As Ottawa real estate flourishes in terms of housing prices and the number of homes sold, the market is in favour of sellers, but there are still plenty of great options for Ottawa homebuyers. Ottawa offers a diversity of neighbourhoods unlike most other markets in Canada. Here in Ottawa, we have everything from urban, modern houses to cottages on the riverside.
When deciding where and what to buy, it’s important to look at more than just price, as the price alone does not depict if you’re making the soundest investment.
In Ottawa, home prices appreciate slower and steadier than some other Canadian markets, so it’s important to consider all factors of the neighbourhoods you’re interested in. Here are some of our picks for the best up and coming neighbourhoods in Ottawa for the future, a few of which have seen dramatic transformations to move higher on the list of homebuyers’ top destinations.
Hintonburg
Just a 10-minute walk from Westboro, the historical and artful community of Hintonburg has been rapidly growing and evolving into one of the best up and coming neighbourhoods in Ottawa to live. Hintonburg has great walkability with access to boutique shopping, art studios, coffee shops, restaurants, culture and nightlife.
Hintonburg’s easy access to the new LRT stop at Tunney’s Pasture, close proximity to the Lebreton Flats development and being just a quick drive to downtown via Highway 417 makes a recipe for one of Ottawa’s most rapidly growing communities. In this neighbourhood, the culture of small business and a focus on shopping local is the key to success. Hintonburg has been seeing an economic injection from the city and continues to become a very desirable place to live.
Vanier
As the community of Vanier renews itself, it holds on to its most unique and favourable characteristics. For those who want to experience the benefits of living downtown without paying the same price, Vanier is a great option as it is just a short distance to downtown and much more affordable. Available housing in this gentrified area is a great mix of older detached homes and new modern infill homes built by those who have already found real estate potential in Vanier.
Popular among young professionals and new families looking for affordability while keeping up with the hip lifestyle of living downtown, Vanier provides convenient access to hospitals, the airport, trendy shops and restaurants in New Edinburgh and even possible views of the Rideau River.
Alta Vista
The great suburb of Alta Vista resides in southern Ottawa and boasts green open spaces and strong community ties which center around community centers, schools and churches. This sense of community and abundance of parks provides families and children with ample opportunity to get outside and get active.
Alta Vista is a predominantly residential neighbourhood, in close proximity to the Ottawa Hospital and the Children’s Hospital of Eastern Ontario (CHEO). With O-Train stops, plenty of bus routes and just a 10-minute drive from downtown Ottawa, Alta Vista boasts affordable housing costs for such a convenient, central location.
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If you are seeking advice on buying a home in the Ottawa area, or have more questions for us, we are happy to provide you with helpful guidance and support. Email us at info@buyandsellottawa.ca or call us at 613-590-3036.