Michael Vandermeer Century 21

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Cornwall, ON
Michael Vandermeer Century 21

If you are looking for a hard working real estate agent that will get you what you want, I am your guy. I have the expertise and knowledge you need.

06/13/2026

21 REALTOR TIPS FOR BUYING A HOME - #7 EXPECTATIONS

One of first time buyers biggest mistakes is thinking they are buying their forever home and therefore expecting to much. Fact is life changes throughout your lifetime and so will your housing needs. Anything can happen such as an enlarged family, job change or relocation, your personal wants or needs. On your first home don’t be critical and remember that you can buy a home without everything on your wish list and add those items later. Keep in mind when you do this you may get a better deal on a home and end up building equity in your home sooner.

06/12/2026

FOCUS ON LOCAL BUSINESS - SUMMIT SHIELD INSPECTIONS

Home Inspections are an integral part of the home buying process so it is nice to promote our local home inspectors rather than use the ones with the big names from the big Cities.

Summit Shield Inspections was founded and is run by Patrick Dubeau who has over 20 years of contractor experience plus he is a graduate from the Holmes Academy so you are assured high quality home inspections that you can count on.

Summit also uses thermo imaging which are not used by all home inspectors. This gives you another layer of protection when relying on a home inspection to complete a purchase.

It should also be noted that sellers occasionally have home inspections completed before they sell so there are no unexpected surprises.

By using local services within our community you are supporting our local economy which benefits us all and allows businesses like this to thrive.

06/11/2026

LANDLORDS CORNER - CAP RATES

If you are looking at a building where the cap rate is low don’t write it off entirely. You should also be looking at the shape of the building and the future potential income. When covid hit rents skyrocketed and a lot of landlords got caught with low rents producing low cap rates.

One way of getting the cap rate up is to trade cash for key’s. This may be viable if the current rent is low and the market rent will allow you to recoup your cash outlay within a year or so. You will benefit by purchasing the property at a lower price because of the low cap rate. Once you get rents to market value your market value and income will increase significantly.

This is also a great idea for current landlords to increase the value of their investment before they go to market. Putting out ten or twenty grand may increase you value by 40 or 50 grand so it is definitely worth looking at.

Watch for my post next month when we discuss other ways of increasing low cap rates.

06/10/2026

CORNWALL MARKET UPDATE

In May there were 55 sales in the City of Cornwall up from 43 sales in April.

Here are the results from Mays sales.

Sold over asking: 8 compared to 4 last month
Sold at asking: 6 compared to 5 last month
Sold under asking: 41 compared to 33 last month
Reduce to sell: 13 compared to 11 last month
Sales over $500 18 compared to 12 last month

Well sales certainly picked up in May and as far as I can see we should be having a good June.

The over asking price sales doubled from the previous month but from what I observed this is mostly due to competitive pricing for quick sales. It will be interesting to see if these numbers maintain into next month.

Please note that these numbers are for single family homes (including semi’s, townhomes and condo’s) in the City of Cornwall only.

06/09/2026

HOT NEW LISTING CORNWALL ONTARIO

This home is move in ready with a great location near bike paths, parks and the St Lawrence River . The home has many features such as gas heat, central air, main floor laundry, patio doors to deck and fenced rear yard. Home has had may improvements over the years and has been well maintained. Competitively priced at $319,900 this one is sure to fly off the market so book your private viewing today

06/08/2026

MONDAY’S, UNUSUAL SIGNS & THE LIGHTER SIDE OF - MARRIAGE

Mondays were never hated until the weekend was invented.

06/07/2026

21 REALTOR TIPS FOR BUYING A HOME - #6 MORTGAGES

In my last tip I talked about the importance of getting pre-qualified for financing. Once you are prequalified you want to pick the type of mortgage that is right for you. Do you want a conventional mortgage, a line of credit or a mortgage that turns into a line a credit as you pay it off. Another important part of the mortgage is the amortization which is the amount of time it takes to pay off a mortgage. The amortization depends on two factors which are the amount of your payment and the frequency of your payments. The shorter you amortize your mortgage the higher your payments go. If you are tying to avoid higher payments then you can change your monthly payments to bi - weekly payments which can take years off your mortgage and your payments basically stay the same although in a years period you end up paying 13 months payments instead of the conventional 12 months. This certainly can get confusing but your mortgage consultant can walk you through all the steps or you can call me if you have any questions

06/06/2026

21 REALTOR TIPS FOR BUYING A HOME - #5 FINANCING

Always a great idea to get pre qualified before shopping for a home for a couple of reasons - one is that you will know what you can afford and not end up looking at homes out of your price range which will just lead to disappointment down the road and another is it may give you more negotiating power if the seller knows that you are prequalified. In the case of multiple offers being prequalified may give you the edge you need to be the winning offer. If you like these buying tips keep watching my page and to see past tips open my page and scroll back a bit - as always please share this valuable information to others.

06/05/2026

PRICE ADJUSTMENT - SIX PLEX CORNWALL ONTARIO

We have reduced this property to $939,900 to make it more appealing to investors. It has good income with lots of potential for increasing the income over the next several years. Property is co-listed with Sophie Goudreau and if you would like to know more about this great investment opportunity you can call Sophie or myself to get all the details on this great investment opportunity. Sophie 613-363-4233 / Michael 613-936-3611

06/04/2026

COMING SOON

This home has been well maintained and renovated over the years and is ready for a new owner. Great central location near the river, parks & bike path. This property will be priced in the low 300’s and will probably not last long on the market - watch next week for the grande reveal with more pics, the price and the location

Address

703 Cotton Mills Street Unit 109
Cornwall, ON
K6H0E7

Website

https://michael-vandermeer.c21.ca/

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