few years back if everyone remember, yonge and finch subway station was way north ... then it was steeles and thornhill area that was savvy and new for investors, it was urban yet not far from main subway station and larger units and historical thornhill's vilage. closer to a year ago 16th became the new savvy. closed to "Go train" for exacutive and downtown goers, urban and large community improvement and builders. the house prices in 16th jumed more than %58 in the last 5 years. the next upcoming savvy area is ... ELGIN MILLS. yes! it is within rich, right at "go train and its parking, great family oriented and community built. wonderful school choices and many green lands. specialy gettin closer from yonge to bayview. many untouched bungalows. "hint hint" for builders and money investors. the next savvy area of hight percentage growth is north of Major Maccenzie to elgin mills, between yonge and bayview. the next 3 years it will be one of the highest returns in investments.
i bought a 3 bedroom house just south of elgin mills on bayview in 2006 and price has gone up from $340,000 which i originally paid for to just over $400,000 in less than a year!!!amazing.
Hi, my husband and i have purchased a detatched bungolow north of majormac on bayview 2 years ago. in our street many houses were bought and sold and as we followed up the prices, now is over 400k in our area. we bought our house for 285k with a finished basement. we spent about 30k to upgrade many different areas. we are thinking of putting it in the market and move up to new market but our real state has advised us to hold up 2 more years as they are developing under elginmills and building a new commercial plazas and this will certainely affect our house price. as i spoke with my neighbour many changes will come to that area which will increase the value for that area.
currently i leave in north york and i have condo. my friends are investing in the same area and i want to do the same. is bayview and south of elginmills really developing? can someone help me and give me more info on that area? should i invest on the renovated one or should i do it myself?
i have a house on crosby, bayview south of elginmills and my agent said the same thing. the interest rates are ok. buyers market still strong until the next 5 year estimate and highest area developement is this. our neighboorhood has not been changed much as the houses and bungolows are not being renovated outside. i am not planning to touch this property for the next two years i know it will be minimom of %50 increase in value. 3 bdr, 2 washroom and complete basement(rented) open to hear from others
hi. not totally agree or tleast not sure. my agent told me to invest in 16th. he said that 16th is under development and no risk. love to hear opinions
yes. 16th is already had its growth to my opinion. the reality of investment is to invest in a place that has potential of growth not a place that has grown. regardless i am in favour of real estate invesment. you will not lose on 16th, but i think u'll have a better return if you invest south of elginmills and bayview. but just an opinion!
i am a real estate and have sold many properties in that area. as an agent i believe in location location location. history shows a growth n real estate due to decrease of interest rates and banks willingness of mortgages. we have approved many families and turn in their investment in the right way. it is correct and Richmondhill's highest bidders are intersted in south of elginmills on bayview. (mall developement, old lots with potential of renovation, rental income and many other more factores will cause this area to the top bidder in real estate for the next few years to come. i suggest have a good consultation with your agent before investing.
sorry, i read the whole comments and i am a little confused. which area is in the subject? i mean where in richmondhill is it that Mr. Javansal_mard mentioned??
sorry. because we want to purchase an investment house and our agent told us richmondhill is a good area to buy home. my friend told me about this website. i am interested to know where in richmondhill is the best to buy home. thank you very much
to answer "nazi_akhavan65" the area of the subject is north of majormac on bayview and yonge. remember to consult with your agent before purchase. if you need an agent please let me know
i just purchased a detatched bungolow in taylormills 3 bdr with a fair lot size of 110. i paid $385,000. it was listed at $395,000 was renovated upstairs new floors and paint, ceiling. needs work in basement to build a kitchen. my agent says to put a $8-$10g for it and it'will go back to the value of the house. should i do it? i want to eventually rent it out and it can help me with my mortgage. any info appreciated.
this to respond to "buyurpennow" yes the area is developing, right north of major mac they already have built a huge plaza which is growing and getting bigger, a little north there will be another smaller plaza getting built (scheduled for 2008) right at crosby there is a church is sold and is refacing to a commercial developement and a bit north there is a big acres that is going to be built to a larg community by 2009. these will all affect the current value. i will defenty suggest a non-renovated one for investment if you're a handy man you'll benefit more from it. one more advise is to increase the value of your investment don't make it into a rental property. you know what i mean...
15 comments:
few years back if everyone remember, yonge and finch subway station was way north ... then it was steeles and thornhill area that was savvy and new for investors, it was urban yet not far from main subway station and larger units and historical thornhill's vilage. closer to a year ago 16th became the new savvy. closed to "Go train" for exacutive and downtown goers, urban and large community improvement and builders. the house prices in 16th jumed more than %58 in the last 5 years. the next upcoming savvy area is ... ELGIN MILLS. yes! it is within rich, right at "go train and its parking, great family oriented and community built. wonderful school choices and many green lands. specialy gettin closer from yonge to bayview. many untouched bungalows. "hint hint" for builders and money investors. the next savvy area of hight percentage growth is north of Major Maccenzie to elgin mills, between yonge and bayview. the next 3 years it will be one of the highest returns in investments.
i bought a 3 bedroom house just south of elgin mills on bayview in 2006 and price has gone up from $340,000 which i originally paid for to just over $400,000 in less than a year!!!amazing.
what's going on here??? am i missing something?
Hi, my husband and i have purchased a detatched bungolow north of majormac on bayview 2 years ago. in our street many houses were bought and sold and as we followed up the prices, now is over 400k in our area. we bought our house for 285k with a finished basement. we spent about 30k to upgrade many different areas. we are thinking of putting it in the market and move up to new market but our real state has advised us to hold up 2 more years as they are developing under elginmills and building a new commercial plazas and this will certainely affect our house price. as i spoke with my neighbour many changes will come to that area which will increase the value for that area.
currently i leave in north york and i have condo. my friends are investing in the same area and i want to do the same. is bayview and south of elginmills really developing? can someone help me and give me more info on that area? should i invest on the renovated one or should i do it myself?
i have a house on crosby, bayview south of elginmills and my agent said the same thing. the interest rates are ok. buyers market still strong until the next 5 year estimate and highest area developement is this. our neighboorhood has not been changed much as the houses and bungolows are not being renovated outside. i am not planning to touch this property for the next two years i know it will be minimom of %50 increase in value. 3 bdr, 2 washroom and complete basement(rented) open to hear from others
hi. not totally agree or tleast not sure. my agent told me to invest in 16th. he said that 16th is under development and no risk. love to hear opinions
yes. 16th is already had its growth to my opinion. the reality of investment is to invest in a place that has potential of growth not a place that has grown. regardless i am in favour of real estate invesment. you will not lose on 16th, but i think u'll have a better return if you invest south of elginmills and bayview. but just an opinion!
i am a real estate and have sold many properties in that area. as an agent i believe in location location location. history shows a growth n real estate due to decrease of interest rates and banks willingness of mortgages. we have approved many families and turn in their investment in the right way. it is correct and Richmondhill's highest bidders are intersted in south of elginmills on bayview. (mall developement, old lots with potential of renovation, rental income and many other more factores will cause this area to the top bidder in real estate for the next few years to come. i suggest have a good consultation with your agent before investing.
sorry, i read the whole comments and i am a little confused. which area is in the subject? i mean where in richmondhill is it that Mr. Javansal_mard mentioned??
sorry. because we want to purchase an investment house and our agent told us richmondhill is a good area to buy home. my friend told me about this website. i am interested to know where in richmondhill is the best to buy home. thank you very much
to answer "nazi_akhavan65" the area of the subject is north of majormac on bayview and yonge. remember to consult with your agent before purchase. if you need an agent please let me know
i just purchased a detatched bungolow in taylormills 3 bdr with a fair lot size of 110. i paid $385,000. it was listed at $395,000 was renovated upstairs new floors and paint, ceiling. needs work in basement to build a kitchen. my agent says to put a $8-$10g for it and it'will go back to the value of the house. should i do it? i want to eventually rent it out and it can help me with my mortgage. any info appreciated.
this to respond to "buyurpennow"
yes the area is developing, right north of major mac they already have built a huge plaza which is growing and getting bigger, a little north there will be another smaller plaza getting built (scheduled for 2008) right at crosby there is a church is sold and is refacing to a commercial developement and a bit north there is a big acres that is going to be built to a larg community by 2009. these will all affect the current value. i will defenty suggest a non-renovated one for investment if you're a handy man you'll benefit more from it. one more advise is to increase the value of your investment don't make it into a rental property. you know what i mean...
Hi everyone, found this amazing forum about development and projects in the world in cluding small regions. lets all chat and put our opinions there
http://www.skyscrapercity.com
Post a Comment