NEWS & ANNOUNCEMENTS


News Story Thursday, July 29, 2021

Always working to serve you better!

I like this meme because Fridays represent the start of a busy weekend for us realtors.

Enjoy your long weekend!

#kwawesome


News Story Wednesday, July 28, 2021

New Listing: 55 ELLEN Street W. Kitchener, Ontario. N2H 4K1. $699,900 - 4 Beds + 3 Baths.

Welcome to Kitchener’s vaunted Civic District – a lovely, maturely treed neighbourhood near the heart of Downtown Kitchener. This heritage district lies mere steps from the city’s premier cultural amenities (the Centre in the Square’s venue for live performances and art displays and the Kitchener Public Library, among others), an easy stretch from the farmer’s market, and under 15 minutes on foot from King Street’s many restaurants, shops and bars. 55 Ellen Street West boasts a bunch of contemporary updates, all executed with intent to retain the classic character and charm of the home.
A total of four bedrooms and three bathrooms are on offer here, making a wonderful opportunity for a growing family just staring out on their own, or for the residential investor with a keen eye for value. There’s new LED lighting throughout the home, new flooring throughout the main level, and a fresh coat of paint in each and every room. A stylish white kitchen with grey tile backsplash and granite countertops is the focal point of an open main floor, which also boasts touches such as the French doors between the living room and dining area, and exposed brick in the powder room.

Call Mike Bolger from Chestnut Park West Waterloo, at 519-616-2656.


https://www.mikebolger.ca/listing/77/55-ellen-street-w.html

#newlisting


News Story Tuesday, July 27, 2021

New Listing: 378 GATESTONE Boulevard. Waterloo, ON. N2T 2J6 - $949,900 - 3 Beds + 4 Baths.

An impressive presence on one of Laurelwood’s premier streets! 378 Gatestone Boulevard commands 72 feet of frontage in classic Cape Cod style with a raft of beautiful upgrades and updates both inside and out. Towering cathedral ceilings on the main floor compliment the open concept design of this three-bedroom home, of which the main floor principal suite is the unquestionable show-stopper. The requisite walk-in closet and ensuite bath are accompanied here by a private walkout deck with hot tub, which itself overlooks the large saltwater pool.
A tastefully-updated kitchen with granite countertops, wine fridge, tile backsplash, beautiful custom cabinetry, pendant lighting and stainless appliances lies adjacent to the great room with its views up to the second story. Two additional nicely sized bedrooms share a large four-piece main bathroom on this level. The finished lower level is meanwhile host to an expansive rec room, bonus bathroom (with rough-in for another shower), and ample storage space. Highlights keep on coming outside, with the rear urban oasis benefiting from the aforementioned pool, Trex deck and covered patio.
A deep double interlock driveway offers ample space for up to four vehicles in addition to the attached double garage, while the location itself is within easy walking range of the rated Laurelwood Public School, minutes from shopping, and handy to the peace and quiet of Laurel Creek Conservation Area. For a home that truly has everything to offer the aspiring empty-nester, just imagine being able to host the grandkids at your own pool! Call or click today for more information on this spectacular property.
Call Mike Bolger from Chestnut Park West Waterloo, at 519-616-2656.

https://www.mikebolger.ca/listing/76/378-gatestone-boulevard.html

#newlisting


Here's an interesting opinion article on the CMHC by Sabrina Maddeaux from the Financial Post.

Here's an interesting opinion article on the CMHC by Sabrina Maddeaux from the Financial Post.
The opinion of this article is to disband the CMHC.

The CMHC this month admitted failure and did some backtracking. They made a move to reverse steps previously taken to tighten the consumer qualifications necessary for home buyers to obtain mortgage insurance.

Sabrina Maddeaux said "We have a housing system where gains are privatized, but risks are socialized; where “have nots” find themselves guaranteeing the mortgages of the “haves.” If there was ever any doubt, the last year made it abundantly clear the CMHC’s market meddling isn’t only excessive, but actively harmful."

What do you think about this? Let me know.

Looking to buy, sell or invest in real estate?
Contact Mike Bolger at (519) 616-2656.

https://bit.ly/3iP7UL5

#cmhc


News Story Friday, July 23, 2021

June real estate stats are hot! However, inventory continues to be a problem, as demand for housing from buyers still outpaces supply.

June real estate stats are hot!
However, inventory continues to be a problem, as demand for housing from buyers still outpaces available supply.
Demand for housing in our region has never been higher, and there simply isn’t enough turnover in established neighbourhoods nor adequate volume in new housing starts to keep up.

In Kitchener-Waterloo, the average sale price of all residential properties stands at $759,115 – up by more than 2.5% since May, and an increase of 26.4% over last year’s average. The bulk of this momentum is made up by particularly strong numbers in the traditional single-detached segment, with an average sale price of nearly $920,000 – an increase of 5.9% since last month alone and a whopping 31.9% since the same time last year.

Thinking of taking advantage of this seller's market?
Contact Mike Bolger at (519) 616-2656.
I have buyers from the GTA looking for homes.

#realestatenews


News Story Wednesday, July 21, 2021

Special shout out to Elisabeth for her Google review. I always appreciate feedback from my clients! 🙏

👇👇👇

"The pressure was on, had a new job in Waterloo and needed to relocate from Toronto and merging two households. All of this with a very short timeline in a crazy unpredictable market during a global pandemic. We needed a superhero real estate agent that could pull this off. We are very grateful for the professionalism, dedication and efficiency of Mike Bolger. We love our new home!"

If you are looking for an amazing realtor to work with within the KW Area, contact Mike Bolger at (519) 616-2656.

#reviews


News Story Monday, July 19, 2021

I just published my Kitchener-Waterloo Real Estate Market Report for July 2021.

I just published my Kitchener-Waterloo Real Estate Market Report for July 2021.
This blog has the latest K-W real estate market stats.

Buying a money pit is every home buyer’s worst nightmare so this month, there are a few tips on what to look for so you can avoid repairs that could end up costing you a fortune.

There’s also a fun and unique way to get outside and explore the K-W area as well as a few ideas on how to create a dog-friendly backyard that your pooch will love!

Thanks for checking out this month's blog. Please reach out if you ever have any questions about real estate, even if it’s just to find out what the house down the street sold for – it’d be great to hear from you!

(519) 616-2656

https://www.mikebolger.ca/article/139/kitchener-waterloo-real-estate-market-june-2021.html

#news





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