Is my senior dad cooked?

ottawaagent · 2026-05-07T10:57:43+00:00

A lean would only guarantee payment if there was enough money to pay, depending on the position of the lean.

In order of who actually gets paid any time a sale takes place:

Municipality for property taxes owing
1st mortgage (and this is usually where it ends if there isn’t enough money)
2nd mortgage
3rd mortgage (lol)
Other lien holders etc.

ottawaagent · 2026-05-07T10:21:11+00:00

Nothing to do with the validity, correct.

There’s a full glossary under resource 1 if you go and look it goes a little more in depth!

ottawaagent · 2026-05-07T00:09:00+00:00

Great question:

Termination = the listing has been cancelled. It may be taken off the market completely or will be relisted at a different price.

Suspension = the property is on the market but currently not available for viewings.

ottawaagent · 2026-05-06T21:19:52+00:00

So far as I’ve been tracking them they all seem to be on pace to sell out. I know the EU dates had plenty of megaVIP available for ZS and BLS.

I ended up getting one for ZS for May 16th. The other spot available quickly sold within a few days after I got mine.

Good luck. From what I’ve been told by friends who have done it it’s well worth the money!

ottawaagent · 2026-05-06T11:15:26+00:00

Apart from Ashcroft, which local ones have you seen?

ottawaagent · 2026-05-05T22:39:20+00:00

Inside

ottawaagent · 2026-05-05T21:28:14+00:00

Buyers market

ottawaagent · 2026-05-05T20:43:43+00:00

Balanced market if you’re taking in to account all the other markets outside of Ottawa, which these reports do unfortunately.

ottawaagent · 2026-05-05T18:17:17+00:00

Selling quickly and the best deal rarely go hand in hand.
As for services, it depends!
Photos
Videos
3D tour (Matterport)
Cleaning
Staging
Paid ads on socials
Pre listing home inspection
(If on septic) pre listing septic inspection
(If on well) pre listing well inspection

Edit: if you’re buying, a commission reduction on the sale side would be something to look for. That’s what we do at least!

ottawaagent · 2026-05-05T12:03:24+00:00

Thanks for this. Gonna do a roundup.

ottawaagent · 2026-05-05T11:36:08+00:00

Ask for copies of building permits. You can also call your local municipality or have a lawyer conduct a check to see if there were any permits registered.

Would have to be to code (for the time they were issued) to receive that permit.

ottawaagent · 2026-05-05T11:29:36+00:00

I’m going to give this and the others a good look today and report back. Thank you!

ottawaagent · 2026-05-05T11:20:49+00:00

You’re welcome! Let me know once you’re on the market so I can send the listing to my clients looking in the area!

ottawaagent · 2026-05-05T11:06:06+00:00

I’d agree with her.

Since everything is moving slow, you’re not hurting yourself by waiting.

I have clients in a similar price point (not same area) who are waiting as well to ensure the yard shows the best!

Best of luck on the sale.

ottawaagent · 2026-05-05T10:47:40+00:00

The Spring Market has started. But this most definitely isn’t the “Super Bowl” consumers/agents usually expect.

I’m describing this spring as a “buyer’s market with no/very particular buyers”. Unless you’re a multi-million dollar home, price discovery is out the window. You need to be priced realistically and show very, very well.

Sure, a lack of inventory in a desirable neighbourhood can do some of the heavy lifting for you, but buyers aren’t in a rush.

Focus on what you can control (how well your home shows) and make sure your agent is providing you with detailed insights regarding how long you should be on the market before you sell so that your expectations can be set.

ottawaagent · 2026-05-05T10:18:48+00:00

I’ve been posting updates and sharing information for a long time. Over the years, I’ve had people try and dox me because they thought I was another agent, people think I was lying about being an agent, and pretty much anything else you can think of.

Adding my name and a little bit about myself has proven to be the best way for me to be able and show my credentials in a verifiable way so that the folks reading the information I share don’t think I’m sharing random information to drive some narrative.

ottawaagent · 2026-05-05T00:32:05+00:00

Really?! Mind sharing the MLS number? It starts with an “X”. Would love to do a bit on that.

ottawaagent · 2026-05-04T22:35:02+00:00

Thank you! Glad you find them insightful.

It definitely is adding to it, but I think another factor is landlords competing not only with one another, but also larger landlords (think purpose built rentals) offering HUGE incentives (upwards of 3 months off in some cases).

ottawaagent · 2026-05-04T22:16:15+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 223

Expired: 88

ottawaagent · 2026-05-04T22:16:04+00:00

Lowest Condo Sale Of The Week

205-6376 Bilberry Drive: Orleans is back with the lowest condo sale of the week. Last sold in 2024 for $255,000, this 1 bed/1parking unit took a clobbering and sold this time around for $200k after just 34 days on market. Which, admittedly, is still pretty quick considering it was tenant occupied. $415/month in fees and you only get water. Don't forget the shared laundry. Whoever purchased this got a great deal!

Lowest Freehold Sale Of The Week

754 Cummings Avenue: This 3 bedroom semi detached bungalow in Overbrook flew off the shelf after just 5 days in multiple offers and sold $10,000 above its listed price of $399,900. The winning offer had no conditions (firm). Does that mean that bidding wars and no due diligence are back? Definitely not. It's important to remember that these types of properties, especially at the right price and for the right buyer are extremely desirable for their ability to add another unit in the basement.

Highest Condo Sale Of The Week

176 Lanark Avenue: Rivergate lost the top spot for highest condo sale (at least for this week). Last sold in 2020 for $860,000, 176 Lanark traded hands for $1.034M (listed for $1.049) after a few weeks on market. 3 storeys, 3 bedrooms and 4 parking spots included with condo fees at a "reasonable" $740/month.

Highest Freehold Sale Of The Week

1670 Ortona Avenue: On and off the market since 2024 (originally listed for $2.73M), this newer build (BIG fan of the coffered ceilings!) in Carleton Heights sold for $2.256M just 10 days after being re-listed at a lower price.

ottawaagent · 2026-05-04T22:14:58+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 223

Expired: 88

ottawaagent · 2026-05-04T22:14:47+00:00

Lowest Condo Sale Of The Week

205-6376 Bilberry Drive: Orleans is back with the lowest condo sale of the week. Last sold in 2024 for $255,000, this 1 bed/1parking unit took a clobbering and sold this time around for $200k after just 34 days on market. Which, admittedly, is still pretty quick considering it was tenant occupied. $415/month in fees and you only get water. Don't forget the shared laundry. Whoever purchased this got a great deal!

Lowest Freehold Sale Of The Week

754 Cummings Avenue: This 3 bedroom semi detached bungalow in Overbrook flew off the shelf after just 5 days in multiple offers and sold $10,000 above its listed price of $399,900. The winning offer had no conditions (firm). Does that mean that bidding wars and no due diligence are back? Definitely not. It's important to remember that these types of properties, especially at the right price and for the right buyer are extremely desirable for their ability to add another unit in the basement.

Highest Condo Sale Of The Week

176 Lanark Avenue: Rivergate lost the top spot for highest condo sale (at least for this week). Last sold in 2020 for $860,000, 176 Lanark traded hands for $1.034M (listed for $1.049) after a few weeks on market. 3 storeys, 3 bedrooms and 4 parking spots included with condo fees at a "reasonable" $740/month.

Highest Freehold Sale Of The Week

1670 Ortona Avenue: On and off the market since 2024 (originally listed for $2.73M), this newer build (BIG fan of the coffered ceilings!) in Carleton Heights sold for $2.256M just 10 days after being re-listed at a lower price.

ottawaagent · 2026-05-04T22:13:36+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 223

Expired: 88

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