Where to buy real estate in Ottawa 2018
Top neighbourhoods in Ottawa are far from city centre
Top neighbourhoods in Ottawa are far from city centre
Compared to Toronto’s wild year of price swings, Ottawa’s real estate market was an oasis of calm in 2017.
That tends to be the case in Ottawa, where prices appreciate at a slower but steadier pace compared to houses in Toronto, just a few hours away. Ottawa-based RE/MAX realtor Laura Seanor said there’s a simple reason for that stability: “We have a very big employer.”
COMPARE MORTGAGE RATES: MoneySense Mortgage Rate Finder
Being a government town helps insulate Ottawa from the peaks and valleys experienced by real estate markets in some of Canada’s other major urban centres. But that doesn’t make it completely immune from the forces currently buffeting the industry. The city experienced a surge in sales activity near the end of the year, right before buyers had to start complying with stricter mortgage stress test rules.
Our top neighbourhood picks for Ottawa overall are all far from the city centre, with Seanor noticing her clients are becoming more willing to trade gruelling commutes for the space and peace of the countryside. If an hour and a half-long drive to work isn’t for you, we’ve also got some suggestions for places to buy closer to the core.
|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|
|1||North Glengarry, Lochiel Township||Alexandria||$267,250||65.79||75.32||★★★★★||94.70%||N/A||64.59%||30.37%||-1.02%||46.24%|
|2||Lanark Highlands, Lanark Township||Almonte, Lanark Highlands Township & Area||$267,437||75.97||69.90||★★★★½||80.99%||N/A||64.64%||0.25%||22.77%||28.24%|
|3||Fringewood||Stittsville, Munster, Richmond, Goulbourn Township||$303,075||78.77||88.97||★★★||69.70%||N/A||73.25%||24.27%||24.88%||39.49%|
|4||Finch||Winchester, Cornwall, Morrisburg & Area||$214,333||81.67||88.72||★★★||82.36%||N/A||51.80%||13.30%||52.37%||46.91%|
|5||Chesterville||Winchester, Cornwall, Morrisburg & Area||$219,955||79.52||76.50||★★★½||84.52%||N/A||53.16%||6.63%||36.44%||25.08%|
|6||Almonte||Almonte, Lanark Highlands Township & Area||$322,888||56.29||58.45||★★★★★||97.78%||N/A||78.04%||13.07%||5.16%||13.41%|
|7||Kemptville||Kemptville, Merrickville, Brockville & Area||$296,361||64.82||49.67||★★★★★||91.44%||N/A||71.63%||6.91%||5.72%||9.63%|
|8||Brockville||Kemptville, Merrickville, Brockville & Area||$254,618||80.16||60.72||★★★★||78.56%||N/A||61.54%||23.34%||-0.43%||16.61%|
|9||Vankleek Hill||Rockland, Russell, East Quebec Border||$235,833||80.18||71.99||★★★½||81.99%||N/A||57.00%||-0.69%||16.46%||47.40%|
|10||Merrickville, Wolford Township||Kemptville, Merrickville, Brockville & Area||$335,471||50.34||84.98||★★★★||103.51%||N/A||81.08%||9.68%||28.81%||46.20%|
|11||Prescott||Kemptville, Merrickville, Brockville & Area||$197,329||93.82||68.11||★★★||60.88%||N/A||47.69%||7.54%||4.65%||30.99%|
|13||North Stormont (Roxborough) Township||Winchester, Cornwall, Morrisburg & Area||$263,833||61.61||97.56||★★★||101.38%||N/A||63.77%||37.02%||71.78%||100.63%|
|14||North Glengarry, Kenyon Township||Alexandria||$254,600||71.99||31.48||★★★★★||90.21%||N/A||61.54%||-21.08%||40.90%||-12.91%|
|15||Elizabethtown-Kitley (Old Kitley) Township||Rideau Lakes Township, Westport & Area||$221,324||84.97||45.01||★★★★||77.59%||N/A||53.49%||7.82%||-7.12%||11.35%|
|17||South Dundas, Williamburg Township, Morewood||Winchester, Cornwall, Morrisburg & Area||$252,925||66.96||87.71||★★★||97.19%||N/A||61.13%||27.86%||18.80%||37.69%|
|18||Merrickville||Kemptville, Merrickville, Brockville & Area||$297,515||64.12||61.77||★★★★||91.79%||N/A||71.91%||12.93%||4.13%||17.54%|
|19||Constance Bay||Carp, Dunrobin, Huntley, Fitzroy & Area||$368,218||65.34||70.65||★★★½||77.01%||N/A||89.00%||0.29%||28.39%||27.50%|
|20||Elmvale Acres||Elmvale Acres & Area||$366,345||63.02||75.57||★★★½||80.54%||N/A||88.55%||18.49%||14.65%||21.03%|
|21||Champlain Township||Rockland, Russell, East Quebec Border||$284,508||60.76||75.30||★★★½||98.91%||N/A||68.77%||0.10%||17.57%||83.55%|
|22||The Nation Municipality, St-Isidore, St-Albert||Rockland, Russell, East Quebec Border||$269,241||65.96||76.43||★★★||93.61%||N/A||65.08%||11.34%||13.12%||26.47%|
|23||North Grenville Township, Kemptville East||Kemptville, Merrickville, Brockville & Area||$414,311||28.87||76.29||★★★★½||127.83%||N/A||100.14%||12.53%||16.77%||23.62%|
|24||Westport||Rideau Lakes Township, Westport & Area||$305,064||53.13||65.33||★★★★||106.94%||N/A||73.73%||1.86%||10.90%||25.93%|
|25||Lanark Highlands, Dalhousie Township||Almonte, Lanark Highlands Township & Area||$241,200||85.24||32.60||★★★★||73.05%||N/A||58.30%||5.82%||-20.90%||5.26%|
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.
|Core||Inner Suburbs||Outer Suburbs|
See today’s best mortgage rates: MoneySense Mortgage Rate Finder »
Look at how long you expect to live in...
It's important to make a plan for your new,...
Colleen wants to sell her trailer but is worried...
A cottage or other vacation property can provide a...
Canadian real estate sales defy the COVID-19 pandemic, Walmart...
Sponsored by Equitable Bank
Drawing on the equity in your home, a reverse...
You don’t have to be rich to give children...
Divorce is a time of emotional and financial turmoil,...
More than a decree, divorce is a process—and this...
Top pick Halfmoon Bay Secret Cove has a small-town...