I have sold a property at 12 Woodworth Avenue N in St. Thomas on Aug 6, 2024. See details here
3 Bedroom Bungalow centrally located in Downtown St Thomas Area. Great starter home or Investment Property with amenities close by. Recent renovations with more potential to be to add your own tastes. Open concept Living dining Room for family and friends to entertain. Deep back yard with lots of room for gardens or to create your own oasis. ** Some Rooms are virtually staged**
I have sold a property at 548 Rosecliffe TERR in Middlesex on Dec 24, 2024. See details here
**Property is SOLD** Why wait for a new build when you can own a spacious, character-filled home that offers so much more? This (Large) executive Brick bungalow with extra wide (72 x 129) lot provides exceptional value at a fraction of the cost per square foot compared to building new. With 2175 sqft on the main floor including the sunroom, 1132 finished sqft in the lower level, and 1005 unfinished sqft in lower level. This home is move-in ready and packed with potential.Unlike new builds, this property comes complete with thoughtful extras, including a mostly fenced yard, stone driveway, three season sunroom, large shed, wood deck, landscaped yard with privacy, awning for shade, saving you thousands on essentials that are often additional expenses for a new build.While the homes current aesthetic may feel dated, its solid construction and versatile layout make it a canvas for your dream design, easily tailored to your modern taste. This house is Situated in a prime Southwest London neighborhood with houses that are valued in the millions. Its location provides convenient access to major roads, local amenities, and schools, making it ideal for families or those seeking tranquility without sacrificing convenience. This property offers more than just a home, it is a lifestyle. One floor homes of this quality are simply hard to find! Do not miss the chance to own a home that combines unbeatable value, potential, and charm. This home can easily become a multi generational home. Let 548 Rosecliffe Terrace show you why established homes are the smarter choice!
I have listed a new property at 548 Rosecliffe TERR in London. See details here
Your Dream Executive Bungalow Awaits!**Nestled in the heart of South West London, this beautifully maintained executive bungalow offers a blend of elegance, comfort, and convenience. With three spacious bedrooms on the main floor, this home is perfect for families or those looking for the ease of single-floor living. Step into the bright and airy living room, where natural light pours in from the skylight, creating a warm and inviting atmosphere. The natural gas fireplace adds a cozy touch, making it the perfect spot for family gatherings or quiet evenings. Just off the kitchen, you will find a charming three-season room that overlooks a meticulously landscaped yard a peaceful retreat for your morning coffee or evening relaxation. The formal dining room is ideal for hosting dinners and creating memories with loved ones, while the partially finished basement offers endless possibilities, including potential for multi-generational living. Conveniently located off Wonderland Road, this home is just minutes from local amenities and provides quick access to the highway with the new Wonderland Road on-ramp. This is more than just a house; its a lifestyle. Don't miss your chance to make 548 Rosecliffe Terrace your new home.
I have listed a new property at 548 Rosecliffe TERR in London. See details here
Your Dream Executive Bungalow Awaits!**Nestled in the heart of South West London, this beautifully maintained executive bungalow offers a blend of elegance, comfort, and convenience. With three spacious bedrooms on the main floor, this home is perfect for families or those looking for the ease of single-floor living. Step into the bright and airy living room, where natural light pours in from the skylight, creating a warm and inviting atmosphere. The natural gas fireplace adds a cozy touch, making it the perfect spot for family gatherings or quiet evenings. Just off the kitchen, you will find a charming three-season room that overlooks a meticulously landscaped yard a peaceful retreat for your morning coffee or evening relaxation. The formal dining room is ideal for hosting dinners and creating memories with loved ones, while the partially finished basement offers endless possibilities, including potential for multi-generational living. Conveniently located off Wonderland Road, this home is just minutes from local amenities and provides quick access to the highway with the new Wonderland Road on-ramp. This is more than just a house; its a lifestyle. Don't miss your chance to make 548 Rosecliffe Terrace your new home.
I have listed a new property at 548 Rosecliffe TERR in London. See details here
Your Dream Executive Bungalow Awaits!**Nestled in the heart of South West London, this beautifully maintained executive bungalow offers a blend of elegance, comfort, and convenience. With three spacious bedrooms on the main floor, this home is perfect for families or those looking for the ease of single-floor living. Step into the bright and airy living room, where natural light pours in from the skylight, creating a warm and inviting atmosphere. The natural gas fireplace adds a cozy touch, making it the perfect spot for family gatherings or quiet evenings. Just off the kitchen, you will find a charming three-season room that overlooks a meticulously landscaped yard a peaceful retreat for your morning coffee or evening relaxation. The formal dining room is ideal for hosting dinners and creating memories with loved ones, while the partially finished basement offers endless possibilities, including potential for multi-generational living. Conveniently located off Wonderland Road, this home is just minutes from local amenities and provides quick access to the highway with the new Wonderland Road on-ramp. This is more than just a house; its a lifestyle. Don't miss your chance to make 548 Rosecliffe Terrace your new home.
If you're considering buying or selling your home in London, Ontario, the market is presenting some interesting trends that you can take advantage of:
For Sellers:
Homes are staying on the market longer: With increased inventory, buyers have more options, which means homes aren't selling as quickly as before. Pricing competitively and showcasing your home effectively are now more crucial than ever to attract serious buyers.
Interest rates are dropping: The recent rate cuts mean more buyers are getting back into the market, but they’re taking their time to make the right decision. By positioning your home correctly, you can still sell for a great price.
For Buyers:
More choice, better deals: With homes staying on the market longer, this is your chance to negotiate. Sellers are becoming more flexible, which could work in your favor to secure the home you want at a lower price.
Falling mortgage rates: Mortgage rates have dipped to as low as 3.99%, making it more affordable to finance your dream home and lower your monthly payments.
If you're thinking about making a move, now is the perfect time to act before the market shifts again. Let’s chat about how we can help you make the most of these conditions!
I have listed a new property at 1 Woodland PL in London. See details here
**Welcome to 1 Woodland Place, a beautifully renovated duplex nestled in the heart of the charming Wortley Village. This versatile property offers a fantastic opportunity for investors or homeowners seeking additional income. The **upper unit** boasts a cozy 1-bedroom layout, perfect for young professionals or a single occupant looking for a comfortable and modern living space. Meanwhile, the **main unit** offers ample space with 2 spacious bedrooms on the main floor and two additional bedrooms in the fully finished basement, making it ideal for families or those in need of extra room. Renovated with care, both units feature modern finishes, updated kitchens, and inviting living spaces that blend style and function. Outside, enjoy the mature trees and the vibrant community that makes Wortley Village one of the most sought-after neighborhoods in London. This property is a prime opportunity in a location rich with local shops, cafes, and parks, just minutes from downtown. Whether you're looking to invest or live in one of London's most desirable areas, 1 Woodland Place is the perfect choice! Don't miss out schedule your showing today!
I have listed a new property at 548 Rosecliffe TERR in London. See details here
Your Dream Executive Bungalow Awaits!**Nestled in the heart of South West London, this beautifully maintained executive bungalow offers a blend of elegance, comfort, and convenience. With three spacious bedrooms on the main floor, this home is perfect for families or those looking for the ease of single-floor living. Step into the bright and airy living room, where natural light pours in from the skylight, creating a warm and inviting atmosphere. The natural gas fireplace adds a cozy touch, making it the perfect spot for family gatherings or quiet evenings. Just off the kitchen, you will find a charming three-season room that overlooks a meticulously landscaped yard a peaceful retreat for your morning coffee or evening relaxation. The formal dining room is ideal for hosting dinners and creating memories with loved ones, while the partially finished basement offers endless possibilities, including potential for multi-generational living. Conveniently located off Wonderland Road, this home is just minutes from local amenities and provides quick access to the highway with the new Wonderland Road on-ramp. This is more than just a house; its a lifestyle. Don't miss your chance to make 548 Rosecliffe Terrace your new home.
I have sold a property at 12 Woodworth AVE N in St. Thomas on Aug 6, 2024. See details here
3 Bedroom Bungalow centrally located in Downtown St Thomas Area. Great starter home or Investment Property with amenities close by. Recent renovations with more potential to be to add your own tastes. Open concept Living dining Room for family and friends to entertain. Deep back yard with lots of room for gardens or to create your own oasis. ** Some Rooms are virtually staged**
I have listed a new property at 12 Woodworth AVE N in St. Thomas. See details here
3 Bedroom Bungalow centrally located in Downtown St Thomas Area. Great starter home or Investment Property with amenities close by. Recent renovations with more potential to be to add your own tastes. Open concept Living dining Room for family and friends to entertain. Deep back yard with lots of room for gardens or to create your own oasis. ** Some Rooms are virtually staged**
I have listed a new property at 12 Woodworth AVE N in St. Thomas. See details here
3 Bedroom Bungalow centrally located in Downtown St Thomas Area. Great starter home or Investment Property with amenities close by. Recent renovations with more potential to be to add your own tastes. Open concept Living dining Room for family and friends to entertain. Deep back yard with lots of room for gardens or to create your own oasis. ** Some Rooms are virtually staged**
The Canadian real estate market offers a wealth of opportunities for homebuyers and investors. One of the crucial aspects of realizing those opportunities is understanding real estate financing. In this article, we’ll explore various facets of real estate financing in Canada, including types of loans, credit scores and mortgage approval, mortgage refinancing, and tips for saving on mortgage interest.
A fixed-rate mortgage is a popular choice among Canadian homebuyers. With this type of loan, your interest rate remains constant throughout the loan’s term, typically 5, 10, or 25 years. This provides predictability, making it easier to budget your monthly payments.
Adjustable-rate mortgages (ARMs), also known as variable-rate mortgages, have interest rates that can change periodically. In Canada, ARMs are usually linked to the Bank of Canada’s prime rate. While ARMs initially offer lower interest rates, they can fluctuate over time, potentially leading to higher payments.
The Canadian real estate market doesn’t have FHA (Federal Housing Administration) or VA (U.S. Department of Veterans Affairs) loans, as in the United States. However, Canada offers various government-backed programs, such as the Canada Mortgage and Housing Corporation (CMHC) and Genworth Canada, to assist homebuyers with low down payments.
Credit scores play a significant role in mortgage approval in Canada. Lenders typically look for a credit score of 680 or higher for prime interest rates. If your score is lower, you may still qualify for a mortgage, but you might face higher interest rates or require a larger down payment.
Tips for Improving Your Credit Score:
Mortgage refinancing allows homeowners to replace their existing mortgage with a new one, potentially offering better terms. Some common reasons for refinancing include:
In conclusion, real estate financing in Canada offers a range of options, and understanding the nuances of these options is crucial for making informed decisions. Whether you’re a first-time homebuyer or a seasoned real estate investor, exploring different types of loans, maintaining a healthy credit score, considering mortgage refinancing, and implementing strategies to save on mortgage interest can significantly impact your financial well-being. By taking the time to explore and optimize your real estate financing, you can make your real estate investments more financially sound and rewarding.
