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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.

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“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.

 

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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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WOODROFFE PROPERTY FOR SALE – Detached homes on WOODROFFE AVE OTTAWA

1155 WOODROFFE AVE OTTAWA FOR SALE

 

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For sale
$779,900
53 SUMMITVIEW DRIVE, ottawa, Ontario

53 Summitview Drive

Ottawa, Ontario

Come see this charming 3 bed, 3 bath + loft detached home that features a modern sophisticated open concept with great finishes. The moment you step into this lovely home you sense the attention & care. Welcoming front foyer opens up to the dining room, a cozy living room w a gas fireplace dressed w solid hardwood flooring & contemporary kitchen with SS appliances including a gas stove, granite countertops, breakfast bar and walk-in pantry. 2nd floor features a large loft perfect for home office or a family room. Anchored by a superb master retreat feature his & her walk-in closets & an ensuite which is sure to please the most discerning taste. Two additional spacious bedrooms and a second 4 piece bathroom. The lower level offers a finished basement. Patio doors leading off to backyard is fenced and perfect for family barbecues. Simply a superb home set on perfect family street, located just steps from Park, trails & quality schools! Quiet yet well serviced, this home has it all! (id:35885)

3 Bedroom 3 Bathroom
For sale
$654,900
512 HYSSOP STREET, ottawa, Ontario

512 Hyssop Street

Ottawa, Ontario

Welcome to 512 Hyssop! Stunning 4 beds, 2.5 Baths MINTO end-unit townhouse in Avalon West. Is an exceptionally modern design and features a stylishkitchen w/plenty of upgrades, granite countertop throughout, cabinetry and stainless steel appliances, bright, sun-filled eating area has direct access to therear yard. Beautifully gleaming hardwood floors and 9' ceilings on the main level. Carpets and floors prof. CLEANED (April 2023) Upper floor presents youw/a large primary bedroom with walk-in closet and a 3 piece en-suite, 2 additional good size bedrooms, 1 with walk-in closet, and upper-level laundry foryour convenience. The lower level offers a fully finished rec room, great space for family game night with additional room for a HOME OFFICE or kids playarea. Situated in an EXCELLENT! location, very family-friendly, bus routes, parks, schools, and shopping centers!! Still covered under TARRION WARRANTY!!Don't miss it! 24 hr irrevocable. (id:35885)

4 Bedroom 3 Bathroom
For sale
$269,900
665 BATHGATE DRIVE UNIT#1506, ottawa, Ontario

665 Bathgate Drive Unit#1506

Ottawa, Ontario

Welcome to Las Brisas! Enjoy fantastic views from this bright, 15th storey apartment. Great functional layout that is ready for your personal touches. Two generously sized bedrooms, including a large primary with plenty of closet space. The building offers many amenities, including an indoor pool, tennis courts, a library, an exercise room, and more. Excellent location close to the Montfort hospital, easy highway access, and lots of shops and restaurants nearby! Underground parking included for convenient condo living. (id:35885)

2 Bedroom 1 Bathroom
For sale Open House
$539,900
129 EYE BRIGHT CRESCENT, ottawa, Ontario

129 Eye Bright Crescent

Ottawa, Ontario

Open House: Sunday, 7 July, from 2:00 pm to 4:00 pm. Newly renovated exterior - done by the builder! Step into luxury with this stunning upper condo with approx. 1835 sq. feet and southwest-facing balcony, where every sunset becomes a personal masterpiece. The open-concept main level features hardwood floors, soaring cathedral ceilings, and expansive windows inviting the sunshine in. Delight in culinary adventures with upgraded stainless steel appliances, a chic waterfall island seating for up to 5, elegant quartz countertops. A guest bedroom with a walk-in closet and convenient cheater bathroom offer comfort and privacy. Up to the third level, a bright loft awaits, ideal for crafting your dream office, workout space, or media haven. The primary bedroom suite features cathedral ceilings, a sprawling walk-in closet, and an ensuite oasis complete with a luxurious soaker tub and shower. The 2nd level balcony, off the PR, features unobstructed views. Near the forthcoming LRT hub! (id:35885)

2 Bedroom 2 Bathroom
For sale
$468,000
242 RIDEAU STREET UNIT#709, ottawa, Ontario

242 Rideau Street Unit#709

Ottawa, Ontario

Welcome to this spacious Corner unit 2 bedroom Downtown Ottawa condo(740 sq ft) . just a short walk to Rideau Center, Parliament Hill, University of Ottawa,the Byward Market and the Transitway. Gorgeous kitchen with stainless steel appliances and breakfast bar are adjacent to the open concept living room. Retreat to your private sanctuary & unwind on a large balcony.Convenient in-suite laundry Amenities . Master bedroom offers closets and big window. 2nd bedroom with 3 windows offers versatility--can be used as home office, guest room, or cozy reading nook. The underground parking & storage unit is conveniently situated across from the elevator door, ensuring easy access to your vehicle.Enjoy the gym,swimming pool & the amazing 24-hour concierge service. Condo fees include Heat & AC. Perfect for young professionals, students or savvy investors. Quick closing possible. (id:35885)

2 Bedroom 1 Bathroom
For rent
$2,700 Monthly
197 LISGAR STREET UNIT#212, ottawa, Ontario

197 Lisgar Street Unit#212

Ottawa, Ontario

Discover urban living at its best in this 2-storey loft in Tribeca Lofts. Just one block from Elgin Street and two blocks from Bank Street, you'll be close to downtown's best shops and restaurants, with Farmboy, Rexall, and the Wine Shop just steps away. This south-facing apartment is bright and airy, thanks to floor-to-ceiling windows with automated blinds, and features a private balcony with a natural gas hookup for BBQs. The main level includes a spacious entrance, powder room, utility room, storage, laundry, living area, and a beautifully finished kitchen. Upstairs, the loft offers a large bedroom area with room for a desk, a walk-in closet, and a four-piece bathroom. Amenities include a party room, indoor pool, gym, sauna, and rooftop patio. The unit also comes with one underground parking space and three storage lockers. Furniture can be negotiated, 24-hour irrevocable on all offers. (id:35885)

1 Bedroom 2 Bathroom
For rent
$1,895 Monthly
161 WINDSWEPT PRIVATE, ottawa, Ontario

161 Windswept Private

Ottawa, Ontario

Welcome to 161 Windswept Private! This is an incredible opportunity to rent a bright, spacious, and meticulously maintained SOUTH-FACING unit in the highly sought-after community of Riverside South. This 2-bedroom boasts modern finishes and a very practical layout from top to bottom. As you enter, you'll be greeted by a powder room and a functional kitchen that overlooks the expansive living and dining area, perfect for entertaining. The lower level features two generously sized bedrooms, the main bathroom with a tub and stand up shower, and the laundry. It includes one outdoor parking spot located right at the front door, and there is ample visitor parking available on site. Ideally located close to transit, shopping, parks, schools, and more. All rental applications must include proof of income or a letter of employment and are subject to credit and reference checks. Please note that pets and smokers are not permitted (no exceptions). 24 hour irrevocable on all offers to lease. (id:35885)

2 Bedroom 2 Bathroom
For sale Open House
$549,000
1490 LYNX CRESCENT, ottawa, Ontario

1490 Lynx Crescent

Ottawa, Ontario

Great opportunity for homeownership or investment in a mature, sought-after neighborhood. This lovely townhome is steps from a school, park, and a convenient path. Close to transit and a shopping plaza, it offers incredible convenience. Featuring 3 bedrooms and 2 bathrooms, this home boasts an open layout filled with natural light. The open-concept kitchen flows into the living and dining areas, perfect for entertaining. The spacious master bedroom and additional bedrooms provide ample space. The lower-level family room is cozy and inviting. Enjoy the fully fenced backyard, ideal for outdoor activities. Don’t miss this chance—schedule a viewing today! (id:35885)

3 Bedroom 2 Bathroom
For sale Open House
$635,000
52 COLLINGTON STREET, ottawa, Ontario

52 Collington Street

Ottawa, Ontario

Welcome this bright 3-bedroom End-Unit Townhome in Chapman Mills! Enjoy an oversized, landscaped yard with interlock walkways and multi-level entertainment areas. The main floor features a spacious living room with maple hardwood flooring and an open-concept kitchen/family room with stainless steel appliances, an island, gas fireplace, and patio doors to huge fenced backyard. Upstairs find a luxurious master suite with a retreat area, Rideau River view, walk-in closet, and en-suite with Roman tub. Two additional bedrooms and a full bathroom complete the upper level. The unfinished basement awaits your personal touch! Includes a single-car garage with inside access and tons of parking. Close to parks, shopping, public transit, and Chapman Mills Conservation Area. Book a showing today! (id:35885)

3 Bedroom 3 Bathroom
For sale
$799,900
30 OASIS STREET, limoges, Ontario

30 Oasis Street

Limoges, Ontario

Welcome to this extraordinary property will fully legal secondary unit! Step inside to discover 9' ceilings creating a bright and welcoming atmosphere. Enjoy the massive living room with cozy gas fireplace and the covered deck offering lovely views. A chef's delight, the kitchen features side wall storage, many cabinets, and an island. Upstairs, discover spacious bedrooms, each with hardwood floors and walk-in closets, and a Jack & Jill bathroom with 2 sinks. The luxurious primary bedroom boasts a spa-like ensuite with a soaker tub, separate shower, double sinks, and a linen closet. The home also has an office space and a loft area with a gas fireplace, perfect for a living room or playroom. You will be impressed by the luminous secondary unit and its modern finishes: laminate flooring, quartz countertops and electric fireplace. Additional features include: detached garage, 2 X 50-amp RV plugs and a Generac natural gas generator. Make this your dream home! Schedule a viewing! (id:35885)

4 Bedroom 4 Bathroom
For sale
$584,900
133 GIROUX STREET, limoges, Ontario

133 Giroux Street

Limoges, Ontario

Welcome to Whistler II, an ideal bungalow with two bedrooms and two bathrooms. Enjoy the bright open-concept floor plan, an optional cozy gas fireplace in the spacious living room and a roomy kitchen. Relax in the spa-like 4-piece ensuite. The second bathroom has a convenient in-suite laundry. The lower level offers versatile space for extra rooms. Current price is for a single car garage, but double car garage is available. For a limited time, choose your cabinet, floor and bathroom styles, including 2 paint colours, from a variety of options. The new Parc Des Dunes development is just steps away from the Nation Sports Complex and Ecole St-Viateur in Limoges. Enjoy proximity to many parks, Calypso Water Park, and the Larose Forest and all its trails. The home is currently in construction, the pictures shown are of a previous and model. (id:35885)

2 Bedroom 2 Bathroom
For sale Open House
$849,900
44 STONEPOINTE AVENUE, ottawa, Ontario

44 Stonepointe Avenue

Ottawa, Ontario

Nestled in a sought-after area, this stunning Sierra model home boasts 4 bedrooms & a fully finished basement, offering an abundance of space & comfort. Step inside to discover formal living and dining rooms, perfect for hosting gatherings or relaxing with loved ones. The kitchen is a chef's dream, featuring an island, granite counters, ample cabinetry, and open to the spacious family room with a cozy gas fireplace. Upstairs, you'll find 4 sizable bedrooms, a convenient laundry room, and a luxurious primary bedroom complete with a walk-in closet and full ensuite with a relaxing soaker tub. The finished basement adds extra living space with a bonus rec room, den, gym area and storage area. Outside, the fenced backyard with an interlocking patio is ideal for outdoor entertaining. With its amazing location/proximity to parks, schools & bus routes this property offers the perfect blend of comfort & convenience. [furnace 2020, roof 2017, windows 2019] (id:35885)

4 Bedroom 3 Bathroom
For sale
$749,900
2173 QUEENSGROVE ROAD, ottawa, Ontario

2173 Queensgrove Road

Ottawa, Ontario

Tastefully renovated mid-century bungalow in tree-lined Glabar Park! With 3 beds & tons of recent upgrades, this home is perfect for busy young families & couples seeking a move-in ready home within proximity to shopping, schools, parks, bike paths, parkway/river & the 417. Southern exposure in the front & north-west exposure in the back. Beautiful perennial gardens & stone planter boxes line the front walk. Refinished oak hardwood & custom blinds throughout the main level. The renovated kitchen features a gas range, pot filler, quartz counters & a side door. 3rd bedroom with new patio doors being used as a den. The basement features a large rec room & tons of storage/potential to fully finish with another bed/bath. Private backyard with mature hedges, a huge deck, hot tub, natural gas BBQ & storage shed. Upgrades include roof, windows, furnace, AC, electrical panel, kitchen in '20, backyard, landscaping, hot tub '21/'22, bathroom '23, eavestroughs/downspouts with gutter guards '23. (id:35885)

3 Bedroom 1 Bathroom
For sale
$630,000
373 IBERVILLE STREET, ottawa, Ontario

373 Iberville Street

Ottawa, Ontario

Attention Developers , Currently ZONED R4. Create your own family memories as the owners have done over generations or take this opportunity to develope for investment. This beautiful, 1.5 storey, is only minutes to downtown Ottawa & close to all amenities, transit, schools, parks, and more. Enjoy the open concept kitchen-living area with a large island for eating and extra work space.Extra large bathroom, primary bedroom on the main, makes it easy for limited mobility & buyer looking for one level living. Laundry room is started, but remains for your personal touch. 2 nice size bedrooms upstairs for children or guest. This R4 zoning & extra side entrance to the basement, may be suitable for an In-Law suite. Detached garage for extra storage or protection for you car from the winter, is hosted by this extra large yard for summer fun. (id:35885)

For sale
$679,000
760 CASHMERE TERRACE, ottawa, Ontario

760 Cashmere Terrace

Ottawa, Ontario

Bright and Inviting END-UNIT townhome awaits your discerning taste in a popular family-friendly neighbourhood of Barrhven. This elegant and sophisticated property features an open concept layout on the first floor, 2nd-floor laundry and a finished basement. You will be impressed by the hardwood throughout the main floor. The open-concept dining room and kitchen with stainless steel appliances/quartz countertop/pantry room, and a large living room when you enter the door. A beautiful staircase leads to the second level, complete with a huge master bedroom with WIC and ensuite bathroom, 2 spacious bedrooms and a full bath and convenient laundry as well. The finished basement boasts a spacious rec room. Walking distance to shopping, transit and more. Offer with 24 hours irrevocable, please! (id:35885)

3 Bedroom 4 Bathroom
For sale
$614,900
64 ROSEANNE LANE, ottawa, Ontario

64 Roseanne Lane

Ottawa, Ontario

Tastefully UPGRADED Home, Showcasing $50K in modern enhancements that elevate its charm & functionality! Attractive HARDWOOD FLRS on 2 lvls providing an Aesthetic Appeal & Durability! Elegant Open Concept Living & Dining Rm w/Beautiful Gas Fireplace! UPGRADED KITCHEN(22) features QUARTZ countertops, stylish tile backsplash, new sink & fixtures & updated cabinetry w/contemporary hardware. Adjacent eat-in area, w/patio dr(19) to the deck & fenced yard. This flr is completed by a convenient powder room & inside entry to the garage. The primary bdrm is a sun-filled & comfortable retreat w/picturesque windows, walk-in closet, 2nd closet, & wonderful 4P ENSUITE! 2 other bdrms are generously sized, each w/ample closet space & a full main bathrm. Finished bsmt adds valuable living space w/excellent rec/family rm, laundry area & plenty of storage. Furnace(24), AC(21), Windows(19) except for 2 bsmt windows, Roof(12), Front dr(22), Grg Dr opener(21) & Freshly painted(23) thru-out! Move in ready! (id:35885)

3 Bedroom 3 Bathroom
For sale Open House
$359,900
2086 VALIN STREET, ottawa, Ontario

2086 Valin Street

Ottawa, Ontario

Welcome to this move-in-ready condo located in a prime area, just a short stroll from various amenities such as grocery stores, restaurants, and public transit. This rare carpet-free unit boasts 2 spacious bedrooms, 1 full bathroom, and an additional half bath. As you enter, you're greeted by an open-concept dining and living room area, with a conveniently located powder room and large windows that flood the space with natural light. The unit features two generously sized bedrooms connected by a Jack and Jill style 4-piece bathroom. The well-equipped kitchen includes modern appliances and plenty of counter and storage space. This unique condo also offers larger windows, digital door monitoring, has been freshly repainted, and more! Don't miss out on the opportunity to make this gem your new home! (id:35885)

2 Bedroom 2 Bathroom
For sale Open House
$529,900
7 KIPPEWA DRIVE UNIT#105, ottawa, Ontario

7 Kippewa Drive Unit#105

Ottawa, Ontario

Welcome home to this beautiful and spacious upgraded 2 bedroom, 2 bathroom condo. This lovely low rise building is perfectly situated in one of Ottawa’s prime locations. This dignified resident offers a fabulous layout and features an underground parking space and storage. New flooring throughout, new ensuite bathroom, kitchen upgraded with new countertop, appliances and pot lights, crown moulding. Enjoy the convenience of being steps to Dows Lake pavilion, The Glebe, Little Italy, Civic Hospital Campus, university and Lansdowne Park. Private balcony with foliage surrounding, creates an inviting atmosphere. This condo isn't just a place to live—it's a lifestyle. Call it yours today! 48hrs irrevocable on all offers. Open House 2-4pm Sunday July 7th 2024 (id:35885)

2 Bedroom 2 Bathroom
For rent
$2,926 Monthly
121 PARKDALE AVENUE UNIT#602, ottawa, Ontario

121 Parkdale Avenue Unit#602

Ottawa, Ontario

Lease assignment. Occupancy is available as of August 1st 2024, term ends October 31st 2024 [then becomes month to month or sign a new lease term w/ Brigil]. Tenant pays hydro. 1 locker & 1 underground parking space included | Fantastic 2 bedroom, 2 bathroom unit with spectacular views of the Ottawa River & Gatineau hills. Walking distance to Wellington Village & Westboro & directly in front of Tunney's Pasture. Just steps away from the Ottawa River bike paths for a perfect blend of downtown convenience & nature. Building perks include: pet friendly building, 24 hour concierge service, heated outdoor pool, rooftop terrace & indoor lounge, bicycle storage, party room, fitness centre, yoga room, restaurant/bistro along with Driphouse Cafe & more! (id:35885)

2 Bedroom 2 Bathroom
For rent
$2,300 Monthly
804 MALEY STREET, kemptville, Ontario

804 Maley Street

Kemptville, Ontario

Lovely family home for rent in Kemptville on a quiet residential street with no rear neighbours! This 3-bedroom, 2-bathroom home features an open concept main floor layout with galley kitchen, breakfast nook, and dining/living room with a cozy gas fireplace. Enjoy the natural light from the large windows that also provide a beautiful view of the treed backyard. The fully finished basement offers additional living space and a walkout to the lush backyard backing onto city-owned land abutting Kemptville Creek. Front and rear decks (3 in total!) offer ample room to enjoy the warmer months outside entertaining friends and family. Offering the convenience of a great central location, just a 3 minute drive or 15 minute walk to almost any store in town. Come experience small town living with all the amenities you need at your doorstep! (id:35885)

3 Bedroom 2 Bathroom
For sale
$1,395,000
125 SECOND AVENUE UNIT#B, ottawa, Ontario

125 Second Avenue Unit#b

Ottawa, Ontario

Welcome to this stunning townhome, located just steps from Bank Street in Ottawa’s most desirable Glebe neighbourhood. This unique and rare offering features over 2800 sq ft + basement of living space. This property is larger than many single-family homes. The second level boasts a bright living room, elegant dining room, beautifully updated kitchen with an island, and a family room with a fireplace. The third level includes 3 bedrooms and 2 full baths. Bedrooms have vaulted ceilings, primary bedroom offers a luxurious renovated ensuite with heated floor, 2 walk-in closets, and private balcony. The main level and basement have been converted into a revenue-generating secondary suite that features 2 bedrooms, 2 bathrooms, laundry and access to private garden. Alternatively, it serves as a brilliant self-contained retreat for an elder teen, parent, or friend. So flexible, so smart. Attached garage + one extra parking. Easily converted back to original plan. The secondary unit is vacant. (id:35885)

5 Bedroom 5 Bathroom
For sale
$749,000
108 BELL STREET, carleton place, Ontario

108 Bell Street

Carleton Place, Ontario

This exquisite home on the Mississippi River rapids offers both elegance and tranquility. Experience the soothing sound of the river. Enjoy a campfire at the stone patio by the river. Custom-built split-level with plenty of windows and hardwood flooring. Main floor living/dining with fireplace. Bright and open eat-in kitchen & walk-out deck. Upstairs is a main bedroom with ensuite & plenty of closet space & 2 other bedrooms & a full bath. Lower-level den/living room with fireplace and walk-out to the fenced-in rear yard.Basement has a laundry room, office with plenty of natural light, easily set up as an in-law suite. Oversized 2 car garage with inside/outside entry. Be entertained by ducks & herons. Fly fish at your doorstep. Private kayak access to the river. Mature trees and perennial flowers. Raised planters. Backyard lighting. Situated a short walk to many eateries, the arena, pool, hospital, parks, schools, and walking trails.This waterfront property is a rare and remarkable gem. (id:35885)

3 Bedroom 3 Bathroom
For sale
$975,000
46 MARICONA WAY, ottawa, Ontario

46 Maricona Way

Ottawa, Ontario

Beautiful family home in prime Kanata Lakes location! Step into a spacious foyer with a walk-in closet, the main level offers a convenient office/den and a functional layout with 9" ceilings, large windows and beautiful hardwood flooring. The traditional layout features a great room with 17-foot ceilings, a gas fireplace and a separate dining room for hosting family and friends. The updated kitchen boasts ample cabinets, granite countertops, stainless steel appliances, and a spacious eat-in area. The upper-level features 4 generous-sized bedrooms with a convenient laundry closet. The primary bedroom has soaring cathedral ceilings, a 4-piece ensuite and a walk-in closet. The professionally finished lower level offers plenty of space with oversized windows and a full bath. Located near top-rated schools, golfing, parks, Kanata Centrum, Tanger Outlets, with easy access to Highway 417. 24 hours irrevocable with offer and include Schedule B. Furnace and AC 2018, roof 2015 (id:35885)

4 Bedroom 4 Bathroom
For sale Open House
$1,149,000
1007 CANOE STREET, barrhaven, Ontario

1007 Canoe Street

Barrhaven, Ontario

Looking for a slam dunk of a home? Look no further! This spectacular home features no rear neighbours, no neighbours to the left and a 3rd floor with a loft. Not only are there 9'ft ceilings with 8'ft doors on the main level, but on the second floor as well! Imagine enjoy your morning coffee overlooking your serene backyard, listening to the birds chirping on your back deck. Run upstairs to your spacious and bright primary retreat with a soaker tub, and 5' glass standing shower. The upper level features 4 spacious bedrooms a laundry room, and all bedrooms have a walk-in closet. It doesn't stop there, take a look at the 3rd floor which features my favourite space of all, loft with a powder room and balcony, perfect as an office or playroom or reading nook! When you're ready for a snack, step down to the kitchen which features quartz countertops, a gas line and water line! The basement features a nice bright rec room, a 5th bedroom and full bath. OPEN HOUSE July 7th, 2024! (id:35885)

5 Bedroom 5 Bathroom
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THANK YOU ! Award winner 2022 – Customer Satisfaction and Sales – Thank you to all my clients.

Thank you !!Thank you!!!
To all my clients for your trust, your business, your referrals!!!
2022 Real Estate sales award at my Brokerage office!!!
Top Sales and Customer Satisfaction Award!!!
I’m included in the #1s in something that I love doing!! Helping others focus on Real Estate buying a home or wealth building.
Award for top sales in 2022!!!
Yeah!!!!….I am among the #1 group of highest earning individual agent in my Real Estate brokerage Ontario wide!
Working on getting back to a healthier me after my car accident in 2018, this award feels amazing to hold!!
In 2022, I was able to help more first time buyers, upsizers, down sizers, and investors this past year than the last 5 years due to my accident. I also continue to help needy families in the Amazon Rainforest areas of Suriname and Guyana, by donating a percentage to their needs monthly with my clients help. It’s a real passion of mine the Amazon Rainforest survival, and I help them not to cut down the Amazon Rainforest trees, an eco system that is very special to me.
This year has lots to be thankful for friends. My career enables me to give and to help others and that’s a true gift to appreciate.
I really appreciate everyone that has referred me as a Realtor, my friends and family this past year and in the hope you will continue to do so for years to come.
As a Realtor, the studies and legal updates are endless, but it’s all worth it when you get these Awards of Top Customers Satisfaction. I know that for most people, their house is their largest asset and their trust in me means a lot. So I stay sharp in Real estate law studies they are a constant change and being responsible to my clients is paramount to me.
I’ve been truly blessed with great friends, family, and nice clients. My career is enjoyable!!!
I also have an amazing Real Estate office at Solid Rock Realty. I’ve been very lucky to get a supportive broker and her team.
My colleagues are very supportive of me, as we all share tips throughout the office, and the constant learning helps us to become better at what we do, and how to offer our best to our clients.
BIG THANKS again to all of you who supported me and referred me to your family and friends.
What an Amazing Award for 2022!!!🔑 I’m very proud of myself getting this 🙏🏼🙏🏼
🎉
Again…Thank you all in advance for the future referrals….
2023 will be another successful year and great opportunities!
God Bless🙏🏼

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BUY YOUR 1ST HOME WITH YOUR RRSPs – Ottawa homes for sale 2023 – Ottawa real estate news

How to participate in the Home Buyers’ Plan (HBP)

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Easy ways to buy a Home in Ottawa.Homes for sale.

 

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your Registered Retirement Savings Plans (RRSPs) to buy in Ottawa or build a qualifying home for yourself or for a related person with a disability. The HBP allows you to pay back the withdrawn funds within a 15-year period.

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DEC 2022 – Year-to-date average sale prices – residential and condominiums, values represent an 8% increase over 2021 – OTTAWA HOMES FOR SALE

STILL WAITING TO BUY YOUR HOME?

Market stats show an +8% increase over 2021. Interest rates are still lower than this year-to-year Ottawa real estate market increase %. That means, there is still profit in the market of about 3-4% yearly for you to make. Ask me to teach you about leveraging and mortgage % when buying a home in Ottawa.

Real Estate news in Ottawa.

With year-to-date average sale prices at $774,422 for residential units and $454,436 for condominiums, these values represent an 8% increase over 2021 for both property classes

 

Real estate questions in Ottawa. Get the answers: Ottawa real Estate tips.

How does leveraging work in Real estate?

How to leverage to gain profits % when buying a home in Ottawa.

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Resale Market’s Adjustment and Correction Continues Residential 2 Storey homes down -4.3%

Taking a closer look at Ottawa home prices for November 2022. Down -4.3%

As we take a closer look at these November 2022 Real Estate prices below and above. We are seeing a 2 storey home selling for less this month. Listing a higher price, but Selling Less. The average price has dropped to (-4.3%) and homes are staying longer on the market.

So let’s look even closer:
Year to date chart: November 2022 to November 2023 prices are UP +8.7% for that same average price on the same home. The way we are seeing things..is that more or less we are entering into a Normal Market +4%to 5% per year increases as per normal before 2015. Everyone at my brokerage thinks, home prices in Ottawa went up too aggressively and now the party is over in Toronto and now in Ottawa!

We don’t think Double digits profit and these aggressive increases per year in the Ottawa Real Estate market is a healthy market.

Lets talk a bit about supply:
New Homes Supply is still very low and will continue to create demand and that means you pay more. See Condos went up 9.3% this month because of affordability and a lack of homes. Over Supply of homes are also not good, and that was the case in the US HOUSING CRASH around 2008 it stalled or crashed most economies including Canada.

Construction and Renovation a difficult permit process.
I would say, we do need to get more homes constructed right now, and building a home should be made much much easier.  But it seems today you need a University Degree to deal with the building departments for the Construction of a family home. Apparently my grandfather grade 8 education is no good in our times. With his hand drawings or ruler and pencil wouldn’t work today to get a permit and he constructed 100s of homes as a carpenter, and he had 9 children all educated and fed well. Some people can only afford 1 child. What is wrong with our system in 2022? It simply broken with greed and we are seeing life keeps getting more expensive, harder and more controls placed upon us. It’s impossible building a home or renovation for an apartment in your basement, or building a sons home at the back on your 5 acre land . Our permit system is designed to stop us from building homes. All construction approval is controlled by a few, just like oil.

Conclusion: How about if the city would design 5-10 home models (standard family homes) for you to chose from, free of charge and ready to go, engineered stamped and approved drawings, with all technical drawing stamped for insurance.  All designed and Ready for a person to build his/her home on a piece of land. Wouldn’t that be cheaper for the citizen and our kids to build a home? Wouldn’t that ready to go models stop all this red tape, delays, paperwork dance, back and forth approval drawings, months of planning? Just my thoughts on helping people get a home faster! I also think the government should be more involved in the home building for its citizens in 2022 as many developing countries do and since we all now know we have a supply problem.

Did you know: In the last 10 years Builders were only releasing to build a few homes at a time, and selling them in an Auction Sales day Now!! 10 homes for a 100 buyer and you bid. First release Sales day! Prices will continue to climb aggressively if we don’t address these lack of new home supply issues soon. That’s just my thoughts.

Have a super month and remember investing in a property is always a good investment. Ask your parents what they paid for a home and see the future prices unfold.

Investment and opportunity

Let me help you to Build family Wealth in Real Estate. Join me one evening and let me show you where to invest in Real Estate for a wealthier family future.

Contact me anytime,

John

 

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October 2022 – Ottawa real estate market price – Slow down or stall – OTHAWA HOMES FOR SALE

 

Ottawa Real Estate News 21st October 2022 – Market slows to 0.5% per month.

Ottawa Average Home prices was up from Nov 2021 to Oct 2022 by 9.4% more, this past month shows 0.5% increase. Average price $703,000 on a residential freehold property and Condos show $425,000.

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This chart shows the Ottawa area states of sold prices.

 

Average Prices per week

Listed prices vs SOLD Prices

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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.

 

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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AVERAGE MOVING PRICE SEPTEMBER 2022

 

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OTTAWA AVERAGE  PRICES FROM SEPTEMBER 2022

 

 

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