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Ottawa Listings of Home Sales Stable in November Amid Growing Supply – 2024 JAN OTTAWA REAL ESTATE NEWS

Ottawa Real Estate Prices for 2024: Prices are going up 1.6% on a year-over-year

The OREB MLS OF Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.

  • The overall benchmark price was $628,900 in November 2023, nearly unchanged, up only 1.4% from November 2022.
    1. The benchmark price for single-family homes was $708,900, up 1.6% on a year-over-year.
    2. By comparison, the benchmark price for a townhouse was $492,300, nearly unchanged, up 0.8% compared to a year earlier.
    3. The benchmark apartment price was $424,300, up 1.2% from year-ago levels.
  • The average price of homes sold in November 2023 was $633,138, decreasing 0.8% from November 2022. The more comprehensive year-to-date average price was $669,536, a decline of 5.7% from 11 months of 2022.
  • The dollar value of all home sales in November 2023 was $458.4 million, down 2.4% from the same month in 2022.

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.

 

LOW INVENTORY IN THE OTTAWA REAL ESATE MARKET JAN 2024

Still plague Market and causes prices to increase once again.

 

 

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OTTAWA REAL ESTATE MARKET UPDATE – SEPT 20TH 2023 – HOMES FOR SALE IN OTTAWA -HOMES FOR SALE IN KANATA – HOME PRICES IN OTTAWA

September 20th, 2023

The average sale price for a freehold-class property in August 2023 was $709,739

Ottawa Resale Market Stalls in August, Supply Challenges Persist!

Low inventory, not enough listings.

Source: OREB

The Ottawa Real Estate Board reported that its members  sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System data service, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from August 2022. The five-year average for total unit sales in August is 1,525.

Call today for free one-on-one market update on Buying or Selling a home.

“Ottawa Sales activity was up marginally on a year-over-year basis in August but remained well below the historical average for this time of year,” says Ken Dekker, OREB President. “There is no shortage of demand given increased immigration and the large Canadian population cohort entering the market. The lack of suitable, affordable housing is a hindrance. High borrowing costs and economic uncertainty are impacting both sellers and buyers, which we expect will continue to result in further market fluctuations.”

 

Ottawa Real Estate Average Prices*:

  • The average sale price for a freehold-class property in August was $709,739, an increase of 0.5% from 2022, and a 5.6% decrease over July 2023 prices.
  • The average sale price for a condominium-class property was $425,968 an increase of 1% from a year ago, although 1.4% lower than July 2023 prices.
  • With year-to-date average sale prices at $732,220 for freeholds and $432,571 for condos, these values represent an 8% decrease over 2022 for freehold-class properties and a 5.5% decrease for condominium-class properties.

 

Thank you for your trust!

Selling and Buying a home made easy!


Price changes: September  2023 report

Number of Sold properties by week. vs other years   2023 report

NUMBER OF HOME FOR SALE ARE LOWER THAN OTHER YEARS

 

AVERAGE SALE Price Changes: SEPT 2023 report

IT LOOKS LIKE 2022 AND 2023 HAVE THE SAME AVERAGE SALE PRICE

 

RESIDENTIAL Price Changes: September  2023 report

LOW NUMBER OF LISTINGS, LOW SALE VOLUME 2023

 

NEW LISTINGS are down this week – this means low inventory : SEPT 2023 report

IT LOOKS LIKE WE ARE STILL LOW ON LISTINGS

 

 

 

 

PRICES ARE MORE AFFORDABLE NOW AND MAY MOVING BACK UP IF INVENTORY STAYS LOW, ACCORDING TO THE OTTAWA REAL ESTATE BOARD, SEPT 2023 REPORT.

 


 

 


 

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Kanata Homes for Sale – Ottawa homes for Sale – All homes for sale in Kanata July 27th, 2023

July 27th, 2023

All homes available for sale in Kanata.

Searching for homes for sale in Kanata? Look no further than The KENNEDY Real Estate Team. With several years of experience in selling homes in Kanata. We have extensive knowledge about various models, builders, and neighbourhoods such as: Beaverbrook, Katimavik, Bridlewood, Kanata Lakes, Morgan’s Grant, Trail West, and Elmwood. 

In Kanata Ontario, there are several types of dwellings available: Single detached homes, row units townhouses, semi-detached homes, stacked townhouses, and apartments.

We are Currently seeking, 113 listings for sale in Kanata with an average price of approximately:

ALL JULY 2023  DETACHED HOMES AVERAGE PRICE $857,900.

Count on us to provide you with the true value. This free service will ensure you make an informed decision for your next home purchase in Kanata.

ASK FOR OUR FREE “PROPERTY REPORT ON VALUE AND COMPARABLE”.

Get all details – Copy/Paste MLS number here.

Search a Street, City, Province, RP Number or MLS® Number

 

All Kanata Home Listings on our IDX website.

ML# Address List Price Type Style Bds Bths
1349274 1016 TANGUAY CRT $339,900 2STOREY STACK 2 2
1346861 1006 TANGUAY CRT $349,900 2STOREY STACK 2 2
1347644 103 SALTER CRES $379,900 2STOREY ROW 3 2
1353521 239 PICKFORD DR $429,900 2STOREY ROW 3 2
1352685 21 BEST WAY $438,000 2STOREY ROW 3 3
1345297 2033 CAMPEAU DR $449,000 2STOREY STACK 2 2
1347915 300 TULUM CRES #H $485,000 1LEVEL STACK 2 1
1339787 310 TULUM CRES #C $499,900 OTHER STACK 2 2
1339789 310 TULUM CRES #B $499,900 OTHER STACK 2 2
1349944 106 KINCARDINE DR $516,000 2STOREY ROW 2 3
1344162 598 FOXLIGHT CIR $528,900 3STOREY ROW 2 3
1352430 373 HILLSBORO PVT $534,900 2STOREY ROW 3 3
1353245 21 STREAMBANK ST $539,900 3STOREY ROW 2 2
1351777 516 ABERFOYLE CIR $549,900 2STOREY ROW 3 2
1351967 1505 CAMPEAU DR $549,999 2STOREY STACK 2 3
1351412 14 MEADOWBREEZE DR $550,000 2STOREY ROW 3 3
1351319 29 STREAMBANK ST $558,000 3STOREY ROW 3 2
1352962 127 ATTWELL PVT $559,900 3STOREY ROW 2 3
1350428 161 ATTWELL PVT $569,000 3STOREY ROW 2 2
1338221 398 HILLSBORO PVT $569,900 2STOREY ROW 3 3
1350177 63 SPRINGCREEK CRES $575,000 2STOREY ROW 3 2
1351338 4 SUNNYBROOKE DR $575,000 2STOREY ROW 3 2
1351016 60 HELMSDALE DR $599,900 2STOREY ROW 3 3
1351828 833 TABARET ST $618,000 2STOREY ROW 3 3
1353591 586 BARRICK HILL RD $619,900 2STOREY ROW 3 3
1353394 1326 HALTON TERR $625,000 2STOREY ROW 3 3
1349339 738 OAKGLADE AVE $629,900 2STOREY ROW 3 3
1352422 220 FORESTBROOK ST $639,000 2STOREY ROW 3 3
1351156 94 SADDLESMITH CIR $639,000 2STOREY ROW 3 3
1352406 201 OPUS ST $649,900 2STOREY ROW 3 3
1352958 80 ROBARTS CRES $649,900 2STOREY ROW 3 4
1352924 276 MAXWELL BRIDGE RD $649,900 2STOREY ROW 3 3
1346702 30 HIGHMONT CRT $650,000 2STOREY SEMIDET 3 3
1353652 29 COURTNEY RD $654,900 BUNGLOW DETACH 4 2
1346498 218 HUNTERBROOK ST N $659,999 2STOREY ROW 3 3
1346233 100 PATRIOT PL $669,900 2STOREY ROW 3 3
1350846 560 PEPPERVILLE CRES $669,900 2STOREY ROW 3 3
1350828 120 SPRINGCREEK CRES $674,900 2STOREY DETACH 3 2
1340559 804 STAR PVT $684,900 3STOREY ROW 2 4
1343773 31 BACHMAN TERR $694,900 3STOREY ROW 2 4
1342872 58 BLACKDOME CRES $699,000 2STOREY ROW 3 2
1351794 7 CURRAN ST $699,000 2STOREY DETACH 3 2
1347144 80 GOLDRIDGE DR $699,900 2STOREY ROW 3 3
1350013 70 MERSEY AVE $699,900 2STOREY DETACH 3 3
1343158 27 BACHMAN TERR $704,900 3STOREY ROW 4 4
1345027 45 BACHMAN TERR $714,900 3STOREY ROW 3 3
1344899 110 MACASSA CIR $724,900 SPLIT ROW 3 3
1348075 51 WATERTHRUSH CRES $724,900 BUNGLOW SEMIDET 3 3
1333567 69 EQUESTRIAN DR $729,900 2STOREY DETACH 3 3
1344890 37 BACHMAN TERR $734,900 3STOREY ROW 4 4
1350053 993 KLONDIKE RD $735,000 2STOREY ROW 3 3
1339680 432 MEADOWBREEZE DR $739,900 2STOREY ROW 4 3
1349133 283 KINGHAVEN CRES $749,000 2STOREY ROW 3 4
1347577 95 VILLAGE GREEN $749,999 2STOREY DETACH 4 2
1345492 21 WESTMEATH CRES $757,000 2STOREY DETACH 3 3
1352433 2 SEWELL WAY $769,900 2STOREY DETACH 4 3
1348719 554 HITZLAY CRES $770,250 2STOREY ROW 3 3
1352974 66 MACASSA CIR $790,000 3STOREY ROW 2 3
1352026 42 FOULIS CRES $794,000 BUNGLOW ROW 3 3
1348104 4 TURNBULL AVE $799,900 2STOREY DETACH 3 3
1351607 26 FOXLEIGH CRES $799,900 2STOREY DETACH 4 4
1353089 33 SPUR AVE $799,900 2STOREY DETACH 4 4
1353349 58 BRIDLE PARK DR $799,900 2STOREY DETACH 4 3
1347391 182 OVERBERG WAY $809,900 2STOREY ROW 3 4
1352046 194 FLOWING CREEK CIR $829,900 2STOREY DETACH 4 4
1348237 65 CROWNRIDGE DR $839,900 2STOREY DETACH 3 3
1352949 24 RIVERGREEN CRES $839,900 2STOREY DETACH 3 3
1352972 140 BRIDGESTONE DR $849,900 2STOREY DETACH 4 3
1339798 819 PETRA PVT $850,000 3STOREY ROW 3 4
1352306 135 SOLARIS DR $855,000 2STOREY DETACH 4 4
1351387 441 TILLSONBURG ST $875,000 2STOREY DETACH 3 3
1350782 122 WHERNSIDE TERR $885,000 2STOREY DETACH 4 4
1353183 2 BRADLEY FARM CRT $899,900 2STOREY DETACH 4 4
1346499 4 BRADLEY FARM CRT $899,999 2STOREY DETACH 6 4
1348913 26 PELLAN CRES N $936,000 2STOREY DETACH 4 3
1348723 15 RUTHERFORD CRES $945,000 2STOREY DETACH 4 3
1346322 803 OAKSIDE CRES $959,000 2STOREY DETACH 5 4
1348720 360 ABBEYDALE CIR $969,900 2STOREY DETACH 4 3
1346305 614 BRIDLEGLEN CRES $979,990 2STOREY DETACH 3 3
1330947 27 SOLARIS DR $989,900 2STOREY DETACH 4 4
1350083 19 RUTHERFORD CRES $989,900 2STOREY DETACH 4 4
1342008 42 STONECROFT TERR $998,000 BUNGLOW DETACH 4 3
1346782 178 GYRFALCON CRES $999,000 2STOREY DETACH 5 4
1347064 11 TURTLE POINT PVT $999,000 BGWL ROW 4 4
1347484 2004 ALLEGRINI TERR $999,900 2STOREY DETACH 4 3
1343628 343 SUGAR PINE CRES $1,029,000 2STOREY DETACH 3 3
1350372 10 JARLAN TERR $1,039,000 2STOREY DETACH 4 3
1346589 11 MENDOZA WAY $1,049,000 2STOREY DETACH 4 3
1352264 328 LAUGHLIN CIR $1,050,000 2STOREY DETACH 4 3
1345277 8 EVANSHEN CRES $1,100,000 2STOREY DETACH 4 3
1350338 26 VARLEY DR $1,150,000 2STOREY DETACH 4 3
1349314 9 ROSETHORN WAY $1,188,800 2STOREY DETACH 5 4
1345120 138 STEEPLE CHASE DR $1,199,900 2STOREY DETACH 4 4
1350186 36 ROSENFELD CRES $1,225,000 2STOREY DETACH 4 4
1340309 123 GRAINSTONE WAY $1,299,900 2STOREY DETACH 4 4
1350133 50 OSPREY CRES $1,299,900 2STOREY DETACH 8 5
1345061 28 GREENSAND PL $1,300,000 2STOREY DETACH 4 4
1343176 396 HUNTSVILLE DR $1,349,000 2STOREY DETACH 4 4
1344490 250 KETCHIKAN CRES $1,395,800 2STOREY DETACH 4 4
1346597 55 IRONSIDE CRT $1,399,000 2STOREY DETACH 4 3
1350049 523 BRECCIA HTS $1,399,000 2STOREY DETACH 4 5
1350623 139 INGERSOLL CRES $1,424,900 2STOREY DETACH 5 3
1345728 348 ABBEYDALE CIR $1,450,000 2STOREY DETACH 5 5
1352289 60 ROSENFELD CRES $1,495,000 2STOREY DETACH 4 4
1352517 15 KANATA ROCKERIES PVT $1,495,000 2STOREY DETACH 4 5
1352529 65 IRONSIDE CRT $1,499,000 2STOREY DETACH 5 3
1345689 1098 BLANDING ST $1,539,000 2STOREY DETACH 4 5
1347414 525 BRECCIA HTS $1,548,000 2STOREY DETACH 5 5
1349077 44 IRONSIDE CRT $1,625,000 2STOREY DETACH 4 4
1351597 3 GOULDING CRES $1,685,000 2STOREY DETACH 4 3
1349776 65 WALDEN DR $1,750,000 2STOREY DETACH 6 5

Homes for sale in Kanata – Homes for sale in Ottawa

 

 

Count on us to provide you with the true value. This free service will ensure you make an informed decision for your next home purchase in Kanata.

ASK FOR OUR FREE “PROPERTY REPORT ON VALUE AND COMPARABLE”.

 

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For sale Open House
$1,125,000
19 MILNE CRESCENT, kanata, Ontario

19 Milne Crescent

Kanata, Ontario

A Ture Jem! Resort-style backyard with Fantastic Location, just steps from top-rated schools! This FULLY-RENOVATED stunning home is located on a quiet tree-lined crescent, Premium lot backing onto a park! Step into this home, you will be impressed by the chef's Kitchen with gloss white cabinetry, a massive island with quartz top and breakfast counter & High-End appliances. The spacious living & dining rooms are filled with natural light from the wall of windows. Elegant hardwood staircase leads to the second level boasting: a large master bdrm with 4 pc EN & 2 walk-in closets, two other bedrooms and a family bathroom. The finished lower level with a large recreation room and a bathrm offers much more space for relaxation and storage. Outside, your personal paradise awaits: majestic trees providing privacy and serenity, the large swimming pool, all-season sauna room, and hot tub creating the perfect backdrop for outdoor gatherings and peaceful moments. Freshly painted and Move-in Ready! (id:35885)

3 Bedroom 4 Bathroom
For rent
$2,700 Monthly
99 OSLER STREET, kanata, Ontario

99 Osler Street

Kanata, Ontario

Introducing the brand new Minto Monterey model in the Brookline Community! This home is ready for its first occupants. Featuring 3 bedrooms and 3 bathrooms, this residence boasts a fully finished basement. The main level is enhanced with 9-foot ceilings and hardwood flooring. The open concept kitchen is equipped with quartz countertops, a large central island, upgraded stainless steel appliances, and an extra storage pantry. The spacious dining room and great room are complemented by large windows and a cozy gas fireplace. The second floor offers three well-sized bedrooms, including a primary bedroom with a walk-in closet and a 4-piece ensuite. For added convenience, the laundry area is also located on the second floor. Located just minutes away from the Kanata High Tech Park, DND Carling office, top schools, parks, and shopping plazas. This home is move-in ready! Appliances ordered, will be installed before move in. (id:35885)

3 Bedroom 3 Bathroom
For sale
$795,000
1017 PARABOLICA WAY, kanata, Ontario

1017 Parabolica Way

Kanata, Ontario

Welcome to this almost-new Minto-built detached home in Arcadia, Kanata! Featuring 3 bedrooms, 2.5 baths, and a garage, this home boasts a beautiful front porch and a spacious foyer with a powder room and walk-in closet—ideal for busy families. The large kitchen includes stainless steel appliances, double sink and breakfast bar. The family room features hardwood floors and a cozy gas fireplace. Enjoy a bright breakfast area with a glass patio door. The carpeted stairs lead to the second level that houses the primary bedroom with a walk-in closet, and 4-piece ensuite. The second and third bedrooms offer lots of light thanks to large windows and share 4-piece modern bathroom. The basement provides laundry room and ample storage space. Located within top school boundaries and close to parks, bus stops, fitness centers, cafes, grocery stores, and more. Move in and enjoy! (id:35885)

3 Bedroom 3 Bathroom
For sale
$849,900
428 BRUNSKILL WAY, kanata, Ontario

428 Brunskill Way

Kanata, Ontario

Discover this sprawling bungalow at 428 Brunskill Way! This pristine property, nestled in Kanata, offers an open concept layout with cathedral ceilings, gleaming hardwood floors, and a cozy gas fireplace. Boasting 2 spacious bedrooms, including a large primary with 5-piece ensuite and walk-in closet. The basement provides ample storage. On the exterior of the home you are treated to a private backyard with a pressure-treated deck and patio perfect entertaining. The home is also equipped with an irrigation system and a natural gas generator with an automatic transfer switch. Fantastic location in the desirable Kanata Lakes neighbourhood with close proximity to parks, schools, Kanata Centrum and Tanger Outlets. 24 Hour irrevocable on offers. (id:35885)

2 Bedroom 2 Bathroom
For sale
$519,800
6 HENDRIE COURT, kanata, Ontario

6 Hendrie Court

Kanata, Ontario

Bright and spacious interior row unit located on a quiet court with a private fenced rear yard. This 3 bedroom, 2 bathroom home is well maintained and features hardwood floors, professionally repainted, cozy fireplace in the living room, galley kitchen, patio doors from the dinette to the new rear deck, large primary bedroom with vanity/sink ensuite and access to the main bathroom. 1 car garage and paved parking for 2 additional cars. Basement is unfinished offering ample storage or future additional living area. 72 hour irrevocable on all offers due to Estate Sale. (id:35885)

3 Bedroom 2 Bathroom
For sale
$648,800
78 OSLER STREET, kanata, Ontario

78 Osler Street

Kanata, Ontario

Brookline is the perfect pairing of peace of mind and progress. Offering a wealth of green space, parks and pathways in a new, modern community neighbouring one of Canada’s most progressive economic epicentres. Minto Haven model 3-bedroom townhome. Boasting a seamless blend of comfort and sophistication, this residence comes fully equipped with appliances and the convenience of central air conditioning. Embrace the luxury of numerous upgrades throughout, elevating both style and functionality. A perfect haven for those seeking a harmonious balance between contemporary design and practical amenities, this home invites you to experience a lifestyle of comfort and refinement. Welcome home to a haven of elegance and convenience. Premium Lot across from park. Immediate Occupancy. (id:35885)

3 Bedroom 4 Bathroom
For sale Open House
$824,900
15 CATHERWOOD COURT, kanata, Ontario

15 Catherwood Court

Kanata, Ontario

Don’t miss out this great opportunity! This executive semi-detached fully renovated home has over 2,400+ sq.ft. of beautifully finished living space,walkout basement and 2 car garage with interlock drive way.Main floor offers a full of natural light with spacious living and dining rooms, the bright eat-in kitchen and flexible living space that can be ideal for a home office or cozy family room. Balcony ideal for relaxing or entertaining guests.Upstairs: 3 generously sized bedrooms including a master suite complete with a walk-in closet and a luxurious 4-piece ensuite bath. A convenient mid-level laundry room ensures effortless daily routines.The walk-out lower level enhances the living space with family and hobby or bedroom, opening to a private backyard oasis through patio doors. Updates: Roof (2011) Furnace,AC (2014)Windows,Patio Doors,Basement Flooring,Kitchen Cabinet(2019)Kitchen Floors, Backsplash,Granite Countertop,Fridge (2021)Bathrooms (2021)Dishwasher(2022)Laminate,Paint(2024) (id:35885)

4 Bedroom 3 Bathroom
For sale
$449,900
283 PICKFORD DRIVE, kanata, Ontario

283 Pickford Drive

Kanata, Ontario

Bright and Airy - Backing onto Park, super End UNIT with 3 BEDROOM, 2.5 BATHROOM condominium in sought after Katimavik, close to schools, retail and access to Highway 416/417. The Main Level offers a welcoming foyer with partial bathroom, access to the generous Laundry/Storage Room and Single Car Garage. SECOND LEVEL features an open concept design with Charming LIVING area complete with gas fireplace, chic bamboo flooring and DINING area. KITCHEN features ample cupboards and work preparation space + Eat In area and access to the private rear yard oasis. UPPER LEVEL offers PRIMARY BEDROOM retreat, with large DOUBLE CLOSET + renovated two piece ENSUITE BATHROOM. Two additional generous sized BEDROOMS + renovated practical FAMILY BATHROOM. Inviting outdoor space, fully fenced patio perfect for summer entertaining. No rear Neighbors! (id:35885)

3 Bedroom 3 Bathroom
For sale Open House
$810,000
122 WHERNSIDE TERRACE, kanata, Ontario

122 Whernside Terrace

Kanata, Ontario

Welcome to your single family detached home on a quiet street in Morgan's Grant with NO REAR NEIGHBOURS!! Walk into the airy and bright living/dining room, a space to entertain or relax. Tucked around the corner is the well appointed kitchen complete with neutral finishes, black appliances and tons of cabinet space. Off the kitchen, a patio door leading to a large and beautiful modern deck with a fully fenced yard. The family room off the kitchen is a great spot to watch tv, sit by the fire and visit the with the chef. Upstairs you'll be pleasantly surprised by the generously sized bedrooms with tons of closet space. The principal bedroom boasts a luxurious ensuite and walk in closet. The lower level is beautifully finished and where you'll find an extra bedroom/office and bathroom, a perfect spot for a growing family. Minutes from shopping, schools, parks, and high tech. Freshly, painted, this meticulously cared for home awaits your personal touch. Book a private showing today. (id:35885)

4 Bedroom 4 Bathroom
For sale
$579,000
16 REDSTONE LANE, kanata, Ontario

16 Redstone Lane

Kanata, Ontario

This lovely end unit home is nestled in central Bridlewood on a spacious pie shaped lot, & provides much convenience & comfort. Mins from Hunt Club Rd & Hwy 416, its central locale ensures an easy commute. Surrounded by parks, schools, transit & amenities, life here is both vibrant & tranquil. Step in & find an updated interior w/ refreshed paint & flooring. Enjoy a bright eat-in kitchen w/ ample storage & spacious living/dining area w/ gas fireplace. Convenient main floor laundry & direct garage access add to the practicality. Upstairs offers 3 well-sized beds, complemented by spacious rec room in lower level inspiring endless possibility. Outside boasts mature trees for added privacy, perennial gardens, fenced backyard & sizable deck perfect for summer relaxing & a huge driveway accommodates parking for four! This home presents not only a place to live, but a lifestyle of comfort & convenience in one of Ottawa's most sought-after neighborhoods. Don't miss the chance to make it yours! (id:35885)

3 Bedroom 2 Bathroom
For sale
$649,000
327 GLENBRAE AVENUE, kanata, Ontario

327 Glenbrae Avenue

Kanata, Ontario

Located in South March, one of Kanata's most desirable neighbourhoods, is your new home! This stunning townhome is sure to impress! Step inside & be wowed by modern finishes & fabulous upgrades, including Quartz counter tops & new laminate flooring throughout. The spacious open-concept living area is perfect for hosting friends or just chillin' w/the family. You'll adore the sleek kitchen w/SS appliances & plenty of storage. With 3 bedrooms & 2.5 bathrooms, there's room for everyone. Relax in the primary suite; a true retreat! Ensuite feats. soaker tub & sep. shower & the room is complete off w/ a large walk-in closet! The finished basement offers extra space for a den or office, ft. a cozy gas fireplace & extra bathroom rough-in. The backyard is fully fenced, with grass and an expansive deck. Easy access to the 417/416, so commuting is a breeze. New Roof in 2022! Mins from shops, many restaurants, & all the excitement Kanata North has to offer. 24 Hr Irrevocable on Offers/244 (id:35885)

3 Bedroom 3 Bathroom
For sale
$1,799,000
42 MARCHBROOK CIRCLE, kanata, Ontario

42 Marchbrook Circle

Kanata, Ontario

Tranquillity & Luxury in Emerald March Estates! Close to the Kanata High Tech Park & top schools! This exceptional custom home on a 2-acre lot features a full brick exterior, 3-car garage, expanded driveway & high-quality metal roof w/ a lifetime warranty! Inside, the grand 3-level foyer sets a luxurious tone. The main floor includes a spacious office w/ double French doors and an open living & dining room which is perfect for entertaining. The renovated kitchen boasts gorgeous granite countertops & a bright eating area w/ skylights! The elegant curved staircase w/ skylight leads to the 2nd level featuring newly installed hardwood flooring, 4 spacious bedrooms & 2 full bathrooms. The fully finished basement w/ a SEPARATE entrance from the garage features a kitchenette, full bath, Sauna, bedroom & huge recreation area w/ fireplace. Efficient Geothermal Heating! Relax in the peaceful yard and enjoy the beautiful garden—a true sanctuary for body, mind, and soul! (id:35885)

5 Bedroom 4 Bathroom
For sale
$789,900
22 FERNBROOK PLACE, kanata, Ontario

22 Fernbrook Place

Kanata, Ontario

NEW PRICE & OPEN HOUSE SUNDAY 2-4!! The forever home you've been waiting for! Tucked on a deep lot on one of Bridlewood's most sought after & rarely available streets: steps to greenspace, great schools, shopping & more! Enjoy peaceful strolls on an idyllic tree-lined crescent w/ a canopy of mature maples & direct access to Meadowbreeze Park's trails. Stunning NEW wide-planked hickory floors offer modern farmhouse vibes & fill the main w/ warmth. The home's airy flow draws you into the bright sunken family rm w/ its vaulted ceilings & NEW floor-to-ceiling gas FP w/ custom surround & mantel. Upstairs you’ll find 3 good sized bedrooms, including a spacious primary retreat w/ reading nook, double closets & ensuite bath! Host summer gatherings in your quiet FENCED backyard w/ a large deck & gazebo for entertaining + mature trees/perennials! The finished lower level offers rec, office & flex space, w/ a rough-in bath & 350ft of storage under the garage! New furnace (23) & updated windows! (id:35885)

3 Bedroom 3 Bathroom
For sale
$299,900
702 TANGUAY COURT, kanata, Ontario

702 Tanguay Court

Kanata, Ontario

Great opportunity for investors or those looking to purchase their first home! Explore this rarely available stacked lower unit featuring 3 bedrms and 2.5 bathrms, nestled in the charming and family-friendly neighborhood of Katimavik. Situated just a short walk from shopping centers, parks, public transit, schools & trails, convenience is at your doorstep. This unit boasts an open-concept design blending the living and dining areas, complemented by a balcony overlooking the community garden and adorned with expansive windows. The gallery-style kitchen comes fully equipped with appliances, while a convenient guest bathrm graces the main level. Descend downstairs to discover a spacious primary bedrm with soaring 10.7ft high ceilings and a 3pc ensuite. Accompanied by 2 additional bedrms, a pristine 4pc family bathrm and in-unit laundry with storage, this lower level offers both comfort and functionality. Outside, a private fenced yard complete with a storage shed for added convenience. (id:35885)

3 Bedroom 3 Bathroom
For sale
$6,200,000
20 KANATA ROCKERIES PRIVATE, kanata, Ontario

20 Kanata Rockeries Private

Kanata, Ontario

Discover a rare opportunity to own an architectural dream in the Kanata Rockeries. This super private home combines elegance, design & the tranquility of nature in every space offering a lifestyle of luxury & spa like feel right at home. Relax and enjoy in the salt water infinity pool overlooking the pond, hot tub, sauna, steam room, 4 fireplaces, massive home gym or the 6km nature hike right out your back steps. With over 9000sf of living space, this home has been curated for entertaining inside and out. The main floor has an abundance of natural light and nature in every view, showcasing a Chef's kitchen feat two 9 ft islands, custom 15 ft banquet & hidden pantry, a dining room with bar and built in wine fridges, an inviting living room, 3-season room, w outdoor kitchen, and custom mud room. Designed w primary suites on main level for multi-gen living. Situated in the heart of the city you can enjoy peaceful walks to shopping, dining, & top-rated schools, rec facilities & much more. (id:35885)

6 Bedroom 8 Bathroom
For sale
$1,999,000
1882 ROCKLANE DRIVE, kanata, Ontario

1882 Rocklane Drive

Kanata, Ontario

A stunning residence nestled on a private 2-acre lot, this home boasts 4,500 sq ft+ of spacious, separate living areas w/ high ceilings throughout. The flexible floor plan offers options for an in-law suite or home office. The true gem of this property is the backyard oasis. Dive into the luxurious saltwater pool, complete w/ a tranquil rock water feature. Entertain guests at the outdoor bar or enjoy a meal on the patio. As the evening cools, gather around the firepit or unwind in the hot tub under the stars. Enjoy the beauty of all seasons in the sunroom, feat. heated floors & auto rain sensor skylights. The kitchen is a chef’s dream w/ ample prep space, a dbl fridge/freezer, gas range, breakfast bar, & dedicated dining area. Upstairs, the primary suite offers a 5-piece ensuite & walk-in closet complete w/ a cozy fireplace. 3 additional bedrooms make this home perfect for families. Located just a quick commute from Kanata, this home combines luxury & convenience in a serene setting. (id:35885)

4 Bedroom 4 Bathroom
For sale
$729,000
180 EQUESTRIAN DRIVE, kanata, Ontario

180 Equestrian Drive

Kanata, Ontario

Welcome to your future haven at 180 Equestrian Dr, a fresh new listing that’s primed and ready for its next loving owners! Nestled in the vibrant community of Bridlewood, this well-kept house offers a perfect blend of charm, convenience, and comfort. Step inside to find a spacious living room where you can entertain guests or unwind in solitude. The kitchen and eating space overlooks the sizable family room which promises to be the heart of your home. The basement boasts ample space and could easily be transformed into an additional bedroom, a home gym, or whatever suits your needs. Outside, your personal oasis awaits. This home not only places you in a friendly, family-oriented neighbourhood but also keeps you close to all the essential amenities, making your daily errands as easy as pie. Don’t miss out on the chance to call this gem your own. Schedule a visit today and come see why 180 Equestrian Dr should be your next address! (id:35885)

3 Bedroom 3 Bathroom
For sale Open House
$629,900
26 MELANIE CRESCENT, kanata, Ontario

26 Melanie Crescent

Kanata, Ontario

***OPEN HOUSE SUNDAY 2 TO 4 PM***If you are looking for a home where you can truly enjoy a private backyard oasis, this is the perfect home for you!!! Don’t miss out on this charming semi-detached 3 bedrm home nestled in a quiet, family-friendly neighbourhood in Kanata. Main floor features a renovated kitchen that opens to the diningrm area and backyard patio door. The spacious livingrm boasts a sun filled picture window overlooking a cozy rock garden sitting area in the front lawn. 2nd level offers 3 spacious bedrooms and lower level has been recently renovated. Back yard Oasis has 3 sheds, two of which have electricity. Many upgrades over the years include, windows replaced in 2009, Kitchen reno 2011, Furnace Nov 2015, Cedar deck 2017, 200 Amp electric panel Jan 2023, Heat pump Aug 2023, Upgraded attic insulation Aug 2023, New Flooring throughout 2023/2024. New siding 2023. The back yard has 3 spacious sheds, 2 of which have electricity. Walk to parks, schools, shopping and more. (id:35885)

3 Bedroom 2 Bathroom
For sale
$1,199,000
4 PELEE STREET, kanata, Ontario

4 Pelee Street

Kanata, Ontario

Don't wait any longer, A Holiday Oasis awaits in your backyard with Las Vegas style Pool, a hot tub under a beautiful Pergola, & Fireplace entertainment zone all attached to this large 4 bedroom home with main floor family room and home office. A kitchen designed for entertaining not only boasts waterfall quartz counter tops, heated floors, high end appliances, wine & drink fridges and an expansive island with eating bar. Over $300K spent in 2017, imagine the cost now. Hardwood floors fill large bedrooms & main floor. A home office with custom cabinetry & glass doors for added privacy. The finished basement includes a good size bedroom, full bathroom, large family entertainment area with built-in cabinets & home theatre wiring. Outside again, the Pool is heated and shallow enough for children to play, but deep enough for adult entertainment, there is a gas fire pit, large hot tub, dining area with N-gas barbecue connections and so much more. Come see this one now (id:35885)

5 Bedroom 4 Bathroom
For sale
$379,999
102 CHIMO DRIVE, kanata, Ontario

102 Chimo Drive

Kanata, Ontario

Welcome to 102 Chimo Drive, this spacious and bright 3-bedroom 2 bath end unit condo comes with 2 parking spaces and a fully fenced backyard. This home is located in the west end of Kanata, in the family friendly neighborhood of Katimavik, with easy access to the Queensway. This neighborhood is walking distance to several schools, plenty of parks, endless walking trails and even the Kanata Wave Pool. This is the perfect starter home with a large kitchen, eating area and powder room all on the ground level. As you move upstairs, the living room offers plenty of natural light with access to the backyard. On to the 3 Spacious bedrooms and fully renovated bathroom, this is a turn key property waiting to be bought. (id:35885)

3 Bedroom 2 Bathroom
For sale
$699,000
66 OSLER STREET, kanata, Ontario

66 Osler Street

Kanata, Ontario

A brand new Minto Monterey model in the vibrant Brookline Community, premium lot, facing Invention Park! This stunning home, ready for its first occupants, features 3 bedrooms and 4 bathrooms, including a fully finished basement. The main level impresses with 9-foot ceilings and elegant hardwood flooring. The open-concept kitchen is a chef’s dream, boasting quartz countertops, a large central island, upgraded SS appliances, and a spacious pantry for extra storage. The expansive dining room and great room, with their large windows and cozy gas fireplace, create a warm and inviting atmosphere. On the second floor, you'll find three generously-sized bedrooms, including a primary suite with a walk-in closet and a luxurious 4-piece ensuite. The conveniently located laundry area on this level adds to the home's practicality. Mins from the Kanata High Tech Park, DND Carling office, top-rated schools, parks, and shopping plazas, this home offers both comfort and convenience. Move-in ready! (id:35885)

3 Bedroom 4 Bathroom
For sale
$649,900
4 LEVERTON ROAD, kanata, Ontario

4 Leverton Road

Kanata, Ontario

EXECUTIVE ‘ADULT LIFESTYLE’ ROW BUNGALOW located on quiet enclave in prestigious Kanata Lakes. Lovingly maintained this charming Home features welcoming foyer with access to second Bedroom or Den/Office option. Elegant Kitchen with white cabinetry and granite counters + undermount and display cabinet lighting. The main level boasts an open concept design of Living/Dining area complete with gleaming oak hardwood flooring throughout, cozy gas fireplace + access to the rear deck. Generous sized Primary Bedroom with views of the yard, double walkthrough Closet to Ensuite bathroom enhanced by a large walk-in shower. Partial Bathroom also presents the practical Laundry Room with a stacking Washer/Dryer and Laundry sink. Enchanting rear outdoor space offers multi- level deck, beautifully landscaped with lower level patio. Single Car Garage completes this lovely property. Basement awaits your design. No Condo Fees! 48 Hour irrevocable on all Offers. (id:35885)

2 Bedroom 2 Bathroom
For sale
$679,900
8 BRIDLE PARK DRIVE, kanata, Ontario

8 Bridle Park Drive

Kanata, Ontario

Larger you think, this solid Holitzer built detached 3 bedroom home has plenty to offer to the next family. To say it was exceptionally well maintained by the original owner would be an understatement, and it includes all the major updates you're hoping for. Feel welcomed by the Foyer built for families, room for everyone and their gear, and quick access to a 2 pce bath. Open Living/Dining room. Cozy Family room overlooking the yard, with wood burning fireplace. Fully updated kitchen with sooo much counter space, Centre Island with stools, Granite tops and a stove that will air fry! Patio door access to fully fenced, oversized and landscaped backyard, surrounded with perrenials, just enjoy. Second level hosts the Primary bedroom with walk in closet and cheater access to the main 4 piece bath. 2 additional well balanced bedrooms and storage. Fully finished LL Rec rm, laundry/storage. Recent updates include: Windows, Front dr, A/C, Roof, Kitchen, Rec rm. 24 hours irrev. on all offers. (id:35885)

3 Bedroom 2 Bathroom
For sale
$560,000
44 AYTON LANE, kanata, Ontario

44 Ayton Lane

Kanata, Ontario

You won't want to miss out on this renovated townhome in the family-friendly and sought-after neighbourhood of Morgan's Grant. This home is in a premium location steps to Kanata's High Tech Park, public transit, schools, Richcraft Rec Complex, South March Highland Walking Trails and all of the shopping and restaurants you need just on March Rd and in the Kanata Centrum. An open concept living and dining room greets you to this well maintained home featuring gleaming hardwd flring, updated pot lighting, neutral walls and large windows to flood the space in natural light. Enjoy cooking in the fully renovated eat-in kitchen complete w/ quartz counters, updated cabinetry, a modern hexagon tile backsplash and a counter bar. Upstairs boasts three generous sized bedrms including a primary w/ a WIC and a cheater ensuite. Enjoy the additional living space in the fully finished lower level to use as you wish and the beautiful fully fenced backyard with a stunning mature tree for nature's shade. (id:35885)

3 Bedroom 2 Bathroom
For sale
$899,900
28 SCAMPTON DRIVE, kanata, Ontario

28 Scampton Drive

Kanata, Ontario

Newly renovated & Move-in Ready! Superb location, Fantastic Layout & Abundant Sunlight!! This very bright & spacious home sits on a quiet street in the sought-after Kanata-Morgan's Grant with Top schools! The main level features a bright office, a cozy family room and a dining room. The large eat-in kitchen with a central island and a patio door opens to the FULLY fenced backyard with NO direct rear neigbhors, great for summer outdoor living. An elegant staircase leads to the 2nd floor boasting a large primary bedroom with a walk-in closet and a 4-piece ensuite. 3 other generous bedrooms, and a full bath complete this level. The newly finished lower level offers the 5th bedroom, rec room & laundry. Close to shopping, Kanata high tech, top schools, parks, recreation & public transit. New lighting, New Quartz countertops in kitchen & bathrooms, and New carpet in basement, Freshly painted! (id:35885)

5 Bedroom 3 Bathroom
For sale
$599,900
79 BISHOPS MILLS WAY, kanata, Ontario

79 Bishops Mills Way

Kanata, Ontario

Welcome to this beautifully renovated 2 bed, 2.5 bath townhome with a charming loft, perfectly situated on a grand lot with no rear neighbours. The main level welcomes you with gorgeous LVP flooring and a spacious layout, including a convenient powder room. The kitchen, complete with an inviting eat-in area, flows seamlessly into the separate dining room. The family room, highlighted by vaulted ceilings and a cozy gas fireplace, offers a perfect space for relaxation. Upstairs, discover a delightful loft and three generously sized bedrooms. The primary suite is an oasis of comfort with an exquisite three-piece ensuite. An additional full bath serves the remaining bedrooms, providing ample space for family and guests. The fully finished basement enhances this home’s appeal, offering a fantastic entertainment area and ample storage. Freshly painted throughout, this townhome is move-in ready. Enjoy the convenience of nearby amenities and schools, making this the ideal place to call home. (id:35885)

2 Bedroom 3 Bathroom
For sale
$599,900
31 SPEARMAN LANE, kanata, Ontario

31 Spearman Lane

Kanata, Ontario

This stunning home in Old Glencairn has been extensively updated, making it feel brand new. Recent upgrades include a new A/C and furnace (2023), a modern kitchen with all-new appliances (2021), Upstairs entirely renovated top to bottom (2024) a new washer (2017) and dryer (2023), an updated powder room (2021), new main level windows and back door (2019), a new back deck (2019), a front deck (2023), and a paved driveway (2021). The pool features a new liner and pump (2021). Originally a four-bedroom home, it now boasts three bedrooms, with two rooms combined to create an exceptionally large primary bedroom. The backyard speaks for itself and is a true entertainer's dream, complete with a pool, oversized deck and a cozy seating area for evenings under the stars.. Experience the perfect blend of convenience and lifestyle with this home in a prime location for all of your daily essentials, from grocery stores to fitness centres, just right around the corner. (id:35885)

3 Bedroom 2 Bathroom
For sale
$829,900
162 BALIKUN HEIGHTS, kanata, Ontario

162 Balikun Heights

Kanata, Ontario

A rare find! Gorgeous, upgraded 2+1 Bedroom bungalow in popular Fernbank Crossing! Great curb appeal with paving stone walkways & beautiful landscaping. The welcoming Foyer opens to the Living/Dining Room with elegant crown molding & hardwood throughout. Open to the Family Room Chef'sKitchen with granite countertops, breakfast bar & high-end stainless appliances. The Family Room features a cathedral ceiling, gas fireplace & patio door access to the extensively landscaped & private backyard! The Primary Bedroom suite features a luxury Ensuite Bathroom with shower stall & hydro tub. The second Bedroom, Laundry Area & Powder Room complete the main level. The finished lower level is bright with large windows, high ceilings, laminate flooring - a large Rec Room, Third Bedroom & Full Bathroom in addition to plenty of Storage space. The backyard is an oasis with a screened-in gazebo as well as strategically placed trees & latticework to create privacy! (id:35885)

3 Bedroom 3 Bathroom
For sale
$659,900
132 CASTLE GLEN CRESCENT, kanata, Ontario

132 Castle Glen Crescent

Kanata, Ontario

Rare offer! Welcome to this elegantly updated semi-detached hi-ranch located in the vibrant heart of Kanata! Well cared by current owner, 3 bedrooms, 2 bathrooms, and a double car garage, this property is ready for you to move in. The main level boasts an open floor plan that combines the living and kitchen areas, bathed in abundant natural light. The expansive chef's kitchen is designed for culinary enthusiasts. The primary bedroom includes a private balcony overlooking a fenced yard, perfect for children and pets. The layout offers flexibility with bathrooms on both floors and generously sized bedrooms. The lower level opens to a patio in the rear yard and includes ample storage space along with laundry and utility areas. The garage provides internal access and additional driveway parking for at least two vehicles. Located in a dynamic neighborhood ideal for young families, this home is within walking distance to parks, recreational facilities, and rapid transit to downtown. (id:35885)

3 Bedroom 2 Bathroom
For sale
$639,900
458 TEMPLEFORD AVENUE, kanata, Ontario

458 Templeford Avenue

Kanata, Ontario

Discover this charming Monarch Harmony townhouse, meticulously cared for by its original owners. With 1,875 sq. ft. of living space, this home offers 3 bedrooms & 2.5 bathrooms, perfectly situated in the vibrant Trailwest community of Kanata. Step into a welcoming foyer with powder room & coat closet. Spacious Dining & Living rooms with plenty of natural light. Gourmet Kitchen boasts granite counters, abundant cabinetry & ample counter space, eating area with patio doors to deck(20) & fenced yard(20). Upstairs you will find 3 generously sized bedrooms, including a primary bedroom with dual walk-in closets and 4-piece ensuite. Second floor also features 2 bedrooms with ample closet space, full bathroom and convenient laundry room. Finished Lower level has a family room with corner gas fireplace and rough-in for bathroom. Easy access to a variety of amenities including shops, restaurants, parks and schools, all just a short walk away. 24 hour irrevocable. Some pictures virtually staged. (id:35885)

3 Bedroom 3 Bathroom
For sale
$949,900
9 KINGSFORD CRESCENT, kanata, Ontario

9 Kingsford Crescent

Kanata, Ontario

Welcome Home to Beaverbrook! Step into this warm and inviting bungalow, boasting over $200k in thoughtful renovations just for you. The spacious living room, with its cozy wood-burning fireplace, is perfect for relaxing evenings. The kitchen, a chef's delight, features brand-new modern cabinetry, an island with a breakfast bar, stunning granite countertops, and new stainless steel appliances. The adjoining large dining area is ideal for family gatherings and opens to your rear yard through a patio door. The master bedroom is a personal retreat, offering a walk-in closet and a luxurious en-suite bathroom with a custom walk-in tiled shower. Two additional bright and airy bedrooms provide ample space for family or guests, and the fully updated main bathroom showcases elegant, modern touches. The expansive basement includes a large family room, a convenient 2-piece bathroom, and two extra rooms perfect for a den or office. The rear and side yards are ready for your landscaping dreams. (id:35885)

3 Bedroom 3 Bathroom
For sale
$839,900
15 BYRD CRESCENT, kanata, Ontario

15 Byrd Crescent

Kanata, Ontario

Elegant and spacious 2 storey, 4 bedroom home nestled upon a premium size corner lot (64.5 ft x 164.7 ft) on a quiet tree lined crescent within the desirable Katimavik neighbourhood of Kanata. Lovingly cared for, well maintained Sequoia model by Costain Homes features 1990 sq. ft. Upgraded Brazilian hardwood floors in the sun filled living room, spacious dining room and main floor family room with floor to ceiling brick fireplace and patio doors that lead to the deck and private backyard. Kitchen features an abundance of oak cabinetry, cheerful dinette is open to the kitchen. The upper level has 4 large bedrooms. The primary bedroom has a 4pc ensuite and walk-in closet. The basement includes a recreation room, laundry and utility room. The oversized 2 car attached garage offers ample room for 2 cars and storage. Located within walking distance of all amenities. 72hrs irrevocable on all offers as per form 244. (id:35885)

4 Bedroom 3 Bathroom
For sale
$619,000
558 ABERFOYLE CIRCLE, kanata, Ontario

558 Aberfoyle Circle

Kanata, Ontario

Experience comfort and relaxation in this Ashcroft townhome, ideally located in the heart of Kanata's Technology Park with convenient access to the Richcraft Recreation Complex! The open-concept kitchen seamlessly flows into the living & dining areas, creating an ideal space for effortless entertaining & cozy family gatherings. Enjoy unparalleled privacy and tranquility with no rear neighbors, just a serene grass playing field. Ascend the curved stairway to discover a spacious second-floor family room, featuring cathedral ceilings, a charming bay window, & a cozy gas fireplace—the perfect spot to unwind after a long day or create cherished memories with loved ones. The thoughtfully designed second floor includes a washer/dryer closet & three comfortable bedrooms, including a master four-piece ensuite and walk-in closet. Convenience is key, with shopping, recreation, and schools all within easy reach, making this property an ideal choice for families and professionals alike. (id:35885)

3 Bedroom 3 Bathroom
For sale
$739,900
506 TRIANGLE STREET, kanata, Ontario

506 Triangle Street

Kanata, Ontario

This stunning & contemporary styled END UNIT townhome offers elegance,style,sophistication and a superb location! Modern interior floor plan features a gorgeous designer style kitchen w/loads of cabinetry incl.built in glass cabinet,convenient coffee station nook,huge center island,Quartz countertops PLUS attractive black stainless appliances!! Sun filled eating area has patio doors providing access to a large backyard w/NEW low maintenance PVC fencing!! The extremely bright living room is highlighted by soaring 15' ceilings & massive glass windows!! Separate dining room is great for entertaining,wide strip hardwood floors and modern tile on main level. Extra wide staircase leads to upper level complete w/Primary bedrm w/large WIC and luxurious ensuite w/huge soaker tub & separate glass shower stall,2 spacious kids bedrms,main bathrm w/Quartz countertops,walk in laundryrm & linen closet! Finished L/L w/recrm,bath rough in and tons of storage. Near schools,parks,bus routes.A must see! (id:35885)

3 Bedroom 3 Bathroom
For sale
$895,000
36 DARTMOOR DRIVE, kanata, Ontario

36 Dartmoor Drive

Kanata, Ontario

Great opportunity to raise your family in an enclave of Bridlewood that has easy access to commute routes and amenities. Spacious foyer with hardwood and view of the hardwood staircase greets you. Large principal rooms all w hdwd: living rm, dining rm and main flr family rm w wood fpl. Sunny kitchen w eating area and access to backyard deck. No maintenance decking and fencing throughout backyd + lovely landscaping. Spacious primary bed w 4 piece ensuite w stone counters & great layout. Lg walk-in with built-ins. 3 secondary beds are great sizes w hdwd flooring. Main bath w updated tile & stone counters. The finished lower level offers a spacious family rm with Berber carpeting & pot lighting + a legal 5th bed with walk-in closet and 3 piece ensuite! Great storage area remains. Lovely curb appeal, proximity to trails, bike to DND, mins from Park & Ride, shopping, great schools, restaurants and more. Roof June 2022, AC 2015, Furnace 2015 & updated vinyl windows. (id:35885)

4 Bedroom 4 Bathroom
For sale Open House
$629,955
424 MEADOWBREEZE DRIVE, kanata, Ontario

424 Meadowbreeze Drive

Kanata, Ontario

This Glenview home WITH A WALK-OUT BASEMENT & UPSTAIRS LOFT DEN features impeccable craftsmanship, highlighted by its 9 ft ceilings on the main level and a captivating spiral staircase leading to the second floor. The kitchen is equipped with stainless steel appliances, elegant countertops with a convenient counter overhang and undermount double basin sinks, a sleek goose-neck pull-down faucet, stylish shaker-style cabinets, and a modern subway tiled backsplash. The kitchen seamlessly flows into the open concept main living and dining area, creating a harmonious atmosphere. The spacious master retreat, located at the rear of the house, offers a tranquil escape. Find two additional generously sized bedrooms upstairs. Additionally, there is a bonus loft den on the upper level and a fully finished basement family room with a walk-out access. The home is recently painted, professionally cleaned, well maintained, and ready for immediate occupancy. ***OPEN HOUSE SUNDAY JUNE 30TH 2-4P.M*** (id:35885)

3 Bedroom 3 Bathroom
For sale
$899,900
340 MONTICELLO AVENUE, kanata, Ontario

340 Monticello Avenue

Kanata, Ontario

It's here! A stunning, newly built Claridge Murray model home backs onto the future park space for the neighborhood. This bright home features hardwood floors, an open-concept kitchen with quartz countertops, and stainless steel appliances. Enjoy the luxuriously open living areas with 9ft ceilings and large windows. The second floor offers convenience and comfort with a full laundry room and four spacious bedrooms, including a primary suite with a fantastic ensuite and a large walk-in closet. The fully finished basement boasts a large family room and full bathroom, which are perfect for movie nights, working out, playing, or all three. Located in the family-oriented Bridlewood Trails neighborhood, with a walk score of 88, this home is close to amenities like Walmart, Metro, gyms, restaurants, schools, parks, and trails, with easy access to Eagleson and Terry Fox and all highway routes. Don’t miss out on making this your new home! (id:35885)

4 Bedroom 4 Bathroom
For sale
$595,000
137 GLAMORGAN DRIVE, kanata, Ontario

137 Glamorgan Drive

Kanata, Ontario

Beautiful updated semi detached bungalow with Two Legal Units in the heart of Kanata!! Ideal investment, or Owner occupy one with extra income from the secondary unit . Upstairs consists of a 2 bedrooms one bath, bright and spacious, granite counters, gas stove, side entrance as well to back yard access, AC, renting for $1695 m/m. Lower unit is a Bright modern open concept one bedroom with one bath, very large windows, AC, renting for $1400 m/m. Common laundry and storage room. Ample parking. Both units have excellent tenants that would like to stay, and are currently on a month-to-month. Great location, Great property, Great value, Truly a rare find ! (id:35885)

3 Bedroom 2 Bathroom
For sale
$769,888
33 HALKIRK AVENUE, kanata, Ontario

33 Halkirk Avenue

Kanata, Ontario

Location, lot & bones! Itching for that home reno project, but don’t want to take on a full handyman special? This 3 bed, 2.5 bath, large corner lot boasting high ceilings, has been freshly primed & painted white, a blank canvas awaiting your personal touch for some cosmetic updating to make it home. Your foyer has inside entry to a spacious double car garage. Main level offers a living & dining room, kitchen (as is) with eating area & a family room with vaulted ceilings. Along with 2 secondary bedrooms & a main bath, your second floor is host to a large primary bedroom with a 4-piece ensuite & walk-in closet. The basement is partly finished - already framed & drywalled, ready for your final touches. An extra room provides flexibility for a hobby room or home office. Large fenced yard offers privacy with mature trees. Walking distance to Walter-Baker, Sobeys & many other amenities. Pre-listing inspection report on file. All appliances are « as is ». 48 hours irrevocable on all offers. (id:35885)

3 Bedroom 3 Bathroom
For sale Open House
$1,049,000
163 YOHO DRIVE, kanata, Ontario

163 Yoho Drive

Kanata, Ontario

Open House Sunday 1-3pm. Stunning Holitzner home situated on a prime corner lot in highly sought-after Bridlewood. Fantastic curb appeal with impeccably maintained grounds that set the tone for what lies within. Entering this 3,400+ sqft home, you are greeted by a dramatic vaulted ceiling in the great room and a convenient front office with large windows flooding the space with natural light. Open concept kitchen/family room is heart of home with natural gas fp and gleaming hwd floors. Kitchen offers ample cabinetry and a cozy built-in eat-in area. Sunroom overlooks backyard oasis - this beautiful landscaped garden and serene pond create a peaceful retreat right at home! Elegant dining room with travertine flooring for those dinner parties. 2nd floor loft could be converted to bedroom. Bright primary bedroom has 2 walk-in closets and lavish 5-pc ensuite. Other bedrooms also generously sized and bright. Lower level offers a flex room for your individual needs, and plenty of storage! (id:35885)

4 Bedroom 3 Bathroom
For sale
$859,900
37 YOUNG ROAD, kanata, Ontario

37 Young Road

Kanata, Ontario

Welcome to 37 Young Road in the heart of Kanata. This beautiful bungalow sits on a rare large lot that is hard to find today (99.89' x 150'). This classic home boasts 3 bedrooms, 2 bathrooms (main and lower level), large living room with a dining room off the kitchen. Patio doors lead to a deck and a gorgeous backyard with western views and sunsets. The lower level consists of a family room with a gas fireplace, another large recreation/games room, and a full bathroom. Laundry and lots of storage space are also on the lower level. The property is abundant with gorgeous perennial gardens. Convenient rear door access to the lower or upper level of the home. Lot meets criteria to sever as per the City of Ottawa. (Buyer to do own due diligence). (id:35885)

3 Bedroom 2 Bathroom
For sale
$599,000
970 KLONDIKE ROAD, kanata, Ontario

970 Klondike Road

Kanata, Ontario

Now offering up to $5,000 Flooring Replacement Incentive Welcome to Morgans Grant South March in Kanata South! This delightful 3-bedroom, 3-bathroom residence offers all the essential amenities for your family's enjoyment. Enjoy the inviting brick entrance, cozy living spaces, and spacious backyard with patio access. Discover 3 spacious bedrooms, a well-appointed 3-piece guest bath, a linen closet, and a primary bedroom featuring a walk in closet and ensuite bathroom. The extra space provided by the finished basement means ample space for everyone. Ideally situated close to schools and recreational facilities, this home seamlessly combines comfort and convenience. Don't miss out – schedule your showing today and envision the possibilities of calling this delightful property your new home! (id:35885)

3 Bedroom 3 Bathroom
For sale
$329,000
116 TANGUAY COURT, kanata, Ontario

116 Tanguay Court

Kanata, Ontario

Why pay rent?! Beautiful and upgraded upper unit with great living and dining room, In-unit laundry, lots of storage area, large main bedroom and much more! This great building located in the heart of Kanata and within walking distance to all amenities! Condo fees covers your outdoor pool, water/ sewer, main structure and maintenance and building insurance! See it A.S.A.P! (id:35885)

2 Bedroom 2 Bathroom
For sale
$713,900
68 OSLER STREET, kanata, Ontario

68 Osler Street

Kanata, Ontario

Brookline is the perfect pairing of peace of mind and progress. Offering a wealth of green space, parks and pathways in a new, modern community neighbouring one of Canada’s most progressive economic epicentres. Welcome to The Tahoe townhome which was designed to give growing families the space they need. Exclusively an end unit, this 4-bedroom, 2.5 bathroom townhouse features additional windows to allow for more natural sunlight, an open-concept main floor and finished basement. This home is located on a premium lot facing a finished community park. Immediate occupancy! (id:35885)

4 Bedroom 3 Bathroom
For sale
$625,000
218 HUNTERBROOK STREET N, kanata, Ontario

218 Hunterbrook Street N

Kanata, Ontario

A very well-maintained Manhattan home is ready for a new family! An ample foyer offers inside access to the garage with a convenient Powder Room. Bright living room with hardwood floors opens to the dining area with massive windows and a stylish eat-in kitchen with plenty of cupboards & Counter with sliding patio doors to your Fenced backyard perfect for summer gatherings. A stunning winding staircase takes you to a Second floor which offers 3 generously sized bedrooms including a huge primary bedroom with a 4pc En-suite & a walk-in closet & additional full bath—a finished lower level with a huge family room with a cozy gas fireplace, a large window, laundry & plenty of storage. Great location in Morgan's Grant minutes away from Kanata Business Park, DNG campus, parks, shopping, schools, transportation & much more. (id:35885)

3 Bedroom 3 Bathroom
For sale
$415,000
23 MCDERMOT COURT, kanata, Ontario

23 Mcdermot Court

Kanata, Ontario

The property is great for living and investment for rental house. The location is in the suburbs Kanata near shopping mall, public school, recreation, public transit, and parks. The property is on the end unit, spacious and filled with natural light with 2bedrooms, two 3-piece bathrooms. Another opportunity for office and gym spaces in the full finished basement. The space has many possibilities to fulfill your desires. New laminate flooring and carpet were installed in 2021 on the entire main level and 2nd floor/stairs in 2022. Enjoy some privacy with no rear neighbors and a completely fenced backyard. (id:35885)

2 Bedroom 2 Bathroom
For sale
$769,900
7 HEATHCLIFFE COURT, kanata, Ontario

7 Heathcliffe Court

Kanata, Ontario

LEGAL DUPLEX located on a quiet cul-de-sac. Live up and rent down, or invest in one of Ottawa's most family-friendly communities. Upstairs you will find a charming 3 bed/1 bath home with a newly renovated kitchen, tile backsplash, new appliances, and tons of counter space. New flooring and updated windows throughout. This unit comes with tandem parking for 3 vehicles. The lower unit was legally suited and fully renovated in 2022 offering 2 beds/1bath and a separate parking space. Both units are separately metered with a/c heat pumps. Whether you plan to live in this property or purchase as an investment, you or your tenants will enjoy convenient access to the 417 and public transit with an OC Transpo bus stop right around the corner with routes going downtown. Spend time in your own large backyard, or explore one of the 40+ parks Kanata has to offer. Walking distance to two elementary schools & community centre offering camps, programming, drop-in activities, sports & more. 24hrs irrv. (id:35885)

5 Bedroom 2 Bathroom
For sale
$459,900
60 EDENVALE CRESCENT, kanata, Ontario

60 Edenvale Crescent

Kanata, Ontario

Welcome to 60 Edenvale in Kanata! This two bedroom stacked unit terrace home is perfect for first time buyers, investors or downsizers. Located just steps away from the bustling Kanata Centrum and a short drive onto the highway, convenience is at your doorstep. As you enter, you will be greeted by a spacious living room with additional windows that flood the space with natural light. The open concept layout seamlessly flows into the dining area and kitchen, making it convenient for entertaining guests. The kitchen boasts modern appliances, ample counter space and storage. Retreat to your own balcony where you can enjoy a morning coffee. Take advantage of the garage and private laneway parking - no more searching for street parking! But that's not all - this home also offers easy access to parks, schools, shops and restaurants. You'll never run out of things to do! Don't miss out on this opportunity to call this charming terrace home yours. Schedule a viewing today! (id:35885)

2 Bedroom 2 Bathroom
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Residential in Ottawa Real Estate shows -15% Down from last year Average price – Ottawa Homes for Sale – Kanata homes for sale – Barrhaven homes for sale

Residential in Ottawa Real Estate shows -15% Down from last year Average price – However, it marks a 5% increase over January 2023.

Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!

OREB NEWS

March 3, 2023

Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ago, and 222 in the condominium-property category, a decrease of 31% from February 2022. The five-year average for total unit sales in February is 1,157.

“We’re going to see declines in transactions and prices when we compare current figures to last February — the height of the pandemic resale market activity,” says Ottawa Real Estate Board’s President Ken Dekker. “On the other hand, with the Bank of Canada holding interest rates steady, prospective buyers have more budget certainty to work with as we head into the spring market.”

By the Numbers – Average Prices*:

  • The average sale price for a freehold-class property in February was $708,968, a decrease of 15% from 2022. However, it marks a 5% increase over January 2023.
  • The average sale price for a condominium-class property was $410,927, decreasing 12% from a year ago.
  • With year-to-date average sale prices at $695,086 for freeholds and $411,449 for condos, these values represent a 14% decrease over 2022 for freehold-class properties and a 10% decrease for condominium-class properties.

“The average price increase for freeholds over January could be an indicator that buyers have normalized to the current interest rates. And perhaps, it’s a glimmer of more activity to come in the months ahead.”

By the Numbers – Inventory & New Listings:

  • Months of Inventory for the freehold-class properties has increased to 2.8 months from 0.7 months in February 2022.
  • Months of Inventory for condominium-class properties has increased to 2.5 months from 0.7 months in February 2022.
  • February’s new listings (1,366) were 22% lower than February 2022 (1,762) and up 3% from January 2023 (1,323). The 5-year average for new listings in February is 1,632.
  • Days on market (DOM) for freeholds decreased from 43 to 37 days and 47 to 43 days for condos compared to last month.

“A decrease in the days on market, paired with fewer new listings entering the market, is good news for sellers,” says Dekker. “However, if that trend continues to impact our supply stock and we don’t get more inventory, our otherwise balanced market could swing back into seller’s territory — but it’s too early to predict.”

“The best advice for sellers and buyers in today’s market is to pay close attention to the comparison and competition insights only a REALTOR® can offer. Ottawa is made up of many micro-markets, and neighbourhood-level data is vital to standing out and closing deals.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 995 properties compared to 800 last year at this time, an increase of 24%.

 

 

Details:

Average Sale Price February 2023= from $708,172 down to $620,088 (-12.4% down)

Quantity of sales: 2471 down to 1513 in Feb 2023 (-38% down)

CDOM= Re-listed : Days on Market from 27 to 69 days ( more days on market:  +42 days)

DOM= Days on Market – from 19 days TO 44 days longer in 2023 ( more days on market:  +25 days)

 

 

 

 

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Ottawa Real Estate Market news Feb 2023 – Kanata Real Estate Market news Feb 2023 – Join our newsletter

February 2023 – Resale Market Starts Slow as Buyers Remain Cautious

February 2, 2023

Members of the Ottawa Real Estate Board (OREB) sold 606 residential properties in January through the Board’s Multiple Listing Service® (MLS®) System, compared with 933 in January 2022, a decrease of 35%. January’s sales included 460 in the freehold-property class, down 30% from a year ago, and 146 in the condominium-property category, a decrease of 47% from January 2022. The five-year average for total unit sales in January is 819.

“January’s marked slow down in unit sales over 2022 indicates potential home buyers are taking their time,” says OREB President Ken Dekker. “While last month saw the culmination of the succession of interest rate hikes announced by the Bank of Canada, affordability remains a factor. They may be waiting for a shift in listing prices. They’re being cautious in uncertain conditions.”

By the Numbers – Average Prices*:

  • The average sale price for a condominium-class property in January was $412,244, a decrease of 8% from 2022.
  • The average sale price for a freehold-class property was $676,272, decreasing 12% from a year ago.

“Despite the decrease in average prices, the market should not be considered on a downward slide,” says Dekker. “A hyper COVID-19 seller’s market is now leveling out to our current balanced market state.”

“On a positive note, in comparison to December’s figures, January’s average price of freehold properties increased by 3%. The average price of condos did fall by 5% compared to December but condo pricing tends to fluctuate more due to the small data set.”

By the Numbers – Inventory & New Listings:

  • Months of Inventory for the freehold-class properties has increased to 3.8 months from 0.9 months in January 2022.
  • Months of Inventory for condominium-class properties has increased to 3.8 months from 0.8 months in January 2022.
  • January’s new listings (1,324) were 16% higher than 2022 (1,142) and up 89% from December 2022 (699). The 5-year average for new listings in January is 1,233.

“Ottawa’s inventory and days on market figures are typical for a balanced market and another sign that buyers are no longer racing to put in an offer,” says Dekker. “The increase in new listings and supply is a boon for home buyers, who now have more selection and the ability to put in conditions at a less frantic pace. REALTORS® are an essential resource in finding the right property for the right buyer. On the other side of the transaction, REALTORS® can help sellers with hyper-local insights about how to sell in their neighbourhood at a time when pricing is key.”

More people are turning to REALTORS® for help renting properties — 509 this month compared to 410 in January 2022, an increase of 24%. “Even with the increase in housing stock, the tighter rental market is another indication that affordability is keeping some potential buyers on the sidelines.”

* 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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September 2022 -OTTAWA REAL ESTATE NEWS – Buyer Uncertainty Slows Down August Resales in Ottawa – Ottawa homes for Sale

HOMES-FOR-SALE-OTTAWA – KANATA-HOMES-KANATA-OTTAWA HOMES FOR SALE – OTTAWA HOME PRICES SEPTEMBER 2022- OTTAWA CONDOS FOR SALE SEPTEMBER  2022 – LATEST OTTAWA REAL ESTATE NEWS.


Buyer Uncertainty Slows Down August Resale numbers. 

But Prices are still up in Residential homes 10.2% and Condominium 8.8% from last year August .

 

 

September 6, 2022, Update from the Ottawa Real Estate Board.

September 6, 2022

Members of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a decrease of 28 per cent from August 2021. The five-year average for total unit sales in August is 1,603.

“August is a traditionally slower month in Ottawa’s resale market ebb and flow cycle due to summer vacations. Compounding the slowdown in market activity, Buyers are uncertain about their purchasing power given impending additional interest rate hikes,” states Ottawa Real Estate Board President Penny Torontow.

“The lightning speed at which homes were selling at the start of 2022 is a thing of the past, evidenced by Days on Market (DOMs) inching closer to that 30-day mark. We have also observed a return to standard financing and inspection conditions and fewer multiple offer scenarios,” she adds.

Additional figures:

  • The average sale price for a condominium-class property in August was $421,966, an increase of 4 per cent from 2021.
  • The average sale price for a residential-class property was $707,712, increasing 5 per cent from a year ago.
  • With year-to-date average sale prices at $795,978 for residential and $457,771 for condominiums, these values represent a 10 per cent and 9 percent increase over 2021, respectively.*
  • 2,093 properties were listed in August, boosting inventory to nearly 3 months for residential class properties and 2.2 months for condominiums.

“Prices are still rising slightly in some areas, albeit lower single-digit percentage increases, bringing back the moderate price-growth stability that is characteristic of the Ottawa resale market. What happened to prices in 2020 and 2021 was unusual. We are moving towards a balanced market state, where Buyers have choices and Sellers need to ensure they are pricing their properties accurately,” Torontow advises.

“The informed market knowledge and insight of a licensed REALTOR® is critical to both Buyers and Sellers navigating market shifts. Sellers will want to closely explore with their REALTOR® the best time and price to list their home to optimize a property’s days on market. Buyers can use the extra time to work with their REALTOR® on due diligence and finding a dream home that meets their needs within their financial parameters.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 4,172 properties compared to 3,182 last year at this time.

* 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.

source OREB.

 

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Feb 2022 -OTTAWA REAL ESTATE NEWS – Frigid January Temperatures didn’t Cool Resale Market – Ottawa homes for Sale

HOMES-FOR-SALE-OTTAWA – KANATA-HOMES-KANATA-OTTAWA HOMES FOR SALE – OTTAWA HOME PRICES FEBRUARY 2022- OTTAWA CONDOS FOR SALE FEBRUARY 2022 – LATEST OTTAWA REAL ESTATE NEWS.

February 2022 – OTTAWA REAL ESTATE PRICES UP +17.8%

The Members of the Ottawa Real Estate Board sold 936 residential properties in January through the Board’s Multiple Listing Service® System, compared with 963 in January 2021, a decrease of 3 per cent. January’s sales included 661 in the residential-property class, down 2 per cent from a year ago, and 275 in the condominium-property category, a decrease of 5 per cent from January 2021. The five-year average for total unit sales in January is 840.

“January’s sales, almost identical to 2021’s, were very strong for a traditionally slower month, especially given the frigid temperatures and increased government Covid-19 restrictions we experienced,” states Ottawa Real Estate Board President Penny Torontow. “This increased activity compared to previous years is not solely a pandemic phenomenon. Yes, the pandemic has accelerated market activity in some ways, but pent-up Buyer demand due to the housing supply shortage has been an ongoing fundamental issue for the Ottawa resale market for well over 5 years now – and the price increases will continue to reflect that until the housing stock grows.”

The average sale price for a condominium-class property in January was $447,943, an increase of 18 per cent from 2021, while the average sale price for a residential-class property was $771,739, increasing 14 per cent from a year ago.*

“Average prices continue to rise steadily with the lack of inventory pushing prices to levels previously unseen. We only need to observe the number of homes now selling over $1M for a clear demonstration. In 2020, they represented 3% of residential sales, in 2021, they held 9% of the market’s resales, and now in 2022, that number reflects close to 14% of detached home sales.”

“Meanwhile, the residential-class properties selling within the $650-$900K range represent 47% of all of January’s residential unit sales. In 2021, it was 33%. But we must keep in mind, average prices statistics amalgamate data from the entire city, so while in some areas the increases would be less, other pockets of Ottawa may see more,” advises Torontow.

“The condo market is also flourishing both in number of sales and prices. Possibly due to the fact that residential units may be out of reach for some Buyers, they are finding themselves more open to this option and are actually able to find a condominium-class property within their budget.”

“Bad weather, pandemic lockdowns, it doesn’t matter – Ottawa remains a fast-moving, active, and robust market. So, if you are thinking of selling your property, there has never been a better time. Contact a REALTOR® who can explain the various factors that will help you get the best price for your home today.” In addition to residential sales, OREB Members assisted clients with renting 410 properties in January 2022 compared to 333 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.

source OREB.

HOMES-FOR-SALE-OTTAWA – KANATA-HOMES-KANATA-OTTAWA HOMES FOR SALE – OTTAWA HOME PRICES FEBRUARY 2022- OTTAWA CONDOS FOR SALE 2022 – LATEST OTTAWA REAL ESTATE NEWS.

 

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OTTAWA AVERAGE  PRICES FROM JAN 2012 TO  FEB 2022

 

 

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AVERAGE PRICE CHANGES BY MONTH

 

 

 

HOMES-FOR-SALE-OTTAWA – KANATA-HOMES-KANATA-OTTAWA HOMES FOR SALE – OTTAWA HOME PRICES FEBRUARY 2022- OTTAWA CONDOS FOR SALE FEBRUARY 2022 – LATEST OTTAWA REAL ESTATE NEWS.

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Jan 2022 – OTTAWA REAL ESTATE NEWS – Resale Market Normalizes and Breaks Records- HOMES FOR SALE IN OTTAWA

Ottaw Real Estate News Jan 2022

Ottawa Homes For Sale – Ottawa Real Estate News monthly – Ottawa Condos For Sale – Ottawa Home prices – Ottawa Real Estate Market prices – Ottawa Home Listings – Ottawa Condo Listings

Ottaw Real Estate News Jan 2022

Keeping You Informed about the Market regarding Values.

Professional Guidance each step of your transaction

OTTAWA, January 6, 2022 – Members of the Ottawa Real Estate Board sold 862 residential properties in December through the Board’s Multiple Listing Service® System, compared with 997 in December 2020, a decrease of 14 per cent. December’s sales included 601 in the residential-property class, down 15 per cent from a year ago, and 261 in the condominium-property category, a decrease of 10 per cent from December 2020. The five-year average for total unit sales in December is 809. “December’s resale market performed as it typically does with a marked decrease in sales from November as families turned their attention towards the holiday break. Although slightly above the five-year average, the number of properties exchanging hands was lower than the year before due to the atypical market we experienced in 2020 when peak market activity shifted to later in the year because of the initial spring pandemic lockdown,” states Debra Wright Ottawa Real Estate Board’s 2021 President. “However, while the market normalized in the latter part of the year, looking at the year-end figures, 2021 was still a record-breaking year,” she adds.

Ottawa Homes For Sale – Ottawa Real Estate News monthly – Ottawa Condos For Sale – Ottawa Home prices – Ottawa Real Estate Market prices – Ottawa Home Listings – Ottawa Condo Listings

 

The total number of residential and condo units sold throughout 2021 was 20,302, compared with 18,953 in 2020, increasing 7 per cent. Meanwhile, total sales volume in 2021 was approximately $13.1B compared to $10B in 2020.

“This significant increase in sales volume reflects the price acceleration that we have seen over the last year and correlates with average sale price increases for the city,” Wright elaborates.

“As we have reiterated for the past few years, Ottawa’s housing inventory challenges have been and will continue to place an upward pressure on prices. Reviewing the year-end figures for 2021, the average sale price year to date was $719,605 for residential-class properties and $419,683 for condominium units. These values represent a 24 per cent and 16 percent increase over 2020, respectively.”

The average sale price for a condominium- class property in December was $399,125, supply for a balanced market to be achieved,” cautions Wright.

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When asked for a forecast, Ottawa Real Estate Board’s new 2022 President Penny Torontow suggests, “January through March are usually slower months. With the macro factors that are currently at play in the resale market, it is difficult to predict what the effects will be going forward. We are entering yet another pandemic wave, Buyers are fatigued, parents are focusing on remote learning, interest rate hikes are looming – I don’t expect we will see the first quarter increases as we did in 2021.”

“We are unlikely to see the true outcome of these macro factors until the spring. Presumably, we will see more of the same with the market performing as well as it can with the current housing stock. Unfortunately for homebuyers, it will sustain itself as a Seller’s market for quite some time until our inventory issues are remedied. Whether you are buying or selling a home right now, the experience and knowledge of a REALTOR® is essential in this current challenging market,” Torontow concludes.

Ottawa Homes For Sale – Ottawa Real Estate News monthly – Ottawa Condos For Sale – Ottawa Home prices – Ottawa Real Estate Market prices – Ottawa Home Listings – Ottawa Condo Listings


OREB Members also assisted clients with renting 4,813 properties since the beginning of the year compared to 3,364 in 2020.* The Board 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 and conditions will vary from neighbourhood to neighbourhood. An increase of 12 per cent from 2020, and the average sale price for a residential-class property was $709,980, increasing 18 per cent from a year ago.*

“Six hundred new listings entered the housing stock in December, which represents a 58% decrease from November and down 15% from the 5-year average. At less than one month’s supply of units in both the residential and condominium property classes, we are firmly entrenched in a strong Seller’s market and will continue to be in this state until our inventory increases to a 3-4 month’s

Ottawa Homes For Sale – Ottawa Real Estate News monthly – Ottawa Condos For Sale – Ottawa Home prices – Ottawa Real Estate Market prices – Ottawa Home Listings – Ottawa Condo Listings –

Ottaw Real Estate News Jan 2022

Supply shows low.

Source: The Ottawa Real Estate Board

 


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Ottaw Real Estate News Jan 2022

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OTTAWA Homes for Sale – 5TH AUG, 2021 – FULL REPORT ON THE OTTAWA REAL ESTATE MARKET – OTTAWA REAL ESTATE NEWS AUG 5TH 2021

 

 

The Market- knowing when to sell.

The Canadian  Real Estate Market – Prices are still up.

 

OTTAWA, August 5, 2021 – Members of the Ottawa Real Estate Board sold 1,724 residential properties in July through the Board’s Multiple Listing Service® System, compared with 2,183 in July 2020, a decrease of 21 per cent. July’s sales included 1,312 in the residential-property class, down 20 per cent from a year ago, and 412 in the condominium-property category, a decrease of 24 per cent from July 2020. The five-year average for total unit sales in July is 1,775. “July’s unit sales followed the traditional cycle of the spring and summer markets, which tend to peak around April or May and then slow down as Buyers and Sellers turn their attention to their vacations and other outdoor recreational activities,” states Ottawa Real Estate Board President Debra Wright. “This year’s figure is closer to 2019’s (1,838 sales) and just shy of the 5-year average, with the slight decline in transactions perhaps due to the combination of summer and the reopening of the economy last month. Certainly, the marked decrease from last year’s July sales is due to the spring 2020 lockdown, which had shifted the 2020 resale market’s peak to the summer and fall months,” she adds. July’s average sale price for a condominiumclass property was $419,545, an increase of 17 per cent from last year, while the average sale price for a residentialclass property was $685,426, also an increase of 17 per cent from a year ago. With year-to-date average sale prices at $728,107 for residential and $422,339 for condominiums, these values represent a 30 per cent and 20 percent increase over 2020, respectively.* “Following the same trend as sales, the month-to-month average prices decreased marginally by 4-6% compared to June; however, this minor dip is consistent to what typically happens during the summer months. Overall, average prices have increased considerably from 2020, and year-to-date values are holding steady. Still, Sellers will need to keep in mind that the multiple offer frenzy experienced previously is no longer the norm, and they may need to have more realistic expectations when positioning their homes and settling on a listing price with their REALTORS®.” “We are seeing the housing stock increasing with residential inventory up 19% and condominium supply 23% higher than 2020. Although there were 700 fewer listings than in June, the number of properties that entered the market in July is over the fiveyear average by approximately 114 units. Along with the price stabilizations, we hope this may indicate that Ottawa’s resale market is moving towards a more balanced state, which would be good for everyone,” suggests Wright. “Established in 1921, on July 9th, the Ottawa Real Estate Board commemorated 100 years of helping our neighbours, friends, and fellow residents buy and sell their homes, cottages and investment properties. Over the past century, our Board has advocated for affordable and attainable homes, as well as a range of housing options for seniors, first-time homebuyers and everyone in between. We pledge to continue this endeavour for our future clients in the years to come. On behalf of the Ottawa Real Estate Board and our 3,500 REALTOR® Members, I would like to extend my heartfelt gratitude to all of you who have put your trust in us to help you make your real estate dreams come true. We hope to continue to serve our communities for the next 100 years and beyond.” OREB Members also assisted clients with renting 2,706 properties since the beginning of the year compared to 1,883 at this time last year. * 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 neighborhoods’.

 

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