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Eric Skicki

Get A Free RENO & Be Featured On TV!

Written by Eric Skicki Tuesday, April 8th, 2014
  • property brothers HGTV

    At one point, we have all seen a real estate show on TV. Whether it was Love It Or List It, Property Virgins, or The Property Brothers. Some of us have wondered what it would feel like to have our home featured on a show. How we would like our home to be renovated or remodeled, and what it would look like after. Then we thought about the show and how much our home would be worth after a reno job was complete.

    The shows spark our imaginations and they let us look at our homes, and sometimes we start noticing what we would like to have changed about our home. Then we contemplate; well, maybe it is time to sell this place and get something else. If this is the case, then we have some great news for you. We have been asked by the producers of the Property Brothers: Buy and Sell, to feature some of our clients on the Tv show. The show airs on the W Network and HGTV. Our sellers: both house and condo sellers, interested in this must know the following:

     

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    • This entry was posted on Tuesday, April 8th, 2014 and is filed under ALL Articles, Articles for Sellers. Tags: ,

    Eric Skicki

    4 Changes Happening Now In The Mississauga Condo Market

    Written by Eric Skicki Sunday, March 16th, 2014
    • Downtown Mississauga

      No New Condo Projects Being Launched 

      In 2012/2013,  there were 5 condo projects in downtown Mississauga which were launched; PSV 1 and PSV 2, Pinnacle Uptown 1 and 2 and Pinnacle Grand Park. Since the market has been healthy and steadily going up, builders are watching the market in order to see how the market will unfold for the rest of the year, and therefore, no new launches have been planned for this year in the Square One Area. However, the five projects mentioned above still have some inventory left over. For those projects with fast approaching occupancy dates, there are currently some great deals and promotions being offered to us. We have a close partnership with PSV and Pinnacle and would love to offer our clients all the perks of condo ownership, along with great offers.

      Pro tip for buyers – If you are still looking to purchase a PSV or Pinnacle condo, now is your chance to get great deals and promotions through us. Contact us for more info!

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      • This entry was posted on Sunday, March 16th, 2014 and is filed under ALL Articles, Market Statistics.

      Eric Skicki

      Hidden Tax Costs When Purchasing A Condo

      Written by Eric Skicki Wednesday, March 5th, 2014
      • hidden fee

        One of the main factors, when choosing a new home, for many new home buyers, is deciding which city is the right fit. Most people will choose a location close to their work. Others may pick a location associated with higher social status. Whichever factors go into your decision, property tax is something you should consider. Property and land transfer taxes are required to be paid to the owner on your Closing Date. The money is split between the city, region, and province. In this article, we will outline the property tax and land transfer taxes associated with purchasing a property in the Square One region of Mississauga.

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        • This entry was posted on Wednesday, March 5th, 2014 and is filed under ALL Articles, First Time Home Buyer. Tags: , , , ,

        Eric Skicki

        A Closer Look At Renting Vs Owning

        Written by Eric Skicki Tuesday, February 4th, 2014
        • rent-or-own

          It is no secret that many of the condo units around the Square One area are rented out to tenants. In fact, in 2013, there were over 1746 recorded lease transactions on the MLS system in the City Centre area alone. This does not take into account any privately conducted leases or lease renewals. Although leasing is a viable option for some, most tenants aspire to be owners one day. Over the years, we have helped many tenants transition from renting to owning a condo in Mississauga. In this blog post, we will break down the cost relating to renting and owning a condo in downtown Mississauga.

           

          The Cost Of Renting Vs Owning

          In the chart below, we compared the monthly carrying costs of an average priced one bedroom condo in downtown Mississauga. Rent is based on the market average of $1,450 per month, and owing is based on a purchase price of $260,000, with $52,000 (20%) down, and at a 3.5% fixed rate amortized over 25 years.

           

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          • This entry was posted on Tuesday, February 4th, 2014 and is filed under ALL Articles, First Time Home Buyer. Tags: , , , ,

          Eric Skicki

          Daniels Erin Mills Pre-Construction Condos Registration

          Written by Eric Skicki Saturday, January 25th, 2014
          • daniel-erin-mills-condos

             

            The well-known builder in Mississauga who brought you condos such as One Park Tower, Chicago and Limelight, will be releasing new condos; “Daniels Erin Mills Condos”. They will be located at 2550 Eglinton Ave W in Mississauga next to Erin Mills Town Centre (Erin Mills Parkway and Eglinton Ave). Daniels has acquired about 6 acres of land on the southwest corner of that intersection. They have planned to build three high rise condos, starting with the West tower, which will have 25 storeys and 300 units. The units will feature 1 Bedroom, 1+1 Bedrooms, 2 Bedrooms and 2+1 Bedrooms. This community will also have 2 and 3 Bedroom, 2 level Townhomes.

            This new community by Daniels is conveniently located in the heart of Erin Mills. It is steps away from Credit Valley Hospital, Erin Mills Town Centre, all the shops, transportation, restaurants, schools, parks and more! Everything that the heart desires is right at your doorstep.  Daniels vision was to create a community where one can play, dine, work, shop, and call home.

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            • This entry was posted on Saturday, January 25th, 2014 and is filed under ALL Articles, Pre-Construction Condos. Tags: , ,

            Eric Skicki

            New Year Resolutions For Your Condo

            Written by Eric Skicki Wednesday, January 1st, 2014
            • new-years-res-condo

              As a condo owner, you do have the luxury of living a nearly worry-free lifestyle, as the condo corporation takes care of most repairs for the building complex. In return, you as the owner pay a monthly “condo fee”, also known as “maintenance fee”. Typically speaking, the condo corporation takes care of maintaining the common areas, whereas you have the responsibility of maintaining everything inside your condo unit. Although there are not many things to maintain inside a condo, owners often forget about the few items which are part of their responsibility.

              In this short blog post, I want to cover three of the most overlooked, and often neglected, responsibilities of being a condo owner.

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              • This entry was posted on Wednesday, January 1st, 2014 and is filed under ALL Articles, Condo Features. Tags: , , , ,

              Eric Skicki

              Are Condo Balconies Overrated?

              Written by Eric Skicki Wednesday, December 11th, 2013
              • mississauga-condos-balcony

                Having the chance to work with many condo buyers in the Square One area, I have noted that the majority of condo shoppers have balconies on their “wishlist”. Buyers believe that balconies are an essential part of any condo because it allows them to be outside without having to leave their units. However, are balconies really that important? Or are they simply an overrated feature of a condo?

                The Advantages Of Balconies

                The good news is that pretty much every condo in Mississauga built after 2004 does come with a balcony.  Unless you are buying an older condo, there is not much need to have balconies on your “wish list” as it’s a standard feature. Some older condos also have balconies, however, most of them have solariums, which are in essence ( den like rooms with large windows, positioned next to the living room).

                 

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                • This entry was posted on Wednesday, December 11th, 2013 and is filed under ALL Articles, Condo Features. Tags: , ,

                Eric Skicki

                Big Ideas For Small Mississauga Condos

                Written by Eric Skicki Saturday, November 16th, 2013
                • small-mississauga-condo-ideas

                  It’s no secret that condo builders are designing condo units smaller and smaller. A recent study showed that the average condo size has shrunken as much as 20% from what builders were offering a decade ago. The reason for this is simple; builders realized that in the same amount of space, they can sell a lot more units by making them smaller.

                  Most people would argue that bigger is better when it comes to condos.  As much as I agree that bigger condos are better than smaller condos, it is important to point out that smaller condos are cheaper to furnish and easier to clean.

                  In this short blog post, I want to cover 5 cool tips and tricks I have made available to my buyers, who are looking to get the most out of their smaller condo units.

                   

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                  • This entry was posted on Saturday, November 16th, 2013 and is filed under ALL Articles, Condo Features. Tags: , , , , , ,

                  Eric Skicki

                  Pinnacle Uptown Townhouses Release

                  Written by Eric Skicki Monday, October 28th, 2013
                  • The Marquee Townhomes Kitchen

                    UPDATE NOVEMBER 16TH: The Pinnacle Uptown Townhomes have been released please Click here or call 647-689-7517 to book your appointment. No walks in.

                    The long wait is finally over. Those who have been anticipating the release of the Pinnacle Uptown Townhomes can now officially register with me for the VIP launch, which will take place in less than 3 weeks! This limited release of only 100 units, nicknamed “Marquee Townhomes” will be a great addition to Mississauga’s expanding downtown core. The ultra high-end townhouses will be similar to those existing townhomes currently found on the corner of Shipp Drive and Roberts Speck Parkway in downtown Mississauga (some these are known to sell for a million dollar plus).

                     

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                    • This entry was posted on Monday, October 28th, 2013 and is filed under ALL Articles, Pre-Construction Condos. Tags: , , ,

                    Eric Skicki

                    The Evolution Of Real Estate Offers

                    Written by Eric Skicki Saturday, October 5th, 2013
                    • real-estate-offers

                       

                      Real estate has come a long way over the last decade or so. We have seen a peculiar change in the dynamics of how properties are marketed by the seller and searched for by the buyer. Years ago, it was unheard of that someone could be sitting halfway across the world on their computer, searching for properties and then buying them. Today, this has become mainstream. Buyers do not need to be in the country in order to purchase a property. In this blog post, I will share some of my thoughts on how the presentation of offers has changed over the past few years.

                      Traditional Offer Presentations

                      Traditionally speaking, the real estate purchasing process looked something like this:

                      A client would contact a REALTOR to help him find a new home. The agent would show him a series of houses until the perfect one was found. The REALTOR and client would then meet at the agent’s office and write up an offer. Once the offer was completed and signed, the buyer’s agent would contact the seller’s agent to arrange a time when the offer could be presented in person. The face to face meeting would usually take place late at night and it was common for all the parties (both agents, buyers and sellers) to be up past midnight to get the deal done. Sometimes, there were six copies of the offer that needed to be signed and initialled by all parties. Since photocopying was not an option, any major changes that were made in the offer would result in completely rewriting the offer, which would take hours. The offer process was tedious and extremely time to consume for everyone involved.

                       

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                      • This entry was posted on Saturday, October 5th, 2013 and is filed under ALL Articles, Articles for Buyers. Tags: , , ,

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