Sara AwadReal Estate
Resources

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Straightforward guides, real numbers and the tools Ottawa buyers, sellers, tenants and landlords ask for most.
Mortgage calculator

See what a monthly payment really looks like.

Adjust the purchase price assumptions below for a quick estimate. For an exact figure, I'll connect you with an Ottawa mortgage broker who can pre-approve you at no cost.

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Mortgage calculator
Estimated monthly
$3,206

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

FAQ

Real estate questions, answered.

How much do I need for a down payment in Ottawa?
Five percent on the first $500,000, ten percent on the portion between $500,000 and $1.5 million, and twenty percent above that. Anything under twenty percent requires mortgage default insurance.
Who pays the REALTOR® commission?
On a resale purchase, commission is paid out of the seller's proceeds, so buyer representation typically costs you nothing directly. Selling commission is agreed in writing before your home is listed.
What closing costs should I budget for?
Plan for roughly 1.5 to 4 percent of the purchase price: Ontario land transfer tax, legal fees, title insurance, adjustments and a home inspection.
How long does it take to sell a home in Ottawa?
It depends on price band, neighbourhood and season. We'll review current days-on-market for comparable properties before setting a list price.
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