Your Real Estate Fix of the Week 03.15.18

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This week’s new and featured listings are lighting it up! Seriously, they are all basking in fabulous natural light. These gorgeous homes in amazing locations are definitely going to brighten your day. You can view all of our listings on our website at www.eriesedge.com/for-sale. Click on the images below to view the detailed listings.


Get a load of this stunning home in Tillsonburg. The beautiful details and flawless fixtures at 12 Michael’s Lane are perfect. It’s luxurious covered porch and spacious interior design are filled with natural light. Try not to let your jaw drop when you view this captivating home!

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This incredible home sits on a private 2.54 acre lot just one minute from Port Dover and all it’s wonderful amenities. You’ll love this homes flow, the details, and all of the space. Not to mention all of the natural light that fills this impeccable raised ranch at 5 Forest Glen Court in Simcoe from bottom to top. 

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This open concept cottage features 3 sets of lake front french doors creating an amazing beach view and an abundance of natural light. The vaulted ceilings and modern details at 59 Woodstock Ave in Long Point make this cottage a luxurious retreat. Enjoy the epic view from both the charming indoor living space and the amazing outdoor patio area just steps from the beach all the summer long.

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For more information on these or any listings please leave a comment, or give us a call 519-586-7922.

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Crepes, Croissants and Quiches in Norfolk County

Breakfast is the most important meal of the day, right? These Norfolk County restaurants might agree and they are definitely creating some delicious breakfast masterpieces for you to enjoy!

 Ferrera

This little Simcoe gem is offering a seriously packed breakfast menu! The locally sourced and freshly crafted creations will amaze your taste buds. Breakfast poutine,  perch Benedict or tuscan chicken omelette, how’s that for a teaser? With stellar service, a delicious menu and an awesome atmosphere you will not be disappointed at this trendy eatery.  But be cautioned “Taste buds may experience happiness for the first time. This is normal. This new sensation will radiate throughout your body. May induce starry-eyed daydreaming and your best day ever.” – Ferrera

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Schofields Bistro

Spoil yourself on Sundays with an incredible brunch at Schofields Bistro. Their farm to table brunch creations are absolutely mouth-watering.  Choose between items like Belgian waffles, eggs Benedicts, omelettes, or quiche. With this delectable brunch menu crafted from local ingredients, good luck picking a favourite dish!

Harmony Pastry Shop & Cafe

Customers stop for breakfast at Harmony Cafe for more than just their delicious food. The comfortable atmosphere, kind service and home-style menu keeps customer coming back (for over 30 years)! We’d also suggest ordering some tasty pastries and fresh baked goods to take home and savour.

Crepe House

The Crepe House in Port Dover is serving a breakfast classic in a totally unique way, transforming local ingredients into delicious crepe creations! You haven’t had a crepe until you’ve ordered off their menu, legit. Customers are raving on social media calling their crepes “flawless” and their ingredients “lively and all topped up with deliciousness”. You know what you have to do now, enjoy your crepe!

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Trends

Wait until you get a look at the new breakfast menu at Trends! I am absolutely drooling over their “Avo on Rye” – avocado, poached egg &, goat cheese (or feta) on marble rye. Maybe you’d prefer the waffles and fried chicken? How about eggs Benedict, french toast, omelettes, pancakes or a breakfast wrap? I have no doubt that when you stop in you’ll be drooling over their epic breakfast menu too!

Uncle’s County Coffee

I know we’ve already raved about the coffee at Uncle’s in our Coffee Hot Spots Blog.  So, while you’re there getting a hot cup of their delicious java you seriously need to try their western wrap! It is loaded up with eggs, green peppers, onions, cheese and ham and did I say cheese? It is an absolute morning game changer! But you really can’t go wrong with any breakfast order at Uncles’s. 

Ritzy Cakes & Eatery

You will absolutely adore Ritzy Cakes in Waterford. A mouth watering ritzy melt, a classic egg and sausage breakfast dressed up with side of hash brown casserole, or a flawless fruit & yogurt parfait are just a few of the items off their menu.  And try not to fall head over heals in love with their incredible deluxe waffle! Breakfast will definitely be your favourite meal on the days you visit Ritzy Cakes & Eatery.

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Dekoning Meats

You can bet your breakfast is going to be fresh at this butcher’s on site restaurant.  This casual butcher breakfast spot is where the locals head for a delicious home style meal to fuel the day.  And those locals are raving that Dekonings bacon is “the best”!  I don’t think you can go wrong with an order of eggs paired with the best bacon, fresh from the butcher.


We’ve named a few drool-worthy Norfolk County breakfast spots.  Who serves your favourite breakfast dish?

Let us know if we have missed any awesome local breakfast creators that need to be added to our list.

Your Real Estate Fix of the Week 03.08.18

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This week’s new listings are spacious and bright and they are nestled in some awesome locations! You can view all of our listings on our website at www.eriesedge.com/for-sale. Click on the images below to view the detailed listings.


Wait until you see the incredible vaulted ceilings at 47 Old Mill Road! Relax in this beautiful space overflowing with natural light and enjoy the peaceful lakeside views in Clear Creek.

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A spacious split level with some stunning upgrades! 6 Causyn Avenue is waiting for you on a large private lot in the charming village of Langton.

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With warmer weather just around the corner, it’s time to start thinking about where you’ll be spending your sweet summer days! How does a trailer with a boat slip and a seriously spacious deck in an epic beach town sound? Make it happen at #78 Clubhouse Road at the MacDonald Turkey Point Marina

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For more information on these or any listings please leave a comment, or give us a call 519-586-7922.

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Your Real Estate Fix of the Week 03.01.18

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Country life, town life or farm life? We’re excited to show you this week’s beautiful new listings! You can view all of our listings on our website at www.eriesedge.com/for-sale. Click on the images below to view the detailed listings.


Stunning new kitchen, exposed wooden beams, abundance of natural light and 1.5 acres certainly make 333720 Plank Line in Salford a beautiful country retreat. Consider the gorgeous in-ground saltwater pool and this home becomes a complete paradise!

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They say a family makes a house a home. With 3+1 bedrooms, 2.5 baths, a spacious layout and a finished basement rec. room, 41 Herford Street in Tillsonburg is the perfect place for your family to make a home!

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If you’re looking for property, how does 26.59 acres sound? The beautiful land at 53456 Best Line in Aylmer hosts a new 160’ well and is ready to be farmed! With gas and hydro available at the road, consider building your dream home on this awesome acreage!

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For more information on these or any listings please leave a comment, or give us a call 519-586-7922.

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Excited to Eat & Drink in Norfolk

Signs of spring have started to tease us which means it won’t be long until we are enjoying longer days and beautiful weather. But, spring isn’t the only exciting thing just around the corner, Eat & Drink Norfolk is now just weeks away!

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If you’ve been to this epic Norfolk County event in the past, then I’m sure you understand the anticipation.  On the chance that you haven’t been then I will recommend that you make this your year!

Eat & Drink Norfolk is a local event hosted by The Norfolk County Fair & Horse Show celebrating many of the amazing restaurants, food producers, wineries and breweries from our beautiful county!

“Eat & Drink Norfolk is now in its 9th year! The event keeps on growing due to the support of the community. We live in Ontario’s Garden, the greatest county in Canada, and that abundance is reflected in what the local restaurants, wineries and breweries produce and offer at the event! That is one of the main reasons we’ve been named one of “Ontario’s Top 100 Festivals and Events” for 3 years in a row!” – Chantal Zorad, Special Events Manager

For three evenings you can taste test, sip and sample the best creations from Norfolk’s favourites vendors. The social atmosphere and live entertainment offer a great time for everyone.  And of course you can partake in a little friendly competition by voting for your favourite restaurant, winery and brewery.

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This year the event will take place April 5-7 at the AUD in Simcoe.  For more details and ticket purchases (which are available online this year!) visit The Norfolk County Fair & Horse Show website.

I am looking forward to getting my hands on some cider samples from Villa Nova Estate Winery or Bonnieheath Estate Lavender and Winery.  Which local restaurants, wineries and breweries are you excited to taste at the show this year?

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How Much Will I Owe in Capital Gains Tax if I Sell My Cottage?

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When you and your family decide that it is time to pack up the bug spray, sunscreen and bathing suits and list your family cottage you may have a lot of questions.  Like, who gets to keep the water wings? Where did your favourite blue bathing suit go? And, who wants to help use up the last of the fire wood and marshmallows?

There’s also a good chance that you’re going to have a few questions for your local REALTOR®.

Such as “What will I owe in capital gains tax if I sell my cottage?”
With the sale of any property, you are required to report it to the CRA and pay the applicable capital gains tax. This includes the sale of your beloved family cottage. The CRA does offer an exemption on this appreciation tax to principal residences, which could possibly apply to your cottage. Let me explain.
 
If you enjoy your cottage as your vacation home and it IS NOT  your principal residence then you would be required to pay the applicable capital gains tax at time of sale. How much exactly? The amount that you will owe depends on the appreciated value from the time you purchased the cottage 
 
For example,  if you purchased the cottage for $200,000 ten years ago and now plan to sell the cottage for $500,000 due to appreciation and improvements you’ve made over the years you would owe capital gains tax on $300,000 (the difference between sell price and purchase price).
 
On the other hand, if your cottage IS your primary residence then you may be exempt from paying any capital gains tax.
Although the sale of a principal residence still needs to be reported to the CRA it is exempt from being taxed on capital gains.
In some scenarios, your cottage may start off as your vacation home but become your primary residence after some time.  If this is the case, the tax owed on capital gains is based on the appreciation before it became your principal residence. 
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For example, you purchased the cottage for $200,000 ten years ago but moved in to the cottage as your primary residence after five years of ownership. At that point the cottage had appreciated in value to $250,000.  In the five years since you’d been living there, you completed improvements increasing its value further and intend to sell it now, another five years later, for $500,000.
 
In this scenario you would only owe capital gains tax on $50,000 (the value of the property at the time it became your principal residence less the original purchase price). You would be exempt from paying the capital gains tax on the additional $250,000 in appreciated value over the five years that the cottage was your principal residence.
 
Contrary to popular belief, capital gains are not taxed at your marginal tax rate. Only half (50%) of the capital gain on any given sale is taxed all at your marginal tax rate (which varies by province). On a capital gain of our example of $50,000 for instance, only half of that, or $25,000, would be taxable. For a Canadian in a 33% tax bracket for example, a $25,000 taxable capital gain would result in $8,250 taxes owing. The remaining $41,750 is the investors’ to keep.
 
If you’re thinking of selling your cottage we can help make sure you are asking the right questions and getting the answers that you need. You can reach out to us at 519.586.7922.

Your Real Estate Fix of the Week 02.22.18

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We’ve got a lot to offer with this week’s new listings!  A cozy community home, an investment beach property, a great office space to lease and a country paradise with a new price.  You can view all of our listings on our website at www.eriesedge.com/for-sale. Click on the images below to view the detailed listings.


Nestled in Tillsonburg’s relaxing Hickory Hills Adult Community you’ll find this inviting home. With a spacious layout and large windows brightening the space and offering a neighbourhood view, you’ll surely feel right at home at 7 Hawkins Crescent.

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There’s a good chance that this awesome investment property at 21 Brock Street in Port Burwell is going to be a favourite. Offering 2-1 bedroom apartments with parking spots and within walking distance to the beach, shops and restaurants in beautiful Port Burwell there’s no doubt about its popularity!

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This one’s for the professionals. Grab up this lease for a great office space in downtown Simcoe at 92 Norfolk Street South, Unit 2. With 4 spacious offices and plenty of parking this is the perfect place for your business!

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A beautiful brick ranch in a stunning country location. Sitting on approximately 4 acres of green property, you’ll be just minutes from town amenities. Surrounded by fields and full of potential, 292325 Culloden Line in Brownsville could be your paradise!

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For more information on these or any listings please leave a comment, or give us a call 519-586-7922.

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Your Real Estate Fix of the Week 02.15.18

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 Stunning views, amazing locations, and beautiful homes are what you’ll find with this week’s new listings! You can view all of our listings on our website at www.eriesedge.com/for-sale. Click on the images below to view the detailed listings.


Allow yourself to lounge at this luxurious custom built home. The open concept design, contemporary kitchen and stylish finishes will welcome you at 56537 Heritage Line in Straffordville. And you’ll truly get to relax on the epic back deck enjoying a stunning country view.

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A piece of country paradise! A pristine home and picturesque hobby farm sitting on 11 peaceful country acres. With a spacious layout and a beautiful patio paired with a double garage and a detached shop. 324405 Mount Elgin Road is pretty close to perfection.

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Cozy up close to fireplace at 11 Centre Street in Port Rowan. The eye-catching free standing gas fireplace creates that comfortable at home feel throughout this spacious 4 level back split. You won’t need to venture far to take advantage of Port Rowan’s convenient amenities and harbour front views.

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For more information on these or any listings please leave a comment, or give us a call 519-586-7922.

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Norfolk’s Fav Chicken Wings

Amazing adventures, locally grown goods, authentic wineries & breweries and inspired restaurants.  Norfolk County does a lot of things right and serving up epic chicken wings just happens to be one of them!

We took of a poll of Norfolk’s favourite places to order wings and here’s what you had to say about it!

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The Blue Elephant

This ever-evolving Simcoe favourite creates with fresh, local ingredients and continues to serve up exceptional wings to their patrons. The best part is that their rave worthy drum sticks, flats and sauces can be paired with their very own draught beer. With a variety of small batch fresh brew to chase down your dinner, you will not be disappointed on wing night at this local brew house!

The Catherwood & The Kiln

Tucked deep in rural Norfolk County is this inspired rustic gem. The Catherwood and the Kiln is best known for their gourmet pizza and incredible wings. Their facebook page is filled with rave reviews from happy customers on their authentic style, awesome service, and delicious food! Venture out to Vittoria and give this one a try for yourself.

The Boathouse

In the summer months, you’ll find this harbour front Port Rowan restaurant is a popular choice for both locals and tourists. Aside from their perfect pickerel and perch dishes (a tip from this Port Rowan local), their mouth watering wings have their customer’s buzzing! Maybe it’s the tequila lime sauce, or maybe it’s the lemon pepper rub that keep bringing customer back for more!  Saucy or dry, stop in at The Boathouse and order up a couple pounds of these juicy wings.

The Barrel

This traditional Italian restaurant has steadied as a local Simcoe favourite for as long as I can remember.  In traditional style, you can order the Barrel’s wings in mild, medium, hot, suicide, or honey garlic. There’s something to be said for enjoying a classic wing night at an authentic and comfortable local restaurant.

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The Beach House

A picture perfect beach front view is certainly not the best part about this Port Dover restaurant. Their incredible menu is the real treasure. Some may say it’s their perch, and some certainly say it’s their chicken wings! With menu inspirations from local sources as well as some local names found on the beer and wine menu, The Beach House is the perfect local place to enjoy a wing night out.

Sandbar on the Beach

With an enticing creative menu and incredible view, there’s no doubt that Sandbar on the Beach is serving up some popular chicken wings. With some serious wing sauce and dry rub options to choose from you’ll need need to make a few visits to this Turkey Point restaurant to try them all (which we highly suggest you do)! The relaxed beach vibes and unique local inspired menu make this waterfront restaurant is an awesome place to kick back and order up some their amazing wings!

211 Main

A 3 tier patio, live music, and a unique menu set the tone at this Port Dover Pub.  Their customers are raving about more than just a few of their menu creations and the chicken wings are definitely getting mention! These hand breaded favourites are tossed in some totally unique sauces including garlic maple cajun and peanut butter! You’ll need visit 211 Main to cross a couple of these amazing flavours off of your chicken wing bucket list.

 Uncle’s

Port Rowanites must love their chicken wings as this is the second restaurant from the quaint lakeside community that is serving up popular wings in Norfolk!  Uncle’s offers a casual vibe and is definitely doing the classics right. You will not be disappointed with an order of chicken wings (or any menu choice) from Uncle’s and you will certainly be welcomed with friendly small town service.

Three West Trends 

If you like your wings giant, juicy, saucy and with a perfect crunch then you will love the wings at Three West Trends in Simcoe. There is a full menu of sauces and rubs to choose from to dress your wings including apple butter mesquite, butter chicken, lemon pepper and (my personal favourite) hot butter! Make your visit Monday through Thursday to take advantage of their popular wing night special!

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Swazzee’s

There’s no doubt that this small town sports bar is serving up some crowd pleasing chicken wings. While it’s been a popular local establishment for years, it’s recent renovations have created an awesome space for watching a game, catching some live music, or joining in on Karaoke night. According to their fans, Swazzee’s in Waterford is the place to go for some great chicken wings and a fun night out!

The Hideaway

This particular wing joint is another rustic rural find.  The hideaway can be found on a side street in Langton and it’s worth a second look.  These delicious wings are served up smothered in flavourful sauce and we’ve also heard that their pizza is a must try.

Circus Room

Famous for their poutines and stacked burgers, their wings are getting noticed too. The Circus Room is offering some unique twists on family restaurant classics including the mouth watering wing sauces. Their exciting menu states that these delicious wings are fresh, local, and as large as they can get!

Craving an order of wings yet? Let us know which of these Norfolk favs you’ll be ordering your next pound of wings from!

New Year Begins with Lack of Homes for Sale

The number of Norfolk County house sales declined by 40% while the average price increased by 31.48% to $400,253.00 year-over-year for the month of January.

New listings also dropped by 15.19% causing continued low inventory levels while properties continued to sell quickly – – – 18.46% faster than January 2017.
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In Simcoe, the average sale price climbed from $246,749.00 to $288,190.00, an increase of 16.75%. There were 28.57% less properties offered for sale in the town of Simcoe in January compared to the same month a year ago.
 
Port Dover which has experienced significant price appreciation in recent years saw an average price increase of less than 1% in January in a year-over-year comparison.  At the same time, the number of sales were down by nearly 72% and new listings were also down by over 44%.  
 
The minor Port Dover average home price increase may be a result of changing Greater Toronto Area (GTA) home prices.  Many Port Dover home buyers are relocating from the GTA to Port Dover.  
 
Toronto area home prices dropped 4.1% year over year declining to $736,783 on average in January.  Sales and prices in the Toronto region are expected to climb again in the latter half of the year as the market shakes off the dampening effect of the Ontario Liberal government’s Fair Housing Plan of last April, including a foreign buyers tax.
 
Delhi once again saw some huge fluctuations in year over year activity.  The average price skyrocketed by 49.96% to $336,200, properties sold 23.81% faster, while listings dropped by 25%.  This can be attributed to Delhi’s relative affordability in comparison to other Norfolk communities. 
 
Waterford, Turkey Point and Long Point only combined for 4 total sales in 2018 up from 2017 with 1 total sale between the 3 communities.
 
If you are considering selling this winter, the market conditions remain a seller’s market.  Low inventory, high demand, reduced listings and quick sales are all favourable conditions for selling.  Don’t let the winter snow and cold keep you from listing this winter. Contact us to discuss specific market conditions for your home, and a plan to get you where you want to go, on time!