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 […]
Tag Archives: ottawa
Neighbours Angry at Proposed Condo Building Development
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 […]
Home Bargain Days May Be Over in Ottawa
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 […]
Frenzy Ensues As Claridge Plaza Condos Go Up For Sale
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 […]
Builders in Ottawa-Gatineau Raise Prices
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, […]
Low Mortgage Rates Fuel Ottawa Home Sales
Housing sales in Ottawa increased 24.7 percent in October, solidifying the market’s status after the turbulence of last year’s economic situation. This shows in the 13.6 percent jump in home prices over last year, bringing the average sale price to $318,655. Condominiums had the most demand, followed by bungalows and two-storey single-family homes, with 1,202 […]
Moving to Canada? Learn About Different Home Types
Canada is a popular place for relocation with over a million immigrants coming to settle here over the past decade. Luckily, Canada has wonderful programs to help new residents get started in their new home, such as ScotiaBank’s StartRight Program. OttawaMove has put together some information on different types of houses found in Canada, as […]
Purchasing a Condo? Know Before You Buy
Many people that purchase condominiums like the lifestyle that it provides, versus buying a house. However, there is more than meets the eye with condo ownership. What are you really buying into when purchasing a condo? Bonnie Wegerich, president of the Calgary Real Estate Board says, “Purchasing this convenient condo lifestyle can be an inconvenient […]
New Affordable Condo Community For Kemptville
Kemptville, a small town about 55km south of Ottawa, will be the new home to 136 condos built by the non-for-profit Options for Homes. The Toronto-based company plans to keep to its mission to sell standard homes at cost to those with low household incomes. The low-rise building project plans to construct the condos within […]
Housing Trend: Curves, curves, and more curves
A new trend hitting new Ottawa-area homes is the “curve.” Curved walls, barrelled ceilings, and curved doors are among the new accents that home builders are using to fuel interest in their houses and floorplans. “We’re very happy with the way the curved-wall features turned out,” says Bill Land, owner of Edmonton-based Land-Kor Homes. They […]