The Molly & Claude Team

The Molly & Claude Team Realtors Ottawa, Royal LePageTeam Realty

Architect – Gert Wingardh – Wingårdh Arkitektkontor

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Gert Wingardh was born April 26, 1951 in Skovde, Vastergotland, Sweden. He studied economics, art history, and finally architecture. He is one of Sweden’s most esteemed artchitects. He states that visiting the Pantheon in Rome made him want to become architect. Gert Wingardh’s style is described as Maximalist or Modern Baroque. As maximalist myself in my decorating style I can relate to that. He incorporates an element of surprise within the designs of his buildings. I love the shapes and the colours. He most admires Frank Llowd Wright, Hand Scharoun, Carlo Scarpa, Frank Gehry, and Peter Zumthor.

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Ottawa Real Estate Board (OREB)
Latest News Release
Ottawa`s Spring Market Churning Along

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OTTAWA, June 4, 2018 –  Members of the Ottawa Real Estate Board sold 2,279 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,294 in May 2017, a decrease of 0.7 per cent. The five-year average for May sales is 2,041. May’s sales included 485 in the condominium property class and 1,794 in the residential property class.

“Although our overall inventory stock is down in both the residential and condo market, the number of listings coming onto the market this month is typical spring activity,” states Ralph Shaw, President of the Ottawa Real Estate Board. “The sheer number of home sales that took place in May indicates that inventory is turning over quickly – certainly a sign that Ottawa is a healthy real estate market.”

The average sale price of a residential-class property sold in May in the Ottawa area was $464,401, an increase of 6.3 per cent over May 2017. The average sale price for a condominium-class property was $281,247, an increase of 3.4 per cent from May 2017.*

“In the first five months of 2018, the value of a single-family home has increased about 8% and approximately 6.5% for condominiums,” Shaw notes. “This price acceleration is encouraging news for homeowners who have now seen an average of 3% price growth per year for the last five years.”

“Much of the total increase in property values have been experienced since the beginning of this year. Not only will this help new homebuilders validate their pricing since construction costs and development fees are so high, but it also will give baby boomers incentive to sell their homes which will help put inventory back onto the market,” he explains.

“While our inventory stays at historically low levels, especially in some neighbourhoods, there will continue to be upward pressure on home prices. We definitely have the demand for housing in this city not only because it is still very affordable but because all the fundamentals are solid here. However, our city does need to have a longer-term housing supply strategy so that we aren’t confronted with future affordability challenges,” Shaw advises.

The $300,000 to $449,999 range remains the most active price point in the residential market, accounting for 45 per cent of home sales, while the $500,000 to $750,000 range continues to gain momentum, now representing almost one-quarter of residential home sales.

“Between $150,000 and $249,999 was May’s most active price point in the condominium market, accounting for 49 per cent of the units sold,” Shaw reports. “Moreover, apartment condos represent 52 per cent of the sales. This is likely a reflection of the low vacancy rate in the rental market. If you can scrape together a down payment, the carrying costs of one of these condos should be less than renting,” he suggests.

In addition to residential and condominium sales, OREB Members assisted clients with renting 1,020 properties since the beginning of the year.

*The Board 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 and conditions will vary from neighbourhood to neighbourhood.


Ottawa Condo for Sale
Lower Town
1806-160 George Street
$439,900

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Beautifully renovated downtown luxury condo with spectacular views. 2 bedrooms and 2 full bathrooms. Hardwood floors in living room, dining room and bedrooms. Kitchen with quartz countertops and stainless steel appliances. Finished balcony with baseboard heating and ceramic tiles. Includes 1 storage locker and 1 underground parking space. Building with great amenities: 24 hour security, indoor pool, outdoor terrace with BBQ’s, exercise room, sauna, guest suite, indoor car wash area, bicycle storage.




Open House
1006-158A McArthur
Vanier
$139,900
Sunday, June 3
2pm to 4pm

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Bright one bedroom condo. Generous living-dining room with large balcony. Well maintained. Insuite locker. Parquet flooring throughout. Newer windows with door to large Balcony. Unit comes with 1 underground parking spot with inside entry and there is ample visitor parking. Building has a newly renovated lobby, mail room, laundry facilities, bike room, covered parking, an indoor pool, sauna, workshop, hair salon, library and on-site management. Quiet, well maintained building with lots of amenities included in the condo fee including an indoor pool, sauna and exercise room. Centrally located- steps to Transit, Groceries, Parks, and the Ottawa River. Heated Underground parking. Great walk score: 83. Quick access to highway, centrally located next to RCMP and CBSA building as well as parks and river. Close to CSIS, CSE, shopping, restaurants, medical services, and so much more. Minutes to downtown and universities.



Virtual Tour




Ottawa Retirement Residence
Maplewood

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Maplewood Retirement Community is located at the corner of Neighbourhood Way and Industrial Avenue. Suite sizes start at 354 square feet and go up to 1280 square feet. The price range for independent living is from $2,950 to $7,500. Maplewood offers a wide range of amenities including a swimming pool, gym, gardening plots, shuffleboard court, walking paths, and many social activities. Visit their website for addtional information.

The residence is surrounded by parks, and close to the Rideau River. Situated down the street from the Ottawa Train Yards and close to the St Laurent Shopping Centre and Bilings Bridge Shopping Centre.

Call Diane Charleboix, Marketing Manager of Maplewood at 613.656.0556 or email her at dcharlebois@riverstoneretirement.ca to set up a viewing.

If you need a realtor to assist you in this transition call the Molly & Claude Team. We have experience helping seniors during this transitory period.












If you need a realtor to assist you in this transition call the Molly & Claude Team. We have experience helping seniors during this transitory period.


Architecture – Royal Family Residences

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I admit it, watching the Royal Wedding subsequently had me wondering: Where will the newly minted Duke and Duchess of Sussex live? One thing led to the other and I started to wonder where do the others live? We know where the Queen lives, that’s been the subject of a previous post but what of the others.

Anmer Hall

This late-Georgian style house in Norfolf, is in the style of a Georgian country house. It was a wedding gift to the Duke and Duchess of Cambridge (William and Catherine) from the Queen. It was built in the 18th century and forms part of the Sandringham estate.




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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