Genstar Press Release |
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DECEMBER 2011 You’re ready to buy your new home and are factoring in the costs of home ownership: mortgage, insurance, utilities and maintenance. But what if you were able to have your house double as an income property? The City of Calgary has made the idea adding a secondary suite more attractive with city grants of $25,000! Genstar’s Walden community in southeast Calgary has 17 homesites specifically designed by Excel Homes to include a lower level accessory suite with separate parking, separate entrance and patio, their own furnace and heat recovery system, electrical panel, humidifier and water tank. Walden has two options secondary suite floor plans:
Whether you are considering letting out your secondary suite to family, friends or putting an ad up on Craigslist, Calgary’s $25,000 grant to build secondary suites takes some of the bite out of construction costs. For more information about Calgary’s secondary suite grant program visit the City of Calgary’s web site). Walden is a master-planned community featuring condominiums, town-homes, semi-detached and single family homes, some of which include a secondary income suite, which are all united by distinctively original fusion architecture. With a retail centre set to open later this year, the community's plans also include an amenity rich village centre, Charter school and recreational facility. For more information about the community, visit the Walden community page. Genstar Development Corporation has been developing mater planned communities for over 50 years across North America. Genstar has created some of the most desirable residential communities in several Canadian cities including Vancouver, Edmonton, Calgary, Winnipeg and Toronto. For more information, please contact: About Genstar Development Company: Genstar is a development company specializing in residential and commercial real estate in Vancouver, Calgary, Edmonton, Winnipeg and Toronto. The company acquires large tracts of raw land and pioneers communities that offer innovative amenities, lasting value, community, pride and a significant enhancement in homebuyers' quality of life. Genstar unveiled its first "master planned community" in the 1950s. In the ensuing years the company's projects have grown in scope and Genstar has transformed tens of thousands of acres into some of the most desirable residential communities across North America. For more information or to schedule an interview, please call (403) 256-4000 or visit our contact us page. |
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