Crewson Ridge Estates starting at $725,800

Crewson Ridge is ideally situated for the retiree or the young family looking to move away from the city and still wants to remain close enough for the convenience it offers.

Crewson Ridge borders Erin Township and Halton Hills.  Located just off Hwy 7. you can be in Guelph, Milton or Brampton within 20 minutes.  From Crewson Ridge you have access to Hwy 25, Trafalgar Road or Guelph Line within minutes and Hwy 401 in 15 minutes.   Opportunity abounds in this area.  You are minutes away from the Niagara Escarpment and multiple conservation areas where you can enjoy nature to its fullest.

Crewson Ridge is an estate subdivision with only 17 lots (Crewson Sitemap), the smallest lot being 1.6 acres. You can be assured you’ll enjoy all the privacy you can handle from the private and tranquil settings.  Where can one live on a lot this size with homes ranging from 2,500+ sq.ft. to 3,100sq.ft. for less than a million dollars?  Answer:  Crewson Ridge.

Crewson Ridge Model List

Model Name Lot Size SQ Ft. Price View Model
The Crewson Home 1 Acre + 3,600 $995,000* View Model
Inglewood 1 Acre + 2,565 $725,800* View Model
Alton 1 Acre + 2,630 $730,800* View Model
Belwood 1 Acre + 2,785 $745,800* View Model
Belfountain 1 Acre + 2,685 $757,800* View Model
Milton 1 Acre + 3,038 $784,800* View Model

About the Builder:

Thomasfield Homes Ltd. (from Thomasfield website)

A proud history of building great homes

Established in 1978 and headquartered in Guelph, Ontario, Thomasfield Homes has established a solid reputation for providing practical luxury at surprisingly economical value. Our innovative home designs, adaptability, and above all, our commitment to quality are trademarks contributing to Thomasfield’s growing success in the homebuilding industry. With over thirty years of experience and 6,500 homes in communities including Guelph, Kitchener, Waterloo, Cambridge, Breslau, Burlington, Woodstock, Acton and Burgessville, Thomasfield has grown on its ability to build quality new homes for many families.

Each Thomasfield home exhibits a sophisticated blend of traditional elegance and contemporary flare. Our talented design team at Thomasfield is committed to conceptualizing fresh ideas to create a broad selection of dynamic, individualized homes. Regardless of size or price, all Thomasfield homes feature innovations that enhance the feeling of light and space, helping turn a house into a home. Even the most discerning of purchasers are sure to find a plan to suit their needs.

Thomasfield Homes is proud to have been accredited an “excellent rating” by the Tarion Warranty Corporation every year as a result of their dedication to building innovation and superior after sales service. Consistently providing quality materials, attention to detail and advanced construction methods has earned Thomasfield Homes an enviable reputation of reliability amongst industry leaders and homeowners alike.

What is Tarion Warranty Corporation?  Legislation passed it in 1976.  It explains the mandatory responsibilities of those who build and sell new homes in Ontario, and outlines the warranty coverage that builders and vendors are required to provide to new home and condominium buyers.

Tarion Warranty Corporation protects the buyer of a newly built home for the following:

Deposit Protection:  In the event the builder does not complete your home because they have gone bankrupt.  Your builder essentially breaks the purchase agreement or, you are otherwise legally entitled to rescind the agreement before closing.

Defects in Work and Materials:  Tarion does not protect any payments you make to reserve or hold a home or a condominium unit before you sign a purchase agreement. Tarion recommends you do not pay a builder a large sum of money to “hold” a home for you. However, if you do make a payment, ask that the money be held in trust and ensure you get a receipt.

New home owners benefit from One Year Warranty Protection and Two Year Warranty Protection against defects in work and materials, and Seven Year Warranty Protection against major structural defects (MSD).

Warranty coverage begins on the date of possession of a home or condominium unit, and remains in effect until the end of the warranty period, even if the home is sold before the warranty expires.

For condominiums, warranty coverage also includes the shared areas of the building, referred to as the common elements.

Coverage for common elements begins on the day the condominium corporation is registered. However, there is no warranty coverage for common elements condominiums* or the common elements of vacant land condominiums**.

After taking possession of their new home, homeowners should note the specific anniversary dates of the first, second and seven year warranties. For example, if the possession date of a home is August 5, 2003 the first year warranty would expire at midnight on August 4, 2004; the second year warranty would expire at midnight on August 4, 2005; and the seven year warranty would expire at midnight on August 4, 2010. Tarion cannot respond to complaints unless there is written proof that the problem was reported to us within the applicable warranty period.

Unauthorized Substitutions:  If the Agreement of Purchase and Sale or construction contract (“purchase agreement”) included the right to select certain items of construction or finishing, such as colours and styles, these usually cannot be substituted without the purchaser’s written consent.

In addition, if the purchase agreement states that the new home will include a particular item (such as a certain model of appliance, or a particular brand of window), but does not give the purchaser the right to make a selection, these items can only be substituted with items of equal or greater quality.

If the builder substitutes a selected item without the purchaser’s consent, the purchaser can demand that the items be changed to what was originally selected or that the builder make a cash settlement. Examples include:

  • Interior and exterior paint colours (not shadings)
  • Design and colour of cabinets and counter tops
  • Colour and type of kitchen and bath fixtures
  • Floor finishes
  • Style of interior trim

The process for reporting warranty items differs depending on your date of possession:

Delayed Closings and Delayed Occupancies:  Under the delayed closing and delayed occupancy warranty, your builder guarantees that your home will be ready for you to move in either by a date specified in the purchase agreement or by a date that has been properly extended if circumstances occur that delay the home’s completion. In many cases, your builder will be required to compensate you if a delay occurs.

For further information on Tarion Home Warranty and the amount up to which it insures you for, please go to www.tarion.com.  The above information was obtained from Tarion Warranty Corporation’s website.

306 – 234 Willow Road Condominium – Great Starter or Investment

 

This one bedroom condominium is ideally located for anyone working in the north end of the city or, requires easy access to highways.  It is also perfect for the investment buyer - with shopping centres, banks, gas stations and public transit are all at your door step.

Other features include:

Covered parking

Security entrance

Asking price:  $124,900

Living Space:  675 sqft

# Bedrooms:  1

# Bathroom:  1 (4pc)

Gorgeous Townhome in Guelph’s East End – 20 Shackleton Drive Unit 12

Beautiful  2-storey townhome located in Guelph’s up and coming east end neighbourhood.  Step through the front door of this tastefully decorated home.  Once inside entertain your friends or keep an eye on your growing family from your large eat in kitchen that opens up into your bright living room with walkout to deck.  Top to bottom this house is move in ready.

  • Asking Price: $268,400
  • Year built: 2008
  • Living area: 1,650 sq.ft
  • 3 bedrooms
  • 2.5 baths (1 ensuite)
  • 2nd floor laundry
  • Walk-in closet in master bedroom
  • Condominium

Click on ”Listings” and go to “Featured Listings” for a virtual tour and more photos of this lovely home.

Call to book an appointment to view.

SOLD IN JUST 1 WEEK!

Crewson Ridge – Milton Model Details $784,800

 

Model Name: Milton
Price: $784,800*
Sq Footage: 3,038 Sq. Ft.
Lot Size: 1 Acre +
Bedrooms: 3
Bathrooms: 2.5
Garage: Double Car
Exterior: Stone and Brick Combination
Notes: The price includes the lowest priced available lot, which starts at $194,900

Click here to view floor plan – first floor

Click here to view floor plan – second floor

 

Crewson Ridge – Belfountain Model Details $757,800

 

Model Name: Belfountain
Price: $757,800*
Sq Footage: 2,685 Sq. Ft.
Lot Size: 1 Acre +
Bedrooms: 3 + Den
Bathrooms: 2.5
Garage: Three Car Garage
Exterior: Stone and Brick Combination
Notes: The price includes the lowest priced available lot, which starts at
$194,900.

Click here to view floor plan

Crewson Ridge – Belwood Model Details $745,800

 

Model Name: Belwood
Price: $745,800*
Sq Footage: 2,785 Sq. Ft.
Lot Size: 1 Acre +
Bedrooms: 3
Bathrooms: 2.5
Garage: Three Car Garage
Exterior: Stone and Brick Combination
Notes: The price includes the lowest priced available lot, which starts at $194,900

Click here to view floor plan – first floor

Click here to view floor plan – second floor

Crewson Ridge – Alton Model Details $730,800

Model Name: Alton
Price: $730,800*
Sq Footage: 2,630 Sq. Ft.
Lot Size: 1 Acre +
Bedrooms: 3
Bathrooms: 2.5
Garage: Three Car Garage
Exterior: Stone and Brick Combination
Notes: The price includes the lowest priced available lot, which starts at $194,900

Click here to view floor plan – first floor

Click here to view floor plan – second floor

 

Crewson Ridge – Inglewood Model Details $725,800

Model Name: Inglewood
Price: $725,800*
Sq Footage: 2,565 Sq. Ft.
Lot Size: 1 Acre +
Bedrooms: 3 + Den
Bathrooms: 2.5
Garage: Double Car
Exterior: Stone and Brick Combination
Notes: The price includes the lowest priced available lot, which starts at $194,900.

Things You Need to Know, Whether You’re Buying Your First or Tenth Investment Property

Zoning By-Laws / Building and Fire Code

Under the new zoning by-law, a new two-unit house with six or more bedrooms must be at least 100 metres from any other two-unit house, lodging house, group home or emergency shelter in wards 5 and 6 in Guelph.

In addition, a new lodging house must be at least 100 metres from any other lodging house, two-unit house with six or more bedrooms, group home or emergency shelter.

Council also approved a reduction in the maximum number of units that can be rented in a lodging house from twelve units to eight units.

Accessory apartments also referred to as “granny flats”, “basement apartments”, or “in-law suites are defined as a “dwelling unit” located within an existing  single detached  or conforming semi-detached dwelling.  This unit cannot contain more than two bedrooms.

Insurance

Consult with your insurance broker or direct writer before buying an investment property as some insurance companies have restrictions as to the types of properties they will insure.  Some insurance companies will not insure a rental if it is going to be rented to students.

It is strongly recommended that your renters provide you proof of tenants insurance before handing the keys over to them to occupy the residence.  Most insurance companies will not insure an investment property without proof your renters have insurance.

Minimum liability limits are $1,000,000 however, it is strongly recommended owners and renters have $2,000,000 liability.  This is something one may want to discuss with their insurance broker / agent.

If you are planning on renting a single detached or semi-detached home to students, most insurance companies will only insure up to 4 students under your personal lines insurance.  If you are planning on renting to more than 4 students you may be required to insure the property through the commercially.

Buying an Investment Property

Some investors look to buy and flip.  In this case these investors generally look to purchase  homes below market value “fixer uppers”.  These buyers tend to look for homes that require some moderate to extensive renovations and before or upon completion have the home re-listed and sold with the idea of turning a quick profit.

Other property investors look to purchase homes for the purpose of a long-term investment.  These buyers will generally look to rent the property and have their tenants pay down their mortgage for them over time.  Often times once an investor has bought one rental they go on to purchase multiple rentals using the equity from the properties they own as collateral to buy more homes.

Guelph is a thriving city located in South Central Ontario what is known as Canada’s Technology Triangle. (Guelph, Cambridge, Kitchener-Waterloo)   With a population of more than a half million people located within 20kms of one another, 3 universities, 2 college campuses, global technology, agricultural and manufacturing companies, it’s close proximity to Toronto and 2 U.S. borders.  Not to mention 3 international airports with the furthest one being a 40 minute drive from Guelph.  It’s no wonder why the real estate market in this area has and continues to be a one of the best places in Canada to invest in real estate.

While other real estate markets across Canada and Ontario saw their real estate values decline dramatically by the recent recession, that we’re now coming out of.  Guelph’s real estate market continued to stay strong.

There are more than 60,000 full-time students that attend university or college in the Technology Triangle.  Not to mention the many families that have been transferred from all parts of the globe to work under contract for a year or more with the many prominent global companies here in this region.  They all require a place to live during their tenure in this thriving region.