June 2025 Market Update
Residential sales and pricing are up from 2024. Condos are telling a different story, though… Both sales and prices are down from 2024 but are up from last month. Condominiums are definitely an area to keep an eye on.
🏡 Just Listed – 783 Namur Street
Experience the perfect blend of style, space, and modern upgrades in this sleek 3-bedroom townhome. It features a finished basement, a private yard, and a layout designed for comfort and entertaining.
📍 Located in a vibrant community steps away from parks, schools, and more. See what makes this property truly stand out!
Just Purchased: Ideal Family Home! 🏠
Big win on this one! We were looking for lots of land, near water, with potential for some redevelopment, and we found it! Very happy for this lovely young family! This will be a home to make memories in for years to come!
What’s Happening in Ottawa’s Market?
Ottawa is holding steady in a balanced market. Sales in May for residential homes picked up quite a bit, but so did new listings, which supports the current balanced market. Reach out with your specific situation to see where risks and opportunities lie…
Bank of Canada Rate Update ‼️
The Bank of Canada has held the overnight rate steady at 2.75%, with no changes to the bank prime rate, which remains at 4.95%, depending on your lender. Variable-rate mortgage clients will not see any change to their monthly payments or amortization at this time.
Just Sold 🎊🎊🎊
This one could not have worked out better! Jodi is a wonderful long-time client who was selling a long-time investment. She did a great job on the prep, which allowed us to push the price! After some interesting offers we “avoided,” things worked out super well. Thanks so much, Jodi, for working with me once…
New Listing 🎊🏡🎊
Introducing 783 Namur Street — A beautifully upgraded 3-bed, 3-bath Embrun home with a cozy basement fireplace and all appliances included. Enjoy nearby parks, trails, and local amenities. Ready to move in and make it yours?
🔑 Just Leased!
Leased a stunning condo at 238 Besserer #102! Fresh space, fresh energy, ready for a new beginning in the city’s heart. 🏙️✨
Just Purchased!! 🎊🏡
Huge congrats to Chris and Jing on this thoughtful purchase! Lots of room to grow, and the property backs onto the Greenbelt. You have to love the location west of Orleans as well!
🏡 Bells Corners Beauty – 357 Wiffen Private
This beautifully updated two-bedroom, two-bath home offers stylish finishes, smart updates, and a warm, welcoming layout perfect for modern living. Tucked in a quiet, greenbelt-surrounded community just minutes from everything you need, it’s the one you’ve been waiting for.📍 Open House: Sat May 10 & Sun May 11 | 2–4PM. Take a look… you’ll want…