New Purveyors

A huge congratulations to Chanelle and her fiancee, Winston, on their engagement this weekend!

We wish you both the absolute best!

Lauren: "I love working with New Purveyors because it allows me to really be myself. From the casual, collaborative office space to the encouragement from the team to try new things, I have the space to thrive and be creative. The fast-paced and positive work environment makes it easy to do my best every day."

New Purveyors is currently hiring for the second quarter, and soon for the third! If you’re looking to join a forward-thinking, innovative team - we’d love to hear from you.

📧 [email protected]

The team had a great time at Hope Volleyball on Saturday! It was awesome to spend some time with each other out of the office and work on our skills.

Some of the team has been having a busy but fun week at ! So many amazing artists across all different genres!

Have you been yet?

Trying to decide which neighbourhood in Ottawa suits you best?

New Purveyors has an ever-growing list of neighbourhoods on our website for you to explore.

Check out our analysis of everything there is to know about each area - from schools to shopping, dining to community spirit, home types to pet-friendliness.

FOR RENT: This 1 bedroom unit at 349 McLeod is bright, airy, and modern. Step into the spacious kitchen with modern, stylish cabinets, stainless steel full-size appliances, and granite countertops. There is plenty of storage in the cabinets and cupboards.

The kitchen leads into a gorgeous, open-concept living space with floor-to-ceiling windows overlooking the balcony and the courtyard below. Natural light pours in throughout the day, keeping the space bright and airy.

Around the corner is the bedroom, separated by a sliding door that can be closed while entertaining guests or opened during the day for a more open-concept feel. The floor-to-ceiling windows extend into the bedroom area, connecting the two spaces and continuing the bright feel of the home. A large closet with two sliding doors is the perfect out-of-the-way storage space to keep your bedroom minimal.

The bathroom features a modern vanity matching the tone of the home, as well as a bathtub-shower combo with bright white subway tiles.

This home features an incredibly spacious balcony that stretches the width of the entire home, with privacy shields on either side.

349 McLeod, also known as Central Condos Phase 1, features plenty of great amenities including concierge services, four elevators, a gym and exercise room, buzzer entry, a theatre, an outdoor barbecue, a party room, storage lockers, and bicycle storage.

Central 1 is close to everything in downtown Ottawa - parliament, the downtown core, and The Glebe. Elgin and Bank street are just steps away with plenty of restaurants, bars, and entertainment for a night out with friends.

Listed by Mitch MacKenzie

For Rent - 1 Bed at Central Phase 1 — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale This 1 bedroom unit at 349 McLeod is bright, airy, and modern. Step into the spacious kitchen with modern, stylish cabinets, stainless steel full-size appliances, and granite countertops. There is plenty of storage in the cabinets and cupboards. The kitchen leads into a gorgeous, open-concept livin

A huge congratulations to for his official offer to join our team!

Over the past weeks we’ve seen how dedicated you are to your clients, your business, and your growth. We can’t wait to see how you flourish here.

🏡 June 2024 Ottawa Real Estate Market Update 🏡

As we step into summer, let's take a look at how the Ottawa real estate market has performed so far in 2024.

📊 Market Highlights:

Residential Sales: Up 4.2% with 7,109 homes sold. Average price at $681,345 (+1.6%).
Single-Family Homes: Sales up 7.2% to 3,722. Average price at $830,531 (+0.6%).
Townhomes: Sales increased by 3.5% to 2,296. Average price steady at $551,437.
Condos: Sales dipped by 2.6% to 1,066, but average price rose to $450,450 (+3.1%).
Despite low inventory levels, the market remains resilient and continues to grow.

For more insights and personalized advice, read the full blog post and connect with Charlene Weber, REALTOR® with RE/MAX Hallmark and New Purveyors.

📞 343 999 5332
📧 [email protected]

June 2024 Ottawa Real Estate Market Update — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale As we move into the summer months, it's a good time to look at how the Ottawa real estate market has performed so far in 2024. The market continues to show signs of resilience and growth, with varying trends across different property types. Let's delve into the statistics and insights, credited to C

Having a great time practicing for Hope Volleyball next weekend! See you all on the court 🏐

A special guest stopped by the office today - meet Atlas!

From the New Purveyors team, we hope you enjoyed your long weekend!

Each season comes with its own set of advantages and challenges. Our latest carousel post breaks down the pros and cons of winter, spring, summer, and fall.

Each season affects market conditions and inventory differently.

Personal circumstances and the availability of homes matching your criteria are crucial.

Consulting with a licensed real estate agent can help you understand how the current season impacts your buying or selling decisions.

For personalized advice tailored to the Ottawa market, send us a message.

On Tuesday, Lauren ran a seminar for the team about stress and time management. When it comes to our schedules, we’re often our own worst enemies. Negative self-talk and poor planning lead to stressful and overwhelming days.

We talked in breakout groups and as a whole about how we get in our own ways - and provided advice to one another on how to push past our own self doubt and the ways in which we block ourselves from success.

"I love working at New Purveyors because of the supportive team atmosphere. Being surrounded by like-minded people motivates me and makes coming into the office daily enjoyable. Our client-focused approach gives me the tools I need to deliver the best possible client experience. Additionally, I appreciate that our office is modern, open-concept, and located right downtown."

New Purveyors is currently hiring for the second quarter, and soon for the third! If you’re looking to join a forward-thinking, innovative team - we’d love to hear from you.

📧 [email protected]

There's a list of standard questions to ask about a home you're interested in - how many bedrooms and bathrooms? How close is the nearest grocery store?

But we often forget to find out what it's going to be like to live in a home long term.

On your next property tour, ask these questions to get a better feel for what it will be like to really LIVE in your home!

Curious about real estate investments in Ottawa? Did you know the biggest house doesn't always guarantee the best return? Our most recent blog explores why factors like location, maintenance costs, and rental income potential matter more than size alone. Whether you're new to real estate or a seasoned investor, understanding these nuances can lead to smarter decisions and better outcomes. Read more:

Debunking the Myth: Why the Biggest House Isn't Always the Best Investment in Ottawa, Ontario — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale When it comes to real estate, there's a common misconception that the biggest house is the best investment. In Ottawa, Ontario, this myth persists among many buyers, driven by the belief that more square footage automatically translates to higher returns. However, real estate investment is much more

Joanne: "I joined New Purveyors for the environment. The collaborative and supportive team atmosphere makes it enjoyable to come to work every day. The culture here is incredibly inclusive, making me feel like I can truly be myself. New Purveyors places a great emphasis on work/life balance, allowing me to pursue my passions outside of work and come into the office refreshed! Finally, our team-building and social activities are second to none. I feel like my colleagues are good friends, and we have many opportunities to bond and get to know each other better."

New Purveyors is currently hiring for the second quarter, and soon for the third! If you’re looking to join a forward-thinking, innovative team - we’d love to hear from you.

📧 [email protected]

The team had an amazing time yesterday at the softball tournament yesterday! Our team came second by only one point, and we couldn’t have been happier with the result! Such a fun time with friends and colleagues.

An absolutely massive congratulations to .ottawa for completing his SECOND Ironman! The course was incredibly challenging this year, with torrential downpour and less than optimal swimming conditions.

We enjoyed tracking Reed's progress online and were ecstatic to hear about his experience at our team meeting yesterday!

Congratulations again, Reed!

Renting out your basement can be a smart move to increase your monthly income or decrease your monthly mortgage. Here's a summary to guide you through the process:

Legal Stuff:
Make sure your property is allowed for rentals by checking local zoning laws.
Get the necessary permits, like building and occupancy permits, to avoid fines.
Meet safety standards like having proper windows and ceiling height.

Money Matters:
Estimate how much you could make (around $1,200 to $1,800 a month).
Factor in expenses like renovations, utilities, taxes, and insurance.
Price your rent competitively by checking similar listings.

Paperwork:
Create a clear lease agreement covering rent, deposits, maintenance, rules, and termination.
Screen potential tenants carefully with credit and background checks.

Taxes:
Report your rental income on your tax return.
You might be able to deduct expenses like repairs and utilities.
Renting out your basement can be profitable if you follow the rules and manage it well. For more detailed advice, check out our blog post:

Renting Out Your Basement in Ottawa: Legalities and Income Potential in 2024 — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale Renting out your basement in Ottawa can be a lucrative way to generate additional income, but it’s crucial to understand the specific legal requirements and potential income implications. Here’s a comprehensive guide based on the most recent laws and news in Ottawa for 2024 to help you navigate ...

We spoke with Liane Moskal, a mortgage agent with Keyrate, about Purchase Plus Improvements. The Purchase Plus Improvements program includes renovation costs of up to $100,000 in your mortgage, allowing you to simplify your loan processes and usually access better terms than if you secured separate financing. To learn more, check out her full blog post on the New Purveyors website: Link in Bio!

.ottawa: “I joined New Purveyors for a few reasons. I love that the marketing here stays current and creative. The open concept front office is a super comfortable setting for clients, and helps keep the back space focused for working. Finally, the leadership on the team bring involved in organized real estate goes to show a constant state of improvement here.”

We spoke with about May’s stats in Ottawa - the full blog post is linked in our bio for how this impacts buyers and sellers this month.

Overall Market (Year-to-Date)

• Total residential sales are up 5.2%, reaching 5,673.
• Average sales price increased by 1.8%, now at $679,862.
• Months of inventory rose to 2.3 from 1.9, providing more options for buyers but still showing a moving market.

Single Family Homes (Year-to-Date)

• Sales increased by 6.6%, totalling 2,951.
• Average sales price rose by 1.5% to $830,739.
• Months of inventory is up to 2.6 from last year’s 2.1.

Townhomes (Year-to-Date)

• Sales are up 5.5%, reaching 1,843.
• Average sales price saw a minimal increase, now at $550,745.
• Months of inventory continue to decrease, sitting at 1.7 signalling an increasing demand.

Condos (Year-to-Date)

• Sales increased by 2.1%, totalling 859.
• Average sales price up by 4.3% to $448,924.
• Months of inventory is up to 2.8 from 2.4, but supply is still shrinking.

We spoke with Charlene Weber about the May market in Ottawa, and what to look forward to throughout June.

Read more:

May 2024 Market Update — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale Year-to-date Residential Sales Total residential sales: 5,673 (up 5.2%) Average sales price: $679,862 (up 1.8%) Months of inventory: 2.3 compared to 1.9 The increase in months of inventory from 1.9 to 2.3 indicates that while inventory remains relatively low, there are more option

Meagan: "There is such a strong team atmosphere in the New Purveyors office that it makes it very easy to collaborate with everyone. Working with like-minded people makes coming into the office a pleasant experience. We’re also big on celebrating each other's milestones whether it be a birthday or a sale, we’re always there to support each other. "

New Purveyors is currently hiring for the second quarter, and soon for the third! If you’re looking to join a forward-thinking, innovative team - we’d love to hear from you.

📧 [email protected]

We take matching seriously at New Purveyors!

Want to wear these letters with us? Recruitment for Q2 is coming to a close, with Q3 coming up quick! Reach out to [email protected] to learn more.

Thinking about downsizing? It’s more than just moving to a smaller home—it's about simplifying your life and focusing on what truly matters. Enjoy financial freedom, reduced environmental impact, enhanced quality of life, stronger community connections, and greater flexibility. Discover the transformative benefits of downsizing in our latest blog post! Read more here:

The Benefits of Downsizing: Simplifying Your Life — New Purveyors - Ottawa Real Estate Condos and Lofts For Sale In our fast-paced, consumer-driven society, the idea of downsizing can seem counterintuitive. Yet, more and more people are discovering the benefits of simplifying their lives. Downsizing isn't just about moving into a smaller home; it's about making intentional choices to reduce clutter, decrease s

We had a great time yesterday learning from Lauren about all things lead follow up! One of the best things about New Purveyors is our ability to get together and continue to improve our already great processes.

We also had a special guest help with the presentation!

: "Some of the things I love most about working at New Purveyors come from the culture. Whether it's our runs to Costco for lunch, choosing the music in the office, or being flexible with my schedule - it creates a place I enjoy going in to work every day."

New Purveyors is currently hiring for the second quarter! If you’re looking to join a forward-thinking, innovative team - we’d love to hear from you.

📧 [email protected]

It was about time for a new team picture!