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 single-family segment is the fitting reference rather than the city's condo figures. Demand is split between families chasing walkable, established streets and investors eyeing student rentals near campus. Limited turnover and heritage character have historically made this one of the steadier corners of the Ottawa market for detached buyers.
Sector professionals
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Real estate market data
Figures for the Ottawa Real Estate Board (OREB) area as a whole, which includes Glebe–Old Ottawa South. In August 2026, the MLS® benchmark price across the Ottawa Real Estate Board (OREB) area stood at $637,700, up 1% year over year. The average price, all property types combined, was $688,253. By property type: single-family $698,400 (−2.3%), townhouse $554,700 (−3.2%), and apartment $384,700 (−4.4%). There were 1,002 sales during the month, 18.6% fewer than a year earlier. With 4.5 months of inventory, the market is balanced by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes took an average of 29 days to sell.
Source: OREB, August 2026
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 near Bank Street and Lansdowne. Many homes have been renovated in stages, so an inspection that looks at wiring, plumbing and foundations is essential.
Does buying near Carleton make sense as an investment?
Student-rental demand near Carleton University and Old Ottawa South is a long-standing draw. Check the City of Ottawa's zoning and rental-licensing rules for the specific property before counting on rental income, and budget for the upkeep older homes require.
How are home prices by type moving across the Ottawa area?
In August 2026, across the Ottawa Real Estate Board (OREB) area, by property type: single-family $698,400 (−2.3%), townhouse $554,700 (−3.2%), and apartment $384,700 (−4.4%). Source: OREB, August 2026.