A well-established Diner with a liquor license. Over 20 years in Business, Restaurant is 5 days operational from, Monday to Friday. This Diner is on a corner location in a busy industrial area, This Diner is equipped with Hood, Grill, Dishwasher, and Seats around 60 People. Lots of extra potential for a new building of over 140,000 Sq ft. including a 16,000 Office Building Possibilities are endless.
2350 STEVENAGE DR #1, Ottawa K1G 3W3
For More Information, Please contact Listing Agent
Nabil Abdulla, Broker
613-293-4078
Power Marketing Real Estate, Brokerage.
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Wonderful, well maintained, spacious family home, 3 BDRM, 4 BATHS, hardwood floors throughout the house, fabulous second level Family room has sunny Southern exposure, with wood burning fireplace, ceramic floor in the newly renovated kitchen, finished basement, oversized garage, fenced yard.
Hunt Club Rd. to Conroy north, left on Lorry Greenberg Dr to Bramblegrove Cres. to Briermoor
11 BRIERMOOR CRES, Ottawa K1T 3G6
$2,300 Per Month
For More Information, Please contact Listing Agent
Nabil Abdulla, Broker
613-293-4078
Power Marketing Real Estate, Brokerage.
Read moreBUILDING, LAND, AND BUSINESS – Fully Equipped and updated Restaurant, well established in the Growing Village of Embrun. Licensed for 128 seats, also the Building has a Basement with an office and a walk-in Cooler and Freezer in addition to the ones in the Kitchen.
994 NOTRE DAME ST, Embrun K0A 1W1
417E to Exit 88 to Embrun, turn right onto St. Guillaume Road – follow to a traffic circle – Follow Notre Dame Street to 994.
For More Information, Please contact Listing Agent
Nabil Abdulla, Broker
613-293-4078
Power Marketing Real Estate, Brokerage.
Read moreFully equipped and well established automotive shop, 3 Bay Garage with 3 Hoists, full-service Mechanic and Tire Sale shop, thousands of customers list, Excellent Signage, Located at a very busy intersection close to Costco Wholesale and Merivale Road.
1843 MERIVALE RD, Ottawa K2G 1E3
For More Information, Please contact Listing Agent
Nabil Abdulla, Broker
613-293-4078
Power Marketing Real Estate, Brokerage.
Read moreNew Listing! Great new opportunity for an investor!
A well established Diner with a liquor licence. Restaurant is 5 day operational from, Monday to Friday. This Diner is on a corner location in a High visibility Plaza. This Diner is fully equipped, Hood, Grills, Ovens, Dishwasher and all. Seats around 60 People. Possibility to expand. Fully licenced.
Call today! 613 293 4078
Great business opportunity Lebanese restaurant business making money with huge potential for further growth. Capacity to accommodate 80 people has liquor liquor license TV`s, bar, coffee machine, and more! Call today!!
Read moreMembers of the Ottawa Real Estate Board sold 1,167 residential properties in March through the Board’s Multiple Listing Service® system, compared with 1,388 in March 2012, a decrease of 15.9 per cent.
“The Ottawa market has been described as steady and stable for the past few years. It’s not going up drastically, and it’s not going down drastically,” says Tim Lee, President of the Ottawa Real Estate Board. “The market was forecasted to slow down in 2013 as a result of recent mortgage changes, and indeed it has.”
“According to chief economists at the Canadian Real Estate Association (CREA) and intelligence garnered from large mortgage lenders, large mortgage brokers, and large real estate brokers, the most recent changes to mortgage rules and guidelines has largely impacted first-time buyers by forcing them to focus on more affordably priced homes.
They were, to a much lesser extent, priced out of the market,” explains Mr. Lee. “When the changes were first announced, those who were actively shopping had to re-evaluate how much home they could afford to finance. Another factor for the slow-down of the Ottawa market could be the role of public service employment cuts in the local economy.”
March’s sales included 253 in the condominium property class, and 914 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked 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.
The average sale price of residential properties, including condominiums, sold in March in the Ottawa area was $358,102, an increase of one per cent over March 2012. The average sale price for a condominium-class property was $267,604, a decrease of 4.1 per cent over March 2012. The average sale price of a residential-class property was $386,197, an increase of 2.7 per cent over March 2012. 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 MLS® system is a member based service, paid for by the REALTOR® members of the Ottawa Real Estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to affect the purchase and sale of real estate through real estate services provided by REALTORS®. MLS® commercial and residential listings are available for viewing on the Board’s internet site at www.OttawaRealEstate.org and on the national websites of The Canadian Real Estate Association at www.REALTOR.ca and www.ICX.ca.
Read moreWhen you initially buy your house, chances are you will pay more each month than you would if you were renting a comparable house. Your mortgage payments will include property taxes and homeowner’s insurance, raising your monthly rate. But rents increase over time in accordance with inflation and changing property values, while a fixed mortgage rate does not change for the entire length of its term. According to Ginnie Mae, it takes only two years for the cost of renting to exceed the cost of a mortgage, once you take the tax advantages into account.
Taxes
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When you buy a home you become liable for property taxes, which your bank will prorate and include in your monthly mortgage payment. But you can also take advantage of a homeowner’s deduction on your federal income tax, which allows you to write off the amount that you pay in mortgage interest. Mortgages are set up through a process called “amortization,” which allocates a disproportionate amount of your payments during the first few years toward the interest you owe. Over time, your mortgage payments begin to cover more principal and less interest, reducing your tax benefits.
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Repairs
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As a renter you are not responsible to pay for repairs on your house or apartment, unless you have caused the damage yourself. But as a homeowner you are responsible for virtually all of the costs of maintaining and repairing your home. Some maintenance and repair costs can be quite pricey, such as the cost of replacing your roof or your furnace. If you are thinking about buying a home, make sure you have enough money in savings to cover unexpected — and expected — repairs.
Equity
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Buying a house provides you with an enforced savings plan, as the money you pay toward your monthly mortgage goes toward your ownership stake in your house. Once you decide to sell your house you can reap the benefit of this investment, provided you have stayed there long enough to begin building equity, or ownership stake. According to a Federal Reserve survey cited by MSN Money, the net worth of the average homeowner with an annual income ranging from $30,000 to $49,999 is $126,500, while the average net worth of a renter with a comparable income is $10,600.
Attend your home inspection to see first-hand what the inspector notes, and learn some important details about the house , like how to use the water, sprinklers, heater, electricity, etc.
• Wear casual clothes and comfortable shoes. You may find yourself crawling under and behind things to see what the inspector is pointing out.
• Plan for the inspection to take two or three hours.
• Bring pen and paper, copies of any inspection reports provided by the seller, and any disclosure reports that identified past problems so the inspector can follow up.
• Feel free to ask questions, but give the inspector time and space to work.