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Income Properties: What You need to Know about Buying an Investment Property

Income Properties: What You need to Know about Buying an Investment Property

October 13, 2015 | Comments Off on Income Properties: What You need to Know about Buying an Investment Property

“Don’t wait to buy land, buy land and wait” – Will Rogers     Income Properties: Are you Ready?  Owning a rental property may seem like a licence to print money.  Interest rates are low, the Ottawa Real Estate Market is stable …what could be easier?  Buy a property, lease it, collect cheques and plan your retirement.  But…before purchasing an income property, you should be aware of the benefits and drawbacks.   Advantages of Income Properties: You pay less tax. Because your secondary property is a business, you can deduct certain expenses from your income (mortgage interest, property taxes, insurance,
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Home Buyers: Working with a REALTOR®

Home Buyers: Working with a REALTOR®

September 28, 2015 | Comments Off on Home Buyers: Working with a REALTOR®

Real estate has undoubtedly become one of the biggest industries in the world.  Buying and selling of real estate property are obviously major financial undertakings for anyone and these transactions need to be executed in a professional way. With this in mind, working with a REALTOR® is crucial in selling or buying deal of real estate property. In Ottawa, REALTORS® have their own professional association known as the Ottawa Real Estate Board. From this association, our fully trained REALTORS® have insider access to MLS statistics about real estate activity, sales of property, the median price and market conditions. Since the interpretation of these statistics is
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How Google Sunroof is Changing Homeowners' Costs

How Google Sunroof is Changing Homeowners' Costs

September 28, 2015 | Comments Off on How Google Sunroof is Changing Homeowners' Costs

How Google Sunroof Works Employing the high-resolution aerial mapping used by Google Earth, Project Sunroof calculates the amount of sunlight reaching your roof to assess its potential for solar power.  It takes a variety of factors into account including local weather conditions, shade from nearby trees and buildings and sun positions throughout the year.  The tool combines this information with data from your household’s monthly electricity bill, factors in panel orientation and tilt to the roof surface to calculate average monthly and annual solar radiation, recommends the size of solar installation needed and estimates the cost to purchase or lease
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How Google Sunroof is Changing Homeowners’ Costs

How Google Sunroof is Changing Homeowners’ Costs

September 28, 2015 | Comments Off on How Google Sunroof is Changing Homeowners’ Costs

How Google Sunroof Works Employing the high-resolution aerial mapping used by Google Earth, Project Sunroof calculates the amount of sunlight reaching your roof to assess its potential for solar power.  It takes a variety of factors into account including local weather conditions, shade from nearby trees and buildings and sun positions throughout the year.  The tool combines this information with data from your household’s monthly electricity bill, factors in panel orientation and tilt to the roof surface to calculate average monthly and annual solar radiation, recommends the size of solar installation needed and estimates the cost to purchase or lease
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Strong summer performance for Ottawa's resale market

Strong summer performance for Ottawa's resale market

September 3, 2015 | Comments Off on Strong summer performance for Ottawa's resale market

Check out the latest Ottawa Real Estate Statistics from the Ottawa Real Estate Board The summer real estate market has been strong in the Ottawa area, as we head into fall we’ll keep you updated on the latest Ottawa Real Estate market news!  Are you interested in a specific neighbourhood?  Please contact us! We have the latest Ottawa neighbourhood statistics available. _____________________________________________________ Members of the Ottawa Real Estate Board sold 1,279 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,200 in August 2014, an increase of 6.6 per cent. The five-year average for August sales
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Strong summer performance for Ottawa’s resale market

Strong summer performance for Ottawa’s resale market

September 3, 2015 | Comments Off on Strong summer performance for Ottawa’s resale market

Check out the latest Ottawa Real Estate Statistics from the Ottawa Real Estate Board The summer real estate market has been strong in the Ottawa area, as we head into fall we’ll keep you updated on the latest Ottawa Real Estate market news!  Are you interested in a specific neighbourhood?  Please contact us! We have the latest Ottawa neighbourhood statistics available. _____________________________________________________ Members of the Ottawa Real Estate Board sold 1,279 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,200 in August 2014, an increase of 6.6 per cent. The five-year average for August sales
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Ottawa Real Estate Market Update: Summer report!

Ottawa Real Estate Market Update: Summer report!

August 10, 2015 | Comments Off on Ottawa Real Estate Market Update: Summer report!

The latest statistics from the Ottawa Real Estate Board have been released.  The information below includes market highlights from July 2015 stats and include all of  Ottawa and the surrounding area. Are you curious about a specific neighbourhood or property?  Please Contact Us – we’d love to hear from you! Typical summer resale market in Ottawa (information from the Ottawa Real Estate Board ) Members of the Ottawa Real Estate Board sold 1,436 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,440 in July 2014, a decrease of 0.3 per cent. The five-year average for July
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Nelson House Donation

Nelson House Donation

March 24, 2015 | Comments Off on Nelson House Donation

With the help of many generous supporters, every year Mary Lindsay, a Royal LePage Team Realty sales representative,  organizes a  “Yesterday’s” sale at our Royal LePage Team Realty branch at 1335 Carling Avenue.  This group collects gently used clothing, jewelry and silent auction items which are then sold over 2 days. All money raised is then donated to a local women’s shelter. Earlier today Mary Lindsay, Theresa Seguin and Brian Sukkau presented a $2000 donation to Ottawa’s Nelson House.  Nelson house exists to “provide safety for women and children who are being abused and to work with other groups and
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Square Footage of Homes… Why Such a Mystery?

Square Footage of Homes… Why Such a Mystery?

May 7, 2014 | Comments Off on Square Footage of Homes… Why Such a Mystery?

When it comes to measuring square footage for a home or condominium it’s not so easy! Buyers always ask their sales representative for information on the square footage of the home they are considering buying and realtors always want to know approximately how many square feet exists in the home or condominium they are selling.   Unfortunately organized real estate no longer promotes the use of square footage in the details of housing  due to the potential liability on the homeowner and real estate agent as a result of the inconsistency of how a home can be measured. Unfortunately there
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Royal LePage Team Agent’s Love Their Neighbourhoods and Want to Recognize Those that Make it a Great Place to Live!

Royal LePage Team Agent’s Love Their Neighbourhoods and Want to Recognize Those that Make it a Great Place to Live!

April 17, 2014 | Comments Off on Royal LePage Team Agent’s Love Their Neighbourhoods and Want to Recognize Those that Make it a Great Place to Live!

  Your Royal LePage Team Agents from across Ottawa and surrounding areas want to recognize those individuals that make our communities such a great place to live. Collectively they have created a Contest to allow for you to tell them about your “Great Neighbour”. Tell a  Royal LePage Team Agent  About Your Great Neighbour and Your Neighbour Will be Entered to Win  Great Prizes Monthly of an Ottawa “Staycation” and a Chance to at the Grand Prize of a Caribbean Cruise! You only have to nominate your neighbour once – each entry is eligible to be selected as a winner
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