Welcome Home 101 Richmond!

After 2 years of construction and much anticipation, the wait is finally over for the first occupants of 101 Richmond Road.  The first group of purchasers moved in on September 29 2011 and couldn't be more thrilled with their gorgeous suites and the fabulous building!  People will will continue to move in throughout the fall season and we cannot wait to hear the reviews!

Welcome home everyone!

New Phase 3 Floor Plans Released!

As you know Phase 3 at Q West was released a couple of weeks ago.  We have added some fantastic new floor plans to the mix this week.  One bedroom suites starting at only $262,445!!!  Stop by the sales centre to get more info!

Q The Blasting!

Check out this video footage supplied by a 111 West purchaser of the blasting!

http://db.tt/Ok2QWOSy

111West Construction Update

111 West has entered a new stage of construction!

The streets of Westboro are now shaking while construction is busy blasting away all the bed-rock to make room for underground parking. Things are starting to take shape at the site of 111West and it won’t be long before they start pouring concrete.

We really wanted to provide you all with video of the construction crew turning the bed-rock to dust but were not permitted to film due to safety reasons.

In lieu of the video, please enjoy these pictures of the site.

Hope you enjoyed the pictures.

We still have some great suites available at 111West if you have friends or family who might be interested and we are still offering a $2500 referral credit*.

Thank you,

Tyler Knowles and Amanda Bruce

Phase 3 Has Arrived!

After much anticipation we are very excited to announce that Phase Three of the most sought-after condominium in Ottawa is being released today!  That's right, Q West in Westboro is launching a brand new building with amazing floor plans (including corner units), more amenities than you could ever ask for with great new views and sun exposures! 

You do not want to miss this! Stop by the sales centre at 90 Richmond Road (on the corner of Richmond Road and Leighton Terrace) to check it out!

These suites will not last so don't miss your chance!

There is a $5,000 deposit required to reserve the suite of your choice.

Also, if you have friends or family who may be interested in this amazing development please notify them of this release soon so they don't miss out.

101 Update.....It's almost time!!!

Hello all of you anxious 101 purchasers.  We recently took a tour of the building to check on the progress and it looks fantastic!!!  Kitchens, bathrooms and flooring have been installed.  Appliances have been added and the balconies are almost done.  Check out these pics and see for yourself.  We also took some photos of the views from the rooftop.  Prepare to be amazed!!!

Stunning kitchens and baths!

Check out the North views from the 6th floor!

You can't see through the fog, however we could see Parliament!!!

Rooftop terrace is coming along nicely!

There is your hot tub!

South views of the convent site

First things first: To own or not to own?

First things first: To own or not to own?

By Marnie Bennett, Ottawa Citizen August 27, 2011

 Perhaps you are one of those fortunate first-time homebuyers for whom making the big decision to buy came easily . and then again, maybe you aren't. For many, the decision is difficult.

It's a decision that requires careful consideration. You may have concerns about financial obligations, the responsibility of upkeep or even the idea of being "tied down." Maybe you've just landed your first significant job and the idea of home ownership has only recently taken root in your imagination.

Or, like many people, you've been renting for what feels like forever and dread the thought of writing yet another cheque to help pay down your landlord's mortgage.

Numerous factors will influence your decision, but I'd encourage the fence-sitters among you to consider two overarching questions.

First, how strongly do you feel about owning your own home? While it's possible to live perfectly well while renting a good space, many of us find home ownership important to our sense of comfort, security and identity.

Certainly, there's also a sense of satisfaction in watching your home equity increase with every mortgage payment. As a solid investment, a home is hard to beat: How many investments provide shelter and comfort to the investor?

There is a big payoff - ultimately, you will own your home outright and monthly payments will be a distant memory. That is a luxury renters simply do not have.

This brings us to the second, more crucial, question: Can you afford it?

Remember, your first home need not be a palace. Assuming that you're steadily employed and do not plan to move again in the near future, the purchase of a modest home or condominium is nearly always a smart move. You may even find mortgage payments surprisingly affordable and not a far cry from your monthly rent.

Having said that, it is paramount to consider the additional costs of ownership. Things like property taxes, utilities, condo fees, insurance and maintenance can add up and force you way over your budget. I strongly suggest you speak with a mortgage broker or bank representative for help designing a realistic home budget.

I can assure you of this: If home ownership is close to your heart, you'll find a way.

Marnie Bennett is a leading broker with Keller Williams VIP Realty in Ottawa. She has more than 30 years' experience in real estate and has led her Bennett Real Estate Professionals team to the top spot internationally for Keller Williams. Contact her at marniebennett@bennettpros.com for a free report on 6 Things You Must Know Before You Buy.