Ikram Zouari-Khan Real Estate Brokerage

Rare turn key 5+1 bedrooms home in one of Barrhaven prime location in Longfield's drive/Highbury Park. All 5 bedrooms are on the upper level. Open concept main floor with large windows all around and hardwood floors throughout. Kitchen has lots of counter space and cupboards with bright breakfast area and Ceramic floors. First-floor laundry room. All five appliances are included. Hardwood stairs and hardwood floors on the second level with a large hallway. Spacious upper leve...l 5 bedrooms. Master bedroom with ensuite and walking closet. Fully finished basement with a bedroom and large family room and a full bathroom. Laminate floors in basement. New Windows, New Furnace, and New Roof with warranties. Walking distance to Marketplace, Schools, Bus terminals, Shopping, and parks. Preferable 24 hours notice for showings. Make this home yours !!! Offers to be presented May 12 at 4 pm. ----- Listing details: http://ikramikyzouarikhan.point2agent.com//Listing_2770541

For the first time in seven years, the Bank of Canada (BoC) has raised its overnight rate by 0.25% today. This milestone event brings the overnight rate from 0.50% to 0.75%.

Beautifull 2014 townhouse, hardwood on main level, spacious living room & separate dining, upgraded kitchen with eating area. 5 stainless steel appliances. 3 large bedrooms, master bedroom with ensuite (soaker tub & stand up shower). fully finished basement with Gaz fireplace, full bathroom & large windows. A lot of light in the house and basement with Large windows. A lot of storage space. Large entrance, Ceramic in kitchen & all baths, Fenced backyard with privacy fencing. ...walking distance to Barrhaven market place, restaurants, English & French schools, Park s & 95 or express bus terminals. 24 hours notice required for showings. Interior pictures are for another property with identical layout. Paint color is in light grey, Ceramic and countertops if different colors . Kitchen cabinets in dark brown but may be different from the picture. Flooring in maple drack brown. ----- Listing details: http://ikramikyzouarikhan.point2agent.com//Listing_2263480

Situated in the heart of Westboro. This Classic three storey,1912-built brick home is situated on a tree-lined cul-de-sac corner lot in one of Westboro finest blocks. This gorgeous fully renovated semi-detached has it all and boasts high value for the price. The living is easy in this impressive residence. High quality finishes, high ceilings, gourmet kitchen with quartz counters and ceramic backsplash, 5 bedrooms including a 3th floor master retreat with walking closet , sit...ting room and access to a private outdoor rooftop terrace with views out to Athlone and the Gatineau Hills, 3 bathrooms with 3 piece ensuite including a stand-up shower, hardwood throughout with new hardwood staircase, ceramic tile in all wet areas, restored historic brick fireplace for aesthetics and character, fully fenced yard with new sod, partially finished basement with 5th bedroom, front verandah, Gas furnace, quick access to Queensway and Island Park. This is Westboro living at its finest! ----- Listing details: http://ikramikyzouarikhan.point2agent.com//Listing_2453266

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TOO LATE RENTED....For more photos , please follow the link.. http://ikramikyzouarikhan.point2agent.com//ViewListingDeta

Record-breaking year for Ottawa resales Ottawa, September 6, 2016 - Members of the Ottawa Real Estate Board sold 1,484 residential properties in August through the Board’s Multiple Listing Service System, compared with 1,276 in August 2015, an increase of 16.3 per cent. The five-year average for August sales is 1,265. To date, this has been a record-breaking year for units sold, says Shane Silva, President of the Ottawa Real Estate Board. The year started off a little slu...ggish, but as soon as April hit we were either breaking records, or outpacing the year before considerably. Not only are we up 16.3 per cent over last year, this has also been the best August on record ever for OREB Members, blowing the average for August sales out of the water. This is a-typical of August when units sold normally start to decline approaching the fall. Units listed in both residential and condominium property classes continue to decline, as well as active listings at end of the month, says Silva. These numbers suggest that buyers have less options when looking to purchase, with the potential of entering into a seller’s market soon. August’s sales included 295 in the condominium property class, and 1,189 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases, and timeshares. The residential property class includes all other residential properties. Average sale prices have been keeping steady all year, says Silva. This past month, however, there were six more properties sold in the $1 million plus range over last year, a possible explanation for the bump in average sales price for both condo and residential properties. The average sale price of a residential-class property sold in August in the Ottawa area was $389,786 an increase of 2.5 per cent over August 2015. The average sale price for a condominium-class property was $272,166, an increase of 11.1 per cent over August 2015. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold. The hottest segments in our market for August continued to be two-storey and bungalow residential homes in the $300,000 to $400,000 price range, followed by one-level and two-storey condos in the $200,000 to $300,000 price range, says Silva. In addition to residential and condominium sales, OREB Members have assisted clients with renting almost 2,200 properties since the beginning of the year. http://www2.ottawarealestate.org/home/default.htm

Ottawa Real Estate Board June sales update: The Ottawa Real Estate Board is an industry association of over 3,000 sales representatives and brokers in the Ottawa area. Members of the Ottawa Real Estate Board sold 1,985 residential properties in June through the Board’s Multiple Listing Service System, compared with 1,691 in June 2015, an increase of 17.4 per cent. The five-year average for June sales is 1,717. June sales included 331 in the condominium property class, and 1,654 in the residential property class. The average sale price of a residential-class property sold in June in the Ottawa area was $399,382, a decrease of 1.3 per cent over June 2015. The average sale price for a condominium-class property was $264,913, a decrease of 2.4 per cent over June 2015.

Bank of Canada Holds Benchmark Rate The Bank of Canada announced today that it is holding the key rate steady. The Bank cut its 2016 GDF forecast, but noted that fundamentals are in place for a pickup in growth, although in a climate of heightened uncertainty. Canada had a weaker second quarter pulled down by volatile trade flows, uneven consumer spending, and the Alberta wildfires. A pick up is expected in the third quarter as oil production resumes, Fort McMurry rebuilds, and as consumer spending gets a boost from the Canada Child Benefit. Inflation remains in the Bank’s inflation-control range, although the implications of the Brexit vote are highly uncertain and difficult to forecast, and financial vulnerabilities are emerging in Vancouver and Toronto. The Bank judges that the current stance of monetary policy is appropriate.