Gorgeous family home in Lisgar: 3254 Fanleaf Drive

​Welcome to 3254 Fanleaf Drive- a spacious family home on a quiet street in the Lisgar community. At just over 2000 square feet, with 3 bedrooms (originally converted from a 4 bedroom floor plan), 2.5 bathrooms, beautiful ash maple hardwood in the living room, dining room, family room and master bedroom, skylights, a new roof and new patio doors,  and painted in tasteful designer colours throughout- it's the perfect family home. 

Fanleaf Drive is situated in a fantastic location walking distance to Metro, The Lion's Head and local shops, a five minute drive to the Argentia big box shopping center and restaurants, Lisgar GO station and highways 401 and 407. The home is also located in one of the most highly desirable school districts in Mississauga: St. Therese of the Child Jesus Catholic Elementary School and Plum Tree Park Elementary School. Priced at $639,900.

If you'd like to see the house in person visit our Open Houses this weekend on August 29th and August 30th from 2-4pm. 

Be sure to watch Melanie's hosted video tour of the home by clicking the photo below:

 

 

 

 


Just Listed in Churchill Meadows: 4028 Coachman Circle

This is a fabulous opportunity to buy into high demand Churchill Meadows! This property has been beautifully updated and maintained by the original owner and offers several unique features including an unusually wide lot (30ft) that allows for a spacious and open concept floor plan, an extended driveway that allows for 2 car parking, and a private backyard (no neighbours behind) with a natural stone patio and gas bbq line. 

This home also features 3 spacious bedrooms, hardwood staircases, and a gorgeous professionally finished basement w/ pot lights, wood floors, a cold cellar and a finished laundry area. 

Come by our open houses on July 18th and 19th from 2-4pm. Call Melanie or Lynne at 905-278-8866 to book a private viewing. 

View Melanie's hosted video tour by clicking the photo below. To see the full MLS listing click HERE

 

 

 

 

 

 


Stunning Townhouse in Churchill Meadows: 3089 Wrigglesworth Crescent

We just listed this beautiful townhouse in North Churchill Meadows: 3089 Wrigglesworth Crescent. 
 
This bright and sunny freehold townhouse is deceivingly spacious and offers large principal rooms and well planned space that's been impeccably maintained and renovated by the original owner.  There's 3 bedrooms and 2.5 bathrooms, a spectacular, professionally finished lower level (the owners spent 20k in 2014) with a 3 piece bath, large recreation room, abundance of pot lights, and quality laminate flooring. No neighbours in the front and a private backyard with no neighbours directly behind. There's garage door access inside the house and the extended driveway allows room to park 3 cars. Brand new Fridgidaire 'Gallery' appliances, new roof, new floors, no carpet anywhere in the house!  Freshly painted with designer neutral colours throughout. Excellent neighbours and location offering a rare community spirit in the immediate area. Move in ready, efficient and affordable to run! 
 
Priced at $489,900. Come by our open houses this Saturday June 27th and Sunday June 28th from 2-4pm or give us a call to book a private viewing: 647-389-8081.
 
To see the full MLS listing click here
 
View Melanie's Hosted Video Tour to see the entire house by clicking the photo below:
 
 
 

Just Listed: 3836 Coachman Circle

 

Priced at $489,900: This beautiful and spacious 3 bedroom, 2.5 bathroom freehold townhouse features beautiful hardwood flooring on the main floor, an open concept kitchen with brand new stainless steel appliances, and it has been freshly painted throughout. With a quaint backyard with mature trees, patio and gazebo it's a lovely prive space but the location also offers easy access to public transit, major highways and local schools. 

Come by the Open Houses this weekend from 2-4pm on Saturday and Sunday or give us a call to book a private viewing. 

View Melanie's hosted by clicking the photo below:

 

     

 

 

 

 

 

 

 


First Time Home Buyer Seminar

Are you thinking about getting into the real estate market as a home owner or investor for the first time? Or do you know of anyone looking to purchase their first home? We would be grateful if you passed along the invitation! 

Topics we'll be discussing at this First Time Home Buyer Seminar:

- The costs of home ownership vs. renting
- How to get started in the home buying process
- The process finding and purchasing your first home
- What your money buys you in different areas
- Hot spots to buy in

We'll have our mortgage specialist from Scotiabank on hand to explain the mortgage process and answer any questions and you'll also receive some information packages to help explain the Agreement of Purchase and Sale, a breakdown of closing costs and an overview of the process of buying your first home. AND it'll be in a fun and non-threatening environment.

Don't worry there's nothing for sale and there's no commitment, this is an educational event to demystify the buying process for our friends and their friends. Join us to figure out how to start building your wealth.

The event is limited to 30 seats so please RSVP to the link below by February 23rd.http://thamteambuyerseminar.eventbrite.ca/


Just Listed: 1355 Rathburn Rd. E #31

Today we're excited about our newest listing in Rathwood close to the Mississauga and Etobicoke border priced at $499,900. Boasting 3 bedrooms, 4 bathrooms and a spacious floor plan with finished basement this executive townhome won't last long!

Visit our Featured Listings page to view the full listing by clicking here. 

See the video tour by clicking here.

Call us today if you know anyone who wants to buy or sell in the area!


First Time Buyer Series: Before Closing Day

Congratulations on purchasing your first home! We’ve put this together to help you figure out what you need to do before your closing day. 
 
What happens on the closing day? A few days before the closing day, your lawyer will meet with you and go over all the documents such as the statement of adjustments (a document that details adjustments to the purchase price based on bills/taxes paid in advance or owing by the seller). On the closing day, your lawyer will have all the details for your financing from your bank and will transfer funds  to pay for the remaining amount owed on the property (your purchase price minus your deposit check). Once this is done and the title of the property has been transferred into your name, you will get a call from your lawyer’s office to go sign documents and pick up the keys to your new home! This can take varying amounts of time depending on a few things so you might have to be patient, however this will absolutely happen no later than 6pm on the date of your closing. 
 
How can I prepare for my closing day? There are several things to do before your closing day:
 
1. Hire a moving truck.  
Just remember you may not get access to your home until 6pm on the day of closing so you might have to be flexible with your truck rental.
 
2. Arrange to have the bills transferred into your name.
The seller will ensure that they cancel all of their services and so they can  then be set up in your name. Sometimes you may need to call a technician to come and set up in your home for things like cable- we recommend calling a week or two before your closing to ensure you get an appointment. If you have just purchased a condo, your maintenance fees may cover some of these costs and you may not need to set up utility accounts. We have provided some of the main services and phone numbers you may need to call below (these may vary depending on your city):
a. Heat- Enbridge Gas: 1-877-ENBRIDGE (362-7434)
b. Water- Peel Water:   905-791-8711  
    Halton Water: 905-825-6000 
    Toronto Water: 416-338-4829
c. Hydro- EnerSource: 905-273-7425 (for Mississauga) 
d. Cable/Internet/Home Phone- Rogers Cable: 1-866-210-4059  
    Bell: 1 888 759-3474 Cogeco: 1-855-404-0005
 
3. Put aside money for closing costs.
Usually it is recommended that you put aside 1.5-3% of your purchasing price for closing costs (usually it will be on the higher end if you are purchasing in Toronto). These include adjustments for utilities, lawyer fees and land transfer tax. In Ontario, every time you purchase a property you must pay land transfer tax on closing. In Toronto you must pay both the Ontario tax and a Toronto land transfer tax. First time buyers receive a rebate on their tax up to $2000 and your lawyer can arrange for this rebate to be transferred back to you on closing. You can also receive a rebate for the Toronto tax if your first home is purchased in Toronto. To find out exactly how much you will owe, check out our land transfer tax calculator at http://www.thamteam.com/Land-transfer-tax.
 
4. Arrange Home Owner's Insurance
Whenever you get a mortgage, your lender will always require proof  that you have acquired a home insurance policy. If you are purchasing a condo sometimes the fire insurance included in your maintenance fees is enough to satify this requirement, however it is recommended you get both even if this is the case. You can usually get a package deal with your auto insurance or you may be able to get home insurance through your bank. The cost will depend on the size of your home but as an example a home in the price range of $500,000 will be in the ballpark for $50-$75 per month. 
 
 
5. Wait to buy big ticket items.
Avoid purchasing new furniture or appliances on credit until after you have moved in as this can affect your credit score and potentially affect your ability to get your mortgage on closing day. 
 
For more information contact Melanie at melanietham@kw.com. 
 
 
 

Trick or Treat!

In light of the Halloween season, we had our annual neighourhood Tham Team Pumpkin Giveaway yesterday and Simon's Halloween treats were a hit with the neighbours! Just a disclaimer- this post has virtually nothing to do with real estate and more to do with Simon's fantastic hosting skills. 

If you're looking for some ideas for a Halloween party or you just want to make these for fun- here's some of the pictures of Simon's best creations.

These are pumpkin shaped hummous dips with shredded carrot and green onion as the stem. The Jack O'Lantern face is made of olives. 

Monster teeth made of apple slivers, natural peanut butter and almond slivers. 

Graveyard dip- I think this was the most underrated dish, it tastes much better than it looks (the chips are meant to be headstones). Made of salsa, sour cream, refried beans, avocado and tortilla chips. 

These Hot Dog Mummies were definitely the most popular- if we had made 3 more batches that would probably still not have been enough! The ones in the picture above were just about to go in the oven, but when they're actually done they have little mustard eyes. Made with half a hot dog, and draped in Crescent Rolls dough. 

Happy Halloween and thanks to our neighbours for joining us yesterday!!


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.