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New property listed in Ottawa

We are very excited to share our new listing at 851 ELEMENT Private in Ottawa.
First time buyers and downsizers, the time is now and this is the one! Nestled within a secluded enclave, 851 Element Private stands as a beacon of contemporary luxury and urban sophistication. Tucked alongside picturesque walking paths, this home provides a perfect blend of convenience and serenity. As you enter the first floor, discover a versatile space ideal for a private home office or gym. The open-concept middle floor, featuring large windows and dark hardwood floors, fosters an airy ambiance. Just off the dining area you will find a small deck, ideal for watching sunrises or sunsets with coffee in hand. On the third floor, the primary bedroom boasts a walk-in closet, ensuring ample storage and organization. Also on this floor, a second great sized room and convenient 3rd floor laundry. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 533 PAINE Avenue in Ottawa.
Stunning Arcadia Village Kanata Detached Home for Rent with 4 Bedroom, 3 Bathroom with Finished Basement. Main level & stairs has beautiful hardwood floors. Kitchen with Stainless Steel appliances, quartz counters, upgraded cabinets. Gas fireplace in living room. Second level has 4 bedrooms, main bath with Quartz counter top, Hardwood in hallway, Berber carpet in bedrooms, Upgraded Ensuite Bath. Beautifully Finished Basement. Great School are with Kanata Highlands PS, R M PS and Earl Of March SS Boundary. Convenient location, reachable by 417 Highway and Terry Fox Dr. Located between Tanger Outlets and Kanata Centrum Shopping Centre. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 36 GRANTON Avenue in Ottawa.
Executive custom home nestled in the heart of St Claire Gardens with South facing bckd. The house offers beautiful open spaces, 2 story foyer, engineered floors, 9' ceilings , heated floors in MB Jack& Jill bathroom, walk-in closets, striking wooden/glass staircase with unique built in integrated LED panels, ICF construction that is far superior in efficiency and durability , integrated speakers system . Gorgeous kitchen with huge island, separate large butler's pantry with additional sink ensuring the kitchen is perfectly suited to sociable contemporary living. Stunning Stylish and Sophisticated Design of the main level made to capture natural light through an abundance of windows. Gorgeous gas fireplace completes the main floor. Lower level offers tremendous value & opportunity. SEPARATE ENTRANCE,2 additional bdrs, separate open concept of liv & family rooms comes with a full set of appliances. Composite board deck & stone patio are great additions to the house. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 154 STEDMAN Street in Ottawa.
Beautiful end unit townhouse with three bedrooms and three bathrooms. The main floor has an open-concept arrangement with hardwood flooring in the living and dining spaces. The kitchen is a chef's dream, with plenty of cabinet space, a handy walk-in pantry, a spacious island with a raised breakfast bar, and an eat-in area. Upstairs, there are three spacious bedrooms, including a master retreat with a walk-in closet and a four-piece ensuite bathroom. The second floor also includes a complete bathroom and a convenient laundry room. Lower-level Fully finished basement has a large recreation room & storage area that is ideal for entertaining, as well, with plenty of windows and extra storage space. The sunny, west-facing, completely enclosed backyard offers solitude and a deck. This property, located near schools, parks, shopping, and other amenities, provides the ideal balance of comfort and convenience. All completed applications require a 48-hour irrevocable period (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 77 HACKAMORE Crescent in Ottawa.
This recently built residence is now available for rental immediately. Featuring brand new stainless steel appliances, a double garage with remote auto-door opener, and four bedrooms, it is bathed in natural sunlight. The open concept layout encompasses a kitchen and living room, a dining area, and an eating quarter. Additionally, the main level includes a convenient partial bathroom. The finished basement offers ample space for a gym and movie nights. Upstairs, the four bedrooms await, with the primary bedroom boasting two walk-in closets and an en-suite bathroom. Relax on the upper level balcony while enjoying your morning coffee. Laundry facilities are conveniently located on the upper level along with a full bathroom. Each bedroom receives direct sunlight. Rental applicants are required to submit a complete rental application, proof of income, credit reports (not just scores) from Equifax or Transunion, and references. Smoking is strictly prohibited. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 1493 QUEENSWOOD Crescent in Ottawa.
Perfectly updated home in a great location on a quiet street! This 3 bed, 2 bath home features: Full Hardwood kitchen with soft close doors and drawers(2011), Nat Gas Furnace and duct work installed 2011 - no boiler and rads here! A/C (2011), HWT owned (2011), All windows (2011), 100 AMP panel box(2011), extra rigid insulation installed under the newer vinyl siding(2011) 50 YR Shingles on the roof(2014), over 80 FT of widened and paved driveway(2017). Huge laneway can handle an RV, boat trailer and the truck to pull it. An 18 ft x 29 ft insulated and Nat Gas heated dream garage is set back on the property to park your car, store your toys, or use it as a workshop. The oversized private deck is 19.5 ft x 15.5 ft. This home must be seen to be appreciated. As per Form 244 - No Conveyance of Offers prior to 4:00PM/May 13,2024 (id:2493)
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New property listed in Stittsville

We are very excited to share our new listing at 326 CROSSWAY Terrace in Stittsville.
Constructed in 2023, this almost new home boasts a prime location on a Premium Lot, equipped with top-of-the-line appliances. Step inside this large modern abode, brimming with natural light throughout its main level. The living room features a cozy gas fireplace, opening into the formal dining area. The kitchen comes with its premium appliances and granite countertops. You'll also find a convenient mudroom and a partial bathroom. Outside, a generously sized park awaits, fenced for your privacy. Ascend to the upper level, where four bedrooms await, including a sizable primary suite and three additional bedrooms, each offering ample space for a study or computer desk. The primary bedroom boasts an en-suite bathroom and a spacious walk-in closet, another full bathroom caters to household. Second floor laundry. Convenience is key. Close proximity to Tanger Outlet, Costco, Home Depot, Food Basics, and Palladium. So, comfort, convenience, and enjoyment are integrated into your life. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 328 MIRABEAU Terrace in Ottawa.
Here's the one you don't want to miss out on! This stunning detached residence boasts spacious living across its 4+1 bedrooms. As you approach the home, its inviting front entrance showcases beautiful interlocking, a widened driveway for added convenience. Newly installed engineered hardwood flooring throughout the main and upper level, including all bedrooms. Freshly painted interior, entrance, and garage door. New tiling in kitchen. A large walkout backyard deck, perfect for entertaining and taking in fresh air. Discover endless possibilities in the fully finished basement, complete with a large rec. room ideal for family gatherings or leisure activities. Upgraded marble countertops in the kitchen and upper-level washrooms. The upgraded en-suite washroom features a large standing shower & soaker tub. This is more than a home; it's a sanctuary of comfort, style, and sophistication. Experience the epitome of modern living in every detail of this meticulously upgraded property! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 4 FRANKTOWN Road 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 Stittsville

We are very excited to share our new listing at 6981 FLEWELLYN Road in Stittsville.
Enjoy a rural setting with urban convenience! Close proximity to Stittsville amenities and Kanata, this phenomenal opportunity to own over 40 acres in Stittsville is surrounded by lush forest and cleared land - an excellent backdrop for your dream home or recreational property. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 566 ATHLONE Avenue South in Ottawa.
Bungalow in Westboro. It is one of the finest locations in Ottawa, well-situated a on Cul-de-Sac. It is renovated throughout. Freshly painted with numerous updates. Main floor welcomes you with a kitchen on the right and a family room with a wood fireplace on the left. Three bedrooms come at the end of the hall which is complemented by a full bathroom. Basement is fully finished and offers a den or a study room/office. There is a huge family room which has cabinets and a sink to use. It is filled with LED pot lights. You will find laundry and another full bathroom in the basement. It is easy to design an in-law suite. Hot water tank is owned. It is zoned R3R with 8.5 m height. (id:2493)
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Ottawa Market Trends April 2024
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023.

Home sales were 2% below the five-year average and 6.9% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 4,132 units over the first four months of the year — an increase of 11.5% from the same period in 2023.

“It’s a typical spring in Ottawa’s real estate market,” says the OREB President. “What sets it apart from recent springs is a restored mutual confidence among both buyers and sellers. Buoyed by recent sales activity, sellers are more confident that they can move their property as evidenced by the uptick in listings. For buyers, the pressure of the pandemic market has eased and they’re comfortable taking the time to find the property that best suits their needs. The pace is still conservative while the economy is holding some back, but overall Ottawa’s market is strong and stable, and that’s a win-win.”

“The real story is in the details. Looking more closely at what’s selling and for how much suggests the demographic of buyer is changing. While most of Ottawa’s market is in balanced territory, townhomes have shifted to the seller’s market side as supply shrinks. Single-family homes are the most active market, which is inflating the average sale price. The next few months will be both telling and interesting as people continue to redefine their post-pandemic normal amid an upcoming federal election and back-to-work mandate for government workers. The detailed insights and data that REALTORS® have unique access to will be invaluable in helping buyers fine-tune their strategy for their specific neighbourhood and property type.”

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 $643,700 in April 2024, a marginal gain of 1.6% from April 2023.
    • The benchmark price for single-family homes was $727,700, up 1.6% on a year-over-year basis in April.
    • By comparison, the benchmark price for a townhouse/row unit was $500,800, up slightly at 1% compared to a year earlier.
    • The benchmark apartment price was $423,100, up 2.1% from year-ago levels.
  • The average price of homes sold in April 2024 was $705,117 increasing 1.2% from April 2023. The more comprehensive year-to-date average price was $675,817, increasing by 2.4% from the first four months of 2023.
  • The dollar volume of all home sales in April 2024 was $1.02 billion, up 10.2% from the same month in 2023.
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. Prices will vary from neighbourhood to neighbourhood.

By the Numbers – Inventory and New Listings:
  • The number of new listings saw an increase of 40.5% from April 2023. There were 2,597 new residential listings in April 2024. New listings were 19.7% above the five-year average and 4.6% above the 10-year average for the month of April.
  • Active residential listings numbered 2,966 units on the market at the end of April 2024, a gain of 36.6% from April 2023. Active listings were 62.6% above the five-year average and 13.7% below the 10-year average for the month of April.
  • Months of inventory numbered 2 at the end of April 2024, up only slightly from 1.6 in April 2023. 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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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.