REAL ESTATE NEWS


Ottawa and Real Estate Market Snapshot November 2020

Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price … Ottawa and Real Estate Market Snapshot November 2020 Read More » ...
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Shopping Local this Christmas

The holidays are fast approaching, and the recent snowfall has heightened the spirit of giving and kindness of residents in the city. People are buying gifts for family and friends, trying to get ahead of the last-minute December holiday rush. Instead of spending hours in line buying gift boxes and gadgets, buy something unique and … Shopping Local this Christmas Read More » ...
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Buying a Home with a Friend

Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of … Buying a Home with a Friend Read More » ...
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Ottawa Market Snapshot October

Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa. Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the … Ottawa Market Snapshot October Read More » ...
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Looking To Buy A Cottage? 8 Things To Consider Before Making Your Purchase

Buying a home is a great accomplishment for many, but buying a cottage can feel like a dream come true. With aspirations of kicking back next to the lake and enjoying the solitude that comes with cottage life, residents in Ontario are now more than ever eager to find their own slice of paradise. While … Looking To Buy A Cottage? 8 Things To Consider Before Making Your Purchase Read More » ...
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Ottawa and Area Real Estate Market Snapshot September 2020

Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa. ...
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Closing the Cottage for the Winter

It is always a sad day when you are sitting at the cottage, and the leaves start to turn, and you realize that the nights are getting cooler. We usually delay the decision to close up the cottage to the last minute. Given our uncertain weather events these days, it is best not to wait. Frozen pipes can cause a great deal of damage. ...
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Time to Buy a Year-Round Cottage

This year has been a real challenge for all of us. The combination of the COVID-19 virus and uncertain economic times have been incredibly worrisome.  With the arrival of Fall, the situation is still uncertain and extremely stressful. During the summer, many of us were dreaming of escaping to a safe and relaxing haven. As … Time to Buy a Year-Round Cottage Read More » ...
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Pool Dreams: Creating Your Stay-at-Home Backyard Oasis

While installing a pool is a project that has excellent benefits both for personal use and resale value, finding the right pool for your property can be a tricky game, and there are many factors that need to be considered. ...
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Ottawa and Area Real Estate Market Snapshot July 2020

Market Snapshot: The numbers are up again as this past months unit sales increased 19% from this time last year! Ottawa’s resale market offers solid returns for many Sellers, while Buyers continue to feel the squeeze. Those most impacted are especially those attempting to enter the housing market. Multiple offers are a common occurrence with over 57% of properties selling over the listing price compared to 33% of transactions last July. ...
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How to Move Safely During the COVID-19 Pandemic

Moving is a task that few find pleasure in, as it requires countless hours of organizing, packing, and lots of heavy lifting. Unfortunately, when doing this through a pandemic with travel restrictions in place and physical distancing measures still active, it may feel like there could not be a more inconvenient time to relocate. However, … How to Move Safely During the COVID-19 Pandemic Read More » ...
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Ottawa Real Estate Market Snapshot June 2020

Ottawa Real Estate Snapshot June 2020: June Statistics are a Welcome Sign of Things Getting Back on Track in our Marketplace 

Market Snapshot: A dramatic upswing in the number of sales this past month with sales within 2% of this time last year!  While it didn’t come as a surprise that unit sales were down 55% in April, and 44% in May, in dramatic contrast the June figures are a welcome sign of things getting back … Ottawa Real Estate Snapshot June 2020: June Statistics are a Welcome Sign of Things Getting Back on Track ...
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How we are Helping to Stop the Spread

ROYAL LEPAGE TEAM REALTY STANDS WITH THE REST OF THE WORLD TO END THE SPREAD OF COVID-19 As a devoted member and essential service in Ottawa and Surrounding Area, Royal LePage Team Realty and our agents have been working hard to end the spread of COVID-19 while remaining mindful of the changing needs and expectations … How we are Helping to Stop the Spread Read More » ...
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Home Projects To Ready Your Home For Summer

With the spring season now in full bloom, summer approaching quickly, and social distancing guidelines leaving you a little stir-crazy, you may be feeling anxious to spend time outdoors and keep yourself busy while waiting for restrictions to be lifted. Fortunately, when you have to #StayHome, you might be able to find some time to … Home Projects To Ready Your Home For Summer Read More » ...
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Mother’s Day from a Distance

  Mother’s Day is just around the corner, and while many of us generally take this time to visit and surprise our Mothers with gifts of appreciation, good food, and laughs with the family, the current state of the COVID-19 pandemic still has us practicing social distancing measures, limiting our interactions. While this certainly isn’t … Mother’s Day from a Distance Read More » ...
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Video Chat Platforms: Social Interaction During Social Distancing

The onset of the global COVID-19 pandemic has created changes and challenges in the way we conduct our normal daily activities. While we used to enjoy taking a break from the busy world outside of our homes, we are now being asked to make that break our new reality by staying inside and practicing social distancing measures in order to do our part to flatten the curve and stop the spread of this virus. While ...
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What style of House are you?

Have you ever wondered what type of neighbourhood best resonates with you? Buying a home is an exciting time for new, and there are so many choices when it comes to housing styles, are you a bungalow, a stacked condo, a single-family dwelling? Each of these styles of homes can be found in neighbourhoods with different characteristics, making it essential to determine which one is most representative of your wants, needs and abilities. Understanding the ...
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Ottawa Real Estate Snapshot March 2020

Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols  are in place to ensure public safety in this new reality.  As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology to assist  clients who are in urgent need to buy or sell.  While the beginning of the month there was ...
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Is the right time for us to purchase Real Estate?

Is the right time for us to purchase Real Estate? The question of when it is the right time to purchase real estate is always a very important family decision. For millennials, homeownership in Canada is approximately 50 percent. In contrast, 55 percent of their parents currently own their own homes.  While millennials have lower ownership rates, it is expected that the numbers will increase this year. The average millennials are married at the age ...
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What You Need to Know About Cannabis Legalization in the Housing Market

Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations, as well as City bylaws, are continually being updated, how will this impact the real estate industry now and what ...
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Buying your first home in Canada – What you Need to Know

One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the world. One reason for this is that as new Canadians we work hard and embrace our new communities. A recent ...
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Buying your first in Canada – What you Need to Know

One of the reasons Canada is the greatest country in the world is that we embrace new Canadians. The indigenous people were the first people in Canada. All other Canadian families have come from another country, we all have come from somewhere. Canada proudly is one of the most diverse and safe countries in the world. One reason for this is that as new Canadians we work hard and embrace our new communities. A recent ...
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Owning versus Leasing

It is essential for a business that they find the right location to set up their business and to decide whether to buy or lease a location. There are advantages and disadvantages to both. You will need an experienced commercial REALTOR®, an accountant and a lawyer working together to help you make the right decision. There are several financial as well as non-financial factors that need to consider. Non-financial factors may include whether the business ...
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Ottawa Real Estate January 2020 Highlights and Statistics

Based on information released February 5, 2020 by the Ottawa Real Estate Board Average Sale Prices up over 19% in both Residential and Condominium Properties January’s average sale price for a condominium-class property was $338,077, an increase of 19.1 % from January 2019 January’s average sale price of a residential-class property was $516,229, an increase of 19.3 % from January 2019. Compared to last month, however, the average price for residential-class properties increased by a ...
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Commercial Property …Not without a realtor

Have you ever considered owning, investing or leasing commercial real estate? Commercial real estate is defined as any non-residential property used for commercial profit-making purposes. It includes; office, retail, industrial, institutional, land, multi-family residential, and hotel/motel properties. All aspects of acquiring or leasing a commercial property are much more complicated than residential and require a skilled team of professionals to ensure a smooth transaction. Why Should I Invest in Commercial Property?  There are many reasons ...
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Luigi Aiello

Sales representative 

Kim Aiello

Sales representative 

613-277-1927

[email protected]

Royal LePage Team Realty

384 Richmond Road

Ottawa, Ontario

K2A 0E8 


Royal LePage Team Realty

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