96 Nepean Street

I hope everyone had a wonderful and safe Holiday, 2012 is sure to be a great and prosperous year for all of us in the Ottawa Real Estate Market. One thing to look out for this year is the development of Centretown.

Claridge Homes plans to build a 27-storey tower in Centretown, just next to two other high-rise development sites it owns. The 199 unit tower will be located at 96 Nepean St which is between Metcalfe and O'Connor.

Claridge is requesting the site be zoned to allow an 83-metre-tall building and to reduce property setbacks at the front, rear and side.

The two 27-storey towers are expected to be finished by 2013. This is one of a handful of upcoming projects in the immediate area.

Contact me today to find out how you can get proprietary information on all of these projects.

For more information Click Here

Young Moguls - Condos & Cocktails

Do you find the new home development market too overwhelming? Let us take the guess work out of buying a new home. Even if you aren't currently in the market for a new home, come out, enjoy a cocktail, and get up to date on all current and upcoming new development projects.


Date: Thursday, December 8th
Time: 7:00-9:00pm
Location: TBD


Call me or email me today to register

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.

Consistent with Demographic Fundamentals

Canada Mortgage and Housing Corporation  (CMHC) is forecasting the number of new homes constructed in Ottawa will fall to the lowest level since 2005.  CMHC also says there is a significant trend behind the numbers.

"Demand for the popular condominium apartment segment will continue to rise," says CMHC's housing outlook report. "While semis and row (houses) will combine to dethrone the single-detached homes segment as the new dominant low-rise dwelling types in Ottawa for the first time in over 15 years."

Due to the low mortgage rates and modest prices, CMHC predicts that sales will continue to be moderate. CMHC expects average resale prices to increase by five per cent this year and match the general rate of inflation in 2012.

Read More Here: http://www.obj.ca/Real-Estate/Residential/2011-11-04/article-2796468/Housing-starts-to-drop-to-seven-year-low%3A-CMHC/1

Ottawa on the up in September

Ottawa resales were up 12% in September according to the Ottawa Real Estate Board. This is great news for all Ottawa housing and investors. 1,202 properties were sold last month, an increase of 12.2% over 2010. Of the 1,202 sales, 280 were condos. This also encouraged an increase in average sales price by 3.4%.

As for the Ottawa housing starts, they were also up 35% in September over 2010 according to CHMC. A total of 627 units, a jump of 164 units over last year.

Good news all around!

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.