Welcome to Coaldale Park Homes website!
Coaldale Park Homes Ltd. is a homebuilding company that, despite being new to the
Coaldale market, brings to the table a wealth of construction experience and
expertise. Between the company's three principles, Coaldale Park Homes has over
80 years of development and construction experience. At Coaldale Park Homes, we
strive to provide homes built with quality craftmanship at great value to the
consumer.
Click here to see our new Parkside Terrace Project!
Grand opening May 8th - 10th, 2009! Only a few remaining!
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On February 16, 2010, Jim Flaherty Minister of Finance announced a number of measures to support the long-term stability of Canada's housing market by making changes to the mortgage qualification requirements for homebuyers. The announcement indicates that all borrowers will need to meet the standards for a five-year fixed rate mortgage (instead of only a three-year fixed rate) regardless of what they choose for their mortgage. Also, the announcement requires that Canadian home buyers put down a 10% deposit on their home purchase instead of the previously mandated 5%. In addition, speculation has been discouraged by requiring owners of certain non-owner occupied properties to put down a 20% deposit in order to attain a mortgage. See the official announcement here. A further explanation and breakdown of the anticipated changes that will come into effect as of April 19th, 2010 can be found here. The bank of Canada is also expected to raise interest rates as early as July, 2010, making now a great time to buy! Don't miss out on this amazing opportunity!
Coaldale Park Homes is also very committed to the development of the Town of Coaldale, and thus we are committed to providing a quality product that
we are proud to stand behind. We trust that this site will be both helpful and
informative to you in your quest to find out more about our company and its
products. If you require any aditional information we invite you to visit the
contact page and inquire further
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We look forward to being the
one you choose to build your next home! Coaldale Park Homes takes pride in
their construction specifications and techniques. We build homes that last
and homes that we would be proud to live in ourselves.
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