Archive for April, 2015

705 Freeport Street, “Towns in Hyde Park”

Thursday, April 30th, 2015

P1200723by Peter Daoust Broker, Remax Advantage Realty Ltd. Brokerage. Drewlo a builder with 55 years of experience and over 7,500 units built to their credit is pleased to announce “Thrive” a townhome project at 705 Freeport Street off of Fanshawe Park Road on the south side and east of Hyde Park Road. Yes we said 7,500! This time 85 new townhouse units are going up. Three bedrooms designs with single car garages and 2.5 baths. Sizes vary from 1,425 – 1493 sq. ft. and with some completions in less than 60 days. This construction activity is in full speed and highly visible from Fanshawe Park Road.P1220189

These will be rental units with rent prices starting somewhere in the $1625. per month price range. Shopping and a new high school are nearby. In this environment the new thinking for some developers is that it’s best to start new projects like this with a “build and hold” attitude 😃 and at the same time “build and list”the entire package for sale with Toronto Real Estate Brokers  who potentially offer the allure of working with out of town buyers. Wouldn’t it be nice afterall to presell a complex of 80 or so units?  North West London is once again growing.

“Ironstone Built”

Sunday, April 26th, 2015

P1180510by Peter Daoust,Broker Remax Advantage Realty Ltd. Brokerage

South East London condos- new construction starting in the $200,000 range. “Ironstone” is busy working on 55 new units as a continuation of a previously stalled out site at 3320 Meadowgate Blvd. Walk to new schools and a park plus enjoy easy access to the 401 ! Open fields off in the distance.

This was a condo project first started by Z Group a few years back. Ironestone now offers entry level new pricings and quick closings.Two storey styles with open parking. As the project progresses the final units will be slightly different than the current models now avaiable. They will be of the style that the “Z Group” first started with here, more of a upper level/ main floor level low rise apartment style. These are more of  what could be called an “American” style next to golf coarse type of design. Why buy something twenty years old when you can instead go brand new with a price competitive builder? Visit their furnished model at this address on the weekends.

1205.ca

Wednesday, April 22nd, 2015

P1200504by Peter Daoust,Broker. Remax Advantage Realty Ltd. Brokerage

It’s easy – type in 1205.ca.    “A small community of beautiful new homes steps away from picturesque Springbank Park and the commercial centre of Byron, a vibrant London neighbourhood..”

Aleck Harasym Homes and Wasko Developments. 12 models, 23 lots. Press your finger on your favorite lot and see what model you can build on it and whether or not it is available!P1210802

This project of freeholds ( on Riverside Drive West ) seemed forever to get going but what a great location and what trusted builders.

 

1452 Byron Baseline Rd W. – New Upscale Condos

Saturday, April 18th, 2015

By Peter Daoust, Remax Advantage Realty Realty Ltd. Broker.

The new sign on the project at this address by Millstone Homes says “Time Flies: Moments Last”. Welcome to a new project of eleven vacant land detached two storey dwellings called “Alcove” on a two acre site ( 349 x 249ft.). This is on the south side of Byron Baseline Road near Grand View.  The work on some of the foundations and some of the early framing is now started.DSC_0028

This will be “contemporary architecture” at it’s best. The Millstone website about this new project is still to be updated however a PDF file as to what it might look like is online. Google “1452 Byron Baseline Road – City of London”. The look of this part of Byron is soon to be very much different!

Views of Springbank Park in New Condos

Tuesday, April 14th, 2015

P1200505By Peter Daoust, Broker Remax Advantage Realty Ltd. Brokerage.

Here is some early news about a five unit upscale condo project starting at $699,900 with underground parking and overlooking the Thames River and Springbank Park. Super modern in design. These units are not built yet. To find the pdf file online which shows an overview of the blueprints go to 1218riversidedrive.ca

If the search engines are having a difficult time finding it (it’s all new to the web) go to bridlewoodhomes.ca and send them a message. The west end of London has a couple of new high end condos projects in the planning stages and you have to be quick to reserve the best locations.

Moving to Stratford Ontario

Thursday, April 9th, 2015

ab29rby Peter Daoust, Broker Remax Advantage Realty Ltd. Brokerage

In a recent blog I made mention of an article in the Toronto Star entitled “Why Many Retirees are flocking to Stratford”. Google it if you wish. It’s a great read. What I didn’t mention are other retirement articles written using the same word “flocking”. The Montreal Gazette, the Ottawa Citizen and the Vancouver Sun all have archived articles entitled “Retirees flocking to Peterborough Ontario”. Reading and writing about retirement living now seems to be in vogue.

The decision for many to move to Stratford is a difficult one to make. Stratford is without question a beautiful city and a wonderful retirement destination. Many of the people now looking to purchase here are long time visitors. They know the town’s layout, they can see how it is changing and will most likely already have their favorite parks, farmers markets, restaurants and shopping experiences to look forward to. They also come because of their affinity  for the Stratford Festival. Yet the ultimate factor in moving here is not really about what the town has to offer in the way of amenities. For many the decision on moving here is more about making a final act of cashing out of the location that they currently living in. That’s the tough part of the process. Many residents in the G.T.A. area are now  afterall witnessing their homes appreciating in value by tens of thousands of dollars  year after year. It’s difficult to try and rationalize why one should be bucking this trend and moving away. On paper it seems to make more sense to simply hang in a little bit longer. Why sell yourself short as you may need that extra money someday in the future? Some farmers  thinking of retiring to Stratford who now live in the immediate area are also asking themselves the same question. Land prices are on the rise. In comparison, Stratford’s prices are only modestly increasing.a14

Collingwood, Tillsonburg, Windsor and Port Hope. The truth is that many different affordable living  accommodations can be found all across Ontario. Are you planning on moving if and when you retire? If your thinking about Stratford does it make more sense to first purchase an income property there as a way of  testing the market? Do you have a good agent in that city looking for you for something special? So many people now seem to be watching the Stratford real estate marketplace. Afterall, wouldn’t it be wonderful to wake up to the views of Lake Victoria and to be able to walk downtown for a morning bagel with cream cheese and a coffee? If not a duplex, should you perhaps be looking at an older house that needs money put into it to make it more to your likings or a downtown area condo which you could rent out until you are actually ready to retire?45

Now consider this. In the business section of The Toronto Star on March 20th 2015 Susan Pigg wrote an article entitled “Waterloo housing : the dream … and the surprising reality”. The Waterloo-Kitchener area is only thirty five minutes away by car. It states that the population of the Waterloo region is expected to grow by 230,000 people over the next sixteen years. It also supplies numbers about the growing number of aging baby boomers in the Waterloo region. These numbers quoted are huge in comparison  to Stratford’s current population count. Isn’t Stratford then soon to witness an overflow of this neighbouring growth?

One final thought. Getting to Stratford from the G.T.A. area is a straightforward adventure. Just stick to your GPS ‘s route along Kitchener’s downtown freeway after you exit the 401.  Before you know it you will be wisked away from it’s core and out into the countryside and then off to Stratford. Ps. Wait until you get to Stratford before you buy a coffee. Everything in Stratford is better!