Are you looking to move into a neighbourhood that will guarantee you a good return on your investment some day in the future? Then you need to look at up and coming neighbourhoods. This way, you can hop into the market while prices are still competitive, and you can enjoy the appreciation in value quickly! Here are the top 10 best neighbourhoods for future sellers in the Ottawa region:
1. The Glebe
If you would like to be in a neighbourhood with other young families and really good schools, The Glebe is ideal. It is home to many reputable schools such as Glebe Montessori School, Glebe Collegiate Institute, First Avenue Public School, and Mutchmor Public School. You would be conveniently located 10 minutes from Downtown Ottawa and home to the famous Canadian Tulip Festival.
2. Old Ottawa South
Nestled between the Rideau River and the Rideau Canal, Old Ottawa South is in the centre of the city without being in the gritty heart of downtown. Here, you will find many historic red brick homes, parks, great schools, and shops. If you are looking for a friendly neighbourhood where neighbours actually know one another and regularly hang out – this is the community for you!
3. Old Ottawa East
If you can’t decide between Rideau Canal or being central in the city, you no longer have to choose! Old Ottawa East is the perfect solution to your quandary. This tree-lined neighbourhood is quiet and gives you a taste of the suburban lifestyle while being right in the centre of the city. Another great reason to live here is the easy access you will have to the 417 East and West onramps. Anywhere you live in Old Ottawa East you are never more than 5 minutes to downtown, Rideau Centre, Carleton or Ottawa University campuses.
4. The Golden Triangle
Whether you are new to Ottawa or you have just embarked in a career or family life, The Golden Triangle is an ideal neighbourhood for you. Most of the homes in this neighbourhood have a beautiful, historic look to them as they were built between the 1890s and 1930s. It is well situated as it is home to the Rideau Canal and Ottawa City Hall. There is always something to do in this neighbourhood! Expect prices to range between the mid-400s to the high 800s.
If you care about being close to a cool scene, look no further than Lowertown. Steps away are coffee shops, breweries, and independent clothing stores. When it comes to architecture, Lowertown offers a variety depending on the lifestyle you’d like to live. There are many one-bedroom condos available for single, young professionals. Alternatively, if you prefer a home, you can find a two-bedroom house ranging between $370,000 - $700,000. Being in Lowertown you are close to ByWard Market and have easy access to transit.
6. Little Italy
This neighbourhood derives its name from the huge wave of Italian immigrants that settled in this neighbourhood in the early 1900s. If you are looking to be in a neighbourhood that is packed with culture, look no further than Little Italy! A low-rise condo or detached home can be found between $420,000 - $860,000.
If you value space and access to beautiful trails but still want to be a short commute to Downtown Ottawa, Kanata is the place to be. Originally its own city, it was incorporated into Ottawa in 2001. Residents of Kanata love frequenting South March Highlands Conservation Forest which provides breathtaking views regardless which season you visit.
8. ByWard Market
For those who prefer condo living, the ByWard Market is perfect. You will find ideally located condos that are either one or two bedrooms, moments away from some of the freshest produce, cheese, baked goods and other gourmand goodies. Everything is at your fingertips in this neighbourhood – be it transit, cinemas, spas or yoga centres.
If you are a fan of Kanata you will also love Westboro. This neighbourhood is perfect for young families looking to settle down while also being just a short commute to downtown Ottawa. Many single-family detached homes, townhouses and condos are available in this neighbourhood.
Hintonburg recently has been on fire with popularity! Some of the best that Ottawa has to offer can be found in this neighbourhood such as the Great Canadian Theatre Company, as well as multiple top-rated restaurants. Parliament Hill and ByWard Market are 15 minutes away at most, and on the weekend, you can enjoy with your family a visit to the Canadian Museum of Nature. What more could you ask for from a neighbourhood?
As you can see, there are many neighbourhoods to choose from! If you would like to learn more about a particular neighbourhood to see if it is the right move for you, please reach out to me here. I’d love to help you move somewhere that is right for your family right now, as well as your family’s future.