Erin Mills/Lisgar/Churchill Meadow/Milton/Real Estate
May 21st, 2012 
Peter Zoet
Sales Representative

Keller Williams Real Estate Associates Inc., Brokerage
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Home Buying Assistance

Home Buying Assistance

Find Your Dream HomeFree Evaluation
If the time has come for You to "Find Your Dream Home", then I would love to help. New properties are listed every day. By filling out the form, I can have new Listings emailed to You as soon as they become available.The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
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BUYING HOME CHECKLISTHOME VALUES
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.Home value sometimes referred to as "Value in Use", is best described as the probable price at which a home trades in a free, competitive, and open market and is synonymous with the market value.
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SELLING A HOME CAPITAL GAINS TAXSELLING YOUR HOME ON YOUR OWN - OR USING A REAL ESTATE SALESPERSON
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or the expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for us.
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SELLING YOUR HOME - WHEN IS THE RIGHT TIME?HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE
When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home. Let us take a closer look at the most important factors that can go into this decision.A hot market is a "seller’s market". During a seller’s market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.
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STAGING… FOR A FASTER SALE AND HIGHER PRICEHOW DO REAL ESTATE PROS PRICE A LISTING?
There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. You will be rewarded with a faster sale and a higher offer.A very accurate saying is that "Any home will sell once you get the price right." Of course, this is usually said from the perspective of dropping a price until it's too attractive to pass up. Actually, the accurate pricing of your home prior to listing is as much an art as it is a science.
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DOWNSIZING YOUR RESIDENCELOCATION, LOCATION.... MARKETING!
A great many moves in our lives are to larger residences to accommodate growing families. Or, perhaps our financial development allows us to move up to a larger home with more features and amenities. There is no stress involved in trying to reduce our life’s stuff to fit into a smaller place. If anything, we just need to shop for some more furniture for the new larger place.You may have lived in your home for many years. The location factors that you considered when making your purchase decision may not apply to today’s buyers. The task is to identify the current positive aspects of your home’s location and market them aggressively. When it comes to positive locations, people’s different attitudes and preferences will determine if a location is a “good” one.
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WHAT IS THE BEST WAY TO MARKET A HOME FOR SALE?OFFERS AND NEGOTIATIONS
Marketing a home for sale is quite different from most other types of marketing and advertising. Unlike marketing many products, homes are each unique. Marketing decisions will be based on thorough examination of the home’s features and comparison to the competition in the marketplace. Decisions must also be made concerning improvements that might enhance the home and sell it faster and for a higher price. Whether buying or selling a home, one activity will be part of the process in all cases and for all involved. Let’s look at the offer to purchase contract and negotiation process from both sides
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Erin Mills is a planned community in the City of Mississauga, located approximately 32 km (20 miles) west of downtown Toronto, Ontario, Canada. Erin Mills was conceived, planned and developed by the Cadillac Fairview Corporation on 8,000 acres  of historic land in the City of Mississauga. Erin Mills is a totally integrated residential, industrial and commercial community.

Based on census and political boundaries, the 2001 population is estimated at 105,000 residents, making it the most populous area in Mississauga  and one of the fastest growing. Geographically, the area is by far the largest in Mississauga, occupying much of the western section of the city. There is a number of managed creek courses that traverse the area and eventually drain to the Credit River, and then Lake Ontario, but Erin Mills does not adjoin either.

The first phase, Erin Mills South, known later as Erin Mills, was built beginning in the early 1970s continuing through the decade. A display centre formerly built to serve home buyers and residents as a meeting hall, etc. was closed in the early 1980s and was transformed into the large, popular nightclub "Richard's". This club was closed in the early 1990s due to noise concerns from nearby residents and the building sat empty for many years until being torn down later that decade.

erin millsErin Mills West, phase 2 of the "New Town" development, was completed in the mid-1980s. This area was part of the town of Oakville until 1974 when with the advent of regional government, the city of Mississauga was established and its westerly boundary was extended to 9th line north of Dundas Street West. These lands then became part of Mississauga.

Erin Mills Central, phase 3, is for the most part fully developed. This section contains everything from hi-rise condominiums to large low density housing. Its focal point is the Erin Mills Town Centre, which was completed in 1989. Credit Valley Hospital, the largest in Mississauga, is located in this area. The older village of Streetsville sits adjacent to Erin Mills Central to the east, running along the Credit River. Both areas are connected closely, even in the context of Mississauga as a whole. For example, the Streestville GO station serves as a commuter point for many Erin Mills residents travelling to work in Toronto and Streetsville residents use Erin Mills Town Centre as their primary retail shopping centre. The telephone exchanges in Erin Mills are referred to as "Streetsville exchanges", even though most are not located in the older section of the village.

Churchill Meadows, phase 4, is still under development. Much of the new building is medium density residential, single-detached, town or row houses and as with the previous phases land for parkettes and creek courses has been protected from development. This section of Erin Mills borders the mostly rural section of the town of Milton, located to the west. The older, suburban development of Meadowvale borders the area to the North.

All four sections described above are generally not referred to by locals as "west", "central", etc. but rather Erin Mills on the whole, the geographic distinctions were used by land developers to indicate the phasing of development.

To the south of Erin Mills (south of Dundas Street, north of the QEW), lies the older housing area of Sheridan Homelands and adjacent employment lands of Sheridan Park. This area is sometimes lumped in with Erin Mills by both locals and others when referring to a location within it.

The lack of a sustainable high use transit corridor has prevented Erin Mills from achieving higher densities, although there are some hi-rise condominium and rental units, some currently under construction.

Real Estate

 Erin Mills is made up of mostly Detached, Semi-detached, Townhomes and Condominiums.  Most Detached homes have double car garage with larger lots.  Construction is usually brick exterior with some vynal or aluminum siding as are most Semis and Townhomes.  The Condos are a mix of Townhomes and apartment units.  This area is growing with homes ranging from as old as the '70s or older,  to new construction in all sizes and price ranges.  As new areas develop so do school, shopping, parks, places of worship and community centres which all add to the desirability of Erin Mills. This is a community that is great place to live, work and play.

Below is a range of prices for the majority  of homes in Erin Mills 

 Detached  $400,000  to 2,000,000
 Semi's  $350,000  to 750,000
 Townhouse  $300,000  to 550,000
 Condominium  $180,000  to 630,000

For Listings in Erin Mills and Surrounding Areas      click here