The Real Estate Book of Kitchener, Waterloo, Cambridge, Brantford & Region, ON - Vol 31#3

simply breathtaking. With nearly 4,800 square feet

living space, there is plenty of room to entertain. Engineered wood

heated tile flooring can be found throughout the home. The finished basement is perfect to entertain by the wet bar or cozy up to the fireplace. With grand curb appeal, and a massive lot, this home is close to all amenities and is loaded with features and upgrades.

MLS®

$660,000.00 OUT OF CITY to this 1800’s era country home.

3000 sq. ft., 3 bedroom, 2 baths, 42’ x 30’ shop (2007), hobby barn, 1.6 acres, near Kincardine and Port Elgin (Western Ont.).

MLS® 40335905

TEXT CODE RBJPDWD

$619,500.00 BUILT IN 2018, Bungalow finished 2 levels, Tiverton (3 miles from Lake Huron) secluded within treed boundaries, 2 blocks to most amenities, multi-living spaces in 5 bedrooms, 2 kitchens, 3 baths.

MLS® 40381964

TEXT CODE RBJPDWK Gladys Munro

| 519.396.3300

| 519.389.8242

508 Riverbend Dr., Kitchener, ON N2K 3S2

We are thrilled to be a part of "Your Sandbox" and sharing space with Coldwell Banker Peter Benninger Realty, Brokerage

lester tobin*

wendy liddle**

Charlene Randle-Clayton*

kelly ruston*

Nathan steffler*

dave tidd*

paul herlick*

holly agnew*

charlotte ferguson*

REAL ESTATE FRAUD

Protect Yourself from Real Estate Fraud

REAL ESTATE & YOUR LAST WILL AND TESTAMENT

Transfers to my children and grandchildren

REAL ESTATE & YOUR LAST WILL AND TESTAMENT

What is Real Estate Fraud?

Transfers to my children and grandchildren

What is Probate?

Real estate fraud can take many forms. The most egregious form of fraud involves title to your property being transferred so you are no longer listed as the owner. Other forms include mortgage fraud that allows fraudsters to pocket cash from unsuspecting lenders.

What is Probate?

How to Protect Against Real Estate Fraud?

Probate is the process of confirming your will. It includes a tax paid to the Ontario government on the value of your estate under the Estate Administration Tax Act There is no tax on estates of $50,000 or less. The estate tax is $15/$1,000 of value over $50,000. The estate tax on a $500,000 estate is $6,750; on a $1,000,000 estate, $14,250.

Probate is the process of confirming your will. It includes a tax paid to the Ontario government on the value of your estate under the Estate Administration Tax Act. There is no tax on estates of $50,000 or less. The estate tax is $15/$1,000 of value over $50,000. The estate tax on a $500,000 estate is $6,750; on a $1,000,000 estate, $14,250.

Should I Avoid Probate?

Real estate transactions in Ontario are highly secure. Teraview is the government regulated platform where all real estate transactions are completed. There is a complex and sophisticated procedure to be approved to use the Teraview system. Any transfer of property requires a lawyer that is licensed to practice law in Ontario by the Law Society of Ontario, insured for real estate transactions by the Lawyers’ Professional Indemnity Company and approved by Teraview. There are a number of safeguards that a qualified lawyer and their staff must complete on all real estate transaction.

If you listen to the ads on the radio, online and in social media, the answer is yes.

Should I Avoid Probate?

If you listen to the ads on the radio, online and in social media, the answer is yes.

We take a different approach Your will is an extremely important document, that should be crafted with care and precision to ensure your estate is distributed according to your wishes

We take a different approach Your will is an extremely important document, that should be crafted with care and precision to ensure your estate is distributed according to your wishes.

What is the value of probate?

Probate ensures your executor is properly appointed, with notice and accounting to your beneficiaries, and ensures your estate is distributed according to your wishes.

What is the value of probate?

Even with all of these safeguards, there are times when the system has been breached by sophisticated operatives, people whose only goal is to scam and cheat people out of their property and money.

Probate ensures your executor is properly appointed, with notice and accounting to your beneficiaries, and ensures your estate is distributed according to your wishes.

What about Real Estate?

What Steps Should I take?

What about Real Estate?

First and foremost, know your lawyer, real estate agent, mortgage broker and lender. Do business with people you know and trust. Contact your lawyer if real estate fraud has been committed against you reverse the transaction, to obtain compensation and possibly take steps against the fraudsters.

In some instances, you may want to transfer your real estate: home, cottage or investment property prior to death. But sometimes not. Estate taxes and capital gains taxes are an important consideration. Ensuring you are cared for, have a place to live and have enough money in your elderly years is more important.

In some instances, you may want to transfer your real estate: home, cottage or investment property prior to death. But sometimes not. Estate taxes and capital gains taxes are an important consideration. Ensuring you are cared for, have a place to live and have enough money in your elderly years is more important.

Contact Kraemer LLP today and let us advise you on this and any other legal questions you may have.

Contact Kraemer LLP today and let us advise you on this and any other legal questions you may have.

Contact Kraemer LLP today and let us advise you on this and any other legal questions you may have.

Patrick J. Kraemer President & Managing Partner Kraemer LLP

Patrick J. Kraemer President & Managing Partner Kraemer LLP

Patrick J. Kraemer President & Managing Partner Kraemer LLP

KAYLEY SPALDING

SALES REPRESENTATIVE

THREE MILE LAKE $1,649,900

Boasting four bedrooms and two full bathrooms this sprawling 1,919 sq ft bungalow is the perfect layout. The large, open concept kitchen has been tastefully updated, spacious dining room opening into the living room with soaring cathedral ceiling.

LUXURY BUNGALOFT $1,599,900

This spectacular home offers the perfect 'Toronto meets Muskoka' style showcasing tons of high-end features and finished throughout. Great room with a cathedral ceiling, and a statement wood burning fireplace & modern gourmet kitchen

EXECUTIVE HOME $1,299,900

This popular 'Muskoka' bungalow floor plan showcases upgraded features & finishes throughout 3,240 sq ft of living space! Open-concept principal rooms, including gourmet kitchen, a spacious dining room, and living room with gas fireplace.

BREATHTAKING HOME $1,695,000

This fabulous bungalow boasts 3,082 sq ft of finished living space. Offering four bedrooms and three and a half bathrooms, a relaxing wood lined sunroom and rear deck with glass railing looking out to the fairway, plus a detached car garage!

MUSKOKA RIVER $1,949,900

Enjoy exceptional water views from almost every window. Immaculately maintained home boasting a total of 5,369 sq ft of finished living space Complete with 3 kitchens, 5 bedrooms, 4 bathrooms, 2 separate laundry areas, and a home gym!

Custom designed and built main cottage, plus detached studio for guests, and detached three car garage. The main cottage boasts a fabulous 3-bedroom, 2-bathroom floor plan, bright and open great room with cathedral ceiling.

WOOD LAKE $2,399,900

Truly magical year-round family cottage resting on a private 4+ acre property with 490 feet of frontage and desirable Western exposure on Wood Lake in Muskoka! This cottage boasts 3 bedrooms & 2 full bathrooms across 2,778 sq ft of living space.

PENINSULA LAKE $1,595,000

Stunning Swiss chalet with an inlaw suite is just steps away from Hidden Valley Ski Resort, within walking distance to deeded water access on Peninsula Lake, creating the perfect year-round home, cottage, or investment opportunity.

PENINSULA LAKE $2,999,900

This truly exceptional 1.15-acre waterfront estate on Peninsula Lake boasts a total of 4,838 sq ft of living space with 4 beds, 3.5 bath, plus a separated Pan-Abode log studio offering 2 additional beds + den, 1 bath, private driveway and dock!

EXECUTIVE HOME $2,199,900

$2,500,000 RBHXKPY HISTORIC CARNEGIE LIBRARY located in downtown Galt. Elegantly repurposed into a beautiful office building overlooking the Grand River. Excellent opportunity for owner/user.

MLS® James Boudreau** Ext. 3020

$4,300,000 RBJMSXD HIGH PROFILE REDEVELOPMENT SITE in growing residential area. Existing building is currently occupied by Tenant. Great opportunity! MLS® James Boudreau** Ext. 3020

$6,000,000

RBJPCVG RETAIL INVESTMENT PROPERTY Fully leased to Two retail Tenants on 1.51 Acres with outside paved yard. This property is located on one Brantford busiest traffic nodes and has excellent accessibility to Highway 403, Wayne Gretzky Parkway as well as other prominent nodes throughout the City. MLS® Lester Tobin* Ext. 3023

$289,000

RBJHFYW BUSINESS FOR SALE British Pub Restaurant with old world charm, ambiance and cuisine. Located in Waterloo near Uptown and Universities. Liquor license for 65 dining room and 25 patio. On-site drive up parking. All equipment and furniture including kitchen hood and walk in cooler.

MLS® Lester Tobin* Ext. 3023

$3,200,000

RBJLWSV SERVICE

COMMERCIAL w/ showroom area,10' clear height, 2 drive-in doors. 75%open shop space, ample on-site parking for car sales, frontage onto Weber. Zoning permits many uses. Also available for lease. Contact for more info. MLS® Chad Ritzer* Ext. 3033

$19,500,000

RBHFKND RESIDENTIAL REDEVELOPMENT

Opportunity in the heart of Guelph Ontario, has a vista of 1,500' along the Speed River, and over 1,300' along the Downtown Guelph Trail. 4 Separate Lots Being Sold Together. MLS® Eric Frey* Ext. 3118 John Hoffman* Ext. 3040

$5,000,000

RBJPCVF RETAIL INVESTMENT PROPERTY

Single Tenant Fully Leased on 2.27 acres with outside storage. Located on high traffic node on Highway #7 at Highway #6 (Hanlon Expressway). MLS® Lester Tobin* Ext. 3023

$129,000

RBJBYQL ESTABLISHED SANDWICH RESTAURANT w/ equipment + open style kitchen. End unit located uptown in The Shops of Waterloo Town Square. High profile plaza with great Tenant support. High volume traffic. Onsite parking available. Not a franchise. MLS® Lester Tobin* Ext. 3023