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French Laundry/Gourmet Food/Dream Kitchens

French Laundry is an iconic restaurant in the Napa Valley region of California.  A couple weeks ago I was there.  Unfortunately you have to book months and months ahead for a reservation.  It looked so inviting!  And then I got to thinking – how could I create my own dining experience at home.  Of course… Read More

No Fall(ing) Back in Ottawa’s Resale Market

No Fall(ing) Back in Ottawa’s Resale Market

OTTAWA, October 5, 2016 – Members of the Ottawa Real Estate Board sold 1,371 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,241 in September 2015, an increase of 10.5 per cent. The five-year average for September sales is 1,171. “Again this month, we have broken the record for residential and… Read More

Record-breaking December, contributes to a strong 2015

Record-breaking December, contributes to a strong 2015

Members of the Ottawa Real Estate Board sold 703 residential properties in December through the Board’s Multiple Listing Service® System, compared with 638 in December 2014, an increase of 10.2 per cent. The five-year average for December sales is 653. The total number of residential and condo units sold through the Board’s MLS® System throughout… Read More

Typical Summer Resale Market in Ottawa

Typical Summer Resale Market in Ottawa

Members of the Ottawa Real Estate Board sold 1,436 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,440 in July 2014, a decrease of 0.3 per cent. The five-year average for July sales is 1,380. “Last July was the second best on record, and this July was only four units… Read More

Land Transfer Tax Decoded

Land Transfer Tax Decoded

When you purchase a home or a residential property in Ontario you are required to pay a ‘provincial land transfer’ tax.  Ontario Land Transfer Tax (LTT) is calculated on the purchase price (less a calculation regarding HST, if the property purchased is a newly built home).  LTT is payable by the buyer on the purchase price of… Read More