Sellers in Ottawa

How an in-law suite can add value to your house

Looking for a way to increase the value of your home or simply a way to give your parent or in-law their own space? Living in a multi-generational household can have its challenges, but adding an in-law suite to your home can create a better home dynamic, give privacy, and increase the worth of your […]

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Considering selling your home over the holidays?

Are you thinking of selling over the holidays? Putting your home up for sale during the winter holiday months can seem… daunting, to say the least. Present shopping, decorating, and family can be overwhelming on their own without throwing in open houses, getting ready to move, looking for buyers and finalizing a sale. However, there

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OSFI sets new mortgage rules, including stress test for uninsured borrowers, find out more about how this will affect you

By Pete Evans, CBC News Posted: Oct 17, 2017 9:29 AM ET Last Updated: Oct 17, 2017 3:02 PM ET   Canada’s top banking regulator has published the final version of its new mortgage rules, which include a requirement to “stress test” borrowers with uninsured loans to ensure they could withstand higher interest rates.   The Office of the

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Ottawa viewed as Canada’s safest city: Poll

Josh Pringle, CTV Morning Live Published Wednesday, August 23, 2017 7:06AM EDT  Last Updated Wednesday, August 23, 2017 7:42AM EDT Canadians believe Ottawa is Canada’s safest city. A new Mainstreet poll looks at Canadian perceptions of safety in 15 major cities across the country. Ottawa is viewed as Canada’s safest city. The survey shows 74%

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Condo sales drive the Ottawa resale market in July

Members of the Ottawa Real Estate Board sold 1,530 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,490 in July 2016, an increase of 2.7 per cent. The five-year average for July sales is 1,446. “The Ottawa resale market continued its steady pace into mid-summer, with condo sales really bolstering

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How does the increase in the Bank of Canada Rate affect your loans?

By Solomon Israel, CBC News Posted: Jul 12, 2017 5:00 AM ET Last Updated: Jul 12, 2017 4:29 PM ET   After seven years of leaving its key interest steady or cutting it to near-historic lows, the Bank of Canada has finally increased its overnight rate by 0.25 percentage points to 0.75 per cent. The overnight rate determines the rate at which banks

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