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New property listed in Ottawa

We are very excited to share our new listing at 858 CHIPPING CIRCLE in Ottawa.
Premium 3 Bed, 2.5 Bath END Unit Townhome sits on an oversized Premium lot, No Rear Neighbors, Modern, Richcraft's Largest townhome (2021-Fairhaven model) over 2500 SqFt.Open concept main floor offers a 9 FT ceiling and opens above features in the bright living room, gas fireplace, and sun-filled windows making the main floor feel like spring in the cold winter. Energy star certified home offers a Larger Living Area, Pot Lights & Hardwood Throughout! the main floor Bright Kitchen has SS Appliances w/Chimney Hood Fan, Quartz Countertops, Extended & Display Cabinetry Island w/Breakfast Bar. The second level offer Primary Bedrm w/W.I.C. & Spa-Like 4pc Ensuite w/Quartz Counter Vanity, Soaker Tub & Shower w/Bench! 2 Additional Bedrms, and a Large Loft Area could easily be converted to a 4th bedroom, Full Bath & Laundry RM Complete Upper! FIN BSMT Large REC RM, Rough-In for a 4th Bathroom & Plenty of Storage! Excellent Location Close to Parks, Shops, Schools & Limebank LRT Station open 2023. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 805 CARLING AVENUE UNIT#2207 in Ottawa.
Amazing views from this luxurious, modern & brightly lit corner unit of Ottawa’s tallest condo - the Claridge Icon. Panoramic view of Dows Lake, Rideau Canal & Ottawa from the floor to ceiling windows & 3 private balconies. This stunning unit features spacious bedroom, elegant bathroom with glass walk-in shower, beautiful kitchen with quartz countertop, stainless steel appliances, in-unit laundry, 1 underground parking, and a storage locker. Open concept living with gorgeous hardwood floor is flooded with natural lights and breathtaking views from the floor to ceiling windows. Many amenities: 24 hour concierge, indoor pool, gym, sauna, movie theatre, party rooms, guest suites & more. Walking distance to restaurants, entertainment & shops in Little Italy. Enjoy Dows Lake & the Canal in all seasons & close to Civic Hospital, Carleton University, the Glebe & Landsdowne Park. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 209 FINSBURY AVENUE in Ottawa.
Welcome to this beautiful brand New End Unit townhouse BACKING to a School! Located in a desirable Westwood Stittsville. The main floor features 9' high ceilings, a ceramic foyer, gleaming hardwood throughout living & dining rooms, GAS FP, a modern kitchen with Quartz countertops, and a PANTRY. The 2nd floor features a Primary bedroom complete with a very spacious walk in closet, 4pc Ensuite with both a Tub & a separate shower. Two other spacious bedrooms , a full bathroom & LARGE beautiful and very convenient laundry room . The home offers 2155 sqft of living space with open to below fully finished large, bright family room & ample storage/utility area in the basement. The Garage is specious so you don't have to worry about your snow blower or bicycles. Close to Schools, parks, Walmart, public transit, Banks, Highway, Grocery, shopping, Canadian Tire Centre, and all other amenities. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 377 RIVER LANDING AVENUE in Ottawa.
Rarely offered Popular Mattamy Homes -Valleyfield model in Half Moon Bay-Barrhaven.Approx 3000 Sq.ft of space with 4 Bed and 4 Bath with Finished basement, Main floor's 9-foot Ceilings, a thoughtful and functional floor plan with a private office, an elegant formal dining room, and a HUGE kitchen overlooking a south-facing fenced backyard. The Second-floor consists of higher ceilings with an open loft and balcony, creating a feeling of spaciousness, a Laundry room with lots of storage, and four large-sized bedrooms. The Master bedroom offers a HUGE walk-in closet and a Beautiful En-suite with a double sink vanity and granite countertop. A newly finished basement with an extra full bathroom and a bright open area allows you to do whatever you want for your family activities. The fully-fenced rear yard has a cobblestone patio and plenty of room for an in-ground pool, garden, or play structure. Excellent Neighbourhood Steps to Parks, Best Schools, Transit, Nature & Minto REC Centre. (id:2493)
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Ottawa Market Trends November 2022
Members of the Ottawa Real Estate Board (OREB) sold 846 residential properties in November through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,456 in November 2021, a decrease of 42%. November’s sales included 658 in the residential-property class, down 39% from a year ago, and 188 in the condominium-property category, a decrease of 50% from November 2021. The five-year average for total unit sales in November is 1,270.

“November’s sales were expectedly low given the typical slowdown this time of year but they also reflect today's economic conditions," says OREB's 2022 President. “This is not isolated to our local market. Globally, we’re still adjusting to the post-pandemic world and that affects demand, pricing, interest rates, cost of living, supply chain disruptions and more. As a result, those who can, are waiting and watching.”

By the Numbers – Average Prices:
  • The average sale price for a condominium-class property in November was $415,533, a decrease of 4% from 2021.
  • The average sale price for a residential-class property was $680,031, decreasing 5% from a year ago.
  • 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.
“What’s concerning about the current market is the impact on first-time homebuyers. The marked decrease in condo sales, for example, signals that even entry-level properties are being affected. Fluctuating markets, paired with the stress test, are keeping first-time buyers on the sidelines in a tight rental market—with MLS® rentals increasing 27% this year over last.”

By the Numbers – Inventory & New Listings:
  • Months of Inventory for the residential-class properties has increased to 3.5 months from 0.9 months in 2021.
  • Months of Inventory for condominium-class properties has increased to 3.4 months from 1.1 months in 2021.
  • November’s new listings (1,598) were 12% higher than 2021 (1,429) and down 22% from October 2022 (2,046). The 5-year average for new listings in November is 1,398.
“With nearly four months of inventory and an average 30 days on market, Ottawa now has a balanced resale market, slightly tipping toward the buyers. Sellers are well-advised to work with a REALTOR® who has hyper-local knowledge about specific neighbourhoods, appropriate price points and ideal timing. Prices are adjusting but real estate is a long-term investment. It’s the same reason I tell buyers to marry the house and date the rate.”
Courtesy of the Ottawa Real Estate Board
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Welcome to TRU Realty - Roger Senecal

We are really honoured to welcome Roger Senecal to TRU Realty! Roger has a background in geography and business from the University of Alberta. As a result, Roger has a keen interest in land use, resource planning, environmental and resource management, renewable energy, sustainability, and energy-efficient housing. This has translated into Roger’s experience in advocacy, building and retrofitting homes for both himself and development and assisting his clients as well. In addition, Roger places great emphasis on professionalism through education and high ethical standards, qualities that attracted him to TRU Realty and its management. 

Roger lives in Hintonburg with his spouse and daughter and looks forward to assisting any and all in their real estate needs. Contact Roger today!

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New property listed in Ottawa

We are very excited to share our new listing at 669 RYE GRASS WAY in Ottawa.
This is the home you have been waiting for! A never lived in detached 2 storey on a quiet cul-de-sac with a huge pie-shaped yard! This Mattamy floorplan is one of the most popular & you can see why - it is an open airy feel with lots of light & huge 9-foot ceilings! The main floor will be the hub of the home with a huge kitchen open to the great room, fireplace and dining area. Note the convenient mud room with a built-in bench & huge walk-in closet. On the 2nd floor, the primary bedroom suite is stunning! A gorgeous ensuite with a glass shower, stand-alone tub & massive walk-in closet. The second bedroom has its own ensuite & walk-in & bedrooms 3 & 4 share a jack-and-jill! Do not miss the full laundry room on this floor. The basement is ready to be developed with a rough-in for a 4th full bath. Just a block from the park & with schools & shopping nearby, you have everything a family could want and more! Book a visit & begin making memories here! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 669 RYE GRASS WAY in Ottawa.
This is the home you have been waiting for! A never lived in detached 2 storey on a quiet cul-de-sac with a huge pie-shaped yard! This Mattamy floorplan is one of the most popular & you can see why - it is an open airy feel with lots of light & huge 9-foot ceilings! The main floor will be the hub of the home with a huge kitchen open to the great room, fireplace and dining area. Note the convenient mud room with a built-in bench & huge walk-in closet. On the 2nd floor, the primary bedroom suite is stunning! A gorgeous ensuite with a glass shower, stand-alone tub & massive walk-in closet. The second bedroom has its own ensuite & walk-in & bedrooms 3 & 4 share a jack-and-jill! Do not miss the full laundry room on this floor. The basement is ready to be developed with a rough-in for a 4th full bath. Just a block from the park & with schools & shopping nearby, you have everything a family could want and more! Book a visit & begin making memories here! (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 105 FALABELLA STREET in Ottawa.
Freshly painted 4 bedrooms single house for rent in desirable Stittsville South. Better than brand new with grass installed and driveway being paved. This spacious and bright home features 9" ceilings, beautiful hardwood floors on main the level and matching wooden stairs, unspoiled basement. Area is surrounded by the great schools. Steps away to a new playground and tennis court. No direct neighbors in the front of the house. Fully fenced backyard. Available for an immediate possession. Rental application, employment proof or proof of funds, Equifax credit report are a must. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 548 AROSA WAY in Ottawa.
Beautiful NEW 3 bedroom END unit townhome in Blackstone South backing to a park! Fully fenced backyard, Finished basement and lots of walk in closets! Open concept main floor boasts 9' ceilings, hardwood floors, and tones of upgrades spacious great room with cozy fire place, and formal dining room. Kitchen features large island, granite counters, upgraded backsplash, stainless steel appliances, and loads of cupboard space. Formal dining. Upstairs, you will find a spacious primary bedroom with walk-in closet and upgraded bath oasis with double vanity, and separate shower and soaker tub. Two additional good sized bedrooms and full bath round out the second level. Fully finished lower level with recreation room and storage. Mins To Walmart, Highway 417, Canadian Tire Centre, Costco And Tanger Outlets.Available immediately, Tenant pays for utilities and lawn/snow maintenance. NO pets and NO smoking please. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 23 MERRILL STREET in Ottawa.
Beautiful semi-detached home Built in 2019 situated in the Poole Creek neighborhood offers over 2,200 of living space. The modern-open concept layout of the main floor with a welcoming cozy fireplace and beautiful accent wall. The kitchen has an upgraded granite countertops with a breakfast bar stainless steel appliances and a plenty of cabinets. More storage and space in the mud room that leads to the garage! Upper level features 3 bedrooms a large loft and an UPSTAIRS LAUNDRY room. Fully finished basement with two bright windows and plenty of storage area. Water softener of 50$ a month s included in the rental price. Great location, close to shopping, public transit, restaurants, public library, schools, and much more. (id:2493)
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Welcome to TRU Realty - Jim Riley

We are very pleased to announce that Jim Riley has joined TRU Realty!

Jim is an "Ottawa boy" through and through. Born and raised in the city, Jim knows the National Capital! That has really helped Jim to enjoy a long career in real estate! Since the 1990's, Jim has assisted both buyers and sellers get the most from their transactions! Jim's attention to detail, care and determination is admired by all his past clients, friends and colleagues. Those same qualities are what TRU Realty looks for in their agents and what attracted Jim to our brokerage.

When not selling, or renting property, Jim enjoys spending time with his family, playing hockey and cheering on the Senators! On behalf of Jim, we invite all to contact him with any and all their real estate needs!

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