DiSalvo Real Estate Group

DiSalvo Real Estate Group Marco and Michael Di Salvo are licensed Real Estate Sales Representatives with Coldwell Banker Rhodes and Company

1626 Blohm Dr now listed at $810k. This wonderful family home has been very well maintained over the years by the same ...
06/06/2026

1626 Blohm Dr now listed at $810k. This wonderful family home has been very well maintained over the years by the same family. Located close to schools, parks, shopping, transit and so much more, this is a great place to call home. Contact us to schedule a showing!

Price Improvement – Riverside South | Now $624,900If this home wasn't already on your radar, it should be now. Freshly r...
05/31/2026

Price Improvement – Riverside South | Now $624,900

If this home wasn't already on your radar, it should be now. Freshly reduced, this Riverside South property offers the privacy of no rear neighbours, impressive ceiling heights, and exceptional value at its new asking price. Homes like this don't last long at this price point

862 Chipping Circle — Newly priced at $639,000. This move-in ready home is waiting for its next family, and at this pric...
05/17/2026

862 Chipping Circle — Newly priced at $639,000. This move-in ready home is waiting for its next family, and at this price, it won't wait long.

I am thinking of pulling equity from my house?You shouldn’t pull equity just because it’s there. You do it when it moves...
05/04/2026

I am thinking of pulling equity from my house?

You shouldn’t pull equity just because it’s there. You do it when it moves you forward financially, not just sideways.

Here’s how to think about it clearly.

🧠 The Core Rule

Use home equity when it buys you something that grows or improves your position—not when it just funds lifestyle.

✅ When It Makes Sense to Draw Equity

1. To Buy an Investment Property

Why it works:

Converts “dead equity” → income-producing asset
Potential appreciation + rent + tax advantages

👉 This is one of the best uses.

2. To Renovate (If ROI Is There)

Good if:

Renovation increases value MORE than cost
Or helps sell faster / at higher price

Examples:

Kitchen, bathrooms, basement, curb appeal

3. To Consolidate High-Interest Debt

Why:

Replace 18–25% credit card debt with ~5–7% mortgage debt

⚠️ Only works if:

You don’t run the debt back up again

4. To Fund a Business (With a Plan)

If you have:

Proven model
Clear ROI
Strong cash flow potential

👉 This is higher risk but can be high reward.

⚠️ When You Should NOT Use Equity

🚫 Lifestyle Spending

Cars
Vacations
Furniture

👉 You’re turning long-term wealth into short-term consumption.

🚫 Speculative Investing

“Hot” opportunities
Crypto without understanding
Risky ventures

🚫 When You’re Financially Tight

If you’re:

Living paycheck to paycheck
No emergency fund

👉 Adding debt = added risk

📊 Smart Timing Matters

Good Time to Pull Equity:

Rates are reasonable
You have strong income stability
Property has appreciated significantly
You have a clear use for the funds

Bad Time:

Rates are high AND deal isn’t strong
You’re unsure what to do with the money
You’re reacting emotionally

🧠 Simple Decision Filter

Before pulling equity, ask:

1. Will this make me money or save me money?
2. Is the return higher than my borrowing cost?
3. Would I still do this if I had to pay cash?

If not → don’t do it.

Hope this helps. Give me a call to discuss. Thanks, Michael

Come and see all this beautiful home has to offer at a price that is unbeatable in the Riverside South community. Now l...
04/30/2026

Come and see all this beautiful home has to offer at a price that is unbeatable in the Riverside South community. Now listed at $649,500. Contact Mike or Marco for a viewing.

Join us today from 2-4pm at 862 Chipping Circle for our Open House. Come see this beautiful home in person.
04/26/2026

Join us today from 2-4pm at 862 Chipping Circle for our Open House. Come see this beautiful home in person.

Welcome to 2424 Heaton - A Solid Elmvale Acres Bungalow with Endless Potential. Nestled in the heart of one of Ottawa's ...
04/10/2026

Welcome to 2424 Heaton - A Solid Elmvale Acres Bungalow with Endless Potential. Nestled in the heart of one of Ottawa's most established and sought-after east-end neighborhoods, this well-maintained brick bungalow offers the perfect blend of classic charm and functional living. With a covered carport, a striking bay window, and timeless curb appeal, this home makes a strong first impression from the moment you arrive. Inside, the thoughtfully designed main floor features three generous bedrooms, including a private primary retreat complete with its own ensuite bathroom - a rare and coveted feature in this style of home. A second full bathroom serves the remaining bedrooms and guests with ease. Downstairs, the fully finished basement expands your living space considerably, offering endless possibilities - whether you envision a family rec room, home office, gym, or guest suite, the footprint is there to make it happen. Outside, the covered carport provides year-round protection for your vehicle and doubles as a welcoming entry to the home. The private driveway offers ample additional parking. Elmvale Acres is a family-friendly, transit-accessible community steps from top-rated schools, parks, shopping along St. Laurent, and a quick commute to downtown Ottawa and CHEO - making this an ideal home for families, downsizers, and investors alike. Opportunity knocks. Listed at $709,900.

Welcome to the Addison - where thoughtful design meets everydayelegance in the heart of Riverside South.Nestled in a qui...
04/10/2026

Welcome to the Addison - where thoughtful design meets everyday
elegance in the heart of Riverside South.

Nestled in a quiet, family-friendly neighborhood with no rear
neighbors, this home offers both privacy and convenience. Located just 1.8 km from Riverside South Plaza, featuring an Independent Grocer, Shoppers Drug Mart, gas station, Broadways, Scotiabank, Pet Valu, and an animal hospital—and only 2.1 km from the new Armstrong Plaza with Starbucks, McDonald’s, BMO, dining, and more.

Conveniently located within walking distance of Riverside South
Secondary School, as well as a new French secondary school currently under construction. Commuters will appreciate being just 3.4 km from the LRT station. The property also offers parking for up to three vehicles, and includes a garage door opener for added convenience. This stunning 1,834 sq ft townhome features soaring vaulted ceilings that fill the open-concept living and dining area with natural light.

Thoughtfully designed with quality finishes throughout, it includes a chef-inspired kitchen, a beautifully finished rec room, and a spacious primary suite with walk-in closet and ensuite. Two additional bedrooms offer flexibility for family or guests, while the finished basement adds 356 sq ft of versatile living space.

Priced at $685,000. Contact us for a showing. We'd be glad to show you this beautiful home.

Address

6B-1910 St. Laurent Boulevard
Ottawa, ON
K1G1A4

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