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Posted in Ottawa, Ottawa Real Estate, TRU, TRU Realty, TRU Realty Pro
Welcome to TRU Realty - Sandra Idone

Exciting news is on the horizon as TRU Realty proudly announces the newest addition to our team: Sandra Idone! With a wealth of experience, a keen eye for new infill construction, and a passion for interior design, Sandra brings a unique blend of expertise to our brokerage.

About Sandra Idone:

Sandra has been a seasoned professional in the real estate industry, garnering experience and accolades for her exceptional work in the Ottawa market. Her specialization in new infill construction and interior design sets her apart, making her a valuable asset for clients seeking not just a home but a personalized living experience.

Community Connection:

What truly sets Sandra apart is her deep-rooted connection to the Ottawa community. With a strong network and understanding of the local dynamics, Sandra is well-equipped to serve the diverse needs of our clients. Whether you're a first-time homebuyer, looking to upgrade, or seeking a property investment, Sandra's personalized approach ensures a seamless and rewarding real estate journey.

Why TRU Realty?

Sandra Idone chose TRU Realty for our commitment to professionalism, cost-effective solutions, and efficient management. At TRU Realty, we take pride in offering a supportive environment that empowers our Realtors to excel in their careers. Sandra recognized our dedication to defining professionalism in real estate, and we are thrilled to have her as part of our team.

As we welcome Sandra Idone to TRU Realty, we are confident that her skills, community ties, and dedication to excellence will contribute significantly to our continued success.

Please join us in extending a warm welcome to Sandra as she embarks on this exciting journey with TRU Realty. We look forward to achieving new milestones together and providing unparalleled real estate services to the Ottawa community.

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Posted in Ottawa, Ottawa Real Estate, TRU, TRU Realty, TRU Realty Pro
Ottawa Market Trends December 2023
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 565 units in December 2023. This was an increase of 7.6% from December 2022.

Home sales were 16% below the five-year average and 11.9% below the 10-year average for the month of December.

On a year-to-date basis, home sales totalled 11,978 units in all of 2023 — a decline of 11.0% from 2022.

“Ottawa’s resale market closed out the year in a steady, balanced state,” says the OREB President. “This could be an early indication that consumer confidence is returning. We likely won’t see the full impact of rate stabilization until the second half of 2024, but December’s activity bodes well for a strong year ahead in Ottawa.”

“It hasn’t been the easiest market,” says OREB’s Past-President. “And while we probably won’t return to the peak levels seen in 2022, Ottawa’s market is poised to recover any ground lost in the past year. Both buyers and sellers need extra patience right now, but solid opportunities are there.”

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 $623,900 in December 2023, a modest gain of 2.7% from December 2022.
    • The benchmark price for single-family homes was $704,900, up 2.7% on a year-over-year basis in December.
    • By comparison, the benchmark price for a townhouse/row unit was $481,100, up 4.2% compared to a year earlier.
    • The benchmark apartment price was $417,200, up 2.1% from year-ago levels.
  • The average price of homes sold in December 2023 was $632,487, increasing 1.7% from December 2022. The more comprehensive year-to-date average price was $667,794, a decline of 5.5% from 2022.
  • The dollar value of all home sales in December 2023 was $357.3 million, up 9.4% 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 a major decrease of 12.4% from December 2022. There were 523 new residential listings in December 2023. New listings were 4% below the five-year average and 16.1% below the 10-year average for the month of December.
  • Active residential listings numbered 1,844 units on the market at the end of December, a gain of 3.0% from the end of December 2022.
  • Active listings were 55.5% above the five-year average and 17.2% below the 10-year average for the month of December.
  • Months of inventory numbered 3.3 at the end of December 2023, down from the 3.4 months recorded at the end of December 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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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at 1204 160 GEORGE Street in Ottawa.
See details here
Incredible condo apartment in the Byward Market with a coveted underground 2-car tandem parking spot! With about 1300 sq ft of space, 2 bedrooms, 2 baths & in-suite laundry this apartment feels like a bungalow in the sky! Beautiful views of the Gatineau Hills, Parliament and the Market will entertain you all year round when you are not enjoying the endless opportunities of shopping, dining and entertainment in the most exciting part of the Capital! Enjoy a morning coffee or a nightcap on your generous-sized balcony. Walk to work or to the LRT. Building amenities include an indoor pool, gym, private courtyard with BBQs, guest suites, concierge desk & storage locker! Whether urban lifestyle or downtown convenience this unit has everything you can hope for and all at an incredible value! Book your showing now! (id:2493)
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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at 1204 160 GEORGE Street in Ottawa.
See details here
Incredible condo apartment in the Byward Market with a coveted underground 2-car tandem parking spot! With about 1300 sq ft of space, 2 bedrooms, 2 baths & in-suite laundry this apartment feels like a bungalow in the sky! Beautiful views of the Gatineau Hills, Parliament and the Market will entertain you all year round when you are not enjoying the endless opportunities of shopping, dining and entertainment in the most exciting part of the Capital! Enjoy a morning coffee or a nightcap on your generous-sized balcony. Walk to work or to the LRT. Building amenities include an indoor pool, gym, private courtyard with BBQs, guest suites, concierge desk & storage locker! Whether urban lifestyle or downtown convenience this unit has everything you can hope for and all at an incredible value! Book your showing now! (id:2493)
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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at 234 LONGFIELDS Drive in Ottawa.
See details here
Welcome to this rare 3-bed, 3-bath semi-detached with a DOUBLE car detached garage in Longfields! Step into elegance with hardwood floors gracing the formal living and dining areas. The cosy family room, complete with a gas fireplace, is the perfect spot to unwind. The heart of the home is an open-concept kitchen with stainless steel appliances, ideal for both everyday living and entertaining. Convenience meets luxury with second-floor laundry and plenty of storage plus a spacious primary bedroom and ensuite bath. The lower level boasts a finished rec room and lots of storage. This home is light & bright! Enjoy the convenience of living close to all amenities. Don't miss the chance to make this exceptional property your new home! (id:2493)
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Posted in Athens Real Estate
New property listed in Athens

We are very excited to share our new listing at 901 WILD ROSE Lane in Athens.
See details here
Welcome to 901 Wild Rose Lane on beautiful Charleston Lake! This West facing 4 season cottage allows you to enjoy the beautiful sunsets all year round. The large docks provide plenty of room to swim, fish and to entertain family and friends. The cottage was completely renovated in 2018/2019 leaving nothing to do but to move in and enjoy! This open concept cottage boasts a vaulted shiplap ceiling in the living room, a custom kitchen with stone countertops, a large island and stainless steel appliances. Enjoy the spectacular lake view through the large windows and 12 ft patio door that opens out to the beautiful interlocking patio installed in 2023. This two bedroom cottage is equipped with a full bathroom and a washer & dryer. The bunkie is just steps away from the main cottage and is fully insulated and heated. The cottage includes a tankless hot water heater, a propane forced air furnace and central air conditioning. Septic system - pumped and inspected in 2023. (id:2493)
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Posted in Ottawa, Ottawa Real Estate, TRU, TRU Realty, TRU Realty Pro
Welcome to TRU Realty - Michelle Lawn

We are thrilled to announce the newest member of our TRU Realty family, Michelle Lawn! As a dynamic and seasoned real estate professional, Michelle brings a wealth of experience and a unique perspective to our brokerage.

About Michelle Lawn:

Michelle is not just a real estate sales professional; she is a dedicated member of the Ottawa, Ontario, and Canadian real estate boards. Her journey into real estate started after spending years in the fashion industry. Michelle initially dipped her toes into the real estate world by handling personal transactions for herself and her family. The experience ignited a passion that led her to transition into real estate full-time.

Beyond her professional achievements, Michelle is an active community member in Barrhaven and a devoted mom to two vibrant boys. Her commitment to community and family values aligns seamlessly with TRU Realty's core principles.

A Commitment to Clients:

What sets Michelle apart is her unwavering dedication to her clients. She prides herself on her ability to find the perfect place to call home for her clients. Michelle's commitment extends beyond the transaction process – she is there for her clients every step of the way. Even after the deal is done, Michelle remains accessible for any questions or concerns, exemplifying the level of care and attention TRU Realty stands for.

Why TRU Realty:

Michelle chose TRU Realty for its outstanding management and unwavering commitment to professionalism in the real estate industry. At TRU Realty, we believe in defining professionalism in real estate, and Michelle's decision to join us is a testament to the value we bring to our team members.

Join Us in Welcoming Michelle Lawn:

We are excited to have Michelle on board as an active and professional Realtor. Her passion for real estate, dedication to clients, and alignment with TRU Realty's values make her a perfect addition to our team.

Please join us in extending a warm welcome to Michelle Lawn! We look forward to the continued success and growth that she will undoubtedly bring to TRU Realty.

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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at 151 PICTOU Crescent in Ottawa.
See details here
Spacious end unit in Stittsville South. Oak End Mattamy model offers wide plank engineering flooring, big windows with plenty of natural light, classical white kitchen with black granite counter tops. Huge laundry room conveniently located on the second level. Freshly painted and professionally cleaned. Excellent location close to Walmart and other shopping plazas. Rental application, Equifax credit report and employment proof are a must. (id:2493)
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Posted in Ottawa, Ottawa Real Estate, TRU, TRU Realty, TRU Realty Pro

We are thrilled to announce the newest addition to our team at TRU Realty, Ihab Salah, a high-touch REALTOR® with an exceptional reputation in the Ottawa real estate market.

**About Ihab Salah:**
Ihab is renowned for his extensive market knowledge and unparalleled dedication to his clients. His success is built on positive referrals, a testament to the trust and satisfaction he consistently earns from those he serves. Ihab distinguishes himself by working tirelessly on behalf of his clients, providing candid advice that reflects his commitment to their best interests.

**Why TRU Realty?**
Ihab has chosen to join TRU Realty because of our commitment to professionalism and unwavering support for our agents. At TRU Realty, we understand the value of fostering a collaborative and supportive environment, and we are confident that Ihab's skills and dedication will complement our team seamlessly.

**Join Us in Welcoming Ihab Salah:**
We invite you to join us in extending a warm welcome to Ihab Salah. His addition to our team strengthens our commitment to providing top-notch real estate services in the Ottawa area.

As we continue to define professionalism in real estate, Ihab's expertise and client-centric approach align perfectly with the values that TRU Realty holds dear. We are excited about the contributions Ihab will make to our brokerage and the positive impact he will have on the real estate experiences of our clients.

Feel free to reach out to Ihab Salah for all your real estate needs in Ottawa, as he embarks on this new chapter with TRU Realty.

Welcome aboard, Ihab!

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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at 1 127 THIRD Avenue in Ottawa.
See details here
Amazing offer in the heart of The Glebe! Beautiful, renovated, fully furnished unit, is move in ready! This one bedroom one bathroom unit with all utilities included! Just bring your internet and move in. The living room includes a couch, TV, coffee table, glass dining table with chairs, kitchen with Fridge, Stove, Dishwasher, serving bowls, plates, cups, cutlery, Washer, Dryer, Bedroom with bed with Night stands and lamps. All window coverings are included too. Window air conditioning unit is available for the hot season. Parking could be provided with a separate lease agreement for $150. (id:2493)
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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at C2 120 TERENCE MATTHEWS Crescent in Ottawa.
See details here
Discover the prime location for your business expansion in Kanata South business park with this meticulously crafted Executive Office, offering 1,400 Sq. Ft. of space. The open layout, high ceilings, and abundant natural light create an inviting atmosphere, complete with a reception area, a spacious boardroom, three office rooms, and fully updated kitchenette and a private washroom. Effortlessly customize and transform this space up to five distinct rooms tailored to your business needs. Whether you're a law firm, dental practice, a tech start-up, or any start up, this adaptable space awaits your immediate occupancy. Nestled within walking distance of top-tier amenities, like banks, bus stops, restaurants, and bike and walking trails, this location suits all work and lifestyle. It's a space where simplicity meets sophistication, perfect for your business. Three reserved parking spots and shared visitor parking. Tenants cover extra costs - condo fees, taxes, and utilities. (id:2493)
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Posted in Ottawa Real Estate
New property listed in Ottawa

We are very excited to share our new listing at C2 120 TERENCE MATTHEWS Crescent in Ottawa.
See details here
Discover the prime location for your business expansion in Kanata South business park with this meticulously crafted Executive Office, offering 1,400 Sq. Ft. of space. The open layout, high ceilings, and abundant natural light create an inviting atmosphere, complete with a reception area, a spacious boardroom, three office rooms, and fully updated kitchenette and a private washroom. Effortlessly customize and transform this space up to five distinct rooms tailored to your business needs. Whether you're a law firm, dental practice, a tech start-up, or any start up, this adaptable space awaits your immediate occupancy. Nestled within walking distance of top-tier amenities, like banks, bus stops, restaurants, and bike and walking trails, this location suits all work and lifestyle. It's a space where simplicity meets sophistication, perfect for your business. Three reserved parking spots and shared visitor parking. Tenants cover extra costs - condo fees, taxes, and utilities. (id:2493)
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