Real Estate

Ottawa Real Estate market discussion

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  • Jun 23rd, 2017 2:04 pm
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Deal Addict
Nov 26, 2004
1952 posts
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Applesmack wrote:
May 13th, 2017 11:48 pm
After doing more research it seems you are correct they include rebate in price.. Horrible and false advertising IMO. Pretty pissed. Oh well...
To be fair, if you were to look at advertised price of a new car, like the Nissan Leaf, it is usually advertised net of any manufacture rebates as well as government rebates.
Sr. Member
Dec 23, 2010
577 posts
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Ottawa
William W wrote:
May 14th, 2017 5:10 am
To be fair, if you were to look at advertised price of a new car, like the Nissan Leaf, it is usually advertised net of any manufacture rebates as well as government rebates.
How much of a discount do you think I can get on upgrades from a builder? Which one is usually more bang for buck: Mattamy or Minto?
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Jun 28, 2003
9563 posts
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Applesmack wrote:
May 14th, 2017 11:19 am
How much of a discount do you think I can get on upgrades from a builder? Which one is usually more bang for buck: Mattamy or Minto?
For new builds, I suggest you visit and find the information you are looking for on this forum as you can get more current info and updates from fellow home builders/buyers. A number of us who post here also post over there.

http://www.buildinghomes.ca./community/ ... y.php?f=35
Atomy Korean Beauty Care/Health Care/Household products available in Ottawa.
Member
Jan 15, 2017
335 posts
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Applesmack wrote:
May 14th, 2017 11:19 am
How much of a discount do you think I can get on upgrades from a builder? Which one is usually more bang for buck: Mattamy or Minto?
That will depend on the time of year and the specific community and how well it is selling. I have visited several presentation centres recently and the most common statement I hear is that new homes are selling quickly. The numbers seem to support that assertion (http://www.obj.ca/article/ottawa-new-ho ... umps-april).

Mattamy offers great deals on its early occupancy models. They are actually offering some great deals this weekend on some homes in its Orleans Summerside community. I know of a friend who bought with Mattamy and was able to negotiate discounts of about 10% on upgrades selected at the time of signing, but no further discounts. FYI - when I bought my Mattamy home, I had 3 opportunities to select upgrades - a limited number were available at signing, then a second session for structural and then a 3rd for finishes. Things may have changed since then though.
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Dec 23, 2010
577 posts
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Ottawa
skeet50 wrote:
May 14th, 2017 12:24 pm
That will depend on the time of year and the specific community and how well it is selling. I have visited several presentation centres recently and the most common statement I hear is that new homes are selling quickly. The numbers seem to support that assertion (http://www.obj.ca/article/ottawa-new-ho ... umps-april).

Mattamy offers great deals on its early occupancy models. They are actually offering some great deals this weekend on some homes in its Orleans Summerside community. I know of a friend who bought with Mattamy and was able to negotiate discounts of about 10% on upgrades selected at the time of signing, but no further discounts. FYI - when I bought my Mattamy home, I had 3 opportunities to select upgrades - a limited number were available at signing, then a second session for structural and then a 3rd for finishes. Things may have changed since then though.
10% off upgrades sounds reasonable. I will try to negotiate that.

Also do you know if instead of the oasis I'm just able to replace the tub with a shower?
Member
Jan 15, 2017
335 posts
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Applesmack wrote:
May 14th, 2017 12:35 pm
10% off upgrades sounds reasonable. I will try to negotiate that.

Also do you know if instead of the oasis I'm just able to replace the tub with a shower?
We couldn't, but that was 5 years ago and things could have changed. FWIW: We were very pleased with the home buying experience with Mattamy and continue to be pleased with the home 5 years later. I would definitely buy with Mattamy again.
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Jan 15, 2017
335 posts
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daverobev wrote:
May 14th, 2017 2:19 pm
Can someone give me an idea of what I would expect to get for my condo/strata fee on something like

https://www.realtor.ca/Residential/Sing ... -Glencairn

I think water, snow removal?, all exterior stuff (windows etc??) is included?
Interesting that the listing states that the condo fees include care taker. I just did a google street view of the address and am a little surprised. There are quite a few houses in the complex so it isn't a small condo board. There are some homes with screen exterior doors and some without, which is a little odd as most times I would expect to see all with or none with. Enclosed rear yards indicate that home owners may be responsible there.

I also noticed in the street view that the complex didn't appear to be well looked after. It must have been early Fall and there were fallen leaves in driveways and noticeable soiling and what appeared to be green mould on the exterior of some homes. Grass was quite brown on some homes and weed infested on others. This would lead me to believe that either individual owners are responsible or the board is just not maintaining it well.

Is snow removal included? Certainly something worth verifying in the condo certificate. But, for me, the google street view has me questioning what should be taken care of and what actually is.
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Nov 11, 2004
2688 posts
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swales wrote:
May 12th, 2017 5:06 pm
Break even? Unless it's a case of an emergency I don't know many people selling to break even. Also I would never pay 5% commission when selling but I don't see the need to rely on realtors, esp at full commission
Im sure it happens more often then you'd think

5% + Hst is a huge chunk to take away from the selling price.

Sure it may have sold for 20-25 thousand more then they paid, but that goes to the realtor
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Oct 3, 2004
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ilusa wrote:
May 14th, 2017 6:08 pm
Im sure it happens more often then you'd think

5% + Hst is a huge chunk to take away from the selling price.

Sure it may have sold for 20-25 thousand more then they paid, but that goes to the realtor
I'm still going with I doubt very few. I've sold several houses as have family, friends, neighbors and no one ever came out even, all made a profit and like said before unless someone has no choice but to sell I doubt they would do it to break even.

Also, why pay 5%? There's no need to pay full commisons, you have to be nuts to do that. Ask for a discount or go to the next of the hundreds of agents waiting in line, most I've paid is 3% total but usually only 2.5%.
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Dec 8, 2010
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skeet50 wrote:
May 14th, 2017 2:56 pm
Interesting that the listing states that the condo fees include care taker. I just did a google street view of the address and am a little surprised. There are quite a few houses in the complex so it isn't a small condo board. There are some homes with screen exterior doors and some without, which is a little odd as most times I would expect to see all with or none with. Enclosed rear yards indicate that home owners may be responsible there.

I also noticed in the street view that the complex didn't appear to be well looked after. It must have been early Fall and there were fallen leaves in driveways and noticeable soiling and what appeared to be green mould on the exterior of some homes. Grass was quite brown on some homes and weed infested on others. This would lead me to believe that either individual owners are responsible or the board is just not maintaining it well.

Is snow removal included? Certainly something worth verifying in the condo certificate. But, for me, the google street view has me questioning what should be taken care of and what actually is.
I meant generally speaking, what can/should one expect to be included in those condo fees, in this area - not, what specifically for this unit. But thanks anyway.
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Jul 4, 2004
3443 posts
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Ottawa
daverobev wrote:
May 14th, 2017 7:59 pm
I meant generally speaking, what can/should one expect to be included in those condo fees, in this area - not, what specifically for this unit. But thanks anyway.
What's included varies by the condo board. This one includes water and I suspect that's about it. Very likely only includes snow removal on common areas / shared road but you'd be responsible to remove the snow at your unit. Same thing might apply for lawn care - they might cut the lawn of common areas but you have to cut your own yard.

Windows (not always included)) and roof (often included) and other maintenance also vary by condo board - some have it, some don't.
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Nov 13, 2013
587 posts
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michelb wrote:
May 15th, 2017 8:18 am
What's included varies by the condo board. This one includes water and I suspect that's about it. Very likely only includes snow removal on common areas / shared road but you'd be responsible to remove the snow at your unit. Same thing might apply for lawn care - they might cut the lawn of common areas but you have to cut your own yard.

Windows (not always included)) and roof (often included) and other maintenance also vary by condo board - some have it, some don't.
Yes it does vary. This is a very low fee (water alone could be $100 a month though less if mostly older single people) so if they are covering windows and roofs it is may be underfunded and there will be a special assessment when replacement is needed. The other big expense in these type of condos can be the access laneways or roads. You need to not only pay for snow removal and maintenance but also insurance. This corp has a lot of units so this part may be more affordable. I have seen freeholds that had a common expense that only covered this type of laneway and it was nearly $300 a month.
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Dec 27, 2009
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swales wrote:
May 13th, 2017 8:05 pm
Which is what I said but really how many cases are there like that, I would say very few in Ottawa.
Military families when they have to move (and furthermore they aren't going to care as much about small losses as it gets covered for them up to 25K). Yes, people would rather come out with profit, but that isn't always possible - at least they get the loss covered unless it came to more than 25K. Divorce situations are common too. There are MANY situations where people are forced to sell and don't always come out ahead.
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Aug 14, 2007
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Ottawa
Chickinvic wrote:
May 15th, 2017 10:20 am
Military families when they have to move (and furthermore they aren't going to care as much about small losses as it gets covered for them up to 25K). Yes, people would rather come out with profit, but that isn't always possible - at least they get the loss covered unless it came to more than 25K. Divorce situations are common too. There are MANY situations where people are forced to sell and don't always come out ahead.
Agree, especially if you buy and sold within past five years in Ottawa market. Ottawa market is only up 2% from Year 2012 to 2016, it is not easy break-even if you include realtor fee, taxes and other fees. I know a couple who bought a big house and divorced, and they forced to sell and take a big loss.

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