LowertownHousing market

Lowertown

Lowertown Housing Market Report

Strong Buyer's Market

All types - for the month of May

Buyer's market Seller's market

8

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.

60

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*

120 active

New

55(+34.15% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 50, in 2023: 36, in 2022: 26

Total Sold Listings*

15 sold

Median Sold Price

$685,000

Avg Days on Market

60 days

Median Bidding

-$10,000

Compared to number of sold, same period, in 2024: 14, in 2023: 21, in 2022: 19

*Data is for the month of May

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

Unknown for 242 Rideau St #1105, Ottawa Ontario K1N 0B7

16 hours on market

Up to2K Cashback

242 Rideau St #1105, Ottawa

Condo11600-699 sq ft

Listed by FIDACITY REALTY

Home with vinyl exterior material, street for 229 St Andrew St, Ottawa Ontario K1N 5G5

17 hours on market

Up to3K Cashback

229 St Andrew St, Ottawa

Semi-Detached21700-1100 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Patio, street for 304 CATHCART St, Ottawa Ontario K1N 5C4

17 hours on market

Up to5K Cashback

304 CATHCART St, Ottawa

Townhouse231500-2000 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Unknown for 238 Besserer St #1504, Ottawa Ontario K1N 6B1

1 day on market

Up to3K Cashback

238 Besserer St #1504, Ottawa

Condo22900-999 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Indoor foyer for 200 Besserer St #1007, Ottawa Ontario K1N 0A7

1 day on market

Up to2K Cashback

200 Besserer St #1007, Ottawa

Condo11700-799 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 179 George St #705, Ottawa Ontario K1N 1J8

1 day on market

Up to2K Cashback

179 George St #705, Ottawa

Condo11500-599 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Home with brick exterior material, street for 575 Old St Patrick St, Ottawa Ontario K1N 9H5

2 days on market

Up to3K Cashback

575 Old St Patrick St, Ottawa

Condo2+121400-1599 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 242 Rideau St #403, Ottawa Ontario K1N 0B7

2 days on market

Up to2K Cashback

242 Rideau St #403, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX DELTA REALTY TEAM

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 238 Besserer St #303, Ottawa Ontario K1N 6B1

Re-listed 2 days ago

$•••,•••

Up to2K Cashback

238 Besserer St #303, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX AFFILIATES REALTY LTD.

Unknown for 242 RIDEAU St #909, Ottawa Ontario K1N 0B7

2 days on market

Up to2K Cashback

242 RIDEAU St #909, Ottawa

Condo11700-799 sq ft

Listed by KELLER WILLIAMS INTEGRITY REALTY

Just sold - Lowertown

Patio, unknown for 179 George St #1602, Ottawa Ontario K1N 1J8

Sold 3 days ago

Sold for $260,000

$5K below asking

179 George St #1602, Ottawa

Condo11500-599 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 383 CUMBERLAND St #501, Ottawa Ontario K1N 1J7

Sold 5 days ago

Sold for $270,000

$30K below asking

383 CUMBERLAND St #501, Ottawa

Condo11600-699 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Home with brick exterior material, building for 309 Cumberland St #401, Ottawa Ontario K1N 7J1

Sold 5 days ago

Sold for $340,000

$8K below asking

309 Cumberland St #401, Ottawa

Condo22800-899 sq ft

Listed by KELLER WILLIAMS INTEGRITY REALTY

Patio, building for 179 GEORGE St #704, Ottawa Ontario K1N 1J8

Sold 12 days ago

Sold for $335,000

179 GEORGE St #704, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 242 Rideau St #2405, Ottawa Ontario K1N 0B7

Sold 15 days ago

Sold for $363,000

242 Rideau St #2405, Ottawa

Condo11600-699 sq ft

Listed by KELLER WILLIAMS INTEGRITY REALTY

Home with brick exterior material, building for 270 King Edward Ave, Ottawa Ontario K1N 7M1

Sold 15 days ago

Sold for $315,100

270 King Edward Ave, Ottawa

Condo22900-999 sq ft

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

Home with brick exterior material, street for 2 Prudhomme Private, Ottawa Ontario K1N 1G2

Sold 16 days ago

Sold for $715,000

$16K above asking

2 Prudhomme Private, Ottawa

Townhouse331500-2000 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 306 Cathcart St, Ottawa Ontario K1N 5C4

Sold 16 days ago

Sold for $730,000

$10K below asking

306 Cathcart St, Ottawa

Townhouse231500-2000 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Unknown for 242 RIDEAU St #2307, Ottawa Ontario K1N 0B7

Sold 17 days ago

Sold for $347,000

$21K below asking

242 RIDEAU St #2307, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Home with brick exterior material, street for 518 Clarence St, Ottawa Ontario K1N 5S2

Sold 18 days ago

Sold for $680,000

$60K below asking

518 Clarence St, Ottawa

Townhouse53- sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Population and Demographics

Overview

Total population 7958

Average household income $111,627

Age (%)

20 to 34

35%

35 to 49

18%

65 and plus

16%

50 to 64

16%

0 to 19

14%

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