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MARCH REAL ESTATE MADNESS

OTTAWA REAL ESTATE MARKET - MARCH 2020 - CHRIS STEEVES

MARCH 2020 MADNESS IN OTTAWA:   Let’s all take a minute to say a prayer of gratitude for being in Ottawa right now.  While many real estate markets around the world are grinding to a halt, this city is still…

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CLARIDGE ICON – PRESTON & CARLING

CLARIDGE ICON OTTAWA - CONDO PRESTON CARLING - CHRIS STEEVES REAL ESTATE

What can I say, the Claridge Icon is currently Ottawa’s tallest condo building.    And if you know Ottawa, you know how long overdue this is. First off, the location:  on the corner of Preston St and Carling Ave.    There’s an…

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OTTAWA REAL ESTATE – RED HOT IN 2019

OTTAWA REAL ESTATE SALES STATS 2019 - CHRIS STEEVES REALTOR

  Good morning, Ottawans! Whatta year 2019 was for real estate!   HUGE GROWTH in many areas, and sales records being set once again. As a Realtor, I would say the one question I get the most is, “where’s the best…

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RECORD JULY SALES IN 15 YEARS

I hope everyone’s been enjoying this beautiful summer heat (let’s be honest, the past 6 weeks have been phenomenal :)) Speaking of extreme heat, our real estate market is still red hot.  Ottawa had the highest number of July sales…

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THE CONDO COMEBACK?!

TRINITY CENTER - OTTAWA AT BAYVIEW - CONDOS

Yes,  after a 5 year slump, we’re seeing a major resurgence of condos in Ottawa. In light of the extremely low inventory and rising prices, we’re seeing more new condo developments popping up again (think, 2010 to 2012 condo boom).  …

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SPRING MARKET COMES EARLY TO OTTAWA

Welcome to the red hot spring real estate market, and a lovely April snowfall today (is this really happening?!) With Ottawa’s continued insatiable demand for properties, we’ve just surpassed Calgary for 4th most expensive housing market in Canada (not sure…

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MORTGAGE PROPOSAL – FEDERAL BUDGET 2019

HOMES IN CANADA - MORTGAGE RULES 2019 - CHRIS STEEVES REAL ESTATE

I’ve said it before and I’ll say it again, the issue we’re having with housing affordability is primarily due to a lack of supply/inventory.   In many major cities, there simply aren’t many homes for sale which inevitably forces the pricing…

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LEBRETON FLATS – Back to the Drawing Board

LEBRETON FLATS - 2019 - CHRIS STEEVES OTTAWA REAL ESTATE

The last efforts to negotiate the current bid on Lebreton Flats, have now officially died.   Eugene Melnyk of the Ottawa Senators, and Jon Ruddy of Trinity Developments, have not resolved their legal battle, and did not arrange an agreeable deal…

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AIRBNB OTTAWA INVESTMENTS

AIRBNB OTTAWA CONDO - REAL ESTATE - CHRIS STEEVES

With Ottawa being the red hot spot for real estate investing in Canada right now, a lot of you are wondering what to buy in this great city.   What are the best investments?   Where can I get solid cashflow in…

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OCTOBER HOME SALES – 2018

900 ALBERT - TRINITY CENTRE - OTTAWA REAL ESTATE - LEBRETON FLATS

  Once again, this city continues to boom with real estate sales, and October was no exception.  Realtors are setting new records, and average prices continue to rise. SALES STATS: The Ottawa Real Estate Board saw residential sales volume increase…

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