Offered @ $259,900

Introduced in Canada in 2001, the ENERGY STAR symbol was first used in 1992 in the United States as an indicator of energy efficiency for computers and monitors. The program proved to be so popular that it was expanded to include other office equipment. Today, Canada promotes the symbol on almost 40 types of products, including:

Six types of major electrical appliances

• Clothes Washers
• Dishwashers
• Dehumidiers
• Freezers
• Refrigerators
• Water coolers (Bottled)

Other product categories include:

• Consumer electronics such as TVs and DVDs
• Cooling Equipment (for the home)
• Heating Equipment (for the home)
• Lighting Products (fixtures, compact fluorescent lamps)
• Office Equipment
• Ventilating Equipment (for the home)
• Windows and Doors

The international ENERGY STAR symbol displayed alone or as part of the EnerGuide label, identifies major electrical appliances that meet or exceed technical specifications designed to ensure that they are among the most energy efficient in their class, without compromising performance.

Almost half of Canadians considering buying a recreational property will do so to improve their lifestyle, despite concerns about increasing taxes, rising interest rates and new regulations that require higher down payments on second homes, according to a nationwide survey of Canadian attitudes towards recreational property ownership conducted by Angus Reid and commissioned by Royal LePage Real Estate Services.

When buyers were asked why they plan to purchase recreational property, lifestyle was the number one reason given, at 47 per cent.   Only one in four buyers say new Canada Mortgage and Housing Corporation regulations reduce their desire or ability to purchase a recreational property. The changes will require Canadians to pay a minimum 20 per cent down payment on any residential or recreational property they purchase that is not their primary home.

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1180 Bayview Drive, Constance Bay

Sunday July 18th,   2-4 PM 

Offered @ $474,900

 Members of the Ottawa Real Estate Board sold 1,615 residential properties in June through the Board’s Multiple Listing Service® system compared with 1,897 in June 2009, a decrease of 14.9 per cent.

Of those sales, 418 were in the condominium property class, while 1,197 were 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.

“For the first time in 2010, inventory increased year-over-year in June, by almost six per cent. The Ottawa housing market is now moving towards balance, rather than the seller’s market we have been in for most of the past year,” said Board President Pierre de Varennes. “Sales last month were very close to the five-year average for June, so what we see here is a return to the stable, steady market conditions that Ottawa tends to experience. Home sale prices continued to grow at a healthy rate in June,” he added.

The average sale price of residential properties, including condominiums, sold in June in the Ottawa area was $326,572, an increase of 6.4 per cent over June 2009. The average sale price for a condominium-class property was $256,969, an increase of 8.3 per cent over June 2009. The average sale price of a residential-class property was $350,878, an increase of 7.4 per cent over June 2009. 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.