10 Halifax Summer Events You Do Not Want to Miss

Whenever I work with a client looking to buy a Halifax condo, I always like to ask what brings them to Halifax. The most popular responses I receive are the ocean, their job, their schooling, being closer to family and the balance our city has between slow pace living and fun activities. 

Although Halifax is the biggest city in Atlantic Canada, it still has the calm atmosphere of smaller towns in comparison to the rest of Canada’s major cities. Many agree that Halifax achieves a perfect balance of always having something to do and quiet relaxation. 

For those who love to engage with their city, Halifax comes to life in the summer. Our famous Halifax Waterfront fills with residents and tourists alike in the warmer months. Patios open, events emerge and weekends are filled with sightseeing, shopping, dining, drinking and entertainment. 

With its plenty of shops, local restaurants, outdoor activities and more, it’s hard to choose what to do on a summer weekend (Not a bad problem to have!). 

In Downtown Halifax alone, there are over 400 restaurants, pubs, retailers, and service providers!  Multiple condo owners who have been living here for years have told us that you could not visit every Halifax restaurant in a lifetime! Halifax is truly the hub for Maritimers, tourists and residents for entertainment and leisure in the summer months.

As a true Haligonian, I do not want to miss out on the best Halifax events of the summer, and if you are reading this, I bet you do not want to either. This is why we did our research and found 10 events that are not worth missing. Whether food, theatre, shopping or music is your thing, there will be an event for you on this list. 

If you currently live in Halifax or are moving to Halifax soon, read through to get the info you need to up your summer game, have some fun, and see what our beautiful city has to offer.

Are you moving to Halifax this summer? Get our FREE Halifax Relocation Guide which covers everything you need to know before arriving!

1. Harbourside Ribfest

Dates: June 30 - July 3

Where: 2 Ochterloney St, Dartmouth NS B2Y 4W1

“After taking a couple of years off, Atlantic Canada’s largest volunteer-run event is back on!”

This year’s RibFest will feature:

• no admission fee

• 5+ world-renowned ribbers

• live entertainment all day

• full bar serving beer, wine, spirits, and non-alcoholic drinks

Dates & Times

• June 30th, 2022 5PM – 10PM

• July 1st, 2022 10AM – 10PM

• July 2nd, 2022 10AM – 10PM

• July 3rd, 2022 11AM – 5PM

“This is a 100% volunteer-run event hosted by Rotary Halifax Harbour. Proceeds from vendor fees, bar sales, and on-site donations support local and international causes.”

2. The Curio Collective Summer Vintage Show

Date: July 9

Time: 10:00am-6:00pm

Where: Lighthouse Arts Centre

“ONE DAY ONLY! Join us July 9th for our Summer Vintage Show where 25 of the top local vendors bring their best vintage clothing, estate and costume jewelry, vintage, midcentury, records & collectibles to Downtown Halifax!”

3. TD Halifax Jazz Festival

Dates: July 12 - July 17

Time: All Day

Where: Halifax Waterfront

“Since 1987, HJF has organized a diverse range of musical and educational activities, including the annual Halifax Jazz Festival. The TD Halifax Jazz Festival, formerly known as the Atlantic Jazz Festival, is the oldest jazz festival and largest summer festival in Atlantic Canada. Designated a Hallmark Event by the Halifax Regional Municipality, the festival attracts up to 65,000 visitors, involves 400 volunteers and employs over 350 local musicians.

The Halifax Jazz Festival (HJF), formed as JazzEast Rising is a non-profit organization created in 1987 to present the first ever Halifax Jazz Festival (formerly known as the Atlantic Jazz Festival) in Nova Scotia, Canada. As a registered charity, HJF has widened its horizons beyond the successful TD Halifax Jazz Festival to become involved, throughout the year, in a diverse range of musical and educational activities.

HJF’s mandate runs from the promotion and presentation of soft-seat concerts and club shows to planning educational workshops (such as the renowned Creative Music Workshop). We develop opportunities for amateur musicians, established local artists and the local “jazz aristocracy”. We bring renowned performers from many parts of the world to a city that doesn’t always find itself naturally on the maps for touring artists.

In brief, we think jazz is important to the culture which we’d like to have, and we want to make sure that kind of culture is strong in Halifax, where we love to live.”

4. Halifax Pride Festival

Dates: July 14 - July 24

Time: All Day

Where: Garrison Grounds

“Mark you calendars, the Halifax Pride Festival is back July 14-24, 2022!

The Halifax Pride Parade will take place on Saturday, July 16, 2022 starting at 12:00PM in downtown Halifax. Learn more at halifaxpride.com.

The Halifax Pride Festival is an annual 11 day gathering in the Halifax Regional Municipality for the 2SLGBTQ+ community. It features over 150 community and Pride organized events celebrating the history, culture, activism, and perseverance of the queer community.

While the Halifax Pride Society organizes a number of large and small scale events, we engage actively with various queer groups and individuals throughout the year to support them in the planning of their own events and activities.”

5. Halifax Busker Festival

Dates: July 27 - August 1

Time: All Day

Where: Halifax & Dartmouth

“This summer, Halifax Busker Festival will entertain thousands across Halifax and Dartmouth’s beautiful and historic downtown waterfronts.

Featuring the hilarious, wacky, and breathtaking entertainment that can only be found at the annual Halifax Busker Festival – crowds are treated to mind-blowing shows from the world’s top street performance artists as they showcase their unique talents and skills with acrobatics, music, visual arts, comedy, fire shows, and so much more.

Visit buskers.ca for more information.”

6. Movie Night in the Gardens by Fin Aiff

Date: July 29

Time: 8:45pm-11:15pm

Where: The Public Gardens

“Every FRIDAY,  July 8 to July 29     8:45 to 11:15 PM

THE SUMMER OF SARAH POLLEY
     

 July 8          My Life Without Me, 2003   (Rated 14A)

July 15        Away From Her, 2006         (Rated PG)

July 22:       Take This Waltz, 2011        (Rated 18A)

July 29:       Stories We Tell, 2012         (Rated PG)”

7. Jason Mraz & Raining Jane

Date: July 31

Time: 8:00pm-10:30pm

Where: Rebecca Cohn Auditorium

“Grammy-winning singer/songwriter Jason Mraz has announced the Lalalalivesongs Tour in celebration of Lalalalovesongs, his recently released collection of iconic ballads. Included in his most extensive run of Canadian dates in more than a decade, including a stop at Halifax’s Rebecca Cohn Auditorium on Sunday, July 31.

Raining Jane, the all-female eclectic rock/folk band and Mraz’s longtime collaborators, will join Mraz on the trek.”

8. Halifax Seaport Cider & Beerfest

Dates: August 4-6

Time: 7:00am-10:00pm

Where: Halifax Seaport

THE 14TH ANNUAL HALIFAX SEAPORT CIDER & BEERFEST

AUGUST 4TH, 5TH, & 6TH 2022

“THE FESTIVAL IS BACK, 100% OUTDOORS & NOW INCLUDES FIZZFEST

We’re ‘Getting Fizzy With It!’ We’ve expanded to bring you a wide variety of refreshing hard seltzers, pre-mixed cocktails, and sodas for to try, in addition to our extensive assortment of delicious craft beers and cider.

New licensing rules prohibit all-inclusive drinks ticket, so we’ve lowered admission.  Your ticket now includes, 10 complimentary drink tickets for 4oz each (the max. allowed) and a souvenir 5oz. mug. Extra drink tickets are available onsite, 5 for $10, etc…and you’ll be able to “taste” before you buy at the stands.

A limited VIP ticket, for just $10 (+fees & taxes) includes 1-hour early access (1pm & 6pm) to interact with brewers and enjoy access to limited and specialty brews, and a souvenir glass.  There are no extra drink tickets, just the original 10 all attendees receive.

Great food from Jamdouns, Asado Grill & King of Donair

Great tunes from DJ Lukas Stilldrunk”

9. Halifax Wanderers Football Match

Date: August 13

Time: 3:00pm-5:00pm

Where: Wanderer Grounds

“HFX Wanderers Football Club, commonly known as HFX Wanderers, and also spoken as Halifax Wanderers, is a Canadian professional soccer club in Halifax, Nova Scotia. The club competes in the Canadian Premier League at the top of the Canadian soccer league system, and play their home matches at Wanderers Grounds.”

10. Clam Harbour Beach Sandcastle Competition

Date: August 21

Time: All Day (Starts at 9:00am)

Where: 158 Beach Road, Clam Harbour, NS

"The Halifax Regional Municipality is pleased to announce that the 42nd Clam Harbour Beach Sandcastle Competition will take place on Sunday, August 21, 2022 with gates opening at 9:00am.

2022 Event Description:

The sandcastle and sand sculpturing contest attracts over 10,000 people every year to the Eastern Shore of Nova Scotia. There are cash prizes for various categories. First Aid personnel and provincial lifeguards will be on site. There is an on-site bus shuttle service to transport people to and from the beach after the park opens at 9:00 AM. Only registered “Service Dogs” are permitted on the buses.

Bring a positive attitude and your sand building tools and skills. Please note there is a fee of $10 for adult groups to participate in the competition and no fee for children or youth. The Registration Tent will be available onsite as soon as you step onto the beach. No advanced registration.  This event is rain or shine. Bring sunscreen, sun hat, sunglasses, insect repellent, water, snacks, and appropriate beach attire. Various food vendors will be on-site.

Clam Harbour Beach Sandcastle Competition was not permitted to take place over the last two years due to the Provincial Government State of Emergency. It is with great excitement that we announce the return of this Eastern Shore summer tradition. Look forward to seeing you at the beach!

For more information please contact Andrew Cox at coxa@halifax.ca or Shari Dillman at dillmas@halifax.ca. 

Learn more about Clam Harbour’s famous sandcastle contest that attracts thousands of people to the Eastern Shore! View winners from past years and other pictures on the Clam Harbour Beach Sandcastle Competition Facebook page."

Let us know if you stop by one of these events this summer! We hope to see you there!

Sold on Halifax? Browse the Most Up-to-Date Condos for Sale now!  

Jordan Gunn

Licensed Real Estate Assistant

The Andrew Perkins Real Estate Team

Keller Williams Select Realty

902-401-0373

How to Combat Buyer's Remorse

So you did your research, you looked at condos, you investigated neighbourhoods and school districts, you made an offer, and—voila!—you’re a condo owner! This should be one of the happiest days of your life…so why do you feel like driving off a cliff ala Thelma and Louise? Did we pay too much? Did somebody pay off the inspector not to disclose some massive underlying damage and faulty wiring? Is this the true right condo for us? How will we ever scrape up enough to pay the mortgage payments? How can I get out of it?

Well, it’s called buyer’s remorse, and it’s as universal as the common cold. So take a deep breath, do a few yoga poses and relax. It’s going to be okay. Everyone goes through it. Statistics are on your side: 74 percent of first-time buyers say they like their new home better than their previous residence, and 67 percent of repeat buyers like theirs better.

And anyway, you legally have three days to change your mind and cancel the contract. Right?

Wrong! No such law exists. Generally, a buyer can cancel only for failure to qualify for mortgage financing after a diligent and good-faith effort, or based on the reasonable disapproval of some aspect of the home. What constitutes “reasonable disapproval of some aspect of the home”? Read on and find out.

Notice of violations of building, zoning, fire or health laws.

• Flood hazard designation (resulting in the cost of flood hazard insurance).

• The title commitment report from the title company (which may indicate liens, unpaid taxes and easements restricting the use of the property).

• The Seller's Property Disclosure Statement.

• Condo Corporation/Board disclosures (such as the restrictions contained in your community's covenants, conditions and restrictions or other governing documents).

• Cost to repair any septic or other waste-disposal system.

• Lead-based paint information (for condo constructed prior to 1978).

• Wood-infestation reports.

• Damage to the condo by fire, flood, earthquake or act of God.

• Information obtained from the condo inspection and investigation (which may reveal adverse property conditions).

If a buyer tries to cancel the contract just because of cold feet, the buyer is in breach of the contract. The seller is then entitled to request mediation, file a lawsuit, keep the buyer's earnest money as damages or ask a court to order the buyer to purchase the condo.

You're less likely to suffer from buyer's remorse if you have a real estate agent you trust who can help you evaluate your housing needs. But the best way to prevent (or at least mitigate) buyer’s remorse is to prepare yourself in advance, long before you ever sign on the dotted line.

First, draw up a pro and con list. We’ve given you one to get you started below.

Advantages of Renting

• Usually costs less than buying

• You can usually move more easily

• Little responsibility for maintenance

• No responsibility for repairs

Disadvantages of Renting

• No tax benefit

• No investment in or from the property

• No equity is building

• Rent payment can increase frequently

• Possibility of eviction

Advantages of Buying

• Greater stability

• Usually good investment

• Your equity builds

• First property often leads to better one

• Greater individuality in décor/space arrangement

• Greater sense of security

Disadvantages of Buying

• You are responsible for property taxes

• You are responsible for the maintenance (within your unit for condos)

• You are responsible for repairs (within your unit for condos)

• Possibility of foreclosure

• In foreclosure, loss of equity

• Monthly housing usually costs more

• Your cash is tied up

• You have less mobility

• Payment on some mortgage types can increase.

After you’ve looked over your list, compile the costs of buying a condo, of which there are two types: upfront costs (down payment and closing costs) and ongoing costs (monthly mortgage payment, condo ownership expenses, taxes, insurance, etc.)

So when buyer’s remorse hits, remind yourself why you wanted to buy a condo in the first place. Now pop open the bubbly and congratulate yourself.

NS New Non-Resident Deed Transfer & Property Taxes

It was revealed on March 29, 2022, the province of Nova Scotia instated two new taxes for non-residents concerning their properties. Many believe that this is the government’s attempt to cool the Halifax Real Estate Market. The response amongst the public has been very divided. It seems to have caused some hope in buyers who have been struggling to secure homes and caused frustration in property owners who although may not be permanent residents, call our province home through various parts of the year. Either way, these taxes have been implemented, effective April 1, 2022. We decided to create an article to break down the new changes and make sense of them for our readers.

Provincial Deed Transfer Tax for Non-residents

The provincial deed transfer tax for non-residents is a new tax (5% of the purchase price or assessed value) that is charged to non-residents upon the purchase of a property in Nova Scotia. Some key points to be aware of:

• This tax will be implemented on any purchases after April 1, 2022

• This tax is added to the current municipal deed transfer tax. For example, in Halifax, the municipal deed transfer tax 1.5%. This means that if this new provincial tax applies to you, and you are purchasing in Halifax, you will be paying a total of 6.5% deed transfer tax upon closing.

• The tax will be calculated on the purchase price or the assessed value, whichever is greater.

• This new tax applies to residential properties with 3 or fewer dwellings.

The exemptions to the Provincial Deed Transfer Tax are as follows:

• First and foremost, you are exempted if you are a resident of Nova Scotia

• If your agreement of purchase and sale was signed before April 1, 2022

• If 50% or more of the owners are residents of Nova Scotia

• If you intend to move into the residence within 6 months of purchasing

• The residence is being transferred to you under a power of sale

• The residence is being transferred due to foreclosure

• The residence is purely commercial

• The residence will be registered to a Canadian Charitable organization

There are a few other exceptions that you can read more about here.

To view the required forms and process, visit the government’s website here

Provincial Property Tax for Non-residents

The provincial property tax for non-residents is a new annual property tax that must be paid by non-residents on top of the already existing municipal taxes. This tax will have a rate of $2.00 per $100.00 of the property’s assessed value. Some things you should know:

• This tax will be implemented on any purchases after April 1, 2022

• Non-residents will be responsible for both the already existing municipal property taxes and this new provincial property tax.

• This new tax applies to residential properties with 3 or fewer dwellings.

The exemptions to the Provincial Property Tax are as follows:

• First and foremost, you are exempted if you are a resident of Nova Scotia

• If your agreement of purchase and sale was signed before April 1, 2022

• If 50% or more of the owners are residents of Nova Scotia

• If the residence is rented out for at least 12 consecutive months.

• The residence is purely commercial

The Government has stated that required forms and more information will be available in the near future.

For any questions regarding these new taxes, you can contact us at either 902-488-0012, info@andrewperkins.co, contact NSPropertyTax@novascotia.ca, or click here.

Condos versus Co-ops, What's the Difference?

When it comes to purchasing property, there are many different routes you can take. With the increasing prices in the Halifax Real Estate Market and the competitive nature of single-family home purchasing, buyers are considering condos and co-ops now more than ever before. Have you ever wondered what are exactly the differences between owning a condo or co-op as opposed to a single-family home? If so, look no further. Read below to learn the difference!

First, both condos and co-ops are considered Common Interest Subdivisions (CIS), in which individual ownership of a residential unit is combined with the shared ownership of a common area. Let’s look at the differences between the two…

Condominiums

Owning a condo is similar to owning a house. You have a deed and mortgage and pay property taxes, but what you really own is “airspace”, or what is within the four walls of your unit. Exterior walls, floors, and ceilings are owned in common among all residents. You join the condo association of the given building and pay monthly dues to cover management, hazard insurance, maintenance, garbage collection, hallway lighting, contribution to the reserve fund, landscaping and more. Some condo corporations include heat and water costs into their condo fees as a bonus to the residents.

Condo owners usually may remodel only within the guidelines provided by covenants, conditions, and restrictions, which may specify everything from how maintenance is handled to what colour curtains you can hang on your windows. Condo owners are also responsible for what goes on within their individual units, including maintenance and repairs. it's a smart idea to read them before buying a condo. Also, be sure to request recent reports outlining future plans for the complex.

Maintenance is shared with neighbouring condo owners; it is important to remember that your property value depends on the condition and desirability of the entire development.

Co-op

A co-op is a housing complex owned by a corporation made up of all the residents — you essentially become a shareholder in the corporation that owns the property. The number of shares you are issued depends upon the size of the unit you own. You own shares in the private company that owns the building and by owning those shares you are given exclusive rights to occupy a specific unit in that building. Potential owners are also interviewed by the board. Larger units owners have more power in deciding how the building is run. You also pay fees to cover your portion of the building’s property taxes, mortgage, and the costs of repairs and improvements for the common areas.

Securing financing for co-op and co-ownership units is more difficult than a condo, for the simple reason that your collateral – shares or a portion of the ownership – is not as easy to foreclose on. Co-op owners also depend on each other financially, so expect heavy scrutiny of both your financial history and your personal life if you’re buying.

The main benefit of a co-op is affordability, as it is usually cheaper than a condo. Some people also want to build equity in a home but have no interest in taking on the responsibilities and expenses that come with ownership.

Advantages of Condos and Co-ops

Considering all the options, what are the advantages of buying a condo or co-op? First, prices are typically much lower than for single-family homes, and landscaping and maintenance are minimal or nonexistent. Some residents say they feel safer in a “cluster” environment, while others cite the peace of mind from having a common maintenance service. Some buildings even have luxury amenities such as pools, gyms, libraries, guest suites and more. 

Disadvantages?

Condo and Co-op fees are not tax-deductible, and the dues are considered an ongoing expense that will lower the amount of mortgage you can qualify for. Condos and co-ops also have rules concerning renovations, renting, pets and many other elements that owners must abide by, unlike if you own a single-family home. Rules are typically in place to keep the building appearing cohesive in design, and to keep all owners comfortable, secure and happy. 

Condo documents can also be long, complex, and often hard to understand. If you are planning to purchase a condo, having an experienced REALTOR who has sold condos in the past review the condo documents is crucial. Did we mention we have 18+ years in helping buyers purchase condos successfully in Halifax? Our team Lead Andrew Perkins also owns multiple condos in Halifax, lives in a condo himself and sits on his building’s condo board! 

The most important thing before considering buying any property is to do your homework. Once you’ve decided to take the plunge, you’ll be building equity and get a tax break to boot. Buying into a condo or a co-op can be a great way to get your feet wet in the property-ownership game.

Jordan Gunn
Licensed Real Estate Assistant
902-401-0371

Let's Talk Property Deeds

It used to be that all you had to do to sell your house was give the buyer a handful of dirt from the property and say a few legal words in front of witnesses to symbolize the transfer. How times have changed! Nowadays, there is an entire selling process, lawyers and fees needed to complete a real estate transaction. Selling a home also requires the transfer of property deed.

Property deeds are written documents used to transfer real estate from a seller (grantor) to a buyer (grantee). They include the actual transfer of the property, called the granting clause, a description of the property being transferred, called a habendum clause* and, usually, a warranty. Deeds also must be signed by the grantor. It is the warranty or lack thereof, that defines each type. Different types of deeds provide different assurances to the grantor and grantee and are used in different situations. 

General warranty deed

This kind of deed guarantees that the grantor is the owner of the property and has the right to sell it to the grantee. It also guarantees that there are no debts on the property or defects in structures other than those that are recorded in the deed. Lastly, it guarantees that should any unforeseen problems arise with the title, the grantor will reimburse the grantee for any losses. All of these guarantees extend to before the grantor owned the property; the grantor is responsible for title problems that arose before their ownership.

For this reason, title insurance is used to protect against possible claims and liens. A title company provides a full title search and explores any other possible breaches before the property is transferred. This is typically done through your lawyer during the buying process.

Special warranty deed

This warranty is extremely similar to the general warranty deed. This deed also includes the warranty that the grantor has the legal right to sell the property. However, it differs in that it only guarantees that there are no debts on the property or defects in structures other than those stated in the deed during the period of the grantor’s ownership. This kind of deed makes no guarantees outside of what the grantor had knowledge of or caused. For example, if the grantor sells a house in which the plumbing was working fine while he owned it, and the plumbing breaks after the sale as a result of a prior defect, the grantor cannot be held responsible. Other warranties can also be included in the deed if so stated.

Grant deed

This kind of deed implies that the grantor has the right to sell the property and that the property itself is unencumbered. However, it does not make explicit warranties like the above deeds.

Quitclaim deed

This kind of deed has no warranty at all. The purpose of a deed of this type is for one party to release any interest that they had in a piece of property. The deed doesn’t warrant that the grantor had any legal right to the property at all. Quitclaim deeds are usually used in divorce cases, in which one party releases any claim to the property. This party may not have any legal interest in the property, but it prevents them from, for example, claiming a right to money from the sale of the property somewhere down the road. Quitclaim deeds are also used in foreclosure cases.

Deed-in-lieu of foreclosure

When a homeowner misses several payments and defaults on a loan, sometimes they will transfer the deed of the house to the lender to avoid foreclosure. This can use any of the above deed types in the transfer. There is no transfer of money because the homeowner owes the lender; the lender sells off the house to recover at least part of what the homeowner owes. The lender also provides the borrower with a form that states the debt is cancelled and another that states that the lender cannot ask for what remains of the debt after the property sale.

Have any questions about deeds? Reach out! We would be happy to chat!

*habendum clause: the part of a deed or conveyance which states the estate or quantity of interest to be granted, e.g. the term of a lease.

Jordan Gunn
Licensed Real Estate Assistant
902-401-0373

Federal Aids for First-Time Home Buyers!

Buying your first home is one of the biggest milestones in your life. It’s something that most people dream of from a very young age. With big milestones come big challenges: one of the biggest challenges that come with purchasing your first home is saving for a downpayment. 

The conventional downpayment for a home is 20% of the purchase price. For example, your mortgage lender would expect a 60K downpayment for a property worth 300K. The minimum downpayment in Canada is 5% of the purchase price, however, with downpayments less than 20%, you must purchase mortgage default insurance. Keep in mind, 5% of 300K is still 15K, which is a significant amount of money. 

In the early years of adulthood, it can be very difficult to save this kind of money without exterior influences such as trust funds or gifts from relatives. Luckily, Canada and Nova Scotia offer various supports that allow first-time homebuyers assistance in making a downpayment. In this article, we will dig into the Federal Programs that are in place to assist buyers. Tune in next month as well, when we dig into the provincial programs that are available to Nova Scotia Residents!

The Government of Canada has three programs to help first-time home-buyers: the Home Buyers’ Amount tax credit, the Home Buyers’ Plan (HBP), and the First-Time Home Buyer Incentive. We will detail each of these programs below to help you or someone you know achieve their real estate goals.

The Home Buyer’s Tax Credit

Eligible first-time homebuyers can claim a $5000.00 non-refundable income tax credit on a qualifying home. To qualify for this tax credit, you must:

-buy a new or existing property that is either a single-family home, townhouse, condo, or certain multi-unit properties.

-Be a first-time home buyer: this can apply to those who have not resided in a home they own for the past 5 years.

-The property must be your principal place of residence.

This credit does not need to be applied for or approved, you simply put the Home Buyer’s Amount of $5000.00 on Line 31270 of your income tax return. You can split this amount between you and your spouse, but it cannot exceed $5000.00 total. 

The credit results in a 750$ rebate on the taxes you owe for the year. Which will not pay out any money to you, but may reduce your income tax owing to zero if you owed less than $750.00. This may help alleviate the financial burden of added income tax, and allow you to use that money towards real estate.

The Home Buyer’s Plan

The Home Buyer’s Plan is a federal program that allows first-time homebuyers to withdraw up to $35,000 per individual from their Registered Retirement Savings Plan tax-free to put towards their first home. To qualify for this incentive, you must:

-Be a resident of Canada

-The home in question must be your principal residence

-You must be a first-time homebuyer

-Applicants must have a written agreement to buy or build a home

To apply for the Home Buyer’s Plan, simply download and fill out form T1036 here which is entitled ‘Home Buyers’ Plan (HBP) Request to Withdraw Funds from an RRSP’.

Once you are approved for the Home Buyers’ Plan, you can withdraw up to $35,000 from your RRSP without paying any withholding taxes. You should know that participants in the Home Buyers’ Plan must repay the amount they withdrew from their RRSP within 15 years.

First-Time Home Buyer Incentive

The First-Time Home Buyer’s Incentive was introduced by the Federal Government to make first-time home-buying more achievable for the middle and lower class. The incentive acts as a shared equity loan, where the government lends first-time home buyers 5-10% of the purchase price to put towards the downpayment. This must be repaid either in 25 years or when the home is sold.

First-time Homebuyers can apply for this incentive after they have been pre-approved for a mortgage. We should note that the purchase price of the home cannot exceed four times your qualifying income. When you pay back this loan, the amount may be greater than what you originally received, as the government owns equity in 5-10% of your home, which will go up in value the longer you own it. To qualify, you must:

-Be a Canadian Resident

-Be a first-time homebuyer

-Have a total qualifying income below $120,000

-Borrow no more than 4 times your income

-Have enough funds to make the minimum downpayment

-Be pre-approved for a mortgage

To apply, fill in the forms on the FTHBI website. You then give the forms to your lender who will submit them on your behalf.

When you are in the beginning stages of purchasing your first home, speak to your trusted real estate professional and mortgage advisor about these options. These are great programs you should take advantage of to begin owning real estate! Tune in next month when we dig into three programs for first time home buyers in Nova Scotia!

Spotlight: The Halifax Public Gardens

One of the most popular and well-known sites in the South End of Halifax is the beautiful Public Gardens. Comprised of 16 hectares of land off of Spring Garden Road, the Public Gardens is one of the only formal Victorian Gardens left in North America. The Halifax Public Gardens are a cherished piece of nature amidst the hustle and bustle of Downtown Halifax, and are protected not only by the Nova Scotia Heritage Property Act, but were also designated as a National Historic Site of Canada in 1984. 

As a Haligonian, or a South End Resident, you have probably strolled the lanes of the Halifax Public Gardens, admired its flowers, or rested on its benches. But do you know how these gardens got to be? We were curious, so we decided to do a little research.

The Public Gardens began as an amalgamation of two gardens, a swamp and a bequest in 1836, under the watch of politician Joseph Howe. At this time, Joseph Howe also established the Nova Scotia Horticultural Society, to help cultivate new species of plants and cultural practices in the Public Gardens.

The Public Gardens started as 5.5 Hectares of land, which in 1841, had to charge a membership fee due to the cost of maintaining the gardens!

In 1867, Chief Justice Sir William Young transformed the Public Gardens into the first city-owned garden, inspired by his time in Paris, strolling the garden squares of the French city. Chief Justice Sir William Young hired superintendent Richard Power in 1872 to combine all sections of the garden into one cohesive unit. Many of the features we see today were from the works of Richard power!

Since then, the sections of the garden and pieces of architecture have been restored, but in whole the vision that William Young and Richard Power had remained intact. Some notable features of the garden we thought were interesting mentions are as follows:

In 1887, six urns and three statues were donated from the estate of chief justice Sir William Young which previously resided in his own garden: The three statues, that are still present today include a statue of Ceres (the Roman goddess of agriculture and fertility), a statue of Flora (the goddess of flowers and spring), and a statue of Diana (the goddess of the woodland and wild animals).

We cannot forget the heart of the Public Gardens: the Bandstand. Built in 1887, the bandstand has been a venue for outdoor performances and concerts ever since its debut!

Griffin’s pond, located almost centrally in the gardens, is well known for the titanic model replica is displayed in the pond as a memorial for the 121 titanic victims buried in the Fairview Cemetery in Halifax. This pond interestingly enough, was named Griffin Pong after a young Irishman named Lawrence Griffin, who was wrongfully convicted of murder and hung on the east side of the pond in October of 1821.

The well-known iron gates that welcome residents into the garden on Spring Garden Road were initially installed in 1890, but moved to their current location in 1907. They have the Coat of Arms of the city of Halifax featured on them, which reads “E Mari Merces”, which means, wealth from the seas.

Victorian Gardens typically displayed exotic plants, since many residents of these areas would never otherwise experience these species in the 1800s. The Halifax Public Gardens adheres to this tradition: most of the plants in the Halifax exotic beds are Agave and cacti. One of the agave plants in the Public Gardens only blooms once every 40 years!

There is so much more to these public gardens than we can cover in one blog post. Be sure to book a tour, take a stroll, or head to The Friends of the Public Gardens’ website to learn more about one of the most beloved spaces in our city!

The Nova Scotia Film Industry is Booming!

Downtown Halifax, and arguably all of Nova Scotia has piqued the interest of many large-scale tv and film streaming companies since the COVID-19 pandemic has hit. Nova Scotia has been an underrated filming destination for most of its existence: with its picturesque coasts and low production costs (in comparison to the rest of the Country), it’s a mystery why the film scene hasn’t noticed its potential sooner. Nevertheless, when the world experienced the novel Covid-19 pandemic, film and television producers expanded their searches for production spaces, leading to a boom in our local screen industry.

Our province remains one of the safest areas to be during the pandemic due to our government taking swift action to curb outbreaks, our high vaccination rate, our safety procedures and policies, and our limited entrance into the province. This safety, along with our stunning coastal city, beaches and nature have caused interest inquires to increase by more than 100% for filming purposes in the last year (reported by Screen Nova Scotia). 

This increase in interest is very positive for our province as it can create jobs in the arts sector, promote tourism, and attract developments to the area. It is also just nice for Nova Scotia’s beauty to be featured on the big screen! 

Some notable figures concerning our economy that can be found on Screen Nova Scotia’s website include:

• Nova Scotia’s Screen industry contributes over $180 million dollars to Nova Scotia’s Economy

• More than 2,000 Nova Scotians work in Film, Television, and Animation

• As of June 2021, the Nova Scotia Government added $23.6 million dollars to the Nova Scotia Film and Television Production Incentive Fund

• Since the beginning of the COVID-19 pandemic, the film and television industry of Nova Scotia has attracted over $100 million dollars in direct foreign investments

Nova Scotia has been the background of many notable films and tv shows, including but not limited to: The Titanic (1997), The Sinner (2017-Present), The Lighthouse (2019), Ghost Ship (2002), Outlander (2008), Trailer Park Boys (2001-2018), The Mist (2017) and Diggstown (2019 - Present). The two most recent tv shows that have been filmed in Halifax and its surrounding areas (within the past 6 months) include Season 4 of The Sinner and Season 3 of Diggstown. Below we provided small introductions into each series if you are interested in watching! Fun fact: Season 3 of Diggstown had sections filmed just outside of our team’s Licensed Real Estate Assistant Jordan’s townhouse apartment!

The Sinner (Found on Netflix):

“The Sinner is an American police procedural anthology television series developed by Derek Simonds for USA Network. It is named after Petra Hammesfahr's 1999 novel, which serves as the basis for the first season. Bill Pullman stars as a police detective who investigates crimes committed by unlikely culprits and attempts to uncover their motivations. Only Pullman appears in every season, with the rest of the cast changing for each season's story.” - Wikipedia 2021

Diggstown (Found on CBC):

“Diggstown is a Canadian legal drama television series created by Floyd Kane. The first Canadian drama series to feature a Black Canadian woman as its lead character, the series stars Vinessa Antoine as Marcie Diggs, a lawyer who leaves her high-powered corporate job to work for a legal aid clinic in Dartmouth, Nova Scotia, after her aunt commits suicide.” - Wikipedia 2021

We do not expect the screen industry in Nova Scotia to slow down anytime soon, we believe this year is only the start of some big events on the horizon for our province. Have you ever witnessed filming in Nova Scotia, participated in part of a production, or know of any upcoming film projects in the area? Let us know! 

Andrew Perkins
902-488-0012
andrew@andrewperkins.ca

10 South End Cafés You Need To Visit!

The South End is one of the best spots in all of Halifax to grab a coffee. With its abundance of culture, vibrant downtown, students, and young professionals, many locally-owned cafés have emerged over the years. If you live in the area, we recommend grabbing your next coffee or tea at one of these ten cafes: they will not disappoint! This list is not exhaustive: if you can believe it, there are more than ten locally-owned cafes in the south end with high-quality service and products! These are just ten we visit often and wanted to share!

Coburg Social

Close to Dalhousie University, Coburg Social is a popular meeting space for the students of the South End. We want to note, just because it is a student favourite doesn’t mean you shouldn’t check it out if you are a local! They serve North Mountain coffee and espresso (Roasted in Berwick, NS), have a selection of local beer and wine, and make delicious food too! We recommend the Coburg Breakfast sandwich: it is hearty and a great start to any morning! Owners Jane and Kelly grew up in the neighbourhood, and according to their website, the building that Coburg Social operates out of used to be a pharmacy where Kelly’s Grandfather worked as the pharmacist!

Bird’s Nest Café

Located on Barrington Street, the Bird’s Nest Café boasts an airy and bright seating area while the sweet smell of baked goods lingers in the air. Owned by Brandy Mueller, the Bird’s Nest doubles as a catering company. This is great news for those who wish to have their delicious breakfast or lunch at a meeting or event. Their paninis are made fresh daily and grilled to order: we recommend the ham and brie! Their coffee and espresso are also both locally sourced: they use both Java Blend Espresso (Roasted in the North End of Halifax), and Nova Coffee (Roasted in Kentville, NS)!

Weird Harbour Espresso Bar

Also located on Barrington Street, Weird Harbour is a small espresso bar with arguably the best vanilla oat milk lattes out there. This espresso bar is smaller than the others on the list, which gives it an intimate feel when you enter the doors. They have some of the most friendly staff around, and the small space makes interacting with them easy. Their customer seating looks out onto Barrington street, where you can watch the residents of the South end move about their day. Owned by Dan Weir, Weird Harbour announced on September 2, 2019, on their Facebook page, that they pay their employees a minimum of $15.00/hr plus health benefits! We love a cafe that supports its staff! They use Detour Coffee, which is Canadian-owned, and roasted in Hamilton, Ontario.

Dilly Dally Coffee Café

On Quinpool Street, you can find the Dilly Dally Cafe next to the Keep: The condo building that Andrew calls home! With some of the best baristas in the city (as voted by the readers of the Coast), the Dilly Dally is a funky little coffee shop that has bright and fun energy. They have delicious breakfast and lunch, local goods, and serve Java Blend coffee (roasted in the North End, Halifax). Their kitchen is powered by NSCC and Holland College graduates, and their owner Laura Draegar's goal is to make the Dilly Dally, the “neighbourhood fix” in the area. We think she has succeeded! Whether you are grabbing a coffee at 7am, or a glass of local wine after a hard day at work, the Dilly Dally can meet your needs and exceed your expectations! The name “Dilly Dally” itself invites you to sit and stay for a while, take your time, and relax in this cozy spot!

Wired Monk Bistro

Located on Morris Street, The Wired Monk serves its own line of organic and fair trade coffee and espresso. Their café name reflects the tale of how coffee became the beloved drink we have today: a monk discovering coffee beans through his sheep accidentally ingesting them and becoming “peppy”, to which he spread the word. You can read more about the legend on their site! This cafe is a great spot to have a breakfast sandwich or lunch: we recommend the morning monk wrap! They also host live music some nights! The Wired Monk is only steps away from the Halifax Waterfront, which gives its customers great access to the famous Waterfront Boardwalk! 

Trident Book Seller’s Cafe

Book lovers rejoice! This bookstore/café located on Hollis Street will transform you into the past with its vintage style and library atmosphere. The blended smell of used books and fresh coffee makes everyone in the cafe cozy and nostalgic. Coffee beans are roasted on-site, and their baked goods are to die for. We recommend trying their fresh croissants! Founded in 1992, this cafe and bookstore has a lot of history in the neighbourhood, and has been the local residents' go-to for many years. Trident is our team member Jordan’s favourite cafe on the list! Owners Tracy Stevens, Hudson and Janet Shotwell strove to maintain its vintage aesthetic to emulate the original Trident Café the owners founded in Boulder, Colorado. 

Cabin Coffee

Situated on Barrington street, Cabin Coffee takes you out of the city and into a cottage in the middle of the Downtown Core. This café is family-run: it’s been a tradition in the owners' family for many family members to take a turn behind the counter. Their menu offers many family recipes, such as their seedy breakfast bars and their Halifamous Cinnamon buns. Cabin coffee has been operating for 20+ years and remains a locals favorite. Their coffee is from Java Blend (Roasted in the North End of Halifax) and their bagels are made locally at Izzy’s Bagels in Bedford! This cafe really helps you slow down from the hustle and bustle of Halifax!

Cafe Taiyaki 52

Cafe Taiyaki is a Japanese dessert cafe located on Brunswick Street. They specialize in their unique waffles called Tayaki in Japanese. Their food and drinks are not only delicious but are beautiful too. Have your phone ready to capture your meal! Their coffee is also Java Blend (Java Blend is one of the main suppliers in the city as you can probably tell from this post), and we highly recommend their soft serve: it tastes even better than it looks if you can believe it! Owner Sophie Lee came to Halifax from Vancouver and noticed that there were no cafés in the area serving taiyaki: a childhood dish that was close to her heart. We are so happy that Sophia introduced this delicious treat to our local food scene!

The Daily Grind Café and Bar

If you are spending time on the Halifax Waterfront, you should stop into the Daily Grind! Located in Bishop’s Landing on Lower Water Street, the Daily Grind Café and Bar is your one-stop-shop for coffee and cocktails! Owned by Scott Maclean and David Flemming, this café was established in 2017 as a space to celebrate local artists through art display and sale, and doubles as an event space for local residents to host business meetings, parties, and more! Their coffee is supplied by Anchor Coffee (Roasted in Dartmouth, NS) and their espresso is from Java Blend (Roasted in the North End of Halifax). We recommend trying their chipotle clubhouse sandwich or one of their delicious smoothie bowls!

This list does not even scratch the surface on how many delicious and high quality local cafés there are in Halifax. We are so proud of our city’s local food scene, and we know if you visit any of the cafés on this list, you will be impressed. A Café visit is a must when exploring the South End!

Frequently Asked Questions: Buyer's Edition (Part 1)

Buying a condo is one of the biggest purchases a person does in their lifetime. Because it is such a large purchase, there are a lot of legalities involved and steps to complete from start to close. We have compiled a list of the most common questions we receive from our buyers here to help you have the information available to succeed!

Should I talk to my bank before looking at condos?

Talking to your bank or mortgage broker should always be the first step in the condo buying process. Getting pre-approved before condo shopping will make the entire process run smoother: you will have a budget for what you can afford, you will be able to keep realistic expectations, you will seem serious to both sellers and real estate agents, your offer will more likely to be accepted, you will meet your conditions dates with ease and it helps you budget for your closing costs. We believe that it is almost impossible to seriously shop for a condo without a pre-approval. If you do, you may fall in love with a unit you cannot afford, or have a hard time getting an offer accepted. If you do not already have a mortgage broker, we recommend working with our trusted partner, Shawna Snair at Premiere Mortgage Center!

How much does it cost to work with a real estate agent?

Your real estate agent is paid for their services by splitting a percentage of the sold price of the condo with the seller’s agent. Therefore, when you purchase your condo, you do not owe your REALTOR® any money directly. In simple terms, when you are shopping for a condo, the price you pay for your new condo includes your REALTOR®’s fees, so you do not have to set aside extra money to pay your agent.

How many condos should I look at being submitting an offer?

There is no set number of condos you should view before submitting an offer. Some fall in love with the first one they see, others can take years to find the right one. According to realtor.com, the average buyer will view 10 properties before they submit an offer, but the site notes that this number varies greatly. Since COVID-19 began, there has been a large surge in virtual tours and searching for condos online. This allows buyers to see more units than ever before. It’s always a great idea to inform your REALTOR® on your critical wants and needs in your future condo, so they can use their professional resources to find condos that match your criteria. This will save you time in the long run and allow you to view a few great condos instead of tens of “okay” ones. 

How do I make an offer?

When you find the condo of your dreams, it's time to make an offer. Your real estate agent will prepare the documents necessary to submit an offer. Your agent will require your legal name, the amount you wish to offer, what will be included in the purchase price, the date you would like to close the sale, the documents you need to review before finalizing the deal, and when you would like to leave the offer open until. You will also need to be prepared to make a deposit on the condo. The deposit goes against your closing costs and downpayment. This deposit is cashed upon delivery to the listing brokerage, so, make sure you only offer a deposit you can afford. Your REALTOR® will work with you to ensure you have the best price, conditions and review the necessary documents needed for a successful sale. If you are not satisfied with something that arises with the condo, your REALTOR® can, later on, negotiate a price reduction, repairs to counter the issues, or terminate the deal. 

How long does the seller have to respond to my offer?

You and your real estate agent will decide on an amount of time in which the offer is “live”. The seller’s agent may request that, for example, all offers be left open for 24 hours. It is usually best practice to follow what the seller’s agent requests. You are technically allowed to go against the seller’s request, but it may lower your chances of your offer being accepted. Your REALTOR® will advise you on the best “timeline” for the offer so that you have the best chance of success.

What if my offer is rejected?

It is never a good feeling to hear that your offer was rejected, however, in the current market we are experiencing in Halifax, this is often the case. In a competitive seller’s market, buyers typically have to go through the offer process a few times on a few different condos before getting one accepted. Your offer may have been rejected due to the sellers receiving a higher offer, the sellers believing your deposit was not enough, due to you stating too many conditions, etc. There is no penalty to you if your offer gets rejected, you just have to keep on with your condo search. If the seller rejects your offer and has not accepted any other offer, your REALTOR® can then find out why your offer was rejected and can help you prepare a new one that corrects the issue. 

What happens after my offer has been accepted?

After your offer has been accepted, you need to meet the conditions that you specified in the agreement. You must provide your deposit, secure your financing with your bank, perform a condo inspection if indicated (your REALTOR® will arrange this, however, it is at an extra cost to you), notify your lawyer, review the condo documents and book your pre-closing walkthrough. When you work with a real estate agent, they will be by your side through most of this and inform you of deadlines. They can forward documents to your banker and lawyer for you, and supervise the inspection too. There are a lot of moving parts to make it to the finish line, but having a REALTOR® on your side keeps things flowing and organized. It is in you and your REALTOR’s® best interest that you meet all of your conditions.

Stay tuned for more!

Frequently Asked Questions: Sellers Edition

Choosing to sell your condo can be an exciting and overwhelming experience. If you do not have any previous experience, you may have a lot of questions. To learn about the selling process, you can visit our page detailing it here. Even with understanding the process, you may have more questions along the way: this is totally normal. There are a lot of moving parts in the process, so we have outlined some common questions we have had in the past!

What does an appraisal mean when selling a condo?

An appraisal is conducted by a licensed professional who determines the value of your condo by conducting a thirty to sixty-minute visit in your unit in which they examine the condition, dimension and amenities of your condo. Appraisers should be an unbiased third party that simply evaluates your condo and determines what they believe it would sell for. This may be more or less than what a REALTOR® would determine, or an online evaluator. Essentially, the appraiser is evaluating only your condo, not the entire market. 

How much is my condo worth?

Your REALTOR® may price your condo differently than what it is appraised for, and also different than an online evaluator may say. This is because a REALTOR® takes into account three variables:

-the condition of your condo

-how it compares to other condos in your area

-the current market

This means that the price of your condo may fluctuate based on when it was evaluated. Only an experienced REALTOR® will be able to take all these factors into account to determine the correct price to list your condo. Without all factors taken into account, your unit may end up selling for less than what its potential is, or being priced too high to generate interest. 

What does conditional mean when selling a condo?

A conditional sale when selling a condo means that an offer has been accepted, but there is still conditions that need to be met for the sale to close. Many of the conditions are on the buyer’s side: they can include a property inspection, review of condo documents, lawyer review, review of the property disclosure statement, securing financing and securing insurance. Typically, the conditions a seller must meet is simply a lawyer review and providing the proper documents to the buyers. Once these conditions are met, typically indicated by a certain date on the agreement, then the sale is finalized. 

How much are closing costs when selling?

There are a few closing costs to consider when selling your condo.

Lawyer Fees and Disbursements

The average cost of legal representation in Halifax is approximately $800-$1000, not including disbursements, which could be anywhere from $200-$400 Disbursements include courier fees, photocopying, title search, registration costs. It is a good idea to shop around, as there is no set cost.   

Real Estate Commission

The typical Real Estate Commission in Nova Scotia is 5%. Split between a buyers agent brokerage, 2.5%, and the listing agent’s brokerage 2.5%. Please note. The commission is plus HST.

Estoppel Certificate

An estoppel certificate is an important document issued by the condominium corporation intended to give potential purchasers of a condominium unit information so that they can make an educated decision about their purchase. The certificate provides information about the specific condo unit and the condominium corporation.-- The buyer will request this either upfront or before closing. The cost is between $300 - $400, depending on the property management company and is typically paid for by the seller.

What is an estoppel certificate in the sale of my condo?

An estoppel certificate is a binding statement prepared by the corporation at the request of a unit owner or purchaser. It indicates the standing of common elements fees and reserve fund assessments against the unit, whether they are up to date, paid in advance, or in arrears. The Condominium Act and Regulations specify which items must be included. For example, the certificate will also contain such items as the names and addresses of the property manager and the officers of the corporation, the financial standing of the corporation, the reserve fund balance, whether any major capital expenditures or increases in fees are planned, and if there are any lawsuits pending against the corporation. A copy of the most recent declaration and bylaws are to be provided with this certificate. When selling your condo, you as the seller are responsible for the charge associated with producing an estoppel certificate. 

What happens to my mortgage when I sell my condo?

When you sell a condo with a mortgage, the first thing to do is find out roughly how much you still owe on the loan. Knowing how much you owe, it’s time to figure out how much you’ll be making from your home sale after all is said and done — and whether it will be enough to cover your outstanding mortgage balance, plus all the typical closing costs. If you are breaking your mortgage, you may incur a mortgage penalty as well. It is always a good idea to speak with your mortgage broker or banker before listing your condo, in case there is a penalty to pay for not completing your mortgage. If you have a fixed term such as a five year fixed rate term, your lender may charge you a penalty called an interest rate differential. If you are breaking a variable rate term, the penalty is typically three months interest.

When is the best time to sell?

The common consensus in the Halifax real estate market is that is it best to sell your condo in the Spring. The weather is starting to get nice, folks are out and about, and moving is generally easier. However, there are pros and cons to selling at any time of the year. A disadvantage in the spring is that there is more competition, as most people choose to list during the warmer months. If your condo is near a sought after school, it may be best to list it in the summer, as many parents look for property during this time. When you list on off-season (winter) there is much less competition. Also, job transfers typically happen at the start of the year, meaning there are folks still condo hunting in the middle of winter.

Who pays the REALTOR® fees?

The seller is typically responsible for the commission fee that REALTORS® charge. The percentage of the sold price is typically 4-6%. Half of this is paid to the buyer’s agent brokerage and a half to your representation. This cost is built into the sale price before the house hits the market.

How long does it take to sell a condo?

According to our MLS system, condos sold in on average 42 days this past year. Our Halifax Market has been extremely hot, so this is short in comparison to previous years. If we look at the past decade, condos sold in on average 91 days. Most REALTORS® will agree that if a condo does not sell within 8 weeks, then a price change may need to be made.

What is a title search?

A title search is the search of public records to ensure that the seller does in fact own the property. A search of all of the title records applicable will occur to determine if the title is valid. This will confirm the property’s legal ownership, the history of the piece of land and if there are any claims against the property.

What is the difference between list price and sold price?

The list price is the price at which you and your REALTOR® decide to place your condo on the market for. This will be the price that is advertised and submitted on the MLS system. The sold price is the price that the buyer agrees to pay with an agreement of purchase and sale. You are entitled to accept any price, however, your REALTOR® can advise you on making the best decision for your situation. Buyers can offer above or below the listing price, and whichever price you accept ends up being the sold price.

Why should I hire you to sell my condo?

Our team is experienced, professional and dedicated. We do everything in our power to ensure the success of a smooth, stress-free sale. We want our clients to enjoy the process from start to finish, and receive the maximum return. We offer a variety of complimentary services for each of our clients as well which can be found by visiting our Why Sell With Us page. You can also browse our Testimonials to see what our previous sellers have to say!

Still have questions? Call or email us today, we’d be happy to help!

Andrew Perkins

902-488-0012

Andrew@andrewperkins.ca

Exciting News! SPCA Partnership

We have special news to share!

Hi everyone! It’s Chewy here, the Chief Barketing Officer at Halifaxcondos.co. As our team plans for the summer ahead, I couldn’t help but think, what are some more ways we could be giving back to our community? We love Halifax, especially the parks and trails, and we want to support our community in any way that we can.

I began to reflect on the people who have made the biggest impact in my life and how grateful I was for those humans. Before I found my mom and Andrew, I was seized from an unfit home by a rescue organization. These situations can be scary for doggies if the right humans and resources are not present. Luckily for me, Halifax supports the local animal shelters greatly, so my experience wasn’t scary at all! My mom took me in as a foster pup, which resulted in my forever home! If it wasn’t for the donations, volunteers and community Halifax boasts, I may have not been so lucky.

Without these organizations, I would have never found my mom and uncle Andrew! 

My mission is to ensure that all rescue doggies have soft beds, toys and yummy food to comfort them while they wait for their forever homes! I hope that all doggies (and yes I will admit, even kitties) have warm and cozy places to call home during those transitions. The more doggies that survive and thrive in shelters and foster homes, the more friends I can make down the road at Point Pleasant Park!

So, now to the announcement. As Chief Barketing Officer, I am proud to announce that the team at Andrew Perkins Real Estate (which owns and operates halifaxcondos.co) will begin donating $100.00 for every property sold to the Nova Scotia SPCA! This is the first of many future initiatives that I will be putting in place to give back to our community. To keep you in the loop, I will post updates periodically on Halifax Condo’s social media to show our continuing tally of funds donated to help the pups!

If you have any other ideas on how we can help Halifax, let us know!

For now, I will be having fun in the sun, playing with my ball and sleeping on my favourite blankey. Later!

Chewy Browne

Chief Barketing Officer

HalifaxCondos.co

House or Condo? Which is Better?

The two most popular property choices when purchasing are, a single-family home or a condominium. Most wonder, which is better? If you ask around, you will likely receive a different answer from each and every person. That is because the truth is, neither is better. Condominiums work great for certain wants and needs, and single-family homes work great for others. So, which is best for you? We decided to dig into the pros and cons of both so that you can learn which would suit you best.

Single Family Home

Pros:

 

Private Yard

When you own a single-family home, you own the land that it is built on as well. This means you are able to customize your yard to your liking. It’s true that some condo buildings have common outdoor spaces, but they are all shared. You cannot guarantee that other residents will not be occupying the shared spaces when you feel like using them. With a single-family home, you can decorate your yard in any way you wish, use it to host family nights, play with your pets and more. You never have to worry about other people using it because it is yours and yours only. 

Control over the Property

When you own a home, you can customize the inside however you like as well. If you feel like tearing down a wall to expand your master bedroom, you do not need anyone’s approval. With a condo, customizations may require board approval. If you want full control over the design of your home, it would be wise to search for a single-family home. Single-family homes work great for families that may need to alter the layout of their space to accommodate growing children.

More Storage Space

With a single-family home, you tend to have more storage space. Some have garages, basements, extra closets and more. Condos typically have storage units that you can either rent or are part of your condo fees, however, they are not nearly the size of a basement or garage. If you are someone who needs added storage space for your family, your hobbies or both, consider a single-family home. You may be able to even build additional sheds on the land of a single-family home if zoning permits it for additional storage.

Easier to Sell

Since single-family homes are the more traditional approach, they are typically easier to sell. They make great investments for multiple property owners too as they can act as move-in homes or investments. Condo popularity is on the rise, but it seems that single-family homes always stand the test of time. Also, banks are usually more comfortable lending for single-family homes rather than multi-family homes in terms of investing. 

Cons:

More Expensive

Because of the added land and space, Single-family homes are often more expensive than condos. So, if you are a first-time home buyer, a single-family home may be priced higher than your budget. In Halifax alone, the average price for a condo in the past twelve months was $343,383, while the average price of a single-family home was $421,891! That is around 80K more! All of that added space, yard and storage comes with an added cost!

Renovation and Maintenance costs

When you own a single-family home, you are in charge of any needed renovations and maintenance. If your foundation needs repair, if your hot water heater malfunctions or you get termite damage, it is money out of your own pocket. If you are thinking of purchasing a single-family home, make sure you have savings for these unexpected costs.

Utility Costs are All Yours

When you live in a condo, some of the utilities, such as water, may be included in your condo fees. With a home, you are responsible for all utility costs. This can be an additional 500-1000$ per month depending on how much energy you use, and your internet package. With single-family homes being typically larger than condos, their energy bills are usually higher too.

No Amenities

Even though you do get your own yard when you own a home, the land and maybe a garage are the only added “amenities”. Some condo buildings have a large variety of amenities that can make living feel luxurious. This can include gyms, pools, rooftop terraces, common rooms for parties, dog wash stations and more. 

Condos

Pros:

Cheaper Insurance

Because you are only insuring the four walls in which you live in for a condo, home owner’s insurance is typically cheaper for condo owners. The condominium building has its own insurance to cover the building, therefore you are liable for much fewer moving parts than a whole single-family home. 

Amenities

As we spoke about in the cons of owning a single-family home, condo buildings can offer many amenities to add luxury to your life. Condo buildings often include gyms, swimming pools, underground parking, concierge service, on-site management, snow removal, landscaping and more, making living a breeze. If you are not someone who likes to maintain the exterior of their home, condo living is for you. These amenities are also most beneficial for retirees who would rather not be responsible for added maintenance.

Location

Condominium buildings are normally situated in downtown areas of cities, or at least close to downtown. This gives condo owners great access to the best areas of the city. If you enjoy being just a walk away from a cafe, grocer or bar, then condo living is for you. This feature makes condo living great for working professionals who would rather walk to work than have to commute. 

Less Space/Downsize

Sometimes, extra space is not always the best thing. If you are looking to downsize, live alone or are just a family of two, you may not want extra space. In fact, having to keep extra space clean and maintained may overwhelm you. In this case, a condo would be a great choice as they are typically smaller. Think of a couple whose children have all grown up: perhaps they do not want to upkeep an entire house anymore. 

Cons:

Harder to sell

Condos are not necessarily hard to sell, but they typically are a little harder to sell than single-family homes. Condos have gained popularity in recent years, however, there are still always more buyers looking for single-family homes. If we look at the Halifax market over the past twelve months, Single Family Homes have sold in on average 39 days, while condos have sold in on average 49 days. Both have sold fast, but as you can see, condos tend to take a little longer.

Condo Fees

Each condo building has a corporation in which owners must pay dues to monthly. These fees go towards the maintenance, amenities and major repairs or improvements of the building. These fees also give owners access to all of the common elements in the building. They are an added expense, however, they may sometimes include your parking and some utilities, which helps offset the cost. 

Limitations

One of the main issues with condos that owners face is the limits on how units can be customized. When shopping for a condo, make sure you are very happy with its layout and style, as many renovations must be approved by the condo board. There are also many added rules when living in a condo building that must be respected in order to provide a healthy atmosphere for all condo owners.

Less Privacy

Living in a condo building means sharing walls with your neighbours. This can foster a great community, however, it means less privacy as well. You must also be mindful of your neighbours when living in a condo building, meaning you need to be conscious of your noise levels in the late hours of the night. If you are someone who often throws parties or enjoys entertaining, you may want to consider a single-family home.

The Bottom Line

There are many other pros and cons we could list here, but I think we got the point across: there is not a clear cut answer on whether condos or single-family homes are best. If you are still stumped, you can always give us a call! We would be happy to point you in the right direction! 

Andrew Perkins

902-488-0012

andrew@andrewperkins.co

Let's Shop Local This Lockdown!

COVID-19 has made a huge impact on how Nova Scotians spend their days. With wearing masks, staying distanced, limiting contact with loved ones and limiting shopping, our daily lives have altered. With the ongoing restrictions for stores, small businesses in the area have been affected greatly. When you do go out to get your essentials, choosing between a big box store or a local one can make a huge difference for Halifax families. It may be the difference in whether we see many of these businesses survive the pandemic. Halifax would not be its cultured and unique self without the many small businesses we have. We have created a list of local businesses supplying essential items that you can support during lockdown to keep our local economy strong. Check them out! 

Local Grocers

 

Local Source Market

Local Source Market is a Fresh Farm Goods Market & Bakery located on Agricola Street in the North End of Halifax. You can order their products online and schedule a pickup time to limit social contact and to follow local protocols!

https://www.localsourcemarket.com/

Organic Earth

Organic Earth Market is a Health Food Store & Grocer located on Quinpool Road in the West End of Halifax. They are currently open for in-person shopping, and you can place an order over the phone for curbside pick up if you are not comfortable going inside. 

https://www.organicearthmarket.com/

Bedford Basin Farmer’s Market

Bedford Basin Farmer’s Market offers a wide variety of fresh, and local products in Bedford. They do not currently offer curbside pickup, however, they are open to the general public for in-person shopping. There is also a garden centre attached to this farmer’s market, so if you are doing some gardening during this lockdown, it's a one-stop-shop!

https://www.bedfordbasinmarket.com/

Arthur’s Urban Market

Arthur’s Urban Market is a gourmet grocer located on Hollis Street in Downtown Halifax. They are currently offering in-person shopping as well as same-day delivery. For the same-day delivery, you need to email or call in your shopping list. Details are on their site!

https://arthursmarket.ca/

Local Pet Stores

 

Best Friends Pet Supplies

Best Friend Pet Supplies is a locally owned pet supplies store located in Hammonds Plains. They are currently only allowing 3 people in their store at a time, and also offer call-in orders that they can bring to your car so you can minimize contact!

https://www.bestfriendspetsupplies.ca/

Jolly Tails

Jolly Tails is a Dog Boarding and Pet Supplies Store located in Dartmouth, Nova Scotia. They are currently open for curb-side pick-up and in-person shopping. For curbside pick-up, simply call in and place your order!

https://jollytails.ca/pet-store

Local Home Improvement

Happy Harry’s

Happy Harry’s is an Affordable Building Centre that is locally owned and located in Dartmouth. You can shop online and select "pick up in-store" for curb-side pickup, or shop in person! 

https://happyharry.com/

Kynock Resources

If you are looking for topsoil, mulch, sand or gravel for outdoor home projects during this lockdown, Kynock Resources is a great local provider. Located in Hammonds Plains, they can do home delivery, and have COVID safety protocols in place to stay distanced and minimize contact.

https://www.kynock.com/

Local Pharmacy

Compass Pharmacy

Compass Pharmacy is a locally owned company consisting of 7 pharmacies in the HRM. They all have an online prescription refill service for reduced in-person contact and offer in-person shopping as well. They are a great way to support local during the lockdown!

https://compassrx.ca/

Nova Pharmacy

Nova Pharmacy is a locally owned Pharmacy in the South End of Halifax. They have an online shop, offer delivery to anywhere on the Peninsula and also offer in-person shopping!

https://nova-pharmacy.myshopify.com/

Family Drug Centre

Family Drug Centre is another locally owned pharmacy located on Portland Street in Dartmouth. They offer free prescription delivery, online prescription refill and in-person shopping!

https://familydrugcentre.ca/

Local Sporting Goods

The Trail Shop

The Trail Shop is an independently owned outdoor gear store located on Quinpool Road in the West End of Halifax. They offer online shopping, 5$ Delivery in the HRM, and virtual shopping, where you can speak with an associate over zoom if you have questions and need guidance on gear!

https://www.trailshop.com/

Cyclesmith

Cyclesmith is a local Bicycle & Gear Shop located on Agricola Street in Downtown Halifax. They are currently closed for in-person shopping but offer curbside pickup and online. Shipping within Nova Scotia is free!

https://www.cyclesmith.ca/

Fishing Fever Fly And Tackle Shop

Fishing Fever Fly & Tackle Shop is a Fishing Gear Store, located on Barrington Street in Downtown Halifax. They specialize in all things fishing, are open for walk-in service, offer curbside pickup with orders placed over the phone and have an online store!

https://www.fishingfever.ca/

Local Craft Supply Stores

Yu Yo Craft Supply + Tea House

Yu Yo Craft Supply is a local craft store located on Lower Water Street in Downtown Halifax. They are currently only offering online order and curbside pick-up. You can subscribe to their newsletter for added coupons!

https://yuyo.ca/

Deserres

Deserres is a locally owned craft store located on Barrington Street in Downtown Halifax. They offer online shopping, contactless pick up as well as home delivery. You can also call the store directly to place your order!

https://www.deserres.ca/en/halifax

Maritime Hobbie’s & Crafts

Maritime Hobbies & Crafts is a hobby shop that specializes in model kits located on Grafton Street in Downtown Halifax. You can place orders on their website or over the phone for home delivery or curbside pick up!

https://maritimehobbies.ca/

Atlantic Fabrics

Atlantic Fabrics is a sewing shop located on Woodlawn Road in Dartmouth. They are currently open for curbside pickup and delivery. You can place your order by email or phone, and they are offering free delivery in Nova Scotia to orders over $100.00!

https://www.facebook.com/AtlanticFabricsLtd/

and you know beer is essential to Nova Scotians so...

Local Breweries

Brightwood Brewery

Brightwood Brewery is a craft beer brewery and taproom located on Portland Street in Dartmouth. They are currently offering online shopping, window pick up and $4.00 HRM deliveries. You must order by 2 pm for same-day pickup!

https://www.brightwoodbrewery.com/

Rockhead Wine&Beer

Rockhead Wine & Beer Market is a local liquor store located on Windsor Street in the North End of Halifax. They are open for in-person shopping and curbside pick up! They are the place to stop for local spirits, wine and beer! They also deliver anywhere in Nova Scotia.

https://www.rockhead.ca/

Ninelocks Brewing Company

Ninelocks Craft Brewery is located on Mic Mac Place in Dartmouth close to the historic Shubenacadie Canal. They currently offer curbside pickup and local delivery! Orders will be delivered the same day if ordered before 12pm!

https://ninelocksbrewing.ca/#welcome

We are sure there are many other small businesses still operating during this lock down, these are just a few that we could find which carry essentials. When you shop local, you are supporting Nova Scotia families and our province’s economy. We always need to buy the essentials, so why not help the community while you are at it!

If you know of any other local businesses that carry essentials and offer COVID safe shopping, let us know!

Andrew Perkins

902-488-0012

Andrew@andrewperkins.ca

Best Halifax Parks for You and Your Dog!

Hey everyone, it’s Chewy here. I am the CBO(Chief Barketing Officer) for Andrew Perkins Real Estate.  I wanted to tell you all about my favourite places to walk in Halifax.  My top five are the ones that I frequent all the time with my mom and uncle Andrew.  The last few are ones that I haven’t tried yet, but my doggie friends have told me they are great. If they are on this list, I am sure my mom will get me there soon.  

Let’s dig into my top 5!

[Pictured here is me and my mom!]

Point Pleasant Park

This is my number one park to go to.  I am the king of this park and all the other dogs know it.  My dog walker Tony takes me here most weekdays with his pack of dogs, and my uncle Andrew usually takes me on Wednesdays and or Fridays.  I love it here.  

A little bit about this park:  Point Pleasant Park is one of the most popular parks to go for stroll in Halifax. It is located on the Halifax Peninsula, in the South End. There are several off-leash areas, waterside trails, historic sites and wide-open areas to play fetch! I love to fetch my ball, and once I get it, you probably won’t get it back! There are some areas that are on-leash only, but I stay away from those. I like to roam free.  Always consult your park map before letting your pup run free. It is also good to note, that there is not a lot of freshwater spots along these trails, as Point Pleasant Park hugs the ocean. So, make sure to bring your dog some water for them to drink.  My parents always make sure they have water on hot summer days for me and I can’t thank them enough! 

Ashburn Golf Club

I live close to this golf course and I have to say it is awesome in the wintertime. There are so many wide-open spaces to run!

Ashburn Golf Course is a great place to bring your dog for a walk in the winter months. From December 15th until March 15th, this Members-only club opens its doors to the community’s dogs, allowing them to run free in the wide-open spaces that the club has to offer. There are some areas that they ask you not to tread on, but those are marked by being covered in tarps. Ashburn Golf Course is also located on the Halifax Peninsula.

Long Lake Provincial Park

My mom and her friend Natalie love to take me to this park on the weekends.   It’s usually packed with other doggies.  I love to sit by the water and chill out. 

This park is great for those hot summer days as there is a lot of water access. It is considered an on-leash park, however, I always see many pups roaming free. According to Dogventures, there have been owners ticketed here for off-leash pups, so do your moms and dads a favour and stay on your leash! There is a combination of dirt paths in the wooded areas, and newer trails that are wide and gravelled. A great park all around!

Duncan’s Cove

There is nothing better than feeling that fresh ocean breeze on my face.  My mom loves to take me here on the weekends.  It’s an amazing walk and I am always tuckered out after walking here. 

This hike is only for agile dogs like myself. It is a bit rugged, and there are some steep hills. If you are like me, and like a good challenge, check out Duncan’s Cove. There are beautiful views of the ocean, and cool war bunkers to check out! There are also areas with wide-open space great for showing off your speed. This hike will make you really feel like you are out of the city, and one with nature!

Halifax Common

My uncle Andrew lives close to the Commons and he takes me here when he doesn’t have time to take me to Point Pleasant Park.  We run around for a bit and then sit and bask in the sun and people watch. There are so many other doggies walking around that I can play and socialize with, although I am a little picky on who I play with...

The Halifax Common is the definition of an urban park. Situated in Downtown Halifax, the wide-open fields invite many downtown residents to read a book, play frisbee, or even better, bring their pups. There are tennis courts, baseball diamonds, a splash pad, a swimming pool, a playground and more! Did you know that the Halifax Common is Canada’s oldest Urban Park?

Crystal Crescent Beach Provincial Park

This is one of my favourite beaches ever. The white sand is always warm on my paws, and the clear water is great for splashing in. I like to burn my energy by hiking these fun trails with my mom!

Crystal Crescent Beach is located about 30 minutes outside of Central Halifax. The trails are on-leash but have great views and Instagram worthy spots to take pictures of your furry friends. The main trails pass three beaches, and so you have been warned, the third beach often doubles as a nude beach. The second beach is the most dog friendly, and allows for off-leash play!

I like to stick close to home, which is the Halifax area, but here are some other awesome places that my doggie friends have told me are great!

Shubie Park

I haven’t spent a lot of time in this park but I have heard good things from my fellow dog friends.  Shubie Park makes the list for its large off-leash dog areas, kilometres of tree-covered trails and beach areas. There are a ton of different entrances to get into Shubie Park, and there are lots of signs that will help guide you to the off-leash areas. Shubie Park is similar in its dog-friendliness to Point Pleasant Park but is located in Dartmouth near Dartmouth Crossing. This park is well maintained by the Halifax municipality, and has some lake access for your dog to take a dip!

Dartmouth Common

Another Dartmouth Dog-Friendly Park that is often overlooked is the Dartmouth Common. I do not visit this park too often as it is not near my home. From what I have heard, the Dartmouth Common is located in Downtown Dartmouth and has wide and beautiful off-leash dog areas. The Common is perfect for the fall, or any time when the air is crisp. There is not any water access so you may want to consider skipping the common on a hot summer day. With over 10 blocks of walking trails, 300 acres in perimeter and many open fields, your dog is sure to have a great time! Legend has it, that if you and your dog make it to the top of the hill, you will see a breathtaking view of Downtown Halifax across the water. I’ll be asking my mom to take me here soon to see for myself!

Hemlock Ravine Park

Located in Bedford, Hemlock Ravine Park is another park in Halifax that allows off-leash dogs. The difference at this park is off-leash dogs are only permitted during certain times of the day, and you usually have to walk about 10 minutes with your dog on-leash to get to the off-leash area. There are a few hours in the morning and evening each day that allow your pup to run free. This Park is well maintained by the Halifax Regional Municipality and makes a great area for your dog to explore year-round. Many of the trails border the ravines too for some beautiful water scenery. Bedford doggies, remember this park next time your parents ask you to go for a walk!

Herring Cove Provincial Park

Herring Cove Provincial Park is a great area to bring your pup if you want to experience the beautiful Nova Scotia Coast. There are views of the Halifax Harbour from the parking lot, and the trails are a little rugged: perfect for those dogs who like a hike and have a little extra energy to burn off. Just be aware, the trails are dog-friendly, but the actual beach is not, so if you want to run in the waves, you will have to choose another one of the many Halifax beaches!

Polly Cove Park

Polly Cove offers the same stunning views as Peggy’s Cove but typically has a little more privacy. There are lots of wildflowers for your dog to explore, and birds your dog will enjoying watching with you. This park is on-leash only, so just be sure to keep your pup’s close by and leashed up! Make sure to check out the abandoned war bunkers while you are hiking through.

Sackville Lake Provincial Park

This provincial park has great lake access and lots of trails that wander in and out of the forest to keep the scenery dynamic for your excited pup! This park is maintained by the municipality and very accessible. This park is accessible all year round is dog friendly but leash-only. It is a local go-to for many dog owners in the Sackville Area! Check this one out in the fall for some beautiful Halifax fall colours.

These are all of my favourite parks! If you see me there, be sure to say hi!

Chewy Browne

Chief Barketing Officer

New Halifax Condominium Developments to Keep on Your Radar!

In recent years, the city of Halifax has been steadily gaining popularity. Just this month Maclean's Magazine named Halifax the best community to live in, in all of Canada! With its increasing popularity, Halifax has added some recent developments to the area. Let's review a few of the new condominium buildings that are on the rise!

NRTH Condos

NRTH Condos is another new condominium development that will be situated on the corner of Bilby Street and Gottingen Street in the North End of Halifax. This development will house 72 residential units among 8 stories. Developed by Urban Capital, the same developers who created Southport and Gorsebrook condos. Designed by Breakhouse Architects and Michael Napier Architecture, this building will feature underground parking, a fully equipped exercise room, a high-security lobby, and 3500 square feet of retail space on the ground level.

NRTH Condos is designed in honour of one of Halifax’s coolest neighbourhoods: The North End. It will combine modern and industrial finishes to create a stylish living space for working professionals in the area. Prepare yourself for large windows, concrete finishes and exposed ceilings.

Preston & Pepperell

Preston & Pepperell is the second condominium development to keep on your radar. It is located on the corner of Pepperell and Preston street in the South End of Halifax. These units were developed by Westwood Developments, the same developers behind popular condo buildings like Gladstone and Summer Gardens. Each condo will have its own private address and entrance: there will be no common hallways. This is a very unique feature not usually present in condo buildings. Condo fees will be kept low with fewer amenities: The main common element will be a sun-filled courtyard to gather with friends and family.

All units will have their own private decks and balconies, as well as smart home features. With concrete walls between each unit, as well as video security for the doors, units in this development will have the utmost soundproofing and security.

Aria at Long Lake

Aria at Long Lake is a new condo development on Dunbrack Street in Clayton Park that will have a total of 400 residential units. Developed by Polycorp and designed by Michael Napier Architecture, this development is aiming to bring the natural beauty of Long lake provincial park, and the urban experience of Downtown Halifax together to create an ideal living experience. Amenities will include a dog wash station, exercise room, community lounge, kayak storage & repair, car wash bay and more.

It will be constructed with Polycorp’s signature ICF system (insulating concrete form) and it will have triple glazed windows and doors. Polycorp aims to build this development with a low environmental impact, meeting LEED(Leadership in Energy and Environmental Design) standards.

Seapoint Condos

Seapoint Condos is a new condominium development in Dartmouth on one of the last pieces of waterfront property on the Halifax Harbour. Developed by Elm Developments and designed by Paul Skerry and Associates, these buildings will be built on a private 22-acre oceanfront area beside the Dartmouth Yacht Club. It will be comprised of condos and townhomes, commercial space, grocery stores, coffee shops, restaurants and more. It will have some of the best views of the Halifax skyline that there is.

Amenities will include heated underground parking, professionally equipped gym, entertainment room, gourmet kitchen, bbq patio, guest suite and more.

Do any of these developments speak to you? If so, let us know and we can help you through the process. We have sold many new construction units to our clients in the past. Any of the three would be a great future home!

Projects You Can Do This Weekend to Increase Your Condo's Value

When we hear the term “upgrade your space”, we often expect a large price tag to follow. This is not always the case. There are some quick and easy projects you can attempt in a weekend to make your condo appear newer, and more appealing to potential buyers. If you are a condo owner, and not planning on selling, these upgrades will make your unit feel brand new for you and your family. 

Paint the Cabinets

Installing brand new cabinetry can be a serious expense. But, that doesn’t mean we have to live with old, faded or scuffed cabinets. Add a coat of paint to your cabinet doors this weekend to freshen up your kitchen space. Pair this with some new hardware, and your cabinets will look good as new. Our tip is, the harder the finish, the better: you want something that will be very easy to wipe down and clean.

Upgrade your fixtures

Opt for some modern fixtures such as black or brushed nickel finishes. Brushed faucets tend to hide fingerprints a grim a little better than polished ones. While you are at it, clean underneath the faucet before securing the new one so your sink looks brand new. Brass, nickel and bronze fixtures are known to withstand moisture and friction the longest. 

Replace your doors

This option is obviously a bit more pricey than a coat of paint, however, if you have a little bit of extra money to spend, replace all of your inside doors, so they all match and are not scuffed nor dented. Choose a neutral colour other than white for a sophisticated, yet unique spin on your condo decor. For an added level of cohesiveness, choose doorknobs that match your new faucets and hardware.

Use Smart Technology

Install a smart thermostat, a smart home system like Amazon Alexa or Google Home, a Sonos Speaker System or smart LED light bulbs. Buyers are eager for secure technology in their future condos, and to have these features already set up will not only make your life easier but will also make your condo stand out among buyers when the time comes to sell. 

Increase Your Storage

Increase your storage by adding some shelving, extra cabinets or redo the shelving in your closets. One of the most common news that condo buyers express is storage space. So, by investing in this, you could motivate a buyer to make a nice offer. Check out Ikea for some affordable shelving units and storage ideas.

Change Light Fixtures

Light fixtures have a huge impact on the feel of a space. Fixtures with interesting design and soft lighting can make a space feel luxurious. With stores like Ikea and Wayfair, there are many cheap options for lighting that can look as good as real chandeliers. Just make sure that you have an electrician install your fixtures for you to protect yourself from injury.

Will you be incorporating any of these upgrades into your weekend plans? Maybe you already have updated your condo in these ways before. If you have, let us know how it went!

Andrew Perkins

andrew@andrewperkins.co

902-488-0012

11 Restaurants You Need to Try In Halifax

Halifax has a very unique food scene: The majority of our local restaurants source local ingredients, incorporate our renowned seafood, and of course, feature donairs. Haligonians make enjoying local cuisine a hobby. With many food festivals, the Dine Nova Scotia Association, award-wining chefs and so many unique choices, Halifax is the food hub of Atlantic Canada.

Below we have curated a list of our favourite spots in no particular order to dine in Downtown Halifax!

The Bicycle Thief

The Bicycle Thief is an upscale Italian Fusion restaurant on the gorgeous Halifax Waterfront. Their menu choices range from fresh local seafood to three-course Italian dinners. The Bicycle Thief also features a legendary wine bar and a heated patio for those cold Halifax winters.

Visit Their Website Here

Julep Kitchen and Cocktails

You’ll want to make sure your phone is charged to Instagram your dish and drink when you head to Julep. Known for their stunning presentation and delicious flavours, Julep is a newer restaurant to hit Barrington Street and we know it’ll be here for years to come.

 Visit Their Website Here

Hermitage

Hermitage was developed by the same folks who created Julep, which shows just how delicious their dishes are. Hermitage offers chef-led tastings daily, and their presentation is to die for. The atmosphere, flavours and menu selection all exude sophistication and attention to detail.

Visit Their Website Here

Ristorante a Mano

Ristorante a Mano is an upscale eatery that specializes in classic Italian meals. Situated on the Halifax Waterfront, it is a must-see. The ambience is exceptional, the service is fast and the food is delicious! The owners of a Mano also own the Bicycle Thief and La Frasca found on Spring Garden Road.

Visit Website Here

2 Doors Down Food + Wine

If you are looking for a crisp local beer, head to 2 Doors Down! 2 Doors Down is a casual urban bar and eatery that rotates its menu seasonally. Space is limited so book ahead to secure a seat: based on the quality of food and drink they will be booked solid most nights. They also have some great vegetarian options!

Visit Their Website Here

Elliot & Vine

Elliot & Vine is a European style restaurant with a modern twist in Halifax’s trendy North End. Their dine-in space has the perfect intimate atmosphere for a romantic night or drinks with friends after work. The food is exceptional, and if that isn’t enough,  their breathtaking murals created by artist Jean Bradbury inside are enough of a reason to stop by. 

Visit Their Website Here

Agricola Street Brasserie

Stop by the Agricola Street Brasserie to experience French-inspired seasonal cuisine and you will not be disappointed. Not only does the Brasserie serve exceptional diner with original flare, but they also have a killer brunch. We highly recommend trying the seafood here as they pledge to source all of their seafood sustainably!

 Visit Their Website Here

The Barrington - Steakhouse & Oyster Bar

You are guaranteed a delicious Atlantic steak if you order one from the Barrington. Aged and cut in house, their beef is cooked to perfection and typically served along with maritime oysters. Tourists and locals alike agree that dining at the Barrington is an experience to remember. This steakhouse and bar hosts local musicians for those who wish to be entertained while dining too!

Visit Their Website Here 

Blue Olive - Greek Taverna

If you are searching for authentic Greek cuisine in Halifax, the Blue Olive is where you should be heading. Their recipes are authentically greek and have been passed down for generations. The Blue Olive also has many vegetarian and vegan options that are absolutely delicious!

Visit Their Website Here 

Da Maurizio

Da Maurizio offers a premier dining experience on Halifax’s historic waterfront. Known for their exquisite variations on Italian cuisine, their award-winning menus will exceed all of your expectations. Their outstanding service (and wine list) has made Da Maurizio an all-time favourite for locals and tourists.

Visit Their Website Here

Will you be checking out any restaurants on our list in the near future? Halifax has so many delicious local restaurants to try, you are sure to land on something tasty on your next venture out!

Cheers, 

Andrew Perkins

The Top 5 Most Luxurious Condos For Sale in Halifax

There is really nothing that can't be found like living in Downtown Halifax anywhere else in Atlantic Canada. The exciting waterfront, the array of small businesses, the cultural scene and beautiful condos all make Halifax the urban capital of the Maritimes. The best way to live as close as possible to all of the excitement that downtown Halifax has to offer is to embrace condo living: and Halifax has some seriously beautiful condos to offer. Here are the top 5 most and beautiful and luxurious condos currently for sale on the Halifax Market!

#5: 1409 1650 Granville Street

Price: $1,252,500

View Listing Here

This unit is for buyers who want to experience the historic and urban views that Halifax has to offer from their living room.

#4: 16 6770 Jubilee Road

Price: $1,980,000

View Listing Here

Coming in at #4 is this stunning condo townhouse on Jubilee Road in the South End of Halifax.

#3: 1801 6369 Coburg Road

Price: $1,995,900

View Listing Here

On the other end of the spectrum, we have this gorgeous penthouse condo situated in the Downtown Core.

#2: 1905 1650 Granville Street 

Price: $2,495,000

View Listing Here

This unit is as modern as it gets. Granville Street is just steps away from Halifax’s famous Barrington & Argyle Streets, giving its owners the true Halifax experience.

#1: PH Level 6 1477 Lower Water Street

Price: $3,500,000

View Listing Here

In the number one spot for luxury Halifax condos for sale is Penthouse 6 on 1477 Lower Water Street.

These beautiful condos are the most luxurious units available as of January 27th, 2021 on the Halifax Market. Our beautiful province boasts tons of other stunning condos with gorgeous views as well. We like to argue that we are home to some of the most affordable luxury condos in the country! There is nothing like east coast living.

Should you refinance your condo?

In 2020, we all spent a lot of time at home, and this has given a lot of us time to reconsider our financial situations. With the hit that the economy has taken due to the spread of COVID 19, it is important now more than ever to reduce your debt and curb your spending. Save your money and spend it wisely, like with investments that will pay off in the future.

Many have already realized this, which is why the real estate market has been booming. More and more buyers are eager to put their money into something that will reap rewards down the road. We can see with the Halifax real estate market statistics, that buying Halifax real estate will do just that.

This past year, mortgage rates in the area, and all over North America have dipped. This is not only a great opportunity for first-time condo buyers but also for current condo owners, as there is always the option to refinance your mortgage.

So instead of paying more than you need on interest for your mortgage, why not evaluate whether you are in the position to refinance for a lower interest rate?

Refinancing your mortgage means that you are breaking your mortgage to start a new one. This can be done with your current lender or even a new one. Before you jump in, it’s good to note that breaking a mortgage comes with a financial penalty. Always make sure that the savings that occur with refinancing are greater than the penalty.

The decision to refinance is a very personal one and takes into account many different factors. Let's dig into the factors that if applicable to you, would mean that refinancing is a good option.

The most obvious reason homeowners refinance is due to lower interest rates. An example that Investopedia gives states that if you took out a mortgage of $300,000 with a 6% interest rate, and that rate now can drop to 4.5%, you could save approximately 280$ on monthly payments.

If you are planning to own your condo for a while, then refinancing would be a good option. If you are not, you may not end up saving money as you will need to pay a financial penalty for breaking your mortgage.

Condo owners also chose to refinance to access equity. When you refinance, the lender will offer you a loan of 80% of the appraised value of your condo, less the debt you currently owe. This can mean extra cash for you to use for other investments, to consolidate debt, or to put towards a downpayment on a second property. If you are doing this, your mortgage monthly payments will increase based on the amount that you borrow.

Another reason that condo owners refinance is to switch their adjustable-rate mortgage to a secure fixed-rate.

You may want to do this if your lender is offering historically low rates and you wish to lock in that rate for the remainder of your mortgage. No condo owner ever wants to see drastic increases in their monthly payments due to a spike in mortgage rates. There is always the potential for this to occur when you are locked into an adjustable-rate mortgage.

Condo owners may also want to refinance if their credit score has improved since they took out their first loan. If your credit score was not great when you first applied for your mortgage, the lender may have added a higher interest rate. If your credit score has increased since then, lenders will assume that you can pay back your loan more reliably, and thus you are less of a risk for them to take on as a client. This can score you some seriously lower interest rates!

If you are in a situation where you would like your monthly mortgage payments to be lower than they currently are, refinancing may be for you. If there is not a lower mortgage rate to achieve this, you can refinance for a longer-term. You should know, extending your loan only makes sense if you desperately need to make lower payments. This will not save you money in the long term, as you will end up paying more in interest, but may help ease the burden in the meantime.

Things to remember when shopping around for refinancing options...

It's important to approach a few different lenders when thinking about refinancing, as each lender will offer a different rate. Like any big purchase, you want to ensure you know all of your options to score the best deal.

It may seem easiest to simply go online and use a free estimate generator. You should know, these are rarely accurate. With this way, you also have no control over where your information goes. We recommend always approaching lenders directly so that your information is secure, and you get the most accurate estimates to evaluate.

You can also reach out to a mortgage broker, who will do most of the heavy lifting for you. Mortgage brokers are professionals who will compile information for you from multiple lenders to provide you with your best options. We always recommend Shawna Snair with Premiere Mortgage Centre to our clients!

The bottom line is, refinancing ultimately depends on your unique situation. A good rule of thumb is that if you're savings from a lower interest rate or better credit score outweighs the costs that will come with refinancing, then it is a good idea look into it.

Experts are predicting that mortgage rates may begin to rise again midway through 2021, meaning there is no time like the present to consider refinancing.

Rate Hub does a great job at summarizing the pros and cons of refinancing in the chart below:

Table Source: Rate Hub: Mortgage Refinance. 2020

If you wish to chat more about mortgage tips, reach out!

Cheers, 

Andrew

902-488-0012

andrew@andrewperkins.ca

Sources:

https://www.investopedia.com/mortgage/refinance/

https://www.bankrate.com/mortgages/should-you-refinance-in-2021/

https://www.ratehub.ca/mortgage-refinance