City has launched the Housing Acceleration Plan (HAP), backed by $176.3 million in federal funding through the Housing Accelerator Fund.

The plan is designed to fast-track housing construction, modernize zoning, and support affordable housing providers.

Core Targets and Goals

• 37,500 new homes by 2026, including over 2,000 affordable units.

• 90% of federal funding is directed to non-profit and co-op housing providers.

• 10% of funding supports enabling projects like land preparation, office-to-residential conversions, and zoning updates.

• Special emphasis on family-sized rental units, supportive housing, and mixed-income neighbourhoods.

Key Initiatives

1. Faster Development Approvals

• Streamlined planning and permit processes to reduce delays.

• Simplified site plan rules and digital tools to track applications.

• Faster release and preparation of city-owned land for housing projects.

2. Zoning Reform

• Updating Ottawa’s zoning by-law to allow more “missing middle” housing (duplexes, triplexes, low-rise apartments).

• Expanding permissions for higher density near major transit hubs.

• New inclusionary zoning requiring private developers to include affordable units in larger projects.

3. Strengthening Non-Profit Housing

• Direct investment into shovel-ready projects led by non-profits and co-ops.

• Grants for early-stage development and land acquisition.

• Ensuring that community-based housing providers have stable funding to deliver affordable units faster.

4. Incentives for Builders

• Waived development charges, tax breaks, and forgivable loans for affordable housing.

• Citywide Affordable Housing Community Improvement Plan (CIP) to expand grants and financial supports.

• Incentives for private developers who dedicate part of their projects to affordability.

5. Smarter Use of Land and Buildings

• Conversion of underused office and commercial spaces into housing.

• Redevelopment of surplus city-owned lands for affordable and supportive housing.

• Partnerships with public agencies to unlock more land for residential use.

Ottawa is changing the way neighbourhoods are zoned. The old system (R1, R2, etc.) is being replaced with new rules (N1, N2, etc.) to make housing easier to build and more affordable.

What’s New?

• Simpler zones: R1/R2 are now N1/N2 with clearer rules.

• More housing options: Triplexes and small multi-units allowed in more areas.

• Lower building heights in some areas: 8.5–11m, keeping neighbourhoods low-rise.

• Parking rules relaxed: Fewer mandatory spots needed.

• Easier approvals: Fewer variances required.

Example: R1/R2 → N1/N2

• Before (R1/R2): Mostly single or semi-detached homes, strict parking and density rules.

• Now (N1/N2): Single homes, semis, triplexes, and small multi-units allowed as-of-right. More flexible density and reduced parking requirements.

Quick Comparison

Concerns & Criticisms

• Neighbourhood changes: More multi-units may increase traffic, noise, and density in areas used to single-family homes.

• Parking pressure: With reduced requirements, residents may struggle to find on-street parking.

• Infrastructure strain: Added density could stress schools, transit, water, and sewers if upgrades don’t keep pace.

Bottom Line

Ottawa’s new zoning law is designed to make it easier to build different types of housing, keep neighbourhoods livable, and support future growth. But it also raises concerns about parking, infrastructure, and how neighbourhoods will change.

What is Build Canada Homes?

• A new federal housing agency created with $13 billion in start-up funding.

• Mandated to deliver affordable housing at scale, focusing on non-market homes, supportive housing, and middle-class options.

• Led by Ana Bailão, former Toronto Deputy Mayor with extensive housing policy experience.

How Will Build Canada Homes Work?

The strategy is built on three key pillars:

• Unlocking Public Lands

  • Federal land will be made available for housing development.

  • This reduces land costs, one of the biggest barriers to affordability.

• Modern Construction Methods

  • Factory-built, modular, and mass timber housing will be prioritized.

  • These approaches cut construction timelines by up to 50% and lower costs by about 20%.

  • They also reduce environmental impact and support more sustainable communities.

• Buy Canadian Policy

  • Construction will prioritize Canadian lumber, steel, and other materials.

  • This strengthens domestic supply chains and creates Canadian jobs.

First Announcements Under Build Canada Homes

The federal government has already laid out some major first steps:

• 4,000 new factory-built homes to be constructed on six federal sites.

• Potential to expand up to 45,000 housing units across the full federal land portfolio.

• A $1.5 billion Canada Rental Protection Fund to preserve affordable rentals

• $1 billion for transitional and supportive housing, targeting people experiencing homelessness

City-By-City Snapshot: 

Build Canada Homes will begin with six cities across Canada — plus a major project in Nunavut. Here’s what we know so far:

• Dartmouth, Nova Scotia
  − One of six federal land sites for the first ~4,000 factory-built homes.
  − Exact locations and unit types still to be confirmed.

• Longueuil, Quebec
  − Identified for modular and factory-built housing.
  − Full project details yet to be released.

• Ottawa, Ontario
  − Construction expected to begin as early as next year.
  − Federal lands in the Canada Public Land Bank may be used for sites.

• Toronto, Ontario
  − Selected as one of the first project locations.
  − Site specifics and unit counts still in progress.

• Winnipeg, Manitoba
  − Included in the first round of federal land projects.
  − Awaiting details on land, unit numbers, and project scope.

• Edmonton, Alberta
  − Confirmed as part of the initial group.
  − Local project planning and approvals still pending.

• Nunavut
  − Over 700 new homes planned in partnership with the Nunavut Housing Corporation.
  − About 30% of units will be built off-site for faster and more efficient delivery in northern conditions.

History: Post-World War II Housing Policies – Canada

Canada has a history of federal housing programs to address shortages:

• After WWII (1945–1960s), Canada faced a housing shortage due to returning soldiers and population growth.

Key initiatives:

• Central Mortgage and Housing Corporation (CMHC), established in 1946, provided mortgage insurance, low-cost loans, and built public housing.

• National Housing Act Amendments (1949 onward): Encouraged private and public housing construction, especially rental units for working families.

• Large-scale public housing projects were built in cities like Toronto, Montreal, and Vancouver.

Conclusion

Build Canada Homes is a major federal initiative using public land and modular construction to deliver affordable housing in Canada. The program is designed to address the country’s housing shortage, providing thousands of new homes for families, seniors, and vulnerable populations. By combining modern construction methods, faster delivery, and cost-effective solutions, Build Canada Homes aims to make housing more accessible, sustainable, and affordable for Canadians.

What’s Happening: The Expected Rate Cut

• The Bank of Canada (BoC) is meeting on September 17, 2025 and many economists and markets are expecting a 0.25% cut in the policy interest rate.

• The current BOC overnight rate is 2.75%, set in the March.

• Canadian Banks prime rate set at 4.95% (BOC overnight rate + 2.2% spread).

• The rationale includes signs of a cooling labour market, rising unemployment, inflation easing toward the BoC’s target range, and broader economic softening.

📊 Potential Effects of a Bank of Canada Rate Cut on Ottawa Real Estate

🔻 Mortgage Rates
➡️ Lower prime rates → cheaper variable mortgages + some relief for renewals.

🏡 Homebuyer Demand
➡️ More buyers, especially first-timers, likely to re-enter the market.

💲 Home Prices
➡️ Demand may push prices higher short term; long-term growth depends on supply.

📈 Seller Behavior
➡️ More sellers may list as financing costs ease → could add inventory.

💼 Investor Activity
➡️ Lower borrowing costs make Ottawa real estate more attractive for investors.

⚖️ Housing Affordability
➡️ Lower payments help, but high prices and construction costs remain a challenge.

What This Means If You’re Buying, Selling, or Investing in Ottawa

• Buyers: This could be a good window to lock in financing, especially if you were waiting for rates to trend down.  

• Sellers: You might see more buyer activity. Pricing realistically and timing your listing just after the cut could be strategic.

• Investors: Lower rates improve yield calculations, so investment deals might look better, especially for rental properties. But ensure you account for operating costs, taxes, and potential vacancy.

Risks & Considerations for Ottawa

While the rate cut is broadly positive for easing borrowing costs, there are caveats:

• Inflation risk: If inflation remains sticky, it might limit how far or how soon the BoC can cut further.

• Lag effect: Interest rate changes don’t immediately show up in fixed mortgage rates or home construction costs. Ottawa’s market may take some months to reflect the full effects.

• Supply constraints: Even with cheaper financing, if there isn’t enough new housing supply, price pressure will persist.

• Economic uncertainty: Employment losses, weaker consumer spending, or negative shocks (trade, energy, policy changes) could dampen demand despite lower rates.

Ottawa Market Snapshot: What To Watch

For Ottawa-specific signals, keep an eye on:

1. Mortgage application volumes — are more people applying, especially in suburban areas?

2. Inventory levels — new listings versus active listings, especially for detached homes vs condos.

3. Home price trends — are average sale prices accelerating, or stabilizing?

4. Time on market — how quickly are properties selling post-rate cut compared to before?

5. Renewal rates for mortgages — many borrowers in Ottawa have mortgages renewing in the next 12-24 months; the rate cut may help reduce payment shock on renewal.

📲 Thinking of buying, selling, or investing in Ottawa real estate? I am Jai Patel, your trusted Ottawa Realtor. Contact me today! 613.404.8706

The Ottawa housing market in August 2025 demonstrated a classic seasonal pattern: inventory increased, but buyer demand remained steady.

Key Highlights – August 2025

• Sales & Prices:

  • 1,236 homes sold in August 2025

  • Average sale price: $686,536 (+3.6% YoY).

  • Total sales volume: $850M (+16% YoY).

• Inventory & Listings:

  • 2,121 new listings

  • 3,971 active listings

• Market Dynamics:

  • Elevated inventory gives buyers more choice and negotiating power.

  • Seasonal slowdown expected before fall market picks up.

  • Townhouses performing best, while condos remain under pressure.

  • Broader economic and provincial trends (employment, Ontario housing supply, U.S. trade policies) may influence fall conditions.

Looking to buy or sell in Ottawa? Contact me 613.404.8706 today to get personalized market insights and expert guidance for your next real estate decision.

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Ottawa’s housing market stayed strong in July 2025, showing steady demand, moderate price growth, and balanced inventory despite slowdowns in other Ontario cities.

Key Ottawa Housing Market Stats – July 2025

• Home sales: 1,318 (+4.9% year-over-year)

• Average home price in Ottawa: $695,209 (+2.2%)

• Year-to-date average price: $702,840 (+3%)

• New listings: 2,549 (+11.7%)

• Active listings: 4,205 (+14%)  – 23.6% above the 5-year average

• Months of inventory: 3.2  – Balanced market

Ottawa Home Prices by Property Type

• Single-family homes:

  674 sales (+3.4%)

  Benchmark Price $704,800 (+2%)

• Townhouses:

  436 sales (+22.5%)

  Benchmark Price $468,000 (+8.3%)

• Condos:

  Benchmark $411,900 (-1.6%)

  181 sales (-23%)

Market Outlook

With a stable employment base and consistent population growth, Ottawa is less prone to dramatic price swings. Rising inventory means more choice for buyers, while sellers benefit from continued healthy demand.

Overall, the market remains balanced heading into fall — positive news for both buyers and sellers in the Ottawa real estate market.

Purpose:

The TMP is Ottawa’s long-term strategy (to 2046) to guide the development of its transportation system—transit, roads, cycling, and walking—in alignment with population growth, intensification, climate, and mobility goals.

A. Transit Projects

B. Road Projects – Priority Road Network

Phase 1 (2025–2037)

Phase 2 (2037–2046)

C. Park-and-Ride Transit Facilities

With relatively lower average prices compared to cities like Toronto and Vancouver, Ottawa remains attractive for real estate investors in 2025.

What Makes Ottawa Attractive:

• Stable government and tech-sector jobs

• Growing population of students and immigrants

• Low vacancy rates (currently at 1.5%)

• Strong rental yields in suburban and central districts

🧠 Expert Tips for Buyers and Sellers

✅ Buyers:

• Get pre-approved before touring homes; many listings are receiving multiple offers again.

• Focus on neighborhood amenities (schools, transit, parks) that support long-term value.

• Consider townhomes or stacked condos in areas like Riverside South or Greely for better affordability.

✅ Sellers:

• Staging matters more than ever—buyers expect turnkey homes.

• Price realistically based on comparables from the past 60 days.

• Homes listed with professional photos and video tours tend to sell 15–20% faster.

🌟 What's New in Ottawa Real Estate – July 2025

• Light Rail Transit (LRT) Expansion: Phase 2 is nearing completion, impacting property values near future stations in Moodie, Algonquin, and Trim.

• Short-term rental laws: New city by-laws are changing the way Airbnb properties are managed. Investors need to stay compliant with licensing rules.

• Green building incentives: The City of Ottawa is offering grants for energy-efficient upgrades—great news for homeowners and builders.

𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟱 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

𝐒𝐚𝐥𝐞𝐬 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲:

1,602 homes sold in June 2025

𝐏𝐫𝐢𝐜𝐢𝐧𝐠:

Average sale price: $723,152 (+5.2%)

Single-family homes: $707,600 (+1.6%)

Townhomes/row units: $467,900 (+9.0%)

Apartments: $411,500 (-0.6%)

𝐈𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲:

New listings: 2,933

Active listings: 4,350

Months of inventory: 2.7 months

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Delayed spring market led to a busy June

New listings up nearly 14% year-over-year, giving buyers more options

Sellers advised to price strategically and prepare homes well

Apartment sales down ~20%, with inventory rising due to high fees, financing costs, and construction.

Home sales in Ottawa surged in May 2025, with 1,807 properties sold through the MLS® System—up 33.1% from April and 14.9% higher than May 2024, indicating a delayed spring market. This total is also 2.5% above the five-year average.

Despite economic uncertainty, Ottawa remains more stable than larger markets like Toronto or Vancouver, with sale prices continuing to align closely with asking prices. With rising inventory, sellers must focus on competitive pricing and strong presentation.

Pricing Highlights:

• Benchmark home price: $629,800 (+0.8% YoY)

• Single-family homes: $700,000 (+0.6%)

• Townhouses: $446,900 (+3.4%)

• Apartments: $404,700 (−3.6%)

• Average sale price: $728,623 (+4.8%)

• Total sales volume: $1.316 billion (+20.4%)

Inventory & Listings:

• New listings: 3,430 (+8.7% YoY, +15.8% above 5-year avg)

• Active listings: 4,347 (+13.5% YoY, +54.2% above 5-year avg)

• Months of inventory: 2.4 (unchanged YoY)

🔵 9001 – Kanata Lakes / Marchwood Lakeside / Morgan’s Grant / Beaverbrook

Neighborhoods: Kanata Lakes, Morgan’s Grant, Briarbrook, Marchwood, Beaverbrook (partly)

🏫 Public Schools (OCDSB):

• Earl of March Secondary School – top-rated, grades 7–12

• Stephen Leacock Public School – K–6

• W. Erskine Johnston PS – K–6 (French Immersion)

• Jack Donohue Public School – JK–8

🏫 Catholic Schools (OCSB/CECCE):

• St. Isidore Catholic School – JK–6

• All Saints High School – grades 7–12

• École élémentaire catholique Saint-Rémi – French Catholic

🔵 9002 – Glen Cairn / Hazeldean / Katimavik / Fringewood

Neighborhoods: Katimavik-Hazeldean, Glen Cairn, Fringewood

🏫 Public Schools:

• A.Y. Jackson Secondary School – grades 9–12

• Katimavik Elementary School – K–8 (Early French Immersion)

• Glen Cairn PS – JK–8

• Castlefrank Elementary – JK–6 (English)

• Ecole secondaire publique Omer-Deslauriers (French public – outside zone)

🏫 Catholic Schools:

• Holy Redeemer Catholic School – JK–6

• Holy Trinity Catholic High School – grades 7–12 (in Bridlewood but serves this area too)

• ÉÉC Roger-Saint-Denis – French Catholic

🔵 9003 – Bridlewood / Emerald Meadows

Neighborhoods: Bridlewood, Emerald Meadows, Trailwest (older section)

🏫 Public Schools:

• W.O. Mitchell Elementary School – JK–6

• Bridlewood Community Elementary – JK–6

• Roch Carrier Elementary – JK–6

• A.Y. Jackson Secondary School – also serves part of Bridlewood

🏫 Catholic Schools:

• St. Anne Catholic School – JK–6

• Holy Trinity Catholic High School – grades 7–12

• ÉÉC Saint-Jean-Paul II – French Catholic

🔵 9004 – Stittsville (border area, included in Kanata market trends)

Neighborhoods: West Ridge, Jackson Trails, Fairwinds

🏫 Public Schools:

• Westwind PS – JK–8

• A. Lorne Cassidy ES – JK–8

• Sacred Heart High School – Catholic grades 7–12

• South Carleton High School – Rural option (in Richmond)

🏫 Catholic Schools:

• St. Stephen School – JK–6

• ÉÉC Paul-Desmarais – grades 7–12, French Catholic

🔵 9005 – Kanata South (Trailwest, Blackstone, Monahan Landing, Fernbank)

Neighborhoods: Blackstone, Trailwest, Connections, Monahan Landing, Fernbank Crossing

🏫 Public Schools:

• Shirley’s Brook PS – some zone overlap

• South March PS – JK–6

• Fred Robertson School (Opening Soon) – JK–6 (new build in Fernbank area)

• New Kanata South High School – under planning

🏫 Catholic Schools:

• St. Gabriel School – JK–6

• Holy Trinity Catholic High School – 7–12

• ÉÉC Saint-Rémi / Saint-Jean-Paul II – French Catholic

Ottawa, ON – June 16, 2025
Canadian home sales rose 3.6% in May 2025 over April, marking the first monthly increase since November 2024. Gains were primarily driven by markets in the Greater Toronto Area, Calgary, and Ottawa.

Key Stats – May 2025:

• Home Sales: Up 3.6% month-over-month

• New Listings: Up 3.1% month-over-month

• MLS® HPI: Down slightly by 0.2% from April; down 3.5% year-over-year

• Average Sale Price: $691,299 (down 1.8% YoY)

• Sales-to-New Listings Ratio: 47% (near balanced market)

• Inventory: 4.9 months (aligned with long-term average)

• Total Active Listings: 201,880 (13.2% higher than last year but 5% below the norm)