Compare house prices and how they've changed in Ottawa's Central Neighbourhoods

These stats are for the last 6 months ending January 20, 2022 compared to the same period in 2021. Find out which area had the most sales, where the highest priced sales were and which one had the highest increase in price.

• Most Sales: Centretown saw 229 homes sell
• Highest Average Selling Price: The Glebe at $1,129,689
• Largest Price Increase: Old Ottawa East house prices are up 24%
• Fastest Sales: Golden Triangle homes sold in an average of just 11 days

Notable Numbers for Central Neighbourhoods

What was the average price was for a house in each neighbourhood of Ottawa, Ontario for 2021?

The table below gives you the 2021 price for all neighbourhoods.  If you want to see the history of prices for any area, check out more detailed Neighbourhood Market Reports

New listing in the Centretown/Golden Triangle neighbourhood in Ottawa, right near downtown.

Price is $950,000, offers reviewed Jan. 17th at 1:00 pm.

437 Elgin Street, Ottawa, ON K2P 1N5, is a 3-storey end-unit townhouse triplex. Just a short distance from the canal, across from a park and the Museum of Nature, it's located at the south end of Elgin Street, between Argyle and Park Avenues. Completely renovated in the ‘80s, it has modern plumbing, electrical, insulation and finishes beneath its period exterior.

Apartment #1 is  2 Bedrooms and 1.5 bathrooms on 2 floors newly renovated in 2021.

This is a non-statistical movie about the multi-family market and what went on in 2021 from a REALTOR’s perspective.

2022 is seeing a provincially regulated rental increase of 1.2%. In 2021, it was 0%. Inflation is running at 5%, so how is this fair? Where is the profit opportunity for an investor landlord?

In 2021, I personally helped investors buy and sell their income properties and I submitted many, many more offers than were actually successful. There were a lot of failed offers in 2021.

What will happen with the real estate market in 2022?

It was Yogi Berra who said, “I don’t like to make predictions, especially about the future”. This will be the theme of this year’s real estate market predictions movie. Nobody really knows where this current market will end up with the current COVID situation. Will Omicron be the last gasp of the virus as it fades?

In this movie about predicting where the real estate market will head in 2022, we show you the inner workings as well as the algorythms we used to know for sure where the market will take us this year.

Financial breakdown on the sale of this Centrally located fourplex, sold in December 2021.

This 4 unit building was listed for $1,475,000 and it sold for $1,400,000. It was fire retrofit and had a Cap Rate of 3.8%.

Main Financial Numbers from this sale

This report covers the real estate predictions as well as the mortgage predictions

Market predictions for the Ottawa Market 2022 and into 2023

Patrick Walchuk gives you the predictions of where the Ottawa Market will go, as well as some information about the rental market, immigration and employment in the area. Sales are expected to slow in 2022, before picking up again in 2023. 

We expect house prices to increase in 2022 and 2023, but these increases will be more modest than we've seen in recent years.

Financial information from the sale of this 6 unit building that sold in November 2021

This property was located in the Carlington neighbourhood in the west end of Ottawa.

This building was fire retrofit and had four 2 bedroom apartments and two one bedroom apartments. This was a purpose built multifamily building with a recent new roof and recently fire retrofit too.

The property was listed for $1,800,000 and sold for $1,620,000.

​Compare house prices and how they've changed in Ottawa's Far West and Nepean Neighbourhoods

These stats are for the last 6 months ending November 24, 2021 compared to the same period in 2020. Find out which area had the most sales, where the highest priced sales were and which one had the highest increase in price.

• Most Sales: Bells Corners and area had 106 homes sell
• Highest Average Selling Price: Whitehaven area, at $1,443,633
• Largest Price Increase: Trend Village saw an increase of 59%
• Fastest Sales: Briargreen homes are selling in just 11 days ​

Notable Statistics for Far West Neighbourhoods

Compare house prices and how they've changed in Ottawa's West End Neighbourhoods

These stats are for the last 6 months ending November 23, 2021 compared to the same period in 2020. Find out which area had the most sales, where the highest priced sales were and which one had the highest increase in price.

• Most Sales: Parkwood Hills and area had 96 homes sell
• Highest Average Selling Price: Highland Park, McKellar Park, Laurentianview at $1,187,811
• Largest Price Increase: Carlingwood saw an increase of 30%
• Fastest Sales: Carlingwood and Carlington tie at just 11 days

Notable Statistics for West End Neighbourhoods