We are very excited to share our new listing at 1368 LEASIDE AVENUE in Ottawa.
Immaculate, move-in ready picture-perfect three-bedroom bungalow! You are in for a surprise when you open the front door & discover a beautifully renovated home flooded with light! The main living area features an entire wall of south-facing windows with a view of a spectacular oversized patio & yard. This home exudes character and charm but with an open plan living, dining & kitchen perfect for entertaining and modern living. The lower level contains a family room with a second fireplace and an exercise area that can be a great flex space along with tons of storage. Fantastic location only 10 minutes to downtown, and close to shopping and transportation. Why live in a condo when you can call this property home! No conveyance of offers prior to 3 PM May 17, 2022. (id:2493)
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We are very excited to share our new listing at 2083 HELENE CAMPBELL ROAD in Ottawa.
Welcome to this stunning 4 bed, 2 car garage detached home by Tartan, located in heart of Barrhaven. 2680 sqft(AG), finished basement and former model home loaded with tons of upgrades. The main floor features beautiful hardwood throughout. An open concept eating area, a large upgraded kitchen opening onto the family room with a gas fireplace. Separate formal dining room with two large windows. Additionally, there is a Den/office that also could be used as a bdrm on the main floor. The second level contains a luxurious primary bedroom with a five-piece ensuite, 3 generous sized bedrooms with each of their own walk-in closet, a laundry room, and the main bath. A fully finished basement fits a large rec room & storage. In the John McCrae S.S & St. Joseph HS school boundaries. Walking distance to Costco, Montanas, Lonestar & other shopping amenities. Less than 3 minutes drive to Hwy 416 exit. (id:2493)
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We are very excited to share our new listing at 53 PONDHAWK WAY in Ottawa.
Welcome to 53 Pondhawk Way, a wonderful 4 bedroom, 4 bath 3200+ sq ft home on a premium pie shape lot! The entertainment sized main floor with living, dining and a great room is centred by a huge kitchen where family and friends can gather. Upstairs, escape to the privacy of the primary bedroom with 2 walk-in closets & an ensuite. Bedroom 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 with its own walk-in linen closet. The basement is unspoiled and is ready to be finished with another full bath and even more living space! All this is located in one of Ottawas best family neighbourhoods just steps from schools and recreation. Make this your new address now! Offers to be presented at 2 PM May 16, 2022, however, Seller reserves the right to review and may accept pre-emptive offers. (id:2493)
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We are very excited to share our new listing at 341 CAMBRIDGE STREET N in Ottawa.
Modern Turn-key Triplex located in West Centre town. These one bedroom loft apartments offer 11 foot ceilings, high end quality Kitchens with quartz counters and in unit laundry. Oversized windows for very bright and open units. 2 car parking. All units come with fridge, stove, washer and dryer. 24hr notice to tenants for all showings. (id:2493)
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Members of the Ottawa Real Estate Board sold 1,889 residential properties in April through the Board’s Multiple Listing Service® System, compared with 2,394 in April 2021, a decrease of 21 per cent. April’s sales included 1,419 in the residential-property class, down 23 per cent from a year ago, and 470 in the condominium-property category, a decrease of 13 per cent from April 2021. The five-year average for total unit sales in April is 1,849.

“With the number of transactions just slightly over the 5-year average, this was one of the weakest performing Aprils we have seen in a while,” states the Ottawa Real Estate Board President. “Considering that the number of new listings increased last month, it is a bit of a surprise that sales were off.”

“Certainly, there are a few factors at play: rising interest rates, growing Buyer frustration, April’s cooler temperatures, as well as the housing supply measures recently announced by the government – these could all be causing Buyers to pull back with a wait-and-see approach. We are watching the rest of the spring market closely to determine if this could perhaps be an early indicator of a shift in the market. Since April is only one month, we will be monitoring to see if it becomes a trend moving forward.”

“The fact remains that it is still a Seller’s market with supply under one month. Bidding wars and multiple offers persist in some pockets, prices continue to rise, albeit more moderately, and the market remains relatively strong."

The average sale price for a condominium-class property in April was $473,702, an increase of 11 per cent from 2021, while the average sale price for a residential-class property was $829,318, increasing 12 per cent from a year ago. With year-to-date average sale prices at $830,588 for residential and $469,603 for condominiums, these values represent a 13 per cent and 12 per cent increase over 2021, respectively.*

“Limited supply and high demand will continue to place upward pressure on prices. And as long as there are buyers willing to pay, average prices will reflect the inventory shortage. However, it is conceivable that price growth may moderate as we do not see the level of price escalations that occurred earlier in the pandemic."

“Although the number of new listings in April (2,846) was down by 11% from 2021, the number of properties that entered the market was still 10% over the 5-year average (2,600), and 214 units more than what was added to the housing stock in March. This has increased Ottawa’s months of inventory to just under a month’s supply. In March, it was just over two weeks. This is good news for potential buyers as they will have more options and more opportunities to enter the market.”

“In fact, the condominium market may be performing slightly better than residential property classes due to the fact that they are the most affordable price point to enter the market and could possibly now be considered the new entry-level property type.”

“We have also noticed a marked increase in the number of rental properties listed on the MLS® System. Since the beginning of the year, OREB Members assisted clients with renting 1,786 properties compared to 1,458 last year at this time. An increase of 23% and almost double the quantity recorded in pre-pandemic years. As for lease prices, the average cost for a 1-bdrm is approximately $1,850, and a 2-bdrm is $2,200 for rentals listed on the MLS® System. These values are roughly 3-4% higher than this time in 2021. Ottawa REALTORS® are an excellent resource when it comes to finding a rental property or vetting tenants – contact one today!”

Courtesy of the Ottawa Real Estate Board

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We are very excited to share our new listing at 72 BARRETTE STREET UNIT#1 in Ottawa.
A cozy and spacious 3 bedroom apartment unit. Monthly rent covers water, hot water tank rental and heating, tenants only pay for hydro!! Comfortable living space, room to work from home, and includes a cozy ground level patio with a welcoming backyard to relax and get some fresh air! Conveniently located next to various amenities such as grocery stores, convenience stores and public transit. The downtown core is easily accessible from this convenient location, by car or public transit. Come today and see this unit for yourself, and explore the possibilities!! Available to rent right away! Landlord prefers no pets. (id:2493)
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We are very excited to share our new listing at 162 RUTHERFORD COURT in Ottawa.
Welcome to 162 Rutherford Court, an affordable 3 bedroom, 2 bathroom condo townhome in Beaverbrook - perfect for first time buyers, investors or downsizers! With over 1400 sq ft this home is surprisingly large & has tons of potential! The main floor consists of an entertainment sized living & dining room, a sunny kitchen eat-in area and a convenient powder room. The 3 bedrooms on the second floor are generous as is the full bathroom! The unfinished basement is a blank canvas waiting for your design! The fenced backyard is private & backs onto green space! No grass to cut or snow to shovel; the condo covers exterior maintenance and includes water/sewer. There are 2 convenient parking spots included. Affordable NG furnace (2020) & A/C (2008). Fantastic location close to transit, shopping, restaurants, schools (Earl of March and Stephen Leacock) & quick access to 417. No conveyance of offers prior to 3 PM April 26, 2022. Book your showing now! (id:2493)
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We are very excited to share our new listing at 541 CHURCHILL AVENUE N in Ottawa.
LIKE NEW! SHINY BRIGHT AND BEAUTIFUL. Great WESTBORO location. Steps to luluemon, Dovercourth Comm CTr. Nepean HS, Broadview PS. enjoy Westboro Village in the summer. Zoned for commercial and residential uses. Right on the bike path. 2 bedroom lower in-law suite has a separate entrance and could be used for business or as a Air B&B. Renos and updates include: New Kitchen from Deslaurier, 4 renewed and updated baths, new roofing, new windows, new and refinished floors, fresh paint, new appliances, new lighting etc. The trees provide shade and privacy in the yard. (id:2493)
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We are very excited to share our new listing at 13 DARVOY MEWS in Ottawa.
Beautiful Caivan Built Home in the sought out neighbourhood of Chapel Hill. This 3 bedroom, 3 bathroom home is filled with modern finishes throughout. Featuring an open concept style living space on the main level. Stainless Steel appliances and shaker style cabinetry in the sun lit kitchen which also includes a large island, perfect for food preparation and breakfast seating. Additional walk-in pantry to add to this kitchen's storage space. Upper level leads you to a spacious hallway giving access to the 3 bedrooms including a Primary bedroom with it's own 3-piece en-suite bathroom. Fully finished basement is perfect for relaxing and entertaining guests. Video tour and 3D Virtual tour available. No conveyance of any written offers prior to 5:30pm on April 19th 2022. (id:2493)
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We are very excited to share our new listing at 1651 MONTREAL ROAD in Ottawa.
Come and explore this space available for lease which can be configured for various professional practice offices, or retail setups. Great frontage with large windows to welcome your workday with lots of natural light, flexible zoning, includes ample parking, great street visibility and conveniently located to attract customer traffic at this bustling intersection! An attractive all inclusive rent structure where the rent covers all utilities. (id:2493)
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