OTTAWA REAL ESTATE MARKET INFO – JULY 2016

Good Morning Ottawa!!! Let’s start by taking a moment to give thanks for an incredible summer with tons of hot, 30+ days  So, back to real estate, we just came out of another very strong month.   In July 2016, OREB members sold 1491 residential properties.   This is...

ANOTHER RECORD MONTH FOR OTTAWA HOME SALES – AUGUST 2016

Despite all kinds of ‘interesting’ predictions for Canada’s real estate markets, here in Ottawa we’re continuing to set sales records.   August was another hot month (in temperature as well as real estate sales :-)), with another monthly record being set.  Compared to...

HIGHER DOWN PAYMENTS FOR HOMEBUYERS??

Want to know what’s on the horizon for homebuyers in Canada?  Chris Steeves, Ottawa’s Realtor, breaks down what these new upcoming regulations will mean to Canadians. In recent news, the ‘officials’ over at Canada Mortgage and Housing Corp. (CMHC) said that contrary...

WESTBORO VILLAGE OTTAWA

Westboro Village; where do I start?!    It is arguably Ottawa’s hottest, hippest, most desirable neighborhood in the entire city (Yes, I know, it’s a bold statement :-)). With a true community feel, Westboro offers a ton of local, independent businesses.   It is a hub...

THE FUTURE OF OTTAWA

Ottawa is moving a lot quicker than we may have anticipated.  With a ton of new developments and big plans for our future, this city is on its way to booming in many ways. For those who don’t like change, you may want to stop reading now.  The landscape of this city...

LEGAL SECONDARY UNITS – OTTAWA

So you want to build a LEGAL SECONDARY DWELLING UNIT IN YOUR HOME?! It’s an excellent idea, and can generate very attractive positive cashflow for many home-owners in Ottawa.  And it’s also one of my favorite styles of investment around here, and here’s why; cashflow,...