LowertownHousing market

Lowertown

Lowertown Housing Market Report

Strong Buyer's Market

All types - for the month of September

Buyer's market Seller's market

14

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

67

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

101 active

New

34(+21.43% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 72, in 2023: 46, in 2022: 31

Total Sold Listings*

7 sold

Median Sold Price

$395,000

Avg Days on Market

67 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 1, in 2023: 3, in 2022: 5

*Data is for the month of September

Median Sold Price vs Average Days and Average Total Days on Market - Lowertown - All types

Sold vs Active vs New vs Relisted - Lowertown - All types

Sold Price Distribution - Lowertown - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Lowertown - All types

Property type distribution based on data from the last 3 months.

Median Price - Lowertown - All types

Just listed - Lowertown

Patio, unknown for 242 Rideau St #2506, Ottawa Ontario K1N 0B7

1 day on Market

Up to2K Cashback

242 Rideau St #2506, Ottawa

Condo11600-699 sq ft

Listed by UMBER REALTY INC.

Unknown for 383 Cumberland St #506, Ottawa Ontario K1N 1J7

8 days on Market

Up to2K Cashback

383 Cumberland St #506, Ottawa

Condo11500-599 sq ft

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

Home with brick exterior material, street for 290 Clarence St, Ottawa Ontario K1N 5R3

9 days on Market

Up to3K Cashback

290 Clarence St, Ottawa

Semi-Detached2+121100-1500 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Unknown for 383 CUMBERLAND St #805, Ottawa Ontario K1N 1J7

Re-listed 9 days ago

$•••,•••

Up to1K Cashback

383 CUMBERLAND St #805, Ottawa

Condo110-499 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 180 YORK St #308, Ottawa Ontario K1N 1J6

Re-listed 10 days ago

$•••,•••

Up to5K Cashback

180 YORK St #308, Ottawa

Condo11700-799 sq ft

Listed by DETAILS REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 195 Besserer St #2009, Ottawa Ontario K1N 0B6

Re-listed 11 days ago

$•••,•••

Up to4K Cashback

195 Besserer St #2009, Ottawa

Condo21600-699 sq ft

Listed by EXP REALTY

Unknown for 238 Besserer St #703, Ottawa Ontario K1N 6B1

Re-listed 11 days ago

$•••,•••

Up to2K Cashback

238 Besserer St #703, Ottawa

Condo11600-699 sq ft

Listed by SOLID ROCK REALTY

Patio, unknown for 180 George St #601, Ottawa Ontario K1N 0G8

12 days on Market

Up to12K Cashback

180 George St #601, Ottawa

Condo11600-699 sq ft

Listed by GRAPE VINE REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 242 Rideau St #2509, Ottawa Ontario K1N 0B7

15 days on Market

$•••,•••

Up to2K Cashback

242 Rideau St #2509, Ottawa

Condo11700-799 sq ft

Listed by EXP REALTY

Indoor foyer for 238 Besserer St #213, Ottawa Ontario K1N 6B1

16 days on Market

Up to3K Cashback

238 Besserer St #213, Ottawa

Condo22900-999 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Just sold - Lowertown

Unknown for 179 George St #1102, Ottawa Ontario K1N 1J8

Sold for $260,000

$9K below asking

179 George St #1102, Ottawa

Condo11500-599 sq ft

Listed by RIGHT AT HOME REALTY

Indoor foyer for 242 Rideau St #PH1-2702, Ottawa Ontario K1N 0B7

Sold 5 days ago

Sold for $570,000

$15K below asking

242 Rideau St #PH1-2702, Ottawa

Condo22900-999 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Patio, unknown for 242 Rideau St #2505, Ottawa Ontario K1N 0B7

Sold 8 days ago

Sold for $340,000

$15K below asking

242 Rideau St #2505, Ottawa

Condo11600-699 sq ft

Listed by EXP REALTY

Unknown for 200 Besserer St #1207, Ottawa Ontario K1N 0A7

Sold 14 days ago

Sold for $395,000

200 Besserer St #1207, Ottawa

Condo11700-799 sq ft

Listed by REAL BROKER ONTARIO LTD.

Home with brick exterior material, street for 183 Cumberland St #B, Ottawa Ontario K1N 7H2

Sold 15 days ago

Sold for $420,000

$30K below asking

183 Cumberland St #B, Ottawa

Condo221000-1199 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Patio, building for 383 CUMBERLAND St #610, Ottawa Ontario K1N 1J7

Sold 15 days ago

Sold for $285,000

$13K below asking

383 CUMBERLAND St #610, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Home with brick exterior material, street for 183 Augusta St, Ottawa Ontario K1N 8B9

Sold 30 days ago

Sold for $684,000

$15K below asking

183 Augusta St, Ottawa

Detached421500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Balcony in the apartment, city buildings view from balcony for 238 Besserer St #509, Ottawa Ontario K1N 6B1

Sold 31 days ago

Sold for $349,900

238 Besserer St #509, Ottawa

Condo11500-599 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Home with brick exterior material, street for 219 Bruyère St, Ottawa Ontario K1N 5E4

Sold 36 days ago

Sold for $676,000

$23K below asking

219 Bruyère St, Ottawa

Townhouse542000-2500 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Indoor foyer for 242 Rideau St #1209, Ottawa Ontario K1N 0B7

Sold 36 days ago

Sold for $320,000

$5K below asking

242 Rideau St #1209, Ottawa

Condo11700-799 sq ft

Listed by OTTAWA PROPERTY SHOP REALTY INC.

Population and Demographics

Overview

Total population 7958

Average household income $111,627

Age (%)

0 to 19

14%

20 to 34

35%

35 to 49

18%

50 to 64

16%

65 and plus

16%

Household composition (%)

Single person

55%

Single family

34%

Multi person

10%

Multi family

0%

Mother tongue (%)

English

57%

French

25%

Arabic

3%

English and French

3%

Mandarin

3%

Spanish

3%

Others

2%

French and non-official language(s)

1%

House tenancy (%)

Renters

75%

Owners

25%

Top 3 Schools in Lowertown

École Secondaire Publique de la Salle501 ancienne St-Patrick rue, K1N 8R3, Ottawa, ON

7.5/10

Public•9-12

York Street Public School310 York St, K1N 5V3, Ottawa, ON

5.2/10

Public•JK-8

École Élémentaire Catholique Sainte-Anne235 Beausoleil promenade, K1N 0C1, Ottawa, ON

4.3/10

Public•JK-8

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

Variety of cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance