We have just seen a +14% increase since 2023 lowest price. Single family Homes in Ottawa prices Feb 15 2024. Detached 3 bedrooms home just went up +14.6% from 2023 prices.
Ottawa Real Estate Prices for 2024: Prices are going up 1.6% on a year-over-year
The OREB MLS OF Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.
The overall benchmark price was $628,900 in November 2023, nearly unchanged, up only 1.4% from November 2022.
The benchmark price for single-family homes was $708,900, up 1.6% on a year-over-year.
By comparison, the benchmark price for a townhouse was $492,300, nearly unchanged, up 0.8% compared to a year earlier.
The benchmark apartment price was $424,300, up 1.2% from year-ago levels.
The average price of homes sold in November 2023 was $633,138, decreasing 0.8% from November 2022. The more comprehensive year-to-date average price was $669,536, a decline of 5.7% from 11 months of 2022.
The dollar value of all home sales in November 2023 was $458.4 million, down 2.4% from the same month in 2022.
OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.
LOW INVENTORY IN THE OTTAWA REAL ESATE MARKET JAN 2024
Still plague Market and causes prices to increase once again.
The average price of homes sold in
November 2023 was $633,138, decreasing
0.8% from November 2022.
OTTAWA, December 5, 2023 – The number of
homes sold through the MLS® System of the
Ottawa Real Estate Board totaled 724 units in
November 2023. This was a small reduction of
1.6% from November 2022.
Home sales were 31.8% below the five-year
average and 27.4% below the 10-year average
for the month of November.
On a year-to-date basis, home sales totaled
11,421 units after 11 months of the year. This
was a large decline of 11.7% from the same
period in 2022.
“Sales are performing as expected with the
arrival of colder months, and an uptick in new
and active listings is bringing more choice back
into the market,” says OREB President Ken
Dekker. “While more choice may mean the pace
of buying and selling has slowed, that doesn’t
mean people looking to enter or upgrade in the
market should sit back. Prospective buyers or
those looking to upgrade have an opportunity
to collaborate with their REALTOR® to carefully
explore the market, identify the ideal property,
and negotiate an attractive deal at their
own pace. Sellers will have to manage their
expectations regarding the quantity of offers and
speed of transactions, and their REALTOR® is
the best resource to help them confidently price
and prepare their home for a quality sale.”
By the Numbers – Prices:
The MLS® Home Price Index (HPI) tracks price
trends far more accurately than is possible
using average or median price measures.
•
The overall MLS® HPI composite
benchmark price was $628,900 in
November 2023, a modest gain of 1.4%
from November 2022.
o The benchmark price for single-family
homes was $708,900, up 1.6% on a
year-over-year basis in November.
o By comparison, the benchmark price for
a townhouse/row unit was $492,300,
nearly unchanged, up 0.8% compared
to a year earlier.
o The benchmark apartment price was
$424,300, up 1.2% from year-ago
levels.
•
The average price of homes sold in
November 2023 was $633,138, decreasing
0.8% from November 2022. The more
comprehensive year-to-date average price
was $669,536, a decline of 5.7% from 11
months of 2022.
•
The dollar value of all home sales in
November 2023 was $458.4 million, down
2.4% from the same month in 2022.
OREB cautions that the average sale price
can be useful in establishing trends over
time but should not be used as an indicator
that specific properties have increased or
decreased in value. The calculation of the
average sale price is based on the total dollar
volume of all properties sold. Price will vary from
neighbourhood to neighbourhood.
By the Numbers – Inventory & New Listings
•
The number of new listings saw a minor
increase of 2.7% from November 2022.
There were 1,428 new residential listings
in November 2023. New listings were 8.4%
above the five-year average and 10.4%
above the 10-year average for the month
of November.
•
Active residential listings numbered
2,752 units on the market at the end of
November, a sizable gain of 15.8% from
the end of November 2022. Active listings
haven’t been this high in the month of
November in more than five years.
•
Active listings were 53.9% above the five-
year average and 6.7% below the 10-year
average for the month of November.
•
Months of inventory numbered 3.8 at the
end of November 2023, up from the 3.2
months recorded at the end of November
2022 and above the long-run average
of 3.3 months for this time of year. The
number of months of inventory is the
number of months it would take to sell
current inventories at the current rate of
sales activity.
Sources : OREB -CREA
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The average sale price for a freehold-class property in August 2023 was $709,739
Ottawa Resale Market Stalls in August, Supply Challenges Persist!
Low inventory, not enough listings.
Source: OREB
The Ottawa Real Estate Board reported that its members sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System data service, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from August 2022. The five-year average for total unit sales in August is 1,525.
Call today for free one-on-one market update on Buying or Selling a home.
“Ottawa Sales activity was up marginally on a year-over-year basis in August but remained well below the historical average for this time of year,” says Ken Dekker, OREB President. “There is no shortage of demand given increased immigration and the large Canadian population cohort entering the market. The lack of suitable, affordable housing is a hindrance. High borrowing costs and economic uncertainty are impacting both sellers and buyers, which we expect will continue to result in further market fluctuations.”
Ottawa Real Estate Average Prices*:
The average sale price for a freehold-class property in August was $709,739, an increase of 0.5% from 2022, and a 5.6% decrease over July 2023 prices.
The average sale price for a condominium-class property was $425,968 an increase of 1% from a year ago, although 1.4% lower than July 2023 prices.
With year-to-date average sale prices at $732,220 for freeholds and $432,571 for condos, these values represent an 8% decrease over 2022 for freehold-class properties and a 5.5% decrease for condominium-class properties.
Thank you for your trust!
Selling and Buying a home made easy!
Price changes: September 2023 report
Number of Sold properties by week. vs other years 2023 report
NUMBER OF HOME FOR SALE ARE LOWER THAN OTHER YEARS
AVERAGE SALE Price Changes: SEPT 2023 report
IT LOOKS LIKE 2022 AND 2023 HAVE THE SAME AVERAGE SALE PRICE
RESIDENTIAL Price Changes: September 2023 report
LOW NUMBER OF LISTINGS, LOW SALE VOLUME 2023
NEW LISTINGS are down this week – this means low inventory : SEPT 2023 report
IT LOOKS LIKE WE ARE STILL LOW ON LISTINGS
PRICES ARE MORE AFFORDABLE NOW AND MAY MOVING BACK UP IF INVENTORY STAYS LOW, ACCORDING TO THE OTTAWA REAL ESTATE BOARD, SEPT 2023 REPORT.
Located in Merrickville Estates this exceptional bungalow has a finished walkout basement and sits on a 2.2 acre treed lot. The property has low maintenance landscaping including an interlock entrance walkway and perennial gardens. On the main floor you will find a bright layout with 3 bedrooms, a large dining area and living room along with a large entrance foyer. The kitchen and eating area lead to a rear deck overlooking the private backyard. The primary bedroom includes a walk-in closet and ensuite bath. A large mudroom area includes access to a partial bath, laundry facilities and two car garage. The lower level includes two more large bedrooms along with room for an office area and a large storage area. The basement has roughed in plumbing for an additional bathroom. Merrickville Estates offers fully paved and well-maintained roads, excellent cellular reception, along with natural gas, underground electrical and Bell Fibe services. Check out the photos and video tour. (id:35885)
Originally built in 1912 as a schoolhouse, "Les Lofts Du Montfort" later served as a police station and Vanier's City Hall before being transformed into stylish lofts in 1998. Walk inside, the 1 bed, 2 bath, 2 storey corner condo unit and you are immediately impressed with its original 13' tin ceilings, interior brick wall and large windows, filling the space with natural light. The open concept kitchen, living and dining room on the main floor, as well as one of two balconies and powder room offers easy living. On the second floor you are greeted with the second balcony and then a massive primary suite with ample closet space, as well as a full bathroom. With added bonuses such as storage locker, a bike room, private parking, and an outdoor pergola, this condo provides both comfort and convenience. This condo in vibrant Vanier offers the best of both worlds: a trendy urban lifestyle with historic charm and easy access to amenities and downtown. 24 hours irrevocable on all offers. (id:35885)
Discover the allure of this meticulously renovated townhome, perfectly positioned alongside Mooney's Bay. Step inside to find a newly updated kitchen boasting quartz countertops, stainless steel appliances, and abundant storage. The main level dazzles with sun-filled living and dining areas, enhanced by new flooring throughout the ain floor, and seamless access to a private deck overlooking the tranquil waters. Upstairs, two spacious bedrooms complement a generous primary suite, ensuring comfort and privacy. A walkout basement leads to a serene patio, ideal for outdoor gatherings. Recent updates include new windows (2016), upgraded AC/furnace (2017), and the fence and driveway (2021), ensuring modern comfort and style. This move-in-ready gem offers exclusive access to an outdoor pool with breathtaking water views, creating a resort-like atmosphere right at home. Enjoy leisurely strolls to nearby parks, Mooney's Bay Beach. Don't miss this rare opportunity to own this home! (id:35885)
Welcome to 12+ acres of pasture, forest & peace. This true, 4 bedroom, 3000sq ft (apx) home features an inviting veranda (21.8'X 6.7'), hardwood floors throughout the main & second levels, a centre hall floor plan, spacious foyer, main floor family room with a wood burning airtight fireplace, formal living & dining rooms and an eat-in kitchen. It also has a practical main floor laundry rm which is combined with the mudroom and connects to the oversized double garage. The second floor boasts 4 good size bedrooms, a den and a balcony overlooking the front yard. The basement is unfinished and awaits your touch. 2 sheds & Generac included. This home does need some TLC. 24 Hours Irrevocable on all Offers. (id:35885)
Old Carp meets new Carp in this fully renovated modern, 2 bedroom apartment set on the 2nd floor of a landmark Carp building. The spacious floor plan will suit your lifestyle. All new flooring throughout. Freshly painted. A full wall of windows in the great room allows for plenty of natural light. Beautiful new kitchen and appliances. The oversized island is the perfect spot for a casual meal, friendly conversation, or homework time. Plenty of well-planned cabinet space and counter work area. Two generous-sized bedrooms. The full bath is completely new and awaits your enjoyment. In-suite laundry is a bonus. Private, large deck. Walk to all of Carp's amenities while being 10 minutes to Kanata. (id:35885)
Discover this wonderfully maintained family home on a quiet crescent in the highly sought-after Convent Glen community. Enjoy the convenience of walking to the Ottawa River, mall, and local schools. Step inside to a well-designed layout where functionality meets comfort. Beautifully renovated two-tone kitchen boasts gleaming granite countertops and ample cabinetry, opening to a cozy eating area with a bay window. The formal dining room features sliding patio doors to a fully screened-in porch, perfect for seasonal entertaining. Vaulted ceiling, abundant natural light and brick fireplace in the living room create an inviting ambiance. Upstairs, you’ll find 3 spacious bedrooms & renovated full bath. Lower-level den/flex room offers versatility to suit your needs while the unfinished basement awaits your personal touch. The fully fenced backyard features an interlock patio, privacy screens and lush greenery. This fantastic location offers the ideal blend of convenience and tranquility. (id:35885)
Open House 2PM-4PM on Sun. July 7. Welcome home to Kemptville! Discover the charm of this turnkey 2-storey condo featuring stunning hardwood floors throughout the main level. The main floor boasts a spacious living area that seamlessly flows into the dining room and a Tuscan style open concept kitchen, perfect for entertaining with its stainless steel appliances. At the opposite end, a light-filled den offers an ideal home office space. Exclusive to this unit only, cozy up by the fireplace on chilly evenings. The main floor also includes a convenient powder room. Enjoy complete privacy with two balconies overlooking a serene forest. The upper level features two generously sized bedrooms, in-unit laundry, and a 3-piece main bathroom. A bonus storage area on this level adds to the condo’s appeal. This beautiful home combines comfort and elegance in a picturesque setting. Just steps away from the Kemptville Hospital, Downtown Kemptville, restaurants, grocery stores, schools and much more. (id:35885)
Updated 3 bedroom 2 bath townhome in a quiet neighbourhood. This 2-storey has a well designed floor plan with a spacious main level! Boasting a renovated kitchen with quartz counters, trendy backsplash tile and stainless steel appliances. Living and dinning room are carpet free and have large windows, letting in an abundance of natural light. The second floor is also carpet free offering 3 good size bedrooms and an updated full bathroom. Head downstairs to a huge rec space with pot lights, upgraded carpet and a 2-piece bathroom. Step outside to the backyard and discover a private yard, perfect space to relax OR enjoy the luxury of an outdoor pool nestled within a picturesque, park-like setting- few steps from the front door! This property is minutes from the O-train and the South Keys shopping center. Parking is conveniently located just steps from the entrance. (id:35885)
Calling all investors! This property zoned R4 is a fantastic opportunity for your next infill development project. Imagine the potential to build a multi unit building close to key amenities and services. Situated near amenities such as the St. Laurent Shopping Center, Downtown Ottawa, Montfort Hospital, Beechwood Village, Rideau River, University of Ottawa, La Cité College, and various grocery stores, this property offers unmatched convenience. Enjoy the vibrant lifestyle with just a short walk to the Beechwood area, where parks, restaurants, shops, and transit are easily accessible. The possibilities are endless with this prime piece of real estate, but please note, it is being sold in 'as is' condition. Don’t miss out on this great investment opportunity! (id:35885)
Exceptional investment opportunity in Glen Cairn with a cap rate of 5% or higher! A recently updated sprawling bungalow boasts 6 bedrooms and 3 full bathrooms, divided into 2 legal separate dwelling units. The property offers a unique investment proposition with its versatile layout, making it ideal for rental income or extended family living. The modern upgrades enhance the property's appeal, ensuring a comfortable and attractive living space. The large fenced backyard adds to the property's allure, providing outdoor space for relaxation and entertainment. Located in the desirable Glen Cairn neighbourhood, this investment promises not only a high-quality living experience but also the potential for significant returns. Don't miss out on this chance to secure a prime investment in a sought-after area. (id:35885)
This stunning, bright, well-maintained 3 bedrms plus loft, 3 bathrms end unit townhome backing on single homes is ideal for first-time buyers, professionals working from home and investors. The main floor features a foyer with a closet & a powder room leading into separate living and dining rooms, a functional kitchen overlooking the eat-in area with patio doors providing access to peaceful backyard for family entertainment. Second floor boasts a generous size master bedroom with a walk-in closet, a 4-piece En-suite with a separate shower and soaker tub. Two good-sized bedrooms and a full bathroom, and a good-sized loft which can be converted to 4th bedroom perfect for working from home. The finished basement consists of a large family room with a cozy gas fireplace, laundry rm, storage rm & 3 pcs future bathroom roughed in. Offer presentation 5pm on July/11 but seller reserves the right to review or accept any preemptive offer as per form 244. 24 hrs notice require for showing. (id:35885)
Welcome to 1400 Wildberry unit #15 – a charming lower end unit condo nestled in the tranquil woods of Chapel Hill North. This home boasts 2 bedrooms and 1 bathroom, offering a perfect retreat for those seeking both comfort and convenience. Step inside to discover a beautifully updated interior featuring a freshly renovated and modernized kitchen with new tile flooring, lighting fixtures, countertops, and stove, providing a delightful space for culinary endeavors. Gleaming hardwood floors and an updated gas fireplace grace the dining and living areas, adding a touch of elegance and coziness to the space. Ample storage solutions ensure clutter-free living, while the entire home has been freshly painted in 2024. Enjoy its private patio ; with no rear neighbors, tranquility and privacy are guaranteed, making this property a true retreat from the hustle and bustle of city life (id:35885)
Welcome to 158 Aubrais Crescent! This elegant 4-bedroom, 2.5-bathroom abode, ideally situated in Chapel Hill South, features a two-car garage for your convenience. The main level invites you with gleaming hardwood floors and an open-concept layout, highlighting a beautiful kitchen featuring a wrap-around counter that seamlessly transitions into the expansive living area, offering access to the backyard. A separate dining area graces the main floor. Moving to the second level with 9ft ceiling, discover a laundry area, 2 full bathrooms, and 4 generously sized bedrooms, including the master suite boasting a spacious walk-in closet and ensuite. The fully finished basement offers a recreational space with rough in for a bathroom. The backyard is enclosed with a full fence, providing additional privacy. (id:35885)
This HOME WITH AN ELEVATOR is located in the sought-after Wellington West. This link single is approx. 2,942 sq.ft. plus a finished basement with radiant heated floors, an elevator to all 4 levels, and a heated laneway will surely impress even the most discriminating buyer. This gem features custom design and quality materials. When you enter you are greeted by an oversized foyer and a main-floor office. The living area gives you a custom-designed kitchen and a large entertaining-style living room and dining room. The primary bedroom features a gorgeous ensuite and an open-concept walk-in closet. The remaining space of this floor also has 2 other bedrooms, a main bathroom, and a laundry room. The lower level has a nanny or in-law suite. This could be your forever home and must be seen to be fully appreciated. Live close to all the amenities of Wellington West, Westboro, two blocks away from Elmdale Elementary Public School and within walking distance of the Civic Hospital. (id:35885)
Embrace downtown living with this fantastic opportunity! This spacious 1 bedroom, 1.5 bathroom condo boasts an open concept kitchen with a breakfast bar and a living area perfect for entertaining. The primary bedroom features a private balcony and an ensuite bathroom with his & her sinks, ideal for couples. 1 underground parking space included. Enjoy Ottawa's vibrant lifestyle with cultural attractions, the Rideau Centre, the University of Ottawa, Byward Market, and top-rated restaurants all within walking distance. Don't miss out on experiencing the best of urban living in this beautiful condo! (id:35885)
Two detached homes, one lot. This is a first time home owners perfect scenario, rent one out to cover some expenses and live in the other. Then once you build your bank account you can buy your forever home, rent the second home out for 2 sources of income and you are set for life. Or for the investors you can have 2 rental units. Or maybe you want to keep a family member close but independent. 304 Perry St has been renovated with paint and flooring, and both homes have had shingles replaced in 2016 and garage doors in 2024. Both homes have a single garage, 2 BR's,1 Bath and a deck. HWT rental: Shanly @ $48.08/month, Perry @ $22.48/month. Pictures of 191 Shanly interior were taken before tenant moved in. Walk to the St. Lawrence River or the indoor walking track at the new arena. This property is minutes from Hwy 401, Hwy 416 and the bridge to USA. Minimum 24 hour irrevocable on offers. (id:35885)
Outstanding south facing, sunfilled 3-storey condo end unit townhouse. Main floor with 2pc bathroom, laundry and office space. Open concept living room and dining room with hardwood floors and gas fireplace. Updated kitchen with shaker cabinetry, white appliances plus an eating area. South facing rear yard, completely child and pet friendly, backing onto green space. Third level features a very well sized primary bedroom with 2pc ensuite, 2 additional good sized bedrooms and updated, rejuvenated 4pc bathroom. Move in ready. Green space to the front of the house, green space to the right and backing onto common area green space. Amazing green space location! 24 hour irrevocable. (id:35885)
COZY 2 bedroom 3 bathroom stacked townhome with no front neighbours! Across from a school & a park, this home is well maintained by its original owner. Located in a vibrant, walkable community across from Strandherd Crossing Shopping Plaza complete with restaurants, shops, banks, and a gym. The main floor features an open concept living and dining space, a bright & airy kitchen boasting stainless steel appliances, classic white cabinets with subway tiles. The lower level includes 2 bedrooms each with ensuite baths. Covered deck & yard space, with dedicated parking spot. New laminate flooring, low maintenance and low condo fee. A perfect HOME for first-time buyers, investors, or downsizers! No conveyance of any written signed offers prior to 6 pm July 10th, 2024 (id:35885)
Stunning detached home in Centrepointe, where modern elegance meets practical comfort. Featuring hardwood floors on Main & 2nd levels, this home offers a seamless blend of style & functionality. Cathedral Ceilings & Large Windows in Living RM fill the space w/Natural Light throughout the year, while a wood fireplace adds warmth & charm. The kitchen is a chef's delight w/SS Appliances, Granite Countertops & Abundant Cabinet Space. Upstairs, the Primary Bedrm boasts a 2pc Ensuite & Walk-In Closet. 2 Additional Bedrms & Full Bath Complete Upper Lvl. All Bathrooms have been Fully Updated, showcasing Stylish Tile Flooring & Modern Fixtures. Finished BSMT hosts Spacious Rec RM & Full Bath w/Heated Floors. Two utility/storage rooms offer ample space for organization. Fenced backyard oasis, complete w/Patio & Landscaped Gardens. Perfectly located just a short walk from Centrepointe Library/Theatre, Parks, Baseline Station, Algonquin College & Convenience to Shopping, Dining & Major Highways. (id:35885)
LOCATION! Discover this bright and welcoming 2-bed, 2-bath Condo in the heart of New Edinburgh with the convenience of nearby pubs, coffee shops, shopping, the scenic Ottawa River, and a quick commute to downtown. Inside, you'll find a modern kitchen with a large island, quartz countertops, stainless steel appliances, subway tile backsplash, and ample cabinetry. The kitchen flows into a bright living room, perfect for entertaining and in house laundry adds convenience to daily life! The primary bedrm features a spacious closet and 3-piece ensuite with a large shower. The second bedrm is ideal for guests or a home office, with a full bath. Relax on the balcony with your morning coffee or evening drink. Building amenities include a fitness center, party rm, games room, rentable guest suite, and a ROOFTOP TERRACE perfect for summer gatherings. Plenty of visitor parking is available. Some photos have been virtually staged. Proof of employment and credit check required with application. (id:35885)
OPEN HOUSE Saturday 2-4h PM - Introducing 2981 Allen Rd: a ONE-OF-A-KIND renovated bungalow situated on a dreamy 8-acre lot! This home offers complete privacy & features 5 beds and 2 full bathrooms, providing ample space for family & guests. The main floor boasts an open living area bathed in natural light from massive windows. Here, you'll find a spacious living room, dining room & kitchen, along with 3 bedrooms, 1 full bath & a laundry room with storage. The basement reveals a generous family room, playroom, two additional bedrooms & another full bath. This property is a slice of country paradise, surrounded by mature trees & fields, offering vast land perfect for various ventures. Enjoy the heated outdoor swimming pool next to a large 32’x20’ cement slab during warm summer days. Additional storage is available in a two-car attached garage & a sizable 28’x25’ dome. Nestled between Alfred, Vankleek Hill & L’Orignal, this home offers privacy within a short drive to multiple villages. (id:35885)
Get ready to fall in love with this gem in the heart of Stittsville! We're not just talking curb appeal; we've got the full package. Welcome to your dream home—a bright, clean, and incredibly spacious 3 bedroom, 3 bath abode that's waiting for you! This family-friendly home will check off all the boxes on your search! Imagine preparing your favorite meals in a large kitchen outfitted with lustrous granite countertops that spell luxury at every inch, and cabinetry galore. The upgraded landscaping will make every homecoming feel like an entrance to a private paradise. This isn't just any home--it's a space where memories will be made, laughter will echo, and comfort will never be compromised. Located on a quiet street for kids to play safely, meet with friends, and yet only a short few steps to parks and the Canada Trail nearby. Don’t wait - homes like this don’t come around often! Book your viewing today and step into the life and lifestyle you deserve. 24 Hr. Irrevocable on offers. (id:35885)
* Open House - Sunday, July 7th, 2:00-4:00pm * Welcome to this stunning END UNIT townhome, nestled on a premium oversized lot with NO REAR NEIGHBOURS, overlooking a forested area and Fawn Meadow Park. The main level boasts a contemporary open-concept layout with a seamless flow and tree views from every room. The chef's kitchen is a dream come true, featuring quartz countertops, stainless steel appliances and plenty of cabinet space. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, two walk-in closets and convenient second-floor laundry. The lower level offers a spacious family room, a large storage room and a 3-piece rough-in for a future bathroom. Situated in a prime location, this home is close to all the amenities along Bank Street, Conroy Pit, golf courses, the airport, Highway 417 and more! The association fee of $105/month covers private road maintenance, snow removal, and common area lawn care. 24 hours irrevocable. (id:35885)
Welcome to this stunning END UNIT townhome, nestled on a premium oversized lot with NO REAR NEIGHBOURS, overlooking a forested area and Fawn Meadow Park. The main level boasts a contemporary open-concept layout with a seamless flow and tree views from every room. The chef's kitchen is a dream come true, featuring quartz countertops, stainless steel appliances and plenty of cabinet space. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, two walk-in closets and convenient second-floor laundry. The lower level offers a spacious family room, a large storage room and a 3-piece rough-in for a future bathroom. Situated in a prime location, this home is close to all the amenities along Bank Street, Conroy Pit, golf courses, the airport, Highway 417 and more! 24 hours irrevocable. (id:35885)
Fantastic location! Exceptional value! Quiet corner unit with the unobstructed southern view! Maximize your downtown life with myriad dining and entertaining options. Take an easy walk to everywhere like LRT station, Ottawa U, Rideau Centre, downtown office complexes and more! This deluxe condo unit has functional layout featuring 2 beds/2 baths/study and with the excellent amenities! This spacious unit is about 887 sqft per builder's plan. It is bright and modern with open concept living and dining, kitchen island, granite countertop, dark cabinetry, hardwood and deluxe laminate flooring, and the separate bedrooms. It comes with one parking space and one storage locker. The amenities include the state of art facilities ie swimming pool, exercise room, sauna, party room/lounge and outdoor patio. Currently it is tenant occupied. 24-hr advance notice is required. It will be great for the owner to live-in to enjoy one-level carefree condo living or have it as a great investment property! (id:35885)
Don't miss your opportunity to own this beautifully updated 3 bedroom bungalow located in Kemptville. The open concept main living area is perfect for entertaining! The cozy pellet stove keeps the home nice and warm in the winter months and the wall a/c unit cools it down nicely for the summer. The location is amazing as your are minutes from the highway and close to all major amenities while still enjoying the country living feel. You will love the gorgeous private lot with huge covered patio, garden, and above ground pool. Book your private tour today! (id:35885)
Welcome to 3059 Nolan Road where peace, tranquility and comfort come together in one place! Located on a quiet road, nestled among the trees, this 3 bedroom 4 bathroom beauty of a home shows a new level of pride in ownership. Custom built in the late 1980's, this home just wraps itself around you and instantly makes you feel like you never want to leave. Family room and primary bedroom additions will impress with their size and quality of craftsmanship. Attached 2 car garage with easy interior access to the home will keep you warm in the winter and dry on the rainy days but feel free to step away to the large detached garage and workshop where you can store, work on or build and toys or hobbies that will peak your interest living on this beautiful country property! (id:35885)
Welcome to this stunning, newly renovated red brick bungalow combining classic charm with modern luxury. Located on a spacious lot off peaceful Manotick Station Rd, this home features four spacious bedrooms and three modern bathrooms, including a luxurious master en-suite. The kitchen boasts new appliances and open concept layout. The newly finished bathrooms provides a spa-like experience, while the private nanny suite is perfect for guests or live-in help. Enjoy the backyard oasis with a hot tub and traditional barrel sauna, and relax in the beautifully crafted sunroom filled with natural light. The expansive lot offers ample space for outdoor activities and gardening. Don’t miss this rare find that blends luxury and comfort. Home includes countless upgrades including new kitchen and bathrooms, backyard oasis patio, Barrel Sauna and Hottub, as well as newly finished concrete floors in the detached garage. Schedule a viewing today to make this exceptional bungalow your forever home. (id:35885)
Prime urban location with numerous development opportunities, including mid-rise residential and commercial! Zoned Arterial Main Street with over 13,000 square feet of lot area and 74' of frontage. Ideally situated on a major transit corridor with proposed at-grade Light Rapid Transit and steps to Carlingwood Shopping Centre, Glabar Park and close proximity to Downtown. Property is being sold for land value but current home is owner occupied and could be rented out while awaiting building permits. No conveyance of any written offer without a minimum 48 irrevocable. (id:35885)
***Location! Location!*** 3 bedroom, 2 bathroom Corner unit with underground garage parking. This large unit features laminate flooring throughout, and a large balcony. The generous-sized primary bedroom has an ensuite washroom plus two other good size bedrooms. Well maintained building with all the amenities you could ever dream! Saltwater pool, whirlpool, fitness room, tennis courts, etc. ALL UTILITIES ARE INCLUDED in condo fees: Heat, hydro, water. Public transportation right out front and a 15-minute walk to the new LRT STATION at Blair. Great location with so much to walk to from here: parks, outdoor rinks, restaurants, shopping, NEW Costco and MUCH MORE! Easy access to the highway. Welcome home (id:35885)
Enjoy the best sunsets Ottawa has to offer in this west-facing, upscale 1-bedroom condo! The unit offers a truly sophisticated living experience in the heart of Centretown. Featuring 9-foot ceilings, in-unit laundry, a balcony with a BBQ hookup, stainless steel appliances, stone counters, under mount sink, gas cooktop, and exposed concrete finishes. This home is designed for comfort and style. Take in the incredible views of Ottawa from your private balcony. Step outside to enjoy popular restaurants like Wilf and Ada's, Flora Hall Brewing, Arlington Five, and Moo Shu Ice Cream. Perfectly situated between Elgin St and Bank St with easy access to the 417, this condo offers a vibrant urban lifestyle. Steps away from public transit, shops, grocery stores, restaurants, and more. Additional amenities: party room, gym, and terrace with a stunning pool offering a 360-degree view of downtown Ottawa. Available immediately. Book your showing today! (id:35885)
Welcome to 115 Division Street, nestled on the edge of Arnprior! This charming 2-story brick home has been meticulously renovated, boasting 3 bedrooms and a full bathroom on each level. With neutral colours, high ceilings, and large windows, natural light fills every corner. The main level features a cozy bedroom while the second level offers 2 more bedrooms, full bath, plus a den/office space. The kitchen has a door to the fully fenced backyard, plenty of room for an eating area and is a chef's delight with loads of warm maple cabinets and ample counter space. Enjoy the convenience of being steps away from Gillies Grove Nature Reserve and a short stroll to Historic Downtown Arnprior. Outside, the super-sized backyard beckons with endless possibilities for kids, grandkids, and pets alike. Embrace the joy of living in this inviting abode where comfort meets convenience! 24 Hours irrevocable all offers. (id:35885)
A magnificent lot that stretches w-i-d-e on the south side of Leeming, and wider still on the west, is the heavenly setting for this striking natural stone-faced split level. Framed with gorgeous perennial gardens & interlock, and screened for blissful privacy, this is a residence where outdoor living is decidedly "on stage". But, that's just the prologue. Inside, is a sun-filled interior bursting with pride in the improvements and love in the finishing. Flowing principal rooms, a natural stone fireplace, rich hardwds, big beautiful windows & patio drs, ceiling crowns, updated exterior/interior drs, renovated main bath, beautifully updated kitchen. Fenced at back, bejeweled with trees, interlock front & rear. Only minutes walk to The Sailing Club, and only blocks to the proposed future Line 3/Moodie Terminus. 44 Leeming...styled for entertaining, configured with versatile spaces, calling you home. (The entry fronts on the west side of Leeming; width along the rear is 99.48 ft) (id:35885)
Take in the Sights and the Action living at 250 Lett. Perfectly located west of the downtown core among bike paths, the Ottawa River, Transit and the exciting developments of LeBreton Flats. This spacious 1 bedroom unit has stunning views from the 5th floor overlooking the courtyard. Open concept Living and Dining areas, gleaming hardwood floors, a spacious Primary Bedroom, lovely views from the balcony, this home checks all the boxes. Full sized parking included!! Locker included. Laundry in suite. Building amenities include an indoor pool, gym and rooftop terrace. (id:35885)
Step into luxurious comfort in the heart of Little Italy! This newly renovated one-bedroom apartment boasts a charming ambiance, with the potential to transform its two spacious living areas into an additional bedroom if desired. Conveniently situated just a short stroll from the Booth Street LRT station and the picturesque Ottawa River, residents will find themselves surrounded by an array of amenities. Indulge in the ease of daily living with a balcony offering serene views, alongside essential appliances such as a stove, fridge, and dishwasher. With in-unit laundry and on-site parking included, convenience is truly at your fingertips. Unt 1 is equipped with its hydro meter but water is included in the rent. Don't miss out on the opportunity to experience the perfect blend of convenience and comfort in this exquisite Little Italy apartment. Available NOW. (id:35885)
Prepare to be captivated by this exquisite end unit from eQ Homes, "The Everitt." Boasting 2,096 square feet of luxurious living space, this home is a testament to impeccable craftsmanship & attention to detail. Step inside to discover a meticulously maintained 3-bedroom, 3-bathroom townhome upgraded to perfection. Inviting foyer with access to partial bathroom & main floor laundry/mudroom with inside entry to the garage, open concept main floor with engineer hardwood, 18ft ceilings in the dining room, gorgeous kitchen with massive island with seating, quartz counters, SS appliances & pantry, great room with gas fireplace & patio doors to backyard. Upstairs features hardwood in the primary suite with WIC & gorgeous 5 piece ensuite with glass shower, soaker tub, quartz counters, 2 generous size secondary bedrooms, one with a WIC & a full bathroom. The finished basement offers a cozy family room & ample of storage! Situated in a prime location, close to schools, parks & all amenities! (id:35885)
Nestled on a sprawling 3.5-acre lot with no rear neighbors, this stunning home, built in 2023, is the epitome of modern elegance and family living. Featuring 6 spacious bedrooms and 4 well-appointed bathrooms, this 3,000 sqft residence seamlessly combines contemporary style with comfort. As you step inside, you'll be captivated by the open and inviting layout, perfect for both relaxation and entertaining. The chef's dream kitchen is equipped with state-of-the-art appliances and includes a walk-in pantry, offering ample storage for all your culinary essentials. For added convenience, the pantry connects directly to the attached two-car garage, making unloading groceries a breeze. The fenced-in backyard is a haven for your pets to roam freely and safely. Whether hosting gatherings or enjoying quiet family moments, this home is designed to accommodate your every need effortlessly. Don't miss this opportunity to own an eye-catching, up-to-date home in a serene and private setting. (id:35885)
Attention business owners! Custom built 4 bedroom, 3 bathroom bungalow nestled on a 3.4 acre lot with 35'x68' detached heated workshop! Featuring 2654 sqft of luxurious finishes & timeless design, this impeccable layout is sure to please - carpet free home featuring a large foyer, oak hardwood floors, spacious living room with gas fireplace, stunning chef's kitchen with quartz, pantry, pot filler, SS appliances, gas stove & massive island with bar seating, dedicated dining room with California shutters and access to the 18' x 16' covered porch overlooking the yard. The bedroom area features the spacious primary with 5 piece ensuite + WIC, 2 great size secondary bedrooms sharing a jack & jill bathroom. Completing the main floor is another bedroom/office at the front, partial bathroom, main floor laundry and mudroom with WIC, access to the double attached garage and unspoiled basement with tons of storage and 2 separate entrances, perfect for future SDU or multigenerational living! (id:35885)
Discover this stunning 2-bedroom, 2-bathroom condo in the heart of Centre Town! Located on the 6th floor, this corner unit boasts floor-to-ceiling windows that flood the space with natural light. The condo features high-end finishes throughout, including quartz countertops and high-end stainless steel appliances. Step out onto your private balcony off the master bedroom to enjoy your morning coffee. Amenities abound with a 24-hour concierge, a state-of-the-art gym, an indoor sauna, a private theatre, and more. Additional perks include one underground parking spot and a storage unit. Heat and water are included; hydro is extra. (id:35885)
Discover Your Dream Home in Findlay Creek, this family-oriented home offers a warm welcome with a charming swing on the front porch. The spacious main floor invites you into a cozy family room centered around a gas fire place, perfect for chilly evenings. A home office provides a quiet space for work or study, while a convenient mudroom keeps things tidy & organized. The heart of the home, a large kitchen with an inviting island, is ideal for gatherings & culinary adventures. Upstairs, retreat to 4 bedrooms, including a luxurious primary suite featuring a two-sided gas FP, an ensuite bathroom, & a walk-in closet. Additional bedrooms share a Jack & Jill bath & another ensuite, ensuring comfort & privacy for all family members & a conveniently located laundry RM. Entertainment awaits in the expansive rec room, offering ample storage for hobbies & games plus has a bedroom & full bath. Outside, the inground pool beckons for summertime relaxation & fun-filled gatherings with loved ones. (id:35885)
Updated 3 bedroom, 2.5 bath, detached home close to Algonquin college on a spacious, treed lot. Many renovations just completed in this bright home including new bathrooms and renovated kitchen. New paint throughout. Real wood burning fireplace is a highlight in living room. Large deck off the kitchen that's great for BBQing, enjoying the outside and entertaining. Double car garage. Lower level has a play room, laundry room and storage room. Backyard is fully fenced and has lots of space for active kids and gardening. (id:35885)
Welcome Home! This prime location offers unparalleled convenience with easy access to public transit, as both Westboro Station and Tunney's Pasture Station are just steps away. Embrace the outdoors with the nearby Ottawa River Pathway and extensive cycling paths, perfect for enjoying the scenic beauty of the area. The unit boasts a south-facing window that fills the space with natural light while providing a serene green view. The kitchen features a beautiful quartz countertop and stainless steel appliances, making it a delight for any home chef. The primary bedroom is a luxurious retreat with floor-to-ceiling windows, a walk-in closet, and an ensuite bathroom. Additionally, there is a powder room, perfect for accommodating your guests. Q-West offers an array of amenities to enhance your lifestyle, including a fitness room, party & game room, rooftop patio, and hot tub. Experience the best of Westboro living at Q-West! *Parking, storage locker, heat and water included in rent!* (id:35885)
Meticulously maintained and improved this 3 bedroom end unit is move in ready. Feats incl: large living/dining area with fireplace and crown moldings, updated appliances in the gourmet eat-in kitchen, COMPLETELY renovated bath with glass shower doors and plenty of counter space. There is even convenient in unit laundry! The beautiful West facing patio surrounded by beautiful gardens offers amazing views of the parkland, pond, fountains and walking paths. Other Amenities include: tennis/pickle ball courts, indoor salt water pool, outdoor pool, rec center with racket courts, saunas, gym, and party room. Amazing location walking distance to Montfort hospital, C.M.H.C., La Cite Collegial and to everything you really need. You are also only minutes to the heart of the nation’s capital by car, transit or bike AND close to all the quaint amenities of "Beechwood Village" with shops, select restaurants and other great amenities. One prime parking space also included. (id:35885)
Bungalow on a cul-de-sac with large sun deck overlooking pond. This open concept home has plenty of natural light. Bright and spacious kitchen with island and higher end appliances. Luxurious bathroom with heated flooring, automatic toilet and a curbless walk-in shower. Three generous sized bedrooms, 2 on the main floor and 1 on the lower level. Fully finished lower level (June 2024) and heated garage. Enjoy your back yard with view of pond on your 12' x12' deck. This home has many tasteful upgrades throughout and is a true gem. Sure to please!!! (id:35885)
Experience the best of country living with this stunning 3.78-acre property, located in the charming community of Metcalfe. This fully updated 3-bed, 3-bathroom home is the perfect blend of modern amenities and classic charm. The updated chef’s kitchen (2021) is a culinary dream with stainless steel appliances (2021), a modern farm sink, ample counter space, quartz countertops and beautiful cabinetry. The adjacent dining room features an original tin ceiling that reflects the historical charm. A unique family room with high ceilings that are open to the loft on the second floor; a flex space currently being used as a gym. The main floor is also home to a large living room, dedicated laundry room and bathroom. Upstairs, the primary suite includes a luxurious ensuite bathroom and full walk-in-closet. Enjoy exceptional outdoor living with a screened-in porch on one side of the home and an interlock deck with a hot tub (2021) on the other, perfect for relaxing and entertaining in style. (id:35885)
Welcome to this charming 2022-built semi-detached bungalow, a turnkey home nestled on a large, fenced lot. This property boasts 5 bedrooms and 2 full bathrooms, featuring an open-concept living area with elegant quartz countertops throughout and wide plank hardwood floors. Enjoy the convenience of a walk-in pantry, beautiful stainless steel appliances w/ farmhouse sink, high-speed fibe internet, and modern smart features. The master suite offers a spacious walk-in closet and an ensuite bathroom. The finished basement includes a generous family room, abundant storage, 2 additional bedrooms, and a rough-in for an extra bathroom. The backyard, with its cozy firepit, is perfect for gatherings, while the large driveway accommodates up to 5 parking spots. Every detail in this home has been thoughtfully considered, providing a perfect blend of modern living and comfort. (id:35885)
Beautifully maintained 2 bed, 2 bath upper unit in Club Citadelle, a resort style complex complete with inground pool, sauna, tennis courts, clubhouse and gym all an easy walk to groceries, restaurants, shops, schools and parks. This pet-friendly property includes TWO rarely offered parking spots located directly in front of the unit. Inside is a large open concept living/dining/kitchen area with wood burning fireplace and patio doors leading to a private balcony. Down the hall is a spacious primary bedroom with walk-in closet, a good-sized second bedroom and full bath. Downstairs is the laundry room, 2-piece bathroom, a large den/rec room and storage. Lots of upgrades throughout- main bathroom (2022), flooring (2021), heat pump air conditioner (2019), lighting/blind updates (2018). Additionally, the complex has recently updated the roofs, balconies and sidewalks (2022). With a walk score of 82 and amazing amenities on-site, this great property has everything you have been looking for! (id:35885)
Come see this charming 3 bed, 3 bath + loft detached home that features a modern sophisticated open concept with great finishes. The moment you step into this lovely home you sense the attention & care. Welcoming front foyer opens up to the dining room, a cozy living room w a gas fireplace dressed w solid hardwood flooring & contemporary kitchen with SS appliances including a gas stove, granite countertops, breakfast bar and walk-in pantry. 2nd floor features a large loft perfect for home office or a family room. Anchored by a superb master retreat feature his & her walk-in closets & an ensuite which is sure to please the most discerning taste. Two additional spacious bedrooms and a second 4 piece bathroom. The lower level offers a finished basement. Patio doors leading off to backyard is fenced and perfect for family barbecues. Simply a superb home set on perfect family street, located just steps from Park, trails & quality schools! Quiet yet well serviced, this home has it all! (id:35885)
Residential in Ottawa Real Estate shows -15% Down from last year Average price – However,it marks a 5% increase over January 2023.
Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!
OREB NEWS
March 3, 2023
Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ago, and 222 in the condominium-property category, a decrease of 31% from February 2022. The five-year average for total unit sales in February is 1,157.
“We’re going to see declines in transactions and prices when we compare current figures to last February — the height of the pandemic resale market activity,” says Ottawa Real Estate Board’s President Ken Dekker. “On the other hand, with the Bank of Canada holding interest rates steady, prospective buyers have more budget certainty to work with as we head into the spring market.”
By the Numbers – Average Prices*:
The average sale price for a freehold-class property in February was$708,968, a decrease of 15%from 2022.However,it marks a 5% increase over January 2023.
The average sale price for a condominium-class property was $410,927, decreasing 12% from a year ago.
With year-to-date average sale prices at $695,086 for freeholds and $411,449 for condos, these values represent a 14% decrease over 2022 for freehold-class properties and a 10% decrease for condominium-class properties.
“The average price increase for freeholds over January could be an indicator that buyers have normalized to the current interest rates. And perhaps, it’s a glimmer of more activity to come in the months ahead.”
By the Numbers – Inventory & New Listings:
Months of Inventory for the freehold-class properties has increased to 2.8 months from 0.7 months in February 2022.
Months of Inventory for condominium-class properties has increased to 2.5 months from 0.7 months in February 2022.
February’s new listings (1,366) were 22% lower than February 2022 (1,762) and up 3% from January 2023 (1,323). The 5-year average for new listings in February is 1,632.
Days on market (DOM) for freeholds decreased from 43 to 37 days and 47 to 43 days for condos compared to last month.
“A decrease in the days on market, paired with fewer new listings entering the market, is good news for sellers,” says Dekker. “However, if that trend continues to impact our supply stock and we don’t get more inventory, our otherwise balanced market could swing back into seller’s territory — but it’s too early to predict.”
“The best advice for sellers and buyers in today’s market is to pay close attention to the comparison and competition insights only a REALTOR® can offer. Ottawa is made up of many micro-markets, and neighbourhood-level data is vital to standing out and closing deals.”
REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 995 properties compared to 800 last year at this time, an increase of 24%.
Details:
Average Sale Price February 2023= from $708,172 down to $620,088 (-12.4% down)
Quantity of sales: 2471 down to 1513 in Feb 2023 (-38% down)
CDOM= Re-listed : Days on Market from 27 to 69 days ( more days on market: +42 days)
DOM= Days on Market – from 19 days TO 44 days longer in 2023 ( more days on market: +25 days)
February 2023 – Resale Market Starts Slow as Buyers Remain Cautious
February 2, 2023
Members of the Ottawa Real Estate Board (OREB) sold 606 residential properties in January through the Board’s Multiple Listing Service® (MLS®) System, compared with 933 in January 2022, a decrease of 35%. January’s sales included 460 in the freehold-property class, down 30% from a year ago, and 146 in the condominium-property category, a decrease of 47% from January 2022. The five-year average for total unit sales in January is 819.
“January’s marked slow down in unit sales over 2022 indicates potential home buyers are taking their time,” says OREB President Ken Dekker. “While last month saw the culmination of the succession of interest rate hikes announced by the Bank of Canada, affordability remains a factor. They may be waiting for a shift in listing prices. They’re being cautious in uncertain conditions.”
By the Numbers – Average Prices*:
The average sale price for a condominium-class property in January was $412,244, a decrease of 8% from 2022.
The average sale price for a freehold-class property was $676,272, decreasing 12% from a year ago.
“Despite the decrease in average prices, the market should not be considered on a downward slide,” says Dekker. “A hyper COVID-19 seller’s market is now leveling out to our current balanced market state.”
“On a positive note, in comparison to December’s figures, January’s average price of freehold properties increased by 3%. The average price of condos did fall by 5% compared to December but condo pricing tends to fluctuate more due to the small data set.”
By the Numbers – Inventory & New Listings:
Months of Inventory for the freehold-class properties has increased to 3.8 months from 0.9 months in January 2022.
Months of Inventory for condominium-class properties has increased to 3.8 months from 0.8 months in January 2022.
January’s new listings (1,324) were 16% higher than 2022 (1,142) and up 89% from December 2022 (699). The 5-year average for new listings in January is 1,233.
“Ottawa’s inventory and days on market figures are typical for a balanced market and another sign that buyers are no longer racing to put in an offer,” says Dekker. “The increase in new listings and supply is a boon for home buyers, who now have more selection and the ability to put in conditions at a less frantic pace. REALTORS® are an essential resource in finding the right property for the right buyer. On the other side of the transaction, REALTORS® can help sellers with hyper-local insights about how to sell in their neighbourhood at a time when pricing is key.”
More people are turning to REALTORS® for help renting properties — 509 this month compared to 410 in January 2022, an increase of 24%. “Even with the increase in housing stock, the tighter rental market is another indication that affordability is keeping some potential buyers on the sidelines.”
* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.
Market Prices Sold and Changes
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