Welcome to ottawahomesandcondos.com
We believe an informed client is strategic to the buying or selling of a home on the real estate market here at Ottawa Homes and Condos. Please feel free to explore this site for any of our houses/condos for sale, or our rentals. You will find current market information as well as access to all real estate listings in the Ottawa region. Our Condo Info section updates you on sales of condos in major buildings in the city of Ottawa and their real estate locations. If you have questions regarding real estate housing; condo or residential sales, please contact us.
Keeping you INFORMED:
City of Ottawa faces biggest urban overhaul in a half century
Zibi, Icon, Lansdowne, Lebreton Flats, LRT, Waterridge Village, NAC, Rideau… Ottawa… What a place to live?
Canadian cities are no strangers to boneheaded urban planning decisions — the Gardiner Expressway blocking access to Toronto’s waterfront, Montreal’s crumbling Turcot interchange, space-sucking viaducts in Vancouver.
But imagine hiding a magnificent waterfall in your downtown core. Take a bow, Ottawa.
“I would think across the country that most people don’t even know what the Chaudiere Falls are,” said Ken Gray, publisher of the popular city blog The Bulldog.
The falls, where a whitewater tempest of the Ottawa River cascades over terraced rocks, has been dammed for hydroelectrity and is also blocked by dozens of empty buildings left over from the lumber and pulp and paper era.
“In its day, before they dammed it and did various things to it, it was an incredibly impressive waterfall, almost a cross between rapids and waterfall.”
Property Management and Rentals
We are also involved in residential property management in Ottawa. We deal directly with clients who want to list their property to rent, and also who need a property manager.
August: Not slow for Realtors; Not slow for Buyers – A record breaking month!
There were 295 sold in August 2016 as compared to 260 condos in 2015, for the same month. An increase of 13.5% in number of condo units sold! Wow. What a huge bump in units sold!
The average sale price of a condo was $272,166 in August 2016, compared to an average sale price of $244,917 in 2015 for the same month. An 11.1% increase over the same time last year.
There were 1,189 residential houses sold in August 2016 as compared to 1,016 in August 2015. An increase of 17% in the number of houses sold in the resale market in Ottawa!
“Average sale prices have been keeping steady all year…. (but) this has been the best August ever on record for OREB members“.
The average sale price, of a residential home, for August 2016 was $389,786 compared to an average sale price of $380,105 in 2015 for the same month. A 2.5% increase. From strength to strength for the residential market in Ottawa.
The $300,000 – $400,000 price range continues to have the highest concentration of properties sold followed by the $200,000 to $300,000 range. REALTORS assisted in renting over 2200 properties since the beginning of the year.
Ottawa is one of the most stable real estate markets in Canada. Prices remain steady in Condos, residential units and multi-units, although volume is experiencing slight declines, particularly in condo sales. Re-visit Ottawa Homes and Condos for all the latest updates! We have some great listings on our featured listings page; New real estate listings on the market!
Given excellent mortgage rates and flat pricing, this is an excellent time to emerge onto the market. Looking for a home? Please contact us. We want to be your agents! 613-237-2567 or 613-298-5101.