#26 48 Ontario Street S, Grand Bend ~ Premium Riverfront Condo

The PEDLAR Team Update ~ June Newsletter ~ Tipsy Pelican Giveaway!

 

The Excitement Is REAL! Monthly Giveaway Is $50 To The Tipsy Pelican This time of year is incredible around our quiet beach town as the nature around us turns GREEN and owners/tourists come back to the area over a very busy MAY 24 weekend this year! Most areas just get the trees and flowers blooming but around here the population suddenly blooms as well! The excitement for summer is in the air as more businesses open up around town. Even better for locals is this month of June when the restaurants aren't totally packed but they are all open for us to enjoy them before the real excitement comes with July and August. We hope you had a great May and are enjoying June so far. As golf courses are all opened up now as well it allows those who play golf to get out and enjoy some fresh air as we frustrate ourselves with golf shots that don't live up to our expectations. Or maybe that's just us! Very exciting news in the real estate world, as many have heard, was the Bank of Canada reducing the overnight rate to 4.75% with a 25 basis point reduction. It is tough to say if this will have an impact on our market in the area, it certainly can't hurt the buyers coming down this way so that's a positive! The market we find ourselves in is a buyers market so hopefully this helps go towards a balanced market. We personally feel that there will have to be another one or two 25 basis point reductions to find ourselves in a more balanced market but that is purely a guess. Time will tell! Hopefully this will help propel a buyer or two to purchase and bring our inventory levels down to a normal. This month we are giving away a $50 gift certificate to The Tipsy Pelican restaurant/cocktail bar on the main street in Grand Bend! A locally family run establishment with one of the best cocktail menus in the area. Simply answer this question to get your name entered into the draw: Do you plan on visiting a provincial or national park this year? A simple yes or no is needed for entry and would love to hear what park you plan on visiting if you would like to share! Gem admires a good sunset as you will see below! We are never to busy to talk real estate so give us a call today at 519-238-5700! Grand Bend Beachfest June 22     2pm-10pm A brand new exciting event happening on the Grand Bend main beach being put on by the Grand Bend Optimist Club! The Grand Bend Beachfest is going to be a great event for all ages and admission is FREE! The event runs from 2pm-10pm on June 22nd that will have a Battle Of The Bands on the Rotary Beach Stage featuring local youth bands that are trying to make a name for themselves! The winner will be selected to play on the main stage for the Canada Day celebrations. Also will be a semi-pro volleyball tournament on the main beach in front of the beach house with 6-8 courts and the volleyball starts at 8am! On top of this there will be food and beer on the second level of the beach house to watch the volleyball along with inflatables and art projects for the kids! Admission is FREE thanks to some great sponsors! We are excited to sponsor the inflatables and will find us down on the beach helping out with the event all day so come on down and say HEY! To stay updated on the event go follow the Grand Bend Optimist Club Facebook page: https://www.facebook.com/grandbendoptimistclub/ Thrift Tips For A More Luxurious Home Avoid the cost and chaos of a major renovation and transform your space into a luxurious home with these simple steps. Money may be tight, but you can still live the luxe life. Here are 5 thrifty ways to make your home feel more luxurious:        - Clean Off Surfaces        - Paint It All White        - Dress The Windows        - Cover The Floor        - Add Warmth & Texture   Read the full article by clicking this link: https://blog.remax.ca/thrifty-tips-for-luxurious-home/ From Your First Home To Your Dream Home Transitioning from a starter home to your dream home is an exciting journey that requires patience, strategic planning, and an understanding of the real estate market. A starter home, often a smaller and more affordable option, serves as an initial step into homeownership. It’s a practical choice for younger homebuyers who might not have the funds for a larger down payment. Despite their lack of amenities or ideal location, your first home offers a unique opportunity: the ability to save money while building equity. Over time, as your financial situation improves and your equity grows, transitioning from your starter home to your dream home becomes more attainable. But it requires a clear vision of what you want your future to look like. We look into a few practical steps you need to take to help you move up from your first home to your dream home.   Read the full article by clicking this link: https://blog.remax.ca/from-your-first-home-to-your-dream-home/ Huron County Playhouse 2024 Season Discount Code: BLUEWATER24 The Huron County Playhouse is back in action and we are very excited to offer you our valued subscribers a discount code to save you money buying tickets for your favourite shows! We are so lucky to have the Huron County Playhouse close to town because it brings some incredible talent to our area. They have mid day show times and evening show times for whatever works best for your schedule. The six shows being shown this year all look like great options! Check out their website to buy your tickets today and use our discount code: https://www.draytonentertainment.com/about/news-room/news/huron-country-playhouse-announces-2024-season LOCAL BUSINESS SPOTLIGHT The Tipsy Pelican   The Tipsy Pelican opened in 2019 and is a part of the same family that owns Willie's Beach Bar and Growling Gator so you know it is a well managed establishment! The Tipsy Pelican is situated on the main strip and offers an incredible cocktail menu with a food menu for anytime of day. Their appetizers are very delicious with the burger sliders taking the #1 spot in our opinion (pictured below bottom right). Another reason we love The Tipsy Pelican is that they stay open through the weekends and holidays over the off season. They offer an outside patio high boy seating area along with an inside space for tables and bar area connected by roll up garage doors for when the weather permits. Another thing we love about this establishment is the decor and vibes it gives off, it is unmatched to anything you have ever seen and so many photo worthy shots to be had. We love our local entrepreneurs and this family goes above and beyond to give back to their community in many different ways! Make sure to give them a try the next time you are in town and looking for something different. Make sure to answer the question at the start of our newsletter to be applicable to win a $50 gift certificate to The Tipsy Pelican! Go follow them on instagram to stay up to date on all their new creations and up to date hours of service! The PEDLAR Team Grand Bend Summer Sunset Concert Series   We are very proud to announce we are the title sponsor for the much beloved Summer Sunset Concert Series that takes place on Sunday evenings on the Grand Bend Rotary Club beach stage. These are some great artists that come to perform and the best part is that it is FREE for all to enjoy! Huge kudos to Glen Baillie and team that put this all together to make for a memorable time for those who attend.   Executive Living On Pristine Sandy Coastline 71231 Elizabeth Street, Bluewater Listed at $2,500,000   Private lakefront setting along the shores of Lake Huron at Highlands III, just north of Grand Bend. This is a rare opportunity to one of the largest lakefront lots in the area with 157' of private beachfront at the end of a quite beach community; with panoramic lake views surrounded by mature trees and bordering a ravine for unmatched privacy. At first glance you drive through the pillared entrance and you see the magazine worthy curb appeal - landscaped gardens, lush green space and the perfect spot to enjoy your morning coffee in the east side patio. Walk to the lakeside of the home and you have the spacious deck with private steps down to wide sandy beaches. The residence is an architecturally designed cape code inspired two storey home beautifully renovated and enlarged in 2015. As you enter the great room the soaring cathedral ceilings, hardwood floors and grand fireplace help set the tone while the wall of windows with panoramic lake views inspire the mood. The modern kitchen features granite counter tops, large island, high end appliances and walk in pantry with a lakeview dining area. Spacious living room includes the sitting area around the oversized wood fireplace as well as patio doors leading to the lakeside screened in porch featuring a 2-sided gas fireplace and electric blinds. On the main floor you have 2 bedrooms as well as the main floor bath with outdoor access to the lakeside of the home. There’s also a finished hobby room that can be converted back to garage space. Upstairs, is your primary bedroom suite that includes cathedral ceilings, gas fireplace, walk in closet, luxurious ensuite and a screened in balcony. Fully finished lower level with a games room, family room, powder room and laundry. Other highlights include the foyer walk in closet, heated floors in most tiled areas, steam shower in main bathroom, air tub in ensuite, landscape lighting, on demand generator, EV charger, composite deck and stairs, hot tub, bunkie, and steel roof. Click the link to watch the virtual tour: https://www.youtube.com/watch?v=pvMs3s6OzHk   Nicely Updated Bungalow With Walkout 10160 Edmonds Blvd, Grand Bend Listed at $799,900 Welcome to 10160 Edmonds Blvd in Grand Bend! Situated amongst mature trees on a 90’ x 180’ property. This updated bungalow offers over 2,000 sq ft of living space with a fully finished basement that allows for a walkout. Home offers great curb appeal with composite decking & railing, landscaped with large armor stone, updated exterior doors & garage doors along with new roof on both home/garage. Entrance foyer offers two double closets making lots of room for storage. Main floor open concept floor plan allows for an updated gas fireplace with stone surround and large wood beam mantle. Kitchen has been nicely updated with granite counter on island, stainless steel appliances including gas stove & tiled backsplash. The skylight along with large windows allow for an abundance of natural light throughout. Spacious primary bedroom with walk-in closet, built-in makeup desk and four piece ensuite. Main floor allows for another bedroom and two piece bathroom. Fully finished lower level also has an abundance of natural light with the walkout allowing for a wall of windows and access to back patio. This fully renovated rec room has been outfitted with a new gas fireplace & shiplap surround. Lower level allows for the third bedroom & a gorgeous three piece bathroom with walk-in glass and tiled shower. A huge BONUS in this home is the lower level kitchenette with sink and fridge. Stepping out into the back patio is a covered Canadian Spa Hot Tub with built-in speaker system. Large patio has room for patio chair and table set. The kids and grandkids will absolutely adore your home with the coolest tree house you have seen. Entering the 24’x24’ detached garage with 8’ lean-to you will see that these current owners use it as an extension of their living space. Interior includes epoxy flooring, wood trim throughout, metal accents and recently installed wood stove! Extra bonuses include the 30amp RV plug along with the self-monitored hard wired Night Owl Security System. Click the link to watch the virtual tour: https://www.youtube.com/watch?v=1u4IiNsddPM Fully Updated Home On Double Lot 72259 Duchess Crescent, Bluewater Listed at $699,900   Welcome to 72559 Duchess Crescent, Bluewater in the lakeside subdivision of Bayview Estates! Situated only 10KM North of Grand Bend, 15KM South of Bayfield, steps from White Squirrel Golf Course & Restaurant. On top of this it is a second row location from Lake Huron and only a couple minute walk to the shores of Lake Huron through the deeded beach access. This bungalow home was fully updated from top to bottom in 2010/2011 and is a double lot so you have a spacious yard to enjoy with lots of privacy. The home offers great curb appeal with stone and vinyl exterior, wrap around deck with hot tub gazebo, detached oversized single car garage, and large stone steps leading to the front covered porch. The interior is loaded with high end finishes starting with the real oak flooring, trim, baseboards and doors. Entrance foyer offers a neat X design with tile inlay between oak flooring that unfolds into the entrance closet. Spacious living room with large three panel window. Den with two walls of windows makes for a great space to relax and read a book or have your morning coffee. Dining room off kitchen allows for a large family gathering. Walk through kitchen offers full oak cabinetry with large pantry, heated floors, shale backsplash, accent lighting, granite counters, stainless steel appliances, built-in microwave, secondary sink with steam tap and much more. Main floor offers three bedrooms and full four piece bathroom with heated floors. Fully finished lower level offers spacious rec room with gas fireplace and kitchenette with bar mini fridge and dishwasher. The fourth bedroom in the home along with another full bathroom. The full bathroom has infloor heating with air jet tub and heated backrest. The bathroom is also infloor heating with high end tub. This home is super-efficient with lots of insulation! Ask your realtor for a copy of the utility amounts and upgrades throughout this home because there is to many to fit into a simple description!         Click the link to watch the virtual tour: https://www.youtube.com/watch?v=kE-cvY24BpQ Looking For An Agent Outside Of Our Coverage Area? Just Ask Us!   Looking to move outside of the area and not sure who to call? As always call The PEDLAR Team with any of your real estate needs! We are closely connected with a group of realtors that cover Southwestern Ontario. Along with our involvement in the Re/MAX community we are sure to line you up with a trusted knowledgeable real estate agent to make your plans a reality anywhere in Ontario, Canada, North America, or the world for that matter because RE/MAX is global! Get Your 2024 Grand Bend Locals Card!   Support Local With Your GRAND BEND Locals Card It is the hope that this card will encourage you to choose local businesses, more often. They've been quietly adding new businesses, new offers and TWICE as many draws! As lovers of Grand Bend, we need to stick together and keep our businesses OPEN. These Local businesses who are unable to provide specific offers, have stepped up to help provide MORE CARDHOLDER Draws! More Draws = More Winning & More Local Spending. Let's support them, for all they do to support our community.   Click the link to see more information: https://grandbendlocals.com/ New To Lambton Shores?   The municipality of Lambton Shores is starting a new initiative of making municipality information easier to find out. Check the link out and see what things you didn't know about this awesome municipality.  Click the link: https://www.lambtonshores.ca/en/living-here/new-to-lambton-shores.aspx?platform=hootsuite Social Media   Have a great day everyone and don't forget to check out our social media sites like instagram, youtube, facebook, twitter and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. GIVE US A LIKE ON OUR FACEBOOK PAGE & INSTAGRAM PAGE BY CLICKING THE ICON BELOW! We love to hear about your experience with The PEDLAR Team so please feel free to head to our facebook page and leave a review. Click the link to leave a review: https://www.facebook.com/thepedlarteam/reviews/

If you or any of your friends and family are looking to buy or sell make sure to call us first! Referrals are the greatest compliment Check our website out by clicking the link below http://www.grandbendrealestate.com  Doug Pedlar      Mark Pedlar     Garrett Pedlar      Broker of Record                         Broker                        Sales Representative   519-902-4099    519-670-0746     519-872-0910  remaxdoug@hay.net           remaxmark@hay.net          remaxgarrett@hay.net

May Housing Stats look more Balanced

 The local housing market continued its steady streak in May, with 774 homes exchanging hands via the MLS® System of the London and St. Thomas Association of REALTORS® (LSTAR). Housing supply showed signs of market stabilization, with three months of inventory in May, unchanged from the month before. Year to date, sales are outpacing 2023, with 3,161 total sales, up 1.8% from the same period last year.

“We continue to see the trend of more new listings coming on the market, which explains the healthy level of housing stock across LSTAR’s region,” said 2024 LSTAR Chair Kathy Amess. “In May, there were 1,563 new listings, slightly up from the 1,425 new listings in April, with an overall sales-to-new listing ratio of 49.5%. According to the Canadian Real Estate Association (CREA), a ratio between 40% and 60% is generally consistent with a balanced market.”

Average sales price was $660,430, down 2.8% compared to May 2023. It is slightly up from the $656,037 average sales price recorded in April. Meanwhile, the Composite MLS® Home Price Index (HPI) Benchmark Price was $607,100, down 0.1% from a month ago and up 4.5% compared to six months ago.