The Real Estate Book of Kitchener, Waterloo, Cambridge, Brantford & Region, ON - Vol 31#9

Quaint 2 bedroom, 1 1/2 storey home just minutes to park, schools, the Gaslight District, library. Deep lot - 135 ft. Mature trees.

End unit bungalow condo. Fully finished. 2 beds, 2 baths. Open concept kitchen/dinette and living room. sliding doors in the living room lead to the deck.

Located in south Kitchener, this executive home offers many perks. Open concept kitchen/living room - great for entertaining, sliding doors in dining room lead to tiered deck with pergola and outdoor gas fireplace.

Top floor condo unit overlooks part of the downtown Galt core. Inside parking. Controlled entry. 2 beds, 2 baths. Large bay window with great view.

33 MIDDLETON STREET CAMBRIDGE | MLS #40476650

114-20 ISHERWOOD AVE CAMBRIDGE | MLS #40469952

541 DEER RIDGE DR KITCHENER | MLS #40458669

304 - 4 ALBERT ST CAMBRIDGE | MLS #40468360

Coldwell Banker Peter Benninger REALTY, BROKERAGE Coldwell

2023 Monthly Achievers

Bev hepburn** Kelly ruston*

danielle bouchard*

kim schaefer*

MARIUS URZICA* Ben Rier*

Elisabeth king*

SONJA MINER*

kim schaefer*

Gaye Males**

Bev hepburn**

Marlene voisin**

Wendy Liddle**

Kelly ruston*

Rebecca Mcintosh*

lESTER TOBIN*

Randeep Brar*

Greg Scheel*

danielle bouchard*

SONJA MINER*

Rebecca Mcintosh*

Greg Scheel*

Gaye

Bev hepburn**

Marlene

Coldwell

Bev hepburn**

$1,125,000. West Grey: In a country subdivision, this custom built home has been elegantly finished with hardwood floors, vaulted ceiling, large windows, & walkout basement. MLS•

$599,900. Mount Forest: Century home w/3 BRs &2.5 BAs rebuilt!! New fl. joints, floors, windows & doors, insulation, drywall, kit w/quartz counters. New plumbing, electrical & heating.MLS• RBJVFPC

$539,900. Mount Forest: Family home on over 1/4 acre lot with an enclosed mudroom/sunroom, large principal rooms, ground floor laundry/pantry & a ground floor master bedroom. MLS•

$664,400. Mount Forest: Looking for the perfect bungalow for easy living with 2 beds, 3 full baths & 2,400+ sqft of finished living space? This 3 year old townhouse is the perfect fit. MLS• RBJXHKN

$659,900. Mount Forest: This end unit townhouse with an attached double car garage is 1 of only 2 in Mount Forest. Additional fully finished 2 bedroom in law suite with kitchen & washroom.MLS•

$399,900. Mount Forest: If you are looking for an affordable quality lifestyle, please read further. This 2 bedroom unit is one of only 6 end units in this 29 unit, self managed condo building. MLS• RBJWFNH

$624,900. Palmerston: Ready for Sept 2023 occupancy! Brand new 3 beds, 2 baths semi-detached home located on a cul-de-sac close to many amenities of the thriving town of Palmerston. MLS• RBJVFNT

$999,000. Minto Twp: Nestled in a peaceful rural setting, With 4 bedrooms, 3 bathrooms, 2 lounges, and 2,898 sqft of finished space, there is lots of room to relax and entertain guests. MLS• RBJVFNV

$269,900. Moorefield: Modular home on leased land feat. lrg BRs, & open concept living, dining & kitchen areas. Feat. incl. 8'x20'3 season sunroom, 8'x14' deck & storage shed w/ hydro. MLS•

$969,900.

Brian Padfield Sales Representative

William I. Nelson Broker of Record

Sharon Wenger Broker

Drew Nelson Broker

Jessica McFarlane Sales Representative

Brett Parker Broker

Rachel Whetham Sales Representative

RBJXHKL

RBJXHKM

RBJWLRN

RBJVFNX

Mount Forest: New bungalow! This Schwindt built bungalow has all the features normally found in a Schwindt home. Approximately 1500 sq foot. *image not exactly as shown* MLS• RBJWFLD

$749,900. Mount Forest: This Newly built, 3 bedroom, 3 bath semi-detached home is located in Mount Forest. Featuring a well laid out floor plan with large principal rooms. MLS• RBJWFMG

$1,199,900. Glenelg Twp: Minutes from Irish Lake, Lake Eugenia & a short drive to the ski hills. This 1,950 SF 3 Beds, 2 Baths home has so many custom features which set it apart from the crowd.MLS• RBJWFLX

Kim Schaefer, Realtor®

Direct | 519.589.5996

Office | 519.742.5800

Kim@soldbyschaefer.com | www.soldbyschaefer.com @kwcluxuryhomelady

Kim Schaefer, Realtor®

Direct | 519.589.5996 Office | 519.742.5800

Kim@soldbyschaefer.com | www.soldbyschaefer.com

@kwcluxuryhomelady

Welcome to 144 Park St, Unit 1310

Luxury living at its finest! This 2 Bed, 2 Bath spacious 1115 sq ft condo offers an abundance of natural light thanks to the panoramic floor to ceiling windows, but also boasts another 315 sq ft of amazing balcony space wrapping this sought after condo!

Welcome to 144 Park St, Unit 1310 in the Heart of Downtown Waterloo!

Luxury living at its finest! This 2 Bed, 2 Bath spacious 1115 sq ft condo offers an abundance of natural light thanks to the panoramic floor to ceiling windows, but also boasts another 315 sq ft of amazing balcony space wrapping this sought after condo!

MLS ® 40469697 | $685,000

MLS ® 40469697 | $685,000

Stunning is how to describe it and it could be yours. Located next to the Spur Line Trail and only a few minutes walk from Uptown Waterloo and Downtown Kitchener. This 2 bed, 2 bath stacked townhouse condo is a modern but cosy beauty just waiting for you to call it home.

Stunning is how to describe it and it could be yours. Located next to the Spur Line Trail and only a few minutes walk from Uptown Waterloo and Downtown Kitchener. This 2 bed, 2 bath stacked townhouse condo is a modern but cosy beauty just waiting for you to call it home.

MLS ® 40472209 | $699,900

MLS ® 40472209 | $699,900

This 3 bedroom home is ready for its next owner! Welcome to an amazing investment opportunity or a perfect starter home located in the desired family neighbourhood of Forest Heights! This two-story house sits on a large lot with no back neighbours and provides a great foundation for you to customize and improve making it the perfect place to call your own.

This 3 bedroom home is ready for its next owner! Welcome to an amazing investment opportunity or a perfect starter home located in the desired family neighbourhood of Forest Heights! This two-story house sits on a large lot with no back neighbours and provides a great foundation for you to customize and improve making it the perfect place to call your own.

MLS ® 40481374 | $499,900

MLS ® 40481374 | $499,900

“Kim was an excellent Realtor® for me as she guided me through the purchase of my new home and the sale of my current home. She also provided my legal law clerk to finalize the deal. She’s everything in one package and very convenient for people like myself in these turbulent times of moving real estate. Thanks for all your help Kim!!

I appreciate it!”- Lori

“Kim was an excellent Realtor® for me as she guided me through the purchase of my new home and the sale of my current home. She also provided my legal law clerk to finalize the deal. She’s everything in one package and very convenient for people like myself in these turbulent times of moving real estate. Thanks for all your help Kim!!

I appreciate it!”- Lori

Forest Heights!

• Heated salt water inground pool with safety cover

• Updated 2,040 sq ft two storey with double garage

• 4 bedrooms, 3.5 bathrooms, main floor laundry

• Finished basement

• Numerous updates to Kitchen, bathrooms, flooring,furnace, air, heat pump & windows

• Walkable distance to schools

MLS® $975,000

East Waterloo!

• Unique all brick 5 level backsplit with double garage

• 2,131 above grade sq ft

• Open concept Dining room to oversized Family room

• Walkout to rear sunroom, fenced, landscaped yard

• 3+1 bedrooms, 3 full bathrooms

• Extremely well maintained!

• Great neighbourhood with plaza & busing nearby.

MLS® #40480734 $1,299,000

Carriage Crossing!

• East Waterloo near Grey Silo Golf Course

• Custom 4 bedrooms with 2.5 bathrooms

• Exceptional yard on deep fenced lot

• Inground fibreglass pool with safety cover

• Paver stone decking & patio, play structure

• High ceilings, quartz counters, gas fireplace

• Bedroom level laundry room & more!

MLS® #40458398 $1,750,000

495 Westheights Drive | Kitchener

400 Strawberry Crescent | Waterloo

364 Deerfoot Trail | Waterloo

CO-WORKING SPACE FOR LEASE

CO-WORKING SPACE FOR

CO-WORKING

PLAY. ENVISION. COLLABORATE. GROW.

Starting at $395/monthly

Coldwell Banker Peter Benninger Realty, Brokerage

$395/monthly

V Visit www.yoursandbox.ca for a Virtual Tour!

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

$11.00-$13.00/SF DOWNTOWN OFFICE/RETAIL

Located one block from the courthouse Property is surrounded by restaurants and other amenities. Property is directly adjacent to the city parking garage. MLS® James Boudreau** Ext. 3020

$16.00/SF

OFFICE SPACE

Nice bright finished office space on the second level of Krug Street Plaza! 690 sq. ft. with ample onsite parking. Don't miss out! MLS® James Boudreau** Ext. 3020

$28.00/SF

RETAIL SPACE

End unit in retail plaza on corner of Huron Rd. and Battler Road next to Huron Heights high school. High exposure. Zoning permits many uses. Ample on-site drive up parking.

MLS® Lester Tobin* Ext. 3023

$16.00/SF

CLASS 'A' PROFESSIONAL OFFICE SPACE in the Lancaster Corporate Centre. The property is central to Kitchener, Waterloo and Guelph with easy access to expressway. Ample on-site surface parking (4 spaces/1000 SF). Elevator. Adjacent to the Walter Bean Trail. MLS® Lester Tobin* Ext. 3023

$20.00/SF

DOWNTOWN RETAIL CONDO

Unique opportunity to lease or buy retail (condo) space near Victoria Park in Kitchener located in the Base of OTIS in the Park. Exceptional signage/branding opportunity. Also avail. For Sale. MLS® James Boudreau** Ext. 3020

$18.00/SF

RETAIL END

UNIT High visibility and foot traffic. Located in downtown core next to "The Galtway" alley giving you access to ample parking spaces at rear of the building. Prestigious stone building with high ceilings. MLS® Lester Tobin* Ext. 3023

$32.00/SF

PHASE 2 NOW LEASING Breslau Commons! Join existing tenants in a busy retail plaza adjacent to the growing residential community of Hopewell Crossing. Building D Units from 1,1466,297 sq. ft. MLS® James Boudreau** Ext. 3020

$11.95/SF WELL SITUATED OFFICE BUILDING located on busy Northfield Drive, in close proximity to many nearby amenities, on GRT route and close to highway #85.

MLS® Chad Ritzer* Ext. 3033

Friends Buying Property Together

Friends Buying Property Together

I want to renovate. Do I need a contract?

Friends Buying Property Together

Friends Buying Property Together

Renovations

You’ve bought a “new to you home” and it could use some updates. Or maybe, you want to breathe new life into your existing home.

The price of real estate has made it challenging for many people to buy real estate. Buying real estate with a friend may make it possible by sharing the downpayment, mortgage, property taxes, insurance and maintenance. Even if affordability isn’t a concern, owning property with friends can be fun and rewarding; an opportunity to share more of your lives.

The price of real estate has made it challenging for many people to buy real estate. Buying real estate with a friend may make it possible by sharing the downpayment, mortgage, property taxes, insurance and maintenance. Even if affordability isn’t a concern, owning property with friends can be fun and rewarding; an opportunity to share more of your lives.

Contract

Ownership Options

It is very important to have a written contract with your contractor before you begin renovations. You will also need to put into writing any changes that inevitably happen as the project progresses. Key terms are the time frames, scope of work, supply of materials and labour, insurance and payments. Other considerations are WSIB (worker safety insurance) and HST (sales tax).

Ownership Options

Real estate may be owned in numerous ways. A single person is often listed as the beneficial owner. Spouses often own property as joint tenants meaning the surviving spouse has rights of survivorship. Tenants-incommon is often the preferred way for friends and unrelated persons to own real estate. As tenants-in-common, each individual owner has a divisible share in the property. It is possible to transfer the individual’s share in the property to another person. The individual share will form part of a person’s estate and on to their heirs named in their last will and testament. Tenants common allow for different proportionate ownership between the individ 0%-25%-25% split between three individuals.

Construction Act

The Construction Act (formerly Construction Lien Act) provides for rights between owners and contractors, including payment obligations and a contractor’s right to register a lien against your property in the event of nonpayment.

If you are an owner or a contractor, you should consult a lawyer.

Real estate may be owned in numerous ways. A single person is often listed as the beneficial owner. Spouses often own property as joint tenants meaning the surviving spouse has rights of survivorship. Tenants-incommon is often the preferred way for friends and unrelated persons to own real estate. As tenants-in-common, each individual owner has a divisible share in the property. It is possible to transfer the individual’s share in the property to another person. The individual share will form part of a person’s estate and be passed on to their heirs named in their last will and testament. Tenants-in-common allow for different proportionate ownership between the individuals, for example a 50%-25%-25% split between three individuals.

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

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

Contact Kraemer LLP today and let Our Lawyers 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

Kraemer LLP

Partner

Patrick J. Kraemer President & Managing Partner Kraemer LLP

ESSENTIAL STEPS TO TAKE BEFORE THE END OF THE YEAR

Embarking on the journey to homeownership for the first time is both exciting and filled with important decisions. As the year draws to a close, there’s no better time to lay the groundwork for your dream of owning a home. This comprehensive guide is designed to empower first-time homebuyers with a clear roadmap, helping you navigate the process and make informed choices before the calendar turns. By following these steps, you’ll be well on your way to turning the key to your very own front door.

ASSESS YOUR FINANCIAL HEALTH

Before diving into the homebuying process, take a close look at your financial situation. Calculate your budget, including your monthly income, expenses, and potential mortgage payments. Obtain a copy of your credit report and work on improving your credit score if needed, as a strong credit history can positively impact your loan terms.

DETERMINE YOUR PRICE RANGE

Based on your financial assessment, determine a realistic price range for your prospective home. Use online mortgage calculators to estimate monthly payments and factor in additional costs like property taxes, insurance, and maintenance. This will help you set expectations and narrow down your search.

SAVE FOR A DOWN PAYMENT AND CLOSING COSTS

Start saving for a down payment, which is typically a percentage of the home’s purchase price. Research various loan programs that cater to first-time homebuyers, as they often offer lower down payment options. Additionally, set aside funds for closing costs, which can include appraisal fees, title insurance, and attorney fees.

GET PRE-APPROVED FOR A MORTGAGE

Connect with a reputable mortgage lender and get pre-approved for a mortgage. Pre-approval not only strengthens your bargaining position but also gives you a clear understanding of how much you can afford. This step streamlines your home search and positions you as a serious buyer.

PRIORITIZE YOUR NEEDS AND WANTS

Create a list of your must-haves and nice-to-haves in a home. Consider factors like location, number of bedrooms, proximity to schools or work, and amenities. Having a clear vision will help you focus your search and make more informed decisions.

ENGAGE A REAL ESTATE AGENT

Partnering with a knowledgeable real estate agent can greatly simplify the homebuying process. An experienced agent in this magazine can provide valuable insights, guide you through negotiations, and help you navigate the paperwork.

Becoming a first-time homebuyer is a significant milestone that requires careful planning and preparation. Remember that patience, research, and a strong support system, including a skilled real estate agent and lender, will pave the way for a smooth transition into homeownership. As you embark on this exciting journey, rest assured that your dedication and informed decisions will lead you to the doorstep of your new home.

CHURCH PROPERTY, WILMOT

CHURCH PROPERTY, WILMOT

Looking for a congregation to adopt this lovely Church at 1000 Knechtel Court, located in Wilmot Township in the Village of Mannheim, bordering the City of Kitchener. Complete with Cemetery and additional 60 plots, seating for 90 (+/-) members. The church building is described as vernacular yellow brick with enclosed brick entrance porch, Gothic windows and frame steeple. The Church is listed as Non-Designated Heritage by the Township of Wilmot. MLS®

Looking for a congregation to adopt this lovely Church at 1000 Knechtel Court, located in Wilmot Township in the Village of Mannheim, bordering the City of Kitchener. Complete with Cemetery and additional 60 plots, seating for 90 (+/-) members. The church building is described as vernacular yellow brick with enclosed brick entrance porch, Gothic windows and frame steeple. The Church is listed as Non-Designated Heritage by the Township of Wilmot. MLS®

Peter Benninger Realty, Brokerage

Peter Benninger Realty, Brokerage

KAYLEY SPALDING

SALES REPRESENTATIVE

LAKE VERNON $2,999,900

Impressive year-round home resting on one of the most desirable park-like properties on Lake Vernon, with 1.62 acres of private manicured ground. Enjoy 350 ft of shoreline with due south sun exposure & shallow entry with a hard packed sand bottom.

LAKE OF BAYS $5,299,900

Remarkable lakefront estate with 256 feet of shoreline on Lake of Bays! This four-season craftsman style cottage exemplifies luxury cottage life at its finest, boasting 5 beds and 3.5 baths across 4,423 square feet of finished living space.

WOOD LAKE $2,299,900

Magical year-round family cottage resting on a private 4+ acre property with 490 ft of frontage and desirable Western exposure on Wood Lake! This traditional Muskoka inspired cottage boasts 3 beds & 2 full baths across 2,778 sq ft of living space.

DREAM HOME $2,199,900

No detail was overlooked in the thoughtful design of this executive family home. Showcasing an ideal floor plan boasting 5 bedrooms and 4.5 bathrooms across 4,048 sq ft of finished living space with luxurious features and finishes throughout.

MARY LAKE $2,999,900

Impressive 5-bedroom, 3-bathroom waterfront year-round cottage or home resting on the shores of desirable Mary Lake in Port Sydney, offering 240 feet of hard packed sand shoreline with Northwestern exposure and 2.79 acres!

Escape to your own private oasis with this stunning 1.98-acre property located on Bella Lake in Muskoka. With 190 ft of frontage and a hard packed natural sand beach, you'll have all the space you need to swim, boat and fish in complete privacy.

CRAFTSMAN STYLE $1,999,900

A professionally landscaped property featuring an inground cocktail pool to cool off in or relax in the hot tub overlooking the view. The floor plan showcases a bright, open concept living room with beamed cathedral ceiling and a wood burning fireplace.

cottage/home resting on a private 6.35-acre property! This impressive cottage boasts 5 bedrooms and 3.5 bathrooms across three levels of living space showcasing high-end features and finishes throughout.

RIVER $8,779,900

timeless masterpiece originating in 1895, & now poised to redefine luxury waterfront living. A true embodiment of opulence, 6,678 sqft 5-bdrm, 6-bath residence spans 4 levels, seamlessly intertwining history with contemporary magnificence.

BELLA LAKE $2,149,900

$7,500,000

FULLY LEASED RETAIL PLAZA with additional land to construct another 10,000 SF building. Located on corner of Fischer Hallman Rd. and Seabrook Dr. High density residential area, High exposure and high traffic. MLS®

Lester Tobin* Ext. 3023

$1,650,000

PRIME LOCATION!

Corner parcel @Ottawa/ Weber sees 60,000 vehicles pass daily. Zoning allows many uses. Excellent redevelopment location, on a main arterial road, bus stop in front of property and a 10-minute walk to the nearest LRT location. Zoning allows many uses. MLS®

Eric Frey* Ext. 3118

$2,500,000

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

$7,900,000

RARE OPPORTUNITY to purchase redevelopment lands in the Lancaster node. Offering consists of 5 properties totaling approx. 1.21 acres with both mixed (MIX-2) and residential (R4) zoning. Please call for Details.

MLS® James Boudreau** Ext. 3020

$1,599,900

COMMERCIAL/ RESIDENTIAL INVESTMENT

Opportunity. Fully turnkey and renovated, located right in the heart of Preston. Property is comprised of five separate units, with one commercial tenant and four residential tenants already in place. MLS®

Eric Frey* Ext. 3118

$22,500,000 RARE OPPORTUNITY

For Sale, situated in the Orangeville Industrial Park. Located near hwys 9 &10. Property is suitable for a range of uses, including outdoor storage, trucking operations, and various manufacturing processes. Call for more details! MLS® Eric Frey* Ext. 3118

John Hoffman* Ext. 3040

$2,450,000

RETAIL/OFFICE BUILDING Located on Highway #4 near corner. Ample onsite drive up parking. High traffic location with high exposure. New exterior architectural design, exterior paint, stucco, updated electrical, lighting. New Glass custom doors and concrete ramp to new second unit. MLS® Lester Tobin* Ext. 3023

$4,300,000 HIGH PROFILE REDEVELOPMENT SITE in growing residential area.

Existing building is currently occupied by Tenant. Great opportunity! MLS® James Boudreau** Ext. 3020