Calgary New Condo Guide - Sept 19, 2014

now selling

THE WAIT IS OVER!

Sept 19 - Oct 17, 2014 Volume 17 Issue 10

INSIDE THIS ISSUE

CHOOSING FINISHINGS & OPTIONS: WHERE DO I START?

WHY CONDO FEES CAN VARY GREATLY

PROS & CONSIDERATIONS OF JOINING YOUR CONDO BOARD

Building One is sold out, and only a few units remain in Building Two. With Buildings Three and Four selling fast, we’re excited to announce the release of Building 5. 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 locations.

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

FINAL PHASE NOW RELEASED

2013

CHBA - Calgary Region

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

Sat, Sun + Holidays: Noon-5 pm

Closed FridaysCONDOS + TOWNS

Built for real life.CARDELCONDOS.COM

*Prices subject to change without notice. Subject to availability.

(Pre-selling from Cranston Place) (Pre-selling from Panorama West)

BUILDING 2NOW SELLING

302 Cranston Rd SE403.457.2670

175 Panatella Hill NW403.241.8975

LARGE 2 BDRM CONDOS

$269,900+ GST

FROM ONLY

$269,900+ GST

FROM ONLY

3 BDRM TOWNHOMESWITH GARAGE

LARGE 2 BDRM CONDOS

Visit cardelcondos.com for all our current and upcoming developments

REGISTER TODAY!

7 CONDO FLOORPLANS BACKS ONTO PARK

Rendering is artist’s concept only. Subject to change without notice.

COMING SOON

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

CONDOS STARTING

$189,900+ GSTFROM

- 1+2 bedrooms condos from 544 sq ft-1,018 sq ft- Choose from 12 fl oorplans- Walk to everything- SE lake community

DEVELOPMENTSALES LAUNCH

SAT, OCT 18Register today for community

updates and VIP selection status

CL-CMP-1799_CONDO GUIDE_7.5x10.5_OCT2014.indd 1 2014-09-11 4:40 PM

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Supply new proof with changesMaterial deadline - Friday, Aug 8 2014 Run date: SEP 2014 Issue

Condo Guide - Trim: 7.5” x 10.5”d . m . y

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INNER CITY

newcondoguide.com | VOLUME 17 ISSUE 10 | NEW CONDO GUIDE 05

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Supply new proof with changesMaterial deadline - Wed, June 18, 2014 by 12 pmRun Date: Friday, June 27, 2014PUBLICATION: NEW CONDO GUIDE - Calgary

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

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INNER CITY

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TABLE OF CONTENTS

010 EDITOR’S NOTE

COLUMNISTS

022 SAVING SPACE Streamline your move BY SYLVIA DAOUST

032 CONTEMPLATING CONDOMINIUMS Why condo fees can vary greatly BY LINDA PALFI

038 THE HOMEBUYING PROCESS Raising the bar with great features and finishings BY DONNA MOORE

040 CALGARYISM Five reasons to love Marda Loop BY CODY BATTERSHILL

042 CONDO SENSE Pros and considerations of joining your Condo Corporation Board BY CAMERON MCNEILL

052 INVESTOR ADVICE Keep your eyes on the prize BY ANDREW LA FLEUR

062 MORTGAGE MATTERS Why you should shop around at mortgage renewal time BY ALYSSA RICHARD

Sept 19 – Oct 17, 2014

VOLUME 17 ISSUE 10

Brad Remington Homes continues its success

story with COPPERFIELD

PARK III

11

COLUMNS, NEWS &

FEATURES

CONDO FEATURES 011 COVER STORY

Brad Remington Homes continues its success story with Copperfield Park III BY HEATHER RYAN

016 CONDO PROFILE Birchwood releases final phase of Bristol Townhomes in Quarry Park BY HEATHER RYAN

020 CONDO PROFILE Avi Urban launches new show homes, final phase in Edison BY HEATHER RYAN

034 CONDO PROFILE Calgary’s tallest residential towers are a hit with savvy buyers BY HEATHER RYAN

060 CONDO PROFILE Calbridge launching new townhome project in Fireside, Cochrane BY HEATHER RYAN

HOMEBUYERS’ HELP 028 CARDEL LIFESTYLES

Cardel Lifestyles announces new Auburn Walk condos in Auburn Bay

044 NEIGHBOURHOOD PROFILE Bridgeland: An evolving, vibrant, walkable community BY HEATHER RYAN

048 DESIGNER ADVICE Choosing finishes and upgrades: Where do I start? BY YANIC SIMARD

054 FINANCES Household debt up six per cent to $76,140; more Canadians have a mortgage, fewer with credit card debt

069 MARKETPLACE Copper versus gold BY SARA DUCK

070 HOMEBUYERS’ RESOURCE SECTION

074 INDEX

PROJECT LOCATION MAPS

015 Southeast Map 025 Southwest Map031 Inner City056 Northeast Map059 Satellite Communities067 Northwest Map

PRESIDENT, WALL2WALL MEDIA

Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan LeggeDIRECTOR OF SALES, NATIONAL

Josh HeppnerSENIOR SALES MANAGER, WESTERN CANADA

Edwin RizarriART DIRECTOR

Megan PikeEDITOR

Lydia McNuttCONTRIBUTING EDITORS

Sara Duck Wayne Karl Elisa KrovblitDESIGN 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 SluytmanGraphic Designers

Viosa Barileva

2891 Sunridge Way N.E. Calgary, AB T1Y 7K7 COPYRIGHT 2014 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.

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

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

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EDITOR’S NOTE

GET MOVING!

LYDIA MCNUTTEDITOR

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/LydiasTweets

SUSAN LEGGEEDITOR-IN-CHIEF

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/SusanLegge

Like us on Facebook Search: Condo Guide

You’ve agreed that a new condo is the way to go and you’re making headway, but you still have another big decision to make – choosing your home builder.

It pays to check the reputation of the builder/developer before you sign on the dotted line. You can start by finding out how long the company has been in business by asking the sales representative or visiting the company’s website. Find out if previous purchasers are happy with their homes. Visit an existing community built by the company and talk to anyone you run into anyone during your tour.

Naturally, you should spend some time visiting several different sales offices. Get a feel for each company and the staff employed there. Ask a lot of questions and expect to be treated with consideration and respect. No question is too “dumb.”

Think twice about any development where the salespeople push you to make a decision you’re not ready for, or where they are not happy to provide you with the information you request. There are certainly many other builders and salespeople out there who pride themselves on putting the customer first.

When you do find the right home and the right company, making that big decision will be a whole lot easier – and that much more enjoyable!

REPUTATION COUNTS

Whether this is your first move or your tenth, changing homes is a big step that often accompanies a major milestone in your life – going off to university, getting married (or divorced!), the birth of a child, retirement, and surely there are some others in between. As if packing up your whole home wasn’t stressful enough, throw life into the mix and it’s enough to break a sweat.

Hiring a reputable, reliable moving company will go a long way to ease your stress. Here are some tips, courtesy of the Canadian Association of Movers, for finding the right mover:

›› Find reputable movers through the Canadian Association of Movers and your local Better Business Bureau.

›› Ask three movers for estimates in writing.›› Get the terms and conditions of your move in writing.›› Ensure your goods will be protected in case of loss or damage.

Moving is an exciting time, whether you’re heading across Canada or across the street. Don’t forget to enjoy the excitement of your new home, the prospect of a fresh start, and the endless possibilities awaiting you.

10 NEW CONDO GUIDE | VOLUME 17 ISSUE 10 | newcondoguide.com

COVER STORY

// BY HEATHER RYAN

BRAD REMINGTON HOMES CONTINUES ITS SUCCESS STORY WITH

COPPERFIELD PARK IIIBRAD REMINGTON HOMES ADDS ANOTHER CHAPTER TO its incredible Copperfield Park success story, giving even more people the opportunity to “Love It, Live It and Afford It,” with the launch of Copperfield Park III.

“We’re really excited to be launching Copperfield Park III and building on our success,” says Bryan Logel, vice-president of sales and marketing for Brad Remington Homes. “The response to Copperfield Park II was amazing and we sold out in record time.

“At our launch of Copperfield Park II, we had people lined up wanting to buy, some even overnight, and we sold 41 suites on launch day,” Logel says.

Logel expected much of the same for the Sept. 13 launch, “as the momentum that we’ve created by designing top-quality homes that suit a variety of lifestyles keeps rolling. And the fact that we’ve been able to keep our homes at such an affordable price is truly amazing.”

In Copperfield Park III, some improvements to the floor plans have been made, providing additional value for buyers.

“With the cost of real estate increasing, we wanted to look at ways to add more value, and by adding extra square footage we can do that at a reasonable cost,” Logel says. “We also made improvements to plans based on consultations with our past customers.”

For example, the one-bedroom F plan has been redesigned and enlarged to offer super affordability


“ This plan was incredibly popular in Copperfield Park II, so the idea to make it larger was easy, and by doing so it will appeal to a wider range of buyers”

for buyers in Copperfield Park III. “This plan was incredibly popular in Copperfield Park II, so the idea to make it larger was easy, and by doing so, it will appeal to a wider range of buyers.

“Our customers also said they like the B plan, but would love for the bedrooms to be bigger, so we’re doing that in our next phase and the C2 plan, which is larger, will replace the C1 plan,” Logel adds.

Copperfield Park III will be comprised of four, four-storey buildings with 304 suites. There will be seven plans to choose from ranging from approximately 565 to 973 sq. ft. in one-, two- and three-bedroom layouts priced from the high $140,000s to the mid-$200,000s – 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, and we offer a titled parking stall and storage unit with each suite, as well as our superb level of specifications and high quality construction,” Logel says.

The well-appointed interiors include full-sized kitchens with

expansive counter space, slab or mission-style cabinets that come in three different colour choices, four appliances – fridge, stove, dishwasher and over-the-range microwave – in-suite laundry with the washer and dryer included, and private balconies for outdoor entertaining.

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

Copperfield Park III will present an eye-catching look with premium siding and brick accents, and professionally landscaped grounds.

Residents of Copperfield Park appreciate the 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.

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


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*Principle + interest, based on 5% downpayment.

SALES CENTER

14

SOUTHEAST COMMUNITIES10 CANOE

BY AVI URBAN Coming Soon 25 Auburn Meadows Ave SE

11 CHALETS IN COPPERFIELD BY SABAL HOMES 1797 Copperfield Blvd SE

12 EBONY BY JAYMAN MODUS 211 Mahogany Way

13 MOSAIC CRANSTON BY BROOKFIELD HOMES 206 Cranford Drive SE

14 BOULEVARD TOWNES BY BIRCHWOOD 116 Quarry Park Way SE

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

17 MOSAIC MIRAGE BY BROOKFIELD HOMES 347 MacKenzie Towne Gate

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

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

20 CRANSTON PLACE BY CARDEL LIFESTYLES 302 Cranston Road SE

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

23 SYMMETRY AND HARMONY BY STONECROFT 121 Copperpond Common SE

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

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

03 MUSKOKA BY BROOKFIELD HOMES 65 Auburn Meadows Way

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

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

06 ZEN BY AVALON MASTER BUILDER 82 Auburn Bay Link SE

08 MUSKOKA BY BROOKFIELD HOMES 27 Auburn Bay Link SE

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

13

NOSEHILLPARK

FISH CREEK PARK

CALGARYINTERNATIONAL

AIRPORTI

CROWCHILD TRAIL

JOHN LAURIE BLVD.

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52 S

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SADDLETREE DR.

80 Ave

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32 Ave

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16 AVENUE16 AVENUE

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84 S

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AUBURN BAY

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COPPERFIELD PARK IIILOVE IT. LIVE IT. AFFORD IT.

www.copperfieldpark.com 403.723.0094

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

CONDO PROFILE

// BY HEATHER RYAN

Birchwood releases final phase of

BRISTOL TOWNHOMES in QUARRY PARK

buyers who dream of owning an upscale townhome in Quarry Park are down to their last opportunity to make it a reality with the final phase release of Bristol Townhomes by

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

three-storey townhomes with either single- or double-car garages that have been so well received, the first phase sold out quickly and sales are strong in the remaining phase.

“We sold out our Boulevard Townes ahead of what we expected, and we’re now more than 50 per cent sold in our Bristol Townhomes, which are the last of the townhomes in Quarry Park,” says Birchwood’s sales and marketing manager Adele Kerr. “So, with the release of our final phase, it’s really the final chance to get a townhome in Quarry Park.

“We’ve had a very busy summer with large numbers of people going through our sales centre,” she says. “We’re seeing a lot of interest and we anticipate selling out before December.”

As well, with construction well underway interest has been boosted further “because people can really see the scope of the project,” Kerr adds. “The first homes are in the drywall and finishing stage, so people can walk through them and appreciate the layouts.”

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

There are four models ranging from 1,313 to 1,590 sq. ft, in two- or


three-bedroom options with two-and-a-half bathrooms starting at $445,900 plus GST. Possessions on the first buildings are scheduled for October.

The townhomes showcase sought-after features such as laundry on the top floor by the bedrooms, a main-floor flex-room ideal for a home office, a hobby room or TV room, main-floor patio and second-floor balcony, and a second-floor tech space (in the larger models).

Buyers appreciate the well-appointed interiors that include hardwood floors, nine-ft. ceilings on the main and second floors, quartz countertops, stainless steel appliances, under-cabinet lighting in the kitchen, vessel sinks in the main bathroom and ensuite, and ceramic tile floors in the bathrooms and laundry.

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

Kerr says a major attraction for buyers is that Quarry Park has the feel of an established inner-city

community because it offers already established amenities, “yet it’s a brand new community with new homes and great access to both Deerfoot and Glenmore.”

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

Residents will be pleased that they can walk to The Market in Quarry Park, which serves as the central plaza and gathering place featuring intricate landscaping, wide sidewalks and site furnishings, and offers a variety of shops, services, restaurants, and a Co-op grocery and liquor store. Plus, residents can enjoy more than 80 acres of parkland and a new recreation centre that is scheduled to open in 2015.

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

To learn more about Bristol, visit the sales centre at 322 Quarry Park Blvd. S.E., open Monday to Thursday, 2 to 8 p.m.; weekends and holidays, noon to 5 p.m. Call 403.561.1911 or visit birchwoodproperties.ca.

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

remingtoncorp.com403.930.6900

Quarry Park’s latest masterpiece offers one, two and three bedroom residences with a long list ofoutstanding specifications inside and out – all in a stunning riverside location. Step into the good life

today at the Gates in Quarry Park, Calgary’s most diverse community.

770 SQ. FT. ONE BEDROOM + DEN

FROM THE $290s1020 – 1315 SQ. FT. TWO & THREE

BEDROOMS FROM THE $360S

PRESENTATION GALLERY 350 Quarry Park Blvd SE

Mon to Thur - Noon to 8pmFri - Closed

Sat & Sun - Noon to 5pm

NOW SELLING!

18

SOUTHEAST

CONDO PROFILE

// BY HEATHER RYAN

AVI URBAN launches new showhomes, final phase in Edison

excitement is in the air as Avi Urban has reopened the doors to its Edison

sales centre in Walden showcasing four new showhomes and releasing the final phase in this hugely successful townhome project.

“After an incredible launch and seeing the first homeowners take possession in May, we’re excited to open new showhomes and release 21 more townhomes, giving people an opportunity to choose from all six models,” says Charron Ungar, president of Avi Urban.

“From the very start of this development concept, we knew that

Edison would be special and we’re getting a great response from buyers who love the homes, great location, stylish floor plans and excellent exteriors.

“The transitional style blending both traditional and modern elements into one signature style was a risk, but one that was most definitely worth taking,” he says.

Avi Urban, the multi-family division of Homes by Avi, is crafting Edison in the south Calgary community of Walden, comprised of 157 three-storey townhomes with two or three bedrooms, double-car attached garages and a full driveway providing parking for three vehicles starting in the $300,000s.

The townhomes range from 1,130 to 1,400 sq. ft. and feature modern, open-concept designs that make maximum use of space and appeal to the differing tastes and lifestyles of today’s buyers.

Smart floor plans offer clever interiors that include features such as nine-ft. ceilings on the main floor, oversized windows, tile in the kitchen and bathrooms, and delicious kitchens highlighted by full-height glass

20

“The transitional style blending both traditional and

modern elements into one signature

style was a risk, but one that was most

definitely worth taking,” says Charron

Ungar, president of Avi Urban

mosaic tile backsplashes and extended-height custom cabinetry. Buyers will appreciate the brilliant bathrooms that come with rain showerheads, vessel sinks, glass mosaic tile backsplashes, and showers with full-height tile and glass doors.

Homes also come with oversized private balconies, and buyers are able to personalize by choosing the colour of their front door from five unique selections. Customizable options are also available.

Edison also offers environmentally friendly features such as high-efficiency furnace, low-E windows, a comprehensive home insulation system and Energy Star-rated appliances.

The townhomes present low-maintenance exterior finishes, James Hardie siding and an eclectic take on modern architecture for an esthetically pleasing look. Further, residents will love having a fully landscaped central park at their doorstep – an Avi Urban signature in many of its developments.

“The variety of floor plans appeals to a broad range of homebuyers, from first-time homebuyers to those looking to move up from an apartment,” says Ungar. “Young and vibrant homeowners are choosing Edison because of the innovative design, unique architecture and incredible location.

“They’re also excited about the abundance of private outdoor living space that they’ll get with a balcony off their main living area and fenced at-grade patio, plus the lushly landscaped central park,” he says.

Buyers also love the walkability, as Edison is just steps away from neighbourhood conveniences. They can stroll to a Save-On-Foods grocery store, Starbucks, Shoppers Drug Mart, restaurants and services at the Gates of Walden.

Residents can also enjoy Walden’s many pathways, parks and green space, and they have easy access to Stoney Trail and Macleod Trail with all its amenities and the LRT at Somerset.

To learn more about Edison, visit the showhomes at 283 Walden Dr. S.E., open Monday to Thursday, 2 to 8 p.m.; weekends and holidays, noon to 5 p.m.; and Fridays by appointment only. Call 403.536.7236 or visit aviurban.com/edison.

21

SAVING SPACE // BY SYLVIA DAOUST

Sylvia Daoust, owner of Niche Small Space reDesign, is one of Calgary’s only professional organizers with expertise

in small spaces. She is renowned for simplifying homes and offices with

mini renovations, redesigned rooms and tricky organization projects. Join

her blog, nicheredesign.com/blog/ where smart solutions transform

challenging spaces every week! Follow Sylvia on Facebook.com/nichedesignsinc

and Twitter@SylviaDaoust

Streamline

YOUR MOVE

A list made weeks ahead will allow you to organize your thoughts and check items off as you go

If you’re moving into a smaller space, getting everything you own from point A to B can seem impossible to coordinate. Minimize the stress that comes with relocating by creating a plan well in advance. Try these tips and make

your move a little more manageable.

» Make a master list This transition period can make the most organized person feel scattered! A list made weeks ahead will allow you to organize your thoughts and check items off as you go. Don’t forget to include deadlines, as some items need to be done before others.

» Made to measure Do you know which current furniture pieces will fit

into your new space? Arrange a room to play with the layout.

» Get your new place ready Schedule time or hire someone to paint, clean, and make minor touch-ups to your new place before your moving day. Any projects you have planned will be easier to complete without boxes and furniture in the way.

» Purge Now is the time to say “goodbye” to everything you haven’t used since your last move! Pay attention to the amount of storage space you’ll have in your new space. This will help you make good decisions on the volume of items you can keep.

» Donation or dump? Schedule a donation pick-up, or rent a bin when you are certain you’ll need it! Make time to sort through the excess in advance.

» Parts & pieces It’s very frustrating to put electronics and disassembled furniture back together with missing parts. Take a picture for reference and then stash all the parts/cords in a Ziploc bag, clearly labeled.

» The essentials Before you get into packing boxes, grab a couple of suitcases and pack the essentials you’ll need to find during the first week in your new home. Items like clothing, toiletries, and a set of sheets should be set aside so they don’t land an the bottom of a large box!

» Miscellaneous items As you start to pack room-specific boxes, you’ll come across miscellaneous items that don’t belong in any specific room. Set these aside and use them as “filler” for boxes that still have space.

Check out October’s Issue for Part 3 of this Downsizing Series!


23

SOUTHEAST

Visit our showhomes at 220 Silverado Plains Park SWCall us at 403.240.4664

Townhomes from the $390’s and Stacked Bungalows from the $500’s.Check out HunterHouseLiving.com for more information.

The hunt is over.With high-end finishes, quartz countertops, and stainless steel appliances, townhomes at Hunter House set a new standard for living in southwest Calgary. Not to mention an attractive architectural design complete with attached double car garage. Stop searching and come home to Hunter House in Silverado.

SOUTHWEST

24

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

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

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

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

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

07 GLAS BY AVALON 2712 17th St. SW

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

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

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

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

SOUTHWEST COMMUNITIES

NOSEHILLPARK

16 AVENUEOLD BANFF COACH ROAD

16 AVENUE CENT

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JAMES M

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COUNTRY HILLS BLVD.COUNTRY HILLS BLVD.

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64 Ave

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FISH CREEK PARK


AIRPORT

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CELEBRATINGSUCCESS

WALL2WALL MEDIAwould like to congratulate all of the 2014 CHBA–Alberta Awards of Excellence Finalists

WALL2WALL MEDIA is proud to once again be a Gold Sponsorof the CHBA–Alberta Awards of Excellence in Housing

Visit our showhomes at 220 Silverado Plains Park SWCall us at 403.240.4664

Downsize, Don’t downgrade.

Townhomes from the $390’s and Stacked Bungalows from the $500’s.Check out HunterHouseLiving.com for more information.

Find out what’s cooking at Hunter House!With high-end finishes, quartz countertops, and stainless steel appliances, stacked bungalows at Hunter House set a new standard for living in southwest Calgary. Not to mention a gorgeous new kitchen that’s sure to impress your dinner guests.

27

IN THE NEWS

CARDEL LIFESTYLES, ONE OF

Calgary’s leading multi-family builders, is bringing a unique condo collection to the award-winning lake community of Auburn Bay.

Showcasing attractive lowrise architecture reminiscent of Muskoka cottage country, Auburn Walk features two 88-unit buildings comprised of one- and two-bedroom condos ranging from 544 to 1,019 sq. ft.

With 12 floor plans to choose from – most with large patio decks – Auburn Walk buyers enjoy a wide array of lifestyle-oriented condo options loaded with features and backed by 40 years of building

CARDEL LIFESTYLES announces new Auburn Walk condos in Auburn Bay – a truly walkable location

expertise. Hailed as one of the most attractive suburban condo locations in the city, Auburn Walk offers residents stunning city and mountain views and a maintenance-free lifestyle in a relaxed, pedestrian-friendly community, right next door to the future shops of Auburn Station.

Just steps away are Auburn Walk’s 13-acre centrepiece park, a 43-acre freshwater lake with a private residents’ beach and Auburn House, the neighbourhood’s impressive community centre. So too are the South Health Campus and a future school.

Radiating outward from Auburn Walk are even more amenities, including the nearby Seton Urban District, whose showcase Market Street offers a vibrant, eclectic mix of shops, boutiques, cafes, conveniences and recreational opportunities.

Commuting connections are made easy with convenient access to Deerfoot Trail, Stoney Trail and 52 Street, plus citywide transit links and future LRT.

Having so much to experience makes Auburn Walk an ideal live-play-work community. Sales are slated to launch in fall 2014.

To register for community updates and VIP selection status, visit cardelcondos.com.


30

9 AVE S

26 AVE S

11 AVE S

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17 AVE S

26 AVE S

23 AVE S

TALISMAN SPORTS CENTRE

MILLENNIUMPARK

GREYHOUNDBUS TERMINAL

COLONELBELCHERHOSPITAL

CITYHALL

CONVENTIONCENTRE

PRINCE’S ISLAND PARK

ROTARYPARK

RILEYPARK

EAU CLAIREMARKET

MOUNT ROYALVILLAGE

CALGARY EXIBITION AND

STAMPEDE PARK

FORTCALGARY

MAC

LEO

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MPI

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VICTORIA PARK /STAMPEDE STATION

ERLTON /STAMPEDE STATION

SUNNYSIDESTATION

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11 SOBOW BY M2I DEVELOPMENTS CORPORATION 1640-170A St. SE

12 KENSINGTON BY BUCCI 301 10th St. NW Coming Soon

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

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

17 916 BY SABLE DEVELOPMENTS 916 Memorial Drive

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

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

20 LIDO BY BATTISTELLA Sales Centre 1120 Kensington Rd

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

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

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

25 BRIDGELAND HILL BY GABLECRAFT HOMES 516 Edmonton Tr. NE Coming Soon

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

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1625

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02


CONTEMPLATING CONDOMINIUMS // BY LINDA PALFI

Linda Palfi is a condominium-specialist realtor with Discover

Real Estate. She has overseen many condo projects as the chair

of her condo board, and is a member of the professional standards

committee of the Calgary Real Estate Board. Further articles and her Calgary Condo

Directory can be found online at CondosInCalgary.com. Call Linda

for more information at 403.998.7732

Don’t be afraid of condo fees. They may mean you’re looking at a well-run development, not afraid to charge what it costs to do the job right.

WHY CONDO FEES can vary greatly

Condo fees are like city taxes – there is no profit margin in them, and they are set in

direct proportion to the cost of maintenance and the level of service we demand from our elected officials. In fact, they are not “fees” to a third party, but contributions that condo owners make to the upkeep of the common elements of their homes.

There are numerous reasons why condo fees can be higher or lower between neighbouring condos – and lower is not necessarily better! One condo Board, for example, may be ignoring looming capital costs, like replacing water lines, hot-water boilers and the roof. At first glance they may look like geniuses for keeping condo fees so low. Yet when the roof and pipes leak, that Board may have no cash reserves, so owners will face a large special assessment to quickly raise the funds for repairs.

Right next door, homeowners may be paying $50 per month more.

Yet a look at the books could show they have saved $1,500 for each of the 100 living units – sufficient to cover pending capital expenses and to have a cushion left over afterwards. As well, that development may be providing a higher level of service to its owners in the form of better snow removal, landscaping and maintenance touch-ups that reflect pride of ownership.

Typically, townhouses have lower condominium fees than apartment condos, simply because townhouses usually have their own furnaces, while apartments have central heat. Either way, you pay to stay warm in the winter. Another factor for highrise condos is the surprisingly high costs in electricity and maintenance for elevators. Then again, townhouses can have acres of grass to be cut and fences that need painting and replacement.

Recreation facilities can be expensive to operate. If you don’t use them, why buy into a development in which you’ll pay to maintain them? Calgary has some highrise condo buildings with great indoor swimming pools – filled with crushed gravel and a few potted plants plopped on top! Owners could not justify the costs of continued operation or overhaul of the aging facilities.

The type of construction can also be a factor in the monthly fees needed to run a condo development properly. Some concrete buildings and parking structures were built using post-tensioned cable-reinforced concrete construction. While most such buildings are just fine to buy into, some have had extensive – and expensive – repairs made, and virtually all of them require engineering inspection every few years, perhaps followed by more minor remedial work. These can be great buildings offering open floor plans and fine views, but there will be some on-going cost to all the owners.

New developments, of course, have all new components, and thus may face few capital costs for several years. Even so, some developers are a bit optimistic about what it will really cost to run a complex when the purchasers become owners of the condominium corporation. Often, operating reality soon shows that proper maintenance and reserve-fund contributions for future major expenses require an increase in fees from what was represented in the show suite. Don’t blame the sales representative for the optimistic presentation. Just increase the numbers 25 to 50 per cent within two years for your own comparison and budget purposes.

In short, you get what you pay for. If you buy a condo with low maintenance fees, it may see little in the way of services or reserve-fund protection. Don’t be afraid of condo fees. They may mean you’re looking at a well-run development, not afraid to charge what it costs to do the job right.


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

A NEW PERSPECTIVE ON URBAN LIVING

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

SUITE 04 809 SQ FT + 139 SQ FT Balcony Starting at $436,900

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

SUITE 09 979 SQ FT + 133 SQ FT Balcony* Starting at $578,900

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

FEATURES• Imported Italian Armony Cucine cabinetry and professional-grade induction cooktops by AEG• Optimized fl oor plans and open concept interior design• First-class amenities: Fitness centre and yoga studio, workshop, social lounge and garden terrace

PRESENTATION CENTRE 456-12th Avenue SE TEL 403 800 3368Mon – Thurs 12 – 6PM Sat & Sun 12 – 5PM

*Includes parking space for two vehicles

GII_0814-NCG_2Bed_final.indd 1 2014-09-09 2:20 PM

33

INNER CITY

CONDO PROFILE

// BY HEATHER RYAN

CALGARY’S TALLEST RESIDENTIAL TOWERS

are a hit with savvy buyers

residences at The Guardian are a hit with savvy buyers, who are drawn to the modern design, exceptional finishes, and the up-and-coming Victoria Park location of this highrise condominium project,

which will be Calgary’s two tallest residential towers.The first of The Guardian’s 44-storey towers was recently crowned

as Calgary’s tallest residential tower, and now the second tower is under construction and making a dramatic impact on the city skyline. Together, the remarkable height and distinctive architecture make The Guardian a recognizable landmark in the city and a coveted address.

“With the first tower sold out, sales are going extremely well in Guardian South,” says Ernest Hon, director of sales and marketing at Hon Developments. “We are getting a great response from Calgary homebuyers, and lots of visitors to our award-winning presentation centre located in the historic Victoria Park Bungalow Schoolhouse. Here, buyers can experience first-hand the high-quality finishes and discover the optimized floor plans that we offer.”

The Guardian has a variety of suites, including one-bedroom plans ranging from 441 to 572 sq. ft., two-bedroom units from 809 to 979 sq. ft., and the remarkable Paramount Suites, which have interior spaces of up to

2,619 sq. ft. “The efficient floor plans are one of the big reasons The Guardian has been so successful,” Hon explains. “We’ve carefully optimized the suites to avoid any wasted space in hallways and interior dens, and maximized functional living space near the windows that have an abundance of natural light.”

Each of the 308 homes at The Guardian have floor-to-ceiling windows, and oversized balconies provide that sweeping panoramic view. “The Guardian’s unique vantage point amongst the lowrise buildings of the historic warehouse district in Victoria Park means that these units will always have


breathtaking views of the city skyline, rivers, and mountains,” Hon says.

One of the greatest assets for The Guardian is the Victoria Park neighbourhood, which over the past decade has seen a dramatic transformation. Recently, many of the historic warehouses have been converted into studios for creative professionals and innovative small businesses, while hip new restaurants and cafes have opened to meet the new demand, including hotspots such as Village Ice Cream, Caffe Rosso and Vagabond micro-brewery.

The modern, open-concept interiors feature high-quality finishes than span throughout the suite, like the wide-plank laminate wood flooring. The kitchens feature high-end cabinetry manufactured in Italy by Armony Cucine that offers unparalleled quality, functionality and durability. The appliances are sleekly integrated into the cabinetry and include a professional-grade induction cooktop by Germany’s AEG. The

non-porous quartz countertops and seamless aluminum or glass backsplashes are designed to be both beautiful and easy to clean. The superior Armony Cucine cabinetry can also be found in the elegant bathrooms, and complements sleek polished-chrome fixtures, frameless glass showers and a unique micro-mosaic tile feature wall.

Buyers will also be impressed with the on-site amenities that include a fully equipped fitness centre, yoga studio, workshop, residents’ social lounge and rooftop garden terrace.

A great selection of suites is still available, with prices starting in the $250,000s, two-bedroom suites in the $440,000s and the spectacular Paramount Suites starting at $1.4 million.

Construction is well underway for completion in fall 2016. “The Guardian South has already surpassed the 19th floor of construction, months ahead of schedule, so our purchasers can be confident that their homes will be completed on time,” Hon says. “The Guardian is unique in the condo development market, as residents will be able to move into their new homes in less than two years.”

For more information, visit The Guardian’s presentation centre at 456 12th Ave. S.E, open Monday to Thursday, noon to 6 p.m.; weekends, noon to 5 p.m. Call 403.800.3368 or visit theguardiancalgary.com.


FOR MORE INFORMatION:

carlislegroup.ca 403.228.5872

NOW SELLING IN 6 LOCatIONS

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

aLBERt PaRK: vISIt thE CENtRaL SaLES CENtRE

aIRDRIE: ShOW SuItE OPEN

COChRaNE: By aPPOINtMENt ONLy

LEGaCy: By aPPOINtMENt ONLy

KINCORa EMERaLD SKy: COMING SOON

CENtRaL SaLES CENtRE: at RIvERFRONt POINtE: 325 3RD St. SE

(aCROSS FROM BOOKERS)

EDMONtON: IN MaNy LOCatIONS

c o m i n g s o o n

concRETE & sTEEL consTRUcTion

QUiET, moDERn & ULTRA comFoRTABLE

sTAnDARD gRAniTE coUnTERTops & sTAinLEss sTEEL AppLiAncEs

inDooR HEATED pARKing (adjacent to some suites)

commAnDing LocATion WiTH sTUnning ViEWs

mAsTER pLAnnED URBAn ViLLAgE DEsign

THE nEW conDo cHoicE FoR THE inTELLigEnT pURcHAsER

FROM THE

$180’s REgisTER aT

emeraldsky.ca

artist’s concept only

Final Clearance. No Reasonable Offer Refused. Last 10 Units.

SaleS Centre HourS: Mon - Fri 12-6 pmSat, Sun & Holidays, 12- 5 pm

SaleS Centre loCation: 325 3rD Street Se (across from Bookers)

REgisTER aT

CreeksideVillageCondos.com


FINaL PhaSE SELLING NOW!

RAILWAY AVE

YANKEE VALLEY BLVD SE

AIRDRIE ROAD NE

HIG

HW

AY 2

8 ST

MAI

N S

T

MC

KEN

ZIE

WAY

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

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

403.980.3334

executive furnished suitesearn up to $3000 month

free Air cOnditiOninG

GO tO rivpt.com

frOM the

$300’s

403.228.5872

1 Street SE

3 Street SE

Centre Street S

4 Avenue SE

5 Avenue SE

MacleodTrail SE

Riverfront Ave SE

Memorial Drive NE

36

FOR MORE INFORMatION:

carlislegroup.ca 403.228.5872

NOW SELLING IN 6 LOCatIONS

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

aLBERt PaRK: vISIt thE CENtRaL SaLES CENtRE

aIRDRIE: ShOW SuItE OPEN

COChRaNE: By aPPOINtMENt ONLy

LEGaCy: By aPPOINtMENt ONLy

KINCORa EMERaLD SKy: COMING SOON

CENtRaL SaLES CENtRE: at RIvERFRONt POINtE: 325 3RD St. SE

(aCROSS FROM BOOKERS)

EDMONtON: IN MaNy LOCatIONS

c o m i n g s o o n

concRETE & sTEEL consTRUcTion

QUiET, moDERn & ULTRA comFoRTABLE

sTAnDARD gRAniTE coUnTERTops & sTAinLEss sTEEL AppLiAncEs

inDooR HEATED pARKing (adjacent to some suites)

commAnDing LocATion WiTH sTUnning ViEWs

mAsTER pLAnnED URBAn ViLLAgE DEsign

THE nEW conDo cHoicE FoR THE inTELLigEnT pURcHAsER

FROM THE

$180’s REgisTER aT

emeraldsky.ca


Final Clearance. No Reasonable Offer Refused. Last 10 Units.

SaleS Centre HourS: Mon - Fri 12-6 pmSat, Sun & Holidays, 12- 5 pm

SaleS Centre loCation: 325 3rD Street Se (across from Bookers)

REgisTER aT

CreeksideVillageCondos.com


FINaL PhaSE SELLING NOW!

RAILWAY AVE

YANKEE VALLEY BLVD SE

AIRDRIE ROAD NE

HIG

HW

AY 2

8 ST

MAI

N S

T

MC

KEN

ZIE

WAY

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

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

403.980.3334

executive furnished suitesearn up to $3000 month

free Air cOnditiOninG

GO tO rivpt.com

frOM the

$300’s

403.228.5872

1 Street SE

3 Street SE

Centre Street S

4 Avenue SE

5 Avenue SE

MacleodTrail SE

Riverfront Ave SE

Memorial Drive NE

37

THE HOMEBUYING PROCESS // BY DONNA MOORE

Donna Moore is executive officer of the Calgary

Region Home Builders’ Association. Call 403.235.1911 or visit crhba.com

When touring show suites, today’s new home buyers will discover many builders

have raised the bar by offering a full range of quality features and finishes, and are setting new standards for value, character and individuality.

Calgary and area new-home builders also offer buyers a wide range of options and upgrades, making it easier for them to personalize their home and get exactly what they want, right from the very beginning.

The variety of features and finishings outlined here are just a few of the many homebuyers will discover during their home search in the Calgary region.

What you’ll likely find first when it comes to features is underfoot. When visiting show suites, you’ll notice that floor coverings are an integral part of the character of the home. They make a statement and set the tone for style.

Raising the bar with

GREAT FEATURES AND FINISHINGS

Builders are being creative with flooring, often combining different types such as hardwood, tile and carpet, matching them to the style and intended use of each room or area, or using them to transition or define spaces in open-concept designs.

When entering a show suite, don’t forget to look up. Builders have also become more creative with what’s overhead, as ceilings are being designed to draw attention with eye-catching styles from coffered and tray ceilings, bulkheads, sloped and vaulted designs.

Builders also continue to pay careful attention to the details in the kitchen. The recent trend is toward large, central islands with breakfast bars for casual meals or socializing – and they offer plenty of food prep space.

Kitchen cabinets often set the tone, from wood to sleek steel and glass, which are complemented by countertops – granite is popular – that create looks from traditional to contemporary.

Kitchen sinks too come in a variety of materials and colours, while faucets range from clean contemporary to ornate Victorian, to match the kitchen’s style. You’ll also find lots of storage ideas from innovative shelving and pullouts, to walk-in or walk-through pantries.

Bathrooms run the gamut, from functional four-piece designs to luxurious spa-like ensuites with dual vanities, soaker tubs and oversized walk-in showers. The selection of fixtures is amazing and can be styled to suit any buyer’s tastes.

One often overlooked finishing touch is moulding, which some say ties it all together. Show suites are a great place to see the various styles, sizes and profiles available, and the impact they have on the overall look.

Another key feature is lighting because it creates different atmospheres. Styles range from pot lights, to drop lights, chandeliers, indirect and rope lighting, all designed to create a certain ambience for each room.

Along with these, there are many other features and options to consider when buying a new home or condo, which is why builders and their sales staff work closely with customers to explore what’s available and help them make choices that suit not only their tastes and needs, but also their budget.

It’s also why people should visit the various show suites out there, to see the wide range of choices available and get a better feel for what they like when it comes time to buy.

Many builders, too, have their own design showrooms where a variety of products are on display and specialized designers can help the homebuyer pick the right assortment of products to truly make their home a reflection of their style – and lifestyle.


Modus Booklet September 2014.indd 1 9/9/2014 10:21:56 AM

LIFE HAPPENS ON THE INSIDE.

So you’re looking for a condo or townhome that fits your life. Take a moment to think about this. Modus offers more choice in Alberta than any other

multi family builder. The largest combination of interior options, amenities, models, building styles, communities, cities, price points and services. With

choices like this your new home is really only limited by your imagination.

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


WITH MODUS YOU GET:

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

■ ■ ■ the best in industry interest rates.

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

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

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

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

■ ■ ■ one year jayman service warranty.

■ ■ ■ to save money on legal fees.

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


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 for Pre-Sale homes and homes with 6 month + occupancy.

Example. Purchase October 2014 with occupancy May 2015

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

Payment Structure 1000 Deposit Hold October 7,514 2.5% (consolidation - approximately 10 days)

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

November 1702.80 December 1702.80 January 1702.80 February 1702.80 March 1702.80

Buying a home is possible!

ASK USabout the

Jayman Modus DownPayment Savings

Program



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

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


From the developer oF 6th and tenthmarKetInG

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where a river runs through.

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39

CALGARYISM // BY CODY BATTERSHILL

Cody Battershill is the founder of Calgaryism and a top producing realtor at

Re/Max House of Real Estate. Born and raised in Calgary, Cody has a passion for helping his clients accomplish their real

estate goals and loves to show off the best Calgary has to offer! He can be reached at

403.370.4180, on Twitter @Calgaryism and Calgaryism.ca

Five reasons to love

MARDA LOOP

Have you heard of Marda Loop? You know, that area that everyone talks about from time

to time. This vibrant and culturally rich area of southwest Calgary is definitely a place to be known, as it keeps many Calgarians coming back for more, again and again. More of what, you might ask? Here are five reasons to love Marda Loop:

1 WALKABLE One characteristic of Marda Loop that everyone loves is its walkability, as you can easily park and walk to any destination in the area within a few minutes. That includes the beautiful Sandy Beach and Altadore Parks located along the embankments of the Elbow River.

Walk along the streets of Marda Loop and you’ll notice they have a small-town feel. Around every corner are quality shops, restaurants and other businesses that, in some cases, are the best at what they do in the city.

2 EAT-ABLE Hungry people from all over Calgary make the trip to the top-notch restaurants located in Marda Loop. And it’s not only one, two or three of these establishments that have this effect, but several. Whether it’s Italian, Asian, contemporary or perhaps brunch on your mind, you’ll find it in Marda Loop. Here are my three favourites:Globefish Sushi: Sushi-lovers, this is one of the best Calgary sushi restaurants there is,and it's also the best Globefish in town by far. Some of my top choices include beef udon soup, the firecracker roll and edamame beans, although in my experience, anything you get will be scrumptious.San Remo Ristorante: When it comes to gourmet Italian cuisine, no one does it better in the neighbourhood than San Remo. I recommend the melt-in-your-mouth lamb shank – it is to die for!Nho Saigon: If you’re looking for a quick, healthy, affordable meal and like Vietnamese cuisine, then you’ll want to check out this restaurant. Nho Saigon has a very flavourful peanut pho sate soup if you like spicy!

3 SHOP-ABLE There are several “hidden gem” shops that offer a little bit of something for everyone. You could easily spend a few hours or more going from shop to shop, finding unique goods you can’t find elsewhere. Some of my favourites include:Casablanca Video: Home to over 30,000 different movies and DVDs, you can rent, trade-in and even make special orders at this awesome media rental store.Monkey Shines: Your children will love the books from Monkey Shines because that is their speciality. Find a wide range of kids’ books that will open up the imaginations of your children in a positive and educational way.Vitamins First: You can never be too conscientious about what you put into your body. At Vitamins First, you’ll find everything you need to take nutrition in your life to the next level. While you’re at it, maybe stop in and get a massage too!

4 SOCIABLE Every year Marda Loop is host to various family events and functions such as Christmas in the Loop. The area is a great place to have fun with your family, friends and associates, and you might even meet some new friendly faces while you’re at it!

5 LIVEABLE Marda Loop’s plethora of amenities, friendly faces, river access and warming streetscapes all combine to make it a great place to live. Today, there are several opportunities for buyers to live in this very desirable area of southwest Calgary.

Until next time, stay connected with the Calgary community and check us out at Calgaryism on Facebook, Instagram and Twitter. Hope to see you there!


SoBow is everything you’ve been looking forin an inner city community.

We’re a Built Green™ concrete project featuringdesign-savvy interiors, large open floorplans,a 9000 sq. ft. gym and more.

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41

CONDO SENSE // BY CAMERON MCNEILL

Cameron McNeill is the owner of MAC Marketing Solutions, one of Alberta’s

and B.C.’s leading real estate sales and marketing firms. Cameron also co-founded

TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research

firm. Together with his experienced and dedicated team of sales, marketing and

administration professionals, he has transacted more than 14,000 new

homes and $5 billion in sales. Email him at [email protected]

or follow him on Twitter @mac_marketing

Pros and considerations of joining your Condo Corporation board

TO TAKE THE LEAD, OR NOT?

Last month I wrote about the benefits of condominium ownership and what your

condo fees cover. My team and I were discussing this further, and someone asked, “What about joining the corporation board?”

I realized with this question that some may not even know that the Condominium Corporation Board is the volunteer group of homeowners charged with managing the building and property management company. I also realized that I’m asked this question quite regularly. This is a tough question, because it really is a personal choice. However, being a member of the Board allows you, as an owner, to know what’s going on in your building, as if it were your own single-family home. You would know about the maintenance needs, costs

and how to better manage the budget to ensure the building is properly maintained for the long-term value of your home.

What are the pros and cons of being a member of the Board? Have a look through a few of the benefits and key considerations listed below to help you decide if being on the Board is the right choice for you.

PROS

» Thorough knowledge of the building functioning and costs of maintenance in both the short- and long-term

» Ability to have direct engagement in building issues, discussions and solutions

» Affords some control over the investment you have in your home/building allowing you to maintain the overall property value

» Monitor if the property manager is doing an effective job within the budget» Increased pride in ownership of the building» An opportunity to get to know your neighbours better CONSIDERATIONS

» It takes time» Some neighbours feel you are available 100 per cent of the time and will

try to address their “issue” at your front door or in the hallway or elevator» Dealing with uninformed residents

Here are some questions you should ask yourself before you volunteer for your Board:» Do I have the time? » Being on the Board takes time for meetings and necessary tasks» Do want to join in order to push a personal agenda?» How proactive am I?

While having a personal issue is not a bad reason to join the Board, it cannot be the driving reason behind your choice. In fact, if you do have a personal agenda, the Board may not be the best place for you, as this position requires a focus on the overall building and the needs of all residents.

Joining the Board is about thinking ahead in the best interests of the building. It’s about looking forward and making those tough decisions on how money should be allocated, evenly and fairly, and in an appropriate manner.

At the end of the day, I believe the key question you should ask yourself is, “Are my abilities going to help the Board, or hinder it?” You will be especially helpful if you can contribute core skills such as accounting, gardening, project management or construction. If you truly believe you are able to help the Board function more smoothly for the long-term benefit of the building, then you have your answer.


“After living way out in the suburbs for over 20 years, we looked carefully and chose to buy at Bridgeland Crossings. We love the neighbourhood and our commute will be much shorter, only about 5 minutes to downtown. We can walk everywhere – including across the pedestrian bridge to East Village. It’s a whole new lifestyle for us.”

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

403.269.2805

Memorial Dr. NE

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7A S

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Calgary Zoo

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1, 2 & 3 BEDROOM HOMES FROM $314,900

THE DEVELOPER RESERVES THE RIGHT TO CHANGE ANY INFORMATION CONTAINED HEREIN WITHOUT NOTICE. PRICING, SIZING, MATERIALS, AND SPECIFICATIONS ARE SUBJECT TO CHANGE. E.&O.E

INNER CITY

NEIGHBOURHOOD PROFILE

BRIDGELAND: An evolving, vibrant, walkable community

an inner-city community that is rich in history and located on the cusp of

downtown, Bridgeland is one of the most walkable, vibrant and evolving communities in Calgary.

“Bridgeland is among the most active redevelopment communities in the inner city and we’re really excited to be there,” says Chelsey McPhedran, development assistant at The Providence Group, which is crafting V & V, a contemporary condo project in the community. “It is very ethnic, eclectic, historic, and has a small-town feel that is unique, being so close to the downtown core.”

Offering a prime location to the north of the Bow River and Memorial Drive between Edmonton and Deerfoot Trail, Bridgeland was established in the early 1900s by many German, Italian, Ukrainian and other immigrants – a diversity that continues today.

“It’s a great inner-city community that is revitalizing, especially with new businesses taking hold such as the Bridgeland Market, Lukes and Sisters, and must-eats like the Blue Star Diner, Main Dish and La Dolce Vita,” McPhedran says.

Patricia Koyich has had a long-time presence in the community, after opening Il Sogno in August 2000. She chose Bridgeland for her restaurant “because I knew it would be great. There is a definite transition going on and it’s bigger than even I thought it would be, with new condos being developed, small restaurants popping up…

“Bridgeland seems to be coming into its own as a really great community,” says Koyich, who also teaches dining room service and mixology at SAIT. “It’s eclectic, diverse and has a great vibe, and the cool part about the area is the walking traffic and cyclists – that really makes it vibrant.”

// BY HEATHER RYAN

CONTINUED ON PAGE 46…44 NEW CONDO GUIDE | VOLUME 17 ISSUE 10 | newcondoguide.com

INNER CITY

45

Bridgeland residents can walk, bike or take the nearby C-Train to downtown, or they can head to the community centre, the neighbourhood farmers’ market, local cafes, restaurants, boutique shops, services, parks and river valley pathways.

“I grew up in a small town and Bridgeland reminds me of that atmosphere; it’s a safe, friendly, comfortable community yet it’s on the edge of downtown so you can enjoy the urban centre and all it has to offer,” McPhedran says. “It also has easy access to major traffic routes like the Deerfoot, Memorial Drive and 16th Avenue for getting out of town for your weekend adventure.”

V & V is one of several new condo projects in Bridgeland. It consists of two, four-storey buildings offering one-, two- and three-bedroom floor plans on the corner of Edmonton Trail and 4th Avenue N.E.

Another offering is Vericon Real Estate Ventures’ LiFTT (Live for Tomorrow Today), a four-storey, 39-suite condo at 730 5th St. N.E., which features one-, two- and three-bedroom designs and a treed location near Bridgeland Park.

Vericon president Joe Fras says they chose to develop in Bridgeland “because it has a long-established history of being an older community that is centrally located and it has a nice feel with mature trees lining the streets and a mix of housing types, from single-family homes to new construction, infills and low-density apartment condos.

“The proximity to the downtown core, the river and transit on Edmonton Trail, and having established amenities such as parks, pathways and schools, is attractive to a diverse group of buyers,” Fras says.

“There is a lot of excitement in Bridgeland in how the community is evolving,” he adds. “It’s a community in transition, so we’re seeing trendy new businesses moving in, giving it a younger, more ‘hipster’ feel.”

David Magnan, sales director of Bridgeland Crossing, says there are a number of reasons why Bridgeland is so appealing, “but I’d say the top ones are the proximity to downtown, the green spaces, and the addition of so many great restaurants … my favourites are Burger 320 and Shiki Menya, both which opened in the last year.”

Apex Cityhomes recently launched its second Bridgeland Crossings offering – a 143-suite, eight-storey building at the corner of Memorial Drive and 9th Street N.E. located beside McDougall Park and across from Murdoch Park.

“I really like that there are lots of parks in Bridgeland and they’re quite large, plus residents have easy access to the river and soon to St. Patrick’s Island, which is a five- to seven-minute walk from here,” Magnan says, noting as an added benefit both the Calgary Zoo and Telus Sparks science centre are located in Bridgeland.

“Bridgeland is really becoming energized,” he says. “On Saturday morning people are lined up at 1st Avenue restaurants for brunch and we’ve really seen more energy in the community in the last six to eight months. Because of that energy, I think we’re going to see things like the restaurants and farmers’ market grow every year.”

CONTINUED…

NEIGHBOURHOOD PROFILE

46


INNER CITY

DESIGNER ADVICE

UPON WALKING INTO THE FULLY

upgraded show suite in the design centre for your newly purchased condo, you’re faced with a number of decisions for materials, colours and upgrades. You immediately go for the hardwood, which is much pricier than the laminate; you’ve always wanted a spa tub, fully loaded with jets; and you love those stainless steel appliances. You stop

for a second and take a breath because all you can see are dollar signs. You have to ask yourself, “is it really going to make a difference when it’s all said and done?”

The answer is “yes.” Not every upgrade is worth the money you’ll pay for it, however some upgrades from the standard finishings will make a huge impact when it comes to aesthetics, quality and resale value.

Choosing your finishings should not be an overwhelming experience. Do your research before heading out to make your final selections, and you’ll be in good shape.

Choosing finishes & upgrades: WHERE DO I START?// BY YANIC SIMARD

CONTINUED ON PAGE 50…48 NEW CONDO GUIDE | VOLUME 17 ISSUE 10 | newcondoguide.com

Follow us on Twitter at twitter.com/BattistellaDev

Like us on Facebook facebook.com/

BattistellaDevelopments

PRESENTATION CENTRE: 1120 KENSINGTON ROAD NW

4 0 3 . 2 9 0 . 1 6 6 4 b a t t i s t e l l a . c a / l i d o

49

1 | CHOOSING IN THE RIGHT ORDER

People often start by choosing a paint colour and then trying to match everything else to it. To me, that’s going backward. It’s much easier to choose your paint colour last, having it complement your other, more permanent selections, such as cabinetry. Finishings that are the least difficult to change should be chosen last. Start with the flooring and cabinetry. Designer tip In smaller spaces like condos, keeping the flooring consistent throughout the home will create a nicer visual flow and feeling of openness. Next, choose the backsplash, countertop and cabinetry hardware. I wouldn’t suggest going with a bold and colourful pattern for the backsplash. Keep it simple and neutral. You can then add colour to your home with accessories and soft furnishings, like pillows and throws. I don’t advise experimenting with colour on finishings that are permanent. Your countertop and backsplash will be expensive to change if you don’t like the end result. The countertop and backsplash should coordinate with each other, and pick up colour tones from one another. As for the hardware, I like combining knobs and pulls – knobs for the doors and pulls for drawers, and you can never go wrong with a brushed-nickel finish.

Lastly, choose your paint colour – something that matches nicely with the already-chosen finishes. Bring a selection of paint chips with you. Designer tip I’m known for using Benjamin Moore’s Classic Grey (OC-23) for the walls, trim and ceiling. I paint the walls and ceiling with a flat finish, and the trim in semi-gloss.

2 | THINK RESALE

Certain features sell better than others, which is very important to keep in mind when choosing upgrades. Stainless steel, granite countertops and hardwood flooring are all elements that buyers look for and are attracted to, and smart upgrades to invest in. Though you probably won’t be thinking “resale” at the time of purchase, it’s crucial to always keep it in the back of your mind. Remember that you want your choices to cater to a wide demographic of prospective purchasers down the road, so be sure that your selections will appeal to a broad range of tastes and style preferences. Rule of thumb Spend about five per cent of your budget on upgrades, in order to maximize the return on your investment.

YANIC SIMARD is New Condo Guide’s design editor, principal designer of TIDG (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, at ysselected.com

3 | PROFESSIONAL HELP

The benefits of using a reputable designer will pay off. Designers have an eye for colour and they know what works well in a particular space and what doesn’t. It’s a wise decision to employ a designer up front to avoid making mistakes that could end up costing you more money down the line, if you don’t like the finishes that you chose yourself. A good designer who is familiar with builders’ finishings will help you to mix and match the options and upgrades to achieve the ultimate look at the lowest cost. It’s all about knowing where to spend your money and how to match your various selections.

SOME UPGRADES THAT PAY OFF › Hardwood in lieu of carpeting

› Kitchen backsplash

› Countertop with undermount sink

› Stainless steel appliances

› Interior doors and door hardware

DESIGNER ADVICE CONTINUED…


INNER CITY

51

KEEP YOUR EYES ON THE PRIZE

INVESTOR ADVICE // BY ANDREW LA FLEUR

So, you’ve decided to buy an investment condo. Congratulations! As a

first-time investor, there are five questions you need to ask yourself before buying a new condo:

Andrew la Fleur is an award- winning realtor with expertise in

the investment condo market. Visit TrueCondos.com/NewCondoGuide

or contact Andrew by email at [email protected]

Are you looking to make a short- or long-

term investment? What kind of return are you

looking to achieve? Are you more interested in income or capital gain

– or both? Deciding what your goals are up

front will better help you achieve them in

the long run.

1 | What are your goals?Before you buy any investment condo, you should figure out what your goals are. Are you looking to make a short- or long-term investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run.

2 | What can you afford?Talk to your mortgage broker or lender and get a mortgage pre-approval before you start your search. This will help you figure out what you can afford, and will help you start to narrow your search.

Also, make sure you are prepared for the developer’s requirements with respect to financing. Most new condos will require a 15- to 20-per-cent deposit up front, as well as a mortgage approval letter showing you can afford the unit you are purchasing.

3 | What is your exit strategy?This is a very important question many first-time investors fail to answer before buying a new condo. Will you buy, hold and rent for the long term before selling? Will you buy pre-construction and then flip (assign) your unit prior to final closing? Will you buy pre-construction, close on the unit, rent it out for one or two years, and then sell it? Will you buy, wait for completion, and then refinance and re-invest the proceeds? Assess the risks and rewards associated with different exit strategies, and start with the end goal in mind.

4 | What should you buy?Buying a new condo for investment purposes is different than buying one to live in. Some units make better investments than others. Questions to consider include: • Which locations are likely to experience the most growth? • What type of unit is the most attractive to renters? • Which type of unit tends to appreciate faster than others?

5 | When should you buy?Understanding the typical marketing cycle that a new condo goes through, from pre-construction to completion, will help you identify the right time to buy. When buying for investment, it is generally best to buy at the earliest possible stage when a new building launches. This is when prices are the lowest, and availability of investor-grade suites is highest. But there are other great opportunities to buy, including right before the developer meets the sales target to secure construction financing, or during the occupancy stage. In both of these instances developers tend to be highly motivated to sell and this is when they often introduce great buyer-incentives or cash discounts.


QLD 8002 Qualex_Park Point ParkPointAd_TeaserAd_NewCondoGuide_20140627.ai

Material deadline - Thurs, JUNE 19 INSERTION DATE - Friday, JUNE 27Upload high res pdf to Web: https://wall2wallmedia.sharefile.comUser: [email protected] PSWD: guest123Rep: Natalie Houghton

18.06.14

10.06.14F LR/SF


SIZEPROOF


NOTES

SIGNATURE

C M Y K

OK as is

OK with changes

Supply new proof with changes

d . m . y

d . m . y

Trim Size: 7.5˝ x 10.5˝ Live: 6.75˝ x 9.75˝Bleed: 0.125˝ all around

CALGARYPARKSIDE LIVINGON CENTRAL MEMORIAL PARK

QUALEX.CA/PARKPOINTREGISTER NOW

This is not an offering for sale. E.&O.E.

CENTRAL PARK

12TH AVE SW

2ND

ST

SW

Another original development by

53

INNER CITY

FINANCES

THE AVERAGE HOUSEHOLD DEBT IN CANADA HAS RISEN

FROM $72,045 LAST YEAR TO $76,140 IN 2014, with Alberta leading the way, According to BMO’s Annual Debt Report released recently. The report also details how the mix of debt – mortgages, credit cards and student loans – for households in the provinces has changed year over year.

The report, conducted by Pollara, revealed that household debt has increased in each region across Canada, except for the Prairies and Ontario. Alberta remains the province with the highest household debt, $48,698 above the national average. Alberta and BC are above the national average, while the other provinces are below.

$ Alberta has the highest household debt, Quebec has the lowest

$ Ontario and Prairies have cut household debt from last year

$ More Canadians hold a mortgage, as Millennials are entering the housing market

Other noticeable regional differences include:›› Albertans have nearly twice the average household

debt than Ontarians ($124,838 versus $67,507, respectively).

›› Atlantic Canadians took on more than $16,000 of household debt this year compared to 2013.

›› British Columbians also took on more debt – $20,745 more this year than last.

›› Those in the Prairies reduced their debt by $13,000 from last year.

Sal Guatieri, senior economist, BMO Capital Markets, notes that the booming economy of Alberta, particularly Calgary, has made the province an outlier compared to other regions. “Part of the reason household debt in Alberta is so much higher than in other provinces may be due to rapidly rising house prices, which have caused homebuyers to take on larger mortgages.”

The BMO Debt Report also reveals the type of debt Canadians have in 2014 compared to last year:›› Forty-three per cent of Canadians hold mortgage

debt, an increase of 13 per cent year over year.›› More than half of Canadians have a credit card

balance, but the number of households has dropped from 56 per cent to 52 per cent this year.

›› Student loans have remained stable, with 15 per cent of Canadian households reporting this type of debt

The rising share of households with a mortgage is partly driven by the active participation of first-time buyers, mainly young Canadians, Guatieri notes.

“It is encouraging to see Canadians are paying down credit card debt, which costs more – especially compared to today’s low mortgage rates,” notes Tony Tintinalli, regional vice-president, BMO Bank of Montreal. Tintinalli encourages Canadians to speak with a financial planner to set realistic financial goals and a budget, and put a plan in place to pay down their debt aggressively, whether by opting for a shorter amortization for those with mortgages, or by choosing a credit card with a lower monthly interest rate.

AVERAGE HOUSEHOLD DEBT

National ATL QC ON MB/SK AB BC

2013 $72,045 $47,237 $56,860 $76,970 $82,100 $89,026 $79,0892014 $76,140 $64,120 $59,805 $67,507 $68,437 $124,838 $99,834

TYPES OF DEBT

National ATL QC ON MB/SK AB BC

Credit Cards 52% 60% 46% 54% 45% 50% 58%Mortgages 43% 31% 46% 40% 38% 53% 44%Student Loans 15% 20% 11% 19% 3% 17% 10%

HOUSEHOLD DEBT UP SIX PER CENT TO $76,140 More Canadians have a mortgage, fewer with credit card debt, student loans unchanged


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.

ELEGANT TWO-BEDROOM HOMES FROM $561,900.

CONSTRUCTION

UNDERWAY

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

10 S

T SW

5th AVE SW

PRESENTATION CENTRE: 1037 5th Avenue, SW, Calgary

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

403-530-8455

AVENUEWESTEND.COMnewcondoguide.com | VOLUME 17 ISSUE 10 | NEW CONDO GUIDE 55

NOSEHILLPARK

FISH CREEK PARK


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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

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36 S

TREE

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114 AVE SE

84 S

TREE

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CHAPARRAL

NEW BRIGHTON

ABURN BAY

COPPERFIELD

CRANSTON

12 AVENUE

02 0104

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

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

02 43 PARK BY VERICON REAL ESTATE VENTURES 43park.ca


ARRIVE AHEADTake pride in owning an Arrive townhome because it’s built environmentally

responsible – and love it because it can save you money. Our multi-family units

feature spacious floor plans with 2 to 4 bedrooms, 2.5 baths, and an essential

heated attached garage, with full depth driveway.

SHOWHOME HOURS MON TO THURS 2PM TO 8PM FRI TO SUN 12PM TO 5PMSHOWHOME ADDRESS 104 REDSTONE VIEW NE (OFF REDSTONE WAY)

403 264 8963 ARRIVEHOME.CA

GRAND OPENING OCTOBER 4TH! VISIT 2 NEW SHOW HOME MODELS

128 A

VE

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LVD

METIS TRAIL

REDSTONE STREET

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NEW COMMUNITY COMING SOON!AT SKYVIEW RANCH

ARBOURS

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AIRDRIE

STRATHMORE

COCHRANE

LANGDON

22X

22X

22

22

2

2

2A543

22X

1

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LETHBRIDGE

HIGH RIVER

BLACKDIAMOND

TURNERVALLEY

OKOTOKS

CHESTERMERECALGARY

546

797

09 11

15

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

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 Coming Soon to Yankee Valley Blvd. and 24th St. SW BrooksideAtBaysprings.com

15 CHESTERMERE TOWNHOMES BY SLOKKER CANADA WEST #300 Marina Drive, Chestemere

17 ZEN OKOTOKS BY AVALON MASTERBUILDER www.zeninbalance.com

03 CONCEPT BY JAYMAN MODUS 201 Sunset Drive, Cochrane, Alberta

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

0507

0302

08

13 10 12

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


CONDO PROFILE

// BY HEATHER RYAN

CALBRIDGE launching new townhome project in Fireside, Cochrane

a new townhome project that offers both a great lifestyle and location is being launched by Calbridge in Fireside, Cochrane.

“Calbridge is dedicated to the community vision for Fireside. We offer single-family homes, side-by-side homes and villas, so we’re pleased to add another product to the mix with townhomes in Vantage Fireside,” says David MacKenzie, vice-president and general manager of Calbridge.

“Our team is very excited about the grand opening of our presentation centre on Sept. 20, which will showcase both the project, community and included features,” he says. Sales will also launch that day; people can register up until then on the website, at vantagefireside.com.

Vantage Fireside presents buyers with 147 townhomes boasting attached double garages in both two- and three-bedroom layouts with 2.5 bathrooms.

The townhomes offer three different floor plans ranging from approximately 1,100 to 1,400 sq. ft. The typical plan is a three-bedroom design with master bedroom and ensuite, two secondary bedrooms, a full bathroom, and laundry on the upper floor. A Great Room, kitchen with island, dining area, and half-bath are on the main floor,

These townhomes offer spacious, bright, open plans with impressive features like

wide plank hard-surface floors, stainless steel

appliances, and a covered deck off the kitchen for year-round barbecuing

with a den (optional), garage and storage area at ground level.

These townhomes offer spacious, bright, open plans with impressive features like wide plank hard-surface floors, stainless steel appliances, and a covered deck off the kitchen for year-round barbecuing.

Starting at $279,900 including GST, the townhomes “offer a great value and opportunity for first-time buyers who may have been priced out of the market in Calgary, and for downsizers or empty-nesters

who desire the features of a single-family home without the maintenance,” MacKenzie says.

Vantage Fireside sits on 8.5 acres and will back onto wetland and pathways. A new retail plaza is located just across the street and will include a Tim Hortons.

For more information, visit the presentation centre located at 3 Fireside Gate, open Monday to Thursday from 2 to 8 p.m.; and weekends and holidays from noon to 5 p.m. Call 587.362.4036 or visit online at vantagefireside.com. Buyers can also take advantage of the pre-construction pricing by simply putting $1,000 down to secure their Vantage home!


MORTGAGE ADVICE // BY ALYSSA RICHARD

If you purchased a home in 2009, your mortgage is likely going to come up for renewal soon. If he hasn’t already done so, your lender will start popping early renewal notices into your mailbox – usually within the last 30 to 120

days of your current mortgage term. And while the renewal slip makes the process all too easy (you just sign the offer and send it back), it’s not in your best interest to accept this offer.

For starters, the lender who had the best mortgage rate for you before is almost never the same lender who will have the best mortgage rate for you at renewal time. It’s sad – if you’re someone who stays loyal to lenders, that is – but true. On those mortgage renewal slips you find in your mailbox, lenders offer an average of only 0.25 per cent off their posted rate – that’s nothing, in comparison to the rates you can find online or from mortgage brokers across Canada. Unfortunately, lenders market their renewals as being easy and convenient, which is something most consumers are attracted to. But how much would it hurt to later find out you could’ve gotten a full one per cent or more off your rate, if you’d taken the time to shop around and negotiate?

Besides just the mortgage rate, it’s also unlikely that your current lender will be the one to offer you the best mortgage product for your needs at renewal time. Think about it this way: your financial goals from when you took on your current mortgage term were likely much different than what they are today, right? You could be at a completely different stage in your life now. Well, the same can be said for your lender. It’s convenient to stay with your current lender, but the terms and conditions your existing lender offers may no longer suit your needs. Consider all your mortgage needs – the rate and prepayment options – and go with the lender who can offer everything you’re looking for.

One thing to keep in mind: if you don’t renew your mortgage with a new lender before the date your current mortgage term expires, your lender will automatically renew you for another term with them. A week isn’t enough time for most mortgage brokers to switch your mortgage from one provider to the next, so start shopping around early and make sure you find the best mortgage rate and terms for you.

AT MORTGAGE RENEWAL TIMEWhy you should

shop around

The lender who had the best mortgage rate for you before is almost never the same lender who will have the best mortgage rate for you at renewal time. It’s sad – if you’re someone who stays loyal to lenders, that is – but true.

Alyssa Richard is the founder and CEO of ratehub.ca,

a mortgage rate comparison site that aims to empower Canadians to make

smart financial decisions.


LIFESTYLE AND

VALUEWITHOUT

BOUNDARIES

$279,900STARTING AT

FIND OUT MORE AT VANTAGEFIRESIDE.COMOR CALL (587) 362-4036

3 FIRESIDE GATE, COCHRANE, AB

OWN YOURVANTAGETOWNHOME

$1000DOWN

FOR AS LITTLE AS

GRAND OPENING SATURDAY SEPTEMBER 20VANTAGE TOWNHOMES IN COCHRANE

PRE-CONSTRUCTIO

N PRICIN

G

Life shouldn’t be about

limits. The superior design of

Vantage Fireside townhomes

can accommodate every part

of your lifestyle. And starting

at $279,900 with as little as

$1,000 down means home

ownership is a reality.

INCLGST

N

FIRE

SIDE

BLV

D

FIRESIDE GATE

HW

Y 22

CO

WB

OY

TRA

IL

TO TRANS CANADA HIGHWAY 1

TO HIGHWAY 1A

Ask sales representative for details.


VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICEanytime, anywhere!

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Published by

OKOTOKSSHEEP RIVER

WESTLAND RD

WESTRIDGE DR

BIG ROCK TR

NO

RTH

RID

GE D

R

2A

2A7

CALG

ARY

SOU

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IDG

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AVAILABLE

Stunning Homes

65

780 Varsity Estates Dr NW Calgary, AB T3A 1W9Telephone: 403.286.8143 | www.grovesofvarsity.comCall today for your appointment

Perfect Location in Varsity

15 Minutes to Downtown

Steps Away from Dalhousie LRT Station

Concrete & Steel Construction

Private Penthouse Health Club

Underground Heated Parking

1, 2 & 3 Bedroom Suites Now Available

Final Phaseof CondosNOW SELLING!

2011 25 Years


Celebrating

2012


NORTHWEST

NOSEHILLPARK

16 AVENUEOLD BANFF COACH ROAD

16 AVENUE CENT

RE S

TREE

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EDM

ONT

ON

TRAI

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14 S

TREE

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85 S

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GLENMORE TRAIL

69 S

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ME MOR IAL DR IV E

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ANDERSON ROAD

SOUTHLAND DRIVE

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MacLEOD TRAIL


JAMES M

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RIVE

BLAC

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SHAWNESSYBLVD.

GLENMORERESERVOIR

CROWCHILD TRAIL

BEDDINGTON TRAIL NW

JOHN LAURIE BLVD.

SHAG

ANNA

PI TR

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STONEY TRAIL

COUNTRY HILLS BLVD.

DEER

FOOT T

RAIL

HARV

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ILLS

BLVD

NE

DEERFOOT TRAIL

64 Ave

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.

PANO

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AD N

W.

CENT

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TREE

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SYMONS VALLEY RD.COUNTRY HILLS BLVD.

NOSE

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DR.

14 UNIVERSITY CITY BY KNIGHTBRIDGE

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

17 BROWNSTONES BY GENESIS BUILDERS GROUP 16 Sage Meadows Circle NW

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

19 916 BY SABLE DEVELOPMENTS Sales Centre Now Open

21 LIDO BY BATTISTELLA Sales Centre 1120 Kensington Rd

22 AVIRA BY JAYMAN MODUS Coming Soon

NORTHWEST COMMUNITIES

16

01

15

14

0219

21

1810

06

1703

01 PANORAMA WEST BY CARDEL LIFESTYLES 175 Panatella Hill NW

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

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

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

06 TRINITY BY JAYMAN MODUS 9 Nolan Hill Blvd. NW

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

22

04


DATE:02 Sept 2014

Produced by

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

Fax: 403.287.9915

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

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

File Name VIR-12299 Condo Guide Sept18 v1.inddPublication Condo Guide Insertion September 18, 2014Client 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

BY TRICO COMMUNITIES

´́V is for

Vive I’independance!

BUILDING 2 JUST RELEASED!Visit our sales centre at 3503 Sage Hill Drive NW or viridiancondos.ca

Limited Time Introductory Pricing!From the low

$200’s*Plus GST. Renderings are artist’s concept only and may be subject to change. Pricing subject to change without notice. E.&.O.E.

All Units Include Standard FeaturesThat Aren’t Typically Standard:

• Stainless Steel Appliances• Granite Countertops • Parking Included• Laminate Flooring • In-Slab Heating • 9’ Ceil ings

The freedom to be yourself. To do your thing. Your way. The charmof modern urban l iving with a farmer’s market at your doorstep.Total independence from renting and paying someone else’s mortgage.

NEW CONDO GUIDEClient: MacDonald DevelopmentProject: Villas at WatermarkDimensions: 6.75” x 4.625”Insertion Date: October 2014CMYK

The Villa You Have Been Waiting For

Priority Registration Now Open VillasAtWatermark.com 403.474.5985

Community of the Year Calgary Region

2013


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

The Villas at Watermark is in its Final Phase. The limited collection of homes remaining in Calgary’s fastest-selling community are situated just 20 minutes from downtown. You’ll love the spacious walkout floorplans, exceptional views of the Rockies, and the freedom to lock up and go as you please. It’s the perfect home for luxurious, worry-free living.

Phase One - SOLD OUT Phase Two - SOLD OUT Phase Three - 75% SOLD

FINAL RELEASE NOW SELLING

NORTHWEST


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COPPER VS GOLDDecorating is all about choices! We show you how to

instantly update your space with key pieces that suit your preferred style.

// BY SARA DUCK


CONDO HUNTER’S CHECKLIST When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where!

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

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

midrise townhome highrise conversion

Sq. ft.:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

HOMEBUYERS’ HELP


HOMEBUYERS’ HELP

CONDO BUYERS’ RESOURCE SECTIONYOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

71

TOTAL PRE-TAX INCOME

MONTHLY PRE-TAX INCOME

SPOUSE’S PRE-TAX INCOME

AMOUNT OF MORTGAGE

(PRICE-DOWN PAYMENT)

DIVIDE BY THREE

AFFORDABLE MONTHLY PAYMENTS

DIVIDED BY 12

AMORTIZATION AMOUNT

CHART FIGURE

AMOUNT OF MORTGAGE

DIVIDED BY 1,000

AMORTIZATION AMOUNT

MONTHLY PAYMENTS

ESTIMATED MONTHLY 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

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

AMORTIZATION PERIODS

INTEREST RATES

5 YEARS

10 YEARS

15 YEARS

20 YEARS

25 YEARS

% CALCULATE YOUR MORTGAGE PAYMENTS

01Calculate the combined monthly before-tax income

of you and your spouse.

02Divide by three. This figure is the monthly payment you can

afford to make on your condo.

03Take 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.

04Refer 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.)

05Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06Add to this your estimated monthly heating costs and

monthly property taxes.

07If 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.

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

FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFY FOR A MORTGAGE ON YOUR DREAM CONDO

HOMEBUYERS’ HELP


COMPARE MORTGAGE RATES FOR YOUR BEST DEAL 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:

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.

ATB Financial 2.700 4.000 2.940 2.890 2.990 3.040 3.290Bank of Montreal (BMO) 3.000 4.000 3.140 3.040 3.850 4.390 4.990Bank of Nova Scotia 3.100 4.550 3.290 3.140 3.440 3.940 4.790Bridgewater Bank - - 4.800 4.700 5.250 - 5.250CIBC Mortgages 3.000 4.450 2.990 2.940 3.650 4.240 4.990Canadian Western Bank 3.200 4.000 3.140 3.040 3.750 4.390 4.990Canadian Western Trust 3.200 4.000 3.140 3.040 3.750 4.390 4.990First Calgary Financial - 4.000 2.890 2.890 3.190 3.390 3.290First National Financial 2.450 3.950 2.990 2.590 2.690 2.770 3.090Home Trust Company 2.500 3.950 2.890 2.890 2.790 2.940 2.990ICICI Bank Canada 3.050 - 3.150 3.650 3.640 3.690 3.890Investors Group Trust 3.000 4.200 3.140 3.140 3.750 4.640 4.990London Life 3.000 4.200 3.140 3.140 3.750 4.640 4.990Manulife Bank 2.700 4.450 3.000 3.050 3.100 3.140 3.190Manulife Trust - 4.450 3.000 3.050 3.100 3.140 3.190Meridian Credit Union 2.750 4.000 3.090 3.140 3.650 2.950 3.190National Bank 3.000 4.400 3.140 3.040 3.750 4.390 4.790Peace Hills Trust - 4.500 3.150 3.500 3.950 3.950 3.490President’s Choice Fin’l 3.000 6.190 3.190 2.940 3.590 4.040 4.440Royal Bank of Canada 3.000 3.140 3.140 3.040 3.750 4.540 4.940Servus Credit Union - 4.000 3.140 3.040 3.750 4.240 4.790T-D Mortgage 3.000 4.000 3.090 3.040 3.440 3.940 4.790Tangerine 3.000 - 3.190 3.240 3.490 3.690 3.790

Rates are subject to change without notice.


INDEX OF ADVERTISERS READ MORE ABOUT OUR ADVERTISERS!

Alex Assured Communities 51

Arrive at Redstone Partners Developments 57

Auburn Walk Cardel Lifestyles 3

Avenue Grosvenor 55

Bridgeland Crossing Gablecraft Homes 43

Bridgeland Hill Gablecraft Homes 4

Bristol Birchwood Properties 14, 16-17

Champagne Remington Development Corp. 2

Copperfield Park III Brad Remington Homes 1,11-13, 72

Creekside Village Carlisle Group 36-37

Edison Avi Urban 20-21

Emerald Sky Carlisle Group 36-37

Evolution Embassy Bosa 6

The Gates Remington Development Corp. 18

Groves of Varsity Statesman 66

The Guardian Hon Towers ltd. 33-35

Harvest Mosaic Brookfield Residential 23

Heartland Townhomes Excel Homes 59

Hunter House Streetside Developments 24, 27

Juno Avi Urban 29

Kensington Bucci Developments 30

Landmark Landmark Homes 58

LIDO Battistella 49

LiFTT Vericon 45

Mosaic Mirage Brookfield Residential 23

Mosaic Riverstone Brookfield Residential 23

Muskoka Brookfield Residential 23

Orchard Brad Lamb Developments 39

Park Point Qualex Landmark 53

The Range Birchwood Properties 14

Riverfront Pointe Carlisle Group 36-37

Sage Place Cardel Lifestyles 3

Smith Grosvenor 7

SoBow M2i Developments 41

Streettowns Homes by Avi 19

V & V Providence Developments 47

Veridian Trico Homes 68

Villas Watermark 68

Waterfront Parkside Anthem Developments 5

Willow Avi Urban 75

Zen Avalon Master Builder 65

Jayman Group of Companies PULLOUT INSERT

AviraEbonyOverture

The RiseTrinity


www.copperfieldpark.com

CONDOS FROM THE $140’s

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

MAP

IT!

*plus GST. Includes titled parking stall

TO THE $200’s*

Calgary New Condo Guide - Sept 19, 2014

Documents

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condo fees

condo boardbuilding

evolution evolution

condo floorplans backs

changessupply new proof

cranston place preselling

prices subject