Downtown Dream Rental

907-399 Elizabeth Street, Burlington:

Wonderful opportunity to live in a large 1403 Sq. Ft two bedroom condo in The Baxter, downtown Burlington. The excellent split floor plan layout provides separate living/dining areas for utmost privacy. Enjoy the upgraded bright kitchen overlooking the living area, perfect for entertaining. The spacious master bedroom has two closets one being a large walk in closet and ensuite complete with separate soaker tub and walk in shower. The second bedroom acts as second master with 2 closest, one being walk in and a ensuite. The condo has a large balcony off the living room which perfectly captures views downtown Burlington and Lake Ontario. Rental includes 2 parking spaces, heat, water and hydro.

For More information email: info@daviescondos.ca

View the listing here!

 


Perfection in Paradigm

1509-2081 Fairview Street, Burlington:

Beautiful open concept 2 bedroom and 2 bathroom layout with approximately 823 s.f. in centrally located Paradigm condominium.  Sought after north facing unit , open concept living area, kitchen with extended  height cabinets, breakfast bar with quartz countertops, and stainless-steel appliances.  Large living space with floor to ceiling windows flooding the room with natural light.  Spacious master bedroom suite with two closets, one being walk-in.  Large ensuite bathroom walk-in shower.  Spacious second bedroom with full bathroom conveniently located beside.  Split floor plan allows for ample privacy in unit.  Enjoy relaxing or entertaining on the private balcony with expansive views overlooking the Niagara Escarpment.  Includes 1 underground parking spot and one storage locker.

To learn more about the unit, click here!

For More information email: info@daviescondos.ca

View the listing here!

 


February Stats are Here!

Hamilton, ON (March 3, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 998 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in February 2020. Sales are up 30 per cent over last month and up 25.5 per cent over February 2019. The average price for residential properties increased to $646,667, which is up 4.5 per cent from last month and up 15.5 per cent from the same month last year.

 

“The RAHB market is quite active with a significant increase in number of sales compared to last month and last year. We experienced similar activity at the beginning of 2016, which was one of our busiest markets on record,” says RAHB President Kathy Della-Nebbia. “With the increases in average price and new listings, overall we are firmly in a seller’s market; however, there is greater demand at certain price points – such as below $600,000.”

The number of sales for single family properties within the entire RAHB market increased by 27 per cent compared to the same month last year, and the average sale price increased by 16 per cent. Townhouse sales activity across the entire RAHB market area increased from February 2019 by 21.2 per cent, and the average townhouse sale price increased by 19.4 per cent to $584,944. Apartment-style property sales increased by 19.8 per cent from February 2019, and the average price increased by 1 per cent.

 

“Apartment-style properties in Hamilton are the most affordable, with an average price of $346,250. There were also 83 new listings of apartment-style properties, with 54 sales, so the inventory could be building,” says Della-Nebbia. “There are great opportunities within other segments of the market, and that’s where a local RAHB REALTOR® can be instrumental – they know the communities and have the resources to find you your dream property.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

https://www.rahb.ca/rahb-realtors-release-february-stats-need-title/


January Stats are Here!

 

“Our market area experienced a reduction in activity and average price in December, as is the case for that typically slower month; however, we bounced back in January,” says RAHB President Kathy Della-Nebbia. “Buyers seem to be coming out early, so sellers shouldn’t feel the need to wait for the spring market to get a great value for their property. We expect the spring market will be strong with more competition between sellers, as many wait for the flowers to bloom to market their homes.”

The number of sales for single family properties within the entire RAHB market increased by 10 per cent compared to the same month last year, and the average sale price increased by 9.4 per cent. Townhouse sales activity across the entire RAHB market area decreased from January 2019 by 6.2 per cent, and the average townhouse sale price increased by 10.8 per cent to $518,361. Apartment-style property sales decreased by 1.4 per cent from January 2019, and the average price increased by 9.6 per cent.

 

“Although RAHB market statistics showed an overall increase in January 2020, certain segments of the market did not. For example, townhouse and apartment-style properties experienced a decrease in number of sales, and certain communities experienced a decrease in average price and/or number of sales – such as Glanbrook,” says RAHB CEO Carol Ann Burrell. “That’s why it is so important to work with a local RAHB REALTOR®, who has access to statistical resources to help you buy or sell your home.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Source: https://www.rahb.ca/january-2020-stats/


Illumina

Illumina – Burlington’s Downtown West.

Exciting new development in Burlington’s downtown West. Illumina is Burlington’s new light!

The sleek line. The confident posture. Illumina heralds a new era of luxury living in Burlington, where the majesty of Lake Ontario and the vibrancy of this enchanting city are at your doorstep. Created by the award-winning team at Graziani + Corazza, Illumina is a statement of elegance with a view to Burlington’s future – one that only the Molinaro Group can offer, given its 50+ years of creating landmark residences.

From the moment you enter Illumina’s hotel-inspired lobby, the high life begins – be it through sophisticated social occasions on the rooftop terrace, or getting your glow on in the modern fitness studio. Embrace the views with Illumina’s light-filled amenities that further define luxury living. Here, you’re close to everything you know and love about Burlington; and just far enough away from the rush of downtown to enjoy the quiet retreat you desire.

 

Click here to visit the Illumina website!

Sales Office: 2089 Fairview Street, Burlington

Temporarily, all enquiries by appointment

Please contact Vanessa Petz or Sophie Buzzelli

vanessap@daviescondos.ca or sophie@daviescondos.ca

 


Gallery Condos + Lofts

Gallery Condos + Lofts – Downtown Burlington.

Gallery Condos + Lofts will be located at Brant and James in downtown Burlington, and was inspired by the city’s vibrant arts scene.

The 22-storey building will feature a four-storey podium with a unique cutaway corner, and a wide streetscape. The rooftop will feature barbecues, a fire feature and stunning views in every direction. Also included is a fitness facility, along with a yoga studio with an indoor/outdoor stretching area and a heated indoor pool with lounge areas, as well as a multi-purpose party room with a bar and dining room.

Large balconies and chef-style kitchens augment each of the 161 open-concept suites. Units with lofts are available on the gallery level, and highlight urban finishes like 10- foot ceilings and barn doors. The master ensuite in the loft units include a one-of-a-kind, four-piece spa bath. This signature feature places the tub in a five- by five-foot room for a totally relaxing environment.

Click here to visit the Gallery Condos + Lofts website.

Sales Office: 2107 Old Lakeshore Road, Burlington

Temporarily, all enquiries by appointment

Please contact Neil Hamilton or Kim Kucher

kim@daviescondos.ca or neil@daviescondos.ca

 


Gallery Condos + Lofts

Gallery Condos + Lofts

Downtown Burlington

Located at Brant and James in downtown Burlington, Gallery Condos + Lofts was inspired by the city’s vibrant arts scene.

The 22-storey building will feature a four-storey podium with a unique cutaway corner, and a wide streetscape. The rooftop will feature barbecues, a fire feature and stunning views in every direction. Also included is a fitness facility, along with a yoga studio with an indoor/outdoor stretching area and a heated indoor pool with lounge areas, as well as a multi-purpose party room with a bar and dining room.

Large balconies and chef-style kitchens augment each of the 161 open-concept suites. Units with lofts are available on the gallery level, and highlight urban finishes like 10- foot ceilings and barn doors. The master ensuite in the loft units include a one-of-a-kind, four-piece spa bath. This signature feature places the tub in a five- by five-foot room for a totally relaxing environment.

Click here to visit the Gallery Condos + Lofts website.

Sales Office: 2107 Old Lakeshore Road, Burlington

Monday – Thursday, 3-7PM           Saturday & Sunday 1-5PM


2019 Year End Stats are Here!

Hamilton, ON (January 16, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 12,866 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2019. This is 10.1 per cent more sales than in 2018. The average price of a residential property in 2019 was $587,745. This is up 4.9 per cent from 2018, and 95.3 per cent higher from 10 years ago. New residential listings were down 4 per cent compared to the previous year.

“The RAHB residential market has balanced out from the high activity experienced in 2016 and 2017; however, increases in average price and number of sales, paired with a decrease in new listings, indicates that 2019 favoured sellers more than in 2018,” says RAHB CEO Carol Ann Burrell. “Buyers in 2019 were able to take more time to find their preferred, and in many cases more affordable, property compared to previous years, and so the sellers’ market was not as noticeable.”

When the residential statistics are broken out into the four main RAHB market areas, Hamilton experienced a 1.7 per cent increase in listings, a 13.3 per cent increase in sales, and a 6.2 per cent increase in average price to $525,843; Burlington saw a decrease in listings by 5.7 per cent, an increase in sales by 5.7 per cent, and an increase in average price by 2.8 per cent to $755,639; Haldimand saw a 5.3 per cent increase in listings and a 7.4 per cent increase in average price to $465,271, while the number of sales remained essentially the same; and Niagara North saw a 1.7 per cent increase in listings, a 10.9 per cent increase in sales, and an increase in average price by 6.6 per cent to $581,733.

Broken down further by community, Stoney Creek and Ancaster experienced the highest percentage increase of sales at 16.6 per cent, and the Hamilton Mountain saw the highest total number of sales at 2,043. The largest drop in number of sales was experienced by Rainham, falling from 85 to 57 sales.

The highest average sale price was held by Ancaster at $772, 811, and the largest percentage increase was held by Rainham at 30.5 percent, from $357,312 to $466,153. The only community to experience a drop in average price was Flamborough.

“It can be difficult to properly interpret the statistics, especially when communities have so many different types of properties – large and small, as well as urban, suburban and rural,” says RAHB President Kathy Della-Nebbia. “For example, one large farm sale could skew the average price up more than what was experienced in that overall area. That’s why it is so important to work with a local REALTOR® when selling or buying your home – they know the market trends for your neighbourhood and have the tools to help you.”

With respect to property style, single-family properties experienced gains in number of sales across all four market areas, with Hamilton seeing the highest at 15.5 per cent. Apartment-style property sales were up across most RAHB market areas, with the exception of Haldimand where this type of property is rarer. Apartment-style property sales in Niagara North increased by 61.5 per cent over 2018. Townhouse sales in this area declined by 10 per cent, which was the only RAHB market area to see the number of townhouse sales fall. Detached homes, townhouses and apartment-style properties in most of RAHB’s market areas experienced average price increases, with only Haldimand townhouses experiencing a slight drop.

“The clear trend for 2018 was that apartment-style and townhomes outperformed detached properties. This year we see that these types of properties are still performing well; however, buyers choosing detached homes are trending upward yet again,” says Della-Nebbia.

Commercial properties within the RAHB market area experienced a decrease in number of sales, as well as average price. Hamilton saw the highest number of sales at 134 and the highest dollar volume at $121,522,332, which are both down from 2018.

The total dollar volume of all sales within the RAHB market area was $7,897,509,003 – up nearly $1B from 2018.

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. RAHB REALTORS® have the local experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local RAHB REALTOR®.

 

https://www.rahb.ca/rahb-realtors-release-2019-year-end-market-statistics/


Beauty at The Berkeley

304-2025 Maria Street, Burlington: SOLD!

Stunning 2 bedroom, 2 full bath, sun-filled Excelsior model in Burlington’s newest and most sought-after Berkeley Condominium. This hotel inspired building by Carriage Gate Homes has it all, offering the most exquisite style in boutique condo living. The location has the best of both worlds being just steps to all the downtown action but perfectly tucked away on quaint Maria Street. The excellent layout provides separate living/dining areas and a split bedroom floor plan for utmost privacy. The second bedroom acts as a second master with oversized walk-in closet and adjacent main bathroom with walk-in shower. This 1012 sq. ft. condo features 9 ft. ceilings, engineered hardwood throughout, an open concept eat-in Barzotti kitchen, quartz countertops, a large island, low-profile cook top, upgraded Monogram oven with meat thermometer/ probe, in-suite laundry and spa like bathrooms. The units’ premium position on the South side provides ample sunshine and light from morning until late afternoon. The condo boasts a wonderful covered balcony that runs the full length of the unit off the living room. The private outdoor space captures greenery, steeples of church tops and the village style street scape. The unit includes one underground parking spot (P3, #24) and two storage lockers. Large premium locker conveniently located in front of parking spot (P3, #59). Second locker conveniently located on same floor as the unit (Level 3, #28).

Click here to view the listings.

For More information email: info@daviescondos.ca


Sophistication at Strata

1005-551 Maple Avenue, Burlington 

Sold! – Rare opportunity to own 1+den, 800 sq.ft. unit in the prestigious Strata building. Unit has beautiful escarpment views, private balcony and new laminate flooring(December 2019). Kitchen upgraded extended cabinetry provides plenty of additional storage. Spacious bedroom with floor to ceiling windows. Unit includes one underground parking space, one storage locker and one bike locker. Great location – walk to downtown, Spencer Smith Park and Lake Ontario. Seemingly endless amenities including pool, fitness centre and party room.

Click here to view the listing.

For More information email: info@daviescondos.ca


December Stats are Here!

Hamilton, ON (January 3, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 585 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2019. This years December sales are up 3.9 per cent over December 2018; however, are down from both November and October of this year. The average price for residential properties increased by 7.6 per cent from December 2018 to $581,566.

 

“With the holidays and cold weather, sales tend to dip in December when compared to the previous months. It’s a trend we see almost every year,” says RAHB President Kathy Della-Nebbia. “A decrease in new listings and an increase in sales can equal less inventory on the market. With increased competition for the properties available, this looks to be an opportune time to sell your property.”

The number of sales for single family properties within the entire RAHB market increased by 6.8 per cent compared to the same month last year, and the average sale price increased by 8.2 per cent. Townhouse sales activity across the entire RAHB market area decreased from December 2018 by 7.6 per cent, and the average townhouse sale price increased by 1.4 per cent to $502,981. Apartment-style property sales increased by 14.8 per cent from December 2018, and the average price increased by 10.2 per cent.

 

“For the past few months, townhouses within the RAHB market area have experienced an increase in the number of sales and a decrease in the number of listings,” says RAHB CEO Carol Ann Burrell. “This, paired with increases in average price each month of 2019, shows that this is a popular property type for buyers – most likely due to its affordable price point.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

SOURCE: https://www.rahb.ca/rahb-realtors-release-december-2019-market-statistics/


November Stats are Here!

Hamilton, ON (December 3, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 955 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November 2019. November sales are down from October and September, but up from November 2018 by 5.5 per cent. The average price for residential properties increased by 5.6 per cent from November 2018 to $591,334.

 

“As we near the end of the fall market for 2019, the number of sales and the average price within the RAHB market area are down from the previous month, but up from November of last year,” says RAHB President, Bob Van de Vrande. “This decrease in listings and a higher ratio of solds to listings indicate that the market is currently an opportune time for sellers to consider listing.”

The number of sales for single family properties within the entire RAHB market increased by 8.6 per cent compared to the same month last year, and the average sale price increased by 2.7 per cent. Townhouse sales activity across the entire RAHB market area also increased from November 2018 by 2.9 per cent, and the average townhouse sale price increased by 6.8 per cent to $514,488. Apartment-style property sales decreased by 9.3 per cent from November 2018, and the average price increased by 23.2 per cent.

 

“The trend for 2019 has been that buyers are choosing more affordable types of properties. This November apartment-style properties were the only type to experience a decrease in number of sales, perhaps due to a lower level of inventory,” adds Van de Vrande. “Market statistics can be tricky to analyze – local RAHB REALTORS® have the tools and know the trends for our communities to help you buy and sell your properties.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

Source: https://www.rahb.ca/rahb-realtors-release-november-2019-statistics/


Beauty at The Berkeley

406-2025 Maria Street, Burlington:

Sold! – The Berkeley – downtown Burlington’s dazzling new hotel-inspired residence. Be the first to live in this exquisite 1200 sq. ft. 2 bed, 2 bath condo. This corner unit feature 9′ ceilings, modern two-tone kitchen featuring expansive island with quartz countertops, endless upgrades including: quartz backsplash, stainless steel appliances with custom paneled counter depth Monogram fridge and engineered hardwood throughout. Large living and dining space with floor to ceiling windows flooding the room with natural light. Spacious master bedroom suite with walk in closet. Large ensuite bathroom features double sinks and separate bath & shower. Spacious second bedroom with full bathroom conveniently located beside. Split floor plan allows for ample privacy in unit. Enjoy relaxing or entertaining on the private wrap around balcony with south west exposure. Includes two underground parking spaces and two storage lockers.

Click here to view the listing.

For More information email: info@daviescondos.ca


Burlington provides opportunities for residents and investors alike

by Kimberly Greene
29 Oct 2019

Formerly a commuter town, Burlington, Ontario has become a destination for people to call home—and an area of interest for investors.

For starters, Burlington has become a more attractive place to live, period. The city is home to 183,000 people and plays a large role in a number of industrial sectors, including food processing, packaging, electronics, chemical, and pharmaceutical, but it’s been able to transcend those industrial building blocks and embrace more attractive aspects of its location, including its proximity to the lake and access to the Niagara Escarpment.

Maclean’s ranked Burlington as the best community in Canada in 2019, and MoneySense magazine considers it one of Canada’s best mid-size cities.

Vince Molinaro is the President of the Molinaro Group, a condominium and commercial real estate developer with roots in Hamilton and operating in Burlington. In a recent white paper, he explains why investing in Burlington is more attractive now than it has been in the past.

“Burlington has become a go-to location for many smart investors because of its location, lifestyle and the quality of the projects available,” Molinaro said.

The Molinaro Group can lay claim to many projects in Burlington. Since 1963, the company has developed over 10,000 residential units and more than one million square feet of commercial real estate in the city, including some of the development along the waterfront.

Condo living

There’s been a growing interest in condominium developments, which are becoming more attractive than other types of residential investment properties in Burlington, such as single- and small multi-family units. Molinaro agrees, saying that all of their condos sell out “year after year, project after project.”

Although condos are nothing new, there are external constraints that make them an increasingly necessary part of city living.

“The Green Field Build Out means that there isn’t much land left in Burlington for single family homes or townhouses,” Molinaro said. “Most of the available land within the Burlington Urban Boundary has been used, and the Province won’t allow additional builds. Most, if not all, of the new builds in Burlington will be mid- to high-rise condos.”

That’s not necessarily a bad thing, however. The entry pricing of condos is attractive in comparison to low rise housing, and that makes ownership much more accessible to first-time buyers and/or investors. While condos are typically smaller, they offer amenities that aren’t available in low-rise products: luxurious pool and spa facilities, party rooms, fully appointed guest suites, decks and terraces, theatre and games rooms, and even outdoor lifestyle and exercise amenities.

Condos also offer a shared expense model which ensures that all of these facilities are properly maintained.

Demand is high, and developers such as the Molinaro Group are working to get new product to market as quickly as they can. Even though condos are typically thought of as being less desirable than single detached properties, buyers priced out of the Toronto market are still looking for somewhere to live. Investors can capitalize on this dynamic.

“It’s never too late to get into the market, given the history of appreciation in land and housing prices. So, if you’re keen on owning in Burlington, act now. Keep in mind that investing in real estate is about investing in your future. There are few investments that can say that. After all, you can’t live in or rent out a mutual fund,” Molinaro said.

SOURCE: https://www.canadianrealestatemagazine.ca/news/burlington-provides-opportunities-for-residents-and-investors-alike-321301.aspx?utm_source=GA&utm_medium=20191102&utm_campaign=CREWW-Weekend&utm_content=&tu=


October Stats are Here!

Hamilton, ON (November 4, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,145 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October 2019. October sales are up from September and August, as well as up from October 2018 by 6.4 per cent. The average price for residential properties increased by 7.1 per cent from October 2018 to $602,029.

 

“The RAHB market area experienced more activity in October with an increase in number of sales from last month, as well as from the previous year, which is good news for sellers,” says RAHB President Bob Van de Vrande. “The number of new listings dropped by eight per cent compared to October 2018, and by nearly 12 per cent since last month, so there was less choice for buyers.”

The number of sales for detached single family properties within the entire RAHB market increased by 10.9 per cent compared to the same month last year, and the average sale price increased by 6.6 per cent. Townhouse sales activity across the entire RAHB market area also increased from October 2018 by 6.8 per cent, and the average townhouse sale price increased by 8.7 per cent to $514,438. Apartment-style property sales decreased by 4.2 per cent from October 2018, and the average price increased by 3.4 per cent.

 

“Historically, a move toward colder weather means activity slows. This October saw an increase in sales over September, which could be attributed to many different factors,” says RAHB CEO Carol Ann Burrell. “Market statistics can be tricky to analyze – working with a local RAHB REALTOR® will help you navigate the numbers, as well as the communities they serve.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

Source: https://www.rahb.ca/rahb-realtors-release-october-2019-market-statistics/


November Featured Condo

504-1477 Lakeshore Road, Burlington:

Rarely offered South facing 1,407 sf condo in the prestigious Bunton’s Wharf Condominium. This outstanding amenity rich condo is located on Lakeshore and in the heart of all the action. It has a unique location in our downtown being that it borders along Spencer’s Smith Park and has true protected waterfront views. This 2 bed (1+den conversion see floor plan), 2 bath condo has lake views from every room. Enjoy the sunny South facing balcony off the living area that perfectly captures panoramic lake, park and pier views. Enjoy the well-appointed kitchen with stainless steel appliances, granite countertops and large pantry/laundry room. The layout is extremely functional having well-appointed space in the living/dining area that is great for entertaining. The master boasts floor to ceiling windows with lake views and a 5-piece spa-like ensuite bath. The second bedroom was converted to a large open den at the time of building construction. The second bedroom/den has floor to ceiling windows and is in excellent proximity to the main bathroom. This property includes a premium tandem underground parking spot (Level A, P1 #1) and two storage lockers (Level P1, #43 & Level 5, #9), one locker being conveniently located on the same floor as the unit and the in the parking garage by spaces.

For More information email: info@daviescondos.ca


September Stats are Here!

Hamilton, ON (October 2, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,020 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September 2019. September sales are down from August and July, but are up from September 2018 by 3.2 per cent. The average price for residential properties increased by 8.5 per cent from September 2018 to $609,562.

 

“With an increase in the number of homes currently available, and a more relaxed pace in the market, this may be an ideal opportunity for buyers to purchase their dream home,” says RAHB President Bob Van de Vrande.”

 

The number of sales for detached single family properties within the entire RAHB market increased by 6.7 per cent compared to the same month last year, and the average sale price increased by 8.7 per cent. Townhouse sales activity across the entire RAHB market area decreased from September 2018 by 7.4 per cent, and the average townhouse sale price increased by 6 per cent to $513,770. Apartment-style property sales increased by 6 per cent from September 2018, and the average price decreased by 2.6 per cent.

 

“Average sale prices were up from September 2018 in all four of RAHB’s major communities, yet property activity varied when we look at the smaller individual communities,” adds Van de Vrande. “This is why working with a local REALTOR® is so important – we have the data, resources and first-hand knowledge of the communities in which we live and work.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 


August Stats are Here!

Hamilton, ON (September 3, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,067 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in August 2019. August sales are down from July and June of this year, as well as August of 2018; however, the 2019 year-to-date number of sales is up 10.2 per cent over 2018. The average price for residential properties increased by 6.4 per cent from August 2018 to $599,589.

 

“The year-to-date number of sales is higher in 2019 compared to 2018 because we had a stronger spring,” says RAHB President Bob Van de Vrande. “If the average price continues to increase and inventory stays low, we may shift out of the balanced market we’ve been experiencing over the last year and a half as we move into a busy fall.”

The number of sales for detached single family properties within the entire RAHB market decreased by 0.7 per cent compared to the same month last year, and the average sale price increased by 5.7 per cent. Townhouse sales activity across the entire RAHB market area decreased from August 2018 by 1.7 per cent, and the average townhouse sale price increased by 10.4 per cent to $519,895. Apartment-style property sales increased by 14.6 per cent from August 2018, and the average price increased by 10.6 per cent.

 

“Single family homes, townhouses and apartment-style properties all saw increases in average price in each of our four main market areas in August 2019,” adds Van de Vrande. “But only apartment-style properties saw an increase in number of sales, which could indicate that buyers are continuing to choose more affordable options.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

SOURCE: https://www.rahb.ca/rahb-realtors-release-august-statistics/


Hamilton, ON (August 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB)reported 1,170 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in July 2019. This is a 10.3 per cent increase from July last year; however, a 2.7 per cent decrease over June 2019 and a 12.9 per cent decrease from May 2019. The average price for residential properties increased by 0.9 per cent from July 2018 to $593,702.

 

“A yearly real estate cycle sees peaks in spring and fall, with a typically slower summer,” says RAHB President Bob Van de Vrande. “Average prices have stayed fairly stable since the spring high, which could point towards a healthy fall market when we could see the number of sales edge higher again.”

The number of sales for single family properties within the entire RAHB market increased by 13.1 per cent compared to the same month last year, and the average sale price increased by 7.2 per cent. Townhouse sales activity across the entire RAHB market area decreased from July 2018 by 4.5 per cent, and the average townhouse sale price increased by 1.8 per cent to $496,230. Apartment-style property sales increased by 38.5 per cent from July 2018, and the average price decreased by 8 per cent.

 

“Single family detached properties saw increases across both number of sales and average price; however, the most significant gain was in apartment-style condominiums,” says Van de Vrande. “An increase in sales of 38.5 per cent at a price point that is fairly stable, is a very affordable option for first-time home buyers and seniors looking to downsize.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

 

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

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June Stats are Here!

Hamilton, ON (July 2, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,203 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in June 2019. This is a 4.2 per cent increase from June last year; however, a 10.5 per cent decrease over May 2019 and a 1.9 per cent decrease from April 2019. The average price for residential properties increased by 5.2 per cent from June 2018 to $593,549; however, decreased from May 2019 by 0.03 per cent.

“The number of sales and average price is up over 2018, showing that the market is edging higher since it balanced out last year,” says RAHB President Bob Van de Vrande. “Sales have dropped compared to May and April of this year, but paired with a decrease of about four per cent in the number of new listings this could indicate the market is tightening.”

The number of sales for single family properties within the entire RAHB market increased by 11.6 per cent compared to the same month last year, and the average sale price increased by 4.9 per cent. Townhouse sales activity across the entire RAHB market area decreased from June 2018 by 3.9 per cent, and the average townhouse sale price increased by 3.6 per cent to $499,523. Apartment-style property sales decreased by 8 per cent from June 2018, and the average price also decreased by 0.3 per cent.

“Only single family or detached homes saw an increase in average price and number of sales, which bucks the trend we’ve seen over the last year – buyers choosing more affordable options.” adds Van de Vrande. “Of course, this is an overall evaluation of our entire market area, and numbers can deviate from the average when we look at smaller or individual communities.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

*Average sale price can be useful in establishing long-term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

ORIGINAL ARTICLE: https://www.rahb.ca/rahb-realtors-release-june2019-statistics/


Enhance Your Condo’s Greenspace with these Tips!

Life in the concrete jungle can still include its share of nature. Give your condo a dose of natural inspiration by including plants in your decor–both indoors and outdoors.

Chic and interesting green landscapes can be achieved in your condo, regardless of the size of your space. Check out these 5 Tips to Enhance your Condo’s Greenspace.

Incorporate Greenspace All Throughout Your Condo

In the warmer months, when the sun is shining through your condo, almost any area will accommodate greenery. Think of plants as you would decor, to enhance your home’s surrounding. A focal point draws the eye in to where it’s wanted (and away from where it’s not wanted). Place greenery everywhere throughout your condo from a display on the dining table, to your mantle, or to draw the eye towards your view. This gives a space more visual interest, and at the same time, makes other unwanted views disappear. In the cold Canadian winter months, having green space sprinkled throughout your condominium keeps things feeling fresh, giving you a much needed dose of nature.

Think of Texture

 

Big, bold tropical plants create a lush feel, especially in a small landscape. Their large leaves can change the scale of a smaller space and help it feel larger. Whether solid green or variegated, their interesting look is unparalleled. Armed with spines, edged with teeth or clothed in masses of small rounded leaves, succulents also offer exciting texture and form, which can be heightened further with contrasting smooth or simple containers. The baby umbrella tree, a miniature of the larger species, has whorls of thick leaflets that tolerate indoors very well, and needs little if any pruning to keep it in bounds. Traditionally such plants have been displayed indoors, but all can be grown outdoors in summer on a sunny sheltered balcony.

Go Vertical

In a condo there tends to be less vertical than horizontal restrictions on your space. Features such as high ceilings and vast windows of sun-facing glass, give you ample opportunity for living decor. Place hanging planters inside, on the walls to maximize use of your space. Turn your bare balcony walls into foliage masterpieces, giving you the feel of being immersed within nature. Vines and tall floor planters with plants that will grow up instead of outward leaves you precious floor space for outdoor seating.

Place Bold and Bright Colours Prominently

 

Count on colour to enhance any space, regardless of its size. Incorporate variations of greens into your condo’s colour palette. Where possible, place bold, bright colours front and centre, where they’ll be admired. They demand attention first, allowing the rest of the space to flow away, making the space look larger than it really is. Orchids are a good value, as they bloom for three to four months. Many indoor plants can be moved outside during the warmer months. If you’re looking for something a bit heartier, but you want colour and longevity, Kalanchoes are a great option. This flowering plant can handle the heat and adds height and tons of colour to the foliage to your balcony.

Edible Gardens

 

Living in a condo doesn’t mean you can’t get your hands a little dirty. If you’re lucky enough to have a south- or west-facing window or balcony and get at least six hours of sun, you can grow almost anything you would normally grow in the ground. Cherry tomatoes, basil and a pot of chives are an ideal starting point. These selections are versatile foods and a sinch to grow. If you’re not quite so lucky and don’t face the sun, tomatoes won’t be an option for you, however you can still grow delicious edible plants in your condo. Chives will survive anything and are a great option, along with lettuce, Swiss chard and other leafy greens. Lettuce doesn’t need a deep pot, it just needs to keep hydrated, so even if all you have is a shallow window box, you can still grow your salad fixings at home.

Original Article: https://www.devmcgill.com/en/blog/bring-spring-to-your-condo-5-tips-to-enhance-your-condos-green-space/


Canada Day 2019!

Bring your national pride to celebrate Canada Day downtown Burlington on Monday July 1st. Enjoy free Canadian-inspired activities and entertainment all day at Spencer Smith Park.

Start you day at 9am with yoga by the pier and continue the fun into the night with Burlingtons unforgettable fireworks show starting at 10pm.

Enjoy numerous other event highlights including: stilt walkers, face painters, hair artists, giant inflatables, sampling booths, great food, vendors and lots of true Canadian spirit!

Date and Time:
Monday, July 1, 2019 02:00 PM – 10:00 PM
Location:
Spencer Smith Park
1400 Lakeshore Rd

Burlington, Ontario, L7S 1Y2


Renters beware: Rental scams continue in Hamilton

Hamilton, ON (June 18, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) would like to issue a warning to the public that rental scams continue to take place within the City of Hamilton. RAHB continues to receive reports from REALTOR® members who find their for-sale properties posted without permission for rent on various online classified websites.

RAHB encourages potential renters to be aware of a listing that seems too good to be true.

“Prospective renters should always view a property beforehand, and obtain a phone number and office location for the landlord. When working with a REALTOR®, a business card would be provided,” says RAHB President Bob Van de Vrande. “With increasing demand for rental housing, renters need to be extra cautious and exercise good judgement.”

If you see or are affected by a rental scam, Hamilton Police Services suggests reporting the ad to the website where the rental is posted, working with your financial institution if money has been sent, and reporting incidents to local police services and the Canadian Anti Fraud Centre at 1.888.495.8501.

To prevent yourself from being a victim of a rental scam, RAHB and Hamilton Police Services recommend before any money is exchanged, going to the rental property and meeting the landlord; conducting research on listed properties, such as a quick search of the property address on REALTOR.ca; being aware of the language used because often the scammer will attempt to make the situation feel like an exchange between friends; and remember that if it seems too good to be true, it probably is.

“When in doubt, check the information or get in touch with a REALTOR® who can quickly verify the ownership of the property for you,” adds Van de Vrande. “Never send money online without having verified that you are working with a legitimate landlord or brokerage.”

Original Article: https://www.rahb.ca/rahb-realtors-release-june2019-statistics/


May Stats are Here!

Hamilton, ON (June 3, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,344 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in May 2019. This is a 10.9 per cent increase from May last year, as well as a 9.6 per cent increase over April 2019 and a 30.2 per cent increase over March 2019. The average price for residential properties increased by 0.9 per cent from May 2018 to $593,702.

“The number of sales increased double digits over last year and the number of new listings decreased by 5.2 per cent, indicating that we are in the thick of a busy spring market for sellers,” says RAHB President Bob Van de Vrande. “And prices only increasing an average of 0.9 per cent over last year means buyers haven’t watched prices soar while they find the perfect home.”

The number of sales for single family properties within the entire RAHB market increased by 6.3 per cent compared to the same month last year, and the average sale price increased by 0.5 per cent. Townhouse sales activity across the entire RAHB market area increased from May 2018 by 21.8 per cent, and the average townhouse sale price rose by 3.7 per cent to $507,400. Apartment-style property sales increased by 20 per cent over May 2018, and the average price increased by 8.3 per cent.

“When we talk about the ‘RAHB market’, we’re referring to four separate communities – Hamilton, Burlington, Haldimand and Niagara North,” adds Van de Vrande. “The activity experienced in one community may not be taking place in another for a variety of reasons, and that’s why it’s so important for consumers and sellers to use a local REALTOR® who knows the trends within their area.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

https://www.rahb.ca/rahb-realtors-release-may-statistics/


April Stats are Here!

Hamilton, ON (May 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB)reported 1,226 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in April, 2019. This is a 6.3 per cent increase from April last year, as well as an 18.8 per cent increase over March 2019 and a 66.8 per cent increase over February 2019. The average price for residential properties increased by 3.9 per cent from April 2018 to $589,324.

“It’s encouraging to see the overall number of sales increase since last year when the market balanced out from 2016 and 2017,” says RAHB President Bob Van de Vrande. “Paired with a consistent increase in new listings month over month, Hamilton, Burlington and the outlying areas provide choice for buyers and a healthy market for sellers.”

The number of sales for single family properties within the entire RAHB market increased by 8.2 per cent compared to the same month last year, and the average sale price increased by 2.3 per cent. Townhouse sales activity across the entire RAHB market area decreased from April 2018 by 0.4 per cent, while the average townhouse sale price rose by 6 per cent. Apartment-style property sales increased by 17.9 per cent over April 2018, and the average price increased by 10.6 per cent to $409,104.

“When we look at our entire market area, we can see that there are variances in the number of sales and listings, as well as average price, from community to community,” adds Van de Vrande. “That’s why it’s so important for consumers and sellers to use a local REALTOR® who knows the trends within their community – especially heading into a healthy spring market.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Because neighbourhoods vary, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

https://www.rahb.ca/rahb-realtors-release-april-statistics-2/