Here are the most and least expensive neighbourhoods to buy a home in Ottawa
Location can play a big role in the price of buying your new home.
Real estate prices in the central areas of Ottawa are higher than in the suburbs like Barrhaven, Kanata, Orleans and Stittsville, according to data from Bennett Property Shop Realty.
"The more central you are, the more expensive you are," Taylor Bennett, Broker with Bennett Property Shop Realty, told CTV Morning Live this week.
Bennett appeared on CTV Morning Live to discuss the average price for different styles of homes by location within the Ottawa Real Estate Board area.
Most expensive residential property areas
- Rockcliffe - $2,526,429
- McKellar Heights - $1,255,631
- Glebe/Old Ottawa South and East - $1,173,216
- Westboro - $1,084,088
- Wellington Village - $1,071,313
Least expensive areas in the Ottawa area
- Arnprior - $532,959
- St-Albert/Casselman - $492,666
- Plantagenet - $474,580
- Cornwall - $463,889
- Hawkesbury - $362,445
"For all you retirees or people working from home that don't need to be in the city, those are areas you certainly want to be targeting," Bennett said.
Most expensive condominium areas
- Glebe/Old Ottawa South and East - $897,483
- Westboro - $638,525
- Wellington Village - $510,758
- Little Italy - $506,686
- Downtown Ottawa - $478,807
Least expensive condominium areas
- Arnprior - $280,714
- Britannia Heights - $300,390
- Copeland Park - $302,786
- Beacon Hill - $327,740
- Carleton Heights - $362,445
"Condominium market really comes down to your lifestyle. Some people will be driven by price, but condo fees are another major factor," Bennett said. "Your most affordable areas, not too far from downtown."
Bennett also looked at the average price for the various styles of homes for sale in different neighbourhoods of Ottawa.
Detached 2-level
- Glebe-Westboro - $1,178,696
- Kanata/Stittsville - $927,200
- Nepean - $903,786
- Barrhaven/Riverside South - $876,878
- Orleans/Gloucester - $799,268
Bennett says Orleans/Gloucester and Barrhaven/Riverside South give buyers looking for a detached home "more bang for your buck."
"There's also newer homes, especially in the Barrhaven-Riverside South location, so not only are they less expensive, but they're a little bit newer as well so there's a little less upkeep as the time goes by," Bennett told CTV Morning Live.
Detached bungalow
- Kanata - $873,904
- Barrhaven/Riverside South - $866,292
- Orleans/Gloucester - $844,326
- Glebe-Westboro - $776,498
- Nepean - $721,431
Townhouses
"Townhouses across Ottawa, they're disproportionally represented here in Ottawa. We have more townhouses than any other style of home," Bennett said.
- Glebe-Westboro - $791,500
- Kanata - $635,906
- Barrhaven/Riverside South - $608,292
- Orleans/Gloucester - $593,665
- Nepean - $578,339
Bennett says the central area of Ottawa is where the older properties are.
"As you get to some of the more suburban areas, a little bit newer, they are maybe a little bit cheaper. They may be, in some cases, a little bit smaller as well. Of course, money speaks. If your budget is only a certain amount, you've got to go to a certain area."
Most affordable style
Stacked townhouse
- Glebe-Westboro - $576,263
- Barrhaven/Riverside South - $441,116
- Orleans/Gloucester - $405,718
- Nepean - $391,284
- Kanata - $390,798
"One of the main reasons why Barrhaven has some of the most expensive stack townhouses in Ottawa is due to their age," Bennett Property Shop says. "They are much newer and have more creative floor plans than their older counterparts found in Kanata."
Condominium apartments
- Glebe-Westboro - $496,702
- Kanata - $439,246
- Barrhaven/Riverside South - $430,452
- Nepean - $388,616
- Orleans/Gloucester - $350,224
CTVNews.ca Top Stories
Trudeau calls violence in Montreal 'appalling' as NATO protest continues
Anti-NATO protesters gathered again in Montreal on Saturday to demand Canada withdraw from the alliance, a day after a demonstration organized by different groups resulted in arrests, burned cars and shattered windows.
7 suspects, including 13-year-old, charged following 'violent' home invasion north of Toronto
Seven teenage suspects, including a 13-year-old, have been arrested following a targeted and “violent” home invasion in Vaughan on Friday, police say.
These vascular risks are strongly associated with severe stroke, researchers say
Many risk factors can lead to a stroke, but the magnitude of risk from some of these conditions or behaviours may have a stronger association with severe stroke compared with mild stroke, according to a new study.
Widow of Chinese businessman who was executed for murder can sell her Vancouver house, court rules
A murder in China and a civil lawsuit in B.C. have been preventing the sale of multiple Vancouver homes, but one of them could soon hit the market after a court ruling.
Cher 'shocked' to discover her legal name when she applied to change it
Cher recalls a curious interlude from her rich and many-chaptered history in her new book 'Cher: The Memoir, Part One.'
Black bear killed in self-defence after attack on dog-walker in Maple Ridge, B.C.
A black bear has died following a brawl with a man on a trail in Maple Ridge, B.C.
Retiring? Here's how to switch from saving for your golden years to spending
The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.
Canadian neurosurgeons seek six patients for Musk's Neuralink brain study
Canadian neurosurgeons in partnership with Elon Musk's Neuralink have regulatory approval to recruit six patients with paralysis willing to have a thousand electrode contacts in their brains.
Police thought this gnome looked out of place. Then they tested it for drugs
During a recent narcotics investigation, Dutch police said they found a garden gnome made of approximately two kilograms of MDMA.