Realty Executives North Star

Chris Reid

Call/Text 780-717-5267


2008 124 STREET SW, Edmonton, AB T6W 0A1

This amazing 2 storey is located in a quiet cut de sac, with a large private pie shape lot backing onto a WALKING TRAIL! Upgrades include AIR CONDITIONING, HUNTER DOUGLAS blinds & a GAS STOVE. The kitchen offers ceramic tile flooring, raised eating bar, corner pantry, tiled back splash & is open to the sunny dinette & living room. Laundry is conveniently located on the main level. Upstairs you will find a bonus room with vaulted ceilings, 3 bedrooms & a 4pc bathroom. The master bedroom has double doors, a walk in closet & an ensuite with make-up vanity, corner soaker tub, & separate shower. Professionally finished, the basement has a large rec room and a 4th bedroom. The west facing backyard features a huge deck perfect for entertaining, a fire pit & trees offering lots of privacy. Walking distance to Johnny Bright K-9 this is a perfect family home in Rutherford! Click here to see a video tour
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Realty Executives North Star Mortgage (R.E.N.S. Mortgage)

All R.E.N.S. Clients get preferred rates and appraisal fee costs. What this means is that you get the best mortgage deal possible!  Mortgages are available from CIBC, TD Canada Trust., and 40 other lenders!

Selection of Products:

  • Self employed program
  • 35 year amortization
  • Home equity line of credit (HELOC)
  • $0 down (borrowed downpayment)
  • Cash back
  • Investor programs
  • 1st Time home buyer program
  • Builder construction mortgages
  • Best Interest Rates Available

Let's get started finding your new home!

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As I was out and about showing new homes this weekend, it came to mind that purchasers are not always aware that new construction homes come with a warranty in Alberta. 

The New Home Buyer Protection Act came into effect on February 1, 2014, requiring builders to provide home warranty coverage for all new homes. All new homes include a minimum warranty for:

  • One year labour and materials;
  • Two years for defects in labour and materials related to delivery and distribution systems;
  • Five years building envelope protection, with a requirement for the warranty provider to offer the consumer the option to purchase additional years of coverage; and,
  • 10 years coverage for major structural components

Click here for a short video explaining the AB New Home Warranty. 

The warranty is transferable to new owners if you should decide to sell prior to the warranty expiring. If you are considering building or buying a new home contact me.

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Exciting news for Edmontonian investors!  You can now apply for permits to build secondary suites in homes on narrow lots, semi-detached, duplex and row houses. Zoning Bylaw changes were passed by Edmonton City Council to allow secondary suites into these home styles on August 20, 2018 and are effective immediately. The Edmonton has also launched an online database where tenants can check to see if a suite has the proper permits in place prior to renting.

Not only does this expansion for secondary suite opportunities help provide all neighbourhoods in Edmonton these suites can also contribute to more affordable housing options. Homeowners can benefit with the help of rental income which acts as a mortgage helper.

Homeowners with existing, unpermitted suites can now apply for permits and become regulated. The City has offered an incentive for homeowners with unpermitted suites to come forward by waiving the application penalty fees if they voluntarily apply for permits before September 1, 2019. Homeowners with existing suites built before 2007 may also benefit from decreased retrofit costs if they obtain permits prior to changes to Provincial Fire and Safety Code regulations anticipated later this year.

Edmonton is offering grant funding to help homeowners cover construction costs. The funding can cover up to 50 percent of the cost of building a new suite, or upgrading an existing one, to a maximum of $20,000.

Interested in finding a home with the potential for a secondary suite? Contact me

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.