West Centretown Little Italy Chinatown Lebreton Flats real estate market report

Real Estate Stats & Sold House Prices in West Centretown, Little Italy, China Town and Lebreton Flats

Statistics for the last 90 Days ending February 21, 2024 in West Centretown

There were 10 homes sold in West Centretown in the last 3 months, with an average price of $610,680, that's a decrease of 13.5% over this same period last year, this includes all house types.

Statistics for 2023 in West Centretown

There were 48 homes sold in West Centretown in 2023, with an average price of $632,790, that's a decrease of 9.4% over the previous year, this includes all house types.

Related Page: West Centretown homes for sale

What is the average price for a home in West Centretown, by type of property in 2023?

  • Single Family House average price was $617,730
  • Townhouse average price was $723,383
  • Condo average price was $566,474

West Centretown historical home prices, with the percent change over the previous year

Year # Sales Average Price % Change
2000 121 $129,992 9.1%
2001 112 $146,814 12.9%
2002 123 $178,436 21.5%
2003 119 $207,174 16.1%
2004 114 $227,959 16.1%
2005 136 $247,945 8.7%
2006 111 $259,079 4.4%
2007 127 $274,519 5.9%
2008 114 $305,772 11.3%
2009 128 $321,760 5.2%
2010 123 $368,852 14.6%
2011 165 $400,530 8.5%
2012 131 $395,625 -1.2%
2013 136 $419,139 5.9%
2014 111 $440,647 5.1%
2015 119 $421,217 -4.4%
2016 132 $438,120 4.0%
2017 140 $459,895 4.9%
2018 122 $476,849 3.7%
2019 62 $539,292 13.2%
2020 177 $557,186 3.3%
2021 99 $623,764 11.9%
2022 83 $698,695 25.4%
2023 48 $632,790 -9.4%
2024      

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About West Centretown

Just west of downtown is West Centretown and its abutting neighbourhoods of Chinatown and Little Italy.  Bordered by Bronson Avenue to the west, Hintonburg to the east, Albert Street to the north and Carling Avenue to the south, 

This area has become more popular with new condo towers and lots of bars and restaurants opening up in and around Preston Street. Completed in 2019, The Claridge Icon on the corner of Carling Avenue at Preston Street, is Ottawa's tallest condominium tower topping out at 45 storeys.

Other Neighbourhoods in this area:

LeBreton Flats 

Is the area of land right on the river across from Gatineau. According to the Canada Green Building Council, the redevelopment of a sustainable community, called "Zibi" will be Canada's largest zero-carbon development. Dream LeBreton (built by Windmill Development and Dream Unlimited Corp) has won the contract to build on the LeBreton Flats library parcel, just west of downtown.

There will be 601 new rental housing units featuring accessibility and affordability.  The vision is one of pedestrian and cyclist-friendly grounds, with active parks, plazas, retail and access to two O-Train stations. Pending final federal and municipal approvals, Dream LeBreton building permits are expected at the end of 2023 with occupancy by early 2026.

Chinatown

Located along Somerset Street, west of Ottawa's downtown, it runs east to west from Bay Street to Preston Street.

After the First World War, Chinese immigrants set up their businesses along Somerset Street West and as time went on the neighbourhood has developed an official identity, and designated the Chinatown BIA. The beautiful and colourful Royal Arch was unveiled in 2010 to mark the impressive gateway to Chinatown at Somerset Street West near Bronson Avenue. $20,000 in repairs were done in 2017 to restore the arch to its original beauty.

For classic Chinese cuisine, residents can enjoy the traditional Yangtze Dining Lounge or Shanghai Restaurant open for 40 years with Asian dishes and drag queen karaoke on Saturday nights.

Little Italy

At the centre of the community is St. Anthony of Padua Church, along Preston Street, or as the locals would say "Corso Italia". As anyone would expect, you'll find a rich Italian heritage, however Indian, Greek, Asian and other ethnicities are nicely represented in the vast array of restaurants and eateries.

Notable stops

  • Absolute Comedy
  • Atelier
  • Bridgehead Roastery and Coffeehouse
  • Buchipop
  • Casa Nicastro
  • Evoo Greek Kitchen
  • Gelatini
  • Giovanni's
  • The Gladstone (Theatre)
  • Kiko Sushi
  • La Dolce Vita
  • La Roma
  • Marcello's Market
  • Morning Owl
  • Preston Hardware
  • Pub Italia
  • Sala San Marco
  • St. Anthony's Banquet Hall
  • The Foolish Chicken
  • The Moonroom
  • The Prescott
Italian Week, celebrated every June since 1975, is an important tradition for local Italians and visitors alike. It includes a vintage car parade, live music and a cycling race.
Continuing south of Preston, across Carling Avenue is Dow's Lake, with rentable boats, scenic parkland and restaurants to enjoy. This is a man-made lake on the world heritage Rideau Canal, 2 km north of Hog's Back Falls, right in the middle of Ottawa.