Our team recently had the opportunity to see a new development that is happening just outside of Mont Tremblant. This is a concept different from most; it's not a timeshare or condo. They are individually owned, modern lofts or cottages in which you own the home and the land it sits on.

There is a constant debate about whether it’s better to put 20% or more down on a home or if you have 5% down ready, that you should jump into home ownership. We don’t believe there is truly a right or wrong answer to that. The change in your monthly payments between the two options is typically minimal, especially with your first home, remember, these payments are spread out over 25 years!

We hear this from clients all of the time: I need to live downtown, so I’m close to grocery stores, coffee shops, etc. The suburbs may not be able to give you the same  lifestyle, however you may not have to be right downtown either.

As I was sitting watching the Red Blacks battle the undefeated Edmonton Eskimos I couldn’t help but notice that most balconies that faced the field in the Minto condo were full of fans. The revitalized Landsdowne complex that connects the Glebe to Old Ottawa South has really encompassed the Live, Work, Play motto that developers are pushing in order to limit urban sprawl and puts the fun in functional!

When the market is hot--like Ottawa’s is right now--competition for properties is tight and multiple offer scenarios becomes more common.