April 2020 - Ottawa's CondominiumsOttawa's Condominiums

Monthly Archives: April 2020

Apr

354 Gladstone Ave #605 | Stylish and Trendy 1 Bed, 1 Bath Condo

UNBEATABLE LOCATION – Stylish and Trendy 1 Bed / 1 Bath Condo in the Heart of Downtown Ottawa! This naturally bright corner unit features floor to ceiling windows, high ceilings, in-suite washer/dryer, quartz countertops, and private balcony. Offering a fantastic location – steps to downtown offices, as well as restaurants, coffee shops, grocery, pharmacy, and LCBO along Bank St and Elgin St. Enjoy the buildings wide range of amenities, including outdoor courtyard with BBQ, Party Room/Meeting Room with Projection Screen plus Pool Table and Recreation Center. PARKING INCLUDED. No-pets / No-smokers. 2100/month, first and last month for deposit. Hydro not included. Available July 15th. ***No In-Person Showings Until June 30th due to the nature of current Tenant’s occupation as a health care professional***

Apr

Support Local | Westboro Snapshot

As a local business in Westboro we believe that supporting local during this time is of the upmost importance. If you wanted to take a lunch or dinner off of cooking, here are some of our favourite local spots offering take out and delivery in Westboro:

Glen’s French Fries (Food Truck)
Pure Kitchen – Lunch & Dinner + Wine & Beer Takeout
Lexington Smokehouse & Bar – Dinner + Beer & Wine Takeout
Fratelli Westboro – Dinner + Wine Takeout & Delivery
The Piggy Market – Lunch & Dinner Takeout
The Wellington Diner – Takeout
Petit Bills Bistro – Dinner + Wine Takeout
Thyme & Again – Lunch & Dinner + Takeout & Delivery
The SOCA – Lunch & Dinner + Wine, Beer & Cocktails Delivery
The Foolish Chicken – Dinner Takeout & Delivery

These businesses make our neighbourhood great – let’s support them during this time!

Apr

Our Approach to COVID19

We live in a new world and COVID19 is accelerating it. The Federal, Provincial, and Municipal Governments have all made recommendations on how to slow the spread of the virus. Movement is being limited and some businesses have been forced to temporarily shut down. As housing is a necessity in daily life, the Province of Ontario has deemed Real Estate Professionals to be an essential service to the public.

The team at Digi Brokerage takes COVID19 and the health and safety of our clients and community very seriously. These are challenging times for all of us. Some people need the real estate market to continue to move forward because they are either moving to/from Ottawa or have already committed to a purchase or sale and need to make another one in order to have a place to live.

Thus, we have implemented the following practices:

Holding all nonessential meetings digitally via Phone, Zoom, FaceTime etc.
Executing all documents and contracts digitally
Limiting showings to 30 minutes to reduce the contact with a property
Rescheduling showings to a safer date if clients are unwell or have travelled within the past 14 days
Not holding Open Houses
Limiting the number of showings per day
Not permitting overlapping showings
Promoting handwashing and sanitizing before and after showings
Suspending company events and holding our Buyer Seminars digitally
Offering virtual walk-throughs of listings

As this situation evolves, we are constantly monitoring recommendations from our Government and Health Organizations to adjust our practices.

Our goal is to keep everyone safe while balancing our clients’ real estate needs.

Apr

March 2020 Market Statistics for Condominiums in Ottawa

Have a look at the March 2020 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 355 condominium-class properties in March 2020, a decrease of 5.1% from March 2019.

The average sale price for a condo in Ottawa was $369,311, an increase of 27.3% from March 2019.*

“We are observing what seems to be a continued balanced sellers market during the month of March. The balancing is likely a result of the proportional decreases in both buyers and sellers looking to transact. We assume as inventory continues to decrease the market will hold the pre-covid19 price gains as a result of intense demand over the slim inventory.” – Jeff Mziray

Curious about March 2020 market statistics for residential-class properties in Ottawa as well? Click here to read the full story.

*Average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price and conditions will vary from neighbourhood to neighbourhood.

Apr

470 Barrick Hill | Stunning Kanata Townhouse

Price Reduction: $495,000. Stunning 3 Bed / 2.5 Bath End Unit Townhouse in the desirable neighbourhood of Trailwest with no rear neighbours! Featuring spacious open-concept layouts complete with high-end finishes, large windows for plenty of natural light, and finished basement with 2 storage rooms. Rich dark hardwood floors travel throughout the main level, which boasts an upgraded kitchen with granite countertops and oversized island, large pantry, powder room, as well as a beautiful stone fireplace. Heading to the second level you’ll find a spacious Master Suite with 4-piece ensuite and walk-in closet, two additional nice sized bedrooms, main bathroom, as well as a convenient laundry closet. Enjoy summers in your private and fully fenced backyard, with large stone patio perfect for entertaining. Steps from grocery store, parks, restaurants and public transit. This highly practical and functional townhome will be sure to impress!