Real Estate

Ottawa Real Estate market discussion

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Deal Addict
Mar 27, 2011
1281 posts
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Nowhere
Yea... 400 - 550K is not going to get you into most of the neighbourhoods mentioned especially if we are talking about houses. Condos is another story but since you talked development and listed all those neighbourhoods I am guessing you want a house.

There is only one rare house (semi) in Rothwell Heights under 400K.
In New Edinburgh 500K will buy you an apartment.
As far as Centertown core goes (which is a variety of housing) the very top end of your budget would barely even get you a small house to reno. You maybe could find a semi.

Remember that $370 000 is around the average price of a house in Canada. 400K - 550K will not buy you the downtown house you want.

Considering I am in the burbs and my house is 400K (4 bedrooms, 3 baths), detached, with small backyard, 1993 build, I would think you may need to reassess what you are looking for.

Edit: Go to MLS. But in all your criteria and watch a lot of the dots disappear. I for example started with everything in centertown and then put in $550 000 as top price, also changed type to HOUSE. There are less than 10 dots.
[OP]
Deal Addict
Nov 26, 2004
2612 posts
757 upvotes
canabiz wrote: 2. The Fed has bought the former Nortel building on Moodie. Word is National Defense will *consolidate* and move most of its HQ employees there. No idea when it will happen but I would not be too happy living in Orleans and having to commute to Moodie.

It is confirmed that National Defence will be moving to the Nortel Campus on Moodie. In fact, I believe PWGSC is in the process of fitting up some of the building as we speaks. The problem is Nortel hasn't invest much in to the infrastructure of the building since 2001, so it will take a while, possibly 2013-14, before the first group of occupants will be moving in. I suppose this can pose as an additional risk to buying in Orleans (aka CFB Orleans) as currently there are a lot of military personnel and those who currently works for the department living in that part of town.
[OP]
Deal Addict
Nov 26, 2004
2612 posts
757 upvotes
QuietReign wrote: My budget is 400-550k depending on the potential of the property... Btw I'm not looking for a house in rockcliffe park, I know its the cream of the crop of Ottawa.. I just want something close to downtown with development potential...

I should add: by potential i dont mean vanier style, I mean people are already building and its already an established neighborhood (or close to it)... i guess if the glebe was cheaper it would have been perfect....
This listing is at the higher end of your budget, but I think it is what you`re looking for as it is located close to downtown, 5 minutes walk to the Transit Way, in an establish neighbourhood, and if you drive around the area, there are lots of construction activities where people are either building extensions, renovating, or building mansions like this one that sits on a similar lot.

The only bad part with this one is the house is older and really small, and it is a huge lot where there are a lot of grass to cut during the summer.

I would definitely be interested, if it wasn`t for this huge dark cloud hanging over this city because Harper is looking to cut another 10% of the government on top of the 5% cut that is starting to take effect this year.
Sr. Member
Dec 6, 2006
674 posts
32 upvotes
QuietReign wrote: My budget is 400-550k depending on the potential of the property... Btw I'm not looking for a house in rockcliffe park, I know its the cream of the crop of Ottawa.. I just want something close to downtown with development potential...

I should add: by potential i dont mean vanier style, I mean people are already building and its already an established neighborhood (or close to it)... i guess if the glebe was cheaper it would have been perfect....

Have you looked at houses on the Quebec side? There are many developments areas that are about 8-10 minutes from Downtown Ottawa. You can get a major McMansion for 500K on this side of the border.
Deal Addict
Mar 27, 2011
1281 posts
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Nowhere
I would discourage Quebec being a biased Ontarian who unfortunately had to live in Quebec from May to January. We went over to Ontario to buy groceries because we hated it so much.

Be prepared to sit around in traffic especially if you are coming in from East side on the 50. It takes all of 10 minutes to get into the city on the weekend but sure as heck does not if you have a job that starts at 8 or 9 o clock. The lineups for the bridges in morning and night are absolutely horrendous if you are not out there by 3:30. Even then an accident can screw everything up. It is not as though you have a million alternate routes, you have to cross the river.

Oh and be prepared to pay out the ass for taxes. That is where they get you. Cheap housing, but high taxes to subsidize damn near everything. Know a few people who are selling and moving back over because of that issue. Thankfully never paid set taxes during my brief stint there.

Though I have heard Aylmer is ok but it is all new developments so you are not going to have that room to buy a property, reno it and turn a profit like you would if you bought a crapper house in the Glebe and renovated it.
Sr. Member
Dec 6, 2006
674 posts
32 upvotes
dibksbgon wrote: I would discourage Quebec being a biased Ontarian who unfortunately had to live in Quebec from May to January. We went over to Ontario to buy groceries because we hated it so much.

Be prepared to sit around in traffic especially if you are coming in from East side on the 50. It takes all of 10 minutes to get into the city on the weekend but sure as heck does not if you have a job that starts at 8 or 9 o clock. The lineups for the bridges in morning and night are absolutely horrendous if you are not out there by 3:30. Even then an accident can screw everything up. It is not as though you have a million alternate routes, you have to cross the river.

I won't comment on the first part as it seems you have issues to work out.

I do agree that anything in Gatineau Gatineau (as opposed to Aylmer and Hull) is absolutely horrendous traffic wise. Although they are supposed to build a new bridge to help.

Aylmer and Hull is not that bad. A commute that takes 10 minutes might take 15-20 with the traffic.

Yes, you do pay more provincial income taxes, but you also get benefits that might be interesting especially for young families (e.g., 4$ per day subsidized kids sitters and other programs). I would also think that municipal taxes would tend to be lower for a similarly sized home(since it will be 550K on one side and 300K on the other).

All in all, you need to evaluate if the overall package is interesting.
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May 12, 2004
9759 posts
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Ottawa
guigz wrote: Aylmer and Hull is not that bad. A commute that takes 10 minutes might take 15-20 with the traffic.

Yes, you do pay more provincial income taxes, but you also get benefits that might be interesting especially for young families (e.g., 4$ per day subsidized kids sitters and other programs). I would also think that municipal taxes would tend to be lower for a similarly sized home(since it will be 550K on one side and 300K on the other).

All in all, you need to evaluate if the overall package is interesting.

I've lived there, and there is no way in hell you can get from Aylmer to downtown Ottawa in 15min in rush hour. Downtown Hull maybe but never from Aylmer.

Don't move for the $4 daycare gimmick. If your kids were not put on a waiting list the day their mother gave birth forget about it. Believe it or not, kids of parents on welfare have priority over workers for $4 daycare.

On average your taxes will be 7% higher. On a single 50K income we're talking $3500/yr.

That being said, if you're more of a socialist it might be an option for you. If you prefer to take care of your affairs and have low dependency on your government, seeing them cater to the lowest common denominator will be sickening. Hence why I moved 15 years ago. Mind you this is what certain people prefer...just not for me.
Sr. Member
Dec 6, 2006
674 posts
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Cas77 wrote: That being said, if you're more of a socialist it might be an option for you. If you prefer to take care of your affairs and have low dependency on your government, seeing them cater to the lowest common denominator will be sickening. Hence why I moved 15 years ago. Mind you this is what certain people prefer...just not for me.

Huh... ok. So if we dont agree with you we are communists and unable to care for our own affairs? Nice argument there.

Anyway, enjoy the expensive hydro, beer, hst... etc.
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May 12, 2004
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guigz wrote: Huh... ok. So if we dont agree with you we are communists and unable to care for our own affairs? Nice argument there.

Anyway, enjoy the expensive hydro, beer, hst... etc.

Why are you bringing communism into this? I clearly said socialist, why are you putting words in my mouth and exaggerating?

Regardless, there's no need to be defensive nor agree with me. I simply pointed out my arguments for moving from Quebec to Ontario for the benefit of the poster looking to purchase a house. This is not a competition. :facepalm:

Oh and Quebec was the first province to implement HST in the early 90's.
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Oct 4, 2009
2595 posts
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Montreal
Cas77 wrote: Oh and Quebec was the first province to implement HST in the early 90's.
Huh? To this day we still do not have HST, each tax is separate.
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May 12, 2004
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S5 wrote: Huh? To this day we still do not have HST, each tax is separate.

Wow. The government is doing a really good job of pulling the wool over your collective eyes. Politicians take note; all it takes is to choose your wording and it'll go over the head of the masses...

How much TOTAL sales tax are you paying in Quebec? Once you figure that out the 'harmonization' may come to light.
Sr. Member
Dec 6, 2006
674 posts
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Cas77 wrote: How much TOTAL sales tax are you paying in Quebec? Once you figure that out the 'harmonization' may come to light.

13.5% nominal on items where both taxes apply.

I believe S5's point was that the taxes were not harmonized. Meaning that where only one tax applies, you do not need to pay both as opposed to HST where you always pay the entire thing.

If harmonized taxes did not make any difference over separate taxes, why do you think BC make such a fuss over the harmonization?

A: Because it matters...

Anyway let's get this thread back on topic.
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May 12, 2004
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guigz wrote: 13.5% effective on items where both taxes apply.

You mean 13.5 nominal and 13.925 effective soon to be 14.975 eff. People seem to forget the the tax is taxed since they put it on 2 seperate lines.

Agree let's get back on topic.
[OP]
Deal Addict
Nov 26, 2004
2612 posts
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S5 wrote: Huh? To this day we still do not have HST, each tax is separate.

This is an article written about the HST Compensation received by Quebec. So if Quebec does not have HST, what is the $2 billion for?
This week, federal Finance Minister Jim Flaherty said his June 6 budget would include “provisions” to retroactively compensate Quebec for harmonizing its provincial sales tax with the GST in the early 1990s
Deal Addict
Oct 4, 2009
2595 posts
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Montreal
William W wrote: This is an article written about the HST Compensation received by Quebec. So if Quebec does not have HST, what is the $2 billion for?

Did you read the article? It spells it out pretty clearly. We don't have HST although not sure the name makes a whole lot of difference.

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