Monthly Archives: November 2014

oldhome

The scoop | century homes in Downtown Guelph

By | Buying | No Comments

Old homes have always had their fans – people who love the charm and character that only time can create.  As the City of Guelph implements its Envision Guelph Downtown plan to revitalize and develop the downtown area, including increased residential and job density, demand for its old homes will continue to increase. The “old” house is a subset of the resale market that offers many unique features.  Wide plank wood floors, original trim work and baseboards, stained glass and high ceilings all add a special character and charm that cannot be easily reproduced in a new build.  The appeal…

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Inside the data | 66 Rodgers Road

By | Investment Property | No Comments

Built in 1996 and managed by MF Property Management, Hartsland Hollows is a development of 60 – 3 and 4 bedroom townhome units, all with private driveways and attached single car garages. Situated on the corner of Edinburgh Road S. and Rodgers Road, this address has been an attractive location for investors looking to buy in the south end of Guelph. Average price per unit under $300,000 Achieve the same rent levels as other developments in the area costing more to buy Directly across the street from Hartsland Plaza (Zehrs major tenant) On direct bus route to the University of…

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GET_PLAN

So you want to flip homes in Guelph? better get your plan right

By | Buying | No Comments

I have over a decade of practical experience in working with renovators and builders who have successfully, and in some cases, very successfully completed a renovation project with a positive financial outcome. I have also had the unfortunate experience of working with some clients who haven’t been quite as profitable. I have learned some valuable lessons throughout the years without a doubt, but none more important than it is paramount that you get your plan right before you even consider purchasing a property. There are a number of articles in TWTalk concerning renovation for profit in Guelph, but if you…

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Freehold vs. condo | which way to go?

By | Buying | No Comments

So you want to buy a townhouse? Great! Now, the next decision is do we search for a freehold, or a condo?  There are pros and cons to both, here are my opinions on it: At first glance, freehold seems like the best path – no condo fees, no rules, you can do whatever you want! Want a blue door? Go ahead and paint it. Want a satellite dish on the front of your house? No problem. Don’t want to cut your grass, then don’t!  But you also can’t complain when the neighbour doesn’t cut their grass for a month…

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Inside the data | 1155 Gordon Street

By | Investment Property | No Comments

Constructed between 2004 and 2006, Gordon Gate is a development of 130 townhome units, all with private driveways and attached single car garages.  Located in Guelph’s south end between Edinburgh Road South and Harts Lane, Gordon Gate sits on one of only three major north/south arteries into and out of the city and is the only major artery to pass directly through the centre of the University of Guelph. Gordon Gate is currently one of the closer residential developments in terms of proximity to the U of G, but, finds itself a little further away than some other developments in…

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Buying a condominium in Guelph as a first-time homebuyer

By | Buying | 12 Comments

Buying your first home can be exciting! Knowing your needs and what you can afford are usually the first step when starting the search. So is buying a condominium home the best for you?  So far in 2014, 519 condominium homes have sold in Guelph. It is obviously a popular choice for many buyers. 470 of those were listed for under $350,000; the typical first time homebuyer price range. Here are a few things that you should consider with condominiums: ADVANTAGES Property maintenance; if there is grass to cut or snow to shovel, they will do it. Common Elements; not…

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Inside the data | 920 Edinburgh Road S

By | Investment Property, Uncategorized | No Comments

Fox Bend is situated smack in the middle between Kortright Road and Gordon Street, on the corner of Edinburgh Road South and Rickson Avenue. A mere 2 KM from the University of Guelph, on a bus route and close to shopping centres, have made this development a popular place to rent among students for the past several years. Built in 2000 by Reid’s Heritage Homes – this complex was originally targeted to young families, first time home buyers and investors. Gradually over time, Fox Bend has seen a demographic shift to more investor ownership than homeownership. Guelph as a whole…

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Inside the data | 1055 Gordon Street

By | Investment Property | One Comment

Hanlon Creek is situated at 1055 Gordon Street in Guelph’s south end.  Close to Kortright Road, it is one of only three major north/south arteries into and out of the city.  It also happens to be the only street to pass directly through the centre of the U of G (approximately 1.5KM south of the university). Managed by an established and efficiently run property management firm – Inspirah Property Management Ltd; Hanlon Creek is a development of 58, three and four bedroom town home condominium units, all with single private driveways and attached single car garages.  Built in the late…

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The rebirth of town homes in Guelph | back to where we started …

By | New Construction | No Comments

For several decades of booming residential construction in Guelph, town homes seemed to be viewed as more of a requirement than as a possible functional and stylish housing option. Well that is certainly changing … Borrowing from our European roots, town homes built many decades ago were not only economically and land use smart, they were filled with class – they were a smaller version of detached homes in size only, not in beauty. Somewhere along the path of progress, this concept got horribly lost. Attached homes became boxes lacking in design, all in the name of function. Two storey,…

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