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Phase 2 of The Meadows of Laurel is now sold out!
The Meadows of Laurel is a connected, sustainable community that offers nearby amenities, natural green space, and convenient access to the rest of the City.
City of Edmonton lots in Meadows of Laurel Phases 1 and 2 were sold to the following CHBA/Built Green qualified builders. Public lot buyers may contact any of them for further information.
Canadian Home Builders Association and Built Green Qualified Builders
Are you interested in buying? To be a part of this exciting development, familiarize yourself with the following steps.
Please note this information session has been cancelled per Alberta Health Services' restrictions on mass gatherings. See the Alberta Health Services website for up to date information.
If you have questions about the sustainability requirements, the refundable performance fees, please contact us at PropertySales@edmonton.ca.
Note the refundable performance fees of:
Carefully review the Sustainability and Architectural Design Guidelines that all buyers are required to follow, and the Good Neighbour Guidelines, especially if you intend to manage your own construction.
The first 40 registrants drawn will be notified by email of their lot selection priority number and will be invited to the Lot Selection Event to select and purchase a lot in the order of their priority number.
Successful registrants are not required to purchase a lot if their desired choices of lots have been sold to one of the prior registrants.
Since there are 31 lots available for sale, the successful registrants assigned number 32 or higher may or may not have an opportunity to select a lot. This is dependent on the possibility of other registrants not attending or deciding not to purchase any available lots.
Should there be remaining lots after the Lot Selection event, remaining registrants will be contacted in priority sequence at a later date.
If all lots have been sold, remaining drawn registrations will be held in priority sequence should any sales not proceed.
Update: Due to the COVID-19 pandemic, we are assessing how the Lot Selection Event will be managed virtually. A representative will be in contact with the registrants randomly drawn by the end of April.
Please be aware of the following requirements:
After you choose an available lot, you will be required to sign a Purchase Application and provide a non-refundable Application Deposit of $5000 by certified cheque or bank draft payable to the City of Edmonton. This Application Deposit will be applied toward the 15% deposit of the lot price plus GST, if applicable. If the buyer chooses not to proceed with their purchase, the Application Deposit is forfeited.
Buyers may include a maximum of 2 additional name(s) to the Purchase Application (that is, a spouse or partner) for a maximum of 3 names total. These names will be used to create the formal Sale and Development Agreement.
If a registrant(s) is not available for the Lot Selection Event, and their name and number is called, that registrant(s) will lose their opportunity to select an available lot.
Photo identification such as driver's licence or passport with current address will be required, and the address must match your registration confirmation email. Powers of Attorney or Agent representation will not be accepted. Successful registrants must be available for the allocated Public Lot Selection time slot in order to purchase a lot.
Buyers are required to physically inspect the Lot they purchased and abutting infrastructure such as sidewalk, fences, water valves (CC valve), fire hydrants, and power boxes within 10 days of the Closing Date and photograph and record any observed damages on the Lot Damage Statement form provided with the Agreement.
The Buyer will be held responsible for the repair of any subsequent damage to City infrastructure and any restoration costs will be retained from the Damage Fee.
All homes built in The Meadows of Laurel must comply with the Sustainability and Architectural Design Guidelines, including without limitation:
Building a PV solar ready home
Obtaining third-party certification that the home has achieved an EnerGuide rating of at least 15% lower than “A Typical New Home”, which is the benchmark home on the EnerGuide label. For further details on this requirement please contact a Certified Energy Advisor.
These reports and information are provided to all prospective buyers for their review on an informational basis only.
Buyers shall not rely on the reports as to the suitability for their development.
All buyers will be required to conduct independent soil and geotechnical testing at their own expense to verify that the sale land is suitable for the proposed development.
Property Sales
Real Estate
Financial & Corporate Services
| Telephone | 780-496-6000 |
|---|---|
| MeadowsofLaurel@edmonton.ca |
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