Real Estate Insider Vol 27 2015

WHAT’S INSIDE:Boost Your Curb Appeal with a New Front Door: PAGE 2

Oakville • Milton • Campbellville • Acton • Rural • Halton

How to Avoid 9 Common Buyer Traps Before Buying a HomeStart off on the Right Foot with a Basement Reno: PAGE 7

YOUR SOURCE FOR REAL ESTATE INFORMATION

Volume 27

Escarpment Manchisi Realty Ltd., BrokerageIndependently Owned & Operated

Not intended to solicit persons or properties currently under contractual agreement.

Office: [email protected] • [email protected]

www.facebook.com/Manchisiteam • www.manchisiteam.com

Sales Representative & Broker of Record

First time home buyers quickly learn that buying a new home isn’t just a matter of affording the mortgage payments. There’s your down payment, a deposit, mortgage loan insurance, closing costs, legal fees, moving expenses…it’s a wonder that prospective buyers don’t go running scared when they actually sit down and start crunching the numbers!

Recognizing the financial strain that first time buyers face the Government of Canada, as part of Canada’s Economic Action Plan, introduced the First-Time Home Buyers’ Tax Credit in 2009. This assistance provides a non-refundable $5,000 credit for homebuyers - that’s a savings of up to $750 on your tax return.

Homes that qualify for the Home Buyers’ Tax Credit include single-family homes, semis, townhouses, condos, mobile homes and apartments. The program includes newly built homes, homes in the process of being built and re-sales, but only properties located in Canada qualify.

Qualifying homes must be registered in the name of the person

receiving the tax credit and must be occupied as the principal place of residence no later than one year after the home’s purchase. This means that the tax credit can’t be used to buy a cottage or vacation home.

A first-time homebuyer, under the First-Time Home Buyers’ Tax Credit program, is a purchaser or the purchaser’s spouse or common-law partner who has not owned and lived in another home in the year of the qualifying home’s purchase or in the four previous calendar years. For example, Steve and Julie bought a house together in 2013 and want to claim the tax credit. Steve owned a condo in college eight years ago and Julie bought a cottage in 2010. Since Steve’s condo was purchased nearly 10 years ago and Julie’s cottage isn’t a principal residence, they still qualify. Because they bought the house together, they can also share the tax credit to a maximum of $5,000.

To learn more about the benefits of the First-Time Home Buyers’ Tax Credit, whether you qualify or how to make the claim,visit www.cra-arc.gc.ca/hbtc.

How You Can Benefit from the First-Time Home Buyers’ Tax Credit

Page 2

Domenic Manchisi started his career in real estate in 1996. In addition to strengthening his experience, Domenic has dedicated himself to expand his skill set both personally and professionally which he has utilized to lead himself and his team to become the number one real estate team in Canada* and he was a top producer for RE/MAX in 2013. Domenic’s dedication to expand his knowledge has led him to pursue the following designations and certificates:

• Appraisal• Mortgage Financing• Property Law• Property Management

• Licensed Mortgage Agent• Brokers License• Real Estate Investment• IRES

Domenic has created a dominant presence as a real estate broker predominantly in the Halton Region. Domenic’s success is a result of his extensive experience in the real estate industry as well as the ability to understand the needs of his clients. His core understanding of the real estate industry has not only been recognized by clients but also by colleagues and industry leaders. Domenic has been invited as a guest speaker for Donald Trump’s Apprentice, Bill Rancic, has appeared with The Dragons Den Wealthy Barber, has participated in expert panels at the National Association of Realtors (NAR), has made the cover of several magazines and has won many awards across North America for the work he and his team have achieved.

Domenic currently lives in Milton with his wife and business partner, Jody Manchisi, and their two children.

*For Prudential Canada 2008-2011

Stability • Experience • Relationships

About Domenic Manchisi

Member of theCross Canadian Referral Network


Escarpment Manchisi Realty Ltd., BrokerageIndependently Owned & Operated www.manchisiteam.com

Volume 27

DomenicMANCHISI

[email protected] of Record

[email protected] Representative

MickeyGALEKOVIC


DesmondWATSON


AprilMURPHY


Pooja [email protected]

Broker

AnnaTACIAK


[email protected]

Sales Representative

Changing the colour or style of your front door is not something that needs to happen too often. Usually it’s a case of a homeowner wanting a new look, as the front door does have an impact in the overall curb appeal of a home. Occasionally, purchasing a replacement is a necessary home improvement, particularly for older doors that may be drafty or not as secure as you would like.

Whatever the reason, a revamped or new front door is a fairly inexpensive and simple project that will make a big difference. Many exterior doors purchased now come pre-hung in a weather-stripped frame - meaning that you don’t have to be a master carpenter to get the job done right.

If your door is in rough shape and a new one is within your budget, you’ll have to decide what type of door you want to purchase. You can select doors made of wood, fibreglass or steel. Do you want it to have windows to make your entry brighter? You will also want to take insulation, security and durability into consideration when making your decision.

If you’re looking for an inexpensive option with maximum impact, a coat of paint can work wonders and is an easy task. Choosing a new colour can be a tough decision, as you want the door to look cohesive with the rest of your home. Make sure you pick a high quality outdoor paint that will withstand weather, high traffic and scratches.

If you’re into Feng Shui, there are a few tips offered when choosing a colour for your front door, often referred to as the “mouth” of the home. A royal blue door is thought to inspire abundance and prosperity. Navy blue doors are said to bring calm and peace into a home. A red door - historically a popular choice - quite simple says “welcome”. Purple doors are thought to bring new opportunities into a home.

Another easy way to improve your front door’s appearance is by replacing the door hardware. Swap the dingy, worn out one with a shiny, new style for a fresh look. Adding a beautiful doorknocker also makes a statement.

Boost Your Curb Appeal with a New Front Door

Page 3


to get your home sold, call us now! Office: 905.875.4594Escarpment Manchisi Realty Ltd., BrokerageIndependently Owned & Operated

FEATURED HOMES

FOR SA

LE

$719,900800 Bessy Trail“Beautiful Mattamy 46 foot wide lot energy star landscaped home, in desirable Coates Crossing. 7 years, 2,760 square foot with curb appeal and wraparound porch. This pleasing floor plan features a living room with french doors and 2 large picture windows perfect for home office! Kitchen includes pot lights, backsplash, movable centre island, granite, lots of maple cupboards. Dining room with coffered ceiling, pillars, and light sconces. South-facing backyard for maximum light pours through the 8 foot patio doors, leading to large deck and fence pergolas. Spacious family room with upgraded maple hardwood. Master suite with double doors lead to walk-in closet and ensuite with 6 foot jetted tub. Convenient 2nd floor laundry with sink. 2nd floor computer nook overlooks the living room. Partially finished lower level awaits your finishing touches and offers large 2-piece washroom. No cost to you roof solar panels earn $$$ each year (see feature sheet for details). Parking for 4 cars on driveway no sidewalk. Walking distance to schools, parks, amenities, transit, convenience plaza, walk-in clinic, and Symposium Cafe (Voted best neighbourhood restaurant in Milton)”

FOR SA

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FOR SA

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$699,900 755 Robertson CrescentSought after Timberlea 4 bedroom home situated on a large corner lot. Parking for 4 cars in driveway (no sidewalk). Spacious home, main floor offers hardwood floors, separate living room and dining room. Main floor family room with gas fireplace and walk out to yard. Family size kitchen with lots of light. Main floor laundry room with separate entrance. 2nd floor offers 4 bedrooms. Master with renovated 5-piece ensuite bath and walk-in closet. Finished lower level adds for extra living space. Large fenced yard with shed, patio and inground pool. Main floor rear windows are UV protected to eliminate fading.

FOR SA

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FOR SA

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$684,9003087 Isaac AvenueGorgeous executive townhouse with many upgrades. Spacious floor plan, main floor offers 9 foot ceilings, dark hardwood floors and staircase. Main floor living room combined with dining room. Open concept kitchen and family room. Kitchen offers lots of cupboard space , granite counters and breakfast area. Family room is generous in size with a gas fireplace. Second floor boasts another family room that can be converted into a fourth bedroom. Master bedroom offers a walk-in closet, 5-piece ensuite with soaker tub and glass shower, double sinks. Main floor laundry with access to garage. Unfinished basement cold cellar awaits your personal touch.

FOR SA

LE

Volume 27FO

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$4,500,00013268 Fifth LineExquisite 1840’s re-finished home with all of todays modern finishes still keeping the old age charm, situated on 95.25 acres. Spacious 4 bedroom 3.5 baths, 3 fireplaces, Gorgeous hardwood floors, High baseboards and large wood trim, crown mouldings, galley kitchen with stainless steel appliance. Formal dining room, main floor family room and 2nd floor family room. Large separate living room. Master bedroom addition above garage offers a 5-piece ensuite, walk-in closet, gas fireplace and walk-out to balcony with stunning views of the pond and property. Large mud/laundry room, heated and air conditioned finished garage. 1,400 square foot barn with loft and oversize double car garage. Geo thermal heating/cooling, silo with spiral staircase and views that are spectacular. Feature sheet available upon request for more details.

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facebook.com/Manchisiteam

Volume 27FO

R SALE

$294,900 371 Bronte Street, Unit 84Spacious 3 bedroom muli-level town home backing onto park. Separate dining room located off the kitchen, eat-in kitchen with walk out to fully fenced yard. Large living room with lots of light. Spacious foyer unfinished lower level awaits your personal touch. Short walk to amenities, transit, schools, and parks.

FOR SA

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FOR SA

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$289,667 6540 Falconer Drive, Unit 136End unit town home close to Highway 401and amenities. 3 bedroom, master bedroom with semi ensuite and wall to wall closet. Main floor offers a living room with walk out to large fenced yard. Separate dining room located off of the kitchen. Finished lower level in law suite with 3-piece bath, kitchen, living area, and bedroom. Bright town home with lots of storage.

FOR SA

LE

FOR SA

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4978 Yonge Street, Unit 811Less than 5 years old 1 bedroom luxury suite in Tridel building “Ultima” with upgraded engineered hardwood floor. One exclusive parking spot underground access to subway. State of the art amenities including golf simulator, indoor pool, gym and exercise room. Walking distance to all shopping and transit. Amazing Value!

$279,900

LEASE FOR $1,300

SOLD

556 Sanderson CrescentGorgeous 4 bedroom detached home located in the neighborhood of Clarke situated on a huge premium pie shaped lot. Main floor offers hardwood floors and staircase, Large kitchen with granite counters and stainless steel appliances and butlers pantry. Family room with gas fireplace overlooks the kitchen - a perfect space for the whole family. Finished walkout basement with 2-piece bath adds for more living space. 4 large bedrooms, 20 x 15 master bedroom with ensuite bath. Stunning landscaping with a beautiful stone patio and hot tub. Call today for more details!

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Volume 27SO

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6 Rosebank Drive, Unit 7BTerrific 1 bedroom plus den condo unit, located steps to Highway 401. Gorgeous building offering conference room, party room, billiards, gym and BBQ area. Some amenities are located in the sister building 8 Rosebank. Good size unit with good size kitchen offering stainless steel appliances and granite counters. Open concept kitchen overlooking the eating area and living room. Walkout to balcony with north views. Spacious bedroom with large window. Open den can be used as office or dining area. Ensuite laundry and 4-piece bath. Concierge service in building. 1 parking spot underground. Close to all amenities.

SOLD

1708 Samuelson CircleGorgeous impeccably maintained 3 bedroom semi-detached home. Beautiful floor plan offers a spacious layout offering hardwood flooring, crown moulding and inside garage access. Separate living room with vaulted ceilings. Large family size eat-in kitchen with stainless steel appliances and a walkout to deck. Kitchen overlooks dining area which includes a gas fireplace, hardwood flooring, and a bay window with seating. Finished lower level with large closet/storage, good sized recreation room with crown moulding adds for extra living space. Second level offers 3 bedrooms. Master bedroom offers a 4-piece ensuite with separate shower and soaker tub, walk-in closet and walk-out to balcony! Good size private yard with large deck and fully fenced. Terrific curb appeal with stone walkway, porch, and 2 car parking on driveway. Great neighbourhood, walking distance to both Public and Catholic schools and parks.

SOLD

Beautifully maintained very bright modern 1 bedroom unit. Open layout, great entertaining space. Modern kitchen w/lots of counter space, quartz counter tops, stainless steel appliances and breakfast bar. Large living room with walk-out to balcony. 4-piece bath with granite counters. In-suite laundry, just move in and enjoy!

73 King William Crescent, Unit 507

SOLD

Beautifully maintained very bright modern 1 bedroom unit. Open layout, great entertaining space. Modern kitchen w/lots of counter space, quartz counter tops, stainless steel appliances and breakfast bar. Large living room with walk-out to balcony. 4-piece bath with granite counters. In-suite laundry, just move in and enjoy!

1370 Main Street East, Unit 212

SOLD

Gorgeous, bright, south west facing 2 bedroom 2 bath corner unit at Port Royal Place. Bright kitchen with backsplash and under valance lighting with breakfast bar. Open concept, split bedroom floor plan. Floor to ceiling windows to enjoy the unobstructed view with an open balcony. Parking and locker also included. This unit features upgraded baths, and hardwood flooring throughout. Walking distance to subway, public transit, shops, restaurants and Islington Village.

9 Michael Power Place, Unit 1108

SOLD

Sought after area, perfect for the first time home buyer or someone looking to downsize. Eat-in kitchen overlooks the living room. Large living room with gas fireplace, laminate floors and walk out to fully fenced yard with deck, garden shed. Finished basement with new wiring, plumbing, pot lights, laminate flooring and rough-in washroom. A few finishing touches await your personal style. 3 good size bedrooms. Master bedroom offers 2-piece ensuite. 1 parking space with unit. 2nd can be obtained for $15 monthly.

48 Kingham Road

FIND OUT WHATYOUR HOME IS WORTH

ONLINE VISIT

www.manchisiteamhomeevaluation.com

CALL TODAY905-875-4594

OPEN HOUSES VISIT

www.manchisiteam.com

SOLD

2093 Waters Edge DriveLAKE VIEWS!! South Oakville cul-de-sac with 20 seconds access to lake, a rare opportunity not to be missed! Approximately 2,900 square feet, move in ready! 4 Bed/4 bath updated family home. Benjamin Moore 2015 colours, 3 fireplaces, open concept main level. Renovated kitchen, stainless steel backsplash, stainless steelappliances, 2 breakfast bars. Family size eat-in sunroom. Separate dining and living room. Master bedroom boasts lake/marina views, cathedral ceilings, skylights, 6 piece his/hers ensuite, jacuzzi and private balcony. 2nd bedroom with 3 piece ensuite. Walk-in cedar wine cellar and wet bar. Extensive backyard oasis with saltwater in-ground pool large 386 square foot deck. Lake and marina views from deck, family room, 2 bedrooms!

Milton• 2 Storey - 97 Available Starting at $479,850• Bungalow/Backsplits - 33 Available Starting at $379,000• Towns/Semis - 44 Available Starting at $369,900• Condo Towns - 4 Available Starting at $284,900• Apartments - 17 Available Starting at $269,900

Acton• 2 Storey - 16 Available Starting at $239,900• Bungalow/Backsplits - 4 Available Starting at $464,900• Towns/Semis - 0 Available

CALL US TODAY FOR ANY OF THESE HOMES - 905-875-4594HOMES FOR SALE• Condo Towns - 1 Available $229,000• Apartments - 0 Available

Campbellville/Brookville • 2 Storey - 11 Available Starting at $598,500• Bungalow/Backsplits - 5 Available Starting at $389,900

Rural• 2 Storey - 21 Available Starting at $525,000• Bungalow/Backsplits - 14 Available Starting at $369,900

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I would like to say that the Manchisi Team comes highly recommended by my husband and myself.

The Manchisi Team was a tremendous help in selling our house. We found the team to be most accommodating and very attentive to our needs. We always received prompt feedback and never felt ignored. That is why we chose the team to assist us in finding the right house for us. We had learned our builder home was delayed once again and decided not to wait any longer. Within one week the team found us the perfect home for us. You were patient, understanding and a very hard worker. Sometimes we forgot that you had other clients because you never kept us waiting for anything. Phone calls were promptly returned and our needs were her top priority.

In conclusion, it goes without saying that we would refer The Manchisi Team to everyone we know. We have no complaints and feel that you were the right agent for the job. If there comes a time we buy or sell a house again, you will be the first person we call!

Sincerely,

Grace

TESTIMONIAL OF THE WEEK

VO

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6A

NSW

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Volume 27

HALTON – Buying a home is a major investment no matter which way you look at it. But for many homebuyers, it’s an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either paying too much for the home they want, or losing their dream home to another buyer or, worse, buying the wrong home for their needs. A systemized approach to the homebuying process can help you steer clear of these common traps, allowing you to not only cut costs, but also buy the home that’s best for you. An industry report has just been release entitled “Nine Buyer Traps and How to Avoid Them”. This important report discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them.

To order your free copy of this report, check out our website at: www.haltonbuyertraps.com

If you’re a house-hunter, you probably have established a list of needs and wants. Is a finished basement included as a need or a want? For some families, a finished basement isn’t a priority and many homeowners spend decades in a home without ever taking on this home renovation project

If it is something that is important to you, finishing the basement once you’ve moved into a home can increase its value while adding additional living space and giving you the opportunity to tackle your first home renovation project!

Perhaps you envision a spectacular man cave, complete with wet bar, home theatre and games area. Or maybe you’d like to create an exercise studio, home office or children’s playroom. Whatever your goal, there are some key factors to consider before you start planning that first basement party. If you’re a home reno rookie, you might want to consider hiring a contractor to help with certain aspects of your project, particularly layout design, flooring, the ceiling and dry walling.

When establishing a floor plan, consider window placement as a starting point. If you are creating a bedroom, there must be a window. If you want a theatre area, avoid locating it directly beneath a window to reduce glare. If you want a wet bar, you’ll need to consider plumbing.

When starting with concrete floors and walls, it’s a good idea to test for moisture before you start covering these areas up permanently. The easiest way to do this is by securing a two-foot square sheet of heavy duty plastic to an area on the floor and wall. Wait a couple weeks and inspect the plastic for condensation underneath - a sign that your foundation is not sealed. If moisture droplets appear on top of the plastic, you might need to purchase a dehumidifier.

Consider a suspended or dropped ceiling if your basement ceiling is high enough. That way you can always have access to the plumbing, electrical wiring and other ‘guts’ of the home.

Since basements are prone to moisture and leaks, you’ll have to install a sub-floor. The space between the sub-floor and the existing floor acts as a barrier to moisture problems. When it comes to choosing flooring, it’s a matter of budget, personal preference and usage. If the space will be used as a recreation room for the whole family, Berber carpet is a warm and durable option. A home gym would work with laminate, ceramic or vinyl tile, though those options could mean a cold floor.

After you’ve addressed these structural aspects of your basement reno, you can focus on the fun stuff like decorating and furniture shopping!

How to Avoid9 Common Buyer Traps Before Buying a Home

Start off on the Right Foot with a Basement Reno

Page 8



“Your Connection to a Better Mortgage”Not intended to solicit buyers or sellers currently under contract with brokerage.Lic. # 10505

Together we makeMORTGAGES EASY

CALL US FOR ALLYOUR MORTGAGE NEEDS

LET US DO THE SHOPPING FOR YOU!FREE service with no obligation, find out how we can help! Learn how you can use your existing equity as an investment!

THINKING OF CONSOLIDATING DEBT?WE DO FIRST AND SECOND

MORTGAGES, CONSOLIDATE DEBT, AND REFINANCING

CALLDomenic Manchisi | Mortgage Agent (Lic. # 10505)

FOR YOUR MORTGAGE APPROVAL

Volume 27

DomenicMANCHISI

[email protected] of Record


MickeyGALEKOVIC


DesmondWATSON


AprilMURPHY


Pooja [email protected]

Broker

AnnaTACIAK


[email protected]

Sales Representative

Documents

Real Estate Insider Vol 27 2015