- This Time Round
- 7 years ago
- Wedding: December 2012
NO WAY… for Eastern Ontario.
$ 125 K… might get you a lot with a Trailer Home perhaps for about that amount but you’d be away from the major cities, out in the country… and very rural.
$ 150 to 200 K will get you into a regular house (far from new) and again in a small town or rural setting.
$ 250 K will get you into an older home in one of our midsized cities (Brockville, Kingston & Bellevile) OR an older Townhouse, Garden Home or Semi-Detached Home in the suburbs of Ottawa (or a studio apartment in a modern condo)
$ 300 K will get you a decent house (maybe even a NEW small home) in one of our midsized cities (Brockville, Kingston & Belleville) … or a one bedroom apartment in a modern condo in Ottawa
$ 300 to 350 K will get you are NEW Townhouse, Garden Home or Semi-Detached Home in the suburbs of Ottawa… or an older single home in the suburbs of Ottawa (or a good sized apartment in a modern condo) … or a NEW single Home in other areas of Eastern Ontario
$ 400 K to $ 500 K will get you a NEW Home in the suburbs of Ottawa… or a luxury apartment in a modern condo
Most of Ottawa’s citizens who live in the suburbs live in homes in the $ 300 to $ 500+ K range.
And typically they are 2 story, 3 or 4 bedroom homes ranging from 1000 square feet up to 3000 square feet.
NEWER and Larger homes (over 3000 square feet) in suburbia can easily run $ 500 K up to over $ 1 Million
People who live downtown or in the core areas of the city… find their housing costs to be even higher. With a great many homes in prime areas of Ottawa being $ 750 K to the $ 1 Million mark
Beyond, that there are some Mega Mansions throughout Ottawa and the National Capital Region area… and on into Eastern Ontario. Many of them having extensive amounts of land, or being waterfront properties (Ottawa River, Rideau River, the Historic Rideau Canal… or on the St Lawrence River or in the 1000 Islands) and they run from $ 2 Million up to over $ 10 Million.
Just writing about all these houses, makes me wish I would win the lottery… I’d so be buying myself a wonderful home with some land and gorgeous waterfront views… if I had enough cash, maybe something in the 1000 Islands.
(For the record, Mr TTR and I live in a typical house for the area… built in the 1970s, 3 Bedrooms and desperately in need of a facelift / makeover / reno. Value would be somewhere around the $ 300 to $ 350 K mark. I’d love to sell and get a NEW home with all the modern updates etc… BUT at our age, neither of us want to go back to having a significant mortgage… and to get a new home we’d be looking at doing that as we’d have to move up by at least $ 100 K)