Soldbyroa

10/07/2026

🎙️ NEW PODCAST – 1400 BATH ROAD, KINGSTON
I recently sat down with Jason from Strongvine to talk about 1400 Bath Road in Kingston — a unique development opportunity currently offered for sale at $4,000,000.

We discuss the property, its location, development potential and what makes this site an interesting opportunity for developers and investors looking in the Kingston market.

📍 1400 Bath Road, Kingston
Offered at $4,000,000
Development Opportunity
MLS® X13694212

🎧 Watch the full podcast to learn more about the property and the development opportunity.

Interested in taking a closer look? Send me a message or contact me directly for the full property package, available studies and additional information.

And if you know a developer or investor who may be interested in this opportunity, please share the podcast with them.

Edmundo Roa
Sales Representative
Capital Homes Team | eXp Realty Inc.
613-864-5515

10/02/2026

PRICE REDUCTION – NOW $1,050,000

5-Unit Investment Property | 235 James Street W, Prescott
Recently renovated and generating $93,300 in annual gross income, this 5-unit property is now offered at a significantly reduced price of $1,050,000.

The property features a mix of 1, 2 and 3-bedroom units, modern kitchens and bathrooms, updated flooring, newer appliances, and multiple heating/cooling systems.

💰 New Price: $1,050,000
🏠 5 Residential Units
📈 $93,300 Annual Gross Income
🔨 Extensively Renovated
⚡ Tenants pay their own hydro and water
📍 Prescott, Ontario

At the new price, this is worth another look for investors searching for a renovated multi-residential property with strong existing income.

Message me for the financials, rent roll, additional photos or to arrange a showing.

Edmundo Roa
Sales Representative
Capital Homes Team | eXp Realty Inc.

09/27/2026

What exactly is a Phase 2 Environmental Study? And why does it matter when buying development land?

When purchasing a vacant development property, what you see on the surface is only part of the story.

Environmental due diligence will typically begin with a Phase 1 Environmental Site Assessment. This looks at the history of the property and surrounding lands — previous uses, historical records and other information that could identify potential environmental concerns.

If the Phase 1 identifies something that needs further investigation, the next step may be a Phase 2.

That’s when things get a little more interesting.

A Phase 2 involves actually getting into the ground. Test pits or boreholes can be used to collect soil and/or groundwater samples, which are then analyzed to determine whether contamination is present and, if so, its extent.

These photos are from a Phase 2 currently being completed on a vacant development lot I’m selling.

For developers and investors, this type of due diligence can be extremely important. Understanding environmental conditions before moving ahead with a purchase or development can help identify potential costs, risks and issues early in the process.

Vacant land may look simple — but development land rarely is.

Zoning, servicing, environmental conditions, geotechnical considerations, planning approvals and development potential can all play a role in determining what a property is really worth and what can ultimately be built.

That’s why doing the homework matters.

09/22/2026

Looking for your next multi-residential investment opportunity?

322 Honeyborne Street in Almonte is a fully tenanted, purpose-built 24-unit apartment building — with the potential to be part of a larger 96-unit portfolio acquisition.

In this podcast, we break down the property, the numbers, the Almonte rental market, and the opportunity for investors.

🎙️ Take a listen and reach out for the full investment package.

09/21/2026

https://youtu.be/kj5kD83L9Vs?si=WJP5W9d2Bu9ODV59

A little throwback to this past spring when I had the opportunity to sit down with Alfonso Cuadra of WealthGenius for a podcast and talk real estate, investing, the market and some of my own experiences along the way.

Great conversation and a lot of ground covered!

Have a listen if you get a chance.

In this episode of the WealthGenius Podcast, host Alfonso Cuadra si...

09/16/2026

Ottawa housing starts are up, sounds like good news for housing affordability, right?

Not so fast.

CMHC released its latest housing numbers today, and Ottawa has seen strong housing construction. But the headline doesn't tell the whole story.

The important question is: WHAT are we actually building?

According to CMHC, 54% of Ottawa's housing starts in 2026 are purpose-built rentals. Rentals now account for 69% of all housing currently under construction in Ottawa.

Meanwhile, condominium apartment starts are down 49% year-over-year, and condos represent only 12% of current starts.

So yes, we're building a lot of housing, but increasingly we're building housing to RENT, not housing to BUY.

That distinction matters.

More rental construction is good news for renters. As thousands of new rental units are completed, increased competition should help vacancy rates, moderate rent increases and give tenants more choices.

But what happens on the ownership side?

If we continue building relatively few condos, townhomes and other ownership properties, eventually today's slowdown works its way through the construction pipeline.

Right now Ottawa's resale market has a reasonable amount of inventory and buyers have choices. But new construction decisions being made today determine the supply we have several years from now.

If demand for homeownership strengthens again while the pipeline of new ownership housing remains weak, that could eventually tighten inventory and put renewed pressure on prices.

CMHC is essentially warning about this very issue. Despite Ottawa's high overall level of construction, it says the city's housing supply gap has actually WIDENED and that ownership affordability challenges are likely to persist unless more condominium and ground-oriented housing gets built.

Here's another number that really puts it into perspective:

In the four quarters ending Q2 2021, Ottawa had approximately 11,011 freehold and condominium starts combined.

For the four quarters ending Q2 2026: approximately 4,679.

At the same time, purpose-built rental starts went from roughly 1,500 to almost 6,000.

That's a massive shift in what we're building.

So when you see a headline saying "housing starts are up," dig a little deeper.

Ottawa may be improving rental supply, which is important and much needed.

But we aren't necessarily solving homeownership affordability at the same time.

In fact, if we don't start building considerably more housing for ownership, we may simply be setting ourselves up for another supply problem when buyer demand returns.

Source: CMHC Housing Starts – August 2026 & Fall 2026 Housing Supply Report

August 2026 housing starts data for Canada

09/13/2026

Attention investors: 322 Honeyborne Street, Almonte

A fully tenanted, purpose-built 24-unit apartment building completed in 2020, approximately 20 minutes from Kanata.

The property offers a mix of one-, two- and three-bedroom apartments, elevator service, laundry facilities on every floor and ample parking.

Offered at $6,450,000.

Explore the property photos, drone video and investment information:
https://www.honeyborneapartments.com/

Contact me for the financial package or to arrange a private viewing.

Edmundo Roa | Sales Representative
Capital Homes Team | eXp Realty Inc.
613-864-5515

A modern, fully tenanted 24-unit apartment building in Almonte, Ontario, offering stable in-place income and long-term rental growth potential.

09/09/2026

SOLD – 369 Lafontaine Avenue, Ottawa

This one took some persistence! After being listed on and off the market since January 2025, we finally got it done.

A fully renovated, turnkey 6-plex in Vanier with strong rents and solid financials. The investment market has certainly had its challenges, but we found the right buyer and put a deal together that worked for everyone.

Congratulations to my sellers, and thank you for trusting me throughout the process.

If you're thinking about buying or selling a multi-residential investment property in Ottawa, feel free to reach out.

Edmundo Roa
Sales Representative
Capital Homes Team
eXp Realty Inc.
soldbyroa.ca
edmundoroa.ca

08/20/2026

NEW DEVELOPMENT OPPORTUNITY – KINGSTON, ON

Just listed — 1400 Bath Road, Kingston

A rare opportunity to acquire approximately 9.75 acres of multi-residential development land at Bath Road and Centennial Drive.

Zoning approvals are in place for a proposed 240-unit / 390-bedroom development across four apartment buildings, with significant planning and engineering work already completed.

* 9.75 acres
* 240 proposed residential units / 390 bedrooms
* $4,000,000 asking price
* Approx. $16,667 per proposed door
* Registered access easement to Centennial Drive
* Municipal servicing capacity confirmed
* Servicing allocation granted for up to 240 units
* Site Plan Application process commenced
* Extensive due diligence package available

We’ve created a dedicated website with additional information, plans, aerials and details on the development opportunity:

https://www.1400bathroad.com/

If you know a developer, builder or investor who may have an interest in Kingston, please feel free to share this with them or have them contact me directly.

Edmundo Roa
Sales Representative
Capital Homes Team | eXp Realty Inc.
613-864-5515
[email protected]

06/22/2026

📊 CMHC's 2026 Mid-Year Rental Market Update confirms what many investors are starting to see across Ontario.

Canada's rental market is beginning to rebalance. New rental supply is increasing vacancy rates and putting downward pressure on asking rents in some major centres, including Toronto, Vancouver, Calgary, and now Ottawa.

However, the story is very different depending on where you invest.

In Ottawa, newer and higher-end rental buildings are facing more competition for tenants. Landlords are having to work harder to fill vacancies and, in some cases, are offering incentives to attract renters.

But when you look at many of the secondary and tertiary markets surrounding Ottawa, including communities such as Brockville, Cornwall, Smiths Falls, Prescott, Carleton Place, Perth, and Arnprior, the supply picture is much different.

These markets have generally not seen the same wave of new apartment construction as larger centres. Vacancy remains relatively tight, affordable rental housing remains scarce, and demand continues to be supported by population growth and households seeking more affordable alternatives to Ottawa.

For investors, this reinforces something I have been saying for a while:

Not all rental markets move in the same direction at the same time.

While some large urban centres are seeing rents flatten or decline, many smaller Eastern Ontario markets continue to benefit from limited supply, strong tenant demand, and attractive cap rates compared to larger cities.

The takeaway?

The era of double-digit rent growth may be slowing, but well-located rental properties in Ottawa and especially in many of the surrounding secondary markets continue to offer solid long-term fundamentals.

What are you seeing in your market? Are units taking longer to rent today than they were a year ago?



https://www.cmhc-schl.gc.ca/observer/2026/2026-mid-year-rental-market-update