This Ain't The Imitation Game: 3207 Barwell Road... It's The Real Thing

This ain't The Imitation Game... it's the real thing.  Welcome to 3207 Barwell Road: A meticulously maintained  4 bedroom, 3.5 bathroom home offered for sale at $639,900. You might get Whiplash when you see all the fantastic features in this 2232 square ft home-  large bedrooms, large eat-in kitchen, renovated ensuite and powder bathrooms, gleaming hardwood floors, new berber carpet, a finished basement that comes with a Brunswick pool table, a beautiful back garden with a gazebo and the list goes on. It's your very own Grand Budapest Hotel in Mississauga!

3207 Barwell is situated on one of the most settled (only 4 sales since 2010) child friendly streets in Erin Mills where Simon spent his own Boyhood (Ashgrove Alumni Shoutout!). Everything is Awesome about this neighbourhood as well with Lifetime family fitness center within walking distance and  Erin Mills Town Center and major HWYS within a few minutes drive. 

Our Theory of Everything leads us to believe this one won't last long so you'd better scope it out before Bradley Cooper does. Call us today for a private viewing or come by the open house on Saturday January 24th and Sunday January 25th from 2-4pm.

Visit our Featured Listings Page for more information.

To view Simon's Hosted Video tour click the first photo below. 

 

 

 

 


Area Spotlight: Erin Mills

As a team we're a little biased, but right now we think West Erin Mills is a great area in Mississauga to live in. 26 years ago our family home was on Chartrand Crescent (just off HWY 403 and Winston Churchill). Simon and I grew up playing on bendy tree lined streets, went to the local school and enjoyed family bike rides through the Pheasant Run trails. Check out the map below to see the area we're are talking about. 

26 years later the area is now in transition. The kids we grew up have grown up and moved away from home and our former elementary school Ashgrove actually had to close because of a shortage students. However a new trend is emerging as homeowners our parents' age are starting to downsize out of the area and young families are making their way back in to enjoy the maturity of the neighbourhood, the excellent amenities and the wider lots and style of homes you can get for mid range prices. We just sold our clients' home in the neighbourhood and we can honestly say with 11 offers on the home (and with other homes in the area going quickly as well), buyers agree, West Erin Mills is a desirable place to be. Read some more information about the area below. 

Style of Homes:

The majority of homes in the area are single family detached homes with wider lots than what you might see in newer neighboorhoods like Churchill Meadows. There are a variety of single car garage homes mixed with double car garage homes and the majority are 2-storey with brick exteriors.  The homes in this particular area were all built approximately 25-30 years ago. 

Price Range:

Depending on the size, style and finishes as well as the exact location (there is a pocket in the central west part of West Erin Mills where the values tend to be lower) the homes vary in price from $450,000 to $900,000 +. The average sale price from January 1st 2013 until now is $613,644. 

Area Amenities:

Just off the 403 sits the newly constructed luxury family fitness center Lifetime which features an outdoor pool, rock climbing wall and indoor lap pools. With two of our family members as active Lifetime members we can speak confidently when we say the gym is a huge draw to the area. 

The area is minutes to HWY 403, 407, QEW and Clarkson and Erindale GO Stations and has several parks closeby.

Schools:

Loyola Catholic Secondary School was recently relocated and rebuilt at the West edge of the area. Garthwood Elementary school sits at the south part of the area while high school aged students in the public school system are bused to either Clarkson Secondary School (where Simon went) or if your child is in the enhanced learning program or french immersion they can attend Lorne Park Secondary School (where I attended) one of the most esteemed high schools in the Ontario. 

Check out the video tour of the home we recently sold in the area: http://www.youtube.com/watch?v=Y63U9-BlgII 

If you're thinking about making a move, call us today and whether it's Erin Mills or another area in the GTA we can help you and your family find the right area that will work for your budget and needs. 

Enjoy the weekend and the warmer weather (fingers crossed it will stay this time!!), 

Melanie

 


Just Listed: 3151 Valcourt Crescent Video Tour

Check out our newest listing on our Featured Listings page here: http://www.thamteam.com/3151-valcourt-cres 

Also, we've started offering our clients our new video walk through tours of their property to showcase it's best features to those searching for homes online. See our new video tour walk through by clicking the photo below!

 

 

Have a lovely weekend!


First Time Buyer Series: How Much Money Do I Need?

When you are purchasing your first home it’s important to know the costs involved so you can plan accordingly. Talking to a mortgage broker is a great first step to figuring out a buying range. Here are some of the costs that you will incur once you decide to buy a home.

1.      Professional Agent Fees

a.      Great news! As a buyer, the professional fees for your agent are paid by the seller so you do not have to pay a fee to have a buyer agent working for you.

2.      The Deposit

a.      The deposit is an amount of money that you submit with your offer and is applied to your down payment on the day you take possession of the home. For first time buyers who are not competing on a purchase, usually this amount will range from $10,000 to $15,000. You will need to have this amount available in the form of a certified cheque 24 hours after an agreement has been accepted. This means if you are putting in an offer you should be ready to move around funds right away.

b.      First time buyers can use up to $20,000 from their RRSPs to put towards the purchase of a home- sometimes this money can be used as a deposit for a home depending on if your bank allows you to unlock them beforehand (this may vary from bank to bank).

3.      Home Inspection

a.      If you choose to do a home inspection (we always suggest that you do), the cost can vary depending on the size of the home. This can range anywhere from $100 (for a condo) to $500 (for a larger house) depending on the inspector you use.

4.      Lawyer Fees

a.      Lawyer fees also vary- but you can expect these costs to range from $800 to $1200. These fees are paid on the closing day (the day you move in) to your lawyer.

5.      Title Insurance

a.      You will also have to pay for title insurance on your closing day this is a standard fee of $430.00 for any purchase under $450,000. You lawyer takes care of this for you.

6.      Disbursements

a.      Disbursements is when the lawyer performs a title search on a home to ensure that the seller is indeed the owner of the home and is in good standing with their mortgage etc. This usually costs anywhere from $75.00 to $150.00.

7.      Adjustments

a.      These are when the lawyer makes adjustments to the purchase price based on the utility bills and property taxes that have been paid in advance or need to be paid still by the seller. For example, if the seller has paid the property taxes for the year in advance, then an adjustment would be made so the buyer would pay the excess amount the seller paid back to them on the closing day. Your lawyer will have an idea of what the adjustments are a few days before your closing day.

8.      Land Transfer Tax

a.      When you purchase a home in Ontario you have to pay a land transfer tax to transfer the ownership into your name. When you purchase in Toronto you have to pay two taxes- the provincial tax as well as a municipal tax. In cities outside of Toronto like Mississauga and Oakville, you only have to pay the Provincial tax.  First time buyers are given a rebate when they purchase their first home and this can be automatically filed by your lawyer on the closing day and the money will come right back to you. The rebate is up to $2000 (you can get the rebate for both the Toronto tax and the provincial tax if you are purchasing in Toronto). Go to http://www.thamteam.com/Land-transfer-tax  to use the land transfer tax calculator and see what kind of tax you’ll need to pay based on your purchase price.

Summary

Usually it is recommended by mortgage lenders buyers put aside an extra 1.5% of the purchase price for all of the items listed above, however this amount often does not take into account the rebate that you will receive for land transfer tax as a first time home buyer. This number may also be higher if you are purchasing in Toronto.

 

For more information contact Melanie - melanietham@kw.com.


Open House this Weekend

Come see us at this stunning townhouse in Meadowvale this weekend!

Join us at 2881 Windwood Dr. #23 this weekend for an open house on Saturday and Sunday from 2-4pm.

This goergeous recently renovated end unit townhome is located in a beautifully maintained complex close to major highways and amenities. Featuring three bedrooms, floor to ceiling windows in the living room and stunning private backyard backing onto a park.

Listed at $349,500. Call Melanie for more details 647-389-8081.

 


Working with People you Trust

We really value every single referral we receive because we know that means people value our services and trust us to deliver  the same level of service to their friends and family. We in turn want to refer some of our trusted suppliers who we know will do an excellent job for our clients.

The period of time just before, during and after you purchase or sell your home is what we like to call the "Red Zone"- a crazy and sometimes stressful time where you have some big decisions to make. We want to make the experience easier for you by referring you to the people we know and trust to do an excellent job for you. Real estate lawyers, mortgage brokers, stagers, designers, home inspecters- they are all key players in helping you through the process. 

See our recently updated Preferred Suppliers Page to see who we recommend for each job:

http://www.thamteam.com/Preferred-suppliers

 


New Listing: 3838 Coachman Circle

Check out our newest listing! French Inspired freehold townhome in the heart of Churchill Meadows, walk to schools, transit, minutes to all major highways and Lisgar GO. 3 bedrooms, 3 bathrooms and a fully finished basement. Listed at $419,900. Check out the pictures for 3838 Coachman Circle at this link: http://www.rstours.ca/6241

We spend a lot of time helping our clients prepare their home so it looks its very best- right from helping to choose the most neutral, buyer friendly colours, to staging the home with accent pieces to make it stand out from the rest.

For more information about this listing or to find out how you can recieve the same level of service when listing your home, call the Tham Team at 647-400-2945.