Looking for a great investment property?!! Live in an almost brand new home, quickly build equity and avail of financial security! 39 Fred W Brown Drive is a split entry 2 Apartment home with ALL the bells and whistles! From the dark hardwood, center island, open concept, pot lighting in kitchen, up graded fixtures, headers, ceramics in all wet areas, en-suite of Master, stainless steel appliances, microwave/range hood, fridge with water and ice dispenser on main. Completed rec room. Lower level 2 bedroom apartment is above ground with ground level entry,lots of natural lighting, spacious, open concept, more than ample walnut stained cabinet and counter space, stainless steel appliances, dishwasher,microwave/range hood,quality laminate flooring.Washer and dryer included in both units.Separate driveways for each unit;apt driveway can easily accommodate 2 vehicles.Currently rented top and bottom. Asking price $379,000 MLS: 1105771 For more information call Stephen Winters (709.682.9045) or Janice Briffett (709.727.6901)
115 Bonaventure Ave is located close to MUN and downtown St. John`s. This 2-apt home has a lot of upgrades. Hardwood and ceramic floors, new kitchen cabinets, bathrooms renovated and and vinyl windows. 4 bedrooms on the main floor with a 1 bedroom apartment in the basement. The home is situated on a large deep treed lot. The perfect home for an investment or to live in one unit and rent the other. MLS 1106665 Asking price is $315,000 Contact Fraser or Stephen Winters for additional information.
**SALE PENDING** Looking for a great investment property in St. John’s? 77 Queens Road is a fully rented four unit investment property in the heart of downtown St. John`s. Two units are 1 bedroom apartments and two are bachelor units. Separate meters. Some newer vinyl windows but are still covered in storm windows. Torch on roof. Monthly rental approx. $2800. MLS: 193172 Asking price $318,000 Contact Fraser or Stephen Winters for additional information or to request a viewing.
According to statistics released yesterday by The Canadian Real Estate Association (CREA), national resale housing activity edged lower on a month-over-month basis in June 2012. Price gains remained strong in Toronto, continued slowing in Greater Vancouver, and accelerated in Calgary.
• Home sales down 1.3% from May to June.
• Actual (not seasonally adjusted) activity stood 4.4% below levels in June 2011, marking the first yearover-year decline since April 2011.
• The number of newly listed homes climbed 1.4% from May to June.
• Fewer sales and a rise in new listings resulted in a more balanced national housing market.
• The national average home price slipped 0.8% on a year-over-year basis in June.
• The Aggregate Composite Benchmark home price was up 5.12% year-over-year in June.
Sales over Multiple Listing Service® (MLS®) Systems in Canada eased 1.3 per cent on a month-over-month basis in June 2012. This follows a 3.4 per cent decline posted in May.
National activity was down from the previous month in slightly more than half of all local markets, with Greater Toronto and Vancouver contributing most to the small decline.
“Canada’s housing market lost a little altitude in June, but it’s still flying pretty high,” said Wayne Moen, CREA President. “That said, sales activity and average prices bucked the national easing trend in a number of markets, which underscores that all real estate is local. Buyers and sellers should talk to their REALTOR® to understand how the housing market is shaping up in their area.”
Actual (not seasonally adjusted) activity was down 4.4 per cent in June 2012 compared to the same month last year. This marks the first year-over-year decline in national activity since April 2011.
Boosted by strong activity in March and April, a total of 257,193 homes traded hands over Canadian MLS® Systems in the first half of 2012. This is up 4.7 per cent from levels reported over the same period in 2011, and marks the strongest sales for the first half of any year since 2007.
“Home buyers didn’t rush their purchases before the most recently announced changes to mortgage regulations came into effect,” said Gregory Klump, CREA’s Chief Economist. “That’s a big change compared to what we saw as a response to previously announced changes. It will take some time before the compound effect of previous and recent changes to regulations on Canada’s housing market becomes apparent.”
The number of newly listed homes rose 1.4 per cent in June compared to May.
Nationally, the number of months of inventory stood at six months at the end of June, up slightly from 5.9 months of inventory at the end of May. The number of months of inventory represents the number of months it would take to sell current inventories at the current rate of sales activity, and is a further measure of the balance between housing supply and demand.
The MLS® Home Price Index (MLS® HPI) is a more accurate measure of Canadian home price trends, since it is not distorted up or down by changes in the mix of sales. It tracks home price trends in five of Canada’s most active housing markets, including Greater Vancouver, the Fraser Valley, Calgary, Greater Toronto, and Montreal. These markets account for nearly half of all home sales activity over Canadian MLS® Systems.
The Aggregate Composite MLS® HPI rose 5.1 per cent from May to June 2012. This represents a slight deceleration from the 5.2 per cent gain reported in May. The year-over-year increase was again highest in Greater Toronto (7.9%), followed by Calgary (5.6%), Greater Montreal (2.7%), the Fraser Valley (2.6%), and Greater Vancouver (1.7%).
** SOLD ** 162 Hamilton Ave is a great investment property located across from Victoria Park, close to downtown St. John`s. Each unit is a 2 bedroom apartment and has separate laundry hook-ups. Vinyl windows. Laminate flooring throughout most of property. Upstairs apartment has an updated kitchen. Off street parking. Asking price is$179,900. Call Fraser or Stephen Winters for more information.
** SALE PENDING IN UNDER 72 hours** Just listed 76-78 Goodridge Street. A great 6 bedroom 2-apartment investment property within walking distance to MUN. Many upgrades including electrical, vinyl windows, colonial doors, oak kitchen. Main floor laundry. Two electric meters and separate heating. This property is well maintained and shows very well. Two fridges, two stoves & washer and dryer to remain. Off street Parking. Income $2000 mth for main (including utilities) and $600 mth POU for apartment. Asking price is $239,900. Contact Fraser or Stephen Winters for more information. MLS#: 174070