Home

  • Why Hiring a Local Real Estate Agent in Collingwood & Southern Georgian Bay Gives You an Advantage

    Why Hiring a Local Real Estate Agent in Collingwood & Southern Georgian Bay Gives You an Advantage


    Why Choose a Local Real Estate Agent in Collingwood and Southern Georgian Bay?

    When it comes to buying or selling property in Collingwood and Southern Georgian Bay, hiring a local real estate agent can make all the difference. Here are several reasons why partnering with a local expert can benefit you:

    Market Knowledge Local real estate agents possess intimate knowledge of the Collingwood and Southern Georgian Bay markets. They stay updated on current trends, pricing fluctuations, and neighborhood dynamics. This insight is invaluable for making informed decisions whether you’re buying or selling.

    Network and Connections Established local real estate agents have built extensive networks and connections within the community. These connections often grant access to off-market listings or upcoming properties before they’re publicly listed. This insider advantage can help you find your dream property or attract potential buyers efficiently.

    Pricing Expertise Accurately pricing a property is critical to its successful sale. Local agents leverage their experience and deep understanding of the local market to analyze comparable sales, market conditions, and property specifics. This ensures your property is competitively priced, avoiding the pitfalls of overpricing or underpricing.

    Neighborhood Information Whether you’re new to the area or exploring different neighborhoods, local real estate agents provide essential insights. They can advise on school districts, nearby amenities, transportation options, safety considerations, and more. This guidance helps align your housing preferences with the right community.

    Negotiation Skills Real estate transactions involve negotiations where having a skilled advocate is crucial. Local agents are familiar with local customs and negotiation tactics. They adeptly represent your interests in price negotiations, contingencies, repairs, and other transactional aspects, maximizing your outcome.

    Local Regulations and Paperwork Navigating real estate transactions involves extensive paperwork and legal intricacies that vary by location. Local agents are well-versed in these processes, ensuring compliance and mitigating risks throughout the transaction. This expertise streamlines the process, providing peace of mind.

    Ongoing Support Buying or selling a property is more than a transaction; it’s a journey. Local agents offer continuous support, guiding you through every step. They provide advice, recommend local professionals (inspectors, lenders, attorneys), and address any challenges that arise, ensuring a smooth experience from start to finish.

    While these advantages underscore the importance of hiring a local real estate agent, it’s essential to choose one aligned with your specific needs and goals. Evaluate agents based on their experience, track record, and reputation. Conduct interviews, seek references, and select an agent who inspires confidence and trust.


  • Discover Collingwoodโ€™s Best Neighborhoods: A Guide to the Townโ€™s Unique Communities

    Discover Collingwoodโ€™s Best Neighborhoods: A Guide to the Townโ€™s Unique Communities


    Exploring Collingwoodโ€™s Unique Communities

    Nestled along the shores of Georgian Bay, Collingwood is a vibrant town known for its scenic beauty, outdoor recreation, and charming neighborhoods. Whether you’re looking for a bustling downtown lifestyle, a peaceful waterfront retreat, or a family-friendly community, Collingwood offers a diverse range of living options. Each neighborhood has its own distinct character, catering to different preferences and lifestyles.

    If you’re considering moving to Collingwood or simply want to learn more about its various communities, this guide provides an overview of some of the townโ€™s most popular areas.

    Collingwoodโ€™s Neighborhoods & Communities

    1. Downtown Collingwood
      The heart of the town, Downtown Collingwood is a lively district filled with boutique shops, diverse dining options, and a thriving arts and culture scene. Itโ€™s also the center for year-round events and festivals, making it an exciting place to live and visit.
    2. Cranberry Resort Area
      A paradise for golf and resort enthusiasts, the Cranberry Resort Area offers a mix of condos, townhomes, and vacation properties. Residents and visitors enjoy access to golf courses, waterfront trails, and resort-style amenities, creating a perfect blend of relaxation and recreation.
    3. Blue Shores
      A sought-after waterfront community, Blue Shores is known for its private beach, marina, and picturesque views of Georgian Bay. With luxury homes and an emphasis on active living, this area is ideal for those who appreciate serene surroundings and waterside activities.
    4. Creekside
      Nestled among green spaces and walking trails, Creekside is a peaceful neighborhood that attracts outdoor lovers. Residents enjoy easy access to parks, biking trails, and open spaces, making it a great option for those who prioritize nature and an active lifestyle.
    5. Sunset Point
      One of Collingwoodโ€™s most scenic spots, Sunset Point is a waterfront neighborhood renowned for its breathtaking views of Georgian Bay. Itโ€™s a popular location for those who enjoy stunning sunsets, waterfront parks, and relaxing by the water.
    6. Heritage Corners
      A family-oriented neighborhood, Heritage Corners is located near schools and parks, offering a safe and welcoming environment. With a mix of traditional homes and modern builds, itโ€™s an excellent choice for families looking for convenience and community spirit.
    7. Admiralโ€™s Gate
      This upscale condo community near the Collingwood Marina offers a low-maintenance lifestyle with easy access to the water. Ideal for professionals and retirees, Admiralโ€™s Gate provides a combination of luxury living and waterfront charm.
    8. Pretty River Estates
      Located on the west side of Collingwood, Pretty River Estates is a private and secluded community featuring estate-style properties. Itโ€™s perfect for those looking for spacious homes, tranquility, and a more exclusive living experience.
    9. Mountaincroft
      A newer residential development on the west side of town, Mountaincroft offers a mix of detached homes and townhouses. With modern designs and a family-friendly atmosphere, itโ€™s a popular choice for those seeking contemporary living in Collingwood.
    10. Cameron Street Area
      Close to the townโ€™s center, the Cameron Street area is known for its charming, tree-lined streets and diverse housing options. From historic homes full of character to modern residences, this neighborhood is ideal for those who appreciate a blend of tradition and convenience.

    Collingwoodโ€™s communities each offer something unique, whether youโ€™re drawn to the energy of downtown, the tranquility of a waterfront retreat, or the charm of a family-friendly neighborhood. No matter your lifestyle, thereโ€™s a perfect place to call home in this beautiful town.


  • HUGE Lot Collingwood! Spacious 3-Bedroom Detached Home Across from Georgian Bay

    HUGE Lot Collingwood! Spacious 3-Bedroom Detached Home Across from Georgian Bay

    Are you searching for a home that combines size, location, and endless potential? Welcome to this stunning 3-bedroom, 3-bathroom detached home, offering approximately 2,800 sq. ft. of bright and spacious living space. Nestled in a quiet cul-de-sac and situated on a massive 109×165-ft corner lot, this home is located directly across from the breathtaking Georgian Bayโ€”perfect for nature lovers, outdoor adventurers, and those seeking peace and privacy.

    Prime Location with Outdoor Adventures at Your Doorstep

    Located in a sought-after area, this home provides unparalleled access to nature trails, watersports, and endless outdoor activities. Whether you enjoy kayaking, paddleboarding, or taking peaceful walks along the waterfront, this location has it all.

    Spacious & Functional Layout

    This home offers multi-generational living potential with a daylight basement featuring above-grade windows and a separate entrance, making it ideal for an in-law suite, rental income, or additional living space. The possibilities are endless!

    Key Features Youโ€™ll Love:

    โœ… HUGE Family-Sized Eat-In Kitchen โ€“ The heart of the home, perfect for gatherings and entertaining. โœ… Dramatic Living Room โ€“ Soaring cathedral ceilings with 18-foot floor-to-ceiling windows, bathing the space in natural light. โœ… Glass-Enclosed 3-Season Sunroom โ€“ A relaxing retreat to enjoy the beauty of the outdoors year-round. โœ… Large Primary Suite โ€“ Includes a private 3-piece ensuite for added comfort. โœ… Classic Hardwood Floors โ€“ Timeless strip hardwood throughout the home. โœ… 19×13-ft Concrete Block Garage โ€“ Ideal for hobbyists, storage, or a workshop. โœ… Recent Upgrades โ€“ 6-year-new furnace & central air system, 2-year-old central vacuum, and a 200-amp electrical service. โœ… Roof Re-Shingled Approx. 10 Years Ago โ€“ A solid foundation for future updates and customization.

    Endless Potential Awaits

    While this home may require some updating, it provides an exceptional opportunity to make it your own. With its sprawling lot size, flexible layout, and unbeatable location, itโ€™s the perfect canvas to create your dream home.

    ๐Ÿ“ž Schedule Your Private Viewing Today! Donโ€™t miss out on this rare opportunity to own a home in one of the most desirable locations near Georgian Bay. Contact us now to book your showing and explore the possibilities! The Georgian Realty Team. Kimberlee Diamond 705-994-7117 and Chassity Cook 705-994-7127.

  • Stunning 4-Bedroom Home in Mountaincroft โ€“ 187 Findlay Drive, Collingwood

    Stunning 4-Bedroom Home in Mountaincroft โ€“ 187 Findlay Drive, Collingwood

    Experience luxury living at its finest in this exquisite 4-bedroom, 3-bathroom home located in the highly sought-after Mountaincroft community of beautiful Collingwood. Showcasing 10+++ in every aspect, this meticulously maintained home is a true showstopper, featuring over $50K in premium upgrades!

    Exceptional Interior Features

    Step inside to a bright ceramic-tiled entryway that seamlessly flows into an expansive open-concept kitchen and living area. Designed for both style and functionality, the kitchen is a culinary enthusiast’s dream, boasting:

    โœ” Stainless steel appliances
    โœ” Gas stove for precision cooking
    โœ” Granite countertops for a touch of luxury
    โœ” Stylish backsplash to enhance the modern aesthetic
    โœ” Central island & double sinks for added convenience

    The adjoining dining area and spacious living room provide the perfect space to entertain, highlighted by a charming gas fireplace that adds warmth and ambiance. Throughout the home, high-end flooring and chic light fixtures elevate the interior’s elegance.

    Outdoor Living at Its Best

    Step outside to your 18′ x 32′ composite deck, complete with a gas BBQ hookup, perfect for entertaining or simply enjoying the fresh Collingwood air. The fully fenced yard ensures privacy and security for family and pets alike.

    Spacious & Serene Bedrooms

    Upstairs, youโ€™ll find four generously sized bedrooms, including a primary suite designed for ultimate comfort. The primary bedroom features:

    โœ” His-and-hers closets for ample storage
    โœ” A luxurious ensuite with dual sinks and spa-like finishes

    The additional bedrooms offer plenty of space and share a beautifully designed 4-piece main bath.

    Convenience & Functionality

    โœ” Main floor laundry for easy living
    โœ” Direct access to a two-car garage
    โœ” Abundant natural light throughout the home

    Pride of Ownership in a Prime Location

    Situated in one of Collingwoodโ€™s most picturesque communities, this home is impeccably maintained and radiates pride of ownership. Every detail has been carefully curated to provide comfort, style, and functionality in a bright, inviting space.

    ๐Ÿ”น A true must-see! Don’t miss this rare opportunity to own a turnkey home in Mountaincroft. Contact us today to schedule a private tour! The Georgian Realty Team, Kimberlee Diamond 705-994-7117 and Chassity Cook 705-994-7127.

  • Exquisite 1921 Edwardian Century Home in Creemore โ€“ Where Historic Elegance Meets Modern Luxury

    Exquisite 1921 Edwardian Century Home in Creemore โ€“ Where Historic Elegance Meets Modern Luxury

    Step into a piece of history with this stunning 1921 Edwardian Century brick home, meticulously updated to blend timeless charm with contemporary sophistication. Offering 4+1 bedrooms, 2 baths, and 2,185 sq. ft. of beautifully designed living space, this detached residence is a rare find for those who appreciate fine craftsmanship, modern conveniences, and an exceptional lifestyle.

    A Grand Entrance & Elegant Living Spaces

    From the moment you enter, the rich strip oak hardwood flooring and intricate wainscoting evoke a sense of old-world grandeur. The main living area exudes warmth and charm, featuring high ceilings and a Vermont gas woodstove, creating the perfect ambiance for relaxation. The expansive dining area seamlessly flows into the living space, offering the ideal setting for gatherings and celebrations.

    A Chefโ€™s Dream Kitchen

    Completely updated in 2024, the kitchen is a masterpiece of both style and functionality, featuring:

    โœ” Quartz countertops for a sleek and durable finish
    โœ” Double undermount sink for convenience
    โœ” Stylish ceramic backsplash adding modern elegance
    โœ” Expanded pantry for ample storage
    โœ” Newly renovated sunroom adjacent to the kitchen, filling the space with natural light and offering picturesque views of the secluded backyard

    Tranquil Bedrooms & Sun-Filled Retreats

    The second level offers versatility with 3+1 well-appointed bedrooms, including a serene second-floor three-season sunroom, perfect for a reading nook or private retreat. The spacious top-floor primary suite is a true sanctuary, complete with a skylight and ample closet space, creating an airy and peaceful escape.

    A Backyard Oasis

    Step outside to your spacious, fully fenced yard, where mature apple and cherry trees, raised garden beds, and a private deck provide a serene outdoor retreat. Whether youโ€™re enjoying morning coffee on the custom Douglas Fir front porch (2023) or dining al fresco under the stars, this property offers a harmonious connection to nature.

    Exceptional Upgrades & Garage Enthusiastโ€™s Dream

    โœ” Updated windows (2019) & metal roof (10 years old) for long-term durability
    โœ” Heat pump system (2024) for optimal energy efficiency
    โœ” Owned water softener for enhanced water quality
    โœ” Expansive 4-car metal garage (55′ x 36′) with a back shop, hydro, new garage doors & GDOs (2024)
    โœ” Separate workshop (17′ x 12′) with hydro, ideal for hobbies or additional storage

    The Perfect Blend of Historic Charm & Modern Comfort

    Impeccably maintained and thoughtfully upgraded, this one-of-a-kind Creemore residence seamlessly marries century-home character with modern luxuries. Whether youโ€™re drawn to its architectural elegance, state-of-the-art amenities, or the peaceful surroundings, this home is a true gem for discerning buyers seeking sophistication, comfort, and charm.

    Why Choose Creemore?

    Living in Creemore offers a unique small-town charm combined with modern conveniences. Renowned for its vibrant arts community, local markets, and boutique shops, Creemore is the perfect place to call home. With its rich history and scenic surroundings, this picturesque village provides a tranquil lifestyle just a short drive from urban centers.

    Your Dream Home Awaits

    12 Elizabeth St. West is more than just a house; itโ€™s a testament to fine living, offering timeless appeal and contemporary conveniences for a truly exceptional lifestyle. Donโ€™t miss this rare opportunity to own a piece of Creemoreโ€™s history while enjoying the benefits of modern upgrades. Schedule a viewing today @ simcoerealtorgmail.com and experience the unmatched charm of this stunning Edwardian home. The Georgian Realty Team, Kimberlee Diamond 705-994-7117 and Chassity Cook 705-994-7127.

  • Discover the Charms of Creemore: Ontarioโ€™s Hidden Gem

    Discover the Charms of Creemore: Ontarioโ€™s Hidden Gem

    Discover the Charms of Creemore: Ontarioโ€™s Hidden Gem

    Nestled just 1.5 hours north of Toronto in the rolling hills of Ontarioโ€™s picturesque countryside, Creemore is a delightful fusion of small-town charm and modern sophistication. For hip, trendy city dwellers seeking a serene escape without compromising on culture or connection, this quaint village is an irresistible destination.

    A Vibrant Community with a Creative Spirit

    Creemore boasts a thriving arts scene that draws creatives and connoisseurs alike. From charming art galleries showcasing local talent to community events that celebrate the villageโ€™s artistic heartbeat, thereโ€™s always something inspiring happening here. The townโ€™s boutique shops, filled with one-of-a-kind treasures, are a testament to its eclectic and unique vibe.

    A Foodieโ€™s Paradise

    The culinary scene in Creemore is nothing short of delightful. Home to award-winning craft breweries, including the famous Creemore Springs, the town offers a rich tapestry of flavors for beer enthusiasts and food lovers. Cozy cafes serve artisan coffee and baked goods that pair perfectly with mornings spent enjoying the townโ€™s laid-back ambiance. For those who value farm-to-table freshness, the Creemore Farmerโ€™s Market is a must-visit, offering locally sourced produce, meats, and artisanal goods.

    Outdoor Adventures Await

    Surrounded by lush forests, scenic trails, and tranquil rivers, Creemore is a haven for outdoor enthusiasts. Whether youโ€™re into hiking, cycling, or simply soaking in natureโ€™s beauty, the area offers countless opportunities to reconnect with the great outdoors. Its serene landscapes provide the perfect backdrop for weekend getaways and adventurous day trips.

    The Perfect Blend of Urban Buzz and Rural Tranquility

    What sets Creemore apart is its ability to combine the best of both worlds. Its close-knit community exudes warmth and authenticity, making it an ideal place to escape the hustle of city life. Yet, its proximity to Toronto ensures that youโ€™re never too far from the urban buzz. Itโ€™s a place where individuality thrives and connections run deepโ€”the perfect balance for the modern trendsetter.

    Your Dream Home Awaits

    Are you ready to make Creemore your home? The Georgian Realty Team is here to help you find the perfect property to match your lifestyle. With access to the newest on-market and exclusive off-market listings, theyโ€™ll guide you every step of the way. Subscribe now to receive curated listings directly to your inbox and start your journey to owning a slice of this charming village.

    Creemore is more than a destination; itโ€™s a way of life. Experience the magic of this enchanting village and discover why so many are choosing to call it home.

  • Blue Mountains Bliss: Build Your Dream Home by Georgian Bay’s Private Residents Beach!

    Blue Mountains Bliss: Build Your Dream Home by Georgian Bay’s Private Residents Beach!

    Your Dream Property Awaits in Blue Mountains, Ontario

    Imagine starting your mornings with breathtaking panoramic views of Georgian Bay from your back window and the towering beauty of the Blue Mountains just steps away from your doorstep. This is not just a dream โ€“ it could be your daily reality with Lot #115 on Sebastian Street, an extraordinary 51 x 110 ft property that promises an unparalleled lifestyle.

    A Coastal Escape Like No Other

    Located off Highway 26, this fully serviced lot is perfectly situated in a prime location that offers both serenity and convenience. With a private sandy beach just a few short steps away, residents can unwind and bask in the pristine beauty of Georgian Bayโ€™s waters. Whether youโ€™re seeking a tranquil spot for reflection or an adventurous day by the shore, this exclusive beach has you covered.

    Unmatched Accessibility

    This coveted property connects you effortlessly to the vibrant towns of Collingwood and Thornbury, each brimming with charm, unique dining experiences, boutique shopping, and year-round activities. For winter sports enthusiasts, the renowned Georgian Peaks Ski Club is only minutes away, offering some of the best skiing in the region. Meanwhile, golfers can indulge in their passion at the prestigious Georgian Bay Club, and boaters will relish the easy access to marinas in Thornbury and Collingwood, making every weekend a chance for waterborne adventures.

    A Rare Opportunity to Build Your Vision

    What sets this property apart is its generous dimensions: 51 feet of frontage and 110 feet of depth. This expansive lot provides ample space to bring your dream home to life. Whether you envision a modern coastal retreat, a classic chalet, or a timeless family abode, this property is your blank canvas.

    Why Wait?

    This isnโ€™t just land โ€“ itโ€™s your gateway to a lifestyle filled with adventure, relaxation, and unparalleled natural beauty. Opportunities like this donโ€™t come often, and this slice of Georgian Bay paradise is waiting for you to make it your own.

    Donโ€™t let this rare gem slip away. Call today to take the first step toward owning your dream property in the Blue Mountains. The coastal escape youโ€™ve always envisioned is closer than you think!

  • “Strategic Home Transitions: Should You Sell Before Buying in Simcoe County?” The Georgian Realty Team, Weighs In

    “Strategic Home Transitions: Should You Sell Before Buying in Simcoe County?” The Georgian Realty Team, Weighs In

    When you go to buy a new home in Simcoe County, one of the very first questions you will have to ask yourself is โ€œShall I sell my current home prior to purchasing my new property?โ€ The answer to this question is not always as straightforward as you might think โ€“ and it really does depend on a whole host of factors, not least the property market in which you are investing, your financial position and your personal circumstances. So, here is what you need to consider, with useful advice for our clients in the majestic Georgian Bay area.

    Understanding the Simcoe County Market

    Seasonal dynamics in the real estate market add another layer of complexity. These are particularly evident in Simcoe County, specifically the more southerly areas that make up the Blue Mountains โ€“ Collingwood, Wasaga Beach and environs. A large sizeable percentage of buyers looking to prefer to do so when the gardens are green and the ski hills are open. An almost visceral understand โ€˜Thatโ€™s what itโ€™s all about!โ€™ experience is a key motivator.

    If youโ€™re in a sellerโ€™s real estate market โ€” that is, when demand is high and supply is low โ€” you might be able to be able to very quickly sell your current home at a good price but, if inventory is also low and competition high, finding your next home might prove more difficult. On the other hand, being in a buyerโ€™s market or a balanced market while purchasing might provide more options but require more time to sell your current home.
    Pros of Selling Before Buying

    1. Financial Clarity: On the other hand, Selling your home first, you can get a real handle on your finances. You know exactly how much money you have to spend on your next property, so you can budget carefully and avoid over-stretching.
    2. Stronger Buying Position: You will be in a position to buy with that cash at hand, and that makes you more attractive in an auction-type market, where thereโ€™s so much competition across the board, especially in a hot market like the Simcoe County market, where most of the nice properties are selling with multiple offers.
    3. No Bridge Financing Needed: Selling avoids the necessity of bridge financing (that is, a loan that covers the period between buying a new house and before the sale of your old one). This saves you interest and reduces your financial stress.

    Cons of Selling Before Buying

    1. Temporary Housing: If you sell your home before finding a new one, you will probably have to live somewhere else in the meantime, which can be both inconvenient and expensive, especially if you need to find a place to live right away.
    2. Market Risks: Of course, thereโ€™s always a chance that the market conditions will have changed between selling the first house and buying the second โ€“ meaning that when you come to buy a house, it might cost a lot more than when you sold yours.
    3. Emotional Stress: Moving twice in quick succession can be a stressful experience. On top of that, not knowing where youโ€™ll be living next makes things harder.

    Pros of Buying Before Selling

    1. Peace of Mind: For that, if nothing else, youโ€™ll have the advantage of knowing precisely where youโ€™re headed and can plan your move with minimal angst.
    2. More Time to Find the Perfect Home: Now I am buying, and this allows me the time to find the right home, not feeling rushed into buying the first one simply because my home is sold.
    3. Ability to Renovate: If youโ€™re buying property, and your new home needs to be renovated, you can put off moving in until things are in order and everything is the way you want it.

    Cons of Buying Before Selling

    1. Financial Strain: Trying to carry two mortgages at once is difficult, especially if you need to put your present home on the market and it wonโ€™t sell as quickly as you anticipated. Not only could you have problems qualifying for a new mortgage, your home might not even sell.
    2. Rushed Sale: If you are under financial duress and are forced to sell quickly, you might have to settle for a price that is less than your ideal. This can be especially distressing in a slower market.
    3. Bridge Financing: After all, if you buy before selling, then you might have to borrow bridge financing, with its additional costs and strain.

    Making the Right Decision in Simcoe County

    Whether you sell first and then buy or buy first and then sell is a personal choice. There are pros and cons to each scenario and it ultimately comes down to your unique situation. No matter whether youโ€™re looking to sell your home or buy a new one, know that we at The Georgian Realty Team are here to help you make the right choice for your family. Contact us today to learn more about the Simcoe County market and how we can help make your real estate dreams a reality.

    Start by having us do a full market analysis on your existing home so you understand its value and how soon you can expect to sell it in this market. At the same time, we can provide you access to the properties that will meet your criteria so you can see what is available.

    Regardless of whether you decide to sell first or purchase first, having a plan is key. Weโ€™ll be there every step of the way to make sure your next move runs as smoothly as possible.

    If you need help taking that next step or if you have any questions about the real estate market, feel free to contact me. I will do everything I can to help you through this real estate process. The Georgian Realty Team is here for you 7 days a week.

  • Simcoe County Offers $30,000 Forgivable Loan For Secondary Suites Program

    Simcoe County Offers $30,000 Forgivable Loan For Secondary Suites Program

    Accessory Dwelling Units (ADUs) are helping address the housing crisis in several ways:

    1. Supply: They add supply of housing to the market. Without extra land permits, many ADUs can be built, adding units without requiring new development of land.
    2. Cost: They tend to be cheaper per square foot than normal homes, so that more people with lower cash flows could afford some of them.
    3. Flexibility Benefits for Homeowners: ADUs can provide a homeowner with financial stability by bringing in rental income if they were to rent out the ADU to help them afford their primary.
    4. Reduction of Space Waste: Having an ADU allows us to make better use of home space in all contemporary communities (urban, suburban).
    5. Stability of Community: Offering more dwellings in existing neighbourhoods, ADUs can help communities stay stable, and prevent displacement due to property value escalation and competing opportunities for development.

    In conclusion, although the article failed to locate a study that quantifies the actual increase in housing availability and affordability resulting from ADUs, we expect the increase to be significant, considering the high housing shortage in those US areas where they are operating (Suggested Paraphrase: Overall, ADUs are a great solution to address housing shortage problems, in a simple, useful and above all cost-effective way.)

    ARE YOU ELIGIBLE TO APPLY?

    If you are interested in participating in the Program to create a secondary or garden suite, applicants must meet the following criteria:

    • Own a property in the County of Simcoe
    • Creation of secondary or garden suite must comply with all municipal/building regulations
    • Property taxes and mortgage payments up-to-date
    • Insurance coverage for the full replacement value of the home
    • You must be a Canadian Citizen, Landed Immigrant, or have Refugee Claimant Status and have no deportation order under the Immigration Act (Canada) against any member of the household or no departure order or exclusion order under the Immigration Act (Canada) has become effective with respect to any member of the household
    • Not be in the process of applying for bankruptcy or have an active bankruptcy filed
    • Total of all mortgages and any other encumbrances registered on title, plus the Program funding, cannot exceed the market value of the home

    RENTAL UNIT REQUIREMENTS โ€ข Rents must be at or below the Average Market Rent as established by Canada Mortgage and Housing Corporation for a period of 15 years

    • Ingoing occupant(s) of the rental until must have a maximum household income below an amount as established by the Ministry of Municipal Affairs and Housing
    • Annual reporting of rental amounts is required
    • Units must be modest in terms of floor space and amenities
    • The use of energy-saving products and/or systems are strongly encouraged

    LOAN FORGIVENESS

    To earn loan forgiveness, you must maintain continued ownership of the property and adhere to all terms and conditions of the Loan Agreement. Loans for the creation of secondary/garden suites are forgiven at an equal rate over a 15 year period.

    LOAN REPAYMENT : PROGRAM DEFAULTS

    If any of the following occur, you will be deemed to be in breach and we may terminate this

    Source:

    Paraphrased from the human-sounding input while retaining quotes and citations. outstanding loan amount must be repaid:

    • The transfer, lease or selling of the home
    • Information was misrepresented to the County of Simcoe at any given time during the process
    • The loan is used for a purpose other than the repairs outlined in the scope of work
    • Property taxes and/or mortgage payments are in default
    • Rents and tenancies for secondary/garden suites do not meet Program Guidelines
    • Property is no longer insured to its full replacement value

    For more information on this program click here. https://simcoe.ca/residents/housing/affordable-housing-programs/#SecondarySuitesProgram

  • Affordable co-living for young Canadians $1250 per month inclusive downtown Toronto.

    Affordable co-living for young Canadians $1250 per month inclusive downtown Toronto.

    Let’s face it the pandemic shifted the workforce from the day-to-day grind of commuting to the office on the daily. This change is in all likelihood here to stay and has left us with a ton of empty office space downtown Toronto. Well, one company is thinking outside of the box and implementing co-living suites provided to young residents with the privacy of their own bedrooms, while common areas like kitchens, bathrooms and lounges are shared among the community. Toboggan Flats has designed these shared spaces with high-end materials and modern, stylish furnishings to create space young people will want to call home.

    Kimberlee Diamond explains affordable housing options

    Sharing means we can offer affordable premium amenities, such as laundry facilities right down the hall, high-speed internet, bathroom and kitchen cleaning, and a 24/7 concierge service all included in the monthly rent. Residents get the comforts of home without the hassle of maintenance. Single suite will run you apprx $1250.00 per month inclusive. A great option to living in the downtown core of Toronto at an affordable price.