September 17, 2013 Issue 79

WHAT’S INSIDE: Get it in Writing when Family Members take Title Together PAGE 2

HOMES FOR SALE Grimsby, Lincoln, West Lincoln & Niagara Listings PAGE 5

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

September 17, 2013 - Vol 56b

Rob Golfi Sales Representative

34 Norma Crescent Ancaster, Page 9

HOME EVALUATION NO COST • NO OBLIGATION

905-575-7700 • 905-945-0188

Page 2

The Golfi Team Real Estate Market Watch

About Rob Golfi

S

ince the inception of his career in 1997, Rob Golfi has recognized that understanding his clients’ needs is essential to providing excellent service.

Married 25 year with four children, Rob understands a family’s wants and needs.

As business grew, Rob assembled the Golfi Team in an effort to maintain the same level of professionalism clients have come to expect. Shortly thereafter in 2003, the team received the prestigious honour of being among the top 100 Real Estate Teams for RE/MAX Canada, and this status continues to date.

Rob’s experience and aggressive negotiating skills have earned him every major honour awarded by 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)*. Having worked with many of the industry’s professionals over the years, he has the necessary edge to best negotiate the sale of your home.

Any agent can list your house, but Rob’s knowledge, extensive marketing background and dedication gives clients peace of mind when dealing with the single most important investment in their lives. With years of combined experience, the Golfi Team can provide your home with a level of exposure that most agents cannot.

Utilizing a team approach also means that they will likely find a purchaser to buy your home sooner, rather than waiting for other agents to approach you with potential buyers.

Ranked in the top 10 of nearly 2,500 sales agents in the Hamilton-Burlington and Niagara areas**, listing with Rob and the Golfi Team is the right choice when choosing someone to represent your best interest. *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.

September 17, 2013

Get it in Writing when Family Members take Title Together Way house was really held in trust for his benefit. Albert’s view was that he was entitled to a 50 per cent ownership until his death, when the property would go to Andy.

Albert sued Andy to confirm that he owned 50 per cent of the property and Andy countersued claiming 100 per cent, based on his financial contributions. At the trial in 2012, judge Peter Rogers of the B.C. Supreme Court ruled that Andy became the beneficial owner of 100 per cent of the property as a result of the 2002 agreement, based on all the evidence that he heard. A key piece was an alleged statement by Albert that “the house is yours if you agree to come back and live with me and pay my debts.”

Judge Rogers concluded that Albert did not contribute to the purchase of the Captain’s Way property and was not expected to pay for its upkeep.

The case was appealed to the BC Court of Appeal. In her June 28, 2013 decision, Madame Justice Daphne Smith had issues with the fact that the supposed 2002 agreement was not written down and may have just been gratuitous promises that were not binding on Albert. She did, however, leave open the possibility that Albert may have been unjustly enriched by remaining the 50 per cent owner without contributing his share of the upkeep. She sent the case back for another trial to determine if Andy should recover more than his 50 per cent ownership based on his contributions to the property.

It is hard to imagine the legal fees involved in both the initial trial and appeal, as well as what may become a second trial. All of this could have been avoided if a clear written agreement had been entered into at the time title was taken in the first place.

When family members take title, and it is intended that only one member will pay all expenses and effectively be entitled to 100 per cent ownership, it is important that all of this be carefully documented right at the beginning. This will avoid arguments among the remaining family members later on if disputes arise.

Written by Mark Weisleder, a Toronto real estate lawyer.

F

amily members often decide to take title to properties together for various reasons, sometimes for estate planning purposes, but primarily when one family member alone cannot qualify for a mortgage. However, if there is no written agreement regarding ownership and who is making the payments, it can become very expensive to change the title later. A continuing legal dispute in B.C. is an example of when things went wrong: In 1990, Yuk Chun Suen, known as Albert Suen, moved to Vancouver from Hong Kong with his wife, two daughters and son, Andy. He bought a home with his wife, sold it and bought a new home on Pender St. in Richmond B.C. Andy graduated from University in 1998 and started contributing $1,000 per month to the family expenses. In 2000, Andy’s girlfriend Angela, later his wife, moved into the home on Pender St. and cared for her mother-in-law, until her death in 2001. Thereafter, Albert became the sole owner of the Pender St. property. Based on evidence presented during a civil suit, Albert could not control his spending and started going into debt.

In 2002, again based on evidence presented during the suit, Albert agreed to transfer half of the Pender St. house to his son in exchange for Andy looking after the expenses. The agreement was not put in writing and Andy was never registered on the title. The Pender St. property was sold and a new home was purchased on Captain’s Way in Richmond, partly with the proceeds of the sale of Pender St., and partly with Andy’s money. Title to this property was registered in both Albert and Andy’s names.

Then problems arose after Albert continued piling up debt, according to evidence presented at trial. It was Andy’s position that since he had made the payments on the Pender St. property as well as the Captain’s Way home, his father Albert’s portion of the Captain’s

For local representation, please contact Philip Anthony Kuca (P.C.) B.A. (Hons.), LL.B., Centennial Law Group in Stoney Creek, at pkuca@cenlawgroup.com or 905-526-0736.

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September 17, 2013

The Golfi Team Real Estate Market Watch

Page 3

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* Based on RE/MAX Ontario Atlantic Canada annual commission criteria. **Information based on recorded total transactions, buying and selling ends, from the REALTORS® Association of Hamilton-Burlington Jan. -Aug. 2013. ***Source: RE/MAX® Canada and RE/MAX® International 2012.

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Page 4

The Golfi Team Real Estate Market Watch

September 17, 2013

Know your Rights when you Share a Property If you buy a home with your spouse or another person this year, you will have to decide how to take title together. It can be either as a joint tenancy or tenancy in common. It is important that you first understand the main difference between these two options before making your decision.

In a tenancy in common, if one of the owners passes away, they can leave their share of the property to anyone they choose. However, in a joint tenancy, there is a principle called survivorship. What this means is that if two owners are joint tenants and one dies, their share automatically passes to the surviving joint tenant upon death. They cannot leave it to anyone else in their will. There are some tax advantages in holding property as joint tenants as it can reduce estate taxes.

David Ramnarine and his common law partner, Meera Ragoo, bought a home together at 840 Eighth Street in Mississauga in September 2007 and took title as joint tenants. David passed away in July 2010. His share of the home automatically transferred to Meera, by the principal of survivorship.

However, his mother, Joyce Ramnarine, produced an agreement that was apparently signed by David in 2009, where he said that he was holding all of his property in trust for his mother. Joyce claimed that this agreement broke the joint tenancy, since it proved that David never intended to hold the property solely with Meera. Meera claimed that she never was told about the agreement, it was only produced after David passed away and that the signature was a forgery. The agreement was never registered against title to the property.

In trying to figure out the answer to this case, the judge had to look at whether it was possible to break a joint tenancy once it was already created.

In 1987, in the case of Horne v Evans, an unhappily married couple owned a family home as joint tenants. The hus-

band, shortly before his death, transferred his share of the property to himself, without telling his wife. He did this to try and break the joint tenancy, so that he could leave his share of the home to someone else. The reason this breaks the joint tenancy is that an important element of a joint tenancy is that you acquire your interest in the property at the same time as your partner. By transferring the property to yourself, you have now technically acquired your interest at a different time, so this breaks the joint tenancy. In Ontario, you are permitted to transfer property to yourself, even though the concept is hard to understand.

However, also under Ontario family law, you cannot sell or transfer your share of a family home without your married spouse’s permission. This is why Horne’s wife challenged the transfer, saying that since she did not give her permission, it shouldn’t count. The judge disagreed, saying that people should have the right to change the way they hold title, if it is permitted under Provincial law.

After looking at these and other cases, Justice J. Seppi ruled on July 20, 2011 that there was no evidence that could reasonably support Joyce’s claim. David and Meera were still living together at the time of his death and there was no witness to the agreement that he apparently signed.

The judge stated that they were still joint tenants at the time of his death, so she inherited his share of the property.

The real lesson here is that before you agree to ever take title as joint tenants, understand the consequences, so that you do not have to try and figure out how to break it later if you change your mind.

Written by Mark Weisleder, a Toronto real estate lawyer.

For local representation, please contact Philip Anthony Kuca (P.C.) B.A. (Hons.), LL.B., Centennial Law Group in Stoney Creek, at pkuca@cenlawgroup.com or 905-526-0736.

Crossword Solution

FREE

HOME

EVALUATION

GRANITE KITCHEN COUNTER TOPS AS LOW AS

$199000

+TAX

SINK INCLUDED

Your home could be worth more than you think!

Call the

GOLFI TEAM

791 South Service Road, Stoney Creek 905-643-9982 • info@StoneHavenGranite.com

575-7700

(905)

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September 17, 2013

The Golfi Team Real Estate Market Watch

Page 5

Grimsby, Lincoln West Lincoln & Niagara

Rob Golfi*

LINCOLN

$271,900

4092 Cassandra Drive Unit #27 3 storey 1740 sq.ft. freehold townhome features 9ft. ceilings, 3 great size bedrooms, master with ensuite and walk-in closet, large eat in kitchen, rear yard backs onto park, double car garage and minutes to all amenities. To be built.

bEAMsVILLE

$236,000

gRIMsby

4455 Timothy Lane Mobile home in immaculate condition w/private yard backing onto vineyards in Golden Horseshoe Park. 2 bedrm, separate dining rm, laminate flring throughout, vaulted ceilings, dble parking. Home is on Leased Land $491.34/mth, fee includes property taxes, water, snow removal & garbage collection.

$349,900 46 Rosedale Street

Gorgeous 3 level side split in quiet neighborhood on 68' x 146' ft. lot with a beautiful private backyard retreat. Quick access to QEW and all amenities. Gorgeous original hardwood floors throughout (re-finished 10') Shingles 09'.

$1398 per/mth P&I / O.A.C.

$279 per/mth P&I / O.A.C.

$1086 per/mth P&I / O.A.C.

bEAMsVILLE

$69,900

bEAMsVILLE

$235,000

wEsT LINCOLN

$659,900

4991 May Street

4993 King Street

5050 Canborough Rd

Updated 2+1 bedrm family home w/single detached garage, parking for 3 cars, new kitchen (‘11), updated bath w/soaker tub, new ceramic flooring, new carpet upstairs, roof (‘11), updated windows, all new appliances. Gas fireplace in LR, landscaped yard. Centrally located. Easy hwy access, & a walk to shopping.

Prime location in downtown core. Storefront w/large window, front & back entrances. Can suit 2 businesses or 1 large one.

Parking spaces in rear & municipal parking lot. New furnace & 2pc bath. 1500 sq.ft. of business space w/GC zoning plus 2 BR apt on upper level. Tenant pays hydro. All sizes approx.

Waterfront bungalow with loft! 2.2 acre property with all the bells and whistles. Granite, Jatoba Cherry hardwd, massive interlocking patio with hot tub, open concept layout, main floor office. Stunning views of the Welland River complete this one of a kind offering.

$943. per/mth P&I / O.A.C.

$939 per/mth P&I / O.A.C.

$2,636 per/mth P&I / O.A.C.

NE O R E H T O N A D L SO sMITHVILLE

$444,900

gRIMsby

$284,900

sT. ANNs

$539,900

55 Las Road

10 Wentworth Drive Unit 9

5476 Attema Crescent

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.

ORIGINAL MODEL HOME - Extremely well taken care of 2 bedrm unit in fabulous condition, features gas fireplace in living rm, crown moulding, new flooring, professionally finished basement with large rec-rm & games area. Very desirable adult community and close to all amenities.

CUSTOM BUILT HOME –sitting on 1.11 acre lot in prestigious crt, family size kitchen with maple cabinets, granite counters & breakfast bar, gleaming hardwd flrs, showcase fireplace w/overhead space that can hold a 55” flat screen, 9 ft. ceilings, 40 pot lights, & water filtration system.

$1,777 per/mth P&I / O.A.C.

$1,138 per/mth P&I / O.A.C.

$2,156 per/mth P&I / O.A.C.

NE O ER H T NO A D L O S gRIMsby

$289,900

wAINFLEET

$389,900

gRIMsby

$649,900

43 Hemlock Way

40830 Forks Road

511 Main Street West

TRENDY AND STYLISH! This move in ready beautifully decorated 3 bedroom freehold town home features hardwood floors, oak staircase, maple kitchen w/breakfast bar, professionally landscaped & maintenance free yard, great escarpment views, & close to amenities.

2.8 acres of country living with pond. Updated 2 storey country charmer. This home has it all, 4 bedroom, 2 full baths, large eatin kitchen, main floor office, laundry and mudroom. Outside features a lovely wrap-around porch and 4 car garage.

If quality is important, this house is for you! Custom built home in 2004 sitting on ½ acre features maple kitchen w/granite counters, cove ceilings w/pot lights, Brazilian cherry hardwd flrs, professionally finished basement w/fireplace, oversized dble car garage, concrete drive & back patio.

$1158 per/mth P&I / O.A.C.

$1,557 per/mth P&I / O.A.C.

Call Today 905-945-0188

$2,596 per/mth P&I / O.A.C.

Page 6

The Golfi Team Real Estate Market Watch

September 17, 2013

Municipal Year-to-Date Statistics August 2012 vs August 2013 P R E S E N T E D

B Y

AREA

T H E

G O L F I

T E A M

YTD Comparison August 2013 / 2012

Based on sales data on all home sales from August 2012 vs August 2013, REALTORS Association of Hamilton-Burlington

Listed YTD

Expired YTD

Sold YTD

Average Selling Price

Average Days on Market

Selling % of List Price

ANCASTER (DISTRICT 42)

2013 2012

679 584

101 109

437 385

$473,159 $455,703

53 47

98% 98%

BURLINGTON (DIST. 30 to 36 & 38)

2013 2012

3134 2815

265 219

2248 2345

$488,375 $454,477

32 30

98% 99%

DUNDAS (DISTRICT 41)

2013 2012

309 288

22 34

218 255

$387,545 $360,332

44 50

98% 98%

GLANBROOK (DISTRICT 53)

2013 2012

436 384

70 58

296 260

$339,564 $343,639

59 57

98% 98%

GRIMSBY (DISTRICT 54,55)

2013 2012

439 395

54 64

282 300

$348,149 $343,714

50 49

97% 98%

HAMILTON EAST (DIST. 23,24,27,28,29)

2013 2012

764 740

82 105

571 606

$207,582 $198,249

37 44

97% 97%

HAMILTON WEST (DIST. 10, 11, 12)

2013 2012

653 652

75 92

454 505

$318,955 $291,729

38 44

98% 98%

HAMILTON MTN (DIST. 15,16,17,18,25,26)

2013 2012

1655 1576

146 199

1286 1331

$280,760 $265,115

36 40

98% 98%

HAMILTON CTRL (DIST. 13,14,20,21,22)

2013 2012

1102 967

176 224

803 770

$175,019 $162,438

42 45

97% 97%

BEAMSVILLE (DISTRICT 981)

2013 2012

185 140

20 29

119 111

$298,418 $284,988

44 49

98% 98%

WEST LINCOLN (DISTRICT 56, 982)

2013 2012

104 73

14 16

54 47

$377,912 $343,300

59 67

97% 96%

SMITHVILLE (DISTRICT 57)

2013 2012

79 78

9 18

49 54

$264,437 $268,609

52 57

97% 97%

STONEY CREEK (DISTRICT 50,51,52)

2013 2012

930 903

128 152

639 715

$326,673 $314,637

41 47

98% 98%

August real estate market experiences increases in listings, sales, average price

T

he REALTORS® Association of Hamilton-Burlington (RAHB) reported 1203 properties sold through the RAHB Multiple Listing Service® (MLS®) in August. This represents an 8.8 per cent increase in the number of sales over August of last year. The average sale price of $383,561 was an increase of five per cent over the previous August.

There were 1640 properties listed in August, an increase of eight per cent over August of last year. End-of-month listing inventory is 2.6 per cent lower than last year.

“We saw more new listings than we did last year at the same time,” said RAHB CEO Ross Godsoe. “yet new listings are still below average for the month. Sales, however, are about one per cent higher than the ten-year average.”

Seasonally adjusted* sales of residential properties were 8.8 per cent higher than the same month last year, with the average sale price up three per cent for the month. Seasonally adjusted numbers

of new listings were 8.8 per cent higher than the same month last year.

Actual overall residential sales were 8.5 per cent higher than the previous year at the same time. Residential freehold sales were 13.7 per cent higher than last year while the condominium market saw a decrease of 11.2 per cent in sales. The average sale price of freehold properties showed an increase of one per cent over the same month last year; the condominium market saw an increase of 13.6 per cent when compared to the same period last year.

The average sale price is based on the total dollar volume of all residential properties sold. Average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value.

The average days on market remained constant at 45 days in both the freehold and condominium markets.

Year to date, listings are down less than one per cent compared to the same period last year, while sales are 1.2 per cent lower. The average sale price for the first half of the year is 7.7 per cent higher than the same period last year.

www.golfiteam.com

September 17, 2013

The Golfi Team Real Estate Market Watch

Page 7

How Much Life Insurance Do I really Need???

by Gianni Leonetti, Leonetti Consulting Many consumers struggle with determining how much insurance they need. Even after they’ve spoken to an insurance agent or broker it may still not be clear why they’ve purchased the amount they have. Is it enough? Is it too much? Is $100,000 enough? Is $1,000,000 too much?

For most of us, we want to maintain our dependents’ standard of living should we die. And it’s that standard of living that we should focus on. Not the mortgage, not the children’s education, not buying groceries. None of those qualify as catastrophic losses. In addition, most of us want to make sure we’re not overinsured.

This begs the question – how are we maintaining our current standard of living? How is the mortgage being paid? Money for the children’s future education? Groceries? For most of us the answer is our paycheque. We maintain our standard of living from

our paycheque. And it’s our paycheque we lose in the event of our death. From a strictly financial perspective, that’s all most of us are – our paycheque.

If we replace the buying power of our paycheque upon our death, I think it’s a safe assumption that our dependents can continue to maintain their current standard of living. No one will be insurance rich, but we’re not leaving them in the poor house either. They continue to pay the mortgage, and still save for the children’s education.

With an income stream over a period of time we now have a very straightforward present value calculation we can do. What is the lump sum of capital needed to reproduce an income over a period of time?

That lump sum of capital we assume is the amount of life insurance we need.

CRoSSWoRD PuzzlE (Solution on Page 4)

Let’s look at an example. Take an income earner who is 35, making $75,000 per year. Assume 5% interest and 3% inflation. Let’s further assume that we don’t need the full 75,000 to continue the standard of living. With one income I normally use a rule of thumb of 80% replacement, with two incomes I generally assume 60% replacement. In this case lets use 60% of the $75,000.

A million dollars. That million dollars produces an indexed income of $45,000 for 30 years with nothing left over. Nobody got rich here, but we didn’t leave the dependents short either. Focusing on the million dollars as a large number is an emotional decision not a financial one, and could leave your dependents short.

Since all of these calculators are at best estimates of future needs, I prefer to have use a range instead of one absolute number. The second way to look at this is to assume a

replacement income just until the kids are out of the house. At that point we assume the surviving partner would be financially independent and on their own. If we rerun the same case as above but with 20 years instead of 30, we end up with $754,336.02. That amount of capital produces the $45,000 of income for 20 years with nothing left over.

So in this case we should be looking at total insurance coverage in the range of $750,000 to 1,000,000.

Anything less and we would be potentially underinsured.

In conclusion, all situations are different however it makes sense to work the numbers in reverse to get the true value of that insurance policy you have purchased.

Contact Leonetti Consulting at 905-690-5052 or visit our website at www.leonetticonsulting.com so we can help you determine which is best suited for you.

SUDOKU 1

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Call Today 905-575-7700

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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*

September 17, 2013

Hamilton, Stoney Creek, Ancaster, Dundas & Glanbrook

bURLINgTON

$974,900

HAMILTON

$299,900

sTONEy CREEk

$329,900

476 Patricia Drive

81 Terrace Drive

788 Barton Street

Custom new build approx. 3120 sq.ft. Features 9ft. ceilings on main floor, coffered ceilings, crown molding, hardwood staircase and flooring, designer bathrooms and kitchen, 4 large bedrooms, all with ensuite baths & walk-in closets.

Exceptional 3 bedroom bungalow in desirable location. 16x16 deck & large landscaped yard w/new fence. Oversized ins. garage with hydro. Updated kitchen w/bkfst bar & newer appliances, renovated bathrm, new windows, hardwood flrs & main flr laundry. Newly fin. basement featuring gas fireplace, potlights & large windows.

WORKSHOP, GARAGE, IN-LAW, LOT, VIEWS, INCOME!!!

This house has it all! Great location, loads of parking for your boats & R/V. High basement one bedroom rented month to month.

Main/second floor 3-4 bedroom rented on month to month. One bedroom cottage rented month to month. All currently rented.

$3894 per/mth P&I / O.A.C.

HAMILTON EAsT

$439,900

$1198 per/mth P&I / O.A.C.

sTONEy CREEk

$297,500

295 Nashville Circle

22 Puritan Courts

STUNNING FULLY FINISHED TOP TO BOTTOM!!!! Move in and enjoy the rec-room with gorgeous oak wet bar. Loft outside bedroom area and office/den on second floor. Hardwood floors on main level with gas fireplace, walkout to generous backyard w/patio. Great location with easy HWY access.

Prime Stoney Creek location! 2 storey, 3+2 bedroom home complete with hardwood, reno’d kitchen, spacious bedrooms is waiting for you to move in. Steps from Mohawk College, this home features in-law suite with separate entrance. Double driveway and fenced-in yard. Don’t miss out on this winner!

$1757 per/mth P&I / O.A.C.

HAMILTON EAsT

$98,500

$1188 per/mth P&I / O.A.C.

HAMILTON EAsT

$219,900

454 Paling Avenue

2584 King St. East

Centrally located two bedroom home with easy highway access, large 23 by 23 ft. workshop in rear yard. Updates include siding, roof, electrical panel, furnace, and Central air. Home needs work, great for first time home buyers, or investors.

SHOWS 10+! UPDATED ONE FLOOR PLAN! Huge driveway, great location minutes from Red Hill and Eastgate Mall. Updates include aluminum roof, kitchen, bathroom, windows, flooring & plumbing. Private backyard oasis overlooking ravine. On ground pool w/stamped concrete patio.

$393 per/mth P&I / O.A.C.

HAMILTON MTN

$419,900

$878 per/mth P&I / O.A.C.

bURLINgTON

$949,000

$1318 per/mth P&I / O.A.C.

HAMILTON MTN

$159,900

92 East 32nd Street Larger than it looks! 2 bed bungalow perfect for first time buyer or retiree. Updates include: new bathroom, updated kitchen, new shingles, insulation, landscaping, new electrical, water line and plumbing all done in 2010. Nice neutral décor throughout.

Everything is done just move in!

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

sTONEy CREEk

$289,900

18 Lynwood Drive All brick Raised ranch in desirable neighborhood ready for your finishing touches, sitting on large lot, features open and inviting floor plan with fully finished basement new plywood & shingles 2008, new vinyl windows 2008, new furnace & C/air 2010, new c/vac system.

$1158 per/mth P&I / O.A.C.

HAMILTON CTR

$139,900

12 Deborah Court

470 Patricia Drive

213 Rebecca Street

NICEST COURT IN HAMILTON! Immaculate 3 years old, 9 foot ceilings, asphalt driveway, fencing, landscaping, central air, hardwood and ceramics on main level, bedroom level laundry, balcony off bedroom , huge backyard, double drive and garage, cold room and energy star certified.

Custom new build approx. 3000 sq.ft. Features 9ft. ceilings on main floor, coffered ceilings, crown molding, hardwood staircase & flooring, designer bathrooms & kitch, 4 large bedrooms all w/ensuite baths & walk-in closets.

Cute and Cozy Doll House! – This 2 bedrm bungalow located near the downtown core, features new windows 2011, new furnace 2011, shingles 2000, private fenced back yard, located near busses and shopping.

$3790 per/mth P&I / O.A.C.

$558 per/mth P&I / O.A.C.

$1677 per/mth P&I / O.A.C.

www.golfiteam.com

September 17, 2013

The Golfi Team Real Estate Market Watch

Page 9

Hamilton, Stoney Creek, Ancaster, Dundas & Glanbrook

Rob Golfi*

HAMILTON EAsT

$169,900

HAMILTON EAsT

$139,900

ANCAsTER

$514,900

117 Fairfield Avenue

95 Hope Avenue

34 Norma Crescent

BUNGALOW WITH FAMILY ROOM ADDITION. Two good sized bedrooms w/a large family room, lots of parking, updated windows, shingles, furnace, C/A, kitchen & wiring. Needs TLC in decorating & cleaning. Great Value. Close to highway access & shopping.

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.

Fabulous 2 storey in fantastic location, features gorgeous hardwd in family rm w/wood FP & wet bar, main flr den, upgraded trim on main lvl, new carpeting & under-pad, freshly painted, patterned concrete drive & patio, new shingles ‘09, unspoiled basement w/good ceiling height & access to garage.

$559 per/mth P&I / O.A.C.

$679 per/mth P&I / O.A.C.

HAMILTON MTN

$299,900

HAMILTON CTR

$154,900

$2057 per/mth P&I / O.A.C.

HAMILTON CTR

$239,900

58 Robson Crescent

19 Edgar Street

216 Burlington Street East

IN-LAW SET-UP! All brick raised ranch, oak kitchen, double concrete drive, rear patio for entertaining, walking distance to schools, easy access to the LINC. Freshly painted, nice view of green space, mostly hardwood and ceramics. Lower level great for in-law or teenagers.

Renovated two storey, ready to move in! Three bedroom, all with laminate floor, no carpet in the house. Beautiful new kitchen with new appliances included. Two new bathrooms, upgraded insulation, vinyl windows, interior weeping tile done. Walk to new Center mall and schools.

Newly built in 2010, 1500sq.ft. 3 bedrm home ready for immediate possession!

Features beautiful plush carpet, ceramics floors, freshly painted, family size kitchen, large family rm w/large bright windows, ensuite bath in master bedrm, walking distance to bayfront park, & quick access to QEW.

$1198 per/mth P&I / O.A.C.

$958 per/mth P&I / O.A.C.

$619 per/mth P&I / O.A.C.

FREE

sTONEy CREEk

$274,900

53 Marina Point Crescent AFORDABLE ADORABLE – Freehold townhome 4yrs new on quiet cul-de-sac, features open & inviting floor plan w/9ft ceiling, bedrm level ldry, lrg master bedrm w/ensuite bath, rich ceramic flrs, & quick access to QEW, $82.00/mth road fee.

E M O H EVALUATION CALL TODAY

THE GOLFI TEAM

905-945-0188 Not intended to solicit prop

erties currently for sale.

$1,098 per/mth P&I / O.A.C.

bURLINgTON

$799,900

ANCAsTER

$589,900 26 Field Road

Picturesque 6.26 Acres, 4 BR family home features an in-ground pool, Quonset building, separate log cabin in the woods, Gazebo, deck, 2 fireplaces, 4 baths, kitch w/vaulted ceilings, dble car garage, new furnace & carpeting, freshly painted, refinished hardwd flrs boarders the Rail trail & more.

$2,356 per/mth P&I / O.A.C.

HAMILTON MTN

$975,000

bINbROOk

$384,900

243 Plains Rd

516-526 Concession Street

92 Windwood Drive

Large 3/4 acre lot in the city! Potential development site on bus route and close to all amenities. Renovate existing home or build your dream home on this country like setting w/lots of possibilities. 2700 sq.ft. home with oversized triple car garage, newer windows, furnace and A/C 2011.

Become a part of Hamilton arts scene or modify this large space for your own purpose! Total building size: 14,400 sq.ft. 390 seat theatre with an additional 4 residential and 5 commercial units. Projected cap rate of 9.6 % unique property. Do not go direct.

Amazing space in this fabulous 2100 sq.ft. home, features open main floor plan, formal dining rm, showcase gas fireplace in family rm, family size kitch w/patio doors leading to party size deck & fenced in yard, master bedrm w/walk in closet & ensuite w/relaxing roman tub, & finished basement.

$3,195 per/mth P&I / O.A.C.

$3,894 per/mth P&I / O.A.C.

Call Today 905-945-0188

$1,537 per/mth P&I / O.A.C.

Page 10

The Golfi Team Real Estate Market Watch

September 17, 2013

Marketplace Senior Downsizing WE GUIDE YOU THROUGH THE ENTIRE PROCESS Pamela Culp Blanchard Cell: 905-971-9568 www.seniordownsizing.ca

Clutter Removal & Organizing WE GUIDE YOU THROUGH THE ENTIRE PROCESS Pamela Culp Blanchard Cell: 905-971-9568 www.beclutterfree.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

TAKE THE STRESS OUT OF MOVING! David Ryback Regional Sales Manager

WINNER

Hamilton: 905-573-8776 Grimsby: 905-945-5540 www.harveymoving.com david@harveymoving.com

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www.golfiteam.com

Executive Freehold Towns 60 - 90ngs

si o l C

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