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New property listed in Ottawa

I have listed a new property at 501 475 LAURIER Avenue West in Ottawa. See details here

Attention First Time Buyers/Investors/Contractors. This condo unit is approx. 930 s.f., 2 bedrooms, 1 large bath, 20 foot+ private balcony, in-unit storage room and large front hall closet space. This is a very well-maintained building in Centertown. Parking is included. A 5-minute walk to LRT station. Easy access to Bronson Park, Victoria Island, Parliament Hill, Rideau Centre, Byward Market and Chinatown. Bring your vision and expertise to make this unit your next home. Tenant occupied, 48 hours notice required. (id:2493)

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New property listed in Smiths Falls

I have listed a new property at 192 HAROLD Street in Smiths Falls. See details here

OH - Sunday Sept 17, 2-4 pm. Welcome to this lovely bungalow in Ferrara Meadows Community. This home offers an open floor plan including 2 bedrooms, 1 ½ baths and semi-finished basement. Featuring hardwood floor and gas fireplace enclosed by custom built mantel and shelving. The kitchen has a movable island. A gas stove for the ones who love to cook. From patio to the rear deck is a walk out to the backyard with treed area, gas hook-up for your BBQ and a perfect size for entertaining in this quiet-fenced in yard. Roof was replaced in 2022. The basement is semi-finished with a rough-in for another bathroom, plenty of room to add another bedroom or more. Selected photos are virtually staged. Book a showing today. (id:2493)

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New property listed in Morewood

I have listed a new property at 23 MOFFATT Street in Morewood. See details here

INVESTORS - ADD THIS BEAUTY TO YOUR PORTFOLIO!! Welcome to Park Place, a 14-unit building in Morewood. Formerly Morewood Elementary School, the building was converted into 14 apartments in 1981. Extremely well maintained and cared for, the building consists of 2 bachelors, 11-one bedroom and one handicapped unit. Interior was completely redone between 2011-2014. Updates include laminate flooring throughout all units, kitchens, walk-in closets, ceramic tiles and electric fireplaces in all units. 2012 - Electrical/Plumbing/Fire Alarm System; 2018 - Gas Boiler/Chlorine Injection System; 2020 - Two Roof Top Heat Pumps-AC/Two 75 gal HWTs; and 2023 - Two Septic Pumps. Most units have 9 ft ceilings and open-concept living. Large bathrooms and bedrooms with walk-in closets. Excellent tenants that always pay on time. NEVER A VACANCY and ON-SITE CARETAKER. 30 minutes to St Laurent Shopping Centre, 21 minutes to the Amazon warehouse. This property won't last. Book a showing now. (id:2493)

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New property listed in Ottawa

I have listed a new property at 1250 MCWATTERS Terrace in Ottawa. See details here

OPEN HOUSE SATURDAY AND SUNDAY Sept 9-10 from 2-4 PM. Welcome to 1250 McWatters Road, Unit #22 where you will find an updated, move-in ready 3 Bedroom, 1 Bathroom, single level, end Unit Condo, in a prime location. This unit is perfect for first time home buyers, investors, or downsizers. This unit features an open concept Living & Dining Room area with easy access to Kitchen, in-unit Laundry, a large patio door leading to a fenced patio area and outdoor shed for extra storage. Tastefully redecorated throughout and sure to be the perfect home for you. Close to Parks, Pinecrest Public School, Algonquin College, Queensway Carleton Hospital, Ikea, Bayshore, public transit, shopping, easy access to the 417 and 15 minute drive to Downtown. (id:2493)

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New property listed in Smiths Falls

I have listed a new property at 192 HAROLD STREET in Smiths Falls. See details here

Welcome to this lovely bungalow in Ferrara Meadows Community. This home offers an open floor plan including 2 bedrooms, 1 ½ baths and semi-finished basement. Featuring hardwood floor and gas fireplace enclosed by custom built mantel and shelving. The kitchen has a movable island. A gas stove for the ones who love to cook. From patio to the rear deck is a walk out to the backyard with treed area, gas hook-up for your BBQ and a perfect size for entertaining in this quiet-fenced in yard. Roof was replaced in 2022. The basement is semi-finished with a rough-in for another bathroom, plenty of room to add another bedroom or more. Tenants occupied and they work mostly from home. Murphy bed, wall cabinet and the desk belong to the tenants and will be removed at closing. Book a showing today. (id:2493)

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New property listed in Ottawa

I have listed a new property at 100 HILLSIDE DRIVE UNIT#20 in Ottawa. See details here

METICULOUS AND EXQUISITE! Executive townhome offers 3 bdrs (1 bd converted to den), 2.5 bths, pkng, and private, fenced in courtyard. Well planned renovations, focused on functionality and design, include gleaming maple hdwd flooring, chef's kitchen w/maple cabinet by Theo Minualt, high-end SS appliances, ensuite bath with beautiful shower and overhead heat lamp, the main bath a luxurious bathtub, glass top vanity and heated floor, maple staircase with glass panels and a small workspace. Be awed by the 19’ vaulted ceiling and large windows in the primary bedroom, overlooking onto the pond and the parkland. Plenty of storage areas and parking is direct entrance to the unit. Amenities include private parkland, recreation center, indoor/outdoor swimming pools, tennis courts, squash & racquetball courts, full gym and sauna. Short distance to Shopper's Drug Mart, Tim Hortons, Independent Grocer, Farm Boy, and a network of biking/walking trails. You will never find another one like this. (id:2493)

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New property listed in Kars

I have listed a new property at 1388 COMMODORE LANE in Kars. See details here

WOW! Amazaing waterfront property with 3.87 acres of prime land in Kars. This parcel of land features 685'+ shoreline, manicured landscape and wooded land. All year round road access and easy commute to Manotick and Ottawa. The property includes a RV trailer, lanai, pontoon boat, boat canopy, lawn furniture, 36-ft Fendock, drilled well with an expansion tank, hydro entrance 200 AMO (20 amp & 30 amp outlet by the shoreline), holding tank and more. The current use of land is recreational. Great swimming and boating in the summer. Kids will love camping on the ground to explore the nature. This is a perfect place to build memories for your family and friends. YOU WILL FALL IN LOVE WITH IT INSTANTLY. (id:2493)

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New property listed in Renfrew

I have listed a new property at 770 EIGHTH STREET in Renfrew. See details here

Welcome to 770 Eighth Street, Renfrew, Ontario. This 3-bedroom house is located in a quiet neighborhood. Just minutes off the highway, while close to amenities. Main level features bright and spacious living-dining room, a 3-seasoned room that leads to the deck and yard. A rebuilt mud-room is right next to the kitchen which provides additional storage. Updates include brand new vinyl flooring throughout on main level, bathroom vanity, and fresh paint. Upstairs offer 2 spacious and bright bedrooms. The unfinishsed basement has great potential for the next buyer to create more space and plumbing-ready for a second bathroom. The house comes with a 200 AMP service, owned furnace 2010 and Hot Water Tank 2021. An oversized single car garage with power and parking up to 4-cars in the driveway. This house has room to grow, with great potential. 48 Hour Irrevocable on all offers. Book your showing today! (id:2493)

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New property listed in Ottawa

I have listed a new property at 2126 CANBERRA PLACE in Ottawa. See details here

LOCATION! LOCATION! A HIDDEN GEM in the city!! This beautiful condo townhouse is situated in the family-oriented neighbourhood of Pineview. Amenities are close by, easy access to public transit including the new LRT train station and minutes to the Queensway. This townhouse is a well kept home for a long-time owner and their beloved pets. It offers 3 bedrooms, 1 full bath and 2 half-baths, and finished basement. The main floor features a customed kitchen with plenty of cupboard and workspace, granite countertop and updated light fixtures. (New Microwave/Hood Fan to be installed). Large window in the dining room and patio from living room to in the backyard. Upstairs offers 3 generous sizes of bedrooms, an updated full bath and an ensuite powder room. Garage inside entrance is perfect for the winter days. The home is perfect for first time home buyer or downsizer. Open house on Saturday and Sunday, April 29/30, 2-4 pm. (id:2493)

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New property listed in Ottawa

I have listed a new property at 215 PARKDALE AVENUE UNIT#406 in Ottawa. See details here

Beautiful one bedroom condo located in the Parkdale Terrace building. Location and lifestyle - steps from Tunneys Pasture, trendy Hintonburg and West Wellington neighborhoods. The Parkdale Farmer's Market, LRT, restaurants, coffee shops, fabulous boutiques, bike paths, the Ottawa River, Westboro Beach and so much more are within walking distance! This 1 bedroom/1 bathroom condo offers gorgeous natural light throughout the day and a private balcony. The updated unit includes hardwood flooring, spacious kitchen with newer appliances and a generous primary suite. Large closets, storage and in-suite laundry included. Building amenities: parking, bike room, indoor pool, sauna, library and rec space. Make this beautiful, open-concept condo your new home! Open House Sunday April 23, 2-4 pm. (id:2493)

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New property listed in Ottawa

I have listed a new property at 1729 TRAPPIST LANE in Ottawa. See details here

This END UNIT condo townhouse is situated in the family oriented neighbourhood of Convent Glen. Amenities are close by, easy access to public transit including the new LRT train station and minutes to the Queensway. This townhouse offers 3 bedrooms, 1 ½ baths, and finished basement filled with pot lights. Newer vinyl flooring throughout the house, update kitchen cabinets and light fixtures. Many visitor parking spaces across from the house. It is a perfect place for FIRST-TIME BUYERS OR INVESTORS! Open house on Sat and Sun, April 15 & 16, 2-4 pm. (id:2493)

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New property listed in Braeside

I have listed a new property at 2197 RIVER ROAD in Braeside. See details here

From sunrise to sunset, a home with an unobstructed view overlooking the Ottawa River! ATTENTION RENOVATORS AND CONTRACTORS. This single-family home offers 3 bedrooms and 1 bath, un-touched basement, a double detached garage and a very large barn for hobbyist workshop. 200 amp service and power is available in the garage and barn. There is also running water in the barn. Woodstove in the basement. Furnace 2019, AC 2019, Well Pump 2020. Easy commute to Braeside and Arnprior and 45 minutes to Kanata. Make this home your next dream home! Home needs work and is selling it in as-is conditions. No warranties or representations will be made by the Estate Trustee. Book a showing today. (id:2493)

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New property listed in Ottawa

I have listed a new property at 3822 ALBION ROAD in Ottawa. See details here

OH Sat and Sun, April 8-9, 2-4 pm. Welcome to 3822 Albion Road. This is a single family home with an SDU (secondary dwelling unit), ideal for a family living in one unit and renting the other one. Suite ONE features 3 bedrooms and 1 ½ baths, updated and renovated kitchen and baths in 2012/13, HE furnace, water heater and roof in 2014. The basement is semi-finished. New front entry and verandah addition in 2012. Suite TWO - SDU (secondary dwelling unit) and the garage were added in 2014. This addition was constructed with a “green-build concept” in mind, this unit highlights with a cathedral ceiling, in-floor radiant heating, HRV, custom-built closets, cabinets with self-closing doors/drawers and separate storage area. Other features are two-toned kitchen cabinets, granite counter top, full bath with stacked up laundry machines and hot water on demand. Imported Italian murphy bed/sofa/bookshelf is also included. Note: Separate AC for both units. Book a showing today. (id:2493)

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New property listed in Ottawa

I have listed a new property at 195 BESSERER STREET UNIT#1602 in Ottawa. See details here

Welcome to Claridge Plaza 4. The Yankee model, approx. 940 sf, features 2 bedrooms + den and 2 full baths. This unit offers beautiful hardwood floor, ceramice tiles, granite kitchen counter top, stainless steel appliances, and beautiful cabinets. The two bathrooms are completed with granite vanity tops, a large walk-in shower, bathtub and contemporary faucets. The unit has southern exposure that fills the living room and bedrooms with natural lighting. Amenities include are indoor pool, recreation room, and party room. 24-7 Security at front desk. Unit is tenant occupied until end of April. One underground parking space and storage locker are included. The property also comes furnished and it is ideal for investors renting to students or professionals. Note: photos were taken prior to tenant occupancy. Book a showing today. (id:2493)

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New property listed in Ottawa

I have listed a new property at 618 TANGUAY COURT in Ottawa. See details here

Welcome to 618 Tanguay. This 2 bedroom, 1.5 bathroom condo is the perfect compact space! The location is close to schools, shopping, transit and a beautiful parkspace. The large main floor includes a Living room, large, eat-in kitchen and access to the patio with Brand new flooring and lighting. The second level has 2 generous sized bedrooms, laundry and bathroom. The primary suite has its own balcony and walk-in closet. The unit also has access to a storage unit. The condo fees include: Roof, Windows, Doors, Patio, Balcony, Outdoor pool & equipment, Snow removal & Landscaping! Lots of visitor parking for guests and one spot included. Don’t miss this amazing opportunity! OH Sat/Sun - April 1 & 2, 2-4 pm. (id:2493)

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New property listed in Ottawa

I have listed a new property at 3818 ALBION ROAD UNIT#B in Ottawa. See details here

FULLY FURNISHED & ALL INCLUSIVE. Updated 1 bd/1 bath suite with in-unit laundry (gas dryer) and A/C wall unit. Open floor plan offers living room, kitchen with granite counter and small island and work desk. Corner unit with large windows filters by natural lighting. The unit includes kitchen accessories, flat screen TV, secured Wi-Fi and one parking space. Radiant heat in floor. One bus to downtown. Apartment has a side entrance and it is ideal for Military transfer. You won't be disappointed. (id:2493)

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New property listed in Ottawa

I have listed a new property at 10 LEONARD AVENUE UNIT#B in Ottawa. See details here

Looking for something quiet and cozy to call it home. Available in May - 2 bedroom/1 bath apartment near Carleton University. This unit with a side entrance offers a renovated kitchen with a granite countertop, stainless steel appliances, and an updated bath. Only steps from the Canal, walk or bike to shops in Old Ottawa South, Landsdowne Park, and the Glebe. This is a non-smoking building and small pet-friendly. Laundry is shared and included in the rent. Parking for a small car is available for an extra $75/mth. Book an appointment today. (id:2493)

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New property listed in Ottawa

I have listed a new property at 90 LANDRY STREET UNIT#802 in Ottawa. See details here

Welcome to the sought-after La Tiffani Phase 2 by Claridge. This open-floor plan has 2 bedrooms and 2 full baths. This unit features hardwood flooring throughout, granite countertops in the kitchen and bathroom, in-unit laundry and storage locker. Spectacular floor to ceiling windows bring an amazing view of the city and the Rideau River. One underground parking is also included. Amenities include an indoor pool, exercise room, and party room. Minutes to shops and restaurants in Beechwood Village, Byward Market, and Parliament Hill. 24 hours showing notice is required. (id:2493)

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New property listed in Ottawa

I have listed a new property at 205 PIAZZA CIRCLE in Ottawa. See details here

Available immediately - Beautiful detached family home on a quiet street in Strandherd/Barrhaven. Safe neighbourhood and low traffic is perfect for any family. Spacious living space on the main floor, 9 foot ceiling throughout. Bright family room with a fireplace opens up to a large kitchen and eat-in area. Kitchen is equipped with stainless steel applicances. On the second floor, the primary bedroom features a 4-pc ensuite bath and a walk-in closet. There are also 3 large bedrooms and a full bath for the family. An interlock fenced-in backyard is great place for BBQ, entertaining family and friends. Inside entrance from the double garage parking and tons of storage space in the lower level. Minutes to Market Place, great schools and public transit, it is an ideal location for family. (id:2493)

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Quiet December Caps Off Tumultuous Year

Members of the Ottawa Real Estate Board (OREB) sold 601 residential properties in December through the Board’s Multiple Listing Service® (MLS®) System, compared with 857 in December 2021, a decrease of 30%. December’s sales included 466 in the residential-property class, down 22% from a year ago, and 135 in the condominium-property category, a decrease of 48% from December 2021. The five-year average for total unit sales in December is 775.


2022 in Review

Residential and condo resales in 2022 totaled 15,288, compared with 20,289 in 2021, decreasing 25%. Total sales volume in 2022 was approximately $10.5B compared to $13B in 2021.


“Even with the normal seasonal slowdown, December’s performance was in stark contrast to the very active resale market that opened 2022,” says Ken Dekker, OREB’s newly installed 2023 President. “As interest rates and inflation both climbed, buyers retreated to the sidelines and began taking a wait and see approach. However, while it’s quieter than the frantic pace we experienced in 2021, it is now a balanced market.”


By the Numbers – Average Prices*:

•          The average sale price for a condominium-class property in December was $434,973, an increase of 9% from 2021.

•          The average sale price for a residential-class property was $655,839, decreasing 7% from a year ago.

•          With year-to-date average sale prices at $769,623 for residential units and $453,770 for condominiums, these values represent a 7% increase over 2021 for residential-class properties and an 8% increase for condominium-class properties.


“Although market activity tapered off in later 2022, there was an immense amount of activity in the spring at high prices,” says Dekker. “This will be an important caveat to consider as we begin comparing 2023 numbers to the previous year.”


By the Numbers – Inventory & New Listings:

•          Months of Inventory for the residential-class properties has increased to 3.7 months from 0.9 months in December 2021.

•          Months of Inventory for condominium-class properties has increased to 3.9 months from 0.9 months in December 2021.

•          December’s new listings (699) were 17% higher than 2021 (600) and down 56% from November 2022 (1,598). The 5-year average for new listings in December is 662.


“The leading economic force behind Ottawa’s rapid appreciation in the past five years is chronic supply insufficiency,” says Dekker. “It intensified during the pandemic as prospective purchasers capitalized on incredibly low interest rates. Today’s higher rates are slowing down building projects, which exacerbates the low supply issue.”


2023 Lookahead

“Since Ottawa is made up of hyper-local markets, it is a difficult ecosystem to forecast,” says Dekker. “Plus, there are a multitude of factors influencing a changing economic environment these days that will dictate how much activity the resale market will see in 2023. REALTORS® have access to expert insights and industry resources that can help buyers and sellers navigate the complexities.”


REALTORS® also help with finding rentals and vetting potential tenants. OREB Members have assisted clients with renting 6,105 properties this past year compared to 4,813 in 2021.


* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

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