COACH HOUSES COMING TO OTTAWA?

There are a number of ways to invest in real estate in Ottawa, and there’s soon to be one more.  For anyone who enjoys collecting rental income, you may be in luck as Ottawa is looking into allowing coach houses across our city.   A coach house is a secondary building...

OTTAWA REAL ESTATE MARKET UPDATE – APRIL 2016

Good morning Ottawa!   And welcome to spring! (is it time to break out the shorts n flip-flops yet? :-)) First off, a few stats on real estate sales in Ontario. According to OREA (Ontario Real Estate Association), Ontario is now in a ‘seller’s market’.  In simple...

CANADA EXPERIENCING A REAL ESTATE BOOM? – MAY 2016

Good news!  2016 has been a hot year so far for a handful of Canadian cities, Ottawa included. April 2016 Ottawa home sales are the highest they’ve been in 5 years, with an increase of 9.4% over April of 2015, according to the Ottawa Real Estate Board (“OREB”).  ...

RECORD MONTH FOR OTTAWA HOME SALES!! – JUNE 2016

Good morning Ottawans! Good news!  Homes are selling like hot cakes around here.  Ottawa had an all-time record-breaking month of June for sales volume.  June of 2016 saw a total of 1,985 residential properties sold through Ottawa’s MLS.  This is up 17.4% over June of...

PROPERTY TAX – CAN YOU REDUCE YOUR YEARLY TAX EXPENSE?

Yes, I know, everyone hates paying property tax (let’s be honest, we’re not even sure what we get for that tax money anymore :-)).   In an attempt to help you property owners to reduce your tax bills, here are my suggestions for reviewing and potentially decreasing...

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...

OTTAWA HOME SALES BREAK NEW RECORD FOR OCTOBER 2016

Happy Thanksgiving, Ottawa!! Remember to give thanks for all the things we’re so fortunate to have in our lives.  We are very blessed in many ways (or at least that’s what I keep telling myself :-)) Now, keeping in the real estate theme of 2016, we had yet another...

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...