FEB / MAR 2012 AVN IV

Alton Village News

Condo Status Certificates...what are they?

When you are contemplating a real estate transaction involving a condo, it is wise to order a Status Certificate, a mortgage lender will require it. The certificate is a regulated form with information, such as any arrears of common expenses, lawsuits pending for the condo, and whether units in the building are rented or commercial units. The package will include the condo’s financial statements, budgets, an overview of condo rules and provide insight into whether common expenses are expected to increase or if the condo’s reserve fund (for major projects and repairs) is adequate. If you are purchasing a resale condo, your agreement of purchase and sale should always be conditional upon your lawyer’s satisfactory review of the condo status certificate.

ALTON VILLAGE

NEWS

Royal LePage Burloak Real Estate Services Brokerage

Cell: 905-808-3683 Office: 905-335-3042 randyhart@royallepage.ca

www.randyharthomes.com

ALTON VILLAGE NEWS

Randy Hart

Burlington Events • Burlington KidFest - Monday Feb 20, 2012 @ Corpus Christi Secondary School. 9am-5pm www.burlingtonkidfest.com • Taste of Burlington Winter - Feb 20 to Mar 11, 2012 Restaurants throughout Burlington www.tasteofburlington.ca • Heritage Month: Open House at Ireland House Tuesday Feb 21,

2012 @ 2168 Guelph Line Burlington - 10am-4pm • Halton Women’s Place Black & White Gala - Saturday Feb 25,

2012 @ Oakville Conference & Banquet Centre 530pm 905-332-1200, Ext. 263

• 15th Annual Burlington Women’s Show - Sunday Feb 26, 2012 11am-4pm at Tansley Woods Community Centre

• 1,000,000 Steps for Breast Cancer Walk - Saturday Mar 25, 2012 9am-10am at Burlington Mall - www.breastcancersupport.org • Giggles & Grub - Comedy, Dinner and Dance - Friday Mar 30,

2012 @ Burlington Convention Centre www.gigglesandgrub.ca

Alton Shared Project Facility Update - High School, Library, and Community Centre Construction is well under way on this $40.2 million dollar project, with approximately 15% of the project completed for the Alton Shared Project consisting of a new High School, Library & Community Centre in Alton Village. Scheduled completion is Summer 2013. This facility is located on Tim Dobbie Drive, across the street from where Norton Park construction project is located, which is approx. 50% complete as well, and scheduled to be finished by Spring 2012. Tim Dobbie Drive will be “Streetscaped” to integrate the new Alton Shared project with Norton Park. Traffic calming measures, sidewalks and public transportation access all to follow. Including a regional art competition for the 2 public transit bus shelters.

Alton Village Catholic Elementary School Update This new Catholic School located on Doug Wright Drive in Alton Village is scheduled to open September 2012. It will be 2 stories, and have a capacity of 612 students. It will fall within the St. Paul the Apostle Catholic Parish boundary. For updates on the school you can visit www.hcdsb.org/Schools/Construction If you have questions you can contact 905-632-6300. After elementary school, catholic school children would attend Corpus Christi High School.

By: Tony Falcone

January 2012

22 New Listings 14 Homes Sold

$478,179 Average YTD Sale Price 39 Average YTD Days on Market

All Statistics from RAHB District 36 for Dec/11 and Jan/12

Randy Hart | Sales Representative Royal LePage Burloak Real Estate Services Office 905-335-3042 Direct 905-808-3863 randyhart@royallepage.ca www.randyharthomes.com Tony Falcone | Barrister & Solicitor Falcone Law Direct 416-802-8261 anthony@falconelaw.ca www.falconelaw.ca Steve Faveri | Insurance Advisor The Capital Group Insurance Direct 905-220-9082 steve@thecapitalgroup.ca Tom Woolley | Registered Home Inspector New Home Check Home Inspections Phone 905-808-8048 www.newhomecheck.ca Tom@NewHomeCheck.ca Eric Shickluna | Printing & Graphic Design GreenPrinting.ca eric@greenprinting.ca www.greenprinting.ca

Community Newsletter Provided by:

FEB / MAR 2012 AVN IV ALTON VILLAGE NEWS

Keeping Water Away

Although we normally talk about this in the warmer months, it is important to think about your foundation wall and how to

keep it dry as we head into spring in order to maximize the dryness of your home. Go outside and take a look around, especially if it is raining. Water penetration is not complicated.

At the very least, extend the downspouts at least six feet away from the home. This ensures that all of that rain (or snow) that is on your roof gets far away from the basement wall. Look for low spots where water will collect. Fill them in if possible. Are your window wells filled with debris? Clear them today. Keeping surface water away from the foundation walls will solve most basement leakage issues. Most homeowners wait for a problem. Not you… By: Tom Woolley

What would happen if you became seriously ill and had to stop working?

Should you be diagnosed with a life threatening illness, Critical Illness (CI) Insurance provides you with a lump-sum cash payment. CI is the ONLY financial product that will pay you if you live healthy, pay you if you die and pay you if you have a claim.

• If you are diagnosed with a critical condition & survive – you receive a lump sum

• If you die without making a claim – 100% of your premiums will be returned

• If you remain healthy and do not claim – You receive 100% of premiums back

What would the financial impact be on your world if you were to suffer a stroke, a heart attack or life threatening cancer? If you are in good health, you need to look at this product because the odds are you will survive one of these conditions. Let your finances survive too.

ALTON VILLAGE HOME SALES STATS

December 2011

6 New Listings 11 Homes Sold

$440,364 Average YTD Sale Price 32 Average YTD Days on Market

The intent of this newsletter is to inform you regarding community events, real estate and related industries news. This publication is not intended to solicit buyers or sellers currently under contract with a brokerage. The information and opinions contained in this newsletter are obtained from various sources believed to be reliable, but their accuracy cannot be guaranteed. The

publishers assume no responsibility for errors or omissions or for damages resulting from using the published information. None of the information provided is considered legal advice.

Connect With Our Social Network!

Facebook.com/RandyHartHomes @RandyHartHomes

Facebook.com/FalconeLaw @FalconeLaw

By: Steve Faveri

REAL ESTATE UPDATE

Low Inventory of Homes

There were 819 property sales through the Realtors Association of Hamilton-Burlington for January 2012; a 10.8% increase over the same month last year. But we saw a 7.7% drop in new listings for the month compared to January of last year. Actual listings were down in all categories, with the largest drop in the condo market.

While sales have edged up compared to last year, we have seen significantly fewer listings than normal. Listing inventory is the lowest it has been in some time. Residential condominiums saw the biggest gain in sale price for a January, with an increase of 7.9% in the average sale price. The average sale price increasing 4.6% for the month. All Info & stats provided by RAHB Feb 6/12