Some 42 new homes will be constructed for disadvantaged and homeless women starting this spring. The new affordable units will go up near Somerset Street and Booth Street. The housing complex, which is being funded with a $6 million grant, will be located at 314 Booth Street. It is being sponsored by community organization Cornerstone/Le […]
Although there are those industry experts that warn against consumer spending and predict that the recession is not quite over yet, the housing market seems to be paying no attention. The Canadian Real Estate Association (CREA) announced that home resales in Canada soared 73 per cent last month from last year; showing the resiliency of […]
Much in line with the Claridge Plaza condos, The Wellington at Island Park is yet another massively popular condo building that has emerged in Ottawa’s super cool Wellington Village neighbourhood. The condo units went on sale sometime last month around 6pm, and the 250-person line wrapped around the block. Some were there to put deposits […]
In a densely built place like downtown Ottawa, room for new real estate development is practically impossible. Many of the new condominium buildings that are popping up around town are the result of a purchase-and-demolish practice that condo developers have to resort to because of the limited building space. The newest proposed condo building has […]
Throughout Canada, and even in Ottawa (where homebuyers are still getting outstanding deals compared to other cities in other provinces), there are signs that the bargain home prices may soon start a shift upwards. Now that the inventory is not as saturated as earlier in the year, and there are not as many homes to […]
Starting July 1, 2010 new homes will become subject to a 13 percent harmonized sales tax. Until now, these properties have been enjoying its exemption from provincial sales tax. The government has tried to balance out the negative reactions by coming up with a rebate of up to $24,000 – or 6 percent on new […]
The Rideau Street project, now in its third phase, which is being facilitated by Claridge Homes was a big hit last weekend as buyers lined to put down $5,000 in exchange for reserving a condo home. After an hour and an a half of the sales commencement, Claridge raised the prices by $10,000. The new […]
We all want to put our best foot forward when putting our condo up for sale. Just like our recent post about DIY projects that increase your home’s value, Ottawa Move has put together some important pointers that you will want to make sure are checked off your list… before your condo gets put on […]
The year-on-year housing prices in Ottawa-Gatineau increased 0.7 percent in September. The improved housing market gave local builders the confidence to raise their prices, according to Statistics Canada. The Ottawa area was one of few to display continued growth, and also showed year-on-year increases along with a faster growth rate than other Canadian markets. Overall, […]
Have you ever wondered what type of do-it-yourself (DIY) projects you can do around the house that may increase the value of your home? The following are projects that you can do yourself, if you are handy, or complete with a little help from someone else. The end result is an increase of anywhere from […]
