December 5, 2008 : Ottawa resale market balanced, prices still rising

From the Ottawa Real Estate Board website ... Members of the Ottawa Real Estate Board sold 646 residential properties in November through the Board’s Multiple Listing Service® system compared with 890 in November 2007, a decrease of 27.4 per cent. There were 964 sales in October 2008.

Active and ready to enjoy the truly Urban Lifestyle?  SOLD! This one of a kind exclusive condo sets the pace.  Built in 2002 by Domicile, this particular unit was specifically customized and heavily upgraded.  In the past two years another extensive revamp has resulted in stunning living space to suit the lifestyle of the high-powered urban dweller. 

Beautifully upgraded Waldorf Model offers great indoor and outdoor living space in Ottawa's convenient Central Park. One of the largest semi's in the park, on an extra wide professionally landscaped 32' by 101' lot (larger than many of the neighbouring singles). Just $324,900!  -- Sold --

Just a year old, this very cute 1 bedroom condo is in Centretown Westin in trendy Lotus Court. In the heart of Chinatown, 1 block from Little Italy. Beautiful touches include hardwood and granite flooring throughout, a balcony overlooking colourful Somerset Street west, 5 appliances, and underground parking.  Easy transit to both University of Ottawa or Carleton University. $212,900 - SOLD!

Stainless appliances in kitchen.

Just listed! Wonderful investment opportunity in trendy Hintonburg.  The easy to maintain 4plex at 88 Fairmont Ave is just $374,900.  Located in a great neighbourhood with easy access to everything, Hintonburg has recently been dubbed one of the fastest appreciating Ottawa areas.  - SOLD -

The building is fully tenanted and easy to look after. 

3 one-bedroom units and 1 two bedroom unit. 

Just listed - Life at the top!  Sitting on the edge of the escarpment at Cambrian Heights, this home offers a superb lifestyle.  Skylights, vaulted ceilings and two-storey windows flood natural light throughout this elegant home and brings in beautiful vistas from every direction.  3 bedrooms up and 1 down, master and ensuite with views of the Ottawa River, main floor family room, main floor laundry, 3 car garage and finished basement are just a start to entice you i

Each year the luxury homes market in Ottawa expands offering much more variety than ever before.  While the sale of homes in Ottawa over the Million dollar mark used to be largley restricted to Rockcliffe ( home to many of the embassies) sales of both condos and luxury homes well over 1 million dollars are occuring throughout the region. 

Click here to read more and see some of Ottawa's Million Dollar Properties.

In 2010 - This week's million dollar home opportunities in Ottawa.
There are currently around 118 homes and 7 condos in the million plus price range in Ottawa as of September 8th, 2010.  Want to get a glimpse - click on the links below.  (Note you must be logged in to view the links)
 

If you're seeing this red text then you are not currently logged in. Only registered logged in users may view the links. You can register for free and get instant access using the Create New Account link in the left margin under the login box.

Ottawa's Luxury Home Market is Growing
Over the past few years the Ottawa Real Estate Market has seen an increase in the number of homes and condos that sell for a million and up.  Used to be that only happened in Rockcliffe, but now we're finding homes of this calibre in at various locations throughout the city.

Throw away your shovels and get into a downtown condo! Great opportunity for the busy downtown executive or politician, a great Ottawa Pied-a -Terre. Beautiful new kitchen - just installed, hardwood and ceramic floors throughout, superb views, underground parking, resort amenities and 24 hour security. 5 appliances. 1403-500 Laurier Ave. Just $225,900.  -SOLD!

Great Ottawa Investment Property - located in former Vanier, 1 block from New Edinburgh and Rockcliffe.  12 apartment units in this very well-kept apartment building, with Commercial retail and office space!  Just $995,000. Located in one of Ottawa's fastest changing areas!  Sold!