The Royal LePage survey finds that the total price of a home was $800,300 in the second quarter. That’s down from $809,200 in the first quarter.
Royal LePage Performance Realty broker of record John Rogan says the seasonal summer slowdown in activity and expected further rate hikes will put some downward pressure on prices in the coming months.
However, Royal LePage projects that the overall price of a home in Ottawa will increase by 10 per cent in the fourth quarter of 2022, compared to the same quarter last year. The total price will be $813,670 in the last three months of the year.
The Ottawa Real Estate Board reported home sales fell for a fourth straight month in June as higher interest rates and inflation weigh on the real estate market.
CTVNewsOttawa.ca looks at what you can buy for the total price of a new home in the second quarter. Here’s what $800,300 will buy you in nine Ottawa neighborhoods in July.
The two-story home in the Heritage Park community is listed at $799,900.
“The bright kitchen, open dining area and sunlight flood the living room. With plenty of space for entertaining, this home offers a fully finished basement and plenty of storage,” says the Realtor.ca listing.
“There is also a dirt driveway for a future bathroom. Upstairs includes three large bedrooms with plenty of sunlight, as well as a full bath and amazing bathroom!”
A look at a three bedroom home for sale in the Barrhaven community of Heritage Park. (realtor.ca/website)
The townhouse located on a corner lot in Beacon Hill South is listed for $799,900.
According to the Realtor.ca listing, the home has three bedrooms and three bathrooms. The spacious master bedroom includes a three-piece bathroom and walk-in closet.
“A home to many schools, shopping, recreation, LRT, minutes from downtown including scenic Rothwell Heights and the Ottawa River.”
A three bedroom townhouse for sale on Marrissa Avenue in Beacon Hill. (realtor.ca/website)
This bungalow on a quiet cul-de-sac steps from LeBreton Flats and the Ottawa River is on the market for $799,000.
According to the Realtor.ca listing, there are two bedrooms.
“The main floor features an open space with formal living and dining areas that open to an updated kitchen with an electric range, butcher’s counters and plenty of cabinets,” the Realtor.ca listing says.
“Two well-proportioned bedrooms and an upgraded master bath round out the main floor. You’ll find a large recreation room, two utility rooms, and a second bathroom in the basement. A spacious fenced yard with an interior patio expands the summer living space and also offers two parking spaces.”
A bungalow for sale on Perkins Street in the Centretown neighborhood of Ottawa. (realtor.ca/website)
This one-story home in Hintonburg is on the market for $799,000.
“This house has interior grandeur!!” says the Realtor.ca listing
“The 2016 renos include a fantastic Muskoka kitchen design with a breakfast bar and a convenient workstation,” the listing states.
“Relax in the spa bath and enjoy the heated floor and soaking tub. The main floor laundry room is perfectly located off the kitchen. The master bedroom is generous enough for a king. The back room currently used as a family room /office could be converted into a bedroom’.
The listing says the lower level includes a recreation room, bedroom with two-piece bath and storage.
A look at a bungalow for sale on Beverley Avenue in Ottawa’s Hintonburg neighbourhood. (realtor.ca/website)
This four-bedroom, four-bathroom single-family home in Kanata’s Bridlewood community is on the market for $799,900.
“Close to schools, parks and public transportation, this is a perfect home for a family or anyone looking for a great investment opportunity!” says the Realtor.ca listing.
There is a fully fenced yard with gazebo and a fully finished basement.
A look at the master bedroom of a home for sale on Rein Terrace in Kanata. (realtor.ca/website)
This three-bedroom, three-bathroom home in Ottawa’s Chapel Hill South neighborhood is on the market for $799,800.
“Imagine hosting friends and enjoying the evening sunset on your private patio overlooking NCC wooded land! While this home not only offers an incredible backyard, it has also been beautifully updated,” says the Realtor.ca listing.
The large master bedroom includes a show stopper ensuite with claw foot bag, while the large family room features a gas fireplace.
A look at a home for sale in Gladewoods Place in Ottawa’s Chapel Hill South neighborhood. (realtor.ca/website)
This three-bedroom, three-bathroom townhouse located in Riverside South is on the market for $799,900.
It is minutes from the Vimy Memorial Bridge and offers easy access to all amenities.
“The main floor is greeted by a bright and inviting foyer, upgraded hardwood floors, spacious living room, dining areas. Gourmet kitchen with granite counters, large island, stainless steel appliances,” says the Realtor.ca listing.
“Upstairs has three spacious bedrooms, bright and spacious master bedroom with walk-in closet and luxury five-piece bathroom, two good-sized secondary bedrooms with loft, second floor laundry room.”
A look into the kitchen of a home for sale in Guardian Grove in Ottawa’s Riverside South neighborhood. (realtor.ca/website)
The three-bedroom, two-and-a-half-bathroom single-family home in the Stittsville neighborhood of Fairwinds is on the market for $799,900.
According to the Realtor.ca listing, the home is minutes away from Highway 417, Tanger Outlets, Canadian Tire Center and Hazeldean Road.
“The large, open kitchen overlooks your bright living room, with a gas fireplace,” says the listing on Realtor.ca. “Rich, well-maintained hardwoods throughout the home. Large master bedroom with huge walk-in closet, luxury bath and laundry on the upper level.”
This home at 1782 Maple Grove Road in Stittsville is on the market for $799,900. (realtor.ca/website)
This three-bedroom, four-bath Vanier North townhouse is on the market for $799,800.
According to the Realtor.ca listing, the home is four blocks from Richelieu Park and close to Beechwood shops and amenities.
“The kitchen features granite counters, an eat-in area with sliding doors leading to a fenced yard and an entertainment-sized deck with gazebo, a wonderful space to relax and unwind,” the listing says.
“Upstairs a large master suite with a walk-in closet and bath. Two secondary bedrooms and another full bath complete this level. The basement has an egress size window, a fourth full bath, laundry and a perfect family/recreation room for movie nights, home gym and hanging out with friends.’
A townhouse on Shakespeare Street in Vanier North is on the market for $799,900. (realtor.ca/website)
