Waterfront Price Reduction

We’re very excited to announce that we have just secured a substantial price reduction on this incredible Talbot Trail waterfront home.  Situated on nearly 2 acres of land, you can relax and enjoy the peace not only of the panoramic lake view, but also from the large naturalized perennial garden. The house itself offers true main-floor living complete with extra-wide wheelchair accessible doorways.  Built to a high standard and quality of finish, there is radiant in-floor heat throughout the home.  If you are looking for a piece of waterfront land without the hassle of neighbors out your side door, then look no further than the space and tranquility offered here.  Now action priced for a quick sale.  Don’t delay!  Contact Us for more information and to book your personal viewing today!

Play VisualTour

 

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

New Lakefront Listing

We just finished uploading this spectacular 1.89 acre waterfront property on the northern shores of Lake Erie.  5614 Talbot Trail in Chatham-Kent-Merlin is an 11 year old ranch featuring a gourmet kitchen complete with large island, 3 bedrooms, 2 bathrooms (including a nice ensuite) both featuring bright skylights, radiant in-floor heating and large windows throughout.  The rear yard is park like with a beautiful perennial garden and walking path leading to the shoreline. Enjoy the late afternoon sun from an enclosed 3 season porch.  Located 45 minutes from Windsor, 30 minutes from Chatham and 90 minutes from London.  Check out the virtual tour and Contact Us today for more information.

Play VisualTour

 

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

Good News for Local Real Estate Market

A post  by the Windsor Star today cites a recent Canadian Real Estate Association report that shows some positive momentum for the Windsor and Essex County real estate market.  The Windsor area market was one of only 5 in Canada to see an increase in the dollar value of home sales from the previous year.  In fact, local prices have jumped 14.9% over last year.  Affordability may be one of the biggest drivers for this positive momentum.  With so many markets across the province and the country over-heating, many are selling their homes and relocating to the area and purchasing a similar (or even upgraded) home at a substantially lower price.

This echoes the recent Coldwell Banker report that said the local market was in fact the most affordable in all of Canada – and by a wide margin.  Consider our recent townhouse listing near the Kingsville Golf Course.   For less than what you’d pay for a small studio condo in the GTA you can purchase a freehold end unit townhouse complete with finished basement and a beautifully landscaped garden.  Affordability mixed with our temperate climate makes this area a natural destination for retirees which the Star cites as a further driver of growth in the market.

While you’re here, check out our listing page.  For information on the area and why this is a good time to invest here, Contact Us today!  While you’re at it, like our facebook page to be the first to know about new listings gain access to great information through our blog.

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

OPEN HOUSE – 438 East Beach Leamington

We’ll be conducting an open house this Sunday from 2-4pm at 438 East Beach in Leamington. Come see how beatiful the views are both of Lake Erie and Hillman Marsh.

 


View Larger Map

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

Cottage Sales Up in 2012

A recent moneyville.ca article suggests that softer prices are driving people back towards recreation properties in numbers not seen since 2008.  The article says that “Sales are up in 70 per cent of Canadian markets examined for the annual study and on a par with last year in another six per cent.  But prices remain soft, or even depressed, in most areas of the country — and those who are opting for cottages aren’t willing, for the most part, to spend more than $400,000, the study found”*.

$400,000!  If that is what stands as a bargain in cottage country, we think you can find a steal in Windsor-Essex!  We have a number of lakefront properties starting at under $200,000 with some even under $100,000.  We again encourage you to think of this region as an alternative destination for your recreation dollar.  Contact us for more details on what this area has to offer and our brokerage can do for you.

*http://www.moneyville.ca/article/1212895–cottage-sales-booming-as-buyers-seek-out-lakeside-bargains

438 EAST BEACH – Price Reduction!

We’ve secured a price reduction for this amazing waterfront property just north of Point Pelee.  Given its open concept layout and generous window coverage you’re able to enjoy a panoramic view of Lake Erie to the east and Hillman Marsh to the west.  Serious consideration will be given to all offers.  We have an open house scheduled for Sunday July 1st from 2-4 but contact us today if you’d like to see it before then.  $234,000.

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

 

Lake Erie Waterfront Cottage Inventory

This is a follow-up to a post from last week that made the case for Leamington, Kingsville and Colchester as an alternative destination for those in the GTA or parts inbetween looking for a cottage or recreational property.   The north shore of Lake Erie has a distinct geographic advantage that combines a beautiful lakefront with a favorable climate and a generally longer summer than most areas of the province.

Perhaps the biggest advantage however is the region’s position in the provincial real estate market.  Overall, the area has some of the most reasonably priced homes meaning your recreational dollar goes a lot further here compared to some of the more established cottage markets in Ontario.  To  illustrate this, it is useful to dive a little deeper into the available waterfront inventory (as of May 29, 2012) to see exactly what we mean.

Currently, between Kingsville, Leamington, Essex and Wheatley, there are 70 waterfront homes being marketed on realtor.ca.  The average price of these properties is $372,121.  Of this number, there are 17 homes that are listed under $200,000 and 2 that are listed at $1.5 million and above.

Below is a breakdown of listings by area.

  • In Leamington, there are 34 listings with an average price of $318,190.
  • In Kingsville there are 20 properties available.  The averagle list price is $499,380, driven by the large number of luxury waterfront homes as there are 9 properties listed in excess of $500,000.
  • In Essex/Colchester there are 11 properties available with an average price of $340,172.
  • In Wheatley there are 5 properties with an average list price of $252,096.

In sum, it’s apparent that there is a good supply of waterfront property available in the area.  The buy-in price is under $100,00 (3 below this price) and there are many properties available under $200,000.  The data further shows that there is a good supply of luxury waterfront properties in which you get amenities not seen at this price point in most other places in the province.  Considering a moneyville article from last May which suggested the averagle Lake Muskoka cottage was $1.2 Million this area may in fact be a greal alternative as a cottage destination.*

For access to information about the listings that have been mentioned or for more detailed information about the area, please fill out the contact form below.  Better still, contact Sales Representative Brad Reiter at 519-326-6154 to arrange a personal tour of the area.

*http://www.moneyville.ca/article/997282–average-lake-muskoka-cottage-is-1-2m

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

 

The Case For Windsor-Essex as a Cottage Destination

There was a great article in the Globe and Mail this weekend (http://bit.ly/JsrSS5).  Being as it was Victoria Day Weekend, they ran a story on perils of cottage commuting for GTA residents. The article suggests alternative means to get to cottage country including rediscovering the lost of art of map reading and backroad driving, using the train and even chartering a small jet.  But here’s another suggestion – why not re-think the notion of a cottage destination all together. The Leamington and Windsor-Essex region has a lot to offer those looking to get away from the congestion and you don’t need a plane to get here!  Here are just a few reasons to consider this area as an alternative to Muskoka, Barrie, Kingston and the Kawarthas as a place to spend your recreational time.

Geographic Location;

  • Windsor-Essex is the southernmost region in Canada and shares the same latitude as Girona Spain, The Island of Corsica in France and Cape Cod Massachusetts in the United States.
  • The region is completely surrounded by the temperature moderating influences of Lake Erie, leading to the region’s designation as the 100 mile peninsula.  The area enjoys not only great boating but also some of the best perch and pickerel fishing around.
  • Every spring, travellers from all around the globe flock to the region and Point Pelee Nation Park in particular to experience some of the best birding in North America. Many return in the fall to catch the monarch butterfly migration.
  • The region has seen an explosion in agri-tourism over the last few years.  Essex County has the largest concentration of greenhouses in North America.  Fruit stands dominate the rural landscape here and as such it is tough to find fresher tomatoes, peppers and cucumbers anywhere.  Vineyards are also a big part of this industry as wineries of the Lake Erie North Shore (LENS) are gaining a global reputation.
  • At 350km from Toronto, the region is closer than you think.  As you might soon discover, the traffic volume is much lighter the further west you get from the GTA meaning you spend more time driving rather versus getting stuck in a traffic jam.

Real Estate Market;

  • Simply put, your recreation dollar goes a lot further here as the region has some of the most affordable housing in the entire country.  A study by a local retirement recruitment group shows has put together a nice comparison on where the region ranks in terms of affordability. (http://bit.ly/KkIWx6)
  • Waterfront properties cost a fraction of what they do in more traditionally defined cottage locations.  For the price of a small condominium in Toronto you can own a waterfront property with views that rival some of the nicest in the province.
  • Treed lots and hobby farms are also in strong supply meaning you can own a piece of the country for less.

In summary, if you’re from the GTA or places in between and are looking for a cottage retreat but are unwilling to pay the price of Muskoka real estate or to fight the traffic to cottage country, why not consider the Windsor-Essex region?  Give our office a call at 519-326-6154 or fill out the contact form below.  We’d love to host you on a tour of the area to show you why we think it is an undiscovered gem.

The boardwalk at Point Pelee National Park.

A Scarlet Tanager perched on branch.

CONTACT US

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.