Real Estate

Mortgages & the Real Estate Market for Ottawa, Ontario

Canada’s capital, and one of the country’s oldest cities, Ottawa Ontario has it all: history, culture, and a hot housing market. As of December 2015, the city of Ottawa reported an estimated population of 960,754, and the city was the fourth-largest in Canada.

Ottawa is home to several industries, including government (the federal government buildings are located in the city’s downtown core), and technology. Ottawa has been dubbed the most educated city in Canada, and has the highest standard of living, coupled with one of the lowest levels of unemployment. As a result of all of this, Ottawa was ranked second out of 150 cities worldwide by the Numbeo quality of life index in 2014-2015, and has also been dubbed by Mercer the large city with the third highest quality of living in the Americas, and the 16th highest in the world.

Ottawa’s population growth has resulted in the building of several suburbs that are still considered part of Ottawa proper, such as Nepean, Gloucester, Kanata, Orleans and Nepean, to name a few. Most of these suburbs are accessible through Ottawa’s transit system, which consist of both lightrail and a bus system (which has its own dedicated bus lanes, or roads wherein buses have the right of way).

Ottawa is a cultural centre, home to the National Gallery of Canada, and a number of museums including the Canadian War Museum, and the Museum of Natural History. Finally, it is home to the Rideau Canal, which is the oldest continuously operated canal system in North America, and was named a World Heritage Site by UNESCO in 2007.

Ottawa is also home to one of Canada’s most prominent addresses: 24 Sussex Drive: the residence of the Prime Minister of Canada. The average price of a house in Ottawa of a residential property in April 2016 was $403,603, and the average price for a condo was $265,726. Whether you are looking for a condo in downtown Ottawa, or a house in the suburbs of the city, one thing remains true: a mortgage broker will get you the best possible rate and terms on the mortgage for your home in Ottawa.

Home Equity Loans

Second Mortgages & Home Equity Loans for Ottawa Homeowners

Whether you are looking for a second mortgage, or a home equity loan on your home in Ottawa, your first call should be to Matrix Mortgage. In Ontario, our brokers can get you as much as 95% of the equity you have in your home in the form of either a second mortgage (which you would pay as a recurrent bill, on either a weekly, bi-weekly or monthly basis), or a home equity loan (which is much like a line of credit: meaning you can draw from it when you need to, and need only pay back a minimum monthly payment over time). Whatever time of loan you are looking for, the brokers at Matrix Mortgage can get you approved in mere minutes.

Home Buyers

Mortgages for First Time Home Buyers in Ottawa

As a first time home buyer, you may not even know where to start when looking for a mortgage: this is a whole new experience, and it can be a confusing one. The brokers at Matrix Mortgage specialize in working with first time home buyers. They will walk you through the entire process of obtaining your first mortgage, and help you to feel as comfortable and confident as they can: all while ensuring you get a great rate!

Whether you are buying your first, or your hundred and first home in Ottawa, getting a first or second mortgage, the team at Matrix Mortgage should be your first call.

Canada-Flag-icon 100% Canadian. Top 75 Broker in Canada.Approved in 10 Minutes. Funds in 2 Business Days.

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable financing options allow you to access up to 95% of the equity in your home to meet your financial needs. Many of our customers use this LOW INTEREST RATE solution to consolidate high credit card and/or house hold debt, while others use this product to renovate their home or buy an investment property.

Mortgage Renewal


Mortgage Renewal

When the term on your mortgage expires it is time to renew your mortgageAt this time you will

Apply Now

Second Mortgage


Second Mortgage

At Matrix Mortgage Global we understand that there are situations when you will need a second

Apply Now

Refinance Mortgage


Refinance Mortgage

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable

Apply Now

First Time Home Buyer Mortgage


First Time Home Buyer Mortgage

First Time Home Buyer Mortgage

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable

Apply Now

Self Employed Mortgage


Self Employed Mortgage

Today more and more Canadians are opting to work for themselves or go on contract with their

Apply Now

Bad Credit Mortgage


Bad Credit Mortgage

Like most of us, you probably have a car payment, some credit cards, retails cards, and

Apply Now

Home Equity Loans


Home Equity Loans

Home Equity Loans

Because a home is often our most valuable asset, many homeowners use a Home Equity Line Of

Apply Now

Commercial Mortgage


Commercial Mortgage

Matrix Mortgage Global is committed to helping you meet your commercial financing needs.We

Apply Now

Debt Consolidation


Debt Consolidation

Meet John and Judy Brown, They are home owners. John was laid off last year and as a result

Apply Now

Bridge Loans


Bridge Loans

Bridge Loans

Have you bought a new home and want to move in, but your old home has not closed yet?

Apply Now

Consumer Proposal Payout


Consumer Proposal Payout

Consumer Proposal Payout

If you are in a consumer proposal or on the verge of filing you must watch this video.

Apply Now

Home Improvement Mortgage


Home Improvement Mortgage

Home Improvement Mortgage

Matrix Mortgage Global‘s improvement mortgage is available exclusively for our clients

Apply Now

New To Canada Mortgage


New To Canada Mortgage

New To Canada Mortgage

Matrix Mortgage Global wants to thank you for choosing Canada, now let us help you

Apply Now

Spousal Buyout Mortgage


Spousal Buyout Mortgage

Spousal Buyout Mortgage

Divorce is never easy, Lawyers, Court, Litigation, Emotions, Dividing Assets, Separation

Apply Now

Stop Power Of Sale


Stop Power Of Sale

Stop Power Of Sale

Are you behind on your mortgage and your bank is currently about to take legal action?

Apply Now

Current Mortgage
Home Worth $300,000
Current Interest Rate 5.0%
Current Payment $1,500
Car Payment @ 10% interest
Credit Card @ 17% interest
Store Cards @ 28% interest
$200,000 Mortgage $1,500/month
$25,000 Loan Payment $500/month
$25,000 Credit Cards $750/month
TOTAL $2,750/month
Refinance Mortgage
Home Worth $300,000
Current Interest Rate 2.30%
Current Payment $1,020
Car Payment @ 10% interest
Credit Card @ 17% interest
Store Cards @ 28% interest
$200,000 Mortgage
$1,020/month
$25,000 Loan Payment Paid
TOTAL ar$1,020/month
You Save $1,730/month!!!
Call 24/7 at 1-800-429-0717
 

First Mortgage Rates as Low as 2.25% / Second Mortgage Rates as Low as 6.99%

Matrix is Top 75 Brokerage in Canada

Matrix Mortgage Global is a busy and cutting edge mortgage brokerage in Toronto, Ontario catering to homeowners and first time buyers. We have an experienced team of mortgage agents and brokers with backgrounds in financial planning, insurance, real estate and business. We have a reputation in the Mortgage industry for working with our credit challenged clients to consolidate debt, save them from foreclosures and assisting in rebuilding their credit ratings.

CMP CMA

Client Success Stories

Our Associations

divider

As Seen On

divider
  • Google
  • Youtube
  • CP24
  • Bloomberg
  • Money saver
© Copyright 2015 | Matrix Mortgage Global Brokerage Lic# 11108 | 100 Consilium Pl. Suite 200 Toronto On M1H 3E3