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Ottawa

Ottawa

You Can List Ottawa Real Estate for FREE with Snap Up Real Estate.

Ottawa is the Capital City of Canada. As the centre of government for a nation of over 32 million people, Ottawa is an important business and cultural centre.  Real Estate in Ottawa can still be very affordable. Single family homes can still be found under $250,000, and even $200,000.  Of course the higher end areas of Ottawa still have homes priced above the $500,000 mark.  Ottawa also has a huge range on condos to choose from.  Being the seat of government for the nation creates a stable job market and in turn creates a stable and expanding real estate market.

Ottawa is the country's fourth largest city, as well as the second largest city in the province of Ontario. It is located in the Ottawa Valley on the eastern edge of the province of Ontario, 400 km northeast of Toronto and 190 km west of Montreal. Ottawa lies on the banks of the Ottawa River, a major waterway that forms the border between Ontario and Quebec. In 2005, the city was estimated to have 859,704 residents, while the metropolitan area, which includes the city of Gatineau, Quebec, was estimated to have a population of 1,148,785. Ottawa has a significant Francophone population, and under city government policy, all municipal services are available in both English and French.

Ottawa is situated on the south bank of the Ottawa River, and contains the mouths of the Rideau River and Rideau Canal. The oldest part of the city is known as Lower Town and occupies an area between the canal and the rivers. Across the canal to the west lies Centretown, which is the city's financial and commercial hub. The City of Ottawa includes many urban areas. The main one extends a considerable distance to the east, west and south of the centre, and includes the former cities of Gloucester, Nepean and Vanier, the former village of Rockcliffe Park and the suburban communities of Manotick and Orléans. In addition to the main urban area, there is the Kanata urban area consisting of the urbanized part of the former city of Kanata and the former village of Stittsville. There are also a number of satellite towns and rural communities that are also urban areas that lie beyond the greenbelt but are administratively part of the Ottawa municipality. These are Constance Bay, Kars, Metcalfe, Munster, Osgoode, and Richmond.

Across the Ottawa River, which forms the border between Ontario and Quebec, lies the city of Gatineau. Although formally and administratively separate cities in two separate provinces, Ottawa and Gatineau collectively constitute the National Capital Region, with a combined population exceeding one million residents, and the area is considered a single metropolitan area.

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Statistics and information courtesy of StatsCan and Wikipedia

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