1100 AMBLESIDE DRIVE UNIT#208 Ottawa, ON
Affordable two bedroom condo with a sunken living room, southwest exposure, large balcony, one car parking, storage ...
3 Riverbrook Drive
What a magnificent property backing onto The Arlington Woods Ravine! Built in 1971 by Campeau, this home boasts exceptional space, numerous updates, and improvements and a large, solarium style family room addition.
Penthouse Suite 5B-268 First Av.
Truly unique! Custom designed penthouse in the award winning "Heritage Conversion" by famed architect Barry J. Hobin with attention to detail & quality finishing throughout. The contemporary open concept plan offers options for furniture placement, & wonderful space for gracious entertaining.
2016 proves to be a record-breaking year for Ottawa resales
OTTAWA, January 5, 2017 - Members of the Ottawa Real Estate Board sold 715 residential properties in December through the Board’s Multiple Listing Service® System, compared with 703 in December 2015, an increase of 1.7 per cent. The five-year average for December sales is 656. The total number of residential and condo units sold through the Board’s MLS® System throughout all of 2016 was 15,537, compared with 14,653 in 2015, an increase of six per cent. Separately, residential and condo unit sales each outperformed the 2015 numbers.
“No matter what is said in the history books about 2016, it proved overall to be a great year for Ottawa real estate,” says Rick Eisert, 2017 President of the Ottawa Real Estate Board. “While prices remained fairly flat over the course of the year, the unit sales recorded in five separate months were the highest on record, including December.The spring market picked up early in April with strong sales and this trend continued well into the fall. The monthly unit sale performance in 2016 was often bolstered by a strengthened condo market which recorded increases over 2015 for much of the year.”
“Looking at the whole year, the two most active price points in the residential market were $300,000 to $399,999 and then $200,000-$299,999, accounting for 54.6 per cent of the market. While the condominium market was most active in the $150,000 to $249,999 price range, accounting for 55.4 per cent of the market,” says Eisert. “In addition to residential and condominium sales in 2016, OREB Members have assisted clients with renting 3,053 properties, the sale of 19 farms units, and the sale of 340 commercial properties.”