As the average price of residential property in the Ottawa real estate market is rising above $400,000, it’s getting harder and harder to find a nice home in the city for an affordable sum. It’s somewhat understandable that Canada’s capital, located in the southern part of the Ontario real estate market, is quite an in-demand location for homebuyers, and this contributes to the increase in prices. Luckily, a few good bargains are still left in the city for which you won’t have to break the bank.
Here are a few of the units you can get in O-Town for less than $150K:
#1 915 Elmsmere Road, 1 bedroom, 1 bathroom, $145,000
First on our list is this lovely one-bedroom unit which is in a popular development complex and is a good example of the convenience of Beacon Hill real estate. The building is close to numerous amenities, including parks, banks, shops, public transit and even the highway. It also offers plenty of recreation opportunities to its tenants, including an outdoor swimming pool, 2 party rooms, saunas, an exercise room and a playground. The apartment itself boasts a bright, spacious living and dining area, a good-sized bedroom and an upgraded bathroom. The kitchen is fully-equipped with all the necessary appliances and plenty of cabinet space.
#2 1408 Tanguay Court, 2 bedrooms, 2 bathrooms, $147,500
This bright 2-bedroom, 2-bath home in the Katimavik-Hazeldean real estate market is our second choice of a beautiful listing with great value under $150K. The unit can be found in a family-friendly area, merely steps away from schools, parks and shops. It offers access to the community’s outdoor swimming pool and features a private outdoor patio. Inside you’ll find a huge living room with big windows and a fireplace, a fully-equipped kitchen, good-sized bedrooms, in-suite laundry and 2 separate washrooms.
#3 740 Morin Street, 3 bedrooms, 2 bathrooms, $149,900
Concluding our list is this large 3-bedroom end unit, a fine example of Castle Heights real estate, an area in north-eastern Ottawa. It is located conveniently close to the hospital, shopping centre, high schools and restaurants. The home comes with parquet floors, high ceilings and big windows throughout. It boasts a large living area, a fully-equipped kitchen on the main level and 3 large bedrooms with a full bathroom on the upper level. The rec room and the second washroom on the lower level are only partially finished, so you can add your own touches to them. Another highlight of the unit is its fully-fenced back yard and the designated parking space right in front of the house.
For more options, you can look through the Ottawa condos for sale and the Ottawa single family homes for sale. If you’re interested in what else the area has to offer, take a look at the condos for sale in Mississippi Mills and the new listings in Kemptville.