What to Know about Ottawa’s Vacant Unit Tax

January 25, 2023

If you own a residential property in Ottawa, you’ve likely heard about the city’s new Residential Vacant Unit Tax (VUT). The city sent letters in November to property owners to inform them of the new tax and explain how to declare the occupancy status of their properties by the deadline of...

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A Look at Ottawa House & Condo Prices: 2012 to 2022

January 23, 2023

If you’ve been considering selling your house or condo in Ottawa, you’ve probably heard that in our city and others across Canada, the hot sellers’ market of the past few years has cooled and become a balanced market. For much of the pandemic, with little inventory and interest rates at historic...

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Ottawa’s Resale Market 2022

January 6, 2023

The official numbers for 2022 are in, and average sale prices for residential properties and condo units in Ottawa were up 7 and 8 % over 2021 prices, despite the cooling market in the second half of the year. The average sale price for a residential-class property in Ottawa in 2022...

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