2nd family room above the garage!
• 4 bath, 4 bdrm 2 story
- Stunning upgraded home
Bradford, Bradford West Gwillimbury
Bradford, Bradford West Gwillimbury. Stunning 4 bdrm home with 2nd family room and den/office in Bradford. Many upgrades! Stained hardwood staircase with metal pickets, smooth ceiling throughout first and second floor, custom drapes, elegant light fixtures. Upgraded modern kitchen with walk out to a fenced yard. Warm inviting kitchen features upgraded ceramics, backsplash, smooth ceiling, custom light fixtures, natural gas stove, garburator, carbone filter for drinking water. Custom mantel in the family room , custom build-ins with HDMI wiring, pot lights. Upgraded door handles, security phone system, additional zooming lights, crystal chandeliers. 200 AMP panel, additional electrical outlets throughout the house.
Cat5 [Internet Network] Cable in the following rooms: both family rooms, den, 2nd and 3rd bedrooms.
TV Cable for HD Satelite - free public TV - 28 channels. Great saving! Great quality!
Included: all appliances, Central vacuum system, AC, Garage door openers and two remotes. Custom shelving and pegboard in the garage.
OPPORTUNITY KNOCKS ! Call now to book your personal showing !
Toronto, August 2, 2013 -- Greater Toronto Area REALTORS® reported 8,544
residential sales through the Toronto Multiple Listing Service® (MLS®) system
in July 2013. Total sales were up by 16% compared to July 2012. Over the same
period, new listings added to Toronto MLS® and active listings at the end of
the month were up, but by a substantially smaller rate of increase compared to
“Last month’s sales
represented the best July result since 2009 and was the third best July result
on record. Despite recent increases in average borrowing costs, home buyers are
still finding affordable home ownership options in the GTA,” said Toronto Real
Estate Board (TREB) President Dianne Usher.
“We are a year removed
from the onset of stricter mortgage lending guidelines and many households who
put their decision to purchase a home on hold have reactivated their search. An
increasing number of these households are getting deals done,” continued Ms.
market conditions, the average selling price for July sales was up on a year
over-year basis by 8% to $513,246. The low-rise market segment continued to be
the driver of overall price growth. It should be noted, however, that the
average condominium apartment price was also up by more than the rate of
inflation on an annual basis. The MLS® Home Price Index (HPI) was also up on a
year-over-year basis for all major home types.
“We are forecasting
continued average price growth for the remainder of 2013 and through 2014 as
well. Months of inventory for low-rise homes remains near record lows
suggesting that sellers’ market conditions will remain in place in the second
half of 2013. An increase in listings in 2014 would lead to more balanced
market conditions and a slower pace of price growth next year, albeit still
above the rate of inflation,” said Jason Mercer, TREB’s Senior Manager of
Easier to maintain. Anyone who has owned a house knows the amount of time, energy, and effort to maintain it. All things being equal, a smaller home requires less of your time, energy, and effort to accomplish that task.
Less time spent cleaning. And that should be reason enough…
Less expensive. Smaller homes are less expensive to purchase and less expensive to keep (insurance, taxes, heating, cooling, electricity, etc.).
Less debt and less risk. Dozens of on-line calculators will help you determine “how much house you can afford.” These formulas are based on net income, savings, current debt, and monthly mortgage payments. They are also based on the premise that we should spend ”28% of our net income on our monthly mortgage payments.” But if we can be more financially stable and happier by only spending 15%… then why would we ever choose to spend 28?
Mentally Freeing. As is the case with all of our possessions, the more we own, the more they own us. And the more stuff we own, the more mental energy is held hostage by them. The same is absolutely true with our largest, most valuable asset. Buy small and free your mind.
Less environmental impact. A smaller home requires less resources to build and less resources to maintain. And that benefits all of us.
More time. Many of the benefits above (less cleaning, less maintaining, mental freedom) result in the freeing up of our schedule to pursue the things in life that really matter – whatever you want that to be.
Encourages family bonding. A smaller home results in more social interaction among the members of the family. And while this may be the reason that some people purchase bigger homes, I think just the opposite should be true.
Forces you to remove baggage. Moving into a smaller home forces you to intentionally pare down your belongings.
Less temptation to accumulate. If you don’t have any room in your house for that new treadmill, you’ll be less tempted to buy it in the first place (no offense to those of you who own a treadmill… and actually use it).
Less decorating. While some people love the idea of choosing wall color, carpet color, furniture, window treatments, decorations, and light fixtures for dozens of rooms, I don’t.
Wider market to sell. By its very definition, a smaller, more affordable house is affordable to a larger percentage of the population than a more expensive, less affordable one.
Only you know all the variables that come into play when making your decision.
Why people buy larger homes?
They “outgrow” their smaller one.
They receive a promotion and raise at work.
They are convinced by a realtor that they can afford it.
They hope to impress others.
They think a large home is the home of their dreams.
Which option did you chose?
May 11th at 2-4 PM we will be holding at Open House at 11 Harry Blaylock Dr, Markham. Beautiful end unit townhouse with a separate finshed basement apartment , 2nd kitchen , 4th bdrm and a nice side yard in addition to the back yard.
Located steps to GO, shopping. The are of Markham/Bur Oak is booming! Desirable area! Spotless Home! Come to see this home at Open House on Sautrday, May 11th 2-4 p.m.
Need directions? Call Natalie : 647-500-6282
bur oak / markham, Markham
Announcing a price reduction
on 11 Harry Blaylock Dr, a 1,680 sq. ft., 3 bath, 3 bdrm 2 story. Now
- End unit twnhm like model.
Bradford, Bradford West Gwillimbury
We invite everyone to visit our open house at 112 Simcoe Rd on
from 3:00 AM to 5:00 AM.
In-law basement accomodations
• 4 bath, 3 bdrm 2 story
- 2nd kitchen
Martin Grove/Highway 27, Vaughan
Vaughan house for sale -West Woodbridge Home With Nice Finishes. Great Family Sized Modern Kitchen With Sliding Glass Walk Out To Concret Patio.Landscap Garden & Gazebo. Strip Hardwood & Ceramics On Main. Parquet On 2nd Floor Open Concept Living/Dining Room Crown Moulding, Wainscoting, Spotlight Terrific In-Law Apartment With Separate Entrance With Second Kitchen,4Pc Bath W/Jacuzzi Tub. Parking 4Cars No(S/Walk)'New'widow,Side Door/Screen (5Yrs) New Furn(2011)
Extras: Newer Cent Vac/Equip(5Yrs)2Fridges,2Stoves,Washer,Dryer(Bsmt),B/I Dishwasher, The Range Microwave, All Existing Light Fixtures,All W/Coverings.Garden Storage Shed.Automatic Garage Opener & Remote.
The rental market remains tight across the GTA despite a
surge of new condos over the last five years.
The rental market remains tight across the GTA —
and especially in the highly-coveted downtown core — despite a surge of new condos over the last five years that now
account for 16 per cent of all the rental units in the region, according to the
Canada Mortgage and Housing Corporation.
While the vacancy rate for rental apartments
bumped up slightly in October over a year earlier, it still remains at one of
its lowest levels in a decade, 1.7 per cent, compared to an even lower vacancy
rate of 1.2 per cent for rental condos, the federal housing authority said
That slip year-over-year in condo vacancy rates
occurred despite the fact there was a six per cent increase in the number of
condo units up for rent in the GTA in October over a year earlier.
Condo rents continue to run about 40 per cent
higher than apartment rents, especially older apartments, notes the report.
A one-bedroom unit in the GTA now rents for an
average $1,003 a month, compared to $1,430 for a rental condo while two-bedroom
apartments average $1,170 compared to $1,586 for a rental condo.
Rents are higher in the City of Toronto: $1,010 for a one-bedroom apartment
compared to $1,456 for a condo. Two bedrooms average $1,194 and $1,602
respectively, says the report.
An estimated 33 per cent of all new condos coming
on the market across the GTA are now being rented out rather than lived in by
owners, but competition remains especially fierce in the coveted downtown core
and, increasingly, North York and Peel Region,
according to CMHC.
Yet all those new investor-owned glass-and-granite
rental condos did little to ease demand and drive up vacancy rates in older,
purpose-built apartments, which stood at just 1.4 per cent in October of 2011,
according to the annual rental market review.
“While vacancy rates increased slightly this
year, the overall average rate remained relatively low as job opportunities
improved, first-time (home) buying slowed and supply growth remained muted.
“The increase in vacancy rates can partly be
attributed to fewer young adults and immigrants entering the market, as well as
more people leaving the GTA or choosing to rent in the condo market,” said
Shaun Hildebrand, CMHC’s senior market analyst for the GTA.
Average rents increased by 2.8 per cent across
the GTA, but by 4 per cent in the City of Toronto
where the vacancy rate has slipped below one per cent.
from : http://www.thestar.com/business/real_estate/2012/12/13/rental_vacancies_drop_despite_gta_condo_boom_report.html
Each of 2012's favorite bathrooms
offers something different. Some inspire organizational ideas, others present
creative tiling techniques, while still others make use of color and natural
Take a look by clicking on the link
below — one of these stunning spaces might inspire you.
Get fresh ideas, implement them into renovation. Be creative..!
TORONTO, January 16, 2013 – Greater Toronto REALTORS®
reported 1,469 sales through the TorontoMLS system during the first two weeks
of January 2013. This result represented an increase of 2.4 per cent over the
1,435 transactions reported during the same period in 2012.
"The New Year started off
on a positive note with residential sales slightly above last year’s levels,”
said Toronto Real Estate Board (TREB) President Ann Hannah. “I am cautiously
optimistic about this result. It will be important to watch sales trends
closely as we move through the first quarter to see if some of the households
who moved to the sidelines as a result of stricter lending guidelines are
starting to renew their decision to purchase a home.”
The average selling price
during the first 14 days of 2013 was by up by four per cent on a year-over-year
basis to $459,728.
the trend from 2012, the low-rise segment of the market experienced the strongest
price growth as competition between buyers remained quite strong,” said Jason
Mercer, TREB’s Senior Manager of Market Analysis. “The average selling price is
expected to grow in 2013, but at a slower pace as buyers benefit from more
One of the choices people have when choosing housing are condos. Condominiums are multi-family homes that people can purchase. When you buy one of these homes, you actually own the home but you do not own the entire building; you only own the inside. The outside of the home is owned by someone else and it is managed by a homeowners association.
There are two ways that homeowners associations work. One of the ways is by the owners of homes joining together as members of the association. The other way is to hire a management firm to handle all of these responsibilities. Regardless of who runs this association, the duties are still the same. The homeowners pay monthly fees to the association. This money is deposited into an account and is used to pay for exterior services and work. Some of the money is used to pay for monthly bills which include garbage removal and lawn mowing. Another portion of the money is placed in a savings account and will eventually be used for major repairs for the exteriors of the homes. The money is never used to repair the inside of the homes. The work that is needed inside is left to the owner of the home. For example, if a homeowner has a broken water pipe inside the home, the homeowner will be responsible to pay for this himself.
One of the main reasons people choose to buy condos is because of the maintenance free living options they offer. If you live in one of these homes, you will not have to complete any work outside. You may decide to plant some flowers or sweep your sidewalk, but this is it. You will never have to clean your own gutters, mow your yard or power wash your driveway. You will only be responsible for maintaining the inside of the home. This is the perfect type of living arrangement for many people. It is great for elderly people who can no longer complete outdoor work. It is also great for women that do not have the appropriate tools or equipment to complete this work. Busy people may also like this arrangement because it offers less work and worries for them. It is really an ideal situation for anyone, except for a person that loves to conduct outside work.
Condos come in many sizes and shapes. Some are first floor homes, while others might be stories high. You can buy single-floor condos or those that have multiple floors. You can also choose by the size. You can look at the square footage of a home and the number of bedrooms and bathrooms it has. All of these features are used to find the right one for each person that is interested in buying one. Keep in mind that when you purchase a condo, you will have to pay the mortgage on it and you will also have to pay a monthly homeowners association fee. That fee is important to figure in when you are getting ready to buy a new home like this.
Average Home Price Up Strongly in 2012
TORONTO, January 4, 2013 – GTA REALTORS® reported 3,690 sales through the TorontoMLS
system in December 2012 – down from 4,585 sales in December 2011. Total sales
for 2012 amounted to 85,731 – down from 89,096 transactions in 2011.
of transactions in 2012 was quite strong from a historic perspective. We saw
strong year-over-year growth in sales in the first half of the year, but this
growth was more than offset by sales declines in the second half. Stricter
mortgage lending guidelines resulted in some households postponing their
purchase of a home. In the City of Toronto,
the dip in sales was compounded by the additional Land Transfer Tax, which
buyers must pay upfront,” said Toronto Real Estate Board (TREB) President Ann
selling price in December 2012 was up by 6.5 per cent year-over-year to
$478,739. The average selling price for 2012 as a whole was up by almost seven
per cent to $497,298.
annual rates of price growth were reported through most months of 2012.
growth was strongest for low-rise homes, including singles, semis and
townhouses. Despite a dip in sales, market conditions remained tight for these
home types with substantial competition between buyers,” said TREB’s Senior
Manager of Market Analysis Jason Mercer
Many economists predicted a local real estate crash this
year, with prices falling by up to 25 per cent. I didn’t see that prediction
coming true and it didn’t. Nor will do I believe it will happen in 2013.
1. Homes are more affordable
In 1990, the average GTA home cost half of what it does
today. But interest rates were 12 per cent for a five-year term at the time. So
if a two- bedroom condo cost $250,000 in 1990 and you had a 20-per-cent down
payment, your monthly carrying costs, including interest, taxes and common
expenses, were about $2,500. The average rental for a two-bedroom condo at the
time was $1,100, according to the Housing New Canadians research group. So the
economics of ownership made no sense.
Today, even with a price of $500,000, if you have a
20-per-cent down payment, with current interest rates at 3 per cent, the total
monthly payment is what it was in 1990. It is still $2,500 per month, including
common expenses and taxes. But in downtown Toronto, the average rent paid for a
two-bedroom unit is now close to $2,500 per month.
Most tenants who can afford $2,500 a month or more in rent
can probably afford to buy a home now, if they have 10 per cent down payment or
2. The lesson from 2012
Toronto Real Estate Board statistics up until Nov. 30 show
82,200 units had sold in the GTA so far this year. In 2011, it was 84,900, and
in 2010 it was 81,900. The average price on Nov. 30 was 2 per cent higher than
a year ago. If anything, the market has remained very stable for the past three
3. Impact of mortgage rule changes is minor
The mortgage rule changes imposed in early July lowered
the amortization period to 25 years if you were putting less than 20 per cent
down and lowered the percentage of your income that could be used for borrowing
from 44 per cent to 39 per cent. The result was that buyers who would have
purchased in late summer or fall moved up their purchasing decision to the
spring. By fall, this meant many would-be first-time buyers were looking to
rent instead of buy. This contributed to low vacancy rates.
4. 2013 will be fine
Despite the doom and gloom, Toronto condo rental vacancy rates are 1.7
per cent. This means that for those people who cannot sell their condos, there
are plenty of renters who can cover the monthly costs.
5. Debt-to-income ratio not relevant
As our American friends like to say, “that dog won’t
hunt.” Every month we are told that because the ratio of household debt to
household income continues to rise — and is now at 164 per cent — there is a
danger of a real estate collapse.
What this really means is that the average Canadian
household has an income of $100,000 and total debt of $164,000 (of which their
real estate debt constitutes-two thirds). Again, as stated earlier, with
interest rates at 3 per cent, this is not a dangerous problem.
If interest rates were 12 per cent, as they were in 1990,
or if all your debt was on your credit cards (with interest rates averaging 18
per cent), then this would be a serious problem.
Note to readers: pay down or eliminate your credit card
debt in 2013.
Note to government: with mortgage interest rates at 3 per
cent, it is almost criminal for lenders to be able to charge 18 per cent on
consumer credit cards.
6. Interest rates may not rise until 2015
The U.S. Federal Reserve is now saying it won’t raise rates
until 2015. Our rates can’t differ much from theirs without harming our economy
with a strong dollar and slower growth.
These are all things to keep in mind in the coming year. Somebody has
been predicting a Canadian real estate market collapse for the past 12 years.
It hasn’t happened yet and won’t happen in 2013.
By Mark Weisleder | Fri Dec 21 2012 at www.moneyville.com
Bradford, Bradford West Gwillimbury
Announcing a price reduction
on Tigertail Cres in Bradford Ontario, a 3,270 sq. ft., 3 bath, 4 bdrm 2 story. Now
- Backs onto ravine.
Grand Opening: November 16th, 2012
The design of the Microsoft stores in the U.S.
incorporates many of the elements that made Apple stores a hit – gleaming wood
floors, lots of glass and products to sample. Microsoft has added big comfy
chairs and benches to the décor in the U.S. locations.
At Apple stores, customers stand at counters featuring
tethered Apple products.
Jason Dubroy, vice president, shopper marketing, DDB
Canada, said the Microsoft move isn’t surprising, given that malls still draw
crowds, including Baby Boomers, who still control about 60 per cent of all
dollars spent in Canada.
While many are savvy online shoppers, others prefer the
look, feel and service of a physical shopping environment.
But Dubroy said Microsoft is late to the game, both in
the tablets and bricks-and-mortar stores.
“They will need to be able to differentiate their
experience proposition quickly… or they won’t see the sales-per-square-foot
traction they will need to justify expansion.”
“I think a retail presence is a logical next move,” said
John Gerzema, executive chairman of BAV consulting. “Microsoft has gained a lot
of consumer momentum over the past year with popular products like Kinect (for
Xbox 360) and now, tablets.
“Among Canadians in our Brand Asset Valuator (BAV)
surveys, Apple is seen as trendier and more progressive. But Microsoft
outperforms Apple on being more trusted and caring for customers. The challenge
of course, will be to define a retail experience that stands apart from Apple.”
The Apple store design was revolutionary when it was
launched in 2001 as a spare and serene environment for customers to test-drive
Apple products. It was conceived by Ron Johnson, the man behind the bubbly
Target brand, which is set to enter Canada in 2013.
excited to this new store opening. Competition is good!