Month: July 2009

Taken from the Ontario Real Estate Association’s Provincial Reference Manual, with additional reference at end.

Any provision in a tenancy agreement that forbids animals (frequently refferred to as the no pet provision) is in violation of the Act (Residential Tenancies Act). In other words, a no pet provision in a tenancy agreement is void (Section 14). However, exceptions do apply; e.g. provisions in the Ontario Human Rights Code and pet restrictions in condomiums (subject to certain qualifications). A condominium declaration may contain enforceable provisions (e.g. no pet provisions), relating to the occupation and use of units and common elements.

Any tenant or landlord involved in a dispute is strongly advised to contact the Ontario Rental Housing Tribunal and/or seek expert advice.

The landlord ay make an application for an order to terminate the the tenancy and evict the tenant under selected circumstances concerning animals; e.g. where the animal causes substancial interference with reasonable enjoyment, causes serious allergic reaction or the animal is inherently dangerous.

The Tribunal will not make an order without being satisfied that:
– the tenant is in fact keepin an animal; and,
– The past behaviour of an animal of that species has substancially interfered with the reasonable enjoyment of the landlord and other tenants; and that the animal did cause or contribute to substancial interference; or
– the presence of an animal of that species has caused a serious allergic reaction; and that the animal did cause or contribute to the allergic reaction;or
-The species or breed is inherently dangerous to the safety of the landlord or other tenants.

 

Resource: http://www.ltb.gov.on.ca/en/index.html

 

 

 

 

 

 

The following is a blogged version of my first mailout:

I am writing this blog entry tell you about my career and how I hope that I can be of help to either yourself, or to a family member or friend of yours.

I have recently conquered some of the largest challenges of my life and I am now ready to set the bar even higher and try to make the most of my potential.

In March 2009 I graduated University with my B.Comm Honours in Management from the University of Ottawa’s Telfer School of Management after 4 long years of Full-Time School and Full-time work at the House of Commons (Accounting and HR Roles). Before this, I was pushing my way through College for nearly two years and filling the gaps with various other courses and certificates – giving me almost 7 years of a double-booked full-time schedule. Towards the end of my schooling I had pin-pointed my career choice and that was to run my own Real Estate Business. I enrolled in the Ontario Real Estate Association’s Real Estate College licensing courses with my last two semesters of University to go, completed both, and am now running my own business! I’ve been involved in Real Estate directly and indirectly for 10 years this summer of 2009, and I am now ready to give it my all and build my business’s reputation one client at a time.

I have chosen to join Partners Advantage GMAC Real Estate, Brokerage run out of the Stittsville area to make my mark. Why this company? A few main reasons are: 1) Dr. Bruce Firestone – the founder of the Ottawa Senators and Entrepreneur in Residence at the University of Ottawa is the broker who mentors me and has been doing so for many years now, 2) The brand is not completely established in Eastern Ottawa, which is where I come from and thus I have a unique advantage where I get to introduce myself as well as the company I work for, and 3) the resources and culture at this Brokerage are an eye-opener and a breath of fresh air at the same time. Powerful state of the art resources, innovative mindsets and business models, talented, kind and bright individuals make this brokerage a great place for me to grow.

I would like to welcome you to make the best use of me at any time you may need me; I am here to provide my friends, family, and community with any and all help I can give them to the best of my ability. I am conditioned to work both hard and smart for things that matter to me, and since you have received this letter – you are on that list.

Finally, the way I structure my business is through word of mouth and referrals, so if at any time you can think of someone who may want to buy or sell a home, please refer them to me or vice versa and I will make you proud. That is my pledge of service to you.

Thank you for taking a few minutes to read my blog!

CMHC Housing Market Report for Ottawa

 Original Source: http://www.cmhc-schl.gc.ca/odpub/esub/64311/64311_2009_B01.pdf

• New Home Construction to Slow Down Toward Demographic Needs

Its nice to see some normal economic theory coming into play:

The Residential construction industry in Ottawa will remain in good health and will therefore exhibit a normal cyclical downward adjustment. This will bring the pace of new starts during 2009 and 2010 to more moderate and sustainable levels, consitent with both economic fundamentals and demographic needs.

 

 

 

 

 

 

 

 

 

• Single-Detached Starts will Adjust the Most

Single detached starts will go down 28.1% from 2008 levels for a variety of reasons including increased caution among first time home buyers, a negative wealth effect caused by equity losses among baby-boomers, and reduced affordability for more expensive dwellings.

• Suburban Townhomes will Remain Popular Among First-Time Buyers

I knew this! This top selling home type that I have been dealing with is Suburban Townhomes. Townhome construction will rebound at the fastest pace among all property types due to the appeal of suburban lifestyle and recent improvements in homeownership affordability.

• Urban Apartment Construction will Lead the Way in 2009

Very Interesting!!!  This section says that due to economic conditions and changing demographics, this section will see a ‘buoyant’ demand , especially for condominium units closer to Ottawa’s core that is expected to remain well above historical averages.

 

Next: The RESALE market