Bridgeland Market shines while other corner stores are going the way of the dodo

Fresh-baked cookies, cheese from around the world and pints of organic ice cream are just a few of the treats visitors will find at Bridgeland Market, one of a vanishing breed of family-run corner stores slowly fading from the Calgary landscape.

Run by the Traya family, which also operates Tazza Deli & Grill across the street, Bridgeland Market, like Lukes Drug Mart a few blocks away, has actually grown with the times to become a community mainstay.

First-time homebuyers turning to mom, dad for financial assistance

More young Canadians are turning to their parents to help find financing when purchasing their first home.

According to BMO's 2015 Home Buying Report, 42 per cent of first-time buyers are expecting their parents or relatives to help pay for their first home. Up 12 per cent from
last year, the number shows Canadians needing a helping hand to enter the market is on the rise.

Understanding the importance of pre-listing inspections

Dear Home Inspector:

We just sold our house, but we are not happy. We had agreed upon a certain purchase price, but the offer was conditional on a home inspection, which the buyer arranged.

The inspection revealed a number of maintenance items that came as a complete

surprise to my wife and I, which then triggered a request from the buyer to reduce the purchase price further. We had no time to look into the actual cost of the repairs and were instantly back negotiating.

Cochrane is a town on the move, with new amenities such as The Quarry development and construction of a new aquatic and curling centre. Providing diverse options for recreation is important to the town and its residents, said Mayor Ivan Brooker, who recently sat down with CREB®Now to talk about everything from new projects to why the kitchen is his favourite room in the house.

CN: How do homeowners stand to benefit from recent infrastructure announcements such as the new school in Sunset Ridge and new pool?

IB: Amenities such as our new pool and curling centre greatly enhance our resident's quality of life. Providing diverse options for recreation is very important to the Town of Cochrane.

Builder focuses on the extra flavours*

When Lisa Kaiser goes to suppliers seeking quality products for Genesis homes, she doesn't want the "vanilla ice cream" flavour they are offering every other builder.

"When everyone is buying vanilla ice cream, you get a lot of vanilla ice cream," said the company's project manager interior design. "I ask them to give us the new flavours."

It is one way of explaining Genesis Builders Group's focus on ensuring its new suburban homes don't fall under the stereotype of being bland when compared to its inner-city counterparts.

Borrowing under three per cent has benefits*

Now may be a better time than ever to refinance your home.

With five-year fixed rates as low as 2.59 per cent and variable rates at 2.15 per cent, anyone with a current mortgage rate over three per cent could potentially benefit from a refinance, and should be having a conversation with a mortgage professional.

Wait and see for better rates*

Early mortgage renewal notices may seem sincere, but they often have less to do with saving homeowners money and more to do with banks heading off their competition.

In fact, convincing mortgage holders to renew early is not a new tactic. Yet banks are using it more frequently today given the competitive market.

The process is simple yet deceiving. A bank representative will contact the mortgage holder with a special limited-time renewal offer to protect them from rate increases.

Still plenty of activity coming to Calgary's commercial sector

Dueling industry reports are challenging expectations of how active Calgary's commercial market will be this year in wake of ongoing energy sector uncertainty.

Commercial real estate firm Cushman & Wakefield indicated in a recent study that Calgary's development cycle has "come to an end." It noted in the first quarter, the downtown office market alone experienced negative absorption of 1.2 million square feet, the largest quarterly decline in the city's history.

Calgary corner store a staple to Bridgeland community, more

Community Cornerstones series: A look at Calgary and area's rich history of both new and old corner stores.

Little did Jim Lukes know when he opened a drug mart on the corner of First Avenue and Fourth Street N.E. in Bridgeland, it would grow to span three generations and change with the community around it.

"The store was started in 1951 by my grandfather Jim Lukes. My dad (Bob) took over in about 1985 and I've been running it probably about six or seven years," said Gareth Lukes, calling from Vancouver where Lukes has just opened its fourth location (the other two are in Killarney and Renfrew).

Decreases to Alberta's education budget causing further concern for Calgary parents

Candice Collins is no stranger to long commutes. Growing up in the northeast community of Rundle, she had to navigate the city's public transit system for hours each day to attend William Abrehart High School in city's northwest, her designated French-immersion school.

Now in her 30s, Collins is worried her five-year-old son may face the same fate in getting to school.
"[I'm concerned] he's going to wind up with a super long commute. Because in order to find the programs and the atmosphere that I want, we might have to move around," she said.

"I have quite a few people who have told me they have to take their kid great distances every day. Maybe their elementary school is close, but then their junior high isn't close and their high school might be even farther."