Ottawa real estate: Where to buy in the city's core 2018 - MoneySense

Top neighbourhoods in Ottawa’s core 2018

Westboro is a hot Ottawa neighbourhood pick for real estate

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1. Carson Meadows

This neighbourhood just east of Vanier is not a realtor favourite, earning a score of just 5.4 out of 10. However, its affordability compared to its peers — including some of the most expensive real estate in the city in nearby Rockcliffe Park — pushed it to the top spot. Carson Meadows might be a good buy for someone who wants an affordable place with an easy commute and doesn’t mind older, higher-density housing.

2. Canadian Forces Base (CFB) Area

This neighbourhood near the former CFB Rockcliffe is booming with new development. The average housing price in 2017 was an affordable $395,000, but that may not be the case for long, with prices rising fast.

PHOTOS: Top 10 Ottawa neighbourhoods to buy in

3. Centretown

With its charming old houses and central location, Centretown is a perennial favourite. It’s often a starting point for newcomers to the city, Seanor said.

Realtor Pick: Westboro

RE/MAX realtor Laura Seanor described this west-end neighbourhood along the Ottawa river as “exclusive” — with prices to match. The area has seen rapid changes over the last two decades as trendy shops have opened up and middle class families have renovated the old housing stock.

Top 25 neighbourhoods

ClickTap column headings to re-rank neighbourhoods. ClickTap on any neighbourhood name to learn more about it. Search by neighbourhood or area to filter results.

Rank Neighbourhood Area Average home price (2017) Value Momentum Realtor Grade Average price vs. area Avg. price vs. metro district Avg. price vs. outer region 1-year price change 3-year price change 5-year price change
1Carson MeadowsOverbrook, Castle Heights & Area$383,89783.6775.77★★★N/AN/A67.73%10.76%35.85%24.85%
2Canadian Forces Base(C.F.B.), AreaManor Park, Cardinal Glen & Area$394,50077.5573.11★★★N/AN/A69.61%31.21%15.21%20.55%
3Centre TownCentretown$469,30359.1873.51★★★½N/AN/A82.80%27.17%37.37%16.48%
4West Centre TownHintonburg, West Centretown & Area$493,56453.0678.38★★★½N/AN/A87.08%10.99%29.75%25.99%
5Manor ParkManor Park, Cardinal Glen & Area$318,13591.8442.22★★★½N/AN/A56.13%13.80%-2.64%8.90%
6West Centre TownDows Lake, Civic Hospital & Area$427,61467.3548.96★★★★N/AN/A75.45%6.91%9.39%15.58%
7Dows LakeDows Lake, Civic Hospital & Area$689,95032.6581.51★★★★N/AN/A121.73%20.57%16.42%29.93%
8Ottawa EastGlebe, Ottawa East & Area$736,47618.3795.39★★★★N/AN/A129.94%23.30%44.99%47.07%
9Overbrook, Castle HeightsOverbrook, Castle Heights & Area$389,48079.5967.43★★½N/AN/A68.72%19.48%19.99%19.08%
10Ottawa EastGlebe, Ottawa East & Area$719,44326.5378.34★★★★N/AN/A126.94%24.95%17.12%25.22%
11Viscount, Alexander ParkManor Park, Cardinal Glen & Area$234,96697.9627.10★★★½N/AN/A41.46%12.67%-1.57%-5.78%
12West Centre TownHintonburg, West Centretown & Area$471,84857.1458.33★★★½N/AN/A83.25%5.52%9.83%22.07%
13Ottawa EastGlebe, Ottawa East & Area$613,80934.6971.53★★★★N/AN/A108.30%22.29%22.90%20.06%
14Ottawa WestOttawa West, Tunneys Pasture$509,42744.9067.05★★★★N/AN/A89.88%14.90%9.67%22.83%
15Old Ottawa SouthGlebe, Ottawa East & Area$713,42128.5763.90★★★★N/AN/A125.88%7.26%24.81%20.50%
16HintonburgHintonburg, West Centretown & Area$517,23242.8667.77★★★½N/AN/A91.26%0.66%12.27%35.74%
17Civic HospitalDows Lake, Civic Hospital & Area$734,85422.4573.77★★★★N/AN/A129.66%16.94%13.03%25.84%
18Ottawa EastGlebe, Ottawa East & Area$812,65510.2082.04★★★★N/AN/A143.38%15.11%21.85%31.29%
19Castle HeightsOverbrook, Castle Heights & Area$385,16681.6344.79★★½N/AN/A67.96%8.44%8.13%9.82%
20MechanicsvilleHintonburg, West Centretown & Area$322,43487.7612.37★★★½N/AN/A56.89%-6.33%-8.94%-4.25%
21Westboro - NorthWestboro, Hampton Park$760,16714.2973.81★★★★N/AN/A134.12%17.38%9.38%29.67%
22Centre TownCentretown$409,82771.4329.38★★★½N/AN/A72.31%0.29%0.23%2.97%
23Castle Heights, Rideau HighOverbrook, Castle Heights & Area$306,24393.8830.85★★★N/AN/A54.03%3.91%5.06%2.43%
24Lower TownLowertown & Sandyhill$400,44375.5126.19★★★½N/AN/A70.65%1.76%3.30%-2.03%
25GlebeGlebe, Ottawa East & Area$881,8018.1669.11★★★★½N/AN/A155.58%10.17%17.28%24.27%
Value
Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum
Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation
Realtor Grade
How realtors we surveyed rate this neighbourhood

For more, please see our complete methodology

These are our picks for the best neighbourhoods to buy real estate in Ottawa’s core, but if you’d rather live farther from the hustle and bustle of downtown, we have more suggestions. We ranked the best neighbourhoods in three regions — core, inner suburbs and outer. The core is the city’s urban centre, with accessible transit and easy access to amenities. The inner suburbs are for people who don’t mind trading a longer commute for better parking and a bigger lot size. And the outer region is for buyers who either don’t need to commute downtown at all, or are willing to log some serious travel time in exchange for affordable prices and wide open spaces. Check out the map below to see how the regions break down.

Regions map

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