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Orillia, ON Real Estate News

By Mark Vosylius, Toronto, Ontario
(Mana Investments )
Disappointing Budget for real estate investorsThe recent budget presented by the Tory government was a disappointment for small real estate investors who use real estate holdings as a way to build a retirement fund. The expected elimination of the capital gains tax when re-investing back into real estate did not come into fruition as Minister Jim Flaherty alluded to in his election promises.That means for us investors, if we sell one of our investment properties and realize a capital gains on the profit, we will be taxed even if we use those profits to re-invest. This is certainly a deterrent to the thousands of small landlords who see potential profits in the sale of their investments but hesitate to sell due to the existing capital gains laws.MANA REAL ESTATE GROUP Our focus is on rea...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
We here is Canada and more locally, in Simcoe County, know that we are not in a recession. Our good friends to the south of Barrie ( and I don't mean Innisfil or Bradford!) are certainly headed that way. I'm of the opinion of buying when everyone is selling and selling when everyone is buying. When its a buyers market, prices are pushed down due to a large amount of supply, (homes for sale) on the market. And the opposite is true in a sellers market. Prices are pushed up due to a increease in demand ( people wanting to by homes).This article in the Arizona Republic http://www.azcentral.com/arizonarepublic/business/articles/0227biz-ev-canadians0227.html  makes it clear tha some Canadians are getting it right. They are buying now when everyone is selling. Thus they are buying at low price...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Orillia's time has come for a local for sale by owner real estate company With all the growth predicted for Orillia, it is only a matter of time before we will see new and novel approaches to selling your home on your own. Growth means change and change is coming to Orillia Ontario.  In many ways Orillia and the close surrounding area of Washago, Cumberland Beach, and Warminster can handle it. In fact they are begging for it. Many transplanted people now live in these areas and are used to seeing growth and the accompanying change that goes with it.  Orillia is crying out for a for sale by owner company like homes by owner. Homes by owner is not your average or typical fsbo internet site. The biggest difference between us and other private home sellers, is that we believe in working sid...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
Another one bites the dustIn New Zealand another discount/flat fee brokerage folds under the pressure. Our initial reaction is ..."see I told you that discounting doesn't work !!...don't cut commission fees," But is that that the "right reaction?" What I mean by that is, upon analyzing the trends in real estate, discounters are nothing new.  I think the question we need to ask is WHY do discounters fail? I mean if you offer less of a service, well then you can charge less of a service. Right? Which means as a business model, you should survive and grow. The for sale by owner market offers the "least" amount of service as it appeals to the do-it-yourself crowd. So my question now is, where is the middle ground? that is, how much do you charge? I mean how does the real estate professional...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
For Sale By Owners Grow as MLS Brokerages cut back This article is proof why the fsbo real estate market can survive "downturns" in the market. We all know that real estate is cyclical in nature, and it is in the down cycle that the poorly managed brokerages will be weeded out. But as mentioned before, we are in a "brave new world" when it comes to home sales. The real estate landscape has been transformed. The web has slowly changed how buyers and sellers find each other. The for sale by owner companies like homes by owner in Orillia and Barrie are proof of that change. It is in the down cycles that the for sale by owner market actually grows even more. http://www.stuff.co.nz/stuff/dominionpost/4411667a6482.html Homes by The Owner sell (at) homesbytheowner.ca We do private real estate ...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Selling a home or piece of real estate yourself is not as daunting as you think. It's like going swimming for the first time, yes there are dangers, yes it's an uneasy feeling floating around, but after awhile its fun and actually turns out to be good for you. Selling your own home is exactly like that... What you really dealing with when you sell on a for sale by owner web site is fear. And FEAR is an acrostic that stands for False, Evidence, Appearing, Real.  You really don't know what the fear is, until you face it head on. Your mind will tell you what COULD happen, but in the end non of it is real until you try it yourself. Yes real estate agents will tell you horror stories of all the work it will be but in the end people are selling their own homes everyday and saving thousands. W...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
The beginning of the end for mlsThe day the mls went public onto the internet was the day it changed itself forever. There used to be a day when you had to call a real estate agent to find out what's available because they had those special books that had all the listings. For me that book was a gold mine, an exclusive boys club which only licensed members had access to. The mls system back then was like its own private internet. And you could only view it when in the presence of licensed real estate agent. However those days are gone. 72% of all people looking for a home now START with the internet. They do not need a "special agent" guiding them through the exclusive listing books. If they see something they like on the web, they have the option to call the listing agent directly.  Th...
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By Landen Group
(Inc)
It is with pleasure that we announce that with much anticipation Landen Group has now opened up a regional office in Orillia located at 53 West street North. Landen Group is presently developing sites throughout the City of Orillia which will come on the market in the near future.
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Beautiful Semi-detach in Orillia Ontario This well kept home in Orillia's North Ward is for sale by owner and is actually a legal semi. Yes, you get 2 homes for the price of one!  Located at 90 and 92 West St North it is minutes to downtown and the famous Orillia Opera house.  It is huge with over 3300 square feet, fenced yard, gourmet kitchen, 10 ft ceilings, hardwood flooring, and a covered porch. It is presently used as an investment property and has strong cash flow. But because of its unique layout is can easily be converted back to a single family home.  From here you can walk to Lake Simcoe and enjoy the local beach. For pictures and more information visit: http://www,homesbytheowner.ca As well, for more general real estate information about Simcoe County and selling by fsbo visi...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
New Listing near Casino Rama, Fawn Bay Road Beautiful 2400 square foot home minutes to the Casino Rama and only 10 minutes to downtown Orillia. Walk to Lake Couchiching and deeded beach. Located at 5576 Fawn Bay Road, it is ideal for those that want country living and yet still have all amenities close by. Huge 1 acre lot, this 15 year old home has lots of trees, new deck as well as a 2 year old roof.   For more information on this and other homes in the Orillia and Barrie areas: www.homesbytheowner.ca For more information on why buying for sale by owner real estate in Orillia is a good investments visit: www.activerain.com/propertybytheowner  Homes by owner Your For Sale by Owner Team in: Orillia, Gavenhurst, Bracebridge, Bala , and Barrie Ontario, Georgian Bay, Simcoe County, Midland ...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
The Sub-Prime and CanadaCanada's sub prime mortgage market is between 3-5%. That means that 3-5% of all mortgage loans on homes are subprime. In the US, the subprime is 25-27% of all mortgages. There is no "sub prime mess" in Canada. Our mortgage laws are different. They prevent subprime originating mortgages from ballooning past 5%. Thus limiting the overall mortgage debt carried by our banks to a minimum. For the first time in my life ( yes I'm pushing 50) the old adage where "when the US sneezes, Canada catches a cold" is now reversed. The US has a cold and Canada might sneeze. And when I mean Canada, I am referring more to Central Canada ( Ontario, Quebec).How does this affect our real estate holdings? Well for those with cash flow properties, the affect will be minimal to good. Tha...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
History is repeating itself in OrilliaI always knew that Barrie and Orillia were on the move in an economic sense. Who from Toronto has not driven through there on the way to the Muskoka's and not noticed all the change over the last 20 years? Once Barrie moved across Hwy 400 about 20 years ago and began building new homes, that is when the real change occurred. That is when Barrie began to really grow.Now lets move up 10 minutes to Orillia. 5 years ago they moved across Hwy 11. Now the new University is coming to town. The new Wal-Mart Super centre is going up in Orillia...Does Wal Mart create local waves in the economy? I can bet my bottom dollar that for the next 20 years Orillia will be great place to invest in real estate.Mana Real Estate Group
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
FSBO -11 Coldwater Road Another great opportunity to invest in Orillia Ontario. This for sale by owner property is a large 4 plex with 3500 sq ft of commercial space. Huge parking lot in back for over 12 cars. Also the 3 apartments up top include 2 x 2 beds and 1 x 1 bed all fully rented.  Solid long term tenants.  Take advantage of the real estate growth this town is experiencing. Financials available upon request. Viewings by appointment only For more information visit: http://www.homesbytheowner.ca Homes by The Owner Your For Sale by Owner Team in: Orillia, Barrie, Georgian Bay, Simcoe County, Midland Penetang,  Muskoka Cottage country, Grey Bruce and Parry Sound Real Estate districts www.homesbytheowner.ca http://www.manainvestments.com/ http://www.sixstepstosuccess.com/
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Sales of Homes in Orillia Ontario will only go up...take note all you investors!! Do you know what the top 100 fastest growing cities in North America all share ( 2007)? Proximity to high tech hubs, universities, and a strong increase in population.  Lakehead Universtity, Georgian College certainly fill the proximity issue. The growth in population is obvious. The day Lakehead opened its temporary campus at the corner of West and Colborne streets in Orillia with 300 hundred students is the day that Orillia grew by 1% instantly.  The word on the street now around Lake Simcoe is that the new campus will also be home to a new medical research facility that will spin off over 300 million dollars to the surrounding economy.  My money is on Orillia for solid gains in for sale by owner real es...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
Re-finance optionsHere is a plain, easy to read and understand guideline on refinancing your existing mortgage. Although many people normally would not consider doing it (get your mortgage and keep same terms till you sell...), it makes sense for some in a falling interest rate environment.  Whether you are an investor or residential home owner, these guidelines make sense, when compared to the penalties involved.  http://www.msnbc.msn.com/id/23135212/ MANA REAL ESTATE GROUP Your Full Service Real Estate Team . We do investments, property managing and for sale by owner ( fsbo) real estate in the  Barrie, Orillia, Midland-Penetang, areas. Also Collingwood, Innisfil, Wasaga Beach, Alliston, Owen Sound, Parry Sound, Muskoka, Gravenhurst,  Bracebridge, Honey Harbour, and Parry Sound areasww...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
Assignment or Wholesale Real Estate We just completed an assignment on 170 Nottawasaga St in Orillia. Assignments are great ways to "be" in the real estate business without having your license. Simply put, you put under contract under valued real estate properties. It's like you become a wholesaler. You buy low, then sell with a small assignment fee attached. You do this by sourcing out good valued properties, complete a purchase and sale agreement, and hopefully before you waive conditions, you "assign" the contract to another investor. This can be tricky as in this case we waived conditions without securing an assignee yet. We bought the property well under market value so we were confident we could find a assignee. I would not recommend doing this under normal circumstances. Once you...
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By Mark Vosylius, Toronto, Ontario
(Mana Investments )
Development StrategiesThe recent  listing of 385 and 387 West St N, in Orillia Ontario is proof that our strategy for this property was correct. In our initial financial analysis we calculated a break-even scenario until such time ( approx. 3 years)  we would sell to a developer. We analyzed the market trends, (population growth, due to new Lakehead University), transportation changes (widening of West St N), and vacancy rates ( 2% vacancy...indicates strong demand for housing...in part due to the combination of the previous 2 in-dices...i.e. the low vacancy is proof of the growth in the region.) Although this property does not cash flow strongly, it does however carry it self, making it an ideal development property. MANA REAL ESTATE GROUP Your Full Service Real Estate Team . We do inv...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
New Listing-Development Potential Orillia Ontario-385 and 387 West St North in Orillia's north ward are prime development lots. With the recent widening of West Street to accommodate Orillia's projected growth, these 2 properties are an ideal investment for the visionary entrepreneur. The announcement last month of the new Lakehead University campus being built and the projected influx of students, teachers, and service related jobs into the region is a boon for a property like this. Located near the Fittons Shopping Plaza and the Orillia Square Mall, this site is ideally suited for a condo or townhouse project. The present use is multi-family and zoning is RM-4.  Bring offers and ideas. The present owners can be very creative when it comes to structuring a win-win deal!! Viewings are b...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Homes by owner in Barrie and all of the Georgian Bay areas, is a unique and different kind of for sale by owner company. For one thing, we are North America largest with over 50 million visitors a day. Secondly we co-operate with real estate agents. Yes, Let me say that again, real estate agents and homes by owner can work together. What we offer agents in all of Simcoe County, Owen Sound, Muskoka and Parry Sound districts is an opportunity to get your name out to the 1000 of potential clients selling their homes privately on for sale by owner web sites such as homesbyowner.com. We believe that the vendor has every right to try and sell their home in whatever way they choose.  And we at homes by owner in Barrie will do everything we can to achieve that end. However...if it does not sell...
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By HomesbytheOwner.ca-Orillia, Barrie, Collingwood, Innisfil,Midland, Muskoka
(Homes By The Owner .ca)
Downtown Orillia  Ontario...steps to Lake Simcoe. For sale by owner at homesbyowner.com/barrie, 70 West st. North, Orillia Ontario. Well kept legal triplex near corner of West st. N and Coldwater Rd. Apartment one is a large 1 bed with 20 x 15 living room and separate kitchen. Apartment 2 is a 1 bed with large kitchen and updated bath. Apartment 3 is a 1 bed with new appliances. Separate meters, large driveway for parking, storage shed at back, fully firecoded. New appliances in some units and fully updtated electrical. This property has never been vacant! Asking $259.000 Contact Homes By Owner for more information go to : www.homesbytheowner.ca Homes by The Owner ...your for sale by owner team for all of Simcoe county. This includes Barrie and Innisfil as well we sell for sale by owner...
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