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New property listed in Ottawa

We are very excited to share our new listing at 4 FRANKTOWN Terrace in Ottawa.
Just west of Richmond is this wonderful 23 acre lot with over 360 feet frontage on Franktown Rd. Property is located on Provincially Significant Wetland (PSW) and protected by The Rideau Valley Conservation Authorities which prohibits any development. With such close proximity to Ottawa, this property is the perfect quick escape for any nature enthusiast! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 550 RIOJA Street in Ottawa.
Exceptional executive end unit townhome in Trailwest! This 3-bed, 2.5-bath gem boasts a central location near transit, shopping, and recreation. The open-concept main floor is bathed in natural light with hardwood floors. Enjoy a gourmet kitchen with ample cabinets. Upstairs, a spacious master suite features a 5-piece ensuite and walk-in closet. Two large bedrooms, a full bath, and convenient 2nd-level laundry complete the upper floor. The lower level offers a cozy rec room and ample storage. Plus, enjoy the convenience of a single-car garage and the inclusion of 5 appliances. The large fenced rear yard is perfect for kids to play or to relax. A perfect blend of style and functionality! (id:2493)
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New property listed in Orleans

We are very excited to share our new listing at 249 BEAUGENCY Street in Orleans.
Don't miss the opportunity to be the first to live in this immaculate, newly constructed detached single-family residence. Ready for immediate occupancy! The Madison model by Glenview Homes presents three generously sized bedrooms, tastefully upgraded bathrooms, and a contemporary kitchen sure to satisfy any culinary enthusiast. The seamlessly flowing main floor, with its spacious dining area, sets the stage for a welcoming home. A spacious finished basement, doubling as a recreational space, includes an additional full bathroom. Positioned for convenience, this property provides easy access to Innes Rd, streamlining your daily commute, errands, and local amenities. Major retail outlets are within close proximity, ensuring effortless access to convenience. Seize the opportunity to claim this exquisite, brand-new home as your own. Arrange a viewing today to discover the comfort and elegance this residence has in store. Your ideal home awaits! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 1408 340 QUEEN Street in Ottawa.
Located in the heart of Ottawa, perfect opportunity to live in this brand new luxury prestigious building at Claridge Moon .This beautiful studio apartment features a bright open concept layout with hardwood flooring. The kitchen comes complete with stainless steel appliances, quartz countertops . Spacious livin/bedroom brings lots of natural light. Claridge Moon offers easy access to city life, building amenities, and the light rail station at your doorstep. Be the first person to live in this new home! Tenants pay the electricity only . (id:2493)
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Ottawa Market Trends October 2023
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 816 units in October 2023. This was a small reduction of 2.7% from October 2022. Home sales were 36.4% below the five-year average and 30.8% below the 10-year average for the month of October. On a year-to-date basis, home sales totaled 10,700 units over the first 10 months of the year. This was a substantial decline of 12.3% from the same period in 2022.

“Life is expensive these days, which likely has both buyers and sellers staying put,” says the OREB President. “We’re seeing a slow decline in sales activity but it’s minimal and not unexpected for this time of year. Prices are adjusting and coming down, which is also indicative of the types of homes that are selling — apartments seeing the largest increase in sales activity over last October. While Ottawa’s inventory is slowly building, chronic supply issues mean there’s always an undercurrent of demand. Don’t let the lull fool you: now is a prime time for buyers to be looking for opportunities before the current carries us from a balanced market into seller’s territory.”

By the Numbers – Prices:

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.
  • The overall MLS® HPI composite benchmark price was $638,600 in October 2023, nearly unchanged, up only 1.8% from October 2022.
    • The benchmark price for single-family homes was $721,600, up 2.2% on a year-over-year basis in September.
    • By comparison, the benchmark price for a townhouse was $501,100, nearly unchanged, up 1% compared to a year earlier.
    • The benchmark apartment price was $424,100, unchanged from year-ago levels.
  • The average price of homes sold in October 2023 was $660,836, increasing 2.9% from October 2022. The more comprehensive year-to-date average price was $671,983, a decline of 5.9% from the first ten months of 2022.
  • The dollar value of all home sales in October 2023 was $539.2 million, unchanged 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.

By the Numbers – Inventory & New Listings
  • The number of new listings saw an increase of 6.6% from October 2022. There were 1,895 new residential listings in October 2023. New listings were 2% above the five-year average and 5.4% above the 10-year average for the month of October.
  • Active residential listings numbered 3,062 units on the market at the end of October, a sizable gain of 16.7% from the end of October 2022. Active listings haven't been this high in the month of October in more than five years.
  • Active listings were 43.8% above the five-year average and 10.9% below the 10-year average for the month of October.
  • Months of inventory numbered 3.8 at the end of October 2023, just up from the 3.1 months recorded at the end of October 2022. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Courtesy of the Ottawa Real Estate Board
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New property listed in Ottawa

We are very excited to share our new listing at 66 CYMBELINE Drive in Ottawa.
Wow! Super modern 4 bedroom (all upstairs) - 3 bathrooms townhouse with 2 car garage. 1,501 SQFT finished area (as per MPAC) *Absolutely gorgeous kitchen with beautiful quartz counter tops, back splash, island & high end appliances *Big primary bedroom with a ultra modern bathroom, walk-in closet with built in cabinets and a large balcony *Plus 3 additional well sized bedrooms & a family bathroom on second floor *No carpets anywhere *Modern powder room *Big beautiful private fenced backyard with lighted pergola, shed, irrigation system and fire pit *Super clean open basement ready to finish * Small laundry room with a sink on main floor *Many additional features and inclusions: Big smart TV, BBQ, fire pit, pot lights, neutral colours paint, newer windows & patio/balcony doors, high end baseboards, high efficiency furnace, etc. Driveway for 4 additional cars. Great location close to public transpo, future LRT station, schools, shopping & parks. Flexible closing. Just move in and enjoy! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 58 PEACOCK Crescent in Ottawa.
Open House Sunday 2-4pm. BEAUTIFULLY FULLY RENOVATED this gorgeous 4 bedrooms home is located on a quiet crescent with no REAR NEIGHBORS . A large sunken foyer welcomes you home. The spacious living room is open to the dining room & overlooks the completely fenced backyard. The upgraded kitchen has large quartz island, SS appliances & lots of cupboard space, Cozy family room with wood fireplace and backyard access. The 2nd floor has a well appointed primary bdrm w/remodeled 4pc ensuite. There are three other good sized bdrms & 4 piece bath. Beautifully landscaped yard has new stone patio with gazebo (2021)! New interlock and driveway (2022) Roof shingles & windows (2021), furnace, AC, owned HWT(2021).You'll have easy access to schools, parks, shopping centers, and recreation, easy access to the 416 making it an ideal location. Partly finished basement with separate entrance, income potential 2 bedrooms apartment . Don't miss this fantastic opportunity! (id:2493)
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New property listed in Carp

We are very excited to share our new listing at 77 JUANITA Avenue in Carp.
Exquisite custom-built residence in the heart of Carp Village just steps from the shops and restaurants! The attention to detail begins at the floating concrete steps and continues to all the beautiful finishes, LED recessed lighting, 9 ft ceilings, extra high doorways, crown mouldings, tilework, hardwood floors and then to all the details you do not see, such as the radiant floor heating in all baths, ICF foundation, additional insulation and so much more! A standout feature of this property is its legal secondary dwelling unit, complete with a separate entrance, full kitchen, a cosy living area, a full bath, and a generously sized bedroom. It's a versatile addition that hosts regular clientele on AirBnB, generating an impressive annual revenue of approximately $24,000/year. Alternatively, it offers the ideal setting as an in-law suite. This home truly checks all the boxes and then some! Schedule a visit and make this your new address! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 2508 1785 FROBISHER Lane in Ottawa.
“BRILLIANT LOCATION! Elegant Condo overlooking the Rideau River and green space and hospitals!” Bright spacious unit offers 2 beds, 2 baths, and 2 balconies – The bedrooms are separated by common space for max privacy. Lovely open-concept updated kitchen with prep island opens to living/dining room space, generous primary bedroom with updated ensuite, closets, and storage locker & 1 underground parking space! This unit comes with a laundry room on the same floor, tuck shop, indoor pool, gym, billiard room, and the Bldg has guest suite (newly renovated) at a cost of 150/night. it’s all here! Two great supers on site plus condo office. UTILITIES INCLUDED – makes budgeting easy. TRANSIT at the door, min to 417, Bank/Billings, train station and trainyards shopping, downtown, hospitals, bike/walking trails. Great Value! Dare to Compare! Welcome Home! Available Dec 1, 2023 or TBA (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 730 HAZELNUT Crescent in Ottawa.
Premium End unit with a fully fenced lot. This popular Cambridge model by Tamarack, boasting approximately 2155 SQFT of living space has its owndriveway with an oversized garage. Fantastic layout , with a shed for extra storage and a patio for you to enjoy with friends and family Many qualityupgrades including flooring, cabinets, hardware, railings, tile. Includes AC and garage door opener , eavestroughing. Beautiful open concept kitchen hasample cupboard space, including a walk in pantry. Fully finished basement , plenty of bright storage. Second floor features a true laundry room with storage,laundry sink and space for folding and laundry baskets. The elegant master bedroom is very spacious, the walk in closet is a dream, larger than found inmost single family homes,Freshly painted, move-in ready and way below builder base price for the same model. close to schools, parks, shopping area,airport and Leitrim station. (id:2493)
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New property listed in Constance Bay

We are very excited to share our new listing at 1127 BAYVIEW Drive in Constance Bay.
Beautiful 1 bed plus den home in the beach community of Constance Bay backing onto the protected Torbolton Forest + steps from the boat launches of Buckham's Bay. NOT IN THE FLOOD AREA! Renovated in 2016 + over 50K spent in recent upgrades. Energy efficient radiant heated floors throughout, quartz countertops, beautiful farmhouse sink, pot lighting, updated appliances, DRILLED WELL(2018), 200 amp, Custom Zebra Blinds, electrical for a dishwasher, Bell Fibe, new baseboards + trim, new doors, paint, upgraded plumbing, installed Hydrotech water softener + Viqua Ultraviolet light water sterilization max system, new soffit, fascia board, roof sheathing, ice water shield, shingles, upgraded roof vents for the hood fan, bath + dryer, added insulation in the attic, newly finished den/office or possible 2nd bedroom. Amish 10x20 shed + 22 x 30 workshop. "The Bay" has an amazing fully equipped community centre, boat/watercraft rentals, horseback riding, renovated beach patio restaurant + more. (id:2493)
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