Market Updates March 1- March 8, 2026

During the week of March 1 – March 8, 2026, a total of 124 (compared to 127 last week) homes were sold in Ottawa. Of those, 24 homes sold for over $1 million, compared to a total of 21 such sales the week before.

Homes sold above $1m:

https://portal.onehome.com/en-CA/share/1625206n44257 ⬇️

Crown Jewel Sale of the Week:

The most expensive home sold in Ottawa this week is a 1930s single-family residence located in the prestigious Glebe, just steps from Dow’s Lake. It offer 2,130 sq.ft of living space above grade, with 4 bedrooms on the 2nd floor. Originally listed on February 24, 2026, it sold firm on March 2, 2026, for the full asking price of $1,695,000. Its prime location offers the added benefit of being within walking distance of Ottawa’s famous annual Tulip Festival. https://portal.onehome.com/en-CA/share/1625609G51847

Other Homes Sold Above $1m:

Kanata Lakes: ⬇️

Built in 1989 and situated on a 50-foot lot, this well-maintained home offers a private retreat backing onto a quiet park with no rear neighbours. The interior features hardwood flooring throughout both levels. While the kitchen and bathrooms await your personal touch, the functional layout is exceptional, boasting five bedrooms on the second floor and three full bathrooms, including two ensuites. The unfinished basement provides a blank canvas for your future expansion.

Kanata South:

There homes were sold above $1m in Kanata South:

1. Cardel’s Miraval II, perfectly suited for a 46′ lot, boasts about 2,778 sq. ft. of luxurious living space. A standout feature is the main-floor bedroom and full bath, ideal for guests or multi-generational living. The home is anchored by a grand, two-story Great Room (open-to-above) that floods the interior with natural light.”This home was first listed in May 2025, for $1,249,900. It sold for $1,150,000 on March 5, 2026. https://portal.onehome.com/en-CA/share/1625645S14089

2. HN’s 44′ Byron, with 3 bedrooms on the 2nd floor, sold for $1,050,000. https://portal.onehome.com/en-CA/share/1625673p18827

3. Cardel’s 38′ Devonshire II, with 2,212 sq.ft of living space above grade, a swimming pool in the backyard, was listed in October 2025 for $1,150,00, and sold  for $1,025,000 on March 3, 2026. The basement of this home is unfinished. https://portal.onehome.com/en-CA/share/1625685T66647

Stittsville:

They were built in 1997, 2004, 2001 respectively. And here are their lot maps:

Carp:

A stunning, newly built bungalow situated on an expansive 2-acre lot recently sold over asking for $1,525,000. The main level offers a sophisticated layout featuring 3 bedrooms, a dedicated den, and 2.5 baths, complemented by a fully finished basement that provides significant additional living space.

Barrhaven:

1. Tartan’s 44′ Stratford model, built in 2014, has sold for $1,126,800. As one of Tartan’s most spacious single-family designs, it offers approximately 3,018 sq. ft. of premium living space, complemented by a fully finished basement. https://portal.onehome.com/en-CA/share/1625729C78586

2. Monarch’s 40′ Aspen model, built in 2014, has sold for $1,080,000. This impeccably maintained residence boasts over 3,000 sq. ft. of above-grade living space. The highly functional layout features 4 bedrooms and 3 full bathrooms on the second floor, offering the perfect balance of comfort and utility. https://portal.onehome.com/en-CA/share/1625728W13709

Findlay Creek:

A 2014-built Oxford model by Tamarack, situated on a 45′ lot with no rear neighbours, has sold for $1,248,000. This meticulously maintained residence features tasteful updates in both the kitchen and the primary ensuite. It truly represents pride of ownership.  https://portal.onehome.com/en-CA/share/1625761M82087.

Manotick / Mahogany:

1. Minto’s 45′ Nobel model—known as the Mapleton in their 43′ series—recently sold for $1,055,000. Built in 2024, this home features a stunning sunken family room with 11′ ceilings. https://portal.onehome.com/en-CA/share/1625733k49501

Here is Minto’s current pricing for their 45′ and 36′ singles in Mahogany:

2. Minto’s 45′ Birch model, facing a park, was sold over asking for $1,085,101. This home was built in 2022. It is situated on a corner lot, facing a park.

2-Storey Townhomes:

During the week of Feb 23- March 1, 2026, a total of 34 (down from 38 last week) 2-Storey townhomes were sold in Ottawa: https://portal.onehome.com/en-CA/share/1625348u61636

Riverside South:

This week’s champion of townhome sales, is A 2018-built HN’s “Brighton” model recently sold for $702,500.

Current Inventory:

Here is the current inventory for several areas of the Ottawa market as of today; the numbers in the brackets are inventory of last week.

Current inventory levels for specific communities are as follows:

Summary (Guan Guan’s observation, for reference only):

While Ottawa is seeing a modest uptick in inventory, the majority of homes are trading at reasonable market value. That said, we are still seeing standout results for premium properties; for instance, the Monarch 40′ Aspen and Tamarack 45′ Oxford models are selling above previous benchmarks. In these cases, the meticulous upkeep and pride of ownership shown by the sellers have clearly justified the stronger sale prices.

If you have any questions or ideas, please don’t hesitate to contact Guan Guan!