Where Are All the Multi-Family Properties at?
Roch St-Georges 4 years ago

Ottawa is known for its stable real estate market. This is why many investors choose to buy investment properties and multi-family residential properties in Ottawa. 

The strong job market and population growth have fuelled the demand for rental units. The low supply of rental properties has recently translated into an increase in average rents across the city.

Ottawa's overall vacancy rate in 2019 was 1.8% according to CMHC. The average rent at the end of 2019 was $1,281 which is an increase o...
Ottawa Saw Home Listings Decline in October
Roch St-Georges 5 years ago

The average price of a residential home in Ottawa has only increased slightly in October 2018 when compared to last year during the same period.

A total of 1,059 transacted on the Ottawa MLS by Ottawa's Realtors®. The average property prices have now reached an average of $449,000 up 5.7% over October 2017.

Average property prices for the condominium-class of properties has now reached an average of $271,350 up only 0.6% over last October.

Inventory of homes in Ottawa is down. At the end of O...
Where are the Ottawa Rentals at?
Roch St-Georges 5 years ago

Ottawa has seen a very busy real estate market this summer. Houses and condos have been selling a rapid paste and we've seen good price growth in most areas of the City. 

Another market that is very heated is Ottawa's rental market! It's a challenge for many to find a rental in our City. From August 1st 2016 to July 31st 2017 there was a total of 3,056 properties that rented through the Ottawa Real Estate Board's MLS. 

When we compare this time period with the one of August 1st 2017 to July 31...
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