NEW LISTING - 4+1 Bedroom in Courtice

If you're looking for enough space for the whole family, this is it. This 4+1 bedroom, two storey home is situated on a large lot and offers an open concept main floor, spacious bedrooms, 4 washrooms, a fabulous finished basement with 2nd kitchen and the backyard boasts an inground pool. The main floor features a double door entry, grand foyer, formal living room with bay window and a huge Great Room for entertaining. Approximately $30,000 was spent on the impressive basement which offers a modern kitchen, bright living room and an extra bedroom with a walk-in closet. Recent updates include shingles, windows, furnace and pool liner within the last 5 years.
Visit my website www.CarmineCupelli.com for more pictures

Do Renters Need Insurance?

Jennifer Brown
SPECIAL TO THE STAR

Contents insurance is something most renters don’t put too high on their list of priorities.

In the grand scheme of expenses, many feel it’s a cost they can do without, believing the likelihood something bad will happen is slim.

According to the Insurance Bureau of Canada, about half of all renters don’t have insurance, especially young people. They also fail to appreciate the full value of their clothing and personal belongings. CONTINUE READING...

How long can home prices keep rising?

By Moshe Milevsky | Mon Aug 15 2011

This is news only for the handful of Canadians who are not watching the real estate market closely. The average house price in Canada reached an all-time high of $371,000 this spring. In Toronto, the average hit $456,000 and in Vancouver it was $786,000, according to the Teranet - National Bank House Price Index.

Although there has been a slight price pull back during the last month or two, these market values are 100 per cent higher than a decade ago. Your house has more than doubled in 10 years, a compound appreciation of more than 7 per cent per year. This has occurred while virtually every other financial asset (other than gold) has declined in real value and housing prices in the United States have dropped by 30 per cent or more.

READ MORE...

Mortgage rates could fall on market slump

Canadian fixed-term mortgage rates could fall to even more affordable levels after roiling financial markets pushed the yield on five-year government bonds to record lows on Tuesday.

As investors fled equities in recent days, money poured into the haven of Canadian government bonds, pushing prices up and yields down sharply. Because banks borrow government bonds to help finance their fixed-rate mortgages, there is a tight link between five-year bond yields and five-year mortgage rates.

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NEW LISTING - Custom Bungalow in Brooklin

Stunning custom bungalow to be built in Old Brooklin, next to Woodington Estates. Approximately 2365 sq. ft., features include stone & brick exterior with custom architectural detailing, 9 ft. ceilings with waffle detailed coffered ceiling in Great room, gourmet kitchen with upgraded cabinets & granite counters, spa inspired ensuite bath, hardwood floors, Halogen potlighting, upgraded trim & baseboard, plaster crown mouldings and high end finishings throughout.

The Importance of Curb Appeal

That love at first-glance attraction, that real estate people call curb appeal, is becoming increasingly more important to the value of your home. These days, over 80 percent of buyers get their first look at a house from a picture on the Internet. If the "curbscape" is unappealing, most people don’t look any further. But even if your not planning to sell any time soon, you should think about keeping your biggest asset in an attractive and well maintained condition. Read more...

NEW LISTING - Legal Duplex in Whitby

Live upstairs and collect rent for the basement apartment.
Visit my website at www.CarmineCupelli.com for all the details