Family Friendly 4 Bedroom Home For Sale in Port Perry

On the south side of Port Perry is a beautiful 4 Bedroom + 4 Bathroom Home situated on a large lot with no neighbours behind, just green-space, pond and walking trails . The main level is very spacious and features an Open Concept layout from the moment you walk in the front door, right back to the welcoming family room. One of the nicer features is just how much  natural light drenches the family room and breakfast area.

Open concept Kitchen, Breakfast Area and Family Room  makes entertaining with family and friends an absolute joy. Two 2 walkouts to the large back yard and deck means outdoor entertaining can carry on right through the summer and fall. IF you missed it walking in there is also a wonderful front porch to enjoy coffee in the morning or warm summer evenings.

The finished basement features a kitchen, living room and plenty of storage. The 2 car garage and parking for 2 additional cars is very convenient as well. The garage allows for direct access to the home. Two 2 walkouts to the large back yard and deck.

Come Visit This Incredible Home And Everything Port Perry Has To Offer.  Enjoy The Views Of The Pond, Walking Trail, Wildlife, Beautiful Port Perry Sunsets, Short Walk To Downtown And The Waterfront.

Check out the virtual tour below for a pictorial walk through of the home

 

 

Home Features

  • 2nd Level Laundry
  • 4 Spacious Bedrooms,
  • Master Bedroom With 4Pc Ensuite.
  • Finished Basement With Second Kitchen And Full Bath.
  • Ceramic and Hardwood Floors on main level
  • Gas fireplace in family room
  • Green-space behind the home
  • Front Porch

For Additional Information please contact Either

Kathy McFadden 905-442-0065  or

Scott Roy (905) 435-7355

REMAX JAZZ Inc. Brokerage

193 King Street East, Oshawa Ontario

(905) 728-1600

scott@lifeindurham.com

Open House Weekend in Port Perry – Saturday 1-3 pm & Sunday 2-4 pm

If you are in search for a home I might have it covered this weekend! I will be hosting 2 Open Houses in Port Perry this weekend on 2 very different styles of home.

BUNGALOW ON SATURDAY

First will be on Saturday June 8th from 1:00 pm – 3:00 pm in the Adult Lifestyle Community of Canterbury Commons at 187 Waterbury Cres. This Home is a lovely Red Brick Bungalow that has a fantastic lake view with 1 + 2 Bedroom Layout,  Finished Basement with a Walk Out to back yard, Eat In Kitchen with Walk Out to deck. The 1 Bedroom up configuration can be changed back to a 2 Bedroom layout. Check out the Virtual Tour for more Information.  Currently listed at $789,900 on the MLS system

Virtual Tour – 187 Waterbury Cres

 

2 STOREY – 4 BEDROOM ON SUNDAY

Second will be a wonderful 2 Storey family home in a very family friendly subdivision of Port Perry. I will be at 19 Greenway Blvd on Sunday from 2:00pm – 4:00pm

This 4 Bedroom Home Has A Fabulous Lot That is backing on to Greenspace. You will enjoy the views of the pond, walking trail and beautiful Sunsets . There is a short walk to Downtown Port Perry and the Waterfront area and historic Queen Street. Home Is Sure To Please With Gleaming Hardwood, Open Concept Kitchen And Family Room, Beautiful Formal Living And Dining Area. Master Bedroom has large Ensuite,

Currently listed at $729,900 on the MLS system

Beautiful Executive Style Port Perry Home on 1.8 Acres

IMG_3911 copyThis Exclusive Listing in Port Perry is a Beautiful 4 Bedroom Custom Built Home!

This Home is situated in an exclusive enclave of homes just 2 minutes north of Port Perry. The Castle Harbour neighbourhood is a blend of executive style homes on large 1 and 2 acre lots. If you are looking for a bit of privacy and the amenities and charm of historic Downtown Port Perry then this is the home for you.

This Home Features:

  • 4 Bedrooms
  • 3+ 1 Bathrooms
  • Finished Basement
  • 2 Car Garage
  • Large Family Room Addition
  • 1.8 Acre Lot
  • Large Wrap Around Deck
  • Main Floor Office

Large principal rooms on the main level make this a great home for entertaining. There is a large eat in Kitchen and combined Dinning area and a more formal living room with fireplace. The Second level has a unique split design that will provide your family with a unique configuration. Master Bedroom has a 3 piece ensuite, There is a 4 Piece Main Bathroom and 3 bedrooms. One of the Bedrooms has 2 large Walk in Closets.

For Additional Information on this wonderful home please contact me directly (905) 435-7355. We can also schedule and arrange for your own private showing.

Currently Listed Exclusively at $1,199,000.00

 

SCOTT ROY Sales Representative

RE/MAX JAZZ Inc Brokerage

21 Drew St. Oshawa Ontario, L1H 4Z7

(905) 728-1600 or (905) 435-7355 Direct

scott@lifeindurham.com 

Exclusive Waterfront Home in Port Perry

Welcome to Your Waterfront Oasis on Lake Scugog with 3 Bedrooms, 3 Bathrooms Detached 2 Car Garage. Designed and created with a “Bungalow lifestyle” in mind.

 
Beautiful Western Views and Vistas that can only be outdone by the absolutely Stunning Sunsets you can take in from the huge deck overlooking Lake Scugog. This home has been designed around a bungalow lifestyle with the Master Bedroom on the main level that features walk through closet to a beautiful  4-Piece Semi Ensuite Bathroom. You will also find the laundry room on the main level and a stunning Open Concept floor plan that is almost completely barrier free. 
This custom built 3 Bedroom, 3 Bathroom home has a detached 2 car garage complete with a 2nd Story Loft that is ready to be developed. Generous driveway allows for parking for up to 8 cars. 24 Foot soaring cathedral ceilings provide a sun drenched living space with stunning views across the lake from almost every room. The open concept main floor layout also features a stunning kitchen with Solid Wood Cupboards that are complimented by the rich black granite counter tops and high end appliances, including an induction stove with down draft venting. The Open Concept Living space makes this a a great environment to Entertain with family and friends.
Other Features: 
  • Hardwood Floors on 1st and 2nd levels
  • Ceramic Tiles in Kitchen and Foyer
  • LED lighting throughout the Home 
  • New Drilled Well 
  • New Septic System 
  • Parking for 8 Cars 
  • Rough In for “In Floor” Radiant heating in basement
Dont miss the Opportunity to make this Wonderful Waterfront home your own !!!
Contact me for additional information or to book your own private showing.

SCOTT ROY Sales Representative

RE/MAX JAZZ INC Brokerage

21 Drew Street Oshawa, Ontario L1H 4Z7
(905) 728-1600 (Office) or (905) 435-7355 (Text/Direct)
Exclusive Listing and is currently offered for sale @ $1,199,000 

We Need Good Supply and an Equal Level of Demand.

I would tend to agree with a few of the points from an article that appeared in the globe and mail from a few weeks ago (see below). It is my understanding that the more first time home buyers that enter the market without sufficient inventory to select from can be one of the contributing factors of what happened a few years ago where too many buyers in the market didn’t have enough homes (inventory) to select from. Demand outstrips supply and we see 2, 3 or 4 buyers looking to acquire that entry level home in a good neighbourhood and multiple offers increase the purchase price which then has a trickle down affect to the next sale in the neighbourhood and the feeling from Buyers that they have to outbid other buyers as opposed to being able to shop for a home.

Article from Globe and Mail

There seems to be recognition that maybe there could be somethings to consider to assist 1st time home buyers getting into home ownership.  Although, RBC warns against taking measures to spur the market.

Some highlights as follows;

  • Some chatter of late of what Bill Morneau may unveil in the March 19th budget related to housing affordability
  • Some possibilities mentioned have been;

o   30 year amortizations for 1st time home buyers

o   Relaxing the stress test

o   Increasing the tax free RRSP withdrawal limit for 1st time home buyers

  • RBC Senior Economist, Robert Hogue, warns against taking such measures as they don’t address concerns such as;

o   Gaps in the mix of housing options

o   High household debt

o   Inventory challenges

o   He even warns such measures could inflate prices

  • Hogue does not believe Canada has a problem with home ownership;

o   On average, more than 40% of Canadian Households headed by those under the age of 35 own their homes

o   The proportion of Canadian households who own a home is one of the highest in advanced economies

  • Hogue feels that the collective goal should be to remove barriers (regulatory, administrative etc.) inhibiting developers and builders to respond quickly to the demand for new housing

 

If you would like to know more about the real estate market in your neighbourhood or community i would be happy to create a customized report that will outline the details of the market is performing from both sides of the equation.

Scott Roy, Sales Representative

RE/MAX JAZZ Inc. Brokerage

21 Drew Street, Oshawa ON L1H 4Z7

(905) 728-1600 office  or (905) 435-7355 direct / scott@lifeindurham.com

 

 

Hustling to Earn Your Business !

REMAX Logo NewConstantly searching for ways to become your trusted partner prior to you needing that trusted partner in real estate. Click on the fun link below to watch our hustle video.

Hustling To Earn Your Business

For Additional Information Please contact me directly to learn more about the real estate process, myself and the current real estate market in your own neighbourhood.

SCOTT ROY, Sales Representative

RE/MAX JAZZ Inc. Brokerage, 21 Drew Street

Oshawa, Ontario 

(905) 435-7355 Direct / Text 

Scott@lifeindurham.com 

 

hustlegraphic

 

New Qualification Rules for Mortgages

We met with mobile mortgage specialists from RBC this week to discuss how the recentconventional-versus-high-ratio-mortgage rule changes are affecting home buyers. Its not overly complex but the changes do have a significant impact on both buyers and the potentially the real estate market.

Lets run through a possible purchase scenario 

  • Buyer Client is a first time home buyer
  • They saved 5% for the down payment
  • $100,000 combined income
  • $800 a month for Loans, Car Payment, VISA Balance etc.

Subject Property they would like to purchase

  • Purchase Price $475,000
  • Property Taxes $5,000 / year
  • Heating and or other Expenses $1,200

 

2017 Qualification Rates for a 5 year fixed term – 3.19% 

  • Purchase Price $475,000
  • Purchase 5% Down Payment
  • 25 Year Amortization
  • Estimated Monthly Payment $2,221

** Total Debt Service Ratio =42%  equals mortgage APPROVAL  ** 

2018 Qualification Rates for a 5 year fixed term – 5.14% 

  • Purchase Price $475,000
  • Purchase 5% Down Payment
  • 25 Year Amortization
  • Estimated Monthly Payment $2,712

** Total Debt Service Ratio =48%  equals mortgage DECLINED  ** 

ADJUSTED QUALIFICATION *** 2018 Qualification Rates for a 5 year fixed term – 5.14% 

  • Purchase Price $400,000
  • Purchase 5% Down Payment
  • 25 Year Amortization
  • Estimated Monthly Payment $2,299

** Total Debt Service Ratio =43%  equals mortgage APPROVAL  **

Now more than ever it is so important to align yourself with and partner with industry professionals to help navigate you through all of your real estate options and the process of searching for and purchasing your new home. You may qualify for more than you think., You may have to adjust your search criteria, either way knowledge is truly a power full tool and a tremendous advantage in this current market place

Would like to thank Marlene Jobb, Ethan Jobb & Alexandra Jobb for presenting and  assembling the above numbers and scenarios. 

  • Marlene Jobb @ (905) 432-4310 marlene.jobb@RBC.com
  • Ethan Jobb @ (289) 927-3720 ethan.jobb@RBC.com
  • Alexandra Jobb @ (905) 995-2126 alexandra.jobb@RBC.com

Thank you

 

SCOTT ROY, Sales Representative

RE/MAX JAZZ Inc. Brokerage, 21 Drew Street, Oshawa ON

(905) 728-1600 Office or (905) 435-7355 Direct – scott@lifeindurham.com