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Welcome to TRU Realty - Marina Karshuli

We are thrilled to announce that Marina Karshuli has joined TRU Realty!

Marina believes every home is unique and recognizes the same is true of every homeowner and with that mindset she approaches working with her clients. In just a few short years, Marina has gone from a newly licensed Realtor to one of the top agents in the city! Clearly, her efficiency, responsiveness and knowledge has earned her many clients trust!

When Marina chose to make TRU Realty her new brokerage, we were TRUly honoured! 

We encourage all Marina's clients, friends and family to contact her for all their real estate needs!

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Welcome to TRU Realty - Sophia Choroshansky

We are really excited to announce that Sophia Choroshansky has joined TRU Realty! 

Sophia has established herself as one of the top Realtors in Ottawa! Her no-nonsense approach, integrity and competence have attracted hundreds of satisfied clients and she is very proud of the relationship she has developed with them. In each transaction, she endeavours to make the experience a painless and pleasant journey so her clients can make the best decision for their families!

Sophia recognised that her level of service is enhanced by the great team of people surrounding her. In that regard, we were honoured to have Sophia join TRU Realty! The values that Sophia exemplifies are the same that our brokerage appreciates. 

We echo Sophia's own invitation to her clients, family and friends: "It would be my pleasure to help guide you along your personal journey to success!"

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New property listed in Ottawa

We are very excited to share our new listing at 728 LOGPERCH CIRCLE in Ottawa.
Gorgeous Pristine END unit, loaded with tons of upgrades in desirable half Moon Bay! Unit comes with IN-LAW SUITE in the fully professionally finished basement! Main floor offers an OFFICE/DEN that can be converted into a 4'th bedroom, quartz countertops in the kitchen, hardwood flooring, a beautiful fireplace and plenty of pot lights. Lower level contains a recreation room, exercise room that is equipped with electric fireplace, second laundry ( 2 washing machines, 2 hood fans, 2 dishwashers are included) , full bathroom with a stand-up shower and a kitchenette. Perfect for in-laws and teenagers. Extended driveway. Spacious fully fenced backyard has patio tiles and functional custom made shed/storage. BQ is included. Close proximity to all amenities incl Minto Rec Centre, Parks, Transit and Schools. 24 hours irrevocable on all offers. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 614 LOUIS TOSCANO DRIVE in Ottawa.
The legendary Manhattan/Hampton town home model by Minto, 1876 sqf of open concept living space, warm welcoming foyer, gleaming hardwood thru out main, distinct spiral hardwood staircase, spacious living, dining, and commodious secondary bedrooms, master bedroom retreat featuring 4PC ensuite bath w/desirable roman "soaker" tub, private walk-in closet. Basement level boasts the great family room with large windows, and the cozy fireplace. Peaceful family oriented neighborhood. Steps from transit buses, shopping, the picturesque Minto Ponds and Aquaview Park. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 43 CASPIAN ROW in Ottawa.
Beautiful newer townhouse with a lot of great features and upgrades. Bright kitchen with quartz counter tops. No carpets on the main floor, wooden stairs, oversized fenced backyard, upstairs laundry, good size bedrooms. Great location, close to many amenities - Walmart, Cardel recreation center, parks, etc. Paint touch ups will be done towards closing date. Tenants are moving out end of September. 24 hours notice for showings due to tenants (id:2493)
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Welcome to TRU Realty - Gisele Pethick

We are very excited to welcome Gisele Pethick to TRU Realty!

Gisele has enjoyed a long career in the real estate industry both in administration & sales. In 1999, she started her first position as a real estate office receptionist for a busy Ottawa office. From there she transitioned into an admin assistant, to licensed sales to deal processing to trade approvals to brokerage accounting and even brokerage management! That vast and varied experience is a unique and incredible asset that Gisele has gladly shared with colleagues and clients to assist them in their real estate goals!

Gisele was attracted to TRU Realty's management and dedication to professionalism in the industry. In return, we are thrilled to benefit from Gisele's integrity, honesty and loyalty, qualities that TRU Realty stands for. We are honoured to know Gisele chose TRU Realty as her real estate brokerage!

On behalf of Gisele, we invite all of her past clients, family and friends, to contact her with any and all their real estate needs!

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New property listed in Ottawa

We are very excited to share our new listing at 16 BENCHLAND STREET in Ottawa.
LOCATION! This beautiful home is walking distance to top-ranking schools, food services, parks, Greenbelt trail, and only 700 meters to Fallowfield Station and future LRT. This rarely offered Kingsgate model with 2,100 sq ft of spacious and bright space, above-average construction quality with pillars, crown-molding, wainscotting, and hardwood floor. Updated kitchen (2021), quartz countertop, designer backsplash, lots of cupboard space. Sun-filled family room features cathedral ceiling and gas fireplace. Three large bedrooms and 2.5 tastefully renovated bathrooms (2021) complete the second floor. Master bedroom features walk-in closet, sitting area and 5-piece ensuite with double sink. 2 car garage. Expansive backyard with mature tree and interlock. Many upgrades: windows (2015), furnace (2015), roof (2014), insulation & air sealing (2021), light fixtures (2021), garage door (2017) and more. This move-in ready home is a MUST SEE! Flexible closing. 48 hour irrevocable on all offers. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 66 NEWBOROUGH CRESCENT in Ottawa.
You don't want to miss this house! Beautiful corner lot house of 4+1 bed, 3.5 bath , in a desired family friendly neighborhood in Barrhaven. Main level features a formal living/dining room with warm colored interior, a family room with a gas fireplace sits adjacent to large kitchen with plenty of natural light and eating area with large windows on a large beautifully landscaped and fenced yard with interlock patio and a very good maintained canopy, makes it a perfect spot for entertaining and gatherings. the main level also includes a powder room, an off garage laundry/mud room with a side outdoor exit. Second level offers a large size master bedroom with ensuite bath, and a large walk in closet, it also includes 3 more generous sized bedrooms and a full bath. The fully finished basement features a family room and a bedroom as well as full bath and plenty of storage. Great location close to shopping, grocery, restaurants and much more! Furnace & A/C 2016, Roof 2010, Windows 2006. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 101 QUEEN STREET UNIT#1105 in Ottawa.
Welcome to reResidences! 1105 unit offers one of the best iconic view on Parliament buildings. The unit offers 9' ceilings, stunning finishes through out. Enjoy luxury living in hotel style building with superior concierge service, Sky lounge, valet parking, fitness room and party rooms, movie theatre, sauna and much more. You'll have all that DT Ottawa core has to offer: great restaurants, new Stolen Goods Cocktail Bar, boutiques, parks and museums, Parliament LRT station is steps away, direct access to Sparks Pedestrian mall and plenty of cultural events. Grocery stores and banks are within walking distance. Can be sold fully furnished. Locker P3-76. Please note that taxes are for interim period. (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 43 CASPIAN ROW in Ottawa.
Beautiful newer townhouse with a lot of great features and upgrades. Bright kitchen with quartz counter tops. No carpets on the main floor, wooden stairs, oversized fenced backyard, upstairs laundry, good size bedrooms. Great location, close to many amenities - Walmart, Cardel recreation center, parks, etc. Paint touch ups will be done towards closing date. «A» tenants are willing to stay. Not holding offers. Fence will be repaired towards closing. 24 hours notice for showings due to tenants (id:2493)
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New property listed in Ottawa

We are very excited to share our new listing at 482 RICHARDSON AVENUE in Ottawa.
Welcome to this Charming and Lovingly updated and maintained family home; Perfect for the discerning buyer looking for a character home. In the sought-after, friendly, and diverse neighbourhood of Woodpark. Perennial gardens, front and back. More space than you think, with 4 bedrooms above grade and 2 and a half baths. Easy walk to shopping, OC Transpo (soon to have 2 LRT stops) and riverside walking and biking trails. Beautiful Stain Glass accent windows. Custom window coverings. Finished basement with full bath. Large shed/workshop with electrical service and built-in dust collection system, perfect for the handyperson. The basement has a walk-out, facilitating the creation of a potential secondary unit for income. Triple pane picture window in dining room. Newer electrical panel with surge protection (2011) Roofing (2015); new kitchen (2018); newly paved drive and interlock (2018); custom shade sail installed (2020); 2021 and NEW FURNACE! Gas Fireplace. 2 fridges! (id:2493)
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Ottawa Market Trends August 2022
Members of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a decrease of 28 per cent from August 2021. The five-year average for total unit sales in August is 1,603.

“August is a traditionally slower month in Ottawa’s resale market ebb and flow cycle due to summer vacations. Compounding the slowdown in market activity, Buyers are uncertain about their purchasing power given impending additional interest rate hikes,” states the Ottawa Real Estate Board President.

“The lightning speed at which homes were selling at the start of 2022 is a thing of the past, evidenced by Days on Market (DOMs) inching closer to that 30-day mark. We have also observed a return to standard financing and inspection conditions and fewer multiple offer scenarios."

Additional figures:
  • The average sale price for a condominium-class property in August was $421,966, an increase of 4 per cent from 2021.
  • The average sale price for a residential-class property was $707,712, increasing 5 per cent from a year ago.
  • With year-to-date average sale prices at $795,978 for residential and $457,771 for condominiums, these values represent a 10 per cent and 9 percent increase over 2021, respectively.*
  • 2,093 properties were listed in August, boosting inventory to nearly 3 months for residential class properties and 2.2 months for condominiums.

“Prices are still rising slightly in some areas, albeit lower single-digit percentage increases, bringing back the moderate price-growth stability that is characteristic of the Ottawa resale market. What happened to prices in 2020 and 2021 was unusual. We are moving towards a balanced market state, where Buyers have choices and Sellers need to ensure they are pricing their properties accurately."

"The informed market knowledge and insight of a licensed REALTOR® is critical to both Buyers and Sellers navigating market shifts. Sellers will want to closely explore with their REALTOR® the best time and price to list their home to optimize a property's days on market. Buyers can use the extra time to work with their REALTOR® on due diligence and finding a dream home that meets their needs within their financial parameters."

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 4,172 properties compared to 3,182 last year at this time.

Courtesy of the Ottawa Real Estate Board

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