RSS

BEST APARTMENTS IN OKOTOKS

Housing prices in Okotoks are crazy and the rental market is nuts! If you’re looking for a place to live you might want to consider purchasing an apartment. Prices are typically lower than any other type of housing so the down payment and mortgage approval could be more achievable. Now yes there are pros and cons to living in an apartment: Pros you don’t have to look after the exterior and cons you don’t have exterior space such as a yard and there may be limitations on pets.

Here are some of the options available for apartment living in Okotoks and which ones have age or pet restrictions. If you’re in the 50+ age range, here is a list of age restricted places to live. If you are thinking about renting, your landlord may have further limitations to pets regardless of what’s in the Condo ByLaws and rules.

Table of Contents

1. Crystal Shores and North Okotoks

2. Downtown Okotoks

3. Calvanna Village

4. Cimarron Commons

Crystal Shores and North Okotoks

Two bedroom, two bathroom apartment in Okotoks

Crystal Shores

On the north end of town, in the lake community of Crystal Shores, at 92 Crystal Shores Road and 32 St, we have the Mesa. This is an incredibly well run building and a very involved Condo Board. This complex attracts a lot of older people that have chosen to down size and enjoy the lock and leave lifestyle. Often they’ll take off and go south for the winter. There is no need to worry about cutting grass or snow removal and most units have underground parking. There are 1-bedroom, 2-bedroom and larger corner units. There are four, four-storey buildings and an amenity building. The amenity building has a gathering space, pool tables, a little gym room and a hot tub (open during the winter). Community is very important at the Mesa and there are regular get togethers for the residents. The disadvantage, or perhaps for some, the advantage of the Mesa is it doesn’t allow dogs. Pets in the Mesa are limited to 1 cat , up to 2 caged birds or fish. So if you have a dog you might want to head over to the Penncross at 1 Crystal Green Lane . The Penncross is a four-story building that has a beautiful courtyard, underground parking and a really nice gym. It does allow small dogs and you should always make sure your dog has approval before you purchase.

North Okotoks

There are a few other smaller buildings on the north end. There is an older complex (1977) called Tower Hill at 280 Banister Dr near Good Shepherd School. Even though it is close to an elementary school, it is an adult only building (21+). It is a 3 storey building and it doesn’t have underground parking or elevators. Another disadvantage is the lack of insuite laundry (although the occasional unit has been retrofitted). Dogs, spiders, snakes, reptiles, livestock or fowl are not allowed in this building. The other larger building is located on Veterans Way called Heritage Heights. This is an adult only building (45+) that has an interesting combination of single floor units on the first and second floors and lofted third floor units. The loft is accessible via a spiral staircase inside the 3rd floor units or from the common area hallway on the 4th floor. The movers will be thankful for this design detail. It has elevators, underground parking and a common space where residents can get together. This building also doesn’t allow pets.

Downtown Okotoks

In downtown Okotoks there’s a variety of apartment complexes. Some of them are mixed use where there’s a business on the main floor and people living above. There are a couple of smaller buildings on Lineham and Poplar that are quiet with 15 Lineham Ave catering to the 45+ crowd. The larger complex on North Railway appears to have a lot of units for rent.

Calvanna Village

Calvanna Village is at 200 Community Way, close to where the old Safeway was located. This complex consists of 3 4-storey buildings with elevators and underground parking. There are one bedroom and 2 bedroom units as well as large corner units. It is an adult only building (55 plus), has a community room for gatherings, and doesn’t allow pets other than birds or fish and you will need board approval.

Cimarron Commons

Cimarron Common a point of view apartment complex in Okotoks

The last complex I want to talk about is the one at 12 Cimarron Common. This complex consists of two buildings and only one (Building 2000) has title underground parking! The biggest advantage of this one is that it is within walking distance of the shopping mall where the Canadian Tire, Sobeys and Walmart are located. And it’s right across the street from urgent care! If you happen to work in one of these 2 locations and you’d rather walk than drive then this is a fantastic place to live. This building is pet friendly (with approval) and there are a lot of young families living here.

There is a new complex being built on Northridge Dr in the community of Wedderburn called Lawrie Park. The next building will be available for occupancy Spring 2026. It is a dog friendly complex. 

Something else to keep in mind when it comes to affordability, depending on the complex, in addition to your condo fees, you may have to pay heat, electricity and cable/internet.

Read

Possession Day- When will I receive my money?

The timing of when you receive your money after a real estate sale closes can vary based on several factors, including the terms of the sale, the processes of the involved parties, and any potential delays.

Here’s a general outline of what you can expect:

1. Closing Date: The closing date  (also known as the possession date) is the day when all the necessary paperwork is signed, funds are transferred, and ownership of the property is officially transferred to the buyer. This is the earliest  you can expect to receive your money.

2. Distribution of Funds: The funds from the sale are typically distributed among various parties. First, any outstanding mortgage balance is paid off. If the mortgage company hasn’t sent the lawyer a final payout statement, there will be delays! Then, other fees and expenses related to the sale are deducted, such as real estate brokerage fee, legal costs, and any other agreed-upon expenses. The remaining amount is the net proceeds from the sale, and this is the amount that you will receive.

3. Method of Payment: The method of payment can also impact the timing. Most commonly, the funds are deposited directly into your bank account. This deposit is not instantaneous even if done electronically and it may in fact take one or two business days. Some transactions might involve a physical check, which you may need to pick up from your lawyer.  Regardless of the source of funds and method of payment, your bank may still put a hold on the funds.

4. Possible Delays: While most real estate transactions go smoothly, there can be unexpected delays. These delays might be related to issues with the buyer’s financing, unexpected hold-backs due to non-compliant RPRs, or other unforeseen circumstances. It’s a good idea to work closely with your real estate agent and the professionals handling the transaction to ensure a smooth process.

5. Local Practices: The timing of fund disbursement can also vary depending on local practices and regulations. Different regions might have different customary practices when it comes to disbursing funds after a real estate sale.

To get a more accurate estimate of when you’ll receive your money after your real estate sale closes, it’s best to consult with the professionals involved in your transaction, especially your lawyer. They will be able to provide you with specific information based on the details of your sale.

Read

Is Condo Living Right For You?

As single family home prices continue to increase, condominiums such as apartments and townhouses are becoming the choice of many first time home owners but is condo living right for you?. 

Condo living isn’t for everyone.  Some people prefer the privacy of a single family home, need the extra space and aren’t crazy about sharing a common area with their neighbours.  It comes down to deciding what works for you.

If you are on the fence, there are four important advantages to consider:

You don’t need to think twice about leaving town. 

If you travel often, condo living is a great option.  There is no need to worry about who will collect the mail or mow the lawn.  Seniors, in particular, can head down south when the winter strikes without worrying about who will maintain their home while they are away.

Your ideal location is probably within your budget. 

Do you love living near shops and restaurants?  Finding a single family home in a highly sought after neighbourhood is tough for first-time buyers, but condo developments often offer the next best thing.  Developers generally choose areas that are close to transit with easy access to highways and recreation.

You don’t need to worry about costly exterior maintenance.

 Replacing a driveway or roof is a significant cost associated with home ownership.  Condo fees vary by development, but in most cases, they cover all exterior maintenance.  A well-managed condo association will make sure the building is properly cared for.

You get to enjoy the social aspect of condo living.

 Living alone doesn’t have to feel lonely, when you are surrounding by like-minded people.  Certain complexes are ideal for social young professionals, while other buildings cater more towards retiree. The best way to see if condo living is right for you is to go see a few properties for yourself.  An online listing will show you a home’s best features, but seeing a few condos in person will really give you an idea of what the experience is like.

For more information about purchasing a condominium, check out this useful guide by CMHC

Read

The Environmental Impact of Lawns: Rethinking our Green Spaces

I’m sure our neighbours were so happy when the for sale sign went up on our “lawn” in Calgary. We weren’t good lawn people. If you didn’t water and fertilize your lawn, you didn’t need to cut it. Simple! Our neighbour’s lawns grew so well that they had to cut it twice per week and at different angles.

The traditional suburban lawn has long been a symbol of beauty and status. However, as we become more aware of the environmental challenges we face, it’s crucial to reevaluate the impact of our choices on the planet. Surprisingly, lawns, which seem harmless at first glance, can have a significant environmental footprint. In this blog post, we will delve into the reasons why lawns are not environmentally friendly and explore alternative solutions for our outdoor spaces.

1. Water Consumption

Lawns require vast amounts of water to maintain their lush appearance. In many regions, watering lawns contributes to excessive water consumption, especially during dry seasons or in areas prone to drought. In Okotoks, there are restrictions and schedules that you need to be aware of. This high demand for water depletes local water supplies, stressing ecosystems and creating water scarcity issues. Considering that water is a finite resource, it’s important to question whether maintaining a lawn is the best use of this precious commodity.

2. Chemical Dependency

The quest for perfect lawns often leads to a heavy reliance on pesticides, herbicides, and synthetic fertilizers. These chemicals can have adverse effects on both human health and the environment. Pesticides and herbicides can contaminate water bodies, harming aquatic life and disrupting fragile ecosystems. Synthetic fertilizers contribute to nutrient runoff, which can lead to harmful algal blooms in lakes and coastal areas. Additionally, the overuse of chemicals can degrade soil quality over time, making it less fertile and reducing its ability to support diverse plant life.

3. Energy Consumption

Maintaining a manicured lawn requires a significant amount of energy. Lawnmowers, leaf blowers, and other equipment rely on fossil fuels and emit greenhouse gases that contribute to climate change. The collective impact of millions of lawns being maintained with gas-powered equipment should not be underestimated. Transitioning to more sustainable landscape maintenance practices, such as using electric or manual tools, can help reduce carbon emissions and mitigate climate change. There’s also the beer to think about if one has a ride on mower. One needs an entire extra fridge for that!

4. Loss of Biodiversity

Lawns typically consist of a single type of grass, providing a uniform and monotonous landscape. This uniformity eliminates habitats for native plants, insects, and wildlife that are crucial for biodiversity. By replacing diverse natural ecosystems with manicured lawns, we disrupt the delicate balance of local ecosystems, reducing the availability of food and shelter for a variety of species. Embracing native plants and creating natural, wildlife-friendly habitats in our outdoor spaces can help restore biodiversity and support local ecosystems.

5. Opportunity Cost

The large expanse of lawns often means missed opportunities for other land uses that could be more environmentally beneficial. Transforming lawns into productive vegetable gardens, native plant habitats, or even rewilded areas can provide multiple benefits. Vegetable gardens promote local food production, reduce food transportation emissions, and encourage sustainable consumption. Native plant gardens attract pollinators, improve soil health, and enhance local biodiversity. By reimagining our outdoor spaces, we can contribute to a more sustainable and resilient future.

Maybe we were on to something… although I’m pretty sure the weed killer would have come out if planted anything other than grass seed.

Read

Why there should be a minimum of 2 weeks between Condition day and Possession day

Let’s talk about timing and why you should have at least 2 weeks between condition day and possession day. Trust me when I say that having a comfortable two-week gap between these two milestones is an absolute game-changer. Let me break it down for you.

First things first, what exactly do we mean by “condition removal” and “possession”? Well, condition removal is the point in the transaction when all the  conditions outlined in the purchase agreement are met and satisfied. It’s like crossing the finish line – you’re almost there! On the other hand, possession is the magical moment when you officially take ownership of your new property. It’s the key to your dream home being handed over to you, and it’s oh-so-exciting.

Now, here’s why having a two-week gap between condition removal and possession is a stroke of genius. It gives you the breathing room you need to tie up any loose ends, make necessary arrangements, and ensure a smooth transition into your new abode. Let’s break it down further:

1. Time for due diligence: Before you close the deal, you want to make sure that everything is in order. Having those extra two weeks will allow you to conduct a final walkthrough, check for any unexpected issues, and ensure that the property is exactly as it should be before you make it your own.

2. Finalizing finances: The two-week gap provides an excellent opportunity to finalize all financial matters. You can ensure that your down payment and closing costs (check with your lawyer regarding the final fund amount you need before running to the bank to get that final bank draft), coordinate with your lender, and take care of any outstanding paperwork. This way, you can avoid last-minute stress and enjoy a seamless transition into your new home.

3. Scheduling logistics: Moving is no small feat, my friends. It requires planning, coordination, and a touch of strategic genius. Having at least two weeks between condition removal and possession not only gives your lawyer time to gather the documentation for your file and find a convenient time to meet with you, but it also allows you to line up your moving trucks, cleaners, and schedule utility installations. BTW, best practice is to arrange these for mid to late afternoon on possession day. 

4. Contingency cushion: Life happens, vacations happen and sometimes unexpected circumstances can arise. Having at least a two-week buffer between condition removal and possession gives you a safety net. If any surprises pop up, such as last minute document requirements from the lender, you’ll have the flexibility to address them without feeling rushed or pressured.

So, my friends, there you have it – a solid argument for why having at least a  two-week gap between condition removal and possession is a no-brainer. It’s the secret ingredient that ensures a stress-free and seamless transition into your new home. Remember, timing is everything in real estate, and this strategic move will undoubtedly give you the upper hand.

As always, if you have any questions or need guidance through your real estate journey, don’t hesitate to reach out. I’m here to help you ace this game and make your dreams a reality.

Read
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.