Ottawa · Ontario

Glebe & Old Ottawa South: Heritage Homes Along the Canal

The Glebe and Old Ottawa South are Ottawa's canal-side heritage neighbourhoods — tree-lined streets of detached character homes near Lansdowne Park, the Rideau Canal, and Carleton University. This is single-family territory, so the OREB number that fits is the single-family benchmark, which stood at $698,400 in March 2026 (down 2.3% year-over-year). Demand is split between families chasing walkable, established streets and investors eyeing student rentals near campus. The modest year-over-year benchmark dip, paired with OREB's note that single-family pricing has held comparatively steady through 2026, makes this one of the steadier corners of the Ottawa market for detached buyers.

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Frequently asked questions

What will I find for sale in the Glebe and Old Ottawa South?

Predominantly detached, century-and-older character homes, with some semis and a handful of low-rise condos. Because the area skews single-family, OREB's single-family benchmark of $698,400 (March 2026) is the most relevant city-wide reference point.

Does buying near Carleton make sense as an investment?

The student-rental demand near Carleton University and Old Ottawa South is a long-standing draw. OREB doesn't publish neighbourhood rent or yield data, so confirm rental rules and figures locally — but the area's steady single-family pricing is a point in its favour.

Is the detached market here volatile right now?

Less than most. OREB has described single-family pricing as comparatively stable through early 2026, with the benchmark off just 2.3% year-over-year in March — a milder move than the apartment segment's 4.4% decline.