We are very excited to share our new listing at 27 FANTERRA WAY in Ottawa.
Welcome to 27 Fanterra Way, a wonderful 5 bedroom, 4 bath executive home on a premium 50 lot in Hunt Club Park! Note the hardwood floors through the living and dining rooms. The upgraded Chefs kitchen is adjacent to the family room, which features a gas fireplace for the perfect touch of ambience. Ample windows and a sliding glass door to a south-facing rear yard and patio! A private office/den is perfect for working from home or homework. Upstairs, escape to the privacy of the primary bedroom with a walk-in closet, sitting area & ensuite. The other 3 bedrooms are all large and share a full bath. The fully finished basement is huge and has another bedroom/office and a full bath. Recent updates include: paint throughout, flooring, kitchen and baths, & carpets. Make this your new address now! Offers to be presented at 2 PM December 5, 2021, however, Seller reserves the right to review and may accept pre-emptive offers. (id:2493)
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The City of Ottawa just announced that the Better Homes Ottawa - Loan Program has now launched!

Through the Better Homes Ottawa - Loan Program, homeowners can get a zero-interest loan of up to the lesser of $125,000 or 10 per cent of the current value of their home to cover the cost of home energy improvements.

Measures eligible for financing through the program include:
  • Basement, attic and exterior wall insulation
  • Air sealing (such as weather stripping or caulking)
  • Window and door replacements
  • Air and ground source heat pumps
  • Solar hot water systems
  • Solar photovoltaic systems
  • Battery storage
  • Electric vehicle charging stations (level 2)
  • Additional dwellings such as granny suites or basement apartments (up to 30 per cent of the total loan amount)
You can combine the Better Homes Ottawa - Loan Program with other available energy efficiency rebates and incentives.

The City is working with EnviroCentre, an Ottawa-based non-profit organization to administer the program. Find out more about the Better Homes Ottawa - Loan Program and apply at betterhomesottawa.ca.
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We are very excited to share our new listing at 27 FANTERRA WAY in Ottawa.
Executive or Diplomatic home for lease in Hunt Club Park. The main floor features hardwood floors, large windows, an open concept family room & kitchen; a main floor office/den and laundry. The second floor has a large master bedroom suite with a walk-in closet and 5 piece ensuite. There are 3 additional bedrooms and a full bath on this floor. The basement offers a large rec-room and additional bedroom or office. There is a large south facing backyard with a patio and storage shed. (id:2493)
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We are very excited to share our new listing at 27 FANTERRA WAY in Ottawa.
Executive or Diplomatic home for lease in Hunt Club Park. The main floor features hardwood floors, large windows, an open concept family room & kitchen; a main floor office/den and laundry. The second floor has a large master bedroom suite with a walk-in closet and 5 piece ensuite. There are 3 additional bedrooms and a full bath on this floor. The basement offers a large rec-room and additional bedroom or office. There is a large south facing backyard with a patio and storage shed. (id:2493)
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We are very excited to share our new listing at 108 RELIANCE RIDGE in Ottawa.
Welcome to 108 Reliance Ridge, a wonderful 4 bedroom, 4 bath 3300+ sq ft urban farmhouse on a premium 46 lot! The upgraded chefs kitchen with a massive quartz island overlooks the great room with a soaring 15 ft high vaulted ceiling and a gas fireplace for the perfect touch of ambience. Note the hardwood floors throughout the home - no carpet anywhere. Upstairs, escape to the privacy of the primary bedroom with a huge walk-in closet & a beautiful ensuite. Imagine sipping a glass of wine after a long day while soaking in the stand-alone tub! Bedrooms 2 & 3 share a Jack & Jill bathroom. Bedroom 4 is no slouch at over 14'x13' with a vaulted ceiling. There is a 3rd full bath on this floor and all the bedrooms have their own walk-ins. Whether you are a laundry lover or hater, you will appreciate the huge 2nd floor laundry and walk-in linen closet. The unspoiled basement is waiting for your finishing touch. Make this your new home now! (id:2493)
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Members of the Ottawa Real Estate Board sold 1,677 residential properties in October through the Board’s Multiple Listing Service® System, compared with 2,132 in October 2020, a decrease of 21 per cent. October’s sales included 1,263 in the residential-property class, down 24 per cent from a year ago, and 414 in the condominium-property category, a decrease of 14 per cent from October 2020. The five-year average for total unit sales in October is 1,605.

“October’s resale market was active, busy, and stable – and followed the typical (pre-pandemic) ebb and flow that we commonly see as we enter the fall season,” states Ottawa Real Estate Board President. “The number of transactions increased slightly over September (1,607) as well as the 5-year average. The only reason we see a year-over-year decrease in comparison to last October is because 2020’s sales peak had shifted from the spring months to September/ October due to the initial Covid-19 lockdown.”

The average sale price for a condominium-class property in October was $404,760, an increase of 10 per cent from 2020, while the average sale price for a residential-class property was $716,378, an increase of 19 per cent from a year ago. With year-to-date average sale prices at $720,150 for residential and $419,515 for condominiums, these values represent a 24 per cent and 16 per cent increase over 2020, respectively.

“While the number of units sold followed the traditional trajectory, the lack of supply continues to put upward pressure on prices, which are holding strong and steadily increasing. Although there were 1,960 new listings in October, falling just under the 5-year average (1,974), it’s simply not enough. Inventory remains at a one-month supply for residential properties and 1.2 months for condominiums. The only way we will find balance in Ottawa’s market is to increase the housing stock exponentially.”

“Low inventory and a lack of suitable housing options restrict movement along the housing spectrum. Move-up buyers and downsizers have nowhere to go, so they stay in place, but we need that exchange of properties in the marketplace to free up supply for entry-level homebuyers.”

“Additionally, we have noticed a substantial increase in the number of rental transactions through the MLS® System, which could suggest that some of the properties have been purchased or held on to for investment purposes. This active rental market may be another contributing factor as to why there aren’t more properties coming onto the market for sale.”

OREB Members assisted clients with renting 4,012 properties since the beginning of the year compared to 2,829 at this time last year. 
Source: Ottawa Real Estate Board.
TRU Realty 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. For an estimate of what your home is worth contact TRU Realty! 
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We are very excited to share our new listing at 18 CORNERSTONE PRIVATE in Ottawa.
You will be CHARMED by 18 Cornerstone PVT. Beautifully maintained Executive end unit in heart of Golden Triangle, one of Ottawas most sought-after neighbourhoods! Spacious open-concept design features bright living & dining rms w/hardwoods and cozy balcony perfect for al fresco dining. Updated kitchen w/tasteful finishes, ss appliances, eat-in peninsula & convenient powder room. Large master w/vaulted ceilings, 2nd bdm w/new custom shelving & Murphy bed, & stunning 4-pc bath upgrade w/heated flooring. Main floor offers separate rm w/fireplace that can be used as 3rd bdm, office or den, plus additional storage. Do not miss upper staircase to loft that can be converted to office/used for storage. Private garage parking. Unbeatable location, steps from Elgin dining, Rideau Canal, bike/running trails, parks, transit. $100/mo assoc fee for maintenance/snow clearing. Offers presented Oct 18 at 6pm, however Seller reserves right to review and may accept pre-emptive offers w/24hr irrevocable. (id:2493)
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We are very excited to share our new listing at 199 CRANESBILL ROAD in Ottawa.
Welcome to 199 Cranesbill Rd, a wonderful 4 bedroom, 4 bath 3200+ sq ft home on a premium WATERFRONT lot! The upgraded Chefs kitchen, breakfast bar & breakfast nook are adjacent to the great room, which features a gas fireplace for the perfect touch of ambience. Ample windows and a sliding glass door to a balcony give you access to the incredible waterfront views overlooking the Abbottsville Pond! Very, very few homes in Kanata enjoy this privilege! Upstairs, escape to the privacy of the primary bedroom with 2 walk-in closets & an ensuite. Imagine the sunset views from the soaker tub while sipping a glass of wine after a long day! Bedrm 2 has its own ensuite, while 3 and 4 share a jack & jill bath. All have their own walk-in closets. A convenient loft area could be used as a homework area or office space. Enjoy the convenience of a 2nd-floor laundry room. The WALK-OUT basement is unspoiled. Make this your new address now! (id:2493)
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We are very excited to share our new listing at 199 CRANESBILL ROAD in Ottawa.
Welcome to 199 Cranesbill Rd, a wonderful 4 bedroom, 4 bath 3200+ sq ft home on a premium WATERFRONT lot! The upgraded Chefs kitchen, breakfast bar & breakfast nook are adjacent to the great room, which features a gas fireplace for the perfect touch of ambience. Ample windows and a sliding glass door to a balcony give you access to the incredible waterfront views overlooking the Abbottsville Pond! Very, very few homes in Kanata enjoy this privilege! Upstairs, escape to the privacy of the primary bedroom with 2 walk-in closets & an ensuite. Imagine the sunset views from the soaker tub while sipping a glass of wine after a long day! Bedrm 2 has its own ensuite, while 3 and 4 share a jack & jill bath. All have their own walk-in closets. A convenient loft area could be used as a homework area or office space. Enjoy the convenience of a 2nd-floor laundry room. The WALK-OUT basement is unspoiled and is ready to be finished into additional living space. Make this your new address now! (id:2493)
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Members of the Ottawa Real Estate Board sold 1,607 residential properties in September through the Board’s Multiple Listing Service® System, compared with 2,314 in September 2020, a decrease of 31 per cent. September’s sales included 1,244 in the residential-property class, down 29 per cent from a year ago, and 363 in the condominium-property category, a decrease of 36 per cent from September 2020. The five-year average for total unit sales in September is 1,648.

“As per usual, the resale market in the early part of the month moved slowly due to the Labour Day holiday weekend and parents settling their children back into their school routines. Activity began to accelerate towards the end of the month, which is behaviour typical of the market in September,” states Ottawa Real Estate Board President.

“Although the statistics are showing a considerable year-over-year decrease in transactions, this anomaly is due to the shift of the 2020 market’s peak activity to the summer and fall months as a result of the initial Covid-19 lockdown last spring. If we look beyond the comparison to last year, the number of transactions in September was 4% higher than in 2019 (1,547) and 16% higher than 2018 (1,387).”

September’s average sale price for a condominium-class property was $425,362, an increase of 14 per cent from last year, while the average sale price for a residential-class property was $702,155, an increase of 13 per cent from a year ago. With year-to-date average sale prices at $720,492 for residential and $421,062 for condominiums, these values represent a 25 per cent and 17 percent increase over 2020, respectively.

“House values are holding steady with a slight month-to-month increase (4-5%) in September and year-to-date average prices remaining strong for both residential and condo properties. Of course, these price escalations that we saw in the first quarter of 2021 and now recurring in September are inevitable given the supply challenges we have been experiencing for several years now combined with the unrelenting high demand.”

“While inventory has improved slightly from the pre-pandemic years (2017-2019), it is still the principal cause for concern with just over one month’s supply in the housing stock at this time. There were 2,252 new listings in September, an increase of 216 units over August; however, the number still falls beneath the five-year average and is much lower than this month in September 2020 (2,906).”

“With the election behind us, we hope the government will now concentrate on addressing supply issues and developing first-time homebuyer assistance touted in their reelection platform. Together with our REALTOR® Members and our provincial and federal counterparts, we will continue to advocate for availability and affordability in the Ottawa housing market and implore all three levels of government to implement effective measures to help all Canadians turn their homeownership dreams into reality.”

OREB Members also assisted clients with renting 3,598 properties since the beginning of the year compared to 2,536 at this time last year.

Ottawa Real Estate Board

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