Inventory of Homes M AY , 2 0 1 9
DO R A NI R E A L
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Call Team Dorani 905.668.1800 $549,999
$569,000
$579,000
35 Latchford Way
21 Clairtrell Road #403
213 King Road
Much larger than it looks! Beautiful townhome in a desirable location with no neighbours behind! Large kitchen with tons of cupboards, gas stove, otr microwave & a sunny breakfast area with walk-out. MLS# E4396002
Minimal living made beautiful! Absolutely gorgeous suite in upscale boutique building. Upgrades incl: premium ‘white mist’ marble counters & backsplash as well as facing & waterfall edge on breakfast bar. MLS# C4395738
In the midst of the woods, you’ll find a hand-crafted home that has been lovingly cared for by the same family for over 20 yrs. The unique architectural features exposed beams, vaulted ceilings. MLS# X4344036
$599,000
$600,000
$625,000
767 Beatty Crescent
1039 Otto Drive
243 Rollings Street
This classic, sophisticated home offers all the amenities today’s homeowners expect. Rarely found, this home features 4 spacious bdrms on the 2nd level, complete with a spacious master with full ensuite. MLS# X4371408
Welcome to 1039 Otto Drive, this beautiful 3 bdrm, 2 bath bungalow features vaulted ceiling in the foyer, lots of natural light, large kitchen, breakfast area, open concept to family room with gas fireplace. MLS# X4395790
Welcome to 243 Rollings Street, Cobourg, a 3 bdrm home in east village, a newer, yet well-established downtown family community. A Stalwood built located on a pie-shaped lot. MLS# X4383596
$629,900
$649,000
$649,900
56 Sandford Crescent
440 Raglan Road East
649 Dobbin Road
Beautiful fully detached home located in charming New England Village community, bright and spacious open concept, over 1700 sqft.9’ Ceilings, hardwood flooring, living & dining room. MLS# E4403722
Country calling! Solid 3+ bedroom bungalow on a walkout 2.03 Acre lot. Features spacious layout multiple w/o’s, all vinyl tilt-clean windows and metal roof. Master w/2pce bath. MLS# E4400515
Don’t miss this beautifully maintained bungalow on a huge lot! Boasts updated kit, master ensuite with glass shower, main flr laundry, large living rm with gas fireplace & open concept stairs leading to massive rec rm. MLS# X4399036
$655,000
$659,900
11545 County 2 Road
169 Division Street #204
This Victorian farmhouse offers 6 bdrms & 6 baths & has been lovingly renovated & restored capturing the best of its historic qualities. This beautiful home features the original tin ceilings. MLS# X4380731
Life at beach walk place is grand. Concrete construction and well located at the pier in Cobourg’s Harbourside neighbourhood. 204 Is 1225 sqft, & enjoys a n/w exposure, tucked away from the street. MLS# X4390850
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Listing Brokerage RE/MAX Rouge River Realty Ltd., Independently Owned & Operated. info@remaxrougeriver.com. Listings active as of publication date April 1, 2019. Not intended to solicit buyers/sellers currently under contract with other real estate brokerages.
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Call Team Dorani 905.668.1800 $669,000
$689,900
$699,000
55 Bathgate Cres
9 Padfield Drive
9423 Lime Kiln Trail
This pet free home is the perfect oasis to hang your heart. Some of the special features of this 4 bedroom, 2.5 Bath piece of heaven includes beautiful hardwood floors, sparkling in-ground pool. MLS# E4393497
Beautifully maintained offered by original owners! Boasting 1915 sq ft (mpac). Spacious rms, 9ft. Ceilings, hdwood, ceramics & slate throughout. Large master, w/i closet & 4 pce. MLS# E4392012
Own a piece of history with the original Blacksmiths home of Baltimore. Built in the 1840s, this home has been renovated lovingly to include modern amenities while still capturing the vintage charm. MLS# X4345706
$699,900
$699,900
$700,000
51 Rampart Crescent
31 Debden Road
3A Pebble Beach Drive
Gorgeous well maintained 4 bdrm all brick quality Deep Lot. Long Driveway, Enclosed Porch. Nestled in an excellent neighborhood, on Cobourg’s built home on premium pie shaped lot in Williamsburg MLS# N4394819 desired pebble beach dr. Private on a great size lot with community. Lrg foyer, kitchen with pantry, breakfast area mature trees & tiny glimpses of the lake. A welcoming w/ w/o to huge yard. MLS# E4380211 foyer. MLS# X4350102
$700,000
$719,000
$719,900
24 Alyea Road
9640 Turk Road
850 Hillcrest Road
Wellers bay waterfront, a naturist & bird watcher’s paradise, with prime fishing &recreational pursuits at your doorstep. A private dock & slip, plenty of room for your boat and water toys. MLS# X4360567
Picture yourself driving down a picturesque, gently winding road surrounded by nature as you ascend the driveway to your private country retreat. MLS# X4390960
Family- friendly west shore community w/ easy access to go transit, hwy 401, parks, marinas, shopping & great schools! Amazing 4- bedroom w/ garage & oversize drive, fin bsmt & tons of upgrades. MLS# E4393266
$729,900
$739,000
627 Flavelle Court
3 Penhurst Drive
Looking for a backyard oasis this is it! Hot tub, inground pool, huge private backyard with gazebo and multiple patio areas, updated home on a court location in the coveted Amberlea neighbourhood! MLS# E4400594
Rarely offered, this immaculate 3 bedroom bungalow with beautiful curb-appeal is located on a quiet street in desirable Brooklin. The open concept layout features modern and stylish finishes throughout. MLS# E4388956
Listing Brokerage RE/MAX Rouge River Realty Ltd., Independently Owned & Operated. info@remaxrougeriver.com. Listings active as of publication date April 1, 2019. Not intended to solicit buyers/sellers currently under contract with other real estate brokerages.
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MARKET WATCH WHITBY MARCH 2019
The spring real estate market continues to be the hottest season for sales. If you’re looking to get into the market, give us a call today!
+43.4% month over month
-4.14% month over month
March
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UNITS SOLD
Feb
UNITS LISTED +41.8% month over month
585 UNITS
AVERAGE SALE PRICE
$604,796
More Homes Are Moving February was a relatively stale month in terms of home sales, but the good news is that it all picks up in March. Last month there were 839 sales reported compared to only 585 in February. Real estate experts are hopeful that this trend continues upwards as spring ticks on.
Prices Continue To Grow Prices are on the rise and that is great news for sellers. Overall the average home price in Durham Region throughout the month of February was $580,743. However, in March that number jumps up to $604,796, equaling out to a growth rate of 4.14%.
839 UNITS
New Listings Hitting The Market These numbers tell all and there are no surprises. March saw 1617 new listings hitting the market. For contrast, new listings in February were sitting right at 1140. That’s a jump of 477 in a month-over-month comparison. There continues to be a lot of selection which is great for buyers.
Highlighting Oshawa What’s even more important to highlight is the area with the most turnover. Within the Durham Region real estate market, Oshawa was the frontrunner in terms of most new listings (436) and the highest number of sales (232).
$580,743
Spring is officially here and we’re hoping that will cue the heating of the Durham Region real estate market. Overall the month of March showed good signs of growth in the pricing department but left something to be desired in others. Let’s review how the real estate market performed in Durham Region throughout March 2019 in more depth.
Data source: Toronto Real Estate Board. Independently owned & operated.
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WhyWhy is this? is this? When When you you are on are on bi-weekly bi-weekly payments payments it actually it actually works works out out to you to you having having 13 months 13 months of mortgage of mortgage payments payments withdrawn withdrawn in a in calendar a calendar year.year. ThisThis simple simple change change can can knock knock a whopping a whopping 7 7 years years off of offaof 30-year a 30-year mortgage mortgage term. term. However, However, we must we must tell you tell you to to use use caution caution when when going going this this route. route. TalkTalk to your to your lender lender to ensure to ensure thatthat you you are on aretrue on true bi-weekly bi-weekly payments payments and and not not simply simply having having youryour monthly monthly mortgage mortgage payment payment withdrawn withdrawn in two in two transactions transactions as as thatthat will will not not decrease decrease youryour principal principal value value faster. faster.
Home Home Equity Equity By Appreciation By Appreciation
Before Before we we getget tootoo far far intointo thethe details details of how of how to build to build equity equity in in your your house, house, let’slet’s answer answer a common a common question. question. What What is home is home equity? equity? Simply Simply put,put, home home equity equity is the is the difference difference between between what what is owed is owed on on thethe home home andand thethe home’s home’s fairfair market market value. value. Essentially Essentially thethe partpart of the of the home home youyou own own freefree andand clear. clear. And, And, calculating calculating your your basic basic equity equity is quite is quite simple. simple. Let’s Let’s saysay your your home home is worth is worth $500,000 $500,000 andand your your mortgage mortgage hashas been been paid paid down down to $300,000…the to $300,000…the equity equity in your in your home home would would be be $200,000. $200,000. Now Now thatthat you’re you’re more more in-tune in-tune with with what what home home equity equity is, let’s is, let’s talktalk about about how how to build to build it: it: Build Build Home Home Equity Equity With With YourYour Down Down Payment Payment
Simply Simply put,put, the the larger larger youryour down down payment payment the the more more equity equity you you will will havehave in in youryour home home rightright off the off the bat.bat. While While we do werecommend do recommend putting putting down down as much as much money money as you as you can,can, it’s very it’s very important important thatthat you you alsoalso consider consider youryour long-term long-term financial financial goals goals as well. as well. TakeTake a holistic a holistic viewview of your of your finances, finances, considering considering youryour monthly monthly budget budget and and rainyrainy day day savings, savings, and and thenthen come come up with up with a value a value thatthat is is great great for your for your home home equity equity and and youryour day-to-day day-to-day living. living.
Increasing Increasing Equity Equity Through Through Home Home Renovations Renovations
TheThe old saying old saying ‘you‘you havehave to spend to spend money money to make to make money’ money’ ringsrings truetrue for this for this home home equity equity tip. tip. But,But, you you must must do itdo inita in calculated a calculated way.way. If redoing If redoing youryour kitchen kitchen will will increase increase the the value value of your of your home, home, but but youyou spend spend $50,000 $50,000 doing doing it it – you’re – you’re basically basically no better no better off than off than when when you you started. started. However, However, if you’re if you’re strategic strategic withwith youryour spending spending and and onlyonly forked forked out out $20,000 $20,000 for the for the same same value value increase, increase, you you would would see see an increase an increase of $30,000 of $30,000 in your in your home home equity. equity. Pro Pro tip: tip: before before you you get started get started on any on any substantial substantial renoreno projects projects you you firstfirst want want to to consider consider howhow it will it will increase increase the the value value of your of your home home and and thenthen set your set your budget budget accordingly. accordingly.
OneOne of the of the most most straightforward straightforward ways ways to build to build home home equity equity is is through through appreciation. appreciation. And,And, no we no we don’t don’t mean mean showering showering youryour home home withwith compliments. compliments. Appreciation Appreciation is is pretty pretty natural natural in any in any typetype of real of real estate estate investment investment and and is classified is classified by your by your property property increasing increasing in value in value year-over-year. year-over-year. Let’sLet’s use use the the Durham Durham Region Region as an as an example. example. While While Durham’s Durham’s property property values values havehave had had some some small small ups ups and and downs downs this this year,year, overall overall the the value value of homes of homes is way is way up in up in comparison comparison to 5-10 to 5-10 years years ago.ago. ThisThis means means thatthat anyone anyone whowho bought bought theirtheir home home 5-105-10 years years ago ago likely likely has has a substantial a substantial amount amount of equity of equity in their in their home, home, all thanks all thanks to the to the market market boom boom we saw we saw last last year.year.
HowHow To Access To Access YourYour Home Home Equity Equity
NowNow thatthat you’ve you’ve got got some some equity equity in in youryour home, home, you you might might be be wondering wondering howhow to access to access it. There it. There are two are two common common routes routes to take to take here. here. YouYou could could sell sell youryour home home and and downsize downsize to home to home withwith a lesser a lesser price price point point so that so that you you can can access access the the profit profit in your in your home. home. Or one Or one of of the the most most common common ways ways is a is home a home equity equity loanloan or home or home equity equity line line of of credit credit (HELOC). (HELOC). YouYou might might know know it it better better as aas second a second mortgage. mortgage.
Using Using YourYour Mortgage Mortgage Payments Payments To Build To Build Equity Equity
Something Something as small as small as changing as changing the the frequency frequency of your of your mortgage mortgage payments payments can can drastically drastically helphelp to increase to increase the the equity equity in your in your home home overover the the longlong run.run. There There advantages advantages to bi-weekly to bi-weekly payments payments including including paying paying off your off your home home faster, faster, building building equity equity at a at much a much quicker quicker raterate and and paying paying lessless interest interest on your on your mortgage mortgage overall. overall.
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Read Read more more articles articles likelike thisthis at at TeamDorani.com TeamDorani.com
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Call Team Dorani 905.668.1800 $739,000
$739,900
$749,000
96 Deverell Street
53 Riverside Drive South
55 Rosswell Drive
Fabulous well maintained all brick 4+1 bed, 3 bath home, private backyard retreat with in-ground pool backing onto park, family friendly neighbourhood. Combined living room & dining room. MLS# E4399061
A rare hidden gem that offers country living feel in the city. This beautiful custom built home features a spectacular backyard retreat situated on a premium lot! MLS# E4398227
Stunning family home on a premium corner lot. Wraparound porch and full brick - fantastic curb appeal! Well laid out floorplan with large principle room and lots of windows. MLS# E4396085
$749,900
$749,900
$759,000
584 Springview Drive
120 Harnden Drive
22 Rustlewood Avenue
Your search ends today! Welcome to this beautiful updated detached home in the prestigious Amberlea neighborhood, 4 bdrm, 4 bath, updated stainless steel appliances, kitchen open to family room. MLS# E4397152
Lush forest & nature are the backdrop for this exquisitely designed Stalwood built home. Elegant & sophisticated, the open floor plan offers a great room with vaulted ceilings & natural gas f/p, dining area. MLS# X4360637
Located in the picturesque rolling hills of Bethany, this gorgeous 3 bedroom bunglaow was built in 2018 by new image homes and offers over 1600 sqft of luxurious, open concept living space. MLS# X4330562
$769,900
$775,000
$779,900
7562 Bamsey Drive
5233 Dundas Street West Ph#23
138 Hill Drive
Welcome to the lake. Highly desired Bamsey Drive, and it’s easy to see why. Over 90ft of beauty! Easy access to new commuter channels @the 407, yet private & secluded. MLS# X4390778
Location! Location! Tridel’s luxury penthouse suite with 10 ft ceilings, unobstructed east views! Open balcony, in the coveted Kipling & Dundas neighbourhood, granite in kitchen. MLS# W4396064
Professionally designed & decorated,this property shows beautifully. Great for year round living,cottage or rental potential only 5 mins to Buckhorn and less than 30 mins to Peterborough. MLS# X4357426
$799,900
$799,999
185 Coyle Road
63 Covington Drive
Pictures do speak louder than words for this very special place! Wooded 8acre property, only a 10min drive to hwy 7, a 30min drive to Peterborough, 20mins to the 401 & mins to public access on Rice Lake. MLS# X4395521
Executive 2900 sqft all brick Queensgate home is located in the family friendly community of Brooklin on a quiet street. Gorgeous hardwood flooring and 9ft ceilings flow through the open concept main floor. MLS# E4397033
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Listing Brokerage RE/MAX Rouge River Realty Ltd., Independently Owned & Operated. info@remaxrougeriver.com. Listings active as of publication date March 1, 2019. Not intended to solicit buyers/sellers currently under contract with other real estate brokerages.
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Call Team Dorani 905.668.1800 $849,000
$850,000
$1,099,900
507 Mill Street
40 Canadian Oaks Drive
914 Kelly Boulevard
Make this your showplace! Sitting on glorious 1.46 Acre lot, some of the special features of this 4 bedroom, 1.5 Bath home include safe storage for your his and hers BMWs, gorgeous grounds. MLS# E4332902
Beautiful all brick 3+2 bedroom bungalow in a lovely mature neighbourhood in Whitby. The backyard is your very own private oasis with in-ground pool, covered patio & perennials. MLS# E4396479
Western exposure on Chemong Lake in the village of Bridgenorth! Gorgeous updated family home with walkout lower level to lakeside, huge deck and covered patio to enjoy the sunsets. MLS# X4362100
$1,185,000
$1,199,900
$1,200,000
82 Cedermere Avenue
31 Windsor Valley Place
98 Church Street
Cobourg’s west beach is dynamic waterfront neighbourhood, a stroll from town on the boardwalk to this contemporary stucco/stone 2750sqft home with 9 ft. Ceilings & numerous upgrades. MLS# X4343742
Often sought & seldom found. This luxury home is nestled in the prestigious enclave of Windsor Valley place a custom Veltri built home. Aprx 3500 sq.ft. MLS# E4303629
One of a kind century beauty in historic Bowmanville! Built in 1877! 4314 Sq. Ft (mpac) looking for the entire family? Looking for income? Don’t miss out! This remarkable home boasts double staircase. MLS# E4386266
$1,348,888
$1,399,900
$1,599,000
241 Westlake Avenue
1968 Royal Road
4170 Edgerton Road
Solid brick detached home in trendy neighborhood, featuring 3 large bedrooms, large family-sized eat-in kitchen with w/o to private yard and rare double detached garage. MLS# E4379682
Absolutely gorgeous 4 bedroom custom built home located at the most convenient location. Full seven (7) year Tarion warranty. Over 3500 sqft.1 Min to 401, 5 mins to GO-station. MLS# E4396676
This impressive, custom built waterfront home sits on 39.54 acres! Featuring 25 ft vaulted ceilings, gorgeous kitchen, 5 bedrooms, 4 spa bathrooms & an unobstructed lake view to die for! MLS# E4396673
$1,650,000
$1,777,779
944 Yonge Street
49 Coach Crescent
Rare opportunity for the end user or investor. Street front multiple use retail in the prestigious Yonge & Bloor area with high density development underway, Yorkville, high traffic and TTC! MLS# C4376192
Approximately 5500 sqf of stunning luxury living home built on a premium lot. Featuring 5+1 bedrooms entertainer & retreat style home boasts designer chandeliers, led pot lights. MLS# E4396246
Listing Brokerage RE/MAX Rouge River Realty Ltd., Independently Owned & Operated. info@remaxrougeriver.com. Listings active as of publication date March 1, 2019. Not intended to solicit buyers/sellers currently under contract with other real estate brokerages.
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Delivering A Top Quality Experience To Our Sellers When it comes to selling your home you deserve the best, you want somebody that can get the job done - no broken promises, consistent updates, and results that make you feel relaxed and conďŹ dent. At Team Dorani we are dedicated to providing you an experience worthy of a ďŹ ve star rating. Want to know what your home is really worth? Call us for a free home evaluation. 905 668 1800
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