Ottawa – The Townhouse Capital of Canada

Also know as Ottawa townhouses capital of Canada. Montrealers and Vancouverites have the distinction have the fewest single-family houses: 59% and 61% owned by homes in these cities or single. Toronto and Ottawa follow and are strikingly similar: 66% owned houses in both cities are singles. The proportion of individual apartments to rent apartments below 80% in Calgary and 82% in Edmonton.

It may come as a shocker that Toronto, where 12% of owner-occupied housing allowances are owned apartments, is closer to Ottawa-Gatineau -9% in this regard as to Montreal – 23% and Vancouver -21%. The percentage is identical (9%) for Ottawa as Ottawa-Gatineau.

Ottawa is the undisputed townhouse capital city of Canada. Almost 18% of city apartments are rented town houses. The percentage for the Ottawa-Gatineau is 14%, suggesting that town houses are mostly in Ontario the side of the CMA.

Next-highest and back, Toronto and Vancouver – 8%, Calgary – 7%, Edmonton -6% and Montreal -5%. Where in other cities in the Townhouse is a fairly marginal product, here in Ottawa is really a niche for itself.

These figures suggest that Ottawa house owners are eager to embrace denser types of housing in the form of town houses in the first place, but also housing properties.

CLV Group Ottawa – Your Full Service Real Estate Provider

With roots dating back to 1969, CLV Group has obtained an excellent Ottawa Real Estate Market reputation and scope of view.

Areas of Expertise:

Residential Rentals: Search our portfolio of over 4,800 Ottawa apartment Rentals and townhouses for rent.

Real Estate Sales: Wide range of new and resale homes in communities throughout Ottawa

Commercial Sales: Search our comprehensive portfolio of commercial properties for sale

Commercial Leasing: Ottawa commercial properties for lease; the CLV portfolio consists of over 600,000 sq.ft. leaseable space throughout Ottawa and the Greater National Capital Area.

Property Management: With over 35 years of property management experience within the Ottawa region, CLV Group Ottawa Property Management is the number one choice for investors who are looking to minimize risk and maximize return on investment.

Mortgage Brokerage & Financial Services: Whether you are looking to finance your home, commercial property, investment property or to renegotiate a current mortgage, CLV Financial Services is the right place to turn.

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Real Estate Investment Benefits

There are many businessmen who are into real estate business cause they believe that money there is easy as long you know the right strategy on how to work on it.

There are good reason why they chose to be in line on this business.
These are several facts:

1. Cash flow from property – This is the difference between your income and your expenses on that specific piece of property.

2. Appreciation in the value of a property – There are two kinds of appreciation, the “external” and “internal”. “External” appreciation has nothing to do with the actual property itself but comes from economic conditions,. Some people have made good deals by predicting where the next property “hotspot” will be and buying in hopes of quick appreciation – but of course, if you get it wrong, you are in trouble. “Internal” appreciation comes from improvement in the actual property itself and is easier for you to control. You can buy a piece of property in need of repair at its “as is” value, improve it and sell it on at a profit.

3. Leverage – being able to buy a piece of property by borrowing a percentage of its value. No other type of investment offers such a high degree of leverage. It is not unusual for investors to purchase a single family house by obtaining 100 percent financing – i.e. “no money down” real estate investing. This of course is very attractive if you can “flip” the property at a profit, quickly repay the loan and pocket the difference. But of course this can also be extremely risky. If the property doesn’t prove to be a good investment, you are in trouble. Never forget the loan is a loan and has to be repaid – somehow.

4. Amortizing – You have bought the property with other people’s money, but as you repay, your principal is being reduced. That means your equity – your level of ownership of the property – is being increased.

5. Tax advantages – There are several ways in which property ownership can be used for legitimate tax avoidance – though this should not be your first and foremost reason for buying the property, more a side benefit.

CLV Group Ottawa – Your Full Service Real Estate Provider. Choose Kingston apartments for rent, london ontario apartment rentals, london ontario apartments for rent, Guelph apartments for rent from here.

CLV Group Ottawa – Leading Real Estate Company of Canada

CLV Group has been involved in many successful construction and redevelopment endeavours. The following are a few select projects.

218 MacLaren – 46 Unit Apartment Building

This property was extensively renovated throughout including mechanical systems, exterior and common area upgrades and individual unit upgrades. Mechanical systems improvements were made to lower ongoing utilitiy costs and improve delivery of heat and hotwater. Exterior upgrades included new balconies railings, entrance canopy, landscaping and new paving. Common area improvements were also made to the property including a new grand entrance with wireless lounge, hallway improvements and an addition of a fitness centre. Unit upgrades consisted of new kitchens, bathrooms, flooring and lighting. These improvements resulted in a significant increase in rents and property value for the owners as well as comfort and satisfaction in the residents of the building.

131-141 Cooper Street – 200 Unit Hotel

As an example of redevelopment, representing a group of potential purchasers we purchased 131/141 Cooper Street as an apartment building and converted it to a 200 unit combined apartment and hotel, known as The Aristocrat, after analyzing market needs. Significant work was undertaked to make this conversion a success including common area modifications, exterior upgrades, creating a corridor between both buildings, in unit improvements and furnishing of the suites. This action created a 50% increase in property value.

Downtown Heritage Buildings Portfolio – 4 Apartment Buildings

CLV Construction represented a group of investors in renovating and retrofitting a portfolio of 4 apartment buildings, ranging from 22 units to 35 units. These buildings were near turn of the century construction with heritage flair. CLV Construction managed the installation of a new HVAC system to reduce energy consumption, upgraded all the common areas and interior unit elements. Individual units were outfitted with modern kitchens and bathrooms while maintaining the heritage flair that made these buildings unique. The improvements took place over 3 months and created a significant increase in value for the owners.

Our Mission

CLV Construction and Development conducts comprehensive project management through trust and integrity. They offer apartments in various cities, them Hamilton apartments for rent are one of them.

Our Background

Managing an expansive portfolio of residential units and commercial space, CLV Group initiated a Construction and Development Division to help lower maintenance and capital repair costs within the existing portfolio.

This endeavor quickly attracted highly qualified craftsman as the division developed a reputation as a top quality contractor. It became an evident natural evolution to expand the department to offering this service to the marketplace.

The division specializes in renovating major projects; which range in price from $20,000 to $5,000,000. The division focuses its effort on commercial properties, hotels, industrial properties, and multi-family residential properties. The division also provides superior consulting, estimating and project management. CLV Construction and Development takes pride in providing exceptional quality and craftsmanship on each project we stand behind.

CLV Group Ottawa – Your Full Service Real Estate Provider. Choose apartments in Ottawa, Ottawa apartment rentals, Ottawa property management, Ottawa townhouses from over 4800 units of CLV Group.

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