Trish & Cheryl Niagara Real Estate Agents Niagara on the Lake Realty

Office 905-262-6996 | EMAIL info@homesnotl.ca |

 

Zooming to Retirement

 

The Retirement years are in sight! You are almost there, the kids are slowly moving out, you are thinking about how you wish to spend the next stage of your life. You are more focused on activities for you, whether that be a hobby, traveling or volunteer activities.  Your needs start to change, whether that is the size of house, location where you wish to live and your needs /concerns about your financial future. One of those decisions is do you sell your family home and if so where do you wish to live.  Although full retirement might still be several years off, moving to a more suitable and affordable residence today may be the best move for the long term. Here are some factors to consider when evaluating your future lifestyle and residence.

 

Your Budget

When deciding the pros and cons of staying in your present home, there are many issues to consider, one is the cost of the home. Long-term budget planning should take into account not only standard day-to-day expenses, but also the cost of home improvements/renovations, repairs or replacement of aging appliances or home heating/cooling systems.  In addition, there are practical considerations such as the style of home and the possible physical or financial burden of property management in later years.

 

As you approach retirement you may prefer to free up some of the equity that has built up over the years in your present house. Many people use this equity to supplement their retirement savings, help their children with education costs or to purchase another home. Whatever the reason, it’s important to seek solid real estate and financial advice before making a decision.

 

Things to Consider before Choosing a New Residence for Retirement


Location of a new residence should encompass all you imagine for your future retirement lifestyle. You will finally have the time to participate in all the activities you’ve never managed to squeeze in before; therefore, it is important to take into account proximity to family, friends and the facilities that house your favourite recreational or social activities. This may include golf courses, church, recreational facilities, social clubs or the local theatre.

 

The other thing you need to consider if you are moving is access to medical support.  Many locations across Canada have a lack of Doctors and waiting lists for a family physician. 

 

 You also need to consider what you need inside your new residence, you may desire an additional bedroom for visits from grandchildren or an easy-access bathroom with improved shower, bath and toilet for greater comfort in the future. In addition, wide, shallow steps and an easy front walk-up will be important inclusions for less limber bodies. Sufficient outdoor lighting is a necessity for home security and personal safety. Although you may be moving to a smaller residence overall, your personal space will likely be greater due to innovative designs created with the retirement lifestyle in mind, perhaps in the form of a dressing room, art studio or office.

 

Before making a decision to move out of town to a vacation home or any type of residence, imagine yourself living day-to-day further away from family and friends and try to explore potential ramifications of the increased distance. You may consider building a guestroom so that you can entertain friends and family on a regular basis, while still enjoying your quiet, country retreat.

Whether you choose to stay in the family home, build, move to a recreational property or condominium, consider the activities you currently enjoy and reflect on your evolving interests and the new priorities of your future.

 

 

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I have listed a new property at 9 The Promenade Centre in Niagara-on-the-Lake.
Great location and an updated 1350 Sq Ft Bungalow Old Town Niagara on the Lake! This desirable address in a quiet neighbourhood is a comfortable walk to The Commons and into the centre of town. Situated on a coveted lot with no rear neighbours, backing onto a conservation nature trail offers wonderful privacy. New Kitchen (granite countertop), hardwood flooring on the main level and newly professionally painted. The basement is fully finished with large family room and bedroom & Bathroom. The windows in the recreation room are large, giving the room wonderful light. Main floor living, 2 bedrooms, 2 bathrooms and the laundry. The Dining room has patio doors leading to the spacious deck and fenced rear garden (professionally landscaped 2016).
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I have listed a new property at 36 the promenade Street in Niagara-on-the-Lake.
TOTALLY UPGRADED 3000 SQFT, 4+1BR, 5 BATH, 2 STOREY HOME SITUATED IN A HIGHLY SOUGHT AFTER & UPSCALE NEIGHBOURHOOD, CLOSE TO DOWNTOWN! BALANCED BY ITS CHARACTERISTIC CHARM & RICH ELEGANCE, IMPRESS ALL YOUR GUESTS WITH ITS GRAND ENTRANCE, FORMAL PRIVATE DINING ROOM & FORMAL LIVING ROOM WITH FIREPLACE. KITCHEN IS UPGRADED & SPACIOUS OPEN TO A LARGE AND ENVITING FAMILY ROOM, KITCHEN BOASTS GRANITE TOPS, UPGRADED CUSTOM APPLIANCES, &PLENTY OF CABINETRY SPACE. PERFECT FOR THE KITCHEN PARTY WITH THE SUN FILLED GREAT ROOM/FAMILY ROOM,COMPLEMENTED BY LARGE WINDOWS, GLEAMING HDWD FLOORS & WALKOUT TO PRIVATE COURTYARD. AT NIGHT TIME, RETIRE TO THE MN FLR MASTER BEDROOM WITH ITS OWN PRIVATE ENSUITE & WALKOUT TO PRIVATE COURTYARD PATIO. THE UPSTAIRS FEATURES 3 BEDS & 3 BATHS, INCLUDING A PRIVATE SUITE W/GAS FIREPLACE, UPDATED BATHROOM & SEPARATE ENTRANCE! OTHER FEATURES A MUD/LAUNDRY ROOM OFF GARAGE, EXPENSIVE LIGHTS (SCHONBEK), BSMT W/FIN LRG REC RM & BRM C/A, C/V & MORE
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I have listed a new property at 1 BLACKBIRD Street in Niagara-on-the-Lake.
Niagara on the Lake, "the Village" at its best! This Open concept Kitchen/Great Room offers wonderful space to entertain your friends with lots of natural light. This end unit has 25 windows in it. The Flooring is Black Walnut hardwood on both the Main level and the 2nd floor. The Master suite is a just that! A master suite, perfect retreat. There are 2 additional bedrooms upstairs and another in the basement. The fully finished basement with oversized windows is comfy place to relax in. The back yard was professionally landscaped last year with stone patio for carefree gardening. Do not miss your opportunity. Other updates over the past year includes freshly painted, replace interior and exterior lighting, new gas range, installed garage door opener (1 side)
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Please visit Trish & Cheryl's Open House at 57 The Promenade . in Niagara-on-the-Lake.
Open House on Sunday, April 23, 2017 2:00 PM - 4:00 PM
Located in an established area of Old Town Niagara-on-the-Lake, this 2-storey, brick home has been well maintained and updated with entertaining in mind. The backyard is your private oasis, re landscaped last year this house is ready to move into and start your new life. The home features 3 bedrooms upstairs and 2 in the lower level (with oversized windows). The large welcoming foyer opens to the living room and the large bright south facing updated kitchen (new cabinets and granite countertops and a great island). The kitchen, family room, Sun room offers fantastic space for entertaining kitchen party! Upstairs there are 3 good size bedrooms and 3 bathrooms for those visiting friends and family. Main Floor Laundry room. The basement is partially finished with 2 rooms and a large bathroom, there is still space for storage. All Windows replaced between 2009-2013; Sunroom added in 2013; all bathrooms were redone in 2011; Kitchen (new cabinets, flooring) 2015/16 including the foyer, Driveway re asphalted in 2015,and the backyard was newly landscaped in 2016. Furnace 2009, A/C 2016. Roof was done in 2005 with 25 year shingles, historically run as a successful B&B.
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Please visit Trish & Cheryl's Open House at 57 The Promenade . in Niagara-on-the-Lake.
Open House on Sunday, April 9, 2017 2:00 PM - 4:00 PM
Located in an established area of Old Town Niagara-on-the-Lake, this 2-storey, brick home has been well maintained and updated with entertaining in mind. The backyard is your private oasis, re landscaped last year this house is ready to move into and start your new life. The home features 3 bedrooms upstairs and 2 in the lower level (with oversized windows). The large welcoming foyer opens to the living room and the large bright south facing updated kitchen (new cabinets and granite countertops and a great island). The kitchen, family room, Sun room offers fantastic space for entertaining kitchen party! Upstairs there are 3 good size bedrooms and 3 bathrooms for those visiting friends and family. Main Floor Laundry room. The basement is partially finished with 2 rooms and a large bathroom, there is still space for storage. All Windows replaced between 2009-2013; Sunroom added in 2013; all bathrooms were redone in 2011; Kitchen (new cabinets, flooring) 2015/16 including the foyer, Driveway re asphalted in 2015,and the backyard was newly landscaped in 2016. Furnace 2009, A/C 2016. Roof was done in 2005 with 25 year shingles This family home has been run as a Bed and breakfast for over 15 years and always in the top 5 on TripAdvisor. . MOVE-IN READY. More photos coming next week. Much of the furniture for the B&B will be available, list will be provided. At time of writing this - over 150 reservations already booked.
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I have listed a new property at 57 The Promenade . in Niagara-on-the-Lake.
Located on a quiet mature street, walking distance to town. Many upgrades and very well maintained, Has been run as a Bed and breakfast for over 15 years and always in the top 5 on TripAdvisor. All Windows replaced between 2009-2013; Sunroom added in 2013; all bathrooms were redone in 2011; Kitchen (new cabinets, flooring) 2015/16 including the foyer, Driveway re asphalted in 2015,and the backyard was newly landscaped in 2016. Furnace 2009, A/C 2016. Roof was done in 2005 with 25 year shingles. MOVEIN READY. More photos coming next week. Much of the furniture for the B&B will be available, list will be provided. At time of writing this - over 15o reservations already booked.
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I have listed a new property at 1 BLACKBIRD Street in Niagara-on-the-Lake.
Niagara on the Lake, "the Village" at its best! This Open concept Kitchen/Great Room offers wonderful space to entertain your friends with lots of natural light. This end unit has 25 windows in it. The Flooring is Black Walnut hardwood on both the Main level and the 2nd floor. The Master suite is a just that! A master suite, perfect retreat. There are 2 additional bedrooms upstairs and another in the basement. The fully finished basement with oversized windows is comfy place to relax in. The back yard was professionally landscaped last year with stone patio for carefree gardening. Do not miss your opportunity. Other updates over the past year includes freshly painted, replace interior and exterior lighting, new gas range, installed garage door opener (1 side)
Read Full Story

Please visit Trish & Cheryl's Open House at 1 BLACKBIRD Street in Niagara-on-the-Lake.
Open House on Saturday, March 4, 2017 2:00 PM - 4:00 PM
Niagara on the Lake, "the Village" at its best! This Open concept Kitchen/Great Room offers wonderful space to entertain your friends with lots of natural light. This end unit has 25 windows in it. The Flooring is Black Walnut hardwood on both the Main level and the 2nd floor. The Master suite is a just that! A master suite, perfect retreat. There are 2 additional bedrooms upstairs and another in the basement. The fully finished basement with oversized windows is comfy place to relax in. The back yard was professionally landscaped last year with stone patio for carefree gardening. Do not miss your opportunity. Other updates over the past year includes freshly painted, replace interior and exterior lighting, new gas range, installed garage door opener (1 side)
Read Full Story

Please visit Trish & Cheryl's Open House at 1 BLACKBIRD Street in Niagara-on-the-Lake.
Open House on Sunday, March 5, 2017 2:00 PM - 4:00 PM
Niagara on the Lake, "the Village" at its best! This Open concept Kitchen/Great Room offers wonderful space to entertain your friends with lots of natural light. This end unit has 25 windows in it. The Flooring is Black Walnut hardwood on both the Main level and the 2nd floor. The Master suite is a just that! A master suite, perfect retreat. There are 2 additional bedrooms upstairs and another in the basement. The fully finished basement with oversized windows is comfy place to relax in. The back yard was professionally landscaped last year with stone patio for carefree gardening. Do not miss your opportunity. Other updates over the past year includes freshly painted, replace interior and exterior lighting, new gas range, installed garage door opener (1 side)
Read Full Story

Please visit Trish & Cheryl's Open House at 6 SETTLERS Court in Niagara-on-the-Lake.
Open House on Sunday, February 26, 2017 2:00 PM - 4:00 PM
Located in Old Town Niagara on the Lake on a quiet enclave, This one and half storey brick home offers main floor living the Master bedroom on the main level and 2 bedrooms and 2 bathrooms, upstairs for visiting guests. Very private large back yard with apple trees and a wonderful large covered patio, great for entertaining. The main floor has the master bedroom with updated bathroom, front sitting room (or large office), family room with wood burning fireplace, formal dining room and a large eat in kitchen with easy access to the back patio. The basement is finished with a large recreation room, laundry room and 3 piece bathroom. please note the yard is larger than it appears by measurements. the yard in 66 feet wide and 153 feet long. Present owners are running it as a 3 bedroom B&B
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I have listed a new property at 4637 Ellis Street in Niagara Falls.
Licenced 3 bedrooms B&b, century old charm, original wood with updated features - including guests bathrooms. Large lot with wonderful porch for the guests and private backyard for owners. Roof 2009, furnance 2010, Hotwater tank, owned 2013. Located between the Downtown area and the Falls. Detached double car garage.
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January 5th, 2017 Niagara- The Niagara Association of REALTORS reported 476 property sales processed through the Multiple Listing Service (MLS) system in DECEMBER.  This represents a 19.6% increase in sales over DECEMBER of last year.

 

 

The residential average sale price of $319,223 was 13.9 per cent higher than last DECEMBER. The average days on market DECREASED from 61 to 39 days on market in the residential freehold market, and from 77 to 72 in the condominium market. These figures are taken from the following areas; Fort Erie, Fonthill/Pelham, Lincoln, Niagara Falls, Niagara-on-the-Lake, Port Colbourne/Wainfleet, St. Catharines, Thorold and Welland.  Please contact us if you would like more specifics from these regions.

 

Market Activity for Niagara-on-the-Lake

 

Niagara-on-the-Lake homes listed and sold

 

# of sales in DECEMBER 2015 - 20

 

# of sales in DECEMBER 2016 - 21

 

Average sale price 2015 - $546,200

 

Average sale price 2016 - $523,143

 

Average days on market 2015 - 115

 

Average days on market 2016 - 35

 


*Please contact Trish & Cheryl Niagara-on-the-Lake Realty

Sales Representatives, for more information for current

homes for sale in Niagara-on-the-Lake!

 

 

 

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I have listed a new property at 433 KING Street in Niagara-on-the-Lake.
BUILT IN 1800,BROCKAMOUR IS ONE ON NIAGARA'S OLDEST & FINEST HOMES. THIS CENTRALLY LOCATED(IN THE HEART OF OLD TOWN) HOME IS SET IN MATURE GARDENS & HAS BEEN LOVINGLY RESTORED & UPDATED. LICENSED AS A 6 RM B&B(COUNTRY INN). EACH GUEST RM HAS 4PC ENSUITE W/WHIRLPOOL BATH/SOAKER TUBS. COMPLETELY SEPARATE OWNERS QUARTERS. WHICH INCLUDE A LARGE SITTING AREA, 3 BEDROOMS (ALL ENSUITES) AND AN LARGE BRIGHT EAT-IN KITCHEN. TOTAL BEDROOMS 9 ALL ENSUITES, 5 ENSUITES HAVE HEATED FLOORS, 6 HAVE GAS FIREPLACES. AS CLOSE TO A TURNKEY AS POSSIBLE.
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I have listed a new property at 137 FOUR MILE CREEK Road in St. Davids.
A one of a kind home in much desired St.Davids. Excellent access to Niagara-on-the-Lake, Niagara Falls, 3 golf courses and the highway. Fondly known as "The Grist Mill" of 1782. It offers a delightful mis of modern renovations (high ceilings, modern kitchen, baths, sunroom, 2 gas fireplaces and historic elements of original stone of mill works in the basement. A large double garage, hidden down the left side of the home, gives access directly into the basement level. The current owners have lovingly renovated this home over 20 years to offer 3 bedrooms, spacious living room and dining room and generous sun room along the back with great views of the gently sloping rear yard. The property is approximately half an acre, backing onto a stream and has many beautiful trees. Possibility of severance to the right of existing home, offering a very attractive building lot with no loss of privacy to the existing home.
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I have listed a new property at 6 SETTLERS Court in Niagara-on-the-Lake.
Located in Old Town Niagara on the Lake, This one and half storey brick home offers main floor living with 2 bedrooms and bathrooms, upstairs for visiting guests. Very private back yard with apple trees and a wonderful large covered patio, great for entertaining. The main floor has the master bedroom with updated bathroom, front sitting room (or large office), family room with wood burning fireplace, formal dining room and a large eat in kitchen with easy access to the back patio. The basement is finished with a large recreation room, laundry room and 3 piece bathroom.
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Please visit Trish & Cheryl's Open House at 6 SETTLERS Court in Niagara-on-the-Lake.
Open House on Sunday, October 23, 2016 2:00 PM - 4:00 PM Wonderful home with private back yard walking distance to town
Located in Old Town Niagara on the Lake, This one and half storey brick home offers main floor living with 2 bedrooms and bathrooms, upstairs for visiting guests. Very private back yard with apple trees and a wonderful large covered patio, great for entertaining. The main floor has the master bedroom with updated bathroom, front sitting room (or large office), family room with wood burning fireplace, formal dining room and a large eat in kitchen with easy access to the back patio. The basement is finished with a large recreation room, laundry room and 3 piece bathroom.
Read Full Story
I have listed a new property at 6 Settlers Court in Niagara-on-the-Lake.
Located in Old Town Niagara on the Lake, This one and half storey brick home offers main floor living with 2 bedrooms and bathrooms, upstairs for visiting guests. Very private back yard with apple trees and a wonderful large covered patio, great for entertaining. The main floor has a front sitting room (or large office), family room with wood burning fireplace, formal dining room and a large eat in kitchen with easy access to the back patio. The basement is finished with a large recreation room.
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I have listed a new property at 100 JOHN Street in Niagara-on-the-Lake.
Classic Niagara-on-the-Lake, this early Canadian Loyalist reproduction home (including high ceiling and large moldings) is set amongst tall pine trees overlooking the historic "Commons" and 'Butler Barracks' across the street from the Rand Estate. The home allows for main floor living with a Master bedroom and ensuite on the main level, family room, eat in kitchen and wonderful family room over looking the backyard. The 4 (four) large bedrooms upstairs all have ensuites - great for visiting family and friends. The grounds are professionally landscaped with a sitting area in the front of the house - great for people watching and there is private sitting area in the back yard under the large Wisteria plant. The basement is partially finished with an office. The home is currently being run as a B&B. It was originally built as a B&B, giving attention and space for the guests and the owners. One of the best layouts of a home for a B&B! Ac & furnace 2016, pump 2013
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I have listed a new property at 555 VICTORIA Street in Niagara-on-the-Lake.
This purposely built bed and breakfasts offers the both the guests and owners wonderful space and is located in the historic town of Niagara-on-the-lake. Featuring 4 + 2 bedrooms, (4 ensuites) this detached home has 2 sitting areas, 2 outside sitting areas and features main floor living for the owner. Upstairs are 3 large bedroom, with ensuites, a sitting area with skylight window and a gas fireplace in the sitting area and a large laundry room. The large kitchen is ideal for the foodie in you. Continue to run it as a B&B or just live in and enjoy your personal weekend guests. New roof 2016 (35 year warranty on shingles and transferable), furnace 2016, AC 2016.
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