Condo corporations are required to maintain a “reserve fund”. The money held in the reserve fund account is used to fund major repairs to the condo’s common elements. Onsite reserve fund studies are conducted every six years, with updates to the studies (without site inspection) occurring at the three year mark between the onsite …
HST rebates are available to purchasers of new condominiums. If you are purchasing the unit to occupy it yourself, the rebate can be credited to you immediately on closing. This provides an added incentive to home buyers to purchase new construction as they don’t need to pay the full tax and claim the rebate afterwards. …
Summer and barbecues go hand in hand, and that is no different for those living in condos who want to enjoy a meal cooked on the grill while sitting on their balcony. Neither the Ontario Fire Code nor the Technical Standards and Safety Authority prevent the use of barbecues on balconies – their use is …
Very soon a number of condo units are going to hit the market once again in one of Ottawa’s most luxurious condo buildings– The Merit. It has been a number of years since the most sought after units were swept up during the pre-construction phase. Those who pre-purchased are soon going to have the opportunity …
Are pets allowed in this condo building? Your friend says “no,” your realtor says “yes,” the mailman says “no.” The good news is that there is always a correct answer. Rules regarding pets differ between buildings. Details can be found in the condominium documents. When you make an offer to purchase a condominium, these documents …
160 George is commonly referred to as “The St.George” and is considered Ottawa’s first downtown luxurious condominium. 160 George is a prime example of condominiums standing the test of time. What makes 160 George stand out: Exceptional property management. The condo fees have been on target for the past 25 years. On average the price …
Check out this old photo showing the original advertisement for lofts for sale at Wallis House (589 Rideau). All lofts were sold within 24 hours of advertising! Hard to imagine that some of these lofts were selling for around $100,000. Today there are a number of lofts available in Wallis House (589 Rideau) ranging from …
The downtown cityscape, the Gatineau Hills, Elgin Street on a Saturday night, your neighbour’s balcony…whatever condo view captures your eye, we want to see it. From your third floor window or your rich uncle’s private penthouse terrace, we’d like to see Ottawa as you see it, from all condo angles. Next time you’re admiring …
511 Rideau- Rideau Mews is a historical loft type building in Ottawa, ON. We had the opportunity to interview the owner of five of the six condo units in the building. She had some interesting responses to our questions… When did you purchase these units? Our first purchase was in 2004. The last one …
It all begins with the City of Ottawa’s Urban Design Review Panel. Before a development application is submitted, the developer must sit down with the Panel to review the development case. The Panel comprises of a number of building and landscape architects, urban planners, and other industry experts. Only high profile cases in the …