Posts in Market Update
The Canadian Mortgage and Housing Corporation say that the demand for rentals outpaced supply.
In June of 2017 the Salvation Army announced publicly their intentions to develop the parcel of land at 333 Montreal Road in Vanier as their new location for their multi-purpose homeless shelter. What do home owners think of this announcement and more importantly can this proposed project affect their property values as well as rental rates in the area?
What portion of Ottawa condominiums are owned by investors and rented to tenants?
Looking to purchase a condominium unit as an investment? You've already had a look at the low vacancy rates of condominiums in Ottawa and now want to know about average rents for these types of properties?
Planning a real estate investment? Looking to buy a condominium in Ottawa to rent out to tenants?
Average rent prices across Ottawa vary depending on the neighbourhood and the property type. In 2016 the average rental price of a single detached home was $1,537.
Looking to rent a property but not quite sure where to move to?
Following announcements from Kathleen Wynne and the provincial government in the last weeks, the Toronto real estate market has already seen homes prices cooling since their highs in April of this year.
The Ottawa housing market is hot! Spring has arrived in Ottawa and agents are busy selling properties.
With the Toronto real estate market at a all time record high many home owners and investors are choosing to cash out.
Ottawa's real estate market is heating up. Average home prices for the month of April 2017 rose by 7.9% over April 2016.