While many people once shied away from condominiums, today, this home-owners option is sought out by people of all ages and lifestyles. Condominiums are popping up in all neighbourhoods, with amenities that cater to the needs of people with all types of wants, needs, and abilities. Whether you are a working professional, young family, retiree, live an active lifestyle or require accessibility accommodations, appealing features offered by many of these condominiums are making this home-buyers option an appealing and competitive one. As with the growing market of condominium homeowners, the variety of notable features offered under the fees are growing
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Monthly Archives November 2019
Ottawa Real Estate Snapshot: October 2019
Ottawa Real Estate Snapshot: October 2019 Based on information from on the Ottawa Real Estate Board November 5th, 2019 Properties Sold Total properties sold: 1,607 an increase of 16.9% over October 2018 1,211 in the residential-property class, up 15% over October 2018 396 in the condominium-property category, up 23% over October 2018 The five-year average for October unit sales is 1,319. “New listings are down, inventory remains scarce, and yet more homes changed hands this October than in the past decade and a half,” reports President of the Ottawa Real Estate Board. “It’s perplexing at first; however, when you consider
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Condo Living – Is it right for you?
After a few flat years, the Ottawa condo market started picking up steam in 2016 and continues to be a popular choice for Ottawa buyers today. Lower inventory levels and higher prices in the residential market have helped to increase activity in the condo property class. According to the Ottawa Real Estate Board “September [2019] sales included 436 in the condominium-property category, an increase of 26.4 % from September 2018”. There are many advantages to owning a condo, maintenance is a big one. Typically, condo dwellers have little or no external maintenance. Not only is there no grass to cut
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