Need advice please on buying town house near MccChinguacousy/ Steeles
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Location: Brampton, Ont, Canada
Posted on: 25-08-09 18:50:59
Need advice please on buying town house near MccChinguacousy/ Steeles or Steeles/ McLaughlin
How good is the area? not worry about schools since my child is very young. but yes, clinic, and parks are important for me
Is it safe to walk on the street with kids ?
Can I get townhouse around 250K ?
I don’t have big budget so I cant go buy big house at the moment.
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Location: Brampton, Ont, Canada
Posted on: 26-08-09 13:28:49
Guys I am new to Toronto
i need u'r help
n e Realtor can help me ?
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Quote:
Originally posted by Blue_Peafowl
Need advice please on buying town house near MccChinguacousy/ Steeles or Steeles/ McLaughlin
How good is the area? not worry about schools since my child is very young. but yes, clinic, and parks are important for me
Is it safe to walk on the street with kids ?
Can I get townhouse around 250K ?
I don’t have big budget so I cant go buy big house at the moment.
Hi Blue_Peafowl,
steeles/Mavis and Steeles/McLaughlin is on the border of Mississauga and Brampton. Steeles/Mavis (Chinguacousy) is newer area, esp. west of Mavis/Ching. than Steeles/Mclaughlin. The Community, overall, is safe. Mix of South Asians, West Indians, Whites, Africans, few Chinese as well...If you live in Steeles/Mclaughlin, you will never miss India....lots and lots of desi stuff. many houses in Steeles/Mclaughlin area has basement apartment also as the rentability in that area is great because of Sheridan College, easy accessibility, close to highway and high inflow of new immigrants.
East of Steeles/Ching. or Steeles/Mavis (South of Steeles, Ching. is Mavis) is newer area as I mentioned before. Prices of houses in that community are more than Steeles/McLagh. Going from east to West on Steeles, makes it little better community.
In both areas, around 60-65% people are married with children, about 50% population is in the age group of 20-45, employment rate is also high, most people are engaed in Business, Finance, Sales/marketing, Trades, Transportation and maufacturing fields. (These figures may not be accurate and exact, there may be variations.)
I have sold many properties in that area so I have done research.
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Can I get townhouse around 250K ?
________________
I would say, yes you can. You may have limited choice of the houses though. Infact there is one detached house and a Power of sale townhouse available below $260000 in that area.
Hope this helps.
Good luck!
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Sanjeev Manocha, MBA
Real Estate Sales Representative
Accredited Buyer Representative (ABR)
Re/Max West Realty Inc, Brokerage
96, Rexdale Blvd., Toronto
Mobile: 416-843-7600
Office: 416-745-2300
http://www.manocharealty.com" rel="nofollow">LINK
Hi Blue,
You got a great reply from Sanjeev about the neighborhood alongwith the stats. Hoping that you are familiar with the neighborhood, there are a couple of streets around mclaughlin/ ray lawson area where you can get a town house for that price.
Following are the streets where you can find town houses within your budget + /- 10k is the general rule of thumb I generally go by as you never know about the condition of the house....till you see it. And also depends on available inventory. The streets are as follows
Ray lawson/ Mclaughlin Area (west of Mclaughlin)
-Dutch crescent.
-Acadian Heights
-Millstone Dr.
-Woodsend Run (Higher priced but bigger units and mostly finished basements)
Ray lawson/Mclaughlin(east of Mclaughlin)
-Timberlane
-Meadowlark(there is currently one property listed asking around 269k)
-Malta Avenue/Cherry tree
North of Steeles (golden grocery area)
-Cutters Crescent
-Calmist (Here you can get detached for under 290k).
You did not mention how soon you wanted to buy so that is the reason i gave you street names so that you could look out for listings on these streets.
Also your budget is decent but then again as mentioned by Sanjeev your choices would be limited. And another good idea for first time home buyers which I promote among my clients is to go for a higher priced house say around 20-25k more with a finished basement apartment as the extras can be covered by the rental income from the basement. But that depends on individual needs as well. As going for a little budget increase opens a few more avenues for you in terms of available inventory.
Hope this information is helpful...if you have any questions, please don't hesitate to contact as I have been living in the neighborhood for almost 6 years now....apart from being a realtor..
Regards,
Vikas Hamroll
416-356-9483(Direct)
Sales Representative
Homelife/Miracle Brokerage Ltd.
email:vikas.k.hamroll@gmail.com
Location: Brampton, Ont, Canada
Posted on: 29-08-09 11:04:03
Thank you Sanjeev and Vikas for important information
I have one more questions
How does mortgage works for ppl like me who just move from different province ?
do they required previous employment history or current ?
Is it possible to guide me threw mortgage process or mortgage brokers contacts ?
Again, thank you very much
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
You are still within Canada and your credit history remains the same irrespective of the move. Lenders usually have uniform criteria on mortgage qualification. However, based on certain economic paramaters that are local to a provice or a city, lenders may impose certain restrictions or have specific requirements on mortgage approval.
If you have any specific questions, you may contact me or Pramod ji with your situation.
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Rajeev Narula, Broker, REALTOR®
ACE TEAM REALTY INC., Brokerage
10 Kingsbridge Garden Circle, Suite 704
(Opp Square One - HWY10/403)
Mississauga, ON L5R 3K6
Bus: 1-888-355-3155 Ext. 300
Fax: 1-888-443-3155
Email:
Web: http://www.RAJEEV.ca" rel="nofollow">LINK
Location: Brampton, Ont, Canada
Posted on: 07-09-09 09:57:15
Hi Rajeev
Sure i will contact you soon.
May also have promodji's contact info ?
Thank you again
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
