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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We are very excited to share our new listing at 101 RICHMOND ROAD UNIT#601 in Ottawa.
Elegance & Style in the heart of Westboro, featuring 1 bed, breakfast nook/DEN, GOURMET kitchen, boasting 669 square feet of upscale living space, 52 square feet of outdoor verandah, in-unit laundry. Monthly rent includes heat, A.C., ONE (1) underground parking and ONE (1) storage locker, walking distance to transit / LRT, parks, eateries and amenities, building amenities include: roof top terrace w/BBQ, theatre room, entertainment room, gym, sauna, courtyard. Condominium unit vacant, easy to show, available November 1. 48 Hour Irrevocable on all offers. (id:2493)
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We are very excited to share our new listing at 180 YORK STREET UNIT#306 in Ottawa.
Incredible Pied-a-terre in the Byward Market with coveted underground parking and a storage locker! South facing floor to ceiling windows flood light through the kitchen and living space. Equipped with stainless steel appliances, in-suite laundry, the open concept and efficient design make this a fantastic place to come home to after enjoying the endless opportunities of shopping, dining and entertainment in the most exciting part of the Capital! Enjoy a morning coffee or a nightcap on your generous sized balcony. Walk to work or to the LRT. Building amenities include a gym, private courtyard with BBQ and a party room youll love entertaining in! Condo fee includes heat, A/C and water! Whether urban lifestyle or downtown convenience this unit has everything you can hope for and all at an incredible value! Book your showing now! (id:2493)
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We are very excited to share our new listing at 79 BALDCYPRESS WAY in Ottawa.
Welcome to 79 Baldcypress Cres, a wonderful 5 bedroom, 4 bath home on a premium 46x130 lot just steps from the Abbottsville Pond & Trail! This rare bungalow with a loft level and lower level finished guest suite is hard to find! The flexible floor plan and 5 bedrooms give families lots of layout options! Neutral finishes and upgraded 9-foot ceilings and hardwood throughout give this home a light and airy feel. The open concept main floor is perfect for family life and entertaining, and also conveniently contains the primary bedroom with ensuite, a second bedroom or office, another full bath and laundry. A further 2 good sized bedrooms, full bathroom and a loft round out the second floor. This model was built with the upgraded guest suite in the basement- a 5th bedroom and the fourth full bathroom! This property ticks all the boxes and then some! Make this your new address now! (id:2493)
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TRU Realty is defining professionalism in real estate!

We are very excited to have a guest speaker join us this month - Melanie Johnston from the EnviroCentre! Melanie will share some of the exciting upcoming programs & grants that will be available to Ottawa homeowners to save on retrofitting their homes to become more energy-efficient. Such as:
City of Ottawa’s Better Homes Loan Program
Canada Greener Homes Grant
Enbridge Gas Home Efficiency Rebate Program
and more!
 
You will not want to miss this opportunity to learn, share and potentially volunteer to become your local green neighbourhood ambassador!
 
Attendance is virtual only.
 
To register use the link below:
 
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Members of the Ottawa Real Estate Board sold 1,572 residential properties in August through the Board’s Multiple Listing Service® System, compared with 2,006 in August 2020, a decrease of 22 per cent. August’s sales included 1,175 in the residential-property class, down 25 per cent from a year ago, and 397 in the condominium-property category, a decrease of 9 per cent from August 2020. The five-year average for total unit sales in August is 1,684.

“August’s unit sales followed a trajectory typical of the resale market’s summer months with a considerable decline in transactions compared to the spring and 9% fewer sales than in July (1,724). The number of properties changing hands was on par with August 2017 and 2018 figures. The reason we see a sharp decrease compared to last year’s numbers is due to the first wave lockdown in spring 2020, which shifted that market’s peak to the summer and fall months,” states Ottawa Real Estate Board President.

“Year-to-date resales are at 14,728 and are 24% higher than this period in 2020, which clearly indicates we are in the midst of another strong year in the Ottawa market."

August’s average sale price for a condominium-class property was $407,148, an increase of 6 per cent from last year, while the average sale price for a residential-class property was $674,449, an increase of 14 per cent from a year ago. With year-to-date average sale prices at $722,526 for residential and $420,654 for condominiums, these values represent a 27 per cent and 18 per cent increase over 2020, respectively.*

“Supply continues to remain scarce, and that is the driving factor behind these price increases. New listings were down 400 units from July and 500 units from last August and below the 5-year average for the first time this year since February. Although inventory is approximately 5-6% higher than last year for both residential and condominium property classes, we are only at about 1.5 months’ worth of housing stock. To achieve a balanced market, we need 4-6.5 months’ supply of inventory."

“We are pleased to see that housing affordability and the supply shortage have been a predominant part of election conversations and federal party platform pledges - which is a step in the right direction. We look forward to the collaboration between municipal, provincial, and federal governments to establish measures which will effectively address these fundamental barriers to homeownership for all Canadians who desire to own a home.”

OREB Members also assisted clients with renting 3,182 properties since the beginning of the year compared to 2,232 at this time last year.
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We are very excited to share our new listing at 125 ECCLES STREET in Ottawa.
Excellent development opportunity in Prime Location! R4UD Zoning provides many potential options to build. Located less than a block from Preston & Somerset and steps away from all the Little Italy and Chinatown neighbourhoods have to offer - coffee shops, restaurants, nightlife & a myriad of unique businesses. Walking distance to the O-Train, Lebreton & minutes to the downtown core. Explore this opportunity now! (id:2493)
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