Ottawa Condos
In Ottawa, condos, big apartment complexes, and small apartment complexes make up the majority of the remaining housing, while the remaining 40 percent homes are single detached homes. In this city, about 30 percent of the homes were built between 1960 and 1980, and the majority of the remaining structures were made before 1960 and in the 1980s.
This metropolis offers a wide range of apartment sizes, from lofts to those with four or more bedrooms. About two thirds of the homes in the city are occupied by homeowners, and the remaining one third are rentals. Greater portion of homeowners represent the affordability of homes in the city.
Number of listings and average price
Ottawa condos have 1226 listings. Ottawa has three types of numbers of listings which include new listings, active listings and sold listings. Condos have 11 new listings, 15 sold listings and 10 active listings. All of these listings are different for different numbers of bedrooms. Condos with one bedroom have 3 new listings, 4 sold listings and 3 active listings. Similarly, condos with 2 bedrooms have 7 new listings, 4 sold listings and 6 active listings. Condos with 3 bedrooms have 14 new listings, 10 sold listings and 24 active listings.
The average price for Ottawa condos for sale in 2009 was $318,655. According to recent Ottawa MLS statistics, the median home price is $660,500, and 39 new properties have appeared in the last 56 days. According to housing statistics for Ottawa as of today, a home spends 26 days on average on the real estate market. Average prices are different for different construction styles. Condos have an average price of $520K while this price was $518K about three months ago. Likewise, townhomes have an average price of $643K and detached homes have an average price of $758K.
Features and Amenities
Along with having a high income and strong economy, Ottawa is praised for being a pedestrian- and transit-friendly city. Additionally, it received the top spot for being the best location to live for immigrants to Canada.
Amenities are the additions to a house that are deemed valuable to buyers or tenants. They could be community resources like neighboring interstates, public transportation and malls. They may also be exclusive features of the home, such as big yards, elaborate finishes, and major appliances.
Condos available within 550K
Different condos are available for sale within the above range. A one bedroom and one bathroom condo of around 600 to 699 sq ft is available for sale at 401 GOLDEN AVE, OTTAWA CANADA. You can own this condo only for $540,000. Another 2 bedroom and 2 bathroom condo is for sale at 250 LETT STREET UNIT#404, OTTAWA CANADA. You can buy this beautiful condo for only $549,000.
Some more about Ottawa
Large trees, beaches line and park, the three main rivers and the historic canal that define the City and area, making Ottawa remarkably clean and green. The Gatineau hills, which are also visible across the Ottawa River and provide a protected natural environment for numerous family-friendly recreational activities, are also nearby.
