Category Archives: Uncategorized

Blog_July2017_5

Failure to Complete – What’s Going on in Guelph?

By | Buying, Selling, Uncategorized | No Comments

This isn’t the way I like to start off my week. I’m drafting a Mutual Release for a property that failed to close. Without getting too far into the details, clients of mine found out, on the day their home was supposed to close, that their buyers were unable to get funding. The process dragged out, but in the end, the buyers had to walk away from the purchase – and, in doing so, they essentially walked away from their deposit. Months later, after a series of negotiations between the two party’s lawyers, I’m drafting this mutual release – a…

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Selling a Vacant Home in Guelph

By | Selling, Uncategorized | One Comment

There are all sorts of personal situations that give rise to the action of putting a home on the market for sale. In some cases, folks are still living in those homes, but in others the property is vacant. Well, I’m here to tell you that, from the perspective of a Listing Agent, there are certainly some challenges associated with selling vacant homes in Guelph (or anywhere, for that matter.) Why? Well, let’s start with the reality that vacancy is one of the flags that a property may be distressed. Yes, just by virtue of being vacant, a home for sale in…

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The Investor’s Guelph Bungalow

By | Investment Property, Uncategorized | One Comment

One of the greatest things about them is the foundational footprint they create in the basement for an accessory apartment. The reason most people search for bungalows, as opposed to two-storey homes, when considering creating an accessory apartment is the fact that with a bungalow the square footage is spread out over one floor creating a much larger basement, whereas with a two story home the above ground floor space is stacked on top of itself resulting in a much smaller basement to work with. Bungalows are also sought after because of the lot size and the ability to have…

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The Metalworks – More for your money

By | New Construction, Uncategorized | One Comment

This is not your grandma’s condo. This is The Metalworks. This is The Distillery District and Gas Town before Starbucks moved in.  If someone told you 15 years ago that those neighborhoods would be what they are now would you find a way to get in on the ground floor and be a part of the revitalization and community that was built?  This is your opportunity. Right now in The Distillery District, new build condos start at approximately $536 per square foot of finished space (not including condo fees) but the average is much closer to $600. The starting cost…

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HIGHENDRENO

The high-end Guelph renovation project

By | Buying, Luxury Property, Uncategorized | No Comments

Over the years I have had many a conversation with different families struggling to find that elusive combination in a home – a large city lot lot with a new or updated house on it. They can find beautiful new homes on smaller lots and they can find beautiful bigger lots with dated homes on them, but cant seem to find the combination of both anywhere in the city. If you looked for a new place to call home in the last number of years, I am sure you can relate. There is a solution. It takes a little cash…

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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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