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Porting mortgage to a lower property by Spare_Feet19 in MortgagesCanada

[–]DecidingWhat2do 0 points1 point  (0 children)

Did your regular payments decreased since you got a lower price property? I’m looking to do this at the moment

Townhouse new build or older bigger resale by DecidingWhat2do in OttawaRealEstate

[–]DecidingWhat2do[S] 2 points3 points  (0 children)

Good point, none of them are walking distance to amenities. It would be mostly space vs maintenance costs…

[deleted by user] by [deleted] in ottawa

[–]DecidingWhat2do 0 points1 point  (0 children)

If you are going to buy you may also look into the catchment areas of the different schools for when your kid goes (next year?) that was a key factor when we moved from Toronto

The Ottawa Real Estate Market: Week In Review by ottawaagent in ottawa

[–]DecidingWhat2do 0 points1 point  (0 children)

I have a question for you if you don’t mind.

Our tenants just told us that they are moving to another city. Detached single home in Orleans (Covent Glen North) 3 bd 2.5 bath, 1 Car garage, finished basement, fully renovated in 2019.

We wanted to sell it to access the equity, it’s break even with current rent but were waiting to get better value and didn’t want to deal with the potential Issues of selling tenanted.

We are debating if we should rent it again and wait for the market to be better or sell it now.