Increasing Your Income with Multi-Unit Real Estate Investments in Orleans
Orleans has always been a popular spot for real estate investments. With its idyllic charm, picturesque landscapes, and proximity to downtown Ottawa, it’s no wonder that many homeowners are considering investing in multi-unit properties. Multi-unit properties such as duplexes can be an excellent way to increase your income while allowing tenants to help pay off your mortgage. In this article, we’ll be discussing the benefits of investing in multi-unit real estate in Orleans and how you can make the most of your investments.
1. Financial Stability
Investing in multi-unit properties can provide financial stability and peace of mind. With the rental income, you receive from your property, you can cover the costs of your mortgage payments, property taxes, insurance, and other expenses. When you own a multi-unit property, you have a steady stream of income that can provide you with a solid financial foundation for years to come. Last week the Bank of Canada paused on the rate hikes, which makes it a good time to lock-in a mortgage for your investment property. The interest is also tax deductible.
2. Tenant Income
One major advantage of owning a multi-unit property is that tenants pay for the property’s monthly living expenses. Through their rent, tenants not only pay for their space but also pay for some of the property’s amenities, repairs, and maintenance. This allows you to keep your property in good condition without spending too much from your pocket. As your tenants pay your mortgage, you’ll have more money in your pocket to invest elsewhere.
3. Property Appreciation
Over time, real estate properties tend to appreciate. Orleans is no exception, and owning a multi-unit property in the area can be a great way to build equity. As your property value increases, you’ll be able to attract higher-paying tenants, which can result in higher rental income. The investment in real estate is a long-term strategy, so investors need to be patient and hold the property over the years to fully take advantage of appreciation. Property appreciation can also be achieved by completing some renovations increasing the value of your home.
4. Control over Your Investment
When you invest in a multi-unit property, you have complete control over your investment. This means that you can manage your property as you see fit, select the tenants yourself, make improvements, and increase your rental rates. You can make informed decisions and tailor your investment strategy to your unique situation. You can also contact an Orleans Real Estate Agent such as Marc-Andre Perrier to help guide you with these decisions, such as qualifying potential tenants.
5. Professional Management
Professional property management services are available in Orleans at reasonable rates. Hiring professional management to handle tenant relationships, maintenance, and operations can save you a lot of time and stress. Property managers can also help you market your rentals, handle tenant disputes, do tenant screenings, and run background checks. This is the way to the smooth running of the property and work faster towards making the property profitable.
Real estate is an excellent investment option that can provide you with incremental income, financial stability, and long-term rewards. Investing in multi-unit properties in Orleans will require time, patience, and money. With careful planning and due diligence, however, investing in multi-units can be an excellent way to increase your income and build equity. Don’t hesitate to take advantage of the potential of Orleans real estate investment. The opportunities are vast, and the rewards can be tremendous. As of writing this article we have multiple duplexes currently listed to add to your portfolio. Contact Orleans Real Estate Agent Marc-Andre Perrier for more information and to book a showing today!
Orleans – A Guide to Back to School Safety Tips for Homeowners
With summer winding down, it is time for parents and children to prepare for the new school year. School buses will be back on the roads, and families will be rushing to get to their destinations on time. As a homeowner in Orleans, it is essential to take proactive measures to ensure that everyone stays safe during this busy period. Whether you live near a French school which has already started or an English school, this blog post will provide you with an overview of how to navigate the traffic and facilitate a smooth transition into the upcoming academic year.
1. Plan Your Routes
Before the start of the new school year, it’s a great idea to test out your commute during peak traffic hours. Disruptions and delays are sure to happen, so make sure you have several alternate routes to get to your destination. Additionally, if you are transporting children to and from school, make sure you set aside enough time so that you can drop them off safely.
2. Look Out for School Buses
School buses will be back on the roads after the summer break, so it’s essential to pay attention and watch out for them. When following a school bus, make sure you give them ample space. The safest distance should be at least two bus lengths. Additionally, it’s illegal to pass a school bus when it stops to unload or load students. You must stop 20 meters away on both sides of the bus until the stop sign stops flashing.
3. Keep an Eye Out for Children
As the school year begins, kids will be excited to get to school and back home. They may not pay attention to oncoming traffic and attempt to cross the road in unexpected areas. As a homeowner, be vigilant and slow down when driving in school zones, especially during pick-up and drop-off times. Remember to always look both ways when driving through residential neighborhoods as kids might be playing outside and may run into the street.
4. Communicate with Your Neighbors
If you live in a neighborhood with many children attending schools, it’s important to communicate with other homeowners in your vicinity. Share your safety concerns about the increase in traffic, discuss potential solutions, and work together to address any issues. This might include contacting the school and the town to make recommendations or requests regarding improving the traffic flow or speeding in the area.
5. Support the Community
Whether you have children that attend school or not, it’s important to support the community during this time of the year. You can volunteer to be a crossing guard, offer to carpool with families in the area, or even donate to the school to fund much-needed projects. These actions go a long way to show your commitment to the community, and it’s always great to be an active participant in making the neighborhood a better place to live.
As a homeowner in Orleans, it’s important to prioritize the safety of your family and the community during the back-to-school season. School buses, children walking on busy roads, and heavy traffic make the roads dangerous, but with proper planning, vigilance, and communication, we can all work together to ensure everyone arrives safely at their destinations. Remember, we’re all in this together!
Home Renovations Are They Worth It?
Are you hoping to increase the value of your home? Maybe you’re considering listing it on the market or perhaps you’re just ready to invest in some much-needed updates. Either way, there are plenty of ways to add value to your home with strategic renovations. In Orleans, there are several projects you can undertake to increase your home’s worth, from kitchen and bathroom remodels to landscaping and finishing your basement. Let’s take a closer look at some of the home renovations that can add value to your Orleans home.
Kitchen Remodel:
The kitchen is often referred to as the heart of the home. It’s the gathering point for meals, parties, homework, and family game nights. So, it’s no surprise that a kitchen remodel can help to significantly increase your home’s value. If you’re looking to get the most bang for your buck upgrading your kitchen, consider adding stainless steel appliances, energy-efficient lighting, and new countertops. Adding a backsplash is an easy cheap addition to any kitchen. You can also update your cabinets, repaint them, or even add a splash of color to give your kitchen a fresh, modern look.
Bathroom Renovations:
Another great place to add value to your home is in the bathroom. It’s often a small room, but it has a big impact on the overall look and feel of your home. Start with small upgrades, like revamping your fixtures or adding some new towels and artwork. But, if you have the budget, consider a full renovation. You can upgrade flooring, install a new toilet, replace the shower or bathtub, or add new tile and lighting. These improvements can make a huge difference and make your home feel like new.
Landscaping:
The outside of your home is just as important as the inside when it comes to value. Consider sprucing up your outdoor space with new landscaping. Add some flower beds, a new garden, or some trees, shrubs and potentially some new interlock. Devise a plan for lawn maintenance, weed control, and trimming shrubs and trees as part of your outdoor tasks. Additionally, outdoor lighting can add ambiance and make your home look beautiful at night time.
Finishing Your Basement:
Another way to add value to your Orleans home is to finish your basement. This is a project that can be as simple or extravagant as you’d like. A basic basement finishing project typically involves waterproofing, adding flooring, select platforms, and creating a bright living space. You can also transform your basement into an entertainment area or guest suite finished with all modern amenities. Adding a bathroom down there, if one doesn’t already exist, can make your finished basement much more valuable. a finished basement is more valuable than a non-finished one.
Investing in home renovations is a smart way to increase the value of your Orleans home. From a kitchen remodel to updating your bathroom fixtures, to adding landscaping to finishing your basement, there are many projects to tackle. Remember to focus on projects that will add the most value such as energy efficient appliances or systems, as they will have significant savings in terms of energy bills. By following these tips, you’ll be well on your way to increasing the value of your home and attracting potential buyers down the line. Contact Marc-Andre Perrier Orleans Realtor for more tips and tricks!
Explore the Natural Wonders of Orleans this Summer!
As homeowners living in Orleans, Ontario, you and your family are fortunate to have easy access to diverse natural landscapes. During summer, when the skies are bright and the sun is shining, there are ample opportunities for outdoor adventures and activities in and around the Orleans area. From hikes through lush forests to canoeing on serene waterways from Petrie Island, exploring scenic golf courses to relaxing on sandy beaches, there is something for everyone.
1. Petrie Island
If you want to have a beach day without driving a long distance, look no further than Petrie Island. This beautiful island located on the Ottawa River features two beaches where you can swim, play beach volleyball, have a picnic, or just bask in the sun. The nature trails around the island are great for hiking and bird-watching. You can also rent a kayak, paddleboard or canoe to explore the river. Petrie Island is a peaceful and fun-filled getaway spot perfect for a day trip or weekend adventure.
2. Millennium Park
Take a break from the cityscape and visit Millennium Park, a lush, green space filled with scenic trails and outdoor recreational opportunities. The park offers a variety of amenities such as splash pads, playgrounds, picnic areas, and soccer and football fields, making it a great spot to visit with friends and family. Many community events are held at the park throughout the summer, giving you plenty of opportunities to socialize and have fun while enjoying the beauty of nature.
3. Hikes in Orleans
If you’re a nature lover or an avid hiker, don’t miss out on the opportunity to explore the many trails that Orleans has to offer. From the Pine Grove Forest to the Brian Coburn Trail, there are plenty of options available to satisfy your adventurous spirit. Whether you’re looking for a challenging hike or a leisurely stroll, Orleans has something for everyone. You can even hire a knowledgeable guide to help you discover hidden gems and fascinating wildlife along the way.
4. Mer Bleu Bog
Have you ever thought about exploring a unique natural wonder in the heart of the city? Mer Bleu Bog is a rare and protected ecosystem in Ottawa’s Greenbelt, offering breathtaking views of flora and fauna found nowhere else in the region. The bog is home to a diverse array of birds, insects, and plant species, including the majestic bald eagle. You can take guided or self-guided tours of this incredible natural space, or even participate in wetland restoration projects as a volunteer.
In conclusion, Orleans is a wonderful place to live and visit, especially during the summer months. You’ll find a wealth of natural beauty and outdoor activities to enjoy in this vibrant community. Start planning your next adventure today by exploring some of the different sites and natural wonders we’ve highlighted in this post. We hope that it will inspire you to discover new places and create lasting memories with family and friends. Happy exploring!
Contact Marc-Andre Perrier Orleans Real Estate Agent to help you get to know Orleans!
Celebrating Canada Day in Orleans – Tips for Moving to Ottawa’s East End Suburb
Living in Ottawa, the capital city of Canada, comes with many perks, including experiencing Canada Day celebrations firsthand. As a homeowner in Orleans, a suburb in the East End of Ottawa, you have access to several festivities that make July 1st a memorable day. In this blog post, we will provide you with a guide on what to expect and tips for relocating to this corner of the nation’s capital.
1. Learning about Orleans – East End Suburb of Ottawa
Orleans is a thriving community in the East End of Ottawa. The neighbourhood is known for its proximity to the Ottawa River and is one of the city’s fastest-growing suburbs. When relocating to Orleans, you can expect great schools, affordable housing, access to shopping centres, and easy access to downtown Ottawa. In fact, Orleans is home to a diverse population with a mix of young families, retirees and professionals alike.
2. Canada Day Activities in Orleans – What to Expect
Canada Day is an exciting time in Orleans. In what has become a decades-old tradition, there are several festivities available for homeowners and residents of Orleans to participate in. Some exciting activities include live music performances, family games and activities, food stalls, and a fantastic display of fireworks all at the nearby Petrie Island beach. If you are not interested in taking part in the community events, you can spend time at home around the bbq.
3. How to Prepare for Moving to Orleans
If you are planning to relocate to Orleans in time for Canada Day, you need to be adequately prepared. Firstly, hiring a reputable relocation company in Ottawa can simplify the process of packing and moving. Next, research schools within the area, neighbourhoods close to your place of work and amenities such as grocery stores. If you are moving from a different city and need a place to stay while you look for a home to rent or buy, there are many reputable hotels or rental housing available. Finally, be prepared to participate in community activities and find out from locals what to expect during Canada Day. Especially if you decide to make the trip to downtown Ottawa where 500,000 people can congregate throughout the day.
4. Reasons for Moving to Orleans
Orleans is an excellent place to call home. It’s accessible and affordable housing, has great schools, fantastic shopping, and dining options, and beautiful public parks and recreational areas that are located nearby for outdoor enthusiasts. The suburb has a real community feel, and it’s easy to make friends and network. If you have a young family, Orleans is a great location to raise children with its kid-friendly friendly amenities, good schools, and safe neighbourhoods.
Relocating to different parts of Ottawa can be daunting but also exciting, especially when preparing for the Canada Day festivities. When moving to Orleans, you can expect an urban-suburban fusion of a community with a small-town feel, excellent schools, a thriving economy, and plenty of family friendly activities, especially on Canada Day. We hope that this guide has provided you with enough details about what to expect when moving to Orleans and celebrate the festivities that come along with Canada Day. Contact Marc-Andre Perrier Orleans Real Estate Agent to help you move and suggest some fun Canada Day activities for your lifestyle!
High Schools in Orleans, Ontario
As a homeowner in Orleans, one of the most important decisions you’ll make is where to send your child to high school. With four high schools in the area, it can be overwhelming to choose which one is the best fit for your family. In this blog post, we’ll compare and contrast the qualities of St. Peter’s Catholic High School, Sir Wilfred Laurier High School, Beatrice Desloges High School, and Gisele Lalonde High School to help you make an informed decision.
St. Peter’s Catholic High School
St. Peter’s Catholic High School is a faith-based school that emphasizes service and community involvement. It is part of the Ottawa Catholic School Board. The school offers a wide range of programs, including an Advanced Placement program for students who want to challenge themselves academically. With a student population of around 1200, the school is large enough to offer diverse extracurricular activities such as sports, clubs, and music programs. The school is located in a quiet suburban area, providing a safe and peaceful learning environment for students.
Sir Wilfred Laurier High School
Sir Wilfred Laurier High School is a diverse, inclusive school that fosters a culture of respect and understanding. It is part of the Ottawa-Carleton District School Board. The school offers a range of programs, including a French Immersion program, an International Baccalaureate program, and a Specialist High Skills Major program. With a student population of over 2000, the school is the largest of the four high schools in Orleans. The school is located on a large campus, providing ample opportunities for outdoor activities and sports.
Beatrice Desloges High School
Beatrice Desloges High School is a school that values innovation and collaboration. It is part of le conseil des écoles catholiques du Centre-Est. The school offers a range of programs, including Art specialization, and a Specialist High Skills Major program. With a student population of around 900, the school is smaller than the other high schools in Orleans, providing a more personalized learning experience for students. The school is located in a bustling commercial area, offering students easy access to shopping and dining options.
Gisele Lalonde High School
Gisele Lalonde High School is a school that emphasizes excellence and integrity. It is part of le conseil des écoles publiques de l’Est de l’Ontario. The school offers a range of programs, including a Sports Specialization program and an International Baccalaureate program, and a Specialist High Skills Major program. With a student population of around 1100, the school is small enough to allow for personalized attention from teachers while still offering a diverse range of extracurricular activities, including sports, clubs, and music programs. The school is located in a quiet suburban area, providing a safe and peaceful learning environment for students.
Choosing the right high school for your child can be a daunting task, but by comparing and contrasting the qualities of each school, you can make an informed decision. Whether you’re looking for a faith-based school, a diverse and inclusive school, a school that values innovation and collaboration, or a school that emphasizes excellence and integrity, there’s a high school in Orleans that can meet your needs. Consider the student population, programs offered, extracurricular activities, and location of each school when making your decision. With the right information, you’ll be able to choose a high school that will help your child achieve their academic and personal goals, and prepare them for success in the future. Contact local Orleans Realtor Marc-Andre Perrier to questions about local High Schools.
Experience the Best Festivals in Ottawa on the Spark Street
Ottawa is one of the best destinations in the world if you want to explore different festivals. It is the capital city of Canada, making it a melting pot of different cultures and traditions. Whether you love food, music, or performances, you will find something to suit your taste in Ottawa. One of the most popular spots to explore during festival season is Spark Street. This vibrant area is known for its colorful festivals, including the annual Ribfest. Aside from being a prime spot for festival-goers, Spark Street is also a coveted location for real estate buyers. Today, we invite you to explore the best festivals in Ottawa on the Spark Street.
1. Ottawa Ribfest
Ribfest is the most popular festival that takes place on Spark Street every summer. It starts today May 31st, 2023 until Sunday June 4th, 2023. People from all over the world come to Ottawa to enjoy this event that showcases the best BBQ ribs in the country, including 9 award winning Ribbers! During Ribfest, you can enjoy live music, a beer garden, and a carnival atmosphere. If you plan on staying for the entire weekend, consider renting an apartment close to Spark Street.
2. Ottawa Bluesfest
Bluesfest is another popular festival that takes place in Ottawa in July. The festival features local and international musicians that play different genres of music, including blues, rock, folk, and indie. The festival has grown in popularity over the years, attracting thousands of visitors. This year’s top performers include Shania Twain, Foo Fights, Mumford & Sons to name a few. If you love music and want to invest in real estate in Ottawa, owning a condo close to Spark Street or LeBreton Flats is an excellent way to live close to the action.
3. Ottawa International Writers Festival
The Ottawa International Writers Festival is a unique festival that takes place in Ottawa. The festival brings together authors, poets, and writers from around the world to share their work and inspiration. It is an excellent opportunity for aspiring writers to learn from established authors. If you love reading and writing, owning a property close to downtown can put you in the center of this literary scene. The next upcoming festival is in the fall from October 25-30th, 2023.
4. Ottawa International Busker Festival
The Ottawa International Busker Festival is scheduled to take place from August 4th-7th, 2023. The festival features beautiful performances by buskers, live music, and many gasping spectators on Spark Street. The festival is an excellent chance to celebrate the summer season and enjoy the stunning talent. If you want to be in the heart of the celebration, owning a property near Spark Street or downtown can put you right near the action.
5. Ottawa Downtown Real Estate Opportunities
The downtown area is a prime location for real estate buyers. From condos to townhouses, there are plenty of properties available that cater to different budgets. If you love the hustle and bustle of city life, owning a property downtown can provide you with all the excitement and entertainment you need. Plus, you will be a stone’s throw away from some of the best festivals in the city.
Ottawa is one of the best cities to explore during festival season, and Spark Street is the perfect place to start your journey. From Ribfest, to Ottawa’s Bluesfest to the Ottawa International Busker Festival, there is always something to celebrate in this vibrant area. If you want to be a part of the action, consider investing in real estate downtown near Spark Street. You will have access to some of the best festivals, restaurants, and shopping districts in the city. Don’t miss out on a chance to be part of the excitement in Ottawa. Contact Marc-Andre Perrier Ottawa Real Estate Agent with Century 21 to help find the perfect property for you!