Blog

Antoine & Laura Sioufi

“We do so much value your help in the sale of the house. We have enjoyed working with you; your patience and understanding along the way were tremendously appreciated.”

St. Claire Gardens – $359,000

Charming and cozy 2+ bedroom bungalow nestled on a mature and private 50′ x 90′ lot in desirable area, with nearby shops, services, and OC Transpo. Features include hardwood floors, a fully finished and versatile lower level, 4 car parking, and more! 60 day/TBA possession. Great beginnings @ 12 Starwood Road! (more info)

CMHC cools mortgage market with new cap for banks

Canada Mortgage and Housing Corp. is putting a cap on the amount of mortgage-backed securities sold by banks that it is willing to guarantee. A spokesperson with CMHC confirmed media reports Monday that the national housing agency will, effective immediately, limit banks and other mortgage lenders to $350 million worth of new mortgage-backed securities per […]

Applewood Acres – $517,000

All brick 4 bedroom, 3 bathroom home on a mature & private 60′ x 120′ lot! This spacious family home features a large family room addition, new roof shingles in 2011, and new gas furnace & A/C in 2008. Endless renovation possibilities! Original owner! Immediate possession. (more inf0)

Ottawa Real Estate Statistics

The Ottawa Real Estate Board reported 1,339 unit sales in July, a decrease of 2.7% compared with July 2012. The five year average for sales in the month of July is 1,347 units. New listings taken in the month increased slightly by 3.9% compared with July 2012.  The average sale price in July was at $359,551 […]

Steady as she goes – No major fluctuations for Ottawa resales.

Members of the Ottawa Real Estate Board sold 1,339 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,376 in July 2012, a decrease of 2.7 per cent. July’s sales are just below the five-year average of 1,347. “Although the number of residential properties, including condominiums, is down since last year, […]

Westboro – $879,000

Stunning and totally renovated 4+ bedroom, 5 bathroom south-facing semi-detached home in choice location in desirable Westboro, with nearby beach, shops, and services! This family home features hardwood floors throughout all levels, a third floor master retreat, and a fully finished lower level with separate side door entrance. Quality craftsmanship and finishings! Immediate possession. Come […]

Hunt Club Woods – $358,000

Immaculate! Move-in ready 3 bedroom, 2.5 bathroom semi-detached in choice location in desirable Hunt Club Woods. This cheerful family home features a beautifully renovated kitchen, updated windows, & more! Fully fenced and private rear yard! Child friendly crescent! 30 day/TBA poss. Welcome home to 44 Gillespie Crescent! (more info)

Bank of Canada keeps rate and expectations unchanged

The Bank of Canada issued its first policy announcement with new governor Stephen Poloz on Wednesday, and kept the benchmark overnight rate at 1%. Many had expected the introduction of a new governor to set Canada’s central bank on a new course than the one set by Mark Carney, the previous BoC governor. The overnight […]

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