• CONDOS:
  • in the Central Area
  • in the East
  • in the South
  • in the West

The Molly & Claude Team

The Molly & Claude Team Realtors Ottawa, Royal LePageTeam Realty

  • Home
  • About Us
  • Blog
  • Listings
  • Resources
    • Art
    • Sellers
    • Elementary Attendance Boundary
    • Buyers
    • CREA – Canadian Real Estate Association
    • OREA – Ontario Real Estate Association
    • RECO – Real Estate Council of Ontario
    • RLP – Royal LePage Team Realty
    • Retirement Residences
    • Antique Stores
  • Contact Us

Ottawa Condo for Sale
Beacon Hill South
2020 Jasmine Crescent

August 7, 2022 by Claude Jobin Leave a Comment


1105-2020 Jasmine Crescent
$279,900



Virtual Tour



Welcome to suite 1105 at 2020 Jasmine Crescents. Great views from this spacious 2 bedroom condo. Bright kitchen with breakfast bar. Laminate floors in living room, dining room, and bedrooms. Tiled floors in hallway, kitchen, and bathroom. Generous closets with closet organizer in primary bedroom. Large storage room in unit, and additional storage locker in room 78. Condo fees include all utilities. Outside parking space 189E. This building features great amenities including pool, sauna, hot tub, gym, tennis court. Expansive garden. Close to the ever-evolving Ogilvie shopping area including Costco, Farm Boy, Walmart, Loblaws, cinema, and Blair LRT station. Quick access to 174 and 417. 24 hour irrevocable on all offers.




Virtually Staged
Virtually Staged


810-2020 Jasmine Crescent
$299,900






Welcome to suite 810 at 2020 Jasmine Crescent. A spacious 3 bedroom with 2 bathrooms, awaiting your personal touch. Condo fees include all utilities. Parking space 57. This building features great amenities including pool, sauna, hot tub, gym, tennis court. Expansive garden. Close to the ever-evolving Ogilvie shopping area including Costco, Farm Boy, Walmart, Loblaws, cinema, and Blair LRT station. Quick access to 174 and 417. 24 hour irrevocable on all offers. Tenants may be present for showings. Note that photos are of similar size unit with different flooring.

Similar unit
Similar unit
Similar unit
Similar unit
Similar unit – virtually staged
Similar unit – virtually staged
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit
Similar unit


Filed Under: From the Blog Tagged With: Condos Ottawa

Ottawa Real Estate News Release (OREB)
Residential Resale Slowdown Begins A Shift Towards Balance

August 6, 2022 by Claude Jobin Leave a Comment



ottawa-real-estate-board-newsletter-presented-by-the-molly-&-claude-team-realtors

OTTAWA, August 4, 2022 – 

Members of the Ottawa Real Estate Board sold 1,110 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,718 in July 2021, a decrease of 35 per cent. July’s sales included 840 in the residential-property class, down 36 per cent from a year ago, and 270 in the condominium-property category, a decrease of 34 per cent from July 2021. The five-year average for total unit sales in July is 1,691.

“We are witnessing a profound slowdown in Ottawa’s resale market. July’s numbers reveal that Buyers are indeed putting on the brakes more heavily than what is typically expected during the mid-summer sales dip. Aggressive interest rate increases are surely impacting the decision to buy at the moment as well as other factors that I mentioned last month,” states OREB President Penny Torontow. “But there is a silver lining: with more properties continually being added to inventory, we are on the cusp of returning to a balanced market, and that is good news,” she adds.

“July saw 2,338 new listings added to the housing stock, which is on par with the 5-yr average and 5% lower than last year at this time. Our inventory for residential-class properties is currently around 2.9 months and 2.5 months for condominiums. A market is considered balanced with at least four months of supply, so we are well on our way to that paradigm.”

The average sale price for a condominium-class property in July was $425,694, an increase of 1 per cent from 2021, while the average sale price for a residential-class property was $716,354, increasing 5 per cent from a year ago. With year-to-date average sale prices at $805,238 for residential and $461,557 for condominiums, these values represent an 11 per cent and 9 percent increase over 2021, respectively.*

“The double-digit average price increases that we saw in the past couple of years right up until the early spring have now morphed into single-digit increases, which aligns more with our traditional stable year-over-year price growth. However, it is important to point out that average prices tally the entire spectrum of home sales across the city and region. If you look from neighbourhood to neighbourhood, there are so many differing characteristics and attributes, price increases will certainly fluctuate depending on where you live,” suggests Torontow.

“If you are selling your home, now is the time to be patient as days on market return to more normal timeframes. There are still many Buyers out there, but with more choice, they have less pressure and may take their time. Even though interest rates are still quite reasonable from a historical perspective, consumers are adjusting to this new reality. The rising cost of all goods means people need time to evaluate and adapt their mindsets.”

“I also believe it is time for the federal government to adapt and reassess the stress test. It was originally designed when rates were very low to ensure Buyers could manage rate hikes. With interest rates where they are now, they have to qualify at a 7-8% rate which no longer makes sense and takes many Buyers out of the market.”

“Whether you are a Buyer or a Seller, a professional licensed REALTOR® will help you navigate this shifting resale market. They have access to minute-by-minute sales data and local neighbourhood expertise that will assist you in making the best decisions for your circumstances.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 3,528 properties compared to 2,706 last year at this time.

* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

Filed Under: Uncategorized Tagged With: Real Estate News, Statistics

Windmill plans new group home, residential towers near former site of Lincoln Fields Shopping Centre

August 5, 2022 by Claude Jobin Leave a Comment





Windmill proposes to replace a 40-year-old residence for adults with physical disabilities with a new building, and add 2 towers to the site at 2475 Regina Street in Lincoln Fields. The proposed towers will be 19 storeys and 25 storeys. The mix of rental vs condo has yet to be determined. Details here on an Ottawa Business Journal post.

Filed Under: From the Blog Tagged With: Community, Condos Ottawa, Ottawa

Is It Rude to Ask Guests to Take Off Their Shoes When Entering Your Home?

August 4, 2022 by Claude Jobin Leave a Comment




Martha Stewart addresses the no shoe policy indoors. It can be a tricky topic here in Canada. In Asia of course it’s simply not a question shoes come off. But how to have a no shoe policy here. Martha with the help of Lauren Wellbank has suggestions. Of course in my mind in winter that’s not a question! Though I have had a guest come out from the slush and walk right in – but that’s another story.

Filed Under: From the Blog Tagged With: Health

Architect – William McDonough

August 3, 2022 by Claude Jobin Leave a Comment





William McDonough is an American architect. Born in Tokyo in 1951, he studied at Dartmouth College and Yale University. McDonough is the founding principal of William McDonough + Parnters. His philosophy is to create designs that not only minimize the negative but create a positive effect on the environment.


901 Cherry Office Building
1997, San Bruno, California




Adam Joseph Lewis Centre for Environmal Studies
2001, Oberlin, Ohio




American University School of International Service
2010, Washington, DC




Bernheim Arboretum Visitors Centre
2005, Clermont, Kentucky




BSH Hausgerate Office




Fuller Theological Seminary Library
2009, Pasadena, California




NASA Sustainability Base
2012, Moffett Field, California




Nike European Headquarters
1999, Hilversum, The Netherlands




VMWare Corporate Campus
2009, Palo Alto, California



Filed Under: From the Blog Tagged With: Architecture

Sellers caught by price drops as housing market cools

August 2, 2022 by Claude Jobin Leave a Comment




CBC.ca reports on the real estate market adjustment we are currently experiencing. The article shares the experience of a couple who tells us the effect the adjustment has had on their expectation of what their house would sell for. Having bought seven years ago at $350,000 they were expecting to sell at $890,00 but it sold at $740,000.

It would seem to me that an increase of 111 percent in seven years is good!

Garth Turner, financial adviser, and former Minister or CRA states “It was inevitable we would see the pendulum swing back. And here we are.”

I believe once we adjust to the new market it will be ultimately good for everyone. To see prices rise in an unreasonable manner keeps buyers who do not have infinitely deep pockets out of the market and ultimately creates an unsustainable situation. Sellers became expectant of selling $100,000 or more over asking! Perceptions and expectations need to be adjusted.

Filed Under: From the Blog Tagged With: Real Estate News, Statistics

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • …
  • 499
  • Next Page »

Contact Info

For more info contact: Claude Jobin 613.804.7979 (call or text) claude@claudejobin.com

Blog Tag Cloud – Working on this, stay tuned

Antiques Apartment Architecture Art Bathrooms Bedrooms Buying Canada Celebrations Cleaning Community Condos Ottawa DIY - Do it Yourself Elementary Attendance Boundary Maps Environment Favourite Businesses Garden Green Health Heritage Ottawa Home Decor Home Design Home Improvements Home Organization Home Utilities Houses for Sale Kitchens Life Hacks Listings Mortgage Rates Newsletter Open House Ottawa Outdoor Pets Real Estate News Realtor Rental Safety Sandy Hill Selling Small Space Smart Home Statistics Tourism

Types – Working on this, stay tuned

Apartment

What area are you looking for?

Value

How much is your condo worth?

How much condo can your budget buy?

List your Ottawa area condo for sale with…

The Molly & Claude Team Realtors - we specialize in condos. We will help you sell your condo, help you obtain the highest price, and protect your investment. Ottawa's Resale Market "No Signs of Slowdown in Ottawa Resale Market." For the Ottawa Real Estate Board News Release click here.  Click here to see the November Statistics. And here for our latest Newsletter. Contact the Molly & Claude Team! With you we'll determine the price and provide you with advice on what to do to best present your condo.

The complete resource of condos for sale or rent in Ottawa

Search by neighbourhood, street, building type or price. Click on Google map for help! Molly & Claude Team Realtors.

In constant evolution, and evolving quickly to being the source of all Condos for Sale in Ottawa. We are continuously updating the properties and the pertinent information concerning these condos.

Let us know if there is something else you’d like to see! If you know something about your neighbourhood let us know and we’ll work it in.

If you own a business contact us we'd love to discuss promoting your business on our site.

Keep checking for updates... In the interim should you have a question you may contact Molly Hoyle, or Claude Jobin:

  • by phone at 613.725.1171
  • by text at 613.804.7979
  • by email claude@claudejobin.com
  • Web: www.claudejobin.com
  • on Facebook
  • on Twitter
  • on Pinterest
  • on Instagram
  • on YouTube
  • on Google+
  • on Tumblr
  • on Flickr
  • Linked in:
  •  Molly & Claude Team
  •  Molly Hoyle
  •  Claude Jobin

List your Ottawa area condo for sale with the Molly & Claude Team Realtors - we specialize in condos. We will help you sell your condo, help you obtain the highest price, and protect your investment.

Recently Visited Pages

  • Here’s how high interest rates are impacting Canada’s condo demand August 13, 2022
  • The Slayte – Conversion of Office to Rental August 12, 2022
  • Ottawa Real Estate Statistics – July 2022 – Community Stats August 10, 2022
  • Architect – Minsuk Cho / 조민석 August 10, 2022
  • Ottawa Real Estate Statistics – July 2022 August 9, 2022
  • Ottawa Real Estate Newsletter – August 2022 August 8, 2022
  • Ottawa Condo for Sale
    Beacon Hill South
    2020 Jasmine Crescent
    August 7, 2022
  • Ottawa Real Estate News Release (OREB)
    Residential Resale Slowdown Begins A Shift Towards Balance
    August 6, 2022
  • Windmill plans new group home, residential towers near former site of Lincoln Fields Shopping Centre August 5, 2022
  • Is It Rude to Ask Guests to Take Off Their Shoes When Entering Your Home? August 4, 2022
  • Architect – William McDonough August 3, 2022
  • Sellers caught by price drops as housing market cools August 2, 2022
  • Emancipation Day / Colonel By Day August 1, 2022
  • Ottawa Condo for Sale
    Beacon Hill South
    1105-2020 Jasmine Crescent
    $279,900
    Virtual Tour
    July 31, 2022
  • How to Win the Argument Over the Right Temperature For Your Air Conditioner July 30, 2022
  • Ottawa Buskerfest Brings Fire Shows and High Flying Performances to Sparks Street This August Long Weekend July 29, 2022
  • I Bought My First Home 9 Months Ago — Here’s What I Wish I Did Differently July 28, 2022
  • Architect – Bruce Kuwabara July 27, 2022
  • CREA Housing Market Snapshot for June 2022 July 26, 2022
  • If there’s a recession coming, how can you weather the storm? July 25, 2022

filter groups – Working on this, stay tuned

Antiques Apartment Architecture Art Bathrooms Bedrooms Buying Canada Celebrations Cleaning Community Condos Ottawa DIY - Do it Yourself Elementary Attendance Boundary Maps Environment Favourite Businesses Garden Green Health Heritage Ottawa Home Decor Home Design Home Improvements Home Organization Home Utilities Houses for Sale Kitchens Life Hacks Listings Mortgage Rates Newsletter Open House Ottawa Outdoor Pets Real Estate News Realtor Rental Safety Sandy Hill Selling Small Space Smart Home Statistics Tourism

location – Working on this, stay tuned

Beacon Hill South Centre Town Ottawa Sandy Hill

att. tags – Working on this, stay tuned

Antiques Apartment Architecture Art Bathrooms Bedrooms Buying Canada Celebrations Cleaning Community Condos Ottawa DIY - Do it Yourself Elementary Attendance Boundary Maps Environment Favourite Businesses Garden Green Health Heritage Ottawa Home Decor Home Design Home Improvements Home Organization Home Utilities Houses for Sale Kitchens Life Hacks Listings Mortgage Rates Newsletter Open House Ottawa Outdoor Pets Real Estate News Realtor Rental Safety Sandy Hill Selling Small Space Smart Home Statistics Tourism

att. categories – Working on this, stay tuned

Antiques Apartment Architecture Art Bathrooms Bedrooms Buying Canada Celebrations Cleaning Community Condos Ottawa DIY - Do it Yourself Elementary Attendance Boundary Maps Environment Favourite Businesses Garden Green Health Heritage Ottawa Home Decor Home Design Home Improvements Home Organization Home Utilities Houses for Sale Kitchens Life Hacks Listings Mortgage Rates Newsletter Open House Ottawa Outdoor Pets Real Estate News Realtor Rental Safety Sandy Hill Selling Small Space Smart Home Statistics Tourism

About Us

Molly Hoyle Sales Representative
Claude Jobin Représentant des ventes

E-Mail

claude@claudejobin.com




Phone / Address

Phone: 613.804.7979
1723 Carling Avenue
Ottawa, Ontario


  • CONDOS:
  • in the Central Area
  • in the East
  • in the South
  • in the West

Copyright © 2022 · AgentPress Pro Theme on Genesis Framework · WordPress · Log in

Testimonials

Claude and Molly helped me find the home of my dreams. They were patient with all my requests, came up with the right listings to view, and were invaluable in the negotiations for the property we finally bought. thanks!