Real Estate Questions

Real Estate London

The last few years in the real estate market have been unpredictable. Here are some of the most common real estate questions I’ve been asked over the past few months. 

How Much Can I Afford?

Knowing how much you can afford is a vital first step in looking for a home. Before you begin your search, meet with a mortgage broker and receive a pre-approval. If you’re in the early stages, keep in mind the 28% mortgage rule. This states you should spend 28% or less of your monthly gross income on your mortgage payment. To determine how much you can afford using this rule, simply multiply your monthly gross income by 28%.

Why is London Booming?

As I’m sure you’ve noticed, London and its surrounding areas have experienced a major population boom over the last few years. This is due to immigration, increase in international students, and families moving in from other parts of Canada.

This ultimately means the housing market has become unpredictable at best. If you’re looking to retire and downsize, now might be the best time while your property is in high demand! 

What is a property title search?

A Title Search will tell you everything about the property. If you’re looking at an investment home or have some questions that seem unanswered about the property, it may be a good idea to order a title search. You can have your lawyer or financial institution order a title search in Ontario.

What is a Guarantor?

Sometimes if you don’t qualify for a mortgage on your own, first time home buyers will have a guarantor to qualify. The guarantor’s role is solely to guarantee that the mortgage payments will be made. They become liable only after the lender has exhausted all other means of collection against the primary borrower.


Don ‘t see your real estate questions on this list? Give me a call! I’m happy to help. If you’re looking for other real estate tips make sure to follow my socials for all the updates.



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Year in Review 2022

Real Estate London

We have never seen a year like 2022 in the real estate market. The year started off with the fastest increase jump of housing prices Ontario has ever seen, followed by a steep decline in pricing just a few months later. Interest rates were adjusted aggressively to cool the market, which quickly began to cut buying power. As housing prices level out, we are beginning to see how the market might settle. To say this year has been unpredictable would be an understatement.

Throughout it all, I had the chance to work with a number of wonderful clients on both the buyer and seller side. We launched our ‘Smartens London Living’ series where we talked about what different London neighbourhoods’ had to offer. The series proved to be a success and we will continue featuring London neighbourhoods into 2023.

We also had a number of discussions with BMO Mortgage specialist Carina DeMedeiros about the ever changing landscape of Mortgages in Canada. Though it looks like the Bank of Canada might start slowing down the increases, we will continue to keep you informed on the changes as they come.

Our social media pages also became a great place to connect and share home owner tips and tricks throughout the year. I will continue to share this information and am always happy to answer any questions you may have in all things real estate. To follow along, click on the links below.

2022 was a difficult year for many. I want to thank my wonderful clients for trusting me to find them a place to call home. 2023 is already shaping up to be a great year! Keep an eye out for listings coming to market and as always call me for any questions real estate related! I’m happy to help!

 Have a wonderful holiday season and I’ll talk to you all in 2023.


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New Listings

New Listings

Real Estate London

There are some wonderful new listings available within the Nu Vista Brokerage. From potential income properties, to cottage getaways, to commercial opportunities, there’s something for anyone looking to make a change.

Downtown Victorian Home

💲 545,000
🏠 667 Piccadilly Street, London
🛏 3 bedrooms
🛁 2 bathroom
Private fenced yard featuring a sundeck with BBQ bar, flagstone patio and a 10 ft x 18 ft garage/ coach house or workshop. The open concept interior has been recently renovated and features updated designer white kitchen with peninsula island and 4 included high end appliances. Spacious dining room with garden doors to sundeck. The large upper level hallway gives access to 3 good sized bedrooms and an updated bathroom with soaker tub. Lower level is complete finished with natural wood bar, recreation room, play room and a huge 3 pc bath with glass shower and finished laundry area. Technical updates included high efficiency furnace 2020, steel roof 2019, siding, insulation and exterior doors in 2021, and updated energy efficient vinyl windows.

Cottage Getaway

📍 10346 Riverside Drive, Grand Bend
🛏 3+2 bedrooms
🛁 4 bathrooms
Located in prestigious Southcott Pines, this house is nestled in a pine forest just a short walk from the private beach. Great for a year round home, cottage or even an income property. The spacious kitchen has a large centre island, granite counter tops, prep sink, lots of drawers and includes stainless appliances. The great room has an oversized gas fireplace and opens to a large screened in cedar Muskoka room. The lower level has a walk out separate entrance and is fully finished to include a 2nd kitchen, huge great room and games room with fireplace, bathroom and two bedrooms. It could easily be rented out for extra income! Vendor would consider selling furnished.

Lucan Commercial Listing

Five minutes north of Lucan is this 2.7 acre commercial/ retail property!
Perfect for investors or companies looking for great road exposure with thousands of cars driving by daily. Half had a used car dealership with 1100 sq ft shop/office- now vacant. A separate Automotive Repair Shop is currently rented on the property.
📍 5612 James Street, Lucan


Can’t find what you’re looking for? See what’s avaiable then give me a call! I’m happy to help!


Investment Properties

Real Estate London

With house prices going down, some clients are asking about investment properties. Maybe you sold at the peak and have some extra cash. Maybe you’re downsizing and want to invest for retirement or a child’s education. Either way, an investment property can be a great way to save for your future.

But what makes a good investment property?

Fixer uppers– A large percentage of people investing look at ‘fixer uppers’ to do so. Flipping a property is a great plan, but keep in mind some of the points from our last blog. Taking an older property, renovating it and creating a wonderful home for renters is a great plan for income properties.

Location– With so many students coming into the city of London, there is a lot of opportunity for rental properties. If your child is one of these students, a rental property could be a great option. Your child has somewhere to live (you/ they would be paying rent anyways) and you also have a long term investment. If your plan is to rent to students, pick the location accordingly. Overall think about who you want to rent and where those people would best be suited to live.

House layout– Is the setup of the house ideal for tenants? Do you have multiple communal areas? How many bedrooms /bathrooms are there? Always keep in mind your ideal renter, and if the space will accommodate their needs. Students have very different requirements than families so think about the possibilities of the space.

Amenities– What amenities are nearby that will benefit your ideal buyer? Students would likely look for properties by the school, with a good walking score and a nightlife. Young families might be looking for a garage, grocery stores and playground or schools nearby. Considering what is available to your tenants is key when finding an income location.

It’s also important to note, the city of London just passed a bill that no longer allows short term rentals that are not your permanent residence. Keep this and other bylaws in mind when you’re looking for a place.

Find a potential income property today:

London Real Estate Listings

If you have specific questions I’m happy to help! I have years of expereince with income properties. Give me a call!


‘Fixer Upper’ Properties

Real Estate London

In the last few years, ‘fixer upper’ properties have become extremely popular. Many first time home buyers and investment buyers are forgoing turn key homes for houses with a bit lower price tag, but need some work done.

Here are some tips to remember when looking at a home that needs work:


Make sure you mentally include the price of upgrades when submitting your bid. Painting and floors is one thing, but once you get into actual structural changes you need to have an idea of how much it will cost before committing.


Living in a house under construction can be…hard. Try completing major renovations before you move in so not to disrupt your life. If this isn’t possible, consider the plan for living in a house while also updating it. Are there specific rooms you can live in while the rest of the house is being worked on? Can you live on one floor while the other is being demoed? Having a plan for the construction is key.

Talk to an engineer

If you are planning on making structural changes ensure they have been approved by an engineer and the city before submitting your bid. There are bylaws you may have to adhere to as well as structural limitations. You don’t want to plan your dream home just to find out its not possible!


Before and after photos are the best way to track your process…and remember what it once looked like!

Most importantly, EXPECT THE UNEXPECTED. Delays, over budget costs, and unexpected road blocks are very common with fixer upper properties. Take your time. Do it at the pace that makes the most sense for you and remember to give yourself lots of buffer room with both time and budget. It will be a lot of work, but totally worth it in the end!


If you’re looking for a property, give me a call!


Find what’s listed here: London Real Estate Listings