REAL ESTATE NEWS


Video Chat Platforms: Social Interaction During Social Distancing

The onset of the global COVID-19 pandemic has created changes and challenges in the way we conduct our normal daily activities. While we used to enjoy taking a break from the busy world outside of our homes, we are now being asked to make that break our new reality by staying inside and practicing social...

What style of House are you?

Have you ever wondered what type of neighbourhood best resonates with you? Buying a home is an exciting time for new, and there are so many choices when it comes to housing styles, are you a bungalow, a stacked condo, a single-family dwelling? Each of these styles of homes can be found in neighbourhoods with...

Ottawa Real Estate Snapshot March 2020

Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols  are in place to ensure public safety in this new reality.  As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology...

Is the right time for us to purchase Real Estate?

Is the right time for us to purchase Real Estate? The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes.  While millennials have lower...

What You Need to Know About Cannabis Legalization in the Housing Market

Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations...

Buying your first home in Canada – What you Need to Know

One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the...

Owning versus Leasing

It is essential for a business that they find the right location to set up their business and to decide whether to buy or lease a location. There are advantages and disadvantages to both. You will need an experienced commercial REALTOR®, an accountant and a lawyer working together to help you make the right decision...

Ottawa Real Estate January 2020 Highlights and Statistics

Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase...

Commercial Property …Not without a realtor

Have you ever considered owning, investing or leasing commercial real estate? Commercial real estate is defined as any non-residential property used for commercial profit-making purposes. It includes; office, retail, industrial, institutional, land, multi-family residential, and hotel/motel properties. All aspects of acquiring or leasing a commercial property are much more complicated than residential and require a...
Ottawa real estate stats 2019

Ottawa Real Estate Market Snapshot

Ottawa Real Estate Highlights December 2019 Record-Breaking 2019 Closes Out Decade Another record breaking year in both the number of sales & average prices! The average sale price of a residential property crept up over $500K during several months in 2019, with the annual average sale price settling at just below $490,000. As we head...

Beyond the Sign: Price It Right

When a home is listed, it needs to be at the right price in order to ensure that you get what you deserve for your home. There are a lot of factors that go into pricing a home and your Royal LePage Team Realty agent will help guide you through the process to ensure a...

Beyond the Sign: Knowledge

LEARN MORE ABOUT THIS PROPERTYProperty DetailsRoom DimensionsMortgage CalculatorMapProperty Details Room DimensionsMortgage CalculatorMapLOOKING FOR SOMETHING SPECIFIC?   LET ME KNOW AND I'LL FIND IT FOR YOU...

Beyond the Sign: Marketing

LEARN MORE ABOUT THIS PROPERTYProperty DetailsRoom DimensionsMortgage CalculatorMapProperty Details Room DimensionsMortgage CalculatorMapYOU MIGHT ALSO LIKE THESE LISTINGSLOOKING FOR SOMETHING SPECIFIC?   LET ME KNOW AND I'LL FIND IT FOR YOU...

Real Estate Market Snapshot: Hot Market in a Scorching July

LEARN MORE ABOUT THIS PROPERTYProperty DetailsRoom DimensionsMortgage CalculatorMapProperty Details Room DimensionsMortgage CalculatorMapYOU MIGHT ALSO LIKE THESE LISTINGSLOOKING FOR SOMETHING SPECIFIC?   LET ME KNOW AND I'LL FIND IT FOR YOU...

What's in a Name? A Street Name That is….

Have you ever gone for a walk around your neighbourhood and stopped to think where the street names may have come from? In Ottawa alone, there are almost 10,000 unique names for streets and this number grows almost every day! Street names come from a variety of sources and can have significant meaning or none...

O Canada – Bring Some Canadian Style Home

Every July, Canadian’s come together to celebrate our amazing country but now that the fireworks are over, you can show your Canadian pride at home. There are many options for decor that is truly Canadian; whether it’s iconic and historic brands or patterns and imagery, there is something for everyone when it comes to Canadian...

Market Snapshot: June 2019 Ottawa Real Estate update

Market Snapshot: June 2019 Ottawa Real Estate update. Condo Sales Continue to Dominate Resale Market | Ottawa Residential Average Sale Price Climbs over $500K for the first time ever!...

Canadianisms Around the Home

On Canada Day, we must take a moment to think about what makes us truly Canadian. Put on your thinking toque, grab a caesar, double-double, or pop, while we consider some of those truly Canadian terms that we use around the home almost every day. But fear not, there’s no need to cause a kerfuffle;...

Ottawa's Eco-Friendly Communities to Watch

While lots of work is being done at all levels to ensure that the City of Ottawa as a whole is as eco-friendly as possible, there are a few communities that are leading the way. Everyone can make a difference, no matter where you live, but these neighbourhoods were designed with the environment in mind...

Little Ways to Make a Difference

10 Tips for a More Eco-Friendly Home Being eco-friendly doesn’t need to be hard or even expensive. There are little things that we can all do around the house that can have a significant impact on the environment. It doesn’t need to happen overnight but every step counts in the journey towards preserving our planet...

Eco-Friendly Listing of the Future

What would an eco-friendly dream home of the future look like? Here’s what we imagine! While it is great to dream, check back next week for great ideas of things that you can do in your home to make a difference. Welcome home to the eco-friendly home of your dreams! Upon first glance, this home...

Ottawa Real Estate: May 2019 Market highlights

Highlights: Total properties sold : 2,423 in May through the Board’s Multiple Listing Service® System, compared with 2,271 in May 2018, an increase of 6.7 per cent. May’s sales included 1,869 in the residential property class, an increase of 4.6 per cent from a year ago. 554 in the condominium property class, an increase of 14.2...

Why Summer Can Be a Great Time To List Your Home

Everyone knows spring tends to be the real estate "busy season" but that doesn’t mean that you are too late to list your home now that we are coming into summer. Summer can be a great time to list, specifically in the greater Ottawa area. Buyers purchase homes year round and there are certainly advantages...

Importance of Community

The word community can mean different things to different people. It can simply be a name to define a certain geographical area or neighbourhood, or it can mean a lot more. For many people, finding the right community is much more than location; it’s finding a neighbourhood with like minded people, amenities of interest, or...

Post Flood 2019: What to do as the Water Recedes

In the last few weeks, parts of the Ottawa area have seen record flooding and with the water slowly receding, it’s now time to think about the next steps. Whether you are a homeowner affected directly or just want to lend a helping hand, there is still a lot that will need to be done...