THE NEW MORTGAGE RULES MEAN FOR YOU?
NEIGHBOURHOOD PROFILE ON THE GARNEAU
Award Winning
Award Winning
Award Winning
Award Winning
me the kitchen of my dreams Save big
Step into a Morrison showhome. Step out inspired.
with our limited time
You deserve the home you want. From fixtures to finishings, Morrison Homes gives you more. More space. More selection. More confidence it will be built right.
MORE IS more is MORE more sales EVENT SALES event
Visit a showhome for details! Front Attached Homes from the
420s
$
Amber Carlson • 587.520.7929 2207 Calhoun Link SW
move in sooner! Move Ask about our quick possessions homes.
THE HOMEBUYER’S BEST FRIEND TM
Explore galleries, floorplans, showhome maps and more at MorrisonHomes.ca
CENTURY ROAD
HWY 16A
ST. ALBERT
ANTHONY HENDAY
HWY 16
170 STREET
HWY 2
EDMONTON
ANDERSON WAY
ST. ALBERT
HWY 16
EDMONTON
heritage valley
ELLERSLIE ROAD
HWY 2
ANTHONY HENDAY
See sales representative for details. Prices and specifications are subject to change without notice. E. & O.E.
averton.ca
contents JAN 15 – FEB 12, 2016 | VOLUME 28 ISSUE 1
63 in every issue
024 Design Secrets
010 Editor’s Note
5 trends to help you select finishes for your new home
058 Neighbourhood Profile
by Jane Lockhart
073 What’s Online buyers’ resources
068 Web Directory advice
018 CHBA Alberta
Making the right real estate choice for you by Jim Rivait
022 Fundamentally Speaking
Edmonton could feel the cooling of new down payment rules by Wayne Karl
032 Mortgage Advice
What the new mortgage rules mean for Canadians by Alyssa Richard
district maps
012 Edmonton Region 019 Southwest 025 South 031 Beaumont 034 Leduc 035 Southeast
showhome review
045 Morrison Homes
Morrison presents the Arlington showhome in McConachie
040 Sherwood Park 041 Fort Sask 043 Northeast 049 Northwest
property profiles
063 Beaverbrook Communities
Welcome to luxury in River’s Gate
057 West 061 St. Albert 067 Spruce Grove
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani JAN 15 - FEB 12, 2016 VOLUME 28, ISSUE 1, FREE
SALES MANAGER, ALBERTA
Shelley Balla EDITOR
Wayne Karl ART DIRECTOR
20
ON THE COVER
Megan Pike
EDMONTON EDITION
CONTRIBUTING EDITORS
Sara Duck (on leave), Elisa Krovblit, Lydia McNutt (on leave)
SENIOR MEDIA CONSULTANT
Nancy Chemait 780.619.3241 MEDIA CONSULTANT
Amie Wisener 587.338.5753
The Collections
NATIONAL CIRCULATION MANAGER
at Creekwood
John Jenkins
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR INSIDE THIS ISSUE
MAKING THE RIGHT REAL ESTATE CHOICE
WHAT DO THE NEW MORTGAGE RULES MEAN FOR YOU?
NEIGHBOURHOOD PROFILE ON THE GARNEAU
Greg Van Sluytman GRAPHIC DESIGNERS
Miguel Cea, Mike Terentiev
PO Box 458. Station Main, Edmonton, AB T5J 2K ypnexthome.ca
ADVERTISING Call 416.626.4200 for advertising
rates and information. CIRCULATION Free distribution in select
24
+ online NEIGHBOURHOOD
HOME SEARCH
45
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Editors' Notes
EXPLORE GARNEAU
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
TAKE A TOUR ONLINE ypnexthome.ca/garneau
Your next home, easier to find We realize there are different ways to search out that next home. That’s why we’ve made it our priority to make that home easier for you to find. While price and size are always a big part of the equation, location will likely affect you most. Whether you want to be closer to work, important amenities or the city — or farther from it — the challenge is to find a home search tool that will provide all those answers. That’s precisely why we’ve developed maps with extensive neighbourhood data on YPNextHome.ca.
These maps make it easy to find not just a home but also see what is in the area, with stats about the community and its residents. YPNextHome.ca offers neighbourhood profiles, as well as guided tours by our team of experts — all connected to the maps, so that there’s no secondary search. We’ve made it easy for you to familiarize yourself with a community and get valuable insights, from hot spots to proximity to the city centre. We hope you find this experience helpful. Let us know, we’d love to hear from you!
Protect yourself from the chill
WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social
The move was intended to mostly impart a slight cooling on Canada’s hottest and most expensive real estate markets – Toronto and Vancouver. But the federal government’s recent decision to raise the down payment requirement for new insured mortgages from five per cent to 10 per cent for the portion of the house price above $500,000, could well have other unintended consequences. In particular, Edmonton is among those markets that these new rules
could inflict additional cooling upon, at a time when conditions are already chilly enough. Prospective buyers have a few choices: buy before the new rules take effect Feb. 15, 2016; find a way to increase your down payment; or look at properties of less than $500,000. Find a way to protect yourself from this additional chill, until later in 2016 and 2017 when the Edmonton economy and housing market is expected to begin warming up.
Interact with us on social media: ypnexthome
10 YPNEXTHOME.CA
MAT
PAY LESS & STILL GET MORE
Visit our Sales Centres FOR
EXCEPTIONAL VALUE on all Quick Possession Homes
Though you’ll find our prices far more than competitive, you’ll still always get more than you pay for. We create real neighbourhoods in which people can live well. And with thoughtful design, we build spaces that are large, bright, and functionally elegant. We even encourage all homeowners to make their homes their very own – with varieties of floor plans, elevations, colours, décors, and exclusive Architect’s Choice Options.
BEAUMONT Quick Possession Homes
From $ 427,000
SAVE $20,000 on all Quick Delivery Homes.
SALES CENTRE
Detached Homes offer included features like upgraded Baths, Hardwood, Granite, 9' Mains.
274 Reichert Drive, Beaumont, AB, T4X 1Z7 780-929-1111 • sls_beaumont@mattamycorp.com
Save $10,000 to $15,000 on a Limited Quantity of Mattamy Townhomes. Most attractive prices in the neighbourhood.
EDMONTON
SALES CENTRE
Quick Possession Homes
The corner of 141 St. SW and Chappelle Dr. SW 780-399-5549 sls_creekwood@mattamycorp.com
From 299,990 $
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM/EDMONTON FOLLOW US: SALES CENTRE HOURS: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm
2015 Awards of
EXCELLENCE in HOUSING
*All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. Prices may vary according to lot selection and elevation. E.&O.E.
MATEDMONTON-MH_CE CW_NHG_Mag.indd 1
2016-01-07 4:28 PM
Coming soon
On Stands Now! Watch it! Octoberfor 2012
HIGHLIGHTING THE TOP
builders, developers & new communities across Edmonton
12窶ズPNEXTHOME.CA
Single Family, Duplex and Townhomes that are Move in 137 Ave. Ready. Visit our Showhomes Today.
M ES
SIE R
TR
A IL
RT BE AL
MERIDIAN STREET (0 St.)
ST.
AIL TR
to
Fort Saskatchewan
Y
HW k ar dP oo rw
Y
nt
on
15
Y
HW
15
21 r. rt D fo th
86
e. Av
N
St. 94
Sienna-FortSask.com
HW
mo
92 St.
Rohit Communities: 780.995.6054 Sterling Homes: 780.997.0960
Ed
So u
M AR K
t. 101 S
• Hospital & Schools • Parks, Playground & Trails • Performing Arts Theatre • Recreation Centre • Trendy Restaurants & Shopping • Homes Starting in the $320’s*
To E dm ont on/ Sh e
RAY GIBBON DR.
Sienna is the perfect community to make unforgettable memories.
84 St
.
Sienna Blvd
.
Showhomes
DR.
Lessard Road DR.
QE II
James Mowatt Trail
127 St.
141 St.
170 St.
Cameron Heights Drive
*LEERQV
Interchange
28A
EDMONTON & REGION
Moments like Check Each Area District Map For More Information
These
&DOPDU
Look for these new signs in Fort Saskatchewan
SEARCH ONLINE ypnexthome.ca
JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 13
The Estates at Waters Edge
R
ecreational lake front property has long been exclusively thought of as a summer treat. From that first warm weekend at the end of May, residents of cottage country do their best to squeeze in as much time at the lake before the leaves and snow fall. There is, however, a new development in Alberta that offers the exclusive benefits of lakeside living year-round. Whether prospective buyers are looking for a weekend retreat or a permanent residence, The Estates at Waters Edge offers unique, single-family homes to accommodate a range of budgets and lifestyles. This secure, gated development is situated 45 minutes west of Edmonton on the shore of Lac St. Anne. As a perennial community equipped with resort-style amenities, residents enjoy the beauty that every season has to offer. Summer activities include water sports, fishing, walking, biking, or golfing at a nearby course. New for 2016 is the addition of a heated pool! A fully equipped fitness building is now up and running for residents to use and enjoy. Winter brings its own selection of outdoor activities, including snowmobiling, cross-country skiing, snowshoeing, and ice fishing. For skating and hockey enthusiasts, there is an outdoor NHL-sized ice rink, complete with a skate change and warm-up
facility. Access to a private boat launch and a maintained marina allows for carefree boating enjoyment. For social gatherings, a clubhouse, featuring a kitchen, dining area and games room, can accommodate gatherings both small and large. Home designs are created in-house by the Waters Edge Architecture Team to keep turn-around time to a minimum. Most home builders charge a fee for any changes to their plans, however, this service is complementary for buyers who choose to build with Waters Edge. Owners can also choose to purchase an undeveloped lot and construct with their preferred builder as long as the proposed design fits within the architectural and landscaping guidelines. Waters Edge homes have been designed in a timeless Craftsmanstyle and are available in an array of two to four bedroom floor plans ranging from 1,150 to 2,500+ sq.ft.. Layouts and room sizes are completely customizable to ensure that each plan meets the buyer’s needs. Yards are fully landscaped and can include a choice of parking pad, attached or detached garage. A variety of high-quality interior finishing packages are also available and owners can rest easy knowing that their residence comes with a 10-year Progressive Home Warranty to ensure the highest home construction quality. Lot prices start in the low $100,000’s, and two bedroom residences with completely landscaped lots start in the low $300,000’s. Two brand new showhomes are now open and available for immediate possession. Contact Mike at 780-405-6378 or 1-877-405-1105 or visit watersedgeestates.ca for more information.
Enjoy lakeside living year round Only forty five minutes west of Edmonton and thirty minutes west of St. Albert, Lac Ste. Anne is conveniently located only a stone’s throw from a major city. Your journey will be well worth the short trip. Establish a permanent residence or settle in for the weekend. Our vibrant full service community will complement you at any stage in life.
SINGLE FAMILY HOMES WITH FULLY LANDSCAPED LOTS
$300,000’S FULLY SERVICED LOTS STARTING IN THE MID $100,000’S
STARTING IN THE MID
780.405.6378 info@WatersEdgeEstates.ca www.WatersEdgeEstates.ca
4 STUNNING SHOWHOMES AVAILABLE FOR
IMMEDIATE POSSESSION
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.
JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 15
LIGHTING MISTAKES TO AVOID BY C. MARIE HEBSON
1. Relying on Only One Light Source. The key to good lighting is layering light at different heights. Don’t rely on one kind of light source, mix a variety of overhead, floor and table lamps. Warm ‘pools’ of light draw people in and create intimacy. 2. Not Thinking About Wattage. Mood is everything, and who wants to dine in bright light? 60 watts for the dining room, brighter when reading, 75 to 100 watts for the living room. Keep overhead lights to 75 watts, with 60 watts on each side. For bathrooms - the best lighting is at eye level, not overhead, which creates shadows. And the best light is diffused light from a white or off-white lampshade. 3. Don’t Go Overboard With Recessed Lighting. Use recessed lighting sparingly. Too many fixtures turn your ceiling into swiss cheese! Be mindful of where you place that kind of lighting. Limit overhead can lighting to functional areas such as bathrooms, closets and laundry rooms — the light is too harsh and flat for your living areas, unless you go to smaller halogens. 4. Overhead Lighting That’s Too Bright. There’s nothing worse than bright lights that make you feel like you’re onstage. Use dimmers and soft white bulbs in every room, including bathrooms.
16 YPNEXTHOME.CA
5. Forgetting About Dimmers. Lighting is everything. It creates atmosphere, drama, and intrigue in a room. The easiest way to accomplish this is with a dimmer switch, best places for dimmers are living, dining, theatre, master bedroom and your ensuite. 6. Light Switches Placed in the Wrong Place. I prefer to locate light switches about 36” above the floor. That way they stay out of the way of the art on our walls. Switches should be about 1½” to 2” off the side of the door casing. 7. Neglecting Your Closet. Your closet needs attention, too. I prefer recessed lighting and/ or track lighting in walk-in closets. The recessed lights stay clear of moving clothes in and out, undermount puck lights are key in lighting up (or down) lighting on shelving. Having good lighting in your closet is essential.
8. Using same collection throughout. Don’t pick a collection and put that everywhere in your home, that is so boring! Find your inspiration fixture that sets the tone then find complimentary fixtures for each key area that relates to that space. EG: Dining Room, Foyer, Kitchen Nook, Kitchen Island, Master Bedroom etc. 9. Thoughtful mix of finishes: You don’t have to match you can mix your finishes - within reason. Be aware of your preferred metal colours and the combination of finishes you want to use. By mixing thoughtfully, the end result can be very sophisticated.
JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 17
Advice | CHBA ALBERTA
Making the right real estate choice By Jim Rivait
WONDERING WHETHER THIS IS THE RIGHT TIME for you to buy a home?
Every homebuyer has doubts, but a new report from Mortgage Professionals Canada shows that purchasers – regardless of whether they bought their home back before Nirvana was leading the rise of grunge music to today’s Auto-Tune generation – are overwhelmingly positive about their decision after they take the plunge. People who bought a home before 1990 and had the benefit of plenty of time to assess their decision were most certain they made the right choice. A total of 95 per cent were happy, and none of the buyers in the survey regretted their decision. Buyers across all generations shared those views, with more than 90 per cent saying they’re happy they bought a home, and just three per cent expressing any regrets. Satisfaction with their home purchase isn’t the only thing homebuyers from different eras share – they also tend to see a home the same way. Whether they are 18 to 34, 35 to 54, or in the 55 years-plus category, buyers see their homes around 75 per cent as a place to live and 25 per cent as an investment.
Where we start seeing a real difference between generations is among those who do not own a home. Almost half the 18 to 34 age group says they need extra time to save for a down payment, and more young people report they are still establishing their financial and employment stability. Young people are also far more hopeful that they can guess the right time to enter the housing market, with 28 per cent waiting for home prices to decrease, compared to only 13 per cent in the 35 to 54 age bracket. Balanced against the concern about market timing – even among the youngest potential buyers – is widespread confidence in the long-term value of a home purchase; only four per cent say they don’t believe homeownership is a good investment. Thinking about owning a home also stresses out a lot more young people, perhaps because older generations have had more chances to observe how people manage the responsibilities of home ownership. There’s no doubt that repair costs are a big concern for first-time homebuyers. When the Canada Mortgage and Housing Corp. conducted its annual survey, unexpected costs for major repairs worried a majority of first-time buyers. More than a third found those concerns were real when they found themselves on the hook for the cost of immediate repairs after they took possession. One way for first-time buyers to relieve stress is to consider purchasing a new home. The many advantages of new homes are a confidence booster when making such a big investment. So is a 10-year warranty that provides assurance you’re still covered even if an issue arises long after construction. To learn more about the advantages of new homes, check out the consumer resources on the CHBA Edmonton Region website. It’s also where you can find CHBA members with the experience and expertise to guide you through your purchase. 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. Find a local builder at the CHBA Edmonton region website chbaedmonton.ca
Jim Rivait is Chief 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.
18 YPNEXTHOME.CA
southwest
10 CHAPPELLE GARDENS
DEVELOPER: Brookfield Residential BUILDERS: Morrison Homes, Daytona Homes Master Builder, Look Master Builder, Homes By Avi, Brookfield Residential LOCATION: South of Ellerslie Road & West of 141 Street.
11 ONE AT WINDERMERE
DEVELOPER: Beaverbrook Communities BUILDERS: Bedrock Homes, Dolce Vita Homes, Western Living Homes, Sunny Valley Homes, Ace Lange Homes, Kanvi Homes, open LOCATION: Winderemere Blvd. West of 170 Street
17
12 AMBELSIDE SOUTH
12
DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Coventry Homes, Connect Homes LOCATION: Ellerslie Road & 170th Street
18
1 AMBLESIDE IN WINDERMERE
DEVELOPER: Windermere Ambleside II Ltd. BUILDERS: Averton Homes, Triumph Homes, Kanvi Homes, Kimberley Homes, Marcson 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, Rohit Communities, Marcson Homes, Augusta Homes LOCATION: 170 St & 7th Ave. S.W.
3 GLENRIDDING
Developer: UnitedCommunities Builders: RSL - Homesby Avi, Pacesetter, Parkwood Homes, Landmark Homes. RPL - Pacesetter, Landmark Legacy Homes, Duplex Homes, Duplex Homes (rear attached garages) - Homes by Avi LOCATION: 156 Street & Ellerslie Road
4 UPPER WINDERMERE
DEVELOPER: Beaverbrook Communities BUILDERS: Averton Homes, Mac & Mitch Homes, Open LOCATION: Windermere Blvd. West of 170 St.
5 KESWICK ON THE RIVER
DEVELOPER: MLC / Cameron Communities BUILDERS: Cameron Homes, Hillview Master Builder, Kimberley Homes, Landmark Homes, Parkwood Master Builder, Aacropolis Homes, Ace Lange Homes, Carriage Signature Homes, Perry Signature Homes LOCATION: West of 180th Street and South of Ellerslie Road (9th Ave)
6 WINDERMERE RIDGE
DEVELOPER: Beaverbrook Communities. BUILDERS:Las Palmas Estate, Marco Antonio Homes, Open LOCATION: Windermere Blvd., West of 170 St.
7 JAGARE RIDGE
DEVELOPER: Melcor Developments Ltd BUILDERS: AceLang Construction, Canyon Springs Master Builder, Birkholz Homs, Hillview Homes, Carriage Custom Homes, Kanvi Homes, Perry Signature Homes, Kimberley Custom Homes LOCATION: South on Ellerslie and 141 street
8 CREEKWOOD CHAPPELLE
DEVELOPER: Delcon Creekwood BUILDERS: Averton Homes, Connect Homes, Homes By Avi, Thomsen Built, Reidbuilt Homes, Prominent Homes, Alquinn Homes, Klair Custom Homes, First Avenue homes LOCATION: South of Ellerslie Road & West of 141 Street
13 GRAYDON HILL
DEVELOPER: MLC Group BUILDERS: Averton Homes, Marcson Homes, Parkwood Master Builder, Landmark Communities, Lincolnberg Master Builder, Pacesetter Homes LOCATION: Ellerslie Rd, west of 127th St SW
14 GLENRIDDING HEIGHTS
DEVELOPER: Rohit Land Development BUILDERS: Crimson Cove Homes, d’Cor Homes, Lincolnberg Master Builder, Pacesetter Homes, Rohit Communities LOCATION: South of Ellerslie Road, East of 170 Street
15 PAISLEY AT HERITAGE VALLEY DEVELOPER: Brookfield Residential BUILDERS: Innovations by Jayman, Brookfield Residential, Daytona Homes Master Builder, Coventry Homes, Homes by Avi LOCATION: South of Ellerslie Road & East of 141 Street
16 ONE AT KESWICK
DEVELOPER: Beaverbrook Communities BUILDERS: Bedrock Homes, Dolce Vita Homes, Kimberley Homes, Alquinn Homes LOCATION: Hiller Road, West of 170 Street
17 WESTPOINTE OF WINDERMERE BUILDERS: Celebration Homes, White Eagle Homes, Infiniti Master Builder, Hoxton Homes, Augusta Fine Homes LOCATION: 170 Street and Woolsey Link
18 THE COLLECTIONS AT CREEKWOOD
BUILDERS: Mattamy Homes, Thomsen Built, Klair Custom Homes, First Avenue, Alquinn Homes LOCATION: West of Creekwood Chappelle
19
17
NE
W
SC
HO
O OL
P
I EN
NG
L FA
0 L2
NEW SHOWHOMES OPENING JANUARY 2016
THE BUILDERS
VISIT THEM TODAY IN THEIR CREEKWOOD SHOWHOMES Alquinn Homes | First Avenue Homes | Klair Homes | Mattamy Homes
Where Your Journey Comes to Life
www.livethecollections.com
Welcome to The Collections
ALQUINN HOMES
When you think about your dream home, what comes to mind? Whether it’s a place to build roots in with your new family, or a spacious estate with a natural view, or a stylish bungalow with room for the grandkids, your dream becomes a reality in The Collections. The biggest difference with this new Southwest Edmonton development is that the Whitemud Creek Ravine plays an integral role in the planning and construction process for The Collections neighbourhood. Jenn Brown, project manager for The Collections, says home owners can’t expect to be any closer to nature, and natural beauty takes on a whole new meaning when it comes to the neighbourhood’s design. “Others may incorporate natural elements into their neighbourhoods, such as a stand of trees or manmade walking trails, but we are actually designing and building The Collections around the natural shape of the ravine,” Jenn said. “When you buy a new home in The Collections, you are genuinely surrounded by Southwest Edmonton’s natural beauty.” Bringing together man and nature is a huge part of what makes The Collections such an appreciated breath of fresh air for home buyers. While The Collections is a peaceful escape from urban living, Jenn says the neighbourhood is just minutes away from valuable amenities, providing residents with a perfect balance of tranquility and convenience. “As a Creekwood Family Neighbourhood, The Collections is just a short drive away from shopping, dining and entertainment options offered in the Currents of Windermere. We are also very excited for the new K-9 school to open in The Collections in fall 2017.” The Collections will offer housing types for families in every stage of life, and Jenn says residents will get to enjoy retail conveniences like Creekwood Market, which opens this spring. Bluebell, the first phase of The Collections, is now open and offers stylish semi-detached and smaller lot front garage homes that are perfect for home buyers looking to take their next step in life. “Whether you’re starting a family, designing your dream home, or settling down to enjoy post-retirement life, your journey truly comes to life in The Collections.”
Where Your Journey Comes to Life
Advice | FUNDAMENTALLY SPEAKING
Ottawa moves to raise minimum down payment requirement By Wayne Karl
EDMONTON, CALGARY and other
markets already experiencing a slowdown are among the cities expected to feel additional cooling by the federal government’s new minimum down payment requirement. In December, Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance, intended to contain risks in the housing market, reduce taxpayer exposure and support long-term stability. Effective Feb. 15, 2016, the minimum down payment for new insured mortgages will increase from five per cent to 10 per cent for the portion of the house price above $500,000. The five-percent minimum down payment for properties up to $500,000 remains unchanged. The move represents a graduated approach to increasing the down payment requirement proportionally to the cost of a home. “The government’s role in housing is to set and maintain a framework that is equitable, stable and sustainable,” Morneau says. “(These actions) prudently address emerging vulnerabilities in certain housing markets, while not overburdening other regions. They also rebalance
ONLINE
government support for the housing sector to promote long-term stability and balanced economic growth. “This measure will increase homeowner equity, which plays a key role in maintaining a stable and secure housing market and economy over the long term,” he adds. “It also protects all homeowners, including many middle class Canadians whose greatest investment is in their homes.” Morneau also highlighted the increases in guarantee fees for Canada Mortgage and Housing Corp. (CMHC)-sponsored securitization programs, announced by CMHC. So, what might all this mean for consumers? For those in Calgary and Edmonton, the move could have the unintended consequences of imparting additional cooling on already chilly markets. CIBC Deputy Chief Economist Benjamin Tal says the largest impact will be felt in Calgary, due to the large share of high-ratio mortgages. In this city, the new measures could impact about 10 per cent of new sales, while in Toronto the figure is five per cent; in Vancouver, just 2.5 per cent. “It will only affect a small number of buyers,” James Laird, president of mortgage broker CanWise Financial, told New Home Guide. “People in the affected group may need to rent a little bit longer until they save the extra down payment required. They may still buy where they’re planning
to by getting help from family. Or they may still buy right away, but buy a slightly smaller home than they were planning to.” “The other thing to think about is that it really shouldn’t affect non-firsttime homebuyers. Presumably, they’d be selling their previous home to buy another home, and there’d be enough equity in their home.” Mortgage broker and wealth planner Calum Ross expects a spike in activity before the deadline. “Unexpected changes to the market that make access to capital more difficult historically have had a significant short-term impact, followed by an adjustment,” he told New Home Guide. “Expect market activity to go up substantially on homes priced between $500,000 and $1 million through until the deadline. Personally, the only surprise part of this announcement is why they didn’t do this sooner. The fact people were able to do five per cent down beyond $500,000 was ridiculous to begin with. Homeownership is a privilege, not a right.” 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@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl
Canada’s 7 hottest real estate markets With 2015 in the rear view mirror and the New Year upon us, it’s an appropriate time to take a look at Canada’s hottest real estate markets. While you might expect that Canada’s largest and most expensive markets such as Toronto and Vancouver are also the hottest, that’s not necessarily the case.
22 YPNEXTHOME.CA
Read the full story…
ypnexthome.ca/hottest-markets
ONLY
32 LOTS LEFT!
Ambleside is making room for 32 more families. Will yours be one of them? Now this is a rare opportunity. So rare, it may never happen again. Ambleside is selling 32 lots direct to buyers like you. You pick the perfect lot—and build your family’s dream home with any builder of your choice. Or choose one of our existing builders’ final lots. We know it’s cold out—but you’re going to want to move fast.
❄❄❄❄❄❄
❄
et! Don’t forg Annual th 9 ’s Ambleside
❄❄
❄❄❄❄❄❄❄❄
Calgary Trail
Whitemud Dr.
N
111 St.
Whitemud Dr.
tho
ay nd
ar Dr.
He
eg
. Dr
rw Te
ill
Rabbit Hill Rd.
ny
2 3 Ave.
Dr. enday yH A n t h on
k
Ellerslie Rd.
41 Ave.
ary Tra il
k
Calg
127 St.
141 St.
Whitemud C
170 St.
re e
ee Cr Blackmud
An
99 St.
❄❄
❄
4 ebruary 1 Sunday, F m p 5 to m p from 12
❄❄
❄ ❄❄
ic Family Day Frol
❄❄❄❄❄
❄❄❄❄❄
❄ ❄❄
❄❄
❄❄
Find the lot for your family at AmblesideWindermere.ca
Inspiration | DESIGN SECRETS
Discover Our Shining New Showhomes South of Ellerslie Road on 66 Street
5 trends to help you select finishes for your new home By Jane Lockhart
ONE OF THE MOST exciting and stressful times of purchasing a new home from plans is the opportunity to select your own colours and finishes. Many clients hire us to come along with them to the builder’s decor centre for the selection process to make it smooth, fast and current in terms of trends. The word “trend” is a confusing one, as it is often confused with the idea of a fad which is short term and likely to not last more than half a year to a year in length. A trend is an underlying current within the marketplace that is generally adopted by most people within a 24 YPNEXTHOME.CA
certain category whether it is fashion, home decor, interior design or a particular architectural style. It is this information that residential designers are highly attuned to and can provide valuable insight when selecting materials for your new home. Here is a quick guide to trends you may want to consider as you chose materials and finishes for your new house or condo.
mass variety and colour of quartz products. Solid surface counters are an ongoing trend in kitchens and master bathrooms, particularly, but where possible, adding these to secondary bathrooms and laundry rooms is also popular. Some of the new laminate countertop patterns are pretty nice and can work in less high traffic spaces – and can offer cost savings.
1) Solid surface countertops This includes quartz, granite and other materials such as Corian, although it is far less popular than it was a few years ago with the
2) High gloss porcelain tile in light colours in bathrooms and kitchens There is no question that we are in a time of “white” as the dominant …continued on page 26
JOHN HEINEMAN PHOTOGRAPHY (JOHNHEINEMANPHOTOGRAPHY.COM) COURTESY OF SORBARA GROUP OF COMPANIES (SORBARA.COM)
PROMO ON NOW!
JOHN HEINEMAN PHOTOGRAPHY (JOHNHEINEMANPHOTOGRAPHY.COM) COURTESY OF SORBARA GROUP OF COMPANIES (SORBARA.COM)
Gateway Blvd.
127 St.
23 Ave.
James Mowatt Tr.
Anthony Henday
1
11 THE ORCHARDS ORCHARDS AT 11 THE AT ELLERSLIE ELLERSLIE
12
101 Street
QE II
50th St.
6 14
11
7
814
RR243
10
41st Ave. SW
RR244
15
e. 30 Av
DEVELOPER: MLC Group Group // Allard DEVELOPER: MLC Allard Developments Developments BUILDERS: Jayman MasterBUILT, Rohit BUILDERS: Jayman MasterBUILT, Communities, Sterling Homes, Connect Rohit Communities, Sterling Homes, Homes, Landmark Legacy, Jaya Homes Jaya Homes LOCATION: James Mowatt Trail LOCATION: South Southonon James Mowatt and 30 Avenue TrailSouth and of South of 30SW Avenue SW
5
2
9
66 St.
8
Ellerslie Rd. (9th Ave.)
3
Millwoods Rd.
91 St. Parsons Rd.
Calgary Trail South
111 St.
119 St.
30 Ave.
10 ALLARD ALLARD IN INHERITAGE HERITAGE VALLEY VALLEY
34 Ave.
Township Road 510
Township Road 510
13
1 LAKE SUMMERSIDE SUMMERSIDE
DEVELOPER:Brookfield Brookfield Residential DEVELOPER: Residential BUILDERS:Brookfield Mosaic Townhomes, BUILDERS: Residential, Brookfield Duplexes, Innovations by Innovations by Jayman, Daytona Jayman, Daytona Homes Master Builder, Homes Master Builder, Landmark LandmarkHomes Homes,by Homes Avi, Homes, Avi, by Pacesetter PacesetterCanyon Homes, Landmark Classic Homes, Spring Master Homes, Canyon SpringHomes, Master builder, builder, Aacropolis Infiniti Aacropolis Homes Master Builder LOCATION:Ellerslie Ellerslie Rd. LOCATION: Rd. & & Parsons ParsonsRd. Rd.
5 WILLOW HAVEN 6 WALKER LAKES STATION
6 7
2 CALLAGHAN DEVELOPER: Rohit Land Dev. 2 CALLAGHAN
BUILDERS: Art Custom Homes, DEVELOPER: Rohit Land Dev. White Eagle Homes, D’CorHomes, Homes, BUILDERS: Art Custom Celebration Homes White Eagle Homes, D’Cor Homes, LOCATION: Homes 1 km South of Ellerslie Road Celebration on 111 Street SW LOCATION: 1 km South of Ellerslie Road on 111 Street SW
7 8
3 RUTHERFORD HEIGHTS DEVELOPER: QualicoHEIGHTS Communities 3 RUTHERFORD
BUILDERS: StreetSide DEVELOPER: Qualico Communities LOCATION:StreetSide James Mowatt Trail & BUILDERS: Rutherford Rd.James Mowatt Trail & LOCATION: Rutherford Rd.
4 WALKER LAKES NORTH DEVELOPER: MLC Group / Cameron 5 WILLOW HAVEN Communities Carrington Land DEVELOPER: BUILDERS:: Bedrock Cameron Homes BUILDERS Homes LOCATION::South LOCATION 5624of- Ellerslie 7th aveRd. on 66 Street
Beaumont
8 9 9
DEVELOPER:MLC Carrington DEVELOPER: GroupLand / Allard BUILDERS : Bedrock Homes Developments LOCATIONActive : 5624 Homes, - 7th ave Boss BUILDERS: Homes, Pacesetter Homes, Sterling WALKER LAKES STATION Homes DEVELOPER:South MLC of Group / Allard LOCATION: Ellerslie Rd. Developments on 66 St. BUILDERS: Active Homes, Boss Homes, Landmark Legacy Homes, Lincolnberg ALLARD Master Builder, United Pacesetter Homes, DEVELOPER: Communities Sterling Homes BUILDERS: Caliber Master Builder, LOCATION: South ofWhite Ellerslie Rd. Kimberley Homes, Eagle on 66 St. Parkwood Master Builder Homes, LOCATION: 111th Street & 30th Ave
DEVELOPER:Brookfield Brookfield Residential DEVELOPER: Residential BUILDERS:Front attached attached Homes: BUILDERS:Front Homes: Homes by Homes, Jayman Homes byAvi, Avi,Sterling Sterling Homes, MasterBUILT Rear-Detached Homes: Jayman MasterBUILT Rear-Detached LandmarkLandmark Legacy Homes, Daytona Master Homes: Legacy Homes, Builder Duplex & The Grove Townhomes: Daytona Master Builder Duplex & Brookfield The GroveResidential Townhomes: Brookfield LOCATION: South off of Ellerslie on 91st Residential Street, turn east on 25th SW. LOCATION: South offAve of Ellerslie on 91st Street, turn east on 25th Ave SW.
south south
34 Ave.
38 Ave.
39 Ave.
12 WALKER SUMMIT DEVELOPER:United Communities 12 WALKER SUMMIT
BUILDERS: Landmark, Morrison and DEVELOPER:United Communities Montorio Duplex - Morrison, Montorio BUILDERS: Landmark, Morrison and LOCATION: South- on Ellerslie Montorio Montorio Duplex Morrison, to 66th Street South on Ellerslie LOCATION: to 66th Street
13 ROYAL OAKS DEVELOPER: Cancom Development 13 ROYAL OAKS
BUILDER: Konark Homes, Cancom DEVELOPER: Cancom Development Homes, Infiniti Homes, Open Cancom BUILDER: Konark Homes, LOCATION: South on 101 Street to Homes, Infiniti Homes, Open Towship RoadSouth 510. Turn east Street to EastVistas LOCATION: on 101 Blvd. (follow signs) to Towship Road 510. Turn east to EastVistas Blvd. (follow signs)
14 AURORA DEVELOPER: Melcor Developments Ltd 14 AURORA
BUILDERS: Bedrock Coventry DEVELOPER: MelcorHomes, Developments Homes, Landmark Homes, Parkwood Ltd Master Builder, Trend Homes, BUILDERS: Bedrock Homes,Lincolnberg Coventry ALLARD Master Builder, MelcorHomes, Homes Parkwood Homes, Landmark DEVELOPER:OF United Communities RAVINES RICHFORD LOCATION: South on Ellerslie Master Builder, Trend Homes,at 66th BUILDERS: Caliber DEVELOPER: RohitMaster Land Builder, street Lincolnberg Master Builder, Melcor Kimberley Homes, White Eagle Homes, Development Homes Parkwood Master Builder Homes, BUILDERS: Celebration 15 LOCATION: DESROCHERS South VILLAGES on Ellerslie at 66th LOCATION: 111th Street & 30th Ave OPEN DEVELOPER: MLC Group street LOCATION: Ellerslie Road & BUILDERS: Pacesetter Homes, Landmark RAVINESCreek OF Ravine RICHFORD Blackmud Homes and Jayman Exclusive. 15 DESROCHERS VILLAGES DEVELOPER: Rohit Land Development LOCATION: MLC From Ellerslie DEVELOPER: Group Road and 11th BUILDERS: Celebration Homes, OPEN CALLAGHAN IN Street, drive South on James Mowatt Trail BUILDERS: Pacesetter Homes, LOCATION: Ellerslie Road & Blackmud HERITAGE VALLEY for approximately 5 minutes. The entrance to Landmark Homes and Jayman Creek Ravine DEVELOPER: MLC Group / JCA Desrochers Villages is on the right, just south Exclusive. Financial of 30th AvenueFrom (acrossEllerslie the street fromand the LOCATION: Road CALLAGHAN IN HERITAGE BUILDERS: Landmark AllardStreet, neighbourhood). 11th drive South on James VALLEY Communities, Sterling Homes, Mowatt Trail for approximately 5 DEVELOPER: Group / JCA Innovations byMLC Jayman minutes. The entrance to Desrochers Financial LOCATION: South on James Villages is on the right, just south of BUILDERS: Landmark Communities, Mowatt Trail and North of 30 30th Avenue (across the street from Sterling Homes, Innovations by Jayman Avenue SW the Allard neighbourhood). LOCATION: South on James Mowatt Trail and North of 30 Avenue SW
Community HANDCRAFTED DESIGN of the year! YOUR LIFE TO INSPIRE LakeSummerside.com
TheOrchards.ca 63 25
which both are popular in main floor rooms as finishing treatments. 4) White cabinetry and dark islands Floor-to-ceiling cabinetry is becoming more common with double-stacked cabinets. Different coloured islands continue although wood choices are moving from maple to cherry and even to walnut for a more lux feel. Island colours such as black, ebony, grey and charcoal have become more popular, as homeowners look for creative but classy alternatives to chocolate brown. 5) Hardwood flooring a top seller in new homes Change is underway in both colour and finish, however. With a nod to softer palettes, lighter hardwoods have begun to gain traction with pale grey-blond floors and even ashcoloured oaks popping up here and there. Wider plank flooring is still more interesting than long thin strip flooring and the glossy finishes of just a few years ago are on the decline. Look for more wire-brushed and hand-scraped finishes as they provide surfaces that are less likely to show wear and scratches than traditional dark, glossy hardwoods.
…continued from page 24
colour for a variety of home decor objects. Tile is no exception, and has gone from beige and tumbled in look to a polished and marbled finish, complete with a high gloss surface. It is smooth and clean with a modern edge. This has become a staple in master bathrooms and front foyers and given some layouts, even kitchens and mudrooms. Most tiles today are larger and are made from porcelain, which is more durable overall than ceramic.
3) Larger trim work and ceiling details for the main floor Rooms where we see this trend include the family room, dining room, foyer, office and living room. Be prepared to look at baseboard that is seven to 10 in. in height from the norm of five just a few years ago. More elaborate ceiling details such as tray, coffered or waffle applications continue to grow in popularity, as well as crown molding in wood or plaster. Included in this category is wainscoting and paneling
There are more trends out there in new home construction, but this summary reminds us that the underlying current of dominant design ideas shape what we subconsciously select in the long run. It is important to understand what has staying power and what doesn’t, so you make sound choices when selecting materials and finishes for your new home. It’s hard to think too far ahead, it’s possible that these finishes may surround you and your family for a lifetime. So, do some research before you make final selections to ensure you know what you want and where design trends are heading.
Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com
26 YPNEXTHOME.CA
SOUTH
SOUTH
BEAUMONT
• POPULATION: POPULATION: Approx 12,500 Approx 12,500
beaumont beaumont
AREA AREA INFO INFO
LOCATED: 22miles South of Edmonton on • LOCATED: miles South of Edmonton 50th50th street. on street. SCHOOLS: 55Schools from Kindergarten to • SCHOOLS: Schools from Grade 12. Kindergarten to Grade 12. French Immersion offered in all.in all. French Immersion offered GROCERY: Sobey s, s, Extra Foods • GROCERY: Sobey Extra Foods
RECREATIONAL FACILITIES: • RECREATIONAL FACILITIES:Beaumont Regional Activities Centre and numerous Beaumont Regional Activities Centre Coloniale Estates Golf Course, Edmonton outdoor facilities. outdoor facilities. and numerous MEDICAL FACILITIES: minutes to • MEDICAL FACILITIES:1010 minutes Grey Nuns Hospital. ServedServed by Edmonton to Grey Nuns Hospital. by Ambulance. Ambulance. Edmonton
Coloniale Estates In Beaumont. Distinctive Homes In A Golf Club Setting.
PATHWAYS: Approximately 170 • PARKS & PATHWAYS: Approximately acresacres of parkland & km of&inter-connected 170 of parkland km of interwalkways. walkways. connected
There is something to enjoy about Coloniale Estates every day. It is the kind of place where neighbours become friends and kids have plenty of opportunity to run and play. This is an exclusive golf club community with favourable pricing that is hard to find in golf course communities.
•17 MINUTES MINUTES TO •17 TOTHE THEAIRPORT AIRPORT
Come visit us and Come and discover discoverwhy why
“Life “Life is is Better Better in in Beaumont” Beaumont”
In Coloniale Estates you’ll find great park spaces where neighbours can gather and enjoy each other’s company, walking/biking trails for short after-dinner strolls or energetic bike rides. In winter those trails function as cross country skiing opportunities. ThereESTATES are 5 schools in4and around ROYAL OAKS ROYAL OAKS 1 COLONIALE COLONIALE ESTATES DEVELOPER: Cancom Development DEVELOPER: Cancom DEVELOPER: ARW Corp. school DEVELOPER: ARW Development Development Beaumont, serving elementary and high students. BUILDERS: Konark Homes, Development BUILDERS: Mattamy Homes Corp. There are superb recreational facilities and BUILDERS: Mattamy Homes Cancom Homes, InfinitiHomes, Homes, Open BUILDERS: Konark LOCATION: 50 St. & Coloniale Way all around LOCATION: 50 St. & Coloniale Way LOCATION: From Beaumont: Cancom Homes, Infiniti Homes, shopping at the Montalet Mall, The Edmonton International West Openon Township Road 510 to DANSEREAU MEADOWS Airport and2 Grey Nuns Hospital are 15 minutes away.(followBeaumont: 2 the DANSEREAU East Vistas Blvd.From signs) LOCATION: DEVELOPER: UnitedMEADOWS Communities DEVELOPER: United Communities BUILDERS: Caliber Master Builder,
From SouthRoad on 101 St.to West Edmonton: on Township 510
LOCATION: It is located on the
Homes
for more information informationcall call 780-929-8782 780-929-8782 The Showhome, Coloniale Estates, Edmonton our website or Hickory visit our website at at town.beaumont.ab.ca town.beaumont.ab.ca
6 TRIOMPHE TRIOMPHE IN INBEAUMONT DEVELOPER: MLC Group BEAUMONT
BUILDERS: Trend Homes, Connect DEVELOPER: MLC Group Homes, Active Homes, Areo Homes BUILDERS: Trend Homes, Active LOCATION: 44th Avenue & Triomphe Homes, Pacesetter Homes, ChaCha Blvd Homes LOCATION: 44th Avenue & Triomphe Blvd
The homes are all Detached Single Family Homes withBlvd. 2-Car BUILDERS: Caliber Master Builder, to Township Road 510, east signs) on Township East Vistas (follow Landmark Communities, Pacesetter Landmark Communities, Pacesetter Road 510 to East Blvd.on (follow From Edmonton: South 101 St. Homes or 3-Car Tandem Garages, ranging in size from 1,480 Sq.Vistas Ft. Homes signs) to Township Road 510, east on LOCATION: West on 50th Street at Rue to 2,681 Sq. Ft. Many of theonexterior designs are LOCATION: West 50th Street at Township Road 510 to East Vistas Montalet (follow the signs) unique to thisRue community andthe reflect Montalet (follow signs) Mattamy’s 5 EAGLEMONT Blvd. (follow signs)IN The Hickory Showhome, Coloniale Estates, Edmonton 3 RUISSEAU ability to provide a variety of designs to make BEAUMONT 3 DEVELOPER: RUISSEAUQualico Communities MLC Group 5 DEVELOPER: EAGLEMONT IN each street more interesting. Special features BUILDERS: DEVELOPER: Qualico Lenaco Homes, Active BEAUMONT BUILDERS: Look Homes Master Builder Communities Jaya Homes, DEVELOPER: MLCGolden GroupWest Homes Connect Homes such as front and porches also elevate the sense Homes, BUILDERS: It Look Homes Master LOCATION: Ave Homes, & Rue Eaglemont BUILDERS: 50th Lenaco Active LOCATION: is located on the south of friendlinessside inofthe community. Builder and Homes, Jaya Homes, Mill Street 50th aveConnect at 66st. Homes
You Can Be Here In of Minutes And south side 50th ave at 66st.You Can LOCATION: 50th Ave & Rue Eaglemont Live Here Right Now. In Coloniale Estates, Mattamy has a selection of Quick Possession Homes ready for sale so you and your family can live here sooner rather than later.
10/12/14 e: e: 10/12/14
New Home Home Guide Guide n: n: New
300 PI: PI: 300
27/11/2014 –– KN KN lt: t: 27/11/2014
If golf course community living has been part of your vision of a dream home, then now is the time to come to Beaumont and visit the Coloniale Estates Sales Centre. You’ll find everything that you expected from a golf course community except for one thing: high prices. All Mattamy homes also come with two trees and fully sodded yards, so the neighourhood is green not brown. You’ll find that Mattamy builds homes that are worthy of your family memories.
The The Walnut Walnut Showhome, Showhome, Coloniale Coloniale Estates Estates
Great Great Community Community Features Features for for
ALL SEASONS
MATTAMY HOMES
From From 11 Home Home in in 1972 1972 to to 70,000 70,000 Homes Homes Now Now
The The master master community community plan plan allows allows for for gathering gathering
Mattamy Mattamy Homes Homes is is Canada’s Canada’s largest largest new new home home builder builder
spaces spaces where where neighbours neighbours can can enjoy enjoy each each other’s other’s
and and is is well-established well-established in in The The Greater Greater Toronto Toronto Area, Area,
TEDMONTON_1018445_NHG TEDMONTON_1018445_NHG Annual_3FP_Mag.indd 3short company. company.Annual_3FP_Mag.indd The The walking/biking walking/biking trails trails allow allow for for3 short
Ottawa, Ottawa, Calgary Calgary and and throughout throughout the the United United States States in in
The Walnut Showhome, Coloniale Estates, Edmonton
For information on all Mattamy communities, visit: mattamyhomes.com Sales Centre Hours: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm Sales Centre: 274 Reichert Drive, AB, Beaumont, T4X 0B9 Phone: 780-929-1111 Email: sls_beaumont@mattamycorp.com 59 31
2014-11-13 2014-11-13 1:12 1:12 PM PM
Advice | MORTGAGE ADVICE
What the new mortgage rules mean for Canadians home price is $454,976 in Canada, it’s $630,876 in Toronto and $947,334 in Vancouver, according to the Canadian Real Estate Association. Although the changes are meant to slow two of the country’s hottest real estate markets, the rules will apply across Canada. The changes will apply to new mortgage loans where a mortgage insurance application is received on Feb. 15, 2016 or later. First-time homebuyers who planned on making a five-per-cent down payment on a property that costs between $500,000 and $1 million will be affected the most. That could lead them to do one of the following:
By Alyssa Richard
IF YOU INTEND on buying a property in the future, you may need to come up with a larger down payment because of recently announced new mortgage rules. In early December, Finance Minister Bill Morneau announced changes to the mortgage rules. Starting Feb. 15, 2016, there will be extra down payment requirements for properties costing between $500,000 and $1 million. The current five per cent minimum down payment for the first $500,000 will stay the same, but there’ll be a 10 per cent minimum down payment for the portion of the home price above $500,000. For example, someone buying an $800,000 property would need to make a down payment of five per cent on the first $500,000 ($25,000) and 10 per cent on the remaining $300,000 ($30,000). That would be equal to a total down payment of $55,000, or 6.9 per cent of the total purchase price or an increase of $15,000. The five per cent minimum down payment for properties up
MORE ADVICE ONLINE ypnexthome.ca/news/advice
to $500,000 and the 20 per cent minimum down payment for properties above $1 million both remain unchanged. And Canadians who currently have a mortgage will not be affected. The changes are aimed at slowing the housing markets in Vancouver and Toronto. While the average
Existing eligibility rules
Eligibility rules as of Feb. 15, 2016
Home purchase price
Minimum down payment percentage
Minimum down payment amount
Minimum down payment percentage
Minimum down payment amount
Under $500,000 $600,000 $700,000 $800,000 $900,000 $999,000 $1 million and up
5% 5% 5% 5% 5% 5%
Up to $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $200,000 and up
5% 5.8% 6.4% 6.9% 7.2% 7.5%
Up to $25,000 $35,000 $45,000 $55,000 $65,000 $75,000 $200,000 and up
32 YPNEXTHOME.CA
20%
20%
» Purchase before the new rules come into effect on Feb. 15 » Delay their purchase until they’ve saved the additional funds » Come up with the additional down payment through a gift from family » Buy a property under $500,000, which could mean they’d buy a condo instead of a house (in certain markets) The new rule changes are the latest in a series of moves since 2008 that have attempted to slow down the housing market. Some of the changes include decreasing the maximum amortization for insured mortgages to 25 years, increasing the minimum down payment from zero to five per cent, and raising the minimum down payment on investment properties from zero to 20 per cent. Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
BEAUMONT
• LOCATED: LOCATED: 20 of of 20km kmsouth south Edmonton onon Hwy 2 2 Edmonton Hwy
45 St.
Telford Lake
Black Gold Dr.
3 Rollyview Rd.
Hi gh wa y2 A
5 2
To Calgary
42 St.
QE II
4
• SCHOOLS: SCHOOLS: 77Elementary, 2 Junior Elementary, 2 & Senior&high. Public, Private Junior Senior high. Public, & Separate school systems. Private & Separate school sys• tems. GROCERY: Variety of shopping.
C.W. Gaetz Drive
42 Ave.
1
Coady Blvd.
Alton Dr.
Grant MacEwan Boulevard
Hwy 60
50 Ave.
8
1
gage can t rates. eowners s could ng a of e recently
• POPULATION: POPULATION: 17,000 and growing 17,000 and grow“Small city” living of ing “Small city” within living minutes within min“Big city” amenities. utes of “Big city” amenities.
44 St.
50 St.
Calmar
St. 50
leduc
7
AREA AREA INFO INFO
6
To Wetaskiwin
1 MEADOWVIEW MEADOWVIEW
DEVELOPER: Qualico QualicoCommunities Communities BUILDERS: Tristate Homes, TristateSignature Signature Homes Santos, Connect Homes and Homes,byHomes by Santos, Connect Victory HomesHomes and Victory Homes LOCATION: Coady CoadyBlvd Blvd& & Meadowview Blvd. Meadowview Blvd. Showhomes Coming SoonSoon Showhomes Coming
rm. Bank of nding
2 TRIBUTE TRIBUTE
er cent Stephen cent it chard, made in dians l prices
5 SOUTHFORK SOUTHFORK
DEVELOPER: Tamani TamaniCommunities Communities BUILDERS: Dolce Homes DolceVita VitaHomes, Homes, by Avi, Innovations by Jayman, Jayman Homes by Avi, Innovations by MasterBUILT Jayman, Jayman MasterBUILT LOCATION: Highway Street Highway2A 2A&&50th 50th Street
3 WINDROSE DEVELOPER: Maclab Enterprises 3 WINDROSE
tgages control With a ’s low the nimize or their
4 4
a variety your mely
BUILDERS: Bengel Custom Homes, Corona DEVELOPER: Maclab Enterprises Custom Projects, Cornerbrook BUILDERS: Bengel CustomCustom Homes, Jacob’ s Construction, McLean and Homes, Corona Custom Projects, McLean CustomCustom Homes Homes, Jacob’s Cornerbrook LOCATION: Exit at 50 Ave offMcLean Highway Construction, McLean and 2, proceedHomes west, then go south on RR 253 Custom to Windrose Exit at 50 Ave off LOCATION: Highway 2, proceed west, then SUNTREE go south on Grant MacEwan DEVELOPER: Enterprises Boulevard toMaclab Windrose BUILDERS: Cranston Homes, Areo Homes, Cobblestone Master Builder, SUNTREE Caliber MasterMaclab Builder, Trend Homes, DEVELOPER: Enterprises Triumph Homes BUILDERS: Cranston Homes, LOCATION: Grant MacEwan Boulevard Areo Homes, Caliber Master & SuntreeHomes Promenade Builder, by Sher-Built, Triumph Homes LOCATION: Grant MacEwan Boulevard & Suntree Promenade
•• GROCERY: Variety of shopping. RECREATIONAL FACILITIES: Recreation & Culture Centre, • RECREATIONAL FACILITIES: Performing Arts Centre, 18 hole Golf Recreation & Culture Centre, Course & Public Performing ArtsLibrary. Centre, 18 hole Course & Public Library. • Golf MEDICAL FACILITIES: Full Service
CommunityFACILITIES: Hospital and Full • MEDICAL Full Ambulance Service. Service Community Hospital and Ambulance Service. • Full PARKS & PATHWAYS: 27 parks
including&Telford Lake, Fred • PARKS PATHWAYS: 27John’s parks Park & Lions Campground. including Telford Lake, Fred John’s Park & Lions Campground.
6 ROBINSON Beaverbrook 6 DEVELOPER: ROBINSON
Developments DEVELOPER: Beaverbrook BUILDERS: Bedrock Homes, Dolce Developments Vita Homes,Bedrock Homes byHomes, Sher-Bilt, BUILDERS: Dolce Connect HomesHomes by Sher-Bilt, Vita Homes, LOCATION: South of Rolly View Road Connect Homes on C.W. Gaetz Driveof Rolly View LOCATION: South Road on C.W. Gaetz Drive
DEVELOPER: Qualico QualicoCommunities Communities BUILDERS: Tristate Homes TristateSignature Signature LOCATION: Dunlop Wynd & Homes Caledonia Dr.Dunlop Wynd & LOCATION: Caledonia Dr.
7 BRIDGEPORT Melcor Developments Ltd. 7 DEVELOPER: BRIDGEPORT
8 8
BUILDERS: Construction Ltd., DEVELOPER:Santos Melcor Developments Encore Ltd. Master Builder, McLean & McLean Custom Homes Ltd.,Western BUILDERS: Santos Construction Living Homes Master Builder, Ltd., Encore LOCATION: Take 50Custom Ave, turnHomes right on McLean & McLean Bridgeport Crossing Ltd.,Western Living Homes LOCATION: Take 50 Ave, turn right WEST HAVEN PARK on Bridgeport Crossing DEVELOPER: Melcor Developments Ltd. BUILDERS:HAVEN Encore Master BuilderSantos WEST PARK Construction Ltd.,Homexx Corporation DEVELOPER: Melcor Developments LOCATION: West on 50th Ave, South on Ltd. West HavenEncore Boulevard BUILDERS: Master BuilderSantos Construction Ltd.,Homexx Corporation LOCATION: West on 50th Ave, South on West Haven Boulevard
THE CITY CITY OF LEDUC, THE LEDUC,
a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion.
“A place to to “A great place call home!” call home!”
For For more information contact more information The The City City of Leduc at at contact of Leduc 780-980-7177
(three or a
ears) o years) will be at it xed rate
The grass will be greener, just like your wallet. 34
leduc
IN
Highway 39 To Calmar
4
6 2
7
southeast
leduc
8
5
1 MAPLERIDGE & OAKRIDGE COMMUNITIES
5 MAPLE CREST
4 LAUREL CROSSING
6 WILLOW HAVEN
DEVELOPER: Maple Ridge & Oak Ridge Communities BUILDERS: Country Hills Homes LOCATION: 17 Street between Sherwood Park Freeway and Whitemud Drive DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, Landmark Homes, Tristate Signature Homes LOCATION:34 Street & 16A Avenue
61
DEVELOPER: Dream Unlimited Corp. BUILDERS: Homes by Avi, Coventry Homes, Crystal Creek Homes, Landmark Legacy, Landmark Essentials, Bedrock Homes LOCATION: Maple Road (38th Avenue NW) and 8th Street DEVELOPER: CarringtonLand BUILDERS: Bedrock Homes LOCATION: 5624 7th Ave SW.
7 TAMARACK COMMON
8 LAUREL GREEN
DEVELOPER: Dream Unlimited Corp. BUILDERS: Homes by Avi, Lincolnberg Master Builder, Landmark Legacy, Urban Luxury Homes, Laurel Green, Landmark Communities LOCATION: South of 23 Avenue on 24 Street
9 LARKSPUR LANDING
DEVELOPER: Rohit Communities BUILDERS: Rohit Communities LOCATION: 2845 - 43rd Avenue NW Edmonton
DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, & Parkwood Master Builder LOCATION: 17 Street and 23 Avenue, south of Millcreek Nursery
35
SOUTHEAST
SOUTHEAST
Welcome to 2016
Intelligence House is beginning the new year with a
That said, the net economic outcome of 2016’s labour market (real GDP) is expected to outpace 2015 levels, which will encourage stronger household income growth. In turn, annual resale housing transactions in the province are expected to reach similar levels as experienced in 2015, keeping housing prices in this market marginally higher on average.
general review of how economic experts expect key provincial indicators to perform throughout 2016. For this exercise, we’ve studied the comprehensive survey of provincial outlooks published by the Alberta Treasury Board and Finance, in conjunction with their most recent provincial budget, as well as the Canada Mortgage and Housing Corporation’s winter outlook for Alberta’s
Provincial new housing starts are, however, expected to contract as the market for new homes focuses more on selling current constructing inventory. This will help relieve any downward price pressure that might otherwise occur if the level of unsold completed new homes were to increase.
housing market. In general, today’s provincial outlooks call for moderate economic performance under the expectation that the price of oil will average marginally higher in 2016 by comparison to those experienced prior to 2015. This
The table below provides a summary of the forecasts reviewed in the above interpretation.
expectation is different from the general expectation issued last January when many economists assumed oil prices would grow consistently throughout 2015
Intelligence House reminds the reader that this outlook is for the province as a whole, and does not apply to every provincial community equally – as some communities are poised to perform much better than others by a similar analysis.
and 2016. With this new scenario, a new reality has set in and the expectation for Alberta’s labour markets and corresponding net migration levels in 2016 are in general, moderate.
Alberta Economic Outlook Summary for 2016 2016 f
2014
2015 (est)
2016 f
(Low to High)
*West Texas Intermediate Oil $US
$96
$50
$57*
$54 - $75
*Alberta Real GDP Growth
4.8
-1
1.5*
0.9 - 1.4
*Employment Growth
2.2
1
0.5*
0.1 - 1.1
*Unemployment Rate
4.7
5.7
5.7*
5.3 - 6.5
*Primary Household Income Growth
6.8
2.5
2.8*
3.1 - 3.8
Net Migration (June - June)
42
23.4
27.2*
na
Resale Housing Transactions
71,733
57,500
58,600**
na
5.2
-2.6
0.4**
na
New Housing Starts
Resale Housing Price Growth
40,590
37,200
29,800**
na
Year-End Housing Units Under Construction
33,706
33,141
na
na
*Alberta Treasury Board and Finance Average and Range of Outlook Survey (Oct 2015) **CMHC Housing Market Outlook for Canadian Prairie Regions (Nov 2015).
Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales / leasing services for the real estate industry.
intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk
FOLLOW US ON
SOUTHEAST
writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email wayne.karl@ ypnexthome.ca or follow him on Twitter atTwitter. com/WayneKarl
find the ou love.
13 -8532
om
40
Who and what to believe? 3
2
Granada
.
» by WAYNE KARL For homeowners, when someone says your home is drastically overvalued, naturally, you worry. If you’re a Whitemud Dr. Highway 628 prospective homebuyer, such news might cause you to delay your purchase. That’s the power of housing valuations. The problem is, who and what to believe?
1 ASPEN TRAILS/EMERALD 3 LAKELAND RIDGE ASPEN TRAILS/EMERALD LAKELAND RIDGE Here are some recent examples of Canada’s housing valuations, DEVELOPER: HILLS Genstar Development DEVELOPER: Genstar Development Co. Co. HILLS
4 SUMMERWOOD
DEVELOPER: Qualico Communities
DEVELOPER: Genstar Development BUILDERS:Landmark Landmark Homes, Rohit from a variety of sources: BUILDERS: Jayman MasterBUILT, DEVELOPER: Genstar Development Co. BUILDERS: Homes, Rohit Co. Communities, Pacesetter Homes, Rohit BUILDERS: Coventryovervalued Homes, Parkby Royal Communities, Deutsche Bank: 60 per cent BUILDERS: Coventry Homes, Park LOCATION:Lakeland Lakeland Drive & Communities, Open Homes, Landmark Homes, Christensen LOCATION: Drive & Campbell Rd. Bank Canada: overvalued by 30 per cent Royal of Homes, Landmark Homes, Campbell Rd. LOCATION: East of Clover Bar Rd. Developments, Rohit Communities, Christensen Rohit North of that Baseline Rd. on Lakeland Dr. Homes by Avi,Developments, Marcson Homes, Daytona report reminds everyone housing International Monetary Fund: overvalued by 11 per cent Communities, Homes by Avi, 4 SUMMERWOOD markets must be assessed on a micro Homes Master Builder TD Bank: overvalued by 11 per cent Marcson Homes, Daytona DEVELOPER: Qualico Communities LOCATION: Lakeland Drive & Homes Aspen level, not wide-swathing national Canadian housing economist Will Dunning: undervalued Master Builder BUILDERS: Jayman MasterBUILT, Trail LOCATION: Lakeland Drive & Pacesetter Homes, Rohit viewpoints. Canada’s most expensive by nine per cent Aspen Trail Communities, Open 2 ARDROSSAN HEIGHTS LOCATION: East of Clovermarket, Bar Rd. Vancouver, earned a “low risk,” DEVELOPER: Strata Developments while Toronto, the other market such Open a wide HEIGHTS variance in valuations, and using differingRd. on Lakeland North of Baseline Dr. 2 With ARDROSSAN BUILDERS: DEVELOPER: Strata Developments LOCATION:who 4 miles of Sherwood often mentioned in conversations measures, to east believe, indeed? BUILDERS: Open Park on Baseline Road North at RR 824 about overvaluation, was ranked as “Far tooNEW many foreign LOCATION: 4 miles east ofeconomists try to make overly to Ardrossan LOTS COMING Sherwood Park on Baseline “moderate risk.” simplifi aboutRoad foreign housing markets they don’t SOON! ed statements North at RR enough 824 to Ardrossan NEW “From a pure economic theory understand about,” Calum Ross, mortgage broker and LOTS COMING SOON! standpoint, when interest rates are low, real estate investor, told New Home Guide. then real asset prices will go up,” says “Above and beyond the traditional measures, there are a number of less tangible measures, such as the stability of social, Ross. “Real estate is one of the most interest-rate-sensitive sectors of the political and economic systems at the federal, provincial and global economy. When it comes to municipal level. mortgages, what we know is that people “Canada represents one of single largest countries in the have a tendency to buy payments and world and going from coast to coast, Canada is home to a very be less concerned with total debt. The diverse group of people with local economics that are vastly lower interest rates and longer different,” Ross says. “Saying there is a Canadian housing amortizations allow for lower payment market is no less ridiculous than saying there is ‘Canadian and as long as payments stay affordable temperature.’” – many people won’t get caught up with Thankfully, Canada Mortgage and Housing Corp. the sticker shock of more expensive real (CMHC) added some context recently in its House Price estate prices.” Analysis and Assessment (editor’s note: for more information, So, who to believe, next time you see flip to page 56), which provided a market-by-market snapshot a report on Canada’s housing valuations? by Canada’s larger centres. The report attached a risk level Well, a Canadian source such as CMHC – low, moderate or high – for the major cities, using risk factors is a good start. Otherwise, as experts of overheating, acceleration in house prices, overvaluation and stress, remember to look at your overbuilding. individual market for a clearer With Regina and Winnipeg, of all places, being the indication, not the national assessment. only major centres earning “high risk” assessments, CMHC’s
sherwood park
t 24 hours in your nens, soap, alarm s, phone chargers, oney. rvival items are van last or cle with you. be fully prepared WAYNE KARL is an award-winning home.
47
1
vd
tic garbage bags, s and cups, a r. Remember a nd pertinent need, such as both ends of the real estate agent, ny. You’ll also
Lakeland Dr.
B
g day
HOUSING VALUATIONS
Bl
sherwood park
//FUNDAMENTALLY SPEAKING
1 5
1 SOUTHPOINTE SOUTHPOINTE
2 2
3 3 4 4
DEVELOPER: MLC Group Group Active Homes, Impact Homes, BUILDERS: Active Homes, Impact Rosecroft Rosecroft Custom Homes Homes, Custom Homes, LOCATION: Homes, Junction of Hwy. 21 and Pacesetter Hwy. 15 on Homes 94 Street New Vibe LOCATION: Junction of Hwy. 21 and SOUTHFORT RIDGE Hwy. 15 on 94 Street DEVELOPER: Strata Developments BUILDERS: Anez Homes, Bold Homes, BR SOUTHFORT RIDGE Homes, CMK Homes, Glenora Homes, DEVELOPER: Strata Developments Homes By Sidney, Built Homes, BUILDERS: Anez Thomsen Homes, Bold LOCATION: Southfort Blvd & Ridgeland CMK Homes, Glenora Homes, Integra Way Homes, Made Properties, Thomsen Built, Tristate Homes SOUTHFORT MEADOWS LOCATION: Southfort Blvd & Ridgeland DEVELOPER: Strata Developments Way BUILDERS: Landover Homes, Stoneridge Homes MEADOWS SOUTHFORT LOCATION: Drive & DEVELOPER:Southfort Strata Developments Meadowview Drive Homes, Landover BUILDERS: Cona Homes, Remley Homes, Stoneridge SOUTHFORT ESTATES Homes DEVELOPER: Strata Developments LOCATION: Southfort Drive & BUILDERS: Open to public Meadowview Drive LOCATION: Southfort Drive & Greenfield Way SOUTHFORT ESTATES DEVELOPER: Strata Developments BUILDERS: Open to public LOCATION: Southfort Drive & Greenfield Way Lots open to the public
51
4
2
7
3
5 FOREST FOREST RIDGE RIDGEIN IN WEST WEST PARK PARK
DEVELOPER: Qualico QualicoCommunities Communities Pacesetter Homes, Connect Homes BUILDERS: Pacesetter Homes, Connect Homes by Santos, Victory Homes, Open Homes LOCATION: WestparkVictory Drive &Homes, Open Homes by Santos, Cranberry Bend LOCATION: Westpark Drive & Cranberry Bend
6 WEST WOODLANDS DEVELOPER: Strata Developments 6 WEST WOODLANDS 7 7
BUILDERS: Ingram Homes, Open DEVELOPER: StrataCustom Developments LOCATION:Ingram 55 St. & Custom Sunset cres. Bruderheim BUILDERS: Homes, Open LOCATION: 55 St. & Sunset cres. SIENNA Bruderheim DEVELOPER: Qualico Communities BUILDERS: SIENNASterling Homes, Rohit Communities, DEVELOPER: Qualico Communities LOCATION:Sterling 94 St. & Homes, Sienna Blvd. BUILDERS: Rohit Communities, LOCATION: 94 St. & Sienna Blvd.
AREA AREA INFO INFO • POPULATION: POPULATION: Over Over 18,653 18,653 • LOCATED: LOCATED: Adjacent to to thethe Adjacent northeast boundary of the northeast boundary of the provincial capital, thethe CityCity of of provincial capital, Edmonton-15 minutes close.close. Edmonton-15 minutes • SCHOOLS: SCHOOLS: 66Public Public Schools, 3 3Separate Schools, Schools, Separate 1 Christian1 School. Schools, Christian School. • GROCERY: GROCERY: Sobey’s Station Sobey’s Station Square, Canada Safeway, Square, Canada Safeway, No Frills. • RECREATION RECREATION && CULTURE CULTURE FACILITIES: FACILITIES: Dow Dow Centennial Centre, Centennial Centre, Tennis Tennis courts, campground, courts, campground, baseball diamonds, golf golf baseball diamonds, course, indoor pool, outdoor course, indoor pool, ice rinks (2), outdoor icecurling rinks rink, (2), 3 arenas, rink, indoor3 soccer, arenas, curling gymnasium, fitness centre, indoor soccer, gymnasium, performing arts theatre, visual fitness centre, performing arts gallery, pottery studio. arts theatre, visual arts pottery studio. • gallery, MEDICAL FACILITIES: New Hospital Opening in • MEDICAL FACILITIES: 2012, Hospital 5 Medical Opening Clinics. in New Medical Clinics. • 2012, PARKS5 & PATHWAYS: 360 hectares of park/ • PARKS & PATHWAYS: recreational/ natural land 360 hectares of park/ with 30 kilometres of paved recreational/ natural land trails for running, with 30 walking, kilometres of paved biking,for rollerblading trails walking, and running, cross-country skiing. and biking, rollerblading cross-country skiing.
A quiet, friendly, family oriented community. A quiet, friendly, “Life is good family oriented here!” community. For more “Life is good information contact here!” Jasmine Zebic For more 780-992-6408 information contact or visit our website Jasmine Zebic or at www.fortsask.ca email: jzebic@fortsask.ca 780-992-6408
fort saskatchewan saskatchewan
d. d Dr.
sherwood park
ies T,
6
or visit our website at www.fortsask.ca or email: jzebic@fortsask.ca
47 41
SIMPLY ACCESSIBLE • SIMPLY AFFORDABLE • SIMPLY AMAZING
VITA is a modern community designed to match your busy lifestyle. A place where putting down roots feels right, and spending quality time with family and friends comes easily. Some call it affordable luxury. We call it VITA. Choices should always be this simple. LiveatVita.com
REAR-LANED HOMES FROM THE
$320's Showhomes 7667 - 181 Avenue
187 Ave. Bon Accord 1/9 Gibbons
3 50 St.
7 8
2
14
DEVELOPER: Ranger Realty BUILDERS: Urbanity Custom Homes, Open LOCATION: 147 Avenue and 14 street
To Fort Saskatchewan
6
5
4
167 Ave.
66 St.
. 10 Ave 144
ve. 137 A
82 St.
132 Ave.
Fo rt Rd .
137 Ave.
129 Ave.
118 Ave.
Yel Hermit low age hea dT rail
1 CRYSTALLINA NERA
DEVELOPER: Genstar Development Co. BUILDERS: Pacesetter Homes, Park Royal Homes, Daytona Homes Master Builder, Ironstone Home Builders LOCATION: 82 Street & 180 Avenue
2 McCONACHIE STAGE 7
DEVELOPER: Ranger Realty BUILDERS: Bethpage Construction Corp, Sangam Homes Ltd, Sha-Ture Homes Inc., White Eagle Homes LOCATION: 167C Ave and 59-60 Street
4 CY BECKER
DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Daytona Homes Master Builder, Rohit Communities LOCATION: Manning Fwy & 167 Avenue
5 VILLAGE AT SCHONSEE
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, Hopewell Residential, Morrison Homes, Royal West Homes, Carlisle Group LOCATION: 167 Avenue & McConachie Way
1 St.
151 Ave.11 13
DEVELOPER: Rohit Communities BUILDERS: Rohit Communities LOCATION: 5203 149 Avenue NW
Tr. Victoria
97 St.
144 Av e.
12
12 CASSELMAN LANDING
20 St.
34 St.
167 Ave.
. Ave 153
Hoo ke Rd
northeast
11 FRASER RIVER PARK
13 FRASER VISTA
1
7 COLLEGE WOODS AT LAKEVIEW
DEVELOPER: College Woods Development Inc. BUILDERS: Entity Homes, Prominent Homes Ltd, Sehra Homes LOCATION: 89 Street and 181 Avenue
8 THE TERRACE AT SCHONSEE
DEVELOPER: Brookfield Residential BUILDERS: Jayman MasterBUILT, Coventry Homes, Sterling Homes, City Homes LOCATION: North of 167 Avenue on 71st Street
DEVELOPER: G3 Development Services Inc / Lamont Land Inc BUILDERS: Bedrock Homes, Prominent Homes LOCATION: Fraser Vista is located in the Fraser Community, north on Victoria Trail and east on 153 approx.
14 SOLSTICE AT MCCONACHIE
DEVELOPER: Brookfield Residential BUILDERS: City Homes, Morrison Homes LOCATION: 167 Avenue and McConachie Boulevard
9 VITA CRYSTALLINA NERA
DEVELOPER: Walton Developments BUILDERS: Morrison Homes, Hopewell Residential, Homexx Homes LOCATION: north on 82nd street and 180th Avenue
10 MANNING VILLAGE
DEVELOPER: Cameron Communities BUILDERS: Cameron Homes, Dolce Vita Homes, Lincolnberg Homes, Sterling Homes LOCATION: Manning Drive and 153 Avenue
  43
Playgrounds
Pathways District Campus
Parks Shopping
Showhome Review | THE ARLINGTON
The Arlington MORRISON HOMES presents this beautiful showhome in McConachie
in northeast Edmonton. This two-storey home with double attached garage is elegant and stunning throughout. From the moment you arrive, you can see the attention to detail that Morrison Homes is known for. This 2,387-sq.-ft. home definitely has the “wow” factor. The front entrance is grand with an open concept floorplan and California knockdown ceilings. Immediately catching your eye are the white pillars that frame the open flex room. With nine-ft. ceilings on the main floor, this home has an open, bright and airy feel to it. The interior is modern yet classic with grey and white decor. Windows fill the rear walls of the home, and since they are large, they fill the space with lots of natural light. The entrance from the garage is designed to be efficient and convenient. A built-in bench makes for easy shoe removal. The walkthrough pantry makes putting away groceries faster than ever before. Frosted doors on both pantry entrances reflect the style and sophistication of this home. A pocket door connects the mudroom to the main hallway. The kitchen is a chef’s delight. With a modern hood fan, massive granite island with undermount deep sink, gleaming stainless steel
appliances and more, there’s lots of room to work amid these luxurious finishes. The flush eating bar on the island makes grabbing a quick bite easy and works so well as a buffet or serving station when entertaining. The cabinetry in the kitchen is a sleek grey and extends all the way up to the ceiling. Light fixtures are modern and fun, which accent the home beautifully. The eating nook could easily accommodate six to eight people for dining. A garden door provides access from the kitchen to the rear deck and backyard Leading from the kitchen into the great room your eye immediately draws to the gas fireplace with ceramic surrounding and a white wood …continued on page 46 JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 45
mantel, which is very structured and modern. This open concept plan makes it so easy to interact with family or friends in the great room while working in the kitchen. The main floor half bath is tucked away to ensure privacy but still easily accessible. An eye-catching feature of this space is the mirror above the sink that extends all the way to the ceiling. The unique lights and faucet really complement the space. Leading up to the second level is a graceful staircase with wrought iron spindles. Lovely plush 46窶ズPNEXTHOME.CA
…continued from page 61
carpets, flow up and throughout the second level. The landing at the top of the stairs leads to a spacious hallway. At the far end is the sunken bonus room. With a nine-ft. ceiling, lots of windows and plenty of space, this is a great area for a playroom, games room or family movie night. The laundry room is a room in itself – with enough room to do all your laundry chores, from washing to ironing to folding. There is even a built-in table bench with shelving. The master bedroom will make you feel like royalty. With enough room for a kingsize bed and large
windows, this could become a true retreat. The spa inspired ensuite is beautiful and serene with a soaker tub surrounded by ceramic tile. A glass enclosed oversize shower is separate from the bath. Double sinks with granite countertops again reflects the style of this home. Located just off the ensuite is the large walk in closet that could even double as a dressing room. The main bathroom a good size and features a tub/ shower combo plus granite countertops and built in shelving for towels and accessories. The second and third bedrooms are both excellent sizes with large windows and walk in closets. The basement is unfinished, but leading to the downstairs is carpet and the beautiful white wood railings and trim. This beautiful Home designed and built by Morrison Homes is a must see with home prices in the area starting in the $415,000 to $420,000 range. View this show home at 17831-61 Street NW in McConachie. JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 47
NORTHWEST
BU O ILT UR A GR HO LL O EE ME F N S CE A RT RE IF IE
D!
YOUR NEW HOME FOOTPRINT CAN BE AS GREEN AS YOU WANT IT...
NEW SHOWHOME
NOW OPEN! Come see us at
2249 Blue Jay Landing NW
STARLING AT BIG LAKE
3:30 pm to 8:00 pm Mon- Thursday, 12:00 pm to 5:00 pm Weekends & Holidays
IF YOU CAN DREAM IT
WE CAN BUILD IT Ph. (780) 497-1288 Fax (780) 985-2100
www.greenlivinghomes.ca
Built Green (20/3)-/cb
48窶ズPNEXTHOME.CA
rT ra
170 St.
112 St.
162 Ave. 153 Ave.
132 Ave. 127 Ave.
1 CASTLEBROOK CASTLEBROOK MEADOWS DEVELOPER: Concept Realty MEADOWS 2 CASTLEBROOK DEVELOPER: Canterra 2 CASTLEBROOK
3 HAWKS RIDGE AT BIG 3 LAKE HAWKS RIDGE AT BIG DEVELOPER: Walton Development LAKE
and ManagmentWalton L.P DEVELOPER: BUILDERS: Sabaland Homes, Montorio Development Managment Homes, Morrison Homes, Reid Built L.P Homes BUILDERS: Hopewell Residential, LOCATION: North ofMorrison Yellowhead Trail Montorio Homes, on 215 Street Homes, Reid Built Homes LOCATION: North of Yellowhead Trail on 215 Street
5 5
8 9
109 St.
Groat Rd.
Kin gs wa yA ve. 111 Ave.
4 VILLAGE VILLAGE AT AT GRIESBACH GRIESBACH
BUILDERS: Concept Homes DEVELOPER: Concept Realty LOCATION: 179 Ave. &Homes 104 St. BUILDERS: Concept LOCATION: 179 Ave. & 104 St.
Developments Corp. DEVELOPER: Canterra BUILDERS: Open, Developments Corp. LOCATION: Open, 110 St. & 176 Ave. BUILDERS: LOCATION: 110 St. & 176 Ave.
142 St.
To Spruce Grove & Stony Plain
149 St.
118 Ave.
7 8
4
Yellowhead Trail 156 St.
184 St.
Anthony Henday Dr.
7
il Tra ert Alb St.
5 1113
12 135 St.
137 Ave.
121 St.
il
7
97 St.
sie
113A St.
es
127 St.
M
6
167 Ave.
124 St.
k
176 Ave. 1 10 2 171 Ave. 139 St.
ar
An th on yH en da yD r.
215 St.(Winterburn Rd.) Ray Gibbon Dr.
Hwy 44
To St. Albert
3
M
195 Ave.
DEVELOPER: Lands DEVELOPER:Canada Canada Lands BUILDERS: ByBy Avi,Avi, Impact BUILDERS:Homes Homes Impact Homes, Homes, Dream Homes Homes,Coventry Coventry Homes, Dream By Krisner, Homes ByPacesetter Krisner, Homes, Pacesetter Slokker-West, Carrington Communities Homes, LOCATION: 137Carrington Avenue North On Slokker-West, 97 Street West on Griesbach Road Communities LOCATION: 137 Avenue North On TRUMPETER BIG LAKE 97 Street West onBY Griesbach Road DEVELOPER: United Communities BUILDERS: TRUMPETER BY BIG Estate LAKEHomes- Fekete Homes, Montorio Homes DEVELOPER: United Communities Classic Homes- Homes by Avi, BUILDERS: Sabal Homes, Montorio Homes, Estate HomesFekete Homes Sterling ClassicHomes Homes- Homes by Avi, DuplexHomes by AviMarco Antonio Montorio Homes, LOCATION: North on Anthony Henday Homes Drive, West at 137th 199 St. DuplexHomes byAve. Avi, and Montorio Homes Townhouses- Jaya Homes, Pacesetter Homes LOCATION: North on Anthony Henday Drive, West at 137th Ave. and 199 St.
10 10 11 11
DEVELOPER: Qualico Communities DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Pacesetter BUILDERS: Sterling Homes, Homes, Coventry Homes, Reid Built Homes, Pacesetter Homes, Coventry Homes, Landmark Tristate Signature Homes Reid BuiltHomes, Homes, Landmark Homes, LOCATION: 167 Avenue & 127th Street Tristate Signature Homes LOCATION: 167 Avenue & 127th MORNINGSIDE Street DEVELOPER: Reid Worldwide Corporation BUILDERS: Fekete Homes, Rococo Homes MORNINGSIDE LOCATION: backing Lois Hole DEVELOPER: Reid onto Worldwide Provincial Park at Big Lake Corporation BUILDERS: Fekete Homes, Rococo TUSCANY HILLS & Homes UPPER TUSCANY LOCATION: backing onto Lois Hole DEVELOPER: United Communities Provincial Park at Big Lake BUILDERS: OPEN LOCATION: North corner of TUSCANY HILLS &127th Street & 195 Avenue TUSCANY UPPER DEVELOPER: United Communities PALISADES BUILDERS: OPEN DEVELOPER: LOCATION: MLC NorthGroup corner of 127th BUILDERS: Bedrock Homes, Landmark Street & 195 Avenue Communities, Landmark Homes, Landmark Legacy LEGACY POINTE LOCATION: South of 167th Avenue & DEVELOPER: Concept Realty East of 139 Street BUILDERS: Concept Homes Master Builder LEGACY LOCATION:POINTE 18230 - 104A Ave.t DEVELOPER: Concept Realty BUILDERS: Concept Builder STARLING ATHomes BIGMaster LAKE LOCATION: 18230 - 104A DEVELOPER: Rohit LandAve.t Development STARLING AT BIG Homes, LAKE BUILDERS: Celebration DEVELOPER: Rohit Land Development C2 Homes, Green Living Homes, BUILDERS: Celebration Cameron Homes, Rohit Communities, C2 Homes, LivingHomes, Homes, Gill Rohit Homes, ArtGreen Custom Built Communities, Cameron Homes, Art Custom Homes Homes, Gill Built Homes LOCATION: North on Anthony LOCATION: North on Ray Anthony Henday Henday Drive, take Gibbons Drive, Drive,take Ray Gibbons Drive, left left on on137 137Ave Ave
northwest northwest
6 NEWCASTLE NEWCASTLE 8
12 HUDSON HUDSON PARK PARK
DEVELOPER: Beaverbrook Communities DEVELOPER: Beaverbrook BUILDERS: Dolce Vita Homes, Cameron Communities Homes BUILDERS: Dolce Vita Homes, LOCATION:Homes Just off 137 Ave & 141 St. Cameron LOCATION: Just off 137 Ave & 141 St.
13 STARLING LANDING DEVELOPER: Rohit Communities 13 STARLING LANDING
BUILDERS: Rohit Communities DEVELOPER: Rohit Communities LOCATION: Rohit 2405 Sparrow Crescent BUILDERS: Communities LOCATION: 2405 Sparrow Crescent
27 49
NORTHWEST
LOOKING FOR A NEW HOME? we can help!
Brand new name, same great app. Everything you need to know to buy or rent your next home.
DOWNLOAD THE APP
NORTHWEST
Featuring Classic Showhomes by Homes by Avi, Marco Antonio Homes and Montorio Homes; Estate Showhome by Fekete Homes; Duplex Showhomes by Homes by Avi and Montorio Homes; Townhouse Showhomes by Jaya Homes and Pacesetter Homes.
Ant Hen hony day Dr
21 5 Street
e owh Yell Trail
ad
N
NORTHWEST
You could win $25,000 for buying a townhome, duplex or single family home before April 15, 2016! Quick possessions available. Featuring homes from 7 of Edmonton’s leading builders.
NEW SHOWHOMES OPENING JANUARY 2016 Gill Built Homes • San Rufo Homes • Averton Homes • Art Custom Homes C2 Homes • Blackstone Homes • Rohit Communities
LEARN MORE! VISIT THE SHOWHOMES AT 137 AVE & RAY GIBBON DR For Contest Rules and Regulations Visit StarlingatBigLake.com/About/25000-Contest/
StarlingAtBigLake.com
WEST
DEVELOPER: Hopewell Residential Communities BUILDERS: Daytona Homes Master Builder, Innovations by Jayman, Jayman MasterBUILT, Prominent Homes, Hopewell Residential LOCATION: North of Whitemud Dr. on 215 Street
11 12
10 13
9
11 HENLEY HEIGHTS
6 355Ave.14 1
1 WOODHAVENEDGEMONT
DEVELOPER: Walton Development and Management LP BUILDERS: Montorio Homes, Coventry Homes, Hopewell Residential, Pacesetter Homes LOCATION: 215 Street and 35 Ave.
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 RIVER POINTE AT CAMERON HEIGHTS
DEVELOPER: Delta Square Properties Inc. BUILDERS: Habitat Studio, Vicky’s Homes, Heredity Homes, Areo Homes, Blackstone Homes, Homes by Managen, Open to the public. LOCATION: Take Anthony Henday turn on Cameron Heights Dr.
7
. on Dr er s m ht Ca eig H
5 EDGEMONT
Developer: Brookfield Residential BUILDERS: Brookfield Residential, Daytona Homes, Homes by Avi and Look Homes LOCATION: Lessard Road and 199 street, to Edgemont Way
6 EDGEMONT PLACE
DEVELOPER: Qualico Communities BUILDERS: Rohit Communities LOCATION: 20204 - 43 Ave.
7 CAMERON HEIGHTS
DEVELOPER: Cameron Heights Joint Venture BUILDERS: Canyon Spring Master Builder, Hillview Homes Master Builder, Landmark Homes, Darren’s Homes, Classic Landmark Homes, Pacesetter Homes, Kanvi Homes, Marcson Homes, Look Homes LOCATION: South on Anthony Henday to Cameron Heights Drive.
DEVELOPER: Walton Developments and Management BUILDERS: Crimson Cove, Bedrock Homes, Connect Homes, Homes by Avi LOCATION: located just west of the existing Secord Community
west
10 SECORD
12 STEWART GREENS
DEVELOPER: TROIKA BUILDERS: Daytona Homes, City Homes, Kirkland Homes LOCATION: It is bounded on the east by Anthony Henday Drive and on the north by Stony Plain Road
13 ROSENTHAL
DEVELOPER: Melcor Developments Ltd BUILDERS: Daytona Homes, Homes by Avi, Landmark Legacy Homes, Lincolnberg Homes, Dolce Vita Homes, Western Living Homes, Encore Master Builder, Look Master Builder, ReidBuilt Homes LOCATION: 215 Street and Whitemud
14 TIMBERIDGE AT EDGEMONT
DEVELOPER: Rohit Land Deveopment BUILDERS: Pacesetter Homes, Dolce Vita Homes, Rohit Communities LOCATION: Located at 199 Street and Elston Gate
9 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.
57
Neighbourhood Profile
Garneau New homes finding a place among the history By Amy Hancock
Fast facts Average household income
$61,266 Family structure
SINGLES
COUPLES
FAMILIES
51%
36%
13%
Own vs. rent
76%
MORE PHOTOS ONLINE
RENTERS
ypnexthome.ca/garneau
THE GARNEAU IS one of the oldest neighbourhoods in Edmonton and is named after homesteader Laurent Garneau. Historical buildings and heritage homes share the treelined streets with new highrise condominiums, walk-up apartments and 1950s houses.
door to a house of transient university students. Young professionals and families with children live among residences for seniors and persons with disabilities. The neighbourhood culture is one of acceptance, helpfulness, consideration and community.
Lifestyle Life in The Garneau is enriched by life’s simple pleasures – recreation and a strong sense of community. Sunday afternoons are spent on cafe patios enjoying creatively prepared food and drink among friends and neighbours. Joggers are often seen departing the neighbourhood and cyclists congregate outside the bike shop, or moms sipping espresso while watching their children roam the playground. Residents love The Garneau – and it shows.
In the area The Garneau is known for its fancy coffee shops, award-winning restaurants, obscure craft beer pubs and eclectic shops. Although happy hour might feature a bargain priced specials, expect to pay a little more at establishments here. Prices range from average to above average, but business owners in this neighbourhood have proved that you’ll always get what you pay for, and they rarely disappoint.
Meet the neighbours Part of what makes The Garneau such a vibrant community is its diversity. Expect to find people who have lived in The Garneau for decades next
Planes, trains & automobiles Pedestrians rule in The Garneau. Those who live and work here can easily walk to all amenities, including shops, healthcare and community centres. The LRT and
24% OWNERS
Education levels
64% UNIVERSITY
25% HIGH SCHOOL
COLLEGE
SOURCE: ENVIRONICS
major bus routes run through the neighbourhood, making Whyte Avenue, downtown and Edmonton’s booming south side easily accessible. Commuters will find their way home from downtown easily across the High Level Bridge.
The Good, the bad & the rest The Garneau melts into the university grounds, is walking distance to anywhere on campus and is close to the University of Alberta Hospital. The historic Garneau School, for kids in kindergarten through Grade 6, is equipped with a playground and sports field. The City Arts Centre on 84th avenue offers programs for all ages.
Amy is a freelance writer and communications professional. Her insights and extensive familiarity with Edmonton make her a great guide for getting to know local communities.
58 YPNEXTHOME.CA
11%
N
EW
WEST
K9
SC
H
STAGE 11 LOTS NOW AVAILABLE! NEW SHOW HOMES OPEN! Edmonton’s most popular and exciting Craftsman inspired community. Nestled on 305 acres in West Edmonton, Granville features plenty of green space and trails, 2 beautiful ponds, charming masonry features including an old world bridge, a future school site, numerous amenities nearby including Costco within walking distance, and convenient proximity to the Whitemud and Anthony Henday freeways. Choose from an apartment style luxury condo (starting in the $230’s), a duplex (starting in the $360’s), a single family home (starting in the $440’s), or a refined estate home (ranging from the $650’s to $1.5 million).
M S L W T , C C
COSTCO
• Some homes feature walkouts onto a beautiful pond or amenity space.
G
• Stage 8 and 10A single family lots selling fast.
SINGLE FAMILY SHOWHOMES
R .
ESTATE SHOWHOMES
STAFFORD GREENS
62
A
.
N
A H D .
DUPLEX SHOWHOMES
199 S . N
W R . (215 S . N )
E M A R C R
W D .
• Triple car garages available. • Some homes available for immediate occupancy. • 2C duplex lots, some with walkouts, available (no condo fees). • Stafford Greens steel and concrete condos under construction, now selling off 62 Avenue. 2015 Awards of
EXCELLENCE in HOUSING
Font: Th e Sans - Sans Cap s Colours: black + PMS 484
WWW.MYG R ANVI LLE.COM PROUDLY PRESENTED BY ALLDRITT LAND CORPORATION LP
O
O
L
looking for a new home? It’s only a tap away.
Find the perfect new home or condo in the neighbourhood that fits your lifestyle.
START SEARCHING NOW!
DOWNLOAD THE APP 38
Highway 2
RR. 261
Lacombe Dr. G i
ero se Dr.
BUILDERS: Ironstone Homes, San RufoCo. DEVELOPER: Genstar Development Homes, VistaIronstone Homes BUILDERS: Homes, San LOCATION: Northridge Dr. and Rufo Homes, Vista Homes Hogan Rd. LOCATION: Northridge Dr. and Hogan Rd.
Alb
er t
OF RIVER’S GATE 5 DEVELOPER: THE CLUB & RESIDENCES Beaverbrook Communities BUILDERS: Las Palmas Estate Homes, OF RIVER’S GATE
127 St.
167 Ave.
6
Tr.
TO EDMONTON
6 TUSCANY TUSCANY HILLS HILLS&&UPPER UPPER TUSCANY TUSCANY
DEVELOPER: Communities DEVELOPER:United United Communities BUILDERS: OPEN Public BUILDERS: OPENto tothe the Public LOCATION: corner of 127th Street LOCATION:North North corner of 127th & 195 Ave Street & 195 Ave
7 PINNACLE PINNACLE RIDGE RIDGEESTATES DEVELOPER: ESTATES Pinnacorp Investments Inc.
3 ERIN RIDGE Qualico Communities 3 DEVELOPER: ERIN RIDGE
BUILDERS: Daytona Homes DEVELOPER: Qualico Communities Master Builder, Parkwood Master Builder BUILDERS: Daytona Homes LOCATION: CoalParkwood Mine Road Master and Master Builder, Everitt BuilderDrive. LOCATION: Coal Mine Road and Everitt Drive. UPPER MANOR POINTE DEVELOPER: Upper Manor Pointe BUILDERS:MANOR Open UPPER POINTE LOCATION: Coal Mine Road DEVELOPER: Corner UpperofManor Pointe & Starkey road BUILDERS: Open LOCATION: Corner of Coal Mine Road &CLUB Starkey&road THE RESIDENCES
Boudreau Rd.
Campbell Rd.
tR d.
be r
170 St.
184 St.
2 NORTH RIDGE Genstar Development Co. 2 DEVELOPER: NORTH RIDGE
St .
156 St.
Si
He '
Hogan Rd.
DEVELOPER: Genstar Development Co. Co. DEVELOPER: Genstar Development BUILDERS: OPEN BUILDERS: OPEN LOCATION: Giroux Rd.Rd. & Lacombe Dr. LOCATION: Giroux & Lacombe Dr.
5
Poirier Ave.
Rd.
. 8 Rd on B e ou g r d r u . e au R d ve. St ve . ny A lA Ken r h il Mc e c v r u Ri h nC on ge sto ur in St rW
1 LACOMBE LACOMBEPARK PARKESTATES ESTATES
4
1
5
ll
Levasseur Rd.
4
d.
8 8
BUILDERS: Marco Antonio Homes, Alves DEVELOPER: Pinnacorp Construction Heredity Homes, InvestmentsInc, Inc. Design Innovation, Open BUILDERS: Marco Antonio Homes, LOCATION: Starkey Road Bellerose Alves Construction Inc,&Heredity Drive on Sturgeon River Homes, Design Innovation, Open REGENCY HEIGHTS LOCATION: Starkey Road & Bellerose Drive Sturgeon River ESTATES IN on KINGSWOOD DEVELOPER: Canterra Developments Corp. BUILDERS: DiGiuseppe Interior Design, REGENCY HEIGHTS Las Palmas Estate ESTATES INHomes KINGSWOOD LOCATION: Poirer Ave, just off Sir DEVELOPER: Canterra Developments Winston Churchill Ave. Corp. BUILDERS: DiGiuseppe Interior Design, Las Palmas Estate Homes LOCATION: Poirer Ave, just off Sir Winston Churchill Ave.
• LOCATED: LOCATED: Just northwest of Justminutes minutes Edmonton with great access to northwest of Edmonton with St. Albert Trail,toAnthony Henday great access Drive and Hwy St. Albert Trail,2 Anthony Henday and Hwy 2 • Drive SCHOOLS: 30 schools offering
specialized programming • SCHOOLS: 30 schoolsthrough offering Catholic, Public and Francophone specialized programming school systems. Easy access Postthrough Catholic, Publictoand secondary education by transit or Francophone school systems. roadway. Easy access to Post-secondary by transit or8 roadway. • education GROCERY/SHOPPING: grocery
stores including all major grocery chains • GROCERY/SHOPPING: 8 grocery plus speciality organic stores including all stores. majorFull grocery shoppingplus amenities from independent chains speciality organic to big box stores. stores. Full shopping amenities independent to big box • from RECREATION FACILITIES: 28 ball stores. diamonds, 47 soccer/football fields, 4 Regulation RugbyFACILITIES: Fields, 1 regulation • RECREATION 28 BMXdiamonds, track, 7 pools, NHL size ball 47 3soccer/football hockey 4arenas, 2 indoorRugby arenas and 27 fields, Regulation Fields, ice surfaces, Arden 7Theatre, 1outdoor regulation BMX track, pools, sites,hockey Art Gallery, Museum 3Historic NHL size arenas, 2 arenas and 27 outdoor • indoor MEDICAL FACILITIES: Sturgeon ice surfaces, Arden Theatre, Historic Community Hospital, 2 medical sites, centres,Art St.Gallery, Albert &Museum Sturgeon Primary
Bo G
7
1
97 St.
st. albert
r.
rt St. Albe
Be
7
yR
. Dr
eD idg nR Eri
. Rd roux
ke
Sturgeon County
st. albert
ar
. Dr
2
1
St
3
a ist kV Oa
tt
eri
Ev
d eR
in
lM
a Co
• POPULATION: POPULATION: 60,994 60,994
4
.
Villeneuve Rd.
Dr. on ibb y G Ra
8
AREA AREA INFO INFO
TO MORINVILLE Twnship 544
1 CRYS
DEVELO BUILDE Homes Ironston LOCAT
Care Network, plus other health • MEDICAL FACILITIES: Sturgeon practitioners. Hospital, 2 medical Community Albert & Sturgeon • centres, PARKS &St. PATHWAYS: 85 km of the Primary Care Network, plus other Red Willow Trail system connecting health practitioners. all residents to the river valley. 76 city/ school playgrounds, and 2 dog friendly • PARKS & PATHWAYS: 85 km parks of the Red Willow Trail system connecting all residents to Cultivate Family in the river valley. 76 city/school playgrounds, and 2 dog friendly St. Albert! parks
2 McCO
Cultivate Family in St. Albert!
3 MccO
DEVELO BUILDE Sangam White E LOCAT
http://movetostalbert.ca
DEVELO Commu BUILDE LOCAT
http://movetostalbert.ca
4 CY B
DEVELO BUILDE Master LOCAT
5 VILLA
DEVELO BUILDE LOCAT
Alquinn Homes,Beaverbrook Heredity Homes, Open DEVELOPER: LOCATION: Sturgeon Road between the Communities Sturgeon Valley CourseEstate & Riverlot 56 BUILDERS: LasGolf Palmas Homes, Natural AlquinnArea Homes, Heredity Homes, Open LOCATION: Sturgeon Road between the Sturgeon Valley Golf Course & Riverlot 56 Natural Area
61
What to do when you hire a contractor Many experienced and reliable contractors work in your community – highly skilled professionals who do business the right way. Unfortunately not all contractors play by the same rules. Some cut corners to offer lower prices. They promise you a “good deal” as long as nothing is written down and you pay in cash. These cash deals can mean a lot of risk for you. Contractors who don’t do business properly don’t protect you from accidents or their mistakes. If there is a work-related injury or damage to your home, you could face lawsuits and financial loss. You could be responsible for your contractor’s unpaid bills. And you could be stuck with work that is incomplete or badly done. While serious, these risks are easy to avoid. Before you agree to let anyone work on your home, take these three simple steps: know who you’re dealing with, make sure you’re protected from risks, and always Get in in Writing! ™
How to find
a good contractor • Ask friends, family and neighbors about contractors they have hired to work on their homes. • Contact your local Home Builders’ Association or other trade association for a list of professional contractors in your community. • Ask your local building materials store if it has a list of recommended contractors. • Ask your utility company if it has a list of recommended contractors. • Check with your local Better Business Bureau to find out if a contractor is a member.
For more advice, including detailed information about contracts plus worksheets you can use when interviewing contractors, visit HiringAContractor.com For a listing of builder and renovator members, contact the Canadian Home Builder’s Association - Edmonton Region. Call 425-1020 or visit their website at chbaedmonton.ca Get it in Writing! provides information to help you make informed choices when you build, renovate, or repair your home. This program is managed by the Canadian Home Builders’ Association with support from the Government of Canada.
Get it in Writing(14/10)-/ja
88 New home Buyers Guide | May 14 - Jun 11, 2010
Property Profile | BEAVERBROOK COMMUNITIES
Welcome to luxury in River’s Gate!
Location
Sturgeon County Developer
Beaverbrook Communities Community
River’s Gate Home Type
Estate homes Contact
780.484.4389 info@beaverbrook.ca
BEAVERBROOK COMMUNITIES WELCOMES YOU to the beautiful
community of River’s Gate. This highly esteemed development is located on the banks of the Sturgeon River and only a few minutes northeast of St. Albert. This gated subdivision presents a community that boasts an intimate setting, offering residents a secluded and private home environment. This coveted community features an array of natural amenities that enhance its scenic surroundings, while also providing homeowners with the convenience of being near an array of first-rate services and commercial outlets. Plus, easy access to Anthony Henday Drive ensures commutes around the greater Edmonton area are hassle-free.
JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 63
River’s Gate has been expertly developed with half-acre estate lots available for purchase. This community showcases inviting greenspaces and walking trails where residents can enjoy an active lifestyle. Features in this community include a picturesque park plaza and the natural oasis of Riverlot 56 Protected Natural Area. The community is also situated next to the Sturgeon Valley Golf and Country Club, further enhancing the community’s serene beauty and luxurious lifestyle. This first-class development was created based on the realization that many families own vacation homes in gated communities outside of Canada; so, Beaverbrook Communities wanted to offer the same sought-after residential exclusivity here at home. River’s Gate has developed one of the only gated communities of its kind in the region, with the added benefits of a stunning surrounding that is offered by the Sturgeon Valley. There is no shortage of retail services around River’s Gate – being just moments away from the prosperous city of St. Albert ensures residents have access to hundreds of amenities. Only 23 estate lots remain within River’s Gate. Lot prices are starting in the $330’s, providing a wide range of pricing options that will accommodate all levels of buyer interests. The opportunity to build any home style is one of the main features of this community. Homeowners are given the opportunity to build almost any style of home they as long as the home is built true to style and of the highest quality materials. Three exceptional luxury home builders are set to open showhomes in spring 2016: Alquinn Homes, Heredity Homes and Las Palmas Estate Homes. All three builders offer unique home styles and represent the utmost quality in home building. There is also the option to purchase a lot directly from Beaverbrook Communities and build a home using a personally chosen home builder.
For more than 20 years, Beaverbrook Communities has been pursuing its vision to creating lasting communities that will be enjoyed by many generations to come. The Beaverbrook team has developed numerous communities in Edmonton and area, and strives to create neighbourhoods that families are proud to call home. The company consists of industry leaders and professionals who are committed to completing each community project to an exceptional standard, ultimately leading to thriving communities that feature desirable amenities and preferred lifestyles. Lots in the gorgeous community of River’s Gate are available for immediate purchase, and construction on dream homes is ready to begin! For more information or to learn more about River’s Gate, visit riversgate.ca
SPRUCE GROVE
Togetherness Where
comes first
With easy access to the outdoors and recreational facilities, enjoying quality time as a family doesn’t have to wait for the weekend—here, it’s part of daily life. • Parks, Trails & Playgrounds • Close to Tri Leisure Centre & Schools • Shopping Centers & Restaurants Duplexes starting in the $320’s* and single family homes starting in the $370’s*. sterling homes | Alquinn homes
NEW K-9 School Opening in Fall 2017 * Prices subject to change.
SPRingaTeSPRuCegRove.Com
4
Millgrove Dr.
5 Hawthorne Gate
Spruce Ridge Dr.
6
15
Woodhave D n r.
Highway 16A
1 HILLDOWNS
DEVELOPER: Robson Developments Ltd. BUILDERS: First Avenue Properties, Stylemaster by Rococo Homes, San Rufo Homes, Masterpiece Custom Homes, Celico Builders LOCATION: Grove Drive & King Street
2 VANDERBUILT COMMON
DEVELOPER: SG Developments BUILDER: MacLachlan & Mitchell Homes LOCATION: Century Rd & Viscount Common
3 HARVEST RIDGE
DEVELOPER: Lamont Land BUILDERS: Alquinn Homes, Bedrock Homes, Homexx, Lang Built Homes, Montorio Homes, Pacesetter Homes, Southbend Developments LOCATION: North of Grove Drive and West of Jennifer Heil Way
4 PARKLAND VILLAGE
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
Brookwood
11
2
12 Jubilee Park
Grove Dr.
Century Rd.
1
McLeod Ave.
5 HAWTHORNE AT HEATHERGLEN
10
Lon gview Dr.
King St.
Dr.
Calahoo Rd.
Grove
13
Calahoo Rd.
Spruce Ridge Road
14
Aspenglen Dr.
9
Jennifer Heill Way
3
To Edmonton
7
Grove Meadows
Dr. Drive
McLeod Ave.
To Edmonton
6 SPRINGATE AT SPRUCE RIDGE
DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Alquinn Homes LOCATION: On Jennifer Heil West of Tri-Leisure Center
7 GREENBURY
DEVELOPER: Beaverbrook Communities BUILDERS: Western Living Homes, Dolce Vita Homes, Alquinn Homes, Cami Comfort Homes, MacLachlan & Mitchell Homes LOCATION: Grove Drive & Pioneer Road
8 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
9 DEER PARK ESTATES
DEVELOPER: Broadview Developments Inc. BUILDERS: Rococo Homes, Evani Homes, Patel Homes, Taillon Homes LOCATION: Grove Drive and Jennifer Heil Way
10 KENTON VILLAGE
DEVELOPER: Beaverbrook Communities BUILDERS: Alquinn Homes, Urbanage Homes, Bedrock Homes, San Rufo Homes, and Centurion Homes LOCATION: Century Road, South of Highway 16 at Vanderbilt Common
Pioneer Rd.
N
Highway 16
• POPULATION: 26,271. • 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.
11 THE WOODS AT KENTON DEVELOPER: Beaverbrook Communities BUILDERS: Alquinn Homes, and Hillview Master Builder LOCATION: Century Road, South of Highway 16 at Vanderbilt Common
spruce grove
AREA INFO
8
12 PRESCOTT
DEVELOPER: Beaverbrook Communities BUILDERS: Averton Homes & MacLachlan & Mitchell Homes LOCATION: Grove Drive, East of Century Road
13 JESPERDALE
DEVELOPER: Melcor Developments Ltd BUILDERS: ReidBuilt Homes, Encore Master Builder LOCATION: North of Grove Drive.
14 STONESHIRE
DEVELOPER: Melcor Developments Ltd BUILDERS: Canyon Springs Master Builder, Stonegate Developments, Lang Built Homes LOCATION: Longeview Drive & Fairway Drive
15 MCLAUGHLIN
DEVELOPER: Melcor Developments Ltd BUILDERS: Bedrock Homes, Look Homes, Pacesetter Homes LOCATION: Westgrove Drive and McLaughlin Drive.
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
67
Buyers’ Resources | WEB DIRECTORY
ADVERTISERS HOME BUILDERS Aacropolis Homes Alldritt Homes Artisan Homes Inc.
www.artisancommunities.ca www.averton.ca
Bedrock Homes
www.bedrockhomes.ca www.bosshomes.ca
Brookfield Residential
www.livebrookfield.com
Caliber Master Builder
www.calibermasterbuilder.ca
Cameron Homes Inc. Cami Comfort Homes Canyon Spring Master Builder Celebration Homes Cobblestone Master Builder Compass Rose Homes Inc. Coventry Homes Daytona Homes Master Builder Design Innovations Dolce Vita Homes LP Encore Master Builder
www.cameronhomes.ca www.camicomforthomes.ca www.canyonspringhomes.com www.celebrationhomes.ca www.mycobblestone.ca www.compassrose.ca www.coventry-homes.com www.daytonahomes.ca www.designinnovationsinc.com www.dolcevitahomes.ca www.encorehomes.ca
Enitity Homes
www.entityhomes.ca
Fekete Homes
www.feketehomes.ca
Green Living Homes Gannet Homes Master Builder Homes by Avi Homes by Santos Construction Homexx Corporation Hopewell Residential Iconic Estate Homes Infiniti Master Builders
www.greenlivinghomes.ca www.gannethomes.com www.homesbyavi.com www.santoshomes.ca www.homexx.ca www.hopewellresidential.com www.iconichomes.ca www.infinitimasterbuilder.com
Innovations by Jayman
www.jayman.com
Jayman MasterBUILT
www.jayman.com
Kimberley Homes Landmark Group of Builders MacLachlan & Mitchell Homes Marco Antonio Homes
www.buildwithkimberley.ca www.landmarkgroup.ca www.macmitch-homes.com www.marcoantoniohomes.com
Mattamy Homes
www.mattamyhomes.com
Montorio Homes
www.montorio.ca
Pacesetter Homes 68 YPNEXTHOME.CA
www.alldritthomes.com
Averton Homes
Boss Homes
web directory
www.aacropolishomes.com
www.yourpacesetter.com
Perry Signature Homes Inc.
www.perryhomes.ca
Pompei Homes
www.pompeihomes.com
ReidBuilt Homes
www.reidbuilthomes.com
Rococo Homes
www.rococohomesinc.ca
Rohit Communities
www.rohitcommunities.com
Sterling Homes Edmonton Ltd.
www.sterlingedmonton.com
Urban Living by Landmark
www.landmarkurban.ca
Urbanity Custom Homes Ltd.
www.urbanityhomes.com
Vicky’s Homes
www.vickyshomes.ca
White Eagle Homes Ltd
www.whiteeaglehomes.ca
DEVELOPERS/COMMUNITIES Allard in Heritage Valley by MLC Group / JCA Financial
www.allard.ca
Allard Heritage Valley by United Communities
www.allardheritagevalley.ca
Alpine Ridge in Terrace Heights by Qualico Communities Ambleside South by Qualico Communities
www.amblesidesouth.com
Ambleside in Windermere
www.amblesidewindermere.ca
Beaverbrook Developments
www.beaverbrook.ca
Brookfield Residential
www.livebrookfield.com
Callaghan by Rohit Land Development
www.cameroncommunities.ca
Canada Lands Company
www.villageatgriesbach.com
Canterra Developments Corp.
www.canterradevelopments.com
Chappelle Gardens by Brookfield Residential
www.chappellegardens.com
Creekwood Chappelle
www.creekwoodchappelle.com
Crimson in Creekwood Chappelle by Qualico Communities
Desrochers Villages by MLC Group Dream Development Eaglemont by MLC Group
www.crimsonincreekwood.com
www.cybecker.com www.desrochers-villages.com www.dream.ca www.eaglemont-beaumont.com
Edgemont by Brookfield Residential
www.myedgemont.ca
Edgewood in Morinville
www.edgewoodlife.ca
Forest Ridge by Qualico Communities
www.fraservista.ca
Genstar Development Company
www.genstar.com
Glenridding Heights by Qualico Communities Glenridding Heights by Rohit Land Development
OUR HOMES COME IN A WIDE VARIETY
www.forestridgefortsask.com
Fraser Vista by G3 Developments/Lamont Land
Glenridding by United Communities
web directory
www.liveincallaghan.com
Cameron Communities
Cy Becker by Qualico Communities
www.alpine-ridge.ca
www.glenridding.ca www.LiveInGlenriddingHeights.com www.glenriddingheights.com
LandmarkHomes.ca
JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 69
Buyers’ Resources | WEB DIRECTORY
ADVERTISERS
Granville by Alldritt Land Corporation
www.mygranville.com
Graydon Hill by MLC Group
www.graydon-hill.com
Greenbury by Beaverbrook
www.greenbury.ca
Griesbach by Canada Lands
www.villageatgriesbach.com
Harvest Ridge by Lamont Land
www.harvestridge.ca
Hawks Ridge at Big Lake
www.hawksridge.ca
Hawthorne at Heather Glen by Qualico Communities
www.hawthornesprucegrove.com
Hopewell Residential
www.hopewellcommunities.com
Hudson Park by Beaverbrook Keswick on the River
www.homesinhudson.ca www.keswick-in-windermere.com
Kenton Village by Beaverbrook
www.kentonvillage.ca
Lake Summerside by Brookfield Residential Langdale in Windermere by Qualico Communities
web directory
www.laurel-crossing.com
Laurel Green by Dream Development
www.livelaurelgreen.ca
Maclab Enterprises
www.maclab.com
Manning Village by Cameron Communities
www.manningvillage.com
Maple Crest by Dream Development
www.livemaplecrest.com
McConachie by Walton Development & Management L.P.
www.mcconachie.ca www.liveinmeadowview.com
MLC Group
www.livemlc.com
Montalet by United Communities
www.montalet.ca
Morningside Properties Newcastle by Qualico Communities ONE at Keswick by Beaverbrook
www.mymorningside.com www.newcastle-edmonton.com www.oneatkeswick.ca
ONE at Windermere by Beaverbrook
www.oneatwindermere.com
Paisley at Heritage Valley by Brookfield Residential
www.paisleycommunity.com
Prescott by Beaverbrook Qualico Communities Ravines of Richford by Rohit Land Development Reid Worldwide Corporation Robinson by Beaverbrook Ruisseau by Qualico Communities
www.liveinprescott.ca www.qualicocommunities.com www.ravinesofrichford.com www.rwwc.ca www.LiveInRobinson.ca www.ruisseau-beaumont.com
Secord by Hopewell Residential
www.liveinsecord.ca
Sienna by Qualico Communities
www.sienna-fortsask.com
Silverstone by Qualico Communities
70 YPNEXTHOME.CA
www.langdale-windermere.com
Laurel Crossing by Qualico Communities
Meadowview by Qualico Communities
ChappelleGardens.com
www.lakesummerside.com
Solstice at McConachie by Brookfield Residential
www.silverstone-stonyplain.com www.solsticeliving.ca
SouthCreek by Qualico Communities
www.southcreek.ca
South Pointe by MLC Group
www.south-pointe.ca
South Ravines by Qualico Communities
www.SouthRavines.com
Springate at Spruce Ridge by Qualico Communities
www.springatesprucegrove.com
Starling at Big Lake by Rohit Land Development
www.StarlingAtBigLake.com
Strata Developments
www.stratadevelopments.ca
SummerWood by Qualico Communities
www.summerwoodsherwoodpark.com
Suntree by Maclab Enterprises
www.liveinsuntree.ca
Tamarack by Dream Development
www.livetamarack.com
Tamarack Common by Qualico Communities
www.tamarackcommon.com
The Club & Residences of River’s Gate by Beaverbrook
www.riversgate.ca
The Estates at Waters Edge
www.WatersEdgeEstates.ca
The Hills at Charlesworth by Beaverbrook
www.hillsatcharlesworth.ca
The Orchards at Ellerslie by Brookfield Residential
www.theorchards.ca
The Terrace at Schonsee by Brookfield Residential
www.discovertheterrace.ca
Triomphe by MLC Group Trumpeter by United Communities Tuscany Hills by United Communities United Communities Upper Windermere by Beaverbrook Vita Crystallina Nera
www.triomphe-beaumont.com www.trumpeterbiglake.ca www.tuscanyhills.ca www.unitedcommunities.com www.upperwindermere.com www.liveatvita.com
Villas on the Ravine
www.villasontheravine.com
Walker Lakes Station by MLC Group / JCA Financial
www.walkerlakes-station.ca
Walker Summit by United Communities Walton Development and Management L.P. Westerra by Qualico Communities WestPointe of Windermere Windrose by Maclab Enterprises Woodhaven - Edgemont The Woods at Kenton by Beaverbrook
web directory
www.walkersummit.com www.waltondm.com www.westerrastonyplain.com www.westpointeofwindermere.com www.liveinwindrose.ca www.woodhavenedgemont.com www.woodsatkenton.ca
RELATED BUSINESS Canadian Home Builders’ Association - Alberta Edmonton Custom Decks Edmonton New Home Information Edmonton New Home Guide SLC Ltd.
www.chbaalberta.ca www.edmontoncustomdecks.com www.new-home.com www.NewHomeGuide.ca www.shaneslandscaping.com JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 71
HRLL_0127_NHBG_JanuaryHalfPageAd(wb)_REV3_FINI.pdf
1
2016-01-08
3:25 PM
SPRUCE GROVE
C
M
Y
CM
MY
CY
CMY
K
ATIM CREEK 120 ACRES OF NATURAL RESERVE OUTSIDE YOUR BACKDOOR
VISIT OUR 5 SHOWHOMES TODAY!
IN SPRUCE GROVE To Jasper YELLOWHEAD HWY
To Edmonton
HARVEST RIDGE DR.
GROVE DR.
To Stony Plain
JENNIFER HEIL WAY
GROVE DR.
HWY 16A
To Edmonton
harvestridge.ca
72
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.
What’s Online
Trending now PHOTO BY FLICKR USER VINCE ALONGI
The latest real estate news from across Canada
Ontario & BC housing markets to lead Canada in 2016
READ THE STORY ONLINE ypnexthome.ca/market-2016
Wayne Gretzky lists California home for $8.2M READ THE STORY ONLINE ypnexthome.ca/gretzky-home
Canada’s 7 hottest real estate markets
READ THE STORY ONLINE ypnexthome.ca/hottest-markets
Down payment minimum on the rise
Want more great articles like this delivered directly to your inbox? SIGN UP FOR OUR NEWSLETTER
READ THE STORY ONLINE
ypnexthome.ca/newsletter
ypnexthome.ca/down-payment
Twitter @ypnexthome @ypnexthome_EDM
Facebook ypnexthome
Instagram ypnexthome
Pinterest ypnexthome
Visit our website: JAN 15 - FEB 12, 2016 | NEW HOME GUIDE 73
Live in this home from:
$462,585 *
KITCHEN/DINING/LIVING ROOM
BEDROOM #2
Monthly payments:
$1,978 ** Rent out the basement suite for:
W/D
$1,121 ***
MECHANICAL ROOM
Percentage of mortgage paid by rental income:
BATH
BEDROOM #1
SECONDARY SUITE
56% That means.... for this 1996 sqft home, you’re paying only
$857 monthly!
634 SQFT
•
Extra income means less financial stress
•
Legal suites that fully conform to all city regulations
•
Separate private entrances for both you and your renters
•
Up to $20,000 in Secondary Suite grantt
* Starting from price in Leduc Alberta, includes home, lot & net GST. **Monthly payments based on 5% down, 3 year closed rate, 25 year amortization. Price & payment based on Emerge specifications. *** Rent is average based on rentalboard.ca statistics as of 10/11/15. Subject to change without notice. t
Grant offered for homes in Edmonton only, must apply. Please see Area Manager for details.
Have someone else pay for your home. Bedrock Homes has floorplans with secondary suites that can do just that!
LIVING SPACE
1996 SQFT
bedrockhomes.ca