Welcome to Don Cholak Real Estate

the spot to be to search for and find a home in St.Albert or Edmonton!

Why Choose Don Cholak?

Experience You Can Rely On. With decades of business, sales and real estate experience, Don brings a strong understanding of the St. Albert, Edmonton and surrounding real estate markets. His experience includes residential real estate, commercial properties, development land, multi-family properties, and relocation. Whether you are buying your first home, selling a longtime property, or navigating a more complex transaction, Don provides knowledgeable guidance throughout the process.


Honest, Personalized Service. Don believes every client and every real estate transaction is different. He takes the time to understand your goals, answer your questions and provide straightforward advice so you can make informed decisions with confidence. His strong work ethic, honesty and commitment to his clients have allowed him to build lasting relationships throughout St. Albert and the Edmonton area.


Dedicated Every Step of the Way. Buying or selling a property can be a major decision, and Don is committed to being there from the beginning through to the final details. He develops a personalized approach for each client and stays available throughout the process to provide updates, guidance and support.


Why Live in St.Albert?

Located just minutes from Edmonton, St. Albert offers the convenience of a larger urban centre while maintaining the welcoming feel of a close-knit community. The city is known for its beautiful neighbourhoods, extensive trail system, parks, schools, and strong sense of community. The Sturgeon River and Red Willow Trail System connect many areas of the city and provide plenty of opportunities to enjoy the outdoors throughout the year.


Downtown St. Albert is home to St. Albert Place, the Arden Theatre, Musée Héritage Museum, the Art Gallery of St. Albert and a variety of local shops and restaurants. The city also hosts several popular community events throughout the year, including the International Children's Festival and the St. Albert Farmers' Market.


For recreation, residents have access to Servus Credit Union Place, along with numerous sports fields, arenas, parks, and recreational facilities throughout the city. With its convenient location, strong community atmosphere and wide range of amenities, St. Albert continues to be a great place to call home.


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FAQ

How much do I need for a down payment?

The amount you need for a down payment depends on the purchase price of the home. In Canada, qualified buyers can put down as little as 5% on homes under a certain purchase price, making homeownership more accessible than many people realize.

A larger down payment can help reduce your mortgage amount and monthly payments, but 20% is not always required. Every buyer’s situation is different, so speaking with a mortgage professional can help you understand your options.

How Much Do I Need for a Deposit? Can My Deposit Go Toward My Down Payment?

A deposit is the amount of money provided when an offer is accepted to show you are serious about purchasing the property. The amount can vary depending on the market and the property, but it is often several thousand dollars.

Yes, in most cases, the deposit is applied toward your down payment and closing costs when the purchase is completed. It is not an extra cost on top of your down payment.

Are deposits refundable?

The deposit is usually provided after an offer is accepted to show the buyer is serious about purchasing the home.

If the offer has conditions, such as financing or a home inspection, the deposit is typically held until those conditions are either satisfied or removed.

If conditions are not removed the deposit is generally refunded unless stated differently in your contract.

What is a home inspection and do I need one?

A home inspection is a professional evaluation of a property’s condition. It helps buyers better understand the home before moving forward with a purchase. During an inspection, major areas and hidden issues are reviewed.

While a home inspection is not always required, I highly recommend it whenever possible. It can help identify potential concerns, provide peace of mind, and give you a clearer understanding of the property you are purchasing.

I also provide more information on the home inspection process and can help guide you through what to expect when buying a home.

What Is a Foreclosure Property?

A foreclosure property is a home where the owner has fallen behind on mortgage payments, and the lender has taken legal steps to recover the money owed. In Alberta, many foreclosure properties are sold through a court-ordered sale process.

Foreclosure properties can sometimes present opportunities for buyers, but they may also come with additional risks, timelines, and conditions compared to a traditional home purchase. It is important to understand the process and review the property carefully before making an offer.

If you are interested in learning more about foreclosure properties or would like help understanding the process, I would be happy to guide you through your options before you decide.


Get In Touch

Don Cholak

Mobile: 780.718.8400

EMAIL

Office Info

RE/MAX Elite

#145, 44 Riel Drive  St. Albert,  AB  T8N 3Z8 

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