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Realty Executives Real Estate Team

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Cathy Hay New Listing in Arden

(Published on - 10/7/2020 1:58:20 PM)

 

Arden Waterfront Lot for Sale $349,900.00

Escape to Your Paradise! This incredible 18+ acres is nestled along the banks of Salmon River/Crotch Lake; 1hr from Belleville & Kingston; 1:50 from Peterborough; 2:50 from Toronto! Beautiful mix of trees, abundance of wildlife and 2380 ft of frontage along Salmon River is a Rare Find! Across the river is Crown Owned land so not likely to be developed. Minutes to Crotch Lake with ability to access Horseshoe Lake, Bull Lake, Buck Lake and Sheffield Long Lake. Call Cathy Hay (613) 851-0954


Will housing prices drop in 2020 and 2021?

(Published on - 10/6/2020 12:52:29 PM)

 

Will housing prices drop?

 

According to:

Chris Seepe is a published writer and author, ‘landlording’ course instructor, president of the Landlords Association of Durham, and a commercial real estate broker of record at Aztech Realty in Toronto, specializing in income-generating and multi-residential investment properties.

 

Many pundits and government spokespeople say residential owner-occupied and investment housing prices will drop. Not a chance. Housing prices and rents will continue to rise despite mortgage defaults and rising unemployment because:

 

  • No reduction in property taxes and development charges
  • Three to five-year approval times
  • Hefty fees-in-lieu of park lands
  • Costly government-mandated plans, studies, red tape
  • Brutal anti-landlord tenancy legislation
  • Unjust landlord-targeted municipal bylaws
  • Policies like the landlord responsibility to “accommodate to the point of undue hardship”
  • Failed Landlord and Tenant Board, multi-year backlog of applications
  • Nine to 12-month rent-free evictions backlog costing arguably a half-billion dollars in lost rental income
  • Government licensing fees for housing
  • Double-digit increases in construction labour costs and materials, especially glass, concrete and steel
  • A critical shortage and decreasing number of construction labourers
  • A flood of investors wanting real estate hard assets versus volatile and unstable stocks
  • Low bank and bond ROI rates, decreasing dividend-paying stocks
  • Media and government hype for self-serving reasons that promote tenant-landlord tensions
  • Rapid increase in people working from home increasing infrastructure and municipal services costs
  • Overarching demand that far outpaces supply
  • Decades of government failures to encourage housing construction
  • Determined homeowner wannabees placing multiple offers

Cathy Hay New Listing in Lanark

(Published on - 9/17/2020 7:56:11 PM)

 

New Listing - 112 Hillier, Lanark, Ontario. Only $449,900.00

 

This spectacular stone home is a true beauty, on the banks of Clyde River and in the quaint Village of Lanark! This unique property was built in 1847 by a Scottish settler, Boyd Caldwell, one of the first Lumber Barons in the area. The stone work is one of the finest examples in Eastern Ontario! Recently restored/updated by a local designer this house is a picture out of a home & garden magazine! The owners attention to detail preserved the character throughout, including stone walls, original casings, mouldings and staircase with 11 ft ceilings! Enter into a grand foyer leading to formal dining and living room, relaxing library. Spacious kitchen with stone wall offers lounge space, eating area and leads to a 3 season sunroom overlooking the river! The woodwork and unique fixtures enhances the beauty of this gem. Move-in ready to enjoy the waterfront, tranquil home or create a B&B (owner established as Stonehouse Girl in 2015)! Don't miss this opportunity! Call Cathy Hay today for a personal showing. (613) 851-0954

 


Kelly Blair New Listing on the Upper Rideau

(Published on - 9/13/2020 2:19:54 PM)

New Listing - 12 Whippoorwill Lane, Westport, Ontario. Only $449,900.00

Gorgeous Sunsets! Located on the Upper Rideau in Kanes Bay. This cottage is 3 season but can be used in all 4 seasons as the road is plowed year round. The waterfront is nice and clean - perfect for swimming for all age groups in a safe bay. The lot is approximately 0.50 acre with lots of room for parking cars. The cottage consists of 3 bedrooms, 1 full bathroom with shower, open concept kitchen, living room, dining room. There is also a screened in porch off of the dining room over looking the waterfront. The land is level with a fire pit, 2 storage sheds, a deck over-looking the waterfront and a new dock to keep your boat and water toys. The cottage is very clean and in immaculate condition being sold fully furnished. This is an amazing property with easy road access and only 12 minutes into Westport by car. New steel roof - 2008. New septic - 2009. New HWT - 2015. Hydro approx $1000/year. No conveyance of any written offers prior to 5pm on the 16th day of September 2020.


Mandy Burke Realtor

(Published on - 9/13/2020 2:11:16 PM)

Welcoming Mandy Burke to Realty Executives Real Estate Ltd., Brokerage!

Mandy Burke

Mandy brings humility, compassion, as well as practical knowledge and skills to the table as a Realty Executive Realtor. Over the years she's developed a passion for real estate and a keen eye for interior design and decor. Her real estate investment strategies have led her to financial success rehabbing, building equity, and resale of properties over the years. Not to mention the invaluable knowledge and experience gained from being a 'hands on' landlord/property manager.  Mandy's drive and strong work ethic stems from a lengthy career as an entrepreneur.  Mandy has built her business foundation on the basis that outstanding customer service is the primary focus and with that everything else will follow.  She looks forward to using her knowledge and skills, providing her clients the best advantage with all their buying and selling needs. Mandy provides real estate services for residential & Luxury homes, waterfront properties, Commercial and Investment real estate throughout Perth, Westport, Smiths Falls, Carlton Place, Ottawa & surrounding areas.


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