Skip to main content

This single-family home in Orleans is walking distance to schools and close to parks, a recreation centre and transit.

Re/Max Absolute Realty

1869 Montmere Ave., Ottawa

Asking price: $539,900

Selling price: $541,000

Story continues below advertisement

Previous selling price: $470,708 (2015)

Days on market: 1

Taxes: $5,348 (2018)

Listing agent: Geoff Walker, Re/Max Absolute Realty Inc.

The action

The main level has an eat-in kitchen featuring quartz countertops and stainless steel appliances.

Re/Max Absolute Realty

With the owners facing a pending new job placement in another city, agent Geoff Walker was looking for a quick sale. The home was in excellent shape, but even he was surprised to have a conditional offer in hand within 12 hours.

The three-bedroom home in Orleans – about 25 minutes east of Ottawa’s downtown – sold over-asking after two offers came through on the same day the home was listed.

“We sent in a painter to do touch-ups, tradesman to fix minor things like the ice maker on the fridge," said Mr. Walker. "It was a team effort.”

Story continues below advertisement

Three more showings for scheduled the following day, but they never happened.

“Both parties brought their best offer forward and the owner got to pick the offer that worked best for them, and on top of it, achieve a closing date that was quick,” Mr. Walker says. “It’s not just about price – it’s about achieving the objective of the seller.”

What they got

The home – a single-family home with three bedrooms – is walking distance to schools and close to parks, a recreation centre and transit. Orleans, east of Ottawa’s downtown, is primed for growth as the LRT system is set to make its way there in the next five years.

The main level features a sitting room and separate entertainment room with an eat-in kitchen featuring quartz countertops and stainless steel appliances. The master bedroom has a walk-in closet and ensuite bathroom with both soaker tub and stand-up shower. The basement is unfinished.

The agent’s take

The home was in excellent shape, but even the agent was surprised to have a conditional offer within 12 hours.

Re/Max Absolute Realty

Mr. Walker says despite the fact the home was listed in the first week of January, low inventory helped it sell quickly and over asking.

The overall condition of the home made a big difference, Mr. Walker says, and the owner did a lot of preparation to get it ready for selling. All details were covered in terms of repairs, painting, and staging.

Story continues below advertisement

“They took ‘attention to detail’ to heart,” he says.

The Ottawa market, Mr. Walker explains, continues to see a lower inventory but a steady demand in early 2019. One potential buyer lost out on this home, but the fact they were willing to put pen to paper speaks to the area’s market conditions.

“There were three more showings and I bet one of those people would have been a buyer – because the house was [in mint condition],” he says. “It goes to show that there is a scarcity issue. That buyer is going to buy something if something good comes up.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Report an error Editorial code of conduct
Comments

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • All comments will be reviewed by one or more moderators before being posted to the site. This should only take a few moments.
  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed. Commenters who repeatedly violate community guidelines may be suspended, causing them to temporarily lose their ability to engage with comments.

Read our community guidelines here

Discussion loading ...

Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.
Cannabis pro newsletter