IKEA in Ottawa

After 18 months of construction, the country's largest Ikea will open its doors on Dec. 7. This will attract locals and tourists by the thousands to Canada's biggest IKEA.

The 427,000-square-foot facility is one of the largest retail stores in the city. Thus bringing more traffic to nearby businesses, as well as increasing surrounding property values and sparking new developments including our new development called Westpines where prices start at $189,900.

For more information Click Here

New Downtown Listing

Here is a new listing located near Centretown under $375,000. Call me or email me for more info.

Check in often for more properties daily!

Soho Champagne Phase 2

Soho Champagne phase 2 will be launched in the new year. Contact me today to stay up to date on floorplans, price list and specifications. Beat the line ups and eliminate stress by meeting with me today to discuss all the wonderful opportunities still left at Soho Champagne phase 1 and to prepare yourself for the Soho Champagne phase 2 launch.

CMHC Outlook for Ottawa

"Construction activity for new condo apartment units is ... expected to remain historically high by the end of this year and next, but still below the all-time record posted in 2010. Healthy demand for smaller but trendier condos closer to the core is coming from affluent young professionals and empty-nesters looking for an active and convenient urban lifestyle.

"This in turn constitutes evidence suggesting that builders continue to operate largely in tune with demand fundamentals and have so far refrained from speculative overbuilding in a market segment that is drawing in growing investor presence ... With only few plans on the drawing boards, rental apartment construction is expected to remain subdued, opening the door to continued investor activity."

Distillery Warehouse Lofts

Here are a few pictures of the finishings for the Distillery Warehouse Lofts. Please email or call for any inquiries.

Nothing wrong with Fall...

1,062 properties  were sold in the Ottawa Real Estate Board in October, a rise of 2.3 per cent from last year.

The sales were slightly below the five-year average for October, at 1,071. OREB said 253 of October's sales were in condos - up nearly 15 per cent from the same month last year - and 809 in residential properties.

While noting that condos were the main driver of resales that month, the average sale price of residential properties was $337,797, up two per cent from last year.

Distillery Warehouse Lofts TODAY!!!

Today is the day, Distillery Warehouse Lofts is lauching tonight at 5pm. Call me or email me right now for more information to be better prepared for tonight's VIP launch.

Soho Champagne

Soho Champagne are offering brand new incentives starting today with all purchases. Great for investors and owners. Contact me today to find out what they are!

SoBa

SoBa, a new development near Bank Street in Downtown Ottawa, will begin construction in 2014. It will be built by Toronto company Lamb Development Corp. who plans to construct the 244-unit tower in Centretown.The preliminary design of SoBa features a ground-level podium occupying the entire lot and a T-shaped structure beginning on the second floor and forming part of the podium until the seventh floor, according to city documents.

Other requested amendments include authorization to build a 7,500-square-foot retail store on the ground floor and reductions in required space for the front and rear yards, "communal amenity area" and landscaping. Recently, rezoning and site plan applications were recently filed with the city. The most recent application is to bring the building from 19 to 21 storeys.

The city has indicated they want more development within Centretown.

Follow my blog for more information as it becomes available.

Ottawa, award winners again!

The Ottawa-Gatineau area has once again earned the title of Best Canadian City, a prestigious award ranked by MoneySense magazine. This is not the first time our Nation's Capital has received this award. The Ottawa-Gatineau has proudly accepted it four times in the past six years. 

Representatives from MoneySense magazine judge 180 Canadian cities on several diverse factors. Arts & culture, crime rate, household income, medical doctors per capita, rates of employment and air quality are some of the criteria the judges use. "It's often been said that your home is probably the biggest financial investment you'll ever make," says Marnie Bennett, Team Leader at the Bennett Pros. "You'll want to make that investment in a place that will hold its value over time."

Click here to read more about this great article published by my Team Leader Marnie Bennett.

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Ottawa Condo Boom is for real

Have a look at this video that appeared on CBC News featuring none other than the Bennett Pros

http://www.cbc.ca/news/canada/ottawa/story/2011/10/21/ottawa-condo-boom.html

Soho Lisgar

There is still some very good units available at Soho Lisgar, recently 4 more floors were added to this centrally located hotel inspired condominium. Starting in the upper $200,000, these condos are manage by Soho Metropolitan Group. They include Gluckstein-designed floor plans, bathrooms and common areas. There is over 7,000 sq.ft. of amenity space, including a Dalton Brown Gym, infinity tub, lap pool etc. Don't miss this great opportunity.