Volume #7, Issue #19
May 20 - May 26, 2016
l Your Loca
Listings
page 6 Should you Buy a House NOW?
E AT -D ST O P-T ATE Y U HE L A ST H T T WI s use -ho n e op ca/ ar. gd
page 8 Open Houses & Local Market Stats
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PuslinchHomes.ca MLS® #30520694
10 Acre Oasis: 3 min. from Guelph, 10 min. from the 401; 3 bd, 3 bth, sauna, pond, tennis/basketball court, double garage, 2 level barn/stable. Must be seen!
Steve Dawkins Broker
6784 Laird Rd. W., Puslinch
$825,000
OPEN HOUSE: Saturday & Sunday 11am - 1pm.
Visit PuslinchHomes.ca for Virtual Tour & Floor Plans Direct: 519-827-8434 | Office: 519-837-1300 | Toll-Free: 1-855-95-REMAX | steve@dawkins.ca
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Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
Guelph & District Association of REALTORS®
260 GEDDES STREET, ELORA Publisher The Guelph & District Association of REALTORS®
Production and Creative Design Craig Design • (519) 955-4416 • realestateupdate@gdar.ca
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REAL ESTATE UPDATE is printed & published every Friday and is also available in an online weekly digital edition at www.GDAR.ca. This issue is 8 pages without any inserts and available at convenient pick-up sites.
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WELCOME TO A THOROUGHLY UNIQUE HISTORICAL PROPERTY In the heart of the beautiful village of Elora. Featured in a design magazine, it is a rare completely intact one room school house from 1889 and combines the open interior space of a loft with the ambience of a century home. The schoolhouse opens out into a beautiful new addition built in 2009, which is fitted with high end finishes and a contemporary flair. $899,900
Advertising is exclusive to voting members only of the Guelph & District Association of REALTORS®. The publisher reserves the right to refuse any ad due to content or lack of protocol. Views expressed in any editorial found herein are not necessarily those of the publisher. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
Jennifer Hatch
Guelph & District Association of REALTORS® 400 Woolwich Street, Guelph, ON N1H 3X1 Phone: (519) 824-7270 Fax: (519) 824-6730
Sales Representative
Direct: 519-803-2653 www.JenniferHatch.com Sellingfergus@gmail.com
COVER IMAGE © Iriana Shiyan / Dollar Photo Club
Coldwell Banker Grand Homes Realty, Brokerage
127 Metcalfe St., Elora 519.846.SOLD (7653) 135 St. David St.S., Fergus 519.843.SOLD (7653)
www.EdgeRealtySolutions.com * Sales Representative ** Broker *** Broker of Record OPEN HOUSE
SATURDAY, MAY 21st 12:00-1:00 PM
7701 Sideroad 21, Alma Host: Paul Robinson* MLS® 30517911 $585,900
A Great Home With A 2000 sqft Shop 3 bdrm, 2 bath, 1975 sq.ft. Call Carl Wilkinson* MLS® 30516517 $399,900
Lovely family home in Elora 3 bdrm, 2 bath, 1475 sq.ft. 0.98 of an acre + powered 30’ x 40’ workshop Call Paul Robinson* MLS® 30517186 $454,900
A nice country setting with 1.24 acres of property 3 bdrm, 3 bath, 1885 sq.ft. • In-laws have their own separate 1560 sq. ft. garden suite in a private Call Carolyn Sullivan* MLS® 30508610 $649,900
Beautiful historic stone century home Overlooking Bissell Park on the Grand River 6 bdrm, 6 bath, 2800 sq.ft. Call Sharon O’Shea* MLS® 30518740 $789,000
A picturesque 6+ acres private rural setting 4 bdrm, 4 bath, 4150 sq.ft. Bungalow Call Paul Martin*** MLS® 30513685 $859,900
Now Under Construction 3 bdrm, 3 bath, 2050 sq.ft. MLS® 30518877 Call George Mochrie*/Amanda Lirusso* $359,900
A true nature lover’s delight 3 bdrm, 2 bath, 1550 sq.ft. 5 acres MLS® 30517339 Call George Mochrie*/Amanda Lirusso* $599,900
Ideal location located between Fergus and Elora 4 bdrm, 2 bath, 2250 sq.ft., 19.98 acres Call Rob Woods*** MLS® 30520549 $699,900
Executive bungalow on a premium estate lot Overlooking the lake 3 bdrm, 4 bath, 2212 sq.ft. Call George Mochrie*/Amanda Lirusso* MLS® 30516986 $769,900
Large family home sitting on 2 acres Backing onto the Irvine River • 6 bdrm, 5 bath, 3941 sq.ft. Call Kevin Cameron* MLS® 30517429 $1,295,000
Historic Riverfront Property 7 bdrms, 2/2 bath, 4864 sq.ft. • Sensational Stone home on a private 3+ acre lot along the Grand River Call Paul Martin*** MLS® 30501270 $1,350,000 www.monklandsriverestate.com
May 20 - May 26, 2016
Your Local Listings by REAL ESTATE UPDATE
1499 Gordon St., Guelph • 519-837-1300
Guelph & District Association of REALTORS®
238 Speedvale Ave. W., Guelph • 519-836-6365
782 Tower St. S., Fergus • 519-787-0203
Independently Owned and Operated Brokerage
w w w. r e m a x c e n t r e . c a The BEST HOUSE? The BEST SERVICE?
$219,900
NOT A COOKIE CUTTER CONDO!
$389,900
$284,500
“I always deliver!” 23 yrs experience. Hundreds of home sales. Hundreds of home inspections. The highest ethical standards. I should be working for you! Let’s get started!
TRACEY MANTON* 519-831-3335
www.traceymanton.com $529,900
39 HONEYSUCKLE DRIVE, GUELPH
Desirable 4 bedroom, 3.5 bathroom bungaloft in Village by the Arboretum
www.kristinandanita.ca
visit ROrehomegroup.ca search ‘ramonaostrander’
Charming 2 bed, 2 bath home in historic Phoenix Mill. Super spacious 2 storey floor plan with 9 foot ceilings & deep window wells. Great central location offers highway access as well as river side walking/biking trails, shops, restaurants, the farmer’s market and all that Guelph’s vibrant down town has to offer! DEAN MANTON** 519-821-4000 www.mantonteam.com #UPGRADEYOURAGENT
$699,000
7242 WELLINGTON RD 17, ALMA
Lovely Country Home on 2.73 Acres. Over 3200 sq ft of living space. This open concept home features a Gourmet Kitchen with large island. Large Games room, 3 Bay Garage. A beautiful sitting room to view Carroll Creek. Lots of room to grow. DEBBIE KURT* 519-766-6384
Please visit remaxcentre.ca
Ramona Ostrander*
3 Bedroom, 2Bath Condo Close to the 401. 1117 sq ft. Carpet Free Living. Low condo fee. Close to Stores, Restaurant, Cinema and much more. DEBBIE KURT* 519-766-6384
Perceptive and transparent service my standard; compelling communication & discerning action my tools for deliberate results. 519-837-1300
Guelph Homes .com
32 FIRST LINE, ELORA
$899,000
519-827-8434
$999,900
15 MAIN ST, MORRISTON
lis a n d i t ’s
SOLD!
There is a charming 2 plus 1 bedroom bungalow near the Wilson Farm House Park. Finished basement. Deck. Single garage. Well maintained. Appliances included. Income potential. Call PAT PRIOR* 519-830-9728
COMING SOON!
171 METCALFE ST., GUELPH
✔ solid brick bungalow with garage ✔ within walking of many amenitities ✔ updated 4 pc bathroom and kitchen
Guelph’s Definitive Real Estate Website STEVE DAWKINS**
P R It iOn gR
91 SIMMONDS DRIVE, GUELPH
60 LYNNMORE ST, UNIT #205
✔ laminate flooring in open concept living room, dinette, kitchen and 3 bedrooms on main floor
✔ separate entrance to the basement featuring
36 Acres. Large property located on the southend of Elora. Great investment. Contact for more information. DEBBIE KURT* 519-766-6384
finished rec room, 4th bedroom/den, laundry and workshop/storage down BONNIE MULLEN* 519-836-6365
WHAT’S YOUR HOME WORTH?
FREE Online Home Appraisal FAST! End Your Commute Here www.kristinandanita.ca
www.mantonteam.com
Independently Owned and Operated Brokerage RE/MAX REAL ESTATE CENTRE INC.
*Sales Representative
**Broker
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Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
Guelph & District Association of REALTORS®
HomeLife Power Realty Inc. Brokerage
INDEPENDENTLY OWNED AND OPERATED
1027 GORDON STREET, GUELPH (At Kortright Road)
519-836-1072
www.homelifeguelph.com www.homelifepower.ca Toll Free: 1-888-932-3548 homelife@homelifeguelph.com NEW SOUTHEND FAMILY HOME UNDER $500,000 Amazing family home perfectly situated on a pool sized pie shaped lot, on a Cul-De-Sac, and in the highly desired south end of Guelph. This almost 1500 sq.ft. 3+1 bedroom, 2+1 bathroom, 2 storey family property is ready for you to call it “HOME”. Please visit: www.34SagewoodPlace.com for more details. CHRISTIANNE CHILD and TERRA WHITE Listed at $469,900
4+2 BEDROOM 4 BATHROOM PIDEL BUILT HOME On a 61’ lot, almost 3,000 sq ft of finished living space ideal for a large family. New windows, granite countertops as well as newer roof and more. Lovely covered rear deck and bistro style side deck are great spots to relax and enjoy the day. Around the home you’ll enjoy the meticulously trimmed and maintained yard that is well cared for. Definitely worth a look. Call ANDREAS KRAUSE to see it today. Offered at $629,900
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TURNKEY INVESTMENT PROPERTY OR HOME. Southend just off Gordon St. 1250 sq. ft 2 storey Condo Townhouse with 3 bedrooms, 2 1/2 baths and finished basement. Attached single car garage. Low condo fees. 5 appliances included. Excellent investment. HAROLD LEE
I HAVE BUYERS FOR...
* Family South-end home on quiet street, up to $700,000 * Home near the U of G under $500,000 w registered unit * a Home along Skyway Drive, Guelph and another in Rockwood up to $600,000 WILL LENSSEN, 519-830-4799 Visit www.willen2sell.com
ONLY 1.5 KM FROM UNIVERSITY AND THE BUS STOPS IN FRONT OF THE COMPLEX
6 CASTLEBURY DR. $438,900 This beautiful home offers 1685 sqft open concept main floor with gleaming hardwood floor and many windows. 3 great sized bedrooms and 2 full bathrooms on the 2nd level. Huge master with ensuite. Large deck backing onto park field. Excellent west end location. close to park, school, shopping and all amenities. Show with confidence. LISA CHOU
This charming country home on the Saugeen river truly is a private paradise. Located in the town of Ayton 3 bdrms & 2 baths. Ideal family home which is very well maintained. JACKIE HARRISON and GASPER RUSSO
ATTENTION LANDLORDS Ready to Cash In? Looking for tri-plex’s, 4 unit or 6 units, etc. Please call HUGH PELOSO
RIVERSIDE PARK CONDO $295,000 Three bedroom or two bedroom plus den, your choice. This will make downsizing easier. Updated kitchen, baths, interior doors. Nicely decorated, crown moulding added. Laundry room in unit with lots of storage. Spacious enclosed balcony. Use of inground pool, tennis court, games room, workshop and of course Riverside Park and extensive Speed River walking trails. Enclosed, covered parking plus water and heat included in monthly fee. BRYAN MARQUESS 519 830 2756
Invest in yourself for only $35,000. A turnkey established operation is for the offing. The “E-Ride” business will go far in this economic atmosphere of conservation and eco sensitive industry. Everything is included for you to build upon an up and coming clientele. So, if you have small electric motor skills and an entrepreneurial spirit, then please, give me a call. Contact JANE HASTINGS
LOOKING FOR
Condo Townhome Central to North End of Guelph with green space influence. 2-3 bedroom, minimum 1.5 bath. If you are considering selling such a place, please contact COLIN MACDONALD 519-836-1072
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OPEN HOUSE: Sunday, 2:00-4:00 PM
Well maintained original owner occupied unit. Massive master bedroom and large finished family room is finished in the basement too. New furnace and flooring and freshly painted too. All appliances are included with the home. Not many units are as move in ready as this one! Very suitable for a family or as a student rental Call ANDREAS KRAUSE to see it today at 519-835-0120
I HAVE SERIOUS BUYERS
Located in the Phoenix Mill Heritage building and walking distance to downtown, this bright and charming 1100 sqft condo features 2 bdrms, 2 baths and in-suite laundry. Situated on the main floor of the building offering access to a party room and fitness center but that’s not all, did I mention the scenic stream that adds to the tranquil ambiance? JACKIE HARRISON
LARGE BUNGALOW
With 2 bedroom in-law suite backing onto Conservation. 2 minutes to Guelph. DON MCLAUGHLIN
SO
3+1 br, 2 bath, brick/vinyl raised bungalow on quiet crescent in good neighbourhood. Finished basement, attached single garage with interior access, original hardwood flooring in LR/DR, kitchen & hallway, extra large fenced back yard great for gardening, new shingles 2014. Come and visit, your host: CARL A. LEYBOURNE. $369,900
SEVERAL BUYERS LOOKING FOR
From every necessity to every luxury, the list of superior quality finishes though out this stunning home goes on and on. Open layout, custom kitchen, main floor office, mud room with doggie bath, triple car garage and more. This pristine home is finished from top to bottom; surrounded by 9.2 picturesque acres and minutes from Guelph & Cambridge amenities. JACKIE HARRISON
1) In the Lourdes school region, flexible closing 2) Looking to close beginning of July 3) Looking to close beginning to mid-August
BRIGHT AND NEWLY RENOVATED 1308 sq ft condo is move in ready! This great starter home has nothing left to do but move in and enjoy! NITSA ELIOPOULOS.
Maria Annable
Sales Representative
Debbie Askin
Haosen Cai
2 FOXWOOD CRES $589,900 A fabulous 2 storey home with 4 Bedrooms and 4 bath on a walkout lot. Finished basement. Home in desirable family neighbourhood. For private viewing call MANI MATTU today! 519-546-4411
Christianne Child
Sales Representative
Sales Representative
Sales Representative
Carl A. Leybourne
Colin MacDonald
Bryan Marquess
Sales Representative
Broker
Broker
Lisa Chou Broker
Mani Mattu
Sales Representative
Baz Durzi
Sales Representative
Don McLauglin
Sales Representative
If you are considering selling your home and it fits any of the above, please contact
DEBBIE ASKIN at 519-766-2710
Nitsa Eliopoulos
Sales Representative
Sean Myslik
Sales Representative
Natasha Gosse
Sales Representative
Hugh Peloso
Sales Representative
! LD
Jackie Harrison Broker
Rob Pigozzo
Sales Representative
Jane E. Hastings
Sales Representative
Sarah Rubenstein
Sales Representative
Susan Kenny
Sales Representative
Gasper Russo
Broker of Record
Andreas Krause Broker
Glenn Stanley
Sales Representative
Harold Lee Broker
Nancy Vallance
Sales Representative
Will Lenssen
Sales Representative
Terra White
Sales Representative
Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
GUELPH
214 Speedvale Avenue W. T: 519.821.6191 TF: 800.475.2251 speedvaleoffice@royallepage.ca
Guelph & District Association of REALTORS®
GUELPH
848 Gordon Street T: 519.824.9050 gordonoffice@royallepage.ca
GUELPH
ShowCase of Homes, Stone Road Mall royalcity@royallepage.ca
ROCKWOOD
295 Alma St. Unit 1 T: 519.856.9922 rockwoodoffice@royallepage.ca
www.royalcity.com
D E T S I L T D S U J AN
SO
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7234 Wellington Road 30
5546 Fourth Line
6888 Sixth Line
HOBBY FARMERS CAUGHT DROOLING - 44 ACRES
1 ACRE BUILDING LOT IN ERAMOSA
PRIVATE COUNTRY LIVING
Situated minutes from Guelph, with over 2,400 sq. ft. of living space, 4 BRs and 5 baths, a main floor master with ensuite, a large formal dining room and 2 car garage, this home will entice many different lifestyles. Big ticket items that have been taken care of include; paving of driveway (2014), new furnace (2014), new roof (2012), power in garden shed (2013), new front deck and back patio (2013). Your chance at this spectacular property for the first time since 1993, don’t miss it this time! John Clark* & Lorna Ronald*. $889,000
A rare find! A flat, then very gently sloping 1 acre lot on a quiet country road ten minutes from Guelph. A great opportunity to build your dream home with a southwest exposure. John Clark* & Lorna Ronald*. $299,000
Looking for privacy in the country between Fergus and Orangeville? This large, 5 bedroom country home on 4 acres near Belwood might be the perfect spot for you. Situated on a paved road, this 2000+ square foot home offers a huge great room, cozy wood stove, large 32’x40’ steel clad shop with updated concrete floor and southwest exposure. Updated forced air propane furnace and water heater. Call to view! John Clark* & Lorna Ronald*. $460,000
198 Glasgow Street North, Guelph
55 Bridle Path
6 Oakridge Cres., Guelph - Sun., May 22nd, 2-4 PM
SOUTH END 4 BEDROOM HOME With walk-out finished basement, inground pool and backing on to park. Flowing open-concept layout, main floor laundry, quiet crescent and located close to schools, amenities and trails. Please Call Stephanie Riley* 519-821-6191. $859,900
54 Downey Rd., Guelph - Sat., May 21st, 2-4 PM
SPRAWLING 2-STOREY HOME
1870s ONTARIO COTTAGE
FIRST TIME OFFERED...
Situated in an exclusive pocket on a 164 x 264 ft lot with triple car garage. Gorgeous grounds surround the inground pool and meticulous landscaping. Main floor master suite, formal principal rooms and incredible lower level with rec room, games room guest room and 350 sq ft workshop. Please Call Stephanie Riley* 519-821-6191. $1,277,000
Lovingly updated and maintained to retain its historical value. The front enclosed portico has intricate wooden details, which are noted on the Guelph Walking Tour. The rear addition is a family hub with a gourmet, bright kitchen, a dinette area, 2 pc bath and laundry room plus an additional 4 pc bath -all with a view of perennial gardens, water feature, inlaid cut stone patio and quaint and cozy garden shed/ studio with hydro. The finished attic area is the master bedroom with a gas fireplace, 3 skylights and 3 pc bath. There is also a sitting area with garden doors opening out to a romantic balcony. A COMPLETE GEM. John Clark* & Lorna Ronald*. $734,900
This delightful family home sits on a rare 65X140 foot lot convenient to Hwy 401, shopping, “y” and popular Kortright Hills Public School. Vaulted ceiling, French Doors, hardwood floors and professionally finished walk out basement, are just a few features enjoyed in this lovely home. You can relax and enjoy the sound of the waterfall and a spectacular view of the well manicured garden from the dinette with large bay windows, spacious (composite) deck or private covered patio. This is a must see!!! Ranee Padayachee* 519 821-6191. $594,900
T S JU
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26 Oak Street
! LD
Concession 7, Puslinch
67 Old Ruby Lane
CAMPUS ESTATES HOME ON 70’ LOT
VACANT PUSLINCH ACREAGE
“GOOD” BUILDS BETTER
This renovated, 1800 sq.ft. sidesplit awaits a family to move in and enjoy it. Four BRs, 2 baths, finished basement and attached garage. Featuring a main floor BR with beautiful updated 3 pc. ensuite, and 3 more BRs and a main 5 pc. bath upstairs. Hardwood floors in the living and dining rooms, joining the renovated kitchen with custom cream cabinetry, glass backsplash, crown moulding and pot lights. Kitchen and both baths offer heated floors! The all season sunroom offers added casual space for a family to enjoy and overlooks the deck and fabulous yard. This desirable area is waiting for you! John Clark* & Lorna Ronald*. $579,900
Conveniently located just minutes south of Guelph, this lovely and scenic 52+ acre lot is awaiting your plans. The property has easy access to Hanlon Expressway (Hwy 6) and is less than 3 km north of Hwy 401. Contact Frances Snider* at 519-824-9950 ext. 235 and Turn your Dreams into an Address today! $1,299,888
A truly custom built, one owner bungalow by George Good, one of the area’s premier builders! This 2,500 sq. ft. home with finished walkout basement (w/in-law suite) features a large kitchen with stainless appliances & working island with handy seating area. 3 BRs up, main floor laundry with an abundance of working space and ideally used as a mud room off of the large and bright 3 car garage! The master features a 5 pc. ensuite with double vanity, glass shower and soaker tub, along with patio doors to the deck. The large lot offers many outdoor possibilities. A must see in the Estates at Audrey Meadows. John Clark* & Lorna Ronald*. $1,399,000
JUST LISTED! 20 Walkerbrae Trail
EXECUTIVE RURAL LIVING W/POOL This beautiful 2-storey with main floor master suite is nestled on an expansive, treed lot in a quiet rural-residential community just north of Guelph. Offering over 2800 sq. ft. of living space on 1 acre. Three-sided gas fireplace which can be enjoyed from the living room and kitchen. A gourmet Paragon kitchen with cream cabinets, granite counters, travertine backsplash, under cabinet lighting and pantry is the ultimate work/entertain area, with a large island. There is an adjacent dinette which overlooks the large backyard with mature trees, offering an outdoor summer oasis with a large patio area, in-ground pool and enough room to relax, play and grow a family. Upstairs are 3 BRs and a 4 pc bath. Basement is finished with a rec room, theatre room, 2 pc bath, storage and laundry/ utility area. Minutes from Guelph, close to the tri-cities and many amenities. Can this one miss any of your criteria?. John Clark* & Lorna Ronald*. $994,900
Visit www.royalcity.com for more great homes. NO SIGN-UPS.. JUST CLICK AND VIEW! †
Licensed Assistant
*Sales Representative
**Broker
***Broker of Record
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Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
Guelph & District Association of REALTORS®
Photo: © Stock Photo Secrets
6
SHOULD I BUY A HOUSE NOW or wait until I have more money saved?
Canada Mortgage Housing Corporation (CMHC) has some interesting statistics available on home purchases. It normally takes people nine to fourteen months to decide to move. However, once someone has made the decision, they normally act promptly when they see a house they’d like to buy. One of the most common questions I get is, “Should I wait to buy a home until I have more money saved?” I think that good job stability and credit history are almost more important that having a significant down payment on a house. Job stability will give you the financial means to pay for the home expenses. Mortgage lenders are now conservative to whom they lend to. A good credit history is mandatory if you’re putting less than 20% as a down payment on your first house. And your credit history proves you can pay your financial obligations on time. Buying a home is likely the largest financial purchase you will make in your life. As a mortgage professional, I’m programmed to take the financial approach. Let’s consider if it makes sense to buy a house now with a minimal down payment, or wait until you have more money saved. Most first-time homebuyers can purchase a decent condo or home for the price of $280,000. With $14,000 (5 per cent) as a down payment, the monthly mortgage payment will be approximately $1,365.
Home prices are slated to rise in the next year. The average price increase in Guelph, over the last forty years, has been approximately 6 per cent. However, let’s take a conservative estimate in this example. If home prices increase only by 4 per cent in the next year, the same house you can buy today for $280,000 will cost $11,200 more in a year or $291,200. Assuming that mortgage rates increase by 0.75% in the year, the monthly mortgage payment will increase by about $43 per month, or it will cost you an additional $2580 over the 5-year mortgage term. In order to circumvent these increases, the
borrower would need to put 10% as a down payment to get a similar mortgage payment. They will need to save an additional $15,100 more in a year, or about $1,260 more per month over 12 months. If you don’t have the 5 per cent as a down payment, some good mortgage lenders are still offering mortgages with borrowed down payments to people with excellent credit and job stability. Waiting another year to buy your first home can be costly. If you have good credit and job stability, be proactive with your financial future and purchase a home. More and more individuals are buying homes as single people too!
•
BUY NOW OR WAIT
the hazards of market timing and waiting to buy your first house BASE SCENARIO
SCENARIO 1:
SCENARIO 2:
SCENARIO 3:
Home prices stay the same. Interest rates increase by 0.75%
Home prices increase by 4% Interest rates increase by 0.75%
Home prices decrease by 2% Interest rates increase by 0.5%
HOME PRICE
$280,000
$280,000
$291,200
$274,400
DOWN PAYMENT
$14,000
$14,000
$14,560
$13,720
INTEREST RATE
Current rate 2.80%
3.55%
3.55%
3.30%
MONTHLY MORTGAGE PAYMENT
$1,269
$1,375
$1,430
$1,312
In each scenario, if you decide to wait for a year to buy your first home, you’ll pay more per month for your mortgage. If you have three to five percent of a down payment saved, and have good job stability and credit you can likely qualify for a mortgage! Why wait?
— ARTICLE SUBMITTED BY SANDRA LASTOVIC, THE MORTGAGE CENTRE —
Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
Guelph & District Association of REALTORS®
7
CONNEX REALTY INC.
Real Estate Brokerage • Independently Owned and Operated Gordon Dawe
Tyler Dawe
Adam Bendig
John Gaida
Sydney Fisher
Michele Dawe
Sales Representative
Sales Representative
Sales Representative
Sales Representative
Broker of Record
106 MAIN ST N, ROCKWOOD, ON N0B 2K0
123 Bernardi Cres., Rockwood
OPEN HOUSE: Saturday, May 21st 2:00-4:00 PM
3 BEDROOM BRICK BUNGALOW
With Main Floor Laundry, Eat-In Kitchen, Living Room With Beautiful Hardwood Floors, Gas Fireplace & Walkout To Yard, Master Bedroom Has A Double Closet & A 4 Piece Ensuite, 2 More Good Size Bedrooms, Downstairs Has A Large Rec Room & Rough In For Bathroom, Covered Front Porch, Paved Driveway & Double Car Garage. Michele & Gord Dawe. $519,000
519-856-4348 OR TOLL FREE 888-656-4348
142 York Rd, Unit #15, Guelph
Sales Representative
187 Jolliffe Ave., Rockwood
108 MacLennan St., Rockwood
WELL CARED FOR HOME IN THE SCENIC VILLAGE OF ROCKWOOD
This home has been waiting for you. The moment you step in the front door you’ll fall in love with the charm & feel of this family home. Whether it’s the sunken family room, open concept dining room or the kitchen overlooking the great yard, the main floor just invites you in. Enjoy gardening while watching the kids swim in the pool! John Gaida. $575,000
INVESTMENT OPPORTUNITY IN PRIME STUDENT LOCATION!
4 Bdrms (all above ground), 2 full bathrooms, 2 rooms with balconies & a great view of York Rd, park & the covered bridge. Fantastic location! Walking distance to U of G & Guelph’s downtown shops, restaurants & more! Located on a direct bus route. Great for quick transportation throughout the city. Large unfinished bsmnt with oversized egress windows, 3pc rough-in & ensuite laundry. Affordable 4 bdrm townhomes like these don’t last long. Tyler Dawe & Adam Bendig. $279,900
Large Foyer With Ceramic Floor, Hardwood Floors Throughout, Living Room With Gas Fireplace & Vaulted Ceiling, Spacious Kitchen With Granite Counters, Centre Island, Built-In Appliances & Walkout To 12 X 6 Ft Deck. Separate Dining Room. Michele & Gord Dawe.$456,900
WELCOME HOME
LARGE 1 BEDROOM (possibly 2) Country Property for Rent. $1,500/month inclusive. References & past tenancies required. Call Gord or Michele. 178 Alma Street, Rockwood
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219 Riverplace Crt., Milton
O S
A RARE & UNIQUE FIND!
UNIT #3
Main Plaza location in Rockwood fronting on Hwy #7, good exposure & parking. TMI estimated at 5/sq.ft. Gord Dawe. $800/Mnth
UNITS #7 & #8
2 units, both are 1000 sq. ft. each & each unit is $1,100/month + TMI - Right on Hwy #7 in Rockwood, great exposure, adequate parking. Gord Dawe
Bungalow on a huge lot in Old Milton. This cozy 3 bedroom bungalow is situated on a quiet cul-de-sac in Old Milton & is within walking distance to 3 schools, parks & shopping & an easy drive to the 401. Built on a fenced irregular pie shaped lot, one of the largest private & mature lots in Old Milton. Lot is filled with large mature trees & perennials This is a quiet friendly neighbourhood with lots of space for children to play in safety. Michele & Gord Dawe $639,000
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211 Christie St, Rockwood
O S
SUMMER IS COMING!
Sit On The Deck & Lookover Your Private Backyard. Bungalow In Mature Family Neighbourhood & One Of The Best Backyards In The Village. Living Room With Large Picture Window, Eat-In Kitchen With Walkout To New 9.8X19.11 Deck. Separate Dining Room. Lower Level Features Large Rec Room With Woodburning Insert & Walkout To Yard, 3rd Bedroom, Office, Laundry & 4Pc Bath. Michele & Gord Dawe $459,900
FUSION BUILT FREEHOLD TOWNHOUSE OPEN HOUSE: Sat., May 21st from 1:00-3:00 PM 33 Mussen St., Guelph This Fusion built executive freehold town home in the city’s quiet north end has great space at 1,555 square feet and plenty of upgrades. Come see us this weekend to see how it could work for you.
$384,900
www.howREALTORShelp.ca
Jeff Morley Sales Representative
jeffmorley@royallepage.ca www.jeffcmorley.ca
www.royalcity.com
519-821-6191
8
Your Local Listings by REAL ESTATE UPDATE
May 20 - May 26, 2016
Open Houses! Saturday, May 21
Sold by a REALTOR
st
®
MLS® Market Analysis
CITY OF GUELPH
CENTRE WELLINGTON TOWNSHIP
TOWNSHIPS OF PUSLINCH AND GUELPH-ERAMOSA
Number of Homes
Number of Homes
Number of Homes
Includes detached, semi-detached, townhouses, & apartment units
Includes detached, semi-detached, townhouses, & apartment units
Includes detached, semi-detached, townhouses, & apartment units
Sold Year-to-Date
2016
847
2015
802
2016 Trending: Up 6% from 2015
Sold Year-to-Date
2016
138
2015
Sold Year-to-Date
2016
2016 Trending: Up 27% from 2015
2016 Trending: Down 7% from 2015
Average Sales Price Average Sales Price Average Sales Price Year-to-Date
Year-to-Date
Year-to-Date
Includes detached, semi-detached, townhouses, & apartment units
Includes detached, semi-detached, townhouses, & apartment units
Includes detached, semi-detached, townhouses, & apartment units
2016
$395,303
2015
$360,178
2016 Trending: Up 10% from 2015
Home Selling
2016
$365,205
2016
2015
$371,480
2015
2016 Trending: Down 2% from 2015
Home Selling
Includes detached, semi-detached, townhouses, & apartment units
23
2016 Trending: Seller’s Market
2
40
2016 Trending: Seller’s Market
1:00-3:00 PM
33 Müssen Street, Guelph
Jeff Morley
Royal LePage Royal City Realty Re/Max Connex Realty Inc.
$519,000
2:00-4:00 PM
123 Bernardi Cres., Rockwood
Michele & Gord Dawe
$585,900
12:00-1:00 PM
7701 Sideroad 21, Alma
Paul Robinson
Edge Realty Solutions
$594,900
2:00-4:00 PM
54 Downey Road, Guelph
Ranee Padayachee
Royal LePage Royal City Realty
$825,000
11:00-1:00 PM
6784 Laird Rd. W., Puslinch
Steve Dawkins
Re/Max Real Estate Centre Inc.
Open Houses! Sunday, May 22
Months of Inventory
3
2016
PRICE
TIME
ADDRESS
REPRESENTATIVE
BROKERAGE
$438,900
2:00-4:00 PM
6 Castlebury Drive, Guelph
Lisa Chou
HomeLife Power Realty Inc.
$825,000
11:00-1:00 PM
6784 Laird Rd. W., Puslinch
Steve Dawkins
Re/Max Real Estate Centre Inc.
$859,900
2:00-4:00 PM
6 Oakridge Cres., Guelph
Stephanie Riley
Royal LePage Royal City Realty
UPDATED OPEN HOUSES
Home Selling
Includes detached, semi-detached, townhouses, & apartment units
1
$384,900
2016 Trending: Up 17% from 2015
Includes detached, semi-detached, townhouses, & apartment units
# Days on Market
BROKERAGE
$521,170
Indicators (previous month)
Months of Inventory
REPRESENTATIVE
Visit gdar.ca/open-houses for “Up-to-the-Second” Open House listings from local REALTORS®
Indicators (previous month)
# Days on Market
ADDRESS
$608,696
Indicators (previous month) Months of Inventory
TIME
nd
75
2016
PRICE
70
2015
109
Guelph & District Association of REALTORS®
# Days on Market
38
TH WI S! E T NG DA I TO LIST uses P U EST -ho Y n STA E L AT /ope TH ar.ca gd
2016 Trending: Seller’s Market
Updated April 30, 2016. Sales information has been drawn from sources deemed reliable, but accuracy and completeness of the information is not guaranteed. The Guelph & District Association of REALTORS® does not assume any responsibility or liability, and all numbers should be independently verified.
THINKING OF THINKING OF BUYING A HOME? BUYING A HOME?
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REALTORS is a trademark controlled by the Canadian Real Estate Association. Used under license. WE DO THE HOMEWORK is a trademark of the Ontario Real Estate Association. REALTORS is a trademark controlled by the Canadian Real Estate Association. Used under license. WE DO THE HOMEWORK is a trademark of the Ontario Real Estate Association.
PREPARED BY: CLIENT: TRIM SIZE:
RYAN EDWARDS OREA GUELPH ASSOCIATION 10.375"W X 5.85"H
PREPARED BY: CLIENT: TRIM SIZE:
RYAN EDWARDS OREA GUELPH ASSOCIATION 10.375"W X 5.85"H
COLOURS:
COLOURS:
CMYK
CMYK
THINKING OF