Compared to some of Canada’s heated real estate markets like Toronto, Ottawa’s real estate market is calm and house prices appreciate slower but steadier. As a government town, Ottawa’s market is fairly insulated and does not experience extreme peaks and valleys. Within the Ottawa region you’ll find a ton of diversity from the hustle and bustle of the city to vast environmentally conserved spaces. With its high median income and low average home costs, it is no wonder Ottawa was rated the No. 1 Place to Live in 2017 by MoneySense Magazine.
Here are some great areas to buy real estate in Ottawa:
Stittsville
A community with a small-town feel, Stittsville is situated 31 km southwest of downtown Ottawa. It is a family oriented community with ample opportunities for recreation. Stittsville has kept its village charm and is known to offer more space for homeowners. Because of the friendly community and spacious properties, Stittsville is attractive to people raising a family. Shopping and errands are easily accessible here with an array of independent stores as well as some big box stores in and around town. Stittsville has no shortage of great schools and recreational facilities for families with children and people with an active lifestyle.
Centretown West
Centretown West is a neighborhood in central Ottawa with a really great mix of residential properties and commercial businesses. It’s a great option for individuals or families looking to be close enough to the downtown core but removed enough to enjoy a more calm atmosphere. Little Italy and Chinatown are two integral parts of Centretown West as they bring an extra strong neighborly comradery and diverse culture. If you live in Centretown West you’re lucky to have some of Ottawa’s best restaurants at your fingertips like the authentic Italian restaurants along Preston Street. If you take Preston Street south, you’ll land at Dows Lake where you can enjoy Ottawa’s very own UNESCO World Heritage site the Rideau Canal.
Riverside South
Located 18 km south of downtown Ottawa, Riverside South is a sought after community with real estate values steadily increasing each year. Riverside South is just southwest of the Ottawa Macdonald-Cartier International Airport and is surrounded by an abundance of nature. 750 acres of environmentally preserved green spaces are available to residence of Riverside South including biking and walking trails, a waterfront park and beautiful forests. This suburban area continues to grow rapidly as new homes are developed and shops and businesses open. For those looking for more shopping and dining options, the Vimy Memorial Bridge now connects Riverside South to Barrhaven which has greatly increased the variety of amenities readily available to residence.
Orléans
The rapidly expanding large suburb of Orléans is located in the east end of Ottawa just 15 km from downtown. It is known for reasonable house prices and is a very attractive place for first-time homeowners. Orléans has a high French-speaking population. With its low unemployment, low crime, affordable housing and numerous quality schools, families feel very welcome in Orléans. Mer Bleue Conservation Area is loved by hikers and nature lovers, while Petrie Island is popular for beachgoers and swimmers. In Orléans both recreational league hockey and competitive hockey are loved and city facilities such as soccer fields, skating rinks, hockey arenas and an indoor wave pool are popular amongst the active residents of the community.
These are just some of Ottawa’s great neighborhoods, If your interested in finding out more. Contact us at info@buyandsellottawa.ca
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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.