Tag: chassity cook

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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 • 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

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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.

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Monaco Condominium Collingwood

In the Monaco condominium, residents enjoy a plethora of luxurious amenities. The moment you step into the grand and tastefully decorated residential lobby, you’ll feel a sense of arrival. Situated just a short distance from trendy shops and restaurants, the Monaco condominium building is surrounded by the year-round splendor of Southern Georgian Bay and the Blue Mountains.

The Monaco stands as a modern condominium project with six stories, 127 units & is located at the intersection of Hurontario St. and Hume St. Positioned in the heart of downtown Collingwood, this elegantly designed building includes such amenities as a rooftop retreat, rooftop party venue, fitness center, underground parking, storage locker facilities, bike racks, and retail spaces on the main floor.

Just a brief walk to the Gayety theatre, shops, the shipyard and numerous excellent dining establishments within our downtown core, make the Monaco an exceptional option for embracing your optimal lifestyle! Check out what is currently listed for sale at www.collingwoodmonaco.com and to book your personal viewing today. Indulge in the luxury lifestyle that awaits you!

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Want To Retire In Collingwood? Here’s 10 Reasons Why You Should!

Retiring in Collingwood, Ontario, Canada, or any location, depends on a variety of factors that are personal and unique to each individual. Collingwood is a popular destination for retirees due to its appealing qualities, but whether it’s the right place for you to retire depends on your preferences, priorities, and circumstances. Here are some potential reasons why some people might choose to retire in Collingwood:

  1. Natural Beauty: Collingwood is situated in a picturesque area near the shores of Georgian Bay and is surrounded by the stunning landscapes of the Blue Mountains and other natural attractions. If you enjoy outdoor activities like hiking, skiing, and water sports, Collingwood’s natural beauty could be a major draw. Check out the many trails & parks. Trails & Parks Collingwood Golf Courses Ski Resorts Recreation Programs

2. Recreational Activities: The region offers various recreational opportunities, including golfing, boating, fishing, and skiing in the winter months. If staying active and enjoying outdoor pursuits is important to you, Collingwood has a lot to offer.

3. Small-Town Charm: Collingwood has a small-town atmosphere that can be appealing to retirees looking for a slower pace of life. The community often fosters a sense of belonging and provides opportunities to get involved in local events and organizations.

4. Cultural and Artistic Scene: Despite being a smaller town, Collingwood often has a vibrant cultural and artistic scene. There are galleries, theaters, and festivals that can provide entertainment and enrichment for retirees who appreciate cultural activities. Collingwood is home to many fantastic restaurants offering the most delectable cuisine. Some of my favourite places to dine are:

5. Proximity to Toronto: Collingwood is relatively close to Toronto, which is about a two-hour drive away. This proximity allows retirees to access big-city amenities and services while still enjoying the benefits of living in a smaller community.

6. Healthcare Facilities: Collingwood has healthcare facilities, including hospitals and medical clinics, to cater to the healthcare needs of its residents. Access to quality healthcare is often an important consideration for retirees.

7. Retirement Communities: There are retirement communities and senior living options in Collingwood that provide a range of housing and care services for older adults who want to be part of a community specifically designed for retirees. Real Estate: Depending on the housing market and your preferences, you might find a variety of housing options in Collingwood, from cozy cottages to modern condominiums. The real estate market can influence your decision to retire in a particular location. Homes for sale in Collingwood

8. Peaceful Lifestyle: Many retirees are drawn to the tranquility and peacefulness of Collingwood. If you’re looking to escape the hustle and bustle of city life, the serene environment could be a major benefit. Seniors are outside walking their dogs, bike riding and taking in the nature trails daily. A small town with a hip and upbeat vibe this town is a great option for retirees.

9. Golfing Opportunities: Golf enthusiasts will appreciate the various golf courses in and around Collingwood. The area’s scenic beauty adds to the charm of golfing in the region. While there are many golf courses in the area here are just a few on the list: Cranberry Golf Course, Monterra Golf Course in The Blue and Osler Brook Golf & Country Club/private

10. Friendly Community: Smaller towns often have tight-knit communities. Collingwood is known for its friendly residents, fostering a sense of community and belonging. The close-knit nature of Collingwood contributes to a sense of safety and security. Residents often feel comfortable and confident in their community, knowing that they are surrounded by familiar faces who look out for one another!

Ultimately, the decision to retire in Collingwood or any other location should be based on your personal preferences, needs, and circumstances. It’s recommended to visit the area, explore the community, and consider factors such as cost of living, climate, healthcare access, and proximity to family and friends before making a decision. Life is Collingwood is an awesome lifestyle choice for so many reasons!

Feel free to reach out to me at 705-994-7117 or via email at simcoerealtor@gmail.com for any of your community or real estate questions.

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Top Reasons That You Will Want To Call Wasaga Beach Home!

Wasaga Beach is an amazing place to call home for so many reasons!

Firstly, let me start off by saying that Wasaga Beach has the longest freshwater beach in the world that spans 14 kilometers long!

During the summer the shores are enjoyed by families building sand castles, swimming, paddle boarding, kayaking and enjoying days outdoors! Winter time also offers a host of activities such as cross country skiing, snowshoeing, snowmobiling and exploring nature along the many trails! Wasaga Beach truly is a 4 season playground making it an awesome alternative for families spending too much time online & indoors. Get outside already!

The Town of Wasaga Beach is located on the shores of Georgian Bay at the mouth of the Nottawasaga River, about 40 km northwest of Barrie. The population of Wasaga Beach is approximately 21,000.

If you are from anywhere in the GTA we know that your real estate frustrations are at an all time high! Real estate prices are much kinder to the pocket book here in Wasaga Beach for buyers! Anyone considering making a move from the city you will find that your home purchase here in Wasaga Beach will offer you a greater choice of incredible homes offering more square footage and property! The real estate market like close to any major city has become unreasonable for many, thus making Wasaga Beach an amazing choice for your home purchase!

Located close to the 400 highway Wasaga Beach is a great option for those that are commuting to the city for work purposes. Traffic conditions here in Simcoe are much less stressful than that of those in the urban settings. Life is too short to be sitting in traffic wishing you were home! A short drive to Toronto makes Wasaga Beach a viable option for living your best life, on or near the shores of Georgian Bay.

Another incredible reason to call Wasaga Beach home is that our crime rate is super low especially compared to city living! It has a small town community feel that allows you and your family to feel safe and thrive in this amazing town. Lower crime rates are another major reason attracting new resident’s moving into the area! Having a sense of safety within your community, allows one the option of living a beautiful stress free existence that we all want to enjoy!

Various community centers, programs, parks and great schools are appealing to buyer’s here in Wasaga Beach! It truly is an amazing place to raise your family or to retire. There is something offered for everyone and every age!

Wasaga Beach also offers 3 fantastic golf courses for any golfing enthusiasts. The golf courses are Marlwood Golf & Country Club, The Links at Georgian Sands Golf Club and last but not least Triilinks Golf Limited. All are beautiful courses that are enjoyed by many throughout the golfing season!

The list goes on and on for reasons that you will want to call Wasaga Beach home! Call us today if you are considering a move here and we would be happy to help you in finding your dream home!

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Budget Friendly Staging Tips For Your Kitchen Prior To Listing Your Home!

It has been said that the kitchen is the heart of any home!

Whether small or large, the kitchen is the hub of the home. It is where the meals are created – it fuels the bodies, minds and souls of friends and families all over the world. The kitchen is the room in any home where family memories are built!

When thinking of listing your home for sale it is imperative that you focus on the value of staging your kitchen. The objective is to create an appealing and soothing mood that will entice the buyer to envision themselves not just living in the space but enjoying the space with family and friends.

It has been said a million times that we only have one chance to create a lasting 1st impression! Approximately 92% of purchaser’s today are first looking online prior to calling their agent and booking an appointment to view the home.

Staging your kitchen effectively will not only help increase prospective buyer traffic but get you sold faster and for more money. This may be the most important room in your home that you will not want to overlook prior to listing your home.

Firstly, you will want to remove everything from your countertops. Give the counters a good scrubbing and don’t forget the backsplash. Leave a minimum amount of accessories on the kitchen counter top. Hide away the toaster, the blender and the half eaten loaf of bread in plastic wrap! Declutter your counters so the area looks fresh, clean and purchaser’s can envision themselves preparing a meal in a space with a relaxed spacious vibe!

Do not overlook your pantry and the importance of decluttering this space as well! The same goes with your appliances both inside and out! You would be amazed how many buyer’s will open your appliances. Clean, clean, clean is always best! Keep your refrigerator’s exterior free from items being placed on the front door with magnets and such. Minimal is best practice for your kitchen space when listing your home to sell.

Placing such items on your counter as a fresh bowl of fruit to add some colour and freshness to the space or of course blooming flowers are a pleasing feel for any prospective purchaser walking through your home. Setting out a cookbook on a nice stand is also a nice way to stage your kitchen space that adds a charm to the space.

Another quick economical suggestion is to update the hardware on your cabinets if they are dated can have a huge impact on the cosmetics of your kitchen. Hanging a nice wine rack under the cabinetry is also a nice way to create a mood that is pleasing to the purchaser with a chill vibe.

This also applies to the lighting fixtures. An inexpensive way to update the feel and look of the kitchen. If it’s in your budget and your lighting is out dated a simple change to a more modern style will help to appeal a buyer’s decision. Ensuring that you are using the brightest bulbs is also imperative as know one likes a dark kitchen.

When it comes to paint colours generally we like to see a crisp white ceiling as this to can help to brighten the most important room in your home. A few simple hours of labour can net you thousands in the sale price of your home.

If your kitchen is considered warm in colour meaning there are lots of nature woods and browns then it’s generally a good rule of thumb to use paint colours that are cool in colour, this will help to balance the tones.

If your kitchen is cool in colour meaning lots of black and whites then the opposite would apply and adding colour to your walls will help to build contrast. A pop of colour will help the overall appeal of this important space!

Bottomline is is that you cannot assume the a potential purchaser will have the imagination to see your home as their own space! Depersonalize, declutter, stage, minimalize and clean, clean, clean. These tips will help you to get sold faster and for more money!