City of Ottawa
and Ontario’s Municipal Property Assessment Corp.
The Ottawa Citizen
reports that in 2006 there were 402 properties in the city assessed as $1 million or more, while in 2015 there are 2,697.
Rockcliffe, Capital ward, Osgoode ward and Kitchissippi are among the neighbourhoods where seven-figure homes are becoming more prolific.
Along with Toronto and Vancouver, more Ottawans are being priced out of their own neighbourhoods.
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Investment Hot Spots:
Sainte-Pétronille, Lac-au-Brochet, Fonthill, New Minas, Wardner
The number of homes valued at $1 million or more has grown, according to data from the