Best Ottawa Mortgage Company: Capital Mortgages

Ottawa: A City Of Many Faces

At Capital Mortgages we strive to be your personal mortgage broker for life. By focusing on great solutions, compassionate relationships, and honest ethics, we are proud to experience an ever-increasing number of satisfied clientele.

Ottawa Facts

Population: 618,250 (2016) Population Percent of Canadian Population: 26.3% Population Percent of Provincial Population: 13.4% Average Residential Sales Price in Ottawa: $380,720 (2018) Average Remaining Life on Home: 15.4 years (2018) Ottawa is considered one of Canada’s most beautiful cities, with outstanding health care, growing cultural scenes, an exceptional array of museums, and the popular Rideau Canal. In the United States, Ottawa is known for the Heart of Ottawa, where hordes of tourists flock to spend their leisure time and money, and not one but two metro stations are located within the heart of the city.

Ottawa Geography

Ottawa is located in the central part of Canada, in the southern region of the country, about 640 km (400 mi) southeast of Toronto and 375 km (220 mi) southeast of Montreal. With a population of 2,631,824, the area covers 880 km (520 mi) of coast along the St. Lawrence River, with a majority of the province’s population being found in the eastern section of the province. The city is surrounded by the Ottawa River and the Rideau Canal, which was constructed by Governor Cornwallis in 1790. It connects the Ottawa River with the Ottawa River (also known as the Ottawa River) at the British side of the river and the Rideau Canal (part of the National Capital Commission) in Ontario. The combined area is about 25 km (15 mi) long.

Ottawa Neighbourhoods

If you’re looking for a new home in the city, we have great connections in these neighbourhoods. The Glebe By beginning your mortgage journey with us, you’ll have easy access to all the services you need, including: Home Inspector Lease Agreement Property Tax Payment Policies And Conditions Renters & Lease Signatures Windows: Voted Best in Ottawa Our agents have the knowledge to give you peace of mind when renting your home. Call today to learn more about how we can assist you with an Ottawa home listing.

Why is Ottawa a great place to live?

Our first Ottawa Facts below are all about the weather. During the colder months, Ottawa provides some of the most consistent weather in the country. As you may have heard by now, it’s the capital city of Canada, so you may have a short commute. Keep in mind, we may have rain showers here and there, but it usually won’t be during the daytime. We have the nation’s first woman-owned cannabis producer in the city. Ottawa has the largest public art museum in the nation, and is home to the oldest national park in North America. We may have Ottawa as the nation’s capital, but we have the largest population. Of course we have some of the country’s most diverse restaurant options.

In summation, Ottawa offers everything you and your family need.

We here at Capital Mortgages look forward to assisting you with Ottawa mortgage needs. Contact us today by calling us at: 613-228-3888 or email us direct at: info@capitalmortgages.com

You can use these links to APPLY NOW or CONTACT US.

You can also click here.

Ottawa Mortgage Brokers: Capital Mortgage

Moving to Ottawa

At Capital Mortgages we strive to be your personal mortgage broker for life. By focusing on great solutions, compassionate relationships, and honest ethics, we are proud to experience an ever-increasing number of satisfied clientele.

How to move to the Ottawa area?

As a successful independent mortgage broker for more than 20 years, I know all too well the challenges of relocating from our hometown of Mississauga to the Ottawa/Gatineau area. In fact, I am relocating to the Ottawa area with my family of four soon. I thought I’d use this opportunity to help other families facing a similar situation to save time and money and lower their risk of losing out on attractive buying opportunities. Let’s discuss options to help you to make your relocation move more successful. First, as I have discussed on previous blog posts, I strongly advise you to be in a position to put down a significantly larger deposit in order to show the bank your solid finances and commitment to the mortgage and their mortgage program.

What are the job opportunities in Ottawa?

In Ottawa, you can expect a healthy job market, with many government and government contractor positions available. The federal government is known to have some of the best benefits in the country, making Ottawa an ideal place for career-minded individuals. However, these positions can be found on any contract, usually requiring 2-3 years, often with no benefits. If you want a stable job, and in an industry where you will be paid and supported, with good benefits, find a government contractor position. If the employment field is not your top choice, Ottawa is a diverse and extremely diverse city. Finding a company that does not match your field of expertise may be difficult, but one you are passionate about. What is the cost of living in Ottawa compared to the rest of Ontario?

What are the housing options in Ottawa?

Home ownership in Ottawa has seen some major trends in recent years. A larger share of the housing is in detached and semi-detached homes compared to detached homes in 2001. Like most Canadian cities, the cost of real estate has been on the rise over the past few years. Over the past 20 years, real estate prices in Ottawa have increased by 68.2%. Are there any income requirements to get a mortgage? No, any Canadian Citizen can purchase a home in the Ottawa area with a down payment of less than 5%. A credit score of over 660 (FICO) and an annual income of at least $60,000 is acceptable.

Benefits of moving to Ottawa

Charm. Ottawa has a charming atmosphere where people can just live and not worry about worrying. The areas of Ottawa that are more secluded are where you will find the most life-charming places. Some examples are the Gatineau Hills, Rideau Canal, Arnprior, Pakenham, the Kemptville Hills, the Rockcliffe/Ravenscrag areas, and Ottawa’s own Glebe. Ease of traveling Transportation in Ottawa can be a breeze. As well, people tend to be more relaxed because everything is accessible by foot, bus, streetcar or car. The city is perfect for cyclists, and from there, those who wish to take a break and stretch their legs can cycle from one great area to another. For those who have a more adventurous side, they can also kayak, canoe or cross-country ski from one end of the city to the other.

Life after a move to Ottawa

A typical move from Toronto or Vancouver involves not only an effort to unpack boxes, but also negotiate a maze of moving companies, Home Depots, and endless phone calls. The overall goal, in most cases, is to reduce your stress level while maximizing the value of your assets. Some or all of these efforts will be successful in reducing your financial stress in the short-term, but the results in the long-term are variable. There are ways to improve the investment of your belongings or to maximize the enjoyment of your family’s new lifestyle in Ottawa. For many families, the move to Ottawa was their most difficult decision. Moving, by definition, is a stressful task. Especially if there is a family to consider.

Minor setbacks and how to overcome them

Moving to Ottawa, Canada could be challenging. Despite the vast array of cultural experiences, economical opportunities, and simple lifestyle life, moving to Ottawa is always an uncharted way. Moving to Canada takes place in a specific way that we need to know a bit more about. Ottawa is different from cities of other provinces and in a different way from the country as a whole. There are several things that we must consider when moving to Ottawa, and the good news is that they are not impossible. Having in mind the fact that Ottawa is a federal capital, a full-fledged university town, and a haven for parliamentarians, embassies, and other state institutions, moving to Ottawa is easy – just think of those six words. Ottawa is the capital of Canada.

In summary, Ottawa is a great city to move to.

We here at Capital Mortgages look forward to assisting you with Ottawa mortgage needs. Contact us today by calling us at: 613-228-3888 or email us direct at: info@capitalmortgages.com

You can use these links to APPLY NOW or CONTACT US.

You can also click here.