Bought a Bigger Place - Canadaland

with all these home buy threads i figure i’d join in.

my wife has more pics buried in a camera somewhere but here is the outside in its current state:

https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xpa1/t31.0-8/1540262_10155001077955515_5350391787571833075_o.jpg

80’ x 150’ lot and only a block and a half away from our current place so the kids stay in the same school.

one of the positive / negatives about the property is that there is a road allowance adjacent to it for a road that was never built. It essentially extends the property another 33’ but we are going to have to work with the city to get a right of way allowance so that we can do fences, paving etc. etc.

it’s a 5 bedroom joint with a double attached garage. the structure is great but we are gutting the kitchen and all the bathrooms before moving in. spent the day yesterday being bored while the wife and mother in law picked all the finishes. The mother in law is moving in with us in a basement suite.

Nice looking place!

Welcome to my world, plus sister in law, plus father in law :slight_smile:

Wow. You sure filled up that space pretty fast. Looks like it’s going to be a hotel now.

it’s like we’re freshly immigrated middle eastern folk with multi-generational homes :slight_smile:

it’s also a very european thing to do as well.

I’m cool with it. if you have kids you can use all the extra help you can get really.

Any syrup bearing trees on property? :slight_smile:

Congrats

I think I saw this on love it or list it. :stuck_out_tongue:

I’m guessing $750,000 since all the real estate I’ve seen in Ontario has a high price tag.

Congrats man. Look forward to more updates and pics :tup:

How did I not ask him this question, lol

Many awesomes

no we got it without it ever being listed comfortably under $600k. the home 2 doors down we looked at last year listed at $699k but the research we did showed it sold for down near $600k anyhow.

mostly had to do with there only being a dozen or fewer lots in the school catchment for our kids that were going to work for us, this being one of them. it’s also on a very quiet court lot with big mature trees and established neighbours. probably the best street / neighbourhood in the whole of the east hamilton mountain which was a big trigger for us.

:tup: Canadian real estate prices are out of this world to me but I’ve only lived in Buffalo. What is the property tax situation like? Does Canada tax property similarly to goods? Meaning in the US we have a State, county, (town/village if applicable) and school. How does Canada/Ontario levy property tax?

I like the style of it and look forward to seeing the kitchen/bathrooms.

i had to pay $8k in land transfer tax on closing and around $6k per year in property tax but each municipality is different.

Those taxes are fairly cheap based on the value you listed. Erie and especially Niagara county are astronomical compared to the majority of the US.

Considering property taxes in western NY are typically what 3%? $6K is dirt cheap, you’d probably be looking at close to $20k in lots of WNY areas.

this makes me feel a bit better.

http://medimoon.com/wp-content/uploads/2012/07/suicidetitle.jpg

Nice, and nice^^^

Congrats, garage details?

X…

For now just an attached double. Once we clear things up withthe right of way on the road allowance I will max the property out with garage.