Tag Archives: Ottawa

We Buy Houses in Canada

We buy houses in Canada to provide instant cash, fast closing to avoid foreclosure, eviction and help fellow Canadians to downsize and move forward.Professional real estate investors group (PREIG) Canada is helping fellow Canadians in need and we buy houses in Canada for cash with fast closing.

We buy houses in Canada

 

 

 

 

 

 

 

We understand the urgency of time and money. We buy houses in Canada will make a written offer for you to review it with your real estate lawyer and get independent legal opinion.

We Buy Houses in Canada

We are here for helping fellow Canadians in need, now leads from the front when it comes to helping Canadians in and around the area to sell their homes really fast.

With deep roots and insights in finance and Canadian real estate, we have helped innumerable Canadians to sell their homes without much of hassles whatsoever.

We are Canadian cash home buyers. The reason you want to sell your home for cash and fast is important to us to make sure that you are able to move forward. Together we can come up with a win/win solution.

We buy houses

We buy houses from Canadian Home owners are facing one of following challenges;

Behind mortgage payments

Needs cash now

Bank/Lender refuses to renew mortgage

Demand letter by the bank, pay up or get sued

Avoid eviction orders by court

Missing mortgage payments

Unemployed

Laid off

Property requires renovation

Work orders by city inspectors

Avoid seizure of your property

Behind Taxes with Canada Revenue Agency

Right to redeem (power of sale/foreclosures)

Non renewable of Mortgage

Fire damage properties

Power of sale

 

Sell Your House For Cash

 

 

 

 

 

 

 

 

Tax Sale

Sheriff Sale

Court case

Eviction by Sheriff

Law suits

Expired MLS listings

Divorce

Bankruptcies

Homes in probate

Family problems

Sickness

Foreclosures

Poor health

Pay off debts

Accidents

Downsize

Old age

Sellers whose employers transfer them

Owners who are evicting tenants

We Buy Houses in Canada

 

 

 

 

 

 

 

Vacant homes

Trashed or damaged homes

No-Commission

Fire damaged properties

Estate Sales

Death

Drugs

Grow Op houses

Meth labs

Murder

Stigmatized properties

Flood/wind damage properties

Seized properties

Auctions

Sell me your property

Sell it fast for Cash

All paper work approved in writing by the home owners Lawyer FIRST.

What is important is that you are treated fairly with respect and dignity and get out of the situation really fast.

We buy houses in Canada

 

 

 

 

 

 

With a considerable experience, expertise, knowledge, and vital industry exposure, Professional real estate investors group (PREIG) Canada is always successful in assisting Canadians to sell their properties without much of hassles.

By doing so, we have helped innumerable Canadians in need of money get quick cash. We buy any and almost every type of homes and properties. Therefore, Canadian property owners who must sell due to relocating or need fast cash owing to an urgent need, want to sell properties without involving in lengthy and cumbersome procedure.

We Buy Houses in Canada for Cash Fast Closing

In any condition and irrespective of the location and condition. Despite the price range and condition of the property, we help Canadian property owners dispose of the property right away. Moreover, we offer no obligation offer to enable Canadian home owners to make the right decision for them.

Professional real estate investors group (PREIG) Canada is the best resource for those who want to know how to sell their house in Canada for quick cash and fast closing.

About Professional real estate investors group (PREIG) Canada

Professional real estate investors group (PREIG) Canada is known to provide a win-win situation to those who are in a dire need of money and want to sell their home fast.

We buy Houses in Canada

We buy houses all across Greater Toronto area

Toronto,Scarborough, Markham, Brampton, Mississauga, Oshawa, Oakville, Whitby, Burlington,Barrie, Belleville, Brampton,Brant,Brantford, Brockville,Burlington,Cambridge,
ClarenceRockland,Cornwall,Dryden,ElliotLake,GreaterSudbury, Guelph,Haldimand County,Hamilton,
Kawartha Lakes,Kenora,Kingston,Kitchener,
London,
Markham,Mississauga,
Niagara Falls,Norfolk County,North Bay,
Orillia,Oshawa,Ottawa,Owen Sound,
Pembroke,Peterborough,Pickering,Port Colborne,Prince Edward County,
Quinte West,
Sarnia,Sault Ste. Marie,St. Catharines,St. Thomas,Stratford,Temiskaming Shores,Thorold,Thunder Bay,Timmins,Toronto,
Vaughan,
Waterloo,Welland,
Windsor,
Woodstock,

We Buy Houses for CASH in Alberta

Calgary, Edmonton, Ft Mcmurray, Lethbridge, Medicine Hat, Peace River Country, Red Deer, Canmore,

We Buy Houses for CASH in British Columbia

Cariboo, Comox Valley, Fraser Valley, Kamloops, Kelowna, Okanagan, Kootenays, Nanaimo, Peace River Country, Prince Geroge, Skeena-Bulkley, Sunshine Coast, Vancouver, Victoria, Whistler, Squamish, Surrey, White rock,

We Buy Houses for CASH in Ontario

Barrie, Belleville, Brantford-Woodstock, Chatham-Kent, Cornwall, Greater Toronto Area, Guelph,  Hamilton-Burlington, Kingston, Kitchener-Waterloo-Cambridge, London, Niagara Region, Ottawa-Hull-Gatineau, Owen Sound, Peterborough, Sarnia, Sault Ste Marie, Sudbury. Thunder Bay, Toronto, Windsor

We Buy Houses for CASH in all provinces of Canada

Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, and Saskatchewan.

Lenders in Canada
Lenders in Canada

Ontario tax sale properties Ottawa

municipal act, 2001

Jun 14,2018 Ontario tax sale properties Ottawa sale of land by public tender

The Corporation of the City of Ottawa

take notice that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time on Thursday June 14th 2018 at: The City of Ottawa, Revenue Services, 100 Constellation Drive, 4th Floor East, Ottawa ON K2G 6J8 Attention: Treasurer Tenders will be accepted if sealed in an envelope and clearly marked with the PIN (Property Identification Number) and the Roll Number of the property for which the tender is submitted, for example: “Tax Sale for: PIN 04559-0195(LT) Roll No. 0614.422.820.17600.0000.” A separate tender must be submitted for each property.

Ontario tax sale properties Ottawa

Tenders will be received ONLY at the above mentioned address until 3:00 p.m. local time on the above date. The tenders will then be opened in public on the same day at 101 Centrepointe Drive, Ground Floor, The Chamber, immediately following the 3:00 p.m. deadline.

Please be advised there is a non-refundable fee of $42.00 for each tender package requested. Payment must be made at the time of request for each tender package. Payment by cash (exact change only), debit card, credit card, money order or certified cheque, payable to the City of Ottawa will be accepted.

Ontario tax sale properties Ottawa

Jun 14,2018 Ontario tax sale properties Ottawa

Description of Land(s):

BLK 4, PL 50M-207

1.98AC 291.93FR D

PIN: 14551-0128 (LT)

Municipal Address: 5049 mcneely RD

Roll No. 0614.500.201.20626.0000

Minimum Tender Amount:$98,745.07

unit 8, level 7, carleton condominium plan no 476 ;

AC FR D

PIN: 15476-0371 (LT)

Municipal Address: 708-35 holland AVE

Roll No. 0614.073.701.90177.0000

Minimum Tender Amount:$25,825.31

lot 168, plan 467421

6600.00SF 66.00FR 100.00D

PIN: 04694-0356 (LT)

Municipal Address: 13 barnes CRES

Roll No. 0614.120.725.15100.0000

Minimum Tender Amount:$56,023.17

consolidation of various properties: part of blocks 1, 2 and 3 plan 50m-207, being parts 8 and 14 on plan 4r-21016 and part of block 5 plan 50m-207, being part 11 on plan 4r-21016 3.01ac 244.88fr d

PIN: 14551-0322 (LT)

Municipal Address: 0 mcneely RD

Roll No. 0614.500.201.20625.0000

Minimum Tender Amount:$1,243,631.67

LT 21 CON 10 marlborough; LT 22 CON 10 marlborough;

40.00AC FR D

PIN: 03936-0047 (LT)

Municipal Address: address not assigned

Roll No. 0614.181.825.13600.0000

Minimum Tender Amount:cancelled

PT LTS 10, 11 & 12, PL 86, as in INST N429355, S/S ST. joseph BLVD, (formerly ottawa ST) 1.18AC 312.45FR 150.00D

PIN: 04420-0790 (LT)

Municipal Address: address not assigned

Roll No. 0614.600.085.10200.0000

Minimum Tender Amount:$125,266.15

LTS 337 & 338, PL 346

4950.00SF 50.00FR 99.00D

PIN: 04000-0053 (LT)

Municipal Address: 1459 chatelain AVE

Roll No. 0614.084.801.65700.0000

Minimum Tender Amount:$39,217.34

unit 6, level 2, carleton condominium plan No. 362

AC FR D

PIN: 15362-0013 (LT)

Municipal Address: 206-2019 bank ST

Roll No. 0614.116.501.78712.0000

Minimum Tender Amount:$19,986.39

PT LT 8 CON 4RF gloucester PT 2 5R4656

0.36AC 83.20FR 200.00D

PIN: 04157-0081 (LT)

Municipal Address: 2785 bank ST

Roll No. 0614.600.055.16300.0000

Minimum Tender Amount:$57,689.50

Ontario tax sale properties Ottawa

The sale of these properties is subject to cancellation up to the time of the tender opening without any further notice. The Minimum Tender amount represents the cancellation price as of the first day of advertising.

Tenders must be submitted in the prescribed form, Tender to Purchase, and must be accompanied by a deposit in the form of a money order or a bank draft or cheque certified by a bank or trust corporation or Province of Ontario Savings Office payable to the City of Ottawa and representing at least 20 per cent of the tender amount.

Except as follows, the municipality makes no representation regarding the title to or any other matters including environmental concerns, relating to the land(s) to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes, penalties and interest, HST if applicable and the relevant land transfer tax within fourteen (14) calendar days of being notified that he/she is the successful purchaser.

The municipality does not provide an opportunity for potential purchasers to view properties. The municipality has no obligation to provide vacant possession or a key to the successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact Finance Specialist

Kathleen or Dan

613-580-2740

The Corporation of The City of Ottawa

100 Constellation Drive, 4th Floor East, Ottawa, ON K2G 6J8 Tender packages must be purchased at the address noted above. Information is also available on the City of Ottawa.

Forgivable Grants for Ottawa Home Owners

Home Owner

Forgivable Grants for Ottawa – the Ontario Renovates program administered by the City’s Housing Services branch ("Housing Services"), provides limited funding to low income seniors and to persons with disabilities who own their home for necessary repairs and accessibility modifications to support independent living.

Eligibility of applicants

Homeowners who are 65 years of age or older
People with disabilities
Families with a household member(s) who is a senior or person with a disability may be eligible if property value and income criteria are also met (criteria listed below)

Forgivable Grants for Ottawa Home Owners
Get your copy of Directory Forgivable Canadian Real Estate Grants now at www.GovernmentGrantsCanada.ca

Forgivable Grants for Ottawa Home Owners

Eligibility of property

Your property may be eligible for the program if it is:

Located in the City of Ottawa;
Valued at or under $408,030 as determined by the province and verified by the owners most recent property tax or MPAC assessment; and
Your sole and primary residence.

Forgivable Grants for Ottawa Home Owners

Eligibility of repairs and accessibility modifications

Your home may be eligible for the Forgivable Grants for Ottawa Home Owners program if it requires repairs and/or modifications to make it safer, more accessible and more energy efficient. Examples of acceptable repairs and modifications include, but are not limited to:

  • electrical and heating systems including chimneys
  • doors and windows
  • foundations, roofs, walls, floors and ceilings
  • plumbing
  • septic systems, well water, and well drilling
  • fire safety
  • cues for doorbells or fire alarms
  • ramps, handrails, chair and bath lifts, height-adjusted countertops

Please note that any repairs or modifications carried out before the loan or grant is approved in writing and a funding agreement is signed are not eligible and will not be reimbursed.

Forgivable Grants for Ottawa Home Owners

Scope of funding

The Forgivable Grants for Ottawa Home Owners program provides funding in the form of a forgivable loan and/or grant for eligible applicants or participants up to a maximum amount of $18,500:

Forgivable Grants for Ottawa Home Owners

Forgivable Grants for Ottawa Home Owners go up to five thousand dollars ($5,000) can only be used for accessibility modifications to the home.
Forgivable loans up to fifteen thousand dollars ($15,000) can be used for both accessibility modifications and essential repairs and must be approved by the program administration.
The loan will be forgiven if you continue to own and live in the house for ten (10) years after the repairs or modifications have been completed.
The amount of the loan is contingent on the total grant amount taken to equal a maximum of $18,500 in total funding received by the applicant.
Eligible households can only receive the loan/grant amount that is verified by quotes for projects.

 

Duration of program

Housing Services is accepting applications and will continue to do so until all funds are spent or until March 31st, 2018, whichever comes first.

Timelines

Once the Housing Services branch has received the application, the applicant will be contacted by letter declaring eligibility or non-eligibility. Applicants will also be notified if documents are missing.

Use of funds

Funds awarded can only be used for the purposes outlined in the Funding Agreement with Housing Services. If the cost of the necessary repairs or modifications is more than the maximum amount of the grant and/or loan provided, you, as the property owner, may have to cover the additional cost. Reporting and follow-up

Forgivable Grants for Ottawa Home Owners

Housing Services may follow up with you annually to determine if you are the title owner of the property. If you sell or move within 10 years of receiving a forgivable loan, you will be required to pay all or a portion of the loan back to the City.

How to apply for funding

Print and complete this application form PDF opens in a new tab or window [PDF – 162KB] and provide all necessary documents
Print this checklist PDF opens in a new tab or window
Contact the program at the phone number or email address below to request an application package be mailed to you

All applications with necessary documents must be mailed or delivered to:
City of Ottawa
Housing Services branch
Ontario Renovates program
100 Constellation Drive, 8th Floor West
Ottawa, ON, K2G 6J8

For more information about the Ontario Renovates program, please call our information line at 613-580-2424 ext. 12300 or email Ontariorenovates@ottawa.ca (link sends e-mail).

Rooming House

The Rooming House Renovation Program falls under the Ontario Renovates Program that is administered by the City’s Housing Services branch ("Housing Services") and provides limited funding to qualifying landlords for essential repairs and renovations as well funding to modify existing unit(s) or building(s) to make them more accessible and in compliance with the Accessibility for Ontarians with Disabilities Act, 2005.

Eligibility of applicants

A rooming house property may be eligible for the program if it is:

  • Located in the City of Ottawa
  • Modest unit relative to community norms in terms of floor space and amenities;
  • Rent affordability based on 60% of the Average Market Rent (AMR) for Ottawa – (rent table is below (updated yearly by CMHC Rental Market Report));
  • A rooming house that require essential repairs and/or energy efficiency upgrades;
  • A rooming house that require modifications to increase accessibility;
  • A rooming house that is in good standing with the City of Ottawa (or) actively working towards compliance as determined by the City.

Monthly Rent Unit Type 60% of Average Market Rent
Residential services home/Rooming House Up to $589.20
Examples of essential repairs

Examples of essential repairs include, but are not limited to:

  • Replacement of windows to energy efficient double pane, low E argon windows;
  • Roof replacements using attic insulation to a minimum of R40Furnace and/or heating equipment;
  • Toilet replacement with low-flush or dual-flush toilet (6 litres per flush or less);
  • Replacement of water heater with an ENERGY STAR qualified instantaneous water heater;
  • Modifications of kitchen and bathrooms;
  • Other items will be reviewed and considered that improve the quality of the dwelling for the tenants.

Examples of accessibility modifications

Examples of acceptable accessibility modifications include, but are not limited to:

  • Ramps;
  • Handrails;
  • Chair and bath lifts;
  • Countertops height adjustments;
  • Cues for doorbells and fire alarms.

Scope of funding

The Forgivable Grants for Ottawa Home Owners program provides funding in the form of forgivable loans to qualifying landlords:

Forgivable loans up to ten thousand dollars ($10,000) per rooming unit (room) up to a maximum of $100,000 per property;

  • Total loan is dependent on how many rental units are in the rooming house and the scope of repairs approved by the Housing Services Branch;
  • The loan will be totally forgiven if rent levels are maintained for the full 15 years as per CMHC Rental Market Report;
  • 1/15 (6.67%) of the total loan will be forgiven each year;
  • Eligible landlords can only receive one loan per address under this program;
  • A second mortgage must be registered on the approved property.

Duration of program

Housing Services will accept applications until all funds are spent, or until March 31st, 2018, whichever comes first.

Timelines

Once Housing Services has received the application, the applicant will be contacted by a case coordinator from the Affordable Housing Unit. Applicants will also be notified if documents are missing. The full review of the application will include a visual property and building assessment and internal review by city staff. Please note that application review timelines may vary.

Release of funds

Funding will be committed to an approved rental property owner upon signing a Funding Agreement document with Housing Services outlining the total amount funded and the terms and conditions attached to the use and release of funds.

Please note that any repairs and/or energy efficiency upgrades carried out before the loan is approved in writing are not eligible for the Forgivable Grants for Ottawa Home Owners program and will not be reimbursed.

Use of funds

Funds awarded can only be used for the purposes outlined in the Funding Agreement with the City of Ottawa’s Housing Services. If the cost of the necessary repairs and/or modifications is more than the maximum amount of the loan provided, you, as the property owner, must cover the additional cost.
Reporting and follow-up

Housing Services will follow up with you on an annual basis for your rent roll to ensure the units within the property remain affordable. If you sell, transfer title or increase the rent beyond the 60% of AMR (updated yearly – CMHC Rental Market Report) within 15 years of receiving a forgivable loan, you will be required to pay all or a portion of the loan back to the City.

How to apply for funding

Contact the program at the phone number or email address below to request an application package be mailed to you

All applications with necessary documents must be mailed or delivered to:
City of Ottawa Housing Services
Ontario Renovates Program
100 Constellation Drive, 8thFloor West
Ottawa, ON, K2G 6J8

For more information about the Ontario Renovates program, please call our information line at 613-580-2424 ext. 12300 or email Ontariorenovates@ottawa.ca (link sends e-mail).

Rental Units

The Ontario Renovates program is administered by the City’s Housing Services branch ("Housing Services") and provides limited funding to qualifying landlords for essential repairs and renovations as well as modifications to improve accessibility of their existing unit(s) or building(s) and make them in compliance with the Accessibility for Ontarians with Disabilities Act, 2005.

Eligibility of applicants

The rental property may be eligible for the program if it is:

Located in the City of Ottawa;
Modest unit relative to community norms in terms of floor space and amenities;
Rent affordability based on the Average Market Rent (AMR) for Ottawa as established by the Canadian Mortgage and Housing Corporation's Rental Market Report(link is external) (also see table below);
Not at the same municipal address as the landlord's residence;
A building or unit that require essential repairs and/or energy efficiency upgrades;
A single unit or multi-unit building that requires modifications to increase accessibility and accommodate tenants who are seniors and/or persons with disability;

Examples of acceptable accessibility modifications include, but are not limited to:

Ramps
Handrails
Chair and bath lifts
Countertops height adjustments
Cues for doorbells and fire alarms

Scope of funding

The Forgivable Grants for Ottawa Home Owners provides funding in the form of forgivable loans to qualifying landlords:

Forgivable loans up to ten thousand dollars ($10,000) per rental unit up to a maximum of $100,000 per property;
Total loan is dependent on how many rental units are in the rental building and the scope of repairs approved by the Housing Services Branch;
The loan will be totally forgiven if rent levels are maintained for the full 15 years;
1/15 (6.67%) of the total loan will be forgiven each year;
Eligible landlords can only receive one loan per unit under this Forgivable Grants for Ottawa Home Owners program
A second mortgage must be registered on the approved property for all forgivable loans exceeding $25,000

Duration of Forgivable Grants for Ottawa Home Owners program

Housing Services will accept applications until all funds are spent, or until March 31st, 2018, whichever comes first.

Ineligible projects

The following projects are not eligible for Ontario Renovates funding:

Retirement Homes, Long-Term Care Homes (including nursing homes), and crisis care facilities
Units not subject to the Residential Tenancies Act, 2006 (except shelters and transitional housing that house victims of domestic violence)
Projects that received funding under AHP (2005), AHP Extension (2009) – Rental and Supportive and IAH – Rental Housing
Units for which the homeowner received Homeownership component funding under the AHP or IAH
Social Housing units as defined under the Housing Services Act, 2011

Timelines

Once Housing Services has received the application, the applicant will be contacted by letter declaring eligibility or non-eligibility. Applicants will also be notified if documents are missing.
Release of funds

Funding will be committed to an approved rental property owner upon signing a Funding Agreement document with Housing Services outlining the total amount funded and the terms and conditions attached to the use and release of funds.

Please note that any modifications carried out before the loan is approved in writing are not eligible and will not be reimbursed.

Use of funds

Funds awarded can only be used for the purposes outlined in the Funding Agreement with the City of Ottawa’s Housing Services branch. If the cost of the necessary modifications is more than the maximum amount of the loan provided, you, as the property owner, must cover the additional cost.
Reporting and follow-up

Housing Services will follow up with you on an annual basis for your rent roll for the funded unit(s) to ensure the units remain affordable. If you sell or increase the within 15 years of receiving a forgivable loan, you will be required to pay all or a portion of the loan back to the City.


How to apply for funding

All applications with necessary documents must be mailed or delivered to:
City of Ottawa
Housing Services branch
Ontario Renovates program
100 Constellation Drive, 8thFloor West
Ottawa, ON, K2G 6J8

For more information about the Forgivable Grants for Ottawa Home Owners please call our information line at 613-580-2424 ext. 12300 or email Ontariorenovates@ottawa.ca (link sends e-mail).

DISCLAIMER

We believe the information contained in this
article to be accurate.It is presented with the
understanding that we are not engaged in
rendering legal,accounting, or investment advice.
When professional assistance is required,
utilize the services of a licensed real estate
broker, lawyer, accountant,
or other consultant as may be required.

Forgivable Grants for Ottawa Home Owners
Tickets for LIVE CRASH COURSE at http://www.Flipping4Profit.ca

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Ontario Renovates program

The Ontario Renovates program administered
by the City’s Housing Services branch
(“Housing Services”), provides limited funding to
low income seniors and to persons with disabilities
who own their home for necessary repairs and
accessibility modifications to support independent living.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Eligibility of applicants

Homeowners who are 65 years of age or older
People with disabilities
Families with a household member(s)
who is a senior or person with a disability
may be eligible if property value and income
criteria are also met (criteria listed below)
The income requirements are based on
household size and are described in the table below:

Ontario Renovates income requirements for homeowners

Household Size Maximum Gross Annual Income
One person $36,075.00
Two person $44,160.00
Three person $53,610.00
Four person $64,320.00
Five person $72,510.00
Six person $81,435.00
Seven or more person $88,900.00
Eligibility of property
Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Your property may be eligible for the program if it is:

Located in the City of Ottawa;

Valued at or under $408,030 as determined by
the province and verified by the owners most
recent property tax or MPAC assessment; and
Your sole and primary residence.

Eligibility of repairs and accessibility modifications

Your home may be eligible for the program
if it requires repairs and/or modifications to
make it safer, more accessible and more
energy efficient. Examples of acceptable
repairs and modifications include, but are not limited to:

electrical and heating systems including chimneys
doors and windows
foundations, roofs, walls, floors and ceilings
plumbing
septic systems, well water, and well drilling
fire safety
cues for doorbells or fire alarms
ramps, handrails, chair and bath lifts,
height-adjusted countertops
Please note that any repairs or
modifications carried out before the
loan or grant is approved in writing and a
funding agreement is signed are not eligible
and will not be reimbursed.

Scope of funding

The program provides funding in the form o
f a forgivable loan and/or grant for eligible applicants
or participants up to a maximum amount of $18,500:

Grants up to five thousand dollars ($5,000) can
only be used for accessibility modifications to the home.
Forgivable loans up to fifteen thousand dollars ($15,000)
can be used for both accessibility modifications and
essential repairs and must be approved by the
program administration.
The loan will be forgiven if you continue to own
and live in the house for ten (10) years after the
repairs or modifications have been completed.
The amount of the loan is contingent on the total
grant amount taken to equal a maximum of
$18,500 in total funding received by the applicant.
Eligible households can only receive the loan/grant
amount that is verified by quotes for projects.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Duration of program

Housing Services is accepting applications and will
continue to do so until all funds are spent or
until March 31st, 2018, whichever comes first.

Timelines

Once the Housing Services branch has received
the application, the applicant will be contacted
by letter declaring eligibility or non-eligibility.
Applicants will also be notified if documents are missing.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Use of funds

Funds awarded can only be used for the purposes
outlined in the Funding Agreement with Housing
Services. If the cost of the necessary repairs or
modifications is more than the maximum amount
of the grant and/or loan provided, you, as the
property owner, may have to cover the additional cost.

Reporting and follow-up

Housing Services may follow up with you annually
to determine if you are the title owner of the property.
If you sell or move within 10 years of receiving a
forgivable loan, you will be required to pay all or a
portion of the loan back to the City.

How to apply for Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Print and complete this application form PDF
opens in a new tab or window [PDF – 162KB]
and provide all necessary documents
Print this checklist PDF opens in a new tab or window
Contact the program at the phone number or
email address below to request an application
package be mailed to you
All applications with necessary documents
must be mailed or delivered to:

City of Ottawa
Housing Services branch
Ontario Renovates program
100 Constellation Drive, 8th Floor West
Ottawa, ON, K2G 6J8
Inquiries

For more information about the Ontario Renovates program,
please call our information line at 613-580-2424 ext. 12300
email Ontariorenovates@ottawa.ca

Ottawa-Ontario Rooming House Renovation Program

Forgivable loans up to $10,000/room in Ottawa-Ontario Rooming House Renovation Program

Rooming House Renovation Program

The Rooming House Renovation Program falls under the Ontario Renovates Program that is administered by the City’s Housing Services branch (“Housing Services”) and provides limited funding to qualifying landlords for essential repairs and renovations as well funding to modify existing unit(s) or building(s) to make them more accessible and in compliance with the Accessibility for Ontarians with Disabilities Act, 2005.

Ottawa-Ontario Rooming House Renovation Program

 

 

 

 

 

 

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Ottawa-Ontario Rooming House Renovation Program Eligibility of applicants

A rooming house property may be eligible for the program if it is:

Located in the City of Ottawa Modest unit relative to community norms in terms of floor space and amenities;
Rent affordability based on 60% of the Average Market Rent (AMR) for Ottawa – (rent table is below (updated yearly by CMHC Rental Market Report));
A rooming house that require essential repairs and/or energy efficiency upgradesA rooming house that require modifications to increase accessibility;
A rooming house that is in good standing with the City of Ottawa (or) actively working towards compliance as determined by the City

Ottawa-Ontario Rooming House Renovation Program Monthly Rent

Unit Type 60% of Average Market Rent
Residential services home/Rooming House Up to $589.20
Examples of essential repairs

Examples of essential repairs include, but are not limited to:

Replacement of windows to energy efficient double pane, low E argon windows;
Roof replacements using attic insulation to a minimum of R40Furnace and/or heating equipment;
Toilet replacement with low-flush or dual-flush toilet (6 litres per flush or less);
Replacement of water heater with an ENERGY STAR qualified instantaneous water heater;
Modifications of kitchen and bathrooms;
Other items will be reviewed and considered that improve the quality of the dwelling for the tenants.
Ottawa-Ontario Rooming House Renovation Program
Examples of accessibility modifications

Examples of acceptable accessibility modifications include, but are not limited to:

Ramps;
Handrails;
Chair and bath lifts;
Counter tops height adjustments;
Cues for doorbells and fire alarms.

Rooming House Renovation Program Scope of funding

The program provides funding in the form of forgivable loans to qualifying landlords:

Forgivable loans up to ten thousand dollars ($10,000) per rooming unit (room) up to a maximum of $100,000 per property;
Total loan is dependent on how many rental units are in the rooming house and the scope of repairs approved by the Housing Services Branch;
The loan will be totally forgiven if rent levels are maintained for the full 15 years as per CMHC Rental Market Report;
1/15 (6.67%) of the total loan will be forgiven each year;
Eligible landlords can only receive one loan per address under this program;
A second mortgage must be registered on the approved property.

Rooming House Renovation Program Duration of program

Housing Services will accept applications until all funds are spent, or until March 31st, 2018, whichever comes first.

Ottawa-Ontario Rooming House Renovation Program Timelines

Once Housing Services has received the application, the applicant will be contacted by a case coordinator from the Affordable Housing Unit. Applicants will also be notified if documents are missing. The full review of the application will include a visual property and building assessment and internal review by city staff. Please note that application review timelines may vary.

Ottawa-Ontario Rooming House Renovation Program Release of funds

Funding will be committed to an approved rental property owner upon signing a Funding Agreement document with Housing Services outlining the total amount funded and the terms and conditions attached to the use and release of funds.

Please note that any repairs and/or energy efficiency upgrades carried out before the loan is approved in writing are not eligible for the program and will not be reimbursed.

Ottawa-Ontario Rooming House Renovation Program Use of funds

Funds awarded can only be used for the purposes outlined in the Funding Agreement with the City of Ottawa’s Housing Services. If the cost of the necessary repairs and/or modifications is more than the maximum amount of the loan provided, you, as the property owner, must cover the additional cost.

Ottawa-Ontario Rooming House Renovation Program Reporting and follow-up

Housing Services will follow up with you on an annual basis for your rent roll to ensure the units within the property remain affordable. If you sell, transfer title or increase the rent beyond the 60% of AMR (updated yearly – CMHC Rental Market Report) within 15 years of receiving a forgivable loan, you will be required to pay all or a portion of the loan back to the City.

How to apply for funding

Print and complete this application form PDF opens in a new tab or window [PDF – 162KB] and provide all necessary documents
Print this checklist PDF opens in a new tab or window
Contact the program at the phone number or email address below to request an application package be mailed to you

All applications with necessary documents must be mailed or delivered to:

City of OttawaHousing Services
Ontario Renovates Program
100 Constellation Drive, 8thFloor West
Ottawa, ON, K2G 6J8

Rooming House Renovation Program Inquiries

For more information about the Ontario Renovates program,
please call our information line at
613-580-2424 ext 12300 or
email Ontariorenovates@ottawa.ca

DISCLAIMER

We believe the information contained in this
article to be accurate.It is presented with the
understanding that we are not engaged in
rendering legal,accounting, or investment advice.
When professional assistance is required,
utilize the services of a licensed real estate
broker, lawyer, accountant,
or other consultant as may be required.

Ottawa-Ontario Rooming House Renovation Program
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