Maral Real Estate Group . Ottawa Real Estate

03/08/2023

Happy international women's day to all of you brave ,smart ,strong and beautiful ladies🌹

02/17/2023

For rent !
📍 45 Dun Skipper Dr .
🛌 4
🛁 4

Welcome to 45 Dun Skipper Dr. This Grand, open concept, brand new property with 4 bed and 4 bath + 2 car garage has so much to offer. Main level with high celling entrance welcomes you to a bright and spacious open concept living +dining room with a modern 3 sided fire place , large windows bring natural light in. Kitchen with granite counter tops and plenty of counter top and cupboard space ,lovely back splash + spacious breakfast nook with large patio door to access the back yard.Main floor powder bathroom .Second level offers a grand master bedroom with his and her(walk-in) closet and 5 piece en-suite. 3 other spacious bedrooms + full bath and laundry room. Basement offers a full bathroom + unfinished area .This is a great opportunity to live in sought after findlay Creek area close to shopping, public transit, restaurants and all amenities. see it today before it's gone.

Don’t miss out on this amazing brand new and spacious property to call home!
Contact us today for your private viewing.
📧[email protected]

45 DUN SKIPPER DRIVE, Ottawa, Ontario K1X0G1

02/15/2023

Sold!
Congratulations to our seller clients on the successful sale of their lovely property on Valentine’s Day!

01/05/2023

Ottawa Real estate board news release :

Quiet December Caps Off Tumultuous Year.

2022 in Review
Residential and condo resales in 2022 totaled 15,288, compared with 20,289 in 2021, decreasing 25%. Total sales volume in 2022 was approximately $10.5B compared to $13B in 2021.

“Even with the normal seasonal slowdown, December’s performance was in stark contrast to the very active resale market that opened 2022,” says Ken Dekker, OREB’s newly installed 2023 President. “As interest rates and inflation both climbed, buyers retreated to the sidelines and began taking a wait and see approach. However, while it’s quieter than the frantic pace we experienced in 2021, it is now a balanced market.”

By the Numbers – Average Prices*:

The average sale price for a condominium-class property in December was $434,973, an increase of 9% from 2021.
The average sale price for a residential-class property was $655,839, decreasing 7% from a year ago.
With year-to-date average sale prices at $769,623 for residential units and $453,770 for condominiums, these values represent a 7% increase over 2021 for residential-class properties and an 8% increase for condominium-class properties.
“Although market activity tapered off in later 2022, there was an immense amount of activity in the spring at high prices,” says Dekker. “This will be an important caveat to consider as we begin comparing 2023 numbers to the previous year.”

By the Numbers – Inventory & New Listings:

Months of Inventory for the residential-class properties has increased to 3.7 months from 0.9 months in December 2021.
Months of Inventory for condominium-class properties has increased to 3.9 months from 0.9 months in December 2021.
December’s new listings (699) were 17% higher than 2021 (600) and down 56% from November 2022 (1,598). The 5-year average for new listings in December is 662.
“The leading economic force behind Ottawa’s rapid appreciation in the past five years is chronic supply insufficiency,” says Dekker. “It intensified during the pandemic as prospective purchasers capitalized on incredibly low interest rates. Today’s higher rates are slowing down building projects, which exacerbates the low supply issue.”

The Ottawa Real Estate Board (OREB) is a non-profit industry association representing REALTORS® in the greater Ottawa region since 1921. Our comprehensive site provides valuable market statistics and resources for homebuyers, home sellers, commercial properties, as well as real estate professionals...

01/05/2023

https://ottawa.ca/en/vacant-unit-tax-0

**Don’t forget to fill out the vacant unit tax form !

Important Notice All residential property owners must submit an occupancy declaration. Submit your 2022 property occupancy declaration now. The deadline to declare is March 16, 2023. Close Important Notice × On this page Submit Declaration Making your declaration Log in to MyServiceOttawa to declar...

12/07/2022

Ottawa Real estate board news release for the month of Nov:

“Members of the Ottawa Real Estate Board (OREB) sold 846 residential properties in November through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,456 in November 2021, a decrease of 42%. November’s sales included 658 in the residential-property class, down 39% from a year ago, and 188 in the condominium-property category, a decrease of 50% from November 2021. The five-year average for total unit sales in November is 1,270.”

The Ottawa Real Estate Board (OREB) is a non-profit industry association representing REALTORS® in the greater Ottawa region since 1921. Our comprehensive site provides valuable market statistics and resources for homebuyers, home sellers, commercial properties, as well as real estate professionals...

11/24/2022

3 REASONS WHY LANDLORDS SHOULD REQUIRE RENTER’S INSURANCE

1.) Liability:
- If someone is injured on the property (party, dog bite, fall) the renter and landlord can *BOTH* be sued
- If the landlord’s property is damaged by a fire caused by the tenant, the insurance company will claim against the tenant policy first
- If the tenant is at fault, the tenant policy would also cover damage to neighboring properties as well

2.) If the tenant damages the property, they will be the first payer, lowering the landlord’s chance of increased premiums after a claim.

3.) More often, insurance companies are making it mandatory for tenants to carry insurance or the owners can’t purchase insurance to cover the building for fire etc. In other words, a landlord won’t be able to get insurance without proof of renter’s coverage, which is called a ‘certificate of insurance.’

For less than 25$/month (cost to the tenant), is there any reason why you wouldn’t require your tenants to have renter’s insurance?

11/24/2022

Finance committee supports new municipal tax targeting vacant residential units
The city says there are about 330,000 property owners who would need to formally declare vacancies for the calendar year.

The report for the finance and economic development committee outlines the possible implementation of a residential vacant unit tax in the city.

11/15/2022

For Rent!
📍147 Carwood Cir.

Welcome to 147 Carwood Cir. This large End-uint on a corner lot offers the spacious upper unit with 3 bedrooms and large loft on second level which could be used as 4th bedroom. Main floor offers large living room with gas fire place , spacious dining room with large windows overlooking the backyard .Spacious and bright kitchen with lots of counter top space and cabinetry & breakfast nook + main level powder room. Second level offers a large loft which could be used as the 4th bedroom or second family room with large windows . Main full bathroom. Master bedroom with walk-in closet and 4 pice en-suite + 2 other bedrooms. The laundry is in the basement and will be shared with lower unit tenant. Don' miss out on the opportunity to live in one of the desirable and central locations in ottawa.Located close to Montfort hospital ,Cite Collegial , CSIS, parks and walk distance to shops and public transit. see it today!

[email protected]
Remax Hallmark Realty Group
613-698-8879

11/05/2022