Calgary New Condo Guide - May 1, 2015

check out the views at

AmAzing PlAns

AmAzing Prices

May 1 - 29, 2015 Volume 18 Issue 5

INSIDE THIS ISSUE

SAM AWARDS WINNERS ANNOUNCED!

MORTGAGE COSTS RISING FOR SOME CANADIANS

POSSIBLE PITFALLS WHEN BUYING A HOME

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

Prices and promotions subject to change without notice. Subject toavailability. Copyright © 2015 Cardel Lifestyles. All rights reserved.

Live the lake life at Auburn Walk.201

2

DE

ER

FOO

T T

RA

IL

SETON BLVD

SOUTH HEALTH CAMPUS

AUBURNWALK

CRANSTON AVE

52

ST

AUBURNBAY LAKE

52 S

TAUBURN

MEADOWS DR

STONEY TRAIL

AUBURN BAY DRAU

BU

RN

BAY AVE

AUBURN BAY BLVD

CAMPUS

- Pre-construction pricing incentive

- Choose from 11 modern fl oorplans

- Walk to everything: future Auburn Station shopping centre next door, Auburn Lake, South Health Campus, citywide transit and more

Visit our sales centre and show suite to learn more.

MON – THUR: 2 PM – 8 PM WEEKENDS & HOLIDAYS: NOON – 5 PMCLOSED FRIDAYS

SALES CENTRE & SHOW SUITE:105 AUBURN MEADOWS DR SEREILLY LEPAGE: 403.477.1989

1+2 BDRM CONDOS

$159,900+ GST

STARTING FROM

Built for real life.CARDELCONDOS.COMCONDOS

+ TOWNS

2-time New Homebuyers Choice Award fi nalist

CL-CMP-2060 Condo Guide_Auburn Walk_7.5x10.5_May2015.indd 1 2015-04-17 2:29 PM

3

Pricing and availability are subject to change without notice. The developer reserve the right to make changes to the information contained herein. E.&O.E

SALES CENTRE 922 SHERWOOD BLVD NW, CALGARY

Mon to Thurs – 2pm to 8pmFriday – By Appointment OnlySat & Sun – 12pm to 5pm

403.456.2328

gablecraft.ca/thetimbers

2 3 BEDROOM TOWNHOMES from $359,900

HARO LAMINATE WOOD FLOORINGGAS RANGE

EXPERIENCE THE TIMBERS DIFFERENCE

OVERSIZED WINDOWSQUARTZ COUNTERTOPS

Visit The Timbers’ new Sales Centre andTWO designer show homes today!

4

Pricing and availability are subject to change without notice. The developer reserve the right to make changes to the information contained herein. E.&O.E

SALES CENTRE 922 SHERWOOD BLVD NW, CALGARY

Mon to Thurs – 2pm to 8pmFriday – By Appointment OnlySat & Sun – 12pm to 5pm

403.456.2328

gablecraft.ca/thetimbers

2 3 BEDROOM TOWNHOMES from $359,900

HARO LAMINATE WOOD FLOORINGGAS RANGE

EXPERIENCE THE TIMBERS DIFFERENCE

OVERSIZED WINDOWSQUARTZ COUNTERTOPS

Visit The Timbers’ new Sales Centre andTWO designer show homes today!

NewHomeAndCondoGuide.ca | VOLUME 18 ISSUE 05 | NEW CONDO GUIDE 5

QLD 8002 Qualex_Park Point ParkPoint_Interior_DrkKitchen_NewCondoGuide_MayIssue.ai

16.04.15

25.04.15F LR

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: Friday, April 17, 2015Run Date: MAY ISSUEPUBLICATION: NEW CONDO GUIDE - Calgary

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

d . m . y

d . m . y

301 11TH AVE SW · OPEN DAILY 12 – 5PM, EXCEPT FRIDAYS · 403 244 2428NOW SELLING · VISIT OUR DISCOVERY CENTRE TODAY

QUALEX.CA/PARKPOINT

NOW SELLING

STARTING FROM THE MID $200s

European in style with Calgary in mind, each home offers distinct details such as real granite

countertops and full slab backsplash in your premium Italian Armony Cucine kitchen. The

integrated kitchen cabinetry, appliances and hardware make your work, dining and living space

one harmonious experience. These interiors are the ultimate in everyday elegance.

CALGARY · PARKSIDE LIVING ON CENTRAL MEMORIAL PARK

CENTRAL PARK

12TH AVE SW

N

2ND

ST

SW

Another original by

Elevated AmenitiesExclusively For ResidentsAnd Their Guests

This is not an offering for sale. Any such offer can only be made by way of condominium documents and/or disclosure statement (where applicable). E. & O.E. ™ denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc.6

QLD 8002 Qualex_Park Point ParkPoint_Interior_DrkKitchen_NewCondoGuide_MayIssue.ai

16.04.15

25.04.15F LR


SIZEPROOF


NOTES

SIGNATURE

C M Y K

OK as is

OK with changes

Supply new proof with changesMaterial deadline: Friday, April 17, 2015Run Date: MAY ISSUEPUBLICATION: NEW CONDO GUIDE - Calgary

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

d . m . y

d . m . y

301 11TH AVE SW · OPEN DAILY 12 – 5PM, EXCEPT FRIDAYS · 403 244 2428NOW SELLING · VISIT OUR DISCOVERY CENTRE TODAY

QUALEX.CA/PARKPOINT

NOW SELLING

STARTING FROM THE MID $200s

European in style with Calgary in mind, each home offers distinct details such as real granite

countertops and full slab backsplash in your premium Italian Armony Cucine kitchen. The

integrated kitchen cabinetry, appliances and hardware make your work, dining and living space

one harmonious experience. These interiors are the ultimate in everyday elegance.

CALGARY · PARKSIDE LIVING ON CENTRAL MEMORIAL PARK

CENTRAL PARK

12TH AVE SW

N

2ND

ST

SW

Another original by

Elevated AmenitiesExclusively For ResidentsAnd Their Guests

This is not an offering for sale. Any such offer can only be made by way of condominium documents and/or disclosure statement (where applicable). E. & O.E. ™ denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc.

10 Editor’s Note

18 Industry UpdateAvoid home purchase pitfallsby Jim Rivait

20 CalgaryismCalgary ranks third onprosperity scorecardby Cody Battershill

22 Mortgage AdviceBank of Canada holdsovernight lending rateby Alyssa Richard

30 Contemplating CondominiumsHow condo style impacts value by Linda Palfi

32 CMHC ReportNational housing startsslow down to manage levelof inventory

34 In The NewsSAM Awards honour fi nest in home-building industryby Heather Ryan

36 In The NewsThe ups and downs of Calgary’s housing marketby Heather Ryan

40 Make Your MoveThe right mover for the jobby Chuck Resnick

44 Hot TopicFinishes and options that pay o� by Kara Kuryllowicz

52 CHBA Awards2014 SAM Awards winners announced

62 In The NewsMortgage costs about torise for some Canadiansby Lydia McNutt

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

66 Advertiser Index

11

COLUMNS / NEWS / HOMEBUYERS’ HELP

COVER STORY

MAY 1 – 29, 2015 VOLUME 18 ISSUE 05

CONTENTS

Brad Remington Homes Buyers line up for Copperfi eld Park III’s most outstanding phase yetby Heather Ryan

008-009 TOC Cal NCG_May1_L.indd 12 4/24/15 1:57 PM

CONDO PROFILES

CONTENTSPRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES

Moe Lalani

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

ART DIRECTOR

Daiana Garay

EDITOR

Lydia McNutt

CONTRIBUTING EDITORS

Wayne KarlElisa KrovblitSara Duck (on leave)

DESIGN EDITOR

Yanic Simard

Media Consultant

Natalie Houghton 587.226.1313

Like 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 7K7

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.COPYRIGHT 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.Yellow Pages NextHome is a trademark ofYellow Pages Group Co. in Canada.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

NewHomeAndCondoGuide.ca

Published by

Please recycle this magazine! Yellow Pages NextHome 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.

EMERALD SKY AT KINCORAby Carlisle Group Buyers eager for launch of Carlisle’sEmerald Sky at Kincora — By Heather Ryan

26

52

15 Southeast Map

25 Northwest Map

39 Satellite Communities

43 Inner City

27 Southwest Map

61 Northeast Map

PROJECT LOCATION MAPS

008-009 TOC Cal NCG_May1_L.indd 13 4/24/15 1:57 PM

10 NEW CONDO GUIDE | VOLUME 18 ISSUE 05 | 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

HOME-BUYING DECISION DRIVERSNew-home buyers are often driven by di� erent infl uences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home in the suburbs or a pied-à-terre in the city, you’re likely looking to compensate for what you don’t have in your current residence.

The amount of living space is usually the issue – either too much or too little. Most young families are looking for more living space, which is why builders and developers are designing homes with interiors that maximize every square foot of living space to make the most of your money.

As we get older, the quest for living space may take a di� erent direction. Downsizing is often the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or a small “crash pad” in the city that gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home.

In today’s hectic world, your new home will be your retreat, so it’s important to fi nd one that suits your needs and lifestyle. In this issue, we profi le new communities which o� er the perfect place to put up your feet, plus the latest industry news and features about buying and owning a new home. Enjoy!

BE THE ‘EARLY BIRD’ THIS SPRINGYou’ve decided to buy a new home this spring. Visions of gleaming glass condo towers rising on the skyline are certainly inspiration to get out there and stake your claim. But oftentimes, the real deals are to be found long before the shovels even hit the ground.

There are many benefi ts to buying your condo early in the development process. Purchasing in the pre-construction phase often means you’ll get a lower price, and by the time you move in, your condo will likely have appreciated in value.

Beyond the equity you’ll gain simply by virtue of patience, the period between purchase and occupancy date (which can be a few years, in some cases) o� ers homebuyers a chance to save up a larger down payment. Mortgage interest rates are currently at historic lows, but we don’t know how long this will last. The larger the downpayment, the less you’ll need to borrow and the less interest you’ll pay.

If you’re a fi rst-time homebuyer, use the waiting period before occupancy to prime yourself for the costs of condo ownership. Set aside the equivalent of your condo maintenance fees every month to get accustomed to paying this bill. Then, put that money toward your downpayment.

Now consider the rate of real estate appreciation in Canada’s major markets, and buying a pre-construction condo makes perfect fi nancial sense. In this case, it really does pay to be fi rst in line.

010 Editors Note-Early bird pre construction_L.indd 2 4/24/15 11:08 AM

COVER STORY

Buyers line up for Copperfi eld Park III’s most outstanding phase yet

By Heather Ryan

CONDO BUYERS CONTINUE TO

line up for the opportunity to enjoy the “Love It, Live It and Afford It” experience at Brad Remington Homes’ newest and most outstanding phase to date in Copperfield Park III.

“We recently launched our third phase (building four) at Copperfield Park III and it was a major success,” says Bryan Logel, vice-president of sales and marketing for Brad Remington Homes. “We had a number of people lined up and camped out, eager to be the first ones to secure a model of their choice; they want to be in the best phase of Copperfield Park III.

“The momentum that we created in the first two phases by designing top-quality homes that suit a variety of lifestyles continues in the new phase,” Logel says. “The location of this building and the views that include the community pathway, the pond and the mountains are amazing.

“We’ve kept our prices low because of the uncertainty in the economy and are offering staged deposits so buyers can pay their down payment in stages,” he adds. “We’ve really created an opportunity for anyone renting to get into home ownership and we’re doing everything we can to help people take advantage of this opportunity.”

Brad Remington Homes is committed to creating high-quality, affordable homes and Copperfield Park III offers everything from an entry-level one-bedroom up to larger two- and three-bedroom designs.

In Copperfield Park III, some improvements to the floor plans have been made to provide additional value for buyers by adding extra square footage at a reasonable cost, Logel says.

“We’ve also brought back two of our more popular plans – C and C1 – which are 792 and 825 sq. ft. and offer two bedrooms, two bathrooms in a California split design starting from an amazing $215,900,” Logel says. “I don’t

011-013 CVR-CopperfieldParkIII-May_VB_L.indd 20 4/24/15 2:17 PM


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

HOME-BUYING DECISION DRIVERSNew-home buyers are often driven by di� erent infl uences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home in the suburbs or a pied-à-terre in the city, you’re likely looking to compensate for what you don’t have in your current residence.

The amount of living space is usually the issue – either too much or too little. Most young families are looking for more living space, which is why builders and developers are designing homes with interiors that maximize every square foot of living space to make the most of your money.

As we get older, the quest for living space may take a di� erent direction. Downsizing is often the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or a small “crash pad” in the city that gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home.

In today’s hectic world, your new home will be your retreat, so it’s important to fi nd one that suits your needs and lifestyle. In this issue, we profi le new communities which o� er the perfect place to put up your feet, plus the latest industry news and features about buying and owning a new home. Enjoy!

BE THE ‘EARLY BIRD’ THIS SPRINGYou’ve decided to buy a new home this spring. Visions of gleaming glass condo towers rising on the skyline are certainly inspiration to get out there and stake your claim. But oftentimes, the real deals are to be found long before the shovels even hit the ground.

There are many benefi ts to buying your condo early in the development process. Purchasing in the pre-construction phase often means you’ll get a lower price, and by the time you move in, your condo will likely have appreciated in value.

Beyond the equity you’ll gain simply by virtue of patience, the period between purchase and occupancy date (which can be a few years, in some cases) o� ers homebuyers a chance to save up a larger down payment. Mortgage interest rates are currently at historic lows, but we don’t know how long this will last. The larger the downpayment, the less you’ll need to borrow and the less interest you’ll pay.

If you’re a fi rst-time homebuyer, use the waiting period before occupancy to prime yourself for the costs of condo ownership. Set aside the equivalent of your condo maintenance fees every month to get accustomed to paying this bill. Then, put that money toward your downpayment.

Now consider the rate of real estate appreciation in Canada’s major markets, and buying a pre-construction condo makes perfect fi nancial sense. In this case, it really does pay to be fi rst in line.

010 Editors Note-Early bird pre construction_L.indd 2 4/24/15 11:08 AM

COVER STORY

Buyers line up for Copperfi eld Park III’s most outstanding phase yet

By Heather Ryan

CONDO BUYERS CONTINUE TO

line up for the opportunity to enjoy the “Love It, Live It and Afford It” experience at Brad Remington Homes’ newest and most outstanding phase to date in Copperfield Park III.

“We recently launched our third phase (building four) at Copperfield Park III and it was a major success,” says Bryan Logel, vice-president of sales and marketing for Brad Remington Homes. “We had a number of people lined up and camped out, eager to be the first ones to secure a model of their choice; they want to be in the best phase of Copperfield Park III.

“The momentum that we created in the first two phases by designing top-quality homes that suit a variety of lifestyles continues in the new phase,” Logel says. “The location of this building and the views that include the community pathway, the pond and the mountains are amazing.

“We’ve kept our prices low because of the uncertainty in the economy and are offering staged deposits so buyers can pay their down payment in stages,” he adds. “We’ve really created an opportunity for anyone renting to get into home ownership and we’re doing everything we can to help people take advantage of this opportunity.”

Brad Remington Homes is committed to creating high-quality, affordable homes and Copperfield Park III offers everything from an entry-level one-bedroom up to larger two- and three-bedroom designs.

In Copperfield Park III, some improvements to the floor plans have been made to provide additional value for buyers by adding extra square footage at a reasonable cost, Logel says.

“We’ve also brought back two of our more popular plans – C and C1 – which are 792 and 825 sq. ft. and offer two bedrooms, two bathrooms in a California split design starting from an amazing $215,900,” Logel says. “I don’t



think you’ll find anything like that elsewhere in Calgary. These two-bedroom floor plans are ideal for two people sharing and offer tremendous value to buyers.”

Copperfield Park III is comprised of four, four-storey buildings with 304 suites. Phase three is addressed as building four on the site and offers 76 suites ranging from approximately 565 to 973 sq. ft. in one-, two- and three-bedroom layouts priced from $169,900 – making the suites incredibly affordable for a wide demographic of buyers.

“When we look at all the potential purchasers in Copperfield Park III, there really is something there for everyone. We offer a titled parking stall and storage unit with each suite, as well as a superb level of specifications and high-quality construction,” Logel says.


For more information on Copperfield Park III, visit the six different showhomes located at 755 Copperpond Blvd. S.E., open Monday to Thursday, 2 to 8 p.m.; and weekends and holidays from noon to 5 p.m. You can also visit copperfieldpark.com, or call 403.723.0094.

Brad Remington Homes is committed to creating high-quality, affordable homes and Copperfield Park III offers everything from an entry-level one-bedroom up to larger two- and three-bedroom designs

The well-appointed interiors include full-sized kitchens with granite countertops, slab or mission-style cabinets in three different colour choices, four appliances – fridge, stove, dishwasher and over-the-range microwave – in-suite laundry with the washer and dryer included, knockdown ceilings and private balconies.

Buyers can also customize their homes with optional upgrades such as a fireplace, air conditioning and hardwood flooring, to name a few.

Copperfield Park III offers a great location situated off McIvor Boulevard near the BRT bus stops, grocery stores, restaurants, shops, services and minutes away from the South Calgary hospital as well as a wide range of new amenities being developed in Seton. The location also provides easy connections to Stoney Trail, 130 Avenue S.E., Deerfoot Trail and 52 Street S.E.

With the price, features and value, it’s easy to see why people want to “Love It, Live It and Afford It” at Copperfield Park III.


14

SOUTHEAST COMMUNITIES10 CANOE

BY AVI URBAN Coming Soon 25 Auburn Meadows Ave SE

11 CHALET NO. 6 BY SABAL HOMES 646 Copperwood 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

15 LIVINGSTONE TOWNES BY TRICO COMMUNITIES 52 Legacy Gate SE

16 SANDGATE BY SABAL HOMES Coming Soon 6 Mahogany Terrace 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

21 ALTURE MIDCITY BY ALTURE PROPERTIES 15233 1 Street Southeast midcitymidnapore.ca

22 MAHOGANY STREET TOWNS BY HOMES BY AVI 13 Marine Dr 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 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 THE MORELLO 15207 1st SE themorello.ca

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

13

NOSEHILLPARK

FISH CREEK PARK

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CONDOS FROM THE $140’s

0821

SOUTHEAST


SOUTHEAST COMMUNITIES10 CANOE

BY AVI URBAN Coming Soon 25 Auburn Meadows Ave SE

11 CHALET NO. 6 BY SABAL HOMES 646 Copperwood 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

15 LIVINGSTONE TOWNES BY TRICO COMMUNITIES 52 Legacy Gate SE

16 SANDGATE BY SABAL HOMES Coming Soon 6 Mahogany Terrace 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

21 ALTURE MIDCITY BY ALTURE PROPERTIES 15233 1 Street Southeast midcitymidnapore.ca

22 MAHOGANY STREET TOWNS BY HOMES BY AVI 13 Marine Dr 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 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 THE MORELLO 15207 1st SE themorello.ca

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

13

NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

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SHAG

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DEER

FOOT T

RAIL

DEERFOOT TRAIL

BOW BOTTOM TRAIL

CENT

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TREE

T

14 S

TREE

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ONRID

GE

GLENMORE TRAIL

52 S

TREE

T

52 S

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80 Ave

64 Ave64 Ave

32 Ave

17 Ave17 Ave

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CRANSTON

52 ST. W

12 AVENUE

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12

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www.copperfieldpark.com403.723.0094

CONDOS FROM THE $140’s

0821


From left to right:Michael MelnychukAlex RuffiniEmmett Hartfield

Intelligence House is Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry.



IS THE IMF ROOTING AGAINST CANADA’S HOUSING MARKET?(PART 2)

In our last article we discussed the International

Monetary Fund’s (IMF) concerns over the amount of

new debt Canadian households have accumulated

during the low interest environment that has shaped

our markets since our last recession in 2008.

We finished our last article by proposing that increasing

debt is not a singular sign of weakening household

finances. In our opinion, what counts is how Canadians

are spending or investing the money they borrow, and

how they are servicing their debt. Currently, mortgage

debt accounts for 66 percent of all consumer debt and

the majority of our most recent experienced growth in

total national debt levels.

In economics, a common measure of financial health is

whether one is forced to spend over 30 percent of their

gross income on housing. By this measure, average

households in Edmonton and Calgary comfortably

afford the current carrying cost of the average residential

housing price, while being comparatively better off than

average households in Canada’s other top 3 major

centres. Furthermore, these average households

continue to save a significantly high portion of their

gross incomes, suggesting they are well situated to

continue to finance their homes if these carrying costs

should rise in the near future.

The IMF warns that higher interest rates could

jeopardize Canadian homeowners’ abilities to finance

their homes comfortably, which in turn could cause a

steep downturn in our housing market.

When it comes to Alberta, we don’t share the same

view.

In our last article we discussed the International Monetary Fund’s (IMF) concerns over the amount of new debt Canadian households have accumulated during the low interest environment that has shaped our markets since our last recession in 2008.

We finished our last article by proposing that increasing debt is not a singular sign of weakening household finances. In our opinion, what counts is how Canadians are spending or investing the money they borrow, and how they are servicing their debt. Currently, mortgage debt accounts for 66 percent of all consumer debt and the majority of our most recent experienced growth in total national debt levels.

In economics, a common measure of financial health is whether one is forced to spend over 30 percent of their

gross income on housing. By this measure, average households in Edmonton and Calgary comfortably afford the current carrying cost of the average residential housing price, while being comparatively better off than average households in Canada’s other top 3 major centres. Furthermore, these average households continue to save a significantly high portion of their gross incomes, suggesting they are well situated to continue to finance their homes if these carrying costs should rise in the near future.

The IMF warns that higher interest rates could jeopardize Canadian homeowners’ abilities to finance their homes comfortably, which in turn could cause a steep downturn in our housing market.

When it comes to Alberta, we don’t share the same view.




VancouverTorontoMontrealCalgary

Edmonton

$819,384

$556,603

$340,489

$452,968

$359,479

Average Housing Pricein 2014

$85,400

$80,100

$72,300

$113,800

$92,000

Average Household Income in 2011

66%

48%

32%

27%

27%

*Standard MortgagePayment/AverageMonthly Household Incomes

0%

4.6%

2.7%

16.3%

16.3%

Provincial Household SavingsRate 2013

*Mortgage payment estimated at 5% down, and a 4.7% 5-year fixed mortgage rate over 25 years of amortization. Average housing price data was collected from the Canadian Real Estate Board. All other data was collected from Statistics Canada.

17






In our last article we discussed the International

Monetary Fund’s (IMF) concerns over the amount of

new debt Canadian households have accumulated

during the low interest environment that has shaped

our markets since our last recession in 2008.

We finished our last article by proposing that increasing

debt is not a singular sign of weakening household

finances. In our opinion, what counts is how Canadians

are spending or investing the money they borrow, and

how they are servicing their debt. Currently, mortgage

debt accounts for 66 percent of all consumer debt and

the majority of our most recent experienced growth in

total national debt levels.

In economics, a common measure of financial health is

whether one is forced to spend over 30 percent of their

gross income on housing. By this measure, average

households in Edmonton and Calgary comfortably

afford the current carrying cost of the average residential

housing price, while being comparatively better off than

average households in Canada’s other top 3 major

centres. Furthermore, these average households

continue to save a significantly high portion of their

gross incomes, suggesting they are well situated to

continue to finance their homes if these carrying costs

should rise in the near future.

The IMF warns that higher interest rates could

jeopardize Canadian homeowners’ abilities to finance

their homes comfortably, which in turn could cause a

steep downturn in our housing market.

When it comes to Alberta, we don’t share the same

view.

In our last article we discussed the International Monetary Fund’s (IMF) concerns over the amount of new debt Canadian households have accumulated during the low interest environment that has shaped our markets since our last recession in 2008.

We finished our last article by proposing that increasing debt is not a singular sign of weakening household finances. In our opinion, what counts is how Canadians are spending or investing the money they borrow, and how they are servicing their debt. Currently, mortgage debt accounts for 66 percent of all consumer debt and the majority of our most recent experienced growth in total national debt levels.

In economics, a common measure of financial health is whether one is forced to spend over 30 percent of their

gross income on housing. By this measure, average households in Edmonton and Calgary comfortably afford the current carrying cost of the average residential housing price, while being comparatively better off than average households in Canada’s other top 3 major centres. Furthermore, these average households continue to save a significantly high portion of their gross incomes, suggesting they are well situated to continue to finance their homes if these carrying costs should rise in the near future.

The IMF warns that higher interest rates could jeopardize Canadian homeowners’ abilities to finance their homes comfortably, which in turn could cause a steep downturn in our housing market.

When it comes to Alberta, we don’t share the same view.




VancouverTorontoMontrealCalgary

Edmonton

$819,384

$556,603

$340,489

$452,968

$359,479

Average Housing Pricein 2014

$85,400

$80,100

$72,300

$113,800

$92,000

Average Household Income in 2011

66%

48%

32%

27%

27%

*Standard MortgagePayment/AverageMonthly Household Incomes

0%

4.6%

2.7%

16.3%

16.3%

Provincial Household SavingsRate 2013

*Mortgage payment estimated at 5% down, and a 4.7% 5-year fixed mortgage rate over 25 years of amortization. Average housing price data was collected from the Canadian Real Estate Board. All other data was collected from Statistics Canada.


By Jim Rivait

INDUSTRY UPDATE

Buying a home is a challenging process, and no purchaser wants to discover a potentially costly deal breaker at the last moment.

That’s why it’s essential for consumers to be aware of the possible pitfalls of signing an exclusive service agreement with a real estate agent to help you buy a home.

Our association is hearing of cases where buyers never realized that an exclusive agreement means a real estate agent is entitled a commission on the sale of a new home or condo bought directly through a builder.

Buyers are then in a tough spot. It’s important to understand that the builder has no legal obligation to pay the commission.

So, how can buyers protect themselves against unexpected shocks?The fi rst step is to understand that the Real Estate Council of Alberta

(RECA) introduced new requirements for real estate professionals last July, so the rules may have changed since you last bought a home.

The non-government regulator made it mandatory for its members to use written service agreements with clients. The goal was to clarify the roles and responsibilities of agents and their clients in an attempt to reduce confl icts and confusion.

The RECA website provides more information about what parts of the agreement are negotiable, including the services to be provided, length of the agreement and remuneration.

Buyers can also negotiate whether the buyer representation agreement is exclusive or non-exclusive.

A non-exclusive agreement leaves the consumer free to act on their own without having to pay a commission on a sale. Consumers can also enter into non-exclusive agreements with multiple agents.

An exclusive agreement locks the consumer into the terms of the contract – including commissions – even if the buyer deals directly with a builder.

RECA states that consumers can request a non-exclusive agreement but that its members are not obliged to accept those terms. The buyer has the option of fi nding a di� erent agent.

Builders have taken steps in the past to work with buyers who want to be represented by an agent. The Builder/Realtor Cooperation Program is in place in both Calgary and Edmonton, and many major builders participate.

A key principle of that program is that agents must register a client with the builder and then accompany the prospective buyer to view any showhomes.

This ensures that all the participants understand right from the start that

Avoid home purchase pitfalls

an agent will be involved in the sale. Homebuyers can avoid

unexpected costs and stress by ensuring that they fully understand the terms and conditions before they sign either an exclusive or non-exclusive a service agreement. That’s the simple way to avoid complications later.

The Canadian Home Builders’ Association – Alberta represents over 1,500 business members including new home builders, renovators, developers, trade and supply companies, and professional services.

Jim Rivait is chief executive officer of the Canadian Home Builders’ Association – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy,

strategic communications, policy development/analysis and

association management.

018 CHBA-Jim Rivait-Avoid home purchase surprises_VC_L.indd 18 4/24/15 11:08 AM

19

By Jim Rivait

INDUSTRY UPDATE

Buying a home is a challenging process, and no purchaser wants to discover a potentially costly deal breaker at the last moment.

That’s why it’s essential for consumers to be aware of the possible pitfalls of signing an exclusive service agreement with a real estate agent to help you buy a home.

Our association is hearing of cases where buyers never realized that an exclusive agreement means a real estate agent is entitled a commission on the sale of a new home or condo bought directly through a builder.

Buyers are then in a tough spot. It’s important to understand that the builder has no legal obligation to pay the commission.

So, how can buyers protect themselves against unexpected shocks?The fi rst step is to understand that the Real Estate Council of Alberta

(RECA) introduced new requirements for real estate professionals last July, so the rules may have changed since you last bought a home.

The non-government regulator made it mandatory for its members to use written service agreements with clients. The goal was to clarify the roles and responsibilities of agents and their clients in an attempt to reduce confl icts and confusion.

The RECA website provides more information about what parts of the agreement are negotiable, including the services to be provided, length of the agreement and remuneration.

Buyers can also negotiate whether the buyer representation agreement is exclusive or non-exclusive.

A non-exclusive agreement leaves the consumer free to act on their own without having to pay a commission on a sale. Consumers can also enter into non-exclusive agreements with multiple agents.

An exclusive agreement locks the consumer into the terms of the contract – including commissions – even if the buyer deals directly with a builder.

RECA states that consumers can request a non-exclusive agreement but that its members are not obliged to accept those terms. The buyer has the option of fi nding a di� erent agent.

Builders have taken steps in the past to work with buyers who want to be represented by an agent. The Builder/Realtor Cooperation Program is in place in both Calgary and Edmonton, and many major builders participate.

A key principle of that program is that agents must register a client with the builder and then accompany the prospective buyer to view any showhomes.

This ensures that all the participants understand right from the start that

Avoid home purchase pitfalls

an agent will be involved in the sale. Homebuyers can avoid

unexpected costs and stress by ensuring that they fully understand the terms and conditions before they sign either an exclusive or non-exclusive a service agreement. That’s the simple way to avoid complications later.

The Canadian Home Builders’ Association – Alberta represents over 1,500 business members including new home builders, renovators, developers, trade and supply companies, and professional services.

Jim Rivait is chief executive officer of the Canadian Home Builders’ Association – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy,

strategic communications, policy development/analysis and

association management.

018 CHBA-Jim Rivait-Avoid home purchase surprises_VC_L.indd 18 4/24/15 11:08 AM

Brookfi eldYYC

HECK NO YOU WON’T MOW!

Low maintenance, single level living nestled within the beautiful enclave of Riverstone of Cranston. Spacious floor plans available with 3 model types; including a large balcony option. For a limited time only, enjoy an upgraded Dream Garage package (up to a $10,000 value).

S

CR

AN

B

ROO

K D

R SE

livebrookfield.com/Riverstone98 Cranbrook Drive SE | [email protected] 403.457.5980 | Mon - Thur: 2pm - 8pm | Fri - Sun & Holidays: 12pm - 5pm

RELAX on your

240 sq.ft. balcony

Olive II shown


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

Calgary ranks thirdON PROSPERITY SCORECARD

Good news everyone! Calgary has been named the third most prosperous city in the world for 2014 by the Toronto Region Board of Trade’s Scorecard on Prosperity. Here’s a peek at the top 10 most

prosperous cities of the world in 2014:

#1› Paris, France#2› Stockholm, Sweden#3› Calgary, Canada#4› Oslo, Norway#5› Toronto, Canada#6› Boston, U.S.#7› San Francisco, U.S.#8› Seattle, U.S.#9› London, UK#10› Sydney, Australia

In 2013 and 2014, Calgary managed to place second on the annual rankings, however YYC has slipped slightly in 2015 due to a lower score in the “economic” and “labour attractiveness” categories in which it received a score of “B” instead of “A” like it had the previous year.

Calgary is the strongest economically of all Canadian cities listed, but lost two spots in the category to Paris and Stockholm. For labour attractiveness, YYC also fell to fi fth spot, behind Barcelona, Spain.

On the other hand, Calgary has the shortest commuting times – approximately 52 minutes on average – and is home to some of the most a� ordable housing out of all North American cities that were included in the report analysis.

Calgary’s population is also one of its strong points; its rate of growth has increased considerably and the percentage of people aged between 25 and 34 is the highest on the continent. In addition, it is also a very safe city with the lowest homicide rating out of all North American cities.

More on Calgary’s ScoresCalgary received fi ve “A” grades, and ranks in the top four or fi ve in 15 di� erent categories. As mentioned above, the Scorecard on Prosperity highlights its population growth as one of its strong points, with an average growth of 2.9 per cent over the past half-decade.

To put things in perspective, Calgary is growing almost at the same rate as Shanghai, China.

More about the Scorecard on ProsperityThe Toronto Region Board of Trade has been measuring and assessing the labour prospects and economic conditions of the Toronto Metropolitan Area since the release of its fi rst report in 2009 by comparing the city`s performance to more than 20 others around the globe.

This results in a Scorecard on Prosperity that includes 33 di� erent

indicators, each split into two categories: Economy, and Labour Attractiveness.

Rankings are made using a “most successful” and “least successful” methodology, based on combined results from both categories. For a more in-depth look into the Toronto Region Board of Trade’s annual Scorecard on Prosperity, checkout bot.com

As a born and raised Calgarian, I must say, well done YYC! Hats o� to you and the tons of wonderful people who make this place such a great place to live.

Join UsWant to know more about “the heart of the new west?” If so, join Calgaryism on Twitter, Instagram and Facebook and learn about everything to do with Calgary today. Hope to see you there!

020 Cody-Calgary ranks third_L.indd 18 4/24/15 1:50 PM

Brookfi eldYYC

HECK NO YOU WON’T MOW!

Low maintenance, single level living nestled within the beautiful enclave of Riverstone of Cranston. Spacious floor plans available with 3 model types; including a large balcony option. For a limited time only, enjoy an upgraded Dream Garage package (up to a $10,000 value).

S

CR

AN

B

ROO

K D

R SE

livebrookfield.com/Riverstone98 Cranbrook Drive SE | [email protected] 403.457.5980 | Mon - Thur: 2pm - 8pm | Fri - Sun & Holidays: 12pm - 5pm

RELAX on your

240 sq.ft. balcony

Olive II shown

21

SOUTHEAST

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

Calgary ranks thirdON PROSPERITY SCORECARD

Good news everyone! Calgary has been named the third most prosperous city in the world for 2014 by the Toronto Region Board of Trade’s Scorecard on Prosperity. Here’s a peek at the top 10 most

prosperous cities of the world in 2014:

#1› Paris, France#2› Stockholm, Sweden#3› Calgary, Canada#4› Oslo, Norway#5› Toronto, Canada#6› Boston, U.S.#7› San Francisco, U.S.#8› Seattle, U.S.#9› London, UK#10› Sydney, Australia

In 2013 and 2014, Calgary managed to place second on the annual rankings, however YYC has slipped slightly in 2015 due to a lower score in the “economic” and “labour attractiveness” categories in which it received a score of “B” instead of “A” like it had the previous year.

Calgary is the strongest economically of all Canadian cities listed, but lost two spots in the category to Paris and Stockholm. For labour attractiveness, YYC also fell to fi fth spot, behind Barcelona, Spain.

On the other hand, Calgary has the shortest commuting times – approximately 52 minutes on average – and is home to some of the most a� ordable housing out of all North American cities that were included in the report analysis.

Calgary’s population is also one of its strong points; its rate of growth has increased considerably and the percentage of people aged between 25 and 34 is the highest on the continent. In addition, it is also a very safe city with the lowest homicide rating out of all North American cities.

More on Calgary’s ScoresCalgary received fi ve “A” grades, and ranks in the top four or fi ve in 15 di� erent categories. As mentioned above, the Scorecard on Prosperity highlights its population growth as one of its strong points, with an average growth of 2.9 per cent over the past half-decade.

To put things in perspective, Calgary is growing almost at the same rate as Shanghai, China.

More about the Scorecard on ProsperityThe Toronto Region Board of Trade has been measuring and assessing the labour prospects and economic conditions of the Toronto Metropolitan Area since the release of its fi rst report in 2009 by comparing the city`s performance to more than 20 others around the globe.

This results in a Scorecard on Prosperity that includes 33 di� erent

indicators, each split into two categories: Economy, and Labour Attractiveness.

Rankings are made using a “most successful” and “least successful” methodology, based on combined results from both categories. For a more in-depth look into the Toronto Region Board of Trade’s annual Scorecard on Prosperity, checkout bot.com

As a born and raised Calgarian, I must say, well done YYC! Hats o� to you and the tons of wonderful people who make this place such a great place to live.

Join UsWant to know more about “the heart of the new west?” If so, join Calgaryism on Twitter, Instagram and Facebook and learn about everything to do with Calgary today. Hope to see you there!

020 Cody-Calgary ranks third_L.indd 18 4/24/15 1:50 PM

Rear deck/patio

Sunset Ridge | from the $340s

Legacy | from the $350s

Mahogany | from the $390s

COCHRANE

2 Car parking pad or garage

Landscaped private yard

Granite or quartz kitchen countertops

Laminate flooring


DATE:17 Apr 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 LIV-13594 Condo Guide HP May1 v2.inddPublication Condo Guide Insertion May 1, 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

VISIT OUR SALES CENTRE AT 52 LEGACY GATE SE • 403.460.7930 • www.livingstonetownes.com

TAKE A PEEKBEHIND OUR BLINDS!Behind every Livingstone Townhome is a fully insulated & drywalled double garage, perfect for keeping your car in the style it’s become accustomed to. But it’s not just your car we’re spoiling, these turnkey townhomes come fully loaded.

• Stainless steel appliance package• Laminate fl ooring throughout main fl oor• Deck, fence & landscaping included• Quiet location• Flexible Down Payment Plan Available

This is the opportunity you’ve been waiting for. You CAN have it all.

Starting From The

Plus GST

$360’s*

NO CONDO FEES*Rendering is artist’s concept only and may be subject to change. Prices subject to change without notice. E.&.O.E.

By Alyssa Richard, founder and CEO, RateHub.ca

MORTGAGE ADVICE

Bank of Canada holds overnight lending rate

Interest rates aren’t going anywhere. The Bank of Canada has announced it is holding its overnight lending rate at 0.75 per cent for another six weeks – and depending on the picture our future economy paints, it could be for a lot

longer than that.The overnight rate has only been sitting at 0.75 per cent for a little less than

three months now, after Governor Stephen Poloz finally decided to cut it down from the one per cent it had held steady at for nearly 4.5 years. That decision was made in January, in an attempt to shield highly indebted Canadians from the negative impacts of the significant drop in oil prices (and job losses that have occurred as a result).

With oil prices staying low and the economy continuing to suffer, it was presumed that the central bank would further cut its rate in March and again at this most recent interest rate announcement – but that didn’t happen.

In a speech he made just a few weeks ago, Poloz announced that, “the first quarter of 2015 will look atrocious, because the oil shock is a big deal for us.” And it did. “The Canadian economy is estimated to have stalled in the first quarter of 2015. The ultimate size of this impact will need to be monitored closely.”

As of press time, total CPI inflation is at one per cent, which reflects the drop

in consumer energy prices, and core inflation remains close to two per cent. Unfortunately, first quarter results will place additional pressure on inflation, but GDP growth is expected to rebound later this year. And the central bank continues to offer messages of hope that the economy should reach and remain at full capacity by the end of 2016.

If the economy doesn’t pick up, we could see another interest rate cut this year. But my guess is Poloz will monitor it for a longer period of time than just three or four months before making that decision. The next interest rate announcement is on May 27, so we’ll see what the future holds then.

022 HALF Alyssa-BoC holds overnight lending rate_VB_L.indd 18 4/24/15 1:49 PM

Rear deck/patio

Sunset Ridge | from the $340s

Legacy | from the $350s

Mahogany | from the $390s

COCHRANE

2 Car parking pad or garage

Landscaped private yard

Granite or quartz kitchen countertops

Laminate flooring

DATE:17 Apr 2015

Produced by


Fax: 403.287.9915



File Name LIV-13594 Condo Guide HP May1 v2.inddPublication Condo Guide Insertion May 1, 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

VISIT OUR SALES CENTRE AT 52 LEGACY GATE SE • 403.460.7930 • www.livingstonetownes.com

TAKE A PEEKBEHIND OUR BLINDS!Behind every Livingstone Townhome is a fully insulated & drywalled double garage, perfect for keeping your car in the style it’s become accustomed to. But it’s not just your car we’re spoiling, these turnkey townhomes come fully loaded.

• Stainless steel appliance package• Laminate fl ooring throughout main fl oor• Deck, fence & landscaping included• Quiet location• Flexible Down Payment Plan Available

This is the opportunity you’ve been waiting for. You CAN have it all.

Starting From The

Plus GST

$360’s*

NO CONDO FEES*Rendering is artist’s concept only and may be subject to change. Prices subject to change without notice. E.&.O.E.

By Alyssa Richard, founder and CEO, RateHub.ca

MORTGAGE ADVICE

Bank of Canada holds overnight lending rate

Interest rates aren’t going anywhere. The Bank of Canada has announced it is holding its overnight lending rate at 0.75 per cent for another six weeks – and depending on the picture our future economy paints, it could be for a lot

longer than that.The overnight rate has only been sitting at 0.75 per cent for a little less than

three months now, after Governor Stephen Poloz finally decided to cut it down from the one per cent it had held steady at for nearly 4.5 years. That decision was made in January, in an attempt to shield highly indebted Canadians from the negative impacts of the significant drop in oil prices (and job losses that have occurred as a result).

With oil prices staying low and the economy continuing to suffer, it was presumed that the central bank would further cut its rate in March and again at this most recent interest rate announcement – but that didn’t happen.

In a speech he made just a few weeks ago, Poloz announced that, “the first quarter of 2015 will look atrocious, because the oil shock is a big deal for us.” And it did. “The Canadian economy is estimated to have stalled in the first quarter of 2015. The ultimate size of this impact will need to be monitored closely.”

As of press time, total CPI inflation is at one per cent, which reflects the drop

in consumer energy prices, and core inflation remains close to two per cent. Unfortunately, first quarter results will place additional pressure on inflation, but GDP growth is expected to rebound later this year. And the central bank continues to offer messages of hope that the economy should reach and remain at full capacity by the end of 2016.

If the economy doesn’t pick up, we could see another interest rate cut this year. But my guess is Poloz will monitor it for a longer period of time than just three or four months before making that decision. The next interest rate announcement is on May 27, so we’ll see what the future holds then.

022 HALF Alyssa-BoC holds overnight lending rate_VB_L.indd 18 4/24/15 1:49 PM

NOSEHILLPARK

16 AVENUEOLD BANFF COACH ROAD

16 AVENUE CENT

RE S

TREE

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37 S

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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

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SYMONS VALLEY RD.COUNTRY HILLS BLVD.

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

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

09 NOLAN PARK BY CARDEL LIFESTYLES 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 Register today: Ezraonrileypark.com

12 EMERALD SKY BY CARLISLE GROUP 355 Kincora Glen Rd. NW www.emeraldsky.ca

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

21 LIDO BY BATTISTELLA Sales Centre 1120 Kensington Rd

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

NORTHWEST COMMUNITIES

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01 PANORAMA WEST BY CARDEL LIFESTYLES 175 Panatella Hill NW

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03 VIRIDIAN BY TRICO HOMES 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

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ONT

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TRAI

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14 S

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69 S

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STR

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M

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ANDERSON ROAD

SOUTHLAND DRIVE

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JAMES M

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ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

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SHAWNESSYBLVD.

GLENMORERESERVOIR

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BEDDINGTON TRAIL NW

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

STONEY TRAIL

COUNTRY HILLS BLVD.

DEER

FOOT T

RAIL

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EST H

ILLS

BLVD

NE

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64 Ave

37 S

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EE T

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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

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PKW

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TREE

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ST

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SYMONS VALLEY RD.COUNTRY HILLS BLVD.

NOSE

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

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

09 NOLAN PARK BY CARDEL LIFESTYLES 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 Register today: Ezraonrileypark.com

12 EMERALD SKY BY CARLISLE GROUP 355 Kincora Glen Rd. NW www.emeraldsky.ca

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


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

NORTHWEST COMMUNITIES

01

15

14

0219

21

11

181009

0612

08

0305

01 PANORAMA WEST BY CARDEL LIFESTYLES 175 Panatella Hill NW

02 KENSINGTON BY BUCCI 2nd Ave and 10th St. NW

03 VIRIDIAN BY TRICO HOMES 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


CONDO PROFILE

By Heather Ryan

Buyers eager for launch of

CARLISLE’S EMERALD SKY AT KINCORA

A long line of people eager to buy affordable, quality-built condos in one of northwest

Calgary’s premier communities made for a successful launch of the Carlisle Group’s newest master-planned urban village.

If early registrations (which tallied more than 800 interested buyers) are any indication, there are a lot of people looking forward to buying a home at Carlisle Group’s first ‘Elite Series’ project – Emerald Sky at Kincora.

Emerald Sky features a modern-look design with high-grade finishes and will include five, six-storey buildings consisting of 633

026-027 CP-Emerald Sky_VB_L.indd 46 4/24/15 11:08 AM

For more information about Emerald Sky at Kincora, visit the presentation centre at 355 Kincora Glen Road N.W., which is open Monday through

Thursday from 2 to 8 p.m.; and weekends and holidays from noon to 5 p.m. Call 403.460.2510, email [email protected] or visit emeraldsky.ca

Emerald Sky provides all residents with heated underground parking, secured bicycle storage and there will be a shared barbecue patio on the rooftop of each building

apartment-style condos and 33 townhomes.

“The buildings are all concrete and steel construction. Even the walls between each unit will be concrete,” says Jim Bryce, vice-president of sales and marketing. “Using these materials means a quieter and safer environment for homebuyers and also offers great value for resale.”

As the first six-storey concrete and steel construction condominium being built in the area, “Emerald Sky literally stands out on its own,” he says.

Along with the concrete and steel construction, a major appeal for buyers is the price – Emerald Sky offers an exceptional price with two bedrooms starting in the $180,000s.

Carlisle Group offers plenty of choice for buyers, including one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den plans ranging from 571 to 937 sq. ft., which will appeal to everyone from first-time buyers to empty nesters and anyone looking for an ultra-comfortable and maintenance-free lifestyle.

The suites offer modern, bright and open-concept designs that make efficient use of space with lots of energy-efficient windows to ensure an abundance of natural light. This Elite Series of homes presents well-appointed interiors that include granite countertops in the kitchens and bathrooms, stainless steel appliances, upgraded lighting, wood shaker cabinets, in-suite laundry with front-load washer and dryer, and luxury vinyl plank flooring in the entry, kitchen and bathrooms.

There is also a variety of colour motifs and upgrades available, so buyers have the opportunity to personalize their space. The Carlisle Group offers an online design centre to help prospective homebuyers visualize their space.

Emerald Sky also provides all residents with heated underground parking, secured bicycle storage and there will be a shared barbecue patio on the rooftop of each building. As well, there will be greenspace with walking paths, benches, courtyards, relaxing gardens and trees nestled throughout the development, creating an oasis just outside your door and providing a beautiful place for socializing with friends and family.

“We are proud of the value proposition we provide to customers,” Bryce says, noting that Carlisle Group’s pricing is typically 10 to 20 per cent below market pricing. “We provide quality condominiums at a very affordable price, and we provide great value.”

Emerald Sky also offers a stellar northwest location, being just north of Stoney Trail, between Shaganappi Trail and Symons Valley Boulevard N.W. and with easy access to all these major transportation routes.

As an added benefit for buyers, Kincora is an established community with a wide range of amenities and conveniences within easy reach. Emerald Sky is within walking distance of a planned transit hub and Sage Hill Crossing, a major 386,000-sq.-ft. retail project that includes a recently opened Walmart with more shops, services, coffee shops and restaurants expected to open soon. Plus, it’s a short drive to nearby Creekside Shopping Centre, Beacon Hill Shopping Centre, Symons Valley Ranch Farmer’s Market and Cross Iron Mills.



CONDO PROFILE

By Heather Ryan

Buyers eager for launch of

CARLISLE’S EMERALD SKY AT KINCORA

A long line of people eager to buy affordable, quality-built condos in one of northwest

Calgary’s premier communities made for a successful launch of the Carlisle Group’s newest master-planned urban village.

If early registrations (which tallied more than 800 interested buyers) are any indication, there are a lot of people looking forward to buying a home at Carlisle Group’s first ‘Elite Series’ project – Emerald Sky at Kincora.

Emerald Sky features a modern-look design with high-grade finishes and will include five, six-storey buildings consisting of 633


For more information about Emerald Sky at Kincora, visit the presentation centre at 355 Kincora Glen Road N.W., which is open Monday through

Thursday from 2 to 8 p.m.; and weekends and holidays from noon to 5 p.m. Call 403.460.2510, email [email protected] or visit emeraldsky.ca

Emerald Sky provides all residents with heated underground parking, secured bicycle storage and there will be a shared barbecue patio on the rooftop of each building

apartment-style condos and 33 townhomes.

“The buildings are all concrete and steel construction. Even the walls between each unit will be concrete,” says Jim Bryce, vice-president of sales and marketing. “Using these materials means a quieter and safer environment for homebuyers and also offers great value for resale.”

As the first six-storey concrete and steel construction condominium being built in the area, “Emerald Sky literally stands out on its own,” he says.

Along with the concrete and steel construction, a major appeal for buyers is the price – Emerald Sky offers an exceptional price with two bedrooms starting in the $180,000s.

Carlisle Group offers plenty of choice for buyers, including one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den plans ranging from 571 to 937 sq. ft., which will appeal to everyone from first-time buyers to empty nesters and anyone looking for an ultra-comfortable and maintenance-free lifestyle.

The suites offer modern, bright and open-concept designs that make efficient use of space with lots of energy-efficient windows to ensure an abundance of natural light. This Elite Series of homes presents well-appointed interiors that include granite countertops in the kitchens and bathrooms, stainless steel appliances, upgraded lighting, wood shaker cabinets, in-suite laundry with front-load washer and dryer, and luxury vinyl plank flooring in the entry, kitchen and bathrooms.

There is also a variety of colour motifs and upgrades available, so buyers have the opportunity to personalize their space. The Carlisle Group offers an online design centre to help prospective homebuyers visualize their space.

Emerald Sky also provides all residents with heated underground parking, secured bicycle storage and there will be a shared barbecue patio on the rooftop of each building. As well, there will be greenspace with walking paths, benches, courtyards, relaxing gardens and trees nestled throughout the development, creating an oasis just outside your door and providing a beautiful place for socializing with friends and family.

“We are proud of the value proposition we provide to customers,” Bryce says, noting that Carlisle Group’s pricing is typically 10 to 20 per cent below market pricing. “We provide quality condominiums at a very affordable price, and we provide great value.”

Emerald Sky also offers a stellar northwest location, being just north of Stoney Trail, between Shaganappi Trail and Symons Valley Boulevard N.W. and with easy access to all these major transportation routes.

As an added benefit for buyers, Kincora is an established community with a wide range of amenities and conveniences within easy reach. Emerald Sky is within walking distance of a planned transit hub and Sage Hill Crossing, a major 386,000-sq.-ft. retail project that includes a recently opened Walmart with more shops, services, coffee shops and restaurants expected to open soon. Plus, it’s a short drive to nearby Creekside Shopping Centre, Beacon Hill Shopping Centre, Symons Valley Ranch Farmer’s Market and Cross Iron Mills.


NOW SELLING IN 5 LOCATIONS

FOR MORE INFORMATION VISIT:

carlislegroup.ca

South Calgary’s Most Desirable Location

$160’sFROMThE

CONSTRUCTION STARTED

MARQUIS OF LORNE TRAIL SE (22X)

210 AVENUE SEMACLEO

D TRAIL

LEGAC

Y BLVD SE

SALES CENTRE LOCATEd AT 210 AVE SE, CALGARy

SALES CENTRE HOURS: Mon - Thurs 2-8 pm Saturday, Sunday & Holidays 12- 5 pm

403.460.5206

FEATURING

• Choice of 4 professionally designed interior finishing packages

• 5 appliance package

• Spacious patio or deck

• Hardieboard fibre cement siding

• Secure titled heated underground parking ARTIST’S RENDERING ONLY

ASk AbOUT OUR EASY DOWN PAYMENT PLAN!*OAC based on 5% deposit, 3.19% interest amortized over 25 years.

$688 MONThLy*

WITH PAYMENTS FROM

YOU QUALIFY WITH A HOUSEHOLD INCOME OF

$35,000

ALBERTA’S #1 CONDO BUILDERMAYBE IT’S BECAUSE WE’RE SO EAGER TO PLEASE

OR CALL US AT:

403.571.8426

IMMEDIATE POSSESSIONS AvAILABLE

ALBERT PARK: ShOW SUITE OPEN

AIRdRIE: ShOW SUITE OPEN

KINCORA EMERALd SKy: PRESENTATION CENTRE NOW OPEN

LEGACy: PRESENTATION CENTRE NOW OPEN

COChRANE: By APPOINTMENT ONLy

EDMONTON: IN MANY LOCATIONS

CONCRETE AND STEEL CONSTRUCTION FOR THE INTELLIGENT PURCHASER

standard Granite countertops & stainless steel appliances indoor Heated parKinG (some with direct access)

coMMandinG location WitH stunninG VieWs

Quiet, Modern & ultra coMFortaBle

Master planned urBan VillaGe desiGn

$180’s2 BedrooMs FroM tHe

KINCORA GLEN ROAD NW

STONEY TRAIL NW

37TH

ST. SYM

ONS

VALLEY RD.

Sales Centre Hours: Mon.-Thurs. 2-8 pmSat. & Sun. 12-5 pm Closed Fridays

403.460.2510

For immediate possessions visit CarlisleGroup.ca

Co

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all

bet

wee

n s

uit

es

Con

Cr

ete

wa

llb

etw

een

su

ites

ConCrete floor

ConCrete Ceiling

qU

IETE

R

qU

IETE

R

SAFER

bETTER RESALE

CONCRETE PRICED bETTER THAN OUR COMPETITOR’S WOOD

PICTURE PERFECT LIvING

ARTIST’S RENDERINGS ONLY

now selling now sellingGo to EmeraldSky.ca FOR MORE INFORMATION Go to LegacyGate.ca FOR MORE INFORMATION

NOW SELLING IN 5 LOCATIONS

FOR MORE INFORMATION VISIT:

carlislegroup.ca

South Calgary’s Most Desirable Location

$160’sFROMThE

CONSTRUCTION STARTED

MARQUIS OF LORNE TRAIL SE (22X)

210 AVENUE SEMACLEO

D TRAIL

LEGAC

Y BLVD SE

SALES CENTRE LOCATEd AT 210 AVE SE, CALGARy

SALES CENTRE HOURS: Mon - Thurs 2-8 pm Saturday, Sunday & Holidays 12- 5 pm

403.460.5206

FEATURING

• Choice of 4 professionally designed interior finishing packages

• 5 appliance package

• Spacious patio or deck

• Hardieboard fibre cement siding

• Secure titled heated underground parking ARTIST’S RENDERING ONLY

ASk AbOUT OUR EASY DOWN PAYMENT PLAN!*OAC based on 5% deposit, 3.19% interest amortized over 25 years.

$688 MONThLy*

WITH PAYMENTS FROM

YOU QUALIFY WITH A HOUSEHOLD INCOME OF

$35,000

ALBERTA’S #1 CONDO BUILDERMAYBE IT’S BECAUSE WE’RE SO EAGER TO PLEASE

OR CALL US AT:

403.571.8426

IMMEDIATE POSSESSIONS AvAILABLE

ALBERT PARK: ShOW SUITE OPEN

AIRdRIE: ShOW SUITE OPEN

KINCORA EMERALd SKy: PRESENTATION CENTRE NOW OPEN

LEGACy: PRESENTATION CENTRE NOW OPEN

COChRANE: By APPOINTMENT ONLy

EDMONTON: IN MANY LOCATIONS

CONCRETE AND STEEL CONSTRUCTION FOR THE INTELLIGENT PURCHASER

standard Granite countertops & stainless steel appliances indoor Heated parKinG (some with direct access)

coMMandinG location WitH stunninG VieWs

Quiet, Modern & ultra coMFortaBle

Master planned urBan VillaGe desiGn

$180’s2 BedrooMs FroM tHe

KINCORA GLEN ROAD NW

STONEY TRAIL NW

37TH

ST. SYM

ONS

VALLEY RD.

Sales Centre Hours: Mon.-Thurs. 2-8 pmSat. & Sun. 12-5 pm Closed Fridays

403.460.2510

For immediate possessions visit CarlisleGroup.ca

Co

nC

ret

e w

all

bet

wee

n s

uit

es

Con

Cr

ete

wa

llb

etw

een

su

ites

ConCrete floor

ConCrete Ceiling

qU

IETE

R

qU

IETE

R

SAFER

bETTER RESALE

CONCRETE PRICED bETTER THAN OUR COMPETITOR’S WOOD

PICTURE PERFECT LIvING

ARTIST’S RENDERINGS ONLY

now selling now sellingGo to EmeraldSky.ca FOR MORE INFORMATION Go to LegacyGate.ca FOR MORE INFORMATION

3 STOREY TOWNHOMES

STARTING IN THE $330’S

*Do not include GST. Possession subject to availability. Prices subject to change without notice. E&O.E,30 NEW CONDO GUIDE | VOLUME 18 ISSUE 05 | NewHomeAndCondoGuide.ca

By Linda Palfi

CONTEMPLATING CONDOMINIUMS

Linda Palfi is a condominium-specialist realtor with Discover Real Estate. She is the chair of

her condo board, and a member of the professional standards committee of the Calgary Real

Estate Board. Visit CondosInCalgary.com

or call 403.998.7732

How condo style impacts value

Like people, condominiums come in all types, sizes and shapes. There are also issues affecting each style of condo home and its market value:

Highrise condos: The first condo to come to most people’s minds, of course, is an apartment. Variations on the apartment theme include four-storey walk-ups, highrises served by elevators, and penthouses, which could involve multiple decks, rooftop decks and/or multiple levels. Keep in mind that upon resale, the market has a bias in favour of views in highrises, and a bias against ground-floor suites. It’s not that lack of view or being on the ground floor has a dramatic impact on value, but when there is a selection, these suites sometimes take longer to sell and don’t command quite as high a price. If you prefer ground-level, of course, that can save you money at purchase.

When thinking views, consider direction. Homes that face more than one direction, with at least one looking to the sunny south, sell faster and for a higher price. There is a slight bias against north-facing suites, although I’ve had buyers who specifically wanted them. Again, that means some bargain power for them when they shop, but it’s also a consideration when they eventually sell.

Condo townhomes: Townhouse condos have even more variations than apartments. Some of them have full basements, while others are built “concrete slab on-grade.” Having a basement adds value that will be reflected in the price per square foot for the above-grade area of the home. Townhouses also have more value if they are built in a single row, with light from both front and back. The end units of such rows might also have end windows, so these get light from three sides – very popular sellers. Other townhouse designs are “back-to-back,” so the non-end units have windows facing only one direction.

In addition, townhouses can be built with every suite of two or three levels being vertically separate. Others are “stacked” three-storey buildings, with a bungalow suite on the ground floor, and a two-storey suite above. In some cases the bungalow extends under two back-to-back homes above, so the bungalow has windows front and back, but the homes above do not.

Other considerations are that some of these buildings are concrete, although most are wood-frame construction, and some townhouses have drive-under parking for one or even two cars, while most have stall or carport parking. With all these variations, the value of each should be obvious, and they combine with location to create the market value of each home. Retirement villas: Also called “bungalow townhouses,” these one-storey attached condo homes tend to be newer, are often alongside golf courses, and commonly have an age restriction, such as 55+ only. Villas are often built as duplexes, so every home has windows on three sides, yet some developments have “inside units” that are bracketed between their attached neighbours. Other factors influencing value will be the number of bedrooms or a den, whether the attached garage is for one or two cars, whether the basement (if it has one) is finished, and whether that basement has a walkout with lots of windows.

Bare land condos: Lastly, unattached single-family homes can be owned as condominiums. These homes are easier to understand than some believe, and can be much like any other subdivision. Firstly, be assured that you own the land as much as anyone does anywhere else. You also own the entire house that has been built on the land you own. But you also share ownership of the condominium corporation that has a package of service and maintenance agreements you agree to when you buy.

You agree to exterior maintenance standards, and the work is done collectively to save money and maintain consistency. As well, you agree to jointly organized lawn cutting, landscaping and snow clearing. All in all, it’s a house, but for a modest fee, you can travel for months, or golf, and outward appearances will be maintained.

030 CC Linda Palfi_Condo Styles So Many to Choose From_VB_L.indd 18 4/24/15 11:08 AM

3 STOREY TOWNHOMES

STARTING IN THE $330’S

*Do not include GST. Possession subject to availability. Prices subject to change without notice. E&O.E,

By Linda Palfi

CONTEMPLATING CONDOMINIUMS

Linda Palfi is a condominium-specialist realtor with Discover Real Estate. She is the chair of

her condo board, and a member of the professional standards committee of the Calgary Real

Estate Board. Visit CondosInCalgary.com

or call 403.998.7732

How condo style impacts value

Like people, condominiums come in all types, sizes and shapes. There are also issues affecting each style of condo home and its market value:

Highrise condos: The first condo to come to most people’s minds, of course, is an apartment. Variations on the apartment theme include four-storey walk-ups, highrises served by elevators, and penthouses, which could involve multiple decks, rooftop decks and/or multiple levels. Keep in mind that upon resale, the market has a bias in favour of views in highrises, and a bias against ground-floor suites. It’s not that lack of view or being on the ground floor has a dramatic impact on value, but when there is a selection, these suites sometimes take longer to sell and don’t command quite as high a price. If you prefer ground-level, of course, that can save you money at purchase.

When thinking views, consider direction. Homes that face more than one direction, with at least one looking to the sunny south, sell faster and for a higher price. There is a slight bias against north-facing suites, although I’ve had buyers who specifically wanted them. Again, that means some bargain power for them when they shop, but it’s also a consideration when they eventually sell.

Condo townhomes: Townhouse condos have even more variations than apartments. Some of them have full basements, while others are built “concrete slab on-grade.” Having a basement adds value that will be reflected in the price per square foot for the above-grade area of the home. Townhouses also have more value if they are built in a single row, with light from both front and back. The end units of such rows might also have end windows, so these get light from three sides – very popular sellers. Other townhouse designs are “back-to-back,” so the non-end units have windows facing only one direction.

In addition, townhouses can be built with every suite of two or three levels being vertically separate. Others are “stacked” three-storey buildings, with a bungalow suite on the ground floor, and a two-storey suite above. In some cases the bungalow extends under two back-to-back homes above, so the bungalow has windows front and back, but the homes above do not.

Other considerations are that some of these buildings are concrete, although most are wood-frame construction, and some townhouses have drive-under parking for one or even two cars, while most have stall or carport parking. With all these variations, the value of each should be obvious, and they combine with location to create the market value of each home. Retirement villas: Also called “bungalow townhouses,” these one-storey attached condo homes tend to be newer, are often alongside golf courses, and commonly have an age restriction, such as 55+ only. Villas are often built as duplexes, so every home has windows on three sides, yet some developments have “inside units” that are bracketed between their attached neighbours. Other factors influencing value will be the number of bedrooms or a den, whether the attached garage is for one or two cars, whether the basement (if it has one) is finished, and whether that basement has a walkout with lots of windows.

Bare land condos: Lastly, unattached single-family homes can be owned as condominiums. These homes are easier to understand than some believe, and can be much like any other subdivision. Firstly, be assured that you own the land as much as anyone does anywhere else. You also own the entire house that has been built on the land you own. But you also share ownership of the condominium corporation that has a package of service and maintenance agreements you agree to when you buy.

You agree to exterior maintenance standards, and the work is done collectively to save money and maintain consistency. As well, you agree to jointly organized lawn cutting, landscaping and snow clearing. All in all, it’s a house, but for a modest fee, you can travel for months, or golf, and outward appearances will be maintained.

030 CC Linda Palfi_Condo Styles So Many to Choose From_VB_L.indd 18 4/24/15 11:08 AM

NORTHWEST

AT EVANSTON AT REDSTONE

LOCATED ON SITE

CALL 587-755-1166FOR PRE-CONSTRUCTION INCENTIVES

ON LOCATION SALES CENTRE NOW OPEN!1 BLOCK WEST OF 14TH ST. NW ON

SYMONS VALLEY PARKWAY

CALL 403-264-8963OVER 65% SOLD

VISIT OUR SHOWHOMES TODAY104 REDSTONE VIEW N.E.

OFF REDSTONE WAY

ARRIVEHOME.CAARRIVE AT EVANSTONLOCATION

EVANSTON SALES CENTRE AND REDSTONE SHOWHOMES OPEN:MONDAY TO THURSDAY 2PM TO 8PM SATURDAY AND SUNDAY 12PM TO 5PM

EXCLUSIVE

GREENSPACE AND

PLAYGROUND

ARRIVE HOMETake 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.

EVANSTON DR

SYMONS VA

LLEY PKWY

144 AVE

14 S

T N

W

SYMONS VALLEY ROAD NWBEDDINGTON TRAIL

STONEY TRAIL NW

STONEY TRAIL NE

TRA

IL REDSTONEDRIVE

REDSTONEWAY R

EDST

ON

E ST

REE

T

MET

IS T

RA

IL

DEER

FOO

T

128 AVE

COUNTRY HILLS BLVD


CMHC REPORT

National housing starts slow down to manage level of inventory: CMHC

The trend measure of housing starts in Canada was 179,016 units in March compared to 180,236 in February, according to Canada Mortgage and

Housing Corp. (CMHC).“Despite recent month-to-month changes in the

seasonally adjusted annual rates (SAAR), the trend in housing starts essentially held steady in March compared to February,” says Bob Dugan, chief economist at CMHC’s Market Analysis Centre. “However, the trend in housing construction has moved lower since September 2014, partly reflecting efforts to manage the level of completed but unsold units.”

The trend measure of housing starts in Canada was 179,016 units in March compared to 180,236 in February, according to CMHC

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The stand-alone monthly SAAR was 189,708 units in March, up from 151,238 units in February. The SAAR of urban starts increased by 28.1 per cent in March to 177,459 units. Multiple urban starts increased by 48.2 per cent to 125,263 units in March while the single-detached urban starts segment decreased by 3.4 per cent to 52,196 units.

In March, the seasonally adjusted annual rate of urban starts increased in Ontario, British Columbia, Québec and the Prairies, while it decreased in Atlantic.

Rural starts were estimated at a seasonally adjusted annual rate of 12,249 units.

032 CMHC Report-March housing starts_VB_L.indd 18 4/24/15 11:08 AM

Built Green (20/3)-/cb

AT EVANSTON AT REDSTONE

LOCATED ON SITE

CALL 587-755-1166FOR PRE-CONSTRUCTION INCENTIVES

ON LOCATION SALES CENTRE NOW OPEN!1 BLOCK WEST OF 14TH ST. NW ON

SYMONS VALLEY PARKWAY

CALL 403-264-8963OVER 65% SOLD

VISIT OUR SHOWHOMES TODAY104 REDSTONE VIEW N.E.

OFF REDSTONE WAY

ARRIVEHOME.CAARRIVE AT EVANSTONLOCATION

EVANSTON SALES CENTRE AND REDSTONE SHOWHOMES OPEN:MONDAY TO THURSDAY 2PM TO 8PM SATURDAY AND SUNDAY 12PM TO 5PM

EXCLUSIVE

GREENSPACE AND

PLAYGROUND

ARRIVE HOMETake 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.

EVANSTON DR

SYMONS VA

LLEY PKWY

144 AVE

14 S

T N

W

SYMONS VALLEY ROAD NWBEDDINGTON TRAIL

STONEY TRAIL NW

STONEY TRAIL NE

TRA

IL REDSTONEDRIVE

REDSTONEWAY R

EDST

ON

E ST

REE

T

MET

IS T

RA

IL

DEER

FOO

T

128 AVE

COUNTRY HILLS BLVD

33

CMHC REPORT

National housing starts slow down to manage level of inventory: CMHC

The trend measure of housing starts in Canada was 179,016 units in March compared to 180,236 in February, according to Canada Mortgage and

Housing Corp. (CMHC).“Despite recent month-to-month changes in the

seasonally adjusted annual rates (SAAR), the trend in housing starts essentially held steady in March compared to February,” says Bob Dugan, chief economist at CMHC’s Market Analysis Centre. “However, the trend in housing construction has moved lower since September 2014, partly reflecting efforts to manage the level of completed but unsold units.”

The trend measure of housing starts in Canada was 179,016 units in March compared to 180,236 in February, according to CMHC

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The stand-alone monthly SAAR was 189,708 units in March, up from 151,238 units in February. The SAAR of urban starts increased by 28.1 per cent in March to 177,459 units. Multiple urban starts increased by 48.2 per cent to 125,263 units in March while the single-detached urban starts segment decreased by 3.4 per cent to 52,196 units.

In March, the seasonally adjusted annual rate of urban starts increased in Ontario, British Columbia, Québec and the Prairies, while it decreased in Atlantic.

Rural starts were estimated at a seasonally adjusted annual rate of 12,249 units.

032 CMHC Report-March housing starts_VB_L.indd 18 4/24/15 11:08 AM

NORTHWEST


IN THE NEWS

SAM Awards honour finest in home-building industry By Heather Ryan

It was a night filled with excitement as both first-time and previous winners were honoured at the Canadian

Home Builders Association - Calgary Region’s 28th Annual SAM (Sales and Marketing) Awards on April 18.

This year’s gala event at the Telus Convention Centre saw more than 1,600 people join in recognizing the outstanding achievements by the home-building industry’s finest, from builders and developers to marketing and sales professionals.

A record total of 834 entries were submitted by members competing for

58 awards in 10 different categories covering all aspects of the residential construction industry.

A strong group of contenders were in the running for this year’s Grand SAM Award for Multi-Family Builder of the Year, which ultimately saw Calbridge 2010 come out on top.

Jayman Modus, Homes by Avi, Sabal by Hopewell and Morrison Homes Multi Family were all finalists for the top award.

Calbridge also won two Multi-Family category awards: Best New Design Villa/Duplex/Townhome 1,200 sq. ft. And Over, and Best Villa / Duplex – Up To $374,999.

Jayman Modus won the award for Best New Design Apartment-Style Condo 900 sq. ft. And Over, for its Penthouse G in Overture.

Copperfield Park II

034-035 News-SAM Awards Honours Finest_VB_L.indd 46 4/24/15 11:50 AM

“The Overture in Currie Barracks is our newest luxury condo residence and penthouse community so it was a honour to win the award for Best Apartment-Style Condo over 900 sq. ft. as our industry continues to showcase high quality builders in these categories,” says Sandi Serr, project marketing specialist for Jayman Modus.

Homes by Avi Urban won the Multi-Family Home Award for Best Apartment-Style Condo – One Bedroom + Den for Sawyer Silverado.

“It’s always an honour to be recognized by our peers for the work we do,” says Avi Urban president Charron Ungar. “We appreciate the recognition and congratulate all the other winners from this year’s awards.”

Remington Development Corporation won the Multi-Family Home Award for Best Apartment-Style Condo – Two Bedrooms & Up for Champagne.

“Once again, the SAM Awards were a tremendous success, and we were thrilled to have won an award for a fourth year in a row for Champagne,” says Julie Seidel, Remington’s residential sales manager. “We feel privileged to be recognized amongst some of the best builders in the industry, and we offer congratulations to all the finalists and winners this year.”

The Best Multi-Family Community Award went to Macdonald Development Corporation for the Villas at Watermark in Watermark at Bearspaw, which won the Community of the Year – Calgary Region Award.

“Watermark’s truly unique setting has awarded us an opportunity to deliver an exceptional Villa home to those who deserve the view of a lifetime, the Rocky Mountains,” says Ian Macdonald, director of sales and marketing. “Our team is proud to share in the vision of this one-of-a-kind

This year’s gala event at the Telus Convention Centre saw more than 1,600 people join in recognizing the outstanding achievements by the home-building industry’s finest, from builders and developers to marketing and sales professionals

community with our current and future residents.”

In the Sales Achievement Awards category the Sales Team of the Year – Multi-Family award went to the Brad Remington Homes’s team at Copperfield Park.

“It’s an amazing accomplishment and we are incredibly honoured to have reached this level of success,” says Bryan Logel, vice-president of sales and marketing for Brad Remington Homes. “Having achieved this before I can tell you just how difficult it is to accomplish, especially since this is based on sales volume and we’re competing against projects that are in a completely different price range. Focusing on affordability and quality has been the key to our ‘Love It, Live It, Afford It’ strategy. This caps off an incredible year for Brad Remington Homes and the Copperfield Park development.”

As part of the SAM Awards, the Professional Home Builders Institute hands out the Customer Insight New Home Buyers Choice awards. Customer Insight surveys homebuyers through an agreement with the Alberta New Home Warranty about their builders’ customer service, and Cardel Lifestyles was presented with the customer service award in the 50-149 possession range for Panorama West.

“We’re ecstatic about the win because this award is actually determined by customers and it surveys all new home buyers so that’s what makes this special,” says Brad Logel, sales and marketing manager for Cardel Lifestyles. “To us it’s a big deal because this award recognizes the value we provide. It’s our goal to provide the highest level of customer service in the industry.”


Building Condos and Townhomes from $230’s to $1.7m

Modus_Sun_Booklet May issue.indd 1 4/20/2015 10:47:26 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 35 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


FEATURING:• 1200 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

UNOBSTRUCTIVE RAVINE VIEW LIVING

60 Nolan Hill Blvd NWjayman.com/trinity

MOVE INNOW

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

ONLY 6 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” • Designer blind package

3 bedrooms from $460’s (INC GST)Monthly Payment from $1964

Qualifying Income from $84,662

FREE LISTING

THROUGH JAYMAN REALITY

- 2014 -



47 EvansRidge Court NWjayman.com/avira

AND NOW FOR SOMETHING DIFFERENT

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

FEATURING:• 1200 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 $1437


3 bedrooms from high $380’s (INC GST)Monthly Payment from $1617


MOVE INSPRING

SHOWHOMENOW OPEN




2 bedrooms Starting from $340’s (INC GST)Monthly Payment from $1450


1 bedroom + den from $230’s (INC GST)Monthly Payment from $1026




4 storey building with state of the art fitness gym, heated underground parking and easy access to the lake and Mahogany amenities

CONDOS

THE ULTIMATE IN CHOICE ALL WITHIN A FOUR SEASON LAKE COMMUNITY

C O N D O S

FEATURING:• 622 sq ft - 1040 sq ft • Stainless steel appliances

• Engineered laminate flooring • Ceramic tile flooring • Granite countertops • Premium features on select suites:

Maple cabinets, quartz waterfall countertops, shag carpeting, full height glass tile kitchen backsplash

MOVE INNOW

Located on corner of Mahogany Blvd SE and Mahogany Way SE

jayman.com/ebony

- 2014 -


- 2014 -



TOWNHOMES

263 Mahogany Way SEjayman.com/ebony

MOVE INNOW

30 DAYS

2 bedrooms Starting from $340’s (INC GST)Monthly Payment from $1450


2 & 3 bedroom townhomes with single, tandem & double heated garage, a beautiful courtyard with water feature and tot lot



THE ULTIMATE IN CHOICE ALL WITHIN A FOUR SEASON LAKE COMMUNITY

FEATURING:• 5 floor plans • 1170 sq ft – 1649 sq ft

• 9’ ceilings • Laminate & ceramic tile flooring • Granite countertops • Stainless steel appliances

• Upper level laundry centre

FEATURING:• 622 sq ft - 1040 sq ft • Stainless steel appliances

• Engineered laminate flooring • Ceramic tile flooring • Granite countertops • Premium features on select suites:

Maple cabinets, quartz waterfall countertops, shag carpeting, full height glass tile kitchen backsplash

- 2014 -



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 $460’s - $1.7m+

BUILDING 1 70% SOLD OUTBUILDING 2 65% SOLD OUTBUILDING 3 NOW RELEASED


60 Nolan Hill Blvd NWjayman.com/carnaby

NEW 2 & 3 bedroom townhomes with garage

A LITTLE OLD WORLD STYLE WITH A15,000 SQ FT CENTRAL GREEN SPACE AMENITY

WITH FIRE PIT, TOT LOT, AND BENCHES...

NOW OPEN

PRE- CONSTRUCTION PRICING !!Starting from low $300’s

FEATURING:• 1195 sq ft - 1725 sq ft • 3 storey townhomes with the ultimate of

living with front and rear balconies on select homes • Single, tandem and double car garage with door opener • 6 NEW floor plans with open concept and 9’ ceiling • Stainless steel

appliances • Washer & Dryer in laundry centre • 3 new interior color design palette choices • Laminate flooring • Air conditioning, hardwood flooring,

ceramic tile flooring and gas range plus much more available options


NEW 2 & 3 bedroom townhomes with garage

A LITTLE OLD WORLD STYLE WITH A15,000 SQ FT CENTRAL GREEN SPACE AMENITY

WITH FIRE PIT, TOT LOT, AND BENCHES...

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 May with occupancy December

350,000 plus GST 18,500 (GST) 6,300 (Rebate if applicable) 362,200 5% down $18,110 1000 Deposit Hold May 9,055 2.5% (consolidation - approximately 10 days)

Remaining 9,055 staggered monthly until last payment 45 days prior to possession

June 1811 July 1811 August 1811 September 1811 October 1811

Buying a home is possible!ASK US ABOUT THE

JAYMAN MODUS DOWNPAYMENT SAVINGS

PROGRAM

jayman.com/modus

Payment Structure

Purchase Price

PRE- CONSTRUCTION PRICING !!Starting from low $300’s

FEATURING:• 1195 sq ft - 1725 sq ft • 3 storey townhomes with the ultimate of

living with front and rear balconies on select homes • Single, tandem and double car garage with door opener • 6 NEW floor plans with open concept and 9’ ceiling • Stainless steel

appliances • Washer & Dryer in laundry centre • 3 new interior color design palette choices • Laminate flooring • Air conditioning, hardwood flooring,

ceramic tile flooring and gas range plus much more available options


Sales Centre Hours:Mon to Thu 2 - 8 pm

Sat/Sun 12 - 5 pm

jayman.com/modusjayman.com/modus

/jaymanmodus/jaymanmodus

The name Modus stands for how we do things. In the past 35 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.



IN THE NEWS

SAM Awards honour finest in home-building industry By Heather Ryan

It was a night filled with excitement as both first-time and previous winners were honoured at the Canadian

Home Builders Association - Calgary Region’s 28th Annual SAM (Sales and Marketing) Awards on April 18.

This year’s gala event at the Telus Convention Centre saw more than 1,600 people join in recognizing the outstanding achievements by the home-building industry’s finest, from builders and developers to marketing and sales professionals.

A record total of 834 entries were submitted by members competing for

58 awards in 10 different categories covering all aspects of the residential construction industry.

A strong group of contenders were in the running for this year’s Grand SAM Award for Multi-Family Builder of the Year, which ultimately saw Calbridge 2010 come out on top.

Jayman Modus, Homes by Avi, Sabal by Hopewell and Morrison Homes Multi Family were all finalists for the top award.

Calbridge also won two Multi-Family category awards: Best New Design Villa/Duplex/Townhome 1,200 sq. ft. And Over, and Best Villa / Duplex – Up To $374,999.

Jayman Modus won the award for Best New Design Apartment-Style Condo 900 sq. ft. And Over, for its Penthouse G in Overture.

Copperfield Park II


“The Overture in Currie Barracks is our newest luxury condo residence and penthouse community so it was a honour to win the award for Best Apartment-Style Condo over 900 sq. ft. as our industry continues to showcase high quality builders in these categories,” says Sandi Serr, project marketing specialist for Jayman Modus.

Homes by Avi Urban won the Multi-Family Home Award for Best Apartment-Style Condo – One Bedroom + Den for Sawyer Silverado.

“It’s always an honour to be recognized by our peers for the work we do,” says Avi Urban president Charron Ungar. “We appreciate the recognition and congratulate all the other winners from this year’s awards.”

Remington Development Corporation won the Multi-Family Home Award for Best Apartment-Style Condo – Two Bedrooms & Up for Champagne.

“Once again, the SAM Awards were a tremendous success, and we were thrilled to have won an award for a fourth year in a row for Champagne,” says Julie Seidel, Remington’s residential sales manager. “We feel privileged to be recognized amongst some of the best builders in the industry, and we offer congratulations to all the finalists and winners this year.”

The Best Multi-Family Community Award went to Macdonald Development Corporation for the Villas at Watermark in Watermark at Bearspaw, which won the Community of the Year – Calgary Region Award.

“Watermark’s truly unique setting has awarded us an opportunity to deliver an exceptional Villa home to those who deserve the view of a lifetime, the Rocky Mountains,” says Ian Macdonald, director of sales and marketing. “Our team is proud to share in the vision of this one-of-a-kind

This year’s gala event at the Telus Convention Centre saw more than 1,600 people join in recognizing the outstanding achievements by the home-building industry’s finest, from builders and developers to marketing and sales professionals

community with our current and future residents.”

In the Sales Achievement Awards category the Sales Team of the Year – Multi-Family award went to the Brad Remington Homes’s team at Copperfield Park.

“It’s an amazing accomplishment and we are incredibly honoured to have reached this level of success,” says Bryan Logel, vice-president of sales and marketing for Brad Remington Homes. “Having achieved this before I can tell you just how difficult it is to accomplish, especially since this is based on sales volume and we’re competing against projects that are in a completely different price range. Focusing on affordability and quality has been the key to our ‘Love It, Live It, Afford It’ strategy. This caps off an incredible year for Brad Remington Homes and the Copperfield Park development.”

As part of the SAM Awards, the Professional Home Builders Institute hands out the Customer Insight New Home Buyers Choice awards. Customer Insight surveys homebuyers through an agreement with the Alberta New Home Warranty about their builders’ customer service, and Cardel Lifestyles was presented with the customer service award in the 50-149 possession range for Panorama West.

“We’re ecstatic about the win because this award is actually determined by customers and it surveys all new home buyers so that’s what makes this special,” says Brad Logel, sales and marketing manager for Cardel Lifestyles. “To us it’s a big deal because this award recognizes the value we provide. It’s our goal to provide the highest level of customer service in the industry.”


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

WINNERWINNER BEST MULTI-FAMILY

COMMUNITY IN CALGARY

COMMUNITY OF THE YEAR CALGARY

REGION

Calgary’s Fastest-Selling Villa Community is Over 80% Sold

VillasAtWatermark.com

1 Watermark Villas, Calgary(Just off 12 Mile Coulee Rd. NW)

403.474.5985

VISIT OUR SHOW HOMES TODAY


DATE:17 Apr 2015

Produced by


Fax: 403.287.9915



File Name VIR-13593 Condo Guide HP May1 v1.inddPublication Condo Guide Insertion May 1, 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

Visit our sales centre at 3503 Sage Hill Drive NW or viridiancondos.ca

F o n t : J e l l y k a - E s t r y a ’s H a n d w r i t i n g - R e g u l a r )

C o l o r s :

P a n t o n e 3 7 6 CP a n t o n e 3 1 5 5 C

CondosBY TRICO COMMUNITIES

Monthly Payments Starting From

$89500*

*Price shown include GST. Monthly payment is based on a starting price of $200,000. Payments are based on 5% down, with a 5-year fi xed 2.49% interest rate, amortized over 25 years, OAC, payments do not include CMHC insurance fees or monthly condo fees. Price is subject to change without notice. E&OE. Some conditions apply.

Condos in Sage Hill

WHO SAYS YOU CAN’T HAVE IT ALL?Your Own Condo With: • 9’ Ceilings• Granite Countertops• Laminate Flooring• Stainless Steel Appliances• Parking Included• Flexible Down Payment Plan Available

Includes PI & GST

2 SHOWSUITES NOW OPEN!

Ups and downs for Calgary’s housing market

IN THE NEWS

Calgary’s real estate market in March marked the third consecutive month that sales dropped by roughly 30 per cent in year-to-year comparisons, but it continues to register monthly gains after a slow start to the year,

according to the Calgary Real Estate Board (CREB).Total home sales were 1,747 in March, a 29.6-per-cent drop from the 2,481

sales recorded in March 2014, but up 30.3 per cent from the 1,217 sales in February.

Condo apartment sales saw the largest decline in year-to-year comparisons, with total sales of 299 – down 33.9 per cent from the 452 in March 2014, but up 27.4-per-cent from February’s 217.

Meanwhile, attached (condo townhouse) sales were 387 in March, a 26-per-cent decline from 523 in March 2014, but up 32.6 per cent from February’s 261. Detached (single-family) sales in March, at 1,061, were down 29.6 per cent from the 1,506 tallied in March 2014, but a 30.3-per-cent hike above February’s 739 in sales.

Meanwhile, the number of new listings being added to the marketplace slowed in March after two months of gains. The total number of new listings in March was 3,136 – down 5.5 per cent from March 2014.

New detached listings saw a 9.5-per-cent decline at 1,776 – down from 1,963 in March 2014, but up 5.7 per cent from February’s 1,674. The number of new attached listings added in March was 689, on par with the 685 in March 2014

and February’s 681, while the number of new apartment listings added in March was 671, the exact same as March 2014’s but up 11.3 per cent from February’s 595.

Having more inventory compared to last year has had a slight impact on prices. Condo apartments’ benchmark price in March was $293,300, up two per cent from $287,600 a year ago, but down from $296,000 in February.

The detached benchmark price in March was $513,800, a 3.9-per-cent increase over March 2014’s $494,500, but down a fraction from February’s $516,000. The benchmark price for attached homes in March was $354,800, up 5.4 per cent over $336,700 in March 2014, and a dip from February’s $354,600.

By Heather Ryan

036 HALF News-Calgary housing market-Heather Ryan_L.indd 18 4/24/15 3:24 PM


WINNERWINNER BEST MULTI-FAMILY

COMMUNITY IN CALGARY

COMMUNITY OF THE YEAR CALGARY

REGION

Calgary’s Fastest-Selling Villa Community is Over 80% Sold

VillasAtWatermark.com

1 Watermark Villas, Calgary(Just off 12 Mile Coulee Rd. NW)

403.474.5985

VISIT OUR SHOW HOMES TODAY

37

DATE:17 Apr 2015

Produced by


Fax: 403.287.9915



File Name VIR-13593 Condo Guide HP May1 v1.inddPublication Condo Guide Insertion May 1, 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

Visit our sales centre at 3503 Sage Hill Drive NW or viridiancondos.ca

F o n t : J e l l y k a - E s t r y a ’s H a n d w r i t i n g - R e g u l a r )

C o l o r s :

P a n t o n e 3 7 6 CP a n t o n e 3 1 5 5 C

CondosBY TRICO COMMUNITIES

Monthly Payments Starting From

$89500*

*Price shown include GST. Monthly payment is based on a starting price of $200,000. Payments are based on 5% down, with a 5-year fi xed 2.49% interest rate, amortized over 25 years, OAC, payments do not include CMHC insurance fees or monthly condo fees. Price is subject to change without notice. E&OE. Some conditions apply.

Condos in Sage Hill

WHO SAYS YOU CAN’T HAVE IT ALL?Your Own Condo With: • 9’ Ceilings• Granite Countertops• Laminate Flooring• Stainless Steel Appliances• Parking Included• Flexible Down Payment Plan Available

Includes PI & GST

2 SHOWSUITES NOW OPEN!

Ups and downs for Calgary’s housing market

IN THE NEWS

Calgary’s real estate market in March marked the third consecutive month that sales dropped by roughly 30 per cent in year-to-year comparisons, but it continues to register monthly gains after a slow start to the year,

according to the Calgary Real Estate Board (CREB).Total home sales were 1,747 in March, a 29.6-per-cent drop from the 2,481

sales recorded in March 2014, but up 30.3 per cent from the 1,217 sales in February.

Condo apartment sales saw the largest decline in year-to-year comparisons, with total sales of 299 – down 33.9 per cent from the 452 in March 2014, but up 27.4-per-cent from February’s 217.

Meanwhile, attached (condo townhouse) sales were 387 in March, a 26-per-cent decline from 523 in March 2014, but up 32.6 per cent from February’s 261. Detached (single-family) sales in March, at 1,061, were down 29.6 per cent from the 1,506 tallied in March 2014, but a 30.3-per-cent hike above February’s 739 in sales.

Meanwhile, the number of new listings being added to the marketplace slowed in March after two months of gains. The total number of new listings in March was 3,136 – down 5.5 per cent from March 2014.

New detached listings saw a 9.5-per-cent decline at 1,776 – down from 1,963 in March 2014, but up 5.7 per cent from February’s 1,674. The number of new attached listings added in March was 689, on par with the 685 in March 2014

and February’s 681, while the number of new apartment listings added in March was 671, the exact same as March 2014’s but up 11.3 per cent from February’s 595.

Having more inventory compared to last year has had a slight impact on prices. Condo apartments’ benchmark price in March was $293,300, up two per cent from $287,600 a year ago, but down from $296,000 in February.

The detached benchmark price in March was $513,800, a 3.9-per-cent increase over March 2014’s $494,500, but down a fraction from February’s $516,000. The benchmark price for attached homes in March was $354,800, up 5.4 per cent over $336,700 in March 2014, and a dip from February’s $354,600.

By Heather Ryan

036 HALF News-Calgary housing market-Heather Ryan_L.indd 18 4/24/15 3:24 PM

OKOTOKSSHEEP RIVER

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ZEN Okotoks CG 20150418.indd 1 16/4/15 12:13:59

38

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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

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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

OKOTOKSSHEEP RIVER

WESTLAND RD

WESTRIDGE DR

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ZEN Okotoks CG 20150418.indd 1 16/4/15 12:13:59


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22X

22

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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

ZenRavens CG20150417.indd 1 17/4/15 08:43:46


By Chuck Resnick, vice-president, Two Men and a Truck – Canada

MAKE YOUR MOVE

The right mover for the job

Hiring the right moving company can save you lots of work, stress and headaches in the long run. Ensure that the company you hire upholds strict standards. How can you tell?

Do your research by asking questions. Is the company a member of the Canadian Association of Movers (CAM)? This organization exists to help people find reputable movers they can trust. To explore a company’s reputation, you can also contact the Better Business Bureau (BBB) and your provincial government’s consumer protection agency. Visit Mover.net to learn more about what CAM has to say – the first three things listed are: › ask three movers for estimates in writing; › get the terms and conditions of your move in writing; › and ensure you know how your goods will be protected for loss or damage.

If a company representative does not know how to answer your questions or glosses over them, a red flag should go up.

Of particular importance are the financial considerations. Does the company have a minimum charge, and how are you charged after that minimum is met? Will you be charged for fuel or travel time to and from their office to your home? Will there be a fuel surcharge or a stairs or long-distance walk charge if they have to park the truck some distance from your door?

Is a deposit required? What payment options are available? Do they offer free quotes? How do they arrive at a valuation that is covered by insurance? It is also important to ask if they employ full-time workers or use temps, and whether employees are covered by Worker’s Compensation.

Ask how to contact the firm’s office on moving day, in case issues arise. If all the representative offers is a cell phone number, be suspicious. Visit the movers’ office to make sure it exists. Anyone can make anything seem legitimate online.

Have a moving contract that outlines what is expected. Read it and ask questions about anything you don’t understand.

040 HALF Chuck Resnick-The right mover for the job_L.indd 46 4/24/15 11:09 AM

THE GUARDIAN NORTH - SOLD OUT!MOVE IN THIS SPRING

THE GUARDIAN SOUTH - OVER 50% SOLDMOVE IN NEXT SPRING

1-BEDROOMS starting at $264,900


PARAMOUNT SUITES starting at $1.4 million

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

PRESENTATION CENTRE

456-12TH Avenue SE TEL 403 800 3368

Mon – Thurs 12 – 6PM Sat & Sun 12 – 5PM

THE MOST ANTICIPATED HOMES IN VICTORIA PARK

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

VE N

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

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

THE GUARDIAN NORTH - SOLD OUT!MOVE IN THIS SPRING

THE GUARDIAN SOUTH - OVER 50% SOLDMOVE IN NEXT SPRING



PARAMOUNT SUITES starting at $1.4 million

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

PRESENTATION CENTRE

456-12TH Avenue SE TEL 403 800 3368

Mon – Thurs 12 – 6PM Sat & Sun 12 – 5PM

THE MOST ANTICIPATED HOMES IN VICTORIA PARK


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

Gablecraft Homes - Condo Guide -7.5” x 10.5” - Full Colour

Revised: December 15, 2014 - Due: December 18th, 2014 - Run: DecemberContact: [email protected] (Christina Heemskerk)

PRESENTATION CENTRE 824 1ST Avenue NE, CalgaryOpen Daily 12-6pm, Closed Fridays

403.269.2805Memorial Dr. NE

1st Ave. NE

7A S

t. N

E

9th

St. N

E

Calgary Zoo

PRESENTATIONCENTRE

1, 2 & 3 BEDROOM HOMES FROM $314,900 B R I D G E L A N D CROSSINGS.CO M

2 & 3 Bedroom Homes Over 1,000 sq ft From $464,900!

That means living spaces perfectly proportioned for a balanced lifestyle, with fresh air

balconies and ample room to enjoy the company of friends and family. Upscale finishing,

king sized spaces, environmentally smart technology, natural light, and inspiring park

and city views. Live big in Bridgeland.

Pricing and availability are subject to change. The developer reserves the right to change the information contained herein without notice. E.&.O.E.


By Kara Kuryllowicz

HOT TOPIC

Finishes and options that pay off

Finishes, lighting and appliance upgrades enhance the aesthetic appeal of your condo and pride of ownership, but buyers need to make strategic

selections that also improve functionality and help the unit stand out in a positive way on the resale market.

“Be smart, temper your inner designer and keep your upgrades neutral, or the extra money you’ve put into the upgrades will vanish at resale,” says Brad J. Lamb, president, Brad J. Lamb Realty in Toronto, the seller of more than 15,000 condos and Lamb Development Corp., which has projects completed and under development in Edmonton, Calgary, Toronto, Ottawa and Montreal. “Personal statements, such as bright red, yellow or green kitchen cabinets, will take much longer to sell and you’ll take a big haircut on price.”

continued on pg. 46

Whether you plan to stay in your condo for five or 25 years, chances are you’ll eventually sell the place, so the return on your investment must be considered. It’s virtually guaranteed you’ll recoup the premium you’ll pay to be up on a higher floor, because buyers typically look up before they look at the interior finishes. However, it’s impossible to predict what, if any, reward will be reaped on upgrades. The reality is that most people upgrade because they want to feel fabulous every time they look around their condo, and they’re equally committed to impressing family and friends. Even functionality tends to be a secondary consideration. Unfortunately, the upgrades’ impact on resale value is rarely top of mind, although it’s something every condo buyer should think about if money matters to them.

044 HALF_046 Kara K.-Hot Topic-Finishing Touches 2_MC_L.indd 88 4/24/15 1:14 PM

Gablecraft Homes - Condo Guide -7.5” x 10.5” - Full Colour

Revised: December 15, 2014 - Due: December 18th, 2014 - Run: DecemberContact: [email protected] (Christina Heemskerk)

PRESENTATION CENTRE 824 1ST Avenue NE, CalgaryOpen Daily 12-6pm, Closed Fridays

403.269.2805Memorial Dr. NE

1st Ave. NE

7A S

t. N

E

9th

St. N

E

Calgary Zoo

PRESENTATIONCENTRE

1, 2 & 3 BEDROOM HOMES FROM $314,900 B R I D G E L A N D C ROSS ING S .COM

2 & 3 Bedroom Homes Over 1,000 sq ft From $464,900!

That means living spaces perfectly proportioned for a balanced lifestyle, with fresh air

balconies and ample room to enjoy the company of friends and family. Upscale finishing,

king sized spaces, environmentally smart technology, natural light, and inspiring park

and city views. Live big in Bridgeland.

Pricing and availability are subject to change. The developer reserves the right to change the information contained herein without notice. E.&.O.E.

45

By Kara Kuryllowicz

HOT TOPIC

Finishes and options that pay off

Finishes, lighting and appliance upgrades enhance the aesthetic appeal of your condo and pride of ownership, but buyers need to make strategic

selections that also improve functionality and help the unit stand out in a positive way on the resale market.

“Be smart, temper your inner designer and keep your upgrades neutral, or the extra money you’ve put into the upgrades will vanish at resale,” says Brad J. Lamb, president, Brad J. Lamb Realty in Toronto, the seller of more than 15,000 condos and Lamb Development Corp., which has projects completed and under development in Edmonton, Calgary, Toronto, Ottawa and Montreal. “Personal statements, such as bright red, yellow or green kitchen cabinets, will take much longer to sell and you’ll take a big haircut on price.”

continued on pg. 46

Whether you plan to stay in your condo for five or 25 years, chances are you’ll eventually sell the place, so the return on your investment must be considered. It’s virtually guaranteed you’ll recoup the premium you’ll pay to be up on a higher floor, because buyers typically look up before they look at the interior finishes. However, it’s impossible to predict what, if any, reward will be reaped on upgrades. The reality is that most people upgrade because they want to feel fabulous every time they look around their condo, and they’re equally committed to impressing family and friends. Even functionality tends to be a secondary consideration. Unfortunately, the upgrades’ impact on resale value is rarely top of mind, although it’s something every condo buyer should think about if money matters to them.



“It’s all about the aesthetics and impressing everyone – functionality doesn’t come into it at all,” says Tim Huxley, lead sales consultant at Streetside Homes, Calgary. “You’re most likely to get the best return on kitchen and bathroom upgrades, where appliances, countertops and backsplashes offer plenty of visual impact for your dollar.”

Virtually every buyer has a budget. When it’s time to sell, if your upgrades force you to price your condo above comparable units in your building, your unit might not pop up in realtors’ searches, let alone be considered for a viewing. However, provided your pricing is competitive, your upgrades could give your unit the edge over those equipped with just the standard finishes.

“Quality finishes will catch the eye of the more discerning consumer, but most buyers get caught up in the furniture,” Lamb says. “You’ll spend less and reap greater rewards if you save that money to paint your walls something other than white and have the unit professionally staged for resale.”

The range and cost of finish upgrades varies widely from developer to developer, with some, such as Lamb, installing what would typically be considered upgrades as standard in every unit, including a high-end glass backsplash, gas lines for barbecues on balconies and gas stoves in kitchens. Others offer just a handful of relatively standard upgrades, such as stainless steel appliances, hardwood floors and granite countertops. Some developers take it up a few notches with medicine cabinets, wall-mounted ovens, front-loading washer/dryer, bathtubs with jets, a TV/iPad/surround-sound package, stone sinks, extra-thick granite counters, faucets with spray nozzles that accommodate mega-sized soup pots, and even second parking spaces.

“It’s your dream home and you’ll be living there,

HOT TOPIC continued

but you don’t want your equity vanishing,” Lamb says. “Upgrade just enough to make your new home look and feel good.”

Ask yourself how the average person will react to that countertop or soaker tub as you remember that many buyers will go for the unit on the higher floor before the upgrades. How practical/functional and relevant is it really? How many homebuyers will actually see it as a must-have versus a nice-to-have feature?

Also consider whether it makes more sense to go with the builder’s upgrades, or add them yourself later on.

Condo builders and developers typically charge more than what homebuyers would pay to buy the upgrades and coordinate the install themselves, everything from hardwood floors to undermount sinks and valance lights to rain-shower heads. But oftentimes, consumers will happily pay for the convenience and accompanying warranties as well as the single point of contact in the form of the condo manager.

“Buyers appreciate that we’ve done the research, narrowed the selection down to the most appropriate options, and deal with the various trades to coordinate and oversee the installations,” says Stephanie Butler, director of marketing and sales at Amacon, a Vancouver and Toronto developer. “Investors who plan to rent out the units tend to spend less on upgrades than buyers who plan to live in their units.”

Because consumers often commit to their new condos and upgrades 12 to 36 months before taking possession, Lamb strongly suggests homeowners specify the products, brands and manufacturers or the equivalent in the contract.

“Memories fade and perceptions change over time, so use the contract to get what you paid for,” Lamb says.


47

“It’s all about the aesthetics and impressing everyone – functionality doesn’t come into it at all,” says Tim Huxley, lead sales consultant at Streetside Homes, Calgary. “You’re most likely to get the best return on kitchen and bathroom upgrades, where appliances, countertops and backsplashes offer plenty of visual impact for your dollar.”

Virtually every buyer has a budget. When it’s time to sell, if your upgrades force you to price your condo above comparable units in your building, your unit might not pop up in realtors’ searches, let alone be considered for a viewing. However, provided your pricing is competitive, your upgrades could give your unit the edge over those equipped with just the standard finishes.

“Quality finishes will catch the eye of the more discerning consumer, but most buyers get caught up in the furniture,” Lamb says. “You’ll spend less and reap greater rewards if you save that money to paint your walls something other than white and have the unit professionally staged for resale.”

The range and cost of finish upgrades varies widely from developer to developer, with some, such as Lamb, installing what would typically be considered upgrades as standard in every unit, including a high-end glass backsplash, gas lines for barbecues on balconies and gas stoves in kitchens. Others offer just a handful of relatively standard upgrades, such as stainless steel appliances, hardwood floors and granite countertops. Some developers take it up a few notches with medicine cabinets, wall-mounted ovens, front-loading washer/dryer, bathtubs with jets, a TV/iPad/surround-sound package, stone sinks, extra-thick granite counters, faucets with spray nozzles that accommodate mega-sized soup pots, and even second parking spaces.

“It’s your dream home and you’ll be living there,

HOT TOPIC continued

but you don’t want your equity vanishing,” Lamb says. “Upgrade just enough to make your new home look and feel good.”

Ask yourself how the average person will react to that countertop or soaker tub as you remember that many buyers will go for the unit on the higher floor before the upgrades. How practical/functional and relevant is it really? How many homebuyers will actually see it as a must-have versus a nice-to-have feature?

Also consider whether it makes more sense to go with the builder’s upgrades, or add them yourself later on.

Condo builders and developers typically charge more than what homebuyers would pay to buy the upgrades and coordinate the install themselves, everything from hardwood floors to undermount sinks and valance lights to rain-shower heads. But oftentimes, consumers will happily pay for the convenience and accompanying warranties as well as the single point of contact in the form of the condo manager.

“Buyers appreciate that we’ve done the research, narrowed the selection down to the most appropriate options, and deal with the various trades to coordinate and oversee the installations,” says Stephanie Butler, director of marketing and sales at Amacon, a Vancouver and Toronto developer. “Investors who plan to rent out the units tend to spend less on upgrades than buyers who plan to live in their units.”

Because consumers often commit to their new condos and upgrades 12 to 36 months before taking possession, Lamb strongly suggests homeowners specify the products, brands and manufacturers or the equivalent in the contract.

“Memories fade and perceptions change over time, so use the contract to get what you paid for,” Lamb says.


INNER CITY

WINNER 2014

JAY-3665 7.5x10.5 NewHomes_FinancialResize_APR14.indd 1 2015-04-15 11:35 AM

WINNER 2014

JAY-3665 7.5x10.5 NewHomes_FinancialResize_APR14.indd 1 2015-04-15 11:35 AM


INNER CITY

GCH 8390 Gable Craft Homes Bridgeland_CalgaryCondoGuide_PricingGrid_FP_Ad_20150109.ai

19.12.14

00.12.14 LR/SF


SIZEPROOF


NOTES

SIGNATURE

C M Y K

OK as is

OK with changes

Supply new proof with changes

Material due - Thurs, Dec 18, 2014RUN DATE - FRI, JAN 9, 2015

hi res pdf art. d . m . y

d . m . y

Trim size: 7.5” wide x 10.5” high Live: 6.75” w x 9.75” h + 0.125” bleedF2 Publication:

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DEVELOPER SHANNON LENSTRA

AVAILABLE ONLINE AT

LuxuryLivingCalgary.com

SPRING 2015

LuxuryLivingCalgary.com

SPRING 2015

JILLIAN HARRISJILLIAN HARRISEntertaining with

The Pinnacle of

TO BOOK YOUR ADVERTISING SPACE CONTACT:Natalie Houghton 587.226.1313

[email protected]


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

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

403-530-8455

AVENUEWESTEND.COM

2014 SAM Awards WINNERS ANNOUNCED

C anadian Home Builders’ Association (CHBA) – Calgary Region is pleased to announce

winners for the 2014 SAM Awards.Now in its 28th year, the SAM

Awards celebrate innovation and excellence in the Calgary area’s residential construction industry. The gala, held on April 18 at the Telus Convention Centre, saw approximately 1,600 people in attendance and a record number of submissions – a total of 834 entries, submitted by members competing for 58 awards in 10 different categories covering all aspects of the residential construction industry.

The 2014 Grand SAM Winners were:

Builder of the Year – Morrison Homes.; Builder of Merit – Riverview Custom Homes Ltd.; Multi-Family Builder of the Year – Calbridge 2010 Ltd.; Renovator of the Year – Ultimate Renovations; andPartner of the Year – Lux Windows and Glass Ltd.

“Congratulations to all of the SAM winners. As usual, the competition at this year’s SAM Awards was extremely close,” says Shane Wenzel, chair of

the SAM committee for CHBA – Calgary Region. “The coveted SAM bird is an award that the industry has come to take very seriously. It is a symbol of the best-of-the-best that the residential construction industry in the Calgary region has to offer.”

“A mix of value and innovation, excitement and quality, is what makes the SAM Awards so coveted,” says Wayne Copeland, president of the CHBA – Calgary Region. “The industry here in Calgary is very competitive and as a result, everyone strives to achieve finalist or winner status as recognition of their achievements in delivering quality products and services.”

The awarding process is judged by volunteer industry peers, who award points in each category. The top five in each category receive additional placement points that help determine the Grand SAM winners.

Companies must enter a set number of categories in order to qualify and must win at least one of those categories. The results are authenticated by MNP LLP.

CHBA – Calgary Region presents the following SAM Awards categories (the number of awards in each category follows in brackets): Advertising & Marketing Awards (8), Developer Awards (4), Industry Achievement Awards (1), Multi-Family Awards (12), New Home Awards (14), Partner Awards (3), Renovator Awards (7), Sales Achievement Awards (2), Sales & Information Centre Awards (2), and the GRAND SAM Awards (5). GRAND SAM Awards are presented to the Builders, Renovator and Partner who have demonstrated a superior achievement in design, sales, advertising and/or service.

ABOUT CHBA – CALGARY REGION The CHBA - Calgary Region is a not-for-profit organization with a membership of more than 640 companies representing all facets of new home construction, from single and multi-family builders, renovators, and residential land developers, to trades, suppliers, and professional companies involved in some aspect of home building. As many as 37,000 people work in the residential construction industry in the city.

The CHBA - Calgary Region vision: “We are the respected voice shaping the future of the home-building industry.”

CHBA AWARDS

continued on pg. 54

Pictured: Bucci Developments Limited - Kensington

052_054 2014 SAM Winners_L.indd 38 4/24/15 2:14 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

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

403-530-8455

AVENUEWESTEND.COM

2014 SAM Awards WINNERS ANNOUNCED

C anadian Home Builders’ Association (CHBA) – Calgary Region is pleased to announce

winners for the 2014 SAM Awards.Now in its 28th year, the SAM

Awards celebrate innovation and excellence in the Calgary area’s residential construction industry. The gala, held on April 18 at the Telus Convention Centre, saw approximately 1,600 people in attendance and a record number of submissions – a total of 834 entries, submitted by members competing for 58 awards in 10 different categories covering all aspects of the residential construction industry.

The 2014 Grand SAM Winners were:

Builder of the Year – Morrison Homes.; Builder of Merit – Riverview Custom Homes Ltd.; Multi-Family Builder of the Year – Calbridge 2010 Ltd.; Renovator of the Year – Ultimate Renovations; andPartner of the Year – Lux Windows and Glass Ltd.

“Congratulations to all of the SAM winners. As usual, the competition at this year’s SAM Awards was extremely close,” says Shane Wenzel, chair of

the SAM committee for CHBA – Calgary Region. “The coveted SAM bird is an award that the industry has come to take very seriously. It is a symbol of the best-of-the-best that the residential construction industry in the Calgary region has to offer.”

“A mix of value and innovation, excitement and quality, is what makes the SAM Awards so coveted,” says Wayne Copeland, president of the CHBA – Calgary Region. “The industry here in Calgary is very competitive and as a result, everyone strives to achieve finalist or winner status as recognition of their achievements in delivering quality products and services.”

The awarding process is judged by volunteer industry peers, who award points in each category. The top five in each category receive additional placement points that help determine the Grand SAM winners.

Companies must enter a set number of categories in order to qualify and must win at least one of those categories. The results are authenticated by MNP LLP.

CHBA – Calgary Region presents the following SAM Awards categories (the number of awards in each category follows in brackets): Advertising & Marketing Awards (8), Developer Awards (4), Industry Achievement Awards (1), Multi-Family Awards (12), New Home Awards (14), Partner Awards (3), Renovator Awards (7), Sales Achievement Awards (2), Sales & Information Centre Awards (2), and the GRAND SAM Awards (5). GRAND SAM Awards are presented to the Builders, Renovator and Partner who have demonstrated a superior achievement in design, sales, advertising and/or service.

ABOUT CHBA – CALGARY REGION The CHBA - Calgary Region is a not-for-profit organization with a membership of more than 640 companies representing all facets of new home construction, from single and multi-family builders, renovators, and residential land developers, to trades, suppliers, and professional companies involved in some aspect of home building. As many as 37,000 people work in the residential construction industry in the city.

The CHBA - Calgary Region vision: “We are the respected voice shaping the future of the home-building industry.”

CHBA AWARDS

continued on pg. 54

Pictured: Bucci Developments Limited - Kensington


CHBA AWARDS continued

Pictured: Jayman Modus - Penthouse G

Pictured: Homes by Avi Group - Sawyer Silverado

Multi-Family Builder of the Year • CALBRIDGE 2010 LTD.

ADVERTISING & MARKETING AWARDS

Best Billboard Sponsored by Prominent Homes Ltd. • Bucci Developments Limited Kensington by Bucci-Site Hoarding Phase 2

Best Brochure • M2i DEVELOPMENT CORPORATION SoBow Best Brochure

Best Direct Mail Piece • ALBI HOMES LTD. Vistas of Tuscany Passport

Best Moving Media • MORRISON HOMES We are Builders

Best Print Ad • UNITED DRYWALL LTD. Dirty Jobs

Best Audio Media MORRISON HOMES Answers

Best Website• BUCCI DEVELOPMENTS LIMITED Kensington by Bucci Website

Janine Coughlin Marketing Campaign of the Year Sponsored by YPNextHome • BUCCI DEVELOPMENTS LIMITED Kensington by Bucci – Marketing Campaign of the Year

MULTI-FAMILY COMMUNITY AWARDS

Best Multi-Family Community • MACDONALD DEVELOPMENT CORPORATION Villas at Watermark , Watermark at Bearspaw, Rocky View County

MULTI-FAMILY DESIGN AWARDS

Best New Design Apartment

Style Condo up to 899 sq. ft. • QUALEX-LANDMARK WESTERN INC. MARK A, 901 10 Avenue SW, Calgary

Best New Design Apartment Style Condo 900 sq. ft. and over • JAYMAN MODUS, A DIVISION OF JAYMAN BUILT Penthouse G, Building J5, 2953 Battleford Ave SW, Calgary

Best New Design Villa/Duplex/Townhome up to 1,199 sq. ft. • MORRISON HOMES MULTI-FAMILY, A DIVISION OF MORRISON HOMES The Boulevard, 428 Nolan Hill Drive NW, Calgary

Best New Design Villa/Duplex/Townhome 1,200 sq. ft. and over

• CALBRIDGE 2010 LTD. The Brio, 49 Fireside Cove, Cochrane

Best Town Home – up to $299,999 • SABAL BY HOPEWELL, A DIVISION OF HOPEWELL RESIDENTIAL MANAGEMENT Chalet No5 – B plan, 650 Copperpond Blvd SE, Calgary

Best Town Home - $300,000 $359,999 • LANDMARK GROUP OF BUILDERS The Lancaster, 211 Fireside Parkway, Cochrane

Best Town Homes - $360,000 and over • MILLENNIUM PLUS HOMES M 1923, Private

Best Villa / Duplex – up to $374,999• CALBRIDGE 2010 LTD The Verve, 49 Fireside Cove, Cochrane

Best Villa / Duplex - $375,000 and over • ALBI HOMES LTD. Villa 8 Private Residence, Private

Best Apartment-Style Condo – One Bedroom + Den • HOMES BY AVI GROUP OF COMPANIES-AVI URBAN Sawyer Silverado – 1 Bedroom, 1108, 175 Silverado Blvd SW, Calgary

Best Apartment Style Condo – Two Bedrooms & Up

• REMINGTON DEVELOPMENT CORPORATION Champagne Suite 502, Private


54

CHBA AWARDS continued

Pictured: Jayman Modus - Penthouse G

Pictured: Homes by Avi Group - Sawyer Silverado

Multi-Family Builder of the Year • CALBRIDGE 2010 LTD.

ADVERTISING & MARKETING AWARDS

Best Billboard Sponsored by Prominent Homes Ltd. • Bucci Developments Limited Kensington by Bucci-Site Hoarding Phase 2

Best Brochure • M2i DEVELOPMENT CORPORATION SoBow Best Brochure

Best Direct Mail Piece • ALBI HOMES LTD. Vistas of Tuscany Passport

Best Moving Media • MORRISON HOMES We are Builders

Best Print Ad • UNITED DRYWALL LTD. Dirty Jobs

Best Audio Media MORRISON HOMES Answers

Best Website• BUCCI DEVELOPMENTS LIMITED Kensington by Bucci Website

Janine Coughlin Marketing Campaign of the Year Sponsored by YPNextHome • BUCCI DEVELOPMENTS LIMITED Kensington by Bucci – Marketing Campaign of the Year

MULTI-FAMILY COMMUNITY AWARDS

Best Multi-Family Community • MACDONALD DEVELOPMENT CORPORATION Villas at Watermark , Watermark at Bearspaw, Rocky View County

MULTI-FAMILY DESIGN AWARDS

Best New Design Apartment

Style Condo up to 899 sq. ft. • QUALEX-LANDMARK WESTERN INC. MARK A, 901 10 Avenue SW, Calgary

Best New Design Apartment Style Condo 900 sq. ft. and over • JAYMAN MODUS, A DIVISION OF JAYMAN BUILT Penthouse G, Building J5, 2953 Battleford Ave SW, Calgary

Best New Design Villa/Duplex/Townhome up to 1,199 sq. ft. • MORRISON HOMES MULTI-FAMILY, A DIVISION OF MORRISON HOMES The Boulevard, 428 Nolan Hill Drive NW, Calgary

Best New Design Villa/Duplex/Townhome 1,200 sq. ft. and over

• CALBRIDGE 2010 LTD. The Brio, 49 Fireside Cove, Cochrane

Best Town Home – up to $299,999 • SABAL BY HOPEWELL, A DIVISION OF HOPEWELL RESIDENTIAL MANAGEMENT Chalet No5 – B plan, 650 Copperpond Blvd SE, Calgary

Best Town Home - $300,000 $359,999 • LANDMARK GROUP OF BUILDERS The Lancaster, 211 Fireside Parkway, Cochrane

Best Town Homes - $360,000 and over • MILLENNIUM PLUS HOMES M 1923, Private

Best Villa / Duplex – up to $374,999• CALBRIDGE 2010 LTD The Verve, 49 Fireside Cove, Cochrane

Best Villa / Duplex - $375,000 and over • ALBI HOMES LTD. Villa 8 Private Residence, Private

Best Apartment-Style Condo – One Bedroom + Den • HOMES BY AVI GROUP OF COMPANIES-AVI URBAN Sawyer Silverado – 1 Bedroom, 1108, 175 Silverado Blvd SW, Calgary

Best Apartment Style Condo – Two Bedrooms & Up

• REMINGTON DEVELOPMENT CORPORATION Champagne Suite 502, Private


55

STACKED BUNGALOWS FROM 1406 - 1622 SQ. FT.Get more from your home with an exceptionally large Hunter House stacked

bungalow. Picture yourself with more space, an already established community, a

maintenance free lifestyle, all the premium features you’ve dreamed of and more.

PREMIUM STACKED BUNGALOW FEATURES:• 2 bedrooms plus den

• Hardwood flooring in living & dining room

• Quartz or granite countertops with

spacious eating bar

• Full size double car garage with driveway

• Stainless steel appliances including

chimney style hood fan and gas range

• 10’ ceilings

• Large terraces and patios

• Separate dining area

HunterHouseLiving.com | 403.240.4664

220 Silverado Plains Park SWMon - Thurs 1pm - 7pm | Fri - Sun & Holidays 12pm - 5pm

Stacked Bungalows from the $500’s (incl. GST)

- 2014 -


LIVE IN CALGARY’S PREMIUM

SOUTHWEST ADDRESS

56

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

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

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

14 MAX TOWNHOMES BY ASSURED DEVELOPMENTS 1605 25 Ave SW

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

14

09

08

10

01

05

02

13

SOUTHWEST

STACKED BUNGALOWS FROM 1406 - 1622 SQ. FT.Get more from your home with an exceptionally large Hunter House stacked

bungalow. Picture yourself with more space, an already established community, a

maintenance free lifestyle, all the premium features you’ve dreamed of and more.

PREMIUM STACKED BUNGALOW FEATURES:• 2 bedrooms plus den

• Hardwood flooring in living & dining room

• Quartz or granite countertops with

spacious eating bar

• Full size double car garage with driveway

• Stainless steel appliances including

chimney style hood fan and gas range

• 10’ ceilings

• Large terraces and patios

• Separate dining area

HunterHouseLiving.com | 403.240.4664

220 Silverado Plains Park SWMon - Thurs 1pm - 7pm | Fri - Sun & Holidays 12pm - 5pm

Stacked Bungalows from the $500’s (incl. GST)

- 2014 -


LIVE IN CALGARY’S PREMIUM

SOUTHWEST ADDRESS


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

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

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

14 MAX TOWNHOMES BY ASSURED DEVELOPMENTS 1605 25 Ave SW

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

14

09

08

10

01

05

02

13

Limited and exclusive ownership opportunityUrban amenities of West Springs and West 85th

Premium design features · Contemporary building design

A MASTERPIECE UNVEILED.

PRESENTATION CENTRE | WEST 85th in West Springs

#2118, 8561 - 8A Avenue SW | 403-474-4875

For your VIP purchasing opportunity register online at livevivace.ca

L I V E V I V A C EA D IFFERENT PACE OF L I FE

- Show Suite Now Open -

LOOKING FOR A

NEW HOME?It’s only a tap away.

NewHomeAndCondoGuide.caGET STARTED NOW ATDOWNLOAD THE APP

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Start searching now!

Limited and exclusive ownership opportunityUrban amenities of West Springs and West 85th

Premium design features · Contemporary building design

A MASTERPIECE UNVEILED.

PRESENTATION CENTRE | WEST 85th in West Springs

#2118, 8561 - 8A Avenue SW | 403-474-4875

For your VIP purchasing opportunity register online at livevivace.ca

L I V E V I V A C EA D IFFERENT PACE OF L I FE

- Show Suite Now Open -

LOOKING FOR A

NEW HOME?It’s only a tap away.

NewHomeAndCondoGuide.caGET STARTED NOW ATDOWNLOAD THE APP

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Start searching now!

59

60

NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

DEER

FOOT T

RAIL

DEERFOOT TRAIL

BOW BOTTOM

TRAIL

CEN

TRE

STRE

ET

EDM

ON

TON

TRA

IL

14 S

TREE

T

MCKNIGHT BLVD.


FALC

ONRID

GE

GLENMORE TRAIL

52 S

TREE

T

52 S

TREE

T

BARL

OW

TRA

IL

Mac

LEO

D TR

AIL

MacLEO

D TRAIL

ANDERSON ROAD


JAMES M

cKEVITT

SOUTHLAND DRIVE

ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

L

SHAWNESSYBLVD.

GLENMORERESERVOIR

COUNTRY HILLS BLVD.

STONEY TRAIL

128 NE Ave

MET

IS T

RAIL

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

84 S

TREE

T

CHAPARRAL

NEW BRIGHTON

ABURN BAY

COPPERFIELD

CRANSTON

12 AVENUE

02 01

05

04

1303

06 07

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



NOSEHILLPARK

FISH CREEK PARK


AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

AIL

DEER

FOOT T

RAIL

DEERFOOT TRAIL

BOW BOTTOM

TRAIL

CEN

TRE

STRE

ET

EDM

ON

TON

TRA

IL

14 S

TREE

T

MCKNIGHT BLVD.


FALC

ONRID

GE

GLENMORE TRAIL

52 S

TREE

T

52 S

TREE

T

BARL

OW

TRA

IL

Mac

LEO

D TR

AIL

MacLEO

D TRAIL

ANDERSON ROAD


JAMES M

cKEVITT

SOUTHLAND DRIVE

ELBO

W D

RIVE

BLAC

KFO

OT

TRAI

L

SHAWNESSYBLVD.

GLENMORERESERVOIR

COUNTRY HILLS BLVD.

STONEY TRAIL

128 NE Ave

MET

IS T

RAIL

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

84 S

TREE

T

CHAPARRAL

NEW BRIGHTON

ABURN BAY

COPPERFIELD

CRANSTON

12 AVENUE

02 01

05

04

1303

06 07

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



IN THE NEWS

Mortgage costs about to rise for some Canadians

If you’re planning to buy a home this year with less than 10 per cent down, you can also plan for higher

mortgage costs as of June 1, 2015. Canada Mortgage and Housing Corp. (CMHC) and Genworth Canada have announced that they are raising their mortgage insurance premiums by 15 per cent. CMHC increased its target capital requirements in mid-2014.

The move isn’t expected to have a big impact on homebuyers’ pocketbooks or Canada’s housing markets, CMHC says. The higher premium would amount to an additional $5 per month for the typical borrower with a 95-per-cent loan-to-value ratio on a mortgage of $252,530. However, in Canada’s pricier markets, those monthly mortgage costs will inevitably be higher. In addition, the looming rise in mortgage costs could also

signal a busier-than-normal spring real estate market, as homebuyers try to beat the clock on the May 31 deadline.

The increase in mortgage insurance premiums reflects concerns that Canadians are overextending their budgets by taking on more home than they can afford, leaving them in a tight spot when interest rates rise or at the slightest economic turn.

Experts advise that homebuyers plan ahead, save their money and put down as much as possible, to avoid taking out a high-ratio mortgage. Homebuyers unable to save up this often hefty amount can still buy a home with a downpayment of less than 20 per cent, but federally regulated lenders require mortgage loan insurance, which covers them in case of payment default. The lender is responsible for the premiums and passes those costs on to the homebuyer in the form of a lump-sum payment, or more commonly, higher monthly payments.

CMHC is Canada’s largest insurer of residential mortgages.

Existing mortgages, high-ratio mortgages with more than a 10-per-cent downpayment, and mortgages on multi-unit properties will not be affected by the premium increase.

By Lydia McNutt

95% LOAN-TO-VALUELoan Amount $150,000 $250,000 $350,000 $450,000

Current Premium $4,725 $7,875 $11,025 $14,175

New Premium $5,400 $9,000 $12,600 $16,200

Additional Premium $675 $1,125 $1,575 $2,025

Monthly Increase $3.12 $5.20 $7.29 $9.36

Based on a five-year term at 2.79 per cent and a 25-year amortization

062 News-Mortgage insurance premiums rising_MC_L.indd 18 4/24/15 11:09 AM

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

063-065 Mortgage Rates_L.indd 71 4/24/15 11:38 AM


IN THE NEWS

Mortgage costs about to rise for some Canadians

If you’re planning to buy a home this year with less than 10 per cent down, you can also plan for higher

mortgage costs as of June 1, 2015. Canada Mortgage and Housing Corp. (CMHC) and Genworth Canada have announced that they are raising their mortgage insurance premiums by 15 per cent. CMHC increased its target capital requirements in mid-2014.

The move isn’t expected to have a big impact on homebuyers’ pocketbooks or Canada’s housing markets, CMHC says. The higher premium would amount to an additional $5 per month for the typical borrower with a 95-per-cent loan-to-value ratio on a mortgage of $252,530. However, in Canada’s pricier markets, those monthly mortgage costs will inevitably be higher. In addition, the looming rise in mortgage costs could also

signal a busier-than-normal spring real estate market, as homebuyers try to beat the clock on the May 31 deadline.

The increase in mortgage insurance premiums reflects concerns that Canadians are overextending their budgets by taking on more home than they can afford, leaving them in a tight spot when interest rates rise or at the slightest economic turn.

Experts advise that homebuyers plan ahead, save their money and put down as much as possible, to avoid taking out a high-ratio mortgage. Homebuyers unable to save up this often hefty amount can still buy a home with a downpayment of less than 20 per cent, but federally regulated lenders require mortgage loan insurance, which covers them in case of payment default. The lender is responsible for the premiums and passes those costs on to the homebuyer in the form of a lump-sum payment, or more commonly, higher monthly payments.

CMHC is Canada’s largest insurer of residential mortgages.

Existing mortgages, high-ratio mortgages with more than a 10-per-cent downpayment, and mortgages on multi-unit properties will not be affected by the premium increase.

By Lydia McNutt

95% LOAN-TO-VALUELoan Amount $150,000 $250,000 $350,000 $450,000

Current Premium $4,725 $7,875 $11,025 $14,175

New Premium $5,400 $9,000 $12,600 $16,200

Additional Premium $675 $1,125 $1,575 $2,025

Monthly Increase $3.12 $5.20 $7.29 $9.36

Based on a five-year term at 2.79 per cent and a 25-year amortization

062 News-Mortgage insurance premiums rising_MC_L.indd 18 4/24/15 11:09 AM

condo buyers’ resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

HOMEBUYERS’ HELP


Calculate your mortgage payments



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 2.350 4.000 2.940 2.640 2.640 2.740 2.840Alterna Bank 2.450 4.000 2.980 2.980 2.980 2.940 2.780Alterna Savings 2.450 4.000 2.980 2.980 2.980 2.940 2.780Bank of Montreal (BMO) 2.850 4.000 2.890 2.840 3.390 3.890 4.740Bank of Nova Scotia 2.850 4.550 3.290 3.090 3.390 3.890 4.490CIBC Mortgages 2.850 4.450 2.890 2.840 3.550 4.140 4.790Canadian Western Bank 3.050 4.000 3.140 3.040 3.650 4.200 4.790Canadian Western Trust 3.050 4.000 3.140 3.040 3.650 4.200 4.790Comtech Credit Union - 6.200 2.890 2.890 2.950 2.990 2.790First Calgary Financial - 4.000 2.890 2.890 2.490 3.090 2.950First National Financial 2.250 3.950 2.840 2.490 2.590 2.690 2.690FirstOntario Credit Un. 2.850 4.240 2.990 3.040 3.190 2.990 2.790HSBC Bank Canada 2.850 4.450 3.140 3.140 3.540 4.240 4.740Home Trust Company 2.500 3.950 2.890 2.440 2.540 2.640 2.640ICICI Bank Canada 3.050 - 3.150 3.650 3.640 3.690 3.690Investors Group Trust 2.850 4.200 3.140 3.090 3.750 4.390 4.790London Life 2.850 4.200 3.140 3.090 3.750 4.390 4.790Manulife Bank 2.550 4.450 3.000 2.940 2.840 2.790 2.790Manulife Trust - 4.450 3.000 2.940 2.840 2.790 2.790Meridian Credit Union 2.650 4.000 3.090 3.090 3.550 3.290 2.750National Bank 2.850 4.400 2.890 2.840 3.390 3.890 4.740Ontario Civil Service CU 3.000 6.000 3.090 3.040 3.500 3.040 3.290PACE Savings & Credit Un - 5.000 2.890 2.590 3.390 3.890 4.740Parama Credit Union 2.500 - 2.700 2.900 3.000 3.100 3.200Peace Hills Trust - 4.500 3.150 3.500 3.750 3.850 3.950President’s Choice Fin’l 2.850 6.190 3.190 2.840 3.490 4.040 4.440Royal Bank of Canada 2.850 3.140 3.140 3.040 3.650 4.390 4.640Servus Credit Union - 4.000 2.890 2.840 3.390 3.890 4.640Steinbach Credit Union - - 2.600 2.700 2.750 2.850 2.850T-D Mortgage 2.850 3.140 2.890 2.840 3.390 3.890 4.740Tangerine 3.000 - 3.190 3.240 3.490 3.690 3.790Windsor Family C.U. - 4.450 3.140 3.140 3.750 3.950 3.790Your Neighbourhood C.U. - - 2.990 3.000 3.190 3.300 3.190

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 28-29

Alture MidCity Alture Properties 19

Arrive at Evanston Partners Developments 33

Auburn Walk Cardel Lifestyles 3

Avenue Grosvenor 53

Bridgeland Crossing Apex City Homes 45

Bridgeland Hill GableCraft Homes 51

Canoe Avi Urban 67

Chalet No. 6 Sabal Homes 17

Champagne Remington Development Corp. 2

Copperfield Park III Brad Remington Homes 1, 11-13, 68

Creekside Village Carlisle Group 28-29

Emerald Sky Carlisle Group 26-29

Ezra Birchwood Properties 24

The Gates Remington Development Corp. 14

The Guardian Hon Towers ltd. 42

Heartland Townhomes Excel Homes 39

Hunter House Streetside Developments 56

Jayman Financial Jayman BUILT 48

Jumping Pound Ridge Slokker West 7

Legacy Gate Carlisle Group 28-29

LIDO Battistella 44

LiFFT Vericon 49

Livingstone Trico Homes 22

Max Assured Properties 60

Mosaic Riverstone Brookfield Residential 21

Park Point Qualex Landmark 6

Riverfront Pointe Carlisle Group 28-29

Scollen House 320 Mission Developments 55

Smith Grosvenor 49

Stonekeep Merge Developments 58

StreetTowns Homes by Avi 23

The Timbers GableCraft Homes 4

V&V Providence Developments 47

Viridian Trico Homes 36

Vivace Streetside Developments 59

Waterfront Anthem Properties 5

Villas at Watermark Watermark 37

Willow Avi Urban 31

Zen Okotoks Avalon Master Builder 38

Zen Ravenswood Avalon Master Builder 41

Jayman Group of Companies PULLOUT INSERT

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

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

CondoS from thE mid $100’S

nEw PhaSE with mountain viEwS!

Calgary New Condo Guide - May 1, 2015

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Transcript of Calgary New Condo Guide - May 1, 2015