Archive for the ‘Real Estate’ Category

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A Soft Market Is A Great Time To Consider A Real Estate Investment

Monday, May 6th, 2013

Pop quiz! What is a “soft market”?

A. An economic term describing an environment in which potential sellers outnumber buyers; also known as a “buyer’s market.”
B. An ideal time in which to invest in real estate.
C. A fantastical mercantile exchange in which alpacas and Angora bunnies buy cotton candy from each other with 500-thread count FluffyBucks.
D. A and B.

No surprises: it’s D. But even if you couldn’t have defined what a soft market is before taking the above quiz, it may surprise you to know that, because the real estate market is experiencing one right now, real estate investments may indeed be worth considering for you, even if you’d never before thought about buying an investment property.

What Makes This Such A Great Time To Consider A Real Estate Investment?

As stated above, this soft real estate market means that far more people are trying to sell property than purchase property at the moment, so buyers are the belle of the ball right now: basic principles of supply and demand dictate that real estate prices are terrifically low! In addition to the low property prices, record-low mortgage rates make real estate investment extremely affordable.

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Inside Custom Luxury Living: The DeGroote Estate

Sunday, November 11th, 2012

The rear of the DeGroote estate overlooking Burlington Bay

Luxury homes are usually a source of wonder and awe for many. Driving by the magnificent mansions lined up at Lakeshore Road in Burlington and Oakville, I’m reminded just how much I continually experience these properties as a sales representative at Canada’s number one RE/MAX team, The Invidiata Team.

We provide the experience of luxury living by not only specializing in the sale of luxury real estate but also by inviting our clients to the grand opening events of our luxury estates listed for sale and other VIP functions.

Recently, realtor, Christopher Invidiata listed one of the spectacular DeGroote family estates. Working with Christopher and Pamela Gottschalk, we hosted our clients and sponsors at the private open house event.

During the event, Canadian entrepreneur, Tim DeGroote revealed the opportunity to own one of the most prestigious residential properties on Burlington’s Lake Ontario waterfront: 140 Oaklands Park Court in Burlington.

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Meet Oakville’s Modern Day Castle

Monday, August 13th, 2012
Oakville Chamber Orchestra Event at Chelster Hall

Oakville Chamber Orchestra Event at Chelster Hall

Since construction completed in 2006, one of the largest and most awe-inspiring homes in Canada has been sitting for years behind its beautiful gates on Oakville’s stunning waterfront, just out of view of passersby. People have been left to wonder about the mysterious estate. On a warm summer day, as I pull my car up to the gates of one of Canada’s most distinguished private estates, my curiosity is about to be satisfied. I’m about to enter the legendary grounds of Hugo Powell’s magnificent, Chelster Hall.

On this rare occasion the grounds and gardens of Chelster Hall are open to over 200 honoured guests.  Guests have gathered on a Saturday afternoon for a sold out concert performance by the Oakville Chamber Orchestra, proudly presented by The Invidiata Team RE/MAX Aboutowne.

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Good News for the Oakville Real Estate Market

Saturday, July 7th, 2012
<br /> Oakville's Perfect House

Good news for Oakville residents looking to list their homes this summer! The market continues to show strength with homes in Oakville showing gains between the months of January to the end of May 2012 compared to the same period last year. There has been an 8.21% increase in the number of residential properties traded and the average sale price has increased by 9.81%. Furthermore, the median sale price has increased by 12.62%!

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West Harbour Real Estate Update

Saturday, May 26th, 2012
Oakville townhome

West Harbour continues redefine itself as one of Oakville’s toniest communities, with prices to match. Older homes are being torn down to make way for state of the art construction.

This past year West Harbour has seen the final sales of 111 Forsythe (Daniel’s ubber luxurious condo) and the addition of several excellent restaurants.

Soon the community will see it’s first Starbucks (the first west of the 16 Mile Creek and south of the QEW).

Several new properties are being built on its fringes, so it is hard to determine if the boundaries will change again to include those between Brock and Dorval.

The average price for a detached home in West Harbour is $1,150,000 and took about 103 days to sell. However, with several of the older properties being purchased for land value this average will likely grow significantly over the next few years. The highest price paid for a detached home was $1,800,000 and the lowest was $600,000. It took as long as 318 days and as little as 3 days to sell.

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