June 17, 2014 Issue 96 by The Real Estate Market Watch

WHAT’S INSIDE:

PAGE 12

10 Tips for First Time Real Estate Investors

PAGE 5

HOMES FOR SALE Grimsby, Lincoln, West Lincoln & Niagara Listings PAGE 4

HOMES FOR SALE Hamilton, Stoney Creek, Ancaster, Dundas & Glanbrook Listings PAGE 8

June 17, 2014 - Vol 65b

Testimonial

Dear Rob, Thank you so much for assisting us with the sale of our house. You did a fantastic job! From the moment we met you, we were impressed with your knowledge and professionalism. During the negotiations we could tell you were in complete control and felt comfortable and confident in the results. It has been a pleasure working with you! - Ramiro & Carmelina

Rob Golfi Sales Representative

90 Seabreeze Crescent STONEY CREEK

HOME EVALUATION NO COST • NO OBLIGATION

905-575-7700 • 905-945-0188

A.C.

Page 2

The Golfi Team Real Estate Market Watch

About Rob Golfi

ob’s career in real estate began in October 1997 and putting the needs of his clients first has always been a primary principle. Rob joined RE/MAX Escarpment January 1st 1999. As his career grew and with changing times in the marketplace, Rob realized that the team concept was the next step in order to maintain the same level of service that his clients had come to expect. Hence, “The Golfi Team” was formed, comprised of a select group of individuals who work well together and share Rob’s team philosophy. In 2003, the team received the prestigious honour of being in the top 100 Real Estate Teams for RE/MAX Canada*. And this status continues to date*. Rob has received every major award available at RE/MAX including the Diamond Club (2010-2012)*, 100% Club (1999-2001)*, Platinum Club (2002)*, Chairmans Club (2003-2009)*, Hall of Fame (Inducted in 2003)*, and the Lifetime Achievement Award (Inducted in 2006)*, Circle of Legends (2013).* Rob’s experience and aggressive negotiating skills are key in this business. Any agent can list your house, but Rob’s knowledge and ability to negotiate constructively gives his clients peace of mind in dealing with the single most important investment in their lives. Rob has an extensive marketing background that compliments his real estate career. He has achieved an impressive visual identity in the market place. Rob also prides himself on his ability to stay current with in the industry and to remain competitive in the marketplace. His hard work and dedication has awarded him the honour of consistently ranked in the Top 5 of nearly 2500 sales agents in the Hamilton-Burlington and Niagara Area since (2003).** Currently (2013)* Rob is ranked Number 1 in transactions sales ends in the Hamilton-Burlington and Niagara Area.

“Each client is always treated with First Class Service.” *Based on RE/MAX Ontario Atlantic Canada annual commission criteria **Based on The Real Estate Association of Hamilton-Burlington total transactions January 1, 2003 – March 31, 2013.

June 17, 2014

You are invited to sample Life by the Water OPEN HOUSE Saturday, June 21st, 10am to 4pm Tour the Club facilities and spend some time enjoying the activities Live music while you enjoy food from local Restaurants Learn about On the Water & On Shore Social Activities

Power & Sail Boat Show “Welcome Aboard” different styles of “Show Boats” Meet with Owners or Brokers of Sail & Power Boats for Sale Find “treasures” at the Nautical Flea Market Tour the Golfi Team’s Open House at 131 Edgewater Drive There is nothing better than having your boat moored in your back yard! Visit the Golfi Team Booth at Newport Yacht Club - Stoney Creek 711 (QEW) North Service Road, Stoney Creek – just east of Fruitland Road

Visit www.GolfiTeam.com Check out our Blog for the latest information in Real Estate

www. GolfiTeam .com

June 17, 2014

The Golfi Team Real Estate Market Watch

Page 3

Waterfront WATERFRONT

StOneY CReek

$737,000

37 Edgewater Drive WOW! The lakefront view is breathtaking! Newport Yacht club. 4 BRs, master w/ensuite, 2 way gas FP, & 9ft sliding door w/gorgeous view! Main flr is open concept w/hardwd flrs & FP in living rm, sliding doors to concrete deck inground lit path & fire pit at the lake’s edge. Fully finished basement!

GRIMSBY

WATERFRONT

$1,669,900

188 North Service Road ONE ACRE GATED LAKEFRONT ESTATE - Features 4 bedrm home, w/fully-finished basement, 180 ft of armour rock shoreline protection. Everything has been updated from top to bottom in this magnificent show piece. Separate building can be a boat house or studio. View pictures on line. $6,665 per/mth P&I / O.A.C.

GRIMSBY

$955,000

StOneY CReek

$589,900

143 Lake Street

90 Seabreeze Cres.

FABULOUS FiND – Exclusive listing to the Golfi Team. Beautiful Waterfront lot sitting on 140 x 183 ft. lot on private cul-de-sac, build your dream home on the shores of lake Ontario, services include sewers, water and gas to lot line.

WATERFRONT RETREAT 1900 sq.ft, 1-1/2 storey home with beautiful lake views. Features 4 bedrooms, 2-1/2 baths, vaulted ceilings, oak spiral staircase, professionally landscape yards. Call for a private viewing today! $2356 per/mth P&I / O.A.C.

$3,814 per/mth P&I / O.A.C.

$2,944 per/mth P&I / O.A.C.

WATERFRONT

hAMIltOn eASt

WATERFRONT

$949,900

StOneY CReek

WATERFRONT

$619,900

WATERFRONT

FORt eRIe

$849,900

StOneY CReek

$1,149,900

1083 Beach Boulevard

131 Edgewater Drive

1645 Niagara Parkway

12 Campview Road

TRENDY BEACH BLVD – Spectacular & luxurious best describes this awesome beauty! Executive free hold townhome on waterfront trail with top quality finishes through-out, quartz, marble, porcelain, crown moulding, and oversized terraces, steps away to downtown Burlington & quick access to QEW

THiS iS A 10++ LOCATED AT NEWPORT YACHT CLUB, biggest lot! Private Marina, new $60,000 designer gourmet kitchen with top-of-the-line sub-zero fridge & wine storage, wolfe 6 burner gas stove, miele dishwasher, granite counter top with built-in island!

CUSTOM BUiLT HOME facing the Niagara River, four large bedrooms, plus finished attic with roughed in bath for a fifth bedroom. Solid oak doors and trim throughout. Unspoiled basement with walkout. New C/A, Furnace ‘01. Roof ‘05. Does not disappoint!

$2,476 per/mth P&I / O.A.C.

$0 per/mth P&I / O.A.C.

Extraordinary 1/3 acre WATERFRONT home on quiet private road w/2 storey grand foyer! Breath-taking views of Lake Ontario & CN Tower. Open concept, 9' ceilings, Gourmet kitch w/granite counters. 3 BRs, 3 full baths, 2nd floor ldry. Master suite w/walk-in closet & ensuite. Backyard professionally landscaped.

$3,794 per/mth P&I / O.A.C.

8 Surprise Expenses for New Homeowners

ver a year ago, i bought my first home. And while i’d been warned about the extra expenses that come with homeownership, there were still some surprises. i don’t mean the “unexpected” costs of property taxes and repairs — expenses that are often covered in articles about new homeownership. “Surprise! There’s no landlord to come fix your garbage disposal.” is that really a surprise to anyone, though? No, what i’m talking about are the less obvious expenses — the ones that new homeowners probably aren’t thinking about when they sign the closing documents and get the keys to their new home. Here are some of those less obvious expenses that took me by surprise in the last year. 1) Changing the locks. When i first moved in, my dad “reminded” me to call a locksmith and have the locks changed. Only, silly me, i had no idea that i should do that. Dad pointed out that my house had had several owners and was even a rental at one point. That means that any number of people could possibly have a key to my house. Okay, so that’s three locks that needed to be changed. No big deal. Only the three estimates that i got came in at around $200 — much higher than i was expecting. Finally i found a special for $79 and got the locks rekeyed. 2) Lawn maintenance. One of the big selling points for our house was the halfacre yard. it feels like a bit of country in the city. Well, the week we moved in, a neighbor asked us, “Do you guys have a riding lawnmower? ’Cause you’re gonna need one!” The truth is that we hadn’t really thought about lawn care yet. We’d just bought the house, and we were 100 percent

focused on some repairs and getting moved in. But our neighbor had a point — we’d either need a riding mower or a lawn service. And being the DiY-type, we wanted the mower. Eventually the growing grass forced us to take the plunge. 3) Multiple appliance repairs and replacement. Okay, we knew we’d be responsible for our own appliances. But what i didn’t count on was so many of these repairs and replacements in the first year! We had to replace a garage door opener, an AC motor (and it was an expensive one), and a water heater. Thankfully, our real estate agent negotiated a one-year home warranty, paid for by the seller. So these costs, which would have been well over $1,000, ended up costing only $180. Each time i had to use the warranty, i emailed my agent to thank her for her foresight. 4) Cosmetic upgrades. i thought that cosmetic upgrades, like painting the bedrooms, would be quick and cheap. Well, they were neither quick nor cheap! Just one bucket of paint ran $32, and with four rooms, i needed a lot of buckets of paint. Plus, there are all of the little things you don’t always think about — rollers, trays, gloves, paintbrushes, drop cloths, and rolls upon rolls of painter tape. Cosmetic upgrades turned out to be a lot more expensive than i originally thought. 5) Furnishing the house. Obviously, you don’t have to go crazy furnishing every inch of your house. And we haven’t. We’re going slowly. But sometimes, things come up. For instance, when my in-laws were planning to visit, we decided to buy a daybed for the guest bedroom. We also needed guest towels for the bath. And a bath mat. if we hadn’t had guests, we might have held off on

those expenses. But part of the reason we bought the house was to entertain family and friends more often (and more comfortably). 6) Window treatments and replacements. Not long after moving in, i realized just how old our windows are. As in, i’m pretty sure they’re original to our 1971 house. Plus, a couple of sets of blinds had shredded strings and didn’t work properly. As i discovered in the window treatment section of Lowe’s, blinds are expensive! So we just replaced the two sets that weren’t working. As for replacing every window in the house, it’s something we’re starting to look into now. 7) Rising property taxes. Property taxes aren’t a surprise, but the fact that my taxes increased dramatically from one year to the next was a huge shock! i’m currently protesting my taxes, and there are a couple of reasons why that assessment shouldn’t stick. For one, i paid less than the assessed value for the home just over a year ago. 8) Tree trimming. This is the next todo item on my list. Another thing about that great yard that we loved is that it came with a bunch of gorgeous, established oak trees. Only it’s time we had those trees trimmed. There are some branches that

Call Today 905-575-7700

need to go, and the trees are entirely too tall for us to do the work ourselves. Plus, we’re not arborists, and we’d like our trees to stay healthy and beautiful. After all, they’re part of the reason we fell in love with this property in the first place. Covering those unexpected expenses Luckily, my husband and i had the extra money in the bank to cover these expenses, but i can see how people can get into serious trouble if they aren’t prepared for some of them. And while i wish i had a magic formula to share with you, it’s impossible for me to tell you how much to shore up your emergency fund. it just depends on too many factors, like the size of your house, the size of your lawn, how much work you can do yourself, and even just plain luck (or lack of it). So if you’re contemplating purchasing your first home, just be aware of these hidden costs. Save more than you think you need to, and don’t buy only as much house as you can. We bought a fairly small house and, while i love the house and love working on it, i’m glad we didn’t get anything bigger! By April Dykman

Page 4

The Golfi Team Real Estate Market Watch

Grimsby, Lincoln West Lincoln & Niagara

Rob Golfi*

GRIMSBY

$309,900 5 Book Road

BeAMSvIlle

$429,900

5356 Greenlane

SPRAWLiNG BUNGALOW – large lot sitting on a quiet street features an open and inviting floor plan with gorgeous hardwood floors, large sun filled country size kitchen, vinyl windows, shingles 8 years new, and over size garage.

UNBELiEVABLE ViEWS! 4 level sidesplit with updated windows and roof sitting on a generous 170 x 132 approx lot. Possible in-law suite in basement. Don’t miss out on this sought after location.

$1,237 per/mth P&I / O.A.C.

$1,717 per/mth P&I / O.A.C.

BeAMSvIlle

$309,900

62-515 Winston Road iMACULATE FREEHOLD 2 STOREY TOWNHOME Built by Brant Haven homes. This luxury living by the lake features 9 ft ceilings on the main level, hardwd in great rm, 3 stainless appliances, ensuite w/walk in closet, bedrm level ldry, & unspoiled basement w/rough in bath. Taxes not set, & $55.00/mth road fee.

FREE Home Evaluation Get your home sold Fast!

905.945.0188

BeAMSvIlle

5107 Connor Drive

FREEHOLD end unit attached at the garage backing onto park with escarpment views features an open and inviting floor plan w/solid cherry kitchen, double island and breakfast bar, Jenn-air appliances, hardwood and porcelain floors, master bedroom with walk-in closet, ensuite bath and class shower, and 1 ½ car garage with 4 car drive. $1,118 per/mth P&I / O.A.C.

GRIMSBY $326,900 / $1,795 leASe

June 17, 2014

MuST SELL • Estate Sales • Bank Foreclosures • Company-Owned Properties • Distress Sales

Free List with Pictures

$269,900

4892 Northgate Crescent EXTRAORDiNARY SEMi on large landscaped property, features open & inviting floor plan with wonderful family size kitchen, sliding doors leading to party size deck in private fenced yard, freshly painted with new flooring, patterned concrete drive, shingles 2012, & quick access to QEW. $1,078 per/mth P&I / O.A.C.

5.5 ACRES

BeAMSvIlle

$1,125,000

P/L#23 Durham Road ZONED LiGHT iNDUSTRiAL AND COMMERCiAL with 5.5 acres and 602 feet of frontage on Durham Rd. $4,493 per/mth P&I / O.A.C.

www.HamiltonDistressSales.com

$1,307 per/mth P&I / O.A.C.

BUILDING LOT

GRIMSBY

$879,900

28 Heathcote Court

SPECTACULAR CUSTOM BUiLD backing onto Escarpment feat. 4 bedrooms, in-ground salt water pool, formal living rm/dining rm, family rm w/fireplace and great room/2nd family room. Walk in from the garage to a large basement. Loaded with updates including stainless appliances, hardwood flooring, large eat-in kitchen w/centre island, granite counters, slate flooring, porcelain tiles, main floor laundry and much more.

BeAMSvIlle

$399,900

Academy Street RM2 ZONiNG – ¾ acre land site centrally located downtown area, permitted uses apartment dwelling, boarding or lodging dwelling, home for the aged, nursing home, group home, private home daycare. Call for details on permitted uses. $1,597 per/mth P&I / O.A.C.

$3,514 per/mth P&I / O.A.C.

BUILDING LOT

BeAMSvIlle

10 ACRES

$329,900

5074 Charles Street

GORGEOUS 3 PLUS 1 BEDRM BUNGALOW on an extra large lot in Beamsville, updates include kitchen, flooring, windows, entry doors, bathrooms, owned hot water tank ‘09, furnace ‘08, and more. Large deck off rear patio door, mudroom, closed in sun patio, attached garage, inside entry. Possible in-law suite. $1,317 per/mth P&I / O.A.C.

POSSIBLE SEVERANCE

$174,900

SMIthvIlle

$448,000

3 Meadowood Lane

7 Wade Road

BUiLDiNG LOT RARE FiND - Fantastic opportunity to build your dream home on this 50.00 X 108.00 ft lot!, Sewer and water to lot line. Buyer pays town, regional charges and park dedication plus building permit, 4 lots available. Subject to severance in progress. HST may be applicable.

OVERSiZED LOT can possibly be severed for a corner building lot or build a garage. Buyer to verify zoning reg. 4 level side split in prime location on quiet deadend street. 3+2 bdrms, in-ground pool, walkup from bsmt, double garage, & large driveway. Updated kitchen, windows, hdwd floors and roof.

$699 per/mth P&I / O.A.C.

$1,789 per/mth P&I / O.A.C.

$1,669,900

GRASSIe

SMIthvIlle

$399,900

$539,900

8326 3rd Concession Rd. HUNTERS & HOBBiESTS – Everything has been done to this 3 bedrm raised ranch with 48x32 car garage or workshop, sitting on 10 acres with 7 acres of bush. Updates include windows & furnace 2011, updated kitchen cabinets with granite counters & backsplash, professionally finished basement and much more. $2,156 per/mth P&I / O.A.C.

LARGE 2750 SQ.FT. 4 BEDROOM FAMiLY HOME located on a quiet street in the prestigious Station Meadows. Features include hardwood flooring on both levels, large dining room, eat in kitchen, family room w/gas fireplace, unfinished basement, main floor laundry, formal living room, & much more. $1,597 per/mth P&I / O.A.C.

WeSt lInCOln

GRIMSBY

$589,900

168 Saw Mill Road

1 ACRE

$779,900

WeSt lInCOln

1.36 ACRES

55 Las Road

1.5 ACRE

WATERFRONT

GRIMSBY

BeAMSvIlle

BACKiNG ONTO 40 MiLE CREEK-Custom newly built 2 storey country home w/detached 3 car garage sitting on 1.36 acres fenced, features open concept w/large family size kitchen & island, 4 large sunny bedrooms, professionally landscaped, high speed internet available, close to Bruce Trail and minutes to town. $2,356 per/mth P&I / O.A.C.

1.36 ACRES

$509,900

GRIMSBY

$349,900

8058 Sheridan Court

2967 South Grimsby Rd., #18

225 Hysert Road

CUSTOM BUiLT BUNGALOW – Sitting on 1.5 acres in quiet cul-de-sac features 3 bedrm 2200 sq ft of luxury living, beautiful hardwood floors, maple kitchen with granite counters, ensuite bath, partallialy finished basement, oversized dble garage, Less than 10 mins to QEW

SPRAWLiNG CUSTOM BUiLT 4 LVL BACK SPLiT Sitting on 1 acre of manicured grounds, features cathederal ceilings, beautiful hardwood floors, large country size kitchen, sun filled rec-rm, landscaped with stamped concrete patio and driveway, heated & insulated oversized garage.

GET OUT OF TOWN! 4 bdrm home sitting on 1.36 acres of quietness, features hardwood floors, updated bathrooms, & fascia, eaves & siding, freshly painted, clean neat and tidy, 30x17 ft. barn/workshop, and 3500 gal cistern. Close to town but far enough to enjoy country living.

$2,037 per/mth P&I / O.A.C.

1,398 per/mth P&I / O.A.C.

$3,115 per/mth P&I / O.A.C.

Call Today 905-945-0188

June 17, 2014

The Golfi Team Real Estate Market Watch

Page 5

10 Tips for First Time Real Estate Investors If you plan to dive into real estate as an investment do your homework first.

any people consider investing in real estate as a way to build a nest egg and have tenants help you pay the mortgage. There are pros and cons to taking that leap, but if you do, here are 10 things to know. 1) Visit with a mortgage broker or your bank to determine how much money you can afford to borrow responsibly for your investment. 2) Look for properties that generate a positive cash flow. What this means is that the rent that you receive from tenants should be enough to pay your mortgage payment, property taxes, utilities and insurance bills. Budget an additional ten percent on your overall payments to pay for minor repairs that will invariably arise. Currently this is very difficult to find in the Toronto area. Do not be afraid to expand your search to smaller communities, where you will be able to find more properties that match your search criteria. 3) Use an experienced local real estate agent who also invests in real estate themselves. investors learn about the pitfalls only through first-hand experience, both good and bad, and you want that experience working for you as well. 4) Have any property inspected by a professional home inspector. in addition, find a contractor who you can trust to give you the right advice for any minor repairs or renovations that may be

required, especially for older properties, in order to add the most value to your investment. 5) Consult with your accountant and lawyer as to how you will take ownership of the property. There are some benefits in taking title in the name of a limited company, in order to protect yourself against personal liability should someone get hurt on the property and for other tax planning purposes. However, on the other hand, you will also have to pay about $1,000 in incorporation fees and have to file a separate tax return each year for your company. 6) Keep proper records of income and expenses for your investment property. Do not mingle these with your personal bank account as it will become difficult to properly trace this when you have to file a tax return at the end of the year, regardless whether you own the investment in your personal name or in a company name. 7) if you are buying with a partner, make sure you have a proper partnership or joint venture agreement to protect both of you should things not work out as planned. in particular, provisions should be made if one of the partners wants to sell and the other one doesn’t, one partner is not paying their share of expenses or what happens if one of the partners dies. 8) Hire an experienced property manager to assist you in finding suitable ten-

ants and dealing with any ongoing maintenance, repairs or other complaints by tenants. You do not wish to be woken up in the middle of the night to handle emergency repairs. Budget an additional $100 per month for this service. 9) Be careful not to buy and sell properties quickly. The Canada Revenue Agency may view this activity as business income. This means that you will have to pay tax on any profit you make on your investment. it is preferable to buy properties for the long term, rent them out and use your positive cash flow to reduce

the amount of your mortgage owing, building equity in your property. if you then sell years later for a profit, it will likely be classified as a capital gain and thus one half of your gain will be tax free. 10) Don’t be afraid to walk away if the deal does not work for you, no matter how much time you may have invested in the property. Mark Weisleder is a Toronto real estate lawyer. Contact him at mark@markweisleder.com

Crossword Solution GET YOUR

Visit

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HOME

SOLD CALL NOW!

905-945-0188

We SELL more... because we DO more! THE ULTIMATE SELLING TEAM SHARON STAFFORD

HANS MARCELISSEN

WENDY MURRAYNICHOLSON

MIKE MCNEIL

DAN GOLFI

CHRISTINE SERAFINI

ERIC PINI, B.A.

LAURA BIELAK

SAM ASSADI

JENNIFER DRAHO

JEFF GOLFI

ROB GOLFI SAlES REpRESEnTATIVE

www.golfiteam.com | 905.575.7700 | 1.800.288.9184

Call www.golfiteam.com Today 905-945-0188

Page 6

The Golfi Team Real Estate Market Watch

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Check out the Top Real Estate Site for Hamilton Wentworth!

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June 17, 2014

The Golfi Team Real Estate Market Watch

Page 7

Homes For Sale Bungalows & Raised Ranches Two Storeys • Semis & Town Homes HAMILTON EAST

HAMILTON MTN

HAMILTON CTR

STONEY CRk uPR

STONEY CRk LWR

GRIMSBY

LINCOLN

Bungalows/ Raised Ranches Starting at $99,900 39 Available

Bungalows/ Raised Ranches Starting at $169,900 79 Available

Bungalows/ Raised Ranches Starting at $89,900 19 Available

Bungalows/ Raised Ranches Starting at $324,999 10 Available

Bungalows/ Raised Ranches Starting at $169,900 30 Available

Bungalows/ Raised Ranches Starting at $279,900 24 Available

Bungalows/ Raised Ranches Starting at $169,900 32 Available

Two Storeys Starting at $167,000 26 Available

Two Storeys Starting at $249,900 123 Available

Two Storeys Starting at $100,000 109 Available

Two Storeys Starting at $269,900 33 Available

Two Storeys Starting at $284,500 65 Available

Two Storeys Starting at $209,997 51 Available

Two Storeys Starting at $285,000 36 Available

Semis & Town Homes Starting at $134,900 28 Available

Semis & Town Homes Starting at $149,888 50 Available

Semis & Town Homes Starting at $94,900 31 Available

Semis & Town Homes Starting at $259,900 12 Available

Semis & Town Homes Starting at $197,900 39 Available

Semis & Town Homes Starting at $209,000 20 Available

Semis & Town Homes Starting at $239,900 28 Available

Call Us Today for Information on Any of these Homes!

905-575-7700 • 905-945-0188

Crossword Puzzle (Solution on Page 5)

SUDOKU 1 5

2 4 8 2

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The Solution 7

2 5

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1 7 2 6 4 8 5 3 9

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www. GolfiTeam .com

Down 2 Very sweet (7) 3 Indicates assent (4) 4 uk shipping forecast area (6) 5 Erect dam (anag) (8) 6 Relating to birth or the buttocks (5) 7 Attractive (4,2,3,3) 8 Fragrant (5,7) 13 Very attractive woman (8) 16 Graceful (7) 17 Beetle, sacred to the ancient Egyptians (6) 19 Leaves (5) 21 Narrow promontory (4)

9 6 Across 1 Splendour (12) 9 Receiving regular payment for work (5) 10 Private eyes (7) 11 Ms Fitzgerald (4) 12 Harem (8) 14 Like (4,2) 15 Fairly good (6) 18 Group of lenses (8) 20 Pond — pure and simple (4) 22 To that place (7) 23 Country shaped like a boot (5) 24 Attractiveness (12)

1 6 8

Fill in the grid above, so that each row of 9 squares, each column of nine and each section of nine (three squares by three) contains the numbers 1 through 9 in any order. There is only one solution for the puzzle and the numbers shown can NOT be changed.

Page 8

The Golfi Team Real Estate Market Watch

Rob Golfi*

June 17, 2014

Hamilton, Stoney Creek Ancaster, Dundas & Glanbrook MuST SELL

hAMIltOn eASt

$269,900

BInBROOk

$499,900

56 Potruff Road South

76 Fowler Drive

CHARACTER HOME iN A GREAT LOCATiON! Not a cookie cutter home, loads of character & charm, mostly finished basement, w/private rear yard leading to a ravine. Minutes to Red Hill Valley Parkway, walking trails & shopping. Updates include: shingles 2010, furnace 2011, & most windows.

SPECTACULAR, luxurious & immaculate 2975 sq.ft. of luxury, features gorgeous hardwd flrs on main lvl, beautiful oak kitchen cabinets with chefs desk large pantry, breakfast bar & granite counters tops, main floor den, oak staircase, landscaped with patterned concrete patio and fenced yard. $1,996 per/mth P&I / O.A.C.

$1,078 per/mth P&I / O.A.C.

hAMIltOn WeSt

• Estate Sales • Bank Foreclosures • Company-Owned Properties • Distress Sales

$184,900

1968 Main Street W, Unit 807 LARGE 3 BEDRM UNiT close to McMaster University, Ancaster, 403, shopping and more. Updates include bathrooms and flooring. Open concept with large living room/dining room, master with 2 piece ensuite, Shows beautifully.

Free List with Pictures www.HamiltonDistressSales.com

$738 per/mth P&I / O.A.C.

WATERFRONT

BuRlInGtOn

$279,900

hAMIltOn Mtn

$240,000

StOneY CReek

$1,149,900

548 Sheraton Road, Unit 41

397 East 21st, Street

12 Campview Road

GORGEOUS 3+1 bedrm 2 storey town home in walking distance to appleby mall. Bamboo hardwd flrs in living & dining rm. Fully finished basement w/3 pc bath. Gas heating & central air. Nothing left to do but move in! Condo fees $221.18 incl: Building insurance, exterior maintenance & other amenities.

Great 3 bedroom, 2 bath family home close to Limeridge Mall and located on a quiet cove with plenty of updates. Newly painted ’14, newer carpet & laminate ’13, windows ’02, roof ’01, added insulation to attic ’02, & siding ’05. Beautiful front garden and rear yard w/shed & fenced yard. Move in ready!

$1,117 per/mth P&I / O.A.C.

$963 per/mth P&I / O.A.C.

$4,593 per/mth P&I / O.A.C.

hAMIltOn eASt

$179,900

100 Quigley Road, Unit 63 End unit on Ravine! Many updates: patio door 2013, windows 2005, Furnace & CAC 2007, new garage door & opener installed June 4/’14, bath 2009, Granite 2013, flring on main flr‎ 2009! Gas stove! Backs onto Red hill Creek! Lots of playgrounds nearby! Well maintained come see it before it's too late! $718 per/mth P&I / O.A.C.

FREE Home Evaluation StOneY CReek

Get your home sold Fast!

$619,900

905.575.7700

131 Edgewater Drive THiS iS A 10++ located at Newport Yacht Club, biggest lot! Private Marina, new $60,000 designer gourmet kitchen with top of the line sub zero fridge & wine storage, wolfe 6 burner gas stove, miele dishwasher, granite counter top with built in island! $2,476 per/mth P&I / O.A.C.

hAMIltOn Mtn

$499,900

22 McIntosh Avenue DESiRABLE WEST MOUNTAiN 2600 sq.ft. 4+1 BR home w/3.5 baths features living & dining room combo along w/a main floor family rm w/gas fireplace, Master BR w/walk-in closet & separate jetted tub. Fully finished basement with 3pc bath, bedrm and rec room. Fabulous home for the growing or lrg family! $1,996 per/mth P&I / O.A.C.

WATERFRONT

hAMIltOn CtR

$294,900

673 King Street East LOCATiON LOCATiON LOCATiON! This incredibly maintained 2200 sq.ft. corner property with commercial frontage and 2 additional apartments features fantastic income, close to Cathedral high school, new roof 4yrs new, 14 ft ceilings, hardwd flrs, full basement with newer wiring & parking space in the back. $1,178 per/mth P&I / O.A.C.

hAMIltOn eASt

$949,900

1089 Beach Boulevard TRENDY BEACH BLVD – Spectacular & luxurious best describes this awesome beauty! Executive free hold townhome on waterfront trail with top quality finishes through-out, quartz, marble, porcelain, crown moulding, and oversized terraces, steps away to downtown Burlington & quick access to QEW $3,794 per/mth P&I / O.A.C.

hAMIltOn Mtn

$320,000

$117,900

95 Hope Avenue CUTE ONE FLOOR PLAN, and same owners for 24 years!! Front concrete drive, nice fenced in backyard w/sliding doors from kitchen, new windows and doors. Great location, close to new Centre Mall and parks. $471 per/mth P&I / O.A.C.

$339,900

754 Stone Church Road East

193 Parkwood Crescent

iMMACULATE AND UPDATED!! This home has been well cared for and backs onto an empty lot. Family room w/fireplace. Recent updates: kitchen w/new cabinets, backsplash & quartz counters, shingles 2013, furnace 2009, windows 2009/14, flooring, insulation, and big cedar shed w/overhang.

FANTASTiC LOCATiON!! Walk to Limeridge mall & parks. This home features a spiral staircase, main floor family room w/gas fireplace, separate dining room, laundry was on the main LVL and can be moved back, large partially finished bsmt and fenced rear yard with deck. Shingles replaced in 2002.

$1,278 per/mth P&I / O.A.C.

$1,358 per/mth P&I / O.A.C.

POOL

TRIPLEX

hAMIltOn eASt

hAMIltOn Mtn

hAMIltOn CtR

$279,900

187 Sanford Avenue North GREAT iNVESTMENT OPPORTUNiTY! Currently used as 3 family home. Updates include furnace, water heater, and roof (2011). Basement unit $750, Main unit $950, Upper unit $1200. Tenants willing to stay. $1,118 per/mth P&I / O.A.C.

hAMIltOn eASt

$159,900

StOneY CReek

$619,900

23 Vansitmart Avenue

71 Richmond Crescent

GREAT LOCATiON! This 3 bedroom, 1 bath home offers an open and inviting floor plan, a large kitchen with plenty of counter space and cupboards, and a fenced yard. Updates include furnace and main roof in 2008. Close to shopping, buses, Redhill and QEW.

CUSTOM BUiLT! 3500+ sq. ft. home features LR/DR w/vaulted ceilings, 3 way gas fireplace, main flr den & laundry, eat-in kitchen, oak cupboards & moveable island, prof. landscaped grounds w/sprinkler system, in ground pool, waterfall & shed w/shower. Family rm, 2nd flr loft, master bedrm w/ensuite, more bedrms & bonus room over garage. Lower level in-law suite. Loads of extras!

$639 per/mth P&I / O.A.C.

Call Today 905-575-7700

$2,476 per/mth P&I / O.A.C.

June 17, 2014

The Golfi Team Real Estate Market Watch

Rob Golfi*

Hamilton, Stoney Creek Ancaster, Dundas & Glanbrook

2 ACRES

Fixer-upper HOMeS FOr SALe

StOneY CReek

$599,900

hAMIltOn Mtn

$319,900

1489 /2 #8 Hwy

425 East 15th Street

OUTSTANDiNG & iMMACULATE custom built 1760 sq.ft. all brick bungalow sitting on one acre with 3 car garage, featuring beautiful hardwood through-out, stylish kitchen with granite counter tops, main floor laundry, partially finished basement with 3pc bath & rough in for kitchen.

CUSTOM BUiLT BUNGALOW ON HAMiLTON MOUNTAiN!! Original owner, detached garage with hydro, big concrete drive, poured concrete foundation with a 200 sq.ft. cold room. Side entrance and full 3 piece bath in lower level. Could be in-law setup or rental! Very well maintained!

$399,900

260 Binbrook Road “OUT” BUT NOT “FAR OUT” – Half acre beauty w/the sweet smell of country all around, spacious 4 lvl back split features lrg. living rm w/new bay window, cozy family rm w/showcase gas fireplace, bedrooms w/original hardwood flrs, updated bathrm, private yard, & oversized dble garage. $1,597 per/mth P&I / O.A.C.

These homes need work. Free list with pictures. www.HamiltonFixerUpper.com

$1,298 per/mth P&I / O.A.C.

$2,396 per/mth P&I / O.A.C.

BInBROOk

Page 9

hAMIltOn eASt

$449,900

327 Webster Road iMMACULATE best describes this awesome 4+1 bedrm, 2200 sq.ft., all brick home on premium lot. Hdwd floors mostly throughout, kitchen w/granite counters & breakfast bar, oak staircase, fin. basement w/bedroom & full bathroom. $1,797 per/mth P&I / O.A.C.

BInBROOk

$446,900

117 Tanglewood Drive STUNNiNG 4 BEDRM family home loaded with upgrades, new hardwood flooring, granite counters, upgraded 2 piece bathroom, finished basement, large fenced private yard. Large office in basement could be a 5th bedroom. $1,785 per/mth P&I / O.A.C.

StOneY CReek

$399,900

723 Ridge Road BEAUTiFUL ESCAPRMENT ViEWS! Prime location on Ridge Road, close to all amenities. This property has a home suitable for renting or building your dream home. Buyer to satisfy themselves with building permits & costs. $1,597 per/mth P&I / O.A.C.

Canada’s Rental Vacancy Rate Remains unchanged

ccording to the spring Rental Market Survey1 released today by Canada Mortgage and Housing Corporation (CMHC), the average vacancy rate for primary purpose-built apartments in Canada’s 35 major centres2 was 2.7 per cent in April 2014, unchanged from April 2013. “The stability of the national vacancy rate is due to supply and demand factors,” said Bruno Duhamel, Manager of Economic and Housing Analysis. “Demand for rental housing continues to be supported by population gains from net migration and stable employment levels for young workers aged 20 to 24”. The results of CMHC’s spring survey also revealed that major centres with the lowest vacancy rates in April 2014 were Edmonton and Calgary (1.4 per cent

each) and Kelowna (1.5 per cent). The major centres with the highest vacancy rates were Moncton (10.7 per cent), Saint John (10.0 per cent), and Charlottetown (8.7 per cent). The Canadian average two-bedroom rent in new and existing structures was $930 in April 2014. With respect to the census metropolitan areas, the highest average monthly rents for two-bedroom apartments were in Vancouver ($1,274), Calgary ($1,267), and Toronto ($1,241). The lowest average monthly rents for two-bedroom apartments were in Saguenay ($562), Trois-Rivières ($571) and Sherbrooke ($594). As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high quality, environmentally

sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. 1 CMHC’s Rental Market Survey is conducted twice a year in April and October, to provide vacancy, availability and rent information on privately initiated structures in all centres with populations of 10,000 and more across Canada. Reports are released in June and December. Note that there are differences between the fall and spring surveys. The spring survey covers apartment and row structures containing at least three rental units, and, unlike the fall survey, does not

report information on: a) Smaller geographic zones within centres; b) Secondary rental market (rented condominium apartments, single detached, semi-detached, duplexes or accessory apartments). 2 Major centres are based on Statistics Canada Census Metropolitan Areas (CMAs) with the exception of the Ottawa-Gatineau CMA, which is treated as two centres for Rental Market Survey purposes and Charlottetown, which is a Census Agglomeration (CA). For further information contact: Charles Sauriol, CMHC Media Relations, csauriol@cmhc-schl.gc.ca

Call Today 905-575-7700

Page 10

The Golfi Team Real Estate Market Watch

June 17, 2014

Marketplace Clutter Removal & Organizing

Senior Downsizing

We Guide You Through The Entire Process

WE GUIDE YOU THROUGH THE ENTIRE PROCESS

Pamela Culp Blanchard Cell: 905-971-9568 www.beclutterfree.ca

Pamela Culp Blanchard Cell: 905-971-9568 www.seniordownsizing.ca

Real estate lawyer

Paul lewis Settimi

Barrister, Solicitor and Notary Public

Jacqueline Paradisi

8 Main Street East, Suite 303 Hamilton, Ontario L8N 1E8 Bus: 905-527-0808 Fax: 905-527-0774

HOME STAGING

20 Main Street West Grimsby, Ontario L3M 1R4 Bus: 289-235-7500 Fax: 905-527-0774

paul.settimi@cogeco.net

Advertise Here For information on advertising in the Market Watch, contact

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email: rose@golfiteam.com cell: 905-745-0122

Home Inspection

HouseMaster is proud to be the oldest and most experienced name in home inspections. The HouseMaster Franchise System has over 35 years of home inspection experience. HouseMaster offices have collectively performed over 2 million inspections, continuing a long tradition of quality and integrity. HouseMaster provides home buyers and sellers an independent, third-party, professional evaluation of the condition of the major elements of a home and serves the Burlington, Hamilton and surrounding areas. We are number one in North America for Open customer satisfaction for a reason seven let us show you why! days a week.

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Buying a home through us?

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