With my move to Ottawa, I have joined the wonderful world of home ownership. I have purchased a condominium in downtown Ottawa. Westboro/Wellington Village to be precise. It is a great 20-minute (or less) commute to either office (one on the south end of the city by the airport, one to the north across the river in Quebec).
The unit itself is almost twice the size of my apartment in Bellevue. And many wonderful features coupled with great build quality. And it cost probably 1/3 to 1/4 of what it would have cost in Seattle for a comparable location. Though, the traffic will hopefully never be comparable to Seattle.
This will be a big change for me – as it requires considerably more consideration, care, and feeding than an apartment. But it’s high time from a investment perspective. And I have no doubt it will be the source of many interesting blog posts.