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Monthly Archives: August 2010

Rich cowboy purchaser needed for $49.2 million ranch south of Calgary!

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Kiyoko Fujimura Buzzbuzzhome Corp. August 31, 2010 I imagine it’s tough for a modern-day cowboy to develop the true cowboy lifestyle, but a new listing has hit the market that will make that dream come true– if you can make it work. A 50,000 acre ranch has been listed for $49.2 million south of Calgary. What’s the complication? According to the Globe and Mail: The new owner will be betting that the investment in about 50,000 acres of rolling foothills, … Read More

Montreal gets condo-fever! Condo sells out in four hours!

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BuzzBuzzHomeAugust 31, 2010 Over the past weekend Le Group Preval’s new condo project in Montreal called “Seville” sold out in a whopping four hours. Potential purchasers put down deposits between $2,000 and $5,000 to hold one of the 99 suites in phase 1 of this project. Obviously, there were lineups around the sales centre. In total the project has 450 suites over a few phases in the Shaughnessy Village. Suites range in price from $144,000 for a 416-SF studio to … Read More

The 20 Worst American Places to Sell your Home, according to Richard Florida

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Matthew SlutskyBuzzBuzzHomeAugust 31, 2010 Almost one in four American homeowners are underwater on their mortgage. Ouch! Richard “The Baddest Man in The Whole Damn Town”* Florida has checked out which cities have the biggest debt and housing problems, crunched all the numbers, and popped out the Top 20 Cities – er, should I say the bottom 20** cities? So, which 20 cities are the worst? Worst, meaning they owe more on their home than their home is actually worth. 1. … Read More

Cuba approves 99 year land leases for foreign investors

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BuzzBuzzHomeAugust 31, 2010 Calling all property developers. Calling all property developers…. are you ready to head down to Cuba? Cuba has extended land lease limits for foreign investors from 50 years to 99 years, as declared by Decree Law 273 signed by Raul Castro. The extension is expected to make a Cuba more attractive for foreign land developers According to the Miami Herald, foreign investors “already have detailed plans for at least four golf resorts with seven courses — including … Read More

144 Park: Coming on strong in the fall

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BuzzBuzzHome Corp.August 31, 2010 A big announcement today for all you homebuyers out there who are looking for some great condo living in the Waterloo area. Mady Development Corp’s project, 144 Park [map] is 65% sold out! The summer has been strong for the development. Two very successful open houses were held in July and August and Mady is expecting the condo to be equally successful during the fall. The success will likely be spurred even further by the fact … Read More

The Woodlands: An opportunity to commune with nature while still enjoying dozens of urban amenities

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BuzzBuzzHome Corp. August 30, 2010 Writer’s block… every writer goes through it at some point or another, even when you’re writing about housing developments. When trying to think of an witty introduction to my post about The Woodlands [map] by The Daniels Corporation, the best I could come up with was a lame joke related to “nature calling” or a weak Ace Ventura reference. But then I stepped back and thought that this beautiful collection of townhomes surrounded by 25 … Read More

No US-Style Canadian Housing Bubble Part 2

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Kiyoko Fujimura Buzzbuzzhome Corp. August 30, 2010 I wrote a post a couple of weeks ago about what set Canada apart from the US in our real estate sector. However, the discussion in that article mainly focused on monetary policy. We found an article that was closely related to this discussion. It indicates that while housing starts will slow, it will not be a US-style crash. So don’t believe those crazy bubble fanatics and their scare tactics. That being said, … Read More

Buzz Talk with Hugh Heron

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BuzzBuzzHome Corp. August 30th 2010 Today on Buzz Talk we chat with Hugh Heron, founder of Heathwood Homes. The developer currently has have four projects on the go in Richmond Hill (The Woodlands in Richmond Hill, The Enclave in Forestbrook, The Reserve at the Woodlands and Forestbrook). Heron came to Toronto from Scotland in the late ’60s and has built a housing development empire from the ground up. He’s quite an interesting character. Enjoy the interview! How did you get … Read More

Market Town Residences: Model suite and sales office on the way!

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BuzzBuzzHome Corp. August 30, 2010 More big news coming to us today from the fine folks at Mady Development Corp. A model suite and a permanent sales office for their Barrie development, Market Town Residences [map], are currently under construction and are expected to be finished by the fall. For all you interested homebuyers searching in the Barrie area, you’ll finally have a chance to view what the 97 beautiful suites in Market Town will look like once construction is … Read More

Chaz on Charles: Redefining how we think of amenities

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BuzzBuzzHome Corp. August 29, 2010 When we sat down with Jason Fane, founder of 45 Charles Ltd., for our Buzz Talk interview a few weeks ago, he extolled on the virtues of the Yonge-Bloor area, saying that anyone who lives in the area has “the best of Canada” at their doorstep. Of course that’s why his latest development, Chaz on Charles [map], a collaboration with Edenshaw Homes, is located in this great neighbourhood. A major TTC subway hub only steps … Read More