Calgary New Condo Guide - Feb 6, 2015

Mar 7 - Apr 4, 2014 Volume 17 Issue 03

INSIDE THIS ISSUE

THE CONDOMINIUM RESERVE FUND

CALGARY’S DELECTABLE FOODIE SCENE

STYLE FILE: LIGHTEN UP FOR SPRING

THE MOST ANTICIPATED HOMES IN VICTORIA PARKTHEGUARDIANCALGARY.COM

Feb 6 - Mar 6, 2015 Volume 18 Issue 2

INSIDE THIS ISSUE

CALGARY HOUSING OUTLOOK: SOLID GROWTH AHEAD

3 THINGS TO WATCH IN CANADA’S HOUSING MARKET

THE MORTGAGE RATE WARS RAGE ON

Building One is sold out, few units remain in Building Two and Building Three is selling fast. Make your move today and make your dream a reality at Champagne – Calgary’s only pre-cast concrete residences with exceptional designer finishings and premium riverside location.

790 - 1125 SQ. FT. ONE BEDROOMS FROM THE LOW $300S

1220 - 1695 SQ. FT. TWO BEDROOMS FROM THE LOW $500S

Presentation Gallery - 350 Quarry Park Blvd SE Mon. to Thur. - Noon to 8pm • Fri - Closed • Sat & Sun - Noon to 5pm

remingtoncorp.com • 403.930.6900

2012

CHBA - Calgary Region

How did engineering protect Quarry Park from the Flood of 2013? Visit our Presentation Gallery to learn more.

BUILDING FOUR NOW RELEASED

Sales Centre Hours: Mon-Thur: 2 pm-8 pm

Sat, Sun + Holidays: Noon-5 pm

Closed FridaysCONDOS + TOWNS

Built for real life.CARDELCONDOS.COM

*Prices subject to change without notice. Subject to availability. Rendering is artist’s concept only. Subject to change without notice.

Visit cardelcondos.com for all our current and upcoming projects.

SALES CENTRE ANDSHOW SUITE NOW OPEN

105 Auburn Meadows Dr SE403.371.6014

1+2 BDRM CONDOS

$159,900+ GST

FROM ONLY3 BDRM TOWNHOMES WITH DOUBLE GARAGE

OPENING SOON!Register today!403.241.8975

BACKS ONTO PARK

175 Panatella Hill NW403.241.8975

1+2 BDRM CONDOS

GREAT NW LOCATION

7 CONDO FLOORPLANS

(Pre-selling from Panorama West)

Make your move with Cardel Lifestyles CALGARY’S BEST CONDO + TOWNHOME VALUE

$209,900+ GST

CONDOS STARTING FROMGRAND OPENING

5 NEW SHOW SUITESSAT, FEB 28 | NOON - 5 PM

Close to Fish Creek Park | Bigger windows for brighter living | 9' ceilings on every floor | Close to hospitalRegister today for community updates and VIP selection status. 522 Cranford Dr SE | 403.457.2670

QUICK POSSESSIONS NOW SELLING

3

4

SOUTHWEST

THEGUARDIANCALGARY.COMDeveloped by Hon Developments. Renderings are artist’s interpretation. Prices subject to change without notice. E&EO.

PRESENTATION CENTRE 456-12TH AVENUE SE MON – THURS 12 – 6PM TEL 403 800 3368 SAT & SUN 12 – 5PM

SUITE 02 814 SQ FT + 79 SQ FT Balcony Starting at $455,900


SUITE 07 904 SQ FT + 115 SQ FT Balcony* Starting at $535,900


The Guardian’s two-bedroom, two-bathroom suites offer panoramic double-exposure views of the city, rivers and mountains from Calgary’s tallest residential tower.

FEATURES• Imported Italian Armony Cucine cabinetry and professional-grade induction cooktops by AEG

• Optimized fl oor plans and open concept interior design

• First-class amenities: Fitness centre and yoga studio, workshop, social lounge and garden terrace*Includes parking space for two vehicles

A NEW PERSPECTIVE ON URBAN LIVING

GII_0914-NCG_2Bed_final.indd 1 2014-09-17 5:06 PM

PRESENTATION CENTRE NOW OPEN | WEST 85th in West Springs | #2118, 8561 - 8A Avenue SW | 403.474.4875

THEGUARDIANCALGARY.COMDeveloped by Hon Developments. Renderings are artist’s interpretation. Prices subject to change without notice. E&EO.

PRESENTATION CENTRE 456-12TH AVENUE SE MON – THURS 12 – 6PM TEL 403 800 3368 SAT & SUN 12 – 5PM





The Guardian’s two-bedroom, two-bathroom suites offer panoramic double-exposure views of the city, rivers and mountains from Calgary’s tallest residential tower.

FEATURES• Imported Italian Armony Cucine cabinetry and professional-grade induction cooktops by AEG

• Optimized fl oor plans and open concept interior design

• First-class amenities: Fitness centre and yoga studio, workshop, social lounge and garden terrace*Includes parking space for two vehicles

A NEW PERSPECTIVE ON URBAN LIVING

GII_0914-NCG_2Bed_final.indd 1 2014-09-17 5:06 PM

PRESENTATION CENTRE NOW OPEN | WEST 85th in West Springs | #2118, 8561 - 8A Avenue SW | 403.474.4875

7

10 Editor’s note

18 Qualex-LandmarkCapitalizing on Calgary’s demand for inner-cityurban living

20 CalgaryismPet policies and your new condoby Cody Battershill

22 In The NewsBank of Canada drops keylending rate to 3/4 per cent

26 FinancesThink beyond rates whenmortgage shopping

30 In The NewsHome prices strollingversus bounding

32 Housing OutlookRecord years give way to solid growthby Wayne Karl

38 Homes by AviHomes by Avi Groupof Companies fi nalist for2014 National SAM Awards

40 MarketplaceTrend watch 2015by Sara Duck

46 Contemplating condominiumsYou and your condominium community by Linda Palfi

52 Mortgage AdviceWhy you should pay attentionto the Bank of Canadaby Alyssa Richard

54 Homebuyers’ HelpThree things to watchin Canada’s housingmarket this yearby Wayne Karl

56 Investor AdviceThe mortgage rate warsrage onby Andrew la Fleur

58 The HomebuyingProcessSome bright ideas tolight up your new homeby Donna Moore

11

COLUMNS / NEWS / HOMEBUYERS’ HELP

COVER STORY

FEB 6 – MAR 6, 2015 VOLUME 18 ISSUE 02

CONTENTS

Residences at The GuardianA coveted address in Calgary’s tallest residential towers by Heather Ryan

008-009 TOC Cal NCG_Feb 6_L.indd 12 1/30/15 12:25 PM

60 In The NewsLuxury homes selling like hotcakes; sales see double-digit increasesby Lydia McNutt

62 Condo Buyer’s Checklist

63 Condo Buyer’s Resource SectionYou love the condo, see what you can a� ord!

66 Advertiser Index

CONDO PROFILES

ARRIVE AT EVANSTON by Partners Development Group New townhome enclave “Arrive”-ing — By Heather Ryan

28

CONTENTS

BRISTOL TOWNHOMES by Birchwood Properties Last chance to purchase in Bristol Townhomesin Quarry Park — By Heather Ryan

50

PROJECT LOCATION MAPS

15 Inner City

25 Northwest Map

37 Southwest Map

43 Satellite Communities

49 Southeast Map

61 Northeast Map

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES, NATIONAL

Josh Heppner

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

ART DIRECTOR

Daiana Garay

EDITOR

Lydia McNutt

CONTRIBUTING EDITORS

Sara Duck Wayne KarlElisa Krovblit

DESIGN EDITOR

Yanic Simard

Media Consultant

Natalie Houghton 587.226.1313Like us on Facebook:

search: CalgaryNewCondoGuide

PRODUCTION MANAGER

Bala Gnanapandithan

PRODUCTION CO-ORDINATOR

Greg Van Sluytman

GRAPHIC DESIGNER

Viosa Barileva

2891 Sunridge Way N.E.Calgary, AB T1Y 7K7COPYRIGHT 2015 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers.

Wall2Wall Media is a trademark of YellowPages Group Co. in Canada.

ADVERTISING RATEST 587.226.1313email [email protected]

CIRCULATION Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers.

EDITORIAL Submissions from interestedparties will be considered. Please submit to [email protected]

The views and data expressed by columnists do not necessarily represent those of the publication.

Please recycle this magazine! Wall2Wall Media participates in the Partner’s In Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over two 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.

newhomeandcondoguide.ca

Published By

008-009 TOC Cal NCG_Feb 6_L.indd 13 1/30/15 12:25 PM

COVER STORY

A coveted address in Calgary’s tallest residential towers

By Heather Ryan

RISING HIGH INTO CALGARY’S skyline, the two towers of The Guardian are quickly becoming a recognizable landmark as the city’s tallest residential towers in the coveted, up-and-coming Victoria Park neighbourhood.

Residences at The Guardian are proving to be a hit with savvy buyers, who are drawn by the modern design, exceptional finishes, stellar location and outstanding value.

The Guardian North, which sold out quickly, already soars to 44 storeys and is completed to its full height with possessions expected to begin this spring. Its twin, The Guardian South, is not far behind in construction, still rising at 35 storeys and more than 50 per cent sold.

“With the first tower sold out, sales are going extremely well in Guardian South,” says Ernest Hon, director of sales and marketing at Hon Developments. “We are getting a great response from Calgary homebuyers who appreciate that not all square feet are made equal.”

“Our floor plans are designed with the resident in mind; living spaces are generously proportioned to allow flexibility in furniture layout and we’ve carefully optimized the suites to avoid any wasted space,” Hon explains.

011-013 cvr story-Guardian_VB_L.indd 20 1/30/15 1:23 PM

10 NEW CONDO GUIDE | VOLUME 18 ISSUE 02 | NewHomeAndCondoGuide.ca

SUSAN LEGGEEditor-in-chief

[email protected]

Follow me on Twitter atTwitter.com/SusanLegge

Like us on FacebookSearch: Condo Guide

LYDIA MCNUTTEditor

[email protected]

Follow me on Twitter atTwitter.com/LydiasTweets

EDITOR’S NOTE

HOW LOW CAN RATES GO?TIME WILL TELL!Just when we thought interest rates couldn’t get any lower, the Bank of Canada’s decision to drop its key lending rate to 0.75 per cent came as a shock, and the big banks followed suit by reducing their mortgage rates. The old adage, “expect the unexpected” has never been more true.

To prepare for the unexpected, get pre-approved for a mortgage. With a pre-approval in hand, you’re protected if rates rise; if they go down (and TD has reportedly predicted that another drop in the Bank rate is coming!), then you’ll likely get an even lower rate.

A pre-approval can be a win-win situation for home shoppers, since it means you don’t have to wait to get fi nancing approval when you put in an o� er. This is an especially good tool to have when markets are hot. Removing the “conditional on fi nancing” clause could mean your o� er is accepted fi rst since you already have it in place.

So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any signifi cant upward movement in 2015. However, we can’t just assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders o� er online pre-approvals to make the process faster and easier.

Take advantage, while you still can!

THE “NEW” DREAM HOMEThere’s a new dream home on the market! With a growing population, increasingdemand for homes and rising prices, there are two places for homebuyers to go– out (out of town, that is) and up!

Condominiums have risen in popularity among buyers looking for convenience and cost-e� ectiveness – and not just fi rst-time homebuyers, either. More and more, we’re seeing condos become the home of choice for families, thanks totheir prime locations, convenient lifestyle and the a� ordability they o� er.

Home builders today are designing condos with e� cient layouts and smart features, and they’re not just “small but sweet” spaces anymore either. The rising trend of three-bedroom suites across Canada welcomes those who choose to call condos “home” as their family grows and their needs change through the years.

When hunting for your next home, think about what’s most important to you – now, and in the future.

A successful home search will balance price, location and amenities. Do your research, explore all avenues – downtown and out-of-town – and see what your budget can buy. Take your time, know what’s important to you, and you’re sure to fi nd happiness and a new home that you’ll love!

010 Editors Note-Family sized condos_L.indd 2 1/30/15 12:26 PM

COVER STORY

A coveted address in Calgary’s tallest residential towers

By Heather Ryan

RISING HIGH INTO CALGARY’S skyline, the two towers of The Guardian are quickly becoming a recognizable landmark as the city’s tallest residential towers in the coveted, up-and-coming Victoria Park neighbourhood.

Residences at The Guardian are proving to be a hit with savvy buyers, who are drawn by the modern design, exceptional finishes, stellar location and outstanding value.

The Guardian North, which sold out quickly, already soars to 44 storeys and is completed to its full height with possessions expected to begin this spring. Its twin, The Guardian South, is not far behind in construction, still rising at 35 storeys and more than 50 per cent sold.

“With the first tower sold out, sales are going extremely well in Guardian South,” says Ernest Hon, director of sales and marketing at Hon Developments. “We are getting a great response from Calgary homebuyers who appreciate that not all square feet are made equal.”

“Our floor plans are designed with the resident in mind; living spaces are generously proportioned to allow flexibility in furniture layout and we’ve carefully optimized the suites to avoid any wasted space,” Hon explains.


SUSAN LEGGEEditor-in-chief

[email protected]

Follow me on Twitter atTwitter.com/SusanLegge

Like us on FacebookSearch: Condo Guide

LYDIA MCNUTTEditor

[email protected]

Follow me on Twitter atTwitter.com/LydiasTweets

EDITOR’S NOTE

HOW LOW CAN RATES GO?TIME WILL TELL!Just when we thought interest rates couldn’t get any lower, the Bank of Canada’s decision to drop its key lending rate to 0.75 per cent came as a shock, and the big banks followed suit by reducing their mortgage rates. The old adage, “expect the unexpected” has never been more true.

To prepare for the unexpected, get pre-approved for a mortgage. With a pre-approval in hand, you’re protected if rates rise; if they go down (and TD has reportedly predicted that another drop in the Bank rate is coming!), then you’ll likely get an even lower rate.

A pre-approval can be a win-win situation for home shoppers, since it means you don’t have to wait to get fi nancing approval when you put in an o� er. This is an especially good tool to have when markets are hot. Removing the “conditional on fi nancing” clause could mean your o� er is accepted fi rst since you already have it in place.

So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any signifi cant upward movement in 2015. However, we can’t just assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders o� er online pre-approvals to make the process faster and easier.

Take advantage, while you still can!

THE “NEW” DREAM HOMEThere’s a new dream home on the market! With a growing population, increasingdemand for homes and rising prices, there are two places for homebuyers to go– out (out of town, that is) and up!

Condominiums have risen in popularity among buyers looking for convenience and cost-e� ectiveness – and not just fi rst-time homebuyers, either. More and more, we’re seeing condos become the home of choice for families, thanks totheir prime locations, convenient lifestyle and the a� ordability they o� er.

Home builders today are designing condos with e� cient layouts and smart features, and they’re not just “small but sweet” spaces anymore either. The rising trend of three-bedroom suites across Canada welcomes those who choose to call condos “home” as their family grows and their needs change through the years.

When hunting for your next home, think about what’s most important to you – now, and in the future.

A successful home search will balance price, location and amenities. Do your research, explore all avenues – downtown and out-of-town – and see what your budget can buy. Take your time, know what’s important to you, and you’re sure to fi nd happiness and a new home that you’ll love!

010 Editors Note-Family sized condos_L.indd 2 1/30/15 12:26 PM


The Guardian South has a variety of plans available with one-bedrooms ranging from 441 to 572 sq. ft., two-bedrooms from 809 sq. ft. to 979 sq. ft., and the remarkable Paramount Suites, which have interior spaces of up to 2,619 sq. ft.

And while The Guardian itself is soaring to new heights, its prices remain affordable, with one-bedrooms starting at $264,900 and two-bedrooms at $445,900. The luxurious Paramount Suites start at $1.4 million.

Each of the homes at The Guardian has floor-to-ceiling windows including expansive windows in every bedroom and oversized balconies, so residents can enjoy sweeping panoramic views, says Hon. “The Guardian’s unique vantage point amongst the lowrise buildings of the historic warehouse district in Victoria Park means that these units will always have magnificent and largely unobstructed views of the city skyline, rivers and mountains.”

The modern open-concept interiors feature high-quality finishes than span throughout the suite like the wide-plank laminate hardwood flooring. The kitchens are gorgeous, featuring high-end cabinetry manufactured in Italy by Armony Cucine, polished quartz countertops and

The appliances are sleekly integrated into the cabinetry and include a professional-grade induction cooktop by Germany’s AEG


For more information, visit The Guardian’s award-winning presentation centre in the historic Victoria Park Bungalow Schoolhouse at 456 12th Ave.

S.E, open Monday to Thursday, noon to 6 p.m.; and weekends, noon to 5 p.m. Call 403.800.3368 or visit theguardiancalgary.com.

linear aluminum or glass backsplashes. The appliances are sleekly integrated into the cabinetry and include a professional-grade induction cooktop by Germany’s AEG. Armony Cucine cabinetry can also be found in the elegant bathrooms that feature sleek polished chrome fixtures, frameless glass showers and a unique micro-mosaic tile feature wall.

The Guardian also presents distinctive modern architecture highlighted by glass window walls and metal panels that, combined with its remarkable height, make a dramatic impact on the skyline and a coveted address by its residents.

Hon notes that with construction ahead of schedule, purchasers can be confident that their homes will be completed on time with possessions beginning this spring in The Guardian North and next spring in The Guardian South.

The towers are comprised of 620 condo units with a mixed-use podium that will contain parking, residential amenities, retail and live/work units. The Guardian features an impressive set of on-site amenities, including a fully equipped fitness centre, yoga studio, workshop, residents’ social lounge and rooftop garden terrace.

Of course, one of The Guardian’s major appeals is the Victoria Park neighbourhood, which has seen a dramatic transformation with many of the historic warehouses being converted into creative studios, innovative small businesses and hip new restaurants and cafes. Savvy homebuyers are certain to appreciate the value of buying into a neighbourhood that is now welcoming an influx of new residents, businesses, and new cultural amenities such as the nearby National Music Centre.

Strategically located across from Stampede Park, The Guardian is central to a wide range of conveniences. “The Guardian embraces urban living with easy access to downtown, the rivers, East Village, 17th Avenue and Inglewood.”


NewHomeAndCondoGuide.ca | VOLUME 18 ISSUE 02 | NEW CONDO GUIDE 13

The Guardian South has a variety of plans available with one-bedrooms ranging from 441 to 572 sq. ft., two-bedrooms from 809 sq. ft. to 979 sq. ft., and the remarkable Paramount Suites, which have interior spaces of up to 2,619 sq. ft.

And while The Guardian itself is soaring to new heights, its prices remain affordable, with one-bedrooms starting at $264,900 and two-bedrooms at $445,900. The luxurious Paramount Suites start at $1.4 million.

Each of the homes at The Guardian has floor-to-ceiling windows including expansive windows in every bedroom and oversized balconies, so residents can enjoy sweeping panoramic views, says Hon. “The Guardian’s unique vantage point amongst the lowrise buildings of the historic warehouse district in Victoria Park means that these units will always have magnificent and largely unobstructed views of the city skyline, rivers and mountains.”

The modern open-concept interiors feature high-quality finishes than span throughout the suite like the wide-plank laminate hardwood flooring. The kitchens are gorgeous, featuring high-end cabinetry manufactured in Italy by Armony Cucine, polished quartz countertops and

The appliances are sleekly integrated into the cabinetry and include a professional-grade induction cooktop by Germany’s AEG


For more information, visit The Guardian’s award-winning presentation centre in the historic Victoria Park Bungalow Schoolhouse at 456 12th Ave.

S.E, open Monday to Thursday, noon to 6 p.m.; and weekends, noon to 5 p.m. Call 403.800.3368 or visit theguardiancalgary.com.

linear aluminum or glass backsplashes. The appliances are sleekly integrated into the cabinetry and include a professional-grade induction cooktop by Germany’s AEG. Armony Cucine cabinetry can also be found in the elegant bathrooms that feature sleek polished chrome fixtures, frameless glass showers and a unique micro-mosaic tile feature wall.

The Guardian also presents distinctive modern architecture highlighted by glass window walls and metal panels that, combined with its remarkable height, make a dramatic impact on the skyline and a coveted address by its residents.

Hon notes that with construction ahead of schedule, purchasers can be confident that their homes will be completed on time with possessions beginning this spring in The Guardian North and next spring in The Guardian South.

The towers are comprised of 620 condo units with a mixed-use podium that will contain parking, residential amenities, retail and live/work units. The Guardian features an impressive set of on-site amenities, including a fully equipped fitness centre, yoga studio, workshop, residents’ social lounge and rooftop garden terrace.

Of course, one of The Guardian’s major appeals is the Victoria Park neighbourhood, which has seen a dramatic transformation with many of the historic warehouses being converted into creative studios, innovative small businesses and hip new restaurants and cafes. Savvy homebuyers are certain to appreciate the value of buying into a neighbourhood that is now welcoming an influx of new residents, businesses, and new cultural amenities such as the nearby National Music Centre.

Strategically located across from Stampede Park, The Guardian is central to a wide range of conveniences. “The Guardian embraces urban living with easy access to downtown, the rivers, East Village, 17th Avenue and Inglewood.”



INNER CITY

9 AVE S

26 AVE S

11 AVE S

12 AVE S

17 AVE S

26 AVE S

23 AVE S

TALISMAN SPORTS CENTRE

MILLENNIUMPARK

GREYHOUNDBUS TERMINAL

COLONELBELCHERHOSPITAL

CITYHALL

CONVENTIONCENTRE

PRINCE’S ISLAND PARK

ROTARYPARK

RILEYPARK

EAU CLAIREMARKET

MOUNT ROYALVILLAGE

CALGARY EXIBITION AND

STAMPEDE PARK

FORTCALGARY

MAC

LEO

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4 AVE S

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5 AVE N6 AVE N 2 A

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VICTORIA PARK /STAMPEDE STATION

ERLTON /STAMPEDE STATION

SUNNYSIDESTATION

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04

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11 SOBOW BY M2I DEVELOPMENTS CORPORATION 1640 17A St.

12 KENSINGTON BY BUCCI 301 10th St. NW

13 FIRST BY FRAM + SLOKKER East Village Experience Centre 553 Riverfront Ave. SE

14 AVLI ON ATLANTIC BY RED MANAGEMENT 1220 9th Ave.

16 STEPS BRIDGELAND BY GIUSTINI BRIDGES IN. Sales Centre 921 - 1st Ave. NE

17 916 BY SABLE DEVELOPMENTS 916 Memorial Drive

18 EVOLUTION BY EMBASSY BOSA INC. East Village Experience Centre 553 Riverfront Ave. SE

19 VERVE BY FRAM + SLOKKER Sales Centre Now Open in East Village

20 LIDO BY BATTISTELLA Sales Centre 1120 Kensington Rd

21 V&V BY PROVIDENCE GROUP Register: einsteincalgary.com

22 ALEX BY ASSURED COMMUNITIES Presentation Centre: 2719 14th St. SW

23 MISSION 34 BY ASSURED COMMUNITIES 98 Mission Road SW mission34.ca

25 BRIDGELAND HILL BY GABLECRAFT HOMES 516 Edmonton Tr. NE

01 RIVERFRONT POINTE BY CARLISLE GROUP 101 Riverfront Avenue S.E.

02 PARK POINT BY QUALEX-LANDMARK Coming Soon Register now at Qualex.ca/ParkPoint

03 43 PARK BY VERICON REAL ESTATE VENTURES 43park.ca

04 WATERFRONT BY ANTHEM PROPERTIES 216 Riverfront Ave. S.W.

05 THE GUARDIAN BY HON TOWERS 12th Ave SE at 3rd St.

06 AVENUE BY GROSVENOR & CRESSEY 1035 5th Ave. SW

07 SMITH BY GROSVENOR Visit Sales Centre at 850-16th Ave. SW, 2nd Floor

08 DISTRICT BY BOULEVARD INVESTMENTS Sales Centre Now Open 305 18th Ave. SW

09 LiFFT BY VERICON REAL ESTATE VENTURES Coming soon to Renfrew-Bridgeland liveLiFFT.com

10 BRIDGELAND CROSSINGS BY GABLECRAFT HOMES bridgelandcrossings.ca

INNER CITY

3

1625

21

08

20

12

24

05

17

06

1114

19

1318

2322

02

UNDER CONSTRUCTION

“Let me get that for you.”

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

NOW SELLING: Presentation Centre 2nd Floor 850 16th Ave SW M–TH 12–6pm. S+S 12–5pm 403.264.1703 smith17.com

Living cities

Welcome to Smith: a boutique collection of homes in the Beltline with an

on-duty concierge who signs for packages, lets friends into your home and

finds countless other ways to make life easier. Add in a stylish home built

by Grosvenor, a world leader in crafting special homes, and suddenly,

deciding why to buy just got easier too.

HOMES BELOW $300,000 STILL AVAILABLE.

15 AVE SW

17 AVE SW THE BELTLINE

7 ST

SW

8 ST

SW

16 AVE SW

6 ST

SW


9 AVE S

26 AVE S

11 AVE S

12 AVE S

17 AVE S

26 AVE S

23 AVE S

TALISMAN SPORTS CENTRE

MILLENNIUMPARK

GREYHOUNDBUS TERMINAL

COLONELBELCHERHOSPITAL

CITYHALL

CONVENTIONCENTRE

PRINCE’S ISLAND PARK

ROTARYPARK

RILEYPARK

EAU CLAIREMARKET

MOUNT ROYALVILLAGE

CALGARY EXIBITION AND

STAMPEDE PARK

FORTCALGARY

MAC

LEO

D T

R

OLY

MPI

C W

Y8 ST

W

10 S

T W

5 ST

W

4 ST

W

10 S

T W

PROSPECT AVE

2 ST

W

1 ST

W

1 ST

E

5 ST

W

CLI

FF S

T

4 ST

W

6 AVE S

5 AVE S

4 AVE S

4 AVE

5 AVE N6 AVE N 2 A

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VICTORIA PARK /STAMPEDE STATION

ERLTON /STAMPEDE STATION

SUNNYSIDESTATION

01

04

07

11 SOBOW BY M2I DEVELOPMENTS CORPORATION 1640 17A St.

12 KENSINGTON BY BUCCI 301 10th St. NW

13 FIRST BY FRAM + SLOKKER East Village Experience Centre 553 Riverfront Ave. SE

14 AVLI ON ATLANTIC BY RED MANAGEMENT 1220 9th Ave.

16 STEPS BRIDGELAND BY GIUSTINI BRIDGES IN. Sales Centre 921 - 1st Ave. NE

17 916 BY SABLE DEVELOPMENTS 916 Memorial Drive

18 EVOLUTION BY EMBASSY BOSA INC. East Village Experience Centre 553 Riverfront Ave. SE

19 VERVE BY FRAM + SLOKKER Sales Centre Now Open in East Village


21 V&V BY PROVIDENCE GROUP Register: einsteincalgary.com



25 BRIDGELAND HILL BY GABLECRAFT HOMES 516 Edmonton Tr. NE

01 RIVERFRONT POINTE BY CARLISLE GROUP 101 Riverfront Avenue S.E.

02 PARK POINT BY QUALEX-LANDMARK Coming Soon Register now at Qualex.ca/ParkPoint


04 WATERFRONT BY ANTHEM PROPERTIES 216 Riverfront Ave. S.W.

05 THE GUARDIAN BY HON TOWERS 12th Ave SE at 3rd St.

06 AVENUE BY GROSVENOR & CRESSEY 1035 5th Ave. SW

07 SMITH BY GROSVENOR Visit Sales Centre at 850-16th Ave. SW, 2nd Floor

08 DISTRICT BY BOULEVARD INVESTMENTS Sales Centre Now Open 305 18th Ave. SW

09 LiFFT BY VERICON REAL ESTATE VENTURES Coming soon to Renfrew-Bridgeland liveLiFFT.com

10 BRIDGELAND CROSSINGS BY GABLECRAFT HOMES bridgelandcrossings.ca

INNER CITY

3

1625

21

08

20

12

24

05

17

06

1114

19

1318

2322

02

UNDER CONSTRUCTION

“Let me get that for you.”

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

NOW SELLING: Presentation Centre 2nd Floor 850 16th Ave SW M–TH 12–6pm. S+S 12–5pm 403.264.1703 smith17.com

Living cities

Welcome to Smith: a boutique collection of homes in the Beltline with an

on-duty concierge who signs for packages, lets friends into your home and

finds countless other ways to make life easier. Add in a stylish home built

by Grosvenor, a world leader in crafting special homes, and suddenly,

deciding why to buy just got easier too.

HOMES BELOW $300,000 STILL AVAILABLE.

15 AVE SW

17 AVE SW THE BELTLINE

7 ST

SW

8 ST

SW

16 AVE SW

6 ST

SW

NOW SELLING IN 5 LOCATIONS

ALBERTA’s #1 CONDO BUILDERMAYBE IT’s BECAUsE WE’RE sO EAGER TO PLEAsE

Final Clearance. No Reasonable Offer Refused. Last 8 Units.

ALL uNITS COmE WITh furNITurE pACkAGE AT NO ExTrA ChArGE!

register at

CreeksideVillageCondos.com

artist’s concept only

fINAL phASE SELLING NOW!

RAILWAY AVE

YANKEE VALLEY BLVD SE

AIRDRIE ROAD NE

HIG

HW

AY 2

8 ST

MAI

N S

T

MC

KEN

ZIE

WAY

SaleS Centre HourS: Mon-thurs 2-8 pm Sat, Sun & Holidays 12-5 pm, Closed Fridays

#2105 - 403 MacKenzie Way SW airdrie, east of 8th Street

403.980.3334

executive furnished suitesearn up to $3000 month

GO tO rivpt.com

frOM the

$300’s

403.228.5872BY AppOINTmENT ONLY

1 Street SE

3 Street SE

Centre Street S

4 Avenue SE

5 Avenue SE

MacleodTrail SE

Riverfront Ave SE

Memorial Drive NE

less than 20 units remaining

ImmEdIATE pOSSESSIONS AvAILABLE!

GuArANTEEdBEST vALuE ANd prICE IN ThE INNEr CITY

Canadian Home Builders’

Association

AlbertparkStation.ca

12TH AVE. SE

17TH AVE. SE

27TH

ST.

SE

MEMORIAL DRIVE SE

BARL

OW

TRA

IL S

E

14TH AVE. SE

12TH AVE. SE

11TH AVE. SE

5TH AVE. SW

DOWNTOWN

LRT STATION

Project location

unit 5117, 2715 12 ave se.

sales centre hours: mon - thurs 12-6 pmsat, sun & holidays 12- 5 pm, closed Fridays

sales centre

403.470.6286


fOr mOrE INfOrmATION:

carlislegroup.ca 403.571.8426

ALBErT pArk: ShOW SuITE OpEN

AIrdrIE: ShOW SuITE OpEN

kINCOrA EmErALd SkY: COmING SOON

LEGACY: prESENTATION CENTrE OpEN

COChrANE: BY AppOINTmENT ONLY

EdmONTON: IN mANY LOCATIONS

NOW SELLING IN 5 LOCATIONS

ALBERTA’s #1 CONDO BUILDERMAYBE IT’s BECAUsE WE’RE sO EAGER TO PLEAsE

Final Clearance. No Reasonable Offer Refused. Last 8 Units.

ALL uNITS COmE WITh furNITurE pACkAGE AT NO ExTrA ChArGE!

register at

CreeksideVillageCondos.com


fINAL phASE SELLING NOW!

RAILWAY AVE

YANKEE VALLEY BLVD SE

AIRDRIE ROAD NE

HIG

HW

AY 2

8 ST

MAI

N S

T

MC

KEN

ZIE

WAY

SaleS Centre HourS: Mon-thurs 2-8 pm Sat, Sun & Holidays 12-5 pm, Closed Fridays

#2105 - 403 MacKenzie Way SW airdrie, east of 8th Street

403.980.3334

executive furnished suitesearn up to $3000 month

GO tO rivpt.com

frOM the

$300’s

403.228.5872BY AppOINTmENT ONLY

1 Street SE

3 Street SE

Centre Street S

4 Avenue SE

5 Avenue SE

MacleodTrail SE

Riverfront Ave SE

Memorial Drive NE

less than 20 units remaining

ImmEdIATE pOSSESSIONS AvAILABLE!

GuArANTEEdBEST vALuE ANd prICE IN ThE INNEr CITY

Canadian Home Builders’

Association

AlbertparkStation.ca

12TH AVE. SE

17TH AVE. SE

27TH

ST.

SE

MEMORIAL DRIVE SE

BARL

OW

TRA

IL S

E

14TH AVE. SE

12TH AVE. SE

11TH AVE. SE

5TH AVE. SW

DOWNTOWN

LRT STATION

Project location

unit 5117, 2715 12 ave se.

sales centre hours: mon - thurs 12-6 pmsat, sun & holidays 12- 5 pm, closed Fridays

sales centre

403.470.6286


fOr mOrE INfOrmATION:

carlislegroup.ca 403.571.8426

ALBErT pArk: ShOW SuITE OpEN

AIrdrIE: ShOW SuITE OpEN

kINCOrA EmErALd SkY: COmING SOON

LEGACY: prESENTATION CENTrE OpEN

COChrANE: BY AppOINTmENT ONLY

EdmONTON: IN mANY LOCATIONS

QLD 8002 Qualex_Park Point ParkPoint_AerialAd_NewCondoGuide_FebIssue.ai

20.01.15

19.01.15F SF

DOCKET # PROJECT FILE NAME

SIZEPROOF

INITIAL SETUP DESKTOP ARTIST

NOTES

SIGNATURE

C M Y K

OK as is

OK with changes

Supply new proof with changesMaterial deadline: Fri, Jan 23, 2015Run Date: FRIDAY, FEB 6, 2014 – FEB ISSUEPUBLICATION: NEW CONDO GUIDE - Calgary

Size: 7.5” x 10.5” + .25” bleedLive: 6.75” x 9.75”

d . m . y

d . m . y

DISCOVERY CENTRE

OPENING SOON

Calgary’s Oldest ParkCalgary’s NewestUrban Address

Artist rendering only. TM denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc. This is not an offering for sale. E.&O.E.

Own a new local landmark. Overlook the sparkling Calgary skyline from Park Point’s unique

setting and feel secure by investing in unobstructed views atop rare protected green space.

At night, enjoy starlight from your iconic urban tower. By day, soak in the natural sunlight and

blue skies while contemplating the gardens and places to venture to below.

Another original development by

CALGARY · PARKSIDE LIVING ON CENTRAL MEMORIAL PARK

COMING SOON · REGISTER NOW QUALEX.CA/PARKPOINT

CENTRAL PARK

12TH AVE SW

N2N

D S

T SW


IN THE NEWS

The Qualex-Landmark Group capitalizes on Calgary’s demand

for inner-city urban living

Qualex-Landmark Group of Companies, the most active condominium developer in Calgary’s Beltline Community, is adding another residential

community in the Beltline with the acquisition of the 0.7-acre site at the corner of 11th Avenue and 12th Street SW. It will be Qualex-Landmark Group’s seventh condominium building within the Beltline.

With $370 million in real estate sales and more than 1,000 homes built (or under construction) in the Beltline in the last 10 years, the developer continues to show enormous faith in the Calgary market.

“The urban lifestyle is becoming increasingly attractive, with walkability and the convenience of access to amenities. We are achieving success by tapping into the growing trend of ‘new urbanism’ as an increasing number of Albertans opt for downtown living,” says Mohammed Esfahani, president of Qualex-Landmark.

“The acquisition of this seventh site is another testament to Qualex-Landmark Group’s commitment to Calgary and long-term presence in the Beltline. The response to our communities has been phenomenal and we are pleased to be in a position to provide more first-class residential offerings to Calgary’s urbanites, as the appeal of an active, urban lifestyle continues to grow.”

The purchase of this new site further affirms Qualex-Landmark Group’s reputation as the Beltline’s most active condo developer and its continued focus on building in the heart of amenity-rich, mixed-use, high-density communities. Most recently, 274 one- and two-bedroom homes sold out at the Mark on 10th residential tower, and residents are expected to move in early 2016.

For Qualex-Landmark, the priority remains focused on its newest community, Park Point, located at 12th Avenue and 2nd Street SW. Further contributing to the vibrancy of Calgary’s Beltline, Park Point’s two towers, rising 34 and 27 floors, will create approximately 500 new residences overlooking Central Memorial Park, one of the oldest and most historic parks in Canada. Tower One will represent another $110 million in downtown Calgary real estate sales.

Situated on the former CIBC Operations Centre building site, Park Point will offer a modern interpretation of downtown living with a strong, sophisticated architectural vision and contemporary style. The elegant and innovative mixed-use residential tower will consist of a wide selection of one- and two-bedroom suites with

optional den / flex space, street-level live-work townhomes and penthouses. Buyers will have the flexibility to choose tailored floor plan options.

The first release of Park Point condos is anticipated for March 2015. The Park Point Discovery Centre will be located on site at 301 11th Ave. SW, corner of 11th Avenue and 2nd Street SW, across from Central Memorial Park.

Qualex-Landmark Group of Companies has created of more highrise residential communities in Calgary’s Beltline than any other developer. Designed by award-winning architectural firms like IBI Group, Rafii Architect and Zeidler BKDI Architects, projects in Calgary include Stella, Nova, Luna, Calla, Mark on 10th and Park Point.

Qualex-Landmark Group’s success is attributed to its ability to innovate and its dedication to quality and customer satisfaction. Those who register now at qualex.ca/parkpoint/ will be first to receive priority information on Park Point’s progress, early purchase opportunities and access to the widest range of available homes

Qualex-Landmark Group of Companies has an extensive track record of both residential and commercial real estate success in the highly competitive Vancouver and Calgary markets. The Qualex-Landmark Group has built its success on its ability to innovate and its dedication to customer satisfaction. Previous projects in Calgary include Stella, Nova, Luna, Calla and Mark on 10th. Visit online at qualex.ca for more information.

Park Point’s strikingly unique architectural façade will be a landmark of the neighbourhood. Image courtesy of Qualex-Landmark Union Inc.

018 News-Qualex_L.indd 18 1/30/15 12:27 PM

QLD 8002 Qualex_Park Point ParkPoint_AerialAd_NewCondoGuide_FebIssue.ai

20.01.15

19.01.15F SF

DOCKET # PROJECT FILE NAME

SIZEPROOF

INITIAL SETUP DESKTOP ARTIST

NOTES

SIGNATURE

C M Y K

OK as is

OK with changes

Supply new proof with changesMaterial deadline: Fri, Jan 23, 2015Run Date: FRIDAY, FEB 6, 2014 – FEB ISSUEPUBLICATION: NEW CONDO GUIDE - Calgary

Size: 7.5” x 10.5” + .25” bleedLive: 6.75” x 9.75”

d . m . y

d . m . y

DISCOVERY CENTRE

OPENING SOON

Calgary’s Oldest ParkCalgary’s NewestUrban Address

Artist rendering only. TM denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc. This is not an offering for sale. E.&O.E.

Own a new local landmark. Overlook the sparkling Calgary skyline from Park Point’s unique

setting and feel secure by investing in unobstructed views atop rare protected green space.

At night, enjoy starlight from your iconic urban tower. By day, soak in the natural sunlight and

blue skies while contemplating the gardens and places to venture to below.

Another original development by

CALGARY · PARKSIDE LIVING ON CENTRAL MEMORIAL PARK

COMING SOON · REGISTER NOW QUALEX.CA/PARKPOINT

CENTRAL PARK

12TH AVE SW

N

2ND

ST

SW

19

IN THE NEWS

The Qualex-Landmark Group capitalizes on Calgary’s demand

for inner-city urban living

Qualex-Landmark Group of Companies, the most active condominium developer in Calgary’s Beltline Community, is adding another residential

community in the Beltline with the acquisition of the 0.7-acre site at the corner of 11th Avenue and 12th Street SW. It will be Qualex-Landmark Group’s seventh condominium building within the Beltline.

With $370 million in real estate sales and more than 1,000 homes built (or under construction) in the Beltline in the last 10 years, the developer continues to show enormous faith in the Calgary market.

“The urban lifestyle is becoming increasingly attractive, with walkability and the convenience of access to amenities. We are achieving success by tapping into the growing trend of ‘new urbanism’ as an increasing number of Albertans opt for downtown living,” says Mohammed Esfahani, president of Qualex-Landmark.

“The acquisition of this seventh site is another testament to Qualex-Landmark Group’s commitment to Calgary and long-term presence in the Beltline. The response to our communities has been phenomenal and we are pleased to be in a position to provide more first-class residential offerings to Calgary’s urbanites, as the appeal of an active, urban lifestyle continues to grow.”

The purchase of this new site further affirms Qualex-Landmark Group’s reputation as the Beltline’s most active condo developer and its continued focus on building in the heart of amenity-rich, mixed-use, high-density communities. Most recently, 274 one- and two-bedroom homes sold out at the Mark on 10th residential tower, and residents are expected to move in early 2016.

For Qualex-Landmark, the priority remains focused on its newest community, Park Point, located at 12th Avenue and 2nd Street SW. Further contributing to the vibrancy of Calgary’s Beltline, Park Point’s two towers, rising 34 and 27 floors, will create approximately 500 new residences overlooking Central Memorial Park, one of the oldest and most historic parks in Canada. Tower One will represent another $110 million in downtown Calgary real estate sales.

Situated on the former CIBC Operations Centre building site, Park Point will offer a modern interpretation of downtown living with a strong, sophisticated architectural vision and contemporary style. The elegant and innovative mixed-use residential tower will consist of a wide selection of one- and two-bedroom suites with

optional den / flex space, street-level live-work townhomes and penthouses. Buyers will have the flexibility to choose tailored floor plan options.

The first release of Park Point condos is anticipated for March 2015. The Park Point Discovery Centre will be located on site at 301 11th Ave. SW, corner of 11th Avenue and 2nd Street SW, across from Central Memorial Park.

Qualex-Landmark Group of Companies has created of more highrise residential communities in Calgary’s Beltline than any other developer. Designed by award-winning architectural firms like IBI Group, Rafii Architect and Zeidler BKDI Architects, projects in Calgary include Stella, Nova, Luna, Calla, Mark on 10th and Park Point.

Qualex-Landmark Group’s success is attributed to its ability to innovate and its dedication to quality and customer satisfaction. Those who register now at qualex.ca/parkpoint/ will be first to receive priority information on Park Point’s progress, early purchase opportunities and access to the widest range of available homes

Qualex-Landmark Group of Companies has an extensive track record of both residential and commercial real estate success in the highly competitive Vancouver and Calgary markets. The Qualex-Landmark Group has built its success on its ability to innovate and its dedication to customer satisfaction. Previous projects in Calgary include Stella, Nova, Luna, Calla and Mark on 10th. Visit online at qualex.ca for more information.

Park Point’s strikingly unique architectural façade will be a landmark of the neighbourhood. Image courtesy of Qualex-Landmark Union Inc.

018 News-Qualex_L.indd 18 1/30/15 12:27 PM


By Cody Battershill

CALGARYISM

Cody Battershill is the founder of Calgaryism and a top producing realtor at Re/Max House of Real Estate. Cody has a passion for

helping his clients reach their real estate goals and showing off the best Calgary has to offer! He can be reached at 403.370.4180, on

Twitter @Calgaryismand Calgaryism.ca

AND YOUR NEW CALGARY CONDOPet policies

We love our pets. Where they go, we go, and that’s that! If this sentence describes you at all, and you fi nd yourself in the market for a new condominium, it’s crucial to know what the pet bylaws are at

any development you’re considering.A majority of Calgary condos have specifi c restrictions, such as a limitation

on how much your pet can weigh, how many are allowed, and what type of breeds are accepted.

Sometimes there will be a condo-wide restriction on pets all together. This can obviously be a deal-breaker for any pet lover.

All the details you need to know about the proposed bylaws will be available for your review, and you must review them!

Verify the pet policiesIf you would like to know what the pet policies are for any new Calgary condo, simply refer to the disclosure documents and proposed condominium bylaws to fi nd out.

In some instances, the documents will stipulate that you have to fi ll out a pet registration form so the new condominium board is familiar with the who, what, when, where and why when it comes to your pet.

If you have found a desirable unit and are thinking of making a move, be sure to include in your o� er that your pet is coming with you so that there are no surprises when moving in a few years down the road.

Written confi rmation is a must! Get the pet policy in writing so there are no surprises when it’s time to move in. If in doubt, research, read and understand the exact terms of pet ownership in the new condo.

Your pet-friendly condo searchThere are a number of options when searching for a new condominium that will also accommodate your pet. Contacting a new condo expert or experienced real estate agent is the best and easiest way to verify any pet policies if you don’t know how to do so yourself. This will prevent you from writing an o� er on a new condo that won’t allow your pet in the fi rst place.

After all, home would not be quite the same without our cute and lovable pet(s)!

There are a number of options when searching for a new condominium that will also accommodate your pet

020 Cody Battershill_VB_L.indd 18 1/30/15 12:36 PM

LUXURY BEGINS AT THE DOOR

Begin your Avenue experience with a greeting from your concierge at the porte cochere – a five-star

entryway that creates an unforgettable arrival for you and your guests. From there, the luxury continues

within the grand reception with its soaring ceilings and statement chandelier, a finely appointed lounge,

connecting sky bridges and state-of-the-art gym. At Avenue, you can leave to travel the world and then return

to a secure home that offers the same sophisticated living experience as the boutique hotels abroad.

ONE BEDROOM HOMES STARTING FROM $374,900 TWO BEDROOM HOMES STARTING FROM $571,900

CONSTRUCTION

UNDERWAY

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

10 S

T SW

5th AVE SW

PRESENTATION CENTRE: 1037 5th Avenue, SW, Calgary

Saturday & Sunday: 12pm–5pm Monday–Thursday: 12pm–6pm Closed Fridays

403-530-8455

AVENUEWESTEND.COM


By Cody Battershill

CALGARYISM

Cody Battershill is the founder of Calgaryism and a top producing realtor at Re/Max House of Real Estate. Cody has a passion for

helping his clients reach their real estate goals and showing off the best Calgary has to offer! He can be reached at 403.370.4180, on

Twitter @Calgaryismand Calgaryism.ca

AND YOUR NEW CALGARY CONDOPet policies

We love our pets. Where they go, we go, and that’s that! If this sentence describes you at all, and you fi nd yourself in the market for a new condominium, it’s crucial to know what the pet bylaws are at

any development you’re considering.A majority of Calgary condos have specifi c restrictions, such as a limitation

on how much your pet can weigh, how many are allowed, and what type of breeds are accepted.

Sometimes there will be a condo-wide restriction on pets all together. This can obviously be a deal-breaker for any pet lover.

All the details you need to know about the proposed bylaws will be available for your review, and you must review them!

Verify the pet policiesIf you would like to know what the pet policies are for any new Calgary condo, simply refer to the disclosure documents and proposed condominium bylaws to fi nd out.

In some instances, the documents will stipulate that you have to fi ll out a pet registration form so the new condominium board is familiar with the who, what, when, where and why when it comes to your pet.

If you have found a desirable unit and are thinking of making a move, be sure to include in your o� er that your pet is coming with you so that there are no surprises when moving in a few years down the road.

Written confi rmation is a must! Get the pet policy in writing so there are no surprises when it’s time to move in. If in doubt, research, read and understand the exact terms of pet ownership in the new condo.

Your pet-friendly condo searchThere are a number of options when searching for a new condominium that will also accommodate your pet. Contacting a new condo expert or experienced real estate agent is the best and easiest way to verify any pet policies if you don’t know how to do so yourself. This will prevent you from writing an o� er on a new condo that won’t allow your pet in the fi rst place.

After all, home would not be quite the same without our cute and lovable pet(s)!

There are a number of options when searching for a new condominium that will also accommodate your pet

020 Cody Battershill_VB_L.indd 18 1/30/15 12:36 PM

LUXURY BEGINS AT THE DOOR

Begin your Avenue experience with a greeting from your concierge at the porte cochere – a five-star

entryway that creates an unforgettable arrival for you and your guests. From there, the luxury continues

within the grand reception with its soaring ceilings and statement chandelier, a finely appointed lounge,

connecting sky bridges and state-of-the-art gym. At Avenue, you can leave to travel the world and then return

to a secure home that offers the same sophisticated living experience as the boutique hotels abroad.

ONE BEDROOM HOMES STARTING FROM $374,900 TWO BEDROOM HOMES STARTING FROM $571,900

CONSTRUCTION

UNDERWAY


10 S

T SW

5th AVE SW

PRESENTATION CENTRE: 1037 5th Avenue, SW, Calgary

Saturday & Sunday: 12pm–5pm Monday–Thursday: 12pm–6pm Closed Fridays

403-530-8455

AVENUEWESTEND.COM


IN THE NEWS

Bank of Canada drops key lending rate to 3/4 per cent

The Bank of Canada made a surprise move by cutting its overnight rate by one-quarter

of one percentage point to 0.75 per cent. Most economists expected the Bank, if anything, to increase the rate, which has been sitting at one per cent since September 2010. Instead, it lowered the rate in response to the sharp drop in oil prices, which is acting as a drag on economic growth.

The bank is now forecasting real GDP growth will slow to about 1.5 per cent in the first half of 2015, before

Canada’s economy gradually strengthens in the second half of the year. The Bank is projecting real GDP growth will average 2.1 per cent in 2015 and 2.4 per cent in 2016.

The economy is expected to return to full capacity around the end of 2016. Although there is considerable uncertainty around the Bank’s outlook, the negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank’s monetary policy response.

The oil price shock is occurring against a backdrop of solid and more broadly based growth in Canada in recent quarters, the Bank says.

“Outside the energy sector, we are beginning to see the anticipated sequence of increased foreign demand, stronger exports, improved business confidence and investment and employment growth.”

The Bank’s next rate announcement is March 4.

022 News-BoC drops rate_L.indd 46 1/30/15 12:27 PM

23

INNER CITYIN THE NEWS

Bank of Canada drops key lending rate to 3/4 per cent

The Bank of Canada made a surprise move by cutting its overnight rate by one-quarter

of one percentage point to 0.75 per cent. Most economists expected the Bank, if anything, to increase the rate, which has been sitting at one per cent since September 2010. Instead, it lowered the rate in response to the sharp drop in oil prices, which is acting as a drag on economic growth.

The bank is now forecasting real GDP growth will slow to about 1.5 per cent in the first half of 2015, before

Canada’s economy gradually strengthens in the second half of the year. The Bank is projecting real GDP growth will average 2.1 per cent in 2015 and 2.4 per cent in 2016.

The economy is expected to return to full capacity around the end of 2016. Although there is considerable uncertainty around the Bank’s outlook, the negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank’s monetary policy response.

The oil price shock is occurring against a backdrop of solid and more broadly based growth in Canada in recent quarters, the Bank says.

“Outside the energy sector, we are beginning to see the anticipated sequence of increased foreign demand, stronger exports, improved business confidence and investment and employment growth.”

The Bank’s next rate announcement is March 4.

022 News-BoC drops rate_L.indd 46 1/30/15 12:27 PM

24

NOSEHILLPARK

16 AVENUEOLD BANFF COACH ROAD

16 AVENUE CENT

RE S

TREE

T

EDM

ONT

ON

TRAI

L

14 S

TREE

T

85 S

TREE

T

GLENMORE TRAIL

69 S

TREE

T

BARL

OW

TRA

IL36

STR

EET

ME MOR IAL DR IV E

M

acLE

OD

TRAI

L

ANDERSON ROAD

SOUTHLAND DRIVE

BOW BOTTOM

TRAIL

MacLEOD TRAIL

MARQUIS OF LORNE TRAIL

JAMES M

cKEVITT

ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

L

SHAWNESSYBLVD.

GLENMORERESERVOIR

CROWCHILD TRAIL

BEDDINGTON TRAIL NW

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

STONEY TRAIL

COUNTRY HILLS BLVD.

DEER

FOOT T

RAIL

HARV

EST H

ILLS

BLVD

NE

DEERFOOT TRAIL

64 Ave

37 S

TREE

T

SARC

EE T

RAIL

17 Ave

32 Ave

16 AVENUE

FISH CREEK PARK

CALGARYINTERNATIONAL

AIRPORT

14 STREET

STONEY TRAIL NW

85 ST. NW

ROCKY RIDG

E BLVD.

SYMO

NS VALEY RD.

PANORAM

A ROAD

STONEY TRAIL NW

144 AVE NW.

SYM

ONS

VAL

LEY

PKW

Y

CENT

RE S

TREE

T

14TH

ST

NW

SYMONS VALLEY RD.COUNTRY HILLS BLVD.

NOSE

HILL

DR.

07 THE TIMBERS BY GABLECRAFT HOMES Sherwood Blvd at Sherwood Way NW Register Now www.thetimbers.gablecrafthomes.ca

08 CARNABY HEIGHTS BY JAYMAN MODUS Coming Spring 2015 Register: jayman.com/carnaby

09 NOLAN PARK BY CARDEL LIFESTYLES Coming Soon Register: cardelcondos.com

10 SAGE PLACE BY CARDEL LIFESTYLES Now Open Show suite 175 Panatella Hill NW

11 EZRA ON RILEY PARK BY BIRCHWOOD PROPERTIES Coming Soon Register today: Ezraonrileypark.com

14 UNIVERSITY CITY BY KNIGHTBRIDGE

15 THE GROVES OF VARSITY BY STATESMAN HOMES 5353 Crowchild Trail NW

18 SONOMA AT SAGE HILL BY VERTICAL PROPERTIES 881 Sage Valley Boulevard www.sonomasagehill.com

19 916 BY SABLE DEVELOPMENTS Sales Centre Now Open


22 AVIRA BY JAYMAN MODUS Sales Centre located on Evanspark Blvd. NW

NORTHWEST COMMUNITIES

01

15

14

0219

21

11

181009

0608

0305

01 PANORAMA WEST BY CARDEL LIFESTYLES 175 Panatella Hill NW

02 KENSINGTON BY BUCCI Presentation Centre opening soon at 2nd Ave and 10th St. NW

03 VIRIDIAN BY TRICO HOMES Sales Centre Now Open 3503 Sage Hill Drive NW

04 WILLOW AT SHERWOOD BY AVI URBAN Visit Sales Centre at 64 Nolan Hill Gate

05 ARRIVE AT EVANSTON BY PARTNERS DEVELOPMENT GROUP Symons Valley Parkway please call 587-755-1166

06 TRINITY BY JAYMAN MODUS 44 Nolan Hill Blvd. NW

22

04

07

NORTHWEST


NOSEHILLPARK


16 AVENUE CENT

RE S

TREE

T

EDM

ONT

ON

TRAI

L

14 S

TREE

T

85 S

TREE

T

GLENMORE TRAIL

69 S

TREE

T

BARL

OW

TRA

IL36

STR

EET

ME MOR IAL DR IV E

M

acLE

OD

TRAI

L

ANDERSON ROAD

SOUTHLAND DRIVE

BOW BOTTOM

TRAIL

MacLEOD TRAIL


JAMES M

cKEVITT

ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

L

SHAWNESSYBLVD.

GLENMORERESERVOIR

CROWCHILD TRAIL

BEDDINGTON TRAIL NW

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

STONEY TRAIL

COUNTRY HILLS BLVD.

DEER

FOOT T

RAIL

HARV

EST H

ILLS

BLVD

NE

DEERFOOT TRAIL

64 Ave

37 S

TREE

T

SARC

EE T

RAIL

17 Ave

32 Ave

16 AVENUE

FISH CREEK PARK


AIRPORT

14 STREET

STONEY TRAIL NW

85 ST. NW

ROCKY RIDG

E BLVD.

SYMO

NS VALEY RD.

PANORAM

A ROAD

STONEY TRAIL NW

144 AVE NW.

SYM

ONS

VAL

LEY

PKW

Y

CENT

RE S

TREE

T

14TH

ST

NW

SYMONS VALLEY RD.COUNTRY HILLS BLVD.

NOSE

HILL

DR.

07 THE TIMBERS BY GABLECRAFT HOMES Sherwood Blvd at Sherwood Way NW Register Now www.thetimbers.gablecrafthomes.ca

08 CARNABY HEIGHTS BY JAYMAN MODUS Coming Spring 2015 Register: jayman.com/carnaby

09 NOLAN PARK BY CARDEL LIFESTYLES Coming Soon Register: cardelcondos.com

10 SAGE PLACE BY CARDEL LIFESTYLES Now Open Show suite 175 Panatella Hill NW

11 EZRA ON RILEY PARK BY BIRCHWOOD PROPERTIES Coming Soon Register today: Ezraonrileypark.com

14 UNIVERSITY CITY BY KNIGHTBRIDGE

15 THE GROVES OF VARSITY BY STATESMAN HOMES 5353 Crowchild Trail NW

18 SONOMA AT SAGE HILL BY VERTICAL PROPERTIES 881 Sage Valley Boulevard www.sonomasagehill.com

19 916 BY SABLE DEVELOPMENTS Sales Centre Now Open


22 AVIRA BY JAYMAN MODUS Sales Centre located on Evanspark Blvd. NW

NORTHWEST COMMUNITIES

01

15

14

0219

21

11

181009

0608

0305

01 PANORAMA WEST BY CARDEL LIFESTYLES 175 Panatella Hill NW

02 KENSINGTON BY BUCCI Presentation Centre opening soon at 2nd Ave and 10th St. NW

03 VIRIDIAN BY TRICO HOMES Sales Centre Now Open 3503 Sage Hill Drive NW

04 WILLOW AT SHERWOOD BY AVI URBAN Visit Sales Centre at 64 Nolan Hill Gate

05 ARRIVE AT EVANSTON BY PARTNERS DEVELOPMENT GROUP Symons Valley Parkway please call 587-755-1166

06 TRINITY BY JAYMAN MODUS 44 Nolan Hill Blvd. NW

22

04

07

Client: Arrive (Partners Development Group)

Contact: Crystal Oicle (587) 434 4429

Publication: New Condo Guide

Publication Date: Feb 6, 2015

Material Deadline: Jan 23 2015

File Name: ArriveFamily_FullPage_NewCondoGuide_Jan21

File Size: Full Page 7.5” x 10.5”

104 REDSTONE VIEW N.E.(OFF REDSTONE WAY)

MONDAY TO THURSDAY 4PM TO 8PMSATURDAY AND SUNDAY 12PM TO 5PM

PHONE 403-264-8963

Take pride in owning an ARRIVE townhome because it’s built environmentally responsible – and love it because it is certified BuiltGreen to save you money.

Our townhomes feature spacious floor plans with 2 to 4 bedrooms, all include laminate flooring, 2.5 baths, and an essential heated attached garage, with a full depth driveway.

CALL US TODAY! 587-755-1166FOR PRE-CONSTRUCTION INCENTIVES

OVER 60% SOLD! VISIT OUR SHOWHOME TODAY

AT EVANSTON

FROM THE

INCLUDES G

ST

$340’s

FROM THE

INCLUDES G

ST

$320’sAT REDSTONE

128 AVE

STONEY TRAIL

TRA

IL

REDSTONEDRIVE

REDSTONEWAY R

EDST

ON

E ST

REE

T

MET

IS T

RA

IL

STO

NEY

TR

AIL

DEER

FOO

T

COUNTRY HILLS BLVD

LOCATED ON SITE

ARRIVEHOME.CAARRIVE AT EVANSTON

LOCATION

ARRIVE HOME TO EVERYTHING YOU LOVE


FINANCES

Think beyond rates when mortgage shopping

There’s more to your mortgage than the interest rate. Consider all the options.

“Too many Canadians focus solely on the mortgage rate when the real secret to saving money is to consider term, amortization, and payment frequency,” says Erica Nielsen, vice-president of home equity financing at RBC Royal Bank.

Rates have been at record lows for some time, but be mindful that a future rate change may impact your budget and lifestyle. Your comfort level with fluctuating interest rates may help you decide whether to go with a fixed or variable interest rate.

Here are three ways to help you save on interest rate costs and become mortgage-free faster: 1. Up your frequency: Most people think of a mortgage payment as a monthly expense. Consider switching it to a bi-weekly accelerated payment schedule. You’ll end up making one extra monthly payment every year.2. Flexible payment options: Some mortgages offer a low rate, but contain lots of restrictive fine print. Secure a mortgage that offers both a great rate and flexibility, with features such as double-up payments, deferral options, and prepayment privileges.3. Talk to a mortgage professional: Everyone’s mortgage needs are unique. A mortgage specialist can provide expert advice and help you with customized payment strategies, rate inquiries, moving your mortgage, or setting up the appropriate amortization period and term to help you achieve your personal financial goals.

More information is available at rbcroyalbank.com/mortgages. NC

026 Finance-Think beyond mortgage rates_L.indd 46 1/30/15 12:27 PMDATE:26 Jan 2015

Produced by

1005 - 11 Ave SWCalgary, AB T2R 0G1Phone: 403.287.9300

Fax: 403.287.9915

F I L E N A M E S A R E F O R I N T E R N A L U S E O N L Y

T H I S F I L E I S P R I N T E D I N 4 C O L O R

File Name VIR-13228 Condo Guide Feb6 v1.inddPublication Condo Guide Insertion Feb 6, 2015Client Trico Homes Size 6.75” x 4.625” Fonts used Helvetica Neue LT, Rockwell, TimesPicture infoProducer NS Revision # Reference # Page #1 of fi le DO NOT ALTER THIS ARTWORK WITHOUT CONTACTING TRICO HOMES

2 SHOWSUITES NOW OPEN!Visit our sales centre at 3503 Sage Hill Drive NW or viridiancondos.ca

V is for Vive I’independance!VVV is foris foris for is for Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´́́Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!The freedom to be yourself. To do your thing.Your way. The charm of modern urban l iving with a farmer’s market at your doorstep. Total independence from renting and paying someone else’s mortgage.

*Pricing subject to change without notice. E.&.O.E.

Condos in Sage HillFrom The Low

$200’s*$$$200200200’’’sss***

Plus GSTCondos

BY TRICO COMMUNITIES

Client: Arrive (Partners Development Group)

Contact: Crystal Oicle (587) 434 4429

Publication: New Condo Guide

Publication Date: Feb 6, 2015

Material Deadline: Jan 23 2015

File Name: ArriveFamily_FullPage_NewCondoGuide_Jan21

File Size: Full Page 7.5” x 10.5”

104 REDSTONE VIEW N.E.(OFF REDSTONE WAY)

MONDAY TO THURSDAY 4PM TO 8PMSATURDAY AND SUNDAY 12PM TO 5PM

PHONE 403-264-8963

Take pride in owning an ARRIVE townhome because it’s built environmentally responsible – and love it because it is certified BuiltGreen to save you money.

Our townhomes feature spacious floor plans with 2 to 4 bedrooms, all include laminate flooring, 2.5 baths, and an essential heated attached garage, with a full depth driveway.

CALL US TODAY! 587-755-1166FOR PRE-CONSTRUCTION INCENTIVES

OVER 60% SOLD! VISIT OUR SHOWHOME TODAY

AT EVANSTON

FROM THE

INCLUDES G

ST

$340’s

FROM THE

INCLUDES G

ST

$320’sAT REDSTONE

128 AVE

STONEY TRAIL

TRA

IL

REDSTONEDRIVE

REDSTONEWAY R

EDST

ON

E ST

REE

T

MET

IS T

RA

IL

STO

NEY

TR

AIL

DEER

FOO

T

COUNTRY HILLS BLVD

LOCATED ON SITE

ARRIVEHOME.CAARRIVE AT EVANSTON

LOCATION

ARRIVE HOME TO EVERYTHING YOU LOVE

FINANCES

Think beyond rates when mortgage shopping

There’s more to your mortgage than the interest rate. Consider all the options.

“Too many Canadians focus solely on the mortgage rate when the real secret to saving money is to consider term, amortization, and payment frequency,” says Erica Nielsen, vice-president of home equity financing at RBC Royal Bank.

Rates have been at record lows for some time, but be mindful that a future rate change may impact your budget and lifestyle. Your comfort level with fluctuating interest rates may help you decide whether to go with a fixed or variable interest rate.

Here are three ways to help you save on interest rate costs and become mortgage-free faster: 1. Up your frequency: Most people think of a mortgage payment as a monthly expense. Consider switching it to a bi-weekly accelerated payment schedule. You’ll end up making one extra monthly payment every year.2. Flexible payment options: Some mortgages offer a low rate, but contain lots of restrictive fine print. Secure a mortgage that offers both a great rate and flexibility, with features such as double-up payments, deferral options, and prepayment privileges.3. Talk to a mortgage professional: Everyone’s mortgage needs are unique. A mortgage specialist can provide expert advice and help you with customized payment strategies, rate inquiries, moving your mortgage, or setting up the appropriate amortization period and term to help you achieve your personal financial goals.

More information is available at rbcroyalbank.com/mortgages. NC

026 Finance-Think beyond mortgage rates_L.indd 46 1/30/15 12:27 PMDATE:26 Jan 2015

Produced by

1005 - 11 Ave SWCalgary, AB T2R 0G1Phone: 403.287.9300

Fax: 403.287.9915

F I L E N A M E S A R E F O R I N T E R N A L U S E O N L Y

T H I S F I L E I S P R I N T E D I N 4 C O L O R

File Name VIR-13228 Condo Guide Feb6 v1.inddPublication Condo Guide Insertion Feb 6, 2015Client Trico Homes Size 6.75” x 4.625” Fonts used Helvetica Neue LT, Rockwell, TimesPicture infoProducer NS Revision # Reference # Page #1 of fi le DO NOT ALTER THIS ARTWORK WITHOUT CONTACTING TRICO HOMES

2 SHOWSUITES NOW OPEN!Visit our sales centre at 3503 Sage Hill Drive NW or viridiancondos.ca

V is for Vive I’independance!VVV is foris foris for is for Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´́́Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!´Vive I’independance!Vive I’independance!Vive I’independance!The freedom to be yourself. To do your thing.Your way. The charm of modern urban l iving with a farmer’s market at your doorstep. Total independence from renting and paying someone else’s mortgage.

*Pricing subject to change without notice. E.&.O.E.

Condos in Sage HillFrom The Low

$200’s*$$$200200200’’’sss***

Plus GSTCondos

BY TRICO COMMUNITIES


CONDO PROFILE

ARRIVE AT EVANSTONPartners Development Group launches new

townhome enclaveBy Heather Ryan

Following on the success of the hugely popular developments of Arrive

at SkyView Ranch and Arrive at Redstone, Partners Development Group is thrilled to unveil its next townhome community Arrive-ing soon in northwest Calgary.

Arrive at Evanston presents an enclave of 173 townhomes in 29 buildings that focuses on eco-friendly living, great style and sought-after finishes. It offers buyers a choice of two- and three-storey designs with heated single or double attached garages and full-depth driveways at an affordable price point starting at $339,900.

“We are really excited to launch the much-anticipated Arrive at Evanston,” says Jade Mahon, vice-president of sales and marketing. “We received such a great response from purchasers with our Arrive townhome product, both at SkyView (which sold out in 2013) and at Redstone (currently 60 per cent sold) that we’re pleased to offer another Arrive townhome community in Calgary’s north.”

She notes the Evanston townhomes will present many sought-after features like cement board siding, granite countertops and designer finishes, “so buyers are getting a complete package with very little left to upgrade.”

A key feature that has made the Arrive townhomes so popular with homebuyers is the Green element that gives their purchasers built-in value and energy-saving benefits. Arrive offers energy-efficient and water-conscious homes with a minimum Gold rating from BuiltGreen Canada and a New Home EnerGuide rating between 80 and 83. Every home has water-saver faucets and toilets, low-E windows, LED and CFL lighting, a 96-per-cent high-efficiency furnace, electric water heater, spray foam insulation, and a heat recovery ventilation system creating a clean, healthy environment in the home.

“We’ve found that our purchasers are more educated towards energy efficiency and are quite proud to be environmentally responsible,” Mahon

028-029 CP-Partners-ARRIVE-Evanston_VB_L.indd 46 1/30/15 12:36 PM

To learn more about this latest northwest development, Arrive

at Evanston, and the preconstruction purchase incentives, call 587.755.1166 or register online at ArriveHome.ca.

Arrive at Evanston also presents an aesthetically pleasing streetscape which includes a private central park with a playground, seating and gathering gazebos to host larger barbecues and outdoor celebrations amongst the abundant landscaping.

says. “They appreciate the BuiltGreen factor because of the long-term money savings involved, the added appreciation of the development’s overall value and the low impact on the environment.”

Arrive at Evanston offers buyers four different building designs with townhome models ranging from 1,200 to 1,575 sq. ft. in two-, three- and four-bedroom layouts including a dual master bedroom plan and a limited number of three-bedroom walkouts.

Partners Development Group is constructing the townhomes with thoughtful designs that make efficient use of space and fine interior features such as kitchen islands with eating bars, Energy Star-rated stainless steel appliances, laminate floors throughout the main floor, tile floors in the entry and bathrooms and a two-inch blind package. All of the homes have a large balcony area, 2.5 bathrooms, and laundry with front-loading washer and dryer included. Purchasers can also choose from professionally designed colour palettes.


Residents with young children or who are planning a family, will certainly appreciate having an on-site child care centre by award-winning Kids & Company, which will provide free registration and priority enrolment exclusively to all families in the Arrive at Evanston community.

Mahon says the townhomes will appeal to a wide range of purchasers – first-time buyers, young professionals, young families, and empty nesters who desire spacious floor plans and a maintenance-free lifestyle.

Buyers will also love the convenient location just off the newly opened 14th Street N.W. and Symons Valley Parkway, with quick connections to Stoney Trail and Deerfoot Trail. Residents can also walk to shops and services at Evanston Towne Centre, and are mere minutes away from a wide range of shops, services, eateries and more at Creekside, Beacon Hill and Cross Iron shopping centres, as well as having the convenience of the Cardel Place recreation complex less than 10 minutes away.



CONDO PROFILE

ARRIVE AT EVANSTONPartners Development Group launches new

townhome enclaveBy Heather Ryan

Following on the success of the hugely popular developments of Arrive

at SkyView Ranch and Arrive at Redstone, Partners Development Group is thrilled to unveil its next townhome community Arrive-ing soon in northwest Calgary.

Arrive at Evanston presents an enclave of 173 townhomes in 29 buildings that focuses on eco-friendly living, great style and sought-after finishes. It offers buyers a choice of two- and three-storey designs with heated single or double attached garages and full-depth driveways at an affordable price point starting at $339,900.

“We are really excited to launch the much-anticipated Arrive at Evanston,” says Jade Mahon, vice-president of sales and marketing. “We received such a great response from purchasers with our Arrive townhome product, both at SkyView (which sold out in 2013) and at Redstone (currently 60 per cent sold) that we’re pleased to offer another Arrive townhome community in Calgary’s north.”

She notes the Evanston townhomes will present many sought-after features like cement board siding, granite countertops and designer finishes, “so buyers are getting a complete package with very little left to upgrade.”

A key feature that has made the Arrive townhomes so popular with homebuyers is the Green element that gives their purchasers built-in value and energy-saving benefits. Arrive offers energy-efficient and water-conscious homes with a minimum Gold rating from BuiltGreen Canada and a New Home EnerGuide rating between 80 and 83. Every home has water-saver faucets and toilets, low-E windows, LED and CFL lighting, a 96-per-cent high-efficiency furnace, electric water heater, spray foam insulation, and a heat recovery ventilation system creating a clean, healthy environment in the home.

“We’ve found that our purchasers are more educated towards energy efficiency and are quite proud to be environmentally responsible,” Mahon


To learn more about this latest northwest development, Arrive

at Evanston, and the preconstruction purchase incentives, call 587.755.1166 or register online at ArriveHome.ca.


says. “They appreciate the BuiltGreen factor because of the long-term money savings involved, the added appreciation of the development’s overall value and the low impact on the environment.”

Arrive at Evanston offers buyers four different building designs with townhome models ranging from 1,200 to 1,575 sq. ft. in two-, three- and four-bedroom layouts including a dual master bedroom plan and a limited number of three-bedroom walkouts.

Partners Development Group is constructing the townhomes with thoughtful designs that make efficient use of space and fine interior features such as kitchen islands with eating bars, Energy Star-rated stainless steel appliances, laminate floors throughout the main floor, tile floors in the entry and bathrooms and a two-inch blind package. All of the homes have a large balcony area, 2.5 bathrooms, and laundry with front-loading washer and dryer included. Purchasers can also choose from professionally designed colour palettes.


Residents with young children or who are planning a family, will certainly appreciate having an on-site child care centre by award-winning Kids & Company, which will provide free registration and priority enrolment exclusively to all families in the Arrive at Evanston community.

Mahon says the townhomes will appeal to a wide range of purchasers – first-time buyers, young professionals, young families, and empty nesters who desire spacious floor plans and a maintenance-free lifestyle.

Buyers will also love the convenient location just off the newly opened 14th Street N.W. and Symons Valley Parkway, with quick connections to Stoney Trail and Deerfoot Trail. Residents can also walk to shops and services at Evanston Towne Centre, and are mere minutes away from a wide range of shops, services, eateries and more at Creekside, Beacon Hill and Cross Iron shopping centres, as well as having the convenience of the Cardel Place recreation complex less than 10 minutes away.


CONDO LIVINGCLIENT: MacDonald Development Corp

PROJECT: Watermark

INSERTION DATE: February 2015

SIZE: 7.5” x 10.5” (+ .25 bleeds)

CMYK

VillasAtWatermark.com 403.474.5985

1 Watermark Villas, Calgary

(Just off 12 Mile Coulee Rd. NW)

VISIT OUR SALES CENTRE TODAY

Community of the Year Calgary Region

2013



80% SOLD!

Calgary’s Fastest-Selling Villa Community is now in its Final Phase


By Wayne Karl

IN THE NEWS

Home prices strolling versus bounding

Calgary will be among the leading markets in terms of home price growth this year, according to the latest Royal LePage House Price Survey and

Market Survey Forecast.The average price of a home in Canada increased

between 4.5 and 6.7 per cent year-over-year. Against the backdrop of a decidedly mixed macroeconomic environment at home and abroad, Royal LePage expects home prices to rise moderately in 2015, forecasting a 2.9-per-cent national increase for the year ahead.

In Calgary, the housing market in the fourth quarter of 2014 continued to be among the strongest across the country. Demand was strong for homes across all housing types, and continued to outstrip supply. Average prices for detached bungalows jumped 9.1 per cent year-over-year to $511,889 and standard two-storey homes increased 8.5 per cent to $500,320. Standard condominiums also experienced robust growth, rising 9.1 per cent to $311,644.

For 2015, Royal LePage forecasts average home price growth of 2.4 per cent to $472,000, up from $461,000 in 2014. This compares to a 5.4-per-cent increase from $437,036 for 2013.

“While some markets have continued to defy gravity, notably the economically robust, supply constrained cities of Vancouver, Calgary and Toronto, by and large, house prices across the country are now strolling versus bounding forward,” Phil Soper, president and chief executive officer of Royal LePage, told New Condo Guide. “We believe this moderating trend will characterize the 2015 market, and that in normal course, even our hottest markets will see eroding affordability ease overheated demand, bringing balance and more rational price increases.”

The recent free-fall in the value of oil is impacting the national and provincial economies, he adds, acting as a drag in some regions of the country. “Specifically, the natural slowing of home price appreciation should be accelerated in Alberta, Saskatchewan, and Newfoundland, and delayed in Central Canada.”

And what should homeowners and buyers make of statements by Deutsche Bank and the Bank of Canada, that Canada’s house prices are seriously inflated?

“Will prices collapse, as a few foreign investment banks have prophesized? That seems highly unlikely in a future characterized by low interest rates and a healthy economy, which is what we see,” says Soper.

030 News-Home prices strolling versus bounding_L.indd 18 1/30/15 12:27 PM

Sonoma is where I want to be.

TEMPORARY SHOWHOMES NOW OPEN

SALESCENTRE

Another great project built by Morrison Homes.

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FROM THE$330s

CONDO LIVINGCLIENT: MacDonald Development Corp

PROJECT: Watermark

INSERTION DATE: February 2015

SIZE: 7.5” x 10.5” (+ .25 bleeds)

CMYK

VillasAtWatermark.com 403.474.5985

1 Watermark Villas, Calgary

(Just off 12 Mile Coulee Rd. NW)

VISIT OUR SALES CENTRE TODAY

Community of the Year Calgary Region

2013



80% SOLD!

Calgary’s Fastest-Selling Villa Community is now in its Final Phase

31

NORTHWEST

By Wayne Karl

IN THE NEWS

Home prices strolling versus bounding

Calgary will be among the leading markets in terms of home price growth this year, according to the latest Royal LePage House Price Survey and

Market Survey Forecast.The average price of a home in Canada increased

between 4.5 and 6.7 per cent year-over-year. Against the backdrop of a decidedly mixed macroeconomic environment at home and abroad, Royal LePage expects home prices to rise moderately in 2015, forecasting a 2.9-per-cent national increase for the year ahead.

In Calgary, the housing market in the fourth quarter of 2014 continued to be among the strongest across the country. Demand was strong for homes across all housing types, and continued to outstrip supply. Average prices for detached bungalows jumped 9.1 per cent year-over-year to $511,889 and standard two-storey homes increased 8.5 per cent to $500,320. Standard condominiums also experienced robust growth, rising 9.1 per cent to $311,644.

For 2015, Royal LePage forecasts average home price growth of 2.4 per cent to $472,000, up from $461,000 in 2014. This compares to a 5.4-per-cent increase from $437,036 for 2013.

“While some markets have continued to defy gravity, notably the economically robust, supply constrained cities of Vancouver, Calgary and Toronto, by and large, house prices across the country are now strolling versus bounding forward,” Phil Soper, president and chief executive officer of Royal LePage, told New Condo Guide. “We believe this moderating trend will characterize the 2015 market, and that in normal course, even our hottest markets will see eroding affordability ease overheated demand, bringing balance and more rational price increases.”

The recent free-fall in the value of oil is impacting the national and provincial economies, he adds, acting as a drag in some regions of the country. “Specifically, the natural slowing of home price appreciation should be accelerated in Alberta, Saskatchewan, and Newfoundland, and delayed in Central Canada.”

And what should homeowners and buyers make of statements by Deutsche Bank and the Bank of Canada, that Canada’s house prices are seriously inflated?

“Will prices collapse, as a few foreign investment banks have prophesized? That seems highly unlikely in a future characterized by low interest rates and a healthy economy, which is what we see,” says Soper.

030 News-Home prices strolling versus bounding_L.indd 18 1/30/15 12:27 PM

PRODUCED BY

Don’t miss the Calgary Home + Garden Show for realadvice and inspiration from over 650 industry experts! Find new and innovative products for your home, gather new ideas and shop great deals for all your renovation, decor and gardening projects. Satisfaction guaranteed — or the price of admission is on us.

SAVE $4BUY TICKETS ONLINEPROMO CODE: REALADVICE*ON REGULAR ADULT ADMISSION


IN THE NEWS

Calgary housing outlook: record years give way

to solid growthBy Wayne Karl

The Calgary housing market has had it good in recent years. Strong economic, employment and wage growth and increasing net migration all led to a booming real estate sector – including what were record

housing starts last year.So spectacular was this performance, however, that it would be impossible

to maintain. It should come as no surprise, then, that in 2015, some of the “boom” may come off the rose somewhat in this part of Wild Rose Country.

Total housing starts in the Calgary Census Metropolitan Area (CMA) are on pace to reach a record high of 17,200 units in 2014, according the Canada Mortgage and Housing Corp. (CMHC). This represents a huge 37-per-cent increase from 12,584 in 2013. This year, however, total housing starts are forecast to decrease to 14,400 units and 12,800 in 2016.

“Housing demand in the Calgary CMA continues to be supported by positive employment growth and heightened net migration,” Felicia Mutheardy, CMHC’s senior market analyst for Calgary, told New Condo Guide.

“However, while remaining positive, the rate of employment growth is expected to move lower in both 2015 and 2016. Following a record year in 2013, net migration is expected to decline in 2014 through 2016 while mortgage rates are expected to move higher in the next two years.

These factors will contribute to a moderation in the demand for housing, resulting in a reduced rate of growth for sales in the existing home market and lower housing starts for both single-detached and multi-family units.”

In 2015, existing home sales are forecast to increase 2.1 per cent to 34,200 units, and 1.8 per cent to 34,800 in 2016, she adds.

Over the next two years in the Calgary housing market, both single-detached and multi-family starts are expected to decline. There will be 6,400 single-detached housing starts in 2015 and 6,300 in 2016, Mutheardy says.

For multi-family starts, there will be 8,000 units in 2015 and 6,500 in 2016. A slower pace of construction for condominiums will contribute to a pronounced reduction in multi-family starts in the next two years.

For the new home market in Alberta overall, single-detached starts are projected to rise by nearly four per cent to 19,300 in 2014 and then remain relatively stable at 19,200 units in 2015 and 19,000 in 2016.

“Strong economic and employment growth are expected to help Alberta’s housing market conditions remain robust by historical standards over the next two years,” says Lai Sing Louie, CMHC’s regional economist for the Prairie and Territories Region.

032 News Calgary housing market_Wayne_VB_L.indd 46 1/30/15 12:27 PM

PRODUCED BY

Don’t miss the Calgary Home + Garden Show for realadvice and inspiration from over 650 industry experts! Find new and innovative products for your home, gather new ideas and shop great deals for all your renovation, decor and gardening projects. Satisfaction guaranteed — or the price of admission is on us.

SAVE $4BUY TICKETS ONLINEPROMO CODE: REALADVICE*ON REGULAR ADULT ADMISSION

33

IN THE NEWS

Calgary housing outlook: record years give way

to solid growthBy Wayne Karl

The Calgary housing market has had it good in recent years. Strong economic, employment and wage growth and increasing net migration all led to a booming real estate sector – including what were record

housing starts last year.So spectacular was this performance, however, that it would be impossible

to maintain. It should come as no surprise, then, that in 2015, some of the “boom” may come off the rose somewhat in this part of Wild Rose Country.

Total housing starts in the Calgary Census Metropolitan Area (CMA) are on pace to reach a record high of 17,200 units in 2014, according the Canada Mortgage and Housing Corp. (CMHC). This represents a huge 37-per-cent increase from 12,584 in 2013. This year, however, total housing starts are forecast to decrease to 14,400 units and 12,800 in 2016.

“Housing demand in the Calgary CMA continues to be supported by positive employment growth and heightened net migration,” Felicia Mutheardy, CMHC’s senior market analyst for Calgary, told New Condo Guide.

“However, while remaining positive, the rate of employment growth is expected to move lower in both 2015 and 2016. Following a record year in 2013, net migration is expected to decline in 2014 through 2016 while mortgage rates are expected to move higher in the next two years.

These factors will contribute to a moderation in the demand for housing, resulting in a reduced rate of growth for sales in the existing home market and lower housing starts for both single-detached and multi-family units.”

In 2015, existing home sales are forecast to increase 2.1 per cent to 34,200 units, and 1.8 per cent to 34,800 in 2016, she adds.

Over the next two years in the Calgary housing market, both single-detached and multi-family starts are expected to decline. There will be 6,400 single-detached housing starts in 2015 and 6,300 in 2016, Mutheardy says.

For multi-family starts, there will be 8,000 units in 2015 and 6,500 in 2016. A slower pace of construction for condominiums will contribute to a pronounced reduction in multi-family starts in the next two years.

For the new home market in Alberta overall, single-detached starts are projected to rise by nearly four per cent to 19,300 in 2014 and then remain relatively stable at 19,200 units in 2015 and 19,000 in 2016.

“Strong economic and employment growth are expected to help Alberta’s housing market conditions remain robust by historical standards over the next two years,” says Lai Sing Louie, CMHC’s regional economist for the Prairie and Territories Region.

032 News Calgary housing market_Wayne_VB_L.indd 46 1/30/15 12:27 PM

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RACE CANADA’S

JON MONTGOMERY

CONTINUES� e adventure

TO BOOK YOUR ADVERTISING SPACE CONTACT:

Natalie Houghton 587.226.1313 [email protected] WINNER 2014

JAY-3665 8.25x10.75 FinancialResize_JAN13.indd 2 2015-01-14 2:32 PM

discover why we’re the 2014 MORTGAGE BROKERAGE OF THE YEARand how we can help you purchase your dream home.

34

Bu i l d i n g Condos and Townhomes

f r om $230 ’ s t o $ 1 . 7m

Modus_Sun_Booklet February issue.indd 1 1/27/2015 10:00:12 AM

LIFE HAPPENS ON THE INSIDE.So you’re looking for a condo or townhome that fits your life. Take a moment

to think about this. Modus offers more choice in Alberta than any other multi family builder. The largest combination of interior options, amenities,

models, building styles, communities, cities, price points and services. With choices like this your new home is really only limited by your imagination.

SO BUILD YOUR HOME AROUND YOUR LIFE NOT THE OTHER WAY AROUND.

WITH MODUS YOU GET.. .

■ ■ ■ a solid and thoughtfully designed product based on 30 plus years of industry experience.

■ ■ ■ the best in industry interest rates.

■ ■ ■ into your home easier with our down payment savings program.

■ ■ ■ an improved quality of living with included amenities like gyms, courtyards, parks, party rooms and more.

■ ■ ■ a smooth transition with our complimentary moving van.

■ ■ ■ help selling your home for the best possible market value.

■ ■ ■ one year jayman service warranty.

■ ■ ■ to save money on legal fees.

...........................................................


a true community experienceJoin Modus as we show you our world and interact with yours. Through fun contests,

silly videos, unique ideas, community initiatives and our product showcases we genuinely would like your feedback, insight and participation. Feel free to ask us questions and tell us what you’d like to see from a homebuilder. While we are the

builder you are ultimately the inspiration for what we do. So feel free to “like” us and dive right in. We’re looking forward to hearing from you!

Get social with us:facebook.com/jaymanmodus


2 & 3 bedroom townhomes with garage

501 River Heights Drivejayman.com/rise

Riversong, Cochrane

THE HEIGHT OF LIVING WITH HILLTOP PANORAMIC VIEWS

FEATURING:• 1267 sq ft – 1593 sq ft • Single and tandem heated garage

• 9’ ceilings on main floor • Huge kitchen island • Stainless steel appliances:• Designer lighting package • Full size laundry centre with washer & dryer

• Dual Pane Low-E windows • BBQ/Fire pit area • Community garden • Air conditioning rough-in

2 bedrooms from mid $350’s (INC GST)Monthly Payment from $1700

Qualifying Income from $73,499

3 bedrooms from $380’s (INC GST)Monthly Payment from $1805


PRECONSTRUCTION PRICING


Located on Evanspark Blvd NWjayman.com/aviraEvansridge NW

AND NOW FOR SOMETHING DIFFERENT

2 & 3 bedroom townhomes with single,tandem and double car garage

FEATURING:• 1229 sq ft – 1698 sq ft • 9’ ceilings on main floor

• Single, tandem and double heated garage • Flex room on select homes • Stainless steel appliances • Laminate and

ceramic tile flooring • Granite countertops • AC RI • Upper level laundry with washer & dryer

2 bedrooms from high $340’s (INC GST)Monthly Payment from $1620




MOVE INSPRING

2015


RAVINE LIVING

60 Nolan Hill Blvd NWjayman.com/trinity

MOVE INNOW

2 bedrooms Starting from $340’s (INC GST)Monthly Payment from $1538




3 bedroom Xtra wide townhomes with double car garageup to 1638 sq ft

ONLY 7 LEFT

FEATURING:• Ravine living in a unique cul de sac • Central courtyard greenspace • Playground

• Quartz countertops • Hardwood, ceramic tile, laminate flooring• Linear wall fireplace • Stainless steel appliances • Upper level laundry centre

• Lower level flex room “mancave”

3 bedrooms from 470’s (INC GST)Monthly Payment from $2105



• 5 floor plans • 1170 sq ft – 1649 sq ft • 9’ ceilings • Beautiful courtyard with wa-ter feature & tot lot • Laminate & ceramic

tile flooring • Granite countertops • Stainless steel appliances • Upper level

laundry centre

• State of the art fitness gym • 622 sq ft - 1040 sq ft • Stainless steel appliances

• Engineered laminate flooring• Ceramic tile flooring • Granite counter-tops • Premium features on select suites: Maple cabinets, quartz waterfall counter-tops, shag carpeting, full height glass tile

kitchen backsplash

THE ULTIMATE IN CHOICE ALL WITHIN A FOUR SEASON LAKE COMMUNITY

TOWNHOMES CONDOS

FEATURING: FEATURING:

263 Mahogany Way SEjayman.com/ebony

MOVE INEND OF

FEBRUARY

MOVE INNOW

30 DAYS

2 bedrooms Starting from $340’s (INC GST)Monthly Payment from $1538


2 & 3 bedroom townhomes with single, tandem & double heated garage

1 + den and 2 bedroom condos 5 floor plans





1 bedroom + den from $230’s (INC GST)


E X P E R I E N C E T H E S E N E W T E C H N O L O G I C A LA D VA N C E S I N T H I S M O D U S C O M M U N I T Y :

DOWNLOAD THE MODUS MATRIX APP HERE:

DOWNLOAD THE APP TO YOUR PHONE OR TABLET

THEN SCAN THIS ADFOR THE ULTIMATE 3D HOMEBUYING EXPERIENCE

IN AVIRA EVANSRIDGE NW.

OR VISIT WWW.MODUSMATRIX.COM


E X P E R I E N C E T H E S E N E W T E C H N O L O G I C A LA D VA N C E S I N T H I S M O D U S C O M M U N I T Y :

Modus is again revolutionizing the industry with the most incredible technologies. Experience the ultimate in Augmented Reality with Modus Matrix. Matrix gives you the power to build a digital model of one of our projects wherever you go with a simple, easy to use phone or tablet app. Imagine doing a showhome tour in the comfort of your own home. This is something that must truly be seen to be believed. Just download the Modus Matrix app and visit a glimpse of tomorrow; today on our site plan page.

If that wasn’t enough experience the future of homebuying in our Avira sales centre with our new touchscreen systems that not only deliver the latest product info at the touch of your fingers but even integrates with your cell phone so you can take it with you.

DOWNLOAD THE MODUS MATRIX APP HERE:

DOWNLOAD THE APP TO YOUR PHONE OR TABLET

THEN SCAN THIS ADFOR THE ULTIMATE 3D HOMEBUYING EXPERIENCE

IN AVIRA EVANSRIDGE NW.

OR VISIT WWW.MODUSMATRIX.COM


AT HOME, AWAY FROM HOME.Moving into a community or considering a move into a new community can be a

challenge. It can be difficult to reorient yourself and find all of the things and places that provide comfort. So at Modus we’ve developed a simple solution. A mobile amenities application that allows you to find what you want, complete with phone number and

GPS locator to take you straight there. So enter one of the community URLs or download our Modus Matrix app on your Android phone or iPhone and

scan this page to give it a try!

DOWNLOAD MODUS MATRIX APP

& SCAN THIS PAGE


2953 Battleford Ave SWSHOWSUITE IN CURRIE BARRACKS SALES CENTRE

jayman.com/overture

UPSCALE CITY LIVING AT ITS FINEST

Executive single level living 1- 3+ bedroom Residence and Penthouse Condos (3 buildings – 4 floors)

FEATURING:• 870 sq ft – 2543 sq ft • Airy 10’ ceiling heights • Upscale premium finishes; quartz

waterfall countertops, 5” hardwood flooring, tile flooring, KitchenAid stainless steel high end appliances • AC • up to 512 sq ft decks on floors 1-3; up to 1347 sq ft

decks on 4th floor • Underground heated garage

MOVE INSUMMER

from $470’s - $1.7m

BUILDING 1 70% SOLD OUTBUILDING 2 40% SOLD OUTBUILDING 3 TO BE RELEASED SOON


FOR INFO PRE-REGISTER TODAY jayman.com/carnaby

Nolan Hill NW


A LITTLE OLD WORLD STYLE IN THE HEARTOF ALBERTA.

Opening April


FOR INFO PRE-REGISTER TODAY jayman.com/harana

Redstone NE


YOU SPOKE. WE’VE LISTENED. A COMMUNITYDESIGNED FOR YOU, BY YOU.

Opening Late Summer


The Jayman Modus Down Payment Savings Program is an opportunity to continue saving money towards your down payment while your home is being built. Program suitable forPre-Sale homes and homes with 6 month + occupancy.

Example. Purchase February with occupancy September

330,000 plus GST 16,500 (GST) 5,940 (Rebate if applicable) 340,560 5% down $17,028

1000 Deposit Hold February 7,514 2.5% (consolidation - approximately 10 days)

Remaining 8,514 staggered monthly until last payment 45 days prior to possession

March 1702.80 April 1702.80 May 1702.80 June 1702.80 July 1702.80

Buying a home is possible!ASK US ABOUT THE

JAYMAN MODUS DOWNPAYMENT SAVINGS

PROGRAM

jayman.com/modus

Payment Structure

Purchase Price


The name Modus stands for how we do things. In the past 30 years

we have learned that to improve the quality of our customers’ lives it’s

important that we build around their lifestyles and not the other way

around. This is how we do things. We are there for you through the entire

process and have the experience and connections that no other multi

family builder has. This ensures the smoothest transition possible during

your home buying experience.

It’s just what we do.


Sales Centre Hours:Mon to Thu 2 - 8 pm

Sat/Sun 12 - 5 pm

jayman.com/modusjayman.com/modus

/jaymanmodus/jaymanmodus

Based on the J.D. Power and Associates 2013 Alberta Multi-Family New Home Builder Customer Satisfaction StudySM conducted in association with the Professional Home Builders Institute of Alberta. Study measures ANHWP builder members and participating builder members of PHBIA, which represent more than two-thirds of all new single-family homes built in Alberta. For more information, visit jdpower.com

Jayman Modus Calgary is a Builder of Excellence for providing “An Outstanding Home Ownership Experience” for Multi-Family Homes in Alberta.


The Pinnacle of

A Brand New Magazine Dedicated to High-End Properties in Calgary and Area

LUXURYThe only magazine of its kind in Calgary, Luxury Living showcases high-end homes, condos and properties. This is your exclusive opportunity to establish your property as the pinnacle of affluent living.

Pick up your FREE copy.

Brought to you by the publishers of

IT’S ALL ABOUT

LIFESTYLE

GETTING TO KNOW

BLAIR FOISY

MAKING A LUXURIOUS

STATEMENT WITH FLOORING

AVAILABLE ONLINE AT

LuxuryLivingCalgary.com

FALL 2014

THE AMAZING

RACE CANADA’S

JON MONTGOMERY

CONTINUES� e adventure

TO BOOK YOUR ADVERTISING SPACE CONTACT:

Natalie Houghton 587.226.1313 [email protected] WINNER 2014

JAY-3665 8.25x10.75 FinancialResize_JAN13.indd 2 2015-01-14 2:32 PM

discover why we’re the 2014 MORTGAGE BROKERAGE OF THE YEARand how we can help you purchase your dream home.

35

The maintenance free lifestyle at Hunter House makes getting out of town a breeze – but with all these great features, it’s hard to imagine staying away! Picture yourself in an established community, with quick access to all amenities and a home with all the high-end finishings you’ve been dreaming of.

Stacked Bungalow features worth coming home to:

• 10’ ceilings • Hardwood flooring in living & dining room • Quartz or granite countertops • Office/flex area

• Double car garage with driveway• Stainless steel appliances including chimney style hood fan and gas range

36

SOUTHWEST

01 HUNTER HOUSE BY STREETSIDE DEVELOPMENT 1020 194th Ave S.W. www.hunterhouseliving.com

02 BROOKLYN CONDOMINIUMS BY TRICO HOMES 1710-28 Ave. SW www.brooklyncondos.ca

03 OVATION BY INTERGULF CIDEX #2105, 99 Spruce Place S.W.

04 THE LANDINGS BY STATESMAN 771 Patrick St. S.W.

05 OVERTURE BY JAYMAN MODUS Sales Centre Now Open in Currie Barracks

06 SAWYER SILVERADO BY AVI URBAN 175 Silverado Blvd S.W.

07 GLAS BY AVALON 2712 17th St. SW



10 VIVACE BY STREETSIDE DEVELOPMENTS Presentation Centre: 2118, 8561-8A Ave. SE

11 JUNO BY AVI URBAN Sales Centre in Currie Barracks J5, 2953 Battleford Ave. SW

12 EIGHTY5NINE BY VERTICAL PROPERTIES 882 - 85 Street SW eighty5nine.com

13 ALTADORE 36 BY BROOKFIELD RESIDENTIAL 36th St. & 16th Ave SW Register Now www.altadore36.com

SOUTHWEST COMMUNITIES

NOSEHILLPARK


16 AVENUE CENT

RE S

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TREE

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GLENMORE TRAIL

69 S

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OW

TRA

IL36

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ME MOR IAL DR IV E

M

acLE

OD

TRAI

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ANDERSON ROAD

SOUTHLAND DRIVE

BOW BOTTOM

TRAIL

MacLEOD TRAIL


JAMES M

cKEVITT

ELBO

W D

RIVE

BLAC

KFO

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TRAI

L

SHAWNESSYBLVD.

SHERIFF KING ST. SW

194 AVE

GLENMORERESERVOIR

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

NOSE

HILL

DR.STO

NEY TRAIL

COUNTRY HILLS BLVD.COUNTRY HILLS BLVD.

ROCKY RIDGE BLVD.

DEER

FOOT T

RAIL

DEERFOOT TRAIL

64 Ave

37 S

TREE

T

SARC

EE T

RAIL

17 Ave

32 Ave

16 AVENUE

FISH CREEK PARK


AIRPORT

03

4

11

07

09

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13

The maintenance free lifestyle at Hunter House makes getting out of town a breeze – but with all these great features, it’s hard to imagine staying away! Picture yourself in an established community, with quick access to all amenities and a home with all the high-end finishings you’ve been dreaming of.

Stacked Bungalow features worth coming home to:

• 10’ ceilings • Hardwood flooring in living & dining room • Quartz or granite countertops • Office/flex area

• Double car garage with driveway• Stainless steel appliances including chimney style hood fan and gas range


01 HUNTER HOUSE BY STREETSIDE DEVELOPMENT 1020 194th Ave S.W. www.hunterhouseliving.com

02 BROOKLYN CONDOMINIUMS BY TRICO HOMES 1710-28 Ave. SW www.brooklyncondos.ca

03 OVATION BY INTERGULF CIDEX #2105, 99 Spruce Place S.W.

04 THE LANDINGS BY STATESMAN 771 Patrick St. S.W.

05 OVERTURE BY JAYMAN MODUS Sales Centre Now Open in Currie Barracks

06 SAWYER SILVERADO BY AVI URBAN 175 Silverado Blvd S.W.

07 GLAS BY AVALON 2712 17th St. SW



10 VIVACE BY STREETSIDE DEVELOPMENTS Presentation Centre: 2118, 8561-8A Ave. SE

11 JUNO BY AVI URBAN Sales Centre in Currie Barracks J5, 2953 Battleford Ave. SW

12 EIGHTY5NINE BY VERTICAL PROPERTIES 882 - 85 Street SW eighty5nine.com

13 ALTADORE 36 BY BROOKFIELD RESIDENTIAL 36th St. & 16th Ave SW Register Now www.altadore36.com

SOUTHWEST COMMUNITIES

NOSEHILLPARK


16 AVENUE CENT

RE S

TREE

T

EDM

ONT

ON

TRAI

L

14 S

TREE

T

85 S

TREE

T

GLENMORE TRAIL

69 S

TREE

T

BARL

OW

TRA

IL36

STR

EET

ME MOR IAL DR IV E

M

acLE

OD

TRAI

L

ANDERSON ROAD

SOUTHLAND DRIVE

BOW BOTTOM

TRAIL

MacLEOD TRAIL


JAMES M

cKEVITT

ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

L

SHAWNESSYBLVD.

SHERIFF KING ST. SW

194 AVE

GLENMORERESERVOIR

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

NOSE

HILL

DR.STO

NEY TRAIL

COUNTRY HILLS BLVD.COUNTRY HILLS BLVD.

ROCKY RIDGE BLVD.

DEER

FOOT T

RAIL

DEERFOOT TRAIL

64 Ave

37 S

TREE

T

SARC

EE T

RAIL

17 Ave

32 Ave

16 AVENUE

FISH CREEK PARK


AIRPORT

03

4

11

07

09

08

1210

01 06

05

02

13

FROM THE $300’SWITH 2 CAR GARAGESINNOVATIVE SOUTH CALGARY TOWNHOMES

NWNW


IN THE NEWS

Homes by Avi Group of Companies

FINALIST FOR 2014 NATIONAL SAM AWARDS

The Canadian Home Builders’ Association (CHBA) has announced the finalists for the 2014 CHBA National SAM Awards, with the

Homes by Avi Group of Companies being named in several categories.

“We’re thrilled to be recognized by our peers across the country,” says Alice Mateyko, president of Homes by Avi Alberta’s single-family division. “Being judged as one of the top contenders in Canada’s home building industry speaks to the talent and dedication of our entire team.”

The National SAM Awards celebrate excellence in new home design, renovation, community development and marketing across Canada. Homes by Avi’s single-family division is a finalist for Best Single Attached Home for the JV3 in Richmond Park, and Best Print Ad for “Maple Crest,” which ran in the Edmonton market.

Avi Urban, Homes by Avi’s multi-family division, is vying for top honours in Community Development for The Block (pictured below).

“We are thrilled by our nomination for national finalist for Community Development,” says Avi Urban president Charron Ungar. “The Block is an extremely unique building and one that we hope shall be considered an innovative example of wood frame apartment construction for some time. It is an honor to be recognized by our peers in the home-building industry, and we congratulate all other nominees on their achievement.”

The CHBA National SAM Awards will be handed out at the Association’s 72st National Conference being held in March in Halifax, Nova Scotia.

Image courtesy of Avi Urban

038 News-Homes by Avi finalist for SAM Awards_VB_L.indd 18 1/30/15 12:37 PM

FROM THE $300’SWITH 2 CAR GARAGESINNOVATIVE SOUTH CALGARY TOWNHOMES

NWNW

39

SOUTHWESTIN THE NEWS

Homes by Avi Group of Companies

FINALIST FOR 2014 NATIONAL SAM AWARDS

The Canadian Home Builders’ Association (CHBA) has announced the finalists for the 2014 CHBA National SAM Awards, with the

Homes by Avi Group of Companies being named in several categories.

“We’re thrilled to be recognized by our peers across the country,” says Alice Mateyko, president of Homes by Avi Alberta’s single-family division. “Being judged as one of the top contenders in Canada’s home building industry speaks to the talent and dedication of our entire team.”

The National SAM Awards celebrate excellence in new home design, renovation, community development and marketing across Canada. Homes by Avi’s single-family division is a finalist for Best Single Attached Home for the JV3 in Richmond Park, and Best Print Ad for “Maple Crest,” which ran in the Edmonton market.

Avi Urban, Homes by Avi’s multi-family division, is vying for top honours in Community Development for The Block (pictured below).

“We are thrilled by our nomination for national finalist for Community Development,” says Avi Urban president Charron Ungar. “The Block is an extremely unique building and one that we hope shall be considered an innovative example of wood frame apartment construction for some time. It is an honor to be recognized by our peers in the home-building industry, and we congratulate all other nominees on their achievement.”

The CHBA National SAM Awards will be handed out at the Association’s 72st National Conference being held in March in Halifax, Nova Scotia.

Image courtesy of Avi Urban

038 News-Homes by Avi finalist for SAM Awards_VB_L.indd 18 1/30/15 12:37 PM


This season’s hottest trends are a real mash-up! You can see influences of the ’70s, Scandinavian style and mid-century

modern mixed with tons of pattern. It’s an interesting time in design! Here are 11 pieces currently on our wish list.

1 Kate Spade Saturday Floral Print Anders Chair. $719. Visit westelm.com

2 SMEG Mixer in Pastel Blue. $550. Visit westelm.com

3 Underline Dinnerware. $5-$7. Visit cb2.com

4 Oslo Five-Piece Cutlery Set in Black. $75. Visit chapters.indigo.ca

1

2

4

3

By Sara Duck

TRENDWATCH

2015

MARKETPLACE

040-041 Marketplace-2015 Shopping List_VC_L.indd 22 1/30/15 12:27 PM

11

5

6

7

9 10

8

5 Eve Pendant. $249 . Visit crateandbarrel.ca

6 Sillerup Rug in Black and White. $149. Visit ikea.ca

7 Graciosa Drum Accent Table in Brown. $170. Visit pier1.ca

8 Canyon Vase. $60. Visit cb2.com

9 Silk Bauble Pillow in Forest. $69. Visit chapters.indigo.ca

10 Double-Sided Throw in Celery. $49. Visit chapters.indigo.ca

11 Paradigm Dining Table. $999.


11

5

6

7

9 10

8

5 Eve Pendant. $249 . Visit crateandbarrel.ca

6 Sillerup Rug in Black and White. $149. Visit ikea.ca

7 Graciosa Drum Accent Table in Brown. $170. Visit pier1.ca

8 Canyon Vase. $60. Visit cb2.com

9 Silk Bauble Pillow in Forest. $69. Visit chapters.indigo.ca

10 Double-Sided Throw in Celery. $49. Visit chapters.indigo.ca

11 Paradigm Dining Table. $999.



This season’s hottest trends are a real mash-up! You can see influences of the ’70s, Scandinavian style and mid-century

modern mixed with tons of pattern. It’s an interesting time in design! Here are 11 pieces currently on our wish list.

1 Kate Spade Saturday Floral Print Anders Chair. $719. Visit westelm.com

2 SMEG Mixer in Pastel Blue. $550. Visit westelm.com

3 Underline Dinnerware. $5-$7. Visit cb2.com

4 Oslo Five-Piece Cutlery Set in Black. $75. Visit chapters.indigo.ca

1

2

4

3

By Sara Duck

TRENDWATCH

2015

MARKETPLACE


ZenRavens CG20150123.indd 1 26/1/15 12:10:26

42

AIRDRIE

STRATHMORE

COCHRANE

LANGDON

22X

22X

22

22

2

2

2A543

22X

1

1

1A

LETHBRIDGE

HIGH RIVER

BLACKDIAMOND

TURNERVALLEY

OKOTOKS

CHESTERMERECALGARY

546

797

09 11

20 SUNSET BY JAYMAN INNOVATIONS 24 Sunset Rd. Cochrane, Alberta

21 THE WHITNEY BY LANDMARK HOMES 211 & 215 Fireside Parkway Cochrane, AB

AIRDRIE09 CREEKSIDE VILLAGE

BY CARLISLE GROUP 8th & MacKenzie Way Airdrie, Alberta

10 STONEKEEP AT KING’S HEIGHTS TOWNHOMES BY MERGE DEVELOPMENTS 1225 King’s Heights Way SE Airdrie, Alberta

11 THE EDGE BY STREETSIDE DEVELOPMENTS 604 East Lake Blvd N.E. Airdrie, Alberta

12 RAVENSWOOD TOWNHOMES BY SLOKKER CANADA WEST 2802 Kings Heights Gate

13 BROOKSIDE AT BAYSPRINGS BY MERGE DEVELOPMENTS Yankee Valley Blvd. and 24th St. SW BrooksideAtBaysprings.com

14 HEARTLAND TOWNHOMES BY EXCEL HOMES 101 Hillcrest Dr. SW Airdrie

15 ZEN RAVENSWOOD BY AVALON MASTERBUILDER Coming Soon Register: www.zenravenswood.com

17 ZEN OKOTOKS BY AVALON MASTERBUILDER www.zeninbalance.com

03 THE RISE BY JAYMAN MODUS 501 Riverheights Dr. Cochrane, AB

04 SUNSET RIDGE STREET TOWNS BY HOMES BY AVI 36 Sun Valley Road Cochrane, Alberta

05 STONE CREEK LANDING BY CARLISLE GROUP 103 - 5th Avenue, West, Cochrane, Alberta

COCHRANE01 TOWNHOMES AT

JUMPING POUND RIDGE BY SLOKKER CANADA WEST Sales Centre on George Fox Trail just past Jumping Pound Terrace www.slokker-west.ca

02 HEARTLAND TOWNHOMES BY EXCEL HOMES 1178 Clydesdale Way, Cochrane, Alberta

06

CALGARY’S SATELLITE COMMUNITIES

050703

02

08 21

13 1014 1215

06 THE VILLAGE BY CALBRIDGE HOMES 3102-15 Sunset Square Cochrane, Alberta

07 RIVERREACH VILLAS & MANORS BY JAYMAN MASTERBUILT 13 Riviera Way Cochrane, Alberta

08 THE RANGE BY BIRCHWOOD PROPERTIES CORP. 101 Heartland Avenue Cochrane, Alberta

01

17

0420

SATELLITE COMMUNITY

ZenRavens CG20150123.indd 1 26/1/15 12:10:26


AIRDRIE

STRATHMORE

COCHRANE

LANGDON

22X

22X

22

22

2

2

2A543

22X

1

1

1A

LETHBRIDGE

HIGH RIVER

BLACKDIAMOND

TURNERVALLEY

OKOTOKS

CHESTERMERECALGARY

546

797

09 11

20 SUNSET BY JAYMAN INNOVATIONS 24 Sunset Rd. Cochrane, Alberta

21 THE WHITNEY BY LANDMARK HOMES 211 & 215 Fireside Parkway Cochrane, AB

AIRDRIE09 CREEKSIDE VILLAGE

BY CARLISLE GROUP 8th & MacKenzie Way Airdrie, Alberta

10 STONEKEEP AT KING’S HEIGHTS TOWNHOMES BY MERGE DEVELOPMENTS 1225 King’s Heights Way SE Airdrie, Alberta

11 THE EDGE BY STREETSIDE DEVELOPMENTS 604 East Lake Blvd N.E. Airdrie, Alberta

12 RAVENSWOOD TOWNHOMES BY SLOKKER CANADA WEST 2802 Kings Heights Gate

13 BROOKSIDE AT BAYSPRINGS BY MERGE DEVELOPMENTS Yankee Valley Blvd. and 24th St. SW BrooksideAtBaysprings.com

14 HEARTLAND TOWNHOMES BY EXCEL HOMES 101 Hillcrest Dr. SW Airdrie

15 ZEN RAVENSWOOD BY AVALON MASTERBUILDER Coming Soon Register: www.zenravenswood.com

17 ZEN OKOTOKS BY AVALON MASTERBUILDER www.zeninbalance.com

03 THE RISE BY JAYMAN MODUS 501 Riverheights Dr. Cochrane, AB

04 SUNSET RIDGE STREET TOWNS BY HOMES BY AVI 36 Sun Valley Road Cochrane, Alberta

05 STONE CREEK LANDING BY CARLISLE GROUP 103 - 5th Avenue, West, Cochrane, Alberta

COCHRANE01 TOWNHOMES AT

JUMPING POUND RIDGE BY SLOKKER CANADA WEST Sales Centre on George Fox Trail just past Jumping Pound Terrace www.slokker-west.ca

02 HEARTLAND TOWNHOMES BY EXCEL HOMES 1178 Clydesdale Way, Cochrane, Alberta

06

CALGARY’S SATELLITE COMMUNITIES

050703

02

08 21

13 1014 1215

06 THE VILLAGE BY CALBRIDGE HOMES 3102-15 Sunset Square Cochrane, Alberta

07 RIVERREACH VILLAS & MANORS BY JAYMAN MASTERBUILT 13 Riviera Way Cochrane, Alberta

08 THE RANGE BY BIRCHWOOD PROPERTIES CORP. 101 Heartland Avenue Cochrane, Alberta

01

17

0420

LOOKINGFOR A

NEW HOME?It’s only a tap away.

NewHomeAndCondoGuide.caGET STARTED NOW ATDOWNLOAD THE APP

Find the perfectnew home or condo in the neighbourhood that fi ts your lifestyle.

Start searching now!

44

Here’s what you can do toRecycle, Renew and Reuse

• Keep your car in good working order. Tune-upsand filter changes cut down on exhaust emissions, and you’ll get better gas mileage.When you change your oil, take your usedmotor oil to a recycling centre.

• Use available transit alternatives.

• Separate your garbage. Glass, aluminum, paperand even plastic can be recycled. If a recyclingprogram is not directly available to you, contactyour municipal sanitation department.

• Donate reusable clothing and linens to charity.Most pick-up regularly in your area.

• Become environmentally active in yourcommunity.

You can make the world a better place to live...now and for future generations.

Recycle girl(19/9)-ja/ah


Here’s what you can do toRecycle, Renew and Reuse

• Keep your car in good working order. Tune-upsand filter changes cut down on exhaust emissions, and you’ll get better gas mileage.When you change your oil, take your usedmotor oil to a recycling centre.

• Use available transit alternatives.

• Separate your garbage. Glass, aluminum, paperand even plastic can be recycled. If a recyclingprogram is not directly available to you, contactyour municipal sanitation department.

• Donate reusable clothing and linens to charity.Most pick-up regularly in your area.

• Become environmentally active in yourcommunity.

You can make the world a better place to live...now and for future generations.

Recycle girl(19/9)-ja/ah

SATELLITE COMMUNITY

LOOKINGFOR A

NEW HOME?It’s only a tap away.

NewHomeAndCondoGuide.caGET STARTED NOW ATDOWNLOAD THE APP

Find the perfectnew home or condo in the neighbourhood that fi ts your lifestyle.

Start searching now!

OKOTOKSSHEEP RIVER

WESTLAND RD

WESTRIDGE DR

BIG ROCK TR

NO

RTH

RID

GE D

R

2A

2A7

CALG

ARY

SOU

THR

IDG

E DR

ZEN Okotoks CG 20141222.indd 1 19/12/14 10:12:32


By Linda Palfi

CONTEMPLATING CONDOMINIUMS

Linda Palfi is a condominium-specialist realtor with Discover Real Estate, is the chair of her

condo board, and is a member of the professional standards

committee of the Calgary Real Estate Board.

Visit CondosInCalgary.comor call 403.998.7732

You and yourcondominium community

A true sense of community is enjoyed in many condominium projects, be they highrise apartments, townhouses, retirement bungalows or even bare-land build-your-own house projects.

Beyond that, the greatest sense of belonging and involvement comes to those who serve as members of the condominium Board of Managers. It is they who act as the project’s miniature city council, setting the budget, hiring the management company and addressing concerns.

Condominium owners are brought together by numerous common interests. Unlike renters, they share an investment which they all want to see protected. Second, they tend to be long-term residents. Third, they share responsibility and expenses for common services, so working together can, to some extent, reduce costs and make the project more attractive, cheaper to run, and generally a more enjoyable place to live.

At my 40-unit condominium highrise near downtown, for example, we produce an in-house newsletter every couple of months. In between, informative notices are posted in the mail room, so there’s lots of information fl ow among resident owners and to/from the management company. At Christmas we held a party in our lobby, getting to know each other and enjoying a glass of cheer. Some fl oors even have “fl oor parties”in which one or another condo owner hosts a pot-luck get-together with adjacent neighbours.

If you own or plan to own a condominium apartment, townhouse or villa, consider standing for election or acclamation (which is common) to the Board of Managers for a year. It’s not a big job, as your management company does the real administration and employs tradespeople on your

behalf. But you’ll fi nd a satisfying role dealing with your project’s issues and concerns, which simply need sensible people to consider them and to make decisions.

The monthly meetings (sometimes bi-monthly or bi-weekly) are usually held over co� ee or wine in a board member’s home right on site, so you don’t need to drive to City Hall! You’ll make friends while helping run your own little community.

Once yearly, every condominium corporation holds a general meeting for all the owners within the development, at which time a new Board of Managers is elected. You and your neighbours review the budget, give policy direction to the new Board, and review the past year’s operation of your little condominium “village.” Refreshments and socializing are almost always part of the mix. If they’re not, get on the Board and make it so!

046 CC Linda Palfi_Condo community_VB_L.indd 18 1/30/15 12:27 PM

OKOTOKSSHEEP RIVER

WESTLAND RD

WESTRIDGE DR

BIG ROCK TR

NO

RTH

RID

GE D

R

2A

2A7

CALG

ARY

SOU

THR

IDG

E DR

ZEN Okotoks CG 20141222.indd 1 19/12/14 10:12:32

47

SATELLITE COMMUNITY

By Linda Palfi

CONTEMPLATING CONDOMINIUMS

Linda Palfi is a condominium-specialist realtor with Discover Real Estate, is the chair of her

condo board, and is a member of the professional standards

committee of the Calgary Real Estate Board.

Visit CondosInCalgary.comor call 403.998.7732

You and yourcondominium community

A true sense of community is enjoyed in many condominium projects, be they highrise apartments, townhouses, retirement bungalows or even bare-land build-your-own house projects.

Beyond that, the greatest sense of belonging and involvement comes to those who serve as members of the condominium Board of Managers. It is they who act as the project’s miniature city council, setting the budget, hiring the management company and addressing concerns.

Condominium owners are brought together by numerous common interests. Unlike renters, they share an investment which they all want to see protected. Second, they tend to be long-term residents. Third, they share responsibility and expenses for common services, so working together can, to some extent, reduce costs and make the project more attractive, cheaper to run, and generally a more enjoyable place to live.

At my 40-unit condominium highrise near downtown, for example, we produce an in-house newsletter every couple of months. In between, informative notices are posted in the mail room, so there’s lots of information fl ow among resident owners and to/from the management company. At Christmas we held a party in our lobby, getting to know each other and enjoying a glass of cheer. Some fl oors even have “fl oor parties”in which one or another condo owner hosts a pot-luck get-together with adjacent neighbours.

If you own or plan to own a condominium apartment, townhouse or villa, consider standing for election or acclamation (which is common) to the Board of Managers for a year. It’s not a big job, as your management company does the real administration and employs tradespeople on your

behalf. But you’ll fi nd a satisfying role dealing with your project’s issues and concerns, which simply need sensible people to consider them and to make decisions.

The monthly meetings (sometimes bi-monthly or bi-weekly) are usually held over co� ee or wine in a board member’s home right on site, so you don’t need to drive to City Hall! You’ll make friends while helping run your own little community.

Once yearly, every condominium corporation holds a general meeting for all the owners within the development, at which time a new Board of Managers is elected. You and your neighbours review the budget, give policy direction to the new Board, and review the past year’s operation of your little condominium “village.” Refreshments and socializing are almost always part of the mix. If they’re not, get on the Board and make it so!

046 CC Linda Palfi_Condo community_VB_L.indd 18 1/30/15 12:27 PM

48

SOUTHEAST

SOUTHEAST COMMUNITIES10 CANOE

BY AVI URBAN Coming Soon 25 Auburn Meadows Ave SE

11 CHALETS IN COPPERFIELD BY SABAL HOMES 1797 Copperfield Blvd SE

12 EBONY BY JAYMAN MODUS 211 Mahogany Way

13 MOSAIC CRANSTON BY BROOKFIELD HOMES 206 Cranford Drive SE

14 BOULEVARD TOWNES BY BIRCHWOOD 116 Quarry Park Way SE

16 AUBURN BAY BY STONECROFT Corner of Seton Blvd and Auburn Bay Link SE

17 MOSAIC MIRAGE BY BROOKFIELD HOMES 347 MacKenzie Towne Gate

18 THE GATES BY REMINGTON DEVELOPMENT CORPORATION Presentation Centre: 350 Quarry Park Blvd SE

19 CHAMPAGNE BY REMINGTON DEVELOPMENTCORPORATION Quarry Park Blvd SE remingtoncorp.com

20 CRANSTON PLACE BY CARDEL LIFESTYLES 302 Cranston Road SE

22 MAHOGANY STREET TOWNS BY HOMES BY AVI 13 Marine Dr SE

23 SYMMETRY AND HARMONY BY STONECROFT 121 Copperpond Common SE

01 CRANSTON RIDGE BY CARDEL LIFESTYLES Corner of Cranford Dr and Cranston Gate SE Register: www.cardellifestyles.com/cranston-ridge

02 COPPERFIELD PARK BY BRAD REMINGTON HOMES 279 Copperpond Common S.E.

03 MUSKOKA BY BROOKFIELD HOMES 65 Auburn Meadows Way

04 MOSAIC LAKESIDE AUBURN BAY BY BROOKFIELD HOMES 27 Auburn Bay Link SE

05 LEGACY STREET TOWNS BY HOMES BY AVI Now Open 42 Legacy Blvd SE

06 ZEN BY AVALON MASTER BUILDER 82 Auburn Bay Link SE

07 AUBURN WALK BY CARDEL LIFESTYLES Showsuite and Sales Centre Corner of 52nd Street and Auburn Meadows Dr. SE

08 MUSKOKA BY BROOKFIELD HOMES 27 Auburn Bay Link SE

09 BRISTOL TOWNHOMES BY BIRCHWOOD NOW SELLING 232 Quarry Park Blvd. SE

13

NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

DEER

FOOT T

RAIL

DEERFOOT TRAIL

BOW BOTTOM TRAIL

CENT

RE S

TREE

T

14 S

TREE

T

MCKNIGHT BLVD.

MEMORIAL DRIVEMEMORIAL DRIVE

FALC

ONRID

GE

GLENMORE TRAIL

52 S

TREE

T

52 S

TREE

T

BARL

OW TR

AIL

Mac

LEOD

TRAI

L

MacLEOD TRAIL

ANDERSON ROAD


JAMES M

cKEVITT

SOUTHLAND DRIVE

ELBO

W D

RIVE

BLAC

KFOO

T TRA

IL

SHAWNESSYBLVD.

GLENMORERESERVOIR

COUNTRY HILLS BLVD.

STONEY TRAIL

MET

IS TR

AIL

COUNTRY HILLS BLVD.

SADDLETREE DR.

80 Ave

64 Ave64 Ave

32 Ave

17 Ave17 Ave

16 AVENUE16 AVENUE

68 S

TREE

T

52 S

TREE

T

36 S

TREE

T

114 AVE SE

SETON BLVD.

84 S

TREE

T

CHAPARRAL

NEW BRIGHTON

AUBURN BAY

MAHOGANY

COPPERFIELD

CRANSTON

52 ST. W

12 AVENUE

16 02

01

14

13

20

11

12

05

19

18 09

23

220308

04

16 06

1007

COPPERFIELD PARK IIILOVE IT. LIVE IT. AFFORD IT.

www.copperfieldpark.com 403.723.0094

CONDOS* FROM THE $130’S +GST*Titled parking stall included.


SOUTHEAST COMMUNITIES10 CANOE

BY AVI URBAN Coming Soon 25 Auburn Meadows Ave SE

11 CHALETS IN COPPERFIELD BY SABAL HOMES 1797 Copperfield Blvd SE

12 EBONY BY JAYMAN MODUS 211 Mahogany Way

13 MOSAIC CRANSTON BY BROOKFIELD HOMES 206 Cranford Drive SE

14 BOULEVARD TOWNES BY BIRCHWOOD 116 Quarry Park Way SE

16 AUBURN BAY BY STONECROFT Corner of Seton Blvd and Auburn Bay Link SE

17 MOSAIC MIRAGE BY BROOKFIELD HOMES 347 MacKenzie Towne Gate

18 THE GATES BY REMINGTON DEVELOPMENT CORPORATION Presentation Centre: 350 Quarry Park Blvd SE

19 CHAMPAGNE BY REMINGTON DEVELOPMENTCORPORATION Quarry Park Blvd SE remingtoncorp.com

20 CRANSTON PLACE BY CARDEL LIFESTYLES 302 Cranston Road SE

22 MAHOGANY STREET TOWNS BY HOMES BY AVI 13 Marine Dr SE

23 SYMMETRY AND HARMONY BY STONECROFT 121 Copperpond Common SE

01 CRANSTON RIDGE BY CARDEL LIFESTYLES Corner of Cranford Dr and Cranston Gate SE Register: www.cardellifestyles.com/cranston-ridge

02 COPPERFIELD PARK BY BRAD REMINGTON HOMES 279 Copperpond Common S.E.

03 MUSKOKA BY BROOKFIELD HOMES 65 Auburn Meadows Way

04 MOSAIC LAKESIDE AUBURN BAY BY BROOKFIELD HOMES 27 Auburn Bay Link SE

05 LEGACY STREET TOWNS BY HOMES BY AVI Now Open 42 Legacy Blvd SE

06 ZEN BY AVALON MASTER BUILDER 82 Auburn Bay Link SE

07 AUBURN WALK BY CARDEL LIFESTYLES Showsuite and Sales Centre Corner of 52nd Street and Auburn Meadows Dr. SE

08 MUSKOKA BY BROOKFIELD HOMES 27 Auburn Bay Link SE

09 BRISTOL TOWNHOMES BY BIRCHWOOD NOW SELLING 232 Quarry Park Blvd. SE

13

NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

DEER

FOOT T

RAIL

DEERFOOT TRAIL

BOW BOTTOM TRAIL

CENT

RE S

TREE

T

14 S

TREE

T

MCKNIGHT BLVD.


FALC

ONRID

GE

GLENMORE TRAIL

52 S

TREE

T

52 S

TREE

T

BARL

OW TR

AIL

Mac

LEOD

TRAI

L

MacLEOD TRAIL

ANDERSON ROAD


JAMES M

cKEVITT

SOUTHLAND DRIVE

ELBO

W D

RIVE

BLAC

KFOO

T TRA

IL

SHAWNESSYBLVD.

GLENMORERESERVOIR

COUNTRY HILLS BLVD.

STONEY TRAIL

MET

IS TR

AIL

COUNTRY HILLS BLVD.

SADDLETREE DR.

80 Ave

64 Ave64 Ave

32 Ave

17 Ave17 Ave

16 AVENUE16 AVENUE

68 S

TREE

T

52 S

TREE

T

36 S

TREE

T

114 AVE SE

SETON BLVD.

84 S

TREE

T

CHAPARRAL

NEW BRIGHTON

AUBURN BAY

MAHOGANY

COPPERFIELD

CRANSTON

52 ST. W

12 AVENUE

16 02

01

14

13

20

11

12

05

19

18 09

23

220308

04

16 06

1007

COPPERFIELD PARK IIILOVE IT. LIVE IT. AFFORD IT.

www.copperfieldpark.com 403.723.0094

CONDOS* FROM THE $130’S +GST*Titled parking stall included.


CONDO PROFILE

By Heather Ryan

LAST CHANCE TO PURCHASEin Bristol Townhomes in Quarry Park

With just a few townhomes remaining, buyers who desire upscale townhome living in Quarry Park are down to their last opportunity to make a home in Bristol Townhomes by

Birchwood Properties.Bristol Townhomes presents a fabulous collection of 35 modern,

three-storey townhomes that have been so well received, there are just nine remaining.

“With our Boulevard Townes now sold out and just nine of our Bristol Townhomes remaining, this is really the last chance for people to purchase a new townhome in Quarry Park,” says Birchwood’s sales and marketing manager Adele Kerr. “All of the remaining townhomes will be available to move into this spring, so we can provide the opportunity for a quick possession for people looking to move in the next few months.”

The final nine townhomes available are all facing the green belt, and come with single-attached garages. There are two different models offering 1,330 sq. ft. of living space with two bedrooms, 2.5 bathrooms and an upper-floor laundry.

“These townhomes all offer the dual master bedroom design, so each has its own private ensuite and walk-in closet,” Kerr says. “For these

remaining homes, we’ve chosen our most popular colour palettes and added fireplaces, quartz countertops to all the bathrooms, as well as upgraded appliance packages to make them very well appointed.”

Kerr notes that two of the townhomes offer special pricing at $424,900 plus GST, which is a $20,000 savings. The remaining homes are priced at $445,900 plus GST.

The Bristol Townhomes feature beautiful exteriors with extensive stucco and stone detailing, and being three-storeys “they create a grand streetscape,” she says.

The townhomes showcase sought-after features like a main-floor flex-room ideal for a home office,

050-051 CP Birchwood-Bristol_VB_L.indd 46 1/30/15 12:27 PM

To learn more about Bristol, visit the new suite/sales centre at 426 Quarry

Way S.E., open Monday to Thursday, 2 to 8 p.m.; and weekends and holidays,

noon to 5 p.m. Call 403.561.1911 or visit birchwoodproperties.ca.

The townhomes showcase sought-after features like a main-floor flex-room ideal for a home office, hobby room or TV room, main-floor patio plus a second-floor balcony

hobby room or TV room, main-floor patio plus a second-floor balcony.Buyers appreciate the well-appointed interiors that include hardwood

floors, nine-ft. ceilings on the main and second floors, quartz countertops, stainless steel appliances, under-cabinet lighting in the kitchen, vessel sinks in the main bathroom, and ensuite and ceramic tile floors in the bathrooms.

The townhomes also feature several environmental initiatives such as Energy Star-rated appliances, high-efficiency furnace, low-E Solar Gain windows, water-saving toilets, and shower heads and Green Guard-certified or formaldehyde-free insulation.

Kerr says a major attraction for buyers is that Quarry Park has the feel of an established inner-city community because it offers a multitude of amenities all within walking distance.

The community offers a perfect balance of residential, office, retail and natural green space all nestled alongside the Bow River, making it an ideal place for people to live, work and play.

Residents will enjoy walking to The Market in Quarry Park, which serves as the central plaza and gathering place, featuring intricate landscaping, wide sidewalks and site furnishings, and offers a variety shops, services, restaurants, and a Co-op grocery and liquor store.

As well, Bristol Townhomes is located across from a walking path that leads to the river and is a short walk to Carburn Park. Residents can enjoy

more than 80 acres of parkland along with a new recreation centre that is scheduled to open this year.

As an added benefit, Quarry Park is serviced by a Bus Rapid Transit line that connects to the downtown, as well as numerous other bus routes connecting to both Anderson and Chinook LRT stations. It also has easy access to Glenmore and Deerfoot Trails, and it’s only 15 minutes from downtown.



CONDO PROFILE

By Heather Ryan

LAST CHANCE TO PURCHASEin Bristol Townhomes in Quarry Park

With just a few townhomes remaining, buyers who desire upscale townhome living in Quarry Park are down to their last opportunity to make a home in Bristol Townhomes by

Birchwood Properties.Bristol Townhomes presents a fabulous collection of 35 modern,

three-storey townhomes that have been so well received, there are just nine remaining.

“With our Boulevard Townes now sold out and just nine of our Bristol Townhomes remaining, this is really the last chance for people to purchase a new townhome in Quarry Park,” says Birchwood’s sales and marketing manager Adele Kerr. “All of the remaining townhomes will be available to move into this spring, so we can provide the opportunity for a quick possession for people looking to move in the next few months.”

The final nine townhomes available are all facing the green belt, and come with single-attached garages. There are two different models offering 1,330 sq. ft. of living space with two bedrooms, 2.5 bathrooms and an upper-floor laundry.

“These townhomes all offer the dual master bedroom design, so each has its own private ensuite and walk-in closet,” Kerr says. “For these

remaining homes, we’ve chosen our most popular colour palettes and added fireplaces, quartz countertops to all the bathrooms, as well as upgraded appliance packages to make them very well appointed.”

Kerr notes that two of the townhomes offer special pricing at $424,900 plus GST, which is a $20,000 savings. The remaining homes are priced at $445,900 plus GST.

The Bristol Townhomes feature beautiful exteriors with extensive stucco and stone detailing, and being three-storeys “they create a grand streetscape,” she says.

The townhomes showcase sought-after features like a main-floor flex-room ideal for a home office,


To learn more about Bristol, visit the new suite/sales centre at 426 Quarry

Way S.E., open Monday to Thursday, 2 to 8 p.m.; and weekends and holidays,

noon to 5 p.m. Call 403.561.1911 or visit birchwoodproperties.ca.

The townhomes showcase sought-after features like a main-floor flex-room ideal for a home office, hobby room or TV room, main-floor patio plus a second-floor balcony

hobby room or TV room, main-floor patio plus a second-floor balcony.Buyers appreciate the well-appointed interiors that include hardwood

floors, nine-ft. ceilings on the main and second floors, quartz countertops, stainless steel appliances, under-cabinet lighting in the kitchen, vessel sinks in the main bathroom, and ensuite and ceramic tile floors in the bathrooms.

The townhomes also feature several environmental initiatives such as Energy Star-rated appliances, high-efficiency furnace, low-E Solar Gain windows, water-saving toilets, and shower heads and Green Guard-certified or formaldehyde-free insulation.

Kerr says a major attraction for buyers is that Quarry Park has the feel of an established inner-city community because it offers a multitude of amenities all within walking distance.

The community offers a perfect balance of residential, office, retail and natural green space all nestled alongside the Bow River, making it an ideal place for people to live, work and play.

Residents will enjoy walking to The Market in Quarry Park, which serves as the central plaza and gathering place, featuring intricate landscaping, wide sidewalks and site furnishings, and offers a variety shops, services, restaurants, and a Co-op grocery and liquor store.

As well, Bristol Townhomes is located across from a walking path that leads to the river and is a short walk to Carburn Park. Residents can enjoy

more than 80 acres of parkland along with a new recreation centre that is scheduled to open this year.

As an added benefit, Quarry Park is serviced by a Bus Rapid Transit line that connects to the downtown, as well as numerous other bus routes connecting to both Anderson and Chinook LRT stations. It also has easy access to Glenmore and Deerfoot Trails, and it’s only 15 minutes from downtown.


A Fresh Collection of

SHOWSUITE

Quarry W

ay


By Alyssa Richard

MORTGAGE ADVICE

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.

Why you should pay attention to the Bank of Canada

You’ve probably seen a few headlines about the Bank of Canada’s (BoC) recent surprise decision to drop its key interest rate to 0.75 per cent. Related reading includes how the economy has shaped the central

bank’s decision to change the rate, and how the monetary policy has been updated. It’s a lot of information packed into one article, so don’t feel bad if some of it goes over your head at first.

However, if you have a mortgage – particularly a variable-rate mortgage – you may want to add a calendar reminder for each BoC announcement, released every six weeks. Why? Well, because if the overnight lending rate goes up, so could your monthly mortgage payment.

To explain how this works, let’s start with some background information. The overnight lending rate is the interest rate at which banks borrow and lend money to one another, to cover the transactions they make each day. Changes to this interest rate can directly result in changes to other interest rates, such as for consumer loans and, you guessed it – mortgages! This is because each bank’s prime rate is attached to the overnight lending rate. So, as an example, if the overnight lending rate goes up by 0.50 per cent, your bank’s prime rate will also go up by 0.50 per cent. And if you have a variable-rate mortgage, which is attached to prime rate, your mortgage rate and payment will follow suit.

Let’s assume you bought a home for $400,000, put down 10 per cent and amortized your mortgage loan over 25 years. If your bank gave you a five-year variable-rate mortgage of prime minus 0.50 per cent (say, at 2.50 per cent), your monthly mortgage payment would be $1,651. If, at any time during that five-year term, the overnight lending rate went up by one per cent, your bank’s prime rate – and therefore your mortgage rate – would also go up by one per

cent (so you’d be up to 3.50 per cent). At that rate, your monthly mortgage payment would be $1,841, which is an additional $190 per month or $2,280 per year you’d need to find in your budget to pay for.

Before this latest BoC rate announcement, the overnight lending rate sat at one per cent for four years straight. Economists don’t predict any major upward movement in the near future, so you may not need to worry about this for a while. However, its a good idea pay attention to what the BoC says in its announcements, and prepare your budget for what’s to come.

052 Mortgage Advice-Alyssa Richard-Bank of Canada_VB_L.indd 18 1/30/15 12:28 PM


HOMEBUYERS’ HELP

Three things to watch inCanadian real estate in 2015

By Wayne Karl

By all accounts, 2014 was a good year in Canadian real estate – and in some areas a great year. Here are five things to watch in Canadian real estate in 2015.

‘Overheating’ in the housing marketBank of Canada Governor Stephen Poloz spooked many Canadians in December when, in releasing the Bank’s semi-annual Financial System Review, he said that home prices could be overvalued by as much as 30 per cent.

Only weeks before, the chief economist for Canada Mortgage and Housing Corp. reassured Canadians that overheating wasn’t a serious concern. “The housing market does have a fairly bright outlook,” Bob Dugan said.

“We don’t see overheating as being a problem in any of the markets across Canada,” he said. “Some markets are stronger than others, particularly in western Canada.”

We also sought insight and reaction from a leading mortgage broker, Calum Ross.

“Respectfully, the Bank of Canada is no more qualified to talk about the specifics of the housing markets than the Canadian Real Estate Association is qualified to comment on monetary policy,” he said.

“Saying there is a Canadian housing market is not that dissimilar from saying there is a Canadian temperature – the term itself is irrelevant.”

Mortgage ratesIn its most recent interest rate announcement, the Bank of Canada once again held its influential overnight target rate at one per cent – where it has sat since September 2010.

Most economists don’t expect any notable rate increase in 2015, including BMO’s chief economist Douglas Porter. But if rates do begin to inch up, the impact will be interesting to watch.

“The chances of a two percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter said. “We do believe that at long last rates will begin to creep higher, but we are only looking at a quarter-point hike by the Bank of Canada.”

Calgary, Toronto and Vancouver – which have seen significant price gains in the last few years – are among the markets most vulnerable, he says.

Oil and gasCanadians are loving the cheap gas at the pumps these days – freeing up coin for us to spend on other consumer goods – but falling oil prices could cause a farther reaching economic shake-up.

Is it a short-term blip or a more prolonged development that could lead to dramatic change? TD Economics, for one, forecasts downgrades in economic growth in the oil-rich economies of Alberta, Newfoundland and Labrador, and Saskatchewan.

In its latest Provincial Economic Forecast in December, TD said real GDP growth in Alberta is expected to fall from its recent trend rate of more than four per cent to 2.3 per cent in 2015-16. Accordingly, after topping the 2014 growth charts by a wide margin, Alberta is expected to trail Ontario (2.5 per cent) and BC (2.4 per cent), where activity is expected to gain a step relative to 2014.

A prolonged oil and gas slump could also affect the real estate markets in Alberta – but experts say any slowdown will only bring the province more in line with growth in the rest of Canada.

054 Homebuyers Help-3 things to watch in Canadian real estate_VB_L.indd 46 1/30/15 12:28 PM

55

SOUTHEAST HOMEBUYERS’ HELP

Three things to watch inCanadian real estate in 2015

By Wayne Karl

By all accounts, 2014 was a good year in Canadian real estate – and in some areas a great year. Here are five things to watch in Canadian real estate in 2015.

‘Overheating’ in the housing marketBank of Canada Governor Stephen Poloz spooked many Canadians in December when, in releasing the Bank’s semi-annual Financial System Review, he said that home prices could be overvalued by as much as 30 per cent.

Only weeks before, the chief economist for Canada Mortgage and Housing Corp. reassured Canadians that overheating wasn’t a serious concern. “The housing market does have a fairly bright outlook,” Bob Dugan said.

“We don’t see overheating as being a problem in any of the markets across Canada,” he said. “Some markets are stronger than others, particularly in western Canada.”

We also sought insight and reaction from a leading mortgage broker, Calum Ross.

“Respectfully, the Bank of Canada is no more qualified to talk about the specifics of the housing markets than the Canadian Real Estate Association is qualified to comment on monetary policy,” he said.

“Saying there is a Canadian housing market is not that dissimilar from saying there is a Canadian temperature – the term itself is irrelevant.”

Mortgage ratesIn its most recent interest rate announcement, the Bank of Canada once again held its influential overnight target rate at one per cent – where it has sat since September 2010.

Most economists don’t expect any notable rate increase in 2015, including BMO’s chief economist Douglas Porter. But if rates do begin to inch up, the impact will be interesting to watch.

“The chances of a two percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter said. “We do believe that at long last rates will begin to creep higher, but we are only looking at a quarter-point hike by the Bank of Canada.”

Calgary, Toronto and Vancouver – which have seen significant price gains in the last few years – are among the markets most vulnerable, he says.

Oil and gasCanadians are loving the cheap gas at the pumps these days – freeing up coin for us to spend on other consumer goods – but falling oil prices could cause a farther reaching economic shake-up.

Is it a short-term blip or a more prolonged development that could lead to dramatic change? TD Economics, for one, forecasts downgrades in economic growth in the oil-rich economies of Alberta, Newfoundland and Labrador, and Saskatchewan.

In its latest Provincial Economic Forecast in December, TD said real GDP growth in Alberta is expected to fall from its recent trend rate of more than four per cent to 2.3 per cent in 2015-16. Accordingly, after topping the 2014 growth charts by a wide margin, Alberta is expected to trail Ontario (2.5 per cent) and BC (2.4 per cent), where activity is expected to gain a step relative to 2014.

A prolonged oil and gas slump could also affect the real estate markets in Alberta – but experts say any slowdown will only bring the province more in line with growth in the rest of Canada.

054 Homebuyers Help-3 things to watch in Canadian real estate_VB_L.indd 46 1/30/15 12:28 PM


By Andrew La Fleur

INVESTOR ADVICE

Andrew la Fleur is an award-winning realtor with Re/Max.

Visit TrueCondos.com/NewCondoGuide for email [email protected]

Mortgage rate wars rage onCOMPETITION GREAT FOR CONDO INVESTORS

The Bank of Canada’s recent decision to drop its overnight lending rate to 0.75 per cent has prompted some of the big banks to follow suit and lower their mortgage lending rate. TD has even reportedly predicted

another rate cut by the BoC in the future. What does this mean for mortgage holders and condo investors? The mortgage rate wars are all good news, that’s for sure.

1. Low interest rates are great for your bottom line.Low interest rates make a big di� erence to your bottom line as an investor. How? By paying down your principal faster, you’ll also pay less interest.

Consider this: on a $300,000 investment condo with 20 per cent down, at a three-per-cent interest rate, you will pay o� $34,860 in principal in the fi rst fi ve years of your mortgage and $33,287 in interest. At a six-per-cent interest rate, you would pay down only $24,391 in principal and a whopping $67,739 in interest over the fi rst fi ve years of your mortgage.

Buying the right condo, with the right mortgage rate, is a great move.

2. Low interest rates are here to stay.For the last fi ve years it’s been the same old song from the skeptics: “Yes interest rates are low, but what happens to everyone when rates jump back up to normal?” The reality is that the interest rates are not going anywhere any time soon.

The Bank of Canada has recently come out and admitted that rates aren’t going anywhere. The U.S. federal reserve is saying the same thing. No civilized country on earth is raising interest rates, so why would Canada?

The U.S. economy, and therefore the world’s economy, is still sputtering along at a snail’s pace. It’s time to accept the fact that we will be in a low interest rate environment perhaps for the next decade or more.

Are you going to sit on the sidelines and wait for higher rates or are you going to take advantage and act now?

3. When interest rates start to rise, don’t worry. Here’s why:The fears that people have about rising interest rates and a subsequent falling real estate market are irrational. Here’s why: if and when the Bank of Canada raises interest rates, that will mean that the economy is doing better than it is now, not worse. A better economy means more jobs and higher wages which means more demand for real estate, and thus prices will rise, not fall. Prices fall during recessions, not during times of growth.

Rental rate increases may slow down as more people shift from renting to buying in the future, but as a landlord you win either way. Interest rates stay the same and more people will rent driving up your income from rents. Interest rates start to go up and more people will buy, driving up your property’s value.

056 Andrew la Fleur-mortgage rate wars great for condo investors_VB_L.indd 18 1/30/15 12:28 PM

57

By Andrew La Fleur

INVESTOR ADVICE

Andrew la Fleur is an award-winning realtor with Re/Max.

Visit TrueCondos.com/NewCondoGuide for email [email protected]

Mortgage rate wars rage onCOMPETITION GREAT FOR CONDO INVESTORS

The Bank of Canada’s recent decision to drop its overnight lending rate to 0.75 per cent has prompted some of the big banks to follow suit and lower their mortgage lending rate. TD has even reportedly predicted

another rate cut by the BoC in the future. What does this mean for mortgage holders and condo investors? The mortgage rate wars are all good news, that’s for sure.

1. Low interest rates are great for your bottom line.Low interest rates make a big di� erence to your bottom line as an investor. How? By paying down your principal faster, you’ll also pay less interest.

Consider this: on a $300,000 investment condo with 20 per cent down, at a three-per-cent interest rate, you will pay o� $34,860 in principal in the fi rst fi ve years of your mortgage and $33,287 in interest. At a six-per-cent interest rate, you would pay down only $24,391 in principal and a whopping $67,739 in interest over the fi rst fi ve years of your mortgage.

Buying the right condo, with the right mortgage rate, is a great move.

2. Low interest rates are here to stay.For the last fi ve years it’s been the same old song from the skeptics: “Yes interest rates are low, but what happens to everyone when rates jump back up to normal?” The reality is that the interest rates are not going anywhere any time soon.

The Bank of Canada has recently come out and admitted that rates aren’t going anywhere. The U.S. federal reserve is saying the same thing. No civilized country on earth is raising interest rates, so why would Canada?

The U.S. economy, and therefore the world’s economy, is still sputtering along at a snail’s pace. It’s time to accept the fact that we will be in a low interest rate environment perhaps for the next decade or more.

Are you going to sit on the sidelines and wait for higher rates or are you going to take advantage and act now?

3. When interest rates start to rise, don’t worry. Here’s why:The fears that people have about rising interest rates and a subsequent falling real estate market are irrational. Here’s why: if and when the Bank of Canada raises interest rates, that will mean that the economy is doing better than it is now, not worse. A better economy means more jobs and higher wages which means more demand for real estate, and thus prices will rise, not fall. Prices fall during recessions, not during times of growth.

Rental rate increases may slow down as more people shift from renting to buying in the future, but as a landlord you win either way. Interest rates stay the same and more people will rent driving up your income from rents. Interest rates start to go up and more people will buy, driving up your property’s value.

056 Andrew la Fleur-mortgage rate wars great for condo investors_VB_L.indd 18 1/30/15 12:28 PM


By Donna Moore

THE HOMEBUYING PROCESS

Donna Moore Executive Officer,

Calgary Region Home Builders’ Association

403.235.1911 crhba.com

Some bright ideas to light up your new home

Choosing the right lighting is key to the comfort and appeal of your new home.

When you purchase a brand new condo, it often comes with a standard lighting package, and there are usually options for upgrades or sometimes the builder will give you a set allowance to spend on the lighting fixtures and features you want.

When it comes to making these lighting choices, homebuyers can get plenty of assistance from their builder, the salesperson or the interior decorator at the company’s decor centre. Alternately, they may be referred to the company’s chosen supplier, who will typically have a showroom and lighting experts on-hand to help with selections.

Before making your choices, do a little homework. Flip through magazines, browse the Internet, visit a few stores for general information and ideas, and most importantly, tour some show suites that showcase a variety of lighting styles. You could also ask your builder or the lighting centre if they have any written information or product catalogues they can lend you.

It’s a good idea to make sure you understand exactly what your builder is offering in a standard lighting package, so that you know what is already included in the price of the condo. Keep in mind that there could be an additional installation cost for some of your selections.

If you decide to upgrade the lighting beyond the builder’s standard specifications, you should set an overall budget. Tell your builder or expert how much you want to spend, and what areas in the home are most important to you, and they will be able to help you allocate your budget wisely. Also verify with the builder that your choices can be accommodated within the plans and construction schedule.

When making your lighting selection, bring samples of the interior finishings like paint colour, carpeting, countertops and cabinets, because different colours and textures absorb or reflect light differently.

Consider going through the entire home plan, room by room, to determine what each will be used for, so that you can decide on the furniture and any special features you want highlighted, and the mood you want to create with your lighting.

Another feature to think about is lighting controls. Dimmers, two-, three- or four-way switches, hand-held controls, motion sensors and timers all give you more convenience, safety and security than plain switches. And with smart systems, you can control your lights remotely with your cell phone or tablet. Ask your builder or lighting expert for recommendations best suited to how you want the lights set up.

Give some thought to the extra little touches such as door-activated closet lighting, built-in night lights in hallways, LED lights on stairs, under-cabinet

lighting in the kitchen, and spotlights for bookcases and shelves.

Today’s wide range of lighting and control options provide you with a great opportunity to make your new home just right for comfort, convenience and aesthetic effect.

058 CHBA-Donna Moore-Lighting your new home_VB_L.indd 18 1/30/15 12:28 PM


NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

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GLENMORERESERVOIR

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STONEY TRAIL

128 NE Ave

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SADDLETREE DR.

80 Ave

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32 Ave

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ABURN BAY

COPPERFIELD

CRANSTON

12 AVENUE

02 01

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NORTHEAST COMMUNITIES03 LiFFT

BY VERICON REAL ESTATE VENTURES Sales Centre #701, 7th Ave. NE livelifft.com

04 STEPS BRIDGELAND BY GIUSTINI BRIDGES IN. Sales Centre 921 - 1st Ave. NE www.stepsbridgeland.com

05 HARANA TOWNHOMES BY JAYMAN MODUS Coming Summer 2015 Register: jayman.com/harana

06 ARRIVE AT REDSTONE BY PARTNERS DEVELOPMENT GROUP 104 Redstone View (off Redstone Way)

07 ARRIVE AT SKYVIEW RANCH ARBOURS BY PARTNERS DEVELOPMENT GROUP Coming Soon www.arrivehome.ca

13 V&V BY PROVIDENCE GROUP Now Open Register: einsteincalgary.com

01 BRIDGELAND CROSSINGS BY APEX CITY HOMES Coming Soon bridgelandcrossings.com


By Lydia McNutt

IN THE NEWS

LUXURY HOMES SALES SEE DOUBLE-DIGIT INCREASES

Luxury homes are selling like hotcakes in Canada’s major markets, according to Sotheby’s International Realty Canada‘s latest Top-Tier Real Estate

Report. That upward trend is expected to continue well into 2015, with historically low mortgage lending rates, a solid Canadian economy and an ongoing flow of immigration, migration and foreign investment into Calgary, Vancouver, the Greater Toronto Area and Montreal.

The report examined properties sold in the $1 million-plus range between Jan. 1 and Dec. 31, 2014, analyzing sales volume, the number of days on market, and the percentage of homes that sold over asking price.

Canada’s big four all saw double-digit gains in the sale of luxury homes. The GTA led the pack with a 38-per-cent increase over 2013 – head and shoulders above Canada’s priciest market of Vancouver, which saw gains of 25 per cent, and Montreal’s 21 per cent. Calgary’s more modest increase of 16 per cent is attributed to fluctuations in the oil market, which introduced uncertainty to the luxury market.

With demand up and inventory down, luxury homes favored sellers in 2014, showing a drop in days on market and a rise in the number of homes sold over asking price in the GTA and Vancouver. The steady rise

High-end homes selling like hotcakes

in the benchmark price of a typical, detached single-family home (now well beyond the $1 million mark in what are considered “conventional” neighbourhoods) has propelled the price of luxury homes upward in these cities as well.

According to Sotheby’s International Realty Canada president and CEO Ross McCredie, “2014 was another benchmark year for high-end real estate in Canada, as demand continued to be fueled by historically low lending rates, a strong economy and steady immigration and migration into Canada’s major cities. We expect the market to remain strong in the GTA and Vancouver well into 2015, and for demand to outweigh available inventory, especially when it comes to detached single-family homes. The outlook for Montreal and Calgary is positive, but more conservative – both cities are heading into the year positioned to maintain balance.”

That upward trend is expected to continue well into 2015, with historically low mortgage lending rates, a solid Canadian economy and an ongoing flow of immigration, migration and foreign investment into Canada’s major markets

060 News-Luxury home sales up_VB_L.indd 18 1/30/15 12:28 PM


Condo hunter’s checklistWHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!

CONDO #1 CONDO #2 CONDO #3 CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

midrise townhome highrise conversion

Sq. ft.:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

HOMEBUYERS’ HELP

062 Homebuyers Help-Checklist_VB_L.indd 112 1/30/15 12:28 PM

condo buyers’ resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

063-065 Mortgage Rates_VB_L.indd 71 1/30/15 12:28 PM


Condo hunter’s checklistWHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!

CONDO #1 CONDO #2 CONDO #3 CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

HOMEBUYERS’ HELP

062 Homebuyers Help-Checklist_VB_L.indd 112 1/30/15 12:28 PM

condo buyers’ resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

HOMEBUYERS’ HELP


Calculate your mortgage payments using the mortgage payment calculation chart



TOTALPRE-TAX INCOME

MONTHLYPRE-TAX INCOME

SPOUSE’S PRE-TAXINCOME

AMOUNTOF MORTGAGE

(PRICE-DOWN PAYMENT)

DIVIDE BY THREE

AFFORDABLE MONTHLYPAYMENTS

DIVIDED BY 12

AMORTIZATION AMOUNT

CHART FIGURE

AMOUNTOF MORTGAGE

DIVIDED BY 1,000

AMORTIZATION AMOUNT

MONTHLY PAYMENTS

ESTIMATEDMONTHLY TAXES

AND HEAT

3.00 17.96 9.65 6.91 5.54 4.73

3.25 18.07 9.76 7.02 5.66 4.86

3.50 18.18 9.88 7.14 5.79 4.99

3.75 18.29 9.99 7.26 5.91 5.13

4.00 18.40 10.41 7.38 6.04 5.26

4.25 18.51 10.23 7.50 6.17 5.40

4.50 18.62 10.34 7.63 6.30 5.53

4.75 18.72 10.46 7.75 6.44 5.67

5.00 18.85 10.59 7.89 6.58 5.82

5.25 18.97 10.71 8.01 6.71 5.96

5.50 19.08 10.83 8.14 6.85 6.11

5.75 19.19 10.95 8.27 6.99 6.26

6.00 19.30 11.07 8.40 7.13 6.40

6.25 19.42 11.19 8.54 7.27 6.55

6.50 19.53 11.32 8.67 7.41 6.70

6.75 19.64 11.44 8.80 7.55 6.86

Amortization Periods

INTERESTRATES

5YEARS

10YEARS

15YEARS

20YEARS

25YEARS

%Calculate your mortgage payments

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

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

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

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

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institutionof your choice and get pre-qualified.

HOMEBUYERS’ HELP

You love the condo, see what you can afford!

Follow these steps to see if you’llqualify for a mortgage on your dream condo

05 Multiply this figure by the amount you need to borrow. Divide by 1,000.

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

07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.


VARIABLE 6 MONTHS 1 YEAR 2 YEARS 3 YEARS 4 YEARS 5 YEARS

Mortgage optionsYou can choose any of these mortgage options which fit into the two basic mortgage types. Lenders may even customize these options to suit your needs.

All mortgages are of two basic types:

ATB Financial 2.700 4.000 2.940 2.890 2.990 3.040 3.240

Bank of Montreal / BMO 3.000 4.000 3.140 3.040 3.850 4.390 4.990

Bank of Nova Scotia 3.100 4.550 3.290 3.140 3.440 3.940 4.790

CIBC Mortgages 3.000 4.450 2.990 2.940 3.650 4.240 4.990

Canadian Western Bank 3.200 4.000 3.140 3.040 3.650 4.200 4.990

Canadian Western Trust 3.200 4.000 3.140 3.040 3.650 4.200 4.990

Effort Trust - 4.450 3.450 3.600 3.700 4.600 4.950

Equitable Bank - - 3.140 3.140 3.950 4.540 4.940

First Calgary Financial - 4.000 2.890 2.890 3.190 3.390 3.290

First National Financial 2.450 3.950 2.990 2.590 2.690 2.890 3.090

FirstOntario Credit Un. 2.600 4.240 3.090 3.140 3.290 2.940 3.090

HSBC Bank Canada 3.100 4.450 3.540 3.040 3.540 4.240 4.940

Home Trust Company 2.500 3.950 2.890 2.890 2.790 2.940 2.950

ICICI Bank Canada 3.050 - 3.150 3.650 3.640 3.690 3.890

Investors Group Trust 3.000 4.200 3.140 3.140 3.750 4.640 4.990

Laurentian Bank Canada 3.000 4.400 3.140 3.140 3.500 4.390 4.790

League Svgs & Mortgage - 4.000 3.140 3.040 3.100 3.140 3.190

Libro Credit Union - 3.900 3.150 3.150 3.150 3.200 3.250

London Life 3.000 4.200 3.140 3.140 3.750 4.640 4.990

Manulife Bank 2.700 4.450 3.000 3.040 3.040 3.090 3.090

Manulife Trust - 4.450 3.000 3.040 3.040 3.090 3.090

Meridian Credit Union 2.750 4.000 3.090 2.650 3.650 3.290 3.190

National Bank 3.000 4.400 3.140 3.040 3.750 4.390 4.790

Peace Hills Trust - 4.500 3.150 3.500 3.750 3.850 3.950

President’s Choice Fin’l 3.000 6.190 3.190 2.940 3.590 4.040 4.440

Royal Bank of Canada 3.000 3.140 3.140 3.140 3.950 4.540 4.940

Servus Credit Union - 4.000 3.090 3.040 3.440 3.940 4.790

Steinbach Credit Union - - 2.750 2.850 2.950 3.050 3.100

T-D Mortgage 3.000 3.140 2.990 2.940 3.440 3.940 4.790

Tangerine 3.000 - 3.190 3.240 3.490 3.690 3.790

Rates are subject to change without notice.


CONVENTIONALBuyer can borrow up to 75 per cent of the purchase price or the value of the property, whichever is less. Buyer has to pay 25 per cent down. A conventional mortgage cannot exceed 75 per cent of the value of the property.

INSURED OR HIGH-RATIOBuyer can borrow up to 95 per cent of the purchase price or the value of the property, whichever is less. The down payment can be as low as five per cent.

OPEN MORTGAGEAllows borrowers are to repay all or part of the total amount of their mortgage at any time without penalty. Because of flexibility, this is ideal for borrowers who plan to sell their homes in the near future or who want to switch from a short-term mortgage at high-interest rates to a longer term when mortgage interest rates fall.

CLOSED MORTGAGEThis usually has the lowest interest rate available but lacks the flexible features of other mortgage options.

It’s a good choice for those who want the security of knowing their monthly payment is fixed for a longer term. Prepayment options are available but they are subject to conditions.

PORTABLE MORTGAGEOffers flexibility if borrowers move. Borrowers can take the mortgage to their new home or can transfer it (usually with the consent of the lender) to the purchaser of their old home. This is an attractive option if the rate on the existing mortgage is lower than current rates.



INDEX OF ADVERTISERS READ MORE ABOUT OUR ADVERTISERS!

Albert Park Station Carlisle Group 16-17

Altadore 36 Brookfield Residential 4

Arrive at Evanston Partners Developments 27-29

Auburn Walk Cardel Lifestyles 3

Avenue Grosvenor 21

Bristol Birchwood Properties 50-51, 53

Brookside at Baysprings Merge Developments 45

Canoe Avi Urban 67

Champagne Remington Development Corp. 2

Copperfield Park III Brad Remington Homes 68

Cranston Ridge Cardel Lifestyles 3

Creekside Village Carlisle Group 16-17

Edison Avi Urban 33

Ezra Birchwood Properties 24

The Gates Remington Development Corp. 48

The Guardian Hon Towers ltd. 1,6, 11-13

Harvest Mosaic Brookfield Residential 55

Heartland Townhomes Excel Homes 43

Hunter House Streetside Developments 36

Jumping Pound Ridge Slokker West 5

LIDO Battistella 22

LiFFT Vericon 23

Mosaic Mirage Brookfield Residential 55

Mosaic Riverstone Brookfield Residential 55

Muskoka Brookfield Residential 55

Nolan Park Cardel Lifestyles 3

Park Point Qualex Landmark 19

Riverfront Pointe Carlisle Group 16-17

Sabal Homes Sabal Homes 57

Sage Place Cardel Lifestyles 3

Smith Grosvenor 14

StreetTowns Homes by Avi 59

Veridian Trico Homes 26

Vivace Streetside Developments 7

Zen Avalon Master Builder 47

Zen Ravenswood Avalon Master Builder 42

Jayman Group of Companies PULLOUT INSERT

Avira, Ebony, Overture, The Rise, Trinity, Carnaby Heights, Harana

066 Index Listing.indd 74 1/30/15 12:45 PM

Sales Centre: 755 Copperpond Blvd. SE | 403.723.00942:00-8:00pm Monday-Thursday |12:00-5:00pm Sat-Sun/Holidays

MAP

IT!

www.copperfieldpark.com

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Calgary New Condo Guide - Feb 6, 2015

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