Everything You Need To Know About Renting An apartment in Canada

13 Nov 2018 · by ChrisSampaio

Whether you are moving to Canada or you already live there, you need to plan your apartment search process. Just like in the US, you need to have time to check out apartments before deciding on the one to rent. There are many rental accommodations in Canada ranging from apartments to condominiums and main houses. An apartment may be available for rent entirely while in other cases it may be divided into units. A house that is divided into units may require sharing resources such as bathrooms and the kitchen. Most importantly, utilities such as water and electricity may not be part of the rent. You need to clarify such factors with your agent before paying for the house. 

How To Find Rental Apartments in Canada

There are several options to use when looking for an apartment. You can decide to look for an apartment manually. This is a tiring process but also one of the most effective. Identify the neighborhood you want to live in and take a walk around looking for vacant properties. You can also use the services of an agency to find vacant properties within the given locality. 

 The other option is to use classifieds in magazines, local newspapers, libraries, and classified ads websites such as Craigslist and HomeAds. Other online platforms include social media sites such as Facebook and Instagram. Facebook groups are effective in tracking down apartment buildings for rent. You can check out https://www.homeads.ca/apartment-building-barrie for the latest rental apartments listings in Barrie and Ontario at large. 

Requirements When Renting An Apartment In Canada

If you are looking for an apartment to rent in Canada, there are important documents that you must produce. The requirements may vary from one apartment to another. For instance, to rent an apartment building Barrie, you must produce a letter from your current employer. Other documents you may be asked include a bank statement, a reference letter from recent landlords, driving license, among others. Obtaining such documents may be difficult for those arriving in the country from abroad.

Canadian Lease Agreements

 There are many factors that go into the lease agreement. If you are looking to rent an apartment, you need to find it a few weeks in advance. Most rental properties in Canada start on the 1st of the month. There are a few Landlords who offer rentals starting on the 15th of each month. 

If you are looking to rent a house within a busy city, you must be ready to pay at least half a month’s rent as a security deposit. You should also make inquiries before moving into a house on whether it is furnished or not. Most houses in Canada are not furnished; therefore, you should have a budget for house furnishing too. 

Unless otherwise, you will have to sign a lease agreement for at least one year. Once the lease period expires, you may renew it for a similar period or switch to a monthly payment plan. You should discuss such factors with your landlord before signing the lease agreement. 

Local Authority Rules

There are other factors that do not depend on state laws. For example, rules on rent increases vary depending on the province. In certain places, the rent is subject to annual increase at a certain percentage. For example, if you rent an apartment building Barrie, in Ontario, you must be ready to pay an increase in monthly rent after 12 months. Landlords are expected to give the tenants a 3 months notice before increasing monthly rent. However, the increases are usually marginal. The increase for this year is estimated to be between 1 and 2 percent. The maximum allowed increase in most states is 4 percent. 

Large cities also have various policies on water usage and waste disposal among other factors. When you are looking for a rental apartment, find out the locality you are going to live in. Make inquiries in advance so that you know what to expect. 

Conclusion

 For you to get the best rental apartment anywhere in Canada, you need to plan in advance. Start by finding out the basic information about your preferred locality. Once you are certain about where you want to live, start the search process. Make sure you have the necessary documents and plan your move some week early to carter for inconveniences.




Light and your Loft

26 Sep 2018 · by ChrisSampaio

Lighting Hacks to Help Sell Your Loft

Quality of light is very important when trying to sell a property. Lofts often have lots of lighting potential, because of their high ceilings, tall windows, and open floor space. Owners who want to sell their loft can boost the sale price and may even be able to speed up the sale of the property by improving the quality of light in the living space. These lighting hacks make it easy to make a loft space seem bright and spacious.

Hang Loose Cotton Curtains Strategically

Heavy curtains block light before it enters the home and darkens the space to make the loft seem drab or even gloomy. Loosely woven cotton fabric makes it easier to let light into the loft. For maximum effect, loft owners must leave the curtains wide open throughout the day.

Angle Recessed Lighting

Recessed lighting is wonderfully flexible. Some fixtures distribute ambient lighting throughout the room, others deliver focused beams of light to the parts of the room where the homeowner would like to draw attention. Installation of recessed lighting in dark areas of the home can help make the space look larger and airier.

Lofts are known to have tall ceilings. Those high up places in the loft can get dark if they’re not properly lit. Recessed lighting can help with brightening up the area around the ceiling. In small rooms like the bathroom, recessed lighting angled toward the walls can bounce light around the room to eliminate any shadowy areas.

Pendant Lighting

Pendant lighting is a popular trend in the home improvement and interior design worlds. Pendant lighting hangs from the ceiling and points downward into the room, usually ending with an attractive light shade. The long length of cord that hangs from the ceiling can emphasize the height and grandeur of the loft. Pendant lights are also effective in lofts because they can be lowered to such a height that they provide focused illumination in areas where it’s needed.

Lofts are often open spaces where the living room, kitchen and dining area are all connected to one another. Sometimes the good use of pendant lighting can help distinguish which parts of the room are the dining room or kitchen, as pendant lighting is commonly used to light dining areas. However, you don’t have to let common uses stifle your creativity!

Firelight

Firelight helps illuminate parts of the loft that are low to the ground. Firelight also creates a feeling of intimacy in big loft spaces. Loft owners that have a fireplace can capitalize on this by building a fire during showings. This is only advised if the real estate professional or someone else can be present during the entire showing, as a fire should never be left unattended during a showing.

Candles are another form of firelight that can make the loft appear warm, cozy and intimate. Candles can also be a fire danger and thus must be monitored carefully. The safest candlelight to use in a loft before selling is a battery powered candle. There are many forms of very realistic and attractive battery powered candles now, so loft owners have their choice of different products when trying to decide what to put in their home.

Floor Lamps

Floor lamps are another wonderful tool that can help make the loft space more intimate and friendly. Floor lamps create “zones” of light that make living room areas feel like cozy, comfortable spaces for curling up in front of the television. Floor lamps also help bedroom spaces feel more intimate. In a loft, which can feel cavernous at certain times of day, floor lamps are an excellent tool for making the space seem more like a home for potential buyers.

All in all, the purpose of maximizing lighting in the loft before showing it to buyers is to create a sense of homeyness that could tempt a buyer to put down an offer. Remember when installing your lighting that brighter is better! If you do your best to create a sense of lightness in your loft, you’ll improve your chances of getting a good offer when the time comes to sell your loft.




Loftway Report 2018

15 Jan 2018 · by ChrisSampaio

The new Loftway report is out. Please take a look HERE and find out what happened to Downtown LA Real Estate in 2017.




Garden Ideas for Los Angeles Lofts

10 Apr 2017 · by ChrisSampaio

UntitledDo you ever dream of picking fresh fruit, veggies, or herbs from your home? Or maybe even having some beautiful flowery scenery right outside your door? Those who live in Los Angeles lofts may not consider the possibility of having a garden due to lack of space and earth. Yet, having a garden is possible. Plus, Los Angeles is a great place to grow a variation of plants, because let’s be honest, the weather is almost always perfect.

Here’s how to do it:

Choose your location

First, you need to choose your garden space. Pick a spot on your balcony that will get enough sunlight, but not too much. Usually the best growing areas face east or west, because the morning and evening sun will be the most prominent in those areas.

However, if you are limited on space and only have one small location for your garden, then almost any area should work.

Choose your garden type

The fun thing about gardening is that you have so many options and none of them are wrong. For example, you can create a box garden, hanging baskets, or just a simple pot garden. DIY tutorials abound, sodon’t be afraid to get creative with it.

Different types of gardens also have different uses. For example, a box garden is typically used more for fruits, vegetables, and starches (such as potatoes).

Box gardens are constructed from lumber and can be made in many different sizes. You have the option of making a 4 ft. x 4 ft. box, a 2 ft. x 6 ft. box, or a 3 ft. x 5 ft. box. Box gardens are also less prone to getting those annoying weeds, which may also be the case for hanging baskets.

If you decide to use a hanging basket, remember they dry out quickly. If you don’t have a watering system for your hanging baskets, then watering daily is a necessity. Unless, of course you plant succulents, which require less frequent watering as they are desert plants. If you plant succulents, then watering about twice a week will suffice. Succulents are not only perfect for hanging baskets, but are great for ground-sitting pots.

Ground pots are perfect for small herbs and flowers. The nice thing about pots is they can fit in smaller places. If your loft’s balcony doesn’toffer much space, then pots are probably a good option for you.

No matter what you choose, your garden can be beautiful, and after a Saturday afternoon of work, you can have the start of some delicious homegrown fruits and vegetables, or the aesthetic of a succulent garden. People will also be surprised and thrilled that you grew them while living in one of the many beautiful downtown LA lofts. So, don’t be afraid to start your garden. Give it a chance and have some fun.

HAPPY GARDENING!




The Loftway Report 2017

13 Jan 2017 · by ChrisSampaio

The Loftway Report is out again and there is a lot of good info there to educate buyers and sellers in Downtown LA. If you need help making sense of the report please call us.

DOWNLOAD THE FULL REPORT

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Best Places to Trick or Treat in LA

24 Oct 2016 · by ChrisSampaio
cedf4e63cd55a71e29ae990eaf1c993b

1. Cheviot Hills: This is an affluent community on L.A.’s tony West Side, just south of Fox Studios and Century City. It’s a very family-oriented neighborhood, known for being extremely safe. (When was the last time you heard about a crime being committed here?) A drive down Motor reveals numerous jack-o’-lanterns, bats and black cats smiling at you, inviting the little ones to stroll up the walk and enjoy.

2. Pacific Palisades: OK, you will encounter a few hills here and some of the streets may be narrow, but in most areas the houses are situated relatively close together, and the neighborhoods are extremely clean and family friendly. Your kids can fill their bags with healthy treats in a very short time. Believe it or not, this is the area where you’re most likely to see celebs trick-or-treating with their kids — if you can recognize them behind their masks.

3. Studio City: “The Valley” may not be perceived as upscale as L.A.’s West Side is, but consider the fact that a lot of set designers and makeup artists live here, and Halloween is their favorite holiday. Residents go all out creating professional-level spooky environs, and they come up with generous treats to go with them. The Colfax Meadows area is especially good.

4. Santa Monica: Stick with the posh houses north of Montana for the best (albeit healthy) treats. This is another extremely civic-minded, family-friendly area where there’s little crime, lots of luxury and the celebrities are as thick as thieves.

5. Hancock Park: This stately grand dame of a neighborhood near Hollywood has been an established Halloween mecca for generations. You’ll want to concentrate on Arden Boulevard, Rossmore Avenue and the Larchmont shopping district for the best Halloween spirit. Know, however, that the streets tend to get congested with traffic and pedestrians, so early evening is definitely the best time for the little ones here.

6. The Flats of Beverly Hills: This area between Sunset and Santa Monica Boulevards draws thousands who come from miles around, and they’re never disappointed — unless they get a parking ticket, because it’s now illegal to park on a residential street after 6:00 unless you have a parking pass. This neighborhood is worth the drive alone just to knock on the door of the famous “Witch’s House” on Carmelita and Walden Drive.

Beverly Hills has been the long-standing Halloween favorite for years. The standing joke is that when you knock on a door in BH, the owner answers with a generous treat — maybe a full-sized candy bar, or even money. Then he says, “Wait … what did the neighbors give you?” Nobody likes to be outdone in that neck of the woods.




Looking at the Loft numbers

30 Sep 2016 · by ChrisSampaio

Lately the market has been a bit slow in Downtown LA. The number of listings increased from 100 properties for sale to around 150 now. 150 still not a huge number and even though is a 50% increase in inventory we are still lacking places to sell. DTLA is a particular market one building can be really overheated and selling like hot cakes and the building next door can have many listings sitting stale. I wanted to measure whats happening with the market and decided to look at some graphics.This is what I found:

sales

 

 

 

 

 

This shows how many Lofts for sale in a 3 year period. As you can see the inventory is growing. It kind of goes up and down so is hard to analyze, but we are on the high side now.

sold

 

 

 

 

 

This shows the sales. As you can see The months of February thru June are the best months to sell and that repeats far over year. This year we had less sales than the previous ones.

price

 

 

 

 

 

This one shows the prices. As you can see prices Go up in February and have been dipping lately.




Downtown Weekly Cover Page Ad

2 Sep 2016 · by ChrisSampaio

Our new AD at the Downtown Weekly is out. Its a full color page on the back cover.

This is a monthly ad where we can display our listings and provide maximum exposure for our clients Loft Listings.

With this AD  we fulfill our promise and commitment on expending more marketing dollars than any of our competition in order to market our listings.

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Brokerage and site updates

19 Aug 2016 · by ChrisSampaio

Logo New

In the next days we will be updating the neighborhood pages on the site. I will be adding pictures (somehow they disappeared in one of the updates) and some personal recommendations of places to go in each area.

We are also updating the mobile version of the site, to look simpler, have larger pictures and to be easier to navigate.

We will be removing the search box from the front page and making more streamlined with just two buttons “Search Lofts For Sale” and “Search Lofts for Lease”.

We also implemented Real Scout on the back end and our single property email alerts are more in sync with our brand, I am sure our buyer will appreciate the new interface.

We secured a full back page color ad which will run every month at the Downtown Weekly newspaper where we will display our listings and other info.

We are always implementing in the front end and back end to make things easier and better for YOU!




What are the Best Times to Buy, List and Sell a Loft?

1 Jun 2016 · by ChrisSampaio

buyers-marketBy Jennifer Riner, Zillow

Navigating the housing market can be tricky, especially if you’re new to real estate. But, with a little research, you can avoid the mishaps that commonly occur as a new Loft buyer or seller trying to maximize your dollar and keep your buying or selling power at its peak.

Keep these tips in mind when determining the most opportune times to buy, list and sell a property.

Buying

You might be a new Loft buyer or a seasoned Homeowner, but choosing the right season to buy depends on the current market. Keeping up with the latest research trends – especially those revolving around your local market – is the first step in ensuring a good investment strategy.

With rents climbing to historical highs, especially in coastal markets, it might make sense to take advantage of low mortgage rates.

Traditionally, most experts agree the best time to buy Lofts is in the spring and fall seasons. Typically, this is when inventory tends to increase, allowing buyers more options and sometimes more leverage in terms of bargaining power.

Listing

Timing the listing of a Loft is more specific – imagine when buyers search Lofts online. Sundays are considered prime time for showings, but listings often hit the markets on late Thursday and Friday afternoons so house hunters have time to plan their weekends accordingly.

But to stand out, consider listing on Monday or Tuesday. Potential buyers unhappy with the previous days’ open houses will be searching for new listings and you can gain the largest scope of interested buyers throughout the week. Keep the open house on Sunday to make sure everyone has an opportunity to see your Loft in person.

Zillow offers a Best Time to List tool so sellers know how much sale price can fluctuate month by month based on their ZIP code as well as historical listing, transaction and Zestimate data in each local market.

Selling

Sellers should avoid the holiday season and the winter, although enthusiastic buyers rarely keep to seasonal trends. But, bear in mind, eager buyers aren’t in every city. Buyers searching for Lofts in San Francisco might be more inclined to move in January because the weather is mild and the market is hot. On the flipside, the Chicago real estate market is cooler in the winter, as are the temperatures – making relocation a bit of a hassle.

But no matter the season, make sure to consider how long your Loft remains on the market. Having it on the market for too long is a red flag to buyers. Come spring, buyers who were searching in the winter are weary of stale listings, and may assume there is something wrong with the property other house hunters have scoped out already.

Being new to the real estate game is stressful, but there’s no reason you can’t be successful from the start. If you’re feeling lost, consult a real estate professional in your area for more information on how to properly buy, list or sell according to market trends.




Incredible L.A. Arts District Tour

18 Apr 2016 · by ChrisSampaio

2016-artsdistrictflyer-complete-revised-final-withyearWe are doing it again. Loftway is partnering up with the Downtown Los Angeles Rotary Club for another LOFT tour for Charity. This time we are touring Lofts in the Arts Districts and we are also including commercial spaces. Make sure you get your tickets early because they usually sell out. You can get tickets on this link: TICKETS

 

 




The Loftway Report 2016

9 Feb 2016 · by ChrisSampaio

Out annual Loftway Report is out and there are some amazing findings there. Loft and Condo Sales in 2015. Get a full copy HERE

Loftway_Report 2016


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