Traditionally most buyers believe that they can save their money by opting to purchase a home in the suburbs rather than paying a higher price for a home downtown. And, in some cases, this may be true. Houses downtown are typically more expensive than a similar home in a suburban neighbourhood, sometimes by hundreds of…
SoHo Champagne by Mastercraft Starwood is a hotel-inspired luxury condominium being built in one of Ottawa’s fastest growing neighbourhoods. This 20-storey tower, located on Champagne Avenue South in Little Italy, is one of several new buildings coming to the area. Little Italy has long been a well-loved community for its many restaurants, groceries, and pubs,…
The Ottawa Real Estate Board has released its MLS sales statistics for September 2013, and reports that the Ottawa real estate market “has started to heat up again”. Sales had decreased in the earlier half of 2013, a result of new mortgage rules introduced last summer. In September of this year, OREB members sold 1,119…
If you’re in the market for an Ottawa condo, don’t feel as if you’re limited to living in the downtown core. Many neighbourhoods throughout the city are experiencing new building developments and Orleans is no exception. Several condo projects are planned for the area, with many already in construction. Located at 310 Centrum Boulevard in…
In Ottawa and throughout the province, many potential buyers are looking to take advantage of their pre-approved low interest rates, and perhaps make a purchase sooner than later. Whether you’re looking for a townhome, a single family house, or a condominium, now may be the time to buy. That means it’s also time to be…
Image from www.montagecondos.ca The Montage is a new condo development by Longwood Builders, located just south of the Billings Bridge Shopping Centre on Bank Street. This Ottawa neighbourhood is already popular for its pockets of residential homes and its quick, easy access to many amenities and beautiful natural escapes. This new condominium community is an…
The Canadian Real Estate Association has reported an increase in expectations for 2013 home sales. In June the organization predicted 443,400 sales for this year, but that number has risen to 449,900 due largely to buyers across the country looking to lock in low interest rates. According to an article published in the Financial Post,…
Image from condo-living-west.com While new condos begin appearing throughout Ottawa’s downtown core at a quicker pace than ever before, Lamb Development’s new condominium project SoBa (“SOuth on BAnk”) is designed to bring new life to the southern stretch of Centretown. The condo is to be located at 203 Catherine Street near the corner of Bank, just…
The Ottawa Real Estate Board recently released its monthly statistics for the month of August, 2013, and reports that while the market has been slow in Ottawa for the majority of the year, “this month’s numbers are quite the opposite”. Members of the Board sold 1,219 residential properties in August of this year, compared to…
image from claridgeicon.com Ottawa will see a changing skyline over the next few years, as new condominium towers are being built throughout the downtown core and its surrounding neighbourhoods. One building, the Claridge Icon, is expected to bring a major change to the look and feel of Ottawa’s Little Italy. Standing at 420 feet tall,…