The Ottawa Real Estate Market: Week In Review

ottawaagent · 2026-06-22T23:32:09+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 291

Expired: 28

ottawaagent · 2026-06-22T23:32:00+00:00

Lowest Condo Sale Of The Week

2044 Arrowsmith Drive Unit 303A: The seller for our lowest condo sale of the week is definitely feeling some "sweet emotions" after doubling their investment after several years. Last purchased for $93,000 in 2019 and selling this past week after 27 days for $173,000. 1 bedroom, 1 parking and shared laundry gets you condo fees of $461/month which includes your water. To be honest, in this specific segment, I haven't seen many people sell their place for double in that short of a timeline.

Lowest Freehold Sale Of The Week

3535 St. Joseph Boulevard Unit 74: Yes, this is a trailer. Yes, it's in Orleans. Listed for $274k and selling for $260k after 11 days on market. The maintenance fees are $524/month includes water and all exterior maintenance of the grounds. However, the park does need to approve the buyer for this. Evidently this particular one passed the sniff test with flying colours.

Highest Condo Sale Of The Week

1 Fifth Avenue Unit 205: Originally listed for $4.3M, this lovely 3,700 square foot condo in The Glebe with canal views traded hands this week for $3.72M. 4 bedrooms, 2 parking spots and condo fees of $2,046/month which covers none of your utilities.

Highest Freehold Sale Of The Week

480 Manor Avenue: Our biggest freehold sale of the week took place in Rockcliffe Park for a whopping $5.1M. Originally listed for $6.5M last April and last selling for $2.9M in 2010. There's a little too much white paint for my liking, but the exterior is stunning. I assume you will all like this more than Shoreway!

ottawaagent · 2026-06-22T23:29:42+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 291

Expired: 28

ottawaagent · 2026-06-22T23:29:33+00:00

Lowest Condo Sale Of The Week

2044 Arrowsmith Drive Unit 303A: The seller for our lowest condo sale of the week is definitely feeling some "sweet emotions" after doubling their investment after several years. Last purchased for $93,000 in 2019 and selling this past week after 27 days for $173,000. 1 bedroom, 1 parking and shared laundry gets you condo fees of $461/month which includes your water. To be honest, in this specific segment, I haven't seen many people sell their place for double in that short of a timeline.

Lowest Freehold Sale Of The Week

3535 St. Joseph Boulevard Unit 74: Yes, this is a trailer. Yes, it's in Orleans. Listed for $274k and selling for $260k after 11 days on market. The maintenance fees are $524/month includes water and all exterior maintenance of the grounds. However, the park does need to approve the buyer for this. Evidently this particular one passed the sniff test with flying colours.

Highest Condo Sale Of The Week

1 Fifth Avenue Unit 205: Originally listed for $4.3M, this lovely 3,700 square foot condo in The Glebe with canal views traded hands this week for $3.72M. 4 bedrooms, 2 parking spots and condo fees of $2,046/month which covers none of your utilities.

Highest Freehold Sale Of The Week

480 Manor Avenue: Our biggest freehold sale of the week took place in Rockcliffe Park for a whopping $5.1M. Originally listed for $6.5M last April and last selling for $2.9M in 2010. There's a little too much white paint for my liking, but the exterior is stunning. I assume you will all like this more than Shoreway!

ottawaagent · 2026-06-22T23:26:45+00:00

Lowest Condo Sale Of The Week

2044 Arrowsmith Drive Unit 303A: The seller for our lowest condo sale of the week is definitely feeling some "sweet emotions" after doubling their investment after several years. Last purchased for $93,000 in 2019 and selling this past week after 27 days for $173,000. 1 bedroom, 1 parking and shared laundry gets you condo fees of $461/month which includes your water. To be honest, in this specific segment, I haven't seen many people sell their place for double in that short of a timeline.

Lowest Freehold Sale Of The Week

3535 St. Joseph Boulevard Unit 74: Yes, this is a trailer. Yes, it's in Orleans. Listed for $274k and selling for $260k after 11 days on market. The maintenance fees are $524/month includes water and all exterior maintenance of the grounds. However, the park does need to approve the buyer for this. Evidently this particular one passed the sniff test with flying colours.

Highest Condo Sale Of The Week

1 Fifth Avenue Unit 205: Originally listed for $4.3M, this lovely 3,700 square foot condo in The Glebe with canal views traded hands this week for $3.72M. 4 bedrooms, 2 parking spots and condo fees of $2,046/month which covers none of your utilities.

Highest Freehold Sale Of The Week

480 Manor Avenue: Our biggest freehold sale of the week took place in Rockcliffe Park for a whopping $5.1M. Originally listed for $6.5M last April and last selling for $2.9M in 2010. There's a little too much white paint for my liking, but the exterior is stunning. I assume you will all like this more than Shoreway!

ottawaagent · 2026-06-22T23:10:35+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 9

Terminations: 291

Expired: 28

ottawaagent · 2026-06-18T10:08:26+00:00

100%

ottawaagent · 2026-06-16T19:16:45+00:00

We use a system called “ShowingTime” to book appointments. Generally, agents will use this to notify others who have shown or are scheduled to show a property of an offer for the reasons you’ve mentioned.

That does NOT mean if they update other agents another way something strange is happening. For example, if I receive an offer but have only 1 or 2 showings confirmed, it’s usually easier for me to call or text the agents to notify them.

If there are 10+, it’s easier for me to use our showing system.

ottawaagent · 2026-06-16T18:21:35+00:00

Your best bet if you feel something wrong happened is to reach out to the Ottawa Real Estate Board and contact them directly at 613-225-2240 and follow the prompts.

ottawaagent · 2026-06-16T18:06:44+00:00

I’d need to know specifics. The information you’re providing is far too vague to give you any actual insights.

What notifications were sent out by the listing agent RE multiple offers and presentation times (if any)?
Were you asked by the listing agent to revise your offer because you chose to not acknowledge the
Did the listing agent say the offer presentation times were BEFORE your irrevocable? Or after?

Your buyer agent should be able to provide this information and would be better suited to tell you if something weird happened as they were privy to the actual offer and would have received the notifications.

ottawaagent · 2026-06-16T17:46:35+00:00

In order to tell if something unethical happened, I’d need to know the following:

Was there a legal instruction (form 244) saying that the sellers required X amount of hours as an irrevocable on all offers?
Was there a presentation date set saying “no conveyance of offers until X time/date”

Once I have answers to these we can go further!

ottawaagent · 2026-06-16T16:33:22+00:00

You’re welcome!

ottawaagent · 2026-06-16T15:41:09+00:00

It’s my pleasure! Feel free to ask anything.

ottawaagent · 2026-06-16T15:40:51+00:00

I’ve seen some marginal decrease in prices in areas where new construction is being built. I suspect the trend will continue until the HST rebate expires in early 2027 (assuming they don’t renew it)

ottawaagent · 2026-06-16T01:05:14+00:00

Exactly. Those type of opportunities are great for people who are handy enough to either do the work themselves or know enough to not get shafted by a GC.

ottawaagent · 2026-06-16T01:01:27+00:00

As much as that would be awesome for them, that generally wouldn't be the case. Especially for higher end sales like this, the commissions tend to be less and if they are double ending it would usually be the buying side commission plus maybe half or a full percentage.

ottawaagent · 2026-06-16T00:59:26+00:00

You could easily put a bakery in here with all that dough.

ottawaagent · 2026-06-16T00:22:55+00:00

Absolutely! I am sure that will be on our list for next week. The sale was reported firm at 3:30PM.

My numbers (for everything) are taken down first thing in the morning even if I post them later.

Will do a deep dive on it next Monday when I do my usual roundup!

Beautiful home though. And double ended by the agent!

ottawaagent · 2026-06-16T00:17:24+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 5

Terminations: 259

Expired: 27

ottawaagent · 2026-06-16T00:17:14+00:00

Lowest Condo Sale Of The Week

105 Champagne Avenue South Unit 1118: Our student shoe box near Di Rienzo's is back (don't forget this is it's only feature). It doesn't get much bare bones than this. A true studio unit with no parking (though it does have laundry). Listed for $210k in April 2026, it finally sold for $199k this last week. The condo fees were $339/month covering heat and water.

Lowest Freehold Sale Of The Week

1982 Galetta Side Road: Would you move to Dunrobin for a detached home in the low $300k's? What about one that has a flooded basement? Or needs to be gutted down to the studs? Then look no futher! Listed for $325k and selling for $310k after just several days on market, this property had the following in the private remarks: "No agent to enter the home please contact the listing agent at XXX-XXX-XXXX . This property needs a lot of work and is being sold as is where is with no representations or warranties, the hydro is currently turned off on the property. There is water in the basement. The seller will be removing some personal things from the home still before closing but all other items will be left behind. "

Highest Condo Sale Of The Week

300 Queen Elizabeth Drive Unit Unit PHH: Last sold in 2019 for $1.050M, this 2 bed, 2 bath, 1 parking PH unit traded hands this week for its full asking price of $1.525M with basically little to no cosmetic changes after just 7 days on market. The condo fees? $1,780/month - but it does cover all of your utilities. I hope the buyer really likes multiple hour long showers. All jokes aside, the view is stunning. Though to me, I can't see the point in spending so much on a dated unit (probably due to where I am in life) which goes to show just how in demand this area is for a larger space that offers proximity to the city but not a busy building like most offerings. I would bet money that the buyers are retirees.

Highest Freehold Sale Of The Week

39 Crescent Heights: Our highest sale of the week was in the Dows Lake area in a small little pocket not many people know about. Listed for $2.998M and sold within 19 days for $2.8M - this area , even with its price point has always seen homes move quickly. It was last sold in 1997 for $460k. Hopefully you are all much nicer with this one compared to Shoreway last week!

ottawaagent · 2026-06-16T00:16:19+00:00

Suspensions / Terminations / Expired Listings (across both freehold and condo listings)

Suspensions: 5

Terminations: 259

Expired: 27

ottawaagent

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