Old Ottawa East real estate market report

Real Estate Stats & Sold House Prices in Old Ottawa East

Statistics for the last 90 Days ending April 28, 2024 in Old Ottawa East

There were 27 homes sold in Old Ottawa East in the last 3 months, with an average price of $934,763, that's an increase of 9.5% over the same period last year, this includes all house types.

Related Pages: Old Ottawa East homes for sale

Statistics for 2023 in Old Ottawa East

There were 76 homes sold in Old Ottawa East in 2023, with an average price of $939,692, that's a decrease of 0.4% over the previous year, this includes all house types.

What is the average price for a home in Old Ottawa East, by type of property in 2023?

  • Single Family House average price was $1,130,123
  • Bungalow average price was $862,475
  • Townhouse average price was $945,313
  • Condo average price was $784,848

Old Ottawa East Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 56 $205,968 -6.5%
2001 42 $234,029 13.6%
2002 53 $260,825 11.4%
2003 40 $307,715 17.9%
2004 49 $325,592 5.8%
2005 42 $334,661 2.7%
2006 45 $364,929 3.6%
2007 55 $432,132 24.5%
2008 37 $432,030 -0.02%
2009 39 $453,283 4.9%
2010 40 $502,773 10.9%
2011 42 $509,037 1.2%
2012 51 $514,663 1.1%
2013 34 $497,859 -3.2%
2014 41 $544,926 9.4%
2015 48 $493,464 -9.4%
2016 33 $583,800 18.3%
2017 39 $699,928 19.8%
2018 30 $496,313 -19.2%
2019 112 $720,602 45%
2020 97 $765,885 6%
2021 108 $950,707 24%
2022 96 $943,807 -0.4%
2023 76 $939,692 -0.4%

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About Old Ottawa East

Old Ottawa East (Vieil Ottawa Est in French) is located in central Ottawa, south of Nicholas Street, Avenue Road to the south and between the Rideau Canal and the Rideau River. It includes the area around Lees Avenue, the Flora Footbridge which opened to pedestrians in 2019 and connect to The Glebe community. 

Right through the centre runs Main Street which has undergone a much-needed overhaul to allow wider walking paths, bicycle lanes and a more appealing area for residents and those attending Saint Paul University. Federated with the University of Ottawa since 1965, Saint Paul is a bilingual Catholic Pontifical university offering instruction in both official languages. 

The extensive underground and road construction work will continue along Main Street is expected to continue on to 2024, pending budget approvals.

The centre of the neighbourhood, originally the suburban community of Archville was incorporated as the village of Old Ottawa East in 1888 and is now home to Greystone Village, currently under construction y eQ Homes and The Regional Group with condo, townhouses and single family homes.

A neighbourhood known for its green space and properties near the Rideau River is home to approximately 7,000 residents. With access to Highway 417 and OC Transpo's Lees O-Train Station, residents are able to travel to different parts of the city with ease.

Old Ottawa East has elementary schools, a Catholic junior high and high school. Homes in close proximity to the Rideau River can be subject to flooding. Anyone can go to the City of Ottawa website and look on a “geomap” to see which homes and streets are on the flood plain.

Old Ottawa East is home to many independently owned businesses, including The Green Door, a popular vegetarian restaurant. Access to shopping in the Glebe is just a few minutes away across the Pretoria Bridge on Hawthorne Avenue or to the nightlife on Elgin Street.