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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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New property listed in Ottawa

We are very excited to share our new listing at 844 ATLAS Terrace in Ottawa.
Modern 2 bedrooms 3 bathrooms condo in Blackstone area. Open concept main floor with beautiful laminate flooring, white kitchen with marble countertop and ample size balcony. Second floor features two bedrooms, each bdr is equipped with 3 pc ensuite , walk-in closet. One of the bedrooms has its own balcony. Convenient laundry room with stacked washer and dryer located on the second floor as well. NO front neighbors - facing the park. There is an allocated parking spot. Walking distance to Walmart and many other amenities. No front neighbors. parking nr.73. Mailbox 3 in first compartment. Easy to show. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 1028 HYDRANGEA Avenue in Ottawa.
Beautiful end-unit freehold townhome with HUGE BACKYARD in sought-after Riverside South! Claridge built home with over $40k in upgrades including a premium pie-shaped lot with lots of space for entertaining. Main floor features a bright and open-concept living space including a family room and dining room with beautiful premium hardwood floors. Kitchen features quartz countertops, SS appliances, ample cabinetry, pot lights, and a functional area for breakfast nook. The upper floor has three full-sized bedrooms, main bathroom, and ensuite with a large shower and additional storage space. The basement is fully finished with a modern gas fireplace and laundry. Located in River's Edge community close to the Vimy Memorial Bridge, plaza, shops, future LRT station, gas station, pharmacy, and restaurants. Schools and parks nearby in the neighborhood. OPEN HOUSE SUNDAY, MAY 12, 2024 BETWEEN 2-4PM (id:2493)
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Welcome to TRU Realty - Andree Lamarre

Exciting News: Welcome Andree Lamarre to the TRU Realty Team!

We are thrilled to announce the newest addition to our TRU Realty family: Andree Lamarre! With a passion for real estate ignited at the age of 21 when she purchased her first home, Andree brings a wealth of experience and dedication to our team.

In 2019, Andree transitioned that passion into a successful career, focused on turning dreams into reality for both buyers and sellers alike. Known for her unwavering commitment to client satisfaction, Andree prioritizes personalized solutions delivered with care and integrity.

What sets Andree apart is her dedication to her clients, guiding them through every step of their real estate journey with expertise and a personal touch. We are honoured to have her join our team at TRU Realty, where our mission is to redefine professionalism in real estate.

Andree chose to join TRU Realty because of our commission plan and management style, recognizing our commitment to providing cost-effective solutions without compromising on quality or service.

Please join us in welcoming Andree to the TRU Realty team! We can't wait to see the incredible impact she will undoubtedly make in the Ottawa real estate market.

#TRURealty #NewTeamMember #RealEstate #OttawaRealEstate #WelcomeAndree

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New property listed in Ottawa

We are very excited to share our new listing at 3060 HUNTINGDON Court in Ottawa.
Step into this meticulously well-maintained home, boasting exquisite hickory hardwood and ceramic flooring gracing the main level. The bright and airy living space welcomes you, leading seamlessly to an upgraded kitchen adorned with stainless steel appliances, ample cabinetry, and a cozy dining area. On the main level, you will also discover a generously sized primary bedroom, a secondary bedroom, and a luxurious 4-piece bathroom. The fully finished lower level, offers a versatile recreation area, two additional spacious bedrooms, and a convenient 3-piece bathroom. Outside, indulge in the tranquility of your backyard oasis, complete with a refreshing saltwater pool and a rejuvenating hot tub, perfect for unwinding after a long day's work. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 1586 STITTSVILLE MAIN Street in Ottawa.
Calling on all investors. This is a true investment for you. It is zoned TM9 -Height 15m, think about what you can make out of this large lot. As for commercial uses, the following is a short list of permitted use: animal care establishment, instructional facility, day care, community center, school or training center, place of worship and for residential, it is permitted to build stacked dwelling townhouse dwelling planned unit development. The current building on the property can generate money for you until you finalize your paperwork. Main level is easily rentable at 2350 and lower level at 1300 a month. A retail plaza project with 7 stores was drawn by Razzmal Group Engineering Ltd. This property is zoned TM9 H(15), Traditional Mainstreet with a height maximum of 15m. It is also listed as commercial. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 1586 STITTSVILLE MAIN Street in Ottawa.
Calling on all investors. This is a true investment for you. It is zoned TM9 -Height 15m, think about what you can make out of this large lot. As for commercial uses, the following is a short list of permitted use: animal care establishment, instructional facility, day care, community center, school or training center, place of worship and for residential, it is permitted to build stacked dwelling townhouse dwelling planned unit development. The current building on the property can generate money for you until you finalize your paperwork. Main level is easily rentable at 2350 and lower level at 1300 a month. A retail plaza project with 7 stores was drawn by Razzmal Group Engineering Ltd. This property is zoned TM9 H(15), Traditional Mainstreet with a height maximum of 15m. It is also listed as commercial. ML#: 1389748 (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 61 DROUIN Avenue in Ottawa.
Location, Location, Location This 3 Bedroom Bungalow is only steps away from the Poets Pathway, take a 10-minute walk along the Rideau River Eastern Pathway to the Rideau Sports Centre for lunch and activities or enjoy a 15-minute walk to the Ottawa Stadium to watch a baseball game. Close to so many amenities; Ottawa Train Yards, St Laurent Shopping Centre, Hurdman’s Transit station and so much more. Make this your home with a bright dining/living room and wood-burning fireplace, a nice-sized eat-in kitchen, 3 bedrooms on the main floor, fully finished basement with a wood stove in the large family room. Plenty of storage space a large laundry room and separate electrical and storage rooms. This home requires some updating and painting. Appliances and chattels are as in condition, home is being sold in as in condition. (id:2493)
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