Novak Nikolic- Engel & Völkers

Pathway to…

𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙚 𝙛𝙤𝙧 𝙅𝙖𝙣𝙪𝙖𝙧𝙮 𝟐𝟎𝟐𝟐:

The average selling price across all types of properties is slowly creeping toward that million mark. For the second month in a row, the average detached home broke that record, this time coming in at $1,152,707. The average semi-detached and condos are selling for averages of $849,845 and $538,239 respectively 🔥 . If you’re considering selling, THIS IS THE TIME!

𝙎𝙝𝙤𝙪𝙡𝙙 𝙄 𝙘𝙤𝙣𝙩𝙖𝙘𝙩 𝙩𝙝𝙚 𝙇𝙞𝙨𝙩𝙞𝙣𝙜 𝘼𝙜𝙚𝙣𝙩 𝙤𝙧 𝙝𝙖𝙫𝙚 𝙢𝙮 𝙤𝙬𝙣 𝙧𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙫𝙚?

This is a question that we get asked a lot and there are many misunderstandings when it comes to this topic. The first is thinking that only the listing agent can show you the home. Any licensed Realtor will be able to show you the property! The second is thinking that the listing agent will give you a discount or a “deal”. In multiple offer scenarios, which most are in today’s time, this doesn’t really apply. The third misunderstanding is that the listing agent will know the property better and be more likely to point out things of note. Having your own representation means that you have someone fighting for you and protecting your interests first and foremost. We always communicate back and forth with listing agents if there are any questions that we can’t answer ourselves. As Realtors we are obligated to find out the most information possible to assist our clients.

The most important thing about having your own representation is that you are working with someone who knows your needs and concerns and are on your side to get you the perfect home!

Found my amazing buyers some equally amazing properties recently!

𝙄𝙣-𝙇𝙖𝙬 𝙎𝙪𝙞𝙩𝙚𝙨 𝙫𝙨 𝙇𝙚𝙜𝙖𝙡 𝘿𝙪𝙥𝙡𝙚𝙭𝙚𝙨

Lots of listings are now featuring an in-law setting. This could cause confusion with buyers as some people assume that it is also a legal duplex. There are certain criteria and codes by the city/ township that need to be met and a permit must be obtained before it can be called a legal duplex. If the unit is something that you need to be legally duplexed (such as if you plan to rent it out with intention to collect rents), I would always advise further investigation.

If you have any questions in regards to anything Real Estate, don’t hesitate to reach out!

𝙏𝙚𝙨𝙩𝙞𝙢𝙤𝙣𝙞𝙖𝙡 𝙏𝙪𝙚𝙨𝙙𝙖𝙮… 𝙖 𝙙𝙖𝙮 𝙡𝙖𝙩𝙚 😂
 

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟏𝟐𝟑 𝙎𝙖𝙢𝙪𝙚𝙡 𝙎𝙩𝙧𝙚𝙚𝙩

Packed with character, nicely updated, and situated in the geographic heart of Kitchener’s coveted East Ward is this tidy two-plus-one bedroom home.  123 Samuel Street offers plenty of living space across three finished levels, cheerfully decorated and with abundant natural light, it’s the perfect place to get your family started on the journey of home-ownership in KW.  With a location mere minutes on foot from primary schools of both boards, walkable to the hundreds of businesses and amenities of DTK, only a couple of minutes away from expressway access to destinations beyond, and on a mature, tree-lined street, it’s not very difficult to see why the East Ward has remained at or near the top of the list of Waterloo Region’s best neighbourhoods for years now.  Outstanding features here include a total of three bathrooms (a rarity for homes of this style and vintage), and a finished basement that’s well positioned to serve as a potential in-law suite, with a kitchen, bedroom and washroom of its own, plus an egress window.  At the rate the market is moving, you can be sure this home won’t be available for long – call today!
 

𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙚: 𝘿𝙚𝙘𝙚𝙢𝙗𝙚𝙧 𝟐𝟎𝟐𝟏

The market is still same level that it has been for the last few months. We have record low supply but of course the demand is still high. Throughout the fall months, we had been leading up to break a million dollars for the average price of a single detached home and December finally did that with an average of $1,021,353. Please dm or call with any questions!

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟑𝟗𝟖𝟕 𝙍𝙤𝙖𝙙 𝟏𝟏𝟏, 𝙎𝙩𝙧𝙖𝙩𝙛𝙤𝙧𝙙

Comprehensively updated in a stylish contemporary fashion and nestled on a maturely treed and sprawling 100 x 200 foot (almost half an acre!) lot is this highly impressive three-bedroom, three-bathroom bungalow. With a combination of luxury features, high-end finishes, graciously proportioned living spaces and an enormous lot without parallel at this price point, number 3987 Road 111 is sure to tick all of the right boxes for anyone who’s been searching for a home with enough space for their growing family. Plus, with its location only seconds off from Highway 8, you can be in Downtown Stratford in under 10 minutes, or in the heart of Kitchener-Waterloo in less than half an hour. Stepping inside from the tidy landscaping and interlock walkway, you’re greeted immediately by expansive open-concept living, swathed in modish neutral décor. New flooring, custom built-ins and potlights galore define the living space, the highlight of which is an impressive floating gas fireplace and stone mantle. The large entertainer’s kitchen features prep-space aplenty, which is surrounded by quartz and granite countertops and built-in appliances including the gas range. Two bedrooms are featured on this level, including a primary suite with walk-in closet, an updated ensuite bath which boasts a double vanity, and private access via double french doors to the spacious back deck. The main updated five-piece family bath rounds out this floor. Down below in the fully finished lower level, you’ll find a ready-made in-law suite complete with eat-in kitchen, roomy living spaces, a bonus bedroom and yet another bathroom with dual vanities – all accessible via a separate entry. This package is completed by a backyard that’s just made for summer entertaining – the 20x40 concrete pool, large deck with covered dining area and fenced grounds are an ideal venue for outdoor get-togethers with friends and family. Call today before this home is off the market for good!

𝙎𝙩𝙖𝙧𝙩𝙞𝙣𝙜 𝟐𝟎𝟐𝟐 𝙤𝙛𝙛 𝙧𝙞𝙜𝙝𝙩. 𝙁𝙞𝙧𝙨𝙩 𝙨𝙖𝙡𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙮𝙚𝙖𝙧!

11 Southridge Drive: Nestled in the quickly maturing and family-friendly reaches of Kitchener's Doon South, 11 Southridge Drive presents a total of five bedrooms and four washrooms across three fully finished and generously proportioned levels of living space. This full-size executive home is sure to provide the space and flexibility your growing family requires, plus the convenience of a location which lies only a few minutes from the 401 at Homer Watson Boulevard. Enter from a covered front porch into the classically handsome main level, which offers bountiful upgrades and commanding nine-foot ceilings throughout its graciously sized principal rooms. A brightly lit and open concept formal living and dining space flows seamlessly into the large contemporary entertainer's kitchen at the rear of the home, which features gleaming granite countertops, a sizable centre island with pull-up breakfast seating, subway style backsplash, timeless white shaker cabinetry and elegant crown molding. Large bay windows frame the adjacent dinette, which in turn overlooks the family room with gas fireplace - perfect for snow-bound winter nights. A super-handy laundry/mud room provides direct access to the attached double garage, while the requisite powder room rounds out the level. Moving upstairs, you'll discover a total of four large bedrooms, including an expansive primary suite with spa-like five-piece ensuite, ample room for auxiliary seating and dressing space and, of course, the walk-in closet. Meanwhile, the main family bath is yet another five-piece unit, its double vanity easing the strain of the morning rush. A convenient upstairs office makes it an ease to work from home. The lower level is comprised of a sprawling rec room, plus a bonus fifth bedroom, three-piece washroom, utility space and ample storage. All of this is set on a fully fenced, 114-foot-deep lot, which provides ample room for the kids to blow off steam and new windows (2021) throughout will provide ease of mind!

𝙒𝙚 𝙡𝙤𝙫𝙚 𝙖 𝙜𝙤𝙤𝙙 𝙨𝙝𝙚𝙡𝙛𝙞𝙚 𝙢𝙤𝙢𝙚𝙣𝙩!
Shelves are often overlooked when listing a property and people usually have either too much happening on the shelf or not enough. The key with built-ins is to highlight the actual shelf by adding just enough items. Cookbooks, cake stands, bowls and vases are great for kitchen shelves and of course greenery and fresh produce, especially citrus and herbs are always a nice touch.

Styling by

Wishing you a Merry Christmas from our family to yours!

Thanks so much for your kind words Les and Pauline! It warms our hearts to receive testimonials like this 😊

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟏𝟗 𝙊𝙥𝙧𝙞𝙣𝙜𝙩𝙤𝙣 𝘿𝙧𝙞𝙫𝙚, 𝙆𝙞𝙩𝙘𝙝𝙚𝙣𝙚𝙧

This three-bedroom family home lies in the mature West-Kitchener neighbourhood of Highland West. Surrounded by parks, walkable to elementary schools of both the public and separate boards, five minutes from the expressway at Fischer-Hallman Road, and right around the corner from the many amenities of Highland Hills Mall – this location is handy to everything and proposes a great lifestyle for busy families! 19 Oprington Drive is a bright and open concept raised bungalow with an interestingly unique layout. Centred around an elevated kitchen with a massive island, two bedrooms can also be found on the upper level, which walks out to the fully-fenced rear yard and expansive two-tier deck. Down below, the nicely illuminated sunken living room is accompanied by the third bedroom, a spacious laundry room with plenty of storage, and access to the attached single garage. Best seen in person! For more information or to schedule a tour, contact us today.

𝙉𝙤𝙫𝙚𝙢𝙗𝙚𝙧 𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙚 𝙞𝙨 𝙞𝙣!

Detached homes are selling for an average $990,447 with semi-detached selling for an average of $717,143 and condos for an average of $494,548 🔥

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟖 𝘽𝙡𝙤𝙬𝙚𝙨 𝘿𝙧𝙞𝙫𝙚, 𝙎𝙩𝙧𝙖𝙩𝙛𝙤𝙧𝙙

This supremely stylish and nearly-new bungalow sits in Stratford’s quickly growing northern reaches. Just a few years young, 8 Blowes Drive is composed of a total of four bedrooms (two on the main level, with two additional (and very roomy) ones on the bottom, plus a total of three washrooms. Open concept principal spaces for entertaining or relaxing are chock-full of fashionable finishes everywhere you look – from avant-garde lighting to trendy tile and hardwood flooring, and from shiplap accent walls to coffered vaulted ceilings. A main floor gas fireplace adds its warmth to the airy nine-foot ceilings, while its electric counterpart does the same in the finished basement. The high-end kitchen boasts loads of high end touches, plus a large central island with pull-up seating and pendant lighting. The main-floor primary suite offers a gracious walk-though closet which leads into the luxury ensuite bath, complete with soaker tub, glass shower enclosure, and dual vanities. In addition to the two extra bedrooms on the lower floor, you’ll also find a four-piece bath, kitchenette, and separate walk-up access to the garage – ideal as an in-law setup. The attached double garage provides versatile space for parking or storage, with room to park an additional four vehicles in the private double-wide drive. Back outside, the fully fenced yard contains a large covered patio with potlighting and a gas hook-up for BBQs and warm weather outdoor entertaining. All of this comes protected by four pre-installed security cameras for peace of mind. Contact us today for additional information.

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟓𝟗𝟐 𝙍𝙪𝙨𝙩𝙞𝙘 𝘿𝙧𝙞𝙫𝙚, 𝙒𝙖𝙩𝙚𝙧𝙡𝙤𝙤

Make a statement with this magnificent contemporary luxury residence, nestled in Waterloo’s mature and prestigious enclave of Colonial Acres North. Recently designed and constructed to exacting specifications, all 3,600 square feet, five bedrooms and five bathrooms of 592 Rustic Drive bristle with high-end finishes and opulent details. Towering 10-foot ceilings throughout the main floor let you know right away that this home is something special. Tastefully clad in grey tones of stone, brick and stucco, curb appeal isn’t left behind either – with the sizable 70x140 foot lot offering loads of potential for custom landscaping. The extra-large double garage and expansive private double drive provide parking for up to eight vehicles, and expressway access at University Avenue East lies just five minutes away – a great combination for anyone with business interests lying a little farther afield. Handy to both public and separate schools, the natural beauty of multiple parks, trails and the Grand River, minutes from RIM Park and Grey Silo Golf Club, and a short drive from Uptown Waterloo and both major university campuses. Call or click today for additional details, or to schedule your own private tour.

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟐𝟏 𝙈𝙞𝙘𝙝𝙚𝙡𝙡𝙚 𝘾𝙤𝙪𝙧𝙩, 𝙆𝙞𝙩𝙘𝙝𝙚𝙣𝙚𝙧

This tidy three-bedroom, three-bathroom family home sits atop a quiet, low traffic court in west Kitchener’s Forest Heights. Great flexibility is on offer here, with a total of three bathrooms easing stress on busy mornings, a finished basement that features a home office (ideal for newly-minted WFH’ers), a very deep (189 feet) and fully fenced pie-shaped lot with more than enough room for the kids to blow off steam, and a private double-drive with adequate room for multiple vehicles (plus one more in the attached garage). Nice touches can be found both inside and out, with his and hers walk-in closets in the primary bedroom, and a firepit in the pool sized backyard for cookouts and story time. This location lies mere minutes from both public and separate primary schools, right around the corner from multiple parks and trails, less than five minutes from the expressway at Trussler Road, and minutes from extensive shopping, service, healthcare provides and restaurants all along the length of Ira Needles Boulevard. A wonderful opportunity for a young and growing family! Contact us today for further details.

Congrats to all of my clients who have recently purchased properties! I love helping people find their for right now, forever, or for investment homes

𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉!

Colonial Acres ✔️
Newly built with high end finishes ✔️
5 bed, 5 bath ✔️
Primary Bed with his and hers walk-in closets and Ensuite ✔️
Secondary Bed with Ensuite and Study Room ✔️
Home Office for WFH’ers ✔️
10ft ceilings ✔️
Large lot ✔️
Extra-large double car garage ✔️
Driveway large enough for 8 cars ✔️

This house will check all of the items off your list
Contact for me details…

𝟒𝟒 𝙋𝙚𝙩𝙚𝙧 𝙎𝙩𝙧𝙚𝙚𝙩- 𝙀𝙭𝙘𝙡𝙪𝙨𝙞𝙫𝙚 𝙇𝙞𝙨𝙩𝙞𝙣𝙜

Looking for a house will all the amenities? This fully-finished basement has been comprehensively updated in the past few years, and plays host not only to the aforementioned guest suite, but also a luxury wet bar with its own granite counters and appliances, a gym, a wine cellar with attached cold room, a sauna with its own shower and steamer, large storage space with more custom millwork, and a secret hidden room.

𝙅𝙪𝙨𝙩 𝙇𝙞𝙨𝙩𝙚𝙙: 𝟓𝟎𝟏-𝟏 𝙑𝙞𝙘𝙩𝙤𝙧𝙞𝙖 𝙎𝙩𝙧𝙚𝙚𝙩 𝙎𝙤𝙪𝙩𝙝

Here’s an opportunity to own in style at one of DTK’s most well-known addresses – One Vic. This sleekly contemporary one-bedroom plus den unit offers north-facing fifth-floor views of our region’s burgeoning core district and the University of Waterloo’s School of Pharmacology, all from a super-modern and open-concept perch. Natural light floods the living space, which also offers high ceilings, a large balcony, and a high-quality kitchen with upgraded countertops and ceiling-height cabinetry. Additional storage is conveniently located just down the hall, in your own double-spaced storage unit. Owner-exclusive parking can be found in the garage, while anyone seeking a walkable lifestyle more dependant on public transit will appreciate LRT access only steps from the building’s main door at Central Station. Kitchener-Waterloo’s brand new multi-purpose transit hub will be opening in the next few years just kitty-corner from your new home as well! Steps from all manner of employers – Google, Communitech, UW and more are within five minutes walking time. For more on this ideal starter for any young professional or downsizer, get in touch with us today!

𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙚 𝙛𝙤𝙧 𝙎𝙚𝙥𝙩𝙚𝙢𝙗𝙚𝙧:

Home prices and sales are continuing to reach new heights. The average selling price for a detached home is $963,646! There is still a large demand from Buyers with multiple offer scenarios being common on most properties but we are starting to see a small comeback of conditional offers on select properties that aren’t moving.

If you have any questions as always, feel free to reach out.

𝘑𝘶𝘴𝘵 𝘓𝘪𝘴𝘵𝘦𝘥 137 𝘙𝘦𝘥𝘵𝘢𝘪𝘭 𝘚𝘵𝘳𝘦𝘦𝘵, 𝘒𝘪𝘵𝘤𝘩𝘦𝘯𝘦𝘳

This full-size, five bedroom executive home sits tucked away in one of Kitchener’s most desirable suburban enclaves – Kiwanis Park. Replete with fine touches and high-end materials, 137 Redtail Street offers all of the room your family will need to grow, learn, work, relax, and more. The main floor features the amenities one would expect from a home of this calibre: carpet-free, graciously proportioned open-concept living spaces, tall ceilings and loads of natural light. The sleek contemporary kitchen is supplemented by the formal dining space, while the additional main floor office provides space and flexibility for anyone who may have found themselves recently making the transition to working from home. A total of four bathrooms will surely make things easier for large families, which includes not only the primary ensuite (which also boasts a substantial walk-in closet), but an additional ensuite bathroom as well in the secondary bedroom suite. Meanwhile, the 135-foot deep lot is home to a fully-fenced backyard paradise, complete with a mature vegetable garden, pear and apple trees, and an expansive stamped concrete patio for warm-weather entertaining or intimate al-fresco family dinners. All of this is located mere minutes from the expressway at University Avenue, under 15 minutes from both Uptown Waterloo and Downtown Kitchener, and within easy striking range of schools, groceries, parks, riverside trails, and more.

List Price: $1,249,000
MLS # 40164681

We’re soaking up the last bit of summer dreaming that we were spending it here! Wishing everyone a wonderful labour day

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The stats are out for August and the key word is Inventory. Compared to July we saw a 12.6% decrease in listings (which was already low) and compared to August 2020, we saw a whopping 29% decrease. Prices have stabilized a bit when comparing to previous months but the average selling price is still over $750,000.

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Our new kitchen plans have been finalized and this was a major inspiration when we were coming up with design ideas. We loved how the black range hood really makes it a focal point for our open concept floorplan.

𝙐𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙇𝙖𝙣𝙙 𝙏𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝙏𝙖𝙭
Buyers in most areas will have to add Land Transfer Taxes to their closing costs⁠
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Land transfer taxes are a part of the process in Canada unless you live in Alberta, Saskatchewan, or rural Nova Scotia. These taxes, levied on properties that are changing hands, are the responsibility of the buyer. Depending on where you live, taxes can range from a half a per cent to two per cent of the total value of the property.⁠
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Many provinces have multi-tiered taxation systems that can sometimes be difficult to understand. If you buy a property for $260,000 in Ontario, for example, .5 per cent is charged on the first $55,000, 1 per cent is charged on $55,000 - $250,000, while the $250,000 - $400,000 range is taxed at 1.5 per cent. Your total tax bill? $2,375.00.⁠
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The following chart illustrates Land Transfer Taxes in Ontario:⁠
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Up to $55,000 X .5 % of total property value⁠
From $55,000 to $250,000 X 1 % of total property value⁠
From $250,000 to $400,000 X 1.5 % of total property value⁠
From $400,000 up X 2 % of total property value⁠
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