Tag: Ottawa

You may have heard of the Southminster Condos, a future development to be built at 15 Aylmer Avenue. The development by Windmill Developments has had its name changed to Stone Abbey Condos. Stone Abbey Condos will feature condos and town houses in the beautiful Old Ottawa South, just steps from the canal.

To learn more about the development, visit the building page here.

Stay tuned for future news as the development continues its construction.

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4 bedrooms | 4 bathrooms | 2 car garage

Price: $1,148,800

Absolutely breathtaking custom-built waterfront home in the prestigious Woodstream community. Enjoy resort style living with your own backyard beach at this spacious 4-bedroom 4-bathroom home. The main level is made up of a 2 storey living room with a stone surrounded fireplace, home office, 2 separate mudrooms at each end of the home, formal dining room as well as a stunning eat in kitchen. The gourmet kitchen includes a breakfast bar, tons of counter and cabinet space, granite counter tops, large walk in pantry as well as a butler’s pantry. Grand primary bedroom overlooks the beach with its own private balcony, walk in closet and spa inspired 5-piece ensuite with glass shower, double sinks and roman tub. All bedrooms are very spacious and have direct access to bathrooms. The 2nd bedroom has its own ensuite and the 3rd and 4th bedrooms have a jack and jill bath between them. The 2nd bedroom provides a great option for live in nanny quarters. Fully finished lower level includes a home theatre, family/rec room, and bonus room that could be used as a gym or additional bedroom. The massive backyard is an absolute dream with the private beach, large deck and fire pit. Association fee includes access to the Woodstream Community Center which provides tennis courts, and in ground pool and community building.

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

Members of the Ottawa Real Estate Board sold 279 condominium-class properties in May 2020, a decrease of 49% from May 2019.

The average sale price for a condo in Ottawa was $343,589, an increase of 15.5% from May 2019.*

Curious about May 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.

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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:

  1. Holding all nonessential meetings digitally via Phone, Zoom, FaceTime etc.
  2. Executing all documents and contracts digitally
  3. Limiting showings to 30 minutes to reduce the contact with a property
  4. Rescheduling showings to a safer date if clients are unwell or have travelled within the past 14 days
  5. Not holding Open Houses
  6. Limiting the number of showings per day
  7. Not permitting overlapping showings
  8. Promoting handwashing and sanitizing before and after showings
  9. Suspending company events and holding our Buyer Seminars digitally
  10. 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.

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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.

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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!

 

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Charming condominium Townhouse with 3 Bedrooms, 1.5 Bathrooms & Garage. Lovely tree lined road in Blackburn Hamlet, a unique suburban community, within easy access to downtown Ottawa and surrounded by protected green space. Caringly presented with designer paints, smart drapes, blinds and stylish flooring. Bright, airy ground floor with convenient layout of Entrance Hall, Powder Room and spacious Living Room, leading to Dining Room and Kitchen. Modern kitchen has two-toned cabinets and stainless-steel appliances. Upstairs floor has 3 good sized, carpeted bedrooms and tiled, full bathroom. Finished basement with laminate flooring, pot lights, Laundry Room with appliances, Storage Room with shelving and large Recreation Room. Rear has pleasant interlock patio and fully fenced backyard. Front has attached garage and additional driveway parking. Walking distance to shops, parks, library, schools and public transit. Ideal for first time buyers, families, downsizers or investors.

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At Ottawa’s Condominiums, we believe in educating our clients in all things condos. One of the ways we do this is through our in-house seminars, packed full of valuable insights and data. We hope you can join us for our next Condo Buyer Seminar on April 23, 2020. Please register below.

 

 

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New Development at James Street Pub

The historic James Street Pub closed its doors in 2019. Developer Urban Capital and architect Toronto’s RAW Design are in charge of a new development that is currently in pre-construction and will be located at 390 & 394 Bank St and replace the James Street Pub. The James Street Pub has been at its Bank Street location under various names for more than three decades. A red-brick residential and commercial development is expected to be built where the Pub currently stands. The residential part is expected to be nine stories high and contain 55 one-bedroom units and 73 two-bedroom units. The underground parking garage would include 2 levels with 64 parking spaces as well as 72 spaces for bikes. The ground floor commercial space is expected to have ~7,000 square feet of space. The proposal also calls for a rooftop swimming pool and outdoor amenity area. The ground floor of the residential part could also include a party room and a fitness facility. The project is expected to be complete in 2023. To learn more about this up and coming development, click here.

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

Members of the Ottawa Real Estate Board sold 222 condominium-class properties in January 2020, an increase of 6.7% from January 2019.

The average sale price for a condo in Ottawa was $338,077, an increase of 19.1% from January 2019.*

The average price for condos was 8.8% higher from last month.

Curious about January 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.

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