I always find a major factor that stops people from being able to purchase a home or a property is the downpayment. Costs of homes in the GTA are at an unreachable level for many – or at the most part – people are stretched to their limit trying to afford housing and balance all of life’s expenses. Here are the numbers and the facts regarding your initial downpayment. Arming yourself with information is the first step to achieving the goal of home ownership.
How much do you need? Not surprisingly, most Canadian homebuyers purchase a property with the absolute minimum downpayment. The thing is, the minimum can vary, so you want to be sure you know how it’s calculated.
Will you live in the home? If the house will be owner-occupied, then you need 5% down for the first $500,000 of the purchase price, and 10% for any amount over $500,000 up to $999,999. If the purchase price is $1,000,000 or more, the minimum down is 20%.
Continue reading Know the Numbers!
The 2nd Annual Elizabeth Gardens Community Yard Sale
on June 16 was a huge success. With a total of 24 homes participating this year, the crowds that came by were much larger than the previous year. Over 20 directional signs were put up around the neighbourhood – and maps were posted on https://gsalr.ca/
and the Facebook community page.
We got lots of positive feedback from the participants that the sale was a great success. We also received some great suggestions and interest to participate next year.
It was great to meet so many of you and the weather held up nicely for the morning. Please watch out for information on next year’s sale in the mail – and spread the word to your neighbours. We can make this a huge annual event.
Realestating.ca is proud to sponsor this event to help the community. Elizabeth Gardens is definitely an amazing neighbourhood with great people. It’s truly a great location and community.
Please keep Realestating.ca in mind if you have any questions regarding buying or selling a property. If you have friends or family that will be looking to buy or sell – please remember to pass my name and contact information on.
Looking forward to next year!
The 2nd Annual Elizabeth Gardens Community Yard Sale is going on this Saturday from 8:00 am – 1:00 pm with over 20 homes participating in the neighbourhood!
It looks like it’s going to be a beautiful morning – come out and explore the neighbourhood while doing some treasure hunting! There are a lot of homes for sale in the neighbourhood as well! Come take a look and discover this beautiful area!
Elizabeth Gardens is minutes from the lakefront in South East Burlington and minutes south from the QEW and Burloak exit. It’s an amazing neighbourhood with many types of homes mostly built in the 1960’s – and lot of re-developed homes.
Hope to see you out this weekend!
I know it doesn’t feel like it right now – but Spring is here! And you know what spring means…Yard Sale Season!
Probably my second favorite season after Christmas.
We are hosting and sponsoring the 2nd annual Neighbourhood Yard Sale in Elizabeth Gardens, Burlington.
This is the south east pocket of Burlington – right beside the border of Oakville.
This little pocket of Burlington is a great area, filled with homes mostly built in the 1960’s – but there’s a lot of development and rebuilding going on. Great neighbourhood, great schools, a short walk to the lake, plus easy access to the QEW and GO train. All that you can ask for!
If you live in this idyllic area – and would like to participant in our 2nd Annual Neighbourhood Yard Sale please sign up here.
Continue reading It’s that time of the year again!
Buying Real Estate is a big deal, and whether you’re doing it for the first time or the fifth time, buying a home can still present uncertain situations.
Before you embark on the journey, take a few moments to read my suggestions:
1. Find the right Realtor that will work well for you. Let’s face it – the real estate industry is saturated with Realtors: from friend’s referrals, to family members, to the agent who is active in your neighbourhood. Take some time to meet at least two Realtors to figure out who you would like to work with. Knowledge, experience and reputation is important – but also find a professional that you click with. Personality matters a lot, and you want someone you feel you can trust and who will lead you though this journey. Did you research and ask for referrals, look up their website, and confirm they are a registered representative?
Continue reading Giselle’s professional tips on navigating through an uncertain real estate market