Ottawa Real Estate Market Reports and Trends

Ottawa Real Estate Market and Guide

Discover Ottawa with our community guide. Get to know this friendly neighbourhood, stay updated on property prices and trends, and find helpful tips for making an informed choice. We also share neighbourhood vibes, school information, and what makes Ottawa a unique community.

Whether you’re looking for open houses, exploring available mortgage options, or finding a local real estate agent, we are here to help you find not just a home, but a lavish lifestyle here in Ottawa, Ontario.

Living in Ottawa, Ontario

Ottawa, Canada’s capital, brings together history and modern life. You might hear the bells from Parliament Hill as you pass coffee shops on Elgin Street, with the Ottawa River nearby. This mix creates lively neighbourhoods and a welcoming lifestyle. People often start their day walking along the Rideau Canal, picking up a croissant at the ByWard Market, or joining in on summer festivals. Whether it’s brunch in the Glebe or visiting the National Gallery, there’s always a balance of things to do and time to relax.

Ottawa isn’t only about politics or Parliament Hill. Families grow, young professionals thrive, and newcomers feel at home. The city offers every convenience yet feels connected, with a strong sense of community in each neighbourhood.

A City Shaped by Balance

Families value Ottawa’s good schools, safe neighbourhoods, and outdoor spaces. Schools like Lisgar Collegiate Institute and Colonel By Secondary School are known for strong academics, making Ottawa a great place for families. In winter, the Rideau Canal becomes the world’s largest skating rink, showing how the city’s natural spaces are used all year. Public transit is easy to use, and there are many bike paths. Local markets, community centers, and family-friendly festivals help neighbours connect, often just a short walk or bike ride from home.

Many professionals move to Ottawa for jobs in government, technology, and healthcare. The city’s tech sector is growing quickly, and being close to federal offices makes Ottawa a center for new ideas and opportunities. Tech jobs are increasing each year. Students also enjoy top universities like the University of Ottawa and Carleton University, which add to the city’s lively feel.

In Ottawa, people use both English and French daily. This mix of cultures combines diverse traditions, foods, and celebrations from around the world.

Neighbourhood Vibes

The best way to get to know Ottawa is by visiting its different neighbourhoods, each offering something unique.

  • Westboro is trendy and family-friendly, featuring boutique shops, cafés, outdoor gear stores, and easy access to bike paths and the Ottawa River.
  • Kanata is a suburban hub known for its tech industry, excellent schools, and spacious homes.
  • Rockcliffe Park is one of the city’s most prestigious areas, home to historic mansions, embassies, and tree-lined streets.
  • Barrhaven is a fast-growing suburb ideal for families, with modern homes and ample amenities.
  • Centretown and Hintonburg are both urban, lively, and eclectic, with heritage homes, condos, and vibrant arts scenes.
  • Orleans, Alta Vista, Stittsville, and Riverside South are popular with families seeking community-focused living, schools, and green spaces.

Every neighbourhood in Ottawa has something special, whether it’s the history of Rockcliffe Park or the modern feel of Kanata. You can find a lifestyle here that fits what you’re looking for.

Property Pulse

The housing options in Ottawa match its diverse community. You can find historic homes in Centretown and Rockcliffe Park, or opt for condominiums in the downtown core close to work and entertainment. Suburbs like Barrhaven, Orleans, and Stittsville feature larger single-family homes with spacious backyards, which many families prefer.

In Riverside South and Kanata, you’ll find many townhouses and newly built homes, which are great for first-time buyers and younger professionals. Ottawa has both older neighbourhoods and new developments, so there’s always something to fit everyone’s needs, whether you want character, convenience, or a modern look. Compared to cities like Toronto, Vancouver, or Montreal, real estate in Ottawa is more affordable. While Toronto is known for high prices and Vancouver for its scenery, Ottawa offers a good mix of affordability and quality of life. Montreal has a European feel, but Ottawa stands out for being family-friendly, making it an excellent choice for many people.

Community Canvas

Its people define Ottawa. Its multicultural population shapes a rich social fabric. “I moved here for one winter and stayed for twenty,” reflects a longtime resident, capturing the city’s welcoming nature. Residents celebrate traditions through festivals like Winterlude and the Canadian Tulip Festival. Local food markets showcase global flavours, while community spaces bring neighbours together.

Students, professionals, diplomats, and longtime residents all help make Ottawa’s communities vibrant and welcoming. In every neighbourhood, people often greet each other at cafés, skate on the canal, or meet up in parks. This friendly atmosphere is one reason newcomers feel at home so quickly.

What You’ll Love

Ottawa is unique because it beautifully blends culture, history, nature, and modern life, and residents truly appreciate this balance. The city offers numerous parks, trails, and riverside paths that provide endless opportunities for outdoor recreation, such as cycling, running, paddling, and skating. Iconic sites like Parliament Hill, the National Gallery, and the Canadian Museum of History are central to the city's identity. Seasonal celebrations, such as Winterlude and Canada Day, create unforgettable moments for the community. Ottawa also boasts a culinary scene that combines farm-to-table offerings with global flavours. With safe neighbourhoods, excellent schools, and a strong sense of community, Ottawa stands out as an ideal choice for families.

Why Choose Ottawa?

Choosing Ottawa means finding a place where you can balance work and quality of life. There are great jobs in government, technology, and healthcare, and families and retirees enjoy affordable living, safety, and a wide range of activities. Ottawa’s diversity, bilingual culture, and friendly communities make it a capital city that feels like home. If you’re new to the city, local organizations can help you settle in with housing, language classes, and job search support, making the move easier.

What is the average home price in Ottawa?

As of today, November 11th, the average home price in Ottawa is $823,202.

Who is the best agent in Ottawa?

The best real estate agent in Ottawa really depends on what you’re looking for. There are many great agents and teams here who are known for their local knowledge, friendly approach, and strong negotiation skills. If you're looking for a local real estate representative, we can help connect you with an agent in the area.

Who is the best Moving Company in Ottawa?

Moving between homes should be an enjoyable experience, not a stressful one. To make this move to Ottawa seamless, choose a thorough residential moving service equipped to manage each phase of the moving process. Select a company that excels in meticulous packing using premium materials and secure transportation for your possessions. When evaluating these options, look for a moving company with strong client testimonials and recognized, award-winning service.

Moving Company Ottawa - Macho Movers

A moving company such as Macho Movers would be the ideal partner to help you make that move to Ottawa. Book a moving appointment today.

November 2025 Mortgage Report

Review this month's current mortgage rates and how they compare versus 6 months for fixed and variable rates with our quick reference Mortgage Rate Report.

Latest mortgage rates

RatesNov 2025May 2025 (6 months)
3 Year Fixed4.09% 4.34%
3 Year Variable4.05% 4.50%
5 Year Fixed3.89% 4.04%
5 Year Variable3.65% 4.20%
Mortgage rates provided by nesto.ca

A valid purchase price is needed. Please try again.

A mortgage is often a necessary part of buying a home, but it can be challenging to understand what you can afford. This calculator can help you estimate mortgage payment options based on the purchase price. To help you get started, we entered the average price of homes listed on the Ottawa real estate market.

Purchase Price $823,202

The purchase price dictates how much to borrow. Enter the price of the home you are interested in buying to determine your estimate monthly payments.

Down Payment $41,160 (at 5% down)

The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

Mortgage Insurance $28,154

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

Mortgage Amount $810,196

The price of your new home, less the down payment, plus mortgage insurance, if applicable.

Mortgage Rate 4.09%

The rate of interest you will pay on the outstanding balance of your mortgage.

Mortgage Type 3 Year Fixed

The mortgage type includes the term of the mortgage, between 1 and 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.

$4,152 (monthly)
$1,915 (biweekly)
$2,076 (accelerated)

Found a house on MoveMeTo.com that you like? Use our mortgage calculator to determine a mortgage payment option and affordability with the latest mortgage rates to determine the right type of mortgage for you.

We want to help you with moving to Ottawa Ontario. Contact our preferred mortgage experts to work with an agent on a personalized mortgage solution with a guaranteed low Mortgage Rate from the get-go with nesto!

Mortgage Experts Talk to a Mortgage Expert Now

Ottawa Open Houses

As a potential buyer, an open house opens the door to help you make an informed decision about a property before making an offer. Check below for properties with open houses currently listed on the MLS® market in Ottawa.

For further benefits of visiting an Open house if you are a buyer or hosting an open house if you are a seller. Check out our questions & answers for buyers and sellers.

Open House Questions and Answers

What are the benefits of visiting an Open House as a home buyer?

They allow you to preview properties in person before putting in an offer. They will enable you to gain neighbourhood insights by talking with nearby neighbours. They allow you to ask the listing agent about the current market trends for that neighbourhood and find out details such as upgrade options and needed renovations. They also allow you to feel less anxious and overwhelmed when you put in an offer.

What are the benefits of having an Open House as a home seller?

They allow you to increase the visibility of your home and shorten its time on the market. They allow you to attract additional buyers who may be early in the home-buying process. They allow you to set your house apart from the other listings within the same price range. They also allow you to make it easier on buyers unsure if your home or neighbourhood fits their needs.

For more information on buying and selling real estate in Ontario. Check out our Buyer and Seller Guides.

Buyers GuideSellers Guide

Start your Ottawa Home Search the right way with these Four Search Options

At MoveMeTo.com you can personalize your search results to fit you. Narrow down quickly and efficiently the properties that you are interested in by using one of these search options.

Search Homes Near Me

Are you in the Ottawa area right now? Click on the map to browse available properties in Ottawa near your current GPS location. Personalize your distance between 2KM and 20KM to allow you to narrow in on what is available right now near you. Search Near Me Now.

Ottawa Homes Near Me Search

3082 Properties
Available

Search Types of Properties in Ottawa

Have a specific type of property in mind? Check out listings within Ottawa by property type. Find condos, single-family homes, farms, waterfront properties and more with our Property Type Search.

Search Latest Properties on the Market

Discover homes and condos as they get added to the real estate market by exploring MLS® listings published within the last fourteen or thirty days. Don't miss out on grabbing the best properties in Ottawa.

Search Nearby Communities

Are you exploring your options on where to buy and not set on an exact community or neighbourhood? To expand your search for properties, check out one of these nearby communities.

Helping you find the Best Real Estate Agent to work with in Ottawa Ontario

Finding the Best Real Estate Agents in Ottawa

Buying and selling real estate can be a long and sometimes stressful process. However, with the best REALTOR® on hand to help, you can ensure the process is much simpler to navigate. So let us help you find the best qualified REALTOR® with expert knowledge of Ottawa, Ontario, to guide you through the real estate market to make buying and selling easier.

Have questions about real estate and don't know where to begin? Connect with the best real estate agents in Ottawa to guide you through the process.

Please be advised that TRESA Rules and Regulations restrict the information that another Brokerage or REALTOR® can provide. Therefore, any further information must be sought directly from the agent you are under contract with.

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