Real Estate Insider: October 2018 News Report

Hi there, readers! With new local real estate developments and a continuing housing war, we thought we'd bring you a collection of reading just for the occasion. Take a look as we cover renovation tips, the benefits of living small, how to whittle down that mortgage, and more!



More often than not, renovations increase the value of your home. Everyone should be careful of renovations that are only improvements in their eyes! This article lists 7 home renovations that might not help the re-sale value of your home. >>

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Monthly mortgage payments is something every homeowner has to deal with. There are many different theories and strategies that go with paying off your mortgage, but have you ever heard of a sinking fund? If not, you can read all about it here! >>

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There’s one thing standing between the house size you think you need, and the house size you actually need: your ego. Set it aside and read the benefits of owning a smaller home. >>

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Condo popularity is growing in the Windsor-Essex area, and they are popping up all over! If you’re thinking of buying a condo make sure to keep these tips in mind so you don’t have any surprises after you make the big investment. >>

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House flipping is rapidly gaining popularity and can be a great way to earn extra cash to set yourself up for financial freedom. However, like many things, it’s not as easy as it sounds. Read this article for some things to consider before diving into a flip so it doesn’t turn into a flop. >>

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Investing in a vacation rental could be the perfect opportunity to finance a vacation spot for you and your family—if you’re willing to put in the work! As always, we want you to stay informed on all decisions involving real estate, so if you’re thinking of investing in a vacation home, be sure to read this article first. >>

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Getting your home ready for an inspection is a win-win for everyone; doing it right is important! This article does a great job at listing the simple things you should do pre-inspection to assure you get the highest price for your home. >>

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It’s easy to make mistakes when first starting anything, but some “rookie mistakes” can end up costing you a lot of money! Be sure to avoid the common ones by reading this article, and get yourself ready for a successful investment property! >>

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Does the thought of your mortgage constantly stress you out? If you want to live mortgage free, you can start by reading these 12 tips on how to reduce that pesky mortgage. >>

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How would you feel about having a neighbour that frequently rents out their home short term? Are you with the majority of Canadians? Find out here! >>

Development Across Windsor-Essex - Summarizing The Projects in The Works (Part 3

Even as we get deeper into Fall and the temperatures are starting to drop, the development in Windsor-Essex is still red hot! The previous two parts of this series have garnered solid feedback, so much so that we decided to add a part three!

Starbucks - Leamington & Lakeshore

Everyone loves a good Starbucks! And they are clearly expanding in Windsor-Essex. Nearing completion is the new location in the South End of the County, in Leamington at 291 Erie St. South. They are supposed to be open sometime this fall and the developer is Brotto Family Holdings. You can see more info on this one here.

The Starbucks that's in the same building as Indigo (off County Rd 22, just east of Manning) is going into a standalone building across the street. Just west of the CIBC on the massive site of the St Clair Shores Plaza, construction has just begun and should be open next year. The developer is the Valente Group. The address of the site is 25 Amy Croft Drive.

Both sites are the standard Starbucks 2000’ building layout with a drive through.

Hotel Coming to Tecumseh

On the site of the old Tecumseh Golf, a hotel development is coming to Tecumseh. This is the first hotel development in several years in the area. Details on the hotel brand haven’t been disclosed yet.  The development is courtesy of Petretta Construction. Look for more details coming soon.

Metro Anchored Retail Plaza Coming to Tecumseh

Adjacent to the coming Hotel development, on the westside of Manning between Amy Croft and Lanoue, comes the area’s latest retail plaza. Look out Sobeys and Zehrs as Metro is coming to town.  There will be an approximate 8000’ of additional retail space to go along with the grocery store, with yet to be announced tenants. This development is a partnership between Petretta Construction and the Otis group. Site work has recently begun with construction starting soon.

Quicken Loans Opening an Office in Downtown Windsor - 156 Chatham St W

Hot off the presses! This one we have first hand knowledge of, as we represented Quicken Loans and Bedrock in securing their Windsor space! The company is opening a Windsor office to support their American operations; having this Canadian office will allow them to avoid more strict worker immigration rules that have come out of the US during the Trump administration. It will also allow them to recruit graduates from several Southern Ontario universities. The building is known as the “Fish Market” and was previously home to a couple different bars (Coach & Horses and The Loop). The building is owned by a partnership of local developers Dino and Anthony Maggio and also the Cypher Systems Group. Quicken Loans is taking 9000’, which encompasses the entire first floor of the building, with the right to expand to the second floor in the future. Construction has been ongoing at the property for several months and should be turned over to Quicken this fall for them to finish the office buildout and begin operations in 2019. 50 people are expected to make the move over initially and that number could grow to 100 in the near future.

A couple big ones for you guys to know about! Hopefully you find these posts informative as we love being your go-to guys for information. Readers: are you excited about these projects?