Category Archives: Mash Team Videos

Premium Family Neighborhood

433 Safari Dr. Oshawa

$575,000

Open House Saturday October 21 and Sunday October 22, 2017 2-4 pm

Warm and Inviting is the best way to describe this 3 Bedroom, 3 Bath home. Open Concept Kitchen with Corian Coutertops, Over Looking Family Room with a Warm and Cozy Fireplace and Cathedral Ceilings. Inviting Living and Dining Room Large enough for all the Family. Main Floor Master Bedroom with Ensuite and W/I closet.  Huge Rec Room, 3 pc bath and bedroom/office complete the finished basement. Exceptionally well kept Family Home. To see it is to want it.

Virtual tour: 433 Safari Drive

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What does being rich mean? How to define it

You probably know wealth when you see it around you – but do you know whether you are rich?

With real estate values soaring across the country, many Canadians feel a level of financial confidence today they’ve never known before. But have they reached a point of financial security? Do they have enough money for their future, and if not, how will they know when they do?

Statistics Canada employs numerous metrics for the other end of the spectrum, without ever using the term “poor.” For instance, the income cutoff for a single person living in a large city was $24,328 in 2014. For a family of four the amount was $45,206.

But there is no magic threshold, no national statistic, that defines you as rich. Wealth is a malleable term that might mean a well-stocked beer fridge, living mortgage-free or having enough money invested for a long retirement.

When it comes to amassing wealth, the United States sets the gold standard. But Americans themselves can’t definitively articulate what being rich means.

Twenty-seven per cent define it as having a lot of money; while 24 per cent say wealth means enjoying life’s experiences, and 22 per cent say it means being able to buy anything they want. That is the breakdown according to a representative sample of 1,000 U.S. adults surveyed in April by Koski Research for Charles Schwab Corp.

When asked to express how much is required to be considered “wealthy,” this “average” group of Americans came up with the amount of $2.4-million (U.S.), or nearly 30 times the actual median net worth of U.S. households.

Ask rich people a question like that, however, and you get a completely different answer.

Many people who have the drive to make significant sums of money don’t have the ability to dial down that ambition once they are wealthy. For them, the thrill is in the pursuit and money is the scorecard.

When the investment firm UBS AG polled 2,215 U.S. millionaires in 2015, nearly two-thirds of those with a net worth of less than $5-million and dependent children expressed concern that they are only one wrong step away from a major setback – be it a large investment failure or job loss. For individuals with $5-million or more, one-third said they felt they couldn’t withstand a setback.

Clearly, money doesn’t make it easy to sleep at night; it can be difficult to relax once you get to the top.

“With memories of the financial crisis still lingering, most millionaires don’t have enough wealth to feel secure,” concluded the UBS report, entitled When is Enough … Enough? “As a result, many feel stuck on a treadmill, without a real sense of how much wealth would make them satisfied enough to get off.”

In Canada, the average household net worth rose 4.3 per cent to $680,098 in 2015, according to Environics Analytics. Vancouver households crossed a symbolic threshold, becoming the country’s first “city of millionaires,” with an average net worth of $1,036,202, up 7.3 per cent from the prior year.

These gains were powered largely by rising real estate prices; Canadians’ principal residences comprise about one-third of their assets, according to Statistics Canada. What homeowners generally fail to accept, however, is that the money in their principal residence is permanently locked in. Very few Canadians end up selling their homes in retirement and enjoying the proceeds until their last cheque bounces the day they die peacefully in their beds.

Instead of looking at home valuations, a better measurement of wealth is whether your earned income – that is personal income from investments rather than employment – exceeds your expenses. Another sign of real wealth is the ability to forgo life insurance, because your estate would have enough assets to support your family at its current lifestyle.

Probably the least helpful way to assess your wealth is by comparing your spending with others, a process that will surely leave you feeling short.

Consider the millionaire family that flies to Whistler, B.C., annually for a ski vacation during the March break. By most standards, they look rich. But those parents may well be looking at a select group of their friends who are redefining the holiday experience by opting for snow and surf during the two-week break scheduled by most private schools: the first week in Whistler, the second in the Caribbean.

Instead of chasing a mirage, the best approach may be to embrace a broader definition of wealth. If you knew you only had five years to live, how much financial hardship would your family incur? How drastic a set of steps would you need to take to get your financial affairs in a state acceptable to you? What financial legacy would you be leaving and how close to your goals would it be? And most importantly, what course would you set to optimize those final years? Answers to these questions could provide the best snapshot of your true personal wealth today.

 

https://beta.theglobeandmail.com/globe-investor/what-does-being-rich-mean-how-to-define-it/article36380777/?ref=http://www.theglobeandmail.com&

 

20 Barnard Crt. Ajax

Open House October 8, 2017 2-4 pm

$525,000

Quiet Family Court

You’ve got to see this one in person! Full of designer touches. The good life is certain in this 3 bedroom, 2.5 bath home with finished basement, hardwood floors on top level, and walk-out from kitchen to covered patio overlooking huge back yard. Enjoy carefree living with low maintenance exterior, updated windows, furnace, newer shingles and electrical panel. Enjoy the convenience of an large eat-in kitchen that has been recently updated with top of the line appliances, quartz counter-top, under the counter lighting and over sized center island with B/I dishwasher, cupboards and seating for 5. All this for only $525,000 .

 

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1422 Outlet Dr. Oshawa

Refreshed and Rejuvenated…

Great Home For First Time Buyers. Raised Bungalow With Interlock Driveway And Walkway. Home Features Newer Flooring & Paint Thru-Out, Newer Furnace. Large Windows In Basement, Updated Electrical Breaker Panel, Newer Modern Kitchen And 2 Baths, Walk-Out To Deck From Master Bedroom Plus Wall-To-Wall Closet. 2+2 Bedrooms. Large Recreation Room In Lower Level. Combined Laundry And Utility Room With Huge Windows. This could be yours for $389,900.

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152 Olive Ave. Oshawa

Only $199,900

Exceptionally Good Value!

2 Bedroom, 8 Year Old Freehold Townhouse That Is Cheap Living Or Makes A Great Investment Opportunity. Home Features Eat-In Kitchen, A Bright View Of The Morning Sun From Living Room, Full Unspoiled Basement And A Good Sized Backyard. Great In-Town Location. Close To 401, Public Transit, Downtown University Campus & Park!
Built In 2009.  Same Tenant Since 2009 Pays $900/Mth.

1047 Ridge Valley Dr. Oshawa

Open House Sunday September 10, 2 pm-4 pm

Live your dream in this 4 +2 bedroom, 3 bath home. Home Features: Double-car garage, eat-in kitchen and main floor family room with walk-out to large deck that is convenient for entertaining. Dramatic fireplace in family room, large master with 2 Walk-in Closets and en-suite bath. Home has quality updates including windows, driveway, flooring, kitchen and baths. Located on a quiet street with good schools nearby. Reduced to $650,000.

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Open House Sunday Aug 20, 2 pm-4 pm

1047 Ridge Valley Dr. Oshawa

 $675,000

Open House Sunday August 20,  2 pm – 4 pm

Live your dream in this 4 +2 bedroom, 3 bath home. Home Features: Double-car garage, eat-in kitchen, finished basement, dramatic fireplace in main floor family room, and good schools nearby. Home has lots of updates: located on a quiet street, landscaping, finished basement, Large master with 2 Walk-in Closets and Ensuite bath. This Perfect home for entertaining with Large Dining Room Combined with Living Room. Filled with light and open spaces.  $675,000.

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Open House Sunday 2pm – 4pm

599 Regional Road 42,  Bowmanville

Open House: Sunday August 13, 2pm-4pm

You’ll love this 2+2 bedrooms, 2 bath layout with relaxing view of your own pond, natural landscaping with stream and walk-ways. Renovated kitchen with lots of cupboards, pot n pan drawers, and built-in microwave. Dining area features built-in cabinets, walk-out to deck with hot tub overlooking back yard.

Added bonus: New detached dwelling that is roughed-in for 900 sq ft nanny suite plus garage/work shop at the back.

Convenient location for commuting with being close to new 407 extension, 401 and Hwy 115.

Home is located just north of Algoma Apple Orchard. Hope to see you there.

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Open House Sunday 2pm-4pm

1047 Ridge Valley Dr. Oshawa

Just Reduced $675,000

Open House Sunday August 13,   2 pm – 4 pm

Live your dream in this 4 +2 bedroom, 3 bath home. Home Features: Double-car garage, eat-in kitchen, finished basement, dramatic fireplace in main floor family room, and good schools nearby. Home has lots of updates: located on a quiet street, landscaping, finished basement, Large master with 2 Walk-in Closets and Ensuite bath. This Perfect home for entertaining with Large Dining Room Combined with Living Room. Filled with light and open spaces. Just Reduced to $675,000.

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1047 Ridge Valley Dr. Oshawa

1047 Ridge Valley Dr. Oshawa

Just Reduced $675,000

Open House Sunday August 6,  2 pm – 4 pm

Live your dream in this 4 +2 bedroom, 3 bath home. Home Features: Double-car garage, eat-in kitchen, finished basement, dramatic fireplace in main floor family room, and good schools nearby. Home has lots of updates: located on a quiet street, landscaping, finished basement, Large master with 2 Walk-in Closets and Ensuite bath. This Perfect home for entertaining with Large Dining Room Combined with Living Room. Filled with light and open spaces. Just Reduced to $675,000.