Real Estate

Empire Communities retains CondoShow to promote its Oakville Rain Condominium

N5R is pleased to be one of the exclusive agents pre-selling Empire Communities Rain condominiums. Rain is this summers new and exciting condominium project located at 521 Kerr Street on the shores of Lake Ontario in Canada's heartland, the wonderful Town of Oakville.

With pricing starting from low $200k and suits ranging from 346 Sq.Ft over 1000Sq.Ft, everything you need to live, work and play can be found just steps away from centrally located Rain. Situated in the heart of Oakville on the northeast corner of Kerr Street and Speers Road, the landmark building will act as a northern gateway to the vibrant and revitalized Kerr Village, which is undergoing many new initiatives. Youll also be within easy walking distance to Oakvilles sophisticated downtown core and the quaint waterfront Village Bronte; Canadas Gold Coast, an exclusive residential area known as Millionaires Row, is just a five-minute drive away.

A striking glass and white metal Facade with a fresh, urban design, Rain consists of two towers- 19 and 21 storeys - that are connected by a five storey podium. Suites range from functional studios to luxurious two-bedroom plus den layouts, and all contain expansive glass balconies or terraces and high quality features and finishes.

Weather you seek some down time, wish to energize yourself, entertain guests, Rain has many outstanding social and recreational amenities at your disposal. Classic materials, exotic textures and luscious colours are just some of the features of Rain's well-proportioned suites. Graziani & Corazza Architects and Bryon Patton and Associates designed the suites for maximum livability, as evident by the open-concept living and dining spaces, ample-sized bedrooms, closet space, storage and bathrooms. These luxurious elements are further enhanced by expansive glass windows and balconies- 10-feet-deep terraces in some cases that offer breathtaking vistas from every floor and also fill each suite with an abundance sunlight.

Spend $125,000 and live like a millionaire at Muskoka Wharf Residences

National Post Jul. 16, 2011 | Last Updated: Jul. 16, 2011 3:04 AM ET

Tired of all that cottage upkeep? A swish waterfront condo in the heart of cottage country might be for you. The two-year-old Residences at Muskoka Wharf is offering full ownership condo-hotel units starting at $125,000. This is not a time share or a fractional condominium, the developer says, but a full ownership condo-hotel, 90 minutes from Toronto. Choose from furnished studios, one-bedroom, or two-bedroom units, pictured, with access to amenities. Suites are maintained by the hotel operator. Each one comes with a private balcony and a gas fireplace. Owners have the option of using their units for 35 days of the year in any season, no more then 14 days a season. The days are not stacked and are changeable at any time. When not in use, owners can put their homes into a profitable rental program.

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TO LEARN MORE ABOUT HOW YOU CAN OWN A MILLION DOLLAR MUSKOKA EXPERIENCE: CLICK HERE



Ontario Real Estate: A Secret Tax Shelter

ByJason Heath

TFSAs have been a welcome addition to the tax shelter landscape in Canada, but they leave something to be desired for those with substantial assets and maxed out RRSP and TFSA room.

Ontarios Real estate investment is often overlooked in the quest for tax reduction and deferral, let alone income generation and inflation protection. If real estate is all of these things, why doesnt everyone own a rental property? The answer is simple money.

Its not that investors dont have the money to get into the rental property market, because this can be easily accomplished with leverage and minimal monthly carrying costs. The problem is there is simply no money to be made by financial professionals when it comes to rental real estate. The result is that rental real estate is a secret tax shelter that few people ever consider.

What the game of Monopoly tells us, contrary to its inventors intentions, is that its smart to own property.

First, a lesson in rental real estate taxation. Rental income is taxable and rental expenses, including mortgage or line of credit interest, are tax-deductible. In many cases, if a property is financed, it will run at a loss for tax purposes creating a tax deduction against all other sources of income and therefore, a tax refund. In the meantime, real estate values grow tax-deferred until an eventual sale. Even if a property runs at positive cash flow for tax purposes, depreciation can be claimed to wipe out some or all of the taxable income inclusion.

Rental real estate has been described by some as the equivalent of a super-charged RRSP. What is a traditional RRSP? Its a tax-deferred savings vehicle; contributions are tax-deductible; it provides a future income stream; and its an investment asset. Rental real estate incorporates all of these features, plus theres no pre-determined maximum tax deduction limit like with RRSPs; withdrawals arent forced at age 71 like with RRIFs; contributions can be financed and the interest can be deducted, unlike RRSP loans; and the taxes paid on selling a rental property are at the 50% capital gains tax rate, unlike RRSP withdrawals which are fully taxable.

The Harvard and Yale endowment funds have more than 50% of their assets invested in non-traditional asset classes, like real estate. The Ontario Teachers Pension Plan, the largest single-profession pension plan in Canada, has 18% of their pension assets invested in real estate. Maybe Harvard, Yale and the OTTP know something the mainstream investment community doesnt know.

So lets do what they do and go have a drink and enjoy some prize Ontario real estate!

To learn how YOU can own a cottage in Prince Edward County register now.

Luxury Eco-Structure Developer Introduces Costa Rica to Canadians

"More than just great coffee and white sandy beaches, Costa Rica is attracting a new type of investor, but theyll have to go by way of The Four Seasons first".

TORONTO (April 18th 2011) Together with multinational real estate communications agency N5R, luxury developers Hacienda Matapalo (Costa Rica) are celebrating their Canadian launch at the Four Seasons Hotel in downtown Toronto on May 15th.

The launch event takes place at The Four Seasons Hotel in downtown Toronto on Sunday May the 15th, from 1pm to 3pm, and will include a diverse panel of industry leaders discussing industry news, design, and overseas investment trends. Those interested are invited to RSVP with N5R atroman@n5r.comor (647) 403-1832.

The developers have enjoyed proven success in American markets with attracting eco-conscious investors who are seeking a departure from over-stylized landscapes and are in search of a community that reflects its natural surroundings. Detached villas are situated on a private 125 acre nature reserve with both coastal frontage and a protected mountainous area that reaches an altitude of nearly 2,000 feet above sea level.

Whats different about this development, said CEO David Matluck, is that Costa Rica is a region widely reputed as being highly protective of its vast natural resources, and were not interfering with that. Theres a reason why 25,000 Canadians already call Costa Rica home.

About Hacienda Matapalo

The Gated Community of Hacienda Matapalo includes a Beach Club, Equestrian Center, and Resort Clubhouse and is strategically positioned near identified sites of development which means residents will enjoy the convenience of sophisticated infrastructure and an international hospital without the frustration of being in a bustling urban centre. For more information, please visit www.haciendamatapalo.ca

Housing bubble burst could end in 2011

Homeowners and real estate investors can finally be optimistic as changes are occurring in the housing market. The S&P/Case-Shiller home-price index that declined for the fifth time to 1% in December makes buyers or investors positive to purchasing or investing in real estate. People can buy homes in the current real estate situation, as the payment for a house is equal to 19 months income for an average family. Michael Larson states, Pricing is down so much in some markets that when you analyze renting versus owning it makes much more sense to own. The fact that housing prices are equivalent to a 2 years income instead of 4 years and cost cut down by 5% makes real estate affordable and attractive. At this point, one will be better off buying a home, rather than renting but its all about the timing. Investors buying houses and paying in cash indicates the market is nearing a bottom. One doesnt necessarily need to buy a house to gain from the real-estate rebound. Financial investments like stocks, mutual funds are great options to benefit from the rebound.

Source: The Wall Street Journal

Tridel Night Event- Grand Opening of The Presentation Centre

Thanks to everyone who came out for the grand opening of One Old Mills presentation center, it was a great night!

Vivo Resorts Event

Carry Mullen hosted an event at our Bloor West office for Vivo Resorts amazing properties in Puerto Vallarta Mexico. What a great night!

CREA releases REALTOR.ca mobile app for iPhone

Ottawa, ON December 21, 2010 The Canadian Real Estate Association (CREA) today released its REALTOR.ca app for the Apple iPhone. REALTOR.ca is the most visited real estate website in Canada, listing on average some 350,000 properties at any time.

This free application brings Apple iPhone users the features and functionality of the REALTOR.ca website, as well as some interesting device-specific features said CREA president Georges Pahud. Consumers today expect portable information and REALTORS across Canada are happy to be providing this service.

The free REALTOR.ca app is provided at no cost to consumers by Canadas 100,000 REALTORS and more than 100 real estate Boards and Associations.

The app provides users with the features and functionality of REALTOR.ca and takes advantage of Apple iPhone device features, such as:

  • Using the handhelds GPS technology:
    • Properties Near Me get up-to-date property information, photos and driving directions;
    • New Listings Near Me recent listings in the area youre visiting;
    • Open Houses Near Me find open houses near your present location;
    • My Agent Contact either your agent(s), or the listing agent for more information about a specific property;
    • Property Search Search for houses and properties across Canada, and connect with REALTORS to view, buy or sell a property;
    • Personalized settings allowing the user to set default language, unit of measure, how properties are displayed, and search radius for Near Me searches;
    • Interactive BING mapping is embedded to allow focus on specific neighbourhoods;
    • Scheduled Open Houses can be added to the devices calendar.

When considering one of lifes biggest financial transactions, easily accessible, detailed information about homes and neighbourhoods, as well as access to REALTORS, helps people make well-informed decisions stated Pahud.

With the addition of the Apple iPhone app, REALTOR.ca is now available for two of the most popular handheld device operating systems, as the Windows Phone 7 version was released in November. A BlackBerry app will be released in February 2011.

via CreaNews

Things to do in Puerto Vallarta

There are always things to do in Puerto Vallarta. Once you get to know the town you'll notice that Puerto Vallarta is one of the most re-visited destinations in the world. This has to do with a combination of things: superb weather, friendly locals, high class resorts and hotels, picturesque locations in and around town and family-orientation. Puerto Vallarta is a place that offers everyone a unique ideal vacation that includes a blend of relaxation and exhilaration

Puerto Vallarta offers without doubt a number of attractions from tours and cultural landmarks, to the beautiful beaches throughout Banderas Bay.

Shoppers will find that everything that is made in Mexico is available: silver jewellery, tequila, talavera, blown glass pottery, sandals, masks and other tasks.

Over 250 restaurants serve a wide range of international cuisine from Mexican of course to Italian and French. Restaurants are in settings ranging from funky beach palapas to elegant candlelit castles.

Whether its a spirited game of tennis or a challenging bike ride along a mountain train, youll find all the favoured ways to re-energize.

No matter your particular preferences or indulgences, theres part of Puerto Vallarta thats just right for you.

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Puerto Vallarta in Mexico...paradise found

Puerto Vallarta is one of those rare tourist destinations that truly deserve its popularity. It does a little of everything and does it all very well. If you want all-inclusive luxury, head north to Nuevo Vallarta and the secluded resorts of Punta Mita. If you want small-town Mexican charm, stick to the cobblestone streets and quaint shops of Old Vallarta.

For outdoor adventure, surf the break at Sayulita or zip line through the jungle on a canopy tour.

Puerto Vallarta, much more than its prefab cousins like Cancun or Ixtapa, exudes authenticity. Theres real art here and good food. Puerto Vallartas nightlife is legendary, and its shopping particularly for fine art and crafts is the best of any of Mexicos beach towns.

With the wide variety of fish in Banderas Bay, Puerto Vallarta is a leading destination for sport fishing. But this beautiful bay offers much more: sailing, diving, snorkelling and whale watching are all major water attractions in Puerto Vallarta.

But be careful, visitors have been known to come here and never want to leave.

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