Home Buying Blogs – Edmonton

When buying a home in Canada, understanding mortgage insurance is essential. This insurance isn't just a formality; it protects lenders if you default on your loan. With premiums varying based on your loan-to-value ratio, knowing the specifics can impact your financial planning. So, what are the requirements, and is it always mandatory? Let's explore the key aspects of mortgage insurance that buyers should know before making this financial commitment.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

5 Things to Know About Mortgage Insurance

• Mortgage insurance protects lenders if homeowners default on payments and is mandatory for down

Edmonton is the capital of Alberta and the province's second-largest city. It's also home to some of the richest neighbourhoods in Western Canada. While average home prices in Edmonton are more affordable than in Calgary and many other major Canadian cities, the luxury neighbourhoods clustered along the North Saskatchewan River and beyond can carry hefty price tags.

Edmonton is a cultural and economic hub, hosting many festivals and events annually. The city's cultural appeal, paired with the many businesses that call Alberta home, makes it a popular place to live. For potential homebuyers in the luxury real estate market who are considering moving to Edmonton, the city's most expensive neighbourhoods can be tough to choose from, but after exploring

Exploring the best neighbourhoods in Edmonton, Alberta, can help you find the perfect place to call home in this vibrant city. Edmonton offers a variety of neighbourhoods, each with unique features and amenities. From Old Strathcona's historic charm to Windermere's modern conveniences, there's something for everyone. Other notable areas include Glenora, known for its beautiful homes and tree-lined streets, and downtown Edmonton, offering an urban lifestyle with proximity to shops, restaurants, and entertainment. 

Whether you’re a resident looking to relocate or a prospective resident considering moving to Edmonton, exploring some of the city’s best neighbourhoods can help you find your ideal community.

List: Best Neighbourhoods in Edmonton

When diving into the real estate market, it's essential to understand the different types of properties available. Condominiums, lofts, and apartments are three popular property styles with a lot of similarities, but not everyone knows the nuances that differentiate them. Each property type offers distinct characteristics, benefits, and drawbacks. Recognizing the differences can provide clarity and direction, enabling buyers, renters, and investors to make informed real estate decisions that align with their needs and financial goals.

What Is a Condo?

A condo, short for condominium, is a single unit within a larger community. These individual units can exist in various forms, such as high-rise buildings, multi-family homes, or even fully detached

Are you dreaming of owning a home in Edmonton, Alberta? Before taking the plunge and buying a condo, it's important to know that there are several points to consider. From amenities and location to fees and maintenance costs associated with Edmonton condos, ensure you have all the information before signing on the dotted line.

What are the Amenities Like?

When buying a condo in Edmonton, it's important to consider the amenities available and which ones are most important for you. 

Amenities can make a big difference in the quality of your living experience and the value of your property, and they’re a major part of Edmonton’s best condos. You should expect basic features such as heating and air conditioning, but also there may be additional

In the heart of Edmonton's vibrant urban landscape lies a treasure trove of contemporary living spaces: the city's finest lofts. These unique dwellings seamlessly blend historical charm with modern design, creating an unparalleled fusion of style and functionality throughout Edmonton’s best neighbourhoods. Offering an exclusive glimpse into the city’s architectural evolution, this article delves into the captivating realm of the lofts in Edmonton condos, presenting a curated selection of the most remarkable options available.

New Cambridge Lofts

Located in Downtown Edmonton, close to Edmonton’s public transportation and many amenities, New Cambridge Lofts offers single-level and multi-level units. 

This 18-storey building on Jasper Avenue

Are you ready to get started in real estate investing? If you’re considering a multi-family home as an investment property, you’re confronted with the intriguing possibility of living in a part of your investment while renting out the rest of it. 

Imagine the convenience of being just steps away from your tenants, always available to address their concerns or collect rent. And don’t forget about the financial benefits—renting out the other units can help cover your mortgage and generate a steady income stream. 

Before you jump headfirst into this exciting venture, there are some downsides to consider. This guide will explore the pros and cons of living in your multi-family home so that you can make an informed decision and determine if it's truly

Are you ready to dive into the world of real estate investing? From duplexes to quadplexes, each multi-family home option presents opportunities for passive income and investment appreciation. The number of units directly impacts your potential rental income, and before worrying about all the things landlords need to know before renting a home, you need to invest in the right property. This article explores the differences between duplexes, triplexes, and quadplexes before delving into how to navigate purchasing properties with five-plus units. 

Duplex vs. Triplex vs. Quadplex

When choosing between duplexes, triplexes, and quadplexes for multi-family rental homes, there are several vital points to consider. Duplexes and triplexes are

Are you trying to decide between buying a condo or a house? There are many great reasons to invest in condos for sale. They usually have less exterior maintenance and include access to an array of shared amenities within the community. Pools, spas, fitness centres, sporting courts, and clubhouses are common shared-used spaces amid condo neighbourhoods.

These low-maintenance perks and communal amenities are made available by the condo ownership rights that dictate the differences between the homeowner's property and the condo association's property. So what do you actually own when you buy a condo? This article provides an easy-to-follow framework for distinguishing your rights and responsibilities as a condo owner.

Condominium vs. Apartment:

Designing a condo is much like designing any other space. People get to let their creativity and style show through. Condos tend to be smaller than other home types, meaning owners may need more care in designing and decorating the space. The good news is several options are available to make their condo feel unique while preserving the function of each room. With these tips, condo owners will have a few ideas they can use to make a great condo design.

Condo Storage Ideas

Small spaces tend to have less storage, but condo owners can get creative to expand it. Many pieces of furniture can fill more than one purpose. For example, someone with a small bedroom may purchase a chest bed with built-in drawers underneath. Similarly, there are many options