Welcome to 118 Royal Orchard Drive in Brampton. This cozy detached raised bungalow will make the perfect home for retirees, anyone looking to downsize or even someone just starting into home ownership. As you approach this home you will notice right away the double car garage and private double driveway. The interlocking brick walkway leads you to the front door with glass insert. When entering you step onto the ceramic floor in the open foyer which has a convenient coat closet. From the foyer you can go up a few steps into the open concept main floor or down a few steps to the finished lower level. This open concept design allows for lots of lights and the main floor boasts a practical living/dining room combination which spans from the front of the house to the back. It features broadloom, bright windows, is open to the kitchen and also overlooks the backyard. The eat-in kitchen is located at the back of the house and has a ceramic floor & ceramic backsplash, B/I dishwasher, double sinks and the patio door walk-out takes you to the lovely deck which is perfect for entertaining family & friends in the summer. The backyard is fully fenced, landscaped and has a garden shed. Also located on the main floor is the master bedroom which offers nice storage space as it features a double closet and a single closet. It has broadloom flooring and a ceiling fan. The main 4pce bath has ceramics, and there is a linen closet located outside the bathroom. As you go down to the finished lower level you will enter the large rec room, perfect for family gatherings. It has broadloom flooring, a ceiling fan, 2 windows and a storage closet. The hallway leads you to the second bedroom with broadloom, a window, closet & also has a ceiling fan. The second 4pce bathroom also features ceramics. If you need extra storage there is a practical laundry/furnace room that has great storage space. This home has been well maintained and has other great features such as: central air conditioning, central vac, alarm, garage door opener, and is located close to shopping, schools and much more. All appliances, window coverings, and electric light fixtures are included.
Last month, despite inclement weather the Toronto Real Estate Board (TREB) sales were up. This was largely due to strong sales in Condo Resales. Unlike the Freehold market of Attatched, Semi-Detached and Detached there was ample supply in the condo market. We are seeing multiple offers especially due to the lack of inventory amongst freehold listings.
TREB reports that the average selling price is up 8.6% compared to February 2013. The Home Price Index (HPI) was up 7.3 % over the same time period.
Lets hope more inventory of Low-rise homes comes on the market soon. I have had a few clients competing in multiple offers over and over. If you are thinking of selling your home, call me today at 905-456-1000 or email me, Ruth@RuthBallantyne.com . Who knows, you may be receiving multiple offers by the week-end.
For more detailed information regarding statistics in Brampton, Mississauga, Caledon, and Orangeville click this link below. If your interested in other areas please email me Ruth@RuthBallantyne.com.
Data provided by ActiveRain.com.
ActiveRain is an online community of real estate professionals who exchange best practices, write real estate blogs, and get free education from the industry and their peers.
Find out what your home is worth online: www.EvaluateMyHome.ca
Get the Report with 27 Tips to get your home ready for sale. www.27TipsForSale.com
Thursday Brampton had a real treat. It was the opening of T by Daniel. Daniel is a young ( Thursday was his 26th Birthday) entrepreneur who I have had the pleasure of knowing for a few years now. I first met him at a Brampton Board of Trade Event. For a while he was a member of our Morning Networking Group and he is an Ambassador for the Board of Trade. He had an online T business and was working day and night to get it on the map. After a few years online here he is. He now has a Brick and Morter Store in Downtown Brampton. Its right on Main St.
Shirley Hall and I decided to pop in and see the store on Thursday after the Brampton Board of Trade Federal Budget Commentary at the Brampton Golf Club. It was a pleasure to have a meeting here and I am sure Shirley and I will have many more. We both had a cup of the house specialty LION tea. If your a Pumpkin Spice Coffee lover, this tea will convert you.
Don’t forget to drop in and see Daniel at 46 Main Street N, Brampton. You can call him at 905453-TEAS or ofcourse he’s on Facebook and Twitter. Drop in and have a cup of Tea. You’ll Enjoy it and supporting local Business feels so Good or you can visit him online at TbyDaniel.com.
I listened to a webcast today and Margaret Kelly, CEO RE/MAX International. She had some very possitive comments regarding the U. S. Housing Market. She was pleased to announce that this is the 18th straight month that the market has improved. She also reinforced the fact that prices are increasing and that Inventory is low. It was interesting to note that she feels that more than 33% of the market is still depressed but that it should not have the same effect on prices as a few years ago because of the low inventory.
Recapping the 45 minute Webinar. She was confident on an improving market because of:
Strong Demand for Housing
Low Interest Rates
Looks like the U.S. is finally in recovery and expecting a good year in 2013.
The latest version of our HomeMarketWatch Insider newsletter
is now available on our website at:
Each month, we publish a series of articles of interest to
homeowners — money-saving tips, household safety checklists,
home improvement advice, real estate insider secrets, etc.
Whether you are currently in the market for a new home, or not,
we hope that this information is of value to you. Please feel
free to pass these articles on to your family and friends.
If another person has forwarded this issue to you, and
you would like to subscribe yourself, go to the following link:
This month’s features…
– Home Improvement Tips to Increase the Value of Your Home
ALSO THIS MONTH:
– 13 Extra Costs to be Aware of Before Buying a Home
– 10 Questions To Ask When Choosing A Financial Planner
*** THERE’S MORE ON THE WEB… http://www.bramptonhomeinfo.com ***
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The government has set March 18 as the last day for 35 year amortizations. This means Lenders will likely stop accepting applications for 35 year amortizations in advance of the March 18 cut off. Approved deals that close after March 18 can still have 35 year amortizations as long as the deal is approved by CMHC/Genworth prior to the date (assuming the lender accepts the deal). Call us if you want to find out how you can benefit from this change. Time is running out.
I will also be hosting a FREE Buyer’s Seminar on Saturday, Feb 19th from 2-3pm at the Royal Bank, 901 Jane Street , Toronto , M6N 4C6 . You will get an update on Financing, Free Government Programs for First Time Buyers that may help increase your down payment by 30% in 90 days, Other Government Incentives, Investing, Distress Sales and an Overview of the National and Local Real Estate Market. Please email me at Ruth@RuthBallantyne.com to register.
Here is some excellent information about the changes for you to review.
I am happy to offer you a pair of VIP RE/MAX National Home Show tickets for the upcoming home show taking place February 18th – 27th. It is at the Direct Energy Centre, Exhibition Place. If you would like a pair, please reply to this blog or email me. I will be at the RE/MAX booth on Saturday, February 19th from 10am-1pm, so please come by for a visit! I will have ballots for you to fill out for a chance for you to win an iPad!
The National Home Show is a must for anyone looking to restore, refresh, and renew their home and garden. This year’s show will have an amazing selection of renovation products and services. Over 700 retailers and industry experts will be on hand providing renovation tips, interior design ideas, gardening advice, and fantastic bargains! At the Main Stage, presented by HGTV, you can take home secrets from top celebrity home improvement experts. The lineup this year includes presentations by HGTV’s design gurus, Colin and Justin. Natural born teacher and host of HGTV’s Disaster DIY, Bryan Beaumler, will also make an appearance to pass on his home building wisdom. Other celebrity guests include decorator Karl Lohnes, Chef Romale Griarte, and many more.
I will also be hosting a FREE Buyer’s Seminar on Saturday, Feb 19th from 2-3pm at the Royal Bank, 901 Jane Street, Toronto. You will get an update on Financing, Free Government Programs for First Time Buyers that may help increase your downpayment by 30% in 90 days , Other Government Incentives, Investing, Distress Sales and an Overview of the National and Local Real Estate Market.
Keep in mind the government has set March 18 as the last day for 35 year amortizations. This means Lenders will likely stop accepting applications for 35 year amortizations in advance of the March 18 cut off. Approved deals that close after March 18 can still have 35 year amortizations as long as the deal is approved by CMHC/Genworth prior to the date (assuming the lender accepts the deal). Call us if you want to find out how you can benefit from this change. Time is Running out.
If you go to www.FitToBuy.ca and enter your VIP Prize Code on the back of the ticket, you will be entered to win the RE/MAX Ultimate KitchenAid® Home Appliance Contest. Good luck!
Please let me know how you enjoyed the Home Show by emailing me at firstname.lastname@example.org
TORONTO, January 19, 2011 —
Greater Toronto REALTORS® reported 1,563
sales during the first two weeks of January 2011 – an 11 per cent decrease
compared to the first two weeks of January 2010.
“While off the record pace experienced last January, sales remain high from a
historic perspective and market conditions remain tight enough to support a
sustainable rate of price growth,” said Toronto Real Estate Board (TREB) President
The average price for transactions during the first 14 days of January was
$413,565, representing a five per cent increase compared to the first two weeks of
“Average price growth continues to be supported by a positive affordability
picture. A household earning the average income can afford mortgage payments
associated with the purchase of an average priced home,” said Jason Mercer,
TREB’s Senior Manager of Market Analysis.
Third Best Year for Existing Home Sales
Greater Toronto REALTORS® reported 4,395 existing home sales for the month of December, bringing the 2010 total to 86,170 – down by one per cent compared to 2009.
“Market conditions were anything but uniform in 2010. We went from super-charged sales activity during the first four months of the year, to a marked drop-off in transactions in the summer and then in the fall saw sales climb back to levels that are sustainable over the longer term,” said TREB President Bill Johnston.
“New Federal Government-mandated mortgage lending guidelines, higher borrowing costs and misconceptions about the HST caused a pause in home buying in the summer. As it became clear that the HST was not applicable to the sale price of an existing home and buyers realized that home ownership remained affordable, market conditions improved,” continued Johnston.
The average home selling price in 2010 was $431,463 – up nine per cent in comparison to the 2009 average selling price of $395,460. In December, the average annual rate of price growth was five per cent.
“At the outset of 2010, we were experiencing annual rates of price growth at or near 20 per cent. This was the result of extremely tight market conditions coupled with the fact that we were comparing prices to the trough of the recession at the beginning of 2009,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
“Balanced market conditions in the second half of 2010 resulted in more moderate home price appreciation,” continued Mercer. “Expect the average selling price to grow at or below five per cent in 2011. With this type of growth, mortgage carrying costs for the average priced home in the GTA will remain affordable for a household earning an average income.”
In December, the median price was $355,000, from the $349,000 recorded during December of 2009.