Home & Condo Guide Winnipeg - Nov 23, 2012

Winnipeg Edition

Nov 23, 2012 - Jan 18, 2013, Volume 05 Issue 10

Your Best Source for Homes & Condos

SEE PAGES 10-11

INSIDE THIS ISSUE

THE IMPORTANCE OF A HOME INSPECTION

THE HOUSING MARKET: CANADA VS. THE U.S.

HOME SWEET HOME OR RETIREMENT NEST EGG?

Happy Holidays!

Headingley – Monterey Park! $464,900

Impressive Crestview Home! $279,900

Custom built 1522 sq ft + Sunroom, 3+ BR’s, 3 Baths, Great Room Plan.

Maple, Granite & Stainless Steel Kit. Main floor laundry. Rec Room, X BR & Bath. Triple Att Garage, Fenced 124 x 163 Ft Lot.

Welcome Home! 4 BR, 1300 sq ft. HWF’s, Euro Kitchen, 2 Full Baths, FF Basement, Fenced yard, Dble garage, Newer roof shingles, vinyl siding, windows, HE Furnace, C/Air.

Wonderful Westwood! $249,900

Your Search has Ended!

Fabulous Charleswood Home! $289,900

Beautiful 2 BR + Den Bungalow on a great street! HWF’s, LR & DR, Euro Kit, appliances included, Rec Room, Hot Tub, 2nd full bath.

Private Yard!

Beautiful 1200 sqft, 3 Bedroom Bungalow. Gleaming Hardwood flooring, L-shaped Living and Dining room. Refurbished kitchen. Incl appliances. Large rec room, Fabulous lot 60 x 181, front drive to Double garage, Gazebo.

35 Braintree 23-302 Westwood 6 Byron 266 Rouge 62 Costello 448 Lyle 754 Buckingham 77-381 Westwood 6 Quail Ridge 25-341 Westwood 274 Sansome` 857 Ashburn 27 Browning 226 Sharp 354 Inglewood 24-302 Westwood 27 Pentonville

101-280 Waterfront 38 Carberry 56 Longfellow 305-175 Ronald 70 Queens Park 211 Strathmillan 14 Corbett 274 Marjorie 3 Masefield 34 Worthington 26-341 Westwood 27 Yager Cove 109 Fairlane 2-14 Sansome 307B-693 St Anne’s 302 Linwood 72 Emerald Grove

ALREADY SOLD 2012!

727 Setter 436 Moray 7 Whitkirk 59 Belcourt 769 Setter 119 Palliser 11 Parish 788 Elm 830 Valour 52-361 Westwood 953 Minto 366 Gagnon 7 Buffie 22 Lismer 1098 Simmons 852 Knox

106-230 Roslyn 230 Conway 210 Tufnell 557 Whytewold 113 Bernadine 1070 Garfield 37 Ericsson 3102-489 Thompson 106 Keating 137 Palliser 34 Appletree 82 Baffin 39 Stillwell 256 Thompson 70 Brookstone 4 Leacock

719 Lipton 632 Buchanan 22 Jameswood 440 Best 921 Buchanan 387 Collegiate 72 Vanderbilt 446 Wallasey 1-3863 Ness 1096 Crestview Park 104-175 Ronald 55 Cortez 105 Lodge 659 Stewart 46-361 Westwood 34 Bur Oaks 138 McIntosh

Joanne Gebauer Surrounded by Success 204-889-9500 Providing professional service with 29 years of experience.

2011 Gold Medallion Winner

RE/MAX LIFETIME ACHIEVEMENT RE/MAX DIAMOND AWARD

RE/MAX PLATINUM CLUB

PRESTIGIOUS CHAIRMAN’S CLUB

Winnipeg REALTORS® MEDALLION AWARDS 1985-2011

RE/MAX HALL OF FAME AWARD

GOLD MEDALLION 2011

#1 RE/MAX Female Individual Agent Manitoba 2011

It pays to use a REALTOR®

1

executives realty

email: joanne@joannegebauer.com www.joannegebauer.com

M A N I T O B A RE NO V ATIO NS | J UNE /J ULY 2007

228 Rouge 59 Prairie View 347 Duffield 62 Wordsworth 123 Penfold 74 Sandown 2-2859 Ness 15 Emerald Grove 3349 Assiniboine 21 Manitou 202-215 Greenway 56-361 Westwood 22 Savoy 51 Browning 306-3420 Grant 31 Amethyst 464 Greenacre

2012 CONDO WATCH The demand continues...

2011 was a record breaking year for CONDO SALES in Winnipeg If you are thinking of buying or selling a condo this year, please talk to me first!

My specialty is connecting interested buyers with the condo they are searching for.

If you would consider an offer on your condo, now or in the future, please contact me, as I will provide you with a current market evaluation at no cost or obligation to you.

KEVIN MOIST TEL: (204) 792-7000 kmoist@remax.net

performance realty #1 RE/MAX Agent - Manitoba 2006 - 2011 Transaction Award WINNIPEG REALTORS “GOLD MEDALLION AWARD” 2000 - 2011 TOP 5 RE/MAX AGENT WESTERN CANADA 2009 - 2011 TOP 100 RE/MAX AGENT WORLDWIDE 2010 - 2011

w w w.k ev inm ois t.com

Call -Call KEVIN MOIST CallCall - 204-792-7000 - KEVIN MOIST - 792-7000 Not intended to solicit properties currently listed for sale.

WINNIPEG’S R EAL ESTATE G UID E

3

Matthew Nicolas:

A New Approach to Real Estate

W

inter has officially arrived in Winnipeg, which means another year is about to draw to a close. For Matthew Nicolas, one of Sutton Group Kilkenny’s top producing Realtors, that means it’s time to reflect on this year’s achievements and next year’s market.

With an award-winning year behind him, Nicolas is excited by the possibilities in 2013. “I had a tremendous year in 2012,” he says. “But I’m looking forward to next year even more. I’m involved in some very exciting projects, and that’s the best part about real estate – it’s always changing.

There’s always more to learn and always a new strategy to employ to get the best for your clients.”

One of the projects he’s talking about is White Horse Estates, a new multi-phase residential subdivision in the community of St. Francois-Xavier, located about 15 minutes west of Winnipeg.

“There are more and more families looking for a country lifestyle,” Nicolas explains. “With lot sizes starting at a third of an acre and up, and schools and services in town, St. Francois-Xavier is the perfect place to raise a family while maintaining a short commute to the city.

“I’m also really excited about Creek Bend Hollow, a gated, luxury condo community on the Seine in South St. Vital,” he continues. “These detached bungalow condos offer all the high-end finishes and flexibility of a custom home, with none of the responsibilities of upkeep or maintenance.” These condos feature three car garages and start at 1,700 sq. ft. The property is lush and green with a limited number of river lots available.

“It’s an exciting time for real estate development and new home construction in the capital region,” says Nicolas. “That being said, we can’t forget the resale market and its strong performance over the last year. With so much competition, a unique approach is needed to stand out from the crowd.”

With that need in mind, Nicolas has taken a new approach for all of his resale listings. “I’ve seen my clients struggle with putting the pieces together.

They know they need to prepare their home for sale, but they’re not sure how to start. I’ve created an all-encompassing, complimentary package that includes staging, professional photography and a house-cleaning service. My clients are happy because this takes away the stress of preparing a house for sale, and they’re even happier when that preparation results in top dollar for their home.”

Nicolas sold more than 50 homes in Manitoba this year, but the excitement of marketing a home and satisfying clients never goes away. “I just love what I do. I love staying ahead of the trends in home design and décor, I love negotiating to get my clients the best possible price, I love watching the market and figuring out what’s next for Winnipeg,” he says. “It’s a great time to live in this city, and it’s always a great time to find your dream home.”

For more information on Nicolas’ current projects, visit www.whatsbetterthansold.com, www.saintfrancoisxavier.ca or www.creekbendhollow.com. You can also like his page on Facebook by searching Matthew Nicolas Winnipeg Realtor.

Matthew Nicolas would love to hear from you.

He can be reached at 204-475-9130 or via email at mnicolas@sutton.com

4

WINNIPEG’S RE A L E ST A T E G UID E

Vice-President, wall2wall media

Jacqueline Hill

OntariO and manitOba sales manaGer

Conni Robinson

editOr-in-chief, natiOnal real estate

Susan Legge editOr

Janine Druery Lydia McNutt (on leave)

accOunt executiVes

Kim Smith Don Walters

204-949-6801 204-949-6409

sales cO-OrdinatOr

Steve Nelson

cOntributinG editOrs

Wayne Karl, Elisa Krovblit, Silvana Longo, Sara Duck (on leave) PrOductiOn manaGer

Bala Gnanapandithan art directOr

Sarah Jang

GraPhic desiGner/ disPlay artist

contents

Mike Terentiev

PrOductiOn cOOrdinatOr

Bala Menon

circulatiOn

Fiona Sewell

volume 5 issue 10 | nov 23, 2012 - Jan 18, 2013

Winnipeg Edition

the Winnipeg home & Condo Guide is published

by Wall2Wall media located at 1765 kenaston blvd., unit t, Winnipeg, mb, r3y 1V8. home & Condo Guide is distributed free throughout Winnipeg at free pick-up locations. this magazine carefully inspects all ads for accuracy, however, the publisher and the printer shall not be responsible for any mistakes, design errors or incorrect information which is provided by the advertiser or their representative. the advertising herein, including the photographs and all artwork, is the property of home & Condo Guide and not that of the advertiser. the advertiser has purchased the right of reproduction in home & Condo Guide magazine only and does not have the right to reproduce the ad in whole or in part in any other place or publication without the consent of the publisher.

Nov 23 - Dec 21, 2012, Volume 05 Issue 10

Your Best Source for Homes & Condos

On the cOVer See pages 10-11 for more information

SEE PAGES 10-11

INSIDE THIS ISSUE

THE IMPORTANCE OF A HOME INSPECTION

THE HOUSING MARKET: CANADA VS. THE U.S.

HOME SWEET HOME OR RETIREMENT NEST EGG?

inside this issue 06. editor’s note

the views expressed by the columnists in this publication are not necessarily those of the publication.

14. hot topic: What’s lurking behind the walls of your dream home?

18. housing market: Canada to avoid a U.S.-style housing market meltdown 22. Finances: Many Canadians plan to sell their homes to fund retirement

the entire contents of this publication are protected by copyright and are intended for the sole use of the public.

Published by

CheCk out our WebSite today: www.hometrader.ca our next iSSue, Volume 6 iSSue 1, Will be diStributed on January 18, 2013 For more inFormation, Call 204.949.6408

Wall2Wall media is a trademark of yellow Pages Group Co. in Canada. the hometrader & design are trademarks of apax Partners llP, used under license.

WINNIPEG’S R EAL ESTATE G UID E

5

editor’snote

w Buying a home with confidence

MAKES A WORLD OF DIFFERENCE

hen you tell people you’re shopping for a home, you’ll find most everyone will want to share their own homebuying experience with you. Some will offer you their personal advice and suggestions, while others will frighten you with details about their disastrous homebuying experience or that of a friend of a friend. With so many variables, it can be hard to figure out what’s necessarily good advice.

It’s always best to get advice from the experts, especially when it comes to purchasing a big-ticket item like a home. No matter what your Uncle Joe says, when you’re equipped with the right expert advice for your situation, you can move forward by making confident purchasing decisions that are right for you and your family.

Much of what you’ll want to know about the road to home ownership is right here in this magazine. If you don’t find what you’re looking for, write to us and we’ll help get you an answer from one of our experts.

Take us along for the ride and let us know how it turns out. Thanks to our website, homeTRADER.ca, you now have even more articles and features than ever to source, so you can be sure your buying experience is a positive one.

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

i

The importance of

A HOME INSPECTION

t was love at first sight. I walked into the home and was instantly smitten with the exposed brick walls, gleaming hardwood and expansive party kitchen.

But the trained eye of my Realtor was turned on other things: Had I noticed the old roof? And what about the knob and tube wiring? The electrical panel was a mess. And then there were the drafty windows…

Knowing what to look for when you buy a home is important. But, let’s face it, most of us aren’t specialists in that area. That’s why consulting with experts is a good idea. And nothing, absolutely nothing, can substitute for a home inspection done by a reputable firm.

A good home inspector is worth his/her weight in gold and will produce a report for you on a potential purchase that is hundreds of pages long and can leave your head spinning.

But having too much information is generally a good thing. I know a couple who, in the midst of a bidding war, decided to forfeit a home inspection, and were extremely shocked to discover the enormous amount of work (and money) that was required in their new house.

Inspectors can get in and out of all of the places we cannot and, with all of the tools at their disposal, can give us a much more realistic view of what we may be about to purchase.

You’ve heard the expression: “an ounce of prevention is worth a pound of cure.” In the case of buying a home, it is certainly the truth.

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

6

WINNIPEG’S RE A L E ST A T E G UID E

FREE HOME EVALUATIONS CALL CHRIS CHRIS KENNY @ 204.899.4858 CALL KENNY @ 899-4858 Get an up to date idea of what your home is worth!

Top 5% of all individual Realtors in Winnipeg 2011” Silver Medallion Award WinnerWinnipeg Real Estate Board, Platinum Club Award winner -(2011 Remax of western canada)

www.ChrisKennyHomes.ca To view more photos and virtual tours visit:

www.chriskennyhomes.ca | www.chriskennyhomes.com HAVE YOU TRIED SELLING YOUR HOME PRIVATELY,OR WITH SOMEONE ELSE, WITH LITTLE OR CURRENTLY LOOKING NO SUCCESS???

FOR BUNGALOWS IN TEXT T543442 TO 85377

TEXT T543386 TO 85377

ROYALWOOD/SAGE

HOW WOULD YOU LIKE THE SERVICES OF A PROFESSIONAL FULL-TIME, AWARD WINNING PARK REALTOR, WITHOUT HAVING TOCREEK/RIVER PAY A PENNY UPFRONT???!

JUST SOME OF MY SOLDS SINCE LAST YEAR!

SOUTH/ST VITAL

93 Claremont Drive 34 Caribou Cresc.

14 Lands End Cove 56 Kingswood Ave ROYALWOOD BUNGALOW GORGEOUS ROYALWOOD BUNGALOW are thinking of selling.

479 Ritchot St ONLY $349,000!

ONLY $419,900 I DO ALL THE WORK FOR YOU! YOU ARE UNDER NO OBLIGATION TO ACCEPT A NUMBER YOU 150 Ebb Tide Dr. Brand New Listing!

1475 sf with fully developed basement, 899-4858 ARE UNHAPPY WITH. I SPEND THOUSANDS OF DOLLARS EACH MONTH, WITH ONLINE Hindle Gate 1455 Sq Ft with full basement.

CALL MEAND TO SEE IT 26 NOW BEFORE PRINT ADDS TO GET MAXIMUM EXPOSURE FOR YOUR HOME, AS WELL AS WORK AROUNDIT THE HITS THE 11MLS! Strand Circle CLOCK 7-DAYS A WEEK TO GET YOUR HOME SOLD. SIT BACK AND RELAX LET ME SELL YOUR 601 Martin Ave TEXT T543484 TO 85377 457 Ritchot Ave HOME FOR YOU, YOU’LL BE GLAD YOU DID! 459 Ritchot Ave CALL ME DIRECTLY ON MY CELL AT 204-899-4858 FOR MORE DETAILS! - CHRIS KENNY 114 Bannerman 2 Jodi Way PRICE JUST 29 Boulder Bay REDUCED 1846 Legion ave 114 5th Ave South 0 Burnell St 27 Siferts Cove 104 Roselawn Bay OAKBANK FAMILY BUNGALOW 205 Ave The only 5 bedroom home with 3 car garage in all of Oakbank for under $400,000!!! Act quickly before its gone! Similar homes sellSterling for $100,000 more in winnipeg! Only 20 minutes from the city. $379,900 gets you into a 5 bedroom /3 bath home, with a fully finished basement and a HUGE! 207 Sterling Ave 700 sf triple car garage! with an enormous 80 x135 lot! Fully landscaped and brand new deck, all there is left to do is just move Close all 19 in!

Red LilytoRd levels of school, and many young families with kids already live on the street!

Book your showing now before its gone!

Call Chris @ 899-4858 RIVER PARK SOUTH ST VITAL BUNGALOW BRIDGWATER FOREST 5 Van Hull Way 15 EB TEXT CLAYDON RD 39 ALMINGTON BAY 27 SIFERTS COVE T484399 TO 85377 83 Hespeler Ave ONLY 5 Mapleton Bay $369,900 $349,900 $284,900 $369,900 176 Forrest Ave 2009 Built 2 Storey in River This beautiful brand new condo style Completely Remodelled top 82 Whiteway Ave Park South, absolutely stunning property located on a quiet cul-deto bottom in 2012 with large in 855 Lemay Ave home, designer colours and sac features 3 spacious bedrooms, ground swimming pool.

707 Elgin Ave decor throughout, call to book two and a half bathrooms.

744 Simcoe St an appointment to view.

739 Mcgee St 399 Speers Rd Purchase before Christmas and Receive FREE CONDO FEES PAID FOR ALL OF 2013!!! call for details 260 Le Maire St GORGEOUS NEW YORK EXECUTIVE HOME $479,900 BRAND NEW 81BUILT Kingston Row Loft Style Condo 925 SF, exposed brick 2,300 SF home in East St. Paul.

St. Andrews 1350 sf Bungalow on 20+ acres.

66 Beaudry Bay 3 bdrms; 2 full baths; open concept, island kitchen walls, priced well below market value!

With 4 BRs, 3 baths, mn flr 96 Tascona Rd with Hickory cabinets, built-in microwave & $169,900 LOW CONDO FEES!! ONLY laund & more. New driveway in 2011, New John Forsyth dishwasher+patio doors; 332 high end finishings. $1000/MONTH ALL EXPENSES IN!!

Carpet 2012. Home was custom built.

404 Shorehill Dr 15 Eb Claydon ONLY Multiple Vacant building WOULD YOU LIKE Henderson $89,900 4203-6940 3-819 St Paul Ave lots for sale within TO SEE YOUR HOME RIVER PARK SOUTH VAN HULL ESTATES CLOSE TO DOWNTOWN! 15-722 Maryland Winnipeg!

Ranging from IN HERE NEXT ISSUE?!

LEGENDS AT CREEKBEND 21-1651 St Mary’s 5 VAN HULL WAY NEW YORK $60,000-$149,000, LOFT STYLE PLEASE CALL ME St Paul Ave $289,900 ONLY $99,900!AND I’LL7-817 $169,900 605-556 Corydon please call for details, GET Gorgeous brand new 1144 SF 2 Bed/2 54 x 100 BUILDING LOT Nestled 925 SF,2 Bed/1 Full Bath.

“Build Your Bath Condo w/underground heated YOUR HOME amongst $500-$700,000 homes.

Exposed Brick, ultra modern parking. Entertainment room/workout Will not last long! Call for more THIS“YOUR chefs kitchen,Dream in suite laundry.

Home Here!

ONTO PAGE!ADDRESS area/sauna/guest suite.

Backs onto FULLY REMODELLED CONDO! details!

Amazing value here!

HERE”! floor Penthouse unit. All brand new appls/in Chris - 899-4858 Seine River +Top Chris - 899-4858 Royalwood Forest

YOU DO NOT PAY ME ANYTHING UNLESS I BRING YOUmany AN OFFER YOU ARE HAPPY ACCEPTING, I have buyers looking, YOU CHOOSEplease YOUR PRICE! call me first if you

suite laundry,list goes on... “COSTS LESS THAN $500 DOLLARS PER MONTH TO OWN!

PROFESSIONAL PHOTOGRAPHY + VIRTUAL TOUR, HOME Royalwood, STAGING, + River PROFESSIONAL CLEANING INCLUDED Call your Sage Creek, Park South and St Vital specialist 899-4858 for more information on these WITH EVERY LISTING! A $2000 VALUE RIGHT today OFF THE BAT WHEN YOU LIST WITHand ME,other JUSTupcoming MENTIONlistings.

THIS ADD.

NOW PRE SELLING,

A DISPLAY SUITE IS AVAILABLE FOR VIEWING BY APPOINTMENT

PRICED FROM

232,900

$

GST

INCLUDED

w w w. f t r i c h m o n d c o n d o s . c o m

All suites feature Maple cabinetry, stainless steel appliances, 2 or 3 bedrooms, in suite laundry room and forced air heating and cooling. The building features heated underground parking, central elevator and a separate storage locker for each suite.

There are 3 floor plans available at 1023, 1118, and 1409 sq. ft.

204.989.7938

tniblock@mts.net www.niblockrealestate.com

O f s d

,

T

240 Waterfront Drive $1,409,900

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Only one word defines this exceptional condo - spectacular! The utmost in luxury living, this multi-level condo is 2795 sq ft and “like no other�. With river, city and park views, expansive windows and ceiling heights, the unique architecture is sleek, urban and new age. Beautifully appointed, superior crafted with steel, wood and stone finishes. Has its own heated double garage, privacy elevator, 2 bedrooms with ensuites, 2 balconies, rooftop terrace and beautiful principal rooms.

Claire Hoffer Michael Dubienski Phone: (204) 477-0500

Downtown The new Luxury Standard

O Soon to rise on the banks of the Assiniboine river at 390 Assiniboine Ave., this striking new 24 storey condominium offers a collection of suites boasting breathtaking views of the river and city center.

The ultimate in luxury features and finishes. Superb amenities.

Heated parking. Neighbouring the legislative building and close to the Forks, this prime location is steps from fashionable restaurants, bars, bistros, cafes and Winnipeg’s major cultural attractions.

2 Bedroom Suites starting from $269,900 (plus GST) 3 Bedroom Suites starting from $497,900 (plus GST) Penthouse Suites available SALES OFFICE

Visit the Sales Office and Model Suite Today

LYNNE DUBIENSKI

D

295-9067

Rendering is artist’s concept only. Prices and specifications are subject to change without notice. E. & O. E.

SAND-DCO-A-NHCwinn DBL-NOV12-CORRECTSIZE-4.indd 1

12-11-14 12:20 PM

SAND

12:20 PM

Grand Open覺ng Luxurious condominium living on the river

Dcondo.ca SAND-DCO-A-NHCwinn DBL-NOV12-CORRECTSIZE-4.indd 1

12-11-14 12:22 PM

in Oakbank Located only a short 10 minutes from Winnipeg – Oakbank offers all the conveniences of a small town yet all the amenities one could need. This brand new contemporary style condo development is the first of its kind in Oakbank featuring 2 and 3 bedroom units that offer an abundance of space, a bright kitchen with maple kitchen cabinets and centre island. A dining room with a bright picture window and the living room offers a garden door to the attached and covered back deck. Quality concrete construction.

234,900

Call now to put your personal touches into this affordable home located a short 10 minutes from Winnipeg. These bi level style homes offer a great open concept. The kitchen opens into the dining room and offers quality maple cabinets, a corner pantry and an island. The living room features huge picture windows and a garden door to the attached and covered back deck.

5 TOWLER WAY - OAKBANK

Located only 10 min from Wpg. in a new subdivision of Oakbank is where you will find this stunning custom 2135’ two storey home. The main floor offers plenty of family space. Large office with huge windows. Spacious front entry with tiled floor. Hardwood floors run through the main living areas.

52 LINDEN LAKES - OAKBANK

1 JESSIE STREET - OAKBANK

21 ROCHELLE - OAKBANK

$ Starting at Call to reserve your spot and to add your personal touch to your new home

Quality built home by Dowalt Custom Homes. 1464’ home offers a contemporary open style floor plan. Walk into the home with its tiled entry with guest closet. Spacious living room featuring a fireplace and custom built mantle. Family sized kitchen with a centre island, maple cabinetry, walk in pantry and glass tiled backsplash.

Located only a short 10 min drive from Winnipeg is this stunning 1985’ raised bungalow for $439,000.

Great room offers an impressive gas fireplace with custom stone and mantle. Bamboo hardwoods run throughout the main living area. Gorgeous kitchen with slow release drawers, custom granite counters, tiled backsplash and built in wine rack. Large dining room with a garden door to the attached back deck.

www.fehrrealestate.ca

Shirley Fehr Performance Realty 784-6617

355-8770

shirley@fehrrealestate.ca

s d s at n e d

want to know

the value of your home? the answer is just 1 click away! analysis of your home’s I approximate value I emailed to your inbox!

www.ValueMyWinnipegHome.com hassle free, worry free EQUAL OPPORTUNITY HOUSING A free service of Jordan Katz Maximum Realty Ltd.

hottopic

what’s lurking behind the walls of your dream home?

TD Insurance advises first-time buyers to call the experts before sealing the deal

F

or most Canadians, a home is the biggest investment they’ll ever make. It’s critical that new homebuyers do their research and know what they’re buying before they sign on the dotted line. Having the information they need can help prevent surprises that can be costly to fi x, dangerous or even invalidate home insurance, according to TD Insurance.

“A [home] doesn’t come with a money-back guarantee, which is why it’s so important to be aware of potential issues before you buy,” says Henry Blumenthal, vice-president and chief underwriter, TD Insurance. “New homeowners need to know what they’re buying and ensure they can maintain and protect their most valuable asset, because once the ‘sold’ sign goes up, the buck stops with them.”

Equally important as a home’s curb appeal is the cost to repair and maintain it and the potential insurance implications that come along with it. The best way to understand a home’s condition is to hire a professional home inspector. A home

❝

WATER DAMAGE IS ONE OF THE MOST COMMON HOME INSURANCE CLAIMS AND HAS THE POTENTIAL TO CAUSE MAJOR DAMAGE. FIVE YEARS AGO, WATER DAMAGE REPRESENTED A QUARTER OF THE CLAIMS TD INSURANCE PAID OUT; TODAY IT’S UP TO ONE HALF. ON AVERAGE, WATER DAMAGE COSTS POLICY HOLDERS MORE THAN $7,500 TO REPAIR.

❞

inspection analyzes the structure and major systems: roof, exterior, electrical, heating, cooling and plumbing. By sharing the details found in the inspection report with your insurance provider, your insurer can help identify problem areas that could increase premiums, prevent you from qualifying for home insurance or require additional riders.

“We provide home buyers with information they need to make an educated decision,” says Bob Dunlop,

COMING SOON

South Winnipeg’s Most Exclusive Gated Community Call today for your priority appointment

• Starting at 1700SF • Superior Materials and construction • Large lots with triple garage on all units • Custom Finishing Options

Call

Matthew Nicolas or Jim Wall to start planning your dream home

Sutton Group – Kilkenny Real Estate

www.creekbendhollow.com www.whatsbetterthansold.com

(204) 475-9130 mnicolas@sutton.com jwall@sutton.com

This is not intended to solicit currently listed properties.

WINNIPEG’S R EAL ESTATE G UID E

1

NOW UNDER CONSTRUCTION

POSSESSION SUMMER 2013

A Country Community Just South East of Winnipeg Landmark, MB

MARJORITY OF SUITES

219,900

$ 204.989.7938

tniblock@mts.net www.niblockrealestate.com

1029, 1119 & 1409 SF SUITES 2 & 3 BEDROOM UNITS

OR LESS

G.S.T. Included

DISPLAY SUITE AVAILABLE FOR VIEWING IN WINNIPEG

Heated Underground Parking Four Appliances Included In-Suite Laundry Forced Heating and Cooling Elevator Storage Lockers

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register for early bird pricing

jumpforjoyy.com

STARTING FROM

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STARTING FROM

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glasshouseADcondoguideFINALAPP:Layout 1 15/11/12 7:43 PM Page 1

coming this winter

glasshouse house skylofts in the city

Longboat

DEVELOPMENT CORPORATION

a whole new style of urban living in the heart of a downtown on the move, skylofts from

$169,900 taxes included

be first in line – register today for the vip preview event

glasshousewinnipeg.com

204.282.9658

spectacular rooftop amenities at glasshouse

Alive With Spirit PHASE 1 NOW PRE SELLING

Subdivision Map

A variety of large sized lots Experienced Custom Home Builders all lots are fully serviced 5 year New Home Warranty

CALL TODAY TO BUILD YOUR DREAM HOME

Set against the picturesque backdrop of the living prairie, White Horse Estates is a new residential development in the legendary municipality of St. Franรงois Xavier.

With inviting streetscapes and eye-catching designs, White Horse Estates invites you to build a home that embodies lasting style and modern livability in an established community.

Be one of the privileged few to establish roots in this desirable location where families and nature live together.

Matthew Nicolas 204.475.9130

Darren Desrochers

Harewa Homes

www.SaintFrancoisXavier.ca

204.297.0229

C

NOW BUILDING in White Horse Estates

starting at

Harewa Homes offers a standard finishing package that rivals other builder’s upgraded package.

Get the modern, stylish home you want, without compromising on finishes and features.

• • • • •

s

9

339,000

$

Call

30-Year Shingles Beautiful Oak or Maple Kitchens Nickel Hardware Flat-profile White Trim and Casings 5 year National Home Warranty

Matthew Nicolas to start planning your dream home

Sutton Group – Kilkenny Real Estate

(204) 475-9130 mnicolas@sutton.com www.whatsbetterthansold.com This is not intended to solicit currently listed properties.

NORTH RIVER HEIGHTS

COMPLETE TRANSFORMATION ACHIEVING NEW HOME STANDARDS TWO STOREY - OFFERED AT $589,500

ROD PEELER

This completely renovated home boasts 2000 sq. ft. plus a professionally finished basement. The main floor features a modern open concept with gas fireplace, living room, dining room, great room, state of the art kitchen, laundry room, bathroom and mudroom. Flooring is rich ¾” birch hardwood, counters are white quartz – cabinetry is shaker style maple & s/s appliances. The upper level has four bedrooms, the master features a four piece ensuite with heated floors and a huge walk in closet. A second full bathroom completes this level. The basement is fully finished with a family room and bathroom. Oversized detached single garage. This complete renovation includes new windows, wiring, plumbing, HE furnace with HRD heat exchange, water tank, newer central air – maintenance free exterior. Totally Reinsulated. Essentially a new home

real estate “I never sleep” Thank you Winnipeg for 30 great years “I am going for 40” I would be pleased to assist you with The Selling or Purchasing of your RESIDENTIAL HOME, CONDOMINIUM, INVESTMENT, COTTAGE PROPERTY For a no obligation consultation please call Rod Peeler

204.477.0500 rodpeeler@remax.net

professionals

Each office independently owned & operated

president, Carson Dunlop. “Because every buyer is different – one person’s fi xer-upper is another person’s nightmare – it’s not a question of whether a house passes or fails, it’s whether it works for a particular buyer’s needs.”

When assessing risk, insurers are primarily looking at two factors: the frequency with which a particular problem tends to occur and the potential magnitude of the loss associated with the problem. Water damage is one of the most common home insurance claims and has the potential to cause major damage. Five years ago, water damage represented a quarter of the claims TD Insurance paid out; today it’s up to one half. On average, water damage costs policy holders more than $7,500 to repair.

A home inspector assesses a home’s vulnerability to water damage and can flag items like poor maintenance of eaves troughs and downspouts, improper installation of a basement backup valve, cracks in the foundation or an aging roof.

“With a roof that’s 20 years old, the only guarantee you have is that it’s going to leak at some point,” says Blumenthal. “An insurer’s unique insight and experience can help you make your buying decision. If your insurer isn’t comfortable with an item in the home-inspection report, you should take a closer look before you buy.”

Other common items that a home inspector will look at that could ultimately impact your insurance premiums and eligibility include: » Plumbing and electrical. An outdated plumbing or electrical system can be a potential hazard if it hasn’t been properly maintained or updated. » Heating. An older heating system, such as an oil furnace, could leak and cause damage to your home and the surrounding area if not maintained properly. » Liability exposure. A pool that isn’t properly fenced creates a higher probability of an accident. » Previous renovations. If renovations were clearly the work of a corner-cutting do-it-yourselfer, they could pose a safety threat. » Smoke detectors. Without functioning smoke detectors there’s a higher potential for significant damage from a fire, including danger to you and your family.

» Alarm systems. A functioning alarm system is a theft deterrent that could help lower your insurance premiums.

“The inspection identifies what repairs need to be made and at what cost,” says Dunlop. “Depending on your financial situation, what comes out of our report could have an impact on your purchase decision. It could even give you some bargaining power with the seller.”

According to the Canadian Mortgage and Housing Corp. (CMHC), a typical home inspection is in the range of $500, depending on the size and condition of the home.

“Buying a first home is exciting and it’s easy to get carried away and overlook the details, but the most important thing buyers can do is take time to ask questions so there are no surprises,” says Blumenthal. “That way, they can feel confident that their new home is a safe investment and a safe haven.”

To find out more and to get a free quote, visit tdinsurance.com or call 1.888.791.5346.

2441 PORTAGE AVE. $149,990

184 BRIDGEWOOD DRIVE $379,900

Gorgeous remodeled condo offers spacious and bright living room.

Huge master bedroom. Open concept kitchen with brand new granite breakfast nook and counter tops.

Suite could rent for $800-$900 a month. This suite offers the best view in the building.

To be custom built by Gino’s Homes.

Spacious 1500 square foot bungalow plan. For specific details come visit us at our showhome at 59 DENNIS LINDSAY ROAD.

NOT ExACTLY AS SHOWN

830 CHALMERS AVE EAST $149,900

67 BRUNKA PLACE $369,900

Great starter home in quiet location on a dead end street. Features several recent upgrades. Features 2 bedrooms with a large upstairs master bedroom loft with a skylight, a spacious living room with tray ceiling and pot lights, and double garage.

Brand new 1500 square foot 2 storey to be custom built to your specifications. No house currently on this lot, sample plan only, picture is of a previously completed plan.

T C

1

s

2

s

R U k t l a a p

T NOT ExACTLY AS SHOWN

MASSALIA DRIVE $534,900

75 BRUNKA PLACE $354,900

LIMITED TIME SPECIAL PACKAGE DEAL!!!! Brand new 1713 square foot bungalow to be built by Gino’s Homes. Same plan and options as our current show home at 59 Dennis Lindsay Road(Harbour View South).

Prices to increase when roads are paved so buy now and build next year at current year prices. Call now for more info.

Brand new 1200 square foot bungalow to be custom built to your specifications. No house currently on this lot, sample plan only, picture is of a previously completed plan.

MASSALIA DRIVE $638,295

BRIDGEWOOD DR. $449,900

2200 square foot bungalow to be custom built by Gino’s Homes in the final phase of lake lots to be developed, just approved and released for sale. House to feature 3 bedrooms, a full walkout basement with piles, steel Prices to increase when roads are paved so buy now and build next year at current year prices. Call now for more info.

Similar to our show home at 59 Dennis Lindsay Road available for viewing by apt. 1713 Square foot bungalow to be built by Gino’s Homes on a 48 foot pie lot. This is the last pie lot available. Price includes, lot and GST. Built on piles.

50 TERRY SCOTT BAY $399,900

ONLY 19 LOTS AVAILABLE

To be built by Gino’s Homes. 1600 square foot bungalow featuring 3 bedrooms, 2 bathrooms. Built on piles.

Built as advertised for price shown or have your own plan custom designed and built to your specifications.

Pictures of a completed plan, sample only as there is currently no house built on this lot.

1.37 acre lot available in new upscale subdivision in West St. Paul. Frontage 177 feet, total lot size 59,677 sq. ft.

Choose your own builder and build your dream home in a peaceful country setting just minutes away from the city and all its conveniences.

Jordan Katz & Associates More LiSTingS AvAiLAbLe - noT Shown here!

CALL or eMAiL for DeTAiLS 204-777-9999

Priscilla Santos buyer Specialist psantos@live.ca

Jordan Katz

Team Leader/Listing Specialist jordankatz@shaw.ca

To geT The SAMe reSuLTS CALL now

S

(

TRANSCONA CONDOS 1 Bedroom Suites available starting at $149,900

WEST END DELIGHT Suites starting at $119,900

Renovated from top to bottom Upgrades include new windows, kitchen, bathroom, flooring and the list goes on and on. Great location and close to all amenities, act fast. Quick possession is available. 1 parking stall included in purchase price.

These beautiful remodelled 1 bedroom condo units are within a short walking distance to U of W and HSC. All unit include one parking stall and • Stainless Steel Fridge Stove Microwave • New PVC E/E windows • Gleaming hardwood floors • Spacious L-shaped living and dining rooms • Large bedroom with double clothes closet

To View Call For An Appointment

To View Call For An Appointment

2 Bedroom Suites available starting at $164,900

Steve Joyal

(204) 955-3900

Ron Lindsay (204) 797-4020

housingmarket

Canada to avoid a

U.S.-style housing market meltdown

C

anada will not suffer from the same type of real estate market meltdown witnessed in the U.S., according to a new report from CIBC World Markets.

The report notes that while there are a number of factors that raise concerns about Canada’s housing market, there are fundamental differences between the Canadian and U.S. markets that should see a soft landing for the real estate market here.

“To be sure, house prices in Canada will probably fall in the coming year or two, but any comparison to the American market of 2006 reflects deep misunderstanding of the credit landscapes of the pre-crash environment in the U.S. and today’s Canadian market,” says CIBC Deputy Chief Economist Benjamin Tal. Tal notes that while the debt-to-income ratio in Canada just broke the American record set in 2006, “this ratio is more a headline grabber than a serious analytical tool. There is a list of countries with comparably higher debt-to-income ratios, which did not experience anything remotely resembling the recent U.S. experience.”

Tal says we should pay more attention to the speed at which the debt-to-income ratio is growing. “Here the picture looks a bit less alarming. Comparing the three years heading into the U.S. crash to the past three years in Canada reveals that the debt-to-income ratio in Canada has been rising at half the speed seen in the pre-crash U.S. market.”

18

WINNIPEG’S RE A L E ST A T E G UID E

The strong growth in indebtedness south of the border was partially fueled by speculative activity in the housing market — something we’ve seen far less of in the Canadian market. In the decade leading to the crash, housing starts in the U.S. exceeded household formation by nearly 80 per cent. On average, over the past decade, the gap in Canada has been only 10 per cent — with most of the excess seen in cities such as Toronto and Vancouver.

Another key difference between Canada and the U.S. is in the quality of mortgages. The distribution of credit scores has not changed dramatically in the past four years in Canada, which is different than what happened in the U.S. during the four years heading into the recession. Stateside, the proportion in the risky category rose by more than ten percentage points and accounted for 22 per cent of the overall market.

But credit score does not tell the whole story says Mr. Tal. Among other things, many of the troubled mortgages in the U.S. were sold to borrowers with an acceptable credit score but who did not satisfy the underwriting rules for prime loans because they were unable or unwilling to provide full documentation on their mortgage applications. In 2006, these non-prime mortgages accounted for no less than 33 per cent of originations and close to 20 per cent of outstanding mortgages.

Tal notes that not all is well in the Canadian housing market.

Home prices are overshooting their fundamentals, mainly in large cities such as Toronto and Vancouver and the recent slowing in sales activity will probably be followed by price adjustments in many cities across the country.

“But the Canada of today is very different than a pre-recession U.S., namely as far as borrower profiles are concerned. Therefore, when it comes to jitters regarding a U.S.-type meltdown here at home, the only thing we have to fear is fear itself.”

The complete CIBC World Markets report is available at: research. cibcwm.com/economic_public/download/cw-20121030.pdf

AT OAK FOREST CRESCENT

CONDOMINIUMS

LOCATION The Oaks Country Estates is located within The Oaks - Assiniboine River West, a charming subdivision that combines both the convenience of city living with the lifestyle and surroundings of a secluded country estate. These condos truly define City Living, Country Style.

PLANS 1392 - 1450 sq ft.

Detached bungalow, detached 2-storey, and semi-detached 2-storey plans available.

Chris Pennycook Blair Sonnichsen Tyson Sonnichsen

204.831.4868 www.oakscountryestates.ca info@the-oaks.ca

WINNIPEG’S R EAL ES TATE G UID E

19

POSSESSION DATES:

February 1 & February 15, 2013

314 Main Street, St. Adolfe • 1286 plus sq. ft. of finished

living area on 2 levels • 3 Bedrooms, 1 ½ baths • 3 parking spots located in

front of each unit included in purchase price • 5 year National home Warranty on each unit • Low Condo Fees, $155.24 includes exterior maintenance, landscaping, snow removal, management fee and contribution to reserve fund.

Clarence Braun BUS: 204.475.9130 CELL: 204.791.2587 EMAIL: clareb2@shaw.ca

SUTTON GROUP KILKENNY REAL ESTATE

O N LY

3

U N I T S L E F T:

Unit 2

199,900

$

(including net GST)

Unit 3

202,500

$

(including net GST)

Unit 5

204,900

$

(including net GST)

Managed by Stevenson Management Services

L e fl i m w w e e g o o a

N

Y

Live luxuriously, entertain impressively and relax unconditionally in an environment that caters to your every need. State of the art detail to the floor plan, quality and finish of this high end construction. Privately situated in splendor backing onto the red river with a panoramic view. From the moment you enter this beautiful home with exquisite welcoming large foyer with soundproof walls to the entertainment room, open concept great room with vaulted ceilings, large windows throughout to expose natural light, family/ entertainment room with wrap around balcony on two levels. Stunning glass etched doors with handles of 14K gold from Paris. The beautiful Paradiso granite flooring throughout. Designer kitchen overlooking the beautiful view of the river while enjoying that cup of coffee. Absolutely gorgeous open loft overlooking the front foyer and great room, fabulous for entertaining with an orchestra and more. Very private and secluded in this high end area.

NANCY LEMIEUX-BOHEMIER Your friendly real estate professional

Phone: (204)981-4821 Fax: (204)235-0521 Email: nancy@mcre.ca 1046 St. Mary’s Road, Winnipeg, MB R2M 5S6

finances

Study finds many Canadians plan to

sell their homes to fund retirement

A

re you relying on your home to help fund your retirement? That may be a risky move, according to a recent report issued by the BMO Retirement Institute.

The report, Home Sweet Home or Retirement Nest Egg?, examined the relationship between Canadians’ readiness for retirement and their attitudes regarding home ownership. Some of the main findings are as follows: » One-third (32 per cent) believe that living comfortably in retirement is the most important financial accomplishment to achieve over a lifetime » Forty per cent are not confident they can save enough to fund their ideal retirement lifestyle, and 29 per cent anticipate having to delay their retirement or work part-time during retirement due to a shortfall in savings. » Forty-one per cent consider the equity they are building in their home as an alternative source of funding for retirement

“The reliance on home equity to fund retirement is no surprise, given that almost half of Canadians say that their home is their biggest financial asset and, on average, accounts for half of their total net worth,” says Marlena Pospiech, Retirement Strategist, BMO Retirement Institute. “While it is true that, in the past, Canadians have enjoyed a stable housing market and increasing real estate values, there is no guarantee that this trend will continue.”

Pospiech says that as a result, individuals shouldn’t count exclusively on their homes to fund their retirement and should be focused on building up their personal retirement savings.”

According to the report, one-third of baby boomers who intend to sell or have sold their home will or have done so to supplement their income in retirement. But BMO says this group may face a number of challenges when deciding whether to stay in their home or to sell it and downsize: Market fluctuations: The majority (87 per cent) of baby boomers have seen their homes rise in value; nearly half report gains of 50 per cent or more. But, considering the rapidly aging Canadian

22

WINNIPEG’S RE A L E ST A T E G UID E

population, and more people retiring and selling their houses, home prices could fall.

Attitudes toward home ownership: Canadians are torn between holding on to their “castle” versus treating it as a retirement asset.

According to the report, 45 per cent of homeowners do not intend to sell their home, and 34 per cent are unsure if they will sell it prior to or during retirement.

Lending standards: Should they materialize, tighter lending policies and the risk of higher interest rates could reduce the number of eligible homebuyers and motivate people to buy smaller, less expensive houses. They may lead to people not buying a home at all, which could impact the housing market.

Carrying mortgage and debt into retirement: Recent survey data suggests that many baby boomers are carrying mortgages or other debt into retirement. Consequently, these people may not have accumulated as much home equity as they would like and may be more vulnerable to an increase in interest rates.

“If your retirement is only a few years away, it is wise to try and pay off your mortgage before you enter retirement,” says Laura Parsons, Mortgage Expert, BMO Bank of Montreal. “On the other end of the spectrum, for younger Canadians entering homeownership, it’s important to consider options that will ensure mortgage debt can be paid down faster and well before their retirement years.”

Parsons says choosing a shorter amortization and taking advantage of pre-payment privileges where possible is one way to achieve a mortgage-free retirement.

Canadians are advised to be cautious about relying too much on their home equity to fund retirement. Instead, BMO suggests monitoring and taking action to reduce household debts and increasing personal savings for retirement by establishing a sound financial plan. Such a plan should incorporate regular contributions to an RRSP and creating a diversified portfolio.

To view the full report, please visit: bmo.com/retirementinstitute.

C

N

CONNECTING FAMILIES TO HOMES PRESENTED BY PRAIRIE LIFE DEVELOPMENTS

www.theoaksidc.ca

COME SEE OUR SPECTACULAR DISPLAY SUITE SATURDAY & SUNDAY 1-5 pm 5-414 MAIN STREET The Oaks Condominiums are located only 8 minutes from the south Perimeter of Winnipeg in the community of Iles des Chenes. The community has much to offer to people of all ages.

A brand new recreation center offers on-site daycare facilities and is only a short walk from The Oaks. Two schools offer instruction in French and English. Within walking distance you can find existing amenities such as a pizza restaurant, hair salon, post office, general store and a law office, a new pharmacy is planned to open in the very near future.

PHASE1 SOLD OUT! NOW PRESELLING PHASE2 & PRESELLING PHASE3

STARTING AT $209,900 (INCLUDES NET GST) OCCUPANCY SPRING, 2013

DISPLAY SUITE NOW OPEN OR CALL TO BOOK FOR A PRIVATE VIEWING

The units offer 1200 square feet of open concept living on the main floor complete with 2 piece bath. The second floor encompasses 3 good sized bedrooms and laundry station. The 4 piece bathroom can be accessed from the master bedroom as well as the hallway. The basement offers 600 sq. ft. for future development as well as roughed-in plumbing for 4 piece bath has been included.

One parking spot is provided per unit with the option of purchasing an additional stall for a second vehicle (first come basis).

These units are evidence to good planning and superb quality construction by Prairie Life Developments. The Oaks are well suited to young families, young working professionals and retired folks as well.

Nowhere else can these well priced 2 storey homes be found.

The response emanating from Parade of Homes has been overwhelmingly positive.

Come enjoy sitting out on your covered front porch or barbecuing on your 10 x 6 back deck in a friendly Manitoba community.

RENEE DEWAR 140 -600 ST. ANNE’S RD, WINNIPEG, MB R2M 2S2 204 979LIST@GMAIL.COM I WWW.979LIST.COM

204.979.LIST(5478) REALTY EXECUTIVES DIAMOND GROUP

Looking for Prime Furnished Suites in

Fort Garry Place offers completely furnished one and two bedroom suites for short or extended term stays at very competitive rates. Included in the rate: in-suite laundry, weekly housekeeping, parking, utilities, high-speed internet, use of the pool, gym facilities on a pay as you go basis or monthly membership. Excellent downtown location, close to the Forks, shops, restaurants.

For More INForMatIoN call 949-1010 eXt. 263

Fort Garry Place offers a unique environment that blends old-world charm with modern convenience.

“We moved last fall for a larger space at a reasonable price and Fort Garry Place had all the features we were looking for.

The facilities are modern and well–maintained. The Fort Garry staff are courteous, very helpful and professional, they’re always available when we need them. The on-site amenities are great as well, there’s a store, dry cleaning, restaurants and it’s just a short walk to the Forks”

Geri Neilson Office Administrator, Affinity Achitecture

• On-site management and maintenance staff as well as affordable enclosed parking • Affordable amenities for the busy executive including convenient access to entertainment, dining, shopping and the historic forks market • Wheelchair access from street level • Fully equipped gym, indoor pool and hot tub (membership required) as well as convention and banquet areas

es in Downtown Winnipeg?

Furnished apartments for business travellers. For information about our furnished suites please contact the Leasing office at 949-1010 ext. 263

GRACING

THE

WINNIPEG SKYLINE SINCE 1987

For commercial leasing opportunities please contact the administration office:

957-5904 Office hours: Monday - Friday 8:00 - 4:30 p.m.

Unit MZ 50 - 81 Garry St., Winnipeg W INNIPEG ’ S C OMMERCIAL P ROPERTY G UIDE

00

CONDOS FOR SALE IN A BEAUTIFUL CHARACTER BUILDING IN

ST. BONIFACE Beautiful one bedroom units across

from

Coronation

Park. Newly renovated units.

ONLY 3 UNITS LEFT

Combine the best of modern convenience with the charm and character of yesteryear. Call to visit the gorgeous show suite and choose your unit TODAY.

SUITES STARTING AT

136,900

$

3 - 1 bedroom units includes 1 parking stall $136,900 1 - 2 bedroom unit includes 2 parking stalls $154,900

TO VIEW CALL FOR AN APPOINTMENT

Steve Joyal 204.955.3900

Ron Lindsay 204.797.4020

y

0

Homes that defy the ordinary.

For a list of all current StreetSide projects, please visit www.streetside.ca

Think Condo. Think StreetSide. | www.streetside.ca

immediate possession available!

HAVE YOU SEEN? 200 Greenway Crescent West in St. James!

THE BEST IN THE WEST! for Location, Price and Style!

COMPLETELY RE-ENGINEERED! • Redecorated to the highest quality standards • New In-ground Pool • New Kitchens • New Gorgeous Bathrooms • New Eco-friendly landscaping

1, 2 & 3 Bedroom Townhome Condominiums for Sale starting at

169,900

$

PRE-CONSTRUCTION PRICING $20,000 BELOW APPRAISED VALUE. LIMITED OFFER

200 GREENWAY CRES. W (OFF PORTAGE AVE.)

Marketing by RE/MAX professionals

477-0500 GLEN/BRUCE HARVEY

DISPLAY HOURS: Sat & Sun 1 - 5pm Mon, Tue, Wed, Thu 3 - 7pm