New January Newsletter from Synergy Real Estate Group

December 2024 Market Report

Farewell to 2024!

- The drop in listings and sales for December are not a cause for concern but expected as people prepared for the holidays. And with that said there was still a slight increase in the Avg. Sale Price.

- Although there was a decline in the number of units sold, 3 of the top 5 styles of homes saw an increase in their Avg. Sale Price with 1.5 sty homes up by +10.84% followed by Ranches +10.84% and Bungalows +2.85%.

- Bank of Canada lowered the policy rate yet again by a shocking 0.50%, now sitting at 3.50% and the Prime Rate at 5.45%. Just in time for the holidays and for the many needing to renew their mortgages.

- Whether its politics, industry or infrastructure news (to name a few) combined with upcoming market news, 2025 is shaping up to be a stronger year.

Top Mortage Rates

Are you in the market for a new home or looking to refinance your current mortgage? Look no further! Our team of experts can help you access the top mortgage rates and products available, so you can find the best deal for your unique situation. Don't wait, contact us today to start the process and take the first step to finding your dream home!

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This Month's Recipe: Broccoli Cheddar Soup

Start the year off with a comforting bowl of Broccoli Cheddar Soup! Perfect for chilly January days, this hearty recipe combines tender broccoli, creamy cheddar, and a rich, warming broth. It’s an easy and delicious way to stay cozy this winter—perfect for lunch or dinner. Enjoy!

Local Events

D-Tour Detroit Dive Bar Tour

January 17th | 6:30pm - 11:00pm

Wedding Extravaganza 2025

January 17th & 18th

Active Listings

3218 Baby St. Windsor Unit 1

ATTN: UOW and ST.CLAIR Students! Introducing another Buschante Development Group location and 1st of it's kind ready for May 1st, 2025. 5 bedrooms + 2 baths, over a large 2200sqft layout, but also providing a formal living room (200sqft), kitchen (200sqft) w/ Quartz Stone Island (10ft 6 person), dining room (110sqft) and laundry/storage (120sqft). Rear parking up to 6 cars + ALL Utilities, Internet, HD TV, snow, grass and garbage/re-cycling INCLUDED! Ensure your stay is with Buschante! (Avg. PP $750) 3 Units Available. Add. Info: www.buschante.com

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38 York Blvd.

Extraordinary custom-designed 3600sf modern 2 sty farmhouse is the newest creation to be built by luxury renowned home builder, Wescon Builders. Meticulously designed with endless amounts of detail & upgrades throughout. Every aspect of this residence will showcase unparalleled function, craftsmanship & luxurious features.

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3295 Banwell Rd.

PRIME SOUTHWESTERN ONTARIO Development Opportunity! Site options include: MAX 2 STOREY (16,950SQFT). This corner site has a newly created set of lights in addition to alternate access routes. This 1.35 acre site zoned CD2.1 is IDEAL for AAA / professionals and all but guarantees absolute success to any future investor/developer. FULL Package available to experienced buyers only.

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3217 Banwell Rd.

PRIME SOUTHWESTERN ONTARIO LAND Development Opportunity! Site options include: Com/Retail (approx 27,000sqft bldg), Hotel (approx 103 rooms w/5000sqft restaurant), Res/Com (approx 72 units) or 100% Residential (approx 153 units). This 2.65 acre site zoned CD2.1 is an IDEAL CMHC Funded project and all but guarantees success to any experienced investor/developer. Investors package available.

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3217-3295 Banwell Rd.

INTRODUCING...MERCATO Square to what is arguably one of Windsor/Essex County's fastest growing areas. Absolute prime and rare opportunity to operate in Windsor's highly expanding East End. This 211’.81”W x 275’D (CD2.1 zoned) corner site has a new set of lights plus multiple access points. MAX building allowance apprx 16,950sqft. $25 NET + CAMS. OPTION TO SUBDIVIDE. Location almost guarantees success with any global tenant or professional! Contact us today for full details!

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Client Testimonial

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"We had an great experience working with PJ and Synergy Real Estate Group. We really appreciated PJ's honesty, transparent communication and sincerity through every step of the process. He never made us feel pressured. He made sure that we felt comfortable with every decision. PJ's dedication, flexibility and expertise made the entire transition smooth and easy. Thank you, PJ, for helping us find a home."