Latest news with #Windsor
CTV News
7 hours ago
- Climate
- CTV News
Severe thunderstorm warning in effect for Windsor
A severe thunderstorm warning is in effect for Windsor, Leamington and Essex County. The storm, capable of producing strong wind gusts, up to toonie size hail and heavy rain, was located 13 kilometres northwest of LaSalle at 9:06 p.m., moving southeast at 45 km/h. Environment Canada advises taking immediate cover if the storm approaches. Severe thunderstorm warnings are issued when imminent or occurring thunderstorms are expected to produce damaging hail, wind or rain.
CTV News
9 hours ago
- Business
- CTV News
Young adults working to break home ownership expectations
Younger generations are trying to get involved in the real estate industry and own a home. CTV Windsor's Bob Bellacicco reports. Young adults are working to break the stigma about not owning homes at a young age. Jacob Boow has heard his generation is facing an uphill battle when it comes to home ownership but doesn't agree. 'You got to get out of that mindset,' said the 22-year-old. 'You gotta work out a plan.' Boow got into the trades in high school and started making money. At 20, he bought his first house. 'Got that house and I fixed it up. I lived in it for a little over a year, and then I flipped that house,' he said. 'And then once I flipped that house, I was able to purchase a better house for me to be more comfortable in.' He plans to build equity in that house. 'Now I'm working towards saving up a little bit of money again, so then I can get another house and then get into some passive income so that I can grow what I desire, which would be having generational wealth,' said Boow, Realtor Rhys Trenhaile said Boow is not alone with more young people getting involved in the real estate market. 'It's a new group. It's a new vibe,' said Trenhaile, who sees some young investors adding an extra unit in the basement to rent out. 'They're getting it done, and they're finding different ways of getting it done, in a way that I didn't see the youth attacking this and getting home ownership, say, five years ago.' The number of monthly listings is up roughly 10 per cent over this time last year. There are currently about 2,600 listings in Windsor-Essex. Trenhaile said the number is going up as more baby boomers downsize. He pointed out wages have increased, housing prices have flat-lined, and interest rates have gone down opening the door to young upstarts. 'That wasn't happening two months ago so now they're getting really busy again,' Trenhaile remarked. 'And to us that's the lead measure as real estate agents, that's a lead measure of about 30 to 60 days to know that we're going to be busy.'
CTV News
10 hours ago
- CTV News
Teen pleads guilty in murder trial
A teenager has pled guilty in a murder trial where a 12-year-old boy was killed. CTV Windsor's Michelle Maluske has the details.
CTV News
10 hours ago
- CTV News
Dog shot during active investigation: police
Windsor police say a dog was fatally shot by police during an active investigation. Police responded to the 2800 block of Tecumseh Road West, near Huron Church Road, shortly after 2 p.m. Thursday for a report of a person in crisis. Police say during the interaction between officers and individuals on scene, a dog was fatally shot by police. One person is now in police custody, and no further injuries have been reported at this time. This remains an ongoing investigation.
News.com.au
11 hours ago
- Business
- News.com.au
‘Rumbling dispute' over Queen's $57m Royal Lodge mansion
Prince Andrew is reportedly locked in a 'rumbling dispute' over his future at his home, Royal Lodge, Charles, 75, is said to have wanted Andrew out of the house for years and has urged his scandal-hit sibling to relocate to Frogmore Cottage, a smaller, more modest home recently vacated by Prince Harry and Meghan Markle. The Duke of York, who moved into Royal Lodge in 2004, has refused to move, after taking on a 'cast-iron lease' that lasts until 2078. He currently resides at the 30-room mansion with his ex-wife, Sarah Ferguson. According to The Daily Mail's Ephraim Hardcastle, a disagreement has emerged over who funds the external repairs needed at the mansion. 'It appears that Andrew, who paid upwards of £7.5 million ($A15.5 million) on renovations when given a 75-year lease in 2003, has maintained the interior but there is a rumbling dispute about who is responsible for extensive external repairs to the 30-room mansion,' Mr Hardcastle wrote in his column. 'Andrew should be safe until 2028. He is entitled to a partial rebate on his outgoings if given the order of the boot at the end of his first 25 years of his lease.' Royal Lodge reportedly requires around £5 million ($A10.3 million) a year to maintain. While Andrew has remained determined to stay in the property, it is thought it would require 'a substantial financial commitment each year'. Robin Edwards of property buying agent Curetons told The Mirror that the cost of maintaining Royal Lodge will have 'grown significantly since then with time and inflation'. 'Staffing alone would be a significant expense, as the estate would likely employ a house manager, housekeepers, butlers, chefs and maintenance workers, easily costing between £350,000 (around $A726,000) and £500,000 ($A1.03 million) annually, ' he said. 'In addition the gardens would demand constant attention from a dedicated team of around four to six full-time gardeners, adding another £150,000 ($A300,000) to £250,000 ($519,000) to the yearly budget.' He added: 'Utility bills, including heating, electricity and water for a mansion of this size, could easily exceed £200,000 ($A415,000) annually. 'Gardening and landscaping would require meticulous care, with formal gardens, lawns, pathways and trees needing constant upkeep, costing between £100,000 ($A207,000) and £200,000 ($A415,000) annually. 'Insurance and taxes would also take a hefty slice, with the building itself, contents and public liability insurance adding around £50,000 to £100,000 ($A207,000) per year. 'Additionally conservation and restoration efforts to maintain strict heritage rules and standards could add another £100,000 ($A207,000) to £200,000 ($A415,000) per year.' Andrew stepped down as a working royal before being stripped of his titles by the late Queen, following being linked to American financier and child sex offender Jeffrey Epstein. Last year, Charles cut Andrew's annual personal allowance — reported to be around $2 million — which previously helped offset the financial burden of managing the $57 million property. Back in February, Andrew faced eviction calls after it emerged that he held a business meeting with China's ambassador to the UK just days before his links to an alleged Chinese spy became public. According to reports, the duke has spent over $14.1 million on repairs and renovations over the years and $1.5 million to take it over. His annual rent is a reported $530,000. The Sunday Times reported the king did not renew the contract for Andrew's private security team. The monarch had been paying for Andrew's security after the prince lost his police protection in 2022. The security team is said to cost the king nearly $6.3 million annually. At the time, a spokesperson for Buckingham Palace told Fox News Digital that the palace would not comment on 'security matters.' The Sunday Times previously reported that Andrew had raised enough money to stay in Royal Lodge. According to the outlet, the prince's funds were approved by the Keeper of the Privy Purse as coming from 'legitimate sources.'
