While it may often seem that the majority of condominium development takes place in Ottawa’s downtown core, there are plenty of exciting new properties being built in other areas of the city. Near Manor Park, just east of the city’s downtown core, Valecraft Homes Ltd. has begun construction on their latest condo and townhouse development…
According to the City of Ottawa, the new urban park at the Lansdowne Park redevelopment site has been awarded to Ottawa firm D&G Landscaping. The company is based in Greely and has experience with other major reconstruction projects in the city. In a recent article, the Ottawa Business Journal reported that D&G Landscaping submitted the…
The Royal LePage House Price Survey was released earlier this week, and reports that residential home prices have remained steady over the last year in Ottawa. Slight increases are noted for detached homes when compared to 2012 prices, with the average price of a two-storey home increasing by 1.8 percent, and bungalows 1.9 percent. The survey is…
By now many Ottawans are aware of Minto’s condominium developments at Lansdowne in the Glebe.The Glebe is one of the city’s most sought-after neighbourhoods – which may be why some residents have had concerns that the new buildings, the Vibe and The Rideau, would be unwelcome additions to the community. However, for both future and…
How’s the housing market? The Ottawa Real Estate Board has released its monthly sales statistics for June 2013. The report notes that while June sales are “down a bit since last month”, this trend is typical for the transition from May to June, and that in general, residential sales remain steady. For more information, please…
Fixed-rate mortgages are experiencing an increase in rates, according to an article published by CBC News. Royal Bank is just one of several big Canadian banks moving to increase their rates, which is being done as a reaction to higher borrowing costs on the bond market. The rates are closely tied to the bond market, as…