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PostPosted: Fri Mar 20, 2015 10:01 am 
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martin prince wrote:
How much of a price bath do the homes that front on to the 401 take?

The homes in Dempsey that face the 401 do sell for a lower price per square foot on average than the other areas of New Milton.


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PostPosted: Fri Mar 20, 2015 10:05 am 
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Fred D wrote:
martin prince wrote:
How much of a price bath do the homes that front on to the 401 take?

The homes in Dempsey that face the 401 do sell for a lower price per square foot on average than the other areas of New Milton.


But by how much? Is it armageddon like? Is the whole neighborhood affected or just the one line of homes that open their door to me driving to work?

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PostPosted: Fri Mar 20, 2015 10:08 am 
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rickp wrote:
...
Work with CN to get trucks on Tremaine, where 3 lanes will be the norm and they will have access right to the 401 in a few years (Intermodal not online until 2018 apparently.) Heck, try and get CN to help pay for the 401 interchange at Tremaine, and help them get the Britannia over/underpass built as well!
...


This what I was saying before this thread was derailed/cleaned/closed/reopened.

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PostPosted: Fri Mar 20, 2015 10:09 am 
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justagirl wrote:
Seriously I love it! The guy lands 2 home deals. BANG! Hey Fred, I guess your coffee is tasting better now! :lol: :lol:
I have to admit from what I see on here, he is a very good agent, I think your making a wise choice Whitney


LOL thanks - she has lots of time to make a choice but thanks for the kind words. The truth is there will always be reasons people move, good or bad (upsizing, separation, school needs, huge intermodals, etc). If I'm an option for people to help them out, that's great, I absolutely appreciate that. This is a very active market which is why many agents work here, and I have no complaints about that, but I also won't sit quiet and be fed a bunch of "rainbows and puppies" on an intermodal proposal :) Sorry, I'm just a big skeptic when it comes to stuff like that.

Bring it on (the intermodal), but also bring on the truth. We deserve it.

Marty: The whole area of Dempsey is a little less on average (for a few reasons), but the ones actually FACING the highway / on-ramp take longer to sell and sell for about 3-5% less (But in the buyer's eyes, they are 3-5% cheaper compared to other listings if they don't mind the location, so when they sell again down the road , it'll take longer but it'd be a wash, in theory)


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PostPosted: Fri Mar 20, 2015 10:15 am 
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I think it's irresponsible of our mayor to come out and say property values will plumet and that if he just bought in the area he would re-consider. This from our town leader and representative?

Seriously, I highly doubt property values will be affected by this facility. Those that think so probably sold all of their investments in 2008 AFTER the market tanked and where are they now? Where else will people live? With the shortage of homes and increased demand it will be fine.

I don't necessarily like the idea of this facility, and I would lie down on the tracks only right after our mayor and councillors go first.


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PostPosted: Fri Mar 20, 2015 10:18 am 
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justagirl wrote:
Fred D wrote:
whitney74 wrote:
I feel totally duped. We bought a home in the new development at the end of January. As a result, We also have our current house to sell early next year at Dymott and Tremaine (looking at you, Fred! ;))..

Thanks Whitney, but feel free to delete this before you get junkmail PMs from a whole bunch of agents asking when you're selling :) Just kidding, the competition and choice is good :)
If you'd like, PM or email me your new street / lot location and I'll start gathering info on exact distances / etc from this new monstrosity to see if you'll actually be impacted. I think you'll be safe on the Dymott / Tremaine spot though, unless you're in one of the homes directly facing Tremaine - we sold one of those recently and just facing construction is was tougher than average, as much of the feedback was expected about facing the main road being widened, and most buyers didn't care about the escarpment views when they had to look through construction and traffic first.


Seriously I love it! The guy lands 2 home deals. BANG! Hey Fred, I guess your coffee is tasting better now! :lol: :lol:
I have to admit from what I see on here, he is a very good agent, I think your making a wise choice Whitney


Haha, ya I made up my mind years ago that when we were to eventually sell that we would use Fred. His contributions to this forum is his best form of advertising IMO. As for the new house, we will just have to suck it up and deal. Waited years for the 43's to be released and we took the opportunity when we could.

Fred, I'll PM you the details!


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PostPosted: Fri Mar 20, 2015 10:35 am 
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Hi, can anyone clarify what this CN facility project and when this will start? What would be the impact to adjacent resident and Milton's housing market as a whole? if this plan is detrimental to the resident and value of the houses, Why the federal MP and Transport Minister Lisa Richard does not take any initiative to protect the residents who elected her? People should protest this project.


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PostPosted: Fri Mar 20, 2015 10:42 am 
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Fred D wrote:
Mariana wrote:
Hello Fred,

In your opinion, do you think the impact for older development along NE and NW derry/Thomson would be much less affected in terms of home value?


I don't think that area will be affected by this at all... In my opinion, there is no reason to think that property values in all of Milton will be affected by this.


I'm quite positive that corner of Brittania/25-Tremaine will seriously take a hit on this, not sure how much but it's definitely going to make those homes a lesser value in comparison to North of Derry-Main developments...

I don't pray for it and wishes mayor should have avoided that notion in general but housing market as we know dictates location location location......


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PostPosted: Fri Mar 20, 2015 10:57 am 
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prickly_pete wrote:
Please - townhouses built 50 feet from train tracks on Duncan Lane sell for a kings ransom. 'Location' means nothing in Milton.

This isn't the apocalypse you're making it out to be.


I'm pretty sure location does means something in Milton... How do you think homes in quieter street sells much faster and more than asking in comparable to main st units...

Location is a big thing, ravine is another thing.. try convincing me that location don't mean a thing and I will agree with you... Maybe you have not seen walking score talks in Milton lately...


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PostPosted: Fri Mar 20, 2015 11:15 am 
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prickly_pete wrote:
Mariana wrote:
prickly_pete wrote:
Please - townhouses built 50 feet from train tracks on Duncan Lane sell for a kings ransom. 'Location' means nothing in Milton.

This isn't the apocalypse you're making it out to be.


I'm pretty sure location does means something in Milton... How do you think homes in quieter street sells much faster and more than asking in comparable to main st units...

Location is a big thing, ravine is another thing.. try convincing me that location don't mean a thing and I will agree with you... Maybe you have not seen walking score talks in Milton lately...


It might mean the difference between $10,000-20,000, but certainly not at the levels you keep harping on about. The way you're talking, you make it seem like a large section of Milton is about to become Mordor.

By the way, I bought my current house with several of the qualities you are mentioning for less than asking.


I was actually right at your ballpark, I do apologize if you think 10-20k is a piece of cake..


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PostPosted: Fri Mar 20, 2015 11:56 am 
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Not sure where it hurts... I am right on the spot as far as I'm concerned. Although we may both agree or disagree that my level of knowledge in this matter is far deeper and wider than your simple assumptions and immediate judgment of my intention. As you can see, I've already studied the socio economic impact without disregarding both advantage and disadvantage effect of this particular subject. As I may further conclude, there's a greater chance of providing a catalyst for Milton's economic development at the expense of natural and environmental impact, please do let me know if this sounds a bit confusing to you.

The reason I asked fred and not you is because I'm searching for a more closer opinion in a professional level in regards to the relationship of impact between housing and industrial correlation. I gave you a chance but it's quite a failure from judging how you responded in this matter.

I would appreciate if you just keep that little opinion to yourself since you would simply rather apply your aggressive judgment without putting downright reasonable argument and nothing but a nonsense conclusion towards the other party.

I have no interest how much you sold your house for, all houses can sell for much or less providing all kinds of conditions but my question points to a more concrete ideas in which a general impact is to be discussed.

Thank you for your nonsense opinion....


Last edited by Mariana on Fri Mar 20, 2015 11:56 am, edited 1 time in total.

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PostPosted: Fri Mar 20, 2015 11:56 am 
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Its worrying a lot of people -- and no one wants to be left holding the stick when the music stops. I don't think the intermodal immediately becomes the end of the world -- I live near Tremaine however, and that route with over 1000 new trucks on it daily would be a big negative -- it would also change future developments -- those that are already planning North of Steeles on Tremaine and anything near to where CN's 1000 acres are are going to be affected.

Its probably some good news if Mattamy has land near to this thing. If they see millions of dollars in potential losses because of sales that won't happen or lowered prices, it will drive them to act. So I'm kinda hoping around the 1000 acres are other deep pocketed companies that want to keep it heavy residential.

My take is that it hurts the people on the west side, but it will hurt the new developments more. There has been a uptick in the number of homes for sale on Tremaine lately -- I did remark to my wife last night I was glad we didn't seriously consider one of the houses on Tremaine (we looked at them briefly).

The other challenge will be the industrial growth that is going to come out of building this -- its not just 400 acres or 1000 acres. Now you need truck stops, gas stations, storage facilities all kinda stuff that we really don't want there.

Its interesting that the Brampton Intermodal is right on the 407 interchange -- I would suspect this one's probably going to drive people at the 401 vs. driving down the 407 for less fees (not sure). I wish they could go in the Appleby/407 area or North of the 401 to stay closer to the similar type of zoning.

prickly_pete wrote:
When you're talking a $700,000 home, it's like 1.5-3%. It really isn't that big of a deal.

Is it something to be concerned about? Sure. But your constant hyperbole has run its course and actually hurts your message. Just slow down, take a deep breath, everything is going to be okay. As more information surfaces we can all make some informed decisions.


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PostPosted: Fri Mar 20, 2015 11:59 am 
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I can't believe I missed it..

All we need to do is build a structure really really high, and enclose in CN's property. No trucks in our out.

If only we knew someone that was capable of building a high cement 'wall-like' structure in town...


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PostPosted: Fri Mar 20, 2015 12:06 pm 
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Devious wrote:
Its worrying a lot of people -- and no one wants to be left holding the stick when the music stops. I don't think the intermodal immediately becomes the end of the world -- I live near Tremaine however, and that route with over 1000 new trucks on it daily would be a big negative -- it would also change future developments -- those that are already planning North of Steeles on Tremaine and anything near to where CN's 1000 acres are are going to be affected.

Its probably some good news if Mattamy has land near to this thing. If they see millions of dollars in potential losses because of sales that won't happen or lowered prices, it will drive them to act. So I'm kinda hoping around the 1000 acres are other deep pocketed companies that want to keep it heavy residential.

My take is that it hurts the people on the west side, but it will hurt the new developments more. There has been a uptick in the number of homes for sale on Tremaine lately -- I did remark to my wife last night I was glad we didn't seriously consider one of the houses on Tremaine (we looked at them briefly).

The other challenge will be the industrial growth that is going to come out of building this -- its not just 400 acres or 1000 acres. Now you need truck stops, gas stations, storage facilities all kinda stuff that we really don't want there.

Its interesting that the Brampton Intermodal is right on the 407 interchange -- I would suspect this one's probably going to drive people at the 401 vs. driving down the 407 for less fees (not sure). I wish they could go in the Appleby/407 area or North of the 401 to stay closer to the similar type of zoning.

prickly_pete wrote:
When you're talking a $700,000 home, it's like 1.5-3%. It really isn't that big of a deal.

Is it something to be concerned about? Sure. But your constant hyperbole has run its course and actually hurts your message. Just slow down, take a deep breath, everything is going to be okay. As more information surfaces we can all make some informed decisions.


Thank you for pointing that out, this is where my concern truly lies if CN Rails succeeds in placing that infrastructure development. There's a lot of fundamentally supportive developments to follow, it's simply a nature of growth and development as we all knows cities don't simply grow faster along the water, it's because the support was there and CN Rails becomes that water. The true picture can be seen in Brampton as stacks of containers must have a place, the driver needs a waiting area and before we know it there will be truck shops, restaurants, bars and a whole new community. This is not something that Mattamy anticipated when they went out promoting a nice and calm place to live....

I truly wish this new rail can be placed in a pure industrial zone....


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PostPosted: Fri Mar 20, 2015 12:13 pm 
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Devious wrote:
I can't believe I missed it..

All we need to do is build a structure really really high, and enclose in CN's property. No trucks in our out.

If only we knew someone that was capable of building a high cement 'wall-like' structure in town...


... In other news, mattamy and other developers get free strips of land from the town. What a coincidence that it encloses the intermodal


Or just rezone the roads surrounding the intermodal for no heavy trucks. The town can issue permits to allow other trucks through and deny permits to any truck in and out of the intermodal. If the CN cannot be stopped, then go after the lifeline: the trucks!


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