You’ve most likely noticed by now that the visible differences in property pricing across the largest cities in Canada continues to be a hot topic. The Toronto real estate market in particular has stood out as one of the priciest of all. As it turns out, for the cost of a simple studio apartment in Queen City you can actually purchase a multi-room single-family home in a number of other large cities across Canada. After getting a glimpse of what Edmonton and Calgary had to offer, it’s now time to see what Ottawa has in store for a price tag between $180K and $350K.
Here are 5 magnificent properties for sale in Ottawa for the same price as a studio in Toronto:
#1 Well-Maintained Property – Haxby Private, 2 bedrooms, 2 bathrooms, $182,000
Located in the Hunt Club, an area just south of Downtown Ottawa, this inviting and well-maintained 2-bedroom, 2-bath home offers three levels of fully finished living space, a single-car garage and proximity to all necessary amenities. The spacious main level comes with a bright living area, a separate dining area and a well-equipped kitchen. You can find two bedrooms, a full bathroom and laundry facilities on the upper level, whilst the basement boasts a storage room and a generous rec room which is perfect for entertaining guests.
#2 Newly-renovated Family Home – 3303 Hogarth Avenue, 3 bedrooms, 2 bathrooms, $224,900
This turn-key 3-bedroom townhome in the Blossom Park real estate market has been newly upgraded throughout. The laminate floors and brand new bathrooms, along with the high-end appliances and the fresh cupboards in the kitchen, are just a few of the many renovations the house has recently seen. The open-concept layout of the living and dining area is ideal for entertaining, just like the large rec room found in the fully finished basement. Upstairs you’ll find 3 generously sized bedrooms and a brand new bathroom. The home can be found on a low-maintenance, fully fenced yard within walking distance of shopping, restaurants, schools and public transit.
#3 Affordable Place for First-time Buyers – 2627 8th Line Road, 3 bedrooms, 2 bathrooms, $265,500
Located at the south-eastern border of the city, in the Metcalfe neighbourhood, this charming single-family home is set to impress. Situated on spacious private grounds dotted with mature trees, the property comes with lots of space for a potential garage, a pergola and even a children’s playground. Once you step inside, you’ll be greeted by a large living area with a fireplace, a freshly-upgraded kitchen with classic accents, and a majestic staircase. The upper level boasts 3 good-sized bedrooms, 2 baths and a separate office nook. The property’s proximity to schools, parks and shops is an additional asset.
#4 Modern Gem – 184 Den Haag Drive, 2 bedrooms, 3 bathrooms, $306,900
If it’s a contemporary base you’re looking for, then you definitely need to check out this lovely 1,295-square-foot home in the Carson Grove real estate market. The three-level townhome is part of the highly sought-after Aviation Private development complex, just steps away from public transportation. On the main level you’ll find a gourmet kitchen with ceramic floors and stainless steel appliances, situated adjacent to a bright living area and dining nook with hardwood floors. The upper level boasts a convenient powder room, while the lower level houses the bedrooms, the laundry room and the separate storage room. The property also comes with a designated parking spot.
#5 Extensively Renovated Bungalow – 1142 Dunning Road, 3 bedrooms, 1 bathroom, $349,900
Last but not least we have this newly renovated, bungalow-style home in the Cumberland Village – Beckett Creek neighbourhood. This is the ideal choice for those in search of country living in the city. The property boasts a huge private lot with plenty of mature trees and even a small cabin in the woods at the top of the hill. Upgrades to the home include a brand new roof, a fully renovated kitchen, updated windows and doors and a new Culligan water system. The basement has also seen its fair share of renovations, boasting an office, 2 bedrooms, an exercise room, a utility room and plenty of storage space. Besides all these perks, the property’s proximity to the hockey arena, children’s parks, the farmers market and public transportation is an additional advantage.
To summarize, the Ottawa real estate market currently boasts a fantastic variety of properties, ranging from attached homes at the periphery of the city to multi-level detached houses closer to the centre, and some of them are the same price as a Toronto studio! Queen City is undoubtedly one of the best places to live in all of Canada, but before you go out house-hunting, are you positive that actually sleeping in your living area just to be in Toronto is the choice for you? Maybe you would prefer to put down your roots in the country’s capital, and get a much larger home for the exact same price!