Real Estate Blog

Edmonton’s newest addition to the skyline in the community of Downtown Edmonton is the ambitious 27 storey, 143 suite luxury building featuring townhouses, condos and penthouse suites.

With record-breaking unit sales over $2.6 million, the new building is already making itself known well before completion. In fact, over 55% of the 138 available units have been sold, including 3 suites that went for more than $2 million each, and approximately 6 that sold for $1 million or more.

The project’s developer, Allen Wasnea told the Edmonton Journal that “The location is the highlight.” Wasnea went on to say that “we are facing what I consider to be the finest landscape in the province. A lot of people are able and happy to pay for the view. God is not

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As real estate acquisition becomes more challenging and rents increase, a recent survey conducted by Pricewaterhouse Coopers (PwC) and the Urban Land Institute has named Calgary and Edmonton, respectively, among the top locations for real estate investment. The survey places Edmonton and Calgary above Toronto and Vancouver, which previously held the top spots.

In fact, in North America in general, Canada may be the stand out winner in this regard. PwC Canada’s real estate leader, Lori-Ann Beausoleil, said, “The Canadian real estate community understands real estate fundamentals and knows how to react to fluctuations in monetary policy and capital markets. Canada’s real estate industry continues to operate well despite uncertainties in domestic and

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The purchase of a 140 million pound ($259 million) 16,000 square foot unfurnished penthouse at the One Hyde Park apartment block by an unnamed buyer has made waves throughout the London real estate market. Developer CPC Group says the penthouse, when fully furnished may be worth up to 175 million pounds. The record setting transaction has some experts warning that the trend of rising prices may not be sustainable.

Some wonder if there is a risk of a real estate bubble coming to London with such sales and rising prices.

Development manager and interior designer of One Hyde Park is Nick Candy of Candy & Candy. He has said, “We’re in boom-time prices, more expensive than we’ve ever been in the history of mankind.” He went on to explain that the high

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The arena district downtown is getting a new addition near Rogers Place. It was announced last week that a new theatre complex, built by Cineplex Entertainment, is expected to open some time in 2018. It will be built on the current site of the Greyhound bus depot.

The location will be on 103 Street and will be next to other newly planned buildings. While the details have not yet been released on the other buildings Glen Scott, Senior Vice President of Katz Group, said that one of the new buildings will be tall and will include large retailers.

In addition, a large apartment complex will be built in the area. More details on the other buildings will be released in the next few months.

The theatre complex will feature a lounge, two premium UltraAVX

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Edmonton – Shannon White and Adrien Desaulniers were recently married in September. They obviously had high hopes to build a house together in Old Strathcona, but their hope, as well as their house, were a bit too high, evidently.

According to the Edmonton Journal, the newlyweds have been told that the new infill construction at 9805 83rd Avenue has been built too tall and without a permit, therefore ordered to be torn down. The roof of the house is over a metre above what the maximum allowed height is for the neighborhood rules. Not only is the roof not to code, but the first floor is 2.45 metres above grade as well.

The couple’s lawyer, Shawn Johanson, stated that because of the shallow sewer connection, the home had to be built higher, which is

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Enroute Magazine has recently named three restaurants in Edmonton as among the 2014 nominees for the esteemed Canada’s Best New Restaurants Award. The list is comprised of 30 restaurants across Canada that opened between June 2013 and June 2014 and includes Woodwork, RGE RD, and North 53 of Edmonton.

Enroute Magazine is also offering up a 'People's Choice' award. You're encouraged to vote for your favourite restaurant, cafe, or eatery among the nominees on the list. You can also enter into a contest that could let you win a trip to Toronto for the Top Ten Gala in November. To vote for your pick or for more information on the contest, visit

Edmonton is full of great places to eat and drink, no matter what you're looking for, you're

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Everyone has been there... The tangles, the strands that are too short, the burned out bulbs. Hanging holiday lights can be a difficult process without the right perspective. It's recommended, if possible, that you get someone to give you a hand when hanging your lights. Not only will this make the job more safe but it will also make the project more efficient. But, whether you have someone to help you or you're flying solo, with the simple ideas presented here, you ought to be hanging and displaying your lights and decorations in less time and with more efficiency than ever before.

Preparing Your Lights

Preparation is key when it comes to hanging holiday lights like a pro. First, check the lights you already own to ensure that they are in good

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Edmonton, as well as the Capital Region surrounding the city, has recently been named by the Canadian Federation of Independent Businesses as one of the best places to be an entrepreneur in Canada. In a survey called Cities in Boom in the Financial Post the CFIB reported that, unlike some of the other larger Canadian cities which rank lower when compared to the area surrounding them, Edmonton and the area surrounding it rank much higher.

Entrepreneurs like Louise Dirks enjoy the benefits of Edmonton's high ranking on the CFIB's survey. Louise Dirks is the founder of Gravity Pope, a unique boutique that sells shoes, clothing, and accessories for men, women, and children founded in 1990.

Louise Dirks must travel extensively for her business, to places

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When Dawn and Jeremiah Leder married in 2013, they had two choices when it came time to design a new home for themselves and Dawn's three daughters. They could either move to a new neighbourhood and build one from the ground up or they could stay in Dawn's neighbourhood of McQueen and renovate a 1954 semi-bungalow. They chose the latter and the results are a testament to the fact that they made the right decision.

Before deciding on staying in McQueen, the couple had considered other neighbourhoods; they wanted the perfect fit for the new family. The community, however, was very close to the girls' school. “The Queen”, as it was affectionately called, was also in a great location when it came to amenities. Plus, the friendliness of the people that

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With the beginning of construction in March of 2014 of Rogers Place, Edmonton is enjoying the largest surge in real estate development in its history. The arena, valued at $480 million, had been in development since 2011 but finally received approval for funding as of February 2014. Rogers Place will replace Rexall Place as the home for the Oilers and is expected to open before the beginning of the 2016 – 2017 NHL season.

The arena had trouble getting funding for several years, which delayed development and construction. Funding was finally approved, with roughly half coming from the Community Revitalization Levy, government sources, and the Edmonton Arena Corporation. The rest has come from the arena's projected revenue.

Daryl Katz, owner of the

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