April's Highlights & Market Shifts
April was a month of momentum in Ottawa real estate. With buyer confidence returning, more inventory on the market, and strategic sellers standing out, we’re seeing a shift toward balance. Here’s a quick look at what happened in the market, a few standout listings, and what it all means if you’re thinking about buying or selling in 2025.
Where to Invest in Ottawa Real Estate in 2025
Looking for a cash-flow-positive investment in 2025? Ottawa’s low vacancy rate (1.8%) and high rental demand continue to make it a top choice - but not every property delivers. In today’s market, duplexes and legal suites are outperforming high-fee condos.
Top neighbourhoods to watch:
Vanier: ~6.5% rental yield | Gentrifying with strong returns
Hintonburg/Mechanicsville: ~5.2% yield | Popular with young professionals
Barrhaven: ~4.8% yield | Family-friendly suburban growth
Sandy Hill: ~6.0% yield | High demand near uOttawa
Alta Vista: ~4.5% yield | Stable, professional tenants
Trends to Track in 2025:
New zoning rules = easier to legalize secondary units
LRT Stage 2 = transit-oriented value growth
Future rate decisions will impact financing opportunities
Short-term rental restrictions = know your zoning
Pro Tip: Focus on cash flow, legal units, and transit access — especially in up-and-coming or evolving areas.
Read more from Vineet Kauden HERE
Sold: Strategic, Fast, and in 24 Hours!
When our seller firmed up on her next home, she needed this sale to move just as quickly - no delays, no drawn-out conditions. Our strategy delivered.
Listed April 30th
628 views on Realtor.ca
5 private showings
2 strong offers
Sold firm in under 24 hours - no conditions
How? Smart pricing. We didn’t undercut the value - we positioned the home to attract serious buyers quickly and efficiently. The result? A smooth, stress-free sale that hit all our client’s goals: speed, security, and peace of mind.
Thinking of selling? Let’s build a strategy around your goals - not just the market.
Luke Thompson - Luke@NewPurveyors.com
Real Estate News
Interested in hearing more from our agents about real estate? Let’s dive into some of our top blog posts this month:
Ottawa’s Best Walkable Neighbourhoods
If you’re dreaming of ditching your car without sacrificing convenience, Ottawa has several walkable neighbourhoods that deliver. Centretown, Westboro, the Glebe, Hintonburg, and Sandy Hill offer a vibrant mix of shops, restaurants, parks, and easy access to public transit - making them ideal for anyone who wants daily errands, commutes, and weekend plans within walking distance. Whether you’re downsizing, buying your first home, or simply prioritizing lifestyle and accessibility, these neighbourhoods make it easy to live connected without relying on a vehicle.
How Much You need to Save to Buy a Home in Ottawa in 2025
Buying a home in Ottawa this year means planning well beyond just your down payment. With average prices ranging from $420,000 for condos to $760,000 for detached homes, most buyers should be prepared to save between $35,000 and $90,000 depending on their purchase. This includes your downpayment, closing costs like legal fees and land transfer taxes, an often-overlooked expenses like moving, insurance, and initial repairs. Saving 20% lets you avoid mortgage insurance, but many buyers are combining RRSP withdrawals, family gifts, or starting small and scaling up later. Knowing what to expect financially is the first step toward a confident home purchase in 2025.
What You Need to Know Before Selling Your Home in 2025
Selling. your home in Ottawa this year requires more than just listing it on MLS - today’s market demands strategy, preparation, and thoughtful execution. Pricing correctly is essential, especially with buyers who are more selective and value-conscious. Homes that are clean, bright, and well-presented consistently outperform those that aren’t, and professional marketing across multiple platforms is no longer optional. Your first week on market is the most important, and timing your listing to align with personal goals - not just the season - can make all the difference. At New Purveyors, we craft a plan around your success, not just the sale.
FirstList (formerly Knokd)
Discover the hidden world of off-market real estate with FirstList! Did you know that 1 in 3 properties are shared off the public market as "Coming Soon" or "Exclusive"? Gain access to this exclusive inventory and elevate your home search or listing strategy today!
FirstList offers personalized approaches tailored to your needs, providing targeted and discreet exposure for listings before they hit the open market. Say goodbye to one-size-fits-all listings and hello to a customized real estate experience.
Contact your agent for more information on listing your property exclusively!
Ourboro
At New Purveyors, we're excited to introduce Ourboro's co-investment partnership—a game-changing solution to expedite your path to homeownership. By co-investing with Ourboro, you can secure a 20% down payment without additional debt, gaining access to expert guidance and a competitive edge in the market. Contact us to learn more and unlock your dream home sooner!
Neighbourhood Monthly Statistics
Momentum is picking up in Ottawa’s real estate market, with 1,306 homes sold in April—an 18.4% increase from March, though still down 11.2% from last year. OREB President Paul Czan says buyers are returning with more confidence and caution, while sellers are adjusting to longer days on market. Strategic pricing and proper presentation remain key.
Prices:
Overall benchmark price: $631,200 (↑ 1.1% YoY)
Single-family: $703,200 (↑ 1.0%)
Townhomes: $440,000 (↑ 4.4%)
Condos: $404,000 (↓ 2.8%)
Average sale price: $707,180 (↑ 0.4%)
Inventory & Listings:
New listings: 2,589 (↓ 3.8% YoY, but still above 5- and 10-year averages)
Active listings: 4,878 (↑ 54.2%)
Months of inventory: 3.7 (was 2.2 in April 2024)
More supply and cautious buyers = a shift toward balance. Keep an eye on federal housing policy rollouts that could impact affordability and inventory.
To learn more, check out our full blog post HERE
Pet of the Month
Meet Louis! Louis is a 3 year old Sphynx Cat and in the winter, he actually grows some fur on his paws!
Send us your pets for the chance to be featured next month!
